John Hancock
Income Securities Trust
Quarterly portfolio holdings 1/31/2024
![](https://capedge.com/proxy/NPORT-P/0001145549-24-020471/imgaf04feae1.gif)
Fund’s investments |
As of 1-31-24
(unaudited)
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government and Agency obligations 79.3% (48.4% of Total investments) | $111,733,001 | ||||
(Cost $112,585,164) | |||||
U.S. Government 18.3% | 25,780,830 | ||||
U.S. Treasury | |||||
Bond (A)(B) | 4.000 | 11-15-42 | 1,154,000 | 1,107,795 | |
Bond (A)(B) | 4.125 | 08-15-53 | 919,000 | 903,635 | |
Bond (B) | 4.750 | 11-15-43 | 243,000 | 257,238 | |
Bond (B) | 4.750 | 11-15-53 | 930,000 | 1,015,444 | |
Note (B) | 3.750 | 04-15-26 | 205,000 | 203,230 | |
Note (A)(B) | 3.875 | 04-30-25 | 3,000,000 | 2,975,391 | |
Note (B) | 4.000 | 01-31-29 | 8,618,000 | 8,669,843 | |
Note (B) | 4.000 | 01-31-31 | 433,000 | 435,233 | |
Note (A)(B) | 4.250 | 09-30-24 | 2,647,000 | 2,633,972 | |
Note (A)(B) | 4.250 | 10-15-25 | 3,300,000 | 3,295,875 | |
Note (A)(B) | 4.375 | 10-31-24 | 4,000,000 | 3,984,062 | |
Note (B) | 4.375 | 08-15-26 | 268,000 | 269,874 | |
Note (B) | 4.500 | 11-15-33 | 28,000 | 29,238 | |
U.S. Government Agency 61.0% | 85,952,171 | ||||
Federal Home Loan Mortgage Corp. | |||||
15 Yr Pass Thru | 4.500 | 01-01-38 | 1,825,835 | 1,813,244 | |
30 Yr Pass Thru | 3.500 | 07-01-46 | 367,967 | 344,162 | |
30 Yr Pass Thru | 3.500 | 10-01-46 | 308,286 | 286,319 | |
30 Yr Pass Thru | 3.500 | 12-01-46 | 134,069 | 125,270 | |
30 Yr Pass Thru | 3.500 | 02-01-47 | 755,627 | 705,563 | |
30 Yr Pass Thru | 3.500 | 11-01-48 | 1,430,259 | 1,334,603 | |
30 Yr Pass Thru | 4.000 | 05-01-52 | 816,359 | 779,008 | |
30 Yr Pass Thru | 4.500 | 07-01-52 | 237,429 | 231,181 | |
30 Yr Pass Thru | 4.500 | 07-01-52 | 2,125,222 | 2,069,298 | |
30 Yr Pass Thru | 4.500 | 08-01-52 | 146,252 | 142,997 | |
30 Yr Pass Thru | 4.500 | 08-01-52 | 703,603 | 687,067 | |
30 Yr Pass Thru | 4.500 | 08-01-52 | 587,041 | 573,245 | |
30 Yr Pass Thru | 4.500 | 09-01-52 | 363,214 | 353,543 | |
30 Yr Pass Thru | 4.500 | 09-01-52 | 409,022 | 399,920 | |
30 Yr Pass Thru | 4.500 | 09-01-52 | 3,560,926 | 3,477,237 | |
30 Yr Pass Thru | 5.000 | 07-01-52 | 1,058,528 | 1,056,420 | |
30 Yr Pass Thru | 5.000 | 07-01-52 | 1,007,486 | 1,006,550 | |
30 Yr Pass Thru | 5.000 | 08-01-52 | 979,081 | 974,105 | |
30 Yr Pass Thru | 5.000 | 10-01-52 | 812,759 | 810,632 | |
30 Yr Pass Thru | 5.000 | 11-01-52 | 1,806,312 | 1,811,746 | |
30 Yr Pass Thru (B) | 5.000 | 12-01-52 | 1,072,396 | 1,063,222 | |
30 Yr Pass Thru | 5.000 | 02-01-53 | 404,801 | 400,833 | |
30 Yr Pass Thru | 5.000 | 02-01-53 | 1,482,118 | 1,473,145 | |
30 Yr Pass Thru | 5.000 | 05-01-53 | 1,542,062 | 1,536,605 | |
30 Yr Pass Thru | 5.500 | 09-01-52 | 1,017,360 | 1,031,463 | |
30 Yr Pass Thru | 5.500 | 11-01-52 | 2,021,579 | 2,049,602 | |
30 Yr Pass Thru | 5.500 | 11-01-52 | 2,142,288 | 2,170,646 | |
30 Yr Pass Thru | 5.500 | 02-01-53 | 924,997 | 940,710 | |
30 Yr Pass Thru | 5.500 | 02-01-53 | 933,055 | 945,114 | |
30 Yr Pass Thru | 5.500 | 03-01-53 | 731,342 | 741,251 | |
30 Yr Pass Thru | 5.500 | 04-01-53 | 854,361 | 868,874 | |
30 Yr Pass Thru | 5.500 | 06-01-53 | 985,179 | 994,833 | |
30 Yr Pass Thru | 5.500 | 06-01-53 | 953,107 | 965,128 | |
30 Yr Pass Thru | 5.500 | 06-01-53 | 743,463 | 753,304 | |
30 Yr Pass Thru (B) | 5.500 | 07-01-53 | 1,059,712 | 1,071,090 |
2 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 5.500 | 07-01-53 | 752,308 | $758,387 | |
30 Yr Pass Thru | 5.500 | 07-01-53 | 738,766 | 747,390 | |
30 Yr Pass Thru | 6.000 | 04-01-53 | 933,199 | 955,894 | |
30 Yr Pass Thru | 6.000 | 08-01-53 | 737,816 | 757,603 | |
30 Yr Pass Thru | 6.000 | 09-01-53 | 968,567 | 992,727 | |
30 Yr Pass Thru | 6.000 | 11-01-53 | 737,989 | 754,392 | |
30 Yr Pass Thru | 6.000 | 11-01-53 | 746,324 | 764,824 | |
30 Yr Pass Thru | 6.500 | 09-01-53 | 780,218 | 807,230 | |
30 Yr Pass Thru | 6.500 | 10-01-53 | 789,823 | 814,552 | |
Federal National Mortgage Association | |||||
30 Yr Pass Thru | 3.500 | 12-01-42 | 996,406 | 937,319 | |
30 Yr Pass Thru | 3.500 | 01-01-43 | 1,103,257 | 1,039,151 | |
30 Yr Pass Thru (B) | 3.500 | 04-01-45 | 371,510 | 346,823 | |
30 Yr Pass Thru | 3.500 | 11-01-46 | 732,022 | 682,921 | |
30 Yr Pass Thru | 3.500 | 07-01-47 | 766,416 | 714,050 | |
30 Yr Pass Thru | 3.500 | 07-01-47 | 746,193 | 698,473 | |
30 Yr Pass Thru (B) | 3.500 | 11-01-47 | 321,838 | 299,647 | |
30 Yr Pass Thru (B) | 3.500 | 09-01-49 | 160,881 | 148,179 | |
30 Yr Pass Thru (B) | 3.500 | 03-01-50 | 412,122 | 379,102 | |
30 Yr Pass Thru (B) | 4.000 | 09-01-41 | 274,165 | 264,408 | |
30 Yr Pass Thru | 4.000 | 01-01-49 | 722,596 | 688,689 | |
30 Yr Pass Thru (B) | 4.000 | 07-01-49 | 150,465 | 143,921 | |
30 Yr Pass Thru (B) | 4.000 | 08-01-49 | 307,827 | 295,018 | |
30 Yr Pass Thru (B) | 4.000 | 02-01-50 | 245,662 | 234,211 | |
30 Yr Pass Thru | 4.000 | 03-01-51 | 806,642 | 771,311 | |
30 Yr Pass Thru | 4.000 | 08-01-51 | 541,210 | 517,674 | |
30 Yr Pass Thru | 4.000 | 10-01-51 | 1,087,919 | 1,038,229 | |
30 Yr Pass Thru (B) | 4.000 | 04-01-52 | 101,768 | 96,667 | |
30 Yr Pass Thru | 4.000 | 06-01-52 | 1,065,754 | 1,011,331 | |
30 Yr Pass Thru | 4.000 | 06-01-52 | 1,094,586 | 1,038,691 | |
30 Yr Pass Thru | 4.000 | 06-01-52 | 857,942 | 818,689 | |
30 Yr Pass Thru (B) | 4.000 | 07-01-52 | 417,938 | 397,380 | |
30 Yr Pass Thru (B) | 4.500 | 06-01-52 | 436,403 | 426,283 | |
30 Yr Pass Thru | 4.500 | 06-01-52 | 1,015,479 | 988,757 | |
30 Yr Pass Thru | 4.500 | 08-01-52 | 493,136 | 478,156 | |
30 Yr Pass Thru (B) | 4.500 | 08-01-52 | 114,559 | 112,010 | |
30 Yr Pass Thru | 4.500 | 08-01-52 | 827,122 | 801,996 | |
30 Yr Pass Thru | 4.500 | 09-01-52 | 690,946 | 676,003 | |
30 Yr Pass Thru | 5.000 | 06-01-52 | 702,394 | 702,532 | |
30 Yr Pass Thru | 5.000 | 08-01-52 | 1,328,877 | 1,325,254 | |
30 Yr Pass Thru | 5.000 | 10-01-52 | 1,627,113 | 1,626,644 | |
30 Yr Pass Thru | 5.000 | 10-01-52 | 790,627 | 790,534 | |
30 Yr Pass Thru | 5.000 | 11-01-52 | 2,790,604 | 2,789,406 | |
30 Yr Pass Thru | 5.000 | 12-01-52 | 752,888 | 752,564 | |
30 Yr Pass Thru | 5.000 | 03-01-53 | 1,139,795 | 1,136,100 | |
30 Yr Pass Thru | 5.500 | 01-01-53 | 1,951,508 | 1,976,730 | |
30 Yr Pass Thru | 5.500 | 02-01-53 | 928,108 | 943,873 | |
30 Yr Pass Thru | 5.500 | 03-01-53 | 729,104 | 738,983 | |
30 Yr Pass Thru | 5.500 | 04-01-53 | 1,752,721 | 1,769,349 | |
30 Yr Pass Thru | 5.500 | 05-01-53 | 1,037,229 | 1,050,310 | |
30 Yr Pass Thru | 5.500 | 05-01-53 | 1,253,372 | 1,274,271 | |
30 Yr Pass Thru | 5.500 | 05-01-53 | 1,049,754 | 1,063,650 | |
30 Yr Pass Thru | 5.500 | 05-01-53 | 721,372 | 731,146 | |
30 Yr Pass Thru | 6.000 | 05-01-53 | 734,009 | 755,071 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST | 3 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 6.000 | 07-01-53 | 716,975 | $732,843 | |
30 Yr Pass Thru | 6.000 | 08-01-53 | 983,117 | 1,007,421 | |
30 Yr Pass Thru | 6.500 | 04-01-53 | 748,048 | 777,920 | |
30 Yr Pass Thru | 6.500 | 05-01-53 | 714,698 | 738,481 | |
30 Yr Pass Thru | 6.500 | 08-01-53 | 769,971 | 800,959 | |
30 Yr Pass Thru | 6.500 | 08-01-53 | 767,831 | 796,573 | |
30 Yr Pass Thru | 6.500 | 09-01-53 | 779,162 | 806,137 | |
30 Yr Pass Thru | 6.500 | 10-01-53 | 785,447 | 817,426 | |
30 Yr Pass Thru | 6.500 | 11-01-53 | 636,365 | 661,976 | |
Corporate bonds 63.6% (38.9% of Total investments) | $89,672,744 | ||||
(Cost $92,195,756) | |||||
Communication services 5.2% | 7,294,596 | ||||
Diversified telecommunication services 0.9% | |||||
C&W Senior Financing DAC (A)(B)(C) | 6.875 | 09-15-27 | 208,000 | 197,080 | |
Connect Finco SARL (B)(C) | 6.750 | 10-01-26 | 371,000 | 362,590 | |
GCI LLC (B)(C) | 4.750 | 10-15-28 | 208,000 | 190,680 | |
Telesat Canada (C) | 5.625 | 12-06-26 | 93,000 | 56,265 | |
Total Play Telecomunicaciones SA de CV (C) | 6.375 | 09-20-28 | 216,000 | 94,284 | |
Total Play Telecomunicaciones SA de CV (C) | 7.500 | 11-12-25 | 333,000 | 193,788 | |
Zayo Group Holdings, Inc. (A)(B)(C) | 4.000 | 03-01-27 | 153,000 | 116,346 | |
Zayo Group Holdings, Inc. (A)(B)(C) | 6.125 | 03-01-28 | 142,000 | 94,556 | |
Entertainment 1.0% | |||||
Netflix, Inc. (B)(C) | 5.375 | 11-15-29 | 92,000 | 94,679 | |
Netflix, Inc. (B) | 5.875 | 11-15-28 | 400,000 | 420,640 | |
WarnerMedia Holdings, Inc. (B) | 4.279 | 03-15-32 | 214,000 | 195,941 | |
WarnerMedia Holdings, Inc. (B) | 5.050 | 03-15-42 | 120,000 | 106,369 | |
WarnerMedia Holdings, Inc. (B) | 5.141 | 03-15-52 | 625,000 | 537,230 | |
WMG Acquisition Corp. (B)(C) | 3.875 | 07-15-30 | 102,000 | 90,908 | |
Interactive media and services 0.1% | |||||
Match Group Holdings II LLC (A)(B)(C) | 3.625 | 10-01-31 | 67,000 | 57,285 | |
Media 2.1% | |||||
Charter Communications Operating LLC (B) | 4.200 | 03-15-28 | 464,000 | 446,005 | |
Charter Communications Operating LLC (B) | 5.750 | 04-01-48 | 500,000 | 435,918 | |
Charter Communications Operating LLC (B) | 6.384 | 10-23-35 | 338,000 | 340,791 | |
Globo Comunicacao e Participacoes SA (C) | 4.875 | 01-22-30 | 315,000 | 271,904 | |
News Corp. (B)(C) | 3.875 | 05-15-29 | 166,000 | 152,596 | |
Paramount Global (A)(B) | 4.200 | 05-19-32 | 78,000 | 69,408 | |
Paramount Global (B) | 4.375 | 03-15-43 | 161,000 | 116,612 | |
Paramount Global (B) | 4.950 | 05-19-50 | 328,000 | 261,601 | |
Sirius XM Radio, Inc. (B)(C) | 4.000 | 07-15-28 | 179,000 | 162,551 | |
Sirius XM Radio, Inc. (B)(C) | 5.000 | 08-01-27 | 309,000 | 297,020 | |
TCI Communications, Inc. (B) | 7.875 | 02-15-26 | 415,000 | 438,853 | |
Wireless telecommunication services 1.1% | |||||
T-Mobile USA, Inc. (B) | 3.875 | 04-15-30 | 789,000 | 746,159 | |
T-Mobile USA, Inc. (B) | 5.375 | 04-15-27 | 135,000 | 135,678 | |
T-Mobile USA, Inc. (B) | 5.650 | 01-15-53 | 224,000 | 231,182 | |
Vodafone Group PLC (B) | 5.625 | 02-10-53 | 143,000 | 144,059 | |
Vodafone Group PLC (7.000% to 4-4-29, then 5 Year U.S. Swap Rate + 4.873% to 4-4-49, then 5 Year U.S. Swap Rate + 5.623%) (B) | 7.000 | 04-04-79 | 228,000 | 235,618 | |
Consumer discretionary 5.6% | 7,871,637 | ||||
Automobile components 0.1% | |||||
Dealer Tire LLC (C) | 8.000 | 02-01-28 | 92,000 | 91,141 |
4 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Automobiles 2.6% | |||||
Ford Motor Company (A)(B) | 6.100 | 08-19-32 | 115,000 | $115,238 | |
Ford Motor Company (B) | 9.625 | 04-22-30 | 390,000 | 457,366 | |
Ford Motor Credit Company LLC (B) | 4.125 | 08-17-27 | 329,000 | 312,494 | |
Ford Motor Credit Company LLC (B) | 5.113 | 05-03-29 | 440,000 | 427,491 | |
Ford Motor Credit Company LLC (B) | 6.800 | 05-12-28 | 753,000 | 782,449 | |
General Motors Company (B) | 5.400 | 10-15-29 | 314,000 | 318,938 | |
General Motors Company (B) | 5.400 | 04-01-48 | 162,000 | 147,798 | |
General Motors Financial Company, Inc. (B) | 3.600 | 06-21-30 | 762,000 | 690,078 | |
Hyundai Capital America (B)(C) | 5.300 | 01-08-29 | 109,000 | 110,555 | |
Nissan Motor Acceptance Company LLC (B)(C) | 6.950 | 09-15-26 | 260,000 | 268,692 | |
Broadline retail 0.2% | |||||
Macy’s Retail Holdings LLC (A)(B)(C) | 5.875 | 04-01-29 | 89,000 | 86,330 | |
Macy’s Retail Holdings LLC (B)(C) | 5.875 | 03-15-30 | 77,000 | 73,015 | |
Macy’s Retail Holdings LLC (B)(C) | 6.125 | 03-15-32 | 141,000 | 133,048 | |
Distributors 0.0% | |||||
LKQ Corp. (B) | 5.750 | 06-15-28 | 83,000 | 84,698 | |
Hotels, restaurants and leisure 1.4% | |||||
Booking Holdings, Inc. (B) | 4.625 | 04-13-30 | 270,000 | 270,739 | |
Caesars Entertainment, Inc. (C) | 6.500 | 02-15-32 | 99,000 | 100,095 | |
CCM Merger, Inc. (B)(C) | 6.375 | 05-01-26 | 105,000 | 103,696 | |
Full House Resorts, Inc. (A)(B)(C) | 8.250 | 02-15-28 | 100,000 | 94,793 | |
Hilton Grand Vacations Borrower Escrow LLC (B)(C) | 5.000 | 06-01-29 | 185,000 | 170,945 | |
Hilton Grand Vacations Borrower Escrow LLC (B)(C) | 6.625 | 01-15-32 | 191,000 | 191,402 | |
Jacobs Entertainment, Inc. (B)(C) | 6.750 | 02-15-29 | 77,000 | 73,059 | |
MGM Resorts International (B) | 4.750 | 10-15-28 | 332,000 | 314,552 | |
Midwest Gaming Borrower LLC (B)(C) | 4.875 | 05-01-29 | 210,000 | 193,736 | |
Mohegan Tribal Gaming Authority (B)(C) | 8.000 | 02-01-26 | 173,000 | 162,464 | |
Resorts World Las Vegas LLC (B)(C) | 4.625 | 04-16-29 | 200,000 | 177,700 | |
Travel + Leisure Company (B)(C) | 4.625 | 03-01-30 | 91,000 | 81,931 | |
Household durables 0.3% | |||||
Brookfield Residential Properties, Inc. (B)(C) | 5.000 | 06-15-29 | 117,000 | 106,610 | |
Century Communities, Inc. (B)(C) | 3.875 | 08-15-29 | 157,000 | 141,261 | |
KB Home (B) | 4.000 | 06-15-31 | 178,000 | 156,954 | |
Specialty retail 0.8% | |||||
Asbury Automotive Group, Inc. (A)(B)(C) | 4.625 | 11-15-29 | 38,000 | 35,009 | |
Asbury Automotive Group, Inc. (B) | 4.750 | 03-01-30 | 134,000 | 123,992 | |
AutoNation, Inc. (B) | 4.750 | 06-01-30 | 244,000 | 234,626 | |
Group 1 Automotive, Inc. (B)(C) | 4.000 | 08-15-28 | 107,000 | 98,644 | |
Lithia Motors, Inc. (B)(C) | 3.875 | 06-01-29 | 80,000 | 71,800 | |
Lithia Motors, Inc. (B)(C) | 4.375 | 01-15-31 | 80,000 | 71,732 | |
Lithia Motors, Inc. (B)(C) | 4.625 | 12-15-27 | 40,000 | 38,321 | |
The Michaels Companies, Inc. (A)(B)(C) | 5.250 | 05-01-28 | 253,000 | 198,724 | |
The Michaels Companies, Inc. (C) | 7.875 | 05-01-29 | 234,000 | 149,665 | |
Valvoline, Inc. (B)(C) | 3.625 | 06-15-31 | 177,000 | 151,346 | |
Textiles, apparel and luxury goods 0.2% | |||||
Tapestry, Inc. (B) | 7.700 | 11-27-30 | 135,000 | 143,086 | |
Tapestry, Inc. (B) | 7.850 | 11-27-33 | 108,000 | 115,424 | |
Consumer staples 1.5% | 2,085,239 | ||||
Food products 1.5% | |||||
Fiesta Purchaser, Inc. (C) | 7.875 | 03-01-31 | 34,000 | 34,000 | |
JBS USA LUX SA (B) | 3.625 | 01-15-32 | 207,000 | 176,210 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST | 5 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer staples (continued) | |||||
Food products (continued) | |||||
JBS USA LUX SA (B) | 3.750 | 12-01-31 | 65,000 | $55,718 | |
JBS USA LUX SA (B) | 5.125 | 02-01-28 | 128,000 | 126,685 | |
JBS USA LUX SA (B) | 5.750 | 04-01-33 | 348,000 | 344,540 | |
Kraft Heinz Foods Company (B) | 4.375 | 06-01-46 | 534,000 | 462,043 | |
Kraft Heinz Foods Company (B) | 5.000 | 06-04-42 | 139,000 | 133,011 | |
MARB BondCo PLC (C) | 3.950 | 01-29-31 | 264,000 | 211,258 | |
NBM US Holdings, Inc. (C) | 6.625 | 08-06-29 | 298,000 | 290,650 | |
Pilgrim’s Pride Corp. (B) | 6.250 | 07-01-33 | 246,000 | 251,124 | |
Energy 10.0% | 14,082,197 | ||||
Oil, gas and consumable fuels 10.0% | |||||
Aker BP ASA (C) | 6.000 | 06-13-33 | 245,000 | 254,159 | |
Antero Midstream Partners LP (B)(C) | 5.375 | 06-15-29 | 182,000 | 174,737 | |
Antero Midstream Partners LP (B)(C) | 6.625 | 02-01-32 | 143,000 | 142,125 | |
Antero Resources Corp. (B)(C) | 5.375 | 03-01-30 | 69,000 | 65,796 | |
Ascent Resources Utica Holdings LLC (B)(C) | 5.875 | 06-30-29 | 237,000 | 223,240 | |
Ascent Resources Utica Holdings LLC (B)(C) | 8.250 | 12-31-28 | 40,000 | 40,915 | |
Cheniere Energy Partners LP (B) | 4.000 | 03-01-31 | 362,000 | 328,423 | |
Cheniere Energy Partners LP (B) | 4.500 | 10-01-29 | 403,000 | 384,454 | |
Civitas Resources, Inc. (B)(C) | 8.625 | 11-01-30 | 111,000 | 118,388 | |
Columbia Pipelines Holding Company LLC (B)(C) | 5.681 | 01-15-34 | 173,000 | 173,563 | |
Columbia Pipelines Operating Company LLC (B)(C) | 5.927 | 08-15-30 | 87,000 | 90,435 | |
Columbia Pipelines Operating Company LLC (B)(C) | 6.036 | 11-15-33 | 135,000 | 141,731 | |
Continental Resources, Inc. (B) | 4.900 | 06-01-44 | 162,000 | 132,569 | |
Continental Resources, Inc. (B)(C) | 5.750 | 01-15-31 | 299,000 | 297,595 | |
Enbridge, Inc. (5.500% to 7-15-27, then 3 month CME Term SOFR + 3.680% to 7-15-47, then 3 month CME Term SOFR + 4.430%) (B) | 5.500 | 07-15-77 | 340,000 | 316,645 | |
Enbridge, Inc. (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%) (B) | 5.750 | 07-15-80 | 347,000 | 324,567 | |
Enbridge, Inc. (6.250% to 3-1-28, then 3 month CME Term SOFR + 3.903% to 3-1-48, then 3 month CME Term SOFR + 4.653%) (B) | 6.250 | 03-01-78 | 306,000 | 291,997 | |
Enbridge, Inc. (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%) (B) | 8.500 | 01-15-84 | 144,000 | 153,950 | |
Energean Israel Finance, Ltd. (C) | 5.375 | 03-30-28 | 79,000 | 68,841 | |
Energean Israel Finance, Ltd. (C) | 5.875 | 03-30-31 | 138,000 | 114,542 | |
Energy Transfer LP (B) | 4.200 | 04-15-27 | 172,000 | 167,905 | |
Energy Transfer LP (B) | 5.150 | 03-15-45 | 345,000 | 316,638 | |
Energy Transfer LP (B) | 5.250 | 04-15-29 | 263,000 | 265,755 | |
Energy Transfer LP (B) | 5.400 | 10-01-47 | 250,000 | 232,440 | |
Energy Transfer LP (B) | 5.500 | 06-01-27 | 263,000 | 266,735 | |
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) (B)(D) | 6.500 | 11-15-26 | 488,000 | 471,544 | |
Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (B)(D) | 7.125 | 05-15-30 | 381,000 | 368,294 | |
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month CME Term SOFR + 3.295%) (B) | 5.250 | 08-16-77 | 580,000 | 558,568 | |
EQM Midstream Partners LP (B)(C) | 7.500 | 06-01-27 | 32,000 | 32,925 | |
EQM Midstream Partners LP (B)(C) | 7.500 | 06-01-30 | 18,000 | 19,306 | |
Global Partners LP (B)(C) | 8.250 | 01-15-32 | 51,000 | 52,313 | |
Hess Midstream Operations LP (B)(C) | 4.250 | 02-15-30 | 59,000 | 54,271 | |
Hess Midstream Operations LP (B)(C) | 5.500 | 10-15-30 | 25,000 | 24,438 | |
Kinder Morgan Energy Partners LP (B) | 7.750 | 03-15-32 | 142,000 | 161,523 | |
Leviathan Bond, Ltd. (C) | 6.500 | 06-30-27 | 327,000 | 304,239 | |
Leviathan Bond, Ltd. (C) | 6.750 | 06-30-30 | 64,000 | 57,365 | |
MC Brazil Downstream Trading SARL (C) | 7.250 | 06-30-31 | 199,930 | 153,710 | |
MPLX LP (B) | 4.250 | 12-01-27 | 170,000 | 166,517 |
6 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
MPLX LP (B) | 4.950 | 09-01-32 | 149,000 | $145,366 | |
MPLX LP (B) | 5.000 | 03-01-33 | 152,000 | 148,711 | |
Occidental Petroleum Corp. (B) | 6.450 | 09-15-36 | 229,000 | 244,286 | |
Occidental Petroleum Corp. (B) | 6.600 | 03-15-46 | 126,000 | 136,088 | |
Occidental Petroleum Corp. (B) | 6.625 | 09-01-30 | 308,000 | 327,681 | |
Occidental Petroleum Corp. (B) | 8.500 | 07-15-27 | 405,000 | 442,515 | |
ONEOK, Inc. (B) | 5.650 | 11-01-28 | 109,000 | 112,511 | |
ONEOK, Inc. (B) | 6.050 | 09-01-33 | 407,000 | 427,350 | |
ONEOK, Inc. (B) | 6.625 | 09-01-53 | 260,000 | 286,324 | |
Ovintiv, Inc. (B) | 5.650 | 05-15-28 | 86,000 | 87,500 | |
Ovintiv, Inc. (B) | 6.250 | 07-15-33 | 86,000 | 89,701 | |
Ovintiv, Inc. (B) | 7.200 | 11-01-31 | 41,000 | 44,776 | |
Parkland Corp. (B)(C) | 4.500 | 10-01-29 | 133,000 | 122,308 | |
Parkland Corp. (B)(C) | 4.625 | 05-01-30 | 130,000 | 119,772 | |
Petroleos Mexicanos | 7.690 | 01-23-50 | 466,000 | 325,784 | |
Petroleos Mexicanos | 8.750 | 06-02-29 | 123,000 | 118,813 | |
Sabine Pass Liquefaction LLC (B) | 4.200 | 03-15-28 | 153,000 | 149,800 | |
Sabine Pass Liquefaction LLC (B) | 4.500 | 05-15-30 | 416,000 | 406,087 | |
Sabine Pass Liquefaction LLC (B) | 5.000 | 03-15-27 | 259,000 | 259,672 | |
Southwestern Energy Company (B) | 4.750 | 02-01-32 | 98,000 | 90,771 | |
Sunoco LP (B) | 4.500 | 04-30-30 | 196,000 | 181,169 | |
Talos Production, Inc. (C) | 9.000 | 02-01-29 | 22,000 | 22,294 | |
Talos Production, Inc. (C) | 9.375 | 02-01-31 | 28,000 | 28,631 | |
Targa Resources Corp. (B) | 4.950 | 04-15-52 | 323,000 | 281,690 | |
Targa Resources Corp. (B) | 6.150 | 03-01-29 | 222,000 | 232,011 | |
Targa Resources Partners LP (B) | 4.000 | 01-15-32 | 267,000 | 240,652 | |
The Williams Companies, Inc. (B) | 4.650 | 08-15-32 | 133,000 | 129,157 | |
Var Energi ASA (C) | 7.500 | 01-15-28 | 200,000 | 212,255 | |
Var Energi ASA (C) | 8.000 | 11-15-32 | 412,000 | 463,030 | |
Venture Global Calcasieu Pass LLC (B)(C) | 3.875 | 08-15-29 | 72,000 | 64,351 | |
Venture Global Calcasieu Pass LLC (B)(C) | 4.125 | 08-15-31 | 119,000 | 105,234 | |
Venture Global LNG, Inc. (B)(C) | 9.500 | 02-01-29 | 229,000 | 243,207 | |
Western Midstream Operating LP (B) | 4.050 | 02-01-30 | 234,000 | 218,728 | |
Western Midstream Operating LP (B) | 6.150 | 04-01-33 | 59,000 | 60,814 | |
Financials 18.3% | 25,851,363 | ||||
Banks 12.6% | |||||
Banco Santander SA (A)(B) | 4.379 | 04-12-28 | 287,000 | 278,015 | |
Bank of America Corp. (3.846% to 3-8-32, then 5 Year CMT + 2.000%) (B) | 3.846 | 03-08-37 | 340,000 | 302,020 | |
Bank of America Corp. (3.970% to 3-5-28, then 3 month CME Term SOFR + 1.332%) (B) | 3.970 | 03-05-29 | 297,000 | 285,581 | |
Bank of America Corp. (5.015% to 7-22-32, then Overnight SOFR + 2.160%) (B) | 5.015 | 07-22-33 | 965,000 | 956,471 | |
Bank of America Corp. (6.204% to 11-10-27, then Overnight SOFR + 1.990%) (B) | 6.204 | 11-10-28 | 309,000 | 323,059 | |
Bank of America Corp. (6.300% to 3-10-26, then 3 month CME Term SOFR + 4.815%) (B)(D) | 6.300 | 03-10-26 | 403,000 | 403,161 | |
Barclays PLC (4.375% to 9-15-28, then 5 Year CMT + 3.410%) (B)(D) | 4.375 | 03-15-28 | 296,000 | 230,989 | |
Barclays PLC (7.385% to 11-2-27, then 1 Year CMT + 3.300%) (B) | 7.385 | 11-02-28 | 435,000 | 464,934 | |
Citibank NA (B) | 5.488 | 12-04-26 | 430,000 | 438,195 | |
Citigroup, Inc. (B) | 4.600 | 03-09-26 | 282,000 | 279,773 | |
Citigroup, Inc. (4.700% to 1-30-25, then Overnight SOFR + 3.234%) (B)(D) | 4.700 | 01-30-25 | 356,000 | 338,866 | |
Citigroup, Inc. (6.174% to 5-25-33, then Overnight SOFR + 2.661%) (B) | 6.174 | 05-25-34 | 288,000 | 298,729 | |
Citigroup, Inc. (6.250% to 8-15-26, then 3 month CME Term SOFR + 4.779%) (B)(D) | 6.250 | 08-15-26 | 525,000 | 522,178 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST | 7 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Citigroup, Inc. (6.270% to 11-17-32, then Overnight SOFR + 2.338%) (B) | 6.270 | 11-17-33 | 150,000 | $160,982 | |
Comerica, Inc. (5.982% to 1-30-29, then Overnight SOFR + 2.155%) (B) | 5.982 | 01-30-30 | 151,000 | 150,547 | |
Credit Agricole SA (B)(C) | 3.250 | 01-14-30 | 486,000 | 429,506 | |
Credit Agricole SA (6.316% to 10-3-28, then Overnight SOFR + 1.860%) (B)(C) | 6.316 | 10-03-29 | 281,000 | 293,028 | |
Fifth Third Bancorp (3 month CME Term SOFR + 3.295%) (B)(D)(E) | 8.625 | 03-04-24 | 173,000 | 168,936 | |
Huntington Bancshares, Inc. (6.208% to 8-21-28, then Overnight SOFR + 2.020%) (B) | 6.208 | 08-21-29 | 163,000 | 168,471 | |
JPMorgan Chase & Co. (4.452% to 12-5-28, then 3 month CME Term SOFR + 1.592%) (B) | 4.452 | 12-05-29 | 115,000 | 112,898 | |
JPMorgan Chase & Co. (4.600% to 2-1-25, then 3 month CME Term SOFR + 3.125%) (B)(D) | 4.600 | 02-01-25 | 379,000 | 369,233 | |
JPMorgan Chase & Co. (4.912% to 7-25-32, then Overnight SOFR + 2.080%) (B) | 4.912 | 07-25-33 | 345,000 | 340,563 | |
JPMorgan Chase & Co. (5.012% to 1-23-29, then Overnight SOFR + 1.310%) (B) | 5.012 | 01-23-30 | 260,000 | 261,302 | |
JPMorgan Chase & Co. (5.717% to 9-14-32, then Overnight SOFR + 2.580%) (B) | 5.717 | 09-14-33 | 355,000 | 365,845 | |
JPMorgan Chase & Co. (B) | 8.750 | 09-01-30 | 375,000 | 450,117 | |
Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%) (B)(D) | 7.500 | 06-27-24 | 385,000 | 381,294 | |
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) (B)(D) | 5.125 | 11-01-26 | 141,000 | 128,602 | |
NatWest Group PLC (5.516% to 9-30-27, then 1 Year CMT + 2.270%) (B) | 5.516 | 09-30-28 | 342,000 | 344,560 | |
NatWest Group PLC (6.000% to 6-29-26, then 5 Year CMT + 5.625%) (B)(D) | 6.000 | 12-29-25 | 393,000 | 382,855 | |
Popular, Inc. (A)(B) | 7.250 | 03-13-28 | 218,000 | 226,066 | |
Santander Holdings USA, Inc. (B) | 4.400 | 07-13-27 | 395,000 | 383,937 | |
Societe Generale SA (5.375% to 11-18-30, then 5 Year CMT + 4.514%) (B)(C)(D) | 5.375 | 11-18-30 | 269,000 | 219,784 | |
Societe Generale SA (6.446% to 1-10-28, then 1 Year CMT + 2.550%) (B)(C) | 6.446 | 01-10-29 | 472,000 | 487,200 | |
The PNC Financial Services Group, Inc. (5.582% to 6-12-28, then Overnight SOFR + 1.841%) (B) | 5.582 | 06-12-29 | 431,000 | 439,958 | |
The PNC Financial Services Group, Inc. (5.939% to 8-18-33, then Overnight SOFR + 1.946%) (B) | 5.939 | 08-18-34 | 245,000 | 256,225 | |
The PNC Financial Services Group, Inc. (6.200% to 9-15-27, then 5 Year CMT + 3.238%) (B)(D) | 6.200 | 09-15-27 | 355,000 | 347,717 | |
The PNC Financial Services Group, Inc. (6.250% to 3-15-30, then 7 Year CMT + 2.808%) (B)(D) | 6.250 | 03-15-30 | 216,000 | 205,177 | |
The PNC Financial Services Group, Inc. (3 month CME Term SOFR + 3.302%) (B)(D)(E) | 8.679 | 03-01-24 | 224,000 | 224,600 | |
Truist Financial Corp. (5.435% to 1-24-29, then Overnight SOFR + 1.620%) (B) | 5.435 | 01-24-30 | 184,000 | 185,568 | |
Truist Financial Corp. (5.711% to 1-24-34, then Overnight SOFR + 1.922%) (B) | 5.711 | 01-24-35 | 125,000 | 127,107 | |
Truist Financial Corp. (5.867% to 6-8-33, then Overnight SOFR + 2.361%) (B) | 5.867 | 06-08-34 | 256,000 | 262,217 | |
Truist Financial Corp. (7.161% to 10-30-28, then Overnight SOFR + 2.446%) (B) | 7.161 | 10-30-29 | 683,000 | 737,616 | |
U.S. Bancorp (5.384% to 1-23-29, then Overnight SOFR + 1.560%) (B) | 5.384 | 01-23-30 | 153,000 | 154,813 | |
U.S. Bancorp (5.836% to 6-10-33, then Overnight SOFR + 2.260%) (B) | 5.836 | 06-12-34 | 287,000 | 296,183 | |
U.S. Bancorp (6.787% to 10-26-26, then Overnight SOFR + 1.880%) (B) | 6.787 | 10-26-27 | 272,000 | 283,760 | |
Wachovia Corp. (B) | 7.574 | 08-01-26 | 465,000 | 490,149 | |
Wells Fargo & Company (4.808% to 7-25-27, then Overnight SOFR + 1.980%) (B) | 4.808 | 07-25-28 | 621,000 | 617,244 | |
Wells Fargo & Company (4.897% to 7-25-32, then Overnight SOFR + 2.100%) (B) | 4.897 | 07-25-33 | 438,000 | 428,041 | |
Wells Fargo & Company (5.198% to 1-23-29, then Overnight SOFR + 1.500%) (B) | 5.198 | 01-23-30 | 396,000 | 399,079 | |
Wells Fargo & Company (5.875% to 6-15-25, then 9.865% thereafter) (B)(D) | 5.875 | 06-15-25 | 755,000 | 750,278 | |
Wells Fargo & Company (6.491% to 10-23-33, then Overnight SOFR + 2.060%) (B) | 6.491 | 10-23-34 | 560,000 | 610,930 | |
Capital markets 3.7% | |||||
Ares Capital Corp. (B) | 3.875 | 01-15-26 | 113,000 | 108,645 | |
Ares Capital Corp. (B) | 5.875 | 03-01-29 | 161,000 | 159,568 | |
Ares Capital Corp. (B) | 7.000 | 01-15-27 | 325,000 | 333,491 |
8 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Capital markets (continued) | |||||
Blackstone Private Credit Fund (A)(B) | 4.000 | 01-15-29 | 291,000 | $267,567 | |
Blackstone Private Credit Fund (B) | 7.050 | 09-29-25 | 445,000 | 452,936 | |
Blackstone Private Credit Fund (B)(C) | 7.300 | 11-27-28 | 214,000 | 223,251 | |
Deutsche Bank AG (3.742% to 1-7-32, then Overnight SOFR + 2.257%) (B) | 3.742 | 01-07-33 | 339,000 | 277,498 | |
Deutsche Bank AG (6.720% to 1-18-28, then Overnight SOFR + 3.180%) (B) | 6.720 | 01-18-29 | 205,000 | 213,427 | |
Deutsche Bank AG (6.819% to 11-20-28, then Overnight SOFR + 2.510%) (B) | 6.819 | 11-20-29 | 171,000 | 179,694 | |
Jefferies Financial Group, Inc. (B) | 5.875 | 07-21-28 | 205,000 | 211,894 | |
Lazard Group LLC (B) | 4.375 | 03-11-29 | 230,000 | 220,694 | |
Macquarie Bank, Ltd. (B)(C) | 3.624 | 06-03-30 | 246,000 | 217,083 | |
Morgan Stanley (4.431% to 1-23-29, then 3 month CME Term SOFR + 1.890%) (B) | 4.431 | 01-23-30 | 27,000 | 26,314 | |
Morgan Stanley (5.164% to 4-20-28, then Overnight SOFR + 1.590%) (B) | 5.164 | 04-20-29 | 189,000 | 190,238 | |
Morgan Stanley (5.173% to 1-16-29, then Overnight SOFR + 1.450%) (B) | 5.173 | 01-16-30 | 244,000 | 246,099 | |
Morgan Stanley (5.948% to 1-19-33, then 5 Year CMT + 2.430%) (B) | 5.948 | 01-19-38 | 531,000 | 542,179 | |
MSCI, Inc. (B)(C) | 3.625 | 11-01-31 | 305,000 | 267,809 | |
The Charles Schwab Corp. (5.643% to 5-19-28, then Overnight SOFR + 2.210%) (B) | 5.643 | 05-19-29 | 290,000 | 296,714 | |
The Charles Schwab Corp. (6.196% to 11-17-28, then Overnight SOFR + 1.878%) (B) | 6.196 | 11-17-29 | 276,000 | 288,664 | |
The Goldman Sachs Group, Inc. (6.484% to 10-24-28, then Overnight SOFR + 1.770%) (B) | 6.484 | 10-24-29 | 345,000 | 366,308 | |
UBS Group AG (5.428% to 2-8-29, then 1 Year CMT + 1.520%) (C) | 5.428 | 02-08-30 | 209,000 | 210,614 | |
Consumer finance 0.4% | |||||
Ally Financial, Inc. (6.992% to 6-13-28, then Overnight SOFR + 3.260%) (B) | 6.992 | 06-13-29 | 227,000 | 235,111 | |
Ally Financial, Inc. (B) | 7.100 | 11-15-27 | 170,000 | 178,769 | |
OneMain Finance Corp. (B) | 9.000 | 01-15-29 | 96,000 | 101,113 | |
Financial services 0.3% | |||||
Block, Inc. (A)(B) | 3.500 | 06-01-31 | 96,000 | 82,701 | |
Corebridge Financial, Inc. (6.875% to 12-15-27, then 5 Year CMT + 3.846%) (B) | 6.875 | 12-15-52 | 112,000 | 112,325 | |
Nationstar Mortgage Holdings, Inc. (B)(C) | 5.125 | 12-15-30 | 71,000 | 63,816 | |
Nationstar Mortgage Holdings, Inc. (B)(C) | 5.500 | 08-15-28 | 147,000 | 139,597 | |
Nationstar Mortgage Holdings, Inc. (B)(C) | 6.000 | 01-15-27 | 75,000 | 73,539 | |
Insurance 1.3% | |||||
Athene Holding, Ltd. (B) | 3.500 | 01-15-31 | 162,000 | 142,703 | |
CNA Financial Corp. (B) | 3.900 | 05-01-29 | 150,000 | 143,505 | |
CNO Financial Group, Inc. (B) | 5.250 | 05-30-29 | 384,000 | 378,023 | |
Liberty Mutual Group, Inc. (4.125% to 12-15-26, then 5 Year CMT + 3.315%) (B)(C) | 4.125 | 12-15-51 | 203,000 | 177,912 | |
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) (B) | 6.400 | 12-15-36 | 355,000 | 361,778 | |
SBL Holdings, Inc. (B)(C) | 5.000 | 02-18-31 | 275,000 | 226,687 | |
Teachers Insurance & Annuity Association of America (B)(C) | 4.270 | 05-15-47 | 430,000 | 368,738 | |
Health care 2.7% | 3,757,493 | ||||
Biotechnology 0.5% | |||||
Amgen, Inc. | 5.250 | 03-02-30 | 533,000 | 545,696 | |
Star Parent, Inc. (B)(C) | 9.000 | 10-01-30 | 111,000 | 116,717 | |
Health care equipment and supplies 0.1% | |||||
Varex Imaging Corp. (B)(C) | 7.875 | 10-15-27 | 104,000 | 105,675 | |
Health care providers and services 1.3% | |||||
AdaptHealth LLC (B)(C) | 5.125 | 03-01-30 | 132,000 | 103,217 | |
Centene Corp. (B) | 4.250 | 12-15-27 | 70,000 | 67,291 | |
CVS Health Corp. (B) | 3.750 | 04-01-30 | 211,000 | 197,625 | |
CVS Health Corp. (B) | 5.050 | 03-25-48 | 260,000 | 238,372 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST | 9 |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care (continued) | |||||
Health care providers and services (continued) | |||||
CVS Health Corp. (B) | 5.250 | 01-30-31 | 391,000 | $397,928 | |
DaVita, Inc. (B)(C) | 3.750 | 02-15-31 | 165,000 | 136,024 | |
DaVita, Inc. (B)(C) | 4.625 | 06-01-30 | 285,000 | 252,160 | |
HCA, Inc. (B) | 5.500 | 06-01-33 | 230,000 | 233,528 | |
Humana, Inc. (B) | 5.875 | 03-01-33 | 195,000 | 204,298 | |
Life sciences tools and services 0.3% | |||||
IQVIA, Inc. (B)(C) | 6.250 | 02-01-29 | 137,000 | 142,578 | |
Thermo Fisher Scientific, Inc. (B) | 4.977 | 08-10-30 | 299,000 | 305,658 | |
Pharmaceuticals 0.5% | |||||
Viatris, Inc. (B) | 2.700 | 06-22-30 | 380,000 | 324,315 | |
Viatris, Inc. (B) | 4.000 | 06-22-50 | 546,000 | 386,411 | |
Industrials 8.7% | 12,237,840 | ||||
Aerospace and defense 0.7% | |||||
Huntington Ingalls Industries, Inc. (B) | 4.200 | 05-01-30 | 190,000 | 181,561 | |
The Boeing Company (B) | 5.150 | 05-01-30 | 811,000 | 812,792 | |
Building products 0.4% | |||||
Builders FirstSource, Inc. (B)(C) | 4.250 | 02-01-32 | 225,000 | 201,205 | |
Builders FirstSource, Inc. (B)(C) | 6.375 | 06-15-32 | 135,000 | 137,685 | |
Owens Corning (B) | 3.950 | 08-15-29 | 282,000 | 269,232 | |
Commercial services and supplies 0.3% | |||||
APX Group, Inc. (B)(C) | 5.750 | 07-15-29 | 201,000 | 190,889 | |
Prime Security Services Borrower LLC (A)(B)(C) | 6.250 | 01-15-28 | 208,000 | 206,126 | |
Construction and engineering 0.2% | |||||
Global Infrastructure Solutions, Inc. (B)(C) | 5.625 | 06-01-29 | 200,000 | 180,671 | |
MasTec, Inc. (B)(C) | 4.500 | 08-15-28 | 147,000 | 137,867 | |
Electrical equipment 0.4% | |||||
Emerald Debt Merger Sub LLC (B)(C) | 6.625 | 12-15-30 | 144,000 | 145,450 | |
Regal Rexnord Corp. (B)(C) | 6.050 | 02-15-26 | 181,000 | 182,926 | |
Regal Rexnord Corp. (B)(C) | 6.400 | 04-15-33 | 155,000 | 161,080 | |
Ground transportation 0.2% | |||||
Uber Technologies, Inc. (A)(B)(C) | 4.500 | 08-15-29 | 320,000 | 302,893 | |
Machinery 0.2% | |||||
Flowserve Corp. (B) | 3.500 | 10-01-30 | 184,000 | 163,989 | |
Ingersoll Rand, Inc. (B) | 5.400 | 08-14-28 | 51,000 | 52,311 | |
JB Poindexter & Company, Inc. (B)(C) | 8.750 | 12-15-31 | 95,000 | 97,256 | |
Passenger airlines 4.2% | |||||
Air Canada 2013-1 Class A Pass Through Trust (B)(C) | 4.125 | 05-15-25 | 143,841 | 139,703 | |
Air Canada 2017-1 Class B Pass Through Trust (B)(C) | 3.700 | 01-15-26 | 147,725 | 139,459 | |
Air Canada 2020-1 Class C Pass Through Trust (B)(C) | 10.500 | 07-15-26 | 136,000 | 147,560 | |
Alaska Airlines 2020-1 Class B Pass Through Trust (B)(C) | 8.000 | 08-15-25 | 95,152 | 95,358 | |
American Airlines 2015-1 Class A Pass Through Trust (B) | 3.375 | 05-01-27 | 594,246 | 556,530 | |
American Airlines 2016-1 Class A Pass Through Trust (B) | 4.100 | 01-15-28 | 265,599 | 246,149 | |
American Airlines 2016-1 Class AA Pass Through Trust (B) | 3.575 | 01-15-28 | 65,601 | 61,280 | |
American Airlines 2016-3 Class A Pass Through Trust (B) | 3.250 | 10-15-28 | 32,296 | 28,704 | |
American Airlines 2017-1 Class A Pass Through Trust (B) | 4.000 | 02-15-29 | 133,819 | 121,377 | |
American Airlines 2017-1 Class AA Pass Through Trust (B) | 3.650 | 02-15-29 | 205,875 | 191,574 | |
American Airlines 2017-2 Class A Pass Through Trust (B) | 3.600 | 10-15-29 | 167,856 | 148,535 | |
American Airlines 2019-1 Class A Pass Through Trust (B) | 3.500 | 02-15-32 | 259,245 | 220,092 | |
American Airlines 2019-1 Class AA Pass Through Trust (B) | 3.150 | 02-15-32 | 209,827 | 185,420 | |
American Airlines 2019-1 Class B Pass Through Trust (B) | 3.850 | 02-15-28 | 84,662 | 76,442 |
10 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Passenger airlines (continued) | |||||
American Airlines 2021-1 Class A Pass Through Trust (B) | 2.875 | 07-11-34 | 177,476 | $150,777 | |
American Airlines 2021-1 Class B Pass Through Trust (B) | 3.950 | 07-11-30 | 239,605 | 213,767 | |
American Airlines, Inc. (A)(B)(C) | 7.250 | 02-15-28 | 166,000 | 168,251 | |
British Airways 2018-1 Class A Pass Through Trust (B)(C) | 4.125 | 09-20-31 | 94,871 | 86,498 | |
British Airways 2020-1 Class A Pass Through Trust (B)(C) | 4.250 | 11-15-32 | 86,537 | 81,066 | |
British Airways 2020-1 Class B Pass Through Trust (B)(C) | 8.375 | 11-15-28 | 57,179 | 59,777 | |
Delta Air Lines, Inc. (A)(B) | 4.375 | 04-19-28 | 250,000 | 240,785 | |
Delta Air Lines, Inc. (B)(C) | 4.750 | 10-20-28 | 332,848 | 327,772 | |
JetBlue 2019-1 Class AA Pass Through Trust (B) | 2.750 | 05-15-32 | 221,436 | 187,544 | |
United Airlines 2014-2 Class A Pass Through Trust (B) | 3.750 | 09-03-26 | 293,821 | 282,379 | |
United Airlines 2016-1 Class A Pass Through Trust (B) | 3.450 | 07-07-28 | 270,037 | 243,050 | |
United Airlines 2016-1 Class B Pass Through Trust (B) | 3.650 | 01-07-26 | 224,583 | 212,427 | |
United Airlines 2018-1 Class B Pass Through Trust (B) | 4.600 | 03-01-26 | 100,495 | 96,027 | |
United Airlines 2019-1 Class A Pass Through Trust (B) | 4.550 | 08-25-31 | 212,567 | 191,631 | |
United Airlines 2020-1 Class A Pass Through Trust (B) | 5.875 | 10-15-27 | 427,665 | 431,360 | |
United Airlines 2020-1 Class B Pass Through Trust (B) | 4.875 | 01-15-26 | 126,212 | 123,277 | |
United Airlines 2023-1 Class A Pass Through Trust (B) | 5.800 | 01-15-36 | 275,000 | 279,215 | |
United Airlines, Inc. (B)(C) | 4.375 | 04-15-26 | 23,000 | 22,187 | |
United Airlines, Inc. (B)(C) | 4.625 | 04-15-29 | 53,000 | 49,027 | |
US Airways 2012-2 Class A Pass Through Trust (B) | 4.625 | 06-03-25 | 104,693 | 102,490 | |
Professional services 0.2% | |||||
Concentrix Corp. (B) | 6.600 | 08-02-28 | 266,000 | 273,473 | |
Trading companies and distributors 1.9% | |||||
AerCap Ireland Capital DAC | 3.875 | 01-23-28 | 1,137,000 | 1,081,488 | |
AerCap Ireland Capital DAC | 5.100 | 01-19-29 | 253,000 | 251,513 | |
AerCap Ireland Capital DAC (C) | 6.450 | 04-15-27 | 405,000 | 419,042 | |
Air Lease Corp. (B) | 3.625 | 12-01-27 | 164,000 | 155,697 | |
Air Lease Corp. (B) | 5.850 | 12-15-27 | 290,000 | 296,299 | |
Ashtead Capital, Inc. (B)(C) | 5.800 | 04-15-34 | 200,000 | 201,124 | |
Beacon Roofing Supply, Inc. (B)(C) | 4.125 | 05-15-29 | 98,000 | 88,696 | |
United Rentals North America, Inc. (B) | 3.875 | 11-15-27 | 146,000 | 139,085 | |
Information technology 3.4% | 4,782,295 | ||||
IT services 0.2% | |||||
Gartner, Inc. (B)(C) | 4.500 | 07-01-28 | 287,000 | 273,889 | |
Semiconductors and semiconductor equipment 2.3% | |||||
Broadcom, Inc. (B) | 4.750 | 04-15-29 | 976,000 | 975,322 | |
Foundry JV Holdco LLC (B)(C) | 5.875 | 01-25-34 | 239,000 | 246,114 | |
Micron Technology, Inc. (B) | 4.185 | 02-15-27 | 283,000 | 277,326 | |
Micron Technology, Inc. (B) | 5.300 | 01-15-31 | 154,000 | 155,603 | |
Micron Technology, Inc. (B) | 5.327 | 02-06-29 | 264,000 | 268,261 | |
Micron Technology, Inc. (B) | 5.875 | 02-09-33 | 140,000 | 146,196 | |
Micron Technology, Inc. (B) | 6.750 | 11-01-29 | 693,000 | 748,190 | |
NXP BV | 3.875 | 06-18-26 | 372,000 | 362,434 | |
Software 0.5% | |||||
Consensus Cloud Solutions, Inc. (A)(B)(C) | 6.500 | 10-15-28 | 119,000 | 106,879 | |
Oracle Corp. (B) | 6.250 | 11-09-32 | 595,000 | 641,722 | |
Technology hardware, storage and peripherals 0.4% | |||||
Dell International LLC (B) | 5.300 | 10-01-29 | 566,000 | 580,359 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials 2.4% | $3,455,606 | ||||
Chemicals 0.3% | |||||
Braskem Netherlands Finance BV (A)(B)(C) | 4.500 | 01-31-30 | 361,000 | 285,634 | |
Sasol Financing USA LLC | 5.500 | 03-18-31 | 158,000 | 132,642 | |
Construction materials 0.5% | |||||
Cemex SAB de CV (C) | 3.875 | 07-11-31 | 255,000 | 227,234 | |
Cemex SAB de CV (C) | 5.200 | 09-17-30 | 256,000 | 249,430 | |
Standard Industries, Inc. (B)(C) | 3.375 | 01-15-31 | 109,000 | 92,686 | |
Standard Industries, Inc. (B)(C) | 4.375 | 07-15-30 | 122,000 | 110,868 | |
Standard Industries, Inc. (B)(C) | 5.000 | 02-15-27 | 54,000 | 52,451 | |
Summit Materials LLC (B)(C) | 7.250 | 01-15-31 | 52,000 | 54,024 | |
Containers and packaging 0.5% | |||||
Graphic Packaging International LLC (B)(C) | 3.500 | 03-01-29 | 165,000 | 148,480 | |
Mauser Packaging Solutions Holding Company (B)(C) | 7.875 | 08-15-26 | 116,000 | 117,212 | |
Owens-Brockway Glass Container, Inc. (B)(C) | 6.625 | 05-13-27 | 97,000 | 96,583 | |
Owens-Brockway Glass Container, Inc. (A)(B)(C) | 7.250 | 05-15-31 | 76,000 | 76,385 | |
Pactiv Evergreen Group Issuer, Inc. (A)(B)(C) | 4.000 | 10-15-27 | 275,000 | 256,438 | |
Metals and mining 1.1% | |||||
Anglo American Capital PLC (C) | 4.750 | 04-10-27 | 200,000 | 197,690 | |
Arsenal AIC Parent LLC (B)(C) | 8.000 | 10-01-30 | 92,000 | 95,962 | |
First Quantum Minerals, Ltd. (C) | 6.875 | 10-15-27 | 257,000 | 232,711 | |
Freeport-McMoRan, Inc. (B) | 4.250 | 03-01-30 | 278,000 | 260,918 | |
Freeport-McMoRan, Inc. (B) | 5.400 | 11-14-34 | 196,000 | 195,706 | |
Freeport-McMoRan, Inc. (B) | 5.450 | 03-15-43 | 323,000 | 310,695 | |
Hudbay Minerals, Inc. (B)(C) | 4.500 | 04-01-26 | 52,000 | 50,388 | |
Novelis Corp. (B)(C) | 4.750 | 01-30-30 | 228,000 | 211,469 | |
Real estate 1.8% | 2,602,567 | ||||
Residential REITs 0.1% | |||||
American Homes 4 Rent LP (B) | 4.250 | 02-15-28 | 154,000 | 149,739 | |
Specialized REITs 1.7% | |||||
American Tower Corp. (B) | 3.550 | 07-15-27 | 215,000 | 206,357 | |
American Tower Corp. (B) | 3.800 | 08-15-29 | 671,000 | 633,106 | |
American Tower Trust I (C) | 5.490 | 03-15-28 | 300,000 | 304,056 | |
GLP Capital LP (B) | 4.000 | 01-15-30 | 121,000 | 110,255 | |
GLP Capital LP (B) | 5.375 | 04-15-26 | 231,000 | 230,216 | |
GLP Capital LP (B) | 6.750 | 12-01-33 | 90,000 | 95,787 | |
Iron Mountain Information Management Services, Inc. (B)(C) | 5.000 | 07-15-32 | 54,000 | 48,701 | |
Iron Mountain, Inc. (B)(C) | 5.250 | 07-15-30 | 130,000 | 122,617 | |
SBA Tower Trust (C) | 6.599 | 01-15-28 | 96,000 | 98,572 | |
VICI Properties LP (B)(C) | 3.875 | 02-15-29 | 151,000 | 138,830 | |
VICI Properties LP (B)(C) | 4.125 | 08-15-30 | 155,000 | 141,059 | |
VICI Properties LP (B)(C) | 4.625 | 12-01-29 | 279,000 | 264,023 | |
VICI Properties LP (B) | 5.125 | 05-15-32 | 62,000 | 59,249 | |
Utilities 4.0% | 5,651,911 | ||||
Electric utilities 3.2% | |||||
American Electric Power Company, Inc. (B) | 5.625 | 03-01-33 | 94,000 | 96,977 | |
Atlantica Transmision Sur SA (C) | 6.875 | 04-30-43 | 230,700 | 228,393 | |
Constellation Energy Generation LLC (B) | 6.125 | 01-15-34 | 81,000 | 86,440 | |
Constellation Energy Generation LLC (B) | 6.500 | 10-01-53 | 138,000 | 154,241 | |
Dominion Energy South Carolina, Inc. (B) | 5.300 | 05-15-33 | 160,000 | 164,538 | |
Duke Energy Corp. (B) | 5.750 | 09-15-33 | 278,000 | 290,500 | |
FirstEnergy Corp. (B) | 3.400 | 03-01-50 | 72,000 | 49,858 | |
FirstEnergy Corp. (B) | 7.375 | 11-15-31 | 120,000 | 141,708 |
12 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities (continued) | |||||
Electric utilities (continued) | |||||
Georgia Power Company (B) | 4.950 | 05-17-33 | 144,000 | $144,047 | |
Monongahela Power Company (B)(C) | 5.400 | 12-15-43 | 50,000 | 48,768 | |
NextEra Energy Capital Holdings, Inc. (B) | 5.000 | 07-15-32 | 90,000 | 89,610 | |
NRG Energy, Inc. (B)(C) | 3.625 | 02-15-31 | 132,000 | 113,222 | |
NRG Energy, Inc. (B)(C) | 3.875 | 02-15-32 | 291,000 | 249,550 | |
NRG Energy, Inc. (B)(C) | 4.450 | 06-15-29 | 194,000 | 183,922 | |
NRG Energy, Inc. (B) | 5.750 | 01-15-28 | 250,000 | 247,336 | |
NRG Energy, Inc. (B)(C) | 7.000 | 03-15-33 | 240,000 | 253,332 | |
NRG Energy, Inc. (10.250% to 3-15-28, then 5 Year CMT + 5.920%) (B)(C)(D) | 10.250 | 03-15-28 | 189,000 | 199,191 | |
Progress Energy, Inc. (B) | 7.750 | 03-01-31 | 470,000 | 540,282 | |
The Southern Company (B) | 5.700 | 03-15-34 | 139,000 | 145,352 | |
Vistra Operations Company LLC (B)(C) | 3.700 | 01-30-27 | 486,000 | 463,277 | |
Vistra Operations Company LLC (B)(C) | 4.300 | 07-15-29 | 441,000 | 416,714 | |
Vistra Operations Company LLC (B)(C) | 6.950 | 10-15-33 | 213,000 | 225,101 | |
Independent power and renewable electricity producers 0.4% | |||||
AES Panama Generation Holdings SRL (C) | 4.375 | 05-31-30 | 228,828 | 195,511 | |
NextEra Energy Operating Partners LP (B)(C) | 3.875 | 10-15-26 | 193,000 | 182,479 | |
NextEra Energy Operating Partners LP (B)(C) | 4.500 | 09-15-27 | 110,000 | 103,294 | |
Vistra Corp. (8.000% to 10-15-26, then 5 Year CMT + 6.930%) (B)(C)(D) | 8.000 | 10-15-26 | 74,000 | 73,789 | |
Multi-utilities 0.4% | |||||
NiSource, Inc. (B) | 3.600 | 05-01-30 | 174,000 | 162,155 | |
NiSource, Inc. (B) | 5.250 | 03-30-28 | 55,000 | 56,101 | |
NiSource, Inc. (B) | 5.400 | 06-30-33 | 115,000 | 117,892 | |
Sempra (B) | 5.500 | 08-01-33 | 224,000 | 228,331 | |
Municipal bonds 0.1% (0.1% of Total investments) | $131,276 | ||||
(Cost $176,000) | |||||
Golden State Tobacco Securitization Corp. (California) | 4.214 | 06-01-50 | 176,000 | 131,276 | |
Collateralized mortgage obligations 8.9% (5.5% of Total investments) | $12,610,053 | ||||
(Cost $16,097,006) | |||||
Commercial and residential 7.4% | 10,461,087 | ||||
BAMLL Commercial Mortgage Securities Trust | |||||
Series 2019-BPR, Class ENM (C)(F) | 3.843 | 11-05-32 | 175,000 | 56,648 | |
Barclays Commercial Mortgage Trust | |||||
Series 2019-C5, Class A2 | 3.043 | 11-15-52 | 191,281 | 187,224 | |
BBCMS Mortgage Trust | |||||
Series 2020-C6, Class A2 | 2.690 | 02-15-53 | 155,000 | 143,890 | |
BBCMS Trust | |||||
Series 2015-SRCH, Class D (C)(F) | 5.122 | 08-10-35 | 295,000 | 217,943 | |
Benchmark Mortgage Trust | |||||
Series 2019-B12, Class A2 | 3.001 | 08-15-52 | 120,813 | 112,647 | |
BX Trust | |||||
Series 2022-CLS, Class A (C) | 5.760 | 10-13-27 | 221,000 | 224,542 | |
Citigroup Commercial Mortgage Trust | |||||
Series 2023-SMRT, Class A (C)(F) | 6.015 | 10-12-40 | 177,000 | 181,403 | |
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | |||||
Series 2012-CR3, Class XA IO | 1.022 | 10-15-45 | 7,272 | 0 | |
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG) | |||||
Series 2018-COR3, Class XA IO | 0.572 | 05-10-51 | 3,787,980 | 58,278 | |
Commercial Mortgage Trust (Deutsche Bank AG) | |||||
Series 2013-300P, Class D (C)(F) | 4.540 | 08-10-30 | 340,000 | 269,941 | |
Ellington Financial Mortgage Trust | |||||
Series 2022-4, Class A1 (5.900% to 12-1-26, then 6.900% thereafter) (C) | 5.900 | 09-25-67 | 400,246 | 401,482 | |
Series 2023-1, Class A1 (5.732% to 1-1-27, then 6.732% thereafter) (C) | 5.732 | 02-25-68 | 447,651 | 446,200 | |
GCAT Trust | |||||
Series 2023-NQM2, Class A1 (5.837% to 1-1-27, then 6.837% thereafter) (C) | 5.837 | 11-25-67 | 430,882 | 430,792 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Series 2023-NQM3, Class A1 (6.889% to 9-1-27, then 7.889% thereafter) (C) | 6.889 | 08-25-68 | 438,152 | $447,867 | |
GS Mortgage Securities Trust | |||||
Series 2017-485L, Class C (C)(F) | 4.115 | 02-10-37 | 240,000 | 197,163 | |
GS Mortgage-Backed Securities Trust | |||||
Series 2023-CCM1, Class A1 (C)(F) | 6.650 | 08-25-53 | 425,148 | 429,523 | |
HarborView Mortgage Loan Trust | |||||
Series 2007-3, Class ES IO (C) | 0.350 | 05-19-37 | 2,335,010 | 24,555 | |
Series 2007-4, Class ES IO | 0.350 | 07-19-47 | 2,348,132 | 31,329 | |
Series 2007-6, Class ES IO (C) | 0.343 | 08-19-37 | 2,455,469 | 31,568 | |
Imperial Fund Mortgage Trust | |||||
Series 2023-NQM1, Class A1 (5.941% to 1-1-27, then 6.941% thereafter) (C) | 5.941 | 02-25-68 | 423,982 | 423,006 | |
JPMorgan Chase Commercial Mortgage Securities Trust | |||||
Series 2020-NNN, Class AFX (C) | 2.812 | 01-16-37 | 195,000 | 164,199 | |
Natixis Commercial Mortgage Securities Trust | |||||
Series 2018-285M, Class D (C)(F) | 3.917 | 11-15-32 | 100,000 | 60,139 | |
Series 2018-ALXA, Class C (C)(F) | 4.460 | 01-15-43 | 175,000 | 145,318 | |
New Residential Mortgage Loan Trust | |||||
Series 2022-NQM4, Class A1 (5.000% to 6-1-26, then 6.000% thereafter) (C) | 5.000 | 06-25-62 | 530,925 | 527,622 | |
OBX Trust | |||||
Series 2022-NQM7, Class A1 (5.110% to 8-1-26, then 6.110% thereafter) (C) | 5.110 | 08-25-62 | 496,928 | 491,004 | |
Series 2023-NQM5, Class A1A (C) | 6.567 | 06-25-63 | 408,802 | 413,512 | |
Starwood Mortgage Residential Trust | |||||
Series 2022-4, Class A1 (5.192% to 6-1-26, then 6.192% thereafter) (C) | 5.192 | 05-25-67 | 413,683 | 412,921 | |
Towd Point Mortgage Trust | |||||
Series 2019-1, Class A1 (C)(F) | 3.750 | 03-25-58 | 122,062 | 116,807 | |
Verus Securitization Trust | |||||
Series 2023-2, Class A1 (6.193% to 3-1-27, then 7.193% thereafter) (C) | 6.193 | 03-25-68 | 426,376 | 428,331 | |
Series 2023-5, Class A1 (6.476% to 6-1-27, then 7.476% thereafter) (C) | 6.476 | 06-25-68 | 424,607 | 428,669 | |
Series 2023-8, Class A2 (6.664% to 12-1-27, then 7.664% thereafter) (C) | 6.664 | 12-25-68 | 491,458 | 496,419 | |
Series 2023-INV1, Class A1 (5.999% to 2-1-27, then 6.999% thereafter) (C) | 5.999 | 02-25-68 | 1,707,446 | 1,710,796 | |
Series 2024-1, Class A3 (C)(F) | 6.118 | 01-25-69 | 750,000 | 749,349 | |
U.S. Government Agency 1.5% | 2,148,966 | ||||
Government National Mortgage Association | |||||
Series 2012-114, Class IO | 0.623 | 01-16-53 | 435,271 | 6,805 | |
Series 2016-174, Class IO | 0.896 | 11-16-56 | 633,253 | 24,893 | |
Series 2017-109, Class IO | 0.230 | 04-16-57 | 754,939 | 11,958 | |
Series 2017-124, Class IO | 0.627 | 01-16-59 | 637,331 | 20,256 | |
Series 2017-135, Class IO | 0.717 | 10-16-58 | 1,170,354 | 44,014 | |
Series 2017-140, Class IO | 0.486 | 02-16-59 | 570,527 | 17,524 | |
Series 2017-20, Class IO | 0.526 | 12-16-58 | 1,283,342 | 29,808 | |
Series 2017-22, Class IO | 0.754 | 12-16-57 | 358,982 | 12,658 | |
Series 2017-46, Class IO | 0.647 | 11-16-57 | 969,095 | 33,728 | |
Series 2017-61, Class IO | 0.745 | 05-16-59 | 420,437 | 14,844 | |
Series 2017-74, Class IO | 0.436 | 09-16-58 | 1,132,129 | 22,320 | |
Series 2018-114, Class IO | 0.590 | 04-16-60 | 608,101 | 22,867 | |
Series 2018-158, Class IO | 0.787 | 05-16-61 | 1,209,898 | 61,092 | |
Series 2018-35, Class IO | 0.540 | 03-16-60 | 1,556,800 | 54,913 | |
Series 2018-43, Class IO | 0.436 | 05-16-60 | 2,031,062 | 64,338 | |
Series 2018-69, Class IO | 0.615 | 04-16-60 | 639,782 | 28,165 | |
Series 2018-9, Class IO | 0.443 | 01-16-60 | 1,186,329 | 35,258 | |
Series 2019-131, Class IO | 0.802 | 07-16-61 | 916,205 | 48,784 | |
Series 2020-100, Class IO | 0.784 | 05-16-62 | 1,073,055 | 61,585 | |
Series 2020-108, Class IO | 0.847 | 06-16-62 | 1,203,477 | 69,330 | |
Series 2020-114, Class IO | 0.800 | 09-16-62 | 2,565,079 | 150,235 | |
Series 2020-118, Class IO | 0.882 | 06-16-62 | 1,861,308 | 113,679 | |
Series 2020-119, Class IO | 0.605 | 08-16-62 | 1,035,070 | 49,160 | |
Series 2020-120, Class IO | 0.762 | 05-16-62 | 588,576 | 33,408 |
14 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Series 2020-137, Class IO | 0.796 | 09-16-62 | 2,955,583 | $164,270 | |
Series 2020-150, Class IO | 0.963 | 12-16-62 | 1,646,498 | 111,054 | |
Series 2020-170, Class IO | 0.834 | 11-16-62 | 2,207,930 | 137,353 | |
Series 2021-203, Class IO | 0.869 | 07-16-63 | 1,766,094 | 113,321 | |
Series 2021-3, Class IO | 0.868 | 09-16-62 | 2,834,734 | 174,070 | |
Series 2021-40, Class IO | 0.824 | 02-16-63 | 694,535 | 42,240 | |
Series 2022-150, Class IO | 0.822 | 06-16-64 | 254,937 | 16,036 | |
Series 2022-17, Class IO | 0.802 | 06-16-64 | 1,490,593 | 93,403 | |
Series 2022-181, Class IO | 0.716 | 07-16-64 | 786,319 | 52,740 | |
Series 2022-21, Class IO | 0.784 | 10-16-63 | 653,470 | 40,163 | |
Series 2022-53, Class IO | 0.711 | 06-16-64 | 2,482,193 | 125,756 | |
Series 2023-197, Class IO | 1.319 | 09-16-65 | 514,728 | 46,938 | |
Asset backed securities 9.1% (5.5% of Total investments) | $12,801,752 | ||||
(Cost $12,990,699) | |||||
Asset backed securities 9.1% | 12,801,752 | ||||
ABPCI Direct Lending Fund I, Ltd. | |||||
Series 2020-1A, Class A (C) | 3.199 | 12-20-30 | 91,374 | 86,716 | |
Aligned Data Centers Issuer LLC | |||||
Series 2023-2A, Class A2 (C) | 6.500 | 11-16-48 | 164,000 | 166,335 | |
Ally Auto Receivables Trust | |||||
Series 2022-3, Class A4 | 5.070 | 06-15-31 | 500,000 | 502,193 | |
American Express Credit Corp. | |||||
Series 2023-4, Class A | 5.150 | 09-15-30 | 670,000 | 689,533 | |
Applebee’s Funding LLC | |||||
Series 2023-1A, Class A2 (C) | 7.824 | 03-05-53 | 146,000 | 151,462 | |
Aqua Finance Trust | |||||
Series 2021-A, Class A (C) | 1.540 | 07-17-46 | 84,341 | 75,660 | |
ARI Fleet Lease Trust | |||||
Series 2023-B, Class A2 (C) | 6.050 | 07-15-32 | 440,000 | 444,655 | |
Avis Budget Rental Car Funding AESOP LLC | |||||
Series 2023-1A, Class A (C) | 5.250 | 04-20-29 | 580,000 | 582,532 | |
Carmax Auto Owner Trust | |||||
Series 2023-3, Class A4 | 5.260 | 02-15-29 | 100,000 | 101,339 | |
CARS-DB4 LP | |||||
Series 2020-1A, Class B1 (C) | 4.170 | 02-15-50 | 293,000 | 281,697 | |
CLI Funding VIII LLC | |||||
Series 2023-1A, Class A (C) | 6.310 | 06-18-48 | 445,291 | 461,298 | |
ContiMortgage Home Equity Loan Trust | |||||
Series 1995-2, Class A5 | 8.100 | 08-15-25 | 14,735 | 15,521 | |
CyrusOne Data Centers Issuer I LLC | |||||
Series 2023-1A, Class A2 (C) | 4.300 | 04-20-48 | 291,000 | 266,062 | |
DB Master Finance LLC | |||||
Series 2017-1A, Class A2II (C) | 4.030 | 11-20-47 | 160,225 | 153,272 | |
Dell Equipment Finance Trust | |||||
Series 2023-2, Class A3 (C) | 5.650 | 01-22-29 | 400,000 | 404,115 | |
Diamond Infrastructure Funding LLC | |||||
Series 2021-1A, Class C (C) | 3.475 | 04-15-49 | 80,000 | 69,438 | |
Domino’s Pizza Master Issuer LLC | |||||
Series 2017-1A, Class A23 (C) | 4.118 | 07-25-47 | 502,900 | 487,460 | |
Five Guys Holdings, Inc. | |||||
Series 2023-1A, Class A2 (C) | 7.549 | 01-26-54 | 197,000 | 206,925 | |
Ford Credit Auto Lease Trust | |||||
Series 2023-B, Class A4 | 5.870 | 01-15-27 | 175,000 | 177,468 | |
Ford Credit Auto Owner Trust | |||||
Series 2022-D, Class A3 | 5.270 | 05-17-27 | 500,000 | 501,664 | |
Series 2023-2, Class A (C) | 5.280 | 02-15-36 | 512,000 | 524,559 | |
General Motors Company | |||||
Series 2023-2, Class A (C) | 5.340 | 06-15-30 | 675,000 | 690,274 | |
GM Financial Consumer Automobile Receivables Trust |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Series 2023-1, Class A4 | 4.590 | 07-17-28 | 290,000 | $289,633 | |
Golub Capital Partners Funding, Ltd. | |||||
Series 2020-1A, Class A2 (C) | 3.208 | 01-22-29 | 165,430 | 156,212 | |
Series 2021-1A, Class A2 (C) | 2.773 | 04-20-29 | 231,887 | 217,872 | |
HI-FI Music IP Issuer LP | |||||
Series 2022-1A, Class A2 (C) | 3.939 | 02-01-62 | 245,000 | 230,221 | |
Jack in the Box Funding LLC | |||||
Series 2019-1A, Class A23 (C) | 4.970 | 08-25-49 | 113,783 | 108,663 | |
Mercedes-Benz Auto Receivables Trust | |||||
Series 2022-1, Class A4 | 5.250 | 02-15-29 | 500,000 | 506,088 | |
Series 2023-1, Class A4 | 4.310 | 04-16-29 | 290,000 | 286,698 | |
MetroNet Infrastructure Issuer LLC | |||||
Series 2023-1A, Class A2 (C) | 6.560 | 04-20-53 | 170,000 | 169,783 | |
MVW LLC | |||||
Series 2020-1A, Class D (C) | 7.140 | 10-20-37 | 749,068 | 727,742 | |
Neighborly Issuer LLC | |||||
Series 2021-1A, Class A2 (C) | 3.584 | 04-30-51 | 462,910 | 413,277 | |
Series 2022-1A, Class A2 (C) | 3.695 | 01-30-52 | 208,740 | 183,693 | |
New Economy Assets Phase 1 Sponsor LLC | |||||
Series 2021-1, Class B1 (C) | 2.410 | 10-20-61 | 139,000 | 113,369 | |
NRZ Excess Spread-Collateralized Notes | |||||
Series 2021-FHT1, Class A (C) | 3.104 | 07-25-26 | 36,274 | 33,863 | |
PFS Financing Corp. | |||||
Series 2023-B, Class A (C) | 5.270 | 05-15-28 | 335,000 | 336,498 | |
Retained Vantage Data Centers Issuer LLC | |||||
Series 2023-1A, Class A2A (C) | 5.000 | 09-15-48 | 275,000 | 262,081 | |
SCF Equipment Leasing LLC | |||||
Series 2022-2A, Class A3 (C) | 6.500 | 10-21-30 | 550,000 | 556,098 | |
Servpro Master Issuer LLC | |||||
Series 2024-1A, Class A2 (C) | 6.174 | 01-25-54 | 104,000 | 104,885 | |
Sesac Finance LLC | |||||
Series 2019-1, Class A2 (C) | 5.216 | 07-25-49 | 345,710 | 338,168 | |
Sonic Capital LLC | |||||
Series 2020-1A, Class A2I (C) | 3.845 | 01-20-50 | 306,169 | 291,792 | |
Sunbird Engine Finance LLC | |||||
Series 2020-1A, Class A (C) | 3.671 | 02-15-45 | 163,533 | 140,631 | |
VR Funding LLC | |||||
Series 2020-1A, Class A (C) | 2.790 | 11-15-50 | 229,636 | 206,075 | |
Willis Engine Structured Trust V | |||||
Series 2020-A, Class A (C) | 3.228 | 03-15-45 | 97,392 | 88,232 | |
Shares | Value | ||||
Common stocks 0.1% (0.1% of Total investments) | $153,047 | ||||
(Cost $500,736) | |||||
Energy 0.0% | 20,798 | ||||
Oil, gas and consumable fuels 0.0% | |||||
Altera Infrastructure LP (G) | 743 | 20,798 | |||
Utilities 0.1% | 132,249 | ||||
Multi-utilities 0.1% | |||||
Algonquin Power & Utilities Corp. | 6,250 | 132,249 | |||
Preferred securities 0.3% (0.1% of Total investments) | $340,665 | ||||
(Cost $394,505) | |||||
Communication services 0.1% | 108,345 | ||||
Wireless telecommunication services 0.1% | |||||
Telephone & Data Systems, Inc., 6.625% (B) | 5,825 | 108,345 |
16 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Shares | Value | ||||
Financials 0.2% | $232,320 | ||||
Banks 0.2% | |||||
Wells Fargo & Company, 7.500% | 192 | 232,320 | |||
Yield (%) | Shares | Value | |||
Short-term investments 2.3% (1.4% of Total investments) | $3,196,853 | ||||
(Cost $3,196,954) | |||||
Short-term funds 2.3% | 3,196,853 | ||||
John Hancock Collateral Trust (H) | 5.3658(I) | 319,637 | 3,196,853 |
Total investments (Cost $238,136,820) 163.7% | $230,639,391 | ||||
Other assets and liabilities, net (63.7%) | (89,717,794) | ||||
Total net assets 100.0% | $140,921,597 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated. | |
^All par values are denominated in U.S. dollars unless otherwise indicated. | |
Security Abbreviations and Legend | |
CME | CME Group Published Rates |
CMT | Constant Maturity Treasury |
IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
LIBOR | London Interbank Offered Rate |
SOFR | Secured Overnight Financing Rate |
(A) | All or a portion of this security is on loan as of 1-31-24, and is a component of the fund’s leverage under the Liquidity Agreement. |
(B) | All or a portion of this security is pledged as collateral pursuant to the Liquidity Agreement. Total collateral value at 1-31-24 was $111,067,976. A portion of the securities pledged as collateral were loaned pursuant to the Liquidity Agreement. The value of securities on loan amounted to $16,493,189. |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $45,250,635 or 32.1% of the fund’s net assets as of 1-31-24. |
(D) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(E) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(F) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(G) | Non-income producing security. |
(H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. |
(I) | The rate shown is the annualized seven-day yield as of 1-31-24. |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST | 17 |
DERIVATIVES
SWAPS
Interest rate swaps | ||||||||||
Counterparty (OTC)/ Centrally cleared | Notional amount | Currency | Payments made | Payments received | Fixed payment frequency | Floating payment frequency | Maturity date | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
Centrally cleared | 25,000,000 | USD | Fixed 4.191% | USD SOFR Compounded OIS(a) | Annual | Quarterly | Jun 2026 | — | $(650,299) | $(650,299) |
Centrally cleared | 25,000,000 | USD | Fixed 3.908% | USD SOFR Compounded OIS(a) | Annual | Quarterly | Jan 2027 | — | (53,122) | (53,122) |
— | $(703,421) | $(703,421) |
(a) | At 1-31-24, the overnight SOFR was 5.320%. |
Derivatives Currency Abbreviations | |
USD | U.S. Dollar |
Derivatives Abbreviations | |
OIS | Overnight Index Swap |
OTC | Over-the-counter |
SOFR | Secured Overnight Financing Rate |
18 | JOHN HANCOCK INCOME SECURITIES TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Notes to Fund’s investments (unaudited) |
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other
disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the
NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC.
In order to value the securities,
the fund uses the following valuation techniques: Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which
takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker
supplied prices. Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades.
In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John
Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Swaps are generally valued using evaluated prices obtained from an independent pricing vendor.
In certain instances, the Pricing
Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for
trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.
Other portfolio securities and
assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the
Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready
market for such securities existed.
The fund uses a three tier hierarchy
to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities,
including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment
speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities
valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor’s assumptions in determining the fair value of investments. Factors used in
determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the
risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
The following is a summary of the
values by input classification of the fund’s investments as of January 31, 2024, by major security category or type:
Total value at 1-31-24 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $111,733,001 | — | $111,733,001 | — |
Corporate bonds | 89,672,744 | — | 89,672,744 | — |
Municipal bonds | 131,276 | — | 131,276 | — |
Collateralized mortgage obligations | 12,610,053 | — | 12,610,053 | — |
Asset backed securities | 12,801,752 | — | 12,801,752 | — |
Common stocks | 153,047 | $132,249 | 20,798 | — |
Preferred securities | 340,665 | 340,665 | — | — |
Short-term investments | 3,196,853 | 3,196,853 | — | — |
Total investments in securities | $230,639,391 | $3,669,767 | $226,969,624 | — |
Derivatives: | ||||
Liabilities | ||||
Swap contracts | $(703,421) | — | $(703,421) | — |
Investment in affiliated underlying
funds. The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund’s fiscal year to date purchases and sales of the
affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:
| | 19 |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
John Hancock Collateral Trust | 319,637 | $6,983,095 | $20,617,343 | $(24,405,330) | $1,781 | $(36) | $34,006 | — | $3,196,853 |
For additional information on the
fund’s significant accounting policies and risks, please refer to the fund’s most recent semiannual or annual shareholder report and prospectus.
20 | | |