JOHN HANCOCK HEDGED EQUITY & INCOME FUND ANNOUNCES AMENDMENT TO MANAGED DISTRIBUTION PLAN AND DECLARES DECREASED QUARTERLY DISTRIBUTION

BOSTON, June 30, 2023 /PRNewswire/ – The John Hancock Hedged Equity & Income Fund (NYSE: HEQ) (the “Fund”), a closed-end fund managed by John Hancock Investment Management LLC (the “Adviser”) and subadvised by Wellington Management Company LLP (the “Subadviser”), announced today that its…