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John Hancock Closed-End Funds Declare Quarterly Distributions

/PRNewswire/ - The five John Hancock closed-end funds listed below declared their quarterly distributions today as follows: Declaration Date: June 1, 2021 Ex. ....

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John Hancock Closed-End Funds Declare Quarterly Distributions

John Hancock Hedged Equity & Income Fund
Hedged Equity & Income Fund (the Fund ) declared its quarterly distribution pursuant to the Fund s managed distribution plan (the HEQ Plan ). Under the HEQ Plan, the Fund makes quarterly distributions in a fixed amount of $0.2900 per share, which will be paid quarterly until further notice. Distributions under the HEQ Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular quarterly distributions. The Board may amend the terms of the HEQ Plan or terminate the HEQ P ....

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