NPORT-EX 3 edgar.htm
John Hancock
Tax-Advantaged Global Shareholder Yield Fund
Quarterly portfolio holdings 7/31/2023
Fund’s investments  
As of 7-31-23 (unaudited)
        Shares Value
Common stocks 97.8%         $58,828,813
(Cost $57,312,053)          
Austria 0.8%         487,174
BAWAG Group AG (A)(B)     10,000 487,174
Canada 6.7%         4,043,511
BCE, Inc.     11,200 483,792
Enbridge, Inc.     14,800 544,120
Fortis, Inc.     7,500 319,702
Great-West Lifeco, Inc.     11,100 334,772
Nutrien, Ltd.     7,100 489,119
Restaurant Brands International, Inc.     13,700 1,048,872
Royal Bank of Canada     4,100 406,471
TELUS Corp.     23,400 416,663
France 6.9%         4,152,354
AXA SA     28,200 866,836
Cie Generale des Etablissements Michelin SCA     11,000 360,218
Orange SA     49,000 553,888
Sanofi     8,800 938,824
TotalEnergies SE     17,200 1,045,012
Vinci SA     3,300 387,576
Germany 6.5%         3,920,166
Allianz SE     2,600 621,398
Bayer AG     7,107 415,642
Deutsche Telekom AG     43,890 956,856
DHL Group     16,800 863,910
Muenchener Rueckversicherungs-Gesellschaft AG     1,500 564,669
Siemens AG     2,920 497,691
Ireland 0.9%         552,888
Medtronic PLC     6,300 552,888
Italy 1.2%         738,575
Snam SpA     140,500 738,575
Japan 1.1%         646,269
Astellas Pharma, Inc.     21,200 309,994
Toyota Motor Corp.     20,000 336,275
Norway 0.9%         508,958
Orkla ASA     64,500 508,958
South Korea 2.0%         1,229,522
Hyundai Glovis Company, Ltd.     2,600 355,519
Samsung Electronics Company, Ltd., GDR (A)     400 544,938
SK Telecom Company, Ltd.     9,100 329,065
Switzerland 2.9%         1,714,020
Nestle SA     3,000 367,557
Novartis AG     9,603 1,005,407
Roche Holding AG     1,100 341,056
Taiwan 1.1%         634,560
Taiwan Semiconductor Manufacturing Company, Ltd., ADR     6,400 634,560
United Kingdom 9.6%         5,789,599
AstraZeneca PLC, ADR     12,331 884,133
2 JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND | QUARTERLY REPORT SEE NOTES TO FUND’S INVESTMENTS
        Shares Value
United Kingdom (continued)          
BAE Systems PLC     34,600 $413,783
British American Tobacco PLC     28,600 961,764
Coca-Cola Europacific Partners PLC     16,100 1,020,579
GSK PLC     33,120 589,574
Imperial Brands PLC     15,000 354,382
National Grid PLC     43,250 573,271
Schroders PLC     55,700 328,619
Unilever PLC     12,348 663,494
United States 57.2%         34,411,217
AbbVie, Inc.     8,200 1,226,556
Air Products & Chemicals, Inc.     1,200 366,396
American Electric Power Company, Inc.     7,800 660,972
Analog Devices, Inc.     6,000 1,197,180
Apple, Inc.     3,000 589,350
AT&T, Inc.     40,447 587,290
Bank of America Corp.     11,100 355,200
Bristol-Myers Squibb Company     7,000 435,330
Broadcom, Inc.     1,700 1,527,703
Chevron Corp.     2,000 327,320
Cisco Systems, Inc.     18,000 936,720
Columbia Banking System, Inc.     17,300 386,655
Cummins, Inc.     2,300 599,840
CVS Health Corp.     4,200 313,698
Dell Technologies, Inc., Class C     7,100 375,732
Dow, Inc.     10,300 581,641
Duke Energy Corp.     3,500 327,670
Eaton Corp. PLC     1,700 349,044
Eli Lilly & Company     800 363,640
Emerson Electric Company     5,000 456,750
Entergy Corp.     4,000 410,800
Evergy, Inc.     8,400 503,748
Hasbro, Inc.     17,400 1,123,344
IBM Corp.     8,300 1,196,694
International Flavors & Fragrances, Inc.     4,100 346,901
Johnson & Johnson     1,900 318,307
JPMorgan Chase & Co.     4,608 727,880
KLA Corp.     1,300 668,135
Lazard, Ltd., Class A     17,000 596,700
Leggett & Platt, Inc.     10,700 313,082
Linde PLC     900 351,603
Lockheed Martin Corp.     700 312,459
LyondellBasell Industries NV, Class A     6,300 622,818
Merck & Company, Inc.     3,600 383,940
MetLife, Inc.     9,834 619,247
Microsoft Corp.     3,866 1,298,667
MSC Industrial Direct Company, Inc., Class A     9,500 958,740
NetApp, Inc.     6,700 522,667
NextEra Energy, Inc.     6,700 491,110
NiSource, Inc.     24,300 676,512
Omnicom Group, Inc.     3,900 330,018
Paychex, Inc.     3,100 388,957
PepsiCo, Inc.     1,700 318,682
Pfizer, Inc.     18,900 681,534
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 $967,284
Pinnacle West Capital Corp.     8,600 712,252
Regions Financial Corp.     18,500 376,845
RTX Corp.     3,700 325,341
Texas Instruments, Inc.     7,000 1,260,000
The Coca-Cola Company     5,500 340,615
The Home Depot, Inc.     1,000 333,840
The PNC Financial Services Group, Inc.     3,700 506,493
Truist Financial Corp.     10,600 352,132
U.S. Bancorp     10,800 428,544
United Parcel Service, Inc., Class B     2,300 430,399
UnitedHealth Group, Inc.     700 354,459
Vail Resorts, Inc.     1,300 306,137
Verizon Communications, Inc.     17,000 579,360
VICI Properties, Inc.     10,200 321,096
Walmart, Inc.     2,400 383,664
WEC Energy Group, Inc.     3,400 305,524
    
    Yield (%)   Shares Value
Short-term investments 1.2%       $717,768
(Cost $717,768)          
Short-term funds 1.2%         717,768
State Street Institutional Treasury Money Market Fund, Premier Class 5.1004(C)   717,768 717,768
    
Total investments (Cost $58,029,821) 99.0%     $59,546,581
Other assets and liabilities, net 1.0%     586,306
Total net assets 100.0%         $60,132,887
    
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) Non-income producing security.
(C) The rate shown is the annualized seven-day yield as of 7-31-23.
The fund had the following sector composition as a percentage of net assets on 7-31-23:
Information technology 17.9%
Health care 15.2%
Financials 13.2%
Industrials 10.5%
Consumer staples 9.8%
Utilities 9.5%
Communication services 7.0%
Consumer discretionary 6.4%
Materials 4.6%
Energy 3.2%
Real estate 0.5%
Short-term investments and other 2.2%
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 Advisor’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 of the Advisor 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 Pricing Committee following procedures established by the Advisor and adopted 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 Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor 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 Advisor’s 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 July 31, 2023, by major security category or type:
  Total
value at
7-31-23 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
         
Investments in securities:        
Assets        
Common stocks        
Austria $487,174 — $487,174 —
Canada 4,043,511 $4,043,511 — —
France 4,152,354 — 4,152,354 —
Germany 3,920,166 — 3,920,166 —
Ireland 552,888 552,888 — —
Italy 738,575 — 738,575 —
Japan 646,269 — 646,269 —
Norway 508,958 — 508,958 —
South Korea 1,229,522 — 1,229,522 —
Switzerland 1,714,020 — 1,714,020 —
Taiwan 634,560 634,560 — —
United Kingdom 5,789,599 1,904,712 3,884,887 —
United States 34,411,217 34,411,217 — —
Short-term investments 717,768 717,768 — —
Total investments in securities $59,546,581 $42,264,656 $17,281,925 —
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.
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