John Hancock Investors Trust (NYSE: JHI) is a closed-end fixed income mutual fund launched and managed by John Hancock Investment Management LLC and co-managed by John Hancock Asset Management. The fund invests primarily in a diversified portfolio of corporate and government bonds, debt securities across the fixed income markets globally; it benchmarks performance against the Barclays Capital U.S. Aggregate Bond Index and emphasizes long-term capital growth alongside income generation through active portfolio management. Shares trade on the New York Stock Exchange, offering liquidity and diversification benefits to investors targeting fixed income exposure with a focus on corporate bonds across the credit spectrum, including BB-rated securities. Formed on January 29, 1971, the fund is domiciled in the United States with primary operations managed from Boston, Massachusetts.
In December 2025, the Board of Trustees renewed the fund's share repurchase plan, authorizing open-market purchases of up to 10% of outstanding common shares from January 1, 2026, to December 31, 2026, as part of ongoing efforts to enhance shareholder value and narrow the market price-to-NAV discount. This follows routine quarterly earnings releases and dividend distributions, with no year-to-date repurchases reported for JHI through December 11, 2025, unlike select peer funds. The fund maintains a managed distribution policy supporting high yields, with recent monthly dividends such as $0.313 per share in September 2024, reflecting stable income-focused operations amid fixed income market conditions.