BOSTON, Sept. 2 /PRNewswire-FirstCall/ -- John Hancock Income Securities
Trust (NYSE: JHS) declared its quarterly distribution today as follows:
Declaration Date: September 2, 2008
Ex Date: September 12, 2008
Record Date: September 16, 2008
Payment Date: September 30, 2008
Dividend Amount: $0.29850
This dividend equates to an annualized yield of 9.77 percent, based on the
fund's closing market price as of August 29, 2008.
John Hancock Income Securities Trust is a diversified, closed-end fund.
The Fund's investment objective is to generate a high level of current income
consistent with prudent investment risk. The Fund invests primarily in a
diversified portfolio of freely marketable debt securities issued by U.S. and
foreign corporations and governments. Under normal circumstances the Fund
will invest at least 80% of net assets in income securities. The Fund may
also invest up to 20% of its total assets in income-producing preferred and
common stocks.
About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial
Services, John Hancock Funds manages more than $54.8 billion in open-end
funds, closed-end funds, private accounts, retirement plans and related party
assets for individual and institutional investors at June 30, 2008. John
Hancock Funds are distributed by John Hancock Funds, LLC, member FINRA. For
more information, please visit www.jhfunds.com.
John Hancock Financial Services is a unit of Manulife Financial
Corporation, a leading Canadian-based financial services group serving
millions of customers in 19 countries and territories worldwide. Operating as
Manulife Financial in Canada and Asia, and primarily through John Hancock in
the United States, the company offers clients a diverse range of financial
protection products and wealth management services through its extensive
network of employees, agents and distribution partners. Funds under management
by Manulife Financial and its subsidiaries were Cdn$400 billion (US$393
billion) at June 30, 2008. Manulife Financial Corporation trades as 'MFC' on
the TSX, NYSE and PSE, and under '0945' on the SEHK. Manulife Financial may be
found on the Internet at www.manulife.com.
SOURCE John Hancock Advisers, LLC
Kimberley Dietrich, +1-617-663-4217, or Investors: +1-800-843-0090, both of
John Hancock
