John Hancock Tax-Advantaged Dividend Income Fund

John Hancock Tax Advantaged Dividend Fund operates as a closed-end investment fund/investment trust. It seeks to provide a high level of after-tax total return from dividend income and capital appreciation by investing its assets in dividend-paying common and preferred securities. The firm investment management services are provided through John Hancock Advisers, Inc. The company was founded in 2004 and is headquartered in Boston, MA.

The John Hancock Tax-Advantaged Dividend Income Fund aims to provide high current income and capital gains through investments in common equity. The fund has underperformed the S&P 500 Index over the past two months but has only lost 5.14% for investors when considering distributions. The fund primarily invests in utilities and companies with stable finances, but its leverage is concerning in the current interest rate environment.

HTD: Good Fund, But Be Ready For A Distribution Cut

Aberdeen Standard Global Infr Inc Fd

Duff & Phelps Global Utility Income Fund Inc

Nuveen AMT-Free Municipal Value Fund

NXG NextGen Infrastructure Income Fund

Western Asset Investment Grade Income Fund

PIMCO Dynamic Income Fund

John Hancock Premium Dividend Fund

PIMCO Income Strategy Fund II

Brookfield Real Assets Income Fund

This month, I added to 5 different closed-end funds, but it came from the result of selling off 2 for swaps as well. Swap opportunities come up as we can exploit the discount/premium mechanics in closed-end funds. Overall, I have continued to stick with a low or no-leverage theme in this environment as I look to de-risk my CEF portfolio.

5 Closed-End Fund Buys In The Month Of August 2023 (Plus 2 I Sold)

The John Hancock Tax-Advantaged Dividend Income Fund focuses on high-yielding dividend-paying stocks, particularly in the utility sector. The fund's declining share price presents an opportunity for investors, as it currently yields 8.61% and has a strong distribution track record. The fund's leverage and ability to cover its distribution with net investment income are concerning, and its net assets have been declining for eighteen months.

HTD: Well Positioned For A Recession, But Struggling With The Distribution

Ares Capital

BlackRock Science & Technology

Crescent Capital BDC Inc

Calamos Dynamic Convertible & Income Fund

Calamos Global Total Return Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Guggenheim Strategic Opportunities Fund

JPMorgan Equity Premium Income ETF

JPMorgan Nasdaq Equity Premium Income ETF

PIMCO Corporate & Income Strategy Fund

PIMCO Corporate & Income Opportunity Fund

Global X NASDAQ 100 Covered Call ETF

Cohen & Steers Quality Income Realty Fund

Royce Value Trust

Global X Russell 2000 Covered Call ETF

Special Opportunities Fund Inc

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Cohen & Steers Infrastructure Fund Inc

Reaves Utility Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Perfection is defined as being complete and correct in every way, and can be pursued in various fields, including art and investing. For years now, I have been employing all my strength in investing in CEFs and ETFs, plus some “flirtations” with ETNs and BDCs. My portfolio is certainly not perfect, but acceptably fulfills the task for which it was designed: namely, to provide me with a steady stream of dividends over time.

My 9% Income Portfolio - Nobody Is Perfect

NOTICE TO SHAREHOLDERS – SOURCES OF DISTRIBUTION UNDER SECTION 19(a) BOSTON , July 31, 2023 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of July 13, 2023, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.

JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND

The John Hancock Tax-Advantaged Dividend Income Fund primarily invests in dividend-paying equity securities. It has delivered modest long-term returns with higher than benchmark volatility, and its returns appear to be sufficient to fund its distribution yield. The HTD fund does not appear to be an amortizing 'return of principal' fund that liquidates NAV to fund distributions, unlike other John Hancock fixed-income funds.

HTD: Serviceable Utilities-Focused Equity Fund

Investors today are in desperate need of income as inflation has not been dropping nearly as fast as the headlines are leading us to believe. John Hancock Tax-Advantaged Dividend Income Fund invests primarily in utilities and other high-yielding common stocks that should prove very resistant to economic trouble. The HTD closed-end fund typically outperforms its benchmarks during bull markets but underperforms during bear markets.

HTD: Income And Growth Potential

My Income Portfolio And Return Of Capital.

My Income Portfolio And Return Of Capital

HTD: Long-Term Winner Despite Latest Volatility

The world seeks complexity, but simplicity often trumps complexity. For my investment goals, I have made the choice to focus mainly on CEFs and ETFs, carefully weighing their merits and drawbacks.

My Income Portfolio - Keep It Simple, Sweetheart

Investors today, like all Americans, are desperately in need of extra income to maintain their lifestyles in the face of high rates of inflation. John Hancock Tax-Advantaged Dividend Income Fund invests in a portfolio of dividend stocks and then applies leverage to boost the portfolio.

HTD: This 7.98%-Yielding CEF Might Be Worth Considering Today

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First Trust MLP & Energy Income Fund

First Trust Energy Income and Growth Fund

First Trust Energy Infrastructure Fund

First Trust New Opportunities Mlp & Energy Fund

Highland Income Fund

Barings Corporate Investors

Tortoise Energy Infrastructure

Data aggregator websites such as Morningstar or CEFData are merely places to get initial ideas. With CEFs that can get rather niche and are actively managed, it becomes even more imperative as things change constantly.

Closed-End Funds: Misclassifications Can Lead To Misunderstanding

Owl Rock Capital Corp

As in Led Zeppelin's famous song, for me, investments in high-dividend securities represent a kind of stairway to heaven. Indeed, their steady flow of money relieves psychological pressure during times of market uncertainty and helps me experience them with greater peace of mind.

My Income Portfolio: A Stairway To Heaven

John Hancock Financial Opportunities Fund

John Hancock Hedged Equity & Income Fund

John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund

John Hancock Tax-Advantaged Global Shareholder Yield Fund

ANNOUNCE RESULTS OF ANNUAL MEETINGS OF SHAREHOLDERS BOSTON , Feb. 21, 2023 /PRNewswire/ - The following eight closed-end funds managed by John Hancock Investment Management LLC announced the results of their annual shareholder meetings: John Hancock Financial Opportunities Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Preferred Income Fund (NYSE: HPI), John Hancock Preferred Income Fund II (NYSE: HPF), John Hancock Preferred Income Fund III (NYSE: HPS), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) and John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY) (collectively, the "Funds"). At their annual meetings held today, shareholders of the Funds elected Noni L Ellison to serve for a 1-year term ending at the 2024 Annual Meeting of Shareholders; Dean C.

JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND

HTD is a strong consideration for longer-term investors, despite the fund trading at a very shallow discount. The fund has the most exposure to equity utilities, but energy exposure in this fund also helped it through 2022.

HTD: Portfolio Mix Helped This Fund Through 2022

Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power. As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal.

My Income Portfolio's Year-End Check-Up

HTD invests in a portfolio of dividend-paying stocks from around the world with the goal of providing its investors with capital gains and dividend income. The fund is mostly invested in utilities, although other sectors still comprise a decent portion of its portfolio.

HTD: This Stable 7.30%-Yielding Fund Is Worthy Of Consideration Today

Global X S&P 500 Covered Call ETF

Ten months of this troubling 2022 have passed, and my overall portfolio is beginning to take its final shape. Some positions have long since been completed, while for others, I am taking small acquisition steps each time the market turns downward.

My Income Portfolio - Memo From An 'Olive Farmer'

BlackRock Enhanced Equity Dividend Trust

Blackrock Health Sciences Trust

BlackRock Science and Technology Trust II

PIMCO Dynamic Income Opportunities Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Cohen & Steers Reit And Preferred Income Fund Inc

The volatility had continued since earlier this year when we last looked at my top ten CEFs. With closed-end fund discounts widening, there seem to be more opportunities in the space overall.

My Top 10 Closed-End Fund Holdings: October 2022

HTD provides relative stability with its utility and preferred exposure providing stable cash flow. The fund's NII has increased with the latest report, making a stable distribution even safer.

HTD: Utilities And Preferreds Provide Income Stability

With 2022's market, there seems to be almost no place to hide from the losses. Even energy has now joined in the bear market recently, though it's hard to tell with their hefty gains for the year still.

HTD: Opportunities Opening Up In This Steady Fund

It was another head-scratcher of a week as the mad rush out of bonds and into equities continued to power the major-market ETFs ever closer to break-even on the year.

Equity CEF Performances: Updated Through March 25, 2022 (And A Look At HTD)

HTD is a solid performing fund that has delivered monthly distributions to shareholders since its inception.

HTD: One To Watch When Volatility Strikes, 6.87% Distribution Yield

John Hancock Investors Trust

John Hancock Mortgage-Backed Securities ETF

John Hancock Preferred Income ETF

John Hancock Income Securities Trust

BOSTON, Feb. 15, 2022 /PRNewswire/ - John Hancock Investment Management LLC (the "Adviser") today announced changes to the portfolio management teams for John Hancock Preferred Income Fund (NYSE: HPI), John Hancock Preferred Income Fund II (NYSE: HPF), John Hancock Preferred Income Fund III (NYSE: HPS), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Divided Fund (NYSE: HTD), John Hancock Income Securities Trust (NYSE: JHS), John Hancock Investors Trust (NYSE: JHI), John Hancock Mortgage-Backed Securities ETF (NYSE Arca: JHMB), and John Hancock Preferred Income ETF (NYSE Arca: JHPI). Each Fund is advised by the Adviser and subadvised by Manulife Investment Management (US) LLC (the "Subadviser").

JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGES FOR JOHN HANCOCK CLOSED-END FUNDS AND ETFs

As a kid, my Dad used to drive Oldsmobiles as his car of choice. Once, we were surprised to look under the hood and see a Chevrolet engine! That's when I realized manufacturers often interchanged identical parts, even though they marketed (and priced) the products quite differently. That can happen within the closed-end fund market too, with HTD and PDT being a good example.

News for John Hancock Tax-Advantaged Dividend Income Fund ETF (HTD)