Welcome to our dedicated page for John Hancock Diversified Income Fund news (Ticker: HEQ), a resource for investors and traders seeking the latest updates and insights on John Hancock Diversified Income Fund stock.
John Hancock Diversified Income Fund reports news as a NYSE-listed closed-end fund focused on diversified sources of income across a broad range of asset classes. The fund is managed by John Hancock Investment Management LLC and subadvised by Wellington Management Company LLP.
Recurring updates include Section 19(a) notices describing estimated sources of distributions under the fund's managed distribution plan, including net investment income, realized gains and return of capital classifications. Company news also covers fund-level leverage financing, liquidity arrangements, borrowings, securities lending, reverse repurchase agreements and portfolio management updates.
Summary not available.
John Hancock Hedged Equity & Income Fund (NYSE: HEQ) has announced a quarterly distribution of $0.2900 per share, payable on December 31, 2020, to shareholders on record as of December 11, 2020. This distribution is part of the Fund's managed distribution plan. The sources of this distribution include 27% from net investment income and 73% from return of capital. The Fund's current distribution rate represents 9.15% of NAV as of November 30, 2020, while cumulative total return for the fiscal year is -5.98%.
Summary not available.
John Hancock Hedged Equity & Income Fund (NYSE: HEQ) announced a quarterly distribution of $0.2900 per share payable on September 30, 2020, to shareholders of record as of September 11, 2020. This payment is part of the Fund's managed distribution plan and is a requirement under an exemptive order from the U.S. Securities and Exchange Commission. The distribution's sources include 40% from net investment income and 60% from a return of capital. Investors are advised that part of their distributions may return invested capital rather than income.
On June 25, 2020, John Hancock Hedged Equity & Income Fund (NYSE: HEQ) announced a 23% decrease in its quarterly distribution, now set at $0.29 per share, down from $0.376. The adjustment results from an analysis by the investment team concerning the sustainability of distributions. The new distribution is effective until further notice and equates to an annualized rate of 9.87% based on the Fund's NAV of $11.75. Key dates include: Ex Date on September 10, Record Date on September 11, and Payment Date on September 30, 2020.