BOSTON, May 30, 2025 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund $(HTD)$ (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of May 12, 2025, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.

Notification of Sources of Distribution

This notice provides shareholders of the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) with important information concerning the distribution declared on May 1, 2025, and payable on May 30, 2025. No action is required on your part.

 
Distribution Period:                    May 2025 
Distribution Amount Per Common Share:   $0.1380 
 

The following table sets forth the estimated sources of the current distribution, payable May 30, 2025, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.

 
                                                For the fiscal year-to-date 
                      For the period                      period 
                  05/01/2025-05/31/2025          11/1/2024-05/31/2025 (1) 
              ------------------------------  ------------------------------ 
                                                  Total        % Breakdown 
                Current       % Breakdown      Cumulative      of the Total 
              Distribution   of the Current   Distributions     Cumulative 
Source            ($)         Distribution         ($)        Distributions 
-----------   ------------  ----------------  -------------  --------------- 
Net 
 Investment 
 Income          0.1343           97 %           0.7192           74 % 
Net Realized 
 Short- Term 
 Capital 
 Gains           0.0037           3 %            0.1809           19 % 
Net Realized 
 Long- Term 
 Capital 
 Gains           0.0000           0 %            0.0659            7 % 
Return of 
 Capital or 
 Other 
 Capital 
 Source          0.0000           0 %            0.0000            0 % 
------------  ------------  ----------------  -------------  --------------- 
Total per 
 common 
 share           0.1380          100 %           0.9660           100 % 
 
Average annual total return (in relation to NAV) for the 5 
 years ended on April 30, 2025                                   11.95 % 
                                                             --------------- 
 
Annualized current distribution rate expressed as a 
 percentage of NAV as of April 30, 2025                          6.72 % 
                                                             --------------- 
 
Cumulative total return (in relation to NAV) for the fiscal 
 year through April 30, 2025                                     3.21 % 
                                                             --------------- 
 
Cumulative fiscal year-to-date distribution rate expressed 
 as a percentage of NAV as of April 30, 2025                     3.92 % 
                                                             --------------- 
 
 
___________ 
(1)  The Fund's current fiscal year began on November 1, 2024 and will end on 
     October 31, 2025. 
 

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The Fund has declared the May 2025 distribution pursuant to the Fund's managed distribution plan (the "Plan"). Under the Plan, the Fund makes fixed monthly distributions in the amount of $0.1380 per share, which will continue to be paid monthly until further notice.

If you have questions or need additional information, please contact your financial professional or call the Manulife John Hancock Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.

About Manulife John Hancock Investments

We serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.

About Manulife Wealth & Asset Management

As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan services to 19 million individuals, institutions, and retirement plan members worldwide. Our mission is to make decisions easier and lives better by empowering people today to invest for a better tomorrow. As a committed partner to our clients and as a responsible steward of investor capital, we offer a heritage of risk management, deep expertise across public and private markets, and comprehensive retirement plan services. We seek to provide better investment and impact outcomes and to help people confidently save and invest for a more secure financial future. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

 
Media Contact:      Gordon Haight 
                    (617) 572-0034 
 
Investor Contact:   (800) 843-0090 
 

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SOURCE John Hancock Investment Management

(END) Dow Jones Newswires

May 30, 2025 16:17 ET (20:17 GMT)