BOSTON, Aug. 17, 2017 /PRNewswire/ -- John Hancock
Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY) (the
"Fund"), a closed-end fund managed by John Hancock Advisers, LLC
and subadvised by both Epoch Investment Partners ("Epoch") and
Analytic Investors, LLC ("Analytic"), announced today that
Eric Sappenfield intends to retire
from Epoch effective December 31,
2017. He is transitioning his portfolio management
responsibilities for the Fund to co-portfolio manager Kera Van Valen at the close of business
October 31, 2017. He will remain at
Epoch in an advisory capacity from November
1 – December 31, 2017.
The other portfolio managers on the Fund will remain unchanged.
Michael A. Welhoelter, CFA,
Portfolio Manager and Head of Quantitative Research and Risk
Management at Epoch; Kera Van Valen,
CFA, Portfolio Manager and Senior Research Analyst at Epoch;
John Tobin, PhD, CFA, Portfolio
Manager and Senior Research Analyst at Epoch; William W. Priest, CFA, CPA, Portfolio Manager
and Chief Investment Officer at Epoch; Dennis Bein, CFA, Portfolio Manager and Chief
Investment Officer at Analytic; Gregory
McMurran, Portfolio Manager and Chief Investment Officer at
Analytic and Harindra de Silva,
Ph.D., CFA, Portfolio Manager and President at Analytic will
continue as the portfolio managers for the Fund. Epoch is
responsible for the day-to-day management of the Fund's portfolio
investments, except for the Fund's options strategy, which is
managed by Analytic.
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 Investments
John Hancock
Investments provides asset management services to individuals and
institutions through a unique manager-of-managers approach. A
wealth management business of John Hancock Financial, we managed
more than $144 billion in assets as
of June 30, 2017, across mutual
funds, college savings plans, and retirement plans.
About John Hancock Financial and Manulife Financial
John Hancock Financial is a division of Manulife Financial, a
leading Canada-based financial
services group with principal operations in Asia, Canada
and the United States. Operating
as Manulife Financial in Canada
and Asia, and primarily as John
Hancock in the United States, the
Company 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
C$1 trillion (US$754 billion) as of June
30, 2017. 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 manulife.com.
The John Hancock unit, through its insurance companies,
comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range
of financial products, including life insurance, annuities, fixed
products, mutual funds, 401(k) plans, college savings, and other
forms of business insurance. Additional information about John
Hancock may be found at johnhancock.com.
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SOURCE John Hancock Investments