John Hancock Tax-Advantaged Global Shareholder Yield Fund (the Fund) is a diversified, closed-end management investment company. 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. The Fund will invest at least 80% of its total assets in a diversified portfolio of dividend-paying stocks of issuers located worldwide. The Fund also focuses to write call options on a variety of both the United States and non-United States broad-based indices. It invests in sectors, such as utilities, telecommunication services, consumer staples, financials, industrials, energy, healthcare, information technology, consumer discretionary and materials. The Fund's investment advisor is John Hancock Advisers, LLC, a wholly owned indirect subsidiary of Manulife Financial Corporation. Its sub-advisors are Epoch Investment Partners, Inc. and Analytic Investors, LLC.