John Hancock Tax-Advantaged Dividend Income Fund and John Hancock
Tax-Advantaged Global Shareholder Yield Fund Announce Special Meeting of
BOSTON, Dec. 12, 2012
BOSTON, Dec. 12, 2012 /PRNewswire/ -- John Hancock Tax-Advantaged Dividend
Income Fund (NYSE: HTD) and John Hancock Tax-Advantaged Global Shareholder
Yield Fund (NYSE: HTY), two closed-end funds advised by John Hancock Advisers,
LLC, announced that a Special Meeting of Shareholders of HTD and HTY will be
held on March 22, 2013 at 2:00 p.m., Eastern Time, at 601 Congress Street,
Boston, Massachusetts 02210. Shareholders of record of HTD and HTY as of the
close of business on January 16, 2013 are entitled to notice of, and to vote
at, the Special Meeting and at any adjournment thereof.
The Special Meeting will be held for the purpose of approving new subadvisory
agreements with Analytic Investors, LLC ("Analytic"), which currently manages
the options overlay strategy for HTD and HTY. As previously announced by
Analytic, it expects to enter into a transaction with Old Mutual Asset
Management, which under the Investment Company Act would have the effect of
terminating the current subadvisory agreements with Analytic.
This press release does not constitute the solicitation of a proxy for
approval of the new subadvisory agreements or any other matter, which can only
be made by means of a proxy statement filed with the Securities and Exchange
Commission. A proxy statement will be mailed to shareholders prior to the
Special Meeting. When a proxy statement becomes available, shareholders are
advised to read it because it contains important information. The proxy
statement, when available, will be available for free at the Commission's
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
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
Contact: Media: Jay Aronowitz, +1-617-663-2702; or Investor Contact:
Press spacebar to pause and continue. Press esc to stop.