John Hancock Closed-End Funds Announce Monthly Distributions for October
The John Hancock closed-end funds have declared their monthly distributions, effective with a declaration date of October 1, 2026. The ex-date and record date are both set for October 13, while the payment will be made on October 30. Each fund has specified its distribution per share along with the annualized current distribution rate at market price as of September 30, 2026. The Preferred Income Funds (HPI, HPF, HPS) are changing their fiscal year ends from July 31 to October 31 starting on October 31, 2026. The Premium Dividend Fund and Tax-Advantaged Dividend Income Fund operate under managed distribution plans that may include various sources of income or return of capital. Investors should note that a portion of the distributions might not be from net investment income but could instead represent returns of capital. Shareholders will receive tax-related notices with estimated components, though these estimates may differ from final federal tax characterizations.
Topics: closed-end funds dividends