John Hancock HTD Fund Discloses October Distribution Sources

John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) disclosed the sources of its monthly distribution to shareholders on Oct. 30, 2026, as required under Section 19(a) of the Investment Company Act. The closed-end fund is managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, both based in Boston.

Section 19(a) notices are regulatory disclosures that closed-end funds must issue when a distribution includes sources other than net investment income, such as return of capital or realized capital gains. The notices are intended to give investors transparency about what portion of a payment represents actual earnings versus a return of their own invested principal.

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HTD focuses on tax-advantaged dividend income, a strategy typically involving a mix of dividend-paying equities and preferred securities. Such funds are structured to provide regular income, but the composition of each distribution can vary depending on market conditions and portfolio performance at the time of payment.

Shareholders and prospective investors are advised to review the full Section 19(a) notice carefully, as the characterization of distribution sources can have meaningful tax implications. Return-of-capital distributions, for instance, are generally not immediately taxable but reduce the investor's cost basis in the fund.

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