BOSTON, July 1 /PRNewswire-FirstCall/ -- Three John Hancock closed-end preferred income funds declared their monthly distributions today as follows:
Declaration Date: July 1, 2009
Ex Date: July 9, 2009
Record Date: July 13, 2009
Payment Date: July 31, 2009
Annualized Rate
Current Change
Market Price Distribution From
as of Rate at Previous
Ticker Fund Name Amount June 30, 2009 Market Month
HPI Preferred Income Fund $0.1240 $15.03 9.90% -
HPF Preferred Income $0.1240 $14.79 10.06% -
Fund II
HPS Preferred Income $0.1122 $12.47 10.80% -
Fund III
A portion of the 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 the Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be mailed 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 Fund's website at www.jhfunds.com. The notice should not to 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.
About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds manages more than $35.8 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors at March 31, 2009.
About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation (the Company), a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide.
