JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND - NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)

In This Article:

BOSTON, Sept. 30, 2024 /PRNewswire/ - John Hancock Financial Opportunities Fund (NYSE: BTO) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its quarterly distribution of $0.6500 per share paid to all shareholders of record as of September 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. 

Notification of Sources of Distribution

This notice provides shareholders of the John Hancock Financial Opportunities Fund (NYSE: BTO) with important information concerning the distribution declared on September 3, 2024, and payable on September 30, 2024. No action is required on your part.

Distribution Period:

September 2024

Distribution Amount Per Common Share:

$0.6500

The following table sets forth the estimated sources of the current distribution, payable September 30, 2024, and the cumulative distributions paid this fiscal year to date from the following sources:  net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.



For the period 7/1/2024-09/30/2024

 


 

For the fiscal year-to-date period
01/1/2024-09/30/2024 1

 

Source


Current
Distribution ($)


% Breakdown
of the Current
Distribution


Total Cumulative
Distributions ($)


% Breakdown
of the Total
Cumulative
Distributions

Net Investment Income


0.1027


16 %


0.3322


17 %

Net Realized Short- Term Capital Gains


0.0432


7 %


0.1644


8 %

Net Realized Long- Term Capital Gains


0.3061


47 %


1.0857


56 %

Return of Capital or Other Capital Source


0.1980


30 %


0.3667


 

19 %

 

Total per common share


0.6500


100 %


1.9490


100 %










 

 

Average annual total return (in relation to NAV) for the 5 years ended on August 31, 2024


9.80 %




Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2024


7.74 %




Cumulative total return (in relation to NAV) for the fiscal year through August 31, 2024


14.87 %




Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of August 31, 2024


5.80 %

___________________


1  The Fund's current fiscal year began on January 1, 2024 and will end on December 31, 2024.

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.

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