BOSTON, Jan. 24, 2011 /PRNewswire/ -- Steven R. Pruchansky, an independent Trustee of
the John Hancock Funds, has been appointed Chair of the Boards of
Trustees effective January 1, 2011.
Mr. Pruchansky succeeds Patti McGill
Peterson, an independent Trustee who served as Chair for a
two-year term from January 1, 2009
until December 31, 2010.
The John Hancock Closed-End Funds are: John Hancock Bank and Thrift Opportunity Fund
(NYSE: BTO); John Hancock Income Securities Trust (NYSE: JHS); John
Hancock Investors Trust (NYSE: JHI); John Hancock Preferred Income
Fund (NYSE: HPI); John Hancock Preferred Income Fund II (NYSE:
HPF); John Hancock Preferred Income Fund III (NYSE: HPS); John
Hancock Premium Dividend Fund, previously known as John Hancock
Patriot Premium Dividend Fund II (NYSE: PDT); John Hancock
Tax-Advantaged Dividend Income Fund (NYSE: HTD); and John Hancock
Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY).
Mr. Pruchansky has served as an independent Trustee of various
John Hancock Funds since 1992. Mr. Pruchansky is also the
Chairman and Chief Executive Officer of Greenscapes of Southwest Florida, Inc. (since 2000). In
addition, he is a Member of Board of Advisors of First American
Bank (since 2008) and a Managing Director of Jon James, LLC (since 2000).
About John Hancock Funds
The Boston-based mutual fund
business unit of John Hancock Financial, John Hancock Funds,
manages more than $60.8 billion in
open-end funds, closed-end funds, private accounts, retirement
plans and related party assets for individual and institutional
investors at September 30, 2010.
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$474 billion (US$460 billion) at September 30, 2010.
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 www.manulife.com.
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,
fixed and variable 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