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JOHN HANCOCK CLOSED-END FUND PREFERRED INCOME FUND DECLARES MONTHLY DISTRIBUTION

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2 years ago

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BOSTON, Dec. 2, 2024 /PRNewswire/ – The John Hancock closed-end Preferred Income Fund declared its monthly distribution today as follows:

Declaration Date:         December 2, 2024
Ex Date:                       December 12, 2024
Record Date:                December 12, 2024
Payment Date:             December 19, 2024

Ticker

Fund Name

Distribution
Per Share 

Change From
Previous Distribution

Market Price as
of 11/29/2024

Annualized Current
Distribution Rate at
Market

HPI

Preferred Income Fund

$0.1235

–

$17.65

8.40 %

A portion of a Fund’s current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. Such notice will also be posted to the Funds’ website at www.jhinvestments.com. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund’s control and could cause actual results to differ materially from those set forth in the forward-looking statements. 

An investor should consider a Fund’s investment objectives, risks, charges and expenses carefully before investing.

About John Hancock Investment Management 

A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.

About Manulife Investment Management

Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We’re committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

View original content:https://www.prnewswire.com/news-releases/john-hancock-closed-end-fund-preferred-income-fund-declares-monthly-distribution-302320097.html

SOURCE John Hancock Investment Management

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TomoIQ Launches Money Finder at Money20/20, Bringing Agentic Finance to Mainstream Consumers

Published

11 seconds ago

on

October 19, 2026

By

New AI agent brings personalized financial guidance, product discovery, and assistance resources into one conversational experience.

LAS VEGAS, Oct. 19, 2026 /PRNewswire/ — TomoIQ, the AI-native personal finance platform developed by TomoCredit, unveiled today Money Finder at Money20/20 USA. The new AI-powered experience is designed to help consumers identify ways to lower everyday expenses, explore financial products, and find resources relevant to their financial circumstances.

Money Finder brings these capabilities into one conversational experience, helping consumers navigate decisions that often require searching multiple websites, comparing complicated offers, and figuring out where to begin.

“The next generation of consumer AI won’t just answer questions. It will help people take action,” said Kristy Kim, founder and CEO of TomoCredit. “For a single mother trying to lower her bills, a gig worker looking for a credit card, or an immigrant navigating the U.S. financial system for the first time, the value of AI is practical: What can it help me do? That’s the question we’re building Money Finder to answer.”

From Financial Questions to Financial Opportunities

Money Finder is designed to help consumers:

Discover Credit Cards and Loans: Explore personalized financial product recommendations based on individual financial profiles and lender eligibility criteria.

Manage Debt and Financial Obligations: Get actionable, personalized plans to manage debt, prioritize payments, and improve financial health.

Find Potential Savings: Identify opportunities to lower recurring expenses, compare service providers, and discover more affordable alternatives.

Navigate Everyday Money Decisions: Get AI-powered guidance on everything from credit card payments to long-term financial goals through a conversational experience.

The experience responds to the demand TomoCredit has observed among its own users. In a recent survey where TomoCredit analyzed over 100,000 consumer conversations with TomoIQ, its personal finance AI agent, 83% of consumers used AI-powered help to qualify for better credit cards, cars, or homes – as opposed to simply using AI for budgeting help.

Money Finder is designed to turn that interest into a more practical starting point: helping users understand their options and identify potential next steps based on their circumstances.

AI Built Around the Consumer

Money Finder builds on TomoIQ’s broader vision of making personalized financial guidance more accessible, including for people whose needs and circumstances are not fully captured by traditional credit scores.

TomoIQ Money Finder is available for current TomoIQ customers now. To learn more please visit: https://tomocredit.com/boost/ai 

About TomoIQ

TomoIQ is an AI-native personal finance platform designed to help everyday Americans navigate credit, debt, bills, and financial decisions. Developed by San Francisco-based fintech company TomoCredit, TomoIQ combines conversational AI with financial insights and product recommendations to make personalized financial guidance more accessible. Learn more at tomoiq.com.

Media Contact

press@tomocredit.com

(941) 993-7222 TomoCredit

View original content to download multimedia:https://www.prnewswire.com/news-releases/tomoiq-launches-money-finder-at-money2020-bringing-agentic-finance-to-mainstream-consumers-302912604.html

SOURCE TomoCredit

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TomoIQ Launches Money Finder at Money20/20, Bringing Agentic Finance to Mainstream Consumers

Published

11 seconds ago

on

October 19, 2026

By

New AI agent brings personalized financial guidance, product discovery, and assistance resources into one conversational experience.

LAS VEGAS, Oct. 19, 2026 /PRNewswire/ — TomoIQ, the AI-native personal finance platform developed by TomoCredit, unveiled today Money Finder at Money20/20 USA. The new AI-powered experience is designed to help consumers identify ways to lower everyday expenses, explore financial products, and find resources relevant to their financial circumstances.

Money Finder brings these capabilities into one conversational experience, helping consumers navigate decisions that often require searching multiple websites, comparing complicated offers, and figuring out where to begin.

“The next generation of consumer AI won’t just answer questions. It will help people take action,” said Kristy Kim, founder and CEO of TomoCredit. “For a single mother trying to lower her bills, a gig worker looking for a credit card, or an immigrant navigating the U.S. financial system for the first time, the value of AI is practical: What can it help me do? That’s the question we’re building Money Finder to answer.”

From Financial Questions to Financial Opportunities

Money Finder is designed to help consumers:

Discover Credit Cards and Loans: Explore personalized financial product recommendations based on individual financial profiles and lender eligibility criteria.

Manage Debt and Financial Obligations: Get actionable, personalized plans to manage debt, prioritize payments, and improve financial health.

Find Potential Savings: Identify opportunities to lower recurring expenses, compare service providers, and discover more affordable alternatives.

Navigate Everyday Money Decisions: Get AI-powered guidance on everything from credit card payments to long-term financial goals through a conversational experience.

The experience responds to the demand TomoCredit has observed among its own users. In a recent survey where TomoCredit analyzed over 100,000 consumer conversations with TomoIQ, its personal finance AI agent, 83% of consumers used AI-powered help to qualify for better credit cards, cars, or homes – as opposed to simply using AI for budgeting help.

Money Finder is designed to turn that interest into a more practical starting point: helping users understand their options and identify potential next steps based on their circumstances.

AI Built Around the Consumer

Money Finder builds on TomoIQ’s broader vision of making personalized financial guidance more accessible, including for people whose needs and circumstances are not fully captured by traditional credit scores.

TomoIQ Money Finder is available for current TomoIQ customers now. To learn more please visit: https://tomocredit.com/boost/ai 

About TomoIQ

TomoIQ is an AI-native personal finance platform designed to help everyday Americans navigate credit, debt, bills, and financial decisions. Developed by San Francisco-based fintech company TomoCredit, TomoIQ combines conversational AI with financial insights and product recommendations to make personalized financial guidance more accessible. Learn more at tomoiq.com.

Media Contact

press@tomocredit.com

(941) 993-7222 TomoCredit

View original content to download multimedia:https://www.prnewswire.com/news-releases/tomoiq-launches-money-finder-at-money2020-bringing-agentic-finance-to-mainstream-consumers-302912604.html

SOURCE TomoCredit

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TomoIQ Launches Money Finder at Money20/20, Bringing Agentic Finance to Mainstream Consumers

Published

11 seconds ago

on

October 19, 2026

By

New AI agent brings personalized financial guidance, product discovery, and assistance resources into one conversational experience.

LAS VEGAS, Oct. 19, 2026 /PRNewswire/ — TomoIQ, the AI-native personal finance platform developed by TomoCredit, unveiled today Money Finder at Money20/20 USA. The new AI-powered experience is designed to help consumers identify ways to lower everyday expenses, explore financial products, and find resources relevant to their financial circumstances.

Money Finder brings these capabilities into one conversational experience, helping consumers navigate decisions that often require searching multiple websites, comparing complicated offers, and figuring out where to begin.

“The next generation of consumer AI won’t just answer questions. It will help people take action,” said Kristy Kim, founder and CEO of TomoCredit. “For a single mother trying to lower her bills, a gig worker looking for a credit card, or an immigrant navigating the U.S. financial system for the first time, the value of AI is practical: What can it help me do? That’s the question we’re building Money Finder to answer.”

From Financial Questions to Financial Opportunities

Money Finder is designed to help consumers:

Discover Credit Cards and Loans: Explore personalized financial product recommendations based on individual financial profiles and lender eligibility criteria.

Manage Debt and Financial Obligations: Get actionable, personalized plans to manage debt, prioritize payments, and improve financial health.

Find Potential Savings: Identify opportunities to lower recurring expenses, compare service providers, and discover more affordable alternatives.

Navigate Everyday Money Decisions: Get AI-powered guidance on everything from credit card payments to long-term financial goals through a conversational experience.

The experience responds to the demand TomoCredit has observed among its own users. In a recent survey where TomoCredit analyzed over 100,000 consumer conversations with TomoIQ, its personal finance AI agent, 83% of consumers used AI-powered help to qualify for better credit cards, cars, or homes – as opposed to simply using AI for budgeting help.

Money Finder is designed to turn that interest into a more practical starting point: helping users understand their options and identify potential next steps based on their circumstances.

AI Built Around the Consumer

Money Finder builds on TomoIQ’s broader vision of making personalized financial guidance more accessible, including for people whose needs and circumstances are not fully captured by traditional credit scores.

TomoIQ Money Finder is available for current TomoIQ customers now. To learn more please visit: https://tomocredit.com/boost/ai 

About TomoIQ

TomoIQ is an AI-native personal finance platform designed to help everyday Americans navigate credit, debt, bills, and financial decisions. Developed by San Francisco-based fintech company TomoCredit, TomoIQ combines conversational AI with financial insights and product recommendations to make personalized financial guidance more accessible. Learn more at tomoiq.com.

Media Contact

press@tomocredit.com

(941) 993-7222 TomoCredit

View original content to download multimedia:https://www.prnewswire.com/news-releases/tomoiq-launches-money-finder-at-money2020-bringing-agentic-finance-to-mainstream-consumers-302912604.html

SOURCE TomoCredit

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