John Hancock Income Securities Closed Fund (JHS) - Net Assets
Based on the latest financial reports, John Hancock Income Securities Closed Fund (JHS) has net assets worth $144.99 Million USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($238.78 Million) and total liabilities ($93.79 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $144.99 Million |
| % of Total Assets | 60.72% |
| Annual Growth Rate | -3.04% |
| 5-Year Change | -21.7% |
| 10-Year Change | -19.7% |
| Growth Volatility | 20.43 |
John Hancock Income Securities Closed Fund - Net Assets Trend (2006–2025)
This chart illustrates how John Hancock Income Securities Closed Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for John Hancock Income Securities Closed Fund (2006–2025)
The table below shows the annual net assets of John Hancock Income Securities Closed Fund from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $144.99 Million | +2.75% |
| 2024-10-31 | $141.11 Million | +10.56% |
| 2023-10-31 | $127.63 Million | -3.44% |
| 2022-10-31 | $132.19 Million | -28.61% |
| 2021-10-31 | $185.16 Million | -0.33% |
| 2020-10-31 | $185.77 Million | +2.44% |
| 2019-10-31 | $181.35 Million | +9.49% |
| 2018-10-31 | $165.63 Million | -8.68% |
| 2017-10-31 | $181.37 Million | +0.46% |
| 2016-10-31 | $180.55 Million | +2.36% |
| 2015-10-31 | $176.39 Million | -5.15% |
| 2014-10-31 | $185.96 Million | +3.00% |
| 2013-10-31 | $180.54 Million | -2.83% |
| 2012-10-31 | $185.79 Million | +52.96% |
| 2008-10-31 | $121.46 Million | -52.16% |
| 2007-10-31 | $253.87 Million | -2.62% |
| 2006-10-31 | $260.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to John Hancock Income Securities Closed Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2288733500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $175.07 Million | 120.75% |
| Total Equity | $144.99 Million | 100.00% |
John Hancock Income Securities Closed Fund Competitors by Market Cap
The table below lists competitors of John Hancock Income Securities Closed Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Novem Group S.A.
XETRA:NVM
|
$129.52 Million |
|
Ditas Dogan Yedek Parca Imalat ve Teknik AS
IS:DITAS
|
$129.53 Million |
|
EKF Diagnostics Holdings plc
PINK:EKDHF
|
$129.58 Million |
|
CPI Card Group Inc
NASDAQ:PMTS
|
$129.59 Million |
|
Oramed Pharmaceuticals Inc
NASDAQ:ORMP
|
$129.51 Million |
|
NeOnc Technologies Holdings, Inc. Common Stock
NASDAQ:NTHI
|
$129.51 Million |
|
eWork Group AB
ST:EWRK
|
$129.48 Million |
|
Mitrabara Adiperdana PT
JK:MBAP
|
$129.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in John Hancock Income Securities Closed Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 141,112,612 to 144,988,165, a change of 3,875,553 (2.7%).
- Net income of 11,085,955 contributed positively to equity growth.
- Dividend payments of 7,210,402 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.09 Million | +7.65% |
| Dividends Paid | $7.21 Million | -4.97% |
| Total Change | $- | 2.75% |
Book Value vs Market Value Analysis
This analysis compares John Hancock Income Securities Closed Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.70x to 0.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-10-31 | $15.88 | $11.12 | x |
| 2013-10-31 | $15.37 | $11.12 | x |
| 2014-10-31 | $15.84 | $11.12 | x |
| 2015-10-31 | $15.14 | $11.12 | x |
| 2016-10-31 | $15.49 | $11.12 | x |
| 2017-10-31 | $15.60 | $11.12 | x |
| 2018-10-31 | $14.18 | $11.12 | x |
| 2019-10-31 | $15.57 | $11.12 | x |
| 2020-10-31 | $15.95 | $11.12 | x |
| 2021-10-31 | $15.90 | $11.12 | x |
| 2022-10-31 | $11.35 | $11.12 | x |
| 2023-10-31 | $10.96 | $11.12 | x |
| 2024-10-31 | $12.12 | $11.12 | x |
| 2025-10-31 | $12.42 | $11.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently John Hancock Income Securities Closed Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 105.71%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.65x
- Recent ROE (7.65%) is above the historical average (1.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.28% | 75.81% | 0.07x | 1.00x | $-12.30 Million |
| 2007 | 2.91% | 43.29% | 0.07x | 1.02x | $-17.99 Million |
| 2008 | -26.80% | -222.43% | 0.08x | 1.50x | $-44.70 Million |
| 2012 | 14.66% | 185.14% | 0.05x | 1.50x | $8.67 Million |
| 2013 | 3.38% | 46.50% | 0.05x | 1.52x | $-11.96 Million |
| 2014 | 8.93% | 132.82% | 0.04x | 1.50x | $-1.99 Million |
| 2015 | 1.29% | 18.70% | 0.05x | 1.53x | $-15.37 Million |
| 2016 | 7.75% | 116.73% | 0.04x | 1.51x | $-4.06 Million |
| 2017 | 5.70% | 96.61% | 0.04x | 1.61x | $-7.79 Million |
| 2018 | -4.30% | 0.00% | -0.03x | 1.56x | $-23.69 Million |
| 2019 | 12.95% | 98.68% | 0.09x | 1.54x | $5.34 Million |
| 2020 | 7.09% | 97.65% | 0.05x | 1.50x | $-5.41 Million |
| 2021 | 5.22% | 96.69% | 0.03x | 1.56x | $-8.85 Million |
| 2022 | -31.97% | 0.00% | -0.17x | 1.83x | $-55.48 Million |
| 2023 | 0.21% | 44.12% | 0.00x | 1.81x | $-12.49 Million |
| 2024 | 13.40% | 98.58% | 0.08x | 1.66x | $4.80 Million |
| 2025 | 7.65% | 105.71% | 0.04x | 1.65x | $-3.41 Million |
Industry Comparison
This section compares John Hancock Income Securities Closed Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $360,357,982
- Average return on equity (ROE) among peers: -8.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| John Hancock Income Securities Closed Fund (JHS) | $144.99 Million | 5.28% | 0.65x | $129.51 Million |
| Aberdeen International Inc (AABVF) | $9.11 Million | -20.89% | 0.42x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $171.30 Million | 2.45% | 7.71x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $381.33 Million | 35.01% | 0.36x | $3.46 Billion |
| VIVO Cannabis Inc (ABCCF) | $161.66 Million | 18.03% | 0.16x | $148.26 Million |
| Associated Capital Group Inc (AC) | $913.08 Million | 4.10% | 0.03x | $78.56 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $441.58 Million | -2.00% | 0.15x | $265.69 Million |
| AGF Management Limited (AGFMF) | $908.07 Million | 4.67% | 0.50x | $298.43 Million |
| Agronomics Limited (AGNMF) | $1.90 Million | -11.10% | 0.01x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $10.54 Million | -122.10% | 1.07x | $194.14 Million |
About John Hancock Income Securities Closed Fund
John Hancock Income Securities Trust is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years. The fund benchmarks the performance of its portfo… Read more