BOSTON, Feb. 1, 2011 /PRNewswire/ -- The five John
Hancock closed-end funds listed below declared their monthly
distributions today as follows:
Declaration Date:
|
February 1, 2011
|
|
Ex Date:
|
February 9, 2011
|
|
Record Date:
|
February 11, 2011
|
|
Payment Date:
|
February 28, 2011
|
|
|
|
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Ticker
|
Fund Name
|
Amount
|
Change From
Previous Month
|
Market Price
as of 1/31/2011
|
Annualized
Current Distribution Rate at Market
|
|
HPI
|
Preferred Income Fund
|
$0.1240
|
-
|
$18.47
|
8.06%
|
|
HPF
|
Preferred Income Fund
II
|
$0.1240
|
-
|
$18.41
|
8.08%
|
|
HPS
|
Preferred Income Fund
III
|
$0.1122
|
-
|
$15.98
|
8.43%
|
|
PDT
|
Premium Dividend Fund
(previously known as Patriot Premium Dividend Fund II)
|
$0.0755
|
-
|
$11.32
|
8.00%
|
|
HTD
|
Tax-Advantaged Dividend Income
Fund
|
$0.0910
|
-
|
$15.48
|
7.05%
|
|
|
|
|
|
|
|
|
|
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 mailed to shareholders at
the time of payment if it does not consist solely of net investment
income. At this time, one or more of the Funds anticipates that the
notice accompanying the current distribution will include an
estimate of return of capital. Such notice will also be posted to
the Funds' website at www.jhfunds.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.
About John Hancock Funds
The Boston-based mutual fund
business unit of John Hancock Financial, John Hancock Funds,
manages more than $60.8 billion in
open-end funds, closed-end funds, private accounts, retirement
plans and related party assets for individual and institutional
investors at September 30, 2010.
About John Hancock Financial and Manulife Financial
Corporation
John Hancock Financial is a unit of Manulife Financial
Corporation, a leading Canadian-based financial services group
serving millions of customers in 22 countries and territories
worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in
the United States, Manulife
Financial Corporation 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 Cdn$474 billion (US$460 billion) at September 30, 2010.
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 www.manulife.com.
The John Hancock unit, through its insurance companies,
comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial
products and services, including life insurance, fixed and variable
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 www.johnhancock.com.
SOURCE John Hancock Funds