John Hancock Premium Dividend Fund Monthly Distribution Report
Understanding the Monthly Distribution of John Hancock Premium Dividend Fund (PDT)
The John Hancock Premium Dividend Fund (PDT), managed by John Hancock Investment Management LLC, regularly updates its shareholders about the sources of its distributions. This communication serves to keep investors informed regarding their investments and the performance of the fund, particularly focusing on the distribution payments they can expect.
Details of the Monthly Distribution
The monthly distribution for the current period has been confirmed at $0.0825 per share. This amount is critical for investors as it provides an insight into the earnings generated by the fund during the reporting period. All shareholders of record will be entitled to this distribution, ensuring that the benefits are equitably shared among investors.
Notification of Distribution Sources
In the latest notice, the sources for this distribution have been outlined clearly to assist shareholders in understanding from where these funds are derived. The distribution is primarily sourced from net investment income, net realized capital gains, and, where applicable, return of capital. Each of these sources plays a crucial role in sustaining the financial health of the fund and its ability to make regular payments to its investors.
Breakdown of Distribution Sources
The following outlines the estimated sources of the monthly distribution for June 2025:
- Net Investment Income: $0.0614 (74% of total distribution)
- Net Realized Short-Term Capital Gains: $0.0146 (18% of total distribution)
- Net Realized Long-Term Capital Gains: $0.0065 (8% of total distribution)
- Return of Capital: $0.0000 (0% of total distribution)
Further Insights into Fund Performance
The continued growth of the fund's assets and the consistent distribution payouts are indicative of robust management practices and a strategic investment approach. Shareholders can trust that the fund managers are committed to optimizing returns while managing risks effectively. Additionally, the fund's average annual total return over the past five years stands at 10.17%, providing reassurance about its long-term stability and growth potential.
Contact Information for Shareholder Inquiries
For any questions or further information regarding the John Hancock Premium Dividend Fund, investors are encouraged to contact their financial advisors or reach out directly to the Manulife John Hancock Closed-End Fund Information Line at 1-800-843-0090. The support team is available to assist investors with inquiries Monday through Friday, from 8:00 a.m. to 7:00 p.m. Eastern Time.
Frequently Asked Questions
What is the current monthly distribution rate for PDT?
The current monthly distribution for the John Hancock Premium Dividend Fund (PDT) is set at $0.0825 per share.
When is the distribution payable?
The distribution is payable on June 30, 2025, to all shareholders of record.
How are the sources of the distribution determined?
The sources are calculated based on the fund's net investment income, capital gains, and other considerations such as returns of capital.
What percentage of the distribution comes from net investment income?
Currently, 74% of the distribution comes from net investment income.
How can I contact the fund for more information?
Shareholders can contact the Manulife John Hancock Closed-End Fund Information Line at 1-800-843-0090 for any inquiries related to the fund.
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