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) announced its May 2025 monthly distribution of $0.1380 per share, payable on May 30, 2025, to shareholders of record as of May 12, 2025. The distribution sources include 97% ($0.1343) from net investment income, 3% ($0.0037) from net realized short-term capital gains, and no return of capital. The Fund's fiscal year-to-date distributions total $0.9660 per share. The Fund reported a 5-year average annual total return of 11.95% and maintains a current annualized distribution rate of 6.72% based on NAV as of April 30, 2025. The Fund operates under a managed distribution plan, providing fixed monthly distributions that will continue at $0.1380 per share until further notice.

Positive

• Strong net investment income comprising 97% of current distribution
• Healthy 5-year average annual total return of 11.95%
• Attractive annualized distribution rate of 6.72%
• No return of capital in distributions, indicating sustainable payouts

Negative

• None.

BOSTON, May 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 May 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 May 1, 2025, and payable on May 30, 2025. No action is required on your part.

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

The following table sets forth the estimated sources of the current distribution, payable May 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 05/01/2025-05/31/2025				For the fiscal year-to-date period 11/1/2024-05/31/2025 1
Source		Current Distribution ($)		% Breakdown of the Current Distribution		Total Cumulative Distributions ($)		% Breakdown of the Total Cumulative Distributions
Net Investment Income		0.1343		97 %		0.7192		74 %
Net Realized Short- Term Capital Gains		0.0037		3 %		0.1809		19 %
Net Realized Long- Term Capital Gains		0.0000		0 %		0.0659		7 %
Return of Capital or Other Capital Source		0.0000		0 %		0.0000		0 %
Total per common share		0.1380		100 %		0.9660		100 %
Average annual total return (in relation to NAV) for the 5 years ended on April 30, 2025								11.95 %
Annualized current distribution rate expressed as a percentage of NAV as of April 30, 2025								6.72 %
Cumulative total return (in relation to NAV) for the fiscal year through April 30, 2025								3.21 %
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of April 30, 2025								3.92 %

___________
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 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 May 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

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

The May 2025 distribution consists of 97% ($0.1343) from net investment income and 3% ($0.0037) from net realized short-term capital gains

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

The Fund's 5-year average annual total return is 11.95% as of April 30, 2025

What is HTD's current annualized distribution rate?

The Fund's current annualized distribution rate is 6.72% of NAV as of April 30, 2025

How much has HTD distributed fiscal year-to-date as of May 2025?

HTD has distributed $0.9660 per share fiscal year-to-date from November 1, 2024, to May 31, 2025