Description

The John Hancock Income Securities Trust functions as a closed-end mutual fund exclusively focused on fixed-income investments. It was established and is primarily overseen by John Hancock Investment Management LLC, with John Hancock Asset Management serving as a co-manager. The fund's strategy involves deploying capital into the United States' fixed-income markets, concentrating mainly on corporate and government bonds that possess an average maturity of 7.57 years. Its portfolio's performance is gauged against the Lehman Brothers Government/Credit Bond Index. This trust, founded on February 14, 1973, is based in the United States.