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The staff of the SEC's Division of Investment Management (the "Staff") issued a no-action letter in which it provided assurances that it would not recommend enforcement action under Section 17(d) of the Investment Company Act of 1940, as amended (the "1940 Act"), and Rule 17d-1 thereunder, if U.S. open-end investment companies registered under the 1940 Act (the "U.S. Funds") and certain foreign ...
John Hancock Patriot Premium Dividend Fund II announced today that the Fund will increase its monthly distribution to $0.055 per share up from $0.048 per share effective with the Fund's next distribution payment on December 31, 2008.
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