BOSTON, Dec. 1, 2017 /PRNewswire/ -- The three John
Hancock closed-end funds listed below declared their monthly
distributions today as follows:
Declaration
Date:
|
December 1,
2017
|
Ex Date:
|
December 8,
2017
|
Record
Date:
|
December 11,
2017
|
Payment
Date:
|
December 29,
2017
|
Ticker
|
Fund
Name
|
Distribution
Per Share
|
Change From
Previous
Distribution
|
Market Price
as
of 11/30/2017
|
Annualized
Current
Distribution Rate
at Market
|
HPI
|
Preferred Income
Fund
|
$0.1400
|
-
|
$21.28
|
7.89%
|
HPF
|
Preferred Income Fund
II
|
$0.1400
|
-
|
$21.26
|
7.90%
|
HPS
|
Preferred Income Fund
III
|
$0.1222
|
-
|
$18.43
|
7.96%
|
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 sent to
shareholders at the time of payment if it does not consist solely
of net investment income. 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 $148 billion in assets as
of September 30, 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$780 billion) as of June
30, 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 Investors