John Hancock Tax-Advantaged Dividend Income Fund Announces September 2026 Distribution Details
John Hancock Tax-Advantaged Dividend Income Fund: September Distribution Update
Introduction
On September 30, 2026, John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) announced its monthly distribution for shareholders, reflecting the fund's performance in the current fiscal year. This press release serves as a notification for investors regarding the distribution declared on September 1, 2026.
Key Distribution Details
The fund declared a distribution of $0.1580 per share, payable to shareholders on record as of September 11, 2026. This distribution is part of the fund’s managed distribution plan, which allows for fixed monthly payments to its investors. Below are essential statistics regarding the current distribution and its sources:
- - Distribution Amount: $0.1580 per common share
- - Payment Date: September 30, 2026
Estimated Sources of Current Distribution
The announced distribution will stem from the following estimated sources, presented in the table below:
| Source | Current Distribution ($) | % Breakdown of Current Distribution | Total Cumulative Distributions ($) | % Breakdown of Total Cumulative Distributions |
|---|---|---|---|---|
| -------- | ------ | -------- | -------- | ---------- |
| Net Investment Income | 0.1502 | 95% | 1.2319 | 71% |
| Net Realized Short-Term Capital Gains | 0.0000 | 0% | 0.0000 | 0% |
| Net Realized Long-Term Capital Gains | 0.0078 | 5% | 0.5061 | 29% |
| Return of Capital or Other Capital Source | 0.0000 | 0% | 0.0000 | 0% |
| Total per Common Share | 0.1580 | 100% | 1.7380 | 100% |
Historical Performance
For reference, the average annual total return concerning Net Asset Value (NAV) for the five years ending August 31, 2026, stands at 8.59%. Furthermore, the annualized current distribution rate, expressed as a percentage of NAV as of August 31, 2026, is 7.28%. The cumulative total return for the fiscal year ending August 31, 2026, was recorded at 6.78%, with a cumulative fiscal year-to-date distribution rate of 6.67%.
Important Notes for Investors
Investors are advised that the distributions are largely based on net investment income and capital gains estimates and might include a return of capital. A return of capital indicates that some of the invested funds are being returned to shareholders, which does not reflect the fund's investment performance. Distinct from yield or income, the return of capital should be approached with caution as it might affect future performance evaluations.
Additionally, the distributions reported are estimates and should not be used for tax purposes. The actual amounts for tax reporting will depend on various factors and will align with the fund’s investment performance in the remaining fiscal year. A Form 1099-DIV will be issued to shareholders for accurate tax reporting.
If you need any further assistance or have questions about your distribution or the fund's performance, we encourage you to contact your financial advisor or reach out to the Manulife John Hancock Closed-End Fund Information Line at 1-800-843-0090, available Monday to Friday between 8:00 a.m. and 7:00 p.m. ET.
Conclusion
With its steadfast approach towards providing regular distributions to shareholders through a managed distribution framework, the John Hancock Tax-Advantaged Dividend Income Fund continues to focus on delivering value while maintaining transparency about its financial health and investment outcomes. The company remains dedicated to its commitment to generating favorable returns through a balanced investment strategy. For more details, visit the official Manulife Investment Management website or contact investor relations for personalized assistance.
Topics Financial Services & Investing）
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