John Hancock Closed-End Funds Announce Monthly Distributions
The John Hancock closed-end funds have declared their monthly distributions for September 2026. The distribution details include the declaration date of September 1, ex-date and record date on September 11, with payments scheduled for September 30. Each fund has specified its per-share distribution amount along with the annualized current distribution rate at market price as of August 31. The distributions are made under each fund's managed distribution plan (PDT Plan or HTD Plan), which outlines that payouts may include net investment income, capital gains, and potentially return of capital. The Board retains the right to amend or terminate these plans at any time. Investors should note that a portion of their returns might be classified as return of capital rather than taxable income. Investors will receive notices detailing the estimated components of each distribution before payment is made, with final tax reporting provided via Form 1099-DIV after year-end.
Topics: closed-end funds dividends