BOSTON, Dec. 3, 2018 /PRNewswire/ -- The four John
Hancock closed-end funds listed below declared their quarterly
distributions today as follows:
Declaration
Date:
|
December 3,
2018
|
Ex Date:
|
December 12,
2018
|
Record
Date:
|
December 13,
2018
|
Payment
Date:
|
December 31,
2018
|
|
Fund
Name
|
Distribution
Per
Share
|
Change From
Previous
Distribution
|
Market Price
as of
11/30/2018
|
Annualized
Current
Distribution
Rate at Market
|
HEQ
|
Hedged Equity &
Income Fund
|
$0.3760
|
-
|
$14.38
|
10.46%
|
JHI
|
Investors
Trust
|
$0.3167
|
$0.0478
|
$14.94
|
8.48%
|
JHS
|
Income Securities
Trust
|
$0.2085
|
$0.0374
|
$12.82
|
6.51%
|
HTY
|
Tax-Advantaged
Global
Shareholder Yield Fund
|
$0.1600
|
-
|
$7.18
|
8.91%
|
John Hancock Hedged Equity & Income Fund
Hedged
Equity & Income Fund (the "Fund") declared its quarterly
distribution pursuant to the Fund's managed distribution plan (the
"HEQ Plan"). Under the HEQ Plan, the Fund makes quarterly
distributions in a fixed amount of $0.3760 per share, which will be paid quarterly
until further notice. Distributions under the HEQ Plan may consist
of net investment income, net realized long-term capital gains, net
realized short-term capital gains and, to the extent necessary,
return of capital. The Fund may also make additional distributions
(i) for purposes of not incurring federal income tax on investment
company taxable income and net capital gain of the Fund, if any,
not included in such regular distributions and (ii) for purposes of
not incurring federal excise tax on ordinary income and capital
gain net income, if any, not included in such regular quarterly
distributions. The Board may amend the terms of the HEQ Plan or
terminate the HEQ Plan at any time.
*****
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.jhinvestments.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.
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 Investments
John Hancock
Investments provides asset management services to individuals and
institutions through a unique manager-of-managers approach. A
wealth management business of John Hancock Financial, we managed
more than $155 billion in assets as
of December 31, 2017 across mutual
funds, college savings plans, and retirement plans.
About John Hancock Financial and Manulife
Financial
John Hancock Financial is a division of
Manulife Financial, a leading Canada-based financial services group with
principal operations in Asia,
Canada and the United States. Operating as Manulife
Financial in Canada and
Asia, and primarily as John
Hancock in the United States, the
Company 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
C$1 trillion (US$829 billion) as of December 31, 2017. 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
manulife.com.
The John Hancock unit, through its insurance companies,
comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range
of financial products, including life insurance, annuities, fixed
products, mutual funds, 401(k) plans, college savings, and other
forms of business insurance. Additional information about John
Hancock may be found at johnhancock.com.
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SOURCE John Hancock Investments