UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-21416
John Hancock Tax-Advantaged Dividend Income Fund
(Exact name of registrant as specified in charter)
101 Huntington Avenue, Boston, Massachusetts 02199
(Address of principal executive offices) (Zip code)
Susan S. Newton, Secretary
101 Huntington Avenue
Boston, Massachusetts 02199
(Name and address of agent for service)
Registrant's telephone number, including area code: 617-375-1702
Date of fiscal year end: December 31
Date of reporting period: September 30, 2004
ITEM 1. SCHEDULE OF INVESTMENTS
JOHN HANCOCK
Tax-Advantaged Dividend Income Fund
9.30.2004
Quarterly Portfolio Holdings
[A 2" x 1" John Hancock (Signature)/John Hancock Funds logo in lower,
center middle of page. A tag line below reads "JOHN HANCOCK FUNDS."]
John Hancock
Tax-Advantaged Dividend Income Fund
Securities owned by the fund on
September 30, 2004 (unaudited)
Issuer Shares Value
Common stocks 108.03% $866,976,627
(Cost $845,779,661)
Diversified Banks 10.54% 84,568,700
Bank of America Corp. 730,000 31,630,900
Comerica, Inc. 296,000 17,567,600
U.S. Bancorp. 582,000 16,819,800
Wachovia Corp. 230,000 10,798,500
Wells Fargo & Co. 130,000 7,751,900
Electric Utilities 38.60% 309,771,379
Alliant Energy Corp. 50,000 1,244,000
Ameren Corp. 561,100 25,894,765
American Electric Power Co., Inc. 335,500 10,722,580
Black Hills Corp. 454,000 12,612,120
CH Energy Group, Inc. 313,100 14,339,980
Cinergy Corp. 539,100 21,348,360
Consolidated Edison, Inc. 525,100 22,075,204
DTE Energy Co. 485,000 20,462,150
Empire District Electric, Co. (The) 428,400 8,803,620
Entergy Corp. 10,000 606,100
FPL Group, Inc. 9,000 614,880
Great Plains Energy, Inc. 37,000 1,078,550
NSTAR 488,000 23,960,800
OGE Energy Corp. 884,800 22,323,504
Pinnacle West Capital Corp. 230,000 9,545,000
Progress Energy, Inc. 569,600 24,116,864
Puget Energy, Inc. 697,000 15,821,900
Scottish Power Plc, American Depositary Receipt (United Kingdom) 610,000 18,812,400
Southern Co. (The) 593,400 17,790,132
TECO Energy, Inc. 40,000 541,200
Westar Energy, Inc. 425,000 8,585,000
WPS Resources Corp. 373,000 16,781,270
Xcel Energy, Inc. 675,000 11,691,000
Gas Utilities 12.35% 99,114,925
Atmos Energy Corp. 731,200 18,418,928
KeySpan Corp. 577,400 22,634,080
NiSource, Inc. 467,700 9,826,377
Northwest Natural Gas Co. 325,000 10,312,250
Peoples Energy Corp. 557,000 23,215,760
Piedmont Natural Gas Co., Inc. 90,000 3,954,600
WGL Holdings, Inc. 380,500 10,752,930
Integrated Oil & Gas 0.96% 7,724,160
ChevronTexaco Corp. 144,000 7,724,160
Integrated Telecommunication Services 2.78% 22,316,876
SBC Communications, Inc. 670,000 17,386,500
Verizon Communications, Inc. 125,200 4,930,376
Multi-Utilities & Unregulated Power 15.18% 121,813,698
Dominion Resources, Inc. 385,000 25,121,250
Duke Energy Corp. 533,400 12,209,526
Energy East Corp. 152,600 3,842,468
National Fuel Gas Co. 456,000 12,918,480
ONEOK, Inc. 821,100 21,365,022
Public Service Enterprise Group, Inc. 454,700 19,370,220
SCANA Corp. 257,500 9,615,050
Vectren Corp. 689,900 17,371,682
Other Diversified Financial Services 2.20% 17,672,774
Citigroup, Inc. 145,000 6,397,400
J.P. Morgan Chase & Co. 283,800 11,275,374
Regional Banks 22.76% 182,689,975
AmSouth Bancorp. 775,000 18,910,000
BB&T Corp. 495,000 19,646,550
Colonial BancGroup (The), Inc. 275,000 5,623,750
Community First Bankshares, Inc. 180,000 5,770,800
F.N.B. Corp. 190,000 4,204,700
First Horizon National Corp. 290,000 12,574,400
FirstMerit Corp. 365,000 9,601,325
Hudson United Bancorp. 195,000 7,185,750
KeyCorp 749,000 23,668,400
National City Corp. 505,000 19,503,100
PNC Financial Services Group 335,000 18,123,500
Regions Financial Corp. 795,000 26,282,700
Susquehanna Bancshares, Inc. 275,000 6,765,000
Whitney Holding Corp. 115,000 4,830,000
Thrifts & Mortgage Finance 2.66% 21,304,140
People's Bank 150,000 5,359,500
Washington Mutual, Inc. 408,000 15,944,640
Credit
Issuer, description rating (A) Shares Value
Preferred stocks 34.11% $273,695,442
(Cost $279,715,930)
Consumer Finance 0.17% 1,385,450
SLM Corp., 6.97%, Ser A BBB+ 24,200 1,385,450
Diversified Banks 3.44% 27,628,824
Abbey National Plc, 7.375%, Depositary Shares, Ser B (United
Kingdom) A- 93,100 2,517,424
Royal Bank of Scotland Group Plc, 5.75%, Ser L (United Kingdom) A 1,060,000 25,111,400
Electric Utilities 10.40% 83,431,000
Alabama Power Co., 5.20% BBB+ 200,000 4,900,000
Alabama Power Co., 5.30% (Class A) BBB+ 213,000 5,211,854
Carolina Power & Light Co., $5.44 BB+ 111,493 10,340,976
Connecticut Light & Power Co., $3.24, Ser 68G BBB- 12,500 651,954
Connecticut Light & Power Co., 5.28%, Ser 1967 BBB- 18,294 834,093
Connecticut Light & Power Co., 6.56%, Ser 1968 BBB- 7,224 378,132
DTE Energy Co., 8.75%, Conv BBB 187,000 4,833,950
Duquesne Light Co., 6.50% BB+ 210,000 10,815,000
Entergy Arkansas, Inc., $1.96 BB+ 150,466 3,756,955
Entergy Arkansas, Inc., 4.56% BB+ 9,388 678,870
Entergy Arkansas, Inc., 4.56%, Ser 1965 BB+ 9,818 709,964
Entergy Arkansas, Inc., $6.08 Ba1 9,808 945,553
Entergy Gulf States, Inc., $7.56 BB 28,422 2,799,567
Entergy Louisiana, Inc., 5.16% Ba1 12,044 999,276
Entergy Mississippi, Inc., 4.92% Ba2 7,884 623,576
FPL Group Capital Trust I, 5.875% BBB+ 348,200 8,405,548
Interstate Power & Light Co., 7.10%, Ser C BBB- 16,800 453,600
Interstate Power & Light Co., 8.375%, Ser B BBB- 233,000 7,432,700
Monongahela Power Co., $7.73, Ser L B- 33,143 3,156,871
Northern Indiana Public Service Co., 4.50% BB+ 28,863 2,281,080
Northern Indiana Public Service Co., 4.88% BB+ 7,616 652,596
Ohio Edison Co., 4.56% BB 15,325 1,189,220
Pennsylvania Power Co., 7.75% BB 9,500 953,562
Union Electric Co., $4.50 BBB 10,370 811,453
Wisconsin Power & Light Co., 4.50% BBB 4,600 363,400
Xcel Energy, Inc., $4.08, Ser B BB+ 66,070 4,955,250
Xcel Energy, Inc., $4.56, Ser G BB+ 53,700 4,296,000
Gas Utilities 3.26% 26,166,262
El Paso Tennessee Pipeline Co., 8.25%, Ser A CCC- 300,000 13,668,750
KeySpan Corp., 8.75%, Conv A 27,500 1,457,500
Southern Union Co., 7.55% BB+ 409,800 11,040,012
Investment Banking & Brokerage 5.36% 43,033,950
Bear Stearns Cos., Inc. (The), 5.72%, Ser F BBB 126,700 6,271,650
Bear Stearns Cos., Inc. (The), 5.49%, Ser G BBB 249,800 12,614,900
Bear Stearns Cos., Inc. (The), 6.15%, Ser E BBB 64,900 3,374,800
Lehman Brothers Holdings, Inc., 5.67%, Depositary Shares, Ser D BBB+ 56,000 2,788,800
Lehman Brothers Holdings, Inc., 5.94%, Ser C BBB+ 254,160 12,898,620
Lehman Brothers Holdings, Inc., 6.50%, Depositary Shares, Ser F BBB+ 193,500 5,085,180
Multi-Line Insurance 0.66% 5,289,223
ING Groep N.V., 6.20% (Netherlands) A- 109,100 2,676,223
ING Groep N.V., 7.05% (Netherlands) A- 100,000 2,613,000
Multi-Utilities & Unregulated Power 1.08% 8,669,090
Avista Corp., $6.95, Ser K BB- 35,000 3,591,000
Public Service Electric & Gas Co., 5.05%, Ser D BB+ 12,160 1,045,760
Public Service Electric & Gas Co., 5.28%, Ser E BB+ 21,930 1,925,454
South Carolina Electric & Gas Co., 6.52% Baa1 20,000 2,106,876
Oil & Gas Exploration & Production 4.41% 35,356,380
Anadarko Petroleum Corp., 5.46%, Depositary Shares BBB- 50,000 4,957,500
Apache Corp., 5.68%, Depositary Shares, Ser B BBB 50,000 5,071,875
Devon Energy Corp., 6.49%, Ser A BB+ 150,000 15,693,750
Nexen, Inc., 7.35% (Canada) BBB- 359,584 9,633,255
Other Diversified Financial Services 3.60% 28,882,140
ABN AMRO Capital Funding Trust V, 5.90% A 140,000 3,309,600
ABN AMRO Capital Funding Trust VII, 6.08% A 950,000 23,056,500
General Electric Capital Corp., 6.10% AAA 38,100 967,740
J.P. Morgan Chase Capital XI, 5.875% A- 65,000 1,548,300
Reinsurance 0.33% 2,640,960
RenaissanceRe Holdings Ltd., 6.08%, Ser C (Bermuda) BBB+ 112,000 2,640,960
Thrifts & Mortgage Finance 1.40% 11,212,163
Fannie Mae, 4.75%, Ser M AA- 20,000 823,000
Fannie Mae, 5.10%, Ser E AA- 24,300 1,211,963
Fannie Mae, 5.125%, Ser L AA- 124,000 5,567,600
Fannie Mae, 5.375%, Ser I AA- 76,800 3,609,600
Interest Maturity Credit Par value
Issuer, description rate (%) date rating (A) ($000) Value
Short-term investments 5.42% $43,500,000
(Cost $43,500,000)
Government U.S. Agency 5.42% 43,500,000
Federal Home Loan Bank, Disc Note 1.50 10-01-2004 AAA 43,500 43,500,000
Total investments 147.56% $1,184,172,069
Other assets and liabilities, net (47.56%) ($381,649,597)
Total net assets 100.00% $802,522,472
(A) Credit ratings are unaudited and are rated by Moody's Investors
Service, where Standard & Poor's ratings are not available.
Parenthetical disclosure of a foreign country in the security
description represents country of a foreign issuer.
The percentage shown for each investment category is the total value
of that category as a percentage of the net assets of the Fund.
The cost of investments owned on September 30, 2004, including
short-term investments, was $1,168,995,591.
Gross unrealized appreciation and depreciation of investments
aggregated $32,946,816 and $17,770,338, respectively, resulting in net
unrealized appreciation of $15,176,478.
For more information
Trustees
Charles L. Ladner, Chairman*
James F. Carlin
William H. Cunningham
Ronald R. Dion
Dr. John A. Moore*
Patti McGill Peterson*
Steven R. Pruchansky
James A. Shepherdson
Lt. Gen. Norman H. Smith, USMC (Ret.)
John P. Toolan*
*Members of the Audit Committee
Officers
James A. Shepherdson
President and Chief Executive Officer
Susan S. Newton
Senior Vice President and Secretary
William H. King
Vice President and Treasurer
Investment Adviser
John Hancock Advisers, LLC
101 Huntington Avenue
Boston, Massachusetts 02199-7603
Custodian
The Bank of New York
One Wall Street
New York, New York 10286
Transfer Agent and Dividend Disburser
Mellon Investor Services
85 Challenger Road
Overpeck Centre
Ridgefield Park, New Jersey 07660
Transfer Agent for APS
Deutsche Bank Trust Company Americas
280 Park Avenue
New York, New York 10017
Legal Counsel
Wilmer Cutler Pickering Hale and Dorr LLP
60 State Street
Boston, Massachusetts 02109-1803
Stock Symbol
Listed New York Stock Exchange: HTD
How to contact us
Internet www.jhfunds.com
Mail Regular mail:
Mellon Investor Services
85 Challenger Road
Overpeck Centre
Ridgefield Park, NJ 07660
Phone Customer service representatives 1-800-852-0218
Portfolio commentary 1-800-344-7054
24-hour automated information 1-800-843-0090
TDD line 1-800-231-5469
This report is for the information of the shareholders of
the John Hancock Tax-Advantaged Dividend Income Fund.
P13Q3 9/04
11/04
ITEM 2. CONTROLS AND PROCEDURES.
(a) Based upon their evaluation of the registrant's disclosure controls and
procedures as conducted within 90 days of the filing date of this Form N-Q,
the registrant's principal executive officer and principal accounting
officer have concluded that those disclosure controls and procedures
provide reasonable assurance that the material information required to be
disclosed by the registrant on this report is recorded, processed,
summarized and reported within the time periods specified in the Securities
and Exchange Commission's rules and forms.
(b) There were no changes in the registrant's internal control over
financial reporting that occurred during the registrant's last fiscal
quarter that has materially affected, or is reasonably likely to materially
affect, the registrant's internal control over financial reporting.
ITEM 3. EXHIBITS.
Separate certifications for the registrant's principal executive officer
and principal accounting officer, as required by Rule 30a-2(a) under the
Investment Company Act of 1940, are attached.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.
Tax-Advantaged Dividend Income Fund
By:
------------------------------
James A. Shepherdson
President and Chief Executive Officer
Date: November 23, 2004
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on
the dates indicated.
By:
------------------------------
James A. Shepherdson
President and Chief Executive Officer
Date: November 23, 2004
By:
------------------------------
William H. King
Vice President and Treasurer
Date: November 23, 2004