An anonymous director of John Hancock reports

JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS

The five John Hancock closed-end funds, listed in the attached distributions table, of Manulife Financial Corp., declared their quarterly distributions today.

     DISTRIBUTION DATES
 
Declaration date  Dec. 1, 2015 
Ex date           Dec. 9, 2015 
Record date       Dec. 11, 2015
Payment date      Dec. 31, 2015

                                                DISTRIBUTIONS    

Ticker Fund name                   Distribution Change from previous Market price as of Annualized current at market
                                      per share         distribution      Nov. 30, 2015            distribution rate

HEQ    Hedged Equity & Income Fund      $0.3760                   --             $15.02                        10.01%
JHI    Investors Trust                  $0.3735              $0.0140             $14.64                        10.20%
JHS    Income Securities Trust          $0.2193              $0.0014             $13.65                         6.43%
HTY    Tax-Advantaged Global
       Shareholder Yield Fund           $0.3200                   --             $10.41                        12.30%
BTO    Financial Opportunities          $0.3701                   --             $28.59                         5.18%

John Hancock Financial Opportunities Fund

Financial Opportunities Fund declared its quarterly distribution pursuant to the fund's managed distribution plan. Under the BTO plan, the fund makes quarterly distributions in a fixed amount of 37.01 cents per share, which will be paid quarterly until further notice.

Distributions under the BTO plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The BTO plan intends to finance each distribution, to the extent possible, in a tax-advantaged manner through the realization of long-term capital gains where the distribution amount exceeds net investment income. The fund will seek to realize capital gains for this purpose in a manner which the adviser and subadviser believe is consistent with prudent portfolio management and the investment objective, policies and restrictions of the fund.

The fund may also make additional distributions: (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular quarterly distributions. The board may amend the terms of the BTO plan or terminate the BTO plan at any time.

John Hancock Hedged Equity & Income Fund

Hedged Equity & Income Fund declared its quarterly distribution pursuant to the fund's managed distribution plan. Under the HEQ plan, the fund makes quarterly distributions in a fixed amount of 37.60 cents per share, which will be paid quarterly until further notice.

Distributions under the HEQ plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The fund may also make additional distributions: (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular quarterly distributions. The board may amend the terms of the HEQ plan or terminate the HEQ plan at any time.

A portion of a fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be mailed to shareholders at the time of payment if it does not consist solely of net investment income. At this time, one or more of the funds anticipates that the notice accompanying the current distribution will include an estimate of return of capital. Such notice will also be posted to the funds' website. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.

About John Hancock Investments

John Hancock Investments provides asset management services to individuals and institutions through a unique manager-of-managers approach. A wealth management business of John Hancock Financial, it managed $127-billion in assets as of Sept. 30, 2015, across mutual funds, college savings plans and retirement plans.

About John Hancock Financial

John Hancock Financial is a division of Manulife Financial.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, 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 the John Hancock website.

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