2014

John Hancock Closed-End Funds Declare Monthly Distributions

BOSTON, Nov. 1, 2013 /PRNewswire/ -- The five John Hancock closed-end funds listed below declared their monthly distributions today as follows:






Declaration Date: 

November 1, 2013



Ex Date:  

November 7, 2013



Record Date: 

November 12, 2013



Payment Date:

November 29, 2013
















Ticker

Fund Name

Distribution

Per Share

Change From

Distribution Paid in

Previous Month

Market Price

as of

10/31/2013

Annualized

Current

Distribution

Rate at Market

HPI

Preferred Income Fund

$0.1400

-

$19.09

8.80%

HPF

Preferred Income Fund II

$0.1400

-

$19.02

8.83%

HPS

Preferred Income Fund III

$0.1222

-

$16.71

8.78%

PDT

Premium Dividend Fund

$0.0755

-

$12.51

7.24%

HTD

Tax-Advantaged Dividend

Income Fund

$0.0985

-

$18.34

6.44%







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. We combine unbiased asset management with vigorous investment oversight to offer investors a deeper level of diversification across asset classes. A wealth management business of John Hancock Financial, we managed nearly $100 billion in assets as of June 30, 2013, 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$567billion (US$539 billion) at June 30, 2013. 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, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com.

SOURCE John Hancock Funds



RELATED LINKS
http://www.jhinvestments.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.