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 its October 2025 monthly distribution of $0.1580 per share, payable October 31, 2025 to shareholders of record October 14, 2025, under its managed distribution plan.
The Fund estimates the current distribution is sourced 46% from net investment income ($0.0732) and 54% from return of capital ($0.0848). Fiscal year-to-date through 10/31/2025 cumulative distributions total $1.7360 per share (68% net investment income, 13% short-term gains, 19% long-term gains).
Key NAV metrics as of 9/30/2025: annualized current distribution rate 7.17%, 5-year average total return 12.88%, and cumulative total return YTD 14.25%. The Fund cautions the distribution sources are estimates and a portion may be a return of capital; tax reporting will follow on Form 1099-DIV.
Positive
- Monthly distribution maintained at $0.1580 per share
- Fiscal year-to-date cumulative distributions of $1.7360 per share
- Annualized current distribution rate of 7.17% (as of 9/30/2025)
- 5-year average total return of 12.88% (ended 9/30/2025)
Negative
- Current distribution is 54% return of capital ($0.0848 per share)
- Fund estimates it has distributed more than its income and realized gains
- Return of capital portion may reduce cost basis and is not equivalent to yield
News Market Reaction
On the day this news was published, HTD declined 0.44%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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 October 1, 2025, and payable on October 31, 2025. No action is required on your part.
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Distribution Period: |
October 2025 |
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Distribution Amount Per Common Share: |
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The following table sets forth the estimated sources of the current distribution, payable October 31, 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.
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For the period 10/01/2025-10/31/2025
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For the fiscal year-to-date period
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Source |
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Current |
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% Breakdown |
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Total Cumulative |
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% Breakdown |
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Net Investment Income |
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0.0732 |
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46 % |
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1.1876 |
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68 % |
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Net Realized Short- Term Capital Gains |
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0.0000 |
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0 % |
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0.2267 |
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13 % |
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Net Realized Long- Term Capital Gains |
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0.0000 |
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0 % |
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0.3217 |
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19 % |
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Return of Capital or Other Capital Source |
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0.0848 |
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54 % |
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0.0000 |
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0 % |
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Total per common share |
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0.1580 |
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100 % |
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1.7360 |
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100 % |
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1 The Fund's current fiscal year began on November 1, 2024 and will end on October 31, 2025. |
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Average annual total return (in relation to NAV) for the 5 years ended on September 30, 2025 |
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12.88 % |
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Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 |
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7.17 % |
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Cumulative total return (in relation to NAV) for the fiscal year through September 30, 2025 |
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14.25 % |
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Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of September 30, 2025 |
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6.57 % |
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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 October 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
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
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.
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Media Contact: |
Gordon Haight |
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(617) 572-0034 |
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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-302601458.html
SOURCE John Hancock Investment Management
FAQ
What is the October 2025 dividend for John Hancock Tax-Advantaged Dividend Income Fund (HTD)?
How much of HTD's October 2025 distribution is return of capital?
What are HTD's fiscal year-to-date cumulative distributions per share through 10/31/2025?
What is HTD's annualized distribution rate and recent returns as of 9/30/2025?
Will HTD provide tax reporting for the October 2025 distribution?
