John Hancock Marathon ABL Fund Seeks Shareholder Votes

TL;DR

John Hancock Marathon ABL Fund DEF 14A filed. Vote now!

AI Summary

John Hancock Marathon Asset-Based Lending Fund filed a DEF 14A proxy statement on August 18, 2025, for their fiscal year ending October 31, 2025. The filing requires shareholder input and voting on important matters, as indicated by the request to 'Please vote today' and 'We need your input'. The company is located at 200 Berkeley Street, Boston, MA.

Why It Matters

This filing is crucial for shareholders as it outlines the information needed to make informed voting decisions on matters affecting the John Hancock Marathon Asset-Based Lending Fund.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing for a proxy statement, which is standard corporate procedure and does not inherently indicate elevated risk.

Key Numbers

• 0001885778 — Central Index Key (Unique identifier for the filer)
• 811-23748 — SEC File Number (SEC registration number for the fund)

Key Players & Entities

• John Hancock Marathon Asset-Based Lending Fund (company) — Registrant
• 200 Berkeley Street, Boston, MA (location) — Business and Mail Address
• August 18, 2025 (date) — Filing Date
• October 31, 2025 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $612 — for the year ended October 31, 2024 was $612. The office of the Distributor is loc

Filing Documents

• d80241ddef14a.htm (DEF 14A) — 367KB
• g80241g00a02.jpg (GRAPHIC) — 36KB
• g80241g00a58.jpg (GRAPHIC) — 25KB
• g80241g00b02.jpg (GRAPHIC) — 25KB
• g80241g00b58.jpg (GRAPHIC) — 24KB
• g80241g00c02.jpg (GRAPHIC) — 25KB
• g80241g00c58.jpg (GRAPHIC) — 35KB
• g80241g00d02.jpg (GRAPHIC) — 23KB
• g80241g93u80.gif (GRAPHIC) — 4KB
• 0001193125-25-182752.txt ( ) — 592KB

From the Filing

DEF 14A 1 d80241ddef14a.htm JOHN HANCOCK MARATHON ASSET-BASED LENDING FUND John Hancock Marathon Asset-Based Lending Fund Table of Contents SCHEDULE 14A (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ______) Filed by the Registrant Filed by Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 JOHN HANCOCK MARATHON ASSET-BASED LENDING FUND (Name of Registrant as Specified in Its Charter) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Table of Contents Please vote today We need your input on an important proposal that affects your investment Online www.proxyvotenow.com/jhmablf Phone 877-759-2811 Mail Sign and return the enclosed voting card Table of Contents August 18, 2025 Your action is required. Please vote today. John Hancock Marathon Asset-Based Lending Fund (the Fund) Dear Shareholder: I am writing to ask for your assistance with important matters involving your investment in John Hancock Marathon Asset-Based Lending Fund (the Fund). To consider and vote on this matter, a Special Meeting of Shareholders of the Fund will be held at 200 Berkeley Street, Boston, Massachusetts 02116, on October 9, 2025 at 2:00 P.M., Eastern Time . We encourage you to read the attached materials in their entirety. The enclosed proxy statement sets forth three proposals on which you are being asked to vote, and the following is an overview of the three proposals. You will find a detailed explanation of the proposals in the enclosed proxy materials. You are being asked to approve three proposals: (1) Adoption of Fundamental Policy to Conduct Share Repurchases You are being asked to approve the adoption of a fundamental policy for the Fund to conduct periodic repurchases of its outstanding shares, in accordance with Rule 23c-3 under the Investment Company Act of 1940, as amended (the 1940 Act). (2) Approval of Amendment to Advisory Agreement You are being asked to approve an amendment to the Advisory Agreement between the Fund and John Hancock Investment Management LLC, the Funds investment advisor. (3) Approval of Amendment to Subadvisory Agreement You are being asked to approve an amendment to the Subadvisory Agreement between John Hancock Investment Management LLC and Marathon Asset Management, L.P., the Funds subadvisor. We Need Your Vote of Approval After careful consideration, the Board has unanimously approved the proposals, subject to shareholder approval, and recommends that shareholders vote FOR their approvals, but the final approvals require your vote. The enclosed proxy statement, which I strongly encourage you to read before voting, contains further explanation and important details regarding the proposals. The Fund is currently organized as a closed-end management investment company operating as a tender offer fund that intends to provide a limited degree of liquidity to shareholders of the Fund by conducting repurchase offers, generally quarterly, or take any other actions permitted by the tender offer rules under the Securities and Exchange Act of 1934, as amended. The decision to conduct repurchase offers is currently at the sole discretion of the Board. On July 9, 2025, the Board unanimously voted to convert the Fund to an interval fund, subject to shareholder approval, and to change the timing of the calculation of the net asset value (NAV) of the Fund from monthly to daily. An interval fund is a closed-end management investment company that has adopted a fundamental policy to conduct periodic repurchases of its outstanding common shares pursuant to Rule 23c-3 under the 1940 Act. The Fund believes that adopting a fundamental policy to conduct periodic repurchase offers under Rule 23c-3 will provide shareholders with greater certainty regarding the frequency of liquidity ii Table of Contents opportunities than under the tender offer fund structure. The Fund also considered the advantages that having the Fund calculate a daily NAV may have for certain investors and intermediaries. The Funds proposal to adopt a fundamental policy to conduct repurchase offers pursuant to Rule 23c-3 is contingent upon the approval of the amendment to the Advisory Agreement and approval of the amendment to the Subadvisory Agreement also being approved by shareholders. Accordingly, in the event that any one of the proposals is not approved by shareholders, the Fund will continue to operate as a tender offer fund. The Fund

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View this DEF 14A filing on SEC EDGAR