BOSTON , Dec. 1 /PRNewswire-FirstCall/ -- Nine John Hancock closed-end funds declared their monthly dividends and capital gain distributions today as follows:

    Declaration Date: December 1, 2006
    Ex Date:          December 7, 2006
    Record Date:      December 11, 2006
    Payable Date:     December 29, 2006

                                                 Change
                                   Annualized     from   Short-Term  Long-Term
                                    Yield at    Previous  Capital     Capital
    Ticker  Fund Name    Dividend   Market*       Month     Gain        Gain

    PDF     Patriot       $0.0390    5.20 %         -         -         -
            Premium
            Dividend
            Fund I

    PDT     Patriot       $0.0480    5.07 %         -         -         -
            Premium
            Dividend
            Fund II

    DIV     Patriot       $0.0560    5.01 %         -         -         -
            Select
            Dividend
            Trust

    PGD     Patriot       $0.0590    5.45 %         -         -         -
            Global
            Dividend
            Fund

    PPF     Patriot       $0.0720    6.38 %         -         -         -
            Preferred
            Dividend
            Fund

    HPI     Preferred     $0.1550    7.34 %         -     $0.10281  $0.10878
            Income
            Fund

    HPF     Preferred     $0.1550    7.32 %         -     $0.39096  $0.04294
            Income
            Fund II

    HPS     Preferred     $0.1320    7.04 %         -     $0.00000  $0.07170
            Income
            Fund III

    HTD     Tax-          $0.0967    5.82 %         -     $0.15753  $0.37456
            Advantaged
            Dividend
            Income
            Fund

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 September 30, 2006 , investors entrusted John Hancock Funds with $50.7 billion in assets. Additional information about John Hancock Funds can be found on the website: http://www.jhfunds.com.

About John Hancock and Manulife Financial

John Hancock is a unit of Manulife Financial Corporation (the Company), a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as 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$381 billion (US$341 billion) as at September 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 November 30, 2006 closing market price

SOURCE John Hancock Funds