JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)
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.
Il John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) ha annunciato la sua distribuzione mensile di $0.1380 per azione, che sarà pagabile il 31 luglio 2024, agli azionisti registrati al 11 luglio 2024. Le fonti della distribuzione includono: 21% da reddito da investimento netto, 7% da guadagni di capitale a breve termine realizzati netti, 39% da guadagni di capitale a lungo termine realizzati netti e 33% da rimborso di capitale. Il rendimento totale medio annuale del fondo negli ultimi 5 anni è 4.39%, con un’attuale percentuale di distribuzione annualizzata del 7.51% basata sul NAV. Il rendimento totale cumulativo per l'anno fiscale fino al 30 giugno 2024 è 22.69%. Si consiglia agli azionisti che una parte della distribuzione potrebbe essere un rimborso di capitale e non trarre conclusioni sulle prestazioni del fondo da questa distribuzione.
El John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) anunció su distribución mensual de $0.1380 por acción, que se pagará el 31 de julio de 2024, a los accionistas registrados hasta el 11 de julio de 2024. Las fuentes de la distribución incluyen: 21% de ingresos netos de inversiones, 7% de ganancias netas realizadas a corto plazo, 39% de ganancias netas realizadas a largo plazo y 33% de reembolso de capital. El rendimiento total anual promedio del fondo en los últimos 5 años es 4.39%, con una tasa de distribución anualizada actual de 7.51% basada en el NAV. El rendimiento total acumulado para el año fiscal hasta el 30 de junio de 2024 es 22.69%. Se aconseja a los accionistas que una parte de la distribución puede ser un reembolso de capital y que no saquen conclusiones sobre el rendimiento del fondo a partir de esta distribución.
존 핸콕 세금 우대 배당 소득 기금 (NYSE: HTD)은 주당 $0.1380의 월 배당금을 발표하였으며, 이는 2024년 7월 31일에 2024년 7월 11일 기준 주주에게 지급됩니다. 배당금 출처는 다음과 같습니다: 21%는 순 투자소득, 7%는 순 실현 단기 자본 이익, 39%는 순 실현 장기 자본 이익, 33%는 자본 환급입니다. 이 펀드의 지난 5년 평균 연 총 수익률은 4.39%이며, 현재 NAV 기준 연화 배당률은 7.51%입니다. 2024년 6월 30일까지의 회계연도 누적 총 수익률은 22.69%입니다. 주주들은 배당금의 일부가 자본 환급일 수 있음을 알고, 이 배당금을 기준으로 펀드의 성과에 대한 결론을 내리지 말 것을 권장합니다.
Le John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) a annoncé sa distribution mensuelle de $0.1380 par action, payable le 31 juillet 2024 aux actionnaires inscrits au 11 juillet 2024. Les sources de distribution incluent : 21% de revenu net d'investissement, 7% de gains en capital à court terme réalisés, 39% de gains en capital à long terme réalisés et 33% de restitution de capital. Le rendement total annuel moyen du fonds pour les 5 dernières années est de 4.39%, avec un taux de distribution annualisé actuel de 7.51% basé sur la valeur liquidative (NAV). Le rendement total cumulé pour l'exercice fiscal jusqu'au 30 juin 2024 est de 22.69%. Les actionnaires sont avisés qu'une partie de la distribution peut être un remboursement de capital et qu'ils ne doivent pas tirer de conclusions sur la performance du fonds à partir de cette distribution.
Der John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) hat seine monatliche Ausschüttung von $0.1380 pro Aktie bekannt gegeben, die am 31. Juli 2024 an die Aktionäre gezahlt wird, die bis zum 11. Juli 2024 im Register stehen. Die Quellen der Ausschüttung umfassen: 21% aus Nettoinvestitionseinkommen, 7% aus realisierten Netto-Kurzfristgewinnen, 39% aus realisierten Netto-Langfristgewinnen und 33% aus Kapitalrückzahlung. Der durchschnittliche jährliche Gesamtertrag des Fonds in den letzten 5 Jahren beträgt 4.39% mit einer aktuellen annualisierten Ausschüttungsquote von 7.51% basierend auf dem NAV. Der kumulierte Gesamtertrag für das Geschäftsjahr bis zum 30. Juni 2024 beträgt 22.69%. Aktionären wird geraten, dass ein Teil der Ausschüttung eine Kapitalrückzahlung sein könnte und sie keine Rückschlüsse auf die Leistung des Fonds aus dieser Ausschüttung ziehen sollten.
- Monthly distribution of $0.1380 per share maintained
- Cumulative total return of 22.69% for the fiscal year through June 30, 2024
- Annualized distribution rate of 7.51% based on NAV
- 33% of the current distribution is classified as return of capital
- Average annual total return of 4.39% over 5 years is lower than the current distribution rate
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 July 1, 2024, and payable on July 31, 2024. No action is required on your part.
Distribution Period: | July 2024 |
Distribution Amount Per Common Share: |
The following table sets forth the estimated sources of the current distribution, payable July 31, 2024, 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 07/1/2024-07/31/2024 | For the fiscal year-to-date period | |||||||
Source | Current | % Breakdown | Total Cumulative | % Breakdown | ||||
Net Investment Income | 0.0287 | 21 % | 0.7131 | 58 % | ||||
Net Realized Short- | 0.0093 | 7 % | 0.1536 | 12 % | ||||
Net Realized Long- | 0.0540 | 39 % | 0.3240 | 26 % | ||||
Return of Capital or | 0.0459 | 33 % | 0.0513 |
4 % | ||||
Total per common share | 0.1380 | 100 % | 1.2420 | 100 % | ||||
Average annual total return (in relation to NAV) for the 5 years ended on June 30, 2024 | 4.39 % | |||||||
Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2024 | 7.51 % | |||||||
Cumulative total return (in relation to NAV) for the fiscal year through June 30, 2024 | 22.69 % | |||||||
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of June 30, 2024 | 5.63 % | |||||||
__________________ | |
1 | The Fund's current fiscal year began on November 1, 2023 and will end on October 31, 2024. |
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 July 2024 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 John Hancock Investment Management 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 John Hancock Investment Management
A company of Manulife Investment Management, 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 Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in
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SOURCE John Hancock Investment Management
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