John Hancock Income Securities Trust (JHS)

Competitors to John Hancock Income Securities Trust (JHS)

BlackRock Income Trust 

BlackRock Income Trust competes with John Hancock Income Securities Trust by offering a diverse range of income-focused investment products that aim to provide attractive yields to investors. Both trusts focus on investing in fixed-income securities, but BlackRock benefits from its extensive global reach and diversified portfolio management capabilities. Its strong brand recognition and resources place it in a favorable position within the market, allowing for economies of scale in investment management.

FT Cboe Vest Fund of Deep Buffer ETFs 

FT Cboe Vest Fund of Deep Buffer ETFs presents a unique alternative to traditional income trusts such as John Hancock Income Securities Trust. By employing innovative options-based strategies, it aims to provide income while mitigating downside risk. This approach allows them to appeal to investors looking for capital preservation alongside income generation, providing a distinct value proposition that differentiates it from more conventional income funds.

Invesco High Income Fund 

Invesco High Income Fund offers competition to John Hancock through its focus on high-yield bonds and income-generating equity securities. With a large asset management platform and experienced team, Invesco has a compelling proposition for risk-tolerant investors seeking higher income. Their strong distribution network and brand recognition enhance their competitive position compared to John Hancock, making them a formidable competitor in the space.

Nuveen Tax-Advantaged Dividend Growth Fund 

Nuveen Tax-Advantaged Dividend Growth Fund competes with John Hancock by targeting income-seeking investors who desire tax-efficient dividends. Nuveen's fund emphasizes tax-advantaged strategies, which appeals to investors in higher tax brackets. Additionally, the firm’s long-standing reputation in the investment community enhances its appeal. While both funds target income investors, Nuveen's tax strategy provides a distinct competitive edge.

Pioneer Diversified High Income Fund 

Pioneer Diversified High Income Fund competes directly with John Hancock Income Securities Trust by also focusing on a diversified portfolio of income-generating assets. However, Pioneer's unique approach to high-yield bonds and flexible allocation strategies allows it to cater to investors who are willing to accept a higher risk for potentially greater returns. This flexibility can attract investors looking for aggressive income opportunities, making Pioneer a notable competitor.