John Hancock Tax-Advantaged Dividend Income Fund Announces July Distribution Sources
The John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has disclosed the sources of its monthly distribution for July 2026, which amounts to $0.1580 per share. The distribution is part of the fund's managed distribution plan and was paid on July 31, 2026, to shareholders of record as of July 13, 2026. According to the breakdown provided by the Fund, approximately 45% ($0.0713) of this month’s $0.1580 distribution is estimated to come from net investment income, while a significant portion—about 55% or $0.0867—is attributed to return of capital or other capital sources. Over the fiscal year-to-date period (November 2025–July 2026), distributions have been primarily funded by net investment income and long-term capital gains. The Fund notes that a portion of this distribution may be classified as a return of capital, which does not reflect performance but rather represents repayment of the investor’s original principal. The actual tax classification will appear on Form 1099-DIV for the calendar year.
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