John Hancock Investments - John Hancock Tax-Advantaged Global Shareholder Yield Fund
HTY
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Dennis M. Bein
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 601 Congress Street Boston MA United States of America 02210-2805
- IPO Date
- Sep 26, 2007
- CIK
- 0001396502
- Website
- jhinvestments.com
- Similar Companies
- Business
- John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY) is a closed-end fund managed by John Hancock Investment Management LLC, a division of Manulife Investment Management, that provides high current income, long-term capital appreciation, and favorable after-tax returns for shareholders through a global portfolio emphasizing companies with strong shareholder yield characteristics, including dividend payments, share buybacks, and debt reduction. The fund invests primarily in equity securities of global companies selected for their potential to generate high levels of income while minimizing U.S. federal income-tax consequences on distributions, utilizing a subadvisory arrangement with Epoch Investment Partners, Inc. for core equity management. It offers investors exposure to diversified global equities across developed and emerging markets, targeting sectors that support tax-advantaged income strategies; geographic operations span worldwide markets with a focus on North America, Europe, and Asia-Pacific. John Hancock Investment Management, headquartered in Boston, Massachusetts, traces its roots to the broader John Hancock Financial organization founded in 1862, leveraging over 160 years of financial stewardship to manage a diverse lineup of investment products including open- and closed-end mutual funds, ETFs, separately managed accounts, retirement portfolios, and asset allocation model portfolios across more than 60 Morningstar categories. The firm serves individual investors, institutions, financial advisors, and retirement plan members globally, drawing on a multimanager platform that incorporates specialized external managers for equity, fixed income, and alternative strategies. Recent developments include a 2021 investment policy revision approved by the Board of Trustees, which eliminated the fund's options overlay strategy previously subadvised by Wells Capital Management, Inc., and reduced the advisory fee from 0.95% to 0.90% of average daily gross assets to better align with investment objectives and enhance cost efficiency; this change became effective upon termination of the prior subadvisory agreement. In April 2024, the fund announced updates managed by John Hancock Investment Management LLC and subadvised by Epoch Investment Partners, reflecting ongoing portfolio adjustments amid market conditions. Broader John Hancock initiatives encompass strategic partnerships, such as the 2022 launch of the John Hancock Asset-Based Lending Fund subadvised by Marathon Asset Management, underscoring expansions in credit and alternative investment offerings.