John Hancock Income Securities Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. John Hancock Income Securities Trust (the Fund) is a closed-end management investment company. The Fund’s investment objective is to generate a high level of current income consistent with prudent investment risk. The Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in income securities. The Fund invests approximately 20% of its total assets in preferred securities and common stocks. The Fund invests at least 75% of its net assets (plus borrowings for investment purposes) in debt securities that are rated, at the time of acquisition, investment grade. The Fund can invest approximately 25% of its net assets (plus borrowings for investment purposes) in debt securities that are rated, at the time of acquisition, below investment grade (junk bonds). The Fund may also invest in derivatives, such as swaps, and reverse repurchase agreements. John Hancock Investment Management LLC is the Fund’s investment advisor.
Follow-Up Questions
What is the price performance of JHS stock?
The current price of JHS is $11.72, it has decreased 0.01% in the last trading day.
What are the primary business themes or industries for John Hancock Income Securities Trust?
John Hancock Income Securities Trust belongs to N/A industry and the sector is N/A
What is John Hancock Income Securities Trust market cap?
John Hancock Income Securities Trust's current market cap is $136.5M
