Manulife Investment Management (US) LLC Announces Monthly Distributions for Closed-End Funds
Manulife Financial Corp’s subsidiary, Manulife Investment Management (US) LLC, has been involved in the management of two closed-end funds: John Hancock Premium Dividend Fund and John Hancock Tax-Advantaged Dividend Income Fund.
Monthly Distributions
The following monthly distributions have been announced for the two funds:
- John Hancock Premium Dividend Fund: $0.0825 per share
- John Hancock Tax-Advantaged Dividend Income Fund: $0.1380 per share
Managed Distribution Plans
The distributions are part of the funds’ managed distribution plans, which maintain fixed monthly payments. These plans aim to provide stable and predictable returns for shareholders.
Key Details
- Funds: John Hancock Premium Dividend Fund and John Hancock Tax-Advantaged Dividend Income Fund
- Distributing entity: Manulife Investment Management (US) LLC
- Distributions: $0.0825 per share (John Hancock Premium Dividend Fund) and $0.1380 per share (John Hancock Tax-Advantaged Dividend Income Fund)