HTD (John Hancock Tax-advantaged Div Fd) Return-on-Tangible-Asset: 13.18% (As of Apr. 2026) — 98% Above Median


HTD John Hancock Tax-advantaged Div Inc Fd HTD
32 GF Score
Price $25.87
! 6 Warning Signs
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What is John Hancock Tax-advantaged Div Fd Return-on-Tangible-Asset?

John Hancock Tax-advantaged Div Fd HTD -0.04% 32 Return-on-Tangible-Asset is 13.18% as of Apr. 2026, which is 98% above its 10-year median of 6.65. GuruFocus rates HTD with a GF Score™ of 32/100. The stock has 6 warning signs investors should review. Among 1,635 Asset Management companies, John Hancock Tax-advantaged Div Fd ranks better than 75.96% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. John Hancock Tax-advantaged Div Fd's annualized Net Income for the quarter that ended in Apr. 2026 was $182.6 Mil. John Hancock Tax-advantaged Div Fd's average total tangible assets for the quarter that ended in Apr. 2026 was $1,385.2 Mil. Therefore, John Hancock Tax-advantaged Div Fd's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 13.18%.

The historical rank and industry rank for John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Asset or its related term are showing as below:

HTD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.68   Med: 6.65   Max: 21.82
Current: 12.63

During the past 9 years, John Hancock Tax-advantaged Div Fd's highest Return-on-Tangible-Asset was 21.82%. The lowest was -9.68%. And the median was 6.65%.

HTD's Return-on-Tangible-Asset is ranked better than
75.96% of 1635 companies
in the Asset Management industry
Industry Median: 4.23 vs HTD: 12.63

John Hancock Tax-advantaged Div Fd  (NYSE:HTD) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


John Hancock Tax-advantaged Div Fd Return-on-Tangible-Asset Related Terms


John Hancock Tax-advantaged Div Fd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

John Hancock Tax-advantaged Div Fd Return-on-Tangible-Asset Chart

John Hancock Tax-advantaged Div Fd Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 14.56 -2.10 -6.09 21.82 7.96

John Hancock Tax-advantaged Div Fd Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.82 21.92 3.95 12.07 13.18

HTD vs STK, NXP, KBDC: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Hancock Tax-advantaged Div Fd Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Asset falls into.


HTD
32GF Score
John Hancock Tax-advantaged Div Inc Fd HTD
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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John Hancock Tax-advantaged Div Fd Return-on-Tangible-Asset Calculation

John Hancock Tax-advantaged Div Fd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=105.348/( (1297.407+1350.108)/ 2 )
=105.348/1323.7575
=7.96 %

John Hancock Tax-advantaged Div Fd's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=182.594/( (1350.108+1420.255)/ 2 )
=182.594/1385.1815
=13.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Apr. 2026) net income data.

What does a Return-on-Tangible-Asset of 13.18% mean?
John Hancock Tax-advantaged Div Fd (HTD) has a Return-on-Tangible-Asset of 13.18% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on John Hancock Tax-advantaged Div Fd and its competitors. This is 98% above median its historical median of 6.65. According to the industry distribution chart, John Hancock Tax-advantaged Div Fd ranks #393 out of 1635 companies in the Asset Management industry, placing it in the top 24%.
Is John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Asset too high?
John Hancock Tax-advantaged Div Fd's current Return-on-Tangible-Asset of 13.18% is 98% above median its 10-year median of 6.65. The Asset Management industry median Return-on-Tangible-Asset is 4.23. John Hancock Tax-advantaged Div Fd's value of 13.18% is 211.6% above this industry median. Based on the distribution chart, John Hancock Tax-advantaged Div Fd ranks #393 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, John Hancock Tax-advantaged Div Fd has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Asset compare to STK and NXP?
According to the Asset Management industry distribution chart, John Hancock Tax-advantaged Div Fd ranks #393 out of 1635 companies for Return-on-Tangible-Asset. This places John Hancock Tax-advantaged Div Fd in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.23. John Hancock Tax-advantaged Div Fd's value of 13.18% is 211.6% above this benchmark. While the company's 10-year median is 6.65 vs. the industry median of 4.23, John Hancock Tax-advantaged Div Fd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. John Hancock Tax-advantaged Div Fd's current Return-on-Tangible-Asset of 13.18% is 211.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on John Hancock Tax-advantaged Div Fd and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Tax-advantaged Div Fd's current Return-on-Tangible-Asset is 13.18%, which is 98% above median its own 10-year median of 6.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Tax-advantaged Div Fd stock overvalued right now?
John Hancock Tax-advantaged Div Fd (HTD) has a current Return-on-Tangible-Asset of 13.18%. The current Return-on-Tangible-Asset is 13.18%, which is 98% above median its 10-year median of 6.65 and 211.6% above the Asset Management industry median of 4.23. John Hancock Tax-advantaged Div Fd's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For John Hancock Tax-advantaged Div Fd (HTD), the current Return-on-Tangible-Asset is 13.18% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

John Hancock Tax-advantaged Div Fd Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Tax-advantaged Div Inc Fd is a closed-end, diversified management investment company. Its investment objective is to provide a high after-tax total return from dividend income and capital appreciation. The fund's portfolio composition consists of common stocks, preferred securities, corporate bonds, convertible bonds, and short-term investments. Its sector composition comprises utilities, financials, energy, communication services, materials, healthcare, real estate, consumer Staples, and short-term investments.
32GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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