Welcome to our dedicated page for John Hancock Tax-Advantaged Dividend Income Fund news (Ticker: HTD), a resource for investors and traders seeking the latest updates and insights on John Hancock Tax-Advantaged Dividend Income Fund stock.
John Hancock Tax-Advantaged Dividend Income Fund reports recurring closed-end fund distribution developments for HTD. News releases primarily cover monthly Section 19(a) notices under the fund's managed distribution plan, including estimated sources of distributions such as net investment income, realized capital gains and return of capital or other capital sources.
The fund is managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC. Its investment objective is high after-tax total return from dividend income and capital appreciation, with portfolio categories that include common stocks, preferred securities, corporate bonds, convertible bonds and short-term investments.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced its monthly distribution of $0.1380 per share, payable on July 31, 2024, to shareholders of record as of July 11, 2024. The distribution sources include: 21% from net investment income, 7% from net realized short-term capital gains, 39% from net realized long-term capital gains, and 33% from return of capital. The fund's average annual total return for the past 5 years is 4.39%, with a current annualized distribution rate of 7.51% based on NAV. The cumulative total return for the fiscal year through June 30, 2024, is 22.69%. Shareholders are advised that a portion of the distribution may be a return of capital and not to draw conclusions about the fund's performance from this distribution.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share for June 2024, payable on June 28, 2024, to shareholders of record as of June 13, 2024.
The distribution composition is estimated to be 65% net investment income, 0% net realized short-term capital gains, 0% net realized long-term capital gains, and 35% return of capital.
For the fiscal year-to-date, the total cumulative distribution is $1.1040 per share, with 62% from net investment income, 12% from net realized short-term capital gains, 21% from net realized long-term capital gains, and 5% from return of capital.
The average annual total return for the 5 years ended May 31, 2024, is 5.65%, with an annualized distribution rate of 7.25% and a cumulative total return of 26.23% for the fiscal year through May 31, 2024.
On May 31, 2024, John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced the sources of its monthly distribution of $0.1380 per share for May 2024. The record date for shareholders was May 13, 2024. The distribution breakdown includes 95% net investment income, 5% net realized short-term capital gains, and 0% return of capital. For the fiscal year-to-date period from November 1, 2023, to May 31, 2024, distributions per share totaled $0.9660, with 64% from net investment income, 16% from net realized short-term capital gains, and 20% from net realized long-term capital gains. The Fund has a 5-year average annual return on NAV of 4.16%, and an annualized current distribution rate of 7.63% as of April 30, 2024. The Fund operates under a managed distribution plan.
John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced sources of its monthly distribution of $0.1380 per share for April 2024 to shareholders. The distribution includes net investment income, short-term and long-term capital gains. The Fund's managed distribution plan continues with fixed monthly distributions.
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