JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)

Rhea-AI Summary

John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has announced its monthly distribution of $0.1380 per share for June 2025, payable to shareholders of record as of June 12, 2025. The distribution sources include 79% from net investment income, 3% from net realized short-term capital gains, and 18% from return of capital.

The Fund reported key performance metrics, including a 5-year average annual total return of 11.37% and an annualized distribution rate of 6.66% as of May 31, 2025. The Fund's cumulative total return for the fiscal year through May 31, 2025, stands at 4.84%, with a fiscal year-to-date distribution rate of 4.44% of NAV.

The Fund operates under a managed distribution plan, maintaining fixed monthly distributions of $0.1380 per share until further notice. Shareholders are advised that a portion of the distribution may represent a return of capital, as the Fund estimates it has distributed more than its income and net realized capital gains.

[ "Strong 5-year average annual total return of 11.37%", "Substantial net investment income comprising 79% of current distribution", "Maintained stable monthly distribution of $0.1380 per share", "Healthy annualized distribution rate of 6.66% based on NAV" ]

Positive

• None.

Negative

• 18% of current distribution represents return of capital
• Fund has distributed more than its income and net realized capital gains

BOSTON, June 30, 2025 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of June 12, 2025, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.   

Notification of Sources of Distribution

This notice provides shareholders of the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) with important information concerning the distribution declared on June 2, 2025, and payable on June 30, 2025. No action is required on your part.

Distribution Period:	June 2025
Distribution Amount Per Common Share:	$0.1380

The following table sets forth the estimated sources of the current distribution, payable June 30, 2025, and the cumulative distributions paid this fiscal year to date from the following sources:  net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.

		For the period 06/01/2025-06/30/2025				For the fiscal year-to-date period 11/1/2024-06/30/2025 1
Source		Current Distribution ($)		% Breakdown of the Current Distribution		Total Cumulative Distributions ($)		% Breakdown of the Total Cumulative Distributions
Net Investment Income		0.1093		79 %		0.8311		75 %
Net Realized Short- Term Capital Gains		0.0039		3 %		0.1868		17 %
Net Realized Long- Term Capital Gains		0.0000		0 %		0.0861		8 %
Return of Capital or Other Capital Source		0.0248		18 %		0.0000		0 %
Total per common share		0.1380		100 %		1.1040		100 %
Average annual total return (in relation to NAV) for the 5 years ended on May 31, 2025								11.37 %
Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2025								6.66 %
Cumulative total return (in relation to NAV) for the fiscal year through May 31, 2025								4.84 %
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of May 31, 2025								4.44 %

__________________________________ 1  The Fund's current fiscal year began on November 1, 2024 and will end on October 31, 2025.

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.  A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.  A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations.  The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The Fund has declared the June 2025 distribution pursuant to the Fund's managed distribution plan (the "Plan").  Under the Plan, the Fund makes fixed monthly distributions in the amount of $0.1380 per share, which will continue to be paid monthly until further notice.

If you have questions or need additional information, please contact your financial professional or call the Manulife John Hancock Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.

About Manulife John Hancock Investments

We serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.

About Manulife Wealth & Asset Management

As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan services to 19 million individuals, institutions, and retirement plan members worldwide. Our mission is to make decisions easier and lives better by empowering people today to invest for a better tomorrow. As a committed partner to our clients and as a responsible steward of investor capital, we offer a heritage of risk management, deep expertise across public and private markets, and comprehensive retirement plan services. We seek to provide better investment and impact outcomes and to help people confidently save and invest for a more secure financial future. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

Media Contact:	Gordon Haight
	(617) 572-0034
Investor Contact:	(800) 843-0090

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SOURCE John Hancock Investment Management

FAQ

What is HTD's current monthly distribution amount per share?

HTD's current monthly distribution is $0.1380 per share, paid to shareholders of record as of June 12, 2025.

What are the sources of HTD's June 2025 distribution?

The June 2025 distribution consists of 79% from net investment income, 3% from net realized short-term capital gains, and 18% from return of capital.

What is HTD's 5-year average annual total return as of May 2025?

The Fund's 5-year average annual total return in relation to NAV was 11.37% as of May 31, 2025.

What is HTD's current annualized distribution rate?

The Fund's annualized distribution rate is 6.66% of NAV as of May 31, 2025.

How much has HTD returned in the current fiscal year through May 2025?

HTD has achieved a cumulative total return of 4.84% in relation to NAV for the fiscal year through May 31, 2025.