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) declared a monthly distribution of $0.1580 per share, payable January 30, 2026 to shareholders of record January 12, 2026 under its managed distribution plan.

Estimated source breakdown for January: Net investment income $0.0385 (24%), Net realized long-term gains $0.0015 (1%), Net realized short-term gains $0.0003 (0%), and Return of capital $0.1177 (75%). Fiscal year-to-date cumulative distributions total $0.4740 with a 5-year annualized NAV total return of 10.19% and an annualized distribution rate of 7.45% of NAV (as of 12/31/2025).

Positive

• Fixed monthly distribution of $0.1580 provides predictable cash flow for shareholders
• Annualized distribution rate of 7.45% of NAV signals a high income yield
• Five-year average annual total return of 10.19% (in relation to NAV) through 12/31/2025

Negative

• Current distribution funded 75% by return of capital, which may reduce future capital base
• Cumulative total return for the fiscal year through 12/31/2025 was -0.69%, indicating recent NAV pressure

BOSTON, Jan. 30, 2026 /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 January 12, 2026, 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 January 2, 2026, and payable on January 30, 2026. No action is required on your part.

Distribution Period:	January 2026
Distribution Amount Per Common Share:	$0.1580

The following table sets forth the estimated sources of the current distribution, payable January 30, 2026, 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 01/01/2026-01/31/2026				For the fiscal year-to-date period 11/01/2025-01/31/2026 1
Source		Current Distribution ($)		% Breakdown of the Current Distribution		Total Cumulative Distributions ($)		% Breakdown of the Total Cumulative Distributions
Net Investment Income		0.0385		24 %		0.3348		70 %
Net Realized Short- Term Capital Gains		0.0003		0 %		0.0071		1 %
Net Realized Long- Term Capital Gains		0.0015		1 %		0.1321		28 %
Return of Capital or Other Capital Source		0.1177		75 %		0.0000		0 %
Total per common share		0.1580		100 %		0.4740		100 %
Average annual total return (in relation to NAV) for the 5 years ended on December 31, 2025								10.19 %
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2025								7.45 %
Cumulative total return (in relation to NAV) for the fiscal year through December 31, 2025								-0.69 %
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of December 31, 2025								1.86 %

_______________________ 1  The Fund's current fiscal year began on November 1, 2025 and will end on October 31, 2026.

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 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 January 2026 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 distribution did John Hancock Tax-Advantaged Dividend Income Fund (HTD) pay in January 2026?

The Fund paid a $0.1580 per share distribution on January 30, 2026. According to the company, the payment was made to shareholders of record as of January 12, 2026 under its managed distribution plan.

How was HTD's January 2026 distribution funded and what percentages apply?

Approximately 75% came from return of capital, 24% from net investment income, and the remainder from gains. According to the company, per-share amounts were $0.1177 ROC, $0.0385 net investment income, and small capital gains.

What is HTD's annualized distribution rate and what does it mean for investors?

HTD reported an annualized distribution rate of 7.45% of NAV as of December 31, 2025. According to the company, this reflects the Fund's monthly fixed payout level and indicates a high current income yield relative to NAV.

What are HTD's year-to-date cumulative distributions for the fiscal year 2025-26?

Fiscal year-to-date cumulative distributions total $0.4740 per share through January 31, 2026. According to the company, this amount breaks down to roughly 70% net investment income and 28% long-term capital gains year-to-date.

Does the Fund warn that distribution sources may differ for tax reporting on Form 1099-DIV?

Yes. The Fund cautions that the reported distribution sources are estimates and not for tax reporting purposes. According to the company, final tax characterization will be provided on the Form 1099-DIV for the calendar year.