John Hancock Tax-Advantaged Dividend Income Fund

Frequently Asked Questions About HTD

What does HTD invest in?

John Hancock Tax-Advantaged Dividend Income Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management and Analytic Investors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector. The fund primarily invests in dividend-paying common and preferred stocks of companies which have dividends that qualify for a more favorable long-term capital gains tax rate. It invests in stocks of companies across diversified market capitalizations. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 55% Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 45% S&P 500 Utilities Index. John Hancock Tax-Advantaged Dividend Income Fund was formed on February 27, 2004 and is domiciled in the United States.

What is the expense ratio of HTD?

John Hancock Tax-Advantaged Dividend Income Fund (HTD) charges an expense ratio of 3.58%. This is the annual fee deducted from fund assets to cover management and operations.

What is HTD's dividend yield?

HTD's trailing-twelve-month yield is 7.61%, calculated from the sum of dividends over the past year divided by the current price.

How big is HTD?

John Hancock Tax-Advantaged Dividend Income Fund (HTD) manages $882.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is HTD actively managed or an index fund?

HTD is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (HTD's is 3.58%) because there's no security selection cost.

When was HTD launched?

John Hancock Tax-Advantaged Dividend Income Fund (HTD) launched in February 2004 and is managed by the fund issuer.