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Stock impact report

JOHN HANCOCK DIVERSIFIED INCOME FUND ANNOUNCES LEVERAGE FINANCING AND PORTFOLIO MANAGEMENT UPDATE

John Hancock Diversified Income Fund Common Shares of Beneficial Interest (HEQ) 
Company Research Source: PR Newswire
BOSTON, March 31, 2026 /PRNewswire/ - John Hancock Diversified Income Fund (NYSE: HEQ) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC (the "Adviser") and sub-advised by Wellington Management Company LLP (the "Sub-adviser"), announced today that it has successfully entered into a liquidity agreement (LA) with State Street Bank and Trust Company that allows it to borrow or otherwise access up to $48.0 million (maximum facility amount) through a line of credit, securities lending and reverse repurchase agreements. The addition of leverage is intended to provide the Fund with increased flexibility as it seeks to deliver diversified sources of income across a broad range of asset classes. The Fund intends to use leverage selectively to help enhance income potential and seek to expand the Fund's ability to identify and pursue compelling opportunities.  Additional information regarding the LA, as well as the Fund's use of borrowings, is disclosed in the Fun Show less Read more
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