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 $0.1580 per share for September 2025. The distribution breakdown shows 81% comes from net investment income, while 19% is from return of capital. For the fiscal year-to-date, the fund has distributed $1.5780 per share, with 71% from net investment income and 29% from capital gains.

The fund's performance metrics show an average annual total return of 12.02% over the past 5 years, with a current annualized distribution rate of 7.31% based on NAV. The fund operates under a managed distribution plan, maintaining fixed monthly distributions of $0.1580 per share until further notice.

Positive

• None.

Negative

• 19% of current distribution represents return of capital
• Fund estimates it has distributed more than its income and net realized capital gains

BOSTON, Sept. 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 $0.1580 per share paid to all shareholders of record as of September 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 September 2, 2025, and payable on September 30, 2025. No action is required on your part.

Distribution Period:                                                                             September 2025

Distribution Amount Per Common Share:                                            $0.1580

The following table sets forth the estimated sources of the current distribution, payable September 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 09/01/2025-09/30/2025				For the fiscal year-to-date period 11/1/2024-09/30/2025  1
Source		Current Distribution ($)		% Breakdown of the Current Distribution		Total Cumulative Distributions ($)		% Breakdown of the Total Cumulative Distributions
Net Investment Income		0.1274		81 %		1.1217		71 %
Net Realized Short-      Term Capital Gains		0.0000		0 %		0.2351		15 %
Net Realized Long-      Term Capital Gains		0.0000		0 %		0.2212		14 %
Return of Capital or      Other Capital Source		0.0306		19 %		0.0000		0 %
Total per common share		0.1580		100 %		1.5780		100 %
____________________________________
1  The Fund's current fiscal year began on November 1, 2024 and will end on October 31, 2025.
Average annual total return (in relation to NAV) for the 5 years ended on August 31, 2025								12.02 %
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2025								7.31 %
Cumulative total return (in relation to NAV) for the fiscal year through August 31, 2025								11.38 %
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of August 31, 2025								6.09 %

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 September 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 $0.1580 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 the current monthly distribution amount for John Hancock Tax-Advantaged Dividend Income Fund (HTD)?

HTD's current monthly distribution is $0.1580 per share, paid to shareholders of record as of September 12, 2025.

What is the source breakdown of HTD's September 2025 distribution?

The September 2025 distribution consists of 81% ($0.1274) from net investment income and 19% ($0.0306) from return of capital.

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

The fund's 5-year average annual total return in relation to NAV was 12.02% for the period ended August 31, 2025.

How much has HTD distributed in total for the fiscal year 2024-2025?

HTD has distributed a total of $1.5780 per share for the fiscal year-to-date, with 71% from net investment income, 15% from short-term capital gains, and 14% from long-term capital gains.

What is HTD's current annualized distribution rate?

The fund's annualized distribution rate is 7.31% of NAV as of August 31, 2025.