# EDGAR Filing Document

**Accession Number:** 0001260041
**File Stem:** 0001193125-25-219583
**Filing Date:** 2025-9
**Character Count:** 79813
**Document Hash:** e02eba004cbc6ec7fedcf663003ff319
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-219583.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0001193125-25-219583

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND
- **CENTRAL INDEX KEY:** 0001260041

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21416
- **FILM NUMBER:** 251346811

**BUSINESS ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** 617-663-3000

**MAIL ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JOHN HANCOCK PREFERRED & EQUITY INCOME FUND
- **DATE OF NAME CHANGE:** 20030814

## Nport-Ex

![](img48d0a8731.gif)

#### Quarterly portfolio holdings

## John Hancock

## Tax-Advantaged Dividend Income Fund

## Closed-end U.S. equity
July 31, 2025

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

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Fund's investments

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#### As of 7-31-25 (unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common stocks 79.2% (54.2% of Total investments)** |  | &nbsp;&nbsp;**$723474922** |
| (Cost $483,860,218) |  |  |
| **Communication services 6.2%** |  | &nbsp;&nbsp;&nbsp;**56896943** |
| **Diversified telecommunication services 6.2%** |  |  |
| AT&T, Inc. (A) | 976849 | &nbsp;&nbsp;&nbsp;&nbsp;26775431 |
| Verizon Communications, Inc. (A) | 704432 | &nbsp;&nbsp;&nbsp;&nbsp;30121512 |
| **Consumer staples 1.4%** |  | &nbsp;&nbsp;&nbsp;**12385775** |
| **Tobacco 1.4%** |  |  |
| Philip Morris International, Inc. (A) | 75500 | &nbsp;&nbsp;&nbsp;&nbsp;12385775 |
| **Energy 11.8%** |  | **107495794** |
| **Oil, gas and consumable fuels 11.8%** |  |  |
| BP PLC, ADR | 765450 | &nbsp;&nbsp;&nbsp;&nbsp;24609213 |
| Enbridge, Inc. | 347106 | &nbsp;&nbsp;&nbsp;&nbsp;15720431 |
| Kinder Morgan, Inc. (A) | 1085000 | &nbsp;&nbsp;&nbsp;&nbsp;30445100 |
| Kinetik Holdings, Inc. (A)(B) | 255000 | &nbsp;&nbsp;&nbsp;&nbsp;11061900 |
| ONEOK, Inc. (A) | 135000 | &nbsp;&nbsp;&nbsp;&nbsp;11084850 |
| South Bow Corp. | 555000 | &nbsp;&nbsp;&nbsp;&nbsp;14574300 |
| **Financials 2.4%** |  | &nbsp;&nbsp;&nbsp;**21910325** |
| **Banks 2.4%** |  |  |
| Columbia Banking System, Inc. (A)(B) | 368333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8766325 |
| Huntington Bancshares, Inc. | 800000 | &nbsp;&nbsp;&nbsp;&nbsp;13144000 |
| **Materials 0.6%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**5718000** |
| **Metals and mining 0.6%** |  |  |
| Vale SA, ADR (A)(B) | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5718000 |
| **Real estate 2.5%** |  | &nbsp;&nbsp;&nbsp;**23013627** |
| **Specialized REITs 2.5%** |  |  |
| Crown Castle, Inc. (A) | 126243 | &nbsp;&nbsp;&nbsp;&nbsp;13266877 |
| Millrose Properties, Inc., Class A | 325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9746750 |
| **Utilities 54.3%** |  | **496054458** |
| **Electric utilities 30.4%** |  |  |
| Alliant Energy Corp. | 320000 | &nbsp;&nbsp;&nbsp;&nbsp;20803200 |
| American Electric Power Company, Inc. (A) | 295000 | &nbsp;&nbsp;&nbsp;&nbsp;33376300 |
| Duke Energy Corp. (A)(B) | 240000 | &nbsp;&nbsp;&nbsp;&nbsp;29193600 |
| Entergy Corp. (A) | 297000 | &nbsp;&nbsp;&nbsp;&nbsp;26857710 |
| Evergy, Inc. (A)(B) | 295000 | &nbsp;&nbsp;&nbsp;&nbsp;20886000 |
| Eversource Energy (A)(B) | 298227 | &nbsp;&nbsp;&nbsp;&nbsp;19712805 |
| Exelon Corp. (A) | 280000 | &nbsp;&nbsp;&nbsp;&nbsp;12583200 |
| FirstEnergy Corp. | 510000 | &nbsp;&nbsp;&nbsp;&nbsp;21782100 |
| OGE Energy Corp. (A)(B) | 580000 | &nbsp;&nbsp;&nbsp;&nbsp;26343600 |
| Pinnacle West Capital Corp. | 80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7249600 |
| PPL Corp. (A)(B) | 700000 | &nbsp;&nbsp;&nbsp;&nbsp;24983000 |
| The Southern Company (A) | 194925 | &nbsp;&nbsp;&nbsp;&nbsp;18416514 |
| Xcel Energy, Inc. (A) | 207000 | &nbsp;&nbsp;&nbsp;&nbsp;15202080 |
| **Gas utilities 2.8%** |  |  |
| Spire, Inc. | 235000 | &nbsp;&nbsp;&nbsp;&nbsp;17500450 |
| UGI Corp. (A)(B) | 215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7778700 |
| **Independent power and renewable electricity producers 1.5%** |  |  |
| The AES Corp. | 1058023 | &nbsp;&nbsp;&nbsp;&nbsp;13913002 |
| **Multi-utilities 19.6%** |  |  |
| Algonquin Power & Utilities Corp. | 2145700 | &nbsp;&nbsp;&nbsp;&nbsp;12659630 |
| Ameren Corp. (A) | 265000 | &nbsp;&nbsp;&nbsp;&nbsp;26799450 |

---

2 JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

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---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities (continued)** |  |  |
| **Multi-utilities (continued)** |  |  |
| Black Hills Corp. (A)(B) | 319775 | &nbsp;&nbsp;&nbsp;$18476600 |
| Dominion Energy, Inc. (A)(B) | 389814 | &nbsp;&nbsp;&nbsp;&nbsp;22784628 |
| DTE Energy Company (A)(B) | 160000 | &nbsp;&nbsp;&nbsp;&nbsp;22145600 |
| National Grid PLC, ADR | 241583 | &nbsp;&nbsp;&nbsp;&nbsp;17005027 |
| NiSource, Inc. | 480000 | &nbsp;&nbsp;&nbsp;&nbsp;20376000 |
| Public Service Enterprise Group, Inc. (A) | 265000 | &nbsp;&nbsp;&nbsp;&nbsp;23794350 |
| Sempra (A) | 188924 | &nbsp;&nbsp;&nbsp;&nbsp;15431312 |
| **Preferred securities 33.8% (23.2% of Total investments)** |  | &nbsp;&nbsp;**$308717803** |
| (Cost $311,124,519) |  |  |
| **Communication services 0.9%** |  | &nbsp;&nbsp;&nbsp;&nbsp;**8700480** |
| **Wireless telecommunication services 0.9%** | **Wireless telecommunication services 0.9%** |  |
| Telephone & Data Systems, Inc., 6.625% | &nbsp;&nbsp;410400 | &nbsp;&nbsp;&nbsp;&nbsp;8700480 |
| **Financials 24.5%** |  | **223556316** |
| **Banks 12.0%** | **Banks 12.0%** |  |
| Bank of America Corp., 5.000% (A) | &nbsp;&nbsp;124650 | &nbsp;&nbsp;&nbsp;&nbsp;2549093 |
| Bank of America Corp., 7.250% | &nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;8540000 |
| Citizens Financial Group, Inc., 6.500% (6.500% 10-6-30, then 5 Year CMT + 2.629%) | &nbsp;&nbsp;180950 | &nbsp;&nbsp;&nbsp;&nbsp;4536417 |
| Citizens Financial Group, Inc., 7.375% (A) | &nbsp;&nbsp;406650 | &nbsp;&nbsp;&nbsp;10764026 |
| Fifth Third Bancorp, 6.000% (A) | &nbsp;&nbsp;356905 | &nbsp;&nbsp;&nbsp;&nbsp;8704913 |
| First Busey Corp., 8.250% | &nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp;6578000 |
| Huntington Bancshares, Inc., 6.875% (6.875% to 4-15-28, then 5 Year CMT + 2.704%) (A) | &nbsp;&nbsp;320150 | &nbsp;&nbsp;&nbsp;&nbsp;8202243 |
| KeyCorp, 5.650% (A) | &nbsp;&nbsp;116975 | &nbsp;&nbsp;&nbsp;&nbsp;2586317 |
| KeyCorp, 6.200% (6.200% to 12-15-27, then 5 Year CMT + 3.132%) (A) | &nbsp;&nbsp;164050 | &nbsp;&nbsp;&nbsp;&nbsp;4088126 |
| M&T Bank Corp., 7.500% (A) | &nbsp;&nbsp;385000 | &nbsp;&nbsp;&nbsp;10406550 |
| Regions Financial Corp., 4.450% (A) | &nbsp;&nbsp;296634 | &nbsp;&nbsp;&nbsp;&nbsp;5363143 |
| Synovus Financial Corp., 7.922% (3 month CME Term SOFR + 3.614%) (A)(C) | &nbsp;&nbsp;48150 | &nbsp;&nbsp;&nbsp;&nbsp;1235048 |
| Synovus Financial Corp., 8.397% (5 Year CMT + 4.127%) (A)(C) | &nbsp;&nbsp;337150 | &nbsp;&nbsp;&nbsp;&nbsp;8843445 |
| UMB Financial Corp., 7.750% (7.750% to 7-15-30, then 5 Year CMT + 3.743%) (A) | &nbsp;&nbsp;215400 | &nbsp;&nbsp;&nbsp;&nbsp;5643480 |
| Wells Fargo & Company, 7.500% | &nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;13029940 |
| Wintrust Financial Corp., 7.875% (7.875% to 7-15-30, then 5 Year CMT + 3.878%) (A) | &nbsp;&nbsp;327600 | &nbsp;&nbsp;&nbsp;&nbsp;8583120 |
| **Capital markets 3.5%** | **Capital markets 3.5%** |  |
| Carlyle Finance LLC, 4.625% (A) | &nbsp;&nbsp;65274 | &nbsp;&nbsp;&nbsp;&nbsp;1183418 |
| KKR & Company, Inc., 6.250% | &nbsp;&nbsp;79120 | &nbsp;&nbsp;&nbsp;&nbsp;4545444 |
| Morgan Stanley, 6.375% (A) | &nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;7479000 |
| The Bank of New York Mellon Corp., 6.150% (6.150% to 3-20-30, then 5 Year CMT + 2.161%) | &nbsp;&nbsp;336450 | &nbsp;&nbsp;&nbsp;&nbsp;8687139 |
| TPG Operating Group II LP, 6.950% (A) | &nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;10392000 |
| **Consumer finance 1.1%** | **Consumer finance 1.1%** |  |
| Synchrony Financial, 8.250% (8.250% to 5-15-29, then 5 Year CMT + 4.044%) (A) | &nbsp;&nbsp;388900 | &nbsp;&nbsp;&nbsp;10088066 |
| **Financial services 1.7%** | **Financial services 1.7%** |  |
| Apollo Global Management, Inc., 7.625% (7.625% to 12-15-28, then 5 Year CMT + 3.226%) (A) | &nbsp;&nbsp;486000 | &nbsp;&nbsp;&nbsp;12942180 |
| Jackson Financial, Inc., 8.000% (8.000% to 3-30-28, then 5 Year CMT + 3.728%) | &nbsp;&nbsp;91850 | &nbsp;&nbsp;&nbsp;&nbsp;2404633 |
| **Insurance 6.2%** | **Insurance 6.2%** |  |
| American National Group, Inc., 6.625% (6.625% to 9-1-25, then 5 Year CMT + 6.297%) | &nbsp;&nbsp;196400 | &nbsp;&nbsp;&nbsp;&nbsp;4968920 |
| American National Group, Inc., 7.375% | &nbsp;&nbsp;409100 | &nbsp;&nbsp;&nbsp;10350230 |
| Aspen Insurance Holdings, Ltd., 7.000% (A) | &nbsp;&nbsp;319850 | &nbsp;&nbsp;&nbsp;&nbsp;7900295 |
| Athene Holding, Ltd., 6.350% (6.350% to 6-30-29, then 3 month LIBOR + 4.253%) | &nbsp;&nbsp;355787 | &nbsp;&nbsp;&nbsp;&nbsp;8855538 |
| F&G Annuities & Life, Inc., 7.300% | &nbsp;&nbsp;305275 | &nbsp;&nbsp;&nbsp;&nbsp;7360180 |
| Lincoln National Corp., 9.000% (A) | &nbsp;&nbsp;408300 | &nbsp;&nbsp;&nbsp;11158839 |
| The Allstate Corp., 7.375% (A) | &nbsp;&nbsp;207525 | &nbsp;&nbsp;&nbsp;&nbsp;5586573 |
| **Information technology 2.8%** |  | &nbsp;&nbsp;&nbsp;**25330975** |
| **Software 1.9%** | **Software 1.9%** |  |
| MicroStrategy, Inc., 9.000% (A) | &nbsp;&nbsp;83300 | &nbsp;&nbsp;&nbsp;&nbsp;7870184 |

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SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND \| QUARTERLY REPORT 3

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---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information technology (continued)** |  |  |
| **Software (continued)** | **Software (continued)** |  |
| MicroStrategy, Inc., 10.000% (A) | &nbsp;&nbsp;110665 | $9450791 |
| **Technology hardware, storage and peripherals 0.9%** | **Technology hardware, storage and peripherals 0.9%** |  |
| Hewlett Packard Enterprise Company, 7.625% | &nbsp;&nbsp;133500 | &nbsp;&nbsp;&nbsp;8010000 |
| **Utilities 5.6%** |  | **51130032** |
| **Electric utilities 4.9%** | **Electric utilities 4.9%** |  |
| Duke Energy Corp., 5.750% (A) | &nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;4974000 |
| NextEra Energy, Inc., 7.234% | &nbsp;&nbsp;285000 | 12608400 |
| PG&E Corp., 6.000% | &nbsp;&nbsp;162300 | &nbsp;&nbsp;&nbsp;6169023 |
| SCE Trust II, 5.100% | &nbsp;&nbsp;271790 | &nbsp;&nbsp;&nbsp;4476381 |
| SCE Trust VI, 5.000% | &nbsp;&nbsp;135701 | &nbsp;&nbsp;&nbsp;2252637 |
| SCE Trust VII, 7.500% | &nbsp;&nbsp;361525 | &nbsp;&nbsp;&nbsp;8362073 |
| SCE Trust VIII, 6.950% | &nbsp;&nbsp;265825 | &nbsp;&nbsp;&nbsp;5962455 |
| **Gas utilities 0.6%** | **Gas utilities 0.6%** |  |
| Spire, Inc., 5.900% (A) | &nbsp;&nbsp;219650 | &nbsp;&nbsp;&nbsp;5326513 |
| **Multi-utilities 0.1%** | **Multi-utilities 0.1%** |  |
| Sempra, 5.750% (A) | &nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;998550 |

---

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **U.S. Government and Agency obligations 0.5% (0.3% of Total investments)** | **U.S. Government and Agency obligations 0.5% (0.3% of Total investments)** | **U.S. Government and Agency obligations 0.5% (0.3% of Total investments)** |  | &nbsp;&nbsp;**$4486300** |
| (Cost $4,420,000) |  |  |  |  |
| **U.S. Government Agency 0.5%** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**4486300** |
| Farm Credit Bank of Texas |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bond (7.000% to 9-15-30, then 5 Year CMT + 3.010%) (D) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;09-15-30 | &nbsp;&nbsp;&nbsp;&nbsp;4420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4486300 |
| **Corporate bonds 32.5% (22.3% of Total investments)** | **Corporate bonds 32.5% (22.3% of Total investments)** | **Corporate bonds 32.5% (22.3% of Total investments)** |  | &nbsp;&nbsp;**$296976261** |
| (Cost $287,928,542) |  |  |  |  |
| **Communication services 1.3%** | **Communication services 1.3%** |  |  | &nbsp;&nbsp;**11767987** |
| **Wireless telecommunication services 1.3%** | **Wireless telecommunication services 1.3%** | **Wireless telecommunication services 1.3%** |  |  |
| Rogers Communications, Inc. (7.125% to 4-15-35, then 5 Year CMT + 2.620%) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;04-15-55 | 11500000 | &nbsp;&nbsp;&nbsp;&nbsp;11767987 |
| **Energy 1.7%** | **Energy 1.7%** |  |  | &nbsp;&nbsp;**15097849** |
| **Oil, gas and consumable fuels 1.7%** | **Oil, gas and consumable fuels 1.7%** | **Oil, gas and consumable fuels 1.7%** |  |  |
| Venture Global LNG, Inc. (9.000% to 9-30-29, then 5 Year CMT + 5.440%) (D)(E) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;09-30-29 | 15094000 | &nbsp;&nbsp;&nbsp;&nbsp;15097849 |
| **Financials 22.0%** | **Financials 22.0%** |  |  | **201428051** |
| **Banks 17.0%** | **Banks 17.0%** | **Banks 17.0%** |  |  |
| Banco Santander SA (9.625% to 11-21-33, then 5 Year CMT + 5.298%) (D) | &nbsp;&nbsp;9.625 | &nbsp;&nbsp;05-21-33 | 5600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6614003 |
| Bank of America Corp. (5.875% to 3-15-28, then 3 month CME Term SOFR + 3.193%) (A)(B)(D) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;03-15-28 | 3500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3513955 |
| Bank of America Corp. (6.125% to 4-27-27, then 5 Year CMT + 3.231%) (A)(B)(D) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;04-27-27 | 12690000 | &nbsp;&nbsp;&nbsp;&nbsp;12800124 |
| Bank of America Corp. (6.250% to 7-26-30, then 5 Year CMT + 2.351%) (D) | &nbsp;&nbsp;6.250 | &nbsp;&nbsp;07-26-30 | 4500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4484520 |
| Bank of America Corp. (6.625% to 5-1-30, then 5 Year CMT + 2.684%) (D) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;05-01-30 | 9381000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9606641 |
| Barclays PLC (9.625% to 6-15-30, then 5 Year SOFR ICE Swap Rate + 5.775%) (D) | &nbsp;&nbsp;9.625 | &nbsp;&nbsp;12-15-29 | 6760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7635961 |
| Citigroup, Inc. (6.875% to 8-15-30, then 5 Year CMT + 2.890%) (D) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;08-15-30 | 7000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7059500 |
| Citigroup, Inc. (6.950% to 2-15-30, then 5 Year CMT + 2.726%) (A)(B)(D) | &nbsp;&nbsp;6.950 | &nbsp;&nbsp;02-15-30 | 5200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5242130 |
| Citigroup, Inc. (7.375% to 5-15-28, then 5 Year CMT + 3.209%) (A)(B)(D) | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;05-15-28 | 9800000 | &nbsp;&nbsp;&nbsp;&nbsp;10180838 |
| Citigroup, Inc. (7.625% to 11-15-28, then 5 Year CMT + 3.211%) (D) | &nbsp;&nbsp;7.625 | &nbsp;&nbsp;11-15-28 | 11955000 | &nbsp;&nbsp;&nbsp;&nbsp;12471360 |
| Citizens Financial Group, Inc. (3 month CME Term SOFR + 3.265%) (C)(D) | &nbsp;&nbsp;7.550 | &nbsp;&nbsp;10-06-25 | 11000000 | &nbsp;&nbsp;&nbsp;&nbsp;11001661 |
| Citizens Financial Group, Inc. (3 month CME Term SOFR + 3.419%) (C)(D) | &nbsp;&nbsp;7.704 | &nbsp;&nbsp;10-06-25 | 15500000 | &nbsp;&nbsp;&nbsp;&nbsp;15501953 |
| CoBank ACB (6.450% to 10-1-27, then 5 Year CMT + 3.487%) (D) | &nbsp;&nbsp;6.450 | &nbsp;&nbsp;10-01-27 | 5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5031690 |
| CoBank ACB (7.250% to 7-1-29, then 5 Year CMT + 2.880%) (D) | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;07-01-29 | 5250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5397599 |
| JPMorgan Chase & Co. (6.875% to 6-1-29, then 5 Year CMT + 2.737%) (A)(B)(D) | &nbsp;&nbsp;6.875 | &nbsp;&nbsp;06-01-29 | 7820000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8173253 |
| Societe Generale SA (10.000% to 5-14-29, then 5 Year CMT + 5.448%) (D)(E) | &nbsp;&nbsp;10.000 | &nbsp;&nbsp;11-14-28 | 3900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4299274 |
| The PNC Financial Services Group, Inc. (6.000% to 5-15-27, then 5 Year CMT + 3.000%) (D) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;05-15-27 | 10500000 | &nbsp;&nbsp;&nbsp;&nbsp;10520144 |
| Wells Fargo & Company (6.850% to 9-15-29, then 5 Year CMT + 2.767%) (D) | &nbsp;&nbsp;6.850 | &nbsp;&nbsp;09-15-29 | 6500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6732837 |
| Wells Fargo & Company (7.625% to 9-15-28, then 5 Year CMT + 3.606%) (D) | &nbsp;&nbsp;7.625 | &nbsp;&nbsp;09-15-28 | 8624000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9179843 |

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4 JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Rate (%)** | &nbsp;&nbsp;**Maturity date** | **Par value^** | **Value** |
| **Financials (continued)** | **Financials (continued)** |  |  |  |
| **Capital markets 3.7%** | **Capital markets 3.7%** | **Capital markets 3.7%** |  |  |
| State Street Corp. (6.700% to 3-15-29, then 5 Year CMT + 2.613%) (D) | &nbsp;&nbsp;6.700 | &nbsp;&nbsp;03-15-29 | 5244000 | &nbsp;&nbsp;&nbsp;$5406543 |
| The Bank of New York Mellon Corp. (6.300% to 3-20-30, then 5 Year CMT + 2.297%) (A)(B)(D) | &nbsp;&nbsp;6.300 | &nbsp;&nbsp;03-20-30 | 6444000 | &nbsp;&nbsp;&nbsp;&nbsp;6604862 |
| The Goldman Sachs Group, Inc. (6.125% to 11-10-34, then 10 Year CMT + 2.400%) (A)(B)(D) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;11-10-34 | 4664000 | &nbsp;&nbsp;&nbsp;&nbsp;4612047 |
| The Goldman Sachs Group, Inc. (7.500% to 2-10-29, then 5 Year CMT + 3.156%) (D) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;02-10-29 | 7493000 | &nbsp;&nbsp;&nbsp;&nbsp;7914511 |
| The Goldman Sachs Group, Inc. (7.500% to 5-10-29, then 5 Year CMT + 2.809%) (D) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;05-10-29 | 8861000 | &nbsp;&nbsp;&nbsp;&nbsp;9258239 |
| **Insurance 1.3%** | **Insurance 1.3%** | **Insurance 1.3%** |  |  |
| SBL Holdings, Inc. (9.508% to 5-13-30, then 5 Year CMT + 5.580%) (D)(E) | &nbsp;&nbsp;9.508 | &nbsp;&nbsp;05-13-30 | 11975000 | &nbsp;&nbsp;&nbsp;12184563 |
| **Industrials 0.7%** | **Industrials 0.7%** |  |  | &nbsp;&nbsp;**6386141** |
| **Trading companies and distributors 0.7%** | **Trading companies and distributors 0.7%** | **Trading companies and distributors 0.7%** |  |  |
| Air Lease Corp. (6.000% to 12-15-29, then 5 Year CMT + 2.560%) (D) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;09-24-29 | 6501000 | &nbsp;&nbsp;&nbsp;&nbsp;6386141 |
| **Materials 0.9%** | **Materials 0.9%** |  |  | &nbsp;&nbsp;**8451577** |
| **Chemicals 0.9%** | **Chemicals 0.9%** | **Chemicals 0.9%** |  |  |
| FMC Corp. (8.450% to 11-1-30, then 5 Year CMT + 4.366%) | &nbsp;&nbsp;8.450 | &nbsp;&nbsp;11-01-55 | 8175000 | &nbsp;&nbsp;&nbsp;&nbsp;8451577 |
| **Real estate 0.7%** | **Real estate 0.7%** |  |  | &nbsp;&nbsp;**6152619** |
| **Residential REITs 0.7%** | **Residential REITs 0.7%** | **Residential REITs 0.7%** |  |  |
| BW Real Estate, Inc. (9.500% to 3-30-30, then 5 Year CMT + 5.402%) (D)(E) | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;03-30-30 | 6100000 | &nbsp;&nbsp;&nbsp;&nbsp;6152619 |
| **Utilities 5.2%** | **Utilities 5.2%** |  |  | **47692037** |
| **Electric utilities 1.4%** | **Electric utilities 1.4%** | **Electric utilities 1.4%** |  |  |
| NRG Energy, Inc. (10.250% to 3-15-28, then 5 Year CMT + 5.920%) (D)(E) | &nbsp;&nbsp;10.250 | &nbsp;&nbsp;03-15-28 | 11825000 | &nbsp;&nbsp;&nbsp;13015970 |
| **Gas utilities 0.4%** | **Gas utilities 0.4%** | **Gas utilities 0.4%** |  |  |
| Northwest Natural Holding Company (7.000% to 9-15-35, then 5 Year CMT + 2.701%) (A)(B) | &nbsp;&nbsp;7.000 | &nbsp;&nbsp;09-15-55 | 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;4067076 |
| **Independent power and renewable electricity producers 3.4%** | **Independent power and renewable electricity producers 3.4%** | **Independent power and renewable electricity producers 3.4%** |  |  |
| The AES Corp. (7.600% to 1-15-30, then 5 Year CMT + 3.201%) | &nbsp;&nbsp;7.600 | &nbsp;&nbsp;01-15-55 | 10946000 | &nbsp;&nbsp;&nbsp;11055941 |
| Vistra Corp. (8.000% to 10-15-26, then 5 Year CMT + 6.930%) (D)(E) | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;10-15-26 | 6710000 | &nbsp;&nbsp;&nbsp;&nbsp;6849004 |
| Vistra Corp. (8.875% to 1-15-29, then 5 Year CMT + 5.045%) (D)(E) | &nbsp;&nbsp;8.875 | &nbsp;&nbsp;01-15-29 | 11722000 | &nbsp;&nbsp;&nbsp;12704046 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Yield (%)** | **Shares** | **Value** |
| **Short-term investments 0.0% (0.0% of Total investments)** | **Short-term investments 0.0% (0.0% of Total investments)** | **Short-term investments 0.0% (0.0% of Total investments)** | **$437818** |
| (Cost $437,805) |  |  |  |
| **Short-term funds 0.0%** |  |  | &nbsp;&nbsp;&nbsp;**437818** |
| John Hancock Collateral Trust (F) | &nbsp;&nbsp;4.2650(G) | 43774 | &nbsp;&nbsp;&nbsp;&nbsp;437818 |

---

---

| | |
|:---|:---|
| **Total investments (Cost $1,087,771,084) 146.0%** | **$1334093104** |
| **Other assets and liabilities, net (46.0%)** | **(420329636)** |
| **Total net assets 100.0%** | **$913763468** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated. | The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated. |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ^All par values are denominated in U.S. dollars unless otherwise indicated. |
| **Security Abbreviations and Legend** | **Security Abbreviations and Legend** |
| ADR | American Depositary Receipt |
| CME | CME Group Published Rates |
| CMT | Constant Maturity Treasury |
| ICE | Intercontinental Exchange |
| LIBOR | London Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |
| (A) | All or a portion of this security is pledged as collateral pursuant to the Liquidity Agreement. Total collateral value at 7-31-25 was $672,752,292. |
| (B) | All or a portion of this security is on loan as of 7-31-25, and is a component of the fund's leverage under the Liquidity Agreement. The value of securities on loan amounted to $177,443,640. |
| (C) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
| (D) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
| (E) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
| (F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
| (G) | The rate shown is the annualized seven-day yield as of 7-31-25. |

---

SEE NOTES TO FUND'S INVESTMENTS JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND \| QUARTERLY REPORT 5

------

#### DERIVATIVES

#### SWAPS

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** | **Interest rate swaps** |
| **Counterparty (OTC)/<br> Centrally cleared** | &nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;**Currency** | &nbsp;&nbsp;**Payments<br> made** | &nbsp;&nbsp;**Payments<br> received** | &nbsp;&nbsp;**Fixed<br> payment<br> frequency** | &nbsp;&nbsp;**Floating<br> payment<br> frequency** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Unamortized<br> upfront<br> payment<br> paid<br> (received)** | &nbsp;&nbsp;**Unrealized<br> appreciation<br> (depreciation)** | &nbsp;&nbsp;**Value** |
| Centrally cleared | &nbsp;&nbsp;210000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 3.662% | &nbsp;&nbsp;&nbsp;&nbsp;USD SOFR Compounded OIS<sup>(a)</sup> | &nbsp;&nbsp;Semi Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;May 2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$1134210 | &nbsp;&nbsp;&nbsp;$1134210 |
| Centrally cleared | &nbsp;&nbsp;104500000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 3.473% | &nbsp;&nbsp;&nbsp;&nbsp;USD SOFR Compounded OIS<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;May 2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768155 |
| Centrally cleared | &nbsp;&nbsp;&nbsp;52200000 | &nbsp;&nbsp;USD | &nbsp;&nbsp;Fixed 3.817% | &nbsp;&nbsp;&nbsp;&nbsp;USD SOFR Compounded OIS<sup>(a)</sup> | &nbsp;&nbsp;Semi-Annual | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;Dec 2026 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79696 |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;**—** | &nbsp;&nbsp;**$1982061** | &nbsp;&nbsp;**$1982061** |

---

<sup>(a)</sup> At 7-31-25, the overnight SOFR was 4.390%.

---

| | |
|:---|:---|
| **Derivatives Currency Abbreviations** | **Derivatives Currency Abbreviations** |
| USD | U.S. Dollar |

---

---

| | |
|:---|:---|
| **Derivatives Abbreviations** | **Derivatives Abbreviations** |
| OIS | Overnight Index Swap |
| OTC | Over-the-counter |
| SOFR | Secured Overnight Financing Rate |

---

6 JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND \| QUARTERLY REPORT SEE NOTES TO FUND'S INVESTMENTS

------

Notes to Fund's investments (unaudited)

**Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund's valuation designee.**

In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Swaps are generally valued using evaluated prices obtained from an independent pricing vendor.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed.

The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the fund's investments as of July 31, 2025, by major security category or type:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> value at<br> 7-31-25** | **Level 1<br> quoted<br> price** | **Level 2<br> significant<br> observable<br> inputs** | **Level 3<br> significant<br> unobservable<br> inputs** |
| **Investments in securities:** |  |  |  |  |
| **Assets** |  |  |  |  |
| **Common stocks** | **$723474922** | $723474922 |  |  |
| **Preferred securities** | **308717803** | 308717803 |  |  |
| **U.S. Government and Agency obligations** | **4486300** |  | $4486300 |  |
| **Corporate bonds** | **296976261** |  | 296976261 |  |
| **Short-term investments** | **437818** | 437818 |  |  |
| **Total investments in securities** | **$1334093104** | **$1032630543** | **$301462561** | **—** |
| **Derivatives:** |  |  |  |  |
| **Assets** |  |  |  |  |
| Swap contracts | **$1982061** |  | $1982061 |  |

---

**Investment in affiliated underlying funds. The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund's fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | **Dividends and distributions** | **Dividends and distributions** |  |
| **Affiliate** | **Ending<br> share<br> amount** | **Beginning<br> value** | **Cost of<br> purchases** | **Proceeds<br> from shares<br> sold** | **Realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Income<br> distributions<br> received** | **Capital gain<br> distributions<br> received** | **Ending<br> value** |
| John Hancock Collateral Trust | 43774 | $1834019 | $196014376 | $(197409954) | $(626) | $3 | $268655 |  | $437818 |

---

For additional information on the fund's significant accounting policies and risks, please refer to the fund's most recent semiannual or annual shareholder report and prospectus.

\|<sub>7</sub>

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** John Hancock Tax-Advantaged Dividend Income Fund

- **b. Investment Company Act file number:** 811-21416

- **c. CIK number of Registrant:** 0001260041

- **d. LEI of Registrant:** 5493001RMBJ8FL02CN30

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 200 Berkeley Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02116

  - **Telephone number:** 617-543-9634

**Item A.2. Information about the Series.**

- **a. Name of Series:** John Hancock Tax-Advantaged Dividend Income Fund

- **c. LEI of Series:** 5493001RMBJ8FL02CN30

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1346620661.06

**Total Liabilities:** $432843638.73

**Net Assets:** $913777022.33

**Cash Not Reported:** $172527.25

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -764.724762000000 | **1-Year:** -19986.931557000000 | **5-Year:** -48142.259787000000 | **10-Year:** -35517.350707000000 | **30-Year:** -30310.094805000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -732.459458000000 | **1-Year:** -23004.680384000000 | **5-Year:** -56523.184584000000 | **10-Year:** -27961.594247000000 | **30-Year:** -13770.866978000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.26%                | 2.03%                | 4.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4134572.89              | $3419083.28                                |
| Month 2  | $523670.37               | $8789836.20                                |
| Month 3  | $-3762786.11             | $31560717.32                               |

**Designated Index Information**

- **Index Name:** Fund's Designated Reference Portfolio is the Fund's Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                         | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Huntington Bancshares Incorporated           | HUNTINGTON BANCSHARES INC/OH PREFFERD STOCK               | CUSIP: 446150773<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |    320150 | NS      | $8202243.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc.                       | JACKSON FINANCIAL INC PREFERRED STOCK VAR                 | CUSIP: 46817M206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     91850 | NS      | $2404633.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc.                        | KINETIK HOLDINGS INC COMMON STOCK USD.0001                | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    255000 | NS      | $11061900.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corporation                           | AMEREN CORP COMMON STOCK USD.01                           | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    265000 | NS      | $26799450.00  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Company Inc.         | AMERICAN ELECTRIC POWER CO INC COMMON STOCK USD6.5        | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |    295000 | NS      | $33376300.00  | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                           | BANCO SANTANDER SA JR SUBORDINA 12/99 VAR                 | CUSIP: 05971KAQ2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   5600000 | PA      | $6614003.20   | 0.72%             | 2033-05-21      | Variable      | 9.62%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                  | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR               | CUSIP: 060505FL3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3513954.50   | 0.38%             | 2028-03-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                  | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR               | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  12690000 | PA      | $12800123.82  | 1.40%             | 2027-04-27      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                  | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR               | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   9381000 | PA      | $9606641.19   | 1.05%             | 2030-05-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                  | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR               | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4484519.69   | 0.49%             | 2030-07-26      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation      | BANK OF NEW YORK MELLON CORP/T PREFERRED STOCK VAR        | CUSIP: 064058845<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |    336450 | NS      | $8687139.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation      | BANK OF NEW YORK MELLON CORP/T JR SUBORDINA 12/99 VAR     | CUSIP: 064058AN0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   6444000 | PA      | $6604861.57   | 0.72%             | 2030-03-20      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                            | CROWN CASTLE INC REIT USD.01                              | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |    126243 | NS      | $13266876.87  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Company                           | DTE ENERGY CO COMMON STOCK                                | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |    160000 | NS      | $22145600.00  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc.                         | DOMINION ENERGY INC COMMON STOCK                          | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    389814 | NS      | $22784628.30  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corporation                      | DUKE ENERGY CORP COMMON STOCK USD.001                     | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    240000 | NS      | $29193600.00  | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Algonquin Power and Utilities Corp.          | ALGONQUIN POWER and UTILITIES CO COMMON STOCK             | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |   2145700 | NS      | $12659630.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corporation                   | ALLIANT ENERGY CORP COMMON STOCK USD.01                   | CUSIP: 018802108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    320000 | NS      | $20803200.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                     | ALLSTATE CORP/THE PREFFERD STOCK                          | CUSIP: 020002788<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |    207525 | NS      | $5586573.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CoBank ACB                                   | COBANK ACB JR SUBORDINA 12/99 VAR                         | CUSIP: 19075QAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5250000 | PA      | $5397598.50   | 0.59%             | 2029-07-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Columbia Banking System Inc.                 | COLUMBIA BANKING SYSTEM INC COMMON STOCK                  | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    368333 | NS      | $8766325.40   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| The Goldman Sachs Group Inc.                 | GOLDMAN SACHS GROUP INC/THE JR SUBORDINA 12/99 VAR        | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4664000 | PA      | $4612046.77   | 0.50%             | 2034-11-10      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Company           | HEWLETT PACKARD ENTERPRISE CO PREFERRED STOCK 09/27 7.625 | CUSIP: 42824C208<br>LEI: 549300BX44RGX6ANDV88 | Long             | EP               | CORP              | US        |    133500 | NS      | $8010000.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase and Co.                       | JPMORGAN CHASE and CO JR SUBORDINA 12/99 VAR              | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   7820000 | PA      | $8173252.86   | 0.89%             | 2029-06-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| KKR and Co. Inc.                             | KKR and CO INC PREFERRED STOCK 03/28 6.25                 | CUSIP: 48251W500<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     79120 | NS      | $4545444.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                      | KEYCORP PREFERRED STOCK VAR                               | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    164050 | NS      | $4088126.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                      | KEYCORP PREFERRED STOCK 5.65                              | CUSIP: 493267876<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    116975 | NS      | $2586317.25   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc.                           | KINDER MORGAN INC COMMON STOCK USD.01                     | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |   1085000 | NS      | $30445100.00  | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corporation                 | LINCOLN NATIONAL CORP PREFERRED STOCK 9                   | CUSIP: 534187885<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EP               | CORP              | US        |    408300 | NS      | $11158839.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MandT Bank Corporation                       | MandT BANK CORP PREFERRED STOCK 7.5                       | CUSIP: 55261F864<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    385000 | NS      | $10406550.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Incorporated                   | MICROSTRATEGY INC PREFERRED STOCK 9                       | CUSIP: 594972853<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |     83300 | NS      | $7870184.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Incorporated                   | MICROSTRATEGY INC PREFERRED STOCK 10                      | CUSIP: 594972861<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |    110665 | NS      | $9450791.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                       | SEMPRA COMMON STOCK                                       | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    188924 | NS      | $15431312.32  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                       | SEMPRA PREFERRED STOCK 07/79 5.75                         | CUSIP: 816851604<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EP               | CORP              | US        |     45000 | NS      | $998550.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale                             | SOCIETE GENERALE SA JR SUBORDINA 144A 12/99 VAR           | CUSIP: 83371GAA9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   3900000 | PA      | $4299274.20   | 0.47%             | 2028-11-14      | Variable      | 10.00%                | No            |                  2 | On Loan: No      |
| South Bow Corporation                        | SOUTH BOW CORP COMMON STOCK NPV                           | CUSIP: 83671M105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    555000 | NS      | $14574300.00  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| The Southern Company                         | SOUTHERN CO/THE COMMON STOCK USD5.0                       | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    194925 | NS      | $18416514.00  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc.                                   | SPIRE INC COMMON STOCK USD1.0                             | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |    235000 | NS      | $17500450.00  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc.                                   | SPIRE INC PREFERRED STOCK 5.9                             | CUSIP: 84857L309<br>LEI: 549300NXSY15DRY2R511 | Long             | EP               | CORP              | US        |    219650 | NS      | $5326512.50   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corporation                     | STATE STREET CORP JR SUBORDINA 12/99 VAR                  | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   5244000 | PA      | $5406543.02   | 0.59%             | 2029-03-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Synovus Financial Corp.                      | SYNOVUS FINANCIAL CORP PREFERRED STOCK VAR                | CUSIP: 87161C600<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               | CORP              | US        |     48150 | NS      | $1235047.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp.                      | SYNOVUS FINANCIAL CORP PREFERRED STOCK VAR                | CUSIP: 87161C709<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               | CORP              | US        |    337150 | NS      | $8843444.50   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                          | SYNCHRONY FINANCIAL PREFERRED STOCK VAR                   | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |    388900 | NS      | $10088066.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global LNG Inc.                      | VENTURE GLOBAL LNG INC JR SUBORDINA 144A 12/99 VAR        | CUSIP: 92332YAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15094000 | PA      | $15097848.97  | 1.65%             | 2029-09-30      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                  | VERIZON COMMUNICATIONS INC COMMON STOCK USD.1             | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    704432 | NS      | $30121512.32  | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                 | VISTRA CORP JR SUBORDINA 144A VAR                         | CUSIP: 92840MAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6710000 | PA      | $6849004.36   | 0.75%             | 2026-10-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Vistra Corp.                                 | VISTRA CORP JR SUBORDINA 144A 12/99 VAR                   | CUSIP: 92840MAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11722000 | PA      | $12704045.72  | 1.39%             | 2029-01-15      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| BW Real Estate Inc.                          | BW REAL ESTATE INC 144A 12/99 VAR                         | CUSIP: 05614HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6100000 | PA      | $6152618.60   | 0.67%             | 2030-03-30      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                  | BANK OF AMERICA CORP PREFERRED STOCK 7.25                 | CUSIP: 060505682<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      7000 | NS      | $8540000.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corporation                  | BANK OF AMERICA CORP PREFERRED STOCK 5                    | CUSIP: 06055H202<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    124650 | NS      | $2549092.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                 | BARCLAYS PLC JR SUBORDINA 12/99 VAR                       | CUSIP: 06738ECN3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   6760000 | PA      | $7635960.80   | 0.84%             | 2029-12-15      | Variable      | 9.62%                 | No            |                  2 | On Loan: No      |
| The Goldman Sachs Group Inc.                 | GOLDMAN SACHS GROUP INC/THE JR SUBORDINA 12/99 VAR        | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   8861000 | PA      | $9258238.63   | 1.01%             | 2029-05-10      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Incorporated           | HUNTINGTON BANCSHARES INC/OH COMMON STOCK USD.01          | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    800000 | NS      | $13144000.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| The AES Corporation                          | AES CORP/THE COMMON STOCK USD.01                          | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |   1058023 | NS      | $13913002.45  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| The AES Corporation                          | AES CORP/THE JR SUBORDINA 01/55 VAR                       | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |  10946000 | PA      | $11055940.86  | 1.21%             | 2055-01-15      | Variable      | 7.60%                 | No            |                  2 | On Loan: No      |
| American National Group Inc.                 | AMERICAN NATIONAL GROUP INC PREFERRED STOCK 7.375         | CUSIP: 025676859<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |    409100 | NS      | $10350230.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| American National Group Inc.                 | AMERICAN NATIONAL GROUP INC PREFERRED STOCK VAR           | CUSIP: 025676867<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |    196400 | NS      | $4968920.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc.                | APOLLO GLOBAL MANAGEMENT INC PREFERRED STOCK 09/53 VAR    | CUSIP: 03769M205<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    486000 | NS      | $12942180.00  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Athene Holding Ltd.                          | ATHENE HOLDING LTD PREFERRED STOCK VAR                    | CUSIP: 04686J861<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |    355787 | NS      | $8855538.43   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BP P.L.C.                                    | BP PLC ADR                                                | CUSIP: 055622104<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    765450 | NS      | $24609217.50  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corporation                      | DUKE ENERGY CORP PREFERRED STOCK 5.75                     | CUSIP: 26441C501<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EP               | CORP              | US        |    200000 | NS      | $4974000.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                | ENBRIDGE INC COMMON STOCK                                 | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |    347106 | NS      | $15720430.74  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corporation                          | ENTERGY CORP COMMON STOCK USD.01                          | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    297000 | NS      | $26857710.00  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc.                                  | EVERGY INC COMMON STOCK                                   | CUSIP: 30034W106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    295000 | NS      | $20886000.00  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                            | EVERSOURCE ENERGY COMMON STOCK USD5.0                     | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |    298227 | NS      | $19712804.70  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corporation                           | EXELON CORP COMMON STOCK                                  | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    280000 | NS      | $12583200.00  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ATandT Inc.                                  | ATandT INC COMMON STOCK USD1.0                            | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    976849 | NS      | $26775431.09  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corporation                        | AIR LEASE CORP JR SUBORDINA 12/99 VAR                     | CUSIP: 00912XBQ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6501000 | PA      | $6386141.11   | 0.70%             | 2029-09-24      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Inc.                          | NEXTERA ENERGY INC PREFERRED STOCK 11/27 7.234            | CUSIP: 65339F119<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    285000 | NS      | $12608400.00  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc.                                | NISOURCE INC COMMON STOCK USD.01                          | CUSIP: 65473P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    480000 | NS      | $20376000.00  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Company            | NORTHWEST NATURAL HOLDING CO JR SUBORDINA 09/55 VAR       | CUSIP: 66765NAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4067076.00   | 0.45%             | 2055-09-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| OGE Energy Corp.                             | OGE ENERGY CORP COMMON STOCK USD.01                       | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    580000 | NS      | $26343600.00  | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc.                                   | ONEOK INC COMMON STOCK USD.01                             | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    135000 | NS      | $11084850.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PGandE Corporation                           | PGandE CORP PREFERRED STOCK 12/27 6                       | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |    162300 | NS      | $6169023.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| The PNC Financial Services Group Inc.        | PNC FINANCIAL SERVICES GROUP I JR SUBORDINA 12/99 VAR     | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  10500000 | PA      | $10520144.25  | 1.15%             | 2027-05-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| PPL Corporation                              | PPL CORP COMMON STOCK USD.01                              | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    700000 | NS      | $24983000.00  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.             | PHILIP MORRIS INTERNATIONAL IN COMMON STOCK               | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     75500 | NS      | $12385775.00  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corporation            | PINNACLE WEST CAPITAL CORP COMMON STOCK                   | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     80000 | NS      | $7249600.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Incorporated | PUBLIC SERVICE ENTERPRISE GROU COMMON STOCK               | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |    265000 | NS      | $23794350.00  | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation                | REGIONS FINANCIAL CORP PREFERRED STOCK 4.45               | CUSIP: 7591EP886<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    296634 | NS      | $5363142.72   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc.                   | ROGERS COMMUNICATIONS INC SUBORDINATED 04/55 VAR          | CUSIP: 775109DH1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  11500000 | PA      | $11767986.80  | 1.29%             | 2055-04-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Wells Fargo and Company                      | WELLS FARGO and CO JR SUBORDINA 12/99 VAR                 | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6732836.50   | 0.74%             | 2029-09-15      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Wintrust Financial Corporation               | WINTRUST FINANCIAL CORP PREFERRED STOCK VAR               | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |    327600 | NS      | $8583120.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc.                             | XCEL ENERGY INC COMMON STOCK USD2.5                       | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    207000 | NS      | $15202080.00  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Insurance Holdings Limited             | ASPEN INSURANCE HOLDINGS LTD PREFERRED STOCK 7            | CUSIP: EP0607309<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EP               | CORP              | BM        |    319850 | NS      | $7900295.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE Trust VII                                | SCE TRUST VII PREFERRED STOCK 7.5                         | CUSIP: 783892201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    361525 | NS      | $8362073.25   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SBL Holdings LLC                             | SBL HOLDINGS INC JR SUBORDINA 144A VAR                    | CUSIP: 78397DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11975000 | PA      | $12184562.50  | 1.33%             | 2030-05-13      | Variable      | 9.51%                 | No            |                  2 | On Loan: No      |
| SCE Trust II                                 | SCE TRUST II PREFERRED STOCK 5.1                          | CUSIP: 78407R204<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    340408 | NS      | $5606519.76   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE Trust VI                                 | SCE TRUST VI PREFERRED STOCK 5                            | CUSIP: 78410V200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    135701 | NS      | $2252636.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE Trust VIII                               | SCE TRUST VIII PREFFERD STOCK                             | CUSIP: 80620A208<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    265825 | NS      | $5962454.75   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc.                     | MILLROSE PROPERTIES INC REIT USD.01                       | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    325000 | NS      | $9746750.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                               | MORGAN STANLEY PREFERRED STOCK VAR                        | CUSIP: 61761J406<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    300000 | NS      | $7479000.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc.                              | NRG ENERGY INC JR SUBORDINA 144A 12/99 VAR                | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |  11825000 | PA      | $13015970.01  | 1.42%             | 2028-03-15      | Variable      | 10.25%                | No            |                  2 | On Loan: No      |
| National Grid plc                            | NATIONAL GRID PLC ADR                                     | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    241583 | NS      | $17005027.37  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corporation                      | BLACK HILLS CORP COMMON STOCK USD1.0                      | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    319775 | NS      | $18476599.50  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Finance L.L.C.                       | CARLYLE FINANCE LLC PREFERRED STOCK 05/61 4.625           | CUSIP: 14314C105<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     65274 | NS      | $1183417.62   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                               | CITIGROUP INC JR SUBORDINA 12/99 VAR                      | CUSIP: 172967PC9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   9800000 | PA      | $10180837.80  | 1.11%             | 2028-05-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                               | CITIGROUP INC JR SUBORDINA 12/99 VAR                      | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  11955000 | PA      | $12471360.36  | 1.36%             | 2028-11-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                               | CITIGROUP INC JR SUBORDINA 12/99 VAR                      | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5242130.40   | 0.57%             | 2030-02-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                               | CITIGROUP INC JR SUBORDINA 12/99 VAR                      | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7059500.00   | 0.77%             | 2030-08-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc.                | CITIZENS FINANCIAL GROUP INC PREFERRED STOCK 7.375        | CUSIP: 174610600<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    406650 | NS      | $10764025.50  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc.                | CITIZENS FINANCIAL GROUP INC PREFERRED STOCK VAR          | CUSIP: 174610808<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    180950 | NS      | $4536416.50   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc.                | CITIZENS FINANCIAL GROUP INC JR SUBORDINA 12/99 VAR       | CUSIP: 174610AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11000000 | PA      | $11001661.00  | 1.20%             | 2025-10-06      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc.                | CITIZENS FINANCIAL GROUP INC JR SUBORDINA 12/99 VAR       | CUSIP: 174610AQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15500000 | PA      | $15501953.00  | 1.70%             | 2025-10-06      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| CoBank ACB                                   | COBANK ACB JR SUBORDINA 12/99 VAR                         | CUSIP: 19075QAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5031690.00   | 0.55%             | 2027-10-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| FandG Annuities and Life Inc.                | FandG ANNUITIES and LIFE INC PREFERRED STOCK 01/65 7.3    | CUSIP: 30190A609<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    305275 | NS      | $7360180.25   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corporation                              | FMC CORP SUBORDINATED 11/55 VAR                           | CUSIP: 302491AZ8<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   8175000 | PA      | $8451576.60   | 0.92%             | 2055-11-01      | Variable      | 8.45%                 | No            |                  2 | On Loan: No      |
| Farm Credit Bank of Texas                    | FARM CREDIT BANK OF TEXAS JR SUBORDINA 12/99 VAR          | CUSIP: 30767EAF6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   4420000 | PA      | $4486300.04   | 0.49%             | 2173-09-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                          | FIFTH THIRD BANCORP PREFERRED STOCK 6                     | CUSIP: 316773886<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |    356905 | NS      | $8704912.95   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| First Busey Corporation                      | FIRST BUSEY CORP PREFERRED STOCK 8.25                     | CUSIP: 319383600<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EP               | CORP              | US        |    260000 | NS      | $6578000.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                            | FIRSTENERGY CORP COMMON STOCK USD.1                       | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    510000 | NS      | $21782100.00  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| The Goldman Sachs Group Inc.                 | GOLDMAN SACHS GROUP INC/THE JR SUBORDINA 12/99 VAR        | CUSIP: 38141GA38<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7493000 | PA      | $7914511.22   | 0.87%             | 2029-02-10      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| TPG Operating Group II L.P.                  | TPG OPERATING GROUP II LP PREFERRED STOCK 03/64 6.95      | CUSIP: 872652102<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    400000 | NS      | $10392000.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc.              | TELEPHONE AND DATA SYSTEMS INC PREFERRED STOCK 6.625      | CUSIP: 879433787<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    410400 | NS      | $8700480.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corporation                              | UGI CORP COMMON STOCK                                     | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    215000 | NS      | $7778700.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corporation                    | UMB FINANCIAL CORP PREFERRED STOCK VAR                    | CUSIP: 902788405<br>LEI: 549300MGEH3N3CUCV828 | Long             | EP               | CORP              | US        |    215400 | NS      | $5643480.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale S.A.                                    | VALE SA ADR                                               | CUSIP: 91912E105<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    600000 | NS      | $5718000.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo and Company                      | WELLS FARGO and CO PREFERRED STOCK 7.5                    | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     11000 | NS      | $13029940.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo and Company                      | WELLS FARGO and CO JR SUBORDINA 12/99 VAR                 | CUSIP: 95002YAA1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   8624000 | PA      | $9179842.67   | 1.00%             | 2028-09-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| JH COLLATERAL                                | JH COLLATERAL                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |     43767 | NS      | $437748.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| IRS USD P 3.47 20230510-20260510             | IRS USD P 3.47 20230510-20260510                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        | 104500000 | PA      | $544591.30    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 3.66 20230503-20260503             | IRS USD P 3.66 20230503-20260503                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        | 210000000 | PA      | $789495.00    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 3.82 20231226-20261226             | IRS USD P 3.82 20231226-20261226                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  52200000 | PA      | $46400.58     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** John Hancock Tax-Advantaged Dividend Income Fund

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer