JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS - John Hancock Preferred (NYSE:HPS), John Hancock Preferred (NYSE:HPF)

Core Viewpoint - John Hancock has declared monthly distributions for several closed-end funds, with specific amounts per share and corresponding market prices, indicating a commitment to providing returns to investors through managed distribution plans [1][2][4]. Distribution Details - The Preferred Income Fund II (HPF) will distribute $0.1235 per share, with a market price of $16.43 and an annualized current distribution rate of 9.02% [1]. - The Preferred Income Fund III (HPS) will distribute $0.1100 per share, with a market price of $14.98 and an annualized current distribution rate of 8.81% [1]. - The Premium Dividend Fund (PDT) will distribute $0.0825 per share, with a market price of $13.12 and an annualized current distribution rate of 7.55% [1][2]. - The Tax-Advantaged Dividend Income Fund (HTD) will distribute $0.1580 per share, with a market price of $24.92 and an annualized current distribution rate of 7.61% [1][4]. Fund Management Plans - The Premium Dividend Fund operates under a managed distribution plan (PDT Plan), ensuring monthly distributions of $0.0825 per share until further notice [2]. - The Tax-Advantaged Dividend Income Fund operates under a managed distribution plan (HTD Plan), ensuring monthly distributions of $0.1580 per share until further notice [4]. Distribution Composition - Distributions under both the PDT and HTD Plans may include net investment income, net realized long-term capital gains, net realized short-term capital gains, and potentially a return of capital [3][5]. - Additional distributions may be made to avoid federal income tax on taxable income and capital gains not included in regular distributions [3][6]. Investor Communication - Shareholders will receive a notice detailing the estimated components of distributions if they do not consist solely of net investment income, which will also be posted on the Funds' website [7].