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Important Notice for Shareholders of John Hancock Tax-Advantaged Dividend Income Fund

The John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD), a closed-end fund managed by John Hancock Investment Management LLC and sub-advised by Manulife Investment Management (US) LLC, has issued a crucial notice regarding its distribution for the month of August 2025. This notice serves to inform shareholders about the sources of the fund's monthly distribution as mandated by an exemptive order from the U.S. Securities and Exchange Commission (SEC).

Distribution Details

On August 1, 2025, the fund declared a distribution of $0.1580 per share, scheduled to be paid to all shareholders of record by August 29, 2025. It is essential to note that no action is required from shareholders regarding this distribution; it will be automatically credited.

Breakdown of Distribution

The distribution for August 2025 consists of various sources, which have been detailed as follows:

• - Net Investment Income: $0.1163 (represents 74% of the current distribution)
• - Net Realized Short-Term Capital Gains: $0.0000 (0% of the current distribution)
• - Net Realized Long-Term Capital Gains: $0.0000 (0% of the current distribution)
• - Return of Capital or Other Capital Sources: $0.0417 (26% of the current distribution)

This adds up to a total of $0.1580 per share released for August, contributing to an impressive cumulative distribution of $1.4200 for the fiscal year to date.

Performance Highlights

The fund has performed commendably, with an average annual total return of 11.83% for the five years ending July 31, 2025, and an annualized current distribution rate of 7.35% based on NAV (Net Asset Value) as of the end of July. Shareholders should be aware that the fund has redistributed more than its actual income and net realized capital gains, suggesting that part of the distribution might be classified as a return of capital. Importantly, this does not reflect the fund's performance but rather signifies how distributions occur in investment practices.

Tax Implications and Reporting

It's essential to understand that the amounts and sources reported are estimates and are not intended for tax reporting purposes. The actual amounts will ultimately rely on the fund's investment performance throughout the remainder of the fiscal year and may vary due to changing tax regulations. At the end of the calendar year, shareholders will receive a Form 1099-DIV detailing how these distributions should be reported for federal income tax purposes.

Managed Distribution Plan

The fund operates under a managed distribution plan, ensuring fixed monthly distributions. The ongoing rate of $0.1580 will likely continue until future notices indicate otherwise. This structured approach aims to provide stability and predictability for investors looking for regular income from their investments.

Shareholder Support

For any questions regarding the distribution or to seek additional information, shareholders are encouraged to reach out to their financial advisors or contact the Manulife John Hancock Closed-End Fund Information Line at 1-800-843-0090, available Monday to Friday during regular business hours.

Closing Remarks

In conclusion, while the current distribution may bring immediate benefits to the shareholders, it is essential to consider the potential implications for capital return versus earnings. As always, investors should review their portfolios and consider the overall impact of their investments in funds like HTD, especially in regard to financial objectives and strategic alignment with future goals.

With a skilled management team and a well-defined investment strategy, the John Hancock Tax-Advantaged Dividend Income Fund continues to focus on delivering value to its shareholders, enhancing financial security and growth potential in the long term.