HEQ

John Hancock Diversified Income Fund (HEQ) operates as a closed-end management investment company that seeks to provide a high level of current income consistent with preservation of capital. The fund, managed by John Hancock Investment Management LLC, pursues its investment objective by investing in a diversified portfolio of income-producing securities across multiple asset classes, including high-yield corporate bonds, investment-grade debt securities, foreign bonds, preferred stocks, and convertible securities. HEQ employs a flexible allocation strategy that allows portfolio managers to adjust holdings based on market conditions and relative value opportunities across fixed-income sectors. The fund utilizes leverage to enhance income potential, typically through reverse repurchase agreements or borrowings. As a closed-end fund, HEQ trades on the New York Stock Exchange with a fixed number of shares, which can result in the market price trading at either a premium or discount to its net asset value. The fund makes monthly distributions to shareholders, appealing to income-focused investors. John Hancock Investment Management, a division of Manulife Investment Management, provides investment advisory services and brings extensive fixed-income expertise to the fund's management. HEQ's diversified approach across credit qualities, sectors, and geographies aims to balance income generation with risk management in various market environments.