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John Hancock Tax-Advantaged Dividend Income Fund - HTD STOCK NEWS

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John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) is a closed-end, diversified management investment company. Managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, the Fund's primary objective is to deliver a high after-tax total return through a combination of dividend income and capital appreciation.

The Fund's portfolio is composed of an array of financial instruments, including common stocks, preferred securities, corporate bonds, and short-term investments. Its sector composition spans several key industries such as utilities, financials, energy, telecommunication services, industrials, healthcare, real estate, and consumer discretionary sectors.

John Hancock Investment Management adopts a unique multimanager approach, leveraging a global network of specialized asset managers to meet the diverse needs of investors. This strategy involves rigorous investment oversight to ensure sustained performance and adherence to high standards. The Fund is backed by the financial stewardship and experience of John Hancock Investments, a brand with a heritage dating back to 1862.

The Fund maintains a managed distribution plan, providing fixed monthly distributions to shareholders. Recent distributions amounted to $0.1380 per share, reflecting a consistent income stream for investors. Distributions are derived from various sources, including net investment income, net realized short-term and long-term capital gains, and return of capital. It's important to note that these distributions are estimates and subject to adjustments based on the Fund's investment performance and tax regulations.

John Hancock Tax-Advantaged Dividend Income Fund is part of a larger ecosystem managed by Manulife Investment Management, which boasts extensive capabilities in both public and private markets across 18 geographies. Manulife's commitment to responsible investing and financial well-being is evident through their innovative frameworks for sustainable investing and high standards of stewardship.

Investors are advised to consider the Fund's investment objectives, risks, charges, and expenses before investing. For additional information or inquiries, shareholders can reach out to their financial professional or contact John Hancock Investment Management directly.

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John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share for June 2024, payable on June 28, 2024, to shareholders of record as of June 13, 2024.

The distribution composition is estimated to be 65% net investment income, 0% net realized short-term capital gains, 0% net realized long-term capital gains, and 35% return of capital.

For the fiscal year-to-date, the total cumulative distribution is $1.1040 per share, with 62% from net investment income, 12% from net realized short-term capital gains, 21% from net realized long-term capital gains, and 5% from return of capital.

The average annual total return for the 5 years ended May 31, 2024, is 5.65%, with an annualized distribution rate of 7.25% and a cumulative total return of 26.23% for the fiscal year through May 31, 2024.

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On May 31, 2024, John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced the sources of its monthly distribution of $0.1380 per share for May 2024. The record date for shareholders was May 13, 2024. The distribution breakdown includes 95% net investment income, 5% net realized short-term capital gains, and 0% return of capital. For the fiscal year-to-date period from November 1, 2023, to May 31, 2024, distributions per share totaled $0.9660, with 64% from net investment income, 16% from net realized short-term capital gains, and 20% from net realized long-term capital gains. The Fund has a 5-year average annual return on NAV of 4.16%, and an annualized current distribution rate of 7.63% as of April 30, 2024. The Fund operates under a managed distribution plan.

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John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced sources of its monthly distribution of $0.1380 per share for April 2024 to shareholders. The distribution includes net investment income, short-term and long-term capital gains. The Fund's managed distribution plan continues with fixed monthly distributions.

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John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share for March 2024. The distribution breakdown includes 67% from net investment income, 14% from net realized short-term capital gains, and 19% from net realized long-term capital gains. The fund's average annual total return for the past 5 years was 3.76%.
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John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share for February 2024. The distribution sources include 97% from net investment income, 3% from net realized short-term capital gains, and 0% from net realized long-term capital gains or return of capital. The fund's average annual total return for the past 5 years was 4.15%, with an annualized current distribution rate of 7.98% of NAV as of January 31, 2024.
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John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share to shareholders of record as of January 12, 2024. The sources of the distribution include net investment income, net realized short and long-term capital gains, and return of capital. The average annual total return for the 5 years ended on December 31, 2023, was 6.35%, with a current annualized distribution rate of 7.79% of NAV. The cumulative total return for the fiscal year through December 31, 2023, was 13.41%, with a fiscal year-to-date distribution rate of 1.95% of NAV.
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John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share to all shareholders of record as of December 11, 2023, pursuant to the Fund's managed distribution plan. The sources of the distribution include net investment income, net realized short-term capital gains, net realized long-term capital gains, and return of capital or other capital source. The average annual total return for the 5 years ended on November 30, 2023, was 4.41%, and the annualized current distribution rate expressed as a percentage of NAV as of November 30, 2023, was 8.02%.
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John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share to all shareholders of record as of November 13, 2023. The distribution sources include net investment income and short-term capital gains. The average annual total return for the 5 years ended on October 31, 2023, was 2.86%. However, the cumulative total return for the fiscal year through October 31, 2023, was -9.16%.
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John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share for October 2023. The distribution consists of 14% net investment income, 5% net realized short-term capital gains, 81% net realized long-term capital gains, and 0% return of capital or other capital source. The fund has an average annual total return of 2.96% for the past 5 years.
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John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announces monthly distribution of $0.1380 per share paid to all shareholders of record as of September 11, 2023.
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FAQ

What is the primary objective of the John Hancock Tax-Advantaged Dividend Income Fund?

The primary objective is to deliver a high after-tax total return through dividend income and capital appreciation.

What is the composition of the Fund's portfolio?

The portfolio includes common stocks, preferred securities, corporate bonds, and short-term investments across various sectors such as utilities, financials, energy, and more.

Who manages the John Hancock Tax-Advantaged Dividend Income Fund?

The Fund is managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC.

What is the Fund's managed distribution plan?

The managed distribution plan involves providing fixed monthly distributions to shareholders, currently set at $0.1380 per share.

What are the sources of the Fund's distributions?

Distributions are sourced from net investment income, net realized short-term and long-term capital gains, and return of capital.

How are the distributions estimated?

The distributions are estimates and subject to adjustments based on investment performance and tax regulations. They are not provided for tax reporting purposes.

What sectors does the Fund invest in?

The Fund invests in a variety of sectors, including utilities, financials, energy, telecommunication services, industrials, healthcare, real estate, and consumer discretionary.

How can shareholders get more information about the Fund?

Shareholders can contact their financial professional or call John Hancock Investment Management's Closed-End Fund Information Line at 1-800-843-0090.

What is the unique approach of John Hancock Investment Management?

John Hancock Investment Management adopts a multimanager approach, leveraging a global network of specialized asset managers and applying rigorous investment oversight.

Who is Manulife Investment Management?

Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation, offering extensive capabilities across public and private markets.

John Hancock Tax-Advantaged Dividend Income Fund

NYSE:HTD

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