#United States #Boston #John Hancock Fund #shareholder notice #Tax-Advantaged Dividend

John Hancock Tax-Advantaged Dividend Income Fund July 2026 Notice

In a recent announcement, the John Hancock Tax-Advantaged Dividend Income Fund (NASDAQ: HTD) has provided details regarding its distribution for July 2026. Managed by John Hancock Investment Management LLC, this closed-end fund offers valuable insights for its shareholders regarding the financial returns they can expect.

On July 31, 2026, a monthly distribution of $0.1580 per share will be payable to all shareholders on record as of July 13, 2026. This distribution is part of the Fund's managed distribution plan, which is a systematic method of delivering returns to investors.

Sources of Distribution

The announcement details several sources contributing to the upcoming distribution. Shareholders should note that part of this payout may come from the return of capital. The breakdown for the distribution is as follows:

• - Net Investment Income: $0.0713 (45% of the current distribution)
• - Net Realized Short-Term Capital Gains: $0.0000 (0%)
• - Net Realized Long-Term Capital Gains: $0.0000 (0%)
• - Return of Capital or Other Capital Source: $0.0867 (55%)

The total distribution per share is thereby composed of 45% net investment income and 55% return of capital. It's important for investors to understand that a return of capital may reflect money that was initially invested in the Fund being returned. This does not directly correlate to the Fund’s performance in terms of income generation or growth.

Performance Overview

For context, the Fund has recorded an average annual total return of 9.56% concerning the net asset value (NAV) for the five years ending June 30, 2026. As of the same date, the annualized current distribution rate, expressed as a percentage of NAV, stands at 7.13%, demonstrating solid returns year-on-year for investors. Furthermore, the cumulative total return for the fiscal year up to June 30, 2026, is recorded at 7.61%.

While the intended distribution rate remains fixed at $0.1580 per share monthly, the financial landscapes can change, requiring adaptive strategies by fund management. Therefore, shareholders should stay informed and ensure that they read the details surrounding distributions closely to understand the implications for their investments.

Tax Considerations

The notice explicitly mentions that the amounts shared are estimates and should not be used for tax reporting purposes. Investors will receive a Form 1099-DIV, which provides precise details for federal income tax reporting at the conclusion of the calendar year. This will help shareholders accurately report their distributions to the IRS and understand their tax obligations.

In conclusion, for investors in the John Hancock Tax-Advantaged Dividend Income Fund, July 2026 marks an important period as distributions are set to continue amid a strong performance backdrop. For inquiries or further clarification, stakeholders are encouraged to contact their financial professionals or reach out to the dedicated helpline of the Manulife John Hancock Closed-End Fund. Investing involves risks, and it is crucial for individuals to consider their financial situation thoroughly before making investment decisions.

For those interested in the continued performance of the Fund, keeping abreast of announcements like this one is vital for maintaining a well-informed investment portfolio.