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Tax-Advantaged Dividend Income (HTD)

Daily Price as of 9/19/17

26.49 0.02 0.08
MKT Change ($) Change (%)
25.57 0.14 0.55

Management Team

No Photo Available
Harindra de Silva, Ph.D., CFA

On the fund since 2009
Investing since 1998

No Photo Available
Gregory McMurran

On the fund since 2009
Investing since 1976

No Photo Available
Dennis Bein, CFA

On the fund since 2009
Investing since 1992

No Photo Available
Joseph H. Bozoyan, CFA

On the fund since 2015
Investing since 1993

No Photo Available
Brad Lutz, CFA

On the fund since 2017
Investing since 1992

Top Holdings (%)

as of 8/31/17
Kinder Morgan, Inc. 3.81
Vectren Corp. 3.65
American Electric Power Company, Inc. 3.18
ONEOK, Inc. 2.85
Interstate Power & Light Company 2.56
SCE Trust II 2.38
Ameren Corp. 2.37
Dominion Energy, Inc. 2.30
Black Hills Corp. 2.26
Eversource Energy 2.26
The Fund’s holdings are subject to change at any time. Characteristics are expressed as a percentage of net assets except for certain closed-end funds where characteristics are expressed as a percentage of total managed assets.

All Funds (with the exception of the Money Market Fund) exclude cash and cash equivalent securities from Top holdings and Top issuers.

Goal and Strategy

The Fund’s investment objective is to provide a high level of after-tax total return from dividend income and capital appreciation. Under normal market conditions, the Fund invests at least 80% of its assets in dividend-paying common and preferred securities that the Advisor believes at the time of acquisition are eligible to pay dividends which, for individual shareholders, qualify for U.S. federal income taxation at rates applicable to long-term capital gains, which currently are taxed at a maximum rate of 20%.

Average Annual Total Returns

Month-End Performance (%) as of 8/31/17
(not annualized)
MKT 2.21 16.38 14.07 14.74 14.02 12.08
Quarter-End Performance (%) as of 6/30/17
(not annualized)
MKT 5.52 13.86 10.39 14.59 14.30 11.52

Cumulative Returns

Month-End Performance (%) as of 8/31/17
MKT 2.21 16.38 14.07 51.06 92.68 212.94

The performance data shown represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. See performance data current to the most recent month-end, which may be higher or lower than that cited.

Performance figures assume that all distributions are reinvested.

Morningstar Rating1

Overall Rating

The fund has not yet been rated by Morningstar.

Overall Ratings are not available.

1 Morningstar proprietary ratings reflect risk-adjusted performance through the most recent month end. The ratings are subject to change every month.