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John Hancock Tax-Advantaged Dividend Income Fund Notice

On February 27, 2026, the John Hancock Tax-Advantaged Dividend Income Fund, a closed-end fund listed on the NYSE under the ticker symbol HTD, released a crucial notice for its shareholders detailing the sources of its monthly distribution payment. This distribution, set at $0.1580 per share, is payable to all shareholders recorded as of February 12, 2026. This information complies with a managed distribution plan approved by the U.S. Securities and Exchange Commission.

Key Details of the Distribution

The distribution reflects the Fund's commitment to delivering returns to its shareholders through a systematic payout strategy. The announcement outlines the sources contributing to the distribution amount, essential for understanding how these dividends are formulated. This is particularly important for investors who wish to analyze the financial health and revenue generation capabilities of the fund.

As outlined in the notice:

• - Distribution Date: February 27, 2026
• - Distribution Amount: $0.1580 per common share
• - Record Date: Shareholders need to be on record by February 12, 2026.

Breakdown of Sources

The notice provides a detailed compilation of the estimated sources that contribute to the February distribution:

• - Net Investment Income: $0.1147 (73% of total distribution)
• - Net Realized Short-Term Capital Gains: $0.0035 (2% of total)
• - Net Realized Long-Term Capital Gains: $0.0398 (25% of total)
• - Return of Capital: $0.0000 (0% of total)

These figures highlight the Fund's ability to generate income while also noting that part of the distribution could represent a return of capital, a situation that occurs when some or all of the investor’s initial investment is returned. This does not necessarily indicate underperformance but reflects a managed approach to cash flows.

Cumulative Distributions

Furthermore, the report indicated cumulative distributions for the fiscal year beginning November 1, 2025, through the end of February 2026:

• - Total Cumulative Distributions: $0.6320
• - Cumulative Breakdown:

- Net Investment Income: $0.4495 (71%)
- Net Realized Short-Term Capital Gains: $0.0121 (2%)
- Net Realized Long-Term Capital Gains: $0.1704 (27%)
- Return of Capital: $0.0000 (0%)

This distribution strategy reflects the Fund's ongoing commitment to providing reliable returns to investors while navigating challenging market conditions.

Understanding Managed Distribution Plans

It's important for shareholders to understand that although the Fund aims for a consistent distribution, the amount can vary based on investment performance and changes in market conditions. The managed distribution plan allows for fixed monthly distributions, reflecting a proactive approach to investor returns. This ensures that shareholders can expect regular income, which is crucial, especially in volatile markets.

Investors are advised to remain informed about these distributions and their implications for portfolio performance. The Fund's methodology for managing distributions means it's prudent to consult with financial professionals regarding the best strategies for their investments within the Fund.

For further inquiries or to gather more information, stakeholders can reach out to the closed-end fund information line or their financial advisors for personalized assistance.

Future Outlook

The Fund's recent announcement underscores its strategic approach to maintaining investor confidence through transparent communication about dividend distributions. As investment environments fluctuate, understanding the mechanisms behind these distributions provides critical insights for stakeholders aiming to optimize their financial strategies.

The projected annual return rate was noted as 7.21% based on the net asset value as of January 31, 2026, with an average total return rate approaching 11.28% over the last five years. This data encourages ongoing investor engagement and monitoring of the Fund's performance.

Shareholders are urged to stay updated as the fiscal year progresses and the Fund continues to offer valuable insights through its disclosures. Understanding the complexities of the distribution process is vital for making informed financial decisions concerning investments.