NPORT-EX 3 edgar.htm
John Hancock
Tax-Advantaged Global Shareholder Yield Fund
Quarterly portfolio holdings 1/31/2024
Fund’s investments  
As of 1-31-24 (unaudited)
        Shares Value
Common stocks 98.7%         $56,547,732
(Cost $54,798,890)          
Austria 0.8%         478,825
BAWAG Group AG (A)(B)   9,300 478,825
Canada 6.3%         3,628,861
BCE, Inc.   11,800 476,143
Enbridge, Inc.   13,900 493,574
Great-West Lifeco, Inc.   9,200 307,111
Nutrien, Ltd.   6,500 324,155
Restaurant Brands International, Inc.   11,600 905,728
Rogers Communications, Inc., Class B   7,700 359,671
Royal Bank of Canada   3,500 341,578
TELUS Corp.   23,500 420,901
France 7.2%         4,138,725
AXA SA   26,500 889,481
Cie Generale des Etablissements Michelin SCA   13,500 448,236
Orange SA   43,100 512,542
Sanofi SA   8,900 891,295
TotalEnergies SE   15,500 1,005,572
Vinci SA   3,100 391,599
Germany 5.7%         3,254,154
Allianz SE   2,500 667,940
Deutsche Post AG   15,700 751,938
Deutsche Telekom AG   41,190 1,011,124
Muenchener Rueckversicherungs-Gesellschaft AG   1,000 425,719
Siemens AG   2,220 397,433
Ireland 1.0%         542,748
Medtronic PLC   6,200 542,748
Italy 1.2%         698,404
Snam SpA   143,000 698,404
Japan 1.2%         672,421
Astellas Pharma, Inc.   29,800 346,946
Toyota Motor Corp.   16,300 325,475
Norway 0.6%         328,208
Orkla ASA   41,900 328,208
South Korea 2.1%         1,188,134
Hyundai Glovis Company, Ltd. (B)   2,500 327,356
Samsung Electronics Company, Ltd., GDR (A)   352 481,032
SK Telecom Company, Ltd.   10,100 379,746
Switzerland 3.3%         1,899,963
Garmin, Ltd.   2,800 334,572
Nestle SA   3,000 341,852
Novartis AG   8,803 910,351
Roche Holding AG   1,100 313,188
Taiwan 1.2%         677,760
Taiwan Semiconductor Manufacturing Company, Ltd., ADR   6,000 677,760
United Kingdom 9.2%         5,269,082
AstraZeneca PLC, ADR   9,831 655,138
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   27,300 $406,673
British American Tobacco PLC   18,200 536,602
Coca-Cola Europacific Partners PLC   15,100 1,040,390
GSK PLC   31,220 617,461
Imperial Brands PLC   24,400 585,725
National Grid PLC   40,450 538,758
Schroders PLC   63,800 326,407
Unilever PLC   11,548 561,928
United States 58.9%         33,770,447
AbbVie, Inc.   7,400 1,216,561
Air Products & Chemicals, Inc.   1,200 306,852
American Electric Power Company, Inc.   6,200 484,468
Analog Devices, Inc.   4,700 904,092
Apple, Inc.   2,800 516,320
AT&T, Inc.   38,747 685,434
Bank of America Corp.   10,000 340,100
Best Buy Company, Inc.   4,200 304,458
Bristol-Myers Squibb Company   8,800 430,056
Broadcom, Inc.   1,200 1,416,000
Chevron Corp.   2,100 309,603
Cisco Systems, Inc.   18,600 933,348
Columbia Banking System, Inc.   16,300 328,608
Cummins, Inc.   2,300 550,390
CVS Health Corp.   4,300 319,791
Dell Technologies, Inc., Class C   5,300 439,264
Dow, Inc.   9,300 498,480
Duke Energy Corp.   3,300 316,239
Eaton Corp. PLC   1,400 344,512
Eli Lilly & Company   700 451,927
Emerson Electric Company   3,900 357,747
Entergy Corp.   3,800 379,088
Evergy, Inc.   7,800 396,006
Hasbro, Inc.   14,800 724,460
Hewlett Packard Enterprise Company   19,700 301,213
IBM Corp.   7,800 1,432,548
Johnson & Johnson   2,400 381,360
JPMorgan Chase & Co.   4,208 733,707
KLA Corp.   1,300 772,252
Lazard, Inc.   16,000 623,680
Linde PLC   800 323,864
Lockheed Martin Corp.   700 300,587
LyondellBasell Industries NV, Class A   6,000 564,720
McDonald’s Corp.   1,000 292,720
Merck & Company, Inc.   3,900 471,042
MetLife, Inc.   17,734 1,229,321
Microsoft Corp.   3,766 1,497,286
Mondelez International, Inc., Class A   4,400 331,188
MSC Industrial Direct Company, Inc., Class A   8,300 819,044
NetApp, Inc.   6,200 540,640
NextEra Energy, Inc.   8,200 480,766
NiSource, Inc.   36,300 942,711
Omnicom Group, Inc.   4,700 424,786
Paychex, Inc.   2,500 304,325
SEE NOTES TO FUND’S INVESTMENTS QUARTERLY REPORT | JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND 3
        Shares Value
United States (continued)          
PepsiCo, Inc.   1,700 $286,501
Pfizer, Inc.   11,100 300,588
Philip Morris International, Inc.   8,800 799,480
Pinnacle West Capital Corp.   9,400 647,660
Regions Financial Corp.   18,000 336,060
RTX Corp.   4,100 373,592
Texas Instruments, Inc.   3,200 512,384
The Coca-Cola Company   6,000 356,940
The Home Depot, Inc.   1,000 352,960
The PNC Financial Services Group, Inc.   3,400 514,114
The Williams Companies, Inc.   8,800 305,008
Truist Financial Corp.   10,600 392,836
U.S. Bancorp   9,100 378,014
United Parcel Service, Inc., Class B   2,000 283,800
UnitedHealth Group, Inc.   700 358,218
Vail Resorts, Inc.   1,400 310,800
Verizon Communications, Inc.   16,500 698,775
Walmart, Inc.   2,500 413,125
WEC Energy Group, Inc.   5,300 428,028
    
    Yield (%)   Shares Value
Short-term investments 1.7%       $989,583
(Cost $989,583)          
Short-term funds 1.7%         989,583
State Street Institutional Treasury Money Market Fund, Premier Class 5.2641(C)   989,583 989,583
    
Total investments (Cost $55,788,473) 100.4%     $57,537,315
Other assets and liabilities, net (0.4%)     (232,151)
Total net assets 100.0%         $57,305,164
    
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 1-31-24.
The fund had the following sector composition as a percentage of net assets on 1-31-24:
Information technology 18.2%
Financials 14.5%
Health care 14.3%
Industrials 9.8%
Consumer staples 9.7%
Utilities 9.3%
Communication services 8.7%
Consumer discretionary 7.0%
Energy 3.7%
Materials 3.5%
Short-term investments and other 1.3%
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 Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC.
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 January 31, 2024, by major security category or type:
  Total
value at
1-31-24 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
         
Investments in securities:        
Assets        
Common stocks        
Austria $478,825 — $478,825 —
Canada 3,628,861 $3,628,861 — —
France 4,138,725 — 4,138,725 —
Germany 3,254,154 — 3,254,154 —
Ireland 542,748 542,748 — —
Italy 698,404 — 698,404 —
Japan 672,421 — 672,421 —
Norway 328,208 — 328,208 —
South Korea 1,188,134 481,032 707,102 —
Switzerland 1,899,963 334,572 1,565,391 —
Taiwan 677,760 677,760 — —
United Kingdom 5,269,082 1,695,528 3,573,554 —
United States 33,770,447 33,770,447 — —
Short-term investments 989,583 989,583 — —
Total investments in securities $57,537,315 $42,120,531 $15,416,784 —
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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