John Hancock Income Securities Trust (JHS)
Frequently Asked Questions About John Hancock Income Securities Trust (JHS)
Are there any tax advantages to investing in JHS?
Investing in John Hancock Income Securities Trust may offer potential tax advantages, particularly if the Trust invests in tax-exempt municipal securities, which are generally exempt from federal income tax. However, the tax implications can vary depending on the specific investments in the portfolio and individual investor circumstances, so consulting a tax advisor is recommended.
Can you explain the difference between closed-end funds and mutual funds?
Closed-end funds, like John Hancock Income Securities Trust, operate differently than mutual funds in that they have a fixed number of shares issued through an initial public offering (IPO) and trade on an exchange like a stock. This means their market price can fluctuate based on supply and demand. In contrast, mutual funds continuously issue and redeem shares at their net asset value (NAV), and their price does not fluctuate throughout the day.
Does JHS charge management fees?
Yes, John Hancock Income Securities Trust charges management fees, which are typically deducted from the Trust's assets. These fees cover the operating expenses, including the investment team’s compensation and administrative costs. The specific fee structure can be found in the Trust's prospectus and financial reports.
How can I purchase shares of John Hancock Income Securities Trust?
Shares of John Hancock Income Securities Trust can be purchased through various channels, including brokerage accounts and investment platforms. Interested investors should contact their brokerage service to execute a buy order, typically using the Trust's ticker symbol 'JHS' for transactions on the New York Stock Exchange.
How can investors stay informed about JHS performance?
Investors can stay informed about the performance of John Hancock Income Securities Trust by regularly checking its official website, subscribing to newsletters, and following the Trust's updates through public disclosures and financial reporting. Additionally, financial news platforms that track closed-end funds may provide performance metrics and investment insights.
How does John Hancock Income Securities Trust generate income?
The Trust generates income through investments in a diversified portfolio of income-producing securities, such as corporate bonds, government bonds, and preferred stocks. By strategically selecting these investments, the Trust aims to provide consistent income to its shareholders, capitalizing on interest payments and dividends distributions.
How does John Hancock Income Securities Trust handle market volatility?
John Hancock Income Securities Trust employs a proactive management approach to navigate market volatility. The management team continually assesses economic conditions and adjusts the portfolio in response to market trends to mitigate risks while seeking opportunities for income generation and capital growth, thereby aiming to protect shareholders' investments.
How frequently does JHS distribute dividends?
John Hancock Income Securities Trust typically distributes dividends to its shareholders on a monthly basis. These distributions are derived from the income earned on the underlying investments within the Trust's portfolio, although the amount and frequency can vary based on market conditions and performance.
Is John Hancock Income Securities Trust actively managed?
Yes, John Hancock Income Securities Trust is actively managed by a team of experienced investment professionals. The management team continuously evaluates market conditions and adjusts the portfolio to take advantage of investment opportunities, seeking to optimize income and achieve long-term growth for its shareholders.
Is John Hancock Income Securities Trust open to all investors?
Yes, John Hancock Income Securities Trust is open to all investors who are authorized to trade securities in their respective accounts. There are no specific restrictions on who can invest in the Trust, making it accessible to retail and institutional investors alike, although investors should consider their investment objectives and risk tolerances.
What are the risks associated with investing in JHS?
Investing in John Hancock Income Securities Trust carries several risks, including interest rate risk, credit risk, liquidity risk, and market risk. Changes in interest rates can affect the value of fixed-income securities held by the Trust, and poor credit ratings of issuers can lead to losses. As with any investment, potential investors should carefully consider their risk tolerance and investment objectives.
What does John Hancock Income Securities Trust (NYSE:JHS) do?
John Hancock Income Securities Trust is a closed-end management investment company that primarily seeks to provide high current income by investing in a diversified portfolio of income-producing securities, such as bonds and preferred equity, while also emphasizing capital appreciation to enhance total return. The Trust aims to leverage the expertise of John Hancock's management team to achieve an optimal balance between income generation and capital growth.
What is the dividend yield of JHS?
The dividend yield of John Hancock Income Securities Trust can fluctuate based on market conditions and the performance of its underlying investments. Yield is typically reported as a percentage of the Trust's annual income distributions relative to its market price. For the most current yield and financial details, investors should refer to the Trust's official financial reports or data sources.
What is the expense ratio of JHS?
The expense ratio of John Hancock Income Securities Trust measures the annual operating expenses expressed as a percentage of the Trust's average net assets. This ratio helps investors understand the costs associated with managing the Trust. For the most current expense ratio, investors should refer to the Trust's official disclosures or financial statements.
What is the primary investment strategy of JHS?
The primary investment strategy of John Hancock Income Securities Trust involves actively managing a diversified portfolio focused on income generation from bonds and other income-producing securities, while also seeking capital appreciation through judicious asset selection. The Trust may adapt its strategy based on changing market conditions to enhance returns for its investors.
What is the typical investment horizon for JHS?
The typical investment horizon for John Hancock Income Securities Trust is generally long-term, as the Trust is designed to provide income and potential capital appreciation over time. However, the investment horizon can vary based on individual investor goals and market conditions, with a focus on consistent income generation and value appreciation.
What types of investments are included in JHS's portfolio?
The portfolio of John Hancock Income Securities Trust primarily consists of fixed-income securities, including corporate bonds, government bonds, and preferred stocks. Additionally, the Trust may invest in other income-generating assets like convertible securities and certain equities, providing a diversified approach to achieving its income objectives.
When was John Hancock Income Securities Trust founded?
John Hancock Income Securities Trust was founded in 2002. Since its inception, the Trust has focused on providing investors with a consistent income stream while navigating various market conditions through active management and strategic asset allocation.
Where is John Hancock Income Securities Trust headquartered?
John Hancock Income Securities Trust is headquartered in Boston, Massachusetts. The company is part of John Hancock Financial, which is itself a subsidiary of Manulife Financial Corporation, a global financial services group with a strong presence in North America and Asia.
Who manages John Hancock Income Securities Trust?
John Hancock Income Securities Trust is managed by a team of investment professionals employed by John Hancock Investment Management. The team is responsible for analyzing market trends, selecting investments, and overseeing portfolio management to ensure alignment with the Trust's objective of income generation and capital appreciation.
What is the current price of John Hancock Income Securities Trust?
The current price of John Hancock Income Securities Trust is 10.91
When was John Hancock Income Securities Trust last traded?
The last trade of John Hancock Income Securities Trust was at 1:57 pm EDT on April 7th, 2025