Oct. 09, 2025 6:12 PM ETJohn Hancock Tax-Advantaged Dividend Income Fund (HTD)HTDThe Alpha Analyst1.83K FollowersThe John Hancock Tax-Advantaged Dividend Income Fund offers a stable monthly yield of ~7.66%, primarily from utilities and preferred stocks.HTD employs ~32% leverage to enhance returns, with a focus on qualified dividends for favorable tax treatment in taxable accounts.Despite leverage, HTD has shown no systematic NAV erosion over the past decade, though entry timing impacts capital appreciation potential.With current share prices near decade highs, HTD is best suited for income-focused investors prioritizing dividend yield over capital gains.Milan Markovic/iStock via Getty ImagesThe John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) is a decent and consistent monthly payout income CEF. The methodology is active and diversified across more than 100 stocks, primarily in utilities. A ~32% leverage is also employed toThis article was written byThe Alpha Analyst1.83K FollowersI am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimization to uncover high-growth investment opportunities. As a former Vice President at Barclays, I led teams in model validation, stress testing, and regulatory finance, developing a deep expertise in both fundamental and technical analysis. Alongside my research partner (also my wife), I co-author investment research, combining our complementary strengths to deliver high-quality, data-driven insights. Our approach blends rigorous risk management with a long-term perspective on value creation. We have a particular interest in macroeconomic trends, corporate earnings, and financial statement analysis, aiming to provide actionable ideas for investors seeking to outperform the market.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments