UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811- 4186
John Hancock Income Securities Trust
(Exact name of registrant as specified in charter)
601 Congress Street, Boston, Massachusetts
02210
(Address of principal executive offices) (Zip code)
Salvatore Schiavone, Treasurer
601 Congress Street
Boston, Massachusetts 02210
(Name and address of agent for service)
Registrant’s telephone number, including area code: 617-663-4497
| Date of fiscal year end: | October 31 | |
| Date of reporting period: | July 31, 2017 |
ITEM 1. SCHEDULE OF INVESTMENTS
John Hancock
Income Securities Trust
Quarterly portfolio holdings
7/31/17
| Fund’s investments |
As of 7-31-17
(unaudited)
| Rate (%) | Maturity date | Par value^ | Value | |||||
| U.S. Government and Agency obligations 17.4% (11.6% of Total investments) | $31,514,339 | |||||||
| (Cost $29,968,218) | ||||||||
| U.S. Government 4.6% | ||||||||
| U.S. Treasury | ||||||||
| Bond (A) | 3.000 | 02-15-47 | 1,793,000 | 1,830,891 | ||||
| Note (A) | 2.000 | 02-15-25 | 3,337,000 | 3,299,849 | ||||
| Note (A) | 2.375 | 05-15-27 | 348,000 | 350,596 | ||||
| Treasury Inflation Protected Security (A) | 0.375 | 07-15-25 | 2,832,758 | 2,829,602 | ||||
| U.S. Government Agency 12.8% | ||||||||
| Federal Home Loan Mortgage Corp. | ||||||||
| 30 Yr Pass Thru | 3.000 | 03-01-43 | 737,861 | 746,364 | ||||
| 30 Yr Pass Thru | 4.500 | 09-01-41 | 1,481,393 | 1,601,521 | ||||
| Federal National Mortgage Association | ||||||||
| 30 Yr Pass Thru | 3.000 | 12-01-42 | 2,580,267 | 2,602,745 | ||||
| 30 Yr Pass Thru | 3.000 | 07-01-43 | 782,259 | 788,585 | ||||
| 30 Yr Pass Thru | 3.500 | 12-01-42 | 3,915,171 | 4,058,808 | ||||
| 30 Yr Pass Thru | 3.500 | 01-01-43 | 2,928,448 | 3,045,951 | ||||
| 30 Yr Pass Thru | 3.500 | 04-01-45 | 1,414,123 | 1,462,910 | ||||
| 30 Yr Pass Thru | 4.000 | 10-01-40 | 311,050 | 331,732 | ||||
| 30 Yr Pass Thru | 4.000 | 09-01-41 | 479,678 | 512,246 | ||||
| 30 Yr Pass Thru | 4.000 | 09-01-41 | 968,815 | 1,025,966 | ||||
| 30 Yr Pass Thru | 4.000 | 09-01-41 | 1,864,069 | 1,977,818 | ||||
| 30 Yr Pass Thru | 4.000 | 10-01-41 | 1,494,438 | 1,588,900 | ||||
| 30 Yr Pass Thru | 4.500 | 07-01-41 | 2,747,649 | 2,967,776 | ||||
| 30 Yr Pass Thru | 5.000 | 04-01-41 | 338,053 | 373,585 | ||||
| 30 Yr Pass Thru | 5.500 | 08-01-40 | 106,454 | 118,494 | ||||
| Foreign government obligations 0.7% (0.5% of Total investments) | $1,283,278 | |||||||
| (Cost $1,161,450) | ||||||||
| Argentina 0.7% | 1,283,278 | |||||||
| Provincia de Buenos Aires | ||||||||
| Bond (B) | 7.875 | 06-15-27 | 390,000 | 398,061 | ||||
| Republic of Argentina | ||||||||
| Bond (A)(C) | 6.875 | 01-26-27 | 155,000 | 159,263 | ||||
| Bond | 7.500 | 04-22-26 | 350,000 | 376,075 | ||||
| Bond (A)(C) | 8.280 | 12-31-33 | 322,469 | 349,879 | ||||
| Corporate bonds 95.0% (63.4% of Total investments) | $172,299,287 | |||||||
| (Cost $167,251,980) | ||||||||
| Consumer discretionary 10.1% | 18,254,786 | |||||||
| Auto components 0.5% | ||||||||
| Lear Corp. (A) | 5.250 | 01-15-25 | 273,000 | 292,478 | ||||
| Nemak SAB de CV (B) | 5.500 | 02-28-23 | 306,000 | 315,180 | ||||
| ZF North America Capital, Inc. (B) | 4.750 | 04-29-25 | 280,000 | 292,950 | ||||
| Automobiles 1.9% | ||||||||
| Daimler Finance North America LLC (A)(B) | 2.200 | 05-05-20 | 260,000 | 260,781 | ||||
| Ford Motor Company (A) | 4.750 | 01-15-43 | 145,000 | 140,512 | ||||
| Ford Motor Credit Company LLC (A) | 5.875 | 08-02-21 | 928,000 | 1,036,521 | ||||
| General Motors Company (A) | 4.875 | 10-02-23 | 507,000 | 547,907 | ||||
| General Motors Company (A) | 6.250 | 10-02-43 | 380,000 | 430,491 | ||||
| General Motors Financial Company, Inc. (A) | 4.000 | 01-15-25 | 560,000 | 565,625 | ||||
| General Motors Financial Company, Inc. (A) | 4.300 | 07-13-25 | 444,000 | 456,247 | ||||
| Diversified consumer services 0.2% | ||||||||
| Laureate Education, Inc. (B) | 8.250 | 05-01-25 | 170,000 | 184,875 | ||||
| Service Corp. International | 5.375 | 05-15-24 | 240,000 | 254,700 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 2 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Consumer discretionary (continued) | ||||||||
| Hotels, restaurants and leisure 1.2% | ||||||||
| CCM Merger, Inc. (B) | 6.000 | 03-15-22 | 195,000 | $204,331 | ||||
| Chester Downs & Marina LLC (B) | 9.250 | 02-01-20 | 280,000 | 288,400 | ||||
| Eldorado Resorts, Inc. | 7.000 | 08-01-23 | 130,000 | 140,400 | ||||
| GLP Capital LP | 5.375 | 04-15-26 | 255,000 | 277,552 | ||||
| Hilton Grand Vacations Borrower LLC (B) | 6.125 | 12-01-24 | 130,000 | 142,188 | ||||
| International Game Technology PLC (B) | 6.500 | 02-15-25 | 225,000 | 248,344 | ||||
| Jacobs Entertainment, Inc. (B) | 7.875 | 02-01-24 | 124,000 | 134,540 | ||||
| Mohegan Gaming & Entertainment (A)(B)(C) | 7.875 | 10-15-24 | 310,000 | 327,438 | ||||
| Seminole Tribe of Florida, Inc. (B) | 6.535 | 10-01-20 | 400,000 | 410,636 | ||||
| Waterford Gaming LLC (B)(D) | 8.625 | 09-15-14 | 99,739 | 0 | ||||
| Household durables 0.2% | ||||||||
| Beazer Homes USA, Inc. | 8.750 | 03-15-22 | 370,000 | 412,946 | ||||
| Internet and direct marketing retail 0.9% | ||||||||
| Expedia, Inc. (A)(C) | 5.000 | 02-15-26 | 705,000 | 777,027 | ||||
| QVC, Inc. | 4.375 | 03-15-23 | 325,000 | 333,798 | ||||
| QVC, Inc. | 5.125 | 07-02-22 | 255,000 | 271,996 | ||||
| QVC, Inc. | 5.450 | 08-15-34 | 315,000 | 307,447 | ||||
| Leisure products 0.2% | ||||||||
| Vista Outdoor, Inc. (A)(C) | 5.875 | 10-01-23 | 255,000 | 261,375 | ||||
| Media 4.4% | ||||||||
| 21st Century Fox America, Inc. | 7.750 | 01-20-24 | 1,020,000 | 1,276,235 | ||||
| Altice Financing SA (A)(B)(C) | 6.625 | 02-15-23 | 375,000 | 397,266 | ||||
| Cengage Learning, Inc. (A)(B)(C) | 9.500 | 06-15-24 | 265,000 | 230,550 | ||||
| Charter Communications Operating LLC | 6.484 | 10-23-45 | 606,000 | 715,308 | ||||
| Clear Channel Worldwide Holdings, Inc. (A)(C) | 6.500 | 11-15-22 | 289,000 | 299,476 | ||||
| Lions Gate Entertainment Corp. (A)(B)(C) | 5.875 | 11-01-24 | 147,000 | 154,350 | ||||
| McGraw-Hill Global Education Holdings LLC (A)(B)(C) | 7.875 | 05-15-24 | 75,000 | 72,000 | ||||
| MDC Partners, Inc. (B) | 6.500 | 05-01-24 | 270,000 | 271,350 | ||||
| Midcontinent Communications (B) | 6.875 | 08-15-23 | 140,000 | 151,746 | ||||
| Myriad International Holdings BV (B) | 5.500 | 07-21-25 | 400,000 | 433,238 | ||||
| Omnicom Group, Inc. (A) | 3.600 | 04-15-26 | 285,000 | 289,241 | ||||
| Sinclair Television Group, Inc. (A)(B)(C) | 5.625 | 08-01-24 | 335,000 | 348,400 | ||||
| Sirius XM Radio, Inc. (A)(B)(C) | 3.875 | 08-01-22 | 102,000 | 104,040 | ||||
| Sirius XM Radio, Inc. (B) | 5.000 | 08-01-27 | 195,000 | 199,169 | ||||
| Sirius XM Radio, Inc. (A)(B)(C) | 5.250 | 08-15-22 | 845,000 | 869,294 | ||||
| Sirius XM Radio, Inc. (A)(B)(C) | 5.375 | 07-15-26 | 375,000 | 393,019 | ||||
| Sirius XM Radio, Inc. (A)(B)(C) | 5.375 | 04-15-25 | 265,000 | 278,250 | ||||
| Time Warner Cable LLC | 8.250 | 04-01-19 | 375,000 | 412,569 | ||||
| Time Warner, Inc. (A) | 3.800 | 02-15-27 | 370,000 | 374,645 | ||||
| Viacom, Inc. (6.250% to 2-28-27, then 3 month LIBOR + 3.899%) | 6.250 | 02-28-57 | 80,000 | 82,091 | ||||
| WMG Acquisition Corp. (B) | 4.875 | 11-01-24 | 165,000 | 169,538 | ||||
| WMG Acquisition Corp. (B) | 6.750 | 04-15-22 | 370,000 | 388,500 | ||||
| Multiline retail 0.2% | ||||||||
| Macy’s Retail Holdings, Inc. (A) | 3.625 | 06-01-24 | 284,000 | 268,888 | ||||
| Specialty retail 0.4% | ||||||||
| L Brands, Inc. | 6.625 | 04-01-21 | 475,000 | 518,938 | ||||
| L Brands, Inc. | 6.875 | 11-01-35 | 250,000 | 240,000 | ||||
| Consumer staples 4.3% | 7,804,525 | |||||||
| Beverages 2.1% | ||||||||
| Anheuser-Busch InBev Finance, Inc. (A) | 4.900 | 02-01-46 | 880,000 | 989,940 | ||||
| Coca-Cola European Partners US LLC (A) | 4.500 | 09-01-21 | 1,000,000 | 1,073,057 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 3 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Consumer staples (continued) | ||||||||
| Beverages (continued) | ||||||||
| Molson Coors Brewing Company (A) | 1.450 | 07-15-19 | 165,000 | $163,545 | ||||
| Molson Coors Brewing Company (A) | 3.000 | 07-15-26 | 390,000 | 379,646 | ||||
| Pernod Ricard SA (A)(B) | 5.750 | 04-07-21 | 1,125,000 | 1,257,293 | ||||
| Food and staples retailing 0.9% | ||||||||
| Alimentation Couche-Tard, Inc. (A)(B) | 2.700 | 07-26-22 | 230,000 | 230,515 | ||||
| CVS Health Corp. (A) | 2.875 | 06-01-26 | 255,000 | 248,472 | ||||
| CVS Health Corp. (A) | 5.125 | 07-20-45 | 510,000 | 586,131 | ||||
| SUPERVALU, Inc. | 7.750 | 11-15-22 | 170,000 | 168,725 | ||||
| Whole Foods Market, Inc. | 5.200 | 12-03-25 | 325,000 | 374,221 | ||||
| Food products 0.9% | ||||||||
| Bunge, Ltd. Finance Corp. (A) | 8.500 | 06-15-19 | 389,000 | 434,075 | ||||
| Kraft Heinz Foods Company (A)(B) | 4.875 | 02-15-25 | 221,000 | 237,954 | ||||
| Kraft Heinz Foods Company (A) | 5.200 | 07-15-45 | 378,000 | 410,425 | ||||
| Mondelez International Holdings Netherlands BV (A)(B) | 1.625 | 10-28-19 | 380,000 | 377,197 | ||||
| Post Holdings, Inc. (B) | 5.750 | 03-01-27 | 175,000 | 185,500 | ||||
| Household products 0.1% | ||||||||
| Kronos Acquisition Holdings, Inc. (B) | 9.000 | 08-15-23 | 214,000 | 215,070 | ||||
| Personal products 0.2% | ||||||||
| Revlon Consumer Products Corp. | 5.750 | 02-15-21 | 190,000 | 157,700 | ||||
| Revlon Consumer Products Corp. (A)(C) | 6.250 | 08-01-24 | 225,000 | 170,859 | ||||
| Tobacco 0.1% | ||||||||
| Vector Group, Ltd. (B) | 6.125 | 02-01-25 | 140,000 | 144,200 | ||||
| Energy 10.9% | 19,714,240 | |||||||
| Energy equipment and services 0.2% | ||||||||
| Antero Midstream Partners LP | 5.375 | 09-15-24 | 275,000 | 283,938 | ||||
| Oil, gas and consumable fuels 10.7% | ||||||||
| Boardwalk Pipelines LP (A) | 4.450 | 07-15-27 | 136,000 | 140,129 | ||||
| Cenovus Energy, Inc. | 4.450 | 09-15-42 | 380,000 | 318,155 | ||||
| Cheniere Corpus Christi Holdings LLC (B) | 5.125 | 06-30-27 | 130,000 | 135,363 | ||||
| Cheniere Corpus Christi Holdings LLC | 5.875 | 03-31-25 | 160,000 | 173,400 | ||||
| Cimarex Energy Company (A) | 4.375 | 06-01-24 | 235,000 | 248,839 | ||||
| Colorado Interstate Gas Company LLC (A)(B) | 4.150 | 08-15-26 | 233,000 | 232,314 | ||||
| Columbia Pipeline Group, Inc. (A) | 4.500 | 06-01-25 | 540,000 | 579,411 | ||||
| Continental Resources, Inc. (A)(C) | 5.000 | 09-15-22 | 548,000 | 543,205 | ||||
| DCP Midstream Operating LP | 2.700 | 04-01-19 | 310,000 | 308,063 | ||||
| DCP Midstream Operating LP (5.850% to 5-21-23, then 3 month LIBOR + | ||||||||
| 3.850%) (B) | 5.850 | 05-21-43 | 370,000 | 344,100 | ||||
| DCP Midstream Operating LP (B) | 9.750 | 03-15-19 | 405,000 | 451,069 | ||||
| Enbridge Energy Partners LP (A) | 4.375 | 10-15-20 | 395,000 | 416,622 | ||||
| Enbridge Energy Partners LP (8.050% to 10-1-17, then 3 month LIBOR + | ||||||||
| 3.797%) | 8.050 | 10-01-77 | 265,000 | 264,338 | ||||
| Enbridge, Inc. (A) | 4.250 | 12-01-26 | 295,000 | 311,613 | ||||
| Energy Transfer LP (A) | 4.200 | 04-15-27 | 130,000 | 130,599 | ||||
| Energy Transfer LP (A) | 5.150 | 03-15-45 | 345,000 | 336,257 | ||||
| Energy Transfer LP (A) | 9.700 | 03-15-19 | 425,000 | 474,212 | ||||
| EnLink Midstream Partners LP | 4.850 | 07-15-26 | 310,000 | 326,442 | ||||
| Enterprise Products Operating LLC (A)(E) | 4.877 | 08-01-66 | 440,000 | 441,760 | ||||
| Gulfport Energy Corp. (B) | 6.000 | 10-15-24 | 80,000 | 79,152 | ||||
| Kerr-McGee Corp. | 6.950 | 07-01-24 | 1,035,000 | 1,225,151 | ||||
| Kinder Morgan Energy Partners LP (A) | 3.500 | 03-01-21 | 500,000 | 512,976 | ||||
| Kinder Morgan Energy Partners LP (A) | 7.750 | 03-15-32 | 195,000 | 250,758 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 4 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Energy (continued) | ||||||||
| Oil, gas and consumable fuels (continued) | ||||||||
| Lukoil International Finance BV (B) | 3.416 | 04-24-18 | 675,000 | $679,388 | ||||
| Newfield Exploration Company (A)(C) | 5.625 | 07-01-24 | 139,000 | 145,776 | ||||
| Newfield Exploration Company (A)(C) | 5.750 | 01-30-22 | 115,000 | 121,469 | ||||
| Nostrum Oil & Gas Finance BV (B) | 8.000 | 07-25-22 | 205,000 | 206,107 | ||||
| ONEOK Partners LP (A) | 5.000 | 09-15-23 | 162,000 | 177,221 | ||||
| Petrobras Global Finance BV | 5.625 | 05-20-43 | 481,000 | 410,413 | ||||
| Petrobras Global Finance BV | 7.375 | 01-17-27 | 545,000 | 590,235 | ||||
| Petro-Canada (A) | 9.250 | 10-15-21 | 1,000,000 | 1,263,647 | ||||
| Petroleos Mexicanos | 4.875 | 01-24-22 | 325,000 | 339,918 | ||||
| Petroleos Mexicanos (B) | 5.375 | 03-13-22 | 85,000 | 90,568 | ||||
| Regency Energy Partners LP (A) | 5.000 | 10-01-22 | 95,000 | 101,978 | ||||
| Regency Energy Partners LP (A) | 5.500 | 04-15-23 | 490,000 | 504,700 | ||||
| Regency Energy Partners LP (A) | 5.875 | 03-01-22 | 90,000 | 99,652 | ||||
| Resolute Energy Corp. | 8.500 | 05-01-20 | 227,000 | 229,270 | ||||
| Sabine Pass Liquefaction LLC (A) | 4.200 | 03-15-28 | 261,000 | 264,705 | ||||
| Sabine Pass Liquefaction LLC (A) | 5.000 | 03-15-27 | 245,000 | 262,358 | ||||
| Sabine Pass Liquefaction LLC (A) | 5.750 | 05-15-24 | 170,000 | 191,127 | ||||
| Shell International Finance BV (A) | 4.375 | 05-11-45 | 725,000 | 771,159 | ||||
| Sunoco Logistics Partners Operations LP | 3.900 | 07-15-26 | 460,000 | 454,144 | ||||
| Sunoco Logistics Partners Operations LP | 4.400 | 04-01-21 | 377,000 | 397,355 | ||||
| Tallgrass Energy Partners LP (B) | 5.500 | 09-15-24 | 130,000 | 133,088 | ||||
| Tapstone Energy LLC (B) | 9.750 | 06-01-22 | 105,000 | 89,775 | ||||
| Teekay Offshore Partners LP (A)(C) | 6.000 | 07-30-19 | 460,000 | 447,350 | ||||
| Tesoro Logistics LP | 5.250 | 01-15-25 | 140,000 | 149,800 | ||||
| Tesoro Logistics LP | 6.125 | 10-15-21 | 400,000 | 414,500 | ||||
| Tesoro Logistics LP | 6.375 | 05-01-24 | 265,000 | 289,513 | ||||
| The Williams Companies, Inc. | 4.550 | 06-24-24 | 525,000 | 544,031 | ||||
| The Williams Companies, Inc. (A)(C) | 5.750 | 06-24-44 | 315,000 | 327,600 | ||||
| Williams Partners LP | 3.750 | 06-15-27 | 355,000 | 355,004 | ||||
| Williams Partners LP | 4.875 | 03-15-24 | 690,000 | 722,898 | ||||
| YPF SA (A)(B)(C) | 8.500 | 07-28-25 | 370,000 | 411,625 | ||||
| Financials 30.1% | 54,635,977 | |||||||
| Banks 16.4% | ||||||||
| ABN AMRO Bank NV (A)(B) | 2.100 | 01-18-19 | 205,000 | 205,858 | ||||
| Australia & New Zealand Banking Group, Ltd. | 2.125 | 08-19-20 | 480,000 | 482,237 | ||||
| Australia & New Zealand Banking Group, Ltd. (6.750% to 6-15-26, then 5 Year | ||||||||
| U.S. ISDAFIX + 5.168%) (A)(B)(C)(F) | 6.750 | 06-15-26 | 200,000 | 223,791 | ||||
| Bank of America Corp. (A) | 3.950 | 04-21-25 | 371,000 | 380,083 | ||||
| Bank of America Corp. (A) | 4.200 | 08-26-24 | 170,000 | 177,852 | ||||
| Bank of America Corp. (A) | 4.250 | 10-22-26 | 315,000 | 328,220 | ||||
| Bank of America Corp. (A) | 4.450 | 03-03-26 | 580,000 | 613,493 | ||||
| Bank of America Corp. (6.300% to 3-10-26, then 3 month LIBOR + | ||||||||
| 4.553%) (A)(C)(F) | 6.300 | 03-10-26 | 610,000 | 690,063 | ||||
| BankUnited, Inc. | 4.875 | 11-17-25 | 455,000 | 475,154 | ||||
| Banque Federative du Credit Mutuel SA (A)(B) | 2.200 | 07-20-20 | 470,000 | 471,072 | ||||
| Barclays Bank PLC (A)(B) | 10.179 | 06-12-21 | 575,000 | 721,032 | ||||
| Barclays PLC (A) | 4.375 | 01-12-26 | 340,000 | 355,977 | ||||
| BPCE SA (A)(B) | 4.500 | 03-15-25 | 475,000 | 492,678 | ||||
| BPCE SA (A)(B) | 5.700 | 10-22-23 | 1,145,000 | 1,282,944 | ||||
| Branch Banking & Trust Company (A) | 2.100 | 01-15-20 | 710,000 | 714,320 | ||||
| Citigroup, Inc. (A) | 2.350 | 08-02-21 | 455,000 | 452,751 | ||||
| Citigroup, Inc. (A) | 4.600 | 03-09-26 | 430,000 | 455,969 | ||||
| Citigroup, Inc. (5.875% to 3-27-20, then 3 month LIBOR + 4.059%) (A)(C)(F) | 5.875 | 03-27-20 | 630,000 | 662,288 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 5 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Financials (continued) | ||||||||
| Banks (continued) | ||||||||
| Citigroup, Inc. (6.250% to 8-15-26, then 3 month LIBOR + 4.517%) (A)(C)(F) | 6.250 | 08-15-26 | 525,000 | $589,785 | ||||
| Citizens Bank NA (A) | 2.200 | 05-26-20 | 440,000 | 440,500 | ||||
| Commerzbank AG (A)(B)(C) | 8.125 | 09-19-23 | 350,000 | 424,981 | ||||
| Cooperatieve Rabobank UA (11.000% to 6-30-19, then 3 month LIBOR + | ||||||||
| 10.868%) (A)(B)(F) | 11.000 | 06-30-19 | 1,000,000 | 1,157,600 | ||||
| Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + | ||||||||
| 4.898%) (B)(F) | 7.875 | 01-23-24 | 600,000 | 676,812 | ||||
| Credit Agricole SA (8.125% to 9-19-18, then 5 Year U.S. Swap Rate + | ||||||||
| 6.283%) (A)(B) | 8.125 | 09-19-33 | 250,000 | 265,800 | ||||
| Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + | ||||||||
| 3.033%) (A)(C)(F) | 5.100 | 06-30-23 | 420,000 | 433,650 | ||||
| HBOS PLC (A)(B) | 6.750 | 05-21-18 | 825,000 | 855,494 | ||||
| HSBC Holdings PLC (6.375% to 9-17-24, then 5 Year U.S. ISDAFIX + | ||||||||
| 3.705%) (A)(F) | 6.375 | 09-17-24 | 200,000 | 213,500 | ||||
| HSBC Holdings PLC (6.875% to 6-1-21, then 5 Year U.S. ISDAFIX + | ||||||||
| 5.514%) (A)(F) | 6.875 | 06-01-21 | 340,000 | 372,878 | ||||
| ING Bank NV (A)(B) | 5.800 | 09-25-23 | 1,000,000 | 1,135,590 | ||||
| JPMorgan Chase & Co. (A) | 3.200 | 06-15-26 | 410,000 | 407,521 | ||||
| JPMorgan Chase & Co. (A) | 4.625 | 05-10-21 | 720,000 | 779,618 | ||||
| JPMorgan Chase & Co. (5.300% to 5-1-20, then 3 month LIBOR + | ||||||||
| 3.800%) (A)(F) | 5.300 | 05-01-20 | 465,000 | 486,623 | ||||
| JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + | ||||||||
| 3.780%) (A)(F) | 6.750 | 02-01-24 | 805,000 | 922,128 | ||||
| Lloyds Banking Group PLC (A) | 4.650 | 03-24-26 | 880,000 | 926,970 | ||||
| Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + | ||||||||
| 4.760%) (F) | 7.500 | 06-27-24 | 385,000 | 428,313 | ||||
| M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) (A)(F) | 5.125 | 11-01-26 | 345,000 | 362,681 | ||||
| Manufacturers & Traders Trust Company (A)(E) | 1.842 | 12-01-21 | 485,000 | 480,156 | ||||
| PNC Bank NA (A) | 2.450 | 07-28-22 | 570,000 | 571,566 | ||||
| Popular, Inc. | 7.000 | 07-01-19 | 260,000 | 274,300 | ||||
| Royal Bank of Scotland Group PLC (A) | 3.875 | 09-12-23 | 335,000 | 343,611 | ||||
| Royal Bank of Scotland Group PLC (8.000% to 8-10-25, then 5 Year U.S. Swap | ||||||||
| Rate + 5.720%) (A)(C)(F) | 8.000 | 08-10-25 | 200,000 | 218,876 | ||||
| Royal Bank of Scotland Group PLC (8.625% to 8-15-21, then 5 Year U.S. Swap | ||||||||
| Rate + 7.598%) (F) | 8.625 | 08-15-21 | 200,000 | 220,876 | ||||
| Santander Holdings USA, Inc. (A) | 2.700 | 05-24-19 | 635,000 | 641,418 | ||||
| Santander UK Group Holdings PLC (B) | 4.750 | 09-15-25 | 365,000 | 381,863 | ||||
| Societe Generale SA (7.375% to 9-13-21, then 5 Year U.S. Swap Rate + | ||||||||
| 6.238%) (A)(B)(C)(F) | 7.375 | 09-13-21 | 340,000 | 371,450 | ||||
| Societe Generale SA (8.000% to 9-29-25, then 5 Year U.S. ISDAFIX + | ||||||||
| 5.873%) (A)(B)(C)(F) | 8.000 | 09-29-25 | 420,000 | 488,355 | ||||
| Societe Generale SA (8.250% to 11-29-18, then 5 Year U.S. Swap Rate + | ||||||||
| 6.394%) (F) | 8.250 | 11-29-18 | 385,000 | 408,539 | ||||
| Standard Chartered PLC (A)(B) | 2.100 | 08-19-19 | 750,000 | 749,348 | ||||
| Sumitomo Mitsui Banking Corp. | 2.450 | 01-10-19 | 598,000 | 603,339 | ||||
| Sumitomo Mitsui Trust Bank, Ltd. (A)(B)(C) | 2.050 | 03-06-19 | 565,000 | 566,209 | ||||
| SunTrust Bank (A) | 2.450 | 08-01-22 | 450,000 | 448,319 | ||||
| Synovus Financial Corp. | 7.875 | 02-15-19 | 255,000 | 276,114 | ||||
| The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR | ||||||||
| + 3.040%) (A)(F) | 4.850 | 06-01-23 | 335,000 | 345,050 | ||||
| The PNC Financial Services Group, Inc. (6.750% to 8-1-21, then 3 month LIBOR | ||||||||
| + 3.678%) (A)(F) | 6.750 | 08-01-21 | 520,000 | 585,000 | ||||
| Wells Fargo & Company (A) | 4.650 | 11-04-44 | 255,000 | 271,725 | ||||
| Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + | ||||||||
| 3.990%) (A)(F) | 5.875 | 06-15-25 | 975,000 | 1,081,031 | ||||
| Wells Fargo & Company, Series K (7.980% to 3-15-18, then 3 month LIBOR + | ||||||||
| 3.770%) (A)(F) | 7.980 | 03-15-18 | 370,000 | 383,413 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 6 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Financials (continued) | ||||||||
| Capital markets 4.4% | ||||||||
| Ares Capital Corp. (A) | 3.875 | 01-15-20 | 430,000 | $439,459 | ||||
| Credit Suisse Group AG (7.500% to 12-11-23, then 5 Year U.S. Swap Rate + | ||||||||
| 4.598%) (A)(B)(C)(F) | 7.500 | 12-11-23 | 295,000 | 335,563 | ||||
| FS Investment Corp. (A) | 4.000 | 07-15-19 | 435,000 | 440,673 | ||||
| FS Investment Corp. (A) | 4.250 | 01-15-20 | 290,000 | 295,849 | ||||
| Jefferies Group LLC (A) | 4.850 | 01-15-27 | 422,000 | 446,919 | ||||
| Jefferies Group LLC (A) | 8.500 | 07-15-19 | 235,000 | 262,370 | ||||
| Macquarie Bank, Ltd. (B) | 4.875 | 06-10-25 | 520,000 | 549,686 | ||||
| Morgan Stanley (A) | 2.450 | 02-01-19 | 255,000 | 257,163 | ||||
| Morgan Stanley (A) | 3.875 | 01-27-26 | 400,000 | 413,679 | ||||
| Morgan Stanley (A) | 5.500 | 01-26-20 | 450,000 | 485,933 | ||||
| Morgan Stanley (A) | 7.300 | 05-13-19 | 895,000 | 977,092 | ||||
| S&P Global, Inc. (A) | 4.000 | 06-15-25 | 495,000 | 522,333 | ||||
| S&P Global, Inc. (A) | 4.400 | 02-15-26 | 340,000 | 367,448 | ||||
| Stifel Financial Corp. | 4.250 | 07-18-24 | 315,000 | 321,864 | ||||
| The Goldman Sachs Group, Inc. (A) | 2.000 | 04-25-19 | 255,000 | 255,675 | ||||
| The Goldman Sachs Group, Inc. (A) | 2.300 | 12-13-19 | 880,000 | 885,102 | ||||
| The Goldman Sachs Group, Inc. (A) | 3.850 | 01-26-27 | 685,000 | 699,119 | ||||
| Consumer finance 3.5% | ||||||||
| Ally Financial, Inc. | 3.250 | 11-05-18 | 325,000 | 329,128 | ||||
| Ally Financial, Inc. (A)(C) | 5.125 | 09-30-24 | 645,000 | 690,150 | ||||
| American Express Company | 2.500 | 08-01-22 | 506,000 | 506,407 | ||||
| Capital One Financial Corp. (A) | 2.450 | 04-24-19 | 275,000 | 277,036 | ||||
| Capital One Financial Corp. (A) | 3.500 | 06-15-23 | 1,100,000 | 1,126,936 | ||||
| Capital One Financial Corp. (A) | 3.750 | 07-28-26 | 570,000 | 559,781 | ||||
| Capital One Financial Corp. (A) | 4.200 | 10-29-25 | 440,000 | 449,696 | ||||
| Credit Acceptance Corp. | 6.125 | 02-15-21 | 395,000 | 404,875 | ||||
| Credito Real SAB de CV (A)(B)(C) | 7.250 | 07-20-23 | 200,000 | 210,500 | ||||
| Discover Bank (A) | 2.600 | 11-13-18 | 510,000 | 514,522 | ||||
| Discover Financial Services | 3.950 | 11-06-24 | 750,000 | 768,496 | ||||
| Discover Financial Services | 5.200 | 04-27-22 | 85,000 | 93,057 | ||||
| Enova International, Inc. | 9.750 | 06-01-21 | 390,000 | 409,500 | ||||
| Diversified financial services 1.3% | ||||||||
| ASP AMC Merger Sub, Inc. (B) | 8.000 | 05-15-25 | 205,000 | 203,206 | ||||
| Doric Nimrod Air Alpha 2013-1 Class B Pass Through Trust (B) | 6.125 | 11-30-21 | 136,681 | 140,946 | ||||
| Exela Intermediate LLC (B) | 10.000 | 07-15-23 | 135,000 | 131,544 | ||||
| Flagstar Bancorp, Inc. | 6.125 | 07-15-21 | 255,000 | 272,584 | ||||
| Ladder Capital Finance Holdings LLLP (B) | 5.250 | 03-15-22 | 95,000 | 97,969 | ||||
| Leucadia National Corp. | 5.500 | 10-18-23 | 655,000 | 705,791 | ||||
| NewStar Financial, Inc. | 7.250 | 05-01-20 | 435,000 | 445,875 | ||||
| Voya Financial, Inc. (5.650% to 5-15-23, then 3 month LIBOR + 3.580%) (A)(C) | 5.650 | 05-15-53 | 419,000 | 449,378 | ||||
| Insurance 3.2% | ||||||||
| Aquarius & Investments PLC (6.375% to 9-1-19, then 5 Year U.S. Swap Rate + | ||||||||
| 5.210%) | 6.375 | 09-01-24 | 435,000 | 461,753 | ||||
| AXA SA (6.379% to 12-14-36, then 3 month LIBOR + 2.256%) (A)(B)(F) | 6.379 | 12-14-36 | 240,000 | 271,500 | ||||
| AXA SA (A) | 8.600 | 12-15-30 | 175,000 | 249,375 | ||||
| Brighthouse Financial, Inc. (A)(B) | 3.700 | 06-22-27 | 595,000 | 589,334 | ||||
| CNO Financial Group, Inc. | 5.250 | 05-30-25 | 450,000 | 478,125 | ||||
| Liberty Mutual Group, Inc. (7.800% to 3-15-37, then 3 month LIBOR | ||||||||
| +3.576%) (B) | 7.800 | 03-07-87 | 705,000 | 884,775 | ||||
| MetLife, Inc. (A) | 6.400 | 12-15-66 | 355,000 | 410,433 | ||||
| MetLife, Inc. (A)(B) | 9.250 | 04-08-68 | 315,000 | 468,169 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 7 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Financials (continued) | ||||||||
| Insurance (continued) | ||||||||
| Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. ISDAFIX | ||||||||
| + 3.650%) (B) | 5.100 | 10-16-44 | 365,000 | $391,463 | ||||
| Prudential Financial, Inc. (5.200% to 3-15-24, then 3 month LIBOR + | ||||||||
| 3.040%) (A) | 5.200 | 03-15-44 | 270,000 | 287,213 | ||||
| Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + | ||||||||
| 4.175%) (A) | 5.875 | 09-15-42 | 267,000 | 297,371 | ||||
| Teachers Insurance & Annuity Association of America (A)(B) | 4.270 | 05-15-47 | 430,000 | 443,781 | ||||
| The Hartford Financial Services Group, Inc. (8.125% to 6-15-18, then 3 month | ||||||||
| LIBOR + 4.603%) (A) | 8.125 | 06-15-68 | 540,000 | 565,650 | ||||
| Thrifts and mortgage finance 1.3% | ||||||||
| MGIC Investment Corp. | 5.750 | 08-15-23 | 99,000 | 107,910 | ||||
| Nationstar Mortgage LLC | 6.500 | 07-01-21 | 295,000 | 302,375 | ||||
| Nationstar Mortgage LLC | 7.875 | 10-01-20 | 340,000 | 348,704 | ||||
| Nationstar Mortgage LLC | 9.625 | 05-01-19 | 295,000 | 304,219 | ||||
| Quicken Loans, Inc. (B) | 5.750 | 05-01-25 | 550,000 | 575,438 | ||||
| Radian Group, Inc. | 5.250 | 06-15-20 | 170,000 | 179,350 | ||||
| Radian Group, Inc. | 7.000 | 03-15-21 | 295,000 | 330,031 | ||||
| Stearns Holdings LLC (B) | 9.375 | 08-15-20 | 164,000 | 168,920 | ||||
| Health care 5.4% | 9,790,396 | |||||||
| Biotechnology 0.8% | ||||||||
| AbbVie, Inc. (A) | 3.600 | 05-14-25 | 420,000 | 433,818 | ||||
| Shire Acquisitions Investments Ireland DAC (A) | 1.900 | 09-23-19 | 485,000 | 484,531 | ||||
| Shire Acquisitions Investments Ireland DAC (A) | 3.200 | 09-23-26 | 625,000 | 615,279 | ||||
| Health care equipment and supplies 0.5% | ||||||||
| Becton, Dickinson and Company (A) | 2.133 | 06-06-19 | 420,000 | 421,824 | ||||
| Zimmer Biomet Holdings, Inc. (A)(C) | 3.550 | 04-01-25 | 435,000 | 440,338 | ||||
| Health care providers and services 2.7% | ||||||||
| Cardinal Health, Inc. (A) | 1.948 | 06-14-19 | 355,000 | 356,478 | ||||
| Community Health Systems, Inc. | 5.125 | 08-01-21 | 280,000 | 281,750 | ||||
| Community Health Systems, Inc. | 8.000 | 11-15-19 | 215,000 | 215,269 | ||||
| DaVita, Inc. (A)(C) | 5.000 | 05-01-25 | 315,000 | 319,662 | ||||
| Express Scripts Holding Company (A) | 4.750 | 11-15-21 | 1,000,000 | 1,094,698 | ||||
| HCA, Inc. (A)(C) | 5.250 | 06-15-26 | 320,000 | 346,300 | ||||
| HCA, Inc. (A)(C) | 5.250 | 04-15-25 | 375,000 | 406,875 | ||||
| HCA, Inc. | 7.500 | 02-15-22 | 300,000 | 346,500 | ||||
| LifePoint Health, Inc. (A)(C) | 5.375 | 05-01-24 | 285,000 | 297,141 | ||||
| MEDNAX, Inc. (B) | 5.250 | 12-01-23 | 260,000 | 267,800 | ||||
| Select Medical Corp. (A)(C) | 6.375 | 06-01-21 | 360,000 | 370,800 | ||||
| Team Health Holdings, Inc. (A)(B)(C) | 6.375 | 02-01-25 | 60,000 | 58,800 | ||||
| Universal Health Services, Inc. (B) | 4.750 | 08-01-22 | 240,000 | 246,600 | ||||
| Universal Health Services, Inc. (B) | 5.000 | 06-01-26 | 309,000 | 321,360 | ||||
| Life sciences tools and services 0.2% | ||||||||
| Quintiles IMS, Inc. (B) | 4.875 | 05-15-23 | 260,000 | 269,750 | ||||
| Pharmaceuticals 1.2% | ||||||||
| Allergan Funding SCS (A) | 3.800 | 03-15-25 | 1,000,000 | 1,041,923 | ||||
| Mylan NV (A) | 2.500 | 06-07-19 | 339,000 | 341,829 | ||||
| Mylan NV (A) | 3.950 | 06-15-26 | 481,000 | 491,852 | ||||
| Valeant Pharmaceuticals International, Inc. (B) | 6.125 | 04-15-25 | 375,000 | 319,219 | ||||
| Industrials 10.8% | 19,522,279 | |||||||
| Aerospace and defense 0.9% | ||||||||
| Engility Corp. | 8.875 | 09-01-24 | 77,000 | 83,545 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 8 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Industrials (continued) | ||||||||
| Aerospace and defense (continued) | ||||||||
| Huntington Ingalls Industries, Inc. (B) | 5.000 | 11-15-25 | 250,000 | $268,750 | ||||
| Huntington Ingalls Industries, Inc. (A)(B)(C) | 5.000 | 12-15-21 | 350,000 | 361,813 | ||||
| Lockheed Martin Corp. (A) | 2.900 | 03-01-25 | 386,000 | 386,313 | ||||
| Lockheed Martin Corp. (A) | 4.700 | 05-15-46 | 295,000 | 331,810 | ||||
| Textron, Inc. (A) | 7.250 | 10-01-19 | 240,000 | 265,921 | ||||
| Air freight and logistics 0.2% | ||||||||
| XPO Logistics, Inc. (A)(B)(C) | 6.500 | 06-15-22 | 425,000 | 441,469 | ||||
| Airlines 4.3% | ||||||||
| Air Canada 2013-1 Class C Pass Through Trust (B) | 6.625 | 05-15-18 | 310,000 | 319,688 | ||||
| America West Airlines 2000-1 Pass Through Trust | 8.057 | 01-02-22 | 73,849 | 83,080 | ||||
| American Airlines 2011-1 Class B Pass Through Trust (B) | 7.000 | 07-31-19 | 468,993 | 480,718 | ||||
| American Airlines 2013-2 Class A Pass Through Trust (A) | 4.950 | 07-15-24 | 335,561 | 360,268 | ||||
| American Airlines 2015-1 Class B Pass Through Trust | 3.700 | 11-01-24 | 508,238 | 504,427 | ||||
| American Airlines 2016-1 Class A Pass Through Trust | 4.100 | 07-15-29 | 180,742 | 188,189 | ||||
| American Airlines 2017-1 Class A Pass Through Trust | 4.000 | 08-15-30 | 195,000 | 203,531 | ||||
| American Airlines 2017-1 Class AA Pass Through Trust (A) | 3.650 | 08-15-30 | 300,000 | 310,260 | ||||
| American Airlines 2017-2 Class A Pass Through Trust | 3.600 | 04-15-31 | 168,000 | 168,000 | ||||
| American Airlines Pass Through Trust 2001-01 | 6.977 | 11-23-22 | 121,304 | 127,369 | ||||
| British Airways 2013-1 Class A Pass Through Trust (A)(B) | 4.625 | 06-20-24 | 535,694 | 575,871 | ||||
| British Airways 2013-1 Class B Pass Through Trust (B) | 5.625 | 12-20-21 | 136,668 | 142,477 | ||||
| Continental Airlines 1997-4 Class A Pass Through Trust | 6.900 | 07-02-19 | 20,136 | 20,337 | ||||
| Continental Airlines 1998-1 Class A Pass Through Trust | 6.648 | 03-15-19 | 7,902 | 7,925 | ||||
| Continental Airlines 1999-1 Class A Pass Through Trust | 6.545 | 08-02-20 | 95,386 | 99,440 | ||||
| Continental Airlines 2000-2 Class B Pass Through Trust | 8.307 | 10-02-19 | 25,465 | 26,547 | ||||
| Continental Airlines 2007-1 Class A Pass Through Trust (A) | 5.983 | 10-19-23 | 416,204 | 455,743 | ||||
| Continental Airlines 2012-1 Class B Pass Through Trust | 6.250 | 10-11-21 | 142,701 | 150,907 | ||||
| Delta Air Lines 2002-1 Class G-1 Pass Through Trust | 6.718 | 07-02-24 | 517,632 | 582,983 | ||||
| Delta Air Lines 2010-1 Class A Pass Through Trust | 6.200 | 01-02-20 | 88,192 | 91,389 | ||||
| Delta Air Lines 2011-1 Class A Pass Through Trust | 5.300 | 10-15-20 | 180,999 | 189,144 | ||||
| Delta Air Lines, Inc. | 3.625 | 03-15-22 | 476,000 | 490,254 | ||||
| Northwest Airlines 2007-1 Class A Pass Through Trust | 7.027 | 05-01-21 | 297,719 | 328,122 | ||||
| United Airlines 2014-2 Class A Pass Through Trust (A) | 3.750 | 03-03-28 | 443,187 | 456,482 | ||||
| United Airlines 2014-2 Class B Pass Through Trust | 4.625 | 03-03-24 | 433,101 | 448,801 | ||||
| United Airlines 2016-1 Class A Pass Through Trust (A) | 3.450 | 01-07-30 | 280,000 | 284,780 | ||||
| US Airways 2010-1 Class A Pass Through Trust | 6.250 | 10-22-24 | 324,702 | 361,231 | ||||
| US Airways 2012-1 Class A Pass Through Trust (A) | 5.900 | 04-01-26 | 247,685 | 278,967 | ||||
| Building products 1.1% | ||||||||
| Builders FirstSource, Inc. (B) | 10.750 | 08-15-23 | 215,000 | 247,788 | ||||
| Masco Corp. | 4.375 | 04-01-26 | 255,000 | 271,863 | ||||
| Masco Corp. | 4.450 | 04-01-25 | 275,000 | 294,297 | ||||
| Owens Corning | 4.200 | 12-15-22 | 1,095,000 | 1,162,784 | ||||
| Commercial services and supplies 0.4% | ||||||||
| LSC Communications, Inc. (B) | 8.750 | 10-15-23 | 290,000 | 304,500 | ||||
| Prime Security Services Borrower LLC (B) | 9.250 | 05-15-23 | 255,000 | 284,644 | ||||
| Tervita Escrow Corp. (B) | 7.625 | 12-01-21 | 60,000 | 60,900 | ||||
| Construction and engineering 0.3% | ||||||||
| AECOM | 5.125 | 03-15-27 | 415,000 | 418,113 | ||||
| Tutor Perini Corp. (A)(B)(C) | 6.875 | 05-01-25 | 88,000 | 94,600 | ||||
| Electrical equipment 0.1% | ||||||||
| EnerSys (B) | 5.000 | 04-30-23 | 95,000 | 97,613 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 9 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Industrials (continued) | ||||||||
| Industrial conglomerates 0.7% | ||||||||
| General Electric Company (5.000% to 1-21-21, then 3 month LIBOR + | ||||||||
| 3.330%) (A)(F) | 5.000 | 01-21-21 | 1,148,000 | $1,210,325 | ||||
| Machinery 0.1% | ||||||||
| Neovia Logistics Services LLC (B) | 8.875 | 08-01-20 | 215,000 | 177,913 | ||||
| Professional services 0.5% | ||||||||
| IHS Markit, Ltd. (B) | 4.750 | 02-15-25 | 110,000 | 115,775 | ||||
| IHS Markit, Ltd. (B) | 5.000 | 11-01-22 | 152,000 | 163,050 | ||||
| Verisk Analytics, Inc. | 4.000 | 06-15-25 | 645,000 | 669,053 | ||||
| Trading companies and distributors 2.2% | ||||||||
| AerCap Global Aviation Trust (6.500% to 6-15-25, then 3 month LIBOR + | ||||||||
| 4.300%) (A)(B)(C) | 6.500 | 06-15-45 | 350,000 | 376,250 | ||||
| AerCap Ireland Capital DAC (A) | 4.625 | 10-30-20 | 435,000 | 463,929 | ||||
| AerCap Ireland Capital DAC (A) | 5.000 | 10-01-21 | 373,000 | 404,154 | ||||
| Ahern Rentals, Inc. (B) | 7.375 | 05-15-23 | 395,000 | 349,575 | ||||
| Air Lease Corp. (A) | 3.375 | 01-15-19 | 170,000 | 173,312 | ||||
| Aircastle, Ltd. | 5.000 | 04-01-23 | 620,000 | 659,680 | ||||
| Aircastle, Ltd. | 5.500 | 02-15-22 | 215,000 | 233,275 | ||||
| Aircastle, Ltd. | 6.250 | 12-01-19 | 195,000 | 210,844 | ||||
| Aircastle, Ltd. | 7.625 | 04-15-20 | 160,000 | 180,200 | ||||
| International Lease Finance Corp. (A) | 5.875 | 04-01-19 | 240,000 | 254,880 | ||||
| International Lease Finance Corp. (A)(B) | 7.125 | 09-01-18 | 290,000 | 306,173 | ||||
| United Rentals North America, Inc. (A)(C) | 5.500 | 07-15-25 | 260,000 | 274,300 | ||||
| United Rentals North America, Inc. (A)(C) | 5.750 | 11-15-24 | 175,000 | 185,938 | ||||
| Information technology 5.9% | 10,694,539 | |||||||
| Communications equipment 0.4% | ||||||||
| Nokia OYJ | 4.375 | 06-12-27 | 150,000 | 154,500 | ||||
| Telefonaktiebolaget LM Ericsson | 4.125 | 05-15-22 | 545,000 | 552,589 | ||||
| Electronic equipment, instruments and components 1.5% | ||||||||
| Arrow Electronics, Inc. (A) | 3.875 | 01-12-28 | 270,000 | 272,308 | ||||
| CDW LLC | 5.000 | 09-01-25 | 47,000 | 49,086 | ||||
| Ingram Micro, Inc. | 5.450 | 12-15-24 | 365,000 | 376,240 | ||||
| Jabil, Inc. | 4.700 | 09-15-22 | 700,000 | 743,050 | ||||
| Keysight Technologies, Inc. (A) | 4.600 | 04-06-27 | 255,000 | 270,327 | ||||
| Tech Data Corp. | 4.950 | 02-15-27 | 601,000 | 635,880 | ||||
| Zebra Technologies Corp. (A)(C) | 7.250 | 10-15-22 | 270,000 | 287,381 | ||||
| Internet software and services 0.5% | ||||||||
| eBay, Inc. (A) | 2.150 | 06-05-20 | 240,000 | 240,787 | ||||
| Match Group, Inc. | 6.375 | 06-01-24 | 260,000 | 283,075 | ||||
| VeriSign, Inc. (B) | 4.750 | 07-15-27 | 145,000 | 147,175 | ||||
| VeriSign, Inc. | 5.250 | 04-01-25 | 270,000 | 287,550 | ||||
| IT services 0.1% | ||||||||
| Sixsigma Networks Mexico SA de CV (B) | 8.250 | 11-07-21 | 200,000 | 201,600 | ||||
| Semiconductors and semiconductor equipment 0.7% | ||||||||
| Micron Technology, Inc. | 5.875 | 02-15-22 | 280,000 | 291,200 | ||||
| Micron Technology, Inc. (A) | 7.500 | 09-15-23 | 250,000 | 278,848 | ||||
| NXP BV (B) | 4.625 | 06-01-23 | 645,000 | 696,716 | ||||
| Software 1.9% | ||||||||
| Activision Blizzard, Inc. (A) | 3.400 | 09-15-26 | 400,000 | 403,075 | ||||
| Activision Blizzard, Inc. (A)(B) | 6.125 | 09-15-23 | 365,000 | 393,470 | ||||
| Autodesk, Inc. (A) | 3.500 | 06-15-27 | 410,000 | 408,034 | ||||
| CA, Inc. (A) | 3.600 | 08-15-22 | 355,000 | 364,297 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 10 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Information technology (continued) | ||||||||
| Software (continued) | ||||||||
| CA, Inc. (A) | 4.700 | 03-15-27 | 281,000 | $294,944 | ||||
| Electronic Arts, Inc. (A) | 4.800 | 03-01-26 | 558,000 | 615,126 | ||||
| j2 Cloud Services LLC (B) | 6.000 | 07-15-25 | 119,000 | 123,909 | ||||
| Microsoft Corp. (A) | 4.450 | 11-03-45 | 535,000 | 593,009 | ||||
| Open Text Corp. (B) | 5.875 | 06-01-26 | 265,000 | 286,863 | ||||
| Technology hardware, storage and peripherals 0.8% | ||||||||
| Dell International LLC (A)(B) | 6.020 | 06-15-26 | 825,000 | 921,235 | ||||
| Dell International LLC (A)(B)(C) | 7.125 | 06-15-24 | 85,000 | 94,594 | ||||
| Dell International LLC (A)(B) | 8.350 | 07-15-46 | 255,000 | 333,846 | ||||
| NCR Corp. | 5.875 | 12-15-21 | 90,000 | 93,825 | ||||
| Materials 2.7% | 5,014,663 | |||||||
| Chemicals 1.4% | ||||||||
| Braskem Finance, Ltd. (B) | 7.000 | 05-07-20 | 515,000 | 556,844 | ||||
| NOVA Chemicals Corp. (B) | 5.000 | 05-01-25 | 535,000 | 537,675 | ||||
| Platform Specialty Products Corp. (B) | 6.500 | 02-01-22 | 535,000 | 555,063 | ||||
| The Chemours Company | 5.375 | 05-15-27 | 67,000 | 70,601 | ||||
| The Chemours Company | 6.625 | 05-15-23 | 456,000 | 489,680 | ||||
| The Sherwin-Williams Company (A) | 2.250 | 05-15-20 | 305,000 | 307,023 | ||||
| Construction materials 0.3% | ||||||||
| Cemex SAB de CV (B) | 6.125 | 05-05-25 | 360,000 | 389,250 | ||||
| U.S. Concrete, Inc. (B) | 6.375 | 06-01-24 | 145,000 | 154,788 | ||||
| Containers and packaging 0.2% | ||||||||
| Ardagh Packaging Finance PLC (B) | 6.000 | 02-15-25 | 215,000 | 229,646 | ||||
| Cascades, Inc. (B) | 5.500 | 07-15-22 | 233,000 | 241,155 | ||||
| Metals and mining 0.6% | ||||||||
| Arconic, Inc. | 5.125 | 10-01-24 | 390,000 | 414,863 | ||||
| Commercial Metals Company | 5.375 | 07-15-27 | 82,000 | 85,485 | ||||
| Novelis Corp. (B) | 5.875 | 09-30-26 | 95,000 | 99,988 | ||||
| Vale Overseas, Ltd. | 6.250 | 08-10-26 | 248,000 | 275,652 | ||||
| Vedanta Resources PLC (A)(B)(C) | 6.375 | 07-30-22 | 240,000 | 249,000 | ||||
| Paper and forest products 0.2% | ||||||||
| Boise Cascade Company (B) | 5.625 | 09-01-24 | 80,000 | 83,200 | ||||
| Norbord, Inc. (B) | 6.250 | 04-15-23 | 255,000 | 274,750 | ||||
| Real estate 3.4% | 6,121,216 | |||||||
| Equity real estate investment trusts 3.4% | ||||||||
| American Tower Corp. (A) | 3.400 | 02-15-19 | 305,000 | 311,802 | ||||
| American Tower Corp. (A) | 3.550 | 07-15-27 | 575,000 | 569,834 | ||||
| American Tower Corp. (A) | 4.700 | 03-15-22 | 400,000 | 435,362 | ||||
| Crown Castle Towers LLC (A)(B) | 4.883 | 08-15-40 | 710,000 | 756,744 | ||||
| Crown Castle Towers LLC (A)(B) | 6.113 | 01-15-40 | 451,000 | 485,334 | ||||
| Equinix, Inc. | 5.375 | 05-15-27 | 205,000 | 221,656 | ||||
| Iron Mountain, Inc. | 5.750 | 08-15-24 | 395,000 | 405,863 | ||||
| Iron Mountain, Inc. | 6.000 | 08-15-23 | 440,000 | 465,300 | ||||
| MPT Operating Partnership LP | 6.375 | 02-15-22 | 320,000 | 330,400 | ||||
| Omega Healthcare Investors, Inc. (A) | 4.500 | 01-15-25 | 295,000 | 301,648 | ||||
| Omega Healthcare Investors, Inc. (A) | 4.950 | 04-01-24 | 350,000 | 366,532 | ||||
| Omega Healthcare Investors, Inc. (A) | 5.250 | 01-15-26 | 180,000 | 191,829 | ||||
| Ventas Realty LP (A) | 3.500 | 02-01-25 | 575,000 | 577,017 | ||||
| VEREIT Operating Partnership LP | 4.600 | 02-06-24 | 523,000 | 548,867 | ||||
| Welltower, Inc. (A) | 3.750 | 03-15-23 | 146,000 | 153,028 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 11 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Telecommunication services 4.7% | $8,517,876 | |||||||
| Diversified telecommunication services 3.4% | ||||||||
| AT&T, Inc. (A) | 3.875 | 08-15-21 | 800,000 | 839,430 | ||||
| AT&T, Inc. | 3.900 | 08-14-27 | 450,000 | 451,152 | ||||
| AT&T, Inc. (A) | 4.750 | 05-15-46 | 287,000 | 276,002 | ||||
| AT&T, Inc. (A) | 5.450 | 03-01-47 | 770,000 | 814,932 | ||||
| Cincinnati Bell, Inc. (B) | 7.000 | 07-15-24 | 235,000 | 237,938 | ||||
| GCI, Inc. | 6.875 | 04-15-25 | 265,000 | 288,188 | ||||
| Liquid Telecommunications Financing PLC (B) | 8.500 | 07-13-22 | 205,000 | 209,160 | ||||
| Radiate Holdco LLC (B) | 6.625 | 02-15-25 | 245,000 | 245,306 | ||||
| Sprint Spectrum Company LLC (A)(B) | 3.360 | 03-20-23 | 260,000 | 263,575 | ||||
| Telecom Italia Capital SA | 7.200 | 07-18-36 | 365,000 | 445,756 | ||||
| Verizon Communications, Inc. (A) | 4.400 | 11-01-34 | 260,000 | 255,423 | ||||
| Verizon Communications, Inc. (A) | 4.672 | 03-15-55 | 295,000 | 272,335 | ||||
| Verizon Communications, Inc. (A) | 4.862 | 08-21-46 | 830,000 | 815,541 | ||||
| Verizon Communications, Inc. (A) | 5.012 | 08-21-54 | 255,000 | 247,841 | ||||
| Wind Acquisition Finance SA (B) | 7.375 | 04-23-21 | 355,000 | 369,591 | ||||
| Zayo Group LLC (B) | 5.750 | 01-15-27 | 125,000 | 132,500 | ||||
| Wireless telecommunication services 1.3% | ||||||||
| CC Holdings GS V LLC (A) | 3.849 | 04-15-23 | 350,000 | 369,066 | ||||
| Digicel Group, Ltd. (B) | 8.250 | 09-30-20 | 385,000 | 369,119 | ||||
| Digicel, Ltd. (A)(B)(C) | 6.750 | 03-01-23 | 295,000 | 282,094 | ||||
| Millicom International Cellular SA (B) | 4.750 | 05-22-20 | 210,000 | 214,988 | ||||
| Millicom International Cellular SA (B) | 6.625 | 10-15-21 | 300,000 | 312,063 | ||||
| MTN Mauritius Investments, Ltd. (B) | 4.755 | 11-11-24 | 225,000 | 216,788 | ||||
| Sprint Capital Corp. (A)(C) | 6.875 | 11-15-28 | 305,000 | 332,450 | ||||
| T-Mobile USA, Inc. | 6.125 | 01-15-22 | 245,000 | 256,638 | ||||
| Utilities 6.7% | 12,228,790 | |||||||
| Electric utilities 3.8% | ||||||||
| Abengoa Transmision Sur SA (B) | 6.875 | 04-30-43 | 249,050 | 272,710 | ||||
| Broadcom Corp. (A)(B) | 2.375 | 01-15-20 | 500,000 | 503,536 | ||||
| Broadcom Corp. (A)(B) | 3.875 | 01-15-27 | 594,000 | 609,834 | ||||
| Duke Energy Corp. (A) | 3.550 | 09-15-21 | 1,000,000 | 1,043,758 | ||||
| Electricite de France SA (A)(B) | 3.625 | 10-13-25 | 260,000 | 268,779 | ||||
| Electricite de France SA (5.250% to 1-29-23, then 10 Year U.S. Swap Rate + | ||||||||
| 3.709%) (A)(B)(C)(F) | 5.250 | 01-29-23 | 485,000 | 501,369 | ||||
| Emera US Finance LP (A) | 3.550 | 06-15-26 | 210,000 | 212,955 | ||||
| Empresa Electrica Angamos SA (B) | 4.875 | 05-25-29 | 360,000 | 367,229 | ||||
| Exelon Generation Company LLC (A) | 4.000 | 10-01-20 | 1,000,000 | 1,045,613 | ||||
| FirstEnergy Corp. (A)(C) | 4.850 | 07-15-47 | 192,000 | 196,682 | ||||
| FPL Energy National Wind LLC (B) | 5.608 | 03-10-24 | 52,946 | 53,137 | ||||
| Israel Electric Corp., Ltd. (B) | 5.625 | 06-21-18 | 420,000 | 432,180 | ||||
| NextEra Energy Capital Holdings, Inc. (A) | 3.550 | 05-01-27 | 490,000 | 505,093 | ||||
| Southern California Edison Company (6.250% to 2-1-22, then 3 month LIBOR + | ||||||||
| 4.199%) (F) | 6.250 | 02-01-22 | 320,000 | 356,800 | ||||
| Southern Power Company (A) | 1.950 | 12-15-19 | 475,000 | 473,125 | ||||
| Gas utilities 0.1% | ||||||||
| AmeriGas Partners LP | 5.500 | 05-20-25 | 183,000 | 184,830 | ||||
| Independent power and renewable electricity producers 1.1% | ||||||||
| Greenko Dutch BV (B) | 4.875 | 07-24-22 | 310,000 | 309,721 | ||||
| NRG Energy, Inc. (A)(C) | 6.250 | 05-01-24 | 585,000 | 606,938 | ||||
| NRG Energy, Inc. (A)(C) | 6.625 | 01-15-27 | 305,000 | 313,388 | ||||
| NRG Yield Operating LLC | 5.375 | 08-15-24 | 760,000 | 794,200 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 12 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Utilities (continued) | ||||||||
| Multi-utilities 1.7% | ||||||||
| Berkshire Hathaway Energy Company (A) | 8.480 | 09-15-28 | 550,000 | $803,247 | ||||
| CMS Energy Corp. (A) | 5.050 | 03-15-22 | 1,000,000 | 1,099,067 | ||||
| Dominion Energy, Inc. (A) | 2.579 | 07-01-20 | 240,000 | 242,319 | ||||
| Dominion Energy, Inc. (A) | 3.625 | 12-01-24 | 1,000,000 | 1,032,280 | ||||
| Convertible bonds 0.2% (0.1% of Total investments) | $288,369 | |||||||
| (Cost $288,335) | ||||||||
| Utilities 0.2% | 288,369 | |||||||
| Independent power and renewable electricity producers 0.2% | ||||||||
| NRG Yield, Inc. (B) | 3.250 | 06-01-20 | 290,000 | 288,369 | ||||
| Capital preferred securities (G) 0.8% (0.5% of Total investments) | $1,383,382 | |||||||
| (Cost $1,291,604) | ||||||||
| Financials 0.8% | 1,383,382 | |||||||
| Banks 0.5% | ||||||||
| BAC Capital Trust XIV, Series G (E)(F) | 4.000 | 08-18-17 | 420,000 | 373,548 | ||||
| Sovereign Capital Trust VI | 7.908 | 06-13-36 | 489,000 | 492,056 | ||||
| Capital markets 0.2% | ||||||||
| State Street Corp. (A)(E) | 2.246 | 06-01-77 | 400,000 | 370,240 | ||||
| Insurance 0.1% | ||||||||
| MetLife Capital Trust IV (7.875% to 12-15-32, then 3 month LIBOR + | ||||||||
| 3.960%) (A)(B) | 7.875 | 12-15-67 | 110,000 | 147,538 | ||||
| Term loans (H) 0.3% (0.2% of Total investments) | $467,756 | |||||||
| (Cost $561,680) | ||||||||
| Financials 0.1% | 151,875 | |||||||
| Capital markets 0.1% | ||||||||
| LSF9 Atlantis Holdings LLC | 7.227 | 05-01-23 | 150,000 | 151,875 | ||||
| Industrials 0.1% | 139,311 | |||||||
| Aerospace and defense 0.1% | ||||||||
| WP CPP Holdings LLC | 4.811 | 12-28-19 | 143,250 | 139,311 | ||||
| Utilities 0.1% | 176,570 | |||||||
| Electric utilities 0.1% | ||||||||
| ExGen Texas Power LLC | 6.046 | 09-16-21 | 272,228 | 176,570 | ||||
| Collateralized mortgage obligations 21.0% (14.0% of Total investments) | $38,138,566 | |||||||
| (Cost $36,446,834) | ||||||||
| Commercial and residential 18.6% | ||||||||
| American Home Mortgage Investment Trust | ||||||||
| Series 2005-1, Class 1A1 (E) | 1.656 | 06-25-45 | 400,663 | 389,876 | ||||
| Americold 2010 LLC | ||||||||
| Series 2010-ARTA, Class D (B) | 7.443 | 01-14-29 | 605,000 | 678,660 | ||||
| BAMLL Commercial Mortgage Securities Trust | ||||||||
| Series 2015-200P, Class F (B)(E) | 3.596 | 04-14-33 | 415,000 | 390,830 | ||||
| BBCMS Trust | ||||||||
| Series 2015-MSQ, Class D (B)(E) | 3.990 | 09-15-32 | 480,000 | 481,124 | ||||
| Series 2015-SLP, Class C (B)(E) | 3.159 | 02-15-28 | 215,000 | 213,091 | ||||
| Bear Stearns Adjustable Rate Mortgage Trust | ||||||||
| Series 2005-1, Class B2 (E) | 3.382 | 03-25-35 | 49,557 | 33,273 | ||||
| Series 2005-2, Class A1 (E) | 3.260 | 03-25-35 | 206,044 | 207,964 | ||||
| Bear Stearns ALT-A Trust | ||||||||
| Series 2005-5, Class 1A4 (E) | 1.792 | 07-25-35 | 207,197 | 199,486 | ||||
| Series 2005-7, Class 11A1 (E) | 1.772 | 08-25-35 | 387,866 | 375,174 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 13 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Commercial and residential (continued) | ||||||||
| BHMS Mortgage Trust | ||||||||
| Series 2014-ATLS, Class DFL (B)(E) | 4.076 | 07-05-33 | 620,000 | $624,502 | ||||
| BWAY Mortgage Trust | ||||||||
| Series 2013-1515, Class F (B)(E) | 3.927 | 03-10-33 | 595,000 | 581,809 | ||||
| Series 2015-1740, Class D (B)(E) | 3.787 | 01-10-35 | 370,000 | 368,695 | ||||
| Series 2015-1740, Class XA IO (B) | 0.896 | 01-10-35 | 6,885,000 | 271,170 | ||||
| BXHTL Mortgage Trust | ||||||||
| Series 2015-JWRZ, Class DR2 (B)(E) | 4.915 | 05-15-29 | 445,000 | 451,967 | ||||
| Series 2015-JWRZ, Class GL2 (B)(E) | 4.914 | 05-15-29 | 410,000 | 414,978 | ||||
| BXP Trust 2017-GM | ||||||||
| Series 2017-GM, Class D (B)(E) | 3.425 | 06-13-39 | 395,000 | 380,698 | ||||
| CD Commercial Mortgage Trust (Citigroup/Deutsche Bank AG) | ||||||||
| Series 2017-CD3, Class C (E) | 4.563 | 02-10-50 | 435,000 | 462,312 | ||||
| CGBAM Commercial Mortgage Trust | ||||||||
| Series 2015-SMRT, Class F (B)(E) | 3.786 | 04-10-28 | 325,000 | 320,702 | ||||
| CGDB Commercial Mortgage Trust | ||||||||
| Series 2017-BIO, Class E (B)(E) | 3.726 | 05-15-30 | 100,000 | 100,284 | ||||
| CGGS Commercial Mortgage Trust | ||||||||
| Series 2016-RNDA, Class DFX (B) | 4.387 | 02-10-33 | 563,578 | 570,555 | ||||
| CLNS Trust | ||||||||
| Series 2017-IKPR, Class C (B)(E) | 2.326 | 06-11-32 | 160,000 | 160,652 | ||||
| Cold Storage Trust | ||||||||
| Series 2017-ICE3, Class D (B)(E) | 3.326 | 04-15-36 | 355,000 | 357,663 | ||||
| Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | ||||||||
| Series 2013-CR6, Class XA IO | 1.348 | 03-10-46 | 3,774,942 | 124,086 | ||||
| Series 2015-CR27, Class B (E) | 4.361 | 10-10-48 | 235,000 | 247,595 | ||||
| Commercial Mortgage Trust (Deutsche Bank AG) | ||||||||
| Series 2012-CR3, Class XA IO | 2.059 | 10-15-45 | 3,241,817 | 226,769 | ||||
| Series 2013-300P, Class D (B)(E) | 4.394 | 08-10-30 | 620,000 | 648,546 | ||||
| Series 2013-CR11, Class B (E) | 5.160 | 08-10-50 | 895,000 | 980,309 | ||||
| Series 2013-CR13, Class C (E) | 4.747 | 12-10-23 | 435,000 | 457,554 | ||||
| Series 2014-FL4, Class D (B)(E) | 2.764 | 07-13-31 | 600,000 | 595,311 | ||||
| Series 2014-TWC, Class D (B)(E) | 3.474 | 02-13-32 | 445,000 | 446,805 | ||||
| Commercial Mortgage Trust (Deutsche Bank AG/Morgan Stanley) | ||||||||
| Series 2014-PAT, Class D (B)(E) | 3.139 | 08-13-27 | 775,000 | 776,273 | ||||
| Commercial Mortgage Trust (Deutsche Bank) | ||||||||
| Series 2012-LC4, Class B (E) | 4.934 | 12-10-44 | 360,000 | 384,553 | ||||
| Commercial Mortgage Trust (Wells Fargo) | ||||||||
| Series 2012-CR2, Class XA IO | 1.678 | 08-15-45 | 1,938,289 | 131,803 | ||||
| Series 2014-CR16, Class C (E) | 4.902 | 04-10-47 | 552,000 | 565,246 | ||||
| Core Industrial Trust | ||||||||
| Series 2015-CALW, Class F (B)(E) | 3.850 | 02-10-34 | 360,000 | 362,122 | ||||
| DBJPM Mortgage Trust | ||||||||
| Series 2016-C3, Class C (E) | 3.494 | 09-10-49 | 130,000 | 126,601 | ||||
| Series 2017-C6, Class C (E) | 4.174 | 06-10-50 | 235,000 | 241,280 | ||||
| Deutsche Mortgage Securities, Inc. Mortgage Loan Trust | ||||||||
| Series 2004-4, Class 2AR1 (E) | 1.772 | 06-25-34 | 224,500 | 219,506 | ||||
| GAHR Commercial Mortgage Trust | ||||||||
| Series 2015-NRF, Class DFX (B)(E) | 3.382 | 12-15-34 | 345,000 | 350,088 | ||||
| Series 2015-NRF, Class EFX (B)(E) | 3.382 | 12-15-34 | 495,000 | 496,112 | ||||
| Great Wolf Trust | ||||||||
| Series 2015-WOLF, Class D (B)(E) | 4.659 | 05-15-34 | 520,000 | 520,646 | ||||
| GS Mortgage Securities Trust | ||||||||
| Series 2012-GC17, Class XA IO | 2.231 | 05-10-45 | 5,536,003 | 384,753 | ||||
| Series 2014-NEW, Class C (B) | 3.790 | 01-10-31 | 165,000 | 165,834 | ||||
| Series 2016-RENT, Class D (B)(E) | 4.067 | 02-10-29 | 420,000 | 433,319 | ||||
| Series 2017-485L, Class C (B)(E) | 3.982 | 02-10-37 | 240,000 | 249,800 | ||||
| Series 2017-GS5, Class C (E) | 4.299 | 03-10-50 | 190,000 | 194,053 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 14 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Commercial and residential (continued) | ||||||||
| GS Mortgage Securities Trust | ||||||||
| Series 2017-GS6, Class C (E) | 4.322 | 05-10-50 | 185,000 | $191,136 | ||||
| HarborView Mortgage Loan Trust | ||||||||
| Series 2005-2, Class IX IO | 1.321 | 05-19-35 | 4,647,110 | 235,761 | ||||
| Series 2005-9, Class 2A1C (E) | 1.678 | 06-20-35 | 462,639 | 454,117 | ||||
| Series 2007-3, Class ES IO (B) | 0.350 | 05-19-47 | 6,328,654 | 97,025 | ||||
| Series 2007-4, Class ES IO | 0.350 | 07-19-47 | 6,689,337 | 95,310 | ||||
| Series 2007-6, Class ES IO (B) | 0.343 | 08-19-37 | 5,353,559 | 67,043 | ||||
| HILT Mortgage Trust | ||||||||
| Series 2014-ORL, Class D (B)(E) | 3.376 | 07-15-29 | 310,000 | 306,145 | ||||
| Hilton USA Trust | ||||||||
| Series 2016-HHV, Class D (B)(E) | 4.194 | 11-05-38 | 285,000 | 282,456 | ||||
| Hudsons Bay Simon JV Trust | ||||||||
| Series 2015-HBFL, Class DFL (B)(E) | 4.726 | 08-05-34 | 305,000 | 303,463 | ||||
| IMT Trust | ||||||||
| Series 2017-APTS, Class CFX (B)(E) | 3.614 | 06-15-34 | 190,000 | 190,141 | ||||
| IndyMac Index Mortgage Loan Trust | ||||||||
| Series 2005-AR12, Class AX2 IO | 1.783 | 07-25-35 | 4,698,081 | 311,674 | ||||
| Series 2005-AR8, Class AX2 IO | 1.544 | 05-25-35 | 4,809,398 | 275,046 | ||||
| Series 2005-AR18, Class 1X IO | 1.660 | 10-25-36 | 6,046,192 | 398,930 | ||||
| Series 2005-AR18, Class 2X IO | 1.450 | 10-25-36 | 5,460,851 | 202,932 | ||||
| JPMBB Commercial Mortgage Securities Trust | ||||||||
| Series 2014-C19, Class C (E) | 4.665 | 04-15-47 | 725,000 | 753,331 | ||||
| JPMorgan Chase Commercial Mortgage Securities Trust | ||||||||
| Series 2012-HSBC, Class XA IO (B) | 1.431 | 07-05-32 | 2,815,000 | 173,117 | ||||
| Series 2014-FL5, Class C (B)(E) | 3.259 | 07-15-31 | 1,030,000 | 1,018,650 | ||||
| Series 2014-PHH, Class C (B)(E) | 3.259 | 08-15-27 | 760,000 | 759,990 | ||||
| Series 2015-MAR7, Class C (B) | 4.490 | 06-05-32 | 480,000 | 492,236 | ||||
| Series 2015-SGP, Class B (B)(E) | 3.976 | 07-15-36 | 360,000 | 363,379 | ||||
| Series 2016-JP3, Class C (E) | 3.482 | 08-15-49 | 183,000 | 175,506 | ||||
| MAD Mortgage Trust | ||||||||
| Series 2017-330M, Class D (B)(E) | 4.108 | 08-15-34 | 245,000 | 247,450 | ||||
| MASTR Alternative Loan Trust | ||||||||
| Series 2005-2, Class 4A3 (E) | 1.616 | 03-25-35 | 155,598 | 149,036 | ||||
| Merrill Lynch Mortgage Investors Trust | ||||||||
| Series 2005-2, Class 1A (E) | 2.665 | 10-25-35 | 296,870 | 297,096 | ||||
| Morgan Stanley Bank of America Merrill Lynch Trust | ||||||||
| Series 2013-C7, Class C (E) | 4.143 | 02-15-46 | 293,000 | 291,139 | ||||
| Series 2014-C18, Class 300D | 5.279 | 08-15-31 | 380,000 | 399,917 | ||||
| Morgan Stanley Capital I Trust | ||||||||
| Series 2014-150E, Class D (B)(E) | 4.295 | 09-09-32 | 1,050,000 | 1,082,484 | ||||
| MortgageIT Trust | ||||||||
| Series 2005-2, Class 1A2 (E) | 1.892 | 05-25-35 | 207,434 | 198,452 | ||||
| MSCG Trust | ||||||||
| Series 2016-SNR, Class D (B) | 6.550 | 11-15-34 | 465,000 | 463,976 | ||||
| MSDB Trust | ||||||||
| Series 2017-712F, Class C (B)(E) | 3.749 | 07-11-39 | 60,000 | 60,778 | ||||
| Olympic Tower Mortgage Trust | ||||||||
| Series 2017-OT, Class D (B)(E) | 3.945 | 05-10-39 | 325,000 | 326,832 | ||||
| One Market Plaza Trust | ||||||||
| Series 2017-1MKT, Class D (B) | 4.146 | 02-10-32 | 190,000 | 194,673 | ||||
| Opteum Mortgage Acceptance Corp. Asset Backed Pass Through Certificates | ||||||||
| Series 2005-3, Class APT (E) | 1.522 | 07-25-35 | 210,774 | 208,347 | ||||
| TMSQ Mortgage Trust | ||||||||
| Series 2011-1500, Class D (B)(E) | 3.963 | 10-10-36 | 340,000 | 332,861 | ||||
| UBS Commercial Mortgage Trust | ||||||||
| Series 2012-C1, Class B | 4.822 | 05-10-45 | 405,000 | 442,664 | ||||
| UBS-Barclays Commercial Mortgage Trust | ||||||||
| Series 2012-C2, Class XA IO (B) | 1.383 | 05-10-63 | 3,706,024 | 196,351 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 15 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Commercial and residential (continued) | ||||||||
| VNDO Mortgage Trust | ||||||||
| Series 2013-PENN, Class D (B)(E) | 3.947 | 12-13-29 | 612,000 | $628,630 | ||||
| VNDO Trust | ||||||||
| Series 2016-350P, Class D (B)(E) | 3.903 | 01-10-35 | 455,000 | 449,573 | ||||
| WaMu Mortgage Pass Through Certificates | ||||||||
| Series 2005-AR8, Class 2AB2 (E) | 1.652 | 07-25-45 | 398,665 | 388,764 | ||||
| Wells Fargo Commercial Mortgage Trust | ||||||||
| Series 2013-120B, Class C (B)(E) | 2.710 | 03-18-28 | 935,000 | 929,542 | ||||
| Series 2013-BTC, Class E (B)(E) | 3.550 | 04-16-35 | 620,000 | 566,463 | ||||
| Series 2015-LC22, Class B (E) | 4.541 | 09-15-58 | 295,000 | 317,489 | ||||
| Series 2017-RB1, Class C (E) | 4.311 | 03-15-50 | 235,000 | 241,735 | ||||
| WF-RBS Commercial Mortgage Trust | ||||||||
| Series 2012-C9, Class XA IO (B) | 2.071 | 11-15-45 | 4,506,700 | 326,904 | ||||
| Series 2013-C15, Class B (E) | 4.479 | 08-15-46 | 155,000 | 165,233 | ||||
| Series 2013-C16, Class B (E) | 4.980 | 09-15-46 | 265,000 | 289,551 | ||||
| U.S. Government Agency 2.4% | ||||||||
| Federal Home Loan Mortgage Corp. | ||||||||
| Series 2015-DNA1, Class M2 (E) | 3.082 | 10-25-27 | 380,000 | 390,968 | ||||
| Series 2016-DNA3, Class M2 (E) | 3.232 | 12-25-28 | 280,000 | 287,481 | ||||
| Series K005, Class AX IO | 1.354 | 11-25-19 | 2,270,687 | 62,707 | ||||
| Series K017, Class X1 IO | 1.358 | 12-25-21 | 2,728,274 | 132,526 | ||||
| Series K018, Class X1 IO | 1.381 | 01-25-22 | 3,457,768 | 170,740 | ||||
| Series K021, Class X1 IO | 1.472 | 06-25-22 | 952,924 | 56,532 | ||||
| Series K022, Class X1 IO | 1.259 | 07-25-22 | 8,772,219 | 448,550 | ||||
| Series K707, Class X1 IO | 1.521 | 12-25-18 | 2,295,939 | 36,006 | ||||
| Series K709, Class X1 IO | 1.510 | 03-25-19 | 3,148,084 | 62,187 | ||||
| Series K710, Class X1 IO | 1.741 | 05-25-19 | 3,328,910 | 79,836 | ||||
| Series K718, Class X1 IO | 0.645 | 01-25-22 | 16,581,596 | 408,987 | ||||
| Government National Mortgage Association | ||||||||
| Series 2012-114, Class IO | 0.816 | 01-16-53 | 1,576,662 | 85,437 | ||||
| Series 2016-142, Class IO | 0.998 | 09-16-58 | 1,520,444 | 126,939 | ||||
| Series 2016-162, Class IO | 0.996 | 09-16-58 | 3,304,950 | 271,279 | ||||
| Series 2016-174, Class IO | 0.901 | 11-16-56 | 2,147,547 | 176,160 | ||||
| Series 2016-87, Class IO | 1.007 | 08-16-58 | 2,039,092 | 154,184 | ||||
| Series 2017-109, Class IO | 0.612 | 04-16-57 | 2,620,000 | 166,983 | ||||
| Series 2017-20, Class IO | 0.749 | 12-16-58 | 4,085,739 | 283,621 | ||||
| Series 2017-22, Class IO | 1.047 | 12-16-57 | 1,455,591 | 140,240 | ||||
| Series 2017-3, Class IO | 0.907 | 09-16-58 | 3,801,305 | 294,673 | ||||
| Series 2017-46, Class IO | 0.619 | 11-16-57 | 3,092,667 | 208,139 | ||||
| Series 2017-61, Class IO | 0.766 | 05-16-59 | 1,840,384 | 156,950 | ||||
| Series 2017-74, Class IO | 0.781 | 09-16-58 | 3,403,413 | 229,684 | ||||
| Asset backed securities 10.7% (7.2% of Total investments) | $19,415,461 | |||||||
| (Cost $18,971,017) | ||||||||
| ACE Securities Corp. Home Equity Loan Trust | ||||||||
| Series 2005-HE3, Class M2 (E) | 1.907 | 05-25-35 | 205,692 | 205,430 | ||||
| Aegis Asset Backed Securities Trust | ||||||||
| Series 2005-4, Class M1 (E) | 1.682 | 10-25-35 | 825,000 | 817,391 | ||||
| Ameriquest Mortgage Securities, Inc. | ||||||||
| Series 2005-R3, Class M2 (E) | 1.702 | 05-25-35 | 480,000 | 476,100 | ||||
| Applebee’s Funding LLC | ||||||||
| Series 2014-1, Class A2 (B) | 4.277 | 09-05-44 | 1,000,000 | 984,632 | ||||
| Arby’s Funding LLC | ||||||||
| Series 2015-1A, Class A2 (B) | 4.969 | 10-30-45 | 628,800 | 646,054 | ||||
| Argent Securities, Inc. | ||||||||
| Series 2003-W10, Class M1 (E) | 2.312 | 01-25-34 | 214,738 | 209,774 | ||||
| Series 2004-W6, Class M1 (E) | 2.057 | 05-25-34 | 103,315 | 100,305 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 16 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| BMW Vehicle Owner Trust | ||||||||
| Series 2016-A, Class A4 | 1.370 | 12-27-22 | 325,000 | $321,474 | ||||
| Capital One Multi-Asset Execution Trust | ||||||||
| Series 2017-A1, Class A1 | 2.000 | 01-17-23 | 1,050,000 | 1,055,485 | ||||
| Chrysler Capital Auto Receivables Trust | ||||||||
| Series 2016-BA, Class A4 (B) | 1.870 | 02-15-22 | 260,000 | 258,879 | ||||
| CKE Restaurant Holdings, Inc. | ||||||||
| Series 2013-1A, Class A2 (B) | 4.474 | 03-20-43 | 1,016,881 | 1,015,774 | ||||
| Coinstar Funding LLC | ||||||||
| Series 2017-1A, Class A2 (B) | 5.216 | 04-25-47 | 379,050 | 388,061 | ||||
| ContiMortgage Home Equity Loan Trust | ||||||||
| Series 1995-2, Class A5 | 8.100 | 08-15-25 | 21,066 | 15,282 | ||||
| Countrywide Asset-Backed Certificates Trust | ||||||||
| Series 2004-10, Class AF5B (E) | 4.933 | 02-25-35 | 271,556 | 271,619 | ||||
| CSMC Trust | ||||||||
| Series 2006-CF2, Class M1 (B)(E) | 1.702 | 05-25-36 | 171,494 | 171,206 | ||||
| DB Master Finance LLC | ||||||||
| Series 2015-1A, Class A2II (B) | 3.980 | 02-20-45 | 483,863 | 496,133 | ||||
| Domino’s Pizza Master Issuer LLC | ||||||||
| Series 2017-1A, Class A23 (B) | 4.118 | 07-25-47 | 585,000 | 590,230 | ||||
| Driven Brands Funding LLC | ||||||||
| Series 2015-1A, Class A2 (B) | 5.216 | 07-20-45 | 447,038 | 445,397 | ||||
| FOCUS Brands Funding LLC | ||||||||
| Series 2017-1A, Class A2I (B) | 3.857 | 04-30-47 | 144,638 | 146,769 | ||||
| Ford Credit Auto Owner Trust | ||||||||
| Series 2016-C, Class A4 | 1.400 | 02-15-22 | 290,000 | 286,968 | ||||
| Series 2017-B, Class A4 | 1.870 | 09-15-22 | 127,000 | 126,869 | ||||
| GSAA Home Equity Trust | ||||||||
| Series 2005-11, Class 3A1 (E) | 1.486 | 10-25-35 | 224,510 | 220,683 | ||||
| Home Equity Asset Trust | ||||||||
| Series 2005-3, Class M4 (E) | 1.856 | 08-25-35 | 235,000 | 231,590 | ||||
| Honda Auto Receivables Owner Trust | ||||||||
| Series 2017-2, Class A4 | 1.870 | 09-15-23 | 140,000 | 140,038 | ||||
| Merrill Lynch Mortgage Investors Trust | ||||||||
| Series 2005-WMC1, Class M1 (E) | 1.982 | 09-25-35 | 256,559 | 240,373 | ||||
| MVW Owner Trust | ||||||||
| Series 2014-1A, Class A (B) | 2.250 | 09-22-31 | 90,030 | 89,455 | ||||
| New Century Home Equity Loan Trust | ||||||||
| Series 2005-1, Class M1 (E) | 1.907 | 03-25-35 | 425,000 | 413,803 | ||||
| RAAC Series Trust | ||||||||
| Series 2006-SP4, Class M1 (E) | 1.556 | 11-25-36 | 175,000 | 168,160 | ||||
| Saxon Asset Securities Trust | ||||||||
| Series 2006-2, Class A3C (E) | 1.366 | 09-25-36 | 425,797 | 414,926 | ||||
| Sonic Capital LLC | ||||||||
| Series 2016-1A, Class A2 (B) | 4.472 | 05-20-46 | 223,688 | 223,808 | ||||
| Specialty Underwriting & Residential Finance Trust | ||||||||
| Series 2006-BC 1, Class A2D (E) | 1.532 | 12-25-36 | 828,685 | 826,100 | ||||
| Structured Asset Securities Corp. Trust | ||||||||
| Series 2005-AR1, Class M1 (E) | 1.662 | 09-25-35 | 187,480 | 186,950 | ||||
| Synchrony Credit Card Master Note Trust | ||||||||
| Series 2016-1, Class A | 2.040 | 03-15-22 | 395,000 | 396,817 | ||||
| Taco Bell Funding LLC | ||||||||
| Series 2016-1A, Class A2I (B) | 3.832 | 05-25-46 | 511,138 | 524,402 | ||||
| Towd Point Mortgage Trust | ||||||||
| Series 2016-5, Class A1 (B)(E) | 2.500 | 10-25-56 | 556,287 | 557,297 | ||||
| Series 2017-2, Class A1 (B)(E) | 2.750 | 04-25-57 | 149,079 | 150,513 | ||||
| Towd Point Mortgage Trust | ||||||||
| Series 2015-2, Class 1M2 (B)(E) | 3.492 | 11-25-60 | 300,000 | 312,876 | ||||
| Toyota Auto Receivables Owner Trust | ||||||||
| Series 2017-C, Class A4 | 2.280 | 12-15-22 | 335,000 | 334,946 | ||||
| Verizon Owner Trust | ||||||||
| Series 2016-2A, Class A (B) | 1.680 | 05-20-21 | 710,000 | 708,359 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 17 |
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Series 2017-1A, Class A (B) | 2.060 | 09-20-21 | 810,000 | $813,362 | ||||
| Wendys Funding LLC | ||||||||
| Series 2015-1A, Class A2I (B) | 3.371 | 06-15-45 | 1,783,238 | 1,801,016 | ||||
| Westgate Resorts LLC | ||||||||
| Series 2014-1A, Class A (B) | 2.150 | 12-20-26 | 336,068 | 335,332 | ||||
| Series 2014-1A, Class B (B) | 3.250 | 12-20-26 | 224,626 | 225,353 | ||||
| Series 2015-1A, Class A (B) | 2.750 | 05-20-27 | 163,381 | 163,731 | ||||
| Series 2015-2A, Class B (B) | 4.000 | 07-20-28 | 237,007 | 238,698 | ||||
| Series 2016-1A, Class A (B) | 3.500 | 12-20-28 | 208,219 | 210,225 | ||||
| Series 2017-1A, Class A (B) | 3.050 | 12-20-30 | 295,730 | 296,857 | ||||
| World Omni Auto Receivables Trust | ||||||||
| Series 2017-B, Class A3 | 2.150 | 02-15-23 | 160,000 | 159,959 | ||||
| Shares | Value | |||||||
| Common stocks 0.2% (0.2% of Total investments) | $452,240 | |||||||
| (Cost $515,695) | ||||||||
| Energy 0.2% | 452,240 | |||||||
| Oil, gas and consumable fuels 0.2% | ||||||||
| Royal Dutch Shell PLC, ADR, Class A | 8,000 | $452,240 | ||||||
| Preferred securities (I) 1.8% (1.2% of Total investments) | $3,199,357 | |||||||
| (Cost $3,064,493) | ||||||||
| Consumer staples 0.3% | 577,344 | |||||||
| Food and staples retailing 0.3% | ||||||||
| Ocean Spray Cranberries, Inc., 6.250% (B) | 6,250 | 577,344 | ||||||
| Financials 0.5% | 918,232 | |||||||
| Banks 0.1% | ||||||||
| Wells Fargo & Company, Series L, 7.500% | 192 | 254,880 | ||||||
| Diversified financial services 0.4% | ||||||||
| GMAC Capital Trust I, 6.967% (E) | 24,985 | 663,352 | ||||||
| Real estate 0.5% | 789,748 | |||||||
| Equity real estate investment trusts 0.5% | ||||||||
| Crown Castle International Corp., Series A, 6.875% (A)(C) | 740 | 789,748 | ||||||
| Utilities 0.5% | 914,033 | |||||||
| Multi-utilities 0.5% | ||||||||
| Dominion Energy, Inc., 6.750% | 13,140 | 669,877 | ||||||
| DTE Energy Company, 6.500% | 4,475 | 244,156 | ||||||
| Rate (%) | Maturity date | Par value^ | Value | |||||
| Escrow certificates 0.0% (0.0% of Total investments) | $153 | |||||||
| (Cost $0) | ||||||||
| Materials 0.0% | 153 | |||||||
| Containers and packaging 0.0% | ||||||||
| Smurfit-Stone Container Corp. (J) | 8.000 | 03-15-17 | 245,000 | 153 | ||||
| Yield* (%) | Maturity date | Par value^ | Value | |||||
| Short-term investments 1.7% (1.1% of Total investments) | $3,106,000 | |||||||
| (Cost $3,106,000) | ||||||||
| U.S. Government Agency 1.5% | 2,774,000 | |||||||
| Federal Agricultural Mortgage Corp. Discount Note | 0.800 | 08-01-17 | 555,000 | 555,000 | ||||
| Federal Home Loan Bank Discount Note | 0.500 | 08-01-17 | 925,000 | 925,000 | ||||
| Federal Home Loan Bank Discount Note | 0.700 | 08-01-17 | 1,294,000 | 1,294,000 |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 18 |
| Par value^ | Value | ||||
| Repurchase agreement 0.2% | 332,000 | ||||
| Repurchase Agreement with State Street Corp. dated 7-31-17 at 0.340% to be | |||||
| repurchased at $332,003 on 8-1-17, collateralized by $335,000 U.S. Treasury | |||||
| Notes, 2.125% due 2-29-24 (valued at $339,296, including interest) | 332,000 | 332,000 | |||
| Total investments (Cost $262,627,306)† 149.8% | $271,548,188 | ||||
| Other assets and liabilities, net (49.8%) | (90,223,776 | ) | |||
| Total net assets 100.0% | $181,324,412 |
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | ||
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | ||
| Security Abbreviations and Legend | ||
| ADR | American Depositary Receipt | |
| IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. | |
| ISDAFIX | International Swaps and Derivatives Association Fixed Interest Rate Swap Rate | |
| LIBOR | London Interbank Offered Rate | |
| (A) | All or a portion of this security is pledged as collateral pursuant to the Liquidity Agreement. Total collateral value at 7-31-17 was $112,307,287. A portion of the securities pledged as collateral were loaned pursuant to the Liquidity Agreement. The value of securities on loan amounted to $17,047,335. | |
| (B) | 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 $83,820,009 or 46.2% of the fund’s net assets as of 7-31-17. | |
| (C) | A portion of this security is on loan as of 7-31-17, and is a component of the fund’s leverage under the Liquidity Agreement. | |
| (D) | Non-income producing - Issuer is in default. | |
| (E) | Variable rate obligation. The coupon rate shown represents the rate at period end. | |
| (F) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. | |
| (G) | Includes hybrid securities with characteristics of both equity and debt that trade with, and pay, interest income. | |
| (H) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. | |
| (I) | Includes preferred stocks and hybrid securities with characteristics of both equity and debt that pay dividends on a periodic basis. | |
| (J) | Non-income producing security. | |
| * | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. | |
| † | At 7-31-17, the aggregate cost of investment securities for federal income tax purposes was $264,383,031. Net unrealized appreciation aggregated to $7,165,157, of which $9,907,906 related to appreciated investment securities and $2,742,749 related to depreciated investment securities. | |
The fund had the following country composition as a percentage of total investments on 7-31-17:
| United States | 84.4% | |
| France | 2.7% | |
| United Kingdom | 2.6% | |
| Netherlands | 2.5% | |
| Canada | 1.5% | |
| Luxembourg | 1.0% | |
| Ireland | 1.0% | |
| Other countries | 4.3% | |
| TOTAL | 100.0% |
| SEE NOTES TO FUND'S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK INCOME SECURITIES TRUST 19 |
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 fund's Valuation Policies and Procedures.
In order to value the securities, the fund uses the following valuation techniques: Debt obligations are valued based on the evaluated prices provided by an independent pricing vendor or from broker-dealers. 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 held by the fund 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.
In certain instances, the Pricing Committee 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 fund's Pricing Committee following procedures established 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. 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 fund's own 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 July 31, 2017, by major security category or type:
| Total value at 7-31-17 |
Level 1 quoted price |
Level 2 significant observable inputs |
Level 3 significant unobservable inputs |
|
| U.S. Government and Agency obligations | $31,514,339 | — | $31,514,339 | — |
| Foreign government obligations | 1,283,278 | — | 1,283,278 | — |
| Corporate bonds | 172,299,287 | — | 172,299,287 | — |
| Convertible bonds | 288,369 | — | 288,369 | — |
| Capital preferred securities | 1,383,382 | — | 1,383,382 | — |
| Term loans | 467,756 | — | 467,756 | — |
| Collateralized mortgage obligations | 38,138,566 | — | 38,138,566 | — |
| Asset backed securities | 19,415,461 | — | 19,415,461 | — |
| Common stocks | 452,240 | $452,240 | — | — |
| Preferred securities | 3,199,357 | 2,622,013 | 577,344 | — |
| Escrow certificates | 153 | — | — | $153 |
| Short-term investments | 3,106,000 | — | 3,106,000 | — |
| Total investments in securities | $271,548,188 | $3,074,253 | $268,473,782 | $153 |
Repurchase agreements. The fund may enter into repurchase agreements. When the fund enters into a repurchase agreement, it receives collateral that is held in a segregated account the fund's custodian. The collateral amount is marked-to-market and monitored on a daily basis to ensure that the collateral held is in an amount not less than the principal amount of the repurchase agreement plus any accrued interest. Collateral received by the fund for repurchase agreements is disclosed in the Fund's investments as part of the caption related to the repurchase agreement.
Repurchase agreements are typically governed by the terms and conditions of the Master Repurchase Agreement and/or Global Master Repurchase Agreement (collectively, MRA). Upon an event of default, the non-defaulting party may close out all transactions traded under the MRA and net amounts owed. Absent an event of default, assets and liabilities resulting from repurchase agreements are not offset. In the event of a default by the counterparty, realization of the collateral proceeds could be delayed, during which time the collateral value may decline or the counterparty may have insufficient assets to pay back claims resulting from close-out of the transactions.
Stripped securities. Stripped securities are financial instruments structured to separate principal and interest cash flows so that one class receives principal payments from the underlying assets (PO or principal only), while the other class receives the interest cash flows (IO or interest only). Both PO and IO investments represent an interest in the cash flows of an underlying stripped security. If the underlying assets experience greater than anticipated prepayments of principal, the fund may fail to
20
fully recover its initial investment in an IO security. The market value of these securities can be extremely volatile in response to changes in interest rates or prepayments on the underlying securities. In addition, these securities present additional credit risk such that the fund may not receive all or part of its principal or interest payments because the borrower or issuer has defaulted on its obligation.
For additional information on the fund's significant accounting policies, please refer to the fund's most recent semiannual or annual shareholder report.
21
More information
| How to contact us | ||
| Internet | www.jhinvestments.com | |
| Computershare P.O. Box 30170 College Station, TX 77842-3170 |
||
| Phone | Customer service representatives Portfolio commentary 24-hour automated information TDD line |
800-852-0218 800-344-7054 800-843-0090 800-231-5469 |
| P6Q3 | 07/17 | |
| This report is for the information of the shareholders of John Hancock Income Securities Trust. | 9/17 |
ITEM 2. CONTROLS AND PROCEDURES.
(a) Based upon their evaluation of the registrant’s disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-Q, the registrant’s principal executive officer and principal accounting officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.
(b) There were no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.
ITEM 3. EXHIBITS.
Separate certifications for the registrant’s principal executive officer and principal accounting officer, as required by Rule 30a-2(a) under the Investment Company Act of 1940, are attached.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
John Hancock Income Securities Trust
| By: | /s/ Andrew G. Arnott | |
| Andrew G. Arnott | ||
| President |
| Date: | September 13, 2017 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By: | /s/ Andrew G. Arnott | |
| Andrew G. Arnott | ||
| President |
| Date: | September 13, 2017 |
| By: | /s/ Charles A. Rizzo | |
| Charles A. Rizzo | ||
| Chief Financial Officer |
| Date: | September 13, 2017 |