BOSTON, Aug. 19, 2011 /PRNewswire/ -- The nine John
Hancock Closed-End Funds listed in the table below announced the
earnings(1) for the three months ended July
31, 2011. The same data for the comparable three month
period ended July 31, 2010 is also
available below for those same nine funds.
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Three Months
Ended 7/31/2011
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Ticker
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Fund
Name
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Current
Fiscal Year End
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Net
Investment Income
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Per Common
Share
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NAV
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Total
Managed Assets
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Total Net
Assets
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HPI
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Preferred Income Fund
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7/31
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$11,287,986
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$0.436
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$20.70
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$808,889,842*
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$536,089,842
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HPF
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Preferred Income Fund
II
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7/31
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$9,290,461
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$0.439
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$20.70
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$660,774,676*
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$438,474,676
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HPS
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Preferred Income Fund
III
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7/31
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$12,018,417
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$0.382
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$17.75
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$845,797,316*
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$558,397,316
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BTO
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Bank and Thrift Opportunity
Fund
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10/31
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$375,968
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$0.019
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$17.53
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$341,539,407
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$341,539,407
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JHS
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Income Securities
Trust
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10/31
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$3,264,551
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$0.281
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$15.10
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$262,349,552*
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$175,349,552
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JHI
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Investors Trust
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10/31
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$4,327,552
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$0.507
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$20.48
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$262,629,652*
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$174,929,652
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PDT
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Premium Dividend
Fund**
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10/31
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$11,500,373
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$0.230
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$12.87
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$972,234,325*
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$643,034,325
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HTD
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Tax-Advantaged Dividend Income
Fund
|
10/31
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$12,780,858
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$0.339
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$17.58
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$1,007,518,732*
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$663,518,732
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HTY
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Tax-Advantaged Global
Shareholder Yield Fund
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10/31
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$2,100,295
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$0.222
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$12.50
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$118,191,702
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$118,191,702
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Three Months
Ended 7/31/2010
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Ticker
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Fund
Name
|
Current
Fiscal Year End
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Net
Investment Income(2)
|
Per Common
Share
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NAV
|
Total
Managed Assets
|
Total Net
Assets
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HPI
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Preferred Income Fund
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7/31
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$10,867,832
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$0.420
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$19.70
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$759,659,102*
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$510,359,102
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HPF
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Preferred Income Fund
II
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7/31
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$8,832,842
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$0.417
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$19.57
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$619,785,512*
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$414,485,512
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HPS
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Preferred Income Fund
III
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7/31
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$11,189,176
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$0.356
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$16.86
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$792,635,098*
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$530,035,098
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BTO
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Bank and Thrift Opportunity
Fund
|
10/31
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$349,751
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$0.017
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$17.85
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$366,062,565
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$366,062,565
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JHS
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Income Securities
Trust
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10/31
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$3,442,992
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$0.298
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$14.42
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$247,382,784*
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$166,382,784
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JHI
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Investors Trust
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10/31
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$4,618,670
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$0.544
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$19.45
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$244,994,320*
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$164,994,320
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PDT
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Patriot Premium Dividend Fund
II**
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10/31
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$10,661,730
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$0.213
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$11.52
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$859,846,401*
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$575,846,401
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HTD
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Tax-Advantaged Dividend Income
Fund
|
10/31
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$10,899,090
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$0.285
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$15.42
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$885,302,909*
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$589,102,909
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HTY
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Tax-Advantaged Global
Shareholder Yield Fund
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10/31
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$2,326,959
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$0.248
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$12.16
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$114,170,746
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$114,170,746
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*Total managed assets include
assets attributable to borrowings under Credit Facility
Agreement.
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**Effective October 18, 2010,
the John Hancock Patriot Premium Dividend Fund II changed its name
to the John Hancock Premium Dividend Fund.
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(1) Earnings refer to net investment income, which is comprised
of the Funds' interest and dividend income, less expenses.
(2) Net investment income for the three months ended 7/31/2010 has been revised to exclude the impact
of gain/loss on interest rate swaps.
John Hancock Hedged Equity & Income Fund (NYSE: HEQ), a
closed-end fund that commenced operations on May 26, 2011, announced its earnings for the
period May 26, 2011 through
July 31, 2011. As of
July 31, 2011, HEQ had net investment
income of $7,781, equal to
$.001 per common share. The total net
assets of the Fund were $266,780,671
and its net asset value was $18.25 as
of July 31, 2011.
Up-to-date distribution rate information is available on John
Hancock Funds' web site at www.jhfunds.com by clicking on
"Closed-End Funds" under "Funds & Performance" tab.
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 Funds
The Boston-based mutual fund
business unit of John Hancock Financial, John Hancock Funds,
manages more than $71.6 billion in
open-end funds, closed-end funds, private accounts, retirement
plans and related party assets for individual and institutional
investors at June 30, 2011.
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$481 billion (US$498 billion) at June
30, 2011.
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