<SEC-DOCUMENT>0001133228-18-004062.txt : 20180621
<SEC-HEADER>0001133228-18-004062.hdr.sgml : 20180621
<ACCEPTANCE-DATETIME>20180621165325
ACCESSION NUMBER:		0001133228-18-004062
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20180621
DATE AS OF CHANGE:		20180621
EFFECTIVENESS DATE:		20180621

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JOHN HANCOCK INVESTORS TRUST
		CENTRAL INDEX KEY:			0000759828
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-222087
		FILM NUMBER:		18912311

	BUSINESS ADDRESS:	
		STREET 1:		C/O JOHN HANCOCK FUNDS
		STREET 2:		601 CONGRESS STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
		BUSINESS PHONE:		617-663-3000

	MAIL ADDRESS:	
		STREET 1:		C/O JOHN HANCOCK FUNDS
		STREET 2:		601 CONGRESS STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HANCOCK JOHN INVESTORS TRUST
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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<TYPE>497
<SEQUENCE>1
<FILENAME>e496879_497.htm
<DESCRIPTION>497
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>JOHN HANCOCK INVESTORS TRUST</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>JOHN HANCOCK TAX-ADVANTAGED GLOBAL SHAREHOLDER YIELD FUND</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.9pt 0pt 0"><B>Supplement dated June 21, 2018 to the current Statement
of Additional Information, as may be supplemented (the &ldquo;SAI&rdquo;)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.9pt 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.9pt 0pt 0; text-align: justify">Effective June 19, 2018, the Board
of Trustees of each registered investment company listed above (each a &ldquo;Fund&rdquo;) appointed Marianne Harrison, President
and CEO of John Hancock, to serve as a Non-Independent Trustee.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.9pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.9pt 0pt 0; text-align: justify">Accordingly, the following modifies
the disclosure under &ldquo;Those Responsible for Management.&rdquo;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.9pt 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.9pt 0pt 0; text-align: justify">The table below presents certain
information regarding Ms. Harrison, including her principal occupations, which, unless specific dates are shown, are of at least
five years&lsquo; duration. In addition, the table includes information concerning other directorships held by Ms. Harrison in
other registered investment companies or publicly traded companies:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.9pt 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 19%; border-bottom: Black 1pt solid; padding: 4pt; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Name</B></FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(Birth Year)</B></FONT></TD>
    <TD STYLE="width: 17%; border-bottom: Black 1pt solid; padding: 4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Position(s) with</B></FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>the Fund<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 47%; border-bottom: Black 1pt solid; padding: 4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Principal Occupation(s) and Other</B></FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Directorships During the Past 5 Years</B></FONT></TD>
    <TD STYLE="width: 17%; border-bottom: Black 1pt solid; padding: 4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Number of Funds in John Hancock Fund Complex Overseen by Trustee</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Marianne Harrison <SUP>2</SUP></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(1963)</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="padding: 4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Trustee (since 2018)</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="padding: 4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">President and CEO, John Hancock (since 2017); President and CEO,
        Manulife Canadian Division (2013 &ndash; 2017); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018);
        Member, Board of Directors, Coummunitech, an industry-led innovation center that fosters technology companies in Canada (since
        2017); Member, Board of Directors, Manulife Assurance Canada (since 2015); Board Member, St. Mary&rsquo;s General Hospital Foundation
        (since 2014); Member, Board of Directors, Manulife Bank of Canada (since 2013); Member, Standing Committee of the Canadian Life
        &amp; Health Assurance Association (since 2013); Member, Board of Directors, John Hancock USA, John Hancock Life &amp; Health,
        John Hancock New York (2012 &ndash; 2013).</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><BR>
Trustee, John Hancock Collateral Trust, John Hancock Exchange-Traded Fund Trust, John Hancock retail funds<SUP>3</SUP>, John Hancock
Variable Insurance Trust, and John Hancock Funds II (since 2018).</P></TD>
    <TD STYLE="padding: 4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">216</FONT></TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><SUP>1</SUP></TD><TD STYLE="text-align: justify">Each Trustee holds office until his or her successor is elected and qualified, or until the
                                                                     Trustee&rsquo;s death, retirement, resignation or removal. The Fund holds annual meetings of shareholders, at which Trustees
                                                                     are elected. Other than Ms. Harrison, each Trustee was most recently elected to serve on the Board at a shareholder meeting
                                                                     held on February 2, 2018.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><SUP>2</SUP></TD><TD STYLE="text-align: justify">The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor
                                                                     and certain of its affiliates.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><SUP>3</SUP></TD><TD STYLE="text-align: justify">&ldquo;John Hancock retail funds&rdquo; is composed of ten closed-end funds (including the Funds), as
well as the series of John Hancock Funds III and 30 series of other John Hancock trusts. The information for the John Hancock retail
funds category relates to service as a Trustee of any of these funds for the stated period.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The disclosure under &ldquo;Additional Information
about the Trustees&rdquo; is supplemented as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In addition to the description of Ms. Harrison&rsquo;s
Principal Occupation(s) and Other Directorships set forth above, the following provides further information about Ms. Harrison&rsquo;s
specific experience, qualifications, attributes or skills with respect to each Fund. The information in this section should not
be understood to mean that the Trustee is an expert within the meaning of the federal securities laws:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><I>Marianne Harrison</I> &mdash;
Through her position as President and CEO, John Hancock, and previous experience as President and CEO, Manulife Canadian Division,
President and General Manager for John Hancock Long-Term Care Insurance, and Executive Vice President and Controller for Manulife,
Ms. Harrison has experience <FONT STYLE="background-color: white">as a</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="background-color: white">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="background-color: white">strategic business builder expanding product offerings and
distribution, enabling her to provide management input to the Board.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The next-to-last sentence of the third paragraph under &ldquo;Duties
of Trustees&rdquo; is amended and restated as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">In addition, the Board believes that Ms. Harrison and
Messrs. Arnott, Boyle, and Thomson, as current or former senior executives of the Advisor (or of its parent company,
MFC), and of other affiliates of the Advisor, provide the Board with the perspective of the Advisor in managing and
sponsoring the Funds.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><I>You should read this Supplement in conjunction
with the SAI and retain it for future reference.</I></P>

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