John Hancock Closed-End Fund Income Securities Trust Declares Quarterly and Capital Gain Distributions

Rhea-AI Summary

On December 1, 2021, the John Hancock Income Securities Trust (JHS) declared its quarterly distribution of $0.2276 per share, a 0.0362 increase from the previous distribution. Important dates include the ex-dividend date on December 10 and the payment date on December 31, 2021. The fund also announced short-term and long-term capital gain distributions of $0.0710 and $0.1537, respectively. The current market price as of November 30, 2021, was $15.59, offering an annualized distribution rate of 5.84%.

Positive

• Increased quarterly distribution to $0.2276 per share.
• Short-term capital gain distribution of $0.0710.
• Long-term capital gain distribution of $0.1537.
• Annualized current distribution rate at market of 5.84%.

Negative

• None.

BOSTON, Dec. 1, 2021 /PRNewswire/ - The John Hancock closed-end fund Income Securities Trust declared its quarterly distributions today as follows:

Declaration Date:	December 1, 2021
Ex Date:	December 10, 2021
Record Date:	December 13, 2021
Payment Date:	December 31, 2021

Ticker	Fund Name	Distribution Per Share	Change From Previous Distribution	Market Price as of 11/30/2021	Annualized Current Distribution Rate at Market
JHS	Income Securities Trust	$0.2276	0.0362	$15.59	5.84%

Ticker	Fund Name	Short-term Captial Gain Distribution	Long-term Captial Gain Distribution
JHS	Income Securities Trust	$0.0710	$0.1537

A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be mailed to shareholders at the time of payment if it does not consist solely of net investment income. At this time, one or more of the Funds anticipates that the notice accompanying the current distribution will include an estimate of return of capital. Such notice will also be posted to the Funds' website at www.jhinvestments.com. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.

About John Hancock Financial and Manulife Financial
John Hancock is a division of Manulife Financial Corporation, a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate primarily as John Hancock in the United States and as Manulife elsewhere. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions. Assets under management and administration by Manulife and its subsidiaries were over CAD$1.4 trillion (US$1.1 trillion) as of September 30, 2021. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com.

One of the largest life insurers in the United States, John Hancock supports approximately 10 million Americans with a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, and education savings plans. Additional information about John Hancock may be found at johnhancock.com.

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SOURCE John Hancock Investment Management

FAQ

What is the distribution per share for JHS in December 2021?

The distribution per share for JHS in December 2021 is $0.2276.

When is the ex-dividend date for JHS?

The ex-dividend date for JHS is December 10, 2021.

What are the capital gain distributions for JHS?

JHS announced short-term and long-term capital gain distributions of $0.0710 and $0.1537, respectively.

What is the current distribution rate for JHS?

The annualized current distribution rate for JHS at market is 5.84%.

When will JHS make its payment for the declared distribution?

JHS will make its payment for the declared distribution on December 31, 2021.