Four John Hancock Closed-End Funds Declare Early Monthly Distributions
BOSTON, Dec. 21, 2012
BOSTON, Dec. 21, 2012 /PRNewswire/ -- The four John Hancock closed-end funds
listed below declared their monthly distributions today as follows:
Declaration Date: December 21, 2012
Ex Date: December 27, 2012
Record Date: December 31, 2012
Payment Date: January 31, 2013
Change From Market Price Annualized
Ticker Fund Name Distribution Previous as of Current
Per Share Distribution 12/20/2012 Distribution
Rate at Market
HPI Preferred $0.1400 - $21.85 7.69%
HPF Income Fund $0.1400 - $21.65 7.76%
HPS Income Fund $0.1222 - $18.96 7.73%
PDT Dividend $0.0755 - $13.33 6.80%
The four Funds listed above have accelerated the declaration, ex-date, and
record date of the regularly scheduled January distribution in order for the
Funds to meet their 2012 distribution requirements for federal excise tax
purposes. In February 2013, each of the above Funds expects to resume its
regular monthly distribution and payment schedule.
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.jhfunds.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 Funds
The Boston-based mutual fund business unit of John Hancock Financial, John
Hancock Funds, manages more than $77.9 billion in open-end funds, closed-end
funds, private accounts, retirement plans and related party assets for
individual and institutional investors at September 30, 2012.
About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading
Canadian-based financial services group serving millions of customers in 22
countries and territories worldwide. Operating as Manulife Financial in Canada
and in most of Asia, and primarily as John Hancock in the United States,
Manulife Financial Corporation 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 Cdn$515 billion (US$523
billion) at September 30, 2012.
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
The John Hancock unit, through its insurance companies, comprises one of the
largest life insurers in the United States. John Hancock offers a broad range
of financial products and services, 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 www.johnhancock.com.
SOURCE John Hancock Funds
Contact: Media, Jay Aronowitz, +1-617-663-2702, Investor, 800-843-0090
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