Understanding the Monthly Distribution from John Hancock Tax-Advantaged Dividend Income Fund
Recent Distribution Announcement from John Hancock Tax-Advantaged Dividend Income Fund
On November 28, 2025, John Hancock Investment Management made an important announcement regarding its closed-end fund, the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD). This fund has been operating under a managed distribution plan, allowing it to provide its shareholders with consistent monthly distributions. As of November 13, 2025, shareholders will receive a distribution of $0.1580 per share.
Key Details
The following provides insights into the distribution, which was declared on November 3, 2025:
- - Distribution Amount: $0.1580 per common share.
- - Distribution Type: This has been classified under the managed distribution plan which aims to stabilize distribution payments for shareholders.
- - Payment Date: The upcoming distribution is payable on November 28, 2025.
Shareholders need not take any action to receive this distribution. The notice serves to ensure transparency regarding the sources of funds being distributed.
Breakdown of Distribution Sources
The table below illustrates how the fund plans to source its distribution for the month of November:
| Source of Distribution | Amount (per share) | Percentage of Total |
|---|---|---|
| ------ | ---- | ------- |
| Net Investment Income | $0.1183 | 75% |
| Net Realized Short-Term Gains | $0.0159 | 10% |
| Net Realized Long-Term Gains | $0.0238 | 15% |
| Return of Capital | $0.0000 | 0% |
From the breakdown, it is clear that the majority of the distribution comes from net investment income, accounting for 75% of the total. This provides reassurance to investors about the sustainability of the income being generated from the fund's investments.
Cumulative Distributions
As of the fiscal year-to-date period from November 1, 2025, to November 30, 2025, the cumulative distributions stand as follows:
- - Total cumulative distributions for the fiscal year: $0.1580 per common share, equivalent to 100% of the total cumulative amount reported.
This information is crucial for shareholders as it highlights the fund's ability to generate consistent returns even amid market fluctuations. As a result, the fund's average annual total return in relation to NAV for the last five years stands at 11.79%.
Important Notes for Shareholders
It’s important for shareholders to recognize that these distribution figures are estimates and subject to change based on the fund's investment performance and tax regulations. As per standard practice, Form 1099-DIV will be issued to shareholders to facilitate accurate tax reporting at year-end.
Investors contemplating participation in the fund should evaluate their individual investment objectives, as well as consider risks and expenses associated with the fund. Transparency and consistent communication from the management team remain a cornerstone of John's Hancock approach to investor relations.
Conclusion
The John Hancock Tax-Advantaged Dividend Income Fund continues to deliver on its promise of stable and reliable monthly distribution payments. With a diversified investment strategy managed by a combination of internal and external asset managers, the fund is positioned to respond adeptly to market conditions while aiming to maintain its distribution commitments to investors. For any inquiries, investors are encouraged to reach out to their financial professionals or utilize the dedicated investor contact line provided by John Hancock.
Topics Financial Services & Investing）
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