John Hancock Closed-End Funds Declare Quarterly Distributions

        John Hancock Closed-End Funds Declare Quarterly Distributions

PR Newswire

BOSTON, Dec. 3, 2012

BOSTON, Dec. 3, 2012 /PRNewswire/ --The five John Hancock closed-end funds
listed below declared their quarterly distributions today as follows:

Declaration Date:     December 3, 2012
Ex Date: December 11, 2012
Record Date:    December 13, 2012
Payment Date:     December 31, 2012

                                          

                                          Change                  Annualized
                                                       Market
                                          From                    Current
                             Distribution              Price
Ticker Fund Name                          Distribution            Distribution
                             Per Share                 as of
                                          Paid In                 Rate at
                                                       11/30/2012
                                          Previous                Market

                                          Quarter
       Bank and Thrift       
BTO    Opportunity Fund                   -            $17.35     6.83%
                             $0.2961
       Hedged Equity &       
HEQ    Income Fund                        -            $15.75     8.20%
                             $0.3230
                             
JHI    Investors Trust                    $0.0246      $22.33     8.94%
                             $0.4990
       Income Securities     
JHS    Trust                              $0.0548      $15.99     7.72%
                             $0.3086
       Tax-Advantaged Global
HTY    Shareholder Yield     $0.3200      -            $12.82     9.98%
       Fund

John Hancock Bank and Thrift Opportunity Fund
Bank and Thrift Opportunity Fund (the "Fund") declared its quarterly
distribution pursuant to the Fund's managed distribution plan (the "BTO
Plan"). Under the BTO Plan, the Fund makes quarterly distributions of an
amount equal to $0.2961 per share, based upon an annual distribution rate of
6.50% of the Fund's NAV of $18.22 on July 31, 2012 (representing a quarterly
distribution rate of 1.625% of the Fund's July 31, 2012 NAV). This amount will
be paid quarterly until further notice.

Distributions under the BTO Plan may consist of net investment income, net
realized long-term capital gains, net realized short-term capital gains and,
to the extent necessary, return of capital. The BTO Plan intends to fund each
distribution, to the extent possible, in a tax-advantaged manner through the
realization of long-term capital gains where the distribution amount exceeds
net investment income. The Fund will seek to realize capital gains for this
purpose in a manner which the Adviser and Subadviser believe is consistent
with prudent portfolio management and the investment objective, policies and
restrictions of the Fund.

The Fund may also make additional distributions (i) for purposes of avoiding
federal income tax on the Fund of investment company taxable income and net
capital gain, if any, not included in such regular distributions and (ii) for
purposes of avoiding federal excise tax of ordinary income and capital gain
net income, if any, not included in such regular quarterly distributions. The
Board may amend the terms of the BTO Plan or terminate the BTO Plan at any
time.

John Hancock Hedged Equity & Income Fund
Hedged Equity & Income Fund (the "Fund") declared its quarterly distribution
pursuant to the Fund's managed distribution plan (the "HEQ Plan"). Under the
HEQ Plan, the Fund makes quarterly distributions of an amount equal to $0.3230
per share, based upon an annual distribution rate of 7.25% of the Fund's net
asset value ("NAV") of $17.82 on July 31, 2012 (representing a quarterly
distribution rate of 1.8125% of the Fund's July 31, 2012 NAV). The amount will
be paid quarterly until further notice.

The Fund may also make additional distributions (i) for purposes of avoiding
federal income tax on the Fund of investment company taxable income and net
capital gain, if any, not included in such regular distributions and (ii) for
purposes of avoiding federal excise tax of ordinary income and capital gain
net income, if any, not included in such regular quarterly distributions. The
Board may amend the terms of the HEQ Plan or terminate the HEQ Plan at any
time.

A portion of a Fund's current distribution may include sources other than net
investment income, including a return of capital. Investors should understand
that a return of capital is not a distribution from income or gains of a Fund.
As required under the Investment Company Act of 1940, a notice with the
estimated components of the distribution will be mailed to shareholders at the
time of payment if it does not consist solely of net investment income. At
this time, one or more of the Funds anticipates that the notice accompanying
the current distribution will include an estimate of return of capital. Such
notice will also be posted to the Funds' website at www.jhfunds.com. The
notice should not be used to prepare tax returns as the estimates indicated in
the notice may differ from the ultimate federal income tax characterization of
distributions. After the end of each calendar year, investors will be sent a
Form 1099-DIV informing them how to report distributions received during that
year for federal income tax purposes.

Statements in this press release that are not historical facts are
forward-looking statements as defined by the United States securities laws.
You should exercise caution in interpreting and relying on forward-looking
statements because they are subject to uncertainties and other factors which
are, in some cases, beyond the Fund's control and could cause actual results
to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund's investment objectives, risks, charges and
expenses carefully before investing.

About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial, John
Hancock Funds, manages more than $77.9 billion in open-end funds, closed-end
funds, private accounts, retirement plans and related party assets for
individual and institutional investors at September 30, 2012.

About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading
Canadian-based financial services group serving millions of customers in 22
countries and territories worldwide. Operating as Manulife Financial in Canada
and in most of Asia, and primarily as John Hancock in the United States,
Manulife Financial Corporation offers clients a diverse range of financial
protection products and wealth management services through its extensive
network of employees, agents and distribution partners. Funds under management
by Manulife Financial and its subsidiaries were Cdn$515 billion (US$523
billion) at September 30, 2012.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and
under '945' on the SEHK. Manulife Financial can be found on the Internet at
www.manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the
largest life insurers in the United States. John Hancock offers a broad range
of financial products and services, including life insurance, annuities, fixed
products, mutual funds, 401(k) plans, long-term care insurance, college
savings, and other forms of business insurance. Additional information about
John Hancock may be found at www.johnhancock.com.

SOURCE John Hancock Funds

Website: http://www.johnhancock.com
Contact: Media Contact: Jay Aronowitz, +1-617-663-2702; Investor Contact:
+1-800-843-0090