Manulife Investments announces anticipated monthly cash distribution for the Closed-End Funds

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Manulife Investments announces anticipated monthly cash distribution for the Closed-End Funds

Canada NewsWire

C$ unless otherwise stated
TSX/NYSE/PSE: MFC     SEHK: 945

TORONTO, Jan. 25, 2019 /CNW/ - Manulife Investments today announced its anticipated monthly cash distribution for 2019 for Manulife Floating Rate Senior Loan Fund (TSX: MFR.UN) will be C$0.05625 per Class A Unit (or C$0.675 per annum) or US$0.05625 per Class U Unit (or US$0.675 per annum).  The anticipated monthly cash distribution for 2019 for Manulife U.S. Regional Bank Trust (TSX: MBK.UN) will be C$0.04160 per Class A Unit (or C$0.4992 per annum) or US$0.04160 per Class U Unit (or US$0.4992 per annum).

Manulife Investments annually determines its anticipated monthly distribution targets for the following year. The distribution rates were determined based upon prevailing market conditions and the Manager's estimate of distributable cash flow for the 12 months ending December 31, 2019. 

For more information, please contact Manulife Customer Service at 1-888-333-3240.

About Manulife Investments
Manulife Investments, a division of Manulife Asset Management Limited, builds on 125 years of Manulife's wealth and investment management expertise in managing assets for Canadian investors. As one of Canada's leading integrated financial services providers, Manulife Investments and its affiliates offer a variety of products and services including exchange traded funds, segregated fund contracts, mutual funds and guaranteed interest contracts.

About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2017, we had about 35,000 employees, 73,000 agents, and thousands of distribution partners, serving more than 26 million customers. As of September 30, 2018, we had over $1.1 trillion (US$863 billion) in assets under management and administration, and in the previous 12 months we made $27.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

SOURCE Manulife Financial Corporation

View original content: http://www.newswire.ca/en/releases/archive/January2019/25/c3548.html

Copyright CNW Group 2019

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