John Hancock Comvest Private Income Fund Declares July 2026 Dividends; NAV & Offering Update

What Happened

• The fund announced on July 30, 2026 that it declared a July 2026 dividend for Class I common shares of $0.1864 per share (net), payable in cash or reinvested. Shareholders of record on July 30, 2026 will receive the payment on or about August 25, 2026.
• As of June 30, 2026, the Fund reported a Class I NAV of $25.09 per share. Aggregate NAV was $477,505,453; the investment portfolio fair value was $933,434,129 and principal debt outstanding was $474,117,537, yielding a debt-to-equity ratio of approximately 0.99x.
• The Fund continues a continuous public offering of up to $2.0 billion in shares. Through the July 1, 2026 subscription date, it had issued 20,510,379 Class I shares for total consideration of $517,404,991. No Class S, D or F shares were outstanding as of that date.

Key Details

• Dividend: Class I gross/net $0.1864 per share; annualized distribution yield 8.92% (monthlyized method reported).
• Record and pay dates: Record July 30, 2026; payable on/about August 25, 2026; cash or reinvestment available.
• NAV and leverage (6/30/26): Class I NAV $25.09; aggregate NAV $477.5M; portfolio fair value $933.4M; debt $474.1M; debt-to-equity ≈ 0.99x.
• Offering status: Up to $2.0B offering; 20,510,379 Class I shares issued for $517.4M through July 1, 2026.

Why It Matters

• Income: The declared dividend gives current holders a scheduled cash distribution (or reinvestment option); the filing reports an annualized yield (8.92%) based on the Fund’s monthly distribution method.
• Financial position: NAV, portfolio value and near-1.0x debt-to-equity indicate the Fund is using significant leverage; investors should note leverage levels when assessing risk and income sustainability.
• Fund growth: The ongoing $2.0B offering and $517.4M of Class I sales to date show the Fund is actively raising capital, which could affect future share issuance and portfolio deployment.