John Hancock Hedged Equity & Income Fund

BOSTON , Sept. 30, 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 September 13, 2024, pursuant to the Fund's managed distribution plan.

JOHN HANCOCK HEDGED EQUITY & INCOME FUND - REQUIRED NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)

John Hancock Financial Opportunities Fund

John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund

John Hancock Tax-Advantaged Dividend Income Fund

John Hancock Investors Trust

John Hancock Income Securities Trust

John Hancock Premium Dividend Fund

BOSTON, MA , Sept. 26, 2024 /PRNewswire/ - The nine John Hancock closed-end funds listed below announced today that each fund's Annual Meeting of Shareholders ("Annual Meeting") will be held on February 18, 2025, at 2:00 p.m.

JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE ANNUAL SHAREHOLDER MEETING AND RECORD DATES

BOSTON , Sept. 3, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their quarterly distributions today as follows: Declaration Date:   September 3, 2024 Ex Date: September 13, 2024 Record Date: September 13, 2024 Payment Date: September 30, 2024     Ticker    Fund Name    Distribution PerShare     Change FromPrevious Distribution     Market Price as of 08/30/2024     Annualized Current Distribution Rate at Market HEQ Hedged Equity & Income  $0.2500 - $10.95 9.13 % JHS Income Securities Trust $0.1132 -0.0027 $11.75 3.85 % JHI Investors Trust $0.3134 0.0910 $13.71 9.14 % BTO Financial Opportunities Fund $0.6500 - $33.45 7.77 % 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").

JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS

BOSTON, July 30, 2024 /PRNewswire/ - John Hancock Investment Management LLC (the "Adviser") today announced changes to the portfolio management team for John Hancock Hedged Equity & Income Fund (NYSE: HEQ). The Fund is advised by the Adviser and subadvised by Wellington Management Company, LLP (the "Subadviser").

JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGE FOR HEDGED EQUITY & INCOME FUND

BOSTON , June 28, 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 June 13, 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.

JOHN HANCOCK HEDGED EQUITY & INCOME FUND REQUIRED NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)

John Hancock Tax-Advantaged Global Shareholder Yield Fund

BOSTON , Dec. 14, 2023 /PRNewswire/ - John Hancock Financial Opportunities Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Income Securities Trust (NYSE: JHS), John Hancock Investors Trust (NYSE: JHI), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD), and John Hancock Tax-Advantaged Global Shareholder Yield (NYSE: HTY) (each a "Fund" and collectively, the "Funds") announced today that the Board of Trustees has renewed the Funds' share repurchase plans.  The Board of Trustees approved the renewal of the share repurchase plans as part of its ongoing evaluation of options to enhance shareholder value and potentially decrease the discount between the market price and the net asset value per share ("NAV") of the Funds' common shares.

JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE RENEWAL OF SHARE REPURCHASE PLANS

AllianceBernstein National Municipal Income Fund

BlackRock Health Sciences Trust II

Cornerstone Strategic Value Fund Inc

MFS High Yield Municipal Trust

Cornerstone Total Return Fund Inc

Herzfeld Caribbean Basin Fund Inc

MFS Investment Grade Municipal Trust

Destra Multi-Alternative Fund

DNP Select Income Fund Inc

BlackRock Enhanced Government Fund

Eaton Vance

Aberdeen Global Income Fund

First Trust Energy Infrastructure Fund

FS Credit Opportunities Corp

Sprott Focus Trust

GDL Fund

Gabelli Dividend & Income Trust

Gabelli Multimedia Trust

Guggenheim Strategic Opportunities Fund

Gabelli Utility Trust

Highland Income Fund

Highland Global Credit Allocation Fund.

Closed-End Funds: Revisiting Valuations As We End Q3 2023

John Hancock Hedged Equity & Income Fund joins the penalty box of distribution cutters, leading to a deep discount. Limited recovery in the broader market outside of mega-cap growth names keeps pressure on equity funds invested more broadly. HEQ's low beta and derivatives hedge strategy may limit downside risk, but caution should be considered as I don't believe this is a buy-and-hold type of fund.

HEQ: Joins The Penalty Box

HEQ: Weak Equity CEF Cutting Its Distribution

BOSTON , June 30, 2023 /PRNewswire/ - The 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 that its Board of Trustees voted to amend its current managed distribution plan (the "Plan"), decreasing the amount of its quarterly distribution by 14 percent. Under the Plan, the Fund will make quarterly distributions of an amount equal to $0.2500 per share, a decrease from the previous quarterly distribution of $0.2900 per share.

JOHN HANCOCK HEDGED EQUITY & INCOME FUND ANNOUNCES AMENDMENT TO MANAGED DISTRIBUTION PLAN AND DECLARES DECREASED QUARTERLY DISTRIBUTION

The John Hancock Hedged Equity & Income Fund is designed to hedge one's portfolio, investing in a diversified mix of value-oriented sectors and employing options writing and futures contracts strategies. The fund's deep discount and history of touching premium levels make it a potentially strong entry point for investors looking to diversify and hedge their portfolio against a potential market drop. However, HEQ is not recommended as a long-term buy-and-hold position but rather as a tactical trading opportunity due to its hedging strategy and limited upside potential in bull markets.

HEQ: Deep Discount On This Low Beta Fund

ANNOUNCE RESULTS OF ANNUAL MEETINGS OF SHAREHOLDERS BOSTON , Feb. 21, 2023 /PRNewswire/ - The following eight closed-end funds managed by John Hancock Investment Management LLC announced the results of their annual shareholder meetings: John Hancock Financial Opportunities Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Preferred Income Fund (NYSE: HPI), John Hancock Preferred Income Fund II (NYSE: HPF), John Hancock Preferred Income Fund III (NYSE: HPS), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) and John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY) (collectively, the "Funds"). At their annual meetings held today, shareholders of the Funds elected Noni L Ellison to serve for a 1-year term ending at the 2024 Annual Meeting of Shareholders; Dean C.

JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

BlackRock Taxable Municipal Bond Trust

Central and Eastern Europe Fund

Doubleline Opportunistic Credit Fund

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Stone Harbor Emerging Markets Total Income Fund

European Equity Fund

Eagle Point Income Company Inc

Eaton Vance Short Duration Diversified Income Fund

First Trust / Aberdeen Emerging Opportunity Fund

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Gabelli Convertible and Income Securities Fund

Gabelli Global Utility & Income Trust

BlackRock Corporate High Yield Fund

New Ireland Fund Inc

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

Madison Fund

Macquarie Global Infrastructure Total Return Fund Inc

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

Tortoise Energy Independence Fund, Inc.

Nuveen Missouri Quality Municipal Income Fund

Tortoise MLP Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Putnam Municipal Opportunities Trust

Cohen And Steers Total Return Realty Fund

RiverNorth Opportunities Fund, Inc.

Franklin Templeton Emerging Markets Income Fund

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

BOSTON, Sept. 1, 2021 /PRNewswire/ - The five John Hancock closed-end funds listed below declared their quarterly distributions today as follows: Declaration Date: September 1, 2021 Ex Date: September 10, 2021 Record Date: September 13, 2021 Payment Date: September 30, 2021   Ticker Fund Name Distribution Per Share Change From Previous Distribution Market Price as of 08/31/2021 Annualized Current Distribution Rate at Market HEQ Hedged Equity & Income $0.2900 - $13.27 8.74% JHS Income Securities Trust $0.1914 -0.0031 $16.00 4.79% JHI Investors Trust $0.3674 -0.0190 $19.00 7.73% HTY Tax-Advantaged Global Shareholder Yield Fund $0.1600 - $6.69 9.57% BTO Financial Opportunities Fund $0.5500 - $43.97 5.00% 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").

John Hancock Closed-End Funds Declare Quarterly Distributions

Clough Global Equity Fund

Clough Global Dividend and Income Fund

Voya Asia Pacific High Dividend Equity Income Fund

U.S. government securities yield less than nothing, if you consider the effects of inflation, and stocks are high. Closed-end funds may be one of the few vehicles that can produce steady income.

Starved for Income? Consider These 4 Closed-End Funds.

HEQ has a large discount and distribution yield going for it. However, issues with fund size and underwhelming performance can keep investors away.

HEQ: A 'Hedged' Portfolio, But Size And Poor Performance Limits Appeal

BOSTON, MA, Jan. 20, 2021 /PRNewswire/ - John Hancock Financial Opportunities Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Income Securities Trust (NYSE: JHS), John Hancock Investors Trust (NYSE: JHI), John Hancock Premium Dividend Fund (NYSE: PDT),...

John Hancock Closed-end Funds Announce Renewal of Share Repurchase Plans

BOSTON, Mass., Oct. 12, 2020 /PRNewswire/ - John Hancock Hedged Equity & Income Fund (NYSE: HEQ) and John Hancock Financial Opportunities Fund (NYSE: BTO) announced earnings1 for the three months ended September 30, 2020. The same data for the comparable three months ended September 30,...

John Hancock Hedged Equity & Income Fund and John Hancock Financial Opportunities Fund Release Earnings Data

BOSTON, Mass., June 25, 2020 /PRNewswire/ - John Hancock Hedged Equity & Income Fund (NYSE: HEQ) (the "Fund"), a closed-end fund managed by John Hancock Advisers, LLC (the "Adviser") and subadvised by Wellington Management Company LLP, announced today that its Board of Trustees voted to...

John Hancock Hedged Equity & Income Fund Announces Amendment to Managed Distribution Plan and Declares Decreased Quarterly Distribution

News for John Hancock Hedged Equity & Income Fund ETF (HEQ)