John Hancock Investment Management Announces Monthly Distributions for Two Closed-End Funds
BOSTON, Sept. 1, 2026 /CourierPR/ -- John Hancock Investment Management has announced the monthly distribution details for two of its closed-end funds, ensuring regular payments to shareholders. According to the release, the John Hancock Premium Dividend Fund will distribute $0.0883 per share each month, while the John Hancock Tax-Advantaged Dividend Income Fund will pay $0.1580 per share.
The monthly distributions are managed under respective plans, with the potential for additional distributions to avoid federal income and excise taxes. Both funds may include distributions from net investment income, net realized capital gains, and, if necessary, return of capital. The terms of these plans can be amended or terminated by the Board at any time.
A statement regarding the distribution components will be sent to shareholders, and a notice will be posted on the company’s website at www.jhinvestments.com. Investors should be aware that a return of capital is not a distribution from income or gains of the fund. Detailed tax information will be provided via Form 1099-DIV at the end of the year.
The funds’ current distributions may include sources other than net investment income, as mandated by the Investment Company Act of 1940. The actual federal income tax characterization of distributions may differ from the estimates provided.
Forward-looking statements in the release are subject to uncertainties and other factors that could affect actual outcomes. Investors are advised to consider the investment objectives, risks, charges, and expenses of the funds carefully before making any investment decisions.
John Hancock Investment Management, part of Manulife Financial Corporation, offers a range of investment options through its specialized multimanager approach. This strategy combines in-house investment capabilities with a broad network of unaffiliated asset managers, ensuring diverse and robust investment solutions for its clients.