John Hancock Tax-Advantaged Dividend Income Fund (HTD)
NYSE NYSE Primary 
HTD: Attractive Outlook Fueled By Data Center Growth
John Hancock Tax-Advantaged Dividend Income Fund (HTD) remains a buy, trading at a 6.33% discount to NAV with a 7.4% yield. HTD is positioned to benefit from AI data center-driven utility earnings growth, with ~57% of assets in utilities and related sectors. While HTD offers reliable, tax-advantaged monthly income, its focus on distributions may limit long-term total return versus traditional ETFs.
HTD: Continuing Strong Returns With Monthly Pay
John Hancock Tax-Advantaged Dividend Income Fund remains a "Buy" due to its strong, steady monthly distribution. HTD's portfolio emphasizes utilities, preferreds, and corporate bonds, benefiting from lower rates and potential AI-driven utility demand. The recent distribution increase brings the yield to 7.57%, with coverage supported by capital gains and easing borrowing costs as the Fed cuts rates.
