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John Hancock makes portfolio manager change to closed-end funds

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John Hancock Advisers is making changes to the portfolio management teams of the John Hancock Tax-Advantaged Dividend Income Fund and the John Hancock Tax-Advantaged Global Shareholder Yield Fund.

The Tax-Advantaged Dividend Income Fund is managed by a team of portfolio managers from MFC Global Investment Management (US) and Analytic Investors.

The Tax-Advantaged Global Shareholder Yield Fund is managed by a team of portfolio managers from Epoch Investment Partners and Analytic.

Effective immediately, the portfolio management team at Analytic has changed as follows: Ram Willner replaces Yigal Newman as one of the four portfolio managers responsible for managing the options overlay strategy for the funds. Harindra de Silva, Gregory McMurran, and Dennis Bein will remain on the team responsible for the management of the options overlay strategy.

Willner, who joined Analytic in 2008, has 23 years of investment experience. Prior to joining Analytic, Willner led global analytics at Pimco and the fixed income department at Banc of America Capital Management.

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