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John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) is a closed-end, diversified management investment company. Managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, the Fund's primary objective is to deliver a high after-tax total return through a combination of dividend income and capital appreciation.
The Fund's portfolio is composed of an array of financial instruments, including common stocks, preferred securities, corporate bonds, and short-term investments. Its sector composition spans several key industries such as utilities, financials, energy, telecommunication services, industrials, healthcare, real estate, and consumer discretionary sectors.
John Hancock Investment Management adopts a unique multimanager approach, leveraging a global network of specialized asset managers to meet the diverse needs of investors. This strategy involves rigorous investment oversight to ensure sustained performance and adherence to high standards. The Fund is backed by the financial stewardship and experience of John Hancock Investments, a brand with a heritage dating back to 1862.
The Fund maintains a managed distribution plan, providing fixed monthly distributions to shareholders. Recent distributions amounted to $0.1380 per share, reflecting a consistent income stream for investors. Distributions are derived from various sources, including net investment income, net realized short-term and long-term capital gains, and return of capital. It's important to note that these distributions are estimates and subject to adjustments based on the Fund's investment performance and tax regulations.
John Hancock Tax-Advantaged Dividend Income Fund is part of a larger ecosystem managed by Manulife Investment Management, which boasts extensive capabilities in both public and private markets across 18 geographies. Manulife's commitment to responsible investing and financial well-being is evident through their innovative frameworks for sustainable investing and high standards of stewardship.
Investors are advised to consider the Fund's investment objectives, risks, charges, and expenses before investing. For additional information or inquiries, shareholders can reach out to their financial professional or contact John Hancock Investment Management directly.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced its monthly distribution of $0.1380 per share for November 2024. The distribution comprises 99% ($0.1368) from net investment income and 1% ($0.0012) from net realized short-term capital gains. The Fund reported an average annual total return of 6.17% for the 5-year period ending October 31, 2024, with an annualized distribution rate of 6.70% of NAV. The cumulative total return for the fiscal year through October 31, 2024, stands at 40.98%. The Fund will continue its managed distribution plan with fixed monthly distributions of $0.1380 per share until further notice.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced its monthly distribution of $0.1380 per share paid to shareholders of record as of October 11, 2024. The distribution sources include: 25% from net investment income, 5% from short-term capital gains, 6% from long-term capital gains, and 64% from return of capital. The Fund's average annual total return for 5 years ended September 30, 2024, was 6.27%, with a current distribution rate of 6.61% of NAV. The cumulative total return for the fiscal year through September 30, 2024, stands at 41.89%.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced its monthly distribution of $0.1380 per share, payable on September 30, 2024, to shareholders of record as of September 13, 2024. The distribution sources are:
- 75% ($0.1038) from net investment income
- 25% ($0.0342) from net realized short-term capital gains
For the fiscal year-to-date (11/1/2023-09/30/2024), the fund has distributed $1.5180 per share. The fund's average annual total return for the 5 years ended August 31, 2024, was 6.14%. The annualized current distribution rate is 6.89% of NAV, and the cumulative fiscal year-to-date distribution rate is 6.31% of NAV as of August 31, 2024.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced its monthly distribution of $0.1380 per share, payable on August 30, 2024, to shareholders of record as of August 12, 2024. The distribution breakdown includes 91% from net investment income and 9% from net realized short-term capital gains. For the fiscal year-to-date, distributions totaled $1.3800 per share, with 61% from net investment income, 13% from short-term gains, and 26% from long-term gains. The fund's average annual total return over 5 years was 5.60%, with a current annualized distribution rate of 7.08% based on NAV. The fund's fiscal year-to-date total return was 30.87%.
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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