<SEC-DOCUMENT>0001133228-22-000919.txt : 20220328
<SEC-HEADER>0001133228-22-000919.hdr.sgml : 20220328
<ACCEPTANCE-DATETIME>20220228113337
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001133228-22-000919
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220228

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:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		C/O JOHN HANCOCK FUNDS
		STREET 2:		200 BERKELEY STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116
		BUSINESS PHONE:		617-663-3000

	MAIL ADDRESS:	
		STREET 1:		C/O JOHN HANCOCK FUNDS
		STREET 2:		200 BERKELEY STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HANCOCK JOHN INVESTORS TRUST
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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<SEQUENCE>1
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>John Hancock Investors Trust</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 36pt"><B>John Hancock Tax-Advantaged Global
Shareholder Yield Fund</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>601 Congress Street</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Boston MA 02210</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 10pt 0 0; text-align: justify">February 28, 2022</P>

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

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Mr. Sonny Oh</P>

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

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Division of Investment Management</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">United States Securities and Exchange Commission</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">100 F Street, N.E.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Washington, DC 20549</P>

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Re:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<B>John Hancock Investors Trust</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 36pt">File Nos. 333-251350 &amp; 811-04173</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 36pt"><B>John Hancock Tax-Advantaged Global
Shareholder Yield Fund</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 36pt">File Nos. 333-251351 &amp; 811-22056</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify">Dear Mr. Oh,</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify">We submit this letter in response to the comments
received by telephone on February 25, 2022, from the staff (&ldquo;Staff&rdquo;) of the Securities and Exchange Commission (the &ldquo;SEC&rdquo;)
with respect to the prior correspondence filed on February 18, 2022 (the &ldquo;Prior Comments&rdquo;) in connection with the registration
statements filed on the post-effective amendment filing (POS8C) to the Form N-2 on December 28, 2021 (each a &ldquo;Registration Statement&rdquo;
and together the &ldquo;Registration Statements&rdquo;) for the John Hancock Investors Trust and the John Hancock Tax-Advantaged Global
Shareholder Yield Fund (each a &ldquo;Fund&rdquo; and together the &ldquo;Funds&rdquo;). Below is a summary of the comments regarding
the Registration Statements provided by the Staff on Friday, February 25, 2022. We respectfully submit this response letter on behalf
of the Funds. We believe that the disclosure changes and supplemental responses discussed in this letter are fully responsive to the Staff&rsquo;s
comments, and resolve any matters raised.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in; text-align: justify">Unless otherwise stated
herein, defined terms have the same meaning as used by each Fund in its respective Registration Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in; text-align: justify">&nbsp;</P>



<P STYLE="margin: 0; font: 10pt Arial, Helvetica, Sans-Serif">K&amp;L GATES LLP</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-transform: uppercase">State Street Financial Center &nbsp;&nbsp;One Lincoln Street
Boston MA 02111</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0">T +1 617 261 3100 &nbsp;F +1 617 261 3175 klgates.com</P>

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

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"><B>PROSPECTUS</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">1.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; Comment 2 of the Prior Comments asked the Fund to clarify the language under the
fifth paragraph under &ldquo;Prospectus Summary&mdash;Investment Strategy,&rdquo; which noted that &ldquo;[t]he MSCI World Index tracks
the performance of publicly traded large- and mid-cap stocks of developed market companies.&rdquo; The Staff has requested that a similar
change be made to the third paragraph under &ldquo;Investment Strategies&mdash;Equity Strategy.&rdquo;</TD></TR></TABLE>

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>Response</B> &mdash; The Fund will revise
the relevant disclosure to read as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 72pt; text-align: justify">&#9;&ldquo;The MSCI World Index <STRIKE>tracks
the performance of publicly traded</STRIKE> <B><U>captures</U></B> large<STRIKE>-</STRIKE> and &#9;mid<STRIKE>-</STRIKE> cap <B><U>representation
across 23</U></B> <STRIKE>stocks of</STRIKE> developed market <STRIKE>companies</STRIKE><B><U>countries</U></B>.&rdquo;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">2.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; The Staff notes the deletion of &ldquo;[t]he manager may consider these ESG factors
on all or a meaningful portion of the fund&rsquo;s investments&rdquo; under &ldquo;Investment Strategies&mdash;Other Investment Policies&mdash;ESG
Integration,&rdquo; and &ldquo;Risk Factors&mdash;General Risks&mdash;ESG Integration Risk.&rdquo; Please include disclosure describing
the portion of the fund&rsquo;s investments which will consider ESG factors.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>Response</B> &mdash; The Fund will revise
the relevant disclosure under &ldquo;Investment Strategies&mdash;Other Investment Policies&mdash;ESG Integration,&rdquo; and &ldquo;Risk
Factors&mdash;General Risks&mdash;ESG Integration Risk&rdquo; to read as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-indent: 0.5in; text-align: justify">&ldquo;The manager may
consider ESG factors that it deems relevant or additive, along with other material factors and analysis, when managing the fund. ESG factors
may include, but are not limited to, matters regarding board diversity, climate change policies, and supply chain and human rights policies.
<B><U>The portion of the Fund&rsquo;s investments for which the manager considers these ESG factors may vary, and could increase or decrease
over time. </U></B>The ESG characteristics utilized in the fund&rsquo;s investment process may change over time, and different ESG characteristics
may be relevant to different investments.&rdquo;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 36pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt"><B>STATEMENT OF ADDITIONAL INFORMATION</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">3.</TD><TD STYLE="text-align: justify"><B>Comment </B>&mdash; Please update the disclosure under &ldquo;Incorporation by Reference&rdquo; to
disclose that the listed documents are incorporated by reference into the SAI and deemed part of the SAI.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 36pt; text-align: justify"><B>Response </B>&mdash; The Fund will revise
the relevant disclosure to read as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 72pt; text-align: justify">&ldquo;The documents listed below, and
any reports and other documents subsequently filed with the SEC pursuant to Rule 30(b)(2) under the 1940 Act and Sections 13(a), 13(c),
14 or 15(d) of the Exchange Act, prior to the termination of the offering will be incorporated by reference into this SAI and deemed to
be part of this <B><U>SAI</U></B> <STRIKE>Prospectus</STRIKE> from the date of the filing of such reports and documents:&rdquo;</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">4.</TD><TD STYLE="text-align: justify"><B>Comment </B>&mdash; With respect to the &ldquo;Incorporation by Reference&rdquo; disclosure, please
confirm that there have not been any reports filed under Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 filed pursuant
to Section 13(a) or Section 15(d) of the Exchange Act since the end of the fiscal year covered by the Fund&rsquo;s annual report.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 36pt; text-align: justify"><B>Response </B>&mdash; Supplementally,
the Fund so confirms.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">5.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; Under &ldquo;Incorporation by Reference,&rdquo; of both the Prospectus and SAI
please update the disclosure related to the availability of certain reports on the SEC website to more closely conform to the disclosure
included in Form N-2.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>Response</B> &mdash; The Fund will revise
the relevant disclosure of the final paragraph under &ldquo;Incorporation by Reference,&rdquo; of both the Prospectus and SAI to read
as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 72pt; text-align: justify">&ldquo;[&hellip;] <B><U>The SEC maintains
an internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically
with the SEC, and you </U></B><STRIKE>You</STRIKE> also may obtain a copy of any information regarding the Fund filed with the SEC from
the SEC&rsquo;s website (sec.gov).&rdquo;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">6.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; Please confirm that the &ldquo;Portfolio Manager Ownership of Shares of the Fund&rdquo;
section will be updated.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>Response</B> &mdash; The Fund confirms
it will make the requested updates.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"><B>PART C</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">7.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; Please correct the alphanumerical order of the Exhibits.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>Response</B> &mdash; The Fund confirms
that the Exhibit letters and numbers will be corrected in the next filing that contains a Part C.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">8.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; Please add hyperlinks to all exhibits, including those that were noted to be &ldquo;filed
herewith.&rdquo;</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>Response</B> &mdash;The Fund notes that
all exhibits &ldquo;filed herewith&rdquo; in the POS 8C were hyperlinked in the Exhibit List and confirms that hyperlinks will be included
within Item 25 of Part C in the next filing that contains a Part C.</P>


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

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt"><B>STATEMENT OF ADDITIONAL INFORMATION</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">9.</TD><TD STYLE="text-align: justify"><B>Comment </B>&mdash; Please update the disclosure under &ldquo;Incorporation by Reference&rdquo; to
disclose that the listed documents are incorporated by reference into the SAI and deemed part of the SAI.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 36pt; text-align: justify"><B>Response </B>&mdash; The Fund will revise
the relevant disclosure to read as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 72pt; text-align: justify">&ldquo;The documents listed below, and
any reports and other documents subsequently filed with the SEC pursuant to Rule 30(b)(2) under the 1940 Act and Sections 13(a), 13(c),
14 or 15(d) of the Exchange Act, prior to the termination of the offering will be incorporated by reference into this SAI and deemed to
be part of this <B><U>SAI</U></B> <STRIKE>Prospectus</STRIKE> from the date of the filing of such reports and documents:&rdquo;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">10.</TD><TD STYLE="text-align: justify"><B>Comment </B>&mdash; With respect to the &ldquo;Incorporation by Reference&rdquo; disclosure, please
confirm that there have not been any reports filed under Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 filed pursuant
to Section 13(a) or Section 15(d) of the Exchange Act since the end of the fiscal year covered by the Fund&rsquo;s annual report.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 36pt; text-align: justify"><B>Response </B>&mdash; Supplementally,
the Fund so confirms.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">11.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; Under &ldquo;Incorporation by Reference,&rdquo; of both the Prospectus and SAI
please update the disclosure related to the availability of certain reports on the SEC website to more closely conform to the disclosure
included in Form N-2.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>Response</B> &mdash; The Fund will revise
the relevant disclosure of the final paragraph under &ldquo;Incorporation by Reference,&rdquo; of both the Prospectus and SAI to read
as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 72pt; text-align: justify">&ldquo;[&hellip;] <B><U>The SEC maintains
an internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically
with the SEC, and you </U></B><STRIKE>You</STRIKE> also may obtain a copy of any information regarding the Fund filed with the SEC from
the SEC&rsquo;s website (sec.gov).&rdquo;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">12.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; Please confirm that the &ldquo;Portfolio Manager Ownership of Shares of the Fund&rdquo;
section will be updated.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>Response</B> &mdash; The Fund confirms
it will make the requested updates.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify"><B>PART C</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">13.</TD><TD STYLE="text-align: justify"><B>Comment</B> &mdash; Please add hyperlinks to all exhibits, including those that were noted to be &ldquo;filed
herewith.&rdquo;</TD></TR></TABLE>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt 36pt; text-align: justify"><B>Response</B> &mdash; The Fund
notes that all exhibits &ldquo;filed herewith&rdquo; in the POS 8C were hyperlinked in the Exhibit List and confirms that hyperlinks
will be included within Item 25 of Part C list in the next filing that contains a Part C.</P>

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: justify">If you have any questions, please call me at
(617) 951-9068 or Pablo Man at (617) 951-9209.</P>

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">Sincerely,</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding: 0; width: 45%; font: 11pt Arial, Helvetica, Sans-Serif; text-indent: 0"><FONT STYLE="font-size: 10pt">/s/ Trayne S. Wheeler</FONT></TD>
    <TD STYLE="padding: 0; width: 55%; font: 11pt Arial, Helvetica, Sans-Serif; text-indent: 0">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; font: 11pt Arial, Helvetica, Sans-Serif; text-indent: 0"><FONT STYLE="font-size: 10pt">Trayne S. Wheeler</FONT></TD>
    <TD STYLE="padding: 0; font: 11pt Arial, Helvetica, Sans-Serif; text-indent: 0">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-indent: -36pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 36pt">cc:</TD><TD>Ariel Ayanna, Assistant Secretary of the Funds</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-indent: 0pt">Pablo Man, K&amp;L Gates LLP</P>


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