Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2012-09-13 | Hassell H. McClellan (1945) Nominee... Associate Professor, Boston College... Trustee of John Hancock Variable Insurance Trust and John Hancock Funds II... Aggregate Compensation: $300,000. |
| 2013-12-24 | Hassell H. McClellan Associate Professor, The Wallace E. Carroll School of Management, Boston College (since 1984); Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010). Trustee, John Hancock retail funds (since 2012); Trustee, John Hancock Funds III (2005-2006 and since 2012); Trustee, John Hancock Variable Insurance Trust and John Hancock Funds II (since 2005). Compliance Committee Chairperson Aggregate Compensation for the Fiscal Year Ended October 31, 2013 Hassell H. McClellan $4,340 Income Securities, $4,340 Investors. |
| 2014-11-25 | Hassell H. McClellan (1945) Trustee Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Compliance Committee Chairperson. Aggregate Compensation for the Fiscal Year Ended October 31, 2014: $363,500. |
| 2015-12-07 | Hassell H. McClellan (1945) Trustee Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee, John Hancock Collateral Trust and John Hancock Exchange-Traded Fund Trust (since 2015); Trustee, John Hancock retail funds (since 2012); Trustee, John Hancock Funds III (2005-2006 and since 2012); Trustee, John Hancock Variable Insurance Trust and John Hancock Funds II (since 2005). 2012 4000 annual retainer from each fund. |
| 2016-11-18 | Hassell H. McClellan (1945) Trustee Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee, John Hancock Collateral Trust and John Hancock Exchange-Traded Fund Trust (since 2015); Trustee, John Hancock retail funds (since 2012); Trustee, John Hancock Funds III (2005–2006 and since 2012); Trustee, John Hancock Variable Insurance Trust and John Hancock Funds II (since 2005). 2012 228 Aggregate Compensation for the Fiscal Year Ended October 31, 2016 Hassell H. McClellan $4,000 $4,000 $367,000 |
| 2017-12-14 | Hassell H. McClellan (1945) Trustee Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2014) and Chairperson of the Board (since 2017), John Hancock Collateral Trust; Trustee (since 2015) and Chairperson of the Board (since 2017), John Hancock Exchange-Traded Fund Trust; Trustee (since 2012) and Chairperson of the Board (since 2017), John Hancock retail funds; Trustee (2005–2006 and since 2012) and Chairperson of the Board (since 2017), John Hancock Funds III; Trustee (since 2005) and Chairperson of the Board (since 2017), John Hancock Variable Insurance Trust and John Hancock Funds II. Nominating & Governance Committee This Committee comprises all of the Independent Trustees as defined in Section 2(a)(19) of the 1940 Act. Mr. McClellan serves as Chairperson of this Committee. The purpose of this Committee is to make determinations and recommendations to the Board on issues related to the composition and operation of the Board and corporate governance matters applicable to the Independent Trustees. This Committee is solely responsible for the selection and recommendation to the Board of Independent Trustee candidates. This Committee held four meetings during the fiscal year ended October 31, 2017. Trustee Compensation Each fund pays fees to its Independent Trustees and Mr. Boyle. Trustees are also reimbursed for travel and other out-of-pocket expenses. Each Independent Trustee and Mr. Boyle receives in the aggregate from each fund and the other closed-end funds in the John Hancock Fund Complex an annual retainer of $40,000. The following table provides information regarding the compensation paid by each fund and the other investment companies in the John Hancock Fund Complex to the Independent Trustees and Mr. Boyle for their services for each fund's most recently completed fiscal year. Aggregate Compensation for the Fiscal Year Ended October 31, 2017 Independent Trustees Hassell H. McClellan $4,000 $4,000 $514,000 |
| 2018-12-13 | Hassell H. McClellan (1945) Trustee Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2014) and Chairperson of the Board (since 2017), John Hancock Collateral Trust; Trustee (since 2015) and Chairperson of the Board (since 2017), John Hancock Exchange-Traded Fund Trust; Trustee (since 2012) and Chairperson of the Board (since 2017), John Hancock retail funds; Trustee (2005–2006 and since 2012) and Chairperson of the Board (since 2017), John Hancock Funds III; Trustee (since 2005) and Chairperson of the Board (since 2017), John Hancock Variable Insurance Trust and John Hancock Funds II. 2012 214 Aggregate Compensation for the Fiscal Year Ended October 31, 2018 Hassell H. McClellan $4,000 $4,000 $529,000 |
| 2019-12-12 | Hassell H. McClellan (1945) Trustee Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010). Trustee Since 2012 Nominating and Governance Committee Chairperson Each Independent Trustee receives an annual retainer of $40,000 from all funds; McClellan received $4,000 from each of the two funds. |
| 2022-12-15 | Hassell H. McClellan(1945)Trustee Director/Trustee, Virtus Funds (2008–2020); Director, The Barnes Group (2010–2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. Trustee Since 2012 Number of Funds in John Hancock Fund Complex 183. The Board has a Nominating and Governance Committee comprising all Independent Trustees. Mr. McClellan serves as Chairperson of this Committee. Compensation: $588,000. |
| 2023-12-14 | Hassell H. McClellan (1945) Trustee since 2012. Director/Trustee, Virtus Funds (2008–2020); Director, The Barnes Group (2010–2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. Compensation: $826,000 total for all funds in the John Hancock Fund Complex. |
| 2024-12-12 | Hassell H. McClellan (1945) - Trustee since 2012; Trustee of Berklee College of Music (since 2022); Director/Trustee, Virtus Funds (2008–2020); Trustee and Chairperson of the Board of various trusts within the John Hancock Fund Complex. Compensation: $859,220. |
| Filing Date | Source Excerpt |
|---|---|
| 2012-09-13 | Hassell H. McClellan (1945) Nominee - Associate Professor, Boston College. Trustee of John Hancock Variable Insurance Trust and John Hancock Funds II. Total compensation: $300,000. |
| 2013-12-24 | Hassell H. McClellan - Associate Professor, The Wallace E. Carroll School of Management, Boston College (since 1984); Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010). Trustee, John Hancock retail funds (since 2012); Trustee, John Hancock Funds III (2005-2006 and since 2012); Trustee, John Hancock Variable Insurance Trust and John Hancock Funds II (since 2005). Compliance Committee member. Compensation: $4,340 for Income Securities and $4,340 for Investors. |
| 2014-11-25 | Hassell H. McClellan (1945) Trustee Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Compliance Committee Chairperson. Compensation: $4,000 from Income Securities and $4,000 from Investors funds. |
| 2015-12-07 | Hassell H. McClellan (1945) Trustee Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee, John Hancock Collateral Trust and John Hancock Exchange-Traded Fund Trust (since 2015); Trustee, John Hancock retail funds (since 2012); Trustee, John Hancock Funds III (2005-2006 and since 2012); Trustee, John Hancock Variable Insurance Trust and John Hancock Funds II (since 2005). 2012 $4000 Compliance Committee Chairperson. |
| 2016-11-18 | Hassell H. McClellan (1945) Trustee Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee, John Hancock Collateral Trust and John Hancock Exchange-Traded Fund Trust (since 2015); Trustee, John Hancock retail funds (since 2012); Trustee, John Hancock Funds III (2005–2006 and since 2012); Trustee, John Hancock Variable Insurance Trust and John Hancock Funds II (since 2005). 2012 228 The Board also has a standing Compliance Committee (Ms. Jackson and Messrs. Cunningham and McClellan). This Committee reviews and makes recommendations to the full Board regarding certain compliance matters relating to the funds. Mr. McClellan serves as Chairperson of this Committee. This Committee held four meetings during the fiscal year ended October 31, 2016. Aggregate Compensation for the Fiscal Year Ended October 31, 2016 Hassell H. McClellan $4,000 $4,000 $367,000 |
| 2017-12-14 | Hassell H. McClellan (1945) Trustee Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2014) and Chairperson of the Board (since 2017), John Hancock Collateral Trust; Trustee (since 2015) and Chairperson of the Board (since 2017), John Hancock Exchange-Traded Fund Trust; Trustee (since 2012) and Chairperson of the Board (since 2017), John Hancock retail funds; Trustee (2005–2006 and since 2012) and Chairperson of the Board (since 2017), John Hancock Funds III; Trustee (since 2005) and Chairperson of the Board (since 2017), John Hancock Variable Insurance Trust and John Hancock Funds II. 2012 223 Each Independent Trustee and Mr. Boyle receives in the aggregate from each fund and the other closed-end funds in the John Hancock Fund Complex an annual retainer of $40,000. The following table provides information regarding the compensation paid by each fund and the other investment companies in the John Hancock Fund Complex to the Independent Trustees and Mr. Boyle for their services for each fund's most recently completed fiscal year. Aggregate Compensation for the Fiscal Year Ended October 31, 2017 Independent Trustees Income Securities Trust $4,000 Investors Trust $4,000 Total Compensation All Funds in the John Hancock Fund Complex $514,000 |
| 2018-12-13 | Hassell H. McClellan (1945) Trustee Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2014) and Chairperson of the Board (since 2017), John Hancock Collateral Trust; Trustee (since 2015) and Chairperson of the Board (since 2017), John Hancock Exchange-Traded Fund Trust; Trustee (since 2012) and Chairperson of the Board (since 2017), John Hancock retail funds; Trustee (2005–2006 and since 2012) and Chairperson of the Board (since 2017), John Hancock Funds III; Trustee (since 2005) and Chairperson of the Board (since 2017), John Hancock Variable Insurance Trust and John Hancock Funds II. 2012 214 Each Independent Trustee receives in the aggregate from each fund and the other closed-end funds in the John Hancock Fund Complex an annual retainer of $40,000. Hassell H. McClellan receives $4,000 from Income Securities Trust and $4,000 from Investors Trust. |
| 2019-12-12 | Hassell H. McClellan (1945) Trustee Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010). Trustee Since 2012 Nominating and Governance Committee Chairperson Each Independent Trustee receives an annual retainer of $40,000 from all funds; McClellan received $4,000 from each of the two funds. |
| 2020-12-10 | Hassell H. McClellan(1945)Trustee Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013).Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. The Board has a Nominating & Governance Committee. This Committee comprises all of the Independent Trustees as defined in Section 2(a)(19) of the 1940 Act. Mr. McClellan serves as Chairperson of this Committee. Each Independent Trustee receives in the aggregate from each fund and the other closed-end funds in the John Hancock Fund Complex an annual retainer of $40,000. The following table provides information regarding the compensation paid by each fund and the other investment companies in the John Hancock Fund Complex to the Independent Trustees for their services for each fund’s most recently completed fiscal year. Aggregate Compensation for the Fiscal Year Ended October 31, 2020 Independent Trustees Income Securities Trust Investors Trust Total Compensation All Funds in the John Hancock Fund Complex Hassell H. McClellan $4,000 $4,000 $550,000 |
| 2022-12-15 | Hassell H. McClellan(1945)Trustee Director/Trustee, Virtus Funds (2008–2020); Director, The Barnes Group (2010–2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013).Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. |
| 2023-12-14 | Hassell H. McClellan (1945) Trustee since 2012. Director/Trustee, Virtus Funds (2008–2020); Director, The Barnes Group (2010–2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. |
| 2024-12-12 | Hassell H. McClellan (1945) - Trustee since 2012; Audit Committee Member; Chairperson of Nominating and Governance Committee; compensation $859,220. |
| Filing Date | Source Excerpt |
|---|---|
| 2012-09-13 | As a professor in the graduate management department of a major university and as a former director of several privately held companies, Mr. McClellan has experience in corporate and financial matters. |
| 2013-12-24 | Associate Professor, The Wallace E. Carroll School of Management, Boston College (since 1984); Trustee, Virtus Variable Insurance Trust (formerly Phoenix Edge Series Funds) (since 2008); Director, The Barnes Group (since 2010). |
| 2016-11-18 | Hassell H. McClellan (1945) Trustee - Trustee, Virtus Variable Insurance Trust; Director, The Barnes Group; Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired). |
| 2019-12-12 | Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). |
| 2021-12-09 | Associate Professor, The Wallace E. Carroll School of Management, Boston College; Director/Trustee, Virtus Funds; Director, The Barnes Group. |
| 2022-12-15 | Former professor of finance and policy; director of public and private companies; experience in corporate and financial matters. |
| 2023-12-14 | Director/Trustee, Virtus Funds (2008–2020); Director, The Barnes Group (2010–2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). |
Data sourced from SEC filings. Last updated: 2025-08-30