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JOHN HANCOCK HEDGED EQUITY & INCOME FUND - HEQ STOCK NEWS

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John Hancock Hedged Equity & Income Fund (NYSE: HEQ) is a closed-end management investment company with a focus on providing total return through current income and gains, along with long-term capital appreciation. Managed by John Hancock Investment Management LLC and subadvised by Wellington Management Company LLP, the fund leverages a diversified investment strategy across various sectors including financials, consumer discretionary, information technology, energy, healthcare, materials, real estate, consumer staples, and short-term investments.

The fund's unique approach to asset management, combining in-house expertise with a network of specialized unaffiliated asset managers, aims to deliver strong risk-adjusted returns. The fund prioritizes rigorous investment oversight to ensure adherence to high standards and consistent performance.

John Hancock Hedged Equity & Income Fund is notable for its managed distribution plan, providing fixed quarterly distributions. Recently, the fund announced a quarterly distribution of $0.2500 per share, reflecting a strategic adjustment in its distribution plan to sustain its long-term investment objectives. The fund's investment approach allows it to draw from net investment income, realized short-term and long-term capital gains, and return of capital to support these distributions.

As part of the broader John Hancock Investments and Manulife Investment Management family, the fund benefits from over a century of financial stewardship. The parent company’s extensive resources, coupled with a global presence across 18 geographies, enhance the fund's operational capabilities. Commitment to responsible investing is a cornerstone of their strategy, fostering sustainable financial well-being for investors.

The fund's latest financial updates include quarterly distributions, strategic adjustments to its managed distribution plan, and ongoing efforts to align investment performance with shareholder expectations. Investors are encouraged to monitor these updates closely for insights into fund performance and strategic decisions.

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John Hancock Hedged Equity & Income Fund (NYSE: HEQ) announced a quarterly distribution of $0.2900 per share, payable on June 30, 2022. This distribution is part of its managed distribution plan and is based on net investment income and capital gains. As of May 31, 2022, the fund reported an average annual total return of 3.86% over five years. The distribution is sourced primarily from net investment income (46%) and short-term capital gains (54%). This notice serves as an important update for shareholders regarding their investments.

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On March 31, 2022, John Hancock Hedged Equity & Income Fund (NYSE: HEQ) announced a quarterly distribution of $0.2900 per share for shareholders of record as of March 11, 2022. This payment aligns with the Fund's managed distribution plan and is part of the total cumulative distributions for the fiscal year. For the period from January 1 to March 31, 2022, the estimated sources of this distribution include 46% net investment income and 54% net realized short-term capital gains with no contributions from long-term capital gains or return of capital.

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John Hancock Hedged Equity & Income Fund (NYSE: HEQ) has announced a quarterly distribution of $0.2900 per share, payable on December 31, 2021, to shareholders of record as of December 13, 2021. This distribution is part of the Fund's managed distribution plan. The sources of this distribution include net investment income (39%), net realized long-term capital gains (44%), and return of capital (16%). The Fund's average annual total return for the last five years was 4.74%, with a current distribution rate of 9.08%.

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John Hancock Hedged Equity & Income Fund (NYSE: HEQ) has announced a quarterly distribution of $0.2900 per share, payable to shareholders of record as of September 13, 2021. This distribution is part of the Fund's managed distribution plan and will be paid on September 30, 2021. The Fund's current distribution is composed of 45% net investment income, with 55% coming from a return of capital. The Fund has also disclosed that it has distributed more than its income and net realized capital gains, indicating a potential return of capital.

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On June 30, 2021, John Hancock Hedged Equity & Income Fund (NYSE: HEQ) announced a quarterly distribution of $0.2900 per share for shareholders of record as of June 11, 2021, as part of its managed distribution plan. The estimated sources for this distribution include 64% from net investment income, 9% from net realized long-term capital gains, and 27% from return of capital. The Fund has distributed more than its income, implying part of the distribution may be a return of capital. The annualized current distribution rate as of May 31, 2021, is 8.46%.

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On March 31, 2021, the John Hancock Hedged Equity & Income Fund (NYSE: HEQ) announced its quarterly distribution of $0.2900 per share, payable to shareholders as of March 11, 2021. This distribution is part of the Fund's managed distribution plan. The total distribution for the period includes contributions from net investment income, net realized short-term capital gains, net realized long-term capital gains, and return of capital. Shareholders should note that part of the distribution may be a return of capital, which does not directly reflect the Fund's investment performance.

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FAQ

What is the current stock price of JOHN HANCOCK HEDGED EQUITY & INCOME FUND (HEQ)?

The current stock price of JOHN HANCOCK HEDGED EQUITY & INCOME FUND (HEQ) is $10.27 as of December 20, 2024.

What is the market cap of JOHN HANCOCK HEDGED EQUITY & INCOME FUND (HEQ)?

The market cap of JOHN HANCOCK HEDGED EQUITY & INCOME FUND (HEQ) is approximately 123.0M.

What is the investment objective of John Hancock Hedged Equity & Income Fund (HEQ)?

The fund aims to provide total return with a focus on current income and gains, along with long-term capital appreciation.

Who manages the John Hancock Hedged Equity & Income Fund?

The fund is managed by John Hancock Investment Management LLC and subadvised by Wellington Management Company LLP.

What sectors does the John Hancock Hedged Equity & Income Fund invest in?

The fund invests across various sectors including financials, consumer discretionary, information technology, energy, healthcare, materials, real estate, consumer staples, and short-term investments.

What is the fund’s quarterly distribution amount?

The current quarterly distribution amount is $0.2500 per share.

What is the managed distribution plan?

The managed distribution plan is a strategy where the fund makes fixed quarterly distributions, which may include net investment income, net realized capital gains, and return of capital.

How does John Hancock Hedged Equity & Income Fund ensure high investment standards?

The fund applies rigorous investment oversight and leverages specialized expertise through its network of unaffiliated asset managers.

What distinguishes John Hancock Hedged Equity & Income Fund from other investment funds?

The fund's unique multimanager approach, combining in-house capabilities with a network of specialized asset managers, sets it apart.

What recent changes were made to the fund’s distribution plan?

Recently, the quarterly distribution amount was adjusted from $0.2900 to $0.2500 per share to better align with the fund’s long-term objectives.

What should investors understand about return of capital distributions?

Return of capital distributions may include funds paid back to investors and do not necessarily reflect the fund’s investment performance.

How can I get more information about the John Hancock Hedged Equity & Income Fund?

For additional information, contact your financial professional or call the John Hancock Investment Management Closed-End Fund Information Line at 1-800-843-0090.

JOHN HANCOCK HEDGED EQUITY & INCOME FUND

NYSE:HEQ

HEQ Rankings

HEQ Stock Data

122.99M
12.09M
0.11%
34.68%
0.05%
Asset Management
Financial Services
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United States of America
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