John Hancock Income Securities Trust
JHS
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Andrew G. Arnott
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 Berkeley Street Boston MA United States of America 02116
- IPO Date
- Mar 17, 1980
- CIK
- 0000759866
- Website
- jhinvestments.com
- Similar Companies
- Business
- John Hancock Income Securities Trust (NYSE: JHS) is a closed-end fixed income fund launched and managed by John Hancock Investment Management LLC and co-managed by John Hancock Asset Management. The fund invests primarily in the U.S. fixed income markets, with a portfolio focused on income securities including marketable corporate debt securities rated investment-grade or of comparable quality at the time of acquisition, U.S. government obligations, cash equivalents, and commercial paper; it maintains an average portfolio maturity of approximately 7.57 years and benchmarks performance against the Bloomberg U.S. Government/Credit Bond Index. Formed on February 14, 1973, and headquartered at 200 Berkeley Street in Boston, Massachusetts, the trust targets high current income consistent with prudent investment risk for income-oriented investors. The fund's portfolio emphasizes diversified holdings in corporate bonds, U.S. Treasury bonds, and federal agency securities such as Federal Home Loan Mortgage Corp. obligations, providing regular monthly distributions to shareholders. It operates solely within the United States fixed income market, serving institutional and retail investors seeking yield from investment-grade debt. 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 (based on shares outstanding as of December 31, 2025) through December 31, 2026, to enhance shareholder value by potentially reducing discounts to net asset value. This renewal aligns with ongoing efforts to provide liquidity and NAV accretion amid fluctuating bond market conditions, including recent Federal Reserve rate cuts that supported corporate bond performance. No significant acquisitions, partnerships, or product launches were reported in the last 1-2 years.