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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.
The John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has announced a monthly distribution of $0.1380 per share, payable on April 29, 2022, to shareholders recorded as of April 11, 2022. This distribution is part of its managed distribution plan. The sources of this distribution consist of net investment income (41%), return of capital (59%), and no realized capital gains. Cumulative distributions for the fiscal year now total $0.8279 per share. It's noted that parts of this distribution may represent a return of capital, not reflecting actual investment performance.
On March 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 March 11, 2022. This distribution follows the Fund's managed distribution plan and reports estimated sources, including net investment income, capital gains, and return of capital. The Fund has declared consistent monthly payments and has a 5-year average annual total return of 7.17%. Total cumulative distributions this fiscal year-to-date amount to $0.6899.
On January 31, 2022, the John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share, payable to shareholders as of January 13, 2022. This distribution is part of the fund's managed distribution plan, which aims for consistent monthly payments. The estimated sources of this distribution include 46% from net investment income and 54% from return of capital. The Fund's annualized distribution rate is 6.45%, with a cumulative distribution rate of 1.61% for the fiscal year to date.
John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share payable on December 31, 2021, to shareholders of record as of December 13, 2021. This payment stems from the Fund's managed distribution plan. For December 2021, the distribution sources include 92% from net investment income and 8% from net realized long-term capital gains. Notably, the average annual total return over five years is 7.95%, with a current distribution rate of 6.94% as of November 30, 2021.
The John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has announced a monthly distribution of $0.1380 per share, payable on October 29, 2021. Shareholders of record as of October 12, 2021 will receive this distribution, part of a managed distribution plan. The distribution sources include 53% from net investment income, 10% from net realized long-term capital gains, and 37% as return of capital. For fiscal year-to-date, total cumulative distributions amount to $1.6557 per share, with a current distribution rate of 6.85%.
On September 30, 2021, John Hancock Tax-Advantaged Dividend Income Fund (HTD) announced a monthly distribution of $0.1380 per share, payable to shareholders of record as of September 13, 2021. This distribution is part of the Fund's managed distribution plan and is categorized into sources including net investment income (82%) and return of capital (18%). As of August 31, 2021, the annualized current distribution rate was 6.58%, with a cumulative total return of 23.49% for the fiscal year. The Fund has distributed more than its income and net realized capital gains, indicating a portion may be a return of capital.
On July 30, 2021, 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 July 12, 2021. This distribution, part of the Fund's managed distribution plan, includes contributions from net investment income (54%), long-term capital gains (6%), and return of capital (40%). The Fund has distributed more than its income and capital gains, indicating a portion may be a return of capital. Investors should consider this distribution's implications for their income and tax obligations.
On June 30, 2021, John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share for shareholders of record as of June 11, 2021. This amount comes from net investment income (94%) and is part of the Fund's managed distribution plan. The Fund has distributed more than its income and net realized capital gains, indicating a portion may be a return of capital. The estimated sources for this distribution include net investment income, with the fund reporting a current distribution rate of 6.66% relative to NAV as of May 31, 2021.
The John Hancock Tax-Advantaged Dividend Income Fund (HTD) and the John Hancock Tax-Advantaged Global Shareholder Yield Fund (HTY) announced changes to their investment policies on June 24, 2021. The Funds will eliminate the options strategy managed by Wells Capital Management, enhancing their ability to meet investment objectives. Advisory fees will also decrease: HTD's fee will drop from 0.75% to 0.74%, while HTY's will fall from 0.95% to 0.90%. These changes take effect on or before August 23, 2021.
On April 30, 2021, John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced a monthly distribution of $0.1380 per share, payable to shareholders as of April 12, 2021. This distribution follows the Fund's managed distribution plan. For the April distribution, 58% comes from net investment income, while 42% is attributed to other capital sources. The Fund's fiscal year began on November 1, 2020, with cumulative distributions reaching $0.8280 for the year. Investors should note that a portion of the distribution may be a return of capital.
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