John Hancock Tax-Advantaged Dividend Income Fund Reports Q4 Results, Offers 7.7% Yield and Potential Undervaluation Opportunities

John Hancock Tax-Advantaged Dividend Income Fund (HTD) reported a GAAP net investment income of $0.296 for Q4, with a yield of 7.7%. Despite its strong after-tax total return, the fund remains discounted, offering potential opportunities for income-seeking investors. Its portfolio is diversified across common stocks, preferred securities, corporate bonds, and short-term investments. HTD has demonstrated robust financial health, with revenue growth of 12.7% over the past three years, a net margin of 99.43%, and an earnings growth of 320% over the past year. However, its Altman Z-Score is not provided, and institutional ownership is relatively low at 17.68%.