John Hancock Tax-advantaged Div FdHTD -0.04%32 Return-on-Tangible-Equity is 19.24% as of Apr. 2026, which is 98% above its 10-year median of 9.71. GuruFocus rates HTD with a GF Score™ of 32/100. The stock has 6 warning signs investors should review. Among 1,591 Asset Management companies, John Hancock Tax-advantaged Div Fd ranks better than 76.05% on this metric.
The historical rank and industry rank for John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Equity or its related term are showing as below:
HTD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.57 Med: 9.71 Max: 33.68
Current: 18.52
During the past 9 years, John Hancock Tax-advantaged Div Fd's highest Return-on-Tangible-Equity was 33.68%. The lowest was -14.57%. And the median was 9.71%.
HTD's Return-on-Tangible-Equity is ranked better than 76.05% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs HTD: 18.52
John Hancock Tax-advantaged Div Fd (NYSE:HTD) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
John Hancock Tax-advantaged Div Fd Return-on-Tangible-Equity Related Terms
John Hancock Tax-advantaged Div Fd Return-on-Tangible-Equity Historical Data
* 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-Equity Chart
HTD vs STK, NXP, KBDC: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Equity falls into.
* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.24% mean?
John Hancock Tax-advantaged Div Fd (HTD) has a Return-on-Tangible-Equity of 19.24% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on John Hancock Tax-advantaged Div Fd and its competitors. This is 98% above median its historical median of 9.71. According to the industry distribution chart, John Hancock Tax-advantaged Div Fd ranks #381 out of 1591 companies in the Asset Management industry, placing it in the top 23.9%.
Is John Hancock Tax-advantaged Div Fd's Return-on-Tangible-Equity too high?
John Hancock Tax-advantaged Div Fd's current Return-on-Tangible-Equity of 19.24% is 98% above median its 10-year median of 9.71. The Asset Management industry median Return-on-Tangible-Equity is 7.21. John Hancock Tax-advantaged Div Fd's value of 19.24% is 166.9% above this industry median. Based on the distribution chart, John Hancock Tax-advantaged Div Fd ranks #381 out of 1591 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-Equity compare to STK and NXP?
According to the Asset Management industry distribution chart, John Hancock Tax-advantaged Div Fd ranks #381 out of 1591 companies for Return-on-Tangible-Equity. 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-Equity is 7.21. John Hancock Tax-advantaged Div Fd's value of 19.24% is 166.9% above this benchmark. While the company's 10-year median is 9.71 vs. the industry median of 7.21, 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 19.24% is 166.9% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on John Hancock Tax-advantaged Div Fd and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — 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-Equity is 19.24%, which is 98% above median its own 10-year median of 9.71. 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-Equity of 19.24%. The current Return-on-Tangible-Equity is 19.24%, which is 98% above median its 10-year median of 9.71 and 166.9% above the Asset Management industry median of 7.21. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For John Hancock Tax-advantaged Div Fd (HTD), the current Return-on-Tangible-Equity is 19.24% 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
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
Get the complete analysis for HTD
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HTD has been successfully added to your 
