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John Hancock Comvest Private Income Fund says it will pay dividends and shared updates on its merger with Manulife Private Credit Fund.

PayoutRead the original at SEC EDGAR
Neutral

JHCP declared a $0.1911 dividend per Class I share and issued about 6.57 million shares to former merger-fund holders. Its debt was about $0.93 per $1 of net assets, and no new portfolio results were reported, leaving its outlook unchanged.

JHCP · John Hancock Comvest Private Income Fund

AI read · Neutral

The AI's read

Class I holders can receive the payment in cash or reinvest it in more shares. The filing does not compare the payment with an earlier amount. The merger added about 6.57 million shares, and debt stood at about $0.93 for each $1 of net assets. No new portfolio results were reported, so these details do not show a clear change in the fund's outlook.

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