Tender Offer - John Hancock Asset Backed Securities Fund

Form Type: N-23C3A

Filing Date: 2025-05-21

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525123648

Filing Summary: On May 21, 2025, John Hancock CQS Asset Backed Securities Fund initiated a quarterly share repurchase offer as part of its established program, allowing shareholders to tender their shares for repurchase at their net asset value (NAV). This quarterly repurchase offer, aimed at providing liquidity to shareholders given that the shares are not tradable daily on exchanges, will be open from May 21, 2025, to June 16, 2025, with shares being repurchased at the NAV determined on June 17, 2025. Shareholders intending to sell their shares must ensure that their requests are submitted by 4:00 p.m. Eastern Time on the final date for the repurchase request. The offer does not mandate a minimum number of shares to be tendered and intends to repurchase up to 10% of the outstanding shares. Should demand exceed this amount, repurchases would be conducted on a pro-rata basis. The document outlines the conditions for tendering, potential tax implications, and rights of shareholders to modify or withdraw their requests prior to the deadline.