Manulife Floating Rate Senior Loan Fund announces a share repurchase program. Under the bid, the company will repurchase up to 1,850,305 Class A Units, representing 10% of public float. Repurchases will be made through the facilities of the Toronto Stock Exchange. Purchased shares will be cancelled. The Fund will not purchase in any given 30-day period, in the aggregate, more than 370,061 Class A Units, being 2% of the issued and outstanding Class A Units. The company believes that such purchases are in the best interests of the Fund and are a desirable use of the Fund's assets. The bid will commence on June 15, 2016, and will end on the earlier of June 14, 2017. As of June 1, 2016, the company has 18,503,053 Class A Units in issue.