BOSTON, Dec. 2, 2024
/PRNewswire/ - The John Hancock closed-end Preferred Income Fund
declared its monthly distribution today as follows:
Declaration
Date: December 2, 2024
Ex
Date:
December 12, 2024
Record
Date:
December 12, 2024
Payment
Date:
December 19, 2024
Ticker
|
Fund
Name
|
Distribution
Per Share
|
Change From
Previous Distribution
|
Market Price as
of 11/29/2024
|
Annualized
Current
Distribution Rate at
Market
|
HPI
|
Preferred Income
Fund
|
$0.1235
|
-
|
$17.65
|
8.40 %
|
A portion of a Fund's current distribution may include sources
other than net investment income, including a return of capital.
Investors should understand that a return of capital is not a
distribution from income or gains of a Fund. As required under the
Investment Company Act of 1940, a notice with the estimated
components of the distribution will be sent to shareholders at the
time of payment if it does not consist solely of net investment
income. Such notice will also be posted to the Funds' website
at www.jhinvestments.com. The notice should not be used to
prepare tax returns as the estimates indicated in the notice may
differ from the ultimate federal income tax characterization of
distributions. After the end of each calendar year, investors will
be sent a Form 1099-DIV informing them how to report distributions
received during that year for federal income tax purposes.
Statements in this press release that are not historical
facts are forward-looking statements as defined by the United States securities laws. You should
exercise caution in interpreting and relying on forward-looking
statements because they are subject to uncertainties and other
factors which are, in some cases, beyond the Fund's control and
could cause actual results to differ materially from those set
forth in the forward-looking statements.
An investor should consider a Fund's investment objectives,
risks, charges and expenses carefully before investing.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors
through a unique multimanager approach, complementing our extensive
in-house capabilities with an unrivaled network of specialized
asset managers, backed by some of the most rigorous investment
oversight in the industry. The result is a diverse lineup of
time-tested investments from a premier asset manager with a
heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the
global wealth and asset management segment of Manulife Financial
Corporation. We draw on more than a century of financial
stewardship and the full resources of our parent company to serve
individuals, institutions, and retirement plan members worldwide.
Headquartered in Toronto, our
leading capabilities in public and private markets are strengthened
by an investment footprint that spans 18 geographies. We complement
these capabilities by providing access to a network of unaffiliated
asset managers from around the world. We're committed to investing
responsibly across our businesses. We develop innovative global
frameworks for sustainable investing, collaboratively engage with
companies in our securities portfolios, and maintain a high
standard of stewardship where we own and operate assets, and we
believe in supporting financial well-being through our workplace
retirement plans. Today, plan sponsors around the world rely on our
retirement plan administration and investment expertise to help
their employees plan for, save for, and live a better retirement.
Not all offerings are available in all jurisdictions. For
additional information, please visit manulifeim.com.
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SOURCE John Hancock Investment Management