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