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' says the answer is hidden in the clue.
'MANDY' can be found hidden inside 'jokerman dylan'.
(Other definitions for mandy that I've seen before include "Girl" , "14 30's [BARRY MANILOW]'s" , "1974 song by Barry Manilow" .)