John Hancock Closed-End Funds Declare Monthly Distributions

* Reuters is not responsible for the content in this press release.

Mon Nov 2, 2009 4:50pm EST 

BOSTON, Nov. 2 /PRNewswire-FirstCall/ -- Five John Hancock closed-end funds
declared their monthly distributions today as follows:

    Declaration Date:   November 2, 2009
    Ex Date:            November 10, 2009
    Record Date:        November 13, 2009
    Payment Date:       November 30, 2009

                                                     Market       Annualized
                                                  Price as of       Current
                                    Change From     October      Distribution
    Ticker  Fund Name      Amount  Previous Month   31, 2009    Rate at Market

    HPI  Preferred
          Income Fund      $0.1240      -             $15.72          9.47%
    HPF  Preferred
          Income Fund II   $0.1240      -             $15.49          9.61%
    HPS  Preferred
          Income Fund III  $0.1122      -             $13.55          9.94%
    PDT  Patriot Premium
          Dividend Fund II $0.0705      -              $9.14          9.26%
    HTD  Tax-Advantaged
          Dividend Income
          Fund             $0.0910      -             $11.35          9.62%




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 mailed 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.jhfunds.com. The
notice should not to 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.

About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial, John
Hancock Funds, manages more than $42.9 billion in open-end funds, closed-end
funds, private accounts, retirement plans and related party assets for
individual and institutional investors at June 30, 2009. 

About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading
Canadian-based financial services group serving millions of customers in 22
countries and territories worldwide. Operating as Manulife Financial in Canada
and in most of Asia, and primarily as John Hancock in the United States,
Manulife Financial Corporation offers clients a diverse range of financial
protection products and wealth management services through its extensive
network of employees, agents and distribution partners. Funds under management
by Manulife Financial and its subsidiaries were Cdn$421 billion (US$362
billion) at June 30, 2009. 

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and
under '945' on the SEHK. Manulife Financial can be found on the Internet at
www.manulife.com. 

The John Hancock unit, through its insurance companies, comprises one of the
largest life insurers in the United States. John Hancock offers a broad range
of financial products and services, including life insurance, fixed and
variable annuities, fixed products, mutual funds, 401(k) plans, long-term care
insurance, college savings, and other forms of business insurance. Additional
information about John Hancock may be found at www.johnhancock.com. 

SOURCE  John Hancock Funds

Media, Jay Aronowitz, +1-617-663-2702, Investors, +1-800-843-0090
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.