John Hancock Tax-Advantaged Dividend Income Fund Announces August Distribution Sources
The John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has provided a notice detailing the sources of its monthly distribution for August 2026. The fund distributed $0.1580 per share, with approximately two-thirds coming from net investment income and nearly one-quarter from long-term capital gains. A small portion was attributed to return of capital. The Fund operates under a managed distribution plan that guarantees fixed monthly distributions until further notice. Shareholders are informed that the current year's cumulative distributions have exceeded its reported earnings, meaning some returns may represent a return of invested capital rather than income from performance. The fund emphasizes these figures are estimates and actual tax reporting will be provided via Form 1099-DIV. The Fund’s five-year average total return as of July 31, 2026 was reported at 9.2%, with an annualized distribution rate of 7.18%. The cumulative fiscal year-to-date returns and distributions were also detailed in the notice.
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