Written by Nick Ackerman, co-produced by Stanford Chemist
John Hancock Tax-Advantaged Dividend Income Fund (HTD) is a hybrid fund of equities and preferred stocks. More specifically, the equity portion is comprised primarily of utility names, while the preferred portion is chock full of financial institutions. This makes the portfolio rather unique in that it can't be compared easily with the other utility/infrastructure funds like Reaves Utility Income Fund (UTG) or Cohen & Steers Infrastructure Fund Inc. (UTF). Which, of those two funds there are enough differences as well to