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First Trust group discloses 10.17% holding in John Hancock Diversified Income Fund (NYSE: HEQ)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

John Hancock Diversified Income Fund ownership disclosure: First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation report beneficial ownership of 1,230,465 shares of Common stock, equal to 10.17% of the class as of 03/31/2026. The filing is a joint Schedule 13G/A (Amendment No. 15) clarifying that shared dispositive power is claimed for these shares and that voting power is held by trustees of unit investment trusts rather than the reporting persons.

The filing states the holdings are held on behalf of unit investment trusts and other accounts, that no single unit investment trust holds more than 3%, and that each reporting person disclaims beneficial ownership of the shares identified.

Positive

  • None.

Negative

  • None.

Insights

Large passive position disclosed; control signals are limited.

The filing reports a 10.17% beneficial position (1,230,465 shares) held collectively by First Trust entities as of 03/31/2026. The record emphasizes shared dispositive power and notes trustees vote shares of unit investment trusts.

Because voting authority resides with trustees and reporting persons disclaim beneficial ownership, this position appears administrative rather than active control. Subsequent filings or proxy materials would be required to show any change in voting coordination or active engagement.

Shares beneficially owned 1,230,465 shares Amount beneficially owned as reported
Percent of class 10.17% Percent of Common class as of 03/31/2026
Filing type Schedule 13G/A (Amendment No. 15) Ownership disclosure amendment
Shared dispositive power 1,230,465 shares Shared dispositive power recorded in Row (8)
Unit trust cap note 3% No single unit investment trust holds more than 3% of an issuer
beneficially owned regulatory
"Amount beneficially owned: 1,230,465"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive power regulatory
"Shared Dispositive Power 1,230,465.00"
Rule 13d-1(k)(1) regulatory
"jointly filed by The Charger Corporation... pursuant to Rule 13d-1(k)(1)"
unit investment trusts financial
"unit investment trusts which hold shares of the issuer"
A unit investment trust (UIT) is a pooled investment that sells investors fixed “units” representing a pre-selected, unchanging bundle of stocks, bonds or other securities held for a set period. Think of it like buying a pre-packed grocery basket that won’t be rearranged — you know exactly what you own and roughly when it will end. UITs matter to investors because they offer predictable holdings and income patterns, lower active management, and clear tax and fee implications compared with regularly traded funds.





47804L102

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



First Trust Portfolios L.P.
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer
Date:04/14/2026
First Trust Advisors L.P.
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer
Date:04/14/2026
The Charger Corporation
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer and Treasurer
Date:04/14/2026
Exhibit Information

Please see Exhibit 99.1 for Joint Filing Agreement

FAQ

What stake does First Trust report in HEQ (John Hancock Diversified Income Fund)?

The filing reports 1,230,465 shares, equal to 10.17% of the Common class as of 03/31/2026. This amount is reported as shared dispositive power among the reporting entities.

Who are the reporting parties on the Schedule 13G/A for HEQ?

The Schedule 13G/A is jointly filed by First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation, with signatures by James M. Dykas as CFO and Treasurer.

Do First Trust entities claim voting power over the HEQ shares?

No. The filing states the reporting persons do not have voting power for the shares held by unit investment trusts; trustees vote those shares to align with other shareholders.

Are the reported HEQ shares held for other accounts or funds?

Yes. The filing explains shares are held by unit investment trusts, other registered investment companies, pooled vehicles, and separately managed accounts for which First Trust acts as sponsor or advisor.

Does any single unit investment trust hold more than 3% of HEQ?

The filing states that no individual unit investment trust sponsored by First Trust Portfolios L.P. holds more than 3% of any registered investment company issuer's shares.