Woman captivated by Jokerman (Dylan) (5)
I believe the answer is:
mandy
'woman' is the definition.
'captivated by jokerman dylan' is the wordplay.
'captivated by' indicates a hidden word.
'MANDY' is hidden within 'jokerman dylan'.
(Other definitions for mandy that I've seen before include "Girl" , "14 30's [BARRY MANILOW]'s" , "1974 song by Barry Manilow" .)