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 November 28, 2025 to shareholders of record November 13, 2025, under its managed distribution plan.

The fund estimates the November distribution is funded 75% by net investment income, 10% by net realized short-term gains, 15% by net realized long-term gains, and 0% by return of capital. The annualized distribution rate was 7.30% of NAV as of October 31, 2025.

Positive

• Monthly distribution of $0.1580 per share
• 75% of November distribution from net investment income
• Annualized distribution rate 7.30% of NAV as of Oct 31, 2025

Negative

• None.

News Market Reaction

+0.56%

1 alert

+0.56% News Effect

On the day this news was published, HTD gained 0.56%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Monthly distribution: $0.1580 per share Net investment income share: $0.1183 (75%) Short-term gains share: $0.0159 (10%) +5 more

8 metrics

Monthly distribution $0.1580 per share November 2025 distribution under managed plan

Net investment income share $0.1183 (75%) Portion of November 2025 distribution

Short-term gains share $0.0159 (10%) Portion of November 2025 distribution

Long-term gains share $0.0238 (15%) Portion of November 2025 distribution

Return of capital $0.0000 (0%) Portion of November 2025 distribution

5-year avg total return 11.79% Average annual total return to Oct 31, 2025 (NAV basis)

Annualized distribution rate 7.30% of NAV As of Oct 31, 2025

Cumulative total return 12.98% Fiscal year through Oct 31, 2025 (NAV basis)

Market Reality Check

Price: $24.65 Vol: Volume 70,081 is essentia...

normal vol

$24.65 Last Close

Volume Volume 70,081 is essentially in line with the 20-day average of 70,230. normal

Technical Price at $23.98, trading slightly above the 200-day MA at $23.76.

Peers on Argus

Peers show mixed moves: AIO -0.39%, AWF -0.09%, BMEZ +0.07%, NRK -0.10%, WDI +0....

Peers show mixed moves: AIO -0.39%, AWF -0.09%, BMEZ +0.07%, NRK -0.10%, WDI +0.35%, suggesting this dividend notice is stock-specific.

Historical Context

5 past events · Latest: Nov 28 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 28	Dividend notice	Neutral	+0.6%	Details November 2025 distribution sources under managed plan.
Oct 31	Dividend notice	Neutral	-0.4%	October 2025 distribution with mix of income and return of capital.
Sep 30	Dividend notice	Neutral	-0.2%	September 2025 distribution, mostly net investment income.
Aug 29	Dividend notice	Neutral	-0.2%	August 2025 distribution, income plus return of capital.
Jul 31	Dividend notice	Neutral	-0.0%	July 2025 distribution with income, gains, and return of capital.

Pattern Detected

Dividend source notices have typically led to small, mixed price reactions, suggesting markets treat these as routine updates on the managed distribution.

Recent Company History

Over recent months, HTD has repeatedly confirmed its fixed monthly distribution, most recently at $0.1580 per share, with varying mixes of net investment income, capital gains, and return of capital. Five-year average total returns have been in the low double-digits, while annualized distribution rates have stayed in the mid-7% range of NAV. Today’s notice continues this pattern, detailing November’s distribution sources and emphasizing the managed distribution plan.

Market Pulse Summary

This announcement details HTD’s November 2025 distribution of $0.1580 per share, funded 75% by net i...

Analysis

This announcement details HTD’s November 2025 distribution of $0.1580 per share, funded 75% by net investment income and 25% by realized gains, with no return of capital. It highlights a 11.79% 5-year average annual total return and a 7.30% annualized distribution rate on NAV. Investors may watch future notices for any changes in payout level or the mix between income, gains, and capital return.

Key Terms

managed distribution plan, net investment income, net realized short term capital gains, net realized long term capital gains, +4 more

8 terms

managed distribution plan financial

"pursuant to the Fund's managed distribution plan."

A managed distribution plan is a company’s program to pay regular, predictable cash amounts to shareholders by setting a fixed schedule and target payout, often funded from operating cash, reserves, or return of capital. Think of it like a household budget that guarantees a monthly allowance: it provides steady income for investors but can mask when distributions exceed sustainable earnings, which may reduce the company’s capital over time and affect long‑term value.

net investment income financial

"from the following sources: net investment income; net realized short term..."

Net investment income is the money an investor or fund actually keeps from its investments after subtracting the costs of running those investments (like management fees, interest, and losses). Think of it as your paycheck from owning assets: gross returns minus the bills needed to earn them. Investors watch it because it shows how profitable the investment activities are, influences dividend payouts and cash available for growth, and helps compare true performance across funds or companies.

net realized short term capital gains financial

"net realized short term capital gains; net realized long term capital gains;"

Net realized short term capital gains are the profits a person or fund actually pockets from selling investments held for one year or less, after subtracting any short-term losses or related offsets. Investors care because these gains are taxed like ordinary income, reducing after-tax returns and influencing decisions about when to sell assets; think of it like selling items at a garage sale and paying tax only on the total profit after accounting for any items you sold at a loss.

net realized long term capital gains financial

"net realized short term capital gains; net realized long term capital gains;"

Net realized long-term capital gains are the total profit an investor actually locks in from selling investments held longer than one year, after subtracting any losses and offsets. Think of it like the cleaned-up harvest from a season: it’s the money left over after you count both the good crops and the spoiled ones. Investors care because these gains usually get taxed at lower rates than short-term profits and can affect after-tax returns and reported fund distributions.

return of capital financial

"and return of capital or other capital source."

Return of capital is when an investor receives money from their investment that is not considered profit or earnings but rather a portion of the original amount they invested. It’s similar to getting back part of your initial savings rather than gains from it. This matters because it can affect how much money an investor still has in the investment and may have tax implications.

NAV financial

"Average annual total return (in relation to NAV) for the 5 years ended..."

Net asset value (NAV) is the total value of all the investments and assets in a fund or company, minus any debts or liabilities, divided by the number of shares or units outstanding. It represents the per-share worth, giving investors an idea of what each share is truly worth based on the underlying assets. Think of it like a company's total worth divided among its shares, helping investors assess whether a share is fairly priced.

Form 1099-DIV regulatory

"The Fund will send you a Form 1099-DIV for the calendar year..."

Form 1099-DIV is a U.S. tax document brokers, mutual funds and other financial institutions send to investors showing dividends and other distributions paid during the year. Investors use it like an annual receipt to report taxable income — including regular dividends, dividends that may qualify for lower tax rates, and capital gains distributions — so it directly affects tax liability and helps reconcile brokerage records with a tax return.

forward-looking statements regulatory

"are forward-looking statements as defined by the United States securities laws."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

BOSTON, Nov. 28, 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 November 13, 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 November 3, 2025, and payable on November 28, 2025. No action is required on your part.

Distribution Period:	November 2025
Distribution Amount Per Common Share:	$0.1580

The following table sets forth the estimated sources of the current distribution, payable November 28, 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 11/01/2025-11/30/2025				For the fiscal year-to-date period 11/01/2025-11/30/2025 1
Source		Current  Distribution ($)		% Breakdown  of the Current Distribution		Total Cumulative Distributions ($)		% Breakdown of the Total Cumulative Distributions
Net Investment Income		0.1183		75 %		0.1183		75 %
Net Realized Short- Term Capital Gains		0.0159		10 %		0.0159		10 %
Net Realized Long- Term Capital Gains		0.0238		15 %		0.0238		15 %
Return of Capital or Other Capital Source		0.0000		0 %		0.0000		0 %
Total per common share		0.1580		100 %		0.1580		100 %
Average annual total return (in relation to NAV) for the 5 years ended on October 31, 2025								11.79 %
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2025								7.30 %
Cumulative total return (in relation to NAV) for the fiscal year through October 31, 2025								12.98 %
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of October 31, 2025								0.61 %

	______________________________
	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 November 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

View original content:https://www.prnewswire.com/news-releases/john-hancock-tax-advantaged-dividend-income-fund-notice-to-shareholders--sources-of-distribution-under-section-19a-302628269.html

SOURCE John Hancock Investment Management

FAQ

What is the November 2025 distribution for John Hancock Tax-Advantaged Dividend Income Fund (HTD)?

The Fund declared a monthly distribution of $0.1580 per share, payable November 28, 2025.

How was the HTD November 2025 distribution funded?

Estimated sources: 75% net investment income, 10% short-term gains, 15% long-term gains, 0% return of capital.

When was the HTD distribution record date for the November 2025 payout?

Shareholders of record as of November 13, 2025 were eligible for the November 28, 2025 payment.

What is HTD's annualized distribution rate as of October 31, 2025?

The annualized current distribution rate was 7.30% of NAV as of October 31, 2025.

Will HTD continue to pay $0.1580 monthly under the managed distribution plan?

The Fund pays fixed monthly distributions of $0.1580 per share under its managed distribution plan until further notice.

Are the November 2025 distribution source amounts final for tax reporting for HTD?

No; the amounts are estimates and the Fund will provide tax reporting on Form 1099-DIV for the calendar year.