John Hancock Closed-end Funds Declare Monthly Dividends

John Hancock Closed-end Funds Declare Monthly Dividends 


BOSTON, July 1  /PRNewswire-FirstCall/ -- Nine John Hancock closed-end funds
declared their monthly dividends today as follows:

   Declaration Date:   July 1, 2005
   Ex Date:            July 7, 2005
   Record Date:        July 11, 2005
   Payable Date:       July 29, 2005

                                                              Annualized
   Ticker    Fund Name                           Amount     Yield at Market*
   PDF       Patriot Premium Dividend Fund I     $0.0460         5.93%
   PDT       Patriot Premium Dividend Fund II    $0.0650         6.46%
   DIV       Patriot Select Dividend Trust       $0.0750         6.53%
   PGD       Patriot Global Dividend Fund        $0.0690         6.25%
   PPF       Patriot Preferred Dividend Fund     $0.0720         6.28%
   HPI       Preferred Income Fund               $0.1550         7.98%
   HPF       Preferred Income Fund II            $0.1550         7.91%
   HPS       Preferred Income Fund III           $0.1480         8.07%
   HTD       Tax-Advantaged Dividend Income Fund $0.0967         6.38%



John Hancock Funds, a premier investment management company, managed more than
$30.6 billion in open-end funds, closed-end funds, private accounts, retirement
plans and related party assets for individual and institutional investors as of
March 31, 2005. Additional information about the company can be found on the
website: http://www.jhfunds.com/.

John Hancock Funds is a wholly owned subsidiary of John Hancock Financial
Services, Inc., a subsidiary of Manulife Financial Corporation. Founded in
1862, John Hancock Financial Services and its subsidiaries today offer a broad
range of financial products and services, including whole, term, variable, and
universal life insurance, as well as college savings products, mutual funds,
fixed and variable annuities, long-term care insurance and various forms of
business insurance.

John Hancock is a unit of Manulife Financial Corporation, a leading
Canadian-based financial services group serving millions of customers in 19
countries and territories worldwide.  Operating as Manulife Financial in Canada
and most of Asia, and primarily through John Hancock in the United States, the
Company offers clients a diverse range of financial protection products and
wealth management services through its extensive network of employees, agents
and distribution partners.  Funds under management by Manulife Financial and
its subsidiaries were Cdn$350 billion (US$290 billion) as of March 31, 2005.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and
under '0945' on the SEHK.  Manulife Financial can be found on the Internet at
http://www.manulife.com/

The John Hancock unit, through its insurance companies, comprises one of the
largest life insurers in the United States.  John Hancock offers a broad range
of financial products and services, including whole life, term life, variable
life, and universal life insurance, as well as college savings products, fixed
and variable annuities, long-term care insurance, mutual funds and various
forms of business insurance.

* Based on the June 30, 2005 closing market price. 

DATASOURCE: John Hancock Funds



CONTACT:  Kimberley Dietrich [phone] or Investors:

[phone] both of John Hancock



Web site: http://www.jhfunds.com/

http://www.manulife.com/

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