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.
On March 31, 2023, the John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share, payable to shareholders of record as of March 13, 2023. This distribution is part of the Fund's managed distribution plan. The Fund's current distribution is estimated to be sourced from 65% net investment income and 35% return of capital. As of February 28, 2023, the annualized current distribution rate is 7.29% of NAV. Shareholders should note that the Fund has distributed more than its income and capital gains, indicating that some distributions may be a return of capital.
The John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share, payable on February 28, 2023 to shareholders of record by February 13, 2023. This distribution is part of the Fund's managed distribution plan. For the distribution period of February 2023, the sources include 92% from net investment income, with no contributions from capital gains. The Fund’s current fiscal year runs from November 1, 2022 to October 31, 2023. Shareholders should be aware that portions of the distribution may be considered a return of capital.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share, payable on January 31, 2023, to shareholders recorded as of January 13, 2023. This distribution is part of the Fund's managed distribution plan and is primarily sourced from return of capital (89%) and net investment income (11%). For the fiscal year-to-date, the total cumulative distribution amounts to $0.4140 per share. The Fund emphasizes that a portion of the distributions may represent a return of capital, which does not reflect the Fund's investment performance.
On December 30, 2022, the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share, payable to shareholders of record as of December 12, 2022. This distribution is part of the Fund's managed distribution plan, confirmed by the SEC. For December 2022, the distribution comprises 66% from net investment income and 34% from net realized long-term capital gains. The Fund achieved a 6.26% average annual total return over five years. Shareholders are advised that the amounts are estimates and subject to change.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has declared a monthly distribution of $0.1380 per share, payable on November 30, 2022. Shareholders on record as of November 14, 2022 will receive this payment. The distribution sources include 87% from net investment income and 3% from net realized long-term capital gains. The Fund follows a managed distribution plan and has estimated that part of the distribution may be a return of capital. Investors should review tax implications as final amounts may change based on investment experiences.
On October 31, 2022, the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share for shareholders of record as of October 13, 2022. This distribution, part of its managed distribution plan, is payable on October 31, 2022. For the distribution period, sources include net investment income (25%), net realized short-term capital gains (1%), net realized long-term capital gains (2%), and return of capital (72%). The Fund's annualized distribution rate stands at 7.58% of NAV as of September 30, 2022.
John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has announced a monthly distribution of $0.1380 per share for September 2022, payable on September 30, 2022, to shareholders on record as of September 12, 2022. This distribution forms part of the Fund's managed distribution plan and is reported as required by an SEC exemptive order. The distribution comprises 77% from net investment income, 10% from net realized short-term capital gains, and 13% from net realized long-term capital gains.
On August 31, 2022, John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share for shareholders of record as of August 11, 2022. This distribution is part of the fund's managed distribution plan, effective until further notice. The current distribution amount represents 91% from net investment income, with minimal contributions from capital gains. Investors should note that distribution sources are estimates and may vary for tax reporting.
On July 29, 2022, John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share to shareholders of record as of July 11, 2022. This distribution follows the Fund's managed distribution plan and is part of the July 2022 distribution period. The sources for this payout include 31% net investment income and 69% return of capital. Shareholders are informed that the Fund may have distributed more than its income and net realized gains, indicating that a portion of the distribution could be a return of capital.
The John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has declared a monthly distribution of $0.1380 per share, payable on June 30, 2022, to shareholders on record as of June 13, 2022. The fund's current distribution comes from various sources, including net investment incomeb> (95%), but it is estimated that it has distributed more than its income and net realized capital gains. The fund follows a managed distribution plan and reports a cumulative distribution of $1.1039 for the fiscal year to date.
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