John Hancock Premium Dividend Fund Announces Sources of July Distribution
The John Hancock Premium Dividend Fund (NYSE: PDT) has provided shareholders with details regarding the sources of its monthly distribution for July 2026. The fund distributed $0.0883 per share, primarily sourced from return of capital and net investment income. According to the notice, approximately 67% of this month's distribution came from a return of capital or other capital source, while 33% was derived from net investment income. Over the fiscal year-to-date period (November 2025–July 2026), cumulative distributions were largely funded by long-term capital gains and net investment income. The fund has been distributing more than its earned income and realized capital gains, which means a portion of shareholders' returns may represent a return of their original investment. The firm emphasized that these estimates are not for tax reporting purposes; actual figures will be provided on the Form 1099-DIV at year-end.