John Hancock
Tax-Advantaged Global Shareholder
Yield Fund
Quarterly portfolio holdings 1/31/2022
Fund’s investments |
As of 1-31-22
(unaudited)
Shares | Value | ||||
Common stocks 97.7% | $69,572,340 | ||||
(Cost $69,182,840) | |||||
Canada 8.9% | 6,331,259 | ||||
BCE, Inc. | 11,700 | 611,163 | |||
Enbridge, Inc. | 12,100 | 511,548 | |||
Fortis, Inc. | 8,500 | 403,753 | |||
Great-West Lifeco, Inc. | 19,781 | 617,947 | |||
Nutrien, Ltd. | 17,400 | 1,214,520 | |||
Restaurant Brands International, Inc. | 17,200 | 962,684 | |||
Royal Bank of Canada | 11,600 | 1,322,572 | |||
TELUS Corp. | 29,200 | 687,072 | |||
France 6.0% | 4,304,654 | ||||
AXA SA | 30,600 | 969,132 | |||
Danone SA | 5,046 | 314,623 | |||
Orange SA | 52,793 | 620,183 | |||
Sanofi | 9,200 | 961,970 | |||
TotalEnergies SE | 25,300 | 1,438,746 | |||
Germany 8.2% | 5,839,325 | ||||
Allianz SE | 4,553 | 1,168,994 | |||
BASF SE | 10,000 | 765,889 | |||
Bayer AG | 8,707 | 528,984 | |||
Deutsche Post AG | 13,000 | 782,348 | |||
Deutsche Telekom AG | 54,090 | 1,021,164 | |||
Muenchener Rueckversicherungs-Gesellschaft AG | 3,200 | 1,013,072 | |||
Siemens AG | 3,520 | 558,874 | |||
Hong Kong 0.5% | 379,200 | ||||
China Resources Gas Group, Ltd. | 75,700 | 379,200 | |||
Ireland 1.2% | 838,269 | ||||
Medtronic PLC | 8,100 | 838,269 | |||
Italy 2.1% | 1,471,981 | ||||
Assicurazioni Generali SpA | 32,800 | 690,268 | |||
Snam SpA | 139,500 | 781,713 | |||
Japan 1.4% | 1,007,465 | ||||
Tokio Marine Holdings, Inc. | 9,100 | 543,030 | |||
Toyota Motor Corp. | 23,500 | 464,435 | |||
Norway 1.5% | 1,041,507 | ||||
Orkla ASA | 46,000 | 439,594 | |||
Telenor ASA | 36,421 | 601,913 | |||
South Korea 1.3% | 935,550 | ||||
Samsung Electronics Company, Ltd., GDR (A) | 600 | 935,550 | |||
Spain 0.4% | 318,155 | ||||
Industria de Diseno Textil SA | 10,490 | 318,155 | |||
Switzerland 2.3% | 1,652,497 | ||||
Nestle SA | 2,800 | 361,587 | |||
Novartis AG | 10,403 | 903,911 | |||
Roche Holding AG | 1,000 | 386,999 | |||
Taiwan 1.5% | 1,054,618 | ||||
Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 8,600 | 1,054,618 |
2 | JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Shares | Value | ||||
United Kingdom 8.4% | $5,964,316 | ||||
AstraZeneca PLC, ADR | 19,831 | 1,154,363 | |||
BAE Systems PLC | 90,700 | 709,796 | |||
British American Tobacco PLC | 22,300 | 952,098 | |||
British American Tobacco PLC, ADR | 6,400 | 275,008 | |||
Coca-Cola Europacific Partners PLC | 13,000 | 742,950 | |||
GlaxoSmithKline PLC | 27,200 | 606,995 | |||
Linde PLC | 1,100 | 350,548 | |||
National Grid PLC | 31,250 | 457,279 | |||
Unilever PLC | 13,948 | 715,279 | |||
United States 54.0% | 38,433,544 | ||||
AbbVie, Inc. | 12,200 | 1,670,058 | |||
Ally Financial, Inc. | 15,500 | 739,660 | |||
Altria Group, Inc. | 14,100 | 717,408 | |||
Ameren Corp. | 4,600 | 408,204 | |||
American Electric Power Company, Inc. | 8,400 | 759,360 | |||
Amgen, Inc. | 1,900 | 431,566 | |||
Analog Devices, Inc. | 7,000 | 1,147,790 | |||
Apple, Inc. | 5,000 | 873,900 | |||
AT&T, Inc. | 18,300 | 466,650 | |||
Broadcom, Inc. | 2,345 | 1,373,890 | |||
Chevron Corp. | 3,900 | 512,187 | |||
Cisco Systems, Inc. | 22,300 | 1,241,441 | |||
Cummins, Inc. | 2,200 | 485,936 | |||
Dominion Energy, Inc. | 5,200 | 419,432 | |||
Dow, Inc. | 11,600 | 692,868 | |||
Duke Energy Corp. | 3,700 | 388,722 | |||
Eaton Corp. PLC | 2,400 | 380,232 | |||
Emerson Electric Company | 9,700 | 891,915 | |||
Entergy Corp. | 4,900 | 547,673 | |||
Evergy, Inc. | 9,300 | 604,128 | |||
Hanesbrands, Inc. | 22,582 | 363,570 | |||
Hasbro, Inc. | 13,800 | 1,276,224 | |||
Hubbell, Inc. | 1,958 | 366,714 | |||
IBM Corp. | 9,100 | 1,215,487 | |||
Intel Corp. | 8,200 | 400,324 | |||
Johnson & Johnson | 2,300 | 396,267 | |||
JPMorgan Chase & Co. | 4,308 | 640,169 | |||
Kimberly-Clark Corp. | 2,800 | 385,420 | |||
KLA Corp. | 1,900 | 739,613 | |||
Lazard, Ltd., Class A | 19,500 | 850,980 | |||
Leggett & Platt, Inc. | 9,300 | 370,605 | |||
Lockheed Martin Corp. | 1,200 | 466,956 | |||
LyondellBasell Industries NV, Class A | 7,300 | 706,129 | |||
McDonald’s Corp. | 1,900 | 492,955 | |||
Merck & Company, Inc. | 9,300 | 757,764 | |||
MetLife, Inc. | 16,534 | 1,108,770 | |||
Microsoft Corp. | 4,200 | 1,306,116 | |||
MSC Industrial Direct Company, Inc., Class A | 8,100 | 661,284 | |||
NextEra Energy, Inc. | 5,000 | 390,600 | |||
NiSource, Inc. | 14,500 | 423,110 | |||
Omnicom Group, Inc. | 7,300 | 550,128 | |||
PepsiCo, Inc. | 2,600 | 451,152 | |||
Pfizer, Inc. | 23,600 | 1,243,484 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND | 3 |
Shares | Value | ||||
United States (continued) | |||||
Philip Morris International, Inc. | 9,700 | $997,645 | |||
Raytheon Technologies Corp. | 4,600 | 414,874 | |||
Target Corp. | 1,800 | 396,774 | |||
Texas Instruments, Inc. | 8,200 | 1,471,818 | |||
The Coca-Cola Company | 12,700 | 774,827 | |||
The Home Depot, Inc. | 1,300 | 477,074 | |||
The PNC Financial Services Group, Inc. | 3,100 | 638,569 | |||
The Procter & Gamble Company | 3,800 | 609,710 | |||
Truist Financial Corp. | 8,300 | 521,406 | |||
United Parcel Service, Inc., Class B | 2,200 | 444,862 | |||
Vail Resorts, Inc. | 1,200 | 332,520 | |||
Verizon Communications, Inc. | 12,000 | 638,760 | |||
WEC Energy Group, Inc. | 4,100 | 397,864 | |||
Yield (%) | Shares | Value | |||
Short-term investments 1.5% | $1,119,345 | ||||
(Cost $1,119,345) | |||||
Short-term funds 1.5% | 1,119,345 | ||||
State Street Institutional Treasury Money Market Fund, Premier Class | 0.0051(B) | 1,119,345 | 1,119,345 |
Total investments (Cost $70,302,185) 99.2% | $70,691,685 | ||||
Other assets and liabilities, net 0.8% | 534,442 | ||||
Total net assets 100.0% | $71,226,127 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated. | |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
(A) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(B) | The rate shown is the annualized seven-day yield as of 1-31-22. |
The fund had the following sector
composition as a percentage of net assets on 1-31-22:
Information technology | 16.4% |
Financials | 15.2% |
Health care | 13.9% |
Consumer staples | 10.8% |
Utilities | 8.9% |
Industrials | 8.7% |
Consumer discretionary | 7.6% |
Communication services | 7.5% |
Materials | 5.3% |
Energy | 3.4% |
Short-term investments and other | 2.3% |
TOTAL | 100.0% |
4 | JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Notes to Fund’s investments (unaudited) |
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other
disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the
NYSE pursuant to the fund’s Valuation Policies and Procedures.
In order to value the securities,
the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal
market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end
mutual funds are valued at their respective NAVs each business day. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.
In certain instances, the Pricing
Committee may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as
scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.
Other portfolio securities and
assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the fund’s Pricing Committee following procedures established by the Board of
Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for
such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities
between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the
fund’s Pricing Committee, following procedures established by the Board of Trustees. The fund uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in
order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.
The fund uses a three-tier hierarchy
to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities,
including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment
speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities
valued using significant unobservable inputs when market prices are not readily available or reliable, including the fund’s own assumptions in determining the fair value of investments. Factors used in
determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the
risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
The following is a summary of the
values by input classification of the fund’s investments as of January 31, 2022, by major security category or type:
Total value at 1-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Canada | $6,331,259 | $6,331,259 | — | — |
France | 4,304,654 | — | $4,304,654 | — |
Germany | 5,839,325 | — | 5,839,325 | — |
Hong Kong | 379,200 | — | 379,200 | — |
Ireland | 838,269 | 838,269 | — | — |
Italy | 1,471,981 | — | 1,471,981 | — |
Japan | 1,007,465 | — | 1,007,465 | — |
Norway | 1,041,507 | — | 1,041,507 | — |
South Korea | 935,550 | — | 935,550 | — |
Spain | 318,155 | — | 318,155 | — |
Switzerland | 1,652,497 | — | 1,652,497 | — |
Taiwan | 1,054,618 | 1,054,618 | — | — |
United Kingdom | 5,964,316 | 2,522,869 | 3,441,447 | — |
United States | 38,433,544 | 38,433,544 | — | — |
Short-term investments | 1,119,345 | 1,119,345 | — | — |
Total investments in securities | $70,691,685 | $50,299,904 | $20,391,781 | — |
For additional information on the
fund’s significant accounting policies and risks, please refer to the fund’s most recent semiannual or annual shareholder report and prospectus.
| | 5 |