JHI - John Hancock Investors Trust

What this means for you

Sit Investment is known for pushing closed-end funds to narrow the gap between price and value. For now it has told the regulator it is not seeking changes.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. Aug 14, 2026

   1607 Capital sold down below 5% and stopped reporting.

   Original document →

2. June 25, 2026

   The fund said it may sell new shares.

   Original document →

3. Jan 30, 2026

   First Trust Portfolios L.P. sold down below 5% and stopped reporting.

   Original document →

4. July 7, 2025

   Sit Investment now owns 5.1%, as a passive investor.

   Original document →

5. June 30, 2025

   The fund said it may sell new shares.

   Original document →

About this fund

• Run by John Hancock Investment Management LLC. Part of the John Hancock Group of Funds fund family. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Size: about $126 million of holdings, as of July 31, 2026. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 41% on top of its own money, as of July 31, 2026. Borrowed money makes gains and losses bigger. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.9% a year in management fees; 4.6% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
  Among the 90 funds we follow that invest in bonds, 30 charge a lower management fee and 73 charge less in total, at their last yearly reports. Both numbers are measured against the fund's own money, not the money it borrows on top, so a fund that borrows more shows higher costs on both counts.
• The fund's own cost example: $1,000 invested costs about $46 in the first year and about $470 over 10 years, assuming the holdings return 5% a year. As of Oct 31, 2025, from the fund's annual report. Original document →
• Payouts: last fiscal year the fund told the regulator that all of what it paid out came from income. Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Value of holdings per share at the last fiscal year end (Oct 31, 2025): $14.84. The shares traded at $13.78, about 7.1% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
  Over the last two years the gap (a "discount" when the price is below the value) ranged from 11.9% below to 3.8% below. As of Oct 31, 2025, from the fund's annual report. Original document →
• How the holdings did: up 1.4% over the last three months we have (May-July 2026), before the share price is taken into account. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 1994.

What a holder made

• The holdings over the last twelve months we have, to July 31, 2026: +3.1%. The quarterly reports carry no share price, so this is the holdings alone; the yearly report, once filed and read, adds what the shares returned. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.

Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.

What the fund holds

Mostly bonds (83%), the rest loans, mortgage bonds and cash and short-term holdings. About 79% issued in the U.S.

1.2% of holdings are in default.

1. Oracle Corporation - 4.7%
2. Discovery Global Holdings Inc 2026 Usd Term Loan B - 3.7%
3. Fannie Mae Pool Fn 07/55 Fixed 5.5 - 3.7%
4. Cash and short-term - 2.8%
5. The Edelman Financial Engines Center LLC, Edelman Financial Center LLC 2026 Term Loan B - 2%
6. Bank of America Corp Jr Subordina 12/99 Var - 2%
7. Barclays PLC Jr Subordina 12/99 8 - 1.8%
8. Bank of Montreal Jr Subordina 05/84 Var - 1.8%
9. HSBC Holdings PLC Jr Subordina 12/99 Var - 1.8%
10. Toronto-Dominion Bank/The Jr Subordina 10/82 Var - 1.7%

As of July 31, 2026, from the fund's quarterly holdings report. Original document →