HTD: Attractive Outlook Fueled By Data Center Growth
The John Hancock Tax-Advantaged Dividend Income Fund (HTD) is currently a buy, with a 6.33% discount to NAV and a 7.4% yield. The fund is expected to benefit from growth in AI data center-driven utility earnings, as approximately 57% of its assets are in utilities and related sectors. However, its emphasis on distributions may restrict long-term total returns compared to traditional ETFs.
- ▪HTD is trading at a 6.33% discount to NAV.
- ▪The fund offers a yield of 7.4%.
- ▪Approximately 57% of HTD's assets are in utilities and related sectors.
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