JHancock Tax-Advantaged Dividend Inc:HTD

    Manage Alerts

    Overview

    As of 6/29/2022

     Share
    Price
    NAVPremium/
    Discount
    Current$22.58$23.68-4.65%
    52 Wk Avg$24.74$25.19-1.78%
    52 Wk High$26.43$27.382.82%
    52 Wk Low$20.83$22.19-6.47%
    Regular Distribution TypeManaged Distribution
    Distribution Rate7.33%
    Distribution Amount$0.1380
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Funds investment objective is to provide a high level of after-tax total return from dividend income and capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its assets in dividend-paying common and preferred securities that John Hancock Advisers, LLC believes at the time of acquisition are eligible to pay dividend, which for individual shareholders, qualify for U.S. federal income taxation at rates applicable to long-term capital gains, which are taxed at a maximum rate of 15%. The Fund intends to concentrate in securities issued by U.S. corporations in the related groups of industries comprising each of the utilities sector and the financial services sector.

    Capital Structure

    As of 6/29/2022

    Total Investment Exposure:$1,257.395M
    Total Common Assets:$838.495M
    Common Shares Outstanding:35,409,405
    Leverage

    As of 6/29/2022

    Preferred Share Assets:
    Total Debt (USD): $418.900M
    Regulatory Leverage (USD): $418.900M
    Effective Leverage (USD): $418.900M
    Effective Leverage (%): 33.31%
    Annual Expense Ratios

    As of 10/31/2021

      Per Common Share
    Management Fees1.12%
    Other Expenses:0.07%
    Baseline Expense: N/A
    Interest Expense:0.37%
    Total: 1.55%
    Fund Management

    Fund Sponsor
    John Hancock

    Portfolio Managers
    Bradley L. Lutz, Caryn E. Rothman, James Gearhart, Jonas Grazulis, Joseph H. Bozoyan

    Basics
    Category:
    Ticker: HTD
    NAV Ticker: XHTDX
    Average Daily Volume (shares): 66,138
    Average Daily Volume (USD): $1.622M
    Inception Date: 2/27/2004
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 6/29/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 10/31/2021
    $0.5418
    Annualized Distribution Rate on NAV:
    As of 6/29/2022
    6.99%
    Total Return on NAV (12 months):
    As of 6/29/2022
    13.12%
    Avg. Portfolio Coupon:
    As of 6/29/2022
    4.55%
    Total % Portfolio Effectively Leveraged:
    As of 6/29/2022
    33.31%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/30/2022

    PeriodAvg Discount
    6 Month-2.10%
    1 Year-1.78%
    3 Year-3.71%
    5 Year-4.34%
    Z-Score

    As of 6/29/2022

    PeriodZStat
    3 Month-0.34
    6 Month-0.67
    1 Year-0.99
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2022
    Category: Morningstar US CEF US Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD0.98%5.44%-11.28%-8.12%
    202132.40%20.66%25.66%17.24%
    2020-16.60%-10.52%0.91%6.36%
    201942.85%29.24%29.77%22.10%
    2018-9.17%-2.96%-8.36%-4.98%
    201716.49%11.39%21.52%14.50%
    201620.66%14.80%17.59%13.14%
    2015-0.87%1.90%-9.73%-7.35%
    201430.82%27.33%11.82%9.17%
    20138.33%7.79%19.53%19.58%
    201211.00%11.89%13.72%13.14%
    201124.88%22.17%1.24%3.22%
    201024.85%20.88%15.07%13.03%
    200942.82%30.92%  
    2008-35.26%-30.76%  
    2007-3.49%-5.25%  
    200632.33%24.29%  
    20050.63%3.52%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2022
    Category: Morningstar US CEF US Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/29/2022
    4.55%
    Number of Holdings:
    As of 4/30/2022
    107
    Annual Portfolio Turnover:
    As of 10/31/2021
    15.00%
    Average Bond Price:
    As of 4/30/2022
    $97.08
    Asset Allocation

    As of 4/30/2022

    Top Sectors

    As of 4/30/2022

    Sector%Portfolio
    Defensive (Super Sector)59.88%
    Utilities58.97%
    Corporate (Super Sector)32.71%
    Corporate Bond16.39%
    Preferred Stock13.42%
    Sensitive (Super Sector)12.51%
    Energy10.46%
    Financial Services4.15%
    Cyclical (Super Sector)4.15%
    Convertible2.90%
    Top Holdings

    As of 4/30/2022

    HoldingValue% Portfolio
    Bl68f9vt Irs Usd R V 03mlibor Sl68f9vt_flo Ccpvanilla$107.00M9.03%
    CenterPoint Energy Inc$40.89M3.45%
    American Electric Power Co Inc$37.17M3.13%
    Williams Companies Inc$37.03M3.12%
    Ameren Corp$30.66M2.59%
    Duke Energy Corp$29.74M2.51%
    Southern Co$29.72M2.51%
    Black Hills Corp$28.91M2.44%
    Bl68f9vt Irs Usd P F 2.13640 Sl68f9vt_fix Ccpvanilla$-107.18M-9.04%
    10 Year Treasury Note Future June 22$-116.77M-9.85%
    Credit Quality

    As of 4/30/2022

    Maturity Breakdown

    As of 4/30/2022

    Country Allocation

    As of 4/30/2022

    Country% Portfolio
    United States - Equity70.86%
    United States - Fixed Income6.20%
    United Kingdom - Equity3.31%
    Canada - Equity2.37%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X