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John Hancock Tax-Advantaged Global Shareholder Yield Fund (John Hancock Tax-Advantaged Global Shareholder Yield Fund) Net Cash per Share : $-0.13 (As of Oct. 2023)


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What is John Hancock Tax-Advantaged Global Shareholder Yield Fund Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). John Hancock Tax-Advantaged Global Shareholder Yield Fund's Net Cash per Share for the quarter that ended in Oct. 2023 was $-0.13.

The historical rank and industry rank for John Hancock Tax-Advantaged Global Shareholder Yield Fund's Net Cash per Share or its related term are showing as below:

HTY's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.36
* Ranked among companies with meaningful Price-to-Net-Cash only.

John Hancock Tax-Advantaged Global Shareholder Yield Fund Net Cash per Share Historical Data

The historical data trend for John Hancock Tax-Advantaged Global Shareholder Yield Fund's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

John Hancock Tax-Advantaged Global Shareholder Yield Fund Net Cash per Share Chart

John Hancock Tax-Advantaged Global Shareholder Yield Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Cash per Share
Get a 7-Day Free Trial -0.10 -0.04 -0.02 -0.03 -0.13

John Hancock Tax-Advantaged Global Shareholder Yield Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.01 -0.03 -0.01 -0.13

Competitive Comparison of John Hancock Tax-Advantaged Global Shareholder Yield Fund's Net Cash per Share

For the Asset Management subindustry, John Hancock Tax-Advantaged Global Shareholder Yield Fund's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Hancock Tax-Advantaged Global Shareholder Yield Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Tax-Advantaged Global Shareholder Yield Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where John Hancock Tax-Advantaged Global Shareholder Yield Fund's Price-to-Net-Cash falls into.



John Hancock Tax-Advantaged Global Shareholder Yield Fund Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

John Hancock Tax-Advantaged Global Shareholder Yield Fund's Net Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as

John Hancock Tax-Advantaged Global Shareholder Yield Fund's Net Cash per Share for the quarter that ended in Oct. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


John Hancock Tax-Advantaged Global Shareholder Yield Fund  (NYSE:HTY) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


John Hancock Tax-Advantaged Global Shareholder Yield Fund Net Cash per Share Related Terms

Thank you for viewing the detailed overview of John Hancock Tax-Advantaged Global Shareholder Yield Fund's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


John Hancock Tax-Advantaged Global Shareholder Yield Fund (John Hancock Tax-Advantaged Global Shareholder Yield Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Tax-Advantaged Global Shareholder Yield Fund is a closed-end management investment company. Its investment objective is to provide a total return consisting of a high level of current income and gains and long-term capital appreciation. The fund seeks to invest a majority of its total assets in a diversified portfolio of dividend-paying securities of issuers located throughout the world. Its portfolio composition comprises different sectors such as utilities, consumer staples, financials, healthcare, industrial, energy, materials, telecommunication services, and others.
Executives
Andy Mcfetridge officer: Director of the Adviser 200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg officer: President & CEO of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
York Lo officer: Vice President, Investments C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Dean Garfield director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Kathryn Hayes other: Filer and Employee of the Fund C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga director C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Frances G Rathke other: Trustee of the Fund C/O GREEN MOUNTAIN COFFEE ROASTERS, INC., 33 COFFEE LANE, WATERBURY VT 05676
Brian Macphee officer: Vice President of the Adviser C/O JOHN HANCOCK, 164 CORPORATE DRIVE, PORTSMOUTH NH 03801
Steven R Pruchansky other: Trustee, the Fund C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Christopher Pompilio officer: Vice President of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Michael Tassinari officer: Vice President of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116

John Hancock Tax-Advantaged Global Shareholder Yield Fund (John Hancock Tax-Advantaged Global Shareholder Yield Fund) Headlines