John Hancock Fund Discloses Distribution Sources
John Hancock Tax-Advantaged Dividend Income Fund has announced the sources of its monthly distribution. Over 95% of the September dividend and 71% of the year-to-date distributions came from net investment income.
The John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) has disclosed the sources for its September 2026 distribution. The fund, managed by John Hancock Investment Management LLC with Manulife Investment Management (US) LLC as sub-advisor, reported that the $0.1580 per share dividend was primarily derived from net investment income.
For the September distribution, 95% ($0.1502 per share) originated from net investment income, while 5% ($0.0078 per share) came from realized long-term capital gains. Other components, including net realized short-term capital gains and return of capital, were reported at zero.
For the current fiscal year, which concludes at the end of October 2026, the fund has distributed a total of $1.7380 per share. Of this amount, 71% ($1.2319) is attributed to net investment income, and 29% ($0.5061) to long-term capital gains. The announcement emphasizes that these figures are estimates and not intended for tax reporting purposes.
The fund maintains a fixed monthly distribution of $0.1580 per share under its managed distribution plan. Shareholders will receive a Form 1099-DIV for the calendar year detailing the sources of these distributions for tax purposes.