John Hancock Hedged Equity & Income Fund
Notification of Sources of Distribution
This notice provides shareholders of the John Hancock Hedged Equity & Income Fund (NYSE: HEQ) with important information concerning the distribution declared on September 2, 2014 and payable on September 30, 2014. No action is required on your part.
| | | | |
Distribution Amount Per Common Share: | | | | |
The following table sets forth the estimated sources of the current distribution, payable September 30, 2014, 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.
Source
|
|
|
| Current
Distribution ($)
|
| % Breakdown
of the Current
Distribution
|
| Total Cumulative
Distributions for
the Fiscal Year to
Date ($)1
|
| % Breakdown
of the Total
Cumulative
Distributions
for the Fiscal
Year to Date1
|
| | | | | 0.0977 | | | | 26 | % | | | 0.3743 | | | | 33 | % |
Net Realized Short-
Term Capital Gains | | | | | 0.0000 | | | | 0 | % | | | 0.0000 | | | | 0 | % |
Net Realized Long-
Term Capital Gains | | | | | 0.1132 | | | | 30 | % | | | 0.7537 | | | | 67 | % |
Return of Capital or
Other Capital Source | | | | | 0.1651 | | | | 44 | % | | | 0.0000 | | | | 0 | % |
| | | | | 0.3760 | | | | 100 | % | | | 1.128 | | | | 100 | % |
Average annual total return (in relation to NAV) for the period commencing on May 26, 2011
and ending on August 31, 2014 | | 8.82 | % |
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2014 | | 7.62 | % |
Cumulative total return (in relation to NAV) for the fiscal year through August 31, 2014 | | 5.43 | % |
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of
August 31, 2014 | | 5.71 | % |
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.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax
| 1 | | The Fund’s current fiscal year began on January 1, 2014, and will end on December 31, 2014. |
regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The Fund has declared the September 2014 distribution pursuant to the Fund’s managed distribution plan (the “Plan”). Under the Plan, the Fund makes fixed quarterly distributions in the amount of $0.3760 per share, which will continue to be paid quarterly until further notice. This fixed amount was based upon an annual distribution rate of 8.00% of the Fund’s net asset value of $18.80 on August 31, 2013 at the time the Plan was last amended.
If you have questions or need additional information, please contact your financial professional or call the John Hancock Investments Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.
John Hancock Hedged Equity & Income Fund
Notification of Sources of Distribution
This notice provides shareholders of the John Hancock Hedged Equity & Income Fund (NYSE: HEQ) with important information concerning the distribution declared on December 1, 2014 and payable on December 31, 2014. No action is required on your part.
| | | | |
Distribution Amount Per Common Share: | | | | |
The following table sets forth the estimated sources of the current distribution, payable December 31, 2014, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.
Source
|
|
|
| Current
Distribution ($)
|
| % Breakdown
of the Current
Distribution
|
| Total Cumulative
Distributions for
the Fiscal Year to
Date ($)1
|
| % Breakdown
of the Total
Cumulative
Distributions
for the Fiscal
Year to Date1
|
| | | | | 0.0742 | | | | 20 | % | | | 0.4816 | | | | 32 | % |
Net Realized Short-
Term Capital Gains | | | | | 0.0000 | | | | 0 | % | | | 0.0000 | | | | 0 | % |
Net Realized Long-
Term Capital Gains | | | | | 0.0000 | | | | 0 | % | | | 0.9151 | | | | 61 | % |
Return of Capital or
Other Capital Source | | | | | 0.3018 | | | | 80 | % | | | 0.1073 | | | | 7 | % |
| | | | | 0.3760 | | | | 100 | % | | | 1.5040 | | | | 100 | % |
Average annual total return (in relation to NAV) for the period commencing on May 26, 2011
and ending on November 30, 2014 | | 7.36 | % |
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2014 | | 7.99 | % |
Cumulative total return (in relation to NAV) for the fiscal year through November 30, 2014 | | 2.69 | % |
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of
November 30, 2014 | | 7.99 | % |
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.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax
| 1 | | The Fund’s current fiscal year began on January 1, 2014, and will end on December 31, 2014. |
regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The Fund has declared the December 2014 distribution pursuant to the Fund’s managed distribution plan (the “Plan”). Under the Plan, the Fund makes fixed quarterly distributions in the amount of $0.3760 per share, which will continue to be paid quarterly until further notice. This fixed amount was based upon an annual distribution rate of 8.00% of the Fund’s net asset value of $18.80 on August 31, 2013 at the time the Plan was last amended.
If you have questions or need additional information, please contact your financial professional or call the John Hancock Investments Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.
