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, 2015

 

 

ITEM 1. SCHEDULE OF INVESTMENTS

 

 



John Hancock

Income Securities Trust


Quarterly portfolio holdings 7/31/15

jhnq_logo.jpg 

Fund's investments Income Securities Trust



                                                           
  As of 7-31-15 (unaudited)  
        Rate (% )    Maturity date     Par value^     Value  
  Corporate bonds 81.5% (54.7% of Total investments)     $147,284,622  
  (Cost $146,432,402)  
  Consumer discretionary 9.1%     16,409,157  
  Auto components 1.0%  
  Dana Holding Corp. (Z)     6.000     09-15-23           395,000     406,850  
  Delphi Corp. (Z)     5.000     02-15-23           890,000     943,400  
  Stackpole International Intermediate Company SA (S)(Z)     7.750     10-15-21           245,000     234,588  
  ZF North America Capital, Inc. (S)     4.750     04-29-25           280,000     273,700  
  Automobiles 2.5%  
  Ford Motor Company (Z)     4.750     01-15-43           145,000     142,715  
  Ford Motor Credit Company LLC (Z)     5.875     08-02-21           1,348,000     1,519,737  
  General Motors Company (Z)     4.875     10-02-23           650,000     667,105  
  General Motors Company (Z)     6.250     10-02-43           380,000     416,097  
  General Motors Financial Company, Inc. (Z)     3.450     04-10-22           430,000     414,779  
  General Motors Financial Company, Inc. (Z)     4.000     01-15-25           550,000     529,619  
  General Motors Financial Company, Inc. (Z)     4.375     09-25-21           315,000     322,946  
  Nissan Motor Acceptance Corp. (S)(Z)     1.950     09-12-17           490,000     494,429  
  Hotels, restaurants and leisure 1.0%  
  CCM Merger, Inc. (S)(Z)     9.125     05-01-19           380,000     410,400  
  Eldorado Resorts, Inc. (S)     7.000     08-01-23           130,000     130,325  
  International Game Technology PLC (S)     6.500     02-15-25           225,000     215,719  
  MGM Resorts International (Z)     6.000     03-15-23           455,000     462,963  
  Seminole Tribe of Florida, Inc. (S)(Z)     6.535     10-01-20           575,000     612,375  
  Waterford Gaming LLC (H)(S)     8.625     09-15-49           99,739     0  
  Household durables 0.2%  
  Argos Merger Sub, Inc. (S)(Z)     7.125     03-15-23           120,000     126,900  
  Harman International Industries, Inc.     4.150     05-15-25           170,000     169,234  
  Internet and catalog retail 0.8%  
  Amazon.com, Inc. (Z)     4.950     12-05-44           515,000     517,348  
  QVC, Inc. (Z)     4.375     03-15-23           325,000     319,740  
  QVC, Inc. (Z)     5.125     07-02-22           255,000     263,271  
  QVC, Inc. (Z)     5.450     08-15-34           315,000     290,821  
  Media 2.5%  
  21st Century Fox America, Inc.     6.150     03-01-37           165,000     192,279  
  21st Century Fox America, Inc. (Z)     6.400     12-15-35           150,000     178,998  
  21st Century Fox America, Inc.     7.750     01-20-24           1,020,000     1,287,053  
  Altice Financing SA (S)(Z)     6.625     02-15-23           200,000     206,000  
  AMC Entertainment, Inc. (Z)     5.875     02-15-22           390,000     398,775  
  Carmike Cinemas, Inc. (S)     6.000     06-15-23           150,000     153,000  
  Clear Channel Worldwide Holdings, Inc.     6.500     11-15-22           260,000     271,050  
  Myriad International Holdings BV (S)     5.500     07-21-25           200,000     203,000  
  Scripps Networks Interactive, Inc.     3.950     06-15-25           425,000     418,162  
  Sirius XM Radio, Inc. (S)(Z)     5.250     08-15-22           845,000     888,306  
  Time Warner Cable, Inc. (Z)     8.250     04-01-19           350,000     411,660  
  Multiline retail 0.5%  
  Dollar Tree, Inc. (S)(Z)     5.750     03-01-23           225,000     237,375  
  Macy's Retail Holdings, Inc. (Z)     7.875     08-15-36           444,000     471,675  
  Tops Holding II Corp.     8.750     06-15-18           140,000     137,550  
  Specialty retail 0.4%  
  AutoNation, Inc. (Z)     5.500     02-01-20           655,000     715,588  

2SEE NOTES TO FUND'S INVESTMENTS

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Consumer discretionary  (continued)        
  Textiles, apparel and luxury goods 0.2%  
  Hot Topic, Inc. (S)(Z)     9.250     06-15-21           345,000     $353,625  
  Consumer staples 3.8%     6,938,409  
  Beverages 1.6%  
  Coca-Cola Enterprises, Inc.     4.500     09-01-21           1,000,000     1,102,246  
  Constellation Brands, Inc. (Z)     4.250     05-01-23           355,000     355,000  
  Constellation Brands, Inc. (Z)     4.750     11-15-24           180,000     183,600  
  Pernod-Ricard SA (S)(Z)     5.750     04-07-21           1,125,000     1,270,843  
  Food and staples retailing 0.5%  
  CVS Health Corp.     5.125     07-20-45           465,000     494,259  
  Rite Aid Corp. (S)     6.125     04-01-23           65,000     67,519  
  Tops Holding LLC (S)     8.000     06-15-22           395,000     392,038  
  Food products 0.9%  
  Bunge, Ltd. Finance Corp. (Z)     8.500     06-15-19           389,000     470,166  
  Kraft Heinz Foods Company (S)     2.000     07-02-18           480,000     481,227  
  Kraft Heinz Foods Company (S)     4.875     02-15-25           258,000     276,383  
  Kraft Heinz Foods Company (S)     5.200     07-15-45           320,000     336,894  
  Personal products 0.1%  
  Prestige Brands, Inc. (S)(Z)     5.375     12-15-21           165,000     166,650  
  Tobacco 0.7%  
  Alliance One International, Inc. (Z)     9.875     07-15-21           820,000     719,550  
  Reynolds American, Inc.     4.450     06-12-25           335,000     344,484  
  Vector Group, Ltd. (Z)     7.750     02-15-21           260,000     277,550  
  Energy 10.2%     18,381,491  
  Energy equipment and services 1.2%  
  CSI Compressco LP     7.250     08-15-22           235,000     221,488  
  Nostrum Oil & Gas Finance BV (S)(Z)     6.375     02-14-19           345,000     302,738  
  Rowan Companies, Inc. (Z)     4.875     06-01-22           330,000     316,816  
  SESI LLC (Z)     7.125     12-15-21           576,000     599,040  
  Teine Energy, Ltd. (S)(Z)     6.875     09-30-22           245,000     227,850  
  TerraForm Power Operating LLC (S)(Z)     5.875     02-01-23           410,000     413,846  
  Oil, gas and consumable fuels 9.0%  
  California Resources Corp.     6.000     11-15-24           330,000     262,350  
  Chesapeake Energy Corp. (Z)     5.750     03-15-23           485,000     409,825  
  Cimarex Energy Company (Z)     4.375     06-01-24           515,000     498,263  
  CNOOC Finance 2013, Ltd. (Z)     3.000     05-09-23           420,000     397,921  
  Continental Resources, Inc.     3.800     06-01-24           65,000     57,407  
  Continental Resources, Inc. (Z)     5.000     09-15-22           1,295,000     1,233,488  
  DCP Midstream LLC (S)     9.750     03-15-19           405,000     457,836  
  DCP Midstream LLC (5.850% to 5-21-23, then 3 month LIBOR + 3.850%) (S)(Z)     5.850     05-21-43           370,000     279,350  
  DCP Midstream Operating LP (Z)     3.875     03-15-23           225,000     190,161  
  Ecopetrol SA (Z)     5.875     09-18-23           190,000     196,650  
  Energy Transfer Partners LP (Z)     5.150     03-15-45           345,000     303,286  
  Energy Transfer Partners LP (Z)     9.700     03-15-19           425,000     516,336  
  Enterprise Products Operating LLC (7.000% to 6-1-17, then 3 month LIBOR + 2.777%) (Z)     7.000     06-01-67           695,000     681,100  
  Enterprise Products Operating LLC (8.375% to 8-1-16, then 3 month LIBOR + 3.708%) (Z)     8.375     08-01-66           440,000     448,800  
  EP Energy LLC (Z)     7.750     09-01-22           195,000     194,513  
  Freeport-McMoran Oil & Gas LLC (Z)     6.750     02-01-22           458,000     452,275  

SEE NOTES TO FUND'S INVESTMENTS3

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Energy  (continued)        
  Oil, gas and consumable fuels  (continued)  
  Freeport-McMoran Oil & Gas LLC (Z)     6.875     02-15-23           656,000     $642,880  
  FTS International, Inc.     6.250     05-01-22           175,000     117,250  
  Jones Energy Holdings LLC (Z)     6.750     04-01-22           150,000     136,500  
  Kerr-McGee Corp. (Z)     6.950     07-01-24           1,035,000     1,241,698  
  Kinder Morgan Energy Partners LP     3.500     03-01-21           500,000     484,924  
  Kinder Morgan Energy Partners LP (Z)     7.750     03-15-32           195,000     218,898  
  Kinder Morgan, Inc. (Z)     5.550     06-01-45           355,000     323,209  
  Kosmos Energy, Ltd. (S)(Z)     7.875     08-01-21           220,000     203,500  
  Lukoil International Finance BV (S)(Z)     3.416     04-24-18           675,000     649,069  
  MarkWest Energy Partners LP (Z)     4.875     12-01-24           160,000     156,000  
  MPLX LP (Z)     4.000     02-15-25           150,000     142,753  
  Newfield Exploration Company (Z)     5.750     01-30-22           260,000     257,400  
  Pacific Rubiales Energy Corp. (S)     5.375     01-26-19           335,000     237,850  
  Petro-Canada (Z)     9.250     10-15-21           1,000,000     1,328,678  
  Petroleos Mexicanos (S)(Z)     4.250     01-15-25           125,000     121,750  
  Petroleos Mexicanos (Z)     4.875     01-24-22           275,000     285,588  
  Regency Energy Partners LP (Z)     5.000     10-01-22           95,000     95,244  
  Regency Energy Partners LP (Z)     5.500     04-15-23           480,000     481,200  
  Regency Energy Partners LP (Z)     5.875     03-01-22           90,000     95,405  
  Shell International Finance BV     4.375     05-11-45           725,000     726,644  
  Summit Midstream Holdings LLC (Z)     7.500     07-01-21           150,000     156,750  
  Tullow Oil PLC (S)(Z)     6.000     11-01-20           230,000     188,600  
  Tullow Oil PLC (S)(Z)     6.250     04-15-22           255,000     212,925  
  Whiting Petroleum Corp.     6.250     04-01-23           255,000     248,625  
  Williams Partners LP (Z)     4.875     05-15-23           185,000     181,175  
  Williams Partners LP (Z)     4.875     03-15-24           690,000     678,449  
  WPX Energy, Inc. (Z)     5.250     09-15-24           125,000     107,188  
  Financials 29.6%     53,572,303  
  Banks 11.7%  
  Banco do Brasil SA (6.250% to 4-15-24, then 10 Year U.S. Treasury + 4.398%) (Q)(S)(Z)     6.250     04-15-24           470,000     317,546  
  Bank of America Corp. (Z)     3.300     01-11-23           260,000     256,755  
  Bank of America Corp.     3.950     04-21-25           135,000     131,398  
  Bank of America Corp. (Z)     4.200     08-26-24           280,000     281,487  
  Bank of America Corp. (Z)     4.250     10-22-26           265,000     261,358  
  Bank of America Corp. (Z)     6.875     04-25-18           1,000,000     1,126,882  
  Bank of America Corp. (6.250% to 9-5-24, then 3 month LIBOR + 3.705%) (Q)(Z)     6.250     09-05-24           470,000     470,437  
  Bank of America Corp. (8.000% to 1-30-18, then 3 month LIBOR + 3.630%) (Q)(Z)     8.000     01-30-18           435,000     460,230  
  Barclays Bank PLC (S)(Z)     10.179     06-12-21           575,000     759,545  
  BPCE SA (S)(Z)     4.500     03-15-25           475,000     463,865  
  BPCE SA (S)(Z)     5.700     10-22-23           1,145,000     1,224,769  
  Commerzbank AG (S)(Z)     8.125     09-19-23           350,000     408,296  
  Credit Agricole SA (6.625% to 9-23-19, then 5 Year U.S. Swap Rate + 4.697%) (Q)(S)(Z)     6.625     09-23-19           450,000     448,313  
  Credit Agricole SA (7.875% to 1-23-24, then 5 year U.S. Swap Rate + 4.898%) (Q)(S)(Z)     7.875     01-23-24           600,000     622,513  
  Credit Agricole SA (8.125% to 9-19-18, then 5 Year U.S. Swap Rate + 6.283%) (S)(Z)     8.125     09-19-33           250,000     278,828  
  Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + 3.033%) (Q)(Z)     5.100     06-30-23           420,000     390,600  
  HBOS PLC (S)(Z)     6.750     05-21-18           825,000     915,024  

4SEE NOTES TO FUND'S INVESTMENTS

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Financials  (continued)        
  Banks  (continued)  
  HSBC Holdings PLC (6.375% to 9-17-24, then 5 Year U.S. ISDAFIX + 3.705%) (Q)(Z)     6.375     09-17-24           200,000     $201,250  
  ING Bank NV (S)(Z)     5.800     09-25-23           1,000,000     1,094,658  
  JPMorgan Chase & Co. (Z)     4.625     05-10-21           895,000     974,070  
  JPMorgan Chase & Co. (5.000% to 7-1-19, then 3 month LIBOR + 3.320%) (Q)(Z)     5.000     07-01-19           520,000     508,352  
  JPMorgan Chase & Co. (5.150% to 5-1-23, then 3 month LIBOR + 3.250%) (Q)     5.150     05-01-23           375,000     355,238  
  JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) (Q)(Z)     6.750     02-01-24           805,000     852,797  
  JPMorgan Chase & Co. (7.900% to 4-30-18, then 3 month LIBOR + 3.470%) (Q)(Z)     7.900     04-30-18           655,000     691,025  
  Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%) (Q)(Z)     7.500     06-27-24           385,000     401,363  
  Manufacturers & Traders Trust Company (5.629% to 12-1-16, then 3 month LIBOR + 6.400%) (Z)     5.629     12-01-21           485,000     492,387  
  Mizuho Financial Group Cayman 3, Ltd. (S)(Z)     4.600     03-27-24           1,035,000     1,080,173  
  Rabobank Nederland NV (11.000% to 6-30-19, then 3 month LIBOR + 10.868%) (Q)(S)     11.000     06-30-19           1,000,000     1,255,300  
  Societe Generale SA (8.250% to 11-29-18, then 5 Year U.S. Swap Rate + 6.394%) (Q)     8.250     11-29-18           385,000     411,950  
  Swedbank AB (S)(Z)     2.125     09-29-17           460,000     464,500  
  Synovus Financial Corp. (Z)     7.875     02-15-19           200,000     225,250  
  The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) (Q)(Z)     4.850     06-01-23           310,000     294,500  
  The PNC Financial Services Group, Inc. (6.750% to 8-1-21, then 3 month LIBOR + 3.678%) (Q)(Z)     6.750     08-01-21           520,000     577,200  
  Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) (Q)(Z)     5.875     06-15-25           500,000     518,125  
  Wells Fargo & Company (5.900% to 6-15-24, then 3 month LIBOR + 3.110%) (Q)(Z)     5.900     06-15-24           495,000     497,822  
  Wells Fargo & Company, Series K (7.980% to 3-15-18, then 3 month LIBOR + 3.770%) (Q)(Z)     7.980     03-15-18           950,000     1,029,563  
  Wells Fargo Bank NA (Z)     5.850     02-01-37           390,000     476,452  
  Capital markets 4.8%  
  Ares Capital Corp. (Z)     3.875     01-15-20           430,000     438,008  
  Credit Suisse Group AG (7.500% to 12-11-23, then 5 year U.S. Swap Rate + 4.598%) (Q)(S)(Z)     7.500     12-11-23           295,000     314,175  
  FS Investment Corp. (Z)     4.000     07-15-19           435,000     441,041  
  Jefferies Group LLC (Z)     6.875     04-15-21           1,005,000     1,150,399  
  Jefferies Group LLC (Z)     8.500     07-15-19           235,000     280,256  
  Macquarie Bank, Ltd. (S)     4.875     06-10-25           520,000     518,229  
  Morgan Stanley (Z)     4.300     01-27-45           235,000     224,147  
  Morgan Stanley (Z)     5.500     01-26-20           450,000     503,424  
  Morgan Stanley (Z)     5.550     04-27-17           565,000     602,610  
  Morgan Stanley (Z)     7.300     05-13-19           895,000     1,052,981  
  Morgan Stanley (5.550% to 7-15-20, then 3 month LIBOR + 3.810%) (Q)     5.550     07-15-20           325,000     323,375  
  Stifel Financial Corp. (Z)     4.250     07-18-24           315,000     314,593  
  The Bear Stearns Companies LLC (Z)     7.250     02-01-18           1,000,000     1,128,851  
  The Goldman Sachs Group, Inc.     3.750     05-22-25           167,000     166,497  
  The Goldman Sachs Group, Inc. (Z)     5.250     07-27-21           1,035,000     1,152,060  
  The Goldman Sachs Group, Inc. (Z)     5.750     01-24-22           105,000     120,262  
  Consumer finance 1.9%  
  Capital One Financial Corp. (Z)     2.450     04-24-19           275,000     274,987  
  Capital One Financial Corp. (Z)     3.500     06-15-23           1,100,000     1,081,704  

SEE NOTES TO FUND'S INVESTMENTS5

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Financials  (continued)        
  Consumer finance  (continued)  
  Capital One Financial Corp. (5.550% to 6-1-20, then 3 month LIBOR + 3.800%) (Q)     5.550     06-01-20           350,000     $350,420  
  Credito Real SAB de CV (S)(Z)     7.500     03-13-19           325,000     341,250  
  Discover Financial Services (Z)     3.950     11-06-24           370,000     364,141  
  Discover Financial Services (Z)     5.200     04-27-22           585,000     622,308  
  Enova International, Inc.     9.750     06-01-21           390,000     362,700  
  Diversified financial services 2.3%  
  Doric Nimrod Air Alpha 2013-1 Class A Pass Through Trust (S)(Z)     5.250     05-30-23           364,607     381,014  
  Doric Nimrod Air Alpha 2013-1 Class B Pass Through Trust (S)(Z)     6.125     11-30-19           233,700     246,553  
  Doric Nimrod Air Finance Alpha, Ltd. 2012-1 Class A Pass Through Trust (S)(Z)     5.125     11-30-22           218,560     228,918  
  General Electric Capital Corp. (5.250% to 6-15-23, then 3 month LIBOR + 2.967%) (Q)     5.250     06-15-23           340,000     348,500  
  General Electric Capital Corp. (7.125% until 6-15-22, then 3 month LIBOR + 5.296%) (Q)(Z)     7.125     06-15-22           600,000     693,750  
  Leucadia National Corp. (Z)     5.500     10-18-23           655,000     676,913  
  McGraw Hill Financial, Inc. (S)     4.000     06-15-25           495,000     498,633  
  NewStar Financial, Inc. (S)     7.250     05-01-20           360,000     365,400  
  Voya Financial, Inc. (5.650% to 5-15-23, then 3 month LIBOR + 3.580%) (Z)     5.650     05-15-53           674,000     688,558  
  Insurance 3.1%  
  Aquarius + Investments PLC (6.375% to 9-1-19, then 5 Year U.S. Swap Rate + 5.210%)     6.375     09-01-24           235,000     245,080  
  Assured Guaranty US Holdings, Inc. (Z)     5.000     07-01-24           465,000     478,883  
  AXA SA (Z)     8.600     12-15-30           175,000     234,938  
  AXA SA (6.379% to 12-14-36, then 3 month LIBOR + 2.256%) (Q)(S)(Z)     6.379     12-14-36           240,000     255,000  
  CNA Financial Corp. (Z)     7.250     11-15-23           230,000     279,730  
  CNO Financial Group, Inc.     5.250     05-30-25           125,000     130,625  
  Liberty Mutual Group, Inc. (7.800% to 3-15-37, then 3 month LIBOR +3.576%) (S)(Z)     7.800     03-15-37           705,000     835,425  
  MetLife, Inc. (Z)     6.400     12-15-36           355,000     393,892  
  Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. ISDAFIX + 3.650%) (S)(Z)     5.100     10-16-44           365,000     380,148  
  Pacific LifeCorp. (S)(Z)     6.000     02-10-20           245,000     277,331  
  Prudential Financial, Inc. (5.200% to 3-15-24, then 3 month LIBOR + 3.040%) (Z)     5.200     03-15-44           110,000     107,293  
  Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) (Z)     5.875     09-15-42           142,000     150,165  
  Sirius International Group, Ltd. (7.506% to 6-30-17, then 3 month LIBOR + 3.200%) (Q)(S)(Z)     7.506     06-30-17           610,000     623,725  
  Teachers Insurance & Annuity Association of America (S)(Z)     6.850     12-16-39           555,000     693,433  
  The Hartford Financial Services Group, Inc. (8.125% to 6-15-18, then 3 month LIBOR + 4.603%)     8.125     06-15-38           505,000     569,388  
  Real estate investment trusts 5.2%  
  American Tower Corp. (Z)     3.400     02-15-19           225,000     229,833  
  American Tower Corp. (Z)     4.700     03-15-22           400,000     419,968  
  American Tower Corp.     5.000     02-15-24           500,000     526,978  
  ARC Properties Operating Partnership LP     4.600     02-06-24           523,000     504,695  
  AvalonBay Communities, Inc.     3.450     06-01-25           270,000     268,727  
  Crown Castle Towers LLC (S)(Z)     4.883     08-15-20           710,000     763,158  
  Crown Castle Towers LLC (S)(Z)     6.113     01-15-20           451,000     502,912  
  DDR Corp. (Z)     7.500     04-01-17           880,000     960,180  
  Education Realty Operating Partnership LP     4.600     12-01-24           270,000     272,245  
  Goodman Funding Pty, Ltd. (S)(Z)     6.375     04-15-21           645,000     742,537  
  Health Care REIT, Inc.     4.000     06-01-25           645,000     640,680  
  Health Care REIT, Inc. (Z)     4.950     01-15-21           190,000     206,972  

6SEE NOTES TO FUND'S INVESTMENTS

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Financials  (continued)        
  Real estate investment trusts  (continued)  
  Highwoods Realty LP (Z)     5.850     03-15-17           310,000     $329,882  
  Iron Mountain, Inc. (Z)     6.000     08-15-23           440,000     457,600  
  iStar Financial, Inc.     5.000     07-01-19           135,000     132,477  
  MPT Operating Partnership LP (Z)     6.375     02-15-22           320,000     340,400  
  Omega Healthcare Investors, Inc.     4.500     01-15-25           280,000     277,292  
  Omega Healthcare Investors, Inc.     4.950     04-01-24           350,000     360,987  
  USB Realty Corp. (P)(Q)(S)(Z)     1.436     01-15-17           800,000     736,000  
  Ventas Realty LP     3.500     02-01-25           85,000     81,624  
  Ventas Realty LP (Z)     3.750     05-01-24           215,000     211,258  
  Ventas Realty LP (Z)     4.750     06-01-21           385,000     417,238  
  Thrifts and mortgage finance 0.6%  
  Nationstar Mortgage LLC (Z)     7.875     10-01-20           340,000     334,900  
  Nationstar Mortgage LLC (Z)     9.625     05-01-19           295,000     311,225  
  Quicken Loans, Inc. (S)     5.750     05-01-25           265,000     256,388  
  Stearns Holdings, Inc. (S)     9.375     08-15-20           155,000     154,613  
  Health care 4.0%     7,250,811  
  Health care equipment and supplies 0.5%  
  Medtronic, Inc. (S)(Z)     4.625     03-15-45           405,000     411,109  
  Zimmer Holdings, Inc. (Z)     3.550     04-01-25           435,000     420,670  
  Health care providers and services 1.6%  
  Express Scripts Holding Company     4.750     11-15-21           1,000,000     1,076,530  
  HCA, Inc. (Z)     5.250     04-15-25           375,000     394,688  
  Medco Health Solutions, Inc. (Z)     7.125     03-15-18           275,000     311,825  
  UnitedHealth Group, Inc.     1.450     07-17-17           415,000     416,032  
  UnitedHealth Group, Inc.     3.750     07-15-25           435,000     443,903  
  WellCare Health Plans, Inc. (Z)     5.750     11-15-20           300,000     315,000  
  Pharmaceuticals 1.9%  
  AbbVie, Inc.     3.600     05-14-25           535,000     527,753  
  Actavis Funding SCS (Z)     3.800     03-15-25           1,000,000     976,115  
  Endo Finance LLC (S)     6.000     07-15-23           140,000     145,950  
  Hospira, Inc. (Z)     6.050     03-30-17           485,000     520,614  
  Mallinckrodt International Finance SA (S)(Z)     5.750     08-01-22           310,000     324,144  
  Quintiles Transnational Corp. (S)     4.875     05-15-23           115,000     116,653  
  Valeant Pharmaceuticals International, Inc. (S)(Z)     5.500     03-01-23           110,000     112,475  
  Valeant Pharmaceuticals International, Inc. (S)(Z)     5.625     12-01-21           200,000     205,250  
  Valeant Pharmaceuticals International, Inc. (S)(Z)     6.125     04-15-25           260,000     271,700  
  Valeant Pharmaceuticals International, Inc. (S)(Z)     7.500     07-15-21           240,000     260,400  
  Industrials 10.9%     19,609,836  
  Aerospace and defense 1.7%  
  Embraer Overseas, Ltd. (S)(Z)     5.696     09-16-23           296,000     307,100  
  Huntington Ingalls Industries, Inc. (S)(Z)     5.000     12-15-21           350,000     359,625  
  Lockheed Martin Corp. (Z)     2.900     03-01-25           576,000     552,496  
  Textron Financial Corp. (6.000% to 2-15-17, then 3 month LIBOR + 1.735%) (S)(Z)     6.000     02-15-67           925,000     749,250  
  Textron, Inc. (Z)     3.875     03-01-25           180,000     179,110  
  Textron, Inc. (Z)     5.600     12-01-17           505,000     544,695  
  Textron, Inc. (Z)     7.250     10-01-19           270,000     315,862  
  Air freight and logistics 0.2%  
  XPO Logistics, Inc. (S)     6.500     06-15-22           440,000     432,850  

SEE NOTES TO FUND'S INVESTMENTS7

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Industrials  (continued)        
  Airlines 4.3%  
  America West Airlines 2000-1 Pass Through Trust (Z)     8.057     07-02-20           101,586     $115,808  
  American Airlines 2011-1 Class B Pass Through Trust (S)(Z)     7.000     01-31-18           628,799     666,527  
  American Airlines 2013-2 Class A Pass Through Trust (Z)     4.950     01-15-23           308,080     326,564  
  American Airlines 2015-1 Class B Pass Through Trust (Z)     3.700     05-01-23           630,000     622,125  
  British Airways PLC 2013-1 Class A Pass Through Trust (S)(Z)     4.625     06-20-24           593,560     626,206  
  British Airways PLC 2013-1 Class B Pass Through Trust (S)(Z)     5.625     06-20-20           227,781     240,878  
  Continental Airlines 1997-4 Class A Pass Through Trust (Z)     6.900     01-02-18           192,268     201,400  
  Continental Airlines 1998-1 Class A Pass Through Trust (Z)     6.648     09-15-17           57,208     59,639  
  Continental Airlines 1999-1 Class A Pass Through Trust (Z)     6.545     02-02-19           148,193     161,426  
  Continental Airlines 2000-2 Class B Pass Through Trust (Z)     8.307     04-02-18           53,536     57,015  
  Continental Airlines 2007-1 Class A Pass Through Trust (Z)     5.983     04-19-22           456,808     504,773  
  Continental Airlines 2012-1 Class B Pass Through Trust (Z)     6.250     04-11-20           191,351     200,918  
  Delta Air Lines 2002-1 Class G-1 Pass Through Trust (Z)     6.718     01-02-23           574,101     653,040  
  Delta Air Lines 2007-1 Class A Pass Through Trust (Z)     6.821     08-10-22           565,791     649,245  
  Delta Air Lines 2010-1 Class A Pass Through Trust (Z)     6.200     07-02-18           128,957     139,918  
  Delta Air Lines 2011-1 Class A Pass Through Trust (Z)     5.300     04-15-19           239,923     259,117  
  Northwest Airlines 2007-1 Class A Pass Through Trust (Z)     7.027     11-01-19           336,830     378,933  
  UAL 2009-1 Pass Through Trust (Z)     10.400     11-01-16           48,881     52,879  
  UAL 2009-2A Pass Through Trust (Z)     9.750     01-15-17           179,438     195,588  
  United Airlines 2014-2 Class A Pass Through Trust (Z)     3.750     09-03-26           435,000     431,738  
  United Airlines 2014-2 Class B Pass Through Trust (Z)     4.625     09-03-22           505,000     512,575  
  US Airways 2010-1 Class A Pass Through Trust (Z)     6.250     04-22-23           393,135     438,346  
  US Airways 2012-1 Class A Pass Through Trust (Z)     5.900     10-01-24           284,496     317,213  
  Building products 1.0%  
  Builders FirstSource, Inc. (S)     10.750     08-15-23           215,000     220,375  
  Masco Corp. (Z)     4.450     04-01-25           135,000     135,338  
  Masco Corp. (Z)     7.125     03-15-20           285,000     332,025  
  Owens Corning (Z)     4.200     12-15-22           1,095,000     1,113,406  
  Commercial services and supplies 0.3%  
  Casella Waste Systems, Inc. (Z)     7.750     02-15-19           365,000     371,209  
  Safway Group Holding LLC (S)(Z)     7.000     05-15-18           180,000     183,600  
  Construction and engineering 0.2%  
  Tutor Perini Corp. (Z)     7.625     11-01-18           335,000     342,538  
  Electrical equipment 0.1%  
  EnerSys (S)     5.000     04-30-23           95,000     92,863  
  Industrial conglomerates 0.3%  
  Nemak SAB de CV (S)(Z)     5.500     02-28-23           210,000     215,250  
  Odebrecht Finance, Ltd. (S)(Z)     7.125     06-26-42           225,000     155,813  
  Odebrecht Finance, Ltd. (Q)(S)(Z)     7.500     09-14-15           200,000     148,000  
  Machinery 0.4%  
  Optimas OE Solutions Holding LLC (S)     8.625     06-01-21           135,000     131,625  
  SPL Logistics Escrow LLC (S)(Z)     8.875     08-01-20           215,000     229,513  
  Trinity Industries, Inc. (Z)     4.550     10-01-24           355,000     347,637  
  Marine 0.2%  
  Navios South American Logistics, Inc. (S)(Z)     7.250     05-01-22           375,000     352,500  
  Road and rail 0.3%  
  Penske Truck Leasing Company LP (S)(Z)     3.375     02-01-22           620,000     605,902  
  Trading companies and distributors 1.7%  
  Ahern Rentals, Inc. (S)     7.375     05-15-23           380,000     359,100  
  Air Lease Corp. (Z)     3.375     01-15-19           440,000     448,800  

8SEE NOTES TO FUND'S INVESTMENTS

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Industrials  (continued)        
  Trading companies and distributors  (continued)  
  Air Lease Corp. (Z)     3.875     04-01-21           215,000     $217,578  
  Air Lease Corp. (Z)     4.750     03-01-20           220,000     234,538  
  Air Lease Corp. (Z)     5.625     04-01-17           175,000     184,828  
  Aircastle, Ltd. (Z)     5.500     02-15-22           215,000     224,138  
  Aircastle, Ltd.     6.250     12-01-19           160,000     177,400  
  Aircastle, Ltd. (Z)     7.625     04-15-20           160,000     184,800  
  Ashtead Capital, Inc. (S)(Z)     5.625     10-01-24           205,000     205,513  
  International Lease Finance Corp. (S)(Z)     7.125     09-01-18           290,000     323,713  
  United Rentals North America, Inc. (Z)     5.500     07-15-25           260,000     248,625  
  United Rentals North America, Inc. (Z)     5.750     11-15-24           320,000     312,800  
  Transportation infrastructure 0.2%  
  Florida East Coast Holdings Corp. (S)(Z)     6.750     05-01-19           255,000     257,550  
  Information technology 1.2%     2,120,571  
  Internet software and services 0.4%  
  Ancestry.com Holdings LLC, PIK (S)(Z)     9.625     10-15-18           135,000     138,544  
  Ancestry.com, Inc. (Z)     11.000     12-15-20           305,000     346,175  
  VeriSign, Inc.     5.250     04-01-25           265,000     266,988  
  IT services 0.5%  
  Fiserv, Inc.     3.850     06-01-25           625,000     621,039  
  Sixsigma Networks Mexico SA de CV (S)(Z)     8.250     11-07-21           275,000     283,525  
  Semiconductors and semiconductor equipment 0.2%  
  Micron Technology, Inc. (Z)     5.875     02-15-22           375,000     382,500  
  Software 0.1%  
  Infor US, Inc. (S)     6.500     05-15-22           80,000     81,800  
  Materials 3.7%     6,714,245  
  Chemicals 1.4%  
  Braskem Finance, Ltd. (S)(Z)     7.000     05-07-20           515,000     515,241  
  Incitec Pivot Finance LLC (S)(Z)     6.000     12-10-19           345,000     381,365  
  NOVA Chemicals Corp. (S)(Z)     5.000     05-01-25           535,000     529,650  
  Platform Specialty Products Corp. (S)(Z)     6.500     02-01-22           535,000     553,725  
  Rockwood Specialties Group, Inc. (Z)     4.625     10-15-20           555,000     577,183  
  Construction materials 0.8%  
  American Gilsonite Company (S)(Z)     11.500     09-01-17           310,000     262,725  
  Cemex SAB de CV (S)(Z)     6.125     05-05-25           360,000     358,650  
  Cemex SAB de CV (S)(Z)     6.500     12-10-19           340,000     353,600  
  Norbord, Inc. (S)     6.250     04-15-23           215,000     218,225  
  Vulcan Materials Company (Z)     4.500     04-01-25           260,000     258,700  
  Containers and packaging 0.2%  
  Ardagh Finance Holdings SA, PIK (S)(Z)     8.625     06-15-19           272,213     284,463  
  Metals and mining 1.3%  
  Allegheny Technologies, Inc. (Z)     9.375     06-01-19           715,000     800,800  
  ArcelorMittal (Z)     10.600     06-01-19           370,000     439,838  
  Glencore Finance Canada, Ltd. (S)(Z)     4.250     10-25-22           220,000     212,841  
  Glencore Funding LLC (S)(Z)     4.125     05-30-23           255,000     241,450  
  Glencore Funding LLC (S)     4.625     04-29-24           165,000     158,615  
  MMC Norilsk Nickel OJSC (S)(Z)     5.550     10-28-20           235,000     234,824  
  Rain CII Carbon LLC (S)(Z)     8.000     12-01-18           340,000     332,350  

SEE NOTES TO FUND'S INVESTMENTS9

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Telecommunication services 3.3%     $5,989,703  
  Diversified telecommunication services 1.7%  
  AT&T, Inc.     3.875     08-15-21           800,000     823,970  
  AT&T, Inc.     4.750     05-15-46           320,000     295,136  
  BellSouth Telecommunications LLC (Z)     6.300     12-15-15           71,313     72,475  
  CCO Safari II LLC (S)     6.484     10-23-45           380,000     393,036  
  GCI, Inc.     6.875     04-15-25           230,000     234,025  
  Telecom Italia Capital SA (Z)     7.200     07-18-36           365,000     403,325  
  Verizon Communications, Inc. (Z)     4.400     11-01-34           260,000     244,370  
  Verizon Communications, Inc. (Z)     6.550     09-15-43           263,000     310,715  
  Wind Acquisition Finance SA (S)(Z)     7.375     04-23-21           355,000     376,300  
  Wireless telecommunication services 1.6%  
  Comcel Trust (S)(Z)     6.875     02-06-24           330,000     349,899  
  Digicel Group, Ltd. (S)(Z)     8.250     09-30-20           385,000     380,188  
  Digicel, Ltd. (S)     6.750     03-01-23           200,000     191,900  
  Millicom International Cellular SA (S)     4.750     05-22-20           210,000     204,225  
  Millicom International Cellular SA (S)     6.625     10-15-21           300,000     312,000  
  MTN Mauritius Investments, Ltd. (S)(Z)     4.755     11-11-24           225,000     227,499  
  SBA Tower Trust (S)(Z)     2.933     12-15-17           395,000     399,738  
  SBA Tower Trust (S)(Z)     3.598     04-15-18           370,000     369,402  
  SoftBank Corp. (S)(Z)     4.500     04-15-20           400,000     401,500  
  Utilities 5.7%     10,298,096  
  Electric utilities 3.0%  
  Beaver Valley II Funding Corp. (Z)     9.000     06-01-17           28,000     30,240  
  BVPS II Funding Corp. (Z)     8.890     06-01-17           126,000     131,064  
  Duke Energy Corp.     3.550     09-15-21           1,000,000     1,036,179  
  Electricite de France SA (5.250% to 1-29-23, then 10 Year U.S. Swap Rate + 3.709%) (Q)(S)(Z)     5.250     01-29-23           485,000     497,125  
  Empresa Electrica Angamos SA (S)(Z)     4.875     05-25-29           360,000     354,600  
  Exelon Generation Company LLC     4.000     10-01-20           1,000,000     1,044,511  
  FPL Energy National Wind LLC (S)(Z)     5.608     03-10-24           69,163     69,163  
  Israel Electric Corp., Ltd. (S)(Z)     5.625     06-21-18           420,000     452,836  
  NextEra Energy Capital Holdings, Inc. (6.650% to 6-15-17, then 3 month LIBOR + 2.125%) (Z)     6.650     06-15-67           100,000     86,549  
  Oncor Electric Delivery Company LLC (Z)     5.000     09-30-17           820,000     880,158  
  PNPP II Funding Corp.     9.120     05-30-16           31,000     31,692  
  Southern California Edison Company (6.250% to 2-1-22, then 3 month LIBOR + 4.199%) (Q)(Z)     6.250     02-01-22           320,000     353,200  
  Talen Energy Supply LLC (S)     6.500     06-01-25           210,000     205,800  
  W3A Funding Corp. (Z)     8.090     01-02-17           207,820     207,763  
  Independent power and renewable electricity producers 0.3%  
  Dynegy, Inc. (S)     6.750     11-01-19           120,000     123,900  
  Dynegy, Inc. (S)     7.625     11-01-24           165,000     170,363  
  NRG Yield Operating LLC     5.375     08-15-24           260,000     263,250  
  Multi-utilities 2.4%  
  Berkshire Hathaway Energy Company (Z)     8.480     09-15-28           550,000     800,374  
  CMS Energy Corp.     5.050     03-15-22           1,000,000     1,102,143  
  Columbia Pipeline Group, Inc. (S)     4.500     06-01-25           335,000     333,733  
  Dominion Resources, Inc.     3.625     12-01-24           1,000,000     996,397  
  NiSource Finance Corp.     5.450     09-15-20           1,000,000     1,127,056  

10SEE NOTES TO FUND'S INVESTMENTS

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Convertible bonds 0.1% (0.1% of Total investments)     $236,563  
  (Cost $250,000)  
  Utilities 0.1%     236,563  
  Independent power and renewable electricity producers 0.1%  
  NRG Yield, Inc. (S)     3.250     06-01-20           250,000     236,563  
  Term loans (M) 0.5% (0.3% of Total investments)     $913,416  
  (Cost $922,613)  
  Consumer staples 0.2%     358,221  
  Household products 0.2%  
  The Sun Products Corp.     5.500     03-23-20           369,777     358,221  
  Industrials 0.1%     146,067  
  Aerospace and defense 0.1%  
  WP CPP Holdings LLC     4.500     12-28-19     146,250     146,067  
  Utilities 0.2%     409,128  
  Electric utilities 0.2%  
  ExGen Texas Power LLC     5.750     09-16-21           277,822     270,877  
  La Frontera Generation LLC     4.500     09-30-20           140,178     138,251  
  Capital preferred securities (a) 1.9% (1.3% of Total investments)     $3,523,761  
  (Cost $3,427,020)  
  Financials 1.9%     3,523,761  
  Banks 0.3%  
  Sovereign Capital Trust VI (Z)     7.908     06-13-36     489,000     505,723  
  Capital markets 0.7%  
  Goldman Sachs Capital II (P)(Q)(Z)     4.000     09-08-15     670,000     504,175  
  State Street Capital Trust IV (P)(Z)     1.285     06-15-37     935,000     814,619  
  Insurance 0.9%  
  MetLife Capital Trust IV (7.875% to 12-15-32 then 3 month LIBOR + 3.960%) (S)(Z)     7.875     12-15-37     110,000     137,500  
  MetLife Capital Trust X (9.250% to 4-8-33 then 3 month LIBOR + 5.540%) (S)(Z)     9.250     04-08-38     315,000     440,937  
  ZFS Finance USA Trust II (6.450% to 6-15-16 then 3 month LIBOR + 2.000%) (S)(Z)     6.450     12-15-65     870,000     889,619  
  ZFS Finance USA Trust V (6.500% to 5-9-17, then 3 month LIBOR + 2.285%) (S)(Z)     6.500     05-09-37     225,000     231,188  
  U.S. Government and Agency obligations 29.0% (19.5% of Total investments)     $52,468,521  
  (Cost $51,013,149)  
  U.S. Government 6.3%     11,456,546  
  U.S. Treasury  
        Bond (Z)     3.000     11-15-44     1,975,000     2,006,786  
        Bond (Z)     3.125     02-15-42     1,405,000     1,468,884  
        Note (Z)     2.000     02-15-25     4,077,000     4,011,703  
        Note (Z)     2.125     05-15-25     3,991,000     3,969,173  
  U.S. Government Agency 22.7%     41,011,975  
  Federal Home Loan Banks  
        Bond (Z)     2.900     09-05-25     200,000     195,746  
        Bond (Z)     3.170     10-04-27     200,000     196,645  
        Bond (Z)     3.250     06-21-27     269,697     269,740  
  Federal Home Loan Mortgage Corp.  
        30 Yr Pass Thru (Z)     3.000     03-01-43     920,554     933,571  
        30 Yr Pass Thru (Z)     4.500     09-01-41     2,305,815     2,521,535  
        30 Yr Pass Thru (Z)     5.000     03-01-41     3,536,992     3,921,916  
  Federal National Mortgage Association  

SEE NOTES TO FUND'S INVESTMENTS11

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  U.S. Government Agency  (continued)        
        15 Yr Pass Thru (Z)     3.000     10-29-27     705,000     $685,432  
        30 Yr Pass Thru (Z)     3.000     12-01-42     3,350,874     3,399,959  
        30 Yr Pass Thru (Z)     3.000     07-01-43     980,607     990,682  
        30 Yr Pass Thru (Z)     3.500     12-01-42     5,086,735     5,307,095  
        30 Yr Pass Thru (Z)     3.500     01-01-43     3,954,854     4,123,090  
        30 Yr Pass Thru     3.500     04-01-45     1,843,846     1,920,553  
        30 Yr Pass Thru (Z)     4.000     10-01-40     447,883     482,105  
        30 Yr Pass Thru (Z)     4.000     09-01-41     4,849,358     5,199,386  
        30 Yr Pass Thru (Z)     4.000     10-01-41     2,076,214     2,232,903  
        30 Yr Pass Thru (Z)     4.500     10-01-40     1,920,004     2,097,103  
        30 Yr Pass Thru (Z)     4.500     07-01-41     4,446,603     4,867,175  
        30 Yr Pass Thru (Z)     5.000     04-01-41     506,667     570,830  
        30 Yr Pass Thru (Z)     5.500     08-01-40     178,120     200,548  
        30 Yr Pass Thru (Z)     6.500     01-01-39     778,021     895,961  
  Foreign government obligations 0.2% (0.1% of Total investments)     $308,764  
  (Cost $277,503)  
  Argentina 0.2%     308,764  
  Republic of Argentina (H)     8.280     12-31-33           322,469     308,764  
  Collateralized mortgage obligations 18.6% (12.5% of Total investments)     $33,631,954  
  (Cost $31,208,042)  
  Commercial and residential 16.6%     29,931,423  
  American Home Mortgage Assets Trust
Series 2006-6, Class XP IO		     2.174     12-25-46           4,444,470     461,145  
  American Home Mortgage Investment Trust
Series 2005-1, Class 1A1 (P)		     0.411     06-25-45           540,138     502,396  
  Americold 2010 LLC Trust
Series 2010-ARTA, Class D (S)		     7.443     01-14-29           605,000     691,228  
  BAMLL Commercial Mortgage Securities Trust  
        Series 2014-ICTS, Class D (P) (S)     2.087     06-15-28           100,000     99,665  
        Series 2015-200P, Class F (P) (S)     3.596     04-14-33           415,000     369,955  
  BBCMS Trust
Series 2015, Class C (P) (S)		     2.186     02-15-28           215,000     212,628  
  Bear Stearns Adjustable Rate Mortgage Trust  
        Series 2005-1, Class B2 (P)     2.664     03-25-35           400,603     26,048  
        Series 2005-2, Class A1 (P)     2.680     03-25-35           332,996     335,837  
  Bear Stearns ALT-A Trust  
        Series 2005-5, Class 1A4 (P)     0.751     07-25-35           369,049     333,086  
        Series 2005-7, Class 11A1 (P)     0.731     08-25-35           603,722     574,407  
  BHMS Mortgage Trust
Series 2014-ATLS, Class DFL (P) (S)		     3.184     07-05-33           620,000     602,110  
  BLCP Hotel Trust
Series 2014-CLRN, Class D (P) (S)		     2.687     08-15-29           605,000     602,000  
  BWAY Mortgage Trust  
        Series 2013-1515, Class F (P) (S)     3.927     03-10-33           595,000     555,203  
        Series 2015-1740, Class D (P) (S)     3.787     01-13-35           370,000     356,889  
  BXHTL Mortgage Trust  
        Series 2015-JWRZ, Class DR2 (P) (S)     3.950     05-15-29           445,000     433,319  
        Series 2015-JWRZ, Class GL2 (P) (S)     3.876     05-15-29           410,000     408,852  
  CDGJ Commercial Mortgage Trust
Series 2014-BXCH, Class D (P) (S)		     3.187     12-15-27           595,000     593,598  
  CGBAM Commercial Mortgage
Series 2015-SMRT, Class F (P) (S)		     3.786     04-10-28           325,000     308,459  
  Commercial Mortgage Trust (Deutsche Bank)  

12SEE NOTES TO FUND'S INVESTMENTS

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Commercial and residential  (continued)        
        Series 2012-LC4, Class B (P)     4.934     12-10-44           360,000     $397,383  
        Series 2013-300P, Class D (P) (S)     4.394     08-10-30           620,000     640,676  
        Series 2013-CR11, Class B (P)     5.163     10-10-46           895,000     1,000,394  
        Series 2013-CR13, Class C (P)     4.754     12-10-23           435,000     458,634  
        Series 2013-CR6, Class XA IO     1.514     03-10-46           4,176,273     244,095  
        Series 2014-FL4, Class D (P) (S)     2.635     07-13-31           600,000     597,427  
        Series 2014-TWC, Class D (P) (S)     2.436     02-13-32           445,000     441,193  
  Commercial Mortgage Trust (Deutsche Bank/Morgan Stanley)
Series 2014-PAT, Class D (P) (S)		     2.336     08-13-27           775,000     776,461  
  Commercial Mortgage Trust (Wells Fargo)
Series 2014-CR16, Class C (P)		     4.906     04-10-47           552,000     579,853  
  Credit Suisse Mortgage Trust
Series 2014-ICE, Class D (P) (S)		     2.337     04-15-27           550,000     545,188  
  Deutsche Mortgage Securities, Inc. Mortgage Loan Trust
Series 2004-4, Class 2AR1 (P)		     0.461     06-25-34           432,440     409,344  
  Extended Stay America Trust
Series 2013-ESFL, Class DFL (P) (S)		     3.327     12-05-31           87,991     87,991  
  GAHR Commercial Mortgage Trust  
        Series 2015-NRF, Class DFX (P) (S)     3.382     12-15-19           220,000     217,182  
        Series 2015-NRF, Class EFX (P) (S)     3.382     12-15-19           495,000     465,863  
  Great Wolf Trust
Series 2015-WOLF, Class D (P) (S)		     3.687     05-15-34           520,000     520,126  
  HarborView Mortgage Loan Trust  
        Series 2005-11, Class X IO     2.319     08-19-45           1,948,086     112,015  
        Series 2005-2, Class IX IO     2.169     05-19-35           6,725,319     489,950  
        Series 2005-9, Class 2A1C (P)     0.638     06-20-35           601,255     551,320  
        Series 2005-8, Class 1X IO     2.062     09-19-35           2,495,650     145,913  
        Series 2007-3, Class ES IO (S)     0.350     05-19-47           8,251,239     140,271  
        Series 2007-4, Class ES IO     0.350     07-19-47           8,580,540     135,573  
        Series 2007-6, Class ES IO (S)     0.342     08-19-37           6,682,092     90,876  
  Hilton USA Trust
Series 2013-HLT, Class DFX (S)		     4.407     11-05-30           431,000     434,814  
  IndyMac Index Mortgage Loan Trust  
        Series 2005-AR12, Class AX2 IO     2.266     07-25-35           6,330,229     455,346  
        Series 2005-AR8, Class AX2 IO     2.295     04-25-35           6,629,214     474,552  
        Series 2005-AR18, Class 1X IO     2.127     10-25-36           7,712,797     703,492  
        Series 2005-AR18, Class 2X IO     1.804     10-25-36           6,754,792     276,261  
  JPMBB Commercial Mortgage Securities Trust
Series 2014-C19, Class C (P)		     4.677     04-15-47           725,000     743,032  
  JPMorgan Chase Commercial Mortgage Securities Trust  
        Series 2014-FL5, Class C (P) (S)     2.287     07-15-31           1,030,000     1,026,629  
        Series 2014-INN, Class F (P) (S)     4.187     06-15-29           490,000     481,626  
        Series 2014-PHH, Class C (P) (S)     2.286     08-15-27           760,000     765,820  
        Series 2015-MAR7, Class C (S)     4.490     06-05-32           480,000     482,390  
  Merrill Lynch Mortgage Investors Trust
Series 2005-2, Class 1A (P)		     1.673     10-25-35           472,500     457,229  
  Morgan Stanley Bank of America Merrill Lynch Trust  
        Series 2013-C7, Class C (P)     4.181     02-15-46           293,000     297,773  
        Series 2014-C18, Class 300D     5.279     08-15-31           380,000     388,619  
  Morgan Stanley Capital I Trust
Series 2014-150E, Class D (P) (S)		     4.295     09-09-32           1,050,000     1,065,219  
  MortgageIT Trust
Series 2005-2, Class 1A2 (P)		     0.521     05-25-35           377,876     352,020  
  TMSQ Mortgage Trust
Series 2014-1500, Class D (P) (S)		     3.835     10-10-36           340,000     331,911  

SEE NOTES TO FUND'S INVESTMENTS13

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Commercial and residential  (continued)        
  UBS Commercial Mortgage Trust
Series 2012-C1, Class B		     4.822     05-10-45           405,000     $438,205  
  UBS-Barclays Commercial Mortgage Trust
Series 2012-C2, Class XA IO (S)		     1.731     05-10-63           4,773,261     333,575  
  VNDO Mortgage Trust
Series 2013-PENN, Class D (P) (S)		     3.947     12-13-29           612,000     622,151  
  Wachovia Bank Commercial Mortgage Trust
Series 2007-C31, Class AM (P)		     5.591     04-15-47           285,000     301,198  
  WaMu Mortgage Pass Through Certificates
Series 2005-AR8, Class 2AB2 (P)		     0.611     07-25-45           570,256     527,106  
  Wells Fargo Commercial Mortgage Trust  
        Series 2013-120B, Class C (P) (S)     2.710     03-18-28           935,000     918,915  
        Series 2013-BTC, Class E (P) (S)     3.550     04-16-35           620,000     574,904  
  WF-RBS Commercial Mortgage Trust  
        Series 2012-C9, Class XA IO (S)     2.188     11-15-45           4,945,080     505,857  
        Series 2013-C15, Class B (P)     4.481     08-15-46           155,000     165,415  
        Series 2013-C16, Class B (P)     4.982     09-15-46           265,000     292,811  
  U.S. Government Agency 2.0%     3,700,531  
  Federal Home Loan Mortgage Corp.  
        Series 2015-DNA1, Class M2 (P)     2.041     10-25-27           380,000     378,816  
        Series 290, Class IO     3.500     11-15-32           3,020,952     558,556  
        Series 4136, Class IH IO     3.500     09-15-27           1,984,334     224,612  
        Series K017, Class X1 IO     1.424     12-25-21           2,912,141     211,634  
        Series K018, Class X1 IO     1.434     01-25-22           3,627,584     265,746  
        Series K021, Class X1 IO     1.498     06-25-22           795,062     66,004  
        Series K022, Class X1 IO     1.294     07-25-22           9,229,324     665,711  
        Series K707, Class X1 IO     1.544     12-25-18           2,390,774     107,580  
        Series K709, Class X1 IO     1.531     03-25-19           3,285,253     157,521  
        Series K710, Class X1 IO     1.775     05-25-19           3,577,679     203,820  
  Federal National Mortgage Association  
        Series 2012-137, Class QI IO     3.000     12-25-27           2,347,409     282,152  
        Series 2012-137, Class WI IO     3.500     12-25-32           1,777,756     319,182  
  Government National Mortgage Association  
        Series 2012-114, Class IO     0.927     01-16-53           1,819,243     136,500  
        Series 2013-42, Class IO     3.500     03-20-43           821,012     122,697  
  Asset backed securities 8.1% (5.5% of Total investments)     $14,725,037  
  (Cost $14,302,410)  
  Asset Backed Securities 8.1%     14,725,037  
  ACE Securities Corp. Home Equity Loan Trust
Series 2005-HE3, Class M2 (P)		     0.866     05-25-35           315,000     302,230  
  Aegis Asset Backed Securities Trust
Series 2005-4, Class M1 (P)		     0.641     10-25-35           825,000     748,533  
  Ameriquest Mortgage Securities, Inc.
Series 2005-R3, Class M2 (P)		     0.661     05-25-35           480,000     454,155  
  Applebee's Funding LLC
Series 2014-1, Class A2 (S)		     4.277     09-05-44           1,005,000     1,018,010  
  Argent Securities, Inc.  
        Series 2003-W10, Class M1 (P)     1.267     01-25-34           257,870     238,110  
        Series 2004-W6, Class M1 (P)     1.016     05-25-34           187,370     178,930  
  Bravo Mortgage Asset Trust
Series 2006-1A, Class A2 (P) (S)		     0.431     07-25-36           779,993     732,702  
  CKE Restaurant Holdings, Inc.
Series 2013-1A, Class A2 (S)		     4.474     03-20-43           1,077,369     1,100,301  

14SEE NOTES TO FUND'S INVESTMENTS

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Asset Backed Securities  (continued)        
  ContiMortgage Home Equity Loan Trust
Series 1995-2, Class A5		     8.100     08-15-25           25,722     $24,493  
  Countrywide Asset-Backed Certificates
Series 2004-10, Class AF5B (P)		     5.613     02-25-35           440,812     447,299  
  Credit Suisse Mortgage Trust
Series 2006-CF2, Class M1 (P) (S)		     0.661     05-25-36           735,000     716,295  
  DB Master Finance LLC
Series 2015-1A, Class A2II (S)		     3.980     02-20-45           867,825     868,664  
  Driven Brands Funding LLC
Series 2015-1A, Class A2 (S)		     5.216     07-20-45           455,000     456,779  
  Encore Credit Receivables Trust
Series 2005-2, Class M2 (P)		     0.881     11-25-35           600,000     585,474  
  GM Financial Automobile Leasing Trust
Series 2015-2, Class A4		     1.850     07-22-19           669,000     671,813  
  GSAA Home Equity Trust
Series 2005-11, Class 3A1 (P)		     0.461     10-25-35           518,719     488,498  
  GSAA Trust
Series 2005-10, Class M3 (P)		     0.741     06-25-35           675,000     647,173  
  Home Equity Mortgage Loan Asset-Backed Trust
Series 2005-C, Class AII3 (P)		     0.561     10-25-35           391,460     377,450  
  Merrill Lynch Mortgage Investors Trust
Series 2005-WMC1, Class M1 (P)		     0.941     09-25-35           256,559     232,722  
  MVW Owner Trust
Series 2014-1A, Class A (S)		     2.250     09-22-31           164,507     164,404  
  Sonic Capital LLC
Series 2011-1A, Class A2 (S)		     5.438     05-20-41           355,290     372,899  
  Specialty Underwriting & Residential Finance Trust
Series 2006-BC1, Class A2D (P)		     0.491     12-25-36           1,090,000     1,056,662  
  Toyota Auto Receivables Owner Trust
Series 2015-B, Class A4		     1.740     09-15-20           510,000     512,928  
  Westgate Resorts LLC  
        Series 2012-2A, Class B (S)     4.500     01-20-25           374,771     375,633  
        Series 2012-3A, Class B (S)     4.500     03-20-25           251,331     252,864  
        Series 2013-1A, Class B (S)     3.750     08-20-25           100,927     101,943  
        Series 2014-1A, Class A (S)     2.150     12-20-26           727,724     724,231  
        Series 2014-1A, Class B (S)     3.250     12-20-26           486,406     483,926  
        Series 2015-1A, Class A (S)     2.750     05-20-27           389,698     389,916  
        Shares     Value  
  Common stocks 5.2% (3.5% of Total investments)     $9,375,639  
  (Cost $8,362,158)  
  Consumer discretionary 0.4%     699,020  
  Hotels, restaurants and leisure 0.4%  
  McDonald's Corp. (Z)     7,000     699,020  
  Consumer staples 0.5%     855,300  
  Tobacco 0.5%  
  Philip Morris International, Inc. (Z)     10,000     855,300  
  Energy 0.2%     459,840  
  Oil, gas and consumable fuels 0.2%  
  Royal Dutch Shell PLC, ADR, Class A     8,000     459,840  
  Financials 1.4%     2,496,671  
  Banks 0.4%  
  U.S. Bancorp (Z)     14,500     655,545  

SEE NOTES TO FUND'S INVESTMENTS15

Income Securities Trust

                                                           
        Shares     Value  
  Financials  (continued)        
  Capital markets 0.6%  
  Ares Capital Corp.     33,500     $539,015  
  The Carlyle Group LP (Z)     20,100     534,861  
  Real estate investment trusts 0.4%  
  Weyerhaeuser Company (Z)     25,000     767,250  
  Health care 1.3%     2,448,834  
  Pharmaceuticals 1.3%  
  Johnson & Johnson (Z)     8,258     827,534  
  Pfizer, Inc. (Z)     24,000     865,440  
  Sanofi, ADR (Z)     14,000     755,860  
  Industrials 0.2%     327,019  
  Machinery 0.2%  
  Stanley Black & Decker, Inc. (Z)     3,100     327,019  
  Information technology 0.8%     1,410,500  
  Semiconductors and semiconductor equipment 0.4%  
  Intel Corp. (Z)     26,000     752,700  
  Technology hardware, storage and peripherals 0.4%  
  Seagate Technology PLC (Z)     13,000     657,800  
  Telecommunication services 0.4%     678,455  
  Diversified telecommunication services 0.4%  
  Verizon Communications, Inc. (Z)     14,500     678,455  
  Preferred securities (b) 1.6% (1.0% of Total investments)     $2,825,721  
  (Cost $2,958,689)  
  Consumer staples 0.3%     568,750  
  Food and staples retailing 0.3%  
  Ocean Spray Cranberries, Inc., Series A, 6.250% (S)           6,250     568,750  
  Financials 0.8%     1,415,321  
  Banks 0.1%  
  Wells Fargo & Company, Series L, 7.500%           192     228,885  
  Consumer finance 0.6%  
  Ally Financial, Inc., 7.000% (S)           437     443,733  
  GMAC Capital Trust I (8.125% to 2-15-16, then 3 month LIBOR + 5.785%) (Z)           24,985     655,357  
  Real estate investment trusts 0.1%  
  Weyerhaeuser Company, 6.375%           1,700     87,346  
  Telecommunication services 0.1%     159,949  
  Diversified telecommunication services 0.1%  
  Intelsat SA, 5.750% (Z)           5,900     159,949  
  Utilities 0.4%     681,701  
  Electric utilities 0.1%  
  Exelon Corp., 6.500% (Z)           4,341     202,898  
  Multi-utilities 0.3%  
  Dominion Resources, Inc., 6.375% (Z)           9,485     478,803  

16SEE NOTES TO FUND'S INVESTMENTS

Income Securities Trust

                                                           
        Rate (% )    Maturity date     Par value^     Value  
  Escrow certificates 0.0% (0.0% of Total investments)     $123  
  (Cost $0)  
  Materials 0.0%     123  
  Containers and packaging 0.0%  
  Smurfit-Stone Container Corp. (I)     8.000     03-15-17           245,000     123  
              Par value     Value  
  Short-term investments 2.3% (1.5% of Total investments)     $4,083,000  
  (Cost $4,083,000)  
  Repurchase agreement 2.3%     4,083,000  
  Repurchase Agreement with State Street Corp., dated 7-31-15 at 0.000% to be repurchased at $4,083,000 on 8-3-15, collateralized by $4,205,000 U.S. Treasury Notes, 0.625% due 4-30-18 (valued at $4,168,417, including interest)           4,083,000     4,083,000  
  Total investments (Cost $263,236,986)† 149.0%     $269,377,121  
  Other assets and liabilities, net (49.0%)     ($88,606,390 )
  Total net assets 100.0%     $180,770,731  

                                                           
  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.  
  Key to Security Abbreviations and Legend  
  ADR     American Depositary Receipts  
  IO     Interest Only Security — (Interest Tranche of Stripped Mortgage Pool). Rate shown is the effective yield at period end.  
  ISDAFIX     International Swaps and Derivatives Association Fixed Interest Rate Swap Rate  
  LIBOR     London Interbank Offered Rate  
  PIK     Payment-in-kind  
  REIT     Real Estate Investment Trust  
  (a)     Includes hybrid securities with characteristics of both equity and debt that trade with and pay, interest income.  
  (b)     Includes preferred stocks and hybrid securities with characteristics of both equity and debt that pay dividends on a periodic basis.  
  (H)     Non-income producing - Issuer is in default.  
  (I)     Non-income producing security.  
  (M)     Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.  
  (P)     Variable rate obligation. The coupon rate shown represents the rate at period end.  
  (Q)     Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.  
  (S)     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 $76,948,844 or 42.6% of the fund's net assets as of 7-31-15.  
  (Z)     All or a portion of this security is pledged as collateral pursuant to the Credit Facility Agreement. Total collateral value at 7-31-15 was $159,123,200.  
  †     At 7-31-15, the aggregate cost of investment securities for federal income tax purposes was $264,571,291. Net unrealized appreciation aggregated $4,805,830, of which $10,098,836 related to appreciated investment securities and $5,293,006 related to depreciated investment securities.  

SEE NOTES TO FUND'S INVESTMENTS17

Notes to Fund's investments

Security valuation. Investments are stated at value as of the close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 p.m., Eastern Time. In order to value the securities, the fund uses the following valuation techniques: Equity securities held by the fund are valued at the last sale price or official closing price on the exchange where the security was acquired or most likely will be sold. 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. 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. Swaps are valued using evaluated prices obtained from an independent pricing vendor. Securities that trade only in the over-the-counter (OTC) market are valued using bid prices. 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, 2015, by major security category or type:

                             
        Total
value at
7-31-15		     Level 1
quoted price		     Level 2
significant
observable
inputs		     Level 3
significant
unobservable
inputs		  
  Corporate bonds     $147,284,622     —     $147,284,622     —  
  Convertible bonds     236,563     —     236,563     —  
  Term loans     913,416     —     913,416     —  
  Capital preferred securities     3,523,761     —     3,523,761     —  
  U.S. Government and Agency obligations     52,468,521     —     52,468,521     —  
  Foreign government obligations     308,764     —     308,764     —  
  Collateralized mortgage obligations     33,631,954     —     33,631,954     —  
  Asset backed securities     14,725,037     —     14,725,037     —  
  Common stocks     9,375,639     $9,375,639     —     —  
  Preferred securities     2,825,721     1,813,238     1,012,483     —  
  Escrow certificates     123     —     —     $123  
  Short-term investments     4,083,000     —     4,083,000     —  
  Total investments in securities     $269,377,121     $11,188,877     $258,188,121     $123  
  Other financial instruments:                          
  Interest rate swaps     ($477,541 )   —     ($477,541 )   —  

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 by 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 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.

18

Derivative instruments. The fund may invest in derivatives in order to meet its investment objectives. Derivatives include a variety of different instruments that may be traded in the OTC market, on a regulated exchange or through a clearing facility. The risks in using derivatives vary depending upon the structure of the instruments, including the use of leverage, optionality, the liquidity or lack of liquidity of the contract, the creditworthiness of the counterparty or clearing organization and the volatility of the position. Some derivatives involve risks that are potentially greater than the risks associated with investing directly in the referenced securities or other referenced underlying instrument. Specifically, the fund is exposed to the risk that the counterparty to an OTC derivatives contract will be unable or unwilling to make timely settlement payments or otherwise honor its obligations. OTC derivatives transactions typically can only be closed out with the other party to the transaction.

Interest rate swaps. Interest rate swaps represent an agreement between the fund and a counterparty to exchange cash flows based on the difference between two interest rates applied to a notional amount. The payment flows are usually netted against each other, with the difference being paid by one party to the other. The fund settles accrued net interest receivable or payable under the swap contracts at specified, future intervals. Swap agreements are privately negotiated in the OTC market or may be executed on a registered commodities exchange (centrally cleared swaps). Swaps are marked-to-market daily and the change in value is recorded as unrealized appreciation/depreciation of swap contracts. A termination payment by the counterparty or the fund is recorded as realized gain or loss, as well as the net periodic payments received or paid by the fund. The value of the swap will typically impose collateral posting obligations on the party that is considered out-of-the-money on the swap.

During the period ended July 31, 2015, the fund used interest rate swaps in anticipation of rising interest rates. The following table summarizes the interest rate swap contracts held as of July 31, 2015.

                                   
  Counterparty     USD notional
amount		     Payments made
by fund		     Payments received
by fund		     Maturity
date		     Market value  
  Morgan Stanley Capital Services     $22,000,000     Fixed 1.442500%     3 Month LIBOR (a)     Aug 2016     ($338,514 )
  Morgan Stanley Capital Services     22,000,000     Fixed 1.093750%     3 Month LIBOR (a)     May 2017     (139,027 )
        $44,000,000                       ($477,541 )

(a) At 7-31-15, the 3-month LIBOR rate was 0.30860%

For additional information on the fund's significant accounting policies, please refer to the fund's most recent semiannual or annual shareholder report.

19

More information

     
How to contact us
Internet www.jhinvestments.com  
Mail 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 07/15
This report is for the information of the shareholders of John Hancock Income Securities Trust.   9/15

 

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 Arnott
  Andrew Arnott
  President

 

 

Date: September 21, 2015

 

 

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 Arnott
  Andrew Arnott
  President

 

 

Date: September 21, 2015

 

 

By:   /s/ Charles A. Rizzo
  Charles A. Rizzo
  Chief Financial Officer

 

 

Date: September 21, 2015