John Hancock Tax Advantaged Dividend Income Fund Common Shares of Beneficial Interest (HTD)

FairStock Score: 64/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start by asking what this thing really is. This is not an operating business but a closed-end fund managed by John Hancock Investment Management LLC, co-managed by John Hancock Asset Management and Analytic Investors, LLC. It owns public U.S. equities, mostly dividend payers and preferreds, with an emphasis on utilities. That gives it a utility-like income character and a beta of 0.79, but also concentration and rate sensitivity. The marks are mixed. At the 2026-10-13 close of $22.56, the market cap is $884.0M. FairStock's calculations show P/E 4.67, P/B 0.82, ROE 18.49%, ROCE 2.88%, and D/E 0.44. The dividend yield is 8.02%. The Graham Number is $53.13, implying a 57.54% margin of safety, which sounds generous. But I am wary: a Piotroski F-Score of 2/9 and Altman Z-Score of 1.51 are not signs of robust financial health. The FairStock score is 64/100. The Lynch category is none because there are only 0 years of filed results, whereas three are needed. Revenue and profit growth are not available. The 52-week range is $21.90-$26.35, so the price sits near the low end. So the fund looks statistically cheap and high-yielding, but the quality evidence is thin and the health checks are weak. I would want more filed history and stronger balance-sheet signals before calling it a durable bargain. Price can be favorable; business quality still needs proof.

In plain English: This is a closed-end fund run by John Hancock that invests mostly in dividend-paying U.S. stocks, especially utilities. The fund looks mixed: it offers a high 8.02% dividend yield and trades below its book value, but its financial-health scores are weak and it has no multi-year filed record here. At $22.56, the price looks cheap on some value measures, though not clearly cheap on every measure.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer