Two John Hancock closed-end funds announce October 2019 distributions.

Global Banking News-October 2, 2019-Two John Hancock closed-end funds announce October 2019 distributions

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John Hancock closed-end funds, Premium Dividend Fund (NYSE:PDT) and Tax-Advantaged Dividend Income Fund (NYSE:HTD), on Tuesday declared monthly distributions of USD0.0975 per share and USD0.1380 per share, respectively for October 2019.

All shareholders of record date on 11 October will receive the distribution payments on 31 October. The ex-distribution date is 10 October 2019.

Both diversified, closed-end management investment companies, PDT's investment objective is to provide high current income, consistent with modest growth of capital. HTD seeks a high level of after-tax total...

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