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)
Brian E. Langenfeld, Attorney and Assistant Secretary
101 Huntington Avenue
Boston, Massachusetts 02199
(Name and address of agent for service)
Registrant's telephone number, including area code: 617-375-1722
Date of fiscal year end: December 31
Date of reporting period: March 31, 2005
ITEM 1. SCHEDULE OF INVESTMENTS
JOHN HANCOCK
Tax-Advantaged Dividend Income Fund
3.31.2005
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
March 31, 2005 (unaudited)
Issuer Shares Value
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Common stocks 76.03% $921,458,377
(Cost $875,892,059)
Diversified Banks 7.15% 86,626,520
Bank of America Corp. 730,000 32,193,000
Comerica, Inc. 296,000 16,303,680
U.S. Bancorp. 647,000 18,646,540
Wachovia Corp. 230,000 11,709,300
Wells Fargo & Co. 130,000 7,774,000
Electric Utilities 24.50% 296,961,597
Alliant Energy Corp. 50,000 1,339,000
Ameren Corp. 561,100 27,499,511
American Electric Power Co., Inc. 335,500 11,427,130
Black Hills Corp. 454,000 15,013,780
CH Energy Group, Inc. 373,600 17,073,520
Cinergy Corp. 539,100 21,844,332
Consolidated Edison, Inc. 525,100 22,148,718
Empire District Electric Co. (The) 428,400 9,964,584
Entergy Corp. 10,000 706,600
FPL Group, Inc. 18,000 722,700
Great Plains Energy, Inc. 67,000 2,048,860
NSTAR 543,000 29,484,900
OGE Energy Corp. 884,800 23,845,360
Pinnacle West Capital Corp. 230,000 9,777,300
Progress Energy, Inc. 569,600 23,894,720
Scottish Power Plc, American Depositary Receipt
(United Kingdom) 610,000 19,032,000
Southern Co. (The) 593,400 18,887,922
Westar Energy, Inc. 425,000 9,197,000
WPS Resources Corp. 373,000 19,739,160
Xcel Energy, Inc. 775,000 13,314,500
Gas Utilities 10.49% 127,171,501
Atmos Energy Corp. 756,200 20,417,400
KeySpan Corp. 654,400 25,501,968
NiSource, Inc. 467,700 10,658,883
Northwest Natural Gas Co. 325,000 11,755,250
Peoples Energy Corp. 585,200 24,531,584
Piedmont Natural Gas Co., Inc. 180,000 4,147,200
Vectren Corp. 689,900 18,378,936
WGL Holdings, Inc. 380,500 11,780,280
Integrated Oil & Gas 0.69% 8,396,640
ChevronTexaco Corp. 144,000 8,396,640
Integrated Telecommunication Services 1.68% 20,316,900
SBC Communications, Inc. 670,000 15,872,300
Verizon Communications, Inc. 125,200 4,444,600
Multi-Utilities & Unregulated Power 13.65% 165,424,809
Dominion Resources, Inc. 385,000 28,655,550
DTE Energy Co. 485,000 22,057,800
Duke Energy Corp. 533,400 14,940,534
Energy East Corp. 406,000 10,645,320
National Fuel Gas Co. 456,000 13,037,040
ONEOK, Inc. 821,100 25,306,302
Public Service Enterprise Group, Inc. 454,700 24,731,133
Puget Energy, Inc. 707,000 15,582,280
SCANA Corp. 257,500 9,841,650
TECO Energy, Inc. 40,000 627,200
Other Diversified Financial Services 1.50% 18,223,260
Citigroup, Inc. 187,000 8,403,780
JPMorgan Chase & Co. 283,800 9,819,480
Regional Banks 14.53% 176,078,650
AmSouth Bancorp. 775,000 20,111,250
BB&T Corp. 495,000 19,344,600
Colonial BancGroup, Inc. (The) 275,000 5,643,000
F.N.B. Corp. 190,000 3,638,500
First Horizon National Corp. 315,000 12,848,850
FirstMerit Corp. 365,000 9,767,400
Hudson United Bancorp. 195,000 6,873,750
KeyCorp 749,000 24,305,050
National City Corp. 505,000 16,917,500
PNC Financial Services Group, Inc. 370,000 19,047,600
Regions Financial Corp. 795,000 25,758,000
Susquehanna Bancshares, Inc. 275,000 6,704,500
Whitney Holding Corp. 115,000 5,118,650
Thrifts & Mortgage Finance 1.84% 22,258,500
People's Bank 150,000 6,142,500
Washington Mutual, Inc. 408,000 16,116,000
Credit
Issuer, description rating (A) Shares Value
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Preferred stocks 23.17% $280,854,686
(Cost $283,141,385)
Consumer Finance 0.11% 1,324,950
SLM Corp., 6.97%, Ser A BBB+ 24,200 1,324,950
Diversified Banks 2.29% 27,734,970
Abbey National Plc, 7.375%, Depositary Shares, Ser
B (United Kingdom) A- 93,100 2,485,770
Royal Bank of Scotland Group Plc, 5.75%, Ser L
(United Kingdom) A 1,060,000 25,249,200
Electric Utilities 6.93% 83,923,264
Alabama Power Co., 5.20% BBB+ 276,700 6,856,626
Alabama Power Co., 5.30% (Class A) BBB+ 213,000 5,511,375
Carolina Power & Light Co., $5.44 BB+ 111,493 10,759,074
Connecticut Light & Power Co., $3.24, Ser 68G BBB- 16,511 859,089
Connecticut Light & Power Co., 5.28%, Ser 1967 BBB- 18,294 868,965
Connecticut Light & Power Co., 6.56%, Ser 1968 BBB- 7,224 377,229
Duquesne Light Co., 6.50% BB+ 210,000 11,325,300
Entergy Arkansas, Inc., $1.96 BB+ 150,466 3,775,764
Entergy Arkansas, Inc., 4.56% BB+ 9,388 756,615
Entergy Arkansas, Inc., 4.56%, Ser 1965 BB+ 9,818 791,270
Entergy Arkansas, Inc., $6.08 Ba1 10,807 1,085,091
Entergy Gulf States, Inc., $7.56 BB+ 28,422 2,756,934
Entergy Louisiana, Inc., 5.16% Ba1 12,644 1,164,038
Entergy Mississippi, Inc., 4.92% Ba2 8,190 718,929
FPL Group Capital Trust I, 5.875% BBB+ 348,200 8,412,512
Interstate Power & Light Co., 7.10%, Ser C BBB- 20,600 548,578
Interstate Power & Light Co., 8.375%, Ser B BBB- 233,000 7,922,000
Monongahela Power Co., $7.73, Ser L B- 33,143 3,297,728
Northern Indiana Public Service Co., 4.50% BB+ 28,863 2,334,295
Northern Indiana Public Service Co., 4.88% BBB 7,971 698,957
Ohio Edison Co., 4.56% BB 15,325 1,222,169
Pennsylvania Power Co., 7.75% BB 9,500 955,641
Union Electric Co., $4.50 BBB 10,370 871,080
Wisconsin Power & Light Co., 4.50% BBB 4,600 381,800
Xcel Energy, Inc., $4.08, Ser B BB+ 66,070 5,236,048
Xcel Energy, Inc., $4.56, Ser G BB+ 53,700 4,436,157
Gas Utilities 2.29% 27,710,053
El Paso Tennessee Pipeline Co., 8.25%, Ser A CCC- 300,000 15,159,390
KeySpan Corp., 8.75%, Conv A 27,500 1,391,225
Southern Union Co., 7.55% BB+ 417,800 11,159,438
Investment Banking & Brokerage 3.61% 43,784,560
Bear Stearns Cos., Inc. (The), 5.49%, Depositary
Shares, Ser G BBB 251,800 12,728,490
Bear Stearns Cos., Inc. (The), 5.72%, Depositary
Shares, Ser F BBB 126,700 6,556,725
Bear Stearns Cos., Inc. (The), 6.15%, Depositary
Shares, Ser E BBB 64,900 3,348,840
Lehman Brothers Holdings, Inc., 5.67%, Depositary
Shares, Ser D BBB+ 56,000 2,800,000
Lehman Brothers Holdings, Inc., 5.94%, Depositary
Shares, Ser C BBB+ 256,260 13,261,455
Lehman Brothers Holdings, Inc., 6.50%, Depositary
Shares, Ser F BBB+ 193,500 5,089,050
Multi-Line Insurance 0.43% 5,255,315
ING Groep N.V., 6.20% (Netherlands) A- 109,100 2,689,315
ING Groep N.V., 7.05% (Netherlands) A- 100,000 2,566,000
Multi-Utilities & Unregulated Power 1.16% 14,063,472
Avista Corp., $6.95, Ser K BB- 40,383 4,139,257
DTE Energy Co., 8.75%, Conv BBB- 187,000 4,749,800
Public Service Electric & Gas Co., 5.05%, Ser D BB+ 12,860 1,131,680
Public Service Electric & Gas Co., 5.28%, Ser E BB+ 21,930 1,962,735
South Carolina Electric & Gas Co., 6.52% Baa1 20,000 2,080,000
Oil & Gas Exploration & Production 2.88% 34,964,496
Anadarko Petroleum Corp., 5.46%, Depositary Shares,
Ser B BBB- 50,000 4,887,500
Apache Corp., 5.68%, Depositary Shares, Ser B BBB 50,000 5,146,875
Devon Energy Corp., 6.49%, Ser A BB+ 150,000 15,595,320
Nexen, Inc., 7.35% (Canada) BB+ 359,584 9,334,801
Other Diversified Financial Services 2.39% 29,016,094
ABN AMRO Capital Funding Trust V, 5.90% A 140,000 3,315,200
ABN AMRO Capital Funding Trust VII, 6.08% A 950,000 23,208,500
General Electric Capital Corp., 6.10% AAA 38,100 961,644
J.P. Morgan Chase Capital XI, 5.875%, Ser K A- 65,000 1,530,750
Reinsurance 0.22% 2,643,200
RenaissanceRe Holdings Ltd., 6.08%, Ser C (Bermuda) BBB+ 112,000 2,643,200
Thrifts & Mortgage Finance 0.86% 10,434,312
Fannie Mae, 4.75%, Ser M AA- 20,000 796,000
Fannie Mae, 5.10%, Ser E AA- 24,300 1,029,712
Fannie Mae, 5.125%, Ser L AA- 124,000 5,179,480
Fannie Mae, 5.375%, Ser I AA- 76,800 3,429,120
Interest Maturity Credit Par value
Issuer, description rate (%) Date rating (A) ($000) Value
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Short-term investments 0.80% $9,700,000
(Cost $9,700,000)
Government U.S. Agency 0.80% 9,700,000
Federal Home Loan Bank,
Disc Note 2.400 04-01-2005 AAA 9,700 9,700,000
Total investments 100.00% $1,212,013,063
John Hancock
Tax-Advantaged Dividend Income Fund
Financial futures contracts
March 31, 2005 (unaudited)
Number of
Open contracts contracts Position Expiration Appreciation
----------------------------------------------------------------------------------------------------------
U.S. Treasury 10-Year Note 250 Short June 05 $377,155
John Hancock
Tax-Advantaged Dividend Income Fund
Footnotes to Schedule of Investments
March 31, 2005 (unaudited)
(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 total investment of the Fund.
The cost of investments owned on March 31, 2005, including short-term
investments, was $1,168,733,444. Gross unrealized appreciation and
depreciation of investments aggregated $63,126,335 and $19,846,716,
respectively, resulting in net unrealized appreciation of $43,279,619.
For more information
Trustees
Charles L. Ladner, Chairman*
James F. Carlin
Richard P. Chapman, Jr.*
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.)
*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 John Hancock Tax-Advantaged Dividend Income Fund.
P13Q1 3/05
5/05
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.
John Hancock Tax-Advantaged Dividend Income Fund
By:
------------------------------
James A. Shepherdson
President and Chief Executive Officer
Date: May 25, 2005
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: May 25, 2005
By:
------------------------------
William H. King
Vice President and Treasurer
Date: May 25, 2005