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 (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.
FAQ
What is the current stock price of John Hancock Tax-Advantaged Dividend Income Fund (HTD)?
What is the market cap of John Hancock Tax-Advantaged Dividend Income Fund (HTD)?
What is the primary objective of the John Hancock Tax-Advantaged Dividend Income Fund?
What is the composition of the Fund's portfolio?
Who manages the John Hancock Tax-Advantaged Dividend Income Fund?
What is the Fund's managed distribution plan?
What are the sources of the Fund's distributions?
How are the distributions estimated?
What sectors does the Fund invest in?
How can shareholders get more information about the Fund?
What is the unique approach of John Hancock Investment Management?