JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

• All seven funds showed year-over-year growth in net investment income, with increases ranging from approximately 3% to 8% compared to the same quarter in 2025
• Total managed assets across the funds grew substantially, with HTD's assets reaching $1.41 billion (up from $1.29 billion) and PDT's assets increasing to $1.11 billion (from $1.03 billion)
• Per-share net investment income remained relatively stable or increased modestly across funds, with HTD showing the highest at $0.311 per share (up from $0.292)

Summary: John Hancock Closed-End Funds Q1 2026 Earnings

Key Highlights:

John Hancock released quarterly earnings for seven closed-end funds for the three months ended April 30, 2026, showing year-over-year growth across most metrics.

Performance Overview:

All seven funds reported increased net investment income compared to the prior year period:

• Tax-Advantaged Dividend Income Fund (HTD) led performance with $11.0 million in net investment income (up from $10.3 million) and total managed assets of $1.41 billion
• Premium Dividend Fund (PDT) generated $8.19 million (up from $7.93 million) with $1.11 billion in managed assets
• Preferred Income Fund III (HPS) posted $8.16 million (up from $7.97 million) with $726 million in assets

Per-Share Metrics:

Most funds showed modest increases in per-common-share earnings and net asset values. For example:

• HTD: $0.311 per share (up from $0.292), NAV of $27.60 (up from $24.63)
• JHI Investors Trust: $0.306 per share (up from $0.284), NAV of $14.61 (up from $14.32)

Market Implications:

The consistent year-over-year growth in net investment income and rising NAVs suggest stable fund performance in the current market environment. The funds focus on income-generating strategies through preferred securities, dividend-paying stocks, and tax-advantaged investments.

Important Notes:

Total managed assets include leveraged borrowings. Past earnings don't guarantee future results, and actual distributions may vary from reported earnings. John Hancock operates as part of Manulife Investment Management's global wealth management segment.