November 17, 2016 - By Marie Mckinney · 0 Comments
John Hancock Tax-advantaged Global Shareholder Yield Fund (NYSE:HTY) institutional sentiment decreased to 0.64 in Q2 2016. Its down -0.26, from 0.9 in 2016Q1. The ratio dropped, as 7 hedge funds increased or opened new holdings, while 11 sold and trimmed holdings in John Hancock Tax-advantaged Global Shareholder Yield Fund. The hedge funds in our partner’s database now hold: 1.50 million shares, down from 1.67 million shares in 2016Q1. Also, the number of hedge funds holding John Hancock Tax-advantaged Global Shareholder Yield Fund in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 8 Increased: 6 New Position: 1.
John Hancock Tax-Advantaged Global Shareholder Yield Fund is a closed-end management investment fund. The company has a market cap of $105.37 million. The Fund’s investment objective is to provide total return consisting of a high level of current income and gains and long-term capital appreciation. It currently has negative earnings. In pursuing its investment objective of total return, the Fund will seek to emphasize high current income.
About 43,761 shares traded hands or 58.93% up from the average. John Hancock Tax-Advntgd Glbl SH Yld Fd (NYSE:HTY) has declined 7.09% since April 15, 2016 and is downtrending. It has underperformed by 11.71% the S&P500.
Clenar Muke Llc holds 0.14% of its portfolio in John Hancock Tax-Advntgd Glbl SH Yld Fd for 233,064 shares. Investors Capital Advisory Services owns 18,092 shares or 0.04% of their US portfolio. Moreover, Livingston Group Asset Management Co (Operating As Southport Capital Management) has 0.04% invested in the company for 7,500 shares. The New York-based National Asset Management Inc. has invested 0.03% in the stock. Advisors Asset Management Inc., a Colorado-based fund reported 42,239 shares.#img1#
John Hancock Tax-Advantaged Global Shareholder Yield Fund (the Fund) is a diversified, closed-end management investment company. The Fundâ€™s investment objective is to provide a high level of total return consisting of a high level of current income and gains and long term capital appreciation. The Fund will seek to achieve favorable after-tax returns for its shareholders by seeking to minimize the federal income tax consequences on income and gains generated by the Fund. Under normal market condition, the Fund will invest at least 80% of its total assets in a diversified portfolio of dividend-paying stocks of issuers located around the world. The Fund also intends to write call options on a variety of both U.S. and non-U.S. broad indices. It invests in sectors, such as utilities, telecommunication services, consumer staples, financials, industrials, energy, healthcare, information technology, consumer discretionary and materials. The Fundâ€™s investment advisor is John Hancock Advisers, LLC, a wholly owned indirect subsidiary of Manulife Financial Corporation. The Company’s sub-advisors are Epoch Investment Partners, Inc. and Analytic Investors, LLC.
Another recent and important John Hancock Tax-Advntgd Glbl SH Yld Fd (NYSE:HTY) news was published by Reuters.com which published an article titled: “John Hancock Tax Advantaged Global Shareholder Yield Fund Declares Quarterly Distribution” on December 01, 2011.
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By Marie Mckinney