#United States #Boston #Investment Management #John Hancock #Dividend Income Fund

John Hancock Tax-Advantaged Dividend Income Fund Update

On March 31, 2025, the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD), managed by John Hancock Investment Management, officially provided an overview of its monthly distribution to shareholders. As part of the Fund's managed distribution plan, shareholders will receive a distribution of $0.1380 per share, effective for individuals recorded as of March 13, 2025.

This announcement aligns with regulatory compliance set by the U.S. Securities and Exchange Commission, ensuring transparency with investors. The report gives essential updates on the Fund's confirmed sources of distributions, helping to clarify potential contributions and future outlook, especially for those interested in understanding the financial health of their investments.

Breakdown of the Distribution

The distribution for March 2025 has a breakdown that reflects various sources. For the distribution period from March 1 to March 31, 2025, the allocation is as follows:

• - Net Investment Income: $0.1218 (88% of the total distribution)
• - Net Realized Short-Term Capital Gains: $0.0071 (5%)
• - Net Realized Long-Term Capital Gains: $0.0091 (7%)
• - Return of Capital or Other Capital Source: $0.0000 (0%)

This signifies a total of $0.1380 per common share, representing a comprehensive assessment of income performance and gain strategies for investors. The cumulative distribution up until now for the fiscal year, which began on November 1, 2024, has used similar structures, ensuring a consistent approach toward equity returns.

Financial Health Insights

According to the report, the average annual total return of the Fund over the last five years, measured against net asset value (NAV), has been 8.77%. Furthermore, the annualized current distribution rate, relative to NAV as of February 28, 2025, is recorded at 6.52%. These metrics illustrate a strong performance trajectory, showcasing the Fund's resilience and strategic planning in a competitive investment landscape.

As the fiscal year progresses, the cumulative total return relative to NAV reflects 5.15%, with the cumulative fiscal year-to-date distribution rate at 2.72%. Investors are advised to interpret these statistics cautiously, keeping in mind the role of market variables and the intrinsic risks associated with fund investments.

Investor Guidance

Investors should approach these distributions as estimates, particularly as the amounts are not finalized for tax reporting. For accurate tax implications based on this distribution, a Form 1099-DIV will be issued later, detailing how to report these figures for federal income purposes.

Importantly, the distributions under the managed plan will continue at the declared rate of $0.1380 per share, establishing a reliable income stream until any further notice is provided. Shareholders are encouraged to maintain communication with financial professionals or utilize the John Hancock Investment Management Closed-End Fund Information Line (1-800-843-0090) for inquiries and updates.

Conclusion

In summary, the John Hancock Tax-Advantaged Dividend Income Fund showcases a structured approach toward shareholder returns, offering consistent distributions backed by robust investment strategies. As this landscape evolves, stakeholders are reminded to stay connected to discern how ongoing financial decisions will impact their future allocations.

For further insights and detailed inquiries regarding this Fund or their broader investment strategies, visiting the official John Hancock website or contacting investor relations can provide additional guidance and updates.