John Hancock Income Securities (JHS) vs Western Asset Investment Grade Income Fund (PAI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
John Hancock Income Securities is the larger company by market cap ($118.1 million vs $107.5 million), about 1.1 times the size. On valuation, Western Asset Investment Grade Income Fund trades at a lower trailing P/E (12.4x vs 13.5x for John Hancock Income Securities). John Hancock Income Securities offers the higher dividend yield (6.01% vs 5.58%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | JHS | PAI |
|---|---|---|
| Share price | $10.14 | $11.30 |
| Market cap | $118.12M | $107.47M |
| 1-day change | +0.22% | -0.41% |
| YTD return | -13.58% | — |
| 1-year return | -14.02% | — |
| 5-year return | -35.62% | — |
| P/E ratio (TTM) | 13.52 | 12.42 |
| EPS (TTM) | $0.75 | $0.91 |
| Dividend yield | 6.01% | 5.58% |
| Annual dividend | $0.61 | $0.63 |
| 52-week high | $12.08 | $12.95 |
| 52-week low | $10.03 | $11.25 |
| Distance from 52-week high | -16.04% | -12.74% |
| Average volume | 10.80K | 18.73K |
| Shares outstanding | 11.65M | 9.51M |
| Sector | Finance | Finance |
| Industry | Finance Companies | Trusts Except Educational Religious and Charitable |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About John Hancock Income Securities
JHS stock →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.
Finance · Finance Companies
About Western Asset Investment Grade Income Fund
PAI stock →Western Asset Investment Grade Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company.
Finance · Trusts Except Educational Religious and Charitable
JHS vs PAI FAQ
Which is bigger, John Hancock Income Securities or Western Asset Investment Grade Income Fund?
John Hancock Income Securities (JHS) is larger, with a market capitalization of $118.12M compared with $107.47M for Western Asset Investment Grade Income Fund (PAI).
Which has the lower P/E ratio, JHS or PAI?
PAI has the lower trailing P/E at 12.4, versus 13.5 for JHS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, John Hancock Income Securities or Western Asset Investment Grade Income Fund?
John Hancock Income Securities has the higher yield at 6.01%, compared with 5.58% for Western Asset Investment Grade Income Fund.
Are John Hancock Income Securities and Western Asset Investment Grade Income Fund in the same industry?
Both are in the Finance sector, but in different industries: Finance Companies for John Hancock Income Securities and Trusts Except Educational Religious and Charitable for Western Asset Investment Grade Income Fund.