The distributions reflect stable payouts for the company's closed-end portfolio. The Preferred Income Fund I (HPI) and Preferred Income Fund II (HPF) will each distribute $0.1235 per share, while Preferred Income Fund III (HPS) is set at $0.1100 per share. The Tax-Advantaged Dividend Income Fund (HTD) maintains its monthly rate of $0.1580 per share, adhering to its established managed distribution plan.

These payments may derive from net investment income, realized capital gains, or, if necessary, a return of capital. Because these distributions can include sources beyond standard investment income, the firm will provide shareholders with estimated component notices at the time of payment. Shareholders are advised that these preliminary notices are for information purposes and should not be used for tax filings; official characterization will be provided via Form 1099-DIV after the close of the calendar year.