1607 Capital Partners Discloses 766,901 Share Stake in JHI

TL;DR

**1607 Capital Partners just revealed a big, passive stake in John Hancock Investors Trust.**

AI Summary

1607 Capital Partners, LLC, a Delaware-based investment firm, reported beneficial ownership of 766,901 shares of Common Stock in John Hancock Investors Trust (JHI) as of December 31, 2023. This filing, an SC 13G, indicates that 1607 Capital Partners holds a significant, but passive, stake in JHI, representing a notable position in the closed-end fund. This matters to investors because it signals a professional investment firm sees value in JHI, potentially influencing market perception and future trading activity.

Why It Matters

This filing reveals a major institutional investor's confidence in John Hancock Investors Trust, which can be a positive signal for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of a passive investment, indicating no immediate risk or major change in company control.

Analyst Insight

Investors should note this institutional ownership as a potential sign of confidence, but also research John Hancock Investors Trust's fundamentals and 1607 Capital Partners' investment strategy to understand the full implications.

Key Numbers

• 766,901 — Shares Beneficially Owned (The total number of Common Stock shares of John Hancock Investors Trust held by 1607 Capital Partners, LLC.)
• 410142103 — CUSIP Number (Unique identifier for John Hancock Investors Trust's Common Stock.)
• December 31, 2023 — Date of Event (The specific date when the ownership threshold was met, triggering this SC 13G filing.)

Key Players & Entities

• 1607 Capital Partners, LLC (company) — the reporting person and beneficial owner
• John Hancock Investors Trust (company) — the issuer of the securities
• Delaware (company) — place of organization for 1607 Capital Partners, LLC
• 766,901 (dollar_amount) — number of shares beneficially owned
• December 31, 2023 (person) — date of event requiring the filing

Forward-Looking Statements

• Other institutional investors may take note of 1607 Capital Partners' position and potentially initiate or increase their own stakes in John Hancock Investors Trust. (John Hancock Investors Trust) — medium confidence, target: Q2 2024

FAQ

Filing Documents

• jhi-123123.htm (SC 13G) — 51KB
• 0001172661-24-000550.txt ( ) — 53KB

(a)Name of Issuer

Item 1. (a)Name of Issuer John Hancock Investors Trust (b)Address of Issuer’s Principal Executive Offices 200 Berkeley Street Boston, MA 02116

(a)Name of Person Filing

Item 2. (a)Name of Person Filing 1607 Capital Partners, LLC (b)Address of Principal Business Office, or, if none, Residence 13 S. 13th Street, Suite 400 Richmond, Virginia 23219 (c)Citizenship Please refer to Item 4 on each cover sheet for each filing person (d)Title of Class of Securities Common Stock (e) CUSIP No.: 410142103 CUSIP No. 410142103 SCHEDULE 13G Page 4 of 6 Pages

If

Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: CUSIP No. 410142103 SCHEDULE 13G Page 5 of 6 Pages Item 4.Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 766,901 (b) Percent of class: 8.8% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 766,901 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 766,901 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5.Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the repor

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View this SC 13G filing on SEC EDGAR