JOHN HANCOCK PREMIUM DIVIDEND FUND - NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)
John Hancock Premium Dividend Fund (NYSE: PDT) announced its monthly distribution of $0.0825 per share, payable on August 30, 2024, to shareholders of record as of August 12, 2024. The distribution sources are: 82% from net investment income and 18% from return of capital. For the fiscal year-to-date, 58% came from net investment income and 42% from return of capital. The fund's average annual total return over 5 years is 5.15%, with a current annualized distribution rate of 7.66% based on NAV. The fund's cumulative total return for the fiscal year through July 31, 2024, is 30.27%. Shareholders are advised that a portion of the distribution may be a return of capital and not to draw conclusions about the fund's performance from this distribution.
Il John Hancock Premium Dividend Fund (NYSE: PDT) ha annunciato la sua distribuzione mensile di $0.0825 per azione, pagabile il 30 agosto 2024, agli azionisti registrati al 12 agosto 2024. Le fonti della distribuzione sono: 82% da reddito netto da investimenti e 18% da restituzione di capitale. Fino ad oggi, per l'anno fiscale, il 58% è derivato da reddito netto da investimenti e il 42% da restituzione di capitale. Il ritorno totale annuale medio del fondo negli ultimi 5 anni è del 5,15%, con un tasso di distribuzione annualizzato attuale del 7,66% basato sul NAV. Il ritorno totale cumulativo del fondo per l'anno fiscale fino al 31 luglio 2024 è del 30,27%. Si invita gli azionisti a considerare che una parte della distribuzione potrebbe essere una restituzione di capitale e di non trarre conclusioni sulle prestazioni del fondo da questa distribuzione.
El John Hancock Premium Dividend Fund (NYSE: PDT) anunció su distribución mensual de $0.0825 por acción, que se pagará el 30 de agosto de 2024, a los accionistas registrados al 12 de agosto de 2024. Las fuentes de la distribución son: 82% de ingresos netos por inversiones y 18% de devolución de capital. Hasta la fecha en el año fiscal, el 58% provino de ingresos netos por inversiones y el 42% de la devolución de capital. El retorno total anual promedio del fondo en los últimos 5 años es del 5.15%, con una tasa de distribución anualizada actual del 7.66% basada en el NAV. El retorno total acumulado del fondo para el año fiscal hasta el 31 de julio de 2024 es del 30.27%. Se aconseja a los accionistas que una parte de la distribución puede ser una devolución de capital y que no saquen conclusiones sobre el rendimiento del fondo a partir de esta distribución.
존 핸콕 프리미엄 배당 펀드(NYSE: PDT)는 2024년 8월 30일에 지급될 주당 $0.0825의 월 배당금을 발표했습니다. 이 배당금은 2024년 8월 12일까지 주주로 등록된 이들에게 지급됩니다. 배당금의 출처는 82%가 순투자 수익에서, 18%가 자본 환급에서 나옵니다. 회계연도 기준으로 현재까지 순투자 수익은 58%, 자본 환급은 42%입니다. 이 펀드의 5년간 평균 연간 총 수익률은 5.15%로, 현재 연환산 배당률은 7.66%입니다(NAV 기준). 2024년 7월 31일까지의 회계연도 동안 펀드의 누적 총 수익률은 30.27%입니다. 주주들에게는 배당금의 일부가 자본 환급일 수 있으며, 이 배당금을 통해 펀드의 성과에 대한 결론을 내리지 말 것을 권장합니다.
Le John Hancock Premium Dividend Fund (NYSE: PDT) a annoncé sa distribution mensuelle de $0.0825 par action, qui sera versée le 30 août 2024, aux actionnaires inscrits au 12 août 2024. Les sources de distribution sont : 82% provenant des revenus nets d'investissement et 18% provenant du remboursement de capital. Jusqu'à présent en cours d'année fiscale, 58% provenaient des revenus nets d'investissement et 42% du remboursement de capital. Le rendement total annuellement moyen du fonds sur 5 ans est de 5,15%, avec un taux de distribution annualisé actuel de 7,66% basé sur la NAV. Le rendement total cumulé du fonds pour l'année fiscale jusqu'au 31 juillet 2024 est de 30,27%. Les actionnaires sont avisés qu'une partie de la distribution pourrait être un remboursement de capital et de ne pas tirer de conclusions sur la performance du fonds à partir de cette distribution.
Der John Hancock Premium Dividend Fund (NYSE: PDT) hat seine monatliche Ausschüttung von $0.0825 pro Aktie angekündigt, die am 30. August 2024 an Aktionäre ausgezahlt wird, die bis zum 12. August 2024 registriert sind. Die Quellen der Ausschüttung sind: 82% aus Nettokapitalerträgen und 18% aus Rückgabe von Kapital. Im laufenden Geschäftsjahr stammen 58% der Erträge aus Nettokapitalerträgen und 42% aus Rückgabe von Kapital. Die durchschnittliche jährliche Gesamtrendite des Fonds über 5 Jahre beträgt 5,15%, mit einem aktuellen annualisierten Ausschüttungssatz von 7,66% basierend auf NAV. Die kumulative Gesamtrendite des Fonds für das Geschäftsjahr bis zum 31. Juli 2024 beträgt 30,27%. Den Aktionären wird geraten, dass ein Teil der Ausschüttung eine Rückgabe von Kapital sein kann und sie aus dieser Ausschüttung keine Schlussfolgerungen über die Leistung des Fonds ziehen sollten.
- Monthly distribution of $0.0825 per share maintained
- 82% of current distribution from net investment income
- 5.15% average annual total return over 5 years
- 7.66% annualized current distribution rate
- 30.27% cumulative total return for the fiscal year through July 31, 2024
- 18% of current distribution is return of capital, potentially reducing investor's cost basis
- 42% of fiscal year-to-date distributions from return of capital, indicating potential earnings shortfall
Notification of Sources of Distribution
This notice provides shareholders of the John Hancock Premium Dividend Fund (NYSE: PDT) with important information concerning the distribution declared on August 1, 2024, and payable on August 30, 2024. No action is required on your part.
Distribution Period: | August 2024 |
Distribution Amount Per Common Share: |
The following table sets forth the estimated sources of the current distribution, payable August 30, 2024, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.
For the period 08/1/2024-08/31/2024
|
For the fiscal year-to-date period
| |||||||
Source | Current | % Breakdown | Total Cumulative | % Breakdown | ||||
Net Investment Income | 0.0680 | 82 % | 0.4787 | 58 % | ||||
Net Realized Short- Term Capital Gains | 0.0000 | 0 % | 0.0000 | 0 % | ||||
Net Realized Long- Term Capital Gains | 0.0000 | 0 % | 0.0000 | 0 % | ||||
Return of Capital or Other Capital Source | 0.0145 | 18 % | 0.3463 |
42 % | ||||
Total per common share | 0.0825 | 100 % | 0.8250 | 100 % | ||||
Average annual total return (in relation to NAV) for the 5 years ended on July 31, 2024 | 5.15 % | |||||||
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2024 | 7.66 % | |||||||
Cumulative total return (in relation to NAV) for the fiscal year through July 31, 2024 | 30.27 % | |||||||
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of July 31, 2024 | 6.39 % | |||||||
__________ | |
1 | The Fund's current fiscal year began on November 1, 2023 and will end on October 31, 2024. |
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The Fund has declared the August 2024 distribution pursuant to the Fund's managed distribution plan (the "Plan"). Under the Plan, the Fund makes fixed monthly distributions in the amount of
If you have questions or need additional information, please contact your financial professional or call the John Hancock Investment Management Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.
Statements in this press release that are not historical facts are forward-looking statements as defined by
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in
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SOURCE John Hancock Investment Management
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