John Hancock Closed-end Funds Declare Monthly Dividends

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

  Declaration Date:    November 1, 2006
  Ex Date:             November 9, 2006
  Record Date:         November 13, 2006
  Payable Date:        November 30, 2006


                                                                     Change
                                                         Annualized   from
  Ticker            Fund Name                   Amount     Yield    Previous
                                                          at Market*  Month
  PDF   Patriot Premium Dividend Fund I         $0.0390     5.32%       -
  PDT   Patriot Premium Dividend Fund II        $0.0480     5.12%       -
  DIV   Patriot Select Dividend Trust           $0.0560     5.11%       -
  PGD   Patriot Global Dividend Fund            $0.0590     5.57%       -
  PPF   Patriot Preferred Dividend Fund         $0.0720     6.52%       -
  HPI   Preferred Income Fund                   $0.1550     7.36%       -
  HPF   Preferred Income Fund II                $0.1550     7.44%       -
  HPS   Preferred Income Fund III               $0.1320     7.11%       -
  HTD   Tax-Advantaged Dividend Income Fund     $0.0967     5.97%       -




John Hancock Funds, the mutual fund business unit of John Hancock Financial Services, offers a broad array of investment products, including open-end and closed-end funds, privately managed accounts, 529 plans and retirement accounts to retail and institutional investors.  As of June 30, 2006, investors entrusted John Hancock Funds with $47.5 billion in assets. Additional information about John Hancock Funds can be found on the website: http://www.jhfunds.com/.

About Manulife Financial and John Hancock

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 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$370 billion (US$332 billion) as at June 30, 2006. 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 universal life insurance, variable life, term life and whole life, as well as college savings products, fixed and variable annuities, long-term care insurance, mutual funds, 401(k) plans and various forms of business insurance.

* Based on October 31, 2006 closing market price 

DATASOURCE: John Hancock Funds



CONTACT:  Kimberley Dietrich [phone] or Investors:

[phone] both of John Hancock



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

Copyright