BOSTON, July 1, 2016 /PRNewswire/ -- The four John
Hancock closed-end funds listed below declared their monthly
distributions today as follows:
Declaration
Date: July 1, 2016
Ex
Date: July
7, 2016
Record
Date:
July 11, 2016
Payment
Date: July
29, 2016
Ticker
|
Fund
Name
|
Distribution Per
Share
|
Change From
Previous Distribution
|
Market Price as of
6/30/2016
|
Annualized Current
Distribution Rate at Market
|
HPI
|
Preferred Income
Fund
|
$0.1400
|
-
|
$22.84
|
7.36%
|
HPF
|
Preferred Income Fund
II
|
$0.1400
|
-
|
$22.70
|
7.40%
|
HPS
|
Preferred Income Fund
III
|
$0.1222
|
-
|
$19.98
|
7.34%
|
HTD
|
Tax-Advantaged
Dividend Income Fund
|
$0.1210
|
-
|
$24.92
|
5.83%
|
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 Investments
John Hancock
Investments provides asset management services to individuals and
institutions through a unique manager-of-managers approach. A
wealth management business of John Hancock Financial, we managed
more than $131 billion in assets as
of March 31, 2016, across mutual
funds, college savings plans, and retirement plans.
About John Hancock Financial and Manulife Financial
John Hancock Financial is a division of Manulife Financial, a
leading Canada-based financial
services group with principal operations in Asia, Canada
and the United States. Operating
as Manulife Financial in Canada
and Asia, and primarily as John
Hancock in the United States, the
Company offers clients a diverse range of financial protection
products and wealth management services through its extensive
network of employees, agents and distribution partners. Funds under
management by Manulife Financial and its subsidiaries were
C$904 billion (US$676 billion) as of March 31, 2016. Manulife Financial Corporation
trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the
SEHK. Manulife Financial can be found on the Internet at
manulife.com.
The John Hancock unit, through its insurance companies,
comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range
of financial products, including life insurance, annuities, fixed
products, mutual funds, 401(k) plans, long-term care insurance,
college savings, and other forms of business insurance. Additional
information about John Hancock may be found at johnhancock.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/john-hancock-closed-end-funds-declare-monthly-distributions-300293503.html
SOURCE John Hancock Investments