Breaking News: John Hancock Fund Issues Important Notice to Shareholders Regarding Distribution Sources

Description

BOSTON, Dec. 31, 2024 / PRNewswire / – John Hancock Hedged Equity & Income Fund (NYSE: HEQ) (the “Fund”), a closed-end fund managed by John Hancock Investment Management LLC (the “Adviser”) and subadvised by Wellington Management Company LLP (the “Subadviser”), announced today sources of its quarterly distribution of $0.2500 per share paid to all shareholders of record as of December 12, 2024, pursuant to the Fund’s managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.

Blog Post Article

As the year comes to an end, John Hancock Hedged Equity & Income Fund has issued an important notice to its shareholders regarding distribution sources. The Fund, managed by John Hancock Investment Management LLC and subadvised by Wellington Management Company LLP, disclosed that its quarterly distribution of $0.2500 per share was paid to all shareholders of record as of December 12, 2024. This distribution is in accordance with the Fund’s managed distribution plan and is being reported as mandated by the U.S. Securities and Exchange Commission.

Shareholders of the John Hancock Fund can rest assured that the distribution sources have been carefully managed and disclosed transparently. This announcement reaffirms the Fund’s commitment to maintaining a high level of accountability and integrity in its operations.

For investors, understanding the sources of distribution from their investment funds is crucial in making informed decisions about their portfolios. By providing this information, John Hancock Fund puts its shareholders in a position to assess the performance and sustainability of their investments.

Overall, this disclosure by John Hancock Fund serves as a reminder of the importance of transparency and communication in the financial industry. Investors rely on accurate and timely information to make sound investment choices, and announcements like this help build trust between fund managers and shareholders.

How This Will Affect Me

As a shareholder in the John Hancock Hedged Equity & Income Fund, this announcement provides me with valuable information about the sources of the quarterly distribution. Understanding where the distribution is coming from allows me to evaluate the performance of the Fund and make informed decisions about my investment portfolio.

How This Will Affect the World

Transparency and accountability in the financial industry are essential for maintaining trust and confidence among investors worldwide. By issuing this important notice to shareholders regarding distribution sources, John Hancock Fund sets a positive example for other fund managers, promoting greater transparency in the industry as a whole.

Conclusion

In conclusion, the announcement from John Hancock Hedged Equity & Income Fund regarding distribution sources highlights the importance of clear communication and transparency in the financial sector. Shareholders benefit from knowing where their investment returns are coming from, while the broader financial community sees the value of responsible reporting practices. This development contributes to a more informed and trustworthy investment environment for all stakeholders involved.