John Hancock Funds II NCSRS Certified semi-annual shareholder report (management investment company)

John Hancock Funds II N-CSRSCertified semi-annual shareholder report (management investment company)



STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT
COMPANIES
Investment Company Act file number 811-21779

JOHN HANCOCK FUNDS II
---------------------------------------------------------
(Exact name of registrant as specified in charter)

601 CONGRESS STREET, BOSTON, MA 02210-2805
-------------------------------------------------------------
(Address of principal executive offices) (Zip code)

MICHAEL J. LEARY, 601 CONGRESS STREET, BOSTON, MA 02210-2805
------------------------------------------------------------------------------------------
(Name and address of agent for service)

Registrant's telephone number, including area code: (617) 663-4490
--------------
Date of fiscal year end: 8/31

Date of reporting period: 2/28/10

ITEM 1. REPORTS TO STOCKHOLDERS.

The Registrant prepared four semiannual reports to shareholders for the period ended February 28, 2010. The first report applies to the Floating Rate Income Fund, the second report applies to the Optimized Value Fund, the third report applies to 9 Lifecycle Portfolios and the fourth report applies to 64 of the Registrant’s Funds.

A look at performance

For the period ended February 28, 2010


											SEC		SEC
											30-day		30-day
											yield		yield
											(%)		(%)
	Average annual returns (%)				Cumulative total returns (%)						(subsi-		(unsubsi-
	with maximum sales charge (POP)				with maximum sales charge (POP)						dized)		dized)¹

				Since					Since	as of		as of
	1-year	5-year	10-year	inception ²	6-months	1-year	5-year	10-year	inception ²	2-28-10		2-28-10
Class A	27.84	—	—	2.29	3.82	27.84	—	—	5.03	4.22		4.22
Class B	25.63	—	—	1.66	1.51	25.63	—	—	3.61	3.59		3.32
Class C	29.87	—	—	3.06	5.61	29.87	—	—	6.73	3.60		3.60
Class I³	32.16	—	—	4.12	7.22	32.16	—	—	9.12	4.74		4.68
Class 1³	32.33	—	—	4.15	7.15	32.33	—	—	9.18	4.80		4.80
Class NAV³	32.38	—	—	4.21	7.29	32.38	—	—	9.33	4.85		4.85

Performance figures assume all distributions are reinvested. Public offering price (POP) figures reflect maximum sales charges on Class A shares of 3%, and the applicable contingent deferred sales charge (CDSC) on Class B shares and Class C shares. The Class B shares’ CDSC declines annually between years 1 to 6 according to the following schedule: 5, 4, 3, 3, 2, 1%. No sales charge will be assessed after the sixth year. Class C shares held for less than one year are subject to a 1% CDSC. Sales charges are not applicable for Class I, Class 1 and Class NAV shares.

The expense ratios of the Fund, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Fund and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The net expenses are as follows: Class A — 1.20%, Class B — 1.95%, Class C — 1.95%, Class I — 0.85%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 1.23%, Class B — 3.86%, Class C — 2.09%, Class I — 0.95%. For the other classes, the net expenses equal the gross expenses and are as follows: Class 1 — 0.80%, Class NAV — 0.75%.

The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility, the Fund’s current performance may be higher or lower than the performance shown. For current to the most recent month end performance data, please call 1–800–225–5291 or visit the Fund’s Web site at www.jhfunds.com.

The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

The Fund’s performance results reflect any applicable expense reductions, without which the expenses increase and results would have been less favorable.

¹Unsubsidized yields reflect what the yield would have been without the effect of reimbursements and waivers.

²From January 2, 2008.

³For certain types of investors, as described in the Fund’s Class I, Class 1 and Class NAV share prospectuses.


6	Floating Rate Income Fund \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Floating Rate Income Fund Class A shares for the period indicated. For comparison, we’ve shown the same investment in the S&P/LSTA Leveraged Performing Loan Index.


	Period	Without sales	With maximum
	beginning	charge	sales charge	Index

Class B	1-2-08	$10,645	$10,361	$11,037

Class C²	1-2-08	10,673	10,673	11,037

Class I^2,3	1-2-08	10,912	10,912	11,037

Class 1^2,3	1-2-08	10,918	10,918	11,037

Class NAV^2,3	1-2-08	10,933	10,933	11,037

Assuming all distributions were reinvested for the period indicated, the table above shows the value of a $10,000 investment in the fund’s Class B, Class C, Class I, Class 1 and Class NAV shares, respectively, as of February 28, 2010. Performance of the classes will vary based on the difference in sales charges paid by shareholders investing in the different classes and the fee structure of those classes.

S&P/LSTA Leveraged Performing Loan Index is a subset of the S&P/LSTA leveraged loan index tracking returns in the leveraged loan market and capturing a broad cross-section of the U.S. leveraged loan market, including dollar-denominated, U.S.-syndicated loans to overseas issuers and excluding those in default.

It is not possible to invest directly in an index. Index figures do not reflect sales charges, which would have resulted in lower values if they did.

¹NAV represents net asset value and POP represents public offering price.

²The contingent deferred sales charge, if any, is not applicable.

³For certain types of investors, as described in the Fund’s Class I, Class 1 and Class NAV share prospectuses.


Semiannual report \| Floating Rate Income Fund	7

Your expenses

These examples are intended to help you understand your ongoing operating expenses.

Understanding fund expenses

As a shareholder of the Fund, you incur two types of costs:

▪ Transaction costs which include sales charges (loads) on purchases or redemptions (varies by share class), minimum account fee charge, etc.

▪ Ongoing operating expenses including management fees, distribution and service fees (if applicable), and other fund expenses.

We are going to present only your ongoing operating expenses here.

Actual expenses/actual returns

This example is intended to provide information about your fund’s actual ongoing operating expenses, and is based on your fund’s actual return. It assumes an account value of $1,000.00 on September 1, 2009 with the same investment held until February 28, 2010.


	Account value	Ending value	Expenses paid during year
	on 9-1-09	on 2-28-10	ended 2-28-10¹

Class A	$1,000.00	$1,070.30	$6.16

Class B	1,000.00	1,065.10	9.98

Class C	1,000.00	1,066.10	9.99

Class I	1,000.00	1,072.20	4.37

Class 1	1,000.00	1,071.50	3.95

Class NAV	1,000.00	1,072.90	3.70

Together with the value of your account, you may use this information to estimate the operating expenses that you paid over the period. Simply divide your account value at February 28, 2010, by $1,000.00, then multiply it by the “expenses paid” for your share class from the table above. For example, for an account value of $8,600.00, the operating expenses should be calculated as follows:


8	Floating Rate Income Fund \| Semiannual report

Hypothetical example for comparison purposes

This table allows you to compare your fund’s ongoing operating expenses with those of any other fund. It provides an example of the Fund’s hypothetical account values and hypothetical expenses based on each class’s actual expense ratio and an assumed 5% annualized return before expenses (which is not your fund’s actual return). It assumes an account value of $1,000.00 on September 1, 2009, with the same investment held until February 28, 2010. Look in any other fund shareholder report to find its hypothetical example and you will be able to compare these expenses.


	Account value	Ending value	Expenses paid during year
	on 9-1-09	on 2-28-10	ended 2-28-10¹

Class A	$1,000.00	$1,018.80	$6.01

Class B	1,000.00	1,015.10	9.74

Class C	1,000.00	1,015.10	9.74

Class I	1,000.00	1,020.60	4.26

Class 1	1,000.00	1,021.00	3.86

Class NAV	1,000.00	1,021.20	3.61

Remember, these examples do not include any transaction costs, therefore, these examples will not help you to determine the relative total costs of owning different funds. If transaction costs were included, your expenses would have been higher. See the prospectus for details regarding transaction costs.

¹Expenses are equal to the Fund’s annualized expense ratio of 1.20%, 1.95%, 1.95%, 0.85%, 0.77% and 0.72% for Class A, Class B, Class C, Class I, Class 1 and Class NAV shares, respectively, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).


Semiannual report \| Floating Rate Income Fund	9

Portfolio summary


Top 10 Issuers¹

Ford Motor Company	2.8%	Lyondell Chemical Company	2.2%

Harrah’s Operating Company, Inc.	2.4%	Panamsat Corp.	1.9%

HCA, Inc.	2.4%	First Data Corp.	1.8%

Charter Communications, Inc.	2.3%	Univision Communications, Inc.	1.8%

Community Health Systems, Inc.	2.3%	Energy Future Holdings Corp.	1.7%


Sector Composition^2,3

Consumer Discretionary	30%	Financials	6%

Health Care	15%	Energy	5%

Industrials	12%	Telecommunication Services	5%

Materials	8%	Consumer Staples	2%

Information Technology	7%	Short-Term Investments & Other	4%

Utilities	6%


Quality Distribution²

A	2%

BBB	2%

BB	43%

B	41%

CCC	4%

C	2%

Short-Term Investments & Other	6%

¹As a percentage of net assets on February 28, 2010. Excludes cash and cash equivalents.

²As a percentage of net assets on February 28, 2010.

³Sector investing is subject to greater risks than the market as a whole. Because the Fund may focus on particular sectors of the economy, its performance may depend on the performance of those sectors.


10	Floating Rate Income Fund \| Semiannual report

Fund’s investments


As of 2-28-10 (unaudited)


		Maturity
	Rate	date	Par value	Value
Corporate Bonds 10.67%				$152,652,510

(Cost $148,176,308)

Consumer Discretionary 0.23%				3,330,946

Hotels, Restaurants & Leisure 0.12%

Harrah’s Operating Company, Inc.	11.250%	06-01-17	$1,500,000	1,556,250

Station Casinos, Inc. (H)	7.750	08-15-16	1,596,000	231,420

Multiline Retail 0.06%

Neiman Marcus Group, Inc., PIK	9.000	10-15-15	859,935	847,036

Specialty Retail 0.05%

Blockbuster, Inc. (S)	11.750	10-01-14	967,000	696,240

Consumer Staples 0.01%				146,678

Food Products 0.01%

Dole Food Company, Inc. (S)	13.875	03-15-14	123,000	146,678

Energy 1.80%				25,792,425

Energy Equipment & Services 0.35%

Hercules Offshore LLC (S)	10.500	10-15-17	5,000,000	4,975,000

Oil, Gas & Consumable Fuels 1.45%

Chesapeake Energy Corp.	9.500	02-15-15	6,000,000	6,525,000

Murray Energy Corp. (S)	10.250	10-15-15	6,080,000	6,087,600

OPTI Canada, Inc. (S)	9.000	12-15-12	2,990,000	3,042,325

SandRidge Energy, Inc. (S)	9.875	05-15-16	5,000,000	5,162,500

Financials 3.06%				43,716,551

Consumer Finance 0.78%

Ford Motor Credit Company LLC	12.000	05-15-15	5,400,000	6,168,550

Ford Motor Credit Company LLC	7.500	08-01-12	5,000,000	5,020,955

Diversified Financial Services 1.65%

Citigroup, Inc.	8.500	05-22-19	4,750,000	5,481,296

Citigroup, Inc.	6.375	08-12-14	7,500,000	7,959,735

GMAC, Inc. (S)	8.300	02-12-15	10,000,000	10,087,500

Insurance 0.63%

American International Group, Inc.	5.050	10-01-15	10,650,000	8,998,515

Health Care 0.12%				1,690,000

Health Care Equipment & Supplies 0.12%

Universal Hospital Services, Inc. (P)	3.859	06-01-15	2,000,000	1,690,000

See notes to financial statements


Semiannual report \| Floating Rate Income Fund	11


		Maturity
	Rate	date	Par value	Value
Industrials 2.23%				$31,871,960

Airlines 0.78%

Continental Airlines, Inc.,
Series 1991-1, Class A	6.545%	02-02-19	$318,115	318,910

Continental Airlines, Inc., Series 01A2	6.503	06-15-11	1,030,000	1,045,450

Continental Airlines, Inc., Series 974A	6.900	01-02-18	1,146,810	1,136,775

Continental Airlines, Inc., Series B	9.250	05-10-17	2,500,000	2,525,000

United Air Lines, Inc.	10.400	11-01-16	1,990,000	2,104,425

United Air Lines, Inc.	9.750	01-15-17	3,830,000	3,992,775

Building Products 0.18%

Nortek, Inc.	11.000	12-01-13	2,511,111	2,636,667

Electrical Equipment 0.18%

NXP BV (P)	3.001	10-15-13	3,000,000	2,542,500

Road & Rail 1.09%

Kansas City Southern de Mexico SA de CV	9.375	05-01-12	1,022,000	1,052,660

RailAmerica, Inc.	9.250	07-01-17	13,842,000	14,516,798

Materials 1.35%				19,287,500

Chemicals 0.36%

Georgia Gulf Corp. (S)	9.000	01-15-17	5,000,000	5,187,500

Paper & Forest Products 0.99%

Appleton Papers, Inc. (S)	10.500	06-15-15	7,500,000	6,937,500

NewPage Corp.	11.375	12-31-14	7,500,000	7,162,500

Telecommunication Services 0.80%				11,540,000

Wireless Telecommunication Services 0.80%

iPCS, Inc. (P)	2.374	05-01-13	7,000,000	6,440,000

Sprint Capital Corp.	7.625	01-30-11	5,000,000	5,100,000

Utilities 1.07%				15,276,450

Independent Power Producers & Energy Traders 1.07%

Calpine Construction Finance Company LP (S)	8.000	06-01-16	7,000,000	7,087,500

Calpine Corp. (S)	7.250	10-15-17	8,508,000	8,188,950


Term Loans (M) 84.64%			$1,210,126,678

(Cost $1,147,385,979)

Consumer Discretionary 29.59%				422,999,733

Auto Components 1.40%

Allison Transmission, Inc.	2.750	08-07-14	15,219,987	13,938,175

Visteon Corp. (H)	5.250	12-13-13	5,500,000	6,067,875

Automobiles 2.43%

Adesa, Inc.	7.599	10-18-13	6,226,481	6,004,663

Ford Motor Company	3.259	12-16-13	30,697,931	28,676,995

Diversified Consumer Services 0.23%

Education Management Corp.	2.063	06-03-13	3,533,753	3,352,097

Hotels, Restaurants & Leisure 7.73%

CCM Merger, Inc.	8.500	07-12-12	14,592,434	14,379,633

Cedar Fair LP	4.229	08-30-14	4,925,910	4,881,272

See notes to financial statements


12	Floating Rate Income Fund \| Semiannual report


		Maturity
	Rate	date	Par value	Value
Hotels, Restaurants & Leisure (continued)

Cedar Fair LP (T)	—	06-13-12	$3,194,195	$3,165,250

Cedar Fair LP (T)	—	02-22-17	5,000,000	4,992,190

Golden Nugget, Inc.	3.233%	06-30-14	3,726,136	2,791,498

Harrah’s Operating Company, Inc.	9.500	10-31-16	11,000,000	10,969,442

Harrah’s Operating Company, Inc.	3.249	01-28-15	27,369,753	22,093,467

Las Vegas Sands LLC	2.010	05-23-14	23,782,105	20,680,514

Penn National Gaming, Inc.	1.984	10-03-12	4,224,255	4,136,602

QUIZNO’S Corp.	2.563	05-05-13	13,944,695	11,893,668

SugarHouse Gaming	11.250	09-23-14	6,250,000	6,218,750

Tropicana Entertainment	7.859	01-03-12	4,000,000	1,170,000

Venetian Macau	4.760	05-27-13	2,845,818	2,707,975

Venetian Macau	4.760	05-25-12	491,492	467,685

Internet & Catalog Retail 0.21%

Ticketmaster	7.000	07-25-14	2,914,286	2,928,857

Leisure Equipment & Products 0.57%

Amscan Holdings, Inc.	2.501	05-25-13	8,560,555	8,132,527

Media 12.78%

AMC Entertainment, Inc.	1.979	01-28-13	2,040,034	1,973,309

Cablevision Systems Corp.	6.450	03-29-13	7,002,085	6,804,059

Carmike Cinemas, Inc.	5.500	01-27-16	12,500,000	12,460,938

Charter Communications, Inc.	7.250	03-06-14	3,496,463	3,548,885

Charter Communications, Inc.	2.230	03-06-14	32,075,435	29,919,067

Cinemark, Inc.	2.006	04-29-16	1,979,540	1,956,280

Citadel Broadcasting Corp.	1.980	06-12-13	515,789	420,368

Citadel Broadcasting Corp.	1.980	06-12-14	17,838,053	14,741,884

CMP Susquehanna Corp.	2.250	05-05-13	1,399,845	1,101,503

Dex Media West, Inc.	7.500	10-24-14	9,955,681	9,492,742

DirecTV Holdings, Inc.	5.250	04-13-13	4,907,657	4,920,692

Idearc, Inc.	11.000	12-31-15	12,277,467	11,184,012

Idearc, Inc. (T)	—	12-31-14	4,000,000	2,073,732

Insight Midwest Holdings LLC	2.250	04-07-14	2,250,000	2,160,351

Lodgenet Entertainment Corp.	2.260	04-04-14	7,922,511	7,320,400

Metro-Goldwyn-Mayer, Inc. (H)	20.500	04-09-12	9,642,296	5,792,908

Newsday LLC	10.500	08-01-13	12,500,000	13,359,375

Nielsen Finance LLC	2.228	08-09-13	8,205,779	7,728,088

Regal Cinemas	4.001	10-28-13	4,350,937	4,352,447

Sinclair Television Group, Inc.	6.500	10-29-15	9,000,000	9,045,000

Tribune Company	5.000	06-04-10	2,462,857	1,473,316

Univision Communications, Inc.	2.501	09-29-14	29,875,000	25,683,179

UPC Broadband Holding NV	3.930	12-31-14	1,934,417	1,880,253

UPC Broadband Holding NV	2.180	12-30-16	3,565,583	3,376,903

Multiline Retail 2.64%

Dollar General Corp.	2.990	07-07-14	3,268,478	3,170,878

Michaels Stores, Inc.	4.769	07-31-16	9,930,104	9,459,804

Michaels Stores, Inc.	2.519	10-31-13	9,373,576	8,442,077

Neiman Marcus Group, Inc.	2.255	04-06-13	18,525,229	16,627,431

See notes to financial statements


Semiannual report \| Floating Rate Income Fund	13


		Maturity
	Rate	date	Par value	Value
Specialty Retail 1.29%

General Nutrition Center	2.500%	09-16-13	$11,503,190	$10,928,030

Petco Animal Supplies, Inc.	2.488	10-25-13	4,906,317	4,774,460

Sally Holdings LLC	2.480	11-15-13	2,791,651	2,737,314

Textiles, Apparel & Luxury Goods 0.31%

Hanesbrands, Inc.	5.250	12-10-15	2,000,000	2,015,000

Iconix, Inc.	2.490	01-02-12	2,488,116	2,425,913

Consumer Staples 1.49%				21,244,599

Food Products 1.49%

Bolthouse Farms, Inc.	9.500	02-11-16	11,500,000	11,402,974

Bolthouse Farms, Inc.	5.500	08-11-16	2,000,000	1,983,126

Dole Food Company, Inc.	7.987	04-12-13	4,856,999	4,856,999

Dole Food Company, Inc. (T)	—	03-02-17	3,000,000	3,001,500

Energy 3.24%				46,276,407

Energy Equipment & Services 0.58%

Hercules Offshore LLC	6.000	07-11-13	8,779,960	8,306,211

Oil, Gas & Consumable Fuels 2.66%

Ashmore Energy International	3.248	03-30-12	16,282,532	14,796,751

Enterprise GP Holdngs LP	2.491	10-31-14	1,979,798	1,953,401

SemGroup LP	0.519	11-27-13	7,000,000	6,932,919

Venoco, Inc.	4.250	05-08-14	15,362,501	14,287,125

Financials 2.70%				38,552,634

Diversified Financial Services 1.18%

Chrysler Financial	4.240	08-03-12	6,670,919	6,585,865

CIT Group, Inc.	13.000	01-20-12	9,900,000	10,234,125

Insurance 0.37%

Asurion Corp.	3.232	07-03-14	5,483,750	5,308,429

Real Estate Management & Development 1.15%

Realogy Corp.	13.500	10-15-17	5,000,000	5,437,500

Realogy Corp.	3.247	10-10-13	12,459,164	10,986,715

Health Care 15.21%				217,542,707

Health Care Equipment & Supplies 2.44%

Bausch & Lomb, Inc.	3.501	04-24-15	19,052,418	18,247,987

Biomet, Inc.	3.250	03-25-15	17,319,427	16,648,299

Health Care Providers & Services 10.37%

Alliance Healthcare Services, Inc.	5.500	06-01-16	5,000,000	4,976,040

Community Health Systems, Inc.	2.502	07-25-14	35,506,050	33,175,966

CRC Health Corp.	2.501	02-06-13	4,536,228	4,230,032

CRC Health Corp.	2.501	02-06-13	2,952,519	2,753,224

DaVita, Inc.	1.737	10-05-12	4,158,044	4,060,850

Fenwal, Inc.	2.502	02-28-14	13,223,534	11,493,459

Hanger Orthopedic Group, Inc.	2.230	05-28-13	4,917,081	4,806,447

HCA, Inc.	2.501	11-18-13	35,558,414	33,744,117

Health Management Associates, Inc.	2.001	02-28-14	16,471,829	15,522,410

Iasis Healthcare Corp.	2.229	03-14-14	11,897,790	11,327,684

Manor Care	2.729	12-22-14	8,846,492	8,404,167

See notes to financial statements


14	Floating Rate Income Fund \| Semiannual report


		Maturity
	Rate	date	Par value	Value
Health Care Providers & Services (continued)

Royalty Pharma	2.501%	04-16-13	$7,295,571	$7,188,327

Vanguard Health Systems, Inc.	5.000	01-29-16	6,650,000	6,658,313

Health Care Technology 0.28%

IMS Health, Inc. (T)	—	11-09-16	4,000,000	4,016,000

Pharmaceuticals 2.12%

Pharmaceutical Health Technologies	2.479	04-10-14	7,474,405	6,797,037

Warner Chilcott PLC	5.668	04-30-15	23,508,475	23,492,348

Industrials 10.09%				144,307,811

Aerospace & Defense 2.06%

Dubai Aerospace Enterprise	4.000	07-31-14	15,536,133	14,396,822

Hawker Beechcraft Corp., Inc.	2.235	03-26-14	14,780,005	10,877,167

Transdigm	2.249	06-23-13	4,285,000	4,173,860

Airlines 1.42%

Delta Air Lines, Inc.	8.750	09-27-13	1,995,000	2,005,972

Delta Air Lines, Inc.	2.251	04-30-12	9,335,657	8,057,839

United Air Lines, Inc.	2.250	02-03-14	12,675,170	10,251,044

Commercial Services & Supplies 5.27%

Affinion Group	2.731	10-17-12	7,941,374	7,707,104

Aramark Corp.	2.127	01-27-14	15,911,829	15,178,612

Brand Energy Services	2.563	02-07-14	8,103,955	7,529,928

Language Line, Inc.	5.500	11-04-15	8,000,000	8,025,000

Thomson Learning	2.750	07-03-14	21,337,171	18,504,064

US Investigations Services, Inc.	3.253	02-21-15	19,984,461	18,385,704

Containers & Packaging 0.45%

Graham Packaging Company, Inc.	6.750	04-05-14	6,381,710	6,409,151

Industrial Conglomerates 0.28%

Reynolds Group Escrow LLC	6.250	11-05-15	4,000,000	4,025,000

Professional Services 0.08%

Quebecor World, Inc.	2.251	01-17-13	1,171,195	1,124,348

Road & Rail 0.53%

Hertz Corp.	1.993	12-21-12	7,846,762	7,656,196

Information Technology 6.46%				92,372,463

Communications Equipment 0.77%

Telesat Canada	3.240	10-31-14	11,300,885	10,998,179

Semiconductors & Semiconductor Equipment 2.55%

Freescale Semiconductor, Inc.	12.500	12-15-14	10,229,950	10,502,752

Freescale Semiconductor, Inc.	1.979	12-01-16	10,363,957	9,538,084

Sensata Technologies	1.999	04-26-13	17,456,977	16,376,827

Software 3.14%

CGG	3.465	01-12-14	1,086,109	1,064,387

First Data Corp.	2.999	09-24-14	29,694,737	25,896,276

Sungard Data Systems, Inc.	3.873	02-26-16	16,054,144	15,641,328

Sungard Data Systems, Inc.	1.978	02-28-14	2,457,540	2,354,630

See notes to financial statements


Semiannual report \| Floating Rate Income Fund	15


		Maturity
	Rate	date	Par value	Value
Materials 6.95%				$99,321,285

Chemicals 2.78%

Ashland, Inc.	7.650%	05-13-14	$1,643,886	1,662,380

Lyondell Chemical Company (U)	13.000	04-06-10	6,751,396	7,026,515

Lyondell Chemical Company	5.793	04-06-10	7,738,090	8,078,566

Lyondell Chemical Company	5.797	12-20-13	24,138,051	17,017,326

Nalco Company	6.500	05-13-16	5,970,000	6,011,790

Containers & Packaging 1.91%

Berry Plastics Holding Company	2.254	04-03-15	16,831,500	15,059,514

Graphic Packaging, Inc.	3.000	05-16-14	6,168,936	6,049,838

Graphic Packaging, Inc.	2.250	05-16-14	6,339,490	6,146,135

Metals & Mining 1.00%

Norada Aluminum, Inc.	2.229	05-18-14	7,518,302	6,565,981

Novelis, Inc.	2.243	07-06-14	7,926,653	7,657,709

Paper & Forest Products 1.26%

Georgia Pacific LLC	3.502	12-24-14	5,269,079	5,257,224

Georgia Pacific LLC	2.256	12-24-12	10,155,166	9,917,789

Georgia Pacific LLC	2.242	12-20-12	2,939,222	2,870,518

Telecommunication Services 4.08%				58,407,316

Diversified Telecommunication Services 3.48%

Level 3 Communications, Inc.	11.500	03-13-14	4,000,000	4,322,500

Level 3 Communications, Inc.	2.501	03-13-14	10,500,000	9,460,941

Panamsat Corp.	2.731	06-30-13	28,949,414	27,520,037

Qwest Corp.	6.950	06-30-10	8,500,000	8,521,250

Wireless Telecommunication Services 0.60%

MetroPCS Wireless, Inc.	2.500	11-04-13	6,408,293	6,173,993

MetroPCS Wireless, Inc. (T)	—	11-04-13	2,500,000	2,408,595

Utilities 4.83%				69,101,723

Electric Utilities 2.94%

Energy Future Holdings Corp.	3.729	10-10-14	30,833,824	24,667,059

TXU Energy	3.729	10-10-14	21,554,274	17,332,330

Independent Power Producers & Energy Traders 1.89%

Calpine Corp.	3.135	03-29-14	12,746,695	11,962,709

NRG Energy, Inc.	1.996	02-01-13	15,694,277	15,139,625

			Shares	Value

Common Stocks 0.25%				$3,554,021

(Cost $3,714,770)

Consumer Discretionary 0.05%				638,232

Media 0.05%

SuperMedia, Inc. (I)			15,196	638,232

Energy 0.12%				1,765,725

Oil, Gas & Consumable Fuels 0.12%

Express Energy Services LLC (I)			117,715	1,765,725

See notes to financial statements


16	Floating Rate Income Fund \| Semiannual report


	Shares	Value
Industrials 0.01%		92,500

Building Products 0.01%

Nortek, Inc. (I)	2,500	92,500

Materials 0.07%		$1,057,564

Chemicals 0.07%

Georgia Gulf Corp. (I)	74,111	1,057,564

Short-Term Investments 7.33%		$104,800,000

(Cost $104,800,000)

	Par value	Value
Repurchase Agreements 7.33%
Bank Of America Tri-Party Repurchase Agreement dated 02-26-2010
at 0.08% to be repurchased at $33,873,226 on 03-01-2010,
collateralized by $34,336,000 U.S. Treasury Notes, 0.875% due
1/31/2011 (valued at $34,550,460, including interest)	$33,873,000	$33,873,000

Morgan Stanley Tri-Party Repurchase Agreement dated 02-26-2010
at 0.05% to be repurchased at $70,927,296 on 03-01-2010,
collateralized by $72,180,000 Federal Home Loan Mortgage Corp.,
1.50% due 3/30/2012 (valued at $72,408,305, including interest)	70,927,000	70,927,000




Total investments (Cost $1,404,077,057)† 102.89%	$1,471,133,209


Other assets and liabilities, net (2.89%)		($41,384,925)


Total net assets 100.00%	$1,429,748,284

The percentage shown for each investment category is the total value of that category as a percentage of the net assets of the Fund.

PIK Paid in Kind

(H) Defaulted Security. Currently, the issuer is in default with respect to interest payments.

(I) Non-income producing security.

(M) Term loans are variable rate obligations. The coupon rate shown represents the rate at period end unless the investment is unsettled.

(P) Variable rate obligation. The coupon rate shown represents the rate at period end.

(T) All or a portion of this position represents unsettled loan commitment. The coupon rate will be determined at time of settlement.

(U) All or a portion of this position represents unfunded loan commitment.

† At February 28, 2010, the aggregate cost of investment securities for federal income tax purposes was $1,407,789,188. Net unrealized appreciation aggregated $63,344,021, of which $78,440,100 related to appreciated investment securities and $15,096,079 related to depreciated investment securities.

See notes to financial statements


Semiannual report \| Floating Rate Income Fund	17

F I N A N C I A L S T A T E M E N T S

Financial statements

Statement of assets and liabilities 2-28-10 (unaudited)

This Statement of Assets and Liabilities is the Fund’s balance sheet. It shows the value of what the Fund owns, is due and owes. You’ll also find the net asset value and the maximum offering price per share.


Assets

Investments in unaffiliated issuers, at value (Cost $1,299,277,057)	$1,366,333,209
Repurchase agreements, at value (Cost $104,800,000) (Note 2)	104,800,000

Total investments, at value (Cost $1,404,077,057)	1,471,133,209

Cash	6,143,386
Receivable for investments sold	13,848,349
Receivable for fund shares sold	10,041,910
Interest receivable	9,951,381
Receivable for securities lending income	746
Other receivables and prepaid assets	60,309

Total assets	1,511,179,290

Liabilities

Payable for investments purchased	80,628,784
Payable for fund shares repurchased	440,085
Distributions payable	218,791
Payable to affiliates
Accounting and legal services fees	10,874
Transfer agent fees	36,930
Trustees’ fees	296
Management fees	10,753
Other liabilities and accrued expenses	84,493

Total liabilities	81,431,006

Net assets

Capital paid-in	$1,362,942,134
Accumulated distributions in excess of net investment income	(100,643)
Accumulated net realized loss on investments	(149,359)
Net unrealized appreciation on investments	67,056,152

Net assets	$1,429,748,284

See notes to financial statements


18	Floating Rate Income Fund \| Semiannual report

F I N A N C I A L S T A T E M E N T S

Statement of assets and liabilities (continued)


Net asset value per share

Based on net asset values and shares outstanding — the Fund has an
unlimited number of shares authorized with no par value
Class A ($173,251,737 ÷ 18,283,755 shares)	$9.48
Class B ($5,454,842 ÷ 575,833 shares)¹	$9.47
Class C ($47,758,164 ÷ 5,023,070 shares)¹	$9.51
Class I ($84,419,703 ÷ 8,918,871 shares)	$9.47
Class 1 ($109,175 ÷ 11,544 shares)	$9.46
Class NAV ($1,118,754,663 ÷ 118,173,348 shares)	$9.47

Maximum offering price per share

Class A (net asset value per share ÷ 97%)²	$9.77

¹Redemption price is equal to net asset value less any applicable contingent deferred sales charge.

²On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales the offering price is reduced.

See notes to financial statements


Semiannual report \| Floating Rate Income Fund	19

F I N A N C I A L S T A T E M E N T S

Statement of operations For the period ended 2-28-10 (unaudited)

This Statement of Operations summarizes the Fund’s investment income earned and expenses incurred in operating the Fund. It also shows net gains (losses) for the period stated.


Investment income

Interest	$45,344,460
Securities lending	6,578

Total investment income	45,351,038

Expenses

Investment management fees (Note 4)	4,378,656
Distribution and service fees (Note 4)	370,631
Accounting and legal services fees (Note 4)	85,730
Transfer agent fees (Note 4)	133,179
Trustees’ fees (Note 4)	7,214
State registration fees (Note 4)	16,920
Printing and postage fees (Note 4)	9,840
Professional fees	25,620
Custodian fees	84,142
Registration and filing fees	23,548
Other	5,753

Total expenses before reductions and amounts recaptured	5,141,233
Net expense reductions and amounts recaptured (Note 4)	20,753

Total expenses	5,161,986

Net investment income	40,189,052

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	17,599,949
Investments in affiliated issuers	(5,812)
	17,594,137
Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	29,426,443
Investments in affiliated issuers	(1,563)

	29,424,880

Net realized and unrealized gain	47,019,017

Increase in net assets from operations	$87,208,069

See notes to financial statements


20	Floating Rate Income Fund \| Semiannual report

F I N A N C I A L S T A T E M E N T S

Statements of changes in net assets

These Statements of Changes in Net Assets shows how the value of the Fund’s net assets has changed during the period. The difference reflects earnings less expenses, any investment gains and losses, distributions, if any, paid to shareholders and the net of Fund share transactions.


	Six months	Year
	ended	ended
	2-28-10	8-31-09

Increase (decrease) in net assets

From operations
Net investment income	$40,189,052	$47,994,090
Net realized gain (loss)	17,594,137	(16,329,126)
Change in net unrealized appreciation (depreciation)	29,424,880	46,855,398

Increase in net assets resulting from operations	87,208,069	78,520,362

Distributions to shareholders
From net investment income
Class A	(3,998,267)	(2,272,510)
Class B	(90,359)	(50,115)
Class C	(824,776)	(429,181)
Class I	(1,674,895)	(694,304)
Class 1	(3,472)	(6,417)
Class NAV	(34,894,949)	(44,954,646)
From net realized gain
Class A	—	(228)
Class B	—	(7)
Class C	—	(39)
Class I	—	(28)
Class 1	—	(2)
Class NAV	—	(12,024)

Total distributions	(41,486,718)	(48,419,501)

From Fund share transactions (Note 5)	246,112,115	583,851,148

Total increase	291,833,466	613,952,009

Net assets

Beginning of period	1,137,914,818	523,962,809

End of period	$1,429,748,284	$1,137,914,818

Undistributed (distributions in excess of) net
investment income	($100,643)	$1,197,023

See notes to financial statements


Semiannual report \| Floating Rate Income Fund	21

Financial highlights

The Financial Highlights show how the Fund’s net asset value for a share has changed since the beginning of the period.


CLASS A SHARES Period ended	2-28-10¹	8-31-09	8-31-08²
Per share operating performance

Net asset value, beginning of period	$9.13	$9.79	$10.00
Net investment income³	0.27	0.56	0.37
Net realized and unrealized gain (loss) on investments	0.36	(0.66)	(0.25)
Total from investment operations	0.63	(0.10)	0.12
Less distributions
From net investment income	(0.28)	(0.56)	(0.33)
From net realized gain	—	—⁴	—
Total distributions	(0.28)	(0.56)	(0.33)
Net asset value, end of period	$9.48	$9.13	$9.79
Total return (%)^5,6	7.03⁷	(0.07)	1.23⁷

Ratios and supplemental data

Net assets, end of period (in millions)	$173	$110	$11
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	1.18⁸	1.23	1.52⁸
Expenses including reductions and amounts recaptured	1.20^8,9	1.20	1.18⁸
Net investment income	5.90⁸	6.16	5.70⁸
Portfolio turnover (%)	37	36¹⁰	11

¹Semiannual period from 9-1-09 to 2-28-10. Unaudited.

²The inception date for Class A shares is 1-2-08.

³Based on the average daily shares outstanding.

⁴Less than ($0.005) per share.

⁵Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁶Assumes dividend reinvestment (if applicable).

⁷Not annualized.

⁸Annualized.

⁹Includes the impact of expense recapture which amounted to 0.02% of average net assets. See Note 4.

¹⁰The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

See notes to financial statements


22	Floating Rate Income Fund \| Semiannual report


CLASS B SHARES Period ended	2-28-10¹	8-31-09	8-31-08²
Per share operating performance

Net asset value, beginning of period	$9.13	$9.79	$10.00
Net investment income³	0.24	0.49	0.31
Net realized and unrealized gain (loss) on investments	0.35	(0.65)	(0.24)
Total from investment operations	0.59	(0.16)	0.07
Less distributions
From net investment income	(0.25)	(0.50)	(0.28)
From net realized gain	—	—⁴	—
Total distributions	(0.25)	(0.50)	(0.28)
Net asset value, end of period	$9.47	$9.13	$9.79
Total return (%)^5,6	6.51⁷	(0.80)	0.76⁷

Ratios and supplemental data

Net assets, end of period (in millions)	$5	$3	$1
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	2.11⁸	3.86	4.76⁸
Expenses including reductions and amounts recaptured	1.95^8,9	1.95	1.93⁸
Net investment income	5.08⁸	5.53	4.78⁸
Portfolio turnover (%)	37	36¹⁰	11

¹Semiannual period from 9-1-09 to 2-28-10. Unaudited.

²The inception date for Class B shares is 1-2-08.

³Based on the average daily shares outstanding.

⁴Less than ($0.005) per share.

⁵Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁶Assumes dividend reinvestment (if applicable).

⁷Not annualized.

⁸Annualized.

⁹Includes the impact of expense recapture which amounted to less than 0.005% of average net assets. See Note 4.


CLASS C SHARES Period ended	2-28-10¹	8-31-09	8-31-08²
Per share operating performance

Net asset value, beginning of period	$9.16	$9.80	$10.00
Net investment income³	0.24	0.47	0.32
Net realized and unrealized gain (loss) on investments	0.36	(0.62)	(0.24)
Total from investment operations	0.60	(0.15)	0.08
Less distributions
From net investment income	(0.25)	(0.49)	(0.28)
From net realized gain	—	—⁴	—
Total distributions	(0.25)	(0.49)	(0.28)
Net asset value, end of period	$9.51	$9.16	$9.80
Total return (%)^5,6	6.61⁷	(0.69)	0.81⁷

Ratios and supplemental data

Net assets, end of period (in millions)	$48	$23	$2
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	1.89⁸	2.09	2.32⁸
Expenses including reductions and amounts recaptured	1.95^8,9	1.95	1.95⁸
Net investment income	5.08⁸	5.39	4.96⁸
Portfolio turnover (%)	37	36¹⁰	11

¹Semiannual period from 9-1-09 to 2-28-10. Unaudited.

²The inception date for Class C shares is 1-2-08.

³Based on the average daily shares outstanding.

⁴Less than ($0.005) per share.

⁵Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁶Assumes dividend reinvestment (if applicable).

⁷Not annualized.

⁸Annualized.

⁹Includes the impact of expense recapture which amounted to 0.06% of average net assets. See Note 4.

See notes to financial statements


Semiannual report \| Floating Rate Income Fund	23


CLASS I SHARES Period ended	2-28-10¹	8-31-09	8-31-08²
Per share operating performance

Net asset value, beginning of period	$9.12	$9.79	$10.00
Net investment income³	0.29	0.60	0.37
Net realized and unrealized gain (loss) on investments	0.36	(0.68)	(0.22)
Total from investment operations	0.65	(0.08)	0.15
Less distributions
From net investment income	(0.30)	(0.59)	(0.36)
From net realized gain	—	—⁴	—
Total distributions	(0.30)	(0.59)	(0.36)
Net asset value, end of period	$9.47	$9.12	$9.79
Total return (%)^5,6	7.22⁷	0.25	1.52⁷

Ratios and supplemental data

Net assets, end of period (in millions)	$84	$40	$1
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	0.83⁸	0.95	4.48⁸
Expenses including reductions and amounts recaptured	0.85^8,9	0.85	0.82⁸
Net investment income	6.20⁸	6.36	5.78⁸
Portfolio turnover (%)	37	36¹⁰	11

¹Semiannual period from 9-1-09 to 2-28-10. Unaudited.

²The inception date for Class I shares is 1-2-08.

³Based on the average daily shares outstanding.

⁴Less than ($0.005) per share.

⁵Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁶Assumes dividend reinvestment (if applicable).

⁷Not annualized.

⁸Annualized.

⁹Includes the impact of expense recapture which amounted to 0.03% of average net assets. See Note 4.


CLASS 1 SHARES Period ended	2-28-10¹	8-31-09	8-31-08²
Per share operating performance

Net asset value, beginning of period	$9.12	$9.78	$10.00
Net investment income³	0.29	0.59	0.38
Net realized and unrealized gain (loss) on investments	0.35	(0.65)	(0.23)
Total from investment operations	0.64	(0.06)	(0.15)
Less distributions
From net investment income	(0.30)	(0.60)	(0.37)
From net realized gain	—	—⁴	—
Total distributions	(0.30)	(0.60)	(0.37)
Net asset value, end of period	$9.46	$9.12	$9.78
Total return (%)⁵	7.15^6,7	0.40	1.48⁶

Ratios and supplemental data

Net assets, end of period (in millions)	—⁸	—⁸	—⁸
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	0.78⁹	0.80	0.78⁹
Expenses including reductions and amounts recaptured	0.77⁹	0.80	0.78⁹
Net investment income	6.36⁹	7.13	5.83⁹
Portfolio turnover (%)	37	36¹⁰	11

¹Semiannual period from 9-1-09 to 2-28-10. Unaudited.

²The inception date for Class 1 shares is 1-2-08.

³Based on the average daily shares outstanding.

⁴Less than ($0.005) per share.

⁵Assumes dividend reinvestment (if applicable).

⁶Not annualized.

⁷Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁸Less than $500,000.

⁹Annualized.

See notes to financial statements


24	Floating Rate Income Fund \| Semiannual report


CLASS NAV Period ended	2-28-10¹	8-31-09	8-31-08²
Per share operating performance

Net asset value, beginning of period	$9.12	$9.79	$10.00
Net investment income³	0.30	0.60	0.40
Net realized and unrealized gain (loss) on investments	0.36	(0.67)	(0.24)
Total from investment operations	0.66	(0.07)	(0.16)
Less distributions
From net investment income	(0.31)	(0.60)	(0.37)
From net realized gain	—	—⁴	—
Total distributions	(0.31)	(0.60)	(0.37)
Net asset value, end of period	$9.47	$9.12	$9.79
Total return (%)⁵	7.29^6,7	0.31	1.59⁶

Ratios and supplemental data

Net assets, end of period (in millions)	$1,119	$962	$510
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	0.73⁸	0.75	0.75⁸
Expenses including reductions and amounts recaptured	0.72⁸	0.75	0.75⁸
Net investment income	6.42⁸	7.08	6.16⁸
Portfolio turnover (%)	37	36⁹	11

¹Semiannual period from 9-1-09 to 2-28-10. Unaudited.

²The inception date for Class NAV shares is 1-2-08.

³Based on the average daily shares outstanding.

⁴Less than ($0.005) per share.

⁵Assumes dividend reinvestment (if applicable).

⁶Not annualized.

⁷Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁸Annualized.

⁹The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

See notes to financial statements


Semiannual report \| Floating Rate Income Fund	25

Notes to financial statements
(unaudited)

Note 1 — Organization

John Hancock Floating Rate Income Fund (the Fund) is a non-diversified series of John Hancock Funds II (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the Fund is to seek a high level of current income.

The Fund may offer multiple classes of shares. The shares currently offered are detailed in the Statement of Assets and Liabilities. Class A, Class B and Class C shares are offered to all investors. Class I shares are offered to institutions and certain investors. Class 1 shares are offered only to certain affiliates of Manulife Financial Corporation (MFC). Class NAV shares are offered to the John Hancock Lifestyle and Lifecycle Funds, and other affiliated John Hancock funds. The Lifestyle and Lifecycle Funds are series of the Trust and operate as “funds of funds” that invest in other series of the Trust and certain other investments. Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, transfer agent fees, registration fees and printing and postage fees for each class may differ. Class B shares convert to Class A shares eight years after purchase.

Note 2 — Significant accounting policies

The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:

Security valuation. Investments are stated at value as of the close of the regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. 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 quoted prices in active markets for identical securities. Level 2 includes 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 techniques are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes significant unobservable input s when market prices are not readily available or reliable, including the Fund’s own assumptions in determining the fair value of investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the values by input classification of the Fund’s investments as of February 28, 2010, by major security category or type:


26	Floating Rate Income Fund \| Semiannual report


			LEVEL 2	LEVEL 3
	TOTAL MARKET		SIGNIFICANT	SIGNIFICANT
	VALUE AT	LEVEL 1	OBSERVABLE	UNOBSERVABLE
	2-28-10	QUOTED PRICE	INPUTS	INPUTS

Corporate Bonds
Consumer Discretionary	$3,330,946	—	$3,330,946	—
Consumer Staples	146,678	—	146,678	—
Energy	25,792,425	—	25,792,425	—
Financials	43,716,551	—	43,716,551	—
Health Care	1,690,000	—	1,690,000	—
Industrials	31,871,960	—	31,871,960	—
Materials	19,287,500	—	19,287,500	—
Telecommunication
Services	11,540,000	—	11,540,000	—
Utilities	15,276,450	—	15,276,450	—
Term Loans
Consumer Discretionary	422,999,733	—	422,999,733	—
Consumer Staples	21,244,599	—	21,244,599	—
Energy	46,276,407	—	46,276,407	—
Financials	38,552,634	—	38,552,634	—
Health Care	217,542,707	—	217,542,707	—
Industrials	144,307,811	—	144,307,811	—
Information Technology	92,372,463	—	92,372,463	—
Materials	99,321,285	—	99,321,285	—
Telecommunication
Services	58,407,316	—	58,407,316	—
Utilities	69,101,723	—	69,101,723	—
Common Stocks
Consumer Discretionary	638,232	$638,232	—	—
Energy	1,765,725	—	1,765,725	—
Industrials	92,500	—	92,500	—
Materials	1,057,564	1,057,564	—	—
Repurchase Agreement	104,800,000	—	104,800,000	—

Total investments
in securities	$1,471,133,209	$1,695,796	$1,469,437,413	—

The following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	PREFERRED STOCK

Balance as of 8/31/09	$1,968,862
Accrued discounts/premiums	—
Realized gain (loss)	—
Change in unrealized appreciation (depreciation)	(820,799)
Net purchases (sales)	(1,148,063)
Net transfers in and/out of Level 3	—
Balance as of 2/28/10	—


Semiannual report \| Floating Rate Income Fund	27

which utilizes both dealer-supplied and electronic data processing techniques, which take 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. Certain securities traded only in the over-the-counter market are valued at the last bid price quoted by brokers making markets in the securities at the close of trading. Certain short-term securities are valued at amortized cost.

Other portfolio securities and assets, where 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. Generally, trading in non-U.S. securities is substantially completed each day at various times prior to the close of trading on the NYSE. The values of non-U.S. securities, used in computing the net asset value of the Fund’s shares, are generally determined at these times. Significant market events that affect the values of non-U.S. securities may occur after the time when the valuation of the securities is generally determined and the close of the NYSE. During significant market events, these securities will be valued at fair value, as determined in good faith, following procedures established by the Board of Trustees.

Repurchase agreements. The Fund may enter into repurchase agreements. When a Fund enters into a repurchase agreement it receives collateral which 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. 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. Collateral for certain tri-party repurchase agreements is held at a third-party custodian bank in a segregated account for the benefit of the Fund.

Term loans. Floating rate loans are generally subject to legal or contractual restrictions on resale. The liquidity of floating rate loans, including the volume and frequency of secondary market trading in such loans, varies significantly over time and among individual floating rate loans. During periods of infrequent trading, valuing a floating rate loan can be more difficult and buying and selling a floating rate loan at an acceptable price can be more difficult and delayed. Difficulty in selling a floating rate loan can result in a loss. Fees associated with loan amendments are accrued daily. At February 28, 2010, the Fund had $2,341,451 in unfunded loan commitments outstanding.

Loan participations and assignments. A Fund’s ability to receive payments of principal and interest and other amounts in connection with loans (whether through participations, assignments or otherwise) will depend primarily on the financial condition of the borrower. A Fund’s failure to receive scheduled interest or principal payments on a term loan due to a default, bankruptcy or other reasons would adversely affect the Fund’s income and would likely reduce the value of its assets. Because many term loans are not rated by independent credit rating agencies, a decision to invest in a particular loan could depend exclusively on the subadviser’s credit analysis of the borrower and/or term loan agents. A Fund may have limited rights to enforce the terms of an underlying loan.

Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily net asset value calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation. Interest income includes coupon interest and amortization/accretion of discounts/premiums on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivables when the collection of all or a portion of interest has become doubtful.


28	Floating Rate Income Fund \| Semiannual report

Securities lending. The Fund may lend its securities to earn additional income. It receives and maintains cash collateral received from the borrower in an amount not less than the market value of the loaned securities. The Fund will invest its collateral in John Hancock Collateral Investment Trust (JHCIT), which is a non-stable value fund investing in short-term investments as part of the securities lending program. As a result, the Fund will receive the benefit of any gains and bear any losses generated by JHCIT. Although risk of the loss of the securities lent is mitigated by holding the collateral, the Fund could experience a delay in recovering its securities and a possible loss of income or value if the borrower fails to return the securities or if collateral investments decline in value. The Fund may receive compensation for lending its securities by retaining a portion of the return on the investment of the collateral.

Line of credit. The Fund may borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the custodian agreement, the custodian may loan money to a Fund to make properly authorized payments. The Fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian has a lien, security interest or security entitlement in any Fund property that is not segregated, to the maximum extent permitted by law for any overdraft.

In addition, the Fund and other affiliated funds have entered into an agreement with the custodian which enables them to participate in a $300 million unsecured committed line of credit. A commitment fee, payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund on a pro rata basis based on their relative average net assets. For the six months ended February 28, 2010, there were no significant borrowings under the line of credit by the Fund. Effective March 31, 2010, the amount of the line of credit changed to $200 million.

Expenses. The majority of expenses are directly attributable to an individual Fund. Expenses that are not readily attributable to a specific fund are allocated among all Funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the Funds’ relative assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.

Class allocations. Income, common expenses, and realized and unrealized gains (losses) are determined at the Fund level and allocated daily to each class of shares based on the net asset value of the class. Class-specific expenses, such as distribution and service (12b-1) fees, if any, transfer agent fees, state registration fees and printing and postage fees for all classes are calculated daily at the class level based on the appropriate net asset value of each class and the specific expense rates applicable to each class.

Federal income taxes. The Fund intends to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.

For federal income tax purposes, the Fund has a capital loss carryforward of $1,109,501 available to offset future net realized capital gains. The loss carryforward expires as follows: August 31, 2017 — $1,109,501.

As of August 31, 2009, the Fund had no uncertain tax positions that would require financial statement recognition, de-recognition or disclosure. The Fund’s federal tax return is subject to examination by the Internal Revenue Service for a period of three years.

Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-dividend date. The Fund generally declares dividends daily and pays them monthly. The Fund generally declares and pays capital gain


Semiannual report \| Floating Rate Income Fund	29

distributions, if any, at least annually. The tax character of distributions for the year ended August 31, 2009 was as follows:

Distributions paid by the Fund with respect to each series of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of expenses that may be applied differently to each class.

Such distributions, on a tax basis, are determined in conformity with income tax regulations, which may differ from accounting principles generally accepted in the United States of America. Material distributions in excess of tax basis earnings and profits, if any, are reported in the Fund’s financial statements as a return of capital.

Note 3 — Guarantees and indemnifications

Under the Fund’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts with service providers that contain general indemnification clauses. The Fund’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund that have not yet occurred.

Note 4 — Fees and transactions with affiliates

John Hancock Investment Management Services, LLC (the Adviser), serves as investment adviser for the Funds. John Hancock Funds, LLC (the Distributor), an affiliate of the Adviser, serves as principal underwriter of the Funds. The Adviser and the Distributor are indirect wholly owned subsidiaries of MFC.

Management fee. The Fund has an investment management contract with the Adviser under which the Fund pays a daily management fee to the Adviser equivalent, on an annual basis, to the sum of: (a) 0.70% of the first $1,100,000,000 of the Fund’s aggregate daily net assets, (b) 0.675% of the next $900,000,000 and (c) 0.65% of the Fund’s aggregate net assets in excess of $2,000,000,000. Aggregate net assets include the net assets of the Fund and Floating Rate Income Trust, a series of John Hancock Trust (JHT). The Adviser has a subadvisory agreement with Western Asset Management Company. The Fund is not responsible for payment of the subadvisory fees. The investment management fees incurred for the six months ended February 28, 2010 were equivalent to an annual effective rate of 0.69% of the Fund’s average daily net assets.

Expense Reimbursements. The Adviser has voluntarily agreed to waive a portion of its management fee if certain expenses of the Fund exceed 0.15% of average net assets. Expenses excluded from this waiver are taxes, portfolio brokerage commissions, interest, litigation and indemnification expenses, and extraordinary expenses not incurred in the ordinary course of the Fund’s business, advisory fees, Rule 12b-1 fees, transfer agency fees, blue sky fees, printing and postage fees, and fees under any agreements or plans of the Fund dealing with services for shareholders and others with beneficial interests in shares of the Fund. This expense reduction will continue in effect until terminated by the Adviser. The effective date of the voluntary waiver was January 1, 2010.


30	Floating Rate Income Fund \| Semiannual report

or reimbursements related to these agreements were $2,734 and $3,460 for Class B shares and Class I shares, respectively for the period ended February 28, 2010. The expense reimbursements and limits will continue in effect until December 31, 2010 and thereafter until terminated by the Adviser on notice to the Trust.

The Adviser has voluntarily agreed to waive a portion of its management fee for certain Funds of the Trust (the Participating Funds), including Floating Rate Income Fund. The waiver equals, on an annualized basis, 0.01% of that portion of the aggregate net assets of all the Participating Funds that exceeds $85 billion. The amount of the Reimbursement is calculated daily and allocated among all the Participating Funds in proportion to the daily net assets of each Fund. Accordingly, the expense reduction related to this agreement was $2,793.

Accounting and legal services. Pursuant to the investment management contract, the Fund reimburses the Adviser for all expenses associated with providing the administrative, financial, legal, accounting and recordkeeping services of the Fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports amongst other services. These expenses are allocated to each share class based on relative net assets at the time the expense was incurred. The accounting and legal services fees incurred for the six months ended February 28, 2010, amounted to an approximate annual rate of 0.02% of the Fund’s average daily net assets.

Distribution plans. The Fund has a distribution agreement with the Distributor. The Fund has adopted distribution plans with respect to Class A, Class B, Class C, Class I pursuant to Rule 12b-1 of the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the Fund. The following table shows the contractual rates of distribution fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the Fund’s shares.


Class	Distribution Fee (12b-1)

Class A	0.30%
Class B	1.00%
Class C	1.00%
Class 1	0.05%

Sales charges. Class A shares are assessed up-front sales charges, which resulted in payments to the Distributor amounting to $259,520 for the six months ended February 28, 2010, $48,125 was retained and used for printing prospectuses, advertising, sales literature and other purposes, $211,045 was paid as sales commissions to broker-dealers and $350 was paid as sales commissions to sales personnel of Signator Investors, Inc. (Signator Investors), a broker-dealer affiliate of the Adviser.

Class B and Class C shares are subject to contingent deferred sales charges (CDSC). Class B shares that are redeemed within six years of purchase are subject to CDSC, at declining rates, beginning at 5.00% of the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Class C shares that are redeemed within one year of purchase are subject to a 1.00% CDSC on the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Proceeds from CDSCs are used to compensate the Distributor for providing distribution-related services in connection with the sale of these shares. During the six months ended February 28, 2010, CDSCs amounts received by the Distributor amounted to $5,874 and $21,728 for Class B and Class C shares, respectively.

Affiliated share ownership. Affiliates of the Fund owned 11,544 shares of beneficial interest of Class 1 on February 28, 2010.


Semiannual report \| Floating Rate Income Fund	31

Transfer agent fees. The Fund has a transfer agent agreement with John Hancock Signature Services, Inc. (Signature Services or Transfer Agent), an affiliate of the Adviser. The transfer agent fees are made up of three components:

• The Fund pays a monthly transfer agent fee at an annual rate of 0.015% for Class A, Class B, Class C and Class I shares based on each class’s average daily net assets.

• The Fund pays a monthly fee based on an annual rate of $17.50 per shareholder account for Class A, Class B, Class C and Class I shares.

• In addition, Signature Services is reimbursed for certain out-of-pocket expenses.

The Fund receives earnings credits from its transfer agent as a result of uninvested cash balances. These credits are used to reduce a portion of the Fund’s transfer agent fees. During the six months ended February 28, 2010, the Fund’s transfer agent fees were reduced by $88 for transfer agent credits earned.

Small account fees. Certain investor accounts that maintain small balances are charged an annual small accounts fee by Signature Services. The amounts related to these fees are credited by Signature Services to the Fund. For the six months ended February 28, 2010, these fees totaled $780.

Class level expenses for the six months ended February 28, 2010 were:


	Distribution and	Transfer agent	State registration	Printing and
Share class	service fees	fees	fees	postage fees

Class A	$196,783	$85,760	$8,056	$5,590
Class B	17,213	4,390	2,102	134
Class C	156,609	20,241	3,990	1,262
Class I	—	22,788	2,772	2,854
Class 1	26	—	—	—
Total	$370,631	$133,179	$16,920	$9,840

Expense recapture. The Adviser may recapture operating expenses reimbursed or fees waived under previous expense limitation or waiver arrangements made subsequent to January 1, 2009, for a period of three years following the beginning of the month in which such reimbursements or waivers occurred. The table below outlines the amounts recovered during the six months ended February 28, 2010, and the amount of waived or reimbursed expenses subject to potential recovery and the respective expiration dates.


Amount recovered during	Amounts eligible for recovery
the period ended 2–28–10	through February 1, 2013

$30,608	$24,345

Trustee expenses. The Trust compensates each Trustee who is not an employee of the Adviser or its affiliates. The costs of paying Trustee compensation and expenses are allocated to each Fund based on its average daily net assets.


32	Floating Rate Income Fund \| Semiannual report

Note 5 — Fund share transactions

Transactions in Fund shares for the six months ended February 28, 2010 and for the year ended August 31, 2009 were as follows:


	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount
Class A shares

Sold	9,274,187	$87,217,588	13,256,906	$112,474,192
Distributions reinvested	368,484	3,457,351	205,132	1,763,255
Repurchased	(3,387,664)	(31,756,699)	(2,559,338)	(21,748,219)

Net increase	6,255,007	$58,918,240	10,902,700	$92,489,228

Class B shares

Sold	347,830	$3,270,363	307,142	$2,616,569
Distributions reinvested	7,060	66,191	4,272	36,035
Repurchased	(61,921)	(577,203)	(82,017)	(706,874)

Net increase	292,969	$2,759,351	229,397	$1,945,730

Class C shares

Sold	2,773,221	$26,191,312	3,834,786	$31,662,853
Distributions reinvested	65,444	616,248	34,380	293,518
Repurchased	(352,138)	(3,295,523)	(1,493,791)	(11,784,118)

Net increase	2,486,527	$23,512,037	2,375,375	$20,172,253

Class I shares

Sold	5,003,014	$47,130,632	4,537,790	$38,156,103
Distributions reinvested	145,015	1,359,958	60,304	529,058
Repurchased	(646,375)	(6,055,545)	(236,315)	(1,998,320)

Net increase	4,501,654	$42,435,045	4,361,779	$36,686,841

Class 1 shares

Distributions reinvested	371	3,472	796	6,419

Net increase	371	$3,472	796	$6,419

Class NAV shares

Sold	11,875,970	$110,278,566	52,232,638	$424,494,327
Distributions reinvested	3,725,201	34,889,180	5,526,484	44,957,932
Repurchased	(2,835,508)	(26,683,776)	(4,480,589)	(36,901,582)

Net increase	12,765,663	$118,483,970	53,278,533	$432,550,677

Net increase	26,302,191	$246,112,115	71,148,580	$583,851,148

Note 6 — Purchase and sale of securities

Purchases and sales of securities, other than short-term securities and U.S. Treasury obligations, aggregated $676,751,016 and $559,391,791, respectively for the six months ended February 28, 2010.

Note 7 — Investment by affiliated funds

Certain investors in the Fund are affiliated Funds and are managed by the Adviser and its affiliates. The affiliated Funds do not invest in the Fund for the purpose of exercising management or control; however, this investment may represent a significant portion of the Fund’s net assets. For the six months ended February 28, 2010, the Fund had an affiliate fund ownership concentration of 77.9% of the Fund’s net assets.


Semiannual report \| Floating Rate Income Fund	33

More information


Trustees	Investment adviser
James M. Oates, Chairman	John Hancock Investment Management
James R. Boyle†	Services, LLC
Grace K. Fey†
Charles L. Bardelis*	Subadviser
Peter S. Burgess*	Western Asset Management Company
Theron S. Hoffman
Hassell H. McClellan	Principal distributor
Steven M. Roberts*	John Hancock Funds, LLC
*Member of the Audit Committee
†Non-Independent Trustee	Custodian
	State Street Bank and Trust Company
Officers
Hugh McHaffie	Transfer agent
President	John Hancock Signature Services, Inc.

Thomas M. Kinzler	Legal counsel
Secretary and Chief Legal Officer	K&L Gates LLP

Francis V. Knox, Jr.	The report is certified under the Sarbanes-Oxley
Chief Compliance Officer	Act, which requires mutual funds and other public
	companies to affirm that, to the best of their
Michael J. Leary	knowledge, the information in their financial reports is
Treasurer	fairly and accurately stated in all material respects.

Charles A. Rizzo
Chief Financial Officer

John G. Vrysen
Chief Operating Officer

The Fund’s proxy voting policies and procedures, as well as the Fund’s proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) Web site at www.sec.gov or on our Web site.

The Fund’s complete list of portfolio holdings, for the first and third fiscal quarters, is filed with the SEC on Form N-Q. The Fund’s Form N-Q is available on our Web site and the SEC’s Web site, www.sec.gov, and can be reviewed and copied (for a fee) at the SEC’s Public Reference Room in Washington, DC. Call 1-800-SEC-0330 to receive information on the operation of the SEC’s Public Reference Room.

We make this information on your fund, as well as monthly portfolio holdings, and other fund details available on our Web site www.jhfunds.com or by calling 1-800-225-5291.


You can also contact us:
1-800-225-5291	Regular mail:	Express mail:
jhfunds.com	John Hancock Signature Services, Inc.	John Hancock Signature Services, Inc.
	P.O. Box 55913	Mutual Fund Image Operations
	Boston, MA 02205-5913	30 Dan Road
		Canton, MA 02021


34	Floating Rate Income Fund \| Semiannual report

1-800-225-5291
1-800-554-6713 TDD
1-800-338-8080 EASI-Line
www.jhfunds.com

Now available: electronic delivery
www.jhfunds.com/edelivery


This report is for the information of the shareholders of John Hancock Floating Rate Income Fund.	328SA 2/10
It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.	4/10

A look at performance

For the period ended February 28, 2010


	Average annual returns (%)				Cumulative total returns (%)
	with maximum sales charge (POP)				with maximum sales charge (POP)

	1-year	5-year	10-year	Since ¹ inception	6-months	1-year	5-year	10-year	Since ¹ inception

Class A²	53.97	—	—	5.16	5.66	53.97	—	—	24.63

Class I^2,3	63.20	—	—	7.22	11.55	63.20	—	—	35.64

Class 1³	63.26	—	—	7.26	11.58	63.26	—	—	35.89

Class NAv³	63.33	—	—	7.31	11.59	63.33	—	—	36.16

Performance figures assume all distributions are reinvested. Public offering price (POP) figures reflect maximum sales charges on Class A shares of 5%. Sales charges are not applicable for Class I, Class 1 and Class NAV shares.

The expense ratios of the Fund, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Fund and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The net expenses are as follows: Class A — 1.60%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 1.94%. For the other classes, the net expenses equal the gross expenses and are as follows: Class I — 1.16%, Class 1 — 1.11%, Class NAV — 1.06%.

The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

The Fund’s performance results reflect any applicable expense reductions, without which the expenses increase and results would have been less favorable.

¹From October 15, 2005.

²October 15, 2005 is the inception date for the oldest class of shares, Class NAV shares. The inception date for Class A shares and Class I shares is January 4, 2010. The returns prior to this date are those of Class NAV shares that have been recalculated to apply the gross fees and expenses of Class A and Class I shares.

³For certain types of investors, as described in the Fund’s Class I, Class 1 and Class NAV share prospectuses.


6	Natural Resources Fund \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Natural Resources Fund Class NAV shares for the period indicated. For comparison, we’ve shown the same investment in a blended index and three separate indexes.


	Period	Without sales	With maximum
	beginning	charge	sales charge	Index 1	Index 2	Index 3	Index 4

Class A³	10-15-05	$13,122	$12,463	$10,838	$16,229	$7,880	$12,236

Class I^2,3	10-15-05	13,564	13,564	10,838	16,229	7,880	12,236

Class 1²	10-15-05	13,589	13,589	10,838	16,229	7,880	12,236

Performance figures assume all distributions are reinvested. Figures reflect maximum sales charges on Class A shares of 5%. Sales charges are not applicable for Class I, Class 1 and Class NAV shares.

MSCI World Energy Index — Index 1 — consists of all the companies in the Energy sector of the MSCI World Index.

MSCI World Metals & Mining Index — Index 2 — consists of all the companies in the Metals & Mining industry of the MSCI World Index.

MSCI World Paper & Forest Products Index — Index 3 — consists of all the companies in the Paper & Forest industry of the MSCI World Index.

MSCI World Energy/MSCI World Metals & Mining/MSCI Paper & Forest Products Combined Index — Index 4 — is comprised of 60% MSCI World Energy Index, 30% MSCI World Metals & Mining Index and 10% MSCI World Paper & Forest Products Index.

The fund has added the returns of separate indexes to show the individual returns of broad-based securities market indexes.

It is not possible to invest directly in an index. Index figures do not reflect sales charges, which would have resulted in lower values if they did.

¹NAV represents net asset value.

²For certain types of investors, as described in the Fund’s Class I, Class 1 and Class NAV share prospectuses.

³October 15, 2005 is the inception date for the oldest class of shares, Class NAV shares. The inception date for Class A shares and Class I shares is January 4, 2010. The returns prior to this date are those of Class NAV shares that have been recalculated to apply the gross fees and expenses of Class A and Class I shares.

⁴Since inception returns for the index begin on the month end closest to the actual inception date of the fund.


Semiannual report \| Natural Resources Fund	7

Your expenses

These examples are intended to help you understand your ongoing operating expenses.

Understanding fund expenses

As a shareholder of the Fund, you incur two types of costs:

▪ Transaction costs which include sales charges (loads) on purchases or redemptions (varies by share class), minimum account fee charge, etc.

▪ Ongoing operating expenses including management fees, distribution and service fees (if applicable), and other fund expenses.

We are going to present only your ongoing operating expenses here.

Actual expenses/actual returns


	Account value	Ending value on	Expenses paid during
	on 9-1-09	2-28-10	period ended 2-28-10¹

Class 1	$1,000.00	$1,115.80	$5.88

Class NAV	1,000.00	1,115.90	5.61

For the classes noted below, the example assumes an account value of $1,000 on January 4, 2010 with the same investment held until February 28, 2010.


	Account value	Ending value on	Expenses paid during
	on 1-4-10	2-28-10	period ended 2-28-10²

Class A	$1,000.00	$939.60	$2.38

Class I	1,000.00	940.10	1.93


8	Natural Resources Fund \| Semiannual report

Hypothetical example for comparison purposes


	Account value	Ending value on	Expenses paid during
	on 9-1-09	2-28-10	period ended 2-28-10³

Class A	$1,000.00	$1,016.90	8.00

Class I	1,000.00	1,018.30	6.51

Class 1	1,000.00	1,019.20	5.61

Class NAV	1,000.00	1,019.50	5.36

¹Expenses are equal to the Fund’s annualized expense ratio of 1.12% and 1.07% for Class 1 and Class NAV, respectively, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

²Expenses are equal to the Fund’s annualized expense ratio of 1.60% and 1.30% for Class A and Class I, respectively, multiplied by the average account value over the period, multiplied by 56/365 (to reflect the period).

³Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).


Semiannual report \| Natural Resources Fund	9

Portfolio summary


Top 10 Holdings¹

Canadian Natural Resources, Ltd.	4.9%	Gazprom OAO	3.0%

Exxon Mobil Corp.	3.8%	Xstrata PLC	2.9%

EOG Resources, Inc.	3.4%	Rio Tinto PLC	2.7%

Vale SA	3.3%	CONSOL Energy, Inc.	2.7%

Suncor Energy, Inc.	3.2%	Total SA	2.7%


Sector Composition^2,3

Energy	68%	Utilities	2%

Materials	27%	Short-Term Investments & Other	3%

¹As a percentage of net assets on February 28, 2010. Excludes cash and cash equivalents.

²As a percentage of net assets on February 28, 2010.


10	Natural Resources Fund \| Semiannual report

Fund’s investments

As of 2-28-10 (unaudited)


	Shares	Value

Common Stocks 97.18%		$754,899,274

(Cost $709,835,557)

Energy 67.71%		525,979,702

Energy Equipment & Services 3.52%

Baker Hughes, Inc. (L)	321,100	15,387,112

Halliburton Company	396,402	11,951,520

Oil, Gas & Consumable Fuels 64.19%

BG Group PLC	649,750	11,342,581

BP PLC, SADR	295,327	15,714,350

Cameco Corp.	529,622	14,554,011

Canadian Natural Resources, Ltd.	566,333	38,150,240

Cenovus Energy, Inc.	430,354	10,511,403

Chesapeake Energy Corp.	726,600	19,305,762

ConocoPhillips	309,828	14,871,744

CONSOL Energy, Inc.	412,686	20,782,867

Denbury Resources, Inc. (I)(L)	793,400	11,171,072

Devon Energy Corp.	238,600	16,429,996

EnCana Corp.	430,354	14,106,548

Eni SpA SADR (L)	381,500	17,205,650

EOG Resources, Inc.	283,669	26,679,069

Exxon Mobil Corp. (L)	456,905	29,698,825

Gazprom OAO, SADR	1,046,884	23,305,843

Hess Corp.	248,700	14,623,560

Lukoil OAO, ADR (L)	140,627	7,382,918

Marathon Oil Corp.	416,109	12,046,356

Noble Energy, Inc. (L)	167,264	12,150,057

Peabody Energy Corp.	304,700	14,007,059

PetroChina Company, Ltd. (L)	101,900	11,404,648

Petroleo Brasileiro SA, ADR (L)	354,396	15,114,989

Reliance Industries, Ltd., GDR (L)(S)	217,762	9,241,188

Royal Dutch Shell PLC, ADR	157,769	8,636,275

Suncor Energy, Inc.	859,541	24,841,895

Talisman Energy, Inc.	781,698	14,286,307

The Williams Companies, Inc.	444,400	9,572,376

Total SA, SADR (L)	369,962	20,592,085

Ultra Petroleum Corp. (I)	163,400	7,472,282

Valero Energy Corp.	785,866	13,768,372

XTO Energy, Inc.	430,432	19,670,742

See notes to financial statements


Semiannual report \| Natural Resources Fund	11


		Shares	Value
Materials 27.49%			$213,548,434

Metals & Mining 25.48%

Alumina, Ltd.		10,318,902	14,012,216

Anglo American PLC (I)		291,913	10,644,769

Anglo Platinum, Ltd. (I)		219,497	20,342,854

AngloGold Ashanti, Ltd., SADR (L)		329,041	11,970,512

Barrick Gold Corp.		429,356	16,169,547

Gold Fields, Ltd.		569,145	6,533,245

Newcrest Mining, Ltd.		258,501	7,240,675

POSCO, SADR		134,900	15,575,554

Rio Tinto PLC, SADR (L)		100,900	20,967,020

Sumitomo Metal Industries, Ltd.		2,613,000	7,219,078

Vale SA, SADR (L)		1,056,004	25,977,698

Vedanta Resources PLC (L)		493,578	19,188,287

Xstrata PLC (I)		1,406,298	22,106,618

Paper & Forest Products 2.01%

International Paper Company		673,300	15,600,361

Utilities 1.98%			15,371,138

Gas Utilities 1.98%

EQT Corp.		351,260	15,371,138


Short-Term Investments 25.76%			$200,134,817
(Cost $200,132,982)
		Par value	Value
Repurchase Agreement 4.56%			$35,400,000
Bank of New York Tri-Party Repurchase Agreement date
02-26-2010 at 0.12% to be repurchased at $35,400,354
on 03-01-2010, collateralized by $36,204,184 Federal
National Mortgage Association, 4.50% due 09-01-2039
(valued at $36,108,001, including interest)		$35,400,000	35,400,000

		Shares	Value
Securities Lending Collateral 21.20%			$164,734,817
John Hancock Collateral Investment Trust (W)	0.1869% (Y)	16,456,860	164,734,817

Total investments (Cost $909,968,539)† 122.94%			$955,034,091

Other assets and liabilities, net (22.94%)			($178,175,662)

Total net assets 100.00%			$776,858,429

The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the Fund.

See notes to financial statements


12	Natural Resources Fund \| Semiannual report

Notes to Schedule of Investments

ADR American Depositary Receipts

GDR Global Depositary Receipt

SADR Sponsored American Depositary Receipts

(I) Non-income producing security.

(L) All or a portion of this security is on loan as of February 28, 2010.

(W) Investment is an affiliate of the Fund, the adviser and/or subadviser and represents the investment of securities lending collateral received.

(Y) The rate shown is the annualized seven-day yield as of February 28, 2010.

† At February 28, 2010, the aggregate cost of investment securities for federal income tax purposes was $919,953,032. Net unrealized appreciation aggregated $35,081,059, of which $87,356,334 related to appreciated investment securities and $52,275,275 related to depreciated investment securities.

See notes to financial statements


Semiannual report \| Natural Resources Fund	13

F I N A N C I A L S T A T E M E N TS

Financial statements

Statement of assets and liabilities 2-28-10 (unaudited)


Assets

Investments in unaffiliated issuers, at value (Cost $709,835,557) including
$164,449,936 of securities loaned (Note 2)	$754,899,274
Investments in affiliated issuers, at value (Cost $164,732,982) (Note 2)	164,734,817
Repurchase agreements, at value (Cost $35,400,000) (Note 2)	35,400,000

Total investments, at value (Cost $909,968,539)	955,034,091
Cash	13,701
Receivable for fund shares sold	1,117,103
Dividends and interest receivable	1,370,314
Receivable for securities lending income	18,428
Other receivables and prepaid assets	859

Total assets	957,554,496

Liabilities

Payable for investments purchased	15,754,380
Payable for fund shares repurchased	107,094
Payable upon return of securities loaned (Note 2)	164,703,197
Payable to affiliates
Accounting and legal services fees	4,287
Trustees’ fees	304
Other liabilities and accrued expenses	126,805

Total liabilities	180,696,067

Net assets

Capital paid-in	$762,912,899
Accumulated distributions in excess of net investment income	(44,970)
Accumulated net realized gain (loss) on investments and foreign
currency transactions	(31,077,049)
Net unrealized appreciation (depreciation) on investments and translation
of assets and liabilities in foreign currencies	45,067,549

Net assets	$776,858,429

See notes to financial statements


14	Natural Resources Fund \| Semiannual report

F I N A N C I A L S T A T E M E N TS

Statement of assets and liabilities (continued)


Net asset value per share

Based on net asset values and shares outstanding — the Fund has an
unlimited number of shares authorized with no par value
Class A ($340,616 ÷ 17,510 shares)	$19.45
Class I ($23,506 ÷ 1,208 shares)	$19.46
Class 1 ($169,502,637 ÷ 8,651,988 shares)	$19.59
Class NAV ($606,991,670 ÷ 31,187,257 shares)	$19.46

Maximum offering price per share

Class A (net asset value per share ÷ 95%)¹	$20.47

¹On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales, the offering price is reduced.

See notes to financial statements


Semiannual report \| Natural Resources Fund	15

F I N A N C I A L S T A T E M E N TS

Statement of operations For the period ended 2-28-10 (unaudited)

This Statement of Operations summarizes the Fund’s investment income earned and expenses incurred in operating the Fund. It also shows net gains (losses) for the period stated.


Investment income

Dividends	$5,519,041
Securities lending	160,769
Interest	13,157
Less foreign taxes withheld	(415,744)

Total investment income	5,277,223

Expenses

Investment management fees (Note 4)	3,787,061
Distribution and service fees (Note 4)	41,013
Accounting and legal services fees (Note 4)	50,705
Transfer agent fees (Note 4)	33
Trustees’ fees (Note 4)	4,404
State registration fees (Note 4)	20
Printing and postage fees	84
Professional fees	17,526
Custodian fees	157,356
Registration and filing fees	8,728
Other	3,930

Total expenses	4,070,860
Less expense reductions (Note 4)	(1,672)

Net expenses	4,069,188

Net investment income	1,208,035

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	13,953,261
Investments in affiliated issuers	(5,023)
Foreign currency transactions	27,924
	13,976,162
Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	63,296,425
Investments in affiliated issuers	1,071
Translation of assets and liabilities in foreign currencies	1,050
	63,298,546
Net realized and unrealized gain	77,274,708

Increase in net assets from operations	$78,482,743

See notes to financial statements


16	Natural Resources Fund \| Semiannual report

F I N A N C I A L S T A T E M E N TS

Statements of changes in net assets

These Statements of Changes in Net Assets shows how the value of the Fund’s net assets has changed during the last two periods. The difference reflects earnings less expenses, any investment gains and losses, distributions, if any, paid to shareholders and the net of Fund share transactions.


	Six months
	ended	Year
	2-28-10	ended
	(Unaudited)	8-31-09

Increase (decrease) in net assets

From operations
Net investment income	$1,208,035	$5,342,827
Net realized gain (loss)	13,976,162	(43,082,431)
Change in net unrealized appreciation (depreciation)	63,298,546	(102,199,200)

Increase (decrease) in net assets resulting from operations	78,482,743	(139,938,804)

Distributions to shareholders
From net investment income
Class 1	(998,904)	(903,381)
Class NAV	(3,812,968)	(3,140,924)
From net realized gain
Class 1	—	(28,207,156)
Class NAV	—	(90,071,704)

Total distributions	(4,811,872)	(122,323,165)

From Fund share transactions (Note 5)	34,699,263	259,991,565

Total increase (decrease)	108,370,134	(2,270,404)

Net assets

Beginning of period	668,488,295	670,758,699

End of period	$776,858,429	$668,488,295

Undistributed/Distributions in excess of
net investment income	($44,970)	$3,558,867

See notes to financial statements


Semiannual report \| Natural Resources Fund	17

Financial highlights

The Financial Highlights show how the Fund’s net asset value for a share has changed during the period.


CLASS A SHARES Period ended	2-28-10^1,2

Per share operating performance

Net asset value, beginning of period	$20.70
Net investment income³	0.02
Net realized and unrealized loss on investments	(1.27)
Total from investment operations	(1.25)
Net asset value, end of period	$19.45
Total return (%)⁶	(6.04)^4,5

Ratios and supplemental data

Net assets, end of period (in millions)	—⁷
Ratios (as a percentage of average net assets):
Expenses before reductions	1.95⁸
Expenses net of fee waivers	1.60⁸
Expenses net of fee waivers and credits	1.60⁸
Net investment income	0.54⁸
Portfolio turnover (%)	16

¹Unaudited.

²The inception date for Class A shares is 1-4-10.

³Based on the average daily shares outstanding.

⁴Not annualized.

⁵Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁶Assumes dividend reinvestment (if applicable).

⁷Less than $500,000.

⁸Annualized.


CLASS I SHARES Period ended	2-28-10^1,2

Per share operating performance

Net asset value, beginning of period	$20.70
Net realized and unrealized loss on investments	(1.24)
Total from investment operations	(1.24)
Net asset value, end of period	$19.46
Total return (%)⁵	(5.99)^3,4

Ratios and supplemental data

Net assets, end of period (in millions)	—⁶
Ratios (as a percentage of average net assets):
Expenses before reductions	2.26⁷
Expenses net of fee waivers	1.30⁷
Expenses net of fee waivers and credits	1.30⁷
Portfolio turnover (%)	16

¹Unaudited.

²The inception date for Class I shares is 1-4-10.

³Not annualized.

⁴Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁵Assumes dividend reinvestment (if applicable).

⁶Less than $500,000.

⁷Annualized.

See notes to financial statements


18	Natural Resources Fund \| Semiannual report


CLASS 1 SHARES Period ended	2-28-10¹	8-31-09	8-31-08	8-31-07	8-31-06²

Per share operating performance

Net asset value, beginning of period	$17.66	$35.15	$42.52	$35.71	$28.70
Net investment income³	0.03	0.18	0.18	0.22	0.34
Net realized and unrealized gain (loss) on investments	2.02	(11.42)	3.88	8.52	6.70
Total from investment operations	2.05	(11.24)	4.06	8.74	7.04
Less distributions
From net investment income	(0.12)	(0.19)	(0.23)	(0.34)	(0.03)
From net realized gain	—	(6.06)	(11.20)	(1.59)	—
Total distributions	(0.12)	(6.25)	(11.43)	(1.93)	(0.03)
Net asset value, end of period	$19.59	$17.66	$35.15	$42.52	$35.71
Total return (%)⁴	11.58^5,6	(27.25)	7.02	25.57	24.55⁵

Ratios and supplemental data

Net assets, end of period (in millions)	$170	$139	$171	$111	$81
Ratios (as a percentage of average net assets):
Expenses before reductions	1.12⁷	1.11	1.11	1.14	1.12⁷
Expenses net of fee waivers	1.12⁷	1.11	1.11	1.14	1.12⁷
Expenses net of fee waivers and credits	1.12⁷	1.11	1.11	1.14	1.12⁷
Net investment income	0.27⁷	1.06	0.44	0.58	1.13⁷
Portfolio turnover (%)	16	22⁸	34	54	71

¹Unaudited.

²The inception date for Class 1 shares is 10-15-05.

³Based on the average daily shares outstanding.

⁴Assumes dividend reinvestment (if applicable).

⁵Not annualized.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Annualized.

⁸The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


CLASS NAV Period ended	2-28-10¹	8-31-09	8-31-08	8-31-07	8-31-06²

Per share operating performance
Net asset value, beginning of period	$17.55	$35.01	$42.39	$35.60	$28.60
Net investment income³	0.03	0.18	0.19	0.24	0.33
Net realized and unrealized gain (loss) on investments	2.01	(11.37)	3.88	8.48	6.71
Total from investment operations	2.04	(11.19)	4.07	8.72	7.04
Less distributions
From net investment income	(0.13)	(0.21)	(0.25)	(0.34)	(0.04)
From net realized gain	—	(6.06)	(11.20)	(1.59)	—
Total distributions	(0.13)	(6.27)	(11.45)	(1.93)	(0.04)
Net asset value, end of period	$19.46	$17.55	$35.01	$42.39	$35.60
Total return (%)⁴	11.59^5,6	(27.20)	7.08	25.61	24.62⁵

Ratios and supplemental data

Net assets, end of period (in millions)	$607	$529	$500	$731	$692
Ratios (as a percentage of average net assets):
Expenses before reductions	1.07⁷	1.06	1.06	1.09	1.07⁷
Expenses net of fee waivers	1.07⁷	1.06	1.06	1.09	1.07⁷
Expenses net of fee waivers and credits	1.07⁷	1.06	1.06	1.09	1.07⁷
Net investment income	0.33⁷	1.10	0.45	0.64	1.11⁷
Portfolio turnover (%)	16	22⁸	34	54	71

¹Unaudited.

²The inception date for Class NAV shares is 10-15-05.

³Based on the average daily shares outstanding.

⁴Assumes dividend reinvestment (if applicable).

⁵Not annualized.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Annualized.

See notes to financial statements


Semiannual report \| Natural Resources Fund	19

Notes to financial statements
(unaudited)

Note 1 — Organization

John Hancock Natural Resources Fund (the Fund) is a non-diversified series of John Hancock Funds II (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the Fund is to seek long-term total return.

The Fund may offer multiple classes of shares. The shares currently offered are detailed in the Statement of Assets and Liabilities. Class A shares are offered to all investors. Class I shares are offered to institutions and certain investors. Class 1 shares are offered only to certain affiliates of Manulife Financial Corporation (MFC). Class NAV shares are offered to the John Hancock Lifestyle and Lifecycle Funds, and other affiliated John Hancock funds. The Lifestyle and Lifecycle Funds are series of the Trust and operate as “funds of funds” that invest in other series of the Trust and certain other investments. Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, transfer agent fees, registration fees and printing and postage fees for each class may differ.

The inception date for Class A and Class I shares is January 4, 2010.

Note 2 — Significant accounting policies

Security valuation. Investments are stated at value as of the close of the regular trading on the New York Stock Exchange (NYSE), normally at 4:00 p.m., Eastern Time. 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 quoted prices in active markets for identical securities. Level 2 includes 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 techniques are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes 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. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.


20	Natural Resources Fund \| Semiannual report

The following is a summary of the values by input classification of the Fund’s investments as of February 28, 2010, by major security category or type:


			LEVEL 2	LEVEL 3
	TOTAL MARKET		SIGNIFICANT	SIGNIFICANT
	VALUE AT	LEVEL 1	OBSERVABLE	UNOBSERVABLE
	2-28-10	QUOTED PRICE	INPUTS	INPUTS

Common Stocks

Energy	$525,979,702	482,090,090	43,889,612	—

Materials	213,548,434	106,260,692	107,287,742	—

Utilities	15,371,138	15,371,138	—	—
Short-Term Investments
& Other	200,134,817	164,734,817	35,400,000	—

Total investments in
securities	$955,034,091	768,456,737	186,577,354	—

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 principal securities exchange on which they trade. In the event there were no sales during the day or closing prices are not available, then securities are valued using the last quoted bid or evaluated price. Certain securities traded only in the over-the-counter market are valued at the last bid price quoted by brokers making markets in the securities at the close of trading. Certain short-term securities are valued at amortized cost. John Hancock Collateral Investment Trust (JHCIT), an affiliate of the Fund, is valued at its closing net asset value. JHCIT is a non stable value fund investing in short-term investments as part of a securities lending program.

Securities lending. A Fund may lend its securities to earn additional income. It receives and maintains cash collateral received from the borrower in an amount not less than the market value of the loaned securities. The Fund will invest its collateral in JHCIT, which is not a stable value fund. As a result, the


Semiannual report \| Natural Resources Fund	21

Fund will receive the benefit of any gains and bear any losses generated by JHCIT. Although risk of the loss of the securities lent is mitigated by holding the collateral, the Fund could experience a delay in recovering its securities and a possible loss of income or value if the borrower fails to return the securities or if collateral investments decline in value. The Fund may receive compensation for lending its securities by retaining a portion of the return on the investment of the collateral.

For federal income tax purposes, the Fund has a capital loss carryforward of $3,213,814 available to offset future net realized capital gains. The loss carryforward expires as follows: August 31, 2017 — $3,213,814.

Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-dividend date. The Fund generally declares and pays dividends and capital gain distributions, if any, at least annually. The tax character of distributions for the year ended August 31, 2009 was as follows:


	AUGUST 31, 2009

Ordinary Income	$8,780,904

Long-Term Capital Gain	$113,542,261


22	Natural Resources Fund \| Semiannual report

Note 3 — Guarantees and indemnifications

Note 4 — Fees and transactions with affiliates

John Hancock Investment Management Services, LLC (the Adviser) serves as investment adviser for the Trust. John Hancock Funds, LLC (the Distributor), an affiliate of the Adviser, serves as principal underwriter of the Trust. The Adviser and the Distributor are indirect wholly owned subsidiaries of Manulife Financial Corporation (MFC).

Management fee. The Fund has an investment management contract with the Adviser under which the Fund pays a daily management fee to the Adviser equivalent, on an annual basis, to the sum of: : (a) 1.05% of the first $50,000,000 of the Fund’s aggregate daily net assets and (b) 1.00% of the Fund’s aggregate daily net assets in excess of $50,000,000. Aggregate net assets include the net assets of the Fund and Natural Resources Trust, a series of John Hancock Trust. The Adviser has a subadvisory agreement with Wellington Management Company, LLP. The Fund is not responsible for payment of the subadvisory fees. The investment management fees incurred for the six months ended February 28, 2010 were equivalent to an annual effective rate of 1.00% of the Fund’s average daily net assets.

The Adviser has contractually agreed to limit the Fund’s total expenses, excluding transfer agent fees, distribution and service fees, brokerage commissions, interest and other extraordinary expenses not incurred in the ordinary course of the Fund’s business to 1.60% for Class A shares and 1.30% for Class I shares of the Fund’s average daily net asset value, on an annual basis. Accordingly, the expense reductions or reimbursements related to these agreements were $63 and $35 for Class A and Class I, respectively for the period ended February 28, 2010. The expense reimbursements and limits will continue in effect until December 31, 2010 and thereafter until terminated by the Adviser on notice to the Trust.

The Adviser has voluntarily agreed to waive a portion of its management fee for certain Funds of the Trust (the Participating Funds), including Natural Resources Fund. The waiver equals, on an annualized basis, 0.01% of that portion of the aggregate net assets of all the Participating Funds that exceeds $85 billion. The amount of the Reimbursement is calculated daily and allocated among all the Participating Funds in proportion to the daily net assets of each Fund. Accordingly, the expense reduction related to this agreement was $1,574.

Accounting and legal services. Pursuant to investment management contract, the Fund reimburses the Adviser for all expenses associated with providing the administrative, financial, legal, accounting and recordkeeping services of the Fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports amongst other services. These expenses are


Semiannual report \| Natural Resources Fund	23

allocated to each share class based on relative net assets at the time the expense was incurred. The accounting and legal services fees incurred for six months ended February 28, 2010, amounted to an approximate annual rate of 0.01% of the Fund’s average daily net assets.

Distribution plans. The Fund has a distribution agreement with the Distributor. The Fund has adopted distribution plans with respect to Class A and Class I, pursuant to Rule 12b-1 of the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the Fund. The following table shows the contractual rates of distribution and services fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the Fund’s shares.


	Distribution
Class	Fee (12b-1)

Class A	0.30%
Class 1	0.05%

Sales charges. Class A shares are assessed up-front sales charges, which resulted in payments to the Distributor amounting to $1,085 for the six months ended February 28, 2010, $175 was retained and used for printing prospectuses, advertising, sales literature and other purposes, $751 was paid as sales commissions to broker-dealers and $159 was paid as sales commissions to sales personnel of Signator Investors, Inc. (Signator Investors), a broker-dealer affiliate of the Adviser.

Affiliated share ownership. Affiliates of the Fund owned 1,208 and 1,208 shares of beneficial interest of Class A and Class I, respectively, on February 28, 2010.

Transfer agent fees. The Fund has a transfer agent agreement with John Hancock Signature Services, Inc. (“Signature Services” or “Transfer Agent”), an affiliate of the Adviser. The transfer agent fees are made up of three components:

• The Fund pays a monthly transfer agent fee at an annual rate of 0.05% for Classes A shares and 0.04% for Class I shares, based on each class’s average daily net assets.

• The Fund pays a monthly fee based on an annual rate of $16.50 per shareholder account for Class A and Class I.

• In addition, Signature Services is reimbursed for certain out-of-pocket expenses.


Class level expenses for the period ended February 28, 2010 were:
	Distribution	Transfer agent	State	Printing and
Class	and service fees	fees	registration fees	postage fees

Class A	$56	$28	$10	$56
Class I	—	5	10	28
Class 1	40,957	—	—	—
Total	$41,013	$33	$20	$84


Amount recovered during	Amounts eligible for recovery
the period ended 2–28–10	through February 1, 2013

—	$98


24	Natural Resources Fund \| Semiannual report

Note 5 — Fund share transactions

Transactions in Fund shares for the six months ended February 28, 2010 and for the year ended August 31, 2009 were as follows:


	Six months ended 2-28-10¹		Year ended 8-31-09

	Shares	Amount	Shares	Amount
Class A shares

Sold	17,852	$352,543	—	—
Repurchased	(342)	(6,822)	—	—

Net increase	17,510	$345,721	—	—

Class I shares

Sold	1,208	$25,000	—	—

Net increase	1,208	$25,000	—	—

Class 1 shares

Sold	1,152,199	$23,709,071	2,207,942	$36,500,607
Distributions reinvested	48,775	998,904	2,086,777	29,110,537
Repurchased	(422,080)	(8,222,402)	(1,288,566)	(24,276,561)

Net increase	778,894	$16,485,573	3,006,153	$41,334,583

Class NAV shares

Distributions reinvested	3,091,560	$59,662,465	12,644,849	$187,071,901
Distributions reinvested	187,461	3,812,968	6,725,298	93,212,628
Repurchased	(2,253,702)	(45,632,464)	(3,479,311)	(61,627,547)

Net increase	1,025,319	$17,842,969	15,890,836	$218,656,982

Net increase	1,822,931	$34,699,263	18,896,989	$259,991,565

¹The inception date for Class A and Class I shares is 1-4-10.

Note 6 — Purchase and sale of securities

Purchases and sales of securities, other than short-term securities and U.S. Treasury obligations, aggregated $144,421,579 and $116,594,445, respectively for the six months ended February 28, 2010.

Note 7 — Investment by affiliated funds


Semiannual report \| Natural Resources Fund	25

More information


Trustees	Investment adviser
James M. Oates, Chairman	John Hancock Investment Management
James R. Boyle†	Services, LLC
Grace K. Fey†
Charles L. Bardelis*	Subadviser
Peter S. Burgess*	Wellington Management Company, LLP
Theron S. Hoffman
Hassell H. McClellan	Principal distributor
Steven M. Roberts*	John Hancock Funds, LLC
*Member of the Audit Committee
†Non-Independent Trustee	Custodian
	State Street Bank and Trust Company
Officers
Hugh McHaffie	Transfer agent
President	John Hancock Signature Services, Inc.

Thomas M. Kinzler	Legal counsel
Secretary and Chief Legal Officer	K&L Gates LLP

Francis V. Knox, Jr.	The report is certified under the Sarbanes-Oxley
Chief Compliance Officer	Act, which requires mutual funds and other public
	companies to affirm that, to the best of their
Michael J. Leary	knowledge, the information in their financial reports
Treasurer	is fairly and accurately stated in all material respects.

Charles A. Rizzo
Chief Financial Officer

John G. Vrysen
Chief Operating Officer

We make this information on your fund, as well as monthly portfolio holdings, and other fund details available on our Web site www.jhfunds.com or by calling 1-800-225-5291.


You can also contact us:
1-800-225-5291	Regular mail:	Express mail:
jhfunds.com	John Hancock Signature Services, Inc.	John Hancock Signature Services, Inc.
	P.O. Box 55913	Mutual Fund Image Operations
	Boston, MA 02205-5913	30 Dan Road
		Canton, MA 02021


26	Natural Resources Fund \| Semiannual report

1-800-225-5291
1-800-554-6713 TDD
1-800-338-8080 EASI-Line
www.jhfunds.com

Now available: electronic delivery
www.jhfunds.com/edelivery


This report is for the information of the shareholders of John Hancock Natural Resources Fund.	354SA 2/10
It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.	4/10

A look at performance

For the period ended February 28, 2010


											SEC		SEC
											30-day		30-day
											yield		yield
											(%)		(%)
	Average annual returns (%)				Cumulative total returns (%)						(subsi-		(unsubsi-
	with maximum sales charge (POP)				with maximum sales charge (POP)						dized)		dized)¹

	1-year	5-year	10-year	Since inception ²	6-months	1-year	5-year	10-year	Since inception ²	as of 2-28-10		as of 2-28-10

Class A³	26.29	—	—	5.61	4.90	26.29	—	—	23.29	6.53		6.42

Class C³	29.41	—	—	5.40	8.07	29.41	—	—	22.35	6.17		6.13

Class I^3,4	33.14	—	—	7.69	10.15	33.14	—	—	32.88	7.04		6.95

Class NAV⁴	33.20	—	—	7.76	10.15	33.20	—	—	33.24	7.21		7.20

Performance figures assume all distributions are reinvested. Public offering price (POP) figures reflect maximum sales charges on Class A shares of 5%, and the applicable contingent deferred sales charge (CDSC) on Class C shares. Sales charge is not applicable for Class I and Class NAV shares.

The expense ratios of the Fund, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Fund and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The net expenses are as follows: Class A — 1.17%, Class C — 1.87%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A �� 1.64%, Class C — 3.04%. For all other classes, the net expenses equal the gross expenses and are as follows: Class I — 0.86%, Class NAV — 0.76%.

The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

The Fund’s performance results reflect any applicable expense reductions, without which the expenses increase and results would have been less favorable.

¹Unsubsidized yields reflect what the yields would have been without the effect of reimbursements and waivers.

²From April 28, 2006.

³April 28, 2006, is the inception date for the oldest class of shares, Class NAV shares. The inception date for Class A shares, Class C shares and Class I shares is January 4, 2010. The returns prior to this date are those of Class NAV shares that have been recalculated to apply the gross fees and expenses of Class A, Class C and Class I shares, respectively.

⁴For certain types of investors, as described in the Fund’s Class I and Class NAV share prospectuses.


6	Strategic Income Opportunities Fund \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Strategic Income Opportunities Fund Class NAV shares for the period indicated. For comparison, we’ve shown the same investment in the Barclays Capital U.S. Aggregate Bond Index.


	Period	Without sales	With maximum
	beginning	charge	sales charge	Index

Class A²	4-28-06	$12,910	$12,329	$12,785

Class C²	4-28-06	12,235	12,235	12,785

Class I^2,3	4-28-06	13,288	13,288	12,785

Assuming all distributions were reinvested for the period indicated, the table above shows the value of $10,000 investment in the Fund’s Class A, Class C and Class I shares, respectively, as of February 28, 2010. Performance of the classes will vary based on the difference in sales charges paid by shareholders investing in different classes and the fee structure of those classes.

Barclays Capital U.S. Aggregate Bond Index is an unmanaged index of dollar-denominated and non-convertible investment grade debt issue.

It is not possible to invest directly in an index. Index figures do not reflect sales charges, which would have resulted in lower values if they did.

¹NAV represents net asset value.

²April 28, 2006, is the inception date for the oldest class of shares, Class NAV shares. The inception date for Class A shares, Class C shares and Class I shares is January 4, 2010. The returns prior to this date are those of Class NAV shares that have been recalculated to apply the gross fees and expenses of Class A, Class C and Class I shares, respectively.

³For certain types of investors, as described in the Fund’s Class I and Class NAV share prospectuses.


Semiannual report \| Strategic Income Opportunities Fund	7

Your expenses

These examples are intended to help you understand your ongoing operating expenses.

Understanding fund expenses

As a shareholder of the Fund, you incur two types of costs:

■ Transaction costs which include sales charges (loads) on purchases or redemptions (varies by share class), minimum account fee charge, etc.

■ Ongoing operating expenses including management fees, distribution and service fees (if applicable), and other fund expenses.

We are going to present only your ongoing operating expenses here.

Actual expenses/actual returns


	Account value	Ending value	Expenses paid during year
	on 9-1-09	on 2-28-10	ended 2-28-10¹


Class NAV	$1,000.00	$1,101.50	$4.17

For the classes noted below, the example assumes an account value of $1,000 on January 4, 2010 with the same investment held until February 28, 2010.


	Account value	Ending value	Expenses paid during year
	on 1-4-10	on 2-28-10	ended 2-28-10²

Class A	$1,000.00	$1,019.50	$1.86

Class C	1,000.00	1,017.10	2.92

Class I	1,000.00	1,019.80	1.44


8	Strategic Income Opportunities Fund \| Semiannual report

Hypothetical example for comparison purposes


	Account value	Ending value	Expenses paid during year
	on 9-1-09	on 2-28-10	ended 2-28-10³

Class A	$1,000.00	$1,018.80	$6.01

Class C	1,000.00	1,015.40	9.44

Class I	1,000.00	1,020.20	4.66

Class NAV	1,000.00	1,020.80	4.01

¹Expenses are equal to the Fund’s annualized expense ratio of 0.80% for Class NAV, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

²Expenses are equal to the Fund’s annualized expense ratio of 1.20%, 1.89% and 0.93% for Class A, Class C and Class I respectively, multiplied by the average account value over the period, multiplied by 56/365 (to reflect the period).

³Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).


Semiannual report \| Strategic Income Opportunities Fund	9

Portfolio summary


Portfolio Composition¹

Corporate Bonds	52%	Convertible Bonds	3%

Foreign Government Obligations	18%	Common Stocks	3%

Collateralized Mortgage Obligations	7%	Preferred Stocks	2%

Supranational Obligations	5%	Short-Term Investments & Other	7%

Term Loans	3%


Sector Composition^1,2

Consumer Discretionary	22%	Telecommunication Services	6%

Foreign Government Obligations	18%	Supranational Obligations	5%

Financials	12%	Energy	5%

Collateralized Mortgage Obligations	7%	Consumer Staples	2%

Industrials	7%	Health Care	2%

Materials	7%	Short-Term Investments & Other	7%


Quality Composition¹

AAA	21%	BB	12%

AA	4%	B	21%

A	8%	CCC	16%

BBB	9%	Short-Term Investments & Other	9%

¹As a percentage of net assets on Feburary 28, 2010.

²Sector investing is subject to greater risks than the market as a whole. Because the Fund may focus on particular sectors of the economy, its performance may depend on the performance of these sectors.


10	Strategic Income Opportunities Fund \| Semiannual report

Fund’s investments

As of 2-28-10 (unaudited)


		Maturity
	Rate	date	Par value	Value

Corporate Bonds 52.37%				$282,651,415

(Cost $275,544,293)

Consumer Discretionary 16.11%				86,930,530

Auto Components 2.17%

Allison Transmission, Inc. (S)	11.000%	11-01-15	$2,900,000	3,008,737

Allison Transmission, Inc., PIK (S)	11.250	11-01-15	2,109,400	2,183,229

Exide Technologies, Series B	10.500	03-15-13	2,025,000	1,969,313

Goodyear Tire & Rubber Company	10.500	05-15-16	325,000	350,188

Lear Corp., Series B (H)	8.750	12-01-16	940,000	14,100

Tenneco, Inc.	8.625	11-15-14	3,690,000	3,625,425

The Goodyear Tire & Rubber Company	8.625	12-01-11	530,000	549,875

Auto Manufacturers 0.16%

Volvo Treasury AB (S)	5.950	04-01-15	850,000	872,639

Automobiles 0.06%

TRW Automotive, Inc. (S)	8.875	12-01-17	340,000	342,550

Hotels, Restaurants & Leisure 4.82%

Choctaw Resort Development Enterprise (S)	7.250	11-15-19	226,000	153,680

Chukchansi Economic Development
Authority (S)	8.000	11-15-13	1,445,000	1,170,450

Fontainebleau Las Vegas Holdings LLC (H)(S)	10.250	06-15-15	1,295,000	13,759

Great Canadian Gaming Corp. (S)	7.250	02-15-15	1,570,000	1,546,450

Greektown Holdings LLC (H)(S)	10.750	12-01-13	4,029,000	241,740

HRP Myrtle Beach Operations LLC (H)(S)	10.070	04-01-12	1,685,000	—

Jacobs Entertainment, Inc.	9.750	06-15-14	2,425,000	2,237,063

Landry’s Restaurants, Inc. (S)	11.625	12-01-15	790,000	825,550

Little Traverse Bay Bands of Odawa Indians (H)(S)	10.250	02-15-14	1,415,000	357,288

Majestic Star Casino LLC (H)	9.500	10-15-10	1,360,000	899,300

Marquee Holdings, Inc.	12.000	08-15-14	1,380,000	1,162,650

Mashantucket Western Pequot Tribe, Series
A (H)(S)	8.500	11-15-15	2,015,000	523,900

Mohegan Tribal Gaming Authority (S)	11.500	11-01-17	255,000	265,200

Mohegan Tribal Gaming Authority	8.000	04-01-12	3,355,000	2,969,175

Mohegan Tribal Gaming Authority	7.125	08-15-14	3,800,000	2,812,000

MTR Gaming Group, Inc. (S)	12.625	07-15-14	2,345,000	2,262,925

MTR Gaming Group, Inc., Series B	9.000	06-01-12	2,995,000	2,366,050

Pokagon Gaming Authority (S)	10.375	06-15-14	954,000	992,160

Snoqualmie Entertainment Authority (S)	9.125	02-01-15	1,020,000	703,800

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	11


		Maturity
	Rate	date	Par value	Value
Hotels, Restaurants & Leisure (continued)

Turning Stone Resort Casino Enterprises (S)	9.125%	09-15-14	$2,465,000	$2,465,000

Waterford Gaming LLC (S)	8.625	09-15-14	2,115,000	1,152,675

Yonkers Racing Corp. (S)	11.375	07-15-16	860,000	907,300

Household Durables 0.06%

Standard Pacific Corp.	6.250	04-01-14	340,000	306,000

Media 8.05%

AMC Entertainment, Inc.	8.750	06-01-19	765,000	789,863

AMC Entertainment, Inc.	8.000	03-01-14	2,755,000	2,713,675

Cablevision Systems Corp. (S)	8.625	09-15-17	1,630,000	1,678,900

Canadian Satellite Radio Holdings, Inc.	1.500	02-15-16	132,650	46,654

CCH II LLC (S)	13.500	11-30-16	4,818,017	5,643,102

CCO Holdings LLC	8.750	11-15-13	1,100,000	1,116,500

Cinemark USA, Inc.	8.625	06-15-19	500,000	520,000

Clear Channel Communications, Inc.	10.750	08-01-16	3,980,000	3,044,700

Clear Channel Communications, Inc., PIK	11.000	08-01-16	1,360,493	925,135

Comcast Corp.	4.950	06-15-16	805,000	838,306

CSC Holdings, Inc. (S)	8.500	06-15-15	1,450,000	1,522,500

DirecTV Holdings LLC (S)	5.875	10-01-19	780,000	817,907

Idearc, Inc. (H)	8.000	11-15-16	2,015,000	35,263

Mediacom Broadband LLC	8.500	10-15-15	75,000	75,750

Nexstar Broadcasting, Inc., PIK (S)	7.000	01-15-14	696,511	546,761

Nexstar Finance, Inc.	7.000	01-15-14	230,000	180,550

Radio One, Inc.	8.875	07-01-11	200,000	176,000

Radio One, Inc.	6.375	02-15-13	225,000	178,031

Regal Cinemas Corp.	8.625	07-15-19	295,000	307,906

Shaw Communications, Inc. (CAD)	6.500	06-02-14	1,110,000	1,177,368

Shaw Communications, Inc. (CAD)	5.700	03-02-17	610,000	616,244

Sirius XM Radio, Inc.	9.625	08-01-13	$5,180,000	5,244,750

Vertis, Inc., Series A, PIK	18.500	10-01-12	1,500,371	1,350,334

Videotron Ltee (CAD) (S)	7.125	01-15-20	1,475,000	1,445,520

XM Satellite Radio, Inc. (S)	13.000	08-01-13	$4,615,000	5,053,425

XM Satellite Radio, Inc. (S)	11.250	06-15-13	2,385,000	2,540,025

XM Satellite Radio, Inc. (S)	7.000	12-01-14	5,080,000	4,861,560

Young Broadcasting, Inc. (H)	10.000	03-01-11	1,790,000	12,530

Multiline Retail 0.47%

Michaels Stores, Inc.	11.375	11-01-16	2,100,000	2,110,500

Michaels Stores, Inc.	10.000	11-01-14	400,000	406,000

Personal Products 0.08%

Revlon Consumer Products Corp. (S)	9.750	11-15-15	400,000	411,000

Specialty Retail 0.09%

Toys R Us Property Company LLC (S)	8.500	12-01-17	495,000	499,950

Textiles, Apparel & Luxury Goods 0.15%

Burlington Coat Factory Warehouse Corp.	11.125	04-15-14	780,000	793,650

Consumer Staples 1.92%				10,369,834

Food Products 1.23%

Bumble Bee Foods LLC (S)	7.750	12-15-15	320,000	320,800

Corp. Pesquera Inca SAC (S)	9.000	02-10-17	825,000	808,500

See notes to financial statements


12	Strategic Income Opportunities Fund \| Semiannual report


		Maturity
	Rate	date	Par value	Value
Food Products (continued)

Cosan SA Industria e Comercio (S)	8.250%	02-28-49	$2,000,000	$1,930,000

Dole Food Company, Inc.	8.875	03-15-11	74,000	74,370

Viterra, Inc. (CAD)	8.500	07-07-14	3,460,000	3,499,789

Household Products 0.61%

Yankee Acquisition Corp.	9.750	02-15-17	730,000	728,175

Yankee Acquisition Corp.	8.500	02-15-15	2,555,000	2,555,000

Personal Products 0.08%

JohnsonDiversey, Inc. (S)	8.250	11-15-19	440,000	453,200

Energy 4.38%				23,634,613

Energy Equipment & Services 0.73%

Gibson Energy Holdings ULC (S)	10.000	01-15-18	930,000	906,750

NGPL Pipeco LLC (S)	7.119	12-15-17	935,000	1,063,745

PHI, Inc.	7.125	04-15-13	1,000,000	965,000

Weatherford International, Ltd.	9.625	03-01-19	800,000	1,019,234

Oil, Gas & Consumable Fuels 3.65%

Atlas Pipeline Partners LP	8.125	12-15-15	200,000	187,500

Drummond Company, Inc.	7.375	02-15-16	3,830,000	3,571,475

Enterprise Products Operating LLC, Series G	5.600	10-15-14	980,000	1,067,862

MarkWest Energy Partners LP, Series B	8.750	04-15-18	520,000	526,500

MarkWest Energy Partners LP, Series B	8.500	07-15-16	2,150,000	2,160,750

McMoRan Exploration Company	11.875	11-15-14	2,445,000	2,616,150

Niska Gas Storage US LLC (S)	8.875	03-15-18	1,350,000	1,350,000

Petroleos de Venezuela SA	5.000	10-28-15	1,745,000	1,086,263

Petroleos Mexicanos (S)	6.000	03-05-20	850,000	864,450

RDS Ultra-Deepwater, Ltd. (S)	11.875	03-15-17	1,335,000	1,333,331

Regency Energy Partners LP (S)	9.375	06-01-16	2,510,000	2,648,050

Targa Resources Partners LP	8.250	07-01-16	760,000	763,800

Valero Energy Corp.	6.125	02-01-20	485,000	488,173

Valero Energy Corp.	4.500	02-01-15	485,000	487,478

Williams Partners LP	7.250	02-01-17	460,000	528,102

Financials 8.80%				47,524,787

Commercial Banks 1.11%

Allfirst Preferred Capital Trust, (1.751% to
4-15-10 then 3 month US LIBOR + 150
bps quarterly)	1.751	07-15-29	785,000	516,646

City National Capital Trust I	9.625	02-01-40	1,735,000	1,891,103

Fifth Third Capital Trust IV (P)	6.500	04-15-37	1,415,000	1,124,925

First Tennessee Bank N.A., BKNT	5.050	01-15-15	508,000	468,395

PNC Preferred Funding Trust III (P)(S)	8.700	03-29-49	900,000	940,635

Santander Issuances S.A.,
(6.500% to 11-01-14 then 3 month US LIBOR
+392 bps) (S)	6.500	08-11-19	1,000,000	1,058,255

Consumer Finance 0.74%

Ford Motor Credit Company LLC	8.700	10-01-14	1,100,000	1,128,309

SLM Corp., MTN	8.450	06-15-18	2,930,000	2,866,062

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	13


		Maturity
	Rate	date	Par value	Value
Diversified Financial Services 5.15%

CCM Merger, Inc. (S)	8.000%	08-01-13	$4,420,000	$3,668,600

First Maryland Capital I (P)	1.251	01-15-27	640,000	406,909

GE Capital Australia Funding Property, Ltd.,
MTN (AUD)	6.500	11-15-11	2,870,000	2,580,161

General Electric Capital Corp.,
Series A, MTN (NZD)	7.625	12-10-14	6,630,000	4,904,934

ISA Capital do Brasil SA (S)	8.800	01-30-17	$470,000	514,650

Kreditanstalt fuer Wiederaufbau, EMTN (IDR)	7.000	10-22-12	47,700,000,000	5,087,205

Local TV Finance LLC, PIK (S)	9.250	06-15-15	$264,600	150,822

Macquarie Group, Ltd. (S)	7.300	08-01-14	595,000	656,126

Morgan Stanley (BRL)(S)	10.090	05-03-17	12,100,000	6,243,671

Odebrecht Finance, Ltd. (S)	7.500	10-18-17	$970,000	1,018,500

Orascom Telecom Finance SCA (S)	7.875	02-08-14	755,000	664,400

TAM Capital, Inc.	7.375	04-25-17	1,205,000	1,114,625

Volkswagen Financial Services AG, EMTN (EUR)	5.375	01-25-12	565,000	815,209

Insurance 0.62%

Liberty Mutual Group, Inc.,
(10.750% to 6-15-30 then 3 month US LIBOR
+ 712 bps) (S)	10.750	06-15-58	1,930,000	2,084,400

Symetra Financial Corp.,
(8.300% to 10-1-17 then 3 month US LIBOR
+ 417.7 bps) (S)	8.300	10-15-37	905,000	764,725

Willis North America, Inc.	7.000	09-29-19	475,000	498,976

Real Estate Investment Trusts 0.15%

Dupont Fabros Technology LP (S)	8.500	12-15-17	790,000	801,850

Real Estate Management & Development 1.03%

Realogy Corp.	10.500	04-15-14	2,395,000	1,999,825

Realogy Corp., PIK	11.000	04-15-14	3,603,956	2,955,244

Sable International Finance, Ltd. (S)	7.750	02-15-17	585,000	599,625

Health Care 1.46%				7,859,363

Health Care Providers & Services 1.14%

Community Health Systems, Inc.	8.875	07-15-15	2,240,000	2,318,400

Hanger Orthopedic Group, Inc.	10.250	06-01-14	1,880,000	1,992,800

HCA, Inc.	9.125	11-15-14	460,000	483,575

Sun Healthcare Group, Inc.	9.125	04-15-15	1,325,000	1,344,875

Pharmaceuticals 0.32%

Catalent Pharma Solutions, Inc., PIK	9.500	04-15-15	1,815,000	1,719,713

Industrials 5.80%				31,323,206

Aerospace & Defense 0.28%

Hawker Beechcraft Acquisition Company LLC	8.500	04-01-15	2,025,000	1,528,875

Airlines 2.42%

Delta Air Lines, Inc. (S)	12.250	03-15-15	910,000	924,788

Delta Air Lines, Inc. (S)	9.500	09-15-14	2,190,000	2,228,325

Delta Air Lines, Inc., Series 2007-1 Class A	6.821	08-10-22	1,373,597	1,315,219

Global Aviation Holdings, Ltd. (S)	14.000	08-15-13	3,015,000	3,037,613

United Air Lines, Inc.	12.750	07-15-12	740,000	784,400

United Air Lines, Inc. (S)	12.000	11-01-13	1,970,000	1,910,900

United Air Lines, Inc.	10.400	11-01-16	785,000	830,138

See notes to financial statements


14	Strategic Income Opportunities Fund \| Semiannual report


		Maturity
	Rate	date	Par value	Value
Airlines (continued)

United Air Lines, Inc. (S)	9.875%	08-01-13	$385,000	$385,000

United Air Lines, Inc.	9.750	01-15-17	1,565,000	1,631,513

Building Materials 0.09%

Voto-Votorantim Overseas Trading Operations
NV (S)	6.625	09-25-19	510,000	507,450

Commercial Services & Supplies 0.35%

Aramark Services, Inc.	8.500	02-01-15	1,855,000	1,873,550

Diversified Financial Services 0.83%

Daimler Finance NA LLC, EMTN (EUR)	4.375	03-21-13	3,145,000	4,481,692

Electrical Equipment 0.23%

Baldor Electric Company	8.625	02-15-17	$520,000	533,000

Coleman Cable, Inc. (S)	9.000	02-15-18	700,000	693,000

Industrial Conglomerates 0.42%

Grupo Kuo SAB de CV (S)	9.750	10-17-17	1,175,000	1,175,000

Hutchison Whampoa International, Ltd. (S)	4.625	09-11-15	850,000	874,257

Smiths Group PLC (S)	7.200	05-15-19	190,000	215,065

Machinery 0.59%

American Railcar Industries, Inc.	7.500	03-01-14	440,000	426,800

Mueller Water Products, Inc.	7.375	06-01-17	3,115,000	2,772,350

Marine 0.21%

Navios Maritime Holdings, Inc.	9.500	12-15-14	1,125,000	1,113,750

Road & Rail 0.38%

Kansas City Southern de Mexico SA de CV (S)	8.000	02-01-18	945,000	933,188

RailAmerica, Inc.	9.250	07-01-17	1,094,000	1,147,333

Information Technology 0.90%				4,854,549

Internet & Catalog Retail 0.18%

GXS Worldwide, Inc. (S)	9.750	06-15-15	990,000	940,500

IT Services 0.10%

Equinix, Inc.	8.125	03-01-18	555,000	555,000

Software 0.62%

Oracle Corp.	5.750	04-15-18	1,840,000	2,025,049

Vangent, Inc.	9.625	02-15-15	1,450,000	1,334,000

Materials 6.30%				33,981,872

Chemicals 1.11%

American Pacific Corp.	9.000	02-01-15	1,645,000	1,624,438

Berry Plastics Corp.	8.875	09-15-14	955,000	919,188

Berry Plastics Escrow LLC (S)	8.250	11-15-15	1,680,000	1,659,000

Lumena Resources Corp. (S)	12.000	10-27-14	1,935,000	1,645,391

Nova Chemicals Corp.	6.500	01-15-12	125,000	125,000

Containers & Packaging 2.14%

Ball Corp.	6.625	03-15-18	195,000	196,463

Cascades, Inc. (S)	7.875	01-15-20	545,000	550,450

Graham Packaging Company LP	9.875	10-15-14	375,000	382,500

Graham Packaging Company LP (S)	8.250	01-01-17	850,000	833,000

Graphic Packaging International, Inc.	9.500	08-15-13	3,005,000	3,065,100

Graphic Packaging International, Inc.	9.500	06-15-17	1,505,000	1,580,250

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	15


		Maturity
	Rate	date	Par value	Value
Containers & Packaging (continued)

Owens-Brockway Glass Container, Inc.	8.250%	05-15-13	$1,450,000	$1,471,750

Sealed Air Corp. (S)	7.875	06-15-17	1,065,000	1,129,207

Smurfit-Stone Container Enterprises, Inc. (H)	8.375	07-01-12	1,185,000	980,588

Smurfit-Stone Container Enterprises, Inc. (H)	8.000	03-15-17	935,000	769,038

U.S. Corrugated, Inc.	10.000	06-01-13	715,000	611,325

Metals & Mining 1.99%

CII Carbon LLC (S)	11.125	11-15-15	3,990,000	3,980,025

CSN Islands XI Corp (S)	6.875	09-21-19	510,000	517,650

Essar Steel Algoma, Inc. (S)	9.375	03-15-15	1,145,000	1,127,825

Gerdau Holdings, Inc. (S)	7.000	01-20-20	790,000	797,900

OI European Group BV (EUR)(S)	6.875	03-31-17	410,000	547,111

Rio Tinto Finance USA, Ltd.	9.000	05-01-19	$1,150,000	1,490,284

Rio Tinto Finance USA, Ltd.	7.125	07-15-28	1,465,000	1,666,262

Teck Resources, Ltd.	10.750	05-15-19	505,000	621,150

Paper & Forest Products 1.06%

Abitibi-Consolidated Company of Canada (H)(S)	13.750	04-01-11	1,371,389	1,409,102

Clearwater Paper Corp. (S)	10.625	06-15-16	195,000	216,450

NewPage Corp.	11.375	12-31-14	2,735,000	2,611,925

PE Paper Escrow GmbH (S)	12.000	08-01-14	210,000	227,850

Pope & Talbot, Inc. (H)	8.375	06-01-13	1,000,000	100

Pope & Talbot, Inc. (H)	8.375	06-01-13	500,000	50

Verso Paper Holdings LLC (S)	11.500	07-01-14	510,000	535,500

Verso Paper Holdings LLC, Series B	9.125	08-01-14	750,000	690,000

Telecommunication Services 5.56%				30,004,160

Diversified Telecommunication Services 2.95%

AT&T, Inc.	6.700	11-15-13	1,240,000	1,412,486

Axtel SAB de CV (S)	9.000	09-22-19	570,000	579,975

Axtel SAB de CV (S)	7.625	02-01-17	2,275,000	2,240,875

Cincinnati Bell, Inc.	8.375	01-15-14	2,000,000	2,015,000

Citizens Communications Company	7.125	03-15-19	710,000	663,850

Intelsat Bermuda, Ltd.	11.250	02-04-17	3,360,000	3,406,200

Level 3 Financing, Inc. (S)	10.000	02-01-18	280,000	256,900

Verizon Wireless Capital LLC	7.375	11-15-13	2,000,000	2,321,580

West Corp.	11.000	10-15-16	2,995,000	3,002,488

Wireless Telecommunication Services 2.61%

American Tower Corp.	7.000	10-15-17	1,310,000	1,460,650

CC Holdings GS V LLC (S)	7.750	05-01-17	870,000	941,775

Digicel Group, Ltd. (S)	8.250	09-01-17	1,945,000	1,847,750

Nextel Communications, Inc.	7.375	08-01-15	2,940,000	2,712,150

NII Capital Corp. (S)	10.000	08-15-16	695,000	754,075

NII Capital Corp. (S)	8.875	12-15-19	910,000	930,475

Sprint Capital Corp.	8.750	03-15-32	2,360,000	2,082,700

Sprint Capital Corp.	8.375	03-15-12	3,305,000	3,375,231

See notes to financial statements


16	Strategic Income Opportunities Fund \| Semiannual report


		Maturity
	Rate	date	Par value	Value
Utilities 1.14%				$6,168,501

Electric Utilities 0.87%

Appalachian Power Company	5.000%	06-01-17	$900,000	919,511

Texas Competitive Electric Holdings
Company LLC,
Series A	10.250	11-01-15	3,600,000	2,690,640

United Maritime Group LLC (S)	11.750	06-15-15	1,100,000	1,100,000

Independent Power Producers & Energy Traders 0.09%

Listrindo Capital BV (S)	9.250	01-29-15	455,000	468,568

Multi-Utilities 0.18%

Dominion Resources, Inc.	5.600	11-15-16	900,000	989,782

Convertible Bonds 2.93%				$15,839,944

(Cost $14,837,882)

Consumer Discretionary 1.87%				10,081,775

Automobiles 1.81%

Ford Motor Company	4.250	11-15-16	5,595,000	7,944,900

TRW Automotive, Inc. (S)	3.500	12-01-15	1,605,000	1,837,725

Household Durables 0.06%

Beazer Homes USA, Inc.	4.625	06-15-24	310,000	299,150

Energy 0.14%				779,625

Oil, Gas & Consumable Fuels 0.14%

Chesapeake Energy Corp.	2.250	12-15-38	1,050,000	779,625

Industrials 0.56%				3,034,294

Airlines 0.42%

Continental Airlines, Inc.	4.500	01-15-15	910,000	1,109,063

UAL Corp.	4.500	06-30-21	1,265,000	1,176,450

Trading Companies & Distributors 0.14%

United Rentals, Inc.	4.000	11-15-15	815,000	748,781

Telecommunication Services 0.36%				1,944,250

Wireless Telecommunication Services 0.36%

NII Holdings, Inc.	2.750	08-15-25	1,925,000	1,944,250

Municipal Bonds 1.11%				$5,977,098

(Cost $6,049,410)

California 0.94%				5,060,378
California State Public Works Board,
Build America Bonds, Series G2	8.361	10-01-34	1,965,000	2,035,013

County Of Siskiyou,
Pension Obligation	6.100	06-01-37	780,000	548,543

State of California,
General Obligation	7.300	10-01-39	1,690,000	1,615,370

State of California,
Taxable Various Purposes	6.200	10-01-19	845,000	861,452

New York 0.17%				916,720
City of New York,
Build America Bonds	5.206	10-01-31	990,000	916,720

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	17


		Maturity
	Rate	date	Par value	Value

Foreign Government Obligations 18.49%				$99,778,026

(Cost $96,691,256)

Australia 2.40%				12,925,772
New South Wales Treasury Corp., Series
12 (AUD)	6.000%	05-01-12	$7,071,000	6,482,556

New South Wales Treasury Corp., Series
14 (AUD)	5.500	08-01-14	7,150,000	6,443,216

Brazil 1.81%				9,750,436
Federative Republic of Brazil (BRL)	10.250	01-10-28	17,275,000	9,750,436

Canada 5.57%				30,061,362
Canada Housing Trust (CAD)(S)	4.600	09-15-11	5,545,000	5,554,907

Government of Canada (CAD)	4.000	06-01-16	10,480,000	10,617,350

Ontario School Boards Financing Corp., Series
01A2 (CAD)	6.250	10-19-16	3,815,000	4,150,054

Province of Ontario (CAD)	4.750	06-02-13	4,610,000	4,730,398

Province of Ontario, Series GMTN (NZD)	6.250	06-16-15	3,520,000	2,530,852

Province of Quebec (CAD)	5.250	10-01-13	2,370,000	2,477,801

Colombia 0.02%				125,400
Republic of Colombia	10.000	01-23-12	$110,000	125,400

France 0.85%				4,577,061
Government of France (EUR)	4.250	04-25-19	3,114,000	4,577,061

Germany 1.76%				9,496,222
Federal Republic of Germany, Series 02 (EUR)	5.000	07-04-12	2,240,000	3,323,263

Federal Republic of Germany, Series 08 (EUR)	3.750	01-04-19	2,568,000	3,695,122

Federal Republic of Germany, Series 152 (EUR)	3.500	04-12-13	1,710,000	2,477,837

Indonesia 0.26%				1,411,069
Republic of Indonesia (S)	5.875	03-13-20	$1,365,000	1,411,069

Korea 0.84%				4,529,757
Korea Development Bank	4.375	08-10-15	485,000	491,594

Republic of Korea, Series 1409 (KRW)	5.000	09-10-14	1,550,000,000	1,363,385

Republic of Korea, Series 1809 (KRW)	5.750	09-10-18	2,980,000,000	2,674,778

Mexico 0.40%				2,155,810
Government of Mexico	8.125	12-30-19	$360,000	445,500

Government of Mexico	5.875	02-17-14	550,000	613,250

Government of Mexico	5.625	01-15-17	520,000	551,200

Government of Mexico, Series A, MTN	6.375	01-16-13	490,000	545,860

New Zealand 0.25%				1,339,357
Government of New Zealand, Series
1217 (NZD)	6.000	12-15-17	1,860,000	1,339,357

Norway 1.91%				10,322,971
Government of Norway (NOK)	5.000	05-15-15	34,377,000	6,339,663

Government of Norway (NOK)	4.500	05-22-19	22,073,000	3,983,308

Sweden 2.08%				11,244,140
Kingdom of Sweden, Series 1047 (SEK)	5.000	12-01-20	34,615,000	5,647,938

Kingdom of Sweden, Series 1051 (SEK)	3.750	08-12-17	37,875,000	5,596,202

See notes to financial statements


18	Strategic Income Opportunities Fund \| Semiannual report


		Maturity
	Rate	date	Par value	Value
Turkey 0.26%				$1,400,919

Republic of Turkey	6.750%	05-30-40	$1,435,000	1,400,919

Ukraine 0.08%				437,750
Government of Ukraine (S)	6.580	11-21-16	515,000	437,750

Term Loans (M) 3.45%				$18,624,816

(Cost $17,556,098)

Consumer Discretionary 1.14%				6,176,124

Hotels, Restaurants & Leisure 0.32%

Greektown Holdings LLC	14.500	09-30-10	1,548,014	1,555,754

Greektown Holdings LLC (T)(U)	—	09-30-10	162,917	162,917

Media 0.48%

Dex Media West, Inc.	7.500	10-24-14	771,894	736,001

SuperMedia, Inc.	11.000	12-31-15	2,040,434	1,858,709

Specialty Retail 0.34%

Michaels Stores, Inc.	2.519	10-31-13	2,068,278	1,862,743

Financials 0.70%				3,754,327

Diversified Financial Services 0.62%

CIT Group, Inc.	9.750	01-18-12	3,277,500	3,357,389

Real Estate Management & Development 0.08%

Realogy Corp.	13.500	10-15-17	365,000	396,938

Health Care 0.09%				515,379

Health Care Equipment & Supplies 0.09%

Bausch & Lomb, Inc. (EUR)	3.878	04-24-15	401,800	515,379

Industrials 0.92%				4,961,583

Airlines 0.81%

Delta Airlines, Inc.	3.500	04-30-14	$3,445,211	2,923,261

US Airways Group, Inc.	2.730	03-24-14	1,946,667	1,469,733

Commercial Services & Supplies 0.11%

Quebecor World Capital Corp.	9.000	07-23-12	562,960	568,589

Materials 0.60%				3,217,403

Chemicals 0.16%

LyondellBaseII Industries (T)	—	12-20-13	45,144	31,657

LyondellBaseII Industries (T)	—	12-20-13	19,686	13,805

LyondellBaseII Industries (T)	—	12-20-13	73,821	51,767

LyondellBaseII Industries (T)	—	12-22-14	245,238	171,973

LyondellBaseII Industries (T)	—	12-22-14	245,238	171,973

LyondellBaseII Industries (T)	—	12-22-14	245,238	171,973

LyondellBaseII Industries (T)	—	12-22-14	56,516	39,632

LyondellBaseII Industries (T)	—	12-22-14	56,516	39,632

LyondellBaseII Industries (T)	—	12-22-14	56,516	39,632

LyondellBaseII Industries (T)	—	12-22-14	140,651	99,159

Paper & Forest Products 0.44%

AbitibiBowater, Inc. (H)	11.000	03-30-11	2,460,000	2,386,200

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	19


	Shares	Value

Preferred Stocks 2.17%		$11,688,183

(Cost $10,964,826)

Consumer Discretionary 0.50%		2,695,490

Auto Components 0.17%

Lear Corp., zero, Series A	13,597	897,395

Media 0.33%

Charter Communications, Inc., 15.000% Series A, PIK	69,157	1,798,095

Financials 1.65%		8,901,720

Commercial Banks 0.50%

Wells Fargo & Company, 7.500%, Series L	2,830	2,696,990

Diversified Financial Services 1.15%

Bank of America Corp., 7.250%, Series L	4,062	3,686,265

Citigroup, Inc., 7.500%	23,480	2,518,465

Materials 0.02%		90,973

Metals & Mining 0.02%

Freeport-McMoRan Copper & Gold, Inc., 6.750%	845	90,973

	Shares	Value

Common Stocks 2.77%		$14,942,790

(Cost $15,148,195)

Consumer Discretionary 2.20%		11,849,237

Auto Components 0.73%

Lear Corp. (I)	56,890	3,940,781

Media 1.47%

Charter Communications, Inc., Class A (I)	84,100	2,501,975

Dex One Corp. (I)	5,821	173,466

Sirius XM Radio, Inc. (I)	4,675,406	4,768,914

SuperMedia, Inc. (I)	11,050	464,101

Financials 0.50%		2,720,305

Commercial Banks 0.14%

Citizens Republic Banking Corp., Inc. (I)	1,081,102	762,177

Diversified Financial Services 0.36%

Apollo Investment Corp.	49,365	575,596

Ares Capital Corp.	105,779	1,382,532

Materials 0.05%		264,437

Containers & Packaging 0.05%

Pactiv Corp. (I)	10,680	264,437

Telecommunication Services 0.02%		108,811

Diversified Telecommunication Services 0.02%

Chunghwa Telecom Company, Ltd., ADR	5,825	108,811

See notes to financial statements


20	Strategic Income Opportunities Fund \| Semiannual report


		Maturity
	Rate	date	Par value	Value

Collateralized Mortgage Obligations 7.41%				$39,973,012

(Cost $36,920,937)

Collateralized Mortgage Obligations 7.41%				39,973,012

American Home Mortgage Assets,
Series 2006-6, Class XP IO	Zero	12-25-46	$16,980,236	742,885

American Home Mortgage Investment Trust,
Series 2007-1, Class GIOP IO	2.078%	05-25-47	13,531,337	794,966

American Tower Trust,
Series 2007-1A, Class C (S)	5.615	04-15-37	430,000	451,500

Banc of America Commercial Mortgage, Inc.,
Series 2006-5, Class A4	5.414	09-10-47	2,980,000	2,933,531

Bear Stearns Mortgage Funding Trust,
Series 2006-AR1, Class 2A1 (P)	0.449	08-25-36	797,549	405,097

Citigroup/Deutsche Bank Commercial
Mortgage Trust,
Series 2007-CD5, Class A4 (P)	5.886	11-15-44	3,380,000	3,241,924

Countrywide Alternative Loan Trust,
Series 2006-OA12, Class X IO	Zero	09-20-46	9,862,212	400,652

Crown Castle Towers LLC,
Series 2006-1A, Class G (S)	6.795	11-15-36	985,000	1,039,175

Crown Castle Towers LLC,
Series 2006-1A, Class F (S)	6.650	11-15-36	840,000	886,200

Downey Savings & Loan Association Mortgage
Loan Trust,
Series 2005-AR2, Class X2 IO (P)	2.320	03-19-45	33,469,895	1,362,225

Downey Savings & Loan Association Mortgage
Loan Trust,
Series 2005-AR1, Class X2 IO	2.178	03-19-45	21,385,926	896,070

First Horizon Alternative Mortgage Securities,
Series 2006-RE1, Class A1	5.500	05-25-35	1,500,575	1,130,121

Global Tower Partners Acquisition Partners LLC,
Series 2007-1A, Class G (S)	7.874	05-15-37	565,000	572,989

Greenpoint Mortgage Funding Trust,
Series 2005-AR4, Class 4A2 (P)	0.589	10-25-45	1,715,649	449,512

Greenpoint Mortgage Funding Trust,
Series 2006-AR1, Class A2A (P)	0.599	02-25-36	1,031,415	309,293

Greenwich Capital Commercial Funding Corp.,
Series 2006-GG7, Class A4 (P)	5.883	07-10-38	3,310,000	3,281,487

Harborview Corp.,
Series 2007-3A, Class N1, NIM (H)(S)	6.654	05-19-37	12,135	—

Harborview Mortgage Loan Trust,
Series 2005-8, Class 1X IO (P)	2.421	09-19-35	10,457,264	408,487

Harborview Mortgage Loan Trust,
Series 2006-SB1, Class A1A (P)	1.331	12-19-36	1,859,731	772,437

Harborview Mortgage Loan Trust,
Series 2007-3, Class ES IO	0.350	05-19-47	23,219,745	188,080

Harborview Mortgage Loan Trust,
Series 2007-4, Class ES IO (P)	0.350	07-19-47	24,996,787	202,474

Harborview Mortgage Loan Trust,
Series 2007-6, Class ES IO (S)	0.342	08-19-37	18,435,512	149,328

IndyMac Index Mortgage Loan Trust,
Series 2005-AR18, Class 1X IO	2.421	10-25-36	27,670,040	951,849

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	21


		Maturity
	Rate	date	Par value	Value
Collateralized Mortgage Obligations (continued)
IndyMac Index Mortgage Loan Trust,
Series 2005-AR18, Class 2X IO	2.150%	10-25-36	$29,597,721	$1,053,679

LB–UBS Commercial Mortgage Trust,
Series 2007-C7, Class A3 (P)	5.866	09-15-45	2,785,000	2,651,475

LB–UBS Commercial Mortgage Trust,
Series 2007-C2, Class A3	5.430	02-15-40	2,895,000	2,698,020

Morgan Stanley Capital I,
Series 2007-IQ13, Class A4	5.364	03-15-44	2,725,000	2,497,166

Morgan Stanley Capital I,
Series 2007-IQ15, Class A4 (P)	5.880	06-11-49	3,195,000	2,973,323

Morgan Stanley Mortgage Loan Trust,
Series 2004-9, Class 1A (P)	6.114	11-25-34	1,974,967	1,905,171

Washington Mutual, Inc.,
Series 2005-AR13, Class X IO	1.771	10-25-45	62,476,227	1,599,391

Washington Mutual, Inc.,
Series 2005-AR13, Class B1 (P)	0.829	10-25-45	1,929,281	213,267

Washington Mutual, Inc.,
Series 2005-AR6, Class B1 (P)	0.829	04-25-45	3,146,689	466,388

Washington Mutual, Inc.,
Series 2007-OA5, Class 1XPP IO	0.796	06-25-47	58,265,504	619,071

Washington Mutual, Inc.,
Series 2007-OA6, Class 1XPP IO	0.730	07-25-47	34,555,390	313,158

Wells Fargo Mortgage Backed Securities Trust,
Series 2006-AR12, Class 1A1 (P)	5.959	09-25-36	1,821,053	1,412,621

Supranational Obligations 5.21%				$28,123,622

(Cost $26,163,469)

Supranational 5.21%				28,123,622
Council of Europe Development Bank (AUD)	5.250	05-27-13	2,760,000	2,455,976

European Investment Bank, Series EMTN (NZD)	7.000	01-18-12	2,550,000	1,871,072

European Investment Bank (AUD)	5.375	05-20-14	3,965,000	3,500,705

Inter-American Development Bank, Series
INTL (NZD)	7.250	05-24-12	9,930,000	7,365,142

Inter-American Development Bank, Series
MPLE (CAD)	4.250	12-02-12	495,000	500,260

Inter-American Development Bank, Series
MTN (AUD)	5.375	05-27-14	5,050,000	4,476,254

International Bank for Reconstruction &
Development (NZD)	5.375	12-15-14	7,930,000	5,564,226

International Finance Corp., Series MTN (AUD)	7.500	02-28-13	2,515,000	2,389,987

Asset Backed Securities 1.02%				$5,529,318

(Cost $6,093,773)

Asset Backed Securities 1.02%				5,529,318
DB Master Finance LLC,
Series 2006-1, Class-A2 (S)	5.779	06-20-31	$1,050,000	1,022,448

DB Master Finance LLC,
Series 2006-1, Class-M1 (S)	8.285	06-20-31	1,000,000	860,970

Dominos Pizza Master Issuer LLC,
Series 2007-1, Class M1 (S)	7.629	04-25-37	1,475,000	1,180,000

See notes to financial statements


22	Strategic Income Opportunities Fund \| Semiannual report


		Maturity
	Rate	date	Par value	Value
Asset Backed Securities (continued)
Dominos Pizza Master Issuer LLC,
Series 2007-1, Class A2 (S)	5.261%	04-25-37	$2,155,000	$1,913,325

Lehman XS Trust,
Series 2005-5N, Class 3A2 (P)	0.589	11-25-35	459,196	165,704

Lehman XS Trust,
Series 2006-2N, Class 1A2 (P)	0.569	02-25-46	1,832,526	386,871

	Number of	Exercise	Expiration
	contracts	price	date	Value

Options Purchased 0.13%				$693,366

(Cost $1,500,495)

Call Options 0.00%				14,747
Over the Counter Purchase Call on the
USD vs. CAD (I)	10,450,000	$1.30	04-20-10	10

Over the Counter Purchase Call on the
USD vs. JPY (I)	19,100,000	97.00	04-15-10	14,699

Over the Counter Purchase Call on the
USD vs. JPY (I)	19,000,000	110.00	03-12-10	19

Over the Counter Purchase Call on the
USD vs. JPY (I)	18,700,000	115.00	04-01-10	19

Put Options 0.13%				678,619
Over the Counter Purchase Put on the
EUR vs. USD (I)	63,448,000	1.28	05-31-10	349,154

Over the Counter Purchase Put on the
GBP vs. USD (I)	27,860,000	1.40	06-30-10	261,717

Over the Counter Purchase Put on the
USD vs. MXN (I)	19,100,000	12.10	06-11-10	67,748

		Maturity
	Yield*	date	Par value	Value

Short-Term Investments 0.81%				$4,400,000

(Cost $4,400,000)

U.S. Government Agency 0.81%				4,400,000
Federal Home Loan Bank,
Discount Notes	0.060%	03-01-10	$4,400,000	4,400,000

Total investments (Cost $511,870,634)† 97.87%				$528,221,590


Other assets and liabilities, net 2.13%				$11,520,056


Total net assets 100.00%				$539,741,646

The percentage shown for each investment category is the total value of that category as a percentage of the net assets applicable to common shareholders.

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	23

Notes to Schedule of Investments

Currency abbreviations

AUD – Australian Dollar

BRL – Brazilian Real

CAD – Canadian Dollar

EUR – Euro

GBP – British Pound

IDR – Indonesian Rupiah

JPY – Japanese Yen

KRW – South Korean Won

MXN – Mexican Peso

NOK – Norwegian Krone

NZD – New Zealand Dollar

SEK – Swedish Krona

ADR American Depositary Receipts

BKNT Bank Note

EMTN European Medium Term Note

GMTN Global Medium Term Note

IO Interest Only Security — Interest Tranche of Stripped Mortgage Pool

MTN Medium-Term Note

NIM Net Interest Margin

PIK Paid In Kind

* Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end.

(H) Defaulted Security. Currently, the issuer is in default with respect to interest payments.

(I) Non-income producing security.

(M) Term loans are variable rate obligations. The coupon rate shown represents the rate at period end unless the investment is unsettled.

(P) Variable rate obligation. The coupon rate shown represents the rate at period end.

(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 $131,294,093 or 24.33% of the net assets of the Fund as of February 28, 2010.

(T) All or a portion of this position represents unsettled loan commitment. The coupon rate will be determined at time of settlement.

(U) All or a portion of this position represents unfunded loan commitment.

† At February 28, 2010, the aggregate cost of investment securities for federal income tax purposes was $512,575,666. Net unrealized appreciation aggregated $15,645,924, of which $41,936,631 related to appreciated investment securities and $26,290,707 related to depreciated investment securities.

See notes to financial statements


24	Strategic Income Opportunities Fund \| Semiannual report

F I N A N C I A L S T A T E M E N T S

Financial statements

Statement of assets and liabilities 2-28-10 (unaudited)


Assets

Investments in unaffiliated issuers, at value (Cost $511,870,634)	$528,221,590
Foreign currency, at value (Cost $13,328)	13,528
Cash held at broker for futures contracts	1,822,500
Receivable for investments sold	1,684,340
Receivable for forward foreign currency exchange contracts (Note 3)	9,013,710
Receivable for fund shares sold	2,184,776
Dividends and interest receivable	9,628,722
Other receivables and prepaid assets	665

Total assets	552,569,831

Liabilities

Due to custodian	30,743
Payable for investments purchased	7,403,454
Payable for forward foreign currency exchange contracts (Note 3)	4,585,847
Payable for fund shares repurchased	974
Payable for written options, at value (Premiums received $807,276)
(Note 3)	434,917
Payable for futures variation margin	278,438
Distributions payable	895
Payable to affiliates
Accounting and legal services fees	6,030
Transfer agent fees	82
Trustees’ fees	223
Other liabilities and accrued expenses	86,582

Total liabilities	12,828,185

Net assets

Capital paid-in	$526,830,790
Undistributed net investment income	7,678,856
Accumulated net realized gain (loss) on investments, futures contracts,
written options and foreign currency transactions	(14,565,051)
Net unrealized appreciation (depreciation) on investments, futures
contracts, written options and translation of assets and liabilities in
foreign currencies	19,797,051

Net assets	$539,741,646

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	25

F I N A N C I A L S T A T E M E N T S

Statement of assets and liabilities (continued)


Net asset value per share

Based on net asset values and shares outstanding — the Fund has an
unlimited number of shares authorized with no par value
Class A ($1,354,750 ÷ 131,319 shares)	$10.32
Class C ($625,796 ÷ 60,676 shares)¹	$10.31
Class I ($1,928,794 ÷ 186,978 shares)	$10.32
Class NAV ($535,832,306 ÷ 51,967,757 shares)	$10.31

Maximum offering price per share

Class A (net asset value per share ÷ 95.5%)²	$10.81

¹Redemption price per share is equal to the net asset value less any applicable contingent deferred sales charge.

²On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced.

See notes to financial statements


26	Strategic Income Opportunities Fund \| Semiannual report

F I N A N C I A L S T A T E M E N T S

Statement of operations For the period ended 2-28-10 (unaudited)

This Statement of Operations summarizes the Fund’s investment income earned and expenses incurred in operating the Fund. It also shows net gains (losses) for the period stated.


Investment income

Interest	$22,086,533
Dividends	117,357
Less foreign taxes withheld	(28,381)

Total investment income	22,175,509

Expenses

Investment management fees (Note 5)	1,690,231
Distribution and service fees (Note 5)	412
Accounting and legal services fees (Note 5)	35,580
Transfer agent fees (Note 5)	112
Trustees’ fees (Note 5)	2,894
State registration fees (Note 5)	21
Printing and postage fees (Note 5)	140
Professional fees	24,235
Custodian fees	91,602
Registration and filing fees	3,374
Tax expense	133,801
Other	4,300

Total expenses before reductions and amounts recaptured	1,986,702
Net expenses reductions and amount recaptured (Note 5)	(1,183)

Total expenses	1,985,519

Net investment income	20,189,990

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	11,566,931
Futures contracts (Note 3)	(1,235,150)
Written options (Note 3)	451,101
Foreign currency transactions	(11,707,220)
	(924,338)
Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	21,369,849
Futures contracts (Note 3)	(984,287)
Written options (Note 3)	(30,389)
Translation of assets and liabilities in foreign currencies	8,043,552
	28,398,725
Net realized and unrealized gain	27,474,387

Increase in net assets from operations	$47,664,377

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	27

F I N A N C I A L S T A T E M E N T S

Statements of changes in net assets


	Six months
	ended	Year
	2-28-10	ended
	(Unaudited)	8-31-09


Increase (decrease) in net assets

From operations
Net investment income	$20,189,990	$31,136,381
Net realized gain (loss)	(924,338)	6,254,691
Change in net unrealized appreciation (depreciation)	28,398,725	838,904

Increase in net assets resulting from operations	47,664,377	38,229,976

Distributions to shareholders
From net investment income
Class A	(3,359)	—
Class C	(2,039)	—
Class I	(2,575)	—
Class NAV	(21,384,113)	(46,773,982)
From net realized gain
Class NAV	—	(3,769,121)

Total distributions	(21,392,086)	(50,543,103)

From Fund share transactions (Note 6)	62,977,741	(593,277)

Total increase (decrease)	89,250,032	(12,906,404)

Net assets

Beginning of period	450,491,614	463,398,018

End of period	$539,741,646	$450,491,614

Undistributed net investment income	$7,678,856	$8,880,952

See notes to financial statements


28	Strategic Income Opportunities Fund \| Semiannual report

Financial highlights

The Financial Highlights show how the Fund’s net asset value for a share has changed during the period.


CLASS A SHARES Period ended	2-28-10^1,2

Per share operating performance

Net asset value, beginning of period	$10.25
Net investment income³	0.10⁴
Net realized and unrealized gain on investments	0.10
Total from investment operations	0.20
Less distributions
From net investment income	(0.13)

Net asset value, end of period	$10.32
Total return (%)⁵	1.95^6,7

Ratios and supplemental data

Net assets, end of period (in millions)	$1
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	1.38^4,8
Expenses including reductions and amounts recaptured	1.20^4,8
Net investment income	6.67⁸
Portfolio turnover (%)	43

¹Unaudited.

²The inception date for Class A shares is 1-4-10.

³Based on the average daily shares outstanding.

⁴Includes tax expense, which was 0.03% of average net assets. This expense decreased the net investment income by less than $0.005 per share and the net investment income ratio by 0.03%.

⁵Assumes dividend reinvestment (if applicable).

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	29


CLASS C SHARES Period ended	2-28-10^1,2

Per share operating performance

Net asset value, beginning of period	$10.25
Net investment income³	0.09⁴
Net realized and unrealized gain on investments	0.08
Total from investment operations	0.17
Less distributions
From net investment income	(0.11)
Total distributions	(0.11)
Net asset value, end of period	$10.31
Total return (%)⁵	1.71^6,7

Ratios and supplemental data

Net assets, end of period (in millions)	$1
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	1.97^4,8
Expenses including reductions and amounts recaptured	1.89^4,8
Net investment income	5.99⁸
Portfolio turnover (%)	43

¹Unaudited.

²The inception date for Class C shares is 1-4-10.

³Based on the average daily shares outstanding.

⁴Includes tax expense, which was 0.02% of average net assets. This expense decreased the net investment income by less than $0.005 per share and the net investment income ratio by 0.02%.

⁵Assumes dividend reinvestment (if applicable).

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.


CLASS I SHARES Period ended	2-28-10^1,2

Per share operating performance

Net asset value, beginning of period	$10.25
Net investment income³	0.08⁴
Net realized and unrealized gain on investments	0.12
Total from investment operations	0.20
Less distributions
From net investment income	(0.13)
Net asset value, end of period	$10.32
Total return (%)⁵	1.98^6,7

Ratios and supplemental data

Net assets, end of period (in millions)	$2
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	0.99^4,8
Expenses including reductions and amounts recaptured	0.93^4,8
Net investment income	5.11⁸
Portfolio turnover (%)	43

¹Unaudited.

²The inception date for Class I shares is 1-4-10.

³Based on the average daily shares outstanding.

⁴Includes tax expense, which was 0.03% of average net assets. This expense decreased the net investment income by less than $0.005 per share and the net investment income (loss) ratio by 0.03%.

⁵Assumes dividend reinvestment (if applicable).

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.

See notes to financial statements


30	Strategic Income Opportunities Fund \| Semiannual report


CLASS NAV Period ended	2-28-10¹	8-31-09	8-31-08	8-31-07	8-31-06²

Per share operating performance

Net asset value, beginning of period	$9.76	$10.02	$10.06	$10.06	$10.00
Net investment income³	0.41⁴	0.69⁴	0.62	0.51	0.14
Net realized and unrealized gain (loss) on investments	0.57	0.17	(0.25)	(0.12)	(0.01)
Total from investment operations	0.98	0.86	0.37	0.39	0.13
Less distributions
From net investment income	(0.43)	(1.04)	(0.41)	(0.39)	(0.07)
From net realized gain	—	(0.08)	—	—	—
Total distributions	(0.43)	(1.12)	(0.41)	(0.39)	(0.07)
Net asset value, end of period	$10.31	$9.76	$10.02	$10.06	$10.06
Total return (%)⁵	10.15^6,7	10.67	3.67	4.01	1.37⁶

Ratios and supplemental data

Net assets, end of period (in millions)	$536	$450	$463	$423	$281
Ratios (as a percentage of average net assets):
Expenses before reductions and amounts recaptured	0.78^4,8	0.83⁴	0.76	0.78	0.86⁸
Expenses include reductions and amounts recaptured	0.78^4,8	0.83⁴	0.76	0.78	0.86⁸
Net investment income	8.18⁸	7.81⁴	6.03	5.15	4.18⁸
Portfolio turnover (%)	43	55	55⁹	97⁹	65

¹Unaudited.

²The inception date for Class NAV shares is 4-28-06.

³Based on the average daily shares outstanding.

⁴Includes tax expense, which was 0.03% and 0.07% of average net assets for the periods ended 2-28-10 and 8-31-09, respectively. This expense decreased the net investment income by less than $0.005 and $0.01 per share and the net investment income ratio by 0.03% and 0.07% for the periods ended 2-28-10 and 8-31-09, respectively.

⁵Assumes dividend reinvestment (if applicable).

⁶Not annualized.

⁷Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁸Annualized.

⁹The Portfolio turnover rates including the effect of “TBA” (to be announced) for the periods ended were as follows: 61% for the year ended 8-31-2008 and 106% for the year ended 8-31-2007. The year ended 8-31-2006 includes the effect of TBA transactions.

See notes to financial statements


Semiannual report \| Strategic Income Opportunities Fund	31

Notes to financial statements
(unaudited)

Note 1 — Organization

John Hancock Strategic Income Opportunities Fund (the Fund) is a diversified series of John Hancock Funds II (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the Fund is to seek to maximize total return consisting of current income and capital appreciation.

The Funds may offer multiple classes of shares. The shares currently offered by the Trust are detailed in the Statements of Assets and Liabilities. Class A and Class C are open to all investors. Class I shares are offered to institutions and certain investors. Class NAV shares are offered to the John Hancock Lifestyle and Lifecycle Funds, and other affiliated John Hancock funds. The Lifestyle and Lifecycle Funds are series of the Trust and operate as “funds of funds” that invest in other series of the Trust and certain other investments. Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees, transfer agent fees, registration fees and printing and postage fees for each class may differ.

Effective December 31, 2009, the Fund changed its name from Strategic Income Fund to Strategic Income Opportunities Fund.

Note 2 — Significant accounting policies

Security valuation. Investments are stated at value as of the close of the regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. 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 quoted prices in active markets for identical securities. Level 2 includes 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 techniques are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes 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. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.


32	Strategic Income Opportunities Fund \| Semiannual report

The following is a summary of the values by input classification of the Fund’s investments as of February 28, 2010, by major security category or type:


			LEVEL 2	LEVEL 3
	TOTAL MARKET		SIGNIFICANT	SIGNIFICANT
	VALUE AT	LEVEL 1	OBSERVABLE	UNOBSERVABLE
	2-28-10	QUOTED PRICE	INPUTS	INPUTS

Corporate Bonds	$282,651,415	—	$268,509,619	$14,141,796
Convertible Bonds	15,839,944	—	15,839,944	—
Municipal Bonds	5,977,098	—	5,977,098	—
Foreign Government	99,778,026	—	99,778,026	—
Obligations
Term Loans	18,624,816	—	17,892,772	732,044
Preferred Stocks	11,688,183	$8,992,693	897,395	1,798,095
Common Stocks	14,942,790	14,942,790	—	—
Collateralized Mortgage	39,973,012	—	30,290,697	9,682,315
Obligations
Supranational Obligations	28,123,622	—	28,123,622	—
Asset Backed Securities	5,529,318	—	4,349,318	1,180,000
Purchased Options	693,366	—	276,405	416,961
Short-Term Investments	4,400,000	—	4,400,000	—

Total investments
in securities	$528,221,590	$23,935,483	$476,334,896	$27,951,211
Other Financial
Instruments	$2,681,147	($1,311,799)	$3,992,967	($21)
Totals	$530,902,737	$22,623,684	$480,327,863	$27,951,190

The following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


				COLLA-
				TERALIZED
				MORTGAGE	ASSET			OTHER
	CORPORATE		PREFERRED	OBLIGA-	BACKED	PURCHASED		FINANCIAL
	BONDS	TERM LOANS	STOCK	TIONS	SECURITIES	OPTIONS	TOTALS	INSTRUMENTS


Balance as of
8/31/09	$6,846,242	$273,915	—	$8,760,225	$914,500	$203,591	$16,998,473	($340,874)
Accrued discounts/
premiums	90,327	—	—	—	—	—	90,327	—

Realized gain (loss)	378,430	—	—	741,497	—	(376,200)	743,727	201,287

Change in unrealized
appreciation
(depreciation)	744,881	(34,776)	$410,524	2,019,142	265,500	(49,983)	3,355,288	139,566

Net purchases (sales)	6,081,747	492,905	1,387,571	(1,838,549)	—	639,553	6,763,227	—

Net transfers in and/
out of Level 3	169	—	—	—	—	—	169	—
Balance as of
2/28/10	$14,141,796	$732,044	$1,798,095	$9,682,315	$1,180,000	$416,961	$27,951,211	($21)

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 principal securities exchange on which they trade. In the event there were no sales during the day or closing prices are not available, then securities are valued using the last quoted bid or evaluated price. Debt obligations are valued based on the evaluated prices provided by an independent pricing service, which utilizes both dealer-supplied and electronic data processing techniques, which take 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. Foreign


Semiannual report \| Strategic Income Opportunities Fund	33

securities and currencies are valued in U.S. dollars, based on foreign currency exchange rates supplied by an independent pricing service. Certain securities traded only in the over-the-counter market are valued at the last bid price quoted by brokers making markets in the securities at the close of trading. Certain short-term securities are valued at amortized cost.

Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily net asset value calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation. Dividend income is recorded on the ex-dividend date, except for certain foreign dividends where the ex-date may have passed, which are recorded when the Fund becomes aware of the dividends. Interest income includes coupon interest and amortization/accretion of discounts/premiums on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivables when the collection of all or a portion of interest has become doubtful.

Foreign currency translation. Assets, including investments and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on realized and unrealized securities gains and losses is reflected as a component of securities gains and losses.

Funds that invest internationally generally carry more risk than Funds that invest strictly in U.S. securities. Funds investing in a single country or in a limited geographic region tend to be riskier than funds that invest more broadly. Risks can result from differences in economic and political


34	Strategic Income Opportunities Fund \| Semiannual report

conditions, regulations, market practices (including higher transaction costs) and accounting standards. Foreign investments are also subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.

Stripped securities. Stripped mortgage backed securities are financial instruments that derive their value from other instruments so that one class receives the entire principal from the underlying mortgage 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 mortgage backed security. If the underlying mortgage assets experience greater than anticipated prepayments of principal, the Fund may fail to fully receive its initial investment in an IO security. The market value of these securities can be extremely volatile in response to changes in interest rates. In addition, these securities present additional credit risk such that the Fund may not receive all or part of its principal because the counterparty or issuer has defaulted on its obligation.

In addition, the Fund and other affiliated funds have entered into an agreement with the custodian which enables them to participate in a $300 million unsecured committed line of credit. A commitment fee, payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund on a pro rata basis based on their relative average net assets. For the period ended February 28, 2010, there were no significant borrowings under the line of credit by the Fund. Effective March 31, 2010, the amount of the line of credit changed to $200 million.

Class allocations. Income, common expenses, and realized and unrealized gains (losses) are determined at the Fund level and allocated daily to each class of shares based on the net asset value of the class. Class-specific expenses, such as distribution and service (Rule 12b-1) fees, if any, transfer agent fees, state registration fees and printing and postage fees for all classes are calculated daily at the class level based on the appropriate net asset value of each class and the specific expense rates applicable to each class.

Distribution of income and gains

Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-dividend date. The Fund generally declares dividends daily and pays them


Semiannual report \| Strategic Income Opportunities Fund	35

monthly. The Fund generally declares and pays capital gain distributions, if any, at least annually.

The tax character of distributions for the year ended August 31, 2009, was as follows:


	AUGUST 31, 2009

Ordinary Income	$50,543,103

Note 3 — Derivative instruments

The Fund may invest in derivatives, including futures contract, forward foreign currency contracts, and written and purchased options, in order to meet its investment objectives. The Fund may use derivatives to manage against anticipated changes in currency rates, maintain diversification and liquidity, access certain securities markets, enhance potential gains and manage duration.

The use of derivative may involve risks different from, or potentially greater than, the risks associated with investing directly in securities. Specifically, derivatives expose a Fund to the risk that the counterparty to an over-the-counter (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. If the counterparty defaults, the Fund will have contractual remedies, but there is no assurance that the counterparty will meet its contractual obligations or the Fund will succeed in enforcing them.

For more information on regarding the Fund’s use of derivatives, please refer to the Fund’s Prospectus and Statement of Additional Information.

Futures. A future is a contractual agreement to buy or sell a particular commodity, currency, or financial instrument at a pre-determined price in the future. Risks related to the use of futures contracts include possible illiquidity of the futures markets, contract prices that can be highly volatile and imperfectly correlated to movements in hedged security values and/or interest rates and potential losses in excess of the fund’s initial investment.

Futures contracts are valued at the quoted daily settlement prices established by the exchange on which they trade. Upon entering into a futures contract, the Fund is required to deposit initial margin with the broker in the form of cash or securities. The amount of required margin is generally based on a percentage of the contract value; this amount is the initial margin for the trade. The margin deposit must then be maintained at the established level over the life of the contract. Futures contracts are marked to market daily and an appropriate payable or receivable for the change in value (“variation margin”) is recorded by the Fund.

During the six months ended February 28, 2010, the Fund used futures contracts to manage duration of the Fund. The following table summarizes the contracts held at February 28, 2010. The range of futures contracts notional amounts held by the Fund during the six months ended February 28, 2010, was $66.1 million to $95.2 million.


					UNREALIZED
OPEN	NUMBER OF				APPRECIATION
CONTRACTS	CONTRACTS	POSITION	EXPIRATION DATE	NOTIONAL VALUE	(DEPRECIATION)

U.S. Treasury 10-Year
Note Futures	810	Short	Jun 2010	$95,162,344	($1,311,799)

				$95,162,344	($1,311,799)


36	Strategic Income Opportunities Fund \| Semiannual report

Forward foreign currency contracts. A forward foreign currency contract is an agreement between two parties to buy and sell a specific currency at a price that is set on the date of the contract. The forward contract calls for delivery of the currency on a future date that is specified in the contract. Risks related to the use of forwards include the possible failure of counterparties to meet the terms of the forward agreement, the failure of the counterparties to timely post collateral, the risk that currency movements will not occur thereby reducing the fund’s total return, and the potential for losses in excess of the fund’s initial investment.

The market value of a forward foreign currency contract fluctuates with changes in foreign currency exchange rates. Forward foreign currency contracts are marked to market daily and the change in value is recorded by a Fund as an unrealized gain or loss. Realized gains or losses, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, are recorded upon delivery or receipt of the currency.

During the six months ended February 28, 2010, the Fund used forward foreign currency contracts to hedge against anticipated currency exchange rates. The following table summarizes the contracts held at February 28, 2010. The range of forward foreign currency contracts notional amounts held by the Fund during the six months ended February 28, 2010, was $774.5 million to $1.2 billion.


		PRINCIPAL
	PRINCIPAL	AMOUNT		UNREALIZED
	AMOUNT COVERED	COVERED BY		APPRECIATION
CURRENCY	BY CONTRACT	CONTRACT (USD)	SETTLEMENT DATE	(DEPRECIATION)

Buys
Australian Dollar	4,800,000	$4,274,398	3/31/2010	$14,429
Australian Dollar	19,200,000	16,849,920	3/31/2010	305,390
Australian Dollar	3,900,000	21,347,152	3/31/2010	7,637
Australian Dollar	15,400,000	13,857,844	3/31/2010	(97,855)
Australian Dollar	14,500,000	13,023,900	3/31/2010	(68,067)
Canadian Dollar	11,774,535	11,293,435	3/31/2010	(103,141)
Canadian Dollar	7,173,845	6,880,726	3/31/2010	(62,841)
Canadian Dollar	14,584,372	13,800,000	3/31/2010	60,708
Canadian Dollar	10,546,000	10,000,000	3/31/2010	22,717
Euro	9,400,000	12,839,460	3/31/2010	(40,493)
Euro	19,200,000	26,525,952	3/31/2010	(383,382)
Euro	9,600,000	13,405,911	3/31/2010	(334,626)
Euro	3,045,795	4,231,675	3/31/2010	(84,545)
Japanese Yen	1,172,928,000	13,190,081	3/31/2010	13,614
Pound Sterling	18,876,761	29,264,884	3/31/2010	(487,398)
Pound Sterling	22,118,166	34,785,053	3/31/2010	(1,066,068)
Pound Sterling	16,711,700	25,630,192	3/31/2010	(153,326)
Pound Sterling	3,900,000	5,946,717	3/31/2010	(1,196)
Pound Sterling	17,750,000	27,288,098	3/31/2010	(228,351)
Pound Sterling	9,200,762	14,396,982	3/31/2010	(370,488)
Pound Sterling	10,000,000	15,249,300	3/31/2010	(4,372)
		$334,081,680		($3,061,654)
Sells
Australian Dollar	19,200,000	16,914,009	3/31/2010	(241,301)
Australian Dollar	29,834,910	26,299,074	3/31/2010	(358,591)
Australian Dollar	22,895,508	20,432,311	3/31/2010	(24,957)
Australian Dollar	6,662,448	5,946,717	3/31/2010	(6,218)
Australian Dollar	28,925,000	25,961,634	3/31/2010	116,980
Canadian Dollar	28,531,070	27,288,098	3/31/2010	172,712
Canadian Dollar	9,385,560	9,059,315	3/31/2010	139,458
Canadian Dollar	3,960,132	3,800,000	3/31/2010	36,366
Euro	3,900,000	5,337,667	3/31/2010	27,457


Semiannual report \| Strategic Income Opportunities Fund	37


		PRINCIPAL
	PRINCIPAL	AMOUNT		UNREALIZED
	AMOUNT COVERED	COVERED BY		APPRECIATION
CURRENCY	BY CONTRACT	CONTRACT (USD)	SETTLEMENT DATE	(DEPRECIATION)

Sells
Euro	$38,424,411	$53,920,778	3/31/2010	$1,602,400
Euro	3,800,000	5,197,881	3/31/2010	23,831
Euro	9,600,000	13,190,082	3/31/2010	118,796
Japanese Yen	1,217,952,000	13,405,911	3/31/2010	(304,621)
Japanese Yen	1,134,882,700	12,623,834	3/31/2010	(151,583)
New Zealand Dollar	17,741,511	12,350,875	3/31/2010	(12,427)
Pound Sterling	2,700,878	4,274,399	3/31/2010	156,930
Pound Sterling	18,913,165	29,689,380	3/31/2010	856,397
Pound Sterling	55,865,820	89,413,905	3/31/2010	4,246,868
Pound Sterling	7,300,000	11,293,435	3/31/2010	164,638
Pound Sterling	4,450,000	6,880,726	3/31/2010	96,733
Pound Sterling	10,000,000	15,421,000	3/31/2010	176,073
Pound Sterling	17,300,000	26,664,490	3/31/2010	290,765
Pound Sterling	5,400,000	8,595,072	3/31/2010	362,811
		$443,960,593		$7,489,517

Options. There are two types of options, a put option and a call option. Options are traded either over-the-counter or by means of an exchange. A call option gives the purchaser of the option the right to buy (and the seller the obligation to sell) the underlying instrument at the exercise price. A put option gives the purchaser of the option the right to sell (and the writer the obligation to buy) the underlying instrument at the exercise price. Writing puts and buying calls may increase the Fund’s exposure to changes in the value of the underlying instrument. Buying puts and writing calls may decrease the Fund’s exposure to such changes. Risks related to the use of options include the loss of the premium, possible illiquidity of the options markets, trading restrictions imposed by an exchange, movements in underlying security values, and for written options, potential losses in excess of the fund’s initial investment.

Options listed on an exchange are valued at their closing price. If no closing price is available, then they are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. For options not listed on an exchange, an independent pricing source is used to value the options at the mean between the last bid and ask prices. When the Fund purchases an option, the premium paid by the Fund is included in the Portfolio of Investments and subsequently “marked-to-market” to reflect current market value. If the purchased option expires, the Fund realizes a loss equal to the cost of the option. If the Fund enters into a closing sale transaction, the Fund realizes a gain or loss, depending on whether proceeds from the closing sale are greater or less than the original cost. If the Fund exercises a call option, the cost of the securities acquired by exercising the call is increased by the premium paid to buy the call. If the Fund exercises a put option, it realizes a gain or loss from the sale of the underlying security and the proceeds from such sale are decreased by the premium paid.

During the six months ended February 28, 2010, the Fund used purchased options to hedge against anticipated currency exchange rates. The market value range of purchased options contracts held by the Fund during the six months ended February 28, 2010, was approximately $42,000 to $694,000.

During the six months ended February 28, 2010, the Fund wrote option contracts to hedge against anticipated currency exchange rates. The following tables summarize the Fund’s written options activities during the six months ended February 28, 2010, and the contracts held at February 28, 2010.


38	Strategic Income Opportunities Fund \| Semiannual report


	NUMBER OF	PREMIUMS
	CONTRACTS	RECEIVED

Outstanding, beginning of period	47,750,000	$743,622
Options written	59,200,000	514,755
Option closed	—	—
Options expired	(60,500,000)	(451,101)
Outstanding, end of period	46,450,000	$807,276


	EXERCISE	EXPIRATION		USD NOTIONAL
NAME OF ISSUER	PRICE	DATE	NOTIONAL AMOUNT	AMOUNT	PREMIUM	VALUE

CALLS
U.S. Dollar
versus
Canadian Dollar	$1.30	Feb 2010	USD 10,700,000	$10,700,000	$267,500	($11)
U.S. Dollar
versus
Canadian Dollar	1.30	Apr 2010	USD 10,450,000	10,450,000	274,835	(11)
New Zealand
Dollar versus
Japanese Yen	44.68	Mar 2010	NZD 15,300,000	10,683,224	86,441	(7,403)

			36,450,000	$31,833,224	628,776	($7,425)
PUTS
Pound
Sterling versus
Canadian Dollar	$2.51	Mar 2010	GBP 10,000,000	$15,247,993	$178,500	($427,492)

Total			46,450,000	$47,081,217	$807,276	($434,917)

Fair value of derivative instruments by risk category

The table below summarizes the fair value of derivatives held by the Fund at February 28, 2010, by risk category:


		FINANCIAL	ASSET	LIABILITY
	STATEMENT OF ASSETS AND	INSTRUMENTS	DERIVATIVES	DERIVATIVES
RISK	LIABILITIES LOCATION	LOCATION	FAIR VALUE	FAIR VALUE

Interest Rate Contracts	Receivable/payable	Futures	—	($1,311,799)^†
	for futures variation
	margin; Net unrealized
	appreciation
	(depreciation) on
	investments
Foreign Exchange	Receivable/payable	Foreign forward	8,320,344	(5,020,764)
Contracts	for forward foreign	currency
	currency exchange	contracts/Written
	contracts; Options	options
	written, at value;
	investments in
	unaffiliated issuers
	at value*

Total			$8,320,344	($6,332,563)

* Purchased options are included in the Fund’s investments.

† Reflects cumulative appreciation/depreciation of Futures as disclosed in Note 3. Only the year end variation margin is separately disclosed in the Statement of Assets and Liabilities.


Semiannual report \| Strategic Income Opportunities Fund	39

Effect of derivative instruments on the Statements of Operations

The table below summarizes the net realized gain (loss) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the six month period ended February 28, 2010:


					FORWARD
	STATEMENT OF				FOREIGN
	OPERATIONS	PURCHASED	WRITTEN		CURRENCY
RISK	LOCATION	OPTIONS	OPTIONS	FUTURES	CONTRACTS	TOTAL

Interest	Net realized	—	—	($1,235,150)	—	($1,235,150)
Rate	gain (loss)
Contracts
Foreign	Net realized	($1,123,763)	$451,101	—	($11,560,795)	(12,233,457)
Exchange	gain (loss)
Contracts
Equity	Net realized	(698,490)	—	—	—	(698,490)
Contracts	gain (loss)

Total		($1,822,253)	$451,101	($1,235,150)	($11,560,795)	($14,167,097)

The table below summarizes the net change in unrealized appreciation (depreciation) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the six month period ended February 28, 2010:


					FORWARD
	STATEMENT OF				FOREIGN
	OPERATIONS	PURCHASED	WRITTEN		CURRENCY
RISK	LOCATION	OPTIONS	OPTIONS	FUTURES	CONTRACTS	TOTAL

		Investments	Written	Futures	Translation
		in unaffiliated	Options	contracts	of assets
		issuers			and liabilities
					in foreign
					currencies
Interest	Change in	—	—	($984,287)	—	($984,287)
Rate	unrealized
Contracts	appreciation
	(depreciation)
Foreign	Change in	$758,732	($30,389)	—	($8,241,149)	(7,512,806)
Exchange	unrealized
Contracts	appreciation
	(depreciation)
Equity	Change in	685,490	—	—	—	685,490
Contracts	unrealized
	appreciation
	(depreciation)

Total		$1,444,222	($30,389)	($984,287)	($8,241,149)	($7,811,603)

Note 4 — Guarantees and indemnifications


40	Strategic Income Opportunities Fund \| Semiannual report

Note 5 — Fees and transactions with affiliates

John Hancock Investment Management Services, LLC (the Adviser), serves as investment adviser for the Fund. John Hancock Funds, LLC (the Distributor), an affiliate of the Adviser, serves as principal underwriter of the Fund. The Adviser and the Distributor are indirect wholly owned subsidiaries of Manulife Financial Corporation (MFC).

Management fee. The Fund has an investment management contract with the Adviser under which the Fund pays a daily management fee to the Adviser equivalent, on an annual basis, to the sum of: (a) 0.725% of the first $500,000,000 of the Fund’s aggregate daily net assets and (b) 0.650% of the Fund’s aggregate net assets in excess of $500,000,000. Aggregate net assets include the net assets of the Fund and Strategic Income Opportunities Trust, a series of John Hancock Trust. The Adviser has a subadvisory agreement with MFC Global Investment Management (U.S.), LLC, an indirect owned subsidiary of MFC and an affiliate of the Adviser. The Fund is not responsible for payment of the subadvisory fees. The investment management fees incurred for the six months ended February 28, 2010, were equivalent to an annual effective rate of 0.68% of the Fund’s average daily net assets.

The Adviser has contractually agreed to limit the Fund’s total expenses, excluding transfer agent fees, distribution and service fees, brokerage commissions, interest and other extraordinary expenses not incurred in the ordinary course of the Fund’s business, to 1.17% for Class A shares, 1.87% for Class C shares and 0.90% for Class I shares, of the Fund’s average daily net asset value, on an annual basis. Accordingly, these expense reductions amounted to $79, $23 and $24 for Class A shares, Class C shares and Class I shares, respectively, for the six months ended February 28, 2010. The expense reimbursements and limits will continue in effect until December 31, 2010, and thereafter until terminated by the Adviser on notice to the Trust.

The Adviser has voluntarily agreed to waive a portion of its management fee for certain Funds of the Trust and JHT (the Participating Funds), including Strategic Income Opportunities Fund. The waiver equals, on an annualized basis, 0.01% of that portion of the aggregate net assets of all the Participating Funds that exceeds $85 billion. The amount of the Reimbursement is calculated daily and allocated among all the Participating Funds in proportion to the daily net assets of each Fund. Accordingly, the expense reduction related to this agreement was $1,057.

Distribution plans. The Fund has a distribution agreement with the Distributor. The Fund has adopted distribution plans with respect to Class A and Class C pursuant to Rule 12b-1 of the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the Fund. The following table shows the contractual rates of distribution and services fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the Fund’s shares.


	Distribution
Class	Fee (12b-1)

Class A	0.30%
Class C	1.00%


Semiannual report \| Strategic Income Opportunities Fund	41

Sales charges. Class A shares are assessed up-front sales charges, which resulted in payments to the Distributor amounting to $5,767 for the six months ended February 28, 2010. Of this amount, $1,151 was retained and used for printing prospectuses, advertising, sales literature and other purposes and $4,616 was paid as sales commissions to broker-dealers.

Class C shares are subject to contingent deferred sales charges (CDSC). Class C shares that are redeemed within one year of purchase are subject to a 1.00% CDSC on the lesser of the current market value at the time of redemption or the original purchase cost of the shares being redeemed. Proceeds from CDSCs are used to compensate the Distributor for providing distribution-related services in connection with the sale of these shares. During the six months ended February 28, 2010, there were no CDSCs amounts received by the Distributor for Class C shares.

• The Fund pays a monthly transfer agent fee at an annual rate of 0.015% for Class A, Class C and Class I shares, based on each class’s average daily net assets.

• The Fund pays a monthly fee based on an annual rate of $17.50 per shareholder account for Class A, Class C and Class I.

• In addition, Signature Services is reimbursed for certain out-of-pocket expenses.

Class level expenses for the six months ended February 28, 2010 were:


	Distribution	Transfer	State	Printing and
Share class	and service fees	agent fees	registration fees	postage fees

Class A	$129	$64	$10	$56
Class C	283	—	1	56
Class I	—	48	10	28
Total	$412	$112	$21	$140


Amount recovered during	Amounts eligible for recovery
the period ended 2–28–10	through February 1, 2013

$0	$85

Affiliated share ownership. Affiliates of the Fund owned 2,439, 2,439, and 2,439 shares of beneficial interest of Class A, Class C and Class I, respectively, on February 28, 2010.


42	Strategic Income Opportunities Fund \| Semiannual report

Note 6 — Fund share transactions

Transactions in Fund shares for the six months ended February 28, 2010, and for the year ended August 31, 2009, were as follows:


	Six months ended 2-28-10¹		Year ended 8-31-09
	Shares	Amount	Shares	Amount
Class A shares

Sold	131,288	$1,346,470	—	—
Distributions reinvested	287	2,963	—	—
Repurchased	(256)	(2,609)	—	—
Net increase	131,319	$1,346,824	—	—

Class C shares

Sold	60,637	$620,755	—	—
Distributions reinvested	125	1,294	—	—
Repurchased	(86)	(888)	—	—
Net increase	60,676	$621,161	—	—

Class I shares

Sold	186,764	$1,924,369	—	—
Distributions reinvested	214	2,208	—	—
Net increase	186,978	$1,926,577	—	—

Class NAV shares

Sold	5,052,872	$51,498,297	9,406,740	$80,801,442
Distributions reinvested	2,099,814	21,384,113	5,963,797	50,543,103
Repurchased	(1,356,445)	(13,799,231)	(15,435,882)	(131,937,822)
Net increase (decrease)	5,796,241	$59,083,179	(65,345)	($593,277)

Net increase	6,175,214	$62,977,741	(65,345)	($593,277)

¹The inception date for Class A, Class C and Class I shares is 1-4-10.

Note 7 — Purchase and sale of securities

Purchases and proceeds from sales or maturities of securities, other than short-term securities and obligations of the U.S. government, during the six-month period ended February 28, 2010, aggregated $248,460,664 and $208,369,052, respectively. Purchases and proceeds from sales or maturities of obligations of the U.S. government aggregated $1,204,389 and $1,250,065, respectively, during the six-month period ended February 28, 2010.

Note 8 — Investment by affiliated funds


Semiannual report \| Strategic Income Opportunities Fund	43

More information


Trustees	Investment adviser
James M. Oates, Chairman	John Hancock Investment Management
James R. Boyle†	Services, LLC
Grace K. Fey†
Charles L. Bardelis*	Subadviser
Peter S. Burgess*	MFC Global Investment
Theron S. Hoffman	Management (U.S.), LLC
Hassell H. McClellan
Steven M. Roberts*	Principal distributor
	John Hancock Funds, LLC
*Member of the Audit Committee
†Non-Independent Trustee	Custodian
	State Street Bank and Trust Company
Officers
Hugh McHaffie	Transfer agent
President	John Hancock Signature Services, Inc.

Thomas M. Kinzler	Legal counsel
Secretary and Chief Legal Officer	K&L Gates LLP

Francis V. Knox, Jr.	The report is certified under the Sarbanes-Oxley
Chief Compliance Officer	Act, which requires mutual funds and other public
	companies to affirm that, to the best of their
Michael J. Leary	knowledge, the information in their financial reports
Treasurer	is fairly and accurately stated in all material respects.

Charles A. Rizzo
Chief Financial Officer

John G. Vrysen
Chief Operating Officer

We make this information on your fund, as well as monthly portfolio holdings, and other fund details available on our Web site www.jhfunds.com or by calling 1-800-225-5291.


You can also contact us:
1-800-225-5291	Regular mail:	Express mail:
jhfunds.com	John Hancock Signature Services, Inc.	John Hancock Signature Services, Inc.
	P.O. Box 55913	Mutual Fund Image Operations
	Boston, MA 02205-5913	30 Dan Road
		Canton, MA 02021


44	Strategic Income Opportunities Fund \| Semiannual report

1-800-225-5291
1-800-554-6713 TDD
1-800-338-8080 EASI-Line
www.jhfunds.com

Now available: electronic delivery
www.jhfunds.com/edelivery


This report is for the information of the shareholders of John Hancock Strategic Income Opportunities Fund.	356SA 2/10
It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.	4/10

John Hancock
Lifecycle 2045 Portfolio

Goal and strategy

To seek high total return until the Fund’s target retirement date. Under normal market conditions, the fund invests substantially all of its assets in underlying funds using an asset allocation strategy designed for investors expected to retire in 2045.


Asset Allocation


Equity	% of Total

Emerging Markets	6%

International Large Cap	16%

International Small Cap	3%

Large Blend	3%

Natural Resources	3%

Small Growth	1%

Small Value	1%

U.S. Large Cap	43%

U.S. Mid Cap	12%

U.S. Small Cap	7%

Fixed Income	% of Total

Bank Loan	1%

High Yield Bond	1%

Intermediate Bond	1%

Multi-Sector Bond	1%

U.S. Government &
Agency	1%

As a percentage of net assets on February 28, 2010.

Portfolio results

For the six months ended February 28, 2010, John Hancock Lifecycle 2045 Portfolio’s Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares returned 9.01%, 9.01%, 8.96%, 9.17%, 9.30% and 9.25%, respectively, at net asset value. In comparison, the Portfolio’s benchmark index, the Standard & Poor’s 500 Index, returned 9.32% over the same period and the average target date 2041–2045 portfolio returned 7.85%, according to Morningstar, Inc.¹

Performance review

The John Hancock Lifecycle 2045 Portfolio posted strong absolute results and performed in line with its benchmark. Our equity manager allocations were a positive contributor to relative results, led primarily by our U.S. small-cap and international equity managers.

Specifically, within international equities, six of the seven managers outperformed their asset class benchmark. The International Small Cap Fund (Templeton) contributed to performance due to its stock selection across European apparel stocks and Asian bank stocks. The Emerging Markets Value Fund (DFA) outperformed, driven by the fund’s investments in small-cap and deep-value stocks. Natural Resources Fund (Wellington) added to relative results, helped by the fund’s underweight to ExxonMobil and strong stock picking within the metals and mining and the paper and forest products industries. The Value & Restructuring Fund (Columbia) contributed due to its strong stock selection within the energy and materials sectors, most notably among coal and mining stocks. Conversely, the Large Cap Value Fund (BlackRock) detracted from results due to the fund’s stock selection decisions across the industrials, energy and materials sectors as well as an underweight to the consumer discretionary sector.

Within fixed income, our overall manager contribution was neutral. However, the Portfolio did benefit from the multi-sector bond funds which outperformed the Barclays Capital U.S. Aggregate Bond Index due to a greater exposure to credit securities.

Over the period, our overall asset-allocation mix slightly detracted from results. There were several asset classes that contributed to performance, including emerging markets, U.S. mid-cap and U.S. small-cap equities and to a lesser degree high-yield bonds and floating-rate loans. However, these positives were more than offset by the Portfolio’s exposures to international large-cap and international small-cap equities which detracted from relative performance.

¹Figures from Morningstar, Inc. include reinvested dividends and do not take into account sales charges. Actual load-adjusted performance is lower.

Past performance is no guarantee of future results.

This commentary reflects the views of the portfolio management team through the end of the Fund’s period discussed in this report. The team’s statements reflect their own opinions. As such, they are in no way guarantees of future events and are not intended to be used as investment advice or a recommendation regarding any specific security. They are also subject to change at any time as market and other conditions warrant.

SCORECARD


INVESTMENT		PERIOD’S PERFORMANCE... AND WHAT’S BEHIND THE NUMBERS

Natural Resources	▲	Good stock selection
Fund (Wellington)

Emerging Markets	▲	Small-cap and deep value investments
Value Fund (DFA)

Large Cap Value Fund	▼	Stock selection in select sectors and an underweight to
(BlackRock)		consumer discretionary

Subadviser shown in parentheses


4	Lifecycle 2045 Portfolio \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Lifecycle 2045 Portfolio Class A shares for the period indicated. For comparison, we’ve shown the same investment in the S&P 500 Index.


	Class R1²	Class R3²	Class R4²	Class R5²	Class 1²

Period beginning	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Ending value	$9,018	$9,041	$9,132	$9,218	$9,221

Index	8,636	8,636	8,636	8,636	8,636

Assuming all distributions were reinvested for the period indicated, the table above shows the value of a $10,000 investment in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 shares, respectively, as of February 28, 2010. Performance of the classes will vary based on the difference in sales charges paid by shareholders investing in the different classes and the fee structure of those classes.

Standard & Poor’s 500 Index is an unmanaged index that includes 500 widely traded common stocks.

Performance chart

Total returns with maximum sales charge for the period ended February 28, 2010.


	Class A	Class R1²	Class R3²	Class R4²	Class R5²	Class 1²
Inception	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Average annual returns — 1 year	51.33%	59.11%	59.24%	59.96%	60.24%	60.18%

Average annual returns — Since inception	–4.35%	–3.05%	–2.98%	–2.68%	–2.41%	–2.40%

Cumulative returns — 1 year	51.33%	59.11%	59.24%	59.96%	60.24%	60.18%

Cumulative returns — Since inception	–13.79%	–9.82%	–9.59%	–8.68%	–7.82%	–7.79%

Cumulative returns — 6 months	3.54%	9.01%	8.96%	9.17%	9.30%	9.25%

Performance figures assume all distributions are reinvested. Returns at public offering price (POP) reflect a sales charge on Class A shares of 5%. Sales charges are not applicable for Class R1, Class R3, Class R4, Class R5 and Class 1 shares.

The expense ratios of the Portfolio, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Portfolio and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The following expense ratios include expenses of the underlying affiliated funds in which the Portfolio invests. The net expenses are as follows: Class A — 1.43%, Class R1 — 1.59%, Class R3 — 1.49%, Class R4 — 1.24% and Class R5 — 0.94%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 2.70%, Class R1 — 6.07%, Class R3 — 7.31%, Class R4 — 6.89% and Class R5 — 8.20%. For Class 1, the net expenses equal the gross expenses and are as follows: Class 1 — 0.99%.

The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility, the Portfolio’s current performance may be higher or lower than the performance shown. For performance data current to the most recent month end, please call 1-800-225-5291 or visit the Portfolio’s Web site at www.jhfunds.com.

The performance table and chart do not reflect the deduction of taxes that a shareholder may pay on Portfolio distributions or the redemption of Portfolio shares.

The Portfolio’s performance results reflect any applicable expense reductions, without which the expenses would increase and results would have been less favorable.

It is not possible to invest directly in an index. Index figures do not reflect sales charges and would be lower if they did.

Since inception performance is calculated with an opening price on the inception date of the Portfolio.

¹NAV represents net asset value and POP represents public offering price.

²For certain types of investors as described in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 share prospectuses.


	Semiannual report \| Lifecycle 2045 Portfolio	5

John Hancock
Lifecycle 2040 Portfolio

Goal and strategy


Asset Allocation

Equity	% of Total

Emerging Markets	6%

International Large Cap	16%

International Small Cap	3%

Large Blend	3%

Natural Resources	3%

Small Growth	1%

Small Value	1%

U.S. Large Cap	43%

U.S. Mid Cap	12%

U.S. Small Cap	7%

Fixed Income	% of Total

Bank Loan	1%

High Yield Bond	1%

Intermediate Bond	1%

Multi-Sector Bond	1%

U.S. Government
& Agency	1%

As a percentage of net assets on February 28, 2010.

Portfolio results

For the six months ended February 28, 2010, John Hancock Lifecycle 2040 Portfolio’s Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares returned 9.00%, 8.88%, 8.98%, 9.05%, 9.30% and 9.39%, respectively, at net asset value. In comparison, the Portfolio’s benchmark index, the Standard & Poor’s 500 Index, returned 9.32% and the average target-date 2036–2040 portfolio returned 7.70%, according to Morningstar, Inc.¹

Performance review

The John Hancock Lifecycle 2040 Portfolio posted strong absolute results and performed in line with its benchmark. Our equity manager allocations were a positive contributor to relative results, led primarily by our U.S. small-cap and international equity managers.

Specifically, within international equities, six of the seven managers outperformed their asset class benchmark. The International Small Cap Fund (Templeton) contributed to performance due to its stock selection across European apparel stocks and Asian bank stocks. The Emerging Markets Value Fund (DFA) outperformed, driven by the fund’s investments in small-cap and deep-value stocks. The Natural Resources Fund (Wellington) added to relative results, helped by the fund’s underweight to ExxonMobil and strong stock picking within the metals and mining and the paper and forest products industries. The Value & Restructuring Fund (Columbia) contributed positively due to its strong stock selection within the energy and materials sectors, most notably among coal and mining stocks. Conversely, the Large Cap Value Fund (BlackRock) detracted from results due to the fund’s stock selection decisions across the industrials, energy and materials sectors as well as an underweight to the consumer discretionary sector.

Within fixed income, our overall manager contribution was neutral. However, the Portfolio did benefit from the multi-sector bond funds, which outperformed the Barclays Capital U.S. Aggregate Bond Index due to a greater exposure to credit securities.

Over the period, our overall asset-allocation mix slightly detracted from results. There were several asset classes that contributed positively to performance, including emerging-markets, U.S. mid-cap and U.S. small-cap equities and to a lesser degree high-yield bonds and floating-rate loans. However, these positives were more than offset by the Portfolio’s exposures to international large-cap and international small-cap equities, which detracted from relative performance.

¹Figures from Morningstar, Inc. include reinvested dividends and do not take into account sales charges. Actual load-adjusted performance is lower.

Past performance is no guarantee of future results.

SCORECARD


INVESTMENT		PERIOD’S PERFORMANCE... AND WHAT’S BEHIND THE NUMBERS

Natural Resources	▲	Good stock selection
Fund (Wellington)

Emerging Markets	▲	Small-cap and deep value investments
Value Fund (DFA)

Large Cap Value Fund	▼	Stock selection in select sectors and an underweight to
(BlackRock)		consumer discretionary

Subadviser shown in parentheses


6	Lifecycle 2040 Portfolio \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Lifecycle 2040 Portfolio Class A shares for the period indicated. For comparison, we’ve shown the same investment in the S&P 500 Index.


	Class R1²	Class R3²	Class R4²	Class R5²	Class 1²

Period beginning	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Ending value	$9,028	$9,040	$9,132	$9,227	$9,231

Index	8,636	8,636	8,636	8,636	8,636

Standard & Poor’s 500 Index is an unmanaged index that includes 500 widely traded common stocks.

Performance chart

Total returns with maximum sales charge for the period ended February 28, 2010.


	Class A	Class R1²	Class R3²	Class R4²	Class R5²	Class 1²

Inception	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Average annual returns — 1 year	51.51%	59.11%	59.36%	59.77%	60.25%	60.18%

Average annual returns — Since inception	–4.28%	–3.02%	–2.98%	–2.68%	–2.38%	–2.37%

Cumulative returns — 1 year	51.51%	59.11%	59.36%	59.77%	60.25%	60.18%

Cumulative returns — Since inception	–13.60%	–9.72%	–9.60%	–8.68%	–7.73%	–7.69%

Cumulative returns — 6 months	3.54%	8.88%	8.98%	9.05%	9.30%	9.39%

The expense ratios of the Portfolio, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Portfolio and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The following expense ratios include expenses of the underlying affiliated funds in which the Portfolio invests. The net expenses are as follows: Class A — 1.43%, Class R1 — 1.58%, Class R3 — 1.48%, Class R4 — 1.23% and Class R5 — 0.93%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 2.41%, Class R1 — 5.37%, Class R3 — 2.76%, Class R4 — 7.59% and Class R5 — 3.34%. For Class 1, the net expenses equal the gross expenses and are as follows: Class 1 — 0.98%.

The performance table and chart do not reflect the deduction of taxes that a shareholder may pay on Portfolio distributions or the redemption of Portfolio shares.

The Portfolio’s performance results reflect any applicable expense reductions, without which the expenses would increase and results would have been less favorable.

It is not possible to invest directly in an index. Index figures do not reflect sales charges and would be lower if they did.

Since inception performance is calculated with an opening price on the inception date of the Portfolio.

¹NAV represents net asset value and POP represents public offering price.

²For certain types of investors as described in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 share prospectuses.


	Semiannual report \| Lifecycle 2040 Portfolio	7

John Hancock
Lifecycle 2035 Portfolio

Goal and strategy


Asset Allocation

Equity	% of Total

Emerging Markets	6%

International Large Cap	16%

International Small Cap	3%

Large Blend	3%

Natural Resources	3%

Small Growth	1%

Small Value	1%

U.S. Large Cap	43%

U.S. Mid Cap	12%

U.S. Small Cap	7%

Fixed Income	% of Total

Bank Loan	1%

High Yield Bond	1%

Intermediate Bond	1%

Multi-Sector Bond	1%

U.S. Government
& Agency	1%

As a percentage of net assets on February 28, 2010.

Portfolio results

For the six months ended February 28, 2010, John Hancock Lifecycle 2035 Portfolio’s Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares returned 9.13%, 8.86%, 9.04%, 9.16%, 9.28% and 9.24%, respectively, at net asset value. In comparison, the Portfolio’s benchmark index, the Standard & Poor’s 500 Index, returned 9.32% and the average target-date 2031–2035 portfolio returned 7.73%, according to Morningstar, Inc.¹

Performance review

The John Hancock Lifecycle 2035 Portfolio posted strong absolute results and performed in line with its benchmark. Our equity manager allocations were a positive contributor to relative results, led primarily by our U.S. small-cap and international equity managers.

Specifically, within international equities, six of the seven managers outperformed their asset class benchmark. The International Small Cap Fund (Templeton) contributed to performance due to its stock selection across European apparel stocks and Asian bank stocks. The Emerging Markets Value Fund (DFA) outperformed, driven by the fund’s investments in small-cap and deep-value stocks. The Natural Resources Fund (Wellington) added to relative results, helped by the fund’s underweight to ExxonMobil and solid stock picking within the metals and mining and the paper and forest products industries. The Value & Restructuring Fund (Columbia) contributed due to its strong stock selection within the energy and materials sectors, most notably among coal and mining stocks. Conversely, the Large Cap Value Fund (BlackRock) detracted from results due to the fund’s stock selection decisions across the industrials, energy and materials sectors as well as an underweight to the consumer discretionary sector.

Over the period, our overall asset-allocation mix slightly detracted from results. There were several asset classes that contributed positively to performance, including emerging-market, U.S. mid-cap and U.S. small-cap equities and to a lesser degree high-yield bonds and floating-rate loans. However, these positives were more than offset by the Portfolio’s exposures to international large-cap and international small-cap equities, which detracted from relative performance.

¹Figures from Morningstar, Inc. include reinvested dividends and do not take into account sales charges. Actual load-adjusted performance is lower.

Past performance is no guarantee of future results.

SCORECARD


INVESTMENT		PERIOD’S PERFORMANCE... AND WHAT’S BEHIND THE NUMBERS

Natural Resources	▲	Good stock selection
Fund (Wellington)

Emerging Markets	▲	Small-cap and deep value investments
Value Fund (DFA)

Large Cap Value Fund	▼	Stock selection in select sectors and an underweight to
(BlackRock)		consumer discretionary

Subadviser shown in parentheses


8	Lifecycle 2035 Portfolio \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Lifecycle 2035 Portfolio Class A shares for the period indicated. For comparison, we’ve shown the same investment in the S&P 500 Index.


	Class R1²	Class R3²	Class R4²	Class R5²	Class 1²

Period beginning	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Ending value	$9,024	$9,053	$9,138	$9,223	$9,228

Index	8,636	8,636	8,636	8,636	8,636

Standard & Poor’s 500 Index is an unmanaged index that includes 500 widely traded common stocks.

Performance chart

Total returns with maximum sales charge for the period ended February 28, 2010.


	Class A	Class R1²	Class R3²	Class R4²	Class R5²	Class 1²

Inception	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Average annual returns — 1 year	51.54%	59.11%	59.36%	59.96%	60.24%	60.17%

Average annual returns — Since inception	–4.29%	–3.03%	–2.94%	–2.66%	–2.39%	–2.38%

Cumulative returns — 1 year	51.54%	59.11%	59.36%	59.96%	60.24%	60.17%

Cumulative returns — Since inception	–13.62%	–9.76%	–9.47%	–8.62%	–7.77%	–7.72%

Cumulative returns — 6 months	3.67%	8.86%	9.04%	9.16%	9.28%	9.24%

The expense ratios of the Portfolio, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Portfolio and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The following expense ratios include expenses of the underlying affiliated funds in which the Portfolio invests. The net expenses are as follows: Class A — 1.42%, Class R1 — 1.57%, Class R3 — 1.52%, Class R4 — 1.22% and Class R5 — 0.92%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 2.09%, Class R1 — 5.29%, Class R3 — 5.27%, Class R4 — 10.07% and Class R5 — 7.98%. For Class 1, the net expenses equal the gross expenses and are as follows: Class 1 — 0.97%.

The performance table and chart above do not reflect the deduction of taxes that a shareholder may pay on Portfolio distributions or the redemption of Portfolio shares.

The Portfolio’s performance results reflect any applicable expense reductions, without which the expenses would increase and results would have been less favorable.

It is not possible to invest directly in an index. Index figures do not reflect sales charges and would be lower if they did.

Since inception performance is calculated with an opening price on the inception date of the Portfolio.

¹NAV represents net asset value and POP represents public offering price.

²For certain types of investors as described in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 share prospectuses.


	Semiannual report \| Lifecycle 2035 Portfolio	9

John Hancock
Lifecycle 2030 Portfolio

Goal and strategy


Asset Allocation

Equity	% of Total

Emerging Markets	6%

International Large Cap	15%

International Small Cap	2%

Large Blend	3%

Natural Resources	3%

Real Estate	1%

Small Growth	1%

Small Value	1%

U.S. Large Cap	43%

U.S. Mid Cap	12%

U.S. Small Cap	6%

Fixed Income	% of Total

Bank Loan	1%

High Yield Bond	2%

Intermediate Bond	1%

Multi-Sector Bond	1%

U.S. Government
& Agency	2%

As a percentage of net assets on February 28, 2010.

Portfolio results

For the six months ended February 28, 2010, John Hancock Lifecycle 2030 Portfolio’s Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares returned 9.06%, 8.94%, 8.85%, 8.99%, 9.26% and 9.35%, respectively, at net asset value. In comparison, the Standard & Poor’s 500 Index returned 9.32%, the Barclays Capital U.S. Aggregate Bond Index returned 3.19% and a blended index —90% S&P 500 Index/10% Barclays Capital U.S. Aggregate Bond Index — returned 8.74% over the same period. At the same time, the average target-date 2026–2030 portfolio returned 7.39%, according to Morningstar, Inc.¹

Performance review

The John Hancock Lifecycle 2030 Portfolio’s outperformance of the blended index was primarily attributable to our overall manager allocations. Our equity managers were the primary contributors to positive performance over the period. The Value & Restructuring Fund (Columbia) contributed due to its strong stock selection within the energy and materials sectors, most notably among coal and mining stocks. The Natural Resources Fund (Wellington) added to relative results, helped by the fund’s underweight to ExxonMobil and strong stock picking within the metals and mining and the paper and forest products industries. The Emerging Markets Value Fund (DFA) also outperformed, driven by the fund’s investments in small-cap and deep-value stocks. The Small Cap Intrinsic Value Fund (MFC Global (U.S.)) contributed to results due to its stock selection across most sectors, most notably information technology, health care and consumer discretionary. Con versely, the Large Cap Value Fund (BlackRock) detracted from results due to the fund’s stock selection decisions across the industrials, energy and materials sectors as well as an underweight to the consumer discretionary sector.

Over the period, our overall asset-allocation mix slightly detracted from results. There were several asset classes that contributed to performance, including emerging-market and U.S. mid-cap equities and to a lesser degree high-yield bonds and floating-rate loans. However, these positives were more than offset by the Portfolio’s exposures to international large-cap and international small-cap equities, which detracted from relative performance.

¹Figures from Morningstar, Inc. include reinvested dividends and do not take into account sales charges. Actual load-adjusted performance is lower.

Past performance is no guarantee of future results.

SCORECARD


INVESTMENT		PERIOD’S PERFORMANCE... AND WHAT’S BEHIND THE NUMBERS

Value & Restructuring	▲	Stock selection in energy and materials
Fund (Columbia)

Emerging Markets	▲	Small-cap and deep value investments
Value Fund (DFA)

Large Cap Value Fund	▼	Stock selection in select sectors and an underweight to
(BlackRock)		consumer discretionary

Subadviser shown in parentheses


10	Lifecycle 2030 Portfolio \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Lifecycle 2030 Portfolio Class A shares for the period indicated. For comparison, we’ve shown the same investment in a blended Index and two separate indexes.


	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Period beginning	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Ending value	$8,991	$9,009	$9,100	$9,191	$9,197

Index 1	8,636	8,636	8,636	8,636	8,636

Index 2	12,267	12,267	12,267	12,267	12,267

Index 3²	8,986	8,986	8,986	8,986	8,986

Standard & Poor’s 500 Index — Index 1 — is an unmanaged index that includes 500 widely traded common stocks.

Barclays Capital U.S. Aggregate Bond Index — Index 2 — is an unmanaged index of dollar-denominated and non-convertible investment grade debt issues.

Standard & Poor’s 500/Barclays Capital U.S. Aggregate Bond Index Blend — Index 3 — is comprised of 90% Standard & Poor’s 500 Index and 10% Barclays Capital U.S. Aggregate Bond Index.

The Portfolio has added the returns of separate indexes to show the individual returns of broad-based securities market indexes.

Performance chart

Total returns with maximum sales charge for the period ended February 28, 2010.


	Class A	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Inception	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Average annual returns — 1 year	51.12%	58.80%	58.87%	59.27%	59.97%	59.90%

Average annual returns — Since inception	–4.35%	–3.13%	–3.08%	–2.79%	–2.50%	–2.47%

Cumulative returns — 1 year	51.12%	58.80%	58.87%	59.27%	59.97%	59.90%

Cumulative returns — Since inception	–13.80%	–10.09%	–9.91%	–9.00%	–8.09%	–8.03%

Cumulative returns — 6 months	3.59%	8.94%	8.85%	8.99%	9.26%	9.35%

The expense ratios of the Portfolio, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Portfolio and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The following expense ratios include expenses of the underlying affiliated funds in which the Portfolio invests. The net expenses are as follows: Class A — 1.41%, Class R1 — 1.56%, Class R3 — 1.51%, Class R4 — 1.21% and Class R5 — 0.91%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 1.86%, Class R1 — 3.84%, Class R3 — 3.89%, Class R4 — 6.23% and Class R5 — 2.41%. For Class 1, the net expenses equal the gross expenses and are as follows: Class 1 — 0.96%.

The performance table and chart above do not reflect the deduction of taxes that a shareholder may pay on Portfolio distributions or the redemption of Portfolio shares.

The Portfolio’s performance results reflect any applicable expense reductions, without which the expenses would increase and results would have been less favorable.

It is not possible to invest directly in an index. Index figures do not reflect sales charges and would be lower if they did.

Since inception performance is calculated with an opening price on the inception date of the Portfolio.

¹NAV represents net asset value and POP represents public offering price.

²Since inception returns for the index begin on the month end closest to the actual inception date of the Portfolio.

³For certain types of investors as described in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 share prospectuses.


	Semiannual report \| Lifecycle 2030 Portfolio	11

John Hancock
Lifecycle 2025 Portfolio

Goal and strategy


Asset Allocation

Equity	% of Total

Emerging Markets	5%

International Large Cap	13%

International Small Cap	2%

Large Blend	3%

Natural Resources	2%

Real Estate	1%

Small Growth	1%

Small Value	1%

U.S. Large Cap	43%

U.S. Mid Cap	10%

U.S. Small Cap	4%

Fixed Income	% of Total

Bank Loan	2%

Global Bond	1%

High Yield Bond	4%

Intermediate Bond	3%

Multi-Sector Bond	2%

U.S. Government
& Agency	3%

As a percentage of net assets on February 28, 2010.

Portfolio results

For the six months ended February 28, 2010, John Hancock Lifecycle 2025 Portfolio’s Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares returned 9.09%, 8.98%, 9.02%, 9.30%, 9.30% and 9.26%, respectively, at net asset value. In comparison, the Standard & Poor’s 500 Index returned 9.32%, the Barclays Capital U.S. Aggregate Bond Index returned 3.19% and a blended index — 90% S&P 500 Index/10% Barclays Capital U.S. Aggregate Bond Index —returned 8.74% over the same period. At the same time, the average target-date 2021–2025 portfolio returned 7.48%, according to Morningstar, Inc.¹

Performance review

The outperformance of John Hancock Lifecycle 2025 Portfolio versus the blended index was primarily attributable to our overall manager allocations. Our equity managers were the primary contributors to positive performance over the period. Value & Restructuring Fund (Columbia) contributed due to its strong stock selection within the energy and materials sectors, most notably among coal and mining stocks. Natural Resources Fund (Wellington) added to relative results, helped by the fund’s underweight to ExxonMobil and strong stock picking within the metals and mining and the paper and forest products industries. Emerging Markets Value Fund (DFA) outperformed, driven by the fund’s investments in small-cap and deep-value stocks. Small Cap Intrinsic Value Fund (MFC Global (U.S.)) contributed to results due to its stock selection across most sectors, most notably information technology, health care, and consumer discretionary. Conversely, Large Cap V alue Fund (BlackRock) detracted from results due to the fund’s stock selection decisions across the industrials, energy and materials sectors as well as an underweight to the consumer discretionary sector.

The contribution to performance from our overall fixed income manager allocations was slightly positive. Performance within fixed income was led by the multi-sector bond funds, such as Strategic Income Opportunities Fund (MFC Global (U.S.)), as they outperformed the Barclays Capital U.S. Aggregate Bond Index due to the funds’ greater exposure to credit securities.

Our overall asset-allocation mix slightly detracted from results. There were several asset classes that contributed to performance, including emerging-market and U.S. mid-cap equities and to a lesser degree high-yield bonds and floating-rate loans. However, these positives were offset by the Portfolio’s exposures to international large-cap and international small-cap equities, which detracted from relative performance.

¹Figures from Morningstar, Inc. include reinvested dividends and do not take into account sales charges. Actual load-adjusted performance is lower.

Past performance is no guarantee of future results.

SCORECARD


INVESTMENT		PERIOD’S PERFORMANCE... AND WHAT’S BEHIND THE NUMBERS

Value & Restructuring	▲	Stock selection in energy and materials
Fund (Columbia)

Emerging Markets	▲	Small-cap and deep value investments
Value Fund (DFA)

Large Cap Value Fund	▼	Stock selection in select sectors and an underweight to
(BlackRock)		consumer discretionary

Subadviser shown in parentheses


12	Lifecycle 2025 Portfolio \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Lifecycle 2025 Portfolio Class A shares for the period indicated. For comparison, we’ve shown the same investment in a blended index and two separate indexes.


	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Period beginning	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Ending value	$9,150	$9,179	$9,270	$9,351	$9,359

Index 1	8,636	8,636	8,636	8,636	8,636

Index 2	12,267	12,267	12,267	12,267	12,267

Index 3²	8,986	8,986	8,986	8,986	8,986

Standard & Poor’s 500 Index — Index 1 — is an unmanaged index that includes 500 widely traded common stocks.

Barclays Capital U.S. Aggregate Bond Index — Index 2 — is an unmanaged index of dollar-denominated and non-convertible investment grade debt issues.

Standard & Poor’s 500/Barclays Capital U.S. Aggregate Bond Index Blend — Index 3 — is comprised of 90% Standard & Poor’s 500 Index and 10% Barclays Capital U.S. Aggregate Bond Index.

The Portfolio has added the returns of separate indexes to show the individual returns of broad-based securities market indexes.

Performance chart

Total returns with maximum sales charge for the period ended February 28, 2010.


	Class A	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Inception	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Average annual returns — 1 year	49.83%	57.36%	57.61%	58.01%	58.51%	58.44%

Average annual returns — Since inception	–3.81%	–2.63%	–2.53%	–2.24%	–1.99%	–1.96%

Cumulative returns — 1 year	49.83%	57.36%	57.61%	58.01%	58.51%	58.44%

Cumulative returns — Since inception	–12.17%	–8.50%	–8.21%	–7.30%	–6.49%	–6.41%

Cumulative returns — 6 months	3.69%	8.98%	9.02%	9.30%	9.30%	9.26%

The expense ratios of the Portfolio, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Portfolio and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The following expense ratios include expenses of the underlying affiliated funds in which the Portfolio invests. The net expenses are as follows: Class A — 1.40%, Class R1 — 1.55%, Class R3 — 1.50%, Class R4 — 1.20% and Class R5 — 0.90%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 1.77%, Class R1 — 4.06%, Class R3 — 2.90%, Class R4 — 8.43% and Class R5 — 5.06%. For Class 1, the net expenses equal the gross expenses and are as follows: Class 1 — 0.95%.

The performance table and chart above do not reflect the deduction of taxes that a shareholder may pay on Portfolio distributions or the redemption of Portfolio shares.

The Portfolio’s performance results reflect any applicable expense reductions, without which the expenses would increase and results would have been less favorable.

It is not possible to invest directly in an index. Index figures do not reflect sales charges and would be lower if they did.

Since inception performance is calculated with an opening price on the inception date of the Portfolio.

¹NAV represents net asset value and POP represents public offering price.

²Since inception returns for the index begin on the month end closest to the actual inception date of the Portfolio.

³For certain types of investors as described in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 share prospectuses.


	Semiannual report \| Lifecycle 2025 Portfolio	13

John Hancock
Lifecycle 2020 Portfolio

Goal and strategy


Asset Allocation

Equity	% of Total

Emerging Markets	4%

International Large Cap	9%

International Small Cap	1%

Large Blend	3%

Natural Resources	2%

Real Estate	2%

U.S. Large Cap	42%

U.S. Mid Cap	8%

U.S. Small Cap	3%

Fixed Income	% of Total

Bank Loan	4%

Global Bond	1%

High Yield Bond	7%

Intermediate Bond	5%

Multi-Sector Bond	4%

U.S. Government
& Agency	5%

As a percentage of net assets on February 28, 2010.

Portfolio results

For the six months ended February 28, 2010, John Hancock Lifecycle 2020 Portfolio’s Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares returned 9.05%, 9.06%, 9.11%, 9.13%, 9.39% and 9.34%, respectively, at net asset value. In comparison, the Standard & Poor’s 500 Index returned 9.32%, the Barclays Capital U.S. Aggregate Bond Index returned 3.19% and a blended index — 80% S&P 500 Index/20% Barclays Capital U.S. Aggregate Bond Index — returned 8.14% over the same period. At the same time, the average target-date 2016–2020 portfolio returned 6.63%, according to Morningstar, Inc.¹

Performance review

The outperformance of John Hancock Lifecycle 2020 Portfolio versus the blended index was attributable to our overall asset-allocation mix as well as our overall manager allocations. The largest positive contributors to relative performance across our equity allocations included emerging-market and U.S. mid-cap equities and to a lesser degree U.S. real estate equities. These positives were offset by the Portfolio’s allocation to international large-cap and international small-cap equities. Fixed income provided very strong relative results. Specifically, our allocations to non-investment-grade sectors, such as high-yield bonds and floating-rate loans, added significant value to performance, as credit spreads continued to tighten throughout the second half of 2009. Additionally, the Portfolio’s exposure to Treasury Inflation-Protected Securities benefited relative results as investors’ inflation expectations increased.

Our equity managers contributed to performance during the period. Value & Restructuring Fund (Columbia) contributed due to its strong stock selection within the energy and materials sectors, most notably among coal and mining stocks. Natural Resources Fund (Wellington) added to relative results, helped by the fund’s underweight to ExxonMobil and strong stock picking within the metals and mining and the paper and forest products industries. Emerging Markets Value Fund (DFA) outperformed, driven by the fund’s investments in small-cap and deep-value stocks. Conversely, Large Cap Value Fund (BlackRock) detracted from results due to the fund’s stock selection decisions across the industrials, energy and materials sectors as well as an underweight to the consumer discretionary sector.

Our overall fixed-income manager allocations also contributed to performance. Total Return Fund (PIMCO) added to relative results due to continued recovery in their investment-grade corporate bond positions as well as the fund’s duration and yield curve positioning. The multi-sector bond funds, such as Strategic Income Opportunities Fund (MFC Global (U.S.)), outperformed the Barclays Capital U.S. Aggregate Bond Index due to greater exposure to credit securities.

¹Figures from Morningstar, Inc. include reinvested dividends and do not take into account sales charges. Actual load-adjusted performance is lower.

Past performance is no guarantee of future results.

SCORECARD


INVESTMENT		PERIOD’S PERFORMANCE... AND WHAT’S BEHIND THE NUMBERS
Value & Restructuring	▲	Stock selection in energy and materials
Fund (Columbia)

Total Return Fund	▲	Duration and yield curve positioning
(PIMCO)

Large Cap Value Fund	▼	Stock selection in select sectors and an underweight to
(BlackRock)		consumer discretionary
Subadviser shown in parentheses


14	Lifecycle 2020 Portfolio \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Lifecycle 2020 Portfolio Class A shares for the period indicated. For comparison, we’ve shown the same investment in a blended index and two separate indexes.


	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Period beginning	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Ending value	$9,454	$9,472	$9,555	$9,659	$9,667

Index 1	8,636	8,636	8,636	8,636	8,636

Index 2	12,267	12,267	12,267	12,267	12,267

Index 3²	9,343	9,343	9,343	9,343	9,343

Standard & Poor’s 500 Index — Index 1 — is an unmanaged index that includes 500 widely traded common stocks.

Barclays Capital U.S. Aggregate Bond Index — Index 2 — is an unmanaged index of dollar-denominated and non-convertible investment grade debt issues.

Standard & Poor’s 500/Barclays Capital U.S. Aggregate Bond Index Blend — Index 3 — is comprised of 80% Standard & Poor’s 500 Index and 20% Barclays Capital U.S. Aggregate Bond Index.

The Portfolio has added the returns of separate indexes to show the individual returns of broad-based securities market indexes.

Performance chart

Total returns with maximum sales charge for the period ended February 28, 2010.


	Class A	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³
Inception	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Average annual returns — 1 year	47.23%	54.92%	54.98%	55.21%	55.77%	55.71%

Average annual returns — Since inception	–2.94%	–1.67%	–1.61%	–1.35%	–1.03%	–1.01%

Cumulative returns — 1 year	47.23%	54.92%	54.98%	55.21%	55.77%	55.71%

Cumulative returns — Since inception	–9.48%	–5.46%	–5.28%	–4.45%	–3.41%	–3.33%

Cumulative returns — 6 months	3.65%	9.06%	9.11%	9.13%	9.39%	9.34%

The expense ratios of the Portfolio, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Portfolio and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The following expense ratios include expenses of the underlying affiliated funds in which the Portfolio invests. The net expenses are as follows: Class A — 1.38%, Class R1 — 1.53%, Class R3 — 1.48%, Class R4 — 1.18% and Class R5 — 0.88%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 1.63%, Class R1 — 2.88%, Class R3 — 3.06%, Class R4 — 8.02% and Class R5 — 2.73%. For Class 1, the net expenses equal the gross expenses and are as follows: Class 1 — 0.93%.

The performance table and chart above do not reflect the deduction of taxes that a shareholder may pay on Portfolio distributions or the redemption of Portfolio shares.

The Portfolio’s performance results reflect any applicable expense reductions, without which the expenses would increase and results would have been less favorable.

It is not possible to invest directly in an index. Index figures do not reflect sales charges and would be lower if they did.

Since inception performance is calculated with an opening price on the inception date of the Portfolio.

¹NAV represents net asset value and POP represents public offering price.

²Since inception returns for the index begin on the month end closest to the actual inception date of the Portfolio.

³For certain types of investors as described in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 share prospectuses.


	Semiannual report \| Lifecycle 2020 Portfolio	15

John Hancock
Lifecycle 2015 Portfolio

Goal and strategy


Asset Allocation

Equity	% of Total

Emerging Markets	4%

International Large Cap	7%

Large Blend	3%

Natural Resources	2%

Real Estate	2%

U.S. Large Cap	37%

U.S. Mid Cap	4%

U.S. Small Cap	3%

Fixed Income	% of Total

Bank Loan	4%

Global Bond	2%

High Yield Bond	9%

Intermediate Bond	10%

Multi-Sector Bond	8%

U.S. Government
& Agency	5%

As a percentage of net assets on February 28, 2010.

Portfolio results

For the six months ended February 28, 2010, John Hancock Lifecycle 2015 Portfolio’s Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares returned 8.69%, 8.69%, 8.74%, 8.76%, 9.03% and 8.98%, respectively, at net asset value. In comparison, the Standard & Poor’s 500 Index returned 9.32%, the Barclays Capital U.S. Aggregate Bond Index returned 3.19% and a blended index — 70% S&P 500 Index/30% Barclays Capital U.S. Bond Aggregate Index — returned 7.54% over the same period. At the same time, the average target-date 2011–2015 portfolio returned 6.72%, according to Morningstar, Inc.¹

Performance review

The outperformance of John Hancock Lifecycle 2015 Portfolio versus the blended index was attributable to our overall asset-allocation mix as well as our overall manager allocations. The largest positive contributors to relative performance across our equity allocations included emerging-market and U.S. mid-cap equities and to a lesser degree U.S. real estate equities. These positives were offset by the Portfolio’s allocation to international large-cap equities. Fixed income provided very strong relative results. Allocations to non-investment-grade sectors, such as high-yield bonds and floating-rate loans, added significantly to performance, as credit spreads continued to tighten throughout the second half of 2009. Additionally, the Portfolio’s exposure to Treasury Inflation-Protected Securities benefited relative results as investors’ inflation expectations increased.

Our fixed-income managers were the primary contributors to positive performance during the period. Total Return Fund (PIMCO) added to relative results due to continued recovery in their investment-grade corporate bond positions as well as the fund’s duration and yield curve positioning. The multi-sector bond funds, such as Strategic Income Opportunities Fund (MFC Global (U.S.)), outperformed the Barclays Capital U.S. Aggregate Bond Index due to greater exposure to credit securities. Despite the underperformance of the global bond asset class, Global Bond Fund (PIMCO) significantly outpaced its benchmark, resulting in an overall positive contribution.

The contribution to performance from our equity manager allocations was slightly positive. Value & Restructuring Fund (Columbia) contributed due to its strong stock selection within the energy and materials sectors, most notably among coal and mining stocks. Natural Resources Fund (Wellington) added to relative results, helped by an underweight to ExxonMobil and solid stock picking within the metals and mining and the paper and forest products industries. Conversely, Large Cap Value Fund (BlackRock) detracted from results due to stock selection decisions across the industrials, energy and materials sectors as well as an underweight to consumer discretionary.

¹Figures from Morningstar, Inc. include reinvested dividends and do not take into account sales charges. Actual load-adjusted performance is lower.

Past performance is no guarantee of future results.

SCORECARD


INVESTMENT		PERIOD’S PERFORMANCE... AND WHAT’S BEHIND THE NUMBERS

Total Return Fund	▲	Duration and yield curve positioning
(PIMCO)

Multi-sector bond	▲	Exposure to credit securities
funds

Large Cap Value Fund	▼	Stock selection in select sectors and an underweight to
(BlackRock)		consumer discretionary

Subadviser shown in parentheses


16	Lifecycle 2015 Portfolio \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Lifecycle 2015 Portfolio Class A shares for the period indicated. For comparison, we’ve shown the same investment in a blended index and two separate indexes.


	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Period beginning	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Ending value	$9,664	$9,683	$9,766	$9,873	$9,879

Index 1	8,636	8,636	8,636	8,636	8,636

Index 2	12,267	12,267	12,267	12,267	12,267

Index 3²	9,705	9,705	9,705	9,705	9,705

Standard & Poor’s 500 Index — Index 1 — is an unmanaged index that includes 500 widely traded common stocks.

Barclays Capital U.S. Aggregate Bond Index — Index 2 — is an unmanaged index of dollar-denominated and non-convertible investment grade debt issues.

Standard & Poor’s 500/Barclays Capital U.S. Aggregate Bond Index Blend — Index 3 — is comprised of 70% Standard & Poor’s 500 Index and 30% Barclays Capital U.S. Aggregate Bond Index.

The Portfolio has added the returns of separate indexes to show the individual returns of broad-based securities market indexes.

Performance chart

Total returns with maximum sales charge for the period ended February 28, 2010.


	Class A	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Inception	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Average annual returns — 1 year	42.99%	50.40%	50.46%	50.68%	51.23%	51.17%

Average annual returns — Since inception	–2.30%	–1.02%	–0.96%	–0.71%	–0.38%	–0.36%

Cumulative returns — 1 year	42.99%	50.40%	50.46%	50.68%	51.23%	51.17%

Cumulative returns — Since inception	–7.47%	–3.36%	–3.17%	–2.34%	–1.27%	–1.21%

Cumulative returns — 6 months	3.26%	8.69%	8.74%	8.76%	9.03%	8.98%

The expense ratios of the Portfolio, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Portfolio and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The following expense ratios include expenses of the underlying affiliated funds in which the Portfolio invests. The net expenses are as follows: Class A — 1.37%, Class R1 — 1.52%, Class R3 — 1.47%, Class R4 — 1.17% and Class R5 — 0.87%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 1.79%, Class R1 — 5.89%, Class R3 — 3.35%, Class R4 — 6.10% and Class R5 — 5.80%. For Class 1, the net expenses equal the gross expenses and are as follows: Class 1 — 0.92%.

The performance table and chart above do not reflect the deduction of taxes that a shareholder may pay on Portfolio distributions or the redemption of Portfolio shares.

The Portfolio’s performance results reflect any applicable expense reductions, without which the expenses would increase and results would have been less favorable.

It is not possible to invest directly in an index. Index figures do not reflect sales charges and would be lower if they did.

Since inception performance is calculated with an opening price on the inception date of the Portfolio.

¹NAV represents net asset value and POP represents public offering price.

²Since inception returns for the index begin on the month end closest to the actual inception date of the Portfolio.

³For certain types of investors as described in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 share prospectuses.


	Semiannual report \| Lifecycle 2015 Portfolio	17

John Hancock
Lifecycle 2010 Portfolio

Goal and strategy


Asset Allocation

Equity	% of Total

Emerging Markets	2%

International Large Cap	7%

Large Blend	1%

Natural Resources	2%

Real Estate	2%

U.S. Large Cap	33%

U.S. Mid Cap	3%

U.S. Small Cap	2%

Fixed Income	% of Total

Bank Loan	5%

Global Bond	3%

High Yield Bond	10%

Intermediate Bond	15%

Multi-Sector Bond	11%

U.S. Government
& Agency	4%

As a percentage of net assets on February 28, 2010.

Portfolio results

For the six months ended February 28, 2010, John Hancock Lifecycle 2010 Portfolio’s Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares returned 8.38%, 8.38%, 8.30%, 8.57%, 8.61% and 8.69%, respectively, at net asset value. In comparison, the Standard & Poor’s 500 Index returned 9.32%, the Barclays Capital U.S. Aggregate Bond Index returned 3.19% and a blended index — 60% S&P 500 Index/40% Barclays Capital U.S. Aggregate Bond Index — returned 6.93% over the same period. At the same time, the average target-date 2000–2010 portfolio returned 6.28%, according to Morningstar, Inc.¹

Performance review

The outperformance of John Hancock Lifecycle 2010 Portfolio versus the blended index was attributable to our overall asset-allocation mix as well as our overall manager allocations. The largest contributors to relative performance across our equity allocations included emerging-market and U.S. mid-cap equities and to a lesser degree U.S. real estate equities. These positives were offset by the Portfolio’s allocation to international large-cap equities. Fixed income provided very strong relative results. Allocations to non-investment-grade sectors, such as high-yield bonds and floating-rate loans, added significant value to performance, as credit spreads continued to tighten throughout the second half of 2009. Additionally, the Portfolio’s exposure to Treasury Inflation-Protected Securities benefited relative results as investors’ inflation expectations increased.

Our fixed-income managers were the primary contributors to performance during the period. Total Return Fund (PIMCO) added to relative results due to continued recovery in their investment-grade corporate bond positions as well as the fund’s duration and yield curve positioning. The multi-sector bond funds, such as Strategic Income Opportunities Fund (MFC Global (U.S.)), outperformed the Barclays Capital U.S. Aggregate Bond Index due to greater exposure to credit securities. Despite the under-performance of the global bond asset class, Global Bond Fund (PIMCO) significantly outpaced its benchmark, resulting in an overall positive contribution.

¹Figures from Morningstar, Inc. include reinvested dividends and do not take into account sales charges. Actual load-adjusted performance is lower.

Past performance is no guarantee of future results.

SCORECARD


INVESTMENT		PERIOD’S PERFORMANCE... AND WHAT’S BEHIND THE NUMBERS

Total Return Fund	▲	Duration and yield curve positioning
(PIMCO)

Multi-sector bond	▲	Exposure to credit securities
funds

Large Cap Value Fund	▼	Stock selection in select sectors and an underweight to
(BlackRock)		consumer discretionary

Subadviser shown in parentheses


18	Lifecycle 2010 Portfolio \| Semiannual report

Growth of $10,000

This chart shows what happened to a hypothetical $10,000 investment in John Hancock Lifecycle 2010 Portfolio Class A shares for the period indicated. For comparison, we’ve shown the same investment in a blended index and two separate indexes.


	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Period beginning	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Ending value	$9,909	$9,928	$10,035	$10,122	$10,136

Index 1	8,636	8,636	8,636	8,636	8,636

Index 2	12,267	12,267	12,267	12,267	12,267

Index 3¹	10,063	10,063	10,063	10,063	10,063

Standard & Poor’s 500 Index — Index 1 — is an unmanaged index that includes 500 widely traded common stocks.

Barclays Capital U.S. Aggregate Bond Index — Index 2 — is an unmanaged index of dollar-denominated and non-convertible investment grade debt issues.

Standard & Poor’s 500/Barclays Capital U.S. Aggregate Bond Index Blend — Index 3 — is comprised of 60% Standard & Poor’s 500 Index and 40% Barclays Capital U.S. Aggregate Bond Index.

The Portfolio has added the returns of separate indexes to show the individual returns of broad-based securities market indexes.

Performance chart

Total returns with maximum sales charge for the period ended February 28, 2010.


	Class A	Class R1³	Class R3³	Class R4³	Class R5³	Class 1³

Inception	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06	10-30-06

Average annual returns — 1 year	38.66%	45.90%	45.96%	46.51%	46.74%	46.85%

Average annual returns — Since inception	–1.58%	–0.27%	–0.22%	0.11%	0.36%	0.40%

Cumulative returns — 1 year	38.66%	45.90%	45.96%	46.51%	46.74%	46.85%

Cumulative returns — Since inception	–5.18%	–0.91%	–0.72%	0.35%	1.22%	1.36%

Cumulative returns — 6 months	2.97%	8.38%	8.30%	8.57%	8.61%	8.69%

The expense ratios of the Portfolio, both net (including any fee waivers or expense limitations) and gross (excluding any fee waivers or expense limitations), are set forth according to the most recent publicly available prospectuses for the Portfolio and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. The waivers and expense limitations are contractual at least until December 31, 2010. The following expense ratios include expenses of the underlying affiliated funds in which the Portfolio invests. The net expenses are as follows: Class A — 1.37%, Class R1 — 1.52%, Class R3 — 1.47%, Class R4 — 1.17% and Class R5 — 0.87%. Had the fee waivers and expense limitations not been in place, the gross expenses would be as follows: Class A — 1.95%, Class R1 — 10.67%, Class R3 — 3.07%, Clas s R4 —12.66% and Class R5 — 6.59%. For Class 1, the net expenses equal the gross expenses and are as follows: Class 1 — 0.92%.

The performance table and chart above do not reflect the deduction of taxes that a shareholder may pay on Portfolio distributions or the redemption of Portfolio shares.

The Portfolio’s performance results reflect any applicable expense reductions, without which the expenses would increase and results would have been less favorable.

It is not possible to invest directly in an index. Index figures do not reflect sales charges and would be lower if they did.

Since inception performance is calculated with an opening price on the inception date of the Portfolio.

¹Since inception returns for the index begin on the month end closest to the actual inception date of the Portfolio.

²NAV represents net asset value and POP represents public offering price.

³For certain types of investors as described in the Portfolio’s Class R1, Class R3, Class R4, Class R5 and Class 1 share prospectuses. .


	Semiannual report \| Lifecycle 2010 Portfolio	19

Your expenses

As a shareholder of a John Hancock Lifecyle Portfolio, you incur two types of costs: (1) transaction costs, including sales charges (loads) on certain purchase and redemption fees on certain exchanges and redemptions, and (2) ongoing costs, including management fees, distribution and service (12b-1) fees and other Portfolio expenses. In addition to the operating expenses which each Portfolio bears directly, the Portfolio indirectly bears a pro rata share of the operating expenses of the affiliated underlying funds in which the Portfolio invests. Because the affiliated underlying funds have varied operating expenses and transaction costs and the Portfolio may own different proportions of the underlying funds at different times, the amount of expenses incurred indirectly by the Portfolio will vary. Had these indirect expenses been reflected in the following analysis, total expenses would have been higher than the amounts shown.

This example is intended to help you understand your ongoing costs (in dollars) of investing in the Portfolios so you can compare these costs with the ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 at the beginning of the period and held for the entire period (September 1, 2009 through February 28, 2010).

Actual expenses:

The first line of each share class in the table below and on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses paid during period” to estimate the expenses you paid on your account during this period.

Hypothetical example for comparison purposes:

The second line of each share class in the table below and on the following pages provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio for the share class and an assumed annualized rate of return of 5% per year before expenses, which is not the actual return of the share class. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in each Portfolio and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs and insurance-related charges. Therefore, the second line of each share class in the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.


20	Lifecycle Portfolios \| Semiannual report

Shareholder expense example chart


		Beginning	Ending	Expenses Paid
		Account Value	Account Value	During Period¹	Annualized
		9-1-09	2-28-10	9-1-09–2-28-10	Expense Ratio²
Lifecycle 2045 Portfolio

Class A	Actual	$1,000.00	$1,090.10	$3.32	0.64%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.60	3.21	0.64%

Class R1	Actual	1,000.00	1,090.10	3.89	0.75%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.00	3.76	0.75%

Class R3	Actual	1,000.00	1,089.60	3.42	0.66%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.50	3.31	0.66%

Class R4	Actual	1,000.00	1,091.70	2.07	0.40%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,022.80	2.01	0.40%

Class R5	Actual	1,000.00	1,093.00	0.52	0.10%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.30	0.50	0.10%

Class 1	Actual	1,000.00	1,092.50	0.83	0.16%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.00	0.80	0.16%
Lifecycle 2040 Portfolio

Class A	Actual	$1,000.00	$1,090.00	$3.21	0.62%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.70	3.11	0.62%

Class R1	Actual	1,000.00	1,088.80	3.88	0.75%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.76	0.75%

Class R3	Actual	1,000.00	1,089.80	3.37	0.65%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.60	3.26	0.65%

Class R4	Actual	1,000.00	1,090.50	2.07	0.40%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,022.80	2.01	0.40%

Class R5	Actual	1,000.00	1,093.00	0.52	0.10%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.30	0.50	0.10%

Class 1	Actual	1,000.00	1,093.90	0.78	0.15%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.10	0.75	0.15%
Lifecycle 2035 Portfolio

Class A	Actual	$1,000.00	$1,091.30	$3.16	0.61%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.80	3.06	0.61%

Class R1	Actual	1,000.00	1,088.60	3.88	0.75%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.76	0.75%

Class R3	Actual	1,000.00	1,090.40	3.63	0.70%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.30	3.51	0.70%

Class R4	Actual	1,000.00	1,091.60	2.07	0.40%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,022.80	2.01	0.40%

Class R5	Actual	1,000.00	1,092.80	0.52	0.10%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.30	0.50	0.10%

Class 1	Actual	1,000.00	1,092.40	0.78	0.15%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.10	0.75	0.15%


	Semiannual report \| Lifecycle Portfolios	21

Shareholder expense example chart, continued


		Beginning	Ending	Expenses Paid
		Account Value	Account Value	During Period¹	Annualized
		9-1-09	2-28-10	9-1-09–2-28-10	Expense Ratio²
Lifecycle 2030 Portfolio

Class A	Actual	$1,000.00	$1,090.60	$3.11	0.60%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.80	3.01	0.60%

Class R1	Actual	1,000.00	1,089.40	3.83	0.74%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.71	0.74%

Class R3	Actual	1,000.00	1,088.50	3.57	0.69%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.40	3.46	0.69%

Class R4	Actual	1,000.00	1,089.90	2.02	0.39%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,022.90	1.96	0.39%

Class R5	Actual	1,000.00	1,092.60	0.47	0.09%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.30	0.45	0.09%

Class 1	Actual	1,000.00	1,093.50	0.73	0.14%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.10	0.70	0.14%
Lifecycle 2025 Portfolio

Class A	Actual	$1,000.00	$1,090.90	$3.11	0.60%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.80	3.01	0.60%

Class R1	Actual	1,000.00	1,089.80	3.83	0.74%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.71	0.74%

Class R3	Actual	1,000.00	1,090.20	3.58	0.69%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.40	3.46	0.69%

Class R4	Actual	1,000.00	1,093.00	2.02	0.39%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,022.90	1.96	0.39%

Class R5	Actual	1,000.00	1,093.00	0.47	0.09%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.30	0.45	0.09%

Class 1	Actual	1,000.00	1,092.60	0.73	0.14%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.10	0.70	0.14%
Lifecycle 2020 Portfolio

Class A	Actual	$1,000.00	$1,090.50	$3.06	0.59%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.90	2.96	0.59%

Class R1	Actual	1,000.00	1,090.60	3.84	0.74%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.71	0.74%

Class R3	Actual	1,000.00	1,091.10	3.58	0.69%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.40	3.46	0.69%

Class R4	Actual	1,000.00	1,091.30	2.02	0.39%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,022.90	1.96	0.39%

Class R5	Actual	1,000.00	1,093.90	0.47	0.09%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.30	0.45	0.09%

Class 1	Actual	1,000.00	1,093.40	0.73	0.14%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.10	0.70	0.14%


22	Lifecycle Portfolios \| Semiannual report

Shareholder expense example chart, continued


		Beginning	Ending	Expenses Paid
		Account Value	Account Value	During Period¹	Annualized
		9-1-09	2-28-10	9-1-09–2-28-10	Expense Ratio²
Lifecycle 2015 Portfolio

Class A	Actual	$1,000.00	$1,086.90	$3.10	0.60%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.80	3.01	0.60%

Class R1	Actual	1,000.00	1,086.90	3.83	0.74%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.71	0.74%

Class R3	Actual	1,000.00	1,087.40	3.57	0.69%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.40	3.46	0.69%

Class R4	Actual	1,000.00	1,087.60	2.02	0.39%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,022.90	1.96	0.39%

Class R5	Actual	1,000.00	1,090.30	0.47	0.09%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.30	0.45	0.09%

Class 1	Actual	1,000.00	1,089.80	0.73	0.14%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.10	0.70	0.14%
Lifecycle 2010 Portfolio

Class A	Actual	$1,000.00	$1,083.80	$3.10	0.60%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.80	3.01	0.60%

Class R1	Actual	1,000.00	1,083.80	3.82	0.74%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.71	0.74%

Class R3	Actual	1,000.00	1,083.00	3.56	0.69%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,021.40	3.46	0.69%

Class R4	Actual	1,000.00	1,085.70	2.02	0.39%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,022.90	1.96	0.39%

Class R5	Actual	1,000.00	1,086.10	0.47	0.09%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.30	0.45	0.09%

Class 1	Actual	1,000.00	1,086.90	0.72	0.14%
	Hypothetical (5% annualized return before expenses)	1,000.00	1,024.10	0.70	0.14%

¹Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by the number of days in the period (181) and divided by 365 (to reflect the one-half year period).

²Lifecycle Portfolios’ expense ratios do not include fees and expenses indirectly incurred by the underlying funds whose expense ratios can vary based on the mix of underlying funds held by the Portfolio. The range of expense ratios of the underlying funds held by the Portfolios was as follows:


Period	Lifecycle	Lifecycle	Lifecycle	Lifecycle	Lifecycle	Lifecycle	Lifecycle	Lifecycle
ended	2045	2040	2035	2030	2025	2020	2015	2010
2/28/10	0.48%–1.18%	0.48%–1.18%	0.48%–1.18%	0.48%–1.18%	0.48%–1.18%	0.48%–1.18%	0.48%–1.13%	0.48%–1.08%


	Semiannual report \| Lifecycle Portfolios	23

Portfolio’s investments

Investment companies

Underlying Funds’ Investment Managers


American Century Management, Inc.	(American Century)
BlackRock Investment Management, LLC	(BlackRock)
Columbia Management Advisors, LLC	(Columbia)
Davis Advisors	(Davis)
Declaration Management/	(Declaration)
John Hancock Advisers
Deutsche Asset Management	(Deutsche)
Dimensional Fund Advisors, Inc.	(DFA)
Franklin®Templeton®	(Templeton)
Frontier Capital Management Company	(Frontier)
Grantham, Mayo, Van Otterloo & Co.	(GMO)
Jennison Associates LLC	(Jennison)
Invesco AIM Management Company	(Invesco AIM)
Marsico Capital Management, LLC	(Marsico)
MFC Global Investment Management	(MFC Global U.S.A.)
(U.S.A.) Limited
MFC Global Investment Management	(MFC Global U.S.)
(U.S.), LLC
Morgan Stanley Investment
Management, Inc.	(Morgan Stanley)
Pacific Investment Management Company	(PIMCO)
Perimeter Capital Management, LLC	(Perimeter)
RiverSource Investments, LLC	(RiverSource)
SSgA Funds Management, Inc.	(SSgA)
Stone Harbor Investment Partners, LP	(Stone Harbor)
T. Rowe Price Associates, Inc.	(T. Rowe Price)
Wellington Management Company, LLP	(Wellington)
Wells Capital Management, Inc.	(Wells Capital)
Western Asset Management Company	(WAMCO)

Lifecycle 2045 Portfolio

Securities owned by the Portfolio on 2-28-10 (Unaudited)


	Shares	Value
Affiliated investment companies

JOHN HANCOCK FUNDS (G) — 0.79%

Small Cap Intrinsic Value, Class NAV
(MFC Global U.S.) (A)	197,045	$2,124,146

JOHN HANCOCK FUNDS II (G) — 97.33%

Alpha Opportunities, Class NAV (Wellington)	737,311	8,029,315

Blue Chip Growth, Class NAV (T. Rowe Price)	739,116	12,690,629

Capital Appreciation, Class NAV (Jennison)	1,227,480	12,017,029

Emerging Markets Value, Class NAV (DFA)	1,663,978	17,039,140

Equity-Income, Class NAV (T. Rowe Price)	216,244	2,694,401

Floating Rate Income, Class NAV (WAMCO)	213,390	2,020,801

Fundamental Value, Class NAV (Davis)	697,729	9,349,572

Global Bond, Class NAV (PIMCO)	57,209	680,784

Global High Yield, Class NAV (Stone Harbor)	94,210	943,040

Global Real Estate, Class NAV (Deutsche)	149,216	949,017

High Yield, Class NAV (WAMCO)	191,115	1,643,585

Index 500, Class NAV (MFC Global U.S.A.) (A)	7,703,943	62,941,212

International Equity Index, Class NAV (SSgA)	1,754,606	27,249,033

International Opportunities, Class NAV (Marsico)	418,653	5,053,139

International Small Cap, Class NAV (Templeton)	269,859	3,475,777

International Small Company, Class NAV (DFA)	492,447	3,481,597

International Value, Class NAV (Templeton)	389,982	5,054,172

Large Cap Value, Class NAV (BlackRock)	474,074	8,002,371

Mid Cap Index, Class NAV (MFC Global U.S.A.) (A)	667,815	10,885,381

Mid Cap Stock, Class NAV (Wellington)	571,420	8,165,585

Mid Cap Value Equity, Class NAV (RiverSource)	313,911	2,586,625

Mid Value, Class NAV (T. Rowe Price)	419,701	5,712,130

Multi-Sector Bond, Class NAV (Stone Harbor)	66,892	673,600

Natural Resources, Class NAV (Wellington)	389,365	7,577,033

Real Return Bond, Class NAV (PIMCO)	218,170	2,694,401

Small Cap Growth, Class NAV (Wellington) (I)	296,213	2,802,177

Small Cap Index, Class NAV (MFC Global U.S.A.) (A)	572,904	6,170,179

Small Cap Value, Class NAV (Wellington)	200,156	2,802,177

Small Company Growth, Class NAV (Invesco AIM)	266,874	2,802,177

Small Company Value, Class NAV (T. Rowe Price)	209,298	4,472,706

Smaller Company Growth, Class NAV
(Frontier/MFC Global U.S.A. (A)/Perimeter) (I)	241,984	2,802,177

Spectrum Income, Class NAV (T. Rowe Price)	65,271	673,600

Strategic Income Opportunities, Class NAV
(MFC Global U.S.) (A)	65,335	673,600

Total Bond Market, Class NAV (Declaration) (A)	245,295	2,536,351

U.S. High Yield Bond, Class NAV (Wells Capital)	75,807	943,040

Value & Restructuring, Class NAV (Columbia)	827,546	8,002,371

Value, Class NAV (Morgan Stanley)	232,698	2,047,745

Vista, Class NAV (American Century) (I)	570,044	4,241,128

JOHN HANCOCK FUNDS III (G) — 1.88%

International Core, Class NAV (GMO)	196,213	5,066,217

Total investments
(Cost $247,811,521) — 100.00%		$269,769,160

Other assets and liabilities, net — 0.00%		2,102

TOTAL NET ASSETS — 100.00%		$269,771,262

Percentages are stated as a percent of net assets.

(A) The subadviser is an affiliate of the adviser.

(G) The underlying fund’s subadviser is shown parenthetically.

(I) Non-income producing security.

See notes to financial statements


24	Lifecycle Portfolios \| Semiannual report

Lifecycle 2040 Portfolio

Securities owned by the Portfolio on 2-28-10 (Unaudited)


	Shares	Value
Affiliated investment companies

JOHN HANCOCK FUNDS (G) — 0.79%

Small Cap Intrinsic Value, Class NAV
(MFC Global U.S.) (A)	206,704	$2,228,265

JOHN HANCOCK FUNDS II (G) — 97.33%

Alpha Opportunities, Class NAV (Wellington)	771,310	8,399,570

Blue Chip Growth, Class NAV (T. Rowe Price)	773,199	13,275,830

Capital Appreciation, Class NAV (Jennison)	1,284,083	12,571,168

Emerging Markets Value, Class NAV (DFA)	1,740,804	17,825,829

Equity-Income, Class NAV (T. Rowe Price)	226,216	2,818,648

Floating Rate Income, Class NAV (WAMCO)	223,230	2,113,986

Fundamental Value, Class NAV (Davis)	729,904	9,780,707

Global Bond, Class NAV (PIMCO)	60,022	714,257

Global High Yield, Class NAV (Stone Harbor)	98,631	987,301

Global Real Estate, Class NAV (Deutsche)	156,553	995,678

High Yield, Class NAV (WAMCO)	199,927	1,719,375

Index 500, Class NAV (MFC Global U.S.A.) (A)	8,059,193	65,843,607

International Equity Index, Class NAV (SSgA)	1,835,616	28,507,109

International Opportunities, Class NAV (Marsico)	437,982	5,286,440

International Small Cap, Class NAV (Templeton)	282,302	3,636,055

International Small Company, Class NAV (DFA)	515,183	3,642,341

International Value, Class NAV (Templeton)	407,988	5,287,521

Large Cap Value, Class NAV (BlackRock)	495,935	8,371,383

Mid Cap Index, Class NAV (MFC Global U.S.A.) (A)	698,610	11,387,336

Mid Cap Stock, Class NAV (Wellington)	597,869	8,543,555

Mid Cap Value Equity, Class NAV (RiverSource)	328,563	2,707,359

Mid Value, Class NAV (T. Rowe Price)	439,055	5,975,533

Multi-Sector Bond, Class NAV (Stone Harbor)	69,976	704,662

Natural Resources, Class NAV (Wellington)	407,341	7,926,862

Real Return Bond, Class NAV (PIMCO)	228,747	2,825,023

Small Cap Growth, Class NAV (Wellington) (I)	309,872	2,931,393

Small Cap Index, Class NAV (MFC Global U.S.A.) (A)	599,322	6,454,703

Small Cap Value, Class NAV (Wellington)	209,385	2,931,393

Small Company Growth, Class NAV (Invesco AIM)	279,180	2,931,393

Small Company Value, Class NAV (T. Rowe Price)	218,950	4,678,955

Smaller Company Growth, Class NAV
(Frontier/MFC Global U.S.A. (A)/Perimeter) (I)	253,143	2,931,393

Spectrum Income, Class NAV (T. Rowe Price)	68,313	704,985

Strategic Income Opportunities, Class NAV
(MFC Global U.S.) (A)	68,347	704,662

Total Bond Market, Class NAV (Declaration) (A)	257,356	2,661,058

U.S. High Yield Bond, Class NAV (Wells Capital)	79,303	986,527

Value & Restructuring, Class NAV (Columbia)	866,748	8,381,458

Value, Class NAV (Morgan Stanley)	243,429	2,142,172

Vista, Class NAV (American Century) (I)	598,534	4,453,092

JOHN HANCOCK FUNDS III (G) — 1.88%

International Core, Class NAV (GMO)	205,272	5,300,119

Total investments
(Cost $264,555,588) — 100.00%		$282,268,703

Other assets and liabilities, net — 0.00%		247

TOTAL NET ASSETS — 100.00%		$282,268,950

Percentages are stated as a percent of net assets.

(A) The subadviser is an affiliate of the adviser.

(G) The underlying fund’s subadviser is shown parenthetically.

(I) Non-income producing security.

Lifecycle 2035 Portfolio

Securities owned by the Portfolio on 2-28-10 (Unaudited)


	Shares	Value
Affiliated investment companies

JOHN HANCOCK FUNDS (G) — 0.80%

Small Cap Intrinsic Value, Class NAV
(MFC Global U.S.) (A)	279,605	$3,014,141

JOHN HANCOCK FUNDS II (G) — 97.32%

Alpha Opportunities, Class NAV (Wellington)	1,028,524	11,200,629

Blue Chip Growth, Class NAV (T. Rowe Price)	1,031,043	17,703,008

Capital Appreciation, Class NAV (Jennison)	1,712,294	16,763,358

Emerging Markets Value, Class NAV (DFA)	2,321,814	23,775,372

Equity-Income, Class NAV (T. Rowe Price)	301,653	3,758,600

Floating Rate Income, Class NAV (WAMCO)	297,672	2,818,950

Fundamental Value, Class NAV (Davis)	973,309	13,042,343

Global Bond, Class NAV (PIMCO)	80,061	952,722

Global High Yield, Class NAV (Stone Harbor)	131,582	1,317,131

Global Real Estate, Class NAV (Deutsche)	208,910	1,328,671

High Yield, Class NAV (WAMCO)	266,697	2,293,596

Index 500, Class NAV (MFC Global U.S.A.) (A)	10,746,745	87,800,906

International Equity Index, Class NAV (SSgA)	2,448,270	38,021,632

International Opportunities, Class NAV (Marsico)	584,162	7,050,841

International Small Cap, Class NAV (Templeton)	376,444	4,848,595

International Small Company, Class NAV (DFA)	687,130	4,858,007

International Value, Class NAV (Templeton)	544,158	7,052,282

Large Cap Value, Class NAV (BlackRock)	661,318	11,163,043

Mid Cap Index, Class NAV (MFC Global U.S.A.) (A)	931,579	15,184,739

Mid Cap Stock, Class NAV (Wellington)	798,781	11,414,576

Mid Cap Value Equity, Class NAV (RiverSource)	438,559	3,613,723

Mid Value, Class NAV (T. Rowe Price)	585,469	7,968,233

Multi-Sector Bond, Class NAV (Stone Harbor)	93,479	941,334

Natural Resources, Class NAV (Wellington)	543,295	10,572,528

Real Return Bond, Class NAV (PIMCO)	305,117	3,768,198

Small Cap Growth, Class NAV (Wellington) (I)	413,266	3,909,498

Small Cap Index, Class NAV (MFC Global U.S.A.) (A)	799,182	8,607,195

Small Cap Value, Class NAV (Wellington)	279,210	3,908,944

Small Company Growth, Class NAV (Invesco AIM)	372,280	3,908,944

Small Company Value, Class NAV (T. Rowe Price)	291,964	6,239,277

Smaller Company Growth, Class NAV
(Frontier/MFC Global U.S.A. (A)/Perimeter) (I)	337,560	3,908,944

Spectrum Income, Class NAV (T. Rowe Price)	91,120	940,355

Strategic Income Opportunities, Class NAV
(MFC Global U.S.) (A)	91,576	944,150

Total Bond Market, Class NAV (Declaration) (A)	344,842	3,565,665

U.S. High Yield Bond, Class NAV (Wells Capital)	105,777	1,315,863

Value & Restructuring, Class NAV (Columbia)	1,156,086	11,179,350

Value, Class NAV (Morgan Stanley)	324,606	2,856,536

Vista, Class NAV (American Century) (I)	797,791	5,935,567

JOHN HANCOCK FUNDS III (G) — 1.88%

International Core, Class NAV (GMO)	273,783	7,069,087

Total investments
(Cost $355,994,025) — 100.00%		$376,516,533

Other assets and liabilities, net — (0.00%)		(7,510)

TOTAL NET ASSETS — 100.00%		$376,509,023

Percentages are stated as a percent of net assets.

(A) The subadviser is an affiliate of the adviser.

(G) The underlying fund’s subadviser is shown parenthetically.

(I) Non-income producing security.

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	25

Lifecycle 2030 Portfolio

Securities owned by the Portfolio on 2-28-10 (Unaudited)


	Shares	Value
Affiliated investment companies

JOHN HANCOCK FUNDS (G) — 0.71%

Small Cap Intrinsic Value, Class NAV
(MFC Global U.S.) (A)	327,699	$3,532,600

JOHN HANCOCK FUNDS II (G) — 97.55%

Alpha Opportunities, Class NAV (Wellington)	1,355,964	14,766,450

Blue Chip Growth, Class NAV (T. Rowe Price)	1,363,368	23,409,021

Capital Appreciation, Class NAV (Jennison)	2,265,002	22,174,368

Emerging Markets Value, Class NAV (DFA)	2,919,282	29,893,449

Equity-Income, Class NAV (T. Rowe Price)	396,357	4,938,612

Floating Rate Income, Class NAV (WAMCO)	625,801	5,926,335

Fundamental Value, Class NAV (Davis)	1,286,250	17,235,756

Global Bond, Class NAV (PIMCO)	167,791	1,996,715

Global High Yield, Class NAV (Stone Harbor)	281,277	2,815,581

Global Real Estate, Class NAV (Deutsche)	234,453	1,491,124

High Yield, Class NAV (WAMCO)	534,059	4,592,909

Index 500, Class NAV (MFC Global U.S.A.) (A)	14,011,876	114,477,029

International Equity Index, Class NAV (SSgA)	3,053,448	47,420,054

International Opportunities, Class NAV (Marsico)	705,868	8,519,823

International Small Cap, Class NAV (Templeton)	448,616	5,778,176

International Small Company, Class NAV (DFA)	818,724	5,788,382

International Value, Class NAV (Templeton)	657,528	8,521,565

Large Cap Value, Class NAV (BlackRock)	874,790	14,766,450

Mid Cap Index, Class NAV (MFC Global U.S.A.) (A)	1,163,452	18,964,270

Mid Cap Stock, Class NAV (Wellington)	998,818	14,273,113

Mid Cap Value Equity, Class NAV (RiverSource)	545,405	4,494,137

Mid Value, Class NAV (T. Rowe Price)	732,990	9,975,996

Multi-Sector Bond, Class NAV (Stone Harbor)	201,076	2,024,831

Natural Resources, Class NAV (Wellington)	685,798	13,345,632

Real Estate Equity, Class NAV (T. Rowe Price)	208,840	1,273,921

Real Return Bond, Class NAV (PIMCO)	639,820	7,901,779

Small Cap Growth, Class NAV (Wellington) (I)	485,508	4,592,909

Small Cap Index, Class NAV (MFC Global U.S.A.) (A)	936,557	10,086,718

Small Cap Value, Class NAV (Wellington)	328,065	4,592,909

Small Company Growth, Class NAV (Invesco AIM)	437,420	4,592,909

Small Company Value, Class NAV (T. Rowe Price)	342,028	7,309,146

Smaller Company Growth, Class NAV
(Frontier/MFC Global U.S.A. (A)/Perimeter) (I)	396,624	4,592,909

Spectrum Income, Class NAV (T. Rowe Price)	196,205	2,024,831

Strategic Income Opportunities, Class NAV
(MFC Global U.S.) (A)	196,395	2,024,831

Total Bond Market, Class NAV (Declaration) (A)	718,639	7,430,729

U.S. High Yield Bond, Class NAV (Wells Capital)	226,287	2,815,009

Value & Restructuring, Class NAV (Columbia)	1,527,037	14,766,450

Value, Class NAV (Morgan Stanley)	404,068	3,555,801

Vista, Class NAV (American Century) (I)	998,402	7,428,118

JOHN HANCOCK FUNDS III (G) — 1.73%

International Core, Class NAV (GMO)	330,824	8,541,867

Total investments
(Cost $468,227,313) — 99.99%		$494,653,214

Other assets and liabilities, net — 0.01%		36,436

TOTAL NET ASSETS — 100.00%		$494,689,650

Percentages are stated as a percent of net assets.

(A) The subadviser is an affiliate of the adviser.

(G) The underlying fund’s subadviser is shown parenthetically.

(I) Non-income producing security.

Lifecycle 2025 Portfolio

Securities owned by the Portfolio on 2-28-10 (Unaudited)


	Shares	Value
Affiliated investment companies

JOHN HANCOCK FUNDS (G) — 0.61%

Small Cap Intrinsic Value, Class NAV
(MFC Global U.S.) (A)	331,487	$3,573,427

JOHN HANCOCK FUNDS II (G) — 98.31%

Alpha Opportunities, Class NAV (Wellington)	1,617,466	17,614,205

Blue Chip Growth, Class NAV (T. Rowe Price)	1,540,511	26,450,567

Capital Appreciation, Class NAV (Jennison)	2,701,794	26,450,567

Emerging Markets Value, Class NAV (DFA)	3,092,774	31,670,006

Equity-Income, Class NAV (T. Rowe Price)	469,655	5,851,895

Floating Rate Income, Class NAV (WAMCO)	1,390,366	13,166,765

Fundamental Value, Class NAV (Davis)	1,537,214	20,598,672

Global Bond, Class NAV (PIMCO)	372,583	4,433,737

Global High Yield, Class NAV (Stone Harbor)	386,146	3,865,319

Global Real Estate, Class NAV (Deutsche)	583,080	3,708,392

High Yield, Class NAV (WAMCO)	1,309,632	11,262,833

Index 500, Class NAV (MFC Global U.S.A.) (A)	16,760,631	136,934,351

International Equity Index, Class NAV (SSgA)	3,517,505	54,626,854

International Opportunities, Class NAV (Marsico)	525,418	6,341,795

International Small Cap, Class NAV (Templeton)	399,819	5,149,668

International Small Company, Class NAV (DFA)	729,997	5,161,077

International Value, Class NAV (Templeton)	489,436	6,343,092

Large Cap Value, Class NAV (BlackRock)	1,001,894	16,911,978

Mid Cap Index, Class NAV (MFC Global U.S.A.) (A)	1,367,776	22,294,756

Mid Cap Stock, Class NAV (Wellington)	974,071	13,919,468

Mid Cap Value Equity, Class NAV (RiverSource)	541,120	4,458,831

Mid Value, Class NAV (T. Rowe Price)	713,751	9,714,146

Multi-Sector Bond, Class NAV (Stone Harbor)	441,652	4,447,441

Natural Resources, Class NAV (Wellington)	734,698	14,297,218

Real Estate Equity, Class NAV (T. Rowe Price)	400,598	2,443,650

Real Return Bond, Class NAV (PIMCO)	1,421,513	17,555,686

Small Cap Growth, Class NAV (Wellington) (I)	427,007	4,039,485

Small Cap Index, Class NAV (MFC Global U.S.A.) (A)	668,322	7,197,831

Small Cap Value, Class NAV (Wellington)	271,695	3,803,732

Small Company Growth, Class NAV (Invesco AIM)	384,864	4,041,077

Small Company Value, Class NAV (T. Rowe Price)	301,221	6,437,085

Smaller Company Growth, Class NAV
(Frontier/MFC Global U.S.A. (A)/Perimeter) (I)	348,688	4,037,808

Spectrum Income, Class NAV (T. Rowe Price)	430,954	4,447,441

Strategic Income Opportunities, Class NAV
(MFC Global U.S.) (A)	432,827	4,462,448

Total Bond Market, Class NAV (Declaration) (A)	1,234,971	12,769,599

Total Return, Class NAV (PIMCO)	264,759	3,748,992

U.S. High Yield Bond, Class NAV (Wells Capital)	620,971	7,724,883

Value & Restructuring, Class NAV (Columbia)	1,749,852	16,921,070

Value, Class NAV (Morgan Stanley)	412,293	3,628,175

Vista, Class NAV (American Century) (I)	972,252	7,233,552

JOHN HANCOCK FUNDS III (G) — 1.08%

International Core, Class NAV (GMO)	246,251	6,358,204

Total investments
(Cost $554,108,313) — 100.00%		$586,097,778

Other assets and liabilities, net — (0.00%)		(15,779)

TOTAL NET ASSETS — 100.00%		$586,081,999

Percentages are stated as a percent of net assets.

(A) The subadviser is an affiliate of the adviser.

(G) The underlying fund’s subadviser is shown parenthetically.

(I) Non-income producing security.

See notes to financial statements


26	Lifecycle Portfolios \| Semiannual report

Lifecycle 2020 Portfolio

Securities owned by the Portfolio on 2-28-10 (Unaudited)


	Shares	Value
Affiliated investment companies

JOHN HANCOCK FUNDS (G) — 0.47%

Small Cap Intrinsic Value, Class NAV
(MFC Global U.S.) (A)	252,661	$2,723,681

JOHN HANCOCK FUNDS II (G) — 98.97%

Alpha Opportunities, Class NAV (Wellington)	1,507,019	16,411,439

Blue Chip Growth, Class NAV (T. Rowe Price)	1,593,052	27,352,711

Capital Appreciation, Class NAV (Jennison)	2,793,944	27,352,711

Emerging Markets Value, Class NAV (DFA)	2,512,990	25,733,018

Equity-Income, Class NAV (T. Rowe Price)	465,094	5,795,066

Floating Rate Income, Class NAV (WAMCO)	2,245,817	21,267,892

Fundamental Value, Class NAV (Davis)	1,327,676	17,790,852

Global Bond, Class NAV (PIMCO)	658,782	7,839,503

Global High Yield, Class NAV (Stone Harbor)	717,870	7,185,882

Global Real Estate, Class NAV (Deutsche)	934,250	5,941,831

High Yield, Class NAV (WAMCO)	2,237,165	19,239,619

Index 500, Class NAV (MFC Global U.S.A.) (A)	15,902,739	129,925,373

International Equity Index, Class NAV (SSgA)	2,871,222	44,590,073

International Opportunities, Class NAV (Marsico)	270,057	3,259,589

International Small Cap, Class NAV (Templeton)	202,467	2,607,780

International Small Company, Class NAV (DFA)	370,030	2,616,113

International Value, Class NAV (Templeton)	251,563	3,260,255

Large Cap Value, Class NAV (BlackRock)	1,026,496	17,327,247

Mid Cap Index, Class NAV (MFC Global U.S.A.) (A)	956,364	15,588,727

Mid Cap Stock, Class NAV (Wellington)	820,576	11,726,034

Mid Cap Value Equity, Class NAV (RiverSource)	407,905	3,361,138

Mid Value, Class NAV (T. Rowe Price)	553,533	7,533,586

Multi-Sector Bond, Class NAV (Stone Harbor)	880,482	8,866,451

Natural Resources, Class NAV (Wellington)	632,763	12,313,566

Real Estate Equity, Class NAV (T. Rowe Price)	674,586	4,114,977

Real Return Bond, Class NAV (PIMCO)	2,228,871	27,526,563

Small Cap Growth, Class NAV (Wellington) (I)	429,408	4,062,199

Small Cap Index, Class NAV (MFC Global U.S.A.) (A)	602,644	6,490,474

Small Company Value, Class NAV (T. Rowe Price)	138,301	2,955,484

Spectrum Income, Class NAV (T. Rowe Price)	859,152	8,866,451

Strategic Income Opportunities, Class NAV
(MFC Global U.S.) (A)	629,532	6,490,474

Total Bond Market, Class NAV (Declaration) (A)	1,558,548	16,115,382

Total Return, Class NAV (PIMCO)	1,027,590	14,550,680

U.S. High Yield Bond, Class NAV (Wells Capital)	1,029,509	12,807,096

Value & Restructuring, Class NAV (Columbia)	1,794,146	17,349,390

Value, Class NAV (Morgan Stanley)	322,680	2,839,582

Vista, Class NAV (American Century) (I)	703,319	5,232,697

JOHN HANCOCK FUNDS III (G) — 0.56%

International Core, Class NAV (GMO)	126,569	3,268,022

Total investments
(Cost $544,151,755) — 100.00%		$580,279,608

Other assets and liabilities, net — (0.00%)		(4,205)

TOTAL NET ASSETS — 100.00%		$580,275,403

Percentages are stated as a percent of net assets.

(A) The subadviser is an affiliate of the adviser.

(G) The underlying fund’s subadviser is shown parenthetically.

(I) Non-income producing security.

Lifecycle 2015 Portfolio

Securities owned by the Portfolio on 2-28-10 (Unaudited)


	Shares	Value
Affiliated investment companies

JOHN HANCOCK FUNDS II (G) — 99.12%

Alpha Opportunities, Class NAV (Wellington)	1,055,620	$11,495,706

Blue Chip Growth, Class NAV (T. Rowe Price)	808,614	13,883,898

Capital Appreciation, Class NAV (Jennison)	1,418,171	13,883,898

Emerging Markets Value, Class NAV (DFA)	1,426,619	14,608,581

Equity-Income, Class NAV (T. Rowe Price)	324,862	4,047,784

Floating Rate Income, Class NAV (WAMCO)	1,761,021	16,676,869

Fundamental Value, Class NAV (Davis)	857,888	11,495,706

Global Bond, Class NAV (PIMCO)	753,423	8,965,736

Global High Yield, Class NAV (Stone Harbor)	711,698	7,124,099

Global Real Estate, Class NAV (Deutsche)	731,133	4,650,004

High Yield, Class NAV (WAMCO)	1,854,450	15,948,268

Index 500, Class NAV (MFC Global U.S.A.) (A)	11,068,236	90,427,484

International Equity Index, Class NAV (SSgA)	1,227,551	19,063,869

International Opportunities, Class NAV (Marsico)	299,308	3,612,653

International Value, Class NAV (Templeton)	278,811	3,613,391

Large Cap Value, Class NAV (BlackRock)	448,422	7,569,355

Mid Cap Index, Class NAV (MFC Global U.S.A.) (A)	249,291	4,063,436

Mid Cap Stock, Class NAV (Wellington)	367,915	5,257,501

Mid Cap Value Equity, Class NAV (RiverSource)	201,470	1,660,115

Mid Value, Class NAV (T. Rowe Price)	252,801	3,440,616

Multi-Sector Bond, Class NAV (Stone Harbor)	956,676	9,633,725

Natural Resources, Class NAV (Wellington)	468,327	9,113,642

Real Estate Equity, Class NAV (T. Rowe Price)	625,164	3,813,499

Real Return Bond, Class NAV (PIMCO)	1,451,958	17,931,682

Small Cap Growth, Class NAV (Wellington) (I)	299,577	2,834,003

Small Cap Index, Class NAV (MFC Global U.S.A.) (A)	567,326	6,110,097

Small Company Value, Class NAV (T. Rowe Price)	113,649	2,428,670

Spectrum Income, Class NAV (T. Rowe Price)	1,117,847	11,536,183

Strategic Income Opportunities, Class NAV
(MFC Global U.S.) (A)	1,221,009	12,588,607

Total Bond Market, Class NAV (Declaration) (A)	3,004,088	31,062,270

Total Return, Class NAV (PIMCO)	678,740	9,610,954

U.S. High Yield Bond, Class NAV (Wells Capital)	1,037,977	12,912,430

Value & Restructuring, Class NAV (Columbia)	782,767	7,569,355

Value, Class NAV (Morgan Stanley)	137,993	1,214,335

Vista, Class NAV (American Century) (I)	264,499	1,967,872

JOHN HANCOCK FUNDS III (G) — 0.89%

International Core, Class NAV (GMO)	140,279	3,622,000

Total investments
(Cost $384,443,454) — 100.01%		$405,438,293

Other assets and liabilities, net — (0.01%)		(40,344)

TOTAL NET ASSETS — 100.00%		$405,397,949

Percentages are stated as a percent of net assets.

(A) The subadviser is an affiliate of the adviser.

(G) The underlying fund’s subadviser is shown parenthetically.

(I) Non-income producing security.

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	27

Lifecycle 2010 Portfolio

Securities owned by the Portfolio on 2-28-10 (Unaudited)


	Shares	Value
Affiliated investment companies

JOHN HANCOCK FUNDS II (G) — 99.44%

Alpha Opportunities, Class NAV (Wellington)	479,668	$5,223,586

Blue Chip Growth, Class NAV (T. Rowe Price)	847,116	14,544,986

Capital Appreciation, Class NAV (Jennison)	1,485,698	14,544,986

Emerging Markets Value, Class NAV (DFA)	1,046,694	10,718,143

Equity-Income, Class NAV (T. Rowe Price)	360,745	4,494,885

Floating Rate Income, Class NAV (WAMCO)	2,118,169	20,059,057

Fundamental Value, Class NAV (Davis)	621,524	8,328,426

Global Bond, Class NAV (PIMCO)	1,142,801	13,599,337

Global High Yield, Class NAV (Stone Harbor)	886,223	8,871,091

Global Real Estate, Class NAV (Deutsche)	892,122	5,673,896

High Yield, Class NAV (WAMCO)	2,157,295	18,552,738

Index 500, Class NAV (MFC Global U.S.A.) (A)	10,968,172	89,609,960

International Equity Index, Class NAV (SSgA)	1,367,299	21,234,151

International Opportunities, Class NAV (Marsico)	211,674	2,554,911

International Value Class, NAV (Templeton)	196,414	2,545,528

Large Cap Value, Class NAV (BlackRock)	482,855	8,150,596

Mid Cap Index, Class NAV (MFC Global U.S.A.) (A)	792,876	12,923,873

Multi-Sector Bond, Class NAV (Stone Harbor)	1,220,231	12,287,730

Natural Resources, Class NAV (Wellington)	387,833	7,547,231

Real Estate Equity, Class NAV (T. Rowe Price)	738,212	4,503,092

Real Return Bond, Class NAV (PIMCO)	1,600,694	19,768,572

Small Cap Index, Class NAV (MFC Global U.S.A.) (A)	970,508	10,452,371

Spectrum Income, Class NAV (T. Rowe Price)	1,823,927	18,822,923

Strategic Income Opportunities, Class NAV
(MFC Global U.S.) (A)	1,751,445	18,057,398

Total Bond Market, Class NAV (Declaration) (A)	5,757,338	59,530,872

Total Return, Class NAV (PIMCO)	610,589	8,645,936

U.S. High Yield Bond, Class NAV (Wells Capital)	1,440,700	17,922,305

Value & Restructuring, Class NAV (Columbia)	842,874	8,150,596

JOHN HANCOCK FUNDS III (G) — 0.57%

International Core, Class NAV (GMO)	98,820	2,551,531

Total investments
(Cost $434,978,286) — 100.01%		$449,870,707

Other assets and liabilities, net — (0.01%)		(41,289)

TOTAL NET ASSETS — 100.00%		$449,829,418

Percentages are stated as a percent of net assets.

(A) The subadviser is an affiliate of the adviser.

(G) The underlying fund’s subadviser is shown parenthetically.

See notes to financial statements


28	Lifecycle Portfolios \| Semiannual report

Financial statements

Statements of assets and liabilities 2-28-10 (Unaudited)

These Statements of Assets and Liabilities are the Portfolios’ balance sheets. They show the value of what each Portfolio owns, is due and owes. You’ll also find the net asset value and the maximum public offering price per share for each Portfolio. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.


	Lifecycle	Lifecycle	Lifecycle
	2045 Portfolio	2040 Portfolio	2035 Portfolio
Assets

Total investments in affiliated funds, at value (Note 7)	$269,769,160	$282,268,703	$376,516,533
Receivable for investments sold	—	—	—
Receivable for fund shares sold	763,747	597,960	695,049
Dividends and interest receivable	19,384	20,374	27,410
Receivable due from adviser	322	307	293
Other assets	28,292	27,765	27,863
Total assets	270,580,905	282,915,109	377,267,148

Liabilities

Payable for investments purchased	700,001	611,242	698,410
Payable for fund shares repurchased	75,772	2,093	24,496
Payable to affiliates:
Accounting and legal services fees	3,672	2,272	2,939
Transfer agent fees	2,138	1,280	1,321
Trustees’ fees	57	62	84
Other liabilities and accrued expenses	28,003	29,210	30,875
Total liabilities	809,643	646,159	758,125

Net assets

Capital paid-in	$265,586,037	$282,010,956	$380,464,388
Accumulated distributions in excess of net investment income	(30,102)	(28,163)	(32,545)
Accumulated net realized loss on investments	(17,742,312)	(17,426,958)	(24,445,328)
Net unrealized appreciation (depreciation) on investments	21,957,639	17,713,115	20,522,508
Net assets	$269,771,262	$282,268,950	$376,509,023
Investments in affiliated funds, at cost	$247,811,521	$264,555,588	$355,994,025

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset
value is calculated by dividing the net assets of each class of shares by the number of
outstanding shares in the class.
Class A: Net assets	$4,538,566	$6,048,353	$7,751,832
Shares outstanding	543,934	724,412	925,589
Net asset value and redemption price per share	$8.34	$8.35	$8.38
Class R1: Net assets	$593,619	$1,199,186	$1,180,283
Shares outstanding	71,187	143,745	140,989
Net asset value, offering price and redemption price per share	$8.34	$8.34	$8.37
Class R3: Net assets	$404,400	$1,343,205	$679,741
Shares outstanding	48,485	161,177	81,160
Net asset value, offering price and redemption price per share	$8.34	$8.33	$8.38
Class R4: Net assets	$86,428	$58,892	$211,712
Shares outstanding	10,341	7,050	25,235
Net asset value, offering price and redemption price per share	$8.36	$8.35	$8.39
Class R5: Net assets	$168,297	$413,719	$272,948
Shares outstanding	20,099	49,403	32,488
Net asset value, offering price and redemption price per share	$8.37	$8.37	$8.40
Class 1: Net assets	$263,979,952	$273,205,595	$366,412,507
Shares outstanding	31,544,038	32,655,981	43,611,049
Net asset value, offering price and redemption price per share	$8.37	$8.37	$8.40

Maximum public offering price per share

Class A (net asset value per share ÷ 95%)¹	$8.78	$8.79	$8.82

¹On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales, the offering price is reduced.

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	29

F I N A N C I A L S T A T E M E N T S

Statements of assets and liabilities 2-28-10 (Unaudited)

Continued


	Lifecycle	Lifecycle	Lifecycle
	2030 Portfolio	2025 Portfolio	2020 Portfolio
Assets

Total investments in affiliated funds, at value (Note 7)	$494,653,214	$586,097,778	$580,279,608
Receivable for investments sold	—	—	—
Receivable for fund shares sold	1,060,992	991,504	855,344
Dividends and interest receivable	57,997	116,113	192,060
Receivable due from adviser	293	278	275
Other assets	28,638	28,426	28,330
Total assets	495,801,134	587,234,099	581,355,617

Liabilities

Payable for investments purchased	1,070,347	1,088,882	1,011,103
Payable for fund shares repurchased	2,664	20,589	29,284
Payable to affiliates:
Accounting and legal services fees	3,718	4,085	3,896
Transfer agent fees	1,498	1,459	1,568
Trustees’ fees	112	141	139
Other liabilities and accrued expenses	33,145	36,944	34,224
Total liabilities	1,111,484	1,152,100	1,080,214

Net assets

Capital paid-in	$503,890,553	$602,235,494	$592,191,184
Undistributed net investment income	9,934	124,417	300,924
Accumulated net realized loss on investments	(35,636,738)	(48,267,377)	(48,344,558)
Net unrealized appreciation (depreciation) on investments	26,425,901	31,989,465	36,127,853
Net assets	$494,689,650	$586,081,999	$580,275,403
Investments in affiliated funds, at cost	$468,227,313	$554,108,313	$544,151,755

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset
value is calculated by dividing the net assets of each class of shares by the number of
outstanding shares in the class.
Class A: Net assets	$12,493,580	$13,392,220	$15,868,337
Shares outstanding	1,498,181	1,587,563	1,843,186
Net asset value and redemption price per share	$8.34	$8.44	$8.61
Class R1: Net assets	$1,701,068	$1,623,867	$2,336,853
Shares outstanding	204,436	193,036	271,830
Net asset value, offering price and redemption price per share	$8.32	$8.41	$8.60
Class R3: Net assets	$760,066	$1,054,397	$1,145,304
Shares outstanding	91,335	125,282	133,208
Net asset value, offering price and redemption price per share	$8.32	$8.42	$8.60
Class R4: Net assets	$92,116	$319,228	$95,291
Shares outstanding	11,072	37,930	11,093
Net asset value, offering price and redemption price per share	$8.32	$8.42	$8.59
Class R5: Net assets	$797,288	$644,038	$869,482
Shares outstanding	95,852	76,591	101,141
Net asset value, offering price and redemption price per share	$8.32	$8.41	$8.60
Class 1: Net assets	$478,845,532	$569,048,249	$559,960,136
Shares outstanding	57,583,341	67,683,653	65,147,393
Net asset value, offering price and redemption price per share	$8.32	$8.41	$8.60

Maximum public offering price per share

Class A (net asset value per share ÷ 95%)¹	$8.78	$8.88	$9.06

¹On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales, the offering price is reduced.

See notes to financial statements


30	Lifecycle Portfolios \| Semiannual report

F I N A N C I A L S T A T E M E N T S

Statements of assets and liabilities 2-28-10 (Unaudited)

Continued


	Lifecycle	Lifecycle
	2015 Portfolio	2010 Portfolio
Assets

Total investments in affiliated funds, at value (Note 7)	$405,438,293	$449,870,707
Receivable for investments sold	—	649,517
Receivable for fund shares sold	842,464	1,936
Dividends and interest receivable	206,462	270,327
Receivable due from adviser	249	226
Other assets	28,713	28,312
Total assets	406,516,181	450,821,025

Liabilities

Payable for investments purchased	1,053,026	301,020
Payable for fund shares repurchased	25,568	649,214
Payable to affiliates:
Accounting and legal services fees	2,072	5,681
Transfer agent fees	1,131	863
Trustees’ fees	109	46
Other liabilities and accrued expenses	36,326	34,783
Total liabilities	1,118,232	991,607

Net assets

Capital paid-in	$420,916,035	$460,649,917
Undistributed net investment income	360,784	504,456
Accumulated net realized loss on investments	(36,873,709)	(26,217,376)
Net unrealized appreciation (depreciation) on investments	20,994,839	14,892,421
Net assets	$405,397,949	$449,829,418
Investments in affiliated funds, at cost	$384,443,454	$434,978,286

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset
value is calculated by dividing the net assets of each class of shares by the number of
outstanding shares in the class.
Class A: Net assets	$11,500,790	$8,071,843
Shares outstanding	1,329,774	908,686
Net asset value and redemption price per share	$8.65	$8.88
Class R1: Net assets	$1,088,187	$585,090
Shares outstanding	125,953	65,971
Net asset value, offering price and redemption price per share	$8.64	$8.87
Class R3: Net assets	$1,359,190	$1,285,590
Shares outstanding	157,346	144,888
Net asset value, offering price and redemption price per share	$8.64	$8.87
Class R4: Net assets	$41,191	$69,272
Shares outstanding	4,771	7,802
Net asset value, offering price and redemption price per share	$8.63	$8.88
Class R5: Net assets	$182,621	$187,764
Shares outstanding	21,133	21,164
Net asset value, offering price and redemption price per share	$8.64	$8.87
Class 1: Net assets	$391,225,970	$439,629,859
Shares outstanding	45,283,870	49,518,242
Net asset value, offering price and redemption price per share	$8.64	$8.88

Maximum public offering price per share

Class A (net asset value per share ÷ 95%)¹	$9.11	$9.35

¹On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales, the offering price is reduced.

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	31

F I N A N C I A L S T A T E M E N T S

Statements of operations For the six months ended 2-28-10 (Unaudited)

These Statements of Operations summarize the Portfolios’ investment income earned and expenses directly incurred in operating each Portfolio. They also show net gains (losses) for the period stated.


	Lifecycle	Lifecycle	Lifecycle
	2045 Portfolio	2040 Portfolio	2035 Portfolio
Investment income

Total income distributions received from affiliated underlying funds	$3,584,524	$3,767,723	$5,131,803

Expenses

Investment management fees (Note 4)	73,874	77,325	104,962
Distribution and service fees (Note 4)	66,391	74,362	96,014
Transfer agent fees (Note 4)	10,276	9,220	10,238
Accounting and legal services fees (Note 4)	20,060	16,680	22,520
State registration fees (Note 4)	3,682	3,565	3,626
Professional fees	18,925	19,005	19,802
Printing and postage fees (Note 4)	595	871	814
Custodian fees	5,972	5,972	5,972
Trustees’ fees (Note 4)	1,434	1,492	1,970
Registration and filing fees	7,698	7,630	8,548
Miscellaneous	195	208	289

Total expenses before reductions and amounts recaptured	209,102	216,330	274,755

Net expense reductions and amounts recaptured (Note 4)	(14,145)	(12,665)	(13,054)
Total expenses	194,957	203,665	261,701

Net investment income	3,389,567	3,564,058	4,870,102

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in affiliated underlying funds	(1,427,704)	(1,561,834)	(2,231,767)
Capital gain distributions received from affiliated underlying funds	887,197	932,801	1,269,457
	(540,507)	(629,033)	(962,310)

Change in net unrealized appreciation (depreciation) of
Investments in affiliated underlying funds	15,729,622	16,514,361	22,713,720
	15,729,622	16,514,361	22,713,720

Net realized and unrealized gain	15,189,115	15,885,328	21,751,410

Increase in net assets from operations	$18,578,682	$19,449,386	$26,621,512

See notes to financial statements


32	Lifecycle Portfolios \| Semiannual report

F I N A N C I A L S T A T E M E N T S

Statements of operations For the six months ended 2-28-10 (Unaudited)

Continued


	Lifecycle	Lifecycle	Lifecycle
	2030 Portfolio	2025 Portfolio	2020 Portfolio
Investment income

Total income distributions received from affiliated underlying funds	$6,836,264	$9,030,542	$10,023,345

Expenses

Investment management fees (Note 4)	136,686	164,029	159,469
Distribution and service fees (Note 4)	128,916	153,013	156,585
Transfer agent fees (Note 4)	13,493	12,944	14,888
Accounting and legal services fees (Note 4)	29,274	34,978	34,302
State registration fees (Note 4)	3,811	3,769	3,677
Professional fees	20,692	21,499	21,470
Printing and postage fees (Note 4)	1,465	1,447	1,820
Custodian fees	5,972	5,972	5,972
Trustees’ fees (Note 4)	2,506	2,998	2,969
Registration and filing fees	9,524	10,387	10,377
Miscellaneous	1,028	1,250	1,239

Total expenses before reductions and amounts recaptured	353,367	412,286	412,768

Net expense reductions and amounts recaptured (Note 4)	(14,668)	(14,193)	(11,739)
Total expenses	338,699	398,093	401,029

Net investment income	6,497,565	8,632,449	9,622,316

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in affiliated underlying funds	(4,578,654)	(6,097,872)	(7,896,794)
Capital gain distributions received from affiliated underlying funds	1,674,073	2,029,791	1,961,951
	(2,904,581)	(4,068,081)	(5,934,843)

Change in net unrealized appreciation (depreciation) of
Investments in affiliated underlying funds	30,817,770	37,382,466	38,422,545
	30,817,770	37,382,466	38,422,545

Net realized and unrealized gain	27,913,189	33,314,385	32,487,702

Increase in net assets from operations	$34,410,754	$41,946,834	$42,110,018

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	33

F I N A N C I A L S T A T E M E N T S

Statements of operations For the six months ended 2-28-10 (Unaudited)

Continued


	Lifecycle	Lifecycle
	2015 Portfolio	2010 Portfolio
Investment income

Total income distributions received from affiliated underlying funds	$8,114,667	$9,411,270

Expenses

Investment management fees (Note 4)	108,898	106,379
Distribution and service fees (Note 4)	109,803	101,694
Transfer agent fees (Note 4)	10,994	7,030
Accounting and legal services fees (Note 4)	23,680	25,876
State registration fees (Note 4)	3,719	3,668
Professional fees	20,127	18,949
Printing and postage fees (Note 4)	1,121	740
Custodian fees	5,972	5,972
Trustees’ fees (Note 4)	2,168	1,751
Registration and filing fees	8,754	6,864
Miscellaneous	905	735

Total expenses before reductions and amounts recaptured	296,141	279,658

Net expense reductions and amounts recaptured (Note 4)	(5,641)	(4,358)
Total expenses	290,500	275,300

Net investment income	7,824,167	9,135,970

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in affiliated underlying funds	(4,594,686)	(7,969,163)
Capital gain distributions received from affiliated underlying funds	1,604,587	1,445,483
	(2,990,099)	(6,523,680)

Change in net unrealized appreciation (depreciation) of
Investments in affiliated underlying funds	24,359,465	17,175,083
	24,359,465	17,175,083

Net realized and unrealized gain	21,369,366	10,651,403

Increase in net assets from operations	$29,193,533	$19,787,373

See notes to financial statements


34	Lifecycle Portfolios \| Semiannual report

F I N A N C I A L S T A T E M E N T S

Statements of changes in net assets

These Statements of Changes in Net Assets show how the value of the Portfolios’ net assets have changed during the last two periods. They reflect income less expenses, any investment gains and losses, distributions, if any, paid to shareholders and the net of Portfolio share transactions.


	Lifecycle 2045 Portfolio		Lifecycle 2040 Portfolio
	Six months ended		Six months ended
	2-28-10 (Unaudited)	Year ended 8-31-09	2-28-10 (Unaudited)	Year ended 8-31-09

Increase (decrease) in net assets

From operations

Net investment income	$3,389,567	$1,644,829	$3,564,058	$1,855,589
Net realized loss	(540,507)	(15,334,198)	(629,033)	(14,656,814)
Change in net unrealized appreciation	15,729,622	15,715,759	16,514,361	11,901,094
(depreciation)
Increase (decrease) in net assets	18,578,682	2,026,390	19,449,386	(900,131)
resulting from operations

Distributions to shareholders

From net investment income
Class A	(46,943)	(10,458)	(61,245)	(14,342)
Class B	—	(420)	—	(386)
Class C	—	(336)	—	(577)
Class R	—	(493)	—	(486)
Class R1	(5,561)	(1,521)	(9,129)	(2,070)
Class R2	—	(3,979)	—	(5,309)
Class R3	(3,590)	(1,386)	(13,716)	(8,513)
Class R4	(1,521)	(1,846)	(518)	(1,802)
Class R5	(2,586)	(2,184)	(7,740)	(7,914)
Class 1	(3,415,896)	(1,616,815)	(3,556,663)	(1,817,532)
From net realized gain
Class A	(16,183)	(12,824)	(21,052)	(18,725)
Class B	—	(3,336)	—	(2,792)
Class C	—	(2,669)	—	(4,170)
Class R	—	(1,802)	—	(1,780)
Class R1	(2,179)	(2,924)	(3,564)	(4,167)
Class R2	—	(5,193)	—	(7,363)
Class R3	(1,290)	(2,241)	(4,910)	(14,509)
Class R4	(451)	(2,021)	(153)	(2,106)
Class R5	(635)	(1,806)	(1,903)	(7,037)
Class 1	(865,520)	(1,284,357)	(900,289)	(1,554,222)

Total distributions	(4,362,355)	(2,958,611)	(4,580,882)	(3,475,802)

From Portfolio share transactions	60,372,575	94,759,108	63,140,252	92,043,643
(Note 5)

Total increase	74,588,902	93,826,887	78,008,756	87,667,710

Net assets

Beginning of period	195,182,360	101,355,473	204,260,194	116,592,484

End of period	$269,771,262	$195,182,360	$282,268,950	$204,260,194

Undistributed/distribution in excess	($30,102)	$56,428	($28,163)	$56,790
of net investment income

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	35

F I N A N C I A L S T A T E M E N T S

Statements of changes in net assets

Continued


	Lifecycle 2035 Portfolio		Lifecycle 2030 Portfolio
	Six months ended		Six months ended
	2-28-10 (Unaudited)	Year ended 8-31-09	2-28-10 (Unaudited)	Year ended 8-31-09

Increase (decrease) in net assets

From operations

Net investment income	$4,870,102	$2,639,001	$6,497,565	$3,689,045
Net realized loss	(962,310)	(20,692,683)	(2,904,581)	(29,686,745)
Change in net unrealized appreciation	22,713,720	14,096,384	30,817,770	17,612,315
Increase (decrease) in net assets	26,621,512	(3,957,298)	34,410,754	(8,385,385)
resulting from operations

Distributions to shareholders

From net investment income
Class A	(77,692)	(21,990)	(131,642)	(38,779)
Class B	—	(728)	—	(1,280)
Class C	—	(473)	—	(1,395)
Class R	—	(427)	—	(705)
Class R1	(9,922)	(2,143)	(14,717)	(3,713)
Class R2	—	(9,865)	—	(13,991)
Class R3	(6,502)	(1,970)	(7,729)	(3,975)
Class R4	(1,546)	(1,116)	(816)	(2,853)
Class R5	(5,264)	(2,251)	(14,368)	(12,166)
Class 1	(4,898,225)	(2,538,747)	(6,495,522)	(3,515,669)
From net realized gain
Class A	(26,515)	(33,645)	(44,054)	(52,607)
Class B	—	(7,217)	—	(7,892)
Class C	—	(4,692)	—	(8,601)
Class R	—	(2,020)	—	(2,620)
Class R1	(3,841)	(5,243)	(5,562)	(7,828)
Class R2	—	(16,273)	—	(20,586)
Class R3	(2,409)	(4,039)	(2,799)	(7,146)
Class R4	(454)	(1,540)	(236)	(3,553)
Class R5	(1,287)	(2,340)	(3,476)	(11,595)
Class 1	(1,233,609)	(2,515,920)	(1,616,531)	(3,176,478)

Total distributions	(6,267,266)	(5,172,639)	(8,337,452)	(6,893,432)

From Portfolio share transactions	75,948,070	122,773,760	105,414,949	150,736,677
(Note 5)

Total increase	96,302,316	113,643,823	131,488,251	135,457,860

Net assets

Beginning of period	280,206,707	166,562,884	363,201,399	227,743,539

End of period	$376,509,023	$280,206,707	$494,689,650	$363,201,399

Undistributed/distribution in excess	($32,545)	$96,504	$9,934	$177,163
of net investment income

See notes to financial statements


36	Lifecycle Portfolios \| Semiannual report

F I N A N C I A L S T A T E M E N T S

Statements of changes in net assets

Continued


	Lifecycle 2025 Portfolio		Lifecycle 2020 Portfolio
	Six months ended		Six months ended
	2-28-10 (Unaudited)	Year ended 8-31-09	2-28-10 (Unaudited)	Year ended 8-31-09

Increase (decrease) in net assets

From operations

Net investment income	$8,632,449	$6,080,983	$9,622,316	$7,769,827
Net realized loss	(4,068,081)	(40,257,370)	(5,934,843)	(37,796,929)
Change in net unrealized appreciation	37,382,466	22,174,850	38,422,545	22,924,031
Increase (decrease) in net assets	41,946,834	(12,001,537)	42,110,018	(7,103,071)
resulting from operations

Distributions to shareholders

From net investment income
Class A	(167,877)	(55,614)	(265,885)	(87,934)
Class B	—	(3,718)	—	(12,077)
Class C	—	(4,283)	—	(12,203)
Class R	—	(1,370)	—	(2,983)
Class R1	(19,922)	(4,877)	(35,123)	(15,191)
Class R2	—	(14,054)	—	(25,119)
Class R3	(12,254)	(6,133)	(16,382)	(14,569)
Class R4	(4,099)	(1,929)	(1,576)	(2,851)
Class R5	(11,407)	(4,829)	(18,260)	(15,829)
Class 1	(9,127,164)	(5,650,644)	(10,678,662)	(6,927,950)
From net realized gain
Class A	(46,480)	(57,069)	(57,599)	(69,552)
Class B	—	(8,816)	—	(16,145)
Class C	—	(10,155)	—	(16,315)
Class R	—	(2,651)	—	(3,567)
Class R1	(6,092)	(6,834)	(8,231)	(14,881)
Class R2	—	(15,422)	—	(20,842)
Class R3	(3,619)	(7,734)	(3,738)	(13,309)
Class R4	(1,008)	(1,874)	(310)	(2,166)
Class R5	(2,401)	(3,812)	(3,164)	(10,298)
Class 1	(1,968,640)	(4,249,654)	(1,887,701)	(4,340,643)

Total distributions	(11,370,963)	(10,111,472)	(12,976,631)	(11,624,424)

From Portfolio share transactions	114,293,659	174,762,244	114,214,763	169,005,348
(Note 5)

Total increase	144,869,530	152,649,235	143,348,150	150,277,853

Net assets

Beginning of period	441,212,469	288,563,234	436,927,253	286,649,400

End of period	$586,081,999	$441,212,469	$580,275,403	$436,927,253

Undistributed net investment	$124,417	$834,691	$300,924	$1,694,496
income

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	37

F I N A N C I A L S T A T E M E N T S

Statements of changes in net assets

Continued


	Lifecycle 2015 Portfolio		Lifecycle 2010 Portfolio
	Six months ended		Six months ended
	2-28-10 (Unaudited)	Year ended 8-31-09	2-28-10 (Unaudited)	Year ended 8-31-09

Increase (decrease) in net assets

From operations

Net investment income	$7,824,167	$7,831,264	$9,135,970	$4,957,500
Net realized loss	(2,990,099)	(29,816,099)	(6,523,680)	(16,389,205)
Change in net unrealized appreciation	24,359,465	15,259,424	17,175,083	6,795,537
Increase (decrease) in net assets	29,193,533	(6,725,411)	19,787,373	(4,636,168)
resulting from operations

Distributions to shareholders

From net investment income
Class A	(244,190)	(87,624)	(140,403)	(71,326)
Class B	—	(14,400)	—	(5,143)
Class C	—	(18,512)	—	(18,242)
Class R	—	(3,070)	—	(2,294)
Class R1	(20,263)	(6,036)	(8,771)	(3,341)
Class R2	—	(28,173)	—	(29,996)
Class R3	(28,413)	(13,585)	(20,105)	(21,549)
Class R4	(860)	(5,383)	(1,430)	(3,198)
Class R5	(4,495)	(11,672)	(4,780)	(5,241)
Class 1	(9,397,695)	(6,936,637)	(9,970,848)	(4,437,873)
From net realized gain
Class A	(47,258)	(51,765)	(24,119)	(35,183)
Class B	—	(12,116)	—	(3,387)
Class C	—	(15,577)	—	(12,012)
Class R	—	(2,395)	—	(1,409)
Class R1	(4,166)	(4,128)	(1,619)	(1,847)
Class R2	—	(17,153)	—	(15,066)
Class R3	(5,723)	(8,853)	(3,621)	(11,451)
Class R4	(154)	(3,075)	(225)	(1,523)
Class R5	(727)	(5,935)	(667)	(2,261)
Class 1	(1,546,352)	(3,438,900)	(1,415,580)	(1,885,039)

Total distributions	(11,300,296)	(10,684,989)	(11,592,168)	(6,567,381)

From Portfolio share transactions	71,754,442	109,133,693	283,092,734	41,148,342
(Note 5)

Total increase	89,647,679	91,723,293	291,287,939	29,944,793

Net assets

Beginning of period	315,750,270	224,026,977	158,541,479	128,596,686

End of period	$405,397,949	$315,750,270	$449,829,418	$158,541,479

Undistributed net investment	$360,784	$2,232,533	$504,456	$1,514,823
income

See notes to financial statements


38	Lifecycle Portfolios \| Semiannual report

Financial highlights

These Financial Highlights show how each Portfolio’s net asset value for a share has changed since the end of the previous period.


Lifecycle 2045 Portfolio
Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses
			realized	Total							before	Expenses		Net
	Net asset	Net	and	from	From net						reduc-	including		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	reductions	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total value,	end	Total	amounts	and amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS A

02-28-2010⁵	7.76	0.10	0.60	0.70	(0.09)	(0.03)	—	(0.12)	8.34	9.01^6,7	0.82⁸	0.61^8,9,10	2.52⁸	4,539	4
08-31-2009	9.56	0.06	(1.69)	(1.63)	(0.08)	(0.09)	—	(0.17)	7.76	(16.60)⁶	1.90	0.63^9,10	0.86	3,488	22
08-31-2008	10.94	0.05	(1.21)	(1.16)	(0.06)	(0.16)	—	(0.22)	9.56	(10.83)⁶	1.61	0.66^10,12	0.44	1,874	16
08-31-2007¹³	10.00	(0.04)	1.22	1.18	(0.06)	(0.18)	—	(0.24)	10.94	11.97^6,7	1.94⁸	0.62⁸	(0.45)⁸	1,348	5

CLASS R1

02-28-2010⁵	7.75	0.09	0.61	0.70	(0.08)	(0.03)	—	(0.11)	8.34	9.01^6,7	1.08⁸	0.76^8,9,10,11	2.27⁸	594	4
08-31-2009	9.52	0.06	(1.69)	(1.63)	(0.05)	(0.09)	—	(0.14)	7.75	(16.72)⁶	5.27	0.86^9,10	0.87	616	22
08-31-2008	10.92	0.01	(1.19)	(1.18)	(0.06)	(0.16)	—	(0.22)	9.52	(11.05)⁶	12.47	0.89^10,12	0.08	181	16
08-31-2007¹³	10.00	(0.01)	1.16	1.15	(0.05)	(0.18)	—	(0.23)	10.92	11.68^6,7	16.68⁸	0.87⁸	(0.09)⁸	113	5

CLASS R3

02-28-2010⁵	7.76	0.11	0.59	0.70	(0.09)	(0.03)	—	(0.12)	8.34	8.96^6,7	1.80⁸	0.66^8,9,10,11	2.57⁸	404	4
08-31-2009	9.53	0.06	(1.68)	(1.62)	(0.06)	(0.09)	—	(0.15)	7.76	(16.58)⁶	6.51	0.76^9,10	0.95	259	22
08-31-2008	10.93	0.03	(1.21)	(1.18)	(0.06)	(0.16)	—	(0.22)	9.53	(11.04)⁶	10.48	0.81^10,12	0.28	283	16
08-31-2007¹³	10.00	—¹⁴	1.16	1.16	(0.05)	(0.18)	—	(0.23)	10.93	11.80^6,7	16.45⁸	0.80⁸	(0.03)⁸	118	5

CLASS R4

02-28-2010⁵	7.78	0.07	0.65	0.72	(0.11)	(0.03)	—	(0.14)	8.36	9.17^6,7	2.12⁸	0.41^8,9,10,11	1.75⁸	86	4
08-31-2009	9.57	0.08	(1.70)	(1.62)	(0.08)	(0.09)	—	(0.17)	7.78	(16.35)⁶	6.09	0.48^9,10	1.10	324	22
08-31-2008	10.95	0.06	(1.21)	(1.15)	(0.07)	(0.16)	—	(0.23)	9.57	(10.76)⁶	14.15	0.52^10,12	0.55	142	16
08-31-2007¹³	10.00	0.02	1.17	1.19	(0.06)	(0.18)	—	(0.24)	10.95	12.06^6,7	16.32⁸	0.52⁸	0.26⁸	112	5

CLASS R5

02-28-2010⁵	7.80	0.13	0.60	0.73	(0.13)	(0.03)	—	(0.16)	8.37	9.30^6,7	1.99⁸	0.11^8,9,10,11	3.04⁸	168	4
08-31-2009	9.61	0.11	(1.72)	(1.61)	(0.11)	(0.09)	—	(0.20)	7.80	(16.12)⁶	7.40	0.19^9,10	1.60	216	22
08-31-2008	10.97	0.08	(1.20)	(1.12)	(0.08)	(0.16)	—	(0.24)	9.61	(10.47)⁶	12.02	0.24^10,12	0.72	161	16
08-31-2007¹³	10.00	0.05	1.16	1.21	(0.06)	(0.18)	—	(0.24)	10.97	12.32^6,7	16.02⁸	0.23⁸	0.55⁸	112	5

CLASS 1

02-28-2010⁵	7.80	0.12	0.60	0.72	(0.12)	(0.03)	—	(0.15)	8.37	9.25^6,7	0.16⁸	0.16^8,9,10	2.92⁸	263,980	4
08-31-2009	9.61	0.10	(1.70)	(1.60)	(0.12)	(0.09)	—	(0.21)	7.80	(16.06)⁶	0.19	0.19^9,10	1.40	190,278	22
08-31-2008	10.97	0.06	(1.18)	(1.12)	(0.08)	(0.16)	—	(0.24)	9.61	(10.47)⁶	0.24	0.20¹⁰	0.59	97,667	16
08-31-2007¹³	10.00	(0.01)	1.23	1.22	(0.07)	(0.18)	—	(0.25)	10.97	12.32^6,7	0.64⁸	0.20⁸	(0.15)⁸	23,187	5


	Semiannual report \| Lifecycle Portfolios	39

See notes to financial statements

Financial highlights

Continued

Lifecycle 2045 Portfolio continued

¹Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds in which the Portfolio invests.

²Based on the average daily shares outstanding.

³Assumes dividend reinvestment (if applicable).

⁴Does not include expenses of the underlying affiliated funds in which the Portfolio invests.

⁵Unaudited.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.

⁹The Adviser has agreed to waive or reimburse expenses, as detailed in the accompanying notes to the financial statements, which are subject to possible recapture by the Investment Adviser within three years of being incurred. See Note 4.

¹⁰Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on the mix of underlying funds held by the Portfolio. The range of expense ratios of the underlying funds held by the Portfolio was as follows:


Period ended	Lifecycle 2045
2/28/10	0.48%–1.18%
8/31/09	0.49%–1.31%
8/31/08	0.49%–1.13%

¹¹Includes the impact of expense recapture, which amounted to 0.09%, 0.08%, 0.16% and 0.03% of average net assets for Class R1, R3, R4 and R5, respectively, for the period ended 2-28-10. See Note 4.

¹²Includes transfer agent fee earned credits of less than 0.01% of average net assets.

¹³The inception date for Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares is 10-30-06.

¹⁴Less than $0.005 per share.

Lifecycle 2040 Portfolio


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses	Expenses
			realized	Total							before	including		Net
	Net asset	Net	and	from	From net						reduc-	reduc-		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	tions and	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total	value, end	Total	amounts	amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS A

02-28-2010⁵	7.77	0.11	0.59	0.70	(0.09)	(0.03)	—	(0.12)	8.35	9.00^6,7	0.68^8,12	0.60^8,9	2.59⁸	6,048	4
08-31-2009	9.56	0.06	(1.67)	(1.61)	(0.08)	(0.10)	—	(0.18)	7.77	(16.33)⁶	1.61	0.63⁹	0.90	4,434	20
08-31-2008	10.96	0.05	(1.22)	(1.17)	(0.07)	(0.16)	—	(0.23)	9.56	(10.92)⁶	2.15	0.65^9,10	0.49	1,257	16
08-31-2007¹¹	10.00	(0.02)	1.20	1.18	(0.05)	(0.17)	—	(0.22)	10.96	11.99^6,7	3.15⁸	0.62⁸	(0.18)⁸	584	3

CLASS R1

02-28-2010⁵	7.76	0.09	0.60	0.69	(0.08)	(0.03)	—	(0.11)	8.34	8.88^6,7	0.99^8,12	0.75^8,9	2.18⁸	1,199	4
08-31-2009	9.53	0.07	(1.69)	(1.62)	(0.05)	(0.10)	—	(0.15)	7.76	(16.54)⁶	4.57	0.85⁹	0.98	728	20
08-31-2008	10.94	0.01	(1.20)	(1.19)	(0.06)	(0.16)	—	(0.22)	9.53	(11.05)⁶	9.48	0.89^9,10	0.09	200	16
08-31-2007¹¹	10.00	(0.01)	1.17	1.16	(0.05)	(0.17)	—	(0.22)	10.94	11.70^6,7	16.61⁸	0.87⁸	(0.09)⁸	112	3

CLASS R3

02-28-2010⁵	7.75	0.10	0.60	0.70	(0.09)	(0.03)	—	(0.12)	8.33	8.98^6,7	1.03^8,12	0.65^8,9	2.38⁸	1,343	4
08-31-2009	9.53	0.08	(1.70)	(1.62)	(0.06)	(0.10)	—	(0.16)	7.75	(16.52)⁶	1.96	0.76⁹	1.14	1,271	20
08-31-2008	10.95	0.01	(1.21)	(1.20)	(0.06)	(0.16)	—	(0.22)	9.53	(11.14)⁶	5.48	0.83^9,10	0.06	1,181	16
08-31-2007¹¹	10.00	(0.01)	1.18	1.17	(0.05)	(0.17)	—	(0.22)	10.95	11.82^6,7	15.59⁸	0.80⁸	(0.07)⁸	141	3

CLASS R4

02-28-2010⁵	7.78	0.04	0.67	0.71	(0.11)	(0.03)	—	(0.14)	8.35	9.05^6,7	3.30^8,12	0.40^8,9	1.10⁸	59	4
08-31-2009	9.58	0.08	(1.69)	(1.61)	(0.09)	(0.10)	—	(0.19)	7.78	(16.28)⁶	6.79	0.48⁹	1.21	253	20
08-31-2008	10.97	0.04	(1.20)	(1.16)	(0.07)	(0.16)	—	(0.23)	9.58	(10.76)⁶	11.68	0.53^9,10	0.40	173	16
08-31-2007¹¹	10.00	0.02	1.17	1.19	(0.05)	(0.17)	—	(0.22)	10.97	12.07^6,7	16.23⁸	0.52⁸	0.26⁸	112	3

See notes to financial statements


40	Lifecycle Portfolios \| Semiannual report

Financial highlights

Continued

Lifecycle 2040 Portfolio continued


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses	Expenses
			realized	Total							before	including		Net
	Net asset	Net	and	from	From net						reduc-	reduc-		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	tions and	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total value,	end	Total	amounts	amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS R5

02-28-2010⁵	7.80	0.12	0.61	0.73	(0.13)	(0.03)	—	(0.16)	8.37	9.30^6,7	0.84⁸	0.10^8,9	2.98⁸	414	4
08-31-2009	9.62	0.12	(1.73)	(1.61)	(0.11)	(0.10)	—	(0.21)	7.80	(16.05)⁶	2.54	0.19⁹	1.80	561	20
08-31-2008	10.99	0.05	(1.18)	(1.13)	(0.08)	(0.16)	—	(0.24)	9.62	(10.48)⁶	7.95	0.24^9,10	0.48	633	16
08-31-2007¹¹	10.00	0.05	1.17	1.22	(0.06)	(0.17)	—	(0.23)	10.99	12.33^6,7	15.71⁸	0.23⁸	0.53⁸	115	3

CLASS 1

02-28-2010⁵	7.79	0.12	0.61	0.73	(0.12)	(0.03)	—	(0.15)	8.37	9.39^6,7	0.16⁸	0.15^8,9	2.94⁸	273,206	4
08-31-2009	9.62	0.10	(1.71)	(1.61)	(0.12)	(0.10)	—	(0.22)	7.79	(16.09)⁶	0.18	0.18⁹	1.46	197,012	20
08-31-2008	10.99	0.06	(1.19)	(1.13)	(0.08)	(0.16)	—	(0.24)	9.62	(10.48)⁶	0.22	0.20⁹	0.61	111,814	16
08-31-2007¹¹	10.00	(0.01)	1.23	1.22	(0.06)	(0.17)	—	(0.23)	10.99	12.34^6,7	0.62⁸	0.20⁸	(0.16)⁸	25,954	3

¹Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds in which the Portfolio invests.

²Based on the average daily shares outstanding.

³Assumes dividend reinvestment (if applicable).

⁴Does not include expenses of the underlying affiliated funds in which the Portfolio invests.

⁵Unaudited.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.

⁹Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on the mix of underlying funds held by the Portfolio. The range of expense ratios of the underlying funds held by the Portfolio was as follows:


Period ended	Lifecycle 2040
2/28/10	0.48%–1.18%
8/31/09	0.49%–1.31%
8/31/08	0.49%–1.13%

¹⁰Includes transfer agent fee earned credits of less than 0.01% of average net assets.

¹¹The inception date for Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares is 10-30-06.

¹²Includes the impact of expense recapture, which amounted to 0.01%, 0.04%, less than 0.005%, 0.28% and 0.05% of average net assets for Class A, R1, R3, R4 and R5, respectively, for the period ended 2-28-10. See Note 4.

Lifecycle 2035 Portfolio


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses
			realized	Total							before	Expenses		Net
	Net asset	Net	and	from	From net						reduc-	including		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	reductions	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total value,	end	Total	amounts	and amounts	investment	period (in	Portfolio
	of period	come (loss) on	invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS A

02-28-2010⁵	7.79	0.10	0.61	0.71	(0.09)	(0.03)	—	(0.12)	8.38	9.13^6,7	0.65⁸	0.60^8,9,13	2.48⁸	7,752	4
08-31-2009	9.61	0.07	(1.70)	(1.63)	(0.08)	(0.11)	—	(0.19)	7.79	(16.39)⁶	1.29	0.62⁹	1.06	5,950	20
08-31-2008	11.02	0.02	(1.20)	(1.18)	(0.08)	(0.15)	—	(0.23)	9.61	(10.93)⁶	1.80	0.64^9,10	0.20	2,132	14
08-31-2007¹¹	10.00	(0.02)	1.20	1.18	(0.04)	(0.12)	—	(0.16)	11.02	11.92^6,7	2.47⁸	0.62⁸	(0.20)⁸	610	4

CLASS R1

02-28-2010⁵	7.79	0.11	0.58	0.69	(0.08)	(0.03)	—	(0.11)	8.37	8.86^6,7	1.00⁸	0.75^8,9,13	2.56⁸	1,180	4
08-31-2009	9.58	0.08	(1.71)	(1.63)	(0.05)	(0.11)	—	(0.16)	7.79	(16.50)⁶	4.49	0.84⁹	1.13	647	20
08-31-2008	11.00	—¹²	(1.19)	(1.19)	(0.08)	(0.15)	—	(0.23)	9.58	(11.06)⁶	10.40	0.88^9,10	(0.02)	177	14
08-31-2007¹¹	10.00	—¹²	1.15	1.15	(0.03)	(0.12)	—	(0.15)	11.00	11.62^6,7	16.29⁸	0.86⁸	0.01⁸	112	4

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	41

Financial highlights

Continued

Lifecycle 2035 Portfolio continued


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses
			realized	Total							before	Expenses		Net
	Net asset	Net	and	from	From net						reduc-	including		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	reductions	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total	value, end	Total	amounts	and amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS R3

02-28-2010⁵	7.79	0.11	0.60	0.71	(0.09)	(0.03)	—	(0.12)	8.38	9.04^6,7	1.33⁸	0.70^8,9,13	2.66⁸	680	4
08-31-2009	9.59	0.06	(1.69)	(1.63)	(0.06)	(0.11)	—	(0.17)	7.79	(16.47)⁶	4.47	0.77⁹	0.84	451	20
08-31-2008	11.01	0.02	(1.21)	(1.19)	(0.08)	(0.15)	—	(0.23)	9.59	(11.05)⁶	9.94	0.81^9,10	0.24	278	14
08-31-2007¹¹	10.00	0.01	1.15	1.16	(0.03)	(0.12)	—	(0.15)	11.01	11.74^6,7	16.22⁸	0.79⁸	0.08⁸	112	4

CLASS R4

02-28-2010⁵	7.81	0.08	0.64	0.72	(0.11)	(0.03)	—	(0.14)	8.39	9.16^6,7	2.36⁸	0.40^8,9,13	1.95⁸	212	4
08-31-2009	9.63	0.07	(1.69)	(1.62)	(0.09)	(0.11)	—	(0.20)	7.81	(16.24)⁶	9.27	0.47⁹	1.06	182	20
08-31-2008	11.03	0.04	(1.20)	(1.16)	(0.09)	(0.15)	—	(0.24)	9.63	(10.77)⁶	11.02	0.52^9,10	0.41	219	14
08-31-2007¹¹	10.00	0.03	1.16	1.19	(0.04)	(0.12)	—	(0.16)	11.03	12.00^6,7	15.92⁸	0.50⁸	0.36⁸	112	4

CLASS R5

02-28-2010⁵	7.83	0.16	0.57	0.73	(0.13)	(0.03)	—	(0.16)	8.40	9.28^6,7	1.44⁸	0.10^8,9,13	3.93⁸	273	4
08-31-2009	9.67	0.11	(1.72)	(1.61)	(0.12)	(0.11)	—	(0.23)	7.83	(16.01)⁶	7.18	0.17⁹	1.61	199	20
08-31-2008	11.05	0.08	(1.21)	(1.13)	(0.10)	(0.15)	—	(0.25)	9.67	(10.49)⁶	11.07	0.23^9,10	0.78	149	14
08-31-2007¹¹	10.00	0.06	1.15	1.21	(0.04)	(0.12)	—	(0.16)	11.05	12.26^6,7	15.08⁸	0.22⁸	0.62⁸	119	4

CLASS 1

02-28-2010⁵	7.83	0.12	0.60	0.72	(0.12)	(0.03)	—	(0.15)	8.40	9.24^6,7	0.15⁸	0.15^8,9	2.95⁸	366,413	4
08-31-2009	9.68	0.10	(1.72)	(1.62)	(0.12)	(0.11)	—	(0.23)	7.83	(16.02)⁶	0.17	0.17⁹	1.49	272,778	20
08-31-2008	11.05	0.07	(1.19)	(1.12)	(0.10)	(0.15)	—	(0.25)	9.68	(10.40)⁶	0.19	0.19⁹	0.66	161,263	14
08-31-2007¹¹	10.00	(0.01)	1.23	1.22	(0.05)	(0.12)	—	(0.17)	11.05	12.27^6,7	0.45⁸	0.20⁸	(0.06)⁸	39,674	4

¹Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds in which the Portfolio invests.

²Based on the average daily shares outstanding.

³Assumes dividend reinvestment (if applicable).

⁴Does not include expenses of the underlying affiliated funds in which the Portfolio invests.

⁵Unaudited.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.


Period ended	Lifecycle 2035
2/28/10	0.48%–1.18%
8/31/09	0.49%–1.31%
8/31/08	0.49%–1.13%

¹⁰Includes transfer agent fee earned credits of less than 0.01% of average net assets.

¹¹The inception date for Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares is 10-30-06.

¹²Less than $0.005 per share.

¹³Includes the impact of expense recapture, which amounted to 0.01%, 0.04%, 0.01%, 0.19% and 0.09% of average net assets for Class A, R1, R3, R4 and R5, respectively, for the period ended 2-28-10. See Note 4.

See notes to financial statements


42	Lifecycle Portfolios \| Semiannual report

Financial highlights

Continued

Lifecycle 2030 Portfolio


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses	Expenses
			realized	Total							before	including		Net
	Net asset	Net	and	from	From net						reduc-	reduc-		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	tions and	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total	value, end	Total	amounts	amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS A

02-28-2010⁵	7.76	0.11	0.59	0.70	(0.09)	(0.03)	—	(0.12)	8.34	9.06^6,7	0.62⁸	0.59^8,9,14	2.63⁸	12,494	5
08-31-2009	9.57	0.08	(1.70)	(1.62)	(0.08)	(0.11)	—	(0.19)	7.76	(16.36)⁶	1.06	0.61⁹	1.13	9,351	23
08-31-2008	10.91	0.04	(1.18)	(1.14)	(0.07)	(0.13)	—	(0.20)	9.57	(10.66)⁶	1.33	0.63^9,10	0.43	3,345	10
08-31-2007¹¹	10.00	(0.02)	1.14	1.12	(0.06)	(0.15)	—	(0.21)	10.91	11.38^6,7	2.02⁸	0.63⁸	(0.23)⁸	1,135	3

CLASS R1

02-28-2010⁵	7.74	0.09	0.60	0.69	(0.08)	(0.03)	—	(0.11)	8.32	8.94^6,7	0.94⁸	0.74^8,9,14	2.22⁸	1,701	5
08-31-2009	9.52	0.07	(1.69)	(1.62)	(0.05)	(0.11)	—	(0.16)	7.74	(16.52)⁶	3.04	0.83⁹	1.04	1,245	23
08-31-2008	10.88	—¹³	(1.17)	(1.17)	(0.06)	(0.13)	—	(0.19)	9.52	(10.92)⁶	8.40	0.88^9,10	0.02	320	10
08-31-2007¹¹	10.00	0.01	1.08	1.09	(0.06)	(0.15)	—	(0.21)	10.88	10.98^6,7,12	16.24⁸	0.86⁸	0.12⁸	112	3

CLASS R3

02-28-2010⁵	7.75	0.11	0.58	0.69	(0.09)	(0.03)	—	(0.12)	8.32	8.85^6,7	1.27⁸	0.69^8,9,14	2.58⁸	760	5
08-31-2009	9.53	0.08	(1.69)	(1.61)	(0.06)	(0.11)	—	(0.17)	7.75	(16.38)⁶	3.09	0.76⁹	1.12	609	23
08-31-2008	10.88	0.08	(1.24)	(1.16)	(0.06)	(0.13)	—	(0.19)	9.53	(10.83)⁶	4.24	0.78^9,10	0.76	676	10
08-31-2007¹¹	10.00	0.02	1.07	1.09	(0.06)	(0.15)	—	(0.21)	10.88	11.00^6,7,12	16.18⁸	0.79⁸	0.19⁸	112	3

CLASS R4

02-28-2010⁵	7.76	0.05	0.65	0.70	(0.11)	(0.03)	—	(0.14)	8.32	8.99^6,7	2.41⁸	0.39^8,9,14	1.21⁸	92	5
08-31-2009	9.55	0.10	(1.69)	(1.59)	(0.09)	(0.11)	—	(0.20)	7.76	(16.08)⁶	5.43	0.45⁹	1.52	360	23
08-31-2008	10.91	0.08	(1.22)	(1.14)	(0.09)	(0.13)	—	(0.22)	9.55	(10.66)⁶	14.83	0.49^9,10	0.79	115	10
08-31-2007¹¹	10.00	0.04	1.08	1.12	(0.06)	(0.15)	—	(0.21)	10.91	11.36^6,7,12	15.88⁸	0.50⁸	0.47⁸	111	3

CLASS R5

02-28-2010⁵	7.76	0.13	0.59	0.72	(0.13)	(0.03)	—	(0.16)	8.32	9.26^6,7	0.58⁸	0.09^8,9,14	3.19⁸	797	5
08-31-2009	9.57	0.12	(1.71)	(1.59)	(0.11)	(0.11)	—	(0.22)	7.76	(15.88)⁶	1.61	0.17⁹	1.77	979	23
08-31-2008	10.93	0.04	(1.15)	(1.11)	(0.12)	(0.13)	—	(0.25)	9.57	(10.41)⁶	6.18	0.24^9,10	0.42	1,002	10
08-31-2007¹¹	10.00	0.07	1.08	1.15	(0.07)	(0.15)	—	(0.22)	10.93	11.62^6,7,12	15.57⁸	0.22⁸	0.76⁸	112	3

CLASS 1

02-28-2010⁵	7.75	0.12	0.61	0.73	(0.13)	(0.03)	—	(0.16)	8.32	9.35^6,7	0.15⁸	0.14^8,9	3.03⁸	478,846	5
08-31-2009	9.57	0.11	(1.70)	(1.59)	(0.12)	(0.11)	—	(0.23)	7.75	(15.90)	0.16	0.16⁹	1.58	350,658	23
08-31-2008	10.93	0.08	(1.19)	(1.11)	(0.12)	(0.13)	—	(0.25)	9.57	(10.41)	0.18	0.18⁹	0.75	219,711	10
08-31-2007¹¹	10.00	0.01	1.14	1.15	(0.07)	(0.15)	—	(0.22)	10.93	11.63^6,7	0.38⁸	0.20⁸	0.12⁸	50,070	3

¹Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds in which the Portfolio invests.

²Based on the average daily shares outstanding.

³Assumes dividend reinvestment (if applicable).

⁴Does not include expenses of the underlying affiliated funds in which the Portfolio invests.

⁵Unaudited.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.

⁹Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on the mix of underlying funds held by the Portfolio.

The range of expense ratios of the underlying funds held by the Portfolio was as follows:


Period ended	Lifecycle 2030
2/28/10	0.48%–1.18%
8/31/09	0.49%–1.31%
8/31/08	0.49%–1.13%

¹⁰Includes transfer agent fee earned credits of less than 0.01% of average net assets.

¹¹The inception date for Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares is 10-30-06.

¹²The Adviser made a payment to the Portfolio of $1,696. Excluding this payment, total returns would have been 11.00%, 11.26% and 11.52% for Class R3, Class R4 and Class R5, respectively. There was no effect to the total returns for Class A, Class R1 and Class 1. See Note 1.

¹³Less than $0.005 per share.

¹⁴Includes the impact of expense recapture, which amounted to less than 0.005%, 0.02%, 0.04%, 0.19% and 0.04% of average net assets for Class A, R1, R3, R4 and R5, respectively, for the period ended 2-28-10. See Note 4.

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	43

Financial highlights

Continued

Lifecycle 2025 Portfolio


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses
			realized	Total							before	Expenses		Net
	Net asset	Net	and	from	From net						reduc-	including re-		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	ductions and	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total	value, end	Total	amounts	amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS A

02-28-2010⁵	7.87	0.12	0.60	0.72	(0.12)	(0.03)	—	(0.15)	8.44	9.09^6,7	0.59⁸	0.59^8,9,12	2.89⁸	13,392	7
08-31-2009	9.57	0.11	(1.58)	(1.47)	(0.12)	(0.11)	—	(0.23)	7.87	(14.74)⁶	0.98	0.61⁹	1.59	9,419	25
08-31-2008	10.85	0.05	(1.12)	(1.07)	(0.08)	(0.13)	—	(0.21)	9.57	(10.08)⁶	1.49	0.62^9,10	0.52	3,604	9
08-31-2007¹¹	10.00	0.02	1.03	1.05	(0.07)	(0.13)	—	(0.20)	10.85	10.57^6,7	2.25⁸	0.63⁸	0.19⁸	661	3

CLASS R1

02-28-2010⁵	7.84	0.12	0.59	0.71	(0.11)	(0.03)	—	(0.14)	8.41	8.98^6,7	0.95⁸	0.74^8,9,12	2.83⁸	1,624	7
08-31-2009	9.52	0.09	(1.57)	(1.48)	(0.09)	(0.11)	—	(0.20)	7.84	(15.01)⁶	3.27	0.82⁹	1.40	1,197	25
08-31-2008	10.83	0.03	(1.14)	(1.11)	(0.07)	(0.13)	—	(0.20)	9.52	(10.42)⁶	8.37	0.87^9,10	0.27	285	9
08-31-2007¹¹	10.00	0.03	0.99	1.02	(0.06)	(0.13)	—	(0.19)	10.83	10.28^6,7	16.14⁸	0.87⁸	0.35⁸	111	3

CLASS R3

02-28-2010⁵	7.85	0.10	0.61	0.71	(0.11)	(0.03)	—	(0.14)	8.42	9.02^6,7	1.08⁸	0.69^8,9,12	2.43⁸	1,054	7
08-31-2009	9.53	0.06	(1.53)	(1.47)	(0.10)	(0.11)	—	(0.21)	7.85	(14.87)⁶	2.11	0.75⁹	0.87	1,381	25
08-31-2008	10.84	0.13	(1.24)	(1.11)	(0.07)	(0.13)	—	(0.20)	9.53	(10.41)⁶	5.37	0.78^9,10	1.22	456	9
08-31-2007¹¹	10.00	0.03	1.00	1.03	(0.06)	(0.13)	—	(0.19)	10.84	10.40^6,7	14.43⁸	0.81⁸	0.34⁸	186	3

CLASS R4

02-28-2010⁵	7.85	0.13	0.60	0.73	(0.13)	(0.03)	—	(0.16)	8.42	9.30^6,7	1.68⁸	0.39^8,9,12	3.05⁸	319	7
08-31-2009	9.55	0.11	(1.58)	(1.47)	(0.12)	(0.11)	—	(0.23)	7.85	(14.68)⁶	7.64	0.45⁹	1.56	260	25
08-31-2008	10.86	0.09	(1.17)	(1.08)	(0.10)	(0.13)	—	(0.23)	9.55	(10.16)⁶	11.76	0.49^9,10	0.90	207	9
08-31-2007¹¹	10.00	0.06	0.99	1.05	(0.06)	(0.13)	—	(0.19)	10.86	10.65^6,7	15.77⁸	0.52⁸	0.70⁸	111	3

CLASS R5

02-28-2010⁵	7.86	0.16	0.57	0.73	(0.15)	(0.03)	—	(0.18)	8.41	9.30^6,7	0.80⁸	0.09^8,9,12	3.85⁸	644	7
08-31-2009	9.57	0.14	(1.59)	(1.45)	(0.15)	(0.11)	—	(0.26)	7.86	(14.38)⁶	4.27	0.16⁹	2.08	339	25
08-31-2008	10.88	0.09	(1.14)	(1.05)	(0.13)	(0.13)	—	(0.26)	9.57	(9.91)⁶	7.87	0.21^9,10	0.92	285	9
08-31-2007¹¹	10.00	0.09	0.99	1.08	(0.07)	(0.13)	—	(0.20)	10.88	10.91^6,7	15.34⁸	0.23⁸	0.98⁸	113	3

CLASS 1

02-28-2010⁵	7.86	0.14	0.59	0.73	(0.15)	(0.03)	—	(0.18)	8.41	9.26^6,7	0.14⁸	0.14^8,9	3.33⁸	569,048	7
08-31-2009	9.58	0.14	(1.59)	(1.45)	(0.16)	(0.11)	—	(0.27)	7.86	(14.37)⁶	0.16	0.16⁹	2.08	428,618	25
08-31-2008	10.88	0.11	(1.15)	(1.04)	(0.13)	(0.13)	—	(0.26)	9.58	(9.81)⁶	0.17	0.17⁹	1.08	280,532	9
08-31-2007¹¹	10.00	0.04	1.04	1.08	(0.07)	(0.13)	—	(0.20)	10.88	10.93^6,7	0.31⁸	0.20⁸	0.39⁸	67,149	3

¹Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds in which the Portfolio invests.

²Based on the average daily shares outstanding.

³Assumes dividend reinvestment (if applicable).

⁴Does not include expenses of the underlying affiliated funds in which the Portfolio invests.

⁵Unaudited.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.


Period ended	Lifecycle 2025
2/28/10	0.48%–1.18%
8/31/09	0.49%–1.31%
8/31/08	0.49%–1.13%

¹⁰Includes transfer agent fee earned credits of less than 0.01% of average net assets.

¹¹The inception date for Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares is 10-30-06.

¹²Includes the impact of expense recapture, which amounted to 0.01%, 0.01%, 0.02%, 0.11% and 0.03% of average net assets for Class A, R1, R3, R4 and R5, respectively, for the period ended 2-28-10. See Note 4.

See notes to financial statements


44	Lifecycle Portfolios \| Semiannual report

Financial highlights

Continued

Lifecycle 2020 Portfolio


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses	Expenses
			realized	Total							before	including		Net
	Net asset	Net	and	from	From net						reduc-	reduc-		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	tions and	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total	value, end	Total	amounts	amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS A

02-28-2010⁵	8.06	0.14	0.59	0.73	(0.15)	(0.03)	—	(0.18)	8.61	9.05^6,12	0.57⁷	0.59^7,8,9	3.41⁷	15,868	9
08-31-2009	9.65	0.14	(1.45)	(1.31)	(0.16)	(0.12)	—	(0.28)	8.06	(12.75)⁶	0.86	0.61⁸	2.06	13,067	26
08-31-2008	10.80	0.12	(1.05)	(0.93)	(0.11)	(0.11)	—	(0.22)	9.65	(8.82)⁶	1.15	0.62^8,10	1.18	4,285	10
08-31-2007¹¹	10.00	0.04	0.94	0.98	(0.07)	(0.11)	—	(0.18)	10.80	9.87^6,12	1.59⁷	0.64⁷	0.49⁷	1,491	7

CLASS R1

02-28-2010⁵	8.04	0.14	0.59	0.73	(0.14)	(0.03)	—	(0.17)	8.60	9.06^6,12	0.93⁷	0.74^7,8,9	3.21⁷	2,337	9
08-31-2009	9.61	0.15	(1.47)	(1.32)	(0.13)	(0.12)	—	(0.25)	8.04	(13.00)⁶	2.11	0.83⁸	2.14	1,675	26
08-31-2008	10.78	0.08	(1.04)	(0.96)	(0.10)	(0.11)	—	(0.21)	9.61	(9.07)⁶	9.71	0.86^8,10	0.77	250	10
08-31-2007¹¹	10.00	0.07	0.88	0.95	(0.06)	(0.11)	—	(0.17)	10.78	9.58^6,12,13	16.14⁷	0.87⁷	0.74⁷	110	7

CLASS R3

02-28-2010⁵	8.04	0.14	0.59	0.73	(0.14)	(0.03)	—	(0.17)	8.60	9.11^6,12	1.14⁷	0.69^7,8,9	3.25⁷	1,145	9
08-31-2009	9.62	0.16	(1.48)	(1.32)	(0.14)	(0.12)	—	(0.26)	8.04	(12.97)⁶	2.29	0.76⁸	2.37	895	26
08-31-2008	10.78	0.15	(1.10)	(0.95)	(0.10)	(0.11)	—	(0.21)	9.62	(8.98)⁶	3.97	0.78^8,10	1.48	825	10
08-31-2007¹¹	10.00	0.07	0.88	0.95	(0.06)	(0.11)	—	(0.17)	10.78	9.59^6,12	15.58⁷	0.80⁷	0.80⁷	126	7

CLASS R4

02-28-2010⁵	8.05	0.12	0.62	0.74	(0.17)	(0.03)	—	(0.20)	8.59	9.13^6,12	2.68⁷	0.39^7,8,9	2.82⁷	95	9
08-31-2009	9.64	0.16	(1.46)	(1.30)	(0.17)	(0.12)	—	(0.29)	8.05	(12.68)⁶	7.25	0.45⁸	2.24	255	26
08-31-2008	10.80	0.16	(1.08)	(0.92)	(0.13)	(0.11)	—	(0.24)	9.64	(8.72)⁶	13.87	0.48^8,10	1.50	138	10
08-31-2007¹¹	10.00	0.10	0.88	0.98	(0.07)	(0.11)	—	(0.18)	10.80	9.85^6,12	15.75⁷	0.52⁷	1.09⁷	110	7

CLASS R5

02-28-2010⁵	8.06	0.16	0.60	0.76	(0.19)	(0.03)	—	(0.22)	8.60	9.39^6,12	0.58⁷	0.09^7,8,9	3.86⁷	869	9
08-31-2009	9.66	0.20	(1.48)	(1.28)	(0.20)	(0.12)	—	(0.32)	8.06	(12.38)⁶	1.96	0.16⁸	2.92	759	26
08-31-2008	10.82	0.19	(1.08)	(0.89)	(0.16)	(0.11)	—	(0.27)	9.66	(8.47)⁶	6.46	0.21^8,10	1.83	758	10
08-31-2007¹¹	10.00	0.10	0.90	1.00	(0.07)	(0.11)	—	(0.18)	10.82	10.11^6,12	8.22⁷	0.23⁷	1.08⁷	272	7

CLASS 1

02-28-2010⁵	8.06	0.16	0.60	0.76	(0.19)	(0.03)	—	(0.22)	8.60	9.34^6,12	0.14⁷	0.14^7,8	3.77⁷	559,960	9
08-31-2009	9.67	0.19	(1.48)	(1.29)	(0.20)	(0.12)	—	(0.32)	8.06	(12.38)⁶	0.16	0.16⁸	2.67	420,276	26
08-31-2008	10.82	0.15	(1.03)	(0.88)	(0.16)	(0.11)	—	(0.27)	9.67	(8.38)⁶	0.17	0.17⁸	1.49	276,252	10
08-31-2007¹¹	10.00	0.07	0.93	1.00	(0.07)	(0.11)	—	(0.18)	10.82	10.22^6,12,13	0.32⁷	0.20⁷	0.78⁷	64,901	7

¹Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds in which the Portfolio invests.

²Based on the average daily shares outstanding.

³Assumes dividend reinvestment (if applicable).

⁴Does not include expenses of the underlying affiliated funds in which the Portfolio invests.

⁵Unaudited.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Annualized.

⁸Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on the mix of underlying funds held by the Portfolio.

The range of expense ratios of the underlying funds held by the Portfolio was as follows:


Period ended	Lifecycle 2020
2/28/10	0.48%–1.18%
8/31/09	0.49%–1.25%
8/31/08	0.49%–1.13%

⁹Includes the impact of expense recapture, which amounted to 0.01%, less than 0.005%, 0.02%, 0.22% and 0.03% of average net assets for Class A, R1, R3, R4 and R5, respectively, for the period ended 2-28-10. See Note 4.

¹⁰Includes transfer agent fee earned credits of less than 0.01% of average net assets.

¹¹The inception date for Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares is 10-30-06.

¹²Not annualized.

¹³The Adviser made a payment to the Portfolio of $2,881. Excluding this payment, total returns would have been 9.48% and 10.12% for Class R1 and Class 1, respectively. There was no effect to the total returns for Class A, Class R3, Class R4 and Class R5.

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	45

Financial highlights

Continued

Lifecycle 2015 Portfolio


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses
			realized	Total							before	Expenses		Net
	Net asset	Net	and	from	From net						reduc-	including		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	reductions	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Tota l	value, end	Total	amounts	and amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS A

02-28-2010⁵	8.17	0.17	0.54	0.71	(0.19)	(0.04)	—	(0.23)	8.65	8.69^6,7	0.57⁸	0.59^8,9,10,11	4.02⁸	11,501	13
08-31-2009	9.66	0.21	(1.36)	(1.15)	(0.21)	(0.13)	—	(0.34)	8.17	(10.91)⁶	1.03	0.61^9,10	2.96	8,596	28
08-31-2008	10.65	0.18	(0.92)	(0.74)	(0.14)	(0.11)	—	(0.25)	9.66	(7.16)⁶	1.43	0.63^10,12	1.74	2,776	10
08-31-2007¹³	10.00	0.07	0.76	0.83	(0.09)	(0.09)	—	(0.18)	10.65	8.37^6,7	2.19⁸	0.63⁸	0.86⁸	836	9

CLASS R1

02-28-2010⁵	8.15	0.16	0.55	0.71	(0.18)	(0.04)	—	(0.22)	8.64	8.69^6,7	1.01⁸	0.74^8,9,10,11	3.79⁸	1,088	13
08-31-2009	9.62	0.20	(1.35)	(1.15)	(0.19)	(0.13)	—	(0.32)	8.15	(11.15)⁶	5.13	0.83^9,10	2.79	762	28
08-31-2008	10.63	0.16	(0.93)	(0.77)	(0.13)	(0.11)	—	(0.24)	9.62	(7.41)⁶	8.84	0.86^10,12	1.61	207	10
08-31-2007¹³	10.00	0.11	0.69	0.80	(0.08)	(0.09)	—	(0.17)	10.63	8.08^6,7,14	16.47⁸	0.87⁸	1.21⁸	108	9

CLASS R3

02-28-2010⁵	8.15	0.17	0.54	0.71	(0.18)	(0.04)	—	(0.22)	8.64	8.74^6,7	1.03⁸	0.69^8,9,10,11	4.05⁸	1,359	13
08-31-2009	9.63	0.20	(1.36)	(1.16)	(0.19)	(0.13)	—	(0.32)	8.15	(11.12)⁶	2.59	0.77^9,10	2.81	763	28
08-31-2008	10.63	0.15	(0.91)	(0.76)	(0.13)	(0.11)	—	(0.24)	9.63	(7.32)⁶	6.20	0.81^10,12	1.48	693	10
08-31-2007¹³	10.00	0.11	0.69	0.80	(0.08)	(0.09)	—	(0.17)	10.63	8.10^6,7	16.38⁸	0.80⁸	1.28⁸	108	9

CLASS R4

02-28-2010⁵	8.16	0.14	0.58	0.72	(0.21)	(0.04)	—	(0.25)	8.63	8.76^6,7	2.81⁸	0.39^8,9,10,11	3.24⁸	41	13
08-31-2009	9.65	0.21	(1.35)	(1.14)	(0.22)	(0.13)	—	(0.35)	8.16	(10.83)⁶	5.34	0.46^9,10	3.00	355	28
08-31-2008	10.65	0.21	(0.94)	(0.73)	(0.16)	(0.11)	—	(0.27)	9.65	(7.06)⁶	12.64	0.50^10,12	2.02	172	10
08-31-2007¹³	10.00	0.14	0.69	0.83	(0.09)	(0.09)	—	(0.18)	10.65	8.35^6,7	16.08⁸	0.52⁸	1.56⁸	108	9

CLASS R5

02-28-2010⁵	8.17	0.20	0.54	0.74	(0.23)	(0.04)	—	(0.27)	8.64	9.03^6,7	2.47⁸	0.09^8,9,10,11	4.68⁸	183	13
08-31-2009	9.67	0.36	(1.48)	(1.12)	(0.25)	(0.13)	—	(0.38)	8.17	(10.53)⁶	5.04	0.20^9,10	4.98	103	28
08-31-2008	10.67	0.18	(0.88)	(0.70)	(0.19)	(0.11)	—	(0.30)	9.67	(6.81)⁶	5.09	0.22^10,12	1.81	464	10
08-31-2007¹³	10.00	0.16	0.69	0.85	(0.09)	(0.09)	—	(0.18)	10.67	8.61^6,7	15.77⁸	0.23⁸	1.84⁸	109	9

CLASS 1

02-28-2010⁵	8.17	0.19	0.55	0.74	(0.23)	(0.04)	—	(0.27)	8.64	8.98^6,7	0.14⁸	0.14^8,9,10	4.32⁸	391,226	13
08-31-2009	9.68	0.25	(1.37)	(1.12)	(0.26)	(0.13)	—	(0.39)	8.17	(10.54)⁶	0.16	0.16^9,10	3.51	305,171	28
08-31-2008	10.68	0.21	(0.91)	(0.70)	(0.19)	(0.11)	—	(0.30)	9.68	(6.80)⁶	0.18	0.18¹⁰	2.12	216,679	10
08-31-2007¹³	10.00	0.10	0.76	0.86	(0.09)	(0.09)	—	(0.18)	10.68	8.72^6,7	0.36⁸	0.20⁸	1.19⁸	55,723	9

¹Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds in which the Portfolio invests.

²Based on the average daily shares outstanding.

³Assumes dividend reinvestment (if applicable).

⁴Does not include expenses of the underlying affiliated funds in which the Portfolio invests.

⁵Unaudited.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.


Period ended	Lifecycle 2015
2/28/10	0.48%–1.13%
8/31/09	0.49%–1.18%
8/31/08	0.49%–1.13%

¹¹Includes the impact of expense recapture, which amounted to 0.02%, 0.01%, 0.02%, 0.27% and 0.14% of average net assets for Class A, R1, R3, R4 and R5, respectively, for the period ended 2-28-10. See Note 4.

¹²Includes transfer agent fee earned credits of less than 0.01% of average net assets.

¹³The inception date for Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares is 10-30-06.

¹⁴The Adviser made a payment to the Portfolio of $6,640. Excluding this payment, total return would have been 7.98% for Class R1. There was no effect to the total returns for Class A, Class R3, Class R4, Class R5 and Class 1.

See notes to financial statements


46	Lifecycle Portfolios \| Semiannual report

Financial highlights

Continued

Lifecycle 2010 Portfolio


Per share operating performance for a share outstanding throughout each period											Ratios and supplemental data
		income (loss) from
		investment operations				Less distributions					Ratios to average net assets


			Net								Expenses
			realized	Total							before	Expenses		Net
	Net asset	Net	and	from	From net						reduc-	including		assets,
	value,	invest-	unrealized	invest-	invest-				Net asset		tions and	reductions	Net	end of
	beginning	ment in-	gain (loss)	ment	ment	From net	From	Total	value, end	Total	amounts	and amounts	investment	period (in	Portfolio
	of period	come (loss)	on invest-	operations	income	realized	capital	distribu-	of period	return	recaptured	recaptured	income	thousands)	turnover
Period ended	($)	($)^1,2	ments ($)	($)	($)	gain ($)	paid-in ($)	tions ($)	($)	(%)³	(%)⁴	(%)⁴	(%)¹	($)	(%)

CLASS A

02-28-2010⁵	8.38	0.20	0.50	0.70	(0.17)	(0.03)	—	(0.20)	8.88	8.38^6,7	0.55⁸	0.59^8,9,10,11	4.49⁸	8,072	26
08-31-2009	9.69	0.28	(1.20)	(0.92)	(0.26)	(0.13)	—	(0.39)	8.38	(8.53)⁶	1.22	0.64^9,10	3.75	5,637	31
08-31-2008	10.54	0.23	(0.83)	(0.60)	(0.16)	(0.09)	—	(0.25)	9.69	(5.87)⁶	1.61	0.65^10,13	2.28	2,050	14
08-31-2007¹²	10.00	0.12	0.57	0.69	(0.09)	(0.06)	—	(0.15)	10.54	6.99^6,7	2.45⁸	0.63⁸	1.42⁸	665	17

CLASS R1

02-28-2010⁵	8.36	0.18	0.52	0.70	(0.16)	(0.03)	—	(0.19)	8.87	8.38^6,7	0.99⁸	0.74^8,9,10,11	4.22⁸	585	26
08-31-2009	9.66	0.25	(1.19)	(0.94)	(0.23)	(0.13)	—	(0.36)	8.36	(8.82)⁶	9.94	0.87^9,10	3.39	286	31
08-31-2008	10.52	0.23	(0.85)	(0.62)	(0.15)	(0.09)	—	(0.24)	9.66	(6.02)⁶	14.92	0.87^10,13	2.30	126	14
08-31-2007¹²	10.00	0.15	0.52	0.67	(0.09)	(0.06)	—	(0.15)	10.52	6.70^6,7	16.89⁸	0.87⁸	1.70⁸	107	17

CLASS R3

02-28-2010⁵	8.37	0.19	0.51	0.70	(0.17)	(0.03)	—	(0.20)	8.87	8.30^6,7	1.06⁸	0.69^8,9,10,11	4.29⁸	1,286	26
08-31-2009	9.67	0.26	(1.19)	(0.93)	(0.24)	(0.13)	—	(0.37)	8.37	(8.69)⁶	2.34	0.79^9,10	3.48	1,260	31
08-31-2008	10.53	0.26	(0.88)	(0.62)	(0.15)	(0.09)	—	(0.24)	9.67	(6.02)⁶	3.95	0.82^10,13	2.64	795	14
08-31-2007¹²	10.00	0.16	0.52	0.68	(0.09)	(0.06)	—	(0.15)	10.53	6.82^6,7,14	16.81⁸	0.80⁸	1.77⁸	107	17

CLASS R4

02-28-2010⁵	8.38	0.20	0.52	0.72	(0.19)	(0.03)	—	(0.22)	8.88	8.57^6,7	4.17⁸	0.39^8,9,10,11	4.53⁸	69	26
08-31-2009	9.69	0.29	(1.20)	(0.91)	(0.27)	(0.13)	—	(0.40)	8.38	(8.40)⁶	11.93	0.49^9,10	3.82	116	31
08-31-2008	10.55	0.26	(0.85)	(0.59)	(0.18)	(0.09)	—	(0.27)	9.69	(5.76)⁶	12.38	0.53^10,13	2.56	205	14
08-31-2007¹²	10.00	0.18	0.52	0.70	(0.09)	(0.06)	—	(0.15)	10.55	7.08^6,7,14	16.51⁸	0.52⁸	2.06⁸	107	17

CLASS R5

02-28-2010⁵	8.39	0.22	0.50	0.72	(0.21)	(0.03)	—	(0.24)	8.87	8.61^6,7	1.73⁸	0.09^8,9,10,11	5.06⁸	188	26
08-31-2009	9.71	0.31	(1.20)	(0.89)	(0.30)	(0.13)	—	(0.43)	8.39	(8.11)⁶	5.86	0.20^9,10	4.12	207	31
08-31-2008	10.57	0.24	(0.80)	(0.56)	(0.21)	(0.09)	—	(0.30)	9.71	(5.51)⁶	10.30	0.25^10,13	2.41	498	14
08-31-2007¹²	10.00	0.21	0.52	0.73	(0.10)	(0.06)	—	(0.16)	10.57	7.33^6,7,14	16.20⁸	0.23⁸	2.34⁸	107	17

CLASS 1

02-28-2010⁵	8.39	0.23	0.50	0.73	(0.21)	(0.03)	—	(0.24)	8.88	8.69^6,7	0.14⁸	0.14^8,9,10	5.17⁸	439,630	26
08-31-2009	9.72	0.30	(1.20)	(0.90)	(0.30)	(0.13)	—	(0.43)	8.39	(8.15)⁶	0.19	0.19^9,10	4.10	151,035	31
08-31-2008	10.57	0.26	(0.81)	(0.55)	(0.21)	(0.09)	—	(0.30)	9.72	(5.41)⁶	0.21	0.20¹⁰	2.61	121,337	14
08-31-2007¹²	10.00	0.16	0.57	0.73	(0.10)	(0.06)	—	(0.16)	10.57	7.34^6,7	0.56⁸	0.20⁸	1.78⁸	25,428	17

¹Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds in which the Portfolio invests.

²Based on the average daily shares outstanding.

³Assumes dividend reinvestment (if applicable).

⁴Does not include expenses of the underlying affiliated funds in which the Portfolio invests.

⁵Unaudited.

⁶Total returns would have been lower had certain expenses not been reduced during the periods shown.

⁷Not annualized.

⁸Annualized.

¹⁰Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on the mix of underlying funds held by the Portfolio.

The range of expense ratios of the underlying funds held by the Portfolio was as follows:


Period ended	Lifecycle 2010
2/28/10	0.48%–1.08%
8/31/09	0.49%–1.09%
8/31/08	0.49%–1.13%

¹¹Includes the impact of expense recapture, which amounted to 0.02%, 0.05%, 0.02%, 0.38% and 0.16% of average net assets for Class A, R1, R3, R4 and R5, respectively, for the period ended 2-28-10. See Note 4.

¹²The inception date for Class A, Class R1, Class R3, Class R4, Class R5 and Class 1 shares is 10-30-06.

¹³Includes transfer agent fee earned credits of less than 0.01% of average net assets.

¹⁴The Adviser made a payment to the Portfolio of $4,286. Excluding this payment, total returns would have been 6.72%, 6.97% and 7.23% for Class R3, Class R4 and Class R5, respectively. There was no effect to the total returns for Class A, Class R1 and Class 1. See Note 1.

See notes to financial statements


	Semiannual report \| Lifecycle Portfolios	47

Notes to financial statements

(Unaudited)

Note 1 — Organization

John Hancock Funds II (JHF II or the Trust) is an open-end management investment company organized as a Massachusetts business trust. The Trust is a series company which means it has several funds, each with a stated investment objective that it pursues through separate investment policies. The Trust currently offers eighty-six separate investment funds, eight of which (collectively, Lifecycle Portfolios or the Portfolios, and individually the Portfolio) are presented in this report and are non-diversified for purposes of the Investment Company Act of 1940, as amended (the 1940 Act).

The Portfolios may offer multiple classes of shares. The shares currently offered by the Trust are detailed in the Statements of Assets and Liabilities. Class A shares are open to all investors. Class R1, R3, R4 and R5 shares are available only to certain retirement plans. Class 1 shares are offered only to certain affiliates of Manulife Financial Corporation (MFC). The Lifecycle Portfolios are a series of the Trust and operate as “funds of funds” that invest in Class NAV shares of underlying funds of the Trust, John Hancock Funds (JHF), John Hancock Funds III (JHF III) and also in other affiliated funds of the John Hancock funds complex. The Portfolios may also invest in unaffiliated underlying funds and other permitted security investments. Shareholders of each class have exclusive voting rights to matters that affect that class. The distribution and service fees and transfer agent fees for each class may differ.

The accounting policies of the underlying funds of the Portfolios are outlined in the underlying funds’ shareholder reports, available without charge by calling 1-800-344-1029, on the Securities and Exchange Commission (SEC) Web site at www.sec.gov or at the SEC’s public reference room in Washington, D.C. The underlying funds are not covered by this report.

Note 2 — Significant accounting policies

Security valuation. Investments are stated at value as of the close of the regular trading on the New York Stock Exchange (NYSE), normally at 4:00 p.m., Eastern Time. The Portfolios use a three-tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes 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 techniques are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes significant unobservable inputs when market prices are not readily available or reliable, including the Portfolios’ own assumptions in determining the fair value of investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At February 28, 2010, all investments for the Portfolios are Level 1 under the hierarchy discussed above.

In order to value the securities, the Portfolios use the following valuation techniques. Investments by the Portfolios in underlying affiliated funds are valued at their respective net asset value each business day. All other securities held by the Portfolios are valued at the last sale price or official closing price on the principal securities exchange on which they trade. In the event there were no sales during the day or closing prices are not available, then securities are valued using the last quoted bid or evaluated price.

Expenses. The majority of expenses are directly attributable to an individual Portfolio. Expenses that are not readily attributable to a specific Portfolio are allocated among all Portfolios in an equitable manner, taking into consideration, among other things, the nature and type of expense and the Portfolios’ relative assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.

Class allocations. Income, common expenses, and realized and unrealized gains (losses) are determined at the Portfolio level and allocated daily to each class of shares based on the net asset value of the class. Class-specific expenses, such as distribution and service fees, if any, transfer agent fees, state registration fees and printing and postage fees for all classes are calculated daily at the class level based on the appropriate net asset value of each class and the specific expense rates applicable to each class.


48	Lifecycle Portfolios \| Semiannual report

Line of credit. The Portfolios may borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the custodian agreement, the custodian may loan money to the Portfolios to make properly authorized payments. The Portfolios are obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian has a lien, security interest or security entitlement in any Portfolio property that is not segregated, to the maximum extent permitted by law for any overdraft.

In addition, the Portfolios and other affiliated funds have entered into an agreement with the custodian which enables them to participate in a $200 million unsecured committed line of credit effective March 31, 2010. A commitment fee, payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating Portfolio on a pro rata basis based on their relative average net assets.

Federal income taxes. Each Portfolio intends to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.

For federal income tax purposes, the Portfolios have a capital loss carryforward available to offset future net realized capital gains. The following table details the capital loss carryforward available as of August 31, 2009.

Capital Loss Carryforwards
Expiring at August 31


Portfolio	2017


Lifecycle 2045	$699,374
Lifecycle 2040	825,392
Lifecycle 2035	1,230,606
Lifecycle 2030	1,619,728
Lifecycle 2025	1,882,836
Lifecycle 2020	1,054,048
Lifecycle 2015	562,494
Lifecycle 2010	176,244

As of August 31, 2009, the Portfolios had no uncertain tax positions that would require financial statement recognition, de-recognition or disclosure. The Portfolios’ federal tax return is subject to examination by the Internal Revenue Service for a period of three years.

The cost of investments owned on February 28, 2010, including short-term investments, for federal income tax purposes, was as follows:


				Net Unrealized
		Unrealized	Unrealized	Appreciation
Portfolio	Aggregate Cost	Appreciation	Depreciation	(Depreciation)


Lifecycle 2045	$258,419,075	$22,676,362	($11,326,277)	$11,350,085
Lifecycle 2040	274,154,137	19,197,007	(11,082,441)	8,114,566
Lifecycle 2035	368,203,160	23,665,174	(15,351,801)	8,313,373
Lifecycle 2030	483,407,231	32,067,865	(20,821,882)	11,245,983
Lifecycle 2025	571,240,784	38,651,498	(23,794,504)	14,856,994
Lifecycle 2020	560,841,371	39,930,453	(20,492,216)	19,438,237
Lifecycle 2015	394,414,317	24,833,431	(13,809,455)	11,023,976
Lifecycle 2010	442,405,287	16,635,340	(9,169,920)	7,465,420

Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-dividend date. The Portfolios generally declare and pay dividends and capital gain distributions, if any, annually. The tax character of distributions for the year ended August 31, 2009 was as follows:


	Year Ended August 31, 2009 Distributions

	Ordinary	Long Term
Portfolio	Income	Capital Gains	Total


Lifecycle 2045	$1,996,382	$962,229	$2,958,611
Lifecycle 2040	2,318,546	1,157,256	3,475,802
Lifecycle 2035	3,129,842	2,042,797	5,172,639
Lifecycle 2030	4,339,839	2,553,593	6,893,432
Lifecycle 2025	7,203,403	2,908,069	10,111,472
Lifecycle 2020	9,213,352	2,411,072	11,624,424
Lifecycle 2015	8,921,945	1,763,044	10,684,989
Lifecycle 2010	5,712,057	855,324	6,567,381

Distributions paid by the Portfolios with respect to each series of shares are calculated in the same manner, at the same time and in the same amount, except for the effect of expenses that may be applied differently to each class.


	Semiannual report \| Lifecycle Portfolios	49

Such distributions on a tax basis, are determined in conformity with income tax regulations, which may differ from accounting principles generally accepted in the United States of America. Material distributions in excess of tax basis earnings and profits, if any, are reported in the Portfolios’ financial statements as a return of capital. Short term gains from underlying funds are treated as ordinary income for tax purposes.

Note 3 — Guarantees and indemnifications

Under the Trust’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. Additionally, in the normal course of business, the Trust enters into contracts with service providers that contain general indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred.

Note 4 — Fees and transactions with affiliates

Management fee. The Fund has an investment management contract with the Adviser under which the Fund pays a daily management fee to the Adviser equivalent, on an annual basis, as stated below:

The fee on assets invested in a fund of JHF II or JHF III is stated as an annual percentage of the current value of the aggregate net assets of all the Portfolios determined in accordance with the following schedule, and that rate is applied to the Affiliated Fund Assets held by each Portfolio.


	First $7.5 billion of	Excess over $7.5 billion
Portfolio	aggregate net assets	of aggregate net assets

Lifecycle Portfolios	0.06%	0.05%

The fee on Other Assets is stated as an annual percentage of the current value of the aggregate net assets of all the Portfolios determined in accordance with the following schedule, and that rate is applied to the Other Assets of each Portfolio.


	First $7.5 billion of	Excess over $7.5 billion
Portfolio	aggregate net assets	of aggregate net assets


Lifecycle Portfolios	0.51%	0.50%

MFC Global Investment Management (U.S.A.) Limited acts as subadviser to the Lifecycle Portfolios. The Portfolios are not responsible for the payment of subadvisory fees. The investment management fees incurred for the six months ended February 28, 2010 were equivalent to an annual effective rate of each Portfolio’s average daily net assets as follows:


	Annual
Portfolio	Effective Rate

Lifecycle 2045	0.06%
Lifecycle 2040	0.06%
Lifecycle 2035	0.06%
Lifecycle 2030	0.06%
Lifecycle 2025	0.06%
Lifecycle 2020	0.06%
Lifecycle 2015	0.06%
Lifecycle 2010	0.06%

Effective January 1, 2010, the Adviser voluntarily agreed to waive a portion of its management fee if certain expenses of the Portfolios (excluding management fees, underlying fund expenses, Rule 12b-1 fees, transfer agency fees, service plan fees, state registration fees, printing and postage fees, taxes, brokerage commissions, interest, litigation and indemnification expenses, other expenses not incurred in the ordinary course of the Portfolios’ business, and fees under any agreement or plans of the Portfolios dealing with services for shareholders and others with beneficial interests in shares of the Portfolios) exceed 0.10% of average net assets. This expense reduction will continue in effect until terminated by the Adviser. Prior to January 1, 2010 the Adviser contractually waived above expenses exceeding 0.09% of average net assets.

Also, the Adviser has agreed to contractually limit certain class-specific expenses for all Portfolios to 0.50% for Class A, 0.05% for Class 1, 0.65% for Class R1, 0.60% for Class R3 (0.55% for Lifecycle 2045 and Lifecycle 2040), 0.30% for Class R4 and 0.00% for Class R5. These reimbursements will continue in effect until December 31, 2010 and thereafter, until terminated by the Adviser on notice to the Trust.

The adviser has voluntarily agreed to waive its advisory fee or reimburse the Portfolios so that the aggregate advisory fee retained by the adviser with respect to both the Portfolios and the underlying investments does not exceed 0.51% of the Lifecycle Portfolio’s first $7.5 billion of average net assets and 0.50% of the Portfolio’s average net assets in excess of $7.5 billion. This voluntary waiver may terminate at any time.


50	Lifecycle Portfolios \| Semiannual report

For the six months ended February 28, 2010, the expense reductions amounted to the following and are reflected as a reduction of total expenses in the Statements of Operations:


		Expense Reimbursement by Class

Portfolio	Class A	Class R1	Class R3	Class R4	Class R5	Class 1	Total

Lifecycle 2045	$3,745	$1,505	$2,135	$1,962	$2,018	$3,493	$14,858
Lifecycle 2040	1,891	1,527	2,555	1,970	2,126	3,617	13,686
Lifecycle 2035	1,812	1,532	2,054	1,962	2,029	4,946	14,335
Lifecycle 2030	1,426	1,712	2,234	2,052	2,279	6,224	15,927
Lifecycle 2025	752	1,700	2,314	2,044	2,153	6,949	15,911
Lifecycle 2020	330	2,084	2,413	1,999	2,258	5,103	14,187
Lifecycle 2015	495	1,509	2,139	1,934	2,011	—	8,088
Lifecycle 2010	129	1,222	2,181	1,917	1,964	—	7,413

Accounting and legal services. Pursuant to the Advisory Agreement, the Portfolios reimburse the Adviser for all expenses associated with providing the administrative, financial, legal, accounting and recordkeeping services of the Portfolios, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports amongst other services. These expenses are allocated to each share class based on relative net assets at the time the expense was incurred. The accounting and legal services fees incurred for the six months ended February 28, 2010, amounted to an approximate annual rate of 0.01% of each Portfolio’s average daily net assets except for Lifecycle 2045, which was 0.02%.

Distribution and service plans. The Trust has a distribution agreement with the Distributor. The Portfolios have adopted distribution plans with respect to Class A, Class R1, Class R3, Class R4 and Class 1 pursuant to Rule 12b-1 of the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the Portfolios. In addition, under a service plan for Class R1, R3, R4 and R5, the Portfolios pay the Distributor for certain other services. The following table shows the contractual rates of distribution and services fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the Portfolios’ shares.


	Distribution
Class	Fee (12b-1)	Service Fee

A	0.30%	0.00%
R1	0.50%	0.25%
R3	0.50%	0.15%
R4	0.25%	0.10%
R5	0.00%	0.05%
1	0.05%	0.00%

Sales charges. Class A shares are assessed up-front sales charges of up to 5% of the net asset value of such shares. The following summarizes the net upfront sales charges received by the Distributor during the six months ended February 28, 2010:


	Lifecycle	Lifecycle	Lifecycle	Lifecycle	Lifecycle	Lifecycle	Lifecycle	Lifecycle
	2045	2040	2035	2030	2025	2020	2015	2010

Net Sales Charges	$23,120	$10,544	$20,122	$19,001	$27,298	$46,986	$40,257	$9,850
Retained for printing
prospectuses, advertising
and sales literature	3,051	1,251	2,769	2,418	4,196	7,618	6,174	1,117
Sales commission to
unrelated broker-dealers	19,984	9,272	17,324	16,455	22,730	39,218	34,043	8,733
Sales commission to
affiliated sales personnel	85	21	29	128	372	150	40	—

Transfer agent fees. The Portfolios have a transfer agent agreement with John Hancock Signature Services, Inc. (“Signature Services” or “Transfer Agent”), an affiliate of the Adviser. The transfer agent fees are made up of three components:

•The Portfolios pay a monthly transfer agent fee at an annual rate of 0.05% for ClassA, R1, R3, R4 and R5, based on each class’s average daily net assets.

•The Portfolios pay a monthly fee for Class A, R1, R3, R4 and R5 based on an annual rate of $16.50 per shareholder account.

•In addition, Signature Services is reimbursed for certain out-of-pocket expenses.


	Semiannual report \| Lifecycle Portfolios	51

Certain investor accounts that maintain small balances are charged an annual small accounts fee by Signature Services. Amounts related to these fees are credited by Signature Services to the Portfolios. For the period ended February 28, 2010, these fees were as follows:


	Small account
Portfolio	fees

Lifecycle 2045 Portfolio	$740
Lifecycle 2040 Portfolio	360
Lifecycle 2035 Portfolio	460
Lifecycle 2030 Portfolio	260
Lifecycle 2025 Portfolio	440
Lifecycle 2020 Portfolio	320
Lifecycle 2015 Portfolio	280
Lifecycle 2010 Portfolio	140

Class level expenses for the six months ended February 28, 2010 were:


		Distribution and	Transfer	State registration	Printing and
Portfolio	Share class	service fees	agent fees	fees	postage fees


Lifecycle 2045	Class A	$6,239	$9,008	($846)	$419
	Class R1	1,939	610	297	40
	Class R3	977	313	1,399	54
	Class R4	330	164	1,399	38
	Class R5	37	181	1,433	44
	Class 1	56,869	—	—	—
	Total	$66,391	$10,276	$3,682	$595


Lifecycle 2040	Class A	$7,899	$7,528	($928)	$446
	Class R1	3,270	692	296	88
	Class R3	3,994	552	1,399	178
	Class R4	190	177	1,399	49
	Class R5	106	271	1,399	110
	Class 1	58,903	—	—	—
	Total	$74,362	$9,220	$3,565	$871


Lifecycle 2035	Class A	$10,331	$8,838	($868)	$624
	Class R1	3,159	690	291	53
	Class R3	1,644	362	1,395	60
	Class R4	293	149	1,395	30
	Class R5	49	199	1,413	47
	Class 1	80,538	—	—	—
	Total	$96,014	$10,238	$3,626	$814


Lifecycle 2030	Class A	$16,659	$11,720	($713)	$964
	Class R1	5,346	797	300	90
	Class R3	2,144	466	1,400	105
	Class R4	302	177	1,400	126
	Class R5	173	333	1,424	180
	Class 1	104,292	—	—	—
	Total	$128,916	$13,493	$3,811	$1,465


Lifecycle 2025	Class A	$17,566	$11,143	($770)	$1,037
	Class R1	5,350	775	300	127
	Class R3	3,332	559	1,402	154
	Class R4	477	208	1,402	42
	Class R5	94	259	1,435	87
	Class 1	126,194	—	—	—
	Total	$153,013	$12,944	$3,769	$1,447


Lifecycle 2020	Class A	$22,350	$12,945	($799)	$1,290
	Class R1	7,480	961	284	144
	Class R3	3,150	493	1,392	145
	Class R4	242	147	1,392	61
	Class R5	121	342	1,408	180
	Class 1	123,242	—	—	—


52	Lifecycle Portfolios \| Semiannual report


		Distribution and	Transfer	State registration	Printing and
Portfolio	Share class	service fees	agent fees	fees	postage fees


Lifecycle 2015	Class A	$15,422	$9,408	($787)	$814
	Class R1	3,185	703	303	70
	Class R3	3,348	554	1,401	120
	Class R4	234	151	1,401	34
	Class R5	26	178	1,401	83
	Class 1	87,588	—	—	—
	Total	$109,803	$10,994	$3,719	$1,121


Lifecycle 2010	Class A	$10,385	$5,855	($828)	$483
	Class R1	1,378	451	301	54
	Class R3	3,298	456	1,405	128
	Class R4	147	111	1,402	25
	Class R5	36	157	1,388	50
	Class 1	86,450	—	—	—
	Total	$101,694	$7,030	$3,668	$740

Affiliated share ownership. At February 28, 2010, affiliates of the Portfolios owned shares of beneficial interest of the following Portfolios:


Portfolio	Class R1

Lifecycle 2040	10,742
Lifecycle 2015	11,100
Lifecycle 2010	22,262


	Amount recovered	Amounts eligible for
	during the six-month period	recovery through
Portfolio	ended 2/28/10	February 1, 2013

Lifecycle 2045	$1,453	$51,186
Lifecycle 2040	1,381	50,401
Lifecycle 2035	1,741	48,498
Lifecycle 2030	1,519	50,445
Lifecycle 2025	2,158	47,927
Lifecycle 2020	2,768	46,624
Lifecycle 2015	2,727	45,095
Lifecycle 2010	3,195	42,271

Note 5 —Portfolio share transactions

Transactions in Portfolio shares for the six months ended February 28, 2010 and year ended August 31, 2009 were as follows:


Lifecycle 2045 Portfolio
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount
Class A shares

Sold	291,264	$2,426,619	229,021	$1,543,975
Issued in class	—	—	170,233	1,335,003
Distributions reinvested	6,799	57,727	3,299	19,894
Repurchased	(203,608)	(1,708,260)	(149,241)	(1,077,278)
Net increase	94,455	$776,086	253,312	$1,821,594

Class B shares

Sold	—	—	13,970	$102,558
Redeemed in class	—	—	(38,259)	(297,616)
Distributions reinvested	—	—	621	3,746
Repurchased	—	—	(5,449)	(29,624)
Net decrease	—	—	(29,117)	($220,936)


	Semiannual report \| Lifecycle Portfolios	53


Lifecycle 2045 Portfolio (continued)
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class C shares

Sold	—	—	14,614	$116,420
Redeemed in class	—	—	(34,573)	(268,750)
Distributions reinvested	—	—	480	2,897
Repurchased	—	—	(508)	(3,272)
Net decrease	—	—	(19,987)	($152,705)

Class R shares

Sold	—	—	19,637	$133,997
Redeemed in class	—	—	(34,994)	(272,677)
Distributions reinvested	—	—	380	2,295
Repurchased	—	—	(3,318)	(21,063)
Net decrease	—	—	(18,295)	($157,448)

Class R1 shares

Sold	22,471	$187,662	29,624	$207,566
Issued in class	—	—	34,911	272,677
Distributions reinvested	851	7,224	639	3,855
Repurchased	(31,615)	(264,391)	(4,672)	(32,120)
Net increase (decrease)	(8,293)	($69,505)	60,502	$451,978

Class R2 shares

Sold	—	—	76,052	$499,397
Redeemed in class	—	—	(98,209)	(768,637)
Distributions reinvested	—	—	1,518	9,174
Repurchased	—	—	(22,159)	(149,381)
Net decrease	—	—	(42,798)	($409,447)

Class R3 shares

Sold	19,104	$159,881	15,308	$101,575
Distributions reinvested	575	4,880	601	3,627
Repurchased	(4,616)	(39,303)	(12,221)	(106,986)
Net increase (decrease)	15,063	$125,458	3,688	($1,784)

Class R4 shares

Sold	7,436	$62,252	29,331	$192,923
Distributions reinvested	232	1,972	640	3,867
Repurchased	(39,035)	(330,978)	(3,056)	(20,000)
Net increase (decrease)	(31,367)	($266,754)	26,915	$176,790

Class R5 shares

Sold	8,910	$74,805	11,408	$78,765
Distributions reinvested	378	3,221	661	3,990
Repurchased	(16,945)	(143,951)	(1,080)	(6,920)
Net increase (decrease)	(7,657)	($65,925)	10,989	$75,835

Class 1 shares

Sold	6,694,818	$56,076,611	13,894,735	$91,138,785
Distributions reinvested	503,104	4,281,416	480,327	2,901,172
Repurchased	(59,137)	(484,812)	(133,787)	(864,726)
Net increase	7,138,785	$59,873,215	14,241,275	$93,175,231

Net increase	7,200,986	$60,372,575	14,486,484	$94,759,108


Lifecycle 2040 Portfolio
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class A shares

Sold	258,802	$2,160,564	307,579	$2,081,884
Issued in class	—	—	201,887	1,579,502
Distributions reinvested	9,078	77,167	4,650	28,038
Repurchased	(114,372)	(957,729)	(74,687)	(486,334)
Net increase	153,508	$1,280,002	439,429	$3,203,090


54	Lifecycle Portfolios \| Semiannual report


Lifecycle 2040 Portfolio (continued)
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class B shares

Sold	—	—	20,105	$126,508
Redeemed in class	—	—	(41,499)	(322,722)
Distributions reinvested	—	—	528	3,178
Repurchased	—	—	(4,740)	(34,298)
Net decrease	—	—	(25,606)	($227,334)

Class C shares

Sold	—	—	43,613	$267,683
Redeemed in class	—	—	(66,426)	(516,364)
Distributions reinvested	—	—	782	4,706
Repurchased	—	—	(2,802)	(17,490)
Net decrease	—	—	(24,833)	($261,465)

Class R shares

Sold	—	—	31,048	$205,810
Redeemed in class	—	—	(41,538)	(323,657)
Distributions reinvested	—	—	376	2,266
Repurchased	—	—	(4,823)	(32,106)
Net decrease	—	—	(14,937)	($147,687)

Class R1 shares

Sold	57,056	$475,840	36,395	$238,132
Issued in class	—	—	41,423	323,657
Distributions reinvested	1,204	10,222	597	3,598
Repurchased	(8,407)	(67,170)	(5,513)	(33,458)
Net increase	49,853	$418,892	72,902	$531,929

Class R2 shares

Sold	—	—	43,242	$280,858
Redeemed in class	—	—	(94,651)	(740,416)
Distributions reinvested	—	—	2,102	12,672
Repurchased	—	—	(25,467)	(173,260)
Net decrease	—	—	(74,774)	($620,146)

Class R3 shares

Sold	23,240	$194,096	79,740	$527,333
Distributions reinvested	2,197	18,626	3,824	23,022
Repurchased	(28,271)	(239,943)	(43,415)	(279,770)
Net increase (decrease)	(2,834)	($27,221)	40,149	$270,585

Class R4 shares

Sold	6,672	$55,174	13,824	$88,979
Distributions reinvested	79	671	648	3,908
Repurchased	(32,179)	(273,831)	(74)	(496)
Net increase (decrease)	(25,428)	($217,986)	14,398	$92,391

Class R5 shares

Sold	5,474	$45,380	19,850	$131,531
Distributions reinvested	1,133	9,643	2,475	14,951
Repurchased	(29,136)	(249,864)	(16,221)	(95,430)
Net increase (decrease)	(22,529)	($194,841)	6,104	$51,052

Class 1 shares

Sold	6,930,143	$58,037,194	13,144,771	$86,196,741
Distributions reinvested	523,731	4,456,951	559,163	3,371,754
Repurchased	(73,025)	(612,739)	(54,593)	(417,267)
Net increase	7,380,849	$61,881,406	13,649,341	$89,151,228

Net increase	7,533,419	$63,140,252	14,082,173	$92,043,643


	Semiannual report \| Lifecycle Portfolios	55


Lifecycle 2035 Portfolio
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class A shares

Sold	305,552	$2,539,789	366,112	$2,458,929
Issued in class	—	—	264,955	2,079,523
Distributions reinvested	11,497	97,951	8,529	51,600
Repurchased	(155,011)	(1,307,761)	(97,826)	(627,225)
Net increase	162,038	$1,329,979	541,770	$3,962,827

Class B shares

Sold	—	—	23,555	$146,705
Redeemed in class	—	—	(70,038)	(546,825)
Distributions reinvested	—	—	1,313	7,945
Repurchased	—	—	(13,027)	(81,697)
Net decrease	—	—	(58,197)	($473,872)

Class C shares

Sold	—	—	32,575	$211,238
Redeemed in class	—	—	(55,314)	(431,814)
Distributions reinvested	—	—	799	4,837
Repurchased	—	—	(12,472)	(76,564)
Net decrease	—	—	(34,412)	($292,303)

Class R shares

Sold	—	—	31,214	$206,628
Redeemed in class	—	—	(32,327)	(252,793)
Distributions reinvested	—	—	404	2,447
Repurchased	—	—	(7,579)	(50,054)
Net decrease	—	—	(8,288)	($93,772)

Class R1 shares

Sold	67,948	$569,159	47,818	$361,428
Issued in class	—	—	32,236	252,793
Distributions reinvested	1,208	10,295	534	3,229
Repurchased	(11,252)	(94,054)	(15,988)	(102,152)
Net increase	57,904	$485,400	64,600	$515,298

Class R2 shares

Sold	—	—	63,296	$419,564
Redeemed in class	—	—	(140,202)	(1,100,884)
Distributions reinvested	—	—	4,320	26,138
Repurchased	—	—	(71,182)	(460,363)
Net decrease	—	—	(143,768)	($1,115,545)

Class R3 shares

Sold	27,289	$230,585	28,944	$193,354
Distributions reinvested	1,046	8,911	993	6,009
Repurchased	(5,065)	(41,739)	(1,053)	(6,658)
Net increase	23,270	$197,757	28,884	$192,705

Class R4 shares

Sold	15,711	$131,561	15,000	$100,049
Distributions reinvested	234	2,000	438	2,656
Repurchased	(14,054)	(120,181)	(14,870)	(122,851)
Net increase (decrease)	1,891	$13,380	568	($20,146)

Class R5 shares

Sold	18,201	$154,413	15,553	$104,010
Distributions reinvested	767	6,551	758	4,591
Repurchased	(11,837)	(103,076)	(6,389)	(42,503)
Net increase	7,131	$57,888	9,922	$66,098

Class 1 shares

Sold	8,109,190	$68,234,150	17,516,859	$116,193,783
Distributions reinvested	718,013	6,131,834	834,103	5,054,667
Repurchased	(59,969)	(502,318)	(173,716)	(1,215,980)
Net increase	8,767,234	$73,863,666	18,177,246	$120,032,470

Net increase	9,019,468	$75,948,070	18,578,325	$122,773,760


56	Lifecycle Portfolios \| Semiannual report


Lifecycle 2030 Portfolio

	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class A shares

Sold	477,587	$3,964,944	517,759	$3,514,857
Issued in class	—	—	496,321	3,881,343
Distributions reinvested	19,967	169,321	14,663	88,422
Repurchased	(203,685)	(1,699,134)	(174,060)	(1,183,846)
Net increase	293,869	$2,435,131	854,683	$6,300,776

Class B shares

Sold	—	—	97,976	$670,934
Redeemed in class	—	—	(142,045)	(1,107,266)
Distributions reinvested	—	—	1,516	9,160
Repurchased	—	—	(12,470)	(93,808)
Net decrease	—	—	(55,023)	($520,980)

Class C shares

Sold	—	—	101,600	$690,300
Redeemed in class	—	—	(142,763)	(1,114,055)
Distributions reinvested	—	—	1,551	9,370
Repurchased	—	—	(11,889)	(86,715)
Net decrease	—	—	(51,501)	($501,100)

Class R shares

Sold	—	—	75,532	$500,822
Redeemed in class	—	—	(77,815)	(606,314)
Distributions reinvested	—	—	551	3,325
Repurchased	—	—	(22,361)	(176,204)
Net decrease	—	—	(24,093)	($278,371)

Class R1 shares

Sold	85,515	$718,667	59,596	$406,778
Issued in class	—	—	77,741	606,314
Distributions reinvested	2,364	19,999	1,912	11,513
Repurchased	(44,202)	(361,788)	(12,104)	(91,401)
Net increase	43,677	$376,878	127,145	$933,204

Class R2 shares

Sold	—	—	138,277	$956,649
Redeemed in class	—	—	(212,775)	(1,660,022)
Distributions reinvested	—	—	5,744	34,577
Repurchased	—	—	(71,156)	(462,320)
Net decrease	—	—	(139,910)	($1,131,116)

Class R3 shares

Sold	20,072	$168,447	35,638	$240,343
Distributions reinvested	1,244	10,528	1,847	11,121
Repurchased	(8,659)	(71,137)	(29,722)	(238,267)
Net increase	12,657	$107,838	7,763	$13,197

Class R4 shares

Sold	20,826	$170,809	33,652	$213,678
Distributions reinvested	125	1,052	1,064	6,406
Repurchased	(56,263)	(478,323)	(334)	(1,826)
Net increase (decrease)	(35,312)	($306,462)	34,382	$218,258

Class R5 shares

Sold	8,165	$67,987	52,792	$333,340
Distributions reinvested	2,112	17,844	3,960	23,761
Repurchased	(40,609)	(337,609)	(35,278)	(232,575)
Net increase (decrease)	(30,332)	($251,778)	21,474	$124,526

Class 1 shares

Sold	11,484,139	$95,612,062	21,292,383	$139,783,901
Distributions reinvested	960,006	8,112,052	1,115,358	6,692,147
Repurchased	(81,889)	(670,772)	(138,463)	(897,765)
Net increase	12,362,256	$103,053,342	22,269,278	$145,578,283

Net increase	12,646,815	$105,414,949	23,044,198	$150,736,677


	Semiannual report \| Lifecycle Portfolios	57


Lifecycle 2025 Portfolio
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class A shares

Sold	587,701	$4,926,924	546,527	$3,715,152
Issued in class	—	—	394,887	3,126,927
Distributions reinvested	24,161	206,578	17,730	108,862
Repurchased	(221,170)	(1,870,096)	(138,705)	(931,494)
Net increase	390,692	$3,263,406	820,439	$6,019,447

Class B shares

Sold	—	—	66,594	$424,209
Redeemed in class	—	—	(129,323)	(1,020,540)
Distributions reinvested	—	—	2,030	12,487
Repurchased	—	—	(9,291)	(59,775)
Net decrease	—	—	(69,990)	($643,619)

Class C shares

Sold	—	—	50,775	$355,007
Redeemed in class	—	—	(105,394)	(831,711)
Distributions reinvested	—	—	2,235	13,748
Repurchased	—	—	(19,653)	(130,661)
Net decrease	—	—	(72,037)	($593,617)

Class R shares

Sold	—	—	57,997	$397,066
Redeemed in class	—	—	(64,033)	(505,063)
Distributions reinvested	—	—	655	4,021
Repurchased	—	—	(9,375)	(61,014)
Net decrease	—	—	(14,756)	($164,990)

Class R1 shares

Sold	81,387	$670,775	81,791	$586,872
Issued in class	—	—	63,986	505,063
Distributions reinvested	2,426	20,696	1,245	7,634
Repurchased	(43,316)	(361,327)	(24,434)	(156,018)
Net increase	40,497	$330,144	122,588	$943,551

Class R2 shares

Sold	—	—	73,262	$487,756
Redeemed in class	—	—	(161,546)	(1,274,676)
Distributions reinvested	—	—	4,816	29,476
Repurchased	—	—	(95,137)	(673,953)
Net decrease	—	—	(178,605)	($1,431,397)

Class R3 shares

Sold	28,328	$238,368	161,475	$1,015,788
Distributions reinvested	1,861	15,873	2,262	13,867
Repurchased	(80,788)	(675,351)	(35,703)	(214,461)
Net increase (decrease)	(50,599)	($421,110)	128,034	$815,194

Class R4 shares

Sold	29,644	$246,296	22,725	$153,992
Distributions reinvested	599	5,107	621	3,803
Repurchased	(25,369)	(217,529)	(11,951)	(106,001)
Net increase	4,874	$33,874	11,395	$51,794

Class R5 shares

Sold	35,135	$299,760	35,934	$227,122
Distributions reinvested	1,621	13,808	1,414	8,641
Repurchased	(3,240)	(27,509)	(24,077)	(159,502)
Net increase	33,516	$286,059	13,271	$76,261

Class 1 shares

Sold	12,144,943	$102,415,900	24,268,616	$164,106,191
Distributions reinvested	1,302,324	11,095,804	1,620,343	9,900,298
Repurchased	(322,520)	(2,710,418)	(622,833)	(4,316,869)
Net increase	13,124,747	$110,801,286	25,266,126	$169,689,620

Net increase	13,543,727	$114,293,659	26,026,465	$174,762,244


58	Lifecycle Portfolios \| Semiannual report


Lifecycle 2020 Portfolio
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class A shares

Sold	506,488	$4,335,746	843,398	$5,840,412
Issued in class	—	—	567,982	4,597,659
Distributions reinvested	36,016	313,343	24,115	152,168
Repurchased	(321,400)	(2,794,114)	(257,578)	(1,776,958)
Net increase	221,104	$1,854,975	1,177,917	$8,813,281

Class B shares

Sold	—	—	89,162	$596,442
Redeemed in class	—	—	(194,540)	(1,572,500)
Distributions reinvested	—	—	4,351	27,498
Repurchased	—	—	(32,084)	(236,191)
Net decrease	—	—	(133,111)	($1,184,751)

Class C shares

Sold	—	—	111,994	$801,109
Redeemed in class	—	—	(170,215)	(1,374,827)
Distributions reinvested	—	—	3,553	22,452
Repurchased	—	—	(63,252)	(451,361)
Net decrease	—	—	(117,920)	($1,002,627)

Class R shares

Sold	—	—	46,005	$302,437
Redeemed in class	—	—	(49,389)	(398,486)
Distributions reinvested	—	—	1,038	6,550
Repurchased	—	—	(19,700)	(127,322)
Net decrease	—	—	(22,046)	($216,821)

Class R1 shares

Sold	109,411	$948,938	147,687	$1,170,558
Issued in class	—	—	49,324	398,486
Distributions reinvested	4,412	38,336	3,791	23,881
Repurchased	(50,305)	(438,125)	(18,534)	(121,897)
Net increase	63,518	$549,149	182,268	$1,471,028

Class R2 shares

Sold	—	—	158,681	$1,104,503
Redeemed in class	—	—	(204,215)	(1,650,332)
Distributions reinvested	—	—	7,295	45,961
Repurchased	—	—	(119,590)	(847,189)
Net decrease	—	—	(157,829)	($1,347,057)

Class R3 shares

Sold	25,834	$221,058	42,845	$295,131
Distributions reinvested	2,315	20,120	4,425	27,878
Repurchased	(6,266)	(53,638)	(21,774)	(141,477)
Net increase	21,883	$187,540	25,496	$181,532

Class R4 shares

Sold	8,726	$72,911	16,780	$115,799
Distributions reinvested	218	1,886	796	5,017
Repurchased	(29,545)	(257,364)	(232)	(1,537)
Net increase (decrease)	(20,601)	($182,567)	17,344	$119,279

Class R5 shares

Sold	7,931	$68,308	16,798	$115,596
Distributions reinvested	2,468	21,424	4,154	26,127
Repurchased	(3,413)	(29,785)	(5,257)	(30,146)
Net increase	6,986	$59,947	15,695	$111,577

Class 1 shares

Sold	11,965,972	$102,887,069	22,631,842	$156,559,554
Distributions reinvested	1,447,738	12,566,363	1,791,509	11,268,593
Repurchased	(434,311)	(3,707,713)	(833,821)	(5,768,240)
Net increase	12,979,399	$111,745,719	23,589,530	$162,059,907

Net increase	13,272,289	$114,214,763	24,577,344	$169,005,348


	Semiannual report \| Lifecycle Portfolios	59


Lifecycle 2015 Portfolio
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class A shares

Sold	468,993	$4,068,552	496,481	$3,592,049
Issued in class	—	—	460,316	3,769,840
Distributions reinvested	32,236	280,452	20,774	133,990
Repurchased	(224,049)	(1,942,055)	(212,468)	(1,467,009)
Net increase	277,180	$2,406,949	765,103	$6,028,870

Class B shares

Sold	—	—	45,711	$308,201
Redeemed in class	—	—	(129,739)	(1,060,260)
Distributions reinvested	—	—	4,076	26,402
Repurchased	—	—	(13,948)	(96,432)
Net decrease	—	—	(93,900)	($822,089)

Class C shares

Sold	—	—	117,378	$838,380
Redeemed in class	—	—	(147,565)	(1,205,250)
Distributions reinvested	—	—	4,146	26,826
Repurchased	—	—	(53,252)	(353,757)
Net decrease	—	—	(79,293)	($693,801)

Class R shares

Sold	—	—	54,171	$363,720
Redeemed in class	—	—	(51,647)	(421,825)
Distributions reinvested	—	—	846	5,465
Repurchased	—	—	(20,997)	(140,771)
Net decrease	—	—	(17,627)	($193,411)

Class R1 shares

Sold	31,332	$270,175	40,523	$286,908
Issued in class	—	—	51,584	421,825
Distributions reinvested	2,544	22,131	1,140	7,367
Repurchased	(1,323)	(11,273)	(21,359)	(151,325)
Net increase	32,553	$281,033	71,888	$564,775

Class R2 shares

Sold	—	—	188,699	$1,321,711
Redeemed in class	—	—	(184,129)	(1,504,330)
Distributions reinvested	—	—	7,027	45,326
Repurchased	—	—	(136,323)	(949,176)
Net decrease	—	—	(124,726)	($1,086,469)

Class R3 shares

Sold	67,246	$579,461	57,679	$408,695
Distributions reinvested	3,928	34,136	3,473	22,438
Repurchased	(7,421)	(62,740)	(39,547)	(263,835)
Net increase	63,753	$550,857	21,605	$167,298

Class R4 shares

Sold	7,065	$59,475	27,727	$195,515
Distributions reinvested	117	1,014	1,311	8,458
Repurchased	(45,881)	(403,077)	(3,377)	(23,477)
Net increase (decrease)	(38,699)	($342,588)	25,661	$180,496

Class R5 shares

Sold	10,057	$88,349	8,051	$59,632
Distributions reinvested	601	5,222	2,734	17,607
Repurchased	(2,184)	(19,104)	(46,068)	(289,507)
Net increase (decrease)	8,474	$74,467	(35,283)	($212,268)

Class 1 shares

Sold	7,475,247	$64,755,587	14,997,929	$106,432,784
Distributions reinvested	1,259,384	10,944,047	1,611,108	10,375,537
Repurchased	(798,222)	(6,915,910)	(1,640,803)	(11,608,029)
Net increase	7,936,409	$68,783,724	14,968,234	$105,200,292

Net increase	8,279,670	$71,754,442	15,501,662	$109,133,693


60	Lifecycle Portfolios \| Semiannual report


Lifecycle 2010 Portfolio
	Six months ended 2-28-10			Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class A shares

Sold	341,704	$3,011,367	292,785	$2,223,749
Issued in class	—	—	289,387	2,428,586
Distributions reinvested	17,738	158,050	15,125	101,640
Repurchased	(123,318)	(1,092,091)	(136,259)	(940,575)
Net increase	236,124	$2,077,326	461,038	$3,813,400

Class B shares

Sold	—	—	22,919	$163,095
Redeemed in class	—	—	(39,224)	(328,622)
Distributions reinvested	—	—	1,266	8,530
Repurchased	—	—	(8,127)	(60,309)
Net decrease	—	—	(23,166)	($217,306)

Class C shares

Sold	—	—	75,643	$534,756
Redeemed in class	—	—	(154,022)	(1,291,223)
Distributions reinvested	—	—	3,652	24,615
Repurchased	—	—	(27,255)	(207,624)
Net decrease	—	—	(101,982)	($939,476)

Class R shares

Sold	—	—	6,771	$47,094
Redeemed in class	—	—	(17,574)	(147,035)
Distributions reinvested	—	—	551	3,703
Repurchased	—	—	(272)	(2,275)
Net decrease	—	—	(10,524)	($98,513)

Class R1 shares

Sold	33,794	$292,619	4,910	$35,868
Issued in class	—	—	17,555	147,035
Distributions reinvested	1,166	10,364	772	5,188
Repurchased	(3,178)	(27,416)	(2,129)	(14,370)
Net increase	31,782	$275,567	21,108	$173,721

Class R2 shares

Sold	—	—	33,248	$245,028
Redeemed in class	—	—	(96,489)	(808,741)
Distributions reinvested	—	—	6,716	45,062
Repurchased	—	—	(178,344)	(1,417,832)
Net decrease	—	—	(234,869)	($1,936,483)

Class R3 shares

Sold	36,904	$324,029	66,834	$531,367
Distributions reinvested	2,666	23,726	4,911	33,000
Repurchased	(45,241)	(389,713)	(3,423)	(23,484)
Net increase (decrease)	(5,671)	($41,958)	68,322	$540,883

Class R4 shares

Sold	1,237	$10,611	5,894	$43,791
Distributions reinvested	186	1,655	704	4,721
Repurchased	(7,450)	(66,719)	(13,926)	(122,010)
Net decrease	(6,027)	($54,453)	(7,328)	($73,498)

Class R5 shares

Sold	5,606	$50,431	8,201	$64,370
Distributions reinvested	613	5,447	1,120	7,502
Repurchased	(9,734)	(86,847)	(35,976)	(287,506)
Net decrease	(3,515)	($30,969)	(26,655)	($215,634)

Class 1 shares

Sold	35,122,170	$312,853,483	6,471,288	$47,546,820
Distributions reinvested	1,280,813	11,386,428	942,312	6,322,912
Repurchased	(4,884,267)	(43,372,690)	(1,898,895)	(13,768,484)
Net increase	31,518,716	$280,867,221	5,514,705	$40,101,248

Net increase	31,771,409	$283,092,734	5,660,649	$41,148,342


	Semiannual report \| Lifecycle Portfolios	61

Note 6 — Purchase and sale of securities

The following summarizes the purchases and sales of the affiliated underlying funds for the six months ended February 28, 2010:


	Purchases		Sales and Maturities

	U.S.	Other	U.S.	Other
Portfolio	Government	Issuers	Government	Issuers


Lifecycle 2045	—	$70,143,534	—	$9,908,471
Lifecycle 2040	—	73,433,335	—	10,437,616
Lifecycle 2035	—	89,818,411	—	14,052,284
Lifecycle 2030	—	127,921,371	—	22,776,118
Lifecycle 2025	—	149,387,177	—	35,855,083
Lifecycle 2020	—	160,352,619	—	47,540,319
Lifecycle 2015	—	118,195,004	—	48,257,168
Lifecycle 2010	—	373,686,170	—	91,629,087

Note 7 — Investment in affiliated underlying funds

The Portfolios invest primarily in affiliated underlying funds that are managed by the Adviser and affiliates. The Portfolios do not invest in the affiliated underlying funds for the purpose of exercising management or control; however, the Portfolios’ investments may represent a significant portion of each underlying fund’s net assets. For the six months ended February 28, 2010, the following Portfolios held 5% or more of an underlying funds’ net assets:


Portfolio	Affiliate-Class NAV	Percent of Underlying
		Funds’ Net Assets


Lifecycle 2045	International Equity Index	6.77%
	Small Cap Index	5.14%
Lifecycle 2040	International Equity Index	7.08%
	Small Cap Index	5.38%
Lifecycle 2035	International Equity Index	9.44%
	Small Cap Index	7.17%
Lifecycle 2030	Index 500	5.58%
	International Equity Index	11.78%
	Small Cap Index	8.40%
	Small Cap Value	5.10%
Lifecycle 2025	Index 500	6.67%
	International Equity Index	13.57%
	Small Cap Index	6.00%
Lifecycle 2020	Index 500	6.33%
	International Equity Index	11.07%
	Small Cap Index	5.41%
Lifecycle 2015	Small Cap Index	5.09%
	Total Bond Market	5.36%
Lifecycle 2010	International Equity Index	5.27%
	Small Cap Index	8.71%
	Total Bond Market	10.27%


62	Lifecycle Portfolios \| Semiannual report

More information


Trustees	Investment adviser
James M. Oates, Chairman	John Hancock Investment Management Services,LLC
James R. Boyle†
Grace K. Fey†	Investment Subadviser
Charles L. Bardelis*	MFC Global Investment Management
Peter S. Burgess*	(U.S.A.), Limited
Theron S. Hoffman
Hassell H. McClellan	Principal distributor
Steven M. Roberts*	John Hancock Funds, LLC
*Member of the Audit Committee
†Non-Independent Trustee	Custodian
	State Street Bank and Trust Company
Officers
Hugh McHaffie	Transfer agent
President	John Hancock Signature Services, Inc.

Thomas M. Kinzler	Legal counsel
Secretary and Chief Legal Officer	K&L Gates LLP

Francis V. Knox, Jr.	The report is certified under the Sarbanes-Oxley Act, which
Chief Compliance Officer	requires mutual funds and other public companies to affirm
	that, to the best of their knowledge, the information in
Charles A. Rizzo	their financial reports is fairly and accurately stated in all
Chief Financial Officer	material respects.

Michael J. Leary
Treasurer

John G. Vrysen
Chief Operating Officer

The Portfolio’s proxy voting policies and procedures, as well as the Portfolio’s proxy voting record, if any, for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) Web site at www.sec.gov or on our Web site.

The Portfolio’s complete list of portfolio holdings, for the first and third fiscal quarters, is filed with the SEC on FormN-Q. The Portfolio’s Form N-Q is available on our Web site and the SEC’s Web site, www.sec.gov, and can be reviewed and copied (for a fee) at the SEC’s Public Reference Room in Washington, DC. Call 1-800-SEC-0330 toreceive information on the operation of the SEC’s Public Reference Room.

We make this information on your fund, as well as monthly portfolio holdings, and other fund details available on our Web site www.jhfunds.com or by calling 1-800-225-5291.


You can also contact us:
1-800-225-5291	Regular mail:	Express mail:
jhfunds.com	John Hancock Signature Services, Inc.	John Hancock Signature Services, Inc.
	P.O. Box 55913	Mutual Fund Image Operations
	Boston, MA 02205-5913	30 Dan Road
		Canton, MA 02021


	Lifecycle Portfolios \| Semiannual report	63

1-800-225-5291
1-800-554-6713 TDD
1-800-338-8080 EASI-Line
www.jhfunds.com

Now available: electronic delivery

www.jhfunds.com/edelivery


This report is for the information of the shareholders of John Hancock Lifecycle Portfolios.
It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.	LC0SA 2/10
	4/10

John Hancock Funds II

Semiannual Report — Table of Contents


Sector Weightings	3
Shareholder Expense Example	9
Portfolio of Investments (See below for each Fund’s page #)	15
Statements of Assets and Liabilities	280
Statements of Operations	295
Statements of Changes in Net Assets	310
Financial Highlights	320
Notes to Financial Statements	335
Evaluation of Advisory and Subadvisory Agreements by the Board of Trustees	408
Appendix A	410
For More Information	411


	Portfolio of		Portfolio of
Fund	Investments	Fund	Investments
Active Bond Fund	15	Investment Quality Bond Fund	138
All Cap Core Fund	30	Large Cap Fund	148
All Cap Growth Fund	34	Large Cap Value Fund	149
All Cap Value Fund	35	Mid Cap Index Fund	151
Alpha Opportunities Fund	37	Mid Cap Stock Fund	156
Alternative Asset Allocation Fund	41	Mid Cap Value Equity Fund	157
Blue Chip Growth Fund	41	Mid Value Fund	159
Capital Appreciation Fund	43	Optimized Value Fund	162
Core Bond Fund	45	Real Estate Equity Fund	163
Core Diversified Growth & Income Portfolio	52	Real Estate Securities Fund	164
Core Fundamental Holdings Portfolio	52	Real Return Bond Fund	165
Core Global Diversification Portfolio	52	Short Term Government Income Fund	168
Emerging Markets Debt Fund	52	Small Cap Growth Fund	169
Emerging Markets Value Fund	54	Small Cap Index Fund	171
Equity-Income Fund	66	Small Cap Opportunities Fund	186
Fundamental Value Fund	69	Small Cap Value Fund	197
Global Agribusiness Fund	70	Small Company Growth Fund	198
Global Bond Fund	71	Small Company Value Fund	200
Global Infrastructure Fund	78	Smaller Company Growth Fund	203
Global Real Estate Fund	79	Spectrum Income Fund	213
Global Timber Fund	80	Strategic Bond Fund	240
High Income Fund	81	Total Bond Market Fund	247
High Yield Fund	85	Total Return Fund	256
Index 500 Fund	92	U.S. Government Securities Fund	263
International Equity Index Fund	98	U.S. High Yield Bond Fund	265
International Opportunities Fund	114	U.S. Multi Sector Fund	270
International Small Cap Fund	115	Value & Restructuring Fund	274
International Small Company Fund	116	Value Fund	276
International Value Fund	137	Vista Fund	277

John Hancock Funds II

Sector Weightings


Active Bond Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Mortgage Securities	31.55
Financials	22.76
Government	11.75
Energy	6.39
Communications	4.86
Consumer, Non-cyclical	4.81
Utilities	4.56
Consumer, Cyclical	3.17
Industrials	2.77
Asset Backed Securities	2.31
Basic Materials	1.70
Technology	0.22
Short-Term Investments &
Net Other Assets	3.15

All Cap Core Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	18.39
Financials	15.16
Health Care	13.11
Consumer Discretionary	12.19
Consumer Staples	10.01
Industrials	9.93
Energy	9.40
Materials	4.35
Utilities	2.77
Telecommunication Services	2.46
Short-Term Investments &
Net Other Assets	2.23

All Cap Growth Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	36.78
Health Care	19.97
Consumer Discretionary	15.95
Energy	7.49
Financials	7.13
Industrials	5.22
Consumer Staples	5.00
Materials	1.44
Short-Term Investments &
Net Other Assets	1.02


All Cap Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Health Care	20.72
Financials	17.76
Energy	15.64
Industrials	13.25
Information Technology	13.12
Consumer Discretionary	10.94
Materials	4.90
Consumer Staples	1.64
Utilities	0.88
Short-Term Investments &
Net Other Assets	1.15

Alpha Opportunities Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	19.31
Consumer Discretionary	16.14
Industrials	14.45
Financials	14.05
Health Care	12.83
Energy	7.47
Materials	5.16
Consumer Staples	4.53
Telecommunication Services	0.68
Utilities	0.36
Short-Term Investments &
Net Other Assets	5.02

Alternative Asset Allocation Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets


Equity

Real Estate	17.23
Emerging Markets	12.93
Exchange Traded Funds	8.49
International Small Cap	7.96
Natural Resources	5.83
Fixed Income

Bank Loan	13.02
Treasury Inflation-Protected
Securities	13.02
Global Bond	11.19
High Yield Bond	8.02
Net Other Assets	2.31


Blue Chip Growth Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	31.76
Consumer Discretionary	17.43
Financials	14.89
Health Care	14.28
Industrials	8.66
Energy	6.23
Consumer Staples	2.25
Materials	2.02
Telecommunication Services	1.81
Short-Term Investments &
Net Other Assets	0.67

Capital Appreciation Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	36.27
Health Care	19.11
Consumer Discretionary	15.53
Energy	7.39
Financials	6.92
Industrials	5.11
Consumer Staples	4.87
Materials	1.40
Short-Term Investments &
Net Other Assets	3.40

Core Bond Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Mortgage Securities	61.58
Government	21.25
Financials	8.56
Asset Backed Securities	6.03
Communications	3.52
Energy	3.18
Consumer, Non-cyclical	2.65
Utilities	2.08
Basic Materials	1.24
Diversified	0.44
Technology	0.43
Short-Term Investments &
Net Other Assets	(10.96)

John Hancock Funds II

Sector Weightings


Core Diversified Growth &
Income Portfolio
	Value as a
	percentage of
Sector Distribution	Fund’s net assets


Equity

U.S. Large Cap	31.72
Large Value	16.21
Energy	8.10
International Large Cap	4.41
International	3.62
International Mid Cap	3.01
Diversified	3.00
Fixed Income

Government	18.01
Intermediate Bond	12.01
Net Other Assets	(0.09)

Core Fundamental Holdings Portfolio
	Value as a
	percentage of
Sector Distribution	Fund’s net assets


Equity

U.S. Large Cap	25.90
Large Value	14.12
International	7.81
Energy	7.06
International Large Cap	5.21
Fixed Income

Government	24.04
Intermediate Bond	16.03
Net Other Assets	(0.17)

Core Global Diversification Portfolio
	Value as a
	percentage of
Sector Distribution	Fund’s net assets


Equity

International	18.62
International Large Cap	17.02
U.S. Large Cap	9.01
Diversified	6.91
International Mid Cap	6.91
Large Value	6.61
Fixed Income

Government	21.00
Intermediate Bond	14.01
Net Other Assets	(0.09)


Emerging Markets Debt Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Government	39.61
Communications	14.27
Financials	8.48
Energy	8.14
Consumer, Non-cyclical	6.25
Consumer, Cyclical	5.93
Industrials	3.41
Basic Materials	1.91
Utilities	1.72
Diversified	1.67
Short-Term Investments &
Net Other Assets	8.61

Emerging Markets Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	31.70
Materials	19.16
Industrials	12.99
Consumer Discretionary	9.98
Information Technology	8.26
Energy	6.79
Consumer Staples	5.29
Telecommunication Services	1.71
Utilities	1.52
Health Care	0.97
Short-Term Investments &
Net Other Assets	1.63

Equity Income Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	20.58
Consumer Discretionary	15.33
Industrials	13.44
Energy	13.15
Utilities	7.55
Information Technology	6.01
Materials	5.87
Health Care	4.83
Telecommunication Services	3.98
Consumer Staples	3.76
Short-Term Investments &
Net Other Assets	5.50


Fundamental Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	29.58
Energy	15.71
Consumer Staples	14.03
Health Care	10.41
Information Technology	7.87
Consumer Discretionary	7.20
Materials	6.05
Industrials	5.60
Short-Term Investments &
Net Other Assets	3.55

Global Agribusiness Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Consumer Staples	53.41
Materials	41.43
Industrials	2.60
Short-Term Investments &
Net Other Assets	2.56

Global Bond Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Government	45.98
Financials	29.38
Mortgage Securities	12.51
Asset Backed Securities	1.58
Communications	1.15
Consumer, Cyclical	1.03
Industrials	0.87
Consumer, Non-cyclical	0.63
Basic Materials	0.54
Technology	0.29
Utilities	0.29
Energy	0.29
Short-Term Investments &
Net Other Assets	5.46

Global Infrastructure Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Utilities	37.27
Telecommunication Services	25.95
Energy	18.87
Industrials	15.71
Consumer Discretionary	0.97
Health Care	0.38
Short-Term Investments &
Net Other Assets	0.85

John Hancock Funds II

Sector Weightings


Global Real Estate Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	98.16
Consumer Discretionary	0.21
Industrials	0.17
Short-Term Investments &
Net Other Assets	1.46

Global Timber Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Materials	84.54
Financials	15.34
Short-Term Investments &
Net Other Assets	0.12

High Income Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Consumer, Cyclical	50.01
Communications	27.14
Basic Materials	6.50
Financials	5.14
Consumer, Non-cyclical	1.84
Utilities	1.75
Industrials	1.40
Asset Backed Securities	1.23
Energy	0.45
Mortgage Securities	0.32
Short-Term Investments &
Net Other Assets	4.22

High Yield Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	17.00
Communications	14.30
Energy	12.69
Consumer, Cyclical	12.31
Consumer, Non-cyclical	11.70
Basic Materials	10.31
Industrials	7.13
Utilities	5.26
Government	4.18
Short-Term Investments &
Net Other Assets	3.94


Index 500 Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	18.07
Financials	15.38
Health Care	12.15
Consumer Staples	11.22
Energy	10.77
Industrials	9.90
Consumer Discretionary	9.55
Utilities	3.37
Materials	3.29
Telecommunication Services	2.72
Short-Term Investments &
Net Other Assets	3.58

International Equity Index Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	24.20
Materials	10.97
Energy	10.50
Industrials	9.64
Consumer Staples	8.26
Consumer Discretionary	7.88
Information Technology	6.37
Health Care	6.32
Telecommunication Services	5.93
Utilities	4.67
Short-Term Investments &
Net Other Assets	5.26

International Opportunities Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Consumer Discretionary	17.09
Financials	16.17
Consumer Staples	11.87
Health Care	10.59
Information Technology	10.39
Materials	9.13
Industrials	8.66
Energy	5.41
Telecommunication Services	2.98
Short-Term Investments &
Net Other Assets	7.71


International Small Cap Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Consumer Discretionary	30.23
Industrials	18.27
Financials	18.20
Information Technology	10.70
Materials	5.67
Consumer Staples	4.55
Health Care	3.26
Energy	2.17
Telecommunication Services	1.08
Short-Term Investments &
Net Other Assets	5.87

International Small Company Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Industrials	25.15
Consumer Discretionary	18.92
Materials	12.46
Financials	11.92
Information Technology	9.16
Health Care	6.49
Energy	6.45
Consumer Staples	6.34
Utilities	1.62
Telecommunication Services	0.88
Short-Term Investments &
Net Other Assets	0.61

International Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	14.76
Information Technology	14.46
Telecommunication Services	13.01
Consumer Discretionary	12.65
Industrials	12.50
Energy	9.61
Health Care	8.82
Consumer Staples	2.85
Utilities	2.52
Materials	0.57
Short-Term Investments &
Net Other Assets	8.25

John Hancock Funds II

Sector Weightings


Investment Quality Bond Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Government	31.55
Financials	21.37
Mortgage Securities	10.49
Communications	8.30
Consumer, Non-cyclical	6.76
Utilities	5.13
Energy	2.97
Consumer, Cyclical	1.68
Basic Materials	1.63
Industrials	0.91
Technology	0.67
Asset Backed Securities	0.63
Short-Term Investments &
Net Other Assets	7.91

Large Cap Fund

	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	16.39
Health Care	13.55
Financials	14.52
Consumer Discretionary	12.77
Energy	12.30
Industrials	11.78
Consumer Staples	7.46
Utilities	5.27
Materials	2.23
Telecommunication Services	1.99
Short-Term Investments &
Net Other Assets	1.74

Large Cap Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Energy	20.85
Health Care	16.86
Industrials	13.79
Financials	12.45
Materials	10.43
Utilities	6.92
Information Technology	5.20
Consumer Staples	4.89
Consumer Discretionary	3.73
Telecommunication Services	3.46
Short-Term Investments &
Net Other Assets	1.42


Mid Cap Index Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	18.99
Information Technology	14.44
Consumer Discretionary	13.98
Industrials	13.90
Health Care	12.09
Energy	6.49
Utilities	6.24
Materials	6.21
Consumer Staples	3.91
Telecommunication Services	0.75
Short-Term Investments &
Net Other Assets	3.00

Mid Cap Stock Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	29.62
Consumer Discretionary	22.77
Industrials	14.55
Health Care	12.39
Materials	5.32
Financials	5.12
Energy	4.16
Consumer Staples	1.34
Telecommunication Services	0.97
Short-Term Investments &
Net Other Assets	3.76

Mid Cap Value Equity Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Industrials	19.35
Financials	18.21
Consumer Discretionary	10.15
Information Technology	10.08
Materials	8.94
Energy	8.67
Health Care	8.27
Utilities	6.31
Telecommunication Services	3.84
Consumer Staples	2.71
Short-Term Investments &
Net Other Assets	3.47


Mid Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	19.17
Consumer Discretionary	16.73
Industrials	9.28
Consumer Staples	9.06
Energy	8.56
Information Technology	8.17
Utilities	8.17
Materials	6.15
Health Care	6.05
Telecommunication Services	1.12
Short-Term Investments &
Net Other Assets	7.54

Optimized Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	28.10
Energy	18.95
Consumer Discretionary	13.00
Information Technology	9.31
Health Care	7.25
Industrials	6.31
Telecommunication Services	5.12
Consumer Staples	4.97
Utilities	3.34
Materials	2.61
Short-Term Investments &
Net Other Assets	1.04

Real Estate Equity Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	93.50
Consumer Discretionary	4.18
Short-Term Investments &
Net Other Assets	2.32

Real Estate Securities Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	98.90
Short-Term Investments &
Net Other Assets	1.10

John Hancock Funds II

Sector Weightings


Real Return Bond Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Government	84.75
Financials	10.22
Mortgage Securities	6.71
Asset Backed Securities	1.77
Energy	0.86
Consumer, Cyclical	0.16
Consumer, Non-cyclical	0.14
Basic Materials	0.08
Short-Term Investments &
Net Other Assets	(4.67)

Short Term Government Income Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Government	65.15
Mortgage Securities	21.05
Utilities	6.73
Financials	4.95
Short-Term Investments &
Net Other Assets	2.12

Small Cap Growth Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Health Care	24.00
Information Technology	23.45
Consumer Discretionary	20.22
Industrials	16.75
Energy	3.33
Financials	3.07
Consumer Staples	2.99
Telecommunication Services	1.57
Materials	1.22
Short-Term Investments &
Net Other Assets	3.40

Small Cap Index Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	20.29
Information Technology	17.57
Industrials	14.76
Consumer Discretionary	13.98
Health Care	13.72
Energy	5.07
Materials	4.37
Consumer Staples	3.39
Utilities	2.99
Telecommunication Services	0.87
Short-Term Investments &
Net Other Assets	2.99


Small Cap Opportunities Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	18.69
Consumer Discretionary	18.13
Industrials	17.58
Information Technology	16.00
Health Care	9.98
Energy	8.04
Materials	5.89
Consumer Staples	3.14
Utilities	1.15
Telecommunication Services	1.14
Short-Term Investments &
Net Other Assets	0.26

Small Cap Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	22.87
Industrials	19.55
Consumer Discretionary	16.97
Information Technology	9.70
Health Care	7.60
Utilities	5.39
Materials	5.12
Energy	5.09
Consumer Staples	4.80
Short-Term Investments &
Net Other Assets	2.91

Small Company Growth Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	27.53
Health Care	19.37
Consumer Discretionary	16.59
Industrials	12.70
Financials	7.94
Energy	6.34
Materials	2.73
Consumer Staples	1.72
Telecommunication Services	1.13
Utilities	0.97
Short-Term Investments &
Net Other Assets	2.98


Small Company Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Industrials	24.32
Financials	22.69
Consumer Discretionary	11.79
Information Technology	9.91
Materials	8.65
Energy	7.40
Health Care	6.47
Utilities	3.70
Consumer Staples	1.78
Telecommunication Services	0.52
Short-Term Investments &
Net Other Assets	2.77

Smaller Company Growth Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	19.43
Industrials	18.61
Consumer Discretionary	16.15
Health Care	15.06
Financials	10.21
Energy	7.89
Materials	4.59
Telecommunication Services	3.74
Consumer Staples	1.81
Utilities	0.28
Short-Term Investments &
Net Other Assets	2.23

Spectrum Income Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Mortgage Securities	20.39
Government	16.58
Financials	15.29
Communications	8.78
Energy	6.60
Consumer, Non-cyclical	5.89
Consumer, Cyclical	5.65
Industrials	4.86
Basic Materials	3.74
Utilities	3.31
Asset Backed Securities	2.27
Technology	1.91
Short-Term Investments &
Net Other Assets	4.73

John Hancock Funds II

Sector Weightings


Strategic Bond Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Mortgage Securities	25.53
Government	20.80
Financials	13.68
Energy	7.77
Communications	7.19
Asset Back Securities	6.90
Consumer, Non-cyclical	5.31
Consumer, Cyclical	4.56
Basic Materials	2.37
Utilities	1.96
Industrials	1.61
Technology	0.49
Short-Term Investments &
Net Other Assets	1.83

Total Bond Market Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Mortgage Securities	44.06
Government	33.71
Financials	8.09
Communications	2.50
Consumer, Non-cyclical	2.41
Energy	2.03
Utilities	1.68
Industrials	1.29
Consumer, Cyclical	0.62
Basic Materials	0.60
Technology	0.45
Asset Backed Securities	0.25
Short-Term Investments &
Net Other Assets	2.31

Total Return Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Government	25.37
Financials	23.00
Mortgage Securities	22.46
Asset Backed Securities	2.11
Consumer, Non-cyclical	1.61
Communications	0.96
Energy	0.53
Basic Materials	0.44
Technology	0.25
Industrials	0.24
Consumer, Cyclical	0.01
Short-Term Investments &
Net Other Assets	23.03


U.S. Government Securities Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Mortgage Securities	30.01
Government	19.65
Asset Backed Securities	4.51
Short-Term Investments &
Net Other Assets	45.83

U.S. High Yield Bond Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Communications	21.45
Consumer, Non-cyclical	19.34
Consumer, Cyclical	15.21
Financials	12.42
Energy	8.07
Utilities	7.14
Technology	5.78
Industrials	4.53
Basic Materials	2.38
Asset Backed Securities	0.14
Short-Term Investments &
Net Other Assets	3.54

U.S. Multi Sector Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	29.06
Health Care	23.46
Consumer Staples	19.87
Energy	8.57
Consumer Discretionary	4.64
Financials	3.31
Industrials	2.74
Telecommunication Services	1.31
Materials	1.26
Utilities	0.14
Short-Term Investments &
Net Other Assets	5.64

Value Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Financials	20.87
Industrials	16.69
Information Technology	11.61
Health Care	10.18
Consumer Discretionary	8.07
Materials	7.13
Energy	6.98
Utilities	6.64
Consumer Staples	6.50
Short-Term Investments &
Net Other Assets	5.33


Value & Restructuring Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Energy	23.85
Financials	16.33
Industrials	15.15
Materials	12.66
Information Technology	7.56
Consumer Staples	6.43
Consumer Discretionary	6.03
Health Care	5.64
Telecommunication Services	3.96
Utilities	0.49
Short-Term Investments &
Net Other Assets	1.90

Vista Fund
	Value as a
	percentage of
Sector Distribution	Fund’s net assets

Information Technology	24.23
Consumer Discretionary	18.71
Health Care	13.45
Industrials	13.28
Financials	7.81
Energy	7.28
Materials	6.50
Telecommunication Services	4.79
Consumer Staples	1.99
Short-Term Investments &
Net Other Assets	1.96

International investing involves special risks such as political, economic and currency risks and differences in accounting standards and financial reporting. Sector investing is subject to greater risks than the market as a whole. Because the Funds may focus on particular sectors of the economy, their performance may depend on the performance of those sectors.

John Hancock Funds II

Shareholder Expense Example

As a shareholder of John Hancock Funds II, you incur ongoing costs, such as management fees, distribution (12b-1) fees and other expenses, as applicable. In the case of Alternative Asset Allocation Fund, Core Diversified Growth & Income Portfolio, Core Fundamental Holdings Portfolio and Core Global Diversification Portfolio, in addition to the operating expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the operating expenses of the underlying funds in which the Fund invests. Because the underlying funds have varied operating expenses and transaction costs and the Fund may own different proportions of the underlying funds at different times, the amount of expenses incurred indirectly by the Fund will vary. If these indirect expenses were included, your expenses paid during the period would have been higher.

This example is intended to help you understand your ongoing costs (in dollars) of investing in the funds so you can compare these costs with the ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2009 through February 28, 2010).

Actual expenses:

Hypothetical example for comparison purposes:

The second line of each share class in the table below and on the following pages provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio for the share class and an assumed annualized rate of return of 5% per year before expenses, which is not the actual return of the share class. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the portfolio and other portfolios. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.


			Expenses Paid
	Beginning	Ending	During Period¹	Annualized
	Account Value	Account Value	9/1/2009–	Expense
	9/1/2009	2/28/2010	2/28/2010	Ratio²

Active Bond Fund
Class 1 — Actual	$1,000.00	$1,082.10	$3.56	0.69%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.40	3.46	0.69%
Class NAV — Actual	1,000.00	1,082.40	3.30	0.64%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.60	3.21	0.64%

All Cap Core Fund
Class NAV — Actual	$1,000.00	$1,081.70	$4.23	0.82%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.70	4.11	0.82%

All Cap Growth Fund
Class 1 — Actual	$1,000.00	$1,070.50	$5.08	0.99%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.90	4.96	0.99%

All Cap Value Fund
Class 1 — Actual	$1,000.00	$1,116.40	$4.83	0.92%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.20	4.61	0.92%
Class NAV — Actual	1,000.00	1,116.30	4.57	0.87%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.50	4.36	0.87%

Alpha Opportunities Fund
Class NAV — Actual	$1,000.00	$1,104.90	$5.43	1.04%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.60	5.21	1.04%

John Hancock Funds II

Shareholder Expense Example


			Expenses Paid
	Beginning	Ending	During Period¹	Annualized
	Account Value	Account Value	9/1/2009–	Expense
	9/1/2009	2/28/2010	2/28/2010	Ratio²

Alternative Asset Allocation Fund
Class A — Actual	$1,000.00	$1,086.00	$3.16	0.61%
Class A — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.80	3.06	0.61%

Blue Chip Growth Fund
Class 1 — Actual	$1,000.00	$1,103.00	$4.43	0.85%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.60	4.26	0.85%
Class NAV — Actual	1,000.00	1,102.80	4.17	0.80%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.80	4.01	0.80%

Capital Appreciation Fund
Class 1 — Actual	$1,000.00	$1,108.70	$4.13	0.79%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.90	3.96	0.79%
Class NAV — Actual	1,000.00	1,109.00	3.87	0.74%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.71	0.74%

Core Bond Fund
Class 1 — Actual	$1,000.00	$1,038.70	$3.49	0.69%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.40	3.46	0.69%
Class NAV — Actual	1,000.00	1,039.80	3.24	0.64%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.60	3.21	0.64%

Core Diversified Growth & Income Portfolio
Class 1 — Actual	$1,000.00	$1,074.70	$0.41	0.08%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,024.40	0.40	0.08%

Core Fundamental Holdings Portfolio
Class 1 — Actual	$1,000.00	$1,064.80	$0.41	0.08%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,024.40	0.40	0.08%

Core Global Diversification Portfolio
Class 1 — Actual	$1,000.00	$1,058.30	$0.41	0.08%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,024.40	0.40	0.08%

Emerging Markets Debt Fund
Class A — Actual³	$1,000.00	$1,007.40	$1.80	1.17%
Class A — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.00	5.86	1.17%
Class I — Actual³	1,000.00	1,007.80	1.34	0.87%
Class I — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.50	4.36	0.87%

Emerging Markets Value Fund
Class NAV — Actual	$1,000.00	$1,139.70	$5.68	1.07%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.50	5.36	1.07%

Equity-Income Fund
Class 1 — Actual	$1,000.00	$1,073.60	$4.47	0.87%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.50	4.36	0.87%
Class NAV — Actual	1,000.00	1,074.20	4.22	0.82%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.70	4.11	0.82%

Fundamental Value Fund
Class 1 — Actual	$1,000.00	$1,098.60	$4.37	0.84%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.60	4.21	0.84%
Class NAV — Actual	1,000.00	1,099.30	4.11	0.79%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.90	3.96	0.79%

Global Agribusiness Fund
Class A — Actual	$1,000.00	$1,074.30	$7.46	1.45%
Class A — Hypothetical (5% annualized return before expenses)	1,000.00	1,017.60	7.25	1.45%
Class I — Actual	1,000.00	1,077.40	5.15	1.00%
Class I — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.80	5.01	1.00%

Global Bond Fund
Class 1 — Actual	$1,000.00	$1,048.50	$4.32	0.85%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.60	4.26	0.85%
Class NAV — Actual	1,000.00	1,048.70	4.06	0.80%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.80	4.01	0.80%

John Hancock Funds II

Shareholder Expense Example


			Expenses Paid
	Beginning	Ending	During Period¹	Annualized
	Account Value	Account Value	9/1/2009–	Expense
	9/1/2009	2/28/2010	2/28/2010	Ratio²

Global Infrastructure Fund
Class A — Actual	$1,000.00	$1,074.20	$7.46	1.45%
Class A — Hypothetical (5% annualized return before expenses)	1,000.00	1,017.60	7.25	1.45%
Class I — Actual	1,000.00	1,076.30	5.15	1.00%
Class I — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.80	5.01	1.00%

Global Real Estate Fund
Class NAV — Actual	$1,000.00	$1,063.20	$5.52	1.08%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.40	5.41	1.08%

Global Timber Fund
Class A — Actual	$1,000.00	$1,100.40	$7.55	1.45%
Class A — Hypothetical (5% annualized return before expenses)	1,000.00	1,017.60	7.25	1.45%
Class I — Actual	1,000.00	1,103.10	5.21	1.00%
Class I — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.80	5.01	1.00%

High Income Fund
Class NAV — Actual	$1,000.00	$1,332.40	$4.16	0.72%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.20	3.61	0.72%

High Yield Fund
Class 1 — Actual	$1,000.00	$1,145.70	$4.04	0.76%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.00	3.81	0.76%
Class NAV — Actual	1,000.00	1,145.60	3.78	0.71%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.30	3.56	0.71%

Index 500 Fund
Class NAV — Actual	$1,000.00	$1,091.40	$2.49	0.48%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,022.40	2.41	0.48%

International Equity Index Fund
Class NAV — Actual	$1,000.00	$1,035.80	$2.88	0.57%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,022.00	2.86	0.57%

International Opportunities Fund
Class 1 — Actual	$1,000.00	$1,016.90	$5.15	1.03%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.70	5.16	1.03%
Class NAV — Actual	1,000.00	1,018.10	4.90	0.98%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.90	4.91	0.98%

International Small Cap Fund
Class 1 — Actual	$1,000.00	$1,077.00	$6.33	1.23%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,018.70	6.16	1.23%
Class NAV — Actual	1,000.00	1,078.30	6.08	1.18%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,018.90	5.91	1.18%

International Small Company Fund
Class NAV — Actual	$1,000.00	$1,037.20	$5.66	1.12%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.20	5.61	1.12%

International Value Fund
Class 1 — Actual	$1,000.00	$1,019.40	$4.71	0.94%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.10	4.71	0.94%
Class NAV — Actual	1,000.00	1,019.80	4.46	0.89%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.40	4.46	0.89%

Investment Quality Bond Fund
Class 1 — Actual	$1,000.00	$1,042.00	$3.59	0.71%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.30	3.56	0.71%
Class NAV — Actual	1,000.00	1,042.30	3.34	0.66%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.50	3.31	0.66%

Large Cap Fund
Class 1 — Actual	$1,000.00	$1,116.70	$4.46	0.85%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.60	4.26	0.85%
Class NAV — Actual	1,000.00	1,116.20	4.20	0.80%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.80	4.01	0.80%

John Hancock Funds II

Shareholder Expense Example


			Expenses Paid
	Beginning	Ending	During Period¹	Annualized
	Account Value	Account Value	9/1/2009–	Expense
	9/1/2009	2/28/2010	2/28/2010	Ratio²

Large Cap Value Fund
Class 1 — Actual	$1,000.00	$1,067.70	$4.61	0.90%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.30	4.51	0.90%
Class NAV — Actual	1,000.00	1,068.10	4.36	0.85%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.60	4.26	0.85%

Mid Cap Index Fund
Class NAV — Actual	$1,000.00	$1,133.40	$2.59	0.49%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,022.40	2.46	0.49%

Mid Cap Stock Fund
Class 1 — Actual	$1,000.00	$1,145.40	$4.95	0.93%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.20	4.66	0.93%
Class NAV — Actual	1,000.00	1,146.10	4.68	0.88%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.40	4.41	0.88%

Mid Cap Value Equity Fund
Class NAV — Actual	$1,000.00	$1,127.70	$4.85	0.92%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.20	4.61	0.92%

Mid Value Fund
Class NAV — Actual	$1,000.00	$1,113.70	$5.24	1.00%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.80	5.01	1.00%

Optimized Value Fund
Class 1 — Actual	$1,000.00	$1,082.00	$4.18	0.81%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.80	4.06	0.81%
Class NAV — Actual	1,000.00	1,081.40	3.92	0.76%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.00	3.81	0.76%

Real Estate Equity Fund
Class NAV — Actual	$1,000.00	$1,170.40	$4.79	0.89%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.40	4.46	0.89%

Real Estate Securities Fund
Class 1 — Actual	$1,000.00	$1,168.60	$4.30	0.80%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.80	4.01	0.80%

Real Return Bond Fund
Class 1 — Actual	$1,000.00	$1,050.60	$3.91	0.77%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.00	3.86	0.77%
Class NAV — Actual	1,000.00	1,051.30	3.66	0.72%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.20	3.61	0.72%

Short Term Government Income Fund
Class NAV — Actual	$1,000.00	$1,018.00	$3.25	0.65%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.60	3.26	0.65%

Small Cap Growth Fund
Class NAV — Actual	$1,000.00	$1,128.90	$5.96	1.13%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.20	5.66	1.13%

Small Cap Index Fund
Class NAV — Actual	$1,000.00	$1,103.40	$2.76	0.53%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,022.20	2.66	0.53%

Small Cap Opportunities Fund
Class 1 — Actual	$1,000.00	$1,114.00	$5.45	1.04%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.60	5.21	1.04%
Class NAV — Actual	1,000.00	1,113.70	5.19	0.99%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.90	4.96	0.99%

Small Cap Value Fund
Class NAV — Actual	$1,000.00	$1,140.00	$6.00	1.13%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.20	5.66	1.13%

Small Company Growth Fund
Class NAV — Actual	$1,000.00	$1,105.20	$5.79	1.11%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.30	5.56	1.11%

John Hancock Funds II

Shareholder Expense Example


			Expenses Paid
	Beginning	Ending	During Period¹	Annualized
	Account Value	Account Value	9/1/2009–	Expense
	9/1/2009	2/28/2010	2/28/2010	Ratio²

Small Company Value Fund
Class 1 — Actual	$1,000.00	$1,094.90	$5.61	1.08%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.40	5.41	1.08%
Class NAV — Actual	1,000.00	1,095.40	5.35	1.03%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.70	5.16	1.03%

Smaller Company Growth Fund
Class NAV — Actual	$1,000.00	$1,115.60	$5.25	1.00%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,019.80	5.01	1.00%

Spectrum Income Fund
Class NAV — Actual	$1,000.00	$1,059.90	$3.93	0.77%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.00	3.86	0.77%

Strategic Bond Fund
Class 1 — Actual	$1,000.00	$1,093.90	$4.05	0.78%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.90	3.91	0.78%
Class NAV — Actual	1,000.00	1,095.50	3.79	0.73%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.20	3.66	0.73%

Total Bond Market Fund
Class NAV — Actual	$1,000.00	$1,027.00	$2.61	0.52%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,022.20	2.61	0.52%

Total Return Fund
Class 1 — Actual	$1,000.00	$1,055.30	$3.92	0.77%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.00	3.86	0.77%
Class NAV — Actual	1,000.00	1,055.00	3.67	0.72%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.20	3.61	0.72%

U.S. Government Securities Fund
Class 1 — Actual	$1,000.00	$1,051.70	$3.76	0.74%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.10	3.71	0.74%
Class NAV — Actual	1,000.00	1,051.20	3.51	0.69%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.40	3.46	0.69%

U.S. High Yield Bond Fund
Class 1 — Actual	$1,000.00	$1,107.50	$4.23	0.81%
Class 1 — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.80	4.06	0.81%
Class NAV — Actual	1,000.00	1,106.90	3.97	0.76%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,021.00	3.81	0.76%

U.S. Multi Sector Fund
Class NAV — Actual	$1,000.00	$1,083.10	$4.08	0.79%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.90	3.96	0.79%

Value Fund
Class NAV — Actual	$1,000.00	$1,141.30	$4.25	0.80%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.80	4.01	0.80%

Value & Restructuring Fund
Class NAV — Actual	$1,000.00	$1,127.40	$4.48	0.85%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.60	4.26	0.85%

Vista Fund
Class NAV — Actual	$1,000.00	$1,103.90	$4.85	0.93%
Class NAV — Hypothetical (5% annualized return before expenses)	1,000.00	1,020.20	4.66	0.93%

¹ Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by the number of days in the period (181), and divided by 365 (to reflect the one-half year period).

² Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on the mix of underlying funds held by the Portfolio. The range of expense ratios of the underlying funds held by the Portfolios was as follows:

John Hancock Funds II

Shareholder Expense Example


Fund	Range

Alternative Asset Allocation Fund	0.71% – 1.18%
Core Diversified Growth & Income Portfolio	0.37% – 0.57%
Core Fundamental Holdings Portfolio	0.37% – 0.57%
Core Global Diversification Portfolio	0.37% – 0.57%

³ The inception date for Emerging Markets Debt Fund is January 4, 2010. Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by the number of days in the period (56), and divided by 365.

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 29.35%
Federal Home Loan Bank - 0.06%
5.375%, 05/18/2016	$	370,000	$	417,193
Federal National Mortgage Association - 17.25%
1.875%, 10/29/2012		1,110,000		1,114,854
2.050%, 01/28/2013		3,500,000		3,510,794
3.000%, 10/29/2014		765,000		771,347
3.127%, 07/01/2033 (P)		1,975		2,057
3.474%, 05/01/2035 (P)		2,096,063		2,149,550
4.000%, 06/25/2017 to 08/25/2027		13,783,920		12,226,125
4.375%, 03/15/2013		20,000		21,663
4.500%, 04/25/2038		1,932,806		356,619
4.898%, 12/01/2038 (P)		617,345		650,913
5.000%, TBA (B)		7,260,000		7,530,548
5.000%, 05/01/2018 to 02/01/2040		30,392,133		28,280,049
5.230%, 12/01/2038 (P)		457,564		482,444
5.299%, 12/01/2038 (P)		779,783		822,184
5.500%, 02/01/2018 to 05/01/2037		35,571,388		37,661,536
5.559%, 01/01/2036 (P)		1,079,607		1,133,530
5.737%, 04/01/2036 (P)		754,212		792,157
6.000%, 09/01/2022 to 02/01/2036		15,908,908		17,125,558
6.250%, 05/15/2029		157,000		184,344
6.500%, 02/01/2036		53,389		57,421
7.000%, 09/01/2010 to 10/25/2041		39,869		42,665
7.500%, 09/01/2029 to 11/25/2041		34,120		37,634

				114,953,992
Federal Home Loan Mortgage Corp. - 0.11%
4.500%, 01/15/2025		1,350,101		164,544
4.750%, 01/15/2031		279,833		289,420
6.000%, 10/15/2039		1,337,138		262,380

				716,344
Government National Mortgage Association - 0.53%
4.500%, 04/15/2039		3,275,422		3,339,012
5.000%, 04/15/2035		68,749		72,168
5.500%, 03/15/2035		76,852		82,180
6.000%, 03/15/2033 to 06/15/2033		29,140		31,612
6.500%, 09/15/2028 to 08/15/2031		5,375		5,912
7.000%, 04/15/2029		2,026		2,232
8.000%, 10/15/2026		2,061		2,285

				3,535,401
U.S. Treasury Bonds - 0.81%
4.375%, 11/15/2039		1,730,000		1,686,210
4.500%, 08/15/2039		3,725,000		3,708,122

				5,394,332
U.S. Treasury Notes - 10.59%
1.375%, 04/15/2012 to 02/15/2013		21,965,000		22,143,092
2.125%, 11/30/2014		6,305,000		6,295,152
2.250%, 01/31/2015		5,415,000		5,416,689
2.375%, 10/31/2014 to 02/28/2015		4,215,000		4,235,101
2.625%, 06/30/2014 to 12/31/2014		8,380,000		8,590,318
3.375%, 11/15/2019		20,240,000		19,887,379
3.625%, 02/15/2020		4,000,000		4,010,624

				70,578,355

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $189,585,967)			$	195,595,617


FOREIGN GOVERNMENT
OBLIGATIONS - 0.02%
Argentina - 0.01%
Republic of Argentina
0.630%, 12/31/2038	ARS	177,218		14,791
3.720%, 12/15/2035		393,449		5,007


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Argentina (continued)
Republic of Argentina (continued)
5.830%, 12/31/2033	$	72,870	$	16,244

				36,042
Canada - 0.00%
Government of Canada
5.500%, 06/01/2010	CAD	5,000		4,815
Colombia - 0.00%
Republic of Colombia
10.000%, 01/23/2012	$	20,000		22,800
11.750%, 03/01/2010	COP	8,000,000		4,158

				26,958
Japan - 0.01%
Government of Japan
1.500%, 09/20/2014	JPY	1,350,000		15,895
1.800%, 03/22/2010		2,650,000		29,856

				45,751
Mexico - 0.00%
Government of Mexico
8.000%, 12/19/2013 to 12/07/2023	MXN	406,700		32,468
Panama - 0.00%
Republic of Panama
8.875%, 09/30/2027	$	6,000		7,680
9.375%, 04/01/2029		1,000		1,340

				9,020
Peru - 0.00%
Republic of Peru
9.875%, 02/06/2015		2,000		2,526
Sweden - 0.00%
Kingdom of Sweden
5.250%, 03/15/2011	SEK	30,000		4,415

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $179,615)			$	161,995


CORPORATE BONDS - 50.87%
Aerospace & Defense - 0.24%
BE Aerospace, Inc.
8.500%, 07/01/2018		400,000		419,000
Embraer Overseas, Ltd.
6.375%, 01/15/2020		490,000		489,388
L-3 Communications Corp., Series B
6.375%, 10/15/2015		650,000		660,563

				1,568,951
Agriculture - 0.40%
Altria Group, Inc.
8.500%, 11/10/2013		985,000		1,157,051
Bunge Ltd. Finance Corp.
5.350%, 04/15/2014		580,000		609,849
8.500%, 06/15/2019		220,000		256,311
Cargill, Inc.
6.125%, 09/15/2036 (S)		665,000		675,061

				2,698,272
Airlines - 0.51%
Continental Airlines, Inc., Class B
8.307%, 04/02/2018		158,381		147,295
Continental Airlines, Inc.,
Series 1991-1, Class A
6.545%, 02/02/2019		64,098		64,258


The accompanying notes are an integral part of the financial statements.	15

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Airlines (continued)
Continental Airlines, Inc., Series 981A
6.648%, 09/15/2017	$	153,990	$	149,370
Delta Air Lines, Inc.
9.500%, 09/15/2014 (S)		335,000		340,863
Delta Air Lines, Inc., Class G-1
6.718%, 01/02/2023		410,143		373,230
Delta Air Lines, Inc.,
Series 2007-1, Class A
6.821%, 08/10/2022		653,091		625,334
Northwest Airlines, Inc.,
Series 2002-1, Class G2
6.264%, 11/20/2021		635,806		557,920
Northwest Airlines, Inc.,
Series 2007-1, Class A
7.027%, 11/01/2019		304,266		270,797
United Air Lines, Inc.
9.750%, 01/15/2017		465,000		484,763
9.875%, 08/01/2013 (S)		130,000		130,000
10.400%, 11/01/2016		235,000		248,513

				3,392,343
Auto Manufacturers - 0.12%
Oshkosh Corp.
8.500%, 03/01/2020 (S)		65,000		65,000
Volvo Treasury AB
5.950%, 04/01/2015 (S)		710,000		728,910

				793,910
Auto Parts & Equipment - 0.25%
Allison Transmission, Inc.
11.000%, 11/01/2015 (S)		600,000		622,500
Delphi Corp.
6.197%, 11/15/2033 (H)		2,000		0
Exide Technologies, Series B
10.500%, 03/15/2013		565,000		549,463
Tenneco, Inc.
8.625%, 11/15/2014		490,000		481,425

				1,653,388
Banks - 1.55%
Allfirst Preferred Capital Trust
1.751%, 07/15/2029 (P)		310,000		204,026
American Express Bank FSB
6.000%, 09/13/2017		805,000		853,135
Australia & New Zealand
Banking Group, Ltd.
5.100%, 01/13/2020 (S)		495,000		493,830
Banco Santander Chile
5.375%, 12/09/2014 (S)		5,000		5,357
Bank of Nova Scotia
3.400%, 01/22/2015		570,000		581,763
Barclays Bank PLC
5.125%, 01/08/2020		795,000		780,600
Dresdner Bank AG
7.250%, 09/15/2015		281,000		299,574
Independence Community Bank Corp.
2.071%, 04/01/2014 (P)		85,000		83,918
Lloyds TSB Bank PLC
5.800%, 01/13/2020 (S)		270,000		261,266
Lloyds TSB Group PLC
6.267%, 11/29/2049 (S)		545,000		288,850
6.413%, 09/29/2049 (S)(P)		450,000		238,500
Rabobank Nederland NV, (11.000% to
06/30/2019, then 3 month LIBOR
+ 1086.75 bps)
maturing at 06/29/2049 (S)		632,000		800,763


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Banks (continued)
Regions Financial Corp.
7.750%, 11/10/2014	$	605,000	$	622,421
Shinhan Bank
6.819%, 09/20/2036		515,000		478,095
Silicon Valley Bank
6.050%, 06/01/2017		415,000		393,036
Wachovia Bank NA
5.850%, 02/01/2037		395,000		368,279
Wachovia Bank NA, Series BKNT
6.600%, 01/15/2038		325,000		333,896
Wells Fargo & Company, Series I
3.750%, 10/01/2014		2,000,000		2,024,124
Wells Fargo Bank NA
5.750%, 05/16/2016		490,000		513,222
Westpac Banking Corp.
4.875%, 11/19/2019		705,000		695,941

				10,320,596
Beverages - 0.36%
Anheuser-Busch Companies, Inc.
6.500%, 02/01/2043		10,000		10,638
Anheuser-Busch InBev Worldwide, Inc.
4.125%, 01/15/2015		490,000		504,845
5.375%, 01/15/2020		335,000		351,784
SABMiller PLC
5.500%, 08/15/2013 (S)		535,000		578,096
6.500%, 07/15/2018 (S)		875,000		973,897

				2,419,260
Biotechnology - 0.12%
Life Technologies Corp.
4.400%, 03/01/2015		305,000		308,771
6.000%, 03/01/2020		490,000		505,197

				813,968
Building Materials - 0.42%
CRH America, Inc.
8.125%, 07/15/2018		525,000		620,627
Masco Corp.
5.850%, 03/15/2017		705,000		665,277
USG Corp.
6.300%, 11/15/2016		1,000,000		880,000
Voto-Votorantim Overseas Trading
Operations NV
6.625%, 09/25/2019 (S)		620,000		616,900

				2,782,804
Chemicals - 0.44%
American Pacific Corp.
9.000%, 02/01/2015		700,000		691,250
Diversey, Inc.
8.250%, 11/15/2019 (S)		150,000		154,500
Incitec Pivot Finance LLC
6.000%, 12/10/2019 (S)		375,000		372,963
Mosaic Company
7.625%, 12/01/2016 (S)		360,000		393,051
RPM International, Inc.
6.500%, 02/15/2018		310,000		327,204
Sterling Chemicals, Inc.
10.250%, 04/01/2015		305,000		294,325
The Dow Chemical Company
5.700%, 05/15/2018		700,000		727,325

				2,960,618


The accompanying notes are an integral part of the financial statements.	16

John Hancock Funds II
Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Coal - 0.10%
Arch Coal, Inc.
8.750%, 08/01/2016 (S)	$	130,000	$	134,550
Drummond Company, Inc.
7.375%, 02/15/2016		600,000		559,500

				694,050
Commercial Services - 0.48%
Catalent Pharma Solutions, Inc., PIK
9.500%, 04/15/2015		510,000		483,225
ERAC USA Finance Company
6.375%, 10/15/2017 (S)		350,000		383,165
Hutchison Whampoa International, Ltd.
5.750%, 09/11/2019 (S)		580,000		595,254
Science Applications International Corp.
5.500%, 07/01/2033		825,000		738,626
Seminole Indian Tribe of Florida
6.535%, 10/01/2020 (S)		405,000		367,457
United Rentals North America, Inc.
7.000%, 02/15/2014		520,000		462,800
10.875%, 06/15/2016		170,000		178,500

				3,209,027
Cosmetics & Personal Care - 0.06%
Revlon Consumer Products Corp.
9.750%, 11/15/2015 (S)		395,000		405,863
Diversified Financial Services - 11.37%
American Express Company
7.000%, 03/19/2018		1,855,000		2,080,861
American Express Credit
Company, Series C
7.300%, 08/20/2013		760,000		858,121
American Honda Finance Corp.
7.625%, 10/01/2018 (S)		715,000		843,401
Astoria Depositor Corp. , Series B
8.144%, 05/01/2021 (S)		600,000		540,000
AXA Financial, Inc.
7.750%, 08/01/2010		210,000		215,922
BAC Capital Trust XIII
0.654%, 03/15/2043 (P)		640,000		381,820
Bank of America Corp.
5.650%, 05/01/2018		565,000		563,582
5.750%, 12/01/2017		1,849,000		1,872,399
7.625%, 06/01/2019		685,000		774,635
Bear Stearns Companies LLC
0.442%, 11/28/2011 (P)		640,000		639,668
7.250%, 02/01/2018		380,000		440,777
Beaver Valley Funding
9.000%, 06/01/2017		1,123,000		1,232,661
Bosphorus Financial Services, Ltd.
2.050%, 02/15/2012 (P)(S)		187,500		179,549
BPCE SA, (12.50% to 09/30/2019 then
3 month LIBOR + 12.98%)
maturing at 08/29/2049 (S)		255,000		300,773
Capital One Bank USA NA
8.800%, 07/15/2019		425,000		510,714
Capital One Financial Corp.
6.750%, 09/15/2017		550,000		603,731
7.375%, 05/23/2014		740,000		848,293
Capmark Financial Group, Inc.
5.875%, 05/10/2012 (H)		1,300,000		366,612
Caterpillar Financial Services Corp.
5.450%, 04/15/2018		870,000		927,527
5.500%, 03/15/2016		405,000		445,467
7.150%, 02/15/2019		450,000		531,830


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
Charles Schwab Corp.
4.950%, 06/01/2014	$	465,000	$	499,554
Chuo Mitsui Trust & Banking
Company, Ltd., (5.506% to 04/15/2015,
then 3 month LIBOR + 249 bps)
maturing at 12/29/2049 (S)		500,000		486,462
Citigroup, Inc.
5.625%, 08/27/2012		219,000		230,616
5.850%, 12/11/2034		285,000		254,304
6.125%, 11/21/2017 to 05/15/2018		3,050,000		3,078,341
6.375%, 08/12/2014		790,000		838,425
8.500%, 05/22/2019		1,030,000		1,188,576
CME Group, Inc.
5.750%, 02/15/2014		470,000		519,876
Comerica Capital Trust II
6.576%, 02/20/2037 (P)		700,000		579,250
ConocoPhillips Canada Funding Company
5.950%, 10/15/2036		1,000,000		1,040,972
Credit Suisse First Boston USA, Inc.
6.500%, 01/15/2012		209,000		227,544
Credit Suisse New York
5.300%, 08/13/2019		405,000		414,898
Crown Castle Towers LLC
6.113%, 01/15/2020 (S)		495,000		518,335
Discover Financial Services
10.250%, 07/15/2019		655,000		775,077
Ford Motor Credit Company LLC
7.500%, 08/01/2012		195,000		195,817
General Electric Capital Corp.
5.450%, 01/15/2013		261,000		280,667
5.625%, 05/01/2018		605,000		622,127
General Electric Capital Corp., MTN
6.000%, 08/07/2019		325,000		340,033
GTP Towers Issuer LLC
4.436%, 02/15/2015 (S)		645,000		653,146
8.112%, 02/15/2015 (S)		600,000		600,000
Harley-Davidson Funding Corp.
5.750%, 12/15/2014 (S)		345,000		358,936
6.800%, 06/15/2018 (S)		1,350,000		1,367,437
Hartford Financial Services Group, Inc.
6.300%, 03/15/2018		485,000		501,407
HBOS PLC
5.375%, 11/29/2049 (S)		22,000		17,820
HSBC Finance Corp.
5.000%, 06/30/2015		645,000		676,788
HSBC Holdings PLC
6.500%, 09/15/2037		435,000		446,293
Hyundai Capital Services
6.000%, 05/05/2015 (S)		415,000		441,973
International Lease Finance Corp.
6.375%, 03/25/2013		540,000		475,608
Jefferies Group, Inc.
6.450%, 06/08/2027		380,000		336,644
8.500%, 07/15/2019		2,545,000		2,830,758
JPMorgan Chase & Company
4.650%, 06/01/2014		655,000		693,650
6.300%, 04/23/2019		1,267,000		1,405,037
6.750%, 02/01/2011		218,000		229,433
JPMorgan Chase & Company, MTN
6.000%, 01/15/2018		860,000		931,436
JPMorgan Chase & Company, Series 1,
(7.900% to 04/30/2018, then 3 month
LIBOR + 347 bps)
maturing at 04/29/2049		510,000		527,243


The accompanying notes are an integral part of the financial statements.	17

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
JPMorgan Chase Capital XX
6.550%, 09/29/2036	$	250,000	$	233,942
JPMorgan Chase Capital XXIII
1.250%, 05/15/2047 (P)		915,000		655,204
Lehman Brothers Holdings, Inc.
0.00%, 01/26/2017 (H)		1,120,000		249,200
Macquarie Group, Ltd.
6.000%, 01/14/2020 (S)		395,000		383,173
7.300%, 08/01/2014 (S)		260,000		286,710
MBNA Capital
1.049%, 02/01/2027 (P)		23,000		15,674
Mellon Capital IV
6.244%, 06/29/2049 (P)		400,000		350,000
Merna Reinsurance, Ltd.
2.001%, 07/07/2010 (P)(S)		1,000,000		989,000
Merrill Lynch & Company, Inc.
0.482%, 06/05/2012 (P)		472,000		463,412
0.799%, 05/02/2017 (P)		1,000,000		892,264
6.875%, 04/25/2018		1,515,000		1,596,278
7.750%, 05/14/2038		1,355,000		1,446,906
Mizuho Financial Group, Ltd.
8.375%, 01/29/2049		250,000		250,313
Morgan Stanley
0.701%, 10/18/2016 (P)		830,000		756,133
5.625%, 09/23/2019		1,000,000		991,488
5.950%, 12/28/2017		290,000		298,906
6.000%, 04/28/2015		1,000,000		1,068,170
7.300%, 05/13/2019		535,000		591,557
10.090%, 05/03/2017		2,700,000		1,393,216
Morgan Stanley, Series F
6.625%, 04/01/2018		1,025,000		1,090,583
Nelnet, Inc., (7.400% to 09/01/2011, then
3 month LIBOR +337.58 bps)
maturing at 09/15/2061		400,000		298,348
Northern Trust Company
4.625%, 05/01/2014		410,000		441,821
6.500%, 08/15/2018		190,000		216,184
PNC Financial Services Group, Inc.
8.250%, 05/29/2049 (P)		760,000		794,587
PNC Funding Corp.
4.250%, 09/21/2015		750,000		766,149
Santander Issuances SA, (6.500% to
11/01/2014, then 3 month LIBOR
+ 392 bps)
maturing at 08/11/2019 (S)		900,000		952,430
Schwab Capital Trust I
7.500%, 11/15/2037 (P)		1,435,000		1,390,888
SLM Corp.
0.549%, 01/27/2014 (P)		1,840,000		1,528,714
SLM Corp., MTN
8.450%, 06/15/2018		485,000		474,416
Standard Chartered PLC
6.400%, 09/26/2017 (S)		1,000,000		1,071,438
6.409%, 01/30/2017 (P)(S)		715,000		612,118
State Street Capital Trust IV
1.254%, 06/15/2037 (N)		1,165,000		809,094
SunTrust Capital VIII
6.100%, 12/15/2036 (P)		414,000		318,101
SunTrust Preferred Capital I
5.853%, 12/31/2049 (P)		102,000		69,998
TD Ameritrade Holding Corp.
5.600%, 12/01/2019		460,000		465,667
Teco Finance, Inc.
6.572%, 11/01/2017		302,000		321,156
7.000%, 05/01/2012		418,000		453,939


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
The Goldman Sachs Capital II
5.793%, 10/29/2049 (P)	$	760,000	$	606,100
The Goldman Sachs Group, Inc.
5.125%, 01/15/2015		1,035,000		1,093,390
5.500%, 11/15/2014		447,000		480,590
5.950%, 01/18/2018		1,500,000		1,574,252
6.000%, 05/01/2014		645,000		707,891
6.750%, 10/01/2037		420,000		407,217
7.500%, 02/15/2019		1,155,000		1,321,892
TuranAlem Finance BV
7.875%, 06/02/2010 (H)		12,000		4,440
UBS AG
5.875%, 12/20/2017		550,000		572,996
USB Capital IX
6.189%, 10/29/2049 (P)		2,025,000		1,670,625
USB Realty Corp., (6.091% to
01/15/2012, then 3 month LIBOR
+ 114.7 bps)
maturing at 12/29/2049 (S)		500,000		384,375
Vita Capital III, Ltd., Series B-I
1.351%, 01/01/2011 (P)(S)		870,000		854,079
Waddell & Reed Financial, Inc.
5.600%, 01/15/2011		400,000		413,788
Wells Fargo Capital XIII, Series GMTN
7.700%, 12/29/2049 (P)		1,000,000		985,000

				75,806,638
Electric - 3.98%
AES Eastern Energy LP, Series 1999-A
9.000%, 01/02/2017		562,976		574,939
AES Gener SA
7.500%, 03/25/2014		218,000		238,442
Allegheny Energy Supply Company LLC
5.750%, 10/15/2019 (S)		370,000		372,881
American Electric Power Company, Inc.
5.250%, 06/01/2015		210,000		224,415
Appalachian Power Company
5.800%, 10/01/2035		39,000		38,335
7.000%, 04/01/2038		425,000		486,794
Aquila, Inc.
11.875%, 07/01/2012		570,000		665,757
Arizona Public Service Company
5.500%, 09/01/2035		222,000		197,045
BVPS II Funding Corp.
8.890%, 06/01/2017		274,000		307,008
CenterPoint Energy Houston Electric LLC
6.950%, 03/15/2033		10,000		11,137
CMS Energy Corp.
6.250%, 02/01/2020		595,000		582,388
Commonwealth Edison Company
5.800%, 03/15/2018		2,225,000		2,414,566
6.150%, 09/15/2017		255,000		282,605
Constellation Energy Group, Inc.
7.600%, 04/01/2032		246,000		279,674
Delmarva Power & Light Company
6.400%, 12/01/2013		390,000		442,965
Dominion Resources, Inc.
5.000%, 03/15/2013		575,000		615,500
5.700%, 09/17/2012		207,000		225,780
6.300%, 09/30/2066 (P)		800,000		740,000
DTE Energy Company
7.625%, 05/15/2014		435,000		500,946
Duke Energy Corp.
6.300%, 02/01/2014		335,000		373,887


The accompanying notes are an integral part of the financial statements.	18

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
Enel Finance International SA
6.250%, 09/15/2017 (S)	$	565,000	$	619,896
Enersis SA
7.375%, 01/15/2014		12,000		13,326
FirstEnergy Corp.
6.450%, 11/15/2011		9,000		9,616
7.375%, 11/15/2031		676,000		730,963
FirstEnergy Solutions Corp.
4.800%, 02/15/2015		460,000		479,663
FPL Group Capital, Inc.
6.350%, 10/01/2066 (P)		650,000		598,000
Indiantown Cogeneration LP, Series A-9
9.260%, 12/15/2010		27,206		27,728
Ipalco Enterprises, Inc.
8.625%, 11/14/2011		365,000		378,688
Israel Electric Corp., Ltd.
7.250%, 01/15/2019 (S)		1,720,000		1,866,867
ITC Holdings Corp.
5.500%, 01/15/2020 (S)		575,000		588,456
5.875%, 09/30/2016 (S)		170,000		179,771
Listrindo Capital BV
9.250%, 01/29/2015 (S)		180,000		185,368
Midwest Generation LLC, Series B
8.560%, 01/02/2016		533,119		545,114
Monongahela Power Company
7.950%, 12/15/2013 (S)		665,000		767,401
National Grid PLC
6.300%, 08/01/2016		485,000		537,596
Nevada Power Company
6.650%, 04/01/2036		530,000		564,894
Pacific Gas & Electric Company
4.200%, 03/01/2011		246,000		254,103
4.800%, 03/01/2014		212,000		230,485
8.250%, 10/15/2018		455,000		561,307
Peco Energy Company
5.350%, 03/01/2018		1,000,000		1,063,929
PG&E Corp.
5.750%, 04/01/2014		390,000		429,402
PNPP II Funding Corp.
9.120%, 05/30/2016		206,000		227,576
PSEG Power LLC
5.000%, 04/01/2014		214,000		224,079
8.625%, 04/15/2031		214,000		275,223
Public Service Company of New Mexico
7.950%, 05/15/2018		1,000,000		1,052,434
San Diego Gas & Electric
Company, Series FFF
6.125%, 09/15/2037		1,000,000		1,083,607
Scottish Power, Ltd.
4.910%, 03/15/2010		225,000		225,187
Sierra Pacific Power Company, Series M
6.000%, 05/15/2016		840,000		922,056
SPI Electricity & Gas Australia
Holdings Party, Ltd.
6.150%, 11/15/2013 (S)		16,000		17,188
Texas Competitive Electric Holdings
Company LLC, Series A
10.250%, 11/01/2015		650,000		485,810
TransAlta Corp.
6.650%, 05/15/2018		580,000		635,791
United Energy Distribution Property, Ltd.
4.700%, 04/15/2011 (S)		96,000		98,399
Virginia Electric and Power Company
6.000%, 01/15/2036		620,000		646,675


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
Waterford 3 Funding Corp.
8.090%, 01/02/2017	$	405,049	$	410,383

				26,512,045
Electrical Components & Equipment - 0.04%
Coleman Cable, Inc.
9.000%, 02/15/2018 (S)		240,000		237,600
Electronics - 0.10%
Amphenol Corp.
4.750%, 11/15/2014		675,000		693,828
Energy-Alternate Sources - 0.03%
Salton Sea Funding Corp. , Series F
7.475%, 11/30/2018		182,488		201,516
Engineering & Construction - 0.05%
Odebrecht Finance, Ltd.
7.000%, 04/21/2020 (S)		340,000		343,400
Entertainment - 0.50%
AMC Entertainment, Inc.
8.000%, 03/01/2014		615,000		605,775
8.750%, 06/01/2019		180,000		185,850
Cinemark USA, Inc.
8.625%, 06/15/2019		175,000		182,000
Greektown Holdings LLC
10.750%, 12/01/2013 (H)(S)		220,000		13,200
HRP Myrtle Beach Operations LLC
0.00%, 04/01/2012 (H)(S)		140,000		0
Jacobs Entertainment, Inc.
9.750%, 06/15/2014		820,000		756,450
Mohegan Tribal Gaming Authority
8.000%, 04/01/2012		300,000		265,500
Pokagon Gaming Authority
10.375%, 06/15/2014 (S)		600,000		624,000
Regal Cinemas Corp.
8.625%, 07/15/2019		145,000		151,344
Waterford Gaming LLC
8.625%, 09/15/2014 (S)		196,000		106,820
Yonkers Racing Corp.
11.375%, 07/15/2016 (S)		395,000		416,725

				3,307,664
Food - 1.38%
B&G Foods, Inc.
7.625%, 01/15/2018		240,000		242,400
Bumble Bee Foods LLC
7.750%, 12/15/2015 (S)		215,000		215,538
Corp. Pesquera Inca SAC
9.000%, 02/10/2017 (S)		275,000		269,500
General Mills, Inc.
5.650%, 09/10/2012		600,000		658,810
5.700%, 02/15/2017		245,000		269,292
Kraft Foods, Inc.
5.375%, 02/10/2020		895,000		925,954
5.625%, 11/01/2011		219,000		232,555
6.000%, 02/11/2013		605,000		667,935
6.125%, 02/01/2018		580,000		636,312
Kroger Company
6.800%, 12/15/2018		920,000		1,047,691
7.000%, 05/01/2018		580,000		659,401
McCormick & Company, Inc.
5.750%, 12/15/2017		1,000,000		1,076,333
Nabisco, Inc.
7.550%, 06/15/2015		229,000		270,903
Smithfield Foods, Inc.
7.000%, 08/01/2011		18,000		18,000


The accompanying notes are an integral part of the financial statements.	19

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Food (continued)
Smithfield Foods, Inc. (continued)
10.000%, 07/15/2014 (S)	$	365,000	$	395,113
Supervalu, Inc.
7.500%, 11/15/2014		500,000		502,500
Tate & Lyle International Finance PLC
5.000%, 11/15/2014 (S)		208,000		215,081
Tesco PLC
6.150%, 11/15/2037 (S)		570,000		607,940
Tyson Foods, Inc.
10.500%, 03/01/2014		225,000		261,563

				9,172,821
Forest Products & Paper - 0.40%
International Paper Company
7.950%, 06/15/2018		520,000		604,161
9.375%, 05/15/2019		530,000		661,817
NewPage Corp.
11.375%, 12/31/2014		125,000		119,375
PE Paper Escrow GmbH
12.000%, 08/01/2014 (S)		100,000		108,500
Verso Paper Holdings LLC, Series B
9.125%, 08/01/2014		610,000		561,200
Westvaco Corp.
7.950%, 02/15/2031		550,000		598,682

				2,653,735
Gas - 0.38%
CenterPoint Energy, Inc.
6.500%, 05/01/2018		1,000,000		1,065,425
Michigan Consolidated Gas Company
5.700%, 03/15/2033		14,000		13,345
Sempra Energy
6.500%, 06/01/2016		450,000		503,858
8.900%, 11/15/2013		360,000		432,139
Southern Union Company
7.200%, 11/01/2066 (P)		610,000		547,475

				2,562,242
Healthcare Products - 0.15%
Covidien International Finance SA
6.000%, 10/15/2017		610,000		673,672
Inverness Medical Innovations, Inc.
7.875%, 02/01/2016 (S)		360,000		349,200

				1,022,872
Healthcare Services - 0.40%
Cigna Corp.
6.150%, 11/15/2036		500,000		493,031
Coventry Health Care, Inc.
5.875%, 01/15/2012		225,000		230,902
6.300%, 08/15/2014		420,000		428,281
HCA, Inc.
8.500%, 04/15/2019 (S)		440,000		471,900
UnitedHealth Group, Inc.
4.875%, 02/15/2013		225,000		239,947
5.375%, 03/15/2016		15,000		16,030
5.800%, 03/15/2036		115,000		110,815
WellPoint, Inc.
5.000%, 12/15/2014		208,000		225,049
6.375%, 06/15/2037		415,000		436,872

				2,652,827
Holding Companies - 0.05%
ESI Tractebel Acquisition Corp., Series B
7.990%, 12/30/2011		313,000		313,861


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Home Builders - 0.03%
Pulte Homes, Inc.
6.250%, 02/15/2013	$	210,000	$	215,250
Home Furnishings - 0.14%
Whirlpool Corp.
8.000%, 05/01/2012		425,000		471,328
8.600%, 05/01/2014		370,000		430,868

				902,196
Household Products - 0.30%
ACCO Brands Corp.
10.625%, 03/15/2015 (S)		105,000		114,135
Clorox Company
5.000%, 03/01/2013		600,000		650,162
5.950%, 10/15/2017		500,000		552,544
Yankee Acquisition Corp.
8.500%, 02/15/2015		655,000		655,000

				1,971,841
Housewares - 0.02%
Libbey Glass, Inc.
10.000%, 02/15/2015 (S)		115,000		119,025
Insurance - 5.19%
Aflac, Inc.
6.900%, 12/17/2039		265,000		264,825
8.500%, 05/15/2019		640,000		756,262
Allied World Assurance Holdings, Ltd.
7.500%, 08/01/2016		990,000		1,076,610
American International Group, Inc.
5.450%, 05/18/2017		1,000,000		812,682
American International Group,
Inc., Series WI
8.175%, 05/15/2058 (P)		700,000		472,500
Assurant, Inc.
5.625%, 02/15/2014		209,000		217,845
6.750%, 02/15/2034		550,000		526,169
AXA SA, (6.379% to 12/13/2036, then
3 month LIBOR +225.6 bps)
maturing at 12/29/2049 (S)		585,000		466,538
CNA Financial Corp.
6.000%, 08/15/2011		280,000		294,057
6.500%, 08/15/2016		1,325,000		1,366,364
7.350%, 11/15/2019		420,000		439,481
Endurance Specialty Holdings, Ltd.
7.000%, 07/15/2034		800,000		754,261
Financial Security
Assurance Holdings, Ltd.
6.400%, 12/15/2066 (P)(S)		795,000		548,550
Foundation Re II, Ltd.
7.000%, 11/26/2010 (P)(S)		250,000		248,591
Genworth Financial, Inc.
6.150%, 11/15/2066 (P)		500,000		346,250
6.515%, 05/22/2018		600,000		565,070
Hartford Financial Services Group, Inc.
4.625%, 07/15/2013		8,000		8,264
Horace Mann Educators Corp.
6.850%, 04/15/2016		335,000		339,600
Liberty Mutual Group, Inc.
6.500%, 03/15/2035 (S)		683,000		580,641
7.300%, 06/15/2014 (S)		380,000		402,922
7.500%, 08/15/2036 (S)		1,470,000		1,400,384
7.800%, 03/15/2037 (S)		455,000		389,025
Lincoln National Corp.
6.050%, 04/20/2067 (P)		495,000		380,531
7.000%, 05/17/2066 (P)		555,000		473,859
8.750%, 07/01/2019		3,600,000		4,340,610


The accompanying notes are an integral part of the financial statements.	20

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Insurance (continued)
Markel Corp.
6.800%, 02/15/2013	$	325,000	$	348,944
Massachusetts Mutual Life
Insurance Company
8.875%, 06/01/2039 (S)		220,000		271,655
MetLife, Inc.
6.750%, 06/01/2016		495,000		549,932
Metropolitan Life Global Funding I
5.125%, 04/10/2013 (S)		405,000		437,438
New York Life Insurance Company
6.750%, 11/15/2039 (S)		730,000		786,571
Oil Casualty Insurance, Ltd.
8.000%, 09/15/2034 (S)		1,873,000		1,545,412
Pacific Life Insurance Company
9.250%, 06/15/2039 (S)		940,000		1,123,973
Progressive Corp., (6.700% to 06/15/2017,
then 3 month LIBOR +201.75 bps)
maturing at 06/15/2067		225,000		209,016
Prudential Financial, Inc.
4.750%, 04/01/2014		227,000		237,641
6.200%, 01/15/2015		555,000		610,719
Prudential Financial, Inc., Series D
5.150%, 01/15/2013		540,000		574,917
Prudential Financial, Inc., Series MTND
7.375%, 06/15/2019		1,195,000		1,374,087
QBE Insurance Group, Ltd.
9.750%, 03/14/2014 (S)		301,000		361,812
StanCorp Financial Group, Inc.
6.900%, 06/01/2067 (P)		650,000		529,393
Symetra Financial Corp.
6.125%, 04/01/2016 (S)		350,000		341,476
Teachers Insurance & Annuity Association
of America
6.850%, 12/16/2039 (S)		680,000		732,814
The Travelers Companies, Inc.
6.250%, 03/15/2037 (P)		2,500,000		2,382,123
Transatlantic Holdings, Inc.
5.750%, 12/14/2015		575,000		599,503
Unum Group
7.125%, 09/30/2016		510,000		544,353
UnumProvident Finance Company PLC
6.850%, 11/15/2015 (S)		685,000		733,346
W.R. Berkley Corp.
5.125%, 09/30/2010		900,000		910,127
5.600%, 05/15/2015		335,000		347,748
6.150%, 08/15/2019		14,000		14,039
White Mountains Re Group, Ltd.
7.506%, 05/29/2049 (P)(S)		1,540,000		1,300,330
XL Capital, Ltd., Series E
6.500%, 12/31/2049 (P)		275,000		215,545

				34,554,805
Internet - 0.03%
Equinix, Inc.
8.125%, 03/01/2018		215,000		215,000
Iron & Steel - 0.17%
Allegheny Technologies, Inc.
9.375%, 06/01/2019		300,000		352,546
ArcelorMittal
9.850%, 06/01/2019		600,000		755,976

				1,108,522
Leisure Time - 0.12%
Royal Caribbean Cruises, Ltd.
7.000%, 06/15/2013		835,000		828,738


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Lodging - 0.21%
Little Traverse Bay Bands of
Odawa Indians
10.250%, 02/15/2014 (H)(S)	$	460,000	$	116,150
Marriott International, Inc.
4.625%, 06/15/2012		26,000		26,884
MTR Gaming Group, Inc.
12.625%, 07/15/2014 (S)		170,000		164,050
MTR Gaming Group, Inc., Series B
9.000%, 06/01/2012		470,000		371,300
Starwood Hotels & Resorts
Worldwide, Inc.
6.250%, 02/15/2013		68,000		70,210
Turning Stone Resort Casino Enterprises
9.125%, 09/15/2014 (S)		620,000		620,000

				1,368,594
Machinery-Construction & Mining - 0.06%
Terex Corp.
10.875%, 06/01/2016		350,000		382,375
Machinery-Diversified - 0.09%
Altra Holdings, Inc.
8.125%, 12/01/2016 (S)		255,000		261,375
Case New Holland, Inc.
7.750%, 09/01/2013 (S)		330,000		331,650

				593,025
Media - 2.05%
Cablevision Systems Corp.
8.625%, 09/15/2017 (S)		125,000		128,750
CCH II LLC / CCH II Capital Corp.
13.500%, 11/30/2016 (S)		213,588		250,165
Comcast Cable Holdings LLC
9.800%, 02/01/2012		730,000		831,745
COX Communications, Inc.
4.625%, 06/01/2013		340,000		360,510
5.450%, 12/15/2014		218,000		239,178
6.750%, 03/15/2011		209,000		219,926
CSC Holdings, Inc.
7.875%, 02/15/2018		490,000		510,825
DirecTV Holdings LLC
4.750%, 10/01/2014 (S)		370,000		386,799
7.625%, 05/15/2016		470,000		515,238
Grupo Televisa SA
6.625%, 01/15/2040 (S)		385,000		378,374
News America Holdings, Inc.
6.750%, 01/09/2038		2,000		2,103
7.750%, 12/01/2045		9,000		10,570
8.250%, 08/10/2018		375,000		459,172
News America, Inc.
6.650%, 11/15/2037		865,000		916,962
6.900%, 03/01/2019		285,000		327,389
Time Warner Cable, Inc.
6.550%, 05/01/2037		550,000		570,642
6.750%, 07/01/2018		1,385,000		1,549,024
Time Warner Companies, Inc.
7.570%, 02/01/2024		34,000		38,663
Time Warner Entertainment Company LP
8.375%, 03/15/2023 to 07/15/2033		870,000		1,061,617
Time Warner, Inc.
7.625%, 04/15/2031		9,000		10,486
Viacom, Inc.
6.875%, 04/30/2036		760,000		814,564
Videotron Ltee
7.125%, 01/15/2020 (S)		600,000		588,008


The accompanying notes are an integral part of the financial statements.	21

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Media (continued)
Vivendi SA
5.750%, 04/04/2013 (S)	$	2,515,000	$	2,719,578
XM Satellite Radio, Inc.
11.250%, 06/15/2013 (S)		100,000		106,500
13.000%, 08/01/2013 (S)		635,000		695,325

				13,692,113
Metal Fabricate/Hardware - 0.08%
Commercial Metals Company
7.350%, 08/15/2018		405,000		426,019
Severstal Columbus LLC
10.250%, 02/15/2018 (S)		125,000		125,313

				551,332
Mining - 0.68%
Alcan, Inc.
5.000%, 06/01/2015		6,000		6,302
Alcoa, Inc.
5.720%, 02/23/2019		150,000		136,524
CII Carbon LLC
11.125%, 11/15/2015 (S)		605,000		603,488
Corporacion Nacional del Cobre
5.500%, 10/15/2013 (S)		209,000		228,229
Rio Tinto Alcan, Inc.
6.125%, 12/15/2033		520,000		526,140
Rio Tinto Finance USA, Ltd.
8.950%, 05/01/2014		480,000		582,456
Teck Resources, Ltd.
10.750%, 05/15/2019		1,190,000		1,463,700
Vale Overseas, Ltd.
6.875%, 11/10/2039		465,000		473,613
Vedanta Resources PLC
8.750%, 01/15/2014 (S)		465,000		490,575

				4,511,027
Miscellaneous Manufacturers - 0.89%
Colt Defense LLC
8.750%, 11/15/2017 (S)		150,000		147,750
Eaton Corp.
4.900%, 05/15/2013		450,000		483,328
General Electric Company
5.000%, 02/01/2013		887,000		951,960
Parker Hannifin Corp.
5.500%, 05/15/2018		1,000,000		1,074,661
Textron, Inc.
5.600%, 12/01/2017		650,000		648,385
Trimas Corp.
9.750%, 12/15/2017 (S)		130,000		130,650
Tyco Electronics Group SA
6.000%, 10/01/2012		410,000		443,825
6.550%, 10/01/2017		910,000		1,001,450
7.125%, 10/01/2037		501,000		542,240
Tyco International Finance SA
8.500%, 01/15/2019		400,000		501,437

				5,925,686
Office & Business Equipment - 0.15%
Xerox Corp.
6.750%, 02/01/2017		435,000		483,208
8.250%, 05/15/2014		420,000		494,690

				977,898
Oil & Gas - 2.24%
Anadarko Finance Company
7.500%, 05/01/2031		900,000		1,013,786


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Oil & Gas (continued)
Anadarko Petroleum Corp.
6.450%, 09/15/2036	$	1,000,000	$	1,048,405
8.700%, 03/15/2019		500,000		628,571
Apache Corp.
6.900%, 09/15/2018		455,000		539,104
CNOOC Finance 2003, Ltd.
5.500%, 05/21/2033 (S)		10,000		10,346
Devon Energy Corp.
5.625%, 01/15/2014		400,000		441,056
Devon Financing Corp.
6.875%, 09/30/2011		205,000		222,479
7.875%, 09/30/2031		1,060,000		1,319,578
EnCana Corp.
6.500%, 08/15/2034		1,000,000		1,066,325
EQT Corp.
8.125%, 06/01/2019		380,000		454,748
Gibson Energy Holdings ULC
10.000%, 01/15/2018 (S)		315,000		307,125
Marathon Oil Corp.
6.800%, 03/15/2032		760,000		814,367
McMoRan Exploration Company
11.875%, 11/15/2014		245,000		262,150
Motiva Enterprises LLC
6.850%, 01/15/2040 (S)		320,000		345,794
Nexen, Inc.
5.875%, 03/10/2035		212,000		202,261
6.400%, 05/15/2037		625,000		631,381
NuStar Logistics LP
7.650%, 04/15/2018		470,000		536,394
Pemex Project Funding Master Trust
1.554%, 06/15/2010 (P)(S)		218,000		218,000
Petro-Canada
6.050%, 05/15/2018		716,000		774,862
Petrobras International Finance Company
5.750%, 01/20/2020		205,000		206,784
Petroleos Mexicanos
4.875%, 03/15/2015 (S)		675,000		686,138
Premcor Refining Group, Inc.
7.500%, 06/15/2015		4,000		4,100
Ras Laffan Liquefied Natural Gas
Company, Ltd. III
5.838%, 09/30/2027 (S)		330,000		327,202
Suncor Energy, Inc.
6.100%, 06/01/2018		760,000		825,850
Talisman Energy, Inc.
6.250%, 02/01/2038		1,150,000		1,152,945
Valero Logistics Operations LP
6.050%, 03/15/2013		248,000		268,471
Woodside Finance, Ltd.
4.500%, 11/10/2014 (S)		590,000		609,775

				14,917,997
Oil & Gas Services - 0.23%
BJ Services Company
6.000%, 06/01/2018		880,000		951,749
Weatherford International, Ltd.
6.500%, 08/01/2036		600,000		598,452

				1,550,201
Packaging & Containers - 0.14%
BWAY Corp.
10.000%, 04/15/2014 (S)		435,000		448,050
Graphic Packaging International, Inc.
9.500%, 06/15/2017		225,000		236,250


The accompanying notes are an integral part of the financial statements.	22

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Packaging & Containers (continued)
Solo Cup Company
10.500%, 11/01/2013	$	145,000	$	151,888
U.S. Corrugated, Inc.
10.000%, 06/12/2013		110,000		94,050

				930,238
Pharmaceuticals - 0.64%
Allergan, Inc.
5.750%, 04/01/2016		400,000		445,938
Medco Health Solutions, Inc.
7.250%, 08/15/2013		1,630,000		1,862,132
Merck & Company, Inc.
5.300%, 12/01/2013		218,000		241,981
Teva Pharmaceutical Finance LLC
5.550%, 02/01/2016		170,000		185,208
6.150%, 02/01/2036		170,000		178,857
Watson Pharmaceuticals, Inc.
6.125%, 08/15/2019		580,000		616,077
Wyeth
5.500%, 03/15/2013		670,000		739,645

				4,269,838
Pipelines - 3.78%
Buckeye Partners LP
5.125%, 07/01/2017		225,000		225,300
CenterPoint Energy Resources Corp.
6.000%, 05/15/2018		1,000,000		1,049,839
7.875%, 04/01/2013		235,000		270,896
DCP Midstream LLC
9.750%, 03/15/2019 (S)		595,000		753,952
Duke Capital LLC
6.750%, 02/15/2032		511,000		533,164
Enbridge Energy Partners LP
6.500%, 04/15/2018		600,000		660,536
7.500%, 04/15/2038		600,000		700,456
Energy Transfer Partners LP
6.700%, 07/01/2018		1,000,000		1,097,417
7.500%, 07/01/2038		1,440,000		1,602,965
8.500%, 04/15/2014		375,000		438,906
9.700%, 03/15/2019		505,000		636,220
Enterprise Products Operating LLC
6.875%, 03/01/2033		209,000		227,518
Enterprise Products Operating LLC
(7.034% to 01/15/18 then greater of
3 month LIBOR + 268 bps or 7.034%)
maturing at 01/15/2068		405,000		383,738
Enterprise Products Operating LLC
(7.000% to 06/01/2017 then 3 month
LIBOR + 277.75 bps)
maturing at 06/01/2067		705,000		638,025
Enterprise Products Operating LP
4.950%, 06/01/2010		210,000		211,752
6.300%, 09/15/2017		820,000		908,328
Gulf South Pipeline Company LP
5.750%, 08/15/2012 (S)		350,000		373,546
Kinder Morgan Energy Partners LP
5.800%, 03/15/2035		208,000		197,992
6.950%, 01/15/2038		540,000		591,060
7.300%, 08/15/2033		212,000		233,622
7.750%, 03/15/2032		200,000		231,129
9.000%, 02/01/2019		330,000		416,679
MarkWest Energy Partners LP, Series B
8.500%, 07/15/2016		315,000		316,575
NGPL Pipeco LLC
7.119%, 12/15/2017 (S)		1,670,000		1,899,951


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Pipelines (continued)
ONEOK Partners LP
6.150%, 10/01/2016	$	728,000	$	787,402
6.650%, 10/01/2036		1,245,000		1,307,408
Plains All American Pipeline LP
8.750%, 05/01/2019		500,000		618,104
Regency Energy Partners LP
9.375%, 06/01/2016 (S)		405,000		427,275
Spectra Energy Capital LLC
6.200%, 04/15/2018		3,515,000		3,823,515
Texas Eastern Transmission LP
6.000%, 09/15/2017 (S)		685,000		753,143
Texas Gas Transmission LLC
5.500%, 04/01/2013 (S)		1,000,000		1,071,523
TransCanada Pipelines, Ltd.
7.125%, 01/15/2019		400,000		469,868
Williams Partners LP
7.250%, 02/01/2017		1,180,000		1,354,695

				25,212,499
Real Estate - 4.38%
AMB Property LP
6.625%, 12/01/2019		600,000		613,033
AvalonBay Communities, Inc.
5.500%, 01/15/2012		319,000		336,516
Boston Properties LP
5.875%, 10/15/2019		325,000		337,256
Boston Properties, Ltd.
6.250%, 01/15/2013		215,000		235,834
Brandywine Operating Partnership LP
7.500%, 05/15/2015		425,000		449,885
BRE Properties, Inc.
5.500%, 03/15/2017		1,430,000		1,383,722
Camden Property Trust
5.000%, 06/15/2015		216,000		214,906
Colonial Properties Trust
6.250%, 06/15/2014		211,000		209,806
Developers Diversified Realty Corp.
4.625%, 08/01/2010		22,000		21,980
5.375%, 10/15/2012		1,500,000		1,480,569
Dexus Property Group
7.125%, 10/15/2014 (S)		465,000		495,538
Duke Realty LP
5.950%, 02/15/2017		1,505,000		1,479,629
6.250%, 05/15/2013		1,000,000		1,060,535
8.250%, 08/15/2019		650,000		712,965
ERP Operating LP
5.125%, 03/15/2016		670,000		684,186
5.750%, 06/15/2017		775,000		802,890
6.625%, 03/15/2012		748,000		807,227
HCP, Inc.
6.300%, 09/15/2016		1,000,000		1,003,828
Health Care Property Investors, Inc.
4.875%, 09/15/2010		229,000		233,010
Health Care REIT, Inc.
6.200%, 06/01/2016		680,000		689,070
Health Care, Inc.
6.000%, 11/15/2013		215,000		226,886
Healthcare Realty Trust, Inc.
6.500%, 01/17/2017		580,000		597,891
8.125%, 05/01/2011		360,000		381,545
Hospitality Properties Trust
6.750%, 02/15/2013		1,212,000		1,272,972
HRPT Properties Trust
6.650%, 01/15/2018		200,000		197,496


The accompanying notes are an integral part of the financial statements.	23

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Real Estate (continued)
Kimco Realty Corp.
5.700%, 05/01/2017	$	690,000	$	695,026
6.875%, 10/01/2019		545,000		584,013
Mack-Cali Realty Corp.
7.750%, 08/15/2019		305,000		337,035
ProLogis
5.500%, 04/01/2012 to 03/01/2013		1,665,000		1,730,288
5.625%, 11/15/2015 to 11/15/2016		1,550,000		1,521,237
5.750%, 04/01/2016		755,000		745,914
6.625%, 05/15/2018		480,000		476,632
7.625%, 08/15/2014		760,000		826,243
Realty Income Corp.
5.950%, 09/15/2016		560,000		569,459
Simon Property Group LP
5.625%, 08/15/2014		935,000		1,004,237
5.750%, 12/01/2015		530,000		568,460
5.875%, 03/01/2017		595,000		622,369
10.350%, 04/01/2019		330,000		421,567
WEA Finance LLC
5.400%, 10/01/2012 (S)		1,670,000		1,782,977
6.750%, 09/02/2019 (S)		290,000		310,930
Westfield Capital Corp., Ltd.
4.375%, 11/15/2010(S)		1,004,000		1,030,801

				29,156,363
Retail - 1.13%
Arcos Dorados BV
7.500%, 10/01/2019 (S)		350,000		350,455
Burlington Coat Factory Warehouse Corp.
11.125%, 04/15/2014		550,000		559,625
CVS Caremark Corp.
0.552%, 06/01/2010 (P)		900,000		900,329
6.125%, 08/15/2016		515,000		568,901
6.302%, 06/01/2037 (P)		1,035,000		947,025
CVS Pass-Through Trust
8.353%, 07/10/2031 (S)		366,453		423,770
Darden Restaurants, Inc.
6.800%, 10/15/2037		835,000		893,822
Macy’s Retail Holdings, Inc.
8.875%, 07/15/2015		500,000		548,750
Staples, Inc.
9.750%, 01/15/2014		565,000		690,837
Toys R Us Property Company LLC
8.500%, 12/01/2017 (S)		140,000		141,400
Yum! Brands, Inc.
6.250%, 03/15/2018		405,000		446,023
6.875%, 11/15/2037		965,000		1,064,274

				7,535,211
Savings & Loans - 0.04%
Sovereign Capital Trust VI
7.908%, 06/13/2036		295,000		274,664
Software - 0.07%
Fiserv, Inc.
6.800%, 11/20/2017		430,000		486,403
Storage/Warehousing - 0.08%
Niska Gas Storage US LLC
8.875%, 03/15/2018 (S)		510,000		510,000
Telecommunications - 2.72%
America Movil SAB de CV
5.750%, 01/15/2015		505,000		551,330
American Tower Corp.
4.625%, 04/01/2015		320,000		331,555


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications (continued)
AT&T Wireless Services, Inc.
8.750%, 03/01/2031	$	209,000	$	269,341
AT&T, Inc.
5.600%, 05/15/2018		500,000		533,340
5.625%, 06/15/2016		12,000		13,183
6.300%, 01/15/2038		500,000		509,222
Axtel SAB de CV
9.000%, 09/22/2019 (S)		195,000		198,413
BellSouth Corp.
6.000%, 11/15/2034		820,000		806,435
6.550%, 06/15/2034		420,000		436,658
British Telecommunications PLC
5.950%, 01/15/2018		10,000		10,353
Cincinnati Bell, Inc.
8.375%, 01/15/2014		515,000		518,863
Cisco Systems, Inc.
5.500%, 02/22/2016		510,000		574,890
Citizens Communications Company
6.250%, 01/15/2013		481,000		482,203
9.000%, 08/15/2031		900,000		873,000
Crown Castle International Corp.
7.125%, 11/01/2019		220,000		220,000
Deutsche Telekom International
Finance BV
6.750%, 08/20/2018		870,000		974,449
7.125%, 07/11/2011		1,000		1,459
8.500%, 06/15/2010		222,000		226,886
8.750%, 06/15/2030		227,000		287,697
Digicel Group, Ltd.
8.875%, 01/15/2015 (S)		400,000		382,000
12.000%, 04/01/2014 (S)		305,000		340,075
Embarq Corp.
7.995%, 06/01/2036		1,270,000		1,352,108
France Telecom SA
7.750%, 03/01/2011		20,000		21,340
Frontier Communications Corp.
8.250%, 05/01/2014		460,000		472,650
Inmarsat Finance PLC
7.375%, 12/01/2017 (S)		110,000		112,750
Intelsat Jackson Holdings, Ltd.
11.500%, 06/15/2016		320,000		340,800
Level 3 Financing, Inc.
10.000%, 02/01/2018 (S)		95,000		87,163
NII Capital Corp.
8.875%, 12/15/2019 (S)		435,000		444,788
10.000%, 08/15/2016 (S)		310,000		336,350
Qwest Corp.
7.875%, 09/01/2011		315,000		333,113
Rogers Wireless, Inc.
9.625%, 05/01/2011		8,000		8,745
SBA Telecommunications, Inc.
8.000%, 08/15/2016 (S)		130,000		135,200
SBC Communications, Inc.
5.100%, 09/15/2014		16,000		17,419
6.450%, 06/15/2034		580,000		593,593
Singapore Telecommunications, Ltd.
6.375%, 12/01/2011 (S)		9,000		9,735
Sprint Capital Corp.
6.875%, 11/15/2028		900,000		681,750
8.375%, 03/15/2012		207,000		211,399
8.750%, 03/15/2032		685,000		604,513
Telecom Italia Capital SA
6.175%, 06/18/2014		345,000		375,816
7.200%, 07/18/2036		650,000		679,149


The accompanying notes are an integral part of the financial statements.	24

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications (continued)
Verizon Communications, Inc.
6.100%, 04/15/2018	$	910,000	$	996,828
6.900%, 04/15/2038		450,000		500,037
Verizon of New York, Inc., Series A
6.875%, 04/01/2012		15,000		16,443
Verizon Wireless Capital LLC
7.375%, 11/15/2013		360,000		417,884
West Corp.
11.000%, 10/15/2016		815,000		817,038

				18,107,963
Tobacco - 0.46%
Alliance One International, Inc.
8.500%, 05/15/2012		190,000		192,850
10.000%, 07/15/2016 (S)		510,000		530,400
Philip Morris International, Inc.
4.875%, 05/16/2013		300,000		323,164
5.650%, 05/16/2018		920,000		994,455
Reynolds American, Inc.
7.250%, 06/01/2013		930,000		1,032,265

				3,073,134
Transportation - 0.56%
CMA CGM SA
7.250%, 02/01/2013 (S)		455,000		291,200
CSX Corp.
5.500%, 08/01/2013		520,000		566,352
7.375%, 02/01/2019		727,000		850,463
Kansas City Southern de Mexico SA
de CV
8.000%, 02/01/2018 (S)		285,000		281,438
9.375%, 05/01/2012		187,000		192,610
Navios Maritime Holdings, Inc.
9.500%, 12/15/2014		385,000		381,150
RailAmerica, Inc.
9.250%, 07/01/2017		330,000		346,088
Union Pacific Corp.
5.700%, 08/15/2018		785,000		836,677

				3,745,978
Trucking&Leasing - 0.12%
GATX Corp.
8.750%, 05/15/2014		710,000		819,783
Water - 0.19%
American Water Capital Corp.
6.085%, 10/15/2017		600,000		649,637
Veolia Environnement
6.000%, 06/01/2018		600,000		645,113

				1,294,750

TOTAL CORPORATE BONDS (Cost $319,662,675)			$	338,996,548


MUNICIPAL BONDS - 0.29%
District of Columbia - 0.19%
George Washington University
5.095%, 09/15/2032		1,175,000		1,258,919
New Jersey - 0.10%
New Jersey State Turnpike Authority
7.414%, 01/01/2040		540,000		641,979

TOTAL MUNICIPAL BONDS (Cost $1,767,699)			$	1,900,898


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS - 13.60%
American Home Mortgage Assets
Series 2006-6, Class A1A,
0.419%, 12/25/2046 (P)	$	459,946	$	237,424
Series 2006-6, Class XP IO,
2.741%, 12/25/2046		7,443,637		325,659
Series 2007-5, Class XP IO,
3.131%, 06/25/2047		2,944,766		158,281
American Home Mortgage
Investment Trust
Series 2007-1, Class GIOP IO,
2.078%, 05/25/2047		5,767,252		338,826
Series 2004-4, Class 5A,
2.231%, 02/25/2045 (P)		500,404		406,556
American Tower Trust
Series 2007-1A, Class C,
5.615%, 04/15/2037 (S)		660,000		693,000
Series 2007-1A, Class D,
5.957%, 04/15/2037 (S)		535,000		561,750
Banc of America Commercial
Mortgage, Inc.
Series 2004-4, Class A3,
4.128%, 07/10/2042		7,658		7,660
Series 2005-2, Class A3,
4.611%, 07/10/2043		142,623		142,952
Series 2005-2, Class A4,
4.783%, 07/10/2043 (P)		1,780,000		1,834,825
Series 2005-2, Class AJ,
4.953%, 07/10/2043 (P)		50,846		42,219
Series 2006-1, Class AM,
5.421%, 09/10/2045 (P)		1,600,000		1,383,111
Series 2006-3, Class A4,
5.889%, 07/10/2044 (P)		1,930,000		1,832,068
Banc of America Funding Corp.
Series 2007-E, Class 4A1,
5.710%, 07/20/2047 (P)		321,629		210,997
Series 2006-B, Class 6A1,
5.827%, 03/20/2036 (P)		404,068		280,534
Banc of America Large Loan
Series 2006-BIX1, Class C,
0.412%, 10/15/2019 (P)(S)		1,000,000		834,953
Series 2005-MIB1, Class B,
0.492%, 03/15/2022 (P)(S)		895,000		790,402
Bank of America Commercial Mortgage,
Inc., Series 2005-5, Class XC IO
0.067%, 10/10/2045 (S)		81,001,872		306,989
Bear Stearns Alt-A Trust,
Series 2005-3, Class B2
3.177%, 04/25/2035 (P)		178,611		10,682
Bear Stearns Asset Backed Securities,
Inc., Series 2003-AC4, Class A
5.500%, 09/25/2033 (P)		7,659		6,859
Bear Stearns Commercial Mortgage
Securities, Inc.
Series 2005-PWR8, Class X1 IO,
0.202%, 06/11/2041 (S)		65,947,921		1,034,314
Series 2004-PWR6, Class X1 IO,
0.255%, 11/11/2041 (S)		56,140,757		820,581
4.997%, 06/11/2041 (P)(S)		665,000		282,504
Bear Stearns Commercial Mortgage
Securities, Inc.
Series 2004-PWR5, Class X1 IO,
0.059%, 07/11/2042		424,359		7,038
Series 2004-T16, Class X1 IO,
0.242%, 02/13/2046 (S)		509,694		8,270


The accompanying notes are an integral part of the financial statements.	25

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Bear Stearns Commercial Mortgage Securities,
Inc. (continued)
Series 2006-BBA7, Class G,
0.672%, 03/15/2019 (P)(S)	$	700,000	$	393,439
Series 2005-PWR8, Class AJ,
4.750%, 06/11/2041		47,292		37,701
Series 2006-PW14, Class D,
5.412%, 12/11/2038 (S)		400,000		134,206
Series 2006-T24, Class AY IO,
5.490%, 10/12/2041 (S)		26,954,986		347,948
Bear Stearns Mortgage Funding Trust
Series 2006-AR4, Class A1,
0.439%, 12/25/2036 (P)		1,680,837		850,018
Series 2006-AR1, Class 2A1,
0.449%, 08/25/2036 (P)		350,214		177,883
Chase Commercial Mortgage Securities
Corp., Series 2000-2, Class C
7.928%, 07/15/2032 (P)		29,619		29,885
Chaseflex Trust, Series 2005-2, Class 4A1
5.000%, 05/25/2020		187,354		169,380
Citigroup Commercial Mortgage Trust,
Series 2006-C4, Class A3
5.727%, 03/15/2049 (P)		700,000		732,123
Citigroup Mortgage Loan Trust, Inc.
Series 2005-5, Class 2A3,
5.000%, 08/25/2035		168,116		160,394
Series 2005-10, Class 1A5A,
5.718%, 12/25/2035 (P)		305,251		207,392
Citigroup/Deutsche Bank Commercial
Mortgage Trust
Series 2005-CD1, Class C,
5.225%, 07/15/2044 (P)		190,000		108,514
Series 2006-CD2, Class AM,
5.410%, 01/15/2046 (P)		1,000,000		854,235
Series 2007-CD5, Class A4,
5.886%, 11/15/2044 (P)		1,715,125		1,645,060
Citigroup/Deutsche Bank Commercial
Mortgage Trust,
Series 2005-CD1, Class A4
5.225%, 07/15/2044 (P)		360,000		373,417
Commercial Mortgage Pass
Through Certificates
Series 2003-LB1A, Class A2,
4.084%, 06/10/2038		424,859		434,158
Series 2007-C9, Class A4,
5.816%, 12/10/2049 (P)		1,685,000		1,635,929
Countrywide Alternative Loan Trust,
Series 2006-11CB,
Class 3A1 ,Class 3A1
6.500%, 05/25/2036		796		806
Countrywide Home Loan Mortgage Pass
Through Trust,
Series 2004-HYB2, Class 4A
2.969%, 07/20/2034 (P)		1,054,717		1,032,604
Credit Suisse Mortgage
Capital Certificates
Series 2006-TFLA, Class A2,
0.392%, 04/15/2021 (P)(S)		1,335,000		1,177,432
Series 2006-TFLA, Class B,
0.462%, 04/15/2021 (P)(S)		870,000		739,689
Crown Castle Towers LLC
Series 2006-1A, Class F,
6.650%, 11/15/2036 (S)		915,000		965,325
Series 2006-1A, Class G,
6.795%, 11/15/2036 (S)		1,225,000		1,292,375


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
CS First Boston Mortgage
Securities Corp.
Series 2005-C1, Class AX IO,
0.155%, 02/15/2038 (S)	$	86,808,863	$	793,008
Series 2004-C4, Class A4,
4.283%, 10/15/2039		160,860		163,075
Series 2005-C1, Class A3,
4.813%, 02/15/2038		670,000		673,084
Series 2001-CKN5, Class A4,
5.435%, 09/15/2034		254,115		262,878
Series 2002-CKN2, Class A3,
6.133%, 04/15/2037		144,746		153,447
Series 2001-CP4, Class A4,
6.180%, 12/15/2035		1,279,684		1,327,834
Federal Home Loan Mortgage Corp.,
Series T-41, Class 3A
7.500%, 07/25/2032		2,971		3,274
First Horizon Alternative
Mortgage Securities
Series 2004-AA2, Class 2A1,
2.467%, 08/25/2034 (P)		1,382,278		1,134,751
Series 2004-AA5, Class B1,
2.636%, 12/25/2034 (P)		125,792		9,856
Series 2006-RE1, Class A1,
5.500%, 05/25/2035		690,504		520,036
GE Capital Commercial Mortgage Corp.
Series 2005-C1, Class XC IO,
0.254%, 06/10/2048 (S)		1,391,641		18,564
Series 2005-C1, Class AJ,
4.826%, 06/10/2048 (P)		1,175,000		915,646
Series 2005-C2, Class C,
5.133%, 05/10/2043 (P)		43,737		25,294
Series 2002-2A, Class A3,
5.349%, 08/11/2036		164,809		173,341
Series 2001-3, Class A2,
6.070%, 06/10/2038		22,214		23,382
Global Tower Partners Acquisition
Partners LLC, Series 2007-1A, Class F
7.050%, 05/15/2037 (S)		135,000		138,085
GMAC Commercial Mortgage Securities,
Inc., Series 2003-C2, Class B
5.501%, 05/10/2040 (P)		1,370,000		1,359,972
GMAC Mortgage Corp. Loan Trust,
Series 2006-AR1, Class 2A1
5.579%, 04/19/2036 (P)		225,036		173,687
Greenpoint Mortgage Funding Trust
Series 2005-AR1, Class A3,
0.509%, 06/25/2045 (P)		108,156		33,055
Series 2005-AR4, Class 4A2,
0.589%, 10/25/2045 (P)		486,690		127,516
Series 2006-AR1, Class A2A,
0.599%, 02/25/2036 (P)		772,566		231,671
Greenwich Capital Commercial
Funding Corp.
Series 2005-GG3, Class XC IO,
0.366%, 08/10/2042 (S)		54,066,482		767,766
Series 2002-C1, Class A2,
4.112%, 01/11/2017		146,763		149,619
Series 2007-GG9, Class C,
5.554%, 03/10/2039 (P)		315,000		83,364
Series 2007-GG9, Class F,
5.633%, 03/10/2039 (P)		170,000		29,757
Greenwich Capital Commercial Funding
Corp., Series 2007-GG9, Class A4
5.444%, 03/10/2039		1,790,000		1,700,513


The accompanying notes are an integral part of the financial statements.	26

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
GS Mortgage Securities Corp. II
Series 2005-GG4, Class XC IO,
0.304%, 07/10/2039 (S)	$	1,893,638	$	31,825
Series 2004-GG2, Class E,
5.578%, 08/10/2038 (P)		800,000		411,798
GSR Mortgage Loan Trust
Series 2004-14, Class 3A2,
3.506%, 12/25/2034 (P)		318,371		213,235
Series 2004-9, Class B1,
3.904%, 08/25/2034 (P)		280,295		109,475
Series 2006-AR1, Class 3A1,
5.344%, 01/25/2036 (P)		615,518		511,610
Harborview Mortgage Loan Trust
Series 2007-6, Class ES IO,
0.342%, 08/19/2037 (S)		9,217,756		74,664
Series 2007-3, Class ES IO,
0.350%, 05/19/2047		11,609,872		94,040
Series 2007-4, Class ES IO,
0.350%, 07/19/2047		12,498,393		101,237
Series 2005-16, Class 2A1B,
0.559%, 01/19/2036 (P)		291,496		81,975
Series 2006-SB1, Class A1A,
1.331%, 12/19/2036 (P)		579,361		240,576
Series 2005-8, Class 1X IO,
2.421%, 09/19/2035 (P)		4,375,154		170,904
Series 2005-11, Class X IO,
2.550%, 08/19/2045 (P)		3,613,833		146,722
IndyMac Index Mortgage Loan Trust
Series 2005-AR18, Class 2X IO,
2.254%, 10/25/2036		12,447,604		443,135
Series 2005-AR18, Class 1X IO,
2.520%, 10/25/2036		9,683,343		333,107
Series 2005-AR5, Class B1,
4.114%, 05/25/2035 (P)		293,892		9,983
Series 2004-AR13, Class B1,
5.296%, 01/25/2035		182,100		26,584
JPMorgan Chase Commercial Mortgage
Securities Corp.
Series 2005-LDP2, Class A3,
4.697%, 07/15/2042		2,145,000		2,178,628
Series 2005-LDP2, Class A4,
4.738%, 07/15/2042		1,830,000		1,840,379
Series 2005-LDP3, Class A4B,
4.996%, 08/15/2042 (P)		1,495,000		1,342,809
Series 2005-LDP4, Class B,
5.129%, 10/15/2042 (P)		145,000		96,954
Series 2005-LDP5, Class A4,
5.179%, 12/15/2044 (P)		2,025,000		2,087,572
Series 2005-CB11, Class A3,
5.197%, 08/12/2037		1,175,000		1,210,275
Series 2007-LDPX, Class A2S,
5.305%, 01/15/2049		670,000		661,777
Series 2005-LDP5, Class G,
5.334%, 12/15/2044 (P)(S)		600,000		243,100
Series 2002-C1, Class A3,
5.376%, 07/12/2037		421,734		443,668
Series 2006-LDP8, Class AM,
5.440%, 05/15/2045		500,000		392,354
Series 2007-CB18, Class A4,
5.440%, 06/12/2047		1,635,000		1,535,769
Series 2006-LDP8, Class A3B,
5.447%, 05/15/2045		845,000		861,626
Series 2006-LDP7, Class A4,
5.874%, 04/15/2045 (P)		1,385,000		1,400,994


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
JPMorgan Mortgage Trust
Series 2005-S3, Class 2A2,
5.500%, 01/25/2021	$	282,095	$	269,061
Series 2006-A7, Class 2A5,
5.759%, 01/25/2037 (P)		572,145		107,473
Series 2005-S2, Class 2A16,
6.500%, 09/25/2035		160,561		144,103
LB-UBS Commercial Mortgage Trust
Series 2005-C1, Class XCL IO,
0.363%, 02/15/2040 (P)(S)		641,581		11,711
Series 2004-C1, Class XCL IO,
0.386%, 01/15/2036 (S)		24,096,664		584,568
Series 2005-C1, Class A2,
4.310%, 02/15/2030		326,021		327,112
Series 2005-C5, Class A2,
4.885%, 09/15/2030		58,053		58,091
Series 2005-C2, Class E,
5.293%, 04/15/2040 (P)		740,000		369,970
Series 2007-C7, Class A3,
5.866%, 09/15/2045 (P)		1,300,000		1,237,672
Series 2006-C4, Class A4,
5.882%, 06/15/2038 (P)		1,565,000		1,567,466
Series 2002-C1, Class A4,
6.462%, 03/15/2031		29,619		31,685
Series 2000-C4, Class A2,
7.370%, 08/15/2026		822,217		828,893
LB-UBS Commercial Mortgage Trust,
Series 2007-C2, Class A3
5.430%, 02/15/2040		2,230,000		2,078,268
Lehman XS Trust,
Series 2007-10H, Class 2A2
7.500%, 07/25/2037		1,645,586		996,543
Mastr Adjustable Rate Mortgages Trust
Series 2005-2, Class 2A1,
2.977%, 03/25/2035 (P)		1,019,140		564,081
Series 2004-13, Class 2A1,
3.002%, 04/21/2034 (P)		905,400		872,412
Series 2004-8, Class 5A1,
3.154%, 08/25/2034 (P)		571,536		528,372
Merrill Lynch Floating Trust,
Series 2006-1, Class A2
0.362%, 06/15/2022 (P)(S)		1,170,000		969,658
Merrill Lynch Mortgage Trust
Series 2005-CIP1, Class XC IO,
0.090%, 07/12/2038 (S)		215,570,319		1,057,437
Series 2006-C2, Class X IO,
0.364%, 08/12/2043 (S)		20,613,463		388,929
Series 2008-C1, Class X IO,
0.564%, 02/14/2051		33,052,739		800,121
Series 2004-KEY2, Class A4,
4.864%, 08/12/2039 (P)		31,988		32,021
Series 2005-CKI1, Class A1,
5.077%, 11/12/2037		142,333		143,545
Series 2005-CKI1, Class A6,
5.233%, 11/12/2037 (P)		435,000		450,103
Series 2006-C1, Class AM,
5.656%, 05/12/2039 (P)		1,000,000		856,937
Series 2008-C1, Class A4,
5.690%, 02/12/2051		1,080,000		992,096
Merrill Lynch/Countrywide Commercial
Mortgage Trust
Series 2007-5, Class A4,
5.378%, 08/12/2048		1,000,000		828,224
Series 2006-2, Class A4,
5.910%, 06/12/2046 (P)		785,000		810,737


The accompanying notes are an integral part of the financial statements.	27

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
MLCC Mortgage Investors, Inc.
Series 2007-3, Class M1,
5.922%, 09/25/2037 (P)	$	289,897	$	134,243
Series 2007-3, Class M2,
5.922%, 09/25/2037 (P)		109,962		45,828
Series 2007-3, Class M3,
5.922%, 09/25/2037 (P)		69,976		24,512
Morgan Stanley Capital I
Series 2005-T17, Class X1 IO,
0.190%, 12/13/2041 (S)		1,362,040		18,782
Series 2005-IQ9, Class X1,
0.316%, 07/15/2056 (P)(S)		639,540		18,209
Series 2007-SRR3, Class A,
0.529%, 12/20/2049 (P)(S)		1,000,000		70,000
Series 2007-SRR3, Class B,
0.629%, 12/20/2049 (P)(S)		1,000,000		40,000
Series 2004-T13, Class A2,
3.940%, 09/13/2045		9,202		9,271
Series 2005-HQ6, Class A2A,
4.882%, 08/13/2042		1,595,000		1,605,560
Series 2005-HQ7, Class A2,
5.207%, 11/14/2042 (P)		415,000		434,211
Series 2005-HQ7, Class AJ,
5.207%, 11/14/2042 (P)		1,500,000		1,203,588
Series 2005-HQ7, Class A4,
5.207%, 11/14/2042 (P)		415,000		426,660
Series 2005-IQ10, Class A4A,
5.230%, 09/15/2042 (P)		555,000		572,808
Series 2007-IQ13, Class A4,
5.364%, 03/15/2044		1,255,000		1,150,071
Series 2006-IQ12, Class E,
5.538%, 12/15/2043 (P)		390,000		91,618
Series 2007-T27, Class A4,
5.649%, 06/11/2042 (P)		275,000		279,362
Series 2006-IQ11, Class AJ,
5.775%, 10/15/2042 (P)		5,300,000		3,252,864
Series 2007-IQ15, Class A4,
5.880%, 06/11/2049 (P)		985,000		916,658
Provident Funding Mortgage Loan Trust,
Series 2005-1, Class B1
3.771%, 05/25/2035 (P)		305,834		85,644
Residential Accredit Loans, Inc.
Series 2005-QO4, Class X IO,
2.717%, 12/25/2045		10,885,450		401,673
Series 2004-QS16, Class 1A1,
5.500%, 12/25/2034		12,041		11,574
Series 2005-QA12, Class NB5,
5.942%, 12/25/2035 (P)		395,643		240,548
Salomon Brothers Mortgage Securities
VII, Series 2001-C1, Class A3
6.428%, 12/18/2035		20,675		21,369
SBA CMBS Trust,
Series 2006-1A, Class H
7.389%, 11/15/2036 (S)		745,000		773,869
Sequoia Mortgage Trust,
Series 2005-3, Class A1
0.429%, 05/20/2035 (P)		4,810		3,708
Structured Asset Securities Corp.,
Series 2003-6A, Class B1
3.332%, 03/25/2033 (P)		454,730		217,854
Timberstar Trust, Series 2006-1A, Class A
5.668%, 10/15/2036 (S)		900,000		918,000


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Wachovia Bank Commercial
Mortgage Trust
Series 2005-C17, Class XC IO,
0.114%, 03/15/2042 (S)	$	73,841,731	$	527,547
Series 2005-C19, Class AJ,
4.793%, 05/15/2044		37,517		30,819
Series 2005-C16, Class C,
4.985%, 10/15/2041 (P)		1,700,000		1,034,102
Series 2005-C22, Class E,
5.360%, 12/15/2044 (P)		915,000		310,435
Series 2006-C29, Class AJ,
5.368%, 11/15/2048 (P)		1,000,000		628,513
WAMU Commercial Mortgage
Securities Trust
Series 2006-SL1, Class A,
5.301%, 11/23/2043 (P)(S)		804,977		634,412
Series 2007-SL3, Class A,
5.939%, 03/23/2045 (P)(S)		524,569		439,593
Washington Mutual Mortgage Pass-
Through, Series 2005-1, Class 6A1
6.500%, 03/25/2035		14,110		12,664
Washington Mutual, Inc.
Series 2007-OA6, Class 1XPP IO,
0.764%, 07/25/2047		14,516,146		131,553
Series 2005-AR6, Class B1 IO,
0.829%, 04/25/2045 (P)		944,007		139,916
Series 2005-AR13, Class B1 IO,
0.829%, 10/25/2045 (P)		828,714		91,608
Series 2007-OA5, Class 1XPP IO,
0.836%, 06/25/2047		12,951,821		137,613
Series 2005-AR19, Class B1 IO,
0.929%, 12/25/2045 (P)		498,754		62,739
Series 2006-AR4, Class 1A1B IO,
1.411%, 05/25/2046 (P)		500,159		148,517
Series 2005-AR13, Class X IO,
1.771%, 10/25/2045		30,839,307		789,486
Series 2005-6, Class 1CB,
6.500%, 08/25/2035		190,233		136,492
Wells Fargo Mortgage Backed Securities
Trust, Series 2006-AR15, Class A3
5.572%, 10/25/2036 (P)		598,365		176,608

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $95,986,340)			$	90,656,007


ASSET BACKED SECURITIES - 2.31%
Alesco Preferred Funding, Ltd.,
Series 14A, Class B
0.899%, 09/23/2037 (P)(S)		930,000		46,500
Amresco Residential Securities Mortgage
Loan Trust, Series 1998-1, Class A6
6.510%, 08/25/2027		464		410
Anthracite, Ltd.
Series 2002-CIBA, Class A,
0.679%, 05/24/2017 (P)(S)		532,215		415,128
Series 2002-2A, Class B,
5.488%, 12/24/2037 (S)		600,000		438,000
Arbor Realty Mortgage Securities
Series 2006-1A, Class C,
0.849%, 01/26/2042 (P)(S)		370,000		29,600
Series 2006-1A, Class F,
1.299%, 01/26/2042 (P)(S)		615,000		73,874
Argent Securities,
Series 2004-W1, Class M3
1.679%, 03/25/2034 (P)		8,680		2,185


The accompanying notes are an integral part of the financial statements.	28

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
BAE Systems Asset Trust
6.664%, 09/15/2013 (S)	$	29,144	$	30,960
Bank of America Auto Trust,
Series 2009-1A, Class A4
3.520%, 06/15/2016 (S)		605,000		632,156
Bayview Financial Acquisition Trust,
Series 2006-A, Class 2A3
0.579%, 02/28/2041 (P)		593,598		477,362
BMW Vehicle Lease Trust,
Series 2009-1, Class A4
3.660%, 08/15/2013		710,000		735,843
Capital Trust Re CDO, Ltd.,
Series 2005-1A, Class B
0.699%, 03/20/2050 (P)(S)		400,000		35,000
Carrington Mortgage Loan Trust,
Series 2006-NC4, Class A5
0.289%, 10/25/2036 (P)		212,106		181,224
Cedarwoods Credit CDO, Ltd.,
Series 2007-2A, Class B, IO
0.609%, 02/25/2052 (P)(S)		1,000,000		95,320
Countrywide Asset-Backed Certificates,
Series 2006-3, Class 2A2
0.409%, 06/25/2036 (P)		897,758		750,403
Credit-Based Asset Servicing
and Securitization
Series 2006-CB2, Class AF2,
5.501%, 12/25/2036		517,183		386,985
Series 2006-MH1, Class B1,
6.250%, 10/25/2036 (P)(S)		460,000		289,960
Crest, Ltd.
Series 2002-IGA, Class A,
0.699%, 07/28/2017 (P)(S)		1,083,918		1,005,334
Series 2003-1A, Class B1,
1.202%, 05/28/2038 (P)(S)		600,000		258,000
Series 2000-1A, Class C,
7.750%, 08/31/2036 (S)		860,000		743,900
CW Capital Cobalt I,
Series 2005-1A, Class A1
0.532%, 05/25/2045 (P)(S)		401,702		129,187
DB Master Finance LLC
Series 2006-1, Class -A2,
5.779%, 06/20/2031 (S)		3,045,000		2,965,099
Series 2006-1, Class -M1,
8.285%, 06/20/2031 (S)		125,000		107,621
Dillon Read CMBS CDO, Ltd.,
Series 2006-1A, Class A3 IO
0.955%, 12/05/2046 (P)(S)		975,000		10
Dominos Pizza Master Issuer LLC
Series 2007-1, Class A2,
5.261%, 04/25/2037 (S)		715,000		634,815
Series 2007-1, Class M1,
7.629%, 04/25/2037 (S)		1,285,000		1,028,000
Equity One ABS, Inc.,
Series 2004-2, Class AV2
0.479%, 07/25/2034 (P)		647		442
Hertz Vehicle Financing LLC,
Series 2009-2A, Class A2
5.290%, 03/25/2016 (S)		730,000		756,641
Highland Park CDO, Ltd.,
Series 2006-1A, Class A2
0.652%, 11/25/2051 (P)(S)		1,230,000		190,576
JER CDO, Series 2006-2A, Class AFL
0.559%, 03/25/2045 (P)(S)		649,147		32,457
Lehman XS Trust
Series 2005-7N, Class 1A1B,
0.529%, 12/25/2035 (P)		696,503		219,291


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
Lehman XS Trust (continued)
Series 2006-2N, Class 1A2,
0.569%, 02/25/2046 (P)	$	1,231,333	$	259,951
Series 2005-5N, Class 3A2,
0.589%, 11/25/2035 (P)		534,829		192,997
LNR CDO, Ltd.,
Series 2006-1A, Class BFL
0.779%, 05/28/2043 (P)(S)		700,000		13,945
N-Star Real Estate CDO, Ltd.
0.579%, 07/27/2040 (P)(S)		700,000		329,000
Series 2006-7A, Class B,
0.609%, 06/22/2051 (P)(S)		900,000		45,000
Series 2006-8A, Class E,
0.979%, 02/01/2041 (P)(S)		475,000		28,500
Newcastle CDO, Ltd.,
Series 2005-7A, Class 2FL
0.729%, 12/24/2050 (P)(S)		570,000		28,500
North Street Referenced Linked Notes,
Series 2000-1A, Class C
1.999%, 04/28/2011 (P)(S)		290,831		2,908
Ownit Mortgage Loan
Series 2006-1, Class AF2,
5.290%, 12/25/2036 (P)		664,757		401,258
Series 2006-2, Class A2B,
5.633%, 01/25/2037 (P)		567,420		372,979
Prima Capital, Ltd.,
Series 2006-CR1A, Class A1
7.000%, 12/25/2048		631,520		442,064
RAIT Preferred Funding, Ltd.,
Series 2007-2A, Class B
1.029%, 06/25/2045 (P)(S)		685,000		143,850
Renaissance Home Equity Loan Trust
Series 2005-2, Class AF3,
4.499%, 08/25/2035 (P)		67,094		65,819
Series 2005-2, Class AF4,
4.934%, 08/25/2035 (P)		335,000		251,381
Salomon Brothers Mortgage Securities
VII, Series 2000-C3, Class A2
6.592%, 12/18/2033		101,060		102,268
Wells Fargo Home Equity Trust,
Series 2004-2, Class AI5
4.890%, 05/25/2034 (P)		49,000		48,294

TOTAL ASSET BACKED SECURITIES (Cost $27,129,352)			$	15,420,997


SUPRANATIONAL OBLIGATIONS - 0.04%
Honduras - 0.00%
Central American Bank for
Economic Integration
6.750%, 04/15/2013 (S)		12,000		13,010
Venezuela - 0.04%
Corporacion Andina de Fomento
5.200%, 05/21/2013		214,000		227,270
Corporacion Andina de Fomento
6.875%, 03/15/2012		20,000		21,834

				249,104

TOTAL SUPRANATIONAL OBLIGATIONS (Cost $249,313)			$	262,114


PREFERRED STOCKS - 0.31%
Agriculture - 0.06%
Ocean Spray Cranberries, Inc. ,
Series A 6.250% (S)		5,034		364,179
Diversified Financial Services - 0.19%
BAC Capital Trust XIV 5.630%		275,000		192,500
BAC Capital Trust XV 1.052%		925,000		569,405


The accompanying notes are an integral part of the financial statements.	29

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Active Bond Fund (continued)
		Shares or
		Principal
		Amount		Value

PREFERRED STOCKS (continued)
Diversified Financial Services (continued)
Bank of America Corp. 8.625%		20,775	$	521,868

				1,283,773
Telecommunications - 0.06%
Telephone & Data Systems, Inc.,
Series A 7.600%		16,000		396,000

TOTAL PREFERRED STOCKS (Cost $2,434,786)			$	2,043,952

CONVERTIBLE BONDS - 0.05%
Airlines - 0.05%
US Airways Group, Inc.
7.250%, 05/15/2014		190,000		344,375

TOTAL CONVERTIBLE BONDS (Cost $186,914)			$	344,375

TERM LOANS - 0.02%
Hotels, Restaurants & Leisure - 0.02%
Greektown Holdings LLC
0.00%, 09/30/2010 (P)(T)(U)		11,697		11,697
3.500%, 09/30/2010 (P)		111,146		111,702

				123,399

TOTAL TERM LOANS (Cost $122,843)			$	123,399

SHORT-TERM INVESTMENTS - 3.51%
*Short-Term Securities - 3.51%**
Federal Home Loan Bank Discount Notes,
0.010%, 03/01/2010	$	14,300,000		14,300,000
State Street Institutional Liquid Reserves
Fund, 0.1176%		1,786,167		1,786,167
State Street Institutional US Government
Money Market Fund, 0.03489%		7,279,734		7,279,734
				23,365,901

TOTAL SHORT-TERM INVESTMENTS (Cost $23,365,901)			$	23,365,901

Total Investments (Active Bond Fund)
(Cost $660,671,405) - 100.37%			$	668,871,803
Other assets and liabilities, net - (0.37%)				(2,441,175)

TOTAL NET ASSETS - 100.00%			$	666,430,628



All Cap Core Fund
		Shares or
		Principal
		Amount		Value

COMMON STOCKS - 97.77%
Consumer Discretionary - 12.19%
Distributors - 0.21%
Genuine Parts Company		27,000	$	1,089,720
Diversified Consumer Services - 1.23%
Corinthian Colleges, Inc. (I)(L)		366,300		5,941,386
DeVry, Inc.		8,300		524,145

				6,465,531
Hotels, Restaurants & Leisure - 2.12%
Domino’s Pizza, Inc. (I)		28,800		359,712
McDonald’s Corp.		108,938		6,955,691
Starbucks Corp. (I)		165,400		3,789,314

				11,104,717
Household Durables - 1.32%
American Greetings Corp., Class A		43,600		831,452


All Cap Core Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Household Durables (continued)
Garmin, Ltd. (L)	133,400	$	4,262,130
Jarden Corp.	13,900		445,634
NVR, Inc. (I)	500		354,150
Tempur-Pedic International, Inc. (I)	36,200		1,028,080

			6,921,446
Internet & Catalog Retail - 0.49%
Amazon.com, Inc. (I)	16,004		1,894,874
Priceline.com, Inc. (I)	2,900		657,604

			2,552,478
Leisure Equipment & Products - 0.56%
Mattel, Inc.	110,500		2,429,895
Polaris Industries, Inc.	10,800		493,992

			2,923,887
Media - 2.29%
Cablevision Systems Corp., Class A	5,400		130,032
Comcast Corp., Class A	24,000		394,560
Gannett Company, Inc.	9,300		140,895
Madison Square Garden, Inc. (I)	1,350		26,325
News Corp., Class A	19,200		256,704
Scholastic Corp.	19,900		585,060
Scripps Networks Interactive, Inc., Class A (L)	64,700		2,560,826
The McGraw-Hill Companies, Inc.	63,500		2,171,700
Time Warner Cable, Inc.	113,160		5,283,440
Time Warner, Inc.	8,600		249,744
Viacom, Inc., Class B (I)	5,400		160,110

			11,959,396
Multiline Retail - 0.30%
Dillard’s, Inc., Class A (L)	66,300		1,118,481
Family Dollar Stores, Inc.	4,000		131,960
Kohl’s Corp. (I)	3,400		182,988
Nordstrom, Inc. (L)	3,500		129,290

			1,562,719
Specialty Retail - 3.38%
Advance Auto Parts, Inc.	73,000		2,978,400
Barnes & Noble, Inc. (L)	145,700		2,924,199
Cato Corp., Class A	14,500		284,200
Group 1 Automotive, Inc. (I)	37,100		1,030,267
Home Depot, Inc.	11,800		368,160
Rent-A-Center, Inc. (I)	23,600		524,864
Ross Stores, Inc. (L)	104,100		5,091,531
Signet Jewelers, Ltd. (I)	30,700		884,467
The Gap, Inc.	76,800		1,651,200
The Sherwin-Williams Company	24,700		1,565,486
Williams-Sonoma, Inc.	16,700		358,382

			17,661,156
Textiles, Apparel & Luxury Goods - 0.29%
Coach, Inc.	21,900		798,036
Columbia Sportswear Company	6,100		279,624
Liz Claiborne, Inc. (I)(L)	63,900		441,549

			1,519,209

			63,760,259
Consumer Staples - 10.01%
Beverages - 0.81%
Coca-Cola Enterprises, Inc.	117,700		3,007,235
PepsiCo, Inc.	7,400		462,278
The Coca-Cola Company	14,200		748,624

			4,218,137
Food & Staples Retailing - 0.76%
Safeway, Inc.	7,200		179,424


The accompanying notes are an integral part of the financial statements.	30

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


All Cap Core Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Food & Staples Retailing (continued)
Sysco Corp.	82,655	$	2,388,730
The Kroger Company	5,800		128,180
Wal-Mart Stores, Inc.	18,900		1,021,923
Walgreen Company	7,800		274,872

			3,993,129
Food Products - 2.82%
Archer-Daniels-Midland Company	161,929		4,754,235
Campbell Soup Company	143,900		4,796,187
Fresh Del Monte Produce, Inc. (I)	8,300		161,103
General Mills, Inc.	7,900		568,879
J.M. Smucker Company	3,100		185,008
Kraft Foods, Inc., Class A	4,300		122,249
Lancaster Colony Corp.	9,900		569,646
Sanderson Farms, Inc.	9,000		440,640
Sara Lee Corp.	14,300		193,908
The Hershey Company	8,800		349,888
Tyson Foods, Inc., Class A	152,200		2,593,488

			14,735,231
Household Products - 2.80%
Colgate-Palmolive Company	73,987		6,136,482
Kimberly-Clark Corp.	93,900		5,703,486
The Procter & Gamble Company	44,722		2,830,008

			14,669,976
Personal Products - 1.44%
Herbalife, Ltd.	14,520		581,526
Mead Johnson Nutrition Company	75,200		3,556,960
The Estee Lauder Companies, Inc., Class A	56,500		3,397,345

			7,535,831
Tobacco - 1.38%
Lorillard, Inc.	59,483		4,344,638
Philip Morris International, Inc.	53,520		2,621,410
Reynolds American, Inc.	4,700		248,160

			7,214,208

			52,366,512
Energy - 9.40%
Energy Equipment & Services - 2.21%
FMC Technologies, Inc. (I)	19,300		1,084,081
Helix Energy Solutions Group, Inc (I)	64,900		746,999
Lufkin Industries, Inc.	4,000		292,200
National Oilwell Varco, Inc.	5,700		247,779
Oceaneering International, Inc. (I)	24,300		1,468,935
Oil States International, Inc. (I)	102,524		4,410,582
Patterson-UTI Energy, Inc.	11,800		182,192
Rowan Companies, Inc. (I)	78,183		2,034,322
Schlumberger, Ltd.	17,500		1,069,250

			11,536,340
Oil, Gas & Consumable Fuels - 7.19%
Anadarko Petroleum Corp.	8,200		575,066
Berry Petroleum Company, Class A (L)	26,000		696,800
Cabot Corp.	27,100		787,526
Chevron Corp.	26,300		1,901,490
Cimarex Energy Company	13,400		800,784
ConocoPhillips	125,066		6,003,168
Devon Energy Corp.	76,800		5,288,448
Exxon Mobil Corp. (L)	173,000		11,245,000
Marathon Oil Corp.	52,700		1,525,665
Mariner Energy, Inc. (I)	68,300		1,025,866
Newfield Exploration Company (I)	98,300		5,020,181
Occidental Petroleum Corp.	2,700		215,595
Peabody Energy Corp.	11,100		510,267


All Cap Core Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Quicksilver Resources, Inc. (I)	13,300	$	198,436
Spectra Energy Corp.	11,500		250,700
Teekay Shipping Corp.	6,100		153,354
The Williams Companies, Inc.	65,200		1,404,408

			37,602,754

			49,139,094
Financials - 15.16%
Commercial Banks - 3.50%
Comerica, Inc.	105,700		3,813,656
Commerce Bancshares, Inc.	29,435		1,192,412
Community Bank Systems, Inc.	7,400		165,834
East West Bancorp, Inc.	33,400		585,168
Fifth Third Bancorp	301,900		3,686,199
Fulton Financial Corp.	77,300		743,626
M&T Bank Corp. (L)	18,500		1,432,455
Marshall & Ilsley Corp.	203,100		1,437,948
PNC Financial Services Group, Inc.	3,900		209,664
Regions Financial Corp. (L)	222,500		1,501,875
Wells Fargo & Company	128,700		3,518,658

			18,287,495
Consumer Finance - 2.46%
American Express Company	91,900		3,509,661
AmeriCredit Corp. (I)(L)	40,600		903,350
Capital One Financial Corp.	132,600		5,005,650
Discover Financial Services	229,100		3,127,215
World Acceptance Corp. (I)(L)	8,000		334,320

			12,880,196
Diversified Financial Services - 4.98%
Artio Global Investors, Inc.	9,400		229,172
Bank of America Corp.	631,403		10,519,174
BlackRock, Inc.	600		131,280
Franklin Resources, Inc.	37,800		3,845,016
JPMorgan Chase & Company	143,886		6,038,895
Knight Capital Group, Inc. (I)	98,900		1,596,246
The Bank of New York Mellon Corp.	9,500		270,940
The Goldman Sachs Group, Inc.	21,900		3,424,065

			26,054,788
Insurance - 2.00%
Allied World Assurance
Company Holdings, Ltd.	55,223		2,545,780
Chubb Corp.	6,600		333,036
Delphi Financial Group, Inc.	15,500		330,615
MetLife, Inc.	6,100		221,979
PartnerRe, Ltd.	35,200		2,802,272
Platinum Underwriters Holdings, Ltd.	26,400		987,096
Prudential Financial, Inc.	4,000		209,640
The Allstate Corp.	12,000		375,000
The Progressive Corp.	9,200		157,780
The Travelers Companies, Inc.	47,715		2,509,332

			10,472,530
Real Estate Investment Trusts - 2.07%
Annaly Capital Management, Inc.	75,800		1,393,204
Boston Properties, Inc.	6,155		418,109
Equity One, Inc. (L)	8,000		147,760
Equity Residential	41,774		1,507,206
Health Care, Inc.	11,340		480,362
Healthcare Realty Trust, Inc.	21,600		451,224
Liberty Property Trust	12,866		397,945
ProLogis (L)	20,400		262,956
Public Storage, Inc.	16,700		1,372,573
Rayonier, Inc.	8,500		353,345


The accompanying notes are an integral part of the financial statements.	31

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


All Cap Core Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Real Estate Investment Trusts (continued)
Redwood Trust, Inc.	32,300	$	460,275
Regency Centers Corp.	10,629		368,507
Simon Property Group, Inc.	25,211		1,973,769
Vornado Realty Trust	19,240		1,264,453

			10,851,688
Thrifts & Mortgage Finance - 0.15%
NewAlliance Bancshares, Inc.	27,300		327,054
People’s United Financial, Inc.	27,700		436,829

			763,883

			79,310,580
Health Care - 13.11%
Biotechnology - 1.75%
Amgen, Inc. (I)	10,000		566,100
Gilead Sciences, Inc. (I)	131,689		6,269,713
PDL BioPharma, Inc. (L)	331,900		2,323,300

			9,159,113
Health Care Equipment & Supplies - 0.76%
American Medical Systems Holdings, Inc. (I)	31,400		568,968
Baxter International, Inc.	2,700		153,711
Cooper Companies, Inc.	3,700		148,222
Hill-Rom Holdings, Inc. (L)	34,700		910,528
Hospira, Inc. (I)	4,800		251,184
Intuitive Surgical, Inc. (I)	2,000		694,280
Invacare Corp.	5,800		158,224
Medtronic, Inc.	3,700		160,580
Sirona Dental Systems, Inc. (I)	25,400		911,606

			3,957,303
Health Care Providers & Services - 5.18%
Aetna, Inc.	43,125		1,293,319
Amedisys, Inc. (I)(L)	37,600		2,167,640
AmerisourceBergen Corp.	135,300		3,793,812
Cardinal Health, Inc.	82,000		2,785,540
Chemed Corp.	3,000		160,680
Coventry Health Care, Inc. (I)	180,727		4,189,252
Humana, Inc. (I)	6,400		302,912
McKesson Corp.	81,300		4,808,895
Medco Health Solutions, Inc. (I)	89,800		5,678,952
Owens & Minor, Inc.	10,300		459,895
UnitedHealth Group, Inc.	38,200		1,293,452
WellPoint, Inc. (I)	2,700		167,049

			27,101,398
Life Sciences Tools & Services - 0.22%
Dionex Corp. (I)	2,600		177,580
Waters Corp. (I)	16,200		966,492

			1,144,072
Pharmaceuticals - 5.20%
Abbott Laboratories	46,068		2,500,571
Eli Lilly & Company	108,234		3,716,756
Forest Laboratories, Inc. (I)	24,600		735,048
Johnson & Johnson	88,280		5,561,640
Medicis Pharmaceutical Corp., Class A	65,600		1,476,000
Merck & Company, Inc.	12,710		468,745
Par Pharmaceutical Companies, Inc. (I)	55,000		1,376,650
Perrigo Company	19,600		971,572
Pfizer, Inc.	541,894		9,510,240
Valeant Pharmaceuticals International (I)(L)	19,400		722,068
Watson Pharmaceuticals, Inc. (I)	3,900		155,181

			27,194,471

			68,556,357


All Cap Core Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Industrials - 9.93%
Aerospace & Defense - 1.89%
ITT Corp.	7,100	$	363,733
Lockheed Martin Corp.	70,376		5,472,438
Northrop Grumman Corp.	54,009		3,308,591
Raytheon Company	4,800		269,952
United Technologies Corp.	7,000		480,550

			9,895,264
Air Freight & Logistics - 1.14%
FedEx Corp.	3,600		305,136
United Parcel Service, Inc., Class B	96,800		5,686,032

			5,991,168
Airlines - 0.10%
Alaska Air Group, Inc. (I)	14,300		500,500
Commercial Services & Supplies - 0.59%
M & F Worldwide Corp. (I)	7,800		252,642
R.R. Donnelley & Sons Company	141,736		2,819,129

			3,071,771
Construction & Engineering - 1.50%
EMCOR Group, Inc. (I)	147,300		3,390,846
Shaw Group, Inc. (I)	128,300		4,452,010

			7,842,856
Electrical Equipment - 0.31%
A.O. Smith Corp.	8,300		375,990
EnerSys, Inc. (I)	40,000		911,600
Hubbell, Inc.	7,100		332,635

			1,620,225
Industrial Conglomerates - 2.36%
3M Company	81,700		6,548,255
Carlisle Companies, Inc.	82,300		2,822,890
General Electric Company	185,800		2,983,948

			12,355,093
Machinery - 1.84%
Donaldson Company, Inc.	15,800		651,908
Illinois Tool Works, Inc.	11,700		532,584
Nordson Corp.	5,900		388,220
Oshkosh Corp. (I)	77,400		2,950,488
Timken Company	119,809		3,142,590
Trinity Industries, Inc. (L)	106,509		1,792,546
Watts Water Technologies, Inc., Class A	6,400		186,624

			9,644,960
Road & Rail - 0.20%
Kansas City Southern (I)	5,400		185,220
Werner Enterprises, Inc. (L)	38,000		847,780

			1,033,000

			51,954,837
Information Technology - 18.39%
Communications Equipment - 1.29%
Cisco Systems, Inc. (I)	52,900		1,287,057
Harris Corp.	83,800		3,789,436
InterDigital, Inc. (I)(L)	65,500		1,680,075
QUALCOMM, Inc.	51		1,871

			6,758,439
Computers & Peripherals - 5.72%
Apple, Inc. (I)	52,739		10,791,454
Hewlett-Packard Company	6,100		309,819
International Business Machines Corp.	95,506		12,144,543
NetApp, Inc. (I)	3,900		117,039


The accompanying notes are an integral part of the financial statements.	32

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


All Cap Core Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Computers & Peripherals (continued)
Seagate Technology (I)	106,200	$	2,114,442
Western Digital Corp. (I)	115,500		4,461,765

			29,939,062
Electronic Equipment, Instruments & Components - 4.12%
Arrow Electronics, Inc. (I)	191,056		5,389,690
Avnet, Inc. (I)	156,482		4,320,468
Benchmark Electronics, Inc. (I)	18,400		364,320
Ingram Micro, Inc., Class A (I)	174,831		3,094,509
Jabil Circuit, Inc.	208,900		3,169,013
Tech Data Corp. (I)	99,694		4,270,891
Vishay Intertechnology, Inc. (I)	89,500		917,375

			21,526,266
Internet Software & Services - 1.06%
Google, Inc., Class A (I)	10,486		5,524,025
IT Services - 1.88%
Broadridge Financial Solutions, Inc.	5,700		119,928
Cognizant Technology Solutions
Corp., Class A (I)	11,300		543,869
Computer Sciences Corp. (I)	55,261		2,861,967
Global Payments, Inc.	32,700		1,399,887
SAIC, Inc. (I)	249,424		4,913,653

			9,839,304
Semiconductors & Semiconductor Equipment - 1.20%
Cree, Inc. (I)	38,300		2,597,889
Intel Corp.	41,200		845,836
Marvell Technology Group, Ltd. (I)	95,400		1,843,128
Micron Technology, Inc. (I)	19,600		177,576
Texas Instruments, Inc.	9,400		229,172
Volterra Semiconductor Corp. (I)	25,700		561,031

			6,254,632
Software - 3.12%
Ariba, Inc. (I)	24,400		293,044
Jack Henry & Associates, Inc.	12,900		291,282
Microsoft Corp.	418,493		11,994,009
Oracle Corp.	12,300		303,195
Symantec Corp. (I)	161,008		2,664,682
TIBCO Software, Inc. (I)	84,900		778,533

			16,324,745

			96,166,473
Materials - 4.35%
Chemicals - 2.47%
Ashland, Inc.	5,300		249,524
Cytec Industries, Inc.	61,614		2,629,069
Eastman Chemical Company	8,600		512,130
Huntsman Corp.	215,500		2,958,815
Lubrizol Corp.	52,000		4,108,520
Nalco Holding Company	6,500		151,190
Stepan Company	3,400		161,636
W.R. Grace & Company (I)	74,400		2,154,624

			12,925,508
Containers & Packaging - 0.03%
Ball Corp. (L)	2,700		145,908
Metals & Mining - 0.78%
Freeport-McMoRan Copper & Gold, Inc.	17,600		1,322,816
Reliance Steel & Aluminum Company	31,300		1,387,842
Walter Energy, Inc.	7,900		620,703
Worthington Industries, Inc.	47,500		752,400

			4,083,761


All Cap Core Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Paper & Forest Products - 1.07%
International Paper Company		178,636	$	4,138,996
MeadWestvaco Corp.		62,600		1,436,044

				5,575,040

				22,730,217
Telecommunication Services - 2.46%
Diversified Telecommunication Services - 2.27%
AT&T, Inc.		352,271		8,739,844
Verizon Communications, Inc.		108,422		3,136,648

				11,876,492
Wireless Telecommunication Services - 0.19%
Telephone & Data Systems, Inc.		19,400		605,474
U.S. Cellular Corp. (I)		10,739		393,370

				998,844

				12,875,336
Utilities - 2.77%
Electric Utilities - 1.28%
Exelon Corp.		112,100		4,853,932
FirstEnergy Corp.		47,500		1,835,875

				6,689,807
Gas Utilities - 0.09%
National Fuel Gas Company		3,500		174,090
Southwest Gas Corp.		11,100		317,238

				491,328
Independent Power Producers & Energy Traders - 0.87%
Constellation Energy Group, Inc.		41,800		1,465,926
Mirant Corp. (I)		23,499		295,617
NRG Energy, Inc. (I)		83,400		1,821,456
The AES Corp. (I)		81,000		946,890

				4,529,889
Multi-Utilities - 0.53%
Black Hills Corp.		10,700		298,209
Dominion Resources, Inc.		5,300		201,347
Integrys Energy Group, Inc. (L)		19,600		863,968
MDU Resources Group, Inc.		10,600		216,664
NSTAR		27,000		913,140
Public Service Enterprise Group, Inc.		9,200		273,424

				2,766,752

				14,477,776

TOTAL COMMON STOCKS (Cost $455,995,571)			$	511,337,441


SHORT-TERM INVESTMENTS - 11.01%
*Short-Term Securities - 2.00%**
State Street Institutional Liquid Reserves
Fund, 0.1176%	$	8,535,950		8,535,950
U.S. Treasury Bills, 0.010% 03/18/2010 (F)		1,940,000		1,939,938

				10,475,888
Securities Lending Collateral - 9.01%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)(Y)		4,707,239		47,119,933

TOTAL SHORT-TERM INVESTMENTS (Cost $57,586,661)			$	57,595,821

Total Investments (All Cap Core Fund)
(Cost $513,582,232) - 108.78%			$	568,933,262
Other assets and liabilities, net - (8.78%)				(45,898,123)

TOTAL NET ASSETS - 100.00%			$	523,035,139


The accompanying notes are an integral part of the financial statements.	33

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


All Cap Growth Fund
	Shares or
	Principal
	Amount		Value

COMMON STOCKS - 98.98%
Consumer Discretionary - 15.95%
Auto Components - 0.94%
Johnson Controls, Inc.	26,838	$	834,662
Hotels, Restaurants & Leisure - 1.53%
Marriott International, Inc., Class A	37,211		1,008,790
Starbucks Corp. (I)	15,600		357,396

			1,366,186
Internet & Catalog Retail - 3.68%
Amazon.com, Inc. (I)	27,709		3,280,746
Media - 2.19%
The Walt Disney Company	62,508		1,952,750
Multiline Retail - 2.03%
Dollar General Corp. (I)	15,010		358,589
Target Corp.	28,200		1,452,864

			1,811,453
Specialty Retail - 2.52%
Home Depot, Inc.	25,178		785,554
Staples, Inc.	28,400		731,584
Tiffany & Company	16,400		727,996

			2,245,134
Textiles, Apparel & Luxury Goods - 3.06%
Coach, Inc.	19,800		721,512
NIKE, Inc., Class B	29,600		2,000,960

			2,722,472

			14,213,403
Consumer Staples - 5.00%
Food & Staples Retailing - 1.84%
Costco Wholesale Corp.	22,399		1,365,667
Whole Foods Market, Inc. (I)	7,800		276,822

			1,642,489
Food Products - 1.53%
Unilever PLC, SADR	46,400		1,366,016
Household Products - 1.42%
Colgate-Palmolive Company	15,210		1,261,517
Personal Products - 0.21%
Mead Johnson Nutrition Company	3,900		184,470

			4,454,492
Energy - 7.49%
Energy Equipment & Services - 2.98%
Schlumberger, Ltd.	43,451		2,654,856
Oil, Gas & Consumable Fuels - 4.51%
Apache Corp.	8,869		919,183
Occidental Petroleum Corp.	28,571		2,281,394
Southwestern Energy Company (I)	19,300		821,215

			4,021,792

			6,676,648
Financials - 7.13%
Diversified Financial Services - 7.13%
Bank of America Corp.	59,700		994,602
JPMorgan Chase & Company	21,853		917,170
Morgan Stanley	32,100		904,578
The Charles Schwab Corp.	73,222		1,340,695
The Goldman Sachs Group, Inc.	14,067		2,199,375

			6,356,420

			6,356,420


All Cap Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care - 19.97%
Biotechnology - 4.89%
Celgene Corp. (I)	26,100	$	1,553,472
Gilead Sciences, Inc. (I)	45,907		2,185,632
Vertex Pharmaceuticals, Inc. (I)	15,200		617,272

			4,356,376
Health Care Equipment & Supplies - 3.80%
Alcon, Inc.	9,300		1,485,396
Baxter International, Inc.	33,434		1,903,398

			3,388,794
Health Care Providers & Services - 3.66%
Express Scripts, Inc. (I)	7,901		758,575
Medco Health Solutions, Inc. (I)	39,574		2,502,660

			3,261,235
Life Sciences Tools & Services - 0.61%
Illumina, Inc. (I)	14,900		541,168
Pharmaceuticals - 7.01%
Abbott Laboratories	21,175		1,149,379
Mylan, Inc. (I)	37,700		804,518
Novartis AG	8,200		453,624
Roche Holding AG	21,700		905,107
Shire PLC, ADR	17,000		1,096,840
Teva Pharmaceutical Industries, Ltd., SADR	30,700		1,842,307

			6,251,775

			17,799,348
Industrials - 5.22%
Aerospace & Defense - 3.12%
Boeing Company	8,420		531,807
Precision Castparts Corp.	11,100		1,251,525
United Technologies Corp.	14,495		995,082

			2,778,414
Machinery - 0.91%
Cummins, Inc.	14,300		811,954
Road & Rail - 1.19%
Union Pacific Corp.	15,801		1,064,513

			4,654,881
Information Technology - 36.78%
Communications Equipment - 6.37%
Cisco Systems, Inc. (I)	82,671		2,011,385
Juniper Networks, Inc. (I)	51,800		1,449,364
QUALCOMM, Inc.	60,512		2,220,185

			5,680,934
Computers & Peripherals - 9.36%
Apple, Inc. (I)	20,538		4,202,486
Hewlett-Packard Company	50,439		2,561,797
NetApp, Inc. (I)	52,600		1,578,526

			8,342,809
Electronic Equipment, Instruments & Components - 0.42%
Agilent Technologies, Inc. (I)	11,900		374,374
Internet Software & Services - 5.48%
Baidu, Inc., SADR (I)	1,400		726,152
Google, Inc., Class A (I)	6,641		3,498,479
Tencent Holdings, Ltd.	33,700		657,487

			4,882,118
IT Services - 5.70%
Infosys Technologies, Ltd., ADR	2,700		153,630
MasterCard, Inc.	10,907		2,447,204


The accompanying notes are an integral part of the financial statements.	34

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


All Cap Growth Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
IT Services (continued)
Visa, Inc., Class A		29,052	$	2,477,555

				5,078,389
Semiconductors & Semiconductor Equipment - 1.67%
Cree, Inc. (I)		8,280		561,632
Intel Corp.		45,159		927,114

				1,488,746
Software - 7.78%
Adobe Systems, Inc. (I)		63,018		2,183,574
Microsoft Corp.		111,235		3,187,995
Salesforce.com, Inc. (I)		17,200		1,168,740
VMware, Inc., Class A (I)		7,900		391,129

				6,931,438

				32,778,808
Materials - 1.44%
Chemicals - 1.44%
Monsanto Company		5,800		409,770
Praxair, Inc.		11,600		871,624

				1,281,394

				1,281,394

TOTAL COMMON STOCKS (Cost $83,798,538)			$	88,215,394

SHORT-TERM INVESTMENTS - 0.70%
*Short-Term Securities - 0.70%**
State Street Institutional Investment Treasury
Money Market Fund, 0.000%	$	1,159,890		621,369

TOTAL SHORT-TERM INVESTMENTS (Cost $621,369)			$	621,369

Total Investments (All Cap Growth Fund)
(Cost $84,419,907) - 99.68%			$	88,836,763
Other assets and liabilities, net - 0.32%				281,404

TOTAL NET ASSETS - 100.00%			$	89,118,167




All Cap Value Fund
		Shares or
		Principal
		Amount		Value

COMMON STOCKS - 98.85%
Consumer Discretionary - 10.94%
Auto Components - 0.09%
Autoliv, Inc. (I)		8,324	$	371,328
Automobiles - 2.67%
Ford Motor Company (I)(L)		688,600		8,084,164
Honda Motor Company, Ltd.		64,708		2,239,544

				10,323,708
Hotels, Restaurants & Leisure - 2.90%
Carnival Corp.		57,700		2,074,892
CKE Restaurants, Inc.		67,700		769,749
International Game Technology		41,538		728,992
Marriott International, Inc., Class A (L)		137,420		3,725,456
Starwood Hotels & Resorts
Worldwide, Inc. (L)		101,168		3,915,202

				11,214,291
Household Durables - 0.84%
Fortune Brands, Inc.		73,900		3,239,037


All Cap Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Media - 1.48%
Interpublic Group of Companies, Inc. (I)	108,785	$	815,888
Omnicom Group, Inc.	134,300		4,918,066

			5,733,954
Multiline Retail - 0.16%
Nordstrom, Inc. (L)	16,900		624,286
Specialty Retail - 1.71%
American Eagle Outfitters, Inc.	139,685		2,356,486
Children’s Place Retail Stores, Inc. (I)(L)	38,800		1,482,548
Guess?, Inc.	10,028		409,042
Lowe’s Companies, Inc.	99,191		2,351,819

			6,599,895
Textiles, Apparel & Luxury Goods - 1.09%
Fossil, Inc. (I)	30,702		1,112,948
NIKE, Inc., Class B	37,300		2,521,480
Timberland Company, Class A (I)	31,979		591,292

			4,225,720

			42,332,219
Consumer Staples - 1.64%
Beverages - 0.58%
Diageo PLC, SADR	34,250		2,235,840
Food Products - 1.06%
Archer-Daniels-Midland Company	51,800		1,520,848
J.M. Smucker Company	43,500		2,596,080

			4,116,928

			6,352,768
Energy - 15.64%
Energy Equipment & Services - 4.01%
Bristow Group, Inc. (I)	19,853		718,877
Halliburton Company	205,449		6,194,287
Helmerich & Payne, Inc. (L)	39,400		1,596,488
Smith International, Inc.	70,641		2,895,575
Superior Energy Services, Inc. (I)	76,396		1,579,105
Weatherford International, Ltd. (I)	151,300		2,525,197

			15,509,529
Oil, Gas & Consumable Fuels - 11.63%
Apache Corp.	22,625		2,344,855
Chevron Corp.	39,200		2,834,160
El Paso Corp.	544,550		5,701,439
EnCana Corp.	107,377		3,519,818
Exxon Mobil Corp. (L)	133,000		8,645,000
Forest Oil Corp. (I)	17,916		485,524
Noble Energy, Inc.	40,743		2,959,572
Southwestern Energy Company (I)	67,600		2,876,380
The Williams Companies, Inc.	343,400		7,396,836
XTO Energy, Inc.	180,090		8,230,113

			44,993,697

			60,503,226
Financials - 17.76%
Commercial Banks - 5.70%
City National Corp. (L)	81,500		4,068,480
Commerce Bancshares, Inc.	78,553		3,182,182
Cullen/Frost Bankers, Inc. (L)	88,481		4,791,246
KeyCorp (L)	532,600		3,808,090
SunTrust Banks, Inc. (L)	116,400		2,771,484
TCF Financial Corp. (L)	33,533		484,217
Wells Fargo & Company	71,046		1,942,398
Zions Bancorp (L)	53,300		988,182

			22,036,279


The accompanying notes are an integral part of the financial statements.	35

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


All Cap Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Consumer Finance - 1.22%
Capital One Financial Corp.	125,278	$	4,729,245
Diversified Financial Services - 9.06%
Bank of America Corp.	552,100		9,197,986
JPMorgan Chase & Company	114,932		4,823,696
Lazard, Ltd., Class A	163,646		5,879,801
Morgan Stanley	129,600		3,652,128
Raymond James Financial, Inc. (L)	86,800		2,244,648
State Street Corp.	82,514		3,705,704
The Charles Schwab Corp.	189,701		3,473,425
The Goldman Sachs Group, Inc.	13,300		2,079,455

			35,056,843
Insurance - 1.78%
Berkshire Hathaway, Inc., Class B (I)(L)	68,900		5,520,957
Markel Corp. (I)	3,873		1,366,201

			6,887,158

			68,709,525
Health Care - 20.72%
Biotechnology - 3.81%
Amgen, Inc. (I)	187,883		10,636,057
Onyx Pharmaceuticals, Inc. (I)	147,700		4,100,152

			14,736,209
Health Care Equipment & Supplies - 4.04%
C.R. Bard, Inc.	19,162		1,605,392
Cooper Companies, Inc. (L)	105,178		4,213,431
Stryker Corp.	78,500		4,168,350
Varian Medical Systems, Inc. (I)(L)	70,525		3,453,609
Zimmer Holdings, Inc. (I)	38,100		2,184,273

			15,625,055
Health Care Providers & Services - 7.03%
AmerisourceBergen Corp.	140,652		3,943,882
CIGNA Corp.	115,500		3,957,030
DaVita, Inc. (I)	84,429		5,201,671
Humana, Inc. (I)	116,433		5,510,774
McKesson Corp.	59,773		3,535,573
Patterson Companies, Inc. (I)	169,400		5,027,792

			27,176,722
Life Sciences Tools & Services - 0.94%
Affymetrix, Inc. (I)	205,150		1,499,647
Parexel International Corp. (I)	106,263		2,141,199

			3,640,846
Pharmaceuticals - 4.90%
Abbott Laboratories	157,963		8,574,232
Warner Chilcott PLC (I)(L)	236,732		6,443,845
Watson Pharmaceuticals, Inc. (I)	99,054		3,941,359

			18,959,436

			80,138,268
Industrials - 13.25%
Aerospace & Defense - 3.55%
Curtiss-Wright Corp.	49,400		1,583,270
General Dynamics Corp.	30,784		2,233,379
Hexcel Corp. (I)	55,500		611,610
Honeywell International, Inc.	78,487		3,152,038
ITT Corp.	23,623		1,210,206
United Technologies Corp.	71,739		4,924,882

			13,715,385
Building Products - 0.28%
Quanex Building Products Corp.	22,785		354,990


All Cap Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Building Products (continued)
Trex Company, Inc. (I)(L)	36,200	$	723,638

			1,078,628
Electrical Equipment - 0.11%
AMETEK, Inc.	10,300		402,112
Machinery - 7.22%
Eaton Corp.	97,200		6,621,264
EnPro Industries, Inc. (I)	75,100		2,078,768
Kennametal, Inc.	92,644		2,413,376
Pall Corp.	42,468		1,676,212
Parker-Hannifin Corp.	73,666		4,442,796
Robbins & Myers, Inc.	171,100		4,135,487
Tennant Company	68,521		1,634,911
WABCO Holdings, Inc. (I)	184,300		4,928,182

			27,930,996
Road & Rail - 1.71%
Canadian National Railway Company	16,424		864,888
Heartland Express, Inc. (L)	64,000		979,840
Kansas City Southern (I)(L)	139,469		4,783,787

			6,628,515
Trading Companies & Distributors - 0.38%
Kaman Corp., Class A	61,600		1,475,320

			51,230,956
Information Technology - 13.12%
Computers & Peripherals - 2.87%
EMC Corp. (I)	98,843		1,728,764
Hewlett-Packard Company	184,700		9,380,913

			11,109,677
IT Services - 3.12%
Accenture PLC, Class A	95,472		3,816,016
MasterCard, Inc.	11,211		2,515,412
VeriFone Holdings, Inc. (I)(L)	297,525		5,742,233

			12,073,661
Semiconductors & Semiconductor Equipment - 2.15%
Intel Corp.	128,500		2,638,105
Micron Technology, Inc. (I)	346,900		3,142,914
National Semiconductor Corp.	65,900		954,232
Xilinx, Inc.	60,984		1,575,217

			8,310,468
Software - 4.98%
Adobe Systems, Inc. (I)	152,243		5,275,220
Autodesk, Inc. (I)	71,300		1,987,844
Intuit, Inc. (I)	125,708		4,067,911
McAfee, Inc. (I)	45,599		1,809,824
Microsoft Corp.	213,700		6,124,642

			19,265,441

			50,759,247
Materials - 4.90%
Chemicals - 0.30%
Celanese Corp., Series A	37,600		1,172,744
Metals & Mining - 4.60%
Agnico Eagle Mines, Ltd. (L)	21,401		1,232,056
Barrick Gold Corp.	204,063		7,685,013
Nucor Corp.	57,200		2,368,080
Reliance Steel & Aluminum Company (L)	75,000		3,325,500
United States Steel Corp. (L)	59,900		3,171,106

			17,781,755

			18,954,499


The accompanying notes are an integral part of the financial statements.	36

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


All Cap Value Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Utilities - 0.88%
Gas Utilities - 0.88%
EQT Corp.		78,022	$	3,414,243

TOTAL COMMON STOCKS (Cost $323,700,145)			$	382,394,951


SHORT-TERM INVESTMENTS - 18.90%
Repurchase Agreement - 1.35%
Repurchase Agreement with State Street Corp.
dated 02/26/2010 at 0.01% to be
repurchased at $5,206,004 on 03/01/2010,
collateralized by $5,260,000 Federal Home
Loan Bank, 0.93% due 03/30/2010 (valued
at $5,312,600, including interest)	$	5,206,000		5,206,000
Securities Lending Collateral - 17.55%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		6,783,944		67,907,959

TOTAL SHORT-TERM INVESTMENTS (Cost $73,104,711)			$	73,113,959

Total Investments (All Cap Value Fund)
(Cost $396,804,856) - 117.75%			$	455,508,910
Other assets and liabilities, net - (17.75%)				(68,671,901)

TOTAL NET ASSETS - 100.00%			$	386,837,009




Alpha Opportunities Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 93.21%
Consumer Discretionary - 15.95%
Auto Components - 2.53%
ArvinMeritor, Inc. (I)(L)		441,400	$	5,146,718
Dana Holding Corp. (I)		92,300		1,049,451
Johnson Controls, Inc.		20,700		643,770
Lear Corp. (I)		9,320		645,596
Modine Manufacturing Company (I)		518,140		4,870,516
Tenneco, Inc. (I)		133,300		2,687,328
TRW Automotive Holdings Corp. (I)		153,960		4,136,905

				19,180,284
Automobiles - 0.37%
Ford Motor Company (I)		140,200		1,645,948
Harley-Davidson, Inc. (L)		45,500		1,119,755

				2,765,703
Diversified Consumer Services - 0.30%
Apollo Group, Inc., Class A (I)(L)		19,704		1,179,876
Educomp Solutions, Ltd. (I)		45,756		666,218
ITT Educational Services, Inc. (I)		4,100		447,064

				2,293,158
Hotels, Restaurants & Leisure - 0.96%
Carnival Corp.		14,400		517,824
Las Vegas Sands Corp. (I)(L)		116,900		1,944,047
McDonald’s Corp.		36,540		2,333,079
REXLot Holdings, Ltd. (I)		4,099,800		560,689
Starbucks Corp. (I)		34,200		783,522
Starwood Hotels & Resorts Worldwide, Inc.		10,000		387,000
Wyndham Worldwide Corp.		32,960		757,750

				7,283,911
Household Durables - 1.36%
Black & Decker Corp.		11,500		833,405


Alpha Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Household Durables (continued)
Jarden Corp.	163,962	$	5,256,622
Pulte Group, Inc. (I)	133,000		1,440,390
Toll Brothers, Inc. (I)(L)	148,400		2,794,372

			10,324,789
Internet & Catalog Retail - 0.34%
Amazon.com, Inc. (I)	15,980		1,892,032
NutriSystem, Inc. (L)	33,800		654,030

			2,546,062
Leisure Equipment & Products - 0.41%
Mattel, Inc.	38,780		852,772
Pool Corp. (L)	113,435		2,266,431

			3,119,203
Media - 2.56%
CBS Corp., Class B	359,300		4,667,307
Comcast Corp., Class A	212,600		3,293,174
Comcast Corp., Class A	301,160		4,951,070
DIRECTV, Class A (I)	1,000		33,850
Dreamworks Animation SKG, Inc. (I)	27,370		1,189,500
Focus Media Holding, Ltd., ADR (I)(L)	135,400		2,089,222
Virgin Media, Inc. (L)	194,600		3,152,520

			19,376,643
Multiline Retail - 0.68%
Golden Eagle Retail Group, Ltd. (I)	204,030		374,492
Nordstrom, Inc. (L)	31,100		1,148,834
Target Corp.	70,450		3,629,584

			5,152,910
Specialty Retail - 4.43%
Advance Auto Parts, Inc.	164,229		6,700,543
Children’s Place Retail Stores, Inc. (I)	9,200		351,532
Home Depot, Inc.	90,461		2,822,383
Lowe’s Companies, Inc.	339,440		8,048,122
Staples, Inc.	297,161		7,654,867
The Sherwin-Williams Company	51,007		3,232,824
Urban Outfitters, Inc. (I)	146,040		4,703,948

			33,514,219
Textiles, Apparel & Luxury Goods - 2.01%
361 Degrees International, Ltd. (I)	763,040		543,794
Anta Sports Products, Ltd. (I)	254,400		367,255
Carter’s, Inc. (I)	41,003		1,175,146
China Hongxing Sports, Ltd. (I)	2,884,520		349,171
Coach, Inc.	20,000		728,800
Hanesbrands, Inc. (I)	326,178		8,457,796
Liz Claiborne, Inc. (I)(L)	73,460		507,609
NIKE, Inc., Class B	13,800		932,880
The Warnaco Group, Inc. (I)	37,300		1,556,902
XTEP International Holdings (I)	872,400		582,138

			15,201,491

			120,758,373
Consumer Staples - 4.53%
Beverages - 0.74%
Cott Corp. (I)	42,050		302,340
PepsiCo, Inc.	85,189		5,321,757

			5,624,097
Food & Staples Retailing - 1.52%
CVS Caremark Corp.	106,490		3,594,038
Safeway, Inc.	35,200		877,184
Wal-Mart Stores, Inc.	118,430		6,403,510


The accompanying notes are an integral part of the financial statements.	37

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Alpha Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Food & Staples Retailing (continued)
Whole Foods Market, Inc. (I)(L)	17,400	$	617,526

			11,492,258
Food Products - 1.74%
Del Monte Foods Company	43,730		512,516
General Mills, Inc.	29,349		2,113,421
Green Mountain Coffee Roasters, Inc. (I)(L)	37,950		3,202,601
Kraft Foods, Inc., Class A	105,330		2,994,532
Nestle SA (I)	12,447		619,268
Nestle SA , SADR	29,858		1,485,137
PureCircle, Ltd. (I)(L)	611,332		2,232,509

			13,159,984
Household Products - 0.34%
The Procter & Gamble Company	40,900		2,588,152
Personal Products - 0.09%
Herbalife, Ltd.	17,330		694,067
Tobacco - 0.10%
Lorillard, Inc.	9,900		723,096

			34,281,654
Energy - 7.47%
Energy Equipment & Services - 0.94%
Baker Hughes, Inc.	71,480		3,425,322
China Oilfield Services, Ltd. (I)	224,000		307,220
Dresser-Rand Group, Inc. (I)	32,300		998,393
Superior Well Services, Inc. (I)(L)	135,900		2,431,251

			7,162,186
Oil, Gas & Consumable Fuels - 6.53%
Anadarko Petroleum Corp.	7,222		506,479
Apache Corp.	38,400		3,979,776
BG Group PLC (I)	245,290		4,281,988
BP PLC	51,087		2,718,339
Bumi Resources Tbk PT (I)	2,692,500		653,590
Cameco Corp.	98,330		2,702,108
Chevron Corp.	78,900		5,704,470
Cobalt International Energy, Inc. (I)	31,430		387,846
ConocoPhillips	27,100		1,300,800
CONSOL Energy, Inc.	76,356		3,845,288
EOG Resources, Inc.	10,200		959,310
Exxon Mobil Corp. (L)	64,360		4,183,400
Gazprom OAO (I)	69,858		1,555,186
Karoon Gas Australia, Ltd. (I)	229,999		1,457,381
Marathon Oil Corp.	54,830		1,587,329
Massey Energy Company	2,020		87,001
Noble Energy, Inc.	64,500		4,685,280
Occidental Petroleum Corp.	41,431		3,308,265
Peabody Energy Corp.	26,700		1,227,399
Valero Energy Corp.	183,900		3,221,928
Whiting Petroleum Corp. (I)	14,400		1,077,840

			49,431,003

			56,593,189
Financials - 12.47%
Commercial Banks - 2.23%
PNC Financial Services Group, Inc.	30,813		1,656,507
Standard Chartered PLC (I)(L)	52,002		1,241,455
Wells Fargo & Company	511,273		13,978,204

			16,876,166
Diversified Financial Services - 6.02%
Ameriprise Financial, Inc.	199,900		8,001,997
Bank of America Corp.	576,464		9,603,890
Great American Group, Inc. (I)	471,600		1,414,800


Alpha Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Diversified Financial Services (continued)
Invesco, Ltd.	84,900	$	1,664,040
JPMorgan Chase & Company	97,406		4,088,130
Osaka Securities Exchange Company, Ltd. (I)	114		618,925
PennantPark Investment Corp.	154,548		1,576,390
PHH Corp. (I)(L)	78,700		1,456,737
Powershares QQQ (I)(L)	70,400		3,151,104
The Goldman Sachs Group, Inc.	29,237		4,571,205
UBS AG	248,580		3,426,380
UBS AG	436,200		6,045,732

			45,619,330
Insurance - 3.90%
ACE, Ltd.	153,903		7,693,611
Assured Guaranty, Ltd.	115,980		2,447,178
Chubb Corp.	82,040		4,139,738
Genworth Financial, Inc., Class A (I)(L)	113,350		1,806,799
Hartford Financial Services Group, Inc.	107,716		2,625,039
Marsh & McLennan Companies, Inc.	253,222		5,879,815
Unum Group (L)	236,100		4,913,241

			29,505,421
Real Estate Investment Trusts - 0.32%
Chimera Investment Corp.	608,743		2,434,972

			94,435,889
Health Care - 12.83%
Biotechnology - 1.17%
Amgen, Inc. (I)	39,620		2,242,888
Amylin Pharmaceuticals, Inc. (I)(L)	27,160		513,324
Celgene Corp. (I)	42,860		2,551,027
Gilead Sciences, Inc. (I)	34,660		1,650,163
Novavax, Inc. (I)(L)	668,570		1,450,797
Regeneron Pharmaceuticals, Inc. (I)	16,810		411,173

			8,819,372
Health Care Equipment & Supplies - 1.58%
Covidien PLC	81,997		4,027,693
Hologic, Inc. (I)	135,030		2,329,268
Medtronic, Inc.	90,506		3,927,960
St. Jude Medical, Inc. (I)	44,500		1,700,790

			11,985,711
Health Care Providers & Services - 3.38%
Aetna, Inc.	91,700		2,750,083
Cardinal Health, Inc.	134,948		4,584,184
Coventry Health Care, Inc. (I)	57,100		1,323,578
Healthsouth Corp. (I)	55,560		961,188
Lincare Holdings, Inc. (I)(L)	67,600		2,714,816
UnitedHealth Group, Inc.	392,599		13,293,402

			25,627,251
Health Care Technology - 0.93%
SXC Health Solutions Corp. (I)	141,200		7,019,052
Life Sciences Tools & Services - 0.10%
Thermo Fisher Scientific, Inc. (I)	15,500		755,935
Pharmaceuticals - 5.67%
Auxilium Pharmaceuticals, Inc. (I)(L)	32,070		968,514
Bristol-Myers Squibb Company (L)	30,260		741,673
Daiichi Sankyo Company, Ltd. (I)	200,500		4,055,767
Elan Corp. PLC (I)(L)	674,935		4,630,054
Eli Lilly & Company	155,360		5,335,062
Impax Laboratories, Inc. (I)	138,500		2,134,285
Johnson & Johnson	37,003		2,331,189
King Pharmaceuticals, Inc. (I)	121,300		1,364,625
MAP Pharmaceuticals, Inc. (I)(L)	26,800		367,696
Merck & Company, Inc.	141,268		5,209,964


The accompanying notes are an integral part of the financial statements.	38

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Alpha Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Pharmaceuticals (continued)
Pfizer, Inc.	520,902	$	9,141,830
Teva Pharmaceutical Industries, Ltd., SADR	68,220		4,093,882
UCB SA (I)	38,740		1,714,897
Watson Pharmaceuticals, Inc. (I)	21,210		843,946

			42,933,384

			97,140,705
Industrials - 14.45%
Aerospace & Defense - 3.11%
AAR Corp. (I)(L)	8,493		192,621
BE Aerospace, Inc. (I)	232,250		6,015,275
Boeing Company	33,100		2,090,596
General Dynamics Corp.	69,760		5,061,088
Honeywell International, Inc.	83,623		3,358,300
Lockheed Martin Corp.	57,550		4,475,088
Precision Castparts Corp.	9,530		1,074,508
Rolls-Royce Group PLC (I)	80,990		689,245
Safran SA (I)	26,190		616,179

			23,572,900
Air Freight & Logistics - 1.62%
FedEx Corp.	70,830		6,003,551
United Parcel Service, Inc., Class B	107,139		6,293,345

			12,296,896
Airlines - 2.47%
AirAsia BHD (I)	153,100		64,722
AMR Corp.	245,400		2,255,226
Continental Airlines, Inc. (I)(L)	138,580		2,863,063
Delta Air Lines, Inc. (I)	755,373		9,759,419
UAL Corp. (I)(L)	161,220		2,764,923
US Airways Group, Inc. (I)(L)	140,420		1,029,279

			18,736,632
Building Products - 0.94%
Masco Corp.	455,000		6,083,350
Owens Corning, Inc. (I)(L)	44,800		1,054,144

			7,137,494
Commercial Services & Supplies - 0.55%
Corrections Corp. of America (I)	52,760		1,129,064
SYKES Enterprises, Inc. (I)	59,500		1,416,695
Waste Management, Inc.	48,533		1,602,560

			4,148,319
Construction & Engineering - 0.11%
China Railway Group, Ltd. (I)	1,124,000		836,427
Electrical Equipment - 0.58%
ABB, Ltd., SADR (I)	30,400		615,904
First Solar, Inc. (I)(L)	5,792		613,373
Regal-Beloit Corp.	40,200		2,268,084
Sunpower Corp., Class B (I)	46,029		751,654
Vestas Wind Systems AS (I)	2,628		129,981

			4,378,996
Industrial Conglomerates - 0.79%
3M Company	22,754		1,823,733
Beijing Enterprises Holdings, Ltd. (I)	72,000		452,585
General Electric Company	161,900		2,600,114
Tyco International, Ltd.	29,700		1,070,982

			5,947,414
Machinery - 3.34%
Atlas Copco AB, Series A (I)	48,159		681,808
Deere & Company	17,700		1,014,210
Flowserve Corp.	13,100		1,311,179


Alpha Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Machinery (continued)
Hansen Transmissions International NV (I)	273,804	$	395,665
Ingersoll-Rand PLC (L)	410,296		13,092,545
Joy Global, Inc.	19,300		980,440
Kubota Corp. (I)	51,000		452,888
PACCAR, Inc.	42,041		1,486,149
Stanley Works (I)(L)	57,620		3,298,745
Terex Corp. (I)	132,688		2,583,435

			25,297,064
Marine - 0.11%
Nippon Yusen Kabushiki Kaisha (I)	219,800		795,836
Professional Services - 0.25%
Monster Worldwide, Inc. (I)	75,248		1,049,710
The Advisory Board Company (I)	26,300		835,288

			1,884,998
Road & Rail - 0.17%
J.B. Hunt Transport Services, Inc.	35,300		1,252,444
Trading Companies & Distributors - 0.26%
Beacon Roofing Supply, Inc. (I)	70,620		1,228,788
Mitsui & Company, Ltd. (I)	46,800		725,273

			1,954,061
Transportation Infrastructure - 0.15%
Aegean Marine Petroleum Network Inc. (L)	22,270		638,258
Cia de Concessoes Rodoviarias, ADR (I)	24,900		525,654

			1,163,912

			109,403,393
Information Technology - 19.31%
Communications Equipment - 1.96%
Aviat Networks Incaviat Networks, Inc. (I)	301,000		1,851,150
Cisco Systems, Inc. (I)	199,000		4,841,670
Dragonwave, Inc. (I)(L)	47,100		577,895
HUGHES Telematics, Inc. (I)(L)	28,605		78,664
Juniper Networks, Inc. (I)	22,300		623,954
Polycom, Inc. (I)	70,025		1,828,353
QUALCOMM, Inc.	72,100		2,645,349
Research In Motion, Ltd. (I)	13,000		921,440
ZTE Corp., Class H (I)	240,870		1,489,600

			14,858,075
Computers & Peripherals - 4.73%
Apple, Inc. (I)	82,147		16,808,919
EMC Corp. (I)	168,000		2,938,320
Hewlett-Packard Company	77,900		3,956,541
International Business Machines Corp.	10,000		1,271,600
QLogic Corp. (I)	65,000		1,183,000
SanDisk Corp. (I)	113,060		3,293,438
Seagate Technology (I)	320,050		6,372,196

			35,824,014
Electronic Equipment, Instruments & Components - 0.90%
BYD Company, Ltd., Class H (I)	62,180		484,202
Corning, Inc.	18,010		317,516
Flextronics International, Ltd. (I)	70,700		492,072
Jabil Circuit, Inc.	90,620		1,374,705
Sanmina-SCI Corp. (I)	250,000		4,135,000

			6,803,495
Internet Software & Services - 3.50%
Alibaba.com, Ltd. (I)(L)	454,200		994,069
Baidu, Inc., SADR (I)	2,500		1,296,700
E-Access, Ltd. (I)(L)	626		506,299
eBay, Inc. (I)	167,180		3,848,484
Equinix, Inc. (I)(L)	59,078		5,581,099


The accompanying notes are an integral part of the financial statements.	39

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Alpha Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Internet Software & Services (continued)
Google, Inc., Class A (I)	11,390	$	6,000,252
Open Text Corp. (I)	14,390		699,930
Tencent Holdings, Ltd. (I)	95,360		1,864,633
VistaPrint NV (I)(L)	89,400		5,160,168
Yahoo!, Inc. (I)	36,100		552,691

			26,504,325
IT Services - 1.74%
Automatic Data Processing, Inc.	135,250		5,627,753
MasterCard, Inc.	6,010		1,348,464
The Western Union Company	390,120		6,156,094

			13,132,311
Semiconductors & Semiconductor Equipment - 2.88%
Analog Devices, Inc.	69,100		2,020,484
ASML Holding NV	16,420		506,229
Atheros Communications, Inc. (I)	34,612		1,242,225
Broadcom Corp., Class A	20,400		638,928
Marvell Technology Group, Ltd. (I)	181,200		3,500,784
Maxim Integrated Products, Inc.	221,700		4,105,884
NVIDIA Corp. (I)(L)	37,100		601,020
ON Semiconductor Corp. (I)	140,930		1,121,803
Skyworks Solutions, Inc. (L)	362,660		5,537,818
Texas Instruments, Inc.	66,377		1,618,271
Xilinx, Inc.	35,600		919,548

			21,812,994
Software - 3.60%
Adobe Systems, Inc. (I)	101,053		3,501,486
AsiaInfo Holdings, Inc. (I)	27,220		664,712
BMC Software, Inc. (I)	75,100		2,766,684
Cadence Design Systems, Inc. (I)	153,700		876,090
Citrix Systems, Inc. (I)	6,000		258,060
Informatica Corp. (I)	50,410		1,286,463
Microsoft Corp.	190,353		5,455,517
Nuance Communications, Inc. (I)	20,210		290,822
Oracle Corp.	220,190		5,427,684
Red Hat, Inc. (I)	137,139		3,846,749
Rovi Corp. (I)	15,560		521,260
Shanda Interactive Entertainment, Ltd. (I)(L)	7,278		329,693
Sonic Solutions (I)	29,320		266,519
TiVo, Inc. (I)	48,440		459,211
VMware, Inc., Class A (I)	19,300		955,543
Websense, Inc. (I)	15,100		324,046

			27,230,539

			146,165,753
Materials - 5.16%
Chemicals - 0.92%
A. Schulman, Inc.	29,300		690,308
Huabao International Holdings, Ltd. (I)	247,910		249,706
Incitec Pivot, Ltd. (I)	141,282		408,901
Methanex Corpmethanex Corp.	32,090		762,138
Potash Corp. of Saskatchewan, Inc.	2,200		243,012
PPG Industries, Inc. (L)	32,397		1,993,711
The Dow Chemical Company	14,800		418,988
The Mosaic Company	38,308		2,236,804

			7,003,568
Construction Materials - 0.42%
HeidelbergCement AG (I)	30,836		1,570,792
Martin Marietta Materials, Inc. (L)	20,300		1,608,166

			3,178,958
Containers & Packaging - 1.13%
Owens-Illinois, Inc. (I)	93,000		2,756,520


Alpha Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Containers & Packaging (continued)
Rexam PLC (I)	1,356,829	$	5,776,696

			8,533,216
Metals & Mining - 2.67%
Allegheny Technologies, Inc.	20,800		908,128
AngloGold Ashanti, Ltd., SADR (L)	37,030		1,347,151
Antofagasta PLC (I)	38,319		516,501
Barrick Gold Corp.	41,620		1,567,409
BHP Billiton, Ltd., SADR (L)	17,100		1,253,943
CGA Mining, Ltd. (I)	150,880		266,338
Cliffs Natural Resources, Inc. (L)	13,900		783,960
Fortescue Metals Group, Ltd. (I)	101,798		422,721
Freeport-McMoRan Copper & Gold, Inc.	31,100		2,337,476
New Gold Incnew Gold Inc (I)	89,470		395,396
Newmont Mining Corp.	21,210		1,045,229
Red Back Mining, Inc. (I)	25,490		491,292
Rio Tinto PLC (I)	15,135		783,609
Rio Tinto PLC, SADR	5,950		1,236,410
Teck Resoucres, Ltd., Class B (I)	48,800		1,802,672
Vale SA (L)	47,480		1,322,793
Vedanta Resources PLC (I)	17,459		678,734
Xstrata PLC (I)	192,438		3,025,072

			20,184,834
Paper & Forest Products - 0.02%
Fibria Celulose SA, SADR (I)(L)	9,080		166,618

			39,067,194
Telecommunication Services - 0.68%
Diversified Telecommunication Services - 0.51%
AT&T, Inc.	35,600		883,236
Iridium Communications, Inc. (I)(L)	66,500		446,215
Koninklijke (Royal) KPN NV (I)	76,836		1,224,419
Qwest Communications International, Inc.	280,860		1,280,722

			3,834,592
Wireless Telecommunication Services - 0.17%
SBA Communications Corp. (I)	37,040		1,309,734

			5,144,326
Utilities - 0.36%
Electric Utilities - 0.36%
Cia Energetica de Minas Gerais, ADR	66,900		1,095,153
ITC Holdings Corp.	9,210		491,630
Northeast Utilities	45,200		1,157,120

			2,743,903

			2,743,903

TOTAL COMMON STOCKS (Cost $639,449,891)		$	705,734,379


PREFERRED STOCKS - 0.19%
Consumer Discretionary - 0.19%
Automobiles - 0.19%
Porsche Automobil Holding SE (N)	13,000		652,933
Volkswagen AG (N)	9,800		797,710

			1,450,643

TOTAL PREFERRED STOCKS (Cost $1,629,452)		$	1,450,643


INVESTMENT COMPANIES - 1.58%
Investment Companies - 1.58%
iShares Russell 1000 Index Fund (L)	72,700		4,436,154
SPDR S&P Midcap 400 ETF Trust (L)	32,700		4,381,473


The accompanying notes are an integral part of the financial statements.	40

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Alpha Opportunities Fund (continued)
		Shares or
		Principal
		Amount		Value


INVESTMENT COMPANIES (continued)
Investment Companies (continued)
SPDR Trust Series 1		28,300	$	3,134,508

				11,952,135

TOTAL INVESTMENT COMPANIES (Cost $9,612,093)			$	11,952,135


SHORT-TERM INVESTMENTS - 16.48%
Repurchase Agreement - 4.64%
Bank of New York Tri-Party Repurchase
Agreement date 02/26/2010 at 0.12% to be
repurchased at $35,100,351 on 03/01/2010,
collateralized by $48,746,001 Federal
National Mortgage Association, 6.00% due
03/01/2037 (valued at $35,802,001,
including interest)	$	35,100,000		35,100,000
Securities Lending Collateral - 11.84%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)(Y)		8,955,463		89,645,082

TOTAL SHORT-TERM INVESTMENTS (Cost $124,744,901)			$	124,745,082

Total Investments (Alpha Opportunities Fund)
(Cost $775,436,337) - 111.46%			$	843,882,239
Other assets and liabilities, net - (11.46%)				(86,764,452)

TOTAL NET ASSETS - 100.00%			$	757,117,787




Alternative Asset Allocation Fund
		Shares or
		Principal
		Amount		Value


AFFILIATED INVESTMENT COMPANIES - 89.20%
John Hancock Funds II (G) - 89.20%
Emerging Markets Value, Class NAV (DFA)		17,583	$	180,053
Floating Rate Income, Class NAV (WAMCO)		19,135		181,210
Global Bond, Class NAV (PIMCO)		13,093		155,810
Global Real Estate, Class NAV (Deutsche)		37,723		239,917
High Income, Class NAV (MFC
Global U.S.) (A)		5,288		41,884
High Yield, Class NAV (WAMCO)		3,242		27,879
International Small
Cap, Class NAV (Templeton)		4,294		55,306
International Small
Company, Class NAV (DFA)		7,848		55,485
Natural Resources, Class NAV (Wellington)		4,169		81,135
Real Return Bond, Class NAV (PIMCO)		14,681		181,315
U.S. High Yield Bond, Class NAV
(Wells Capital)		3,366		41,875

				1,241,869

TOTAL AFFILIATED INVESTMENT
COMPANIES (Cost $953,313)			$	1,241,869


Alternative Asset Allocation Fund (continued)
	Shares or
	Principal
	Amount		Value


INVESTMENT COMPANIES - 8.49%
Unaffiliated Investment Companies - 8.49%
PowerShares DB Commodity Index
Tracking Fund	5,000	$	118,150

			118,150

TOTAL INVESTMENT COMPANIES (Cost $108,406)		$	118,150

Total Investments (Alternative Asset Allocation Fund)
(Cost $1,061,719) - 97.69%		$	1,360,019
Other assets and liabilities, net - 2.31%			32,144

TOTAL NET ASSETS - 100.00%		$	1,392,163




Blue Chip Growth Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 99.33%
Consumer Discretionary - 17.43%
Auto Components - 0.06%
Johnson Controls, Inc.	35,900	$	1,116,490
Diversified Consumer Services - 0.06%
Apollo Group, Inc., Class A (I)(L)	19,000		1,137,720
Hotels, Restaurants & Leisure - 3.68%
Carnival Corp.	246,100		8,849,756
Marriott International, Inc., Class A (L)	639,385		17,333,727
McDonald’s Corp.	261,000		16,664,850
Starbucks Corp. (I)	949,400		21,750,754
Wynn Macau, Ltd. (I)(L)	1,926,800		2,412,940
Wynn Resorts, Ltd.	46,800		2,975,076

			69,987,103
Internet & Catalog Retail - 4.85%
Amazon.com, Inc. (I)	594,311		70,366,422
Expedia, Inc. (L)	414,100		9,209,584
Priceline.com, Inc. (I)(L)	55,900		12,675,884

			92,251,890
Leisure Equipment & Products - 0.15%
Mattel, Inc.	126,100		2,772,939
Media - 3.23%
Discovery Communications, Inc., Series A (I)	100,800		3,139,920
Discovery Communications, Inc., Series C (I)	445,900		11,834,186
The McGraw-Hill Companies, Inc.	433,100		14,812,020
The Walt Disney Company	569,900		17,803,676
Time Warner, Inc.	475,333		13,803,670

			61,393,472
Multiline Retail - 1.60%
Dollar Tree, Inc. (I)	76,000		4,236,240
Kohl’s Corp. (I)(L)	487,770		26,251,781

			30,488,021
Specialty Retail - 3.19%
Bed Bath & Beyond, Inc. (I)	493,300		20,526,213
CarMax, Inc. (I)	63,100		1,273,989
Home Depot, Inc.	37,900		1,182,480
Lowe’s Companies, Inc.	728,600		17,275,106
O’Reilly Automotive, Inc. (I)(L)	218,700		8,594,910
The Gap, Inc.	185,100		3,979,650
The Sherwin-Williams Company	123,800		7,846,444

			60,678,792


The accompanying notes are an integral part of the financial statements.	41

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Blue Chip Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Textiles, Apparel & Luxury Goods - 0.61%
Coach, Inc. (L)	112,600	$	4,103,144
NIKE, Inc., Class B	112,100		7,577,960

			11,681,104

			331,507,531
Consumer Staples - 2.25%
Beverages - 0.99%
PepsiCo, Inc.	300,766		18,788,852
The Coca-Cola Company	1,900		100,168

			18,889,020
Food & Staples Retailing - 0.27%
Costco Wholesale Corp.	17,900		1,091,363
CVS Caremark Corp.	91,532		3,089,205
Wal-Mart Stores, Inc.	18,636		1,007,649

			5,188,217
Food Products - 0.14%
General Mills, Inc.	35,900		2,585,159
Household Products - 0.85%
The Procter & Gamble Company	255,128		16,144,500

			42,806,896
Energy - 6.23%
Energy Equipment & Services - 3.85%
Cameron International Corp. (I)	298,800		12,289,644
FMC Technologies, Inc. (I)	128,900		7,240,313
Schlumberger, Ltd.	597,208		36,489,409
Smith International, Inc.	422,728		17,327,621

			73,346,987
Oil, Gas & Consumable Fuels - 2.38%
EOG Resources, Inc.	276,500		26,004,825
Exxon Mobil Corp.	1,862		121,030
Petroleo Brasileiro SA, SADR (L)	63,500		2,438,400
Southwestern Energy Company (I)	327,900		13,952,145
Suncor Energy, Inc.	95,000		2,746,450

			45,262,850

			118,609,837
Financials - 14.89%
Commercial Banks - 2.20%
PNC Financial Services Group, Inc.	55,200		2,967,552
U.S. Bancorp	569,000		14,003,090
Wells Fargo & Company	908,500		24,838,390

			41,809,032
Consumer Finance - 1.08%
American Express Company	538,848		20,578,605
Diversified Financial Services - 11.48%
Ameriprise Financial, Inc.	258,989		10,367,330
Bank of America Corp.	352,800		5,877,648
BlackRock, Inc. (L)	17,570		3,844,316
CME Group, Inc.	19,000		5,732,110
Credit Suisse Group AG (I)	29,100		1,295,575
Franklin Resources, Inc.	369,635		37,599,272
IntercontinentalExchange, Inc. (I)	146,250		15,691,163
Invesco, Ltd.	344,700		6,756,120
JPMorgan Chase & Company	805,200		33,794,244
Morgan Stanley	574,700		16,195,046
Northern Trust Corp. (L)	185,511		9,885,881
State Street Corp.	206,629		9,279,708
TD Ameritrade Holding Corp. (I)	135,100		2,362,899
The Bank of New York Mellon Corp.	35,739		1,019,276
The Charles Schwab Corp.	704,214		12,894,158


Blue Chip Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Diversified Financial Services (continued)
The Goldman Sachs Group, Inc.	292,724	$	45,767,397

			218,362,143
Insurance - 0.13%
Prudential Financial, Inc.	47,500		2,489,475

			283,239,255
Health Care - 14.28%
Biotechnology - 3.46%
Amgen, Inc. (I)	7,400		418,914
Celgene Corp. (I)	461,700		27,480,384
Gilead Sciences, Inc. (I)	687,038		32,709,879
Vertex Pharmaceuticals, Inc. (I)	128,900		5,234,629

			65,843,806
Health Care Equipment & Supplies - 2.22%
Baxter International, Inc.	110,100		6,267,993
Covidien PLC	18,600		913,632
Intuitive Surgical, Inc. (I)(L)	44,850		15,569,229
Medtronic, Inc.	29,746		1,290,976
St. Jude Medical, Inc. (I)	177,764		6,794,140
Stryker Corp.	214,021		11,364,515

			42,200,485
Health Care Providers & Services - 5.95%
Cardinal Health, Inc.	18,700		635,239
Express Scripts, Inc. (I)	442,100		42,446,021
McKesson Corp.	285,100		16,863,665
Medco Health Solutions, Inc. (I)	817,300		51,686,052
WellPoint, Inc. (I)	23,928		1,480,425

			113,111,402
Health Care Technology - 0.36%
Cerner Corp. (I)(L)	83,900		6,959,505
Life Sciences Tools & Services - 0.05%
Life Technologies Corp. (I)	18,700		949,212
Pharmaceuticals - 2.24%
Allergan, Inc.	425,700		24,873,651
Shire PLC, ADR	98,600		6,361,672
Teva Pharmaceutical Industries, Ltd., SADR	190,000		11,401,900

			42,637,223

			271,701,633
Industrials - 8.66%
Aerospace & Defense - 2.01%
Goodrich Corp.	117,800		7,731,214
Precision Castparts Corp.	157,900		17,803,225
United Technologies Corp.	185,200		12,713,980

			38,248,419
Air Freight & Logistics - 0.42%
Expeditors International of Washington, Inc.	218,100		7,954,107
Electrical Equipment - 0.76%
Emerson Electric Company	41,900		1,983,546
First Solar, Inc. (I)(L)	6,900		730,710
Rockwell Automation, Inc. (L)	216,300		11,699,667

			14,413,923
Industrial Conglomerates - 1.50%
3M Company	272,800		21,864,920
McDermott International, Inc. (I)	294,500		6,729,325

			28,594,245
Machinery - 3.06%
Danaher Corp.	787,237		58,231,921


The accompanying notes are an integral part of the financial statements.	42

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Blue Chip Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Road & Rail - 0.34%
Union Pacific Corp.	94,800	$	6,386,676
Trading Companies & Distributors - 0.57%
Fastenal Company (L)	246,300		10,928,331
W.W. Grainger, Inc.	200		20,330

			10,948,661

			164,777,952
Information Technology - 31.76%
Communications Equipment - 3.90%
Cisco Systems, Inc. (I)	778,282		18,935,601
Juniper Networks, Inc. (I)	1,070,379		29,949,204
QUALCOMM, Inc.	690,223		25,324,282

			74,209,087
Computers & Peripherals - 8.04%
Apple, Inc. (I)	574,000		117,451,880
EMC Corp. (I)	416,800		7,289,832
Hewlett-Packard Company	180,400		9,162,516
International Business Machines Corp.	149,700		19,035,852

			152,940,080
Internet Software & Services - 6.72%
Akamai Technologies, Inc. (I)(L)	92,800		2,440,640
Baidu, Inc., SADR (I)(L)	15,600		8,091,408
eBay, Inc. (I)	75,962		1,748,645
Google, Inc., Class A (I)(L)	175,384		92,392,291
Tencent Holdings, Ltd. (I)	1,186,100		23,192,548

			127,865,532
IT Services - 4.61%
Accenture PLC, Class A	246,800		9,864,596
Automatic Data Processing, Inc.	118,767		4,941,895
Fiserv, Inc. (I)	225,900		10,895,157
MasterCard, Inc.	117,460		26,354,500
The Western Union Company	303,300		4,786,074
Visa, Inc., Class A (L)	361,400		30,820,192

			87,662,414
Semiconductors & Semiconductor Equipment - 4.63%
Altera Corp.	437,900		10,697,897
Broadcom Corp., Class A	509,500		15,957,540
Intel Corp.	419,600		8,614,388
Marvell Technology Group, Ltd. (I)	1,454,190		28,094,951
NVIDIA Corp. (I)	189,600		3,071,520
Xilinx, Inc.	838,975		21,670,724

			88,107,020
Software - 3.86%
Adobe Systems, Inc. (I)	69,225		2,398,646
Autodesk, Inc. (I)	170,500		4,753,540
Intuit, Inc. (I)	110,000		3,559,600
McAfee, Inc. (I)	408,100		16,197,489
Microsoft Corp.	1,576,566		45,184,382
Salesforce.com, Inc. (I)	18,600		1,263,870

			73,357,527

			604,141,660
Materials - 2.02%
Chemicals - 1.88%
Ecolab, Inc.	7,100		299,194
Monsanto Company	179,604		12,689,023
Praxair, Inc.	302,600		22,737,364

			35,725,581


Blue Chip Growth Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Metals & Mining - 0.14%
Freeport-McMoRan Copper & Gold, Inc.		36,400	$	2,735,824

				38,461,405
Telecommunication Services - 1.81%
Wireless Telecommunication Services - 1.81%
American Tower Corp., Class A (I)		805,262		34,352,480

TOTAL COMMON STOCKS (Cost $1,497,812,525)			$	1,889,598,649

SHORT-TERM INVESTMENTS - 10.42%
*Short-Term Securities - 0.68%**
State Street Institutional US Government
Money Market Fund, 0.03489%	$	953,649		953,649
T. Rowe Price Reserve Investment
Fund, 0.2018%		11,906,428		11,906,428

				12,860,077
Securities Lending Collateral - 9.74%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		18,521,507		185,402,134

TOTAL SHORT-TERM INVESTMENTS (Cost $198,248,582)			$	198,262,211

Total Investments (Blue Chip Growth Fund)
(Cost $1,696,061,107) - 109.75%		$		2,087,860,860
Other assets and liabilities, net - (9.75%)				(185,525,349)

TOTAL NET ASSETS - 100.00%		$		1,902,335,511



Capital Appreciation Fund
		Shares or
		Principal
		Amount		Value

COMMON STOCKS - 96.61%
Consumer Discretionary - 15.54%
Auto Components - 0.94%
Johnson Controls, Inc.		418,600	$	13,018,460
Hotels, Restaurants & Leisure - 1.49%
Marriott International, Inc., Class A (L)		565,513		15,331,057
Starbucks Corp. (I)		230,700		5,285,337

				20,616,394
Internet & Catalog Retail - 3.48%
Amazon.com, Inc. (I)		407,900		48,295,360
Media - 2.16%
The Walt Disney Company		958,560		29,945,414
Multiline Retail - 1.96%
Dollar General Corp. (I)		229,560		5,484,188
Target Corp.		420,400		21,659,008

				27,143,196
Specialty Retail - 2.47%
Home Depot, Inc.		392,100		12,233,520
Staples, Inc.		441,500		11,373,040
Tiffany & Company (L)		238,711		10,596,381

				34,202,941
Textiles, Apparel & Luxury Goods - 3.04%
Coach, Inc.		301,890		11,000,872
NIKE, Inc., Class B (L)		459,442		31,058,279

				42,059,151

				215,280,916


The accompanying notes are an integral part of the financial statements.	43

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Capital Appreciation Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Consumer Staples - 4.87%
Food & Staples Retailing - 1.80%
Costco Wholesale Corp.	338,700	$	20,650,539
Whole Foods Market, Inc. (I)	122,500		4,347,525

			24,998,064
Food Products - 1.50%
Unilever PLC (I)	706,600		20,735,136
Household Products - 1.36%
Colgate-Palmolive Company	226,800		18,810,792
Personal Products - 0.21%
Mead Johnson Nutrition Company	62,100		2,937,330

			67,481,322
Energy - 7.39%
Energy Equipment & Services - 2.99%
Schlumberger, Ltd.	678,594		41,462,093
Oil, Gas & Consumable Fuels - 4.40%
Apache Corp.	132,800		13,763,392
Occidental Petroleum Corp.	435,700		34,790,645
Southwestern Energy Company (I)	292,400		12,441,620

			60,995,657

			102,457,750
Financials - 6.92%
Diversified Financial Services - 6.92%
Bank of America Corp.	889,200		14,814,072
JPMorgan Chase & Company	324,800		13,631,856
Morgan Stanley	498,100		14,036,458
The Charles Schwab Corp.	1,111,831		20,357,626
The Goldman Sachs Group, Inc.	211,510		33,069,589

			95,909,601

			95,909,601
Health Care - 19.11%
Biotechnology - 4.61%
Celgene Corp. (I)	382,500		22,766,400
Gilead Sciences, Inc. (I)	669,972		31,897,367
Vertex Pharmaceuticals, Inc. (I)	227,500		9,238,775

			63,902,542
Health Care Equipment & Supplies - 3.72%
Alcon, Inc.	138,969		22,196,129
Baxter International, Inc.	514,500		29,290,485

			51,486,614
Health Care Providers & Services - 3.52%
Express Scripts, Inc. (I)	124,600		11,962,846
Medco Health Solutions, Inc. (I)	581,400		36,767,736

			48,730,582
Life Sciences Tools & Services - 0.57%
Illumina, Inc. (I)(L)	218,000		7,917,760
Pharmaceuticals - 6.69%
Abbott Laboratories	309,400		16,794,232
Mylan, Inc. (I)(L)	526,100		11,226,974
Novartis AG (L)	127,000		7,025,640
Roche Holding AG (L)	322,800		13,463,988
Shire PLC, ADR (L)	259,870		16,766,812
Teva Pharmaceutical Industries, Ltd., SADR	458,300		27,502,583

			92,780,229

			264,817,727


Capital Appreciation Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Industrials - 5.11%
Aerospace & Defense - 3.06%
Boeing Company		133,900	$	8,457,124
Precision Castparts Corp.		168,460		18,993,865
United Technologies Corp.		217,230		14,912,840

				42,363,829
Machinery - 0.88%
Cummins, Inc.		215,480		12,234,954
Road & Rail - 1.17%
Union Pacific Corp.		241,400		16,263,118

				70,861,901
Information Technology - 36.27%
Communications Equipment - 6.26%
Cisco Systems, Inc. (I)		1,236,530		30,084,775
Juniper Networks, Inc. (I)		795,900		22,269,282
QUALCOMM, Inc.		937,300		34,389,537

				86,743,594
Computers & Peripherals - 9.16%
Apple, Inc. (I)		313,476		64,143,459
Hewlett-Packard Company		755,000		38,346,450
NetApp, Inc. (I)		813,500		24,413,135

				126,903,044
Electronic Equipment, Instruments & Components - 0.40%
Agilent Technologies, Inc. (I)		177,845		5,595,004
Internet Software & Services - 5.49%
Baidu, Inc., SADR (I)(L)		22,745		11,797,377
Google, Inc., Class A (I)		103,030		54,276,204
Tencent Holdings, Ltd. (I)		509,400		9,960,614

				76,034,195
IT Services - 5.54%
Infosys Technologies, Ltd., ADR		40,200		2,287,380
MasterCard, Inc. (L)		164,100		36,819,117
Visa, Inc., Class A (L)		440,700		37,582,896

				76,689,393
Semiconductors & Semiconductor Equipment - 1.65%
Cree, Inc. (I)		127,800		8,668,674
Intel Corp.		692,300		14,212,919

				22,881,593
Software - 7.77%
Adobe Systems, Inc. (I)		942,215		32,647,750
Microsoft Corp.		1,791,741		51,351,297
Salesforce.com, Inc. (I)		261,640		17,778,438
VMware, Inc., Class A (I)(L)		120,000		5,941,200

				107,718,685

				502,565,508
Materials - 1.40%
Chemicals - 1.40%
Monsanto Company		90,800		6,415,020
Praxair, Inc.		172,900		12,991,705

				19,406,725

				19,406,725

TOTAL COMMON STOCKS (Cost $1,080,847,467)			$	1,338,781,450


SHORT-TERM INVESTMENTS - 15.71%
*Short-Term Securities - 3.64%**
State Street Institutional Investment Treasury
Money Market Fund, 0.000%	$	50,540,883		50,540,883


The accompanying notes are an integral part of the financial statements.	44

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Capital Appreciation Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS (continued)
*Short-Term Securities (continued)**
Securities Lending Collateral - 12.07%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*	$	16,705,883	$	167,227,555

TOTAL SHORT-TERM INVESTMENTS (Cost $217,742,070)			$	217,768,438

Total Investments (Capital Appreciation Fund)
(Cost $1,298,589,537) - 112.32%			$	1,556,549,888
Other assets and liabilities, net - (12.32%)				(170,754,270)

TOTAL NET ASSETS - 100.00%			$	1,385,795,618




Core Bond Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 57.71%
Federal Home Loan Mortgage Corp. - 5.54%
5.000%, TBA (B)	$	500,000	$	519,727
5.500%, 01/01/2018 to 12/01/2037		15,689,553		16,760,739
5.607%, 07/01/2038 (P)		1,225,187		1,291,807
5.653%, 10/01/2038 (P)		301,469		316,456
5.682%, 03/01/2036 (P)		36,009		37,967
5.710%, 03/01/2036 (P)		208,116		219,432
5.723%, 02/01/2037 (P)		430,255		453,651
5.809%, 11/01/2038 (P)		9,113		9,609
5.830%, 11/01/2036 (P)		652,940		688,444
5.861%, 09/01/2038 (P)		27,367		28,855
5.915%, 03/01/2037 (P)		455,149		479,898
5.953%, 01/01/2037 (P)		52,987		55,868
5.954%, 11/01/2037 (P)		107,738		113,353
5.957%, 03/01/2038 (P)		2,180,282		2,298,835
6.000%, 10/01/2019 to 03/01/2034		534,937		580,237
6.124%, 04/01/2037 (P)		632,721		667,125
6.141%, 06/01/2037 (P)		164,157		173,083
6.161%, 08/01/2037 (P)		408,359		430,322
6.500%, 07/01/2034		540,364		590,544

				25,715,952
Federal National Mortgage Association - 30.59%
4.500%, TBA (B)		16,200,000		16,382,296
4.500%, 02/01/2040		10,048,381		10,187,724
5.000%, TBA (B)		25,600,000		26,537,374
5.471%, 09/01/2037 (P)		317,703		334,978
5.498%, 05/01/2038 (P)		3,096,280		3,264,640
5.500%, 01/01/2019 to 09/01/2036 (C)		54,546,348		58,369,398
5.571%, 05/01/2037 (P)		428,430		451,726
5.610%, 01/01/2037 (P)		660,548		696,465
5.645%, 09/01/2037 (P)		364,730		384,117
5.661%, 05/01/2037 (P)		232,306		244,938
5.669%, 02/01/2039 (P)		786,592		827,169
5.712%, 05/01/2037 (P)		314,988		332,116
5.801%, 08/01/2037 (P)		733,191		773,058
5.814%, 03/01/2037 (P)		569,875		600,862
5.821%, 11/01/2037 (P)		449,486		473,927
5.869%, 03/01/2037 (P)		648,015		683,250
5.871%, 04/01/2037 to 12/01/2037 (P)		1,959,321		2,065,859
5.888%, 03/01/2037 (P)		241,406		254,532
5.891%, 02/01/2037 (P)		212,007		223,535
5.907%, 10/01/2037 (P)		400,679		422,466
5.912%, 04/01/2037 to 09/01/2037 (P)		695,978		733,822
5.919%, 01/01/2037 (P)		299,127		315,392


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
Federal National Mortgage Association (continued)
5.926%, 03/01/2037 (P)	$	284,110	$	299,558
5.943%, 07/01/2037 (P)		521,994		550,378
5.945%, 07/01/2037 (P)		529,886		558,698
5.948%, 05/01/2037 (P)		238,460		251,426
5.966%, 07/01/2037 (P)		278,282		293,414
5.969%, 04/01/2037 (P)		254,050		267,864
5.970%, 07/01/2037 (P)		578,517		609,974
6.000%, 10/01/2019 to 04/01/2036		8,990,025		9,719,939
6.009%, 01/01/2037 (P)		241,432		254,560
6.013%, 10/01/2037 (P)		312,754		329,760
6.014%, 10/01/2037 (P)		165,487		174,486
6.025%, 11/01/2037 (P)		254,850		268,707
6.067%, 09/01/2037 (P)		156,226		164,721
6.106%, 12/01/2036 (P)		184,256		194,275
6.252%, 09/01/2037 (P)		456,270		481,080
6.273%, 09/01/2037 (P)		140,478		150,016
6.280%, 10/01/2036 (P)		275,727		290,720
7.000%, 06/01/2035 to 01/01/2039		2,370,606		2,560,758

				141,979,978
Government National Mortgage Association - 3.63%
4.500%, TBA (B)		15,500,000		15,701,327
6.500%, 12/15/2032		1,057,292		1,162,595

				16,863,922
U.S. Treasury Bonds - 2.71%
3.500%, 02/15/2039		2,615,000		2,181,891
4.250%, 05/15/2039		1,921,000		1,834,555
4.375%, 11/15/2039		2,756,000		2,686,240
5.375%, 02/15/2031		5,186,000		5,865,853

				12,568,539
U.S. Treasury Notes - 15.24%
0.750%, 11/30/2011		10,000		10,014
0.875%, 04/30/2011 to 01/31/2012		10,969,000		11,029,811
1.000%, 07/31/2011 to 12/31/2011		1,298,000		1,306,233
1.125%, 12/15/2012		924,000		921,329
1.375%, 10/15/2012 to 02/15/2013		12,418,000		12,444,326
2.125%, 11/30/2014		2,392,000		2,388,264
2.250%, 01/31/2015		9,517,000		9,519,969
2.375%, 02/28/2015		4,953,000		4,974,298
2.625%, 12/31/2014		1,613,000		1,644,126
2.750%, 11/30/2016		515,000		507,959
3.125%, 05/15/2019		16,198,000		15,688,016
3.375%, 11/15/2019		1,111,000		1,091,644
3.625%, 08/15/2019 to 02/15/2020		9,179,000		9,215,303

				70,741,292

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $265,383,201)			$	267,869,683


FOREIGN GOVERNMENT
OBLIGATIONS - 2.01%
Brazil - 0.05%
Brazilian Government International Bond
5.625%, 01/07/2041		270,000		251,775
Canada - 0.34%
Province of Ontario
4.100%, 06/16/2014		1,500,000		1,594,352
Hungary - 0.22%
Republic of Hungary
6.250%, 01/29/2020		995,000		1,017,555


The accompanying notes are an integral part of the financial statements.	45

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Korea - 0.26%
Republic of Korea
7.125%, 04/16/2019	$	1,010,000	$	1,182,285
Qatar - 0.30%
Government of Qatar
4.000%, 01/20/2015 (S)		335,000		338,350
5.250%, 01/20/2020 (S)		535,000		543,025
6.400%, 01/20/2040 (S)		515,000		518,863

				1,400,238
South Korea - 0.22%
Korea Development Bank
4.375%, 08/10/2015		1,010,000		1,023,732
Sweden - 0.41%
Svensk Exportkredit AB
3.250%, 09/16/2014		1,876,000		1,920,324
Venezuela - 0.21%
Banco Nacional De Desenvolvimento
Economico e Social
5.500%, 07/12/2020 (S)		970,000		953,025

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $9,098,076)			$	9,343,286


CORPORATE BONDS - 22.50%
Banks - 2.42%
Achmea Hypotheekbank NV
3.200%, 11/03/2014 (S)		2,000,000		2,039,732
Barclays Bank PLC
5.000%, 09/22/2016		925,000		944,368
5.125%, 01/08/2020		600,000		589,132
Commonwealth Bank of Australia
3.750%, 10/15/2014 (S)		810,000		820,507
5.000%, 10/15/2019 (S)		810,000		813,456
NIBC Bank NV
2.800%, 12/02/2014 (S)		1,375,000		1,374,967
Nordea Bank AB
2.500%, 11/13/2012 (S)		790,000		796,857
3.700%, 11/13/2014 (S)		920,000		929,735
US Bank NA, MTN
5.920%, 05/25/2012		903,973		941,334
Westpac Banking Corp.
2.250%, 11/19/2012		1,370,000		1,376,954
4.875%, 11/19/2019		595,000		587,355

				11,214,397
Beverages - 0.81%
Anheuser-Busch InBev Worldwide, Inc.
4.125%, 01/15/2015 (S)		1,480,000		1,524,812
7.750%, 01/15/2019 (S)		1,015,000		1,221,747
PepsiCo, Inc.
5.500%, 01/15/2040		990,000		1,004,699

				3,751,258
Biotechnology - 0.41%
Amgen, Inc.
6.400%, 02/01/2039		585,000		648,901
Life Technologies Corp.
4.400%, 03/01/2015		450,000		455,563
6.000%, 03/01/2020		795,000		819,656

				1,924,120
Chemicals - 0.69%
The Dow Chemical Company
4.850%, 08/15/2012		955,000		1,016,552
5.900%, 02/15/2015		500,000		541,335


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Chemicals (continued)
The Dow Chemical Company (continued)
8.550%, 05/15/2019	$	1,380,000	$	1,668,300

				3,226,187
Commercial Services - 0.44%
Hutchison Whampoa International, Ltd.
4.625%, 09/11/2015 (S)		2,005,000		2,062,219
Computers - 0.17%
Hewlett-Packard Company
4.750%, 06/02/2014		709,000		768,706
Diversified Financial Services - 4.83%
American Express Company
7.250%, 05/20/2014		685,000		780,916
Bank of America Corp.
5.750%, 12/01/2017		260,000		263,290
6.000%, 09/01/2017		590,000		607,714
7.375%, 05/15/2014		870,000		978,280
7.625%, 06/01/2019		505,000		571,081
Bear Stearns Companies, Inc.
6.950%, 08/10/2012		460,000		512,319
BP Capital Markets PLC
3.875%, 03/10/2015		965,000		1,008,505
Capital One Bank USA NA
8.800%, 07/15/2019		795,000		955,336
Citigroup Funding, Inc.
1.875%, 10/22/2012		1,735,000		1,750,795
Citigroup, Inc.
6.125%, 05/15/2018		745,000		747,507
6.375%, 08/12/2014		875,000		928,636
Credit Suisse AG
5.400%, 01/14/2020		915,000		918,988
Credit Suisse New York
5.300%, 08/13/2019		635,000		650,519
6.000%, 02/15/2018		770,000		808,906
HSBC Holdings PLC
6.800%, 06/01/2038		545,000		581,433
JPMorgan Chase Bank NA
6.000%, 10/01/2017		1,035,000		1,112,573
JPMorgan Chase Capital XXV
6.800%, 10/01/2037		870,000		850,880
Lazard Group LLC
6.850%, 06/15/2017		1,255,000		1,274,662
7.125%, 05/15/2015		1,275,000		1,356,538
Morgan Stanley
4.100%, 01/26/2015		991,000		989,348
5.500%, 01/26/2020		1,250,000		1,224,534
5.950%, 12/28/2017		475,000		489,588
7.250%, 04/01/2032		400,000		448,558
Private Export Funding Corp.
3.050%, 10/15/2014		355,000		358,041
The Goldman Sachs Capital II
5.793%, 12/29/2049 (P)		1,330,000		1,060,675
The Goldman Sachs Group, Inc.
6.750%, 10/01/2037		803,000		778,561
7.500%, 02/15/2019		375,000		429,186

				22,437,369
Electric - 2.08%
Dominion Resources, Inc.
8.875%, 01/15/2019		1,790,000		2,282,760
DPL, Inc.
6.875%, 09/01/2011		1,060,000		1,141,162
Duke Energy Corp.
6.300%, 02/01/2014		785,000		876,124


The accompanying notes are an integral part of the financial statements.	46

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
EDF SA
5.600%, 01/27/2040 (S)	$	580,000	$	567,611
Enel Finance International SA
6.000%, 10/07/2039 (S)		650,000		629,862
Exelon Generation Company LLC
5.200%, 10/01/2019		240,000		244,284
6.250%, 10/01/2039		250,000		255,786
FirstEnergy Solutions Corp.
4.800%, 02/15/2015		290,000		302,396
Firstenergy Solutions Corp.
6.050%, 08/15/2021		885,000		912,031
6.800%, 08/15/2039		375,000		383,188
Nevada Power Company
8.250%, 06/01/2011		1,425,000		1,541,873
Progress Energy, Inc.
6.850%, 04/15/2012		475,000		522,852

				9,659,929
Food - 0.21%
Kraft Foods, Inc.
6.500%, 02/09/2040		925,000		968,998
Healthcare Products - 0.12%
CareFusion Corp.
4.125%, 08/01/2012		520,000		540,157
Healthcare Services - 0.41%
Coventry Health Care, Inc.
5.950%, 03/15/2017		880,000		833,765
UnitedHealth Group, Inc.
6.875%, 02/15/2038		955,000		1,049,553

				1,883,318
Insurance - 0.11%
Liberty Mutual Group, Inc.
7.500%, 08/15/2036 (S)		548,000		522,048
Media - 0.98%
British Sky Broadcasting Group PLC
9.500%, 11/15/2018 (S)		620,000		804,942
Comcast Cable Communications
Holdings, Inc.
8.375%, 03/15/2013		934,000		1,084,372
Comcast Corp.
5.150%, 03/01/2020		800,000		807,278
6.400%, 03/01/2040		550,000		559,611
Grupo Televisa SA
6.625%, 01/15/2040 (S)		800,000		786,232
Thomson Reuters Corp.
5.950%, 07/15/2013		460,000		512,481

				4,554,916
Mining - 0.54%
Rio Tinto Finance USA, Ltd.
5.875%, 07/15/2013		760,000		835,816
9.000%, 05/01/2019		670,000		868,252
Vale Overseas, Ltd.
6.875%, 11/10/2039		810,000		825,003

				2,529,071
Oil & Gas - 2.16%
Anadarko Petroleum Corp.
6.450%, 09/15/2036		335,000		351,216
8.700%, 03/15/2019		826,000		1,038,398
Cenovus Energy, Inc.
5.700%, 10/15/2019 (S)		465,000		490,564
Husky Energy, Inc.
5.900%, 06/15/2014		455,000		498,951


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Oil & Gas (continued)
Husky Energy, Inc. (continued)
7.250%, 12/15/2019	$	780,000	$	909,601
Petrobras International Finance Company
6.875%, 01/20/2040		510,000		519,481
7.875%, 03/15/2019		940,000		1,082,552
Ras Laffan Liquefied Natural Gas
Company, Ltd. III
4.500%, 09/30/2012 (S)		595,000		620,085
5.500%, 09/30/2014 (S)		945,000		996,975
Shell International Finance BV
4.000%, 03/21/2014		645,000		682,217
Suncor Energy, Inc.
6.500%, 06/15/2038		645,000		684,009
Total Capital SA
3.125%, 10/02/2015		1,070,000		1,071,180
Valero Energy Corp.
9.375%, 03/15/2019		605,000		726,886
XTO Energy, Inc.
6.750%, 08/01/2037		300,000		353,709

				10,025,824
Pharmaceuticals - 0.26%
Pfizer, Inc.
5.350%, 03/15/2015		1,065,000		1,183,869
Pipelines - 1.02%
Energy Transfer Partners LP
8.500%, 04/15/2014		470,000		550,096
9.000%, 04/15/2019		855,000		1,051,993
Kinder Morgan, Inc.
6.500%, 09/01/2012		1,950,000		2,042,625
Williams Partners LP
3.800%, 02/15/2015 (S)		405,000		409,131
6.300%, 04/15/2040 (S)		660,000		659,942

				4,713,787
Real Estate - 1.20%
Digital Realty Trust LP
5.875%, 02/01/2020 (S)		495,000		489,444
HCP, Inc.
5.650%, 12/15/2013		915,000		942,811
6.000%, 01/30/2017		185,000		179,419
6.300%, 09/15/2016		280,000		281,072
6.700%, 01/30/2018		315,000		316,220
Mack-Cali Realty Corp.
7.750%, 08/15/2019		295,000		325,984
WEA Finance LLC
5.400%, 10/01/2012 (S)		716,000		764,438
6.750%, 09/02/2019 (S)		375,000		402,065
7.125%, 04/15/2018 (S)		1,130,000		1,240,070
7.500%, 06/02/2014 (S)		555,000		626,829

				5,568,352
Republic of Venezuela - 0.40%
Societe Financement de l’Economie Francaise
2.875%, 09/22/2014 (S)		1,825,000		1,853,238
Software - 0.26%
Adobe Systems, Inc.
3.250%, 02/01/2015		545,000		549,431
4.750%, 02/01/2020		665,000		660,821

				1,210,252
Telecommunications - 2.54%
America Movil SAB de CV
5.000%, 10/16/2019 (S)		1,273,000		1,258,298


The accompanying notes are an integral part of the financial statements.	47

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications (continued)
British Telecommunications PLC
9.625%, 12/15/2030	$	295,000	$	374,419
Cisco Systems, Inc.
4.450%, 01/15/2020		1,205,000		1,203,989
5.500%, 01/15/2040		1,095,000		1,062,140
France Telecom SA
7.750%, 03/01/2011		530,000		565,498
Qwest Corp.
7.500%, 10/01/2014		1,050,000		1,118,250
Rogers Cable, Inc.
5.500%, 03/15/2014		190,000		206,238
Rogers Wireless, Inc.
6.375%, 03/01/2014		1,450,000		1,625,211
Telefonica Emisiones SAU
5.984%, 06/20/2011		640,000		675,725
Verizon Wireless Capital LLC
3.750%, 05/20/2011		1,250,000		1,291,111
7.375%, 11/15/2013		1,535,000		1,781,813
8.500%, 11/15/2018		505,000		636,024

				11,798,716
Tobacco - 0.44%
Altria Group, Inc.
9.700%, 11/10/2018		1,310,000		1,647,410
10.200%, 02/06/2039		280,000		378,944

				2,026,354

TOTAL CORPORATE BONDS (Cost $99,994,904)			$	104,423,085


MUNICIPAL BONDS - 0.51%
California - 0.29%
Los Angeles Unified School District
6.758%, 07/01/2034		625,000		652,169
State of California
7.300%, 10/01/2039		725,000		692,984

				1,345,153
Nevada - 0.14%
County of Clark
6.820%, 07/01/2045		630,000		646,178
Texas - 0.08%
North Texas Tollway Authority
6.718%, 01/01/2049		335,000		361,609

TOTAL MUNICIPAL BONDS (Cost $2,334,768)			$	2,352,940


COLLATERALIZED MORTGAGE
OBLIGATIONS - 21.82%
Asset Securitization Corp.,
Series 1996-D3, Class A2
7.776%, 10/13/2026 (P)		579,000		613,713
Banc of America Commercial Mortgage, Inc.
Series 2005-4, Class A5A,
4.933%, 07/10/2045		274,000		273,268
Series 2005-6, Class A4,
5.178%, 09/10/2047 (P)		235,000		242,208
Series 2006-1, Class A4,
5.372%, 09/10/2045 (P)		463,000		470,925
Series 2006-5, Class A4,
5.414%, 09/10/2047		495,000		487,281
Series 2002-PB2, Class B,
6.309%, 06/11/2035		143,000		150,451
Series 2002-2, Class E,
7.634%, 09/15/2032 (P)		208,000		207,497


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Bear Stearns Commercial Mortgage
Securities, Inc.
Series 2003-T12, Class A3,
4.240%, 08/13/2039 (P)	$	91,422	$	92,619
Series 2002-PBW1, Class A2,
4.720%, 11/11/2035 (P)		246,000		255,495
Series 2005-PWR9, Class AAB,
4.804%, 09/11/2042		347,000		359,521
Series 2002-TOP8, Class A2,
4.830%, 08/15/2038		730,000		760,810
Series 2004-PWR4, Class A2,
5.286%, 06/11/2041 (P)		408,357		424,110
Series 2005-PW10, Class A4,
5.405%, 12/11/2040 (P)		1,175,000		1,207,908
Series 2004-PWR4, Class A3,
5.468%, 06/11/2041 (P)		208,000		215,544
Series 2001-TOP4, Class A3,
5.610%, 11/15/2033		532,000		553,736
Series 2002-TOP6, Class A2,
6.460%, 10/15/2036		1,274,000		1,356,569
Commercial Mortgage Asset Trust
6.975%, 01/17/2032 (P)		1,240,000		1,350,443
Commercial Mortgage Pass
Through Certificates
Series 2004-LB2A, Class A4,
4.715%, 03/10/2039		441,000		448,935
Series 2004-LB3A, Class A5,
5.314%, 07/10/2037 (P)		500,000		513,432
Series 2001-J2A, Class A2,
6.096%, 07/16/2034 (S)		945,000		987,715
Credit Suisse First Boston Mortgage Securities
Corp., Series 2005-C1, Class A4
5.014%, 02/15/2038 (P)		511,000		521,296
CS First Boston Mortgage Securities Corp.
Series 2002-CKS4, Class A4,
4.485%, 11/15/2036		14,276		14,523
Series 2003-CPN1, Class A2,
4.597%, 03/15/2035		131,000		135,180
Series 2003-CK2, Class A4,
4.801%, 03/15/2036		180,000		187,349
Series 2005-C1, Class A3,
4.813%, 02/15/2038		107,000		107,493
Series 2005-C2, Class A4,
4.832%, 04/15/2037		318,000		319,514
Series 2002-CP5, Class A2,
4.940%, 12/15/2035		616,000		643,234
Series 2005-C5, Class A4,
5.100%, 08/15/2038 (P)		350,000		358,007
Series 2002-CKS4, Class A2,
5.183%, 11/15/2036		1,017,000		1,066,175
Series 2001-CKN5, Class A4,
5.435%, 09/15/2034		170,568		176,450
Series 2002-CKN2, Class A3,
6.133%, 04/15/2037		138,000		146,296
Federal Home Loan Mortgage Corp.
Series 2727, Class PW,
3.570%, 06/15/2029		75,690		77,105
Series 3465, Class HA,
4.000%, 07/15/2017		427,856		445,843
Series 2003-2676, Class CY,
4.000%, 09/15/2018		282,000		292,064
Series 2004-2765, Class CT,
4.000%, 03/15/2019		193,000		199,833
Series 2004-2875, Class HB,
4.000%, 10/15/2019		202,000		206,972


The accompanying notes are an integral part of the financial statements.	48

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Federal Home Loan Mortgage Corp. (continued)
Series 2004-2790, Class TN,
4.000%, 05/15/2024	$	408,000	$	413,655
Series KOO4, Class A2,
4.186%, 08/25/2019		629,000		630,761
Series 2007-3372, Class BD,
4.500%, 10/15/2022		339,000		359,655
Series 2985, Class JR,
4.500%, 06/15/2025		257,000		271,028
Series 2005-3008, Class JM,
4.500%, 07/15/2025		302,000		314,353
Series 2003-2690, Class TV,
4.500%, 11/15/2025		217,000		228,872
Series 3234, Class MC,
4.500%, 10/15/2036		546,000		542,875
Series 2009-K003, Class AAB,
4.768%, 05/25/2018		648,000		689,665
Series 2003-2590, Class NU,
5.000%, 06/15/2017		381,000		395,279
Series 2590, Class BY,
5.000%, 03/15/2018		73,000		78,479
Series 3289, Class PC,
5.000%, 12/15/2032		926,000		980,070
Series 2899, Class PD,
5.000%, 04/15/2033		1,010,000		1,074,449
Series 3128, Class BE,
5.000%, 05/15/2033		1,084,000		1,152,165
Series 2888, Class CG,
5.000%, 08/15/2033		1,328,000		1,412,545
Series 2934, Class CI,
5.000%, 01/15/2034		566,000		602,999
Series 3099, Class OG,
5.000%, 06/15/2034		1,557,000		1,654,726
Series 2005-3028, Class PG,
5.500%, 09/15/2035		170,079		182,798
Series 2005-3035, Class PA,
5.500%, 09/15/2035		213,832		231,415
Series 3325, Class JL,
5.500%, 06/15/2037		481,584		513,243
Federal National Mortgage Association
Series 2010-M1, Class A1,
3.305%, 06/25/2019		239,000		240,194
Series 2003-108, Class BE,
4.000%, 11/25/2018		333,000		346,789
Series 2003-125, Class AY,
4.000%, 12/25/2018		82,000		85,052
Series 2004-3, Class HT,
4.000%, 02/25/2019		111,000		115,084
Series 2004-80, Class LE,
4.000%, 11/25/2019		1,528,000		1,560,829
Series 2009-M2, Class A3,
4.001%, 01/25/2019		1,147,000		1,142,419
Series 2009-M1, Class A2,
4.287%, 07/25/2019		1,731,000		1,747,292
Series 2010-M1, Class A2,
4.450%, 09/25/2019		371,000		372,833
Series 2002-94, Class HQ,
4.500%, 01/25/2018		280,000		296,751
Series 2004-81, Class KE,
4.500%, 11/25/2019		150,000		158,189
Series 2007-113, Class DB,
4.500%, 12/25/2022		340,000		354,294
Series 2003-3, Class HJ,
5.000%, 02/25/2018		324,000		349,275


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Federal National Mortgage
Association (continued)
Series 2009-78, Class J,
5.000%, 09/25/2019	$	1,574,771	$	1,674,584
Series 2008-66, Class B,
5.000%, 08/25/2023		83,000		89,080
Series 2005-30, Class UE,
5.000%, 01/25/2034		643,000		683,061
Series 2005-16, Class PE,
5.000%, 03/25/2034		1,610,000		1,715,507
Series 2009-71, Class XB,
5.000%, 03/25/2038		830,000		875,761
Series 2004-60, Class PA,
5.500%, 04/25/2034		208,990		223,665
Series 2005-58, Class MA,
5.500%, 07/25/2035		172,508		187,194
Series 2007-77, Class MH,
6.000%, 12/25/2036		7,000,758		7,440,514
Series 2001-81, Class HE,
6.500%, 01/25/2032		6,214,184		6,853,497
FHLMC Multifamily Structured Pass
Through Certificates
Series K005, Class A1,
3.484%, 04/25/2019		246,000		248,657
Series K005, Class A2,
4.317%, 11/25/2019		1,209,000		1,212,990
First Horizon Alternative Mortgage Securities,
Series 2006-FA6, Class 2A10
6.000%, 11/25/2036		3,589		3,533
First Union National Bank
Commercial Mortgage
Series 2002-C1, Class A2,
6.141%, 02/12/2034		257,159		271,404
Series 2001-C4, Class B,
6.417%, 12/12/2033		188,000		192,542
GE Capital Commercial Mortgage Corp.
Series 2005-C4, Class A4,
5.339%, 11/10/2045 (P)		2,181,000		2,252,049
Series 2001-3, Class A1,
5.560%, 06/10/2038		156,063		159,148
Series 2001-2, Class A3,
6.030%, 08/11/2033		27,293		27,536
Series 2002-1A, Class A3,
6.269%, 12/10/2035		252,000		267,722
GMAC Commercial Mortgage Securities, Inc.
Series 2002-C3, Class A2,
4.930%, 07/10/2039		197,000		206,199
Series 2003-C3, Class A4,
5.023%, 04/10/2040		428,000		448,559
Series 2004-C2, Class A4,
5.301%, 08/10/2038 (P)		409,000		420,926
Series 2003-C2, Class A2,
5.485%, 05/10/2040 (P)		193,000		205,298
Series 2001-C2, Class B,
6.790%, 04/15/2034		128,000		134,261
Series 2000-C2, Class A2,
7.455%, 08/16/2033 (P)		20,105		20,249
Government National Mortgage Association,
Series 2006-37, Class JG
5.000%, 07/20/2036		254,000		267,229
Greenwich Capital Commercial Funding Corp.
Series 2005-GG5, Class A2,
5.117%, 04/10/2037		745,000		757,313
Series 2004-GG1, Class A6,
5.135%, 06/10/2036 (P)		322,000		333,004


The accompanying notes are an integral part of the financial statements.	49

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Greenwich Capital Commercial Funding
Corp. (continued)
Series 2005-GG5, Class AAB,
5.190%, 04/10/2037 (P)	$	642,000	$	670,258
Series 2005-GG5, Class A5,
5.224%, 04/10/2037 (P)		1,694,000		1,699,968
Series 2006-GG7, Class A4,
5.883%, 07/10/2038 (P)		1,223,000		1,212,465
GS Mortgage Securities Corp II
Series 2004-C1, Class A2,
4.319%, 10/10/2028		516,950		522,485
Series 2001-GL3A, Class A2,
6.449%, 08/05/2018 (P)(S)		1,795,000		1,920,556
JPMorgan Chase Commercial Mortgage
Securities Corp.
Series 2005-LDP4, Class A4,
4.918%, 10/15/2042 (P)		346,000		350,917
Series 2008-C2, Class A1,
5.017%, 02/12/2051		32,824		33,600
Series 2002-CIB5, Class A2,
5.161%, 10/12/2037		149,000		156,397
Series 2007-LDPX, Class A2S,
5.305%, 01/15/2049		2,133,000		2,106,823
Series 2003-PM1A, Class A4,
5.326%, 08/12/2040 (P)		1,000,000		1,048,337
Series 2004-CB9, Class A4,
5.376%, 06/12/2041 (P)		433,000		444,289
Series 2006-CB14, Class A4,
5.481%, 12/12/2044 (P)		581,000		588,815
Series 2009-IWST, Class A2,
5.633%, 12/05/2027 (S)		953,000		999,398
Series 2007-C1, Class A4,
5.716%, 02/15/2051		778,000		682,061
Series 2007-CB19, Class A2,
5.747%, 02/12/2049 (P)		189,000		198,021
Series 2006-LDP7, Class A2,
5.860%, 04/15/2045 (P)		398,000		410,939
Series 2002-CIB4, Class A3,
6.162%, 05/12/2034		1,526,000		1,619,408
Series 2001-CIBC, Class A3,
6.260%, 03/15/2033		179,340		184,122
Series 2001-CIB3, Class A3,
6.465%, 11/15/2035		876,000		924,662
JPMorgan Commercial Mortgage
Finance Corp.
Series 2000-C10, Class A2,
7.371%, 08/15/2032 (P)		31,891		31,892
Series 2000-C10, Class C,
7.642%, 08/15/2032 (P)		243,000		243,241
JPMorgan Chase Commercial Mortgage
Securities Corp.,
Series 2006-LDP9, Class A3
5.336%, 05/15/2047		604,000		560,388
LB-UBS Commercial Mortgage Trust
Series 2003-C3, Class A4,
4.166%, 05/15/2032		248,000		254,456
Series 2002-C4, Class A4,
4.563%, 09/15/2026		258,914		266,144
Series 2004-C7, Class A5,
4.628%, 10/15/2029		232,000		234,803
Series 2002-C4, Class A5,
4.853%, 09/15/2031		516,000		539,463
Series 2003-C8, Class A4,
5.124%, 11/15/2032 (P)		164,000		172,016


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
LB-UBS Commercial Mortgage
Trust (continued)
Series 2007-C1, Class A2,
5.318%, 02/15/2040	$	647,000	$	667,200
Series 2006-C6, Class A4,
5.372%, 09/15/2039		622,000		627,332
Series 2007-C1, Class A3,
5.398%, 02/15/2040		451,000		462,129
Series 2007-C1, Class AAB,
5.403%, 02/15/2040		114,000		114,246
Series 2002-C2, Class A4,
5.594%, 06/15/2031		842,000		891,699
Series 2006-C4, Class A4,
5.882%, 06/15/2038 (P)		814,000		815,283
Series 2008-C1, Class A2,
6.155%, 04/15/2041 (P)		190,000		197,071
Series 2001-C2, Class A2,
6.653%, 11/15/2027		162,845		169,132
Merrill Lynch Mortgage Trust,
Series 2005-CIP1, Class A3A
4.949%, 07/12/2038 (P)		338,000		340,179
Morgan Stanley Capital I
4.070%, 05/15/2040		122,000		124,293
Series 2005-T17, Class A4,
4.520%, 12/13/2041		58,000		59,256
Series 2004-T15, Class A2,
4.690%, 06/13/2041		168,276		170,013
Series 2005-T17, Class A5,
4.780%, 12/13/2041		175,000		178,173
Series 2004-HQ3, Class A4,
4.800%, 01/13/2041		281,000		288,243
Series 2004-HQ4, Class A7,
4.970%, 04/14/2040		2,187,000		2,179,903
Series 2005-HQ6, Class A4A,
4.989%, 08/13/2042		532,000		543,742
Series 2003-IQ5, Class A4,
5.010%, 04/15/2038		289,752		299,714
Series 2005-HQ5, Class AAB,
5.037%, 01/14/2042		748,000		777,461
Series 2003-T11, Class A4,
5.150%, 06/13/2041		612,000		636,551
Series 2005-HQ5, Class A4,
5.168%, 01/14/2042		169,000		175,232
Series 2005-HQ7, Class AAB,
5.184%, 11/14/2042 (P)		494,000		517,352
Series 2001-TOP3, Class B,
5.270%, 06/13/2041 (P)		287,000		293,330
Series 2006-HQ8, Class A2,
5.374%, 03/12/2044		562,000		573,341
Series 2006-HQ8, Class A4,
5.385%, 03/12/2044 (P)		1,283,000		1,316,401
Series 2004-IQ7, Class A4,
5.402%, 06/15/2038 (P)		1,207,000		1,250,128
Series 2006-T23, Class A4,
5.810%, 08/12/2041 (P)		526,000		555,072
Morgan Stanley Dean Witter Capital I
4.740%, 11/13/2036		366,000		380,981
Series 2003-HQ2, Class A2,
4.920%, 03/12/2035		1,018,000		1,056,361
Series 2002-IQ2, Class A4,
5.740%, 12/15/2035		142,482		149,957
Series 2001-TOP5, Class A4,
6.390%, 10/15/2035		1,901,525		2,006,374
Series 2002-HQ, Class A3,
6.510%, 04/15/2034		176,818		186,923


The accompanying notes are an integral part of the financial statements.	50

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Morgan Stanley Dean Witter Capital
I (continued)
Series 2001-TOP3, Class B,
6.550%, 07/15/2033	$	258,000	$	269,665
Morgan Stanley Mortgage Loan Trust,
Series 2007-6XS, Class 2A1S
0.339%, 02/25/2047 (P)		82,425		62,818
Nomura Asset Securities Corp.,
Series 1998-D6, Class A1C
6.690%, 03/15/2030		938,926		1,013,758
Prudential Mortgage Capital Funding LLC,
Series 2001-ROCK, Class B
6.760%, 05/10/2034		234,000		245,976
Salomon Brothers Mortgage Securities
VII, Inc.
Series 2002-KEY2, Class A2,
4.467%, 03/18/2036		268,731		277,394
Series 2000-C2, Class C,
7.727%, 07/18/2033 (P)		370,000		370,550
Wachovia Bank Commercial Mortgage Trust
Series 2003-C8, Class A3,
4.445%, 11/15/2035		197,000		198,790
Series 2005-C18, Class A4,
4.935%, 04/15/2042		105,000		107,913
Series 2003-C6, Class A3,
4.957%, 08/15/2035 (P)		367,000		374,810
Series 2004-C11, Class A4,
5.030%, 01/15/2041		379,000		388,347
Series 2002-C1, Class A4,
6.287%, 04/15/2034		347,000		369,645

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $97,767,734)			$	101,297,691


ASSET BACKED SECURITIES - 6.03%
Ally Master Owner Trust,
Series 2010-1, Class A
1.978%, 01/15/2015 (P)(S)		3,570,000		3,570,054
BA Credit Card Trust
Series 2007-A2, Class A2,
0.251%, 06/17/2013 (P)		576,000		573,572
Series 2008-A1, Class A1,
0.812%, 04/15/2013 (P)		190,000		190,157
Capital One Multi-Asset Execution Trust
Series 2008-A5, Class A5,
4.850%, 02/18/2014		602,000		628,859
Series 2008-A3, Class A3,
5.050%, 02/15/2016		1,055,000		1,148,544
Citibank Credit Card Issuance Trust
Series 2009-A5, Class A5,
2.250%, 12/23/2014		1,034,000		1,040,883
Series 2005-A5, Class A5,
4.850%, 04/22/2015		529,000		572,184
Citigroup Mortgage Loan Trust, Inc.,
Series 2007-AHL1, Class A2A
0.269%, 12/25/2036 (P)		97,713		90,871
Discover Card Master Trust
Series 2005-4, Class A1,
0.292%, 06/18/2013 (P)		239,000		238,404
Series 2010-a1, Class A1,
0.881%, 09/15/2015 (P)		2,246,000		2,242,433
Series 2009-a1, Class A1,
1.531%, 12/15/2014 (P)		762,000		769,899
Series 2009-A2, Class A,
1.532%, 02/17/2015 (P)		4,820,000		4,898,652


Core Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
Ford Credit Floorplan Master Owner Trust,
Series 2010-1, Class A
1.882%, 12/15/2014 (P)(S)	$	1,125,000	$	1,131,328
Harley-Davidson Motorcycle Trust
Series 2009-4, Class A4,
2.400%, 07/15/2014		134,000		134,682
Series 2009-3, Class A,
2.540%, 04/15/2017		394,000		397,905
Series 2009-2, Class A4,
3.320%, 02/15/2017		691,000		715,860
Series 2009-1, Class A4,
4.550%, 01/15/2017		132,000		140,593
Morgan Stanley ABS Capital I,
Series 2007-HE2, Class A2A
0.269%, 01/25/2037 (P)		43,604		42,452
Morgan Stanley Home Equity Loans,
Series 2007-1, Class A1
0.279%, 12/25/2036 (P)		40,385		39,319
Nordstrom Private Label Credit Card Master
Trust, Series 2007-2A, Class A
0.292%, 05/15/2015 (P)(S)		660,000		640,356
SLC Student Loan Trust,
Series 2008-1, Class A4A
1.854%, 12/15/2032 (P)		3,314,000		3,502,985
SLM Student Loan Trust
Series 2002-5, Class A4L,
0.404%, 09/17/2018 (P)		189,970		188,886
Series 2003-6, Class A4,
0.454%, 12/17/2018 (P)		143,271		142,799
Series 2003-3, Class A4,
0.474%, 12/15/2017 (P)		173,971		173,242
Series 2008-5, Class A2,
1.349%, 10/25/2016 (P)		343,000		348,856
Series 2008-4, Class A4,
1.899%, 07/25/2022 (P)		577,000		605,849
Series 2008-5, Class A4,
1.949%, 07/25/2023 (P)		3,447,000		3,646,043
Swift Master Auto Receivables Trust,
Series 2007-1, Class A
0.332%, 06/15/2012 (P)		164,000		163,416

TOTAL ASSET BACKED SECURITIES (Cost $27,766,798)			$	27,979,083


SUPRANATIONAL OBLIGATIONS - 0.38%
Korea - 0.38%
Export-Import Bank of Korea
5.500%, 10/17/2012		665,000		713,278
Export-Import Bank of Korea
5.875%, 01/14/2015		960,000		1,034,702

				1,747,980

TOTAL SUPRANATIONAL OBLIGATIONS (Cost $1,642,758)			$	1,747,980


SHORT-TERM INVESTMENTS - 5.02%
*Short-Term Securities - 5.02%**
State Street Institutional Liquid Reserves
Fund, 0.1176%	$	23,287,126		23,287,126

TOTAL SHORT-TERM INVESTMENTS (Cost $23,287,126)			$	23,287,126

Total Investments (Core Bond Fund)
(Cost $527,275,365) - 115.98%			$	538,300,874
Other assets and liabilities, net - (15.98%)				(74,167,461)

TOTAL NET ASSETS - 100.00%			$	464,133,413


The accompanying notes are an integral part of the financial statements.	51

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Schedule of Securities Sold Short
		Principal
		Amount		Value


Federal National Mortgage Association - (5.20)%
5.000%, TBA	$	(12,000,000)	$	(12,476,250)
5.500%, TBA		(4,500,000)		(4,733,086)
5.500%, TBA		(6,000,000)		(6,397,031)
6.000%, TBA		(500,000)		(530,508)

				(24,136,875)

TOTAL SECURITIES SOLD SHORT (Cost $(24,139,082))			$	(24,136,875)




Core Diversified Growth & Income Portfolio
		Shares or
		Principal
		Amount		Value


AFFILIATED INVESTMENT COMPANIES - 40.03%
John Hancock Funds II (G) - 40.03%
Index 500, Class NAV (MFC
Global U.S.A.) (A)		572,587	$	4,678,035
International Equity Index, Class NAV (SSgA)		56,284		874,098
Total Bond
Market, Class NAV (Declaration) (A)		230,045		2,378,662

				7,930,795

TOTAL AFFILIATED INVESTMENT
COMPANIES (Cost $7,914,889)			$	7,930,795


INVESTMENT COMPANIES - 60.06%
American Funds Insurance Series - 60.06%
Capital World Growth and Income
Fund, Class R5		18,467		595,389
EuroPacific Growth Fund, Class R5		19,856		717,000
New Perspective Fund, Class R5		24,017		594,666
The Growth Fund of America, Class R5		59,754		1,605,597
The Investment Company of America, Class R5		125,880		3,211,194
U.S. Government Securities Fund, Class R5		251,977		3,567,992
Washington Mutual Investors Fund, Class R5		66,047		1,605,597

				11,897,435

TOTAL INVESTMENT COMPANIES (Cost $10,913,840)			$	11,897,435

Total Investments (Core Diversified Growth & Income
Portfolio) (Cost $18,828,729) - 100.09%			$	19,828,230
Other assets and liabilities, net - (0.09%)				(17,274)

TOTAL NET ASSETS - 100.00%			$	19,810,956




Core Fundamental Holdings Portfolio
		Shares or
		Principal
		Amount		Value


AFFILIATED INVESTMENT COMPANIES - 40.07%
John Hancock Funds II (G) - 40.07%
Index 500, Class NAV (MFC
Global U.S.A.) (A)		242,613	$	1,982,150
International Equity Index, Class NAV (SSgA)		35,303		548,254
Total Bond
Market, Class NAV (Declaration) (A)		163,147		1,686,937

				4,217,341

TOTAL AFFILIATED INVESTMENT
COMPANIES (Cost $4,220,247)			$	4,217,341


Core Fundamental Holdings Portfolio (continued)
		Shares or
		Principal
		Amount		Value


INVESTMENT COMPANIES - 60.10%
American Funds Insurance Series - 60.10%
EuroPacific Growth Fund, Class R5		22,774	$	822,383
The Growth Fund of America, Class R5		27,663		743,307
The Investment Company of America, Class R5		58,276		1,486,613
U.S. Government Securities Fund, Class R5		178,700		2,530,393
Washington Mutual Investors Fund, Class R5		30,576		743,309

				6,326,005

TOTAL INVESTMENT COMPANIES (Cost $5,691,691)			$	6,326,005

Total Investments (Core Fundamental Holdings Portfolio)
(Cost $9,911,938) - 100.17%			$	10,543,346
Other assets and liabilities, net - (0.17%)				(17,808)

TOTAL NET ASSETS - 100.00%			$	10,525,538




Core Global Diversification Portfolio
		Shares or
		Principal
		Amount		Value


AFFILIATED INVESTMENT COMPANIES - 40.04%
John Hancock Funds II (G) - 40.04%
Index 500, Class NAV (MFC
Global U.S.A.) (A)		190,935	$	1,559,937
International Equity Index, Class NAV (SSgA)		189,733		2,946,548
Total Bond
Market, Class NAV (Declaration) (A)		234,678		2,426,569

				6,933,054

TOTAL AFFILIATED INVESTMENT
COMPANIES (Cost $7,069,120)			$	6,933,054


INVESTMENT COMPANIES - 60.05%
American Funds Insurance Series - 60.05%
Capital World Growth and Income
Fund, Class R5		37,095		1,195,953
EuroPacific Growth Fund, Class R5		89,279		3,223,872
New Perspective Fund, Class R5		48,302		1,195,952
The Investment Company of America, Class R5		44,843		1,143,954
U.S. Government Securities Fund, Class R5		257,052		3,639,854

				10,399,585

TOTAL INVESTMENT COMPANIES (Cost $10,130,690)			$	10,399,585

Total Investments (Core Global Diversification Portfolio)
(Cost $17,199,810) - 100.09%			$	17,332,639
Other assets and liabilities, net - (0.09%)				(15,989)

TOTAL NET ASSETS - 100.00%			$	17,316,650




Emerging Markets Debt Fund
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS - 39.61%
Argentina - 1.23%
Republic of Argentina
7.000%, 10/03/2015	$	250,000		185,000

				185,000


The accompanying notes are an integral part of the financial statements.	52

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Debt Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Brazil - 4.37%
Federative Republic of Brazil
5.875%, 01/15/2019	$	250,000	$	269,375
8.875%, 10/14/2019		100,000		128,750
10.250%, 06/17/2013		100,000		123,000
11.000%, 08/17/2040		100,000		134,250

				655,375
Colombia - 1.96%
Republic of Colombia
8.250%, 12/22/2014		250,000		293,750

				293,750
Indonesia - 4.95%
Republic of Indonesia
5.875%, 03/13/2020 (S)		200,000		206,750
6.625%, 02/17/2037 (S)		250,000		251,250
7.250%, 04/20/2015 (S)		250,000		285,000

				743,000
Mexico - 2.01%
Government of Mexico
5.125%, 01/15/2020		300,000		302,100

				302,100
Panama - 1.91%
Republic of Panama
7.250%, 03/15/2015		250,000		286,875

				286,875
Peru - 1.93%
Republic of Peru
7.125%, 03/30/2019		250,000		290,000

				290,000
Philippines - 5.71%
Republic of Philippines
6.500%, 01/20/2020		500,000		534,375
9.500%, 02/02/2030		250,000		322,500

				856,875
Poland - 1.79%
Republic of Poland
6.375%, 07/15/2019		250,000		268,500

				268,500
Russia - 1.77%
Russian Federation
7.500%, 03/31/2030 (S)		235,000		266,255

				266,255
South Africa - 1.84%
Republic of South Africa
6.500%, 06/02/2014		250,000		275,625

				275,625
Turkey - 5.55%
Republic of Turkey
6.750%, 05/30/2040		250,000		244,063
9.500%, 01/15/2014		250,000		297,500
11.500%, 01/23/2012		250,000		290,938

				832,501
Ukraine - 1.42%
Government of Ukraine
6.580%, 11/21/2016 (S)		250,000		212,500
				212,500


Emerging Markets Debt Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Uruguay - 1.92%
Republic of Uruguay
8.000%, 11/18/2022	$	250,000	$	288,750

				288,750
Venezuela - 1.25%
Republic of Venezuela
9.250%, 09/15/2027		250,000		186,875

				186,875

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $5,925,753)			$	5,943,981


CORPORATE BONDS - 51.60%
Bermuda - 3.27%
Digicel Group, Ltd.
8.250%, 09/01/2017 (S)		250,000		237,500
Intelsat Bermuda, Ltd.
11.250%, 02/04/2017		250,000		253,438

				490,938
Brazil - 5.97%
BFF International, Ltd.
7.250%, 01/28/2020 (S)		250,000		251,250
Cosan SA Industria e Comercio
8.250%, 02/28/2049 (S)		250,000		241,250
ISA Capital do Brasil SA
8.800%, 01/30/2017 (S)		250,000		273,750
Morgan Stanley
10.090%, 05/03/2017 (S)		250,000		129,001

				895,251
Cayman Islands - 13.76%
Braskem Finance, Ltd.
7.250%, 06/05/2018 (S)		250,000		260,000
Cosan Finance, Ltd.
7.000%, 02/01/2017 (S)		250,000		251,875
Gol Finance
7.500%, 04/03/2017		250,000		243,750
Odebrecht Finance, Ltd.
7.500%, 10/18/2017 (S)		250,000		262,500
RDS Ultra-Deepwater, Ltd.
11.875%, 03/15/2017 (C)(S)		250,000		249,688
Sable International Finance, Ltd.
7.750%, 02/15/2017 (S)		300,000		307,500
TAM Capital 2, Inc.
9.500%, 01/29/2020 (S)		250,000		241,248
Voto-Votorantim Overseas Trading
Operations NV
6.625%, 09/25/2019 (S)		250,000		248,750

				2,065,311
Indonesia - 1.72%
Bumi Capital Pte, Ltd.
12.000%, 11/10/2016 (S)		250,000		257,500

				257,500
Luxembourg - 3.51%
Mobile Telesystems Finance SA
8.000%, 01/28/2012 (S)		250,000		263,750
UBS Luxembourg SA
8.250%, 05/23/2016 (S)		250,000		262,500

				526,250


The accompanying notes are an integral part of the financial statements.	53

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Debt Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Malaysia - 2.06%
Prime Holdings Labuan, Ltd.
5.375%, 09/22/2014	$	300,000	$	309,422

				309,422
Mexico - 8.34%
America Movil SAB de CV
5.000%, 10/16/2019 (S)		250,000		247,113
Axtel SAB de CV
7.625%, 02/01/2017 (S)		250,000		246,250
Desarrolladora Homex SAB de CV
9.500%, 12/11/2019 (S)		250,000		254,688
Grupo Kuo SAB de CV
9.750%, 10/17/2017 (S)		250,000		250,000
Petroleos Mexicanos
6.000%, 03/05/2020 (S)		250,000		254,250

				1,252,301
Netherlands - 3.77%
Indosat Finance Company BV
7.125%, 06/22/2012 (S)		300,000		309,000
Listrindo Capital BV
9.250%, 01/29/2015 (S)		250,000		257,455

				566,455
Peru - 2.29%
Corp. Pesquera Inca SAC
9.000%, 02/10/2017 (S)		350,000		343,000

				343,000
Philippines - 1.50%
Philippine Long Distance Telephone Company
8.350%, 03/06/2017		200,000		224,500

				224,500
United States - 2.35%
Equinix, Inc.
8.125%, 03/01/2018		100,000		100,000
Niska Gas Storage US LLC
8.875%, 03/15/2018 (S)(C)		150,000		150,000
TreeHouse Foods, Inc.
7.750%, 03/01/2018 (C)		100,000		102,625

				352,625
Venezuela - 3.06%
Petroleos de Venezuela SA
5.250%, 04/12/2017		300,000		182,250
5.375%, 04/12/2027		250,000		121,875
Petroleos de Venezuela SA, Series 2015
5.000%, 10/28/2015		250,000		155,625

				459,750

TOTAL CORPORATE BONDS (Cost $7,678,827)			$	7,743,303


PREFERRED STOCKS - 0.18%
United States - 0.18%
Freeport-McMoRan Copper & Gold,
Inc. 6.750%		250		26,915

				26,915

TOTAL PREFERRED STOCKS (Cost $27,132)			$	26,915


Emerging Markets Debt Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS - 10.66%
*Short-Term Securities - 10.66%**
Federal Home Loan Bank Discount Notes,
0.010%, 03/01/2010	$	1,600,000	$	1,600,000

TOTAL SHORT-TERM INVESTMENTS (Cost $1,600,000)				1,600,000

Total Investments (Emerging Markets Debt Fund)
(Cost $15,231,712) - 102.05%				15,314,199
Other assets and liabilities, net - (2.05%)				(307,713)

TOTAL NET ASSETS - 100.00%				15,006,486


For sector weighting information see pages 3-8.


Emerging Markets Value Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 94.82%
Bermuda - 0.10%
Central European Media Enterprises, Ltd. (I)		43,750	$	1,164,788
Brazil - 8.50%
Acucar Guarani SA (I)		72,600		208,904
Banco ABC Brasil SA		101,700		692,200
Banco Alfa de Investimento SA (I)		10,300		45,426
Banco do Brasil SA		113,467		1,869,193
Banco Santander Brasil SA, ADR		71,272		852,413
Bematech SA		83,600		428,837
BM&F BOVESPA SA		1,774,100		11,623,465
BR Malls Participacoes SA (I)		180,900		2,352,406
Brasil Ecodiesel Industria e Comercio de
Biocombustiveis e Oleos Vegetais SA (I)		189,500		141,563
Braskem SA (I)(L)		164,396		2,336,067
Brookfield Incorporacoes SA		242,200		1,214,250
Camargo Correa Desenvolvimento
Imobiliario SA		69,100		215,657
Cia Providencia Industria e Comercio SA		30,900		134,396
Cosan SA Industria e Comercio (I)		312,500		4,070,636
CR2 Empreendimentos Imobiliarios SA (I)		7,600		23,341
Cremer SA		77,000		638,276
Duratex SA		400,945		3,816,094
Empresa Brasileira de Aeronautica
SA, ADR (L)		28,000		614,880
Eternit SA		55,828		268,459
Even Construtora e Incorporadora SA		223,200		926,320
Ez Tec Empreendimentos e Participacoes SA		79,800		367,394
Fertilizantes Heringer SA (I)		15,900		100,742
Fibria Celulose SA, SADR (I)(L)		155,200		2,847,920
Gafisa SA		521,523		3,953,661
Gerdau SA		234,900		2,607,473
Gerdau SA, SADR (L)		1,530,852		22,580,067
Grendene SA		240,600		1,231,525
Guararapes Confeccoes SA		15,200		534,101
Helbor Empreendimentos SA		39,800		275,295
IdeiasNet SA (I)		161,600		393,459
Iguatemi Empresa de Shopping Centers SA		73,200		1,158,465
Industrias Romi SA (I)		138,700		1,036,134
Inpar SA (I)		44,900		77,022
JHSF Participacoes SA		335,500		621,932
Kepler Weber SA (I)		670,300		237,386
Kroton Educacional SA		31,913		328,463
Log-in Logistica Intermodal SA (I)		71,500		322,455
Magnesita Refratarios SA (I)		87,300		647,329
Marfrig Frigorificos e Comercio de
Alimentos SA (I)		265,065		3,088,990


The accompanying notes are an integral part of the financial statements.	54

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Brazil (continued)
Medial Saude SA (I)	84,300	$	700,187
Metalfrio Solutions SA	16,800		108,024
MPX Energia SA	68,000		1,014,083
Multiplan Empreendimentos Imobiliarios SA	52,400		905,833
Obrascon Huarte Lain Brasil SA	53,600		1,125,002
Paranapanema SA (I)	361,900		1,652,146
Plascar Participacoes Industriais SA (I)	118,100		254,871
Porto Seguro SA	128,100		1,279,476
Profarma Distribuidora de Produtos
Farmaceuticos SA	13,300		131,296
Rodobens Negocios Imobiliarios SA	33,200		273,735
Rossi Residencial SA	242,100		1,891,626
Sao Carlos Empreendimentos e
Participacoes SA	79,700		707,847
Sao Martinho SA	109,400		1,023,081
Springs Global Participacoes SA (I)	13,600		45,907
Sul America SA	89,900		2,362,975
TRISUL SA (I)	19,600		67,786
Ultrapar Participacoes SA, ADR (L)	161,060		7,231,594
Usinas Siderurgicas de Minas Gerais SA	183,250		5,191,821

			100,849,886
Chile - 4.25%
Administradora de Fondos de Pensiones
Provida SA	62,005		194,966
Almendral SA	744,630		76,627
Banco de Credito e Inversiones (I)	26,618		958,705
Cementos Bio-Bio SA	2,795		6,152
Centros Comerciales Sudamericanos SA	1,541,995		5,964,927
Cia General de Electricidad	397,095		2,494,188
Cintac SA	78,352		40,315
Companhia Sudamericana de Vapores SA (I)	1,421,064		1,150,933
CorpBanca SA	28,213,598		239,258
CorpBanca SA, SADR	11,885		490,732
Cristalerias de Chile SA	62,943		743,681
Empresas CMPC SA	229,606		10,063,722
Empresas Copec SA	829,116		13,145,774
Empresas Iansa SA (I)	2,980,288		191,397
Enersis SA SADR (L)	459,633		9,932,669
GASCO SA	229,623		1,242,743
Industrias Forestales SA	150,246		38,653
Inversiones Aguas Metropolitanas SA	878,087		1,087,673
Madeco SA	5,095,600		305,882
Masisa SA	6,326,453		892,274
Ripley Corp SA	755,256		659,185
Socovesa SA	954,921		362,497
Vina San Pedro Tarapaca SA	16,425,632		147,119

			50,430,072
China - 5.10%
Angang Steel Company, Ltd., Class H	1,288,000		2,361,239
Anton Oilfield Services Group	702,000		65,142
Asia Cement China Holdings Corp.	223,000		118,399
Bank of China, Ltd.	28,122,136		13,629,292
Bank of Communications
Company, Ltd., Class H	97,208		106,772
Baoye Group Company, Ltd.	508,000		304,676
Beijing Capital International Airport
Company, Ltd., Class H (I)	3,036,000		1,662,935
Beijing Capital Land, Ltd.	1,438,000		506,438
Beijing Jingkelong Company, Ltd.	55,000		52,583
Beijing North Star Company (L)	1,284,000		395,493
Bosideng International Holdings, Ltd.	2,970,000		632,066
BYD Electronic International
Company, Ltd. (I)	608,500		508,667


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
China (continued)
Catic Shenzhen Holdings, Ltd. (I)	140,000	$	46,937
Central China Real Estate, Ltd.	496,000		121,547
China Aoyuan Property Group, Ltd. (I)	1,555,000		256,545
China BlueChemical, Ltd.	886,000		568,664
China Citic Bank Corp, Ltd.	4,744,000		3,173,521
China Communications
Construction Company, Ltd.	4,029,445		3,770,350
China Communications Services
Corp., Ltd., Class H	2,194,000		1,128,944
China Construction Bank Corp.	282,000		212,997
China Huiyuan Juice Group, Ltd.	500,000		330,523
China Nickel Resources Holding
Company, Ltd. (I)	886,000		163,300
China Railway Construction Corp.	1,790,835		2,349,446
China Rare Earth Holdings, Ltd. (I)	1,272,000		305,192
China Resources Microelectronics Ltd (I)	1,775,000		82,500
China Shipping Container Lines
Company, Ltd. (I)	4,286,850		1,707,608
China Shipping Development Company, Ltd.	1,342,000		2,282,383
China Starch Holdings, Ltd.	500,000		87,727
Chongqing Iron & Steel Company, Ltd.	886,000		279,761
Chongqing Machinery & Electric
Company, Ltd. (I)	396,000		89,838
Country Garden Holdings Company	4,147,000		1,448,355
DaChan Food Asia, Ltd.	655,000		145,181
Dalian Port PDA Company, Ltd.	1,324,000		549,390
First Tractor Company	236,000		182,023
Great Wall Motor Company, Ltd. (L)	632,000		949,675
Great Wall Technology Company, Ltd.	310,000		130,374
Greentown China Holdings, Ltd.	1,029,000		1,366,070
Guangshen Railway Company, Ltd. (L)	38,900		793,560
Guangshen Railway Company, Ltd.	110,000		44,839
Guangzhou Pharmaceutical Company, Ltd.	376,000		327,502
Hainan Meilan International
Airport Company, Ltd.	235,000		250,831
Haitian International Holdings, Ltd.	71,000		37,525
Hidili Industry International
Development, Ltd. (I)	1,623,000		1,740,626
Honghua Group, Ltd.	810,000		125,280
Hunan Non Ferrous Metal Corp., Ltd. (I)	2,694,000		1,107,645
Intime Department Store Group Company, Ltd.	990,000		838,231
Jingwei Textile Machinery Company, Ltd.	62,000		19,975
KWG Property Holding, Ltd.	1,486,487		986,882
Lingbao Gold Company, Ltd. (I)	446,000		154,038
Maanshan Iron & Steel Company, Ltd. (I)	2,258,000		1,356,431
NetDragon Websoft, Inc.	124,000		70,786
PICC Property & Casualty
Company, Ltd., Class H (I)	576,000		521,215
Qingling Motors Company, Ltd.	1,170,000		283,501
Qunxing Paper Holdings Company, Ltd.	549,000		216,039
Regent Manner International, Ltd.	122,000		60,217
Scud Group, Ltd.	306,000		31,553
Semiconductor Manufacturing International
Corp., SADR (I)	209,323		1,086,386
Semiconductor Manufacturing
International Corp. (I)	14,639,000		1,539,302
Shandong Chenming Paper Holdings, Ltd.	77,500		50,341
Shanghai Forte Land Company	1,195,405		326,857
Shanghai Jin Jiang International Hotels
Group Company, Ltd.	308,000		96,953
Shanghai Prime Machinery Company, Ltd.	1,124,000		246,269
Shui On Land, Ltd.	4,656,250		2,268,566
Sichuan Xinhua Winshare
Chainstore Company, Ltd.	628,000		265,475
SinoCom Software Group, Ltd.	157,000		21,456


The accompanying notes are an integral part of the financial statements.	55

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
China (continued)
Sinotrans, Ltd., Class H	2,507,000	$	678,433
SPG Land Holdings, Ltd.	6,000		3,713
Tiangong International Company, Ltd.	49,000		17,810
Tianjin Capital Environmental Protection
Group Company, Ltd.	18,000		6,727
Travelsky Technology, Ltd.	994,000		799,225
Weiqiao Textile Company	695,500		483,080
Wuyi International
Pharmaceutical Company, Ltd.	525,000		50,789
Xiamen International Port Company, Ltd.	1,446,000		276,021
Xingda International Holdings, Ltd.	1,029,000		488,212
Xinjiang Xinxin Mining
Industry Company, Ltd.	1,190,000		634,910
Zhejiang Glass Company, Ltd. (I)	172,000		62,063
Zhong An Real Estate, Ltd.	291,000		92,620

			60,534,437
Czech Republic - 0.31%
Pegas Nonwovens SA	30,079		687,856
Telefonica O2 Czech Republic AS	65,666		1,549,484
Unipetrol AS (I)	206,126		1,468,177

			3,705,517
Hong Kong - 6.63%
AMVIG Holdings, Ltd.	666,000		300,649
Asian Union New Media Group, Ltd. (I)	2,681,250		17,277
Beijing Development Hong Kong, Ltd. (I)	190,000		45,546
Beijing Enterprises Holdings, Ltd.	647,500		4,070,118
Brilliance China Automotive Holdings, Ltd. (I)	3,630,000		982,581
Chaoda Modern Agriculture Holdings, Ltd.	3,681,656		3,986,731
China Aerospace International
Holdings, Ltd. (I)	2,697,400		410,262
China Agri-Industries Holdings, Ltd.	2,464,000		3,544,693
China Everbright, Ltd.	999,000		2,423,675
China Grand Forestry Resources
Group, Ltd. (I)	7,372,000		270,810
China Green Holdings, Ltd.	81,000		93,433
China Haidian Holdings, Ltd.	726,000		72,978
China Merchants Holdings
International Company, Ltd.	1,207,771		4,343,523
China Mining Resources Group, Ltd. (I)	6,340,000		212,446
China Oil and Gas Group, Ltd. (I)	3,180,000		496,049
China Pharmaceutical Group, Ltd.	1,286,000		689,913
China Properties Group, Ltd. (I)	947,000		278,558
China Resources Enterprises, Ltd.	1,554,000		5,457,830
China Travel International Investment
Hong Kong, Ltd.	4,678,000		1,230,064
China Unicom Hong Kong, Ltd. (L)	313,800		3,818,946
China Zenith Chemical Group, Ltd. (I)	1,270,000		37,488
Citic Pacific, Ltd.	1,420,923		3,164,367
CITIC Resources Holdings, Ltd. (I)	4,270,000		1,139,447
Clear Media, Ltd. (I)	13,000		7,207
Coastal Greenland, Ltd. (I)	814,000		59,799
Cosco International Holdings, Ltd.	1,105,040		539,820
COSCO Pacific, Ltd.	1,812,000		2,812,405
Denway Motors, Ltd.	6,208,000		3,456,334
Digital China Holdings, Ltd.	307,000		482,738
Dynasty Fine Wines Group, Ltd.	654,000		193,102
Fosun International	2,194,000		1,634,408
Franshion Properties China, Ltd.	4,046,000		1,308,846
FU JI Food & Catering Services
Holdings, Ltd. (I)	410,000		0
Global Bio-Chem Technology
Group Company, Ltd.	2,198,000		595,183
Goldbond Group Holdings, Ltd.	10,000		773


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Hong Kong (continued)
Goldlion Holdings, Ltd.	50,000	$	15,661
Guangzhou Investment Company, Ltd.	6,164,000		1,597,042
GZI Transportation, Ltd.	718,106		276,653
Harbin Power Equipment Company, Ltd.	1,056,000		851,474
HKC Holdings, Ltd. (I)	4,216,749		315,182
Hopson Development Holdings, Ltd.	1,210,000		1,693,892
Hua Han Bio-Pharmaceutical Holdings Ltd	604,000		195,419
Ju Teng International Holdings, Ltd.	980,000		831,650
Kingboard Chemical Holdings, Ltd.	332,000		1,484,668
Kingboard Laminates Holdings, Ltd.	328,500		253,995
Kingway Brewery Holdings, Ltd. (I)	614,000		126,608
Lai Fung Holdings, Ltd.	1,692,000		55,685
MIN XIN Holdings, Ltd.	72,000		32,017
Minmetals Resources, Ltd. (I)	1,240,000		413,973
Minth Group, Ltd.	786,000		1,136,383
Nan Hai Corp., Ltd. (I)	22,650,000		283,155
Neo-China Land Group Holdings, Ltd. (I)	341,500		91,863
New World China Land, Ltd.	1,443,000		481,697
Qin Jia Yuan Media Services Company, Ltd.	481,176		93,019
Shanghai Industrial Holdings, Ltd.	742,000		3,189,472
Shanghai Zendai Property, Ltd. (I)	1,780,000		74,614
Shenzhen International Holdings, Ltd.	13,565,000		1,048,953
Shenzhen Investment, Ltd.	2,730,000		964,123
Shimao Property Holdings, Ltd., GDR	2,075,500		3,456,899
Shougang Concord International
Enterprises Company, Ltd.	5,152,000		1,155,556
Sino Union Petroleum & Chemical
International, Ltd. (I)	3,390,000		332,318
Sino-Ocean Land Holdings, Ltd.	4,171,639		3,683,561
Sinofert Holdings, Ltd.	1,356,000		756,877
Sinolink Worldwide Holdings, Ltd.	2,614,000		437,959
Sinopec Kantons Holdings, Ltd.	620,000		322,936
Sinotruk Hong Kong, Ltd.	288,500		300,406
Soho China, Ltd.	1,589,000		784,350
SRE Group, Ltd. (I)	3,164,000		301,747
TCL Communication Technology
Holdings, Ltd. (I)	413,400		130,132
TCL Multimedia Technology
Holdings, Ltd. (I)	675,200		688,861
Tian An China Investment, Ltd.	978,000		623,143
Tianjin Port Development Holdings, Ltd. (I)	1,118,000		335,855
Tomson Group, Ltd.	376,000		158,136
TPV Technology, Ltd.	1,882,000		1,261,226
United Energy Group, Ltd. (I)	356,000		24,863
Xiwang Sugar Holdings Company, Ltd.	449,020		135,424
Yip’s Chemical Holdings, Ltd.	18,000		14,192

			78,589,638
Hungary - 0.10%
Danubius Hotel and Spa PLC (I)	951		15,869
Egis Gyogyszergyar Nyrt.	10,381		1,015,749
Fotex Holding SE Company, Ltd. (I)	65,740		121,623
Raba Jarmuipari Holding Nyilvanosan
Mukodo Rt. (I)	11,794		43,497

			1,196,738
India - 12.64%
ABG Shipyard, Ltd.	4,049		21,176
ACC, Ltd.	39,341		787,740
Aditya Birla Nuvo, Ltd.	56,676		1,037,051
Ador Welding, Ltd.	5,167		19,439
Aftek, Ltd. (I)	28,741		10,197
Alembic, Ltd.	38,000		37,598
Allahabad Bank	273,562		790,369
Alok Industries, Ltd.	223,780		113,989


The accompanying notes are an integral part of the financial statements.	56

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
India (continued)
Ambuja Cements, Ltd.	684,511	$	1,583,403
Amtek Auto, Ltd.	98,948		402,195
Andhra Bank	215,172		465,199
Ansal Properties & Infrastructure, Ltd.	9,294		14,197
Apollo Hospitals Enterprise, Ltd.	37,049		551,065
Apollo Tyres, Ltd.	154,850		194,414
Arvind, Ltd. (I)	104,142		77,323
Ashapura Minechem, Ltd. (I)	5,400		7,664
Ashok Leyland, Ltd.	1,150,653		1,245,356
Aurobindo Pharma, Ltd.	69,793		1,389,331
Avaya Global Connect, Ltd.	5,668		27,032
Axis Bank, Ltd.	158,880		3,867,092
Bajaj Auto Finance, Ltd.	11,946		77,295
Bajaj Finserv, Ltd.	24,676		184,176
Bajaj Hindusthan, Ltd.	135,981		450,976
Bajaj Holdings and Investment, Ltd.	53,373		689,102
Balaji Telefilms, Ltd.	11,528		12,107
Ballarpur Industries, Ltd.	487,134		277,997
Balmer Lawrie & Company, Ltd.	1,500		19,218
Balrampur Chini Mills, Ltd.	348,925		794,847
Bank of Maharashtra	130,888		140,230
Bank of Rajasthan	47,965		64,876
BEML, Ltd.	27,755		611,398
Bhushan Steel, Ltd.	16,585		576,586
Biocon, Ltd.	107,645		616,381
Birla Corp., Ltd.	41,760		325,009
Bombay Rayon Fashions, Ltd.	46,150		207,054
Cairn India, Ltd. (I)	537,071		3,102,023
Century Textile & Industries, Ltd.	32,699		337,426
Chambal Fertilizers & Chemicals, Ltd.	224,870		303,227
Cholamandalam DBS Finance, Ltd. (I)	7,563		11,672
City Union Bank, Ltd.	73,125		45,943
Coromandel Fertilisers, Ltd.	12,000		72,414
Cranes Software International, Ltd.	3,000		1,230
Dalmia Cement Bharat, Ltd.	6,800		31,359
DCM Shriram Consolidated, Ltd.	26,804		31,706
Deepak Fertilizers &
Petrochemicals Corp., Ltd.	34,858		77,128
DLF, Ltd.	264,611		1,671,117
Dr. Reddy’s Laboratories, Ltd.	62,300		1,539,026
Edelweiss Capital, Ltd.	11,400		100,906
EID Parry India, Ltd.	40,945		298,658
Elder Pharmaceuticals, Ltd.	3,200		25,425
Electrosteel Castings, Ltd.	47,000		44,810
Escorts, Ltd. (I)	36,222		101,456
Essel Propack, Ltd.	6,500		6,140
Eveready Industries India, Ltd. (I)	21,000		26,611
FDC, Ltd.	31,000		48,891
Federal Bank, Ltd.	274,293		1,542,809
Financial Technologies India, Ltd.	37,632		1,204,590
Finolex Cables, Ltd.	27,100		30,013
Finolex Industries, Ltd.	62,340		72,182
Fortis Healthcare, Ltd. (I)	135,361		460,933
Gammon India, Ltd.	66,972		317,791
Geodesic, Ltd.	40,000		106,691
Gitanjali Gems, Ltd.	31,915		81,362
Godrej Industries, Ltd.	116,069		383,256
Graphite India, Ltd.	75,397		131,862
Grasim Industries, Ltd.	70,103		4,090,689
Great Eastern Shipping Company, Ltd.	121,552		693,122
Great Offshore, Ltd.	45,068		411,235
Gujarat Alkalies & Chemicals, Ltd.	35,989		104,643
Gujarat Ambuja Exports, Ltd.	15,000		5,497
Gujarat Flourochemicals, Ltd.	13,363		42,260


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
India (continued)
Gujarat Narmada Valley
Fertilizers Company, Ltd.	51,735	$	119,337
Gujarat State Fertilisers & Chemicals, Ltd.	17,219		73,014
HCL Infosystems, Ltd.	148,100		444,048
HCL Technologies, Ltd.	351,250		2,788,524
HEG, Ltd.	13,300		93,429
Hexaware Technologies, Ltd.	38,931		54,679
Himatsingka Seide, Ltd. (I)	4,000		3,302
Hindalco Industries, Ltd.	151,306		533,066
Hinduja TMT, Ltd.	5,652		38,646
Hindustan Construction Company, Ltd.	237,251		681,916
Hotel Leela Venture, Ltd.	112,844		111,910
Housing Development &
Infrastructure, Ltd. (I)	11,538		74,078
ICICI Bank, Ltd., SADR (L)	736,341		28,165,023
India Cements, Ltd.	437,401		1,122,156
India Glycols, Ltd.	14,305		37,902
India Infoline, Ltd.	155,315		382,083
Indiabulls Financial Services, Ltd.	304,539		661,161
Indiabulls Real Estate, Ltd. (I)	122,920		421,962
Indian Hotels Company, Ltd.	708,519		1,373,936
Indian Overseas Bank	261,467		500,255
IndusInd Bank, Ltd.	348,258		1,113,005
Industrial Development Bank of India, Ltd.	391,102		1,013,809
Infomedia 18, Ltd. (I)	19,250		11,841
Infotech Enterprises, Ltd.	2,000		15,030
Infrastructure Development
Finance Company, Ltd.	1,272,514		4,421,927
Ingersoll-Rand India, Ltd.	6,375		46,339
IVRCL Infrastructures & Projects, Ltd.	172,406		1,210,142
Jammu & Kashmir Bank, Ltd.	22,831		303,667
JB Chemicals & Pharmaceuticals, Ltd.	21,800		29,448
JBF Industries, Ltd.	33,159		71,367
Jet Airways India, Ltd. (I)	32,379		282,755
Jindal Saw, Ltd.	213,210		896,491
Jindal Stainless, Ltd. (I)	44,557		96,924
JK Tyre & Industries, Ltd.	14,533		54,370
JSW Steel, Ltd.	125,202		2,895,654
Jubilant Organosys, Ltd.	29,000		200,939
Kalpataru Power Transmission, Ltd.	5,788		125,188
Karnataka Bank, Ltd.	155,196		377,538
Karur Vysya Bank, Ltd.	21,841		185,459
Kesoram Industries, Ltd.	31,455		247,742
Kotak Mahindra Bank, Ltd.	207,362		3,311,636
Lakshmi Machine Works, Ltd.	1,969		75,306
LIC Housing Finance, Ltd.	122,389		1,991,996
Madras Cements, Ltd.	90,107		216,436
Maharashtra Seamless, Ltd.	62,316		479,352
Mahindra & Mahindra Financial Services, Ltd.	10,200		74,178
Mahindra & Mahindra, Ltd.	276,840		6,078,560
Mahindra Lifespace Developers, Ltd.	9,110		74,937
Mangalam Cement, Ltd.	14,461		51,922
Mastek, Ltd.	11,271		75,120
MAX India, Ltd. (I)	130,355		550,650
Mercator Lines, Ltd.	182,292		209,598
Monnet Ispat & Energy, Ltd.	19,233		153,087
Moser Baer India, Ltd.	335,661		557,121
MRF, Ltd.	680		83,536
Mukand, Ltd. (I)	28,732		34,474
Nagarjuna Construction Company, Ltd.	246,877		817,022
Nagarjuna Fertilizers & Chemicals, Ltd. (I)	229,114		163,547
Nahar Spinning Mills, Ltd.	6,600		10,695
National Organic Chemical Industries, Ltd.	80,241		38,505
NIIT Technologies, Ltd.	18,577		69,600
NIIT, Ltd.	35,844		50,507


The accompanying notes are an integral part of the financial statements.	57

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
India (continued)
Nirma, Ltd.	20,100	$	72,616
OCL India, Ltd.	1,500		3,940
Oracle Financial Services Software, Ltd. (I)	38,652		1,882,571
Orchid Chemicals & Pharmaceuticals, Ltd.	56,302		197,063
Orient Paper & Industries, Ltd.	51,770		51,045
Oriental Bank of Commerce	124,848		743,321
Panacea Biotec, Ltd. (I)	26,548		104,457
Pantaloon Retail India, Ltd.	800		6,805
Patni Computer Systems, Ltd.	70,484		724,106
Patni Computer Systems, Ltd., ADR	28,382		589,494
Petronet LNG, Ltd.	548,610		879,559
Polaris Software Lab, Ltd.	39,735		127,163
Prism Cement, Ltd.	45,201		49,531
PSL, Ltd.	6,900		21,742
PTC India, Ltd.	311,479		709,133
Punj Lloyd, Ltd.	224,909		856,546
Raymond, Ltd. (I)	33,679		157,350
REI Six Ten Retail, Ltd.	7,790		16,935
Reliance Capital, Ltd.	122,106		2,078,971
Reliance Communications, Ltd.	907,725		3,087,256
Reliance Industries, Ltd.	12,140		258,290
Reliance Industries, Ltd., GDR (S)	242,076		10,273,003
Reliance Power, Ltd. (I)	150,000		449,066
Rolta India, Ltd.	140,629		537,631
RPG Itochu Finance, Ltd.	1,086		6,152
Ruchi Soya Industries, Ltd.	153,126		342,730
SEAMEC, Ltd. (I)	14,000		59,817
Sicagen India, Ltd. (I)	4,881		1,678
Sical Logistics, Ltd. (I)	4,881		9,405
Sonata Software, Ltd.	23,000		26,450
South Indian Bank, Ltd.	161,441		506,390
SREI Infrastructure Finance, Ltd.	135,957		191,295
SRF, Ltd.	37,385		144,638
Sterlite Industries India, Ltd.	518,042		8,749,729
Strides Arcolab, Ltd. (I)	13,608		87,001
Suzlon Energy, Ltd. (I)	534,875		838,192
Syndicate Bank, Ltd.	230,001		419,788
Tanla Solutions, Ltd.	86,834		89,465
Tata Chemicals, Ltd.	121,519		759,255
Tata Investment Corp., Ltd.	6,928		69,465
Tata Motors, Ltd.	113,232		1,757,750
Tata Steel, Ltd.	254,815		3,173,001
Tata Tea, Ltd.	60,799		1,239,863
Teledata Marine Solutions Pte, Ltd. (I)	23,607		17,537
Teledata Technology Solutions (I)	23,607		2,048
Triveni Engineering & Industries, Ltd.	172,863		434,933
Tube Investments of India, Ltd.	59,975		99,658
TVS Motor Company, Ltd.	63,451		96,709
Unichem Laboratories, Ltd.	6,400		45,786
Union Bank of India, Ltd.	213,838		1,189,514
United Phosphorus, Ltd.	172,150		564,327
Usha Martin, Ltd.	106,610		201,249
Varun Shipping Company, Ltd.	62,246		67,122
Videocon Industries, Ltd.	91,080		435,207
Vimta Labs, Ltd.	7,251		4,036
Welspun-Gujarat Stahl, Ltd.	120,815		623,837
Wockhardt, Ltd. (I)	60,840		186,094
Yes Bank, Ltd. (I)	213,967		1,100,206
Zee Entertainment Enterprises, Ltd.	147,094		781,350
Zuari Industries, Ltd.	3,500		39,739

			149,932,042
Indonesia - 2.61%
Astra Graphia Tbk PT	606,500		23,364
Bakrie & Brothers Tbk PT (I)	80,136,261		668,365


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Indonesia (continued)
Bakrieland Development Tbk PT (I)	45,156,000	$	1,073,954
Bank Bukopin Tbk PT	1,367,500		58,062
Bank Danamon Indonesia Tbk PT	3,583,500		1,931,186
Bank Negara Indonesia Persero Tbk PT	4,200,000		867,210
Bank Pan Indonesia Tbk PT (I)	7,621,500		652,905
Berlian Laju Tanker Tbk PT	5,958,333		394,170
Bhakti Investama Tbk PT (I)	4,262,825		282,273
Budi Acid Jaya Tbk PT	2,039,000		49,117
Bumi Resources Tbk PT	31,331,430		7,605,540
Central Proteinaprima Tbk PT (I)	30,464,500		163,121
Charoen Pokphand Indonesia Tbk PT (I)	2,636,000		566,229
Ciputra Development Tbk PT (I)	8,719,000		647,377
Ciputra Surya Tbk PT (I)	971,000		65,265
Davomas Abadi Tbk PT (I)	8,435,500		45,182
Energi Mega Persada Tbk PT (I)	15,800,638		270,984
Global Mediacom Tbk PT	15,311,000		494,920
Gudang Garam Tbk PT	1,476,000		4,145,667
Indah Kiat Pulp and Paper Corp Tbk PT (I)	6,340,000		1,397,177
Indofood Sukses Makmur Tbk PT	8,505,000		3,477,698
International Nickel Indonesia Tbk PT	2,914,000		1,183,520
Kawasan Industri Jababeka Tbk PT (I)	15,626,500		174,379
Lippo Karawaci Tbk PT (I)	12,000,000		643,092
Matahari Putra Prima Tbk PT (I)	2,845,500		305,554
Medco Energi Internasional Tbk PT	4,015,500		1,063,457
Mitra Adiperkasa Tbk PT (I)	866,000		63,991
Panin Insurance Tbk PT (I)	1,443,000		41,445
Panin Life Tbk PT (I)	30,756,000		467,586
Polychem Indonesia Tbk PT (I)	1,930,000		27,694
Ramayana Lestari Sentosa Tbk PT	305,000		27,520
Sampoerna Agro Pt	45,500		13,401
Samudera Indonesia Tbk PT	74,500		26,336
Summarecon Agung Tbk PT	12,822,500		995,774
Suryainti Permata Tbk PT (I)	1,802,000		17,180
Timah Tbk PT	1,769,000		414,171
Trias Sentosa Tbk PT	1,000,000		20,872
Trimegah Securities Tbk PT	1,540,500		22,773
Truba Alam Manunggal Engineering PT (I)	19,436,000		241,956
Tunas Ridean Tbk PT	1,512,500		306,735

			30,937,202
Israel - 2.42%
Africa Israel Industries, Ltd.	575		26,381
Alvarion, Ltd. (I)	116,282		419,302
AudioCodes, Ltd. (I)	26,116		92,587
Bank Hapoalim, Ltd. (I)	2,321,779		9,733,455
Bank Leumi Le-Israel, Ltd. (I)	2,508,838		10,709,037
Baran Group, Ltd. (I)	3,200		20,451
Delta Galil Industries, Ltd. (I)	8,190		72,168
Discount Investment Corp.	25,268		645,698
Electra Israel, Ltd.	2,170		219,669
Electra Real Estate, Ltd. (I)	9,331		83,402
Elron Electronic Industries, Ltd. (I)	23,021		177,362
First International Bank of Israel, Ltd. (I)	98,744		342,048
First International Bank of Israel, Ltd. (I)	41,750		735,871
Formula Systems, Ltd. (I)	5,626		69,323
Formula Systems, Ltd., ADR (I)	3,500		42,735
Greenstone, Ltd. (I)	59,724		24,898
Koor Industries, Ltd.	11,087		303,175
Mivtach Shamir Holdings, Ltd. (I)	6,654		209,402
Mizrahi Tefahot Bank, Ltd. (I)	290,497		2,566,898
Oil Refineries, Ltd. (I)	1,716,777		913,377
Orbotech, Ltd. (I)	45,156		406,404
RADVision, Ltd. (I)	2,054		12,972
Retalix, Ltd. (I)	43,124		566,873
The Phoenix Holdings, Ltd. (I)	33,750		104,914


The accompanying notes are an integral part of the financial statements.	58

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Israel (continued)
Union Bank of Israel, Ltd. (I)	32,011	$	161,195
			28,659,597
Malaysia - 3.73%
Affin Holdings BHD	1,046,800		811,261
Al Aqar KPJ	49,082		14,126
Alliance Financial Group BHD	1,817,500		1,486,626
AMDB BHD (I)	180,000		21,136
AMMB Holdings BHD	3,884,450		5,587,046
Ann Joo Resources BHD	374,700		308,242
Asas Dunia BHD (I)	94,000		17,942
Asia Pacific Land BHD (I)	282,100		23,618
Bandar Raya Developments BHD	1,190,700		643,057
Berjaya Assets BHD (I)	458,500		64,665
Berjaya Corp. BHD	3,188,500		1,219,425
Berjaya Land BHD	210,200		253,084
Berjaya Media BHD (I)	79,700		18,606
BIMB Holdings BHD	743,200		263,854
Boustead Holdings BHD	678,860		677,917
Cahya Mata Sarawak BHD	235,100		129,366
Dijaya Corp. BHD	16,900		4,392
DNP Holdings BHD	529,900		206,860
DRB-Hicom BHD	1,777,900		519,239
Eastern & Oriental BHD (I)	740,200		213,908
Eastern Pacific Industrial Corp. BHD	155,700		72,328
ECM Libra Financial Group BHD	1,207,400		234,461
Encorp BHD (I)	114,800		30,685
EON Capital BHD	633,500		1,283,129
Esso Malaysia BHD	89,000		65,606
General Corp. BHD	242,500		86,185
Globetronics Technology BHD	172,980		46,761
Glomac BHD	108,200		41,319
Goldis BHD (I)	268,500		96,189
Hap Seng Consolidated BHD	524,000		384,907
Hap Seng Plantations Holdings BHD	455,800		316,754
Hong Leong Credit BHD	534,400		1,208,079
Hong Leong Industries BHD	52,000		71,192
Hume Industries Malaysia BHD	138,900		174,122
Hunza Properties BHD	102,400		37,564
Hwang-DBS Malaysia BHD (I)	69,400		35,260
IGB Corp. BHD	1,989,800		1,025,267
IJM Corp. BHD	2,707,180		3,525,998
IJM Land BHD (I)	389,800		238,175
Insas BHD (I)	478,504		75,839
Integrated Logistics BHD	167,200		48,916
Jaks Resources BHD (I)	413,200		89,723
Jaya Tiasa Holdings BHD (I)	56,700		45,740
K&N Kenanga Holdings BHD (I)	154,200		39,932
Keck Seng BHD	178,900		215,323
Kian Joo Can Factory BHD	332,000		117,978
Kim Loong Resources BHD	37,800		22,651
Kinsteel BHD	605,400		177,367
KLCC Property Holdings BHD	1,299,200		1,248,301
KPJ Healthcare BHD	533,500		379,362
KSL Holdings BHD	155,066		58,227
KUB Malaysia BHD	592,900		81,785
Kulim Malaysia BHD	411,200		859,372
Kumpulan Hartanah Selangor BHD (I)	410,900		53,049
Landmarks BHD (I)	819,100		290,907
LBS Bina Group BHD (I)	210,000		45,791
Leader Universal Holdings BHD	490,700		126,760
Lion Corp. BHD (I)	812,793		78,704
Lion Diversified Holdings BHD	863,200		113,979
Lion Industries Corp. BHD	1,085,100		527,486
MAA Holdings BHD (I)	139,500		28,457


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Malaysia (continued)
Malaysia Building Society BHD	482,500	$	140,188
MBM Resources BHD	5,000		3,965
MEASAT Global BHD (I)	186,100		107,628
Mega First Corp. BHD	193,700		89,317
Melewar Industrial Group BHD (I)	62,200		11,966
MK Land Holdings BHD (I)	656,100		67,391
MMC Corp. BHD	1,962,100		1,406,137
MNRB Holdings BHD (I)	18,000		14,433
MTD ACPI Engineering BHD	88,100		13,008
Muhibbah Engineering M BHD	859,000		235,669
Mulpha International BHD (I)	2,033,000		250,619
Naim Holdings BHD	228,400		226,563
NCB Holdings BHD	4,000		3,864
Nylex Malaysia BHD (I)	55,510		11,762
Oriental Holdings BHD	425,600		699,642
OSK Holdings BHD	1,295,625		469,249
OSK Property Holdings BHD	80,236		12,371
OSK Ventures International BHD (I)	157,045		26,754
Panasonic Manufacturing Malaysia BHD	8,100		30,226
Pelikan International Corp. BHD	415,200		151,120
PJ Development Holdings BHD	297,900		64,721
PPB Group BHD	1,088,600		5,180,066
Protasco BHD	141,500		41,145
Proton Holdings BHD (I)	656,100		780,004
Ranhill BHD	382,200		88,693
RHB Capital BHD	827,700		1,282,948
Scomi Group BHD	2,062,900		254,270
Selangor Dredging BHD	328,000		52,025
Shangri-La Hotels BHD	24,100		12,604
Shell Refining Company Federation of
Malaya BHD	150,600		473,184
SHL Consolidated BHD	185,100		59,789
Southern Steel BHD	96,200		62,063
Sunrise BHD	495,650		309,022
Sunway City BHD	519,300		503,488
Sunway Holdings, Inc. BHD (I)	370,700		153,421
Suria Capital Holdings BHD	286,100		125,945
Ta Ann Holdings BHD	246,100		348,687
TA Enterprise BHD	2,443,400		487,588
TA Global BHD (I)	1,466,040		189,953
Talam Corp. BHD (I)	1,080,000		39,625
TAN Chong Motor Holdings BHD	963,800		897,512
TDM BHD	150,700		73,907
Tebrau Teguh BHD (I)	548,034		104,905
Time.com BHD (I)	1,972,700		222,872
Titan Chemicals Corp. (I)	1,472,700		537,217
Tradewinds Corp. BHD	660,000		113,545
Tradewinds Malaysia BHD	82,400		69,201
Unico-desa Plantations Bhdunico-desa
Plantations BHD	107,500		24,865
Unisem (M) BHD	688,400		446,341
United Malacca BHD	83,200		188,126
VS Industry BHD	166,897		61,262
WTK Holdings BHD	477,500		164,094
YNH Property BHD (I)	956,568		463,607
YTL Cement BHD	53,800		64,171
Zelan BHD (I)	600,800		111,984

			44,208,722
Mexico - 5.99%
Alfa SA de CV	793,000		5,336,975
Alsea SAB de CV	483,850		436,201
Axtel SAB de CV (I)	1,028,937		830,983
Bolsa Mexicana de Valores SA de CV (I)	381,800		546,777


The accompanying notes are an integral part of the financial statements.	59

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Mexico (continued)
Carso Infraestructura y Construccion SA
de CV (I)	483,300	$	310,137
Cemex SAB de CV, SADR (I)(L)	1,506,953		14,406,471
Coca-Cola Femsa SAB de CV (L)	40,521		2,601,853
Consorcio ARA SA de CV (I)	1,364,000		930,796
Corp. GEO SA de CV (I)	842,752		2,483,066
Dine SA de CV (I)	103,700		53,561
Embotelladoras Arca SA de CV	916,541		3,001,725
Empresas ICA SA de CV (I)(L)	201,733		1,781,302
Empresas ICA Sociedad Controladora SA
de CV (I)	25,600		56,776
GMD Resorts SAB de CV (I)	69,300		15,727
Grupo Aeroportuario del Centro Norte Sab
de CV	292,200		464,194
Grupo Aeroportuario del Pacifico SA
de CV (L)	128,400		4,356,612
Grupo Aeroportuario del Sureste SA de CV	27,200		146,234
Grupo Aeroportuario del Sureste SA
de CV (L)	39,550		2,110,784
Grupo Carso SA de CV	1,218,100		4,337,284
Grupo Cementos de Chihuahua SA de CV (I)	57,000		191,808
Grupo Famsa SAB de CV (I)	270,433		514,056
Grupo Financiero Banorte SA de CV	2,763,470		10,350,253
Grupo Industrial Maseca SA de CV	2,600		1,526
Grupo Industrial Saltillo SA de CV (I)	100,600		59,045
Grupo Kuo SAB de CV (I)	164,700		148,223
Grupo Mexicano de Desarrollo (I)	69,300		29,285
Grupo Simec SAB de CV (I)	198,600		500,758
Industrias CH SA de CV (I)	358,600		1,167,420
Organizacion Soriana SA de CV (I)	1,728,200		4,674,027
Qualitas Compania de Seguros SA de CV	364,900		195,894
Telmex Internacional SAB de CV, ADR (L)	382,500		6,992,100
Urbi Desarrollos Urbanos SA de CV (I)	915,100		2,019,488

			71,051,341
Philippines - 0.67%
Ayala Corp.	45,000		284,938
Benpres Holdings Corp. (I)	4,119,000		263,741
China Banking Corp.	17,744		138,717
DMCI Holdings, Inc.	3,234,000		752,231
Empire East Land Holdings, Inc. (I)	5,890,000		47,196
Filinvest Development Corp.	404,000		15,859
Filinvest Land, Inc.	28,408,750		498,027
First Philippine Holdings Corp.	546,800		585,521
Megaworld Corp.	23,269,000		593,202
Metropolitan Bank & Trust Company	1,329,500		1,280,758
Philippine National Bank (I)	740,400		356,622
Rizal Commercial Banking Corp.	553,700		206,695
Robinsons Land Corp.	3,450,500		988,857
Security Bank Corp.	197,018		226,273
Union Bank of Philippines	340,600		276,654
Universal Robina Corp.	2,161,100		1,017,425
Vista Land & Lifescapes, Inc.	9,526,000		400,149

			7,932,865
Poland - 1.84%
Agora SA (I)	92,656		764,160
Asseco Poland SA	80,863		1,549,412
Bank BPH SA (I)	23,715		603,847
Bank Handlowy w Warszawie SA (I)	33,968		856,629
Bank Millennium SA (I)	783,960		1,048,436
Bioton SA (I)	5,054,898		313,244
Boryszew SA (I)	53,854		29,804
Ciech SA (I)	34,746		397,408
Echo Investment SA (I)	671,909		896,280


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Poland (continued)
Emperia Holding SA	2,613	$	74,844
Fabryki Mebli Forte SA	23,417		99,817
Firma Oponiarska Debica SA	7,943		184,399
Grupa Kety SA (I)	23,810		936,546
Grupa Lotos SA (I)	123,912		1,170,007
Impexmetal SA	74,550		69,114
Kopex SA (I)	75,475		591,483
Kredyt Bank SA (I)	59,632		284,229
LC Corp. SA (I)	425,367		217,628
Mostostal-Export SA (I)	22,387		12,999
Netia SA (I)	376,393		617,554
Orbis SA (I)	61,821		722,766
Pekaes SA	6,381		25,351
Pfleiderer Grajewo SA (I)	6,153		28,476
Pol-Aqua SA (I)	4,966		27,983
Polnord SA (I)	21,127		239,932
Polska Grupa Farmaceutyczna SA (I)	7,974		129,309
Polski Koncern Naftowy Orlen SA (I)	766,761		8,684,705
Stalexport Autostrady SA (I)	202,394		115,429
Sygnity SA (I)	28,494		123,954
Synthos SA (I)	1,964,944		916,473
Zaklady Azotowe Pulawy SA	5,249		126,025
Zaklady Azotowe w Tarnowie-Moscicach SA	3,000		16,237

			21,874,480
Russia - 2.75%
Gazprom OAO	455,805		10,147,179
Lukoil OAO	288,612		15,165,343
Magnitogorsk Iron & Steel Works (I)	13,600		179,384
RusHydro, ADR	315,577		1,366,448
Severstal, ADR (I)	24,500		296,450
Surgutneftegaz, SADR	668,105		5,462,577

			32,617,381
South Africa - 9.84%
ABSA Group, Ltd.	423,364		7,285,353
Aeci, Ltd.	187,934		1,458,199
Afgri, Ltd.	672,603		510,058
African Bank Investments, Ltd.	874,834		3,512,367
Allied Electronics Corp., Ltd.	93,711		315,806
Argent Industrial, Ltd.	106,615		113,266
Aveng, Ltd.	774,939		3,755,485
Barloworld, Ltd.	411,101		2,152,784
Bell Equipment, Ltd. (I)	83,308		112,265
Caxton & CTP Publishers & Printers, Ltd.	251,175		481,775
Ceramic Industries, Ltd.	1,781		23,985
Cipla Medpro South Africa, Ltd. (I)	553,406		389,655
DataTec, Ltd.	323,118		1,286,955
Eqstra Holdings, Ltd. (I)	91,166		72,045
Freeworld Coatings, Ltd.	26,940		32,798
Gold Fields, Ltd. (L)	1,201,658		13,807,050
Grindrod, Ltd.	745,786		1,420,859
Harmony Gold Mining Company, Ltd. (L)	576,931		5,267,380
Hulamin, Ltd. (I)	109,348		162,741
Iliad Africa, Ltd.	269,008		286,413
Imperial Holdings, Ltd.	332,645		4,042,755
Investec, Ltd.	414,998		2,930,140
JD Group, Ltd.	360,070		1,996,672
Kap International Holdings, Ltd. (I)	90,584		29,325
Lewis Group, Ltd.	100,651		722,690
Merafe Resources, Ltd. (I)	2,035,010		382,328
Metair Investments, Ltd. (I)	99,170		64,208
Metorex, Ltd. (I)	16,745		7,943
Metropolitan Holdings, Ltd.	1,019,364		1,848,606
Mondi, Ltd.	285,579		1,629,665


The accompanying notes are an integral part of the financial statements.	60

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
South Africa (continued)
Mvelaphanda Group, Ltd. (I)	555,725	$	597,261
Nampak, Ltd.	1,079,367		2,293,495
Nedbank Group, Ltd.	370,590		5,763,122
Northam Platinum, Ltd.	195,797		1,130,309
Nu-World Holdings, Ltd.	9,429		21,196
Omnia Holdings, Ltd. (I)	92,644		725,219
Palabora Mining Company, Ltd.	7,609		112,366
Peregrine Holdings, Ltd.	219,538		307,092
PSG Group, Ltd.	183,733		525,110
Sanlam, Ltd.	4,143,344		13,117,164
Sappi, Ltd. (I)	189,700		725,706
Sappi, Ltd., SADR (I)	413,417		1,550,314
Simmer and Jack Mines, Ltd. (I)	604,228		111,156
Standard Bank Group, Ltd.	1,927,232		26,842,565
Steinhoff International Holdings, Ltd. (I)	2,273,032		5,633,336
Super Group, Ltd. (I)	1,892,967		161,940
Tiger Wheels, Ltd. (I)	14,267		0
Trans Hex Group, Ltd. (I)	25,075		11,389
Trencor, Ltd.	225,876		878,979
Value Group, Ltd.	267,946		117,969

			116,727,259
South Korea - 11.87%
Aekyung Petrochemical Company, Ltd.	1,450		19,118
Artone Paper Manufacturing Company, Ltd. (I)	3,004		11,799
Asia Cement Company, Ltd.	4,430		188,245
Asia Paper Manufacturing Company, Ltd.	2,000		18,287
Asiana Airlines, Inc. (I)	120,880		393,704
AUK Corp.	5,400		10,776
BNG Steel Company, Ltd. (I)	1,630		11,189
Boryung Pharmaceutical Company, Ltd.	1,248		34,158
Busan Bank	184,360		1,849,967
Byucksan Engineering &
Construction Company, Ltd.	6,140		12,277
Chokwang Leather Company, Ltd. (I)	2,300		15,130
Chong Kun Dang Pharm Corp.	1,200		20,270
Choongwae Pharma Corp.	3,519		54,885
Chosun Refractories Company, Ltd.	1,160		54,484
CJ CheilJedang Corp.	97		17,507
CJ Corp.	17,996		1,066,467
D.I Corp (I)	8,700		9,367
Dae Chang Industrial Company, Ltd.	27,000		20,919
Dae Dong Industrial Company, Ltd.	2,600		52,461
Dae Han Flour Mills Company, Ltd.	1,742		192,923
Dae Won Kang Up Company, Ltd.	18,609		30,003
Daeduck Electronics Company, Ltd.	58,880		306,329
Daeduck GDS Company, Ltd.	5,010		40,053
Daegu Bank	185,600		2,366,366
Daehan Steel Company, Ltd.	9,350		103,525
Daehan Synthetic Fiber Company, Ltd.	130		6,971
Daekyo Company, Ltd.	62,070		296,502
Daelim Industrial Company, Ltd.	39,600		2,431,216
Daesang Corp. (I)	18,320		111,279
Daesung Industrial Company, Ltd.	1,883		128,303
Daewoo Engineering &
Construction Company, Ltd.	122,910		1,201,938
Daewoo Motor Sales Corp. (I)	53,167		329,701
Daewoong Company, Ltd.	620		10,314
Daishin Securities Company, Ltd.	67,580		908,049
Daiyang Metal Company, Ltd. (I)	4,090		6,695
Daou Technology, Inc.	48,110		310,913
Digital Power Communications Company, Ltd.	14,000		15,094
Dong Ah Tire & Rubber Company, Ltd.	3,100		20,765
Dong Wha Pharmaceutical Company, Ltd.	20,150		103,966
Dong-Il Corp.	645		27,243


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
South Korea (continued)
Dongbang Transport Logistics Company, Ltd.	5,650	$	11,614
Dongbu Corp.	16,730		97,716
Dongbu HiTek Company, Ltd. (I)	41,060		221,051
Dongbu Securities Company, Ltd. (I)	28,389		148,653
Dongbu Steel Company, Ltd.	26,723		229,975
Dongil Paper Manufacturing Company, Ltd.	13,000		10,086
Dongkuk Steel Mill Company, Ltd.	54,660		1,073,487
Dongwon F&B Company, Ltd.	880		35,250
Dongyang Engineering & Construction Corp.	1,469		18,429
Dongyang Mechatronics Corp.	24,424		111,915
Doosan Corp.	507		47,145
Doosan Industrial Development Company, Ltd.	44,670		244,012
Engene Investment & Securities
Company, Ltd. (I)	642,760		481,669
F&F Company, Ltd.	5,100		17,102
Fursys, Inc.	1,550		37,023
Gaon Cable Company, Ltd.	1,218		30,255
Global & Yuasa Battery Company, Ltd.	810		16,428
GS Holdings Corp.	72,730		2,393,319
Gwangju Shinsegae Company, Ltd.	540		59,807
Hae In Corp.	1,846		5,202
Halla Climate Control Company, Ltd.	43,190		483,837
Halla Engineering & Construction Corp.	7,790		126,018
Hana Financial Group, Inc.	194,920		5,623,048
Handok Pharmaceuticals Company, Ltd.	1,000		14,438
Handsome Company, Ltd.	16,628		196,330
Hanil Cement Manufacturing Company, Ltd.	8,549		538,009
Hanil Construction Company, Ltd. (I)	1,470		5,443
Hanil E-Wha Company, Ltd.	6,400		31,367
Hanjin Heavy Industries &
Construction Company, Ltd.	26,430		496,253
Hanjin Heavy Industries & Construction
Holdings Company, Ltd.	15,080		135,076
Hanjin Shipping Company, Ltd. (I)	70,950		1,688,266
Hanjin Shipping Holdings Company, Ltd. (I)	13,679		187,258
Hanjin Transportation Company, Ltd.	12,470		352,415
Hankook Cosmetics Company, Ltd.	6,300		15,153
Hankuk Electric Glass Company, Ltd.	3,370		84,389
Hankuk Glass Industries, Inc.	1,820		32,842
Hankuk Paper Manufacturing Company, Ltd.	3,690		90,397
Hanshin Construction Company, Ltd.	3,010		35,432
Hansol Chemical Company, Ltd.	3,500		35,243
Hansol CSN Company, Ltd.	23,450		29,494
Hansol LCD, Inc.	390		11,003
Hansol Paper Company, Inc.	48,030		432,369
Hanssem Company, Ltd.	6,330		68,744
Hanwha Chemical Corp.	113,670		1,492,626
Hanwha Securities Company, Ltd.	57,600		426,684
Hanwha Timeworld Company, Ltd.	1,700		19,121
Hanyang Securities Company, Ltd.	12,220		110,562
Heung-A Shipping Company, Ltd.	51,105		35,047
Hite Holdings Company, Ltd.	8,280		145,545
Honam Petrochemical Corp.	20,627		2,123,309
Hotel Shilla Company, Ltd.	22,640		389,978
HS R&A Company, Ltd.	2,200		15,276
Husteel Company, Ltd.	5,310		72,158
Hwa Shin Company, Ltd.	14,690		62,883
Hwacheon Machine Tool Company, Ltd.	730		22,779
HwaSung Industrial Company, Ltd. (I)	3,530		15,787
Hyosung Corp.	16,050		1,209,803
Hyundai Cement Company, Ltd.	2,370		26,333
Hyundai DSF Company, Ltd.	2,800		18,637
Hyundai Elevator Company, Ltd.	3,641		161,960
Hyundai H & S Company, Ltd.	5,183		334,965
Hyundai Hysco Company, Ltd.	41,680		635,308


The accompanying notes are an integral part of the financial statements.	61

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
South Korea (continued)
Hyundai Merchant Marine Company, Ltd.	21,550	$	542,457
Hyundai Mipo Dockyard Company, Ltd.	17,062		1,910,360
Hyundai Motor Company, Ltd.	197,506		19,562,619
Hyundai Pharmaceutical
Industrial Company, Ltd.	9,400		16,535
Hyundai Securities Company, Ltd.	194,107		2,180,856
Hyundai Steel Company	78,472		6,000,506
Il Dong Pharmaceutical Company, Ltd.	4,520		119,438
Iljin Diamond Company, Ltd. (I)	712		5,578
Iljin Holdings Company, Ltd.	15,328		36,445
Ilsung Pharmaceutical Company, Ltd.	1,470		88,678
Industrial Bank of Korea	138,260		1,571,905
Inzi Controls Company, Ltd.	6,490		15,495
IS Dongseo Company, Ltd.	10,880		70,147
ISU Chemical Company, Ltd.	7,260		78,816
Jahwa Electronics Company, Ltd.	13,850		82,059
Jeil Mutual Savings Bank	1,850		11,233
Jeil Pharmaceutical Company	1,910		14,768
Jeonbuk Bank, Ltd.	62,192		379,438
Joongang Construction Company, Ltd. (I)	2,700		9,469
KB Financial Group, Inc., ADR (I)(L)	258,174		10,809,745
KC Tech Company, Ltd.	14,278		56,764
KCC Corp.	6,948		2,111,943
KCTC	1,100		16,306
Keangnam Enterprises, Ltd. (I)	11,908		95,613
Keyang Electric Machinery Company, Ltd.	18,120		37,536
KG Chemical Corp.	5,600		60,769
Kia Motors Corp.	269,640		5,051,190
KISCO Corp.	4,286		148,005
KISCO Holdings Company, Ltd.	783		38,467
KISWIRE, Ltd.	6,149		183,342
Kolon Engineering &
Construction Company, Ltd.	27,010		116,589
Korea Airport Service Company, Ltd.	1,020		28,513
Korea Cast Iron Pipe Industries Company, Ltd.	6,600		25,825
Korea Circuit Company, Ltd. (I)	5,500		14,327
Korea Development Corp. (I)	2,330		8,690
Korea Development Financing Corp.	1,960		54,076
Korea Electric Terminal Company, Ltd.	7,230		122,747
Korea Exchange Bank	344,640		3,785,622
Korea Express Company, Ltd. (I)	1,779		86,018
Korea Flange Company, Ltd. (I)	1,830		16,114
Korea Green Paper Manufacturing
Company, Ltd. (I)	3,607		4,511
Korea Investment Holdings Company, Ltd.	58,647		1,530,538
Korea Kumho Petrochemical
Company, Ltd. (I)	15,040		234,954
Korea Line Corp. (I)	10,777		399,190
Korea Mutual Savings Bank (I)	870		9,335
Korean Air Lines Company, Ltd. (I)	51,180		2,566,322
Korean Petrochemical
Industrial Company, Ltd.	2,450		81,692
KP Chemical Corp.	43,550		299,442
KPX Chemcial Company, Ltd.	1,601		61,977
KTB Network Corp. (I)	70,470		189,958
Kukdo Chemical Company, Ltd.	4,840		116,797
Kumho Industrial Company, Ltd. (I)	36,950		136,891
Kumho Investment Bank	60,370		58,772
Kumho Tire Company, Inc. (I)(L)	53,240		156,214
Kumkang Industrial Company, Ltd.	1,400		10,795
Kwang Dong Pharmaceutical Company, Ltd.	54,350		127,881
Kyeryong Construction
Industrial Company, Ltd.	8,060		135,239
Kyung Nong Corp.	11,060		37,671
Kyungbang, Ltd. (I)	681		65,748


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
South Korea (continued)
Lee Ku Industrial Company, Ltd.	8,740	$	10,392
LG Display Company, Ltd., ADR (I)(L)	290,450		4,368,368
Livart Furniture Company, Ltd.	10		69
Lotte Chilsung Beverage Company, Ltd.	1,027		718,023
Lotte Confectionery Company, Ltd.	1,049		1,107,330
Lotte Samkang Company, Ltd.	902		184,808
Lotte Shopping Company, Ltd.	13,543		3,726,952
Manho Rope & Wire, Ltd.	1,400		17,556
Meritz Investment Bank (I)	63,031		43,721
Meritz Securities Company, Ltd.	259,560		263,808
Moorim Paper Company, Ltd.	4,880		35,488
Namyang Dairy Products Company, Ltd.	646		282,394
Nexen Corp.	1,670		62,941
Nong Shim Holdings Company, Ltd.	1,340		73,920
On*Media Corp. (I)	92,630		266,521
Pacific Corp.	4,328		443,117
Pang Rim Company, Ltd.	950		10,813
PaperCorea, Inc. (I)	2,900		17,900
Poonglim Industrial Company, Ltd. (I)	5,520		10,785
Poongsan Corp. (I)	6,919		114,400
Poongsan Holdings Corp.	1,300		20,126
POSCP Coated & Color Steel Company, Ltd.	1,600		32,864
Pulmuone Company, Ltd.	1,122		47,590
Pumyang Construction Company, Ltd.	2,342		11,350
Pusan City Gas Company, Ltd.	7,810		136,698
S&T Daewoo Company, Ltd. (I)	810		18,438
S&T Dynamics Company, Ltd.	11,410		142,569
S&T Holdings Company, Ltd.	2,360		28,871
Saehan Media Company, Ltd. (I)	6,266		19,221
Sam Kwang Glass Industrial Company, Ltd.	860		29,564
Sam Lip General Foods Company, Ltd.	3,850		28,638
Sam Young Electronics Company, Ltd.	13,690		116,262
Sam Yung Trading Company, Ltd.	4,666		18,363
Sambu Construction Company, Ltd.	5,016		90,530
Samho International Company, Ltd. (I)	6,780		17,233
Samick Musical Instruments Company, Ltd.	8,830		6,659
Samick THK Company, Ltd.	11,120		23,195
Samsung SDI Company, Ltd.	48,621		5,380,481
Samwhan Corp.	3,850		30,517
Samyang Corp.	7,861		263,145
Samyang Genex Company, Ltd.	1,932		101,611
Samyang Tongsang Company, Ltd.	690		14,401
Savezone I&C Corp. (I)	16,880		29,099
Seah Besteel Corp.	15,200		206,915
SeAH Holdings Corp.	1,133		57,052
SeAH Steel Corp.	2,632		74,145
Sebang Company, Ltd.	10,890		121,084
Sejong Industrial Company, Ltd.	7,830		56,690
SGWICUS Corp. (I)	4,800		9,926
SH Chemical Company, Ltd. (I)	31,743		14,908
Shin Poong Pharmaceutical Company, Ltd.	1,880		46,278
Shinhan Engineering & Construction
Company, Ltd. (I)	3,177		27,234
Shinhan Financial Group
Company, Ltd., SADR (I)(L)	157,639		11,460,355
Shinhan Financial Group Company, Ltd.	65,000		2,341,907
Shinsegae Engineering &
Construction Company, Ltd.	1,110		12,484
Shinsung ENG Company, Ltd. (I)	3,222		7,440
Shinsung FA Company, Ltd.	3,222		7,328
Shinyoung Securities Company, Ltd.	7,210		236,177
Silla Company, Ltd.	12,407		127,223
Sindoh Company, Ltd.	5,604		261,379
SJM Company, Ltd.	8,130		34,686
SK Gas Company, Ltd.	2,662		99,619


The accompanying notes are an integral part of the financial statements.	62

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
South Korea (continued)
SK Holdings Company, Ltd.	39,835	$	2,965,873
SKC Company, Ltd.	28,030		423,662
SL Corp.	5,830		36,096
Solomon Mutual Savings Bank (I)	3,600		14,098
Ssangyong Cement Industrial
Company, Ltd. (I)	21,560		140,486
STX Pan Ocean Company, Ltd.	104,770		1,064,632
STX Shipbuilding Company, Ltd.	15,540		159,953
Suheung Capsule Company, Ltd.	9,580		56,637
Sung Bo Chemicals Company, Ltd.	410		10,749
Sungjee Construction Company, Ltd. (I)	2,210		6,178
Sungshin Cement Company, Ltd. (I)	5,760		37,719
Sungwon Corp. (I)	4,230		5,012
Sunjin Company, Ltd. (I)	1,010		30,121
Tae Kyung Industrial Company, Ltd.	14,930		60,961
Taegu Department Store Company, Ltd.	6,440		67,429
Taekwang Industrial Company, Ltd.	613		348,277
Taeyoung Engineering & Construction, Ltd.	62,140		265,463
Taihan Electric Wire Company, Ltd. (I)	34,660		488,027
Tec & Company (I)	57,230		15,298
Telcoware Company, Ltd.	4,000		27,484
The Basic House Company, Ltd. (I)	1,500		9,512
Trybrands, Inc. (I)	3,036		15,571
TS Corp.	2,406		98,306
Uangel Corp.	7,990		46,127
Unid Company, Ltd.	2,000		62,147
Union Steel Company, Ltd. (I)	5,560		95,429
Wiscom Company, Ltd.	3,680		12,899
Woongjin Holdings Company, Ltd. (I)	39,680		320,076
Woori Finance Holdings Company, Ltd.	19,710		221,472
Woori Financial Company, Ltd.	3,100		22,677
Woori Investment & Securities Company, Ltd.	122,940		1,572,018
YESCO Company, Ltd.	1,480		30,633
Yoosung Enterprise Company, Ltd.	10,176		19,266
Youlchon Chemical Company, Ltd.	18,290		144,690
Young Poong Corp.	25		11,292
Youngone Corp.	18,824		154,375
Youngone Holdings Company, Ltd.	4,706		121,561
YuHwa Securities Company, Ltd.	3,240		41,492

			140,713,070
Taiwan - 11.33%
Accton Technology Corp.	834,000		363,670
Achem Technology Corp.	282,000		123,243
Action Electronics Company, Ltd. (I)	201,000		77,315
Advanced Semiconductor Engineering, Inc.	506,974		402,708
AGV Products Corp. (I)	753,505		260,611
Allis Electric Company, Ltd. (I)	135,000		47,649
Arima Communication Corp. (I)	344,000		135,374
Arima Optoelectronics Corp. (I)	233,134		65,894
Asia Cement Corp.	277,000		253,747
Asia Optical Company, Inc.	29,000		58,482
Asia Polymer Corp.	337,000		288,490
Asustek Computer, Inc.	1,778,516		3,132,183
AU Optronics Corp. (L)	1,215,245		12,602,091
Audix Corp.	81,200		55,663
Aurora Systems Corp.	63,000		41,304
Avision, Inc.	253,916		124,853
Bank of Kaohsiung, Ltd. (I)	495,680		159,845
BES Engineering Corp.	2,538,200		589,166
C Sun Manufacturing, Ltd.	50,729		27,149
Cameo Communications, Inc.	200,000		98,740
Carnival Industrial Corp. (I)	198,000		47,926
Catcher Technology Company, Ltd.	116,000		236,727
Cathay Chemical Works, Inc.	73,000		24,677


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Taiwan (continued)
Cathay Real Estate Development
Company, Ltd. (I)	1,529,000	$	619,197
Central Reinsurance Company, Ltd. (I)	269,535		104,291
Chain Qui Development Company, Ltd.	76,000		60,841
Champion Building Materials Company, Ltd.	389,526		232,527
Chang Hwa Commercial Bank, Ltd.	3,732,000		1,643,675
Charoen Pokphand Enterprisecharoen
Pokphand Enterprise	86,000		36,179
Cheng Loong Corp. (I)	1,606,000		600,530
Chenming Mold Industrial Corp.	92,128		53,739
Chi Mei Optoelectronics Corp. (I)	5,882,950		4,058,488
Chia Hsin Cement Corp. (I)	797,560		362,807
Chien Shing Stainless Steel Company, Ltd. (I)	181,000		35,255
Chilisin Electronics Corp.	63,240		55,241
Chin-Poon Industrial Company, Ltd.	466,466		360,770
China Airlines, Ltd. (I)	1,978,730		640,906
China Development Financial
Holdings Corp. (I)	14,866,216		4,043,110
China Electric Manufacturing Corp.	456,000		292,535
China General Plastics Corp. (I)	588,000		229,854
China Glaze Company, Ltd. (I)	109,203		56,784
China Manmade Fibers Corp. (I)	2,062,000		462,006
China Metal Products Company, Ltd.	356,999		465,023
China Motor Company, Ltd. (I)	1,144,905		654,505
China Petrochemical Development Corp. (I)	3,005,780		1,095,561
China Steel Structure Company, Ltd.	107,000		75,779
China Synthetic Rubber Corp.	17,937		16,321
China Wire & Cable Company, Ltd. (I)	120,000		40,890
Chinatrust Finance Holding Company, Ltd.	82,541		44,700
Ching Feng Home Fashions Company, Ltd. (I)	108,780		35,122
Chun Yu Works & Company, Ltd.	115,000		32,891
Chun Yuan Steel Industrial Company, Ltd.	652,980		256,362
Chung Hwa Pulp Corp.	622,000		287,806
Chunghwa Picture Tubes, Ltd. (I)	12,554,000		1,218,610
CMC Magnetics Corp. (I)	4,140,000		1,071,679
Collins Company, Ltd. (I)	155,400		53,062
Compeq Manufactuing Company, Ltd. (I)	1,614,000		421,325
Continental Engineering Corp.	875,000		313,588
D-Link Corp.	419,770		426,184
Delpha Construction Company, Ltd. (I)	134,554		49,033
E.Sun Financial Holding Company, Ltd. (I)	5,578,191		2,065,416
Eastern Media International Corp. (I)	1,061,053		243,937
Eclat Textile Company, Ltd.	126,072		77,935
Edom Technology Company, Ltd. (I)	64,000		33,543
Elitegroup Computer Systems Company, Ltd.	1,024,576		410,129
Enlight Corp. (I)	164,799		6,471
Entie Commercial Bank (I)	92,000		23,167
Eternal Chemical Company, Ltd.	269,973		261,459
EVA Airways Corp. (I)	2,425,567		918,071
Everest Textile Company, Ltd. (I)	224,000		39,700
Evergreen Marine Corp. (I)	1,785,000		1,067,936
Everlight Chemical Industrial Corp.	597,000		503,049
Everspring Industry Company, Ltd. (I)	61,000		19,056
Evertop Wire Cable Corp. (I)	98,275		19,284
Excel Cell Electronic Company, Ltd.	29,000		14,910
Far Eastern International Bank (I)	2,255,652		693,617
Federal Corp. (I)	609,527		431,341
First Copper Technology Company, Ltd. (I)	169,000		75,974
First Financial Holding Company, Ltd.	6,324,375		3,399,061
First Insurance Company, Ltd. (I)	302,165		114,400
Formosa Taffeta Company, Ltd.	1,516,000		1,126,697
Formosan Rubber Group, Inc.	767,000		598,360
Formosan Union Chemical	177,595		73,882
FSP Technology, Inc.	352,600		427,627
FU I Industrial Company, Ltd. (I)	159,000		41,612


The accompanying notes are an integral part of the financial statements.	63

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Taiwan (continued)
Fwusow Industry Company, Ltd. (I)	103,000	$	35,553
Getac Technology Corp.	601,000		456,514
Giantplus Technology Company, Ltd. (I)	205,000		105,991
Gigabyte Technology Company, Ltd.	827,000		753,722
Gold Circuit Electronics, Ltd.	794,171		275,422
Goldsun Development &
Construction Company, Ltd.	2,115,665		803,456
Gordon Auto Body Parts Company, Ltd.	51,184		20,368
Grand Pacific Petrochemical Corp. (I)	1,153,000		581,828
Great China Metal Industry Company, Ltd.	303,000		186,018
GTM Corp. (I)	95,000		55,918
Hannstar Board Corp.	54,000		45,675
HannStar Display Corp. (I)	6,121,000		1,223,039
Hey Song Corp.	572,000		346,132
Hitron Technology, Inc.	70,432		41,566
Ho Tung Chemical Corp. (I)	739,555		362,820
Hocheng Group Corp. (I)	177,000		58,124
Hold-Key Electric Wire & Cable
Company, Ltd. (I)	134,640		78,432
Holystone Enterprise Company, Ltd.	54,000		77,811
Hong TAI Electric Industrial Company, Ltd.	328,000		127,350
Hsin Kuang Steel Company, Ltd.	420,153		428,483
Hsing TA Cement Company, Ltd.	227,000		68,419
Hua Eng Wire & Cable Company, Ltd. (I)	1,053,000		360,616
Hua Nan Financial Holdings Company, Ltd.	806,000		502,330
Hung Ching Development Company, Ltd.	191,000		115,241
Hung Sheng Construction Company, Ltd.	821,000		469,285
Hwa Fong Rubber Company, Ltd. (I)	584,770		245,668
Ichia Technologies, Inc. (I)	512,300		259,327
InnoLux Display Corp.	2,229,950		3,167,427
International Semiconductor
Technology, Ltd. (I)	338,000		164,735
Inventec Company, Ltd.	3,180,155		1,738,703
Johnson Health Tech Company, Ltd.	87,720		113,543
Jui Li Enterprise Company, Ltd. (I)	66,950		17,045
K Laser Technology, Inc.	82,214		53,266
Kaulin Manufacturing Company, Ltd.	164,490		91,994
KEE TAI Properties Company, Ltd.	578,037		284,455
Kindom Construction Company, Ltd.	561,000		408,320
King Yuan Electronics Company, Ltd.	1,864,706		815,925
King’s Town Bank (I)	847,000		208,055
Kinko Optical Company, Ltd. (I)	88,000		67,105
Kinpo Electronics, Inc. (I)	2,071,724		585,526
Kwong Fong Industries Corp. (I)	933,000		283,009
L&K Engineering Company, Ltd.	57,000		61,411
Lan Fa Textile Company, Ltd. (I)	169,781		46,255
Lead Data, Inc. (I)	164,173		38,399
Lealea Enterprise Company, Ltd. (I)	1,142,500		324,202
LEE CHI Enterprises Company, Ltd.	110,000		34,939
Lelon Electronics Corp. (I)	92,000		45,082
Leofoo Development Company, Ltd. (I)	25,000		13,606
Li Peng Enterprise Company, Ltd. (I)	448,864		197,411
Lien Hwa Industrial Corp.	927,954		410,349
Lingsen Precision Industries, Ltd.	304,101		150,134
Lite-On Technology Corp.	2,148,639		2,764,871
Long Chen Paper Company, Ltd. (I)	343,476		106,379
Lucky Cement Corp. (I)	190,000		44,111
Macronix International Company, Ltd.	2,379,879		1,275,221
Masterlink Securities Corp (I)	1,014,000		402,753
Mayer Steel Pipe Corp. (I)	63,781		42,591
Mega Financial Holding Company, Ltd.	13,548,000		7,492,175
Meiloon Industrial Company, Ltd.	112,231		44,390
Micro-Star International Company, Ltd.	1,345,488		804,768
Microelectronics Technology	130,000		75,325
Mitac International	2,182,916		938,472


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Taiwan (continued)
Mobiletron Electronics Company, Ltd. (I)	31,000	$	22,690
Mustek Systems, Inc. (I)	40,151		9,433
Nien Hsing Textile Company, Ltd.	658,000		348,444
Optimax Technology Corp. (I)	319,000		30,158
Oriental Union Chemical Corp.	183,000		145,065
Pacific Construction Company, Ltd. (I)	267,000		49,320
Pan Jit International, Inc.	418,806		357,979
Phihong Technology Company, Ltd.	666,573		608,341
Pou Chen Corp.	1,230,400		906,469
President Securities Corp. (I)	135,000		74,426
Prodisc Technology, Inc. (I)	540,000		9,980
Quintain Steel Company, Ltd. (I)	126,750		39,477
Radiant Opto-Electronics Corp.	121,000		147,921
Ralec Electronic Corp.	76,292		122,311
Rexon Industrial Corp., Ltd. (I)	153,000		41,502
Ritek Corp. (I)	4,555,428		1,131,023
Sampo Corp. (I)	1,763,000		279,036
Sanyang Industrial Company, Ltd. (I)	1,060,481		370,068
SDI Corp.	137,000		148,402
Sheng Yu Steel Company, Ltd.	151,000		103,993
Shinkong Insurance Company, Ltd. (I)	151,788		96,927
Shinkong Synthetic Fibers Corp. (I)	2,445,000		798,878
Sigurd Microelectronics Corp.	275,326		144,074
Sinbon Electronics Company, Ltd.	78,000		50,914
Sinon Corp.	520,150		213,897
SinoPac Holdings Company, Ltd. (I)	11,016,000		3,551,264
Siward Crystal Technology Company, Ltd.	65,301		27,060
Solomon Technology Corp. (I)	81,036		33,258
Southeast Cement Company, Ltd. (I)	390,000		126,275
Spirox Corp.	62,369		46,809
Springsoft, Inc.	348,000		359,733
Stark Technology, Inc.	148,000		130,435
Ta Chen Stainless Pipe Company, Ltd. (I)	720,000		500,148
Ta Chong Bank, Ltd. (I)	2,375,000		465,414
Ta Ya Electric Wire & Cable
Company, Ltd. (I)	905,571		211,647
TA-I Technology Company, Ltd.	181,941		253,453
Tah Hsin Industrial Company, Ltd.	105,000		73,079
Taichung Commercial Bank	1,673,072		417,116
Tainan Enterprises Company, Ltd.	121,800		127,450
Tainan Spinning Company, Ltd. (I)	1,984,000		760,267
Taishin Financial Holdings Company, Ltd. (I)	5,053,168		1,699,540
Taisun Enterprise Company, Ltd. (I)	220,000		78,828
Taita Chemical Company, Ltd. (I)	95,790		37,413
Taiwan Business Bank (I)	3,765,000		960,808
Taiwan Cement Corp.	403,000		371,668
Taiwan Cogeneration Corp	419,000		210,259
Taiwan Cooperative Bank	4,525,275		2,580,640
Taiwan Fu Hsing Industrial Company, Ltd.	83,000		49,036
Taiwan Glass Industrial Corp.	874,111		781,599
Taiwan International Securities Corp. (I)	366,000		97,597
Taiwan Kai Yih Industrial Company, Ltd.	125,209		114,311
Taiwan Kolin Company, Ltd. (I)	400,000		0
Taiwan Mask Corp.	321,000		113,759
Taiwan Paiho, Ltd.	449,900		356,307
Taiwan Pulp & Paper Corp. (I)	385,000		114,916
Taiwan Sakura Corp.	217,615		104,072
Taiwan Sogo Shin Kong	75,000		51,686
Taiwan Styrene Monomer Corp. (I)	1,000,479		576,653
Taiwan Tea Corp. (I)	91,000		45,861
Taiyen Biotech Company, Ltd. (I)	395,000		233,082
Tatung Company, Ltd. (I)	6,643,000		1,386,729
Teapo Electronic Corp. (I)	205,000		31,800
Teco Electric & Machinery Company, Ltd.	3,283,000		1,311,218
Tex-Ray Industrial Company, Ltd. (I)	90,000		23,813


The accompanying notes are an integral part of the financial statements.	64

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Taiwan (continued)
Ton Yi Industrial Corp.	1,073,000	$	387,897
Twinhead International Corp. (I)	224,000		34,393
TYC Brother Industrial Company, Ltd.	264,593		194,830
Tycoons Group Enterprise Company, Ltd. (I)	915,000		194,104
TZE Shin International Company, Ltd. (I)	101,671		37,854
U-Tech Media Corp. (I)	180,000		85,793
Unimicron Technology Corp.	641,855		717,393
Union Bank of Taiwan (I)	1,282,000		230,102
Unitech Electronics Company, Ltd.	168,039		93,195
Unitech Printed Circuit Board Corp. (I)	617,950		204,132
United Integrated Services Company, Ltd.	98,000		95,380
United Microelectronics Corp. (I)	19,639,406		9,451,180
Universal Cement Corp. (I)	929,808		444,683
UPC Technology Corp.	1,032,600		514,765
USI Corp. (I)	968,000		600,393
Ve Wong Corp.	88,200		65,683
Walsin Lihwa Corp. (I)	4,672,000		1,526,745
Walsin Technology Corp. (I)	825,262		464,652
Wan Hai Lines, Ltd. (I)	555,000		280,800
Waterland Financial Holding Company (I)	2,789,800		873,798
WEI Chih Steel Industrial Company, Ltd. (I)	110,000		32,375
Weikeng Industrial Company, Ltd.	89,000		52,557
Winbond Electronics Corp. (I)	5,206,000		1,172,378
Wintek Corp. (I)	1,838,000		1,305,166
Wt Microelectronics Company, Ltd.	65,000		52,451
WUS Printed Circuit Company, Ltd. (I)	254,000		85,477
Yageo Corp.	3,783,000		1,296,779
Yang Ming Marine Transport Corp.	2,239,015		788,353
Yi Jinn Industrial Company, Ltd. (I)	219,800		55,184
Yieh Phui Enterprise Company, Ltd.	1,769,145		650,439
Yosun Industrial Corp.	473,752		494,443
Yuen Foong Yu Paper Manufacturing
Company, Ltd. (I)	1,736,711		652,756
Yulon Motor Company, Ltd.	1,524,900		1,456,110
Yung Chi Paint & Varnish
Manufacturing Company, Ltd.	68,850		92,487
Yungtay Engineering Company, Ltd.	686,000		532,250
Zenitron Corp.	78,000		50,185
Zig Sheng Industrial Company, Ltd. (I)	270,179		114,363
Zippy Technology Corp.	69,300		51,940
Zyxel Communications Corp.	518,000		404,145

			134,311,718
Thailand - 1.70%
Bangchak Petroleum PCL	623,100		275,133
Bangkok Bank PCL	531,900		1,906,808
Bangkok Expressway PCL	411,300		258,734
Bangkok Insurance PCL	2,500		18,222
Bangkokland PCL (I)	11,336,200		181,708
Bank of Ayudhya PCL	6,378,800		3,987,615
Cal-Comp Electronics Thailand PCL	2,426,200		220,130
Charoen Pokphand Foods PCL	4,015,300		1,493,670
Delta Electronics Thailand PCL	382,600		216,380
Eastern Water Resources Development &
Management PCL	140,000		19,138
G J Steel PCL (I)	24,328,200		125,081
Hana Microelectronics PCL	430,000		279,601
Hemaraj Land & Development PCL	7,157,000		170,997
IRPC PCL	3,100,000		412,521
Italian-Thai Development PCL (I)	1,842,570		148,230
Jasmine International PCL (I)	641,000		9,499
KGI Securities Thailand PCL	1,922,600		68,612
Kiatnakin Finance PCL	363,700		274,989
Krung Thai Bank PCL	5,336,300		1,613,882
Krungthai Card PCL (I)	126,000		46,871


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Thailand (continued)
Loxley PCL (I)	988,200	$	57,681
MBK PCL	57,800		125,424
Padaeng Industry PCL	20,000		10,767
Polyplex PCL	190,000		33,041
Power Line Engineering PCL (I)	492,400		14,892
Pranda Jewelry PCL	214,300		30,591
Precious Shipping PCL	565,400		312,924
PTT Aromatics & Refining PCL	1,422,500		1,150,820
PTT Chemical PCL	713,700		1,721,384
Regional Container Lines PCL (I)	401,800		117,873
Saha-Union PCL	134,800		86,429
Sahaviriya Steel Industries PCL (I)	8,188,100		287,258
Sansiri PCL	1,102,100		163,323
SC Asset Corp. PCL	168,200		58,500
Seamico Securities PCL	421,400		23,705
Siam City Bank PCL	1,111,350		1,008,332
Supalai PCL	985,400		190,732
Tata Steel Thailand PCL (I)	4,711,900		249,382
Thai Oil PCL	972,100		1,271,536
Thai Plastic & Chemical PCL	292,800		162,052
Thai Stanley Electric PCL	13,000		45,411
Thaicom PCL (I)	544,900		99,702
Thanachart Captial PCL	921,100		559,931
Thoresen Thai Agencies PCL	405,370		295,461
TPI Polene PCL	1,079,440		253,007
Vanachai Group PCL	672,000		59,345
Vinythai PCL	100,000		19,961

			20,137,285
Turkey - 2.44%
Adana Cimento Sanayii	183,047		75,762
Akcansa Cimento AS	113,818		500,938
Aksa Akrilik Kimya Sanayii AS (I)	121,454		176,024
Aksigorta AS	290,218		296,964
Alarko Holding AS	207,987		487,295
Anadolu Cam Sanayii AS (I)	205,846		245,159
Anadolu Isuzu Otomotiv Sanayi AS (I)	7,282		26,148
Anadolu Sigorta AS	467,498		387,547
Arcelik AS (I)	301,918		1,016,547
Ayen Enerji AS	20,072		31,605
Aygaz AS	201,651		782,962
BatiSoke AS (I)	24,824		24,908
Bolu Cimento Sanayii AS	137,486		167,169
Borusan Mannesmann Boru Sanayi AS (I)	13,810		100,988
Brisa Bridgestone Sabanci	831		55,409
Cemtas Celik Makina	81,516		48,527
Cimsa Cimento Sanayi VE Tica	125,463		645,206
Dogan Gazetecilik AS (I)	62,235		113,457
Dogan Sirketler Grubu Holdings AS	1,991,109		1,352,725
Dogus Otomotiv Servis ve Ticaret AS (I)	105,253		328,367
Eczacibasi Ilac Sanayi AS	368,380		620,342
EGE Seramik Sanayi ve Ticaret AS (I)	26,340		19,086
Eregli Demir ve Celik Fabrikalari (I)	1,043,084		2,850,050
Gentas Genel Metal Sanayi ve Ticaret AS (I)	46,226		34,093
Global Yatirim Holding AS (I)	508,853		240,598
Goldas Kuyumculuk Sanayi AS (I)	54,847		35,498
Goodyear Lastikleri Turk AS	17,513		166,517
GSD Holding AS (I)	559,767		297,160
Gunes Sigorta AS (I)	31,526		40,412
HACI Omer Sabanci Holding AS -
New Shares (I)	207,798		765,890
Hurriyet Gazetecilik AS (I)	513,859		534,783
Ihlas Holding AS (I)	798,884		310,012
Izmir Demir Celik Sanayi AS (I)	107,008		133,635


The accompanying notes are an integral part of the financial statements.	65

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Emerging Markets Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Turkey (continued)
Kardemir Karabuk Demir Celik Sanayi ve
Ticaret AS (I)	418,488	$	197,775
Kartonsan Karton Sanayi ve Ticaret AS	638		47,062
KOC Holdings AS (I)	1,088,421		3,241,584
Konya Cimento Sanayii AS	977		82,856
Kordsa Global Endustriyel Iplik ve Kord Bezi
Sanayi ve Ticaret Anonim Sirketi AS (I)	316,320		659,274
Marmaris Marti Otel Isletmeleri AS (I)	71,538		54,637
Menderes Tekstil Sanayi ve Ticaret AS (I)	126,374		48,286
Mutlu Aku ve Malzemeleri Sanayi AS (I)	28,331		34,873
Net Turizm Ticaret ve Sanayi AS (I)	98,336		73,223
Nortel Networks Netas Telekomunikasyon AS	14,863		567,637
Parsan Makina Parcalari Sanayii AS (I)	28,857		23,345
Petkim Petrokimya Holding AS (I)	195,073		1,029,540
Pinar Entegre Et ve Un Sanayi AS	36,324		110,002
Pinar Sut Mamulleri Sanayii AS	40,679		190,932
Sanko Pazarlama Ithalat Ihracat AS (I)	20,076		44,182
Sarkuysan Elektrolitik Bakir AS (I)	91,563		169,470
Sekerbank TAS (I)	316,617		463,642
Tekfen Holding AS (I)	92,888		300,831
Tekstil Bankasi AS (I)	140,973		105,901
Trakya Cam Sanayi AS (I)	526,396		644,023
Turcas Petrolculuk AS	93,599		276,152
Turk Ekonomi Bankasi AS (I)	521,636		814,144
Turk Hava Yollari AS	48,100		152,586
Turk Sise ve Cam Fabrikalari AS (I)	789,276		919,726
Turkiye Sinai Kalkinma Bankasi AS (I)	673,275		872,914
Turkiye Vakiflar Bankasi Tao (I)	1,727,269		3,939,980
Ulker Gida Sanayi ve Ticaret AS	173,696		382,104
Usas Ucak Servisi AS	18,304		22,736
Vestel Beyaz Esya Sanayi ve Ticaret AS	100,000		226,519
Vestel Elektronik Sanayi ve Tracaret AS (I)(L)	239,841		353,899

			28,961,618

TOTAL COMMON STOCKS (Cost $885,818,788)		$	1,124,535,656


PREFERRED STOCKS - 3.53%
Brazil - 3.51%
Banco Daycoval SA	98,900		546,723
Banco do Estado do Rio Grande do Sul	294,300		2,359,742
Banco Industrial e Comercial SA	171,700		1,092,632
Banco Panamericano SA	166,300		984,650
Banco Pine SA	60,100		361,834
Banco Sofisa SA	83,200		233,880
Bardella SA Industrias Mecanicas (I)	916		80,086
Companhia de Ferro Ligas Da Bahia	35,500		231,801
Companhia de Tecidos Norte de Minas SA	170,600		617,394
Confab Industrial SA	432,867		1,147,350
Forjas Taurus SA	12,540		40,733
Klabin SA	878,800		2,309,880
Marcopolo SA	314,000		1,412,622
Metalurgica Gerdau SA	336,600		6,118,645
Sao Paulo Alpargatas SA	294,000		1,054,212
Saraiva SA Livreiros Editores	5,200		100,999
Suzano Papel e Celulose SA	337,400		3,472,672
Telemar Norte Leste SA	62,700		1,793,758
Uniao de Industrias Petroquimicas SA	1,223,810		677,204
Universo Online SA	87,100		479,083
Usinas Siderurgicas de Minas Gerais SA	582,350		16,537,754

			41,653,654
Malaysia - 0.02%
TA Global BHD (I)	1,466,040		148,520

TOTAL PREFERRED STOCKS (Cost $27,384,456)		$	41,802,174


Emerging Markets Value Fund (continued)
		Shares or
		Principal
		Amount		Value


RIGHTS - 0.02%
Chile - 0.01%
Empresas Iansa SA (Expiration
Date: 03/28/2010) (I)		1,506,833	$	36,468
Malaysia - 0.00%
Mulpha International Bhd (Expiration
Date: 03/12/2010) (I)		2,033,000		1
Poland - 0.01%
Asseco Poland SA (Expiration Date:
05/05/2010, Strike Price: PLN 54.00) (I)		80,863		0
Boryszew SA (Expiration
Date: 03/29/2010) (I)		53,854		139,456
Polski Koncern Miesny Duda SA (Expiration
Date: 03/18/2010) (I)		91,151		2,832

				142,288
Thailand - 0.00%
G J Steel PCL (Expiration
Date: 03/09/2010) (I)		3,063,812		0

TOTAL RIGHTS (Cost $230,672)				178,757


WARRANTS - 0.00%
Malaysia - 0.00%
KPI Healthcare Bhd (Expiration Date:
01/10/2015; Strike Price: MYR 1.70) (I)		108,675		43,719
Thailand - 0.00%
Sansiri PCL (Expiration Date: 01/20/2015,
Strike Price: THB 5.20) (I)		551,050		10,833

TOTAL WARRANTS (Cost $20,100)			$	54,552


SHORT-TERM INVESTMENTS - 8.41%
Repurchase Agreement - 0.16%
Repurchase Agreement with State Street Corp.
dated 02/26/2010 at 0.01% to be
repurchased at $1,927,002 on 03/01/2010,
collateralized by $1,950,000 Federal Home
Loan Bank, 0.785% due 03/30/2010 (valued
at $1,967,082, including interest)	$	1,927,000		1,927,000
*Short-Term Securities - 1.08%**
State Street Institutional Liquid Reserves
Fund, 0.1176%		12,747,332		12,747,332
Securities Lending Collateral - 7.17%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		8,497,798		85,063,807

TOTAL SHORT-TERM INVESTMENTS (Cost $99,686,775)			$	99,738,139

Total Investments (Emerging Markets Value Fund)
(Cost $1,013,140,791) - 106.78%			$	1,266,309,278
Other assets and liabilities, net - (6.78%)				(80,367,640)

TOTAL NET ASSETS - 100.00%			$	1,185,941,638


For sector weighting information see pages 3-8.


Equity-Income Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 94.34%
Consumer Discretionary - 15.17%
Automobiles - 0.49%
Harley-Davidson, Inc. (L)		172,000	$	4,232,920


The accompanying notes are an integral part of the financial statements.	66

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Equity-Income Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Distributors - 0.46%
Genuine Parts Company	99,250	$	4,005,730
Diversified Consumer Services - 0.14%
H & R Block, Inc.	71,500		1,235,520
Hotels, Restaurants & Leisure - 0.93%
Marriott International, Inc., Class A (L)	206,441		5,596,616
MGM Mirage, Inc. (I)(L)	236,500		2,492,710

			8,089,326
Household Durables - 2.81%
D.R. Horton, Inc. (L)	148,900		1,840,404
Fortune Brands, Inc.	267,100		11,706,993
Harman International Industries, Inc. (L)	34,200		1,475,388
Whirlpool Corp. (L)	111,800		9,409,088

			24,431,873
Leisure Equipment & Products - 0.86%
Mattel, Inc.	338,500		7,443,615
Media - 5.61%
Cablevision Systems Corp., Class A	242,500		5,839,400
Comcast Corp., Class A	164,400		2,702,736
Madison Square Garden, Inc.	60,625		1,182,188
The McGraw-Hill Companies, Inc.	291,500		9,969,300
The New York Times Company (I)(L)	350,500		3,834,470
The Walt Disney Company (L)	329,300		10,287,332
Time Warner, Inc.	421,966		12,253,893
WPP PLC, SADR	303,823		2,785,559

			48,854,878
Multiline Retail - 0.38%
Macy’s, Inc.	173,700		3,326,355
Specialty Retail - 3.49%
Bed Bath & Beyond, Inc.	247,000		10,277,670
Home Depot, Inc.	495,600		15,462,720
Tiffany & Company (L)	105,500		4,683,145

			30,423,535

			132,043,752
Consumer Staples - 3.76%
Food & Staples Retailing - 0.37%
Wal-Mart Stores, Inc.	60,300		3,260,421
Food Products - 2.67%
Kraft Foods, Inc., Class A	222,400		6,322,832
McCormick & Company, Inc.	99,200		3,681,312
The Hershey Company (L)	331,900		13,196,344

			23,200,488
Household Products - 0.72%
Kimberly-Clark Corp.	103,200		6,268,368

			32,729,277
Energy - 13.15%
Energy Equipment & Services - 1.47%
BJ Services Company	124,000		2,709,400
Schlumberger, Ltd.	164,800		10,069,280

			12,778,680
Oil, Gas & Consumable Fuels - 11.68%
Anadarko Petroleum Corp.	148,800		10,435,344
BP PLC (L)	190,192		10,120,116
Chevron Corp.	294,960		21,325,608
ConocoPhillips	84,100		4,036,800
Exxon Mobil Corp.	299,724		19,482,060
Murphy Oil Corp.	197,400		10,245,060
Royal Dutch Shell PLC, ADR	287,200		15,721,328


Equity-Income Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Spectra Energy Corp.	191,000	$	4,163,800
Sunoco, Inc.	157,000		4,140,090
The Williams Companies, Inc.	92,200		1,985,988

			101,656,194

			114,434,874
Financials - 20.58%
Commercial Banks - 5.34%
Allied Irish Banks PLC	204,102		276,825
KeyCorp	517,900		3,702,985
Marshall & Ilsley Corp.	245,200		1,736,016
Regions Financial Corp.	437,800		2,955,150
SunTrust Banks, Inc. (L)	272,700		6,492,987
U.S. Bancorp (L)	582,400		14,332,864
Wells Fargo & Company	621,800		17,000,012

			46,496,839
Consumer Finance - 3.36%
American Express Company	474,500		18,121,155
Capital One Financial Corp.	153,400		5,790,850
SLM Corp.	475,800		5,319,444

			29,231,449
Diversified Financial Services - 8.14%
Bank of America Corp.	1,265,022		21,075,267
JPMorgan Chase & Company	706,614		29,656,590
Legg Mason, Inc. (L)	257,600		6,658,960
NYSE Euronext	177,400		4,679,812
The Bank of New York Mellon Corp.	307,100		8,758,492

			70,829,121
Insurance - 3.74%
Chubb Corp.	74,400		3,754,224
Lincoln National Corp.	261,398		6,582,002
Marsh & McLennan Companies, Inc.	403,800		9,376,236
Sun Life Financial, Inc.	206,800		5,893,800
The Progressive Corp.	210,700		3,613,505
The Travelers Companies, Inc.	63,549		3,342,042

			32,561,809

			179,119,218
Health Care - 4.83%
Biotechnology - 0.59%
Amgen, Inc.	91,700		5,191,137
Pharmaceuticals - 4.24%
Bristol-Myers Squibb Company (L)	297,500		7,291,725
Eli Lilly & Company	216,000		7,417,440
Johnson & Johnson	128,900		8,120,700
Merck & Company, Inc.	277,800		10,245,264
Pfizer, Inc.	217,788		3,822,179

			36,897,308

			42,088,445
Industrials - 13.44%
Aerospace & Defense - 2.95%
Boeing Company	155,600		9,827,696
Honeywell International, Inc.	222,900		8,951,664
ITT Corp.	25,000		1,280,750
Lockheed Martin Corp.	71,900		5,590,944

			25,651,054
Air Freight & Logistics - 1.04%
United Parcel Service, Inc., Class B (L)	153,900		9,040,086


The accompanying notes are an integral part of the financial statements.	67

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Equity-Income Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Airlines - 0.24%
Southwest Airlines Company	167,700	$	2,109,666
Building Products - 0.88%
Masco Corp.	424,600		5,676,902
USG Corp. (I)(L)	148,800		2,005,824

			7,682,726
Commercial Services & Supplies - 0.59%
Avery Dennison Corp.	161,200		5,093,920
Electrical Equipment - 0.67%
Cooper Industries PLC	129,000		5,851,440
Industrial Conglomerates - 4.17%
3M Company	187,300		15,012,095
General Electric Company	1,326,300		21,300,378

			36,312,473
Machinery - 2.90%
Deere & Company	163,400		9,362,820
Eaton Corp.	49,600		3,378,752
Illinois Tool Works, Inc.	237,100		10,792,792
Pall Corp.	44,300		1,748,521

			25,282,885

			117,024,250
Information Technology - 6.01%
Communications Equipment - 0.44%
Cisco Systems, Inc. (I)	157,800		3,839,274
Computers & Peripherals - 0.49%
Dell, Inc. (I)	322,200		4,262,706
Internet Software & Services - 0.58%
eBay, Inc. (I)	221,000		5,087,420
IT Services - 0.91%
Computer Sciences Corp. (I)	152,100		7,877,259
Semiconductors & Semiconductor Equipment - 1.77%
Analog Devices, Inc.	262,300		7,669,652
Applied Materials, Inc.	221,200		2,707,488
Intel Corp.	246,800		5,066,804

			15,443,944
Software - 1.82%
Electronic Arts, Inc. (I)(L)	189,600		3,143,568
Microsoft Corp.	442,300		12,676,318

			15,819,886

			52,330,489
Materials - 5.87%
Chemicals - 1.74%
E.I. Du Pont de Nemours & Company	232,000		7,823,040
International Flavors & Fragrances, Inc.	173,600		7,310,296

			15,133,336
Construction Materials - 0.72%
Vulcan Materials Company (L)	145,300		6,307,473
Metals & Mining - 1.36%
Alcoa, Inc.	243,700		3,241,210
Nucor Corp.	207,400		8,586,360

			11,827,570
Paper & Forest Products - 2.05%
International Paper Company	440,825		10,213,915
MeadWestvaco Corp.	202,600		4,647,644


Equity-Income Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Paper & Forest Products (continued)
Weyerhaeuser Company		73,700	$	2,977,480

				17,839,039

				51,107,418
Telecommunication Services - 3.98%
Diversified Telecommunication Services - 3.38%
AT&T, Inc.		657,473		16,311,905
Qwest Communications International, Inc. (L)		1,239,800		5,653,488
Verizon Communications, Inc.		259,052		7,494,374

				29,459,767
Wireless Telecommunication Services - 0.60%
Sprint Nextel Corp. (I)		560,600		1,866,798
Vodafone Group PLC		1,540,083		3,322,437

				5,189,235

				34,649,002
Utilities - 7.55%
Electric Utilities - 4.29%
Duke Energy Corp.		347,100		5,675,085
Entergy Corp.		84,400		6,411,868
Exelon Corp.		181,500		7,858,950
FirstEnergy Corp.		74,375		2,874,594
Pinnacle West Capital Corp.		124,000		4,514,840
PPL Corp.		126,100		3,591,328
Progress Energy, Inc.		167,200		6,402,088

				37,328,753
Independent Power Producers & Energy Traders - 0.72%
Constellation Energy Group, Inc.		122,800		4,306,596
NRG Energy, Inc. (I)		88,200		1,926,288

				6,232,884
Multi-Utilities - 2.54%
CenterPoint Energy, Inc.		117,900		1,577,502
NiSource, Inc.		475,600		7,143,512
PG&E Corp. (L)		124,000		5,198,080
TECO Energy, Inc. (L)		118,900		1,822,737
Xcel Energy, Inc.		307,900		6,407,398

				22,149,229

				65,710,866

TOTAL COMMON STOCKS (Cost $810,371,986)			$	821,237,591


CONVERTIBLE BONDS - 0.16%
Consumer Discretionary - 0.16%
Automobiles - 0.16%
Ford Motor Company
4.250%, 12/15/2036		978,000		1,380,203

TOTAL CONVERTIBLE BONDS (Cost $330,143)		$		1,380,203


SHORT-TERM INVESTMENTS - 14.70%
*Short-Term Securities - 4.64%**
State Street Institutional US Government
Money Market Fund, 0.03489%	$	1,015,266		1,015,266
T. Rowe Price Reserve Investment
Fund, 0.25404%		39,418,460		39,418,460

				40,433,726


The accompanying notes are an integral part of the financial statements.	68

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Equity-Income Fund (continued)
		Shares or
		Principal
		Amount		Value

SHORT-TERM INVESTMENTS (continued)
Securities Lending Collateral - 10.06%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*	$	8,747,501	$	87,563,364

TOTAL SHORT-TERM INVESTMENTS (Cost $127,996,641)			$	127,997,090

Total Investments (Equity-Income Fund)
(Cost $938,698,770) - 109.20%			$	950,614,884
Other assets and liabilities, net - (9.20%)				(80,107,418)

TOTAL NET ASSETS - 100.00%			$	870,507,466



Fundamental Value Fund
		Shares or
		Principal
		Amount		Value

COMMON STOCKS - 95.33%
Consumer Discretionary - 6.62%
Automobiles - 1.07%
Harley-Davidson, Inc. (L)		678,122	$	16,688,583
Diversified Consumer Services - 0.23%
H & R Block, Inc.		212,173		3,666,349
Household Durables - 0.18%
Hunter Douglas NV (L)		61,093		2,766,282
Internet & Catalog Retail - 0.57%
Amazon.com, Inc. (I)		40,453		4,789,635
Liberty Media Corp. - Interactive A (I)		322,266		4,057,329

				8,846,964
Media - 2.54%
Grupo Televisa SA, SADR		351,209		6,483,318
Liberty Media-Starz, Series A (I)		25,784		1,313,179
News Corp., Class A		1,367,960		18,289,625
The Walt Disney Company		431,630		13,484,121

				39,570,243
Specialty Retail - 2.03%
Bed Bath & Beyond, Inc. (I)		518,623		21,579,903
CarMax, Inc. (I)(L)		497,471		10,043,939

				31,623,842

				103,162,263
Consumer Staples - 14.03%
Beverages - 3.04%
Diageo PLC, SADR (L)		301,148		19,658,941
Heineken Holding NV		431,158		17,590,710
The Coca-Cola Company		193,400		10,196,048

				47,445,699
Food & Staples Retailing - 7.47%
Costco Wholesale Corp.		1,125,333		68,611,553
CVS Caremark Corp.		1,418,738		47,882,408

				116,493,961
Food Products - 0.54%
The Hershey Company		101,499		4,035,600
Unilever Nvunilever N V - NY Shares		147,200		4,429,248

				8,464,848
Household Products - 1.59%
The Procter & Gamble Company		391,736		24,789,054
Personal Products - 0.46%
Mead Johnson Nutrition Company		114,810		5,430,513


Fundamental Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Personal Products (continued)
Natura Cosmeticos SA	95,800	$	1,765,288

			7,195,801
Tobacco - 0.93%
Philip Morris International, Inc.	294,640		14,431,467

			218,820,830
Energy - 15.71%
Energy Equipment & Services - 0.82%
Transocean, Ltd. (I)	160,643		12,822,524
Oil, Gas & Consumable Fuels - 14.89%
Canadian Natural Resources, Ltd.	497,033		33,713,748
China Coal Energy Company, Series H	7,092,652		11,283,401
ConocoPhillips	17,742		851,616
Devon Energy Corp.	716,204		49,317,807
EOG Resources, Inc.	595,951		56,049,192
Occidental Petroleum Corp.	919,745		73,441,638
OGX Petroleo e Gas Participacoes SA (I)	860,000		7,495,227

			232,152,629

			244,975,153
Financials - 29.58%
Commercial Banks - 4.48%
Wells Fargo & Company (L)	2,553,741		69,819,279
Consumer Finance - 3.96%
American Express Company	1,619,040		61,831,138
Diversified Financial Services - 8.38%
Ameriprise Financial, Inc.	309,587		12,392,768
GAM Holding, Ltd.	667,872		7,285,735
JPMorgan Chase & Company	748,143		31,399,562
Julius Baer Group, Ltd.	667,872		20,809,235
Moody’s Corp. (L)	449,037		11,953,365
The Bank of New York Mellon Corp.	1,325,195		37,794,561
The Goldman Sachs Group, Inc.	57,260		8,952,601

			130,587,827
Insurance - 11.66%
Berkshire Hathaway, Inc. Class A (I)	688		82,422,400
Fairfax Financial Holdings, Ltd.	15,400		5,314,749
Fairfax Financial Holdings, Ltd.,
Canadian Exchange	7,640		2,622,084
Loews Corp.	1,158,214		42,228,482
Markel Corp. (I)	4,035		1,423,346
The Progressive Corp.	1,962,973		33,664,987
Transatlantic Holdings, Inc.	284,921		14,160,574

			181,836,622
Real Estate Management & Development - 1.10%
Brookfield Asset Management, Inc.	331,110		7,837,374
Hang Lung Group, Ltd.	1,859,509		9,298,567

			17,135,941

			461,210,807
Health Care - 10.41%
Health Care Equipment & Supplies - 1.17%
Becton, Dickinson & Company	186,255		14,503,677
CareFusion Corp. (I)(L)	149,769		3,780,170

			18,283,847
Health Care Providers & Services - 2.26%
Cardinal Health, Inc.	180,439		6,129,513
Express Scripts, Inc. (I)	238,040		22,854,220
Laboratory Corp. of America Holdings (I)	85,800		6,289,998

			35,273,731


The accompanying notes are an integral part of the financial statements.	69

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Fundamental Value Fund (continued)
	Shares or
	Principal
	Amount		Value

COMMON STOCKS (continued)
Pharmaceuticals - 6.98%
Johnson & Johnson	549,780	$	34,636,140
Merck & Company, Inc.	1,199,358		44,232,323
Pfizer, Inc.	1,701,100		29,854,305

			108,722,768

			162,280,346
Industrials - 5.60%
Air Freight & Logistics - 0.18%
United Parcel Service, Inc., Class B	48,241		2,833,676
Commercial Services & Supplies - 1.72%
Iron Mountain, Inc. (I)	1,036,804		26,832,488
Electrical Equipment - 0.47%
ABB, Ltd., SADR (I)	358,490		7,263,007
Industrial Conglomerates - 0.81%
Tyco International, Ltd.	351,767		12,684,718
Machinery - 0.17%
PACCAR, Inc.	75,140		2,656,199
Marine - 0.87%
China Shipping Development Company, Ltd.	3,071,063		5,223,056
Kuehne & Nagel International AG	92,200		8,363,161

			13,586,217
Professional Services - 0.12%
Dun & Bradstreet Corp.	25,405		1,782,415
Transportation Infrastructure - 1.26%
China Merchants Holdings
International Company, Ltd.	4,143,383		14,900,902
COSCO Pacific, Ltd.	2,412,217		3,744,002
LLX Logistica SA (I)	190,800		1,007,239

			19,652,143

			87,290,863
Information Technology - 7.87%
Computers & Peripherals - 1.60%
Hewlett-Packard Company	489,640		24,868,816
Electronic Equipment, Instruments & Components - 1.26%
Agilent Technologies, Inc. (I)	626,340		19,704,656
Internet Software & Services - 0.81%
Google, Inc., Class A (I)	24,066		12,677,969
IT Services - 0.29%
Visa, Inc., Class A (L)	53,170		4,534,338
Semiconductors & Semiconductor Equipment - 1.49%
Texas Instruments, Inc.	954,513		23,271,027
Software - 2.42%
Activision Blizzard, Inc. (I)	667,500		7,095,525
Microsoft Corp.	1,068,281		30,616,933

			37,712,458

			122,769,264
Materials - 5.51%
Chemicals - 0.68%
Monsanto Company	96,320		6,805,008
Potash Corp. of Saskatchewan, Inc.	34,682		3,830,974

			10,635,982
Construction Materials - 0.92%
Martin Marietta Materials, Inc. (L)	80,838		6,403,986
Vulcan Materials Company (L)	182,231		7,910,648

			14,314,634


Fundamental Value Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Containers & Packaging - 1.92%
Sealed Air Corp.		1,466,196	$	29,954,384
Metals & Mining - 0.95%
BHP Billiton PLC		250,672		7,720,679
Rio Tinto PLC		136,161		7,049,684

				14,770,363
Paper & Forest Products - 1.04%
Sino-Forest Corp. (I)		805,940		15,679,141
Sino-Forest Corp.		26,600		517,489

				16,196,630

				85,871,993

TOTAL COMMON STOCKS (Cost $1,335,759,660)			$	1,486,381,519

CORPORATE BONDS - 0.94%
Consumer Discretionary - 0.58%
Automobiles - 0.58%
Harley-Davidson, Inc.
15.000%, 02/01/2014		7,000,000		8,985,753
Materials - 0.36%
Containers & Packaging - 0.36%
Sealed Air Corp.
12.000%, 02/14/2014		5,000,000		5,691,800

TOTAL CORPORATE BONDS (Cost $12,000,000)			$	14,677,553

CONVERTIBLE BONDS - 0.18%
Materials - 0.18%
Paper & Forest Products - 0.18%
Sino-Forest Corp.
5.000%, 08/01/2013 (S)		2,257,900		2,751,816

TOTAL CONVERTIBLE BONDS (Cost $2,243,238)			$	2,751,816

SHORT-TERM INVESTMENTS - 8.14%
*Short-Term Securities - 3.52%**
Societe Generale North America,
0.160%, 03/01/2010	$	2,713,000		2,713,000
Three Pillars Funding, 0.220%, 03/01/2010		42,095,000		42,095,000
Toyota Motor Credit, 0.170%, 03/05/2010		10,000,000		9,999,811

				54,807,811
Securities Lending Collateral - 4.62%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		7,201,861		72,091,344

TOTAL SHORT-TERM INVESTMENTS (Cost $126,872,833)			$	126,899,155

Total Investments (Fundamental Value Fund)
(Cost $1,476,875,731) - 104.59%			$	1,630,710,043
Other assets and liabilities, net - (4.59%)				(71,614,010)

TOTAL NET ASSETS - 100.00%			$	1,559,096,033



Global Agribusiness Fund
		Shares or
		Principal
		Amount		Value

COMMON STOCKS - 97.41%
Australia - 1.05%
Metcash, Ltd.		7,000	$	25,818


The accompanying notes are an integral part of the financial statements.	70

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Agribusiness Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Canada - 22.01%
AG Growth International, Inc.	1,000	$	34,889
Agrium, Inc.	1,700		110,075
Alliance Grain Traders, Inc.	400		13,115
GLG Life Tech Corp. (I)	750		6,023
MagIndustries Corp. (I)	29,500		11,495
Potash Corp. of Saskatchewan, Inc.	2,100		231,967
Potash One, Inc. (I)	3,600		10,572
Saputo, Inc.	1,400		39,983
Viterra, Inc. (I)	9,200		84,988

			543,107
Germany - 1.19%
K&S AG	100		6,073
Suedzucker AG	1,000		23,215

			29,288
Italy - 0.41%
Parmalat SpA	4,000		10,090
Japan - 0.49%
Komatsu, Ltd.	600		12,034
Malaysia - 0.48%
PPB Group BHD	2,500		11,896
Norway - 3.03%
Yara International ASA, ADR	1,800		74,700
Singapore - 10.46%
Golden Agri-Resources, Ltd. (I)	146,250		55,113
Indofood Agri Resources, Ltd. (I)	8,000		12,115
Olam International, Ltd.	22,000		38,133
Wilmar International, Ltd.	33,000		152,834

			258,195
Switzerland - 16.65%
Nestle SA	1,500		74,629
Nestle SA , SADR	2,900		144,246
Syngenta AG, ADR	3,700		192,067

			410,942
United Kingdom - 4.41%
Unilever PLC, SADR	3,700		108,928
United States - 37.23%
Archer-Daniels-Midland Company	6,700		196,712
Bunge, Ltd.	1,800		107,262
CF Industries Holdings, Inc.	200		21,248
ConAgra Foods, Inc.	1,000		24,460
Deere & Company	300		17,190
General Mills, Inc.	1,200		86,412
J.M. Smucker Company	1,000		59,680
Kellogg Company	200		10,430
Kraft Foods, Inc., Class A	1,100		31,273
Monsanto Company	2,700		190,755
Terra Industries, Inc.	1,700		69,989
The Mosaic Company	1,770		103,350

			918,761

TOTAL COMMON STOCKS (Cost $1,989,612)		$	2,403,759


Global Agribusiness Fund (continued)
		Shares or
		Principal
		Amount		Value


WARRANTS - 0.03%
Singapore - 0.03%
Golden Agri-Resources, Ltd. (Expiration Date:
07/23/2012, Strike Price: SGD 0.54) (I)		8,500	$	726

TOTAL WARRANTS (Cost $0)			$	726

Total Investments (Global Agribusiness Fund)
(Cost $1,989,612) - 97.44%			$	2,404,485
Other assets and liabilities, net - 2.56%				63,219

TOTAL NET ASSETS - 100.00%			$	2,467,704


For sector weighting information see pages 3-8.


Global Bond Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 2.15%
U.S. Treasury Bonds - 0.99%
4.500%, 08/15/2039	$	100,000	$	99,547
4.625%, 02/15/2040 (F)		4,600,000		4,671,875
6.875%, 08/15/2025		2,000,000		2,600,624

				7,372,046
U.S. Treasury Notes - 0.49%
1.000%, 07/31/2011 to 10/31/2011 (F)		3,056,000		3,076,013
1.125%, 06/30/2011 (F)		572,000		577,206

				3,653,219
Federal Home Loan Mortgage Corp. - 0.08%
0.109%, 02/01/2011 (F)(P)		279,000		278,928
0.327%, 03/09/2011 (F)(P)		286,000		286,407

				565,335
Federal National Mortgage Association - 0.59%
1.681%, 11/01/2042 to 10/01/2044 (P)		3,229,092		3,200,322
2.406%, 11/01/2035 (P)		588,370		593,396
5.134%, 09/01/2035 (P)		304,199		320,740
5.170%, 07/01/2035 (P)		289,693		305,445

				4,419,903

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $14,855,282)			$	16,010,503


FOREIGN GOVERNMENT
OBLIGATIONS - 43.58%
Australia - 0.25%
Government of Australia
6.250%, 06/15/2014	AUD	2,000,000		1,875,855

				1,875,855
Canada - 3.16%
Canada Housing Trust No. 1
4.050%, 03/15/2011 (S)	CAD	6,900,000		6,786,749
4.600%, 09/15/2011 (S)		2,700,000		2,704,824
Government of Canada
2.000%, 12/01/2014		2,300,000		2,139,992
3.500%, 06/01/2020		1,900,000		1,802,905
4.000%, 06/01/2016		1,400,000		1,418,348
4.250%, 06/01/2018		3,400,000		3,470,572
Province of Ontario
4.100%, 06/16/2014	$	200,000		212,580
4.700%, 06/02/2037	CAD	1,300,000		1,241,622
6.200%, 06/02/2031		100,000		114,157


The accompanying notes are an integral part of the financial statements.	71

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Canada (continued)
Province of Quebec
5.000%, 12/01/2038	$	3,700,000	$	3,643,561

				23,535,310
France - 7.94%
Government of France
3.000%, 01/12/2011	EUR	13,100,000		18,219,673
3.750%, 01/12/2013 to 10/25/2019		10,100,000		14,242,505
4.000%, 10/25/2013 to 04/25/2018		10,900,000		15,947,653
4.250%, 10/25/2018 to 10/25/2023		7,000,000		10,254,291
4.750%, 10/25/2012		400,000		593,353

				59,257,475
Germany - 20.49%
Federal Republic of Germany
1.250%, 03/11/2011		14,500,000		19,886,282
3.250%, 01/04/2020		4,400,000		6,063,156
3.500%, 07/04/2019		1,900,000		2,678,125
3.750%, 01/04/2019		8,700,000		12,518,519
4.000%, 01/04/2037		3,800,000		5,270,667
4.250%, 10/12/2012 to 07/04/2039		32,300,000		47,782,598
4.750%, 07/04/2034 to 07/04/2040		8,600,000		13,302,029
5.000%, 07/04/2011		2,600,000		3,743,043
5.250%, 01/04/2011		14,800,000		20,957,512
5.500%, 01/04/2031		7,100,000		11,856,004
6.250%, 01/04/2030		4,900,000		8,853,925

				152,911,860
Japan - 8.28%
Government of Japan
0.200%, 02/15/2012	JPY	1,950,000,000		21,966,159
0.700%, 09/20/2014		1,610,000,000		18,312,085
1.300%, 03/20/2018		530,000,000		6,106,522
1.500%, 12/20/2017		250,000,000		2,929,594
2.400%, 03/20/2034		60,000,000		695,889
2.500%, 03/20/2036 to 06/20/2036		1,000,000,000		11,772,399

				61,782,648
Netherlands - 2.36%
Kingdom of Netherlands
4.000%, 07/15/2018 to 07/15/2019	EUR	9,700,000		14,010,117
4.500%, 07/15/2017		2,400,000		3,606,521

				17,616,638
United Kingdom - 1.10%
Government of United Kingdom
4.250%, 06/07/2032 to 03/07/2036	GBP	3,000,000		4,336,225
4.500%, 12/07/2042		500,000		756,491
4.750%, 12/07/2038		2,000,000		3,138,190

				8,230,906

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $330,758,249)			$	325,210,692


CORPORATE BONDS - 33.95%
Australia - 6.53%
Bank of Queensland, Ltd.
4.873%, 10/22/2012 (P)	AUD	2,500,000		2,256,614
Bank of Scotland PLC, MTN
4.930%, 07/24/2012 (P)		2,900,000		2,613,429
Citigroup Pty, Ltd.
4.788%, 06/18/2012 (P)		5,500,000		4,945,742
5.500%, 06/18/2012		2,000,000		1,800,362
Commonwealth Bank of Australia
0.533%, 09/17/2014 (P)	$	4,200,000		4,186,925
0.636%, 12/10/2012 (P)		3,000,000		2,983,617


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Australia (continued)
Commonwealth Bank of Australia (continued)
0.671%, 07/12/2013 (P)	$	5,400,000	$	5,383,627
2.500%, 12/10/2012 (S)		3,400,000		3,479,784
4.500%, 02/20/2014	AUD	2,500,000		2,158,792
Macquarie Bank, Ltd.
3.300%, 07/17/2014 (S)	$	5,200,000		5,329,262
National Australia Bank, Ltd.
3.375%, 07/08/2014 (S)		3,400,000		3,483,198
Suncorp-Metway, Ltd., Series TD
4.535%, 09/11/2013	AUD	6,100,000		5,472,249
Westpac Banking Corp.
2.700%, 12/09/2014 (S)	$	1,200,000		1,192,373
2.900%, 09/10/2014 (S)		3,400,000		3,436,982

				48,722,956
Canada - 1.14%
Canadian Imperial Bank of Commerce
5.250%, 09/16/2010	EUR	3,000,000		4,169,897
Citigroup Finance Canada, Inc., MTN
5.500%, 05/21/2013	CAD	300,000		294,352
Falconbridge, Ltd.
7.350%, 06/05/2012	$	3,000,000		3,312,408
Rio Tinto Alcan, Inc.
6.450%, 03/15/2011		700,000		731,643

				8,508,300
Cayman Islands - 0.91%
Foundation Re II, Ltd.
7.000%, 11/26/2010 (P)(S)		400,000		397,746
Mizuho Financial Group, Ltd.
8.375%, 01/29/2049		2,500,000		2,503,125
MUFG Capital Finance 5, Ltd., (6.299% to
01/25/2017, then 6 month
LIBOR +206 bps)
maturing at 12/31/2049	GBP	1,513,000		1,943,781
Residential Reinsurance
2007, Ltd., Series CL4
6.252%, 06/07/2010 (P)(S)	$	1,900,000		1,915,390

				6,760,042
Denmark - 0.14%
Nykredit Realkredit A/S
4.000%, 01/01/2011	DKK	500,000		93,249
Realkredit Danmark A/S
2.000%, 01/01/2011		5,000,000		918,929

				1,012,178
France - 6.10%
BNP Paribas Covered Bonds SA, EMTN
4.750%, 05/28/2013	EUR	1,700,000		2,507,883
BNP Paribas Home Loan Covered Bonds
SA, EMTN
3.000%, 07/23/2013		2,100,000		2,937,943
Compagnie de Financement Foncier
4.500%, 01/09/2013		2,600,000		3,789,201
Credit Agricole SA
8.375%, (P)(S)	$	6,400,000		6,728,000
Dexia Credit Local
0.501%, 01/12/2012 (P)(S)		3,300,000		3,298,703
2.375%, 09/23/2011 (S)		2,800,000		2,870,165
2.625%, 01/21/2014	EUR	2,500,000		3,431,171
Lafarge SA
6.500%, 07/15/2016	$	2,000,000		2,155,732
Societe Financement de
l’Economie Francaise
2.250%, 06/11/2012 (S)		5,500,000		5,619,554


The accompanying notes are an integral part of the financial statements.	72

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
France (continued)
Societe Financement de l’Economie
Francaise (continued)
3.375%, 05/05/2014 (S)	$	2,300,000	$	2,395,634
Societe Financement de l’Economie
Francaise, EMTN
2.125%, 05/20/2012	EUR	200,000		277,834
Societe Generale
5.922%, 04/29/2049 (P)(S)	$	500,000		426,031
Societe Generale Societe de Credit
Fonciere, EMTN
4.000%, 07/07/2016	EUR	2,000,000		2,857,949
Valeo SA, EMTN
3.750%, 06/24/2013		1,200,000		1,580,206
Vivendi SA
5.750%, 04/04/2013 (S)	$	4,300,000		4,649,775

				45,525,781
Germany - 1.12%
Kreditanstalt fuer Wiederaufbau
4.000%, 01/27/2020		4,000,000		4,011,896
4.875%, 06/17/2019		600,000		647,954
Kreditanstalt Fuer Wiederaufbau, MTN
5.500%, 06/05/2014	AUD	4,200,000		3,724,297

				8,384,147
Netherlands - 2.63%
Achmea Hypotheekbank NV
0.599%, 11/03/2014 (P)(S)	$	2,300,000		2,296,939
Fortis Bank Nederland Holding
NV, EMTN
3.375%, 05/19/2014	EUR	2,400,000		3,384,274
ING Bank NV, EMTN
3.375%, 03/03/2014		1,800,000		2,541,671
LeasePlan Corp NV, EMTN
3.250%, 05/22/2014		1,100,000		1,548,052
NIBC Bank NV
3.500%, 04/07/2014		4,000,000		5,673,038
Rabobank Nederland NV, (11.000% to
06/30/2019, then 3 month LIBOR
+ 1086.75 bps)
maturing at 06/30/2019 (S)	$	3,275,000		4,149,523

				19,593,497
New Zealand - 0.41%
Westpac Securities NZ, Ltd.
3.450%, 07/28/2014 (S)		3,000,000		3,099,948

				3,099,948
Norway - 0.82%
DnB NOR Boligkreditt, EMTN
4.500%, 05/16/2011	EUR	1,700,000		2,399,261
Kommunalbanken AS
2.000%, 01/14/2013	$	3,700,000		3,725,689

				6,124,950
South Korea - 0.21%
Export-Import Bank of Korea, EMTN
5.750%, 05/22/2013	EUR	1,100,000		1,598,513

				1,598,513
United Kingdom - 2.85%
Barclays Bank PLC
10.179%, 06/12/2021 (S)	$	800,000		1,025,784
HBOS PLC, EMTN
0.958%, 09/01/2016 (P)	EUR	3,200,000		3,559,445
Lloyds TSB Bank PLC
1.251%, 04/02/2012 (P)(S)	$	1,900,000		1,929,473


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
United Kingdom (continued)
Lloyds TSB Bank PLC (continued)
12.000%, 12/31/2049 (P)(S)	$	2,600,000	$	2,779,855
Pearson Dollar Finance Two PLC
6.250%, 05/06/2018 (S)		1,000,000		1,076,492
Royal Bank of Scotland PLC
2.625%, 05/11/2012 (S)		2,400,000		2,454,974
Royal Bank of Scotland PLC, EMTN
2.650%, 04/23/2012		7,800,000		7,997,293
XL Capital Finance PLC
6.500%, 01/15/2012		400,000		423,524

				21,246,840
United States - 11.09%
Altria Group, Inc.
9.250%, 08/06/2019		2,000,000		2,477,310
American Electric Power Company, Inc.
5.250%, 06/01/2015		2,000,000		2,137,286
American General Finance Corp.
6.900%, 12/15/2017		2,000,000		1,434,502
American International Group, Inc.
4.875%, 03/15/2067	EUR	500,000		347,221
8.250%, 08/15/2018 (P)	$	1,800,000		1,651,759
American International Group,
Inc., Series 1
0.361%, 10/18/2011 (P)		200,000		183,452
American International Group,
Inc., Series REGS
8.000%, 05/22/2038	EUR	1,150,000		1,017,834
American International Group,
Inc., Series WI
8.175%, 05/15/2058 (P)	$	2,600,000		1,755,000
Autozone, Inc.
5.875%, 10/15/2012		500,000		544,263
BA Covered Bond Issuer
4.125%, 04/05/2012	EUR	4,800,000		6,736,044
BAE Systems Holdings, Inc.
6.400%, 12/15/2011 (S)	$	700,000		753,626
Bank of America Corp., EMTN
4.625%, 02/07/2017	EUR	1,500,000		1,914,145
Bear Stearns Companies LLC
7.250%, 02/01/2018	$	4,400,000		5,103,732
Boston Scientific Corp.
6.000%, 06/15/2011		700,000		732,579
Capital One Financial Corp., MTN
5.700%, 09/15/2011		600,000		630,699
CBS Corp.
8.875%, 05/15/2019		1,800,000		2,137,662
Citigroup, Inc.
1.939%, 03/05/2014 (P)	EUR	5,900,000		7,438,597
2.239%, 02/09/2016 (P)		2,500,000		3,050,971
6.000%, 08/15/2017	$	2,800,000		2,820,308
6.125%, 11/21/2017		3,400,000		3,439,253
CNA Financial Corp.
6.000%, 08/15/2011		1,000,000		1,050,202
D.R. Horton, Inc.
5.250%, 02/15/2015		1,800,000		1,710,000
6.000%, 04/15/2011		800,000		816,000
DaimlerChrysler NA Holding Corp.
5.750%, 09/08/2011		300,000		317,907
HSBC Finance Corp.
0.604%, 09/14/2012 (P)		1,700,000		1,660,023
5.250%, 01/15/2014		400,000		424,181
Intuit, Inc.
5.750%, 03/15/2017		2,000,000		2,128,802


The accompanying notes are an integral part of the financial statements.	73

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
United States (continued)
Jones Apparel Group, Inc.
5.125%, 11/15/2014	$	600,000	$	585,000
JPMorgan Chase & Company, MTN
6.000%, 01/15/2018		1,500,000		1,624,598
Lehman Brothers Holdings, Inc.
5.625%, 01/24/2013 (H)		3,600,000		823,500
6.875%, 05/02/2018 (H)		4,200,000		966,000
Loews Corp.
5.250%, 03/15/2016		200,000		210,448
Masco Corp.
6.125%, 10/03/2016		700,000		670,762
McKesson Corp.
5.700%, 03/01/2017		600,000		647,470
Merrill Lynch & Company, Inc.
2.148%, 05/30/2014 (P)	EUR	600,000		758,242
Morgan Stanley
0.701%, 10/18/2016 (P)	$	600,000		546,602
0.988%, 03/01/2013 (P)	EUR	1,100,000		1,426,047
1.089%, 04/13/2016 (P)		200,000		245,220
Motorola, Inc.
6.000%, 11/15/2017	$	700,000		726,421
Nabors Industries, Inc.
6.150%, 02/15/2018		2,000,000		2,119,160
Nationwide Health Properties, Inc.
6.500%, 07/15/2011		600,000		623,366
Norfolk Southern Corp.
5.257%, 09/17/2014		2,000,000		2,171,514
RBS Capital Trust I
4.709%, 12/29/2049 (P)		900,000		504,000
Regions Financial Corp.
7.750%, 11/10/2014		1,000,000		1,028,795
Sabre Holdings Corp.
7.350%, 08/01/2011		700,000		708,750
Sara Lee Corp.
6.250%, 09/15/2011		500,000		533,822
Sealed Air Corp.
5.625%, 07/15/2013 (S)		700,000		744,748
Simon Property Group LP
6.100%, 05/01/2016		1,000,000		1,071,918
SLM Corp.
0.454%, 03/15/2011 (P)		1,300,000		1,251,355
Southwest Airlines Company
5.125%, 03/01/2017		500,000		491,629
Sprint Capital Corp.
8.750%, 03/15/2032		200,000		176,500
Sprint Nextel Corp.
6.000%, 12/01/2016		1,000,000		865,000
State Street Capital Trust IV
0.00%, 06/15/2037 (N)		1,800,000		1,250,102
Tate & Lyle International Finance PLC
5.000%, 11/15/2014 (S)		300,000		310,212
US Bank National Association
4.375%, 02/28/2017	EUR	300,000		402,368
WM Covered Bond
Program, Series EMTN
3.875%, 09/27/2011		3,500,000		4,878,367

				82,775,274

TOTAL CORPORATE BONDS (Cost $249,793,594)			$	253,352,426


MUNICIPAL BONDS - 0.72%
California - 0.53%
Golden State Tobacco Securitization Corp.
5.000%, 06/01/2038		4,300,000		3,717,737


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


MUNICIPAL BONDS (continued)
California (continued)
Golden State Tobacco Securitization
Corp. (continued)
5.125%, 06/01/2047	$	300,000	$	200,709

				3,918,446
New York - 0.02%
New York City Municipal Water Finance
Authority, Series 1289
11.683%, 12/15/2013 (P)		130,000		131,026

				131,026
Ohio - 0.17%
Buckeye Tobacco Settlement
Financing Authority
5.875%, 06/01/2047		1,700,000		1,272,467

				1,272,467
Puerto Rico - 0.00%
Puerto Rico Sales Tax Financing Corp.
0.00%, 08/01/2054		500,000		28,360

				28,360

TOTAL MUNICIPAL BONDS (Cost $6,311,683)			$	5,350,299


COLLATERALIZED MORTGAGE
OBLIGATIONS - 11.78%
Australia - 1.56%
Crusade Global Trust
Series 2004-2, Class A2,
0.802%, 11/19/2037 (P)		829,041		1,096,151
Series 2005-2, Class A2,
4.310%, 08/14/2037 (P)		3,903,995		3,397,083
Puma Finance, Ltd.
Series 2006-G5, Class A1,
0.321%, 02/21/2038 (P)		1,149,820		1,106,458
Series 2005-P11, Class BA,
4.090%, 08/22/2037 (P)		346,819		302,980
Series 2004-P10, Class BA,
4.213%, 07/12/2036 (P)		399,608		352,282
Superannuation Members Home Loans
Global Fund, Series 2004-7, Class A1
0.397%, 03/09/2036 (P)	$	938,467		886,270
Swan
Series 2006-1E, Class A1,
0.330%, 05/12/2037 (P)		1,489,862		1,449,864
Series 2006-1E, Class A2,
4.350%, 05/12/2037 (P)		1,340,876		1,168,103
Torrens Trust, Series 2007-1, Class A
4.340%, 10/19/2038 (P)		2,161,373		1,885,663

				11,644,854
Ireland - 0.39%
German Residential Asset Note Distributor
PLC, Series 2006-1, Class A
0.917%, 07/20/2016 (P)	EUR	1,215,116		1,425,156
Immeo Residential Finance PLC,
Series 2007-2, Class A
0.874%, 12/15/2016 (P)		1,282,396		1,515,973

				2,941,129
Netherlands - 0.34%
Atomium Mortgage Finance BV,
Series 2003-I, Class A
0.628%, 07/01/2034 (P)		416,305		557,937
Delphinus BV, Series 2001-II, Class A1
0.949%, 11/28/2031 (P)		633,920		771,810


The accompanying notes are an integral part of the financial statements.	74

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Netherlands (continued)
Dutch Mortgage Portfolio Loans
BV, Class A
0.910%, 11/20/2035 (P)	$	918,006	$	1,217,789

				2,547,536
Spain - 0.07%
Bancaja Fondo de Titulizacion de Activos,
Series 2005-8, Class A
0.782%, 10/25/2037 (P)		438,664		521,403

				521,403
United Kingdom - 0.70%
First Flexible PLC, Series 7, Class A
0.726%, 09/15/2033 (P)	GBP	678,290		921,653
Newgate Funding PLC,
Series 2007-3x, Class A1
1.206%, 12/15/2050 (P)		1,970,317		2,849,951
RMAC Securities PLC,
Series 2006-NX1X, Class A2a
0.756%, 06/12/2044 (P)		1,185,012		1,466,880
United States - 8.72%
Adjustable Rate Mortgage Trust,
Series 2005-5, Class 2A1
5.049%, 09/25/2035 (P)	$	142,028		93,123
American Home Mortgage
Investment Trust
Series 2007-1, Class GA2,
0.469%, 05/25/2047 (P)		413,434		94,720
Series 2004-3, Class 5A,
2.486%, 10/25/2034 (P)		412,958		340,922
Banc of America Funding Corp.
Series 2006-A, Class 1A1,
4.485%, 02/20/2036 (P)		1,428,717		1,245,641
Series 2006-J, Class 4A1,
6.064%, 01/20/2047 (P)		212,790		151,302
BCAP LLC Trust,
Series 2006-AA2, Class A1
0.399%, 01/25/2037 (P)		2,356,570		1,195,953
Bear Stearns Adjustable Rate
Mortgage Trust
Series 2005-5, Class A1,
2.530%, 08/25/2035 (P)		22,133		21,364
Series 2005-5, Class A2,
2.560%, 08/25/2035 (P)		1,208,870		1,165,834
Series 2005-2, Class A1,
2.760%, 03/25/2035 (P)		2,021,872		1,892,136
Series 2005-2, Class A2,
2.934%, 03/25/2035 (P)		503,975		477,132
Series 2003-5, Class 1A2,
3.505%, 08/25/2033 (P)		92,660		87,153
Series 2003-9, Class 2A1,
3.537%, 02/25/2034 (P)		28,100		23,977
Series 2004-2, Class 22A,
3.809%, 05/25/2034 (P)		342,297		311,448
Series 2003-7, Class 6A,
4.601%, 10/25/2033 (P)		183,343		171,425
Series 2005-9, Class A1,
4.625%, 10/25/2035 (P)		2,569,474		2,187,864
Series 2004-2, Class 23A,
4.631%, 05/25/2034 (P)		165,549		151,037
Bear Stearns Adjustable Rate Mortgage
Trust, Series 2005-4, Class 3a1
5.362%, 08/25/2035 (P)		653,234		587,461


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
United States (continued)
Bear Stearns Alt-A Trust
Series 2006-8, Class 3A1,
0.389%, 02/25/2034 (P)	$	89,033	$	64,936
Series 2005-7, Class 22A1,
5.201%, 09/25/2035 (P)		1,876,066		1,391,242
Series 2005-9, Class 24A1,
5.456%, 11/25/2035		951,255		568,293
Series 2006-6, Class 32A1,
5.614%, 11/25/2036 (P)		1,662,563		992,291
Series 2006-6, Class 31A1,
5.632%, 11/25/2036 (P)		2,233,366		1,307,455
Bear Stearns Structured Products, Inc.,
Series 2007-R6, Class 1A1
5.603%, 01/26/2036 (P)		986,574		617,213
Bella Vista Mortgage Trust,
Series 2005-2, Class 2A1
0.479%, 05/20/2045 (P)		741,909		424,960
Citigroup Mortgage Loan Trust, Inc.
Series 2005-12, Class 2A1,
1.029%, 08/25/2035 (P)		1,125,045		772,374
Series 2005-6, Class A1,
2.510%, 08/25/2035 (P)		647,645		618,058
Series 2005-11, Class 1A1,
2.990%, 12/25/2035 (P)		376,843		344,427
Series 2005-6, Class A2,
4.248%, 08/25/2035 (P)		725,968		639,401
Series 2005-11, Class A2A,
4.700%, 12/25/2035 (P)		1,746,286		1,602,780
Commercial Mortgage Pass Through
Certificates,
Series 2006-CN2A, Class A2FL
0.449%, 02/05/2019 (P)		2,600,000		2,323,594
Countrywide Alternative Loan Trust
Series 2006-OA19, Class A1,
0.409%, 02/20/2047 (P)		2,210,212		1,103,537
Series 2007-OA7, Class A1A,
0.409%, 05/25/2047 (P)		2,239,841		1,073,686
Series 2006-OA1, Class 2A1,
0.439%, 03/20/2046 (P)		1,378,426		713,394
Series 2005-81, Class A1,
0.509%, 02/25/2037 (P)		4,108,436		2,249,379
Series 2007-11T1, Class A12,
0.579%, 05/25/2037 (P)		530,109		263,922
Series 2005-56, Class 2A3,
1.971%, 11/25/2035 (P)		114,502		62,858
Series 2005-56, Class 2A2,
2.511%, 11/25/2035 (P)		114,580		64,094
Series 2005-21CB, Class A3,
5.250%, 06/25/2035 (P)		226,316		183,845
Series 2007-7T2, Class A9,
6.000%, 04/25/2037 (P)		329,701		211,205
Series 2007-16CB, Class 5A1,
6.250%, 08/25/2037 (P)		239,919		125,722
Countrywide Home Loan Mortgage Pass
Through Trust
Series 2004-25, Class 1A1,
0.559%, 02/25/2035 (P)		259,268		177,430
Series 2004-25, Class 2A1,
0.569%, 02/25/2035 (P)		306,224		210,713
Series 2005-R2, Class 1AF1,
0.569%, 06/25/2035 (P)		127,189		111,920
Series 2004-22, Class A3,
3.510%, 11/25/2034 (P)		281,907		240,365


The accompanying notes are an integral part of the financial statements.	75

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
United States (continued)
Countrywide Home Loan Mortgage Pass
Through Trust (continued)
Series 2004-12, Class 11A1,
3.968%, 08/25/2034 (P)	$	82,180	$	56,986
Series 2004-12, Class 12A1,
3.974%, 08/25/2034 (P)		833,559		680,611
Series 2005-HYB9, Class 3A2A,
5.250%, 02/20/2036 (P)		604,947		452,744
Series 2005-HYB9, Class 5A1,
5.250%, 02/20/2036 (P)		574,642		361,177
CS First Boston Mortgage Securities Corp.
Series 2003-AR18, Class 2A3,
3.211%, 07/25/2033 (P)		26,203		24,050
Series 2003-AR20, Class 2A1,
3.481%, 08/25/2033 (P)		299,098		275,833
Federal Home Loan Mortgage Corp.
Series 2004-2895, Class F,
0.581%, 06/15/2031 (P)		391,754		391,585
Series T-63, Class 1A1,
1.681%, 02/25/2045 (P)		275,144		259,007
Federal National Mortgage Association
Series 2005-120, Class NF,
0.329%, 01/25/2021 (P)		261,910		261,085
Series 2006-15, Class FC,
0.359%, 03/25/2036 (P)		865,345		690,098
Series 2006-16, Class FC,
0.529%, 03/25/2036 (P)		1,889,752		1,871,366
Series 2003-W6, Class F,
0.579%, 09/25/2042 (P)		595,446		558,550
0.579%, 03/25/2044 (P)		437,189		402,018
Series 2006-5, Class 3A2,
3.805%, 05/25/2035 (P)		696,600		670,529
First Horizon Asset Securities, Inc.
Series 2003-AR4, Class 2A1,
2.916%, 12/25/2033 (P)		159,018		148,773
Series 2003-AR2, Class 2A1,
3.117%, 07/25/2033 (P)		85,025		78,473
Series 2005-AR3, Class 2A1,
5.343%, 08/25/2035 (P)		130,145		116,210
First Republic Mortgage Loan Trust,
Series 2001-FRB1, Class A
0.582%, 11/15/2031 (P)		374,514		318,629
GMAC Mortgage Corp. Loan Trust,
Series 2004-AR1, Class 22A
4.057%, 06/25/2034 (P)		20,813		16,705
Greenpoint Mortgage Funding Trust,
Series 2006-AR6, Class A1A
0.309%, 10/25/2046 (P)		882,618		799,357
Greenpoint Mortgage Pass-Through
Certificates, Series 2003-1, Class A1
3.474%, 10/25/2033 (P)		19,509		14,583
GS Mortgage Securities Corp.,
Series 2003-1, Class A2
0.929%, 01/25/2032 (P)		204,691		180,955
GSR Mortgage Loan Trust,
Series 2003-1, Class A2
2.060%, 03/25/2033 (P)		124,372		119,400
Harborview Mortgage Loan Trust
Series 2006-12, Class 2A11,
0.319%, 01/19/2038 (P)		345,174		340,560
Series 2006-12, Class 2A2A,
0.419%, 01/19/2038 (P)		2,084,631		1,122,593
Series 2006-1, Class 2A1A,
0.469%, 03/19/2036 (P)		1,424,425		793,758


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
United States (continued)
Harborview Mortgage Loan Trust (continued)
Series 2003-1, Class A,
3.882%, 05/19/2033 (P)	$	269,235	$	260,133
Series 2005-4, Class 3A1,
4.956%, 07/19/2035 (P)		44,753		32,497
Impac Secured Assets Corp.,
Series 2006-4, Class A2A
0.309%, 01/25/2037 (P)		192,426		186,259
Indymac Index Mortgage Loan Trust,
Series 2004-AR11, Class 2A
2.948%, 12/25/2034 (P)		85,544		61,675
JPMorgan Alternative Loan Trust,
Series 2006-A6, Class 2A1
5.500%, 11/25/2036		516,301		419,867
JPMorgan Chase Commercial Mortgage
Securities Corp.,
Series 2007-LDPX, Class A3
5.420%, 01/15/2049		100,000		91,269
JPMorgan Mortgage Trust
Series 2007-A1, Class 5A6,
3.442%, 07/25/2035 (P)		587,771		277,302
Series 2003-A2, Class 3A1,
4.400%, 11/25/2033 (P)		204,958		200,452
Long Beach Mortgage Loan Trust,
Series 2004-4, Class 1A1
0.509%, 10/25/2034 (P)		134,514		113,476
Mellon Residential Funding Corp.,
Series 2000-TBC3, Class A1
0.672%, 12/15/2030 (P)		884,737		796,590
Merrill Lynch Mortgage Investors, Inc.
Series 2005-A8, Class A3A2,
0.479%, 08/25/2036 (P)		176,790		113,550
Series 2003-C, Class A1,
0.889%, 06/25/2028 (P)		570,015		481,996
Series 2003-A2, Class 1A1,
3.367%, 02/25/2033 (P)		115,902		102,726
Series 2005-2, Class 1A,
4.250%, 10/25/2035 (P)		998,754		921,297
Merrill Lynch/Countrywide Commercial
Mortgage Trust,
Series 2007-8, Class A3
5.957%, 08/12/2049 (P)		2,000,000		1,863,629
Residential Accredit Loans, Inc.
Series 2007-QO2, Class A1,
0.379%, 02/25/2047 (P)		537,240		246,433
Series 2006-QO6, Class A1,
0.409%, 06/25/2046 (P)		2,375,626		884,208
Series 2006-QO3, Class A1,
0.439%, 04/25/2046 (P)		1,444,430		577,782
Residential Asset Mortgage Products, Inc.,
Series 2006-RZ5, Class A1A
0.329%, 08/25/2046 (P)		64,503		63,900
Residential Asset Securitization Trust,
Series 2006-R1, Class A2
0.629%, 01/25/2046 (P)		650,991		297,613
Residential Funding Mortgage Securities I,
Series 2005-SA4, Class 1A21
5.200%, 09/25/2035 (P)		182,727		133,140
Sequoia Mortgage Trust, Series 5, Class A
0.579%, 10/19/2026 (P)		232,692		174,738
Structured Adjustable Rate Mortgage
Loan Trust
Series 2004-19, Class 2A1,
1.871%, 01/25/2035 (P)		790,629		373,431


The accompanying notes are an integral part of the financial statements.	76

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
United States (continued)
Structured Adjustable Rate Mortgage Loan
Trust (continued)
Series 2004-1, Class 4A2,
2.760%, 02/25/2034 (P)	$	887,296	$	771,748
Series 2004-1, Class 4A1,
2.760%, 02/25/2034 (P)		161,327		142,998
Series 2004-4, Class 3A2,
3.035%, 04/25/2034 (P)		370,206		306,429
Series 2004-12, Class 7A1,
5.210%, 09/25/2034 (P)		633,298		562,975
Structured Asset Mortgage Investments,
Inc., Series 2006-AR3, Class 12A1
0.449%, 05/25/2036 (P)		1,844,068		957,261
Thornburg Mortgage Securities Trust,
Series 2006-5, Class A1
0.349%, 10/25/2046 (P)		1,488,741		1,441,109
Wachovia Bank Commercial Mortgage
Trust, Series 2006-C28, Class A4
5.572%, 10/15/2048		3,000,000		2,839,801
WaMu Mortgage Pass-
Through Certificates
Series 2005-AR6, Class 2A1A,
0.459%, 04/25/2045 (P)		523,642		394,278
Series 2005-AR13, Class A1A1,
0.519%, 10/25/2045 (P)		180,706		129,206
Series 2005-AR2, Class 2A1A,
0.539%, 01/25/2045 (P)		301,979		232,108
Series 2003-R1, Class A1,
0.769%, 12/25/2027 (P)		893,948		693,552
Series 2006-AR19, Class 1A,
1.211%, 01/25/2047 (P)		611,024		315,864
Series 2006-AR17, Class 1A1A,
1.281%, 12/25/2046 (P)		455,848		273,193
Series 2006-AR3, Class A1A,
1.471%, 02/25/2046 (P)		1,023,136		696,992
Series 2002-AR17, Class 1A,
1.671%, 11/25/2042 (P)		361,896		268,562
Series 2003-AR9, Class 1A6,
2.833%, 09/25/2033 (P)		3,747,815		3,694,482
Series 2003-AR5, Class A7,
2.884%, 06/25/2033 (P)		109,826		104,307
Washington Mutual Alternative Mortgage
Pass-Through Certificates,
Series 2006-AR5, Class 3A
1.411%, 07/25/2046 (P)		423,552		156,220
Wells Fargo Mortgage Backed
Securities Trust
Series 2004-S, Class A1,
3.097%, 09/25/2034 (P)		326,530		318,652
Series 2006-AR2, Class 2A1,
4.950%, 03/25/2036 (P)		2,709,328		2,395,518

				65,032,439

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $108,049,487)			$	87,925,845


ASSET BACKED SECURITIES - 1.58%
Canada - 0.13%
Ford Auto Securitization Trust,
Series 2009-R1A, Class A2
4.817%, 10/15/2012	CAD	1,000,000		987,873

				987,873


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
Ireland - 0.07%
SC Germany Auto, Series 2007-1, Class A
0.491%, 08/11/2015	EUR	392,871	$	532,224

				532,224
Italy - 0.12%
Locat Securitisation Vehicle Srl,
Series 2006-4, Class A2
0.874%, 12/12/2028		650,387		856,825

				856,825
United Kingdom - 0.24%
Bumper 2 SA, Series 2009-3, Class A
2.212%, 06/20/2022		1,300,000		1,770,145
United States - 1.02%
Access Group, Series 2008-1, Class A
1.548%, 10/27/2025 (P)	$	2,492,005		2,574,686
Countrywide Asset-Backed Certificates
Series 2007-2, Class 2A1,
0.279%, 08/25/2037 (P)		398,035		383,377
Series 2006-25, Class 2A1,
0.299%, 06/25/2047 (P)		654,639		624,205
First Franklin Mortgage Loan Asset
Backed Certificates
Series 2006-FF15, Class A3,
0.279%, 11/25/2036 (P)		468,434		457,893
Series 2006-FF18, Class A2A,
0.299%, 12/25/2037 (P)		31,006		30,612
Ford Credit Auto Owner Trust,
Series 2008-C, Class A2B
1.132%, 01/15/2011 (P)		22,399		22,405
Franklin Auto Trust,
Series 2008-A, Class A2
1.229%, 10/20/2011 (P)		295,160		295,470
Mid-State Trust, Series 1995-4, Class A
8.330%, 04/01/2030		1,232,536		1,250,929
Nelnet Student Loan Trust,
Series 2008-4, Class A1
0.779%, 04/27/2015 (P)		640,471		641,400
Residential Asset Securitization Trust,
Series 2005-A15, Class 5A1
5.750%, 02/25/2036		309,787		214,137
SACO I, Inc., Series 2005-10, Class 1A
0.489%, 06/25/2036 (P)		356,523		121,458
SLM Student Loan Trust,
Series 2003-6, Class A4
0.454%, 12/17/2018 (P)		381,547		380,289
Structured Asset Securities Corp.,
Series 2006-11, Class A1
3.254%, 10/25/2035 (P)(S)		513,185		431,745
Wells Fargo Home Equity Trust,
Series 2005-2, Class AI1A
0.459%, 10/25/2035 (P)		192,694		188,165

				7,616,771

TOTAL ASSET BACKED SECURITIES (Cost $12,130,822)			$	11,763,838


TERM LOANS - 0.35%
United States - 0.35%
Chrysler Finance Company
4.240%, 08/03/2012 (P)		1,725,053		1,703,059
Ford Motor Company
3.258%, 11/29/2013 (P)		966,358		902,740

TOTAL TERM LOANS (Cost $2,654,018)			$	2,605,799


The accompanying notes are an integral part of the financial statements.	77

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


PREFERRED STOCKS - 0.01%
United States - 0.01%
SLM Corp. (N)		6,200	$	103,850

				103,850

TOTAL PREFERRED STOCKS (Cost $69,750)			$	$ 103,850


SHORT-TERM INVESTMENTS - 4.67%
Repurchase Agreement - 4.09%
Deutsche Bank Tri-Party Repurchase
Agreement dated 02/26/2010 at 0.11%
to be repurchased at $14,600,134 on
03/01/2010, collateralized by
$14,893,000 Federal Home Loan
Mortgage Corp., 0.00% due 03/08/2010
(valued at $14,893,000,
including interest)	$	14,600,000		14,600,000
Goldman Sachs Tri-Party Repurchase
Agreement dated 02/26/2010 at 0.11%
to be repurchased at $14,900,137 on
03/01/2010, collateralized by
$15,055,000 Federal National Mortgage
Association, 2.20% due 04/23/2012
(valued at $15,208,952,
including interest)		14,900,000		14,900,000
Repurchase Agreement with State Street
Corp. dated 02/26/2010 at 0.01% to be
repurchased at $1,001,001 on
03/01/2010, collateralized by
$965,000 Federal Home Loan Bank,
5.50% due 07/15/2036 (valued at
$1,021,694, including interest)		1,001,000		1,001,000

				30,501,000
*Short-Term Securities - 0.58%**
Barclays Bank PLC, 1.071%, 03/22/2011		3,400,000		3,400,000
U.S. Treasury Bills,
0.063%, 03/04/2010 (F)		932,000		931,997

				4,331,997

TOTAL SHORT-TERM INVESTMENTS (Cost $34,832,997)			$	34,832,997

Total Investments (Global Bond Fund)
(Cost $759,455,882) - 98.79%			$	737,156,249
Other assets and liabilities, net - 1.21%				9,064,095

TOTAL NET ASSETS - 100.00%			$	746,220,344


For sector weighting information see pages 3-8.


Global Infrastructure Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 99.16%
Australia - 2.52%
Transurban Group, Ltd.		12,000	$	$ 56,303
Brazil - 1.95%
Cia Energetica de Minas Gerais, ADR		1,596		26,127
Companhia de Saneamento Basico de Estado de
Sao Paulo, ADR		516		17,590

				43,717
Canada - 18.98%
Aecon Group, Inc.		700		9,227
ATCO, Ltd.		985		45,028


Global Infrastructure Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Canada (continued)
Canadian Utilities, Ltd.	400	$	16,970
Enbridge, Inc.	2,461		108,973
Seacliff Construction Corp.	1,500		16,950
SNC-Lavalin Group, Inc.	800		37,445
Telus Corp.	1,349		44,270
The Churchill Corp. (I)	2,300		46,669
TransCanada Corp.	3,000		99,000

			424,532
China - 0.83%
China Telecom Corp., Ltd., ADR	424		18,660
France - 3.57%
France Telecom SA, SADR	616		14,451
GDF Suez	816		29,975
Groupe Eurotunnel SA	3,500		35,557

			79,983
Germany - 5.33%
E.ON AG, SADR	491		17,494
Fraport AG, ADR	300		15,105
Freenet AG (I)	3,331		47,642
RWE AG	459		38,910

			119,151
Italy - 6.22%
Autostrade SpA	1,600		36,926
Enel SpA	16,558		89,813
Terna Rete Elettrica Nazionale SpA	3,000		12,326

			139,065
Japan - 2.92%
Kamigumi Company, Ltd.	1,000		7,789
NTT DoCoMo, Inc., SADR	1,365		21,117
Tokyo Gas Company, Ltd.	8,349		36,362

			65,268
Netherlands - 2.45%
Koninklijke KPN NV, SADR	1,124		18,006
Koninklijke Vopak NV	500		36,789
			54,795
Norway - 0.90%
Telenor ASA, ADR (I)	528		20,064
Singapore - 1.08%
Singapore Airport Terminal Services, Ltd.	13,000		24,133
Spain - 8.05%
Abertis Infraestructuras SA	1,520		28,653
Enagas	300		6,262
Endesa SA	1,404		40,508
Iberdrola SA	4,444		35,784
Telefonica SA, SADR	982		68,917

			180,124
Sweden - 2.47%
Tele2 AB, Series B	3,723		55,371
Switzerland - 1.71%
Swisscom AG	1,116		38,301
Taiwan - 0.21%
Chunghwa Telecom Company, Ltd., ADR	257		4,801
Turkey - 0.48%
Turkcell Iletisim Hizmetleri AS, ADR	726		10,752
United Kingdom - 2.51%
BT Group PLC	1,276		22,368
National Grid PLC, SADR	399		19,850


The accompanying notes are an integral part of the financial statements.	78

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Infrastructure Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
United Kingdom (continued)
Vodafone Group PLC, SADR	642	$	13,976

			56,194
United States - 36.98%
AT&T, Inc.	2,807		69,642
CenturyTel, Inc.	996		34,133
Dominion Resources, Inc.	945		35,901
DTE Energy Company	1,421		61,700
Edison International	1,245		40,624
El Paso Corp.	1,500		15,705
Exelon Corp.	901		39,013
FirstEnergy Corp.	323		12,484
FPL Group, Inc.	500		23,185
ITT Educational Services, Inc. (I)	200		21,808
Kinder Morgan Management LLC (I)	667		38,252
OGE Energy Corp.	387		14,149
ONEOK, Inc.	687		30,455
Pinnacle West Capital Corp.	245		8,920
Public Service Enterprise Group, Inc.	1,489		44,253
Qwest Communications International, Inc.	5,650		25,764
Sempra Energy	1,342		65,990
Spectra Energy Corp.	3,200		69,760
Suburban Propane Partners LP	509		24,218
Telephone & Data Systems, Inc.	152		4,744
Tenet Healthcare Corp.	1,600		8,432
The Williams Companies, Inc.	4,200		90,468
USA Mobility, Inc.	440		4,954
Verizon Communications, Inc.	1,475		42,672

			827,226

TOTAL COMMON STOCKS (Cost $2,051,424)		$	2,218,440

Total Investments (Global Infrastructure Fund)
(Cost $2,051,424) - 99.16%		$	2,218,440
Other assets and liabilities, net - 0.84%			18,696

TOTAL NET ASSETS - 100.00%		$	2,237,136


For sector weighting information see pages 3-8.


Global Real Estate Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 98.54%
Australia - 9.79%
CFS Gandel Retail Trust	1,539,602 $	$	2,617,346
Charter Hall Group, Ltd.	789,586		497,350
Commonwealth Property Office Fund	1,586,251		1,348,311
Dexus Property Group	1,224,565		903,508
FKP Property Group, Ltd.	654,018		423,871
General Property Trust, Ltd.	4,831,759		2,483,747
Goodman Group	5,330,415		2,857,348
Macquarie Leisure Trust Group	155,329		200,065
Macquarie Office Trust	5,211,450		1,304,434
Mirvac Group, Ltd.	423,474		579,088
Stockland	1,463,633		5,314,399
Westfield Group	1,028,917		11,063,569

			29,593,036
Austria - 0.15%
Immofinanz AG (I)(L)	140,000		456,882
Brazil - 0.43%
Aliansce Shopping Centers SA (I)	121,550		677,987


Global Real Estate Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Brazil (continued)
PDG Realty SA Empreendimentos
e Participacoes	70,550	$	631,267

			1,309,254
Canada - 3.50%
Allied Properties Real Estate Investment Trust	61,450		1,115,468
Chartwell Seniors Housing Real Estate
Investment Trust (I)(S)	143,350		1,039,499
Chartwell Seniors Housing Real Estate
Investment Trust	179,950		1,304,903
First Capital Realty, Inc. (I)(S)	28,500		567,996
First Capital Realty, Inc.	86,950		1,732,885
InnVest Real Estate Investment Trust	380,750		2,040,895
RioCan Real Estate Investment Trust	154,000		2,788,158

			10,589,804
Finland - 0.26%
Technopolis Oyj	170,000		794,197
France - 3.12%
Fonciere Des Regions (L)	5,500		548,542
Unibail-Rodamco SE	45,000		8,888,419

			9,436,961
Guernsey, C.I. - 0.17%
Camper & Nicholsons Marina
Investments, Ltd. (I)	1,200,000		503,184
Hong Kong - 16.81%
Agile Property Holdings, Ltd.	526,000		671,301
China Overseas Land & Investment, Ltd.	2,833,452		5,741,279
China Resources Land, Ltd.	1,051,000		2,183,869
Hang Lung Properties, Ltd.	1,133,592		4,354,354
Henderson Land Development Company, Ltd.	680,000		4,597,145
Hong Kong Land Holdings, Ltd.	1,074,000		4,938,804
Hysan Development Company, Ltd.	292,000		786,446
Kerry Properties, Ltd.	546,803		2,593,524
Shimao Property Holdings, Ltd., GDR	524,000		872,761
Sun Hung Kai Properties, Ltd.	1,286,173		17,853,913
The Link	830,000		2,086,027
Wharf Holdings, Ltd.	794,000		4,123,908

			50,803,331
Italy - 0.21%
Beni Stabili SpA	685,000		625,533
Japan - 10.65%
Aeon Mall Company, Ltd.	13,000		236,684
Daikyo, Inc. (I)	947,000		1,750,108
Japan Real Estate Investment Corp.	374		3,227,565
Mitsubishi Estate Company, Ltd.	603,000		9,462,373
Mitsui Fudosan Company, Ltd.	509,000		8,586,090
Nippon Building Fund, Inc.	248		2,193,741
NTT Urban Development Corp.	1,258		1,003,748
Sumitomo Realty &
Development Company, Ltd.	252,000		4,470,603
Tokyo Tatemono Company, Ltd.	351,000		1,238,498

			32,169,410
Jersey, C.I. - 0.53%
LXB Retail Properties PLC (I)	644,000		873,954
Max Property Group PLC (I)	400,000		722,738

			1,596,692
Luxembourg - 0.22%
ProLogis European Properties (I)(L)	99,714		678,082
Malta - 0.00%
BGP Holdings PLC (I)	4,606,148		6


The accompanying notes are an integral part of the financial statements.	79

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Real Estate Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Netherlands - 1.18%
Corio NV	41,000	$	2,537,666
Vastned Retail NV	16,000		1,016,592

			3,554,258
Philippines - 0.53%
Ascendas Real Estate Investment Trust	775,088		1,064,618
Megaworld Corp.	21,000,000		535,358

			1,599,976
Singapore - 4.30%
Capitaland, Ltd.	2,277,500		6,121,350
CapitaMall Trust	1,036,000		1,303,895
CDL Hospitality Trusts	787,000		946,430
City Developments, Ltd.	317,000		2,317,420
Suntec	2,505,000		2,317,933

			13,007,028
South Africa - 0.68%
Growthpoint Properties, Ltd.	460,000		866,112
South African Property Opportunities PLC (I)	1,400,000		1,174,095

			2,040,207
Sweden - 0.89%
Castellum Abcastellum AB	165,000		1,637,847
Kungsleden Abkungsleden AB	150,000		1,051,845

			2,689,692
Thailand - 0.18%
Amata Corp. PCL	2,331,100		528,754
United Kingdom - 6.89%
Big Yellow Group PLC (I)	237,500		1,150,428
British Land Company PLC	550,000		3,696,162
Capital & Regional PLC (I)	1,100,000		570,406
Conygar Investment Company PLC (I)	250,000		450,819
Derwent Valley Holdings PLC	80,000		1,579,545
Great Portland Estates PLC	300,000		1,286,349
Hammerson PLC	214,000		1,251,557
Hansteen Holdings PLC	300,000		352,277
Helical Bar PLC	135,000		643,230
Land Securities Group PLC	110,000		1,060,793
London & Stamford Property, Ltd.	375,000		681,858
NR Nordic and Russia Properties, Ltd.	1,154,912		393,147
Primary Health Properties PLC	70,000		320,224
Quintain Estates & Development PLC (I)	870,000		809,549
Safestore Holdings, Ltd.	457,788		973,794
Segro PLC	500,000		2,433,115
Songbird Estates PLC (I)	185,000		474,810
St. Modwen Properties PLC (I)	60,000		177,361
Terrace Hill Group PLC	2,000,000		525,101
Unite Group PLC (I)	450,000		1,994,361

			20,824,886
United States - 38.05%
American Campus Communities, Inc.	69,950		1,933,418
Apartment Investment & Management
Company, Class A	111,550		1,861,770
AvalonBay Communities, Inc. (L)	95,128		7,745,322
BioMed Realty Trust, Inc.	68,650		1,060,643
Boston Properties, Inc. (L)	171,000		11,616,030
Brandywine Realty Trust	243,550		2,730,196
BRE Properties, Inc.	73,200		2,467,572
Camden Property Trust	80,850		3,238,043
Cogdell Spencer, Inc.	93,750		632,813
Developers Diversified Realty Corp.	176,250		1,870,013
Digital Realty Trust, Inc. (L)	75,650		3,902,027
Douglas Emmett, Inc.	79,750		1,123,678


Global Real Estate Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
United States (continued)
Duke Realty Corp.		188,500	$	2,092,350
Equity Residential		53,450		1,928,476
HCP, Inc. (L)		81,150		2,335,497
Health Care, Inc.		109,200		4,625,712
Host Hotels & Resorts, Inc.		457,254		5,354,444
LTC Properties, Inc.		32,250		841,080
Mack-Cali Realty Corp.		57,100		1,915,134
Nationwide Health Properties, Inc.		106,018		3,518,737
ProLogis		381,850		4,922,047
PS Business Parks, Inc.		26,000		1,274,000
Public Storage, Inc. (L)		99,300		8,161,467
Ramco-Gershenson Properties Trust		59,900		600,198
Regency Centers Corp. (L)		172,430		5,978,148
Retail Opportunity Investments Corp. (I)		58,450		584,500
Senior Housing Properties Trust		211,963		4,406,711
Simon Property Group, Inc.		175,248		13,720,166
SL Green Realty Corp.		37,500		1,914,750
Sovran Self Storage, Inc.		26,750		848,778
Sunstone Hotel Investors, Inc. (I)		271,300		2,425,422
Tanger Factory Outlet Centers, Inc. (L)		30,400		1,266,768
Taubman Centers, Inc. (L)		76,300		2,955,099
Washington Real Estate Investment Trust		111,700		3,111,962

				114,962,971

TOTAL COMMON STOCKS (Cost $235,982,630)			$	297,764,144


WARRANTS - 0.00%
France - 0.00%
Fonciere Des Regions (Expiration Date:
12/31/2010, Strike Price: EUR 65.00) (I)		10,649		7,120

TOTAL WARRANTS (Cost $3,081)			$	7,120


SHORT-TERM INVESTMENTS - 13.91%
Repurchase Agreement - 0.62%
Repurchase Agreement with State Street Corp.
dated 02/26/10 at 0.01% to be repurchased
at $1,858,002 on 03/01/2010, collateralized
by $1,900,000 Federal Home Loan
Mortgage Corp., zero coupon due
03/29/2010 (valued at $1,899,050,
including interest)	$	1,858,000		1,858,000
Securities Lending Collateral - 13.29%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		4,012,329		40,163,810

TOTAL SHORT-TERM INVESTMENTS (Cost $42,011,991)			$	42,021,810

Total Investments (Global Real Estate Fund)
(Cost $277,997,702) - 112.45%			$	339,793,074
Other assets and liabilities, net - (12.45%)				(37,628,136)

TOTAL NET ASSETS - 100.00%			$	302,164,938


For sector weighting information see pages 3-8.


Global Timber Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 91.29%
Australia - 3.22%
Gunns, Ltd.		158,818$	$	80,969


The accompanying notes are an integral part of the financial statements.	80

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Global Timber Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Brazil - 3.21%
Fibria Celulose SA, SADR (I)		4,400	$	80,740
Canada - 16.06%
Canfor Corp. (I)		17,736		143,108
Cascades, Inc.		6,605		51,474
West Fraser Timber Company, Ltd.		6,015		209,342

				403,924
China - 1.54%
Shandong Chenming Paper Holdings, Ltd.		59,670		38,759
Hong Kong - 13.11%
Sino-Forest Corp. (I)		16,952		329,792
Japan - 0.91%
Hokuetsu Paper Mills, Ltd.		4,667		22,785
United States - 53.24%
Bemis Company, Inc.		2,927		85,673
Clearwater Paper Corp. (I)		1,230		59,360
Deltic Timber Corp.		1,738		79,844
Greif, Inc., Class A		1,332		68,252
International Paper Company		5,981		138,580
MeadWestvaco Corp.		1,051		24,110
Packaging Corp. of America		4,770		113,526
Plum Creek Timber Company, Inc.		2,879		102,867
Potlatch Corp.		3,747		123,726
Rayonier, Inc.		3,829		159,172
Rock-Tenn Company, Class A		1,586		66,358
Schweitzer-Mauduit International, Inc.		2,003		91,938
Sonoco Products Company		1,565		46,293
Temple-Inland, Inc.		4,127		76,845
Weyerhaeuser Company		2,547		102,897

				1,339,441

TOTAL COMMON STOCKS (Cost $1,745,904)			$	2,296,410


PREFERRED STOCKS - 8.59%
Brazil - 8.59%
Klabin SA (N)		32,080		84,321
Suzano Papel e Celulose SA (I)(N)		12,820		131,949

				216,270

TOTAL PREFERRED STOCKS (Cost $217,158)			$	216,270

Total Investments (Global Timber Fund)
(Cost $1,963,062) - 99.88%			$	2,512,680
Other assets and liabilities, net - 0.12%				2,899

TOTAL NET ASSETS - 100.00%			$	2,515,579


For sector weighting information see pages 3-8.


High Income Fund
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS - 48.87%
Advertising - 0.90%
Vertis, Inc., PIK
13.500%, 04/01/2014	$	964,780	$	371,440
Vertis, Inc., Series A, PIK
18.500%, 10/01/2012		4,471,654		4,024,489

				4,395,929


High Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Aerospace & Defense - 0.23%
Sequa Corp.
11.750%, 12/01/2015 (S)	$	1,155,000	$	1,131,900
Agriculture - 0.22%
North Atlantic Trading Company
10.000%, 03/01/2012 (S)		1,376,750		1,087,633
Airlines - 5.16%
Alaska Airlines, Inc.
7.379%, 05/23/2016		5,935,372		5,163,772
Alaska Airlines, Inc., Series D
9.500%, 04/12/2012		78,468		73,368
American Airlines, Inc.
9.930%, 06/15/2010		512,000		504,320
10.320%, 07/30/2014 (S)		875,823		722,554
AMR Corp.
6.250%, 10/15/2014		1,000,000		1,157,500
AMR Corp., MTN, Series B
10.400%, 03/10/2011		4,500,000		4,140,000
GOL Finance
8.750%, 04/29/2049 (S)		3,470,000		2,949,500
Northwest Airlines, Inc.
0.00%, 01/16/2017 (I)		4,470,000		0
6.625%, 02/15/2023 (I)		15,690,000		94,140
7.625%, 11/15/2023 (I)		8,745,000		52,470
8.700%, 03/15/2049 (I)		2,055,000		10,481
8.875%, 06/01/2049 (I)		6,360,000		32,436
9.875%, 03/15/2037 (I)		7,045,000		35,930
10.000%, 02/01/2049 (I)		3,115,000		15,887
UAL Corp.
6.000%, 10/15/2029		4,125,000		8,765,625
United Air Lines, Inc.
12.750%, 07/15/2012		1,500,000		1,590,000

				25,307,983
Auto Parts & Equipment - 5.56%
Allison Transmission, Inc.
11.000%, 11/01/2015 (S)		4,840,000		5,021,500
Allison Transmission, Inc., PIK
11.250%, 11/01/2015 (S)		13,025,500		13,481,393
Exide Technologies, Series B
10.500%, 03/15/2013		9,000,000		8,752,500

				27,255,393
Building Materials - 0.04%
USG Corp.
9.750%, 08/01/2014 (S)		195,000		204,750
Chemicals - 1.51%
American Pacific Corp.
9.000%, 02/01/2015		7,485,000		7,391,438
Commercial Services - 0.27%
MSX International, Inc.
12.500%, 04/01/2012 (S)		1,185,000		948,000
Quebecor World, Inc.
4.875%, 11/15/2049 (S)		365,000		20,075
6.125%, 11/15/2013		3,255,000		179,025
6.500%, 08/01/2049		560,000		30,800
9.750%, 01/15/2049		3,155,000		173,525

				1,351,425
Electric - 1.75%
Texas Competitive Electric Holdings Company
LLC, PIK
10.500%, 11/01/2016		3,730,415		2,648,595


The accompanying notes are an integral part of the financial statements.	81

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
Texas Competitive Electric Holdings Company
LLC, Series A
10.250%, 11/01/2015	$	7,915,000	$	5,915,671

				8,564,266
Electronics - 0.20%
Muzak LLC/Muzak Finance Corp.
1.000%, 06/01/2010 (H)		2,170,000		675,490
9.875%, 03/15/2010 (H)		919,000		285,717

				961,207
Entertainment - 1.69%
Fontainebleau Las Vegas Holdings LLC
10.250%, 06/15/2015 (H)(S)		20,530,000		218,131
Fontainebleau Las Vegas Holdings LLC, PIK
12.500%, 06/01/2022 (H)		3,813,380		0
Greektown Holdings LLC
10.750%, 12/01/2013 (H)(S)		10,432,000		625,920
Marquee Holdings, Inc.
12.000%, 08/15/2014		820,000		690,850
Mashantucket Western Pequot Tribe, Series A
8.500%, 11/15/2015 (H)(S)		15,742,000		4,092,920
Mohegan Tribal Gaming Authority
7.125%, 08/15/2014		2,605,000		1,927,700
11.500%, 11/01/2017 (S)		700,000		728,000

				8,283,521
Food - 0.14%
FAGE Dairy Industry SA
9.875%, 02/01/2020 (S)		740,000		699,334
Forest Products & Paper - 1.78%
Abitibi-Consolidated of Canada, Inc.
6.000%, 06/20/2013 (H)		1,620,000		332,100
7.750%, 06/15/2011 (H)		2,051,000		420,455
8.375%, 04/01/2015 (H)		2,850,000		584,250
15.500%, 07/15/2010 (H)(S)		360,000		92,700
Abitibi-Consolidated, Inc.
7.400%, 04/01/2018 (H)		500,000		102,500
7.500%, 04/01/2028 (H)		347,000		71,135
NewPage Corp.
10.000%, 05/01/2012		4,245,000		2,440,875
11.375%, 12/31/2014		1,120,000		1,069,600
PE Paper Escrow GmbH
12.000%, 08/01/2014 (S)		755,000		819,175
Pope & Talbot, Inc.
8.375%, 06/01/2013 (H)		2,200,000		220
Sappi Papier Holding AG
7.500%, 06/15/2032 (S)		3,435,000		2,387,325
Verso Paper Holdings LLC
11.500%, 07/01/2014		385,000		404,250

				8,724,585
Insurance - 0.13%
MBIA Insurance Corp.
14.000%, 01/15/2033 (P)(S)		1,335,000		627,450
Internet - 0.10%
Netflix, Inc.
8.500%, 11/15/2017		455,000		476,613
Leisure Time - 0.57%
Travelport LLC
9.875%, 09/01/2014		2,000,000		2,045,000
11.875%, 09/01/2016		715,000		745,388

				2,790,388


High Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Lodging - 6.97%
Harrah’s Operating Company, Inc.
3.249%, 01/28/2015 (P)	$	1,690,000	$	1,373,125
Little Traverse Bay Bands of Odawa Indians
10.250%, 02/15/2014 (H)(S)		7,335,000		1,852,088
Majestic Star Casino LLC
9.500%, 10/15/2010 (H)		20,585,000		13,611,831
9.750%, 01/15/2011 (H)		4,515,000		677,250
MGM Mirage, Inc.
11.125%, 11/15/2017 (S)		1,035,000		1,117,800
MTR Gaming Group, Inc.
12.625%, 07/15/2014 (S)		4,810,000		4,641,650
MTR Gaming Group, Inc., Series B
9.000%, 06/01/2012		13,820,000		10,917,800
Trump Entertainment Resorts, Inc.
8.500%, 06/01/2015 (H)		13,440,000		13,440

				34,204,984
Media - 14.04%
Adelphia Communications Corp.
7.750%, 01/15/2049		3,000,000		37,800
9.875%, 03/01/2049		1,965,000		24,759
10.250%, 11/01/2049		985,000		12,411
CCH II LLC / CCH II Capital Corp.
13.500%, 11/30/2016 (S)		8,885,082		10,406,652
Century Communications, Inc.
8.375%, 12/15/2049		1,000,000		0
Charter Communications, Inc.
10.875%, 09/15/2014 (S)		2,680,000		2,984,850
Clear Channel Communications, Inc., PIK
11.000%, 08/01/2016		9,999,893		6,799,927
Sirius XM Radio, Inc.
9.625%, 08/01/2013		4,702,000		4,760,775
SuperMedia, Inc.
8.000%, 11/15/2016		18,405,000		322,088
XM Satellite Radio, Inc.
7.000%, 12/01/2014 (S)		17,265,000		16,522,605
11.250%, 06/15/2013 (S)		3,000,000		3,195,000
13.000%, 08/01/2013 (S)		21,680,000		23,739,595
Young Broadcasting, Inc.
10.000%, 03/01/2011 (H)		8,135,000		56,945

				68,863,407
Mining - 3.11%
CII Carbon LLC
11.125%, 11/15/2015 (S)		15,290,000		15,251,775
Oil & Gas - 0.18%
Dominion Petroleum Acquisitions
8.500%, 10/01/2011		902,903		901,477
Packaging & Containers - 1.13%
Jefferson Smurfit Corp.
8.250%, 10/01/2012 (H)		740,000		610,500
Smurfit-Stone Container Enterprises, Inc.
8.000%, 03/15/2017 (H)		6,000,000		4,935,000

				5,545,500
Real Estate - 0.77%
Realogy Corp.
10.500%, 04/15/2014		1,200,000		1,002,000
Realogy Corp., PIK
11.000%, 04/15/2014		3,389,900		2,779,718

				3,781,718
Retail - 0.14%
Steinway Musical Instruments, Inc.
7.000%, 03/01/2014 (S)		745,000		689,125


The accompanying notes are an integral part of the financial statements.	82

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications - 2.28%
Canadian Satellite Radio Holdings, Inc.
0.180%, 09/14/2014	$	535,800	$	352,155
12.750%, 02/15/2014 to 02/14/2016 (P)		5,514,184		3,175,877
Canadian Satellite Radio Holdings, Inc. (CAD)
8.000%, 09/10/2014		1,700,000		807,831
Digicel Group, Ltd.
8.250%, 09/01/2017 (S)		580,000		551,000
8.875%, 01/15/2015 (S)		695,000		663,725
Intelsat Bermuda, Ltd.
11.250%, 02/04/2017		2,720,000		2,757,400
Muzak LLC, PIK
15.000%, 07/31/2014		1,331,590		1,342,444
Terrestar Networks, Inc., PIK
15.000%, 02/15/2014 (S)		1,671,652		1,537,920

				11,188,352

TOTAL CORPORATE BONDS (Cost $278,059,923)			$	239,680,153


CONVERTIBLE BONDS - 11.12%
Automobiles & Components - 1.49%
Ford Motor Company
4.250%, 11/15/2016		4,380,000		6,219,600
Mobile Satellite Ventures LP, 0.00% Steps up
to 14.00% on 04/1/2010
maturing at 04/01/2013 (S)		1,190,000		1,094,800

				7,314,400
Diversified Financials - 0.51%
Janus Capital Group, Inc.
3.250%, 07/15/2014		2,160,000		2,489,400
Transportation - 9.12%
Continental Airlines, Inc.
5.000%, 06/15/2023		8,280,000		9,397,800
UAL Corp.
4.500%, 06/30/2021		25,301,000		23,529,930
US Airways Group, Inc.
7.000%, 09/30/2020		5,920,000		5,735,000
7.250%, 05/15/2014		3,350,000		6,071,875

				44,734,605

TOTAL CONVERTIBLE BONDS (Cost $45,002,323)			$	54,538,405


COLLATERALIZED MORTGAGE
OBLIGATIONS - 0.33%
GS Mortgage Securities Corp.,
Series 2006-NIM3, Class OS
0.00%, 10/26/2037		5,000		500
Harborview Mortgage Loan Trust
Series 2006-BU1, Class R,
0.00%, 02/19/2046		161,449,387		2
Series 2007-6, Class ES IO,
0.342%, 08/19/2037 (S)		41,479,903		335,987
Series 2007-3, Class ES IO,
0.350%, 05/19/2047		52,244,426		423,180
Series 2007-4, Class ES IO,
0.350%, 07/19/2047 (P)		56,242,770		455,566
Lehman XS Net Interest Margin Notes
Series 2007-GPM8, Class A3,
9.000%, 01/28/2047 (H)(S)		317,665		0
Series 2007-GPM8, Class A4,
9.000%, 01/28/2047 (H)(S)		470,000		0
RALI Asset Holdings Corp., Series 2006,
Class Q04, NIM
0.00%, 11/21/2037		170		0


High Income Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Washington Mutual, Inc.,
Series 2005-AR19, Class B1 IO
0.929%, 12/25/2045 (P)	$	2,962,165	$	372,618

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $9,940,425)			$	1,587,853


ASSET BACKED SECURITIES - 1.23%
DB Master Finance LLC, Series 2006-1,
Class -M1
8.285%, 06/20/2031 (S)		2,370,000		2,040,499
Dominos Pizza Master Issuer LLC,
Series 2007-1, Class M1
7.629%, 04/25/2037 (S)		4,990,000		3,992,000

TOTAL ASSET BACKED SECURITIES (Cost $6,780,082)			$	6,032,499


COMMON STOCKS - 13.45%
Automobiles & Components - 1.35%
Federal Mogul Corp. (I)		31,002		599,269
Lear Corp. (I)		87,301		6,047,340

				6,646,609
Commercial & Professional Services - 0.12%
World Color Press, Inc. (I)		51,621		567,831
Consumer Services - 0.00%
Fontainebleau Resorts LLC, Class A (I)		65,203		0
Energy - 0.26%
Dominion Petroleum, Ltd., GDR (I)		15,339,792		1,286,456
Materials - 0.01%
Tembec, Inc. (I)		25,800		26,727
Media - 5.50%
Canadian Satellite Radio Holdings, Inc. (I)		315,912		405,323
Canadian Satellite Radio Holdings,
Inc., Class A (I)		577,161		740,513
Charter Communications, Inc., Class A (I)		368,879		10,974,150
Comcast Corp., Class A		172,469		2,671,545
Dex One Corp. (I)		63,334		1,887,357
Sirius XM Radio, Inc. (I)		6,726,931		6,861,470
SuperMedia, Inc. (I)		42,791		1,797,232
The Star Tribune Company (I)		11,463		229,260
Time Warner Cable, Inc.		29,999		1,400,653
Vertis Holdings, Inc. (I)		48,700		0

				26,967,503
Transportation - 6.21%
Delta Air Lines, Inc. (L)		2,163,221		27,948,815
UAL Corp. (I)		47,000		806,050
US Airways Group, Inc. (I)		234,532		1,719,120
				30,473,985

TOTAL COMMON STOCKS (Cost $97,654,600)			$	65,969,111


PREFERRED STOCKS - 8.32%
Airlines - 2.84%
Continental Airlines Finance Trust II 6.000%		515,074		13,939,190
Auto Parts & Equipment - 0.58%
Lear Corp., Series A (I)		42,986		2,837,076
Banks - 1.03%
Bank of America Corp., Series L 7.250%		2,549		2,313,218
Wells Fargo & Company, Series L 7.500%		2,900		2,763,700

				5,076,918


The accompanying notes are an integral part of the financial statements.	83

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Income Fund (continued)
	Shares or
	Principal
	Amount		Value


PREFERRED STOCKS (continued)
Internet - 1.58%
Charter Communications, Inc., Series A,
PIK 15.000%	297,650	$	7,738,896
Packaging & Containers - 0.00%
Pliant Corp., PIK 13.000% (L)	685		103
Real Estate - 2.29%
iStar Financial, Inc., Series E 7.875%	310,545		4,316,576
iStar Financial, Inc., Series F 7.800%	198,032		2,752,645
iStar Financial, Inc., Series G 7.650%	79,317		1,077,918
iStar Financial, Inc., Series I 7.500%	232,232		3,077,074

			11,224,213

TOTAL PREFERRED STOCKS (Cost $28,858,965)		$	40,816,396


TERM LOANS - 12.36%
Advertising - 0.77%
RH Donnelley, Inc.
9.250%, 10/24/2014 (P)	3,862,299		3,785,053
Airlines - 3.35%
Delta Airlines, Inc.
3.501%, 04/30/2014 (P)	6,868,040		5,827,532
US Airways Group, Inc.
2.729%, 03/24/2014 (P)	14,011,576		10,578,740

			16,406,272
Auto Parts & Equipment - 0.44%
Lear Corp.
9.000%, 11/09/2012 (P)	2,169,803		2,172,515
Commercial Services - 0.71%
Muzak LLC
12.750%, 02/01/2014 (P)	3,385,417		3,490,414
Entertainment - 4.55%
East Valley Tourist Development Authority
12.000%, 08/06/2012 (P)	777,060		621,648
Fontainebleau Las Vegas Resorts LLC
6.000%, 06/06/2014 (H)(P)	757,938		142,113
6.250%, 06/06/2014 (H)(P)	1,618,638		303,495
Greektown Holdings LLC
0.00%, 09/30/2010 (P)(T)(U)	391,802		391,802
6.750%, 12/02/2010 (P)	4,648,424		4,950,572
7.000%, 12/02/2010 (P)	770,769		820,869
7.000%, 12/03/2012 (P)	2,068,484		2,202,935
7.000%, 12/03/2012 (P)	8,581,365		9,139,154
14.500%, 09/30/2010 (P)	3,722,845		3,741,459

			22,314,047
Forest Products & Paper - 0.10%
AbitibiBowater, Inc.
11.000%, 03/30/2010 (H)(P)	338,226		328,080
Tembec, Inc.
7.231%, 02/28/2012	180,000		129,000

			457,080
Lodging - 0.28%
Harrah’s Operating Company, Inc.
0.00%, 01/28/2015 (P)(T)	1,690,000		1,364,205
Media - 1.75%
Clear Channel Communications, Inc.
3.879%, 01/28/2016 (P)	3,036,164		2,383,932
SuperMedia, Inc.
11.000%, 12/31/2015 (P)	6,097,057		5,554,041
The Star Tribune Company
8.000%, 09/28/2014 (P)	436,456		392,811
8.000%, 09/28/2014 (P)	290,971		261,874

			8,592,658


High Income Fund (continued)
		Shares or
		Principal
		Amount		Value


TERM LOANS (continued)
Real Estate - 0.41%
Realogy Corp.
3.231%, 10/10/2013 (P)	$	310,227	$	273,564
3.250%, 10/10/2013 (P)		1,152,273		1,016,095
13.500%, 10/15/2017 (P)		675,000		734,063

				2,023,722

TOTAL TERM LOANS (Cost $54,006,402)			$	60,605,966


WARRANTS - 0.10%
Commercial & Professional Services - 0.05%
World Color Press, Inc (Expiration Date:
07/20/2014; Strike Price: 13.00) (I)		29,255		153,881
World Color Press, Inc. (Expiration Date:
07/20/2014; Strike Price: 16.30) (I)		29,255		111,169

				265,050
Materials - 0.01%
New Gold, Inc. (Expiration
Date: 06/17/2028) (I)		44,388		34,592
Media - 0.04%
Charter Communications, Inc., Class A
(Expiration Date 11/30/2014; Strike Price
USD $46.86) (Expiration Date: 11/30/2014;
Strike Price: 46.86) (I)		43,795		208,026
Star Tribune Company (Expiration
Date: 09/28/2013) (I)		5,140		0

				208,026

TOTAL WARRANTS (Cost $870,611)			$	507,668


OPTIONS PURCHASED - 0.00%
Call Options - 0.00%
Over the Counter Purchase Call on the USD
vs. CAD Expiration 01/16/2010 at $1.30 (I)		98,000,000		98
Over the Counter Purchase Call on the USD
vs. CAD Expiration Date
14/20/2010 at $1.30 (I)		98,000,000		98

				196

TOTAL OPTIONS PURCHASED (Cost $2,043,300)			$	196


SHORT-TERM INVESTMENTS - 3.18%
*Short-Term Securities - 3.18%**
Federal Home Loan Bank Discount Notes,
0.010%, 03/01/2010	$	15,600,000		15,600,000
Securities Lending Collateral - 0.00%
John Hancock Collateral Investment
Trust, 0.1869% (W)(Y)		12		120

TOTAL SHORT-TERM INVESTMENTS (Cost $15,600,120)			$	15,600,120

Total Investments (High Income Fund)
(Cost $538,816,751) - 98.96%			$	485,338,367
Other assets and liabilities, net - 1.04%				5,090,739

TOTAL NET ASSETS - 100.00%			$	490,429,106


The accompanying notes are an integral part of the financial statements.	84

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Yield Fund
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS - 3.53%
Argentina - 0.16%
Republic of Argentina
3.260%, 12/15/2035 (P)	$	48,000	$	2,765
5.000%, 12/15/2035 (H)		2,525,355		62,635
7.000%, 09/12/2013		751,000		627,085
11.750%, 05/20/2011 to 11/13/2026 (H)		4,225,000		969,721

				1,662,206
Brazil - 0.95%
Federative Republic of Brazil
10.000%, 07/01/2010 to 01/01/2017	BRL	17,756,000		9,636,110

				9,636,110
Indonesia - 0.48%
Republic of Indonesia
9.750%, 05/15/2037		11,122,000,000		1,077,308
10.250%, 07/15/2022 to 07/15/2027		24,033,000,000		2,553,825
11.000%, 09/15/2025		11,174,000,000		1,239,289

				4,870,422
Panama - 0.28%
Republic of Panama
9.375%, 04/01/2029	$	2,150,000		2,881,000
Peru - 0.19%
Republic of Peru
6.550%, 03/14/2037		648,000		680,400
7.350%, 07/21/2025		77,000		89,705
8.750%, 11/21/2033		862,000		1,124,910

				1,895,015
Turkey - 0.89%
Republic of Turkey
6.750%, 05/30/2040		2,160,000		2,108,700
6.875%, 03/17/2036		6,196,000		6,180,510
7.000%, 09/26/2016 to 06/05/2020		681,000		747,093

				9,036,303
Venezuela - 0.58%
Republic of Venezuela
5.750%, 02/26/2016		4,667,000		3,208,563
7.650%, 04/21/2025		949,000		599,294
8.500%, 10/08/2014		339,000		284,760
9.375%, 01/13/2034		1,588,000		1,123,510
10.750%, 09/19/2013		652,000		610,924

				5,827,051

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $37,812,047)		$		35,808,107


CORPORATE BONDS - 83.16%
Advertising - 0.98%
Affinion Group, Inc.
10.125%, 10/15/2013		490,000		494,900
11.500%, 10/15/2015		9,290,000		9,475,800

				9,970,700
Aerospace & Defense - 1.25%
DAE Aviation Holdings, Inc.
11.250%, 08/01/2015 (S)		10,600,000		9,672,500
TransDigm, Inc.
7.750%, 07/15/2014 (S)		2,970,000		2,970,000

				12,642,500
Airlines - 1.50%
American Airlines Inc
10.500%, 10/15/2012 (S)		1,000,000		1,025,000


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Airlines (continued)
Continental Airlines, Inc.
7.339%, 04/19/2014	$	4,060,000	$	3,836,700
Delta Air Lines, Inc.
7.711%, 09/18/2011		3,490,000		3,455,100
8.021%, 08/10/2022		490,913		447,958
8.954%, 08/10/2014		3,320,824		3,071,762
9.500%, 09/15/2014 (S)		1,435,000		1,460,113
9.750%, 12/17/2016		1,340,000		1,380,200
United Air Lines, Inc.
9.875%, 08/01/2013 (S)		540,000		540,000

				15,216,833
Apparel - 0.54%
Oxford Industries, Inc.
11.375%, 07/15/2015		4,905,000		5,444,550
Auto Manufacturers - 0.75%
General Motors Corp.
7.200%, 01/15/2011 (H)		9,575,000		2,896,438
8.375%, 07/15/2033 (H)		14,255,000		4,312,138
Oshkosh Corp.
8.500%, 03/01/2020 (S)		370,000		370,000

				7,578,576
Auto Parts & Equipment - 0.36%
Keystone Automotive Operations, Inc.
9.750%, 11/01/2013		1,820,000		782,600
Penhall International Corp.
12.000%, 08/01/2014 (S)		1,350,000		1,012,500
Visteon Corp.
8.250%, 08/01/2010 (H)		819,000		561,015
12.250%, 12/31/2016 (H)(S)		1,432,000		1,331,760

				3,687,875
Banks - 2.87%
GMAC, Inc.
0.00%, 12/01/2012		3,040,000		2,416,800
7.500%, 12/31/2013		640,000		627,200
8.000%, 11/01/2031		1,280,000		1,180,800
8.300%, 02/12/2015 (S)		5,490,000		5,538,039
ICICI Bank, Ltd.
6.375%, 04/30/2022 (P)		3,437,000		3,165,980
Rabobank Nederland NV, (11.000% to
06/30/2019, then 3 month LIBOR
+ 1086.75 bps)
maturing at 06/29/2049 (S)		3,265,000		4,136,853
Royal Bank of Scotland Group PLC
5.000%, 11/12/2013		1,720,000		1,609,012
5.050%, 01/08/2015		680,000		619,103
RSHB Capital SA for OJSC Russian
Agricultural Bank
6.299%, 05/15/2017		1,704,000		1,699,740
7.125%, 01/14/2014 (S)		3,480,000		3,677,300
7.175%, 05/16/2013		1,291,000		1,369,015
9.000%, 06/11/2014 (S)		1,170,000		1,330,875
Santander Finance Preferred SA
Unipersonal, (10.500% until 09/29/2014,
then 3 month LIBOR +767.3 bps)
maturing at 12/31/2049		1,500,000		1,666,209

				29,036,926
Biotechnology - 0.49%
FMC Finance III SA
6.875%, 07/15/2017		3,130,000		3,208,250


The accompanying notes are an integral part of the financial statements.	85

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Biotechnology (continued)
Talecris Biotherapeutics Holdings Corp.
7.750%, 11/15/2016 (S)	$	1,790,000	$	1,798,950

				5,007,200
Building Materials - 0.84%
Nortek, Inc.
11.000%, 12/01/2013		3,676,266		3,860,079
Odebrecht Finance, Ltd.
7.500%, 10/18/2017 (S)		3,950,000		4,147,500
USG Corp.
9.750%, 08/01/2014 (S)		480,000		504,000

				8,511,579
Chemicals - 2.34%
Ashland, Inc.
9.125%, 06/01/2017 (S)		5,730,000		6,274,350
Georgia Gulf Corp.
9.000%, 01/15/2017 (S)		3,525,000		3,657,188
Hexion Finance Escrow LLC
8.875%, 02/01/2018 (S)		1,450,000		1,355,750
Kerling PLC
10.625%, 01/28/2017 (S)		2,021,000		2,793,174
Solutia, Inc.
8.750%, 11/01/2017		2,120,000		2,215,400
Terra Capital, Inc.
7.750%, 11/01/2019 (S)		6,680,000		7,448,200

				23,744,062
Coal - 1.34%
Adaro Indonesia PT
7.625%, 10/22/2019 (S)		920,000		913,100
Arch Coal, Inc.
8.750%, 08/01/2016 (S)		2,105,000		2,178,675
International Coal Group, Inc.
10.250%, 07/15/2014		5,855,000		5,972,100
Murray Energy Corp.
10.250%, 10/15/2015 (S)		3,810,000		3,814,763
Peabody Energy Corp.
7.875%, 11/01/2026		600,000		612,000
The Griffin Coal Mining
Company Pty, Ltd.
9.500%, 12/01/2016 (H)(S)		150,000		85,500

				13,576,138
Commercial Services - 3.20%
Altegrity, Inc.
10.500%, 11/01/2015 (S)		620,000		577,375
11.750%, 05/01/2016 (S)		5,180,000		4,642,575
Ashtead Capital, Inc.
9.000%, 08/15/2016 (S)		2,620,000		2,633,100
Ceridian Corp., PIK
12.250%, 11/15/2015		2,758,350		2,634,224
H&E Equipment Services, Inc.
8.375%, 07/15/2016		2,365,000		2,353,175
Rental Service Corp.
9.500%, 12/01/2014		4,935,000		4,774,613
RSC Equipment Rental, Inc.
10.000%, 07/15/2017 (S)		1,805,000		1,931,350
Service Corp. International
7.500%, 04/01/2027		830,000		749,075
Stonemor Operating LLC
10.250%, 12/01/2017 (S)		3,785,000		3,974,250
The Geo Group, Inc.
7.750%, 10/15/2017 (S)		3,355,000		3,396,938


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Commercial Services (continued)
Trico Shipping AS
11.875%, 11/01/2014 (S)	$	4,920,000	$	4,766,250

				32,432,925
Cosmetics & Personal Care - 0.17%
Revlon Consumer Products Corp.
9.750%, 11/15/2015 (S)		1,630,000		1,674,825
Diversified Financial Services - 8.82%
AAC Group Holding Corp.
10.250%, 10/01/2012 (S)		240,000		234,000
Bank of America Corp., (8.125% to
05/15/2018, then 3 month
LIBOR +364 bps)
maturing at 12/29/2049		670,000		638,590
CCM Merger, Inc.
8.000%, 08/01/2013 (S)		4,315,000		3,581,450
CIT Group, Inc.
7.000%, 05/01/2013 to 05/01/2017		12,960,277		11,521,945
Credit Agricole SA
8.375%, 10/29/2049 (P)(S)		1,500,000		1,576,875
Ford Motor Credit Company LLC
12.000%, 05/15/2015		19,770,000		22,583,726
Fresenius US Finance II, Inc.
9.000%, 07/15/2015 (S)		4,115,000		4,547,075
International Lease Finance Corp.
5.250%, 01/10/2013		1,000,000		867,821
5.625%, 09/20/2013		3,720,000		3,173,193
5.750%, 06/15/2011		430,000		412,714
6.375%, 03/25/2013		5,180,000		4,562,316
JPMorgan Chase & Company, Series 1
7.900%, 04/29/2049 (P)		2,560,000		2,646,554
JSG Funding PLC
7.750%, 04/01/2015		1,275,000		1,236,750
Lehman Brothers Holdings, Inc.
5.250%, 02/06/2012 (H)		3,125,000		703,125
Lukoil International Finance BV
6.356%, 06/07/2017		3,110,000		3,102,225
MBNA Capital A, Series A
8.278%, 12/01/2026		360,000		351,000
Petroplus Finance, Ltd.
6.750%, 05/01/2014 (S)		1,745,000		1,474,525
7.000%, 05/01/2017 (S)		2,950,000		2,330,500
SLM Corp., MTN
8.450%, 06/15/2018		3,110,000		3,042,134
SLM Corp., Series MTN
5.625%, 08/01/2033		1,910,000		1,469,405
TNK-BP Finance SA
6.625%, 03/20/2017		1,966,000		1,951,255
7.500%, 07/18/2016		1,575,000		1,671,363
7.875%, 03/13/2018 (S)		1,460,000		1,527,598
UPC Germany GmbH
8.125%, 12/01/2017 (S)		2,600,000		2,600,000
Verasun Energy Corp.
9.375%, 06/01/2049		1,945,000		126,425
Wells Fargo Capital XIII, Series GMTN
7.700%, 12/29/2049 (P)		4,465,000		4,398,025
Wind Acquisition Holdings Finance SpA
12.250%, 07/15/2017 (S)		7,580,000		7,011,500

				89,342,089
Electric - 4.83%
AES Corp.
8.000%, 06/01/2020		750,000		735,938
Colbun SA
6.000%, 01/21/2020 (S)		1,060,000		1,067,534


The accompanying notes are an integral part of the financial statements.	86

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
Edison Mission Energy
7.625%, 05/15/2027	$	5,700,000	$	3,705,000
7.750%, 06/15/2016		1,455,000		1,164,000
EEB International, Ltd.
8.750%, 10/31/2014 (S)		5,250,000		5,729,063
Energy Future Holdings Corp.
10.875%, 11/01/2017		5,500,000		4,166,250
Energy Future Holdings Corp., PIK
11.250%, 11/01/2017		28,040,192		19,628,134
Mirant Americas Generation LLC
9.125%, 05/01/2031		2,561,000		2,298,498
Mirant Mid Atlantic LLC
9.125%, 06/30/2017		245,995		259,525
10.060%, 12/30/2028		3,137,228		3,372,520
NRG Energy, Inc.
7.250%, 02/01/2014		1,745,000		1,758,088
7.375%, 01/15/2017		1,810,000		1,780,588
Texas Competitive Electric Holdings
Company LLC, Series A
10.250%, 11/01/2015		1,860,000		1,390,164
Texas Competitive Electric Holdings
Company LLC, Series B
10.250%, 11/01/2015		2,545,000		1,902,388

				48,957,690
Electrical Components & Equipment - 0.08%
Coleman Cable, Inc.
9.000%, 02/15/2018 (S)		790,000		782,100
Electronics - 0.34%
Jabil Circuit, Inc.
7.750%, 07/15/2016		1,350,000		1,397,250
8.250%, 03/15/2018		170,000		181,475
NXP BV / NXP Funding LLC
7.875%, 10/15/2014		2,025,000		1,873,125

				3,451,850
Energy-Alternate Sources - 0.02%
Headwaters, Inc.
11.375%, 11/01/2014 (S)		165,000		166,650
Entertainment - 1.75%
Choctaw Resort Development Enterprise
7.250%, 11/15/2019 (S)		837,000		569,160
Downstream Development Authority of the
Quapaw Tribe of Oklahoma
12.000%, 10/15/2015 (S)		3,705,000		3,297,450
Fontainebleau Las Vegas Holdings LLC
10.250%, 06/15/2015 (H)(S)		3,000,000		31,875
Indianapolis Downs Capital LLC
11.000%, 11/01/2012 (S)		3,440,000		2,236,000
Mohegan Tribal Gaming Authority
6.125%, 02/15/2013		1,060,000		849,325
7.125%, 08/15/2014		2,900,000		2,146,000
8.000%, 04/01/2012		423,000		374,355
11.500%, 11/01/2017 (S)		2,595,000		2,698,800
Penn National Gaming, Inc.
8.750%, 08/15/2019 (S)		870,000		861,300
Pinnacle Entertainment, Inc.
8.625%, 08/01/2017 (S)		2,825,000		2,683,750
Snoqualmie Entertainment Authority
4.136%, 02/01/2014 (P)(S)		2,315,000		1,574,200
9.125%, 02/01/2015 (S)		570,000		393,300

				17,715,515


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Food - 0.77%
Bumble Bee Foods LLC
7.750%, 12/15/2015 (S)	$	1,450,000	$	1,453,625
Del Monte Corp.
7.500%, 10/15/2019 (S)		1,475,000		1,497,125
Dole Food Company, Inc.
13.875%, 03/15/2014 (S)		52,000		62,010
Smithfield Foods, Inc.
10.000%, 07/15/2014 (S)		1,290,000		1,396,425
Viskase Companies, Inc.
9.875%, 01/15/2018 (S)		3,380,000		3,422,250

				7,831,435
Forest Products & Paper - 3.28%
Abitibi-Consolidated Company of Canada
13.750%, 04/01/2011 (H)(S)		4,325,150		4,444,092
Appleton Papers, Inc.
10.500%, 06/15/2015 (S)		1,320,000		1,221,000
11.250%, 12/15/2015 (S)		9,238,000		7,759,920
Georgia-Pacific LLC
8.250%, 05/01/2016 (S)		3,685,000		3,887,675
NewPage Corp.
11.375%, 12/31/2014		5,155,000		4,923,025
Smurfit Kappa Treasury Funding, Ltd.
7.500%, 11/20/2025		2,280,000		2,029,200
Verso Paper Holdings LLC
11.500%, 07/01/2014 (S)		3,805,000		3,995,250
Verso Paper Holdings LLC, Series B
9.125%, 08/01/2014		5,370,000		4,940,400

				33,200,562
Government - 0.21%
Mubadala Development Company, GMTN
5.750%, 05/06/2014 (S)		2,020,000		2,135,219
Healthcare Products - 0.79%
Biomet, Inc.
10.000%, 10/15/2017		2,460,000		2,687,550
Biomet, Inc., PIK
10.375%, 10/15/2017		2,030,000		2,222,850
Universal Hospital Services, Inc.
3.859%, 06/01/2015 (P)		1,580,000		1,335,100
Universal Hospital Services, Inc., PIK
8.500%, 06/01/2015		1,855,000		1,799,350

				8,044,850
Healthcare Services - 4.59%
CRC Health Corp.
10.750%, 02/01/2016		11,340,000		10,206,000
HCA, Inc.
6.300%, 10/01/2012		1,740,000		1,722,600
HCA, Inc., PIK
9.625%, 11/15/2016		11,749,000		12,571,430
Tenet Healthcare Corp.
7.375%, 02/01/2013		256,000		254,720
10.000%, 05/01/2018 (S)		6,083,000		6,691,300
U.S. Oncology Holdings, Inc., PIK
6.428%, 03/15/2012		8,464,000		7,956,160
U.S. Oncology, Inc.
9.125%, 08/15/2017		3,290,000		3,413,375
Vanguard Health Holding Company II LLC
8.000%, 02/01/2018 (S)		3,780,000		3,713,850

				46,529,435
Holding Companies - 0.42%
Leucadia National Corp.
7.750%, 08/15/2013		1,350,000		1,404,000
8.125%, 09/15/2015		1,840,000		1,867,600


The accompanying notes are an integral part of the financial statements.	87

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Holding Companies (continued)
Reynolds Group
7.750%, 10/15/2016 (S)	$	1,015,000	$	1,027,688

				4,299,288
Home Furnishings - 0.27%
Norcraft Holdings Capital
9.750%, 09/01/2012		2,908,000		2,733,520
Simmons Holdco, Inc., PIK
7.390%, 02/15/2012		2,827,672		7,069

				2,740,589
Household Products - 0.59%
ACCO Brands Corp.
10.625%, 03/15/2015 (S)		3,540,000		3,847,980
American Achievement Corp.
8.250%, 04/01/2012 (S)		990,000		975,150
American Greetings Corp.
7.375%, 06/01/2016		1,210,000		1,173,500

				5,996,630
Housewares - 0.23%
Libbey Glass, Inc.
10.000%, 02/15/2015 (S)		2,230,000		2,308,050
Insurance - 1.09%
American International Group, Inc.
5.050%, 10/01/2015		340,000		287,277
5.450%, 05/18/2017		6,370,000		5,176,784
8.250%, 08/15/2018		3,170,000		2,908,931
American International Group, Inc., MTN
5.850%, 01/16/2018		5,000		4,037
American International Group,
Inc., Series WI
8.175%, 05/15/2058 (P)		1,115,000		752,625
Everest Reinsurance Holdings, Inc.,
(6.600% to 05/15/2017, then 3 month
LIBOR +238.5 bps)
maturing at 05/15/2037 (P)		2,460,000		1,943,400

				11,073,054
Internet - 0.45%
Equinix, Inc.
8.125%, 03/01/2018		1,330,000		1,330,000
GXS Worldwide, Inc.
9.750%, 06/15/2015 (S)		1,600,000		1,520,000
Netflix, Inc.
8.500%, 11/15/2017		1,625,000		1,702,188
Semgroup LP
8.750%, 11/15/2049 (S)		10,803,000		0

				4,552,188
Iron & Steel - 2.06%
Evraz Group SA
8.875%, 04/24/2013		4,510,000		4,659,160
9.500%, 04/24/2018 (S)		710,000		736,625
GTL Trade Finance, Inc.
7.250%, 10/20/2017		4,499,000		4,690,208
Metals USA, Inc.
11.125%, 12/01/2015		7,360,000		7,433,600
Ryerson Holding Corp.
0.00%, 02/01/2015 (S)		6,000,000		2,700,000
Ryerson, Inc.
12.000%, 11/01/2015		665,000		683,288

				20,902,881


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Leisure Time - 0.41%
NCL Corp., Ltd.
11.750%, 11/15/2016 (S)	$	4,000,000	$	4,150,000
Lodging - 2.87%
Ameristar Casinos, Inc.
9.250%, 06/01/2014		350,000		357,875
Boyd Gaming Corp.
6.750%, 04/15/2014		1,780,000		1,515,225
7.125%, 02/01/2016		2,530,000		1,992,375
Harrah’s Operating Company, Inc.
5.625%, 06/01/2015		1,320,000		735,900
10.000%, 12/15/2015		2,126,000		1,743,320
10.750%, 02/01/2016		6,574,000		5,061,980
11.250%, 06/01/2017		5,700,000		5,913,750
Inn of the Mountain Gods Resort & Casino
12.000%, 11/15/2010 (H)		8,366,000		4,057,510
MGM Mirage, Inc.
6.625%, 07/15/2015		260,000		205,400
8.375%, 02/01/2011		3,120,000		3,042,000
8.500%, 09/15/2010		230,000		229,425
10.375%, 05/15/2014 (S)		460,000		487,600
11.125%, 11/15/2017 (S)		1,050,000		1,134,000
Station Casinos, Inc.
6.000%, 04/01/2012 (H)		5,610,000		813,450
6.500%, 02/01/2014 (H)		500,000		2,600
6.625%, 03/15/2018 (H)		1,705,000		8,866
7.750%, 08/15/2016 (H)		6,180,000		896,100
Wynn Las Vegas LLC
7.875%, 11/01/2017 (S)		865,000		856,350

				29,053,726
Media - 2.96%
CCH II LLC / CCH II Capital Corp.
13.500%, 11/30/2016		2,405,216		2,839,518
Cengage Learning Acquisitions, Inc.
13.250%, 07/15/2015 (S)		3,320,000		3,170,600
Charter Communications, Inc.
10.875%, 09/15/2014 (S)		5,225,000		5,819,344
Clear Channel Communications, Inc.
6.250%, 03/15/2011		2,060,000		1,957,000
CMP Susquehanna Corp.
1.000%, 05/15/2014		192,000		72,000
DISH DBS Corp.
7.750%, 05/31/2015		70,000		72,625
7.875%, 09/01/2019		4,915,000		5,062,450
Net Servicos De Comunicacao SA
7.500%, 01/27/2020 (S)		1,380,000		1,411,050
Nielsen Finance LLC, Steps up to 12.50%
on 08/01/11
maturing at 08/01/2016		2,240,000		2,027,200
Sun Media Corp.
7.625%, 02/15/2013		1,350,000		1,285,875
SuperMedia, Inc.
8.000%, 11/15/2016		6,615,000		115,763
Univision Communications, Inc.
12.000%, 07/01/2014 (S)		4,260,000		4,611,450
UPC Holding BV
9.875%, 04/15/2018 (S)		1,455,000		1,513,200

				29,958,075
Mining - 1.82%
FMG Finance Pty, Ltd.
10.625%, 09/01/2016 (S)		5,210,000		5,809,150
Novelis, Inc.
7.250%, 02/15/2015		1,351,000		1,253,053
11.500%, 02/15/2015		1,605,000		1,705,313


The accompanying notes are an integral part of the financial statements.	88

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Mining (continued)
Rio Tinto Finance USA, Ltd.
9.000%, 05/01/2019	$	1,005,000	$	1,302,379
Teck Resources, Ltd.
10.250%, 05/15/2016		1,220,000		1,454,850
10.750%, 05/15/2019		900,000		1,107,000
Vale Overseas, Ltd.
6.875%, 11/21/2036		1,612,000		1,636,559
8.250%, 01/17/2034		1,021,000		1,183,730
Vedanta Resources PLC
8.750%, 01/15/2014 (S)		2,870,000		3,027,850

				18,479,884
Miscellaneous Manufacturers - 0.29%
American Railcar Industries, Inc.
7.500%, 03/01/2014		1,610,000		1,561,700
Eastman Kodak Company
7.250%, 11/15/2013		1,000,000		942,500
Freedom Group, Inc.
10.250%, 08/01/2015 (S)		410,000		434,600

				2,938,800
Oil & Gas - 7.20%
Belden & Blake Corp.
8.750%, 07/15/2012		8,260,000		7,599,200
Berry Petroleum Company
10.250%, 06/01/2014		2,340,000		2,544,750
Chesapeake Energy Corp.
6.250%, 01/15/2018		5,065,000		4,723,113
6.500%, 08/15/2017		100,000		95,000
6.625%, 01/15/2016		1,000,000		965,000
7.250%, 12/15/2018		2,800,000		2,758,000
Corral Petroleum Holdings AB, PIK
1.751%, 04/15/2010 (S)		7,684,633		6,166,918
Denbury Resources, Inc.
8.250%, 02/15/2020		2,700,000		2,794,500
Encore Acquisition Company
9.500%, 05/01/2016		1,035,000		1,102,275
Hercules Offshore LLC
10.500%, 10/15/2017 (S)		1,980,000		1,970,100
KazMunaiGaz Finance Sub BV
8.375%, 07/02/2013 (S)		2,160,000		2,357,100
Mariner Energy, Inc.
7.500%, 04/15/2013		1,355,000		1,355,000
8.000%, 05/15/2017		1,760,000		1,680,800
OPTI Canada, Inc.
8.250%, 12/15/2014		3,895,000		3,466,550
9.000%, 12/15/2012 (S)		2,110,000		2,146,925
Parker Drilling Company
9.625%, 10/01/2013		350,000		358,750
Petrobras International Finance Company
6.875%, 01/20/2040		1,175,000		1,196,844
PetroHawk Energy Corp.
7.875%, 06/01/2015		1,390,000		1,390,000
9.125%, 07/15/2013		3,125,000		3,250,000
Plains Exploration & Production Company
8.625%, 10/15/2019		1,690,000		1,753,375
10.000%, 03/01/2016		3,355,000		3,648,563
Quicksilver Resources, Inc.
7.125%, 04/01/2016		1,675,000		1,557,750
8.250%, 08/01/2015		415,000		419,150
11.750%, 01/01/2016		1,105,000		1,254,175
SandRidge Energy, Inc.
8.000%, 06/01/2018 (S)		810,000		775,575
SandRidge Energy, Inc., PIK
8.625%, 04/01/2015		8,445,000		8,276,100


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Oil & Gas (continued)
Stone Energy Corp.
6.750%, 12/15/2014	$	3,855,000	$	3,411,675
W&T Offshore, Inc.
8.250%, 06/15/2014 (S)		2,630,000		2,472,200
Whiting Petroleum Corp.
7.000%, 02/01/2014		893,000		901,930
7.250%, 05/01/2012		595,000		597,975

				72,989,293
Oil & Gas Services - 1.25%
Basic Energy Services, Inc.
11.625%, 08/01/2014		3,950,000		4,236,375
Cie Generale de Geophysique-Veritas
7.500%, 05/15/2015		1,690,000		1,656,200
9.500%, 05/15/2016		240,000		252,600
Complete Production Services, Inc.
8.000%, 12/15/2016		2,485,000		2,416,663
Key Energy Services, Inc.
8.375%, 12/01/2014		4,157,000		4,115,430

				12,677,268
Packaging & Containers - 0.51%
Berry Plastics Corp.
8.875%, 09/15/2014		1,760,000		1,694,000
Radnor Holdings, Inc.
11.000%, 03/15/2010 (H)		2,350,000		235
Solo Cup Company
10.500%, 11/01/2013		3,310,000		3,467,225

				5,161,460
Pipelines - 1.81%
Atlas Pipeline Partners LP
8.750%, 06/15/2018		2,100,000		1,963,500
Crosstex Energy Finance Corp.
8.875%, 02/15/2018 (S)		1,860,000		1,887,900
Dynegy Holdings, Inc.
7.750%, 06/01/2019		9,695,000		7,610,575
Dynegy-Roseton Danskammer, Series B
7.670%, 11/08/2016		700,000		675,500
El Paso Corp.
7.375%, 12/15/2012		225,000		237,111
Enterprise Products Operating LLC
8.375%, 08/01/2066 (P)		1,140,000		1,152,825
Enterprise Products Operating LLC
(7.034% to 01/15/18 then greater of
3 month LIBOR + 268 bps or 7.034%)
maturing at 01/15/2068 (P)		3,350,000		3,174,125
MarkWest Energy Partners LP, Series B
8.750%, 04/15/2018		1,640,000		1,660,500

				18,362,036
Real Estate - 0.92%
Ashton Woods USA LLC, 0.00% Steps up
to 11.000% on 06/30/2012
maturing at 06/30/2015 (S)		1,638,000		614,250
Dupont Fabros Technology LP
8.500%, 12/15/2017 (S)		1,480,000		1,502,200
Host Hotels & Resorts LP
6.375%, 03/15/2015		350,000		343,875
Realogy Corp.
10.500%, 04/15/2014		7,570,000		6,320,950
Realogy Corp., PIK
11.000%, 04/15/2014		682,610		559,740

				9,341,015


The accompanying notes are an integral part of the financial statements.	89

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Retail - 2.82%
Blockbuster, Inc.
11.750%, 10/01/2014 (S)	$	3,161,000	$	2,275,920
El Pollo Loco, Inc.
11.750%, 12/01/2012 to 11/15/2013		7,770,000		7,111,425
Landry’s Restaurants, Inc.
11.625%, 12/01/2015 (S)		2,040,000		2,131,800
Michaels Stores, Inc.
10.000%, 11/01/2014		3,005,000		3,050,075
11.375%, 11/01/2016		1,800,000		1,809,000
Michaels Stores, Inc., 0.00% Steps up to
13.00% on 11/01/2011
maturing at 11/01/2016		3,460,000		2,819,900
Sbarro, Inc.
10.375%, 02/01/2015		3,120,000		2,550,600
The Neiman Marcus Group, Inc.
7.125%, 06/01/2028		3,055,000		2,627,300
The Neiman Marcus Group, Inc., PIK
9.000%, 10/15/2015		4,239,177		4,175,589

				28,551,609
Semiconductors - 0.39%
Advanced Micro Devices, Inc.
8.125%, 12/15/2017 (S)		290,000		293,625
Freescale Semiconductor, Inc.
8.875%, 12/15/2014		835,000		741,063
10.125%, 12/15/2016		2,422,000		1,889,160
Freescale Semiconductor, Inc., PIK
9.125%, 12/15/2014		1,222,324		1,054,254

				3,978,102
Software - 0.81%
First Data Corp
9.875%, 09/24/2015		4,055,000		3,467,025
First Data Corp., PIK
10.550%, 09/24/2015		5,440,000		4,719,200

				8,186,225
Telecommunications - 8.37%
ALLTEL Communications LLC, PIK
10.375%, 12/01/2017 (S)		3,940,000		4,681,287
Axtel SAB de CV
7.625%, 02/01/2017		5,050,000		4,977,771
CC Holdings GS V LLC
7.750%, 05/01/2017 (S)		2,430,000		2,630,475
Cincinnati Bell Telephone Company LLC
6.300%, 12/01/2028		2,115,000		1,639,125
Cricket Communications, Inc.
7.750%, 05/15/2016		2,870,000		2,916,638
Frontier Communications Corp.
8.125%, 10/01/2018		1,000,000		995,000
Globo Comunicacoes e Participacoes SA
7.250%, 04/26/2022 (S)		3,438,000		3,575,520
Hawaiian Telcom Communications, Inc.
12.500%, 05/01/2015 (H)		3,360,000		336
Intelsat Intermediate Holding
Company, Ltd., 0.00% Steps up to
9.50% on 04/26/2010
maturing at 02/01/2015		515,000		531,738
Intelsat Jackson Holdings SA
11.250%, 06/15/2016		2,875,000		3,069,063
Intelsat Jackson Holdings, Ltd.
8.500%, 11/01/2019 (S)		2,625,000		2,657,813
11.500%, 06/15/2016		12,205,000		12,998,325
Level 3 Financing, Inc.
9.250%, 11/01/2014		1,934,000		1,832,465
10.000%, 02/01/2018 (S)		2,000,000		1,835,000


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications (continued)
Nordic Telephone Company Holdings
8.875%, 05/01/2016 (S)	$	3,520,000	$	3,766,400
Qwest Communications International, Inc.
8.000%, 10/01/2015 (S)		425,000		439,875
Sprint Capital Corp.
8.375%, 03/15/2012		2,000,000		2,042,500
8.750%, 03/15/2032		14,050,000		12,399,125
True Move Company, Ltd.
10.375%, 08/01/2014 (S)		2,610,000		2,596,950
10.750%, 12/16/2013 (S)		10,600,000		10,706,950
UBS Luxembourg SA for OJSC
Vimpel Communications
8.250%, 05/23/2016		3,600,000		3,780,000
VIP Finance Ireland, Ltd. for OJSC
Vimpel Communications
8.375%, 04/30/2013 (S)		580,000		620,600
Virgin Media Finance PLC
9.125%, 08/15/2016		1,225,000		1,264,813
Windstream Corp.
8.625%, 08/01/2016		2,790,000		2,838,825

				84,796,594
Tobacco - 0.52%
Alliance One International, Inc.
10.000%, 07/15/2016 (S)		5,085,000		5,288,400
Transportation - 2.99%
Gulfmark Offshore, Inc.
7.750%, 07/15/2014		1,930,000		1,910,700
Horizon Lines, Inc.
4.250%, 08/15/2012		7,165,000		5,929,038
Kansas City Southern de Mexico SA
de CV
7.375%, 06/01/2014		2,975,000		2,960,125
8.000%, 02/01/2018 (S)		8,110,000		8,008,625
Marquette Transportation Finance
10.875%, 01/15/2017 (S)		590,000		593,688
RailAmerica, Inc.
9.250%, 07/01/2017		4,916,000		5,155,655
Teekay Corp.
8.500%, 01/15/2020		5,600,000		5,684,000

				30,241,831

TOTAL CORPORATE BONDS (Cost $848,438,025)			$	842,709,082


DEFAULTED BONDS BEYOND MATURITY DATE - 0.43%
Argentina - 0.43%
Republic of Argentina
7.000%, 03/18/2004 (H)		625,000		293,606
7.000%, 03/18/2004 (H)		6,100,000,000		1,447,747
7.625%, 08/11/2007 (H)		505,000,000		135,395
8.000%, 02/26/2008 (H)		304,137		144,945
8.000%, 10/30/2009 (H)		175,000,000		46,149
8.125%, 10/04/2004 (H)		375,000		169,781
8.125%, 04/21/2008 (H)		625,000		294,457
8.500%, 02/23/2005 (H)		2,400,000		576,454
9.000%, 06/20/2003 (H)		600,000		274,917
9.000%, 05/26/2009 (H)		100,000		54,466
9.250%, 10/21/2002 (H)		225,000		101,715
9.500%, 03/04/2004 (H)		456,000		254,574
9.750%, 11/26/2003 (H)		425,000		180,786
10.000%, 02/22/2007 (H)		775,000		374,624

				4,349,616


The accompanying notes are an integral part of the financial statements.	90

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value

DEFAULTED BONDS BEYOND MATURITY
DATE (continued)
United States - 0.00%
World Access, Inc.
13.250%, 01/15/2008 (H)	$	1,446,973	$	10,129

TOTAL DEFAULTED BONDS BEYOND MATURITY
DATE (Cost $3,628,894)			$	4,359,745

COMMON STOCKS - 1.40%
Consumer Discretionary - 0.85%
Media - 0.85%
Charter Communications,
Inc., Class A (I)(L)		268,271		7,981,062
Dex One Corp. (I)		6,287		187,353
SuperMedia, Inc. (I)		11,199		470,358

				8,638,773

				8,638,773
Energy - 0.07%
Gas Utilities - 0.07%
Semgroup LP, Class A (I)		27,952		677,836
Financials - 0.14%
Diversified Financial Services - 0.14%
CIT Group, Inc. (I)		39,683		1,445,652
Industrials - 0.03%
Building Products - 0.03%
Nortek, Inc. (I)		8,230		304,510
Materials - 0.31%
Chemicals - 0.31%
Georgia Gulf Corp. (I)		220,202		3,142,283
Telecommunication Services - 0.00%
Diversified Telecommunication Services - 0.00%
XO Holdings, Inc. (I)		821		608

TOTAL COMMON STOCKS (Cost $25,169,943)			$	14,209,662

PREFERRED STOCKS - 1.99%
Financials - 1.99%
Commercial Banks - 0.42%
GMAC, Inc. 7.000% (S)		3,645		2,579,863
Santander Finance Preferred SA
Unipersonal, Series 10 10.500% (L)		60,425		1,656,854

				4,236,717
Consumer Finance - 0.26%
Capital One Capital V 10.250%		2,340,000		2,654,129
Diversified Financial Services - 1.31%
Bank of America Corp., Series K (N)		560,000		533,747
Bank of America Corp., Series L 7.250%		9,380		8,512,350
Citigroup, Inc. 7.500%		38,800		4,161,688

				13,207,785

				20,098,631
Information Technology - 0.00%
Media - 0.00%
CMP Susquehanna Radio Holdings
Corp., Series A (N)(S)		44,870		16,826

TOTAL PREFERRED STOCKS (Cost $18,262,664)			$	20,115,457


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


TERM LOANS - 5.51%
Aerospace & Defense - 0.27%
Hawker Beechcraft Acquisition
Company LLC
2.234%, 03/26/2014 (P)	$	3,732,522	$	2,746,905
Airlines - 0.35%
United Air Lines, Inc.
7.452%, 01/12/2014 (P)		4,337,342		3,507,825
Auto Manufacturers - 0.14%
Ford Motor Company
3.560%, 11/29/2013 (P)		1,479,120		1,381,745
Auto Parts & Equipment - 0.52%
Allison Transmission, Inc.
3.320%, 08/07/2014 (P)		5,412,144		4,956,338
Penhall Holding Company
12.824%, 04/01/2012 (P)		3,330,429		333,043

				5,289,381
Banks - 0.14%
HSBC Bank PLC
8.900%, 12/20/2010 (P)		52,153,000		1,367,633
Chemicals - 0.49%
Lyondell Chemical Company
5.801%, 12/20/2014 (P)		2,997,041		2,096,679
5.940%, 06/03/2010 (P)		2,747,781		2,868,683

				4,965,362
Diversified Financial Services - 0.18%
CIT Group, Inc.
13.000%, 01/18/2012 (P)		1,800,000		1,859,251
Electric - 0.43%
Energy Future Holdings Corp.
8.500%, 10/10/2014 (P)		3,810,000		3,048,000
NRG Energy, Inc.
1.810%, 02/01/2014 (P)		1,334,099		1,286,951

				4,334,951
Healthcare Services - 0.56%
IASIS Healthcare LLC / IASIS
Capital Corp.
6.289%, 06/15/2014 (P)		6,256,451		5,709,012
Lodging - 0.20%
Harrah’s Operating Company, Inc.
9.500%, 10/31/2016 (P)		2,000,000		1,994,444
Media - 0.68%
Citadel Broadcasting Corp.
6.860%, 06/12/2014 (P)		500,000		413,215
Newsday LLC
9.750%, 07/15/2013 (P)		5,000,000		5,343,750
SuperMedia, Inc.
10.250%, 12/31/2015 (P)		1,289,616		1,174,760

				6,931,725
Oil & Gas - 0.98%
Ashmore Energy International
3.250%, 03/30/2014 (P)		3,368,141		3,060,799
Turbo Beta, Ltd.
14.500%, 03/15/2018 (P)		7,941,283		6,908,916

				9,969,715
Real Estate - 0.43%
Realogy Corp.
13.500%, 10/15/2017 (P)		4,000,000		4,350,000
Retail - 0.14%
Michaels Stores, Inc.
2.500%, 07/31/2016 (P)		856,128		815,581


The accompanying notes are an integral part of the financial statements.	91

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


High Yield Fund (continued)
		Shares or
		Principal
		Amount		Value


TERM LOANS (continued)
Retail (continued)
Michaels Stores, Inc. (continued)
7.706%, 10/31/2013 (P)	$	636,160	$	572,942

				1,388,523

TOTAL TERM LOANS (Cost $57,932,080)			$	55,796,472


WARRANTS - 0.04%
Banks - 0.00%
CNB Capital Trust I (Expiration
Date: 03/23/2019) (I)		51,274		1,361
Building Materials - 0.01%
Nortek, Inc. (Expiration
Date: 12/07/2014) (I)		12,027		153,224
Hotels & Restaurants - 0.00%
Buffets Restaurants Holdings, Inc.
(Expiration Date: 04/28/2014) (I)		4,996		0
Media - 0.00%
Charter Communications, Inc., Class A
(Expiration Date: 11/30/2014; Strike
Price: 51.28) (I)		5,718		22,872
Pipelines - 0.02%
Semgroup LP (Expiration
Date: 11/30/2014) (I)		29,423		176,538
Republic of Venezuela - 0.01%
Republic of Venezuela (Expiration
Date: 04/15/2020) (I)		305,000		82,350

TOTAL WARRANTS (Cost $266,415)			$	436,345


SHORT-TERM INVESTMENTS - 2.04%
Repurchase Agreement - 1.84%
JPMorgan Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.06% to be
repurchased at $18,600,093 on
03/01/2010, collateralized by
$18,974,000 Federal Home Loan
Mortgage Corp., zero coupon due
04/26/2010 (valued at $18,972,000,
including interest)	$	18,600,000		18,600,000
*Short-Term Securities - 0.06%**
Federal National Mortgage Association
Discount Notes, 0.220%, 08/26/2010 (F)		605,000		604,402
Securities Lending Collateral - 0.14%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		141,376		1,415,187

TOTAL SHORT-TERM INVESTMENTS (Cost $20,619,573)			$	20,619,589

Total Investments (High Yield Fund)
(Cost $1,012,129,641) - 98.10%			$	994,054,459
Other assets and liabilities, net - 1.90%				19,263,335

TOTAL NET ASSETS - 100.00%			$	1,013,317,794


For sector weighting information see pages 3-8.


Index 500 Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 96.42%
Consumer Discretionary - 9.55%
Auto Components - 0.23%
Johnson Controls, Inc.	133,453	$	4,150,387
The Goodyear Tire & Rubber Company (I)	48,156		625,546

			4,775,933
Automobiles - 0.43%
Ford Motor Company (I)(L)	657,658		7,720,905
Harley-Davidson, Inc. (L)	46,622		1,147,367

			8,868,272
Distributors - 0.06%
Genuine Parts Company	31,729		1,280,582
Diversified Consumer Services - 0.17%
Apollo Group, Inc., Class A (I)	25,556		1,530,293
DeVry, Inc.	12,289		776,050
H & R Block, Inc.	66,680		1,152,230

			3,458,573
Hotels, Restaurants & Leisure - 1.46%
Carnival Corp.	86,900		3,124,924
Darden Restaurants, Inc.	27,765		1,125,871
International Game Technology	59,062		1,036,538
Marriott International, Inc., Class A (L)	50,440		1,367,428
McDonald’s Corp.	214,610		13,702,849
Starbucks Corp. (I)	147,735		3,384,609
Starwood Hotels & Resorts Worldwide, Inc.	37,189		1,439,214
Wyndham Worldwide Corp.	35,520		816,605
Wynn Resorts, Ltd.	13,712		871,672
Yum! Brands, Inc.	93,008		3,136,230

			30,005,940
Household Durables - 0.35%
Black & Decker Corp.	11,978		868,046
D.R. Horton, Inc.	54,961		679,318
Fortune Brands, Inc.	29,897		1,310,386
Harman International Industries, Inc. (I)	13,793		595,030
Leggett & Platt, Inc.	30,249		573,219
Lennar Corp., Class A	32,082		526,466
Newell Rubbermaid, Inc.	55,224		759,330
Pulte Group, Inc. (I)	62,782		679,929
Whirlpool Corp. (L)	14,771		1,243,127

			7,234,851
Internet & Catalog Retail - 0.53%
Amazon.com, Inc. (I)	66,300		7,849,920
Expedia, Inc.	41,918		932,256
Priceline.com, Inc. (I)	8,740		1,981,882

			10,764,058
Leisure Equipment & Products - 0.14%
Eastman Kodak Company (I)(L)	53,334		316,804
Hasbro, Inc.	24,772		886,342
Mattel, Inc.	71,885		1,580,751

			2,783,897
Media - 2.84%
CBS Corp., Class B	134,665		1,749,298
Comcast Corp., Class A	567,688		9,332,791
DIRECTV, Class A (I)	190,282		6,441,046
Discovery Communications, Inc., Series A (I)	56,360		1,755,614
Gannett Company, Inc.	46,979		711,732
Interpublic Group of Companies, Inc. (I)	96,671		725,033
Meredith Corp. (L)	7,296		224,133
News Corp., Class A	448,080		5,990,830
Omnicom Group, Inc.	61,895		2,266,595
Scripps Networks Interactive, Inc., Class A	17,786		703,970


The accompanying notes are an integral part of the financial statements.	92

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Media (continued)
The McGraw-Hill Companies, Inc.	62,622	$	2,141,672
The New York Times Company (I)(L)	22,995		251,565
The Walt Disney Company	382,513		11,949,706
The Washington Post Company, Class B	1,234		518,663
Time Warner Cable, Inc.	70,086		3,272,315
Time Warner, Inc.	232,188		6,742,740
Viacom, Inc., Class B (I)	120,710		3,579,052

			58,356,755
Multiline Retail - 0.85%
Big Lots, Inc. (I)	16,431		550,439
Family Dollar Stores, Inc. (L)	27,602		910,590
J.C. Penney Company, Inc.	46,905		1,293,640
Kohl’s Corp. (I)	60,972		3,281,513
Macy’s, Inc.	83,723		1,603,295
Nordstrom, Inc. (L)	32,871		1,214,255
Sears Holdings Corp. (I)(L)	9,653		923,503
Target Corp.	149,607		7,707,753

			17,484,988
Specialty Retail - 2.01%
Abercrombie & Fitch Company, Class A	17,497		637,241
AutoNation, Inc. (I)(L)	18,389		326,405
AutoZone, Inc. (I)	5,950		987,284
Bed Bath & Beyond, Inc. (I)	52,238		2,173,623
Best Buy Company, Inc.	67,924		2,479,226
GameStop Corp., Class A (I)(L)	32,748		563,266
Home Depot, Inc.	338,148		10,550,218
Limited Brands, Inc.	53,196		1,176,164
Lowe’s Companies, Inc.	292,732		6,940,676
O’Reilly Automotive, Inc. (I)	27,282		1,072,183
Office Depot, Inc. (I)	54,632		394,443
RadioShack Corp.	24,897		486,985
Ross Stores, Inc.	24,877		1,216,734
Staples, Inc.	143,956		3,708,307
The Gap, Inc.	94,677		2,035,556
The Sherwin-Williams Company	18,933		1,199,974
Tiffany & Company (L)	24,749		1,098,608
TJX Companies, Inc.	83,464		3,474,606
Urban Outfitters, Inc. (I)	25,490		821,033

			41,342,532
Textiles, Apparel & Luxury Goods - 0.48%
Coach, Inc.	63,422		2,311,098
NIKE, Inc., Class B	77,478		5,237,513
Polo Ralph Lauren Corp. (L)	11,424		913,120
VF Corp.	17,657		1,366,299

			9,828,030

			196,184,411
Consumer Staples - 11.22%
Beverages - 2.56%
Brown Forman Corp.	21,849		1,144,014
Coca-Cola Enterprises, Inc.	63,199		1,614,734
Constellation Brands, Inc., Class A (I)	39,657		596,441
Dr. Pepper Snapple Group, Inc.	50,524		1,604,137
Molson Coors Brewing Company	31,276		1,262,925
Pepsi Bottling Group, Inc.	28,646		1,095,137
PepsiCo, Inc.	337,392		21,076,878
The Coca-Cola Company	460,800		24,293,376

			52,687,642
Food & Staples Retailing - 2.65%
Costco Wholesale Corp.	86,702		5,286,221
CVS Caremark Corp.	280,503		9,466,976
Safeway, Inc.	80,818		2,013,985


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Food & Staples Retailing (continued)
SUPERVALU, Inc.	42,160	$	643,783
Sysco Corp.	117,695		3,401,386
The Kroger Company	129,424		2,860,270
Wal-Mart Stores, Inc.	424,312		22,942,550
Walgreen Company	196,640		6,929,594
Whole Foods Market, Inc. (I)	27,968		992,584

			54,537,349
Food Products - 1.69%
Archer-Daniels-Midland Company	127,739		3,750,417
Campbell Soup Company	37,768		1,258,807
ConAgra Foods, Inc.	88,083		2,154,510
Dean Foods Company (I)	35,893		523,679
General Mills, Inc.	64,945		4,676,689
H.J. Heinz Company	62,770		2,881,143
Hormel Foods Corp.	13,879		570,566
J.M. Smucker Company	23,670		1,412,626
Kellogg Company	50,554		2,636,391
Kraft Foods, Inc., Class A	341,128		9,698,269
McCormick & Company, Inc.	26,037		966,233
Sara Lee Corp.	138,669		1,880,352
The Hershey Company	33,068		1,314,784
Tyson Foods, Inc., Class A	60,674		1,033,885

			34,758,351
Household Products - 2.52%
Clorox Company	27,802		1,704,541
Colgate-Palmolive Company	98,873		8,200,527
Kimberly-Clark Corp.	82,603		5,017,306
The Procter & Gamble Company	581,023		36,767,135

			51,689,509
Personal Products - 0.29%
Avon Products, Inc.	84,926		2,585,147
Mead Johnson Nutrition Company	40,667		1,923,549
The Estee Lauder Companies, Inc., Class A	23,474		1,411,492

			5,920,188
Tobacco - 1.51%
Altria Group, Inc.	412,086		8,291,170
Lorillard, Inc.	31,945		2,333,263
Philip Morris International, Inc.	378,770		18,552,155
Reynolds American, Inc.	33,607		1,774,450

			30,951,038

			230,544,077
Energy - 10.77%
Energy Equipment & Services - 1.81%
Baker Hughes, Inc.	61,625		2,953,070
BJ Services Company	58,365		1,275,275
Cameron International Corp. (I)	48,605		1,999,124
Diamond Offshore Drilling, Inc. (L)	13,822		1,206,937
FMC Technologies, Inc. (I)	24,296		1,364,706
Halliburton Company	179,360		5,407,704
Helmerich & Payne, Inc.	20,973		849,826
Nabors Industries, Ltd. (I)	56,335		1,241,623
National Oilwell Varco, Inc.	83,191		3,616,313
Rowan Companies, Inc. (I)	22,621		588,598
Schlumberger, Ltd.	238,787		14,589,886
Smith International, Inc.	49,201		2,016,749

			37,109,811
Oil, Gas & Consumable Fuels - 8.96%
Anadarko Petroleum Corp.	97,743		6,854,717
Apache Corp.	66,853		6,928,645
Cabot Oil & Gas Corp.	20,613		827,406


The accompanying notes are an integral part of the financial statements.	93

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Chesapeake Energy Corp.	128,804	$	3,422,322
Chevron Corp.	398,971		28,845,603
ConocoPhillips	295,051		14,162,448
CONSOL Energy, Inc.	35,961		1,810,996
Denbury Resources, Inc. (I)	49,680		699,494
Devon Energy Corp.	88,316		6,081,440
El Paso Corp.	139,458		1,460,125
EOG Resources, Inc.	50,184		4,719,805
Exxon Mobil Corp.	944,056		61,363,624
Hess Corp.	57,888		3,403,814
Marathon Oil Corp.	140,763		4,075,089
Massey Energy Company	17,012		732,707
Murphy Oil Corp.	37,969		1,970,591
Noble Energy, Inc.	34,498		2,505,935
Occidental Petroleum Corp.	161,410		12,888,589
Peabody Energy Corp.	53,263		2,448,500
Pioneer Natural Resources Company	22,933		1,069,824
Range Resources Corp. (L)	31,367		1,587,484
Southwestern Energy Company (I)	68,666		2,921,738
Spectra Energy Corp.	128,616		2,803,829
Sunoco, Inc.	23,249		613,076
Tesoro Corp. (L)	27,881		332,342
The Williams Companies, Inc.	115,963		2,497,843
Valero Energy Corp.	112,228		1,966,235
XTO Energy, Inc.	115,407		5,274,100

			184,268,321

			221,378,132
Financials - 15.38%
Commercial Banks - 2.85%
BB&T Corp. (L)	136,741		3,901,221
Comerica, Inc.	30,053		1,084,312
Fifth Third Bancorp	158,159		1,931,121
First Horizon National Corp. (I)	44,131		564,877
Huntington Bancshares, Inc. (L)	142,196		683,963
KeyCorp	174,710		1,249,177
M&T Bank Corp. (L)	16,439		1,272,872
Marshall & Ilsley Corp.	104,343		738,748
PNC Financial Services Group, Inc.	101,686		5,466,639
Regions Financial Corp.	236,255		1,594,721
SunTrust Banks, Inc. (L)	99,262		2,363,428
U.S. Bancorp	380,309		9,359,404
Wells Fargo & Company	1,016,398		27,788,321
Zions Bancorp (L)	27,485		509,572

			58,508,376
Consumer Finance - 0.73%
American Express Company	236,481		9,031,209
Capital One Financial Corp.	89,473		3,377,606
Discover Financial Services	107,945		1,473,449
SLM Corp. (I)	94,378		1,055,146

			14,937,410
Diversified Financial Services - 6.85%
Ameriprise Financial, Inc.	50,711		2,029,961
Bank of America Corp.	1,976,047		32,920,943
Citigroup, Inc. (I)	3,877,803		13,184,530
CME Group, Inc.	13,228		3,990,755
E*TRADE Financial Corp. (I)	307,908		495,732
Federated Investors, Inc., Class B (L)	17,521		438,200
Franklin Resources, Inc.	29,633		3,014,269
IntercontinentalExchange, Inc. (I)	14,568		1,563,001
Invesco, Ltd.	85,268		1,671,253
Janus Capital Group, Inc.	36,197		452,463
JPMorgan Chase & Company	783,647		32,889,665


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Diversified Financial Services (continued)
Legg Mason, Inc.	32,309	$	835,188
Leucadia National Corp. (I)	37,713		895,307
Moody’s Corp. (L)	39,035		1,039,112
Morgan Stanley	270,341		7,618,209
Northern Trust Corp.	48,026		2,559,306
NYSE Euronext	51,704		1,363,952
State Street Corp.	98,370		4,417,797
T. Rowe Price Group, Inc. (L)	51,207		2,595,683
The Bank of New York Mellon Corp.	239,479		6,829,941
The Charles Schwab Corp.	189,505		3,469,837
The Goldman Sachs Group, Inc.	102,232		15,983,973
The NASDAQ OMX Group, Inc. (I)	29,380		547,349

			140,806,426
Insurance - 3.67%
Aflac, Inc.	93,047		4,601,174
American International Group, Inc. (I)(L)	26,768		663,043
Aon Corp.	54,473		2,230,125
Assurant, Inc.	23,227		708,888
Berkshire Hathaway, Inc., Class B (I)(L)	325,326		26,068,372
Chubb Corp.	67,926		3,427,546
Cincinnati Financial Corp.	32,355		870,350
Genworth Financial, Inc., Class A (I)(L)	97,155		1,548,651
Hartford Financial Services Group, Inc.	76,166		1,856,165
Lincoln National Corp.	60,073		1,512,638
Loews Corp.	71,768		2,616,661
Marsh & McLennan Companies, Inc.	104,903		2,435,848
MetLife, Inc.	162,826		5,925,238
Principal Financial Group, Inc.	63,426		1,472,117
Prudential Financial, Inc.	92,272		4,835,976
The Allstate Corp.	106,686		3,333,938
The Progressive Corp.	134,078		2,299,438
The Travelers Companies, Inc.	108,653		5,714,061
Torchmark Corp.	16,463		765,530
Unum Group	65,975		1,372,940
XL Capital, Ltd.	68,037		1,243,036

			75,501,735
Real Estate Investment Trusts - 1.13%
Apartment Investment & Management
Company, Class A	23,268		388,343
AvalonBay Communities, Inc. (L)	16,194		1,318,515
Boston Properties, Inc.	27,586		1,873,917
Equity Residential	54,915		1,981,333
HCP, Inc. (L)	58,294		1,677,701
Health Care, Inc.	24,462		1,036,210
Host Hotels & Resorts, Inc. (I)	125,509		1,469,710
Kimco Realty Corp.	79,888		1,109,644
Plum Creek Timber Company, Inc. (L)	32,378		1,156,866
ProLogis (L)	94,103		1,212,988
Public Storage, Inc.	26,972		2,216,829
Simon Property Group, Inc.	56,699		4,438,965
Ventas, Inc.	31,143		1,376,209
Vornado Realty Trust	31,181		2,049,215

			23,306,445
Real Estate Management & Development - 0.03%
CB Richard Ellis Group, Inc. (I)(L)	53,639		708,035
Thrifts & Mortgage Finance - 0.12%
Hudson City Bancorp, Inc. (L)	94,017		1,271,110
People’s United Financial, Inc.	69,254		1,092,136

			2,363,246

			316,131,673


The accompanying notes are an integral part of the financial statements.	94

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care - 12.15%
Biotechnology - 1.58%
Amgen, Inc. (I)	201,276	$	11,394,234
Biogen Idec, Inc. (I)	57,511		3,163,680
Celgene Corp. (I)	91,397		5,439,949
Cephalon, Inc. (I)(L)	14,847		1,019,543
Genzyme Corp. (I)	52,775		3,018,730
Gilead Sciences, Inc. (I)	178,961		8,520,333

			32,556,469
Health Care Equipment & Supplies - 1.92%
Baxter International, Inc.	119,887		6,825,167
Becton, Dickinson & Company	47,154		3,671,882
Boston Scientific Corp. (I)	300,366		2,324,833
C.R. Bard, Inc.	19,198		1,608,408
CareFusion Corp. (I)	35,220		888,953
DENTSPLY International, Inc.	30,234		1,000,443
Hospira, Inc. (I)	32,247		1,687,486
Intuitive Surgical, Inc. (I)	7,595		2,636,528
Medtronic, Inc.	220,102		9,552,427
St. Jude Medical, Inc. (I)	66,471		2,540,522
Stryker Corp.	56,158		2,981,990
Varian Medical Systems, Inc. (I)(L)	24,749		1,211,959
Zimmer Holdings, Inc. (I)	42,354		2,428,155

			39,358,753
Health Care Providers & Services - 2.15%
Aetna, Inc.	86,207		2,585,348
AmerisourceBergen Corp.	57,289		1,606,384
Cardinal Health, Inc.	72,127		2,450,154
CIGNA Corp.	54,377		1,862,956
Coventry Health Care, Inc. (I)	29,428		682,141
DaVita, Inc. (I)	20,324		1,252,162
Express Scripts, Inc. (I)	54,631		5,245,122
Humana, Inc. (I)	33,773		1,598,476
Laboratory Corp. of America Holdings (I)	21,119		1,548,234
McKesson Corp.	53,292		3,152,222
Medco Health Solutions, Inc. (I)	94,811		5,995,848
Patterson Companies, Inc. (I)	18,510		549,377
Quest Diagnostics, Inc.	30,887		1,752,837
Tenet Healthcare Corp. (I)	86,112		453,810
UnitedHealth Group, Inc.	231,081		7,824,403
WellPoint, Inc. (I)	91,148		5,639,327

			44,198,801
Life Sciences Tools & Services - 0.41%
Life Technologies Corp. (I)	35,465		1,800,203
Millipore Corp. (I)	11,059		1,044,080
PerkinElmer, Inc.	23,221		515,738
Thermo Fisher Scientific, Inc. (I)	81,198		3,960,026
Waters Corp. (I)	18,831		1,123,457

			8,443,504
Pharmaceuticals - 6.09%
Abbott Laboratories	307,588		16,695,877
Allergan, Inc.	61,152		3,573,111
Bristol-Myers Squibb Company (L)	340,392		8,343,008
Eli Lilly & Company	201,078		6,905,019
Forest Laboratories, Inc. (I)	60,010		1,793,099
Johnson & Johnson	548,681		34,566,903
King Pharmaceuticals, Inc. (I)	49,366		555,368
Merck & Company, Inc.	607,421		22,401,686
Mylan, Inc. (I)(L)	60,768		1,296,789
Pfizer, Inc.	1,604,727		28,162,959


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Pharmaceuticals (continued)
Watson Pharmaceuticals, Inc. (I)	21,107	$	839,848

			125,133,667

			249,691,194
Industrials - 9.90%
Aerospace & Defense - 2.78%
Boeing Company	144,493		9,126,178
General Dynamics Corp.	76,721		5,566,109
Goodrich Corp.	24,730		1,623,030
Honeywell International, Inc.	151,741		6,093,919
ITT Corp.	36,332		1,861,288
L-3 Communications Holdings, Inc.	23,113		2,112,990
Lockheed Martin Corp.	63,608		4,946,158
Northrop Grumman Corp.	62,394		3,822,256
Precision Castparts Corp.	27,985		3,155,309
Raytheon Company	76,208		4,285,938
Rockwell Collins, Inc.	31,268		1,759,763
United Technologies Corp.	186,441		12,799,175

			57,152,113
Air Freight & Logistics - 0.98%
C.H. Robinson Worldwide, Inc.	33,357		1,778,929
Expeditors International of Washington, Inc.	42,169		1,537,903
FedEx Corp.	62,148		5,267,664
United Parcel Service, Inc., Class B	197,431		11,597,097

			20,181,593
Airlines - 0.09%
Southwest Airlines Company	147,544		1,856,104
Building Products - 0.05%
Masco Corp.	71,412		954,778
Commercial Services & Supplies - 0.49%
Avery Dennison Corp.	22,421		708,504
Cintas Corp.	26,143		648,085
Iron Mountain, Inc. (I)	35,991		931,447
Pitney Bowes, Inc. (L)	41,192		943,297
R.R. Donnelley & Sons Company	40,827		812,049
Republic Services, Inc.	64,256		1,808,164
Stericycle, Inc. (I)(L)	16,749		924,210
Waste Management, Inc.	97,374		3,215,289

			9,991,045
Construction & Engineering - 0.16%
Fluor Corp.	35,594		1,523,423
Jacobs Engineering Group, Inc. (I)	24,726		959,369
Quanta Services, Inc. (I)	41,727		792,813

			3,275,605
Electrical Equipment - 0.52%
Emerson Electric Company	149,574		7,080,833
First Solar, Inc. (I)(L)	9,647		1,021,617
Rockwell Automation, Inc.	28,289		1,530,152
Roper Industries, Inc.	18,107		1,003,852

			10,636,454
Industrial Conglomerates - 2.25%
3M Company	140,786		11,283,998
General Electric Company	2,117,386		34,005,219
Textron, Inc. (L)	53,915		1,073,987

			46,363,204
Machinery - 1.62%
Caterpillar, Inc. (L)	123,837		7,064,901
Cummins, Inc.	40,129		2,278,525
Danaher Corp.	51,744		3,827,504
Deere & Company	84,108		4,819,388


The accompanying notes are an integral part of the financial statements.	95

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Machinery (continued)
Dover Corp.	37,024	$	1,675,706
Eaton Corp.	32,971		2,245,985
Flowserve Corp.	11,106		1,111,600
Illinois Tool Works, Inc.	76,701		3,491,430
PACCAR, Inc.	72,288		2,555,381
Pall Corp.	23,245		917,480
Parker-Hannifin Corp.	31,956		1,927,266
Snap-on, Inc.	11,480		484,686
Stanley Works (L)	15,993		915,599

			33,315,451
Professional Services - 0.13%
Dun & Bradstreet Corp.	10,336		725,174
Equifax, Inc.	25,150		811,339
Monster Worldwide, Inc. (I)	24,997		348,708
Robert Half International, Inc. (L)	30,022		837,614

			2,722,835
Road & Rail - 0.71%
CSX Corp.	78,065		3,704,965
Norfolk Southern Corp.	73,160		3,762,619
Ryder Systems, Inc.	11,147		393,378
Union Pacific Corp.	100,336		6,759,636

			14,620,598
Trading Companies & Distributors - 0.12%
Fastenal Company (L)	26,253		1,164,846
W.W. Grainger, Inc.	12,562		1,276,927

			2,441,773

			203,511,553
Information Technology - 18.07%
Communications Equipment - 2.35%
Cisco Systems, Inc. (I)	1,143,972		27,832,839
Harris Corp.	26,194		1,184,493
JDS Uniphase Corp. (I)	44,270		475,017
Juniper Networks, Inc. (I)	104,490		2,923,630
Motorola, Inc. (I)	459,561		3,106,632
QUALCOMM, Inc.	332,162		12,187,024
Tellabs, Inc.	76,797		530,667

			48,240,302
Computers & Peripherals - 5.47%
Apple, Inc. (I)	179,111		36,649,693
Dell, Inc. (I)	342,412		4,530,111
EMC Corp. (I)	405,644		7,094,714
Hewlett-Packard Company	471,516		23,948,298
International Business Machines Corp.	261,226		33,217,498
Lexmark International, Inc. (I)	15,532		523,584
NetApp, Inc. (I)	67,396		2,022,554
QLogic Corp. (I)	22,791		414,796
SanDisk Corp. (I)	45,383		1,322,007
Teradata Corp. (I)	34,045		1,038,032
Western Digital Corp. (I)	44,820		1,731,397

			112,492,684
Electronic Equipment, Instruments & Components - 0.53%
Agilent Technologies, Inc. (I)	68,630		2,159,100
Amphenol Corp., Class A	34,104		1,420,432
Corning, Inc.	309,448		5,455,568
FLIR Systems, Inc. (I)(L)	30,184		809,233
Jabil Circuit, Inc.	37,908		575,064
Molex, Inc.	26,949		551,107

			10,970,504


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Internet Software & Services - 1.75%
Akamai Technologies, Inc. (I)(L)	34,061	$	895,804
eBay, Inc. (I)	223,695		5,149,459
Google, Inc., Class A (I)	47,951		25,260,587
VeriSign, Inc. (I)(L)	38,250		953,190
Yahoo!, Inc. (I)	236,825		3,625,791

			35,884,831
IT Services - 1.42%
Automatic Data Processing, Inc.	100,353		4,175,688
Cognizant Technology Solutions
Corp., Class A (I)	58,607		2,820,755
Computer Sciences Corp. (I)	30,310		1,569,755
Fidelity National Information Services, Inc.	65,183		1,469,225
Fiserv, Inc. (I)	30,604		1,476,031
MasterCard, Inc.	19,094		4,284,121
Paychex, Inc.	63,960		1,914,962
SAIC, Inc. (I)	60,889		1,199,513
The Western Union Company	137,634		2,171,865
Total Systems Services, Inc.	39,214		558,407
Visa, Inc., Class A (L)	89,077		7,596,487

			29,236,809
Office Electronics - 0.12%
Xerox Corp.	268,683		2,517,560
Semiconductors & Semiconductor Equipment - 2.39%
Advanced Micro Devices, Inc. (I)	111,969		885,675
Altera Corp.	58,738		1,434,969
Analog Devices, Inc.	58,041		1,697,119
Applied Materials, Inc.	265,226		3,246,366
Broadcom Corp., Class A	85,657		2,682,777
Intel Corp.	1,098,118		22,544,363
KLA-Tencor Corp.	33,984		989,954
Linear Technology Corp. (L)	44,368		1,205,479
LSI Corp. (I)	129,888		700,096
MEMC Electronic Materials, Inc. (I)	44,458		538,386
Microchip Technology, Inc. (L)	36,509		987,934
Micron Technology, Inc. (I)	169,004		1,531,176
National Semiconductor Corp.	47,053		681,327
Novellus Systems, Inc. (I)	19,291		426,717
NVIDIA Corp. (I)	110,348		1,787,638
Teradyne, Inc. (I)(L)	34,778		347,432
Texas Instruments, Inc.	249,150		6,074,277
Xilinx, Inc.	55,057		1,422,122

			49,183,807
Software - 4.04%
Adobe Systems, Inc. (I)	104,156		3,609,005
Autodesk, Inc. (I)	45,682		1,273,614
BMC Software, Inc. (I)	36,470		1,343,555
CA, Inc.	78,851		1,774,148
Citrix Systems, Inc. (I)	36,388		1,565,048
Compuware Corp. (I)	45,832		343,282
Electronic Arts, Inc. (I)(L)	64,725		1,073,141
Intuit, Inc. (I)	62,992		2,038,421
McAfee, Inc. (I)	31,366		1,244,917
Microsoft Corp.	1,536,180		44,026,919
Novell, Inc. (I)	68,967		323,455
Oracle Corp.	777,605		19,167,963
Red Hat, Inc. (I)	37,342		1,047,443
Salesforce.com, Inc. (I)	21,857		1,485,183
Symantec Corp. (I)	161,190		2,667,695

			82,983,789

			371,510,286


The accompanying notes are an integral part of the financial statements.	96

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Index 500 Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Materials - 3.29%
Chemicals - 1.81%
Air Products & Chemicals, Inc.	42,100	$	2,887,218
Airgas, Inc.	16,328		1,047,278
CF Industries Holdings, Inc.	9,657		1,025,960
E.I. Du Pont de Nemours & Company	179,718		6,060,091
Eastman Chemical Company	14,459		861,033
Ecolab, Inc.	47,241		1,990,736
FMC Corp.	14,378		821,990
International Flavors & Fragrances, Inc.	15,719		661,927
Monsanto Company	108,391		7,657,824
PPG Industries, Inc.	33,207		2,043,559
Praxair, Inc.	61,013		4,584,517
Sigma-Aldrich Corp.	24,200		1,154,098
The Dow Chemical Company	227,444		6,438,940

			37,235,171
Construction Materials - 0.05%
Vulcan Materials Company (L)	24,937		1,082,515
Containers & Packaging - 0.19%
Ball Corp. (L)	18,713		1,011,251
Bemis Company, Inc.	21,516		629,773
Owens-Illinois, Inc. (I)	33,510		993,236
Pactiv Corp. (I)	26,313		651,510
Sealed Air Corp.	31,611		645,813

			3,931,583
Metals & Mining - 1.02%
AK Steel Holding Corp.	21,749		468,256
Alcoa, Inc.	193,768		2,577,114
Allegheny Technologies, Inc. (L)	19,504		851,545
Cliffs Natural Resources, Inc.	26,046		1,468,994
Freeport-McMoRan Copper & Gold, Inc.	85,487		6,425,203
Newmont Mining Corp.	97,476		4,803,617
Nucor Corp.	62,604		2,591,806
Titanium Metals Corp. (I)	16,825		198,367
United States Steel Corp. (L)	28,507		1,509,161

			20,894,063
Paper & Forest Products - 0.22%
International Paper Company	86,126		1,995,539
MeadWestvaco Corp.	34,033		780,717
Weyerhaeuser Company	42,031		1,698,052

			4,474,308

			67,617,640
Telecommunication Services - 2.72%
Diversified Telecommunication Services - 2.44%
AT&T, Inc.	1,173,486		29,114,188
CenturyTel, Inc.	59,167		2,027,653
Frontier Communications Corp. (L)	62,113		483,860
Qwest Communications International, Inc.	295,287		1,346,509
Verizon Communications, Inc.	564,898		16,342,499
Windstream Corp.	86,851		879,801

			50,194,510
Wireless Telecommunication Services - 0.28%
American Tower Corp., Class A (I)	79,834		3,405,718
MetroPCS Communications, Inc. (I)(L)	51,857		319,958
Sprint Nextel Corp. (I)	590,418		1,966,092

			5,691,768

			55,886,278
Utilities - 3.37%
Electric Utilities - 1.78%
Allegheny Energy, Inc.	33,720		763,758


Index 500 Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Electric Utilities (continued)
American Electric Power Company, Inc.		94,988	$	3,193,497
Duke Energy Corp.		259,437		4,241,795
Edison International		64,791		2,114,130
Entergy Corp.		37,572		2,854,345
Exelon Corp.		131,126		5,677,756
FirstEnergy Corp.		60,620		2,342,963
FPL Group, Inc.		82,199		3,811,568
Northeast Utilities		34,893		893,261
Pepco Holdings, Inc.		44,068		741,224
Pinnacle West Capital Corp.		20,141		733,334
PPL Corp.		74,985		2,135,573
Progress Energy, Inc.		55,607		2,129,192
Southern Company		159,132		5,055,624

				36,688,020
Gas Utilities - 0.14%
EQT Corp.		26,035		1,139,292
Nicor, Inc.		8,995		374,642
Questar Corp.		34,675		1,456,003

				2,969,937
Independent Power Producers & Energy Traders - 0.20%
Constellation Energy Group, Inc.		39,952		1,401,117
NRG Energy, Inc. (I)		49,300		1,076,712
The AES Corp. (I)		132,758		1,551,941

				4,029,770
Multi-Utilities - 1.25%
Ameren Corp.		47,115		1,164,212
CenterPoint Energy, Inc.		77,629		1,038,676
CMS Energy Corp. (L)		45,661		697,243
Consolidated Edison, Inc. (L)		55,801		2,385,493
Dominion Resources, Inc. (L)		118,769		4,512,034
DTE Energy Company		32,798		1,424,089
Integrys Energy Group, Inc. (L)		15,197		669,884
NiSource, Inc.		54,838		823,667
PG&E Corp.		73,770		3,092,438
Public Service Enterprise Group, Inc.		100,621		2,990,456
SCANA Corp.		22,038		794,470
Sempra Energy		49,008		2,409,723
TECO Energy, Inc. (L)		42,511		651,694
Wisconsin Energy Corp.		23,249		1,125,949
Xcel Energy, Inc.		90,809		1,889,735

				25,669,763

				69,357,490

TOTAL COMMON STOCKS (Cost $1,680,751,281)			$	1,981,812,734


SHORT-TERM INVESTMENTS - 8.26%
*Short-Term Securities - 3.09%**
Federal Home Loan Bank Discount Notes	$	4,320,000		4,320,000
Federal Home Loan Bank Discount Notes,
0.053% due 04/16/2010		35,000,000		34,994,633
Federal Home Loan Mortgage Corp. Discount
Notes, 0.010%, 03/23/2010		24,300,000		24,298,515

				63,613,148


The accompanying notes are an integral part of the financial statements.	97

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Index 500 Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS (continued)
Securities Lending Collateral - 5.17%
John Hancock Cash Collateral Investment
Trust, 0.1869% (W)(Y)	$	10,610,161	$	106,208,775

TOTAL SHORT-TERM INVESTMENTS (Cost $169,787,716) $				169,821,923

Total Investments (Index 500 Fund)
(Cost $1,850,538,997) - 104.68%			$	2,151,634,657
Other assets and liabilities, net - (4.68%)				(96,143,486)

TOTAL NET ASSETS - 100.00%			$	2,055,491,171




International Equity Index Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 92.50%
Australia - 5.51%
AGL Energy, Ltd.		10,520 $		135,353
Alumina, Ltd.		67,437		91,574
AMP, Ltd. (L)		54,888		291,668
Aristocrat Leisure, Ltd.		9,625		36,421
Arrow Energy NL (I)		10,452		31,019
Asciano Group (I)		70,683		113,741
Australia & New Zealand Banking Group, Ltd.		68,552		1,418,206
Australian Stock Exchange, Ltd.		4,045		131,990
Axa Asia Pacific Holdings, Ltd.		27,582		159,380
Bendigo and Adelaide Bank, Ltd.		8,567		73,734
BHP Billiton, Ltd.		93,562		3,433,827
Billabong International, Ltd.		4,737		43,093
BlueScope Steel, Ltd. (I)		40,807		88,237
Boral, Ltd.		18,876		90,633
Brambles, Ltd.		38,808		241,065
Caltex Australia, Ltd.		3,106		29,168
Centro Properties Group, Ltd. (I)		20,831		4,273
Centro Retail Group		32,506		4,785
CFS Gandel Retail Trust		56,771		96,512
Coca-Cola Amatil, Ltd.		13,389		134,465
Cochlear, Ltd.		1,349		76,628
Commonwealth Bank of Australia, Ltd.		41,801		2,015,596
Computershare, Ltd.		12,830		133,721
Crown, Ltd.		11,735		83,991
CSL, Ltd.		17,002		523,405
CSR, Ltd.		33,234		48,129
Dexus Property Group		143,890		106,165
Energy Resources of Australia, Ltd.		1,686		27,713
Fortescue Metals Group, Ltd. (I)		29,313		121,724
Foster’s Group, Ltd.		53,088		256,268
General Property Trust, Ltd.		249,330		128,167
Goodman Fielder, Ltd.		25,715		34,647
Goodman Group		163,559		87,675
Harvey Norman Holding, Ltd.		11,715		40,118
Incitec Pivot, Ltd.		38,333		110,944
James Hardie Industries, Ltd.		10,488		69,745
John Fairfax Holdings, Ltd. (L)		52,429		77,364
Leighton Holdings, Ltd.		3,529		118,924
Lend Lease Corp.		10,491		103,625
Macquarie Airports, Ltd.		19,338		53,966
Macquarie Atlas Roads Group (I)		10,294		7,426
Macquarie Group, Ltd. (L)		8,725		352,766
Macquarie Infrastructure Group		51,469		51,787
Metcash, Ltd.		24,580		90,658
Mirvac Group, Ltd.		79,879		109,232
National Australia Bank, Ltd.		58,811		1,337,729


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Australia (continued)
Newcrest Mining, Ltd.	13,897	$	389,258
NRMA Insurance Group, Ltd.	59,940		211,692
Nufarm, Ltd. (L)	3,907		34,034
OneSteel, Ltd.	29,787		91,858
Orica, Ltd.	9,682		216,522
Origin Energy, Ltd.	23,502		353,521
Oxiana, Ltd. (I)	71,949		66,837
Paladin Resources, Ltd. (I)	20,545		66,281
Qantas Airways, Ltd. (I)	35,521		83,857
QBE Insurance Group, Ltd.	28,087		537,703
Rio Tinto, Ltd.	12,020		756,420
Santos, Ltd.	22,285		258,347
Sims Group, Ltd.	4,792		83,169
Sonic Healthcare, Ltd.	8,654		105,086
SP Ausnet	49,346		41,734
Stockland	65,475		237,737
Suncorp-Metway, Ltd.	34,166		260,919
TABCORP Holdings, Ltd.	13,472		81,652
Tattersall’s, Ltd.	23,773		51,083
Telstra Corp., Ltd.	113,003		300,550
Toll Holdings, Ltd.	15,888		96,641
Transurban Group, Ltd.	33,262		156,061
Virgin Blue Holdings, Ltd. (I)	12,681		6,914
Wesfarmers, Ltd.	28,393		790,669
Wesfarmers, Ltd.	3,644		101,737
Westfield Group	55,394		595,631
Westpac Banking Corp.	82,247		1,922,005
Woodside Petroleum, Ltd.	14,983		581,226
Woolworths, Ltd.	33,910		814,998
WorleyParsons, Ltd.	3,588		78,850

			22,190,249
Austria - 0.26%
Amcor, Ltd.	34,223		181,501
Erste Group Bank AG	5,199		196,236
Immoeast Immobilien Anlagen AG (I)(L)	10,397		49,499
Oesterreichische Elektrizitaets AG, Class A	2,358		96,033
OMV AG	4,299		159,210
Raiffeisen International Bank Holding AG (L)	1,478		66,611
Telekom Austria AG	8,469		111,075
Voestalpine AG	3,165		111,559
Wiener Staedtische Allgemeine
Versicherung AG	1,245		60,092

			1,031,816
Belgium - 0.68%
Anheuser-Busch InBev NV (I)	9,984		68
Anheuser-Busch InBev NV	19,988		999,180
Belgacom SA	4,395		164,570
Colruyt SA	402		100,477
Compagnie Nationale A Portefeuille, ADR	776		38,749
Delhaize Group SA	2,923		226,384
Dexia SA (I)	13,745		74,521
Fortis (I)	58,185		199,724
Groupe Bruxelles Lambert SA	2,152		188,613
KBC Ancora, ADR (I)	3,251		71,101
KBC Bancassurance Holding NV (I)	5,137		232,933
Mobistar SA	1,016		60,089
Solvay SA	1,700		162,559
UCB SA	2,531		112,039
Umicore	3,377		101,210

			2,732,217
Bermuda - 0.05%
Chinese Estates Holdings, Ltd.	14,561		23,398


The accompanying notes are an integral part of the financial statements.	98

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Bermuda (continued)
Seadrill, Ltd.	8,231	$	189,398

			212,796
Brazil - 1.74%
All America Latina Logistica SA	11,400		101,689
B2W Companhia Global Do Varejo	2,100		43,577
Banco do Brasil SA	14,800		243,807
Banco Santander Brasil SA (I)	15,567		184,256
BM&F BOVESPA SA	33,090		216,798
BR Malls Participacoes SA (I)	4,545		59,103
Brasil Telecom SA (I)	653		7,147
Brasil Telecom SA - New York Exchange (I)	1,039		21,341
Brasil Telecom SA, SADR (I)	589		6,279
Centrais Eletricas Brasileiras SA (L)	2,071		33,447
Centrais Eletricas Brasileiras SA (L)	6,400		82,871
Cia de Concessoes Rodoviarias, ADR	5,400		113,997
Cia de Saneamento Basico do Estado de
Sao Paulo	3,447		57,890
Cia Energetica de Minas Gerais, ADR	589		9,642
Companhia Brasileira de Distribuicao Grupo
Pao de Acucar, ADR	436		29,849
Companhia Brasileira de Meios de Pagamento	16,617		130,111
Companhia Siderurgica Nacional SA	7,566		247,643
Companhia Siderurgica Nacional SA, SADR	3,716		121,476
Companhia Vale do Rio Doce	36,306		1,013,550
Cosan SA Industria e Comercio (I)	3,405		44,354
CPFL Energia SA	3,100		63,710
Cyrela Brazil Realty SA	8,000		99,826
Duratex SA	5,503		52,376
EDP - Energias do Brasil SA	2,700		52,666
Empresa Brasileira de Aeronautica SA	13,400		72,741
Empresa Brasileira de Aeronautica
SA, ADR (L)	1,575		34,587
Fibria Celulose SA, SADR (I)(L)	2,219		40,719
Gafisa SA	7,862		59,602
Gerdau SA	3,586		39,806
Gerdau SA, SADR	92		1,357
Global Village Telecom Holding SA (I)	2,699		83,622
Hypermarcas SA (I)	4,626		55,216
JBS SA	13,126		65,951
LLX Logistica SA (I)	12,720		67,149
Localiza Rent A Car	4,320		47,093
Lojas Renner SA	3,800		82,050
Marfrig Frigorificos e Comercio de
Alimentos SA (I)	6,338		73,861
MRV Engenharia e Participacoes SA	7,887		57,173
Multiplan Empreendimentos Imobiliarios SA	2,485		42,958
Natura Cosmeticos SA	4,500		82,921
OGX Petroleo e Gas Participacoes SA	40,200		350,358
PDG Realty SA Empreendimentos
e Participacoes	12,181		108,993
Perdigao SA (I)	8,800		214,747
Petroleo Brasileiro SA	58,584		1,254,573
Petroleo Brasileiro SA, ADR (L)	1,964		83,765
Petroleo Brasileiro SA, SADR	3,282		126,029
Porto Seguro SA	3,398		33,940
Redecard SA	10,216		148,677
Rossi Residencial SA	6,137		47,951
Souza Cruz SA	2,300		78,680
Tele Norte Leste Participacoes SA	2,500		51,877
Tele Norte Leste Participacoes SA, ADR	5,457		94,788
Tractebel Energia SA	4,200		48,132
Ultrapar Participacoes SA	2,100		93,661
Usinas Siderurgicas de Minas Gerais SA	3,500		99,162


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Brazil (continued)
Usinas Siderurgicas de Minas Gerais
SA, SADR	1,235	$	35,815
Vale SA	3,177		88,511
Vale SA, SADR	300		7,380
Vivo Participacoes SA	802		21,702
Votorantim Celulose e Papel SA (I)	3,592		65,489

			6,998,441
Canada - 6.90%
Agnico-Eagle Mines, Ltd.	3,900		225,208
Agrium, Inc.	4,000		259,038
Alimentation Couche Tard, Inc.	3,200		59,791
ARC Energy Trust	2,700		56,325
Bank of Montreal	15,500		824,938
Bank of Nova Scotia	27,200		1,235,659
Barrick Gold Corp.	26,808		1,010,205
BCE, Inc.	6,173		171,309
Biovail Corp.	2,600		38,474
Bombardier, Inc.	41,500		224,420
Brookfield Asset Management, Inc.	13,925		330,590
Brookfield Properties Corp.	6,450		90,418
CAE, Inc.	5,800		49,114
Cameco Corp.	11,300		310,369
Canadian Imperial Bank of Commerce	10,500		698,636
Canadian National Railway Company	12,700		667,468
Canadian Natural Resources, Ltd.	15,300		1,030,663
Canadian Oil Sands Trust	7,000		185,944
Canadian Pacific Railway, Ltd.	4,300		207,562
Canadian Tire Corp., Ltd.	2,000		99,886
Canadian Utilities, Ltd.	2,100		89,093
Cenovus Energy, Inc.	20,900		510,483
CGI Group, Inc. (I)	7,600		106,900
CI Financial Corp.	4,100		81,439
Crescent Point Energy Corp.	4,500		166,793
Eldorado Gold Corp. (I)	13,500		170,514
Empire Company, Ltd.	600		27,890
Enbridge, Inc.	10,000		443,262
EnCana Corp.	20,500		671,968
Enerplus Resources Fund	4,600		103,087
Ensign Energy Services, Inc.	3,100		44,370
Fairfax Financial Holdings, Ltd.,
Canadian Exchange	500		171,602
Finning International, Inc.	3,300		55,199
First Quantum Minerals, Ltd.	2,000		155,864
Fortis, Inc.	4,300		111,444
Franco-Nevada Corp.	3,700		96,280
Genworth MI Canada, Inc.	1,300		33,668
George Weston, Ltd.	1,100		72,072
Gerdau Ameristeel Corp.	2,700		19,040
Gildan Activewear, Inc. (I)	2,700		63,664
Goldcorp, Inc.	19,753		747,543
Great-West Lifeco, Inc.	8,300		213,535
Groupe Aeroplan, Inc.	3,936		44,290
Husky Energy, Inc.	6,500		166,299
IAMGOLD Corp.	9,200		135,351
IGM Financial, Inc.	3,100		126,687
Imperial Oil, Ltd.	8,500		313,035
Industrial Alliance Insurance and Financial
Services, Inc.	1,900		59,896
Inmet Mining Corp.	1,400		76,320
Intact Financial Corp.	3,100		124,389
Ivanhoe Mines, Ltd. (I)	5,800		92,661
Jazz Air Income Fund (I)	415		1,645
Kinross Gold Corp.	18,858		341,781
Loblaw Companies, Ltd.	3,400		119,236


The accompanying notes are an integral part of the financial statements.	99

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Canada (continued)
Magna International, Inc.	3,100	$	176,772
Manulife Financial Corp.	49,000		899,249
MDS, Inc. (I)	1,400		11,656
Metro, Inc.	2,800		108,493
National Bank of Canada	4,000		229,044
Nexen, Inc.	13,600		306,976
Niko Resources, Ltd.	1,000		95,039
Onex Corp.	2,300		55,412
Open Text Corp. (I)	1,000		49,031
Pan American Silver Corp. (I)	2,000		42,863
Penn West Energy Trust	12,015		246,306
PetroBakken Energy, Ltd., Class A	2,000		53,602
Petrobank Energy & Resources, Ltd. (I)	2,200		113,847
Potash Corp. of Saskatchewan, Inc.	8,000		881,962
Power Corp. of Canada	8,800		243,125
Power Financial Corp.	6,400		188,801
Precision Drilling Trust	1,371		10,567
Progress Energy Resources Corp.	3,400		41,167
Provident Energy Trust	5,400		42,494
QLT, Inc. (I)	250		1,174
Research In Motion, Ltd. (I)	14,200		1,006,092
RioCan Real Estate Investment Trust	2,600		47,073
Ritchie Bros. Auctioneers, Inc. (L)	1,900		39,853
Rogers Communications, Inc.	13,500		444,825
Royal Bank of Canada	38,900		2,100,275
Saputo, Inc.	3,700		105,669
Shaw Communications, Inc., Class B	8,900		168,916
Sherritt International Corp.	6,000		42,368
Shoppers Drug Mart Corp.	5,200		217,449
Silver Wheaton Corp. (I)	8,600		131,264
SNC-Lavalin Group, Inc.	4,400		205,949
Sun Life Financial, Inc.	15,500		441,931
Suncor Energy, Inc.	42,624		1,231,891
Talisman Energy, Inc.	27,300		498,935
Teck Resources, Ltd. (I)	13,152		483,732
Telus Corp.	1,400		45,944
Telus Corp. - Non Voting Shares	3,600		113,283
The Toronto-Dominion Bank	23,400		1,495,358
Thomson Corp.	9,693		336,427
Tim Hortons, Inc.	4,500		136,600
TMX Group, Inc.	1,400		38,519
Trans-Canada Corp.	18,700		618,120
TransAlta Corp. (L)	5,500		114,684
Trican Well Service, Ltd.	3,100		40,157
Vermilion Energy Trust	1,100		36,402
Viterra, Inc. (I)	8,600		79,445
Yamana Gold, Inc.	18,593		196,320
Yellow Pages Income Fund	5,800		32,247

			27,780,625
Cayman Islands - 0.04%
China Dongxiang Group Company	70,500		47,433
China High Speed Transmission Equipment
Group Company, Ltd.	29,000		55,686
Hopewell Highway Infrastructure, Ltd., GDR	2,300		1,520
Xinao Gas Holdings, Ltd.	24,000		57,416

			162,055
Chile - 0.35%
Banco Santander Chile SA, ADR	2,104		134,803
Cia Cervecerias Unidas SA, ADR	1,107		42,819
CorpBanca SA, SADR	650		26,839
Embotelladora Andina SA, ADR, Series A	915		14,484
Embotelladora Andina SA, ADR, Series B	1,006		19,738


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Chile (continued)
Empresa Nacional de Electricidad
SA, ADR (L)	7,042	$	351,185
Enersis SA SADR	17,401		376,036
Lan Airlines SA, SADR (L)	4,620		82,190
Sociedad Quimica y Minera de Chile SA,
ADR, B Shares (L)	8,363		305,668
Vina Concha Y Toro SA, ADR	911		42,817

			1,396,579
China - 2.42%
Air China, Ltd. (I)	71,466		62,755
Aluminum Corp. of China, Ltd. (I)	112,780		108,860
Angang Steel Company, Ltd., Class H	37,012		67,853
Anhui Conch Cement Company, Ltd., Class H	13,070		77,562
Anta Sports Products, Ltd.	26,000		37,534
Bank of China, Ltd.	1,611,474		780,995
Bank of Communications
Company, Ltd., Class H	162,879		178,904
BBMG Corp.	32,000		31,344
Beijing Capital International Airport
Company, Ltd., Class H (I)	81,211		44,482
Beijing Datang Power Generation
Compnay, Ltd., Class H	97,136		43,944
BYD Company, Ltd., Class H (I)	14,994		116,760
China BlueChemical, Ltd.	68,000		43,645
China Citic Bank Corp, Ltd.	151,000		101,012
China Coal Energy Company, Series H	97,595		155,260
China Communications
Construction Company, Ltd.	125,665		117,585
China Communications Services
Corp., Ltd., Class H	82,000		42,194
China Construction Bank Corp.	1,266,118		956,309
China COSCO Holdings Company, Ltd.	72,879		90,849
China Life Insurance Company, Ltd.	206,376		914,079
China Longyuan Power Group Corp.	48,000		58,594
China Merchants Bank Company, Ltd.	95,890		236,330
China Minsheng Banking Corp. Ltd.	90,000		93,716
China National Building
Material Company, Ltd.	36,000		61,903
China Oilfield Services, Ltd.	48,000		65,833
China Pacific Insurance Group Company, Ltd.	22,800		92,967
China Petroleum & Chemical Corp.	454,030		356,377
China Railway Construction Corp.	52,500		68,876
China Railway Group, Ltd. (I)	121,000		90,042
China Shenhua Energy Company, Ltd.	89,500		384,179
China Shipping Container Lines
Company, Ltd. (I)	134,076		53,407
China Shipping Development Company, Ltd.	39,568		67,295
China South Locomotive and Rolling
Stock Corp.	63,000		44,284
China Telecom Corp., Ltd.	388,396		170,320
China Yurun Food Group, Ltd.	38,000		113,863
China Zhongwang Holdings, Ltd. (I)	46,000		39,597
Country Garden Holdings Company	162,471		56,744
Dongfang Electrical Machinery Company, Ltd.	6,000		30,250
Dongfeng Motor Group Company, Ltd.	78,780		114,567
Foxconn International Holdings, Ltd. (I)	64,000		65,751
Golden Eagle Retail Group, Ltd.	24,000		44,051
Greentown China Holdings, Ltd.	24,500		32,525
Guangdong Investment, Ltd.	96,780		48,665
Guangshen Railway Company, Ltd.	61,211		24,951
Guangzhou R&F Properties
Company, Ltd., Class H	28,000		41,582
Hidili Industry International
Development, Ltd. (I)	36,000		38,609


The accompanying notes are an integral part of the financial statements.	100

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
China (continued)
Huaneng Power International, Inc., Class H	90,564	$	54,389
Industrial & Commercial Bank of China, Ltd.	1,267,000		896,599
Jiangsu Expressway, Ltd.	46,855		43,497
Jiangxi Copper Company, Ltd., Class H	44,925		91,340
Lenovo Group, Ltd.	128,564		83,700
Maanshan Iron & Steel Company, Ltd. (I)	77,925		46,811
Metallurgical Corp of China Ltd	81,000		46,245
PetroChina Company, Ltd., Class H	597,739		666,076
PICC Property & Casualty
Company, Ltd., Class H (I)	74,780		67,667
Shanghai Electric Group Company, Ltd.	91,136		41,109
Shui On Land, Ltd.	78,650		38,319
Sinopec Shanghai Petrochemical
Company, Ltd., Class H (I)	92,066		32,867
Tencent Holdings, Ltd.	26,000		508,394
Tingyi Cayman Islands Holding Corp.	52,000		120,960
Tsingtao Brewery Company, Ltd., Series H	16,000		76,342
Want Want China Holdings, Ltd.	87,000		57,229
Weichai Power Compnay, Ltd.	6,800		51,576
Yanzhou Coal Mining Compnay, Ltd., Class H	59,210		126,133
Zhejiang Expressway Compny, Ltd., Class H	54,282		49,252
Zijin Mining Group, Ltd.	127,686		108,815
ZTE Corp., Class H	11,480		70,995

			9,745,519
Colombia - 0.16%
BanColombia SA (L)	14,194		658,318
Czech Republic - 0.09%
CEZ AS (L)	4,862		222,228
Komercni Banka AS	489		96,399
Telefonica O2 Czech Republic AS	2,393		56,466

			375,093
Denmark - 0.64%
A P Moller Maersk AS	15		109,196
A P Moller Maersk AS, Series A	36		275,655
Carlsberg AS, B Shares	3,000		231,976
Coloplast AS	923		104,881
Danske Bank A/S (I)	12,600		287,240
DSV AS, ADR (I)	5,600		87,230
H. Lundbeck AS	1,700		30,021
Novo Nordisk AS	12,100		854,683
Novozymes AS, B Shares	1,350		138,600
Topdanmark AS (I)	450		54,015
TrygVesta AS	758		49,503
Vestas Wind Systems AS (I)	5,800		286,868
William Demant Holdings AS (I)	900		64,235

			2,574,103
Egypt - 0.13%
Commercial International Bank	7,323		84,724
Egypt Kuwait Holding Company	20,373		45,447
Egyptian Company for Mobile Services	751		28,912
Egyptian Financial Group-Hermes Holding	7,160		37,687
EL EZZ Aldekhela Steel Alexandria	159		26,095
EL EZZ Steel Company	9,469		31,836
Orascom Construction Industries	2,165		94,525
Orascom Telecom Holding SAE	74,393		83,532
Sidi Kerir Petrochemicals Company	9,437		22,437
Talaat Moustafa Group (I)	21,101		28,991
Telecom Egypt	6,820		24,110

			508,296
Finland - 0.82%
Elisa Oyj, Class A	4,100		85,346
Fortum Oyj	12,863		327,778


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Finland (continued)
Kesko Oyj	2,000	$	72,537
Kone Corp Oyj (L)	4,594		193,974
Metra Oyj (L)	2,400		114,563
Metso Oyj	3,500		108,589
Neste Oil Oyj	3,887		55,464
Nokia AB Oyj	105,000		1,414,320
Nokian Renkaat Oyj (L)	3,150		79,043
Orion Oyj, Series B	2,690		59,674
Outokumpu Oyj	4,000		70,413
Pohjola Bank PLC	4,484		49,779
Rautaruukki Oyj (L)	3,200		60,375
Sampo Oyj	11,928		289,200
Sanoma Oyj	3,520		70,420
Stora Enso Oyj, Series R (I)	17,500		110,859
UPM-Kymmene Oyj	14,389		154,416

			3,316,750
France - 6.61%
Accor SA	4,037		204,167
Aeroports de Paris	943		74,503
Air France KLM (I)	3,726		49,751
Air Liquide SA	6,908		825,325
Alcatel-Lucent (I)	58,158		176,797
Alstom SA	5,726		366,589
Atos Origin SA (I)	997		46,459
AXA SA	47,810		964,676
BioMerieux SA	479		52,372
BNP Paribas	26,480		1,920,019
Bouygues SA	6,505		299,521
Bureau Veritas SA	1,080		54,746
Cap Gemini SA	4,070		187,410
Carrefour SA	17,457		805,698
Casino Guichard Perrachon SA	1,584		127,488
Christian Dior SA	1,468		143,887
Cie de Saint-Gobain SA	10,100		475,055
Cie Generale de Geophysique-Veritas (I)	3,043		73,084
CNP Assurances SA	821		73,672
Compagnie Generale des Etablissements
Michelin, Class B	4,218		294,384
Credit Agricole SA	24,737		368,908
Danone SA	14,957		875,030
Dassault Systemes SA	1,423		81,994
Eiffage SA	858		39,968
Electricite de France	6,724		337,127
Eramet	92		27,632
Essilor International SA	5,723		345,160
Eurazeo	782		49,739
European Aeronautic Defence &
Space Company	10,182		210,257
Eutelsat Communications	2,965		98,466
Fonciere Des Regions	630		62,833
France Telecom SA	50,781		1,191,362
GDF Suez (I)	34,876		1,281,154
GDF Suez - Strip VVPR (I)	1,386		2
Gecina SA	319		33,057
Hermes International SA	1,323		178,377
ICADE	405		40,606
Iliad SA	310		32,835
Imerys SA	677		34,943
Ipsen SA	891		45,245
JC Decaux SA (I)	1,422		35,500
Klepierre SA	2,367		88,144
L’Oreal SA	6,780		701,449
Lafarge SA	5,324		345,495
Lagardere SCA	2,996		109,432


The accompanying notes are an integral part of the financial statements.	101

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
France (continued)
Legrand SA, ADR	2,797	$	87,613
LVMH Moet Hennessy SA	6,930		751,056
M6-Metropole Television	1,462		36,169
Natixis (I)	20,204		100,135
Neopost SA	746		60,522
PagesJaunes Groupe SA (L)	2,127		23,838
Pernod-Ricard SA	5,261		396,459
Peugeot SA (I)	3,886		102,622
PPR SA	1,892		217,136
Publicis Groupe SA	2,614		103,138
Renault SA (I)	4,608		189,633
Safran SA	5,528		130,059
Sanofi-Aventis SA	28,948		2,117,918
Schneider Electric SA	6,576		702,780
SCOR SE	3,668		89,596
Societe BIC SA	490		34,693
Societe Des Autoroutes Paris-Rhin-Rhone (I)	356		25,578
Societe Generale	17,264		952,402
Societe Television Francaise 1	2,677		42,917
Sodexho Alliance	2,399		142,400
STMicroelectronics NV (L)	15,867		137,485
Suez Environnement SA	6,816		150,159
Technip SA	2,870		204,362
Thales SA	2,308		92,252
Total SA	58,893		3,287,668
Unibail-Rodamco SE	2,520		497,751
Vallourec SA	1,535		293,495
Veolia Environnement SA	10,566		342,401
Vinci SA	12,250		642,121
Vivendi SA	33,667		848,398

			26,633,074
Germany - 4.91%
Adidas-Salomon AG	5,594		277,044
Allianz SE	12,590		1,453,276
BASF SE	25,516		1,432,373
Bayer AG	22,936		1,519,327
Bayerische Motoren Werke (BMW) AG	9,078		368,006
Beiersdorf AG	2,525		154,750
Celesio AG	2,653		77,243
Commerzbank AG (I)(L)	20,022		149,584
Daimler AG	24,949		1,041,375
Deutsche Bank AG	16,398		1,040,709
Deutsche Boerse AG	5,484		381,464
Deutsche Lufthansa AG	6,677		99,620
Deutsche Post AG	24,605		399,983
Deutsche Postbank AG (I)	2,424		74,937
Deutsche Telekom AG	78,526		1,010,208
E.ON AG	52,688		1,876,091
Fraport AG, ADR	1,094		55,082
Fresenius AG	898		58,644
Fresenius Medical Care AG	5,536		289,063
GEA Group AG	4,322		80,718
Hannover Rueckversicherung AG (I)	1,852		82,944
HeidelbergCement AG	4,040		205,798
Henkel AG & Company, KGaA	3,891		171,550
Hochtief AG	1,241		87,302
Infineon Technologies AG (I)	30,786		167,384
K&S AG	4,929		299,342
Linde AG	4,292		483,444
MAN AG	3,020		215,895
Merck KGAA	1,903		149,732
Metro AG	3,240		166,117
Muenchener Rueckversicherungs -
Gesellschaft AG	5,485		848,691


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Germany (continued)
Puma AG	162	$	45,780
Qiagen AG (I)	6,443		140,555
RWE AG	11,596		983,014
Salzgitter AG	1,207		106,447
SAP AG	23,758		1,059,493
Siemens AG	22,797		1,954,822
Solarworld AG (L)	2,500		34,588
Suedzucker AG	2,300		53,394
ThyssenKrupp AG	9,556		302,430
TUI AG (I)	4,963		48,973
United Internet AG (I)	4,185		64,729
Volkswagen AG	2,233		193,087
Wacker Chemie AG	477		57,209

			19,762,217
Greece - 0.29%
Alpha Bank AE (I)	11,764		111,395
Bank of Cyprus PCL	14,899		88,623
Coca-Cola Hellenic Bottling Company SA	5,385		132,074
EFG Eurobank Ergasias SA (I)	9,415		75,424
Hellenic Petroleum SA	3,500		39,258
Hellenic Telecommunications Organization SA	6,640		77,951
Marfin Financial Group SA Holdings (I)	14,926		35,073
National Bank of Greece SA (I)	16,674		317,577
OPAP SA	5,990		123,468
Piraeus Bank SA (I)	7,808		65,539
Public Power Corp. SA (I)	3,790		57,474
Titan Cement Company SA	2,180		53,471

			1,177,327
Hong Kong - 3.16%
Agile Property Holdings, Ltd.	47,211		60,252
Alibaba.com, Ltd.	35,000		76,602
ASM Pacific Technology, Ltd.	4,500		42,661
Bank of East Asia, Ltd.	38,356		140,402
Beijing Enterprises Holdings, Ltd.	16,714		105,062
Belle International Holdings, Ltd.	108,888		120,971
BOC Hong Kong Holdings, Ltd.	107,500		242,170
Cathay Pacific Airways, Ltd. (I)	31,000		57,612
Chaoda Modern Agriculture Holdings, Ltd.	73,214		79,281
Cheung Kong Holdings, Ltd.	39,000		476,968
Cheung Kong Infrastructure Holdings, Ltd.	16,000		60,207
China Agri-Industries Holdings, Ltd.	65,784		94,636
China Everbright, Ltd.	21,784		52,850
China Mengniu Dairy Company, Ltd. (I)	31,498		93,783
China Merchants Holdings
International Company, Ltd.	31,828		114,463
China Mobile, Ltd.	168,470		1,663,133
China Overseas Land & Investment, Ltd.	114,397		231,797
China Resource Power Holdings, Ltd.	50,532		99,901
China Resources Enterprises, Ltd.	32,855		115,391
China Resources Land, Ltd.	61,211		127,190
China Taiping Insurance Holdings
Company, Ltd. (I)	26,000		80,678
China Travel International Investment
Hong Kong, Ltd.	175,709		46,202
China Unicom, Ltd.	166,416		201,629
Citic Pacific, Ltd.	36,033		80,245
CLP Holdings, Ltd.	57,500		397,486
CNOOC, Ltd.	496,716		777,750
CNPC Hong Kong, Ltd.	70,000		88,427
COSCO Pacific, Ltd.	37,508		58,216
Denway Motors, Ltd.	175,559		97,743
Esprit Holdings, Ltd.	30,103		215,370
Fosun International	65,500		48,794


The accompanying notes are an integral part of the financial statements.	102

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Hong Kong (continued)
Franshion Properties China, Ltd.	106,000	$	34,290
Fushan International Energy Group, Ltd.	82,000		72,931
Geely Automobile Holdings Company, Ltd.	125,000		62,848
Genting Singapore PLC (I)(L)	140,400		89,349
Gome Electrical Appliances Holdings, Ltd. (I)	221,695		69,372
Hang Lung Group, Ltd.	21,000		105,012
Hang Lung Properties, Ltd.	60,000		230,472
Hang Seng Bank, Ltd.	21,900		320,311
Harbin Power Equipment Company, Ltd.	42,000		33,865
Henderson Land Development Company, Ltd.	29,508		199,489
Hengan International Group Compnay, Ltd.	20,000		137,519
Hong Kong & China Gas Company, Ltd.	113,870		256,784
Hong Kong Aircraft
Engineering Company, Ltd.	1,600		20,513
Hong Kong Electric Holdings, Ltd.	38,500		216,019
Hong Kong Exchanges & Clearing, Ltd.	28,000		469,141
Hopewell Holdings, Ltd.	13,000		38,029
Hopson Development Holdings, Ltd.	24,000		33,598
Huabao International Holdings, Ltd.	45,000		45,326
Hutchison Telecommunications Hong
Kong Holdings, Ltd.	59,000		9,581
Hutchison Telecommunications
International, Ltd. (I)	59,000		16,190
Hutchison Whampoa, Ltd.	60,000		429,926
Hysan Development Company, Ltd.	16,776		45,183
Kerry Properties, Ltd.	18,768		89,018
Kingboard Chemical Holdings, Ltd.	18,000		80,494
Li & Fung, Ltd.	65,600		305,339
Li Ning Company, Ltd.	20,749		64,977
Lifestyle International Holdings, Ltd.	15,500		25,486
Mongolia Energy Company, Ltd. (I)	84,000		39,197
MTR Corp., Ltd.	37,208		128,668
New World Development Company, Ltd.	64,074		117,105
Nine Dragons Paper Holdings, Ltd.	51,000		74,292
Noble Group, Ltd.	48,400		109,089
NWS Holdings, Ltd.	26,276		44,493
Orient Overseas International, Ltd.	5,000		36,703
Parkson Retail Group, Ltd.	42,500		70,481
PCCW, Ltd.	148,000		41,008
Ping An Insurance Group Company
of China, Ltd.	37,355		284,083
Poly Hong Kong Investment, Ltd.	52,000		62,540
Renhe Commercial Holdings Compnay, Ltd.	224,000		51,100
Shandong Weigao Group Medical
Polymer Company, Ltd.	12,000		46,464
Shanghai Industrial Holdings, Ltd.	18,070		77,674
Shangri-La Asia, Ltd.	36,000		59,846
Shimao Property Holdings, Ltd., GDR	49,500		82,446
Sino Land Company, Ltd.	45,401		86,374
Sino-Forest Corp. (I)	6,100		118,672
Sino-Ocean Land Holdings, Ltd.	100,365		88,622
Sinofert Holdings, Ltd.	76,000		42,421
Sinotruk Hong Kong, Ltd.	26,500		27,594
Soho China, Ltd.	73,500		36,281
Sun Hung Kai Properties, Ltd.	39,000		541,376
Swire Pacific, Ltd.	21,000		234,867
Television Broadcasting Company, Ltd.	6,000		27,323
The Link	56,934		143,091
Wharf Holdings, Ltd.	40,625		211,000
Wheelock and Company, Ltd.	24,000		67,125
Wing Hang Bank, Ltd.	6,585		55,668
Yue Yuen Industrial Holdings, Ltd.	21,000		62,379

			12,716,916


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Hungary - 0.12%
Gedeon Richter Rt.	323	$	67,144
Magyar Telekom Rt.	18,477		66,864
MOL Magyar Olaj & Gazipari Rt. (I)	1,808		162,653
OTP Bank Rt. (I)(L)	7,382		203,747
			500,408
India - 1.72%
Dr. Reddy’s Laboratories, Ltd., ADR (L)	11,143		274,229
Grasim Industries, Ltd., ADR (L)	2,144		125,392
ICICI Bank, Ltd., SADR	28,522		1,090,967
Infosys Technologies, Ltd., ADR (L)	34,665		1,972,439
Larsen & Toubro, Ltd.	11,967		409,271
Larsen & Toubro, Ltd., ADR (S)	2,732		92,694
Ranbaxy Laboratories, Ltd., ADR (I)	13,991		143,408
Reliance Communication, Ltd., ADR (S)	34,017		116,243
Reliance Energy, Ltd., ADR (L)(S)	447		29,186
Reliance Industries, Ltd., ADR (S)	35,558		1,507,659
Reliance Natural Resources, Ltd., ADR (I)(S)	8,956		23,621
Satyam Computer Services, Ltd., ADR (I)(L)	19,591		103,832
State Bank of India GDR	2,912		251,597
Tata Communications, Ltd., ADR (L)	2,096		25,990
Tata Motors, Ltd., SADR (L)	13,990		226,358
Wipro, Ltd., ADR (L)	24,143		521,972

			6,914,858
Indonesia - 0.42%
Adaro Energy Tbk	199,500		39,266
Aneka Tambang Tbk PT	82,500		18,618
Astra Agro Lestari Tbk PT	10,000		26,159
Astra International Tbk PT	54,000		211,367
Bank Central Asia Tbk PT	368,000		192,645
Bank Danamon Indonesia Tbk PT	102,926		55,468
Bank Mandiri Tbk PT	196,000		95,060
Bank Negara Indonesia Persero Tbk PT	164,500		33,966
Bank Pan Indonesia Tbk PT (I)	25,750		2,206
Bank Rakyat Indonesia Tbk PT	145,500		112,242
Bumi Resources Tbk PT	478,500		116,153
Indocement Tunggal Prakarsa Tbk PT	46,500		68,468
Indofood Sukses Makmur Tbk PT	105,500		43,139
Indosat Tbk PT	45,500		24,947
International Nickel Indonesia Tbk PT	50,000		20,307
Lippo Karawaci Tbk PT (I)	129,500		6,940
Perusahaan Gas Negara Tbk PT	347,500		135,350
PT Indo Tambangray	8,500		28,759
PT Telekomunikiasi Indonesia Tbk PT, SADR	1,909		68,609
Semen Gresik Persero Tbk PT	53,000		43,277
Tambang Batubara Bukit Asam Tbk PT	28,000		47,357
Telekomunikasi Indonesia Tbk PT	198,000		176,595
Unilever Indonesia Tbk PT (L)	36,500		45,057
United Tractors Tbk PT	35,333		65,134

			1,677,089
Ireland - 0.25%
Allied Irish Banks PLC - London Exchange (I)	1,000		1,373
Anglo Irish Bank Corp. PLC (I)	29,183		4,663
Bank of Ireland - London Exchange (I)	22,142		30,259
C&C Group PLC	191		705
CRH PLC	18,372		421,011
CRH PLC - London Exchange	62		1,409
Elan Corp. PLC (I)	11,458		79,256
Elan Corp. PLC - Euro Comp Exchange (I)	3,097		21,617
Experian PLC	28,859		267,090
Greencore Group PLC	32		58
Kerry Group PLC	4,052		128,244


The accompanying notes are an integral part of the financial statements.	103

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Ireland (continued)
Ryanair Holdings PLC, SADR (I)	1,496	$	41,095

			996,780
Israel - 0.66%
Alvarion, Ltd., ADR (I)	649		2,382
Audio Codes, Ltd. (I)	664		2,311
Bank Hapoalim, Ltd. (I)	27,876		116,863
Bank Leumi Le-Israel, Ltd. (I)	33,499		142,991
Bezek Israeli Telecommunications Corp., Ltd.	36,720		95,716
Cellcom Israel, Ltd.	1,227		41,460
Cellcom Israel, Ltd. - Tel Aviv Exchange	1,500		51,120
Check Point Software Technologies, Ltd. (I)	4,907		159,968
Delek Group, Ltd.	167		37,186
Delek Real Estate, Ltd. (I)	2,786		2,804
Discount Investment Corp.	1,168		29,847
Elbit Systems, Ltd.	841		51,801
Given Imaging Corp., ADR (I)	209		3,643
ICL Israel Chemicals, Ltd.	13,573		167,510
Israel Corp., Ltd. (I)	77		59,346
Israel Discount Bank, Ltd. (I)	4,731		10,391
Makhteshim-Agam Industries, Ltd.	3,714		19,020
Mizrahi Tefahot Bank, Ltd. (I)	6,424		56,764
Nice Systems, Ltd. (I)	992		30,483
Ormat Industries, Ltd.	1,927		15,951
Partner Communications, Ltd.	1,898		44,267
RADWARE, Ltd., ADR (I)	413		7,021
Syneron Medical, Ltd., ADR (I)	423		4,040
Teva Pharmaceutical Industries, Ltd.	24,831		1,487,716

			2,640,601
Italy - 2.23%
A2A SpA	38,352		66,266
Assicurazioni Generali SpA	33,025		750,506
Autogrill SpA (I)	5,120		63,576
Autostrade SpA	7,613		175,700
Banca Carige SpA	21,454		54,633
Banca Intesa SpA - Non convertible	28,397		76,774
Banca Monte dei Paschi di Siena SpA	65,131		96,633
Banca Popolare di Milano SpA	12,160		71,729
Banche Popolari Unite SpA	16,604		207,084
Banco Popolare Societa Cooperativa (I)	19,648		125,385
Enel SpA	185,304		1,005,118
ENI SpA	72,890		1,644,617
Exor SpA	2,252		34,380
Fiat SpA (I)	21,580		227,169
Finmeccanica SpA (I)	12,119		156,750
Fondiaria-Sai SpA	3,169		46,171
Intesa Sanpaolo SpA (I)	217,729		765,529
Italcementi SpA	3,618		39,457
Luxottica Group SpA	3,473		90,828
Mediaset SpA	20,729		156,918
Mediobanca SpA (I)	14,442		152,390
Mediolanum SpA (L)	6,876		39,018
Parmalat SpA	52,862		133,344
Pirelli & Company SpA (I)	135,780		67,982
Prysmian SpA	3,013		51,921
Saipem SpA	7,564		250,150
Snam Rete Gas SpA	41,890		198,204
Telecom Italia SpA	287,921		410,264
Telecom Italia SpA - RSP	179,758		190,980
Tenaris SA	13,705		284,010
Terna Rete Elettrica Nazionale SpA	39,486		162,232
UniCredit Italiano SpA (I)	460,102		1,166,585
Unipol Gruppo Finanziario SpA, ADR (I)	31,121		34,761

			8,997,064


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan - 14.73%
ABC-MART, Inc.	700	$	23,150
Acom Company, Ltd. (L)	650		9,361
Advantest Corp.	4,200		99,894
AEON Company, Ltd. (L)	18,400		188,664
AEON Credit Service Company, Ltd.	1,600		16,382
Aeon Mall Company, Ltd.	1,700		30,951
Aioi Insurance Company, Ltd.	11,000		53,822
Air Water, Inc.	3,000		35,096
Aisin Seiki Company, Ltd.	6,000		157,313
Ajinomoto Company, Inc.	19,000		193,426
Alfresa Holdings Corp.	800		33,079
All Nippon Airways Company, Ltd.	20,000		60,527
Amada Company, Ltd.	9,000		67,397
Aozora Bank, Ltd. (I)	13,000		16,620
Asahi Breweries, Ltd.	10,800		207,141
Asahi Glass Company, Ltd.	29,000		289,273
Asahi Kasei Corp.	36,000		187,439
ASICS Corp.	4,000		37,483
Astellas Pharma, Inc.	12,500		470,337
Bank of Kyoto, Ltd.	7,000		60,631
Bank of Yokohama, Ltd.	33,000		165,486
Benesse Holdings, Inc.	1,800		80,809
Bridgestone Corp.	17,700		310,098
Brother Industries, Ltd.	6,000		68,078
Canon Sales Company, Inc.	1,800		23,875
Canon, Inc.	29,500		1,224,907
Casio Computer Company, Ltd.	6,300		47,316
Central Japan Railway Company, Ltd.	44		333,191
Chiba Bank, Ltd.	23,000		140,197
Chiyoda Corp.	4,000		35,829
Chubu Electric Power Company, Inc.	17,800		471,978
Chugai Pharmaceutical Company, Ltd.	6,700		129,293
Chugoku Bank, Ltd.	4,000		52,053
Chugoku Electric Power Company, Inc.	7,600		158,647
Citizen Watch Company, Ltd.	7,400		47,179
Coca-Cola West Japan Company, Ltd.	900		14,706
Cosmo Oil Company, Ltd.	11,000		26,100
Credit Saison Company, Ltd.	4,000		50,958
Dai Nippon Printing Company, Ltd.	16,000		210,673
Daicel Chemical Industries, Ltd.	7,000		46,763
Daido Steel Company, Ltd.	7,000		27,547
Daihatsu Motor Company, Ltd.	4,000		38,200
Daiichi Sankyo Company, Ltd.	18,700		378,269
Daikin Industries, Ltd.	6,800		261,457
Dainippon Sumitomo Pharma Company, Ltd.	3,700		36,208
Daito Trust Construction Company, Ltd.	2,100		102,675
Daiwa House Industry Company, Ltd.	15,000		160,617
Daiwa Securities Group, Inc.	46,000		227,077
Dena Company, Ltd.	8		61,881
Denki Kagaku Kogyo Kabushiki Kaisha	12,000		48,433
Denso Corp.	13,500		365,540
Dentsu, Inc.	4,700		111,499
Dowa Holdings Company, Ltd.	7,000		39,492
East Japan Railway Company	9,500		654,242
Eisai Company, Ltd.	6,600		257,224
Electric Power Development Company, Ltd.	3,200		107,195
Elpida Memory, Inc. (I)	4,800		86,071
FamilyMart Company, Ltd.	1,200		38,473
Fanuc, Ltd.	5,200		507,375
Fast Retailing Company, Ltd.	1,300		219,333
Fuji Electric Holdings Company, Ltd. (I)	15,000		35,185
Fuji Heavy Industries, Ltd. (I)	13,000		59,376
Fuji Television Network, Inc.	11		15,284
FUJIFILM Holdings Corp.	12,400		394,929
Fujitsu, Ltd.	49,000		318,795


The accompanying notes are an integral part of the financial statements.	104

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Fukuoka Financial Group, Inc.	19,000	$	69,863
Furukawa Electric Company, Ltd.	15,000		72,522
GS Yuasa Corp. (L)	9,000		62,935
Gunma Bank	9,000		50,114
Hakuhodo DY Holdings, Inc.	650		31,683
Hankyu Hanshin Holdings, Inc.	31,200		149,773
Hino Motors, Ltd. (I)	6,000		22,264
Hirose Electric Company, Ltd.	700		74,546
Hisamitsu Pharmaceutical Company, Inc.	1,500		54,866
Hitachi Chemical, Ltd.	2,800		57,307
Hitachi Construction
Machinery Company, Ltd.	2,700		55,207
Hitachi High-Technologies Corp.	1,200		24,547
Hitachi Metals, Ltd.	3,000		28,870
Hitachi, Ltd. (I)	123,000		405,134
Hokkaido Electric Power Company, Inc.	5,800		114,813
Hokuhoku Financial Group, Inc.	29,000		60,999
Hokuriku Electric Power Company	5,200		117,382
Honda Motor Company, Ltd.	45,500		1,576,428
Hoya Corp.	11,300		282,524
Ibiden Company, Ltd.	3,100		104,306
Idemitsu Kosan Company, Ltd.	500		36,734
Inpex Corp.	24		175,809
Isetan Mitsukoshi Holdings, Ltd.	10,940		115,350
Ishikawajima-Harima Heavy Industries
Company, Ltd. (I)	33,000		58,988
Isuzu Motors, Ltd. (I)(L)	26,000		65,429
ITO EN, Ltd.	900		13,803
Itochu Corp.	44,000		354,175
Itochu Techno-Science Corp.	800		25,504
Iyo Bank, Ltd.	6,000		53,471
J Front Retailing Company, Ltd.	12,000		66,668
JAFCO Company, Ltd.	900		21,146
Japan Petroleum Exploration Company, Ltd.	800		38,317
Japan Prime Realty Investment Corp., REIT	24		52,872
Japan Real Estate Investment Corp.	13		112,188
Japan Retail Fund Investment Corp., REIT	32		37,944
Japan Tobacco, Inc.	121		439,797
JFE Holdings, Inc.	14,000		520,126
JGC Corp.	5,000		93,875
Joyo Bank, Ltd.	16,000		64,286
JS Group Corp.	7,400		145,748
JSR Corp.	4,700		91,951
Jupiter Telecommunications Company, Ltd. (L)	59		69,264
Kajima Corp.	20,000		46,911
Kamigumi Company, Ltd.	7,000		54,526
Kaneka Corp.	8,000		47,689
Kansai Electric Power Company, Ltd.	21,800		516,207
Kansai Paint Company, Ltd.	6,000		48,595
Kao Corp.	15,200		388,785
Kawasaki Heavy Industries, Ltd.	37,000		95,700
Kawasaki Kisen Kaisha, Ltd. (I)(L)	12,000		43,572
KDDI Corp.	78		415,938
Keihin Electric Express
Railway Company, Ltd.	12,000		98,296
Keio Corp.	14,000		93,550
Keisei Electric Railway Company, Ltd.	7,000		41,741
Keyence Corp.	1,100		241,837
Kikkoman Corp.	4,000		47,464
Kinden Corp.	4,000		35,194
Kintetsu Corp. (L)	44,000		139,127
Kirin Holdings Company, Ltd.	22,000		303,858
Kobe Steel Company, Ltd. (I)	69,000		126,051
Koito Manufacturing Company, Ltd.	2,000		25,167
Komatsu, Ltd.	26,100		523,481


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Konami Corp.	1,800	$	33,725
Konica Minolta Holdings, Inc.	14,000		145,049
Koyo Seiko Company, Ltd.	5,300		55,644
Kubota Corp.	30,000		266,405
Kuraray Company, Ltd.	8,500		108,977
Kurita Water Industries, Ltd.	2,800		77,088
Kyocera Corp.	4,400		391,865
Kyowa Hakko Kogyo Company, Ltd.	6,737		69,787
Kyushu Electric Power Company, Inc.	10,500		235,855
Lawson, Inc.	1,600		69,982
Mabuchi Motor Company, Ltd.	700		38,190
Makita Corp.	2,900		93,048
Marubeni Corp.	43,000		256,687
Marui Company, Ltd.	3,700		25,173
Maruichi Steel Tube, Ltd.	400		7,924
Matsui Securities Company, Ltd.	2,100		14,112
Matsushita Electric Industrial Company, Ltd.	55,500		770,359
Matsushita Electric Works, Ltd.	9,000		105,145
Mazda Motor Corp. (I)	44,000		115,747
McDonald’s Holdings Company (Japan), Ltd.	1,900		38,539
Mediceo Holdings Company, Ltd.	3,700		43,794
MEIJI Holdings Company, Ltd. (I)	1,700		68,283
Minebea Company, Ltd.	10,000		54,537
Mitsubishi Chemical Holdings Corp.	31,000		140,529
Mitsubishi Corp.	35,900		895,826
Mitsubishi Electric Corp. (I)	53,000		434,477
Mitsubishi Estate Company, Ltd.	32,000		502,149
Mitsubishi Gas & Chemicals Company, Inc.	15,000		80,961
Mitsubishi Heavy Industries, Ltd.	87,000		323,703
Mitsubishi Logistics Corp.	3,000		34,713
Mitsubishi Materials Corp. (I)	26,000		67,231
Mitsubishi Motors Corp. (I)(L)	98,000		139,989
Mitsubishi Rayon Company, Ltd.	12,000		50,930
Mitsubishi UFJ Financial Group	352,200		1,795,042
Mitsubishi UFJ Lease &
Finance Company, Ltd.	1,140		39,382
Mitsui & Company, Ltd.	47,900		742,320
Mitsui Chemicals, Inc.	22,000		60,521
Mitsui Engineering &
Shipbuilding Company, Ltd.	19,000		44,866
Mitsui Fudosan Company, Ltd.	23,000		387,977
Mitsui Mining & Smelting Company, Ltd. (I)	13,000		35,655
Mitsui O.S.K. Lines, Ltd.	30,000		193,780
Mitsui Sumitomo Insurance Group Holdings	12,200		312,739
Mitsui Trust Holdings, Inc.	22,000		79,337
Mitsumi Electric Company, Ltd.	1,900		36,186
Mizuho Financial Group, Inc.	376,700		735,007
Mizuho Trust & Banking Company, Ltd. (I)	27,000		26,179
Murata Manufacturing Company, Ltd.	5,800		307,255
Namco Bandai Holdings, Inc.	5,100		47,333
NEC Corp. (I)	66,000		183,306
NGK INSULATORS, Ltd.	7,000		150,880
NGK Spark Plug Company, Ltd.	3,000		35,354
NHK Spring Company, Ltd.	3,000		24,768
Nidec Corp.	2,900		282,838
Nikon Corp.	8,700		191,176
Nintendo Company, Ltd.	2,700		735,140
Nippon Building Fund, Inc.	13		114,995
Nippon Electric Glass Company, Ltd.	10,000		130,181
Nippon Express Company, Ltd.	26,000		107,046
Nippon Meat Packers, Inc.	4,000		48,911
Nippon Mining Holdings, Inc.	23,000		114,545
Nippon Oil Corp.	36,000		192,681
Nippon Paper Group, Inc.	2,000		50,999
Nippon Sheet Glass Company, Ltd.	12,000		32,104


The accompanying notes are an integral part of the financial statements.	105

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Nippon Steel Corp.	146,000	$	544,981
Nippon Telegraph & Telephone Corp.	14,400		628,046
Nippon Yusen Kabushiki Kaisha	39,000		141,208
NIPPONKOA Insurance Company, Ltd.	16,000		98,082
Nishi-Nippon City Bank, Ltd.	17,000		45,900
Nissan Chemical Industries, Ltd.	4,000		53,913
Nissan Motor Company, Ltd. (I)	70,800		563,057
Nissay Dowa General Insurance Company, Ltd.	2,000		9,758
Nissha Printing Company, Ltd.	700		24,751
Nisshin Seifun Group, Inc.	4,500		59,378
Nisshin Steel Company	12,000		22,124
Nisshinbo Holdings, Inc.	3,000		29,280
Nissin Food Products Company, Ltd.	1,700		58,760
Nitori Company, Ltd.	850		68,121
Nitto Denko Corp.	4,500		166,171
NOK Corp.	2,500		34,825
Nomura Holdings, Inc.	98,400		726,766
Nomura Real Estate Holdings, Inc.	2,400		35,847
Nomura Real Estate Office Fund, Inc.	6		35,208
Nomura Research Institute, Ltd.	2,400		52,623
NSK, Ltd.	11,000		77,399
NTN Corp.	12,000		49,796
NTT Data Corp.	33		102,401
NTT DoCoMo, Inc.	429		663,302
NTT Urban Development Corp.	31		24,735
Obayashi Corp.	22,000		85,308
OBIC Company, Ltd.	130		22,763
Odakyu Electric Railway Company, Ltd.	19,000		161,414
Oji Paper Company, Ltd.	26,000		111,162
Olympus Corp.	5,900		182,006
Omron Corp.	5,100		110,654
Ono Pharmaceutical Company, Ltd.	2,000		92,277
Oracle Corp. - Japan	1,000		46,251
Oriental Land Company, Ltd.	1,300		93,056
ORIX Corp.	3,010		231,634
Osaka Gas Company, Ltd.	52,000		188,435
Otsuka Corp.	400		24,576
Rakuten, Inc. (I)	218		168,029
Resona Holdings, Inc.	12,200		147,677
Ricoh Company, Ltd.	19,000		264,109
Rinnai Corp.	1,000		52,832
Rohm Company, Ltd.	2,600		176,882
SANKYO Company, Ltd.	1,900		91,695
Santen Pharmaceutical Company, Ltd.	1,900		61,106
Sanyo Electric Company, Ltd. (I)	59,000		99,694
Sapporo Hokuyo Holdings, Inc.	8,200		35,982
Sapporo Holdings, Ltd.	7,000		36,142
SBI Holdings, Inc.	446		79,793
Secom Company, Ltd.	5,800		265,966
SEGA SAMMY HOLDINGS, Inc.	4,700		58,030
Seiko Epson Corp.	3,800		64,455
Sekisui Chemical Company, Ltd.	11,000		72,884
Sekisui House, Ltd.	14,000		136,595
Senshu Ikeda Holdings Inc (I)(L)	16,000		39,065
Seven & I Holdings Company, Ltd.	22,000		494,559
Seven Bank, Ltd.	9		18,711
Sharp Corp.	29,000		335,631
Shikoku Electric Power Company, Inc.	5,400		154,964
Shimadzu Corp.	5,000		37,343
Shimamura Company, Ltd.	600		52,262
Shimano, Inc.	2,200		95,799
Shimizu Corp.	16,000		61,900
Shin-Etsu Chemical Company, Ltd.	11,500		618,122
Shinko Electric Industries Company, Ltd.	1,600		23,154
Shinko Securities Company, Ltd.	14,000		41,400


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Shinsei Bank, Ltd. (I)(L)	19,000	$	21,263
Shionogi & Company, Ltd.	8,600		175,593
Shiseido Company, Ltd.	8,900		197,093
Shizuoka Bank, Ltd.	18,000		159,361
Showa Denko KK	51,000		103,212
Showa Shell Sekiyu KK	4,600		32,548
SMC Corp.	1,600		199,557
Softbank Corp.	20,600		539,106
Sojitz Holdings Corp.	23,900		42,579
Sompo Japan Insurance, Inc.	24,000		166,289
Sony Corp.	27,600		942,658
Sony Financial Holdings, Inc.	21		61,224
Square Enix Company, Ltd.	1,800		36,194
Stanley Electric Company, Ltd.	3,300		60,568
Sumco Corp.	2,900		52,699
Sumitomo Chemical Company, Ltd.	42,000		186,083
Sumitomo Corp.	31,700		345,062
Sumitomo Electric Industries, Ltd.	20,700		248,555
Sumitomo Heavy Industries, Ltd. (I)	14,000		72,413
Sumitomo Metal Industries, Ltd.	88,000		243,122
Sumitomo Metal Mining Company, Ltd.	14,000		198,303
Sumitomo Mitsui Financial Group	35,300		1,136,875
Sumitomo Realty &
Development Company, Ltd.	11,000		195,145
Sumitomo Rubber Industries, Inc.	2,900		23,554
Suruga Bank, Ltd.	5,000		45,911
Suzuken Company, Ltd.	1,500		49,662
Suzuki Motor Corp.	10,300		218,940
Sysmex Corp.	800		47,594
T&D Holdings, Inc.	7,250		156,764
Taiheiyo Cement Corp. (I)	24,000		31,305
Taisei Corp.	25,000		51,730
Taisho Pharmaceuticals Company, Ltd.	3,000		51,783
Taiyo Nippon Sanso Corp.	6,000		54,515
Takashimaya Company, Ltd.	7,000		54,018
Takeda Pharmaceutical Company, Ltd.	20,800		942,091
Tanabe Seiyaku Company, Ltd.	5,000		73,767
TDK Corp.	3,100		190,961
Teijin, Ltd.	20,000		58,718
Terumo Corp.	4,600		249,224
The 77th Bank, Ltd.	9,000		49,072
The Hachijuni Bank, Ltd.	10,000		55,657
The Hiroshima Bank, Ltd.	13,000		53,915
The Japan Steel Works, Ltd.	9,000		102,899
The Sumitomo Trust &
Banking Company, Ltd.	40,000		226,197
The Tokyo Electric Power Company, Inc.	33,500		919,569
THK Company, Ltd.	3,000		58,051
Tobu Railway Company, Ltd.	23,000		126,292
Toho Company, Ltd.	2,300		37,602
Toho Gas Company, Ltd.	10,000		54,696
Tohoku Electric Power Company, Inc.	11,200		243,644
Tokio Marine Holdings, Inc.	20,300		573,404
Tokuyama Corp.	7,000		37,398
Tokyo Electron, Ltd.	4,700		290,048
Tokyo Gas Company, Ltd.	64,000		278,736
Tokyo Steel Manufacturing Company, Ltd.	2,400		26,536
Tokyo Tatemono Company, Ltd.	7,000		24,699
Tokyu Corp.	31,000		131,481
Tokyu Land Corp.	10,000		36,200
TonenGeneral Sekiyu KK	6,000		48,942
Toppan Printing Company, Ltd.	15,000		130,223
Toray Industries, Inc.	35,000		192,859
Toshiba Corp. (I)	115,000		575,301
Tosoh Corp.	12,000		28,741


The accompanying notes are an integral part of the financial statements.	106

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Toto, Ltd.	7,000	$	46,521
Toyo Seikan Kaisha, Ltd.	3,900		63,695
Toyo Suisan Kaisha, Ltd.	2,000		55,743
Toyoda Gosei Company, Ltd.	1,600		41,441
Toyota Boshoku Corp.	1,800		31,047
Toyota Industries Corp.	5,600		146,778
Toyota Motor Corp.	81,800		3,061,240
Toyota Tsusho Corp.	5,100		73,144
Trend Micro, Inc. (I)	2,500		85,975
Tsumura & Company, Ltd.	1,300		39,948
Ube Industries, Ltd.	22,000		57,132
Unicharm Corp.	1,000		95,864
UNY Company, Ltd.	3,500		27,438
Ushio, Inc.	2,900		46,926
USS Company, Ltd.	570		36,981
West Japan Railway Company, Ltd.	49		172,439
Yahoo! Japan Corp.	378		141,410
Yakult Honsha Company, Ltd.	2,400		72,941
Yamada Denki Company, Ltd.	2,680		186,502
Yamaguchi Financial Group, Inc.	7,000		76,735
Yamaha Corp.	3,400		40,179
Yamaha Motor Company, Ltd. (I)	6,900		91,654
Yamato Kogyo Company, Ltd.	1,200		37,874
Yamato Transport Company, Ltd.	11,400		152,070
Yamazaki Baking Company, Ltd.	3,000		39,227
YASKAWA Electric Corp.	6,000		47,226
Yokogawa Electric Corp.	4,400		36,168

			59,299,890
Luxembourg - 0.32%
ArcelorMittal	23,606		899,645
Millicom International Cellular SA	2,076		175,626
SES SA	8,435		204,370

			1,279,641
Macau - 0.02%
Sands China, Ltd.	59,600		82,808
Malaysia - 0.58%
AirAsia BHD (I)	17,100		7,229
Alliance Financial Group BHD	32,900		26,911
AMMB Holdings BHD	59,000		84,860
Asiatic Development BHD	12,400		22,545
Berjaya Sports Toto BHD	14,035		17,594
British American Tobacco Malaysia BHD (L)	2,500		30,813
Bursa Malaysia BHD	7,600		16,265
Commerce Asset Holdings BHD	63,700		243,455
Digi.Com BHD	10,400		68,764
Gamuda BHD	49,500		40,247
Genting BHD	61,500		113,913
Hong Leong Bank BHD	11,600		28,663
Hong Leong Credit BHD	4,400		9,947
IGB Corp. BHD (I)	13,900		7,162
IJM Corp. BHD	43,260		56,344
IOI Corp. BHD	100,053		157,717
KLCC Property Holdings BHD	8,900		8,551
KNM Group BHD	100,800		23,821
Kuala Lumpur Kepong BHD	13,400		65,846
Lafarge Malayan Cement BHD	7,380		13,656
Malayan Banking BHD	100,387		205,408
Malaysian Airline System BHD (I)	7,200		4,397
Maxis BHD	42,600		69,091
MISC BHD	34,080		77,499
MMC Corp. BHD	44,200		31,676
Parkson Holdings BHD	18,887		30,660
Petronas Dagangan BHD	5,200		13,359


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Malaysia (continued)
Petronas Gas BHD	16,800	$	47,610
PLUS Expressways BHD	35,400		35,855
PPB Group BHD	17,000		80,894
Public Bank BHD	1,527		4,976
Public Bank BHD - Foreign Market Shares	27,000		88,148
Resorts World BHD	81,800		65,468
RHB Capital BHD	3,200		4,960
Sime Darby BHD	72,938		181,175
SP Setia BHD	15,150		18,590
Tanjong PLC	2,800		14,485
Telekom Malaysia BHD	30,000		28,711
Tenaga Nasional BHD	48,600		113,720
TM International BHD (I)	63,125		69,275
UEM Land Holdings BHD (I)	20,250		8,447
UMW Holdings BHD	7,100		13,079
YTL Corp. BHD	27,846		58,834
YTL Power International BHD	40,903		25,947

			2,336,567
Malta - 0.00%
BGP Holdings PLC (I)	181,302		0
Mexico - 1.02%
Alfa SA de CV	10,600		71,339
America Movil SAB de CV, Series L	500,300		1,113,875
America Movil SAB de CV, Series L ADR	577		25,717
Carso Global Telecom SAB de CV (I)	21,800		97,669
Cemex SA de CV (I)	253,931		243,828
Cemex SAB de CV, SADR (I)	775		7,409
Coca-Cola Femsa SA de CV	10,100		65,437
Desarrolladora Homex SA de CV (I)	6,900		31,480
Fomento Economico Mexicano SA de CV	62,700		269,330
Fresnillo PLC	5,418		61,993
Grupo Aeroportuario del Pacifico SA de
CV, Series B	15,900		54,251
Grupo Bimbo SA de CV	12,300		89,749
Grupo Carso SA de CV	20,301		72,286
Grupo Elektra SA de CV	2,000		105,459
Grupo Financiero Banorte SA de CV	42,141		157,834
Grupo Financiero Inbursa SA de CV	21,033		72,917
Grupo Mexico SAB de CV, Series B	103,907		247,196
Grupo Modelo SA (I)	16,400		91,251
Grupo Televisa SA	65,800		243,305
Grupo Televisa SA, SADR	940		17,352
Industrias Penoles SA de CV	3,400		68,070
Kimberly-Clark de Mexico SA de CV	17,100		90,850
Mexichem SAB de CV	38,825		90,512
Telefonos de Mexico SA de CV	166,000		130,296
Telmex Internacional SAB de CV	160,900		146,692
Urbi Desarrollos Urbanos SA de CV (I)	15,400		33,985
Wal-Mart de Mexico SA de CV, Series V	80,888		401,642

			4,101,724
Netherlands - 2.27%
Aegon NV (I)	45,684		288,901
Akzo Nobel NV	6,595		335,513
ASML Holding NV	12,278		376,059
Corio NV	1,776		109,924
Fugro NV	1,949		113,230
Heineken Holding NV	3,314		135,207
Heineken NV	6,981		342,847
ING Groep NV (I)	102,563		920,324
Koninklijke (Royal) KPN NV	47,436		755,915
Koninklijke Ahold NV	33,915		415,736
Koninklijke Boskalis Westinster NV	2,309		74,336
Koninklijke DSM NV	4,410		184,383


The accompanying notes are an integral part of the financial statements.	107

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Netherlands (continued)
Koninklijke Vopak NV (I)	961	$	70,708
Philips Electronics NV	27,466		803,364
Randstad Holdings NV (I)	3,083		129,132
Reed Elsevier NV	20,737		237,526
Royal Dutch Shell PLC, B Shares	74,699		1,955,896
SBM Offshore NV	4,851		86,102
TNT NV	10,832		280,493
Unilever NV	45,679		1,375,112
Wolters Kluwer NV	8,253		166,425

			9,157,133
New Zealand - 0.07%
Auckland International Airport, Ltd.	27,486		35,668
Contact Energy, Ltd. (I)	5,310		22,618
Fletcher Building, Ltd.	20,485		113,288
Sky City Entertainment Group, Ltd.	13,600		30,309
Telecom Corp. of New Zealand, Ltd.	49,700		79,862

			281,745
Norway - 0.46%
DnB NOR ASA (I)	25,177		273,646
Norsk Hydro ASA (I)	19,777		133,277
Orkla ASA	22,774		178,490
Renewable Energy Corp. AS (I)	11,215		39,835
Statoil ASA	31,240		701,385
Telenor ASA (I)	23,800		300,984
Yara International ASA	5,400		222,575

			1,850,192
Peru - 0.09%
Cia Minera Milpo SAA	22,248		51,402
Compania de Minas Buenaventura SA	2,418		80,657
Compania de Minas Buenaventura SA, ADR	2,819		94,747
Credicorp SA	840		65,100
Credicorp, Ltd., ADR	546		42,643
Southern Peru Copper Corp.	1,346		39,707

			374,256
Philippines - 0.11%
Ascendas Real Estate Investment Trust	46,000		63,183
Ayala Corp.	8,363		52,954
Ayala Land, Inc.	118,600		28,867
Banco De Oro	49,014		40,340
Bank of the Philippine Islands	58,268		59,305
Globe Telecommunications, Inc.	690		14,492
Jollibee Foods Corp.	9,000		11,183
Manila Electric Company	9,142		35,697
Metropolitan Bank & Trust Company	12,800		12,331
Philippine Long Distance Telephone Company	1,100		61,972
PNOC Energy Development Corp.	166,001		17,228
SM Investments Corp.	3,594		28,215
SM Prime Holdings, Ltd.	84,941		17,474

			443,241
Poland - 0.28%
Asseco Poland SA	1,956		37,479
Bank Handlowy w Warszawie SA (I)	917		23,126
Bank Millennium SA (I)	26,612		35,590
Bank Pekao SA (I)	3,147		171,457
Bank Zachodni WBK SA (I)	915		55,422
Boryszew SA (I)	550		304
BRE Bank SA (I)	340		27,194
Cyfrowy Polsat SA	2,783		13,857
Getin Holding SA (I)	12,724		39,983
Globe Trade Centre SA (I)	4,447		32,143
Grupa Lotos SA (I)	2,585		24,408


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Poland (continued)
ING Bank Slaski SA (I)	96	$	21,750
KGHM Polska Miedz SA	3,333		111,240
PBG SA (I)	99		6,710
Polish Oil & Gas Company	19,646		24,104
Polska Grupa Energetyczna SA	8,639		65,363
Polski Koncern Naftowy Orlen SA (I)	8,002		90,635
Powszechna Kasa Oszczednosci Bank
Polski SA	16,501		209,825
Sygnity SA (I)	160		696
Telekomunikacja Polska SA	20,599		110,283
TVN SA	6,487		34,160

			1,135,729
Portugal - 0.17%
Banco Comercial dos Acores SA	88,835		89,947
Banco Espirito Santo SA	14,371		71,684
Brisa Auto Estrada SA	3,494		28,006
Cimpor-Cimentos De Portugal SA	4,112		30,390
Electricidade de Portugal SA	39,468		144,824
Galp Energia SGPS SA	3,671		59,610
Jeronimo Martins SGPS SA	8,639		82,929
Portugal Telecom SGPS SA	18,200		191,556

			698,946
Russia - 1.41%
Comstar United Telesystems, GDR	5,105		29,609
Federal Grid Company Unified Energy System
JSC, GDR (I)(S)	1,540		7,754
Gazprom Neft, SADR	1,693		38,770
Gazprom OAO	6,150		136,912
Gazprom OAO, SADR	82,581		1,836,601
JSC MMC Norilsk Nickel, ADR (I)	32,543		491,074
Lukoil OAO, ADR (L)	17,795		934,238
Mechel, SADR	4,406		101,338
Mobile TeleSystems, SADR	5,997		313,943
NovaTek OAO, ADR	2,746		175,315
Novolipetsk Steel, ADR (I)	3,160		97,644
Polyus Gold Company ZAO, SADR	3,630		97,466
Rosneft Oil Company (I)	27,337		211,243
Rosneft Oil Company, GDR (I)	19,280		148,842
Rostelecom, ADR	877		24,582
Severstal, ADR (I)	4,900		59,290
Sibirtelecom, ADR	424		4,622
Sistema JSFC, Reg. S, GDR (I)	2,929		74,721
Surgutneftegaz SADR	17,331		85,788
Surgutneftegaz, ADR (L)	21,507		175,712
Tatneft, ADR (I)	6,077		184,984
TMK OAO (I)	1,674		29,797
Uralkali (I)	4,492		94,192
UralsvyAzinform, ADR	1,471		8,296
Vimpel-Communications, SADR	9,269		171,940
VolgaTelecom, ADR	1,172		8,204
VTB Bank OJSC, GDR	20,343		98,152
Wimm-Bill-Dann Foods OJSC, ADR (I)	2,144		43,909

			5,684,938
Singapore - 0.97%
Capitaland, Ltd.	73,500		197,550
CapitaMall Trust	69,200		87,094
CapitaMalls Asia, Ltd.	40,000		64,858
City Developments, Ltd.	14,000		102,347
ComfortDelGro Corp., Ltd.	63,000		69,455
Cosco Corp. Singapore, Ltd.	31,000		26,893
DBS Group Holdings, Ltd.	46,500		462,979
Fraser and Neave, Ltd.	26,000		78,821
Golden Agri-Resources, Ltd. (I)	220,240		82,996


The accompanying notes are an integral part of the financial statements.	108

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Singapore (continued)
Jardine Cycle and Carriage, Ltd.	4,254	$	73,455
Keppel Corp., Ltd.	37,210		222,559
Neptune Orient Lines, Ltd.	29,750		37,653
Olam International, Ltd.	35,799		62,051
Oversea-Chinese Banking Corp., Ltd.	71,757		433,273
SembCorp Industries, Ltd.	31,000		83,110
SembCorp Marine, Ltd.	28,600		75,453
Singapore Airlines, Ltd.	15,140		160,305
Singapore Airport Terminal Services, Ltd.	9,592		17,807
Singapore Exchange, Ltd.	23,000		126,340
Singapore Press Holdings, Ltd.	47,000		124,091
Singapore Technologies Engineering, Ltd.	39,000		86,817
Singapore Telecommunications, Ltd.	216,950		470,820
StarHub, Ltd.	17,000		25,889
United Overseas Bank, Ltd.	34,000		451,702
UOL Group, Ltd.	18,000		50,947
Wilmar International, Ltd.	38,000		175,991
Yangzijiang Shipbuilding Holdings, Ltd.	63,000		51,132

			3,902,388
South Africa - 1.37%
ABSA Group, Ltd.	8,857		152,413
African Bank Investments, Ltd.	23,905		95,976
African Rainbow Minerals, Ltd.	2,003		47,781
Anglo Platinum, Ltd. (I)	1,738		161,077
AngloGold Ashanti, Ltd.	7,761		280,709
Aspen Pharmacare Holdings, Ltd. (I)	4,629		42,580
Aveng, Ltd.	8,562		41,493
Bidvest Group, Ltd.	8,527		145,838
Discovery Holdings, Ltd., ADR	9,351		40,735
FirstRand, Ltd.	75,270		177,492
Foschini, Ltd.	3,146		24,643
Gold Fields, Ltd.	16,846		193,376
Growthpoint Properties, Ltd.	32,989		62,113
Harmony Gold Mining Company, Ltd.	8,001		72,387
Hulamin, Ltd.	83		124
Impala Platinum Holdings, Ltd.	15,488		377,326
Imperial Holdings, Ltd.	2,765		33,604
Investec, Ltd.	4,018		28,370
Kumba Iron Ore, Ltd.	2,317		110,258
Kumba Resources, Ltd.	1,715		25,548
Liberty Holdings, Ltd.	1,135		10,327
Massmart Holdings, Ltd.	6,494		77,167
Mittal Steel South Africa, Ltd.	5,872		88,818
MTN Group, Ltd.	41,838		606,654
Murray & Roberts Holdings, Ltd.	5,381		26,921
Naspers, Ltd.	10,537		393,518
Nedbank Group, Ltd.	3,842		59,748
Network Healthcare Holdings, Ltd. (I)	20,102		33,422
Northam Platinum, Ltd.	5,571		32,161
Pick’n Pay Stores, Ltd.	4,684		24,514
Pretoria Portland Cement Company, Ltd.	8,925		37,584
Redefine Income Fund, Ltd.	68,088		66,852
Remgro, Ltd.	11,916		138,959
Reunert, Ltd.	2,083		14,892
RMB Holdings, Ltd.	14,519		55,331
Sanlam, Ltd.	55,213		174,796
Sappi, Ltd. (I)	15,318		58,600
Sasol, Ltd.	15,551		568,283
Shoprite Holdings, Ltd.	12,750		123,703
Standard Bank Group, Ltd.	31,128		433,552
Steinhoff International Holdings, Ltd. (I)	38,329		94,992
Telkom SA, Ltd.	4,799		20,866
Tiger Brands, Ltd.	4,846		110,488
Truworths International, Ltd.	8,531		54,603


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
South Africa (continued)
Vodacom Group Pty, Ltd.	7,004	$	48,782
Woolworths Holdings, Ltd.	12,339		32,959

			5,502,335
South Korea - 2.70%
Amorepacific Corp.	96		64,874
Asiana Airlines, Inc. (I)	676		2,202
Busan Bank	5,225		52,430
Celltrion, Inc. (I)	2,300		35,465
Cheil Industries, Inc.	1,480		75,241
CJ CheilJedang Corp.	238		42,956
Daegu Bank	4,210		53,677
Daelim Industrial Company, Ltd.	690		42,362
Daewoo Engineering &
Construction Company, Ltd.	4,529		44,289
Daewoo International Corp.	1,795		56,129
Daewoo Securities Company, Ltd.	3,370		56,137
Daewoo Shipbuilding & Marine
Engineering Company, Ltd.	3,220		55,876
DC Chemical Company, Ltd.	280		42,573
Dongbu Insurance Company, Ltd.	1,320		35,811
Dongkuk Steel Mill Company, Ltd.	1,380		27,102
Doosan Corp.	310		28,826
Doosan Heavy Industries and
Construction Company, Ltd.	1,150		86,460
Doosan Infracore Company, Ltd.	2,880		46,246
GLOVIS Company, Ltd.	280		23,871
GS Engineering & Construction Corp.	860		64,568
GS Holdings Corp.	1,810		59,561
Hana Financial Group, Inc.	5,340		154,048
Hanjin Heavy Industries &
Construction Company, Ltd.	1,508		28,314
Hanjin Shipping Company, Ltd.	2,213		52,659
Hanjin Shipping Holdings Company, Ltd.	426		5,832
Hankook Tire Company, Ltd.	2,600		52,037
Hanwha Chemical Corp.	3,004		39,446
Hanwha Corp.	1,570		57,941
Hite Brewery Company, Ltd.	147		18,006
Hite Holdings Company, Ltd.	183		3,217
Honam Petrochemical Corp.	500		51,469
Hynix Semiconductor, Inc. (I)	12,430		224,784
Hyosung Corp.	840		63,317
Hyundai Department Store Company, Ltd.	490		42,003
Hyundai Development Company	1,320		37,987
Hyundai Engineering &
Construction Company, Ltd.	1,450		74,794
Hyundai Heavy Industries Company, Ltd.	1,100		195,623
Hyundai Mipo Dockyard Company, Ltd.	360		40,308
Hyundai Mobis	1,820		232,775
Hyundai Motor Company, Ltd.	4,090		405,107
Hyundai Motor Company, Ltd. -
Preferred Shares	560		19,127
Hyundai Securities Company, Ltd.	4,428		49,750
Hyundai Steel Company	1,580		120,818
Industrial Bank of Korea (I)	6,000		68,215
Kangwon Land, Inc.	3,600		51,196
KB Financial Group, Inc. (I)	6,359		266,991
KB Financial Group, Inc., ADR (I)	2,563		107,313
KCC Corp.	160		48,634
Kia Motors Corp. (I)	6,270		117,456
Korea Electric Power Corp. (I)	7,353		235,069
Korea Exchange Bank	7,470		82,053
Korea Gas Corp.	780		33,876
Korea Investment Holdings Company, Ltd.	620		16,180
Korea Line Corp.	240		8,890


The accompanying notes are an integral part of the financial statements.	109

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
South Korea (continued)
Korea Zinc Company, Ltd.	290	$	45,758
Korean Air Lines Company, Ltd. (I)	1,207		60,523
Korean Reinsurance Company, Ltd.	12		109
KT Corp.	3,252		124,976
KT&G Corp.	3,160		175,164
Kumho Industrial Company, Ltd.	960		3,557
LG Chem, Ltd.	1,229		227,555
LG Corp.	2,390		125,594
LG Display Company, Ltd. (I)	6,346		190,029
LG Display Company, Ltd., ADR (I)	439		6,603
LG Electronics, Inc.	2,540		234,073
LG Household & Health Care, Ltd.	270		64,577
LG Telecom, Ltd.	9,657		64,415
Lotte Confectionery Company, Ltd.	20		21,112
Lotte Shopping Company, Ltd.	270		74,302
LS Cable, Ltd.	410		33,128
LS Industrial Systems Company, Ltd.	420		29,487
Mirae Asset Securities Company, Ltd.	454		23,077
NCSoft Corp.	340		38,939
NHN Corp. (I)	1,202		187,470
POSCO	1,616		742,836
POSCO, SADR	575		66,390
S-Oil Corp.	1,520		71,281
S1 Corp.	840		32,656
Samsung Card Company, Ltd.	1,190		51,991
Samsung Corp.	3,457		175,972
Samsung Digital Imaging Company, Ltd. (I)	647		23,989
Samsung Electro-Mechanics Company, Ltd.	1,660		142,982
Samsung Electronics Company, Ltd.	3,012		1,930,341
Samsung Engineering Company, Ltd.	860		90,738
Samsung Fire & Marine
Insurance Company, Ltd.	1,110		176,454
Samsung Heavy Industries Company, Ltd.	4,611		97,908
Samsung SDI Company, Ltd.	1,020		112,875
Samsung Securities Company, Ltd.	1,180		62,905
Samsung Techwin Company, Ltd.	1,062		68,247
Shinhan Financial Group Company, Ltd. (I)	11,043		397,872
Shinsegae Company, Ltd.	392		179,068
Sk Broadband Company, Ltd. (I)	6,459		27,829
SK Energy Company, Ltd.	1,516		139,681
SK Holdings Company, Ltd.	563		41,918
SK Networks Company, Ltd.	2,740		24,657
SK Telecom Company, Ltd.	1,107		164,700
STX Pan Ocean Company, Ltd.	4,057		41,226
STX Shipbuilding Company, Ltd.	1,620		16,675
Taewoong Company, Ltd.	440		28,912
Tong Yang Investment Bank	1,771		16,159
Woongjin Coway Company, Ltd.	1,690		50,632
Woori Finance Holdings Company, Ltd. (I)	7,600		85,398
Woori Investment & Securities Company, Ltd.	3,040		38,872
Yuhan Corp.	300		42,153

			10,875,656
Spain - 2.58%
Abertis Infraestructuras SA	7,524		141,832
Acciona SA	503		55,903
Acerinox SA	2,956		50,516
ACS Actividades de Construccion y
Servicios SA	4,089		181,719
Banco Bilbao Vizcaya Argentaria SA	99,918		1,299,135
Banco de Sabadell SA (L)	27,054		130,940
Banco de Valencia SA (L)	3,702		23,817
Banco Popular Espanol SA (L)	21,611		143,089
Banco Santander SA	227,531		2,966,936
Bankinter SA	5,678		46,365


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Spain (continued)
Cintra Concesiones de Infraestructuras de
Transporte SA	12,480	$	110,003
Criteria Caixacorp SA	18,837		86,187
EDP Renovaveis SA (I)	8,841		71,251
Enagas	3,943		82,307
Fomento de Construcciones SA	688		23,081
Gamesa Corporacion Tecnologica SA	3,654		45,469
Gas Natural SDG SA	5,044		92,545
Gestevision Telecinco SA	1,373		18,160
Grifols SA	2,615		39,550
Iberdrola Renovables SA	25,919		108,659
Iberdrola SA	98,978		796,987
Iberia Lineas Aereas de Espana SA (I)	5,605		16,918
Inditex SA	5,522		325,625
Indra Sistemas SA	1,985		40,622
Mapfre SA	13,669		49,226
Red Electrica De Espana	2,909		146,428
Repsol YPF SA	20,195		457,447
Sacyr Vallehermoso SA (I)	1,366		11,105
Telefonica SA	118,170		2,775,554
Zardoya Otis SA	3,028		55,042

			10,392,418
Sweden - 1.70%
Alfa Laval AB	7,500		106,403
Assa Abloy AB, Series B	9,400		176,469
Atlas Copco AB, Series A	19,168		271,370
Atlas Copco AB, Series B	9,473		122,290
Electrolux AB (I)	6,723		142,843
Ericsson (LM), Series B	80,000		800,258
Getinge AB, Series B	6,266		144,474
Hennes & Mauritz AB	13,750		834,020
Holmen AB, Seires B	1,300		32,271
Husqvarna AB, B Shares (I)	9,889		63,688
Investor AB, B Shares	11,800		209,632
Lundin Petroleum AB (I)	4,175		31,713
Nordea Bank AB	91,175		890,408
Sandvik AB	25,611		275,663
Scania AB, Series B	7,000		98,903
Securitas AB, Seires B	10,000		107,956
Skandinaviska Enskilda Banken AB (I)	42,280		256,153
Skanska AB, Seires B	11,500		190,227
SKF AB, B Shares	11,700		184,896
SSAB AB, Series A	4,300		72,062
SSAB Svenskt Stal AB, Series B	1,150		17,515
Svenska Cellulosa AB, B Shares	16,400		242,507
Svenska Handelsbanken AB	13,800		376,649
Swedbank AB, Class A (I)	17,150		164,168
Swedish Match AB	7,500		170,808
Tele2 AB, Series B	7,491		111,412
Teliasonera AB	62,500		432,580
Volvo AB, Seires B	30,300		256,622
Volvo AB, Series A	9,356		78,463

			6,862,423
Switzerland - 5.57%
ABB, Ltd. (I)	62,853		1,270,853
Actelion, Ltd. (I)	3,025		154,201
Adecco SA (L)	3,628		180,389
Aryzta AG	3,099		116,138
Baloise Holding AG	1,537		132,248
BKW FMB Energie AG	713		52,073
Compagnie Financiere Richemont SA	14,672		494,425
Credit Suisse Group AG	32,055		1,427,137
GAM Holding, Ltd.	6,587		71,857


The accompanying notes are an integral part of the financial statements.	110

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Switzerland (continued)
Geberit AG	1,150	$	196,968
Givaudan AG	226		185,654
Holcim, Ltd. (I)	6,842		452,710
Julius Baer Group, Ltd.	6,086		189,625
Kuehne & Nagel International AG	1,628		147,671
Lindt & Spruengli AG-PC	36		73,378
Lindt & Spruengli AG-REG	5		116,356
Logitech International SA (I)	7,398		113,891
Lonza Group AG	1,429		112,574
Nestle SA	98,767		4,913,891
Nobel Biocare Holding AG (L)	4,707		119,697
Novartis AG (L)	60,103		3,333,895
Pargesa Holding SA, ADR	1,087		85,236
Roche Holdings AG	20,011		3,342,757
Schindler Holding AG - PC	2,032		162,363
Schindler Holding AG - REG	241		19,124
SGS SA	159		212,889
Sonova Holding AG	1,380		172,127
Straumann Holding AG	338		82,432
Swatch Group AG	2,256		119,745
Swatch Group AG, BR Shares	884		245,907
Swiss Life Holding (I)	857		108,236
Swiss Re	9,669		435,568
Swisscom AG	674		231,568
Syngenta AG	2,695		697,688
Synthes AG (L)	1,713		204,330
UBS AG (I)	101,349		1,396,976
Unaxis Holding AG (I)	774		26,134
Zurich Financial Services AG	4,196		1,013,763

			22,412,474
Taiwan - 1.66%
Acer, Inc.	57,120		160,135
Advanced Semiconductor Engineering, Inc.	94,302		74,907
Advantech Company, Ltd.	1,519		3,069
Asia Cement Corp.	28,611		26,209
Asia Optical Company, Inc.	79		159
Asustek Computer, Inc.	80,739		142,191
AU Optronics Corp.	160,701		166,036
BenQ Corp. (I)	12,400		5,948
Catcher Technology Company, Ltd.	8,657		17,667
Cathay Financial Holdings Company, Ltd. (I)	127,750		205,769
Chang Hwa Commercial Bank, Ltd.	82,000		36,115
Cheng Shin Rubber Industry Company, Ltd.	13,602		26,276
Cheng Uei Precision Industry Company, Ltd.	2,664		4,859
Chi Mei Optoelectronics Corp. (I)	104,454		72,060
China Airlines, Ltd. (I)	19,577		6,341
China Development Financial
Holdings Corp. (I)	179,352		48,778
China Motor Company, Ltd. (I)	55		31
China Steel Corp.	213,204		213,767
Chinatrust Finance Holding Company, Ltd.	181,705		98,401
Chunghwa Picture Tubes, Ltd. (I)	135,000		13,104
Chunghwa Telecom Company, Ltd.	104,438		194,905
CMC Magnetics Corp. (I)	29,000		7,507
Compal Communications, Inc.	410		405
Compal Electronics, Inc.	73,069		104,701
D-Link Corp.	743		754
Delta Electronics, Inc.	35,893		104,634
E.Sun Financial Holding Company, Ltd. (I)	65,343		24,194
Epistar Corp.	8,946		23,996
Eternal Chemical Company, Ltd.	3,353		3,247
EVA Airways Corp. (I)	17,181		6,503
Evergreen Marine Corp. (I)	11,000		6,581
Everlight Electronics Company, Ltd.	2,177		6,301


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Taiwan (continued)
Far Eastern Department Stores Company, Ltd.	6,489	$	4,637
Far Eastern New Century Corp.	56,145		60,686
Far EasTone
Telecommunications Company, Ltd.	30,463		36,275
First Financial Holding Company, Ltd.	105,596		56,753
Formosa Chemicals & Fibre Corp.	58,710		132,533
Formosa Petrochemical Corp.	26,780		67,772
Formosa Plastic Corp.	85,600		184,593
Formosa Taffeta Company, Ltd.	9,000		6,689
Foxconn Technology Company, Ltd.	12,790		45,209
Fubon Financial Holding Company, Ltd. (I)	117,000		129,398
HannStar Display Corp. (I)	63,921		12,772
High Tech Computer Corp.	14,196		143,306
HON HAI Precision Industry Company, Ltd.	184,027		727,986
Hua Nan Financial Holdings Company, Ltd.	63,427		39,530
InnoLux Display Corp.	42,728		60,691
Inotera Memories, Inc. (I)	5,395		3,704
Inventec Appliances Corp.	651		578
Inventec Company, Ltd.	38,808		21,218
KGI Securities Company, Ltd.	23,000		9,922
Kinsus Interconnect Technology Corp.	527		1,207
Largan Precision Company, Ltd.	2,121		27,335
Lite-On Technology Corp.	44,316		57,026
Macronix International Company, Ltd.	69,453		37,215
MediaTek, Inc.	22,088		347,522
Mega Financial Holding Company, Ltd.	171,000		94,565
Mitac International	8,691		3,736
Mosel Vitelic, Inc. (I)	327		148
Motech Industries, Inc.	3,490		13,600
Nan Ya Plastics Corp.	109,180		215,725
Nan Ya Printed Circuit Board Corp.	2,147		8,424
Nanya Technology Corp. (I)	23,562		17,459
Novatek Microelectronics Corp., Ltd.	10,326		29,044
Pan-International Industrial Company, Ltd.	104		155
Polaris Securities Company, Ltd. (I)	43,990		21,515
Pou Chen Corp.	50,557		37,247
Powerchip Semiconductor Corp. (I)	170,386		19,829
Powertech Technology, Inc.	11,607		39,415
President Chain Store Corp.	7,952		18,688
Quanta Computer, Inc.	46,625		95,161
Realtek Semiconductor Corp.	9,194		24,060
Richtek Technology Corp.	1,155		10,776
Shin Kong Financial Holding
Company, Ltd. (I)	93,329		33,388
Siliconware Precision Industries Company	62,665		72,713
SinoPac Holdings Company, Ltd. (I)	107,000		34,494
Synnex Technology International Corp.	21,477		45,241
Taishin Financial Holdings Company, Ltd. (I)	66,194		22,263
Taiwan Cellular Corp.	41,802		78,306
Taiwan Cement Corp.	62,205		57,369
Taiwan Cooperative Bank	62,100		35,414
Taiwan Fertilizer Company, Ltd.	16,000		48,347
Taiwan Glass Industrial Corp.	10,080		9,013
Taiwan Semiconductor
Manufacturing Company, Ltd.	582,788		1,068,639
Tatung Company, Ltd. (I)	46,000		9,603
Teco Electric & Machinery Company, Ltd.	29,000		11,582
Transcend Information, Inc.	2,202		7,442
Tripod Technology Corp.	8,542		28,472
Tung Ho Steel Enterprise Corp.	6,424		7,236
U-Ming Marine Transport Corp.	7,000		13,283
Uni-President Enterprises Corp.	73,708		81,764
Unimicron Technology Corp.	17,513		19,574
United Microelectronics Corp. (I)	254,729		122,585
Vanguard International Semiconductor Corp.	284		123


The accompanying notes are an integral part of the financial statements.	111

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Taiwan (continued)
Wafer Works Corp.	33	$	51
Walsin Lihwa Corp. (I)	39,000		12,745
Wan Hai Lines, Ltd. (I)	11,400		5,768
Wistron Corp.	47,866		82,012
Ya Hsin Industrial Company, Ltd. (I)	18,000		0
Yang Ming Marine Transport Corp.	7,609		2,679
Yuanta Financial Holdings Company, Ltd.	153,825		87,210
Yulon Motor Company, Ltd.	15,449		14,752
Zinwell Corp.	180		354

			6,682,076
Thailand - 0.27%
Advanced Info Service PCL	23,609		62,834
Bangkok Bank PCL	29,400		105,396
Bangkok Bank PCL, Foreign Shares	6,600		10,332
Bank of Ayudhya PCL	141,800		88,644
Banpu PCL	2,300		38,182
BEC World PCL	18,400		12,799
C.P. Seven Eleven PCL	49,000		34,974
Charoen Pokphand Foods PCL	75,000		27,900
Glow Energy PCL	32,900		33,084
IRPC PCL	254,154		33,821
Kasikornbank PCL	12,500		32,711
Kasikornbank PCL, Foreign Shares	28,100		76,580
Krung Thai Bank PCL	57,000		17,239
Land & Houses PCL, Foreign Shares	7,800		1,451
PTT Aromatics & Refining PCL	17,600		14,239
PTT Chemical PCL	6,700		16,160
PTT Exploration & Production PCL	30,706		125,369
PTT PCL, Foreign Shares	18,082		126,872
Siam Cement PCL, Foreign Shares	8,900		61,596
Siam Commercial Bank PCL	26,128		66,377
Thai Oil PCL	32,800		42,903
TMB Bank PCL (I)	360,144		14,269
Total Access Communication PCL	32,000		33,873

			1,077,605
Turkey - 0.31%
Adana Cimento Sanayii Turk Anonim
Sirketi, Class A	575		1,972
Akbank AS	18,584		93,853
Aksigorta AS	2,924		2,992
Anadolu Efes Biracilik Ve Malt Sanayii AS	3,888		39,261
Arcelik AS (I)	22		74
Asya Katilim Bankasi AS (I)	22,456		52,939
BIM Birlesik Magazalar AS	1,567		69,444
Coca-Cola Icecek AS	4,126		38,441
Dogan Sirketler Grubu Holdings AS	20,271		13,772
Enka Insaat ve Sanayi AS	3,082		12,075
Eregli Demir ve Celik Fabrikalari (I)	5,423		14,817
HACI Omer Sabanci Holding AS	19,537		74,033
HACI Omer Sabanci Holding AS - New Shares	2,093		7,714
KOC Holdings AS (I)	20,858		62,120
Tupras Turkiye Petrol Rafine AS	4,261		77,264
Turk Hava Yollari AS	13,008		41,265
Turk Sise ve Cam Fabrikalari AS (I)	8,677		10,111
Turk Telekomunikasyon AS	9,846		30,832
Turkcell Iletisim Hizmetleri AS	17,555		103,394
Turkcell Iletisim Hizmetleri AS, ADR	819		12,129
Turkiye Garanti Bankasi AS	59,379		219,289
Turkiye Halk Bankasi AS	12,137		76,640
Turkiye Is Bankasi	14,728		38,857
Turkiye Is Bankasi AS	31,936		88,555
Turkiye Vakiflar Bankasi Tao (I)	18,789		42,859


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Turkey (continued)
Yapi ve Kredi Bankasi AS (I)	20,051	$	43,117

			1,267,819
United Kingdom - 13.65%
3i Group PLC	26,575		106,805
Admiral Group PLC	5,305		100,419
AMEC PLC	10,366		124,541
Anglo American PLC (I)	36,333		1,324,903
Antofagasta PLC	10,214		137,674
Associated British Foods PLC	10,691		154,873
AstraZeneca PLC	40,190		1,769,653
Astro All Asia Networks PLC, GDR	11,900		11,866
Autonomy Corp. PLC	5,868		136,933
Aviva PLC	74,673		445,379
BAE Systems PLC	96,187		549,133
Balfour Beatty PLC	19,634		82,678
Barclays PLC	314,766		1,506,863
BG Group PLC	92,595		1,616,416
BHP Billiton PLC	61,171		1,884,062
BP PLC	521,999		4,607,867
British Airways PLC (L)	20,191		65,046
British American Tobacco PLC	55,830		1,897,885
British Land Company PLC	24,587		165,232
British Sky Broadcasting Group PLC	30,669		254,501
BT Group PLC	213,844		374,627
Bunzl PLC	10,117		104,971
Burberry Group PLC	13,233		126,248
Cable & Wireless PLC	72,110		150,020
Cairn Energy PLC	36,780		187,523
Capita Group PLC	18,056		197,115
Carnival PLC (I)	4,579		173,718
Carphone Warehouse Group PLC	15,560		43,985
Centrica PLC	143,173		610,585
Cobham PLC	31,570		116,344
Compass Group PLC	53,220		395,802
Diageo PLC	69,614		1,131,979
Drax Group PLC	11,656		71,090
Eurasian Natural Resources Corp.	6,589		103,246
F&C Asset Management PLC	4,980		4,211
FirstGroup PLC	14,769		80,074
G4S PLC	37,958		156,738
GKN PLC (I)	50,938		87,501
GlaxoSmithKline PLC	143,500		2,660,466
Hammerson PLC	19,061		111,476
Home Retail Group PLC	22,261		86,584
HSBC Holdings PLC	482,643		5,301,541
ICAP PLC	15,653		77,749
Imperial Tobacco Group PLC	28,209		880,301
Inmarsat PLC	13,355		149,258
Intercontinental Hotels Group PLC	7,266		101,953
International Power PLC	43,789		216,621
Invensys PLC	19,865		95,345
Investec PLC	11,731		79,703
J Sainsbury PLC	33,509		168,872
Johnson Matthey PLC	5,825		141,094
Kazakhmys PLC (I)	6,463		132,251
Kingfisher PLC	67,981		222,933
Ladbrokes PLC	529		1,177
Land Securities Group PLC	20,166		194,472
Legal & General Group PLC	171,757		202,029
Liberty International PLC	14,088		101,665
Lloyds TSB Group PLC	1,075,503		863,867
London Stock Exchange Group PLC	5,241		53,236
Lonmin PLC, ADR (I)	3,930		108,339
Man Group PLC	50,544		173,247


The accompanying notes are an integral part of the financial statements.	112

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
United Kingdom (continued)
Marks & Spencer Group PLC	44,717	$	225,151
National Express Group PLC (L)	15,219		47,104
National Grid PLC	67,936		675,632
Next PLC	5,456		156,035
Old Mutual PLC	151,180		261,817
Pearson PLC	21,727		303,350
Petrofac, Ltd.	5,432		85,095
Pharmstandard	2,297		47,571
PIK Group, GDR (I)	7,058		32,674
Prudential PLC	69,791		642,541
Randgold Resources, Ltd.	2,454		176,354
Reckitt Benckiser Group PLC	17,116		900,256
Reed Elsevier PLC	34,145		256,575
Resolution, Ltd. (I)	78,808		86,829
Rexam PLC	24,292		103,423
Rio Tinto PLC	37,991		1,966,970
Rolls-Royce Group PLC (I)	53,117		452,039
Royal & Sun Alliance PLC	100,306		198,277
Royal Bank of Scotland Group PLC	459,094		264,020
Royal Dutch Shell PLC	98,069		2,677,719
SABMiller PLC	26,283		689,277
Sage Group PLC	35,806		129,321
Schroders PLC	3,719		67,817
Scottish & Southern Energy PLC	25,366		433,564
Segro PLC	20,636		100,420
Serco Group PLC	14,226		120,056
Severn Trent PLC	6,921		122,954
Shire PLC	15,037		323,089
Smith & Nephew PLC	25,269		259,960
Smiths Group PLC	10,178		161,303
Standard Chartered PLC	56,381		1,345,996
Standard Life PLC	61,226		182,404
Tesco PLC	218,849		1,400,853
Thomas Cook Group PLC	21,404		76,978
Tomkins PLC	25,799		75,789
TUI Travel PLC	16,592		69,388
Tullow Oil PLC	24,131		437,448
Unilever PLC	35,774		1,049,786
United Utilities Group PLC	18,200		150,848
Vedanta Resources PLC	4,036		156,903
Vodafone Group PLC	1,454,585		3,137,991
Whitbread PLC	4,914		106,389
William Morrison Supermarket PLC	59,579		271,163
Wolseley PLC (I)	8,304		196,360
WPP PLC, SADR	33,476		306,920
Xstrata PLC (I)	52,916		831,825

			54,946,919
United States - 0.03%
Southern Copper Corp. (L)	4,443		130,446

TOTAL COMMON STOCKS (Cost $359,879,218)		$	372,478,560


PREFERRED STOCKS - 2.25%
Brazil - 1.95%
AES Tiete SA (N)	3,800		39,952
Banco Bradesco SA (N)	47,215		813,849
Banco do Estado do Rio Grande do Sul (N)	8,516		68,283
Banco Itau Holding Financeira SA (N)	56,281		1,136,738
Bradespar SA (N)	6,500		141,823
Brasil Telecom SA (N)	7,566		51,999
Braskem SA, A Shares (I)	6,600		46,675
Centrais Eletricas Brasileiras SA (N)	5,700		90,492
Cia de Transmissao de Energia
Eletrica Paulista (N)	1,219		32,682
Cia Energetica de Minas Gerais (N)	9,342		153,585


International Equity Index Fund (continued)
	Shares or
	Principal
	Amount		Value


PREFERRED STOCKS (continued)
Brazil (continued)
Cia Energetica de Sao Paulo (N)	5,638	$	72,536
Cia Paranaense de Energia (N)	3,100		63,127
Companhia Brasileira de Distribuicao Grupo
Pao de Acucar (N)	2,139		72,675
Companhia de Bebidas das Americas (N)	3,923		377,766
Companhia de Bebidas das
Americas, ADR (N)	338		32,769
Companhia Vale do Rio Doce (N)	58,282		1,433,547
Eletropaulo Metropolitana de Sao
Paulo SA (N)	2,944		61,123
Fertilizantes Fosfatados SA (I)	3,600		35,658
Gerdau SA (N)	17,860		261,404
Gol Linhas Aereas Inteligentes SA	3,300		44,830
Investimentos Itau SA (N)	64,859		414,891
Klabin SA (N)	15,000		39,427
Lojas Americanas SA (N)	10,000		71,936
Metalurgica Gerdau SA (N)	7,900		143,605
Net Servicos de Comunicacao SA (I)	5,460		67,134
Petroleo Brasileiro SA (N)	80,684		1,545,236
Suzano Papel e Celulose SA (N)	4,700		48,375
Tam SA (N)	2,590		47,998
Tele Norte Leste Participacoes SA (N)	4,500		77,940
Telemar Norte Leste SA (N)	1,000		28,609
Tim Participacoes SA (N)	23,740		67,523
Usinas Siderurgicas de Minas Gerais SA (N)	6,242		177,262
Vivo Participacoes SA (N)	3,599		97,784

			7,859,233
Germany - 0.22%
Bayerische Motoren Werke (BMW) AG (N)	1,562		47,738
Fresenius SE (N)	2,418		169,974
Henkel AG & Company KGaA (N)	4,982		256,614
Porsche Automobil Holding SE (N)	2,619		131,541
RWE AG (N)	1,078		85,250
Volkswagen AG (N)	2,588		210,661

			901,778
Malaysia - 0.00%
Malaysian Airline System BHD (N)	1,800		365
South Korea - 0.08%
Hyundai Motor Company, Ltd. (N)	1,300		46,581
LG Electronics, Inc. (N)	830		30,177
Samsung Electronics Company, Ltd. (N)	540		226,820

			303,578

TOTAL PREFERRED STOCKS (Cost $7,226,523)		$	9,064,954


WARRANTS - 0.00%
France - 0.00%
Fonciere Des Regions (Expiration Date:
12/31/2010, Strike Price: EUR 65.00) (I)	630		421
Italy - 0.00%
Mediobanca SPA (Expiration Date:
03/18/2011, Strike Price: EUR 9.00) (I)	9,525		1,154
UBI Banca SCPA (Expiration Date:
06/30/2011, Strike Price: EUR 12.30) (I)	23,168		1,051

			2,205
Malaysia - 0.00%
IJM Land BHD (Expiration Date: 09/11/2013,
Strike Price: MYR 1.35) (I)	3,090		989


The accompanying notes are an integral part of the financial statements.	113

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Equity Index Fund (continued)
		Shares or
		Principal
		Amount		Value

WARRANTS (continued)
Singapore - 0.00%
Golden Agri-Resources, Ltd. (Expiration Date:
07/23/2012, Strike Price: SGD 0.54) (I)	$	12,800	$	1,093

TOTAL WARRANTS (Cost $240)			$	4,708


RIGHTS - 0.00%
Greece - 0.00%
Marfin Investment Group SA (Expiration
Date: 03/04/2010) (I)		14,926		203
Malaysia - 0.00%
Malaysian Airline System BHD (Expiration
Date: 03/03/2010) (I)		7,200		190
Poland - 0.00%
Asseco Poland SA (Expiration Date:
05/05/2010, Strike Price: PLN 54.00) (I)		1,956		0
Boryszew SA (Expiration
Date: 03/29/2010) (I)		550		1,424

				1,424

TOTAL RIGHTS (Cost $5,326)			$	1,817


SHORT-TERM INVESTMENTS - 6.41%
*Short-Term Securities - 3.90%**
AIM Short-Term Investment Trust, STIC
Prime Portfolio, Institutional Class	$	15,702,977		15,702,977
Securities Lending Collateral - 2.51%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		1,011,096		10,121,176

TOTAL SHORT-TERM INVESTMENTS (Cost $25,819,975)			$	25,824,153

Total Investments (International Equity Index Fund)
(Cost $392,931,282) - 101.16%			$	407,374,192
Other assets and liabilities, net - (1.16%)				(4,680,280)

TOTAL NET ASSETS - 100.00%			$	402,693,912

For sector weighting information see pages 3-8.


International Opportunities Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 91.80%
Australia - 1.14%
CSL, Ltd.	322,427	$	9,925,887
Belgium - 2.98%
Anheuser-Busch InBev NV	519,548		25,971,680
Brazil - 7.64%
Cyrela Brazil Realty SA	1,093,900		13,649,916
Gafisa SA	1,677,966		12,720,656
JBS SA	973,000		4,888,825
OGX Petroleo e Gas Participacoes SA	1,421,938		12,392,731
PDG Realty SA Empreendimentos
e Participacoes	958,400		8,575,563
Vale SA	512,050		14,265,713

			66,493,404
Canada - 4.23%
Canadian National Railway Company	208,867		10,998,936
Research In Motion, Ltd. (I)	304,128		21,556,593
The Toronto-Dominion Bank	67,306		4,301,136

			36,856,665


International Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
China - 2.25%
Baidu, Inc., SADR (I)	8,739	$	4,532,745
Ctrip.com International, Ltd., ADR (I)	118,200		4,518,786
Longtop Financial Technologies, Ltd. (I)	182,977		6,074,836
Tencent Holdings, Ltd.	226,300		4,424,984

			19,551,351
Denmark - 2.50%
Novo Nordisk AS	238,890		16,873,990
Novozymes AS, B Shares	47,740		4,901,309

			21,775,299
France - 7.54%
Accor SA	199,799		10,104,623
Alstom SA	195,537		12,518,628
BNP Paribas	119,491		8,664,085
Pernod-Ricard SA	117,640		8,865,128
Publicis Groupe SA	223,141		8,804,269
Schneider Electric SA	156,589		16,734,741

			65,691,474
Germany - 8.54%
Adidas-Salomon AG	175,790		8,706,049
BASF SE	460,546		25,853,330
Daimler AG	260,405		10,869,340
Infineon Technologies AG (I)	1,504,852		8,181,892
Metro AG	236,981		12,150,178
ThyssenKrupp AG	272,403		8,621,066

			74,381,855
Hong Kong - 4.54%
Cheung Kong Holdings, Ltd.	495,000		6,053,828
China Resources Enterprises, Ltd.	1,247,000		4,379,610
CNOOC, Ltd.	5,425,600		8,495,317
Hang Lung Properties, Ltd.	1,289,000		4,951,307
Li & Fung, Ltd.	2,418,000		11,254,724
Noble Group, Ltd.	1,938,000		4,368,084

			39,502,870
India - 2.79%
ICICI Bank, Ltd., SADR	406,844		15,561,783
Reliance Industries, Ltd., ADR (S)	205,300		8,704,720

			24,266,503
Ireland - 1.58%
Covidien PLC	280,000		13,753,600
Israel - 2.49%
Teva Pharmaceutical Industries, Ltd., SADR	361,636		21,701,776
Japan - 11.03%
Canon, Inc.	315,500		13,100,281
Daikin Industries, Ltd.	115,105		4,425,744
Daiwa Securities Group, Inc.	1,700,000		8,391,958
FamilyMart Company, Ltd.	281,300		9,018,672
Honda Motor Company, Ltd.	346,400		12,001,640
Marubeni Corp.	2,891,000		17,257,735
Matsushita Electric Industrial Company, Ltd.	665,400		9,235,982
Mizuho Financial Group, Inc.	4,324,700		8,438,236
Nintendo Company, Ltd.	35,500		9,665,726
Sumco Corp. (I)	249,300		4,530,288

			96,066,262
Netherlands - 2.49%
Akzo Nobel NV	171,217		8,710,479
Heineken NV	264,532		12,991,545

			21,702,024
Singapore - 1.57%
Capitaland, Ltd.	5,102,000		13,712,900


The accompanying notes are an integral part of the financial statements.	114

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Opportunities Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Spain - 5.81%
Banco Bilbao Vizcaya Argentaria SA		393,950	$	5,122,144
Inditex SA		330,559		19,492,617
Telefonica SA		1,106,173		25,981,581

				50,596,342
Switzerland - 13.54%
ABB, Ltd. (I)		451,991		9,139,009
Actelion, Ltd. (I)		79,725		4,064,016
Credit Suisse Group AG		590,341		26,282,863
Julius Baer Group, Ltd.		151,289		4,713,790
Lonza Group AG		110,152		8,677,543
Nestle SA		261,910		13,030,640
Novartis AG		233,762		12,966,706
Swatch Group AG, BR Shares		15,334		4,265,537
Syngenta AG		66,393		17,187,969
Transocean, Ltd. (I)		219,836		17,547,310

				117,875,383
Taiwan - 0.87%
HON HAI Precision Industry Company, Ltd.		1,924,457		7,612,895
United Kingdom - 8.27%
Autonomy Corp. PLC (I)		461,806		10,776,504
Compass Group PLC		1,360,723		10,119,821
HSBC Holdings PLC		2,372,100		26,056,080
Reckitt Benckiser Group PLC		163,728		8,611,654
Standard Chartered PLC		360,600		8,608,682
Tesco PLC		1,219,989		7,809,153

				71,981,894

TOTAL COMMON STOCKS (Cost $705,165,385)				799,420,064


PREFERRED STOCKS - 0.49%
Germany - 0.49%
Fresenius SE (N)		61,077		4,293,415

TOTAL PREFERRED STOCKS (Cost $4,388,132)				4,293,415


SHORT-TERM INVESTMENTS - 4.65%
*Short-Term Securities - 4.65%**
State Street Institutional Investment Treasury
Money Market Fund, 0.000%	$	40,525,188		40,525,188

TOTAL SHORT-TERM INVESTMENTS (Cost $40,525,188)				40,525,188

Total Investments (International Opportunities Fund)
(Cost $750,078,705) - 96.94%				844,238,667
Other assets and liabilities, net - 3.06%				26,642,435

TOTAL NET ASSETS - 100.00%				870,881,102


For sector weighting information see pages 3-8.


International Small Cap Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 94.13%
Australia - 7.87%
Billabong International, Ltd. (L)	582,159	$	5,296,004
Emeco Holdings, Ltd. (I)	6,312,426		3,866,112
Iluka Resources, Ltd. (I)	1,332,182		4,265,162
Pacific Brands, Ltd. (I)	4,030,539		4,107,926
PaperlinX, Ltd. (I)	3,944,547		2,204,512

			19,739,716


International Small Cap Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Bahamas - 1.76%
Steiner Leisure, Ltd. (I)	102,805	$	4,417,531
Belgium - 1.33%
Barco NV (I)	84,270		3,342,452
Canada - 10.34%
ATS Automation Tooling Systems, Inc. (I)	585,060		3,819,960
Biovail Corp.	298,600		4,418,554
Canaccord Capital, Inc.	676,106		5,442,518
Dorel Industries, Inc., Class B	89,800		2,586,807
Genworth MI Canada, Inc.	30,600		792,482
Genworth MI Canada, Inc. (S)	138,800		3,594,659
HudBay Minerals, Inc. (I)	170,300		2,151,005
Mullen Group, Ltd.	214,400		3,131,846

			25,937,831
China - 4.93%
Bio-Treat Technology, Ltd. (I)	6,487,624		392,073
People’s Food Holdings, Ltd.	7,679,704		3,715,563
Sinotrans, Ltd., Class H (I)	17,808,000		4,819,121
Travelsky Technology, Ltd.	4,278,014		3,439,736

			12,366,493
Finland - 4.23%
Amer Sports Oyj (L)	703,688		7,770,488
Huhtamaki Oyj	260,656		2,839,364

			10,609,852
Germany - 1.36%
Jenoptik AG (I)	552,685		3,422,477
Hong Kong - 10.48%
Dah Sing Financial Group (I)	1,074,374		5,454,951
Fountain SET Holdings, Ltd. (I)	8,483,425		1,423,987
Giordano International, Ltd.	13,876,365		4,356,254
Lerado Group Holding Company, Ltd.	9,483,682		1,369,878
Stella International Holdings, Ltd.	2,648,500		5,459,760
Texwinca Holdings, Ltd.	4,668,907		4,193,060
Yue Yuen Industrial Holdings, Ltd.	1,356,640		4,029,819

			26,287,709
Japan - 6.28%
ASICS Corp.	53,000		496,652
Descente, Ltd.	807,860		4,400,280
En-japan, Inc.	1,295		1,525,434
Kobayashi Pharmaceutical Company, Ltd.	63,500		2,592,632
Meitec Corp. (I)	78,111		1,428,872
Takuma Company, Ltd. (I)	856,000		1,993,695
USS Company, Ltd.	51,080		3,313,990

			15,751,555
Liechtenstein - 1.34%
Verwaltungs & Privat Bank AG	33,515		3,360,543
Luxembourg - 0.03%
Elcoteq SE (I)(L)	47,764		81,290
Netherlands - 9.00%
Aalberts Industries NV (L)	240,220		3,340,685
Draka Holding NV (I)(L)	262,838		4,340,633
Imtech NV	92,263		2,818,654
OPG Groep NV	220,888		3,771,259
SBM Offshore NV	130,024		2,307,832
TKH Group NV	267,936		4,922,501
USG People NV (I)	66,804		1,083,077

			22,584,641
Norway - 1.46%
Tomra Systems ASA	758,890		3,661,215


The accompanying notes are an integral part of the financial statements.	115

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Cap Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Singapore - 0.17%
Huan Hsin Holdings, Ltd. (I)		2,502,298	$	427,226
South Korea - 6.93%
Binggrae Company, Ltd.		58,460		2,368,733
Busan Bank		283,930		2,849,106
Daeduck Electronics Company, Ltd.		336,490		1,750,620
Daegu Bank		239,030		3,047,589
Intops Company, Ltd.		86,071		1,197,606
Sindoh Company, Ltd.		80,243		3,742,653
Youngone Corp.		297,622		2,440,787

				17,397,094
Spain - 1.12%
Sol Melia SA (L)		391,218		2,823,007
Sweden - 1.50%
D. Carnegie & Company AB (I)		739,376		0
Niscayah Group AB		1,871,930		3,755,773

				3,755,773
Switzerland - 2.62%
Panalpina Welttransport Holding AG		65,410		4,383,692
Vontobel Holding AG		74,002		2,203,092

				6,586,784
Taiwan - 6.89%
D-Link Corp.		1,621,668		1,646,447
Giant Manufacturing Company, Ltd.		1,547,400		4,287,330
KYE System Corp.		3,198,066		2,868,973
Ta Chong Bank, Ltd. (I)		19,555,000		3,832,068
Taiwan Fu Hsing Industrial Company, Ltd.		2,164,000		1,278,470
Test-Rite International Company, Ltd.		6,015,299		3,379,154

				17,292,442
Thailand - 4.21%
Bank of Ayudhya PCL		8,190,800		5,120,361
Glow Energy PCL		2,703,888		2,719,016
Total Access Communication PCL (L)		2,583,260		2,712,423

				10,551,800
United Kingdom - 8.41%
Bodycote PLC		1,223,989		3,335,054
Burberry Group PLC		432,109		4,122,478
Fiberweb PLC		3,126,880		2,741,541
Future PLC		5,278,067		1,509,152
Game Group PLC		1,088,345		1,361,133
Henderson Group PLC		2,761,970		5,287,737
Yule Catto & Company PLC (I)		1,069,605		2,756,833

				21,113,928
United States - 1.87%
MF Global Holdings, Ltd. (I)(L)		677,490		4,688,231

TOTAL COMMON STOCKS (Cost $226,921,225)			$	236,199,590


SHORT-TERM INVESTMENTS - 11.69%
*Short-Term Securities - 5.71%**
Royal Bank of Canada, Time Deposit, 0.100%	$	4,340,000		4,340,000
Paribas Corp., Time Deposit, 0.120%		10,000,000		10,000,000

				14,340,000


International Small Cap Fund (continued)
		Shares or
		Principal
		Amount		Value

SHORT-TERM INVESTMENTS (continued)
SECURITIES LENDING COLLATERAL - 5.98%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*	$	1,498,516	$	15,000,297

TOTAL SHORT-TERM INVESTMENTS (Cost $29,338,508)			$	29,340,297

Total Investments (International Small Cap Fund)
(Cost $256,259,733) - 105.82%			$	265,539,887
Other assets and liabilities, net - (5.82%)				(14,616,115)

TOTAL NET ASSETS - 100.00%			$	250,923,772

For sector weighting information see pages 3-8.


International Small Company Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 99.37%
Australia - 7.63%
Acrux, Ltd. (I)	23,000	$	42,210
Adelaide Brighton, Ltd.	59,012		124,968
Aditya Birla Minerals, Ltd. (I)	40,783		34,541
AED Oil, Ltd. (I)	18,722		9,368
AJ Lucas Group, Ltd.	6,727		18,037
Alchemia, Ltd. (I)	25,636		15,455
Alesco Corp., Ltd.	12,775		49,876
Alkane Resources, Ltd. (I)	7,000		1,936
Alliance Resources, Ltd. (I)	40,937		19,037
Amalgamated Holdings, Ltd.	17,582		89,397
Andean Resources, Ltd. (I)	26,470		60,785
Ansell, Ltd.	19,222		196,612
Anvil Mining, Ltd. (I)	12,049		42,599
APA Group, Ltd.	20,059		62,116
APN News & Media, Ltd. (L)	38,762		79,233
ARB Corp., Ltd.	8,257		41,003
Aristocrat Leisure, Ltd.	11,020		41,700
Atlas Iron, Ltd. (I)(L)	25,974		46,852
Ausdrill, Ltd.	7,764		13,890
Ausenco, Ltd.	8,453		29,457
Austal, Ltd.	12,569		27,461
Austar United Communications, Ltd. (I)	82,457		82,972
Austereo Group, Ltd.	17,955		26,554
Australian Agricultural Company, Ltd. (I)	21,026		24,267
Australian Infrastructure Fund	53,659		88,807
Australian Worldwide Exploration, Ltd. (I)	56,285		126,784
Automotive Holdings Group (L)	22,990		48,971
AVJennings, Ltd. (I)	32,942		13,864
Avoca Resources, Ltd. (I)	27,026		43,242
AWB, Ltd. (I)	96,501		88,075
Beach Energy, Ltd.	158,768		94,418
Becton Property Group (I)	11,935		941
Bendigo Mining, Ltd.	20,172		4,061
Biota Holdings, Ltd. (I)	39,986		76,664
Blackmores, Ltd.	1,580		29,722
Boart Longyear Group	132,040		37,153
Bradken, Ltd.	17,089		99,082
Breville Group, Ltd.	19,121		28,786
Brickworks, Ltd.	375		4,130
Brockman Resources, Ltd. (I)	13,981		38,861
Cabcharge Australia, Ltd. (L)	12,784		63,634
Campbell Brothers, Ltd.	5,059		131,220
Cape Lambert Iron Ore, Ltd.	25,048		9,951
Cardno, Ltd.	9,180		33,455
Carnarvon Petroleum, Ltd. (I)	59,353		27,057


The accompanying notes are an integral part of the financial statements.	116

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Australia (continued)
Cellestis, Ltd.	9,557	$	26,777
Centennial Coal Co., Ltd.	5,396		17,594
Ceramic Fuel Cells, Ltd. (I)	126,217		17,909
Chemgenex Pharmaceuticals, Ltd.	16,902		10,582
Citadel Resource Group, Ltd. (I)	142,315		38,177
Clough, Ltd.	23,830		16,837
Coal of Africa, Ltd. (I)(L)	35,383		75,699
Cockatoo Coal, Ltd. (I)	54,635		18,790
Coffey International, Ltd.	16,362		27,030
Comdek, Ltd. (I)	9,069		3,166
Compass Resources, Ltd. (I)	15,577		2,094
Corporate Express Australia, Ltd.	7,291		27,908
Count Financial, Ltd.	16,149		18,974
Crane Group, Ltd.	7,642		57,618
CuDeco, Ltd. (I)	10,337		35,818
Customers, Ltd. (I)	9,594		24,910
Deep Yellow, Ltd. (I)	56,297		11,828
Dominion Mining, Ltd.	6,473		15,112
Duet Group	10,899		17,701
Eastern Star Gas, Ltd. (I)	47,736		28,384
Elders, Ltd. (I)	40,650		49,188
Emeco Holdings, Ltd.	73,594		45,073
Emitch, Ltd.	32,139		24,305
Energy World Corp., Ltd. (I)	112,377		26,081
Envestra, Ltd.	75,436		35,119
Extract Resources, Ltd. (I)	3,563		23,115
Ferraus, Ltd. (I)	30,170		20,807
FKP Property Group, Ltd.	79,825		51,735
Fleetwood Corp., Ltd.	5,470		38,527
FlexiGroup, Ltd. (L)	67,000		85,706
Flexigroup, Ltd.	3,275		4,197
Flight Centre, Ltd.	6,913		116,666
Forest Enterprises Australia, Ltd. (I)	29,109		1,203
Geodynamics, Ltd. (I)	31,447		20,542
Gindalbie Metals, Ltd. (I)	44,120		39,530
GrainCorp., Ltd.	11,527		63,886
Grange Resources Corp., Ltd. (I)	41,828		13,456
Great Southern Plantations, Ltd. (I)	47,114		5,067
GUD Holdings, Ltd.	7,735		67,298
Gunns, Ltd.	100,882		51,432
GWA International, Ltd.	27,947		77,013
Hastie Group, Ltd.	30,453		47,791
Healthscope, Ltd.	42,717		162,769
Heron Resources, Ltd. (I)	9,000		2,091
Hills Industries, Ltd.	27,614		62,724
Horizon Oil, Ltd. (I)	97,753		27,051
IBA Health, Ltd.	53,725		25,960
iiNET, Ltd.	9,172		17,269
Imdex, Ltd.	25,905		14,548
Independence Group NL	12,761		46,203
Indophil Resources NL (I)(L)	41,044		46,193
Industrea, Ltd.	134,624		46,898
Infigen, Ltd.	70,305		80,477
Infomedia, Ltd.	45,314		10,550
Intrepid Mines, Ltd. (I)	43,561		8,953
Invocare, Ltd.	12,728		68,464
IOOF Holdings, Ltd.	29,308		160,471
Iress Market Technology, Ltd.	9,510		69,151
Ivanhoe Australia, Ltd. (L)	20,107		55,615
Jabiru Metals, Ltd. (I)	30,000		8,960
Kagara Zinc, Ltd. (I)	47,616		35,282
Karoon Gas Australia, Ltd. (I)	18,847		119,423
Kimberley Metals, Ltd.	8,314		1,490
Kingsgate Consolidated, Ltd.	10,864		85,630
Linc Energy, Ltd. (I)	21,505		27,953


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Australia (continued)
Liquefied Natural Gas, Ltd.	19,165	$	11,351
Lynas Corp., Ltd. (I)	160,701		68,139
Macmahon Holdings, Ltd.	85,483		50,786
Mantra Resources, Ltd. (I)	4,408		20,520
Marion Energy, Ltd. (I)	61,857		3,540
McPherson’s, Ltd. (I)	18,009		47,490
Medusa Mining, Ltd.	31,637		104,194
Mermaid Marine Australia, Ltd.	18,412		43,953
Metals X, Ltd. (I)	128,000		13,164
Minara Resources, Ltd. (I)	40,832		25,343
Mincor Resources NL	36,432		48,812
Mineral Deposits, Ltd.	13,316		11,283
Mineral Resources, Ltd.	12,820		77,832
Mirabela Nickel, Ltd. (I)(L)	22,735		41,361
Molopo Australia, Ltd. (I)	22,468		27,110
Monadelphous Group, Ltd.	8,877		112,764
Mortgage Choice, Ltd.	11,340		13,194
Mosaic Oil NL (I)	67,228		5,543
Mount Gibson Iron, Ltd. (I)	151,507		206,120
Murchison Metals, Ltd. (I)	35,041		73,166
Navitas, Ltd.	33,433		144,335
Neptune Marine Services, Ltd.	23,710		8,577
Nexbis, Ltd. (I)	26,746		4,177
Nexus Energy, Ltd. (I)	69,816		14,645
NIB Holdings, Ltd.	27,875		31,197
Oakton, Ltd.	9,591		26,113
Pacific Brands, Ltd. (I)	174,508		177,859
Pan Australian Resources, Ltd. (I)	209,129		108,377
Pan Pacific Petroleum NL (I)	67,247		16,837
PaperlinX, Ltd. (I)	65,071		36,367
Peet & Company, Ltd.	32,089		59,881
Perilya, Ltd. (I)	30,460		14,677
Perpetual Trust of Australia, Ltd.	4,131		133,992
Perseus Mining, Ltd. (I)	31,837		49,738
Pharmaxis, Ltd. (I)	15,951		36,667
Photon Group, Ltd.	23,274		23,410
Platinum Australia, Ltd. (I)	30,671		26,831
PMP, Ltd. (I)	35,022		22,896
Premier Investments, Ltd.	8,449		61,519
Prime Television, Ltd.	15,587		11,041
Programmed Maintenance Services, Ltd.	14,733		43,887
Publishing & Broadcasting, Ltd.	21,290		59,472
RCR Tomlinson, Ltd.	22,598		18,095
Realestate.com.au, Ltd.	7,872		74,712
Reckon, Ltd.	14,138		23,031
Redflex Holdings, Ltd.	5,472		9,203
Resolute Mining, Ltd. (I)	43,345		36,004
Ridley Corp., Ltd.	27,918		27,611
Riversdale Mining, Ltd. (I)	16,160		106,318
Roc Oil Company, Ltd. (I)	81,308		26,515
SAI Global, Ltd.	16,255		54,588
Sally Malay Mining, Ltd.	27,777		46,408
Salmat, Ltd.	11,402		42,536
Sedgman, Ltd.	10,879		14,849
Seek, Ltd.	21,315		135,408
ServCorp, Ltd.	10,693		29,692
Service Stream, Ltd.	8,282		2,035
Seven Network, Ltd.	11,011		72,291
Sigma Pharmaceuticals, Ltd.	111,268		103,717
Silex Systems, Ltd. (I)	10,299		52,430
SMS Management & Technology, Ltd.	12,633		76,197
Southern Cross Media Group	32,974		57,761
SP Telemedia, Ltd. (L)	63,587		88,231
Spark Infrastructure Group	37,465		47,585
Specialty Fashion Group, Ltd. (I)	51,331		59,080


The accompanying notes are an integral part of the financial statements.	117

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Australia (continued)
Sphere Investments Ltd (I)	18,205	$	20,329
Spotless Group, Ltd.	25,238		65,585
St. Barbara, Ltd. (I)	181,117		35,627
Straits Resources, Ltd. (I)	26,787		30,538
STW Communications Group, Ltd.	36,346		26,328
Sundance Resources, Ltd. (I)	155,154		17,940
Super Cheap Auto Group, Ltd. (L)	11,056		49,488
Swick Mining Services, Ltd. (I)	30,800		11,971
Talent2 International, Ltd. (I)	6,000		7,248
Tap Oil, Ltd. (I)	17,366		14,757
Tassal Group, Ltd.	11,269		16,573
Technology One, Ltd.	32,670		21,644
Ten Network Holdings, Ltd.	64,453		100,015
Terramin Australia, Ltd. (I)	16,521		10,930
TFS Corp., Ltd.	21,282		17,150
Thakral Holdings Group, Ltd.	63,390		19,617
The Reject Shop, Ltd.	2,608		35,675
Tower Australia Group, Ltd.	27,017		57,197
Tox Free Solutions, Ltd. (I)	8,234		17,604
Transfield Services, Ltd.	50,941		183,992
Transpacific Industries Group, Ltd. (I)	2,950		3,601
UXC, Ltd.	23,988		11,797
Virgin Blue Holdings, Ltd. (I)	158,003		86,144
Watpac, Ltd.	12,179		14,592
WDS, Ltd.	18,432		10,380
West Australian Newspapers
Holdings, Ltd. (L)	22,369		147,735
Western Areas NL (I)	14,776		57,308
White Energy Company, Ltd. (I)	20,704		41,479
Whitehaven Coal, Ltd.	31,502		130,383
WHK Group, Ltd.	26,888		28,341
Wide Bay Australia, Ltd.	4,003		39,491
Windimurra Vanadium, Ltd. (I)	26,928		0
Wotif.com Holdings, Ltd.	8,779		57,594

			9,565,484
Austria - 0.98%
A-TEC Industries AG (I)	1,566		19,996
Agrana Beteiligungs AG	568		55,339
Andritz AG	3,715		210,922
BWIN Interactive Entertainment AG (I)	3,315		180,540
BWT AG	1,074		27,467
Constantia Packaging AG	755		39,099
Flughafen Wien AG	1,118		51,118
Intercell AG (I)	4,221		122,702
Lenzing AG	163		54,784
Mayr-Melnhof Karton AG	705		65,232
Oesterreichische Post AG	4,024		109,110
Palfinger AG (L)	1,770		39,283
RHI AG (I)	2,919		85,807
Rosenbauer International AG	395		16,339
S&T System Integration & Technology
Distribution AG (I)	487		8,026
Schoeller-Bleckmann Oilfield Equipment AG	1,107		55,618
Uniqa Versicherungen AG	4,818		74,037
Warimpex Finanz- und Beteiligungs AG (I)	3,221		9,214

			1,224,633
Bahamas - 0.03%
Petrominerales, Ltd.	1,425		37,785
Belgium - 1.36%
Ackermans & Van Haaren NV	2,257		151,104
AGFA Gevaert NV (I)	16,167		142,413
Banque Nationale de Belgique	21		96,936
Barco NV (I)	1,197		47,477


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Belgium (continued)
Bekaert SA	1,142	$	184,804
Compagnie d’Entreprises CFE	756		36,491
Compagnie Immobiliere de Belgique SA (I)	440		14,009
Compagnie Maritime Belge SA	1,734		52,106
Duvel Moortgat SA	230		16,241
Econocom Group SA	1,728		22,352
Elia System Operator SA/NV (L)	2,308		87,336
Euronav NV	2,444		49,631
EVS Broadcast Equipment SA	1,071		57,383
Exmar NV	2,007		15,642
Image Recognition Integrated Systems	78		4,413
International Brachytherapy SA (I)	1,904		9,385
Ion Beam Applications SA	2,739		29,655
Kinepolis Group NV	391		19,187
Lotus Bakeries SA	34		15,744
Melexis NV (I)	2,366		24,621
Omega Pharma SA	1,655		81,499
Roularta Media Group NV (I)	668		14,463
SA D’Ieteren Trading NV	498		216,708
Sapec SA	305		24,301
Sipef SA	888		49,583
Telenet Group Holding NV (I)	4,761		141,640
Tessenderlo Chemie NV	2,408		71,636
Van De Velde NV	796		33,580

			1,710,340
Bermuda - 0.38%
Catlin Group, Ltd.	34,545		182,692
COL Capital, Ltd.	28,000		4,403
Hardy Underwriting Bermuda, Ltd.	7,592		31,845
Hiscox PLC	37,963		206,017
Katanga Mining, Ltd.	73,039		52,062

			477,019
Canada - 10.48%
Absolute Software Corp. (I)	3,900		23,388
Aecon Group, Inc.	5,399		71,169
AG Growth International, Inc.	1,300		45,355
AGF Management, Ltd.	8,493		130,761
Alamos Gold, Inc. (I)	13,660		165,784
Alexco Resource Corp.	5,500		17,406
Altius Minerals Corp. (I)	2,400		19,023
Anderson Energy, Ltd. (I)	20,300		25,467
Angiotech Pharmaceuticals, Inc. (I)	20,094		19,479
Astral Media, Inc.	5,081		168,385
Atrium Innovations, Inc. (I)	3,200		51,397
ATS Automation Tooling Systems, Inc. (I)	8,723		56,954
Augusta Resource Corp. (I)	13,400		34,895
Aurizon Mines, Ltd. (I)	17,846		71,744
Axia NetMedia Corp. (I)	9,200		15,214
B2gold Corp.	14,146		18,419
Baffinland Iron Mines Corp. (I)	24,800		12,256
Baja Mining Corp. (I)	16,100		11,629
Ballard Power Systems, Inc. (I)	9,800		21,794
Bankers Petroleum, Ltd. (I)	43,086		237,092
BELLUS Health, Inc. (I)	3,500		665
Bioms Medical Corp. (I)	9,900		3,199
Biovail Corp.	5,900		87,306
Birch Mountain Resources, Ltd. (I)	11,200		25
Birchcliff Energy, Ltd. (I)	10,153		91,668
Blackpearl Resources, Inc.	29,540		68,783
Bmtc Group, Inc., Class A	785		25,008
BNK Petroleum, Inc. (I)	12,925		24,568
Boralex, Inc. (I)	3,000		28,483
Breakwater Resources, Ltd. (I)	63,300		25,869


The accompanying notes are an integral part of the financial statements.	118

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Canada (continued)
CAE, Inc.	7,400	$	62,663
Calfrac Well Services, Ltd.	2,900		65,734
Calian Technologies, Ltd.	500		8,316
Calvalley Petroleums, Inc. (I)	9,777		22,301
Canaccord Capital, Inc.	8,300		66,813
Canada Bread Company, Ltd.	2,740		132,547
Canadian Western Bank	6,077		120,131
Canam Group, Inc.	3,770		26,944
Candente Gold Corp.	1,720		1,242
Candente Resource Corp. (I)	8,600		3,269
Canfor Corp. (I)	11,801		95,220
Cangene Corp. (I)	3,800		18,960
Capstone Mining Corp. (I)	17,200		46,425
Cardero Resource Corp.	7,700		9,806
Cardiome Pharma Corp. (I)	8,400		43,509
Carpathian Gold, Inc. (I)	20,000		6,653
Cascades, Inc.	6,669		51,973
Catalyst Paper Corp. (I)	54,263		11,336
CCL Industries, Inc.	3,327		82,400
CE Franklin, Ltd. (I)	2,786		17,211
Celtic Exploration, Ltd. (I)	3,946		76,617
Centerra Gold, Inc.	8,200		99,831
Chariot Resources, Ltd.	40,500		23,864
Claude Resources, Inc. (I)	21,200		20,350
Cogeco Cable, Inc.	1,788		68,822
COM DEV International, Ltd. (I)	7,500		23,308
Comaplex Minerals Corp.	5,776		43,312
Computer Modelling Group, Ltd.	800		12,735
Connacher Oil and Gas, Ltd. (I)	47,523		58,263
ConnectEast Group	252,137		98,090
Constellation Software, Inc.	1,700		64,627
Corby Distilleries, Ltd.	2,222		31,909
Corridor Resources, Inc. (I)	11,000		41,713
Corus Entertainment, Inc.	8,707		149,199
Cott Corp. (I)	6,083		43,764
Crew Energy, Inc. (I)	8,723		120,955
Crew Gold Corp. (I)	1,862		496
Crystallex International Corp. (I)	43,800		12,904
Dalsa Corp.	2,800		23,418
Daylight Resources Trust	5,815		60,847
Denison Mines Corp. (I)	22,097		29,611
Descartes Systems Group, Inc. (I)	4,700		29,168
Detour Gold Corp. (I)	3,650		59,076
Divestco, Inc. (I)	2,800		1,836
Dorel Industries, Inc., Class B	2,792		80,427
Dundee Precious Metals, Inc. (I)	10,200		31,505
DundeeWealth, Inc.	6,076		79,805
Eastern Platinum, Ltd. (I)	66,523		82,822
Easyhome, Ltd.	700		4,690
Endeavour Silver Corp. (I)	6,200		20,329
Enghouse Systems, Ltd.	1,100		8,468
Ensign Energy Services, Inc.	18,500		264,788
Entree Gold, Inc. (I)	7,500		19,245
Equitable Group, Inc.	1,700		34,721
European Goldfields, Ltd. (I)	15,219		84,180
Evertz Technologies, Ltd.	3,401		47,999
Exfo Electro Optical Engineering, Inc. (I)	912		5,010
Fairborne Energy, Ltd. (I)	8,600		36,453
Far West Mining, Ltd. (I)	4,700		19,163
Flint Energy Services, Ltd. (I)	3,485		39,712
FNX Mining Co., Inc. (I)	9,825		117,373
Formation Metals, Inc.	4,142		6,259
Forsys Metals Corp. (I)	15,300		60,345
Fortune Minerals, Ltd. (I)	3,334		2,503
Forzani Group, Ltd.	3,070		42,073


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Canada (continued)
Fraser Papers, Inc. (I)	4,800	$	0
Fronteer Development Group, Inc. (I)	13,680		60,976
Galleon Energy, Inc. (I)	11,550		74,644
Gammon Gold, Inc.	5,150		50,462
Garda World Security Corp. (I)	7,700		76,766
GBS Gold International, Inc. (I)	30,800		0
Gennum Corp.	4,158		23,750
Glacier Media, Inc. (I)	8,800		16,225
Glentel, Inc.	1,100		16,162
Globestar Mining Corp. (I)	12,700		12,311
Gluskin Sheff & Associates, Inc.	1,700		34,107
GMP Capital, Inc.	1,400		16,752
Grande Cache Coal Corp.	17,700		113,716
Great Canadian Gaming Corp. (I)	8,850		61,400
Greystar Resources, Ltd. (I)	4,600		22,121
Guyana Goldfields, Inc. (I)	7,300		45,235
Hanfeng Evergreen, Inc. (I)	3,700		25,740
Harry Winston Diamond Corp.	6,172		61,884
Hemisphere GPS, Inc. (I)	10,400		8,599
Heroux-Devtek, Inc. (I)	3,900		18,681
Home Capital Group, Inc.	3,115		121,527
HudBay Minerals, Inc. (I)	21,392		270,195
IESI-BFC, Ltd.	7,800		137,289
Imax Corp. (I)	1,500		20,101
Intermap Technologies Corp. (I)	7,800		11,861
International Forest Products, Ltd. (I)	5,150		22,711
Iteration Energy, Ltd. (I)	28,160		44,962
Ivanhoe Energy, Inc. (I)	32,400		101,616
Jinshan Gold Mines, Inc.	34,900		129,358
KAB Distribution, Inc. (I)	18,405		18
Kimber Resources, Inc. (I)	1,750		1,763
Kingsway Financial Services, Inc.	8,700		14,139
Kirkland Lake Gold, Inc. (I)	5,309		35,218
Lake Shore Gold Corp. (I)	13,508		39,412
Laurentian Bank of Canada	2,691		102,172
Le Chateau, Inc.	2,400		28,854
Leon’s Furniture, Ltd.	6,709		78,427
Linamar Corp.	12,009		180,900
Lundin Mining Corp.	22,060		93,297
MacDonald Dettwiler & Associates, Ltd. (I)	4,105		153,752
Major Drilling Group International	2,389		61,417
Manitoba Telecom Services, Inc.	1,600		48,417
Maple Leaf Foods, Inc.	7,694		77,730
Marsulex, Inc.	3,500		39,916
Martinrea International, Inc. (I)	6,018		48,387
Maxim Power Corp. (I)	6,300		20,836
MDS, Inc. (I)	15,568		129,610
Mega Uranium, Ltd. (I)	26,600		15,421
Methanex Corp.	12,702		300,710
Migao Corp.	3,400		23,007
MKS, Inc.	1,550		15,747
Mosaid Technologies, Inc.	1,500		33,188
Mullen Group, Ltd.	3,898		56,940
Neo Material Technologies, Inc. (I)	10,100		42,619
New Gold Incnew Gold Inc	35,348		156,214
Norbord, Inc. (I)	1,390		24,201
North American Palladium, Ltd. (I)	8,050		32,898
Northern Dynasty Minerals, Ltd.	2,760		25,995
Northgate Minerals Corp. (I)	25,007		68,447
NuVista Energy, Ltd. (I)	7,179		94,633
Open Text Corp.	2,330		114,241
OPTI Canada, Inc.	26,100		46,882
Paladin Labs, Inc. (I)	1,400		26,531
Paramount Resources, Ltd. (I)	4,500		76,597
Parkbridge Lifestyles Communities, Inc. (I)	6,530		32,582


The accompanying notes are an integral part of the financial statements.	119

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Canada (continued)
Pason Systems, Inc.	6,895	$	84,533
Pelangio Exploration, Inc. (I)	14,200		3,914
Petrolifera Petroleum, Ltd. (I)	7,550		6,817
Platinum Group Metals, Ltd. (I)	11,200		22,034
Points International, Ltd. (I)	16,500		7,449
Polymet Mining Corp. (I)(L)	13,500		31,691
Progress Energy Resources Corp.	22,257		269,487
QLT, Inc. (I)	8,200		38,498
Quadra Mining, Ltd. (I)	9,677		135,379
Quebecor, Inc.	4,193		119,749
Queenston Mining, Inc. (I)	5,100		25,059
Quest Capital Corp. (I)	18,000		21,042
Questerre Energy Corp. (I)	23,900		106,303
Redcorp Ventures, Ltd. (I)	9,000		0
Reitman’s Canada, Ltd.	5,776		86,733
Resin Systems, Inc. (I)	36,820		12,248
Resverlogix Corp. (I)	5,300		15,917
Richelieu Hardware, Ltd.	2,200		48,048
Rock Energy, Inc. (I)	373		1,418
RONA, Inc. (I)	13,109		197,968
Rubicon Minerals Corp. (I)	21,100		90,841
Russel Metals, Inc.	6,737		121,525
Samuel Manu-Tech, Inc.	3,200		12,591
Sandvine Corp. (I)	12,400		19,091
Savanna Energy Services Corp.	9,568		66,654
SEMAFO, Inc. (I)	31,200		143,220
Shawcor, Ltd., Class A	6,731		182,253
Sherritt International Corp.	23,900		168,767
Shore Gold, Inc. (I)	400		342
Sierra Wireless, Inc. (I)	3,750		30,864
Silver Standard Resources, Inc. (I)	8,391		142,030
Silvercorp Metals, Inc.	15,795		103,128
Softchoice Corp. (I)	2,000		16,537
Sprott Resource Corp.	6,160		24,764
Stantec, Inc. (I)	5,068		130,818
Stella-Jones, Inc.	700		17,922
Storm Exploration, Inc. (I)	3,762		43,083
Tanzanian Royalty Exploration Corp. (I)	10,900		45,477
Taseko Mines, Ltd. (I)	19,800		89,949
Tembec, Inc. (I)	7,330		7,593
The Churchill Corp. (I)	1,700		34,494
Theratechnologies, Inc. (I)	6,398		29,187
Thompson Creek Metals Co., Inc. (I)	16,072		221,024
Toromont Industries, Ltd.	6,593		189,795
Torstar Corp. (L)	7,600		46,227
Transcontinental, Inc.	8,965		104,203
Transglobe Energy Corp. (I)	8,300		32,105
Transition Therapeutics, Inc. (I)	3,200		8,455
Trican Well Service, Ltd.	14,500		187,830
Trinidad Drilling, Ltd.	16,500		112,593
Turnkey E&P, Inc. (I)	1,100		5
Uex Corp. (I)	14,600		14,569
Uni-Select, Inc.	2,200		60,238
Ur-Energy, Inc. (I)	10,200		8,337
Uranium One, Inc. (I)	55,113		160,279
UTS Energy Corp.	25,300		59,150
Vecima Networks, Inc. (I)	2,921		18,877
Vector Aerospace Corp. (I)	2,100		12,653
Vitran Corp., Inc. (I)	300		2,908
Wesdome Gold Mines, Ltd.	11,600		23,703
West Energy, Ltd. (I)	7,625		31,233
West Fraser Timber Company, Ltd.	3,755		130,686
Western Coal Corp.	25,500		90,396
Westport Innovations, Inc. (I)	3,900		54,671
Wi-LAN, Inc.	12,200		33,393


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Canada (continued)
Winpak, Ltd.	6,500	$	52,818
Xceed Mortgage Corp. (I)	1,800		2,908
Xtreme Coil Drilling Corp.	6,548		33,605
Zarlink Semiconductor, Inc. (I)	200		327

			13,137,897
China - 0.21%
AAC Acoustic Technology Holdings, Inc.	80,000		124,748
Delong Holdings, Ltd. (I)	45,500		18,777
Epure International, Ltd.	79,000		45,218
Pacific Textile Holdings, Ltd.	65,000		42,295
Sinotrans Shipping, Ltd.	71,500		34,470

			265,508
Cyprus - 0.07%
ProSafe ASA	15,000		74,571
Prosafe Production Public, Ltd. (I)	8,635		16,809

			91,380
Denmark - 1.14%
ALK-Abello A/S	663		48,952
Alm. Brand Skadesforsikring A/S (I)	1,126		17,100
Ambu A/S	800		18,446
Auriga Industries	2,034		38,529
Bang & Olufsen AS (I)	4,791		53,520
Bavarian Nordic A/S (I)	1,471		45,762
BoConcept Holding A/S (I)	75		2,363
Brodrene Hartmann A/S (I)	800		14,275
Capinordic A/S (I)	9,300		2,636
D.S. Norden A/S	279		11,737
Dalhoff Larsen & Horneman A/S (I)	2,500		8,240
DFDS A/S (I)	319		23,237
DiBa Bank A/S (I)	550		5,632
East Asiatic Co Ltd A/S	1,821		51,991
Fionia Bank A/S (I)	1,250		0
Fluegger A/S	225		15,468
Genmab A/S	3,921		65,867
GN Store Nord A/S (I)	12,589		68,128
Greentech Energy Systems A/S (I)	6,004		19,227
Gronlandsbanken (I)	20		1,493
Harboes Bryggeri A/S	441		9,524
IC Companys A/S (I)	3,227		139,648
Jeudan A/S	352		28,371
Maconomy Corp. (I)	1,500		3,187
NeuroSearch A/S (I)	2,902		97,902
Nordjyske Bank A/S (I)	1,190		25,052
Ostjydsk Bank A/S (I)	160		11,149
Parken Sport & Entertainment A/S (I)	216		11,661
PER Aarsleff A/S	420		36,898
Pharmexa A/S (I)	10,600		1,302
Ringkjoebing Landbobank A/S (I)	485		53,243
Roskilde Bank A/S (I)	495		0
Satair A/S	591		23,363
Schouw & Company A/S	2,506		41,056
SimCorp A/S	500		88,238
Sjaelso Gruppen A/S (I)	2,935		4,780
Solar Holdings A/S	900		53,147
Spar Nord Bank A/S (I)	8,152		88,015
Sparbank Vest A/S (I)	275		5,060
Sydbank AS (I)	4,119		101,490
Thrane & Thrane A/S	800		19,914
TK Development A/S (I)	2,524		12,270
TopoTarget A/S (I)(L)	15,000		13,092
Vestjysk Bank A/S (I)	3,265		53,181

			1,434,146


The accompanying notes are an integral part of the financial statements.	120

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Finland - 2.97%
Ahlstrom Oyj	1,578	$	24,688
Alma Media Oyj	7,542		77,002
Amer Sports Oyj	12,306		135,889
Aspo Oyj	2,534		23,808
Atria PLC	1,229		18,507
BasWare Oyj	299		7,165
Cargotec Corp. Oyj (L)	4,897		131,817
Cramo Oyj	3,712		62,481
Digia PLC	2,622		14,673
Elektrobit Corp. (I)	9,773		13,839
Etteplan Oyj	276		1,034
F-Secure Oyj	10,255		33,240
Finnair Oyj (I)	7,567		40,147
Finnlines Oyj (I)	2,378		23,781
Fiskars Corp.	6,119		101,146
HK Ruokatalo Oyj	5,218		66,860
Huhtamaki Oyj	9,309		101,404
Ilkka-Yhtyma Oyj	1,877		16,280
KCI Konecranes Oyj	6,939		190,740
Kemira Oyj (L)	8,209		137,100
Kesko Oyj	9,515		345,094
Lannen Tehtaat Oyj	930		21,908
Lassila & Tikanoja Oyj	3,716		76,850
Lemminkainen Oyj	775		24,747
M-real Oyj (I)	22,834		53,814
Nokian Renkaat Oyj (L)	8,380		210,281
Olvi Oyj	959		33,286
Oriola-KD Oyj	22,667		166,406
Orion Oyj, Series A	5,119		112,509
Orion Oyj, Series B	7,497		166,312
Outotec Oyj	4,469		129,480
Ponsse Oyj	1,465		14,025
Poyry Oyj	4,503		58,312
Raisio Oyj	15,131		57,675
Ramirent Oyj (I)	8,097		73,643
Rapala VMC Oyj	617		4,402
Ruukki Group Oyj (I)	20,289		56,352
Scanfil Oyj	3,082		12,002
Stockmann Oyj Abp, Series A (L)	1,949		63,685
Stockmann Oyj Abp, Series B	2,883		89,716
Tecnomen Oyj	10,173		12,189
Teleste Oyj	1,377		7,031
TietoEnator Oyj	7,664		172,000
Uponor Oyj	5,843		104,059
Vacon Oyj	1,063		40,383
Vaisala Oyj	1,483		42,667
YIT Oyj	16,640		358,646

			3,729,075
France - 4.33%
Ales Groupe SA	435		6,184
Alten SA (I)	2,039		55,316
Altran Technologies SA (I)(L)	11,249		52,625
April Group SA	1,609		50,827
Arkema	5,678		192,113
Assystem SA (I)	1,674		21,438
Avanquest Software SA (I)	1,218		6,169
Bacou Dalloz SA	519		33,461
Beneteau SA	3,926		64,739
Boiron SA	834		34,302
Bonduelle SCA	372		41,180
Bongrain SA (I)	645		47,382
Bourbon SA	4,224		142,727
Bull SA (I)	11,140		51,117
Canal Plus SA	6,204		49,371


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
France (continued)
Carbone Lorraine SA	1,227	$	39,733
Cegedim SA (I)	484		32,960
Cegid SA	599		16,313
Club Mediterranee SA (I)	2,192		34,350
Compagnie Plastic Omnium SA	1,369		42,318
Delachaux SA	877		46,428
Electricite de Strasbourg SA (I)	142		23,391
Esso SAF	269		33,573
Etablissements Maurel et Prom SA	8,680		128,346
Etam Developpement SA (I)	986		27,520
Euler Hermes SA	532		37,916
Euro Disney SCA (I)	3,416		19,125
Exel Industries SA	185		6,550
Faurecia (I)	2,795		48,651
Financiere Marc de Lacharriere SA	1,072		55,253
Fleury Michon SA	344		16,627
Gaumont SA	489		31,295
GFI Informatique SA	5,737		20,862
GIFI	408		28,779
GL Events SA	910		20,497
Groupe Steria SA (L)	2,691		75,623
Guerbet SA	180		22,158
Guyenne & Gascogne SA	699		60,179
Havas SA	36,780		150,535
Infogrames Entertainment SA (I)	3,415		18,371
Ingenico SA	3,004		71,579
Ipsos SA	2,092		72,637
Kaufman & Broad SA (I)	1,176		25,299
Korian (L)	1,818		46,056
Laurent-Perrier SA	374		28,975
Lisi SA	546		27,137
LVL Medical Groupe SA (I)	1,044		24,444
M6-Metropole Television	4,852		120,034
Maisons France Confort SA	510		19,087
Manitou BF SA (I)	1,754		21,950
Manutan SA	963		51,653
Marseill Tunnel Prado-Carena	219		8,245
Montupet SA (I)	553		2,823
Naturex	382		14,043
Neopost SA	2,583		209,555
Nexans SA	2,634		186,050
Nexity SA	2,770		101,734
Norbert Dentressangle SA	882		52,174
Orpea SA	2,078		86,008
Parrot SA (I)	453		7,098
Penauille Polyservices SA	7,713		30,432
Pierre & Vacances SA	562		38,197
Rallye SA	1,670		53,938
Remy Cointreau SA	2,071		98,724
Rhodia SA (I)	10,589		201,491
Robertet SA	258		27,315
Rubis SA	885		69,946
Saft Groupe SA	2,177		79,636
Samse SA	285		21,615
SEB SA	2,267		145,785
Sechilienne-Sidec SA	1,925		58,731
Societe Industrielle D’Aviations
Latecoere SA (I)	350		1,549
SOITEC (I)	8,025		105,427
Somfy SA	383		74,003
Sopra Group SA	529		37,820
SR Teleperformance SA	5,607		178,720
Stallergenes SA	813		65,197
Stef-TFE Group	993		57,062
Sucriere de Pithiviers-Le-Vieil SA	59		58,642


The accompanying notes are an integral part of the financial statements.	121

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
France (continued)
Synergie SA	1,224	$	30,349
Tessi SA	206		13,491
Theolia SA (I)	2,633		11,260
Toupargel-Agrigel SA	936		20,252
Trigano SA	2,853		59,015
UbiSoft Entertainment SA (I)	7,630		93,250
Union Financiere de France Banque SA	577		21,004
Valeo SA (I)	7,387		225,549
Viel & Compagnie SA	6,221		24,389
Vilmorin & Compagnie SA	383		38,531
Virbac SA	457		45,693
VM Materiaux SA	539		32,289
Vranken-Pommery Monopole Group SA	407		16,722
Wendel	2,640		148,226
Zodiac SA	4,062		185,128

			5,432,263
Germany - 5.15%
Aareal Bank AG (I)	3,814		79,332
Adlink Internet Media AG (I)	2,151		11,030
Agennix AG (I)	1,121		6,868
Amadeus Fire AG	724		16,850
Augusta Technologie AG	1,041		15,887
Baader Wertpapierhandelsbank AG	4,116		18,167
Balda AG (I)(L)	3,189		14,325
Bauer AG	995		44,924
Beate Uhse AG (I)	8,223		7,897
Bechtle AG	1,192		31,644
Bertrandt AG	519		14,865
Biotest AG	323		17,692
Boewe Systec AG (I)	126		960
Carl Zeiss Meditec AG (L)	3,844		61,888
Cenit AG (I)	2,140		14,800
CENTROTEC Sustainable AG (I)	1,362		22,258
Cewe Color Holding AG	730		25,252
Comdirect Bank AG	3,822		37,882
Conergy AG (I)(L)	12,524		12,631
Constantin Medien AG (I)	7,438		18,717
CropEnergies AG (I)	1,162		5,902
CTS Eventim AG	1,453		76,561
Curanum AG	4,385		15,813
D Logistics AG	4,397		6,615
DAB Bank AG	3,886		22,484
Data Modul AG	578		6,887
Demag Cranes AG	2,393		78,851
Deutsche Wohnen AG (I)	8,098		76,086
Deutz AG (I)	7,867		37,376
Douglas Holding AG	3,280		156,238
Drillisch AG (I)	6,749		47,526
Duerr AG	839		18,274
DVB Bank AG	110		3,730
Elexis AG	1,107		13,889
ElringKlinger AG	2,489		57,906
Evotec AG (I)	25,197		66,329
Fielmann AG	1,418		116,901
Freenet AG (I)	6,763		96,729
Fuchs Petrolub AG	538		44,756
Gerresheimer AG	3,315		102,442
Gerry Weber International AG	1,425		46,972
Gesco AG	414		21,813
GFK AG	1,781		63,718
GFT Technologies AG	2,486		10,996
Gildemeister AG	4,158		53,695
Grenkeleasing AG	1,123		44,491
Hamburger Hafen und Logistik AG	1,415		52,672


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Germany (continued)
Hawesko Holding AG	1,116	$	36,471
Heidelberger Druckmaschinen AG (I)(L)	8,334		57,880
Indus Holding AG	1,427		23,700
Interseroh AG	294		19,208
Intershop Communications AG (I)(L)	2,654		6,139
IVG Immobilien AG (I)	9,797		74,006
IWKA AG (I)	2,786		39,442
Jenoptik AG (I)	5,019		31,080
KIZOO AG (I)	1,380		15,938
Kloeckner & Company SE (I)	5,255		122,262
Kontron AG	6,351		66,137
Krones AG (L)	1,517		79,744
KSB AG	73		47,381
KWS Saat AG	290		48,178
Lanxess AG	8,502		312,428
Leoni AG	3,001		56,835
Loewe AG	772		9,680
Manz Automation AG (I)	222		16,967
MasterFlex AG (I)	207		809
Mediclin AG	8,179		33,856
Medigene AG (I)	3,374		16,942
Medion AG	3,090		33,825
MLP AG	4,661		44,917
Mologen AG (I)	1,346		15,868
Morphosys AG (I)	2,360		50,110
MTU Aero Engines Holding AG	3,703		187,740
MVV Energie AG	1,283		54,481
Nemetschek AG (I)	1,050		26,152
Norddeutsche Affinerie AG	3,925		181,385
Nordex AG (I)	3,399		41,413
P&I Personal & Informatik AG	20		502
Pfeiffer Vacuum Technology AG	1,003		78,412
Pfleiderer AG (I)	3,609		27,404
Phoenix Solar Agphoenix Solar AG	220		8,634
Plambeck Neue Energien AG (I)	5,505		15,448
Praktiker Bau- und Heimwerkermaerkte AG	5,569		47,053
Premiere AG (I)	41,539		102,055
PVA TePla AG (I)	1,400		8,401
QSC AG (I)	10,874		23,888
R. Stahl AG	574		12,635
Rational AG	385		64,877
REpower Systems AG (I)	129		21,927
Rheinmetall AG	3,739		234,152
Rhoen-Klinikum AG	8,581		211,945
Roth & Rau AG (I)	692		23,228
Sartorius AG	997		22,383
Schlott Gruppe AG	185		1,031
SGL Carbon AG (I)(L)	4,960		135,831
SHB Stuttgarter Finanz & Beteiligungs AG	951		24,613
Singulus Technologies AG (I)	4,178		23,593
Sixt AG	755		24,264
Software AG	1,731		200,163
Solar Millennium AG (I)(L)	1,423		54,735
Solarworld AG (L)	5,654		78,223
Solon AG Fuer Solartechnik AG (I)	1,340		8,755
Stada Arzneimittel AG	7,066		245,327
Stratec Biomedical Systems AG	807		29,479
Symrise AG	10,225		217,969
Takkt AG	2,729		30,635
Technotrans AG (I)	258		1,776
Tognum AG	10,881		185,881
TUI AG (I)(L)	17,170		169,428
Versatel AG (I)	1,054		11,060
Vossloh AG	996		97,780
Wacker Construction Equipment AG	1,409		16,945


The accompanying notes are an integral part of the financial statements.	122

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Germany (continued)
Washtec AG (I)	1,640	$	17,113
Wincor Nixdorf AG	3,979		269,674
Wire Card AG	8,598		103,417
Wuerttembergische Lebensversicherung AG	1,339		39,578

			6,460,709
Gibraltar - 0.06%
PartyGaming PLC (I)	15,798		73,086
Greece - 1.13%
Agricultural Bank of Greece SA (I)	21,674		48,865
Alapis Holding Industrial & Commercial SA	61,030		36,643
Anek Lines SA (I)	16,819		11,906
Athens Stock Exchange SA	6,411		60,192
Athens Water Supply and Sewage
Company SA	2,918		22,403
Bank of Attica SA (I)	9,882		18,069
Bank of Greece SA	2,122		123,843
Diagnostic & Therapeutic Center of Athens
Hygeia SA	10,955		22,223
Duty Free Shops SA	2,936		23,549
Emporiki Bank SA (I)	8,531		46,270
Euromedica SA (I)	1,362		7,790
Forthnet SA (I)	14,320		18,554
Fourlis SA	4,391		48,498
Frigoglass SA (I)	2,954		31,391
GEK Group of Companies SA	5,882		39,820
Geniki Bank SA (I)	21,225		18,561
Greek Postal Savings Bank SA (I)	7,491		39,087
Halcor SA (I)	12,007		18,001
Hansard Global PLC	11,952		33,990
Hellenic Technodomiki Tev SA	14,867		84,365
Heracles General Cement SA	5,225		35,744
Iaso SA	5,049		21,995
Intracom Holdings SA (I)	28,550		37,810
J&P-Avax SA	7,584		20,588
Lambrakis Press SA (I)	2,615		5,628
Marfin Financial Group SA Holdings (I)	46,194		108,548
Maritime Company of Lesvos SA (I)	26,037		0
Metka SA	2,434		35,277
Michaniki SA	5,586		6,860
Motor Oil Hellas Corinth Refineries SA	5,091		64,452
Mytilineos Holdings SA	8,401		46,840
Piraeus Port Authority SA	881		14,502
Sidenor Steel Products Manufacturing
Company SA (I)	4,142		19,154
Teletypos SA Mega Channel	4,590		22,480
Terna Energy SA	3,843		25,762
Thessaloniki Port Authority SA	488		7,956
Titan Cement Company SA	5,669		139,050
Viohalco SA	8,595		46,133

			1,412,799
Hong Kong - 3.15%
Alco Holdings, Ltd.	54,000		19,275
Allied Group, Ltd.	18,000		46,849
Allied Properties HK, Ltd. (I)	372,000		67,147
Asia Financial Holdings, Ltd.	66,000		25,103
Asia Satellite Telecom
Holdings Company, Ltd.	26,220		36,839
Associated International Hotels, Ltd. (I)	26,000		55,871
Beijing Enterprises Water Group, Ltd.	234,000		79,307
C C Land Holdings, Ltd.	196,000		75,539
C Y Foundation Group, Ltd. (I)	605,000		8,968
Cafe de Coral Holdings, Ltd.	40,000		89,883
Champion Technology Holdings, Ltd.	331,406		11,104


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Hong Kong (continued)
Chen Hsong Holdings, Ltd.	40,000	$	13,363
Chevalier International Holdings, Ltd.	16,000		13,196
China Metal International Holdings, Inc.	58,000		15,560
China Precious Metal Resources
Holdings Company, Ltd.	124,000		41,231
China Public Procurement, Ltd.	312,000		45,465
China Sci-Tech Holdings, Ltd. (I)	263,040		13,744
China Seven Star Shopping, Ltd. (I)	470,000		10,847
China WindPower Group, Ltd.	410,000		44,392
Chong Hing Bank, Ltd.	13,000		23,619
Chow Sang Sang Holdings, Ltd.	30,000		34,271
Chuang’s Consortium International, Ltd.	157,308		16,650
Citic 1616 Holdings, Ltd.	30,000		9,550
City Telecom HK, Ltd.	1,717		21,377
Cnnc International, Ltd.	35,000		35,012
Cross-Harbour Holdings, Ltd.	22,000		19,134
Dah Chong Hong Holdings, Ltd.	67,000		37,265
Dah Sing Banking Group, Ltd. (I)	33,600		44,516
Dah Sing Financial Group (I)	10,800		54,835
Daphne International Holdings, Ltd.	117,317		90,412
Dickson Concepts International, Ltd.	37,000		19,738
EganaGoldpfeil Holdings, Ltd. (I)	131,750		0
eSun Holdings, Ltd. (I)	113,000		15,151
Far East Consortium International, Ltd.	106,925		30,190
First Natural Foods Holdings, Ltd. (I)	375,000		0
First Sign International Holdings, Ltd.	46,000		63,079
Fubon Bank, Ltd.	46,000		19,207
G-resources Group, Ltd.	822,000		51,379
Galaxy Entertainment Group, Ltd.	105,000		40,242
Get Nice Holdings, Ltd.	246,000		16,169
Giordano International, Ltd.	199,708		62,695
Glorious Sun Enterprises, Ltd.	88,000		32,660
Golden Resorts Group, Ltd.	500,000		26,423
Great Eagle Holdings, Ltd.	38,000		107,247
Hang Fung Gold Technology, Ltd. (I)	310,000		0
Harbour Centre Development, Ltd.	37,500		30,418
Heng Tai Consumables Group, Ltd. (I)	110,250		10,381
HKR International, Ltd. (I)	44,000		17,646
Horsford Nominees, Ltd.	36,000		7,421
Hung Hing Printing Group, Ltd.	76,216		24,161
Hutchison Harbour Ring, Ltd.	174,000		24,230
Hutchison Telecommunications
International, Ltd. (I)	10,300		42,436
i-Cable Communications, Ltd. (I)	179,000		30,928
Imagi International Holdings, Ltd. (I)	175,000		2,850
Integrated Distribution Services Group, Ltd.	23,000		35,863
International Luk Fook Holdings, Ltd.	38,000		32,896
Jinhui Holdings, Ltd. (I)	42,000		15,052
Johnson Electric Holdings, Ltd. (I)	148,500		76,205
K Wah International Holdings, Ltd.	61,227		21,228
Keck Seng Investments, Ltd.	1,000		509
Kowloon Development Company, Ltd.	44,000		50,313
Lai Sun Development Company, Ltd. (I)	632,000		10,018
Lee & Man Holding, Ltd.	80,000		44,450
Lippo, Ltd.	31,250		10,592
Lung Kee Holdings, Ltd.	46,000		20,157
Matsunichi Communication Holdings, Ltd. (I)	89,000		40,143
Media Chinese International, Ltd.	30,000		5,218
Melco International Development (I)(L)	83,000		33,488
Midland Holdings, Ltd.	84,000		79,377
Miramar Hotel & Investment Company, Ltd.	8,000		8,348
Neo-neon Holdings Ltdneo-neon Holdings Ltd.	76,500		59,062
Norstar Founders Group, Ltd. (I)	168,000		15,800
Pacific Andes International Holdings, Ltd.	218,000		39,394
Pacific Basin Shipping, Ltd.	216,000		172,375


The accompanying notes are an integral part of the financial statements.	123

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Hong Kong (continued)
Pacific Century Premium
Developments, Ltd. (I)	111,000	$	32,048
Paliburg Holdings, Ltd.	71,380		25,595
PCCW, Ltd.	418,000		115,820
Peace Mark Holdings, Ltd. (I)	180,000		0
Petroasian Energy Holdings, Ltd.	284,000		40,294
Phoenix Satellite Television Holdings, Ltd.	174,000		39,910
Pico Far East Holdings, Ltd.	126,000		23,563
Polytec Asset Holdings, Ltd.	210,000		42,241
Public Financial Holdings, Ltd.	36,000		17,535
PYI Corp., Ltd. (I)	801		37
Regal Hotels International Holdings, Ltd.	83,200		29,908
Rising Development Holdings	104,000		38,326
Road King Infrastructure, Ltd.	24,000		17,637
Sa Sa International Holdings, Ltd.	62,000		42,395
SEA Holdings, Ltd.	52,000		24,476
Shell Electric Manufacturing Company, Ltd.	36,000		23,888
Shui On Construction & Materials, Ltd.	22,000		30,903
Shun Tak Holdings, Ltd.	102,000		54,434
Singamas Container Holdings, Ltd. (I)	180,000		29,006
Sino-tech International Holdings, Ltd.	420,000		37,352
Smartone Telecommunications Holdings, Ltd.	35,500		29,731
Stella International Holdings, Ltd.	26,000		53,598
Sun Hung Kai & Company, Ltd.	55,000		45,034
Superb Summit International Timber
Company, Ltd. (I)	378,000		12,908
Tack Fat Group International, Ltd. (I)	200,000		0
TAI Cheung Holdings, Ltd.	49,000		28,301
TAK Sing Alliance Holdings, Ltd.	94,000		13,690
Tan Chong International, Ltd.	63,000		11,220
TCC International Holdings, Ltd. (I)	53,444		21,283
Techtronic Industries Company, Ltd.	143,500		109,854
Television Broadcasting Company, Ltd.	1,000		4,554
Texwinca Holdings, Ltd.	37,961		34,092
Titan Petrochemicals Group, Ltd. (I)	600,000		22,821
Transport International Holdings, Ltd.	29,200		84,469
USI Holding Corp.	38,000		10,980
Value Partners Group, Ltd.	58,000		41,632
Vitasoy International Holdings, Ltd.	112,000		75,115
Wai Kee Holdings, Ltd. (I)	72,000		15,710
Wheelock Properties, Ltd.	70,000		41,767
Wing On Company International, Ltd.	17,000		22,733
Xinyi Glass Holdings Company, Ltd.	76,000		58,672

			3,948,995
Ireland - 0.89%
AER Lingus Group PLC (I)	25,626		19,719
C&C Group PLC	32,642		120,463
C&C Group PLC - London Exchange	902		3,342
DCC PLC	9,371		245,694
FBD Holdings PLC	4,678		36,508
Fyffes PLC	29,278		17,543
Glanbia PLC (I)	12,263		42,257
Grafton Group PLC (I)	22,961		75,002
IFG Group PLC	19,878		33,833
Independent News & Media PLC	58,384		7,072
Irish Continental Group PLC (I)	2,561		50,744
Irish Life & Permanent Group Holdings PLC	30,577		114,571
Kenmare Resources PLC	114,460		38,808
Kingspan Group PLC (I)	13,554		92,289
McInerney Holdings PLC (I)	20,779		5,093
Paddy Power PLC	4,237		134,134
United Drug PLC	26,909		83,176

			1,120,248


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Italy - 3.15%
Acea SpA	7,361	$	74,812
Acegas-APS SpA	2,167		11,209
Actelios SpA	1,929		9,060
Aedes SpA (I)	6,455		2,064
Amplifon SpA (I)	8,041		40,195
Ansaldo STS SpA	6,306		121,543
Astaldi SpA	5,883		40,130
Autogrill SpA (I)	10,036		124,620
Azimut Holding SpA	14,547		167,653
Banca Finnat Euramerica SpA	10,675		8,192
Banca Generali SpA	10,115		94,630
Banca IFIS SpA	3,252		30,775
Banca Intermobiliare SpA (I)	14,093		75,213
Banca Popolare dell’Etruria e del Lazio SpA	8,572		46,181
Banca Popolare di Milano SpA	37,799		222,967
Banca Profilo SpA (I)	23,984		19,144
Banco di Desio e della Brianza SpA	4,149		22,514
Benetton Group SpA	200		3,140
Benetton Group SpA	6,078		48,246
Brembo SpA	3,286		19,968
Bulgari SpA (L)	15,798		122,220
Caltagirone Editore SpA	5,211		13,182
Caltagirone SpA	3,553		10,571
Cementir SpA	6,234		25,251
CIR-Compagnie Industriali Riunite SpA (I)	40,078		83,650
Credito Artigiano SpA	23,255		57,875
Credito Bergamasco SpA	711		22,458
Credito Emiliano SpA (I)	9,807		64,297
Danieli & C Officine Meccaniche SpA	1,785		40,974
Davide Campari Milano SpA	12,758		131,235
De Longhi SpA	18,320		75,559
DiaSorin SpA	2,212		74,019
Digital Multimedia Technologies SpA (I)	1,056		25,275
EEMS Italia SpA (I)	5,583		8,635
ERG SpA	5,330		67,115
Esprinet SpA	2,846		29,204
Eurotech SpA (I)	3,019		10,129
Fastweb SpA (I)	1,771		32,963
Fiera Milano SpA	2,228		12,577
Gemina SpA (I)	51,524		44,538
Geox SpA	7,878		53,846
Gewiss SpA	8,858		33,057
GreenergyCapital SpA	175		238
Gruppo Beghelli SpA	11,564		10,690
Gruppo Coin SpA (I)	8,302		53,687
Gruppo Editoriale L’Espresso SpA (I)	19,434		56,491
Hera SpA	55,937		126,701
Immsi SpA (I)	20,642		23,562
Impregilo SpA	32,104		95,942
Indesit Co. SpA (I)	4,379		51,486
Industria Macchine Automatiche SpA	1,088		19,540
Interpump SpA (I)	7,154		35,962
Iride SpA	27,130		47,860
Italmobiliare SpA (I)	787		29,060
Juventus Football Club SpA (I)	8,911		10,476
KME Group SpA	26,355		12,900
Maire Tecnimont SpA	17,000		52,814
Marr SpA	3,721		30,515
Milano Assicurazioni SpA	25,516		68,039
Mondadori (Arnoldo) Editore SpA (I)	12,390		46,728
Nice SpA	3,458		11,956
Panariagroup Industrie Ceramiche SpA	3,544		8,975
Piccolo Credito Valtellinese SCRL	22,405		145,610
Pirelli & C Real Estate SpA (I)	5,311		2,797
Premafin Finanziaria SpA (I)	26,879		36,599


The accompanying notes are an integral part of the financial statements.	124

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Italy (continued)
Recordati SpA	9,506	$	71,317
Risanamento SpA (I)	13,318		6,747
Sabaf SpA	962		20,994
Safilo Group SpA (I)(L)	22,079		9,163
Saras SpA	6,296		14,459
Save SpA	3,345		28,921
Seat Pagine Gialle SpA (I)	2,391		515
Snai SpA (I)	8,592		26,158
Societa Iniziative Autostradali e Servizi SpA	6,448		55,293
Societa’ Cattolica di Assicurazioni SCRL (I)	5,185		154,537
Socotherm SpA (I)	2,703		5,245
Sogefi SpA (I)	7,700		21,597
Sol SpA	6,441		35,077
Sorin SpA (I)	67,066		126,102
Stefanel SpA (I)	22,945		9,309
Telecom Italia Media SpA (I)	235,483		25,682
Tod’s SpA	1,162		75,863
Trevi Finanziaria SpA	2,918		45,718
Vianini Lavori SpA	4,074		23,465

			3,955,676
Japan - 22.85%
Accordia Golf Company, Ltd.	49		51,547
Achilles Corp.	20,000		31,337
Adeka Corp.	8,891		82,704
Aderans Company, Ltd.	4,600		54,708
Advanex, Inc. (I)	2,000		1,373
Aeon Delight Company, Ltd.	1,500		20,520
AI Holdings Corp.	4,300		13,595
Aica Kogyo Company, Ltd.	5,400		57,047
Aichi Bank, Ltd.	1,300		95,816
Aichi Machine Industry Company, Ltd.	7,000		26,848
Aichi Steel Corp.	10,000		41,279
Aichi Tokei Denki Company, Ltd.	6,000		17,083
Aida Engineering, Ltd.	7,500		24,889
Aiphone Company, Ltd.	1,900		33,182
Aisan Industry Company, Ltd.	3,200		26,352
Akebono Brake Industry Company, Ltd. (I)	5,100		24,958
Akita Bank, Ltd.	21,000		83,776
Aloka Company, Ltd.	1,800		12,557
Alpen Company, Ltd.	1,700		26,705
Alpha Corp.	1,000		9,093
Alpha Systems, Inc.	600		10,243
Alpine Electronics, Inc. (I)	4,115		49,647
Alps Electric Company, Ltd. (I)	17,000		99,943
Alps Logistics Company, Ltd.	2,000		18,909
Amano Corp.	5,900		51,776
Ando Corp.	10,000		13,051
Anest Iwata Corp.	6,000		20,590
Anritsu Corp. (I)	10,297		38,103
AOC Holdings, Inc.	3,400		18,422
AOKI Holdings, Inc.	3,200		38,169
Aomori Bank, Ltd.	16,000		39,469
Aoyama Trading Company, Ltd.	6,300		102,973
Arakawa Chemical Industries, Ltd.	1,700		19,085
Arcs Company, Ltd.	3,200		43,718
Arealink Company, Ltd. (I)	70		3,488
Ariake Japan Company, Ltd.	2,100		32,468
Arisawa Manufacturing Company, Ltd.	3,200		22,409
Aronkasei Company, Ltd.	4,000		16,756
Art Corp.	1,300		20,096
As One Corp.	1,500		27,627
Asahi Diamond Industrial Company, Ltd.	7,000		52,521
Asahi Holdings, Inc.	2,200		34,136


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Asahi Organic Chemicals
Industry Company, Ltd.	8,000	$	18,626
Asahi Tec Corp. (I)	45,000		10,632
ASATSU-DK, Inc.	4,800		93,054
ASKA Pharmaceutical Company, Ltd.	3,000		21,844
ASKUL Corp.	2,200		40,214
Asunaro Aoki Construction Company, Ltd.	4,000		20,260
Atom Corp. (I)	12,300		31,979
Atsugi Company, Ltd.	22,000		27,719
Autobacs Seven Company, Ltd.	4,500		133,064
Avex Group Holdings, Inc.	5,000		46,226
Awa Bank, Ltd.	24,000		133,399
Azel Corp. (I)	17,000		0
Bando Chemical Industries, Ltd.	9,000		26,892
Bank of Iwate, Ltd.	1,600		90,681
Bank of Nagoya, Ltd.	18,000		68,769
Bank of Okinawa, Ltd.	1,988		77,934
Bank of Saga, Ltd.	17,000		47,456
Bank of the Ryukyus, Ltd.	3,700		41,289
Best Denki Company, Ltd.	6,500		15,503
BIC Camera, Inc.	98		33,581
BML, Inc.	1,500		38,515
Bookoff Corp.	2,100		21,324
Bunka Shutter Company, Ltd.	6,000		17,282
CAC Corp.	2,100		14,412
Calsonic Kansei Corp. (I)	17,000		43,108
Canon Electronics, Inc.	1,800		37,946
Canon Finetech, Inc.	1,800		28,172
Capcom Company, Ltd.	6,700		114,401
Catena Corp.	4,600		10,145
Cawachi, Ltd.	2,200		44,136
Central Glass Company, Ltd.	18,432		84,562
Century Tokyo Leasing Corp.	5,700		79,014
Chiba Kogyo Bank, Ltd. (I)	3,500		26,267
Chiyoda Company, Ltd.	3,000		36,640
Chofu Seisakusho Company, Ltd.	2,300		55,071
Chori Company, Ltd.	23,000		25,930
Chubu Shiryo Company, Ltd.	3,000		27,009
Chudenko Corp.	3,100		39,294
Chuetsu Pulp & Paper Company, Ltd.	10,000		18,223
Chugai Mining Company, Ltd. (I)	34,900		14,529
Chugai Ro Company, Ltd.	8,000		21,863
Chugoku Marine Paints, Ltd.	6,000		38,726
Chukyo Bank, Ltd.	12,000		36,059
Chuo Denki Kogyo Company, Ltd.	2,000		13,273
Chuo Gyorui Company, Ltd.	3,000		6,247
Circle K Sunkus Company, Ltd.	4,400		55,200
CKD Corp.	5,700		43,722
CMK Corp. (I)	4,000		27,700
Coca-Cola Central Japan Company, Ltd.	2,100		25,877
Cocokara fine Holdings, Inc.	1,430		24,301
Colowide Company, Ltd. (L)	4,500		26,789
Columbia Music Entertainment, Inc. (I)(L)	29,000		9,785
Commuture Corp.	2,000		11,431
Computer Engineering & Consulting, Ltd.	1,500		7,729
Corona Corp.	900		11,431
Cosel Company, Ltd.	3,100		42,052
CSK Corp. (I)	9,100		39,292
Cybozu, Inc.	45		17,444
D.G. Roland Corp.	1,400		20,399
Dai Nippon Toryo Company, Ltd. (I)	12,000		12,283
Dai-Dan Company, Ltd.	5,000		25,144
Daidoh, Ltd.	2,500		19,353
Daiei, Inc. (I)(L)	5,900		19,542
Daifuku Company, Ltd.	8,500		62,903


The accompanying notes are an integral part of the financial statements.	125

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Daihen Corp.	10,000	$	43,307
Daiho Corp. (I)	10,000		7,872
Daiichi Chuo Kisen Kaisha, Ltd. (I)(L)	12,000		31,826
Daiichi Jitsugyo Company, Ltd.	6,000		14,919
Daiki Aluminium Industry Company, Ltd. (I)	5,000		10,815
Daiko Clearing Services Corp.	3,000		12,690
Daikoku Denki Company, Ltd.	1,600		28,430
Daikyo, Inc. (I)	19,144		35,379
Daimei Telecom Engineering Corp.	4,000		28,623
Dainichi Company, Ltd.	2,100		14,711
Dainippon Ink & Chemicals, Inc.	62,000		129,013
Dainippon Screen Manufacturing
Company, Ltd. (I)	29,000		132,648
Daio Paper Corp.	8,000		63,994
Daisan Bank, Ltd. (I)	18,000		50,830
Daiseki Company, Ltd.	2,900		56,933
Daiso Company, Ltd.	8,000		20,517
Daisyo Corp.	1,100		14,397
Daiwa Industries, Ltd.	5,000		23,236
Daiwabo Holdings Company, Ltd.	13,000		26,227
DCM Japan Holdings Company, Ltd.	9,520		54,840
Denki Kogyo Company, Ltd.	7,000		35,477
Denyo Company, Ltd.	3,100		23,335
Descente, Ltd.	5,000		27,234
Doshisha Company, Ltd.	1,000		23,962
Doutor Nichires Holdings Company, Ltd.	3,293		42,097
Dr Ci:Labo Company, Ltd.	20		44,556
DTS Corp.	2,700		26,766
Duskin Company, Ltd.	7,700		142,719
Dwango Company, Ltd. (L)	14		24,282
Dydo Drinco, Inc.	1,300		43,668
E-Access, Ltd. (L)	136		109,995
Earth Chemical Company, Ltd.	1,500		44,369
EDION Corp. (L)	8,400		88,679
Ehime Bank, Ltd.	15,253		42,742
Eighteenth Bank, Ltd.	19,000		56,091
Eiken Chemical Company, Ltd.	1,600		14,448
Eizo Nanao Corp.	1,600		39,040
Enplas Corp.	1,800		32,967
Espec Corp.	2,400		16,013
Exedy Corp.	3,100		69,111
F&A Aqua Holdings, Inc.	2,900		29,721
Falco Biosystems, Ltd.	1,500		14,511
Fancl Corp.	2,700		54,705
FCC Company, Ltd.	3,100		61,887
FDK Corp. (I)	21,000		30,463
Foster Electric Company, Ltd. (L)	2,100		52,797
FP Corp.	1,200		56,372
France Bed Holdings Company, Ltd.	14,000		20,333
Fudo Tetra Corp. (I)	13,700		8,473
Fuji Company, Ltd.	1,600		30,774
Fuji Corp., Ltd.	2,600		9,285
Fuji Kosan Company, Ltd. (I)	11,000		8,289
Fuji Kyuko Company, Ltd.	8,000		40,478
Fuji Oil Company, Ltd.	6,000		93,677
Fuji Seal International, Inc.	2,400		49,329
Fuji Software ABC, Inc.	2,200		36,907
Fujibo Holdings, Inc.	9,000		14,576
Fujicco Company, Ltd.	3,000		35,688
Fujikura Kasei Company, Ltd.	3,400		16,292
Fujita Kanko, Inc.	8,000		32,109
Fujitec Company, Ltd.	8,000		42,838
Fujitsu Frontech, Ltd.	2,000		15,522
Fujitsu General, Ltd.	7,000		28,884
Fujiya Company, Ltd. (I)(L)	16,000		37,132


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Fukui Bank, Ltd.	34,188	$	113,157
Fukushima Bank, Ltd. (I)	23,000		12,936
Fumakilla, Ltd.	3,000		15,300
Funai Consulting Company, Ltd.	3,100		17,685
Furukawa Battery Company, Ltd.	1,231		9,967
Furukawa Company, Ltd.	26,000		28,941
Fuso Pharmaceutical Industries, Ltd.	8,000		25,834
Futaba Corp.	3,557		62,123
Futaba Industrial Company, Ltd. (I)	5,600		41,119
Fuyo General Lease Company, Ltd.	1,700		47,319
Gakken Company, Ltd.	6,000		14,716
Gecoss Corp.	4,000		17,553
Geo Corp.	33		34,723
GLOBERIDE, Inc.	10,000		11,700
GMO Internet, Inc.	5,300		19,913
Godo Steel, Ltd.	12,000		26,046
Goldcrest Company, Ltd.	1,810		51,615
Green Hospital Supply, Inc.	21		11,882
GSI Creos Corp. (I)	11,000		12,623
Gulliver International Company, Ltd.	480		20,409
Gun-Ei Chemical Industry Company, Ltd.	6,000		13,571
Gunze, Ltd.	17,000		60,992
H20 Retailing Corp.	14,000		92,730
Hakuto Company, Ltd.	1,500		14,429
Hakuyosha Company, Ltd.	5,000		14,245
Hanwa Company, Ltd.	20,000		79,404
Harashin Narus Holdings Company, Ltd.	2,000		23,410
Haruyama Trading Company, Ltd.	2,700		11,768
Hayashikane Sangyo Company, Ltd. (I)	4,000		5,174
Hazama Corp.	10,600		9,421
Heiwa Corp.	3,500		36,777
Heiwa Real Estate Company, Ltd.	14,500		45,326
Heiwado Company, Ltd.	3,200		40,901
Hibiya Engineering, Ltd.	3,500		30,528
Higashi-Nippon Bank, Ltd.	17,000		33,084
Hikari Tsushin, Inc.	2,900		50,699
HIS Company, Ltd.	2,100		37,821
Hitachi Cable, Ltd.	17,000		43,580
Hitachi Koki Company, Ltd.	4,800		50,039
Hitachi Kokusai Electric, Inc.	5,000		46,317
Hitachi Medical Corp.	2,000		16,212
Hitachi Tool Engineering, Ltd.	2,500		24,163
Hitachi Zosen Corp. (I)	76,500		107,529
Hogy Medical Company, Ltd.	1,200		61,206
Hokkan Holdings, Ltd.	7,000		18,841
Hokuetsu Bank, Ltd.	22,000		36,386
Hokuetsu Paper Mills, Ltd.	12,000		58,586
Hokuriku Electric Industry Company, Ltd.	7,000		12,439
Hokuto Corp.	1,900		40,113
Horiba, Ltd.	3,192		85,999
Hosiden Corp.	5,700		68,568
Howa Machinery, Ltd. (I)	20,000		10,572
I Metal Technology Company, Ltd. (I)	4,000		4,928
IBJ Leasing Company, Ltd.	1,600		28,922
Ichikoh Industries, Ltd. (I)	6,000		9,381
Ichiyoshi Securities Company, Ltd.	4,500		29,814
ICOM, Inc.	1,000		26,261
IDEC Corp.	2,900		23,913
Iida Home Maxiida Home Max	2,800		45,952
Iino Kaiun Kaisha, Ltd.	8,100		44,553
Imperial Hotel, Ltd.	2,200		40,357
Inaba Denki Sangyo Company, Ltd.	1,500		34,750
Inaba Seisakusho Company, Ltd.	1,900		18,424
Inageya Company, Ltd.	5,000		53,515
Ines Corp.	3,700		26,097


The accompanying notes are an integral part of the financial statements.	126

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Inui Steamship Company, Ltd.	2,300	$	17,769
Invoice, Inc. (I)	1,133		17,372
Ise Chemical Corp.	3,000		16,298
Iseki & Company, Ltd. (I)(L)	17,000		49,492
Ishihara Sangyo Kaisha, Ltd. (I)	34,000		27,100
Ishii Hyoki Company, Ltd.	1,000		12,592
Itochu Enex Company, Ltd.	6,800		33,196
Itochu-Shokuhin Company, Ltd.	600		20,027
Itoham Foods, Inc.	14,000		52,515
Iwasaki Electric Company, Ltd. (I)	6,000		8,907
Iwatani International Corp.	17,000		48,594
Izumiya Company, Ltd.	7,773		35,365
J-Oil Mills, Inc.	8,000		25,117
Jalux, Inc.	1,500		12,557
Jamco Corp.	3,000		15,196
Japan Airport Terminal Company, Ltd.	3,000		45,282
Japan Aviation Electronics Industry, Ltd.	6,000		42,257
Japan Cash Machine Company, Ltd.	1,800		15,608
Japan Digital Laboratory Company, Ltd.	2,400		25,754
Japan Pulp & Paper Company, Ltd.	10,000		35,334
Japan Radio Company, Ltd.	13,000		24,702
Japan Transcity Corp., Ltd.	8,000		23,131
Japan Vilene Company, Ltd.	3,000		13,806
Japan Wool Textile Company, Ltd.	6,000		39,492
Jastec Company, Ltd.	2,100		11,837
Jeol, Ltd.	8,000		28,697
JFE Shoji Holdings, Inc.	12,000		41,424
JK Holdings Company, Ltd.	3,600		13,364
Joban Kosan Company, Ltd.	8,000		12,244
Joshin Denki Company, Ltd.	5,000		44,674
Juki Corp. (I)	19,000		25,922
Juroku Bank, Ltd.	34,000		135,395
JVC KENWOOD Holdings, Ltd. (I)	64,281		28,288
kabu.com Securities Company, Ltd.	41		41,170
Kabuki-Za Co., Ltd.	1,000		40,070
Kadokawa Holdings, Inc.	1,800		42,753
Kaga Electronics Company, Ltd.	2,700		27,372
Kagawa Bank, Ltd.	7,000		23,427
Kakaku.com, Inc.	18		70,462
Kaken Pharmaceutical Company, Ltd.	7,000		62,112
Kameda Seika Company, Ltd.	1,900		35,704
Kamei Corp.	3,000		14,260
Kanaden Corp.	4,000		19,224
Kanagawa Chuo Kotsu Company, Ltd.	6,000		34,174
Kanamoto Company, Ltd.	3,000		13,402
Kandenko Company, Ltd.	1,000		6,309
Kanematsu Corp. (I)	37,000		28,710
Kanematsu Electronics, Ltd.	2,300		20,781
Kanto Auto Works, Ltd.	3,400		24,617
Kanto Denka Kogyo Company, Ltd.	5,000		35,470
Kanto Natural Gas Development, Ltd.	4,000		20,746
Kanto Tsukuba Bank, Ltd. (I)	5,800		17,811
Kasumi Company, Ltd.	5,100		26,109
Katakura Industries Company, Ltd.	3,100		28,585
Kato Sangyo Company, Ltd.	1,800		29,575
Kato Works Company, Ltd.	5,000		8,490
Kawai Musical Instruments
Manufacturing Company, Ltd.	11,000		17,609
Kawasumi Laboratories, Inc.	2,000		12,950
Kayaba Industry Company, Ltd. (I)	16,000		52,684
Keihin Company, Ltd. (I)	10,000		11,027
Keihin Corp.	4,100		71,603
Keiyo Company, Ltd. (L)	4,600		22,898
Kenedix, Inc. (I)	99		28,591
Kentucky Fried Chicken Japan, Ltd.	1,000		18,877


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
KEY Coffee, Inc.	2,000	$	35,336
Kimura Chemical Plants Company, Ltd.	1,900		17,902
Kinki Nippon Tourist Company, Ltd. (I)	12,000		9,464
Kinki Sharyo Company, Ltd. (L)	3,000		20,411
Kintetsu World Express, Inc.	2,000		51,757
Kisoji Company, Ltd.	1,800		38,601
Kissei Pharmaceutical Company, Ltd.	3,000		63,054
Kita-Nippon Bank, Ltd.	900		24,688
Kitagawa Iron Works Company, Ltd.	12,000		13,093
Kitano Construction Corp.	8,000		18,561
Kitz Corp.	9,000		46,672
Kiyo Holdings, Inc.	71,395		92,380
Koa Corp.	4,200		40,018
Koatsu Gas Kogyo Company, Ltd.	3,000		17,316
Kohnan Shoji Company, Ltd.	3,300		37,420
Koike Sanso Kogyo Company, Ltd.	5,000		13,234
Kokuyo Company, Ltd.	8,973		68,043
Komatsu Wall Industry Company, Ltd.	1,200		13,126
Komori Corp.	6,224		69,595
Konaka Company, Ltd.	4,600		16,735
Kondotec, Inc.	1,600		10,342
Konishi Company, Ltd.	2,600		27,855
Kosaido Company, Ltd. (I)	2,300		4,616
Kosei Securities Company, Ltd.	10,000		10,679
Kumagai Gumi Company, Ltd. (I)	18,000		11,334
Kumiai Chemical Industry Company, Ltd.	4,000		12,101
Kura Corp.	10		31,140
Kurabo Industries, Ltd.	18,000		32,191
Kureha Corp.	13,000		60,975
Kuroda Electric Company, Ltd.	3,600		50,125
Kyoden Company, Ltd.	7,000		9,152
Kyodo Printing Company, Ltd.	9,000		25,309
Kyoei Steel, Ltd.	1,700		31,265
Kyoei Tanker Company, Ltd.	5,000		11,553
Kyokuto Kaihatsu Kogyo Company, Ltd.	3,400		11,436
Kyokuyo Company, Ltd.	11,000		24,137
Kyorin Company, Ltd.	5,000		75,031
Kyoritsu Maintenance Company, Ltd.	1,500		21,842
Kyoto Kimono Yuzen Company, Ltd.	1,500		14,410
Kyowa Exeo Corp.	8,000		67,957
Kyowa Leather Cloth Company, Ltd.	200		696
Kyudenko Corp.	5,000		29,430
Life Corp.	4,600		78,597
Livedoor Auto Company, Ltd. (I)	29,500		9,625
Macnica, Inc.	1,200		20,101
Maeda Corp.	13,000		40,649
Maeda Road Construction Company, Ltd.	7,000		59,321
Maezawa Kasei Industries Company, Ltd.	2,000		18,003
Maezawa Kyuso Industries Company, Ltd.	1,600		23,145
Makino Milling Machine Company, Ltd. (I)	11,575		59,455
Mandom Corp.	1,670		46,787
Mars Engineering Corp.	1,500		29,176
Marubun Corp.	2,200		12,516
Marudai Food Company, Ltd.	13,000		38,903
Maruei Department Store Company, Ltd.	7,000		8,980
Maruetsu, Inc.	7,000		29,428
Maruha Group, Inc.	39,815		56,442
Marusan Securities Company, Ltd.	6,861		39,587
Maruwa Company, Ltd.	800		18,592
Maruyama Manufacturing Company, Inc. (I)	7,000		11,963
Maruzen Showa Unyu Company, Ltd.	7,000		22,842
Maspro Denkoh Corp.	1,900		17,143
Matsuda Sangyo Company, Ltd.	2,020		34,797
Matsuya Company, Ltd. (I)(L)	3,300		28,322
Max Company, Ltd.	5,000		52,262


The accompanying notes are an integral part of the financial statements.	127

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Maxvalu Tokai Company, Ltd.	2,000	$	23,160
MEC Company, Ltd.	2,400		14,493
Megachips Corp.	1,900		25,128
Megmilk Snow Brand Company, Ltd. (I)	3,900		61,318
Meidensha Corp. (L)	17,086		75,492
Meiji Shipping Company, Ltd.	3,900		18,377
Meitec Corp.	2,700		49,391
Meito Sangyo Company, Ltd.	900		12,700
Meiwa Estate Company, Ltd. (I)	3,300		15,514
Michinoku Bank, Ltd.	16,000		32,088
Mikuni Coca-Cola Bottling Company, Ltd.	4,000		31,601
Mikuni Corp.	1,000		1,260
Milbon Company, Ltd.	1,000		23,038
Mimasu Semiconductor
Industry Company, Ltd.	2,100		25,410
Minato Bank, Ltd. (I)	24,000		31,632
Ministop Company, Ltd.	1,900		21,979
Mitani Corp.	2,500		14,237
Mito Securities Company, Ltd. (I)	6,000		14,123
Mitsubishi Kakoki Kaisha, Ltd.	7,000		18,107
Mitsubishi Paper Mills, Ltd.	29,387		34,050
Mitsubishi Pencil Company, Ltd.	2,300		31,859
Mitsubishi Steel Manufacturing
Company, Ltd. (I)	20,000		34,272
Mitsuboshi Belting Company, Ltd.	9,000		39,587
Mitsui High-Tec, Inc. (I)	3,200		25,484
Mitsui Knowledge Industry Company, Ltd.	104		17,650
Mitsui Mining Company, Ltd.	27,500		35,261
Mitsui Sugar Company, Ltd.	10,000		37,484
Mitsui-Soko Company, Ltd.	11,000		41,158
Mitsumura Printing Company, Ltd.	4,000		13,604
Mitsuuroko Company, Ltd.	4,000		28,848
Miura Company, Ltd.	2,900		76,307
Miyazaki Bank, Ltd.	21,000		65,589
Miyoshi Oil & Fat Company, Ltd.	7,000		11,108
Mizuho Investors Securities Company, Ltd. (I)	47,000		48,616
Mizuno Corp.	10,000		45,847
Mochida Pharmaceutical Company, Ltd.	7,000		68,368
Modec, Inc.	1,500		26,714
Monex Group, Inc.	113		54,160
Mori Seiki Company, Ltd.	7,900		83,336
Morinaga & Company, Ltd. (L)	25,000		57,949
Morinaga Milk Industry Company, Ltd.	18,000		74,931
Morita Corp.	3,000		13,080
MOS Food Services, Inc.	2,500		42,577
Moshi Moshi Hotline, Inc.	2,150		42,963
Mr. Max Corp.	3,200		14,295
Musashi Seimitsu Industry Company, Ltd.	700		13,307
Musashino Bank, Ltd.	4,900		138,380
Mutoh Holdings Company, Ltd. (I)	8,000		12,709
Nachi-Fujikoshi Corp. (I)	21,000		59,271
Nagano Bank, Ltd.	2,000		4,049
Nagatanien Company, Ltd.	2,000		19,495
Nakamuraya Company, Ltd.	6,000		30,860
Nakayama Steel Works, Ltd.	11,000		15,868
NEC Electronics Corp. (I)	4,400		42,935
NEC Fielding, Ltd.	1,900		25,631
NEC Leasing, Ltd.	2,000		27,565
NEC Mobiling, Ltd.	1,200		30,416
NEC Networks & System Integration Corp.	1,800		21,324
Net One Systems Company, Ltd.	50		52,404
Netmarks, Inc. (I)	29		4,962
Neturen Company, Ltd.	4,500		26,830
New Tachikawa Aircraft Company, Ltd.	700		40,563
Nice Corp. (I)	4,000		8,369


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Nichia Steel Works, Ltd.	4,000	$	9,327
Nichias Corp. (I)	12,000		51,949
Nichicon Corp.	6,273		69,219
Nichiha Corp. (I)	3,100		22,734
Nichii Gakkan Company, Ltd.	4,700		43,933
NICHIREI Corp.	27,000		103,986
Nichireki Company, Ltd.	1,000		4,098
Nidec Copal Corp.	1,800		24,372
Nidec Servo Corp.	4,000		20,820
Nidec Tosok Corp.	1,500		23,396
Nifco, Inc.	4,404		99,247
Nihon Chouzai Company, Ltd.	540		14,849
Nihon Dempa Kogyo Company, Ltd.	2,000		42,017
Nihon Eslead Corp.	2,000		16,168
Nihon Kohden Corp.	3,500		60,619
Nihon Nohyaku Company, Ltd.	3,000		16,439
Nihon Parkerizing Company, Ltd.	5,000		63,798
Nihon Unisys, Ltd.	5,900		35,303
Nihon Yamamura Glass Company, Ltd.	13,000		43,137
Nikkiso Company, Ltd.	5,000		31,218
Nikko Company, Ltd.	5,000		12,164
Nippo Corp.	6,000		47,250
Nippon Beet Sugar
Manufacturing Company, Ltd.	15,000		40,338
Nippon Carbon Company, Ltd.	13,000		39,752
Nippon Ceramic Company, Ltd.	2,500		30,758
Nippon Chemi-Con Corp. (I)	12,271		40,980
Nippon Chemical Industrial Company, Ltd. (L)	8,000		17,808
Nippon Chemiphar Company, Ltd.	5,000		14,584
Nippon Denko Company, Ltd.	8,000		49,199
Nippon Densetsu Kogyo Company, Ltd.	5,000		40,232
Nippon Denwa Shisetsu Company, Ltd.	6,000		19,579
Nippon Felt Company, Ltd.	2,700		12,032
Nippon Filcon Company, Ltd.	3,100		14,649
Nippon Flour Mills Company, Ltd.	14,000		72,140
Nippon Gas Company, Ltd.	4,800		64,000
Nippon Kanzai Company, Ltd.	800		13,837
Nippon Kasei Chemical Company, Ltd. (L)	9,000		17,143
Nippon Koei Company, Ltd.	9,000		26,431
Nippon Konpo Unyu Soko Company, Ltd.	7,000		78,853
Nippon Light Metal Company, Ltd. (I)	48,000		55,161
Nippon Metal Industry Company, Ltd.	16,000		23,738
Nippon Parking Development Company, Ltd.	293		12,888
Nippon Piston Ring Company, Ltd. (I)	13,000		13,015
Nippon Road Company, Ltd.	8,000		18,359
Nippon Seiki Company, Ltd.	4,000		43,342
Nippon Sharyo, Ltd.	11,000		67,797
Nippon Shinyaku Company, Ltd.	5,000		56,273
Nippon Signal Company, Ltd.	4,600		40,672
Nippon Soda Company, Ltd.	15,000		57,695
Nippon Suisan Kaisha, Ltd.	25,265		74,314
Nippon Synthetic Chemical
Industry Company, Ltd.	4,000		25,814
Nippon System Development Company, Ltd.	4,115		46,389
Nippon Thompson Company, Ltd.	7,000		44,882
Nippon Valqua Industries, Ltd.	11,000		21,525
Nippon Yakin Kogyo Company, Ltd.	9,500		28,182
Nippon Yusoki Company, Ltd.	5,000		9,844
Nipro Corp. (L)	5,000		98,426
Nishimatsu Construction Company, Ltd.	30,000		36,430
Nishimatsuya Chain Company, Ltd.	5,400		50,778
Nissan Shatai Company, Ltd.	7,277		56,239
Nissei Corp.	3,000		20,832
Nissen Holdings Company, Ltd.	4,600		18,791
Nisshin Fudosan Company, Ltd.	3,000		13,596


The accompanying notes are an integral part of the financial statements.	128

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Nisshin Oillio Group, Ltd.	11,000	$	55,258
Nissin Corp.	11,000		22,428
Nissin Electric Company, Ltd.	4,000		19,033
Nissin Kogyo Company, Ltd.	3,500		52,549
Nissui Pharmaceutical Company, Ltd.	2,600		20,084
Nitta Corp.	3,100		45,652
Nittan Valve Company, Ltd.	4,000		10,536
Nittetsu Mining Company, Ltd.	7,000		30,302
Nitto Boseki Company, Ltd.	25,229		49,088
Nitto Kogyo Corp.	3,600		33,980
Nitto Kohki Company, Ltd.	1,700		37,377
Nitto Seiko Company, Ltd.	4,000		11,387
NOF Corp.	16,000		62,607
Nohmi Bosai, Ltd.	2,000		12,422
Noritake Company, Ltd.	10,000		27,564
Noritsu Koki Company, Ltd.	2,000		12,452
Noritz Corp.	2,100		29,949
NS Solutions Corp.	1,900		29,967
OBIC Business Consultants, Ltd.	650		28,532
Ogaki Kyoritsu Bank, Ltd.	26,000		90,971
Oiles Corp.	2,727		42,774
Oita Bank, Ltd.	12,000		43,457
Okabe Company, Ltd.	4,800		16,690
Okamoto Industries, Inc.	7,000		28,434
Okamura Corp.	6,000		31,860
Okasan Holdings, Inc.	19,000		84,986
Oki Electric Industry Company, Ltd. (I)	74,000		56,581
Okinawa Electric Power Company, Inc.	2,300		127,118
OKK Corp. (I)	10,000		8,207
Okuma Holdings, Inc.	15,382		91,305
Okumura Corp.	25,000		90,208
Okura Industrial Company, Ltd. (I)	8,000		23,487
Okuwa Company, Ltd.	3,000		28,918
OMC Card, Inc. (I)(L)	14,955		26,957
ONO Sokki Company, Ltd.	4,000		13,598
Onoken Co., Ltd.	1,400		9,308
Onward Kashiyama Company, Ltd.	14,000		95,309
Organo Corp.	3,000		18,520
Oriental Yeast Company, Ltd.	4,000		20,215
Osaka Steel Company, Ltd.	1,900		28,971
Osaki Electric Company, Ltd.	3,000		25,679
OSG Corp. (L)	7,700		77,246
Oyo Corp.	2,400		19,757
Pacific Golf Group International Holdings KK	68		49,954
PanaHome Corp.	8,000		54,998
Paramount Bed Company, Ltd.	1,600		32,444
Parco Company, Ltd.	7,200		56,536
Paris Miki, Inc.	2,800		23,850
Pasona Group, Inc.	31		21,907
Penta-Ocean Construction Company, Ltd. (I)	23,000		27,746
PIA Corp. (I)	1,300		17,994
Pigeon Corp.	1,631		63,576
Pilot Corp.	22		27,111
Pioneer Corp. (I)(L)	19,200		67,789
Plenus Company, Ltd.	2,800		39,480
Prima Meat Packers, Ltd.	14,000		15,119
Pronexus, Inc.	3,500		21,569
PS Mitsubishi Construction Company, Ltd. (I)	4,200		14,903
Raito Kogyo Company, Ltd.	7,600		18,891
Rasa Industries, Ltd. (I)	10,000		10,123
Resorttrust, Inc.	2,700		37,633
Rhythm Watch Company, Ltd. (I)	14,000		22,561
Ricoh Leasing Company, Ltd.	2,000		45,833
Right On Company, Ltd.	1,800		13,530
Riken Corp.	11,000		37,942


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Riken Keiki Company, Ltd.	2,500	$	15,920
Riken Technos Corp.	8,000		22,504
Riken Vitamin Company, Ltd.	2,000		57,391
Ringer Hut Company, Ltd.	1,700		23,778
Risa Partners, Inc. (L)	34		19,595
Rock Field Company, Ltd.	1,000		13,799
Roland Corp.	2,500		24,825
Round One Corp.	4,500		28,953
Royal Holdings Company, Ltd.	3,300		33,198
Ryobi, Ltd. (I)	13,000		40,905
Ryoden Trading Company, Ltd.	4,000		19,263
Ryohin Keikaku Company, Ltd.	2,900		121,392
Ryosan Company, Ltd.	3,329		78,978
Ryoshoku, Ltd.	1,000		24,811
Ryoyo Electro Corp.	3,200		29,634
Sagami Chain Company, Ltd. (I)	2,000		11,098
Saibu Gas Company, Ltd.	27,000		75,662
Saizeriya Company, Ltd.	2,800		51,322
Sakai Chemical Industry Company, Ltd.	9,000		39,299
Sakata Seed Corp.	3,000		40,446
Sala Corp.	4,500		27,399
San-A Company, Ltd.	1,100		40,355
San-Ai Oil Company, Ltd.	6,000		22,906
Sanden Corp. (I)	11,000		33,763
Sankei Building Company, Ltd.	3,300		21,380
Sanken Electric Company, Ltd.	11,437		39,975
Sanki Engineering Company, Ltd.	5,000		34,829
Sankyo Seiko Company, Ltd.	7,700		24,336
Sankyo-Tateyama Holdings, Inc. (I)	32,000		40,669
Sanoh Industrial Company, Ltd.	4,600		29,843
Sanrio Company, Ltd.	3,600		30,499
Sanshin Electronics Company, Ltd.	3,600		27,959
Sanwa Shutter Corp.	22,124		65,053
Sanyo Chemical Industries, Ltd.	6,000		37,196
Sanyo Shokai, Ltd.	10,000		37,422
Sanyo Special Steel Company, Ltd.	11,648		46,506
Sasebo Heavy Industries Company, Ltd.	13,000		28,215
Sato Corp.	3,000		37,049
Satori Electric Company, Ltd.	2,400		12,796
Sawai Pharmaceutical Company, Ltd.	1,300		89,386
Seibu Electric Industry Company, Ltd.	3,000		11,684
Seikagaku Corp.	2,600		27,971
Seiko Corp.	8,000		15,926
Seiren Company, Ltd.	7,000		44,112
Sekisui Jushi Corp.	4,000		34,421
Sekisui Plastics Company, Ltd.	5,000		24,158
Senko Company, Ltd.	9,000		31,193
Senshu Electric Company, Ltd.	1,500		14,026
Senshukai Company, Ltd.	4,500		25,935
Shibaura Mechatronics Corp. (I)	5,000		16,300
Shibusawa Warehouse Company, Ltd.	6,000		19,460
Shibuya Kogyo Company, Ltd.	3,300		28,225
Shikibo, Ltd.	11,000		15,753
Shikoku Bank, Ltd.	29,000		93,309
Shikoku Chemicals Corp.	5,000		26,608
Shima Seiki Manufacturing, Ltd.	2,900		56,231
Shimachu Company, Ltd.	5,100		107,850
Shimizu Bank, Ltd.	1,100		43,943
Shin Nippon Air Technologies Company, Ltd.	3,100		19,916
Shin-Etsu Polymer Company, Ltd.	5,300		36,786
Shin-Keisei Electric Railway Company, Ltd.	4,000		16,337
Shin-Kobe Electric Machinery Company, Ltd.	2,000		18,731
Shindengen Electric Manufacturing
Company, Ltd. (I)	7,000		22,036
Shinkawa, Ltd.	1,700		23,789


The accompanying notes are an integral part of the financial statements.	129

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Shinko Electric Company, Ltd.	14,000	$	31,961
Shinko Plantech Company, Ltd.	4,800		47,395
Shinko Shoji Company, Ltd.	2,700		24,658
Shinmaywa Industries, Ltd.	9,000		29,865
Shinnihon Corp.	8,000		13,613
Shinsho Corp.	7,000		12,439
Shinwa Kaiun Kaisha, Ltd. (I)	11,000		34,472
Shizuki Electric Company, Inc.	3,000		11,509
Shizuoka Gas Company, Ltd.	6,000		36,735
SHO-BOND Holdings Company, Ltd.	1,700		32,813
Shobunsha Publications, Inc.	2,400		16,029
Shochiku Company, Ltd.	8,000		70,939
Shoko Company, Ltd.	11,000		13,507
Showa Aircraft Industry Company, Ltd.	3,000		19,389
Showa Corp.	4,900		29,590
Showa Sangyo Company, Ltd.	11,000		35,290
Sinanen Company, Ltd.	5,000		21,266
Sintokogio, Ltd.	4,400		31,678
SMK Corp. (L)	6,000		28,460
So-net M3, Inc.	12		44,486
Sogo Medical Company, Ltd.	900		20,278
Sohgo Security Services Company, Ltd.	5,500		62,632
Space Company, Ltd.	2,700		17,097
SSP Company, Ltd.	5,000		39,603
ST Chemical Company, Ltd.	1,100		12,414
St. Marc Holdings Company, Ltd.	1,100		36,830
Star Micronics Company, Ltd.	3,700		36,535
Starzen Company, Ltd.	9,000		25,015
Stella Chemifa Corp.	900		36,994
Sugi Pharmacy Company, Ltd.	3,200		77,507
Sumida Corp.	2,600		24,505
Sumiseki Holdings, Inc. (I)	9,800		9,459
Sumisho Computer Systems Corp.	2,100		28,415
Sumitomo Bakelite Company, Ltd.	19,000		100,021
Sumitomo Densetsu Company, Ltd.	4,300		21,142
Sumitomo Light Metal Industries, Ltd. (I)	35,000		31,123
Sumitomo Mitsui Company, Ltd. (I)	31,300		26,109
Sumitomo Osaka Cement Company, Ltd.	44,000		74,724
Sumitomo Pipe & Tube Company, Ltd.	4,100		22,173
Sumitomo Precision Products Company, Ltd.	4,000		11,338
Sumitomo Real Estate Sales Company, Ltd.	890		38,653
Sumitomo Seika Chemicals Company, Ltd.	4,000		15,660
Sumitomo Titanium Corp.	2,000		63,804
Sumitomo Warehouse Company, Ltd.	14,952		65,942
SWCC Showa Holdings Company, Ltd. (I)	34,000		30,962
SXL Corp. (I)	10,000		5,062
SystemPro Company, Ltd.	27		12,600
T. Hasegawa Company, Ltd.	1,900		28,943
Tachi-S Company, Ltd.	3,100		31,036
Tachibana Eletech Company, Ltd.	1,700		12,318
Tadano, Ltd.	11,000		51,959
Taihei Dengyo Kaisha, Ltd.	4,000		36,414
Taiho Kogyo Company, Ltd.	2,900		19,511
Taikisha, Ltd.	3,900		65,730
Taiyo Ink Manufacturing Company, Ltd.	1,300		34,252
Takamatsu Corp.	1,900		24,796
Takano Company, Ltd.	2,000		10,543
Takaoka Electric
Manufacturing Company, Ltd.	8,000		24,625
Takara Standard Company, Ltd.	11,000		64,234
Takasago International Corp.	8,000		41,234
Takasago Thermal Engineering Company, Ltd.	7,000		53,172
Takiron Company, Ltd.	7,000		18,823
Takisawa Machine Tool Company, Ltd.	3,000		2,392
Takuma Company, Ltd. (I)	10,000		23,291


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Tamura Corp. (I)	7,000	$	20,694
Tatsuta Electric Wire & Cable Company, Ltd.	8,000		19,441
Teac Corp. (I)	35,000		12,598
Tecmo Koei Holdings Company, Ltd. (I)	3,200		21,032
Teikoku Electric Manufacturing Company, Ltd.	700		12,812
Teikoku Piston Ring Company, Ltd.	2,700		14,273
Teikoku Tsushin Kogyo Company, Ltd.	6,000		13,655
Tekken Corp. (I)	14,000		11,498
Telepark Corp.	16		24,177
Tenma Corp.	2,100		23,507
The Hokkoku Bank, Ltd.	33,000		119,191
The Hyakugo Bank, Ltd.	28,000		127,890
The Pack Corp.	1,500		21,541
Tigers Polymer Corp.	2,000		6,978
TKC Corp.	1,800		33,193
TOA Corp.	22,000		24,503
TOA Oil Company, Ltd.	14,000		13,547
Toagosei Company, Ltd.	21,000		81,735
Tobishima Corp. (I)	48,000		12,952
Tobu Store Company, Ltd.	8,000		24,302
TOC Company, Ltd.	9,300		34,284
Tocalo Company, Ltd.	1,300		25,283
Tochigi Bank, Ltd.	12,000		50,426
Toda Corp.	33,000		116,780
Toda Kogyo Corp. (L)	5,000		34,786
Todentsu Corp.	6,000		10,262
Toei Company, Ltd.	6,000		30,583
Toenec Corp.	4,000		21,290
Toho Bank, Ltd.	20,000		66,157
Toho Company, Ltd.	6,000		22,624
Toho Titanium Company, Ltd.	3,000		53,225
Toho Zinc Company, Ltd.	12,000		52,585
Tohoku Bank, Ltd.	9,000		13,994
Tohto Suisan Company, Ltd.	5,000		8,042
Tokai Carbon Company, Ltd.	20,000		108,157
Tokai Corp.	4,000		22,233
Tokai Rubber Industries, Ltd.	3,900		50,597
Tokai Tokyo Securities Company, Ltd.	22,966		88,332
Toko, Inc. (I)	10,000		16,419
Tokushima Bank, Ltd.	7,000		23,550
Tokushu Tokai Holdings Company, Ltd.	11,000		28,213
Tokyo Dome Corp.	17,000		47,233
Tokyo Energy & Systems, Inc.	3,000		19,381
Tokyo Kikai Seisakusho, Ltd.	10,000		10,440
Tokyo Ohka Kogyo Company, Ltd.	4,500		80,115
Tokyo Rakutenchi Company, Ltd.	6,000		24,386
Tokyo Rope Manufacturing Company, Ltd.	12,000		29,408
Tokyo Seimitsu Company, Ltd. (I)	4,100		57,906
Tokyo Style Company, Ltd.	6,000		41,731
Tokyo Tomin Bank, Ltd.	3,100		39,548
Tokyotokeiba Company, Ltd.	18,000		26,090
Tokyu Community Corp.	1,300		31,042
Tokyu Construction Company, Ltd. (I)	8,480		23,648
Tokyu Livable, Inc.	2,200		17,896
Tokyu Recreation Company, Ltd.	4,000		23,416
Toli Corp.	7,000		12,775
Tomato Bank, Ltd.	10,000		20,108
Tomoe Corp.	4,400		11,139
Tomoku Company, Ltd.	11,000		24,509
Tomy Company, Ltd.	6,100		47,244
Topcon Corp. (L)	8,200		38,974
Topre Corp.	5,000		38,978
Topy Industries, Ltd.	17,000		30,781
Tori Holdings Company, Ltd. (I)	7,300		2,285
Torigoe Company, Ltd.	2,300		19,296


The accompanying notes are an integral part of the financial statements.	130

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Torii Pharmaceutical Company, Ltd.	1,700	$	33,587
Torishima Pump Manufacturing Company, Ltd.	2,300		49,864
Toshiba Machine Company, Ltd.	12,000		48,300
Toshiba Plant Systems & Services Corp.	4,000		47,241
Toshiba TEC Corp. (I)	13,000		50,436
Tosho Printing Company, Ltd.	3,000		5,509
Totetsu Kogyo Company, Ltd.	4,000		22,146
Tottori Bank, Ltd.	11,000		29,980
Towa Bank, Ltd. (I)	28,000		21,104
Towa Pharmaceutical Company, Ltd.	900		48,462
Toyo Construction Company, Ltd.	33,000		17,037
Toyo Corp.	3,100		24,908
Toyo Electric Manufacturing Company, Ltd.	4,000		25,093
Toyo Engineering Corp.	12,000		40,125
Toyo Ink Manufacturing Company, Ltd.	18,000		77,548
Toyo Kanetsu KK	16,000		31,313
Toyo Kohan Company, Ltd.	5,000		27,114
Toyo Securities Company, Ltd. (I)	7,000		12,826
Toyo Tanso Company, Ltd.	1,100		56,954
Toyo Tire & Rubber Company, Ltd. (I)	22,000		49,223
Toyobo Company, Ltd.	70,064		106,381
Trusco Nakayama Corp.	2,300		34,598
TS Tech Company, Ltd.	4,800		81,589
Tsubakimoto Chain Company, Ltd.	13,000		55,428
Tsuruha Holdings, Inc.	1,600		61,883
Tsurumi Manufacturing Company, Ltd.	3,000		19,584
Tsutsumi Jewelry Company, Ltd.	900		18,222
Ube Material Industries, Ltd.	9,000		23,485
ULVAC, Inc. (L)	3,300		80,339
Unicharm Petcare Corp.	1,600		51,512
Uniden Corp. (I)	7,000		17,868
Unimat Life Corp.	2,100		21,400
Union Tool Company, Ltd.	1,000		28,182
Unitika, Ltd. (I)	42,000		32,594
Utoc Corp.	4,300		11,165
Valor Company, Ltd.	4,700		38,328
Venture Link Company, Ltd. (I)	9,800		1,094
Vital KSK Holdings, Inc. (I)	2,900		18,146
Wacom Company, Ltd. (L)	38		58,667
Wakachiku Construction Company, Ltd. (I)	17,000		8,629
Warabeya Nichiyo Company, Ltd.	1,500		18,429
Watabe Wedding Corp.	800		10,035
Watami Company, Ltd. (L)	2,000		36,595
Weathernews, Inc.	800		9,597
Wood One Company, Ltd.	2,000		5,376
Xebio Company, Ltd.	2,400		46,093
Yahagi Construction Company, Ltd.	4,000		23,360
Yaizu Suisankagaku Industry Company, Ltd.	1,700		20,305
Yamagata Bank, Ltd.	16,000		70,394
Yamanashi Chuo Bank, Ltd.	16,255		68,880
Yamatane Corp.	13,000		18,714
Yamazen Corp.	7,500		28,177
Yaoko Company, Ltd.	600		18,110
Yasuda Warehouse Company, Ltd.	2,600		16,412
Yellow Hat, Ltd.	2,000		13,795
Yodogawa Steel Works, Ltd.	13,825		57,037
Yokogawa Bridge Corp.	3,000		24,430
Yokohama Reito Company, Ltd.	4,000		27,844
Yokowo Company, Ltd.	2,800		16,409
Yomeishu Seizo Company, Ltd.	3,000		28,425
Yonekyu Corp.	3,000		25,892
Yorozu Corp.	1,600		20,456
Yoshinoya D&C Company, Ltd.	45		50,136
Yuasa Funashoku Company, Ltd.	4,000		9,274
Yuasa Trading Company, Ltd.	24,000		19,165


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Japan (continued)
Yurtec Corp.	5,000	$	23,069
Yusen Air & Sea Service Company, Ltd.	1,500		20,994
Yushin Precision Equipment Company, Ltd.	1,400		24,085
Yushiro Chemical Industry Company, Ltd.	1,100		13,290
Zenrin Company, Ltd.	2,900		33,880
Zensho Company, Ltd. (L)	6,100		45,578
Zeon Corp.	17,000		88,886
Zeria Pharmaceutical Company, Ltd.	3,000		32,550
Zuken, Inc.	2,300		16,958

			28,662,943
Liechtenstein - 0.04%
Verwaltungs & Privat Bank AG	465		46,625
Luxembourg - 0.10%
Elcoteq SE (I)	353		601
Orco Property Group SA (I)(L)	1,119		11,368
Oriflame Cosmetics SA	639		37,286
Regus PLC	62,639		79,939

			129,194
Monaco - 0.05%
Societe des Bains de Mer & du Cercle des
Etrangers a Monaco SA	930		61,285
Netherlands - 1.98%
Aalberts Industries NV	10,885		151,375
Accell Group NV	740		35,951
Arcadis NV	4,659		103,138
ASM International NV (I)	4,290		100,645
BE Semiconductor Industries NV (I)	9,412		38,683
Beter Bed Holding NV	1,715		42,949
BinckBank N.V.	1,233		22,162
Brit Insurance Holdings Nv	8,282		97,239
Brunel International NV	2,644		101,544
Crown Van Gelder NV	152		1,639
Crucell NV (I)	5,477		104,772
Crucell NV, ADR (I)	1,501		28,699
Draka Holding NV (I)	2,745		45,332
Exact Holdings NV	1,691		41,885
Fornix Biosciences NV	1,231		13,069
Grontmij NV	1,690		37,671
Imtech NV	5,892		180,002
KAS Bank NV	1,372		25,187
Kendrion NV	951		12,596
Koninklijke BAM Groep NV	14,313		113,396
Koninklijke Ten Cate NV	2,968		77,793
Macintosh Retail Group NV	3,082		62,033
Nederlandsche Apparatenfabriek NEDAP NV	441		10,296
Nutreco Holding NV	3,754		222,463
OPG Groep NV	4,639		79,202
Ordina NV (I)	4,821		30,469
SBM Offshore NV	11,013		195,473
Sligro Food Group NV	2,701		86,435
Smit Internationale NV	1,219		103,317
Telegraaf Media Groep NV	2,614		48,745
TKH Group NV	3,140		57,688
TomTom NV	825		6,440
Unit 4 Agresso NV (I)	2,949		70,606
USG People NV (I)	6,455		104,653
Wavin NV	13,287		25,697

			2,479,244
New Zealand - 0.69%
Air New Zealand, Ltd.	32,827		29,539
Ebos Group, Ltd. (I)	3,159		13,855
Fisher & Paykel Appliances Holdings, Ltd. (I)	50,069		20,997


The accompanying notes are an integral part of the financial statements.	131

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
New Zealand (continued)
Fisher & Paykel Healthcare Corp.	47,719	$	113,251
Freightways, Ltd.	13,503		28,722
Hallenstein Glasson Holdings, Ltd.	6,230		15,659
Infratil, Ltd.	37,345		42,226
Mainfreight, Ltd.	7,607		31,059
New Zealand Exchange, Ltd. (I)	8,304		11,884
New Zealand Oil & Gas, Ltd.	41,661		44,194
New Zealand Refining Company, Ltd.	20,149		47,385
Nuplex Industries, Ltd.	21,229		50,553
PGG Wrightson, Ltd. (I)	49,994		21,232
Port of Tauranga, Ltd.	9,578		46,412
Pumpkin Patch, Ltd.	30,500		41,483
Ryman Healthcare, Ltd.	24,206		34,460
Sanford, Ltd.	6,681		21,222
Sky City Entertainment Group, Ltd.	56,475		125,860
Sky Network Television, Ltd.	14,967		52,021
Steel & Tube Holdings, Ltd.	7,400		13,694
Tower, Ltd.	17,022		22,563
Vector, Ltd.	30,611		41,413

			869,684
Norway - 1.42%
Acta Holding ASA (I)	30,000		13,908
Aktiv Kapital ASA (I)	3,800		26,963
Austevoll Seafood ASA (I)(L)	8,143		63,386
Birdstep Technology ASA (I)	6,000		1,905
Blom ASA (I)	7,600		10,291
BW Offshore, Ltd. (I)	48,000		70,338
Camillo Eitzen & Co. ASA (I)	5,800		13,738
Cermaq ASA (I)	5,800		64,775
Copeinca ASA (I)	9,400		79,539
Det Norske Oljeselskapb ASA (I)	67,720		74,506
DOF ASA (I)	5,500		35,365
EDB Business Partner ASA (I)	4,000		15,231
Eitzen Chemical ASA (I)	8,000		2,409
Ekornes ASA	2,900		69,196
Electromagnetic GeoServices ASA (I)	2,600		2,310
Eltek ASA (I)	14,600		6,772
Ementor ASA	10,153		83,667
Farstad Shipping ASA	4,400		107,979
Ganger Rolf ASA	1,427		36,824
Kongsberg Gruppen ASA	1,400		20,985
Kverneland Gruppen ASA (I)	1,000		643
Nordic Semiconductor ASA	3,500		42,644
Norse Energy Corp. ASA (I)(L)	40,000		30,860
Norske Skogindustrier ASA (I)(L)	18,500		23,009
Norwegian Air Shuttle ASA (I)	2,792		64,249
Odfjell ASA	6,307		55,493
ODIM ASA	3,100		23,408
PhotoCure ASA	1,408		10,577
Q-Free ASA (I)(L)	7,500		25,380
Scana Industrier ASA	15,396		18,262
Sevan Marine ASA (I)	36,322		50,979
Solstad Offshore ASA	3,000		53,310
Songa Offshore SE (I)	10,500		51,382
Sparebanken Midt-Norge ASA	10,452		91,082
TGS Nopec Geophysical Company ASA (I)	8,785		168,241
Tomra Systems ASA	17,056		82,286
Veidekke ASA	10,600		84,126
Wilhelm Wilhelmsen ASA	4,200		99,172

			1,775,190
Peru - 0.03%
Hochschild Mining PLC	10,925		43,324


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Portugal - 0.49%
Altri SGPS SA (I)	9,087	$	51,593
Banco BPI SA	32,406		85,610
Finibanco Holding SGPS SA (I)	7,634		14,551
Impresa (I)(L)	13,622		25,764
Investimentos Participacoes e Gestao SA (I)	31,635		27,137
Mota Engil	9,080		38,991
Novabase SGPS SA (I)	2,054		12,445
Pararede SGPS SA (I)	10,834		10,181
Portucel - Empresa Produtora de Pasta e
Papel SA	23,084		57,883
Redes Energeticas Nacionais SA	6,644		26,684
Semapa-Sociedade de Investimento & Gestao	5,339		51,418
Sonae (L)	42,153		46,775
Sonae Industria (I)	4,886		14,595
Sonaecom (I)	9,179		19,872
Teixeira Duarte-Engenharia &
Construcoes SA (I)(L)	37,298		42,484
Zon Multimedia SA (L)	17,213		87,394

			613,377
Singapore - 1.66%
Allgreen Properties, Ltd.	110,000		87,860
Asia Food & Properties, Ltd. (I)	222,000		81,294
Banyan Tree Holdings, Ltd.	14,000		6,870
Bonvests Holdings, Ltd.	36,400		24,215
Bukit Sembawang Estates, Ltd.	13,000		42,460
Cerebos Pacific, Ltd.	12,000		31,675
CH Offshore, Ltd.	50,000		23,311
China Merchants Holdings Pacific, Ltd.	41,000		17,647
Chip Eng Seng Corp., Ltd.	63,000		16,593
Chuan Hup Holdings, Ltd. (I)	78,000		17,201
Cosco Corp. Singapore, Ltd.	51,000		44,243
Creative Technology, Ltd.	7,050		27,093
CSE Global, Ltd.	54,000		34,407
CWT, Ltd.	31,000		20,173
Ezra Holdings, Ltd. (I)	36,000		57,335
First Resources, Ltd.	66,000		48,338
Food Empire Holdings, Ltd.	43,800		9,660
Goodpack, Ltd.	25,000		24,905
Guocoland, Ltd.	27,300		39,631
Ho Bee Investment, Ltd.	33,000		39,243
Hong Fok Corp., Ltd. (I)	39,800		17,971
Hong Leong Asia, Ltd.	16,000		41,909
Hotel Plaza, Ltd.	30,000		32,656
Hotel Properties, Ltd.	20,100		28,181
Hwa Hong Corp., Ltd.	55,000		21,519
Hyflux, Ltd.	28,000		70,099
Jaya Holdings, Ltd.	57,000		27,359
Jurong Technologies Industrial Corp., Ltd. (I)	83,200		1,480
Keppel
Telecommunications & Transportation, Ltd.	15,000		14,617
Kim Eng Holdings, Ltd.	17,795		24,938
KS Energy Services, Ltd. (L)	22,000		19,573
Manhattan Resources, Ltd. (I)	34,000		14,747
MediaRing, Ltd. (I)	79,000		12,376
Metro Holdings, Ltd.	38,000		20,417
MFS Technology, Ltd.	56,000		9,021
Midas Holdings, Ltd.	58,000		41,242
MobileOne, Ltd.	53,000		77,673
NatSteel, Ltd.	29,000		29,718
Orchard Parade Holdings, Ltd. (I)	18,000		13,072
Osim International, Ltd. (I)	44,000		23,462
Petra Foods, Ltd.	46,000		32,724
Raffles Education Corp., Ltd.	117,085		31,935
Rotary Engineering, Ltd.	37,000		26,835


The accompanying notes are an integral part of the financial statements.	132

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Singapore (continued)
SBS Transit, Ltd.	20,500	$	25,084
SC Global Developments, Ltd. (I)	26,000		32,767
Sim Lian Group, Ltd.	42,000		13,744
Singapore Airport Terminal Services, Ltd.	6,000		11,138
Singapore Land, Ltd.	2,000		9,249
Singapore Post, Ltd.	111,000		82,946
Singapore Reinsurance Corp., Ltd.	47,000		8,383
Straits Asia Resources, Ltd.	68,000		97,658
Tat Hong Holdings, Ltd.	28,000		17,938
United Engineers, Ltd.	19,000		27,717
United Industrial Corp, Ltd.	5,000		7,153
UOB-Kay Hian Holdings, Ltd.	23,000		26,045
Venture Corp., Ltd.	32,000		192,096
WBL Corp., Ltd.	14,000		50,197
Wheelock Properties, Ltd.	46,000		61,548
Wing Tai Holdings, Ltd.	53,300		63,678
Yongnam Holdings, Ltd.	118,000		21,397

			2,076,416
South Africa - 0.05%
Great Basin Gold, Ltd. (I)(L)	41,400		67,675
Spain - 2.16%
Abengoa SA (I)	5,452		137,844
Adolfo Dominguez SA	1,580		20,161
Amper SA	2,602		20,334
Antena 3 de Television SA (L)	8,128		80,943
Avanzit SA (I)	25,467		23,752
Azkoyen SA (I)	2,428		9,099
Banco Guipuzcoano SA	12,997		99,122
Banco Pastor SA (L)	14,006		86,828
Baron de Ley SA (I)	517		24,649
Bolsas y Mercados Espanoles (L)	2,758		72,635
Campofrio Alimentacion SA (I)	2,513		21,765
Cementos Portland Valderrivas SA	1,810		45,889
Construcciones & Auxiliar de Ferrocarriles SA	224		125,660
Corporacion Dermoestetica SA (I)	898		3,390
Duro Felguera SA	3,275		32,294
Ebro Puleva SA	9,032		177,967
Elecnor SA	5,244		76,684
Ercros SA (I)	14,570		26,385
FAES FARMA SA	20,129		103,893
General de Alquiler de Maquinaria (I)(L)	4,331		18,228
Gestevision Telecinco SA (L)	9,325		123,339
Grupo Catalana Occidente SA	4,279		87,566
Grupo Empresarial Ence SA (I)	9,197		33,121
Iberpapel Gestion SA	1,271		17,831
La Seda de Barcelona SA (I)	148,568		68,781
Miquel y Costas SA	1,078		23,344
Natraceutical SA (I)	22,388		14,856
NH Hoteles SA (I)	13,111		58,370
Obrascon Huarte Lain SA	5,340		118,288
Papeles y Cartones de Europa SA	5,226		28,047
Pescanova SA	658		19,625
Prim SA	1,511		14,176
Promotora de Informaciones SA (I)	17,908		81,159
Prosegur Cia de Seguridad SA	2,238		98,499
Service Point Solutions SA (I)	30,916		40,007
Sociedad Nacional Inds.	11,792		22,958
Sol Melia SA (L)	6,841		49,364
SOS Cuetara SA (I)(L)	4,481		13,884
Tavex Algodonera SA (I)	8,440		6,916
Tecnicas Reunidas SA	3,090		173,847
Tecnocom (I)	4,417		18,222
Tubacex SA	10,497		38,372
Tubos Reunidos SA	9,612		26,670


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Spain (continued)
Urbas Proyectos Urbanisticos SA (I)	10,449	$	1,894
Vertice Trescientos Sesenta Grados (I)	1,265		584
Vidrala SA	2,207		56,520
Viscofan SA	4,919		122,309
Vocento SA (I)	6,333		38,632
Zeltia SA (I)	18,631		98,222

			2,702,925
Sweden - 2.94%
AarhusKarlshamn AB	2,915		77,677
Acando AB	7,431		13,806
Active Biotech AB (I)	4,550		65,572
AddTech AB	3,143		51,356
Angpanneforeningen AB	2,297		63,144
Axfood AB	2,704		84,964
Axis Communications AB	4,940		70,132
BE Group AB	5,044		29,569
Beijer Alma AB	2,125		31,145
Beijer Electronics AB	232		4,457
Bergman & Beving AB	3,668		50,942
Bilia AB (I)	4,374		49,683
Billerud Aktibolag AB (I)	9,544		67,259
BioGaia AB	2,335		28,162
Biovitrum AB (I)	19,035		99,298
Bure Equity Abbure Equity AB	4,545		16,912
Cardo AB	2,290		71,951
Clas Ohlson AB	4,392		84,726
Cloetta AB (I)	6,455		28,425
Concordia Maritime AB	748		2,266
D. Carnegie & Company AB (I)	52,789		0
Elekta AB	10,418		262,747
Eniro AB (I)	4,936		17,107
Fagerhult AB	600		10,645
G & L Beijer AB	2,000		52,862
Gunnebo AB (I)	2,398		10,937
Hakon Invest AB	4,401		75,613
Haldex AB (I)	13,150		82,089
HIQ International AB (I)	5,688		24,570
Hoganas AB	3,718		87,342
Holmen AB, Seires B	1,237		30,707
Industrial & Financial Systems AB	3,313		41,118
Indutrade AB	2,469		53,493
Intrum Justitia AB	7,011		90,462
JM AB (I)	11,499		184,645
KappAhl Holding AB	6,786		63,549
Lagercrantz AB	4,000		16,326
Lindab International AB	7,888		68,589
Loomis AB	1,423		17,266
Lundin Petroleum AB (I)	6,021		45,735
Medivir AB (I)	2,195		32,940
Mekonomen AB	2,200		45,820
Micronic Laser Systems AB (I)	7,700		14,526
Modern Times Group AB	1,313		72,120
Munters AB (I)	7,622		62,234
NCC AB	6,668		108,290
Net Insight AB (I)(L)	50,000		31,481
New Wave Group AB	6,000		25,760
Nibe Industrier AB	9,287		94,446
Nobia AB (I)	24,089		121,302
Nolato AB	3,557		34,545
OEM International AB	8,427		49,995
ORC Software AB	1,800		39,886
PA Resources AB (I)	12,583		39,720
Peab AB	19,597		113,819
Proffice AB (I)	10,000		33,375


The accompanying notes are an integral part of the financial statements.	133

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Sweden (continued)
Q-Med AB (I)	7,472	$	65,236
Rezidor Hotel Group AB (I)	13,763		48,256
RNB Retail & Brands AB (I)(L)	17,418		23,572
SAS AB (I)	94,725		33,193
Seco Tools AB	274		3,017
Sensys Traffic AB	50,268		10,152
SkiStar AB	2,852		49,505
Studsvik AB	1,200		12,748
Sweco AB	5,392		42,539
TradeDoubler AB (I)	5,818		30,026
Trelleborg AB (I)	34,490		222,632

			3,688,383
Switzerland - 4.54%
Advanced Digital Broadcast Holdings SA (I)	310		13,421
AFG Arbonia-Forster Holding AG (I)	929		20,926
Allreal Holding AG	565		65,745
Also Holding AG (I)	779		32,888
Aryzta AG	7,363		275,936
Ascom Holding AG (I)	3,992		39,762
Bachem Holding AG	525		32,228
Bank Coop AG	2,190		143,775
Bank Sarasin & Compagnie AG	3,289		108,794
Banque Cantonale de Geneve	76		15,916
Banque Privee Edmond de Rothschild SA	1		23,486
Basilea Pharmaceutica AG (I)	1,026		75,246
Belimo Holding AG	57		61,245
Bell Holding AG	23		34,149
Berner Kantonalbank	430		94,457
Bobst Group AG (I)	1,425		49,397
Bossard Holding AG	748		41,858
Bucher Industries AG	639		75,540
Burckhardt Compression Holding AG	344		64,608
Card Guard AG (I)(L)	1,457		24,413
Centralschweizerische Kraftwerke AG	280		85,937
Charles Voegele Holding AG (I)	1,112		43,577
Clariant AG (I)	27,539		298,360
Conzzeta Holding AG	69		109,387
Daetwyler Holding AG	781		44,342
Dufry Group AG (I)	1,749		116,996
EFG International (L)	6,739		92,563
Emmi AG	563		68,635
EMS-Chemie Holding AG (I)	919		113,770
Energiedienst Holding AG	982		52,059
Ferrexpo Plc	13,092		56,370
Flughafen Zuerich AG	403		120,048
Forbo Holding AG (I)	152		51,901
Galenica Holding AG	474		178,145
GAM Holding, Ltd.	1,310		14,291
Georg Fischer AG (I)	478		144,602
Gurit Heberlein AG	40		19,361
Helvetia Patria Holding AG	449		142,421
Interroll Holding AG (I)	57		15,592
Kaba Holding AG	240		57,982
Kardex AG	444		14,177
Komax Holding AG	335		24,916
Kudelski SA	4,963		132,215
Kuoni Reisen Holding AG	264		93,404
LEM Holding SA	310		93,827
Luzerner Kantonalbank AG	283		76,070
Medisize Holding AG	524		28,265
Metall Zug AG	24		58,322
Meyer Burger Technology Ag	4,310		91,870
Mobilezone Holding AG	5,131		38,922
Mobimo Holding AG (I)	582		99,686


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Switzerland (continued)
Orascom Development Holding Ag	169	$	11,550
Orell Fuessli Holding AG	223		28,643
Panalpina Welttransport Holding AG	1,387		92,955
Phoenix Mecano AG	81		34,991
Precious Woods Holding AG (I)	327		11,415
PubliGroupe SA (I)	276		26,981
Rieter Holding AG (I)	353		87,404
Romande Energie Holding SA	43		73,414
Schaffner Holding AG (I)	90		13,737
Schulthess Group AG	805		35,520
Schweiter Technologies AG	117		57,359
Schweizerhall Holding AG	305		46,561
Schweizerische National-Versicherungs-
Gesellschaft AG (I)	1,491		40,374
Siegfried Holding AG	396		34,281
St. Galler Kantonalbank	253		115,640
Sulzer AG	2,497		223,119
Swissfirst AG	887		27,220
Swisslog Holding AG	60,097		54,277
Swissquote Group Holding SA	1,018		47,386
Tamedia AG	586		41,436
Tecan Group AG	1,142		79,212
Temenos Group AG (I)(L)	6,535		164,291
Tornos SA (I)	2,185		15,765
Valora Holding AG	333		74,674
Vaudoise Assurances Holding SA	211		36,931
Vontobel Holding AG	2,623		78,089
VZ Holding AG	879		64,456
WMH Walter Meier AG	120		14,298
Ypsomed Holding AG (I)	908		55,787
Zehnder Group AG	36		51,430
Zuger Kantonalbank	20		84,753

			5,695,752
United Arab Emirates - 0.12%
Dragon Oil PLC (I)	21,351		148,237
United Kingdom - 16.82%
888 Holdings PLC	10,776		16,628
A.G. Barr PLC	3,920		48,578
Aberdeen Asset Management PLC	87,089		152,506
AEA Technology PLC (I)	18,852		6,546
Aegis Group PLC	88,265		156,780
Aga Rangemaster Group PLC (I)	16,809		33,318
Alphameric PLC	33,484		14,884
Anglo Pacific Group PLC	13,955		54,472
Anglo-Eastern Plantations PLC	3,005		19,480
Anite PLC	32,668		16,189
Antisoma PLC	100,552		51,365
Ark Therapeutics Group PLC (I)	20,122		4,281
Arriva PLC (I)	21,983		171,664
Ashtead Group PLC	51,117		66,160
Assura Group, Ltd. (I)	39,777		27,289
Aveva Group PLC	6,703		105,299
Avis Europe PLC (I)	69,527		32,873
Axis-Shield PLC	9,883		58,928
Babcock International Group PLC	22,257		178,733
Balfour Beatty PLC	48,337		203,544
BBA Aviation PLC	47,385		120,780
Beazley PLC	59,045		101,602
Bellway PLC	12,567		127,434
Berkeley Group Holdings PLC (I)	9,481		107,297
Bespak PLC	7,040		38,191
Bloomsbury Publishing PLC	9,864		18,876
BlueBay Asset Management PLC	15,668		88,873
Bodycote PLC	20,949		57,081


The accompanying notes are an integral part of the financial statements.	134

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
United Kingdom (continued)
Bovis Homes Group PLC	13,533	$	75,291
Braemar Seascope Group PLC	1,189		7,776
Brewin Dolphin Holdings PLC	20,522		39,220
British Polythene Industries PLC	4,400		19,461
Britvic PLC	16,396		106,524
BSS Group PLC	13,812		55,810
BTG PLC	28,558		78,222
Care UK PLC	6,460		41,151
Carillion PLC	51,830		223,967
Carpetright PLC	6,037		85,715
Carphone Warehouse Group PLC	8,597		24,302
Castings PLC	6,764		19,085
Centaur Media PLC	19,732		14,742
Charles Stanley Group PLC	5,789		20,683
Charles Taylor Consulting PLC	5,241		17,675
Charter International PLC	16,185		164,343
Chaucer Holdings PLC	16,633		11,542
Chemring Group PLC (I)	3,525		178,436
Chesnara PLC	17,735		57,125
Chime Communications PLC	5,000		14,522
Chloride Group PLC	28,592		80,552
Chrysalis Group PLC (I)	7,473		11,642
Clarkson PLC	293		3,536
Clinton Cards PLC (I)	33,476		19,396
Close Brothers Group PLC	15,534		159,808
Collins Stewart PLC	27,764		30,694
Colt Telecom Group SA (I)	31,689		64,516
Communisis PLC (I)	19,820		4,383
Computacenter PLC	11,130		48,869
Connaught PLC	12,117		55,628
Cookson Group PLC (I)	25,913		181,826
Corin Group PLC	4,201		3,619
Costain Group PLC (I)	47,619		17,426
Cranswick PLC (I)	5,196		63,384
Creston PLC	10,587		13,722
Croda International PLC (I)	13,962		191,656
CSR PLC (I)	17,921		129,789
D.S. Smith PLC	37,951		67,274
Daily Mail & General Trust	28,742		194,834
Dairy Crest Group PLC	14,905		81,963
Dana Petroleum PLC (I)	9,638		161,071
Davis Service Group PLC	19,057		118,032
De La Rue PLC	10,370		147,952
Debenhams PLC (I)	154,042		147,093
Dechra Pharmaceuticals PLC	6,959		48,289
Delta PLC	15,616		37,582
Development Securities PLC	13,707		59,919
Devro PLC	15,211		39,899
Dicom Group PLC (I)	6,393		20,664
Dignity PLC	6,116		62,909
Dimension Data Holdings PLC	190,485		256,397
Diploma PLC	10,843		29,266
Domino Printing Sciences PLC	9,846		51,124
DSG International PLC	283,994		132,927
DTZ Holdings PLC	19,551		23,923
Dunelm Group PLC	6,499		38,125
easyJet PLC (I)	28,766		181,701
Electrocomponents PLC	43,870		124,065
Elementis PLC (I)	49,703		43,963
Enterprise Inns PLC	7,063		10,934
Euromoney Institutional Investor PLC	4,164		29,863
Evolution Group PLC	21,877		36,831
F&C Asset Management PLC	29,733		25,143
Fenner PLC	17,524		49,902
Filtrona PLC	20,887		59,577


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
United Kingdom (continued)
Findel PLC	10,678	$	4,518
FirstGroup PLC	5,932		32,162
Forth Ports PLC	4,084		66,459
Fortune Oil PLC	205,675		20,958
French Connection Group PLC (I)	23,030		12,674
Fuller Smith & Turner PLC	8,112		66,713
Future PLC (I)	44,714		12,785
Galiform PLC (I)	112,844		140,215
Galliford Try PLC	5,619		27,846
Game Group PLC	36,488		45,634
Gem Diamonds, Ltd.	11,000		38,980
Genus PLC (I)	6,656		70,498
GKN PLC	104,473		179,463
Go-Ahead Group PLC	3,980		82,433
Greene King PLC	20,878		137,416
Greggs PLC	8,569		54,234
Halfords Group PLC	20,002		138,571
Halma PLC (I)	40,384		153,494
Hampson Industries PLC	36,786		35,636
Hardy Oil & Gas PLC (I)	7,986		28,929
Hargreaves Lansdown PLC	22,375		109,914
Hays PLC	104,128		165,703
Headlam Group PLC	14,115		57,793
Helical Bar PLC	8,701		41,457
Helphire PLC	51,338		45,014
Henderson Group PLC	78,132		149,582
Henry Boot PLC	14,125		20,674
Heritage Oil, Ltd. (I)	19,736		140,830
Hikma Pharmaceuticals PLC	14,054		117,865
Hill & Smith Holdings PLC	14,323		70,045
HMV Group PLC	39,707		41,783
Hogg Robinson Group PLC	39,788		20,327
Holidaybreak PLC	3,875		14,892
Homeserve PLC	5,291		137,202
Hunting PLC	10,945		98,073
Huntsworth PLC	22,389		23,217
Hyder Consulting PLC	475		1,585
IG Group Holdings PLC	33,994		200,623
Imagination Technologies Group PLC	42,827		156,440
IMI PLC	35,743		308,043
Inchcape PLC (I)	79,498		30,866
Informa PLC	9,337		47,786
Intec Telecom Systems PLC	40,144		59,988
Intermediate Capital Group PLC	28,818		106,542
International Personal Finance PLC	25,827		78,702
Interserve PLC	14,294		43,609
ITE Group PLC	42,551		87,774
J.D. Wetherspoon PLC	11,284		77,343
James Fisher & Sons PLC	4,903		32,901
Jardine Lloyd Thompson Group PLC	15,119		114,010
JKX Oil & Gas PLC	9,108		34,916
John Menzies PLC (I)	7,960		38,092
John Wood Group PLC	41,896		229,765
Johnston Press PLC	131,792		49,758
Keller Group PLC	6,780		68,431
Kesa Electricals PLC	50,341		87,930
Kier Group PLC	3,821		58,395
Kingston Communications PLC	123,424		89,869
Ladbrokes PLC	108,776		241,962
Laird Group PLC	25,818		50,296
Laura Ashley Holdings PLC	68,094		12,981
Lavendon Group PLC	13,340		12,154
Liontrust Asset Management PLC (I)	5,127		8,485
Logica PLC	63,575		115,788
Lookers PLC (I)	35,795		28,662


The accompanying notes are an integral part of the financial statements.	135

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
United Kingdom (continued)
LSL Property Services PLC (I)	7,930	$	32,533
Luminar Group Holdings PLC (I)	13,431		5,733
Management Consulting Group PLC	73,960		22,552
Manganese Bronze Holdings PLC (I)	3,263		4,130
Marshalls PLC	29,028		36,753
Marston’s PLC	30,387		41,902
McBride PLC (I)	17,330		63,440
Meggitt PLC (I)	91,919		388,932
Melrose PLC	54,023		143,407
Melrose Resources PLC	4,954		23,646
Michael Page International PLC	33,159		187,683
Micro Focus International PLC	19,599		141,102
Millennium & Copthorne Hotels PLC	17,014		108,644
Misys PLC	48,309		167,864
Mitchells & Butlers PLC	2,205		9,538
Mitie Group PLC (I)	31,719		109,444
Mondi PLC	39,532		229,504
Moneysupermarket.com Group PLC	5,435		6,134
Morgan Crucible Co. PLC	27,442		72,223
Morgan Sindall PLC	5,441		46,053
Morse PLC (I)	17,420		10,691
Mothercare PLC (I)	7,645		75,669
Mouchel Parkman PLC	10,894		35,033
MWB Group Holdings PLC (I)	15,166		9,370
N. Brown Group PLC	18,394		60,489
National Express Group PLC (I)	48,489		150,078
Northern Foods PLC (I)	45,437		39,842
Northgate PLC	492		1,434
Northumbrian Water Group PLC	43,320		182,139
Novae Group PLC	7,830		34,740
Oxford Biomedica PLC (I)	90,000		15,097
Oxford Instruments PLC	5,102		18,056
Pace Micro Technology PLC (I)	21,795		58,177
Paypoint PLC	5,847		33,877
Pendragon PLC (I)	119,021		43,557
Pennon Group PLC	13,128		105,005
Persimmon PLC	25,959		154,488
Petropavlovsk PLC	740		10,658
Phoenix IT Group, Ltd.	9,852		43,415
Photo-Me International PLC	22,753		11,103
Premier Farnell PLC	36,962		103,350
Premier Foods PLC (I)	238,839		126,371
Premier Oil PLC (I)	9,685		162,181
Prostrakan Group PLC (I)	2,053		3,193
Provident Financial PLC	12,886		185,842
Psion PLC	11,459		15,731
Punch Taverns PLC (I)	25,348		29,711
PV Crystalox Solar PLC	29,561		22,049
PZ Cussons PLC	20,894		91,657
Qinetiq PLC	64,033		123,127
Quintain Estates & Development PLC	161,428		150,211
Rank Group PLC (I)	26,068		40,757
Rathbone Brothers PLC	4,369		54,550
REA Holdings PLC	2,127		17,044
Redrow PLC	15,513		31,709
Renishaw PLC	3,900		35,621
Rensburg Sheppards PLC	4,261		38,278
Restaurant Group PLC	19,119		60,168
Ricardo PlC (I)	9,643		40,147
Rightmove PLC	14,759		142,931
RM PLC	13,737		36,466
Robert Walters PLC	8,828		27,187
Robert Wiseman Dairies PLC	4,588		35,886
ROK PLC	31,236		20,345
Rotork PLC	8,459		167,452


International Small Company Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
United Kingdom (continued)
Royalblue Group PLC	5,020	$	106,445
RPC Group PLC	10,280		36,364
RPS Group PLC (I)	23,867		65,522
Salamander Energy PLC (I)	12,056		45,985
Savills PLC	12,782		60,735
Scott Wilson Group PLC	138		197
SDL PLC	7,187		49,764
Senior PLC	55,744		66,722
Severfield Rowen PLC	8,148		25,909
Shanks Group PLC	16,481		29,350
Shore Capital Group PLC	82,607		42,197
SIG PLC	66,079		115,520
Smiths News PLC	49,558		88,047
Soco International PLC	6,432		150,509
Southern Cross Healthcare, Ltd. (I)	18,768		43,220
Spectris PLC	11,747		141,131
Spirax-Sarco Engineering PLC	7,883		152,702
Spirent Communications PLC	34,260		54,391
Spirent Communications PLC, ADR	1,208		7,490
Sports Direct International PLC	28,725		44,953
SSL International PLC	22,943		258,513
St James’s Place PLC	19,486		76,196
St. Ives Group PLC (I)	12,932		9,520
St. Modwen Properties PLC	12,563		37,136
Stagecoach Group PLC	61,110		162,995
Sthree PLC	11,092		48,323
Tate & Lyle PLC	1,062		6,819
Ted Baker PLC	5,384		38,318
Telecom Plus PLC (I)	5,142		23,599
The Weir Group PLC	22,143		263,669
Thorntons PLC	10,805		20,594
Tomkins PLC	23,630		276,471
Topps Tiles PLC (I)	25,009		30,415
Town Centre Securities PLC (I)	4,430		10,847
Travis Perkins PLC (I)	18,819		192,036
Tribal Group PLC	1,323		1,916
Trinity Mirror PLC	37,867		76,294
TT electronics PLC (I)	26,687		35,611
Tullett Prebon PLC	25,044		109,305
UK Coal PLC	20,780		15,446
UK Mail Group PLC	6,109		27,790
Ultra Electronics Holdings PLC (I)	6,954		140,636
Umeco PLC	6,440		31,228
United Business Media, Ltd.	25,338		168,993
UTV Media PLC	12,462		19,193
Vectura Group PLC (I)	35,006		34,159
Victrex PLC	7,743		102,710
Vislink PLC	22,958		8,400
Vitec Group PLC	3,750		22,655
VP PLC	664		1,715
VT Group PLC	18,117		184,440
W.S. Atkins PLC	10,171		89,430
Wellstream Holdings PLC	8,321		63,440
WH Smith PLC	15,331		107,303
William Hill PLC	71,483		212,652
Wilmington Group PLC	8,311		16,914
Wincanton PLC	11,768		34,468
Wolfson Microelectronics PLC (I)	11,249		24,570
WSP Group PLC (I)	7,138		28,944
Xaar PLC (I)	17,577		22,375
Xchanging PLC	23,627		66,301
Yell Group PLC (I)	188,882		114,009
Yule Catto & Company PLC (I)	29,330		75,596

			21,089,792


The accompanying notes are an integral part of the financial statements.	136

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Small Company Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
United States - 0.32%
Coeur d’Alene Mines Corp. (L)		3,660	$	52,709
Golden Star Resources, Ltd. (I)		32,118		100,121
Jaguar Mining Incjaguar Mining Inc		2,130		20,122
pSivida Corp.		2,379		7,934
Royal Gold, Inc.		747		33,545
Storm Cat Energy Corp. (I)		2,400		6
SXC Health Solutions Corp. (I)		3,700		185,527

				399,964

TOTAL COMMON STOCKS (Cost $151,092,695)			$	124,627,053


PREFERRED STOCKS - 0.03%
Australia - 0.03%
Village Roadshow, Ltd., 5.50%		20,000		39,422

TOTAL PREFERRED STOCKS (Cost $48,374)			$	39,422


WARRANTS - 0.00%
Australia - 0.00%
UXC, Ltd. (Expiration Date: 03/31/2010,
Strike Price: AUD 0.45) (I)		5,594		460
Hong Kong - 0.00%
Goldin Properties Holdings, Ltd. (Expiration
Date: 08/22/2010, Strike Price:
HKD 6.00) (I)		9,300		8

TOTAL WARRANTS (Cost $518)			$	468


RIGHTS - 0.00%
Australia - 0.00%
Flexigroup, Ltd. (Expiration
Date: 03/23/2010) (I)		5,583		751
Greece - 0.00%
Emporiki Bank SA (Expiration
Date: 03/18/2010) (I)		8,531		0
Marfin Investment Group SA (Expiration
Date: 03/04/2010) (I)		46,194		629

				629
Norway - 0.00%
Norse Energy Corp. ASA (Expiration
Date: 12/31/2010) (I)		2,880		151
Spain - 0.00%
General De Alquiler De Maquinaria SA
(Expriation Date: 03/09/2010, Strike
Price: EUR 2.65) (I)		4,331		1,073

TOTAL RIGHTS (Cost $-)			$	2,604


SHORT-TERM INVESTMENTS - 4.34%
*Short-Term Securities - 0.73%**
State Street Institutional Liquid Reserves
Fund, 0.1176%	$	918,970		918,970
Securities Lending Collateral - 3.61%
John Hancock Collateral Investment
Trust, 0.1869% (W)(Y)		451,694		4,521,502

TOTAL SHORT-TERM INVESTMENTS (Cost $5,438,492)			$	5,440,472

Total Investments (International Small Company Fund)
(Cost $156,580,079) - 103.74%			$	130,110,019
Other assets and liabilities, net - (3.74%)				(4,690,759)

TOTAL NET ASSETS - 100.00%			$	125,419,260


For sector weighting information see pages 3-8.


International Value Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 91.74%
Australia - 0.77%
Brambles, Ltd.	1,487,304	$	9,238,734
Austria - 0.96%
Telekom Austria AG	873,300		11,453,718
Bermuda - 0.64%
PartnerRe, Ltd. (L)	95,760		7,623,454
Brazil - 0.62%
Empresa Brasileira de Aeronautica
SA, ADR (L)	339,020		7,444,879
Canada - 1.61%
Biovail Corp.	606,300		8,971,765
Talisman Energy, Inc.	563,640		10,301,081

			19,272,846
China - 1.25%
China Telecom Corp., Ltd.	18,363,589		8,052,827
Shanghai Electric Group Company, Ltd.	15,149,555		6,833,559

			14,886,386
France - 11.08%
AXA SA (L)	986,837		19,911,681
Cap Gemini SA	200,190		9,218,069
Compagnie Generale des Etablissements
Michelin, Class B	62,070		4,332,016
France Telecom SA	1,397,501		32,786,463
GDF Suez (L)	210,400		7,728,947
Sanofi-Aventis SA	339,576		24,844,346
Total SA	358,192		19,995,860
Vivendi SA	539,650		13,599,017

			132,416,399
Germany - 8.72%
Bayerische Motoren Werke (BMW) AG	305,944		12,402,412
Celesio AG	162,540		4,732,394
Deutsche Post AG	416,701		6,773,958
E.ON AG	305,490		10,877,751
Merck KGAA	160,580		12,634,726
Muenchener Rueckversicherungs -
Gesellschaft AG	133,066		20,589,225
SAP AG	394,750		17,603,961
Siemens AG	199,739		17,127,435
Symrise AG	66,700		1,421,859

			104,163,721
Hong Kong - 1.36%
China Mobile, Ltd.	308,000		3,040,570
Hutchison Whampoa, Ltd.	1,836,620		13,160,168

			16,200,738
Israel - 0.49%
Check Point Software Technologies, Ltd. (I)	179,860		5,863,436
Italy - 1.67%
Autogrill SpA (I)	1,054,007		13,087,901
UniCredit Italiano SpA (I)	2,709,809		6,870,699

			19,958,600
Japan - 7.06%
Mitsubishi UFJ Financial Group	1,611,700		8,214,282
Nintendo Company, Ltd.	74,794		20,364,460
Sompo Japan Insurance, Inc.	663,000		4,593,730
Sony Corp.	429,514		14,669,736
Takeda Pharmaceutical Company, Ltd.	160,800		7,283,088
Toyota Motor Corp.	312,200		11,683,608
USS Company, Ltd.	271,530		17,616,440

			84,425,344


The accompanying notes are an integral part of the financial statements.	137

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


International Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Netherlands - 7.06%
ING Groep NV (I)	3,267,498	$	29,320,095
Philips Electronics NV	537,666		15,726,404
Randstad Holdings NV (I)(L)	210,440		8,814,339
Reed Elsevier NV	997,669		11,427,528
Royal Dutch Shell PLC, B Shares	731,283		19,147,696

			84,436,062
Norway - 4.80%
Aker Solutions ASA	979,950		12,974,886
Statoil ASA	1,028,570		23,092,938
Telenor ASA (I)	1,681,911		21,270,076

			57,337,900
Russia - 0.57%
Gazprom OAO, SADR	308,000		6,849,920
Singapore - 3.05%
Flextronics International, Ltd. (I)	2,521,640		17,550,614
Singapore Telecommunications, Ltd.	8,715,000		18,913,081

			36,463,695
South Korea - 3.68%
KB Financial Group, Inc., ADR (I)(L)	314,328		13,160,913
Samsung Electronics Co., Ltd., GDR (S)	96,164		30,841,458

			44,002,371
Spain - 2.90%
Iberdrola SA	1,422,913		11,457,526
Telefonica SA	989,769		23,247,506

			34,705,032
Sweden - 1.88%
Ericsson (LM), Series B	1,652,914		16,534,463
Niscayah Group AB (L)	2,955,338		5,929,485

			22,463,948
Switzerland - 7.51%
Adecco SA	356,560		17,728,637
Lonza Group AG	45,350		3,572,578
Nestle SA	473,010		23,533,363
Novartis AG	282,470		15,668,524
Roche Holdings AG	55,770		9,316,155
Swiss Re	286,003		12,883,829
UBS AG (I)	511,498		7,050,392

			89,753,478
Taiwan - 4.07%
Compal Electronics, Inc., GDR (S)	2,085,024		14,952,333
Lite-On Technology Corp.	6,392,264		8,225,571
Lite-On Technology Corp., GDR	444,199		5,719,995
Mega Financial Holding Company, Ltd.	1,274,772		704,961
Taiwan Semiconductor
Manufacturing Company, Ltd.	10,392,576		19,056,525

			48,659,385
United Kingdom - 18.36%
Aviva PLC	2,301,950		13,729,741
BAE Systems PLC	1,916,030		10,938,638
BP PLC	2,546,112		22,475,418
British Sky Broadcasting Group PLC	1,840,516		15,273,184
G4S PLC	3,063,280		12,649,057
GlaxoSmithKline PLC	992,205		18,395,311
Hays PLC	5,113,400		8,137,150
HSBC Holdings PLC	522,050		5,734,403
Kingfisher PLC	5,527,810		18,127,612
Marks & Spencer Group PLC	1,044,400		5,258,578
Old Mutual PLC (I)	3,772,432		6,533,184
Pearson PLC	985,766		13,763,157


International Value Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
United Kingdom (continued)
Premier Foods PLC (I)		8,745,586	$	4,627,350
Rentokil Initial PLC (I)		4,506,737		8,862,231
Rexam PLC		1,273,450		5,421,710
Sage Group PLC		1,916,960		6,923,509
Tesco PLC		921,040		5,895,579
Vodafone Group PLC		17,011,166		36,698,367

				219,444,179
United States - 1.63%
ACE, Ltd.		390,256		19,508,897

TOTAL COMMON STOCKS (Cost $1,196,642,158)			$	1,096,573,122


SHORT-TERM INVESTMENTS - 12.93%
*Short-Term Securities - 8.10%**
Bank of Montreal, Time Deposit, 0.080%	$	16,860,000		16,860,000
Paribas Corp., Time Deposit, 0.120%		40,000,000		40,000,000
Royal Bank of Canada, Time Deposit, 0.100%		40,000,000		40,000,000

				96,860,000
Securities Lending Collateral - 4.83%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		5,772,311		57,781,407

TOTAL SHORT-TERM INVESTMENTS (Cost $154,636,360)			$	154,641,407

Total Investments (International Value Fund)
(Cost $1,351,278,518) - 104.67%			$	1,251,214,529
Other assets and liabilities, net - (4.67%)				(55,877,295)

TOTAL NET ASSETS - 100.00%			$	1,195,337,234


For sector weighting information see pages 3-8.


Investment Quality Bond Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 32.53%
U.S. Treasury Bonds - 26.95%
4.375%, 11/15/2039	$	1,000,000	$	974,688
4.500%, 08/15/2039		1,000,000		995,469
4.625%, 02/15/2040		2,250,000		2,285,156
5.375%, 02/15/2031		1,000,000		1,131,094
5.500%, 08/15/2028		1,000,000		1,142,656
6.250%, 08/15/2023		2,500,000		3,053,125
7.250%, 08/15/2022		1,900,000		2,510,968
7.500%, 11/15/2016		5,450,000		6,968,762
7.875%, 02/15/2021		9,250,000		12,659,455
8.125%, 08/15/2019 to 08/15/2021 (F)		6,200,000		8,577,804
8.750%, 05/15/2017 to 08/15/2020		9,785,000		13,905,673

				54,204,850
U.S. Treasury Note - 1.05%
3.125%, 08/31/2013		2,000,000		2,105,624
Federal Home Loan Mortgage Corp. - 1.34%
4.000%, 11/15/2019		135,265		138,928
5.000%, 03/01/2019 to 12/01/2034		2,419,721		2,538,064
6.500%, 04/01/2029 to 08/01/2034		19,968		21,919
7.500%, 06/01/2010 to 05/01/2028		4,564		5,010

				2,703,921
Federal National Mortgage Association - 3.04%
4.664%, 05/01/2013		168,187		178,384
4.860%, 01/01/2015		2,792,758		2,981,479


The accompanying notes are an integral part of the financial statements.	138

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
Federal National Mortgage Association (continued)
4.918%, 02/01/2013	$	253,804	$	268,124
5.000%, 03/01/2019 to 06/01/2019		965,712		1,029,827
5.500%, 08/01/2035 to 11/01/2035		934,563		988,008
5.629%, 12/01/2011		200,604		208,833
5.936%, 11/01/2011		107,116		111,218
6.047%, 05/01/2012		123,693		133,490
6.078%, 03/01/2012		77,337		81,372
6.085%, 10/01/2011		131,901		137,020
6.500%, 09/01/2031		73		80
7.000%, 06/01/2029		232		249

				6,118,084
Government National Mortgage Association - 0.11%
6.000%, 12/15/2013 to 04/15/2035		42,221		45,859
6.500%, 06/15/2028 to 08/15/2034		38,772		42,433
7.000%, 11/15/2031 to 11/15/2033		111,619		122,970
8.000%, 07/15/2030		1,976		2,195

				213,457
U.S. Department of Housing & Urban Development - 0.04%
7.498%, 08/01/2011		77,000		77,415

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $61,781,043)			$	65,423,351


FOREIGN GOVERNMENT
OBLIGATIONS - 1.49%
Brazil - 1.08%
Federative Republic of Brazil
5.875%, 01/15/2019		775,000		835,063
7.125%, 01/20/2037		90,000		101,700
10.000%, 01/01/2017	BRL	2,500,000		1,237,444

				2,174,207
Hungary - 0.16%
Republic of Hungary
6.250%, 01/29/2020	$	305,000		311,914
Lithuania - 0.06%
Republic of Lithuania
7.375%, 02/11/2020 (S)		115,000		119,604
Qatar - 0.19%
Government of Qatar
4.000%, 01/20/2015 (S)		380,000		383,800

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $2,616,223)			$	2,989,525


CORPORATE BONDS - 49.40%
Advertising - 0.01%
Catalina Marketing Corp.
10.500%, 10/01/2015 (S)		10,000		10,450
Aerospace/Defense - 0.06%
Goodrich Corp.
7.100%, 11/15/2027		115,000		120,199
Agriculture - 0.34%
Cargill, Inc.
5.600%, 09/15/2012 (S)		635,000		691,372
Airlines - 0.31%
American Airlines Pass Through
Trust 2003-01
3.857%, 07/09/2010		15,425		15,155
Continental Airlines, Inc.
5.983%, 04/19/2022		30,000		28,875
6.900%, 01/02/2018		101,308		100,422


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Airlines (continued)
Continental Airlines, Inc. (continued)
9.798%, 04/01/2021	$	8,329	$	7,454
Continental Airlines, Inc., Series 981A
6.648%, 09/15/2017		197,316		191,397
Southwest Airlines Company, Series 07-1
6.150%, 08/01/2022		280,464		283,269

				626,572
Auto Manufacturers - 0.41%
DaimlerChrysler NA Holding Corp.
7.300%, 01/15/2012		540,000		589,529
8.500%, 01/18/2031		175,000		218,162
Ford Motor Company
7.450%, 07/16/2031		20,000		17,575

				825,266
Auto Parts & Equipment - 0.01%
Affinia Group, Inc.
9.000%, 11/30/2014		5,000		4,881
ArvinMeritor, Inc.
8.125%, 09/15/2015		10,000		9,100
10.625%, 03/15/2018		5,000		4,901
Tenneco, Inc.
8.625%, 11/15/2014		5,000		4,913

				23,795
Banks - 3.48%
American Express Centurion Bank
6.000%, 09/13/2017		500,000		529,898
ANZ National International, Ltd.
2.375%, 12/21/2012		260,000		261,370
Barclays Bank PLC
8.550%, (S)(P)		10,000		9,750
First Republic Bank of San Francisco
7.750%, 09/15/2012		111,000		118,456
First Union National Bank
7.800%, 08/18/2010		350,000		361,166
GMAC, Inc.
8.000%, 11/01/2031		23,000		21,218
HSBC Bank USA NA
7.000%, 01/15/2039		250,000		278,149
Lloyds TSB Bank PLC
4.375%, 01/12/2015		520,000		511,313
National Australia Bank, Ltd.
8.600%, 05/19/2010		23,000		23,402
NB Capital Trust IV
8.250%, 04/15/2027		15,000		14,550
NBD Bancorp
8.250%, 11/01/2024		270,000		318,641
Republic New York Corp.
9.500%, 04/15/2014		135,000		156,759
Sanwa Bank, Ltd.
7.400%, 06/15/2011		300,000		321,541
Sovereign Bancorp, Inc.
4.800%, 09/01/2010		30,000		30,460
The Royal Bank of Scotland PLC
4.875%, 08/25/2014 (S)		550,000		556,207
US Bancorp
7.500%, 06/01/2026		750,000		822,068
Wachovia Corp.
5.750%, 06/15/2017		385,000		406,411
Wachovia Corp., Series MTN
5.500%, 05/01/2013		570,000		615,711
Wells Fargo & Company
4.950%, 10/16/2013		1,020,000		1,079,008


The accompanying notes are an integral part of the financial statements.	139

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Banks (continued)
Westpac Banking Corp.
4.200%, 02/27/2015	$	550,000	$	567,387

				7,003,465
Beverages - 0.98%
Anheuser-Busch InBev Worldwide, Inc.
6.875%, 11/15/2019 (S)		125,000		143,972
7.750%, 01/15/2019 (S)		400,000		481,477
Companhia de Bebidas das Americas
8.750%, 09/15/2013		365,000		424,313
Constellation Brands, Inc.
7.250%, 09/01/2016		10,000		10,113
Dr Pepper Snapple Group, Inc.
6.820%, 05/01/2018		440,000		501,308
Molson Coors Capital Financial
4.850%, 09/22/2010		117,000		119,614
PepsiCo, Inc.
7.900%, 11/01/2018		235,000		293,896

				1,974,693
Biotechnology - 0.18%
Amgen, Inc.
6.400%, 02/01/2039		245,000		271,762
Life Technologies Corp.
6.000%, 03/01/2020		85,000		87,636
Talecris Biotherapeutics Holdings Corp.
7.750%, 11/15/2016 (S)		5,000		5,025

				364,423
Building Materials - 0.00%
Goodman Global Group, Inc.
0.00%, 12/15/2014		5,000		2,900
Chemicals - 0.60%
Agrium, Inc.
7.125%, 05/23/2036		225,000		243,158
Ashland, Inc.
9.125%, 06/01/2017 (S)		10,000		10,950
Cytec Industries, Inc.
4.600%, 07/01/2013		133,000		139,853
6.000%, 10/01/2015		200,000		215,406
Hexion U.S. Finance Corp.
9.750%, 11/15/2014		10,000		9,450
IMC Global, Inc.
7.300%, 01/15/2028		3,000		3,299
Momentive Performance Materials, Inc.
9.750%, 12/01/2014		10,000		9,425
Potash Corp. of Saskatchewan, Inc.
4.875%, 03/30/2020		575,000		576,432

				1,207,973
Coal - 0.05%
Peabody Energy Corp.
7.375%, 11/01/2016		100,000		105,750
Commercial Services - 0.37%
Aramark Services, Inc.
8.500%, 02/01/2015		10,000		10,100
Avis Budget Car Rental LLC
7.625%, 05/15/2014		15,000		13,988
Cenveo Corp.
7.875%, 12/01/2013		5,000		4,625
Corrections Corp. of America
6.750%, 01/31/2014		100,000		100,750
Deluxe Corp.
7.375%, 06/01/2015		50,000		48,500


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Commercial Services (continued)	��
Erac USA Finance Company
8.000%, 01/15/2011 (S)	$	534,000	$	563,055
Service Corp. International
7.625%, 10/01/2018		10,000		10,050

				751,068
Computers - 0.10%
Seagate Technology International
10.000%, 05/01/2014		150,000		170,438
Stream Global Services, Inc.
11.250%, 10/01/2014 (S)		15,000		15,319
Unisys Corp.
12.750%, 10/15/2014 (S)		12,000		13,860
14.250%, 09/15/2015 (S)		7,000		8,260

				207,877
Cosmetics & Personal Care - 0.16%
Procter & Gamble
9.360%, 01/01/2021		256,143		321,183
Revlon Consumer Products Corp.
9.750%, 11/15/2015 (S)		5,000		5,138

				326,321
Diversified Financial Services - 12.44%
AGFC Capital Trust I, (6.000% to
01/15/2017, then 3 month
LIBOR +175 bps)
maturing at 01/15/2067 (S)		170,000		79,050
American Express Credit Corp.
5.125%, 08/25/2014		360,000		383,681
American General Finance Corp.
5.375%, 10/01/2012		154,000		131,198
Bank of America Corp.
4.375%, 12/01/2010		436,000		447,535
5.420%, 03/15/2017		800,000		782,140
5.650%, 05/01/2018		125,000		124,686
5.750%, 12/01/2017		100,000		101,266
BAT International Finance PLC
9.500%, 11/15/2018 (S)		200,000		259,659
Bear Stearns Companies, Inc.
5.350%, 02/01/2012		80,000		85,552
6.400%, 10/02/2017		105,000		115,925
6.950%, 08/10/2012		345,000		384,239
Capital One Capital IV, (6.750% to
02/17/2032, then 1 month
LIBOR +217 bps)
maturing at 02/17/2037		125,000		103,750
Capital One Financial Corp.
7.375%, 05/23/2014		60,000		68,781
Charles Schwab Corp.
4.950%, 06/01/2014		230,000		247,091
CIT Group Funding Company of
Delaware LLC
10.250%, 05/01/2013 to 05/01/2017		10,020		10,265
CIT Group, Inc.
7.000%, 05/23/2014		117,641		105,547
Citigroup Capital XXI, (8.300% to
12/21/2037, then 3 month
LIBOR +417 bps)
maturing at 12/21/2057		30,000		27,825
Citigroup, Inc.
4.875%, 05/23/2014		286,000		278,841
5.500%, 05/23/2014		900,000		951,907
6.500%, 05/23/2014		420,000		451,770
6.875%, 03/05/2038		275,000		271,467


The accompanying notes are an integral part of the financial statements.	140

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
CNG Holdings, Inc.
12.250%, 02/15/2015	$	10,000	$	9,613
Countrywide Financial Corp.
4.500%, 06/15/2010		70,000		70,786
Credit Acceptance Corp.
9.125%, 02/01/2017		5,000		4,975
Discover Financial Services
6.450%, 06/12/2017		300,000		290,174
Equitable Companies, Inc.
7.000%, 04/01/2028		235,000		246,482
Farmers Exchange Capital
7.050%, 07/15/2028 (S)		350,000		311,372
Ford Motor Credit Company LLC
7.000%, 10/01/2013		21,000		20,682
GATX Financial Corp.
5.500%, 02/15/2012		200,000		209,954
General Electric Capital Corp.
2.000%, 09/28/2012		1,765,000		1,790,840
2.800%, 01/08/2013		1,700,000		1,714,715
4.800%, 05/01/2013		475,000		502,249
6.750%, 03/15/2032		934,000		961,116
General Electric Capital Corp., Series A
6.125%, 02/22/2011		67,000		70,491
HBOS PLC
6.000%, 11/01/2033 (S)		210,000		162,403
HSBC Holdings PLC
0.454%, 10/06/2016 (P)		600,000		576,529
6.800%, 10/06/2016		850,000		906,822
Iberdrola Finance Ireland, Ltd.
5.000%, 09/11/2019 (S)		425,000		421,409
International Lease Finance Corp.
5.625%, 09/15/2010		170,000		168,088
5.875%, 05/01/2013		250,000		214,664
6.375%, 03/25/2013		145,000		127,710
International Lease Finance
Corp. Series MTN
5.650%, 06/01/2014		10,000		8,490
JPMorgan Chase & Company
3.700%, 10/06/2016		575,000		581,932
5.150%, 10/06/2016		200,000		211,721
5.375%, 10/01/2012		760,000		823,545
JPMorgan Chase & Company, MTN
6.000%, 10/06/2016		555,000		601,101
JPMorgan Chase Capital XV
5.875%, 03/15/2035		567,000		508,687
Lazard Group LLC
6.850%, 06/15/2017		585,000		594,165
Merrill Lynch & Company, Inc.
6.400%, 08/28/2017		740,000		770,458
6.875%, 04/25/2018		425,000		447,801
7.750%, 05/14/2038		135,000		144,157
Mizuho Financial Group Cayman, Ltd.
5.790%, 04/15/2014 (S)		246,000		263,404
Morgan Stanley
4.200%, 04/15/2014		215,000		215,631
5.550%, 04/15/2014		225,000		228,703
6.000%, 04/15/2014		350,000		373,860
6.250%, 04/15/2014		500,000		527,744
6.750%, 04/15/2014		106,000		111,989
Morgan Stanley, Series F
6.625%, 04/15/2014		675,000		718,189
Nissan Motor Acceptance Corp.
4.500%, 01/30/2015		310,000		314,034
Nomura Holdings, Inc.
5.000%, 03/04/2015 (C)		225,000		227,257


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
Principal Life Global Funding I
5.125%, 10/15/2013 (S)	$	225,000	$	232,213
6.125%, 10/15/2033 (S)		108,000		99,361
Sun Canada Financial Company
7.250%, 12/15/2015 (S)		229,000		232,590
The Goldman Sachs Group, Inc.
5.450%, 11/01/2012		340,000		364,627
6.000%, 05/01/2014		60,000		65,850
6.150%, 04/01/2018		750,000		792,233
6.750%, 10/01/2037		905,000		877,456
6.875%, 01/15/2011		208,000		218,573
7.500%, 02/15/2019		235,000		268,956

				25,017,976
Electric - 4.80%
Abu Dhabi National Energy Company
5.875%, 10/27/2016 (S)		110,000		108,695
Carolina Power & Light Company
6.500%, 07/15/2012		671,000		742,642
Commonwealth Edison Company
5.950%, 08/15/2016		125,000		138,412
6.150%, 03/15/2012		92,000		100,020
Dominion Resources, Inc.
6.400%, 06/15/2018		395,000		440,228
7.000%, 06/15/2038		150,000		171,864
Duke Energy Corp.
5.650%, 06/15/2013		600,000		658,778
Edison Mission Energy
7.750%, 06/15/2016		20,000		16,000
EDP Finance BV
4.900%, 10/01/2019 (S)		375,000		364,023
Electricite de France SA
6.500%, 01/26/2019 (S)		400,000		453,302
Enel Finance International SA
6.800%, 09/15/2037 (S)		555,000		586,529
Georgia Power Company
5.250%, 12/15/2015		600,000		663,007
Israel Electric Corp., Ltd.
7.250%, 01/15/2019 (S)		475,000		515,559
Midamerican Energy Holdings
6.125%, 04/01/2036		250,000		256,415
Midamerican Funding LLC
6.750%, 03/01/2011		260,000		274,144
Mirant North America LLC
7.375%, 12/31/2013		20,000		19,925
Nevada Power Company
6.500%, 08/01/2018		150,000		164,823
New York State Electric & Gas Corp.
5.750%, 05/01/2023		74,000		73,703
NiSource Finance Corp.
6.400%, 03/15/2018		200,000		214,752
Northern States Power Company
6.250%, 06/01/2036		125,000		136,455
6.500%, 03/01/2028		67,000		73,943
NRG Energy, Inc.
7.250%, 02/01/2014		25,000		25,188
7.375%, 01/15/2017		5,000		4,919
Ohio Edison Company
6.875%, 07/15/2036		150,000		164,505
Old Dominion Electric Cooperative
6.250%, 06/01/2011		141,000		148,743
Oncor Electric Delivery Company
7.500%, 09/01/2038		150,000		178,674
PacifiCorp
6.350%, 07/15/2038		110,000		121,984


The accompanying notes are an integral part of the financial statements.	141

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
Potomac Electric Power Company
6.500%, 11/15/2037	$	250,000	$	274,689
PPL Electric Utilities Corp.
6.250%, 05/15/2039		80,000		85,857
PSEG Power LLC
8.625%, 04/15/2031		154,000		198,058
Puget Sound Energy, Inc.
5.757%, 10/01/2039		150,000		147,419
7.000%, 03/09/2029		54,000		61,133
RRI Energy, Inc.
6.750%, 12/15/2014		8,000		7,990
Sierra Pacific Power Company, Series M
6.000%, 05/15/2016		150,000		164,653
Southern California Edison Company
6.000%, 01/15/2034		326,000		346,145
TXU Corp., Series P
5.550%, 11/15/2014		26,000		18,974
Union Electric Company
6.400%, 06/15/2017		850,000		941,326
Wisconsin Energy Corp.
6.200%, 04/01/2033		138,000		145,327
Wisconsin Power and Light Company
5.000%, 07/15/2019		425,000		438,024

				9,646,827
Electronics - 0.11%
Avnet, Inc.
6.625%, 09/15/2016		200,000		216,357
Energy-Alternate Sources - 0.01%
Headwaters, Inc.
11.375%, 11/01/2014 (S)		10,000		10,100
Entertainment - 0.03%
AMC Entertainment, Inc.
8.750%, 06/01/2019		10,000		10,325
11.000%, 02/01/2016		15,000		16,088
Buffalo Thunder Development Authority
9.375%, 12/15/2014 (H)(S)		20,000		3,450
Peninsula Gaming LLC
8.375%, 08/15/2015 (S)		5,000		4,775
10.750%, 08/15/2017 (S)		5,000		4,875
Scientific Games International, Inc.
9.250%, 06/15/2019		5,000		5,288
Seneca Gaming Corp.
7.250%, 05/01/2012		10,000		9,750
Yonkers Racing Corp.
11.375%, 07/15/2016 (S)		5,000		5,275

				59,826
Environmental Control - 0.15%
Republic Services, Inc.
5.250%, 11/15/2021 (S)		160,000		161,759
Waste Management, Inc.
6.375%, 03/11/2015		125,000		141,276

				303,035
Food - 1.63%
ConAgra Foods, Inc.
5.819%, 06/15/2017		74,000		79,388
6.750%, 09/15/2011		5,000		5,411
General Mills, Inc.
5.200%, 03/17/2015		190,000		207,464
5.250%, 08/15/2013		440,000		480,772
5.650%, 02/15/2019		105,000		113,091
Kellogg Company
4.450%, 05/30/2016		400,000		421,355


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Food (continued)
Kraft Foods, Inc.
4.125%, 02/09/2016	$	305,000	$	310,672
6.125%, 02/01/2018		150,000		164,564
6.500%, 11/01/2031		266,000		275,413
6.875%, 02/01/2038		250,000		272,247
Kroger Company
6.750%, 04/15/2012		719,000		791,332
Smithfield Foods, Inc.
7.750%, 05/15/2013 to 07/01/2017		15,000		14,325
SUPERVALU, Inc.
8.000%, 05/01/2016		10,000		10,075
Tyson Foods, Inc.
7.850%, 04/01/2016		125,000		132,188
10.500%, 03/01/2014		5,000		5,813

				3,284,110
Forest Products & Paper - 0.21%
International Paper Company
7.300%, 11/15/2039		160,000		170,564
MeadWestvaco Corp.
7.375%, 09/01/2019		150,000		167,176
Neenah Paper, Inc.
7.375%, 11/15/2014		10,000		9,213
Weyerhaeuser Company
7.375%, 10/01/2019		35,000		37,305
7.950%, 03/15/2025		40,000		38,718

				422,976
Gas - 0.34%
Atmos Energy Corp.
6.350%, 06/15/2017		75,000		81,861
CenterPoint Energy, Inc.
6.500%, 05/01/2018		560,000		596,638

				678,499
Healthcare Products - 0.09%
Biomet, Inc.
10.000%, 10/15/2017		5,000		5,463
Boston Scientific Corp.
6.000%, 01/15/2020		160,000		159,498
Inverness Medical Innovations, Inc.
9.000%, 05/15/2016		10,000		10,050
Universal Hospital Services, Inc., PIK
8.500%, 06/01/2015		10,000		9,700

				184,711
Healthcare Services - 0.94%
Community Health Systems, Inc.
8.875%, 07/15/2015		10,000		10,350
Express Scripts, Inc.
6.250%, 06/15/2014		235,000		263,064
7.500%, 02/15/2019		30,000		35,981
HCA, Inc.
6.375%, 01/15/2015		15,000		14,100
HCA, Inc., PIK
9.625%, 11/15/2016		21,000		22,470
Quest Diagnostics, Inc.
5.450%, 11/01/2015		275,000		301,013
6.950%, 07/01/2037		390,000		441,722
Roche Holdings, Inc.
6.000%, 03/01/2019 (S)		475,000		525,375
Tenet Healthcare Corp.
8.875%, 07/01/2019 (S)		20,000		21,100
WellPoint, Inc.
7.000%, 02/15/2019		220,000		253,833

				1,889,008


The accompanying notes are an integral part of the financial statements.	142

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Home Builders - 0.13%
D.R. Horton, Inc.
7.875%, 08/15/2011	$	250,000	$	262,500
Household Products - 0.00%
ACCO Brands Corp.
7.625%, 08/15/2015		5,000		4,588
Insurance - 2.89%
ACE Capital Trust II
9.700%, 04/01/2030		248,000		287,583
ACE INA Holdings, Inc.
5.700%, 02/15/2017		100,000		107,358
5.875%, 06/15/2014		125,000		138,924
AIG SunAmerica Global Financing X
6.900%, 03/15/2032 (S)		100,000		93,882
Allied World Assurance Holdings, Ltd.
7.500%, 08/01/2016		145,000		157,685
AXA Equitable Life Insurance
7.700%, 12/01/2015 (S)		250,000		277,485
Everest Reinsurance Holdings, Inc.
6.600%, 05/15/2037		495,000		391,050
8.750%, 03/15/2010		294,000		294,495
Fidelity National Title Group, Inc.
7.300%, 08/15/2011		26,000		26,894
Hartford Financial Services Group, Inc.
8.125%, 06/15/2038 (P)		5,000		4,875
Jackson National Life Insurance Company
8.150%, 03/15/2027 (S)		377,000		386,436
Liberty Mutual Insurance Company
7.697%, 10/15/2097 (S)		925,000		810,826
Metlife, Inc.
5.375%, 12/15/2012		150,000		161,714
Metropolitan Life Global Funding I
5.125%, 04/10/2013 (S)		335,000		361,831
Nationwide Mutual Insurance Company
8.250%, 12/01/2031 (S)		260,000		260,207
Navigators Group, Inc.
7.000%, 05/01/2016		59,000		60,492
Ohio National Life Insurance Company
8.500%, 05/15/2026 (S)		155,000		129,184
Prudential Financial, Inc., MTN
4.750%, 09/17/2015		400,000		413,654
Prudential Financial, Inc., Series D
5.150%, 01/15/2013		355,000		377,955
Reinsurance Group of America, Inc.
6.750%, 12/15/2011		135,000		144,451
Sunamerica, Inc.
8.125%, 04/28/2023		135,000		137,601
Unitrin, Inc.
6.000%, 05/15/2017		350,000		330,168
UnumProvident Finance Company PLC
6.850%, 11/15/2015 (S)		125,000		133,822
W.R. Berkley Corp.
5.125%, 09/30/2010		54,000		54,608
5.600%, 05/15/2015		263,000		273,008

				5,816,188
Internet - 0.00%
Terremark Worldwide, Inc.
12.000%, 06/15/2017 (S)		5,000		5,488
Iron & Steel - 0.34%
ArcelorMittal
5.375%, 06/01/2013		150,000		159,442
6.125%, 06/01/2018		500,000		517,326

				676,768


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Leisure Time - 0.01%
Easton-Bell Sports, Inc.
9.750%, 12/01/2016	$	5,000	$	5,188
Royal Caribbean Cruises, Ltd.
11.875%, 07/15/2015		5,000		5,663

				10,851
Lodging - 0.01%
Harrah’s Operating Company, Inc.
11.250%, 06/01/2017		5,000		5,188
Wynn Las Vegas LLC
6.625%, 12/01/2014		9,000		8,708

				13,896
Machinery-Diversified - 0.01%
Case New Holland, Inc.
7.125%, 03/01/2014		10,000		10,000
CPM Holdings, Inc.
10.625%, 09/01/2014 (S)		10,000		10,600

				20,600
Media - 4.30%
British Sky Broadcasting Group PLC
5.625%, 10/15/2015 (S)		131,000		144,145
CBS Corp.
8.200%, 05/15/2014		335,000		386,909
Clear Channel Worldwide Holdings, Inc.
9.250%, 12/15/2017		5,000		5,138
Comcast Corp.
5.700%, 05/15/2018 to 07/01/2019		625,000		661,693
5.850%, 11/15/2015		600,000		668,548
COX Communications, Inc.
5.875%, 12/01/2016		350,000		381,579
7.125%, 10/01/2012		458,000		512,948
CSC Holdings, Inc.
7.625%, 07/15/2018		21,000		21,578
DirecTV Holdings LLC
4.750%, 10/01/2014 (S)		150,000		156,810
Grupo Televisa SA
6.625%, 01/15/2040 (S)		315,000		309,579
Liberty Media Corp.
8.250%, 02/01/2030		2,000		1,800
Mediacom Broadband LLC
8.500%, 10/15/2015		27,000		27,270
News America Holdings, Inc.
7.750%, 01/20/2024 (S)		453,000		539,281
9.250%, 02/01/2013		109,000		128,948
News America, Inc.
5.650%, 08/15/2020		55,000		58,852
6.900%, 03/01/2019		100,000		114,873
Nielsen Finance LLC, Steps up to 12.50%
on 08/01/11
maturing at 08/01/2016		5,000		4,525
Quebecor Media, Inc.
7.750%, 03/15/2016		20,000		20,051
Rogers Cable, Inc.
6.250%, 06/15/2013		130,000		143,879
Scholastic Corp.
5.000%, 04/15/2013		35,000		33,250
TCI Communications, Inc.
7.875%, 02/15/2026		150,000		172,736
8.750%, 08/01/2015		183,000		224,932
Thomson Reuters Corp
4.700%, 10/15/2019		575,000		581,944
Time Warner Cable, Inc.
5.850%, 05/01/2017		815,000		876,347
6.550%, 05/01/2037		150,000		155,630


The accompanying notes are an integral part of the financial statements.	143

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Media (continued)
Time Warner Cable, Inc. (continued)
6.750%, 06/15/2039	$	70,000	$	74,373
8.250%, 02/14/2014		140,000		166,229
Time Warner Companies, Inc.
7.250%, 10/15/2017		60,000		69,601
Time Warner, Inc.
6.750%, 04/15/2011		150,000		158,675
7.700%, 05/01/2032		602,000		709,116
Viacom, Inc.
6.125%, 10/05/2017		600,000		658,712
6.250%, 04/30/2016		252,000		281,599
6.625%, 05/15/2011		175,000		184,242

				8,635,792
Mining - 0.48%
Corporacion Nacional Del Cobre de
Chile - CODELCO
6.375%, 11/30/2012 (S)		165,000		182,545
Inco, Ltd.
5.700%, 10/15/2015		233,000		244,020
Novelis, Inc.
7.250%, 02/15/2015		3,000		2,783
Rio Tinto Alcan, Inc.
6.450%, 03/15/2011		59,000		61,667
Rio Tinto Finance USA, Ltd.
6.500%, 07/15/2018		425,000		479,173

				970,188
Miscellaneous Manufacturers - 0.44%
American Railcar Industries, Inc.
7.500%, 03/01/2014		5,000		4,850
General Electric Company
5.250%, 12/06/2017		735,000		771,313
Harland Clarke Holdings Corp.
9.500%, 05/15/2015		10,000		9,125
SPX Corp.
7.625%, 12/15/2014		10,000		10,225
Tyco International Group SA
6.750%, 02/15/2011		85,000		89,473

				884,986
Office & Business Equipment - 0.16%
Xerox Corp.
5.500%, 05/15/2012		170,000		180,972
6.400%, 03/15/2016		125,000		138,168

				319,140
Oil & Gas - 1.33%
Antero Resources Finance Corp.
9.375%, 12/01/2017		5,000		5,100
Burlington Resources Finance Company
7.400%, 12/01/2031		309,000		363,639
Canadian Natural Resources, Ltd.
5.150%, 02/01/2013		150,000		161,480
Chesapeake Energy Corp.
6.500%, 08/15/2017		20,000		19,000
6.625%, 01/15/2016		97,000		93,605
7.625%, 07/15/2013		10,000		10,425
ConocoPhillips
4.600%, 01/15/2015		330,000		356,216
EnCana Corp.
5.900%, 12/01/2017		450,000		492,531
Marathon Oil Corp.
6.500%, 02/15/2014		255,000		288,447
Motiva Enterprises LLC
5.200%, 09/15/2012 (S)		148,000		154,380


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Oil & Gas (continued)
Newfield Exploration Company
6.625%, 04/15/2016	$	10,000	$	9,925
Nexen, Inc.
7.500%, 07/30/2039		40,000		45,970
Petrobras International Finance Company
7.875%, 03/15/2019		135,000		155,473
Petroleum Export, Ltd.
5.265%, 06/15/2011		52,097		51,484
Pioneer Natural Resources Company
6.650%, 03/15/2017		85,000		83,629
6.875%, 05/01/2018		15,000		14,753
Plains Exploration & Production Company
7.750%, 06/15/2015		10,000		10,088
Pride International, Inc.
7.375%, 07/15/2014		5,000		5,138
Range Resources Corp.
7.500%, 05/15/2016		10,000		10,225
SandRidge Energy, Inc.
8.000%, 06/01/2018 (S)		5,000		4,788
Valero Energy Corp.
8.750%, 06/15/2030		162,000		189,308
XTO Energy, Inc.
6.750%, 08/01/2037		120,000		141,484

				2,667,088
Oil & Gas Services - 0.11%
Aquilex Holdings LLC
11.125%, 12/15/2016		5,000		5,225
Basic Energy Services, Inc.
11.625%, 08/01/2014		5,000		5,363
Halliburton Company
5.500%, 10/15/2010		192,000		198,174
Hornbeck Offshore Services, Inc.
8.000%, 09/01/2017		10,000		9,800

				218,562
Packaging & Containers - 0.14%
Pactiv Corp.
5.875%, 07/15/2012		135,000		144,957
Temple-Inland, Inc.
6.875%, 01/15/2018		125,000		129,846

				274,803
Pharmaceuticals - 1.09%
AmerisourceBergen Corp.
5.875%, 09/15/2015		670,000		743,051
Medco Health Solutions, Inc.
7.125%, 03/15/2018		135,000		154,362
Merck & Company, Inc.
4.000%, 06/30/2015		425,000		451,519
Novartis Securities Investment, Ltd.
5.125%, 02/10/2019		320,000		337,633
Omnicare, Inc.
6.875%, 12/15/2015		5,000		4,800
Pfizer, Inc.
6.200%, 03/15/2019		450,000		507,688

				2,199,053
Pipelines - 1.48%
CenterPoint Energy Resources Corp.
6.125%, 11/01/2017		125,000		132,682
Dynegy Holdings, Inc.
7.125%, 05/15/2018		15,000		11,550
El Paso Corp.
7.000%, 06/15/2017		10,000		10,031


The accompanying notes are an integral part of the financial statements.	144

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Pipelines (continued)
El Paso Natural Gas Company
5.950%, 04/15/2017	$	25,000	$	26,417
Enterprise Products Operating LLC
5.250%, 01/31/2020		365,000		373,764
Kinder Morgan Energy Partners LP
6.500%, 09/01/2039		300,000		311,701
6.850%, 02/15/2020		530,000		602,100
7.125%, 03/15/2012		208,000		229,394
NGPL PipeCo LLC
6.514%, 12/15/2012 (S)		675,000		744,007
Plains All American Pipeline LP
5.750%, 01/15/2020		150,000		156,412
TransCanada Pipelines, Ltd.
7.625%, 01/15/2039		310,000		382,677

				2,980,735
Real Estate - 2.53%
AMB Property LP
7.500%, 06/30/2018		106,000		115,824
AvalonBay Communities, Inc.
5.500%, 01/15/2012		79,000		83,338
Brandywine Operating Partnership
5.700%, 05/01/2017		335,000		315,596
Equity One, Inc.
6.000%, 09/15/2017		235,000		219,860
Federal Realty Investment Trust
5.650%, 06/01/2016		55,000		55,397
HCP, Inc.
5.650%, 12/15/2013		200,000		206,079
Health Care Property, Inc.
5.950%, 09/15/2011		150,000		157,264
6.000%, 03/01/2015		175,000		180,366
7.072%, 06/08/2015		67,000		70,030
Healthcare Realty Trust, Inc.
8.125%, 05/01/2011		377,000		399,562
Kimco Realty Corp.
5.584%, 11/23/2015		125,000		130,016
6.875%, 10/01/2019		300,000		321,475
Liberty Property LP
6.625%, 10/01/2017		100,000		102,253
7.250%, 03/15/2011		195,000		203,891
Realty Income Corp.
6.750%, 08/15/2019		550,000		561,125
Regency Centers LP
7.950%, 01/15/2011		319,000		333,874
Simon Property Group LP
5.300%, 05/30/2013		450,000		479,973
6.100%, 05/01/2016		150,000		160,788
United Dominion Realty Trust, Inc.
6.050%, 06/01/2013		200,000		210,194
Ventas Realty LP/Ventas Capital Corp.
6.625%, 10/15/2014		95,000		96,544
7.125%, 06/01/2015		3,000		3,090
WEA Finance LLC
5.400%, 10/01/2012		250,000		266,913
7.125%, 04/15/2018		250,000		274,352
7.500%, 06/02/2014		130,000		146,825

				5,094,629
Retail - 0.77%
CVS Pass-Through Trust
5.880%, 01/10/2028		327,848		325,740
6.943%, 01/10/2030		47,854		50,420
Dollar General Corp., PIK
11.875%, 07/15/2017		3,000		3,473


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Retail (continued)
Federated Department Stores, Inc.
6.900%, 04/01/2029	$	156,000	$	142,350
HSN, Inc.
11.250%, 08/01/2016		5,000		5,613
Macys Retail Holdings, Inc.
5.875%, 01/15/2013		494,000		506,968
Rite Aid Corp.
10.375%, 07/15/2016		15,000		15,713
Staples, Inc.
9.750%, 01/15/2014		395,000		482,975
The Neiman Marcus Group, Inc., PIK
9.000%, 10/15/2015		10,000		9,850

				1,543,102
Semiconductors - 0.01%
Freescale Semiconductor, Inc.
8.875%, 12/15/2014		15,000		13,313
Sensata Technologies B.V.
8.000%, 05/01/2014		10,000		10,050

				23,363
Software - 0.40%
First Data Corp.
9.875%, 09/24/2015		15,000		12,975
First Data Corp., PIK
10.550%, 09/24/2015		15,791		13,699
Fiserv, Inc.
6.125%, 11/20/2012		200,000		219,618
Intuit, Inc.
5.400%, 03/15/2012		75,000		80,069
Oracle Corp.
6.125%, 07/08/2039		450,000		478,401

				804,762
Telecommunications - 4.00%
Ameritech Capital Funding Corp.
6.450%, 01/15/2018		148,000		161,228
AT&T Wireless Services, Inc.
8.125%, 05/01/2012		56,000		63,388
8.750%, 03/01/2031		397,000		511,619
AT&T, Inc.
5.500%, 02/01/2018		180,000		191,087
5.625%, 06/15/2016		360,000		395,487
6.300%, 01/15/2038		675,000		687,449
Bellsouth Corp.
4.750%, 11/15/2012		302,000		323,583
British Telecommunications PLC
5.150%, 01/15/2013		350,000		370,797
9.125%, 12/15/2010		156,000		165,750
Cingular Wireless LLC
7.125%, 12/15/2031		67,000		74,947
Citizens Communications Company
7.125%, 03/15/2019		5,000		4,675
Cricket Communications, Inc.
9.375%, 11/01/2014		5,000		4,975
France Telecom SA
4.375%, 07/08/2014		200,000		212,440
GCI, Inc.
7.250%, 02/15/2014		15,000		14,925
Intelsat Jackson Holdings, Ltd.
8.500%, 11/01/2019 (S)		5,000		5,063
Intelsat Subsidiary Holding Company, Ltd.
8.875%, 01/15/2015 (S)		25,000		25,375
MetroPCS Wireless, Inc.
9.250%, 11/01/2014		10,000		9,975


The accompanying notes are an integral part of the financial statements.	145

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications (continued)
New Cingular Wireless Services, Inc.
7.875%, 03/01/2011	$	94,000	$	100,522
Qwest Corp.
7.500%, 10/01/2014		15,000		15,975
8.375%, 05/01/2016		135,000		147,825
Rogers Wireless, Inc.
9.625%, 05/01/2011		27,000		29,513
SBC Communications, Inc.
5.875%, 08/15/2012		150,000		164,524
Sorenson Communications, Inc.
10.500%, 02/01/2015		15,000		13,669
Sprint Nextel Corp.
6.000%, 12/01/2016		5,000		4,325
Telecom Italia Capital SA
5.250%, 11/15/2013		325,000		344,897
6.000%, 09/30/2034		146,000		133,267
6.200%, 07/18/2011		675,000		713,565
Telefonica Emisones SAU
7.045%, 06/20/2036		275,000		305,689
Telefonica Europe BV
7.750%, 09/15/2010		150,000		155,491
Verizon Communications, Inc.
5.550%, 02/15/2016		570,000		621,300
6.400%, 02/15/2038		365,000		382,109
6.900%, 04/15/2038		275,000		305,578
8.750%, 11/01/2021		285,000		357,079
Verizon Wireless Capital LLC
5.550%, 02/01/2014		595,000		655,363
Vodafone Group PLC
5.450%, 06/10/2019		350,000		365,156

				8,038,610
Tobacco - 0.95%
Alliance One International, Inc.
10.000%, 07/15/2016 (S)		10,000		10,400
Altria Group, Inc.
9.250%, 08/06/2019		125,000		154,832
9.700%, 11/10/2018		395,000		496,738
10.200%, 02/06/2039		200,000		270,674
Philip Morris International, Inc.
5.650%, 05/16/2018		800,000		864,743
Reynolds American, Inc.
7.250%, 06/01/2013		95,000		105,446

				1,902,833
Transportation - 0.01%
Marquette Transportation Finance
10.875%, 01/15/2017		5,000		5,031
Navios Maritime Holdings, Inc.
8.875%, 11/01/2017 (S)		10,000		10,175

				15,206

TOTAL CORPORATE BONDS (Cost $95,524,783)			$	99,339,280


CONVERTIBLE BONDS - 0.02%
Biotechnology - 0.00%
Amylin Pharmaceuticals, Inc.
3.000%, 06/15/2014		5,000		4,088
Commercial Services - 0.01%
Dollar Financial Corp.
3.000%, 04/01/2028		10,000		9,563
Telecommunications - 0.01%
Leap Wireless International, Inc.
4.500%, 07/15/2014		10,000		8,625


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CONVERTIBLE BONDS (continued)
Airlines - 0.00%
Continental Airlines, Inc.
4.500%, 01/15/2015	$	5,000	$	6,094
Auto Manufacturers - 0.00%
Ford Motor Company
4.250%, 11/15/2016		5,000		7,100

TOTAL CONVERTIBLE BONDS (Cost $30,737)			$	35,470


MUNICIPAL BONDS - 2.02%
California - 0.58%
Bay Area Toll Authority
6.263%, 04/01/2049		475,000		480,201
Los Angeles Unified School District
5.750%, 07/01/2034		425,000		397,367
University of California
5.770%, 05/15/2043		290,000		284,128

				1,161,696
Florida - 0.08%
Miami Beach Florida
Redevelopment Agency
8.950%, 12/01/2022		135,000		154,447
Illinois - 0.21%
Illinois State Toll Highway Authority
6.184%, 01/01/2034		415,000		429,405
Indiana - 0.01%
Indiana Bond Bank Revenue
5.020%, 01/15/2016		15,000		16,312
Maryland - 0.08%
Maryland State Transportation Authority
5.840%, 07/01/2011		40,000		42,685
5.888%, 07/01/2043		125,000		129,241

				171,926
Massachusetts - 0.20%
Massachusetts School Building Authority
5.715%, 08/15/2039		400,000		410,604
Missouri - 0.21%
Curators University Missouri System
Facilities Revenue
5.960%, 11/01/2039		400,000		417,612
New Jersey - 0.23%
Jersey City Municipal Utilities Authority
4.550%, 05/15/2012		20,000		20,408
New Jersey State Turnpike Authority
7.414%, 01/01/2040		380,000		451,763

				472,171
New York - 0.13%
Port Authority of New York & New Jersey
6.040%, 12/01/2029		180,000		185,238
Sales Tax Asset Receivable Corp., Series B
4.250%, 10/15/2011		65,000		68,502

				253,740
Texas - 0.29%
North Texas Tollway Authority
6.718%, 01/01/2049		535,000		577,495

TOTAL MUNICIPAL BONDS (Cost $3,903,243)			$	4,065,408


The accompanying notes are an integral part of the financial statements.	146

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS - 6.00%
American Tower Trust,
Series 2007-1A, Class AFX
5.420%, 04/15/2037 (S)	$	300,000	$	315,000
Banc of America Commercial
Mortgage, Series 2002-PB2,Class A4
6.186%, 06/11/2035		405,797		429,936
Bear Stearns Commercial Mortgage
Securities, Series 2003-T12, Class A4
4.680%, 08/13/2039		405,797		420,242
Bear Stearns Commercial Mortgage
Securities, Inc.
Series 2005-PWR9, Class A4A,
4.871%, 09/11/2042 (P)		560,000		566,642
Series 2007-T28, Class A4,
5.742%, 09/11/2042		145,000		149,253
Bear Stearns Commercial Mortgage
Securities, Series 2005-T20, Class A4A
5.149%, 10/12/2042		575,000		600,795
Citigroup/Deutsche Bank Commercial
Mortgage Trust,
Series 2007-CD4, Class A4
5.322%, 12/11/2049		750,000		678,604
Citigroup/Deutsche Bank Commercial
Mortgage Trust,
Series 2005-CD1, Class A4
5.225%, 07/15/2044 (P)		500,000		518,634
Commercial Mortgage Asset Trust,
Series 1999-C1, Class A3
6.640%, 01/17/2032		67,669		68,725
Commercial Mortgage Pass Through
Certificates, Series 2005-C6, Class A5A
5.116%, 06/10/2044 (P)		500,000		513,144
Credit Suisse Mortgage Capital
Certificates, Series 2006-C1, Class A4
5.548%, 02/15/2039		1,000,000		1,028,135
Credit Suisse Mortgage Capital
Certificates, Series 2006-C4, Class A3
5.467%, 09/15/2039		1,000,000		897,277
CS First Boston Mortgage Securities Corp,
Series 2003-C3, Class A5
3.936%, 05/15/2038		500,000		507,097
General Electric Capital Assurance
Company, Series 2003-1, Class A5
5.743%, 05/12/2035 (P)(S)		89,275		93,191
Government National Mortgage
Association, Series 2006-38, Class XS
7.018%, 09/16/2035 (P)		58,305		6,498
GS Mortgage Securities Corp. II,
Series 2006-GG6, Class A4
5.553%, 04/10/2038		1,000,000		982,706
JPMorgan Chase Commercial Mortgage
Securities Corp.
Series 2004-CBX, Class A6,
4.899%, 01/12/2037		315,000		310,228
Series 2005-LDP4, Class A4,
4.918%, 10/15/2042		940,000		953,357
LB-UBS Commercial Mortgage Trust,
Series 2001-C7, Class A3
5.642%, 12/15/2025		54,310		55,530
Merrill Lynch Mortgage Trust
Series 2005-CIP1, Class A4,
5.047%, 07/12/2038		500,000		511,007
Series 2006-C1, Class A4,
5.656%, 05/12/2039		500,000		512,863


Investment Quality Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Morgan Stanley Capital I,
Series 2007-HQ11, Class A4
5.447%, 02/12/2044	$	1,000,000	$	942,245
Morgan Stanley Dean Witter Capital I,
Series 2001, Class A4
6.390%, 07/15/2033		104,078		108,604
Morgan Stanley Dean Witter Capital I,
Series 2002-TOP7, Class A2
5.980%, 01/15/2039		40,579		43,115
Prudential Commercial Mortgage Trust
Series 2003-PWR1, Class A1,
3.669%, 02/11/2036		118,615		119,932
Series 2003-PWR1, Class A2,
4.493%, 02/11/2036		405,797		418,090
Wachovia Bank Commercial Mortgage
Trust, Series 2005-C20, Class A7
5.118%, 07/15/2042		310,000		318,010

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $11,790,040)			$	12,068,860


ASSET BACKED SECURITIES - 0.63%
AESOP Funding II LLC,
Series 2009-2A, Class A
5.680%, 02/20/2014 (S)		430,000		457,018
Chase Issuance Trust,
Series 2008-A4, Class A4
4.650%, 03/15/2015		345,000		372,101
Dominos Pizza Master Issuer LLC,
Series 2007-1, Class A2
5.261%, 04/25/2037 (S)		300,000		266,356
Massachusetts RRB Special Purpose Trust
Series 2001-1, Class A,
6.530%, 06/01/2015		51,256		55,976
Series 1999-1, Class A5,
7.030%, 03/15/2012		121,070		121,500

TOTAL ASSET BACKED SECURITIES (Cost $1,258,329)			$	1,272,951


PREFERRED STOCKS - 0.02%
Banks - 0.01%
Wells Fargo & Company, Series K (N)		20,000		20,100
Diversified Financials - 0.01%
BAC Capital Trust XI 6.625%		15,000		13,363
BAC Capital Trust XIV (N)		10,000		7,000

				20,363

TOTAL PREFERRED STOCKS (Cost $30,318)			$	40,463


SHORT-TERM INVESTMENTS - 7.81%
Repurchase Agreement - 7.81%
Bank of New York Tri-Party Repurchase
Agreement dated 02/26/2010 at 0.12% to
be repurchased at $15,700,157 on
03/01/2010, collateralized by
$15,605,225 Federal National Mortgage
Association, 4.50% due 01/01/2030
(valued at $16,014,001,
including interest)	$	15,700,000		15,700,000

TOTAL SHORT-TERM INVESTMENTS (Cost $15,700,000)			$	15,700,000

Total Investments (Investment Quality Bond Fund)
(Cost $192,634,716) - 99.92%			$	200,935,308
Other assets and liabilities, net - 0.08%				164,556

TOTAL NET ASSETS - 100.00%			$	201,099,864


The accompanying notes are an integral part of the financial statements.	147

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Large Cap Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 96.62%
Consumer Discretionary - 12.77%
Auto Components - 1.13%
BorgWarner, Inc. (I)(L)	81,538	$	3,054,413
Diversified Consumer Services - 0.71%
Apollo Group, Inc., Class A (I)	32,100		1,922,148
Hotels, Restaurants & Leisure - 1.50%
Carnival Corp. (L)	112,399		4,041,868
Household Durables - 1.47%
Fortune Brands, Inc.	90,400		3,962,232
Media - 6.57%
Comcast Corp., Class A	358,800		5,898,672
Interpublic Group of Companies, Inc. (I)	356,900		2,676,750
Omnicom Group, Inc.	80,950		2,964,389
Time Warner, Inc.	104,300		3,028,872
Viacom, Inc., Class B (I)	106,000		3,142,900

			17,711,583
Specialty Retail - 1.39%
Lowe’s Companies, Inc.	158,500		3,758,035

			34,450,279
Consumer Staples - 7.46%
Beverages - 2.02%
PepsiCo, Inc.	87,300		5,453,631
Food & Staples Retailing - 1.07%
The Kroger Company	130,200		2,877,420
Household Products - 2.98%
The Procter & Gamble Company	127,300		8,055,544
Personal Products - 1.39%
Avon Products, Inc.	123,300		3,753,252

			20,139,847
Energy - 12.30%
Energy Equipment & Services - 2.35%
Baker Hughes, Inc.	89,400		4,284,048
Noble Corp. (I)	48,500		2,049,610

			6,333,658
Oil, Gas & Consumable Fuels - 9.95%
Chevron Corp.	74,300		5,371,890
EOG Resources, Inc.	22,300		2,097,315
Exxon Mobil Corp. (L)	116,800		7,592,000
Hess Corp.	54,500		3,204,600
Marathon Oil Corp.	94,900		2,747,355
Peabody Energy Corp.	49,800		2,289,306
Ultra Petroleum Corp. (I)	77,600		3,548,648

			26,851,114

			33,184,772
Financials - 12.88%
Commercial Banks - 2.46%
Wells Fargo & Company	242,578		6,632,083
Diversified Financial Services - 6.78%
Bank of America Corp.	319,100		5,316,206
JPMorgan Chase & Company	164,800		6,916,656
Morgan Stanley	97,313		2,742,280
The Bank of New York Mellon Corp.	116,168		3,313,111

			18,288,253
Insurance - 3.64%
ACE, Ltd.	44,000		2,199,560
Aflac, Inc.	86,600		4,282,370


Large Cap Fund (continued)
	Shares or
	Principal
	Amount		Value

COMMON STOCKS (continued)
Insurance (continued)
Principal Financial Group, Inc.	144,000	$	3,342,240

			9,824,170

			34,744,506
Health Care - 13.55%
Biotechnology - 1.96%
Amgen, Inc. (I)	54,200		3,068,262
Genzyme Corp. (I)	38,502		2,202,314

			5,270,576
Health Care Equipment & Supplies - 4.22%
Covidien PLC	138,600		6,808,032
Medtronic, Inc.	105,334		4,571,496

			11,379,528
Health Care Providers & Services - 1.22%
UnitedHealth Group, Inc.	97,400		3,297,964
Life Sciences Tools & Services - 0.76%
Millipore Corp. (I)	21,800		2,058,138
Pharmaceuticals - 5.39%
Allergan, Inc.	67,726		3,957,230
Merck & Company, Inc.	113,900		4,200,632
Pfizer, Inc.	364,000		6,388,200

			14,546,062

			36,552,268
Industrials - 11.78%
Aerospace & Defense - 3.31%
General Dynamics Corp.	83,500		6,057,925
Raytheon Company	50,900		2,862,616

			8,920,541
Air Freight & Logistics - 2.36%
FedEx Corp.	74,983		6,355,559
Airlines - 0.96%
Southwest Airlines Company	206,000		2,591,480
Machinery - 4.42%
Illinois Tool Works, Inc.	105,848		4,818,201
PACCAR, Inc. (L)	118,400		4,185,440
Pall Corp.	74,400		2,936,568

			11,940,209
Road & Rail - 0.73%
Ryder Systems, Inc.	55,700		1,965,653

			31,773,442
Information Technology - 16.39%
Communications Equipment - 0.79%
QUALCOMM, Inc.	58,000		2,128,020
Computers & Peripherals - 5.32%
Apple, Inc. (I)	29,900		6,118,138
Hewlett-Packard Company	110,400		5,607,216
Seagate Technology (I)	132,800		2,644,048

			14,369,402
Semiconductors & Semiconductor Equipment - 3.58%
Applied Materials, Inc.	132,500		1,621,800
Broadcom Corp., Class A	99,900		3,128,868
Intersil Corp.	89,000		1,320,760
Marvell Technology Group, Ltd. (I)	123,700		2,389,884
National Semiconductor Corp.	82,600		1,196,048

			9,657,360


The accompanying notes are an integral part of the financial statements.	148

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Large Cap Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Software - 6.70%
Autodesk, Inc. (I)		126,500	$	3,526,820
Intuit, Inc. (I)		57,500		1,860,700
Microsoft Corp.		289,500		8,297,070
VMware, Inc., Class A (I)(L)		88,855		4,399,211

				18,083,801

				44,238,583
Materials - 2.23%
Chemicals - 1.01%
Monsanto Company		38,500		2,720,025
Containers & Packaging - 1.22%
Ball Corp. (L)		61,200		3,307,248

				6,027,273
Telecommunication Services - 1.99%
Diversified Telecommunication Services - 1.99%
AT&T, Inc.		216,400		5,368,884
Utilities - 5.27%
Electric Utilities - 5.09%
American Electric Power Company, Inc.		141,443		4,755,314
Exelon Corp.		118,713		5,140,274
FirstEnergy Corp.		75,600		2,921,940
Pepco Holdings, Inc.		54,781		921,416

				13,738,944
Independent Power Producers & Energy Traders - 0.18%
Dynegy, Inc., Class A (I)		323,300		484,950

				14,223,894

TOTAL COMMON STOCKS (Cost $234,889,685)			$	260,703,748


INVESTMENT COMPANIES - 1.64%
Investment Companies - 1.64%
SPDR Trust Series 1		40,000		4,430,400

TOTAL INVESTMENT COMPANIES (Cost $4,404,328)			$	4,430,400


SHORT-TERM INVESTMENTS - 10.07%
Repurchase Agreement - 2.00%
Repurchase Agreement with State Street Corp.
dated 02/26/2010 at 0.010% to be
repurchased at $5,402,005 on 03/01/2010,
collateralized by $5,325,000 Federal
National Mortgage Association, 5.80% due
02/09/2026 (valued at $5,511,375,
including interest)	$	5,402,000		5,402,000
Securities Lending Collateral - 8.07%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		2,175,448		21,776,453

TOTAL SHORT-TERM INVESTMENTS (Cost $27,176,503)			$	27,178,453

Total Investments (Large Cap Fund)
(Cost $266,470,516) - 108.33%			$	292,312,601
Other assets and liabilities, net - (8.33%)				(22,486,871)

TOTAL NET ASSETS - 100.00%			$	269,825,730


Large Cap Value Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 98.58%
Consumer Discretionary - 3.73%
Media - 0.64%
Viacom, Inc., Class B (I)	123,000	$	3,646,950
Multiline Retail - 1.18%
Big Lots, Inc. (I)	201,000		6,733,500
Specialty Retail - 1.91%
AutoNation, Inc. (I)(L)	125,000		2,218,750
Limited Brands, Inc. (L)	275,000		6,080,250
Signet Jewelers, Ltd. (I)	35,000		1,008,350
The Gap, Inc.	73,000		1,569,500

			10,876,850

			21,257,300
Consumer Staples - 4.89%
Food Products - 1.77%
Del Monte Foods Company	478,000		5,602,160
General Mills, Inc.	11,000		792,110
Sara Lee Corp.	272,000		3,688,320

			10,082,590
Household Products - 1.00%
Kimberly-Clark Corp.	94,000		5,709,560
Tobacco - 2.12%
Lorillard, Inc.	73,000		5,331,920
Reynolds American, Inc.	128,000		6,758,400

			12,090,320

			27,882,470
Energy - 20.85%
Energy Equipment & Services - 8.76%
Atwood Oceanics, Inc. (I)	163,000		5,453,980
Helix Energy Solutions Group, Inc (I)	149,000		1,714,990
Nabors Industries, Ltd. (I)	283,000		6,237,320
National Oilwell Varco, Inc.	166,000		7,216,020
Oil States International, Inc. (I)	166,000		7,141,320
Pride International, Inc. (I)	222,000		6,211,560
Rowan Companies, Inc. (I)	243,000		6,322,860
SEACOR Holdings, Inc. (I)	52,000		3,971,760
Tidewater, Inc. (L)	127,000		5,660,390

			49,930,200
Oil, Gas & Consumable Fuels - 12.09%
Cabot Corp.	127,000		3,690,620
Chevron Corp.	68,000		4,916,400
ConocoPhillips	267,000		12,816,000
El Paso Corp.	125,000		1,308,750
Exxon Mobil Corp. (L)	205,000		13,325,000
Marathon Oil Corp.	260,000		7,527,000
Southern Union Company	222,000		5,314,680
Tesoro Corp. (L)	403,000		4,803,760
The Williams Companies, Inc.	325,000		7,000,500
XTO Energy, Inc.	179,000		8,180,300

			68,883,010

			118,813,210
Financials - 12.45%
Diversified Financial Services - 2.86%
JPMorgan Chase & Company	109,000		4,574,730
The Goldman Sachs Group, Inc.	75,000		11,726,250

			16,300,980
Insurance - 9.59%
Allied World Assurance
Company Holdings, Ltd.	116,000		5,347,600


The accompanying notes are an integral part of the financial statements.	149

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Large Cap Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Insurance (continued)
American Financial Group, Inc.	245,000	$	6,338,150
Axis Capital Holdings, Ltd.	20,000		629,000
Chubb Corp.	20,000		1,009,200
Endurance Specialty Holdings, Ltd.	106,000		4,076,760
Everest Re Group, Ltd.	74,000		6,321,080
HCC Insurance Holdings, Inc.	196,000		5,468,400
Loews Corp.	17,000		619,820
PartnerRe, Ltd.	59,000		4,696,990
RenaissanceRe Holdings, Ltd.	118,000		6,532,480
The Travelers Companies, Inc.	173,000		9,098,070
Unum Group (L)	216,000		4,494,960

			54,632,510

			70,933,490
Health Care - 16.86%
Biotechnology - 0.92%
Amgen, Inc. (I)	92,000		5,208,120
Health Care Equipment & Supplies - 0.96%
Kinetic Concepts, Inc. (I)	131,000		5,491,520
Health Care Providers & Services - 11.34%
AmerisourceBergen Corp.	209,000		5,860,360
Cardinal Health, Inc.	217,000		7,371,490
Community Health Systems, Inc. (I)(L)	161,000		5,517,470
Coventry Health Care, Inc. (I)	247,000		5,725,460
Humana, Inc. (I)	149,000		7,052,170
Lincare Holdings, Inc. (I)(L)	154,000		6,184,640
McKesson Corp.	110,000		6,506,500
UnitedHealth Group, Inc.	310,000		10,496,600
WellPoint, Inc. (I)	160,000		9,899,200

			64,613,890
Pharmaceuticals - 3.64%
Endo Pharmaceutical Holdings, Inc. (I)	292,000		6,643,000
Forest Laboratories, Inc. (I)	220,000		6,573,600
Pfizer, Inc.	197,000		3,457,350
Watson Pharmaceuticals, Inc. (I)	102,000		4,058,580

			20,732,530

			96,046,060
Industrials - 13.79%
Aerospace & Defense - 3.27%
L-3 Communications Holdings, Inc.	61,000		5,576,620
Northrop Grumman Corp.	132,000		8,086,320
Raytheon Company	88,000		4,949,120

			18,612,060
Commercial Services & Supplies - 1.00%
R.R. Donnelley & Sons Company	286,000		5,688,540
Construction & Engineering - 1.27%
KBR, Inc.	314,000		6,502,940
URS Corp. (I)	16,000		744,000

			7,246,940
Electrical Equipment - 0.70%
Hubbell, Inc.	13,000		609,050
Thomas & Betts Corp. (I)	93,000		3,357,300

			3,966,350
Industrial Conglomerates - 1.43%
Carlisle Companies, Inc.	51,000		1,749,300
General Electric Company	398,000		6,391,880

			8,141,180
Machinery - 4.45%
Dover Corp.	39,000		1,765,140


Large Cap Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Machinery (continued)
Eaton Corp.	103,000	$	7,016,360
Harsco Corp.	17,000		510,340
Parker-Hannifin Corp.	116,000		6,995,960
SPX Corp.	79,000		4,699,710
Timken Company	167,000		4,380,410

			25,367,920
Professional Services - 1.01%
Manpower, Inc.	112,000		5,770,240
Road & Rail - 0.66%
Ryder Systems, Inc.	107,000		3,776,030

			78,569,260
Information Technology - 5.20%
Computers & Peripherals - 0.91%
Western Digital Corp. (I)	134,000		5,176,420
Electronic Equipment, Instruments & Components - 0.96%
Tech Data Corp. (I)	128,000		5,483,520
IT Services - 2.32%
Amdocs, Ltd. (I)	90,000		2,617,200
Broadridge Financial Solutions, Inc.	142,000		2,987,680
Computer Sciences Corp. (I)	125,000		6,473,750
DST Systems, Inc.	30,000		1,152,900

			13,231,530
Software - 1.01%
CA, Inc.	255,000		5,737,500

			29,628,970
Materials - 10.43%
Chemicals - 5.11%
Cytec Industries, Inc.	30,000		1,280,100
Eastman Chemical Company	101,000		6,014,550
Huntsman Corp.	432,000		5,931,360
Lubrizol Corp.	82,000		6,478,820
PPG Industries, Inc. (L)	113,000		6,954,020
RPM International, Inc.	128,000		2,464,000

			29,122,850
Containers & Packaging - 1.93%
Bemis Company, Inc.	108,000		3,161,160
Pactiv Corp. (I)	216,000		5,348,160
Sealed Air Corp.	37,000		755,910
Temple-Inland, Inc.	93,000		1,731,660

			10,996,890
Metals & Mining - 1.20%
Freeport-McMoRan Copper & Gold, Inc.	91,000		6,839,560
Paper & Forest Products - 2.19%
International Paper Company	293,000		6,788,810
MeadWestvaco Corp.	247,000		5,666,180

			12,454,990

			59,414,290
Telecommunication Services - 3.46%
Diversified Telecommunication Services - 3.46%
AT&T, Inc.	256,000		6,351,360
Verizon Communications, Inc.	462,000		13,365,660

			19,717,020

			19,717,020
Utilities - 6.92%
Electric Utilities - 0.68%
Edison International	119,000		3,882,970


The accompanying notes are an integral part of the financial statements.	150

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Large Cap Value Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Gas Utilities - 1.31%
Atmos Energy Corp.		97,000	$	2,663,620
ONEOK, Inc.		14,000		620,620
UGI Corp.		166,000		4,158,300

				7,442,540
Independent Power Producers & Energy Traders - 2.73%
Mirant Corp. (I)		388,000		4,881,040
NRG Energy, Inc. (I)		256,000		5,591,040
The AES Corp. (I)		435,000		5,085,150

				15,557,230
Multi-Utilities - 2.20%
DTE Energy Company		147,000		6,382,740
NiSource, Inc.		412,000		6,188,240

				12,570,980

				39,453,720

TOTAL COMMON STOCKS (Cost $518,697,775)			$	561,715,790


SHORT-TERM INVESTMENTS - 6.23%
Repurchase Agreement - 1.20%
Repurchase Agreement with State Street Corp.
dated 2/26/2010 at 0.01% to be repurchased
at $6,857,006 on 3/1/2010, collateralized by
$6,970,000 Federal Home Loan Bank,
1.32% due 3/9/2012 (valued at $6,996,138,
including interest)	$	6,857,000		6,857,000
Securities Lending Collateral - 5.03%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)		2,864,581		28,674,739

TOTAL SHORT-TERM INVESTMENTS (Cost $35,520,753)			$	35,531,739

Total Investments (Large Cap Value Fund)
(Cost $554,218,528) - 104.81%			$	597,247,529
Other assets and liabilities, net - (4.81%)				(27,419,695)

TOTAL NET ASSETS - 100.00%			$	569,827,834


Mid Cap Index Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 97.00%
Consumer Discretionary - 13.98%
Auto Components - 0.75%
BorgWarner, Inc. (I)(L)	70,559	$	2,643,140
Gentex Corp.	83,313		1,617,105

			4,260,245
Automobiles - 0.13%
Thor Industries, Inc.	21,447		727,697
Distributors - 0.29%
LKQ Corp. (I)	85,469		1,636,731
Diversified Consumer Services - 1.86%
Brink’s Home Security Holdings, Inc. (I)	27,685		1,158,617
Career Education Corp. (I)(L)	42,363		1,178,539
Corinthian Colleges, Inc. (I)(L)	52,946		858,784
ITT Educational Services, Inc. (I)(L)	18,758		2,045,372
Matthews International Corp., Class A	18,333		614,522
Regis Corp.	34,517		570,566
Service Corp. International	153,156		1,234,437
Sotheby’s (L)	40,436		982,595


Mid Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Diversified Consumer Services (continued)
Strayer Education, Inc. (L)	8,468	$	1,920,796

			10,564,228
Hotels, Restaurants & Leisure - 2.21%
Bally Technologies, Inc. (I)	33,000		1,366,530
Bob Evans Farms, Inc.	18,748		534,505
Boyd Gaming Corp. (I)(L)	33,316		254,534
Brinker International, Inc.	61,941		1,121,752
Burger King Holdings, Inc.	55,569		994,129
Chipotle Mexican Grill, Inc., Class A (I)	19,157		2,005,929
International Speedway Corp., Class A	18,513		494,482
Life Time Fitness, Inc. (I)(L)	25,020		634,507
Panera Bread Company (I)(L)	19,051		1,386,722
Scientific Games Corp. (I)	39,258		663,068
The Cheesecake Factory, Inc. (I)	36,410		861,097
Wendy’s/Arby’s Group, Inc., Class A	218,289		1,065,250
WMS Industries, Inc. (I)	31,937		1,211,370

			12,593,875
Household Durables - 1.79%
American Greetings Corp., Class A	23,857		454,953
KB Home (L)	44,717		727,993
M.D.C. Holdings, Inc.	22,713		777,239
Mohawk Industries, Inc. (I)	33,935		1,750,367
NVR, Inc. (I)(L)	3,589		2,542,089
Ryland Group, Inc.	26,487		600,990
Toll Brothers, Inc. (I)(L)	82,879		1,560,612
Tupperware Brands Corp.	38,418		1,795,273

			10,209,516
Internet & Catalog Retail - 0.30%
Netflix, Inc. (I)(L)	26,092		1,723,377
Media - 0.84%
Dreamworks Animation SKG, Inc. (I)	45,625		1,982,863
Harte-Hanks, Inc.	23,056		274,136
John Wiley & Sons, Inc.	25,859		1,085,561
Lamar Advertising Company (I)	32,207		968,787
Scholastic Corp.	15,417		453,260

			4,764,607
Multiline Retail - 0.72%
99 Cents Only Stores (I)	27,479		453,404
Dollar Tree, Inc. (I)	53,349		2,973,673
Saks, Inc. (I)(L)	96,453		673,242

			4,100,319
Specialty Retail - 4.01%
Aaron, Inc., Class B (L)	32,817		973,680
Advance Auto Parts, Inc.	57,199		2,333,719
Aeropostale, Inc. (I)(L)	39,932		1,411,996
American Eagle Outfitters, Inc.	125,586		2,118,636
AnnTaylor Stores Corp. (I)(L)	35,494		610,852
Barnes & Noble, Inc. (L)	23,951		480,697
CarMax, Inc. (I)(L)	134,081		2,707,095
Chico’s FAS, Inc.	107,579		1,457,695
Coldwater Creek, Inc. (I)	35,050		181,910
Collective Brands, Inc. (I)	38,753		875,818
Dick’s Sporting Goods, Inc. (I)	54,029		1,314,526
Foot Locker, Inc.	94,544		1,226,236
Guess?, Inc.	35,086		1,431,158
J. Crew Group, Inc. (I)(L)	33,820		1,423,146
PetSmart, Inc.	74,690		2,033,062
Rent-A-Center, Inc. (I)	39,957		888,644
Williams-Sonoma, Inc. (L)	63,908		1,371,466

			22,840,336


The accompanying notes are an integral part of the financial statements.	151

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Textiles, Apparel & Luxury Goods - 1.08%
Fossil, Inc. (I)	29,043	$	1,052,809
Hanesbrands, Inc. (I)	57,512		1,491,286
Phillips-Van Heusen Corp.	31,216		1,358,520
The Warnaco Group, Inc. (I)	27,512		1,148,351
Timberland Company, Class A (I)	26,763		494,848
Under Armour, Inc., Class A (I)(L)	22,743		592,683

			6,138,497

			79,559,428
Consumer Staples - 3.91%
Beverages - 0.31%
Hansen Natural Corp. (I)	43,080		1,792,128
Food & Staples Retailing - 0.34%
BJ’s Wholesale Club, Inc. (I)(L)	33,658		1,217,410
Ruddick Corp.	24,661		722,567

			1,939,977
Food Products - 1.64%
Corn Products International, Inc.	45,245		1,474,082
Flowers Foods, Inc. (L)	46,721		1,190,918
Green Mountain Coffee Roasters, Inc. (I)(L)	21,110		1,781,473
Lancaster Colony Corp.	11,749		676,037
Ralcorp Holdings, Inc. (I)	34,275		2,289,913
Smithfield Foods, Inc. (I)(L)	85,124		1,464,984
Tootsie Roll Industries, Inc. (L)	15,837		430,925

			9,308,332
Household Products - 0.93%
Church & Dwight Company, Inc.	42,519		2,856,426
Energizer Holdings, Inc. (I)	42,169		2,443,694

			5,300,120
Personal Products - 0.55%
Alberto-Culver Company	51,611		1,430,657
NBTY, Inc. (I)	37,399		1,697,915

			3,128,572
Tobacco - 0.14%
Universal Corp.	14,920		791,506

			22,260,635
Energy - 6.49%
Energy Equipment & Services - 2.19%
Atwood Oceanics, Inc. (I)	34,181		1,143,696
Exterran Holdings, Inc. (I)	37,788		859,677
Helix Energy Solutions Group, Inc (I)	55,485		638,632
Oceaneering International, Inc. (I)	33,173		2,005,308
Patterson-UTI Energy, Inc. (L)	92,844		1,433,511
Pride International, Inc. (I)	105,484		2,951,442
Superior Energy Services, Inc. (I)	47,285		977,381
Tidewater, Inc. (L)	31,254		1,392,991
Unit Corp. (I)	24,414		1,061,277

			12,463,915
Oil, Gas & Consumable Fuels - 4.30%
Arch Coal, Inc.	98,186		2,208,203
Bill Barrett Corp. (I)	23,365		792,307
Cabot Corp.	39,486		1,147,463
Cimarex Energy Company	50,478		3,016,565
Comstock Resources, Inc. (I)	28,180		972,774
Encore Acquisition Company (I)	33,572		1,662,821
Forest Oil Corp. (I)	67,863		1,839,087
Frontier Oil Corp.	63,262		783,816
Mariner Energy, Inc. (I)	61,516		923,970
Newfield Exploration Company (I)	80,311		4,101,483
Overseas Shipholding Group, Inc. (L)	14,128		628,555


Mid Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Patriot Coal Corp. (I)(L)	45,314	$	754,931
Plains Exploration & Production Company (I)	84,198		2,762,536
Quicksilver Resources, Inc. (I)(L)	71,561		1,067,690
Southern Union Company	74,993		1,795,332

			24,457,533

			36,921,448
Financials - 18.99%
Commercial Banks - 3.57%
Associated Banc Corp. (L)	100,858		1,302,077
BancorpSouth, Inc. (L)	44,387		864,215
Bank of Hawaii Corp.	28,976		1,223,077
Cathay General Bancorp	37,373		363,639
City National Corp. (L)	26,150		1,305,408
Commerce Bancshares, Inc.	44,087		1,785,964
Cullen/Frost Bankers, Inc. (L)	36,230		1,961,855
FirstMerit Corp.	51,888		1,096,912
Fulton Financial Corp.	106,541		1,024,924
International Bancshares Corp. (L)	31,347		664,556
PacWest Bancorp (L)	17,999		365,380
Prosperity Bancshares, Inc.	28,400		1,187,972
SVB Financial Group (I)	24,787		1,104,509
Synovus Financial Corp. (L)	290,364		827,537
TCF Financial Corp. (L)	67,732		978,050
Trustmark Corp. (L)	33,808		770,822
Valley National Bancorp (L)	89,360		1,286,784
Webster Financial Corp.	38,876		622,016
WestAmerica Bancorp (L)	17,654		968,852
Wilmington Trust Corp.	41,942		604,804

			20,309,353
Consumer Finance - 0.23%
AmeriCredit Corp. (I)(L)	58,061		1,291,857
Diversified Financial Services - 2.37%
Affiliated Managers Group, Inc. (I)(L)	25,419		1,808,053
Apollo Investment Corp.	105,305		1,227,856
Eaton Vance Corp. (L)	70,998		2,143,430
Jefferies Group, Inc. (L)	72,177		1,801,538
MSCI, Inc. (I)	62,544		1,875,069
Raymond James Financial, Inc. (L)	59,688		1,543,532
SEI Investments Company	78,288		1,379,435
Waddell & Reed Financial, Inc.	51,581		1,695,983

			13,474,896
Insurance - 4.24%
American Financial Group, Inc.	47,771		1,235,836
Arthur J. Gallagher & Company	61,532		1,460,154
Brown & Brown, Inc.	71,256		1,195,676
Everest Re Group, Ltd.	36,497		3,117,574
Fidelity National Financial, Inc., Class A	139,262		1,984,484
First American Corp.	60,767		1,958,520
Hanover Insurance Group, Inc.	30,242		1,274,700
HCC Insurance Holdings, Inc.	67,999		1,897,172
Horace Mann Educators Corp.	23,684		318,313
Mercury General Corp.	21,518		883,529
Old Republic International Corp.	145,461		1,642,255
Protective Life Corp.	51,728		949,726
Reinsurance Group of America, Inc.	44,003		2,091,463
StanCorp Financial Group, Inc.	29,706		1,276,764
Unitrin, Inc.	30,153		728,496
W.R. Berkley Corp.	81,617		2,100,822

			24,115,484
Real Estate Investment Trusts - 6.86%
Alexandria Real Estate Equities, Inc. (L)	26,701		1,645,316


The accompanying notes are an integral part of the financial statements.	152

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Real Estate Investment Trusts (continued)
AMB Property Corp.	88,433	$	2,152,459
BRE Properties, Inc.	32,846		1,107,239
Camden Property Trust	38,790		1,553,540
Corporate Office Properties Trust	35,208		1,296,711
Cousins Properties, Inc.	60,314		433,658
Duke Realty Corp.	135,395		1,502,885
Equity One, Inc. (L)	19,864		366,888
Essex Property Trust, Inc. (L)	17,600		1,511,840
Federal Realty Investment Trust (L)	36,984		2,550,417
Highwoods Properties, Inc.	42,963		1,248,075
Hospitality Properties Trust	74,576		1,638,435
Liberty Property Trust	68,066		2,105,281
Macerich Company (L)	58,302		2,077,883
Mack-Cali Realty Corp.	47,538		1,594,425
Nationwide Health Properties, Inc.	67,836		2,251,477
OMEGA Healthcare Investors, Inc.	51,446		975,931
Potlatch Corp. (L)	24,040		793,801
Rayonier, Inc. (L)	48,031		1,996,649
Realty Income Corp. (L)	63,035		1,764,980
Regency Centers Corp. (L)	48,546		1,683,090
Senior Housing Properties Trust	76,992		1,600,664
SL Green Realty Corp. (L)	46,677		2,383,328
UDR, Inc.	92,371		1,551,833
Weingarten Realty Investors (L)	62,993		1,297,026

			39,083,831
Real Estate Management & Development - 0.28%
Jones Lang LaSalle, Inc.	25,286		1,610,465
Thrifts & Mortgage Finance - 1.44%
Astoria Financial Corp.	49,274		653,866
First Niagara Financial Group, Inc.	113,756		1,597,134
New York Community Bancorp, Inc. (L)	251,350		3,893,412
NewAlliance Bancshares, Inc.	64,104		767,966
Washington Federal, Inc.	67,860		1,322,591

			8,234,969

			108,120,855
Health Care - 12.09%
Biotechnology - 1.35%
OSI Pharmaceuticals, Inc. (I)(L)	35,086		1,298,884
United Therapeutics Corp. (I)	28,638		1,644,108
Vertex Pharmaceuticals, Inc. (I)	116,469		4,729,806

			7,672,798
Health Care Equipment & Supplies - 3.90%
Beckman Coulter, Inc.	41,906		2,747,357
Edwards Lifesciences Corp. (I)	34,193		3,139,943
Gen-Probe, Inc. (I)	29,670		1,337,524
Hill-Rom Holdings, Inc. (L)	37,881		993,997
Hologic, Inc. (I)	155,924		2,689,689
IDEXX Laboratories, Inc. (I)(L)	35,415		1,870,266
Immucor, Inc. (I)	42,393		819,457
Kinetic Concepts, Inc. (I)(L)	37,455		1,570,114
Masimo Corp. (L)	31,392		869,244
ResMed, Inc. (I)(L)	45,308		2,586,181
STERIS Corp.	35,497		1,122,060
Teleflex, Inc.	24,013		1,463,352
Thoratec Corp. (I)(L)	34,374		991,690

			22,200,874
Health Care Providers & Services - 3.20%
Community Health Systems, Inc. (I)(L)	56,174		1,925,083
Health Management Associates, Inc. (I)	150,135		1,094,484
Health Net, Inc. (I)	62,822		1,450,560
Henry Schein, Inc. (I)(L)	54,692		3,108,146


Mid Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Providers & Services (continued)
Kindred Healthcare, Inc. (I)	23,620	$	411,460
LifePoint Hospitals, Inc. (I)	33,106		1,009,733
Lincare Holdings, Inc. (I)(L)	41,176		1,653,628
Omnicare, Inc. (L)	72,132		1,952,613
Owens & Minor, Inc.	25,305		1,129,868
Psychiatric Solutions, Inc. (I)(L)	33,999		729,279
Universal Health Services, Inc., Class B	59,477		1,844,977
VCA Antech, Inc. (I)	51,666		1,230,684
WellCare Health Plans, Inc. (I)	25,579		682,959

			18,223,474
Health Care Technology - 0.60%
Cerner Corp. (I)(L)	40,954		3,397,134
Life Sciences Tools & Services - 1.93%
Affymetrix, Inc. (I)	42,951		313,972
Bio-Rad Laboratories, Inc. (I)	11,634		1,086,499
Charles River Laboratories
International, Inc. (I)	39,831		1,510,392
Covance, Inc. (I)(L)	38,702		2,191,307
Mettler-Toledo International, Inc. (I)	20,400		2,027,964
Pharmaceutical Product Development	71,421		1,504,126
Techne Corp.	22,514		1,439,095
Varian, Inc. (I)	17,471		902,901

			10,976,256
Pharmaceuticals - 1.11%
Endo Pharmaceutical Holdings, Inc. (I)	70,876		1,612,429
Medicis Pharmaceutical Corp., Class A	35,955		808,988
Perrigo Company	48,627		2,410,440
Valeant Pharmaceuticals International (I)(L)	40,805		1,518,762

			6,350,619

			68,821,155
Industrials - 13.90%
Aerospace & Defense - 0.56%
Alliant Techsystems, Inc. (I)(L)	19,903		1,581,293
BE Aerospace, Inc. (I)	61,101		1,582,516

			3,163,809
Airlines - 0.31%
Airtran Holdings, Inc. (I)(L)	81,330		392,011
Alaska Air Group, Inc. (I)	21,310		745,850
JetBlue Airways Corp. (I)(L)	124,599		657,883

			1,795,744
Building Products - 0.22%
Lennox International, Inc.	29,434		1,242,115
Commercial Services & Supplies - 1.56%
Brinks Company	28,927		737,060
Clean Harbors, Inc. (I)	13,789		783,767
Copart, Inc. (I)	40,658		1,450,677
Corrections Corp. of America (I)	69,809		1,493,913
Deluxe Corp.	30,950		555,553
Herman Miller, Inc.	33,782		614,832
HNI Corp. (L)	27,222		647,067
Mine Safety Appliances Company	18,260		463,621
Rollins, Inc.	26,340		559,725
Waste Connections, Inc. (I)	47,568		1,599,236

			8,905,451
Construction & Engineering - 1.50%
Aecom Technology Corp. (I)	68,067		1,844,616
Granite Construction, Inc. (L)	20,329		561,690
KBR, Inc.	96,926		2,007,337
Shaw Group, Inc. (I)	50,579		1,755,091


The accompanying notes are an integral part of the financial statements.	153

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Construction & Engineering (continued)
URS Corp. (I)	50,725	$	2,358,713

			8,527,447
Electrical Equipment - 1.34%
AMETEK, Inc.	65,182		2,544,705
Hubbell, Inc.	35,708		1,672,920
Regal-Beloit Corp. (L)	22,263		1,256,078
Thomas & Betts Corp. (I)	31,654		1,142,709
Woodward Governor Company	34,295		987,353

			7,603,765
Industrial Conglomerates - 0.22%
Carlisle Companies, Inc.	37,032		1,270,198
Machinery - 5.24%
AGCO Corp. (I)(L)	55,882		1,913,959
Bucyrus International, Inc.	45,414		2,841,100
Crane Company	28,281		895,659
Donaldson Company, Inc.	46,710		1,927,255
Federal Signal Corp.	29,468		226,020
Graco, Inc.	36,249		993,585
Harsco Corp.	48,546		1,457,351
IDEX Corp.	48,855		1,514,505
Joy Global, Inc.	61,847		3,141,828
Kennametal, Inc.	49,202		1,281,712
Lincoln Electric Holdings, Inc.	25,706		1,226,176
Nordson Corp.	20,307		1,336,201
Oshkosh Corp. (I)	54,075		2,061,339
Pentair, Inc.	59,441		1,935,399
SPX Corp.	29,794		1,772,445
Terex Corp. (I)	65,340		1,272,170
Timken Company	48,001		1,259,066
Trinity Industries, Inc. (L)	47,920		806,494
Valmont Industries, Inc.	12,071		859,455
Wabtec Corp. (L)	28,751		1,096,563

			29,818,282
Marine - 0.33%
Alexander & Baldwin, Inc.	24,807		798,289
Kirby Corp. (I)(L)	32,527		1,073,716

			1,872,005
Professional Services - 1.06%
Corporate Executive Board Company	20,635		472,129
FTI Consulting, Inc. (I)(L)	31,318		1,150,623
Korn/Ferry International (I)	27,600		471,408
Manpower, Inc.	47,422		2,443,181
Navigant Consulting Company (I)	30,222		351,482
Towers Watson & Company	25,778		1,138,614

			6,027,437
Road & Rail - 1.17%
Con-way, Inc. (L)	29,753		966,675
J.B. Hunt Transport Services, Inc.	53,024		1,881,292
Kansas City Southern (I)(L)	58,029		1,990,395
Landstar System, Inc.	30,727		1,225,700
Werner Enterprises, Inc. (L)	26,461		590,345

			6,654,407
Trading Companies & Distributors - 0.39%
GATX Corp.	27,865		742,602
MSC Industrial Direct Company,
Inc., Class A (L)	26,578		1,211,159
United Rentals, Inc. (I)	36,358		274,503

			2,228,264

			79,108,924


Mid Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Information Technology - 14.44%
Communications Equipment - 1.87%
3Com Corp. (I)	237,042	$	1,808,630
ADC Telecommunications, Inc. (I)	58,405		370,288
ADTRAN, Inc. (L)	33,806		790,384
Ciena Corp. (I)(L)	55,327		793,389
CommScope, Inc. (I)	56,690		1,445,028
F5 Networks, Inc. (I)	47,915		2,673,657
Palm, Inc. (I)(L)	99,932		609,585
Plantronics, Inc.	29,695		844,229
Polycom, Inc. (I)	51,011		1,331,897

			10,667,087
Computers & Peripherals - 0.42%
Diebold, Inc.	40,080		1,160,717
NCR Corp. (I)	96,227		1,214,385

			2,375,102
Electronic Equipment, Instruments & Components - 2.36%
Arrow Electronics, Inc. (I)	72,397		2,042,319
Avnet, Inc. (I)	91,436		2,524,548
Ingram Micro, Inc., Class A (I)	98,898		1,750,495
Itron, Inc. (I)	24,253		1,623,738
National Instruments Corp.	34,297		1,084,471
Tech Data Corp. (I)	30,756		1,317,587
Trimble Navigation, Ltd. (I)	72,756		1,954,954
Vishay Intertechnology, Inc. (I)(L)	112,810		1,156,303

			13,454,415
Internet Software & Services - 0.87%
AOL, Inc. (I)	65,148		1,614,367
Digital River, Inc. (I)	23,358		614,082
Equinix, Inc. (I)(L)	23,563		2,225,997
ValueClick, Inc. (I)	51,780		491,392

			4,945,838
IT Services - 2.71%
Acxiom Corp. (I)	47,786		805,672
Alliance Data Systems Corp. (I)(L)	31,591		1,751,405
Broadridge Financial Solutions, Inc.	82,726		1,740,555
Convergys Corp. (I)	74,328		917,208
DST Systems, Inc. (I)	23,742		912,405
Gartner Group, Inc., Class A (I)	36,386		865,623
Global Payments, Inc.	48,983		2,096,962
Hewitt Associates, Inc. (I)	50,300		1,910,897
Lender Processing Services, Inc.	57,914		2,211,157
ManTech International Corp. (I)	13,452		664,260
NeuStar, Inc., Class A (I)	44,951		1,041,964
SRA International, Inc., Class A (I)	26,040		496,322

			15,414,430
Office Electronics - 0.18%
Zebra Technologies Corp., Class A (I)	35,546		1,015,549
Semiconductors & Semiconductor Equipment - 2.45%
Atmel Corp. (I)	274,229		1,236,773
Cree, Inc. (I)(L)	62,640		4,248,871
Fairchild Semiconductor International, Inc. (I)	74,910		773,071
Integrated Device Technology, Inc. (I)	100,356		548,947
International Rectifier Corp. (I)(L)	43,082		871,549
Intersil Corp.	74,155		1,100,460
Lam Research Corp. (I)	76,915		2,608,188
RF Micro Devices, Inc. (I)	162,088		682,390
Semtech Corp. (I)	37,270		591,475
Silicon Laboratories, Inc. (I)	27,605		1,254,371

			13,916,095


The accompanying notes are an integral part of the financial statements.	154

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Software - 3.58%
ACI Worldwide, Inc. (I)	20,558	$	374,978
Advent Software, Inc. (I)	9,466		381,669
ANSYS, Inc. (I)	53,614		2,351,510
Cadence Design Systems, Inc. (I)	162,454		925,988
FactSet Research Systems, Inc. (L)	25,447		1,684,591
Fair Isaac Corp.	29,122		668,641
Informatica Corp. (I)	54,067		1,379,790
Jack Henry & Associates, Inc.	51,190		1,155,870
Mentor Graphics Corp. (I)	59,419		494,366
MICROS Systems, Inc. (I)(L)	48,160		1,446,726
Parametric Technology Corp. (I)	71,253		1,240,515
Quest Software, Inc. (I)	37,688		635,043
Rovi Corp. (I)	62,286		2,086,581
Solera Holdings, Inc.	42,087		1,437,692
Sybase, Inc. (I)(L)	49,281		2,187,584
Synopsys, Inc. (I)	88,092		1,929,215

			20,380,759

			82,169,275
Materials - 6.21%
Chemicals - 3.21%
Albemarle Corp.	55,415		2,077,508
Ashland, Inc.	45,282		2,131,877
Cytec Industries, Inc.	29,387		1,253,943
Intrepid Potash, Inc. (I)(L)	24,380		670,938
Lubrizol Corp.	41,263		3,260,190
Minerals Technologies, Inc.	11,323		552,902
Olin Corp.	47,469		831,182
RPM International, Inc.	78,047		1,502,405
Sensient Technologies Corp.	29,579		781,477
Terra Industries, Inc.	60,339		2,484,157
The Scotts Miracle-Gro Company, Class A	27,245		1,063,917
Valspar Corp.	60,945		1,667,455

			18,277,951
Construction Materials - 0.38%
Martin Marietta Materials, Inc. (L)	26,980		2,137,356
Containers & Packaging - 1.41%
AptarGroup, Inc.	40,850		1,573,951
Greif, Inc., Class A	20,721		1,061,744
Packaging Corp. of America	62,248		1,481,502
Silgan Holdings, Inc.	16,175		923,754
Sonoco Products Company	60,452		1,788,170
Temple-Inland, Inc.	64,613		1,203,094

			8,032,215
Metals & Mining - 1.11%
Carpenter Technology Corp.	26,619		795,110
Commercial Metals Company	68,079		1,116,496
Reliance Steel & Aluminum Company	38,677		1,714,938
Steel Dynamics, Inc.	130,333		2,128,338
Worthington Industries, Inc.	36,828		583,356

			6,338,238
Paper & Forest Products - 0.10%
Louisiana-Pacific Corp. (I)(L)	75,280		572,881

			35,358,641
Telecommunication Services - 0.75%
Diversified Telecommunication Services - 0.32%
Cincinnati Bell, Inc. (I)	122,687		363,154
TW Telecom, Inc. (I)	90,329		1,435,328

			1,798,482


Mid Cap Index Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Wireless Telecommunication Services - 0.43%
Syniverse Holdings, Inc. (I)		41,957	$	705,717
Telephone & Data Systems, Inc.		56,588		1,766,111

				2,471,828

				4,270,310
Utilities - 6.24%
Electric Utilities - 1.76%
Cleco Corp.		36,557		922,699
DPL, Inc.		72,391		1,921,257
Great Plains Energy, Inc.		81,795		1,456,769
Hawaiian Electric Industries, Inc. (L)		55,644		1,133,468
IDACORP, Inc.		28,802		951,330
NV Energy, Inc.		141,853		1,575,987
PNM Resources, Inc.		52,388		640,181
Westar Energy, Inc.		65,902		1,410,303

				10,011,994
Gas Utilities - 2.30%
AGL Resources, Inc.		46,783		1,699,626
Atmos Energy Corp.		55,971		1,536,964
Energen Corp.		43,370		1,971,600
National Fuel Gas Company		48,694		2,422,040
ONEOK, Inc.		63,763		2,826,614
UGI Corp.		65,752		1,647,088
WGL Holdings, Inc.		30,307		995,585

				13,099,517
Independent Power Producers & Energy Traders - 0.08%
Dynegy, Inc., Class A (I)		304,922		457,383
Multi-Utilities - 1.85%
Alliant Energy Corp.		66,871		2,115,130
Black Hills Corp.		23,492		654,722
MDU Resources Group, Inc.		113,483		2,319,587
NSTAR		64,559		2,183,385
OGE Energy Corp.		58,504		2,138,906
Vectren Corp.		49,050		1,140,413

				10,552,143
Water Utilities - 0.25%
Aqua America, Inc. (L)		82,368		1,410,140

				35,531,177

TOTAL COMMON STOCKS (Cost $500,245,714)			$	552,121,848


SHORT-TERM INVESTMENTS - 24.15%
*Short-Term Securities - 2.38%**
Federal Home Loan Bank Discount Notes,
0.010%, 03/01/2010	$	5,760,000		5,760,000
Federal National Mortgage Association
Discount Notes, 0.420%, 12/01/2010		7,819,000		7,793,914

				13,553,914

SECURITIES LENDING COLLATERAL - 21.77%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*	$	12,378,081		123,905,824

TOTAL SHORT-TERM INVESTMENTS (Cost $137,413,217)			$	137,459,738

Total Investments (Mid Cap Index Fund)
(Cost $637,658,931) - 121.15%			$	689,581,586
Other assets and liabilities, net - (21.15%)				(120,400,947)

TOTAL NET ASSETS - 100.00%			$	569,180,639


The accompanying notes are an integral part of the financial statements.	155

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Cap Stock Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 96.24%
Consumer Discretionary - 22.77%
Auto Components - 0.66%
Gentex Corp.	275,000	$	5,337,749
Hotels, Restaurants & Leisure - 2.10%
MGM Mirage, Inc. (I)(L)	761,584		8,027,095
The Cheesecake Factory, Inc. (I)	376,100		8,894,765

			16,921,860
Household Durables - 5.70%
D.R. Horton, Inc. (L)	742,200		9,173,592
Jarden Corp.	473,968		15,195,414
MRV Engenharia e Participacoes SA	1,055,000		7,647,677
Pulte Group, Inc. (I)	324,700		3,516,501
Tempur-Pedic International, Inc. (I)	363,041		10,310,364

			45,843,548
Leisure Equipment & Products - 0.90%
Pool Corp. (L)	360,370		7,200,193
Media - 2.51%
Dreamworks Animation SKG, Inc. (I)	231,339		10,053,993
Focus Media Holding, Ltd., ADR (I)(L)	656,900		10,135,967

			20,189,960
Specialty Retail - 6.64%
Advance Auto Parts, Inc.	303,100		12,366,480
Dick’s Sporting Goods, Inc. (I)	295,400		7,187,082
Penske Auto Group, Inc. (I)	399,276		5,809,466
Staples, Inc. (L)	305,200		7,861,952
Urban Outfitters, Inc. (I)	341,900		11,012,599
Williams-Sonoma, Inc.	425,570		9,132,732

			53,370,311
Textiles, Apparel & Luxury Goods - 4.26%
Coach, Inc. (L)	220,300		8,027,732
Hanesbrands, Inc. (I)	622,400		16,138,832
The Warnaco Group, Inc. (I)	241,700		10,088,558

			34,255,122

			183,118,743
Consumer Staples - 1.34%
Food Products - 1.34%
Green Mountain Coffee Roasters, Inc. (I)(L)	127,600		10,768,164
Energy - 4.16%
Energy Equipment & Services - 1.11%
Baker Hughes, Inc.	185,200		8,874,784
Oil, Gas & Consumable Fuels - 3.05%
Frontline, Ltd. (L)	256,350		6,908,633
Karoon Gas Australia, Ltd. (I)	289,643		1,835,313
Massey Energy Company	106,700		4,595,569
Peabody Energy Corp.	81,800		3,760,346
Valero Energy Corp.	425,400		7,453,008

			24,552,869

			33,427,653
Financials - 5.12%
Diversified Financial Services - 3.81%
Ameriprise Financial, Inc.	304,500		12,189,135
Great American Group, Inc. (I)	984,000		2,952,000
Invesco, Ltd.	340,600		6,675,760
Waddell & Reed Financial, Inc.	269,000		8,844,720

			30,661,615
Insurance - 1.31%
Genworth Financial, Inc., Class A (I)	605,000		9,643,700


Mid Cap Stock Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Insurance (continued)
Pearl Group, Ltd. (I)(L)	102,114	$	889,522

			10,533,222

			41,194,837
Health Care - 12.39%
Biotechnology - 1.01%
Alkermes, Inc. (I)	228,001		2,612,891
Amylin Pharmaceuticals, Inc. (I)(L)	167,467		3,165,126
Regeneron Pharmaceuticals, Inc. (I)	94,800		2,318,808

			8,096,825
Health Care Equipment & Supplies - 3.38%
Beckman Coulter, Inc.	101,900		6,680,564
Edwards Lifesciences Corp. (I)	64,400		5,913,852
Hologic, Inc. (I)	583,600		10,067,100
Intuitive Surgical, Inc. (I)(L)	13,100		4,547,534

			27,209,050
Health Care Providers & Services - 2.69%
Coventry Health Care, Inc. (I)(L)	319,800		7,412,964
Humana, Inc. (I)	178,100		8,429,473
Lincare Holdings, Inc. (I)(L)	144,513		5,803,642

			21,646,079
Health Care Technology - 1.49%
SXC Health Solutions Corp. (I)	241,173		11,988,710
Pharmaceuticals - 3.82%
Auxilium Pharmaceuticals, Inc. (I)(L)	279,400		8,437,880
Daiichi Sankyo Company, Ltd. (I)	147,400		2,981,646
Mylan, Inc. (I)	144,500		3,083,630
Shionogi & Company, Ltd. (I)	372,400		7,603,568
Watson Pharmaceuticals, Inc. (I)	217,080		8,637,613

			30,744,337

			99,685,001
Industrials - 14.55%
Aerospace & Defense - 1.77%
BE Aerospace, Inc. (I)	488,394		12,649,405
Rockwell Collins, Inc.	29,000		1,632,120

			14,281,525
Air Freight & Logistics - 1.04%
Expeditors International of Washington, Inc.	230,000		8,388,100
Airlines - 1.86%
JetBlue Airways Corp. (I)(L)	1,220,200		6,442,656
US Airways Group, Inc. (I)(L)	1,162,400		8,520,392

			14,963,048
Building Products - 2.22%
Lennox International, Inc.	150,200		6,338,440
Masco Corp. (L)	861,581		11,519,338

			17,857,778
Commercial Services & Supplies - 1.35%
Corrections Corp. of America (I)	507,550		10,861,570
Electrical Equipment - 0.76%
Regal-Beloit Corp. (L)	108,200		6,104,644
Machinery - 3.68%
Illinois Tool Works, Inc.	192,300		8,753,496
Ingersoll-Rand PLC	442,500		14,120,175
Kennametal, Inc.	257,600		6,710,480

			29,584,151
Road & Rail - 1.87%
J.B. Hunt Transport Services, Inc.	205,400		7,287,592


The accompanying notes are an integral part of the financial statements.	156

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Cap Stock Fund (continued)
	Shares or
	Principal
	Amount		Value
��

COMMON STOCKS (continued)
Road & Rail (continued)
Localiza Rent A Car (I)	709,200	$	7,731,090

			15,018,682

			117,059,498
Information Technology - 29.62%
Communications Equipment - 2.84%
Juniper Networks, Inc. (I)	258,100		7,221,638
Polycom, Inc. (I)	180,500		4,712,855
Riverbed Technology, Inc. (I)(L)	400,800		10,921,800

			22,856,293
Computers & Peripherals - 4.67%
NetApp, Inc. (I)	245,300		7,361,453
SanDisk Corp. (I)	387,000		11,273,310
Seagate Technology (I)	948,600		18,886,626

			37,521,389
Electronic Equipment, Instruments & Components - 2.35%
Jabil Circuit, Inc.	479,400		7,272,498
Sanmina-SCI Corp. (I)	180,800		2,990,432
Trimble Navigation, Ltd. (I)	319,800		8,593,026

			18,855,956
Internet Software & Services - 3.91%
Equinix, Inc. (I)(L)	95,200		8,993,544
GSI Commerce, Inc. (I)	59,700		1,490,709
Rackspace Hosting, Inc. (I)(L)	382,800		7,590,924
VistaPrint NV (I)(L)	232,180		13,401,430

			31,476,607
IT Services - 1.66%
Cognizant Technology Solutions
Corp., Class A (I)	173,200		8,336,116
Genpact, Ltd. (I)	332,700		5,020,443

			13,356,559
Semiconductors & Semiconductor Equipment - 9.34%
Atheros Communications, Inc. (I)(L)	352,900		12,665,581
Broadcom Corp., Class A	316,100		9,900,252
Cypress Semiconductor Corp. (I)(L)	682,400		8,079,616
Marvell Technology Group, Ltd. (I)	603,300		11,655,756
Maxim Integrated Products, Inc.	473,300		8,765,516
RF Micro Devices, Inc. (I)	1,534,860		6,461,761
Skyworks Solutions, Inc. (I)(L)	753,300		11,502,891
TriQuint Semiconductor, Inc. (I)	849,200		6,105,748

			75,137,121
Software - 4.85%
Adobe Systems, Inc. (I)	200,600		6,950,790
BMC Software, Inc. (I)	178,200		6,564,888
Concur Technologies, Inc. (I)(L)	191,600		7,537,544
McAfee, Inc. (I)	138,090		5,480,792
Red Hat, Inc. (I)	283,500		7,952,175
Rovi Corp. (I)	135,300		4,532,550

			39,018,739

			238,222,664
Materials - 5.32%
Chemicals - 2.45%
CF Industries Holdings, Inc.	86,900		9,232,256
Huabao International Holdings, Ltd. (I)	3,901,000		3,929,267
Intrepid Potash, Inc. (I)(L)	237,400		6,533,248

			19,694,771
Construction Materials - 0.97%
Eagle Materials, Inc. (L)	329,900		7,782,341


Mid Cap Stock Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Metals & Mining - 1.90%
Cliffs Natural Resources, Inc. (L)		149,600	$	8,437,440
Steel Dynamics, Inc.		421,600		6,884,728

				15,322,168

				42,799,280
Telecommunication Services - 0.97%
Wireless Telecommunication Services - 0.97%
American Tower Corp., Class A (I)		182,425		7,782,251

TOTAL COMMON STOCKS (Cost $640,154,181)			$	774,058,091


SHORT-TERM INVESTMENTS - 23.34%
Repurchase Agreement - 4.28%
Deutche Bank Repurchase Agreement date
02/26/2010 at 0.12% to be repurchased at
$34,400,344 on 03/01/2010, collateralized
by $35,181,467 Federal National Mortgage
Association, 4.50% due 09/01/2039 (valued
at $35,088,001, including interest)	$	34,400,000		34,400,000
Securities Lending Collateral - 19.06%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)(Y)		15,314,788		153,302,558

TOTAL SHORT-TERM INVESTMENTS (Cost $187,664,587)			$	187,702,558

Total Investments (Mid Cap Stock Fund)
(Cost $827,818,768) - 119.58%			$	961,760,649
Other assets and liabilities, net - (19.58%)				(157,459,138)

TOTAL NET ASSETS - 100.00%			$	804,301,511


Mid Cap Value Equity Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 95.99%
Consumer Discretionary - 9.78%
Auto Components - 0.84%
The Goodyear Tire & Rubber Company (I)	117,481	$	1,526,078
Automobiles - 0.18%
Ford Motor Company (I)	27,048		317,544
Distributors - 0.47%
Genuine Parts Company (L)	21,094		851,354
Hotels, Restaurants & Leisure - 0.65%
Penn National Gaming, Inc. (I)	24,847		574,960
Royal Caribbean Cruises, Ltd. (I)(L)	21,171		598,504

			1,173,464
Household Durables - 1.60%
D.R. Horton, Inc. (L)	59,509		735,531
KB Home (L)	21,931		357,037
Mohawk Industries, Inc. (I)	19,924		1,027,680
Pulte Group, Inc. (I)	72,932		789,854

			2,910,102
Leisure Equipment & Products - 0.87%
Hasbro, Inc.	44,133		1,579,079
Media - 1.71%
National CineMedia, Inc.	90,717		1,459,637
Regal Entertainment Group	110,342		1,648,509

			3,108,146


The accompanying notes are an integral part of the financial statements.	157

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Cap Value Equity Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Multiline Retail - 1.27%
Macy’s, Inc. (L)	119,788	$	2,293,940
Specialty Retail - 1.15%
Abercrombie & Fitch Company, Class A	38,771		1,412,040
Bed Bath & Beyond, Inc. (I)	16,167		672,709

			2,084,749
Textiles, Apparel & Luxury Goods - 1.04%
VF Corp.	24,457		1,892,483

			17,736,939
Consumer Staples - 2.71%
Tobacco - 2.71%
Lorillard, Inc.	67,318		4,916,907
Energy - 8.67%
Energy Equipment & Services - 2.63%
Cameron International Corp. (I)	22,545		927,276
Noble Corp. (I)	32,824		1,387,142
Smith International, Inc.	43,238		1,772,326
Transocean, Ltd. (I)	8,609		687,170

			4,773,914
Oil, Gas & Consumable Fuels - 6.04%
Alpha Natural Resources, Inc. (I)	30,236		1,391,158
El Paso Corp.	76,470		800,641
Enbridge, Inc.	84,092		3,723,594
Newfield Exploration Company (I)	25,619		1,308,362
Pioneer Natural Resources Company	24,824		1,158,040
Southwestern Energy Company (I)	17,254		734,158
Sunoco, Inc.	21,432		565,162
Ultra Petroleum Corp. (I)	11,041		504,905
Valero Energy Corp.	43,736		766,255

			10,952,275

			15,726,189
Financials - 18.22%
Diversified Financial Services - 1.56%
Artio Global Investors, Inc.	18,669		455,150
Invesco, Ltd.	86,775		1,700,790
PICO Holdings, Inc. (I)	19,541		665,176

			2,821,116
Insurance - 11.71%
Aon Corp.	25,383		1,039,180
Arch Capital Group, Ltd. (I)	8,972		663,749
Assurant, Inc.	54,024		1,648,812
Axis Capital Holdings, Ltd.	57,367		1,804,192
Everest Re Group, Ltd.	36,977		3,158,575
Lincoln National Corp.	65,721		1,654,855
PartnerRe, Ltd.	42,118		3,353,014
Transatlantic Holdings, Inc.	19,644		976,307
Willis Group Holdings PLC	42,498		1,265,590
XL Capital, Ltd.	310,563		5,673,986

			21,238,260
Real Estate Investment Trusts - 4.46%
AvalonBay Communities, Inc. (L)	16,280		1,325,518
Boston Properties, Inc.	9,793		665,238
Equity Residential	50,862		1,835,101
Pebblebrook Hotel Trust (I)	19,858		402,323
ProLogis (L)	75,951		979,008
Rayonier, Inc. (L)	38,780		1,612,082
Ventas, Inc.	28,439		1,256,719

			8,075,989


Mid Cap Value Equity Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Real Estate Management & Development - 0.49%
The St. Joe Company (I)(L)	32,485	$	893,338

			33,028,703
Health Care - 8.27%
Health Care Equipment & Supplies - 1.02%
Hospira, Inc. (I)	35,350		1,849,866
Health Care Providers & Services - 0.39%
Universal Health Services, Inc., Class B	22,853		708,900
Life Sciences Tools & Services - 1.80%
Covance, Inc. (I)(L)	28,412		1,608,687
Life Technologies Corp. (I)	32,594		1,654,471

			3,263,158
Pharmaceuticals - 5.06%
Forest Laboratories, Inc. (I)	65,083		1,944,680
King Pharmaceuticals, Inc. (I)	117,189		1,318,376
Mylan, Inc. (I)(L)	276,597		5,902,580

			9,165,636

			14,987,560
Industrials - 19.35%
Aerospace & Defense - 1.16%
Goodrich Corp.	31,956		2,097,272
Airlines - 1.96%
AMR Corp. (I)	47,732		438,657
Continental Airlines, Inc. (I)(L)	38,429		793,943
Delta Air Lines, Inc. (I)	99,067		1,279,946
UAL Corp. (I)(L)	28,045		480,972
US Airways Group, Inc. (I)(L)	77,602		568,823

			3,562,341
Commercial Services & Supplies - 0.93%
Ritchie Brothers Auctioneers, Inc. (L)	80,050		1,678,649
Construction & Engineering - 2.36%
Chicago Bridge & Iron Company NV (I)(L)	51,702		1,121,416
Fluor Corp.	17,145		733,806
Foster Wheeler AG (I)	30,998		762,861
Insituform Technologies, Inc., Class A (I)	10,513		258,199
Jacobs Engineering Group, Inc. (I)	18,418		714,618
KBR, Inc.	33,284		689,312

			4,280,212
Electrical Equipment - 4.10%
A.O. Smith Corp.	29,605		1,341,107
Cooper Industries PLC	105,501		4,785,525
Rockwell Automation, Inc.	24,354		1,317,308

			7,443,940
Industrial Conglomerates - 0.75%
McDermott International, Inc. (I)	59,236		1,353,543
Machinery - 5.49%
AGCO Corp. (I)	31,762		1,087,849
Eaton Corp.	48,450		3,300,414
Ingersoll-Rand PLC (L)	48,628		1,551,719
Parker-Hannifin Corp.	25,424		1,533,321
Stanley Works (L)	25,349		1,451,230
The Manitowoc Company, Inc. (L)	88,584		1,032,889

			9,957,422
Road & Rail - 1.88%
CSX Corp.	29,669		1,408,091
Kansas City Southern (I)(L)	58,196		1,996,123

			3,404,214


The accompanying notes are an integral part of the financial statements.	158

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Cap Value Equity Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Trading Companies & Distributors - 0.72%
W.W. Grainger, Inc.	12,862	$	1,307,422

			35,085,015
Information Technology - 10.08%
Communications Equipment - 1.06%
Brocade Communications Systems, Inc. (I)	329,862		1,919,797
Electronic Equipment, Instruments & Components - 2.32%
Agilent Technologies, Inc. (I)	61,089		1,921,860
Avnet, Inc. (I)	19,653		542,619
Celestica, Inc. (I)	169,672		1,737,441

			4,201,920
IT Services - 0.57%
Computer Sciences Corp. (I)	19,905		1,030,880
Semiconductors & Semiconductor Equipment - 2.85%
LSI Corp. (I)	448,754		2,418,784
Maxim Integrated Products, Inc.	105,500		1,953,860
Microchip Technology, Inc. (L)	29,708		803,898

			5,176,542
Software - 3.28%
Adobe Systems, Inc. (I)	42,049		1,456,998
Autodesk, Inc. (I)	63,272		1,764,023
BMC Software, Inc. (I)	48,187		1,775,209
Check Point Software Technologies, Ltd. (I)	29,141		949,997

			5,946,227

			18,275,366
Materials - 8.94%
Chemicals - 4.85%
Agrium, Inc. (L)	20,102		1,301,605
Eastman Chemical Company	50,018		2,978,572
Lubrizol Corp.	30,368		2,399,376
PPG Industries, Inc. (L)	34,529		2,124,915

			8,804,468
Construction Materials - 0.58%
Cemex SAB de CV, SADR (I)	109,469		1,046,524
Metals & Mining - 3.51%
Freeport-McMoRan Copper & Gold, Inc.	30,619		2,301,324
Nucor Corp.	37,582		1,555,895
Steel Dynamics, Inc.	59,484		971,374
United States Steel Corp. (L)	28,927		1,531,395

			6,359,988

			16,210,980
Telecommunication Services - 3.66%
Diversified Telecommunication Services - 3.33%
CenturyTel, Inc.	67,207		2,303,184
Qwest Communications International, Inc. (L)	541,605		2,469,719
Windstream Corp.	125,003		1,266,280

			6,039,183
Wireless Telecommunication Services - 0.33%
Sprint Nextel Corp. (I)	179,996		599,387

			6,638,570
Utilities - 6.31%
Electric Utilities - 2.23%
Allegheny Energy, Inc.	64,492		1,460,744
Pepco Holdings, Inc.	113,162		1,903,385
Pinnacle West Capital Corp.	18,445		671,582

			4,035,711


Mid Cap Value Equity Fund (continued)
	Shares or
	Principal
	Amount		Value

COMMON STOCKS (continued)
Gas Utilities - 1.11%
EQT Corp.	21,696	$	949,417
Questar Corp.	25,205		1,058,358

			2,007,775
Multi-Utilities - 2.97%
DTE Energy Company	28,394		1,232,867
Sempra Energy	48,009		2,360,603
Wisconsin Energy Corp.	37,183		1,800,773

			5,394,243

			11,437,729

TOTAL COMMON STOCKS (Cost $138,990,437)		$	174,043,958

CONVERTIBLE BONDS - 0.54%
Consumer Discretionary - 0.36%
Automobiles - 0.36%
Ford Motor Company
4.250%, 11/15/2016	467,000		663,140
Telecommunication Services - 0.18%
Diversified Telecommunication Services - 0.18%
Qwest Communications International, Inc.
3.500%, 11/15/2025	302,000		319,365

TOTAL CONVERTIBLE BONDS (Cost $875,455)		$	982,505

SHORT-TERM INVESTMENTS - 18.44%
*Short-Term Securities - 3.25%**
BNP Paribas Finance, Inc. 0.00%, 03/01/2010 $	5,900,000		5,900,000
Securities Lending Collateral - 15.19%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*	2,751,334		27,541,126

TOTAL SHORT-TERM INVESTMENTS (Cost $33,429,838)		$	33,441,126

Total Investments (Mid Cap Value Equity Fund)
(Cost $173,295,730) - 114.97%		$	208,467,589
Other assets and liabilities, net - (14.97%)			(27,138,694)

TOTAL NET ASSETS - 100.00%		$	181,328,895


Mid Value Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 91.57%
Consumer Discretionary - 16.73%
Auto Components - 1.28%
BorgWarner, Inc. (I)(L)	90,200	$	3,378,891
TRW Automotive Holdings Corp. (I)	33,900		910,893

			4,289,784
Diversified Consumer Services - 2.50%
Apollo Group, Inc., Class A (I)	24,600		1,473,048
Career Education Corp. (I)(L)	140,600		3,911,492
Weight Watchers International, Inc.	116,300		2,991,236

			8,375,776
Hotels, Restaurants & Leisure - 0.97%
International Game Technology	185,700		3,259,035
Household Durables - 1.96%
Fortune Brands, Inc.	82,500		3,615,975
Harman International Industries, Inc. (I)	40,300		1,738,542


The accompanying notes are an integral part of the financial statements.	159

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Household Durables (continued)
Pulte Group, Inc. (I)(L)	111,700	$	1,209,711

			6,564,228
Internet & Catalog Retail - 1.38%
Expedia, Inc. (I)(L)	51,400		1,143,136
Liberty Media Corp. - Interactive A (I)	276,400		3,479,876

			4,623,012
Leisure Equipment & Products - 1.18%
Mattel, Inc.	180,400		3,966,996
Media - 4.21%
Discovery Communications, Inc., Series A (I)	9,200		286,580
Discovery Communications, Inc., Series C (I)	23,300		618,382
DISH Network Corp.	77,500		1,547,675
Liberty Media-Starz, Series A (I)	22,400		1,140,832
Meredith Corp. (L)	134,000		4,116,480
Scholastic Corp.	98,500		2,895,900
Scripps Networks Interactive, Inc., Class A (L)	55,400		2,192,732
The Washington Post Company, Class B	3,200		1,344,992

			14,143,573
Multiline Retail - 0.45%
Dollar General Corp. (I)	62,900		1,502,681
Specialty Retail - 2.80%
Bed Bath & Beyond, Inc. (I)	46,300		1,926,543
CarMax, Inc. (I)(L)	65,600		1,324,464
The Gap, Inc.	201,800		4,338,700
Tiffany & Company	40,700		1,806,673

			9,396,380

			56,121,465
Consumer Staples - 9.05%
Beverages - 0.34%
Brown Forman Corp. (L)	22,000		1,151,920
Food & Staples Retailing - 2.95%
Sysco Corp.	137,400		3,970,860
The Kroger Company	232,000		5,127,200
Whole Foods Market, Inc. (I)(L)	22,500		798,525

			9,896,585
Food Products - 3.93%
Campbell Soup Company	134,000		4,466,220
McCormick & Company, Inc.	64,400		2,389,884
The Hershey Company (L)	131,700		5,236,392
Tootsie Roll Industries, Inc. (L)	39,728		1,080,999

			13,173,495
Personal Products - 1.83%
Alberto-Culver Company	122,000		3,381,840
The Estee Lauder Companies, Inc., Class A	46,200		2,778,006

			6,159,846

			30,381,846
Energy - 8.56%
Energy Equipment & Services - 1.52%
BJ Services Company	90,400		1,975,240
Smith International, Inc.	76,000		3,115,240

			5,090,480
Oil, Gas & Consumable Fuels - 7.04%
Arch Coal, Inc. (L)	107,106		2,408,814
Cimarex Energy Company	73,600		4,398,336
Murphy Oil Corp.	74,700		3,876,930
Nexen, Inc.	274,800		6,183,000
Suncor Energy, Inc.	73,964		2,138,299


Mid Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Sunoco, Inc.	101,000	$	2,663,370
The Williams Companies, Inc.	90,500		1,949,370

			23,618,119

			28,708,599
Financials - 18.82%
Commercial Banks - 4.45%
Commerce Bancshares, Inc.	37,800		1,531,278
First Horizon National Corp. (I)	190,823		2,442,534
KeyCorp	388,200		2,775,630
Marshall & Ilsley Corp. (L)	311,400		2,204,712
Valley National Bancorp (L)	60,430		870,192
WestAmerica Bancorp (L)	48,200		2,645,216
Wilmington Trust Corp. (L)	169,700		2,447,074

			14,916,636
Consumer Finance - 1.15%
Discover Financial Services	283,500		3,869,775
Diversified Financial Services - 3.72%
E*TRADE Financial Corp. (I)	811,700		1,306,837
Greenhill & Company, Inc.	35,800		2,557,910
Janus Capital Group, Inc.	281,100		3,513,750
Northern Trust Corp.	95,900		5,110,511

			12,489,008
Insurance - 5.57%
Aon Corp.	14,500		593,630
Arthur J. Gallagher & Company	38,700		918,351
Assured Guaranty, Ltd.	18,500		390,350
Axis Capital Holdings, Ltd.	7,100		223,295
Cincinnati Financial Corp. (L)	26,800		720,920
First American Corp.	76,000		2,449,480
Marsh & McLennan Companies, Inc.	193,300		4,488,426
OneBeacon Insurance Group, Ltd.	65,200		989,084
The Allstate Corp.	114,400		3,575,000
The Progressive Corp.	159,000		2,726,850
The Travelers Companies, Inc.	30,600		1,609,254

			18,684,640
Real Estate Investment Trusts - 2.89%
Cousins Properties, Inc. (L)	154,602		1,111,588
Duke Realty Corp.	23,400		259,740
Federal Realty Investment Trust	4,700		324,112
Kimco Realty Corp. (L)	218,300		3,032,187
SL Green Realty Corp. (L)	28,300		1,444,998
Starwood Property Trust, Inc.	57,200		1,070,212
Vornado Realty Trust	12,310		809,013
Weingarten Realty Investors (L)	80,100		1,649,259

			9,701,109
Real Estate Management & Development - 1.04%
The St. Joe Company (I)(L)	126,800		3,487,000

			63,148,168
Health Care - 6.05%
Biotechnology - 0.69%
Biogen Idec, Inc. (I)	13,500		742,635
OSI Pharmaceuticals, Inc. (I)	42,500		1,573,350

			2,315,985
Health Care Equipment & Supplies - 2.21%
Boston Scientific Corp. (I)	234,500		1,815,030
CareFusion Corp. (I)	131,750		3,325,370
Stryker Corp.	43,000		2,283,300

			7,423,700


The accompanying notes are an integral part of the financial statements.	160

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Providers & Services - 3.15%
Cardinal Health, Inc.	112,600	$	3,825,022
Healthsouth Corp. (I)(L)	311,700		5,392,410
Select Medical Holdings Corp. (I)	164,100		1,343,979

			10,561,411

			20,301,096
Industrials - 8.79%
Aerospace & Defense - 0.62%
Raytheon Company	37,100		2,086,504
Airlines - 2.89%
Delta Air Lines, Inc. (I)(L)	191,100		2,469,012
Southwest Airlines Company	573,900		7,219,662

			9,688,674
Commercial Services & Supplies - 0.81%
Cintas Corp. (L)	110,100		2,729,379
Industrial Conglomerates - 0.86%
Textron, Inc. (L)	145,500		2,898,360
Machinery - 1.18%
Harsco Corp.	50,400		1,513,008
WABCO Holdings, Inc. (I)	91,400		2,444,036

			3,957,044
Professional Services - 1.91%
Equifax, Inc.	35,900		1,158,134
Manpower, Inc.	74,900		3,858,848
Verisk Analytics, Inc., Class A (I)	48,800		1,381,040

			6,398,022
Road & Rail - 0.52%
Hertz Global Holdings, Inc. (I)(L)	184,600		1,735,240

			29,493,223
Information Technology - 8.17%
Communications Equipment - 0.54%
Harris Corp.	13,400		605,948
Motorola, Inc. (I)	176,400		1,192,464

			1,798,412
Electronic Equipment, Instruments & Components - 3.61%
AVX Corp.	202,200		2,487,060
Molex, Inc.	256,700		4,464,013
National Instruments Corp.	23,800		752,556
Tyco Electronics, Ltd.	172,100		4,410,923

			12,114,552
IT Services - 1.26%
Automatic Data Processing, Inc.	16,300		678,243
Paychex, Inc. (L)	114,700		3,434,118
Total Systems Services, Inc.	7,900		112,496

			4,224,857
Semiconductors & Semiconductor Equipment - 1.87%
ASML Holding NV	21,200		653,596
National Semiconductor Corp. (L)	98,100		1,420,488
Novellus Systems, Inc. (I)	172,800		3,822,336
Xilinx, Inc.	15,400		397,782

			6,294,202
Software - 0.89%
CA, Inc.	71,700		1,613,250
Electronic Arts, Inc. (I)(L)	82,700		1,371,166

			2,984,416

			27,416,439


Mid Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Materials - 6.11%
Chemicals - 1.71%
International Flavors & Fragrances, Inc.	38,600	$	1,625,446
Nalco Holding Company	127,800		2,972,628
Sigma-Aldrich Corp.	23,700		1,130,253

			5,728,327
Containers & Packaging - 0.71%
Temple-Inland, Inc.	128,600		2,394,532
Metals & Mining - 1.45%
Alcoa, Inc.	129,300		1,719,690
AngloGold Ashanti, Ltd., SADR (L)	1,000		36,380
Franco-Nevada Corp.	81,400		2,118,164
Gold Fields, Ltd.	87,100		1,000,779

			4,875,013
Paper & Forest Products - 2.24%
Domtar Corp. (I)	14,533		759,640
Weyerhaeuser Company	167,200		6,754,880

			7,514,520

			20,512,392
Telecommunication Services - 1.12%
Wireless Telecommunication Services - 1.12%
Telephone & Data Systems, Inc.	33,800		1,054,898
Telephone & Data Systems, Inc. -
Special Shares	94,700		2,688,533

			3,743,431

			3,743,431
Utilities - 8.17%
Electric Utilities - 3.70%
Allegheny Energy, Inc. (L)	220,500		4,994,325
American Electric Power Company, Inc.	54,700		1,839,014
Duke Energy Corp.	136,300		2,228,505
FirstEnergy Corp.	22,300		861,895
Pepco Holdings, Inc.	84,100		1,414,562
Pinnacle West Capital Corp.	29,700		1,081,377

			12,419,678
Independent Power Producers & Energy Traders - 3.47%
Calpine Corp. (I)	247,500		2,707,650
Constellation Energy Group, Inc.	81,700		2,865,219
Mirant Corp. (I)	302,000		3,799,160
NRG Energy, Inc. (I)	103,400		2,258,256

			11,630,285
Multi-Utilities - 1.00%
Ameren Corp.	9,100		224,861
NiSource, Inc.	161,700		2,428,734
TECO Energy, Inc. (L)	46,500		712,845

			3,366,440

			27,416,403

TOTAL COMMON STOCKS (Cost $249,451,434)		$	307,243,062


PREFERRED STOCKS - 0.21%
Financials - 0.21%
Insurance - 0.21%
Assured Guaranty, Ltd. 8.500%	8,300		701,350

TOTAL PREFERRED STOCKS (Cost $415,000)		$	701,350


The accompanying notes are an integral part of the financial statements.	161

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Mid Value Fund (continued)
		Shares or
		Principal
		Amount		Value

CONVERTIBLE BONDS - 0.66%
Financials - 0.13%
Diversified Financial Services - 0.13%
Janus Capital Group, Inc.	$	398,000	$	458,695
Industrials - 0.49%
Industrial Conglomerates - 0.27%
Textron Inc		550,000		915,063
Road & Rail - 0.22%
Hertz Global Holdings, Inc.		539,000		720,239

				1,635,302
Materials - 0.04%
Metals & Mining - 0.04%
Alcoa, Inc.		62,000		134,928

TOTAL CONVERTIBLE BONDS (Cost $1,623,828)			$	2,228,925

SHORT-TERM INVESTMENTS - 22.38%
*Short-Term Securities - 7.65%**
State Street Institutional US Government
Money Market Fund, 0.03489%	$	873,297		873,297
T. Rowe Price Reserve Investment
Fund, 0.25404%		24,799,724		24,799,724

				25,673,021
Securities Lending Collateral - 14.73%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		4,934,951		49,399,353

TOTAL SHORT-TERM INVESTMENTS (Cost $75,070,568)			$	75,072,374

Total Investments (Mid Value Fund)
(Cost $326,560,830) - 114.82%			$	385,245,711
Other assets and liabilities, net - (14.82%)				(49,732,371)

TOTAL NET ASSETS - 100.00%			$	335,513,340


Optimized Value Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 98.96%
Consumer Discretionary - 13.00%
Hotels, Restaurants & Leisure - 0.49%
Brinker International, Inc.	86,464	$	1,565,863
Household Durables - 1.24%
Tupperware Brands Corp.	85,270		3,984,667
Media - 6.58%
Comcast Corp., Class A	245,461		4,035,379
Gannett Company, Inc.	238,383		3,611,502
Meredith Corp.	85,855		2,637,466
News Corp., Class A	278,209		3,719,654
The Walt Disney Company	143,959		4,497,279
Viacom, Inc., Class B (I)	88,933		2,636,863

			21,138,143
Multiline Retail - 0.96%
Kohl’s Corp. (I)	57,585		3,099,225
Specialty Retail - 2.09%
Guess?, Inc.	84,417		3,443,369
TJX Companies, Inc.	78,789		3,279,986

			6,723,355


Optimized Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Textiles, Apparel & Luxury Goods - 1.64%
Coach, Inc.	56,810	$	2,070,156
Polo Ralph Lauren Corp.	40,022		3,198,958

			5,269,114

			41,780,367
Consumer Staples - 4.97%
Beverages - 1.18%
Dr. Pepper Snapple Group, Inc.	119,021		3,778,917
Food Products - 2.21%
ConAgra Foods, Inc.	291,081		7,119,841
Household Products - 1.58%
Colgate-Palmolive Company	20,310		1,684,511
The Procter & Gamble Company	53,641		3,394,402

			5,078,913

			15,977,671
Energy - 18.95%
Energy Equipment & Services - 4.68%
Atwood Oceanics, Inc. (I)	64,964		2,173,695
Noble Corp. (I)	131,156		5,542,653
Schlumberger, Ltd.	39,487		2,412,656
Transocean, Ltd. (I)	61,475		4,906,935

			15,035,939
Oil, Gas & Consumable Fuels - 14.27%
Apache Corp.	61,756		6,400,392
Chesapeake Energy Corp.	83,670		2,223,112
Chevron Corp.	66,933		4,839,256
ConocoPhillips	125,903		6,043,344
Devon Energy Corp.	34,749		2,392,816
El Paso Corp.	234,727		2,457,592
Exxon Mobil Corp.	138,948		9,031,620
Marathon Oil Corp.	97,830		2,832,179
Newfield Exploration Company (I)	57,117		2,916,965
Southern Union Company	92,905		2,224,146
Total SA, SADR	80,664		4,489,758

			45,851,180

			60,887,119
Financials - 28.10%
Commercial Banks - 1.88%
Wells Fargo & Company	221,287		6,049,987
Diversified Financial Services - 10.95%
Bank of America Corp.	99,495		1,657,587
Credit Suisse Group AG	69,325		3,091,895
JPMorgan Chase & Company	210,103		8,818,023
State Street Corp.	134,912		6,058,898
The Bank of New York Mellon Corp.	135,309		3,859,013
The Goldman Sachs Group, Inc.	52,893		8,269,821
The NASDAQ OMX Group, Inc. (I)	183,243		3,413,817

			35,169,054
Insurance - 8.27%
American Financial Group, Inc.	106,386		2,752,206
Assured Guaranty, Ltd.	170,066		3,588,393
Endurance Specialty Holdings, Ltd.	77,011		2,961,843
Lincoln National Corp.	100,223		2,523,615
MetLife, Inc.	103,007		3,748,425
PartnerRe, Ltd.	24,304		1,934,841
The Travelers Companies, Inc.	48,707		2,561,501
Torchmark Corp.	76,774		3,569,991
Unum Group	141,193		2,938,226

			26,579,041


The accompanying notes are an integral part of the financial statements.	162

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Optimized Value Fund (continued)
	Shares or
	Principal
	Amount		Value

COMMON STOCKS (continued)
Real Estate Investment Trusts - 5.39%
Annaly Capital Management, Inc.	500,953	$	9,207,516
Brandywine Realty Trust	247,377		2,773,096
Hospitality Properties Trust	111,028		2,439,285
HRPT Properties Trust	410,853		2,884,188

			17,304,085
Thrifts & Mortgage Finance - 1.61%
Hudson City Bancorp, Inc.	383,152		5,180,215

			90,282,382
Health Care - 7.25%
Health Care Equipment & Supplies - 1.46%
Baxter International, Inc.	30,530		1,738,073
Covidien PLC	60,168		2,955,452

			4,693,525
Health Care Providers & Services - 1.53%
AmerisourceBergen Corp.	174,725		4,899,289
Pharmaceuticals - 4.26%
Abbott Laboratories	115,672		6,278,676
Johnson & Johnson	55,648		3,505,824
Pfizer, Inc.	222,889		3,911,702

			13,696,202

			23,289,016
Industrials - 6.31%
Aerospace & Defense - 1.75%
Alliant Techsystems, Inc. (I)	70,758		5,621,723
Industrial Conglomerates - 2.61%
General Electric Company	394,089		6,329,069
Siemens AG	23,747		2,048,416

			8,377,485
Machinery - 1.38%
Pall Corp.	112,671		4,447,124
Marine - 0.57%
DryShips, Inc. (I)	336,380		1,839,999

			20,286,331
Information Technology - 9.31%
Communications Equipment - 0.53%
Cisco Systems, Inc. (I)	70,686		1,719,790
Computers & Peripherals - 2.37%
EMC Corp. (I)	144,862		2,533,636
Seagate Technology (I)	255,211		5,081,251

			7,614,887
Electronic Equipment, Instruments & Components - 1.34%
Avnet, Inc. (I)	156,348		4,316,768
Internet Software & Services - 0.51%
Google, Inc., Class A (I)	3,102		1,634,134
IT Services - 1.78%
Lender Processing Services, Inc.	149,686		5,715,011
Semiconductors & Semiconductor Equipment - 0.92%
Skyworks Solutions, Inc. (I)	193,622		2,956,608
Software - 1.86%
Check Point Software Technologies, Ltd. (I)	83,394		2,718,644
Oracle Corp.	131,607		3,244,113

			5,962,757

			29,919,955


Optimized Value Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Materials - 2.61%
Chemicals - 0.58%
E.I. Du Pont de Nemours & Company		54,873	$	1,850,318
Containers & Packaging - 2.03%
Owens-Illinois, Inc. (I)		106,766		3,164,544
Pactiv Corp. (I)		135,738		3,360,873

				6,525,417

				8,375,735
Telecommunication Services - 5.12%
Diversified Telecommunication Services - 4.31%
AT&T, Inc.		223,282		5,539,628
CenturyTel, Inc.		164,270		5,629,533
Verizon Communications, Inc.		91,906		2,658,841

				13,828,002
Wireless Telecommunication Services - 0.81%
Mobile TeleSystems, SADR		49,866		2,610,485

				16,438,487
Utilities - 3.34%
Electric Utilities - 0.62%
American Electric Power Company, Inc.		59,165		1,989,127
Independent Power Producers & Energy Traders - 0.53%
Constellation Energy Group, Inc.		48,631		1,705,489
Multi-Utilities - 2.19%
Dominion Resources, Inc.		18,022		684,656
Sempra Energy		128,803		6,333,244

				7,017,900

				10,712,516

TOTAL COMMON STOCKS (Cost $289,194,248)			$	317,949,579

SHORT-TERM INVESTMENTS - 0.90%
Repurchase Agreement - 0.90%
Repurchase Agreement with State Street Corp.
dated 02/26/2010 at 0.01% to be
repurchased at $2,911,002 on 03/01/2010,
collateralized by $2,925,000 U.S. Treasury
Notes, 3.250% due 12/31/2016 (valued at
$2,972,531, including interest)	$	2,911,000		2,911,000

TOTAL SHORT-TERM INVESTMENTS (Cost $2,911,000)			$	2,911,000

Total Investments (Optimized Value Fund)
(Cost $292,105,248) - 99.86%			$	320,860,579
Other assets and liabilities, net - 0.14%				439,626

TOTAL NET ASSETS - 100.00%			$	321,300,205


Real Estate Equity Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 94.10%
Consumer Discretionary - 4.18%
Hotels, Restaurants & Leisure - 4.18%
Gaylord Entertainment Company (I)(L)	118,900	$	2,676,439
Marriott International, Inc., Class A (L)	147,273		3,992,571


The accompanying notes are an integral part of the financial statements.	163

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Real Estate Equity Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Hotels, Restaurants & Leisure (continued)
Starwood Hotels & Resorts
Worldwide, Inc. (L)	79,800	$	3,088,260

			9,757,270

			9,757,270
Financials - 89.92%
Real Estate Investment Trusts - 87.55%
Alexandria Real Estate Equities, Inc. (L)	39,200		2,415,504
AMB Property Corp.	216,200		5,262,308
AvalonBay Communities, Inc. (L)	116,916		9,519,301
Boston Properties, Inc.	106,650		7,244,735
BRE Properties, Inc.	187,440		6,318,602
Camden Property Trust	193,200		7,737,660
CBL & Associates Properties, Inc. (L)	469,014		5,576,576
Colony Financial, Inc.	46,700		931,198
Cousins Properties, Inc. (L)	254,342		1,828,719
DCT Industrial Trust, Inc.	542,200		2,667,624
Douglas Emmett, Inc. (L)	374,500		5,276,705
EastGroup Properties, Inc.	82,900		2,976,110
Equity One, Inc. (L)	332,400		6,139,428
Equity Residential	273,950		9,884,116
Essex Property Trust, Inc. (L)	70,000		6,013,000
Federal Realty Investment Trust (L)	113,980		7,860,061
Healthcare Realty Trust, Inc. (L)	217,700		4,547,753
Highwoods Properties, Inc.	110,200		3,201,310
Host Hotels & Resorts, Inc.	353,262		4,136,698
Kilroy Realty Corp. (L)	209,000		5,920,970
Kimco Realty Corp. (L)	559,800		7,775,622
LaSalle Hotel Properties (L)	124,620		2,418,874
Macerich Company (L)	229,090		8,164,768
Plum Creek Timber Company, Inc. (L)	107,700		3,848,121
Post Properties, Inc.	118,300		2,276,092
Public Storage, Inc.	106,900		8,786,111
Regency Centers Corp. (L)	206,350		7,154,155
Simon Property Group, Inc.	274,451		21,486,769
SL Green Realty Corp. (L)	184,000		9,395,040
Starwood Property Trust, Inc. (L)	155,400		2,907,534
Taubman Centers, Inc. (L)	150,400		5,824,992
Terreno Realty Corp. (I)	42,700		803,187
Vornado Realty Trust	179,074		11,768,743
Washington Real Estate Investment Trust (L)	126,500		3,524,290
Weingarten Realty Investors (L)	143,200		2,948,488

			204,541,164
Real Estate Management & Development - 2.37%
Brookfield Properties Corp. (L)	315,900		4,381,533
The St. Joe Company (I)(L)	42,000		1,155,000

			5,536,533

			210,077,697

TOTAL COMMON STOCKS (Cost $156,269,552)		$	219,834,967


CONVERTIBLE BONDS - 3.57%
Financials - 3.57%
Real Estate Investment Trusts - 2.85%
Alexandria Real Estate Equities, Inc.
8.000%, 04/15/2029 (S)	1,844,000		3,021,854
General Growth Properties LP
3.980%, 04/15/2027 (H)(S)	2,198,000		2,255,698
ProLogis
2.250%, 04/01/2037	1,462,000		1,376,108

			6,653,660


Real Estate Equity Fund (continued)
		Shares or
		Principal
		Amount		Value

CONVERTIBLE BONDS (continued)
Real Estate Management & Development - 0.72%
Forest City Enterprises, Inc.
5.000%, 10/15/2016 (S)	$	1,550,000	$	1,693,375

				8,347,035

TOTAL CONVERTIBLE BONDS (Cost $4,239,186)			$	8,347,035


SHORT-TERM INVESTMENTS - 34.34%
*Short-Term Securities - 1.97%**
State Street Institutional US Government
Money Market Fund, 0.03489%	$	510,129		510,129
T. Rowe Price Reserve Investment
Fund, 0.2018%		4,094,575		4,094,575

				4,604,704
SECURITIES LENDING COLLATERAL - 32.37%
John Hancock Collateral Investment
Trust, 0.1869% (W)(Y)	$	7,554,011		75,616,404

TOTAL SHORT-TERM INVESTMENTS (Cost $80,196,466)			$	80,221,108

Total Investments (Real Estate Equity Fund)
(Cost $240,705,204) - 132.01%			$	308,403,110
Other assets and liabilities, net - (32.01%)				(74,785,023)

TOTAL NET ASSETS - 100.00%			$	233,618,087


Real Estate Securities Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 98.90%
Financials - 98.90%
Real Estate Investment Trusts - 98.90%
American Campus Communities, Inc. (L)	207,961	$	5,748,042
Apartment Investment & Management
Company, Class A (L)	314,617		5,250,958
AvalonBay Communities, Inc. (L)	199,499		16,243,209
BioMed Realty Trust, Inc.	165,650		2,559,293
Boston Properties, Inc. (L)	274,114		18,620,564
Brandywine Realty Trust	638,700		7,159,827
BRE Properties, Inc.	179,148		6,039,079
Camden Property Trust	202,150		8,096,108
Cogdell Spencer, Inc. (L)	192,666		1,300,496
Developers Diversified Realty Corp.	402,000		4,265,220
Digital Realty Trust, Inc. (L)	190,350		9,818,253
Douglas Emmett, Inc. (L)	174,700		2,461,523
Duke Realty Corp.	395,860		4,394,046
Entertainment Properties Trust (L)	87,111		3,329,382
Equity Residential	240,553		8,679,152
HCP, Inc. (L)	270,923		7,797,164
Health Care, Inc. (L)	256,742		10,875,591
Host Hotels & Resorts, Inc.	1,130,556		13,238,811
LTC Properties, Inc.	76,153		1,986,070
Mack-Cali Realty Corp.	134,350		4,506,099
Nationwide Health Properties, Inc.	271,906		9,024,560
ProLogis (L)	952,060		12,272,053
PS Business Parks, Inc.	69,472		3,404,128
Public Storage, Inc. (L)	249,776		20,529,089
Ramco-Gershenson Properties Trust	143,776		1,440,636
Regency Centers Corp. (L)	377,767		13,097,182
Retail Opportunity Investments Corp. (I)	140,975		1,409,750
Senior Housing Properties Trust	454,373		9,446,415
Simon Property Group, Inc.	451,797		35,371,187


The accompanying notes are an integral part of the financial statements.	164

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Real Estate Securities Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Real Estate Investment Trusts (continued)
SL Green Realty Corp. (L)		90,100	$	4,600,506
Sovran Self Storage, Inc. (L)		81,532		2,587,010
Sunstone Hotel Investors, Inc. (I)		453,415		4,053,530
Tanger Factory Outlet Centers, Inc. (L)		72,700		3,029,409
Taubman Centers, Inc. (L)		234,978		9,100,698
Vornado Realty Trust (L)		110,870		7,286,376
Washington Real Estate Investment Trust		234,628		6,536,736

				285,558,152

				285,558,152

TOTAL COMMON STOCKS (Cost $252,661,194)			$	285,558,152


SHORT-TERM INVESTMENTS - 32.67%
Repurchase Agreement - 0.97%
Repurchase Agreement with State Street Corp.
dated 2/26/2010 at 0.10% to be repurchased
at $2,814,002 on 3/1/2010, collateralized by
$2,875,000 Federal Home Loan Mortgage
Corp., Zero Coupon due 3/29/2010 (valued
at $2,873,563, including interest)	$	2,814,000		2,814,000
Securities Lending Collateral - 31.70%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		9,143,830		91,530,654

TOTAL SHORT-TERM INVESTMENTS (Cost $94,338,128)			$	94,344,654

Total Investments (Real Estate Securities Fund)
(Cost $346,999,322) - 131.57%			$	379,902,806
Other assets and liabilities, net - (31.57%)				(91,162,570)

TOTAL NET ASSETS - 100.00%			$	288,740,236


Real Return Bond Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 85.11%
Treasury Inflation Protected Securities (D) - 57.45%
0.625%, 04/15/2013	$	28,609,000	$	29,333,151
0.875%, 04/15/2010		11,399,700		11,452,241
1.375%, 01/15/2020		16,378,468		16,253,074
1.625%, 01/15/2015 to 01/15/2018		17,160,255		17,947,792
1.750%, 01/15/2028		12,885,875		12,243,591
1.875%, 07/15/2015		47,964,528		51,052,244
2.000%, 07/15/2014 to 01/15/2026 (F)		174,650,674		182,662,595
2.125%, 02/15/2040		6,994,140		6,981,572
2.375%,
01/15/2017 to 01/15/2027 (F),(C)		155,391,361		164,336,826
2.500%, 07/15/2016 to 01/15/2029		72,512,438		78,202,905
3.375%, 01/15/2012 to 04/15/2032		11,071,307		13,277,733
3.625%, 04/15/2028		26,571,475		32,529,305
3.875%, 04/15/2029 (C)		95,512,237		121,569,115

				737,842,144
U.S. Treasury Bond - 1.23%
1.250%, 04/15/2014		15,102,808		15,730,511
U.S. Treasury Notes - 23.78%
1.375%, 07/15/2018		25,337,950		25,549,750
1.875%, 07/15/2013		83,250,180		88,550,885
2.125%, 01/15/2019		33,194,040		35,312,749
2.375%, 04/15/2011		59,842,750		61,969,980
2.625%, 07/15/2017		51,683,696		57,235,662


Real Return Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
U.S. Treasury Notes (continued)
3.000%, 07/15/2012	$	33,991,979	$	36,785,712

				305,404,738
Federal Home Loan Mortgage Corp. - 0.12%
5.500%, 11/15/2018		1,424,429		1,493,357
Federal National Mortgage Association - 2.53%
0.429%, 10/27/2037 (P)		5,000,000		4,981,250
0.579%, 07/25/2037 (P)		14,003,850		13,563,409
0.669%, 05/25/2036 (P)		11,415,591		11,130,265
0.674%, 02/25/2037 (P)		2,871,531		2,753,444
1.681%, 10/01/2044 (P)		85,818		84,980

				32,513,348

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $1,057,667,924)			$	1,092,984,098


FOREIGN GOVERNMENT
OBLIGATIONS - 2.13%
Australia - 0.03%
Republic of Australia
3.000%, 09/20/2025	AUD	400,000		373,379
Canada - 0.62%
Government of Canada
2.000%, 12/01/2041	CAD	2,167,893		2,288,835
3.000%, 12/01/2036		3,678,807		4,582,146
4.000%, 12/01/2031		376,923		521,144
4.250%, 12/01/2021		414,606		517,631

				7,909,756
Germany - 1.48%
Federal Republic of Germany
1.500%, 04/15/2016	EUR	968,823		1,362,600
1.750%, 04/15/2020		8,827,890		12,353,586
3.750%, 01/04/2015		1,300,000		1,902,003
4.250%, 07/04/2018		2,300,000		3,434,296

				19,052,485

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $27,988,930)			$	27,335,620


CORPORATE BONDS - 11.34%
Banks - 3.31%
American Express Bank FSB
0.359%, 05/29/2012 (P)		5,900,000		5,793,151
0.378%, 06/12/2012 (P)		700,000		687,438
American Express Centurion Bank
0.378%, 06/12/2012 (P)		5,100,000		5,008,475
ANZ National International, Ltd.
6.200%, 07/19/2013 (S)		1,900,000		2,092,497
Bank of Nova Scotia
3.400%, 01/22/2015		2,600,000		2,653,654
Barclays Bank PLC
6.050%, 12/04/2017 (S)		5,200,000		5,334,644
7.434%, 09/29/2049 (P)(S)		600,000		555,000
ING Bank NV
0.881%, 01/13/2012 (P)(S)		10,800,000		10,776,121
National Australia Bank, Ltd.
5.350%, 06/12/2013 (S)		1,700,000		1,845,177
Royal Bank of Scotland Group PLC
7.092%, 10/29/2049		400,000		324,073
Swedbank AB
2.800%, 02/10/2012 (S)		7,200,000		7,420,342

				42,490,572


The accompanying notes are an integral part of the financial statements.	165

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Real Return Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Chemicals - 0.08%
RPM International, Inc.
6.500%, 02/15/2018	$	1,000,000	$	1,055,496
Diversified Financial Services - 4.72%
Citigroup Funding, Inc.
1.299%, 05/07/2010 (P)		600,000		601,022
Countrywide Financial Corp.
5.800%, 06/07/2012		3,400,000		3,620,786
DaimlerChrysler Financial Company
5.000%, 08/03/2012		2,806,408		2,770,626
FCE Bank PLC
7.125%, 01/16/2012		200,000		269,934
Ford Motor Credit Company LLC
7.250%, 10/25/2011		6,350,000		6,437,224
7.800%, 06/01/2012		450,000		454,756
9.750%, 09/15/2010		4,200,000		4,305,034
GATX Financial Corp.
5.800%, 03/01/2016		1,000,000		1,009,352
Green Valley, Ltd.
4.292%, 01/10/2011 (P)(S)		400,000		545,088
HBOS PLC
6.750%, 05/21/2018 (S)		1,000,000		922,610
International Lease Finance Corp.
6.625%, 11/15/2013		600,000		528,677
LeasePlan Corp.
3.000%, 05/07/2012 (S)		1,800,000		1,856,988
Lehman Brothers Holdings, Inc.
0.00%, 04/05/2011 (H)		36,000		9,805
5.125%, 06/27/2014 (H)		850,000		234,374
6.200%, 09/26/2014 (H)		300,000		67,500
6.875%, 05/02/2018 (H)		1,200,000		276,000
7.000%, 09/27/2027 (H)		300,000		67,500
Longpoint Re, Ltd.
5.504%, 05/08/2010 (P)(S)		800,000		801,040
Merna Reinsurance, Ltd.
0.901%, 07/07/2010 (P)(S)		3,500,000		3,451,350
Morgan Stanley
0.501%, 01/18/2011 (P)		2,000,000		1,998,884
0.701%, 10/18/2016 (P)		400,000		364,402
2.350%, 05/14/2010 (P)		11,500,000		11,547,070
Mystic Re, Ltd.
10.252%, 06/07/2011 (P)(S)		1,500,000		1,535,250
Pearson Dollar Finance PLC
5.700%, 06/01/2014 (S)		2,500,000		2,715,755
Santander Perpetual SA
6.671%, 10/29/2049 (P)(S)		2,500,000		2,512,500
TransCapitalInvest, Ltd.
7.700%, 08/07/2013 (S)		1,300,000		1,408,055
UBS AG
1.352%, 02/23/2012 (P)		9,800,000		9,801,441
Vita Capital III, Ltd., Series B-II
1.371%, 01/01/2012 (P)(S)		500,000		480,450

				60,593,473
Healthcare Services - 0.02%
UnitedHealth Group, Inc.
4.875%, 02/15/2013		200,000		213,287
Insurance - 2.08%
American International Group, Inc., MTN
5.850%, 01/16/2018		2,800,000		2,260,896
American International Group,
Inc., Series 1
0.361%, 10/18/2011 (P)		1,200,000		1,100,710


Real Return Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Insurance (continued)
American International Group,
Inc., Series WI
8.175%, 05/15/2058 (P)	$	1,500,000	$	1,012,500
Foundation Re II, Ltd.
7.000%, 11/26/2010 (P)(S)		600,000		596,619
Metropolitan Life Global Funding I
0.651%, 07/13/2011 (P)(S)		400,000		399,837
2.157%, 06/10/2011 (P)(S)		8,200,000		8,344,976
5.125%, 04/10/2013 (S)		800,000		864,075
New York Life Global Funding
4.650%, 05/09/2013 (S)		1,800,000		1,924,025
Pacific Life Global Funding
5.150%, 04/15/2013 (S)		600,000		636,028
Pricoa Global Funding I
0.381%, 06/26/2012 (P)(S)		7,600,000		7,389,944
Residential Reinsurance 2007, Ltd.
7.502%, 06/07/2010 (P)(S)		2,200,000		2,217,160

				26,746,770
Oil & Gas - 0.06%
Gaz Capital SA
7.343%, 04/11/2013 (S)		300,000		321,000
8.146%, 04/11/2018 (S)		400,000		432,800

				753,800
Pharmaceuticals - 0.12%
Cardinal Health, Inc.
6.000%, 06/15/2017		1,500,000		1,586,465
Pipelines - 0.80%
NGPL PipeCo LLC
6.514%, 12/15/2012 (S)		9,300,000		10,250,758
Retail - 0.15%
Federated Retail Holdings, Inc.
5.900%, 12/01/2016		1,000,000		970,000
Macy’s Retail Holdings, Inc.
7.450%, 07/15/2017		1,000,000		1,022,500

				1,992,500

TOTAL CORPORATE BONDS (Cost $145,208,327)			$	145,683,121


MUNICIPAL BONDS - 0.16%
New Jersey - 0.05%
Tobacco Settlement Financing Corp. of
New Jersey
5.000%, 06/01/2041		900,000		610,182
Ohio - 0.05%
Buckeye Tobacco Settlement
Financing Authority
6.000%, 06/01/2042		800,000		628,600
West Virginia - 0.06%
Tobacco Settlement Finance Authority of
West Virginia
7.467%, 06/01/2047		960,000		789,523

TOTAL MUNICIPAL BONDS (Cost $2,479,982)			$	2,028,305


COLLATERALIZED MORTGAGE
OBLIGATIONS - 4.06%
Banc of America Commercial Mortgage,
Inc., Series 2006-5, Class A4
5.414%, 09/10/2047		500,000		492,203
Banc of America Funding Corp.,
Series 2006-A, Class 1A1
4.485%, 02/20/2036 (P)		5,772,015		5,161,092


The accompanying notes are an integral part of the financial statements.	166

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Real Return Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
BCAP LLC Trust,
Series 2006-AA2, Class A1
0.399%, 01/25/2037 (P)	$	770,662	$	391,109
Bear Stearns Adjustable Rate
Mortgage Trust
Series 2005-5, Class A1,
2.530%, 08/25/2035 (P)		384,774		371,405
Series 2005-5, Class A2,
2.560%, 08/25/2035 (P)		672,313		648,378
Series 2005-2, Class A1,
2.760%, 03/25/2035 (P)		1,266,583		1,185,311
Series 2005-2, Class A2,
2.934%, 03/25/2035 (P)		399,820		378,524
Series 2003-3, Class 3A2,
3.799%, 05/25/2033 (P)		161,242		155,815
Citigroup Commercial Mortgage Trust,
Series 2007-C6, Class A4
5.700%, 12/10/2049 (P)		183,000		174,184
Citigroup Mortgage Loan Trust, Inc.
Series 2005-6, Class A1,
2.510%, 08/25/2035 (P)		471,014		449,497
Series 2005-11, Class 1A1,
2.990%, 12/25/2035 (P)		83,743		76,539
Series 2005-6, Class A3,
4.098%, 08/25/2035 (P)		125,533		110,864
Series 2005-6, Class A2,
4.248%, 08/25/2035 (P)		518,549		456,715
Citigroup/Deutsche Bank Commercial
Mortgage Trust,
Series 2007-CD5, Class A4
5.886%, 11/15/2044 (P)		500,000		479,575
Countrywide Home Loan Mortgage Pass
Through Trust,
Series 2004-HYB5 ,Class 2A1
3.562%, 04/20/2035 (P)		3,352,524		3,131,912
Credit Suisse Mortgage Capital
Certificates, Series 2007-C3, Class A4
5.723%, 06/15/2039 (P)		750,000		631,429
CS First Boston Mortgageb Securities
Corp., Series 2004-AR3, Class 2A
3.337%, 04/25/2034 (P)		8,784,961		8,488,612
Harborview Mortgage Loan Trust,
Series 2004-1, Class 2A
3.174%, 04/19/2034 (P)		9,950,733		8,565,301
JPMorgan Chase Commercial Mortgage
Securities Corp.,
Series 2006-CB17, Class A4
5.429%, 12/12/2043		620,000		620,227
JPMorgan Chase Commercial Mortgage
Securities Corp.,
Series 2006-LDP9, Class A3
5.336%, 05/15/2047		800,000		742,236
LB-UBS Commercial Mortgage Trust,
Series 2007-C7, Class A3
5.866%, 09/15/2045 (P)		200,000		190,411
MASTR Alternative Loans Trust,
Series 2006-2, Class 2A1
0.629%, 03/25/2036 (P)		968,093		372,188
Merrill Lynch Mortgage Investors, Inc.,
Series 2005-A10, Class A
0.439%, 02/25/2036 (P)		9,451,804		6,511,065
Merrill Lynch/Countrywide Commercial
Mortgage Trust,
Series 2007-9, Class A4
5.700%, 09/12/2049		400,000		367,967


Real Return Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Morgan Stanley Capital I,
Series 2007-IQ15, Class A4
5.880%, 06/11/2049 (P)	$	1,160,000	$	1,079,516
New York Mortgage Trust, Inc.,
Series 2006-1, Class 2A3
5.582%, 05/25/2036 (P)		1,700,000		1,250,432
Residential Accredit Loans, Inc.,
Series 2006-QO6, Class A1
0.409%, 06/25/2046 (P)		1,476,741		549,643
Structured Asset Mortgage Investments,
Inc., Series 2005-AR5,
Class A3 ,Class A3
0.479%, 07/19/2035 (P)		6,850,259		6,342,956
Wachovia Bank Commercial
Mortgage Trust
Series 2006-C23, Class A4,
5.418%, 01/15/2045 (P)		870,000		862,131
Series 2006-C28, Class A4,
5.572%, 10/15/2048		500,000		473,300
WaMu Mortgage Pass Through
Certificates,
Series 2007-HY3, Class 4A1
5.313%, 03/25/2037 (P)		1,323,584		1,094,950
Washington Mutual Alternative Mortgage
Pass-Through Certificates,
Series 2006-5, Class 3A6
6.268%, 07/25/2036 (P)		878,051		411,540

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $52,606,323)			$	52,217,027


ASSET BACKED SECURITIES - 1.77%
AMMC CDO, Series 2005-5A, Class A1A
0.488%, 08/08/2017 (P)(S)		2,100,000		1,859,406
ARES CLO Funds,
Series 2006-6RA, Class A1B
0.482%, 03/12/2018 (P)(S)		1,484,006		1,413,506
Argent Securities, Inc.,
Series 2005-W2, Class A2B1
0.429%, 10/25/2035 (P)		375,285		337,826
Citigroup Mortgage Loan Trust, Inc.,
Series 2007-OPX1, Class A5A
5.764%, 01/25/2037 (P)		900,000		476,523
First Franklin Mortgage Loan Asset
Backed Certificates,
Series 2006-FF15, Class A3
0.279%, 11/25/2036 (P)		1,163,276		1,137,102
Ford Credit Auto Owner Trust,
Series 2008-C, Class A2B
1.132%, 01/15/2011 (P)		109,357		109,391
Race Point CLO, Series 2A, Class A1
0.800%, 05/15/2015 (P)(S)		778,232		737,078
SLM Student Loan Trust,
Series 2008-9, Class A
1.749%, 04/25/2023 (P)		15,684,627		16,228,509
Wells Fargo Home Equity Trust,
Series 2005-4, Class AI2
0.479%, 12/25/2035 (P)(S)		398,288		394,302

TOTAL ASSET BACKED SECURITIES (Cost $22,440,520)			$	22,693,643


PREFERRED STOCKS - 0.11%
Banks - 0.11%
Wells Fargo & Company,
Series K 7.980%		900,000		904,500


The accompanying notes are an integral part of the financial statements.	167

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Real Return Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


PREFERRED STOCKS (continued)
Banks (continued)
Wells Fargo & Company, Series L 7.500%		500	$	476,500

				1,381,000

TOTAL PREFERRED STOCKS (Cost $1,400,000)			$	1,381,000


SHORT-TERM INVESTMENTS - 0.30%
Repurchase Agreement - 0.26%
Barclays Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.10% to be
repurchased at $500,004 on 03/01/2010,
collateralized by $469,000 U.S. Treasury
Bonds, 5.00% due 05/15/2037 (valued at
$513,779, including interest)	$	500,000		500,000
Repurchase Agreement with State Street
Corp. dated 02/26/2010 at 0.01% to be
repurchased at $2,808,002 on
03/01/2010, collateralized by Federal
Home Loan Bank, 0.93% due
03/30/2010 (valued at $2,868,400,
including interest)	2,808,000			2,808,000

				3,308,000
*Short-Term Securities - 0.04%**
U.S. Treasury Bills
0.074%, 03/18/2010	180,000			179,997
0.590%, 03/11/2010	360,000			359,997

				539,994

TOTAL SHORT-TERM INVESTMENTS (Cost $3,847,994)			$	3,847,994

Total Investments (Real Return Bond Fund)
(Cost $1,313,640,000) - 104.98%			$	1,348,170,808
Other assets and liabilities, net - (4.98%)				(63,922,764)

TOTAL NET ASSETS - 100.00%			$	1,284,248,044


Short Term Government Income Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 95.04%
Federal Agricultural Mortgage Corp. - 8.26%
3.875%, 08/19/2011	$	770,000	$	805,207
4.875%, 01/14/2011 (S)		500,000		519,550
5.400%, 10/14/2011		255,000		273,417
5.500%, 07/15/2011 (S)		1,035,000		1,092,172

				2,690,346
Federal Farm Credit Bank - 12.12%
1.875%, 12/07/2012		1,550,000		1,570,443
2.625%, 04/17/2014		480,000		487,530
3.000%, 12/22/2014		360,000		362,402
3.875%, 10/07/2013		1,430,000		1,529,977

				3,950,352
Federal Home Loan Bank - 10.96%
0.750%, 10/05/2011		565,000		566,491
1.875%, 06/20/2012		175,000		177,941
2.000%, 07/27/2012 to 10/05/2012		1,450,000		1,458,801
3.250%, 09/12/2014		635,000		654,010
3.625%, 10/18/2013		675,000		716,128

				3,573,371


Short Term Government Income Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
Federal Home Loan Mortgage Corp. - 9.52%
2.000%, 11/05/2012	$	420,000	$	423,394
2.875%, 02/09/2015		795,000		807,623
4.000%, 06/15/2039		452,174		465,759
4.500%, 07/01/2024 to 11/01/2024 (P)		1,349,866		1,407,446

				3,104,222
Federal National Mortgage Association - 17.22%
1.750%, 02/22/2013		770,000		774,830
2.050%, 01/28/2013		495,000		496,527
2.200%, 08/27/2012		1,370,000		1,380,582
3.000%, 10/29/2014		620,000		625,144
3.730%, 07/01/2039 (P)		536,854		555,411
4.241%, 09/01/2039 (P)		1,136,458		1,186,559
4.265%, 05/01/2034 (P)		394,189		414,684
4.898%, 12/01/2038 (P)		119,294		125,780
4.998%, 04/01/2048 (P)		49,858		52,569

				5,612,086
Government National Mortgage Association - 5.30%
3.500%, 10/20/2039 (P)		292,333		298,913
4.000%, 08/20/2039 (P)		1,375,750		1,429,128

				1,728,041
Tennesee Valley Authority - 6.73%
4.750%, 08/01/2013		525,000		574,532
6.000%, 03/15/2013		732,000		826,733
7.140%, 05/23/2012		700,000		790,627

				2,191,892
Treasury Inflation Protected Securities (D) - 1.59%
3.375%, 01/15/2012		480,478		516,739
U.S. Treasury Notes - 23.34%
0.875%, 05/31/2011		855,000		860,009
1.000%, 10/31/2011		1,715,000		1,725,719
1.125%, 01/15/2012		1,235,000		1,243,587
1.375%, 04/15/2012		2,140,000		2,163,238
1.500%, 12/31/2013		690,000		683,693
1.750%, 03/31/2014		190,000		189,050
2.375%, 08/31/2014 to 02/28/2015		735,000		742,163

				7,607,459

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $30,684,178)			$	30,974,508


COLLATERALIZED MORTGAGE
OBLIGATIONS - 2.83%
Federal Home Loan Mortgage Corp.,
Series 3591, Class TA
4.000%, 06/15/2039		182,351		187,628
Government National Mortgage Association,
Series 2009-42, Class DA
5.000%, 07/20/2031		694,846		735,309

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $912,002)			$	922,937


The accompanying notes are an integral part of the financial statements.	168

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Short Term Government Income Fund (continued)
		Shares or
		Principal
		Amount		Value

SHORT-TERM INVESTMENTS - 0.92%
*SHORT-TERM SECURITIES - 0.92%**
Federal Home Loan Bank Discount Notes,
0.010%, 03/01/2010	$	300,000	$	300,000

TOTAL SHORT-TERM INVESTMENTS (Cost $300,000)			$	300,000

Total Investments (Short Term Government Income Fund)
(Cost $31,896,180) - 98.79%			$	32,197,445
Other assets and liabilities, net - 1.21%				394,014

TOTAL NET ASSETS - 100.00%			$	32,591,459


Small Cap Growth Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 96.60%
Consumer Discretionary - 20.22%
Auto Components - 0.60%
Gentex Corp.	38,300	$	743,404
Hotels, Restaurants & Leisure - 3.19%
Life Time Fitness, Inc. (I)	19,095		484,249
Penn National Gaming, Inc. (I)	23,700		548,418
Texas Roadhouse, Inc., Class A (I)	14,800		198,764
The Cheesecake Factory, Inc. (I)	45,177		1,068,436
Wyndham Worldwide Corp.	72,330		1,662,867

			3,962,734
Household Durables - 3.46%
Jarden Corp.	60,730		1,946,998
Tempur-Pedic International, Inc. (I)	42,990		1,220,916
Tupperware Brands Corp.	24,140		1,128,062

			4,295,976
Internet & Catalog Retail - 0.62%
NutriSystem, Inc.	39,398		762,351
Leisure Equipment & Products - 1.64%
Pool Corp.	46,100		921,078
RC2 Corp. (I)	79,170		1,117,089

			2,038,167
Media - 2.77%
Dreamworks Animation SKG, Inc. (I)	36,710		1,595,417
Focus Media Holding, Ltd., ADR (I)	119,810		1,848,668

			3,444,085
Specialty Retail - 3.20%
Advance Auto Parts, Inc.	36,150		1,474,920
Citi Trends, Inc. (I)	22,911		681,373
Dick’s Sporting Goods, Inc. (I)	43,270		1,052,759
Williams-Sonoma, Inc.	35,400		759,684

			3,968,736
Textiles, Apparel & Luxury Goods - 4.74%
Carter’s, Inc. (I)	60,450		1,732,497
Hanesbrands, Inc. (I)	103,600		2,686,348
The Warnaco Group, Inc. (I)	35,180		1,468,413

			5,887,258

			25,102,711
Consumer Staples - 2.99%
Beverages - 0.69%
Central European Distribution Corp. (I)	25,470		849,425


Small Cap Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Food Products - 1.54%
Green Mountain Coffee Roasters, Inc. (I)	22,710	$	1,916,497
Personal Products - 0.76%
Herbalife, Ltd.	23,630		946,382

			3,712,304
Energy - 3.33%
Energy Equipment & Services - 0.87%
Dresser-Rand Group, Inc. (I)	35,200		1,088,032
Oil, Gas & Consumable Fuels - 2.46%
Massey Energy Company	19,070		821,345
Overseas Shipholding Group, Inc.	27,120		1,206,569
St. Mary Land & Exploration Company	31,420		1,023,664

			3,051,578

			4,139,610
Financials - 3.07%
Diversified Financial Services - 1.42%
Stifel Financial Corp. (I)	21,400		1,170,580
Waddell & Reed Financial, Inc.	18,000		591,840

			1,762,420
Insurance - 1.65%
Allied World Assurance
Company Holdings, Ltd.	5,450		251,245
Assured Guaranty, Ltd.	45,520		960,472
eHealth, Inc. (I)	50,600		845,020

			2,056,737

			3,819,157
Health Care - 24.00%
Biotechnology - 7.29%
Affymax, Inc. (I)	29,800		557,260
Alkermes, Inc. (I)	66,930		767,018
AMAG Pharmaceuticals, Inc. (I)	11,830		451,788
Amylin Pharmaceuticals, Inc. (I)	46,320		875,448
Cubist Pharmaceuticals, Inc. (I)	34,670		729,457
Incyte Corp. (I)	79,200		844,272
Ironwood Pharmaceuticals, Inc. (I)	16,900		219,700
Onyx Pharmaceuticals, Inc. (I)	22,230		617,105
OSI Pharmaceuticals, Inc. (I)	26,550		982,881
Regeneron Pharmaceuticals, Inc. (I)	41,800		1,022,428
Rigel Pharmaceuticals, Inc. (I)	65,700		496,035
Seattle Genetics, Inc. (I)	62,220		634,644
United Therapeutics Corp. (I)	14,920		856,557

			9,054,593
Health Care Equipment & Supplies - 4.68%
American Medical Systems Holdings, Inc. (I)	61,700		1,118,004
Cyberonics, Inc. (I)	44,940		802,179
Inverness Medical Innovations, Inc. (I)	16,160		630,563
Masimo Corp.	17,200		476,268
Volcano Corp. (I)	93,100		1,916,929
Wright Medical Group, Inc. (I)	51,600		869,460

			5,813,403
Health Care Providers & Services - 6.55%
Almost Family, Inc. (I)	19,060		687,304
Coventry Health Care, Inc. (I)	52,300		1,212,314
Health Net, Inc. (I)	83,050		1,917,625
Healthsouth Corp. (I)	53,910		932,643
Lincare Holdings, Inc. (I)	27,000		1,084,320
Owens & Minor, Inc.	31,780		1,418,977
Team Health Holdings, Inc. (I)	61,200		887,400

			8,140,583


The accompanying notes are an integral part of the financial statements.	169

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Technology - 1.62%
SXC Health Solutions Corp. (I)	40,403	$	2,008,433
Life Sciences Tools & Services - 1.86%
ICON PLC, SADR (I)	37,060		872,763
Parexel International Corp. (I)	71,278		1,436,252

			2,309,015
Pharmaceuticals - 2.00%
Auxilium Pharmaceuticals, Inc. (I)	40,320		1,217,664
King Pharmaceuticals, Inc. (I)	48,600		546,750
Salix Pharmaceuticals, Ltd. (I)	25,040		715,142

			2,479,556

			29,805,583
Industrials - 16.75%
Aerospace & Defense - 2.45%
AAR Corp. (I)	8,014		181,758
Argon ST, Inc. (I)	21,970		540,462
BE Aerospace, Inc. (I)	89,370		2,314,683

			3,036,903
Air Freight & Logistics - 0.15%
Hub Group, Inc., Class A (I)	6,800		183,396
Airlines - 3.00%
Continental Airlines, Inc.	102,140		2,110,212
Copa Holdings SA, Class A	16,730		909,945
Tam SA, SADR (I)	25,323		466,196
US Airways Group, Inc. (I)	32,100		235,293

			3,721,646
Building Products - 1.79%
Lennox International, Inc.	22,310		941,482
Trex Company, Inc. (I)	63,826		1,275,882

			2,217,364
Commercial Services & Supplies - 3.65%
Corrections Corp. of America (I)	89,918		1,924,245
Knoll, Inc.	77,950		936,959
SYKES Enterprises, Inc. (I)	70,364		1,675,367

			4,536,571
Electrical Equipment - 1.68%
Regal-Beloit Corp.	36,940		2,084,155
Professional Services - 0.73%
The Advisory Board Company (I)	28,700		911,512
Road & Rail - 1.58%
J.B. Hunt Transport Services, Inc.	55,360		1,964,173
Trading Companies & Distributors - 1.72%
Beacon Roofing Supply, Inc. (I)	89,590		1,558,866
Rush Enterprises, Inc., Class A (I)	53,100		580,383

			2,139,249

			20,794,969
Information Technology - 23.45%
Communications Equipment - 1.66%
Polycom, Inc. (I)	21,400		558,754
Riverbed Technology, Inc. (I)	55,050		1,500,113

			2,058,867
Computers & Peripherals - 2.81%
Netezza Corp. (I)	39,964		365,271
QLogic Corp. (I)	78,760		1,433,432
Seagate Technology (I)	84,800		1,688,368

			3,487,071


Small Cap Growth Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Electronic Equipment, Instruments & Components - 4.00%
Celestica, Inc. (I)		77,320	$	791,757
Jabil Circuit, Inc.		95,330		1,446,156
Plexus Corp. (I)		17,510		603,920
Sanmina-SCI Corp.		128,400		2,123,736

				4,965,569
Internet Software & Services - 4.31%
Equinix, Inc. (I)		23,340		2,204,930
Rackspace Hosting, Inc. (I)		52,390		1,038,894
VistaPrint NV (I)		30,290		1,748,339
Vocus, Inc. (I)		25,400		361,442

				5,353,605
IT Services - 0.44%
NeuStar, Inc., Class A (I)		23,640		547,975
Semiconductors & Semiconductor Equipment - 5.96%
Applied Micro Circuits Corp. (I)		61,000		545,340
Atheros Communications, Inc. (I)		45,230		1,623,305
Cypress Semiconductor Corp. (I)		90,380		1,070,099
ON Semiconductor Corp. (I)		130,230		1,036,631
RF Micro Devices, Inc. (I)		150,000		631,500
Skyworks Solutions, Inc. (I)		113,020		1,725,815
TriQuint Semiconductor, Inc. (I)		106,850		768,252

				7,400,942
Software - 4.27%
Concur Technologies, Inc. (I)		24,600		967,764
Informatica Corp. (I)		71,410		1,822,383
Red Hat, Inc. (I)		38,030		1,066,742
Rovi Corp. (I)		20,900		700,150
TiVo, Inc. (I)		65,600		621,888
Websense, Inc. (I)		5,600		120,176

				5,299,103

				29,113,132
Materials - 1.22%
Containers & Packaging - 1.22%
Silgan Holdings, Inc.		26,450		1,510,560
Telecommunication Services - 1.57%
Wireless Telecommunication Services - 1.57%
SBA Communications Corp. (I)		55,050		1,946,568

TOTAL COMMON STOCKS (Cost $95,845,574)		$		119,944,594


SHORT-TERM INVESTMENTS - 2.50%
Repurchase Agreement - 2.50%
Bank of New York Tri-Party Repurchase
Agreement date 02/26/2010 at 0.12% to be
repurchased at $3,100,031 on 03/01/2010,
collateralized by $4,405,417 Federal Home
Loan Mortgage Corp., 7.00% due
10/01/2037 (valued at $3,162,000,
including interest)	$	3,100,000		3,100,000

TOTAL SHORT-TERM INVESTMENTS (Cost $3,100,000)			$	3,100,000

Total Investments (Small Cap Growth Fund)
(Cost $98,945,574) - 99.10%			$	123,044,594
Other assets and liabilities, net - 0.90%				1,113,881

TOTAL NET ASSETS - 100.00%			$	124,158,475


The accompanying notes are an integral part of the financial statements.	170

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 96.98%
Consumer Discretionary - 13.98%
Auto Components - 0.84%
American Axle & Manufacturing
Holdings, Inc. (I)	6,972	$	68,395
Amerigon, Inc. (I)	2,884		28,206
ArvinMeritor, Inc. (I)(L)	9,163		106,841
Cooper Tire & Rubber Company	7,249		127,147
Dana Holding Corp. (I)	17,135		194,825
Dorman Products, Inc. (I)	1,387		25,035
Drew Industries, Inc. (I)	2,307		53,453
Exide Technologies (I)	6,297		36,208
Fuel Systems Solutions, Inc. (I)(L)	1,696		47,301
Modine Manufacturing Company (I)	5,816		54,670
Raser Technologies, Inc. (I)(L)	8,777		9,304
Spartan Motors, Inc.	4,190		23,506
Standard Motor Products, Inc.	2,050		16,626
Stoneridge, Inc. (I)	2,011		16,772
Superior Industries International, Inc.	2,905		41,977
Tenneco, Inc. (I)	7,095		143,035
Wonder Auto Technology, Inc. (I)	1,862		18,452

			1,011,753
Automobiles - 0.04%
Winnebago Industries, Inc. (I)(L)	3,654		42,679
Distributors - 0.03%
Core-Mark Holding Company, Inc. (I)	1,248		39,986
Diversified Consumer Services - 1.18%
American Public Education, Inc. (I)(L)	2,237		96,773
Audiovox Corp., Class A (I)	2,344		16,924
Bridgepoint Education, Inc. (I)	1,734		29,270
Capella Education Company (I)(L)	1,751		145,456
ChinaCast Education Corp. (I)	3,817		27,482
Coinstar, Inc. (I)(L)	3,696		109,697
Corinthian Colleges, Inc. (I)(L)	9,791		158,810
Grand Canyon Education, Inc. (I)(L)	1,946		42,326
Jackson Hewitt Tax Service, Inc. (I)(L)	3,997		9,753
K12, Inc. (I)(L)	2,943		59,243
Learning Tree International, Inc. (I)	1,214		15,296
Lincoln Educational Services Corp. (I)	1,197		26,693
Mac-Gray Corp.	1,414		14,168
Matthews International Corp., Class A	3,687		123,588
Pre-Paid Legal Services, Inc. (I)(L)	934		38,892
Regis Corp.	7,008		115,842
Sotheby’s (L)	8,251		200,499
Steiner Leisure, Ltd. (I)	1,773		76,186
Stewart Enterprises, Inc., Class A	10,235		50,152
Universal Technical Institute, Inc. (I)(L)	2,458		62,089

			1,419,139
Hotels, Restaurants & Leisure - 2.49%
AFC Enterprises, Inc. (I)	3,572		28,933
Ambassadors Group, Inc.	2,436		27,502
Ameristar Casinos, Inc.	3,272		49,374
Bally Technologies, Inc. (I)	6,662		275,873
BJ’s Restaurants, Inc. (I)	2,441		52,237
Bob Evans Farms, Inc.	3,768		107,426
Buffalo Wild Wings, Inc. (I)(L)	2,215		97,349
California Pizza Kitchen, Inc. (I)	2,508		38,974
Carrols Restaurant Group, Inc. (I)	1,793		11,386
CEC Entertainment, Inc. (I)	2,859		100,208
Churchill Downs, Inc.	1,187		42,233
CKE Restaurants, Inc.	6,254		71,108
Cracker Barrel Old Country Store, Inc.	2,792		121,955
Denny’s Corp. (I)	13,216		36,344
DineEquity, Inc. (I)(L)	2,243		65,810


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Hotels, Restaurants & Leisure (continued)
Domino’s Pizza, Inc. (I)	4,788	$	59,802
Gaylord Entertainment Company (I)	4,963		111,717
Great Wolf Resorts, Inc. (I)	4,342		10,768
Interval Leisure Group, Inc. (I)	4,915		70,579
Isle of Capri Casinos, Inc. (I)	2,169		16,224
Jack in the Box, Inc. (I)	7,002		147,882
Krispy Kreme Doughnuts, Inc. (I)	7,720		27,097
Landry’s Restaurants, Inc. (I)	981		20,003
Life Time Fitness, Inc. (I)(L)	4,972		126,090
Marcus Corp.	2,657		32,442
McCormick & Schmick’s Seafood
Restaurants, Inc. (I)	2,315		18,404
Monarch Casino & Resort, Inc. (I)	1,562		12,074
Morgans Hotel Group Company (I)	3,381		14,335
Multimedia Games, Inc. (I)	3,646		16,662
O’Charley’s, Inc. (I)	2,429		19,651
Orient Express Hotels, Ltd., Class A (I)(L)	9,604		109,774
P.F. Chang’s China Bistro, Inc. (I)(L)	2,931		124,392
Papa John’s International, Inc. (I)	2,702		65,956
Peets Coffee & Tea, Inc. (I)(L)	1,442		52,431
Pinnacle Entertainment, Inc. (I)	7,633		55,187
Red Lion Hotels Corp. (I)	2,168		13,702
Red Robin Gourmet Burgers, Inc. (I)	2,064		40,929
Ruby Tuesday, Inc. (I)	8,133		65,796
Ruth’s Hospitality Group, Inc. (I)	4,494		16,268
Shuffle Master, Inc. (I)	6,714		55,189
Sonic Corp. (I)	7,684		65,237
Speedway Motorsports, Inc.	1,646		28,772
Steak N Shake Company (I)(L)	159		54,391
Texas Roadhouse, Inc., Class A (I)	6,220		83,535
The Cheesecake Factory, Inc. (I)	7,378		174,490
Universal Travel Group. (I)	1,286		12,719
Vail Resorts, Inc. (I)(L)	3,596		129,492
Youbet.com, Inc. (I)	4,286		11,572

			2,990,274
Household Durables - 1.33%
American Greetings Corp., Class A	4,839		92,280
Beazer Homes USA, Inc. (I)(L)	8,062		33,538
Blyth, Inc.	773		22,293
Cavco Industries, Inc. (I)	857		30,012
CSS Industries, Inc.	1,059		17,876
Ethan Allen Interiors, Inc. (L)	3,118		49,763
Furniture Brands International, Inc. (I)	5,340		29,263
Helen of Troy, Ltd. (I)	3,664		88,559
Hooker Furniture Corp.	1,535		20,062
Hovnanian Enterprises, Inc., Class A (I)(L)	6,795		26,433
iRobot Corp. (I)(L)	2,415		39,099
La-Z-Boy, Inc. (I)	6,343		79,985
M/I Homes, Inc. (I)	2,512		32,279
Meritage Homes Corp. (I)	3,947		84,426
National Presto Industries, Inc.	570		71,911
Ryland Group, Inc. (L)	5,375		121,959
Sealy Corp. (I)	5,778		19,992
Skyline Corp.	1,099		18,738
Standard Pacific Corp. (I)	12,926		54,548
Stanley Furniture Company, Inc. (I)	1,508		12,667
Tempur-Pedic International, Inc. (I)	9,150		259,860
Tupperware Brands Corp.	7,662		358,045
Universal Electronics, Inc. (I)	1,688		38,132

			1,601,720
Internet & Catalog Retail - 0.42%
Blue Nile, Inc. (I)(L)	1,551		79,473
drugstore.com, Inc. (I)	11,223		37,148


The accompanying notes are an integral part of the financial statements.	171

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Internet & Catalog Retail (continued)
Gaiam, Inc., Class A (I)	2,373	$	16,564
HSN, Inc. (I)	4,892		105,961
NutriSystem, Inc. (L)	3,790		73,337
Orbitz Worldwide, Inc. (I)	4,602		27,382
Overstock.com, Inc. (I)(L)	2,062		25,383
PetMed Express, Inc. (L)	2,967		57,471
Shutterfly, Inc. (I)	2,630		50,470
Stamps.com, Inc. (I)	1,667		15,103
Vitacost.com Inc (I)	1,061		11,894

			500,186
Leisure Equipment & Products - 0.74%
Brunswick Corp.	10,884		125,601
Callaway Golf Company	8,129		64,463
Eastman Kodak Company (I)(L)	33,123		196,751
Jakks Pacific, Inc. (I)	3,555		43,904
Leapfrog Enterprises, Inc. (I)	4,821		26,274
Polaris Industries, Inc. (L)	3,752		171,616
Pool Corp. (L)	5,955		118,981
RC2 Corp. (I)	2,739		38,647
Smith & Wesson Holding Corp. (I)(L)	7,431		31,730
Sport Supply Group, Inc.	1,415		17,249
Steinway Musical Instruments, Inc. (I)	1,037		18,199
Sturm Ruger & Company, Inc. (L)	2,616		30,764

			884,179
Media - 1.08%
Arbitron, Inc. (L)	3,288		70,692
Ascent Media Corp., Class A (I)	1,741		45,266
Belo Corp., Class A	11,095		74,669
Carmike Cinemas, Inc. (I)	1,558		14,178
Cinemark Holdings, Inc.	3,888		62,636
CKX, Inc. (I)	7,216		30,091
Dolan Media Company (I)	3,749		39,065
EW Scripps Company (I)	3,612		27,523
Fisher Communications, Inc. (I)	852		12,107
Global Sources, Ltd. (I)	2,170		13,584
Harte-Hanks, Inc.	4,669		55,514
Journal Communications, Inc. (I)	5,366		20,069
Knology, Inc. (I)	3,761		43,063
LIN TV Corp. (I)	3,690		18,856
Live Nation Entertainment, Inc. (I)	17,304		224,779
LodgeNet Entertainment Corp. (I)	2,701		16,854
Martha Stewart Living Omnimedia,
Inc., Class A (I)(L)	3,629		19,415
Mediacom Communications Corp., Class A (I)	5,269		24,448
National CineMedia, Inc.	5,267		84,746
Outdoor Channel Holdings, Inc. (I)	1,999		11,414
Playboy Enterprises, Inc., Class B (I)	3,088		10,098
RCN Corp. (I)	4,680		51,386
Rentrak Corp. (I)	1,274		23,340
Scholastic Corp.	2,705		79,527
Sinclair Broadcast Group, Inc., Class A (I)	5,724		28,734
Valassis Communications, Inc. (I)	5,926		151,824
World Wrestling Entertainment,
Inc., Class A (L)	2,801		47,757

			1,301,635
Multiline Retail - 0.35%
99 Cents Only Stores (I)	5,781		95,387
Dillard’s, Inc., Class A (L)	6,279		105,927
Fred’s, Inc., Class A	5,080		52,578
Retail Ventures, Inc. (I)	3,143		28,098
Saks, Inc. (I)(L)	15,571		108,686


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Multiline Retail (continued)
Tuesday Morning Corp. (I)	4,238	$	24,199

			414,875
Specialty Retail - 3.29%
Americas Car Mart, Inc. (I)	1,286		34,002
AnnTaylor Stores Corp. (I)(L)	7,218		124,222
Asbury Automotive Group, Inc. (I)	4,068		47,311
Bebe Stores, Inc.	3,047		25,686
Big 5 Sporting Goods Corp.	2,713		41,455
Brown Shoe Company, Inc.	5,222		72,220
Build A Bear Workshop, Inc. (I)	2,518		15,234
Cabela’s, Inc. (I)(L)	4,952		76,558
Cato Corp., Class A	3,414		66,914
Charming Shoppes, Inc. (I)	14,271		84,912
Children’s Place Retail Stores, Inc. (I)(L)	2,715		103,740
Christopher & Banks Corp.	4,615		32,028
Citi Trends, Inc. (I)	1,821		54,157
Coldwater Creek, Inc. (I)	7,303		37,903
Collective Brands, Inc. (I)	7,867		177,794
Destination Maternity Corp. (I)	687		15,540
Dress Barn, Inc. (I)	6,906		171,683
DSW, Inc., Class A (I)(L)	1,534		41,311
Genesco, Inc. (I)	2,791		66,789
Group 1 Automotive, Inc. (I)	2,995		83,171
Gymboree Corp. (I)(L)	3,563		154,991
Haverty Furniture Companies, Inc.	2,352		31,235
hhgregg, Inc. (I)	1,601		33,413
Hibbett Sports, Inc. (I)(L)	3,545		81,570
Hot Topic, Inc. (I)	5,705		36,911
J. Crew Group, Inc. (I)(L)	6,158		259,129
Jo-Ann Stores, Inc. (I)	3,262		123,467
Jos. A. Bank Clothiers, Inc. (I)(L)	2,244		100,374
Kirklands, Inc. (I)	1,595		26,413
Lithia Motors, Inc., Class A (I)	2,601		16,594
Lumber Liquidators Holdings, Inc. (I)	1,775		39,370
Midas, Inc. (I)	2,083		18,893
Monro Muffler Brake, Inc.	2,042		71,184
New York & Company, Inc. (I)	3,284		12,184
OfficeMax, Inc. (I)	9,444		150,821
Pacific Sunwear of California, Inc. (I)	8,316		37,256
Pier 1 Imports, Inc. (I)	13,561		82,858
Rent-A-Center, Inc. (I)	8,098		180,100
Rex Stores Corp. (I)	1,150		20,838
Rue21, Inc. (I)	822		23,624
Sally Beauty Holdings, Inc. (I)(L)	11,682		95,676
Shoe Carnival, Inc. (I)	1,159		21,129
Sonic Automotive, Inc. (L)	3,905		40,222
Stage Stores, Inc.	4,704		62,563
Stein Mart, Inc. (I)	3,175		25,940
Systemax, Inc.	1,330		21,679
Talbots, Inc. (I)(L)	3,110		33,712
The Buckle, Inc. (L)	3,122		91,381
The Finish Line, Inc. (L)	5,235		63,291
The Men’s Wearhouse, Inc.	6,391		136,512
The Pep Boys - Manny, Moe & Jack	6,113		58,074
The Wet Seal, Inc., Class A (I)	12,346		49,507
Tractor Supply Company	4,367		238,962
Ulta Salon, Cosmetics & Fragrance, Inc. (I)	3,417		62,634
Vitamin Shoppe, Inc. (I)	1,144		22,731
West Marine, Inc. (I)	2,069		19,511
Zumiez, Inc. (I)(L)	2,561		36,725

			3,954,104
Textiles, Apparel & Luxury Goods - 2.19%
American Apparel, Inc. (I)(L)	4,316		12,128


The accompanying notes are an integral part of the financial statements.	172

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Textiles, Apparel & Luxury Goods (continued)
Carter’s, Inc. (I)	6,951	$	199,216
Cherokee, Inc.	1,068		18,263
Columbia Sportswear Company (L)	1,335		61,196
Crocs, Inc. (I)	10,409		73,383
Deckers Outdoor Corp. (I)	1,609		193,402
FGX International Holdings, Ltd. (I)	1,870		36,895
Fossil, Inc. (I)	5,719		207,314
Fuqi International, Inc. (I)(L)	1,550		28,598
G-III Apparel Group, Ltd. (I)	1,637		34,328
Iconix Brand Group, Inc. (I)	8,801		114,677
Jones Apparel Group, Inc.	10,488		176,828
K-Swiss, Inc., Class A (I)	3,331		31,112
Liz Claiborne, Inc. (I)(L)	11,838		81,801
Lululemon Athletica, Inc. (I)(L)	4,986		142,849
Maidenform Brands, Inc. (I)	2,371		40,829
Movado Group, Inc. (L)	2,159		27,635
Oxford Industries, Inc.	1,598		31,097
Perry Ellis International, Inc. (I)	1,233		24,130
Quiksilver, Inc. (I)	16,434		42,235
Skechers U.S.A., Inc., Class A (I)	4,066		124,948
Steven Madden, Ltd. (I)	1,916		80,491
The Warnaco Group, Inc. (I)	5,574		232,659
Timberland Company, Class A (I)	5,312		98,219
True Religion Apparel, Inc. (I)(L)	3,161		77,634
Under Armour, Inc., Class A (I)(L)	4,061		105,830
Unifi, Inc. (I)	6,004		22,635
Unifirst Corp.	1,711		89,930
Volcom, Inc. (I)	2,356		38,026
Weyco Group, Inc.	942		21,685
Wolverine World Wide, Inc.	5,973		164,676

			2,634,649

			16,795,179
Consumer Staples - 3.39%
Beverages - 0.14%
Boston Beer Company, Inc. (I)	1,074		50,822
Coca-Cola Bottling Company	560		31,164
Heckmann Corp. (I)(L)	11,162		66,749
National Beverage Corp.	1,347		15,356

			164,091
Food & Staples Retailing - 0.81%
Andersons, Inc.	2,277		73,547
Arden Group, Inc.	156		15,834
Casey’s General Stores, Inc.	6,121		186,140
Diedrich Coffee, Inc. (I)	398		13,771
Great Atlantic & Pacific Tea
Company, Inc. (I)(L)	4,182		30,403
Ingles Markets, Inc.	1,787		25,179
Nash Finch Company	1,625		57,314
Pantry, Inc. (I)	2,873		37,636
PriceSmart, Inc.	1,980		42,095
Ruddick Corp.	5,143		150,690
Spartan Stores, Inc.	2,922		40,966
Susser Holdings Corp. (I)	1,192		9,989
United Natural Foods, Inc. (I)	5,264		154,604
Village Super Market, Inc.	806		19,949
Weis Markets, Inc.	1,233		43,032
Winn-Dixie Stores, Inc. (I)	6,708		73,386

			974,535
Food Products - 1.35%
AgFeed Industries, Inc. (I)(L)	3,592		15,841
Alico, Inc.	562		14,590
American Dairy, Inc. (I)(L)	1,255		27,296


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Food Products (continued)
American Italian Pasta Company, Class A (I)	2,586	$	100,337
B&G Foods, Inc.	3,714		34,577
Cal-Maine Foods, Inc.	1,684		53,989
Calavo Growers, Inc.	1,360		24,058
Chiquita Brands International, Inc. (I)(L)	5,546		80,750
Darling International, Inc. (I)	10,266		82,744
Diamond Foods, Inc.	2,052		71,512
Dole Food Company, Inc. (I)(L)	4,476		52,503
Farmer Brothers Company	957		17,236
Fresh Del Monte Produce, Inc. (I)	5,005		97,147
Griffin Land & Nurseries, Inc.	559		16,054
Hain Celestial Group, Inc. (I)(L)	5,039		79,969
HQ Sustainable Maritime Industries, Inc. (I)	1,548		11,393
Imperial Sugar Company	1,659		24,835
J & J Snack Foods Corp.	1,739		74,273
Lancaster Colony Corp.	2,293		131,939
Lance, Inc.	3,411		73,985
Omega Protein Corp. (I)	2,932		12,520
Overhill Farms, Inc. (I)	2,505		14,153
Sanderson Farms, Inc.	2,505		122,645
Seneca Foods Corp., Class A (I)	1,272		33,263
Smart Balance, Inc. (I)	7,994		40,050
Synutra International, Inc. (I)(L)	2,062		33,714
Tootsie Roll Industries, Inc. (L)	2,867		78,011
TreeHouse Foods, Inc. (I)(L)	3,865		166,311
Zhongpin, Inc. (I)	3,061		37,681

			1,623,376
Household Products - 0.13%
Central Garden & Pet Company, Class A (I)	7,698		73,516
Orchids Paper Products Company (I)	857		13,909
WD-40 Company	2,041		63,924

			151,349
Personal Products - 0.72%
American Oriental Bioengineering, Inc. (I)(L)	8,101		33,619
Bare Escentuals, Inc. (I)	8,184		148,785
Chattem, Inc. (I)	2,400		224,352
China Sky One Medical, Inc. (I)(L)	1,364		21,183
China-Biotics, Inc. (I)	1,239		20,989
Elizabeth Arden, Inc. (I)	3,075		55,412
Inter Parfums, Inc.	1,863		25,300
Medifast, Inc. (I)(L)	1,628		34,416
Nu Skin Enterprises, Inc., Class A	6,036		161,282
Nutraceutical International Corp. (I)	1,621		20,830
Prestige Brands Holdings, Inc. (I)	4,558		36,601
Revlon, Inc. (I)(L)	2,484		37,235
Schiff Nutrition International, Inc.	1,696		13,263
The Female Health Company	2,318		13,097
USANA Health Sciences, Inc. (I)	843		23,343

			869,707
Tobacco - 0.24%
Alliance One International, Inc. (I)(L)	11,310		58,020
Universal Corp.	3,075		163,129
Vector Group, Ltd. (L)	4,916		70,938

			292,087

			4,075,145
Energy - 5.07%
Energy Equipment & Services - 1.68%
Allis-Chalmers Energy, Inc. (I)(L)	7,818		29,552
Basic Energy Services, Inc. (I)	3,003		28,378
Bolt Technology Corp. (I)	1,364		14,404
Boots & Coots, Inc. (I)	11,193		20,259


The accompanying notes are an integral part of the financial statements.	173

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Energy Equipment & Services (continued)
Bristow Group, Inc. (I)	4,442	$	160,845
Bronco Drilling Company, Inc. (I)	3,190		15,440
Cal Dive International, Inc. (I)	5,574		39,297
Cameron International Corp. (I)	266		10,941
CARBO Ceramics, Inc.	2,345		143,115
Complete Production Services, Inc. (I)	7,233		100,973
Dawson Geophysical Company (I)	1,041		29,741
Dril-Quip, Inc. (I)	3,514		192,286
Global Industries, Ltd. (I)	12,288		82,944
Gulf Islands Fabrication, Inc.	1,561		31,142
Gulfmark Offshore, Inc., Class A (I)	2,799		68,855
Hercules Offshore, Inc. (I)(L)	14,339		52,481
Hornbeck Offshore Services, Inc. (I)	2,851		53,827
ION Geophysical Corp. (I)	13,194		60,429
Key Energy Services, Inc. (I)	15,193		154,057
Lufkin Industries, Inc.	1,804		131,782
Matrix Service Company (I)	3,453		36,947
Natural Gas Services Group, Inc. (I)	1,597		24,466
Newpark Resources, Inc. (I)	11,405		58,964
OYO Geospace Corp. (I)	530		22,822
Parker Drilling Company (I)	14,442		74,087
PHI, Inc. (I)	1,764		34,433
Pioneer Drilling Company (I)	5,601		39,991
RPC, Inc. (L)	3,435		42,457
Superior Well Services, Inc. (I)(L)	2,267		40,557
T-3 Energy Services, Inc. (I)	1,584		37,604
TetraTechnologies, Inc. (I)	9,309		93,835
Vantage Drilling Company (I)	9,003		12,784
Willbros Group, Inc. (I)	4,893		73,884

			2,013,579
Oil, Gas & Consumable Fuels - 3.39%
Apco Oil and Gas International, Inc.	1,022		22,566
Approach Resources, Inc. (I)	1,856		15,423
Arena Resources, Inc. (I)	4,664		193,230
Atlas Energy, Inc. (I)	8,267		269,835
ATP Oil & Gas Corp. (I)(L)	4,921		88,873
Berry Petroleum Company, Class A (L)	5,260		140,968
Bill Barrett Corp. (I)(L)	4,687		158,936
BPZ Energy, Inc. (I)(L)	11,396		89,117
Brigham Exploration Company (I)(L)	12,364		203,017
Carrizo Oil & Gas, Inc. (I)(L)	3,467		82,965
Cheniere Energy, Inc. (I)(L)	8,210		24,466
Clayton Williams Energy, Inc. (I)	774		28,862
Clean Energy Fuels Corp. (I)(L)	4,428		79,881
Cloud Peak Energy, Inc. (I)(L)	3,813		57,996
Contango Oil & Gas Company (I)	1,478		76,206
Crosstex Energy, Inc. (I)	5,289		40,884
CVR Energy, Inc. (I)	3,011		24,750
Delek US Holdings, Inc.	1,798		13,071
Delta Petroleum Corp. (I)	23,627		33,078
DHT Maritime, Inc.	6,802		23,943
Endeavour International Corp. (I)(L)	16,194		19,919
FX Energy, Inc. (I)	6,347		20,755
General Maritime Corp.	6,251		45,195
Georesources, Inc. (I)	1,051		14,083
GMX Resources, Inc. (I)(L)	3,926		36,119
Golar LNG, Ltd. (I)	4,021		45,035
Goodrich Petroleum Corp. (I)(L)	3,036		58,504
Gran Tierra Energy, Inc. (I)	24,976		137,118
Green Plains Renewable Energy, Inc. (I)	1,224		20,759
Gulfport Energy Corp. (I)	3,293		29,966
Harvest Natural Resources, Inc. (I)	4,376		23,368
International Coal Group, Inc. (I)(L)	11,462		49,974
James River Coal Company (I)	3,465		55,128


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Knightsbridge Tankers, Ltd.	2,389	$	36,814
McMoran Exploration Company (I)	9,482		163,849
Nordic American Tanker Shipping, Ltd.	5,743		166,892
Northern Oil And Gas, Inc. (I)	4,440		54,878
Oilsands Quest, Inc. (I)	28,278		19,229
Panhandle Oil and Gas, Inc.	985		26,753
Patriot Coal Corp. (I)(L)	9,130		152,106
Penn Virginia Corp.	5,608		141,882
Petroleum Development Corp. (I)	2,440		57,364
Petroquest Energy, Inc. (I)	6,512		34,904
Rex Energy Corp. (I)	3,772		52,204
Rosetta Resources, Inc. (I)	6,423		120,303
Ship Finance International, Ltd. (L)	5,449		86,639
Stone Energy Corp. (I)(L)	5,162		88,012
Swift Energy Company (I)	4,626		137,809
Syntroleum Corp. (I)	8,646		19,799
Toreador Resources Corp. (I)	2,811		24,765
Uranerz Energy Corp. (I)	7,383		13,732
Uranium Energy Corp. (I)(L)	7,300		26,718
USEC, Inc. (I)	14,328		62,470
VAALCO Energy, Inc.	7,612		32,503
Venoco, Inc. (I)	2,310		26,519
W&T Offshore, Inc. (L)	4,267		37,592
Warren Resources, Inc. (I)	9,633		22,541
Western Refining, Inc. (I)(L)	5,316		23,071
Westmoreland Coal Company (I)	1,672		18,542
World Fuel Services Corp.	7,235		191,149
Zion Oil & Gas, Inc. (I)(L)	2,040		12,689

			4,075,718

			6,089,297
Financials - 20.29%
Commercial Banks - 5.98%
1st Source Corp.	1,894		28,277
Alliance Financial Corp.	705		18,936
American National Bankshares, Inc. (L)	1,074		21,491
Ameris Bancorp (L)	2,056		19,532
Ames National Corp.	842		15,585
Arrow Financial Corp.	1,295		32,764
BancFirst Corp.	822		32,798
Banco Latinoamericano de Exportaciones SA	3,540		50,020
Bancorp Rhode Island, Inc.	771		21,935
Bancorp, Inc. (I)	2,965		20,844
Bank of Marin Bancorp	799		25,584
Bank of the Ozarks, Inc.	1,662		51,057
Bar Harbor Bankshares	505		13,509
Boston Private Financial Holdings, Inc.	8,698		59,581
Bridge Bancorp, Inc.	905		20,761
Bryn Mawr Bank Corp.	1,258		21,864
Camden National Corp.	1,060		31,980
Cape Bancorp, Inc. (I)	2,587		18,807
Capital City Bank Group, Inc.	1,695		21,832
Cardinal Financial Corp.	3,864		37,519
Cathay General Bancorp	7,935		77,208
Center Bancorp, Inc. (L)	2,156		18,240
Centerstate Banks, Inc.	2,600		27,924
Chemical Financial Corp.	2,663		54,858
Citizens & Northern Corp.	1,501		16,736
Citizens Holding Company	624		14,134
City Holding Company (L)	2,016		64,693
CNB Financial Corp.	1,225		20,017
CoBiz Financial, Inc. (L)	4,361		25,774
Columbia Banking System, Inc.	3,533		72,285
Community Bank Systems, Inc.	4,130		92,553


The accompanying notes are an integral part of the financial statements.	174

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Commercial Banks (continued)
Community Trust Bancorp, Inc.	2,006	$	51,173
CVB Financial Corp. (L)	10,629		98,850
Eagle Bancorp, Inc. (I)	2,206		25,832
East West Bancorp, Inc.	11,316		198,256
Enterprise Financial Services Corp. (L)	1,973		16,909
Financial Institutions, Inc.	1,277		16,907
First Bancorp (L)	1,985		28,028
First Bancorp, Inc.	1,074		15,219
First BanCorp/Puerto Rico (L)	10,896		23,100
First Busey Corp. (L)	5,897		22,173
First Commonwealth Financial Corp.	10,964		61,508
First Community Bancshares, Inc.	1,936		22,264
First Financial BanCorp	6,401		118,803
First Financial Bankshares, Inc. (L)	2,493		130,509
First Financial Corp. (L)	1,385		36,398
First Merchants Corp.	3,287		19,032
First Midwest Bancorp, Inc. (L)	9,286		126,197
First of Long Island Corp.	818		20,556
First South Bancorp, Inc. (L)	990		10,613
FirstMerit Corp.	10,047		212,394
FNB Corp. (L)	14,275		108,490
German American Bancorp (L)	1,506		23,840
Glacier Bancorp, Inc. (L)	7,652		110,954
Great Southern Bancorp, Inc. (L)	1,357		31,007
Hancock Holding Company	3,440		138,701
Harleysville National Corp. (L)	5,745		37,974
Heartland Financial USA, Inc. (L)	1,878		27,269
Heritage Financial Corp. (I)	1,470		21,741
Home Bancorp, Inc. (I)	1,386		16,895
Home Bancshares, Inc. (L)	2,211		53,683
IBERIABANK Corp.	2,528		144,374
Independent Bank Corp.	2,668		65,579
International Bancshares Corp.	6,460		136,952
Investors Bancorp, Inc. (I)	5,865		75,483
Lakeland Bancorp, Inc. (L)	3,050		23,241
Lakeland Financial Corp.	2,083		36,682
MainSource Financial Group, Inc.	2,740		17,509
MB Financial, Inc.	6,222		126,618
Metro Bancorp, Inc. (I)	1,443		17,489
Nara Bancorp, Inc. (I)	4,170		36,821
National Bankshares, Inc. (L)	1,023		27,713
National Penn Bancshares, Inc.	15,902		109,565
NBT Bancorp, Inc.	4,252		90,312
Northfield Bancorp, Inc. (L)	2,469		34,591
Northrim Bancorp, Inc.	1,151		18,312
Old National Bancorp	10,794		122,620
Oriental Financial Group, Inc.	3,166		34,953
Orrstown Financial Services, Inc.	628		22,118
Pacific Continental Corp.	2,594		26,199
PacWest Bancorp (L)	3,348		67,964
Park National Corp. (L)	1,368		72,983
Peapack Gladstone Financial Corp.	1,112		14,022
Penns Woods Bancorp, Inc.	686		22,213
Peoples Bancorp, Inc.	1,717		24,690
Pinnacle Financial Partners, Inc. (I)(L)	4,207		63,568
PrivateBancorp, Inc.	6,718		87,334
Prosperity Bancshares, Inc. (L)	5,609		234,624
Renasant Corp. (L)	2,808		42,850
Republic Bancorp, Inc., Class A	1,265		21,341
S & T Bancorp, Inc. (L)	3,020		53,545
S.Y. Bancorp, Inc. (L)	1,420		31,169
Sandy Spring Bancorp, Inc.	2,395		33,865
SCBT Financial Corp.	1,668		60,648
Shore Bancshares, Inc.	1,370		15,508
Sierra Bancorp (L)	1,415		14,645


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Commercial Banks (continued)
Signature Bank (I)	4,933	$	183,656
Simmons First National Corp., Class A	2,074		55,085
Southside Bancshares, Inc.	1,757		35,193
Southwest Bancorp, Inc.	2,092		16,359
State Bancorp, Inc.	2,190		15,878
StellarOne Corp.	3,137		37,111
Sterling Bancorp	2,936		24,046
Sterling Bancshares, Inc.	10,512		49,617
Suffolk Bancorp (L)	1,323		37,679
Susquehanna Bancshares, Inc. (L)	11,043		92,209
SVB Financial Group (I)(L)	5,093		226,944
Texas Capital Bancshares, Inc. (I)	4,496		75,758
Tompkins Trustco, Inc. (L)	1,191		42,709
Tower Bancorp, Inc.	741		19,133
TowneBank/Portsmouth VA (L)	2,850		34,970
TriCo Bancshares	1,888		34,513
Trustmark Corp.	7,866		179,345
UMB Financial Corp.	3,872		148,336
Umpqua Holdings Corp. (L)	10,741		134,048
Union First Market Bankshares Corp.	2,545		31,838
United Bankshares, Inc. (L)	4,783		117,757
United Community Banks, Inc. (I)	10,665		44,260
United Security Bancshares, Inc. (L)	969		13,954
Univest Corp. of Pennsylvania	2,185		37,953
Washington Banking Company	1,691		20,241
Washington Trust Bancorp, Inc. (L)	1,959		33,362
Webster Financial Corp.	8,509		136,144
WesBanco, Inc.	3,082		46,692
WestAmerica Bancorp (L)	3,504		192,300
Western Alliance Bancorp (I)	6,143		35,384
Wilshire Bancorp, Inc.	2,671		25,107
Wintrust Financial Corp.	2,982		101,507

			7,181,561
Consumer Finance - 0.50%
Advance America Cash Advance Centers, Inc.	5,897		36,974
Cardtronics, Inc. (I)	1,670		16,500
Cash America International, Inc.	3,657		140,173
Credit Acceptance Corp. (I)	720		28,922
Dollar Financial Corp. (I)	2,993		67,163
EZCORP, Inc., Class A (I)	5,602		110,527
First Cash Financial Services, Inc. (I)	2,863		60,753
First Marblehead Corp. (I)	8,360		19,730
Nelnet, Inc., Class A	2,434		38,262
World Acceptance Corp. (I)	2,032		84,917

			603,921
Diversified Financial Services - 3.00%
Allied Capital Corp. (I)	22,172		92,236
American Capital, Ltd. (I)	34,747		149,412
Apollo Investment Corp.	19,956		232,687
Ares Capital Corp. (L)	13,569		177,347
Artio Global Investors, Inc.	3,383		82,478
Asset Acceptance Capital Corp. (I)	2,036		11,544
BGC Partners, Inc., Class A	6,150		30,504
BlackRock Kelso Capital Corp.	1,709		15,808
Broadpoint Gleacher Securities, Inc. (I)	6,599		26,462
Calamos Asset Management, Inc.	2,577		34,377
Capital Southwest Corp.	376		32,810
Cohen & Steers, Inc. (L)	2,121		46,153
Compass Diversified Trust	3,008		40,247
Cowen Group, Inc., Class A (I)	1,880		10,227
Diamond Hill Investment Group, Inc.	312		19,918
Duff & Phelps Corp.	2,051		34,211
E*TRADE Financial Corp. (I)	196,908		317,003


The accompanying notes are an integral part of the financial statements.	175

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Diversified Financial Services (continued)
Encore Capital Group, Inc. (I)	1,737	$	31,335
Epoch Holding Corp.	1,724		17,499
Evercore Partners, Inc., Class A	1,783		53,686
FBR Capital Markets Corp. (I)	2,339		12,654
Fifth Street Finance Corp.	4,683		53,058
GAMCO Investors, Inc., Class A	905		39,377
GFI Group, Inc.	8,146		44,884
Gladstone Capital Corp.	2,964		28,929
Gladstone Investment Corp.	3,508		18,838
Harris & Harris Group, Inc. (I)	3,719		16,884
Hercules Technology Growth Capital, Inc.	4,496		44,241
International Assets Holding Corp. (I)	1,672		26,100
JMP Group, Inc.	1,985		15,324
Kayne Anderson Energy Development Fund	1,488		22,424
KBW, Inc. (I)(L)	4,289		101,907
Knight Capital Group, Inc. (I)	11,379		183,657
Kohlberg Capital Corp.	2,693		12,172
LaBranche & Company, Inc. (I)	7,622		35,747
Life Partners Holdings, Inc. (L)	962		19,798
Main Street Capital Corp. (L)	1,104		15,953
MarketAxess Holdings, Inc.	3,817		57,102
MCG Capital Corp. (I)	8,288		42,435
Medallion Financial Corp.	2,543		20,573
MF Global Holdings, Ltd. (I)	11,969		82,825
MVC Capital, Inc.	2,836		35,365
NewStar Financial, Inc. (I)	3,994		25,002
NGP Capital Resources Company	3,039		25,011
Oppenheimer Holdings, Inc., Class A	1,194		29,862
OptionsXpress Holdings, Inc.	5,195		82,133
PennantPark Investment Corp.	3,333		33,997
Penson Worldwide, Inc. (I)(L)	2,488		23,412
PHH Corp. (I)(L)	6,736		124,683
PICO Holdings, Inc. (I)	2,769		94,257
Piper Jaffray Companies, Inc. (I)	2,418		104,675
Portfolio Recovery Associates, Inc. (I)	1,905		101,594
Prospect Capital Corp. (L)	7,641		88,788
Riskmetrics Group, Inc. (I)	2,705		50,394
Safeguard Scientifics, Inc. (I)	2,730		32,050
Sanders Morris Harris Group, Inc.	2,782		14,411
Stifel Financial Corp. (I)	3,666		200,530
SWS Group, Inc.	3,046		36,704
Teton Advisors, Inc., Class A	20		220
Thomas Weisel Partners Group, Inc. (I)	3,079		12,408
TICC Capital Corp.	3,792		22,828
Tradestation Group, Inc. (I)	4,218		29,104
Triangle Capital Corp.	1,424		18,740
U.S. Global Investors, Inc.	1,688		16,340
Virtus Investment Partners, Inc. (I)	868		17,707
Westwood Holdings Group, Inc.	739		28,621

			3,599,662
Insurance - 3.07%
Ambac Financial Group, Inc. (I)(L)	37,073		26,322
American Equity Investment Life
Holding Company	7,510		66,088
American Physicians Capital, Inc.	1,164		33,081
American Physicians Service Group, Inc.	1,003		23,540
American Safety Insurance Holdings, Ltd. (I)	1,311		18,616
AMERISAFE, Inc. (I)	2,426		41,751
Amtrust Financial Services, Inc.	2,872		40,696
Argo Group International Holdings, Ltd.	3,793		105,559
Assured Guaranty, Ltd. (L)	15,324		323,336
Baldwin & Lyons, Inc., Class B	1,125		27,203
Citizens, Inc., Class A (I)	4,090		26,503
CNA Surety Corp. (I)	2,112		34,045


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Insurance (continued)
Conseco, Inc. (I)	31,566	$	157,199
Crawford & Company, Class B (I)	3,110		11,911
Delphi Financial Group, Inc.	5,701		121,602
Donegal Group, Inc.	1,471		21,638
eHealth, Inc. (I)	2,980		49,766
EMC Insurance Group, Inc.	740		14,992
Employers Holdings, Inc.	5,482		72,253
Enstar Group, Ltd. (I)	812		51,164
FBL Financial Group, Inc., Class A	1,678		34,097
First Mercury Financial Corp.	2,007		28,560
Flagstone Reinsurance Holdings, Ltd.	4,895		55,999
FPIC Insurance Group, Inc. (I)	954		35,174
Greenlight Capital Re, Ltd., Class A (I)	3,474		87,962
Harleysville Group, Inc.	1,572		52,741
Hilltop Holdings, Inc. (I)	4,845		57,946
Horace Mann Educators Corp.	4,928		66,232
Infinity Property & Casualty Corp.	1,696		69,112
Kansas City Life Insurance Company	626		18,336
Maiden Holdings, Ltd.	6,271		44,022
Max Capital Group, Ltd.	5,625		135,788
Meadowbrook Insurance Group, Inc.	7,282		51,557
Mercer Insurance Group, Inc.	1,005		18,060
Montpelier Re Holdings, Ltd.	10,533		186,855
National Financial Partners Corp. (I)	5,189		59,622
National Interstate Corp.	845		14,804
National Western Life Insurance
Company, Class A	274		46,002
Navigators Group, Inc. (I)	1,519		57,525
Phoenix Companies, Inc. (I)	14,800		35,076
Platinum Underwriters Holdings, Ltd.	6,196		231,668
PMA Capital Corp., Class A (I)	4,406		25,026
Presidential Life Corp.	2,996		29,361
ProAssurance Corp. (I)	3,971		211,734
RLI Corp.	2,234		119,050
Safety Insurance Group, Inc.	1,651		61,318
SeaBright Insurance Holdings, Inc. (I)	2,896		30,437
Selective Insurance Group, Inc.	6,525		105,770
State Auto Financial Corp.	1,806		33,122
Stewart Information Services Corp.	2,353		33,083
Tower Group, Inc.	5,374		122,366
United America Indemnity, Ltd. (I)	4,882		39,495
United Fire & Casualty Company	2,798		47,566
Zenith National Insurance Corp.	4,548		173,233

			3,685,964
Real Estate Investment Trusts - 6.21%
Acadia Realty Trust	5,021		84,001
Agree Realty Corp.	1,017		22,435
Alexander’s, Inc. (I)	251		73,292
American Campus Communities, Inc.	6,438		177,946
American Capital Agency Corp.	1,974		49,982
Anworth Mortgage Asset Corp.	13,423		90,739
Apollo Commercial Real Estate
Finance, Inc. (I)	1,394		24,730
Ashford Hospitality Trust, Inc. (I)(L)	6,918		37,911
Associated Estates Realty Corp.	2,220		27,484
BioMed Realty Trust, Inc.	12,125		187,331
Capital Lease Funding, Inc.	6,465		28,446
Capstead Mortage Corp.	8,550		106,362
CBL & Associates Properties, Inc. (L)	17,054		202,772
Cedar Shopping Centers, Inc.	5,204		34,294
Cogdell Spencer, Inc.	4,183		28,235
Colonial Properties Trust	8,305		97,916
Colony Financial, Inc.	1,847		36,829
Cousins Properties, Inc.	9,357		67,277


The accompanying notes are an integral part of the financial statements.	176

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Real Estate Investment Trusts (continued)
Crexus Investment Corp. (I)	1,819	$	25,157
Cypress Sharpridge Investments, Inc.	2,207		29,199
DCT Industrial Trust, Inc.	25,497		125,445
Developers Diversified Realty Corp.	20,209		214,417
DiamondRock Hospitality Company (I)	14,920		133,385
DuPont Fabros Technology, Inc.	3,273		64,151
EastGroup Properties, Inc.	3,125		112,188
Education Realty Trust, Inc.	7,540		41,093
Entertainment Properties Trust	5,198		198,668
Equity Lifestyle Properties, Inc.	3,116		154,990
Equity One, Inc. (L)	3,998		73,843
Extra Space Storage, Inc.	10,746		121,215
FelCor Lodging Trust, Inc. (I)	8,492		32,015
First Industrial Realty Trust, Inc. (I)(L)	7,066		39,075
First Potomac Realty Trust	3,537		48,386
Franklin Street Properties Corp. (L)	8,273		107,301
Getty Realty Corp.	2,223		49,106
Gladstone Commercial Corp.	1,610		22,508
Glimcher Realty Trust	8,541		36,726
Government Properties Income Trust	2,008		47,288
Gramercy Capital Corp. (I)	5,614		21,445
Hatteras Financial Corp.	4,437		115,229
Healthcare Realty Trust, Inc.	7,296		152,413
Hersha Hospitality Trust	12,488		51,825
Highwoods Properties, Inc.	8,684		252,270
Home Properties, Inc.	4,059		185,902
Inland Real Estate Corp.	8,958		75,247
Invesco Mortgage Capital, Inc.	2,102		47,715
Investors Real Estate Trust	9,315		83,276
iStar Financial, Inc. (I)(L)	12,944		50,093
Kilroy Realty Corp. (L)	5,351		151,594
Kite Realty Group Trust	6,280		25,811
LaSalle Hotel Properties	7,855		152,466
Lexington Corporate Property Trust	11,471		68,252
LTC Properties, Inc.	2,834		73,911
Medical Properties Trust, Inc. (L)	10,107		104,001
MFA Mortgage Investments, Inc.	34,483		249,657
Mid-America Apartment Communities, Inc.	3,467		180,076
Mission West Properties, Inc.	3,318		22,695
Monmouth Real Estate Investment Corp.	3,481		25,759
National Health Investments, Inc.	3,149		109,617
National Retail Properties, Inc.	9,789		207,723
NorthStar Realty Finance Corp. (L)	8,076		34,485
OMEGA Healthcare Investors, Inc.	10,137		192,299
One Liberty Properties, Inc. (I)	37		364
Parkway Properties, Inc.	2,763		45,866
Pennsylvania Real Estate Investment Trust (L)	5,119		51,446
Pennymac Mortgage Investment Trust (I)	1,923		31,710
Post Properties, Inc.	6,051		116,421
Potlatch Corp. (L)	4,884		161,270
PS Business Parks, Inc.	2,172		106,428
RAIT Financial Trust (I)(L)	9,014		15,324
Ramco-Gershenson Properties Trust	3,369		33,757
Redwood Trust, Inc.	9,715		138,439
Resource Capital Corp.	3,055		19,338
Saul Centers, Inc.	850		30,328
Sovran Self Storage, Inc.	3,420		108,517
Starwood Property Trust, Inc.	5,750		107,583
Strategic Hotels & Resorts, Inc. (I)	10,678		28,831
Sun Communities, Inc.	2,125		40,949
Sunstone Hotel Investors, Inc. (I)	12,212		109,175
Tanger Factory Outlet Centers, Inc.	4,945		206,058
U-Store-It Trust	9,948		64,761
Universal Health Realty Income Trust	1,424		48,174
Urstadt Biddle Properties, Inc.	2,593		40,892


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Real Estate Investment Trusts (continued)
Walter Investment Management Corp.	3,004	$	43,498
Washington Real Estate Investment Trust (L)	7,180		200,035
Winthrop Realty Trust	2,102		24,951

			7,462,014
Real Estate Management & Development - 0.15%
Avatar Holdings, Inc. (I)	1,191		19,199
China Housing & Land Development, Inc. (I)	3,554		15,353
Consolidated Tomoka Land Company	706		22,423
Forestar Group, Inc. (I)	4,419		78,393
Tejon Ranch Company (I)	1,381		44,744

			180,112
Thrifts & Mortgage Finance - 1.38%
Abington Bancorp, Inc.	3,786		29,114
Astoria Financial Corp.	10,736		142,467
Bank Mutual Corp.	6,348		41,199
BankFinancial Corp.	2,908		27,917
Beneficial Mutual Bancorp, Inc. (I)	4,113		38,621
Berkshire Hill Bancorp, Inc.	1,867		33,382
Brookline Bancorp, Inc.	7,475		76,843
Danvers Bancorp, Inc.	2,937		41,617
Dime Community Bancshares	3,525		42,794
ESB Financial Corp. (L)	1,647		20,637
ESSA Bancorp, Inc.	2,194		25,670
First Defiance Financial Corp.	1,312		12,910
First Financial Holdings, Inc.	2,190		26,192
First Financial Northwest, Inc.	2,866		18,744
Flushing Financial Corp.	4,025		51,077
Home Federal Bancorp, Inc.	2,342		31,219
Kearny Financial Corp.	2,267		22,738
MGIC Investment Corp. (I)(L)	15,610		119,573
NewAlliance Bancshares, Inc.	13,154		157,585
Northwest Bancshares, Inc.	4,688		55,365
OceanFirst Financial Corp.	1,497		15,299
Ocwen Financial Corp. (I)	7,060		76,319
Oritani Financial Corp.	1,435		22,730
People’s United Financial, Inc.	3,216		50,716
PMI Group, Inc. (I)	9,524		26,667
Provident Financial Services, Inc. (L)	7,544		82,682
Provident New York Bancorp	4,123		35,953
Radian Group, Inc. (L)	10,217		100,331
Roma Financial Corp.	1,349		16,485
Territorial Bancorp, Inc.	1,760		34,813
TrustCo Bank Corp. (L)	9,814		59,375
United Financial Bancorp, Inc.	2,453		32,110
ViewPoint Financial Group	1,519		22,193
Westfield Financial, Inc.	4,714		39,079
WSFS Financial Corp.	1,085		33,299

			1,663,715

			24,376,949
Health Care - 13.69%
Biotechnology - 3.75%
Acorda Therapeutics, Inc. (I)	4,685		141,393
Affymax, Inc. (I)	2,189		40,934
Alkermes, Inc. (I)	11,631		133,291
Allos Therapeutics, Inc. (I)	8,975		69,826
Alnylam Pharmaceuticals, Inc. (I)(L)	4,446		77,449
AMAG Pharmaceuticals, Inc. (I)(L)	2,632		100,516
Arena Pharmaceuticals, Inc. (I)	11,812		35,908
Ariad Pharmaceuticals, Inc. (I)	14,084		35,773
Arqule, Inc. (I)	5,710		18,786
Array BioPharma, Inc. (I)	6,891		15,436
AVI BioPharma, Inc. (I)(L)	12,721		18,318


The accompanying notes are an integral part of the financial statements.	177

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Biotechnology (continued)
Biocryst Pharmaceuticals, Inc. (I)(L)	2,717	$	17,389
BioSpecifics Technologies Corp. (I)	493		14,267
Celera Corp. (I)	10,263		61,475
Cell Therapeutics, Inc. (I)(L)	67,129		44,976
Celldex Therapeutics, Inc. (I)	3,563		18,314
Cepheid, Inc. (I)(L)	7,160		108,116
Clinical Data, Inc. (I)	1,441		26,197
Cubist Pharmaceuticals, Inc. (I)	7,096		149,300
Curis, Inc. (I)(L)	8,252		23,601
Cytokinetics, Inc. (I)	5,915		17,982
Cytori Therapeutics, Inc. (I)(L)	3,801		26,417
Dyax Corp. (I)	9,263		32,421
Emergent Biosolutions, Inc. (I)	2,112		30,962
Enzon Pharmaceuticals, Inc. (I)(L)	5,638		52,377
Exelixis, Inc. (I)	13,150		85,081
Facet Biotech Corp. (I)(L)	3,057		50,104
Genomic Health, Inc. (I)(L)	1,737		31,092
Geron Corp. (I)(L)	11,071		61,444
GTx, Inc. (I)(L)	2,601		10,404
Halozyme Therapeutics, Inc. (I)(L)	8,431		46,118
Hemispherx Biopharma, Inc. (I)(L)	15,961		10,855
Human Genome Sciences, Inc. (I)(L)	22,820		642,383
Idenix Pharmaceuticals, Inc. (I)	4,571		12,433
Idera Pharmaceuticals, Inc. (I)	2,967		14,212
Immunogen, Inc. (I)	7,091		46,872
Immunomedics, Inc. (I)(L)	8,443		31,999
Incyte Corp. (I)(L)	10,761		114,712
Infinity Pharmaceuticals, Inc. (I)(L)	2,339		14,291
Insmed, Inc. (I)	17,596		18,300
Intermune, Inc. (I)	5,590		76,807
Isis Pharmaceuticals, Inc. (I)(L)	11,465		101,351
Lexicon Genetics, Inc. (I)	13,680		24,487
Ligand Pharmaceuticals, Inc., Class B (I)	14,678		25,833
Mannkind Corp. (I)(L)	7,181		71,738
Martek Biosciences Corp. (I)(L)	4,097		81,244
Maxygen, Inc. (I)	3,414		18,299
Medivation, Inc. (I)(L)	3,518		126,683
Metabolix, Inc. (I)(L)	2,523		24,069
Micromet, Inc. (I)(L)	7,150		53,196
Momenta Pharmaceuticals, Inc. (I)	4,880		71,443
Myriad Pharmaceuticals, Inc. (I)(L)	3,428		16,489
Nabi Biopharmaceuticals (I)	6,691		34,994
Neurocrine Biosciences, Inc. (I)	5,871		15,382
NeurogesX, Inc. (I)(L)	1,447		10,809
Novavax, Inc. (I)(L)	8,497		18,438
NPS Pharmaceuticals, Inc. (I)	6,649		22,208
OncoGenex Pharmaceutical, Inc. (I)	574		9,557
Onyx Pharmaceuticals, Inc. (I)	7,547		209,505
Opko Health, Inc. (I)(L)	5,627		11,310
Orexigen Therapeutics, Inc. (I)(L)	3,461		21,735
Osiris Therapeutics, Inc. (I)(L)	2,388		19,653
PDL BioPharma, Inc. (I)(L)	14,843		103,901
Pharmasset, Inc. (I)	2,632		55,825
Progenics Pharmaceuticals, Inc. (I)	3,933		17,109
Protalix BioTherapeutics, Inc. (I)(L)	4,355		29,440
Regeneron Pharmaceuticals, Inc. (I)	7,728		189,027
Repligen Corp. (I)	4,499		15,162
Rigel Pharmaceuticals, Inc. (I)	6,256		47,233
Sangamo Biosciences, Inc. (I)(L)	5,736		28,737
Savient Pharmaceuticals, Inc. (I)(L)	8,172		110,159
SciClone Pharmaceuticals, Inc. (I)	4,935		16,236
Seattle Genetics, Inc. (I)	10,234		104,387
SIGA Technologies, Inc. (I)(L)	3,350		22,144
Spectrum Pharmaceuticals, Inc. (I)(L)	5,553		25,322
StemCells, Inc. (I)(L)	14,923		17,460


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Biotechnology (continued)
Theravance, Inc. (I)(L)	6,575	$	71,602
Vanda Pharmaceuticals, Inc. (I)(L)	3,363		34,538
Vical, Inc. (I)	5,837		19,145
Zymogenetics, Inc. (I)	5,908		31,549

			4,505,930
Health Care Equipment & Supplies - 3.55%
Abaxis, Inc. (I)(L)	2,694		68,401
Abiomed, Inc. (I)	3,951		39,945
Accuray, Inc. (I)	5,233		35,427
Aga Medical Holdings, Inc. (I)	1,764		23,638
Align Technology, Inc. (I)(L)	7,146		129,343
Alphatec Holdings, Inc. (I)	4,275		21,931
American Medical Systems
Holdings, Inc. (I)(L)	9,059		164,149
Analogic Corp.	1,578		65,171
AngioDynamics, Inc. (I)	3,060		49,756
Atrion Corp.	193		30,035
ATS Medical, Inc. (I)(L)	6,518		17,208
Bovie Medical Corp. (I)	2,421		16,802
Cantel Medical Corp.	1,602		31,319
Conceptus, Inc. (I)(L)	3,790		74,398
CONMED Corp. (I)	3,585		78,440
Cryolife, Inc. (I)	3,842		27,086
Cutera, Inc. (I)	2,075		19,505
Cyberonics, Inc. (I)	3,397		60,636
Cynosure, Inc. (I)	1,503		14,865
Delcath Systems, Inc. (I)(L)	3,295		17,529
DexCom, Inc. (I)(L)	5,849		52,875
Electro-Optical Sciences, Inc. (I)(L)	2,582		25,200
Endologix, Inc. (I)	6,140		22,165
EV3, Inc. (I)	9,083		132,158
Exactech, Inc. (I)	1,184		22,958
Greatbatch, Inc. (I)	2,933		57,252
Haemonetics Corp. (I)	3,084		164,963
HeartWare International, Inc. (I)	689		26,554
Home Diagnostics, Inc. (I)	1,768		20,367
ICU Medical, Inc. (I)	1,565		53,789
Immucor, Inc. (I)	8,620		166,625
Insulet Corp. (I)(L)	4,423		65,018
Integra LifeSciences Holdings Corp. (I)	2,304		91,699
Invacare Corp. (L)	3,530		96,298
IRIS International, Inc. (I)	2,374		27,230
Kensey Nash Corp. (I)	1,072		23,659
MAKO Surgical Corp. (I)(L)	2,262		29,926
Masimo Corp. (L)	6,179		171,097
Medical Action, Inc. (I)	1,888		23,676
Meridian Bioscience, Inc. (L)	4,949		109,670
Merit Medical Systems, Inc. (I)	3,437		50,593
Micrus Endovascular Corp. (I)	2,082		42,119
Natus Medical, Inc. (I)	3,531		47,598
Neogen Corp. (I)	2,502		60,623
NuVasive, Inc. (I)(L)	4,485		179,176
NxStage Medical, Inc. (I)	2,960		31,524
OraSure Technologies, Inc. (I)	5,940		32,670
Orthofix International NV (I)	2,108		71,862
Orthovita, Inc. (I)	8,552		32,840
Palomar Medical Technologies, Inc. (I)	2,333		21,067
Quidel Corp. (I)(L)	3,244		42,367
Rochester Medical Corp. (I)	1,552		20,067
Rockwell Medical Technologies, Inc. (I)(L)	2,507		14,942
RTI Biologics, Inc. (I)	7,305		27,394
Sirona Dental Systems, Inc. (I)	2,059		73,898
Somanetics Corp. (I)	1,614		27,212
SonoSite, Inc. (I)(L)	2,149		63,653


The accompanying notes are an integral part of the financial statements.	178

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Equipment & Supplies (continued)
Spectranetics Corp. (I)	4,294	$	28,512
Stereotaxis, Inc. (I)(L)	4,217		20,031
STERIS Corp. (L)	7,093		224,210
SurModics, Inc. (I)(L)	1,937		37,307
Symmetry Medical, Inc. (I)	4,592		39,491
Synovis Life Technologies, Inc. (I)	1,642		22,988
Thoratec Corp. (I)(L)	6,877		198,401
TomoTherapy, Inc. (I)	6,240		20,654
Vascular Solutions, Inc. (I)	2,425		21,898
Volcano Corp. (I)	5,934		122,181
West Pharmaceutical Services, Inc.	3,980		155,021
Wright Medical Group, Inc. (I)	4,699		79,178
Young Innovations, Inc.	762		20,422
Zoll Medical Corp. (I)	2,603		67,470

			4,266,132
Health Care Providers & Services - 3.52%
Air Methods Corp. (I)	1,364		36,296
Alliance Imaging, Inc. (I)	3,738		18,653
Allied Healthcare International, Inc. (I)	6,632		18,371
Almost Family, Inc. (I)	916		33,031
Amedisys, Inc. (I)(L)	3,373		194,453
America Service Group, Inc.	1,234		18,461
American Dental Partners, Inc. (I)	2,041		26,533
AMERIGROUP Corp. (I)	6,498		170,767
AMN Healthcare Services, Inc. (I)	4,200		38,724
AmSurg Corp. (I)	3,794		78,384
Assisted Living Concepts, Inc. (I)	1,310		36,248
Bio Reference Labs, Inc. (I)	1,474		58,385
BioScrip, Inc. (I)	4,936		36,477
Capital Senior Living Corp. (I)	3,325		15,362
CardioNet, Inc. (I)(L)	3,369		20,180
Catalyst Health Solutions, Inc. (I)	4,463		168,210
Centene Corp. (I)	6,030		107,756
Chemed Corp.	2,732		146,326
Chindex International, Inc. (I)	1,751		19,699
Continucare Corp. (I)	4,051		16,893
CorVel Corp. (I)	899		28,948
Cross Country Healthcare, Inc. (I)	3,964		38,966
Emergency Medical Services
Corp., Class A (I)	3,548		184,709
Emeritus Corp. (I)(L)	2,475		43,412
Genoptix, Inc. (I)	2,090		68,071
Gentiva Health Services, Inc. (I)	3,583		99,285
Hanger Orthopedic Group, Inc. (I)	3,198		59,643
Health Grades, Inc. (I)	3,378		18,072
Healthsouth Corp. (I)(L)	11,561		200,005
Healthspring, Inc. (I)	6,058		111,528
Healthways, Inc. (I)	4,197		63,039
HMS Holdings Corp. (I)	3,117		143,507
inVentiv Health, Inc. (I)	4,155		60,995
IPC The Hospitalist Company, Inc. (I)	1,998		66,054
Kindred Healthcare, Inc. (I)	4,845		84,400
Landauer, Inc.	1,155		70,189
LCA-Vision, Inc. (I)	2,335		18,563
LHC Group, Inc. (I)	1,883		56,678
Magellan Health Services, Inc. (I)	4,300		180,256
MedCath Corp. (I)	2,087		14,129
Molina Healthcare, Inc. (I)	1,686		36,047
MWI Veterinary Supply, Inc. (I)	1,371		56,485
National Healthcare Corp.	1,021		37,563
Nighthawk Radiology Holdings, Inc. (I)	2,855		8,479
NovaMed, Inc. (I)(L)	3,189		12,086
Odyssey HealthCare, Inc. (I)	4,084		71,593
Owens & Minor, Inc.	5,075		226,599


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Providers & Services (continued)
PharMerica Corp. (I)	3,856	$	66,130
Providence Service Corp. (I)	1,395		16,893
PSS World Medical, Inc. (I)	7,231		152,502
Psychiatric Solutions, Inc. (I)(L)	6,937		148,799
RehabCare Group, Inc. (I)	3,078		85,692
Res-Care, Inc. (I)	3,210		29,275
Select Medical Holdings Corp. (I)	4,155		34,029
Skilled Healthcare Group, Inc. (I)	2,883		18,653
Sun Healthcare Group, Inc. (I)	5,563		49,455
Sunrise Senior Living, Inc. (I)(L)	5,717		22,468
The Ensign Group, Inc.	1,393		23,207
Triple-S Management Corp., Class B (I)	2,622		45,439
Universal American Financial Corp. (I)	3,405		49,066
US Physical Therapy, Inc. (I)	1,625		26,650
WellCare Health Plans, Inc. (I)	5,188		138,520

			4,225,288
Health Care Technology - 0.67%
AMICAS, Inc. (I)	4,910		28,822
athenahealth, Inc. (I)(L)	4,099		151,007
Computer Programs & Systems, Inc. (L)	1,195		42,948
Eclipsys Corp. (I)	6,948		129,302
MedAssets, Inc. (I)	4,789		103,682
Medidata Solutions, Inc. (I)	927		14,294
Merge Healthcare, Inc. (I)	3,665		7,843
Omnicell, Inc. (I)	3,965		53,646
Phase Forward, Inc. (I)	5,298		63,205
Quality Systems, Inc. (L)	2,874		164,508
Transcend Services, Inc. (I)	877		17,110
Vital Images, Inc. (I)	2,032		32,187

			808,554
Life Sciences Tools & Services - 0.75%
Accelrys, Inc. (I)	4,035		25,178
Affymetrix, Inc. (I)	8,859		64,759
Albany Molecular Research, Inc. (I)	3,025		27,165
Bruker Corp. (I)	5,960		74,500
Cambrex Corp. (I)	4,210		15,872
Dionex Corp. (I)	2,125		145,138
Enzo Biochem, Inc. (I)	4,417		23,101
eResearch Technology, Inc. (I)	5,447		32,954
Harvard Bioscience, Inc. (I)	4,175		14,571
Kendle International, Inc. (I)	1,919		32,681
Luminex Corp. (I)	5,130		75,155
Parexel International Corp. (I)	7,102		143,105
Sequenom, Inc. (I)(L)	7,858		50,841
Varian, Inc. (I)(L)	3,487		180,208

			905,228
Pharmaceuticals - 1.45%
Adolor Corp. (I)	7,649		11,703
Akorn, Inc. (I)(L)	8,442		12,832
Ardea Biosciences, Inc. (I)(L)	1,897		27,013
Auxilium Pharmaceuticals, Inc. (I)(L)	5,706		172,321
AVANIR Pharmaceuticals (I)(L)	8,224		15,379
BioMimetic Therapeutics, Inc. (I)	1,875		21,806
BMP Sunstone Corp. (I)(L)	4,320		23,328
Cadence Pharmaceuticals, Inc. (I)(L)	3,240		27,799
Cumberland Pharmaceuticals, Inc. (I)	1,085		12,044
Cypress Biosciences, Inc. (I)	4,954		25,959
DepoMed, Inc. (I)	6,859		18,794
Durect Corp. (I)	11,487		27,454
Endo Pharmaceuticals, Inc. (I)	156		172
Hi-Tech Pharmacal Company, Inc. (I)	1,119		24,070
Impax Laboratories, Inc. (I)	7,582		116,839
Inspire Pharmaceuticals, Inc. (I)	7,647		47,258



The accompanying notes are an integral part of the financial statements.	179

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Pharmaceuticals (continued)
Ista Pharmaceuticals, Inc. (I)	4,520	$	15,865
Javelin Pharmaceuticals, Inc. (I)	7,507		10,960
K-V Pharmaceutical Company, Class A (I)	4,970		15,705
MAP Pharmaceuticals, Inc. (I)(L)	1,220		16,738
Medicines Company (I)	6,699		51,582
Medicis Pharmaceutical Corp., Class A	7,278		163,755
Nektar Therapeutics (I)	11,529		142,844
Obagi Medical Products, Inc. (I)	2,365		24,194
Optimer Pharmaceuticals, Inc. (I)(L)	3,624		43,307
Pain Therapeutics, Inc. (I)	4,819		29,155
Par Pharmaceutical Companies, Inc. (I)	4,334		108,480
POZEN, Inc. (I)	3,525		21,185
Questcor Pharmaceuticals, Inc. (I)	7,309		34,206
Salix Pharmaceuticals, Ltd. (I)	6,927		197,835
Santarus, Inc. (I)	6,774		28,519
Supergen, Inc. (I)	8,024		22,146
ViroPharma, Inc. (I)	9,602		119,641
Vivus, Inc. (I)(L)	10,007		84,059
XenoPort, Inc. (I)(L)	3,723		29,784

			1,744,731

			16,455,863
Industrials - 14.76%
Aerospace & Defense - 1.66%
AAR Corp. (I)(L)	4,755		107,843
Aerovironment, Inc. (I)(L)	1,643		39,843
American Science & Engineering, Inc.	1,117		83,004
Applied Signal Technology, Inc.	1,694		31,288
Argon ST, Inc. (I)	1,677		41,254
Ascent Solar Technologies, Inc. (I)(L)	2,541		10,189
Astronics Corp. (I)	1,360		11,927
Ceradyne, Inc. (I)	3,231		72,827
Cubic Corp.	1,872		64,565
Curtiss-Wright Corp.	5,507		176,499
DigitalGlobe, Inc. (I)	1,802		42,996
Ducommun, Inc.	1,453		25,413
DynCorp International, Inc. (I)	3,066		34,339
Esterline Technologies Corp. (I)	3,630		149,375
GenCorp, Inc. (I)(L)	6,298		27,207
GeoEye, Inc. (I)	2,262		53,881
HEICO Corp. (L)	2,849		135,755
Herley Industries, Inc. (I)	1,909		25,619
Hexcel Corp. (I)	11,854		130,631
Ladish Company, Inc. (I)	2,079		34,969
LMI Aerospace, Inc. (I)	1,221		15,494
Moog, Inc., Class A (I)	5,534		187,935
Orbital Sciences Corp., Class A (I)	6,917		127,619
Stanley, Inc. (I)	1,409		35,521
Taser International, Inc. (I)	8,030		60,707
Teledyne Technologies, Inc. (I)	4,397		165,635
Triumph Group, Inc.	2,022		105,831

			1,998,166
Air Freight & Logistics - 0.33%
Air Transport Services Group, Inc. (I)	7,164		18,197
Atlas Air Worldwide Holdings, Inc. (I)	2,584		116,487
Dynamex, Inc. (I)	1,382		24,047
Forward Air Corp.	3,625		88,668
Hub Group, Inc., Class A (I)	4,572		123,307
Pacer International, Inc. (I)	5,047		24,276

			394,982
Airlines - 0.98%
Airtran Holdings, Inc. (I)(L)	16,647		80,239
Alaska Air Group, Inc. (I)	4,454		155,890


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Airlines (continued)
Allegiant Travel Company (I)(L)	1,848	$	96,355
Hawaiian Holdings, Inc. (I)	6,528		50,788
JetBlue Airways Corp. (I)(L)	31,035		163,865
Republic Airways Holdings, Inc. (I)	4,436		27,015
SkyWest, Inc.	6,774		99,984
UAL Corp. (I)(L)	20,553		352,484
US Airways Group, Inc. (I)(L)	20,021		146,754

			1,173,374
Building Products - 0.55%
Aaon, Inc.	1,607		33,811
American Woodmark Corp.	1,366		25,694
Ameron International Corp.	1,149		79,132
Apogee Enterprises, Inc.	3,549		50,715
Builders FirstSource, Inc. (I)	4,640		13,920
Gibraltar Industries, Inc. (I)	3,389		39,584
Griffon Corp. (I)	5,412		67,001
Insteel Industries, Inc.	2,345		23,802
NCI Building Systems, Inc. (I)	11,911		22,631
Quanex Building Products Corp.	4,659		72,587
Simpson Manufacturing Company, Inc.	4,663		114,617
Trex Company, Inc. (I)(L)	2,006		40,100
Universal Forest Products, Inc.	2,360		83,166

			666,760
Commercial Services & Supplies - 2.28%
ABM Industries, Inc.	5,631		115,323
ACCO Brands Corp. (I)	6,805		48,792
American Reprographics Company (I)	4,695		33,616
APAC Customer Services, Inc. (I)(L)	3,200		16,576
ATC Technology Corp. (I)	2,429		54,434
Bowne & Company, Inc.	4,901		54,548
Cenveo, Inc. (I)(L)	6,698		49,967
Clean Harbors, Inc. (I)	2,594		147,443
Consolidated Graphics, Inc. (I)	1,223		54,472
Cornell Corrections, Inc. (I)	1,425		26,562
Courier Corp.	1,444		22,223
Deluxe Corp.	6,314		113,336
EnergySolutions, Inc.	9,352		56,860
EnerNOC, Inc. (I)	1,740		46,006
Ennis Business Forms, Inc.	3,223		49,538
Fuel Tech, Inc. (I)	2,423		15,871
G & K Services, Inc., Class A	2,304		57,531
Healthcare Services Group, Inc.	5,247		115,224
Herman Miller, Inc.	6,547		119,155
HNI Corp. (L)	5,453		129,618
Innerworkings, Inc. (I)	3,266		18,518
Interface, Inc., Class A	6,001		51,609
Kimball International, Inc., Class B	4,132		27,313
Knoll, Inc.	5,811		69,848
M & F Worldwide Corp. (I)	1,355		43,888
McGrath Rentcorp	2,955		70,684
Metalico, Inc. (I)	4,359		23,931
Mine Safety Appliances Company	3,266		82,924
Mobile Mini, Inc. (I)	4,395		59,728
Multi-Color Corp.	1,478		18,682
Perma-Fix Environmental Services, Inc. (I)	7,280		14,050
Rollins, Inc.	5,174		109,948
Schawk, Inc., Class A	1,916		25,119
Standard Parking Corp. (I)	1,092		17,931
Standard Register Company	2,445		13,448
Steelcase, Inc. Class A	8,843		58,099
SYKES Enterprises, Inc. (I)	4,578		109,002
Team, Inc. (I)	2,421		43,893
Tetra Tech, Inc. (I)	7,318		153,093


The accompanying notes are an integral part of the financial statements.	180

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Commercial Services & Supplies (continued)
The Geo Group, Inc. (I)	6,274	$	124,037
U.S. Ecology Corp.	2,340		34,843
United Stationers, Inc. (I)	2,881		164,534
Viad Corp.	2,582		49,342
Waste Services, Inc. (I)	2,314		23,325

			2,734,884
Construction & Engineering - 0.84%
Argan, Inc. (I)(L)	1,134		17,679
Comfort Systems USA, Inc.	4,892		57,334
Dycom Industries, Inc. (I)	5,016		45,294
EMCOR Group, Inc. (I)	8,084		186,094
Furmanite Corp. (I)	5,219		18,893
Granite Construction, Inc.	4,236		117,041
Great Lakes Dredge & Dock Corp.	5,276		23,900
Insituform Technologies, Inc., Class A (I)	4,797		117,814
Layne Christensen Company (I)	2,440		67,295
Mastec, Inc. (I)	6,444		85,319
Michael Baker Corp. (I)	1,006		34,043
MYR Group, Inc. (I)	2,205		34,861
Northwest Pipe Company (I)	1,193		28,191
Orion Marine Group, Inc. (I)	3,339		58,633
Pike Electric Corp. (I)	2,146		18,069
Sterling Construction Company, Inc. (I)	1,765		34,647
Tutor Perini Corp. (I)(L)	3,233		63,916

			1,009,023
Electrical Equipment - 2.01%
A.O. Smith Corp.	2,665		120,725
Acuity Brands, Inc. (L)	5,295		206,399
Advanced Battery Technologies, Inc. (I)(L)	7,069		27,498
American Superconductor Corp. (I)(L)	5,321		148,988
AZZ, Inc.	1,533		48,152
Baldor Electric Company	5,735		180,194
Belden, Inc.	5,735		121,467
Broadwind Energy, Inc. (I)	3,934		19,473
China BAK Battery, Inc. (I)(L)	5,363		12,120
Encore Wire Corp. (L)	2,264		45,506
Ener1, Inc. (I)(L)	6,137		25,960
Energy Conversion Devices, Inc. (I)(L)	5,759		41,465
EnerSys, Inc. (I)	4,938		112,537
Evergreen Solar, Inc. (I)(L)	24,295		27,210
Franklin Electric, Inc.	2,847		81,196
Fuelcell Energy, Inc. (I)(L)	9,647		27,108
Fushi Copperweld, Inc. (I)	2,090		19,082
GrafTech International, Ltd. (I)	14,762		184,377
GT Solar International, Inc. (I)(L)	3,878		23,074
Harbin Electric, Inc. (I)(L)	1,886		35,702
II-VI, Inc. (I)	3,033		85,045
LaBarge, Inc. (I)	1,568		18,832
LSI Industries, Inc.	2,633		16,140
Microvision, Inc. (I)(L)	9,973		21,941
Orion Energy Systems, Inc. (I)	2,628		13,560
Polypore International, Inc. (I)	2,868		42,934
Powell Industries, Inc. (I)	982		28,282
PowerSecure International, Inc. (I)	2,365		17,596
Regal-Beloit Corp.	4,361		246,048
SatCon Technology Corp. (I)(L)	9,612		22,492
Vicor Corp. (I)	2,486		23,642
W.H. Brady Company, Class A	5,852		163,973
Woodward Governor Company	7,385		212,614

			2,421,332
Industrial Conglomerates - 0.25%
Otter Tail Corp.	4,336		86,677
Raven Industries, Inc.	1,979		57,985


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Industrial Conglomerates (continued)
Seaboard Corp.	40	$	50,840
Standex International Corp.	1,626		40,487
Tredegar Industries, Inc.	3,712		62,176

			298,165
Machinery - 2.62%
3D Systems Corp. (I)	2,382		33,729
Actuant Corp., Class A	8,329		150,838
Alamo Group, Inc.	932		16,599
Albany International Corp., Class A	3,376		65,224
Altra Holdings, Inc. (I)	3,405		39,328
American Railcar Industries, Inc.	1,451		13,712
Ampco-Pittsburgh Corp.	1,094		28,181
Astec Industries, Inc. (I)	2,156		52,369
Badger Meter, Inc. (L)	1,838		66,039
Barnes Group, Inc.	5,737		92,136
Blount International, Inc. (I)	4,939		54,477
Briggs & Stratton Corp.	6,107		106,934
Cascade Corp.	1,138		31,432
Chart Industries, Inc. (I)	3,554		72,359
China Fire & Security Group, Inc. (I)(L)	1,740		24,482
Circor International, Inc.	2,132		65,900
Clarcor, Inc.	6,161		201,773
Colfax Corp. (I)	3,001		34,001
Columbus McKinnon Corp. (I)	2,352		33,845
Dynamic Materials Corp.	1,669		30,242
Energy Recovery, Inc. (I)	4,371		28,018
EnPro Industries, Inc. (I)	2,496		69,089
ESCO Technologies, Inc.	3,228		105,588
Federal Signal Corp.	6,229		47,776
Flow International Corp. (I)	6,746		21,790
Force Protection, Inc. (I)	8,814		47,243
Freightcar America, Inc.	1,608		34,041
Gorman-Rupp Company (L)	1,805		42,418
Graham Corp.	1,345		21,708
Greenbrier Companies, Inc. (I)(L)	2,270		20,861
Hurco Companies, Inc. (I)	1,013		17,576
John Bean Technologies Corp.	3,435		56,162
K-Tron International, Inc. (I)	322		48,126
Kadant, Inc. (I)	1,666		22,624
Kaydon Corp.	4,047		131,528
L.B. Foster Company (I)	1,323		40,232
Lindsay Corp. (L)	1,554		57,203
Metropolitan Pro Corp.	2,138		20,311
Middleby Corp. (I)	2,009		93,198
Miller Industries, Inc. (I)	1,473		17,381
Mueller Industries, Inc.	4,570		102,277
Mueller Water Products, Inc.	19,194		88,868
NACCO Industries, Inc., Class A	670		31,356
Nordson Corp.	4,093		269,319
PMFG, Inc. (I)	1,740		24,360
RBC Bearings, Inc. (I)	2,686		68,036
Robbins & Myers, Inc.	3,267		78,963
Sauer-Danfoss, Inc. (I)	1,462		17,588
SmartHeat, Inc. (I)	1,154		13,813
Sun Hydraulics, Inc.	1,556		37,640
Tecumseh Products Company, Class A (I)	2,437		30,731
Tennant Company	2,282		54,449
The Eastern Company	899		11,588
Titan International, Inc. (L)	4,500		37,125
TriMas Corp. (I)	2,154		13,118
Twin Disc, Inc.	1,235		13,499
Watts Water Technologies, Inc., Class A	3,568		104,043

			3,153,246


The accompanying notes are an integral part of the financial statements.	181

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Marine - 0.16%
American Commercial Lines, Inc. (I)	1,179	$	27,412
Eagle Bulk Shipping, Inc. (I)(L)	7,929		41,469
Genco Shipping & Trading, Ltd. (I)(L)	3,229		67,809
Horizon Lines, Inc. (L)	4,202		16,976
International Shipholding Corp.	738		20,745
Ultrapetrol Bahamas, Ltd. (I)	3,206		16,543

			190,954
Professional Services - 1.34%
Acacia Research - Acacia Technologies (I)	4,091		40,583
Administaff, Inc.	2,602		46,888
Barrett Business Services, Inc.	1,269		15,418
CBIZ, Inc. (I)	5,466		34,053
CDI Corp.	1,662		23,750
COMSYS IT Partners, Inc. (I)	1,921		33,579
Corporate Executive Board Company	4,173		95,478
CoStar Group, Inc. (I)(L)	2,405		94,637
CRA International, Inc. (I)	1,413		37,586
Diamond Management & Technology
Consultants, Inc.	3,263		23,657
Exponent, Inc. (I)	1,676		44,632
Franklin Covey Company (I)	1,975		11,554
GP Strategies Corp. (I)	2,388		18,770
Heidrick & Struggles International, Inc.	2,086		56,259
Hill International, Inc. (I)	3,286		17,317
Huron Consulting Group, Inc. (I)	2,690		63,699
ICF International, Inc. (I)	1,370		32,099
Kelly Services, Inc., Class A (I)	3,311		52,082
Kforce, Inc. (I)	3,541		47,166
Korn/Ferry International (I)	5,484		93,667
Mistras Group, Inc. (I)	1,293		17,637
Navigant Consulting Company (I)	6,149		71,513
Odyssey Marine Exploration, Inc. (I)(L)	8,784		11,156
On Assignment, Inc. (I)	4,729		31,164
Resources Connection, Inc. (I)	5,486		93,481
School Specialty, Inc. (I)	2,367		50,535
SFN Group, Inc. (I)	6,589		51,855
The Advisory Board Company (I)	1,911		60,693
Towers Watson & Company	5,169		228,315
TrueBlue, Inc. (I)	5,382		71,419
Volt Information Sciences, Inc. (I)	1,649		17,562
VSE Corp.	527		22,413

			1,610,617
Road & Rail - 0.96%
AMERCO, Inc. (I)	1,099		57,621
Arkansas Best Corp.	3,150		82,656
Avis Budget Group, Inc. (I)(L)	12,541		131,931
Celadon Group, Inc. (I)	2,992		36,562
Dollar Thrifty Automotive Group, Inc. (I)	3,384		101,655
Genesee & Wyoming, Inc., Class A (I)	4,644		147,911
Heartland Express, Inc. (L)	6,115		93,621
Knight Transportation, Inc. (L)	7,001		138,270
Marten Transport, Ltd. (I)	2,012		37,906
Old Dominion Freight Lines, Inc. (I)	3,437		105,653
Patriot Transportation Holding, Inc. (I)	176		15,676
RailAmerica, Inc. (I)	2,787		32,998
Saia, Inc. (I)	1,837		23,256
Universal Truckload Services, Inc. (I)	849		15,104
USA Truck, Inc. (I)	1,423		18,855
Werner Enterprises, Inc. (L)	5,203		116,079

			1,155,754
Trading Companies & Distributors - 0.77%
Aceto Corp.	3,608		18,870
Aircastle, Ltd.	5,871		57,125


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Trading Companies & Distributors (continued)
Applied Industrial Technologies, Inc.	5,144	$	115,946
Beacon Roofing Supply, Inc. (I)	5,630		97,962
DXP Enterprises, Inc. (I)	1,105		11,945
H&E Equipment Services, Inc. (I)	3,472		33,748
Houston Wire & Cable Company (L)	2,321		28,479
Interline Brands, Inc. (I)	4,030		71,331
Kaman Corp., Class A	3,169		75,898
RSC Holdings, Inc. (I)(L)	6,258		44,119
Rush Enterprises, Inc., Class A (I)	4,130		45,141
TAL International Group, Inc.	1,980		36,095
Textainer Group Holdings, Ltd.	1,080		22,302
Titan Machinery, Inc. (I)	1,733		20,640
United Rentals, Inc. (I)	7,566		57,123
Watsco, Inc. (L)	3,191		184,567

			921,291
Transportation Infrastructure - 0.01%
CAI International, Inc. (I)	1,348		13,305

			17,741,853
Information Technology - 17.57%
Communications Equipment - 2.99%
3Com Corp. (I)	48,265		368,262
Acme Packet, Inc. (I)	4,812		80,216
ADC Telecommunications, Inc. (I)(L)	12,073		76,543
ADTRAN, Inc. (L)	6,707		156,810
Airvana, Inc. (I)	3,240		24,721
Anaren, Inc. (I)	1,974		24,280
Arris Group, Inc. (I)	15,240		157,277
Aruba Networks, Inc. (I)	7,279		85,383
Aviat Networks Incaviat Networks, Inc.	7,430		45,695
Bel Fuse, Inc., Class B	1,325		30,117
BigBand Networks, Inc. (I)	4,655		13,406
Black Box Corp.	2,159		62,460
Blue Coat Systems, Inc. (I)	4,843		140,350
Cogo Group, Inc. (I)	3,146		22,148
Comtech Telecommunications Corp. (I)(L)	3,462		109,468
DG Fastchannel, Inc. (I)	2,554		82,724
Digi International, Inc. (I)	3,259		33,079
Emcore Corp. (I)(L)	11,316		13,353
EMS Technologies, Inc. (I)	1,979		27,152
Emulex Corp. (I)	10,207		129,629
Extreme Networks, Inc. (I)	11,570		31,818
Globecomm Systems, Inc. (I)	2,900		22,127
Harmonic, Inc. (I)	11,931		78,267
Hughes Communications, Inc. (I)	1,130		31,832
Infinera Corp. (I)	10,373		78,627
InterDigital, Inc. (I)	5,378		137,946
Ixia (I)	3,977		30,782
KVH Industries, Inc. (I)	1,855		22,631
Loral Space & Communications, Inc. (I)	1,305		42,452
NETGEAR, Inc. (I)	4,207		106,647
Network Equipment Technologies, Inc. (I)	4,269		21,772
Oplink Communications, Inc. (I)	2,593		40,036
Palm, Inc. (I)(L)	20,309		123,885
PC-Tel, Inc. (I)	2,757		16,790
Plantronics, Inc.	6,004		170,694
Polycom, Inc. (I)	10,247		267,549
Powerwave Technologies, Inc. (I)	17,610		20,604
Riverbed Technology, Inc. (I)(L)	6,706		182,739
Seachange International, Inc. (I)	4,353		30,819
ShoreTel, Inc. (I)	5,604		33,624
Sonus Networks, Inc. (I)	25,680		54,698
Sycamore Networks, Inc.	2,391		46,051
Symmetricom, Inc. (I)	5,847		34,322


The accompanying notes are an integral part of the financial statements.	182

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Communications Equipment (continued)
Tekelec, Inc. (I)	8,178	$	135,101
UTStarcom, Inc. (I)(L)	14,664		31,968
Viasat, Inc. (I)	3,789		115,186

			3,592,040
Computers & Peripherals - 0.79%
3PAR, Inc. (I)(L)	3,396		31,345
ActivIdentity Corp. (I)	6,938		17,276
Adaptec, Inc. (I)	15,064		46,397
Avid Technology, Inc. (I)	3,530		47,479
Compellent Technologies, Inc. (I)	2,066		32,085
Cray, Inc. (I)	4,403		23,072
Electronics for Imaging, Inc. (I)	6,064		71,919
Imation Corp. (I)	3,801		34,969
Immersion Corp. (I)	4,020		16,442
Intermec, Inc. (I)	7,569		107,783
Intevac, Inc. (I)	2,770		39,251
Isilon Systems, Inc. (I)	3,256		24,062
Netezza Corp. (I)	5,858		53,542
Novatel Wireless, Inc. (I)	3,943		26,260
Quantum Corp. (I)	25,969		64,403
Rimage Corp. (I)	1,305		19,301
Silicon Graphics International Corp. (I)	3,960		42,530
STEC, Inc. (I)(L)	3,063		31,488
Stratasys, Inc. (I)	2,526		66,611
Super Micro Computer, Inc. (I)	2,935		44,054
Synaptics, Inc. (I)(L)	4,214		112,514

			952,783
Electronic Equipment, Instruments & Components - 2.07%
Agilysys, Inc.	2,060		22,495
Anixter International, Inc. (I)	3,628		151,433
Benchmark Electronics, Inc. (I)	7,956		157,529
Brightpoint, Inc. (I)	6,225		44,384
Checkpoint Systems, Inc. (I)	4,772		98,399
China Security & Surveillance
Technology, Inc. (I)(L)	5,599		38,633
Cogent, Inc. (I)	5,261		52,084
Cognex Corp.	4,862		91,892
Coherent, Inc. (I)	2,668		84,816
Comverge, Inc. (I)(L)	2,485		24,105
CPI International, Inc. (I)	1,041		12,836
CTS Corp.	4,376		34,833
Daktronics, Inc.	4,263		32,271
DTS, Inc. (I)	2,131		68,192
Echelon Corp. (I)(L)	4,010		32,962
Electro Rent Corp.	2,455		28,552
Electro Scientific Industries, Inc. (I)	3,511		43,923
FARO Technologies, Inc. (I)	2,127		50,920
ICx Technologies, Inc. (I)(L)	1,567		10,201
Insight Enterprises, Inc. (I)	5,716		73,108
IPG Photonics Corp. (I)	2,871		45,419
L-1 Identity Solutions, Inc. (I)(L)	9,326		79,458
Littelfuse, Inc. (I)	2,675		95,203
Maxwell Technologies, Inc. (I)(L)	2,793		38,711
Measurement Specialties, Inc. (I)	2,042		28,956
Mercury Computer Systems, Inc. (I)	2,861		34,961
Methode Electronics, Inc.	4,834		60,135
MTS Systems Corp.	2,079		56,590
Multi-Fineline Electronix, Inc. (I)	1,204		26,247
Newport Corp. (I)	4,638		48,885
OSI Systems, Inc. (I)	1,941		59,860
Park Electrochemical Corp.	2,519		68,466
Plexus Corp. (I)	4,825		166,414
Power-One, Inc. (I)(L)	9,674		36,664


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Electronic Equipment, Instruments &
Components (continued)
RadiSys Corp. (I)	3,072	$	25,283
Rofin-Sinar Technologies, Inc. (I)	3,570		73,149
Rogers Corp. (I)	1,955		53,665
ScanSource, Inc. (I)	3,246		84,396
Smart Modular Technologies (WWH), Inc. (I)	4,739		30,330
Spectrum Control, Inc. (I)	1,960		22,658
SYNNEX Corp. (I)(L)	2,355		67,447
Technitrol, Inc. (L)	5,357		23,571
TTM Technologies, Inc. (I)	5,387		46,005
Universal Display Corp. (I)(L)	3,666		38,603
Zygo Corp. (I)	2,335		22,883

			2,487,527
Internet Software & Services - 1.73%
Ancestry.com, Inc. (I)	932		14,847
Archipelago Learning, Inc. (I)	903		16,408
Art Technology Group, Inc. (I)	15,809		62,762
comScore, Inc. (I)	2,712		42,090
Constant Contact, Inc. (I)(L)	3,084		57,578
DealerTrack Holdings, Inc. (I)	4,673		66,450
Dice Holdings, Inc. (I)	2,064		13,622
Digital River, Inc. (I)	4,737		124,536
DivX, Inc. (I)	4,507		27,222
Earthlink, Inc.	13,225		110,297
GSI Commerce, Inc. (I)	3,755		93,762
InfoSpace, Inc. (I)	4,572		46,086
Innodata Isogen, Inc. (I)(L)	2,897		14,311
Internap Network Services Corp. (I)	6,583		33,112
Internet Brands, Inc., Class A (I)	3,630		29,911
Internet Capital Group, Inc. (I)	4,794		32,599
J2 Global Communications, Inc. (I)	5,531		120,023
Keynote Systems, Inc.	1,714		18,066
Limelight Networks, Inc. (I)	4,331		15,938
Liquidity Services, Inc. (I)	1,983		24,391
Liveperson, Inc. (I)	5,258		36,648
LogMeIn, Inc. (I)	929		17,428
LoopNet, Inc. (I)	2,541		24,012
Marchex, Inc., Class B	3,085		15,857
MercadoLibre, Inc. (I)(L)	3,178		130,743
ModusLink Global Solutions, Inc. (I)	5,753		56,955
Move, Inc. (I)	20,153		31,640
NIC, Inc.	6,263		46,785
OpenTable, Inc. (I)(L)	388		13,223
Openwave Systems, Inc. (I)	11,018		28,537
Perficient, Inc. (I)	3,702		41,092
Rackspace Hosting, Inc. (I)(L)	8,168		161,971
RealNetworks, Inc. (I)	10,606		48,788
Saba Software, Inc. (I)	3,591		18,170
SAVVIS, Inc. (I)	4,478		63,095
Support.com, Inc. (I)	6,871		20,201
Switch & Data Facilities Company, Inc. (I)	2,525		45,172
Terremark Worldwide, Inc. (I)	7,383		53,158
The Knot, Inc. (I)	3,854		29,483
United Online, Inc.	10,520		65,855
ValueClick, Inc. (I)	10,799		102,483
Vocus, Inc. (I)	2,155		30,666
Web.com Group, Inc. (I)	3,530		16,803
Zix Corp. (I)(L)	9,179		17,715

			2,080,491
IT Services - 2.16%
Acxiom Corp. (I)	8,351		140,798
CACI International, Inc., Class A (I)	3,616		179,209
Cass Information Systems, Inc.	1,055		31,935


The accompanying notes are an integral part of the financial statements.	183

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
IT Services (continued)
China Information Security
Technology, Inc. (I)	3,529	$	17,363
CIBER, Inc. (I)	8,978		33,488
Computer Task Group, Inc. (I)	2,105		15,935
CSG Systems International, Inc. (I)	4,301		86,536
Cybersource Corp. (I)(L)	8,524		146,016
Euronet Worldwide, Inc. (I)(L)	5,945		107,723
Exlservice Holdings, Inc. (I)	1,856		31,923
Forrester Research, Inc. (I)	1,882		56,366
Gartner Group, Inc., Class A (I)	8,344		198,504
Global Cash Access, Inc. (I)	4,763		35,675
Heartland Payment Systems, Inc.	4,699		71,848
iGate Corp.	2,814		25,720
infoGROUP, Inc. (I)	4,322		34,706
Information Services Group, Inc. (I)	3,686		10,947
Integral Systems, Inc. (I)	2,567		21,974
Lionbridge Technologies, Inc. (I)	8,064		25,805
ManTech International Corp. (I)	2,629		129,820
MAXIMUS, Inc.	2,090		120,342
MoneyGram International, Inc. (I)(L)	10,944		30,315
NCI, Inc. (I)	871		24,536
Ness Technologies, Inc. (I)	5,123		29,201
Online Resources Corp. (I)	3,504		12,860
RightNow Technologies, Inc. (I)	2,706		42,105
Sapient Corp.	10,443		94,196
SRA International, Inc., Class A (I)	5,147		98,102
StarTek, Inc. (I)	1,745		11,395
Syntel, Inc. (L)	1,532		51,935
TeleTech Holdings, Inc. (I)(L)	3,914		68,456
The Hackett Group, Inc. (I)	5,571		15,320
Tier Technologies, Inc., Class B (I)	2,547		18,899
TNS, Inc. (I)	3,109		73,466
Unisys Corp. (I)	5,201		181,567
VeriFone Holdings, Inc. (I)	8,867		171,133
Virtusa Corp. (I)	1,819		16,553
Wright Express Corp. (I)	4,671		132,283

			2,594,955
Semiconductors & Semiconductor Equipment - 3.59%
Actel Corp. (I)	3,329		42,644
Advanced Analogic Technologies, Inc. (I)	6,071		19,913
Advanced Energy Industries, Inc. (I)(L)	4,094		59,445
Amkor Technology, Inc. (I)(L)	13,518		81,378
Anadigics, Inc. (I)	8,297		34,101
Applied Micro Circuits Corp. (I)	8,151		72,870
Atheros Communications, Inc. (I)(L)	7,917		284,141
ATMI, Inc. (I)	3,908		65,811
Brooks Automation, Inc. (I)	8,007		69,180
Cabot Microelectronics Corp. (I)	2,847		100,784
Cavium Networks, Inc. (I)	4,469		106,809
Ceva, Inc. (I)	2,558		29,903
Cirrus Logic, Inc. (I)	8,245		58,869
Cohu, Inc.	3,014		40,388
CSR PLC (I)	5,690		41,209
Cymer, Inc. (I)	3,620		113,378
Diodes, Inc. (I)	4,019		78,813
DSP Group, Inc. (I)	3,336		24,453
Entegris, Inc. (I)	16,163		72,410
Entropic Communications, Inc. (I)	6,836		24,746
Exar Corp. (I)	4,586		33,891
FEI Company (I)	4,591		97,696
FormFactor, Inc. (I)	6,065		99,769
GSI Technology, Inc.	2,668		11,926
Hittite Microwave Corp. (I)	2,577		107,564
IXYS Corp. (I)	3,170		26,977


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Semiconductors & Semiconductor Equipment (continued)
Kopin Corp. (I)	8,684	$	32,999
Kulicke & Soffa Industries, Inc. (I)	8,603		56,608
Lattice Semiconductor Corp. (I)	14,965		42,950
Micrel, Inc.	5,742		56,559
Microsemi Corp. (I)	9,991		154,960
Microtune, Inc. (I)	8,201		19,436
MIPS Technologies, Inc., Class A (I)	5,877		24,742
MKS Instruments, Inc. (I)	6,048		109,045
Monolithic Power Systems, Inc. (I)	4,172		84,733
Netlogic Microsystems, Inc. (I)	2,906		157,476
NVE Corp. (I)(L)	620		27,565
OmniVision Technologies, Inc. (I)	6,170		89,650
Pericom Semiconductor Corp. (I)	3,271		30,715
Photronics, Inc. (I)	6,865		30,206
PLX Technology, Inc. (I)	5,110		23,199
Power Integrations, Inc.	2,891		103,960
RF Micro Devices, Inc. (I)	32,768		137,953
Rubicon Technology, Inc. (I)(L)	1,588		24,932
Rudolph Technologies, Inc. (I)	4,092		32,572
Semtech Corp. (I)	7,421		117,771
Sigma Designs, Inc. (I)(L)	3,432		40,154
Silicon Image, Inc. (I)	10,110		24,466
Silicon Storage Technology, Inc. (I)	10,687		34,092
Skyworks Solutions, Inc. (I)(L)	20,527		313,447
Standard Microsystems Corp. (I)	2,734		53,368
Supertex, Inc. (I)	1,393		33,307
Techwell, Inc. (I)	2,090		26,230
Tessera Technologies, Inc. (I)	5,992		107,616
Trident Microsystems, Inc. (I)	9,167		13,567
TriQuint Semiconductor, Inc. (I)	18,176		130,685
Ultratech, Inc. (I)	3,003		38,739
Veeco Instruments, Inc. (I)	4,779		162,964
Virage Logic Corp. (I)	2,346		16,211
Volterra Semiconductor Corp. (I)	2,862		62,477
White Electronic Designs Corp. (I)	3,832		20,041
Zoran Corp. (I)	6,462		73,279

			4,307,742
Software - 4.24%
ACI Worldwide, Inc. (I)	4,399		80,238
Actuate Corp. (I)	6,056		32,460
Advent Software, Inc. (I)(L)	1,873		75,519
American Software, Inc., Class A	3,110		17,976
ArcSight, Inc. (I)	2,283		61,184
Ariba, Inc. (I)	10,784		129,516
AsiaInfo Holdings, Inc. (I)	3,669		89,597
Blackbaud, Inc.	5,393		125,549
Blackboard, Inc. (I)	3,901		152,451
Bottomline Technologies, Inc. (I)	3,173		50,419
Chordiant Software, Inc. (I)	4,590		16,708
Commvault Systems, Inc. (I)	5,143		112,632
Concur Technologies, Inc. (I)	4,893		192,491
Deltek, Inc. (I)	2,328		17,902
DemandTec, Inc. (I)	2,620		15,379
Double-Take Software, Inc. (I)	2,388		21,182
Dynamics Research Corp. (I)	1,404		14,461
Ebix, Inc. (I)(L)	2,571		37,331
Epicor Software Corp. (I)	6,027		51,651
EPIQ Systems, Inc. (I)	4,136		48,060
Fair Isaac Corp.	5,983		137,370
Falconstor Software, Inc. (I)	4,621		16,405
Fortinet, Inc. (I)	1,552		26,663
GSE Systems, Inc. (I)	2,823		16,148
Informatica Corp. (I)	10,692		272,860
Interactive Intelligence, Inc. (I)	1,599		31,500


The accompanying notes are an integral part of the financial statements.	184

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Software (continued)
Jack Henry & Associates, Inc.	10,063	$	227,223
JDA Software Group, Inc. (I)	4,121		116,624
Kenexa Corp. (I)	2,879		28,416
Lawson Software, Inc. (I)	17,040		102,581
Manhattan Associates, Inc. (I)	2,879		72,752
Mentor Graphics Corp. (I)	11,695		97,302
MicroStrategy, Inc., Class A (I)	1,118		99,155
Monotype Imaging Holdings, Inc. (I)	2,833		26,942
Net 1 UEPS Technologies, Inc. (I)	3,834		67,670
Netscout Systems, Inc. (I)	3,137		45,769
NetSuite, Inc. (I)(L)	2,131		26,339
Opnet Technologies, Inc.	1,894		28,088
Parametric Technology Corp. (I)(L)	14,210		247,396
Pegasystems, Inc.	1,845		66,420
Phoenix Technology, Ltd. (I)	5,155		14,279
Progress Software Corp. (I)	4,902		137,354
PROS Holdings, Inc. (I)	2,631		22,916
Quest Software, Inc. (I)	7,443		125,415
Radiant Systems, Inc. (I)	3,574		39,922
Rosetta Stone, Inc. (I)	806		17,732
S1 Corp. (I)	6,970		43,284
Smith Micro Software, Inc. (I)	3,720		32,587
SolarWinds, Inc. (I)	1,519		28,572
Solera Holdings, Inc.	8,522		291,112
SonicWALL, Inc. (I)	6,808		54,532
Sourcefire, Inc. (I)	2,757		64,404
SuccessFactors, Inc. (I)	5,729		103,752
Symyx Technologies, Inc. (I)	4,548		19,829
Synchronoss Technologies, Inc. (I)	2,379		41,418
Take-Two Interactive Software, Inc. (I)(L)	10,017		96,364
Taleo Corp. (I)	4,919		115,793
TeleCommunication Systems, Inc. (I)	4,911		37,422
THQ, Inc. (I)(L)	8,688		52,649
TIBCO Software, Inc. (I)	21,546		197,577
TiVo, Inc. (I)	13,645		129,355
Tyler Technologies, Inc. (I)	3,863		70,152
Ultimate Software Group, Inc. (I)(L)	3,033		93,780
Unica Corp. (I)	2,071		18,142
VASCO Data Security International, Inc. (I)	3,598		28,496
Websense, Inc. (I)	5,533		118,738

			5,091,905

			21,107,443
Materials - 4.37%
Chemicals - 2.13%
A. Schulman, Inc.	2,904		68,418
American Vanguard Corp. (L)	2,620		16,899
Arch Chemicals, Inc.	3,093		95,481
Balchem Corp.	3,379		74,034
Calgon Carbon Corp. (I)(L)	6,752		104,724
China Green Agriculture, Inc. (I)(L)	1,281		18,690
Ferro Corp. (I)	10,144		83,079
H.B. Fuller Company	5,964		125,184
Hawkins, Inc. (L)	1,175		23,441
ICO, Inc.	3,785		29,902
Innophos Holdings, Inc.	2,173		50,457
Innospec, Inc. (I)	3,049		32,472
Koppers Holdings, Inc.	2,571		71,474
Landec Corp. (I)	3,691		22,367
LSB Industries, Inc. (I)	2,206		31,347
Minerals Technologies, Inc.	2,282		111,430
NewMarket Corp.	1,228		109,353
Olin Corp. (L)	9,576		167,676
OM Group, Inc. (I)	3,769		129,729


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Chemicals (continued)
Omnova Solutions, Inc. (I)	5,596	$	34,248
PolyOne Corp. (I)	11,418		90,773
Quaker Chemical Corp.	1,462		28,962
Rockwood Holdings, Inc. (I)	6,067		145,547
Sensient Technologies Corp.	5,951		157,225
ShengdaTech, Inc. (I)(L)	3,679		23,619
Solutia, Inc. (I)	14,648		206,097
Spartech Corp. (I)	3,916		39,904
Stepan Company	907		43,119
STR Holdings, Inc. (I)	1,524		25,314
W.R. Grace & Company (I)	8,858		256,528
Westlake Chemical Corp.	2,305		46,676
Zep, Inc.	2,712		59,908
Zoltek Companies, Inc. (I)(L)	3,610		32,093

			2,556,170
Construction Materials - 0.11%
Headwaters, Inc. (I)	6,878		34,321
Texas Industries, Inc.	2,928		104,032

			138,353
Containers & Packaging - 0.44%
AEP Industries, Inc. (I)	713		24,884
Boise, Inc. (I)(L)	3,664		17,404
Bway Holding Company (I)	949		14,301
Graphic Packaging Holding Company (I)	14,164		49,291
Myers Industries, Inc.	4,107		38,072
Rock-Tenn Company, Class A	4,698		196,564
Silgan Holdings, Inc.	3,215		183,609

			524,125
Metals & Mining - 0.98%
A. M. Castle & Company	2,159		24,872
Allied Nevada Gold Corp. (I)(L)	6,695		92,123
AMCOL International Corp. (L)	2,915		74,158
Brush Engineered Materials, Inc. (I)	2,566		52,706
Century Aluminum Company (I)	7,112		86,695
China Precision Steel, Inc. (I)(L)	4,507		10,231
Coeur d’Alene Mines Corp. (I)	9,185		134,560
General Moly, Inc. (I)(L)	8,265		19,423
General Steel Holdings, Inc. (I)(L)	2,428		9,931
Haynes International, Inc.	1,528		44,373
Hecla Mining Company (I)(L)	29,065		151,138
Horsehead Holding Corp. (I)	5,396		54,877
Kaiser Aluminum Corp.	1,897		63,341
Olympic Steel, Inc.	1,169		32,335
Paramount Gold and Silver Corp. (I)	10,980		18,117
RTI International Metals, Inc. (I)	3,743		89,944
Stillwater Mining Company (I)	5,158		58,543
U.S. Gold Corp. (I)(L)	9,964		26,803
Universal Stainless & Alloy Products, Inc. (I)	1,045		19,510
Worthington Industries, Inc.	7,461		118,182

			1,181,862
Paper & Forest Products - 0.71%
Buckeye Technologies, Inc. (I)	4,858		53,681
Clearwater Paper Corp. (I)	1,399		67,516
Deltic Timber Corp.	1,326		60,916
Domtar Corp. (I)(L)	5,098		266,472
KapStone Paper and Packaging Corp. (I)	3,515		32,197
Louisiana-Pacific Corp. (I)(L)	15,508		118,016
Neenah Paper, Inc.	1,990		28,198
P.H. Glatfelter Company	5,713		77,126
Schweitzer-Mauduit International, Inc.	2,177		99,924


The accompanying notes are an integral part of the financial statements.	185

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Index Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Paper & Forest Products (continued)
Wausau Paper Corp. (I)	5,438	$	46,005

			850,051

			5,250,561
Telecommunication Services - 0.87%
Diversified Telecommunication Services - 0.63%
AboveNet, Inc. (I)	1,529		93,452
Alaska Communications Systems
Group, Inc. (L)	5,813		42,202
Atlantic Tele-Network, Inc.	1,085		47,610
Cbeyond, Inc. (I)(L)	2,895		35,898
Cincinnati Bell, Inc. (I)	25,198		74,586
Cogent Communications Group, Inc. (I)	5,614		55,242
Consolidated Communications Holdings, Inc.	2,935		49,425
General Communication, Inc., Class A (I)	5,483		30,102
Global Crossing, Ltd. (I)	3,625		51,656
Hickory Tech Corp.	2,128		18,301
Iowa Telecommunications Services, Inc.	4,089		66,037
Neutral Tandem, Inc. (I)	4,027		64,915
PAETEC Holding Corp. (I)	15,248		60,382
Premiere Global Services, Inc. (I)	7,607		57,205
SureWest Communications (I)	1,879		16,159

			763,172
Wireless Telecommunication Services - 0.24%
NTELOS Holdings Corp.	3,722		63,572
Shenandoah Telecommunications Company	2,701		48,699
Syniverse Holdings, Inc. (I)	8,348		140,413
USA Mobility, Inc. (I)	3,045		34,287

			286,971

			1,050,143
Utilities - 2.99%
Electric Utilities - 1.13%
Allete, Inc.	3,524		110,830
Central Vermont Public Service Corp.	1,720		33,815
Cleco Corp.	7,277		183,671
El Paso Electric Company (I)	5,517		111,002
Empire District Electric Company (L)	4,418		79,126
IDACORP, Inc.	5,681		187,643
MGE Energy, Inc.	2,765		91,660
PNM Resources, Inc.	10,776		131,683
Portland General Electric Company	9,075		163,259
UIL Holding Corp.	3,623		99,560
Unisource Energy Corp.	4,382		127,691
Unitil Corp. (L)	1,634		35,540

			1,355,480
Gas Utilities - 1.17%
Chesapeake Utilities Corp.	1,313		39,337
New Jersey Resources Corp.	5,056		184,140
Nicor, Inc.	5,444		226,743
Northwest Natural Gas Company	3,171		139,492
Piedmont Natural Gas, Inc.	8,878		229,319
South Jersey Industries, Inc.	3,592		143,213
Southwest Gas Corp.	5,476		156,504
The Laclede Group, Inc.	2,780		91,156
WGL Holdings, Inc.	6,018		197,691

			1,407,595
Independent Power Producers & Energy Traders - 0.01%
US Geothermal, Inc. (I)(L)	9,065		10,062
Multi-Utilities - 0.38%
Avista Corp.	6,638		135,150
Black Hills Corp.	4,752		132,438


Small Cap Index Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Multi-Utilities (continued)
CH Energy Group, Inc.	1,938		$	77,501
NorthWestern Corp.	4,365			109,343

				454,432
Water Utilities - 0.30%
American States Water Company	2,312			74,354
Cadiz, Inc. (I)	1,776			21,046
California Water Service Group	2,405			86,291
Connecticut Water Service, Inc.	1,357			30,546
Consolidated Water Company, Ltd.	2,078			25,248
Middlesex Water Company	2,132			35,285
SJW Corp.	1,799			40,370
Southwest Water Company	3,732			25,079
York Water Company	1,996			26,886

				365,105

				3,592,674

TOTAL COMMON STOCKS (Cost $86,530,783)			$	116,535,107


PREFERRED STOCKS - 0.03%
Health Care - 0.03%
Health Care Equipment & Supplies - 0.03%
Inverness Medical Innovations, Inc.,
Series B 3.000%		137		35,894

TOTAL PREFERRED STOCKS (Cost $32,504)			$	35,894


SHORT-TERM INVESTMENTS - 21.47%
*Short-Term Securities - 2.49%**
Federal Home Loan Bank Discount Notes,
0.060%, 03/01/2010	$	2,280,000		2,280,000
Federal National Mortgage Association
Disocunt Notes, 0.420%, 12/01/2010	709,000			706,725

				2,986,725
Securities Lending Collateral - 18.98%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)(Y)	2,278,817			22,811,189

TOTAL SHORT-TERM INVESTMENTS (Cost $25,790,012)			$	25,797,914

Total Investments (Small Cap Index Fund)
(Cost $112,353,299) - 118.48%			$	142,368,915
Other assets and liabilities, net - (18.48%)				(22,202,570)

TOTAL NET ASSETS - 100.00%			$	120,166,345


Small Cap Opportunities Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 99.74%
Consumer Discretionary - 18.13%
Auto Components - 1.27%
Dana Holding Corp. (I)	2,100	$	23,877
Dorman Products, Inc. (I)	391		7,058
Exide Technologies (I)	6,179		35,529
Federal Mogul Corp. (I)	400		7,732
Modine Manufacturing Company (I)	4,700		44,180
Motorcar Parts of America, Inc. (I)	200		1,060
Spartan Motors, Inc.	3,766		21,127
Standard Motor Products, Inc.	3,100		25,141
Superior Industries International, Inc.	4,550		65,748


The accompanying notes are an integral part of the financial statements.	186

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Auto Components (continued)
Tenneco, Inc. (I)	4,784	$	96,445
TRW Automotive Holdings Corp. (I)	37,951		1,019,737

			1,347,634
Distributors - 0.05%
Core-Mark Holding Company, Inc. (I)	1,700		54,468
Diversified Consumer Services - 0.35%
Audiovox Corp., Class A (I)	900		6,498
Collectors Universe, Inc.	740		7,037
Jackson Hewitt Tax Service, Inc. (I)(L)	2,200		5,368
Regis Corp.	7,767		128,389
Service Corp. International	27,375		220,643

			367,935
Hotels, Restaurants & Leisure - 4.85%
Bally Technologies, Inc. (I)	13,378		553,983
Benihana, Inc. (I)	700		3,486
BJ’s Restaurants, Inc. (I)	1,722		36,851
Bluegreen Corp. (I)	4,779		12,425
Bob Evans Farms, Inc.	1,000		28,510
Boyd Gaming Corp. (I)(L)	5,573		42,578
Brinker International, Inc.	31,290		566,662
Canterbury Park Holding Corp. (I)	100		821
DineEquity, Inc. (I)(L)	17,439		511,660
Dover Downs Gaming & Entertainment, Inc.	226		834
Gaming Partners International Corp.	300		1,668
Gaylord Entertainment Company (I)(L)	6,900		155,319
Great Wolf Resorts, Inc. (I)	4,300		10,664
International Speedway Corp., Class A	1,400		37,394
Isle of Capri Casinos, Inc. (I)	2,600		19,448
Lakes Gaming, Inc. (I)	2,700		5,940
Life Time Fitness, Inc. (I)(L)	6,300		159,768
Luby’s Cafeterias, Inc. (I)	1,984		6,805
Marcus Corp.	3,504		42,784
McCormick & Schmick’s Seafood
Restaurants, Inc. (I)	1,530		12,164
Morton’s Restaurant Group, Inc. (I)	1,148		4,879
MTR Gaming Group, Inc. (I)	3,600		6,336
Multimedia Games, Inc. (I)	1,794		8,199
O’Charley’s, Inc. (I)	3,000		24,270
Papa John’s International, Inc. (I)	15,171		370,324
Pinnacle Entertainment, Inc. (I)	4,129		29,853
Red Robin Gourmet Burgers, Inc. (I)	2,300		45,609
Rick’s Cabaret International, Inc. (I)	1,592		24,596
Royal Caribbean Cruises, Ltd. (I)(L)	18,921		534,897
Rubio’s Restaurants, Inc. (I)	1,314		10,394
Ruby Tuesday, Inc. (I)	7,525		60,877
Sonic Corp. (I)	38,524		327,069
Speedway Motorsports, Inc.	7,077		123,706
Steak N Shake Company (I)(L)	222		75,942
Texas Roadhouse, Inc., Class A (I)	44,440		596,829
Vail Resorts, Inc. (I)(L)	2,949		106,193
Wendy’s/Arby’s Group, Inc., Class A	1,500		7,320
Wyndham Worldwide Corp.	24,966		573,968

			5,141,025
Household Durables - 1.63%
Acme United Corp.	300		2,931
Bassett Furniture Industries, Inc. (I)	796		3,264
Beazer Homes USA, Inc. (I)(L)	5,900		24,544
Blyth, Inc.	347		10,007
Brookfield Homes Corp. (I)(L)	2,800		21,308
Cavco Industries, Inc. (I)	248		8,685
Emerson Radio Corp. (I)	500		1,145
Ethan Allen Interiors, Inc. (L)	36,094		576,060


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Household Durables (continued)
Furniture Brands International, Inc. (I)	7,500	$	41,100
Harman International Industries, Inc. (I)	4,415		190,463
Helen of Troy, Ltd. (I)	2,000		48,340
Hooker Furniture Corp.	1,245		16,272
Jarden Corp.	2,206		70,724
Kid Brands, Inc. (I)	1,967		9,540
La-Z-Boy, Inc. (I)	4,400		55,484
Lennar Corp., Class A	12,600		206,766
Lennar Corp., Class B	300		3,915
Lifetime Brands, Inc. (I)	120		968
M/I Homes, Inc. (I)	2,600		33,410
Meritage Homes Corp. (I)	2,200		47,058
Mohawk Industries, Inc. (I)	2,900		149,582
Palm Harbor Homes, Inc. (I)	130		255
Ryland Group, Inc.	5,000		113,450
Standard Pacific Corp. (I)	17,400		73,428
Stanley Furniture Company, Inc. (I)	1,600		13,440

			1,722,139
Internet & Catalog Retail - 0.03%
1-800-Flowers.com, Inc., Class A (I)	2,014		4,088
dELiA*s, Inc. (I)	3,000		5,100
Gaiam, Inc., Class A (I)	2,500		17,450

			26,638
Leisure Equipment & Products - 0.21%
Arctic Cat, Inc. (I)	1,237		13,310
Brunswick Corp.	6,001		69,252
Callaway Golf Company	6,175		48,968
Jakks Pacific, Inc. (I)	1,400		17,290
RC2 Corp. (I)	1,743		24,594
Sport Supply Group, Inc.	1,526		18,602
Steinway Musical Instruments, Inc. (I)	1,091		19,147
The Nautilus Group, Inc. (I)	2,700		9,180

			220,343
Media - 2.49%
AH Belo Corp. (I)	2,800		20,944
Alloy, Inc. (I)	1,272		10,112
Ascent Media Corp., Class A (I)	300		7,800
Ballantyne of Omaha, Inc. (I)	1,700		6,987
Cinemark Holdings, Inc.	9,951		160,311
Dolan Media Company (I)	3,854		40,159
EW Scripps Company (I)	6,700		51,054
Fisher Communications, Inc. (I)	911		12,945
Gannett Company, Inc.	32,127		486,724
Gray Television, Inc. (I)	2,500		4,150
Harte-Hanks, Inc.	4,357		51,805
Interpublic Group of Companies, Inc. (I)	76,395		572,963
Journal Communications, Inc. (I)	4,800		17,952
Lee Enterprises, Inc. (I)	5,600		21,448
Liberty Media Corp., Capital Series A (I)	9,389		317,724
Live Nation Entertainment, Inc. (I)	10,724		139,305
McClatchy Company, Class A (I)(L)	9,200		44,344
Media General, Inc., Class A (I)	3,800		31,084
New Frontier Media, Inc. (I)	1,891		3,385
Outdoor Channel Holdings, Inc. (I)	671		3,831
Radio One, Inc., Class D (I)	1,892		5,657
RHI Entertainment, Inc. (I)	300		93
Salem Communications Corp., Class A (I)	1,000		5,060
World Wrestling Entertainment,
Inc., Class A (L)	36,438		621,268

			2,637,105
Multiline Retail - 0.46%
Dillard’s, Inc., Class A (L)	11,994		202,339


The accompanying notes are an integral part of the financial statements.	187

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Multiline Retail (continued)
Fred’s, Inc., Class A	4,402	$	45,561
Retail Ventures, Inc. (I)	6,784		60,649
Saks, Inc. (I)(L)	22,686		158,348
Tuesday Morning Corp. (I)	4,400		25,124

			492,021
Specialty Retail - 4.03%
A.C. Moore Arts & Crafts, Inc. (I)	3,277		9,536
Americas Car Mart, Inc. (I)	1,901		50,262
AutoNation, Inc. (I)(L)	15,900		282,225
Barnes & Noble, Inc. (L)	9,129		183,219
Books-A-Million, Inc.	2,077		13,064
Borders Group, Inc. (I)(L)	7,300		10,366
Brown Shoe Company, Inc.	6,362		87,986
Build A Bear Workshop, Inc. (I)	3,500		21,175
Cabela’s, Inc. (I)(L)	4,958		76,651
Cache, Inc. (I)	1,190		5,248
Casual Male Retail Group, Inc. (I)	3,400		10,472
Charming Shoppes, Inc. (I)	14,300		85,085
Christopher & Banks Corp.	4,327		30,029
Citi Trends, Inc. (I)	15,954		474,472
Coldwater Creek, Inc. (I)	2,645		13,728
Collective Brands, Inc. (I)	4,400		99,440
Conn’s, Inc. (I)(L)	2,438		10,971
Destination Maternity Corp. (I)	400		9,048
Dress Barn, Inc. (I)	554		13,772
DSW, Inc., Class A (I)(L)	1,200		32,316
Foot Locker, Inc.	16,400		212,708
Genesco, Inc. (I)	1,604		38,384
Golfsmith International Holdings, Inc. (I)	700		1,778
Group 1 Automotive, Inc. (I)	2,800		77,756
J. Crew Group, Inc. (I)(L)	11,928		501,930
Jo-Ann Stores, Inc. (I)	2,944		111,430
Lithia Motors, Inc., Class A (I)	1,948		12,428
MarineMax, Inc. (I)	3,638		38,490
New York & Company, Inc. (I)	3,700		13,727
Office Depot, Inc. (I)	5,100		36,822
Pacific Sunwear of California, Inc. (I)	8,500		38,080
Penske Auto Group, Inc. (I)(L)	49,757		723,964
Pier 1 Imports, Inc. (I)	6,900		42,159
Rent-A-Center, Inc. (I)	200		4,448
Shoe Carnival, Inc. (I)	2,044		37,262
Stage Stores, Inc.	4,800		63,840
Stein Mart, Inc. (I)	3,100		25,327
Systemax, Inc.	2,345		38,224
The Finish Line, Inc. (L)	7,198		87,024
The Men’s Wearhouse, Inc.	7,600		162,336
The Pep Boys - Manny, Moe & Jack	7,100		67,450
West Marine, Inc. (I)	3,785		35,693
Williams-Sonoma, Inc. (L)	17,900		384,134

			4,274,459
Textiles, Apparel & Luxury Goods - 2.76%
Carter’s, Inc. (I)	19,468		557,953
Crocs, Inc. (I)	6,000		42,300
Culp, Inc. (I)	200		2,604
Delta Apparel, Inc. (I)	200		2,774
G-III Apparel Group, Ltd. (I)	1,378		28,897
Hanesbrands, Inc. (I)	23,268		603,339
Heelys, Inc. (I)	1,265		2,745
Iconix Brand Group, Inc. (I)	10,333		134,639
Jones Apparel Group, Inc.	4,200		70,812
K-Swiss, Inc., Class A (I)	2,017		18,839
Kenneth Cole Productions, Inc., Class A (I)	1,100		12,892
Lakeland Industries, Inc. (I)	700		5,950


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Textiles, Apparel & Luxury Goods (continued)
Lazare Kaplan International, Inc. (I)	200	$	500
Liz Claiborne, Inc. (I)(L)	10,200		70,482
Movado Group, Inc. (I)(L)	2,900		37,120
Perry Ellis International, Inc. (I)	2,600		50,882
Phillips-Van Heusen Corp.	22,777		991,255
Quiksilver, Inc. (I)	13,500		34,695
RG Barry Corp.	1,361		13,188
Rocky Brands, Inc. (I)	395		3,377
Skechers U.S.A., Inc., Class A (I)	2,209		67,883
Tandy Brands Accessories, Inc. (I)	100		354
Timberland Company, Class A (I)	2,796		51,698
Unifi, Inc. (I)	7,300		27,521
Unifirst Corp.	1,724		90,613

			2,923,312

			19,207,079
Consumer Staples - 3.14%
Beverages - 0.28%
Central European Distribution Corp. (I)	5,941		198,132
Constellation Brands, Inc., Class A (I)	5,300		79,712
Craft Brewers Alliance, Inc. (I)	500		1,110
MGP Ingredients, Inc. (I)	2,026		14,405

			293,359
Food & Staples Retailing - 0.50%
Andersons, Inc.	2,861		92,410
Ingles Markets, Inc.	1,570		22,121
Nash Finch Company	200		7,054
Pantry, Inc. (I)	22,500		294,750
Spartan Stores, Inc.	600		8,412
Susser Holdings Corp. (I)	215		1,802
Weis Markets, Inc.	1,721		60,063
Winn-Dixie Stores, Inc. (I)	3,751		41,036

			527,648
Food Products - 1.95%
B&G Foods, Inc.	5,392		50,200
Chiquita Brands International, Inc. (I)(L)	5,723		83,327
Del Monte Foods Company	12,377		145,058
Farmer Brothers Company	100		1,801
Flowers Foods, Inc. (L)	20,914		533,098
Fresh Del Monte Produce, Inc. (I)	1,000		19,410
Hain Celestial Group, Inc. (I)(L)	6,739		106,948
HQ Sustainable Maritime Industries, Inc. (I)	2,144		15,780
Omega Protein Corp. (I)	2,300		9,821
Smithfield Foods, Inc. (I)	19,535		336,197
Tasty Baking Company	900		6,012
TreeHouse Foods, Inc. (I)(L)	17,699		761,588

			2,069,240
Household Products - 0.01%
Central Garden & Pet Company (I)	1,400		14,742
Personal Products - 0.16%
CCA Industries, Inc.	100		542
Elizabeth Arden, Inc. (I)	4,000		72,080
Mannatech, Inc.	838		2,958
Nutraceutical International Corp. (I)	1,856		23,850
Parlux Fragrances, Inc. (I)	1,900		3,439
Physicians Formula Holdings, Inc. (I)	100		208
Prestige Brands Holdings, Inc. (I)	8,597		69,034

			172,111
Tobacco - 0.24%
Alliance One International, Inc. (I)(L)	11,136		57,128


The accompanying notes are an integral part of the financial statements.	188

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Tobacco (continued)
Universal Corp.	3,700	$	196,285

			253,413

			3,330,513
Energy - 8.04%
Energy Equipment & Services - 3.82%
Allis-Chalmers Energy, Inc. (I)	11,700		44,226
Basic Energy Services, Inc. (I)	3,500		33,075
Bolt Technology Corp. (I)	959		10,127
Bristow Group, Inc. (I)	2,132		77,200
Bronco Drilling Company, Inc. (I)	4,401		21,301
Cal Dive International, Inc. (I)	5,136		36,209
Complete Production Services, Inc. (I)	48,642		679,042
Dawson Geophysical Company (I)	1,300		37,141
Dresser-Rand Group, Inc. (I)	17,235		532,734
Exterran Holdings, Inc. (I)	6,219		141,482
Geokinetics, Inc. (I)	1,068		9,046
Global Industries, Ltd. (I)	19,600		132,300
Gulf Islands Fabrication, Inc.	2,264		45,167
Gulfmark Offshore, Inc., Class A (I)	3,620		89,052
Helix Energy Solutions Group, Inc (I)	2,300		26,473
Hercules Offshore, Inc. (I)	4,600		16,836
Hornbeck Offshore Services, Inc. (I)	600		11,328
Key Energy Services, Inc. (I)	18,999		192,650
Mitcham Industries, Inc. (I)	1,100		8,591
Natural Gas Services Group, Inc. (I)	996		15,259
Newpark Resources, Inc. (I)	14,056		72,670
Oceaneering International, Inc. (I)	9,609		580,864
Oil States International, Inc. (I)	8,316		357,754
Parker Drilling Company (I)	4,330		22,213
Patterson-UTI Energy, Inc.	7,900		121,976
PHI, Inc. (I)	2,100		40,992
Pioneer Drilling Company (I)	8,900		63,546
Rowan Companies, Inc. (I)	8,000		208,160
SEACOR Holdings, Inc. (I)	3,000		229,140
Superior Well Services, Inc. (I)(L)	2,400		42,936
T-3 Energy Services, Inc. (I)	1,194		28,346
TetraTechnologies, Inc. (I)	7,049		71,054
TGC Industries, Inc. (I)	1,861		7,667
Trico Marine Services, Inc. (I)(L)	3,000		7,770
Union Drilling, Inc. (I)	3,895		26,019
Willbros Group, Inc. (I)	400		6,040

			4,046,386
Oil, Gas & Consumable Fuels - 4.22%
Alon USA Energy, Inc. (L)	4,863		34,041
Approach Resources, Inc. (I)	2,400		19,944
Arena Resources, Inc. (I)	12,640		523,675
Atlas Energy, Inc. (I)	4,264		139,177
ATP Oil & Gas Corp. (I)(L)	6,100		110,166
Berry Petroleum Company, Class A	800		21,440
Bill Barrett Corp. (I)(L)	2,756		93,456
Cabot Corp.	7,889		229,254
Cimarex Energy Company	7,128		425,969
Clayton Williams Energy, Inc. (I)	900		33,561
Comstock Resources, Inc. (I)	11,509		397,291
Crosstex Energy, Inc. (I)	7,600		58,748
CVR Energy, Inc. (I)	11,326		93,100
Delek US Holdings, Inc.	4,700		34,169
Encore Acquisition Company (I)	900		44,577
Energy Partners, Ltd. (I)	200		2,014
Forest Oil Corp. (I)	25,215		683,327
Frontier Oil Corp.	700		8,673
General Maritime Corp.	700		5,061
Georesources, Inc. (I)	2,059		27,591


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Green Plains Renewable Energy, Inc. (I)	500	$	8,480
Gulfport Energy Corp. (I)	1,196		10,884
Harvest Natural Resources, Inc. (I)	5,600		29,904
HKN, Inc. (I)	200		650
International Coal Group, Inc. (I)(L)	11,600		50,576
Mariner Energy, Inc. (I)	500		7,510
Overseas Shipholding Group, Inc. (L)	4,418		196,557
Patriot Coal Corp. (I)(L)	3,300		54,978
Penn Virginia Corp.	24,114		610,084
Petroleum Development Corp. (I)	2,700		63,477
Petroquest Energy, Inc. (I)	7,291		39,080
Rex Energy Corp. (I)	3,464		47,942
Rosetta Resources, Inc. (I)	100		1,873
Swift Energy Company (I)	1,100		32,769
Tesoro Corp. (L)	21,000		250,320
USEC, Inc. (I)(L)	7,228		31,514
Western Refining, Inc. (I)(L)	12,756		55,361

			4,477,193

			8,523,579
Financials - 18.69%
Commercial Banks - 6.83%
1st Source Corp.	1,264		18,872
Ameris Bancorp (L)	1,968		18,696
Associated Banc Corp. (L)	7,990		103,151
BancFirst Corp.	13,721		547,468
Bancorp, Inc. (I)	3,038		21,357
BancTrust Financial Group, Inc. (L)	2,912		13,191
Bank of Florida Corp. (I)(L)	2,087		2,421
Bank of the Ozarks, Inc.	1,241		38,124
Banner Corp. (L)	2,606		7,062
Boston Private Financial Holdings, Inc.	8,534		58,458
Cadence Financial Corp. (I)	768		1,160
Capital City Bank Group, Inc.	900		11,592
CapitalSource, Inc.	5,200		28,600
Capitol Bancorp, Ltd. (I)(L)	1,108		2,460
Cardinal Financial Corp.	4,674		45,385
Cascade Financial Corp.	800		1,568
Cathay General Bancorp	5,610		54,585
Center Financial Corp. (I)	2,517		12,207
Centerstate Banks, Inc.	200		2,148
Central Jersey Bancorp (I)	710		2,201
Central Pacific Financial Corp. (I)(L)	1,855		2,412
City National Corp.	400		19,968
CoBiz Financial, Inc. (L)	3,084		18,226
Columbia Banking System, Inc.	15,876		324,823
Commerce Bancshares, Inc.	13,387		542,307
Community Trust Bancorp, Inc.	14,731		375,788
Crescent Financial Corp. (I)	510		1,612
East West Bancorp, Inc.	12,742		223,240
Encore Bancshares, Inc. (I)	700		5,670
Enterprise Financial Services Corp.	1,783		15,280
Fidelity Southern Corp. (I)	741		4,261
Financial Institutions, Inc.	600		7,944
First Bancorp (L)	1,915		27,040
First BanCorp/Puerto Rico (L)	8,900		18,868
First Busey Corp.	4,715		17,728
First Community Bancshares, Inc.	300		3,450
First Financial Bankshares, Inc. (L)	7,494		392,311
First Horizon National Corp. (I)	18,375		235,200
First Merchants Corp.	900		5,211
First Midwest Bancorp, Inc. (L)	40,081		544,701
First Security Group, Inc.	1,566		3,852
First South Bancorp, Inc. (L)	500		5,360


The accompanying notes are an integral part of the financial statements.	189

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Commercial Banks (continued)
FirstMerit Corp.	26,187	$	553,593
FNB Corp. (L)	10,120		76,912
FNB United Corp. (L)	1,184		1,468
Fulton Financial Corp.	14,960		143,915
Great Southern Bancorp, Inc.	62		1,417
Greene County Bancshares, Inc. (I)(L)	1,600		9,616
Hampden Bancorp, Inc.	942		9,750
Hampton Roads Bankshares, Inc. (L)	1,451		2,612
Heartland Financial USA, Inc. (L)	1,085		15,754
Heritage Commerce Corp. (I)	1,454		5,089
Huntington Bancshares, Inc.	11,300		54,353
IBERIABANK Corp.	1,900		108,509
Independent Bank Corp.	2,698		66,317
International Bancshares Corp.	9,400		199,280
Intervest Bancshares Corp. (I)	337		1,297
Investors Bancorp, Inc. (I)	452		5,817
Lakeland Bancorp, Inc.	2,316		17,648
Lakeland Financial Corp.	1,400		24,654
Macatawa Bank Corp. (I)	400		600
MainSource Financial Group, Inc.	3,164		20,218
MB Financial, Inc.	6,353		129,284
MBT Financial Corp.	1,037		1,566
Mercantile Bank Corp.	431		1,642
Nara Bancorp, Inc. (I)	3,478		30,711
National Penn Bancshares, Inc.	11,500		79,235
NewBridge Bancorp (I)	300		726
North Valley Bancorp (I)	215		419
Old Second Bancorp, Inc. (L)	1,654		11,231
Oriental Financial Group, Inc.	3,385		37,370
Pacific Capital Bancorp (I)(L)	5,073		6,240
Pacific Mercantile Bancorp (I)	1,399		4,295
Peoples Bancorp, Inc.	719		10,339
Pinnacle Financial Partners, Inc. (I)	4,546		68,690
Preferred Bank/Los Angeles CA (I)	866		1,169
PrivateBancorp, Inc.	100		1,300
Renasant Corp.	1,389		21,196
S & T Bancorp, Inc.	900		15,957
Sandy Spring Bancorp, Inc.	2,520		35,633
SCBT Financial Corp.	200		7,272
Seacoast Banking Corp. of Florida (I)	3,000		4,650
Sierra Bancorp	700		7,245
Southern Community Financial Corp. (I)	1,600		3,424
Southwest Bancorp, Inc.	989		7,734
State Bancorp, Inc.	599		4,343
StellarOne Corp.	3,756		44,433
Sterling Bancshares, Inc.	5,724		27,017
Sun Bancorp, Inc. (I)	739		2,579
Superior Bancorp (I)	117		339
Susquehanna Bancshares, Inc. (L)	13,048		108,951
SVB Financial Group (I)	4,800		213,888
Synovus Financial Corp.	51,541		146,892
Taylor Capital Group, Inc. (I)(L)	1,268		13,935
Texas Capital Bancshares, Inc. (I)	4,887		82,346
TIB Financial Corp. (I)(L)	2,507		2,582
Umpqua Holdings Corp. (L)	11,278		140,749
United Community Banks, Inc. (I)	4,413		18,314
Virginia Commerce Bancorp, Inc. (I)	2,645		15,791
Washington Banking Company	1,315		15,741
Washington Trust Bancorp, Inc.	700		11,921
Webster Financial Corp.	9,459		151,344
WesBanco, Inc.	1,021		15,468
West Coast Bancorp	1,449		3,811
Western Alliance Bancorp (I)	8,632		49,720
Whitney Holding Corp.	8,000		102,800
Wilmington Trust Corp.	300		4,326


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Commercial Banks (continued)
Wilshire Bancorp, Inc.	4,239	$	39,847
Wintrust Financial Corp.	3,269		111,277
Yadkin Valley Financial Corp.	1,614		6,149
Zions Bancorp (L)	16,900		313,326

			7,239,994
Consumer Finance - 0.70%
AmeriCredit Corp. (I)(L)	15,277		339,913
Cash America International, Inc.	4,200		160,986
CompuCredit Holdings Corp. (L)	6,746		23,341
First Marblehead Corp. (I)	9,400		22,184
Nelnet, Inc., Class A	5,814		91,396
Student Loan Corp.	1,358		49,078
United Panam Financial Corp. (I)	100		307
World Acceptance Corp. (I)	1,317		55,037

			742,242
Diversified Financial Services - 2.49%
Affiliated Managers Group, Inc. (I)(L)	6,010		427,491
American Capital, Ltd. (I)	3,000		12,900
Asset Acceptance Capital Corp. (I)	2,909		16,494
Asta Funding, Inc.	1,722		11,606
Capital Southwest Corp.	497		43,368
Cowen Group, Inc., Class A (I)	727		3,955
Encore Capital Group, Inc. (I)	3,459		62,400
FirstCity Financial Corp (I)	400		2,320
GAMCO Investors, Inc., Class A	8,045		350,038
GFI Group, Inc.	7,507		41,364
Harris & Harris Group, Inc. (I)	1,695		7,695
International Assets Holding Corp. (I)	531		8,289
Investment Technology Group, Inc. (I)	5,191		88,351
JMP Group, Inc.	3,000		23,160
KBW, Inc. (I)(L)	21,804		518,063
Marlin Business Services Corp. (I)	400		3,572
MCG Capital Corp. (I)	13,115		67,149
Medallion Financial Corp.	1,250		10,113
MF Global Holdings, Ltd. (I)(L)	17,100		118,332
MicroFinancial, Inc.	400		1,344
NewStar Financial, Inc. (I)	5,979		37,429
Penson Worldwide, Inc. (I)(L)	4,093		38,515
PHH Corp. (I)	8,361		154,762
Resource America, Inc.	1,800		7,650
Safeguard Scientifics, Inc. (I)	2,900		34,046
SEI Investments Company	27,132		478,066
SWS Group, Inc.	4,200		50,610
Thomas Weisel Partners Group, Inc. (I)	3,724		15,008

			2,634,090
Insurance - 5.46%
21st Century Holding Company	1,233		5,166
Affirmative Insurance Holdings, Inc. (I)	1,153		5,615
Alleghany Corp. (I)	100		27,725
American Equity Investment Life
Holding Company	10,000		88,000
American Financial Group, Inc.	5,300		137,111
American National Insurance Company	108		11,722
American Safety Insurance Holdings, Ltd. (I)	1,400		19,880
AMERISAFE, Inc. (I)	1,900		32,699
Argo Group International Holdings, Ltd.	4,962		138,092
Arthur J. Gallagher & Company	19,144		454,287
Aspen Insurance Holdings, Ltd.	3,100		87,606
Assurant, Inc.	3,600		109,872
Assured Guaranty, Ltd.	8,500		179,350
CNA Surety Corp. (I)	1,879		30,289
Conseco, Inc. (I)	18,800		93,624
Delphi Financial Group, Inc.	6,700		142,911


The accompanying notes are an integral part of the financial statements.	190

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Insurance (continued)
Donegal Group, Inc.	646	$	9,503
Eastern Insurance Holdings, Inc.	1,600		15,648
eHealth, Inc. (I)	23,951		399,982
Endurance Specialty Holdings, Ltd.	3,100		119,226
FBL Financial Group, Inc., Class A	500		10,160
First Acceptance Corp. (I)	4,470		9,476
First American Corp.	2,000		64,460
First Mercury Financial Corp.	2,500		35,575
Flagstone Reinsurance Holdings, Ltd.	9,676		110,693
FPIC Insurance Group, Inc. (I)	12,886		475,107
Genworth Financial, Inc., Class A (I)	1,693		26,986
Hallmark Financial Services, Inc. (I)	3,594		28,572
Hanover Insurance Group, Inc.	9,655		406,958
HCC Insurance Holdings, Inc.	2,700		75,330
Hilltop Holdings, Inc. (I)	7,579		90,645
Independence Holding Company	1,560		13,603
Max Capital Group, Ltd.	1,100		26,554
MBIA, Inc. (I)(L)	32,626		157,257
Meadowbrook Insurance Group, Inc.	6,998		49,546
Mercer Insurance Group, Inc.	100		1,797
National Financial Partners Corp. (I)	6,530		75,030
Old Republic International Corp.	24,854		280,602
OneBeacon Insurance Group, Ltd.	3,729		56,569
Phoenix Companies, Inc. (I)(L)	19,500		46,215
Protective Life Corp.	10,742		197,223
Reinsurance Group of America, Inc.	2,049		97,389
Safety Insurance Group, Inc.	1,203		44,679
SeaBright Insurance Holdings, Inc.	2,899		30,468
StanCorp Financial Group, Inc.	500		21,490
Stewart Information Services Corp.	1,100		15,466
Tower Group, Inc.	6,396		145,637
Transatlantic Holdings, Inc.	6,044		300,387
United America Indemnity, Ltd. (I)	2,807		22,709
Unitrin, Inc.	7,470		180,475
Universal Insurance Holdings, Inc.	1,687		10,206
Validus Holdings, Ltd.	3,648		102,108
White Mountains Insurance Group, Ltd.	770		266,913
Zenith National Insurance Corp.	5,148		196,087

			5,780,680
Real Estate Investment Trusts - 2.19%
Alexandria Real Estate Equities, Inc. (L)	7,038		433,682
Digital Realty Trust, Inc. (L)	10,500		541,590
LaSalle Hotel Properties (L)	29,120		565,219
Senior Housing Properties Trust	20,231		420,602
Universal Health Realty Income Trust	10,720		362,658

			2,323,751
Real Estate Management & Development - 0.29%
Avatar Holdings, Inc. (I)	1,250		20,150
Forest City Enterprises, Inc., Class A (I)(L)	6,938		83,256
Jones Lang LaSalle, Inc.	2,949		187,822
Market Leader, Inc. (I)	500		950
Thomas Properties Group, Inc.	2,600		7,098
ZipRealty, Inc. (I)	1,500		7,500

			306,776
Thrifts & Mortgage Finance - 0.73%
Abington Bancorp, Inc.	1,501		11,543
Astoria Financial Corp.	900		11,943
Atlantic Coast Federal Corp.	901		1,451
B of I Holding, Inc. (I)	200		2,606
Bank Mutual Corp.	2,812		18,250
BankAtlantic Bancorp, Inc. (I)(L)	8,439		10,633
BankFinancial Corp.	2,921		28,042
Berkshire Hill Bancorp, Inc.	2,325		41,571


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Thrifts & Mortgage Finance (continued)
Doral Financial Corp. (I)(L)	4,400	$	13,772
ESSA Bancorp, Inc.	162		1,895
Federal Agricultural Mortgage
Corp., Class C (L)	1,387		12,122
First Defiance Financial Corp.	560		5,510
First Financial Holdings, Inc.	2,500		29,900
First Financial Northwest, Inc.	2,624		17,161
Flushing Financial Corp.	4,633		58,793
Home Federal Bancorp, Inc.	2,577		34,351
K-Fed Bancorp	79		658
Legacy Bancorp, Inc.	689		6,766
Louisiana Bancorp, Inc. (I)	100		1,460
Meridian Interstate Bancorp, Inc. (I)	309		3,090
MGIC Investment Corp. (I)(L)	1,500		11,490
New England Bancshares, Inc.	100		555
NewAlliance Bancshares, Inc.	2,600		31,148
OceanFirst Financial Corp.	300		3,066
Ocwen Financial Corp. (I)	6,390		69,076
People’s United Financial, Inc.	2,162		34,095
PMI Group, Inc. (I)(L)	14,100		39,480
Provident Financial Holdings, Inc.	505		1,646
Provident New York Bancorp	2,300		20,056
Radian Group, Inc.	3,700		36,334
Rome Bancorp, Inc.	600		5,166
TierOne Corp. (I)	1,301		846
Tree.com, Inc. (I)	1,200		10,188
United Financial Bancorp, Inc.	677		8,862
United Western Bancorp, Inc.	928		2,255
Washington Federal, Inc.	8,700		169,563
Waterstone Financial, Inc. (I)	718		1,738
Westfield Financial, Inc.	2,215		18,362

			775,443

			19,802,976
Health Care - 9.98%
Biotechnology - 0.27%
ARCA Biopharma, Inc. (I)	100		295
Celera Corp. (I)	4,364		26,140
Intermune, Inc. (I)	14,346		197,114
Martek Biosciences Corp. (I)(L)	1,700		33,711
Maxygen, Inc. (I)	6,300		33,768

			291,028
Health Care Equipment & Supplies - 3.07%
AngioDynamics, Inc. (I)	1,724		28,032
Anika Therapeutics, Inc. (I)	800		5,032
Cardiac Science Corp. (I)	635		1,340
Cooper Companies, Inc. (L)	24,331		974,700
Cutera, Inc. (I)	1,920		18,048
Cynosure, Inc. (I)	1,100		10,879
Digirad Corp. (I)	1,987		3,676
EV3, Inc. (I)	40,739		592,752
Haemonetics Corp. (I)	8,296		443,753
Health Tronics, Inc. (I)	6,500		19,630
Hologic, Inc. (I)	4,200		72,450
Home Diagnostics, Inc. (I)	1,312		15,114
Invacare Corp. (L)	23,035		628,395
Inverness Medical Innovations, Inc. (I)	7,254		283,051
LeMaitre Vascular, Inc. (I)	300		1,470
Osteotech, Inc. (I)	1,200		4,668
Palomar Medical Technologies, Inc. (I)	800		7,224
RTI Biologics, Inc. (I)	6,703		25,136
Solta Medical, Inc. (I)	1,027		2,033
SonoSite, Inc. (I)(L)	1,092		32,345
Spectranetics Corp. (I)	787		5,226


The accompanying notes are an integral part of the financial statements.	191

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Equipment & Supplies (continued)
Symmetry Medical, Inc. (I)	5,826	$	50,104
TomoTherapy, Inc. (I)	5,800		19,198
Young Innovations, Inc.	200		5,360

			3,249,616
Health Care Providers & Services - 3.56%
Air Methods Corp. (I)	1,657		44,093
Allied Healthcare International, Inc. (I)	7,732		21,418
American Dental Partners, Inc. (I)	2,602		33,826
AMN Healthcare Services, Inc. (I)	2,215		20,422
AmSurg Corp. (I)	800		16,528
Animal Health International, Inc. (I)	200		402
Assisted Living Concepts, Inc. (I)	1,680		46,486
Brookdale Senior Living, Inc. (I)	7,591		136,486
Capital Senior Living Corp. (I)	4,725		21,830
Community Health Systems, Inc. (I)	3,100		106,237
Coventry Health Care, Inc. (I)	3,667		85,001
Cross Country Healthcare, Inc. (I)	1,200		11,796
Dynacq Healthcare, Inc. (I)	941		2,804
Emdeon, Inc., Class A (I)	30,833		480,995
Five Star Quality Care, Inc. (I)	4,700		14,335
Gentiva Health Services, Inc. (I)	23,114		640,489
Health Net, Inc. (I)	13,712		316,610
Healthspring, Inc. (I)	4,500		82,845
Healthways, Inc. (I)	5,068		76,121
Integramed America, Inc. (I)	400		3,100
inVentiv Health, Inc. (I)	5,073		74,472
LCA-Vision, Inc. (I)	1,330		10,574
LifePoint Hospitals, Inc. (I)	2,042		62,281
MedCath Corp. (I)	2,300		15,571
Molina Healthcare, Inc. (I)	1,816		38,826
Nighthawk Radiology Holdings, Inc. (I)	1,780		5,287
NovaMed, Inc. (I)(L)	2,937		11,131
Owens & Minor, Inc.	10,381		463,512
Prospect Medical Holdings, Inc. (I)	1,000		6,370
Psychiatric Solutions, Inc. (I)(L)	2,300		49,335
Res-Care, Inc. (I)	606		5,527
Skilled Healthcare Group, Inc. (I)	2,200		14,234
Sun Healthcare Group, Inc. (I)	1,500		13,335
Triple-S Management Corp., Class B (I)	3,488		60,447
Universal American Financial Corp. (I)	13,027		187,719
Universal Health Services, Inc., Class B	18,711		580,415
WellCare Health Plans, Inc. (I)	600		16,020

			3,776,880
Health Care Technology - 0.66%
athenahealth, Inc. (I)(L)	5,932		218,535
HealthStream, Inc. (I)	300		1,158
Omnicell, Inc. (I)	32,831		444,203
Vital Images, Inc. (I)	2,100		33,264

			697,160
Life Sciences Tools & Services - 0.74%
BioClinica, Inc. (I)	1,600		6,912
Caliper Life Sciences, Inc. (I)	200		726
Cambrex Corp. (I)	3,548		13,376
Dionex Corp. (I)	7,208		492,306
Enzo Biochem, Inc. (I)	1,536		8,033
eResearch Technology, Inc. (I)	36,161		218,774
Harvard Bioscience, Inc. (I)	3,612		12,606
Kendle International, Inc. (I)	1,600		27,248
Medtox Scientific, Inc. (I)	623		5,682

			785,663
Pharmaceuticals - 1.68%
Biodel, Inc. (I)	1,308		5,219


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Pharmaceuticals (continued)
Biovail Corp.	35,045	$	519,717
BMP Sunstone Corp. (I)	3,700		19,980
K-V Pharmaceutical Company, Class A (I)	4,341		13,718
King Pharmaceuticals, Inc. (I)	5,100		57,375
Medicis Pharmaceutical Corp., Class A	2,000		45,000
Par Pharmaceutical Companies, Inc. (I)	2,620		65,579
Supergen, Inc. (I)	2,200		6,072
ViroPharma, Inc. (I)	50,221		625,754
Vivus, Inc. (I)(L)	49,637		416,951

			1,775,365

			10,575,712
Industrials - 17.58%
Aerospace & Defense - 2.09%
AAR Corp. (I)(L)	30,784		698,181
Aerovironment, Inc. (I)(L)	11,702		283,774
BE Aerospace, Inc. (I)	16,900		437,710
Ceradyne, Inc. (I)	1,800		40,572
CPI Aerostructures, Inc. (I)	42		273
Curtiss-Wright Corp.	11,778		377,485
Ducommun, Inc.	1,756		30,712
Esterline Technologies Corp. (I)	2,702		111,187
Innovative Solutions & Support, Inc. (I)	975		4,193
Kratos Defense & Security Solutions, Inc. (I)	1,500		19,620
Ladish Company, Inc. (I)	2,600		43,732
LMI Aerospace, Inc. (I)	1,616		20,507
SIFCO Industries, Inc.	400		5,700
Sparton Corp. (I)	1,700		9,775
Sypris Solutions, Inc. (I)	500		1,390
Triumph Group, Inc. (L)	2,400		125,616

			2,210,427
Air Freight & Logistics - 0.67%
Air Transport Services Group, Inc. (I)	2,600		6,604
Atlas Air Worldwide Holdings, Inc. (I)	2,177		98,139
Dynamex, Inc. (I)	974		16,948
Pacer International, Inc. (I)	3,866		18,595
Park-Ohio Holdings Corp. (I)	870		6,943
UTI Worldwide, Inc.	37,514		560,084

			707,313
Airlines - 0.66%
Airtran Holdings, Inc. (I)	500		2,410
Alaska Air Group, Inc. (I)	1,100		38,500
Allegiant Travel Company (I)(L)	9,690		505,237
ExpressJet Holdings, Inc. (I)	1,600		5,968
JetBlue Airways Corp. (I)(L)	5,200		27,456
Pinnacle Airlines Corp. (I)	2,500		20,325
Republic Airways Holdings, Inc. (I)	387		2,357
SkyWest, Inc.	6,760		99,778

			702,031
Building Products - 0.84%
Ameron International Corp.	1,300		89,531
Apogee Enterprises, Inc.	4,581		65,462
Armstrong World Industries, Inc. (I)	800		29,456
Gibraltar Industries, Inc. (I)	3,701		43,228
Griffon Corp. (I)	10,221		126,536
Insteel Industries, Inc.	1,427		14,484
Owens Corning, Inc. (I)(L)	9,932		233,700
PGT, Inc. (I)	3,400		5,746
Universal Forest Products, Inc.	2,234		78,726
US Home Systems, Inc. (I)	400		908
USG Corp. (I)(L)	15,000		202,200

			889,977


The accompanying notes are an integral part of the financial statements.	192

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Commercial Services & Supplies - 2.50%
ABM Industries, Inc.	30,052	$	615,465
ACCO Brands Corp. (I)	2,236		16,032
American Reprographics Company (I)	500		3,580
AMREP Corp. (I)	100		1,340
Bowne & Company, Inc.	6,420		71,455
Casella Waste Systems, Inc., Class A (I)	4,000		18,120
CECO Environmental Corp. (I)	2,241		8,449
Consolidated Graphics, Inc. (I)	1,300		57,902
Cornell Corrections, Inc. (I)	761		14,185
Courier Corp.	449		6,910
EnerNOC, Inc. (I)(L)	9,587		253,480
Ennis Business Forms, Inc.	3,063		47,078
G & K Services, Inc., Class A	500		12,485
Interface, Inc., Class A	1,095		9,417
Intersections, Inc. (I)	2,600		10,816
Kimball International, Inc., Class B	3,313		21,899
McGrath Rentcorp	800		19,136
Mobile Mini, Inc. (I)	5,298		72,000
Multi-Color Corp.	400		5,056
North American Galvanizing &
Coatings, Inc. (I)	1,100		5,478
Schawk, Inc., Class A	1,975		25,892
Steelcase, Inc. Class A	10,496		68,959
SYKES Enterprises, Inc. (I)	375		8,929
Team, Inc. (I)	29,683		538,153
United Stationers, Inc. (I)	2,307		131,753
Versar, Inc. (I)	353		1,041
Viad Corp.	3,317		63,388
Virco Manufacturing	700		2,478
Waste Connections, Inc. (I)	14,050		472,361
Waste Services, Inc. (I)	6,673		67,264

			2,650,501
Construction & Engineering - 0.26%
Dycom Industries, Inc. (I)	3,796		34,278
Great Lakes Dredge & Dock Corp.	8,400		38,052
Integrated Electrical Services, Inc. (I)	427		2,024
Layne Christensen Company (I)	2,684		74,025
Northwest Pipe Company (I)	1,513		35,752
Pike Electric Corp. (I)	2,944		24,788
Tutor Perini Corp. (I)(L)	3,300		65,241

			274,160
Electrical Equipment - 2.13%
Baldor Electric Company	26,782		841,490
Belden, Inc.	22,579		478,223
BTU International, Inc. (I)	682		3,628
C & D Technologies, Inc. (I)(L)	2,160		3,564
Chase Corp.	1,432		17,198
Encore Wire Corp. (L)	3,200		64,320
EnerSys, Inc. (I)	8,100		184,599
Evergreen Solar, Inc. (I)(L)	21,098		23,630
GrafTech International, Ltd. (I)	40,842		510,117
LSI Industries, Inc.	2,092		12,824
Ocean Power Technologies, Inc. (I)	1,700		11,407
Orion Energy Systems, Inc. (I)	600		3,096
Polypore International, Inc. (I)	5,300		79,341
PowerSecure International, Inc. (I)	1,924		14,315
SL Industries, Inc. (I)	300		2,415

			2,250,167
Industrial Conglomerates - 0.04%
Standex International Corp.	1,850		46,065
Machinery - 4.70%
Alamo Group, Inc.	1,956		34,836


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Machinery (continued)
Albany International Corp., Class A	3,813	$	73,667
Altra Holdings, Inc. (I)	2,170		25,064
American Railcar Industries, Inc.	3,234		30,561
Ampco-Pittsburgh Corp.	836		21,535
Barnes Group, Inc.	3,881		62,329
Briggs & Stratton Corp.	8,405		147,172
Cascade Corp.	1,291		35,657
Chart Industries, Inc. (I)	4,042		82,295
Columbus McKinnon Corp. (I)	2,831		40,738
EnPro Industries, Inc. (I)	2,500		69,200
Federal Signal Corp.	6,880		52,770
Freightcar America, Inc.	1,300		27,521
Gardner Denver, Inc.	12,762		556,551
Gencor Industries, Inc. (I)	604		4,270
Greenbrier Companies, Inc. (I)	2,847		26,164
Hardinge, Inc.	1,100		9,075
Hurco Companies, Inc. (I)	1,000		17,350
IDEX Corp.	17,656		547,336
Key Technology, Inc. (I)	105		1,346
Lydall, Inc. (I)	1,800		14,382
MFRI, Inc. (I)	100		640
Miller Industries, Inc.	1,084		12,791
Mueller Industries, Inc.	2,231		49,930
Mueller Water Products, Inc.	20,625		95,494
NACCO Industries, Inc., Class A	1,100		51,480
NN, Inc. (I)	2,585		9,177
Portec Rail Products, Inc.	1,454		17,012
RBC Bearings, Inc. (I)	16,780		425,037
Robbins & Myers, Inc.	4,900		118,433
Sauer-Danfoss, Inc. (I)	3,807		45,798
Tennant Company	1,700		40,562
The Manitowoc Company, Inc. (L)	19,800		230,868
Timken Company	13,200		346,236
Titan International, Inc. (L)	66,893		551,867
Trinity Industries, Inc. (L)	29,056		489,012
Twin Disc, Inc.	1,423		15,553
Valmont Industries, Inc. (L)	6,502		462,942
Wabash National Corp. (I)	2,800		8,232
Watts Water Technologies, Inc., Class A	4,496		131,103

			4,981,986
Marine - 0.34%
Alexander & Baldwin, Inc.	5,727		184,295
Eagle Bulk Shipping, Inc. (I)(L)	10,300		53,869
Genco Shipping & Trading, Ltd. (I)(L)	5,300		111,300
Horizon Lines, Inc. (L)	2,817		11,381

			360,845
Professional Services - 0.42%
Barrett Business Services, Inc.	753		9,149
CDI Corp.	2,784		39,783
CRA International, Inc. (I)	1,339		35,617
Diamond Management & Technology
Consultants, Inc.	2,100		15,225
Franklin Covey Company (I)	1,900		11,115
GP Strategies Corp. (I)	2,090		16,427
Heidrick & Struggles International, Inc.	1,007		27,159
Hudson Highland Group, Inc. (I)	3,400		14,824
Kelly Services, Inc., Class A (I)	4,014		63,140
Kforce, Inc. (I)	1,718		22,884
Korn/Ferry International (I)	3,249		55,493
LECG Corp. (I)	3,950		11,258
National Technical Systems, Inc.	500		2,750
On Assignment, Inc. (I)	5,471		36,054
RCM Technologies, Inc. (I)	100		275


The accompanying notes are an integral part of the financial statements.	193

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Professional Services (continued)
School Specialty, Inc. (I)	2,200	$	46,970
Volt Information Sciences, Inc. (I)	3,468		36,934

			445,057
Road & Rail - 1.55%
AMERCO, Inc. (I)	3,360		176,165
Arkansas Best Corp.	200		5,248
Avis Budget Group, Inc. (I)	6,800		71,536
Celadon Group, Inc. (I)	1,601		19,564
Dollar Thrifty Automotive Group, Inc. (I)	300		9,012
Landstar System, Inc.	12,778		509,714
Old Dominion Freight Lines, Inc. (I)	16,333		502,076
P.A.M. Transportation Services, Inc. (I)	1,563		23,414
Ryder Systems, Inc.	8,700		307,023
USA Truck, Inc. (I)	1,601		21,213

			1,644,965
Trading Companies & Distributors - 1.36%
Aceto Corp.	1,200		6,276
Aircastle, Ltd.	11,000		107,030
Beacon Roofing Supply, Inc. (I)	31,245		543,663
GATX Corp.	7,284		194,119
H&E Equipment Services, Inc. (I)	5,736		55,754
Interline Brands, Inc. (I)	5,163		91,385
Kaman Corp., Class A	408		9,772
Rush Enterprises, Inc., Class B (I)	9,000		86,580
TAL International Group, Inc.	4,902		89,363
Titan Machinery, Inc. (I)(L)	2,556		30,442
United Rentals, Inc. (I)	10,100		76,255
WESCO International, Inc. (I)	4,994		144,277

			1,434,916
Transportation Infrastructure - 0.02%
CAI International, Inc. (I)	2,400		23,688

			18,622,098
Information Technology - 16.00%
Communications Equipment - 2.20%
Arris Group, Inc. (I)	11,525		118,938
Aviat Networks Incaviat Networks, Inc. (I)	7,300		44,895
Aware, Inc. (I)	3,300		8,712
Bel Fuse, Inc., Class B	1,382		31,413
CommScope, Inc. (I)	7,100		180,979
Communications Systems, Inc.	588		7,032
Comtech Telecommunications Corp. (I)(L)	12,855		406,475
Digi International, Inc. (I)	2,751		27,923
EchoStar Corp., Class A (I)	1,200		24,168
Emulex Corp. (I)	12,377		157,188
Globecomm Systems, Inc. (I)	3,154		24,065
Hughes Communications, Inc. (I)	1,096		30,874
JDS Uniphase Corp. (I)	92,731		995,004
KVH Industries, Inc. (I)	2,148		26,206
Loral Space & Communications, Inc. (I)	1,181		38,418
NETGEAR, Inc. (I)	847		21,471
Occam Networks, Inc. (I)	3,450		24,357
Oplink Communications, Inc. (I)	1,660		25,630
OpNext, Inc. (I)	5,400		11,016
Orbcomm, Inc. (I)	7,200		17,424
Performance Technologies, Inc. (I)	1,302		3,541
Seachange International, Inc. (I)	3,200		22,656
Sycamore Networks, Inc.	1,833		35,304
Tollgrade Communications, Inc. (I)	1,621		10,569
UTStarcom, Inc. (I)(L)	14,500		31,610

			2,325,868


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Computers & Peripherals - 0.33%
ActivIdentity Corp. (I)	3,580	$	8,914
Avid Technology, Inc. (I)	5,224		70,263
Concurrent Computer Corp. (I)	526		2,425
Cray, Inc. (I)	1,700		8,908
Datalink Corp. (I)	1,469		6,111
Electronics for Imaging, Inc. (I)	3,231		38,320
Hutchinson Technology, Inc. (I)	3,000		19,800
Imation Corp. (I)	4,897		45,052
Immersion Corp. (I)	4,187		17,125
Interphase Corp. (I)	400		916
Intevac, Inc. (I)	3,491		49,467
KEY Tronic Corp. (I)	400		2,112
Novatel Wireless, Inc. (I)	4,100		27,306
Silicon Graphics International Corp. (I)	5,100		54,774

			351,493
Electronic Equipment, Instruments & Components - 4.28%
Anixter International, Inc. (I)	12,943		540,241
Arrow Electronics, Inc. (I)	13,183		371,892
AVX Corp.	5,685		69,926
Benchmark Electronics, Inc. (I)	4,167		82,507
Checkpoint Systems, Inc. (I)	6,638		136,876
Cognex Corp.	1,647		31,128
Coherent, Inc. (I)	1,300		41,327
CPI International, Inc. (I)	2,407		29,678
DDi Corp. (I)	2,965		14,973
Electro Rent Corp.	3,632		42,240
FARO Technologies, Inc. (I)	1,507		36,078
Gerber Scientific, Inc. (I)	3,731		23,468
ID Systems, Inc. (I)	651		1,855
Ingram Micro, Inc., Class A (I)	51,868		918,064
Insight Enterprises, Inc. (I)	4,514		57,734
IntriCon Corp. (I)	80		239
Jabil Circuit, Inc.	3,749		56,872
L-1 Identity Solutions, Inc. (I)	10,594		90,261
Littelfuse, Inc. (I)	664		23,632
LoJack Corp. (I)	1,501		6,424
Measurement Specialties, Inc. (I)	2,180		30,912
Mercury Computer Systems, Inc. (I)	800		9,776
Methode Electronics, Inc.	4,959		61,690
Multi-Fineline Electronix, Inc. (I)	1,653		36,035
NU Horizons Electronics Corp. (I)	1,500		6,525
OSI Systems, Inc. (I)	25,150		775,626
PAR Technology Corp. (I)	1,700		10,030
PC Connection, Inc. (I)	400		2,512
PC Mall, Inc. (I)	1,332		6,207
Perceptron, Inc. (I)	246		886
Planar Systems, Inc. (I)	1,500		3,975
RadiSys Corp. (I)	1,416		11,654
Richardson Electronics, Ltd.	1,662		13,063
Rofin-Sinar Technologies, Inc. (I)	11,670		239,118
Rogers Corp. (I)	1,400		38,430
Sanmina-SCI Corp. (I)	2,300		38,042
ScanSource, Inc. (I)	1,044		27,144
Smart Modular Technologies (WWH), Inc. (I)	6,530		41,792
Spectrum Control, Inc. (I)	2,017		23,317
SYNNEX Corp. (I)	300		8,592
Tech Data Corp. (I)	5,999		256,997
Tessco Technologies, Inc.	379		7,417
TTM Technologies, Inc. (I)	5,177		44,212
Viasystems Group, Inc. (I)	11		240
Vicon Industries, Inc. (I)	102		521
Vishay Intertechnology, Inc. (I)	23,932		245,303
X-Rite, Inc. (I)	2,100		6,237


The accompanying notes are an integral part of the financial statements.	194

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Electronic Equipment, Instruments &
Components (continued)
Zygo Corp. (I)	1,490	$	14,602

			4,536,270
Internet Software & Services - 2.16%
Ancestry.com, Inc. (I)(L)	21,907		348,979
DealerTrack Holdings, Inc. (I)	2,284		32,478
DivX, Inc. (I)	4,700		28,388
GSI Commerce, Inc. (I)	21,420		534,857
IAC/InterActiveCorp (I)	11,000		246,290
InfoSpace, Inc. (I)	5,972		60,198
Internap Network Services Corp. (I)	8,747		43,997
Internet Brands, Inc., Class A (I)	2,900		23,896
Marchex, Inc., Class B	3,900		20,046
ModusLink Global Solutions, Inc. (I)	7,424		73,498
Open Text Corp. (I)	13,711		666,903
Perficient, Inc. (I)	1,626		18,049
RealNetworks, Inc. (I)	15,401		70,845
Soundbite Communications, Inc. (I)	200		556
Support.com, Inc. (I)	6,500		19,110
TechTarget, Inc. (I)	2,000		10,460
TheStreet.com, Inc.	3,159		11,088
United Online, Inc.	8,663		54,230
Web.com Group, Inc. (I)	4,251		20,235

			2,284,103
IT Services - 1.88%
Acorn Energy, Inc. (I)	800		5,232
Acxiom Corp. (I)	7,534		127,023
CACI International, Inc., Class A (I)	10,846		537,528
CIBER, Inc. (I)	11,700		43,641
Computer Task Group, Inc. (I)	200		1,514
Convergys Corp. (I)	15,251		188,197
Cybersource Corp. (I)(L)	28,754		492,556
infoGROUP, Inc. (I)	2,670		21,440
INX, Inc. (I)	814		4,046
Online Resources Corp. (I)	4,100		15,047
SRA International, Inc., Class A (I)	2,312		44,067
StarTek, Inc. (I)	1,937		12,649
TechTeam Global, Inc. (I)	1,203		7,916
The Hackett Group, Inc. (I)	5,572		15,323
Wright Express Corp. (I)	16,862		477,532

			1,993,711
Semiconductors & Semiconductor Equipment - 3.28%
Advanced Analogic Technologies, Inc. (I)	1,517		4,976
Amtech Systems, Inc. (I)	727		6,310
Anadigics, Inc. (I)	8,400		34,524
ATMI, Inc. (I)	25,550		430,262
AuthenTec, Inc. (I)	3,000		6,930
AXT, Inc. (I)	4,700		16,450
Cascade Microtech, Inc. (I)	1,613		6,694
Ceva, Inc. (I)	1,788		20,902
Cohu, Inc.	3,943		52,836
Cymer, Inc. (I)	15,974		500,306
Diodes, Inc. (I)	4,700		92,167
DSP Group, Inc. (I)	2,810		20,597
Exar Corp. (I)	6,552		48,419
Fairchild Semiconductor International, Inc. (I)	16,880		174,202
FormFactor, Inc. (I)	2,814		46,290
GSI Technology, Inc. (I)	3,700		16,539
Ikanos Communications, Inc. (I)	900		2,277
Integrated Device Technology, Inc. (I)	24,164		132,177
Integrated Silicon Solution, Inc. (I)	3,800		31,198
International Rectifier Corp. (I)(L)	10,774		217,958
IXYS Corp. (I)	893		7,599


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Semiconductors & Semiconductor Equipment (continued)
Lattice Semiconductor Corp. (I)	19,000	$	54,530
Mattson Technology, Inc. (I)	6,000		22,140
MEMSIC, Inc. (I)	1,071		3,856
MKS Instruments, Inc. (I)	27,720		499,792
MoSys, Inc. (I)	1,600		5,840
Nanometrics, Inc. (I)	1,100		10,417
OmniVision Technologies, Inc. (I)	7,300		106,069
Pericom Semiconductor Corp. (I)	3,101		29,118
Photronics, Inc. (I)	8,300		36,520
Rudolph Technologies, Inc. (I)	1,000		7,960
Semtech Corp. (I)	32,970		523,234
Sigma Designs, Inc. (I)	3,900		45,630
Silicon Image, Inc. (I)	9,362		22,656
Standard Microsystems Corp. (I)	1,599		31,212
Trident Microsystems, Inc. (I)	5,100		7,548
TriQuint Semiconductor, Inc. (I)	15,543		111,754
Ultra Clean Holdings, Inc. (I)	50		444
Virage Logic Corp. (I)	2,137		14,767
Zoran Corp. (I)	6,512		73,846

			3,476,946
Software - 1.87%
American Software, Inc., Class A	717		4,144
Ariba, Inc. (I)	55,355		664,814
Bsquare Corp. (I)	100		240
Dynamics Research Corp. (I)	700		7,210
ePlus, Inc. (I)	1,020		16,728
JDA Software Group, Inc. (I)	3,074		86,994
Kenexa Corp. (I)	1,877		18,526
Parametric Technology Corp. (I)(L)	30,116		524,320
Quest Software, Inc. (I)	30,333		511,111
Smith Micro Software, Inc. (I)	1,870		16,381
SonicWALL, Inc. (I)	7,879		63,111
THQ, Inc. (I)(L)	11,400		69,084

			1,982,663

			16,951,054
Materials - 5.89%
Chemicals - 2.13%
American Pacific Corp. (I)	724		4,684
Arabian American Development Company (I)	100		291
Ashland, Inc.	900		42,372
Cytec Industries, Inc.	7,800		332,826
Ferro Corp. (I)	7,030		57,576
Flotek Industries, Inc. (I)(L)	1,994		2,692
FMC Corp.	8,417		481,200
Huntsman Corp.	4,200		57,666
ICO, Inc.	3,571		28,211
Innospec, Inc. (I)	1,200		12,780
KMG Chemicals, Inc.	800		10,648
Landec Corp. (I)	3,200		19,392
LSB Industries, Inc. (I)	1,527		21,699
Minerals Technologies, Inc.	2,100		102,543
OM Group, Inc. (I)	2,754		94,793
Penford Corp. (I)	1,910		21,277
Quaker Chemical Corp.	975		19,315
Rockwood Holdings, Inc. (I)	9,739		233,639
Spartech Corp. (I)	4,700		47,893
Westlake Chemical Corp.	6,868		139,077
Zep, Inc.	21,235		469,081
Zoltek Companies, Inc. (I)(L)	5,800		51,562

			2,251,217
Construction Materials - 0.17%
Headwaters, Inc. (I)	9,904		49,421


The accompanying notes are an integral part of the financial statements.	195

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Opportunities Fund (continued)
	Shares or
	Principal
	Amount		Value



COMMON STOCKS (continued)
Construction Materials (continued)
Texas Industries, Inc.	3,700	$	131,461

			180,882
Containers & Packaging - 0.97%
AptarGroup, Inc.	12,766		491,874
Boise, Inc. (I)(L)	11,900		56,525
Bway Holding Company (I)	2,549		38,413
Graphic Packaging Holding Company (I)	15,290		53,209
Myers Industries, Inc.	6,025		55,852
Temple-Inland, Inc.	18,000		335,160

			1,031,033
Metals & Mining - 1.72%
A. M. Castle & Company (I)	2,786		32,095
Brush Engineered Materials, Inc. (I)	3,000		61,621
Carpenter Technology Corp.	2,611		77,991
Century Aluminum Company (I)	10,100		123,119
Coeur d’Alene Mines Corp. (I)	1,300		19,045
Commercial Metals Company	1,600		26,240
Compass Minerals International, Inc.	7,895		596,309
Friedman Industries, Inc.	490		2,695
Haynes International, Inc.	2,000		58,080
Hecla Mining Company (I)(L)	8,800		45,760
Horsehead Holding Corp. (I)	2,908		29,574
Kaiser Aluminum Corp.	1,700		56,763
Olympic Steel, Inc.	700		19,362
Reliance Steel & Aluminum Company	8,700		385,758
RTI International Metals, Inc. (I)	4,200		100,926
Stillwater Mining Company (I)	6,082		69,031
Synalloy Corp.	380		3,040
U.S. Gold Corp. (I)	14,400		38,736
Universal Stainless & Alloy Products, Inc. (I)	887		16,560
Worthington Industries, Inc.	3,800		60,192

			1,822,897
Paper & Forest Products - 0.90%
Buckeye Technologies, Inc. (I)	6,600		72,930
Domtar Corp. (I)	700		36,589
KapStone Paper and Packaging Corp. (I)	5,111		46,817
Louisiana-Pacific Corp. (I)(L)	15,200		115,672
MeadWestvaco Corp.	24,200		555,148
Mercer International, Inc. (I)(L)	3,900		15,132
Neenah Paper, Inc.	1,386		19,640
P.H. Glatfelter Company	5,069		68,432
Wausau Paper Corp. (I)	2,400		20,304

			950,664

			6,236,693
Telecommunication Services - 1.14%
Diversified Telecommunication Services - 0.86%
Alaska Communications Systems
Group, Inc. (L)	52,924		384,228
Cincinnati Bell, Inc. (I)	159,444		471,954
General Communication, Inc., Class A (I)	5,937		32,594
IDT Corp. (I)	1,500		7,110
SureWest Communications (I)	1,474		12,676

			908,562
Wireless Telecommunication Services - 0.28%
Fibertower Corp. (I)	1,300		5,356
NTELOS Holdings Corp.	11,811		201,732
Telephone & Data Systems, Inc.	1,600		49,936
Telephone & Data Systems, Inc. -
Special Shares	500		14,195


Small Cap Opportunities Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Wireless Telecommunication Services (continued)
U.S. Cellular Corp. (I)		800	$	29,304

				300,523

				1,209,085
Utilities - 1.15%
Electric Utilities - 0.04%
Unitil Corp.		1,800		39,150
Gas Utilities - 0.75%
Energen Corp.		8,425		383,001
UGI Corp.		16,470		412,574

				795,575
Independent Power Producers & Energy Traders - 0.22%
Mirant Corp. (I)		13,400		168,572
RRI Energy, Inc. (I)		16,200		68,850

				237,422
Water Utilities - 0.14%
Cascal N.V.		25,734		146,684
Middlesex Water Company		1		17

				146,701

				1,218,848

TOTAL COMMON STOCKS (Cost $85,233,576)			$	105,677,637

RIGHTS - 0.00%
Industrials - 0.00%
PGT, Inc. (Expiration Date: 03/12/2010, Strike
Price: USD 1.50)		1,942		369

TOTAL RIGHTS (Cost $-)			$	369

SHORT-TERM INVESTMENTS - 17.67%
Repurchase Agreement - 0.27%
Repurchase Agreement with State Street Corp.
dated 02/26/2010 at 0.01% to be
repurchased at $287,000 on 03/01/2010,
collateralized by $290,000 Federal Home
Loan Bank, 0.93% due 03/30/2010 (valued
at $292,900, including interest)	$	287,000		287,000
*Short-Term Securities - 0.35%**
State Street Institutional Liquid Reserves
Fund, 0.1176%		362,937		362,937
Securities Lending Collateral - 17.05%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		1,804,816		18,066,386

TOTAL SHORT-TERM INVESTMENTS (Cost $18,712,804)			$	18,716,323

Total Investments (Small Cap Opportunities Fund)
(Cost $103,946,380) - 117.41%			$	124,394,329
Other assets and liabilities, net - (17.41%)				(18,445,780)

TOTAL NET ASSETS - 100.00%			$	105,948,549


The accompanying notes are an integral part of the financial statements.	196

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Value Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 97.09%
Consumer Discretionary - 16.97%
Diversified Consumer Services - 1.29%
Matthews International Corp., Class A	34,600	$	1,159,793
Hotels, Restaurants & Leisure - 4.22%
Bally Technologies, Inc. (I)	9,700		401,677
CEC Entertainment, Inc. (I)	34,200		1,198,710
Choice Hotels International, Inc.	36,700		1,212,568
Sonic Corp. (I)	115,700		982,293

			3,795,248
Household Durables - 2.60%
Helen of Troy, Ltd. (I)	67,400		1,629,058
Tempur-Pedic International, Inc. (I)	25,000		710,000

			2,339,058
Media - 1.63%
Arbitron, Inc. (L)	68,400		1,470,600
Specialty Retail - 6.56%
Cato Corp., Class A	95,600		1,873,760
Dress Barn, Inc. (I)(L)	46,700		1,160,962
Hibbett Sports, Inc. (I)(L)	40,500		931,905
Stage Stores, Inc.	145,200		1,931,160

			5,897,787
Textiles, Apparel & Luxury Goods - 0.67%
Unifirst Corp.	11,500		604,440

			15,266,926
Consumer Staples - 4.80%
Food & Staples Retailing - 1.21%
Casey’s General Stores, Inc.	35,800		1,088,678
Food Products - 1.37%
Lance, Inc. (L)	56,700		1,229,823
Personal Products - 2.22%
Herbalife, Ltd.	49,900		1,998,495

			4,316,996
Energy - 5.09%
Energy Equipment & Services - 1.44%
SEACOR Holdings, Inc. (I)	17,000		1,298,460
Oil, Gas & Consumable Fuels - 3.65%
Penn Virginia Corp.	52,200		1,320,660
St. Mary Land & Exploration Company	19,300		628,794
Whiting Petroleum Corp. (I)	17,800		1,332,330

			3,281,784

			4,580,244
Financials - 22.87%
Commercial Banks - 7.66%
First Busey Corp. (L)	126,272		474,783
First Midwest Bancorp, Inc. (L)	108,600		1,475,874
International Bancshares Corp. (L)	70,800		1,500,960
MB Financial, Inc.	58,600		1,192,510
Webster Financial Corp.	93,400		1,494,400
WestAmerica Bancorp (L)	13,800		757,344

			6,895,871
Consumer Finance - 0.38%
Credit Acceptance Corp. (I)(L)	8,500		341,445
Diversified Financial Services - 1.83%
Ares Capital Corp. (L)	126,300		1,650,741
Insurance - 7.27%
Alleghany Corp. (I)	2,750		762,438
AMERISAFE, Inc. (I)	18,700		321,827


Small Cap Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Insurance (continued)
Assured Guaranty, Ltd. (L)	30,200	$	637,220
Delphi Financial Group, Inc.	81,900		1,746,927
Platinum Underwriters Holdings, Ltd.	39,300		1,469,427
Reinsurance Group of America, Inc.	18,300		869,799
Validus Holdings, Ltd.	26,362		737,872

			6,545,510
Real Estate Investment Trusts - 4.10%
American Campus Communities, Inc. (L)	26,300		726,932
DiamondRock Hospitality Company (I)(L)	83,912		750,173
Education Realty Trust, Inc.	102,100		556,445
Mack-Cali Realty Corp. (L)	20,500		687,570
Realty Income Corp. (L)	34,400		963,200

			3,684,320
Thrifts & Mortgage Finance - 1.63%
NewAlliance Bancshares, Inc.	54,800		656,504
Northwest Bancshares, Inc.	68,200		805,442

			1,461,946

			20,579,833
Health Care - 7.60%
Health Care Equipment & Supplies - 1.26%
ICU Medical, Inc. (I)	32,900		1,130,773
Health Care Providers & Services - 3.52%
AmSurg Corp. (I)	45,200		933,832
Centene Corp. (I)(L)	33,300		595,071
CorVel Corp. (I)	28,900		930,580
Universal American Financial Corp. (I)	48,800		703,208

			3,162,691
Life Sciences Tools & Services - 2.82%
Charles River Laboratories
International, Inc. (I)	41,300		1,566,096
ICON PLC, SADR (I)	41,400		974,970

			2,541,066

			6,834,530
Industrials - 19.55%
Commercial Services & Supplies - 4.13%
ACCO Brands Corp. (I)	150,200		1,076,934
Standard Parking Corp. (I)	29,898		490,925
United Stationers, Inc. (I)	37,700		2,153,047

			3,720,906
Construction & Engineering - 0.66%
Sterling Construction Company, Inc. (I)	30,300		594,789
Electrical Equipment - 3.54%
Acuity Brands, Inc. (L)	26,100		1,017,378
Belden, Inc.	102,400		2,168,832

			3,186,210
Industrial Conglomerates - 3.43%
Carlisle Companies, Inc.	89,900		3,083,570
Machinery - 3.44%
Albany International Corp., Class A	64,600		1,248,072
ESCO Technologies, Inc.	16,800		549,528
Mueller Industries, Inc.	57,800		1,293,564

			3,091,164
Marine - 1.31%
Kirby Corp. (I)	35,800		1,181,758
Road & Rail - 1.51%
Genesee & Wyoming, Inc., Class A (I)	42,600		1,356,810


The accompanying notes are an integral part of the financial statements.	197

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Cap Value Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Trading Companies & Distributors - 1.53%
GATX Corp.		51,800	$	1,380,470

				17,595,677
Information Technology - 9.70%
Computers & Peripherals - 3.09%
Diebold, Inc.		50,200		1,453,792
Electronics for Imaging, Inc. (I)		68,948		817,723
Xyratex, Ltd. (I)		38,300		505,943

				2,777,458
Electronic Equipment, Instruments & Components - 1.79%
Coherent, Inc. (I)		16,500		524,535
MTS Systems Corp.		27,100		737,662
Nam Tai Electronics, Inc. (I)		78,100		353,793

				1,615,990
IT Services - 1.99%
MAXIMUS, Inc.		31,100		1,790,738
Office Electronics - 1.20%
Zebra Technologies Corp., Class A (I)		37,700		1,077,089
Software - 1.63%
Websense, Inc. (I)		68,500		1,470,010

				8,731,285
Materials - 5.12%
Chemicals - 2.55%
Zep, Inc.		103,800		2,292,942
Containers & Packaging - 1.34%
AptarGroup, Inc.		31,300		1,205,989
Paper & Forest Products - 1.23%
Deltic Timber Corp. (L)		24,200		1,111,748

				4,610,679
Utilities - 5.39%
Electric Utilities - 2.68%
Unisource Energy Corp.		45,100		1,314,214
Westar Energy, Inc.		51,300		1,097,820

				2,412,034
Gas Utilities - 2.71%
Atmos Energy Corp.		32,300		886,958
New Jersey Resources Corp.		20,100		732,042
WGL Holdings, Inc.		25,000		821,250

				2,440,250

				4,852,284

TOTAL COMMON STOCKS (Cost $68,090,589)			$	87,368,454


SHORT-TERM INVESTMENTS - 15.03%
Repurchase Agreement - 1.78%
Bank of New York Tri-Party Repurchase
Agreement date 02/26/2010 at 0.12% to be
repurchased at $1,600,016 on 03/01/2010,
collateralized by $2,624,233 Federal
National Mortgage Association, 6.00% due
09/01/2038 (valued at $1,632,000,
including interest)	$	1,600,000		1,600,000


Small Cap Value Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS (continued)
Securities Lending Collateral - 13.25%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)(Y)	$	1,190,933	$	11,921,363

TOTAL SHORT-TERM INVESTMENTS (Cost $13,521,133)			$	13,521,363

Total Investments (Small Cap Value Fund)
(Cost $81,611,722) - 112.12%			$	100,889,817

Other assets and liabilities, net - (12.12%)				(10,908,272)
TOTAL NET ASSETS - 100.00%			$	89,981,545




Small Company Growth Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 97.02%
Consumer Discretionary - 16.59%
Auto Components - 0.96%
TRW Automotive Holdings Corp. (I)		50,371	$	1,353,467
Hotels, Restaurants & Leisure - 6.47%
Brinker International, Inc.		61,944		1,121,806
Buffalo Wild Wings, Inc. (I)(L)		24,107		1,059,503
Choice Hotels International, Inc. (L)		31,912		1,054,372
Darden Restaurants, Inc.		26,335		1,067,884
Jack in the Box, Inc. (I)		55,880		1,180,186
P.F. Chang’s China Bistro, Inc. (I)(L)		41,594		1,765,249
Penn National Gaming, Inc. (I)		35,526		822,072
WMS Industries, Inc. (I)		27,916		1,058,854

				9,129,926
Internet & Catalog Retail - 1.00%
Netflix, Inc. (I)(L)		21,346		1,409,903
Leisure Equipment & Products - 0.65%
Pool Corp. (L)		45,831		915,703
Media - 0.72%
National CineMedia, Inc.		62,795		1,010,372
Multiline Retail - 0.96%
Big Lots, Inc. (I)		40,608		1,360,368
Specialty Retail - 4.12%
Chico’s FAS, Inc.		74,041		1,003,256
Group 1 Automotive, Inc. (I)		35,433		983,974
Gymboree Corp. (I)(L)		22,230		967,005
Hot Topic, Inc. (I)		122,074		789,819
Tractor Supply Company		17,435		954,043
Williams-Sonoma, Inc.		52,088		1,117,808

				5,815,905
Textiles, Apparel & Luxury Goods - 1.71%
Deckers Outdoor Corp. (I)		11,815		1,420,163
The Warnaco Group, Inc. (I)		23,585		984,438

				2,404,601

				23,400,245
Consumer Staples - 1.72%
Food Products - 0.66%
Ralcorp Holdings, Inc. (I)		13,869		926,588
Household Products - 1.06%
Church & Dwight Company, Inc.		22,385		1,503,824

				2,430,412


The accompanying notes are an integral part of the financial statements.	198

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Energy - 6.34%
Energy Equipment & Services - 2.24%
Dril-Quip, Inc. (I)	19,516	$	1,067,916
FMC Technologies, Inc. (I)	18,852		1,058,917
Patterson-UTI Energy, Inc.	67,127		1,036,441

			3,163,274
Oil, Gas & Consumable Fuels - 4.10%
Arena Resources, Inc. (I)	29,207		1,210,046
Bill Barrett Corp. (I)	30,313		1,027,914
Carrizo Oil & Gas, Inc. (I)(L)	44,836		1,072,925
Goodrich Petroleum Corp. (I)(L)	37,462		721,893
SandRidge Energy, Inc. (I)(L)	76,295		605,782
Whiting Petroleum Corp. (I)	15,250		1,141,463

			5,780,023

			8,943,297
Financials - 7.94%
Commercial Banks - 2.51%
City National Corp. (L)	21,133		1,054,959
Cullen/Frost Bankers, Inc. (L)	19,566		1,059,499
SVB Financial Group (I)(L)	31,914		1,422,088

			3,536,546
Diversified Financial Services - 3.50%
Affiliated Managers Group, Inc. (I)(L)	15,965		1,135,590
Federated Investors, Inc., Class B	40,164		1,004,502
Greenhill & Company, Inc.	15,971		1,141,128
OptionsXpress Holdings, Inc.	44,873		709,442
Stifel Financial Corp. (I)	17,401		951,835

			4,942,497
Insurance - 1.28%
Brown & Brown, Inc.	36,156		606,698
ProAssurance Corp. (I)	22,539		1,201,779

			1,808,477
Real Estate Investment Trusts - 0.65%
BioMed Realty Trust, Inc.	59,276		915,814

			11,203,334
Health Care - 19.37%
Biotechnology - 5.26%
Acorda Therapeutics, Inc. (I)	36,421		1,099,186
AMAG Pharmaceuticals, Inc. (I)(L)	20,472		781,826
BioMarin Pharmaceutical, Inc. (I)(L)	55,392		1,107,840
Isis Pharmaceuticals, Inc. (I)(L)	33,075		292,383
Martek Biosciences Corp. (I)(L)	51,497		1,021,186
Myriad Genetics, Inc. (I)	24,174		556,002
OSI Pharmaceuticals, Inc. (I)(L)	27,573		1,020,752
United Therapeutics Corp. (I)	26,861		1,542,090

			7,421,265
Health Care Equipment & Supplies - 4.00%
American Medical Systems
Holdings, Inc. (I)(L)	61,092		1,106,987
Gen-Probe, Inc. (I)	22,569		1,017,411
Insulet Corp. (I)(L)	51,020		749,994
Meridian Bioscience, Inc. (L)	46,605		1,032,767
NuVasive, Inc. (I)(L)	19,988		798,521
Zoll Medical Corp. (I)	36,124		936,334

			5,642,014
Health Care Providers & Services - 4.77%
Chemed Corp.	28,774		1,541,135
inVentiv Health, Inc. (I)	58,884		864,417
MEDNAX, Inc. (I)	23,911		1,279,239


Small Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Providers & Services (continued)
PSS World Medical, Inc. (I)	48,602	$	1,025,016
RehabCare Group, Inc. (I)	35,633		992,023
VCA Antech, Inc. (I)	43,405		1,033,907

			6,735,737
Health Care Technology - 2.10%
Eclipsys Corp. (I)	64,093		1,192,771
Quality Systems, Inc.	30,788		1,762,305

			2,955,076
Life Sciences Tools & Services - 0.70%
Techne Corp.	15,476		989,226
Pharmaceuticals - 2.54%
Biovail Corp.	70,691		1,048,348
Medicis Pharmaceutical Corp., Class A	45,423		1,022,018
Perrigo Company	30,474		1,510,596

			3,580,962

			27,324,280
Industrials - 12.70%
Aerospace & Defense - 1.89%
Hexcel Corp. (I)	58,274		642,179
TransDigm Group, Inc.	40,333		2,025,523

			2,667,702
Air Freight & Logistics - 1.66%
Forward Air Corp. (L)	46,751		1,143,529
Hub Group, Inc., Class A (I)	44,464		1,199,194

			2,342,723
Commercial Services & Supplies - 1.91%
Corrections Corp. of America (I)	57,907		1,239,210
Fuel Tech, Inc. (I)(L)	59,440		389,332
Tetra Tech, Inc. (I)	51,146		1,069,974

			2,698,516
Construction & Engineering - 0.15%
Pike Electric Corp. (I)	25,487		214,601
Electrical Equipment - 1.13%
Regal-Beloit Corp. (L)	28,157		1,588,618
Machinery - 3.05%
Bucyrus International, Inc.	25,050		1,567,128
Kaydon Corp.	29,515		959,238
Lindsay Corp. (L)	17,128		630,482
Wabtec Corp. (L)	30,122		1,148,853

			4,305,701
Professional Services - 1.04%
CoStar Group, Inc. (I)(L)	37,250		1,465,788
Road & Rail - 1.16%
Knight Transportation, Inc. (L)	82,811		1,635,517
Trading Companies & Distributors - 0.71%
Watsco, Inc. (L)	17,288		999,938

			17,919,104
Information Technology - 27.53%
Communications Equipment - 2.74%
F5 Networks, Inc. (I)	27,013		1,507,325
Harmonic, Inc. (I)	131,592		863,244
Polycom, Inc. (I)	57,520		1,501,847

			3,872,416
Electronic Equipment, Instruments & Components - 2.06%
Cogent, Inc. (I)	102,255		1,012,325
Coherent, Inc. (I)	25,713		817,416


The accompanying notes are an integral part of the financial statements.	199

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Electronic Equipment, Instruments &
Components (continued)
Tech Data Corp. (I)	25,114	$	1,075,884

			2,905,625
Internet Software & Services - 3.08%
GSI Commerce, Inc. (I)	42,322		1,056,780
Open Text Corp. (I)	25,938		1,261,624
The Knot, Inc. (I)	91,341		698,759
VistaPrint NV (I)(L)	23,036		1,329,638

			4,346,801
IT Services - 2.02%
Alliance Data Systems Corp. (I)(L)	16,674		924,407
Global Payments, Inc.	23,194		992,935
SRA International, Inc., Class A (I)	48,644		927,155

			2,844,497
Semiconductors & Semiconductor Equipment - 5.71%
Advanced Energy Industries, Inc. (I)(L)	81,701		1,186,299
Cabot Microelectronics Corp. (I)	31,225		1,105,365
Cymer, Inc. (I)	19,535		611,836
Hittite Microwave Corp. (I)	27,315		1,140,128
Microsemi Corp. (I)	70,079		1,086,925
Monolithic Power Systems, Inc. (I)	41,548		843,840
ON Semiconductor Corp. (I)	132,556		1,055,146
Power Integrations, Inc.	28,443		1,022,810

			8,052,349
Software - 11.92%
ANSYS, Inc. (I)	26,363		1,156,281
Aspen Technology, Inc. (I)	102,142		919,278
Blackboard, Inc. (I)(L)	25,943		1,013,852
Commvault Systems, Inc. (I)	46,600		1,020,540
Informatica Corp. (I)	76,331		1,947,967
Lawson Software, Inc. (I)	156,731		943,521
Manhattan Associates, Inc. (I)	48,087		1,215,158
MICROS Systems, Inc. (I)(L)	40,161		1,206,436
NICE Systems, Ltd., SADR (I)	43,395		1,334,830
Pegasystems, Inc.	303		10,908
Quest Software, Inc. (I)	63,911		1,076,900
SonicWALL, Inc. (I)	122,698		982,811
SuccessFactors, Inc. (I)(L)	62,033		1,123,418
Sybase, Inc. (I)(L)	37,025		1,643,540
Websense, Inc. (I)	57,324		1,230,173

			16,825,613

			38,847,301
Materials - 2.73%
Chemicals - 1.27%
Calgon Carbon Corp. (I)(L)	50,029		775,950
Intrepid Potash, Inc. (I)(L)	37,144		1,022,203

			1,798,153
Containers & Packaging - 0.91%
Greif, Inc., Class A	24,984		1,280,180
Metals & Mining - 0.55%
Carpenter Technology Corp.	26,062		778,472

			3,856,805
Telecommunication Services - 1.13%
Wireless Telecommunication Services - 1.13%
SBA Communications Corp. (I)(L)	44,980		1,590,493


Small Company Growth Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Utilities - 0.97%
Electric Utilities - 0.97%
ITC Holdings Corp. (L)		25,638	$	1,368,556

TOTAL COMMON STOCKS (Cost $120,065,974)			$	136,883,827

SHORT-TERM INVESTMENTS - 28.73%
*Short-Term Securities - 4.19%**
State Street Institutional Liquid Reserves
Fund, 0.1176%	$	5,914,117		5,914,117
Securities Lending Collateral - 24.54%
John Hancock Collateral Investment
Trust, 0.1869% (W)(Y)		3,458,789		34,622,823

TOTAL SHORT-TERM INVESTMENTS (Cost $40,518,355)			$	40,536,940

Total Investments (Small Company Growth Fund)
(Cost $160,584,329) - 125.75%			$	177,420,767
Other assets and liabilities, net - (25.75%)				(36,335,346)

TOTAL NET ASSETS - 100.00%			$	141,085,421


Small Company Value Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 94.52%
Consumer Discretionary - 11.79%
Auto Components - 0.87%
Drew Industries, Inc. (I)	150,400	$	3,484,768
Automobiles - 0.58%
Winnebago Industries, Inc. (I)(L)	197,800		2,310,304
Diversified Consumer Services - 1.63%
Corinthian Colleges, Inc. (I)(L)	121,100		1,964,242
Matthews International Corp., Class A	135,200		4,531,904

			6,496,146
Hotels, Restaurants & Leisure - 0.87%
Orient Express Hotels, Ltd., Class A (I)(L)	302,900		3,462,147
Household Durables - 1.77%
CSS Industries, Inc.	82,200		1,387,536
Ethan Allen Interiors, Inc. (L)	29,863		476,613
M/I Homes, Inc. (I)(L)	87,700		1,126,945
Meritage Homes Corp. (I)	145,500		3,112,245
Stanley Furniture Company, Inc. (I)	111,600		937,440

			7,040,779
Leisure Equipment & Products - 0.64%
Pool Corp. (L)	128,100		2,559,438
Media - 0.51%
Ascent Media Corp., Class A (I)	53,700		1,396,200
Saga Communications, Inc., Class A (I)	43,000		621,780

			2,017,980
Multiline Retail - 0.38%
Fred’s, Inc., Class A	148,300		1,534,905
Specialty Retail - 4.25%
Aaron, Inc., Class B (L)	273,000		8,099,910
Haverty Furniture Companies, Inc. (L)	185,700		2,466,096
MarineMax, Inc. (I)	145,200		1,536,216
Stein Mart, Inc. (I)	262,900		2,147,893
The Men’s Wearhouse, Inc.	127,100		2,714,856

			16,964,971


The accompanying notes are an integral part of the financial statements.	200

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Company Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Textiles, Apparel & Luxury Goods - 0.29%
Culp, Inc. (I)	87,600	$	1,140,552

			47,011,990
Consumer Staples - 1.78%
Food & Staples Retailing - 1.32%
Casey’s General Stores, Inc.	89,700		2,727,777
Nash Finch Company	71,600		2,525,332

			5,253,109
Tobacco - 0.46%
Alliance One International, Inc. (I)(L)	361,800		1,856,034

			7,109,143
Energy - 6.81%
Energy Equipment & Services - 2.15%
Atwood Oceanics, Inc. (I)	56,500		1,890,490
CARBO Ceramics, Inc. (L)	49,100		2,996,573
Hercules Offshore, Inc. (I)(L)	154,700		566,202
TetraTechnologies, Inc. (I)	254,000		2,560,320
Union Drilling, Inc. (I)	84,619		565,255

			8,578,840
Oil, Gas & Consumable Fuels - 4.66%
Arena Resources, Inc. (I)	59,900		2,481,657
Cloud Peak Energy, Inc. (I)	68,500		1,041,885
Forest Oil Corp. (I)	89,500		2,425,450
Mariner Energy, Inc. (I)	112,400		1,688,248
Penn Virginia Corp.	198,300		5,016,990
Whiting Petroleum Corp. (I)	79,100		5,920,635

			18,574,865

			27,153,705
Financials - 20.57%
Commercial Banks - 5.07%
East West Bancorp, Inc.	180,800		3,167,616
Glacier Bancorp, Inc. (L)	165,300		2,396,850
Home Bancshares, Inc. (L)	131,300		3,187,964
Signature Bank (I)	63,000		2,345,490
SVB Financial Group (I)(L)	123,600		5,507,616
Wintrust Financial Corp. (L)	106,500		3,625,260

			20,230,796
Diversified Financial Services - 4.16%
Ares Capital Corp. (L)	356,000		4,652,920
Compass Diversified Trust	163,700		2,190,306
Hercules Technology Growth Capital, Inc.	222,800		2,192,352
JMP Group, Inc.	115,300		890,116
Kohlberg Capital Corp. (L)	207,267		936,847
Piper Jaffray Companies, Inc. (I)	45,200		1,956,708
Stifel Financial Corp. (I)	68,600		3,752,420

			16,571,669
Insurance - 4.16%
Employers Holdings, Inc.	85,300		1,124,254
Markel Corp. (I)	7,300		2,575,075
Max Capital Group, Ltd.	154,000		3,717,560
National Interstate Corp.	120,600		2,112,912
ProAssurance Corp. (I)	132,500		7,064,900

			16,594,701
Real Estate Investment Trusts - 7.18%
Acadia Realty Trust	98,600		1,649,578
CBL & Associates Properties, Inc. (L)	413,100		4,911,759
Cedar Shopping Centers, Inc.	194,600		1,282,414
First Potomac Realty Trust	149,300		2,042,424
Hatteras Financial Corp. (L)	97,600		2,534,672


Small Company Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Real Estate Investment Trusts (continued)
Kilroy Realty Corp. (L)	140,800	$	3,988,864
LaSalle Hotel Properties (L)	165,200		3,206,532
Parkway Properties, Inc.	70,200		1,165,320
Potlatch Corp. (L)	101,600		3,354,832
Redwood Trust, Inc.	137,500		1,959,375
Washington Real Estate Investment Trust (L)	90,300		2,515,758

			28,611,528

			82,008,694
Health Care - 6.47%
Biotechnology - 0.63%
Exelixis, Inc. (I)(L)	245,000		1,585,150
Myriad Genetics, Inc. (I)	40,700		936,100

			2,521,250
Health Care Equipment & Supplies - 2.26%
Analogic Corp.	41,300		1,705,690
AngioDynamics, Inc. (I)	117,900		1,917,054
Quidel Corp. (I)	115,400		1,507,124
West Pharmaceutical Services, Inc.	99,100		3,859,945

			8,989,813
Health Care Providers & Services - 3.58%
Landauer, Inc.	41,300		2,509,801
National Healthcare Corp.	72,100		2,652,559
Owens & Minor, Inc.	162,600		7,260,090
Triple-S Management Corp., Class B (I)	107,500		1,862,975

			14,285,425

			25,796,488
Industrials - 24.32%
Aerospace & Defense - 0.16%
Kratos Defense & Security Solutions, Inc. (I)	49,300		644,844
Air Freight & Logistics - 0.76%
UTI Worldwide, Inc.	202,700		3,026,311
Airlines - 0.91%
Alaska Air Group, Inc. (I)	103,300		3,615,500
Building Products - 2.07%
Ameron International Corp.	49,900		3,436,613
Gibraltar Industries, Inc. (I)(L)	164,500		1,921,360
Universal Forest Products, Inc.	82,100		2,893,204

			8,251,177
Commercial Services & Supplies - 2.74%
G & K Services, Inc., Class A	98,800		2,467,036
McGrath Rentcorp	182,100		4,355,832
Waste Connections, Inc. (I)	121,400		4,081,468

			10,904,336
Construction & Engineering - 1.80%
Comfort Systems USA, Inc.	146,900		1,721,668
Insituform Technologies, Inc., Class A (I)	180,300		4,428,168
Sterling Construction Company, Inc. (I)	53,100		1,042,353

			7,192,189
Electrical Equipment - 2.26%
Belden, Inc.	118,500		2,509,830
C & D Technologies, Inc. (I)(L)	159,700		263,505
Franklin Electric, Inc.	31,100		886,972
Woodward Governor Company (L)	186,500		5,369,335

			9,029,642
Machinery - 4.71%
Astec Industries, Inc. (I)	54,600		1,326,234
Cascade Corp.	57,500		1,588,150


The accompanying notes are an integral part of the financial statements.	201

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Company Value Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Machinery (continued)
Circor International, Inc.	74,400	$	2,299,704
IDEX Corp.	128,425		3,981,175
Nordson Corp.	99,800		6,566,840
Robbins & Myers, Inc.	124,900		3,018,833

			18,780,936
Marine - 1.24%
Kirby Corp. (I)(L)	149,400		4,931,694
Professional Services - 1.84%
FTI Consulting, Inc. (I)(L)	82,600		3,034,724
Navigant Consulting Company (I)	209,300		2,434,159
On Assignment, Inc. (I)	281,200		1,853,108

			7,321,991
Road & Rail - 3.86%
Dollar Thrifty Automotive Group, Inc. (I)(L)	83,800		2,517,352
Genesee & Wyoming, Inc., Class A (I)	150,900		4,806,165
Landstar System, Inc.	202,100		8,061,769

			15,385,286
Trading Companies & Distributors - 1.97%
Beacon Roofing Supply, Inc. (I)	340,200		5,919,480
Kaman Corp., Class A	81,200		1,944,740

			7,864,220

			96,948,126
Information Technology - 9.91%
Communications Equipment - 1.18%
Ixia (I)	276,100		2,137,014
Palm, Inc. (I)(L)	207,000		1,262,700
Sonus Networks, Inc. (I)	601,800		1,281,834

			4,681,548
Computers & Peripherals - 0.40%
Xyratex, Ltd. (I)	121,900		1,610,299
Electronic Equipment, Instruments & Components - 2.65%
Electro Rent Corp.	200,000		2,326,000
Littelfuse, Inc. (I)	85,500		3,042,945
Methode Electronics, Inc.	71,500		889,460
Newport Corp. (I)	124,600		1,313,284
SYNNEX Corp. (I)(L)	105,000		3,007,200

			10,578,889
IT Services - 0.26%
StarTek, Inc. (I)	160,412		1,047,490
Semiconductors & Semiconductor Equipment - 3.44%
Advanced Energy Industries, Inc. (I)(L)	180,200		2,616,504
ATMI, Inc. (I)	84,400		1,421,296
Brooks Automation, Inc. (I)	215,500		1,861,920
Cabot Microelectronics Corp. (I)	41,300		1,462,020
FormFactor, Inc. (I)	108,900		1,791,405
Microsemi Corp. (I)	137,500		2,132,625
Teradyne, Inc. (I)(L)	242,500		2,422,575

			13,708,345
Software - 1.98%
Progress Software Corp. (I)	153,800		4,309,476
Symyx Technologies, Inc. (I)	150,900		657,924
Websense, Inc. (I)	136,200		2,922,852

			7,890,252

			39,516,823
Materials - 8.65%
Chemicals - 1.55%
American Vanguard Corp. (L)	154,600		997,170


Small Company Value Fund (continued)
	Shares or
	Principal
	Amount		Value

COMMON STOCKS (continued)
Chemicals (continued)
Arch Chemicals, Inc.	111,300	$	3,435,831
Innospec, Inc. (I)(L)	162,200		1,727,430

			6,160,431
Containers & Packaging - 1.93%
AptarGroup, Inc.	143,900		5,544,467
Myers Industries, Inc.	233,605		2,165,518

			7,709,985
Metals & Mining - 3.26%
AMCOL International Corp. (L)	67,200		1,709,568
Carpenter Technology Corp.	99,900		2,984,013
Franco-Nevada Corp.	92,900		2,417,413
Royal Gold, Inc.	63,502		2,853,780
Sims Group, Ltd. (L)	176,100		3,053,574

			13,018,348
Paper & Forest Products - 1.91%
Clearwater Paper Corp. (I)	53,200		2,567,432
Deltic Timber Corp.	69,600		3,197,424
Wausau Paper Corp. (I)	219,100		1,853,586

			7,618,442

			34,507,206
Telecommunication Services - 0.52%
Diversified Telecommunication Services - 0.52%
Premiere Global Services, Inc. (I)	273,100		2,053,712
Utilities - 3.70%
Electric Utilities - 1.91%
Cleco Corp.	141,700		3,576,508
El Paso Electric Company (I)	162,400		3,267,488
Empire District Electric Company (L)	42,900		768,339

			7,612,335
Gas Utilities - 0.68%
Southwest Gas Corp.	94,400		2,697,952
Multi-Utilities - 1.11%
Black Hills Corp. (L)	103,400		2,881,758
Vectren Corp.	66,900		1,555,425

			4,437,183

			14,747,470

TOTAL COMMON STOCKS (Cost $346,498,269)		$	376,853,357

PREFERRED STOCKS - 1.98%
Energy - 0.59%
Oil, Gas & Consumable Fuels - 0.59%
Whiting Petroleum Corp. 6.250%	12,800		2,342,400
Financials - 1.39%
Commercial Banks - 0.71%
East West Bancorp., Inc., Series A 8.000%	2,114		2,824,283
Insurance - 0.68%
Assured Guaranty, Ltd. 8.500%	32,400		2,737,800

			5,562,083

TOTAL PREFERRED STOCKS (Cost $5,036,654)		$	7,904,483

INVESTMENT COMPANIES - 0.73%
Investment Companies - 0.73%
First Opportunity Fund, Inc.	210,500		1,336,675


The accompanying notes are an integral part of the financial statements.	202

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Small Company Value Fund (continued)
		Shares or
		Principal
		Amount		Value

INVESTMENT COMPANIES (continued)
Investment Companies (continued)
iShares Russell 2000 Value Index Fund (L)		27,000	$	1,592,730

				2,929,405

TOTAL INVESTMENT COMPANIES (Cost $4,224,066)			$	2,929,405

SHORT-TERM INVESTMENTS - 22.53%
*Short-Term Securities - 2.78%**
State Street Institutional US Government
Money Market Fund, 0.03489%	$	727,658		727,658
T. Rowe Price Reserve Investment
Fund, 0.25404%		10,347,576		10,347,576

				11,075,234
Securities Lending Collateral - 19.75%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		7,867,865		78,758,111

TOTAL SHORT-TERM INVESTMENTS (Cost $89,802,552)			$	89,833,345

Total Investments (Small Company Value Fund)
(Cost $445,561,541) - 119.76%			$	477,520,590
Other assets and liabilities, net - (19.76%)				(78,802,950)

TOTAL NET ASSETS - 100.00%			$	398,717,640


Smaller Company Growth Fund
	Shares or
	Principal
	Amount		Value


COMMON STOCKS - 97.30%
Consumer Discretionary - 16.15%
Auto Components - 0.75%
American Axle & Manufacturing
Holdings, Inc. (I)	3,474	$	34,080
Amerigon, Inc. (I)	25,910		253,400
ArvinMeritor, Inc. (I)(L)	1,370		15,974
Drew Industries, Inc. (I)	16,991		393,681
Exide Technologies (I)	4,195		24,121
Federal Mogul Corp. (I)	586		11,327
Fuel Systems Solutions, Inc. (I)(L)	781		21,782
Gentex Corp.	7,648		148,448
Modine Manufacturing Company (I)	1,283		12,060
Raser Technologies, Inc. (I)(L)	3,737		3,961
Spartan Motors, Inc.	628		3,523
Tenneco, Inc. (I)	3,294		66,407
TRW Automotive Holdings Corp. (I)	3,917		105,250
Westport Innovations, Inc. (I)	17,480		242,448
Wonder Auto Technology, Inc. (I)	1,006		9,969

			1,346,431
Automobiles - 0.04%
Thor Industries, Inc.	2,000		67,860
Distributors - 0.83%
LKQ Corp. (I)	77,700		1,487,955
Diversified Consumer Services - 0.96%
American Public Education, Inc. (I)(L)	8,825		381,770
Brink’s Home Security Holdings, Inc. (I)	2,541		106,340
Capella Education Company (I)	788		65,459
Career Education Corp. (I)(L)	3,121		86,826
ChinaCast Education Corp. (I)	34,521		248,551
Coinstar, Inc. (I)(L)	1,724		51,168
Corinthian Colleges, Inc. (I)(L)	4,618		74,904
Grand Canyon Education, Inc. (I)(L)	21,056		457,968


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Diversified Consumer Services (continued)
K12, Inc. (I)	975	$	19,627
Lincoln Educational Services Corp. (I)	750		16,725
Matthews International Corp., Class A	1,683		56,414
Pre-Paid Legal Services, Inc. (I)(L)	395		16,448
Sotheby’s (L)	3,712		90,202
Steiner Leisure, Ltd. (I)	769		33,044
Universal Technical Institute, Inc. (I)(L)	1,118		28,241

			1,733,687
Hotels, Restaurants & Leisure - 1.69%
AFC Enterprises, Inc. (I)	1,432		11,599
Ambassadors Group, Inc.	951		10,737
Bally Technologies, Inc. (I)	10,572		437,787
BJ’s Restaurants, Inc. (I)(L)	17,191		367,887
Buffalo Wild Wings, Inc. (I)(L)	950		41,753
California Pizza Kitchen, Inc. (I)	1,275		19,814
CEC Entertainment, Inc. (I)	1,262		44,233
Choice Hotels International, Inc.	908		30,000
Denny’s Corp. (I)	5,421		14,908
DineEquity, Inc. (I)	829		24,323
Interval Leisure Group, Inc. (I)	2,196		31,535
Isle of Capri Casinos, Inc. (I)	985		7,368
Krispy Kreme Doughnuts, Inc. (I)	3,222		11,309
Life Time Fitness, Inc. (I)(L)	2,067		52,419
Monarch Casino & Resort, Inc. (I)	356		2,752
Morgans Hotel Group Company (I)	1,498		6,352
O’Charley’s, Inc. (I)	22,334		180,682
P.F. Chang’s China Bistro, Inc. (I)(L)	1,220		51,777
Panera Bread Company (I)	1,674		121,850
Papa John’s International, Inc. (I)	1,261		30,781
Peets Coffee & Tea, Inc. (I)	721		26,216
Pinnacle Entertainment, Inc. (I)	1,180		8,531
Scientific Games Corp. (I)	3,882		65,567
Shuffle Master, Inc. (I)	2,975		24,455
Sonic Corp. (I)	3,220		27,338
Texas Roadhouse, Inc., Class A (I)	33,141		445,084
The Cheesecake Factory, Inc. (I)	19,005		449,468
Vail Resorts, Inc. (I)	915		32,949
WMS Industries, Inc. (I)	12,518		474,808

			3,054,282
Household Durables - 0.55%
Hovnanian Enterprises, Inc., Class A (I)(L)	2,988		11,623
iRobot Corp. (I)(L)	1,042		16,870
Jarden Corp.	15,540		498,212
M/I Homes, Inc. (I)	494		6,348
Meritage Homes Corp. (I)	591		12,641
National Presto Industries, Inc.	2,375		299,630
Ryland Group, Inc.	1,216		27,591
Tempur-Pedic International, Inc. (I)	3,744		106,330
Universal Electronics, Inc. (I)	760		17,168

			996,413
Internet & Catalog Retail - 0.10%
1-800-Flowers.com, Inc., Class A (I)	1,510		3,065
Blue Nile, Inc. (I)	808		41,402
Gaiam, Inc., Class A (I)	902		6,296
HSN, Inc. (I)	822		17,805
NutriSystem, Inc. (L)	1,546		29,915
Orbitz Worldwide, Inc. (I)	2,115		12,584
Overstock.com, Inc. (I)	887		10,919
PetMed Express, Inc. (L)	1,267		24,542
Shutterfly, Inc. (I)	1,072		20,572
Stamps.com, Inc. (I)	701		6,351

			173,451


The accompanying notes are an integral part of the financial statements.	203

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Leisure Equipment & Products - 0.15%
Brunswick Corp.	3,185	$	36,755
Callaway Golf Company	1,810		14,353
Eastman Kodak Company (I)(L)	9,673		57,458
Leapfrog Enterprises, Inc. (I)	702		3,826
Marine Products Corp. (I)	413		2,779
Polaris Industries, Inc. (L)	1,724		78,856
Pool Corp.	2,717		54,286
Smith & Wesson Holding Corp. (I)(L)	3,004		12,827
Sturm Ruger & Company, Inc.	384		4,516

			265,656
Media - 0.78%
Arbitron, Inc. (L)	1,472		31,648
CKX, Inc. (I)	2,351		9,804
CTC Media, Inc.	2,533		43,314
Dolan Media Company (I)	1,267		13,202
Dreamworks Animation SKG, Inc. (I)	1,317		57,237
Fisher Communications, Inc. (I)	402		5,712
Imax Corp. (I)	31,570		423,354
John Wiley & Sons, Inc.	2,445		102,641
Knology, Inc. (I)	1,702		19,488
Liberty Media Corp., Capital Series A (I)	3,256		110,183
LIN TV Corp. (I)	1,601		8,181
Lions Gate Entertainment Corp. (I)	2,303		12,551
Live Nation Entertainment, Inc. (I)	4,880		63,391
Madison Square Garden, Inc. (I)	3,420		66,690
Martha Stewart Living Omnimedia,
Inc., Class A (I)(L)	1,475		7,891
Mediacom Communications Corp., Class A (I)	2,289		10,621
Morningstar, Inc. (I)	1,078		47,540
National CineMedia, Inc.	2,337		37,602
Outdoor Channel Holdings, Inc. (I)	392		2,238
RCN Corp. (I)	1,983		21,773
Sirius XM Radio, Inc. (I)(L)	214,112		218,394
The New York Times Company (I)(L)	4,924		53,869
Valassis Communications, Inc. (I)	1,737		44,502

			1,411,826
Multiline Retail - 1.85%
99 Cents Only Stores (I)	5,580		92,070
Big Lots, Inc. (I)	19,385		649,398
Kohl’s Corp. (I)	47,600		2,561,832
Retail Ventures, Inc. (I)	1,649		14,742
Saks, Inc. (I)(L)	2,679		18,699

			3,336,741
Specialty Retail - 6.41%
Aaron, Inc., Class B (L)	18,123		537,709
Aeropostale, Inc. (I)	3,727		131,787
AnnTaylor Stores Corp. (I)(L)	3,261		56,122
Blockbuster, Inc. (I)(L)	6,316		1,898
Blockbuster, Inc. (I)	1,953		410
Charming Shoppes, Inc. (I)	2,244		13,352
Chico’s FAS, Inc.	190,369		2,579,500
Children’s Place Retail Stores, Inc. (I)(L)	1,290		49,291
Citi Trends, Inc. (I)	815		24,238
Coldwater Creek, Inc. (I)	3,298		17,117
Dick’s Sporting Goods, Inc. (I)	4,962		120,725
Dress Barn, Inc. (I)(L)	20,413		507,467
DSW, Inc., Class A (I)(L)	412		11,095
Genesco, Inc. (I)	14,824		354,738
Gymboree Corp. (I)(L)	9,682		421,167
hhgregg, Inc. (I)	15,453		322,504
Hibbett Sports, Inc. (I)(L)	20,572		473,362
Hot Topic, Inc. (I)	2,458		15,903
J. Crew Group, Inc. (I)	3,334		140,295


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Specialty Retail (continued)
Jo-Ann Stores, Inc. (I)	95	$	3,596
Jos. A. Bank Clothiers, Inc. (I)(L)	10,796		482,905
Lumber Liquidators Holdings, Inc. (I)	1,207		26,771
Monro Muffler Brake, Inc.	13,490		470,261
New York & Company, Inc. (I)	1,479		5,487
Office Depot, Inc. (I)	9,908		71,536
OfficeMax, Inc. (I)	4,233		67,601
Pacific Sunwear of California, Inc. (I)	1,836		8,225
Penske Auto Group, Inc. (I)(L)	21,638		314,833
Pier 1 Imports, Inc. (I)	2,540		15,519
Sally Beauty Holdings, Inc. (I)(L)	4,552		37,281
Shoe Carnival, Inc. (I)	7,125		129,889
Systemax, Inc.	13,133		214,068
Talbots, Inc. (I)(L)	688		7,458
The Buckle, Inc.	771		22,567
The Finish Line, Inc. (L)	33,940		410,335
The Pep Boys - Manny, Moe & Jack	43,150		409,925
The Wet Seal, Inc., Class A (I)	5,118		20,523
Tractor Supply Company	43,505		2,380,594
Ulta Salon, Cosmetics & Fragrance, Inc. (I)	16,428		301,125
Williams-Sonoma, Inc.	16,210		347,867
Zale Corp. (I)(L)	642		1,522
Zumiez, Inc. (I)(L)	1,175		16,850

			11,545,418
Textiles, Apparel & Luxury Goods - 2.04%
American Apparel, Inc. (I)	1,802		5,064
Carter’s, Inc. (I)	17,215		493,382
Crocs, Inc. (I)	4,754		33,516
Deckers Outdoor Corp. (I)	4,843		582,129
FGX International Holdings, Ltd. (I)	814		16,060
Fossil, Inc. (I)	8,432		305,660
Fuqi International, Inc. (I)(L)	920		16,974
Hanesbrands, Inc. (I)	5,280		136,910
Iconix Brand Group, Inc. (I)	29,570		385,297
K-Swiss, Inc., Class A (I)	751		7,014
Liz Claiborne, Inc. (I)	2,636		18,215
Lululemon Athletica, Inc. (I)(L)	2,146		61,483
Maidenform Brands, Inc. (I)	24,329		418,945
Phillips-Van Heusen Corp.	2,866		124,728
Skechers U.S.A., Inc., Class A (I)	654		20,097
Steven Madden, Ltd. (I)	10,373		435,770
The Warnaco Group, Inc. (I)	12,353		515,614
True Religion Apparel, Inc. (I)(L)	1,336		32,812
Under Armour, Inc., Class A (I)(L)	1,881		49,019
Volcom, Inc. (I)	958		15,462

			3,674,151

			29,093,871
Consumer Staples - 1.81%
Beverages - 0.32%
Boston Beer Company, Inc. (I)	2,071		98,000
Central European Distribution Corp. (I)	11,970		399,200
Coca-Cola Bottling Company	167		9,294
Cott Corp. (I)	10,181		73,201
National Beverage Corp.	325		3,705

			583,400
Food & Staples Retailing - 0.18%
Arden Group, Inc.	70		7,105
BJ’s Wholesale Club, Inc. (I)(L)	2,002		72,412
Great Atlantic & Pacific Tea
Company, Inc. (I)(L)	1,268		9,218
QKL Stores, Inc. (I)	17,250		106,950
Rite Aid Corp. (I)	34,495		52,432


The accompanying notes are an integral part of the financial statements.	204

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Food & Staples Retailing (continued)
Susser Holdings Corp. (I)	170	$	1,425
United Natural Foods, Inc. (I)	2,279		66,934

			316,476
Food Products - 1.09%
American Dairy, Inc. (I)(L)	602		13,094
American Italian Pasta Company, Class A (I)	1,168		45,318
Cal-Maine Foods, Inc.	360		11,542
Calavo Growers, Inc. (L)	17,582		311,026
Corn Products International, Inc.	2,077		67,669
Darling International, Inc. (I)	52,695		424,722
Diamond Foods, Inc.	7,144		248,968
Flowers Foods, Inc. (L)	16,405		418,163
Green Mountain Coffee Roasters, Inc. (I)(L)	1,938		163,548
Smart Balance, Inc. (I)	3,302		16,543
Tootsie Roll Industries, Inc. (L)	775		21,088
TreeHouse Foods, Inc. (I)	4,561		196,260
Zhongpin, Inc. (I)	1,531		18,847

			1,956,788
Personal Products - 0.21%
American Oriental Bioengineering, Inc. (I)	1,259		5,225
Bare Escentuals, Inc. (I)	3,574		64,975
China Sky One Medical, Inc. (I)	608		9,442
China-Biotics, Inc. (I)	310		5,251
Herbalife, Ltd.	3,379		135,329
NBTY, Inc. (I)	3,090		140,286
Revlon, Inc. (I)	672		10,073
USANA Health Sciences, Inc. (I)	340		9,415

			379,996
Tobacco - 0.01%
Alliance One International, Inc. (I)(L)	4,696		24,090

			3,260,750
Energy - 7.89%
Energy Equipment & Services - 3.40%
Atwood Oceanics, Inc. (I)	3,209		107,373
Basic Energy Services, Inc. (I)	1,257		11,879
Bronco Drilling Company, Inc. (I)	1,435		6,945
Cal Dive International, Inc. (I)	3,353		23,639
CARBO Ceramics, Inc.	1,088		66,401
Complete Production Services, Inc. (I)	3,325		46,417
Core Laboratories NV (L)	4,452		552,182
Dawson Geophysical Company (I)	3,825		109,280
Dril-Quip, Inc. (I)	41,553		2,273,780
Exterran Holdings, Inc. (I)	3,296		74,984
Helix Energy Solutions Group, Inc (I)	3,586		41,275
Hercules Offshore, Inc. (I)(L)	65,585		240,041
Hornbeck Offshore Services, Inc. (I)	461		8,704
Key Energy Services, Inc. (I)	36,147		366,531
Lufkin Industries, Inc.	289		21,111
Matrix Service Company (I)	1,454		15,558
Natural Gas Services Group, Inc. (I)	16,413		251,447
North American Energy Partners, Inc. (I)	41,860		426,553
Oil States International, Inc. (I)	10,207		439,105
OYO Geospace Corp. (I)	6,319		272,096
Pioneer Drilling Company (I)	3,003		21,441
RPC, Inc. (L)	1,638		20,246
SEACOR Holdings, Inc. (I)	374		28,566
Seahawk Drilling, Inc. (I)	651		13,378
SulphCo, Inc. (I)(L)	1,906		724
Superior Energy Services, Inc. (I)	4,341		89,728
Superior Well Services, Inc. (I)(L)	1,278		22,863
T-3 Energy Services, Inc. (I)	364		8,641
Tesco Corp. (I)	1,776		24,207


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Energy Equipment & Services (continued)
TetraTechnologies, Inc. (I)	4,185	$	42,185
Unit Corp. (I)	10,697		464,999
Willbros Group, Inc. (I)	2,199		33,205

			6,125,484
Oil, Gas & Consumable Fuels - 4.49%
Alon USA Energy, Inc. (L)	530		3,710
Approach Resources, Inc. (I)	702		5,834
Arena Resources, Inc. (I)	2,132		88,329
Atlas Energy, Inc. (I)	4,119		134,444
ATP Oil & Gas Corp. (I)(L)	2,531		45,710
Bill Barrett Corp. (I)(L)	10,739		364,159
BPZ Energy, Inc. (I)(L)	4,775		37,341
Brigham Exploration Company (I)(L)	5,494		90,211
Cabot Corp.	14,883		432,500
Cabot Oil & Gas Corp.	49,000		1,966,860
Cano Petroleum, Inc. (I)	56,060		45,969
Carrizo Oil & Gas, Inc. (I)(L)	13,192		315,685
Cheniere Energy, Inc. (I)(L)	3,039		9,056
Clayton Williams Energy, Inc. (I)	438		16,333
Clean Energy Fuels Corp. (I)(L)	1,823		32,887
Comstock Resources, Inc. (I)	11,347		391,698
Contango Oil & Gas Company (I)	703		36,247
Crosstex Energy, Inc. (I)	1,442		11,147
Delta Petroleum Corp. (I)	6,566		9,192
Encore Acquisition Company (I)	2,928		145,024
Endeavour International Corp. (I)	6,304		7,754
Frontier Oil Corp.	5,808		71,961
Georesources, Inc. (I)	8,220		110,148
GMX Resources, Inc. (I)(L)	1,645		15,134
Goodrich Petroleum Corp. (I)(L)	1,349		25,995
Gran Tierra Energy, Inc. (I)	12,000		65,880
Gulfport Energy Corp. (I)	1,557		14,169
Holly Corp.	2,370		60,862
International Coal Group, Inc. (I)(L)	52,375		228,355
McMoran Exploration Company (I)	4,297		74,252
Northern Oil And Gas, Inc. (I)	2,043		25,251
Patriot Coal Corp. (I)(L)	4,761		79,318
Penn Virginia Corp.	16,610		420,233
Petroleum Development Corp. (I)	533		12,531
Rex Energy Corp. (I)	171,072		2,367,636
Rosetta Resources, Inc. (I)	2,906		54,429
St. Mary Land & Exploration Company	3,470		113,053
Uranium Energy Corp. (I)(L)	3,000		10,980
VAALCO Energy, Inc.	1,099		4,693
Venoco, Inc. (I)	1,325		15,211
W&T Offshore, Inc. (L)	680		5,991
Warren Resources, Inc. (I)	3,724		8,714
Whiting Petroleum Corp. (I)	987		73,877
World Fuel Services Corp.	1,566		41,374

			8,090,137

			14,215,621
Financials - 9.73%
Commercial Banks - 0.73%
Cardinal Financial Corp.	1,530		14,856
East West Bancorp, Inc.	2,036		35,671
First Citizens Bancshares, Inc.	2,057		376,410
First Financial Bankshares, Inc.	327		17,118
Harleysville National Corp. (L)	2,299		15,196
Home Bancshares, Inc.	1,069		25,955
Investors Bancorp, Inc. (I)	2,859		36,795
Nara Bancorp, Inc. (I)	1,994		17,607
Pinnacle Financial Partners, Inc. (I)	18,868		285,095
PrivateBancorp, Inc.	3,368		43,784


The accompanying notes are an integral part of the financial statements.	205

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Commercial Banks (continued)
Signature Bank (I)	2,252	$	83,842
Suffolk Bancorp	539		15,351
SVB Financial Group (I)	2,260		100,706
Texas Capital Bancshares, Inc. (I)	1,887		31,796
United Community Banks, Inc. (I)(L)	50,486		209,517
Western Alliance Bancorp (I)	1,126		6,486

			1,316,185
Consumer Finance - 0.61%
AmeriCredit Corp. (I)(L)	4,812		107,067
Cardtronics, Inc. (I)	604		5,968
Cash America International, Inc.	13,446		515,385
CompuCredit Holdings Corp. (L)	623		2,156
Credit Acceptance Corp. (I)	602		24,182
Dollar Financial Corp. (I)	1,339		30,047
EZCORP, Inc., Class A (I)	2,162		42,656
First Cash Financial Services, Inc. (I)	17,244		365,918
First Marblehead Corp. (I)	1,295		3,056

			1,096,435
Diversified Financial Services - 4.23%
Asset Acceptance Capital Corp. (I)	562		3,187
Broadpoint Gleacher Securities, Inc. (I)	3,414		13,690
Calamos Asset Management, Inc.	1,102		14,701
Cohen & Steers, Inc.	937		20,389
Duff & Phelps Corp.	1,102		18,381
Encore Capital Group, Inc. (I)	21,406		386,164
Evercore Partners, Inc., Class A	529		15,928
FBR Capital Markets Corp. (I)	1,113		6,021
GAMCO Investors, Inc., Class A	142		6,178
GFI Group, Inc.	1,380		7,604
GLG Partners, Inc. (I)(L)	7,009		19,485
Interactive Brokers Group, Inc., Class A (I)	2,287		39,405
International Assets Holding Corp. (I)	770		12,020
Investment Technology Group, Inc. (I)	2,426		41,291
KBW, Inc. (I)	1,132		26,896
Knight Capital Group, Inc. (I)	4,911		79,264
LaBranche & Company, Inc. (I)	924		4,334
Lazard, Ltd., Class A	23,800		855,134
Life Partners Holdings, Inc. (L)	149		3,066
MarketAxess Holdings, Inc.	1,675		25,058
MSCI, Inc. (I)	5,742		172,145
NewStar Financial, Inc. (I)	1,637		10,248
OptionsXpress Holdings, Inc. (I)	62,900		994,449
PICO Holdings, Inc. (I)	1,128		38,397
Portfolio Recovery Associates, Inc. (I)	931		49,650
Raymond James Financial, Inc. (L)	86,400		2,234,304
Riskmetrics Group, Inc. (I)	1,739		32,398
Stifel Financial Corp. (I)	9,283		507,780
Tradestation Group, Inc. (I)	643		4,437
Waddell & Reed Financial, Inc.	59,700		1,962,936
Westwood Holdings Group, Inc.	316		12,239

			7,617,179
Insurance - 3.48%
Ambac Financial Group, Inc. (I)(L)	15,958		11,330
Argo Group International Holdings, Ltd.	6,380		177,555
Citizens, Inc., Class A (I)	2,404		15,578
Crawford & Company (I)	867		2,670
Crawford & Company, Class B (I)	768		2,941
eHealth, Inc. (I)	1,101		18,387
Everest Re Group, Ltd.	21,000		1,793,820
Greenlight Capital Re, Ltd., Class A (I)	1,167		29,548
Hilltop Holdings, Inc. (I)	878		10,501
Infinity Property & Casualty Corp.	7,204		293,563
Maiden Holdings, Ltd.	1,024		7,188


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Insurance (continued)
MBIA, Inc. (I)	3,231	$	15,573
Principal Financial Group, Inc.	66,100		1,534,181
Tower Group, Inc.	16,651		379,143
Universal Insurance Holdings, Inc.	348		2,105
Willis Group Holdings PLC	66,700		1,986,326

			6,280,409
Real Estate Investment Trusts - 0.22%
Alexander’s, Inc. (I)	113		32,996
Apartment Investment & Management
Company, Class A	2,272		37,920
DuPont Fabros Technology, Inc.	1,513		29,655
Equity Lifestyle Properties, Inc.	1,601		79,634
First Industrial Realty Trust, Inc. (I)(L)	1,117		6,177
Gramercy Capital Corp. (I)	2,353		8,988
NorthStar Realty Finance Corp. (L)	1,378		5,884
PS Business Parks, Inc.	379		18,571
Saul Centers, Inc.	265		9,455
Strategic Hotels & Resorts, Inc. (I)	2,086		5,632
Sunstone Hotel Investors, Inc. (I)	5,449		48,714
Taubman Centers, Inc.	2,962		114,718

			398,344
Real Estate Management & Development - 0.13%
Avatar Holdings, Inc. (I)	157		2,531
Consolidated Tomoka Land Company	108		3,430
Forest City Enterprises, Inc., Class A (I)(L)	3,340		40,080
Forestar Group, Inc. (I)	956		16,959
Grubb & Ellis Company (I)	1,460		2,205
Jones Lang LaSalle, Inc.	2,321		147,824
Tejon Ranch Company (I)	708		22,939

			235,968
Thrifts & Mortgage Finance - 0.33%
Beneficial Mutual Bancorp, Inc. (I)	1,817		17,062
Danvers Bancorp, Inc.	1,154		16,352
Federal Home Loan Mortgage Corp. (I)(L)	35,975		42,451
Federal National Mortgage Association (I)(L)	61,746		61,129
Meridian Interstate Bancorp, Inc. (I)	556		5,560
MGIC Investment Corp. (I)(L)	2,065		15,818
Oritani Financial Corp.	617		9,773
Provident Financial Services, Inc. (L)	16,950		185,772
Radian Group, Inc.	1,608		15,791
Rockville Financial, Inc.	249		2,649
Roma Financial Corp.	219		2,676
ViewPoint Financial Group	634		9,263
Washington Federal, Inc.	10,840		211,272

			595,568

			17,540,088
Health Care - 15.06%
Biotechnology - 3.07%
Acorda Therapeutics, Inc. (I)	2,115		63,831
Affymax, Inc. (I)	1,030		19,261
Alexion Pharmaceuticals, Inc. (I)	7,213		357,188
Alkermes, Inc. (I)	5,237		60,016
Allos Therapeutics, Inc. (I)	2,812		21,877
Alnylam Pharmaceuticals, Inc. (I)(L)	25,417		442,764
AMAG Pharmaceuticals, Inc. (I)(L)	582		22,227
Arena Pharmaceuticals, Inc. (I)(L)	5,201		15,811
Arqule, Inc. (I)	1,187		3,905
BioMarin Pharmaceutical, Inc. (I)(L)	5,589		111,780
Celera Corp. (I)	4,547		27,237
Cell Therapeutics, Inc. (I)(L)	31,874		21,356
Cepheid, Inc. (I)	3,251		49,090


The accompanying notes are an integral part of the financial statements.	206

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Biotechnology (continued)
Clinical Data, Inc. (I)	578	$	10,508
Cubist Pharmaceuticals, Inc. (I)	3,215		67,644
Dyax Corp. (I)	3,940		13,790
Emergent Biosolutions, Inc. (I)	775		11,362
Enzon Pharmaceuticals, Inc. (I)(L)	2,522		23,429
Exelixis, Inc. (I)	5,959		38,555
Facet Biotech Corp. (I)(L)	1,391		22,798
Genomic Health, Inc. (I)	794		14,213
Geron Corp. (I)(L)	3,323		18,443
GTx, Inc. (I)(L)	926		3,704
Halozyme Therapeutics, Inc. (I)(L)	4,068		22,252
Human Genome Sciences, Inc. (I)	10,016		281,950
Idenix Pharmaceuticals, Inc. (I)	1,904		5,179
Immunogen, Inc. (I)	1,978		13,075
Incyte Corp. (I)	5,920		63,107
Intermune, Inc. (I)	2,680		36,823
Isis Pharmaceuticals, Inc. (I)(L)	29,779		263,246
Lexicon Genetics, Inc. (I)	4,406		7,887
Ligand Pharmaceuticals, Inc., Class B (I)	5,923		10,424
Mannkind Corp. (I)(L)	3,741		37,373
Martek Biosciences Corp. (I)(L)	1,844		36,567
Maxygen, Inc. (I)	1,268		6,796
Medivation, Inc. (I)	1,581		56,932
Micromet, Inc. (I)(L)	2,507		18,652
Momenta Pharmaceuticals, Inc. (I)	1,295		18,959
Myriad Pharmaceuticals, Inc. (I)	1,351		6,498
Nabi Biopharmaceuticals (I)	2,850		14,906
NPS Pharmaceuticals, Inc. (I)	2,680		8,951
OncoGenex Pharmaceutical, Inc. (I)	294		4,895
Onyx Pharmaceuticals, Inc. (I)	17,808		494,350
Opko Health, Inc. (I)	2,829		5,686
Orexigen Therapeutics, Inc. (I)	1,040		6,531
OSI Pharmaceuticals, Inc. (I)	3,221		119,241
Osiris Therapeutics, Inc. (I)	611		5,029
PDL BioPharma, Inc. (L)	3,320		23,240
Pharmasset, Inc. (I)	1,577		33,448
Progenics Pharmaceuticals, Inc. (I)	1,765		7,678
Protalix BioTherapeutics, Inc. (I)(L)	2,366		15,994
Regeneron Pharmaceuticals, Inc. (I)	3,474		84,974
Rigel Pharmaceuticals, Inc. (I)	1,869		14,111
Sangamo Biosciences, Inc. (I)(L)	2,243		11,237
Savient Pharmaceuticals, Inc. (I)(L)	2,407		32,446
Seattle Genetics, Inc. (I)	4,742		48,368
SIGA Technologies, Inc. (I)(L)	1,687		11,151
Theravance, Inc. (I)(L)	19,778		215,382
United Therapeutics Corp. (I)(L)	35,187		2,020,086
XOMA, Ltd. (I)	14,093		6,705
Zymogenetics, Inc. (I)	2,999		16,015

			5,526,933
Health Care Equipment & Supplies - 4.76%
Abaxis, Inc. (I)(L)	1,222		31,027
Abiomed, Inc. (I)	1,783		18,026
Accuray, Inc. (I)	2,544		17,223
Align Technology, Inc. (I)(L)	3,512		63,567
American Medical Systems
Holdings, Inc. (I)(L)	30,596		554,400
AngioDynamics, Inc. (I)	17,080		277,721
Atrion Corp.	1,899		295,522
ATS Medical, Inc. (I)	2,617		6,909
Cantel Medical Corp.	792		15,484
Conceptus, Inc. (I)(L)	1,705		33,469
CONMED Corp. (I)	46,900		1,026,172
Cooper Companies, Inc. (L)	40,800		1,634,448
Cryolife, Inc. (I)	1,514		10,674


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Equipment & Supplies (continued)
Cyberonics, Inc. (I)	1,540	$	27,489
DexCom, Inc. (I)	2,611		23,603
EV3, Inc. (I)	35,166		511,665
Exactech, Inc. (I)	467		9,055
Greatbatch, Inc. (I)	450		8,784
Haemonetics Corp. (I)	9,251		494,836
Hansen Medical, Inc. (I)(L)	1,674		3,833
ICU Medical, Inc. (I)	5,287		181,714
Immucor, Inc. (I)	3,892		75,232
Insulet Corp. (I)(L)	1,735		25,505
Integra LifeSciences Holdings Corp. (I)	1,185		47,163
IRIS International, Inc. (I)	1,001		11,481
Kensey Nash Corp. (I)	554		12,227
MAKO Surgical Corp. (I)	914		12,092
Masimo Corp. (L)	2,722		75,372
Meridian Bioscience, Inc. (L)	2,248		49,816
Merit Medical Systems, Inc. (I)	1,492		21,962
Micrus Endovascular Corp. (I)	6,056		122,513
Natus Medical, Inc. (I)	1,575		21,231
Neogen Corp. (I)	1,184		28,688
NuVasive, Inc. (I)(L)	2,116		84,534
OraSure Technologies, Inc. (I)	1,274		7,007
Orthofix International NV (I)	856		29,181
Orthovita, Inc. (I)	3,857		14,811
Palomar Medical Technologies, Inc. (I)	952		8,597
Quidel Corp. (I)(L)	1,518		19,825
Sirona Dental Systems, Inc. (I)	17,431		625,599
Somanetics Corp. (I)	681		11,482
SonoSite, Inc. (I)(L)	963		28,524
St. Jude Medical, Inc. (I)	33,000		1,261,260
Stereotaxis, Inc. (I)(L)	2,234		10,612
SurModics, Inc. (I)	824		15,870
Symmetry Medical, Inc. (I)	1,987		17,088
Synovis Life Technologies, Inc. (I)	29,875		418,250
Thoratec Corp. (I)(L)	3,156		91,051
TomoTherapy, Inc. (I)	2,072		6,858
Volcano Corp. (I)	2,431		50,054
West Pharmaceutical Services, Inc.	1,831		71,317
Wright Medical Group, Inc. (I)	2,143		36,110
Zoll Medical Corp. (I)	1,171		30,352

			8,587,285
Health Care Providers & Services - 2.95%
Air Methods Corp. (I)	10,412		277,063
Alliance Imaging, Inc. (I)	1,439		7,181
Almost Family, Inc. (I)	457		16,479
Amedisys, Inc. (I)(L)	9,862		568,544
AMERIGROUP Corp. (I)	1,418		37,265
AMN Healthcare Services, Inc. (I)	1,177		10,852
Bio Reference Labs, Inc. (I)	10,217		404,695
Brookdale Senior Living, Inc. (I)	2,567		46,155
CardioNet, Inc. (I)	793		4,750
Catalyst Health Solutions, Inc. (I)	2,084		78,546
Centene Corp. (I)	947		16,923
Chemed Corp.	1,252		67,057
Chindex International, Inc. (I)	723		8,134
Clarient, Inc. (I)	2,646		5,636
CorVel Corp. (I)	443		14,265
Emergency Medical Services
Corp., Class A (I)	6,005		312,620
Emeritus Corp. (I)(L)	1,198		21,013
Genoptix, Inc. (I)	9,892		322,182
Gentiva Health Services, Inc. (I)	1,009		27,959
Hanger Orthopedic Group, Inc. (I)	13,258		247,262
Healthsouth Corp. (I)	5,177		89,562


The accompanying notes are an integral part of the financial statements.	207

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Providers & Services (continued)
Healthways, Inc. (I)	1,875	$	28,163
HMS Holdings Corp. (I)	1,461		67,264
inVentiv Health, Inc. (I)	660		9,689
IPC The Hospitalist Company, Inc. (I)	761		25,159
Landauer, Inc.	182		11,060
LHC Group, Inc. (I)	12,720		382,872
Magellan Health Services, Inc. (I)	6,440		269,965
MWI Veterinary Supply, Inc. (I)	647		26,656
Odyssey HealthCare, Inc. (I)	22,500		394,425
PharMerica Corp. (I)	1,699		29,138
PSS World Medical, Inc. (I)	3,311		69,829
Psychiatric Solutions, Inc. (I)(L)	2,965		63,599
RehabCare Group, Inc. (I)	10,783		300,199
Sunrise Senior Living, Inc. (I)(L)	922		3,623
Tenet Healthcare Corp. (I)	26,697		140,693
The Ensign Group, Inc.	11,775		196,172
Universal American Financial Corp. (I)	17,450		251,455
US Physical Therapy, Inc. (I)	19,154		314,126
VCA Antech, Inc. (I)	4,743		112,978
Virtual Radiologic Corp. (I)	404		4,044
WellCare Health Plans, Inc. (I)	1,526		40,744

			5,325,996
Health Care Technology - 0.68%
Allscripts-Misys Healthcare Solutions, Inc. (I)	3,624		64,833
athenahealth, Inc. (I)(L)	1,215		44,761
Eclipsys Corp. (I)	3,160		58,808
MedAssets, Inc. (I)	1,573		34,055
Omnicell, Inc. (I)	21,879		296,023
Phase Forward, Inc. (I)	25,378		302,760
Quality Systems, Inc. (L)	7,073		404,859
Vital Images, Inc. (I)	759		12,023

			1,218,122
Life Sciences Tools & Services - 2.11%
Affymetrix, Inc. (I)	3,965		28,984
Albany Molecular Research, Inc. (I)	799		7,175
Bio-Rad Laboratories, Inc. (I)	1,055		98,526
Bruker Corp. (I)	44,135		551,688
Dionex Corp. (I)	983		67,139
Enzo Biochem, Inc. (I)	1,894		9,906
eResearch Technology, Inc. (I)	2,314		14,000
ICON PLC, SADR (I)	16,400		386,220
Illumina, Inc. (I)(L)	58,800		2,135,616
Kendle International, Inc. (I)	17,551		298,894
Luminex Corp. (I)	2,213		32,420
Parexel International Corp. (I)	3,227		65,024
Sequenom, Inc. (I)(L)	3,229		20,892
Varian, Inc. (I)(L)	1,610		83,205

			3,799,689
Pharmaceuticals - 1.49%
Akorn, Inc. (I)	3,284		4,992
Auxilium Pharmaceuticals, Inc. (I)(L)	2,619		79,094
Cadence Pharmaceuticals, Inc. (I)(L)	910		7,808
Caraco Pharmaceutical Labs (I)	673		2,887
Cypress Biosciences, Inc. (I)	2,125		11,135
Durect Corp. (I)	4,332		10,353
Impax Laboratories, Inc. (I)	19,840		305,734
Inspire Pharmaceuticals, Inc. (I)	3,882		23,991
K-V Pharmaceutical Company, Class A (I)	683		2,158
MAP Pharmaceuticals, Inc. (I)(L)	759		10,413
Medicines Company (I)	2,934		22,592
Medicis Pharmaceutical Corp., Class A	3,301		74,273
Nektar Therapeutics (I)	26,014		322,313
Oculus Innovative Sciences, Inc. (I)(L)	22,130		41,604


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Pharmaceuticals (continued)
Pain Therapeutics, Inc. (I)	1,992	$	12,052
Par Pharmaceutical Companies, Inc. (I)	13,042		326,441
POZEN, Inc. (I)	1,348		8,101
Questcor Pharmaceuticals, Inc. (I)	3,239		15,159
Salix Pharmaceuticals, Ltd. (I)	21,943		626,692
Sucampo Pharmaceuticals, Inc. (I)	443		1,528
Valeant Pharmaceuticals International (I)(L)	4,288		159,599
ViroPharma, Inc. (I)	1,504		18,740
Vivus, Inc. (I)(L)	69,533		584,077
XenoPort, Inc. (I)	1,530		12,240

			2,683,976

			27,142,001
Industrials - 18.61%
Aerospace & Defense - 1.76%
AAR Corp. (I)(L)	1,404		31,843
Aerovironment, Inc. (I)(L)	835		20,249
American Science & Engineering, Inc.	493		36,635
Applied Signal Technology, Inc.	14,397		265,913
BE Aerospace, Inc. (I)	3,464		89,718
Cubic Corp.	890		30,696
DynCorp International, Inc. (I)	2,030		22,736
Esterline Technologies Corp. (I)	7,638		314,304
GenCorp, Inc. (I)(L)	2,628		11,353
GeoEye, Inc. (I)	14,366		342,198
HEICO Corp.	317		15,105
HEICO Corp.	784		29,086
Hexcel Corp. (I)	5,363		59,100
Orbital Sciences Corp., Class A (I)	91,654		1,691,016
Stanley, Inc. (I)	801		20,193
Taser International, Inc. (I)	3,267		24,699
Teledyne Technologies, Inc. (I)	950		35,787
TransDigm Group, Inc.	2,582		129,668

			3,170,299
Air Freight & Logistics - 0.86%
Forward Air Corp.	1,608		39,332
Hub Group, Inc., Class A (I)	53,178		1,434,211
Pacer International, Inc. (I)	1,002		4,820
UTI Worldwide, Inc.	5,285		78,905

			1,557,268
Airlines - 0.39%
Airtran Holdings, Inc. (I)(L)	64,948		313,049
Allegiant Travel Company (I)	661		34,465
Continental Airlines, Inc. (I)(L)	4,994		103,176
Hawaiian Holdings, Inc. (I)	2,856		22,220
UAL Corp. (I)(L)	9,269		158,963
US Airways Group, Inc. (I)(L)	8,939		65,523

			697,396
Building Products - 0.03%
Aaon, Inc.	717		15,086
Simpson Manufacturing Company, Inc.	771		18,951
USG Corp. (I)(L)	1,350		18,198

			52,235
Commercial Services & Supplies - 1.43%
ACCO Brands Corp. (I)	1,060		7,600
APAC Customer Services, Inc. (I)(L)	59,579		308,619
ATC Technology Corp. (I)	15,951		357,462
Bowne & Company, Inc.	769		8,559
Cenveo, Inc. (I)	3,115		23,238
Clean Harbors, Inc. (I)	1,309		74,404
Consolidated Graphics, Inc. (I)	11,660		519,336
Cornell Corrections, Inc. (I)	787		14,670


The accompanying notes are an integral part of the financial statements.	208

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Commercial Services & Supplies (continued)
EnergySolutions, Inc.	16,348	$	99,396
EnerNOC, Inc. (I)	993		26,255
Fuel Tech, Inc. (I)	950		6,223
Healthcare Services Group, Inc.	2,292		50,332
Herman Miller, Inc.	3,101		56,438
Innerworkings, Inc. (I)	1,551		8,794
Knoll, Inc.	2,604		31,300
M & F Worldwide Corp. (I)	644		20,859
Metalico, Inc. (I)	1,954		10,727
Mine Safety Appliances Company	1,896		48,139
Mobile Mini, Inc. (I)	1,971		26,786
Rollins, Inc.	2,473		52,551
Standard Parking Corp. (I)	776		12,742
Standard Register Company	360		1,980
SYKES Enterprises, Inc. (I)	2,223		52,930
Team, Inc. (I)	996		18,057
Tetra Tech, Inc. (I)	3,401		71,149
The Geo Group, Inc. (I)	2,850		56,345
Viad Corp.	579		11,065
Waste Connections, Inc. (I)	17,791		598,133

			2,574,089
Construction & Engineering - 2.94%
Argan, Inc. (I)	342		5,332
Chicago Bridge & Iron Company NV (I)(L)	89,000		1,930,410
EMCOR Group, Inc. (I)	1,829		42,104
Furmanite Corp. (I)	1,963		7,106
Great Lakes Dredge & Dock Corp.	2,956		13,391
Mastec, Inc. (I)(L)	223,765		2,962,649
Michael Baker Corp. (I)	449		15,194
MYR Group, Inc. (I)	1,053		16,648
Northwest Pipe Company (I)	182		4,301
Orion Marine Group, Inc. (I)	16,002		280,995
Pike Electric Corp. (I)	520		4,378
Sterling Construction Company, Inc. (I)	544		10,679

			5,293,187
Electrical Equipment - 3.39%
A.O. Smith Corp.	56,800		2,573,040
Acuity Brands, Inc. (L)	2,401		93,591
American Superconductor Corp. (I)(L)	2,332		65,296
AZZ, Inc.	684		21,484
Baldor Electric Company	860		27,021
Belden, Inc.	58,500		1,239,030
Capstone Turbine Corp. (I)(L)	178,009		211,831
Ener1, Inc. (I)(L)	2,688		11,370
Energy Conversion Devices, Inc. (I)(L)	2,538		18,274
EnerSys, Inc. (I)	16,795		382,758
Evergreen Solar, Inc. (I)(L)	5,556		6,223
Fuelcell Energy, Inc. (I)(L)	3,903		10,967
Fushi Copperweld, Inc. (I)	915		8,354
General Cable Corp. (I)(L)	2,884		70,456
GrafTech International, Ltd. (I)	16,838		210,307
GT Solar International, Inc. (I)(L)	1,991		11,846
Harbin Electric, Inc. (I)(L)	21,057		398,609
II-VI, Inc. (I)	17,407		488,092
Plug Power, Inc. (I)	2,413		1,279
Polypore International, Inc. (I)	1,355		20,284
Powell Industries, Inc. (I)	483		13,910
Thomas & Betts Corp. (I)	2,906		104,907
Valence Technology, Inc. (I)(L)	3,472		3,229
Vicor Corp. (I)	1,078		10,252
Woodward Governor Company	3,414		98,289

			6,100,699


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Industrial Conglomerates - 0.02%
Raven Industries, Inc.	900	$	26,370
Standex International Corp.	659		16,409

			42,779
Machinery - 3.43%
3D Systems Corp. (I)	538		7,618
Actuant Corp., Class A	3,765		68,184
Astec Industries, Inc. (I)	1,064		25,845
Badger Meter, Inc.	788		28,313
Blount International, Inc. (I)	1,138		12,552
China Fire & Security Group, Inc. (I)(L)	459		6,458
Clarcor, Inc.	2,793		91,471
Columbus McKinnon Corp. (I)	21,930		315,573
Dynamic Materials Corp.	715		12,956
Energy Recovery, Inc. (I)	1,809		11,596
EnPro Industries, Inc. (I)	9,710		268,773
ESCO Technologies, Inc.	1,459		47,724
Force Protection, Inc. (I)	3,882		20,808
Gardner Denver, Inc.	2,889		125,989
Graco, Inc.	1,165		31,933
IDEX Corp.	4,485		139,035
John Bean Technologies Corp.	1,532		25,048
K-Tron International, Inc. (I)	142		21,223
L.B. Foster Company (I)	564		17,151
Lindsay Corp.	657		24,184
Middleby Corp. (I)	927		43,004
Mueller Industries, Inc.	1,047		23,432
Navistar International Corp. (I)(L)	22,800		892,848
Oshkosh Corp. (I)	4,964		189,228
Pall Corp.	50,800		2,005,076
RBC Bearings, Inc. (I)	783		19,833
Robbins & Myers, Inc.	1,549		37,439
Sauer-Danfoss, Inc. (I)	243		2,923
Sun Hydraulics, Inc.	247		5,975
The Manitowoc Company, Inc. (L)	4,712		54,942
Toro Company	1,899		83,594
Valmont Industries, Inc.	1,021		72,695
WABCO Holdings, Inc. (I)	50,900		1,361,066
Wabtec Corp. (L)	2,507		95,617

			6,190,106
Marine - 0.23%
American Commercial Lines, Inc. (I)	265		6,161
Genco Shipping & Trading, Ltd. (I)(L)	14,785		310,485
Kirby Corp. (I)(L)	2,837		93,649

			410,295
Professional Services - 1.54%
Administaff, Inc.	1,279		23,048
CBIZ, Inc. (I)	2,566		15,986
Corporate Executive Board Company	1,894		43,335
CoStar Group, Inc. (I)(L)	1,084		42,655
CRA International, Inc. (I)	13,903		369,820
Exponent, Inc. (I)	764		20,345
FTI Consulting, Inc. (I)	8,767		322,100
Heidrick & Struggles International, Inc.	10,951		295,348
Hill International, Inc. (I)	1,306		6,883
Huron Consulting Group, Inc. (I)	1,064		25,196
ICF International, Inc. (I)	939		22,001
Kforce, Inc. (I)	29,444		392,194
Korn/Ferry International (I)	1,267		21,640
Monster Worldwide, Inc. (I)	6,626		92,433
Navigant Consulting Company (I)	2,774		32,262
Odyssey Marine Exploration, Inc. (I)	1,005		1,276
Resources Connection, Inc. (I)	1,557		26,531
The Advisory Board Company (I)	11,692		371,338


The accompanying notes are an integral part of the financial statements.	209

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Professional Services (continued)
Towers Watson & Company	2,350	$	103,800
TrueBlue, Inc. (I)	27,477		364,620
VSE Corp.	4,213		179,179

			2,771,990
Road & Rail - 1.01%
AMERCO, Inc. (I)	133		6,973
Avis Budget Group, Inc. (I)(L)	5,659		59,533
Celadon Group, Inc. (I)	34,163		417,472
Dollar Thrifty Automotive Group, Inc. (I)	1,379		41,425
Genesee & Wyoming, Inc., Class A (I)	2,132		67,904
Heartland Express, Inc. (L)	3,271		50,079
Kansas City Southern (I)(L)	13,880		476,084
Knight Transportation, Inc.	3,465		68,434
Landstar System, Inc.	2,821		112,530
Marten Transport, Ltd. (I)	16,396		308,901
Old Dominion Freight Lines, Inc. (I)	6,242		191,879
Patriot Transportation Holding, Inc. (I)	95		8,462
Saia, Inc. (I)	764		9,672
Universal Truckload Services, Inc. (I)	128		2,277
YRC Worldwide, Inc. (I)	5,699		2,628

			1,824,253
Trading Companies & Distributors - 1.58%
Beacon Roofing Supply, Inc. (I)	2,504		43,570
Houston Wire & Cable Company (L)	931		11,423
Kaman Corp., Class A	504		12,071
Lawson Products, Inc.	85		1,507
RSC Holdings, Inc. (I)(L)	2,869		20,226
Titan Machinery, Inc. (I)	382		4,550
United Rentals, Inc. (I)	3,004		22,680
Watsco, Inc. (L)	47,100		2,724,264

			2,840,291

			33,524,887
Information Technology - 19.44%
Communications Equipment - 2.82%
Acme Packet, Inc. (I)	29,051		484,280
ADTRAN, Inc. (L)	3,138		73,366
Airvana, Inc. (I)	1,389		10,598
Anaren, Inc. (I)	781		9,606
Arris Group, Inc. (I)	3,478		35,893
Aruba Networks, Inc. (I)	3,428		40,210
Bel Fuse, Inc.	31		671
Bel Fuse, Inc., Class B	168		3,819
BigBand Networks, Inc. (I)	2,212		6,371
Blue Coat Systems, Inc. (I)	20,247		586,758
Ciena Corp. (I)	5,079		72,833
CommScope, Inc. (I)	41,204		1,050,290
Comtech Telecommunications Corp. (I)(L)	14,167		447,961
DG Fastchannel, Inc. (I)	5,606		181,578
Digi International, Inc. (I)	1,316		13,357
EMS Technologies, Inc. (I)	424		5,817
Emulex Corp. (I)	27,990		355,473
Finisar Corp. (I)(L)	3,049		38,204
Harmonic, Inc. (I)	5,333		34,984
Hughes Communications, Inc. (I)	539		15,184
Infinera Corp. (I)	4,836		36,657
InterDigital, Inc. (I)	2,389		61,278
Ixia (I)	1,254		9,706
JDS Uniphase Corp. (I)	12,104		129,876
NETGEAR, Inc. (I)	21,477		544,442
Oplink Communications, Inc. (I)	23,645		365,079
OpNext, Inc. (I)	1,289		2,630
Palm, Inc. (I)(L)	8,557		52,198


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Communications Equipment (continued)
Plantronics, Inc.	2,726	$	77,500
Polycom, Inc. (I)	4,683		122,273
Powerwave Technologies, Inc. (I)	7,410		8,670
Riverbed Technology, Inc. (I)(L)	3,072		83,712
Seachange International, Inc. (I)	1,642		11,625
ShoreTel, Inc. (I)	2,467		14,802
Sonus Networks, Inc. (I)	7,684		16,367
Tekelec, Inc. (I)	1,187		19,609
Viasat, Inc. (I)	1,597		48,549

			5,072,226
Computers & Peripherals - 1.36%
3PAR, Inc. (I)(L)	1,557		14,371
Compellent Technologies, Inc. (I)	23,168		359,799
Cray, Inc. (I)	37,760		197,862
Imation Corp. (I)	592		5,446
Intermec, Inc. (I)	2,761		39,317
Intevac, Inc. (I)	1,232		17,457
Isilon Systems, Inc. (I)	30,945		228,684
Netezza Corp. (I)	2,689		24,577
Novatel Wireless, Inc. (I)(L)	36,991		246,360
QLogic Corp. (I)	6,359		115,734
Quantum Corp. (I)	11,819		29,311
Silicon Graphics International Corp. (I)	842		9,043
STEC, Inc. (I)(L)	7,435		76,432
Stratasys, Inc. (I)	1,068		28,163
Super Micro Computer, Inc. (I)	1,461		21,930
Synaptics, Inc. (I)	1,887		50,383
Western Digital Corp. (I)	25,700		992,791

			2,457,660
Electronic Equipment, Instruments & Components - 0.62%
Anixter International, Inc. (I)	1,621		67,661
China Security & Surveillance
Technology, Inc. (I)	1,429		9,860
Cogent, Inc. (I)	2,490		24,651
Cognex Corp.	2,091		39,520
Coherent, Inc. (I)	1,357		43,139
Comverge, Inc. (I)(L)	1,180		11,446
Daktronics, Inc.	1,946		14,731
DTS, Inc. (I)	972		31,104
Echelon Corp. (I)(L)	1,114		9,157
Electro Scientific Industries, Inc. (I)	537		6,718
FARO Technologies, Inc. (I)	849		20,325
ICx Technologies, Inc. (I)(L)	675		4,394
IPG Photonics Corp. (I)	1,278		20,218
Itron, Inc. (I)	2,226		149,031
L-1 Identity Solutions, Inc. (I)	2,414		20,567
Maxwell Technologies, Inc. (I)(L)	13,052		180,901
MTS Systems Corp.	414		11,269
Multi-Fineline Electronix, Inc. (I)	563		12,273
National Instruments Corp.	3,235		102,291
OSI Systems, Inc. (I)	883		27,232
Plexus Corp. (I)	2,195		75,706
Power-One, Inc. (I)(L)	3,711		14,065
Rofin-Sinar Technologies, Inc. (I)	1,609		32,968
Rogers Corp. (I)	312		8,564
Sanmina-SCI Corp. (I)	1,526		25,240
ScanSource, Inc. (I)	1,474		38,324
Technitrol, Inc.	827		3,639
TTM Technologies, Inc. (I)	2,395		20,453
Universal Display Corp. (I)(L)	1,842		19,396
Vishay Intertechnology, Inc. (I)	6,214		63,694

			1,108,537


The accompanying notes are an integral part of the financial statements.	210

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Internet Software & Services - 3.57%
Art Technology Group, Inc. (I)	95,714	$	379,985
comScore, Inc. (I)	1,100		17,072
Constant Contact, Inc. (I)(L)	1,180		22,031
DealerTrack Holdings, Inc. (I)	2,131		30,303
Dice Holdings, Inc. (I)	1,056		6,970
Digital River, Inc. (I)	2,144		56,366
DivX, Inc. (I)	1,559		9,416
Equinix, Inc. (I)(L)	29,200		2,758,524
GigaMedia, Ltd. (I)	25,574		73,909
GSI Commerce, Inc. (I)	3,007		75,085
InfoSpace, Inc. (I)	38,980		392,918
Internap Network Services Corp. (I)	1,739		8,747
Internet Brands, Inc., Class A (I)	1,304		10,745
Internet Capital Group, Inc. (I)	2,038		13,858
J2 Global Communications, Inc. (I)	2,506		54,380
Limelight Networks, Inc. (I)	2,114		7,780
Liquidity Services, Inc. (I)	927		11,402
LoopNet, Inc. (I)	1,548		14,629
MercadoLibre, Inc. (I)(L)	1,469		60,435
Move, Inc. (I)	90,418		141,956
NIC, Inc.	40,343		301,362
Open Text Corp. (I)	10,990		534,554
Perficient, Inc. (I)	851		9,446
Rackspace Hosting, Inc. (I)	2,720		53,938
RealNetworks, Inc. (I)	5,237		24,090
SAVVIS, Inc. (I)	2,112		29,758
Sohu.com, Inc. (I)	1,707		87,415
Switch & Data Facilities Company, Inc. (I)	1,247		22,309
Terremark Worldwide, Inc. (I)	21,453		154,462
The Knot, Inc. (I)	1,591		12,171
United Online, Inc.	20,203		126,471
ValueClick, Inc. (I)	46,384		440,184
VistaPrint NV (I)(L)	2,272		131,140
Vocus, Inc. (I)	1,030		14,657
Web.com Group, Inc. (I)	47,050		223,958
WebMD Health Corp. (I)(L)	2,711		116,790

			6,429,216
IT Services - 2.52%
Amdocs, Ltd. (I)	48,000		1,395,840
CACI International, Inc., Class A (I)	9,615		476,519
Cass Information Systems, Inc.	363		10,988
China Information Security
Technology, Inc. (I)	1,644		8,088
Convergys Corp. (I)	38,280		472,375
CSG Systems International, Inc. (I)	22,019		443,022
Cybersource Corp. (I)(L)	32,204		551,655
Euronet Worldwide, Inc. (I)(L)	2,535		45,934
Exlservice Holdings, Inc. (I)	812		13,966
Forrester Research, Inc. (I)	872		26,116
Gartner Group, Inc., Class A (I)	4,253		101,179
Genpact, Ltd. (I)	4,198		63,348
Global Cash Access, Inc. (I)	3,125		23,406
Heartland Payment Systems, Inc.	1,248		19,082
iGate Corp.	1,353		12,366
infoGROUP, Inc. (I)	692		5,557
ManTech International Corp. (I)	1,235		60,984
NCI, Inc. (I)	372		10,479
NeuStar, Inc., Class A (I)	4,126		95,641
RightNow Technologies, Inc. (I)	1,235		19,217
Sapient Corp.	5,889		53,119
SRA International, Inc., Class A (I)	2,418		46,087
Syntel, Inc. (L)	1,383		46,884
TeleTech Holdings, Inc. (I)(L)	2,075		36,292
TNS, Inc. (I)	922		21,787


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
IT Services (continued)
Unisys Corp. (I)	2,346	$	81,899
VeriFone Holdings, Inc. (I)	4,219		81,427
Wright Express Corp. (I)	11,470		324,830

			4,548,087
Office Electronics - 0.05%
Zebra Technologies Corp., Class A (I)	3,263		93,224
Semiconductors & Semiconductor Equipment - 3.70%
Actel Corp. (I)	510		6,533
Advanced Analogic Technologies, Inc. (I)	58,789		192,828
Advanced Energy Industries, Inc. (I)(L)	1,866		27,094
Amkor Technology, Inc. (I)(L)	6,604		39,756
Anadigics, Inc. (I)	76,727		315,348
Applied Micro Circuits Corp. (I)	3,698		33,060
Atheros Communications, Inc. (I)(L)	8,795		315,653
Atmel Corp. (I)	23,916		107,861
ATMI, Inc. (I)	1,132		19,063
Brooks Automation, Inc. (I)	3,574		30,879
Cabot Microelectronics Corp. (I)	1,301		46,055
Cavium Networks, Inc. (I)	2,081		49,736
Cirrus Logic, Inc. (I)	3,442		24,576
Conexant Systems, Inc. (I)	3,229		15,435
Cymer, Inc. (I)	24,821		777,394
Cypress Semiconductor Corp. (I)(L)	8,642		102,321
Diodes, Inc. (I)	1,937		37,985
Entegris, Inc. (I)	4,670		20,922
Exar Corp. (I)	720		5,321
Fairchild Semiconductor International, Inc. (I)	2,407		24,840
FEI Company (I)	2,091		44,496
FormFactor, Inc. (I)	2,761		45,418
Hittite Microwave Corp. (I)	1,337		55,806
Integrated Device Technology, Inc. (I)	3,254		17,799
International Rectifier Corp. (I)	1,384		27,998
IXYS Corp. (I)	1,300		11,063
Kopin Corp. (I)	3,718		14,128
Kulicke & Soffa Industries, Inc. (I)	1,373		9,034
Lattice Semiconductor Corp. (I)	2,286		6,561
Mattson Technology, Inc. (I)	1,431		5,280
Micrel, Inc.	847		8,343
Microsemi Corp. (I)	27,835		431,721
MIPS Technologies, Inc., Class A (I)	78,150		329,012
MKS Instruments, Inc. (I)	2,610		47,058
Monolithic Power Systems, Inc. (I)	68,940		1,400,171
Netlogic Microsystems, Inc. (I)	1,058		57,333
NVE Corp. (I)(L)	7,464		331,849
O2Micro International, Ltd. (I)	72,263		432,855
OmniVision Technologies, Inc. (I)	1,828		26,561
Pericom Semiconductor Corp. (I)	1,428		13,409
PMC-Sierra, Inc. (I)	6,313		52,398
Power Integrations, Inc.	1,494		53,724
Rambus, Inc. (I)	3,612		79,283
Rubicon Technology, Inc. (I)(L)	668		10,488
Rudolph Technologies, Inc. (I)	1,083		8,621
Semtech Corp. (I)	2,216		35,168
Sigma Designs, Inc. (I)	1,448		16,942
Silicon Laboratories, Inc. (I)	2,407		109,374
Silicon Storage Technology, Inc. (I)	2,260		7,209
Standard Microsystems Corp. (I)	1,237		24,146
Supertex, Inc. (I)	616		14,729
Teradyne, Inc. (I)(L)	6,307		63,007
Tessera Technologies, Inc. (I)	2,764		49,641
Trident Microsystems, Inc. (I)	2,578		3,815
TriQuint Semiconductor, Inc. (I)	8,456		60,799
Ultratech, Inc. (I)	1,249		16,112


The accompanying notes are an integral part of the financial statements.	211

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Semiconductors & Semiconductor Equipment (continued)
Varian Semiconductor Equipment
Associates, Inc. (I)	4,083	$	122,817
Veeco Instruments, Inc. (I)	1,363		46,478
Verigy, Ltd. (I)	3,265		32,519
Volterra Semiconductor Corp. (I)	1,260		27,506
Zoran Corp. (I)	29,110		330,107

			6,673,438
Software - 4.80%
ACI Worldwide, Inc. (I)	1,227		22,380
Actuate Corp. (I)	49,310		264,302
Advent Software, Inc. (I)	930		37,498
ArcSight, Inc. (I)	920		24,656
Ariba, Inc. (I)	2,481		29,797
AsiaInfo Holdings, Inc. (I)	1,679		41,001
Blackbaud, Inc.	2,450		57,036
Blackboard, Inc. (I)	1,716		67,061
Bottomline Technologies, Inc. (I)	478		7,595
Clicksoftware Technologies, Ltd. (I)	55,130		390,320
Commvault Systems, Inc. (I)	2,228		48,793
Compuware Corp. (I)	61,696		462,103
Concur Technologies, Inc. (I)	2,313		90,993
Deltek, Inc. (I)	923		7,098
DemandTec, Inc. (I)	1,431		8,400
Double-Take Software, Inc. (I)	934		8,285
Ebix, Inc. (I)(L)	1,319		19,152
EPIQ Systems, Inc. (I)	35,531		412,870
Falconstor Software, Inc. (I)	2,031		7,210
Informatica Corp. (I)	4,962		126,630
Interactive Intelligence, Inc. (I)	20,392		401,722
Jack Henry & Associates, Inc.	4,464		100,797
JDA Software Group, Inc. (I)	15,527		439,414
Kenexa Corp. (I)	1,139		11,242
Magma Design Automation, Inc. (I)(L)	2,632		6,501
Manhattan Associates, Inc. (I)	1,250		31,588
MICROS Systems, Inc. (I)	4,421		132,807
MicroStrategy, Inc., Class A (I)	507		44,966
Monotype Imaging Holdings, Inc. (I)	635		6,039
Net 1 UEPS Technologies, Inc. (I)	21,500		379,475
Netscout Systems, Inc. (I)	1,586		23,140
NetSuite, Inc. (I)(L)	879		10,864
NICE Systems, Ltd., SADR (I)	18,847		579,734
Opnet Technologies, Inc.	487		7,222
Parametric Technology Corp. (I)	6,541		113,879
Pegasystems, Inc.	918		33,048
Progress Software Corp. (I)	1,114		31,214
PROS Holdings, Inc. (I)	999		8,701
Quest Software, Inc. (I)	25,740		433,719
Radiant Systems, Inc. (I)	26,201		292,665
Renaissance Learning, Inc.	247		3,446
Rovi Corp. (I)	5,718		191,553
S1 Corp. (I)	2,897		17,990
Smith Micro Software, Inc. (I)	50,049		438,429
Solera Holdings, Inc.	19,659		671,551
SonicWALL, Inc. (I)	3,024		24,222
Sourcefire, Inc. (I)	896		20,931
SuccessFactors, Inc. (I)	2,580		46,724
Sybase, Inc. (I)(L)	8,814		391,253
Symyx Technologies, Inc. (I)	1,938		8,450
Synchronoss Technologies, Inc. (I)	1,119		19,482
Taleo Corp. (I)	1,916		45,103
TeleCommunication Systems, Inc. (I)	44,387		338,229
TIBCO Software, Inc. (I)	46,977		430,779
TiVo, Inc. (I)	6,084		57,676
Tyler Technologies, Inc. (I)	23,464		426,106


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Software (continued)
Ultimate Software Group, Inc. (I)	8,010	$	247,669
VASCO Data Security International, Inc. (I)	1,684		13,337
Websense, Inc. (I)	1,578		33,864

			8,648,711

			35,031,099
Materials - 4.59%
Chemicals - 1.91%
Albemarle Corp.	60,300		2,260,647
Balchem Corp.	1,553		34,026
Calgon Carbon Corp. (I)	2,950		45,755
Hawkins, Inc.	176		3,511
Intrepid Potash, Inc. (I)(L)	2,498		68,745
Landec Corp. (I)	1,406		8,520
LSB Industries, Inc. (I)	905		12,860
NewMarket Corp.	675		60,109
Solutia, Inc. (I)	38,049		535,349
Spartech Corp. (I)	21,975		223,925
Stepan Company	440		20,918
W.R. Grace & Company (I)	4,008		116,072
Zep, Inc.	1,199		26,486
Zoltek Companies, Inc. (I)(L)	1,622		14,420

			3,431,343
Construction Materials - 0.01%
Headwaters, Inc. (I)	3,343		16,682
United States Lime & Minerals, Inc. (I)	161		6,356

			23,038
Containers & Packaging - 1.35%
AptarGroup, Inc.	6,796		261,850
Bway Holding Company (I)	620		9,343
Crown Holdings, Inc. (I)	67,100		1,833,172
Graphic Packaging Holding Company (I)	2,381		8,286
Silgan Holdings, Inc.	5,562		317,646

			2,430,297
Metals & Mining - 1.12%
AK Steel Holding Corp.	16,016		344,824
Allied Nevada Gold Corp. (I)(L)	3,462		47,637
Brush Engineered Materials, Inc. (I)	1,123		23,066
Gammon Gold, Inc. (I)	37,590		366,503
General Moly, Inc. (I)	3,417		8,030
Haynes International, Inc.	672		19,515
Hecla Mining Company (I)(L)	6,642		34,538
Horsehead Holding Corp. (I)	2,404		24,449
Royal Gold, Inc.	1,397		62,781
RTI International Metals, Inc. (I)	1,665		40,010
Schnitzer Steel Industries, Inc.	1,188		54,244
Stillwater Mining Company (I)	42,696		484,600
Thompson Creek Metals Company, Inc. (I)	36,730		505,038

			2,015,235
Paper & Forest Products - 0.20%
Buckeye Technologies, Inc. (I)	31,330		346,197
Deltic Timber Corp.	381		17,503

			363,700

			8,263,613
Telecommunication Services - 3.74%
Diversified Telecommunication Services - 1.88%
Alaska Communications Systems Group, Inc.	2,463		17,881
Atlantic Tele-Network, Inc.	5,100		223,788
Cbeyond, Inc. (I)	1,297		16,083
Cogent Communications Group, Inc. (I)(L)	154,046		1,515,813


The accompanying notes are an integral part of the financial statements.	212

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Smaller Company Growth Fund (continued)
	Shares or
	Principal
	Amount			Value


COMMON STOCKS (continued)
Diversified Telecommunication Services (continued)
General Communication, Inc., Class A (I)		1,872	$	10,277
Global Crossing, Ltd. (I)		1,669		23,783
Neutral Tandem, Inc. (I)		1,769		28,516
PAETEC Holding Corp. (I)		7,273		28,801
Premiere Global Services, Inc. (I)		183,659		1,381,116
TW Telecom, Inc. (I)		8,292		131,760
Vonage Holdings Corp. (I)		6,098		9,452

				3,387,270
Wireless Telecommunication Services - 1.86%
Fibertower Corp. (I)		395		1,627
ICO Global Communications
Holdings, Ltd. (I)		8,282		9,110
NII Holdings, Inc. (I)		77,300		2,892,568
Shenandoah Telecommunications Company		1,246		22,465
Syniverse Holdings, Inc. (I)		24,546		412,864
TerreStar Corp. (I)		2,597		2,246
USA Mobility, Inc. (I)		1,254		14,120

				3,355,000

				6,742,270
Utilities - 0.28%
Electric Utilities - 0.08%
ITC Holdings Corp.		2,817		150,371
Independent Power Producers & Energy Traders - 0.02%
Ormat Technologies, Inc.		1,134		32,807
Multi-Utilities - 0.17%
Avista Corp.		15,320		311,915
Consolidated Water Company, Ltd.		781		9,489

				504,582

TOTAL COMMON STOCKS (Cost $143,959,647)			$	175,318,782


INVESTMENT COMPANIES - 0.47%
Diversified Financials - 0.47%
iShares Russell 2000 Growth Index Fund (L)		12,500		849,500

TOTAL INVESTMENT COMPANIES (Cost $868,071)			$	849,500


RIGHTS - 0.00%
Telecommunication Services - 0.00%
Wireless Telecommunication Services - 0.00%
ICO Global Communications Holdings, Ltd.
(Expiration Date 03/09/2010, Strike
Price USD 0.70)		6,961		573

TOTAL RIGHTS (Cost $-)			$	573


SHORT-TERM INVESTMENTS - 21.75%
Repurchase Agreement - 1.79%
Repurchase Agreement with State Street Corp.
dated 02/26/2010 at 0.01% to be
repurchased at $1,062,001 on 03/01/2010,
collateralized by $995,000 U.S. Treasury
Notes, 4.25% due 08/15/2015 (valued at
$1,085,844, including interest)	$	1,062,000		1,062,000
Repurchase Agreement with State Street Corp.
dated 02/26/2010 at 0.01% to be
repurchased at $2,166,002 on 03/01/2010,
collateralized by $2,125,000 Federal Home
Loan Bank, 4.375% due 09/17/2010 (valued
at $2,213,613, including interest)		2,166,000		2,166,000

				3,228,000


Smaller Company Growth Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS (continued)
*Short-Term Securities - 0.48%**
State Street Institutional Liquid Reserves
Fund, 0.1176%	$	863,786	$	863,786
Securities Lending Collateral - 19.48%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		3,506,412		35,099,534

TOTAL SHORT-TERM INVESTMENTS (Cost $39,191,237)			$	39,191,320

Total Investments (Smaller Company Growth Fund)
(Cost $184,018,955) - 119.52%			$	215,360,175
Other assets and liabilities, net - (19.52%)				(35,178,121)

TOTAL NET ASSETS - 100.00%			$	180,182,054




Spectrum Income Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 13.72%
Automobiles & Components - 0.06%
Harley-Davidson, Inc. (L)		20,800	$	511,888
Banks - 0.76%
Allied Irish Banks PLC -
London Exchange		34,713		47,662
KeyCorp		67,900		485,485
Marshall & Ilsley Corp.		32,600		230,808
Regions Financial Corp. (L)		62,500		421,875
SunTrust Banks, Inc.		37,700		897,637
U.S. Bancorp		83,100		2,045,091
Wells Fargo & Company		84,900		2,321,166

				6,449,724
Capital Goods - 1.68%
3M Company		26,900		2,156,035
Boeing Company		20,800		1,313,728
Cooper Industries PLC		17,600		798,336
Deere & Company		22,600		1,294,980
Eaton Corp.		6,200		422,344
General Cable Corp. (I)(L)		6,650		162,460
General Electric Company		184,300		2,959,858
Honeywell International, Inc.		32,600		1,309,216
Illinois Tool Works, Inc.		34,400		1,565,888
ITT Corp.		3,600		184,428
Lockheed Martin Corp.		9,400		730,944
Masco Corp.		58,200		778,134
Pall Corp.		5,800		228,926
USG Corp. (I)(L)		18,900		254,772

				14,160,049
Commercial & Professional Services - 0.09%
Avery Dennison Corp.		23,300		736,280
Consumer Durables & Apparel - 0.53%
D.R. Horton, Inc. (L)		20,600		254,616
Fortune Brands, Inc.		37,600		1,648,008
Harman International Industries, Inc. (I)		4,700		202,758
Mattel, Inc.		47,300		1,040,127
Whirlpool Corp. (L)		15,400		1,296,064

				4,441,573
Consumer Services - 0.15%
H & R Block, Inc.		9,200		158,976
Lakes Gaming, Inc. (I)		22,900		50,380
Marriott International, Inc., Class A (L)		27,299		740,076


The accompanying notes are an integral part of the financial statements.	213

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Consumer Services (continued)
MGM Mirage, Inc. (I)(L)	29,900	$	315,146

			1,264,578
Diversified Financials - 1.64%
American Express Company	65,100		2,486,169
Bank of America Corp.	179,293		2,987,021
Capital One Financial Corp.	21,200		800,300
JPMorgan Chase & Company	96,900		4,066,893
Legg Mason, Inc. (L)	35,400		915,090
NYSE Euronext	23,100		609,378
SLM Corp. (I)	65,500		732,290
The Bank of New York Mellon Corp.	42,800		1,220,656

			13,817,797
Energy - 1.89%
Anadarko Petroleum Corp.	20,600		1,444,678
BJ Services Company	14,600		319,010
BP PLC	26,900		1,431,349
Chevron Corp.	41,100		2,971,530
ConocoPhillips	12,200		585,600
Exxon Mobil Corp. (L)	41,100		2,671,500
Murphy Oil Corp.	28,700		1,489,530
Royal Dutch Shell PLC, ADR	41,200		2,255,288
Schlumberger, Ltd.	22,300		1,362,530
Spectra Energy Corp.	25,300		551,540
Sunoco, Inc.	20,600		543,222
The Williams Companies, Inc.	13,300		286,482

			15,912,259
Food & Staples Retailing - 0.05%
Wal-Mart Stores, Inc.	7,700		416,339
Food, Beverage & Tobacco - 0.40%
B&G Foods, Inc.	25,350		236,009
Kraft Foods, Inc., Class A	29,100		827,313
McCormick & Company, Inc.	12,800		475,008
The Hershey Company (L)	46,800		1,860,768

			3,399,098
Household & Personal Products - 0.10%
Kimberly-Clark Corp.	13,700		832,138
Insurance - 0.53%
Chubb Corp.	9,200		464,232
Lincoln National Corp.	36,600		921,588
Marsh & McLennan Companies, Inc.	58,100		1,349,082
Sun Life Financial, Inc. (L)	29,300		835,050
The Progressive Corp.	26,000		445,900
The Travelers Companies, Inc.	9,300		489,087

			4,504,939
Materials - 0.98%
Alcoa, Inc.	31,600		420,280
Ashland, Inc.	8,250		388,410
E.I. Du Pont de Nemours & Company	30,700		1,035,204
Freeport-McMoRan Copper & Gold, Inc.	3,475		261,181
Huntsman Corp.	14,400		197,712
International Flavors & Fragrances, Inc.	25,100		1,056,961
International Paper Company	63,800		1,478,246
MeadWestvaco Corp.	26,600		610,204
Nucor Corp.	29,100		1,204,740
Owens-Illinois, Inc. (I)	12,150		360,126
Vulcan Materials Company (L)	19,500		846,495
Weyerhaeuser Company	9,700		391,880

			8,251,439
Media - 0.80%
Cablevision Systems Corp., Class A	33,700		811,496


Spectrum Income Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Media (continued)
Comcast Corp., Class A	23,500	$	386,340
Madison Square Garden, Inc. (I)	8,725		170,138
The McGraw-Hill Companies, Inc.	41,200		1,409,040
The New York Times Company (I)	49,100		537,154
The Walt Disney Company	44,500		1,390,180
Time Warner, Inc.	61,133		1,775,302
WPP PLC, SADR	34,500		316,308

			6,795,958
Pharmaceuticals, Biotechnology & Life Sciences - 0.71%
Amgen, Inc.	11,900		673,659
Bristol-Myers Squibb Company (L)	43,000		1,053,930
Eli Lilly & Company	31,200		1,071,408
Johnson & Johnson	17,800		1,121,400
Merck & Company, Inc.	38,400		1,416,192
Pfizer, Inc.	36,621		642,699

			5,979,288
Real Estate - 0.00%
Weingarten Realty Investors (L)	1,271		26,170
Retailing - 0.61%
Bed Bath & Beyond, Inc.	33,300		1,385,613
Genuine Parts Company	12,300		496,428
Home Depot, Inc.	69,900		2,180,880
Macy’s, Inc.	22,900		438,535
Tiffany & Company	14,000		621,460

			5,122,916
Semiconductors & Semiconductor Equipment - 0.26%
Analog Devices, Inc.	37,700		1,102,348
Applied Materials, Inc.	28,800		352,512
Intel Corp.	35,700		732,921

			2,187,781
Software & Services - 0.48%
Computer Sciences Corp. (I)	21,900		1,134,201
eBay, Inc. (I)	32,200		741,244
Electronic Arts, Inc. (I)(L)	24,900		412,842
Microsoft Corp.	60,200		1,725,332

			4,013,619
Technology Hardware & Equipment - 0.12%
Cisco Systems, Inc. (I)	19,800		481,734
Dell, Inc. (I)	42,400		560,952

			1,042,686
Telecommunication Services - 0.62%
AT&T, Inc.	94,720		2,350,003
Qwest Communications
International, Inc. (L)	168,600		768,816
Sprint Nextel Corp. (I)	160,575		534,715
Verizon Communications, Inc.	37,500		1,084,875
Vodafone Group PLC	228,700		493,377

			5,231,786
Transportation - 0.18%
Southwest Airlines Company	23,200		291,856
United Parcel Service, Inc., Class B	21,300		1,251,162

			1,543,018
Utilities - 1.08%
CenterPoint Energy, Inc.	13,600		181,968
Constellation Energy Group, Inc.	15,900		557,613
Duke Energy Corp.	52,380		856,413
Entergy Corp.	11,700		888,849
Exelon Corp.	25,400		1,099,820
FirstEnergy Corp.	9,700		374,905


The accompanying notes are an integral part of the financial statements.	214

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Utilities (continued)
NiSource, Inc.	71,600	$	1,075,432
NRG Energy, Inc. (I)	11,200		244,608
PG&E Corp.	15,900		666,528
Pinnacle West Capital Corp.	15,900		578,919
PPL Corp.	16,600		472,768
Progress Energy, Inc.	25,150		962,994
TECO Energy, Inc. (L)	14,600		223,818
Xcel Energy, Inc.	46,020		957,676

			9,142,311

TOTAL COMMON STOCKS (Cost $117,972,510)		$	115,783,634


PREFERRED STOCKS - 0.44%
Consumer Services - 0.02%
Sealy Corp. 8.000%	2,100		193,200
Diversified Financials - 0.12%
Citigroup, Inc. 7.500%	6,200		665,012
Federal Home Loan Mortgage Corp.,
Series Z 8.375% (I)	7,400		8,436
Federal National Mortgage Association,
Series S 8.250% (I)	6,125		6,615
SLM Corp. 7.250%	550		329,021

			1,009,084
Media - 0.01%
Spanish Broadcasting System,
Series B 10.375%	308		77,000
Telecommunication Services - 0.29%
Crown Castle International Corp. 6.250%	12,250		712,797
Lucent Technologies Capital Trust
I 7.375%	2,300		1,725,000

			2,437,797

TOTAL PREFERRED STOCKS (Cost $3,908,132)		$	3,717,081


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 23.95%
U.S. Treasury Strips - 0.01%
0.00%, 05/15/2021	180,000		112,941
U.S. Treasury Bonds - 0.90%
2.625%, 04/30/2016	3,150,000		3,123,915
3.500%, 02/15/2039	1,140,000		951,188
4.500%, 08/15/2039	65,000		64,705
4.750%, 02/15/2037	1,215,000		1,268,156
6.125%, 08/15/2029 (F)	915,000		1,124,592
7.125%, 02/15/2023	410,000		537,164
7.250%, 08/15/2022	340,000		449,331
7.875%, 02/15/2021	45,000		61,587

			7,580,638
U.S. Treasury Notes - 4.35%
1.000%, 08/31/2011	1,500,000		1,510,313
1.125%, 01/15/2012	680,000		684,728
1.750%, 08/15/2012	2,900,000		2,949,845
2.000%, 09/30/2010	725,000		732,505
2.375%, 08/31/2010	5,000,000		5,053,905
2.625%, 07/31/2014	10,635,000		10,906,692
3.125%, 09/30/2013	3,000,000		3,157,500
4.000%, 08/15/2018	9,205,000		9,622,097
4.500%, 04/30/2012	1,930,000		2,080,177

			36,697,762
Federal Home Loan Mortgage Corp. - 2.04%
0.00%, 08/01/2028	6,404		5,619
3.326%, 02/01/2035 (P)	122,193		126,578


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
Federal Home Loan Mortgage Corp. (continued)
3.346%, 09/01/2032 (P)	$	4,458	$	4,641
3.667%, 07/01/2035 (P)		33,884		35,096
4.125%, 10/18/2010		1,750,000		1,791,899
4.250%, 12/15/2021		131,520		134,640
4.500%, 05/15/2016 to 02/15/2020		990,642		930,877
4.623%, 06/01/2038 (P)		159,618		167,947
4.633%, 07/01/2035 (P)		85,872		89,214
4.711%, 07/01/2038 (P)		267,410		281,368
5.000%, 10/01/2018 to 12/01/2035		4,187,962		4,382,184
5.031%, 03/01/2036 (P)		59,226		62,446
5.068%, 11/01/2035 (P)		28,227		29,762
5.145%, 01/01/2036 (P)		151,683		157,755
5.155%, 09/01/2035 (P)		116,968		123,328
5.292%, 02/01/2037 (P)		160,236		168,949
5.311%, 02/01/2037 (P)		82,437		86,919
5.336%, 01/01/2036 (P)		12,056		12,712
5.341%, 04/01/2037 (P)		408,688		430,911
5.361%, 05/01/2037 (P)		107,287		113,120
5.394%, 02/01/2038 (P)		375,275		395,680
5.500%, 04/25/2014 to 12/01/2034		2,220,618		2,326,684
5.523%, 10/01/2036 (P)		439,879		462,560
5.750%, 12/15/2018		348,574		361,473
5.887%, 02/01/2037 (P)		163,172		172,044
5.976%, 01/01/2037 (P)		41,898		44,176
5.984%, 12/01/2036 (P)		526,984		555,638
6.000%, 11/01/2011 to 12/01/2033		1,326,184		1,410,891
6.005%, 11/01/2036 (P)		357,367		376,799
6.011%, 10/01/2036 (P)		452,639		477,251
6.114%, 10/01/2036 (P)		345,287		364,062
6.205%, 08/01/2036 (P)		445,110		469,313
6.500%, 05/01/2017 to 11/01/2033		562,079		589,593
7.000%, 02/01/2024 to 06/01/2032		32,855		35,534
7.500%, 05/01/2024 to 06/01/2024		3,252		3,576
10.500%, 05/01/2019		152		177

				17,181,416
Federal National Mortgage Association - 6.69%
2.484%, 10/01/2033 (P)		77,405		78,629
2.587%, 07/01/2027 (P)		1,289		1,321
3.075%, 11/01/2035 (P)		134,852		139,385
3.875%, 07/12/2013		1,795,000		1,927,028
4.000%, 05/25/2016		20,722		21,007
4.500%, 05/01/2019 to 01/01/2040		10,303,437		10,586,382
4.625%, 07/01/2035 (P)		76,848		79,547
4.777%, 09/01/2035 (P)		423,037		446,040
4.832%, 05/01/2038 (P)		103,616		109,250
4.840%, 04/01/2038 (P)		197,947		208,711
4.852%, 05/01/2038 (P)		361,858		381,534
4.875%, 05/01/2038 (P)		305,690		322,312
4.912%, 08/01/2038 (P)		250,091		263,689
5.000%, 03/01/2018 to 12/01/2039		5,810,580		6,108,731
5.292%, 12/01/2035 (P)		24,231		25,548
5.326%, 12/01/2035 (P)		25,209		26,580
5.447%, 09/01/2037 (P)		169,680		178,907
5.448%, 06/01/2037 (P)		103,788		109,431
5.487%, 01/01/2019 (P)		916		953
5.500%, 07/01/2013 to 08/01/2037		14,335,185		15,191,776
5.529%, 01/01/2037 (P)		170,133		178,906
5.532%, 07/01/2036 (P)		152,887		160,579
5.633%, 12/01/2035 (P)		66,206		69,806
5.801%, 08/01/2037 (P)		202,699		213,721
5.982%, 09/01/2036 (P)		220,387		232,371
5.993%, 08/01/2036 (P)		337,042		355,369
6.000%, 03/01/2021 to 04/01/2039		14,014,247		14,998,361


The accompanying notes are an integral part of the financial statements.	215

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
Federal National Mortgage Association (continued)
6.016%, 12/01/2036 (P)	$	280,402	$	295,648
6.500%, 06/01/2013 to 04/01/2038		2,958,706		3,187,174
7.000%, 12/01/2029 to 04/01/2037		61,357		65,761
7.125%, 01/15/2030		365,000		470,665

				56,435,122
Government National Mortgage Association - 9.57%
0.00%, 03/16/2028		24,967		21,687
2.822%, 12/16/2019		362,485		365,686
3.612%, 11/16/2027		925,006		938,433
4.000%, 09/15/2018 to 06/20/2039		853,233		869,753
4.500%, 09/15/2018 to 02/20/2040		21,667,957		22,062,434
4.994%, 03/16/2030 (P)		56,000		59,904
5.000%, 02/15/2018 to 10/20/2039		14,331,977		15,038,616
5.500%, 02/15/2029 to 07/15/2037		16,288,331		17,460,694
6.000%, 11/15/2012 to 12/15/2038		14,631,670		15,832,960
6.500%, 12/15/2014 to 08/15/2037		5,857,914		6,430,553
7.000%, 04/15/2017 to 10/20/2036		1,544,126		1,695,614
9.250%, 10/15/2016 to 12/15/2019		2,905		3,272
9.750%, 07/15/2017 to 02/15/2021		3,739		4,287
10.250%, 11/15/2020		2,176		2,570
11.750%, 08/15/2013		981		1,109
12.000%, 10/15/2010 to 12/15/2012		115		124
12.250%, 03/15/2014 to 07/20/2015		838		985
12.500%, 06/15/2010		289		294
12.750%, 12/20/2013 to 11/20/2014		760		892

				80,789,867
Treasury Inflation Protected Securities (D) - 0.39%
0.875%, 04/15/2010		3,101,126		3,115,419
1.750%, 01/15/2028		82,480		78,369
2.000%, 01/15/2016		70,735		75,499
2.500%, 01/15/2029		45,270		48,011

				3,317,298

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $193,760,277)			$	202,115,044


FOREIGN GOVERNMENT
OBLIGATIONS - 10.29%
Argentina - 0.08%
Republic of Argentina
7.000%, 10/03/2015		625,000		462,500
7.875%, 04/11/2011		200,100		196,098

				658,598
Austria - 0.02%
Republic of Austria
6.250%, 07/15/2027	EUR	94,000		162,645
Belgium - 0.09%
Kingdom of Belgium
4.250%, 09/28/2013		197,000		289,879
5.000%, 09/28/2012 to 03/28/2035		313,000		473,287

				763,166
Brazil - 0.98%
Federative Republic of Brazil
5.625%, 01/07/2041	$	210,000		195,825
5.875%, 01/15/2019		275,000		292,586
6.000%, 01/17/2017		205,000		222,894
7.125%, 01/20/2037		860,000		971,800
8.750%, 02/04/2025		475,000		612,750
8.875%, 10/14/2019		500,000		643,750
10.000%, 01/01/2011 to 01/01/2021	BRL	8,523,000		4,378,602


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Brazil (continued)
Federative Republic of Brazil (continued)
11.000%, 08/17/2040	$	700,000	$	939,750

				8,257,957
Canada - 0.37%
Government of Canada
3.750%, 06/01/2019	CAD	1,388,000		1,358,319
4.250%, 06/01/2018		51,000		52,059
4.500%, 06/01/2015		111,000		115,294
5.250%, 06/01/2012		560,000		577,276
5.750%, 06/01/2033		271,000		322,529
Province of Ontario
5.000%, 03/08/2014		555,000		577,206
Province of Quebec
5.000%, 12/01/2038		90,000		88,627

				3,091,310
Colombia - 0.03%
Republic of Colombia
7.375%, 09/18/2037 (S)	$	250,000		271,875
Cote D Ivoire - 0.02%
Ivory Coast Government
4.000%, 03/31/2018		350,000		178,500
Croatia - 0.02%
Republic of Croatia
6.750%, 11/05/2019		150,000		155,442
Denmark - 0.09%
Kingdom of Denmark
5.000%, 11/15/2013	DKK	3,277,000		662,200
7.000%, 11/10/2024		364,000		91,650

				753,850
France - 0.68%
Government of France
3.750%, 01/12/2012	EUR	1,700,000		2,435,522
4.000%, 10/25/2014		733,000		1,077,627
5.500%, 04/25/2029		504,000		826,655
5.750%, 10/25/2032		813,000		1,393,884

				5,733,688
Gabon - 0.03%
Republic of Gabon
8.200%, 12/12/2017	$	250,000		269,835
Germany - 0.86%
Federal Republic of Germany
3.500%, 07/04/2019	EUR	1,105,000		1,557,541
3.750%, 01/04/2019		474,000		682,043
4.000%, 07/04/2016 to 01/04/2037		585,000		851,917
4.250%, 01/04/2014		921,000		1,369,932
4.750%, 07/04/2028 to 07/04/2034		461,000		708,672
5.000%, 01/04/2012		1,411,000		2,064,982

				7,235,087
Ghana - 0.04%
Republic of Ghana
8.500%, 10/04/2017	$	350,000		365,645
Greece - 0.15%
Republic of Greece
3.700%, 07/20/2015	EUR	115,000		136,573
4.500%, 09/20/2037		180,000		181,328
4.600%, 05/20/2013		395,000		509,324
5.250%, 05/18/2012		38,000		50,301
6.000%, 07/19/2019		151,000		198,503


The accompanying notes are an integral part of the financial statements.	216

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Greece (continued)
Republic of Greece (continued)
6.500%, 10/22/2019	$	137,000	$	185,996

				1,262,025
Grenada - 0.02%
Government of Grenada
2.500%, 09/15/2025	$	430,000		167,700
Hungary - 0.01%
Republic of Hungary
6.750%, 02/24/2017	HUF	22,240,000		107,328
Indonesia - 0.26%
Republic of Indonesia
6.625%, 02/17/2037	$	100,000		99,203
6.875%, 03/09/2017 to 01/17/2018		1,050,000		1,164,529
7.750%, 01/17/2038		300,000		335,082
10.375%, 05/04/2014 (S)		100,000		125,250
11.625%, 03/04/2019 (S)		300,000		430,500

				2,154,564
Iraq - 0.16%
Republic of Iraq
5.800%, 01/15/2028		1,757,000		1,363,432
Ireland - 0.04%
Government of Ireland
5.900%, 10/18/2019	EUR	224,000		336,548
Italy - 0.54%
Republic of Italy
3.750%, 08/01/2016		130,000		183,805
4.000%, 02/01/2037		979,000		1,190,312
4.250%, 08/01/2014		343,000		499,716
5.000%, 02/01/2012		348,000		506,053
5.250%, 08/01/2017		1,052,000		1,612,315
7.250%, 11/01/2026		325,000		579,046

				4,571,247
Jamaica - 0.07%
Government of Jamaica
9.000%, 06/02/2015	$	215,000		217,150
10.625%, 06/20/2017		350,000		374,500

				591,650
Japan - 2.55%
Government of Japan
0.600%, 09/20/2014	JPY	154,350,000		1,747,756
1.000%, 12/20/2012		188,500,000		2,167,250
1.300%, 12/20/2013 to 03/20/2015		463,250,000		5,400,428
1.400%, 03/20/2018		280,750,000		3,259,117
1.500%, 06/20/2012 to 06/20/2019		160,450,000		1,858,024
1.700%, 09/20/2016		174,500,000		2,083,192
1.900%, 03/20/2025		164,400,000		1,864,320
2.000%, 06/20/2022 to 12/20/2033		154,500,000		1,743,207
2.200%, 06/22/2020		32,050,000		390,373
2.300%, 06/20/2028		88,700,000		1,035,574

				21,549,241
Lebanon - 0.06%
Republic of Lebanon
4.000%, 12/31/2017	$	200,000		191,000
7.000%, 12/03/2024		100,000		101,640
9.000%, 03/20/2017		175,000		208,250

				500,890


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Lithuania - 0.16%
Republic of Lithuania
6.750%, 01/15/2015 (S)	$	1,170,000	$	1,237,044
7.375%, 02/11/2020		150,000		156,188

				1,393,232
Malaysia - 0.06%
Government of Malaysia
3.700%, 05/15/2013	MYR	866,000		256,614
3.702%, 02/25/2013		805,000		238,870

				495,484
Mexico - 0.77%
Government of Mexico
5.625%, 01/15/2017	$	170,000		180,200
5.950%, 03/19/2019		1,174,000		1,256,180
8.000%, 12/19/2013 to 12/07/2023	MXN	48,608,300		3,972,752
9.000%, 12/22/2011		5,000,000		423,644
10.000%, 11/20/2036		6,750,000		624,374

				6,457,150
Netherlands - 0.06%
Kingdom of Netherlands
4.500%, 07/15/2017	EUR	195,000		293,030
5.500%, 01/15/2028		137,000		225,411

				518,441
Pakistan - 0.01%
Islamic Republic of Pakistan
7.125%, 03/31/2016	$	100,000		87,765
Panama - 0.01%
Republic of Panama
5.200%, 01/30/2020		100,000		101,000
Peru - 0.10%
Republic of Peru
6.550%, 03/14/2037		580,000		609,000
8.750%, 11/21/2033		150,000		195,750

				804,750
Philippines - 0.07%
Republic of Philippines
6.375%, 01/15/2032		600,000		577,500
Poland - 0.04%
Republic of Poland
5.500%, 10/25/2019	PLN	138,000		45,747
6.250%, 10/24/2015		765,000		273,362

				319,109
Portugal - 0.03%
Republic of Portgual
4.800%, 06/15/2020	EUR	41,000		57,065
Republic of Portugal
5.150%, 06/15/2011		118,000		167,785

				224,850
Russia - 0.43%
Government of Russia
7.500%, 03/31/2030	$	3,228,900		3,658,667
Serbia And Montenegro - 0.10%
Republic of Serbia
6.750%, 11/01/2024		880,000		853,600
South Africa - 0.12%
Republic of South Africa
6.500%, 06/02/2014		485,000		534,713

6.875%, 05/27/2019		100,000		110,250


The accompanying notes are an integral part of the financial statements.	217

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
South Africa (continued)
Republic of South Africa (continued)
8.000%, 12/21/2018	ZAR	1,060,000	$	131,010
13.500%, 09/15/2015		1,650,000		263,915

				1,039,888
Spain - 0.16%
Kingdom of Spain
4.400%, 01/31/2015	EUR	578,000		843,189
5.750%, 07/30/2032		330,000		517,088

				1,360,277
Sweden - 0.12%
Kingdom of Sweden
3.750%, 08/12/2017	SEK	3,590,000		530,439
5.125%, 03/01/2017	$	425,000		464,376

				994,815
Turkey - 0.22%
Republic of Turkey
6.750%, 05/30/2040		250,000		244,863
6.875%, 03/17/2036		185,000		184,538
7.000%, 03/11/2019 to 06/05/2020		678,000		736,369
7.500%, 11/07/2019		180,000		201,152
8.000%, 02/14/2034		437,000		495,449

				1,862,371
Ukraine - 0.06%
Republic of Ukraine
6.580%, 11/21/2016		325,000		279,533
7.650%, 06/11/2013		250,000		239,400

				518,933
United Kingdom - 0.47%
Government of United Kingdom
4.250%, 06/07/2032 to 09/07/2039	GBP	1,959,000		2,849,428
4.500%, 03/07/2013		291,000		478,468
8.750%, 08/25/2017		315,000		644,175

				3,972,071
Venezuela - 0.08%
Republic of Venezuela
8.500%, 10/08/2014	$	587,000		493,080
9.250%, 09/15/2027		190,000		142,097

				635,177
Vietnam - 0.05%
Socialist Republic of Vietnam
6.875%, 01/15/2016		400,000		421,002

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $82,707,233)			$	86,798,305


CORPORATE BONDS - 39.04%
Advertising - 0.18%
Affinity Group, Inc.
10.875%, 02/15/2012 (H)		48,587		19,435
Interpublic Group Of Companies, Inc.
10.000%, 07/15/2017		300,000		326,250
Lamar Media Corp.
6.625%, 08/15/2015		250,000		233,750
9.750%, 04/01/2014		200,000		217,000
Visant Holding Corp.
10.250%, 12/01/2013		600,000		616,500
WPP Finance UK
8.000%, 09/15/2014		65,000		74,974

				1,487,909


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Aerospace & Defense - 0.47%
BE Aerospace, Inc.
8.500%, 07/01/2018	$	450,000	$	471,375
Embraer Overseas, Ltd.
6.375%, 01/15/2020		260,000		259,675
GenCorp, Inc.
9.500%, 08/15/2013		300,000		306,375
General Dynamics Corp.
1.800%, 07/15/2011		150,000		152,000
4.500%, 08/15/2010		95,000		96,682
Goodrich Corp.
4.875%, 03/01/2020		60,000		60,863
L-3 Communications Corp., Series B
6.375%, 10/15/2015		200,000		203,250
Lockheed Martin Corp.
4.121%, 03/14/2013		340,000		361,427
Northrop Grumman Corp.
7.125%, 02/15/2011		270,000		285,647
Rolls-Royce Group PLC
4.500%, 03/16/2011	EUR	53,000		74,329
Spirit Aerosystems, Inc.
7.500%, 10/01/2017 (S)	$	125,000		123,750
TransDigm, Inc.
7.750%, 07/15/2014		475,000		473,813
Triumph Group, Inc.
8.000%, 11/15/2017 (S)		125,000		125,938
United Technologies Corp.
5.400%, 05/01/2035		110,000		108,329
5.700%, 04/15/2040		450,000		457,767
6.125%, 02/01/2019		150,000		169,244
6.350%, 03/01/2011		255,000		268,742

				3,999,206
Agriculture - 0.37%
Alliance One International, Inc.
10.000%, 07/15/2016 (S)		75,000		78,000
Altria Group, Inc.
8.500%, 11/10/2013		745,000		875,130
BAT International Finance PLC
8.125%, 11/15/2013 (S)		955,000		1,129,876
Bunge Ltd. Finance Corp.
8.500%, 06/15/2019		260,000		302,913
Bunge, Ltd.
5.900%, 04/01/2017		460,000		474,849
Imperial Tobacco Finance PLC
4.375%, 11/22/2013	EUR	100,000		142,322
6.875%, 06/13/2012	GBP	49,000		81,472

				3,084,562
Airlines - 0.26%
Air Jamaica, Ltd., Series REGS
9.375%, 07/08/2015	$	90,357		88,550
Continental Airlines, Inc.
9.000%, 07/08/2016		186,159		199,191
9.250%, 05/10/2017		100,000		101,000
Delta Air Lines, Inc.
7.570%, 11/18/2010		250,000		254,063
7.750%, 12/17/2019		75,000		76,875
9.500%, 09/15/2014 (S)		400,000		407,000
12.250%, 03/15/2015 (S)		650,000		660,563
Delta Air Lines, Inc.,
Series 2007-1, Class A
6.821%, 08/10/2022		117,978		112,964
Southwest Airlines Company
6.500%, 03/01/2012		160,000		170,845


The accompanying notes are an integral part of the financial statements.	218

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Airlines (continued)
United Air Lines, Inc.
9.875%, 08/01/2013 (S)	$	125,000	$	125,000

				2,196,051
Apparel - 0.08%
Hanesbrands, Inc.
3.830%, 12/15/2014		50,000		46,875
8.000%, 12/15/2016		150,000		153,000
Levi Strauss & Company
8.625%, 04/01/2013	EUR	250,000		342,115
8.875%, 04/01/2016	$	100,000		103,750

				645,740
Auto Manufacturers - 0.28%
BMW Finance NV
8.875%, 09/19/2013	EUR	90,000		147,090
Daimler Finance North America LLC
7.750%, 01/18/2011	$	245,000		259,211
Daimler Finance North America
LLC, Series EMTN
4.375%, 03/21/2013	EUR	100,000		142,502
DaimlerChrysler N.A. Holding Corp.
6.500%, 11/15/2013	$	520,000		579,707
Fiat Finance & Trade, Ltd.
6.625%, 02/15/2013	EUR	55,000		76,108
General Motors Corp.
8.250%, 07/15/2023 (H)	$	900,000		267,750
Motors Liquidation Company
6.750%, 05/01/2028 (H)		900,000		256,500
Oshkosh Corp.
8.250%, 03/01/2017 (S)		275,000		275,000
8.500%, 03/01/2020 (S)		275,000		275,000
Volvo Treasury AB
9.875%, 02/27/2014	EUR	50,000		80,168

				2,359,036
Auto Parts & Equipment - 0.44%
Affinia Group, Inc.
9.000%, 11/30/2014	$	100,000		97,625
10.750%, 08/15/2016 (S)		100,000		108,500
Allison Transmission, Inc., PIK
11.250%, 11/01/2015 (S)		613,000		634,455
American Axle & Manufacturing
Holdings, Inc.
9.250%, 01/15/2017 (S)		25,000		25,875
American Axle & Manufacturing, Inc.
7.875%, 03/01/2017		875,000		761,250
ArvinMeritor, Inc.
10.625%, 03/15/2018		300,000		294,072
Commercial Vehicles Group, Inc., PIK
11.000%, 02/15/2013 (S)		323,898		279,333
Goodyear Tire & Rubber Company
10.500%, 05/15/2016		750,000		808,125
Hella Kg Hueck & Company
7.250%, 10/20/2014	EUR	60,000		83,292
Tenneco, Inc.
8.125%, 11/15/2015	$	275,000		272,250
8.625%, 11/15/2014		125,000		122,813
United Components, Inc.
9.375%, 06/15/2013		250,000		248,125

				3,735,715
Banks - 2.97%
Allied Irish Banks PLC
12.500%, 06/25/2019	EUR	50,000		73,274


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Banks (continued)
American Express Centurion Bank
5.550%, 10/17/2012	$	100,000	$	106,840
ANZ National International, Ltd.
2.375%, 12/21/2012 (S)		265,000		266,397
Australia & New Zealand Banking
Group, Ltd., EMTN
4.375%, 05/24/2012	EUR	95,000		136,008
BAC Capital Trust VI
5.625%, 03/08/2035	$	1,310,000		1,044,297
Banca Monte Dei Paschi Di Siena Spa
4.750%, 04/30/2014	EUR	100,000		143,879
Banco Do Brasil Cayman
8.500%, 12/31/2049	$	100,000		108,140
Banco Nacional de Desenvolvimento
Economico e Social
6.369%, 06/16/2018		290,000		305,225
Banco Votorantim SA
7.375%, 01/21/2020 (S)		125,000		128,281
Bank Nederlandse Gemeenten
4.125%, 06/28/2016	EUR	570,000		825,762
4.625%, 09/13/2012		445,000		649,039
Bank of Montreal
5.200%, 06/21/2017 (P)	CAD	30,000		30,539
Bank of Nova Scotia
2.250%, 01/22/2013	$	160,000		162,327
8.300%, 09/27/2013	CAD	62,000		69,563
Bank of Tokyo-Mitsubishi UFJ, Ltd.
2.600%, 01/22/2013 (S)	$	375,000		378,947
3.850%, 01/22/2015 (S)		260,000		266,716
Bank One Corp.
5.250%, 01/30/2013		200,000		215,697
7.875%, 08/01/2010		310,000		319,313
Banque du Liban
10.000%, 04/25/2015		100,000		119,000
Barclays Bank PLC
2.500%, 01/23/2013		460,000		459,723
4.000%, 10/07/2019	EUR	400,000		547,660
4.875%, 03/31/2013 to 08/13/2019		80,000		111,725
5.200%, 07/10/2014	$	325,000		347,664
5.250%, 05/27/2014	EUR	50,000		73,102
5.750%, 08/17/2021	GBP	50,000		76,583
6.750%, 05/22/2019	$	280,000		309,245
BB&T Capital Trust II
6.750%, 06/07/2036		180,000		174,203
BB&T Corp.
3.375%, 09/25/2013		45,000		46,152
5.700%, 04/30/2014		955,000		1,045,194
BNP Paribas
5.250%, 12/17/2012	EUR	50,000		73,576
Commonwealth Bank of Australia
2.750%, 10/15/2012 (S)	$	210,000		213,907
5.500%, 08/06/2019	EUR	50,000		73,209
Deutsche Bank AG
4.875%, 09/24/2012		50,000		72,968
5.125%, 01/31/2013		35,000		51,147
5.375%, 10/12/2012	$	380,000		413,279
DnB NOR Bank ASA, EMTN
4.750%, 03/28/2011	EUR	75,000		105,701
Eurohypo AG
4.500%, 01/21/2013		342,000		499,351
Fifth Third Bancorp
6.250%, 05/01/2013	$	260,000		279,187
8.250%, 03/01/2038		270,000		278,111
Fortis Bank SA/NV
5.757%, 10/04/2017	EUR	75,000		112,203


The accompanying notes are an integral part of the financial statements.	219

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount	Value


CORPORATE BONDS (continued)
Banks (continued)
GMAC, Inc.
8.000%, 11/01/2031	$	1,425,000	1,314,563
8.300%, 02/12/2015 (S)		1,000,000	1,008,750
HBOS PLC, EMTN
4.375%, 10/30/2019	EUR	59,000	69,606
HSBC Bank USA, Inc.
4.625%, 04/01/2014	$	100,000	105,410
HSBC Capital Funding LP
5.369%, 10/29/2049	EUR	45,000	54,534
HSBC Holdings PLC
3.625%, 06/29/2020		75,000	101,274
6.250%, 03/19/2018		50,000	75,926
9.875%, 04/08/2018	GBP	60,000	105,838
HSBK Europe BV
7.250%, 05/03/2017	$	100,000	92,500
7.750%, 05/13/2013		200,000	197,160
9.250%, 10/16/2013		200,000	205,250
Hypothekenbank in Essen AG
3.875%, 11/21/2013	EUR	421,000	607,058
ICICI Bank, Ltd.
6.375%, 04/30/2022	$	100,000	91,958
Independence Community Bank Corp.
2.071%, 04/01/2014 (P)		15,000	14,809
ING Bank NV
5.500%, 01/04/2012	EUR	71,000	101,314
Intesa Sanpaolo SpA
4.375%, 06/26/2018		50,000	69,945
Intesabci Capital Trust
6.988%, 07/29/2049		55,000	73,393
Kreditanstalt Fuer Wiederaufbau
4.375%, 07/04/2018		90,000	132,337
4.700%, 06/02/2037	CAD	245,000	219,817
5.500%, 07/25/2016	AUD	210,000	181,807
Lloyds TSB Bank PLC
4.375%, 01/12/2015 (S)	$	755,000	742,388
6.375%, 06/17/2016	EUR	60,000	88,214
National Australia Bank, Ltd.
2.350%, 11/16/2012 (S)	$	315,000	319,831
4.500%, 06/23/2016	EUR	100,000	139,109
Nordea Bank AB
2.500%, 11/13/2012 (S)	$	165,000	166,432
Northern Trust Corp.
5.300%, 08/29/2011		144,000	152,978
5.500%, 08/15/2013		215,000	236,648
PNC Funding Corp.
3.625%, 02/08/2015		220,000	221,236
Rabobank Nederland
3.125%, 07/19/2010	EUR	75,000	102,644
Royal Bank of Canada
4.625%, 01/22/2018		390,000	564,288
5.000%, 01/20/2014	CAD	59,000	60,991
5.750%, 07/25/2011	EUR	50,000	72,013
Royal Bank of Scotland Group PLC
7.648%, 08/29/2049 (P)	$	290,000	234,175
Royal Bank of Scotland PLC
5.250%, 05/15/2013	EUR	60,000	84,610
6.000%, 05/10/2013		40,000	56,070
RSHB Capital SA for OJSC Russian
Agricultural Bank
6.299%, 05/15/2017	$	500,000	498,750
Santander Issuances SA
4.750%, 05/29/2019	EUR	100,000	138,292
Santander US Debt SA
0.649%, 10/21/2011 (P)(S)	$	340,000	340,456
3.724%, 01/20/2015 (S)		600,000	596,831


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Banks (continued)
Skandinaviska Enskilda Banken AB
6.625%, 07/09/2014	GBP	50,000	$	83,226
Societe Generale
5.250%, 03/28/2013	EUR	100,000		147,896
6.125%, 08/20/2018		50,000		77,023
Standard Chartered Bank
3.625%, 02/03/2017		100,000		136,498
5.875%, 09/26/2017		50,000		72,568
State Street Corp.
4.300%, 05/30/2014	$	75,000		78,884
SunTrust Banks, Inc.
7.750%, 05/01/2010		175,000		176,621
Svenska Handelsbanken AB
5.500%, 05/26/2016	GBP	50,000		80,052
Toronto-Dominion Bank
4.875%, 01/23/2013	EUR	100,000		146,476
5.690%, 06/03/2018 (P)	CAD	75,000		78,084
UBS AG/London
6.000%, 04/18/2018	EUR	50,000		75,433
UniCredito Italiano SpA
5.750%, 09/26/2017		95,000		138,196
6.100%, 02/28/2012		24,000		34,668
US Bancorp
4.200%, 05/15/2014	$	175,000		184,674
4.500%, 07/29/2010		190,000		193,521
US Bank NA, BKNT
6.375%, 08/01/2011		650,000		697,080
USB Capital XIII Trust
6.625%, 12/15/2039		75,000		74,556
VTB Capital SA
6.875%, 05/29/2018		250,000		256,875
Wachovia Corp.
5.750%, 02/01/2018		645,000		680,394
Wells Fargo & Company
4.875%, 01/12/2011		225,000		233,944
5.250%, 10/23/2012		235,000		253,357
Wells Fargo Bank NA
4.750%, 02/09/2015		270,000		280,370
Westpac Banking Corp.
0.549%, 10/21/2011 (P)(S)		245,000		244,811
4.875%, 09/28/2012 to 11/19/2019		290,000		321,053

				25,098,599
Beverages - 0.41%
Anheuser-Busch InBev NV
8.625%, 01/30/2017	EUR	50,000		86,812
Anheuser-Busch InBev Worldwide, Inc.
3.000%, 10/15/2012	$	265,000		272,301
7.200%, 01/15/2014 (S)		340,000		390,218
Bacardi, Ltd.
7.750%, 04/09/2014	EUR	50,000		79,230
Coca-Cola Amatil, Ltd.
3.250%, 11/02/2014 (S)	$	325,000		326,531
Coca-Cola Company
5.000%, 11/15/2012		390,000		418,541
Coca-Cola Femsa SAB De CV
4.625%, 02/15/2020 (S)		245,000		245,227
Constellation Brands, Inc.
8.375%, 12/15/2014		25,000		26,625
Cott Beverages, Inc.
8.375%, 11/15/2017 (S)		125,000		127,188
Dr Pepper Snapple Group, Inc.
1.700%, 12/21/2011		215,000		216,207
2.350%, 12/21/2012		155,000		156,175


The accompanying notes are an integral part of the financial statements.	220

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount	Value



CORPORATE BONDS (continued)
Beverages (continued)
Heineken NV
7.125%, 04/07/2014	EUR	50,000	77,900
7.250%, 03/10/2015	GBP	25,000	42,374
PepsiCo, Inc.
4.650%, 02/15/2013	$	135,000	145,948
5.500%, 01/15/2040		375,000	380,568
Pernod-Ricard SA
7.000%, 01/15/2015	EUR	50,000	74,992
SABMiller PLC
6.200%, 07/01/2011 (S)	$	355,000	376,679

			3,443,516
Biotechnology - 0.14%
Genentech, Inc.
4.400%, 07/15/2010		125,000	126,870
Life Technologies Corp.
3.375%, 03/01/2013		155,000	156,015
4.400%, 03/01/2015		335,000	339,142
Talecris Biotherapeutics Holdings Corp.
7.750%, 11/15/2016 (S)		525,000	527,625

			1,149,652
Building Materials - 0.47%
AMH Holdings, Inc.
11.250%, 03/01/2014		200,000	198,000
Associated Materials LLC/Associated
Materials Finance, Inc.
9.875%, 11/15/2016		75,000	79,500
Boise Cascade LLC
7.125%, 10/15/2014		565,000	507,088
Cie De Saint-Gobain
8.250%, 07/28/2014	EUR	60,000	96,753
CRH America, Inc.
5.300%, 10/15/2013	$	140,000	149,212
CRH Finance BV
7.375%, 05/28/2014	EUR	50,000	77,989
Gibraltar Industries, Inc.
8.000%, 12/01/2015	$	1,075,000	1,042,750
Goodman Global, Inc.
13.500%, 02/15/2016		300,000	330,000
Heidelbergcement AG
8.000%, 01/31/2017	EUR	60,000	83,423
Holcim US Finance
6.000%, 12/30/2019 (S)	$	430,000	446,344
Lafarge SA
6.150%, 07/15/2011		140,000	146,788
7.625%, 05/27/2014	EUR	60,000	93,978
Ply Gem Industries, Inc.
11.750%, 06/15/2013	$	325,000	329,875
Texas Industries, Inc.
7.250%, 07/15/2013		300,000	291,751
Voto-Votorantim Overseas Trading
Operations NV
6.625%, 09/25/2019		100,000	99,715

			3,973,166
Chemicals - 0.75%
Air Products & Chemicals, Inc.
4.375%, 08/21/2019		80,000	79,600
Airgas, Inc.
4.500%, 09/15/2014		185,000	193,164
Ashland, Inc.
9.125%, 06/01/2017 (S)		275,000	301,125
Bayer AG
5.625%, 05/23/2018	GBP	50,000	79,004


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Chemicals (continued)
Cognis GmbH
9.500%, 05/15/2014	EUR	150,000	$	208,332
Hexion Finance Escrow LLC
8.875%, 02/01/2018 (S)	$	550,000		514,250
Hexion U.S. Finance Corp.
9.750%, 11/15/2014		275,000		259,875
Huntsman International LLC
0.00%, 11/15/2013	EUR	625,000		793,587
Kerling PLC
10.625%, 01/28/2017		350,000		483,726
Linde Finance BV
6.500%, 01/29/2016	GBP	65,000		108,551
Lubrizol Corp.
8.875%, 02/01/2019	$	215,000		270,939
Momentive Performance Materials, Inc.
9.750%, 12/01/2014		275,000		259,188
11.500%, 12/01/2016		400,000		325,500
Polyone Corp.
8.875%, 05/01/2012		350,000		362,250
Potash Corp. of Saskatchewan, Inc.
3.750%, 09/30/2015		225,000		228,815
4.875%, 03/30/2020		190,000		190,473
Praxair, Inc.
2.125%, 06/14/2013		340,000		342,125
Rhodia SA
3.434%, 10/15/2013	EUR	100,000		126,633
Solutia, Inc.
8.750%, 11/01/2017	$	325,000		339,625
The Dow Chemical Company
4.850%, 08/15/2012		305,000		324,658
8.550%, 05/15/2019		415,000		501,699

				6,293,119
Coal - 0.08%
Arch Western Finance LLC
6.750%, 07/01/2013		75,000		75,188
International Coal Group, Inc.
10.250%, 07/15/2014		175,000		178,500
Peabody Energy Corp.
7.375%, 11/01/2016		375,000		396,563

				650,251
Commercial Services - 1.12%
Aramark Corp.
3.748%, 02/01/2015 (P)		225,000		201,375
5.000%, 06/01/2012		100,000		95,750
Atlantia SpA
5.625%, 05/06/2016	EUR	50,000		75,034
Autoroutes du Sud de la France
7.375%, 03/20/2019		100,000		167,833
Avis Budget Car Rental LLC
7.625%, 05/15/2014	$	675,000		629,438
Deluxe Corp.
7.375%, 06/01/2015		600,000		582,000
Education Management Corp.
8.750%, 06/01/2014		300,000		306,750
10.250%, 06/01/2016		48,000		50,760
ERAC USA Finance Company
5.600%, 05/01/2015 (S)		240,000		256,351
Europcar Groupe SA
4.162%, 05/15/2013	EUR	250,000		304,669
8.125%, 05/15/2014		200,000		253,267
FTI Consulting, Inc.
7.625%, 06/15/2013	$	125,000		125,000
7.750%, 10/01/2016		550,000		551,375


The accompanying notes are an integral part of the financial statements.	221

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value



CORPORATE BONDS (continued)
Commercial Services (continued)
Hertz Corp.
8.875%, 01/01/2014	$	175,000	$	177,625
10.500%, 01/01/2016		475,000		491,625
iPayment, Inc.
9.750%, 05/15/2014		425,000		370,813
KAR Holdings, Inc.
8.750%, 05/01/2014		250,000		252,500
10.000%, 05/01/2015		1,225,000		1,277,063
Mac-Gray Corp.
7.625%, 08/15/2015		525,000		514,500
Manpower, Inc.
0.00%, 06/14/2013	EUR	50,000		68,326
Rentokil Initial PLC, EMTN
4.625%, 03/27/2014		50,000		70,307
RSC Equipment Rental, Inc.
10.000%, 07/15/2017 (S)	$	325,000		347,750
Securitas AB
6.500%, 04/02/2013	EUR	50,000		75,477
Sunstate Equipment Company LLC
10.500%, 04/01/2013 (S)	$	450,000		390,375
The Hertz Corp.
7.875%, 01/01/2014	EUR	78,000		102,491
The Servicemaster Company, PIK
10.750%, 07/15/2015 (S)	$	300,000		307,500
Ticketmaster Entertainment, Inc.
10.750%, 08/01/2016		500,000		550,000
United Rentals North America, Inc.
10.875%, 06/15/2016		850,000		892,500

				9,488,454
Computers - 0.15%
Affiliated Computer Services, Inc.
5.200%, 06/01/2015		130,000		134,225
Brocade Communications Systems, Inc.
6.875%, 01/15/2020 (S)		175,000		178,500
Hewlett-Packard Company
2.950%, 08/15/2012		345,000		358,466
International Business Machines Corp.
6.500%, 10/15/2013		250,000		288,472
SunGard Data Systems, Inc.
9.125%, 08/15/2013		21,000		21,499
10.250%, 08/15/2015		75,000		77,813
10.625%, 05/15/2015		175,000		189,000

				1,247,975
Cosmetics & Personal Care - 0.01%
The Procter & Gamble Company
1.375%, 08/01/2012		125,000		125,616
Distribution/Wholesale - 0.08%
ACE Hardware Corp.
9.125%, 06/01/2016 (S)		475,000		503,500
Minerva Overseas, Ltd.
10.875%, 11/15/2019 (S)		175,000		177,406

				680,906
Diversified Financial Services - 6.69%
AAC Group Holding Corp.
10.250%, 10/01/2012 (S)		125,000		121,875
Affinity Group, Inc.
9.000%, 02/15/2012 (H)		100,000		70,000
American Express Company
7.250%, 05/20/2014		105,000		119,702
American Express Credit
Company, Series C
7.300%, 08/20/2013		300,000		338,732


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
American Express Credit Corp.
5.125%, 08/25/2014	$	680,000	$	724,730
5.875%, 05/02/2013		380,000		411,955
American General Finance Corp.
6.900%, 12/15/2017		625,000		448,282
Ameriprise Financial, Inc.
7.300%, 06/28/2019		365,000		419,747
Bank of America Corp.
4.000%, 03/28/2018	EUR	100,000		123,893
4.625%, 02/18/2014		65,000		91,268
5.250%, 11/09/2016	GBP	100,000		147,154
5.650%, 05/01/2018	$	1,800,000		1,795,482
5.750%, 08/15/2016		210,000		211,934
6.500%, 08/01/2016		550,000		591,229
7.375%, 05/15/2014		120,000		134,935
Boeing Capital Corp., Ltd.
7.375%, 09/27/2010		255,000		265,357
BP Capital Markets PLC
1.550%, 08/11/2011		500,000		505,029
BSKYB Finance UK PLC
5.750%, 10/20/2017	GBP	65,000		104,430
Capital One Capital IV, (6.750% to
02/17/2032, then 1 month
LIBOR +217 bps)
6.745%, 02/17/2037 (P)	$	425,000		352,750
Capital One Financial Corp.
7.375%, 05/23/2014		225,000		257,927
Caterpillar Financial Services Corp.
4.250%, 02/08/2013		220,000		232,683
CEDC Finance Corp. International, Inc.
8.875%, 12/01/2016	EUR	60,000		82,108
9.125%, 12/01/2016 (S)	$	275,000		287,375
Cemex Finance LLC
9.500%, 12/14/2016 (S)		405,000		413,100
CenterCredit International BV
8.625%, 01/30/2014		500,000		485,000
CIT Group, Inc.
7.000%, 05/01/2017		2,450,000		2,165,188
Citigroup Capital XXI, (8.300% to
12/21/2037, then 3 month
LIBOR +417 bps)
maturing at 12/21/2057		675,000		626,063
Citigroup, Inc.
3.500%, 08/05/2015	EUR	110,000		142,345
4.750%, 02/10/2019		40,000		49,157
5.125%, 02/14/2011	$	250,000		257,694
5.500%, 04/11/2013 to 10/15/2014		1,275,000		1,323,230
5.850%, 07/02/2013		445,000		470,102
6.125%, 05/15/2018		290,000		290,976
6.400%, 03/27/2013	EUR	110,000		161,035
6.500%, 08/19/2013	$	590,000		634,630
ConocoPhillips Company
5.300%, 04/15/2012		340,000		367,864
Countrywide Financial Corp.
4.500%, 06/15/2010		135,000		136,516
Credit Agricole SA
5.000%, 06/20/2049	GBP	125,000		160,104
5.971%, 02/01/2018	EUR	50,000		75,151
Credit Suisse AG
5.400%, 01/14/2020	$	570,000		572,484
Credit Suisse First Boston USA, Inc.
4.875%, 08/15/2010		325,000		331,098
Credit Suisse Group
Finance Guernsey, Ltd.
6.375%, 06/07/2013	EUR	116,000		174,663


The accompanying notes are an integral part of the financial statements.	222

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
Credit Suisse New York
5.500%, 05/01/2014	$	345,000	$	376,889
Credit Suisse/London
5.125%, 09/18/2017	EUR	125,000		182,077
6.125%, 08/05/2013		50,000		75,892
Crown Castle Towers LLC
4.523%, 01/15/2015 (S)	$	258,000		265,195
Daimler International Finance BV
7.875%, 01/16/2014	EUR	50,000		79,062
Discover Financial Services
10.250%, 07/15/2019	$	285,000		337,247
Dubai Holding Commercial
Operations MTN, Ltd.
4.750%, 01/30/2014	EUR	100,000		88,507
E*Trade Financial Corp.
7.375%, 09/15/2013	$	850,000		807,500
7.875%, 12/01/2015		450,000		424,125
E*Trade Financial Corp., PIK
12.500%, 11/30/2017		1,316,000		1,523,270
Fibria Overseas Finance, Ltd.
9.250%, 10/30/2019 (S)		140,000		158,382
Finmeccanica Finance SA
8.125%, 12/03/2013	EUR	75,000		119,662
Ford Motor Credit Company LLC
8.125%, 01/15/2020	$	925,000		923,639
8.700%, 10/01/2014		700,000		718,015
12.000%, 05/15/2015		350,000		399,813
Fresenius US Finance II, Inc.
9.000%, 07/15/2015 (S)		100,000		110,500
Gas Natural Capital Markets SA
5.250%, 07/09/2014	EUR	50,000		73,029
GATX Financial Corp.
5.500%, 02/15/2012	$	275,000		288,687
GE Capital Canada Funding Company
4.650%, 02/11/2015	CAD	79,000		78,399
GE Capital European Funding Company
3.500%, 02/14/2013	EUR	110,000		153,700
GE Capital UK Funding, EMTN
5.625%, 12/12/2014	GBP	80,000		130,648
General Electric Capital Corp.
2.800%, 01/08/2013	$	275,000		277,380
3.500%, 08/13/2012		395,000		406,991
4.625%, 09/15/2066	EUR	135,000		143,382
5.250%, 10/19/2012	$	250,000		267,061
5.875%, 01/14/2038		650,000		603,455
5.900%, 05/13/2014		1,220,000		1,338,726
General Electric Capital Corp.,	MTN
6.000%, 08/07/2019		210,000		219,714
Grupo Petrotemex SA de CV
9.500%, 08/19/2014 (S)		325,000		340,438
GTB Finance BV
8.500%, 01/29/2012		475,000		477,453
HBOS PLC
6.000%, 11/01/2033 (S)		420,000		324,806
HSBC Holdings PLC
6.500%, 05/02/2036		175,000		180,311
Icahn Enterprises LP
7.750%, 01/15/2016 (S)		625,000		587,500
Intergas Finance BV
6.375%, 05/14/2017		200,000		198,500
International Lease Finance Corp.
5.300%, 05/01/2012		125,000		114,408
5.750%, 06/15/2011		250,000		239,950
6.625%, 11/15/2013		665,000		585,951


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
International Lease Finance
Corp. Series MTN
5.650%, 06/01/2014	$	350,000	$	297,135
iPayment Investors LP, PIK
11.625%, 07/15/2014 (S)		501,584		401,267
Janus Capital Group, Inc.
6.950%, 06/15/2017		425,000		419,243
Jefferies Group, Inc.
6.250%, 01/15/2036		260,000		216,688
8.500%, 07/15/2019		80,000		88,983
John Deere Capital Corp.
4.950%, 12/17/2012		475,000		517,338
JPMorgan Chase & Company
0.901%, 02/26/2013 (P)		415,000		415,121
4.250%, 06/09/2011	EUR	39,000		54,692
4.375%, 11/12/2019		150,000		207,734
4.650%, 06/01/2014	$	1,475,000		1,562,037
4.750%, 05/01/2013		285,000		306,043
JPMorgan Chase Capital XXVII
7.000%, 11/01/2039		900,000		914,618
JPMorgan Chase Capital XVIII
6.950%, 08/17/2036		115,000		112,275
JPMorgan Chase Capital XXII
6.450%, 02/02/2037		245,000		223,807
JSG Funding PLC
7.750%, 04/01/2015		250,000		242,500
Kazakhstan Temir Zholy Finance BV
6.500%, 05/11/2011		100,000		99,500
7.000%, 05/11/2016		150,000		146,880
Kreditanstalt fuer Wiederaufbau
5.500%, 12/07/2015	GBP	265,000		452,992
MassMutual Global Funding II
3.625%, 07/16/2012 (S)	$	254,000		264,443
Mellon Funding Corp.
6.375%, 11/08/2011	GBP	145,000		235,586
Merrill Lynch & Company, Inc.
4.450%, 10/02/2013 to 01/31/2014	EUR	120,000		166,579
5.450%, 02/05/2013	$	515,000		545,915
6.150%, 04/25/2013		195,000		210,809
7.750%, 05/14/2038		410,000		437,809
Morgan Stanley
4.200%, 11/20/2014		200,000		200,587
4.500%, 10/29/2014	EUR	250,000		346,714
4.900%, 02/23/2017	CAD	30,000		28,688
5.125%, 11/30/2015	GBP	100,000		155,172
5.625%, 01/09/2012	$	205,000		218,125
6.000%, 05/13/2014 to 04/28/2015		1,650,000		1,765,104
7.300%, 05/13/2019		495,000		547,328
Morgan Stanley, Series F
6.625%, 04/01/2018		550,000		585,191
MU Finance PLC
8.375%, 02/01/2017 (S)		650,000		609,375
8.750%, 02/01/2017	GBP	50,000		70,530
National Gas Company
6.050%, 01/15/2036 (S)	$	105,000		97,749
National Rural Utilities Cooperative
Finance Corp.
2.625%, 09/16/2012		185,000		189,619
Nissan Motor Acceptance Corp.
3.250%, 01/30/2013 (S)		130,000		130,460
4.625%, 03/08/2010 (S)		120,000		120,030
Nuveen Investments, Inc.
5.500%, 09/15/2015		1,025,000		738,000
10.500%, 11/15/2015		525,000		475,125


The accompanying notes are an integral part of the financial statements.	223

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
Paccar Financial Corp.
1.950%, 12/17/2012	$	135,000	$	135,392
Pinnacle Foods Finance LLC
9.250%, 04/01/2015 (S)		200,000		203,000
10.625%, 04/01/2017		150,000		155,250
PNC Funding Corp.
5.625%, 02/01/2017		195,000		202,107
6.700%, 06/10/2019		430,000		483,900
Principal Life Global Funding I
5.250%, 01/15/2013 (S)		190,000		203,791
Reliance Intermediate Holdings LP
9.500%, 12/15/2019 (S)		425,000		444,656
Residential Capital LLC
9.625%, 05/15/2015		325,000		314,438
SLM Corp.
5.125%, 08/27/2012		220,000		214,822
5.375%, 05/15/2014		475,000		440,385
SLM Corp., MTN
8.450%, 06/15/2018		1,290,000		1,261,850
TAM Capital, Inc.
7.375%, 04/25/2017		200,000		185,000
Teco Finance, Inc.
6.572%, 11/01/2017		37,000		39,347
7.000%, 05/01/2012		53,000		57,557
The Goldman Sachs Group, Inc.
0.00%, 02/04/2013 to 10/16/2014	EUR	175,000		248,013
3.625%, 08/01/2012	$	65,000		67,436
4.500%, 01/30/2017	EUR	100,000		136,846
6.000%, 05/01/2014	$	75,000		82,313
6.150%, 04/01/2018		415,000		438,369
6.345%, 02/15/2034		324,000		289,878
6.600%, 01/15/2012		1,175,000		1,275,197
6.750%, 10/01/2037		190,000		184,217
6.875%, 01/15/2011		400,000		420,333
7.500%, 02/15/2019		835,000		955,653
TNK-BP Finance SA
6.625%, 03/20/2017		150,000		148,875
TransCapitalInvest, Ltd.
8.700%, 08/07/2018		375,000		435,938
Travelers Insurance Company
Institutional Funding, Ltd.
5.750%, 12/06/2011	GBP	54,000		86,662
UBS AG
1.351%, 02/23/2012 (P)	$	250,000		250,037
4.500%, 09/16/2019	EUR	100,000		136,497
UCI Holdco, Inc., PIK
9.250%, 12/15/2013	$	601,620		553,490
Universal City Development Partners, Ltd.
8.875%, 11/15/2015 (S)		350,000		352,625
10.875%, 11/15/2016 (S)		150,000		155,250
UPC Germany GmbH
8.125%, 12/01/2017 (S)		325,000		325,000
9.625%, 12/01/2019	EUR	57,000		78,390
Wells Fargo Financial Canada
Corp., MTN
4.330%, 12/06/2013	CAD	30,000		29,953
White Nights Finance BV for Gazprom
10.500%, 03/25/2014	$	200,000		234,410
Wind Acquisition Holdings Finance SpA
12.250%, 07/15/2017		125,000		115,625

				56,455,534
Electric - 1.91%
AES Corp.
7.750%, 03/01/2014		50,000		50,063


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
AES Corp. (continued)
9.750%, 04/15/2016 (S)	$	500,000	$	533,750
Alabama Power Company
4.850%, 12/15/2012		100,000		108,196
Allegheny Energy Supply Company LLC
6.750%, 10/15/2039 (S)		400,000		393,420
Appalachian Power Company
5.650%, 08/15/2012		170,000		184,268
6.375%, 04/01/2036		170,000		178,803
7.950%, 01/15/2020		100,000		122,808
Baltimore Gas & Electric Company
5.900%, 10/01/2016		285,000		304,263
Black Hills Corp.
6.500%, 05/15/2013		235,000		251,947
9.000%, 05/15/2014		115,000		133,431
Carolina Power & Light Company
5.300%, 01/15/2019		140,000		148,180
CEZ AS, EMTN
5.750%, 05/26/2015	EUR	50,000		75,182
CMS Energy Corp.
6.250%, 02/01/2020	$	105,000		102,774
Consolidated Edison Company of New
York, Inc.
6.750%, 04/01/2038		170,000		194,057
Consumers Energy Company
5.800%, 09/15/2035		100,000		98,427
6.000%, 02/15/2014		160,000		177,796
6.700%, 09/15/2019		235,000		268,002
Dominion Resources, Inc.
4.750%, 12/15/2010		100,000		103,018
Duke Energy Ohio, Inc.
2.100%, 06/15/2013		135,000		135,335
E.ON International Finance BV
5.125%, 10/02/2012	EUR	50,000		73,604
5.500%, 01/19/2016		40,000		60,858
EDF SA
4.600%, 01/27/2020 (S)	$	300,000		300,153
Edison SpA, EMTN
5.125%, 12/10/2010	EUR	28,000		39,213
EDP Finance BV
3.750%, 06/22/2015		80,000		109,804
4.900%, 10/01/2019 (S)	$	355,000		344,608
El Paso Electric Company
6.000%, 05/15/2035		245,000		226,190
Empresas Publicas de Medellin ESP
7.625%, 07/29/2019 (S)		100,000		108,500
Enel Finance International SA
6.000%, 10/07/2039 (S)		605,000		586,257
Enel SpA
6.250%, 06/20/2019	GBP	50,000		81,155
Energy Future Holdings Corp.
10.875%, 11/01/2017	$	500,000		378,750
Energy Future Holdings Corp., PIK
11.250%, 11/01/2017		567,510		397,257
Entergy Gulf States Louisiana LLC
5.590%, 10/01/2024		210,000		220,610
Entergy Louisiana LLC
5.400%, 11/01/2024		115,000		118,056
5.830%, 11/01/2010		35,000		35,092
Exelon Generation Company LLC
6.250%, 10/01/2039		335,000		342,753
FirstEnergy Solutions Corp.
4.800%, 02/15/2015		185,000		192,908
Hydro One, Inc.
5.180%, 10/18/2017	CAD	45,000		46,980


The accompanying notes are an integral part of the financial statements.	224

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
Israel Electric Corp., Ltd.
9.375%, 01/28/2020	$	250,000	$	308,208
Majapahit Holding BV
8.000%, 08/07/2019 (S)		100,000		106,000
Massachusetts Electric Company
5.900%, 11/15/2039 (S)		290,000		294,883
Monongahela Power Company
5.700%, 03/15/2017 (S)		265,000		264,341
National Grid PLC
5.000%, 07/02/2018	EUR	62,000		90,480
6.500%, 04/22/2014		50,000		76,915
National Power Corp.
4.501%, 08/23/2011 (P)(S)	$	200,000		206,500
6.875%, 11/02/2016		100,000		106,718
9.625%, 05/15/2028		135,000		161,325
Nevada Power Company
5.875%, 01/15/2015		45,000		49,230
6.650%, 04/01/2036		410,000		436,993
6.750%, 07/01/2037		245,000		264,650
NiSource Finance Corp.
6.150%, 03/01/2013		145,000		158,291
10.750%, 03/15/2016		85,000		108,951
North American Energy Alliance LLC
10.875%, 06/01/2016 (S)		175,000		185,500
Northeast Utilities Corp.
5.650%, 06/01/2013		370,000		397,457
Northern States Power Company
5.350%, 11/01/2039		100,000		97,383
NRG Energy, Inc.
7.375%, 02/01/2016 to 01/15/2017		280,000		275,526
Ohio Power Company
5.750%, 09/01/2013		195,000		213,200
Orion Power Holdings, Inc.
12.000%, 05/01/2010		200,000		201,250
Pacific Gas & Electric Company
4.800%, 03/01/2014		170,000		184,823
6.350%, 02/15/2038		110,000		119,444
Pennsylvania Electric Company
6.150%, 10/01/2038		240,000		240,629
PNM Resources, Inc.
9.250%, 05/15/2015		550,000		585,750
Public Service Company Of Oklahoma
5.150%, 12/01/2019		205,000		209,029
Public Service Electric & Gas Company
5.700%, 12/01/2036		285,000		287,713
RRI Energy, Inc.
7.625%, 06/15/2014		350,000		334,250
7.875%, 06/15/2017		250,000		233,750
RWE Finance BV
6.375%, 06/03/2013	GBP	30,000		50,663
San Diego Gas & Electric Company
6.000%, 06/01/2039	$	175,000		186,838
Scottish Power UK PLC
8.375%, 02/20/2017	GBP	39,000		72,164
Southern California Edison Company
5.750%, 03/15/2014	$	110,000		123,441
Southern Company
4.150%, 05/15/2014		145,000		153,037
5.300%, 01/15/2012		95,000		101,772
Tampa Electric Company
6.150%, 05/15/2037		230,000		236,767
Taqa Abu Dhabi National
Energy Company
5.620%, 10/25/2012 (S)		720,000		744,457


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
Texas Competitive Electric Holdings
Company LLC, PIK
10.500%, 11/01/2016	$	37,590	$	26,689
United Maritime Group LLC
11.750%, 06/15/2015 (S)		250,000		250,000
Virginia Electric and Power Company
4.500%, 12/15/2010		35,000		36,044
5.100%, 11/30/2012		210,000		228,947
West Penn Power Company
5.950%, 12/15/2017 (S)		220,000		228,392
Westar Energy, Inc.
5.100%, 07/15/2020		185,000		185,092
Xcel Energy, Inc.
7.000%, 12/01/2010		30,000		31,360

				16,081,320
Electrical Components & Equipment - 0.07%
Anixter, Inc.
10.000%, 03/15/2014		300,000		331,500
Coleman Cable, Inc.
9.000%, 02/15/2018 (S)		275,000		272,250

				603,750
Electronics - 0.01%
Flextronics International, Ltd.
6.250%, 11/15/2014		68,000		67,830
Energy-Alternate Sources - 0.01%
Power Sector Assets & Liabilities
Management Corp.
7.390%, 12/02/2024		100,000		102,198
Engineering & Construction - 0.17%
Dycom Industries, Inc.
8.125%, 10/15/2015		275,000		255,750
Esco Corp.
4.128%, 12/15/2013 (P)(S)		175,000		154,875
Greater Toronto Airports Authority
6.470%, 02/02/2034 (S)	CAD	25,000		26,786
Obrascon Huarte Lain SA
6.250%, 05/18/2012	EUR	600,000		796,647
Odebrecht Finance, Ltd.
7.000%, 04/21/2020 (S)	$	200,000		202,000

				1,436,058
Entertainment - 0.37%
AMC Entertainment, Inc.
8.750%, 06/01/2019		425,000		438,813
Cinemark USA, Inc.
8.625%, 06/15/2019		525,000		546,000
Lions Gate Entertainment, Inc.
10.250%, 11/01/2016 (S)		350,000		350,875
Lottomatica Spa
5.375%, 12/05/2016	EUR	50,000		70,155
Penn National Gaming, Inc.
8.750%, 08/15/2019 (S)	$	150,000		148,500
Pinnacle Entertainment, Inc.
7.500%, 06/15/2015		325,000		268,938
8.625%, 08/01/2017 (S)		275,000		261,250
Regal Cinemas Corp.
8.625%, 07/15/2019		300,000		313,125
Shingle Springs Tribal Gaming Authority
9.375%, 06/15/2015 (S)		475,000		377,625
Speedway Motorsports, Inc.
6.750%, 06/01/2013		35,000		34,388
8.750%, 06/01/2016		275,000		290,125

				3,099,794


The accompanying notes are an integral part of the financial statements.	225

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value



CORPORATE BONDS (continued)
Environmental Control - 0.11%
Casella Waste Systems, Inc.
9.750%, 02/01/2013	$	250,000	$	250,313
Waste Management, Inc.
6.100%, 03/15/2018		235,000		256,142
7.375%, 05/15/2029		15,000		17,126
WCA Waste Corp.
9.250%, 06/15/2014		400,000		403,000

				926,581
Food - 0.74%
Ahold Finance USA, Inc.
5.875%, 03/14/2012	EUR	50,000		73,081
6.500%, 03/14/2017	GBP	25,000		41,146
BFF International, Ltd.
7.250%, 01/28/2020 (S)	$	100,000		100,500
Campofrio Food SA
8.250%, 10/31/2016	EUR	62,000		82,734
Casino Guichard Perrachon SA
4.875%, 04/10/2014		50,000		72,017
6.375%, 04/04/2013		50,000		75,105
Delhaize Group
5.625%, 06/27/2014		50,000		73,095
6.500%, 06/15/2017	$	250,000		278,790
Dole Food Company, Inc.
13.875%, 03/15/2014 (S)		130,000		155,025
General Mills, Inc.
5.250%, 08/15/2013		270,000		295,019
5.650%, 02/15/2019		35,000		37,697
11.973%, 10/15/2010		275,000		298,347
Great Atlantic & Pacific Tea Company
11.375%, 08/01/2015 (S)		425,000		408,000
Ingles Markets, Inc.
8.875%, 05/15/2017		375,000		386,250
JBS SA
9.375%, 02/07/2011		100,000		103,875
JBS USA LLC
11.625%, 05/01/2014 (S)		375,000		423,750
Kellogg Company
4.250%, 03/06/2013		675,000		718,490
Kraft Foods, Inc.
2.625%, 05/08/2013		185,000		186,950
6.500%, 02/09/2040		460,000		481,880
Kroger Company
6.800%, 04/01/2011		220,000		232,970
7.500%, 01/15/2014		117,000		136,199
Safeway, Inc.
5.000%, 08/15/2019		195,000		197,634
5.800%, 08/15/2012		150,000		163,009
6.250%, 03/15/2014		40,000		44,676
Sysco Corp.
5.250%, 02/12/2018		110,000		118,739
Tesco PLC
5.500%, 12/13/2019	GBP	60,000		95,357
5.875%, 09/12/2016	EUR	50,000		77,384
The Kroger Company
3.900%, 10/01/2015	$	390,000		397,527
US Foodservice Corp.
10.250%, 06/30/2015 (S)		450,000		459,000

				6,214,246
Food Service - 0.01%
Compass Group PLC
7.000%, 12/08/2014	GBP	25,000		43,154


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount	Value


CORPORATE BONDS (continued)
Forest Products & Paper - 0.41%
Boise Paper Holdings LLC
9.000%, 11/01/2017 (S)	$	200,000	206,000
Cascades, Inc.
7.750%, 12/15/2017 (S)		225,000	227,250
7.875%, 01/15/2020 (S)		150,000	151,500
Cellu Tissue Holdings, Inc.
11.500%, 06/01/2014		300,000	332,250
Celulosa Arauco y Constitucion SA
5.125%, 07/09/2013		80,000	84,316
8.625%, 08/15/2010		220,000	226,725
Clearwater Paper Corp.
10.625%, 06/15/2016 (S)		200,000	222,000
Domtar Corp.
9.500%, 08/01/2016		50,000	54,250
Georgia-Pacific Corp.
7.000%, 01/15/2015 (S)		100,000	101,375
7.125%, 01/15/2017 (S)		400,000	404,000
Georgia-Pacific LLC
8.250%, 05/01/2016 (S)		75,000	79,125
NewPage Corp.
11.375%, 12/31/2014		600,000	573,000
Sappi Papier Holding AG
6.750%, 06/15/2012 (S)		300,000	286,500
Smurfit Kappa Acquisitions Company
7.250%, 11/15/2017	EUR	125,000	166,802
7.750%, 11/15/2019		254,000	344,130

			3,459,223
Gas - 0.15%
AGL Capital Corp.
5.250%, 08/15/2019	$	300,000	308,045
Atmos Energy Corp.
5.950%, 10/15/2034		40,000	39,088
8.500%, 03/15/2019		55,000	68,206
Bord Gais Eireann
5.750%, 06/16/2014	EUR	50,000	73,249
CenterPoint Energy, Inc.
7.250%, 09/01/2010	$	205,000	210,573
Centrica PLC
7.125%, 12/09/2013	EUR	50,000	78,574
Piedmont Natural Gas Company
6.000%, 12/19/2033	$	15,000	15,132
Sempra Energy
6.000%, 10/15/2039		280,000	278,824
7.950%, 03/01/2010		175,000	175,000

			1,246,691
Government - 0.03%
Mubadala Development Company, GMTN
5.750%, 05/06/2014 (S)		250,000	264,260
Healthcare Products - 0.31%
Accellent, Inc.
8.375%, 02/01/2017 (S)		250,000	251,250
10.500%, 12/01/2013		200,000	199,500
Bausch & Lomb, Inc.
9.875%, 11/01/2015		200,000	205,000
Baxter International, Inc.
4.000%, 03/01/2014		100,000	105,163
Biomet, Inc.
11.625%, 10/15/2017		625,000	690,625
Boston Scientific Corp.
4.250%, 01/12/2011		245,000	250,369
4.500%, 01/15/2015		410,000	408,360
6.000%, 06/15/2011		100,000	104,654


The accompanying notes are an integral part of the financial statements.	226

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value



CORPORATE BONDS (continued)
Healthcare Products (continued)
Medtronic, Inc.
4.375%, 09/15/2010	$	145,000	$	148,152
Universal Hospital Services, Inc.
3.859%, 06/01/2015 (P)		200,000		169,000
Universal Hospital Services, Inc., PIK
8.500%, 06/01/2015		100,000		97,000

				2,629,073
Healthcare Services - 0.67%
Centene Corp.
7.250%, 04/01/2014		450,000		439,875
Community Health Systems, Inc.
8.875%, 07/15/2015		150,000		155,250
Express Scripts, Inc.
6.250%, 06/15/2014		575,000		643,667
HCA, Inc.
8.500%, 04/15/2019 (S)		100,000		107,250
9.250%, 11/15/2016		250,000		265,313
HCA, Inc., PIK
9.625%, 11/15/2016		956,000		1,022,920
Healthsouth Corp.
10.750%, 06/15/2016		425,000		459,000
Highmark, Inc.
6.800%, 08/15/2013 (S)		225,000		244,194
Symbion, Inc., PIK
11.000%, 08/23/2015		467,235		401,822
Tenet Healthcare Corp.
6.500%, 06/01/2012		225,000		224,051
9.875%, 07/01/2014		200,000		211,000
U.S. Oncology Holdings, Inc., PIK
6.428%, 03/15/2012		392,000		368,480
U.S. Oncology, Inc.
9.125%, 08/15/2017		250,000		259,375
United Surgical Partners International, Inc.
8.875%, 05/01/2017		450,000		460,125
US Oncology, Inc.
10.750%, 08/15/2014		75,000		78,000
WellPoint, Inc.
5.000%, 01/15/2011		255,000		263,522
6.000%, 02/15/2014		85,000		94,308

				5,698,152
Holding Companies - 0.08%
Reynolds Group
7.750%, 10/15/2016 (S)		350,000		354,375
Reynolds Group Issuer, Inc.
8.000%, 12/15/2016	EUR	150,000		196,078
Stena AB
6.125%, 02/01/2017		85,000		106,192

				656,645
Home Builders - 0.20%
Corp GEO SAB de CV
8.875%, 09/25/2014 (S)	$	100,000		103,750
Desarrolladora Homex SAB de CV
7.500%, 09/28/2015		75,000		72,750
9.500%, 12/11/2019 (S)		100,000		101,875
K Hovnanian Enterprises, Inc.
10.625%, 10/15/2016		325,000		339,625
Lennar Corp.
5.600%, 05/31/2015		45,000		41,400
5.950%, 10/17/2011		25,000		25,563
MDC Holdings, Inc.
5.375%, 12/15/2014		60,000		60,713
5.625%, 02/01/2020		260,000		248,649


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Home Builders (continued)
NVR, Inc.
5.000%, 06/15/2010	$	115,000	$	115,710
Pulte Homes, Inc.
5.200%, 02/15/2015		75,000		70,125
Standard Pacific Corp.
10.750%, 09/15/2016		250,000		260,625
Urbi Desarrollos Urbanos SAB DE CV
8.500%, 04/19/2016 (S)		125,000		126,250
Urbi Desarrollos Urbanos SAB De CV
9.500%, 01/21/2020		100,000		102,250

				1,669,285
Home Furnishings - 0.05%
Sealy Mattress Company
8.250%, 06/15/2014		250,000		245,000
10.875%, 04/15/2016		100,000		109,250
Whirlpool Corp.
6.125%, 06/15/2011		80,000		83,641

				437,891
Household Products - 0.15%
ACCO Brands Corp.
10.625%, 03/15/2015 (S)		125,000		135,875
Central Garden and Pet Company
8.250%, 03/01/2018 (C)		225,000		225,844
Controladora Mabe SA CV
7.875%, 10/28/2019 (S)		350,000		352,625
Scotts Miracle-Gro Company
7.250%, 01/15/2018		150,000		151,875
Yankee Acquisition Corp.
8.500%, 02/15/2015		400,000		400,000

				1,266,219
Insurance - 1.08%
ACE INA Holdings, Inc.
5.700%, 02/15/2017		240,000		257,659
5.900%, 06/15/2019		95,000		103,058
Aflac, Inc.
6.900%, 12/17/2039		60,000		59,960
8.500%, 05/15/2019		420,000		496,297
Allstate Corp.
7.450%, 05/16/2019		120,000		140,934
Allstate Life Funding LLC
6.375%, 01/17/2011	GBP	49,000		77,211
American International Group, Inc.
8.250%, 08/15/2018	$	375,000		344,117
American International Group,
Inc., Series WI
8.175%, 05/15/2058		800,000		540,000
Aviva PLC
6.875%, 05/22/2038	EUR	50,000		68,423
Berkshire Hathaway Finance Corp.
4.600%, 05/15/2013	$	300,000		321,394
Cloverie PLC for Zurich
Insurance Company
7.500%, 07/24/2039	EUR	50,000		76,113
Genworth Financial, Inc.
8.625%, 12/15/2016	$	45,000		46,853
HUB International Holdings, Inc.
9.000%, 12/15/2014 (S)		550,000		525,250
10.250%, 06/15/2015 (S)		975,000		904,313
Lincoln National Corp.
8.750%, 07/01/2019		170,000		204,973
MetLife, Inc.
6.750%, 06/01/2016		15,000		16,665


The accompanying notes are an integral part of the financial statements.	227

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Insurance (continued)
Metropolitan Life Global Funding
5.125%, 11/09/2011 (S)	$	135,000	$	141,660
Metropolitan Life Global Funding I
2.500%, 01/11/2013 (S)		355,000		357,535
2.875%, 09/17/2012 (S)		80,000		81,497
4.625%, 05/16/2017	EUR	100,000		136,554
5.125%, 06/10/2014 (S)	$	165,000		177,077
Muenchener Rueckversicherungs AG
5.767%, 06/29/2049	EUR	50,000		62,636
New York Life Global Funding
2.250%, 12/14/2012 (S)	$	420,000		424,579
4.375%, 01/19/2017	EUR	100,000		137,324
NLV Financial Corp.
7.500%, 08/15/2033 (S)	$	285,000		255,420
Ohio National Financial Services, Inc.
6.350%, 04/01/2013 (S)		15,000		15,324
Pacific Life Funding LLC
5.125%, 01/20/2015	GBP	89,000		138,522
Pacific Lifecorp.
6.000%, 02/10/2020 (S)	$	385,000		381,870
Principal Financial Global Funding
II LLC
4.500%, 01/26/2017	EUR	50,000		63,553
Principal Financial Group, Inc.
6.050%, 10/15/2036	$	180,000		168,074
7.875%, 05/15/2014		385,000		437,621
8.875%, 05/15/2019		135,000		164,341
Principal Life Income Funding Trusts
5.200%, 11/15/2010		40,000		41,239
Prudential Financial, Inc.
2.750%, 01/14/2013		95,000		95,590
3.625%, 09/17/2012		325,000		333,647
6.200%, 01/15/2015		175,000		192,569
Prudential Financial, Inc., MTN
4.750%, 09/17/2015		320,000		330,924
Reinsurance Group Of America, Inc.
6.450%, 11/15/2019		150,000		154,491
Sun Life Assurance Company
6.150%, 06/30/2022 (P)	CAD	25,000		25,781
The Travelers Companies, Inc.
5.900%, 06/02/2019	$	175,000		192,067
Transatlantic Holdings, Inc.
5.750%, 12/14/2015		170,000		177,244
USI Holdings Corp.
9.750%, 05/15/2015 (S)		225,000		206,438

				9,076,797
Internet - 0.09%
Equinix, Inc.
8.125%, 03/01/2018		275,000		275,000
Netflix, Inc.
8.500%, 11/15/2017		225,000		235,688
Terremark Worldwide, Inc.
12.000%, 06/15/2017 (S)		250,000		274,375

				785,063
Investment Companies - 0.09%
RAKIA Sukuk Company, Ltd.
1.752%, 12/05/2012		200,000		173,981
Xstrata Finance Canada, Ltd.
5.250%, 06/13/2017	EUR	80,000		112,186
5.500%, 11/16/2011 (S)	$	420,000		443,633

				729,800


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Iron & Steel - 0.62%
Allegheny Technologies, Inc.
9.375%, 06/01/2019	$	165,000	$	193,900
ArcelorMittal
5.375%, 06/01/2013		800,000		850,357
9.375%, 06/03/2016	EUR	50,000		83,844
CSN Islands XI Corp.
6.875%, 09/21/2019	$	100,000		101,500
Edgen Murray Corp.
12.250%, 01/15/2015 (S)		600,000		540,000
Evraz Group SA
8.875%, 04/24/2013		200,000		206,600
Metals USA Holdings Corp., PIK
6.751%, 07/01/2012		55,562		47,506
Metals USA, Inc.
11.125%, 12/01/2015		175,000		176,750
Ryerson Holding Corp.
0.00%, 02/01/2015		1,000,000		450,000
Ryerson, Inc.
12.000%, 11/01/2015 (S)		450,000		462,375
Steel Capital SA
9.750%, 07/29/2013 (S)		775,000		832,808
Steel Dynamics, Inc.
6.750%, 04/01/2015		140,000		135,100
7.375%, 11/01/2012		225,000		228,938
Tube City IMS Corp.
9.750%, 02/01/2015		675,000		646,313
Usiminas Commercial, Ltd.
7.250%, 01/18/2018		230,000		244,950

				5,200,941
Leisure Time - 0.05%
Cirsa Finance Luxembourg SA
8.750%, 05/15/2014	EUR	50,000		66,040
Easton-Bell Sports, Inc.
9.750%, 12/01/2016 (S)	$	100,000		103,750
Royal Caribbean Cruises, Ltd.
7.000%, 06/15/2013		100,000		99,250
Travelport LLC
11.875%, 09/01/2016		125,000		130,313

				399,353
Lodging - 0.56%
Ameristar Casinos, Inc.
9.250%, 06/01/2014		300,000		306,750
Gaylord Entertainment Company
6.750%, 11/15/2014		475,000		446,500
Grupo Posadas SAB de CV
9.250%, 01/15/2015 (S)		100,000		103,000
Harrah’s Operating Company, Inc.
10.000%, 12/15/2015 to 12/15/2018		750,000		576,000
11.250%, 06/01/2017		525,000		544,688
Hyatt Hotels Corp.
5.750%, 08/15/2015 (S)		240,000		248,295
MGM Mirage, Inc.
6.750%, 09/01/2012		200,000		185,000
10.375%, 05/15/2014 (S)		150,000		159,000
11.125%, 11/15/2017 (S)		525,000		567,000
11.375%, 03/01/2018 (S)		575,000		531,875
13.000%, 11/15/2013		100,000		114,000
Wyndham Worldwide Corp.
7.375%, 03/01/2020		65,000		65,384
Wynn Las Vegas LLC
7.875%, 11/01/2017 (S)		925,000		915,750

				4,763,242


The accompanying notes are an integral part of the financial statements.	228

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Machinery-Construction & Mining - 0.02%
Terex Corp.
8.000%, 11/15/2017	$	150,000	$	139,500
10.875%, 06/01/2016		25,000		27,313

				166,813
Machinery-Diversified - 0.17%
Columbus McKinnon Corp.
8.875%, 11/01/2013		575,000		589,375
CPM Holdings, Inc.
10.625%, 09/01/2014 (S)		125,000		132,500
MAN SE
7.250%, 05/20/2016	EUR	25,000		40,019
Manitowoc, Inc.
7.125%, 11/01/2013	$	200,000		194,000
Roper Industries, Inc.
6.250%, 09/01/2019		225,000		241,828
The Manitowoc Company, Inc.
9.500%, 02/15/2018		275,000		274,313

				1,472,035
Media - 2.24%
AOL Time Warner, Inc.
6.875%, 05/01/2012		215,000		237,217
Bertelsmann AG
4.750%, 09/26/2016	EUR	75,000		103,895
British Sky Broadcasting Group PLC
6.100%, 02/15/2018 (S)	$	195,000		211,679
9.500%, 11/15/2018 (S)		405,000		525,809
Cablemas SA de CV
9.375%, 11/15/2015		200,000		217,000
Cengage Learning Acquisitions, Inc.
13.250%, 07/15/2015 (S)		475,000		453,625
Cequel Communications Holdings I LLC
and Cequel Capital Corp.
8.625%, 11/15/2017 (S)		375,000		375,000
Charter Communications, Inc.
10.875%, 09/15/2014 (S)		300,000		334,125
Clear Channel Communications, Inc.
5.000%, 03/15/2012		225,000		193,500
10.750%, 08/01/2016		250,000		191,250
Clear Channel Worldwide Holdings, Inc.
9.250%, 12/15/2017 (S)		350,000		359,625
Comcast Cable Communications
Holdings, Inc.
8.375%, 03/15/2013		149,000		172,989
Comcast Cable Communications, Inc.
6.750%, 01/30/2011		345,000		362,093
Comcast Corp.
6.400%, 03/01/2040		365,000		371,378
6.950%, 08/15/2037		170,000		183,633
COX Communications, Inc.
6.250%, 06/01/2018 (S)		255,000		274,691
7.125%, 10/01/2012		171,000		191,516
7.750%, 11/01/2010		250,000		260,232
8.375%, 03/01/2039 (S)		80,000		100,713
CSC Holdings, Inc.
8.625%, 02/15/2019 (S)		125,000		135,000
CW Media Holdings, Inc., PIK
13.500%, 08/15/2015 (S)		108,431		121,443
DirecTV Holdings LLC
4.750%, 10/01/2014 (S)		290,000		303,167
5.875%, 10/01/2019 (S)		695,000		728,776
Discovery Communications LLC
5.625%, 08/15/2019		370,000		388,943


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Media (continued)
Grupo Televisa SA
6.625%, 01/15/2040 (S)	$	285,000	$	280,095
Historic TW, Inc.
6.875%, 06/15/2018		890,000		1,013,415
ITV PLC
10.000%, 06/30/2014	EUR	50,000		77,105
Kabel Deutschland GmbH
10.625%, 07/01/2014	$	375,000		392,813
10.750%, 07/01/2014	EUR	70,000		100,081
Net Servicos De Comunicacao SA
7.500%, 01/27/2020	$	100,000		102,250
News America, Inc.
6.150%, 03/01/2037		870,000		871,146
7.850%, 03/01/2039		85,000		102,451
Nexstar Broadcasting, Inc., PIK
7.000%, 01/15/2014 (S)		318,405		249,948
Nexstar Finance Holdings LLC
11.375%, 04/01/2013		223,713		185,962
Nexstar Finance, Inc.
7.000%, 01/15/2014 (S)		105,000		82,425
Nielsen Finance LLC
10.000%, 08/01/2014		225,000		233,438
11.500%, 05/01/2016		100,000		111,375
11.625%, 02/01/2014		250,000		278,438
Rogers Cable, Inc.
6.250%, 06/15/2013		280,000		309,892
Sirius XM Radio, Inc.
9.625%, 08/01/2013		250,000		253,125
9.750%, 09/01/2015 (S)		150,000		156,750
TCM Sub LLC
3.550%, 01/15/2015		765,000		769,640
The Mcclatchy Company
11.500%, 02/15/2017 (S)		350,000		341,250
Thomson Reuters Corp.
5.200%, 12/01/2014	CAD	25,000		25,926
5.950%, 07/15/2013	$	345,000		384,361
6.500%, 07/15/2018		340,000		385,861
Time Warner Cable, Inc.
5.400%, 07/02/2012		470,000		504,349
7.500%, 04/01/2014		45,000		52,504
8.250%, 02/14/2014		215,000		255,280
Time Warner, Inc.
7.700%, 05/01/2032		295,000		347,490
Univision Communications, Inc.
12.000%, 07/01/2014 (S)		350,000		378,875
Univision Communications, Inc., PIK
9.750%, 03/15/2015 (S)		1,394,562		1,234,187
Videotron Ltee
6.375%, 12/15/2015		125,000		122,500
6.875%, 01/15/2014		15,000		15,056
9.125%, 04/15/2018 (S)		100,000		108,500
Vivendi SA
5.750%, 04/04/2013 (S)		410,000		443,351
WPP PLC
6.625%, 05/12/2016	EUR	50,000		75,667
XM Satellite Radio, Inc.
7.000%, 12/01/2014 (S)	$	450,000		430,650
11.250%, 06/15/2013 (S)		175,000		186,375
13.000%, 08/01/2013 (S)		1,125,000		1,231,875

				18,891,705
Metal Fabricate/Hardware - 0.08%
Hawk Corp.
8.750%, 11/01/2014		331,000		328,518


The accompanying notes are an integral part of the financial statements.	229

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value



CORPORATE BONDS (continued)
Metal Fabricate/Hardware (continued)
Severstal Columbus LLC
10.250%, 02/15/2018 (S)	$	375,000	$	375,938

				704,456
Mining - 0.91%
Barrick Australian Finance Ltd.
5.950%, 10/15/2039		225,000		220,605
Barrick Gold Financeco LLC
6.125%, 09/15/2013		565,000		633,083
BHP Billiton Finance, Ltd.
4.750%, 04/04/2012	EUR	50,000		72,029
5.400%, 03/29/2017	$	170,000		185,049
Cameco Corp.
5.670%, 09/02/2019	CAD	25,000		25,279
Clarendon Alumina Production, Ltd.
8.500%, 11/16/2021	$	100,000		81,158
Corp Nacional del Cobre de Chile
7.500%, 01/15/2019		360,000		425,475
Freeport-McMoRan Copper & Gold, Inc.
8.375%, 04/01/2017		750,000		813,750
Novelis, Inc.
7.250%, 02/15/2015		325,000		301,438
11.500%, 02/15/2015		525,000		557,813
Placer Dome, Inc.
6.450%, 10/15/2035		315,000		332,123
Rio Tinto Finance USA, Ltd.
5.875%, 07/15/2013		455,000		500,390
8.950%, 05/01/2014		560,000		679,533
Southern Copper Corp.
7.500%, 07/27/2035		200,000		206,455
Teck Resources, Ltd.
9.750%, 05/15/2014		25,000		29,500
10.250%, 05/15/2016		525,000		626,063
10.750%, 05/15/2019		615,000		756,450
Vale Overseas, Ltd.
6.250%, 01/23/2017		300,000		317,615
6.875%, 11/21/2036 to 11/10/2039		483,000		491,410
Vedanta Resources PLC
9.500%, 07/18/2018 (S)		425,000		448,375

				7,703,593
Miscellaneous Manufacturers - 0.41%
3M Company
4.650%, 12/15/2012		405,000		441,839
5.700%, 03/15/2037		200,000		209,045
AGY Holding Corp.
11.000%, 11/15/2014		250,000		200,000
American Railcar Industries, Inc.
7.500%, 03/01/2014		350,000		339,500
Bombardier, Inc.
6.300%, 05/01/2014 (S)		225,000		231,188
7.450%, 05/01/2034 (S)		300,000		274,500
8.000%, 11/15/2014 (S)		575,000		598,000
Colt Defense LLC
8.750%, 11/15/2017 (S)		225,000		221,625
Danaher Corp.
5.400%, 03/01/2019		70,000		75,748
Danaher European Finance Company
4.500%, 07/22/2013	EUR	50,000		70,758
Honeywell International, Inc.
4.250%, 03/01/2013	$	210,000		223,955
Koppers, Inc.
7.875%, 12/01/2019 (S)		150,000		152,625
RBS Global, Inc.
9.500%, 08/01/2014		225,000		227,813


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Miscellaneous Manufacturers (continued)
Reddy Ice Corp.
11.250%, 03/15/2015 (C)(S)	$	175,000	$	175,000

				3,441,596
Office & Business Equipment - 0.12%
Xerox Corp.
5.650%, 05/15/2013		370,000		398,268
6.350%, 05/15/2018		350,000		381,607
8.250%, 05/15/2014		180,000		212,010

				991,885
Oil & Gas - 3.07%
Antero Resources Finance Corp.
9.375%, 12/01/2017 (S)		650,000		663,000
Berry Petroleum Company
10.250%, 06/01/2014		300,000		326,250
BG Energy Capital PLC
5.125%, 12/07/2017	GBP	50,000		79,329
Bill Barrett Corp.
9.875%, 07/15/2016	$	300,000		317,625
Canadian Natural Resources, Ltd.
4.500%, 01/23/2013	CAD	25,000		25,199
5.150%, 02/01/2013	$	180,000		193,776
6.250%, 03/15/2038		380,000		395,446
6.450%, 06/30/2033		75,000		79,787
Chesapeake Energy Corp.
9.500%, 02/15/2015		100,000		108,750
Concho Resources Inc/Midland TX
8.625%, 10/01/2017		675,000		692,719
Connacher Oil and Gas, Ltd.
10.250%, 12/15/2015 (S)		800,000		771,000
ConocoPhillips
6.500%, 02/01/2039		250,000		280,857
Continental Resources, Inc.
8.250%, 10/01/2019		125,000		127,813
Denbury Resources, Inc.
8.250%, 02/15/2020		375,000		388,125
9.750%, 03/01/2016		325,000		350,188
Devon Energy Corp.
5.625%, 01/15/2014		105,000		115,777
Devon Financing Corp.
6.875%, 09/30/2011		335,000		363,563
7.875%, 09/30/2031		375,000		466,832
Diamond Offshore Drilling, Inc.
4.875%, 07/01/2015		240,000		257,352
5.150%, 09/01/2014		330,000		357,890
5.700%, 10/15/2039		75,000		74,464
5.875%, 05/01/2019		80,000		87,300
Ecopetrol SA
7.625%, 07/23/2019		100,000		110,000
EnCana Corp.
5.800%, 01/18/2018 (S)	CAD	30,000		31,471
5.900%, 12/01/2017	$	380,000		415,915
6.500%, 05/15/2019 to 08/15/2034		410,000		447,013
Encore Acquisition Company
9.500%, 05/01/2016		150,000		159,750
EOG Resources, Inc.
5.875%, 09/15/2017		185,000		203,041
6.125%, 10/01/2013		215,000		244,107
Forest Oil Corp.
8.500%, 02/15/2014		100,000		103,250
Gaz Capital for Gazprom
4.560%, 12/09/2012	EUR	150,000		209,603
8.625%, 04/28/2034	$	175,000		196,455


The accompanying notes are an integral part of the financial statements.	230

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value



CORPORATE BONDS (continued)
Oil & Gas (continued)
Gaz Capital SA
7.288%, 08/16/2037	$	490,000	$	469,224
8.125%, 07/31/2014 (S)		100,000		110,100
8.146%, 04/11/2018		300,000		324,030
Hercules Offshore LLC
10.500%, 10/15/2017 (S)		275,000		273,625
Hess Corp.
6.000%, 01/15/2040		130,000		130,154
7.875%, 10/01/2029		368,000		446,344
8.125%, 02/15/2019		55,000		67,233
Hilcorp Energy I LP
7.750%, 11/01/2015 (S)		450,000		437,625
8.000%, 02/15/2020		375,000		360,000
KazMunaiGaz Finance Sub BV
9.125%, 07/02/2018		400,000		456,500
11.750%, 01/23/2015 (S)		250,000		307,500
Marathon Oil Corp.
5.900%, 03/15/2018		100,000		105,667
6.000%, 10/01/2017		220,000		234,627
6.500%, 02/15/2014		85,000		96,149
6.600%, 10/01/2037		80,000		85,079
Mariner Energy, Inc.
11.750%, 06/30/2016		325,000		362,375
Motiva Enterprises LLC
6.850%, 01/15/2040 (S)		130,000		140,479
Nabors Industries, Inc.
9.250%, 01/15/2019		190,000		237,472
NuStar Logistics LP
7.650%, 04/15/2018		180,000		205,427
OPTI Canada, Inc.
8.250%, 12/15/2014		675,000		600,750
Pemex Project Funding Master Trust
1.553%, 06/15/2010 (P)(S)		150,000		150,000
5.750%, 03/01/2018		465,000		470,848
6.250%, 08/05/2013	EUR	120,000		176,960
7.500%, 12/18/2013	GBP	50,000		82,911
Penn Virginia Corp.
10.375%, 06/15/2016	$	175,000		189,000
Petro-Canada
6.800%, 05/15/2038		125,000		137,414
Petrobras International Finance Company
5.750%, 01/20/2020		360,000		363,132
5.875%, 03/01/2018		260,000		267,202
7.875%, 03/15/2019		204,000		234,937
PetroHawk Energy Corp.
7.875%, 06/01/2015		150,000		150,000
9.125%, 07/15/2013		250,000		260,000
10.500%, 08/01/2014		425,000		461,125
Petroleos De Venezuela SA
4.900%, 10/28/2014		812,000		535,920
Petroleos de Venezuela SA
5.250%, 04/12/2017		1,708,000		1,037,610
Petroleos Mexicanos
4.875%, 03/15/2015 (S)		200,000		203,300
8.000%, 05/03/2019		310,000		359,600
Petroleum Company of
Trinidad & Tobago, Ltd.
9.750%, 08/14/2019 (S)		200,000		227,000
Plains Exploration & Production Company
7.000%, 03/15/2017		125,000		122,188
Pride International, Inc.
8.500%, 06/15/2019		150,000		167,625
Quicksilver Resources, Inc.
11.750%, 01/01/2016		400,000		454,000


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Oil & Gas (continued)
RDS Ultra-Deepwater, Ltd.
11.875%, 03/15/2017 (C)(S)	$	225,000	$	224,719
Rowan Companies, Inc.
7.875%, 08/01/2019		230,000		264,402
SandRidge Energy, Inc.
3.875%, 04/01/2014 (P)		500,000		442,527
SandRidge Energy, Inc., PIK
8.625%, 04/01/2015		1,000,000		980,000
SeaRiver Maritime, Inc.
0.00%, 09/01/2012		315,000		296,195
Shell International Finance BV
1.300%, 09/22/2011		415,000		418,349
4.300%, 09/22/2019		210,000		208,647
Sunoco, Inc.
4.875%, 10/15/2014		30,000		30,980
5.750%, 01/15/2017		240,000		238,834
9.625%, 04/15/2015		280,000		339,637
Swift Energy Company
8.875%, 01/15/2020		500,000		515,000
Transocean, Inc.
5.250%, 03/15/2013		100,000		108,012
Valero Energy Corp.
6.125%, 06/15/2017		510,000		528,976
9.375%, 03/15/2019		140,000		168,205
Woodside Finance, Ltd.
4.500%, 11/10/2014 (S)		150,000		155,028
XTO Energy, Inc.
4.625%, 06/15/2013		450,000		485,267
5.650%, 04/01/2016		120,000		134,452
YPF SA, MTNC
10.000%, 11/02/2028		220,000		222,200

				25,906,209
Oil & Gas Services - 0.34%
Aquilex Holdings LLC
11.125%, 12/15/2016 (S)		250,000		261,250
Cie Generale de Geophysique-Veritas
7.500%, 05/15/2015		100,000		98,000
Compagnie Generale de Geophysique SA
7.750%, 05/15/2017		500,000		490,000
Complete Production Services, Inc.
8.000%, 12/15/2016		1,525,000		1,483,063
Smith International, Inc.
8.625%, 03/15/2014		325,000		383,922
Weatherford International, Ltd.
9.625%, 03/01/2019		115,000		146,515

				2,862,750
Packaging & Containers - 0.72%
Ardagh Glass Finance PLC
7.125%, 06/15/2017	EUR	350,000		452,578
8.750%, 02/01/2020		200,000		275,053
Ball Corp.
7.125%, 09/01/2016	$	400,000		415,000
7.375%, 09/01/2019		250,000		259,375
Berry Plastics Escrow LLC
8.250%, 11/15/2015 (S)		525,000		518,438
Beverage Packaging Holdings
Luxembourg II Sa
9.500%, 06/15/2017	EUR	800,000		1,100,213
BWAY Corp.
10.000%, 04/15/2014 (S)	$	250,000		257,500
Clondalkin Acquisition BV
2.253%, 12/15/2013 (P)(S)		175,000		156,188
2.714%, 12/15/2013 (P)(S)	EUR	90,000		110,294


The accompanying notes are an integral part of the financial statements.	231

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Packaging & Containers (continued)
Graham Packaging Company LP
9.875%, 10/15/2014	$	475,000	$	484,500
Graphic Packaging International, Inc.
9.500%, 08/15/2013 to 06/15/2017		425,000		444,000
Plastipak Holdings, Inc.
8.500%, 12/15/2015 (S)		525,000		525,000
10.625%, 08/15/2019 (S)		225,000		247,750
Rock-Tenn Company
9.250%, 03/15/2016		225,000		245,250
Smurfit-Stone Container Enterprises, Inc.
8.000%, 03/15/2017 (H)		575,000		472,938
Vitro SA de CV
8.625%, 02/01/2012 (H)		200,000		90,500

				6,054,577
Pharmaceuticals - 0.31%
Amerisourcebergen Corp.
4.875%, 11/15/2019		80,000		80,210
Eli Lilly & Company
5.550%, 03/15/2037		205,000		206,993
Express Scripts, Inc.
5.250%, 06/15/2012		400,000		428,566
Mead Johnson Nutrition Company
4.900%, 11/01/2019 (S)		225,000		226,537
Merck KGAA
4.750%, 11/26/2010	EUR	50,000		69,732
Novasep Holding SAS
9.625%, 12/15/2016		60,000		75,572
9.750%, 12/15/2016 (S)	$	300,000		277,500
Teva Pharmaceutical Finance LLC
5.550%, 02/01/2016		325,000		354,075
Valeant Pharmaceuticals, Sr Note
8.375%, 06/15/2016 (S)		200,000		207,000
Watson Pharmaceuticals, Inc.
5.000%, 08/15/2014		260,000		273,310
6.125%, 08/15/2019		210,000		223,062
Wyeth
5.950%, 04/01/2037		205,000		216,408

				2,638,965
Pipelines - 1.01%
Boardwalk Pipelines LLC
5.500%, 02/01/2017		305,000		316,264
Boardwalk Pipelines LP
5.750%, 09/15/2019		205,000		214,326
Buckeye Partners LP
5.500%, 08/15/2019		155,000		157,391
6.050%, 01/15/2018		140,000		147,786
Colorado Interstate Gas Company
5.950%, 03/15/2015		150,000		159,745
Crosstex Energy Finance Corp.
8.875%, 02/15/2018 (S)		400,000		406,000
DCP Midstream LLC
9.700%, 12/01/2013 (S)		140,000		168,448
Dynegy Holdings, Inc.
7.500%, 06/01/2015		375,000		326,250
7.750%, 06/01/2019		650,000		510,250
El Paso Corp.
8.250%, 02/15/2016		225,000		238,500
12.000%, 12/12/2013		500,000		581,250
El Paso Natural Gas Company
5.950%, 04/15/2017		99,000		104,610
Enbridge Energy Partners Lp
5.200%, 03/15/2020		70,000		70,855


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Pipelines (continued)
Enbridge, Inc.
7.200%, 06/18/2032	CAD	28,000	$	31,590
Enogex LLC
6.250%, 03/15/2020 (S)	$	175,000		177,035
Enterprise Products Operating LLC
5.250%, 01/31/2020		140,000		143,362
5.900%, 04/15/2013		300,000		329,104
7.550%, 04/15/2038		300,000		349,974
Enterprise Products Operating LP
4.950%, 06/01/2010		110,000		110,918
6.300%, 09/15/2017		215,000		238,159
Gulfstream Natural Gas System LLC
6.950%, 06/01/2016 (S)		90,000		102,068
Kinder Morgan Finance Company
5.700%, 01/05/2016		480,000		466,800
Kinder Morgan, Inc.
6.500%, 09/01/2012		139,000		145,603
Magellan Midstream Partners LP
6.550%, 07/15/2019		145,000		160,606
Northwest Pipeline Corp.
5.950%, 04/15/2017		65,000		70,624
Plains All American Pipeline LP
4.250%, 09/01/2012		195,000		204,082
5.750%, 01/15/2020		385,000		401,457
6.500%, 05/01/2018		200,000		219,324
Southeast Supply Header LLC
4.850%, 08/15/2014 (S)		100,000		103,679
Southern Natural Gas Company
5.900%, 04/01/2017 (S)		99,000		104,596
Texas Gas Transmission LLC
5.500%, 04/01/2013 (S)		970,000		1,039,377
TransCanada Pipelines, Ltd.
7.125%, 01/15/2019		100,000		117,467
Williams Companies, Inc.
7.750%, 06/15/2031		37,000		42,615
Williams Partners LP
3.800%, 02/15/2015 (S)		145,000		146,479
6.300%, 04/15/2040 (S)		400,000		399,965

				8,506,559
Real Estate - 0.58%
Agile Property Holdings, Ltd.
10.000%, 11/14/2016 (S)		500,000		513,125
AMB Property LP
6.625%, 12/01/2019		185,000		189,018
Atlantic Finance, Ltd.
8.750%, 05/27/2014 (S)		250,000		258,010
AvalonBay Communities, Inc.
4.950%, 03/15/2013		60,000		63,432
6.100%, 03/15/2020		240,000		254,695
6.125%, 11/01/2012		97,000		105,294
Duke Realty LP
6.250%, 05/15/2013		230,000		243,923
ERP Operating LP
5.250%, 09/15/2014		190,000		200,557
Federal Realty Investment Trust
5.900%, 04/01/2020		55,000		55,270
6.000%, 07/15/2012		135,000		144,642
Hospitality Properties Trust
5.625%, 03/15/2017		225,000		208,148
7.875%, 08/15/2014		145,000		155,720
Host Marriott LP
6.750%, 06/01/2016		525,000		517,125
Kimco Realty Corp.
4.904%, 02/18/2015		60,000		60,095


The accompanying notes are an integral part of the financial statements.	232

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Real Estate (continued)
Mack-Cali Realty Corp.
7.750%, 08/15/2019	$	150,000	$	165,755
Mack-Cali Realty LP
5.800%, 01/15/2016		75,000		76,753
Reckson Operating Partnership
6.000%, 03/31/2016		335,000		321,329
Regency Centers LP
5.875%, 06/15/2017		120,000		119,431
Simon Property Group LP
4.200%, 02/01/2015		140,000		141,668
4.600%, 06/15/2010		120,000		121,175
5.300%, 05/30/2013		90,000		95,995
6.750%, 05/15/2014		155,000		171,760
10.350%, 04/01/2019		35,000		44,712
Ventas Realty LP
6.500%, 06/01/2016		45,000		44,888
WEA Finance LLC
6.750%, 09/02/2019 (S)		220,000		235,878
7.500%, 06/02/2014 (S)		175,000		197,649
Westfield Capital Corp., Ltd.
4.375%, 11/15/2010(S)		155,000		159,138
WT Finance Australia Property, Ltd.
3.625%, 06/27/2012	EUR	50,000		68,455

				4,933,640
Real Estate - 0.05%
Realogy Corp.
12.375%, 04/15/2015	$	650,000		445,250
Retail - 1.04%
AmeriGas Partners LP
7.125%, 05/20/2016		25,000		25,063
Arcos Dorados BV
7.500%, 10/01/2019 (S)		500,000		500,650
Burlington Coat Factory Warehouse Corp.
11.125%, 04/15/2014		450,000		457,875
Couche-Tard US LP
7.500%, 12/15/2013		300,000		301,500
CVS Caremark Corp.
1.755%, 09/10/2010 (P)		360,000		362,524
Dollar General Corp., PIK
11.875%, 07/15/2017		378,000		437,535
Federated Retail Holdings, Inc.
5.350%, 03/15/2012		280,000		288,400
Ferrellgas Partners LP
8.750%, 06/15/2012		275,000		275,344
Home Depot, Inc.
5.200%, 03/01/2011		80,000		83,150
HSN, Inc.
11.250%, 08/01/2016		125,000		140,313
Inergy LP, Gtd Sr Note
8.750%, 03/01/2015		250,000		256,875
JC Penney Company, Inc.
9.000%, 08/01/2012		205,000		229,088
Kingfisher PLC
5.625%, 12/15/2014	GBP	30,000		48,387
Limited Brands, Inc.
6.900%, 07/15/2017	$	25,000		24,250
8.500%, 06/15/2019		200,000		214,250
McDonald’s Corp.
5.700%, 02/01/2039		125,000		127,859
Michaels Stores, Inc.
11.375%, 11/01/2016		250,000		251,250
Michaels Stores, Inc., 0.00% Steps up to
13.00% on 11/01/2011
0.00%, 11/01/2016		625,000		509,375


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Retail (continued)
Neiman Marcus Group, Inc.
10.375%, 10/15/2015	$	525,000	$	522,375
Next PLC
5.875%, 10/12/2016	GBP	50,000		80,000
Nordstrom, Inc.
6.750%, 06/01/2014	$	50,000		56,607
O’Charleys, Inc.
9.000%, 11/01/2013		250,000		248,750
OSI Restaurant Partners, Inc.
10.000%, 06/15/2015		250,000		236,250
PPR
8.625%, 04/03/2014	EUR	50,000		81,148
QVC, Inc., Sr Sec Note
7.500%, 10/01/2019 (S)	$	325,000		329,063
Rite Aid Corp.
9.750%, 06/12/2016		125,000		133,438
10.250%, 10/15/2019		375,000		396,563
10.375%, 07/15/2016		75,000		78,563
Sally Holdings LLC
9.250%, 11/15/2014		425,000		444,125
10.500%, 11/15/2016		75,000		80,813
Staples, Inc.
9.750%, 01/15/2014		220,000		268,999
The Pantry, Inc.
7.750%, 02/15/2014		550,000		526,625
TJX Companies, Inc., Sr Note
6.950%, 04/15/2019		115,000		136,049
Toys R Us Property Company LLC
8.500%, 12/01/2017 (S)		300,000		303,000
Wendy’s/Arby’s Restaurants LLC
10.000%, 07/15/2016		325,000		348,563

				8,804,619
Savings & Loans - 0.01%
Nationwide Building Society
3.375%, 08/17/2015	EUR	55,000		72,183
Semiconductors - 0.08%
Advanced Micro Devices, Inc.
8.125%, 12/15/2017 (S)	$	100,000		101,250
STATS ChipPAC, Ltd.
6.750%, 11/15/2011		100,000		99,625
7.500%, 07/19/2010		500,000		504,375

				705,250
Software - 0.31%
Dun & Bradstreet Corp.
5.500%, 03/15/2011		120,000		125,401
First Data Corp
9.875%, 09/24/2015		175,000		149,625
First Data Corp.
9.875%, 09/24/2015		350,000		302,750
11.250%, 03/31/2016		425,000		348,500
First Data Corp., PIK
10.550%, 09/24/2015		792,309		687,328
Open Solutions, Inc.
9.750%, 02/01/2015 (S)		650,000		546,000
Oracle Corp.
5.000%, 01/15/2011		355,000		368,534
SS&C Technologies, Inc.
11.750%, 12/01/2013		100,000		105,000

				2,633,138
Storage/Warehousing - 0.06%
Mobile Services Group, Inc.
9.750%, 08/01/2014		475,000		486,875


The accompanying notes are an integral part of the financial statements.	233

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications - 4.08%
Alcatel-Lucent
6.375%, 04/07/2014	$	80,000	$	104,030
America Movil SAB de CV
5.000%, 10/16/2019 (S)		220,000		217,459
5.625%, 11/15/2017		110,000		115,465
5.750%, 01/15/2015		190,000		207,431
6.375%, 03/01/2035		600,000		612,482
8.460%, 12/18/2036		1,000,000		66,877
American Tower Corp.
4.625%, 04/01/2015		195,000		202,041
7.250%, 05/15/2019 (S)		660,000		742,500
Ameritech Capital Funding, Inc.
6.550%, 01/15/2028		130,000		130,217
AT&T, Inc.
4.950%, 01/15/2013		350,000		377,896
5.300%, 11/15/2010		125,000		129,143
5.800%, 02/15/2019		550,000		588,257
5.875%, 04/28/2017		50,000		80,782
British Telecommunications PLC
5.150%, 01/15/2013		530,000		561,492
9.125%, 12/15/2010		265,000		281,562
Broadview Networks Holdings, Inc.
11.375%, 09/01/2012		425,000		408,000
CC Holdings GS V LLC
7.750%, 05/01/2017 (S)		380,000		411,350
Cincinnati Bell, Inc.
7.000%, 02/15/2015		450,000		432,000
Clearwire Communications LLC
12.000%, 12/01/2015 (S)		1,300,000		1,270,751
Cricket Communications, Inc.
7.750%, 05/15/2016		300,000		304,875
9.375%, 11/01/2014		300,000		298,500
10.000%, 07/15/2015		325,000		329,063
Crown Castle International Corp.
9.000%, 01/15/2015		250,000		270,000
Deutsche Telekom International
Finance BV
7.125%, 09/26/2012		60,000		101,514
8.125%, 05/29/2012		35,000		53,704
Deutsche Telekom International
Finance BV
8.500%, 06/15/2010		330,000		337,264
Digicel Group, Ltd.
8.250%, 09/01/2017 (S)		375,000		356,250
8.875%, 01/15/2015 (S)		930,000		888,150
France Telecom SA
7.750%, 03/01/2011		120,000		128,037
GCI, Inc.
7.250%, 02/15/2014		475,000		472,625
GeoEye, Inc.
9.625%, 10/01/2015 (S)		150,000		152,250
Hughes Network Systems LLC
9.500%, 04/15/2014		450,000		457,376
Intelsat Bermuda, Ltd.
11.250%, 02/04/2017		1,525,000		1,545,969
Intelsat Corp.
9.250%, 06/15/2016		300,000		310,500
Intelsat Jackson Holdings SA
11.250%, 06/15/2016		325,000		346,938
Intelsat Jackson Holdings, Ltd.
8.500%, 11/01/2019 (S)		225,000		227,813
Intelsat Subsidiary Holding Company, Ltd.
8.875%, 01/15/2015 (S)		300,000		304,500
iPCS, Inc., PIK
4.249%, 05/01/2014		571,202		491,234


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications (continued)
KONINKLIJKE KPN NV
5.750%, 03/18/2016	$	50,000	$	80,653
7.500%, 02/04/2019		50,000		83,496
Level 3 Financing, Inc.
9.250%, 11/01/2014		475,000		450,063
10.000%, 02/01/2018 (S)		325,000		298,188
MetroPCS Wireless, Inc.
9.250%, 11/01/2014		625,000		623,438
Millicom International Cellular SA
10.000%, 12/01/2013		75,000		77,813
New Cingular Wireless Services, Inc.
7.875%, 03/01/2011		455,000		486,571
Nextel Communications, Inc.
6.875%, 10/31/2013		275,000		264,000
7.375%, 08/01/2015		400,000		369,000
NII Capital Corp.
10.000%, 08/15/2016 (S)		1,025,000		1,112,125
Nordic Telephone Company
8.250%, 05/01/2016		100,000		146,377
OTE PLC
4.625%, 05/20/2016		100,000		137,280
Paetec Holding Corp.
8.875%, 06/30/2017		350,000		352,625
9.500%, 07/15/2015		375,000		364,688
Qwest Communications International,
Inc., Series B
7.500%, 02/15/2014		450,000		454,500
Qwest Corp.
3.503%, 06/15/2013 (P)		500,000		490,000
7.500%, 10/01/2014		175,000		186,375
8.375%, 05/01/2016		300,000		328,500
Rogers Cable, Inc.
5.500%, 03/15/2014		160,000		173,674
Rogers Communications, Inc.
5.800%, 05/26/2016		25,000		25,906
6.800%, 08/15/2018		425,000		484,000
7.500%, 03/15/2015		140,000		165,615
Rogers Wireless, Inc.
6.375%, 03/01/2014		400,000		448,334
Royal KPN NV
4.500%, 03/18/2013		80,000		115,286
Sable International Finance, Ltd.
7.750%, 02/15/2017 (S)		250,000		256,250
SBA Telecommunications, Inc.
8.000%, 08/15/2016 (S)		100,000		104,000
8.250%, 08/15/2019 (S)		75,000		78,750
SBC Communications, Inc.
6.450%, 06/15/2034		255,000		260,976
Sprint Capital Corp.
6.875%, 11/15/2028		575,000		435,563
8.750%, 03/15/2032		400,000		353,000
Sprint Nextel Corp.
0.650%, 06/28/2010 (P)		105,000		104,089
8.375%, 08/15/2017		1,300,000		1,257,750
Telecom Italia Capital SA
5.250%, 11/15/2013		785,000		833,058
6.175%, 06/18/2014		195,000		212,418
6.200%, 07/18/2011		90,000		95,142
Telecom Italia Finance SA
6.875%, 01/24/2013		90,000		135,703
Telecom Italia SpA, EMTN
8.250%, 03/21/2016		60,000		98,911
Telefonaktiebolaget LM Ericsson
5.000%, 06/24/2013		50,000		72,763


The accompanying notes are an integral part of the financial statements.	234

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value



CORPORATE BONDS (continued)
Telecommunications (continued)
Telefonica Emisiones SAU
5.855%, 02/04/2013	$	60,000	$	65,595
5.877%, 07/15/2019		300,000		316,641
5.984%, 06/20/2011		185,000		195,327
6.221%, 07/03/2017		275,000		303,487
Telekom Finanzmanagement GmbH
6.375%, 01/29/2016		50,000		75,885
Telemar Norte Leste SA
9.500%, 04/23/2019 (S)		300,000		353,125
Telesat Canada
11.000%, 11/01/2015		500,000		545,000
12.500%, 11/01/2017		300,000		336,000
Telus Corp.
4.950%, 03/15/2017		25,000		24,631
TPSA Eurofinance France SA
6.000%, 05/22/2014		50,000		74,770
Verizon Communications, Inc.
6.900%, 04/15/2038		70,000		77,784
Verizon Global Funding Corp.
7.750%, 12/01/2030		285,000		339,507
Verizon Virginia, Inc., Series A
4.625%, 03/15/2013		1,040,000		1,098,824
Verizon Wireless Capital LLC
3.750%, 05/20/2011		200,000		206,578
7.375%, 11/15/2013		315,000		365,649
8.500%, 11/15/2018		545,000		686,402
Viasat, Inc.
8.875%, 09/15/2016 (S)		150,000		152,625
VIP Finance Ireland, Ltd.
9.125%, 04/30/2018		200,000		217,800
Vodafone Group PLC
4.750%, 06/14/2016		50,000		72,655
5.625%, 02/27/2017		205,000		220,046
West Corp.
9.500%, 10/15/2014		425,000		421,813
Wind Acquisition Finance SA
11.750%, 07/15/2017 (S)		765,000		843,703
12.000%, 12/01/2015 (S)		750,000		802,500
Windstream Corp.
8.625%, 08/01/2016		325,000		330,688

				34,460,212
Textiles - 0.03%
INVISTA
9.250%, 05/01/2012 (S)		275,000		277,063
Tobacco - 0.18%
Alliance One International, Inc.
10.000%, 07/15/2016 (S)		350,000		364,000
Altria Group, Inc.
9.250%, 08/06/2019		450,000		557,395
Reynolds American, Inc.
7.250%, 06/01/2013		535,000		593,830

				1,515,225
Transportation - 0.18%
Bristow Group, Inc.
7.500%, 09/15/2017		400,000		393,000
Canadian Pacific Railway Company
7.250%, 05/15/2019		260,000		299,727
CSX Corp.
5.750%, 03/15/2013		200,000		217,993
DP World Sukuk, Ltd.
6.250%, 07/02/2017		300,000		253,500


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Transportation (continued)
Kansas City Southern de Mexico SA
de CV
8.000%, 02/01/2018 (S)	$	225,000	$	222,188
Kansas City Southern Railway Company
13.000%, 12/15/2013		125,000		144,531

				1,530,939
Water - 0.15%
Severn Trent Utilities Finance
PLC, EMTN
5.250%, 03/11/2016		65,000		96,142
Suez Environnement SA
6.250%, 04/08/2019		100,000		158,425
Veolia Environnement
4.875%, 05/28/2013		85,000		123,910
5.250%, 06/03/2013		360,000		386,662
5.875%, 02/01/2012		30,000		43,764
6.000%, 06/01/2018		430,000		462,331

				1,271,234

TOTAL CORPORATE BONDS (Cost $313,903,021)			$	329,449,344


MUNICIPAL BONDS - 0.26%
California - 0.05%
Bay Area Toll Authority
6.263%, 04/01/2049		200,000		202,190
Los Angeles Department of Airports
6.582%, 05/15/2039		135,000		135,020
San Diego County Water Authority
6.138%, 05/01/2049		100,000		103,946

				441,156
Connecticut - 0.01%
Connecticut State Development Authority
5.250%, 05/01/2031		95,000		95,433
District of Columbia - 0.01%
District of Columbia
5.591%, 12/01/2034		40,000		40,703
Illinois - 0.05%
Chicago Illinois Transit Authority
6.899%, 12/01/2040		245,000		263,860
Chicago Metropolitan Water
Reclamation District
5.720%, 12/01/2038		165,000		169,564

				433,424
Kansas - 0.01%
Kansas Development Finance Authority
5.501%, 05/01/2034		120,000		119,863
Maryland - 0.02%
Maryland State Transportation Authority
5.888%, 07/01/2043		125,000		129,241
New York - 0.03%
Metropolitan Transportation Authority
7.336%, 11/15/2039		55,000		63,983
New York City Housing
Development Corp.
6.420%, 11/01/2027		115,000		114,986
New York City Municipal Water
Finance Authority
5.952%, 06/15/2042		95,000		95,699

				274,668


The accompanying notes are an integral part of the financial statements.	235

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


MUNICIPAL BONDS (continued)
Oregon - 0.01%
State of Oregon
5.892%, 06/01/2027	$	60,000	$	62,532
Pennsylvania - 0.03%
Commonwealth of Pennsylvania
5.000%, 01/01/2018		240,000		267,958
Utah - 0.01%
Utah Transit Authority
5.937%, 06/15/2039		105,000		111,020
West Virginia - 0.03%
Tobacco Settlement Finance Authority of
West Virginia
7.467%, 06/01/2047		315,000		259,062

TOTAL MUNICIPAL BONDS (Cost $2,242,025)			$	2,235,060


COLLATERALIZED MORTGAGE
OBLIGATIONS - 2.09%
American Tower Trust,
Series 2007-1A, Class D
5.957%, 04/15/2037 (S)		350,000		367,500
Banc of America Commercial
Mortgage, Inc.
Series 2003-1, Class A1,
3.878%, 09/11/2036		104,141		105,893
Series 2005-3, Class A2,
4.501%, 07/10/2043		541,740		542,419
Series 2003-1, Class A2,
4.648%, 09/11/2036		796,000		825,965
Banc of America Mortgage Securities
Series 2004-H, Class 2A2,
3.760%, 09/25/2034 (P)		132,609		128,762
Series 2004-D, Class 2A2,
3.863%, 05/25/2034 (P)		58,591		53,921
Series 2004-A, Class 2A2,
4.478%, 02/25/2034 (P)		104,183		89,510
Series 2004-I, Class 3A2,
4.869%, 10/25/2034 (P)		54,710		53,681
Series 2005-J, Class 2A1,
5.081%, 11/25/2035 (P)		323,639		259,205
Series 2005-J, Class 3A1,
5.241%, 11/25/2035 (P)		159,007		122,654
Bear Stearns Commercial Mortgage
Securities, Inc.
Series 2005-PWR9, Class AAB,
4.804%, 09/11/2042		422,000		437,228
Series 2002-TOP8, Class A2,
4.830%, 08/15/2038		320,000		333,506
Series 2005-PWR9, Class A4A,
4.871%, 09/11/2042		1,170,000		1,183,877
5.540%, 09/11/2041		628,000		646,278
Series 2007-PW17, Class A4,
5.694%, 06/11/2050 (P)		50,000		48,017
Bear Stearns Commercial Mortgage
Securities, Inc.
Series 2005-PWR9, Class A1,
4.498%, 09/11/2042		22,063		22,148
Series 2005-PW10, Class A1,
5.085%, 12/11/2040		231,898		234,186
Series 2007-PW17, Class A1,
5.282%, 06/11/2050		383,607		392,020
Series 2007-PW15, Class AAB,
5.315%, 02/11/2044		500,000		506,170
Series 2006-PWR12, Class A1,
5.546%, 09/11/2038 (P)		80,500		81,966


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Bear Stearns Commercial Mortgage Securities,
Inc. (continued)
Series 1998-C1, Class A2,
6.440%, 06/16/2030	$	802	$	802
Chase Funding Mortgage Loan Asset-
Backed Certificates
Series 2002-4, Class 2A1,
0.968%, 10/25/2032 (P)		9,005		6,467
Series 2003-3, Class 1A6,
3.717%, 10/25/2014		157,390		150,532
Citigroup/Deutsche Bank Commercial
Mortgage Trust,
Series 2006-CD3, Class AAB
5.608%, 10/15/2048		250,000		261,400
Citigroup/Deutsche Bank Commercial
Mortgage Trust
Series 2005-CD1, Class A1,
5.047%, 07/15/2044		84,200		84,193
Series 2007-CD4, Class ASB,
5.278%, 12/11/2049		45,000		45,327
Series 2006-CD3, Class A5,
5.617%, 10/15/2048		170,000		173,382
Commercial Mortgage Loan Trust,
Series 2008-LS1, Class A3
6.019%, 12/10/2049 (P)		1,225,000		1,276,101
Commercial Mortgage Pass Through
Certificates, Series 2007-C9, Class A4
5.816%, 12/10/2049 (P)		230,000		223,302
Credit Suisse Mortgage Capital
Certificates, Series 2007-C4, Class A1
5.540%, 09/15/2039 (P)		63,586		65,064
Credit Suisse Mortgage Capital
Certificates, Series 2006-C4, Class A1
4.771%, 09/15/2039		117,951		119,609
CS First Boston Mortgage Securities
Corp., Series 2005-C2, Class A4
4.832%, 04/15/2037		575,000		577,738
GE Capital Commercial Mortgage Corp.
Series 2005-C4, Class A1,
5.082%, 11/10/2045		140,839		142,216
Series 2001-1, Class A2,
6.531%, 05/15/2033		440,000		456,866
GMAC Commercial Mortgage Securities,
Inc., Series 2001-C2, Class A2
6.700%, 04/15/2034		47,349		49,425
Greenwich Capital Commercial
Funding Corp.
Series 2005-GG3, Class A2,
4.305%, 08/10/2042		151,916		154,661
Series 2004-GG1, Class A3,
4.344%, 06/10/2036		10,077		10,095
Series 2005-GG3, Class A3,
4.569%, 08/10/2042		250,000		247,244
Series 2005-GG3, Class AAB,
4.619%, 08/10/2042		141,157		144,764
Series 2007-GG9, Class A1,
5.233%, 03/10/2039		70,017		70,486
JPMorgan Chase Commercial Mortgage
Securities Corp.,
Series 2001-CIBC, Class A3
6.260%, 03/15/2033		245,184		251,722
JPMorgan Chase Commercial Mortgage
Securities Corp.
Series 2005-LDP4, Class ASB,
4.824%, 10/15/2042 (P)		561,000		581,245


The accompanying notes are an integral part of the financial statements.	236

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
JPMorgan Chase Commercial Mortgage
Securities Corp. (continued)
Series 2006-LDP9, Class A1,
5.170%, 05/15/2047	$	149,144	$	152,730
Series 2006-CB17, Class A1,
5.279%, 12/12/2043		140,710		144,872
Series 2006-LDP9, Class A3,
5.336%, 05/15/2047		470,000		436,064
Series 2007-LD11, Class A4,
5.818%, 06/15/2049 (P)		400,000		366,438
Series 2001-CIB2, Class A2,
6.244%, 04/15/2035		120,118		120,903
LB-UBS Commercial Mortgage Trust
4.830%, 11/15/2027		490,000		501,292
Series 2006-C7, Class A3,
5.347%, 11/15/2038		311,000		310,190
LB-UBS Commercial Mortgage Trust
Series 2003-C7, Class A3,
4.559%, 09/15/2027 (P)		475,000		482,584
Series 2005-C1, Class A4,
4.742%, 02/15/2030		133,000		135,231
Series 2006-C1, Class A1,
5.018%, 02/15/2031		115,221		116,183
Series 2007-C2, Class A3,
5.430%, 02/15/2040		50,000		46,598
Morgan Stanley Capital I
4.070%, 05/15/2040		420,000		427,893
Series 2007-T27, Class A1,
5.606%, 06/11/2042		357,776		372,953
Series 2007-IQ14, Class A4,
5.692%, 04/15/2049 (P)		45,000		39,743
Series 2006-T23, Class A4,
5.810%, 08/12/2041 (P)		485,000		511,806
Morgan Stanley Dean Witter Capital I
Series 2002-TOP7, Class A1,
5.380%, 01/15/2039		4,832		4,867
Series 2002-TOP7, Class A2,
5.980%, 01/15/2039		366,000		388,874
Morgan Stanley Capital I,
Series 2006-T23, Class A1
5.682%, 08/12/2041		110,851		114,161
Residential Asset Mortgage Products,
Series 2003-RZ2, Series 2003-RZ2
3.600%, 04/25/2033		20,523		15,672
Vendee Mortgage Trust,
Series 1996-3, Class 4
9.598%, 03/15/2025		8,747		9,440
Wachovia Bank Commercial Mortgage
Trust, Series 2006-C28, Class A4
5.572%, 10/15/2048		180,000		170,388
Wells Fargo Mortgage Backed
Securities Trust
Series 2005-AR2, Class 2A2,
3.741%, 03/25/2035 (P)		256,187		232,587
Series 2003-O, Class 5A1,
4.803%, 01/25/2034 (P)		308,331		301,629
Series 2005-AR2, Class 3A1,
4.913%, 03/25/2035 (P)		149,074		138,813
Series 2006-AR16, Class A1,
5.668%, 10/25/2036 (P)		703,102		565,090

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $17,177,674)			$	17,634,548


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES - 2.27%
American Express Credit Account
Master Trust
Series 2007-4, Class A,
0.221%, 12/17/2012 (P)	$	125,000	$	124,961
Series 2005-5, Class A,
0.271%, 02/15/2013 (P)		605,000		604,744
Series 2006-B, Class A,
0.271%, 08/15/2013 (P)(S)		170,000		169,807
American Express Credit Account Master
Trustamxca 2006-2 B
5.550%, 01/15/2014		175,000		183,004
Americredit Automobile Receivables
Trust, Series 2010-1, Class C
5.190%, 08/17/2015		135,000		136,049
AmeriCredit Automobile Receivables
Trust, Series 2006-RM, Class A3
5.530%, 01/06/2014		1,525,000		1,579,999
Bank Of America Auto Trust,
Series 2010-1a, Class A2
0.750%, 06/15/2012 (S)		170,000		169,915
Bank of America Credit Card Trust,
Series 2007-A8, Class A8
5.590%, 11/17/2014		290,000		314,662
BankBoston Home Equity Loan Trust,
Series 1998-2, Class A6
6.640%, 12/25/2028 (P)		39,156		32,410
Bay View Auto Trust,
Series 2005-3, Class A4
5.010%, 06/25/2014		33,094		33,302
BMW Vehicle Lease Trust,
Series 2009-1, Class A3
2.910%, 03/15/2012		270,000		275,718
Cabela’s Master Credit Card Trust
0.281%, 10/15/2014 (P)(S)		500,000		491,643
Series 2005-1A, Class A1,
4.970%, 10/15/2013 (S)		140,000		143,371
Capital Auto Receivables Asset Trust,
Series 2007-SN2 ,Class A4
1.261%, 05/16/2011 (P)(S)		465,000		465,985
Capital One Multi-Asset Execution Trust
Series 2007-C3, Class C3,
0.521%, 04/15/2013 (P)		125,000		124,652
Series 2003-C4, Class C4,
6.000%, 08/15/2013		325,000		332,674
CenterPoint Energy Transition
Bond Co. LLC
4.970%, 08/01/2014		120,757		127,597
Chase Funding Mortgage Loan Asset-
Backed Certificates,
Series 2002-2, Class 1M1
5.599%, 09/25/2031		19,877		8,489
Citibank Credit Card Issuance Trust,
Series 2007-A5, Class A5
5.500%, 06/22/2012		1,075,000		1,087,623
CNH Equipment Trust
Series 2009-B, Class A3,
2.970%, 03/15/2013		247,015		250,806
Series 2007-A, Class B,
5.090%, 06/16/2014		295,000		300,681
Continental Airlines, Inc.
7.250%, 11/10/2019		250,000		260,000
Daimler Chrysler Auto Trust,
Series 2008-A, Class A3A
3.700%, 06/08/2012		208,331		211,631


The accompanying notes are an integral part of the financial statements.	237

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
Detroit Edison Securitization Funding
LLC, Series 2001-1, Class A5
6.420%, 03/01/2015	$	450,000	$	500,888
Discover Card Master Trust,
Series 2009-A2, Class A
1.531%, 02/17/2015 (P)		870,000		884,197
Discover Card Master Trust I,
Series 2005-4, Class A2
0.321%, 06/16/2015 (P)		200,000		196,680
Ford Credit Auto Owner Trust
2.980%, 08/15/2014		250,000		257,863
Ford Credit Auto Owner Trust,
Series 2009-e, Class A3
1.510%, 01/15/2014		115,000		115,463
Ford Credit Auto Owner Trust,
Series 2009-e, Class A4
2.420%, 11/15/2014		101,000		101,316
GE Capital Credit Card Master Note Tr.,
Ser 2009-1, Class A
2.331%, 04/15/2015 (P)		200,000		204,269
GE Capital Credit Card Master
Note Trust, Series 2009-2, Class A
3.690%, 07/15/2015		1,025,000		1,064,842
GE Equipment Midticket LLC
2.340%, 06/17/2013		335,000		340,441
Honda Auto Receivables Owner Trust,
Series 2009-2, Class A4
4.430%, 07/15/2015		190,000		201,649
Honda Auto Receivables Owner Trust,
Series 2007-1, Class A3
5.100%, 03/18/2011		30,849		30,987
Household Automotive Trust,
Series 2006-2, Class A4
5.670%, 06/17/2013		220,000		225,842
Hyundai Auto Receivables Trust
3.150%, 03/15/2016		295,000		305,614
Series 2006-A, Class A4,
5.260%, 11/15/2012		76,111		76,307
John Deere Owner Trust
1.570%, 10/15/2013		150,000		151,098
Series 2009-A, Class A3,
2.590%, 10/15/2013		125,000		127,242
John Deere Owner Trust,
Series 2006-A, Class A4
5.390%, 06/17/2013		84,777		84,993
JPMorgan Auto Receivables Trust,
Series 2007-A, Class A4
5.190%, 02/15/2014 (S)		221,178		225,251
JPMorgan Mortgage Acquisition Corp.,
Series 2007-CH1, Class AV2
0.288%, 10/25/2036 (P)		59,755		56,792
LB-UBS Commercial Mortgage Trust,
Series 2004-C2, Class A2
3.246%, 03/15/2029		208,179		208,723
Marriott Vacation Club Owner Trust
Series 2006-2A, Class A,
5.362%, 10/20/2028 (S)		117,891		120,062
Series 2006-1A, Class A,
5.737%, 04/20/2028 (S)		344,461		353,211
Series 2006-1A, Class B,
5.827%, 04/20/2028 (S)		14,964		13,193
MBNA Credit Card Master Note Trust,
Series 2006-C3, Class C3
0.521%, 10/15/2013 (P)		415,000		405,933


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
MMAF Equipment Finance LLC,
Series 2009-AA, Class A3
2.370%, 11/15/2013 (S)	$	110,000	$	110,389
N/ACFAIT 2009-1 A3
2.590%, 10/15/2013 (S)		326,000		330,620
Nissan Auto Lease Trust,
Series 2009-A, Class A3
2.920%, 12/15/2011		160,000		163,442
Nissan Auto Receivables Owner Trust,
Series 2008-A, Class A3
3.890%, 08/15/2011		84,600		85,439
Nordstrom Private Label Credit Card
Master Note Trust,
Series 2007-1A, Class A
4.920%, 05/15/2013 (S)		350,000		351,622
Peco Energy Transition Trust,
Series 2001-A, Class A1
6.520%, 12/31/2010		447,000		454,306
PF Export Receivables Master Trust
6.436%, 06/01/2015 (S)		44,383		46,749
PSE&G Transition Funding LLC,
Series 2001-1, Class A6
6.610%, 06/15/2015		281,000		314,290
SLM Student Loan Trust,
Series 2008-4, Class A2
1.299%, 07/25/2016 (P)		675,000		690,458
TLF Fund Term Asset Backed
Management Fees Company
11.070%,		143,691		1,590,665
USAA Auto Owner Trust
Series 2008-1, Class A3,
4.160%, 04/16/2012		197,813		200,654
Series 2007-2, Class A3,
4.900%, 02/15/2012		219,635		222,097
USAA Auto Owner Trust,
Series 2010-1, Class A4
2.140%, 09/15/2015		260,000		261,078
Volkswagen Auto Lease Trust,
Series 2009-A, Class A3
3.410%, 04/16/2012		400,000		411,496
Volkswagen Auto Loan Enhanced Trust,
Series 2010-1, Class A2
0.660%, 05/21/2012		110,000		110,081
Wachovia Auto Owner Trust,
Series 2006-A, Class A4
5.380%, 03/20/2013		104,680		106,594

TOTAL ASSET BACKED SECURITIES (Cost $18,767,452)			$	19,132,559


CONVERTIBLE PREFERRED STOCKS - 0.02%
Energy - 0.02%
Enterprise Products Operating LLC
9.750%, 01/31/2014		130,000		158,434

TOTAL CONVERTIBLE PREFERRED
STOCKS (Cost $130,000)			$	158,434


CONVERTIBLE BONDS - 0.62%
Auto Manufacturers - 0.02%
Ford Motor Company
4.250%, 12/15/2036		144,000		203,220
Auto Parts & Equipment - 0.06%
TRW Automotive, Inc.
3.500%, 12/01/2015 (S)		450,000		515,250


The accompanying notes are an integral part of the financial statements.	238

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


CONVERTIBLE BONDS (continued)
Coal - 0.05%
Massey Energy Company
3.250%, 08/01/2015	$	231,000	$	207,900
Peabody Energy Corp.
4.750%, 12/15/2041		200,000		205,000

				412,900
Diversified Financial Services - 0.05%
E*Trade Financial Corp.
7.875%, 08/31/2019		261,000		396,720
Food - 0.05%
Great Atlantic & Pacific Tea Co.
6.750%, 12/15/2012		500,000		434,375
Holding Companies - 0.06%
Icahn Enterprises LP
4.000%, 08/15/2013 (P)(S)		549,000		482,406
Oil & Gas - 0.02%
Penn Virginia Corp.
4.500%, 11/15/2012		219,000		205,313
Real Estate - 0.07%
General Growth Properties LP
3.980%, 04/15/2027 (H)(S)		338,000		346,873
SL Green Realty Corp.
3.000%, 03/30/2027 (S)		300,000		277,500

				624,373
Semiconductors - 0.11%
Advanced Micro Devices, Inc.
6.000%, 05/01/2015		975,000		900,656
Telecommunications - 0.13%
Leap Wireless International, Inc.
4.500%, 07/15/2014		700,000		603,750
Lucent Technologies, Inc.
2.875%, 06/15/2025		225,000		189,563
SBA Communications Corp.
4.000%, 10/01/2014 (S)		208,000		277,420

				1,070,733

TOTAL CONVERTIBLE BONDS (Cost $4,303,163)			$	5,245,946


SUPRANATIONAL OBLIGATIONS - 0.35%
Supranational - 0.35%
Central American Bank for
Economic Integration
5.375%, 09/24/2014 (S)		200,000		207,501
European Investment Bank
4.750%, 10/15/2017		535,000		806,872
European Investment Bank
6.500%, 08/07/2019		598,000		534,324
European Investment Bank
8.750%, 08/25/2017		320,000		639,312
Inter-American Development Bank
4.400%, 01/26/2026		410,000		367,270
Societe Financement de
l’Economie Francaise
3.250%, 01/16/2014		278,000		392,963

				2,948,242

TOTAL SUPRANATIONAL OBLIGATIONS (Cost $3,019,764)			$	2,948,242


TERM LOANS - 2.23%
Automobiles & Components - 0.30%
Dana Holding Corp.
4.820%, 01/30/2015 (P)		737,601		718,423


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


TERM LOANS (continued)
Automobiles & Components (continued)
Ford Motor Company
3.260%, 12/16/2013 (P)	$	1,469,719	$	1,372,963
Goodyear Tire & Rubber Company
2.340%, 04/30/2014 (P)		250,000		231,979
Lear Corp.
7.500%, 10/08/2014 (P)		234,375		234,861

				2,558,226
Consumer Services - 0.28%
Calpine Corp.
3.140%, 03/29/2014 (P)		245,453		230,357
CDW Corp.
4.230%, 10/12/2014 (P)		400,000		341,643
Cedar Fair LP
0.00%, 04/01/2016 (P)(T)		450,000		445,922
DAE Aviation Holdings, Inc.
4.000%, 07/31/2014 (P)		249,684		231,374
OSI Restaurant Partners, Inc.
2.560%, 06/14/2013 (P)		496,761		439,634
Sabre Holdings Corp.
2.490%, 09/30/2014 (P)		750,000		656,750

				2,345,680
Diversified Financials - 0.40%
Booz Allen Hamilton, Inc.
6.000%, 07/31/2015 (P)		500,000		501,563
CCM Merger, Inc.
8.500%, 07/12/2012 (P)		492,696		485,511
Nuveen Investments, Inc.
3.290%, 11/13/2014 (P)		1,133,809		986,414
Pinnacle Foods Finance LLC
2.980%, 04/02/2014 (P)		981,086		920,858
7.500%, 04/02/2014 (P)		250,000		251,027
Reynolds Consumer Products, Inc.
6.250%, 11/05/2015 (P)		250,000		251,563

				3,396,936
Energy - 0.11%
Hercules Offshore, Inc.
6.000%, 07/11/2013 (P)		345,615		326,966
Meg Energy Corp.
6.000%, 04/03/2016 (P)		449,375		441,230
Texas Competitive Electric LLC
3.730%, 10/10/2014 (P)		245,603		197,434

				965,630
Food & Staples Retailing - 0.02%
Supervalu, Inc.
1.100%, 06/02/2011 (P)		194,444		191,388
Health Care Equipment & Services - 0.19%
Bausch & Lomb, Inc.
3.500%, 04/24/2015 (P)		243,817		233,523
Community Health Systems, Inc.
2.500%, 07/25/2014 (P)		245,046		228,964
HCA, Inc.
1.750%, 11/16/2012 (P)		182,758		172,602
Health Management Associates, Inc.
2.000%, 02/28/2014 (P)		234,700		221,172
Healthsouth Corp.
2.510%, 03/11/2013 (P)		119,720		115,754
4.010%, 03/15/2014 (P)		98,535		97,960
Iasis Healthcare Corp.
5.500%, 06/13/2014 (P)		625,645		570,901

				1,640,876


The accompanying notes are an integral part of the financial statements.	239

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


TERM LOANS (continued)
Insurance - 0.11%
Asurion Corp., PIK
6.730%, 07/03/2015 (P)	$	750,000	$	724,454
HUB International Holdings, Inc.
2.750%, 06/13/2014 (P)		245,620		224,819

				949,273
Materials - 0.08%
Ferro Corp.
6.250%, 06/06/2012 (P)		362,524		356,633
Hexion Specialty Chemicals
2.560%, 05/06/2013 (P)		157,192		144,027
Momentive Performance Materials, Inc.
2.500%, 12/04/2013 (P)		200,000		182,600

				683,260
Media - 0.33%
CCO Holdings LLC
2.750%, 09/06/2014 (P)		225,000		202,359
CSC Holdings, Inc.
1.260%, 02/24/2012 (P)		175,676		170,757
Federal Mogul Corp.
2.170%, 12/29/2014 (P)		525,000		459,211
First Data Corp.
2.980%, 09/24/2014 (P)		246,843		215,611
Local Insight Regatta Holdings, Inc.
7.750%, 04/23/2015 (P)		750,000		630,938
Mediacom Broadband LLC
6.500%, 01/03/2016 (P)		245,013		246,973
Skype Technologies SA
0.00%, 02/02/2015 (P)(T)		175,000		175,525
Supermedia, Inc.
0.00%, 12/31/2015 (P)(T)		250,000		232,500
Trilogy International Partners
3.750%, 06/29/2012 (P)		500,000		421,250

				2,755,124
Retailing - 0.06%
Michaels Stores, Inc.
4.770%, 07/31/2016 (P)		516,356		491,900
Technology Hardware & Equipment - 0.29%
Dresser, Inc.
6.000%, 05/04/2015 (P)		1,250,000		1,168,750
Infor Global Solutions, Inc.
6.480%, 03/02/2014 (P)		500,000		395,625
Palm, Inc.
3.760%, 10/24/2014 (P)		977,500		844,316

				2,408,691
Transportation - 0.03%
Dollar Thrifty
2.730%, 06/15/2014 (P)		250,000		235,417
Utilities - 0.03%
Mirant North America LLC
1.980%, 01/03/2013 (P)		222,799		213,012

TOTAL TERM LOANS (Cost $17,399,334)			$	18,835,413


SHORT-TERM INVESTMENTS - 5.44%
Repurchase Agreement - 0.03%
Repurchase Agreement with State Street
Corp. dated 02/26/2010 at 0.01% to be
repurchased at $289,000 on 03/01/2010,
collateralized by
$295,000 U.S. Treasury Notes, 1.125%
due 01/15/2012 (valued at $297,242,
including interest)	$	289,000		289,000


Spectrum Income Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS (continued)
*Short-Term Securities - 3.95%**
T. Rowe Price Reserve Investment
Fund, 0.25404%	$	33,410,107 $		33,303,115
Securities Lending Collateral - 1.46%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		1,231,273		12,325,171

TOTAL SHORT-TERM INVESTMENTS (Cost $45,917,203)			$	45,917,286

Total Investments (Spectrum Income Fund)
(Cost $821,207,788) - 100.72%			$	849,970,896
Other assets and liabilities, net - (0.72%)				(6,103,366)

TOTAL NET ASSETS - 100.00%			$	843,867,530




Strategic Bond Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 31.37%
Treasury Inflation Protected Securities (D) - 3.14%
1.750%, 01/15/2028 (F)	$	1,464,020	$	1,391,037
2.500%, 01/15/2029		5,512,935		5,846,726
3.875%, 04/15/2029		735,762		936,486

				8,174,249
U.S. Treasury Bonds - 5.25%
0.010%, 02/15/2025		5,040,000		2,551,812
3.000%, 02/28/2017		2,490,000		2,484,942
3.125%, 01/31/2017		2,730,000		2,748,769
4.375%, 11/15/2039		4,120,000		4,015,715
4.500%, 08/15/2039		870,000		866,058
8.750%, 08/15/2020		690,000		992,845

				13,660,141
U.S. Treasury Strips - 0.79%
0.010%, 05/15/2018 to 05/15/2030		4,020,000		2,061,226
Federal Home Loan Mortgage Corp. - 0.14%
5.000%, 06/15/2018		241,153		257,061
5.000%, TBA (B)		100,000		103,535

				360,596
Federal National Mortgage Association - 12.49%
0.00%, 02/01/2019 to 10/09/2019		1,720,000		1,020,197
2.424%, 11/01/2035 (P)		193,096		195,575
4.500%, TBA (B)		5,400,000		5,469,355
4.625%, 05/01/2013		1,230,000		1,329,310
5.000%, TBA (B)		11,600,000		12,024,133
5.250%, 08/01/2012		1,300,000		1,413,347
5.500%, 04/01/2036		2,070,251		2,167,941
5.500%, TBA (B)		1,200,000		1,277,969
6.000%, 04/18/2036		640,000		680,418
6.000%, TBA (B)		5,900,000		6,271,064
6.500%, 10/01/2032 (P)		415,444		452,785
6.500%, TBA (B)		100,000		107,180
7.500%, 07/01/2030 to 02/01/2031		8,301		9,159
8.000%, 08/01/2027		36,029		40,069
8.800%, 01/25/2019		19,672		22,507
10.400%, 04/25/2019		3,534		3,821

				32,484,830
Government National Mortgage Association - 2.06%
5.000%, 01/15/2040		2,696,640		2,817,252
5.500%, TBA (B)		2,400,000		2,539,313


The accompanying notes are an integral part of the financial statements.	240

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
Government National Mortgage Association (continued)
7.500%, 04/15/2022 to 10/15/2027	$	6,302	$	6,947

				5,363,512
The Financing Corp. - 1.21%
0.00%, 02/08/2018 to 09/26/2019		4,490,000		3,136,870
Tennessee Valey Authority - 0.20%
5.250%, 09/15/2039		510,000		516,986
U.S. Treasury Notes - 6.09%
2.250%, 01/31/2015		1,560,000		1,560,487
2.375%, 03/31/2016		1,180,000		1,155,386
2.625%, 12/31/2014		2,030,000		2,069,173
3.375%, 11/15/2019		8,920,000		8,764,596
3.625%, 02/15/2020		2,300,000		2,306,109

				15,855,751

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $80,407,464)			$	81,614,161


FOREIGN GOVERNMENT
OBLIGATIONS - 3.53%
Brazil - 1.64%
Federative Republic of Brazil
10.000%, 01/01/2012 to 01/01/2017	BRL	7,861,000		4,281,359
Greece - 0.29%
Republic of Greece
6.100%, 08/20/2015	EUR	570,000		758,244
Indonesia - 0.28%
Republic of Indonesia
11.000%, 09/15/2025	IDR	6,551,000,000		726,560
Italy - 0.17%
Republic of Italy
5.804%, 10/25/2032	$	440,000		433,102
Russia - 0.30%
Government of Russia
7.500%, 03/31/2030		692,780		784,989
Turkey - 0.85%
Republic of Turkey
6.875%, 03/17/2036		2,215,000		2,209,463

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $9,377,600)			$	9,193,717


CORPORATE BONDS - 41.81%
Advertising - 0.48%
Affinion Group, Inc.
10.125%, 10/15/2013		455,000		459,550
WPP Finance UK
8.000%, 09/15/2014		690,000		795,874

				1,255,424
Aerospace/Defense - 0.83%
DAE Aviation Holdings, Inc.
11.250%, 08/01/2015 (P)(S)		2,360,000		2,153,500
Agriculture - 0.05%
Alliance One International, Inc.
10.000%, 07/15/2016 (S)		120,000		124,800
Airlines - 0.22%
Continental Airlines, Inc.
7.339%, 04/19/2014		140,000		132,300
Delta Air Lines, Inc.
8.021%, 08/10/2022		347,025		316,660


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Airlines (continued)
Delta Air Lines, Inc. (continued)
9.500%, 09/15/2014 (S)	$	125,000	$	127,188

				576,148
Apparel - 0.19%
Oxford Industries, Inc.
11.375%, 07/15/2015		440,000		488,400
Auto Manufacturers - 0.56%
General Motors Corp.
8.250%, 07/15/2023 (H)		580,000		172,550
8.375%, 07/15/2033 (H)		4,235,000		1,281,088

				1,453,638
Auto Parts & Equipment - 0.27%
Keystone Automotive Operations, Inc.
9.750%, 11/01/2013		90,000		38,700
Penhall International Corp.
12.000%, 08/01/2014 (S)		550,000		412,500
Visteon Corp.
8.250%, 08/01/2010 (H)		166,000		113,710
12.250%, 12/31/2016 (H)(S)		152,000		141,360

				706,270
Banks - 3.51%
Bank of Tokyo-Mitsubishi UFJ, Ltd.
3.850%, 01/22/2015		520,000		533,433
Glitnir Banki HF
6.330%, 07/28/2011 (H)(S)		440,000		114,400
6.375%, 09/25/2012 (H)(S)		580,000		150,800
6.693%, 06/15/2016 (H)(S)		620,000		62
7.451%, 09/30/2049 (H)(P)(S)		100,000		10
ICICI Bank, Ltd.
6.375%, 04/30/2022		426,000		392,220
Kaupthing Bank HF
7.125%, 05/19/2016 (H)(S)		230,000		23
7.625%, 02/28/2015 (H)(S)		1,280,000		320,000
Lloyds TSB Bank PLC
2.800%, 04/02/2012 (S)		650,000		667,025
4.375%, 01/12/2015		560,000		550,645
5.800%, 01/13/2020		450,000		435,444
Nordea Bank AB
4.875%, 01/27/2020		730,000		728,944
Royal Bank of Scotland Group PLC
6.400%, 10/21/2019		1,050,000		1,055,665
RSHB Capital SA for OJSC Russian
Agricultural Bank
7.125%, 01/14/2014		390,000		411,450
Santander US Debt SA
3.724%, 01/20/2015		500,000		497,359
UBS AG
3.875%, 01/15/2015		370,000		370,087
Wachovia Corp.
5.250%, 08/01/2014		1,040,000		1,099,645
5.750%, 02/01/2018		1,700,000		1,793,286

				9,120,498
Beverages - 0.33%
Anheuser-Busch InBev Worldwide, Inc.
5.375%, 01/15/2020		830,000		871,584
Building Materials - 0.38%
AMH Holdings, Inc.
11.250%, 03/01/2014		1,005,000		994,950
Chemicals - 0.02%
Arco Chemical Company
9.800%, 02/01/2020 (H)		75,000		60,375


The accompanying notes are an integral part of the financial statements.	241

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Coal - 0.07%
International Coal Group, Inc.
10.250%, 07/15/2014	$	180,000	$	183,600
Commercial Services - 0.50%
Altegrity, Inc.
10.500%, 11/01/2015 (S)		510,000		474,938
Ceridian Corp., PIK
12.250%, 11/15/2015		117,150		111,878
Rental Service Corp.
9.500%, 12/01/2014		700,000		677,250
Service Corp. International
7.500%, 04/01/2027		30,000		27,075

				1,291,141
Diversified Financial Services - 8.17%
Aiful Corp.
5.000%, 08/10/2010 (S)		290,000		274,413
American Express Company
8.125%, 05/20/2019		1,070,000		1,294,629
American General Finance Corp.
6.900%, 12/15/2017		280,000		200,830
Bank of America Corp.
5.420%, 03/15/2017		500,000		488,838
Bear Stearns Companies LLC
7.250%, 02/01/2018		1,780,000		2,064,691
CCM Merger, Inc.
8.000%, 08/01/2013 (S)		200,000		166,000
Citigroup, Inc.
5.000%, 09/15/2014		1,080,000		1,074,037
5.875%, 05/29/2037		490,000		430,787
6.010%, 01/15/2015		790,000		826,360
6.125%, 08/25/2036		50,000		43,001
6.875%, 03/05/2038		1,030,000		1,016,768
Countrywide Financial Corp.
6.250%, 05/15/2016		420,000		428,696
Credit Suisse USA, Inc.
5.500%, 08/16/2011		270,000		286,511
Dexia Credit Local
2.375%, 09/23/2011 (S)		460,000		471,527
El Paso Performance-Linked Trust
7.750%, 07/15/2011 (S)		980,000		1,021,866
Ford Motor Credit Company LLC
9.875%, 08/10/2011		225,000		236,029
12.000%, 05/15/2015		1,705,000		1,947,662
General Electric Capital Corp.
5.625%, 05/01/2018		760,000		781,515
General Electric Capital Corp.,	MTN
6.000%, 08/07/2019		1,400,000		1,464,758
HSBC Finance Capital Trust IX
5.911%, 11/30/2035 (P)		1,650,000		1,400,850
International Lease Finance Corp.
5.875%, 05/01/2013		815,000		699,805
Lehman Brothers Holdings, Inc.
4.500%, 07/26/2010 (H)		775,000		174,375
6.200%, 09/26/2014 (H)		290,000		65,250
6.750%, 12/28/2017 (H)		2,620,000		6,550
Merrill Lynch & Company, Inc.
5.700%, 05/02/2017		1,090,000		1,070,924
Morgan Stanley
0.701%, 10/18/2016		250,000		227,751
4.750%, 04/01/2014		990,000		1,006,321
Petroplus Finance, Ltd.
6.750%, 05/01/2014 (S)		110,000		92,950
7.000%, 05/01/2017 (S)		130,000		102,700
Shinsei Finance Cayman, Ltd.
6.418%, 01/29/2049 (P)(S)		850,000		463,250


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
The Goldman Sachs Group, Inc.
7.500%, 02/15/2019	$	820,000	$	938,486
TNK-BP Finance SA
6.625%, 03/20/2017		110,000		109,175
7.500%, 07/18/2016 (S)		350,000		372,750

				21,250,055
Electric - 1.96%
AES Corp.
7.750%, 10/15/2015		270,000		267,975
Edison Mission Energy
7.000%, 05/15/2017		120,000		87,900
7.625%, 05/15/2027		130,000		84,500
7.750%, 06/15/2016		300,000		240,000
Energy Future Holdings Corp., PIK
11.250%, 11/01/2017		1,746,000		1,222,200
Exelon Corp.
5.625%, 06/15/2035		170,000		157,992
FirstEnergy Corp.
6.450%, 11/15/2011		19,000		20,301
7.375%, 11/15/2031		675,000		729,882
Mirant Mid Atlantic LLC
10.060%, 12/30/2028		574,834		617,946
Mirant North America LLC
7.375%, 12/31/2013		300,000		298,875
Orion Power Holdings, Inc.
12.000%, 05/01/2010		170,000		171,063
Pacific Gas & Electric Company
6.050%, 03/01/2034		490,000		510,308
TXU Corp., Series R
6.550%, 11/15/2034		1,380,000		693,084

				5,102,026
Entertainment - 0.32%
Mohegan Tribal Gaming Authority
6.875%, 02/15/2015		150,000		104,250
7.125%, 08/15/2014		150,000		111,000
11.500%, 11/01/2017 (S)		100,000		104,000
Snoqualmie Entertainment Authority
4.136%, 02/01/2014 (P)(S)		45,000		30,600
9.125%, 02/01/2015 (S)		700,000		483,000

				832,850
Food - 0.37%
Dole Food Company, Inc.
8.000%, 10/01/2016 (S)		130,000		132,275
Kraft Foods, Inc.
5.375%, 02/10/2020		690,000		713,864
Kroger Company
6.150%, 01/15/2020		60,000		65,367
The Kroger Company
6.400%, 08/15/2017		40,000		44,799

				956,305
Forest Products & Paper - 0.38%
Abitibi-Consolidated Company of Canada
13.750%, 04/01/2011 (H)(S)		247,359		254,162
Appleton Papers, Inc.
11.250%, 12/15/2015 (S)		205,000		172,200
NewPage Corp.
11.375%, 12/31/2014		415,000		396,325
Smurfit Kappa Treasury Funding, Ltd.
7.500%, 11/20/2025		200,000		178,000

				1,000,687


The accompanying notes are an integral part of the financial statements.	242

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Healthcare Products - 0.05%
Biomet, Inc.
10.000%, 10/15/2017	$	40,000	$	43,700
Universal Hospital Services, Inc.
3.859%, 06/01/2015 (P)		50,000		42,250
Universal Hospital Services, Inc., PIK
8.500%, 06/01/2015		40,000		38,800

				124,750
Healthcare Services - 2.60%
HCA, Inc.
6.375%, 01/15/2015		265,000		249,100
7.500%, 11/06/2033 to 11/15/2095		1,440,000		1,247,608
9.125%, 11/15/2014		670,000		704,338
9.250%, 11/15/2016		1,140,000		1,209,825
Humana, Inc.
6.300%, 08/01/2018		685,000		705,662
Roche Holdings, Inc.
6.000%, 03/01/2019 (S)		570,000		630,450
Tenet Healthcare Corp.
6.875%, 11/15/2031		1,125,000		900,000
10.000%, 05/01/2018 (S)		125,000		137,500
U.S. Oncology Holdings, Inc., PIK
6.428%, 03/15/2012		475,000		446,500
U.S. Oncology, Inc.
9.125%, 08/15/2017		520,000		539,500

				6,770,483
Holding Companies - 0.00%
Leucadia National Corp.
7.125%, 03/15/2017		10,000		9,725
Home Furnishings - 0.06%
Norcraft Holdings Capital
9.750%, 09/01/2012		159,000		149,460
Household Products - 0.01%
American Greetings Corp.
7.375%, 06/01/2016		15,000		14,700
Insurance - 0.81%
American International Group, Inc., MTN
5.850%, 01/16/2018		160,000		129,194
Berkshire Hathaway, Inc.
3.200%, 02/11/2015		520,000		525,132
MetLife, Inc.
6.400%, 12/15/2036		1,290,000		1,109,400
Teachers Insurance & Annuity Association
of America
6.850%, 12/16/2039 (S)		320,000		344,853

				2,108,579
Internet - 0.00%
Semgroup LP
8.750%, 11/15/2049		200,000		0
Iron & Steel - 0.27%
Metals USA, Inc.
11.125%, 12/01/2015		450,000		454,500
Ryerson, Inc.
12.000%, 11/01/2015		140,000		143,850
Steel Dynamics, Inc., Gtd Sr Note
7.375%, 11/01/2012		110,000		111,925

				710,275
Lodging - 0.68%
Boyd Gaming Corp.
6.750%, 04/15/2014		200,000		170,250
Harrah’s Operating Company, Inc.
10.750%, 02/01/2016		520,000		400,400


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Lodging (continued)
Harrah’s Operating Company, Inc. (continued)
11.250%, 06/01/2017	$	730,000	$	757,375
Inn of the Mountain Gods Resort & Casino
12.000%, 11/15/2010 (H)		190,000		92,150
MGM Mirage, Inc.
6.625%, 07/15/2015		20,000		15,800
10.375%, 05/15/2014 (S)		170,000		180,200
11.125%, 11/15/2017 (S)		110,000		118,800
Station Casinos, Inc.
7.750%, 08/15/2016 (H)		240,000		34,800

				1,769,775
Media - 2.75%
CCH II LLC / CCH II Capital Corp.
13.500%, 11/30/2016		192,388		225,334
Charter Communications, Inc.
10.875%, 09/15/2014 (S)		880,000		980,100
Comcast Corp.
5.700%, 05/15/2018		1,600,000		1,699,549
6.500%, 01/15/2015		460,000		522,051
CSC Holdings, Inc.
6.750%, 04/15/2012		250,000		259,375
8.500%, 06/15/2015 (S)		125,000		131,250
DISH DBS Corp.
7.750%, 05/31/2015		515,000		534,313
SuperMedia, Inc.
8.000%, 11/15/2016		1,045,000		18,288
Time Warner Cable, Inc.
7.300%, 07/01/2038		590,000		669,128
8.750%, 02/14/2019		600,000		746,773
TL Acquisitions, Inc.
10.500%, 01/15/2015 (S)		490,000		446,513
Univision Communications, Inc.
12.000%, 07/01/2014 (S)		720,000		779,400
UPC Holding BV
9.875%, 04/15/2018 (S)		130,000		135,200

				7,147,274
Mining - 1.20%
Freeport-McMoRan Copper & Gold, Inc.
8.375%, 04/01/2017		850,000		922,250
Rio Tinto Finance USA, Ltd.
9.000%, 05/01/2019		850,000		1,101,514
Teck Resources, Ltd.
9.750%, 05/15/2014		145,000		171,100
10.250%, 05/15/2016		160,000		190,800
Vale Overseas, Ltd.
6.875%, 11/21/2036		467,000		474,115
Vedanta Resources PLC
8.750%, 01/15/2014 (S)		260,000		274,300

				3,134,079
Miscellaneous Manufacturers - 0.22%
Tyco International Group SA
6.375%, 10/15/2011		180,000		193,581
6.750%, 02/15/2011		360,000		378,945

				572,526
Oil & Gas - 4.86%
Anadarko Finance Company
7.500%, 05/01/2031		330,000		371,722
Anadarko Petroleum Corp.
5.950%, 09/15/2016		50,000		54,669
8.700%, 03/15/2019		630,000		791,999
Belden & Blake Corp.
8.750%, 07/15/2012		725,000		667,000


The accompanying notes are an integral part of the financial statements.	243

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Oil & Gas (continued)
Berry Petroleum Company
10.250%, 06/01/2014	$	250,000	$	271,875
Chesapeake Energy Corp.
6.250%, 01/15/2018		90,000		83,925
6.500%, 08/15/2017		90,000		85,500
7.250%, 12/15/2018		525,000		517,125
Conoco, Inc.
6.950%, 04/15/2029		930,000		1,076,117
Corral Petroleum Holdings AB, PIK
1.751%, 04/15/2010 (P)(S)		110,252		88,477
Hess Corp.
8.125%, 02/15/2019		1,290,000		1,576,930
Kerr-McGee Corp.
6.950%, 07/01/2024		490,000		555,052
Mariner Energy, Inc.
7.500%, 04/15/2013		80,000		80,000
Occidental Petroleum Corp.
7.000%, 11/01/2013		570,000		666,195
Pemex Project Funding Master Trust
6.625%, 06/15/2035		2,699,000		2,576,355
Petrobras International Finance Company
5.750%, 01/20/2020		375,000		378,263
PetroHawk Energy Corp.
9.125%, 07/15/2013		120,000		124,800
Plains Exploration & Production Company
8.625%, 10/15/2019		195,000		202,313
10.000%, 03/01/2016		240,000		261,000
Quicksilver Resources, Inc.
7.125%, 04/01/2016		250,000		232,500
11.750%, 01/01/2016		120,000		136,200
SandRidge Energy, Inc.
9.875%, 05/15/2016 (S)		610,000		629,825
W&T Offshore, Inc.
8.250%, 06/15/2014 (S)		105,000		98,700
Whiting Petroleum Corp.
7.000%, 02/01/2014		375,000		378,750
XTO Energy, Inc.
5.500%, 06/15/2018		670,000		729,381

				12,634,673
Oil & Gas Services - 0.11%
Cie Generale de Geophysique-Veritas
7.500%, 05/15/2015		50,000		49,000
Complete Production Services, Inc.
8.000%, 12/15/2016		235,000		228,538

				277,538
Packaging & Containers - 0.00%
Radnor Holdings, Inc.
11.000%, 03/15/2010 (H)		125,000		13
Pipelines - 2.73%
Dynegy Holdings, Inc.
7.750%, 06/01/2019		330,000		259,050
El Paso Corp.
7.375%, 12/15/2012		475,000		500,568
7.750%, 01/15/2032		145,000		140,104
7.800%, 08/01/2031		1,779,000		1,728,459
El Paso Natural Gas Company
8.375%, 06/15/2032		480,000		567,281
Energy Transfer Partners LP
9.000%, 04/15/2019		810,000		996,625
Enterprise Products Operating LP
6.300%, 09/15/2017		910,000		1,008,022
Kinder Morgan Energy Partners LP
5.000%, 12/15/2013		140,000		151,071


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Pipelines (continued)
Kinder Morgan Energy Partners LP (continued)
5.950%, 02/15/2018	$	940,000	$	1,013,678
6.750%, 03/15/2011		100,000		105,600
7.125%, 03/15/2012		20,000		22,057
Williams Companies, Inc.
7.875%, 09/01/2021		204,000		249,917
8.750%, 03/15/2032		198,000		250,336
Williams Partners LP
5.250%, 03/15/2020 (S)		100,000		101,612

				7,094,380
Real Estate - 0.29%
Ashton Woods USA LLC, 0.00% Steps up
to 11.000% on 06/30/2012
maturing at 06/30/2015 (S)		39,000		14,625
Realogy Corp.
10.500%, 04/15/2014		711,000		593,685
Realogy Corp., PIK
11.000%, 04/15/2014		840		689
Ventas Realty LP
6.750%, 04/01/2017		150,000		150,000

				758,999
Real Estate - 0.01%
Ventas Realty LP
6.500%, 06/01/2016		35,000		34,913
Retail - 2.35%
Blockbuster, Inc.
11.750%, 10/01/2014 (S)		532,000		383,040
CVS Caremark Corp.
6.600%, 03/15/2019		670,000		751,802
9.350%, 01/10/2023 (S)		1,900,000		1,884,211
CVS Pass-Through Trust
6.036%, 12/10/2028		434,113		433,570
El Pollo Loco, Inc.
11.750%, 11/15/2013		415,000		371,425
Michaels Stores, Inc.
10.000%, 11/01/2014		920,000		933,800
Sbarro, Inc.
10.375%, 02/01/2015		160,000		130,800
The Neiman Marcus Group, Inc., PIK
9.000%, 10/15/2015		1,085,344		1,069,064
Wal-Mart Stores, Inc.
5.800%, 02/15/2018		140,000		157,095

				6,114,807
Semiconductors - 0.00%
Freescale Semiconductor, Inc.
10.125%, 12/15/2016		10,000		7,800
Telecommunications - 3.80%
ALLTEL Communications LLC, PIK
10.375%, 12/01/2017 (S)		130,000		154,459
AT&T, Inc.
5.600%, 05/15/2018		310,000		330,670
5.800%, 02/15/2019		1,600,000		1,711,293
CC Holdings GS V LLC
7.750%, 05/01/2017 (S)		320,000		346,400
Cincinnati Bell Telephone Company LLC
6.300%, 12/01/2028		95,000		73,625
Cricket Communications, Inc.
7.750%, 05/15/2016		505,000		513,206
Deutsche Telekom International
Finance BV
5.750%, 03/23/2016		430,000		464,274


The accompanying notes are an integral part of the financial statements.	244

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications (continued)
Hawaiian Telcom Communications, Inc.
12.500%, 05/01/2015 (H)	$	110,000	$	11
Intelsat Corp.
9.250%, 08/15/2014		280,000		288,400
Intelsat Jackson Holdings SA
11.250%, 06/15/2016		510,000		544,425
Koninklijke (Royal) KPN NV
8.375%, 10/01/2030		650,000		810,415
Level 3 Financing, Inc.
9.250%, 11/01/2014		100,000		94,750
Nordic Telephone Company Holdings
8.875%, 05/01/2016 (S)		500,000		535,000
Qwest Communications International, Inc.
8.000%, 10/01/2015 (S)		145,000		150,075
Qwest Corp.
3.504%, 06/15/2013 (P)		90,000		88,200
SBA Telecommunications, Inc.
8.250%, 08/15/2019 (S)		25,000		26,250
Telecom Italia Capital SA
5.250%, 10/01/2015		500,000		524,758
True Move Company, Ltd.
10.750%, 12/16/2013 (S)		195,000		196,950
Verizon Communications, Inc.
5.500%, 02/15/2018		470,000		497,150
8.950%, 03/01/2039		460,000		626,922
Verizon Wireless Capital LLC
8.500%, 11/15/2018		580,000		730,483
VIP Finance Ireland, Ltd. for OJSC
Vimpel Communications
8.375%, 04/30/2013 (S)		100,000		107,000
Virgin Media Finance PLC
9.125%, 08/15/2016		590,000		609,175
9.500%, 08/15/2016		195,000		206,700
Windstream Corp.
8.625%, 08/01/2016		255,000		259,463

				9,890,054
Transportation - 0.40%
Kansas City Southern de Mexico SA
de CV
7.625%, 12/01/2013		50,000		49,875
RailAmerica, Inc.
9.250%, 07/01/2017		945,000		991,069

				1,040,944

TOTAL CORPORATE BONDS (Cost $116,044,543)			$	108,787,998


COLLATERALIZED MORTGAGE
OBLIGATIONS - 10.77%
Banc of America Commercial Mortgage,
Inc., Series 2006-1, Class A4
5.372%, 09/10/2045 (P)		330,000		335,649
Bear Stearns Structured Products, Inc.,
Series 2007-EMX1, Class A1
1.229%, 03/25/2037 (P)(S)		2,452,566		2,222,089
Commercial Mortgage Asset Trust,
Series 1999-C1, Class C
7.350%, 01/17/2032		295,000		315,384
Commercial Mortgage Pass-Through
Certificates, Series 2001-J2A, Class A1
5.447%, 07/16/2034 (S)		205,708		211,317
Countrywide Alternative Loan Trust,
Series 2006-OA9, Class 2A1B
0.429%, 07/20/2046 (P)		1,217,420		517,879


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Countrywide Home Loans,
Series 2006-HYB3, Class 2A1A
5.639%, 05/20/2036 (P)	$	97,606	$	67,305
Credit Suisse Mortgage Capital
Certificates, Series 2006-C1, Class A4
5.548%, 02/15/2039 (P)		570,000		586,037
First Boston Mortgage Securities Corp.,
Series D, Class I-O
10.965%, 05/25/2017 IO		6,985		949
First Union National Bank Commercial
Mortgage, Series 2000-C1,
0.789%, 05/17/2032 (P)		3,574,306		96,992
GMAC Mortgage Corp Loan Trust,
Series 2004-AR1, Class 24A
5.068%, 06/25/2034 (P)		673,032		587,776
GSR Mortgage Loan Trust,
Series 2004-7, Class 4A1
4.851%, 06/25/2034 (P)		532,539		469,846
GSRPM Mortgage Loan Trust,
Series 2003-1, Class A3
0.729%, 01/25/2032 (P)		47,046		41,494
Harborview Mortgage Loan Trust,
Series 2007-7, Class 2A1A
1.229%, 11/25/2047 (P)		2,191,410		1,266,328
Impac CMB Trust,
Series 2003-4, Class 1A1
0.869%, 10/25/2033 (P)		34,820		22,440
IndyMac Index Mortgage Loan Trust
Series 2006-AR6, Class 2A1A,
0.429%, 06/25/2047		2,645,208		1,303,257
Series 2005-AR14, Class 2A1A,
0.529%, 07/25/2035		1,020,911		595,817
Series 2007-AR15, Class 2A1,
5.608%, 08/25/2037		2,211,221		1,288,990
Indymac Index Mortgage Loan Trust,
Series 2007-AR5, Class 2A1
5.631%, 05/25/2037 (P)		1,516,427		776,709
JPMorgan Mortgage Trust,
Series 2005-A6, Class 7A1
4.957%, 08/25/2035 (P)		72,887		61,599
LB-UBS Commercial Mortgage Trust,
Series 2006-C6, Class A4
5.372%, 09/15/2039		2,200,000		2,218,860
Luminent Mortgage Trust,
Series 2006-4, Class A1A
0.419%, 05/25/2046 (P)		1,247,708		642,612
Master Adjustable Rate Mortgages Trust
Series 2007-3, Class 12A1,
0.429%, 05/25/2047 (P)		3,347,019		1,701,795
Series 2006-OA1, Class 1A1,
0.439%, 04/25/2046 (P)		2,091,880		1,067,812
Series 2006-2, Class 3A1,
4.837%, 01/25/2036 (P)		89,702		76,006
Series 2007-R5, Class A1,
5.596%, 11/25/2035 (P)		1,256,623		713,900
MASTR Asset Securitization Trust,
Series 2003-6, Class 1A1
5.500%, 07/25/2033		925,429		898,389
Merit Securities Corp.,
Series 11PA, Class B2
1.729%, 09/28/2032 (P)(S)		236,423		195,935
Merrill Lynch Mortgage Trust,
Series 2006-C1, Class A4
5.656%, 05/12/2039 (P)		900,000		923,154


The accompanying notes are an integral part of the financial statements.	245

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Morgan Stanley Mortgage Loan Trust,
Series 2004-8AR, Class 4A1
2.937%, 10/25/2034 (P)	$	487,079	$	393,187
Novastar Mortgage-Backed Notes,
Series 2006-MTA1, Class 2A1A
0.419%, 09/25/2046 (P)		1,220,261		672,634
Prime Mortgage Trust,
Series 2006-DR1, Class 2A2
6.000%, 05/25/2035 (S)		1,651,664		1,225,278
Residential Asset Securitization Trust,
Series 2004-A6, Class A1
5.000%, 08/25/2019		464,448		443,113
Structured Asset Mortgage
Investments, Inc.
Series 2006-AR6, Class 1A3,
0.419%, 07/25/2046 (P)		1,587,993		776,355
Series 2005-AR3, Class 2A1,
3.460%, 08/25/2035 (P)		86,854		56,325
Thornburg Mortgage Securities Trust
Series 2007-4, Class 3A1,
6.192%, 09/25/2037 (P)		1,225,611		1,056,067
Series 2007-4, Class 2A1,
6.201%, 09/25/2037 (P)		1,199,907		1,075,749
WaMu Mortgage Pass Through Certificates
Series 2007-OA6, Class 1A1B,
1.281%, 07/25/2047 (P)		3,890,798		1,105,252
Series 2007-HY3, Class 4A1,
5.313%, 03/25/2037 (P)		1,455,943		1,204,445
WaMu Mortgage Pass-Through
Certificates,
Series 2005-AR17, Class A1A1
0.499%, 12/25/2045 (P)		1,067,295		795,291

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $37,369,751)			$	28,010,016


ASSET BACKED SECURITIES - 6.78%
ACE Securities Corp.,
Series 2006-GP1, Class A
0.359%, 02/25/2031 (P)		660,230		536,885
Amortizing Residential Collateral Trust,
Series 2002-BC6, Class M2
2.029%, 08/25/2032 (P)		51,762		17,373
Asset Backed Securities Corp.,
Series 2003-HE2, Class M2
3.082%, 04/15/2033 (P)		43,308		14,199
Bear Stearns Asset Backed Securities Trust
Series 2006-IM1, Class A1,
0.459%, 04/25/2036 (P)		1,401,520		646,777
Series 2007-HE6, Class 1A1,
1.479%, 08/25/2037 (P)		1,577,145		1,095,081
Bear Stearns Asset Backed Securities, Inc.
Series 2003-ABF1, Class A,
0.599%, 01/25/2034 (P)		31,402		19,924
Series 2007-SD1, Class 1A2A,
6.000%, 10/25/2036		2,284,829		1,268,663
Series 2007-SD1, Class 1A3A,
6.500%, 10/25/2036		2,332,530		1,212,274
Countrywide Asset-Backed Certificates,
Series 2007-SD1, Class A1
0.679%, 03/25/2047 (P)		479,954		203,956
Ellington Loan Acquisition Trust
Series 2007-1, Class A2A1,
1.229%, 05/26/2037 (P)(S)		1,390,886		1,211,238
Series 2007-1, Class A2C,
1.479%, 05/29/2037 (P)(S)		2,300,000		1,021,185


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
EMC Mortgage Loan Trust,
Series 2003-B, Class A1
0.779%, 11/25/2041 (P)(S)	$	146,623	$	127,700
GSAMP Trust, Series 2006-S4, Class A1
0.319%, 05/25/2036 (P)		392,020		30,234
IndyMac Seconds Asset Backed Trust,
Series 2006-A, Class A
0.359%, 06/25/2036 (P)		1,383,928		136,597
Merrill Lynch First Franklin Mortgage
Loan Trust, Series 2007-H1, Class 2A1
1.729%, 10/25/2037 (P)		2,688,714		1,948,011
Mid State Trust, Series 6, Class A1
7.340%, 07/01/2035		469,931		469,888
Morgan Stanley Mortgage Loan Trust,
Series 2006-4SL, Class A1
0.379%, 03/25/2036 (P)		736,133		181,751
Nelnet Student Loan Trust,
Series 2008-4, Class A4
1.729%, 04/25/2024 (P)		810,000		851,805
RAAC Series, Series 2007-RP3,
Class A ,Class A
0.609%, 10/25/2046 (P)(S)		1,334,610		775,688
Residential Asset Mortgage Products Inc.,
Series 2003-RS4, Class AIIB
0.889%, 05/25/2033		27,645		17,120
SACO I Trust, Inc.
Series 2006-6, Class A,
0.359%, 06/25/2036 (P)		787,056		144,377
Series 2006-5, Class 2A3,
0.409%, 05/25/2036 (P)		1,068,160		57,690
Series 2006-5, Class 1A,
0.529%, 04/25/2036 (P)		1,219,622		204,131
Sail Net Interest Margin Notes,
Series 2004-2A, Class A ,Class A
5.500%, 03/27/2034 (S)		23,428		0
Securitized Asset Backed Receivables
LLC, Series 2007-BR2,
Class A2 ,Class A2
0.459%, 02/25/2037 (P)		2,750,647		1,249,655
Structured Asset Securities Corp.
Series 2006-ARS1, Class A1,
0.339%, 02/25/2036 (P)(S)		798,062		39,214
Series 2008-BC4, Class A3,
0.479%, 11/25/2037 (P)		789,009		733,634
Series 2005-RF1, Class A,
0.579%, 03/25/2035 (P)(S)		1,519,443		1,155,515
Series 2005-RF2, Class A,
0.579%, 04/25/2035 (P)(S)		1,471,936		1,136,378
Series 2005-RF3, Class 1A,
0.579%, 06/25/2035 (P)(S)		1,511,106		1,133,867

TOTAL ASSET BACKED SECURITIES (Cost $30,015,389)			$	17,640,810


MUNICIPAL BONDS - 0.20%
California - 0.20%
State of California
7.300%, 10/01/2039		550,000		525,712

TOTAL MUNICIPAL BONDS (Cost $554,527)			$	525,712


SUPRANATIONAL OBLIGATIONS - 0.38%
Venezuela - 0.38%
Corporacion Andina de Fomento
6.875%, 03/15/2012		916,000		999,999

TOTAL SUPRANATIONAL OBLIGATIONS (Cost $984,820)			$	999,999


The accompanying notes are an integral part of the financial statements.	246

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Strategic Bond Fund (continued)
	Shares or
	Principal
	Amount		Value



COMMON STOCKS - 0.26%
Energy - 0.01%
Semgroup LP, Class A	518	$	12,549
Materials - 0.09%
Georgia Gulf Corp. (I)	13,907		198,453
Nortek, Inc.	1,147		42,444

			240,897
Media - 0.16%
Charter Communications, Inc., Class A	12,579		374,225
SuperMedia, Inc.	825		34,633

			408,858

TOTAL COMMON STOCKS (Cost $1,718,747)		$	662,304


PREFERRED STOCKS - 1.16%
Automobiles & Components - 0.20%
Motors Liquidation Company.,
Series C 6.250%	76,275		513,331
Diversified Financials - 0.96%
Citigroup, Inc. 7.500%	1,600		171,616
Federal Home Loan Mortgage Corp.,
Series Z 0.00% (I)	56,575		64,496
Federal Home Loan Mortgage
Corp., 5.570% (I)	121,625		105,814
Federal National Mortgage Association,
Series S 0.00% (I)	39,250		42,390
GMAC, Inc. 7.000% (S)	2,440		1,726,986
Resona Preferred Global
Securities, Ltd. 7.191% (S)	440,000		399,182

			2,510,484

TOTAL PREFERRED STOCKS (Cost $7,488,524)		$	3,023,815


TERM LOANS - 1.90%
Commercial Services - 1.41%
Aramark Corp.
7.578%, 01/31/2014 (P)	1,452,418		1,385,491
First Data Corp.
5.926%, 10/15/2014 (P)	949,692		828,210
Hertz Corp.
2.253%, 12/21/2012 (P)	1,490,511		1,454,313

			3,668,014
Semiconductors - 0.49%
Freescale Semiconductor, Inc.
1.980%, 12/01/2013 (P)	1,374,750		1,265,201

TOTAL TERM LOANS (Cost $4,848,423)		$	4,933,215


WARRANTS - 0.01%
Industrials - 0.00%
Nortek, Inc. (Expiration
Date: 12/07/2014) (I)	996		12,689
Energy - 0.00%
Semgroup LP (Expiration
Date: 11/30/2014) (I)	544		3,264
Consumer Discretionary - 0.01%
Buffets Restaurants Holdings, Inc.
(Expiration Date: 04/28/2014) (I)	164		0
Charter Communications, Inc., Class A
(Expiration Date: 11/30/2014; Strike
Price: 51.28) (I)	3,501		14,004

			14,004

TOTAL WARRANTS (Cost $23,209)		$	29,957


Strategic Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


OPTIONS PURCHASED - 0.00%
Puts - 0.00%
Over The Counter Purchase Call on the
EUR vs USD (Expiration Date:
09/13/2010; Strike Price: 98.63) (I)	$	115,000	$	2,875

TOTAL OPTIONS PURCHASED (Cost $15,100)			$	2,875


SHORT-TERM INVESTMENTS - 12.30%
Repurchase Agreement - 12.30%
JPMorgan Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.06% to be
repurchased at $25,900,130 on
03/01/2010, collateralized by
$26,162,000 Federal National Mortgage
Association, 2.186% due 05/07/2012
(valued at $26,418,000,
including interest)	$	25,900,000		25,900,000
Bank of America Tri-Party Repurchase
Agreement dated 02/26/2010 at 0.08%
to be repurchased at $6,100,041 on
03/01/2010, collateralized by
$6,184,000 U.S. Treasury Notes, 0.875%
due 01/31/2011 (valued at 6,222,000,
including interest)		6,100,000		6,100,000

				32,000,000

TOTAL SHORT-TERM INVESTMENTS (Cost $32,000,000)			$	32,000,000

Total Investments (Strategic Bond Fund)
(Cost $320,848,097) - 110.47%			$	287,424,579
Other assets and liabilities, net - (10.47%)				(27,242,712)

TOTAL NET ASSETS - 100.00%			$	260,181,867





Total Bond Market Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 71.86%
U.S. Treasury Bonds - 2.96%
4.250%, 05/15/2039	$	3,540,000	$	3,380,700
4.375%, 02/15/2038		2,000		1,960
4.500%, 05/15/2038 to 08/15/2039		5,405,000		5,398,032
5.250%, 02/15/2029		1,875,000		2,083,009
6.750%, 08/15/2026		700,000		904,859
7.125%, 02/15/2023		1,100,000		1,441,172
7.500%, 11/15/2024		650,000		888,164
7.875%, 02/15/2021		900,000		1,231,735
8.125%, 08/15/2021		1,300,000		1,815,532

				17,145,163
U.S. Treasury Notes - 27.85%
0.750%, 11/30/2011		4,600,000		4,606,647
0.875%, 02/28/2011 to 04/30/2011		24,300,000		24,432,506
1.000%, 09/30/2011		4,000,000		4,026,408
1.125%, 06/30/2011 to 12/15/2012		25,200,000		25,267,465
1.375%, 10/15/2012 to 01/15/2013		17,750,000		17,825,216
1.500%, 07/15/2012		7,100,000		7,186,535
1.750%, 01/31/2014 to 03/31/2014		9,520,000		9,474,532
1.875%, 02/28/2014 to 04/30/2014		1,900,000		1,899,462
2.125%, 11/30/2014		7,930,000		7,917,613
2.375%, 09/30/2014		9,000,000		9,108,981
2.625%, 02/29/2016		13,700,000		13,640,063
2.750%, 10/31/2013 to 02/15/2019		20,500,000		20,791,130


The accompanying notes are an integral part of the financial statements.	247

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
U.S. Treasury Notes (continued)
3.125%, 05/15/2019	$	700,000	$	677,961
3.250%, 07/31/2016		5,500,000		5,632,341
3.375%, 11/15/2019		3,000,000		2,947,734
3.625%, 08/15/2019		920,000		924,600
3.750%, 11/15/2018		4,868,000		4,982,096

				161,341,290
Federal Farm Credit Bank - 0.29%
3.875%, 10/07/2013		775,000		829,183
4.875%, 12/16/2015		780,000		861,616

				1,690,799
Federal Home Loan Bank - 1.21%
1.625%, 07/27/2011		2,600,000		2,634,806
3.875%, 06/14/2013		3,030,000		3,237,094
5.000%, 11/17/2017		1,020,000		1,123,952

				6,995,852
Federal Home Loan Mortgage Corp. - 12.42%
3.750%, 06/28/2013		1,950,000		2,081,438
3.875%, 06/29/2011		2,000,000		2,086,994
4.000%, 08/01/2024 to 04/01/2039		2,457,952		2,446,778
4.125%, 09/27/2013		2,500,000		2,697,768
4.500%, 07/01/2023 to 11/01/2039		13,662,460		13,981,573
5.000%, 07/01/2035 to 09/01/2039		14,891,564		15,516,004
5.500%, 08/23/2017 to 11/01/2038		16,032,811		17,060,015
6.000%, 06/01/2035 to 10/01/2038		9,131,352		9,844,781
6.250%, 07/15/2032		150,000		177,465
6.500%, 08/01/2038		2,117,416		2,288,216
6.750%, 09/15/2029		2,100,000		2,612,686
7.000%, 11/01/2037		1,070,364		1,142,655

				71,936,373
Federal National Mortgage Association - 21.69%
1.375%, 04/28/2011		1,100,000		1,110,975
2.568%, 01/01/2035 (P)		830,670		853,140
3.250%, 04/09/2013		4,000,000		4,195,968
3.875%, 07/12/2013		2,000,000		2,147,106
4.000%, 07/01/2018 to 08/01/2039		8,943,213		8,948,664
4.375%, 10/15/2015		2,000,000		2,160,588
4.500%, 04/01/2018 to 01/01/2040		16,381,151		16,721,167
4.838%, 04/01/2036 (P)		1,421,298		1,488,770
4.938%, 07/01/2034 (P)		1,811,453		1,909,950
5.000%, 05/01/2019 to 12/01/2039		19,985,990		20,859,580
5.063%, 09/01/2037 (P)		1,830,653		1,925,045
5.500%, 09/01/2017 to 04/01/2038		25,146,142		26,644,098
5.501%, 05/01/2036 (P)		449,484		472,169
5.663%, 04/01/2037 (P)		1,856,443		1,957,387
5.847%, 04/01/2037 (P)		1,785,193		1,882,263
5.994%, 10/01/2037 (P)		1,342,666		1,415,674
6.000%, 08/01/2023 to 03/01/2038		18,637,474		19,939,494
6.125%, 03/15/2012		500,000		552,387
6.500%, 07/01/2031 to 10/01/2038		6,158,657		6,614,935
6.625%, 11/15/2030		2,000,000		2,452,272
7.000%, 10/01/2038		1,132,955		1,217,971
7.250%, 05/15/2030		150,000		195,513

				125,665,116
Government National Mortgage Association - 5.26%
4.000%, 07/15/2039		473,191		468,477
4.500%, 06/15/2023 to 11/20/2039		6,939,957		7,078,633
5.000%, 11/20/2038 to 09/15/2039		5,029,567		5,248,390
5.500%, 08/15/2023 to 09/20/2039		8,005,885		8,490,384
6.000%, 07/20/2037 to 10/15/2038		4,988,336		5,337,765
6.500%, 10/20/2038		1,217,770		1,311,433


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
Government National Mortgage Association (continued)
5.000%, 11/20/2039	$	2,445,157	$	2,549,936

				30,485,018
Tennessee Valley Authority - 0.12%
6.750%, 11/01/2025		580,000		699,675
The Financing Corp. - 0.06%
8.600%, 09/26/2019		265,000		357,908

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $406,083,054)			$	416,317,194


FOREIGN GOVERNMENT
OBLIGATIONS - 1.62%
Austria - 0.07%
Government of Austria
5.000%, 05/19/2014 (S)		364,000		396,216
Brazil - 0.27%
Federative Republic of Brazil
5.875%, 01/15/2019		720,000		775,800
6.000%, 01/17/2017		400,000		436,400
7.125%, 01/20/2037		300,000		339,000

				1,551,200
Canada - 0.56%
Canada Government International Bond
2.375%, 09/10/2014		110,000		110,809
Export Development Canada
3.500%, 05/16/2013		240,000		252,707
Government of Canada
5.000%, 02/15/2012		160,000		170,670
5.125%, 01/26/2017		245,000		268,981
5.200%, 02/21/2017		200,000		220,285
6.500%, 01/15/2026		260,000		304,547
7.500%, 07/15/2023 to 09/15/2029		605,000		774,951
Hydro-Quebec
6.300%, 05/11/2011		400,000		425,895
8.400%, 01/15/2022		50,000		65,374
Province of Ontario
4.500%, 02/03/2015		500,000		537,755
Province of Saskatchewan
8.000%, 02/01/2013		115,000		135,055

				3,267,029
Israel - 0.07%
Government of Israel
5.125%, 03/26/2019		210,000		217,885
5.500%, 09/18/2023		195,000		215,801

				433,686
Italy - 0.16%
Republic of Italy
6.875%, 09/27/2023		815,000		942,936
Japan - 0.04%
Development Bank of Japan
5.125%, 02/01/2017		100,000		109,806
Japan Finance Corp. Municipal Enterprises
4.625%, 04/21/2015		100,000		108,254

				218,060
Mexico - 0.21%
Government of Mexico
5.950%, 03/19/2019		1,111,000		1,188,770
Norway - 0.04%
Eksportfinans AS
5.500%, 06/26/2017		200,000		218,663


The accompanying notes are an integral part of the financial statements.	248

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


FOREIGN GOVERNMENT
OBLIGATIONS (continued)
Peru - 0.10%
Republic of Peru
7.125%, 03/30/2019	$	490,000	$	568,400
Sweden - 0.10%
Svensk Exportkredit AB
3.250%, 09/16/2014		400,000		409,451
4.875%, 09/29/2011		165,000		174,959

				584,410

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $9,124,556)			$	9,369,370


CORPORATE BONDS - 19.53%
Aerospace & Defense - 0.33%
Boeing Company
8.750%, 09/15/2031		275,000		364,520
General Dynamics Corp.
5.250%, 02/01/2014		265,000		293,641
Lockheed Martin Corp., Series B
6.150%, 09/01/2036		250,000		267,786
Northrop Grumman Systems Corp.
7.750%, 03/01/2016		225,000		271,269
United Technologies Corp.
5.375%, 12/15/2017		285,000		311,326
6.125%, 02/01/2019		350,000		394,902

				1,903,444
Agriculture - 0.19%
Altria Group, Inc.
8.500%, 11/10/2013		255,000		299,541
Archer-Daniels-Midland Company
7.000%, 02/01/2031		150,000		174,042
Cargill, Inc.
7.350%, 03/06/2019 (S)		250,000		292,390
Philip Morris International, Inc.
6.875%, 03/17/2014		270,000		311,291

				1,077,264
Auto Manufacturers - 0.05%
Daimler Finance North America LLC
5.875%, 03/15/2011		285,000		296,844
Banks - 2.16%
American Express Bank FSB
3.150%, 12/09/2011		205,000		213,198
6.000%, 09/13/2017		405,000		429,217
Bank One Corp.
7.875%, 08/01/2010		485,000		499,570
Barclays Bank PLC
5.125%, 01/08/2020		340,000		333,842
5.450%, 09/12/2012		290,000		314,566
BB&T Corp.
5.200%, 12/23/2015		290,000		303,723
Deutsche Bank AG
3.875%, 08/18/2014		380,000		391,422
4.875%, 05/20/2013		575,000		618,270
Dresdner Bank AG
7.250%, 09/15/2015		220,000		234,542
FleetBoston Financial Corp.
6.700%, 07/15/2028		317,000		316,254
Keycorp
6.500%, 05/14/2013		305,000		325,214
Kreditanstalt fuer Wiederaufbau
3.250%, 03/15/2013		780,000		816,277
4.375%, 03/15/2018		1,040,000		1,091,856
5.125%, 03/14/2016		450,000		500,709


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Banks (continued)
Landwirtschaftliche Rentenbank
3.875%, 03/15/2010	$	360,000	$	360,194
5.125%, 02/01/2017		210,000		231,540
Oesterreichische Kontrollbank AG
2.875%, 03/15/2011		190,000		195,038
4.875%, 02/16/2016		329,000		351,945
Royal Bank of Scotland Group PLC
5.000%, 11/12/2013		300,000		280,642
SunTrust Banks, Inc.
6.000%, 09/11/2017		290,000		294,496
Union Bank NA
5.950%, 05/11/2016		250,000		264,283
US Bank NA, BKNT
6.375%, 08/01/2011		200,000		214,486
Wells Fargo & Company
3.000%, 12/09/2011		350,000		363,015
3.750%, 10/01/2014		1,100,000		1,113,268
5.000%, 11/15/2014		290,000		303,587
5.625%, 12/11/2017		515,000		542,595
6.375%, 08/01/2011		590,000		627,944
Wells Fargo Bank NA
5.950%, 08/26/2036		485,000		460,280
6.450%, 02/01/2011		500,000		528,430

				12,520,403
Beverages - 0.45%
Anheuser-Busch InBev Worldwide, Inc.
6.875%, 11/15/2019 (S)		300,000		345,532
7.750%, 01/15/2019 (S)		290,000		349,071
Bottling Group LLC
5.125%, 01/15/2019		290,000		305,066
Brown-Forman Corp.
5.000%, 02/01/2014		290,000		316,266
Coca-Cola Enterprises, Inc.
8.500%, 02/01/2022		255,000		334,629
Diageo Capital PLC
7.375%, 01/15/2014		240,000		282,621
PepsiCo, Inc.
5.500%, 01/15/2040		230,000		233,415
7.900%, 11/01/2018		195,000		243,871
SABMiller PLC
6.500%, 07/15/2018 (S)		200,000		222,605

				2,633,076
Biotechnology - 0.03%
Amgen, Inc.
5.700%, 02/01/2019		145,000		157,430
Building Materials - 0.02%
CRH America, Inc.
8.125%, 07/15/2018		100,000		118,215
Chemicals - 0.26%
Agrium, Inc.
6.750%, 01/15/2019		250,000		279,620
E.I. Du Pont de Nemours & Company
5.750%, 03/15/2019		260,000		284,103
5.875%, 01/15/2014		265,000		297,194
Potash Corp. of Saskatchewan, Inc.
4.875%, 03/30/2020		60,000		60,149
The Dow Chemical Company
5.700%, 05/15/2018		140,000		145,465
5.900%, 02/15/2015		150,000		162,401
9.400%, 05/15/2039		130,000		172,421


The accompanying notes are an integral part of the financial statements.	249

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Chemicals (continued)
The Sherwin-Williams Company
3.125%, 12/15/2014	$	110,000	$	110,880

				1,512,233
Computers - 0.27%
Dell, Inc.
4.700%, 04/15/2013		225,000		242,441
Hewlett-Packard Company
4.750%, 06/02/2014		240,000		260,211
International Business Machines Corp.
5.600%, 11/30/2039		300,000		309,257
6.500%, 10/15/2013		665,000		767,335

				1,579,244
Cosmetics & Personal Care - 0.06%
The Procter & Gamble Company
4.600%, 01/15/2014		345,000		373,025
Diversified Financial Services - 4.69%
American Express Credit Company, Series C
7.300%, 08/20/2013		240,000		270,985
Bank of America Corp.
2.100%, 04/30/2012		540,000		551,524
3.125%, 06/15/2012		350,000		365,272
5.420%, 03/15/2017		300,000		293,303
6.500%, 08/01/2016		200,000		214,992
Bear Stearns Companies LLC
7.250%, 02/01/2018		635,000		736,561
BP Capital Markets PLC
5.250%, 11/07/2013		220,000		243,048
Capital One Bank USA NA
8.800%, 07/15/2019		350,000		420,588
Capital One Financial Corp.
7.375%, 05/23/2014		290,000		332,439
Capital One Financial Corp., MTN
5.700%, 09/15/2011		250,000		262,791
Caterpillar Financial Services Corp.
6.125%, 02/17/2014		260,000		293,484
Citigroup Funding Inc
1.875%, 11/15/2012		205,000		207,000
Citigroup, Inc.
2.125%, 04/30/2012		560,000		571,766
2.875%, 12/09/2011		210,000		217,275
5.500%, 04/11/2013		345,000		361,127
5.875%, 02/22/2033 to 05/29/2037		825,000		701,394
6.125%, 11/21/2017		833,000		842,617
8.500%, 05/22/2019		190,000		219,252
Credit Suisse AG
5.400%, 01/14/2020		230,000		231,002
Credit Suisse First Boston USA, Inc.
4.875%, 01/15/2015		345,000		368,624
6.500%, 01/15/2012		510,000		555,251
Credit Suisse Guernsey, Ltd.
5.860%, 12/31/2049 (P)		290,000		252,268
Discover Financial Services
10.250%, 07/15/2019		300,000		354,997
General Electric Capital Corp.
2.200%, 06/08/2012		290,000		296,498
3.000%, 12/09/2011		350,000		363,141
5.625%, 09/15/2017		950,000		994,425
6.750%, 03/15/2032		635,000		653,435
6.875%, 01/10/2039		290,000		302,889
General Electric Capital Corp., MTN
6.000%, 08/07/2019		150,000		156,938
General Electric Capital Corp., Series A
6.125%, 02/22/2011		810,000		852,202


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
Goldman Sachs Group, Inc.
3.250%, 06/15/2012	$	315,000	$	329,775
6.125%, 02/15/2033		345,000		339,353
Harley-Davidson Funding Corp.
5.750%, 12/15/2014 (S)		200,000		208,079
HSBC Finance Corp.
8.000%, 07/15/2010		610,000		625,880
HSBC Holdings PLC
6.500%, 09/15/2037		580,000		595,057
John Deere Capital Corp.
4.950%, 12/17/2012		480,000		522,783
5.250%, 10/01/2012		280,000		305,211
JPMorgan Chase & Company
3.125%, 12/01/2011		350,000		363,811
4.750%, 05/01/2013		350,000		375,843
6.400%, 05/15/2038		845,000		913,650
6.750%, 02/01/2011		428,000		450,447
MBNA Corp.
5.000%, 06/15/2015		400,000		404,446
Merrill Lynch & Company, Inc.
5.450%, 07/15/2014		575,000		600,504
6.875%, 04/25/2018 to 11/15/2018		585,000		613,712
7.750%, 05/14/2038		345,000		368,400
Morgan Stanley
2.250%, 03/13/2012		200,000		204,605
3.250%, 12/01/2011		350,000		364,567
5.950%, 12/28/2017		560,000		577,198
6.750%, 04/15/2011		550,000		581,073
7.300%, 05/13/2019		490,000		541,800
Morgan Stanley, Series F
6.625%, 04/01/2018		520,000		553,271
PNC Funding Corp.
2.300%, 06/22/2012		345,000		353,509
4.250%, 09/21/2015		130,000		132,799
5.625%, 02/01/2017		200,000		207,289
6.700%, 06/10/2019		190,000		213,816
State Street Corp.
2.150%, 04/30/2012		215,000		219,585
The Bank of New York Mellon Corp.
4.500%, 04/01/2013		435,000		465,742
6.375%, 04/01/2012		75,000		81,221
The Goldman Sachs Capital II
5.793%, 12/29/2049 (P)		210,000		167,475
The Goldman Sachs Group, Inc.
5.500%, 11/15/2014		690,000		741,851
6.150%, 04/01/2018		515,000		544,000
6.875%, 01/15/2011		515,000		541,179
7.500%, 02/15/2019		360,000		412,018
Toyota Motor Credit Corp.
5.450%, 05/18/2011		240,000		252,189
UBS AG
5.750%, 04/25/2018		520,000		536,388

				27,195,614
Electric - 1.58%
Carolina Power & Light Company
5.300%, 01/15/2019		145,000		153,472
Consolidated Edison Company of New
York, Inc.
7.125%, 12/01/2018		265,000		313,899
Constellation Energy Group, Inc.
7.600%, 04/01/2032		58,000		65,939
Dominion Resources, Inc.
5.000%, 03/15/2013		262,000		280,454
5.200%, 08/15/2019		310,000		317,124


The accompanying notes are an integral part of the financial statements.	250

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electric (continued)
DTE Energy Company
6.350%, 06/01/2016	$	215,000	$	234,678
Duke Energy Carolinas LLC
5.625%, 11/30/2012		300,000		331,267
6.000%, 01/15/2038		140,000		147,231
7.000%, 11/15/2018		270,000		320,417
E.ON International Finance BV
5.800%, 04/30/2018 (S)		385,000		420,401
Enel Finance International SA
5.125%, 10/07/2019 (S)		300,000		300,707
6.000%, 10/07/2039 (S)		100,000		96,902
6.250%, 09/15/2017 (S)		144,000		157,991
Entergy Texas, Inc.
7.125%, 02/01/2019		135,000		152,897
Exelon Generation Company LLC
6.250%, 10/01/2039		100,000		102,314
FirstEnergy Corp.
6.450%, 11/15/2011		6,000		6,411
7.375%, 11/15/2031		250,000		270,327
Firstenergy Solutions Corp.
6.050%, 08/15/2021		150,000		154,582
Florida Power & Light Company
5.650%, 02/01/2037		200,000		200,540
FPL Group Capital, Inc.
7.875%, 12/15/2015		265,000		323,759
Georgia Power Company
4.250%, 12/01/2019		130,000		128,532
5.950%, 02/01/2039		265,000		278,977
Indiana Michigan Power Company
6.050%, 03/15/2037		295,000		299,732
Israel Electric Corp., Ltd.
7.250%, 01/15/2019 (S)		170,000		184,516
Midamerican Energy Holdings Company
8.480%, 09/15/2028		365,000		459,212
Oncor Electric Delivery Company
7.500%, 09/01/2038		140,000		166,763
Pacific Gas & Electric Company
6.050%, 03/01/2034		170,000		177,045
6.250%, 12/01/2013		355,000		400,646
Pacificorp
6.000%, 01/15/2039		290,000		307,348
Pennsylvania Electric Company
5.200%, 04/01/2020		200,000		201,662
6.150%, 10/01/2038		150,000		150,393
Progress Energy, Inc.
7.050%, 03/15/2019		350,000		395,038
7.100%, 03/01/2011		146,000		154,016
Public Service Electric & Gas Company
6.330%, 11/01/2013		355,000		406,006
San Diego Gas & Electric
Company, Series FFF
6.125%, 09/15/2037		160,000		173,377
Scottish Power, Ltd.
4.910%, 03/15/2010		130,000		130,108
Southern California Edison
Company, Series 05-E
5.350%, 07/15/2035		345,000		336,560
Southwestern Public Service
Company, Series G
8.750%, 12/01/2018		155,000		193,336
Wisconsin Electric Power Company
6.000%, 04/01/2014		230,000		259,656

				9,154,235


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electrical Components & Equipment - 0.04%
Emerson Electric Company
4.875%, 10/15/2019	$	215,000	$	226,549
Environmental Control - 0.07%
Allied Waste North America, Inc.
6.875%, 06/01/2017		200,000		216,000
Waste Management, Inc.
6.125%, 11/30/2039		160,000		162,067

				378,067
Food - 0.59%
ConAgra Foods, Inc.
5.819%, 06/15/2017		25,000		26,820
9.750%, 03/01/2021		140,000		184,628
General Mills, Inc.
5.650%, 02/15/2019		215,000		231,567
Kellogg Company
4.150%, 11/15/2019		100,000		98,660
Kraft Foods, Inc.
4.125%, 02/09/2016		760,000		774,134
6.750%, 02/19/2014		470,000		533,807
6.875%, 02/01/2038		120,000		130,679
Ralcorp Holdings, Inc.
6.625%, 08/15/2039 (S)		210,000		207,710
Safeway, Inc.
6.350%, 08/15/2017		155,000		173,073
Sysco Corp.
5.375%, 03/17/2019		150,000		162,899
Tate & Lyle International Finance PLC
5.000%, 11/15/2014 (S)		260,000		268,851
Tesco PLC
6.150%, 11/15/2037 (S)		82,000		87,458
The Kroger Company
3.900%, 10/01/2015		100,000		101,930
6.400%, 08/15/2017		210,000		235,196
Unilever Capital Corp.
7.125%, 11/01/2010		200,000		208,955

				3,426,367
Forest Products & Paper - 0.02%
International Paper Company
8.700%, 06/15/2038		100,000		123,708
Gas - 0.06%
KeySpan Corp.
8.000%, 11/15/2030		265,000		326,226
Hand & Machine Tools - 0.07%
Snap-On, Inc.
6.125%, 09/01/2021		210,000		224,025
The Stanley Works
6.150%, 10/01/2013		170,000		190,015

				414,040
Healthcare Products - 0.15%
Baxter International, Inc.
5.900%, 09/01/2016		145,000		163,890
Covidien International Finance SA
6.000%, 10/15/2017		287,000		316,957
Johnson & Johnson
5.850%, 07/15/2038		245,000		266,162
St. Jude Medical, Inc.
4.875%, 07/15/2019		100,000		103,843

				850,852
Healthcare Services - 0.18%
Aetna, Inc.
6.000%, 06/15/2016		290,000		319,842


The accompanying notes are an integral part of the financial statements.	251

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Healthcare Services (continued)
Howard Hughes Medical Institute
3.450%, 09/01/2014	$	210,000	$	217,616
Quest Diagnostics, Inc.
5.450%, 11/01/2015		90,000		98,513
Roche Holdings, Inc.
6.000%, 03/01/2019 (S)		200,000		221,211
UnitedHealth Group, Inc.
4.875%, 03/15/2015		31,000		32,750
5.800%, 03/15/2036		50,000		48,180
WellPoint, Inc.
6.375%, 06/15/2037		120,000		126,324

				1,064,436
Home Builders - 0.02%
Toll Brothers Finance Corp.
6.750%, 11/01/2019		100,000		100,968
Household Products - 0.10%
Clorox Company
5.950%, 10/15/2017		260,000		287,323
Kimberly-Clark Corp.
7.500%, 11/01/2018		240,000		296,203

				583,526
Insurance - 0.77%
AEGON Funding Company LLC
5.750%, 12/15/2020		145,000		141,373
Allied World Assurance Holdings, Ltd.
7.500%, 08/01/2016		320,000		347,995
AON Corp.
8.205%, 01/01/2027		210,000		219,408
AXA SA
8.600%, 12/15/2030		140,000		167,448
Berkshire Hathaway Finance Corp.
5.400%, 05/15/2018		290,000		309,924
Berkshire Hathaway, Inc.
3.200%, 02/11/2015		420,000		424,145
Chubb Corp.
5.750%, 05/15/2018		100,000		108,992
CNA Financial Corp.
7.350%, 11/15/2019		210,000		219,741
Hartford Financial Services Group, Inc.
5.950%, 10/15/2036		135,000		120,505
Lincoln National Corp.
5.650%, 08/27/2012		145,000		155,859
7.000%, 05/17/2066 (P)		30,000		25,614
Marsh & McLennan Companies, Inc.
5.750%, 09/15/2015		290,000		311,557
MetLife, Inc.
6.817%, 08/15/2018		395,000		435,113
Prudential Financial, Inc.
3.875%, 01/14/2015		110,000		111,272
4.750%, 04/01/2014		290,000		303,594
Prudential Financial, Inc., MTN
4.750%, 09/17/2015		200,000		206,827
The Allstate Corp.
5.950%, 04/01/2036		270,000		273,868
The Travelers Companies, Inc.
5.500%, 12/01/2015		190,000		209,856
5.900%, 06/02/2019		190,000		208,529
Willis North America, Inc.
7.000%, 09/29/2019		150,000		157,571

				4,459,191


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Investment Companies - 0.09%
FIH Erhvervsbank A/S
2.450%, 08/17/2012 (S)	$	210,000	$	213,919
Xstrata Finance Canada, Ltd.
5.800%, 11/15/2016 (S)		290,000		302,326

				516,245
Iron & Steel - 0.08%
ArcelorMittal
5.375%, 06/01/2013		440,000		467,696
Machinery-Diversified - 0.02%
Roper Industries, Inc.
6.250%, 09/01/2019		100,000		107,479
Media - 0.89%
British Sky Broadcasting Group PLC
9.500%, 11/15/2018 (S)		280,000		363,522
CBS Corp.
8.875%, 05/15/2019		200,000		237,518
Comcast Cable Communications
8.875%, 05/01/2017		190,000		232,903
Comcast Corp.
5.700%, 07/01/2019		190,000		200,631
6.500%, 11/15/2035		435,000		449,904
COX Communications, Inc.
9.375%, 01/15/2019 (S)		95,000		121,474
Discovery Communications LLC
5.625%, 08/15/2019		160,000		168,192
Grupo Televisa SA
6.625%, 01/15/2040 (S)		160,000		157,246
News America, Inc.
6.650%, 11/15/2037		335,000		355,124
TCI Communications, Inc.
7.125%, 02/15/2028		308,000		331,957
The Walt Disney Company
5.625%, 09/15/2016		250,000		277,163
Time Warner Companies, Inc.
7.250%, 10/15/2017		300,000		348,005
Time Warner Entertainment Company LP
8.375%, 07/15/2033		450,000		548,757
Time Warner, Inc.
6.750%, 04/15/2011		345,000		364,951
7.625%, 04/15/2031		120,000		139,814
Viacom, Inc.
4.250%, 09/15/2015		100,000		102,763
6.250%, 04/30/2016		345,000		385,523
7.875%, 07/30/2030		225,000		241,594
Vivendi SA
5.750%, 04/04/2013 (S)		102,000		110,297

				5,137,338
Metal Fabricate/Hardware - 0.03%
Commercial Metals Company
7.350%, 08/15/2018		140,000		147,266
Mining - 0.23%
Alcoa, Inc.
5.720%, 02/23/2019		20,000		18,203
6.750%, 07/15/2018		325,000		326,199
Rio Tinto Alcan, Inc.
6.125%, 12/15/2033		240,000		242,834
Rio Tinto Finance USA, Ltd.
6.500%, 07/15/2018		110,000		124,021
Vale Overseas, Ltd.
6.250%, 01/23/2017		500,000		529,358
6.875%, 11/10/2039		110,000		112,037

				1,352,652


The accompanying notes are an integral part of the financial statements.	252

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Miscellaneous Manufacturers - 0.29%
General Electric Company
5.000%, 02/01/2013	$	525,000	$	563,449
Harsco Corp.
5.750%, 05/15/2018		270,000		271,024
Honeywell International, Inc.
3.875%, 02/15/2014		220,000		232,186
Ingersoll-Rand Global Holding Company, Ltd.
6.875%, 08/15/2018		270,000		307,728
Tyco Electronics Group SA
6.550%, 10/01/2017		305,000		335,651

				1,710,038
Office & Business Equipment - 0.07%
Pitney Bowes, Inc.
6.250%, 03/15/2019		120,000		135,065
Xerox Corp.
6.750%, 12/15/2039		230,000		243,841

				378,906
Oil & Gas - 1.26%
Anadarko Finance Company
6.750%, 05/01/2011		360,000		380,656
Apache Corp.
6.000%, 09/15/2013		200,000		225,238
Canadian Natural Resources, Ltd.
6.250%, 03/15/2038		200,000		208,129
Cenovus Energy, Inc.
5.700%, 10/15/2019 (S)		100,000		105,498
Chevron Corp.
4.950%, 03/03/2019		215,000		227,477
ConocoPhillips Company
5.750%, 02/01/2019		270,000		296,411
Devon Financing Corp.
6.875%, 09/30/2011		240,000		260,463
7.875%, 09/30/2031		120,000		149,386
EnCana Corp.
6.500%, 08/15/2034		345,000		367,882
GlobalSantaFe Corp.
5.000%, 02/15/2013		275,000		289,987
Hess Corp.
8.125%, 02/15/2019		210,000		256,709
Kerr-McGee Corp.
6.950%, 07/01/2024		300,000		339,828
Marathon Oil Corp.
6.000%, 10/01/2017		275,000		293,283
Nabors Industries, Inc.
9.250%, 01/15/2019		290,000		362,457
Nexen, Inc.
6.200%, 07/30/2019		100,000		108,344
Noble Holding International, Ltd.
7.375%, 03/15/2014		240,000		277,206
Pemex Project Funding Master Trust
7.375%, 12/15/2014		180,000		203,444
Petro-Canada
5.950%, 05/15/2035		190,000		188,023
6.050%, 05/15/2018		325,000		351,718
Petrobras International Finance Company
8.375%, 12/10/2018		415,000		494,015
Petroleos Mexicanos
4.875%, 03/15/2015 (S)		300,000		304,950
Shell International Finance BV
6.375%, 12/15/2038		265,000		295,803
Talisman Energy, Inc.
6.250%, 02/01/2038		155,000		155,397


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Oil & Gas (continued)
Tosco Corp.
8.125%, 02/15/2030	$	285,000	$	358,771
Total Capital SA
3.125%, 10/02/2015		100,000		100,110
4.250%, 12/15/2021		230,000		228,031
Valero Energy Corp.
6.125%, 06/15/2017		275,000		285,232
XTO Energy, Inc.
5.500%, 06/15/2018		169,000		183,978

				7,298,426
Oil & Gas Services - 0.06%
Cameron International Corp.
7.000%, 07/15/2038		100,000		112,207
Weatherford International, Ltd.
5.500%, 02/15/2016		215,000		223,402

				335,609
Pharmaceuticals - 0.57%
Abbott Laboratories
4.350%, 03/15/2014		350,000		373,583
AstraZeneca PLC
5.900%, 09/15/2017		300,000		339,818
Bristol-Myers Squibb Company
6.800%, 11/15/2026		140,000		163,923
Eli Lilly & Company
7.125%, 06/01/2025		220,000		262,229
GlaxoSmithKline Capital, Inc.
4.375%, 04/15/2014		370,000		394,430
6.375%, 05/15/2038		140,000		156,136
Mead Johnson Nutrition Company
4.900%, 11/01/2019 (S)		100,000		100,683
Merck & Company, Inc.
5.300%, 12/01/2013		240,000		266,401
Novartis Securities Investment, Ltd.
5.125%, 02/10/2019		210,000		221,572
Pharmacia Corp.
6.500%, 12/01/2018		290,000		330,847
Wyeth
5.500%, 03/15/2013		385,000		425,020
6.000%, 02/15/2036		230,000		243,153

				3,277,795
Pipelines - 0.68%
Boardwalk Pipelines LP
5.750%, 09/15/2019		160,000		167,279
CenterPoint Energy Resources Corp.
7.875%, 04/01/2013		240,000		276,660
DCP Midstream LLC
9.700%, 12/01/2013 (S)		270,000		324,863
9.750%, 03/15/2019 (S)		240,000		304,115
Enbridge Energy Partners LP
9.875%, 03/01/2019		345,000		454,060
Energy Transfer Partners LP
6.700%, 07/01/2018		250,000		274,354
Enterprise Products Operating LLC
6.650%, 04/15/2018		110,000		122,057
Kinder Morgan Energy Partners LP
5.625%, 02/15/2015		110,000		120,067
5.850%, 09/15/2012		225,000		242,992
6.500%, 09/01/2039		130,000		135,070
7.300%, 08/15/2033		30,000		33,060
9.000%, 02/01/2019		175,000		220,966
Magellan Midstream Partners LP
6.550%, 07/15/2019		150,000		166,144


The accompanying notes are an integral part of the financial statements.	253

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Pipelines (continued)
ONEOK Partners LP
6.650%, 10/01/2036	$	245,000	$	257,281
Plains All American Pipeline LP
8.750%, 05/01/2019		190,000		234,879
Texas Eastern Transmission LP
6.000%, 09/15/2017 (S)		70,000		76,964
TransCanada PipeLines, Ltd.
5.850%, 03/15/2036		200,000		198,936
Williams Partners LP
5.250%, 03/15/2020 (S)		310,000		314,998

				3,924,745
Real Estate - 0.34%
Duke Realty LP
5.950%, 02/15/2017		72,000		70,786
Hospitality Properties Trust
7.875%, 08/15/2014		180,000		193,307
Kimco Realty Corp.
6.875%, 10/01/2019		190,000		203,601
ProLogis
5.625%, 11/15/2016		60,000		58,422
7.625%, 08/15/2014		410,000		445,736
Realty Income Corp.
5.950%, 09/15/2016		135,000		137,280
Simon Property Group LP
5.650%, 02/01/2020		350,000		347,877
5.875%, 03/01/2017		86,000		89,956
WEA Finance LLC
7.500%, 06/02/2014 (S)		390,000		440,474

				1,987,439
Retail - 0.55%
CVS Caremark Corp.
6.125%, 08/15/2016		305,000		336,922
6.600%, 03/15/2019		300,000		336,628
CVS Pass-Through Trust
8.353%, 07/10/2031 (S)		168,370		194,705
Home Depot, Inc.
4.625%, 08/15/2010		265,000		269,828
5.875%, 12/16/2036		190,000		186,090
McDonald’s Corp.
5.000%, 02/01/2019		145,000		153,654
Target Corp.
6.500%, 10/15/2037		220,000		239,688
Wal-Mart Stores, Inc.
4.125%, 02/01/2019		265,000		265,971
6.200%, 04/15/2038		386,000		422,649
7.550%, 02/15/2030		300,000		376,040
Walgreen Company
5.250%, 01/15/2019		290,000		309,897
Yum! Brands, Inc.
6.250%, 03/15/2018		95,000		104,623

				3,196,695
Savings & Loans - 0.03%
US Central Federal Credit Union
1.900%, 10/19/2012		200,000		202,282
Software - 0.11%
Microsoft Corp.
2.950%, 06/01/2014		200,000		204,898
Oracle Corp.
5.750%, 04/15/2018		380,000		418,217

				623,115


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Telecommunications - 1.61%
Ameritech Capital Funding Corp.
6.875%, 10/15/2027	$	138,000	$	143,399
AT&T Corp.
8.000%, 11/15/2031		320,000		391,239
AT&T, Inc.
5.625%, 06/15/2016		200,000		219,715
6.300%, 01/15/2038		400,000		407,377
6.700%, 11/15/2013		270,000		307,558
BellSouth Corp.
6.875%, 10/15/2031		405,000		428,299
British Telecommunications PLC
5.950%, 01/15/2018		160,000		165,640
9.625%, 12/15/2030		160,000		203,075
CenturyTel, Inc.
7.600%, 09/15/2039		140,000		142,826
Cisco Systems, Inc.
5.250%, 02/22/2011		150,000		156,704
5.900%, 02/15/2039		250,000		256,321
Deutsche Telekom International Finance BV
8.750%, 06/15/2030		365,000		462,596
France Telecom SA
8.500%, 03/01/2031		290,000		384,351
New Cingular Wireless Services, Inc.
7.875%, 03/01/2011		290,000		310,122
Rogers Cable, Inc.
7.875%, 05/01/2012		265,000		297,361
Telecom Italia Capital SA
5.250%, 11/15/2013		460,000		488,161
7.721%, 06/04/2038		200,000		222,146
Telefonica Europe BV
8.250%, 09/15/2030		325,000		402,650
Telefonos de Mexico SAB de CV
5.500%, 11/15/2019 (S)		210,000		212,452
Verizon Communications, Inc.
5.250%, 04/15/2013		275,000		300,377
6.100%, 04/15/2018		435,000		476,506
6.900%, 04/15/2038		510,000		566,709
Verizon Global Funding Corp.
7.250%, 12/01/2010		435,000		456,705
7.375%, 09/01/2012		250,000		284,401
Verizon Wireless Capital LLC
7.375%, 11/15/2013		330,000		383,061
Vodafone Group PLC
3.375%, 11/24/2015		520,000		512,045
5.375%, 01/30/2015		515,000		558,354
5.450%, 06/10/2019		205,000		213,877

				9,354,027
Tobacco - 0.09%
Altria Group, Inc.
9.250%, 08/06/2019		425,000		526,428
Transportation - 0.34%
Burlington Northern Santa Fe Corp.
4.700%, 10/01/2019		160,000		160,361
7.000%, 02/01/2014		350,000		404,629
Canadian National Railway Company
6.375%, 10/15/2011		135,000		146,387
CSX Corp.
6.250%, 04/01/2015		205,000		229,745
7.375%, 02/01/2019		290,000		339,249
FedEx Corp.
8.000%, 01/15/2019		145,000		178,884
Norfolk Southern Corp.
7.050%, 05/01/2037		200,000		233,653


The accompanying notes are an integral part of the financial statements.	254

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value



CORPORATE BONDS (continued)
Transportation (continued)
Union Pacific Corp.
6.625%, 02/01/2029	$	260,000	$	281,229

				1,974,137
Trucking&Leasing - 0.03%
GATX Corp.
4.750%, 05/15/2015		170,000		170,397

TOTAL CORPORATE BONDS (Cost $105,315,954)			$	113,163,672


MUNICIPAL BONDS - 0.34%
California - 0.07%
State of California
7.500%, 04/01/2034		200,000		196,484
University of California
5.770%, 05/15/2043		220,000		215,545

				412,029
District of Columbia - 0.02%
Metropolitan Washington Airports Authority
7.462%, 10/01/2046		100,000		106,274
Illinois - 0.04%
State of Illinois
5.100%, 06/01/2033		285,000		240,181
Maryland - 0.04%
Maryland State Transportation Authority
5.888%, 07/01/2043		230,000		237,804
New York - 0.07%
New York State Dormitory Authority
5.628%, 03/15/2039		210,000		207,043
New York State Urban Development Corp.
5.770%, 03/15/2039		200,000		202,070

				409,113
North Carolina - 0.03%
North Carolina Turnkpike Authority
6.700%, 01/01/2039		170,000		177,585
Texas - 0.03%
State of Texas
5.517%, 04/01/2039		160,000		164,630
Utah - 0.02%
State of Utah
4.554%, 07/01/2024		100,000		101,407
Washington - 0.02%
State of Washington
5.481%, 08/01/2039		100,000		100,888

TOTAL MUNICIPAL BONDS (Cost $1,955,463)			$	1,949,911


COLLATERALIZED MORTGAGE
OBLIGATIONS - 3.61%
Banc of America Commercial Mortgage, Inc.
Series 2004-4, Class A3,
4.128%, 07/10/2042		116,233		116,255
Series 2006-5, Class A3,
5.390%, 09/10/2047		320,000		327,513
Series 2006-4, Class A4,
5.634%, 07/10/2046		410,000		411,149
Series 2006-3, Class A4,
5.889%, 07/10/2044 (P)		700,000		664,481
Bear Stearns Commercial Mortgage Securities,
Series 2005-T20, Class A3
5.149%, 10/12/2042 (P)		610,000		634,238


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Bear Stearns Commercial Mortgage Securities,
Series 2006-PW12, Class A4
5.719%, 09/11/2038 (P)	$	260,000	$	271,520
Citigroup/Deutsche Bank Commercial
Mortgage Trust, Series 2006-CD3, Class A5
5.617%, 10/15/2048		760,000		775,119
CS First Boston Mortgage Securities Corp,
Series 2005-C3, Class A3
4.645%, 07/15/2037		340,000		348,737
GE Capital Commercial Mortgage Corp.
Series 2005-C1, Class A2,
4.353%, 06/10/2048		498,648		504,493
Series 2004-C3, Class A2,
4.433%, 07/10/2039		201,668		203,777
Series 2005-C1, Class A3,
4.578%, 06/10/2048		540,000		540,586
GMAC Commercial Mortgage Securities, Inc.,
Series 2003-C3, Class A4
5.023%, 04/10/2040		1,020,000		1,068,996
GS Mortgage Securities Corp. II,
Series 2007-GG10, Class A4
5.805%, 08/10/2045 (P)		1,105,000		984,546
JPMorgan Chase Commercial Mortgage
Securities Corp.
Series 2005-LDP2, Class A4,
4.738%, 07/15/2042		940,000		945,331
Series 2004-CBX, Class A6,
4.899%, 01/12/2037		540,000		531,820
Series 2005-LDP4, Class A4,
4.918%, 10/15/2042 (P)		420,000		425,968
Series 2005-LDP5, Class A4,
5.179%, 12/15/2044 (P)		275,000		283,497
Series 2005-CB11, Class A3,
5.197%, 08/12/2037		380,000		391,408
Series 2005-CB13, Class A3A1,
5.280%, 01/12/2043 (P)		440,000		452,510
Series 2006-LDP8, Class AM,
5.440%, 05/15/2045		210,000		164,789
Series 2006-CB14, Class A3A,
5.491%, 12/12/2044 (P)(S)		920,000		941,210
LB-UBS Commercial Mortgage Trust
Series 2005-C1, Class A2,
4.310%, 02/15/2030		356,157		357,349
Series 2006-C7, Class A3,
5.347%, 11/15/2038		968,000		965,478
Series 2006-C3, Class A4,
5.661%, 03/15/2039 (P)		380,000		382,263
Merrill Lynch Mortgage Trust,
Series 2008-C1, Class A4
5.690%, 02/12/2051		145,000		133,198
Merrill Lynch/Countrywide Commercial
Mortgage Trust, Series 2007-8, Class A2
5.920%, 08/12/2049 (P)		1,080,000		1,130,212
Morgan Stanley Capital I
Series 2004-HQ3, Class A4,
4.800%, 01/13/2041		870,000		892,424
Series 2005-HQ6, Class A2A,
4.882%, 08/13/2042		980,000		986,488
Series 2006-T21, Class A2,
5.090%, 10/12/2052		415,000		418,477
Series 2007-T25, Class A3,
5.514%, 11/12/2049 (P)		1,295,000		1,302,841
Series 2007-T27, Class A4,
5.649%, 06/11/2042 (P)		1,630,000		1,655,857


The accompanying notes are an integral part of the financial statements.	255

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Morgan Stanley Capital I (continued)
Series 2006-IQ11, Class A2,
5.693%, 10/15/2042 (P)	$	475,000	$	487,791
Series 2006-T23, Class A2,
5.741%, 08/12/2041 (P)		380,000		392,207
Wachovia Bank Commercial Mortgage Trust
Series 2004-C12, Class A2,
5.001%, 07/15/2041		431,440		437,010
Series 2005-C17, Class A4,
5.083%, 03/15/2042 (P)		410,000		418,430

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $18,775,446)			$	20,947,968


ASSET BACKED SECURITIES - 0.25%
American Express Credit Account Master
Trust, Series 2006-2, Class A
5.350%, 01/15/2014		440,000		465,529
Chase Issuance Trust,
Series 2008-A4, Class A4
4.650%, 03/15/2015		540,000		582,419
Mercedes-Benz Auto Receivables Trust,
Series 2009-1, Class A3
1.670%, 01/15/2014		410,000		414,656

TOTAL ASSET BACKED SECURITIES (Cost $1,434,969)			$	1,462,604


CONVERTIBLE PREFERRED STOCKS - 0.14%
Capital Goods - 0.06%
Caterpillar, Inc. 7.900%		265,000		326,928
Energy - 0.04%
Enterprise Products Operating LLC 9.750%		175,000		213,277
Utilities - 0.04%
Virginia Electric and Power Company 8.875%		190,000		266,694

TOTAL CONVERTIBLE PREFERRED
STOCKS (Cost $629,585)			$	806,899


SUPRANATIONAL OBLIGATIONS - 0.77%
Government - 0.77%
African Development Bank
6.875%, 10/15/2015		105,000		120,085
Asian Development Bank
5.593%, 07/16/2018		405,000		452,224
European Investment Bank
2.375%, 03/14/2014		570,000		572,707
European Investment Bank
3.250%, 02/15/2011		435,000		446,941
European Investment Bank
4.625%, 05/15/2014		429,000		468,647
European Investment Bank
4.625%, 10/20/2015		395,000		430,300
European Investment Bank
4.875%, 01/17/2017		580,000		637,084
Inter-American Development Bank
7.000%, 06/15/2025		175,000		215,276
International Bank for
Reconstruction & Development
3.625%, 05/21/2013		200,000		211,502
International Bank for
Reconstruction & Development
8.625%, 10/15/2016		285,000		369,160
International Finance Corp.
3.500%, 05/15/2013		155,000		164,743


Total Bond Market Fund (continued)
		Shares or
		Principal
		Amount		Value


SUPRANATIONAL OBLIGATIONS (continued)
Government (continued)
Nordic Investment Bank
2.375%, 12/15/2011	$	355,000	$	363,248

				4,451,917

TOTAL SUPRANATIONAL OBLIGATIONS (Cost $4,394,234)			$	4,451,917


SHORT-TERM INVESTMENTS - 1.65%
*Short-Term Securities - 1.65%**
State Street Institutional US Government
Money Market Fund, 0.03489%	$	9,577,462		9,577,462

TOTAL SHORT-TERM INVESTMENTS (Cost $9,577,462)			$	9,577,462

Total Investments (Total Bond Market Fund)
(Cost $557,290,723) - 99.77%			$	578,046,997
Other assets and liabilities, net - 0.23%				1,330,650

TOTAL NET ASSETS - 100.00%			$	579,377,647




Total Return Fund
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 36.20%
Federal Home Loan Mortgage Corp. - 6.62%
1.125%, 06/01/2011 to 12/15/2011	$	14,300,000	$	14,397,555
4.810%, 11/01/2035 (P)		521,875		550,050
5.500%, TBA (B)		8,000,000		8,430,000
5.500%, 12/01/2036		459,982		487,077
6.000%, TBA (B)		101,000,000		107,959,611
6.000%, 08/01/2026 to 10/01/2037		4,833,466		5,227,313

				137,051,606
Federal National Mortgage Association - 9.86%
1.000%, 03/11/2010 (C)		43,000,000		45,749,648
2.406%, 11/01/2035 (P)		500,114		504,386
2.645%, 11/01/2034 (P)		490,017		505,990
2.776%, 01/01/2035 (P)		267,928		276,849
2.971%, 03/01/2035 (P)		159,942		165,500
3.429%, 05/01/2035 (P)		881,056		905,847
3.670%, 07/01/2034 (P)		251,350		261,227
4.826%, 06/01/2035 (P)		1,312,253		1,362,022
4.848%, 09/01/2035 (P)		624,969		658,952
5.500%, TBA (B)		35,000,000		35,437,568
5.500%, 02/01/2021 to 04/01/2037		38,044,107		40,491,675
6.000%, TBA		(9,000,000)		(9,561,096)
6.000%, 10/01/2026 to 09/01/2037		70,651,731		75,334,135
6.500%, TBA (B)		9,000,000		9,646,172
6.500%, 10/01/2036 to 05/01/2037		1,996,614		2,138,601

				203,877,476
Government National Mortgage Association - 0.12%
6.000%, TBA (B)		2,000,000		2,133,906
6.000%, 09/15/2038		398,061		428,802

				2,562,708
U.S. Treasury Notes - 14.10%
0.875%, 02/29/2012		34,800,000		34,849,068
1.000%, 07/31/2011 to 10/31/2011 (F)		226,895,000		228,445,995
2.375%, 02/28/2015		27,300,000		27,417,390
2.750%, 11/30/2016		900,000		887,695

				291,600,148


The accompanying notes are an integral part of the financial statements.	256

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
U.S. Treasury Bonds - 5.43%
3.000%, 02/28/2017	$	48,300,000	$	48,201,890
3.125%, 01/31/2017		16,600,000		16,714,125
3.500%, 02/15/2039		2,800,000		2,336,250
4.250%, 05/15/2039 (F)		13,600,000		12,988,000
4.375%, 02/15/2038 to 11/15/2039		21,100,000		20,612,116
4.500%, 05/15/2038		7,900,000		7,898,768
5.375%, 02/15/2031		3,100,000		3,506,391

				112,257,540
Federal Home Loan Bank - 0.07%
1.000%, 12/28/2011		1,400,000		1,403,948

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $743,433,266)			$	748,753,426


FOREIGN GOVERNMENT
OBLIGATIONS - 3.62%
Brazil - 0.29%
Federative Republic of Brazil
10.250%, 01/10/2028		6,400,000		3,612,318
12.500%, 01/05/2022		3,600,000		2,350,663

				5,962,981
Canada - 0.22%
Government of Canada
2.000%, 12/01/2014		4,200,000		3,907,812
4.500%, 06/01/2015		600,000		623,209

				4,531,021
France - 0.22%
Government of France
2.500%, 01/15/2015	EUR	3,400,000		4,674,935
Japan - 2.82%
Government of Japan
0.00%, 03/29/2010	JPY	5,180,000,000		58,298,540
Mexico - 0.07%
Government of Mexico
6.050%, 01/11/2040	$	1,400,000		1,379,000

TOTAL FOREIGN GOVERNMENT
OBLIGATIONS (Cost $74,025,124)			$	74,846,477


CORPORATE BONDS - 26.17%
Banks - 7.18%
American Express Bank FSB
5.500%, 04/16/2013		3,500,000		3,743,653
6.000%, 09/13/2017		200,000		211,959
American Express Centurion Bank
0.311%, 07/13/2010		300,000		299,926
6.000%, 09/13/2017		200,000		211,959
ANZ National International, Ltd.
6.200%, 07/19/2013 (S)		3,100,000		3,414,073
Bank of China Hong Kong, Ltd.
5.550%, 02/11/2020 (S)		700,000		684,944
Barclays Bank PLC
5.000%, 09/22/2016		9,700,000		9,903,099
5.450%, 09/12/2012		23,000,000		24,948,353
6.050%, 12/04/2017 (S)		2,900,000		2,975,090
BNP Paribas
5.186%, 06/29/2049 (P)(S)		7,600,000		6,549,376
Citibank NA
1.875%, 05/07/2012 to 06/04/2012		2,800,000		2,843,218
Danske Bank A/S
2.500%, 05/10/2012 (S)		2,500,000		2,562,328


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Banks (continued)
Deutsche Bank AG
6.000%, 09/01/2017	$	4,600,000	$	5,074,274
Dexia Credit Local
0.899%, 09/23/2011 (P)(S)		5,200,000		5,239,588
Fortis Bank Nederland Holding NV
3.000%, 04/17/2012		500,000		702,506
GMAC LLC
6.000%, 12/15/2011		400,000		392,124
GMAC, Inc.
8.300%, 02/12/2015 (S)		3,900,000		3,934,125
Intesa Sanpaolo/new York
2.375%, 12/21/2012		12,700,000		12,769,456
KeyBank NA
2.506%, 06/02/2010 (P)		4,400,000		4,422,273
Korea Development Bank
0.390%, 04/06/2010 (P)		9,900,000		9,880,517
National Australia Bank, Ltd.
5.350%, 06/12/2013 (S)		2,600,000		2,822,035
Northern Rock PLC
5.625%, 06/22/2017 (S)		15,300,000		15,069,123
Royal Bank of Scotland Group PLC
6.990%, 10/29/2049 (P)(S)		6,800,000		4,488,000
7.648%, 08/31/2049 (P)		5,000,000		4,037,500
Royal Bank of Scotland PLC
0.650%, 04/08/2011 (P)(S)		4,000,000		4,008,096
2.625%, 05/11/2012 (S)		2,400,000		2,454,974
3.000%, 12/09/2011 (S)		5,900,000		6,082,304
Swedbank AB
3.625%, 12/02/2011		100,000		140,879
Wachovia Corp.
0.381%, 10/15/2011 (P)		1,100,000		1,094,154
5.750%, 02/01/2018		6,200,000		6,540,219
Westpac Banking Corp.
0.731%, 07/16/2014 (P)(S)		1,000,000		1,005,899

				148,506,024
Biotechnology - 0.49%
Amgen, Inc.
6.150%, 06/01/2018		9,100,000		10,163,799
Building Materials - 0.15%
C8 Capital SPV, Ltd.
6.640%, 12/31/2049 (P)(S)		4,500,000		3,149,505
Chemicals - 0.44%
Rohm & Haas Company
6.000%, 09/15/2017		1,500,000		1,591,040
The Dow Chemical Company
4.850%, 08/15/2012		7,100,000		7,557,609

				9,148,649
Commercial Services - 0.73%
President and Fellows of Harvard College
6.500%, 01/15/2039 (S)		12,900,000		15,195,942
Computers - 0.25%
Dell, Inc.
4.700%, 04/15/2013		4,800,000		5,172,082
Diversified Financial Services - 12.96%
Allstate Life Global Funding Trusts
5.375%, 04/30/2013		2,500,000		2,724,958
American Express Company
7.000%, 03/19/2018		2,700,000		3,028,747
American Express Credit Corp.
5.875%, 05/02/2013		2,300,000		2,493,409


The accompanying notes are an integral part of the financial statements.	257

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
American Express Travel Related Services
Company, Inc.
5.250%, 11/21/2011 (S)	$	1,366,000	$	1,432,836
American General Finance Corp.
6.900%, 12/15/2017		3,300,000		2,366,928
BAC Capital Trust VII
5.250%, 08/10/2035		1,000,000		1,006,368
8.250%, 03/15/2042 (P)		2,900,000		2,984,245
Bank of America Corp.
0.580%, 08/15/2016 (P)		1,100,000		927,804
2.100%, 04/30/2012		10,800,000		11,030,483
6.000%, 10/15/2036		900,000		821,128
6.500%, 08/01/2016		7,900,000		8,492,192
Bear Stearns Companies, Inc.
0.370%, 05/18/2010 (P)		4,600,000		4,601,914
0.460%, 08/15/2011 (P)		200,000		199,872
4.924%, 09/26/2013 (P)		3,600,000		4,775,113
6.950%, 08/10/2012		4,100,000		4,566,322
C10 Capital SPV, Ltd.
6.722%, 12/01/2049 (P)(S)		1,700,000		1,234,778
Caelus Re, Ltd.
6.504%, 06/07/2011 (P)(S)		1,200,000		1,193,400
CIT Group, Inc.
7.000%, 05/01/2013 to 05/01/2017		3,468,373		3,141,678
Citigroup Capital XXI, (8.300% to
12/21/2037, then 3 month
LIBOR +417 bps)
8.300%, 12/21/2057 (P)		20,525,000		19,036,938
Citigroup Funding, Inc.
2.250%, 12/10/2012		2,100,000		2,142,000
Citigroup, Inc.
2.125%, 04/30/2012		1,500,000		1,531,515
4.750%, 02/10/2019		1,500,000		1,843,373
5.300%, 10/17/2012		800,000		840,466
5.500%, 08/27/2012 to 10/15/2014		20,800,000		21,624,698
5.625%, 08/27/2012		1,700,000		1,790,173
5.850%, 07/02/2013		600,000		633,845
6.000%, 08/15/2017		900,000		906,528
6.125%, 08/25/2036		3,500,000		3,010,077
8.500%, 05/22/2019		2,200,000		2,538,705
Countrywide Financial Corp.
5.800%, 06/07/2012		3,200,000		3,407,798
Countrywide Home Loan
4.000%, 03/22/2011		600,000		617,995
Credit Agricole SA
0.302%, 05/28/2010 (P)(S)		2,700,000		2,699,681
Ford Motor Credit Company LLC
3.001%, 01/13/2012 (P)		1,300,000		1,218,750
7.250%, 10/25/2011		100,000		101,374
7.375%, 02/01/2011		1,400,000		1,428,035
7.875%, 06/15/2010		300,000		302,405
8.000%, 12/15/2016		1,000,000		1,004,138
8.625%, 11/01/2010		100,000		102,500
General Electric Capital Corp.
2.000%, 09/28/2012		4,200,000		4,261,488
3.000%, 12/09/2011		16,100,000		16,704,475
5.500%, 09/15/2067		9,900,000		10,784,270
6.375%, 11/15/2067 (P)		4,100,000		3,649,000
HSBC Holdings PLC
6.500%, 05/02/2036 to 09/15/2037		2,100,000		2,158,468
International Lease Finance Corp.
0.472%, 05/24/2010 (P)		18,700,000		18,494,768
JPMorgan Chase & Company, MTN
6.000%, 01/15/2018		2,300,000		2,491,050


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Diversified Financial Services (continued)
JPMorgan Chase Bank NA
6.000%, 10/01/2017	$	3,900,000	$	4,192,305
JPMorgan Chase Capital XX
6.550%, 09/29/2036		400,000		374,307
LeasePlan Corp. NV
3.125%, 02/10/2012		1,900,000		2,668,985
Lehman Brothers Holdings, Inc.
1.000%, 08/21/2009 (H)		2,300,000		511,750
4.701%, 12/23/2010 (H)		10,000,000		2,225,000
5.374%, 11/24/2008 (H)		1,200,000		267,000
5.415%, 12/23/2008 (H)		400,000		89,000
5.460%, 04/03/2009 to 11/16/2009 (H)		5,400,000		1,201,500
5.500%, 05/25/2010 (H)		800,000		178,000
6.875%, 05/02/2018 (H)		1,100,000		253,000
Longpoint Re, Ltd.
5.503%, 05/08/2010 (P)(S)		1,200,000		1,201,560
Merrill Lynch & Company, Inc.
6.050%, 08/15/2012		900,000		967,051
6.400%, 08/28/2017		3,100,000		3,227,593
6.875%, 04/25/2018		7,600,000		8,007,732
Morgan Stanley
2.350%, 05/14/2010 (P)		5,000,000		5,020,465
3.250%, 12/01/2011		2,900,000		3,020,701
6.250%, 08/28/2017		800,000		844,390
Mystic Re, Ltd.
10.254%, 06/07/2011 (P)(S)		700,000		716,450
Santander Perpetual SA
6.671%, 10/29/2049 (P)(S)		5,600,000		5,628,000
SLM Corp.
0.478%, 10/25/2011 (P)		200,000		188,554
0.964%, 11/15/2011 (P)		5,400,000		6,801,423
1.044%, 06/17/2013		2,100,000		2,344,762
5.375%, 05/15/2014		500,000		463,564
Societe Financement de
l’Economie Francaise
0.451%, 07/16/2012 (P)(S)		2,000,000		2,017,500
3.375%, 05/05/2014 (S)		5,100,000		5,312,058
Societe Financement de l’Economie
Francaise, EMTN
2.125%, 05/20/2012 (P)(S)		800,000		1,111,338
State Street Capital Trust IV
0.00%, 06/15/2037 (N)		400,000		277,800
The Goldman Sachs Group, Inc.
5.625%, 01/15/2017		2,000,000		2,040,094
6.150%, 04/01/2018		7,500,000		7,922,333
6.250%, 09/01/2017		5,400,000		5,813,591
6.375%, 05/02/2018		700,000		1,058,729
TNK-BP Finance SA
6.125%, 03/20/2012 (S)		500,000		515,650
TransCapitalInvest, Ltd.
8.700%, 08/07/2018 (S)		1,000,000		1,172,882
UBS AG
1.169%, 05/05/2010 (P)		300,000		300,536
1.351%, 02/23/2012		3,100,000		3,100,456
5.750%, 04/25/2018		1,900,000		1,959,880
5.875%, 12/20/2017		2,100,000		2,187,803
USB Capital IX
6.189%, 03/29/2049 (P)		300,000		247,500
ZFS Finance USA Trust IV
5.875%, 05/09/2032 (P)(S)		321,000		291,134

				268,069,064
Food - 0.19%
Kraft Foods, Inc.
6.125%, 02/01/2018		2,500,000		2,742,725


The accompanying notes are an integral part of the financial statements.	258

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Food (continued)
Kraft Foods, Inc. (continued)
6.875%, 02/01/2038	$	1,100,000	$	1,197,888

				3,940,613
Insurance - 1.78%
American International Group, Inc.
0.353%, 03/20/2012 (P)		4,200,000		3,829,984
MetLife, Inc.
6.400%, 12/15/2036		900,000		774,000
Metropolitan Life Global Funding I
0.290%, 05/17/2010 (P)(S)		5,000,000		5,002,240
0.651%, 07/13/2011 (P)		12,100,000		12,095,063
Monumental Global Funding, Ltd.
5.500%, 04/22/2013 (S)		1,900,000		2,025,178
Pacific Lifecorp.
6.000%, 02/10/2020 (S)		700,000		694,310
Pricoa Global Funding I
0.348%, 01/30/2012 (P)(S)		3,200,000		3,126,160
0.450%, 09/27/2013 (P)(S)		2,700,000		2,569,895
Principal Life Income Funding Trusts
5.300%, 04/24/2013		2,200,000		2,379,062
5.550%, 04/27/2015		3,500,000		3,752,830
Residential Reinsurance 2007, Ltd.
10.505%, 06/07/2010 (P)(S)		600,000		609,720

				36,858,442
Investment Companies - 0.08%
Temasek Financial I, Ltd.
4.300%, 10/25/2019 (S)		1,600,000		1,588,326
Media - 0.07%
Comcast Corp.
5.875%, 02/15/2018		700,000		750,996
6.450%, 03/15/2037		700,000		718,135

				1,469,131
Oil & Gas - 0.39%
Gaz Capital for Gazprom
6.212%, 11/22/2016 (S)		500,000		501,875
Petroleos Mexicanos
8.000%, 05/03/2019		6,500,000		7,540,000

				8,041,875
Pharmaceuticals - 0.11%
AstraZeneca PLC
5.900%, 09/15/2017		1,000,000		1,132,728
6.450%, 09/15/2037		1,000,000		1,126,214

				2,258,942
Pipelines - 0.14%
NGPL PipeCo LLC
6.514%, 12/15/2012 (S)		2,600,000		2,865,803
Savings & Loans - 0.15%
Nationwide Building Society
6.250%, 02/25/2020 (S)		3,000,000		3,045,969
Semiconductors - 0.09%
Sensata Technologies, Inc.
7.110%, 04/27/2013		1,944,584		1,824,263
Telecommunications - 0.89%
Cellco Partnership / Verizon Wireless
Capital LLC
2.851%, 05/20/2011		14,700,000		15,155,862
Telecom Italia Capital SA
0.861%, 07/18/2011 (P)		3,200,000		3,178,378

				18,334,240


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Tobacco - 0.08%
Philip Morris International, Inc.
5.650%, 05/16/2018	$	1,600,000	$	1,729,486

TOTAL CORPORATE BONDS (Cost $539,055,745)			$	541,362,155


MUNICIPAL BONDS - 2.22%
California - 0.90%
Los Angeles Unified School District
4.500%, 07/01/2023		5,000,000		5,123,950
6.758%, 07/01/2034		1,700,000		1,773,899
San Diego Tobacco Settlement Revenue
Funding Corp.
7.125%, 06/01/2032		1,495,000		1,058,520
State of California
5.650%, 04/01/2039		800,000		831,672
7.500%, 04/01/2034		2,600,000		2,554,292
7.550%, 04/01/2039		900,000		886,365
Tobacco Securitization Authority of
Southern California
5.125%, 06/01/2046		1,500,000		1,004,640
University of California
6.270%, 05/15/2031		5,300,000		5,365,932

				18,599,270
Illinois - 0.41%
Chicago Illinois Transit Authority
6.300%, 12/01/2021		300,000		327,633
6.300%, 12/01/2021		100,000		107,390
6.899%, 12/01/2040		2,600,000		2,868,762
6.899%, 12/01/2040		2,700,000		2,907,846
Illinois Municipal Electric Agency
6.832%, 02/01/2035		200,000		223,948
State of Illinois
4.071%, 01/01/2014		2,100,000		2,151,093

				8,586,672
Iowa - 0.04%
Tobacco Settlement Authority of
Iowa, Series A
6.500%, 06/01/2023		960,000		862,224
Louisiana - 0.13%
State of Louisiana
3.000%, 05/01/2043 (P)		2,600,000		2,636,062
Nevada - 0.08%
County of Clark
6.820%, 07/01/2045		1,400,000		1,435,952
Truckee Meadows Nevada Water
Authority, Series A
5.000%, 07/01/2036		200,000		194,284

				1,630,236
New Jersey - 0.42%
New Jersey State Turnpike Authority
7.414%, 01/01/2040		7,400,000		8,797,490
North Carolina - 0.01%
North Carolina Turnkpike Authority
6.700%, 01/01/2039		300,000		313,386
West Virginia - 0.13%
Tobacco Settlement Finance Authority of
West Virginia
7.467%, 06/01/2047		3,160,000		2,598,847


The accompanying notes are an integral part of the financial statements.	259

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value



MUNICIPAL BONDS (continued)
Wisconsin - 0.10%
Badger Tobacco Asset Securitization Corp.
6.125%, 06/01/2027	$	1,865,000	$	2,011,216

TOTAL MUNICIPAL BONDS (Cost $44,288,850)			$	46,035,403


COLLATERALIZED MORTGAGE
OBLIGATIONS - 5.32%
American Home Mortgage Investment
Trust, Series 2004-4, Class 4A
2.484%, 02/25/2045 (P)		188,796		147,866
Bear Stearns Adjustable Rate
Mortgage Trust
Series 2004-8, Class 2A1,
3.605%, 11/25/2034 (P)		2,780,366		2,448,316
Series 2004-9, Class 22A1,
4.141%, 11/25/2034 (P)		817,297		776,069
Bear Stearns Alt-A Trust,
Series 2005-7, Class 22A1
5.201%, 09/25/2035 (P)		1,003,477		744,152
Bear Stearns Commercial
Mortgage Securities
Series 2007-PW15, Class A4,
5.331%, 02/11/2044		400,000		370,279
Series 2007-T26, Class A4,
5.471%, 01/12/2045 (P)		1,000,000		1,009,374
Series 2007-PW18, Class A4,
5.700%, 06/11/2050		4,300,000		4,084,602
Bear Stearns Mortgage Funding Trust,
Series 2007-AR1, Class 2A1
0.298%, 02/25/2037 (P)		696,739		680,532
Citigroup Mortgage Loan Trust, Inc.
Series 2005-11, Class 1A1,
2.990%, 12/25/2035 (P)		879,301		803,663
Series 2005-11, Class A2A,
4.700%, 12/25/2035 (P)		394,323		361,918
Commercial Mortgage Pass-Through
Certificates, Series 2006-C8, Class A4
5.306%, 12/10/2046		2,900,000		2,654,549
Countrywide Alternative Loan Trust
Series 2005-81, Class A1,
0.508%, 02/25/2037 (P)		6,390,901		3,499,035
Series 2005-62, Class 2A1,
1.480%, 12/25/2035 (P)		10,107,322		5,707,985
Countrywide Home Loan Mortgage Pass
Through Trust
Series 2004-HYB9, Class 1A1,
3.396%, 02/20/2035 (P)		3,321,593		2,839,025
Series 2004-22, Class A3,
3.509%, 11/25/2034 (P)		1,916,965		1,634,480
Series 2005-HYB9, Class 3A2A,
5.250%, 02/20/2036 (P)		494,956		370,427
Credit Suisse Mortgage Capital
Certificates, Series 2006-C2, Class A3
5.657%, 03/15/2039 (P)		300,000		281,597
CS First Boston Mortgage Securities Corp.,
Series 2005-C6, Class A1
4.938%, 12/15/2040		155,495		155,796
Deutsche ALT-A Securities, Inc. Alternate
Loan Trust,
Series 2007-AR1, Class A3B
0.298%, 01/25/2047 (P)		418,455		405,283
Federal Home Loan Mortgage Corp.
Series 2007-3335, Class BF,
0.380%, 07/15/2019 (P)		2,296,759		2,291,117
Series 3335, Class FT,
0.380%, 08/15/2019 (P)		5,306,065		5,292,172


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Federal Home Loan Mortgage Corp. (continued)
Series 3149, Class LF,
0.530%, 05/15/2036 (P)	$	1,413,859	$	1,392,104
Series 2637, Class F,
0.630%, 06/15/2018 (P)		220,704		219,326
Series T-63, Class 1A1,
1.681%, 02/25/2045 (P)		175,092		164,822
Series 3036, Class NA,
5.000%, 07/15/2024		516,590		516,815
Federal National Mortgage Association
Series 2007-73, Class A1,
0.288%, 07/25/2037 (P)		3,446,119		3,300,906
Series 2005-120, Class NF,
0.328%, 01/25/2021 (P)		8,381,112		8,354,709
Series 2003-W6, Class F,
0.578%, 09/25/2042 (P)		1,611,207		1,511,372
Series 2006-5, Class 3A2,
3.805%, 05/25/2035 (P)		290,250		279,387
Series 2003-37, Class HY,
5.000%, 12/25/2016		3,929,576		4,023,956
Series 2003-21, Class M,
5.000%, 02/25/2017		264,227		272,674
Series 2005-33, Class QA,
5.000%, 06/25/2027		536,394		543,662
Greenpoint Mortgage Funding Trust
Series 2006-AR6, Class A1A,
0.308%, 10/25/2046 (P)		855,036		774,377
Series 2006-AR8, Class 1A1A,
0.308%, 01/25/2047 (P)		1,071,557		980,838
Greenwich Capital Commercial Funding
Corp., Series 2005-GG3, Class A4
4.799%, 08/10/2042 (P)		100,000		100,886
Greenwich Capital Commercial Funding
Corp., Series 2007-GG9, Class A4
5.444%, 03/10/2039		1,400,000		1,330,010
GS Mortgage Securities Corp II,
Series 2007-EOP, Class A1
0.318%, 03/06/2020 (P)(S)		2,832,257		2,727,987
GS Mortgage Securities Corp. II,
Series 2007-GG10, Class A4
5.804%, 08/10/2045 (P)		1,400,000		1,247,388
GSR Mortgage Loan Trust,
Series 2005-AR7, Class 6A1
5.219%, 11/25/2035 (P)		2,404,938		2,195,915
HSBC Asset Loan Obligation,
Series 2007-WF1, Class A1
0.288%, 12/25/2036 (P)		3,331,688		2,721,112
Indymac Index Mortgage Loan Trust,
Series 2006-AR14, Class 1A1A
0.318%, 11/25/2046 (P)		314,106		308,741
JPMorgan Chase Commercial Mortgage
Securities Corp.
Series 2007-LDPX, Class A3,
5.420%, 01/15/2049		400,000		365,077
Series 2007-LD11, Class ASB,
5.818%, 06/15/2049 (P)		100,000		100,953
Series 2007-LD12, Class A4,
5.882%, 02/15/2051 (P)		1,000,000		954,382
JPMorgan Mortgage Trust,
Series 2005-A1, Class 6T1
5.015%, 02/25/2035 (P)		1,209,942		1,204,519
JPMorgan Mortgage Trust,
Series 2005-S3, Class 1a2
5.750%, 01/25/2036		399,123		342,060


The accompanying notes are an integral part of the financial statements.	260

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
JPMorgan Chase Commercial Mortgage
Securities Corp.,
Series 2006-LDP9, Class A3
5.336%, 05/15/2047	$	3,000,000	$	2,783,385
LB-UBS Commercial Mortgage Trust,
Series 2005-C7, Class A1
4.990%, 11/15/2030		216,412		217,235
Long Beach Mortgage Loan Trust,
Series 2004-4, Class 1A1
0.508%, 10/25/2034 (P)		58,753		49,564
Mellon Residential Funding Corp.,
Series 2000-TBC3, Class A1
0.671%, 12/15/2030 (P)		4,066,686		3,661,520
Merrill Lynch Commercial Trust
2008-LAQ
1.000%, 07/09/2021		5,000,000		4,339,040
Merrill Lynch Mortgage Investors, Inc.
Series 2005-A10, Class A,
0.438%, 02/25/2036 (P)		1,024,894		706,019
Series 2005-3, Class 4A,
0.478%, 11/25/2035 (P)		265,985		192,648
Series 2005-2, Class 3A,
1.230%, 10/25/2035 (P)		507,112		403,265
Merrill Lynch/Countrywide Commercial
Mortgage Trust, Series 2007-6, Class A4
5.485%, 03/12/2051 (P)		2,000,000		1,694,215
Morgan Stanley Capital I
Series 2007-XLFA, Class A1,
0.289%, 10/15/2020 (P)(S)		680,941		614,886
Series 2007-IQ16, Class A4,
5.809%, 12/12/2049 (P)		200,000		188,059
Structured Asset Mortgage
Investments, Inc.
Series 2007-AR2, Class 2A1,
0.358%, 03/25/2037 (P)		2,968,540		1,564,872
Series 2005-AR5, Class A3,
0.478%, 07/19/2035 (P)		2,045,564		1,894,077
Series 2005-AR8, Class A1A,
0.508%, 02/25/2036 (P)		591,986		332,066
Thornburg Mortgage Securities Trust
Series 2006-6, Class A1,
0.338%, 11/25/2046 (P)		1,183,961		1,151,369
Series 2006-5, Class A1,
0.348%, 10/25/2046 (P)		3,131,489		3,031,298
Wachovia Bank Commercial
Mortgage Trust
Series 2007-WHL8, Class A1,
0.311%, 06/15/2020 (P)(S)		3,221,791		2,782,817
Series 2006-WL7A, Class A1,
0.321%, 09/15/2021 (P)(S)		6,427,452		5,715,797
WaMu Mortgage Pass-Through
Certificates,
Series 2002-AR17, Class 1A
1.670%, 11/25/2042 (P)		197,737		146,740
Washington Mutual, Inc.
Series 2005-AR19, Class A1A1,
0.498%, 12/25/2045 (P)		2,878,616		2,183,205
Series 2001-7, Class A,
1.759%, 05/25/2041 (P)		156,845		142,766
Wells Fargo Mortgage Backed
Securities Trust
Series 2004-CC, Class A1,
4.942%, 01/25/2035 (P)		2,160,277		2,109,076


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Wells Fargo Mortgage Backed Securities
Trust (continued)
Series 2006-AR2, Class 2A1,
4.950%, 03/25/2036 (P)	$	2,002,547	$	1,770,600

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $121,992,724)			$	110,166,734


ASSET BACKED SECURITIES - 2.11%
Access Group, Series 2008-1, Class A
1.548%, 10/27/2025 (P)		10,429,504		10,775,539
BA Credit Card Trust,
Series 2008-A5, Class A5
1.431%, 12/16/2013 (P)		5,100,000		5,143,885
Bank of America Auto Trust,
Series 2009-1A, Class A2
1.700%, 12/15/2011 (S)		1,600,000		1,607,467
Bear Stearns Asset Backed Securities
Trust, Series 2007-HE5, Class 1A1
0.318%, 06/25/2047 (P)		683,050		650,676
Bear Stearns Asset Backed Securities, Inc.,
Series 2007-HE1, Class 21A1
0.288%, 01/25/2037 (P)		1,670,586		1,550,717
BNC Mortgage Loan Trust,
Series 2007-2, Class A2
0.328%, 05/25/2037 (P)		1,420,927		1,259,810
Carrington Mortgage Loan Trust,
Series 2005-NC5, Class A2
0.548%, 10/25/2035 (P)		1,171,888		1,081,431
Countrywide Asset-Backed Certificates
Series 2006-18, Class 2A1,
0.278%, 03/25/2037 (P)		38,011		37,877
Series 2007-1, Class 2A1,
0.278%, 07/25/2037 (P)		4,409,857		4,200,889
Series 2006-15, Class A1,
0.338%, 10/25/2046 (P)		250,478		245,167
Credit-Based Asset Servicing and
Securitization LLC,
Series 2007-SP1, Class A1
0.318%, 12/25/2037 (P)(S)		149,546		148,693
First Franklin Mortgage Loan Asset
Backed Certificates
Series 2007-FF1, Class A2A,
0.268%, 01/25/2038		336,049		330,883
Series 2006-FF15, Class A3,
0.278%, 11/25/2036 (P)		624,578		610,525
Ford Credit Auto Owner Trust
1.210%, 01/15/2012		2,100,000		2,107,330
Series 2009-C, Class A2,
2.000%, 12/15/2011		700,000		703,246
GE Capital Commercial Mortgage Corp.,
Series 2002-3A, Class A1
4.229%, 12/10/2037		2,042,578		2,064,931
GSAMP Trust,
Series 2007-FM1, Class A2A
0.298%, 12/25/2036 (P)		850,858		546,778
HFC Home Equity Loan Asset Backed
Certificates, Series 2005-1, Class A
0.518%, 01/20/2034 (P)		2,248,899		2,022,704
HSI Asset Securitization Corp. Trust,
Series 2006-HE2, Class 2A1
0.278%, 12/25/2036 (P)		247,086		190,544
JPMorgan Mortgage Acquisition Corp.
Series 2006-WMC3, Class A2,
0.278%, 08/25/2036 (P)		3,575		3,575


The accompanying notes are an integral part of the financial statements.	261

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
JPMorgan Mortgage Acquisition
Corp. (continued)
Series 2007-HE1, Class AV1,
0.288%, 03/25/2047 (P)	$	1,308,383	$	948,108
Series 2006-HE3, Class A2,
0.298%, 11/25/2036 (P)		19,980		19,836
Master Asset Backed Securities Trust,
Series 2007-HE1, Class A1
0.308%, 05/25/2037 (P)		684,666		652,252
Morgan Stanley Asset Backed Securities
Capital I
Series 2006-NC5, Class A2A,
0.268%, 10/25/2036 (P)		154,797		152,531
Series 2007-HE1, Class A2A,
0.279%, 11/25/2036 (P)		454,192		445,077
Option One Mortgage Loan Trust,
Series 2007-1, Class 2A1
0.278%, 01/25/2037 (P)		59,128		58,745
Park Place Securities, Inc.,
Series 2004-MCW1, Class A1
0.541%, 10/25/2034 (P)		1,334,171		1,286,627
SBI Heloc Trust,
Series 2006-1A, Class 1A2A
0.398%, 08/25/2036 (P)(S)		202,224		193,186
Securitized Asset Backed Receivables LLC
Trust, Series 2007-HE1,
Class A2A ,Class A2A
0.288%, 12/25/2036 (P)		634,574		264,905
Small Business Administration
Participation Certificates
5.290%, 12/01/2027		1,826,190		1,973,332
Specialty Underwriting & Residential
Finance, Series 2007-BC1,
Class A2A ,Class A2A
0.288%, 01/25/2038 (P)		1,378,037		1,063,513
Structured Asset Securities Corp.
Series 2006-BC3, Class A2,
0.278%, 10/25/2036 (P)		409,419		405,124
Series 2006-11, Class A1,
3.659%, 10/25/2035 (P)(S)		1,026,371		863,489

TOTAL ASSET BACKED SECURITIES (Cost $45,309,077)			$	43,609,392


TERM LOANS - 0.35%
Diversified Financial Services - 0.35%
Chrysler Finance Company
9.000%, 08/03/2012 (P)		5,920,000		5,844,520
CIT Group, Inc.
1.000%, 01/18/2012 (P)		1,350,000		1,395,563

				7,240,083

TOTAL TERM LOANS (Cost $7,067,282)			$	7,240,083


PREFERRED STOCKS - 0.52%
Diversified Financial Services - 0.00%
American International Group,
Inc. 8.500%		6,200		61,380
Banks - U.S. - 0.51%
Wells Fargo & Company, Series L 7.500%		11,000		10,483,000
Automobiles And Trucks - 0.01%
General Motors Corp., Series B 5.250%		20,000		133,600

TOTAL PREFERRED STOCKS (Cost $7,677,500)			$	10,677,980


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS - 37.71%
Repurchase Agreement - 35.33%
Bank of America Tri-Party Repurchase
Agreement dated 02/26/2010 at 0.10%
to be repurchased at $70,500,588 on
03/01/2010, collateralized by
$22,109,000 U.S. Treasury Bonds,
4.25% due 05/15/2039 (valued at
$21,319,267, including interest) and
$39,037,000 U.S. Treasury Bonds,
6.875% due 08/15/2025 (valued at
$50,793,055, including interest)	$	70,500,000	$	70,500,000
Barclays Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.10% to be
repurchased at $124,001,033 on
03/01/2010, collateralized by
$45,915,000 U.S. Treasury Bonds,
7.625% due 11/15/2022 (valued at
$63,426,198, including interest) and
$59,212,000, U.S. Treasury Bonds,
2.50% due 01/15/2029 (valued at
$63,407,790, including interest)		124,000,000		124,000,000
Barclays Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.12% to be
repurchased at $89,700,897 on
03/01/2010, collateralized by
$56,159,000 U.S. Treasury Notes,
1.875% due 07/15/2013 (valued at
$70,525,029, including interest) and
$20,759,947 Government National
Mortgage Association, 5.50% due
10/20/2039 (valued at $21,985,663,
including interest)		89,700,000		89,700,000
Barclays Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.13% to be
repurchased at $42,600,462 on
03/01/2010, collateralized by
$43,148,000 Federal Home Loan
Mortgage Corp., 4.34% due 12/18/2017
(valued at $43,717,424,
including interest)		42,600,000		42,600,000
BNP Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.10% to be
repurchased at $206,501,721 on
03/01/2010, collateralized by
$192,796,400 U.S. Treasury Notes,
4.50% due 03/31/2012 (valued at
$210,867,752, including interest)		206,500,000		206,500,000
JPMorgan Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.10% to be
repurchased at $8,000,067 on
03/01/2010, collateralized by
$7,970,100 U.S. Treasury Notes, 2.375%
due 08/31/2014 (valued at $8,178,269,
including interest)		8,000,000		8,000,000
Morgan Stanley Tri-Party Repurchase
Agreement dated 02/26/2010 at 0.10%
to be repurchased at $144,601,205 on
03/01/2010, collateralized by
$105,235,000 U.S. Treasury Notes,
0.875% due 01/31/2012 (valued at
$105,531,337, including interest) and
$42,100,000 U.S. Treasury Bonds,
1.375% due 02/15/2031 (valued at
$42,170,215, including interest)		144,600,000		144,600,000


The accompanying notes are an integral part of the financial statements.	262

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Total Return Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS (continued)
Repurchase Agreement (continued)
Morgan Stanley Tri-Party Repurchase
Agreement dated 02/26/2010 at 0.11%
to be repurchased at $41,300,379 on
03/01/2010, collateralized by
$42,190,000 Federal Home Loan
Mortgage Corp., 1.00% due 02/10/2012
(valued at $42,129,246,
including interest)	$	41,300,000	$	41,300,000
Repurchase Agreement with State Street
Corp. dated 02/26/2010 at 0.01% to be
repurchased at $3,683,003 on
03/01/2010, collateralized by
$3,760,000 Federal Home Loan
Mortgage Corp., 0.00% due 03/29/2010
(valued at $3,758,120, including interest)		3,683,000		3,683,000

				730,883,000
*Short-Term Securities - 2.38%**
U.S. Treasury Bills
0.108%, 04/01/2010 (F)		36,933,000		36,932,301
0.740%, 03/11/2010 (F)		12,120,000		12,119,916
U.S. Treasury Bills, 0.010% 03/18/2010 (F)		90,000		89,998

				49,142,215

TOTAL SHORT-TERM INVESTMENTS (Cost $780,025,216)			$	780,025,215

Total Investments (Total Return Fund)
(Cost $2,362,874,784) - 114.22%			$	2,362,716,865
Other assets and liabilities, net - (14.22%)				(294,142,852)

TOTAL NET ASSETS - 100.00%			$	2,068,574,013




Schedule of Securities Sold Short
		Principal
		Amount		Value


Federal National Mortgage Association - (0.92)%
5.500%, TBA	$	(4,000,000)	$	(4,264,688)
6.000%, TBA		(14,000,000)		(14,853,125)

				(19,117,813)

TOTAL SECURITIES SOLD SHORT (Cost $(19,101,211)) $				(19,117,813)




U.S. Government Securities Fund
		Shares or
		Principal
		Amount		Value



U.S. GOVERNMENT & AGENCY
OBLIGATIONS - 41.75%
Federal Home Loan Mortgage Corp. - 5.24%
5.000%, TBA (B)	$	3,000,000	$	3,107,796
5.000%, 08/01/2035		2,498,013		2,604,569
5.500%, 11/01/2035		705,055		748,350
5.792%, 01/01/2037 (P)		1,020,103		1,075,571
6.000%, 10/01/2010 to 12/01/2028		243,387		264,476
7.000%, 02/01/2011 to 06/01/2032		282,423		305,446
9.000%, 10/01/2017		3,408		3,825
9.500%, 08/01/2020		16,011		18,434
11.750%, 12/01/2013		155		157
12.000%, 07/01/2020		2,705		3,081

				8,131,705


U.S. Government Securities Fund (continued)
		Shares or
		Principal
		Amount		Value


U.S. GOVERNMENT & AGENCY
OBLIGATIONS (continued)
Federal National Mortgage Association - 16.07%
4.750%, 11/19/2012	$	2,520,000	$	2,746,545
5.000%, 12/01/2019 to 06/01/2035		3,276,008		3,468,437
5.500%, 04/01/2018 to 08/01/2037		8,797,762		9,344,590
5.735%, 08/01/2037 (P)		1,416,829		1,489,883
6.000%, 02/01/2037		4,571,467		4,887,898
6.500%, 02/01/2026 to 09/01/2037		1,888,217		2,050,947
7.000%, 07/01/2022 to 01/01/2034		438,267		475,170
7.500%, 09/01/2029 to 02/01/2031		93,205		102,855
8.000%, 06/01/2017 to 03/01/2033		212,202		237,040
8.500%, 08/01/2019		58,066		65,738
9.000%, 05/01/2021		3,204		3,525
11.500%, 09/15/2013 to 09/01/2019		13,342		14,863
12.000%, 01/01/2013 to 04/20/2016		33,939		38,621
12.500%, 01/01/2013 to 09/20/2015		7,478		8,328
13.500%, 11/15/2014		3,915		4,259

				24,938,699
Government National Mortgage Association - 0.78%
5.000%, TBA (B)		700,000		728,383
6.500%, 02/15/2034 to 09/15/2034		234,769		258,469
7.500%, 03/15/2026 to 12/15/2027		105,589		116,465
8.500%, 06/15/2025		98,906		111,645
11.000%, 09/15/2015		482		559

				1,215,521
Treasury Inflation Protected Securities (D) - 1.16%
2.000%, 01/15/2026 (F)		914,004		911,719
2.375%, 01/15/2027 (F)		192,762		201,376
2.500%, 01/15/2029		643,763		682,741

				1,795,836
U.S. Treasury Bonds - 9.57%
3.000%, 02/28/2017		4,050,000		4,041,773
3.125%, 01/31/2017		2,480,000		2,497,050
3.500%, 02/15/2039		2,110,000		1,760,531
4.375%, 11/15/2039		2,980,000		2,904,570
4.500%, 08/15/2039		2,450,000		2,438,899
4.625%, 02/15/2040		890,000		903,906
8.750%, 05/15/2020		210,000		301,383

				14,848,112
U.S. Treasury Notes - 8.84%
0.750%, 11/30/2011		1,600,000		1,602,312
1.000%, 12/31/2011		240,000		241,200
2.250%, 01/31/2015		760,000		760,237
2.625%, 12/31/2014		410,000		417,912
3.000%, 09/30/2016		100,000		100,469
3.125%, 10/31/2016		1,460,000		1,475,854
3.375%, 11/15/2019		3,660,000		3,596,235
3.625%, 02/15/2020		4,320,000		4,331,474
4.750%, 08/15/2017		1,070,000		1,187,450

				13,713,143
Tennessee Valley Authority - 0.09%
5.250%, 09/15/2039		140,000		141,918

TOTAL U.S. GOVERNMENT & AGENCY
OBLIGATIONS (Cost $63,023,757)			$	64,784,934


COLLATERALIZED MORTGAGE
OBLIGATIONS - 7.89%
American Home Mortgage Assets,
Series 2006-3, Class 3A12
0.419%, 10/25/2046 (P)		920,762		461,052


The accompanying notes are an integral part of the financial statements.	263

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. Government Securities Fund (continued)
		Shares or
		Principal
		Amount		Value


COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
American Home Mortgage Investment Trust,
Series 2006-2, Class 1A1
0.309%, 06/25/2046 (P)	$	52,983	$	52,105
Bear Stearns Alt-A Trust,
Series 2004-11, Class 2A2
3.697%, 11/25/2034 (P)		464,606		323,470
Countrywide Alternative Loan Trust
Series 2006-OA10, Class 4A1,
0.419%, 08/25/2046 (P)		1,092,601		569,218
Series 2006-OA11, Class A4,
0.419%, 09/25/2046 (P)		1,157,651		497,975
Series 2006-OA9, Class 2A1B,
0.429%, 07/20/2046 (P)		1,217,420		517,879
Series 2006-OA7, Class 3A1,
0.439%, 06/25/2046 (P)		674,837		328,304
Series 2005-17, Class 2A1,
0.469%, 07/25/2035 (P)		390,062		207,906
Series 2005-59, Class 1A1,
0.559%, 11/20/2035 (P)		299,144		156,863
Federal Home Loan Mortgage Corp.,
Series 2525, Class AM
4.500%, 04/15/2032		240,246		227,677
Federal National Mortgage Association
Whole Loan
Series 2005-W3, Class 2AF,
0.449%, 03/25/2045 (P)		407,976		369,452
Series 2003-W12, Class 2A7,
4.680%, 06/25/2043		4,247,106		4,179,627
Series 2003-W14, Class 2A,
4.740%, 01/25/2043 (P)		638,353		630,374
Impac CMB Trust, Series 2004-5, Class 1A1
0.589%, 10/25/2034 (P)		631,693		466,647
Impac Secured Assets Corp.,
Series 2005-2, Class A1
0.549%, 03/25/2036 (P)		651,232		313,077
Luminent Mortgage Trust,
Series 2006-4, Class A1A
0.419%, 05/25/2046 (P)		817,464		421,022
Master Adjustable Rate Mortgages Trust
Series 2007-3, Class 12A1,
0.429%, 05/25/2047 (P)		1,424,264		724,168
Series 2004-15, Class 1A1,
3.935%, 12/25/2034 (P)		56,962		40,413
Morgan Stanley Mortgage Loan Trust,
Series 2006-8AR, Class 1A2
0.299%, 06/25/2036 (P)		187,899		106,136
Novastar Mortgage-Backed Notes,
Series 2006-MTA1, Class 2A1A
0.419%, 09/25/2046 (P)		799,481		440,691
Structured Asset Mortgage Investments, Inc.,
Series 2006-AR6, Class 1A1
0.409%, 07/25/2046 (P)		766,617		413,136
WaMu Mortgage Pass-Through Certificates,
Series 2005-AR17, Class A1A1
0.499%, 12/25/2045 (P)		9,797		7,301
Washington Mutual, Inc.
Series 2005-AR8, Class 2A1A,
0.519%, 07/25/2045 (P)		680,700		496,250
Series 2005-AR13, Class A1B3,
0.589%, 10/25/2045 (P)		481,882		287,539

TOTAL COLLATERALIZED MORTGAGE
OBLIGATIONS (Cost $18,113,083)			$	12,238,282


U.S. Government Securities Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES - 4.51%
ACE Securities Corp.
Series 2006-SL3, Class A1,
0.329%, 06/25/2036 (P)	$	680,854	$	72,251
Series 2006-GP1, Class A,
0.359%, 02/25/2031 (P)		432,564		351,753
Aegis Asset Backed Securities Trust,
Series 2004-2, Class A3
0.709%, 06/25/2034 (P)		173,194		156,370
Countrywide Asset-Backed Certificates,
Series 2002-BC2, Class A
0.769%, 04/25/2032 (P)		247,532		120,533
Countrywide Home Equity Loan Trust
Series 2006-E, Class 2A,
0.372%, 07/15/2036 (P)		606,990		300,842
Series 2005-E, Class 2A,
0.452%, 11/15/2035 (P)		181,985		88,282
Series 2006-RES, Class 4E1B,
0.492%, 06/15/2029 (P)(S)		586,523		134,332
Series 2006-RES, Class 4F1B,
0.492%, 05/15/2034 (P)(S)		706,591		154,841
Series 2004-I, Class A,
0.522%, 02/15/2034		583,155		293,006
GSAA Home Equity Trust,
Series 2005-5, Class A4
0.499%, 02/25/2035 (P)		39,212		38,454
GSAMP Trust, Series 2006-S4, Class A1
0.319%, 05/25/2036 (P)		392,020		30,234
IndyMac Seconds Asset Backed Trust,
Series 2006-A, Class A
0.359%, 06/25/2036 (P)		906,712		89,495
Lehman XS Trust
Series 2006-GP3, Class 3A1A,
0.299%, 06/25/2046 (P)		74,203		71,743
Series 2006-GP4, Class 3A1A,
0.299%, 08/25/2046 (P)		261,144		252,715
Series 2006-2N, Class 1A1,
0.489%, 02/25/2046 (P)		890,657		455,970
Long Beach Mortgage Loan Trust,
Series 2005-3, Class 2A2
0.509%, 08/25/2045 (P)		213,575		200,688
Merrill Lynch First Franklin Mortgage Loan
Trust, Series 2007-H1, Class 2A1
1.729%, 10/25/2037 (P)		1,120,297		811,671
Morgan Stanley Mortgage Loan Trust,
Series 2006-4SL, Class A1
0.379%, 03/25/2036 (P)		482,294		119,078
Nelnet Student Loan Trust,
Series 2008-4, Class A4
1.729%, 04/25/2024 (P)		320,000		336,515
RAAC Series, Series 2006-RP3, Class A
0.499%, 05/25/2036 (P)(S)		749,623		427,094
SACO I Trust, Inc.
Series 2006-6, Class A,
0.359%, 06/25/2036 (P)		515,658		94,592
Series 2006-7, Class A1,
0.359%, 07/25/2036 (P)		469,430		71,146
Structured Asset Securities Corp.,
Series 2006-ARS1, Class A1
0.339%, 02/25/2036 (P)(S)		522,868		25,692
Truman Capital Mortgage Loan Trust,
Series 2006-1, Class A
0.489%, 03/25/2036 (P)(S)		838,381		497,632
Washington Mutual, Inc.
Series 2007-HE3, Class 2A2,
0.399%, 05/25/2047 (P)		2,300,000		1,387,883


The accompanying notes are an integral part of the financial statements.	264

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. Government Securities Fund (continued)
		Shares or
		Principal
		Amount		Value


ASSET BACKED SECURITIES (continued)
Washington Mutual, Inc. (continued)
Series 2007-HE3, Class 2A4,
0.519%, 05/25/2047 (P)	$	1,200,000	$	420,244

TOTAL ASSET BACKED SECURITIES (Cost $15,508,875)			$	7,003,056


PREFERRED STOCKS - 0.03%
Diversified Financials - 0.03%
Federal Home Loan Mortgage Corp. (I)		23,775		27,104
Federal National Mortgage Association (I)		17,050		18,414

				45,518

TOTAL PREFERRED STOCKS (Cost $1,020,625)			$	45,518


SHORT-TERM INVESTMENTS - 50.44%
Repurchase Agreement - 14.37%
Bank of America Tri-Party Repurchase
Agreement dated 02/26/2010 at 0.08% to be
repurchased at $6,900,046 on 03/01/2010,
collateralized by $6,995,000 U.S. Treasury
Notes, 0.875% due 01/31/2011 (valued at
$7,038,000, including interest)	$	6,900,000		6,900,000
JPMorgan Tri-Party Repurchase Agreement
dated 02/26/2010 at 0.06% to be
repurchased at $15,400,077 on 03/01/2010,
collateralized by $15,556,000 Federal
National Mortgage Association, 2.186% due
05/07/2012 (valued at $15,708,000,
including interest)		15,400,000		15,400,000

				22,300,000
*Short-Term Securities - 36.07%**
Federal Home Loan Bank Discount
Notes, 0.010%		8,000,000		7,991,543
Federal National Mortgage Association
Discount Notes, 0.010%		9,400,000		9,398,744
U.S. Treasury Bills
0.010%, 05/06/2010		8,000,000		7,998,321
0.010%, 04/29/2010		10,000,000		9,997,460
0.260%, 11/18/2010		16,230,000		16,197,694
0.054%, 03/11/2010		4,400,000		4,399,921

				55,983,683

TOTAL SHORT-TERM INVESTMENTS (Cost $78,283,094)			$	78,283,683

Total Investments (U.S. Government Securities Fund)
(Cost $175,949,434) - 104.62%			$	162,355,473
Other assets and liabilities, net - (4.62%)				(7,163,866)

TOTAL NET ASSETS - 100.00%			$	155,191,607



U.S. High Yield Bond Fund
		Shares or
		Principal
		Amount		Value



CORPORATE BONDS - 75.60%
Advertising - 0.10%
Lamar Media Corp.
9.750%, 04/01/2014	$	725,000		786,625
Aerospace/Defense - 0.45%
L-3 Communications Corp.
5.875%, 01/15/2015		3,350,000		3,362,563


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Airlines - 0.01%
Continental Airlines, Inc.
8.499%, 05/01/2011	$	108,100	$	103,776
Auto Manufacturers - 0.11%
Ford Motor Company
9.500%, 09/15/2011		775,000		806,000
Auto Parts & Equipment - 0.67%
Allison Transmission, Inc., PIK
11.250%, 11/01/2015 (S)		68,700		71,105
Cooper Tire & Rubber Company
7.625%, 03/15/2027		3,225,000		2,878,313
Goodyear Tire & Rubber Company
8.625%, 12/01/2011		750,000		778,125
The Goodyear Tire & Rubber Company
7.857%, 08/15/2011		1,275,000		1,319,625

				5,047,168
Chemicals - 0.55%
Innophos Holdings, Inc.
9.500%, 04/15/2012 (S)		600,000		598,500
Innophos, Inc.
8.875%, 08/15/2014		3,415,000		3,508,913

				4,107,413
Coal - 0.11%
Cloud Peak Energy Finance Company
8.250%, 12/15/2017 (S)		350,000		349,125
8.500%, 12/15/2019 (S)		500,000		505,000

				854,125
Commercial Services - 8.50%
Carriage Services, Inc.
7.875%, 01/15/2015		2,315,000		2,228,188
Cornell Companies, Inc.
10.750%, 07/01/2012		4,425,000		4,502,438
Corrections Corp. of America
6.250%, 03/15/2013		2,850,000		2,867,813
7.750%, 06/01/2017		1,000,000		1,025,000
H&E Equipment Services, Inc.
8.375%, 07/15/2016		1,990,000		1,980,050
Iron Mountain, Inc.
7.750%, 01/15/2015		165,000		166,238
8.000%, 06/15/2020		5,200,000		5,239,000
KAR Holdings, Inc.
8.750%, 05/01/2014		1,200,000		1,212,000
10.000%, 05/01/2015		12,725,000		13,265,813
Lender Processing Services, Inc.
8.125%, 07/01/2016		6,095,000		6,506,413
Mac-Gray Corp.
7.625%, 08/15/2015		3,470,000		3,400,600
NCO Group, Inc.
11.875%, 11/15/2014		4,975,000		4,129,250
Rural/Metro Corp., Steps up to 12.75%
on 03/15/2010
maturing at 03/15/2016		3,880,000		4,074,000
Service Corp. International
6.750%, 04/01/2015 to 04/01/2016		2,452,000		2,413,630
7.000%, 06/15/2017		4,100,000		4,018,000
7.500%, 04/01/2027		3,688,000		3,328,420
7.625%, 10/01/2018		80,000		80,400
7.875%, 02/01/2013		850,000		850,000
8.000%, 11/15/2021		1,000,000		997,500
Sheridan Group, Inc.
10.250%, 08/15/2011		1,500,000		1,425,000


The accompanying notes are an integral part of the financial statements.	265

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Commercial Services (continued)
The Geo Group, Inc.
7.750%, 10/15/2017 (S)	$	225,000	$	227,813

				63,937,566
Computers - 3.04%
Affiliated Computer Services, Inc.
5.200%, 06/01/2015		3,800,000		3,923,500
Seagate Technology HDD Holdings
6.800%, 10/01/2016		2,275,000		2,269,313
Seagate Technology International
10.000%, 05/01/2014 (S)		300,000		340,875
SunGard Data Systems, Inc.
4.875%, 01/15/2014		1,600,000		1,494,000
9.125%, 08/15/2013		365,000		373,669
10.250%, 08/15/2015		13,939,000		14,461,713

				22,863,070
Distribution/Wholesale - 0.40%
McJunkin Red Man Corp.
9.500%, 12/15/2016 (S)		3,000,000		3,007,500
Diversified Financial Services - 6.80%
American General Finance Corp.
5.750%, 09/15/2016		500,000		352,374
6.900%, 12/15/2017		5,300,000		3,801,430
American General Finance Corp. Series MTN
6.500%, 09/15/2017		700,000		501,998
Chukchansi Economic Development Authority
4.024%, 11/15/2012 (P)(S)		875,000		682,500
8.000%, 11/15/2013 (S)		2,442,000		1,978,020
CIT Group, Inc.
7.000%, 05/01/2013 to 05/01/2017		14,905,420		13,340,182
Citigroup, Inc.
5.000%, 09/15/2014		400,000		397,792
5.875%, 02/22/2033		850,000		711,938
6.000%, 10/31/2033		1,300,000		1,103,904
El Paso Performance-Linked Trust
7.750%, 07/15/2011 (S)		1,750,000		1,824,760
Ford Motor Credit Company LLC
7.000%, 10/01/2013		1,580,000		1,556,091
7.250%, 10/25/2011		340,000		344,670
8.000%, 12/15/2016		7,575,000		7,606,345
Lehman Brothers Holdings, Inc.
7.875%, 08/15/2010 (H)		3,425,000		770,625
LPL Holdings, Inc.
10.750%, 12/15/2015 (S)		3,750,000		3,810,938
NSG Holdings, Inc.
7.750%, 12/15/2025 (S)		2,125,000		1,838,125
Nuveen Investments, Inc.
5.500%, 09/15/2015		11,489,000		8,272,080
10.500%, 11/15/2015		2,545,000		2,303,225

				51,196,997
Electric - 3.90%
Calpine Construction Finance Company LP
8.000%, 06/01/2016 (S)		800,000		810,000
Calpine Corp.
7.250%, 10/15/2017 (S)		8,239,000		7,930,038
Ipalco Enterprises, Inc.
7.250%, 04/01/2016 (S)		6,125,000		6,186,250
8.625%, 11/14/2011		1,050,000		1,089,375
NRG Energy, Inc.
7.250%, 02/01/2014		735,000		740,513
7.375%, 02/01/2016 to 01/15/2017		12,748,000		12,549,715

				29,305,891


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Electronics - 0.01%
Muzak Finance Corp.
13.000%, 03/15/2010 (H)	$	700,000	$	43,190
Entertainment - 2.97%
AMC Entertainment, Inc.
8.750%, 06/01/2019		7,000,000		7,227,500
Cinemark USA, Inc.
8.625%, 06/15/2019		6,400,000		6,656,000
Regal Cinemas Corp.
8.625%, 07/15/2019		3,725,000		3,887,969
River Rock Entertainment Authority
9.750%, 11/01/2011		2,360,000		2,174,150
Yonkers Racing Corp.
11.375%, 07/15/2016 (S)		2,300,000		2,426,500

				22,372,119
Food - 0.07%
Del Monte Corp.
7.500%, 10/15/2019 (S)		250,000		253,750
Michael Foods, Inc.
8.000%, 11/15/2013		300,000		306,000

				559,750
Forest Products & Paper - 0.30%
Bowater Canada Finance Corp.
7.950%, 11/15/2011 (H)		23,000		8,280
Georgia-Pacific Corp.
7.125%, 01/15/2017 (S)		2,230,000		2,252,300

				2,260,580
Healthcare Products - 1.79%
Biomet, Inc.
11.625%, 10/15/2017		7,265,000		8,027,825
The Cooper Companies, Inc.
7.125%, 02/15/2015		5,516,000		5,433,260

				13,461,085
Healthcare Services - 5.73%
Centene Corp.
7.250%, 04/01/2014		1,825,000		1,783,938
Community Health Systems, Inc.
8.875%, 07/15/2015		9,585,000		9,920,475
DaVita, Inc.
6.625%, 03/15/2013		1,375,000		1,378,438
HCA, Inc.
7.875%, 02/01/2011		885,000		907,125
8.500%, 04/15/2019 (S)		2,125,000		2,279,063
9.125%, 11/15/2014		600,000		630,750
9.250%, 11/15/2016		5,150,000		5,465,438
HCA, Inc., PIK
9.625%, 11/15/2016		1,709,000		1,828,630
Health Management Associates, Inc.
6.125%, 04/15/2016		2,000,000		1,865,000
Healthsouth Corp.
10.750%, 06/15/2016		2,100,000		2,268,000
Multiplan, Inc.
10.375%, 04/15/2016 (S)		2,500,000		2,562,500
Sun Healthcare Group, Inc.
9.125%, 04/15/2015		4,717,000		4,787,755
Tenet Healthcare Corp.
6.875%, 11/15/2031		657,000		525,600
9.000%, 05/01/2015 (S)		2,800,000		2,933,000
10.000%, 05/01/2018 (S)		1,075,000		1,182,500
United Surgical Partners International, Inc.
8.875%, 05/01/2017		2,725,000		2,786,313

				43,104,525


The accompanying notes are an integral part of the financial statements.	266

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Home Furnishings - 0.48%
ALH Finance LLC
8.500%, 01/15/2013	$	3,650,000	$	3,640,875
Household Products - 0.14%
Central Garden and Pet Company
8.250%, 03/01/2018		1,050,000		1,053,938
Insurance - 0.82%
HUB International Holdings, Inc.
10.250%, 06/15/2015 (S)		3,700,000		3,431,750
USI Holdings Corp.
9.750%, 05/15/2015 (S)		3,000,000		2,752,500

				6,184,250
Lodging - 0.87%
Ameristar Casinos, Inc.
9.250%, 06/01/2014		5,975,000		6,109,438
San Pasqual Casino Development Group
8.000%, 09/15/2013 (S)		443,000		420,850

				6,530,288
Media - 7.80%
Barrington Broadcasting Group LLC
10.500%, 08/15/2014		4,400,000		3,729,000
CCH II LLC / CCH II Capital Corp.
13.500%, 11/30/2016		1,045,063		1,234,481
Charter Communications Operating LLC
8.000%, 04/30/2012 (S)		11,400,000		11,799,000
8.375%, 04/30/2014 (S)		8,350,000		8,475,250
CSC Holdings, Inc.
6.750%, 04/15/2012		1,750,000		1,815,625
8.500%, 04/15/2014 (S)		2,200,000		2,312,750
DirecTV Holdings LLC
6.375%, 06/15/2015		200,000		206,750
DISH DBS Corp.
7.750%, 05/31/2015		4,000,000		4,150,000
EchoStar DBS Corp.
6.375%, 10/01/2011		3,791,000		3,942,640
6.625%, 10/01/2014		2,250,000		2,255,625
7.000%, 10/01/2013		600,000		613,500
Fisher Communications, Inc.
8.625%, 09/15/2014		2,775,000		2,660,531
Nielsen Finance LLC
10.000%, 08/01/2014		1,785,000		1,851,938
11.500%, 05/01/2016		400,000		445,500
Nielsen Finance LLC, Steps up to 12.50%
on 08/01/11
maturing at 08/01/2016 (P)		7,865,000		7,117,825
Salem Communications Corp.
9.625%, 12/15/2016 (S)		450,000		464,625
Videotron Ltee
6.375%, 12/15/2015		1,070,000		1,048,600
6.875%, 01/15/2014		2,260,000		2,268,475
9.125%, 04/15/2018		2,110,000		2,294,625

				58,686,740
Mining - 0.62%
Freeport-McMoRan Copper & Gold, Inc.
8.375%, 04/01/2017		4,300,000		4,665,500
Oil & Gas - 3.83%
Denbury Resources, Inc.
8.250%, 02/15/2020		3,025,000		3,130,875
Encore Acquisition Company
9.500%, 05/01/2016		75,000		79,875
Forest Oil Corp.
7.250%, 06/15/2019		1,200,000		1,176,000
8.500%, 02/15/2014		250,000		258,125


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Oil & Gas (continued)
Hilcorp Energy I LP
7.750%, 11/01/2015 (S)	$	2,430,000	$	2,363,175
9.000%, 06/01/2016 (S)		3,625,000		3,670,313
Sabine Pass LNG LP
7.500%, 11/30/2016 (S)		16,083,000		14,112,833
SandRidge Energy, Inc., PIK
8.625%, 04/01/2015		3,475,000		3,405,500
Swift Energy Company
7.125%, 06/01/2017		625,000		592,188

				28,788,884
Oil & Gas Services - 0.67%
Key Energy Services, Inc.
8.375%, 12/01/2014		5,075,000		5,024,250
National Oilwell Varco, Inc.
6.125%, 08/15/2015		23,000		23,469

				5,047,719
Packaging & Containers - 1.47%
Crown Americas LLC
7.625%, 05/15/2017 (S)		500,000		520,000
Graham Packaging Company LP
9.875%, 10/15/2014		4,808,087		4,904,248
Owens-Brockway Glass Container, Inc.
7.375%, 05/15/2016		1,000,000		1,032,500
8.250%, 05/15/2013		2,950,000		2,994,250
Owens-Illinois, Inc.
7.800%, 05/15/2018		1,550,000		1,588,750

				11,039,748
Pharmaceuticals - 0.32%
Omnicare, Inc.
6.875%, 12/15/2015		2,495,000		2,395,200
Pipelines - 2.62%
El Paso Corp.
6.875%, 06/15/2014		500,000		504,195
6.950%, 06/01/2028		1,325,000		1,183,147
7.000%, 06/15/2017		3,950,000		3,962,123
7.250%, 06/01/2018		2,500,000		2,516,055
7.750%, 01/15/2032		8,089,000		7,815,867
7.800%, 08/01/2031		2,550,000		2,477,555
8.050%, 10/15/2030		700,000		687,491
8.250%, 02/15/2016		525,000		556,500

				19,702,933
Real Estate - 1.27%
HRPT Properties Trust
6.250%, 06/15/2017		3,000,000		2,920,374
National Retail Properties, Inc.
5.125%, 06/15/2028		2,000,000		2,112,500
6.875%, 10/15/2017		1,375,000		1,409,778
Realty Income Corp.
6.750%, 08/15/2019		2,550,000		2,601,579
Ventas Realty LP, Series 1
6.500%, 06/01/2016		500,000		498,750

				9,542,981
Retail - 4.15%
AmeriGas Partners LP
7.125%, 05/20/2016		4,575,000		4,586,438
7.250%, 05/20/2015		800,000		804,000
Federated Retail Holdings, Inc.
5.350%, 03/15/2012		250,000		257,500
Macy’s Retail Holdings, Inc.
7.450%, 09/15/2011 to 10/15/2016		5,400,000		5,416,500
7.875%, 08/15/2036		3,825,000		3,471,188


The accompanying notes are an integral part of the financial statements.	267

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Retail (continued)
O’Charleys, Inc.
9.000%, 11/01/2013	$	6,225,000	$	6,193,875
Sonic Automotive, Inc., Series B
8.625%, 08/15/2013		3,058,000		3,065,645
Suburban Propane Partners LP
6.875%, 12/15/2013		2,925,000		2,954,250
Toys R Us Property Company I LLC
10.750%, 07/15/2017 (S)		2,400,000		2,634,000
Toys R Us Property Company LLC
8.500%, 12/01/2017 (S)		1,825,000		1,843,250

				31,226,646
Software - 1.43%
First Data Corp.
9.875%, 09/24/2015		2,625,000		2,270,625
First Data Corp., PIK
10.550%, 09/24/2015		9,813,862		8,513,525

				10,784,150
Telecommunications - 10.99%
CC Holdings GS V LLC
7.750%, 05/01/2017 (S)		6,875,000		7,442,188
Cricket Communications, Inc.
9.375%, 11/01/2014		8,572,000		8,529,140
Crown Castle International Corp.
7.125%, 11/01/2019		1,725,000		1,725,000
GCI, Inc.
8.625%, 11/15/2019 (S)		3,100,000		3,150,375
Intelsat Corp.
9.250%, 08/15/2014 to 06/15/2016		12,850,000		13,247,250
MetroPCS Wireless, Inc.
9.250%, 11/01/2014		6,445,000		6,428,888
Qwest Communications International,
Inc., Series B
7.500%, 02/15/2014		1,725,000		1,742,250
Qwest Corp.
3.504%, 06/15/2013 (P)		1,400,000		1,372,000
6.500%, 06/01/2017		1,250,000		1,257,813
7.625%, 06/15/2015		300,000		320,625
7.875%, 09/01/2011		2,800,000		2,961,000
8.875%, 03/15/2012		4,625,000		5,012,344
SBA Telecommunications, Inc.
8.000%, 08/15/2016 (S)		600,000		624,000
8.250%, 08/15/2019 (S)		700,000		735,000
Sprint Capital Corp.
6.875%, 11/15/2028		2,100,000		1,590,750
8.750%, 03/15/2032		22,650,000		19,988,758
Time Warner Telecom Holdings, Inc.
9.250%, 02/15/2014		4,425,000		4,557,750
Valor Telecommunications Enterprise LLC
7.750%, 02/15/2015		2,000,000		2,035,000

				82,720,131
Tire & Rubber - 0.23%
American Tire Distributors Holdings, Inc.
6.501%, 04/01/2012 (P)		450,000		371,250
10.750%, 04/01/2013		1,475,000		1,386,500

				1,757,750
Transportation - 2.38%
General Maritime Corp.
12.000%, 11/15/2017 (S)		3,800,000		3,933,000
Gulfmark Offshore, Inc.
7.750%, 07/15/2014		3,850,000		3,811,500
Overseas Shipholding Group, Inc.
7.500%, 02/15/2024		5,045,000		4,395,456


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


CORPORATE BONDS (continued)
Transportation (continued)
RailAmerica, Inc.
9.250%, 07/01/2017	$	2,993,000	$	3,138,909
Teekay Corp.
8.500%, 01/15/2020		875,000		888,125
Trailer Bridge, Inc.
9.250%, 11/15/2011		1,750,000		1,741,250

				17,908,240

TOTAL CORPORATE BONDS (Cost $539,056,032)			$	568,855,916


COMMON STOCKS - 0.74%
Consumer Services - 0.01%
Tropicana Entertainment LLC		7,500		105,000
Diversified Financials - 0.52%
CIT Group, Inc. (I)		106,975		3,897,092
Media - 0.21%
Dex One Corp. (I)		53,110		1,582,688

TOTAL COMMON STOCKS (Cost $4,911,254)			$	5,584,780


PREFERRED STOCKS - 0.01%
Consumer Services - 0.01%
Tropicana Las Vegas Resort & Casino
LLC 12.500%		1,270		71,120

TOTAL PREFERRED STOCKS (Cost $127,000)				71,120


TERM LOANS - 19.97%
Advertising - 0.06%
Getty Images, Inc.
6.250%, 07/02/2015 (P)		417,874		419,180
Apparel - 0.09%
Iconix Brand Group, Inc.
2.490%, 01/02/2012 (P)		675,095		658,218
Auto Manufacturers - 1.50%
Ford Motor Company
3.260%, 12/16/2013 (P)		3,146,250		2,895,204
3.260%, 12/16/2013 (P)		9,022,031		8,428,084

				11,323,288
Auto Parts & Equipment - 1.75%
Allison Transmission, Inc.
2.750%, 08/07/2014 (P)		3,776,197		3,458,169
Federal Mogul Corp.
2.170%, 12/29/2014 (P)		3,108,235		2,718,736
2.170%, 12/28/2015 (P)		2,885,547		2,523,954
Goodyear Tire & Rubber Company
2.340%, 04/30/2014 (P)		4,850,000		4,500,397

				13,201,256
Banks - 0.28%
HMSC Corp.
2.500%, 04/03/2014 (P)		388,995		328,701
5.750%, 10/03/2014 (P)		2,650,000		1,775,500

				2,104,201
Chemicals - 0.26%
Celanese Holdings LLC
1.980%, 04/02/2014 (P)		166,667		160,000
2.000%, 04/02/2014 (P)		1,053,358		1,009,662
Chemtura Corp.
6.000%, 03/22/2011 (P)		750,000		753,281

				1,922,943


The accompanying notes are an integral part of the financial statements.	268

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


TERM LOANS (continued)
Commercial Services - 0.79%
Acosta, Inc.
2.480%, 07/28/2013 (P)	$	761,387	$	726,173
Coinmach Laundry Corp.
3.250%, 11/20/2014 (P)		1,755,484		1,518,494
Education Management Corp.
2.060%, 06/03/2013 (P)		1,683,057		1,596,538
Live Nation, Inc.
3.490%, 06/21/2013 (P)		380,299		372,693
Web Services Company LLC
7.000%, 08/28/2014 (P)		1,724,375		1,722,220

				5,936,118
Computers - 0.16%
Reynolds & Reynolds Company, Inc.
2.250%, 10/26/2012 (P)		154,059		145,586
SunGard Data Systems, Inc.
1.980%, 02/28/2014 (P)		1,084,065		1,038,669

				1,184,255
Distribution/Wholesale - 0.08%
Adesa, Inc.
2.980%, 10/18/2013 (P)		610,659		588,904
Diversified Financial Services - 1.44%
CCM Merger, Inc.
8.500%, 07/21/2012 (P)		3,989,791		3,931,608
Linsco/Private Ledger Corp.
2.000%, 06/28/2013 (P)		2,327,246		2,218,640
Local TV Finance LLC
2.260%, 05/07/2013 (P)		2,419,208		2,092,615
NSG Holdings
1.750%, 06/15/2014 (P)		24,169		22,598
1.750%, 06/15/2014 (P)		118,163		110,482
Nuveen Investments, Inc.
3.290%, 11/13/2014 (P)		1,092,845		950,775
VNU Nielsen Financial LLC
2.230%, 08/09/2013 (P)		1,620,627		1,526,283

				10,853,001
Electric - 3.25%
Calpine Corp.
3.140%, 03/29/2014 (P)		1,594,772		1,496,686
NRG Energy, Inc.
1.990%, 02/01/2013 (P)		1,498,127		1,445,181
2.000%, 02/01/2013 (P)		881,125		849,985
Texas Competitive Electric Holdings
Company LLC
3.730%, 10/10/2014 (P)		997,500		790,519
3.730%, 10/10/2014 (P)		20,697,070		16,553,982
TPF Generation Holdings LLC
2.230%, 12/15/2013 (P)		745,435		718,724
2.250%, 12/15/2011 (P)		90,298		87,063
2.250%, 12/13/2013 (P)		288,051		277,730
4.483%, 12/15/2014 (P)		2,550,000		2,234,438

				24,454,308
Energy-Alternate Sources - 0.42%
Covanta Energy Corp.
1.650%, 02/10/2014 (P)		609,148		580,214
1.750%, 02/10/2014 (P)		1,203,306		1,146,149
Longview Power LLC
2.560%, 02/28/2014 (P)		33,333		30,500
2.560%, 02/28/2014 (P)		696,361		637,170
2.560%, 02/28/2014 (P)		812,421		743,365

				3,137,398


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


TERM LOANS (continued)
Entertainment - 1.63%
Greektown Holdings LLC
2.480%, 09/30/2010 (P)	$	352,381	$	375,286
7.000%, 12/03/2012 (P)		1,600,000		1,704,000
7.000%, 12/03/2012 (P)		758,453		807,752
14.500%, 09/30/2010 (P)		3,347,619		3,381,095
Greenwood Racing, Inc.
2.480%, 11/28/2011 (P)		964,934		928,146
Penn National Gaming, Inc.
1.980%, 10/03/2012 (P)		5,003,978		4,900,145
Regal Cinemas Corp.
4.000%, 10/28/2013 (P)		188,921		188,986

				12,285,410
Food - 0.30%
Dole Food Company, Inc.
7.890%, 04/12/2013 (P)		265,584		265,584
8.000%, 04/12/2013 (P)		461,866		461,866
8.000%, 04/12/2013 (P)		1,498,538		1,498,538

				2,225,988
Forest Products & Paper - 0.61%
Georgia-Pacific Corp.
2.240%, 12/20/2012 (P)		1,633,092		1,594,918
2.260%, 12/24/2012 (P)		3,081,869		3,009,831

				4,604,749
Hand & Machine Tools - 0.04%
Alliance Laundry Systems
2.740%, 01/27/2012 (P)		336,857		323,804
Healthcare Services - 1.71%
AGA Medical Corp.
2.260%, 04/26/2013 (P)		3,850,000		3,498,688
Community Health Systems, Inc.
2.500%, 07/25/2014 (P)		2,235,576		2,088,867
2.500%, 07/25/2014 (P)		114,265		106,766
HCA, Inc.
1.750%, 11/16/2012 (P)		4,773,467		4,508,191
Health Management Associates, Inc.
2.000%, 02/28/2014 (P)		1,107,625		1,043,783
Healthsouth Corp.
2.510%, 03/11/2013 (P)		960,900		929,070
Sun Healthcare Group, Inc.
0.150%, 04/21/2014 (P)		124,251		116,796
2.300%, 04/21/2014 (P)		590,156		554,746

				12,846,907
Insurance - 0.48%
AmWINS Group, Inc.
2.760%, 06/08/2013 (P)		2,225,391		2,060,341
5.750%, 06/08/2013 (P)		1,950,000		1,579,500

				3,639,841
Internet - 0.41%
Emdeon Business Services LLC
2.260%, 11/16/2013 (P)		454,536		443,884
5.260%, 05/16/2014 (P)		2,700,000		2,651,063

				3,094,947
Machinery-Diversified - 0.14%
Rexnord Holdings, Inc.
7.260%, 02/20/2013 (P)		1,623,884		1,055,524
Media - 1.47%
Barrington Broadcasting Company LLC
4.500%, 08/12/2013 (P)		1,220,598		1,051,240
Cablevision Systems Corp.
2.000%, 03/29/2013 (P)		850,000		823,821


The accompanying notes are an integral part of the financial statements.	269

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value



TERM LOANS (continued)
Media (continued)
Charter Communications Operating LLC
2.230%, 09/06/2014 (P)	$	1,750,000 $	$	1,573,906
Citadel Broadcasting Corp.
1.980%, 06/12/2014 (P)		19,774		16,342
Gray Television, Inc.
3.750%, 12/31/2014 (P)		4,375,639		3,931,512
Mission Broadcasting, Inc.
5.000%, 10/01/2012 (P)		438,757		424,132
Nexstar Broadcasting Group, Inc.
5.000%, 10/01/2012 (P)		415,959		402,094
Sinclair Television Group, Inc.
6.500%, 10/29/2015 (P)		2,800,000		2,814,000

				11,037,047
Oil & Gas - 0.25%
Coffeyville Resources, Inc.
8.500%, 12/28/2013 (P)		1,903,566		1,914,670
Packaging & Containers - 0.09%
Graham Packaging Company
2.500%, 10/07/2011 (P)		722,576		712,737
Pipelines - 0.17%
Dynegy Holdings, Inc.
3.980%, 04/02/2013 (P)		96,761		94,429
3.980%, 04/02/2013 (P)		1,202,002		1,173,025

				1,267,454
Real Estate - 0.80%
Capital Automotive
2.730%, 12/14/2012 (P)		6,590,689		6,014,003
Retail - 0.17%
Pep Boys - Manny
2.260%, 10/02/2013 (P)		235,105		222,762
Tire Rack Holdings, Inc.
1.980%, 06/24/2012 (P)		1,118,066		1,052,846

				1,275,608
Software - 0.74%
First Data Corp.
3.000%, 09/24/2014 (P)		1,394,906		1,213,374
3.000%, 09/24/2014 (P)		3,882,489		3,385,852
Vertafore, Inc.
5.500%, 07/31/2014 (P)		987,718		948,209

				5,547,435
Telecommunications - 0.88%
Crown Castle International Corp.
1.730%, 03/06/2014 (P)		1,584,585		1,545,218
Intelsat, Ltd.
2.730%, 07/03/2013 (P)		2,987,622		2,850,191
Level 3 Communications, Inc.
2.500%, 03/13/2014 (P)		2,450,000		2,207,553

				6,602,962

TOTAL TERM LOANS (Cost $143,871,420)			$	150,232,156


ASSET BACKED SECURITIES - 0.14%
Other ABS - 0.14%
DB Master Finance LLC, Series 2006-1,
Class -M1
8.285%, 06/20/2031 (S)		1,250,000		1,076,213

TOTAL ASSET BACKED SECURITIES (Cost $1,249,978)			$	1,076,213


U.S. High Yield Bond Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS - 1.73%
*Short-Term Securities - 1.73%**
State Street Institutional Liquid Reserves
Fund, 0.1176%	$	13,018,289	$	13,018,289

TOTAL SHORT-TERM INVESTMENTS (Cost $13,018,289)			$	13,018,289

Total Investments (U.S. High Yield Bond Fund)
(Cost $702,233,973) - 98.19%			$	738,838,474
Other assets and liabilities, net - 1.81%				13,649,336

TOTAL NET ASSETS - 100.00%			$	752,487,810




U.S. Multi Sector Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 94.36%
Consumer Discretionary - 4.64%
Auto Components - 0.11%
Autoliv, Inc. (I)		1,900	$	84,759
Johnson Controls, Inc.		30,700		954,770

				1,039,529
Automobiles - 0.18%
Ford Motor Company (I)(L)		110,000		1,291,400
Harley-Davidson, Inc. (L)		17,100		420,831

				1,712,231
Diversified Consumer Services - 0.28%
Apollo Group, Inc., Class A (I)		24,800		1,485,024
ITT Educational Services, Inc. (I)		9,500		1,035,880
Strayer Education, Inc. (L)				172,391

				2,693,295
Hotels, Restaurants & Leisure - 0.68%
Darden Restaurants, Inc.		6,500		263,575
International Game Technology		17,900		314,145
Marriott International, Inc., Class A (L)		7,251		196,575
McDonald’s Corp.		61,100		3,901,235
Starbucks Corp. (I)		79,200		1,814,472
Yum! Brands, Inc.		4,100		138,252

				6,628,254
Household Durables - 0.05%
NVR, Inc. (I)				174,950
Whirlpool Corp. (L)		3,600		302,976

				477,926
Internet & Catalog Retail - 0.53%
Amazon.com, Inc. (I)		24,600		2,912,640
Expedia, Inc.		26,300		584,912
Liberty Media Corp. - Interactive A (I)		22,400		282,016
Netflix, Inc. (I)(L)		2,600		171,730
Priceline.com, Inc. (I)(L)		5,480		1,242,645

				5,193,943
Media - 0.46%
CBS Corp., Class B		21,900		284,481
Discovery Communications, Inc., Series A (I)		7,300		227,395
Liberty Media-Starz, Series A (I)				41,763
The McGraw-Hill Companies, Inc.		1,800		61,560
News Corp., Class A		112,800		1,508,136
Time Warner Cable, Inc.		10,012		467,460
Time Warner, Inc.		3,700		107,448
Viacom, Inc., Class B (I)		41,200		1,221,580
Virgin Media, Inc. (L)		24,600		398,520


The accompanying notes are an integral part of the financial statements.	270

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. Multi Sector Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Media (continued)
The Walt Disney Company	6,300	$	196,812

			4,515,155
Multiline Retail - 0.38%
Dollar Tree, Inc. (I)	5,300		295,422
Family Dollar Stores, Inc. (L)	16,900		557,531
J.C. Penney Company, Inc.	8,100		223,398
Kohl’s Corp. (I)	18,300		984,906
Macy’s, Inc.	10,500		201,075
Nordstrom, Inc. (L)	25,200		930,888
Sears Holdings Corp. (I)(L)	2,400		229,608
Target Corp.	6,300		324,576

			3,747,404
Specialty Retail - 1.47%
Abercrombie & Fitch Company, Class A	11,400		415,188
Advance Auto Parts, Inc.	8,200		334,560
American Eagle Outfitters, Inc.	20,600		347,522
AutoNation, Inc. (I)(L)	15,800		280,450
AutoZone, Inc. (I)	4,160		690,269
Bed Bath & Beyond, Inc. (I)	17,300		719,853
Best Buy Company, Inc.	28,500		1,040,250
CarMax, Inc. (I)	14,300		288,717
The Gap, Inc.	37,300		801,950
Guess?, Inc.	6,700		273,293
Home Depot, Inc.	145,600		4,542,720
Limited Brands, Inc.	17,900		395,769
Lowe’s Companies, Inc.	45,900		1,088,289
O’Reilly Automotive, Inc. (I)(L)	14,500		569,850
PetSmart, Inc.	16,400		446,408
Ross Stores, Inc.	9,600		469,536
The Sherwin-Williams Company	8,000		507,040
Staples, Inc.	4,200		108,192
Tiffany & Company	2,200		97,658
TJX Companies, Inc.	16,600		691,058
Urban Outfitters, Inc. (I)	8,100		260,901

			14,369,473
Textiles, Apparel & Luxury Goods - 0.50%
Coach, Inc.	122,400		4,460,256
Polo Ralph Lauren Corp. (L)	5,300		423,629

			4,883,885

			45,261,095
Consumer Staples - 19.87%
Beverages - 6.40%
Coca-Cola Enterprises, Inc.	46,000		1,175,300
Hansen Natural Corp. (I)	7,700		320,320
Pepsi Bottling Group, Inc.	18,100		691,963
PepsiCo, Inc.	362,900		22,670,363
The Coca-Cola Company	712,900		37,584,088

			62,442,034
Food & Staples Retailing - 5.38%
SUPERVALU, Inc.	8,990		137,277
The Kroger Company	12,300		271,830
Wal-Mart Stores, Inc.	681,500		36,848,705
Walgreen Company	420,600		14,821,944
Whole Foods Market, Inc. (I)	9,400		333,606

			52,413,362
Food Products - 0.58%
Archer-Daniels-Midland Company	25,200		739,872
Dean Foods Company (I)	6,600		96,294
General Mills, Inc.	24,000		1,728,240
Green Mountain Coffee Roasters, Inc. (I)(L)	2,500		210,975


U.S. Multi Sector Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Food Products (continued)
Kellogg Company	32,700	$	1,705,305
Kraft Foods, Inc., Class A	29,876		849,375
Tyson Foods, Inc., Class A	17,100		291,384

			5,621,445
Household Products - 4.04%
Clorox Company	12,700		778,637
Colgate-Palmolive Company	171,300		14,207,622
Energizer Holdings, Inc. (I)	4,400		254,980
Kimberly-Clark Corp.	54,000		3,279,960
The Procter & Gamble Company	329,200		20,831,776

			39,352,975
Personal Products - 0.19%
Avon Products, Inc.	42,700		1,299,788
The Estee Lauder Companies, Inc., Class A	10,000		601,300

			1,901,088
Tobacco - 3.28%
Altria Group, Inc.	374,200		7,528,904
Lorillard, Inc.	7,200		525,888
Philip Morris International, Inc.	488,600		23,931,628

			31,986,420

			193,717,324
Energy - 8.57%
Energy Equipment & Services - 0.41%
Baker Hughes, Inc.	3,900		186,888
BJ Services Company	18,500		404,225
Cameron International Corp. (I)	7,100		292,023
Ensco International PLC, ADR	7,100		313,607
FMC Technologies, Inc. (I)	6,700		376,339
Halliburton Company	28,500		859,275
Nabors Industries, Ltd. (I)	19,100		420,964
National Oilwell Varco, Inc.	2,200		95,634
Patterson-UTI Energy, Inc.	6,000		92,640
Pride International, Inc. (I)	3,000		83,940
Schlumberger, Ltd.	13,530		826,683

			3,952,218
Oil, Gas & Consumable Fuels - 8.16%
Anadarko Petroleum Corp.	4,400		308,572
Apache Corp.	1,230		127,477
Arch Coal, Inc.	4,200		94,458
Chesapeake Energy Corp.	18,700		496,859
Chevron Corp.	228,900		16,549,470
Cimarex Energy Company	6,200		370,512
ConocoPhillips	135,500		6,504,000
Exxon Mobil Corp. (L)	786,000		51,090,000
Newfield Exploration Company (I)	7,500		383,025
Noble Energy, Inc.	3,400		246,976
Occidental Petroleum Corp.	8,000		638,800
Peabody Energy Corp.	5,800		266,626
Pioneer Natural Resources Company	3,900		181,935
Plains Exploration & Production Company (I)	7,000		229,670
Southwestern Energy Company (I)	12,200		519,110
Sunoco, Inc.	12,300		324,351
Valero Energy Corp.	49,200		861,984
Whiting Petroleum Corp. (I)	3,700		276,945
The Williams Companies, Inc.	4,300		92,622

			79,563,392

			83,515,610


The accompanying notes are an integral part of the financial statements.	271

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. Multi Sector Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Financials - 3.31%
Commercial Banks - 0.14%
BB&T Corp.	10,600	$	302,418
Comerica, Inc.	8,500		306,680
First Horizon National Corp. (I)	11,730		150,144
KeyCorp	4,400		31,460
U.S. Bancorp (L)	9,900		243,639
Wells Fargo & Company	12,800		349,952

			1,384,293
Consumer Finance - 0.34%
American Express Company	72,900		2,784,051
Capital One Financial Corp.	8,800		332,200
Discover Financial Services	12,500		170,625

			3,286,876
Diversified Financial Services - 1.94%
Affiliated Managers Group, Inc. (I)	1,200		85,356
Ameriprise Financial, Inc.	7,300		292,219
Bank of America Corp.	223,600		3,725,176
BlackRock, Inc. (L)	4,300		940,840
CME Group, Inc.	1,920		579,245
Franklin Resources, Inc.	17,830		1,813,668
IntercontinentalExchange, Inc. (I)	3,700		396,973
Invesco, Ltd.	12,900		252,840
Legg Mason, Inc.	3,500		90,475
Morgan Stanley	52,600		1,482,268
NYSE Euronext	6,200		163,556
SEI Investments Company	3,100		54,622
State Street Corp.	14,300		642,213
TD Ameritrade Holding Corp. (I)	4,400		76,956
The Goldman Sachs Group, Inc.	51,180		8,001,993
T. Rowe Price Group, Inc. (L)	5,500		278,795

			18,877,195
Insurance - 0.89%
Aflac, Inc.	16,300		806,035
The Allstate Corp.	35,600		1,112,500
Assurant, Inc.	6,200		189,224
Brown & Brown, Inc.	400		6,712
Chubb Corp.	19,300		973,878
CNA Financial Corp. (I)(L)	5,100		125,409
Fidelity National Financial, Inc., Class A	16,500		235,125
First American Corp.	5,100		164,373
Hartford Financial Services Group, Inc.	11,000		268,070
HCC Insurance Holdings, Inc.	10,200		284,580
Loews Corp.	2,500		91,150
Markel Corp. (I)	640		225,760
MetLife, Inc.	16,300		593,157
The Progressive Corp.	11,600		198,940
Prudential Financial, Inc.	5,500		288,255
The Travelers Companies, Inc.	42,300		2,224,557
Torchmark Corp.	6,600		306,900
Unum Group	12,500		260,125
W.R. Berkley Corp.	13,700		352,638

			8,707,388

			32,255,752
Health Care - 23.46%
Biotechnology - 1.49%
Amgen, Inc. (I)	184,200		10,427,562
Biogen Idec, Inc. (I)	21,200		1,166,212
Dendreon Corp. (I)(L)	6,200		193,626
Gilead Sciences, Inc. (I)	57,300		2,728,053

			14,515,453


U.S. Multi Sector Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Equipment & Supplies - 1.57%
Boston Scientific Corp. (I)	15,800	$	122,292
C.R. Bard, Inc.	1,100		92,158
Edwards Lifesciences Corp. (I)	3,300		303,039
Gen-Probe, Inc. (I)	2,900		130,732
Intuitive Surgical, Inc. (I)	2,890		1,003,235
Inverness Medical Innovations, Inc. (I)	4,800		187,296
Medtronic, Inc.	212,400		9,218,160
ResMed, Inc. (I)	3,700		211,196
Stryker Corp.	11,300		600,030
Zimmer Holdings, Inc. (I)	59,200		3,393,936

			15,262,074
Health Care Providers & Services - 4.47%
Aetna, Inc.	3,100		92,969
AmerisourceBergen Corp.	61,600		1,727,264
Cardinal Health, Inc.	33,400		1,134,598
CIGNA Corp.	28,700		983,262
Community Health Systems, Inc. (I)	2,800		95,956
Coventry Health Care, Inc. (I)	22,100		512,278
DaVita, Inc. (I)	3,700		227,957
Express Scripts, Inc. (I)	15,900		1,526,559
Humana, Inc. (I)	7,300		345,509
McKesson Corp.	44,300		2,620,345
Medco Health Solutions, Inc. (I)	10,000		632,400
Omnicare, Inc.	10,800		292,356
Quest Diagnostics, Inc.	9,400		533,450
UnitedHealth Group, Inc.	701,100		23,739,246
WellPoint, Inc. (I)	147,000		9,094,890

			43,559,039
Health Care Technology - 0.06%
Cerner Corp. (I)(L)	7,100		588,945
Life Sciences Tools & Services - 0.05%
Covance, Inc. (I)	2,600		147,212
Life Technologies Corp. (I)	7,400		375,624

			522,836
Pharmaceuticals - 15.82%
Abbott Laboratories	240,800		13,070,624
Allergan, Inc.	24,900		1,454,907
Bristol-Myers Squibb Company (L)	105,900		2,595,609
Eli Lilly & Company	459,400		15,775,796
Endo Pharmaceutical Holdings, Inc. (I)	7,900		179,725
Forest Laboratories, Inc. (I)	104,100		3,110,508
Johnson & Johnson	714,200		44,994,600
King Pharmaceuticals, Inc. (I)	12,000		135,000
Merck & Company, Inc.	638,841		23,560,456
Mylan, Inc. (I)(L)	13,500		288,090
Pfizer, Inc.	2,787,526		48,921,081
Watson Pharmaceuticals, Inc. (I)	3,900		155,181

			154,241,577

			228,689,924
Industrials - 2.74%
Aerospace & Defense - 0.94%
Boeing Company	3,000		189,480
General Dynamics Corp.	53,500		3,881,425
Goodrich Corp.	6,100		400,343
L-3 Communications Holdings, Inc.	4,700		429,674
Rockwell Collins, Inc.	1,700		95,676
United Technologies Corp.	60,300		4,139,595

			9,136,193
Air Freight & Logistics - 0.14%
C.H. Robinson Worldwide, Inc.	3,400		181,322


The accompanying notes are an integral part of the financial statements.	272

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. Multi Sector Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Air Freight & Logistics (continued)
FedEx Corp.	3,400	$	288,184
United Parcel Service, Inc., Class B	14,900		875,226

			1,344,732
Airlines - 0.01%
Southwest Airlines Company	7,900		99,382
Building Products - 0.01%
Masco Corp.	7,300		97,601
Commercial Services & Supplies - 0.03%
Copart, Inc. (I)	3,600		128,448
Iron Mountain, Inc. (I)	5,300		137,164
R.R. Donnelley & Sons Company	4,600		91,494

			357,106
Construction & Engineering - 0.03%
URS Corp. (I)	5,800		269,700
Industrial Conglomerates - 1.12%
3M Company	85,600		6,860,840
General Electric Company	244,200		3,921,852
Textron, Inc. (L)	9,800		195,216

			10,977,908
Machinery - 0.38%
Caterpillar, Inc. (L)	35,300		2,013,865
Cummins, Inc.	9,900		562,122
Danaher Corp.	1,500		110,955
Deere & Company	4,000		229,200
Flowserve Corp.	1,830		183,165
Illinois Tool Works, Inc.	5,700		259,464
Joy Global, Inc.	3,400		172,720
Parker-Hannifin Corp.	2,400		144,744

			3,676,235
Professional Services - 0.01%
Manpower, Inc.	1,900		97,888
Road & Rail - 0.05%
CSX Corp.	10,100		479,346
Trading Companies & Distributors - 0.02%
Fastenal Company (L)	3,700		164,169

			26,700,260
Information Technology - 29.06%
Communications Equipment - 4.93%
Brocade Communications Systems, Inc. (I)	21,200		123,384
Cisco Systems, Inc. (I)	1,010,100		24,575,733
Juniper Networks, Inc. (I)	9,900		277,002
Motorola, Inc. (I)	211,800		1,431,768
QUALCOMM, Inc.	589,900		21,643,431

			48,051,318
Computers & Peripherals - 5.42%
Apple, Inc. (I)	147,090		30,097,556
Dell, Inc. (I)	135,100		1,787,373
EMC Corp. (I)	53,900		942,711
Hewlett-Packard Company	79,100		4,017,489
International Business Machines Corp.	104,130		13,241,171
NetApp, Inc. (I)	18,200		546,182
SanDisk Corp. (I)	18,500		538,905
Teradata Corp. (I)	6,400		195,136
Western Digital Corp. (I)	37,200		1,437,036

			52,803,559
Electronic Equipment, Instruments & Components - 0.31%
Agilent Technologies, Inc. (I)	13,300		418,418
Amphenol Corp., Class A	3,200		133,280


U.S. Multi Sector Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Electronic Equipment, Instruments &
Components (continued)
Arrow Electronics, Inc. (I)	5,600	$	157,976
Avnet, Inc. (I)	7,100		196,031
Corning, Inc.	100,400		1,770,052
FLIR Systems, Inc. (I)(L)	6,600		176,946
Jabil Circuit, Inc.	12,900		195,693

			3,048,396
Internet Software & Services - 5.95%
Akamai Technologies, Inc. (I)(L)	9,000		236,700
eBay, Inc. (I)	691,600		15,920,632
Equinix, Inc. (I)(L)	1,900		179,493
Google, Inc., Class A (I)	78,580		41,395,944
Yahoo!, Inc. (I)	17,800		272,518

			58,005,287
IT Services - 0.41%
Cognizant Technology Solutions
Corp., Class A (I)	48,400		2,329,492
Computer Sciences Corp. (I)	6,100		315,919
Fidelity National Information Services, Inc.	15,100		340,354
Fiserv, Inc. (I)	5,900		284,557
Global Payments, Inc.	18,300		783,423

			4,053,745
Office Electronics - 0.01%
Xerox Corp.	7,402		69,357
Semiconductors & Semiconductor Equipment - 0.61%
Advanced Micro Devices, Inc. (I)	21,300		168,483
Analog Devices, Inc.	6,300		184,212
Broadcom Corp., Class A	32,800		1,027,296
Cree, Inc. (I)	8,200		556,206
Intel Corp.	24,400		500,932
Micron Technology, Inc. (I)	35,000		317,100
NVIDIA Corp. (I)(L)	52,700		853,740
ON Semiconductor Corp. (I)	12,100		96,316
Texas Instruments, Inc.	92,700		2,260,026

			5,964,311
Software - 11.42%
Adobe Systems, Inc. (I)	4,900		169,785
BMC Software, Inc. (I)	7,400		272,616
Citrix Systems, Inc. (I)	15,800		679,558
FactSet Research Systems, Inc. (L)	1,300		86,060
Intuit, Inc. (I)	3,200		103,552
McAfee, Inc. (I)	13,900		551,691
Microsoft Corp.	1,897,300		54,376,618
Oracle Corp.	2,184,100		53,838,065
Red Hat, Inc. (I)	11,000		308,550
Salesforce.com, Inc. (I)	5,600		380,520
Symantec Corp. (I)	20,700		342,585
VMware, Inc., Class A (I)(L)	4,300		212,893

			111,322,493

			283,318,466
Materials - 1.26%
Chemicals - 0.43%
Air Products & Chemicals, Inc.	6,900		473,202
Ashland, Inc.	2,100		98,868
Celanese Corp., Series A	11,500		358,685
E.I. Du Pont de Nemours & Company	12,500		421,500
Eastman Chemical Company	3,000		178,650
Lubrizol Corp.	5,200		410,852
The Dow Chemical Company	71,200		2,015,672


The accompanying notes are an integral part of the financial statements.	273

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


U.S. Multi Sector Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Chemicals (continued)
The Mosaic Company		3,740	$	218,379

				4,175,808
Metals & Mining - 0.78%
Alcoa, Inc.		58,600		779,380
Freeport-McMoRan Copper & Gold, Inc.		41,400		3,111,624
Nucor Corp.		7,500		310,500
Reliance Steel & Aluminum Company		2,600		115,284
Southern Copper Corp. (L)		100,100		2,938,936
Walter Energy, Inc.		4,010		315,066

				7,570,790
Paper & Forest Products - 0.05%
International Paper Company		16,500		382,305
MeadWestvaco Corp.		7,100		162,874

				545,179

				12,291,777
Telecommunication Services - 1.31%
Diversified Telecommunication Services - 1.26%
AT&T, Inc.		299,205		7,423,275
CenturyTel, Inc.		14,900		510,623
Verizon Communications, Inc.		152,600		4,414,715

				12,348,613
Wireless Telecommunication Services - 0.05%
Crown Castle International Corp. (I)(L)		8,400		317,520
MetroPCS Communications, Inc. (I)		6,200		38,254
NII Holdings, Inc. (I)		2,700		101,034

				456,808

				12,805,421
Utilities - 0.14%
Electric Utilities - 0.02%
FPL Group, Inc.		4,600		213,302
Independent Power Producers & Energy Traders - 0.05%
The AES Corp. (I)		39,500		461,755
Multi-Utilities - 0.06%
PG&E Corp.		12,700		532,384
Water Utilities - 0.01%
Aqua America, Inc. (L)		6,500		111,280

				1,318,721

TOTAL COMMON STOCKS (Cost $827,385,452)			$	919,874,350


SHORT-TERM INVESTMENTS - 11.36%
Repurchase Agreement - 3.21%
Repurchase Agreement with State Street Corp.
dated 02-26-2010 at 0.10% to be
repurchased at $31,277,026 on 03-01-2010,
collateralized by $31,625,000 Federal Farm
Credit Bank, 2.00% due 06-15-2012 (valued
at $31,906,463, including interest)	$	31,277,000		31,277,000
*Short-Term Securities - 1.52%**
U.S. Treasury Bills, 0.010% 03/18/2010		14,800,000		14,799,662


U.S. Multi Sector Fund (continued)
		Shares or
		Principal
		Amount		Value


SHORT-TERM INVESTMENTS (continued)
*Short-Term Securities (continued)**
Securities Lending Collateral - 6.63%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*	$	6,461,554 $	$	64,680,798

TOTAL SHORT-TERM INVESTMENTS (Cost $110,750,869) $				110,757,460

Total Investments (U.S. Multi Sector Fund)
(Cost $938,136,321) - 105.72%			$	1,030,631,810
Other assets and liabilities, net - (5.72%)				(55,792,145)

TOTAL NET ASSETS - 100.00%			$	974,839,665




Value & Restructuring Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 96.76%
Consumer Discretionary - 5.18%
Household Durables - 2.91%
Black & Decker Corp.		170,650	$	12,367,006
Newell Rubbermaid, Inc.		325,300		4,472,875

				16,839,881
Multiline Retail - 0.29%
Dollar General Corp. (I)		71,440		1,706,702
Specialty Retail - 1.98%
TJX Companies, Inc.		274,880		11,443,254

				29,989,837
Consumer Staples - 6.43%
Food Products - 0.95%
Dean Foods Company (I)		219,600		3,203,964
Dole Food Company, Inc. (I)(L)		193,328		2,267,737

				5,471,701
Personal Products - 1.58%
Avon Products, Inc.		301,300		9,171,572
Tobacco - 3.90%
Lorillard, Inc.		308,950		22,565,708

				37,208,981
Energy - 23.85%
Oil, Gas & Consumable Fuels - 23.85%
Alpha Natural Resources, Inc. (I)		481,300		22,144,613
Anadarko Petroleum Corp.		193,500		13,570,155
Cloud Peak Energy, Inc. (I)		97,400		1,481,454
ConocoPhillips		239,300		11,486,400
CONSOL Energy, Inc.		368,400		18,552,624
Devon Energy Corp.		197,800		13,620,508
El Paso Corp.		364,900		3,820,503
Murphy Oil Corp.		87,500		4,541,250
Noble Energy, Inc.		166,850		12,119,984
PetroHawk Energy Corp. (I)		332,500		7,115,500
Petroleo Brasileiro SA, ADR (L)		597,000		25,462,050
Rosetta Resources, Inc. (I)(S)		82,051		1,536,815
Rosetta Resources, Inc. (I)		59,000		1,105,070
W&T Offshore, Inc. (L)		169,500		1,493,295

				138,050,221

				138,050,221


The accompanying notes are an integral part of the financial statements.	274

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Value & Restructuring Fund (continued)
	Shares or
	Principal
	Amount		Value

COMMON STOCKS (continued)
Financials - 15.84%
Commercial Banks - 1.99%
Banco Santander SA (L)	228,300	$	2,977,032
PNC Financial Services Group, Inc.	159,200		8,558,592

			11,535,624
Diversified Financial Services - 7.47%
Apollo Investment Corp.	367,400		4,283,884
The Goldman Sachs Group, Inc.	69,500		10,866,325
Invesco, Ltd.	485,700		9,519,720
Morgan Stanley	305,300		8,603,354
JPMorgan Chase & Company	237,400		9,963,678

			43,236,961
Insurance - 5.28%
ACE, Ltd.	302,300		15,111,977
Loews Corp.	193,600		7,058,656
MetLife, Inc.	230,900		8,402,451

			30,573,084
Real Estate Investment Trusts - 1.10%
DiamondRock Hospitality Company (I)	440,691		3,939,778
Host Hotels & Resorts, Inc.	207,891		2,434,404

			6,374,182

			91,719,851
Health Care - 5.64%
Biotechnology - 0.46%
Talecris Biotherapeutics Holdings Corp. (I)	123,104		2,636,888
Health Care Equipment & Supplies - 1.54%
Baxter International, Inc.	156,500		8,909,545
Health Care Providers & Services - 1.97%
AmerisourceBergen Corp.	406,800		11,406,672
Pharmaceuticals - 1.67%
Bristol-Myers Squibb Company (L)	394,600		9,671,646

			32,624,751
Industrials - 15.15%
Aerospace & Defense - 2.67%
AerCap Holdings NV (I)(L)	478,300		4,548,633
United Technologies Corp.	158,800		10,901,620

			15,450,253
Airlines - 1.48%
Copa Holdings SA, Class A	157,600		8,571,864
Construction & Engineering - 0.82%
Aecom Technology Corp. (I)	175,400		4,753,340
Industrial Conglomerates - 1.60%
Tyco International, Ltd.	256,000		9,231,360
Machinery - 3.88%
AGCO Corp. (I)	289,700		9,922,225
Eaton Corp.	184,100		12,540,892

			22,463,117
Road & Rail - 4.28%
Ryder Systems, Inc.	124,400		4,390,076
Union Pacific Corp.	302,600		20,386,162
			24,776,238
Trading Companies & Distributors - 0.42%
RSC Holdings, Inc. (I)(L)	345,900		2,438,595

			87,684,767


Value & Restructuring Fund (continued)
		Shares or
		Principal
		Amount		Value

COMMON STOCKS (continued)
Information Technology - 7.56%
Communications Equipment - 4.47%
CommScope, Inc. (I)		252,300	$	6,431,127
Harris Corp.		430,300		19,458,166

				25,889,293
Computers & Peripherals - 2.88%
International Business Machines Corp.		131,050		16,664,318
Electronic Equipment, Instruments & Components - 0.21%
Corning, Inc.		70,000		1,234,100
				43,787,711
Materials - 12.66%
Chemicals - 4.31%
Celanese Corp., Series A		412,200		12,856,518
Lanxess AG (I)		172,744		6,347,922
PPG Industries, Inc. (L)		93,033		5,725,251

				24,929,691
Metals & Mining - 8.35%
Freeport-McMoRan Copper & Gold, Inc.		150,150		11,285,274
Grupo Mexico SAB de CV, Series B		4,541,884		10,805,208
Schnitzer Steel Industries, Inc.		112,500		5,136,750
Southern Copper Corp. (L)		435,500		12,786,280
Vale SA (L)		298,600		8,318,996

				48,332,508

				73,262,199
Telecommunication Services - 3.96%
Diversified Telecommunication Services - 0.58%
Windstream Corp.		328,399		3,326,682
Wireless Telecommunication Services - 3.38%
America Movil SAB de CV, Series L ADR		439,400		19,584,058

				22,910,740
Utilities - 0.49%
Electric Utilities - 0.49%
Enel SpA (I)		527,538		2,861,451

TOTAL COMMON STOCKS (Cost $433,186,355)			$	560,100,509

PREFERRED STOCKS - 0.49%
Financials - 0.49%
Diversified Financial Services - 0.49%
Citigroup, Inc. 7.500%		26,447		2,836,705

TOTAL PREFERRED STOCKS (Cost $2,686,700)			$	2,836,705

CONVERTIBLE BONDS - 0.85%
Consumer Discretionary - 0.85%
Automobiles - 0.85%
Ford Motor Company		3,467,000		4,923,140

TOTAL CONVERTIBLE BONDS (Cost $3,518,155)			$	4,923,140

SHORT-TERM INVESTMENTS - 12.60%
Repurchase Agreement - 1.64%
Repurchase Agreement with State Street Corp.
dated 2-26-2010 at 0.010% to be
repurchased at $9,497,008 on 3-1-2010,
collateralized by $9,525,000 Federal Home
Loan Mortgage Corp., 3.625% due
8-25-2014 (valued at $9,691,688,
including interest)	$	9,497,000		9,497,000


The accompanying notes are an integral part of the financial statements.	275

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Value & Restructuring Fund (continued)
		Shares or
		Principal
		Amount		Value

SHORT-TERM INVESTMENTS (continued)
SECURITIES LENDING COLLATERAL - 10.96%
John Hancock Collateral Investment
Trust, 0.1869% (W)(Y)	$	6,335,654	$	63,420,534

TOTAL SHORT-TERM INVESTMENTS (Cost $72,906,115)			$	72,917,534

Total Investments (Value & Restructuring Fund)
(Cost $512,297,325) - 110.70%			$	640,777,888
Other assets and liabilities, net - (10.70%)				(61,924,680)

TOTAL NET ASSETS - 100.00%			$	578,853,208



Value Fund
		Shares or
		Principal
		Amount		Value


COMMON STOCKS - 94.67%
Consumer Discretionary - 8.07%
Auto Components - 2.04%
Lear Corp. (I)		38,700	$	2,680,749
Automobiles - 2.14%
Harley-Davidson, Inc. (L)		114,674		2,822,127
Hotels, Restaurants & Leisure - 1.80%
Darden Restaurants, Inc.		58,500		2,372,175
Household Durables - 2.09%
Newell Rubbermaid, Inc. (L)		199,560		2,743,950

				10,619,001
Consumer Staples - 6.50%
Food & Staples Retailing - 2.54%
Sysco Corp.		115,800		3,346,620
Food Products - 2.53%
ConAgra Foods, Inc.		136,130		3,329,740
Personal Products - 1.43%
The Estee Lauder Companies, Inc., Class A		31,210		1,876,657

				8,553,017
Energy - 6.98%
Energy Equipment & Services - 2.01%
Smith International, Inc.		64,700		2,652,053
Oil, Gas & Consumable Fuels - 4.97%
El Paso Corp.		312,360		3,270,409
Pioneer Natural Resources Company		56,400		2,631,060
The Williams Companies, Inc.		29,500		635,430

				6,536,899

				9,188,952
Financials - 20.87%
Commercial Banks - 4.16%
BB&T Corp. (L)		102,800		2,932,884
Comerica, Inc.		70,500		2,543,640

				5,476,524
Diversified Financial Services - 5.38%
Invesco, Ltd.		33,986		666,126
Northern Trust Corp.		68,439		3,647,114
The Charles Schwab Corp.		150,900		2,762,979

				7,076,219
Insurance - 8.45%
ACE, Ltd.		84,165		4,207,408
Marsh & McLennan Companies, Inc.		119,399		2,772,445


Value Fund (continued)
	Shares or
	Principal
	Amount		Value

COMMON STOCKS (continued)
Insurance (continued)
Willis Group Holdings PLC	138,955	$	4,138,080

			11,117,933
Real Estate Investment Trusts - 1.35%
Weingarten Realty Investors (L)	85,900		1,768,681
Thrifts & Mortgage Finance - 1.53%
Washington Federal, Inc.	103,400		2,015,266

			27,454,623
Health Care - 10.18%
Health Care Equipment & Supplies - 3.44%
Beckman Coulter, Inc.	68,990		4,522,984
Health Care Providers & Services - 6.74%
Brookdale Senior Living, Inc. (I)	225,800		4,059,884
Healthsouth Corp. (I)(L)	120,580		2,086,034
Henry Schein, Inc. (I)(L)	47,900		2,722,157

			8,868,075

			13,391,059
Industrials - 16.69%
Aerospace & Defense - 3.97%
Goodrich Corp.	79,570		5,222,179
Building Products - 2.31%
Lennox International, Inc.	71,900		3,034,180
Commercial Services & Supplies - 3.41%
Avery Dennison Corp.	142,100		4,490,360
Machinery - 7.00%
Pentair, Inc.	153,350		4,993,076
Snap-on, Inc.	100,000		4,222,000

			9,215,076

			21,961,795
Information Technology - 11.61%
Computers & Peripherals - 2.45%
Diebold, Inc.	111,310		3,223,538
Electronic Equipment, Instruments & Components - 2.12%
Flextronics International, Ltd. (I)	400,331		2,786,304
IT Services - 3.26%
Fidelity National Information Services, Inc.	190,200		4,287,108
Office Electronics - 3.78%
Zebra Technologies Corp., Class A (I)	174,430		4,983,465

			15,280,415
Materials - 7.13%
Chemicals - 4.95%
PPG Industries, Inc. (L)	43,100		2,652,374
Valspar Corp.	140,880		3,854,477

			6,506,851
Containers & Packaging - 2.18%
Sonoco Products Company	97,100		2,872,218

			9,379,069
Utilities - 6.64%
Electric Utilities - 4.14%
Edison International	87,800		2,864,914
Great Plains Energy, Inc.	145,100		2,584,231

			5,449,145


The accompanying notes are an integral part of the financial statements.	276

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Value Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Multi-Utilities - 2.50%
Wisconsin Energy Corp.		67,894	$	3,288,107

				8,737,252

TOTAL COMMON STOCKS (Cost $103,109,967)			$	124,565,183


SHORT-TERM INVESTMENTS - 14.44%
*Short-Term Securities - 5.17%**
Federal Home Loan Bank Discount Notes,
0.010%, 03/01/2010	$	6,800,000		6,800,000
Securities Lending Collateral - 9.27%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)*		1,218,907		12,201,376

TOTAL SHORT-TERM INVESTMENTS (Cost $18,999,185)			$	19,001,376

Total Investments (Value Fund) (Cost $122,109,152) - 109.11%			$	143,566,559
Other assets and liabilities, net - (9.11%)				(11,984,085)

TOTAL NET ASSETS - 100.00%			$	131,582,474



Vista Fund
		Shares or
		Principal
		Amount		Value



COMMON STOCKS - 98.04%
Consumer Discretionary - 18.71%
Auto Components - 1.20%
Autoliv, Inc. (I)		69,900	$	3,118,239
Hotels, Restaurants & Leisure - 5.13%
Bally Technologies, Inc. (I)		30,300		1,254,723
Ctrip.com International, Ltd., ADR (I)		59,000		2,255,570
Las Vegas Sands Corp. (I)(L)		109,500		1,820,985
Royal Caribbean Cruises, Ltd. (I)(L)		93,900		2,654,553
Starwood Hotels & Resorts
Worldwide, Inc. (L)		101,300		3,920,310
WMS Industries, Inc. (I)		5,324		201,939
Wynn Resorts, Ltd. (L)		19,100		1,214,187

				13,322,267
Household Durables - 3.30%
Harman International Industries, Inc. (I)		45,200		1,949,928
NVR, Inc. (I)(L)		3,900		2,762,370
Tempur-Pedic International, Inc. (I)		45,700		1,297,880
Tupperware Brands Corp.		27,200		1,271,056
Whirlpool Corp.		15,500		1,304,480

				8,585,714
Internet & Catalog Retail - 1.48%
Priceline.com, Inc. (I)(L)		16,900		3,832,244
Multiline Retail - 2.30%
Dollar Tree, Inc. (I)		56,800		3,166,032
Nordstrom, Inc. (L)		76,100		2,811,134

				5,977,166
Specialty Retail - 4.27%
Bed Bath & Beyond, Inc. (I)		48,200		2,005,602
Chico’s FAS, Inc.		223,400		3,027,070
J. Crew Group, Inc. (I)(L)		45,800		1,927,264
Tiffany & Company		32,800		1,455,992
Williams-Sonoma, Inc.		125,300		2,688,938

				11,104,866


Vista Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Textiles, Apparel & Luxury Goods - 1.03%
Phillips-Van Heusen Corp.	61,400	$	2,672,128

			48,612,624
Consumer Staples - 1.99%
Food Products - 0.98%
Green Mountain Coffee Roasters, Inc. (I)(L)	14,800		1,248,972
H.J. Heinz Company	28,500		1,308,150

			2,557,122
Household Products - 0.50%
Church & Dwight Company, Inc.	19,300		1,296,574
Personal Products - 0.51%
Mead Johnson Nutrition Company	28,000		1,324,400

			5,178,096
Energy - 7.28%
Energy Equipment & Services - 1.97%
Atwood Oceanics, Inc. (I)	76,200		2,549,652
Cameron International Corp. (I)	62,500		2,570,625

			5,120,277
Oil, Gas & Consumable Fuels - 5.31%
Alpha Natural Resources, Inc. (I)	71,000		3,266,710
Brigham Exploration Company (I)(L)	118,600		1,947,412
Continental Resources, Inc. (I)	64,000		2,526,720
PetroHawk Energy Corp. (I)	121,114		2,591,840
Whiting Petroleum Corp. (I)	46,000		3,443,100

			13,775,782

			18,896,059
Financials - 7.81%
Commercial Banks - 1.49%
Comerica, Inc.	54,000		1,948,320
Fifth Third Bancorp	157,900		1,927,959

			3,876,279
Consumer Finance - 1.54%
AmeriCredit Corp. (I)(L)	120,400		2,678,900
Discover Financial Services	96,400		1,315,860

			3,994,760
Diversified Financial Services - 4.78%
Franklin Resources, Inc.	12,600		1,281,672
Janus Capital Group, Inc.	104,800		1,310,000
Jefferies Group, Inc. (L)	174,500		4,355,520
Lazard, Ltd., Class A	111,900		4,020,567
Waddell & Reed Financial, Inc.	44,000		1,446,720

			12,414,479

			20,285,518
Health Care - 13.45%
Biotechnology - 0.99%
Alexion Pharmaceuticals, Inc. (I)	51,700		2,560,184
Health Care Equipment & Supplies - 0.72%
Covidien PLC	37,800		1,856,736
Health Care Providers & Services - 5.81%
AmerisourceBergen Corp.	116,000		3,252,640
Express Scripts, Inc. (I)	53,700		5,155,737
Health Management Associates, Inc. (I)	186,900		1,362,501
Medco Health Solutions, Inc. (I)	84,000		5,312,160

			15,083,038
Health Care Technology - 2.03%
Allscripts-Misys Healthcare
Solutions, Inc. (I)(L)	111,600		1,996,524


The accompanying notes are an integral part of the financial statements.	277

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Vista Fund (continued)
	Shares or
	Principal
	Amount		Value


COMMON STOCKS (continued)
Health Care Technology (continued)
Cerner Corp. (I)(L)	39,600	$	3,284,820

			5,281,344
Life Sciences Tools & Services - 2.86%
Life Technologies Corp. (I)	120,800		6,131,808
Waters Corp. (I)	21,800		1,300,588

			7,432,396
Pharmaceuticals - 1.04%
Shire PLC	94,400		2,028,307
Shire PLC, ADR	10,583		682,815

			2,711,122

			34,924,820
Industrials - 13.28%
Aerospace & Defense - 3.96%
BE Aerospace, Inc. (I)	83,500		2,162,650
Goodrich Corp.	51,700		3,393,071
L-3 Communications Holdings, Inc.	28,900		2,642,038
Precision Castparts Corp.	18,600		2,097,150

			10,294,909
Air Freight & Logistics - 1.51%
FedEx Corp.	46,200		3,915,912
Construction & Engineering - 1.49%
Aecom Technology Corp. (I)	70,407		1,908,030
Chicago Bridge & Iron Company NV (I)	90,900		1,971,621

			3,879,651
Machinery - 5.29%
Bucyrus International, Inc.	104,200		6,518,752
Dover Corp.	29,700		1,344,222
Ingersoll-Rand PLC (L)	39,600		1,263,636
Kennametal, Inc.	50,800		1,323,340
Stanley Works (L)	57,500		3,291,875

			13,741,825
Road & Rail - 1.03%
Kansas City Southern (I)(L)	78,000		2,675,400

			34,507,697
Information Technology - 24.23%
Communications Equipment - 1.26%
F5 Networks, Inc. (I)	58,600		3,269,880
Computers & Peripherals - 4.45%
Lexmark International, Inc. (I)(L)	58,700		1,978,777
NetApp, Inc. (I)	84,200		2,526,842
Seagate Technology (I)	196,200		3,906,342
Western Digital Corp. (I)	81,800		3,159,934

			11,571,895
Electronic Equipment, Instruments & Components - 3.30%
Agilent Technologies, Inc. (I)	171,100		5,382,806
Jabil Circuit, Inc.	82,500		1,251,525
Molex, Inc.	94,800		1,938,660

			8,572,991
Internet Software & Services - 3.18%
Equinix, Inc. (I)(L)	51,700		4,884,099
GSI Commerce, Inc. (I)	54,100		1,350,877
MercadoLibre, Inc. (I)(L)	48,962		2,014,297
			8,249,273
IT Services - 1.62%
Cognizant Technology Solutions
Corp., Class A (I)	87,500		4,211,375


Vista Fund (continued)
		Shares or
		Principal
		Amount		Value


COMMON STOCKS (continued)
Semiconductors & Semiconductor Equipment - 9.20%
Altera Corp.		98,600	$	2,408,798
Analog Devices, Inc.		113,600		3,321,664
ASML Holding NV (L)		104,700		3,227,901
Atheros Communications, Inc. (I)(L)		58,900		2,113,921
Cree, Inc. (I)		20,300		1,376,949
Marvell Technology Group, Ltd. (I)		168,700		3,259,284
NVIDIA Corp. (I)(L)		101,700		1,647,540
Silicon Laboratories, Inc. (I)		28,500		1,295,040
Teradyne, Inc. (I)(L)		269,300		2,690,307
Veeco Instruments, Inc. (L)		74,800		2,550,680

				23,892,084
Software - 1.22%
Citrix Systems, Inc. (I)		44,500		1,913,945
Rovi Corp. (I)		37,600		1,259,600

				3,173,545

				62,941,043
Materials - 6.50%
Chemicals - 2.83%
Celanese Corp., Series A		81,700		2,548,223
CF Industries Holdings, Inc.		14,000		1,487,360
The Mosaic Company		56,800		3,316,552

				7,352,135
Metals & Mining - 3.67%
AK Steel Holding Corp.		113,392		2,441,330
Cliffs Natural Resources, Inc.		55,800		3,147,118
Freeport-McMoRan Copper & Gold, Inc.		17,700		1,330,332
Walter Energy, Inc.		33,200		2,608,524

				9,527,304

				16,879,439
Telecommunication Services - 4.79%
Wireless Telecommunication Services - 4.79%
American Tower Corp., Class A (I)		75,600		3,225,096
SBA Communications Corp. (I)(L)		260,588		9,214,392

				12,439,488

				12,439,488

TOTAL COMMON STOCKS (Cost $211,316,787)			$	254,664,784


SHORT-TERM INVESTMENTS - 24.75%
*Short-Term Securities - 3.30%**
State Street Institutional US Government
Money Market Fund, 0.03489%	$	8,577,957		8,577,957
Securities Lending Collateral - 21.45%
John Hancock Collateral Investment
Trust, 0.1970% (W)(Y)(Y)		5,566,647		55,722,689

TOTAL SHORT-TERM INVESTMENTS (Cost $64,287,315)			$	64,300,646

Total Investments (Vista Fund) (Cost $275,604,102) - 122.79%			$	318,965,430
Other assets and liabilities, net - (22.79%)				(59,197,406)

TOTAL NET ASSETS - 100.00%			$	259,768,024

Footnotes
Percentages are stated as a percent of net assets.


The accompanying notes are an integral part of the financial statements.	278

John Hancock Funds II

Portfolio of Investments — February 28, 2010 (Unaudited) (showing percentage of total net assets)


Key to Currency Abbreviations

ARS	- Argentine Peso
AUD	- Australian Dollar
BHD	- Bahraini Dinar
BRL	- Brazilian Real
CAD	- Canadian Dollar
COP	- Colombian Peso
DKK	- Danish Krone
EUR	- Euro
GBP	- British Pound
HUF	- Hungarian Forint
IDR	- Indonesian Rupiah
JPY	- Japanese Yen
MXN	- Mexican Peso
MYR	- Malaysian Ringgit
PLN	- Polish Zloty
SGD	- Singapore Dollar
SEK	- Swedish Krona
ZAR	- South African Rand

Key to Security Abbreviations and Legend


ADR	- American Depositary Receipts
BKNT	- Bank Note
EMTN	- Euro Medium Term Note
FHLB	- Federal Home Loan Bank
FHLMC	- Federal Home Loan Mortgage Corporation
GDR	- Global Depositary Receipts
GMTN	- Global Medium Term Note
IO	- Interest Only (Interest Tranche of Stripped Mortgage Pool)
LIBOR	- London Interbank Offered Rate
MTN	- Medium Term Note
PIK	- Paid In Kind
PLC	- Public Limited Company
SADR	- Sponsored American Depositary Receipts
SPDR	- Standard& Poor’s Depositary Receipts
TBA	- To Be Announced

(A)	The subadviser is an affiliate of the adviser.
(B)	Purchased on a forward commitment basis.
(C)	Security purchased on a when-issued or delayed delivery basis.
(D)	Principal amount of security is adjusted for inflation.
(F)	All or portion of this security is held at a broker to meet the margin
	requirements of futures contracts.
(G)	The Fund’s sub-adviser is shown parenthetically.
(H)	Non-income producing, issuer is in bankruptcy and/or is in default of
	interest payments.
(I)	Non-income producing security .
(L)	All or a portion of the security is on loan as of February 28, 2010.
(N)	Variable rate preferred stock.
(P)	Variable rate obligation. The coupon rate shown represents the rate at
	period end.
(S)	The securities are exempt from registration under the Rule 144A of the
	securities act of 1933. Such securities may be resold to qualified
.	institutional buyers, in transactions exempt from registration.
(T)	All or a portion of this security represents an unsettled term loan
	commitment. Rate will be determined at time of settlement.
(U)	All or a portion of this position represents unfunded loan commitment.
(W)	Investment is an affiliate of the Fund, the adviser and/or subadviser and
	represents the investment of securities lending collateral received.
(Y)	The rate shown is the annualized seven-day yield as of
	February 28, 2010.
*	Yield represents either the annualized yield at the date of purchase, the
	stated coupon rate or, for floating rate securities, the rate at period end.


The accompanying notes are an integral part of the financial statements.	279

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Active	All Cap	All Cap	All Cap
Assets	Bond Fund	Core Fund	Growth Fund	Value Fund

Investments in unaffiliated issuers, at value	$668,871,803	$475,802,643	$88,836,763	$315,895,215
Investments in affiliated issuers, at value (Note 2)	—	47,119,933	—	67,907,959
Securities loaned, at value (Note 2)	—	46,010,686	—	66,499,736
Repurchase agreements, at value (Note 2)	—	—	—	5,206,000
Total investments, at value	668,871,803	568,933,262	88,836,763	455,508,910
Cash	3,696	—	—	542
Foreign currency, at value	41,340	—	—	—
Cash held at broker for futures contracts	50,850	—	—	—
Receivable for investments sold	4,609,486	—	1,161,322	2,376,594
Receivable for fund shares sold	77,178	—	—	48,711
Dividends and interest receivable	7,616,116	1,231,404	111,934	357,318
Receivable for securities lending income	—	51,604	—	4,767
Other assets	385	86	91	367
Total assets	681,270,854	570,216,356	90,110,110	458,297,209

Liabilities

Payable for investments purchased	7.207,562	—	802,025	3,520,743
Payable for delayed delivery securities purchased	7,540,191	—	—	—
Payable for forward foreign currency exchange contracts (Note 3)	—	—	—	—
Payable for fund shares repurchased	4,888	—	160,612	—
Payable upon return of securities loaned (Note 2)	—	47,113,031	—	67,902,302
Payable for futures variation margin	6,468	1,525	—	—
Payable to affiliates
Accounting and legal services fees	10,352	5,564	2,166	3,776
Trustees’ fees	434	350	58	91
Other liabilities and accrued expenses	70,331	60,747	27,082	33,288
Total liabilities	14,840,226	47,181,217	991,943	71,460,200

Net assets

Capital paid-in	$653,613,721	$733,881,186	$106,041,187	$327,076,749
Undistributed net investment income (loss)	8,200,910	929,061	(21,194)	(154,781)
Accumulated undistributed net realized gain (loss) on investments	(3,546,913)	(267,119,602)	(21,318,682)	1,210,987
Net unrealized appreciation (depreciation) on investments	8,162,910	55,344,494	4,416,856	58,704,054
Net assets	$666,430,628	$523,035,139	$89,118,167	$386,837,009
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$660,671,405	$466,471,347	$84,419,907	$328,906,145
Investments in affiliated issuers, at cost	—	$47,110,885	—	$67,898,711
Foreign currency, at cost	$45,821	—	—	—

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.


Class 1
Net assets	$37,299,564	—	$89,118,167	$89,753,711
Shares outstanding	3,797,253	—	7,192,885	8,684,795
Net asset value, offering price and redemption price per share	$9.82	—	$12.39	$10.33

Class NAV
Net assets	$629,131,064	$523,035,139	—	$297,083,298
Shares outstanding	64,091,804	67,805,762	—	28,886,058
Net asset value, offering price and redemption price per share	$9.82	$7.71	—	$10.28


The accompanying notes are an integral part of the financial statements.	280

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Alpha	Alternative		Capital
	Opportunities	Asset Allocation	Blue Chip	Appreciation
Assets	Fund	Fund	Growth Fund	Fund

Investments in unaffiliated issuers, at value	$631,348,001	$118,150	$1,720,513,534	$1,223,873,820
Investments in affiliated issuers, at value (Note 2)	89,645,082	1,241,869¹	185,402,134	167,227,555
Securities loaned, at value (Note 2)	87,789,156	—	181,945,192	165,448,513
Repurchase agreements, at value (Note 2)	35,100,000	—	—	—
Total investments, at value	843,882,239	1,360,019	2,087,860,860	1,556,549,888
Cash	10,096	57,165	—	—
Foreign currency, at value	2,777	—	—	—
Receivable for investments sold	22,254,839	—	10,435,956	15,198,606
Receivable for forward foreign currency exchange contracts (Note 3)	26,608	—	—	—
Receivable for fund shares sold	27,802	—	241,788	246,815
Dividends and interest receivable	816,577	817	1,901,615	1,618,234
Receivable for securities lending income	19,964	—	11,103	10,303
Receivable due from adviser	—	352	—	—
Other assets	1,186	557	588	549
Total assets	867,042,088	1,418,910	2,100,451,910	1,573,624,395

Liabilities

Payable for investments purchased	20,118,656	891	11,952,214	19,738,603
Payable for forward foreign currency exchange contracts (Note 3)	110,851	—	—	—
Payable for fund shares repurchased	—	—	674,851	811,608
Payable upon return of securities loaned (Note 2)	89,622,928	—	185,395,558	167,215,617
Payable to affiliates
Accounting and legal services fees	6,628	14	10,588	5,290
Trustees’ fees	169	12	1,410	514
Other liabilities and accrued expenses	65,069	25,830	81,778	57,145
Total liabilities	109,924,301	26,747	198,116,399	187,828,777

Net assets

Capital paid-in	$644,174,136	$1,062,948	$2,022,883,997	$1,375,910,647
Undistributed net investment income (loss)	(1,041,042)	418	168,901	(365,612)
Accumulated undistributed net realized gain (loss) on investments	45,625,311	30,497	(512,517,219)	(247,705,376)
Net unrealized appreciation (depreciation) on investments	68,359,382	298,300	391,799,832	257,955,959
Net assets	$757,117,787	$1,392,163	$1,902,335,511	$1,385,795,618
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$685,791,436	$108,405	$1,510,672,602	$1,131,388,350
Investments in affiliated issuers, at cost	$89,644,901	$953,314	$185,388,505	$167,201,187
Foreign currency, at cost	$2,776	—	—	—

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.



Class A
Net assets	—	$1,392,163	—	—
Shares outstanding	—	104,761	—	—
Net asset value and redemption price per share	—	$13.29	—	—

Class 1
Net assets	—	—	$445,326,762	$133,975,422
Shares outstanding	—	—	25,906,730	13,695,124
Net asset value, offering price and redemption price per share	—	—	$17.19	$9.78

Class NAV
Net assets	$757,117,787	—	$1,457,008,749	$1,251,820,196
Shares outstanding	69,503,651	—	84,843,022	127,904,332
Net asset value, offering price and redemption price per share	$10.89	—	$17.17	$9.79

Maximum Public Offering Price Per Share:
Class A (net asset value per share ÷ 95%)	—	$13.99²	—	—

1 See Note 9.

2 On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales, the offering prices is reduced.


The accompanying notes are an integral part of the financial statements.	281

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


		Core Diversified	Core	Core Global
	Core Bond	Growth & Income	Fundamental	Diversification
Assets	Fund	Portfolio	Holdings Portfolio	Portfolio

Investments in unaffiliated issuers, at value	$538,300,874	$11,897,435	$6,326,004	$10,399,584
Investments in affiliated issuers, at value (Note 2)	—	7,930,795¹	4,217,342¹	6,933,055¹
Total investments, at value	538,300,874	19,828,230	10,543,346	17,332,639
Cash	—	—	102	—
Receivable for investments sold	2,974,999	—	—	—
Receivable for delayed delivery securities sold	56,935,925	—	—	—
Receivable for fund shares sold	26,459	79,723	80,342	115,684
Dividends and interest receivable	3,277,062	11,668	7,903	11,277
Receivable due from adviser	—	161	211	197
Other assets	363	11	8	6
Total assets	601,515,682	19,919,793	10,631,912	17,459,803

Liabilities

Payable for investments purchased	15,415,314	88,353	86,859	124,406
Payable for delayed delivery securities purchased	97,743,394	—	—	—
Investments sold short, at value (Note 2)	24,136,875	—	—	—
Payable to affiliates
Accounting and legal services fees	2,381	273	131	231
Trustees’ fees	93	—	—	—
Other liabilities and accrued expenses	84,212	20,211	19,384	18,516
Total liabilities	137,382,269	108,837	106,374	143,153

Net assets

Capital paid-in	$446,637,222	$18,218,698	$9,536,630	$16,571,747
Undistributed net investment income (loss)	1,906,774	(2,607)	(771)	182
Accumulated undistributed net realized gain (loss) on investments	4,561,701	595,364	358,272	611,892
Net unrealized appreciation (depreciation) on investments	11,027,716	999,501	631,407	132,829
Net assets	$464,133,413	$19,810,956	$10,525,538	$17,316,650
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$527,275,365	$10,913,841	$5,691,690	$10,130,691
Investments in affiliated issuers, at cost	—	$7,914,888	$4,220,248	$7,069,119
Proceeds received on short sales	$24,139,082	—	—	—

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.

Class 1
Net assets	$11,430,092	$19,810,956	$10,525,538	$17,316,650
Shares outstanding	864,397	2,224,548	1,161,370	1,965,499
Net asset value, offering price and redemption price per share	$13.22	$8.91	$9.06	$8.81

Class NAV
Net assets	$452,703,321	—	—	—
Shares outstanding	34,268,954	—	—	—
Net asset value, offering price and redemption price per share	$13.21	—	—	—

1 See Note 9.


The accompanying notes are an integral part of the financial statements.	282

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Emerging Markets	Emerging Markets	Equity-Income	Fundamental
Assets	Debt Fund	Value Fund	Fund	Value Fund

Investments in unaffiliated issuers, at value	$15,314,199	$1,095,563,441	$777,458,537	$1,488,506,233
Investments in affiliated issuers, at value (Note 2)	—	85,063,807	87,563,364	72,091,344
Securities loaned, at value (Note 2)	—	83,755,030	85,592,983	70,112,466
Repurchase agreements, at value (Note 2)	—	1,927,000	—	—
Total investments, at value	15,314,199	1,266,309,278	950,614,884	1,630,710,043
Cash	67,032	354	—	2,712,828
Foreign currency, at value	378	7,539,018	—	—
Cash held at broker for futures contracts	22,500	—	—	—
Receivable for investments sold	257,264	—	5,498,912	790,421
Receivable for fund shares sold	—	12,554	76,818	366,460
Dividends and interest receivable	209,400	2,085,634	2,863,212	1,782,591
Receivable for securities lending income	—	12,616	18,212	11,599
Receivable due from adviser	317	—	95	—
Other assets	—	889	667	683
Total assets	15,871,090	1,275,960,343	959,072,800	1,636,374,625

Liabilities

Capital gains tax withholding	—	626,491	—	—
Payable for investments purchased	287,125	3,904,498	609,409	4,926,542
Payable for delayed delivery securities purchased	492,828	—	—	—
Payable for forward foreign currency exchange contracts (Note 3)	1,047	—	—	—
Payable for fund shares repurchased	—	91,605	330,866	156,749
Payable upon return of securities loaned (Note 2)	—	85,006,908	87,542,496	72,076,127
Payable for futures variation margin	3,438	—	—	—
Distributions payable	71,871	—	—	—
Payable to affiliates
Accounting and legal services fees	288	8,659	8,839	10,621
Trustees’ fees	104	302	598	784
Other liabilities and accrued expenses	7,903	380,242	73,126	107,769
Total liabilities	864,604	90,018,705	88,565,334	77,278,592

Net assets

Capital paid-in	$15,000,000	$916,798,425	$1,065,064,158	$1,762,454,020
Undistributed net investment income (loss)	(14,759)	(2,389,859)	2,356,820	544,465
Accumulated undistributed net realized gain (loss) on investments	(55,603)	19,021,318	(208,829,090)	(357,740,170)
Net unrealized appreciation (depreciation) on investments	76,848	252,511,754	11,915,578	153,837,718
Net assets	$15,006,486	$1,185,941,638	$870,507,466	$1,559,096,033
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$15,231,712	$928,128,348	$851,135,855	$1,404,810,709
Investments in affiliated issuers, at cost	—	$85,012,443	$87,562,915	$72,065,022
Foreign currency, at cost	$387	$7,558,162	—	—

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.

Class A
Net assets	$12,005,189	—	—	—
Shares outstanding	1,200,000	—	—	—
Net asset value and redemption price per share	$10.00	—	—	—

Class I
Net assets	$3,001,297	—	—	—
Shares outstanding	300,000	—	—	—
Net asset value, offering price and redemption price per share	$10.00	—	—	—

Class 1
Net assets	—	—	$141,619,417	$103,146,447
Shares outstanding	—	—	11,349,869	7,680,627
Net asset value, offering price and redemption price per share	—	—	$12.48	$13.43

Class NAV
Net assets	—	$1,185,941,638	$728,888,049	$1,455,949,586
Shares outstanding	—	115,829,610	58,480,287	108,624,568
Net asset value, offering price and redemption price per share	—	$10.24	$12.46	$13.40

Maximum Public Offering Price Per Share:
Class A (net asset value per share ÷ 95.5%)	$10.47¹	—	—	—

1 On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales, the offering prices is reduced.


The accompanying notes are an integral part of the financial statements.	283


John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)




	Global	Global	Global	Global Real
Assets	Agribusiness Fund	Bond Fund	Infrastructure Fund	Estate Fund

Investments in unaffiliated issuers, at value	$2,404,485	$706,655,249	$2,218,440	$258,398,437
Investments in affiliated issuers, at value (Note 2)	—	—	—	40,163,810
Securities loaned, at value (Note 2)	—	—	—	39,372,827
Repurchase agreements, at value (Note 2)	—	30,501,000	—	1,858,000
Total investments, at value	2,404,485	737,156,249	2,218,440	339,793,074
Cash	75,737	133	38,557	369
Foreign currency, at value	137	3,802,154	—	4,129,373
Receivable for investments sold	7,116	14,072,077	—	3,452,705
Receivable for forward foreign currency exchange contracts (Note 3)	—	8,082,741	—	—
Receivable for fund shares sold	—	7,688	—	—
Dividends and interest receivable	7,006	7,727,298	6,707	561,925
Receivable for securities lending income	—	—	—	8,586
Swap contracts, at value (Note 3)	—	4,641,447	—	—
Receivable for futures variation margin	—	452,475	—	—
Receivable due from adviser	374	—	378	—
Miscellaneous receivable	—	118,724	—	—
Other assets	1,433	565	1,432	14,302
Total assets	2,496,288	776,061,551	2,265,514	347,960,334
Liabilities

Payable for collateral held by Portfolio	—	9,150,000	—	—
Payable for investments purchased	—	12,850,267	—	5,464,467
Payable for forward foreign currency exchange contracts (Note 3)	—	4,692,425	—	—
Payable for fund shares repurchased	—	61,824	—	30,072
Payable upon return of securities loaned (Note 2)	—	—	—	40,152,492
Written options, at value (Note 3)	—	867,384	—	—
Swap contracts, at value (Note 3)	—	2,050,599	—	—
Payable to affiliates
Accounting and legal services fees	21	5,958	21	12,647
Trustees’ fees	11	352	12	573
Other liabilities and accrued expenses	28,552	162,398	28,345	135,145
Total liabilities	28,584	29,841,207	28,378	45,795,396
Net assets

Capital paid-in	$2,044,177	$805,750,830	$2,050,153	$582,152,962
Undistributed net investment income (loss)	225	(14,370,781)	3,096	(13,396,426)
Accumulated undistributed net realized gain (loss) on investments	8,428	(29,237,004)	16,843	(328,382,333)
Net unrealized appreciation (depreciation) on investments	414,874	(15,922,701)	167,044	61,790,735
Net assets	$2,467,704	$746,220,344	$2,237,136	$302,164,938
Investments in unaffiliated issuers, including repurchase agreements, at cost	$1,989,612	$759,455,882	$2,051,424	$237,843,711
Investments in affiliated issuers, at cost	—	—	—	$40,153,991
Foreign currency, at cost	$136	$3,798,440	—	$4,124,673
Premiums received on written options	—	$1,700,215	—	—
Net unamortized upfront payment on swaps	—	$614,488	—	—
Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.

Class A
Net assets	$1,230,648	—	$1,115,658	—
Shares outstanding	101,757	—	102,335	—
Net asset value and redemption price per share	$12.09	—	$10.90	—

Class I
Net assets	$1,237,056	—	$1,121,478	—
Shares outstanding	102,090	—	102,656	—
Net asset value, offering price and redemption price per share	$12.12	—	$10.92	—

Class 1
Net assets	—	$67,453,175	—	—
Shares outstanding	—	5,659,931	—	—
Net asset value, offering price and redemption price per share	—	$11.92	—	—

Class NAV
Net assets	—	$678,767,169	—	$302,164,938
Shares outstanding	—	57,061,219	—	47,535,110
Net asset value, offering price and redemption price per share	—	$11.90	—	$6.36

Maximum Public Offering Price Per Share:
Class A (net asset value per share ÷ 95%)	$12.73¹	—	$11.47¹	—

1 On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales, the offering prices is reduced.


The accompanying notes are an integral part of the financial statements.	284

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Global Timber	High Income	High Yield	Index 500
Assets	Fund	Fund	Fund	Fund

Investments in unaffiliated issuers, at value	$2,512,680	$485,338,137	$972,648,647	$1,941,433,037
Investments in affiliated issuers, at value (Note 2)	—	120	1,415,187	106,208,775
Securities loaned, at value (Note 2)	—	110	1,390,625	103,992,845
Repurchase agreements, at value (Note 2)	—	—	18,600,000	—
Total investments, at value	2,512,680	485,338,367	994,054,459	2,151,634,657
Cash	24,959	67,497	307,016	800,346
Foreign currency, at value	—	—	569,887	—
Cash held at broker for futures contracts	—	—	—	6,390,000
Receivable for investments sold	—	39,514	12,558,604	—
Receivable for forward foreign currency exchange contracts (Note 3)	—	22,250	—	—
Receivable for fund shares sold	—	—	3,612	2,601,122
Dividends and interest receivable	6,429	9,634,004	22,028,730	4,517,966
Receivable for securities lending income	—	—	742	13,509
Receivable for futures variation margin	—	—	8,656	71,754
Receivable due from adviser	373	—	—	—
Other assets	1,432	329	846	1,821
Total assets	2,545,873	495,101,961	1,029,532,552	2,166,031,175

Liabilities

Payable for investments purchased	—	4,543,290	14,656,330	4,296,022
Payable for forward foreign currency exchange contracts (Note 3)	—	4,632	1,617	—
Payable for fund shares repurchased	—	67,445	—	—
Payable upon return of securities loaned (Note 2)	—	120	1,411,000	106,177,763
Written options, at value (Note 3)	—	196	—	—
Payable to affiliates
Accounting and legal services fees	33	3,642	35,198	26,392
Trustees’ fees	10	180	1,625	861
Other liabilities and accrued expenses	30,251	53,350	108,988	38,966
Total liabilities	30,294	4,672,855	16,214,758	110,540,004

Net assets

Capital paid-in	$2,013,283	$564,338,944	$1,345,848,830	$2,045,591,065
Undistributed net investment income (loss)	(9,462)	4,762,574	15,861,888	4,574,438
Accumulated undistributed net realized gain (loss) on investments	(37,775)	(28,734,445)	(330,339,651)	(295,827,383)
Net unrealized appreciation (depreciation) on investments	549,533	(49,937,967)	(18,053,273)	301,153,051
Net assets	$2,515,579	$490,429,106	$1,013,317,794	$2,055,491,171
Investments in unaffiliated issuers, including repurchase agreements, at cost	$1,963,062	$538,816,631	$1,010,714,470	$1,744,364,429
Investments in affiliated issuers, at cost	—	$120	$1,415,171	$106,174,568
Foreign currency, at cost	—	—	$552,029	—
Premiums received on written options	—	$3,523,100	—	—

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.



Class A
Net assets	$1,254,516	—	—	—
Shares outstanding	100,588	—	—	—
Net asset value and redemption price per share	$12.47	—	—	—

Class I
Net assets	$1,261,063	—	—	—
Shares outstanding	100,799	—	—	—
Net asset value, offering price and redemption price per share	$12.51	—	—	—

Class 1
Net assets	—	—	$73,564,604	—
Shares outstanding	—	—	8,498,773	—
Net asset value, offering price and redemption price per share	—	—	$8.66	—

Class NAV
Net assets	—	$490,429,106	$939,753,190	$2,055,491,171
Shares outstanding	—	61,722,945	109,261,581	251,646,726
Net asset value, offering price and redemption price per share	—	$7.95	$8.60	$8.17

Maximum Public Offering Price Per Share:
Class A (net asset value per share ÷ 95%)	$13.13¹	—	—	—

1 On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering prices is reduced.


The accompanying notes are an integral part of the financial statements.	285

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	International	International	International	International
	Equity Index	Opportunities	Small Cap	Small Company
Assets	Fund	Fund	Fund	Fund

Investments in unaffiliated issuers, at value	$387,413,631	$844,238,667	$236,382,953	$121,298,986
Investments in affiliated issuers, at value (Note 2)	10,121,176	—	15,000,297	4,521,502
Securities loaned, at value (Note 2)	9,839,385	—	14,156,637	4,289,531
Total investments, at value	407,374,192	844,238,667	265,539,887	130,110,019
Cash	—	—	24,189	—
Foreign currency, at value	6,234,024	5,296,100	211,420	46,263
Foreign currency held at broker for futures contracts	2,225,411	—	—	—
Receivable for investments sold	160,407	33,239,025	153,085	174,999
Receivable for forward foreign currency exchange contracts (Note 3)	135,793	—	—	—
Receivable for fund shares sold	78,538	657,238	261,211	76,626
Dividends and interest receivable	823,111	760,434	437,830	197,400
Receivable for securities lending income	6,787	—	7,220	7,473
Other assets	2,984	350	164	12,877
Total assets	417,041,247	884,191,814	266,635,006	130,625,657

Liabilities

Payable for investments purchased	3,775,951	12,486,040	158,327	610,414
Payable for forward foreign currency exchange contracts (Note 3)	240,986	—	—	—
Payable for fund shares repurchased	—	557,677	415,303	—
Payable upon return of securities loaned (Note 2)	10,104,291	—	14,996,727	4,514,135
Payable for futures variation margin	185,671	—	—	—
Payable to affiliates
Accounting and legal services fees	5,848	4,231	4,716	9,442
Trustees’ fees	306	483	186	424
Other liabilities and accrued expenses	34,282	262,281	135,975	71,982
Total liabilities	14,347,335	13,310,712	15,711,234	5,206,397

Net assets

Capital paid-in	$482,293,909	$1,052,404,137	$325,031,096	$286,972,262
Undistributed net investment income (loss)	(1,789,120)	(2,277,422)	(362,970)	(998,531)
Accumulated undistributed net realized gain (loss) on investments	(91,987,920)	(273,381,241)	(83,030,659)	(134,087,648)
Net unrealized appreciation (depreciation) on investments	14,177,043	94,135,628	9,286,305	(26,466,823)
Net assets	$402,693,912	$870,881,102	$250,923,772	$125,419,260
Investments in unaffiliated issuers, including repurchase agreements, at
cost	$382,814,284	$750,078,705	$241,261,225	$152,060,557
Investments in affiliated issuers, at cost	$10,116,998	—	$14,998,508	$4,519,522
Foreign currency, at cost	$6,203,645	$5,296,095	$209,733	$46,267

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.


Class 1
Net assets	—	$89,308,137	$127,532,227	—
Shares outstanding	—	7,416,697	9,900,308	—
Net asset value, offering price and redemption price per share	—	$12.04	$12.88	—

Class NAV
Net assets	$402,693,912	$781,572,965	$123,391,545	$125,419,260
Shares outstanding	25,926,480	64,779,438	9,582,246	17,730,591
Net asset value, offering price and redemption price per share	$15.53	$12.07	$12.88	$7.07


The accompanying notes are an integral part of the financial statements.	286

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


		Investment
	International	Quality Bond	Large Cap	Large Cap
Assets	Value Fund	Fund	Fund	Value Fund

Investments in unaffiliated issuers, at value	$1,137,200,087	$185,235,308	$243,815,001	$533,676,395
Investments in affiliated issuers, at value (Note 2)	57,781,407	—	21,776,453	28,674,739
Securities loaned, at value (Note 2)	56,233,035	—	21,319,147	28,039,395
Repurchase agreements, at value (Note 2)	—	15,700,000	5,402,000	6,857,000
Total investments, at value	1,251,214,529	200,935,308	292,312,601	597,247,529
Cash	56,020	36,436	306	665
Foreign currency, at value	924,182	—	—	—
Receivable for investments sold	163	—	912,400	—
Receivable for forward foreign currency exchange contracts (Note 3)	—	171,160	—	—
Receivable for fund shares sold	666,260	28,793	16,982	290,806
Dividends and interest receivable	1,386,944	2,082,414	578,209	1,104,599
Receivable for securities lending income	10,554	—	1,238	2,284
Swap contracts, at value (Note 3)	—	143,131	—	—
Other assets	731	123	—	36
Total assets	1,254,259,383	203,397,365	293,821,736	598,645,919

Liabilities

Payable for investments purchased	305,149	1,597,242	2,184,418	—
Payable for delayed delivery securities purchased	—	224,294	—	—
Payable for forward foreign currency exchange contracts (Note 3)	—	288,306	—	—
Payable for fund shares repurchased	609,397	—	—	89,812
Payable upon return of securities loaned (Note 2)	57,734,430	—	21,771,840	28,660,788
Payable for futures variation margin	—	40,061	—	—
Swap contracts, at value (Note 3)	—	96,350	—	—
Payable to affiliates
Accounting and legal services fees	13,181	3,391	2,911	8,009
Trustees’ fees	1,010	91	105	424
Other liabilities and accrued expenses	258,982	47,766	36,732	59,052
Total liabilities	58,922,149	2,297,501	23,996,006	28,818,085

Net assets

Capital paid-in	$1,521,156,412	$200,384,852	$376,754,795	$769,953,925
Undistributed net investment income (loss)	(315,712)	924,114	429,687	787,283
Accumulated undistributed net realized gain (loss) on investments	(225,402,794)	(8,392,772)	(133,200,837)	(243,942,375)
Net unrealized appreciation (depreciation) on investments	(100,100,672)	8,183,670	25,842,085	43,029,001
Net assets	$1,195,337,234	$201,099,864	$269,825,730	$569,827,834
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$1,293,502,158	$192,634,716	$244,696,013	$525,554,775
Investments in affiliated issuers, at cost	$57,776,360	—	$21,774,503	$28,663,753
Foreign currency, at cost	$938,564	—	—	—

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.



Class 1
Net assets	$284,977,286	$68,289,453	$40,650,222	$80,653,414
Shares outstanding	21,933,129	5,670,683	3,514,346	4,785,688
Net asset value, offering price and redemption price per share	$12.99	$12.04	$11.57	$16.85

Class NAV
Net assets	$910,359,948	$132,810,411	$229,175,508	$489,174,420
Shares outstanding	70,261,267	11,040,447	19,816,778	28,974,989
Net asset value, offering price and redemption price per share	$12.96	$12.03	$11.56	$16.88


The accompanying notes are an integral part of the financial statements.	287

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Mid Cap	Mid Cap	Mid Cap Value	Mid Value
Assets	Index Fund	Stock Fund	Equity Fund	Fund

Investments in unaffiliated issuers, at value	$445,003,355	$623,921,728	$153,787,325	$287,604,706
Investments in affiliated issuers, at value (Note 2)	123,905,824	153,302,558	27,541,126	49,399,353
Securities loaned, at value (Note 2)	120,672,407	150,136,363	27,139,138	48,241,652
Repurchase agreements, at value (Note 2)	—	34,400,000	—	—
Total investments, at value	689,581,586	961,760,649	208,467,589	385,245,711
Cash	4,524	65,957	18,028	—
Foreign currency, at value	—	44,226	—	—
Cash held at broker for futures contracts	1,750,000	—	—	—
Receivable for investments sold	3,601,450	6,801,129	277,790	1,828,846
Receivable for forward foreign currency exchange contracts (Note 3)	—	69,454	—	—
Receivable for fund shares sold	51,747	125,595	17,413	212,584
Dividends and interest receivable	591,682	297,161	373,664	401,058
Receivable for securities lending income	27,376	32,815	6,975	3,360
Receivable for futures variation margin	16,790	—	—	—
Other assets	351	308	182	187
Total assets	695,625,506	969,197,294	209,161,641	387,691,746

Liabilities

Payable for investments purchased	2,553,888	11,272,240	275,196	2,740,580
Payable for forward foreign currency exchange contracts (Note 3)	—	272,931	—	—
Payable upon return of securities loaned (Note 2)	123,862,854	153,265,398	27,530,770	49,399,980
Payable to affiliates
Accounting and legal services fees	2,059	2,878	1,922	4,502
Trustees’ fees	154	308	30	81
Other liabilities and accrued expenses	25,912	82,028	24,828	33,263
Total liabilities	126,444,867	164,895,783	27,832,746	52,178,406

Net assets

Capital paid-in	$548,218,845	$866,150,985	$172,240,228	$263,872,112
Undistributed net investment income (loss)	632,660	(1,344,146)	90,998	(126,470)
Accumulated undistributed net realized gain (loss) on investments	(32,002,039)	(194,232,089)	(26,174,617)	13,082,817
Net unrealized appreciation (depreciation) on investments	52,331,173	133,726,761	35,172,286	58,684,881
Net assets	$569,180,639	$804,301,511	$181,328,895	$335,513,340
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$513,799,628	$674,554,181	$145,765,892	$277,163,283
Investments in affiliated issuers, at cost	$123,859,303	$153,264,587	$27,529,838	$49,397,547
Foreign currency, at cost	—	$44,210	—	—

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.


Class 1
Net assets	—	$292,696,579	—	—
Shares outstanding	—	20,519,253	—	—
Net asset value, offering price and redemption price per share	—	$14.26	—	—

Class NAV
Net assets	$569,180,639	$511,604,932	$181,328,895	$335,513,340
Shares outstanding	34,916,309	35,792,488	22,000,592	24,650,532
Net asset value, offering price and redemption price per share	$16.30	$14.29	$8.24	$13.61


The accompanying notes are an integral part of the financial statements.	288

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Optimized	Real Estate	Real Estate	Real Return
Assets	Value Fund	Equity Fund	Securities Fund	Bond Fund

Investments in unaffiliated issuers, at value	$317,949,579	$158,847,603	$195,740,385	$1,344,862,808
Investments in affiliated issuers, at value (Note 2)	—	75,616,404	91,530,654	—
Securities loaned, at value (Note 2)	—	73,939,103	89,817,767	—
Repurchase agreements, at value (Note 2)	2,911,000	—	2,814,000	3,308,000
Total investments, at value	320,860,579	308,403,110	379,902,806	1,348,170,808
Cash	120	—	403	821
Foreign currency, at value	—	—	—	1,988,251
Receivable for investments sold	—	1,821,022	1,418,897	2,265,922
Receivable for forward foreign currency exchange contracts (Note 3)	—	—	—	1,380,953
Receivable for fund shares sold	—	—	260,533	296,544
Dividends and interest receivable	568,655	542,683	294,359	6,023,236
Receivable for securities lending income	—	6,104	5,969	—
Swap contracts, at value (Note 3)	—	—	—	1,137,542
Receivable for futures variation margin	—	—	—	235,860
Miscellaneous receivable	—	—	—	7,450
Other assets	—	224	—	885
Total assets	321,429,354	310,773,143	381,882,967	1,361,508,272

Liabilities

Payable for collateral held by Portfolio	—	—	—	1,360,000
Payable for investments purchased	—	1,513,113	1,564,763	4,746,185
Payable for delayed delivery securities purchased	—	—	—	68,245,931
Payable for forward foreign currency exchange contracts (Note 3)	—	—	—	455,611
Payable for fund shares repurchased	68,328	5,266	—	757,327
Payable upon return of securities loaned (Note 2)	—	75,600,050	91,530,150	—
Written options, at value (Note 3)	—	—	—	964,923
Swap contracts, at value (Note 3)	—	—	—	626,077
Payable to affiliates
Accounting and legal services fees	11,740	1,886	3,936	3,222
Trustees’ fees	686	74	15	482
Other liabilities and accrued expenses	48,395	34,667	43,867	100,470
Total liabilities	129,149	77,155,056	93,142,731	77,260,228

Net assets

Capital paid-in	$671,449,063	$304,511,181	$296,149,122	$1,298,560,146
Undistributed net investment income (loss)	481,969	767,483	1,284,182	32,586
Accumulated undistributed net realized gain (loss) on investments	(379,386,158)	(139,358,483)	(41,596,552)	(54,095,775)
Net unrealized appreciation (depreciation) on investments	28,755,331	67,697,906	32,903,484	39,751,087
Net assets	$321,300,205	$233,618,087	$288,740,236	$1,284,248,044
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$292,105,248	$165,113,442	$255,475,194	$1,313,640,000
Investments in affiliated issuers, at cost	—	$75,591,762	$91,524,128	—
Foreign currency, at cost	—	—	—	$1,994,859
Premiums received on written options	—	—	—	$3,165,959
Net unamortized upfront payment on swaps	—	—	—	$795,314

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.



Class 1
Net assets	$46,617,506	—	$288,740,236	$75,598,194
Shares outstanding	4,501,596	—	28,688,342	6,064,975
Net asset value, offering price and redemption price per share	$10.36	—	$10.06	$12.46

Class NAV
Net assets	$274,682,699	$233,618,087	—	$1,208,649,850
Shares outstanding	26,519,428	38,269,016	—	97,892,148
Net asset value, offering price and redemption price per share	$10.36	$6.10	—	$12.35


The accompanying notes are an integral part of the financial statements.	289

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Short Term			Small Cap
	Government	Small Cap	Small Cap	Opportunities
Assets	Income Fund	Growth Fund	Index Fund	Fund

Investments in unaffiliated issuers, at value	$32,197,445	$119,944,594	$97,435,286	$88,563,081
Investments in affiliated issuers, at value (Note 2)	—	—	22,811,189	18,066,386
Securities loaned, at value (Note 2)	—	—	22,122,440	17,477,862
Repurchase agreements, at value (Note 2)	—	3,100,000	—	287,000
Total investments, at value	32,197,445	123,044,594	142,368,915	124,394,329
Cash	36,687	29,117	8,962	839
Cash held at broker for futures contracts	—	—	400,000	—
Receivable for investments sold	391,067	1,551,958	—	53,631
Receivable for fund shares sold	107,601	709	123,288	—
Dividends and interest receivable	218,944	23,922	83,690	49,958
Receivable for securities lending income	—	—	15,838	4,310
Receivable due from adviser	369	—	—	—
Other assets	—	172	122	—
Total assets	32,952,113	124,650,472	143,000,815	124,503,067

Liabilities

Payable for investments purchased	326,316	465,322	—	201,199
Payable for fund shares repurchased	—	—	—	260,915
Payable upon return of securities loaned (Note 2)	—	—	22,802,010	18,063,123
Payable for futures variation margin	—	—	9,120	—
Payable to affiliates
Accounting and legal services fees	488	896	1,580	1,534
Trustees’ fees	—	40	65	—
Other liabilities and accrued expenses	33,850	25,739	21,695	27,747
Total liabilities	360,654	491,997	22,834,470	18,554,518

Net assets

Capital paid-in	$32,302,613	$97,549,831	$134,028,403	$128,123,934
Undistributed net investment income (loss)	(80,431)	(489,551)	86,166	(127,945)
Accumulated undistributed net realized gain (loss) on investments	68,012	2,999,175	(44,032,119)	(42,495,389)
Net unrealized appreciation (depreciation) on investments	301,265	24,099,020	30,083,895	20,447,949
Net assets	$32,591,459	$124,158,475	$120,166,345	$105,948,549
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$31,896,180	$98,945,574	$89,550,012	$85,883,512
Investments in affiliated issuers, at cost	—	—	$22,803,287	$18,062,868

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.


Class 1
Net assets	—	—	—	$46,738,174
Shares outstanding	—	—	—	2,776,174
Net asset value, offering price and redemption price per share	—	—	—	$16.84

Class NAV
Net assets	$32,591,459	$124,158,475	$120,166,345	$59,210,375
Shares outstanding	3,208,022	13,121,221	11,153,985	3,534,020
Net asset value, offering price and redemption price per share	$10.16	$9.46	$10.77	$16.75


The accompanying notes are an integral part of the financial statements.	290

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Small Cap	Small Company	Small Company	Smaller Company
Assets	Value Fund	Growth Fund	Value Fund	Growth Fund

Investments in unaffiliated issuers, at value	$75,864,198	$108,841,427	$322,665,537	$142,970,204
Investments in affiliated issuers, at value (Note 2)	11,921,363	34,622,823	78,758,111	35,099,534
Securities loaned, at value (Note 2)	11,504,256	33,956,517	76,096,942	34,062,437
Repurchase agreements, at value (Note 2)	1,600,000	—	—	3,228,000
Total investments, at value	100,889,817	177,420,767	477,520,590	215,360,175
Cash	22,329	—	—	—
Cash held at broker for futures contracts	—	—	—	104,000
Receivable for investments sold	1,027,639	83,764	2,866,231	982,877
Receivable for fund shares sold	133,074	27,943	193,976	111,865
Dividends and interest receivable	113,261	30,015	313,877	33,963
Receivable for securities lending income	7,218	3,985	12,170	19,805
Other assets	102	—	181	196
Total assets	102,193,440	177,566,474	480,907,025	216,612,881

Liabilities

Due to custodian	—	—	—	194
Payable for investments purchased	263,719	1,847,073	2,982,335	1,305,438
Payable for fund shares repurchased	—	—	422,815	—
Payable upon return of securities loaned (Note 2)	11,921,998	34,604,411	78,729,307	35,092,597
Payable for futures variation margin	—	—	—	2,880
Payable to affiliates
Accounting and legal services fees	1,142	1,453	7,180	1,058
Trustees’ fees	25	65	297	57
Other liabilities and accrued expenses	25,011	28,051	47,451	28,603
Total liabilities	12,211,895	36,481,053	82,189,385	36,430,827

Net assets

Capital paid-in	$68,708,872	$162,373,100	$428,948,687	$143,633,499
Undistributed net investment income (loss)	(18,824)	(189,314)	(890,491)	(228,278)
Accumulated undistributed net realized gain (loss) on investments	2,013,402	(37,934,803)	(61,299,605)	5,424,509
Net unrealized appreciation (depreciation) on investments	19,278,095	16,836,438	31,959,049	31,352,324
Net assets	$89,981,545	$141,085,421	$398,717,640	$180,182,054
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$69,690,589	$125,980,091	$366,834,223	$148,919,504
Investments in affiliated issuers, at cost	$11,921,133	$34,604,238	$78,727,318	$35,099,451

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.



Class 1
Net assets	—	—	$106,434,190	—
Shares outstanding	—	—	4,975,307	—
Net asset value, offering price and redemption price per share	—	—	$21.39	—

Class NAV
Net assets	$89,981,545	$141,085,421	$292,283,450	$180,182,054
Shares outstanding	6,428,307	13,431,395	13,679,807	15,564,913
Net asset value, offering price and redemption price per share	$14.00	$10.50	$21.37	$11.58


The accompanying notes are an integral part of the financial statements.	291

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Spectrum	Strategic	Total Bond	Total Return
Assets	Income Fund	Bond Fund	Market Fund	Fund

Investments in unaffiliated issuers, at value	$825,321,457	$255,424,579	$578,046,997	$1,641,394,961
Investments in affiliated issuers, at value (Note 2)	12,325,171	—	—	—
Securities loaned, at value (Note 2)	12,035,268	—	—	—
Repurchase agreements, at value (Note 2)	289,000	32,000,000	—	730,883,000
Total investments, at value	849,970,896	287,424,579	578,046,997	2,372,277,961
Cash	741	382,540	—	138
Foreign currency, at value	558,482	277,978	—	3,594,752
Receivable for investments sold	9,144,643	51,952	—	16,553,022
Receivable for delayed delivery securities sold	26,366	21,893,318	—	216,492,466
Receivable for forward foreign currency exchange contracts (Note 3)	615,943	13,380	—	1,995,170
Receivable for fund shares sold	352,822	—	—	1,264,102
Dividends and interest receivable	9,343,013	2,728,336	4,218,089	10,034,652
Receivable for securities lending income	2,447	—	—	—
Swap contracts, at value (Note 3)	—	—	—	11,425,326
Receivable for futures variation margin	—	83,956	—	526,566
Miscellaneous receivable	—	1,083	—	—
Other assets	529	1,425	564	1,035
Total assets	870,015,882	312,858,547	582,265,650	2,634,165,190

Liabilities

Payable for collateral held by Portfolio	—	—	—	10,300,000
Payable for investments purchased	12,580,794	2,480,496	—	123,047,716
Payable for delayed delivery securities purchased	618,545	49,748,381	2,866,048	399,663,560
Payable for forward foreign currency exchange contracts (Note 3)	418,233	115,220	—	1,032,919
Payable for fund shares repurchased	—	48,220	1,956	49,131
Payable upon return of securities loaned (Note 2)	12,319,216	—	—	—
Written options, at value (Note 3)	—	180,453	—	1,806,064
Investments sold short, at value (Note 2)	—	—	—	28,678,909
Swap contracts, at value (Note 3)	3,929	34,000	—	741,490
Payable for futures variation margin	50,028	—	—	—
Miscellaneous payable	—	—	—	102,678
Payable to affiliates
Accounting and legal services fees	21,883	13,902	1,818	20,608
Trustees’ fees	898	485	183	1,415
Other liabilities and accrued expenses	134,826	55,523	17,998	146,687
Total liabilities	26,148,352	52,676,680	2,888,003	565,591,177

Net assets

Capital paid-in	$853,763,556	$315,258,844	$556,164,077	$2,003,562,086
Undistributed net investment income (loss)	5,213,863	(222,451)	2,863,050	(3,936,136)
Accumulated undistributed net realized gain (loss) on investments	(44,056,364)	(21,722,646)	(405,754)	44,623,992
Net unrealized appreciation (depreciation) on investments	28,946,475	(33,131,880)	20,756,274	24,324,071
Net assets	$843,867,530	$260,181,867	$579,377,647	$2,068,574,013
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$808,882,700	$320,848,097	$557,290,723	$2,372,441,503
Investments in affiliated issuers, at cost	$12,325,088	—	—	—
Foreign currency, at cost	$558,715	$278,758	—	$3,603,545
Proceeds received on short sales	—	—	—	$28,667,930
Premiums received on written options	—	$164,366	—	$6,437,922
Net unamortized upfront payment on swaps	—	$11,230	—	$1,691,821

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.


Class 1
Net assets	—	$46,598,452	—	$279,526,374
Shares outstanding	—	4,370,620	—	19,702,073
Net asset value, offering price and redemption price per share	—	$10.66	—	$14.19

Class NAV
Net assets	$843,867,530	$213,583,415	$579,377,647	$1,789,047,639
Shares outstanding	81,743,051	20,081,966	56,032,885	126,467,455
Net asset value, offering price and redemption price per share	$10.32	$10.64	$10.34	$14.15


The accompanying notes are an integral part of the financial statements.	292

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	U.S. Government	U.S. High Yield	U.S. Multi
Assets	Securities Fund	Bond Fund	Sector Fund	Value Fund

Investments in unaffiliated issuers, at value	$140,055,473	$738,838,474	$871,393,148	$119,409,979
Investments in affiliated issuers, at value (Note 2)	—	—	64,680,798	12,201,376
Securities loaned, at value (Note 2)	—	—	63,280,864	11,955,204
Repurchase agreements, at value (Note 2)	22,300,000	—	31,277,000	—
Total investments, at value	162,355,473	738,838,474	1,030,631,810	143,566,559
Cash	295,255	2,256,848	53	46,721
Cash held at broker for futures contracts	—	—	2,873,000	—
Receivable for investments sold	3,117,422	4,661,846	—	—
Receivable for fund shares sold	141,811	67,854	3,599,721	82,854
Dividends and interest receivable	357,445	12,666,075	2,443,419	255,180
Receivable for securities lending income	—	—	4,984	1,148
Receivable for futures variation margin	92,819	—	32,340	—
Other assets	121	563	953	155
Total assets	166,360,346	758,491,660	1,039,586,280	143,952,617

Liabilities

Payable for investments purchased	10,980,966	5,942,219	—	144,245
Payable for fund shares repurchased	98,608	—	—	—
Payable upon return of securities loaned (Note 2)	—	—	64,677,958	12,199,333
Written options, at value (Note 3)	43,219	—	—	—
Payable to affiliates
Accounting and legal services fees	4,457	2,284	4,761	1,381
Trustees’ fees	93	253	476	35
Other liabilities and accrued expenses	41,396	59,094	63,420	25,149
Total liabilities	11,168,739	6,003,850	64,746,615	12,370,143

Net assets

Capital paid-in	$171,343,514	$739,497,090	$1,103,255,029	$107,686,861
Undistributed net investment income (loss)	(31,580)	9,196,245	1,461,509	108,358
Accumulated undistributed net realized gain (loss) on investments	(2,897,357)	(32,810,026)	(222,304,823)	2,329,848
Net unrealized appreciation (depreciation) on investments	(13,222,970)	36,604,501	92,427,950	21,457,407
Net assets	$155,191,607	$752,487,810	$974,839,665	$131,582,474
Investments in unaffiliated issuers, including repurchase agreements,
at cost	$175,949,434	$702,233,973	$873,462,114	$109,909,967
Investments in affiliated issuers, at cost	—	—	$64,674,207	$12,199,185
Premiums received on written options	$36,644	—	—	—

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class.


Class 1
Net assets	$48,077,585	$44,084,625	—	—
Shares outstanding	3,893,007	3,542,050	—	—
Net asset value, offering price and redemption price per share	$12.35	$12.45	—	—

Class NAV
Net assets	$107,114,022	$708,403,185	$974,839,665	$131,582,474
Shares outstanding	8,699,671	56,947,577	110,573,322	14,950,274
Net asset value, offering price and redemption price per share	$12.31	$12.44	$8.82	$8.80


The accompanying notes are an integral part of the financial statements.	293

John Hancock Funds II

Statements of Assets and Liabilities — February 28, 2010 (Unaudited)


	Value &
	Restructuring
Assets	Fund	Vista Fund

Investments in unaffiliated issuers, at value	$505,034,472	$208,404,568
Investments in affiliated issuers, at value (Note 2)	63,420,534	55,722,689
Securities loaned, at value (Note 2)	62,825,882	54,838,173
Repurchase agreements, at value (Note 2)	9,497,000	—
Total investments, at value	640,777,888	318,965,430
Cash	48	—
Receivable for investments sold	316,168	8,095,183
Receivable for forward foreign currency exchange contracts (Note 3)	—	14,796
Dividends and interest receivable	1,237,584	105,209
Receivable for securities lending income	6,599	3,871
Other assets	220	213
Total assets	642,338,507	327,184,702

Liabilities

Payable for investments purchased	—	11,665,502
Payable for fund shares repurchased	6,742	—
Payable upon return of securities loaned (Note 2)	63,412,056	55,710,745
Payable to affiliates
Accounting and legal services fees	1,810	2,611
Trustees’ fees	228	59
Other liabilities and accrued expenses	64,463	37,761
Total liabilities	63,485,299	67,416,678

Net assets

Capital paid-in	$622,326,750	$246,498,167
Undistributed net investment income (loss)	660,013	(474,117)
Accumulated undistributed net realized gain (loss) on investments	(172,614,738)	(29,632,162)
Net unrealized appreciation (depreciation) on investments	128,481,183	43,376,136
Net assets	$578,853,208	$259,768,024
Investments in unaffiliated issuers, including repurchase agreements, at cost	$448,888,210	$219,894,744
Investments in affiliated issuers, at cost	$63,409,115	$55,709,358

Net asset value per share

The Funds have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing
the net assets of each class of shares by the number of outstanding shares in the class.

Class NAV
Net assets	$578,853,208	$259,768,024
Shares outstanding	59,882,381	34,921,996
Net asset value, offering price and redemption price per share	$9.67	$7.44


The accompanying notes are an integral part of the financial statements.	294

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	Active Bond	All Cap	All Cap	All Cap
Investment income	Fund	Core Fund	Growth Fund	Value Fund

Interest	$19,205,945	$11,186	$351	$760
Dividends	71,793	4,648,173	542,749	2,108,061
Securities lending	—	252,231	3,308	54,169
Less foreign taxes withheld	(12,826)	—	(3,109)	(16,645)
Total investment income	19,264,912	4,911,590	543,299	2,146,345

Expenses

Investment management fees (Note 5)	1,871,719	1,946,358	384,421	1,531,757
Class 1 distribution and service fees (Note 5)	8,797	—	22,613	21,808
Accounting and legal services fees (Note 5)	48,032	35,083	7,740	23,352
Professional fees	27,244	16,534	18,643	15,017
Custodian fees	45,751	32,540	10,554	29,181
Trustees’ fees (Note 5)	3,736	3,007	689	2,348
Registration and filing fees	4,416	4,426	1,905	5,766
Miscellaneous	4,585	2,972	220	1,501
Total expenses before reductions and amounts recaptured	2,014,280	2,040,920	446,785	1,630,730
Net expense reductions and amounts recaptured (Note 5)	(1,336)	(1,043)	(183)	(777)
Total expenses	2,012,944	2,039,877	446,602	1,629,953
Net investment income (loss)	17,251,968	2,871,713	96,697	516,392

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	1,994,485	22,501,810	12,753,022	18,258,496
Investments in affiliated issuers	—	(2,416)	(661)	(4,209)
Futures contracts	(48,667)	5,361,127	—	—
Written options	27,312	—	—	—
Foreign currency transactions	70,265	—	8,152	1,367
	2,043,395	27,860,521	12,760,513	18,255,654

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	29,804,314	11,832,210	(6,662,055)	21,944,044
Investments in affiliated issuers	—	(52)	(392)	870
Futures contracts	13,898	(3,835,628)	—	—
Translation of assets and liabilities in foreign currencies	(491)	—	—	—
	29,817,721	7,996,530	(6,662,447)	21,944,914
Net realized and unrealized gain (loss)	31,861,116	35,857,051	6,098,066	40,200,568

Increase (decrease) in net assets from operations	$49,113,084	$38,728,764	$6,194,763	$40,716,960


The accompanying notes are an integral part of the financial statements.	295

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


		Alternative
	Alpha	Asset		Capital
	Opportunities	Allocation	Blue Chip	Appreciation
Investment income	Fund	Fund	Growth Fund	Fund

Interest	$13,130	—	$16,501	$1,450
Dividends	4,678,051	—	8,037,641	5,804,250
Securities lending	158,985	—	66,059	73,293
Income distributions received from affiliated underlying funds	—	$41,665	—	—
Less foreign taxes withheld	(52,770)	—	(53,045)	(77,421)
Total investment income	4,797,396	41,665	8,067,156	5,801,572

Expenses

Investment management fees (Note 5)	3,587,329	1,295	7,032,228	4,653,140
Class A distribution and service fees (Note 5)	—	2,049	—	—
Class 1 distribution and service fees (Note 5)	—	—	89,529	27,302
Accounting and legal services fees (Note 5)	48,849	97	116,517	82,556
State registration fees (Note 5)	—	462	—	—
Professional fees	21,904	16,153	24,814	20,070
Printing and postage fees (Note 5)	—	62	—	—
Custodian fees	87,442	5,972	51,864	47,246
Trustees’ fees (Note 5)	4,491	5	9,906	7,424
Registration and filing fees	11,974	1,000	9,357	9,200
Miscellaneous	3,303	95	9,600	6,935
Total expenses before reductions and amounts recaptured	3,765,292	27,190	7,343,815	4,853,873
Net expense reductions and amounts recaptured (Note 5)	(1,516)	(23,049)	(275,640)	(2,773)
Total expenses	3,763,776	4,141	7,068,175	4,851,100
Net investment income (loss)	1,033,620	37,524	998,981	950,472

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	91,186,257¹	—	(6,960,148)	56,933,430
Investments in affiliated issuers	(7,413)	41,650	(9,880)	(13,344)
Capital gain distributions received from underlying funds	—	816	—	—
Foreign currency transactions	(41,866)	—	(2,089)	(46,662)
	91,136,978	42,466	(6,972,117)	56,873,424

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	(20,547,676)²	7,601	157,955,894	70,378,693
Investments in affiliated issuers	(1,159)	23,024	3,044	3,544
Translation of assets and liabilities in foreign currencies	(86,600)	—	(12)	(4,392)
	(20,635,435)	30,625	157,958,926	70,377,845
Net realized and unrealized gain (loss)	70,501,543	73,091	150,986,809	127,251,269

Increase (decrease) in net assets from operations	$71,535,163	$110,615	$151,985,790	$128,201,741


1 Net of India foreign taxes of $32,343.
2 Net of $14,580 decrease in deferred India foreign withholding taxes.


The accompanying notes are an integral part of the financial statements.	296

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


		Core
		Diversified	Core
		Growth &	Fundamental	Core Global
	Core	Income	Holdings	Diversification
Investment income	Bond Fund	Portfolio	Portfolio	Portfolio

Interest	$9,763,397	—	—	—
Dividends	—	$257,707	$159,712	$239,108
Less foreign taxes withheld	(5,617)	—	—	—
Total investment income	9,757,780	257,707	159,712	239,108

Expenses

Investment management fees (Note 5)	1,334,163	3,173	1,890	2,465
Class 1 distribution and service fees (Note 5)	2,818	3,734	2,222	2,904
Accounting and legal services fees (Note 5)	27,244	1,131	627	873
Professional fees	22,066	9,884	9,898	9,859
Custodian fees	34,781	5,972	5,972	5,972
Trustees’ fees (Note 5)	2,687	239	216	217
Registration and filing fees	4,958	1,580	1,559	1,577
Miscellaneous	2,228	8	6	5
Total expenses before reductions and amounts recaptured	1,430,945	25,721	22,390	23,872
Net expense reductions and amounts recaptured (Note 5)	(928)	(20,012)	(19,050)	(19,330)
Total expenses	1,430,017	5,709	3,340	4,542
Net investment income (loss)	8,327,763	251,998	156,372	234,566

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	10,093,810	683,509	507,790	699,584
Investments in affiliated issuers	—	(6,673)	(453)	(2,789)
Capital gain distributions received from underlying funds	—	36,189	28,773	33,228
Short sales	(44,609)	—	—	—
	10,049,201	713,025	536,110	730,023

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	(1,047,970)	(90,451)	(175,162)	(483,956)
Investments in affiliated issuers	—	15,907	(2,906)	(136,064)
Short sales	70,254	—	—	—
	(977,716)	(74,544)	(178,068)	(620,020)
Net realized and unrealized gain (loss)	9,071,485	638,481	358,042	110,003

Increase (decrease) in net assets from operations	$17,399,248	$890,479	$514,414	$344,569


The accompanying notes are an integral part of the financial statements.	297

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	Emerging Markets	Emerging Markets	Equity-Income	Fundamental
Investment income	Debt Fund¹	Value Fund	Fund	Value Fund

Interest	$121,544	$1,246	$126,349	$927,636
Dividends	—	6,854,386	10,297,944	9,846,110
Securities lending	—	152,958	86,024	111,032
Less foreign taxes withheld	—	(650,844)	(86,092)	(53,662)
Total investment income	121,544	6,357,746	10,424,225	10,831,116

Expenses

Investment management fees (Note 5)	16,304	5,462,559	3,324,319	5,666,115
Class A distribution and service fees (Note 5)	5,397	—	—	—
Class 1 distribution and service fees (Note 5)	—	—	35,172	25,729
Accounting and legal services fees (Note 5)	437	78,113	60,851	100,219
Professional fees	6,866	35,273	19,108	22,804
Custodian fees	1,841	539,794	64,380	112,980
Trustees’ fees (Note 5)	104	6,802	4,939	8,886
Registration and filing fees	184	8,408	6,293	8,706
Miscellaneous	14	12,229	4,761	8,558
Total expenses before reductions and amounts recaptured	31,147	6,143,178	3,519,823	5,953,997
Net expense reductions and amounts recaptured (Note 5)	(6,096)	(2,384)	(130,518)	(3,116)
Total expenses	25,051	6,140,794	3,389,305	5,950,881
Net investment income (loss)	96,493	216,952	7,034,920	4,880,235

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	(47,889)	43,870,307	9,397,428	(33,515,688)
Investments in affiliated issuers	—	3,794	(297)	(7,826)
Futures contracts	607	—	—	—
Foreign currency transactions	(8,321)	(217,621)	(4,797)	(23,228)
	(55,603)	43,656,480	9,392,334	(33,546,742)

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	82,487	101,912,178²	41,674,481	168,176,344
Investments in affiliated issuers	—	(10,974)	(2,223)	(1,775)
Futures contracts	(7,839)	—	—	—
Translation of assets and liabilities in foreign currencies	2,200	(27,889)	(540)	(2,699)
	76,848	101,873,315	41,671,718	168,171,870
Net realized and unrealized gain (loss)	21,245	145,529,795	51,064,052	134,625,128

Increase (decrease) in net assets from operations	$117,738	$145,746,747	$58,098,972	$139,505,363

1 Period from 1-4-10 (inception date) to 2-28-10.

2 Net of $3,878,228 decrease in deferred India foreign withholding taxes.


The accompanying notes are an integral part of the financial statements.	298

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	Global		Global
	Agribusiness	Global	Infrastructure	Global Real
Investment income	Fund	Bond Fund	Fund	Estate Fund

Interest	$5	$12,455,200	—	$20,259
Dividends	31,711	599	$34,494	4,477,631
Securities lending	—	—	—	47,956
Less foreign taxes withheld	—	(3,813)	(2,443)	(319,922)
Total investment income	31,716	12,451,986	32,051	4,225,924

Expenses

Investment management fees (Note 5)	10,223	2,451,431	9,454	1,350,402
Class A distribution and service fees (Note 5)	1,800	—	1,665	—
Class 1 distribution and service fees (Note 5)	—	15,978	—	—
Accounting and legal services fees (Note 5)	170	47,051	156	32,961
State registration fees (Note 5)	909	—	909	—
Professional fees	18,115	35,183	18,112	22,616
Printing and postage fees (Note 5)	104	—	96	—
Custodian fees	6,474	221,410	6,101	121,022
Trustees’ fees (Note 5)	9	4,087	9	2,089
Registration and filing fees	1,021	6,854	1,020	5,234
Miscellaneous	98	49,847	99	8,017
Total expenses before reductions and amounts recaptured	38,923	2,831,841	37,621	1,542,341
Net expense reductions and amounts recaptured (Note 5)	(24,201)	(1,496)	(24,007)	(592)
Total expenses	14,722	2,830,345	13,614	1,541,749
Net investment income (loss)	16,994	9,621,641	18,437	2,684,175

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	33,850	(246,790)	79,380	25,342,001
Investments in affiliated issuers	—	—	—	224
Futures contracts	—	3,335,259	—	—
Written options	—	1,444,516	—	—
Short sales	—	(118,136)	—	—
Swap contracts	—	1,845,481	—	—
Foreign currency transactions	(159)	13,869,088	(1,158)	(51,360)
	33,691	20,129,418	78,222	25,290,865

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	123,480	3,653,389	59,974	(10,721,486)
Investments in affiliated issuers	—	—	—	(233)
Futures contracts	—	(479,716)	—	—
Written options	—	642,411	—	—
Short sales	—	382,890	—	—
Swap contracts	—	(1,300,833)	—	—
Translation of assets and liabilities in foreign currencies	128	(209,383)	(39)	(4,940)
Miscellaneous receivable	—	(431,083)	—	—
	123,608	2,257,675	59,935	(10,726,659)
Net realized and unrealized gain (loss)	157,299	22,387,093	138,157	14,564,206

Increase (decrease) in net assets from operations	$174,293	$32,008,734	$156,594	$17,248,381


The accompanying notes are an integral part of the financial statements.	299

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	Global	High	High	Index
Investment income	Timber Fund	Income Fund	Yield Fund	500 Fund

Interest	—	$25,696,726	$52,538,213	$16,541
Dividends	$24,414	1,920,870	475,365	19,727,560
Securities lending	—	—	29,354	129,990
Less foreign taxes withheld	(601)	—	(85,697)	(1,029)
Total investment income	23,813	27,617,596	52,957,235	19,873,062

Expenses

Investment management fees (Note 5)	10,561	1,523,165	3,336,746	4,477,748
Class A distribution and service fees (Note 5)	1,860	—	—	—
Class 1 distribution and service fees (Note 5)	—	—	17,196	—
Accounting and legal services fees (Note 5)	188	31,258	99,244	148,264
State registration fees (Note 5)	909	—	—	—
Professional fees	18,112	31,102	31,716	29,303
Printing and postage fees (Note 5)	108	—	—	—
Custodian fees	8,287	32,650	91,801	5,972
Trustees’ fees (Note 5)	8	2,726	6,885	11,941
Registration and filing fees	1,020	3,676	8,381	22,427
Miscellaneous	98	7,980	7,289	11,435
Total expenses before reductions and amounts recaptured	41,151	1,632,557	3,599,258	4,707,090
Net expense reductions and amounts recaptured (Note 5)	(25,942)	(959)	(2,083)	(4,076)
Total expenses	15,209	1,631,598	3,597,175	4,703,014
Net investment income (loss)	8,604	25,985,998	49,360,060	15,170,048

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	152,352	(3,499,765)	(37,631,945)	(8,540,191)
Investments in affiliated issuers	—	—	(150)	(4,183)
Futures contracts	—	—	(14,451)	6,018,914
Written options	—	—	—	—
Foreign currency transactions	(3,783)	(247,238)	424,873	—
	148,569	(3,747,003)	(37,221,673)	(2,525,460)

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	75,308	105,354,854	125,207,301	154,827,366
Investments in affiliated issuers	—	—	(160)	(2,178)
Futures contracts	—	—	4,828	(2,315,846)
Written options	—	935,312	—	—
Translation of assets and liabilities in foreign currencies	(85)	240,663	25,581	—
	75,223	106,530,829	125,237,550	152,509,342
Net realized and unrealized gain (loss)	223,792	102,783,826	88,015,877	149,983,882

Increase (decrease) in net assets from operations	$232,396	$128,769,824	$137,375,937	$165,153,930


The accompanying notes are an integral part of the financial statements.	300

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	International	International	International	International
	Equity	Opportunities	Small Cap	Small
Investment income	Index Fund	Fund	Fund	Company Fund

Interest	$21,210	$3,000	$3,685	$255
Dividends	3,160,491	3,395,714	1,555,319	855,617
Securities lending	61,201	1,633	79,384	37,685
Less foreign taxes withheld	(253,499)	(293,129)	(119,225)	(36,651)
Total investment income	2,989,403	3,107,218	1,519,163	856,906

Expenses

Investment management fees (Note 5)	976,843	3,623,239	1,287,025	600,612
Class 1 distribution and service fees (Note 5)	—	18,441	32,804	—
Accounting and legal services fees (Note 5)	30,470	55,194	21,448	19,280
Professional fees	18,073	20,121	16,853	18,098
Custodian fees	5,972	316,216	157,509	50,003
Trustees’ fees (Note 5)	2,246	4,856	1,627	1,119
Registration and filing fees	4,262	5,620	3,094	2,998
Miscellaneous	4,740	6,420	3,903	6,241
Total expenses before reductions and amounts recaptured	1,042,606	4,050,107	1,524,263	698,351
Net expense reductions and amounts recaptured (Note 5)	(792)	(1,751)	(520)	(255)
Total expenses	1,041,814	4,048,356	1,523,743	698,096
Net investment income (loss)	1,947,589	(941,138)	(4,580)	158,810

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	(723,170)	42,478,862	(1,701,732)	287,968
Investments in affiliated issuers	(1,275)	14,407	(1,920)	(156)
Futures contracts	1,966,213	—	—	—
Foreign currency transactions	787,767	(582,889)	62,193	(12,839)
	2,029,535	41,910,380	(1,641,459)	274,973

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	8,531,319	(33,542,914)	19,286,017	4,369,086
Investments in affiliated issuers	(463)	(17,143)	943	(92)
Futures contracts	(1,819,269)	—	—	—
Translation of assets and liabilities in foreign currencies	(611,243)	(47,730)	(4,104)	1,937
	6,100,344	(33,607,787)	19,282,856	4,370,931
Net realized and unrealized gain (loss)	8,129,879	8,302,593	17,641,397	4,645,904

Increase (decrease) in net assets from operations	$10,077,468	$7,361,455	$17,636,817	$4,804,714


The accompanying notes are an integral part of the financial statements.	301

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


		Investment
	International	Quality	Large Cap	Large Cap
Investment income	Value Fund	Bond Fund	Fund	Value Fund

Interest	$19,763	$4,591,539	$223	$227
Dividends	9,314,896	—	2,248,645	5,164,920
Securities lending	228,442	—	5,115	42,418
Less foreign taxes withheld	(469,101)	(24)	(1,460)	—
Total investment income	9,094,000	4,591,515	2,252,523	5,207,565

Expenses

Investment management fees (Note 5)	4,849,131	566,434	966,843	2,233,432
Class 1 distribution and service fees (Note 5)	75,648	16,641	8,587	20,230
Accounting and legal services fees (Note 5)	86,511	14,959	18,014	41,683
Professional fees	23,037	27,291	14,706	17,138
Custodian fees	416,431	18,896	18,274	31,466
Trustees’ fees (Note 5)	7,307	1,257	1,513	3,369
Registration and filing fees	7,403	2,307	2,810	4,183
Miscellaneous	9,482	1,394	1,551	3,818
Total expenses before reductions and amounts recaptured	5,474,950	649,179	1,032,298	2,355,319
Net expense reductions and amounts recaptured (Note 5)	(100,655)	(398)	(540)	(1,139)
Total expenses	5,374,295	648,781	1,031,758	2,354,180
Net investment income (loss)	3,719,705	3,942,734	1,220,765	2,853,385

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	(7,926,324)	(30,970)	10,427,955	9,996,207
Investments in affiliated issuers	(11,118)	—	(1,132)	(203)
Futures contracts	—	(205,646)	—	—
Swap contracts	—	(77,634)	—	—
Foreign currency transactions	(352,949)	(64,021)	—	—
	(8,290,391)	(378,271)	10,426,823	9,996,004

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	27,247,223	4,368,004	15,447,065	22,392,774
Investments in affiliated issuers	(546)	—	233	564
Futures contracts	—	18,683	—	—
Swap contracts	—	82,568	—	—
Translation of assets and liabilities in foreign currencies	(20,925)	(46,067)	—	—
	27,225,752	4,423,188	15,447,298	22,393,338
Net realized and unrealized gain (loss)	18,935,361	4,044,917	25,874,121	32,389,342

Increase (decrease) in net assets from operations	$22,655,066	$7,987,651	$27,094,886	$35,242,727


The accompanying notes are an integral part of the financial statements.	302

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


			Mid Cap
	Mid Cap	Mid Cap	Value	Mid Value
Investment income	Index Fund	Stock Fund	Equity Fund	Fund

Interest	$7,900	$7,937	$13,642	$54,109
Dividends	4,459,690	2,277,323	1,716,687	2,715,162
Securities lending	174,079	211,083	38,170	22,295
Less foreign taxes withheld	—	(18,903)	(11,469)	(7,216)
Total investment income	4,641,669	2,477,440	1,757,030	2,784,350

Expenses

Investment management fees (Note 5)	1,264,892	3,211,631	751,579	1,606,845
Class 1 distribution and service fees (Note 5)	—	70,703	—	—
Accounting and legal services fees (Note 5)	33,623	47,548	12,560	20,450
Professional fees	15,942	17,388	13,507	20,423
Custodian fees	5,972	88,899	15,101	26,766
Trustees’ fees (Note 5)	3,249	4,479	1,149	1,937
Registration and filing fees	5,235	6,860	2,885	5,851
Miscellaneous	1,211	4,414	349	1,194
Total expenses before reductions and amounts recaptured	1,330,124	3,451,922	797,130	1,683,466
Net expense reductions and amounts recaptured (Note 5)	(1,132)	(1,601)	(360)	(77,936)
Total expenses	1,328,992	3,450,321	796,770	1,605,530
Net investment income (loss)	3,312,677	(972,881)	960,260	1,178,820

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	(77,565)	62,966,812	(632,264)	20,365,273
Investments in affiliated issuers	(4,095)	(3,564)	(824)	(2,433)
Futures contracts	3,759,105	—	—	—
Foreign currency transactions	—	119,196	(161)	921
	3,677,445	63,082,444	(633,249)	20,363,761

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	61,894,999	41,994,438	20,505,514	12,726,242
Investments in affiliated issuers	(2,414)	1,297	(744)	1,806
Futures contracts	(1,261,294)	—	—	—
Translation of assets and liabilities in foreign currencies	—	(214,946)	615	—
	60,631,291	41,780,789	20,505,385	12,728,048
Net realized and unrealized gain (loss)	64,308,736	104,863,233	19,872,136	33,091,809

Increase (decrease) in net assets from operations	$67,621,413	$103,890,352	$20,832,396	$34,270,629


The accompanying notes are an integral part of the financial statements.	303

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	Optimized	Real Estate	Real Estate	Real Return
Investment income	Value Fund	Equity Fund	Securities Fund	Bond Fund

Interest	$183	$273,214	$122	$13,164,273
Dividends	3,474,973	4,000,060	4,726,876	18,750
Securities lending	—	111,013	29,855	—
Less foreign taxes withheld	(23,980)	—	—	(14,105)
Total investment income	3,451,176	4,384,287	4,756,853	13,168,918

Expenses

Investment management fees (Note 5)	1,080,439	946,701	757,045	4,130,333
Class A distribution and service fees (Note 5)	229	—	—	—
Class B distribution and service fees (Note 5)	285	—	—	—
Class C distribution and service fees (Note 5)	49	—	—	—
Class 1 distribution and service fees (Note 5)	12,119	—	54,075	16,797
Transfer agent fees (Note 5)	1,165	—	—	—
Accounting and legal services fees (Note 5)	33,054	14,996	16,384	74,613
State registration fees (Note 5)	37,941	—	—	—
Professional fees	41,840	15,634	14,087	37,010
Custodian fees	18,686	15,893	21,203	99,069
Trustees’ fees (Note 5)	2,234	1,387	1,041	6,988
Registration and filing fees	13,585	2,274	1,836	11,517
Miscellaneous	2,431	1,905	624	10,932
Total expenses before reductions and amounts recaptured	1,244,057	998,790	866,295	4,387,259
Net expense reductions and amounts recaptured (Note 5)	(39,509)	(40,572)	(570)	(2,601)
Total expenses	1,204,548	958,218	865,725	4,384,658
Net investment income (loss)	2,246,628	3,426,069	3,891,128	8,784,260

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	29,574,223	(5,439,313)	7,792,204	19,936,311
Investments in affiliated issuers	—	(4,118)	(4,553)	—
Futures contracts	—	—	—	2,758,867
Written options	—	—	—	1,746,734
Short sales	—	—	—	(186,168)
Swap contracts	—	—	—	(1,082,006)
Foreign currency transactions	—	—	—	1,945,674
	29,574,223	(5,443,431)	7,787,651	25,119,412

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	(7,645,936)	37,638,327	19,872,149	22,109,987
Investments in affiliated issuers	—	(2,823)	2,372	—
Futures contracts	—	—	—	1,127,531
Written options	—	—	—	1,166,263
Short sales	—	—	—	178,927
Swap contracts	—	—	—	(621,311)
Translation of assets and liabilities in foreign currencies	—	—	—	1,383,793
Miscellaneous receivable	—	—	—	(27,052)
	(7,645,936)	37,635,504	19,874,521	25,318,138
Net realized and unrealized gain (loss)	21,928,287	32,192,073	27,662,172	50,437,550

Increase (decrease) in net assets from operations	$24,174,915	$35,618,142	$31,553,300	$59,221,810


The accompanying notes are an integral part of the financial statements.	304

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	Short Term			Small Cap
	Government	Small Cap	Small Cap	Opportunities
Investment income	Income Fund	Growth Fund	Index Fund	Fund

Interest	$264,282	$1,168	$805	$162
Dividends	—	186,739	762,086	471,379
Securities lending	—	—	97,547	28,327
Less foreign taxes withheld	—	—	(24)	(857)
Total investment income	264,282	187,907	860,414	499,011

Expenses

Investment management fees (Note 5)	85,632	636,978	266,940	511,220
Class 1 distribution and service fees (Note 5)	—	—	—	11,400
Accounting and legal services fees (Note 5)	2,185	8,253	9,257	8,177
Professional fees	23,656	16,870	13,901	14,862
Custodian fees	7,226	11,232	5,972	10,070
Trustees’ fees (Note 5)	150	941	802	682
Registration and filing fees	2,058	3,040	1,448	2,976
Miscellaneous	128	392	420	177
Total expenses before reductions and amounts recaptured	121,035	677,706	298,740	559,564
Net expense reductions and amounts recaptured (Note 5)	(23,450)	(248)	(239)	(42,223)
Total expenses	97,585	677,458	298,501	517,341
Net investment income (loss)	166,697	(489,551)	561,913	(18,330)

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	98,080	14,306,541	1,567,280	3,588,521
Investments in affiliated issuers	—	—	(623)	(1,076)
Futures contracts	—	—	96,334	—
	98,080	14,306,541	1,662,991	3,587,445

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	262,755	1,087,967	8,928,631	7,550,386
Investments in affiliated issuers	—	—	(548)	350
Futures contracts	—	—	(131,881)	—
	262,755	1,087,967	8,796,202	7,550,736
Net realized and unrealized gain (loss)	360,835	15,394,508	10,459,193	11,138,181

Increase (decrease) in net assets from operations	$527,532	$14,904,957	$11,021,106	$11,119,851


The accompanying notes are an integral part of the financial statements.	305

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


		Small	Small	Smaller
	Small Cap	Company	Company	Company
Investment income	Value Fund	Growth Fund	Value Fund	Growth Fund

Interest	$797	$960	$10,131	$649
Dividends	725,988	647,180	2,905,240	514,818
Securities lending	31,598	38,564	60,585	115,073
Less foreign taxes withheld	—	—	(7,883)	(155)
Total investment income	758,383	686,704	2,968,073	630,385

Expenses

Investment management fees (Note 5)	455,222	703,099	1,973,795	905,538
Class 1 distribution and service fees (Note 5)	—	—	25,967	—
Accounting and legal services fees (Note 5)	5,357	10,286	32,273	11,552
Professional fees	16,222	13,986	16,304	17,855
Custodian fees	8,542	12,972	31,993	15,081
Trustees’ fees (Note 5)	693	892	2,393	1,188
Registration and filing fees	2,143	2,208	3,636	3,616
Miscellaneous	145	372	2,438	507
Total expenses before reductions and amounts recaptured	488,324	743,815	2,088,799	955,337
Net expense reductions and amounts recaptured (Note 5)	(1,891)	(281)	(97,936)	(96,674)
Total expenses	486,433	743,534	1,990,863	858,663
Net investment income (loss)	271,950	(56,830)	977,210	(228,278)

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	2,920,064	3,955,953	5,596,474	12,737,877
Investments in affiliated issuers	(865)	(1,428)	(3,471)	820
Futures contracts	—	—	—	60,565
Foreign currency transactions	—	—	(1,711)	—
	2,919,199	3,954,525	5,591,292	12,799,262

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	8,016,448	9,400,618	28,768,092	6,099,295
Investments in affiliated issuers	230	(1,117)	(750)	(1,360)
Futures contracts	—	—	—	6,923
	8,016,678	9,399,501	28,767,342	6,104,858
Net realized and unrealized gain (loss)	10,935,877	13,354,026	34,358,634	18,904,120

Increase (decrease) in net assets from operations	$11,207,827	$13,297,196	$35,335,844	$18,675,842


The accompanying notes are an integral part of the financial statements.	306

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	Spectrum	Strategic	Total Bond	Total
Investment income	Income Fund	Bond Fund	Market Fund	Return Fund

Interest	$21,925,565	$9,647,826	$10,818,164	$27,501,835
Dividends	1,831,059	84,473	—	432,263
Securities lending	13,061	679	288	—
Less foreign taxes withheld	(21,328)	(8,566)	(5,202)	(14,125)
Total investment income	23,748,357	9,724,412	10,813,250	27,919,973

Expenses

Investment management fees (Note 5)	3,195,028	1,236,124	1,267,808	6,575,913
Class 1 distribution and service fees (Note 5)	—	10,494	—	63,414
Accounting and legal services fees (Note 5)	75,686	37,523	32,935	135,664
Professional fees	34,862	26,083	19,514	43,279
Custodian fees	135,363	32,519	5,972	144,420
Trustees’ fees (Note 5)	5,781	3,076	3,113	11,361
Registration and filing fees	6,314	4,631	8,251	9,822
Miscellaneous	5,715	3,107	1,884	16,843
Total expenses before reductions and amounts recaptured	3,458,749	1,353,557	1,339,477	7,000,716
Net expense reductions and amounts recaptured (Note 5)	(109,123)	(517)	(1,152)	(4,142)
Total expenses	3,349,626	1,353,040	1,338,325	6,996,574
Net investment income (loss)	20,398,731	8,371,372	9,474,925	20,923,399

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	6,896,845	(1,080,074)	266,062	26,933,009
Investments in affiliated issuers	(1,164)	(1,586)	(242)	—
Futures contracts	269,546	1,874,882	—	16,821,611
Written options	—	61,621	—	3,216,583
Short sales	—	—	—	(584,836)
Swap contracts	13,830	—	—	31,694,895
Foreign currency transactions	4,382,985	1,672,124	—	2,196,626
	11,562,042	2,526,967	265,820	80,277,888

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	20,248,214	26,160,179	4,204,404	18,079,457
Investments in affiliated issuers	(522)	(467)	(67)	—
Futures contracts	18,067	(743,525)	—	(4,142,434)
Written options	—	(3,809)	—	3,559,414
Short sales	—	—	—	312,547
Swap contracts	44,269	(45,230)	—	(16,076,632)
Translation of assets and liabilities in foreign currencies	237,210	(154,240)	—	602,487
Miscellaneous receivable	—	(3,933)	—	—
	20,547,238	25,208,975	4,204,337	2,334,839
Net realized and unrealized gain (loss)	32,109,280	27,735,942	4,470,157	82,612,727

Increase (decrease) in net assets from operations	$52,508,011	$36,107,314	$13,945,082	$103,536,126


The accompanying notes are an integral part of the financial statements.	307

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	U.S.	U.S. High
	Government	Yield	U.S. Multi
Investment income	Securities Fund	Bond Fund	Sector Fund	Value Fund

Interest	$1,695,332	$33,420,602	$5,566	$834
Dividends	—	12,446	9,711,048	1,162,487
Securities lending	557	554	32,776	10,620
Total investment income	1,695,889	33,433,602	9,749,390	1,173,941

Expenses

Investment management fees (Note 5)	453,804	2,795,704	3,570,867	464,723
Class 1 distribution and service fees (Note 5)	11,654	9,955	—	—
Accounting and legal services fees (Note 5)	13,415	47,389	59,081	7,692
Professional fees	20,219	26,598	18,594	13,132
Custodian fees	12,994	53,611	63,932	11,805
Trustees’ fees (Note 5)	988	4,715	5,507	933
Registration and filing fees	2,300	7,860	7,065	2,837
Miscellaneous	940	4,205	4,962	236
Total expenses before reductions and amounts recaptured	516,314	2,950,037	3,730,008	501,358
Net expense reductions and amounts recaptured (Note 5)	(305)	(1,547)	(1,954)	(263)
Total expenses	516,009	2,948,490	3,728,054	501,095
Net investment income (loss)	1,179,880	30,485,112	6,021,336	672,846

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	(1,661,569)	7,602,423	605,462	11,360,922
Investments in affiliated issuers	—	(16)	(3,736)	(318)
Futures contracts	1,558,228	—	2,160,910	—
Written options	97,264	—	—	—
	(6,077)	7,602,407	2,762,636	11,360,604

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	6,296,231	40,976,837	66,196,375	4,809,496
Investments in affiliated issuers	(125)	—	(675)	(24)
Futures contracts	(538,066)	—	(1,639,004)	—
Written options	480,484	—	—	—
Translation of assets and liabilities in foreign currencies	—	—	(1,274)	—
	6,238,524	40,976,837	64,555,422	4,809,472
Net realized and unrealized gain (loss)	6,232,447	48,579,244	67,318,058	16,170,076

Increase (decrease) in net assets from operations	$7,412,327	$79,064,356	$73,339,394	$16,842,922


The accompanying notes are an integral part of the financial statements.	308

John Hancock Funds II

Statements of Operations — February 28, 2010 (Unaudited)


	Value &
	Restructuring
Investment income	Fund	Vista Fund

Interest	$45,948	$552
Dividends	5,287,604	608,146
Securities lending	100,628	54,449
Less foreign taxes withheld	(56,543)	—
Total investment income	5,377,637	663,147

Expenses

Investment management fees (Note 5)	2,274,395	1,073,733
Accounting and legal services fees (Note 5)	35,864	16,165
Professional fees	17,945	13,626
Custodian fees	45,650	27,397
Trustees’ fees (Note 5)	3,342	1,552
Registration and filing fees	4,707	4,339
Miscellaneous	3,899	1,053
Total expenses before reductions and amounts recaptured	2,385,802	1,137,865
Net expense reductions and amounts recaptured (Note 5)	(1,155)	(515)
Total expenses	2,384,647	1,137,350
Net investment income (loss)	2,992,990	(474,203)

Realized and unrealized gain (loss)

Net realized gain (loss) on
Investments in unaffiliated issuers	(10,522,389)	6,703,442
Investments in affiliated issuers	(5,181)	(1,488)
Foreign currency transactions	1,127	31,763
	(10,526,443)	6,733,717

Change in net unrealized appreciation (depreciation) of
Investments in unaffiliated issuers	72,946,797	17,658,230
Investments in affiliated issuers	3,647	2,037
Translation of assets and liabilities in foreign currencies	(588)	14,793
	72,949,856	17,675,060
Net realized and unrealized gain (loss)	62,423,413	24,408,777

Increase (decrease) in net assets from operations	$65,416,403	$23,934,574


The accompanying notes are an integral part of the financial statements.	309

John Hancock Funds II

Statements of Changes in Net Assets


	Active Bond Fund		All Cap Core Fund		All Cap Growth Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09¹

From operations
Net investment income (loss)	$17,251,968	$33,277,642	$2,871,713	$5,976,579	$96,697	$769,699
Net realized gain (loss)	2,043,395	(3,888,883)	27,860,521	(226,203,255)	12,760,513	(33,920,834)
Change in net unrealized appreciation (depreciation)	29,817,721	13,439,347	7,996,530	62,278,560	(6,662,447)	6,288,981
Increase (decrease) in net assets resulting from
operations	49,113,084	42,828,106	38,728,764	(157,948,116)	6,194,763	(26,862,154)
Distributions to shareholders
From net investment income
Class 1	(849,264)	(1,806,425)	—	—	(526,037)	(301,947)
Class NAV	(14,251,311)	(30,207,339)	(5,839,540)	(7,243,920)	—	—
From net realized gain
Class 1	—	(110,903)	—	—	—	(991,475)
Class NAV	—	(1,887,681)	—	(42,261)	—	—
Total distributions	(15,100,575)	(34,012,348)	(5,839,540)	(7,286,181)	(526,037)	(1,293,422)
From Fund share transactions (Note 6)	59,539,157	(22,799,462)	18,355,019	(73,629,766)	(5,387,019)	(5,513,108)
Total increase (decrease)	93,551,666	(13,983,704)	51,244,243	(238,864,063)	281,707	(33,668,684)

Net assets

Beginning of period	572,878,962	586,862,666	471,790,896	710,654,959	88,836,460	122,505,144
End of period	$666,430,628	$572,878,962	$523,035,139	$471,790,896	$89,118,167	$88,836,460
Undistributed net investment income (loss)	$8,200,910	$6,049,517	$929,061	$3,896,888	($21,194)	$408,146

					Alternative Asset
	All Cap Value Fund		Alpha Opportunities Fund		Allocation Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Period ended	2/28/10	Period ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09²	(Unaudited)	8/31/09³

From operations
Net investment income (loss)	$516,392	$829,607	$1,033,620	$1,535,176	$37,524	$9,488
Net realized gain (loss)	18,255,654	(16,918,111)	91,136,978	21,139,602	42,466	4,385
Change in net unrealized appreciation (depreciation)	21,944,914	32,879,741	(20,635,435)	88,994,817	30,625	267,675
Increase (decrease) in net assets resulting from
operations	40,716,960	16,791,237	71,535,163	111,669,595	110,615	281,548
Distributions to shareholders
From net investment income
Class A	—	—	—	—	(47,301)	—
Class 1	(261,582)	(545,731)	—	—	—	—
Class NAV	(991,294)	(242,586)	(3,676,398)	(268,998)	—	—
From net realized gain
Class A	—	—	—	—	(16,354)	—
Class 1	—	(1,708,782)	—	—	—	—
Class NAV	—	(700,297)	(66,318,614)	—	—	—
Total distributions	(1,252,876)	(3,197,396)	(69,995,012)	(268,998)	(63,655)	—
From Fund share transactions (Note 6)	(543,009)	239,934,698	84,981,185	559,195,854	63,655	1,000,000
Total increase (decrease)	38,921,075	253,528,539	86,521,336	670,596,451	110,615	1,281,548

Net assets

Beginning of period	347,915,934	94,387,395	670,596,451	—	1,281,548	—
End of period	$386,837,009	$347,915,934	$757,117,787	$670,596,451	$1,392,163	$1,281,548
Undistributed net investment income (loss)	($154,781)	$581,703	($1,041,042)	$1,601,736	$418	$10,195


1 Class NAV shares were terminated on 12-31-08.

2 Period from 10-7-08 (inception date) to 8-31-09.

3 Period from 1-2-09 (inception date) to 8-31-09.


The accompanying notes are an integral part of the financial statements.	310

John Hancock Funds II

Statements of Changes in Net Assets


	Blue Chip Growth Fund		Capital Appreciation Fund		Core Bond Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$998,981	$3,159,690	$950,472	$3,027,282	$8,327,763	$10,722,672
Net realized gain (loss)	(6,972,117)	(415,946,731)	56,873,424	(183,868,533)	10,049,201	(1,001,882)
Change in net unrealized appreciation (depreciation)	157,958,926	8,228,382	70,377,845	83,159,619	(977,716)	13,230,169
Increase (decrease) in net assets resulting from
operations	151,985,790	(404,558,659)	128,201,741	(97,681,632)	17,399,248	22,950,959
Distributions to shareholders
From net investment income
Class 1	(432,630)	(371,815)	(288,944)	(204,967)	(238,799)	(278,883)
Class NAV	(1,942,437)	(3,992,625)	(3,136,340)	(3,728,929)	(9,349,114)	(10,263,625)
From net realized gain
Class 1	—	—	—	—	(83,670)	(34,762)
Class NAV	—	—	—	—	(3,027,045)	(1,384,740)
Total distributions	(2,375,067)	(4,364,440)	(3,425,284)	(3,933,896)	(12,698,628)	(11,962,010)
From Fund share transactions (Note 6)	337,800,878	(217,844,461)	116,660,584	211,386,573	38,186,181	138,409,490
Total increase (decrease)	487,411,601	(626,767,560)	241,437,041	109,771,045	42,886,801	149,398,439

Net assets

Beginning of period	1,414,923,910	2,041,691,470	1,144,358,577	1,034,587,532	421,246,612	271,848,173
End of period	$1,902,335,511	$1,414,923,910	$1,385,795,618	$1,144,358,577	$464,133,413	$421,246,612
Undistributed net investment income (loss)	$168,901	$1,544,987	($365,612)	$2,109,200	$1,906,774	$3,166,924

	Core Diversified Growth		Core Fundamental		Core Global
	& Income Portfolio		Holdings Portfolio		Diversification Portfolio
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$251,998	$139,373	$156,372	$97,221	$234,566	$92,630
Net realized gain (loss)	713,025	(63,763)	536,110	(126,020)	730,023	(69,846)
Change in net unrealized appreciation (depreciation)	(74,544)	1,101,355	(178,068)	835,208	(620,020)	805,158
Increase (decrease) in net assets resulting from
operations	890,479	1,176,965	514,414	806,409	344,569	827,942
Distributions to shareholders
From net investment income
Class 1	(349,355)	(47,109)	(228,832)	(29,345)	(295,424)	(34,804)
From net realized gain
Class 1	(53,861)	—	(51,705)	—	(48,234)	—
Total distributions	(403,216)	(47,109)	(280,537)	(29,345)	(343,658)	(34,804)
From Fund share transactions (Note 6)	7,797,688	9,418,620	2,364,920	6,169,961	9,584,578	5,985,450
Total increase (decrease)	8,284,951	10,548,476	2,598,797	6,947,025	9,585,489	6,778,588

Net assets

Beginning of period	11,526,005	977,529	7,926,741	979,716	7,731,161	952,573
End of period	$19,810,956	$11,526,005	$10,525,538	$7,926,741	$17,316,650	$7,731,161
Undistributed net investment income (loss)	($2,607)	$94,750	($771)	$71,689	$182	$61,040


The accompanying notes are an integral part of the financial statements.	311

John Hancock Funds II

Statements of Changes in Net Assets


	Emerging Markets		Emerging Markets
	Debt Fund		Value Fund		Equity-Income Fund
	Period		Six months		Six months
	ended		ended		ended
	2/28/10¹		2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)		(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$96,493		$216,952	$9,387,957	$7,034,920	$19,223,008
Net realized gain (loss)	(55,603)		43,656,480	(20,013,645)	9,392,334	(217,376,675)
Change in net unrealized appreciation (depreciation)	76,848		101,873,315	234,463,172	41,671,718	71,623,070
Increase (decrease) in net assets resulting from
operations	117,738		145,746,747	223,837,484	58,098,972	(126,530,597)
Distributions to shareholders
From net investment income
Class A	(87,923)		—	—	—	—
Class R3	(23,329)		—	—	—	—
Class 1		—	—	—	(2,722,683)	(3,754,027)
Class NAV		—	(9,182,920)	(11,522,806)	(13,892,855)	(17,840,719)
From net realized gain
Class 1		—	—	—	—	(11,259,896)
Class NAV		—	(4,392,025)	(10,123,376)	—	(52,423,854)
Total distributions	(111,252)		(13,574,945)	(21,646,182)	(16,615,538)	(85,278,496)
From Fund share transactions (Note 6)	15,000,000		16,750,915	257,601,060	56,954,480	47,220,845
Total increase (decrease)	15,006,486		148,922,717	459,792,362	98,437,914	(164,588,248)

Net assets

Beginning of period		—	1,037,018,921	577,226,559	772,069,552	936,657,800
End of period	$15,006,486		$1,185,941,638	$1,037,018,921	$870,507,466	$772,069,552
Undistributed net investment income (loss)	($14,759)		($2,389,859)	$6,576,109	$2,356,820	$11,937,438

	Fundamental Value Fund		Global Agribusiness Fund		Global Bond Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09²	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$4,880,235	$13,307,678	$16,994	$11,110	$9,621,641	$20,844,047
Net realized gain (loss)	(33,546,742)	(298,551,901)	33,691	(8,965)	20,129,418	(9,705,894)
Change in net unrealized appreciation (depreciation)	168,171,870	15,198,908	123,608	291,266	2,257,675	22,707,102
Increase (decrease) in net assets resulting from
operations	139,505,363	(270,045,315)	174,293	293,411	32,008,734	33,845,255
Distributions to shareholders
From net investment income
Class A	—	—	(11,987)	(3,919)	—	—
Class R3	—	—	(14,626)	(5,119)	—	—
Class 1	(800,100)	(1,121,380)	—	—	(5,497,480)	(7,974,069)
Class NAV	(11,591,001)	(13,340,051)	—	—	(54,530,728)	(59,477,604)
From net realized gain
Class A	—	—	(4,610)	—	—	—
Class R3	—	—	(4,620)	—	—	—
Class 1	—	—	—	—	—	(5,137,229)
Class NAV	—	—	—	—	—	(38,284,136)
Total distributions	(12,391,101)	(14,461,431)	(35,843)	(9,038)	(60,028,208)	(110,873,038)
From Fund share transactions (Note 6)	32,244,683	77,311,711	35,843	2,009,038	128,693,844	139,104,424
Total increase (decrease)	159,358,945	(207,195,035)	174,293	2,293,411	100,674,370	62,076,641

Net assets

Beginning of period	1,399,737,088	1,606,932,123	2,293,411	—	645,545,974	583,469,333
End of period	$1,559,096,033	$1,399,737,088	$2,467,704	$2,293,411	$746,220,344	$645,545,974
Undistributed net investment income (loss)	$544,465	$8,055,331	$225	$9,844	($14,370,781)	$36,035,786


1 Period from 1-4-10 (inception date) to 2-28-10.

2 Period from 1-2-09 (inception date) to 8-31-09.


The accompanying notes are an integral part of the financial statements.	312

John Hancock Funds II

Statements of Changes in Net Assets


	Global Infrastructure Fund		Global Real Estate Fund		Global Timber Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09¹	(Unaudited)	8/31/09	(Unaudited)	8/31/09¹

From operations
Net investment income (loss)	$18,437	$41,217	$2,684,175	$12,985,503	$8,604	$8,493
Net realized gain (loss)	78,222	(67,784)	25,290,865	(282,118,604)	148,569	(199,620)
Change in net unrealized appreciation (depreciation)	59,935	107,109	(10,726,659)	129,921,295	75,223	474,310
Increase (decrease) in net assets resulting from
operations	156,594	80,542	17,248,381	(139,211,806)	232,396	283,183
Distributions to shareholders
From net investment income
Class A	(12,312)	(11,386)	—	—	(1,900)	(3,924)
Class R3	(14,707)	(12,389)	—	—	(3,082)	(4,959)
Class NAV	—	—	(12,096,501)	(16,836,266)	—	—
Total distributions	(27,019)	(23,775)	(12,096,501)	(16,836,266)	(4,982)	(8,883)
From Fund share transactions (Note 6)	27,019	2,023,775	25,630,770	(180,090,406)	4,982	2,008,883
Total increase (decrease)	156,594	2,080,542	30,782,650	(336,138,478)	232,396	2,283,183

Net assets

Beginning of period	2,080,542	—	271,382,288	607,520,766	2,283,183	—
End of period	$2,237,136	$2,080,542	$302,164,938	$271,382,288	$2,515,579	$2,283,183
Undistributed net investment income (loss)	$3,096	$11,678	($13,396,426)	($3,984,100)	($9,462)	($13,084)

	High Income Fund		High Yield Fund		Index 500 Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$25,985,998	$42,812,510	$49,360,060	$139,457,114	$15,170,048	$37,743,132
Net realized gain (loss)	(3,747,003)	(6,362,177)	(37,221,673)	(231,106,128)	(2,525,460)	(289,287,693)
Change in net unrealized appreciation (depreciation)	106,530,829	(51,617,241)	125,237,550	47,974,387	152,509,342	234,685,725
Increase (decrease) in net assets resulting from
operations	128,769,824	(15,166,908)	137,375,937	(43,674,627)	165,153,930	(16,858,836)
Distributions to shareholders
From net investment income
Class 1	—	—	(3,833,366)	(4,779,611)	—	—
Class NAV	(30,268,269)	(57,336,025)	(54,220,965)	(145,505,694)	(37,125,883)	(19,527,458)
Total distributions	(30,268,269)	(57,336,025)	(58,054,331)	(150,285,305)	(37,125,883)	(19,527,458)
From Fund share transactions (Note 6)	(22,405,200)	39,364,255	(31,360,075)	(394,945,975)	70,366,375	932,914,788
Total increase (decrease)	76,096,355	(33,138,678)	47,961,531	(588,905,907)	198,394,422	896,528,494

Net assets

Beginning of period	414,332,751	447,471,429	965,356,263	1,554,262,170	1,857,096,749	960,568,255
End of period	$490,429,106	$414,332,751	$1,013,317,794	$965,356,263	$2,055,491,171	$1,857,096,749
Undistributed net investment income (loss)	$4,762,574	$9,044,845	$15,861,888	$24,556,159	$4,574,438	$26,530,273


1 Period from 1-2-09 (inception date) to 8-31-09.


The accompanying notes are an integral part of the financial statements.	313

John Hancock Funds II

Statements of Changes in Net Assets


	International		International		International
	Equity Index Fund		Opportunities Fund		Small Cap Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$1,947,589	$10,393,838	($941,138)	$7,842,643	($4,580)	$5,888,627
Net realized gain (loss)	2,029,535	(92,522,146)	41,910,380	(274,855,717)	(1,641,459)	(81,908,124)
Change in net unrealized appreciation (depreciation)	6,100,344	6,487,756	(33,607,787)	104,858,594	19,282,856	39,069,627
Increase (decrease) in net assets resulting from
operations	10,077,468	(75,640,552)	7,361,455	(162,154,480)	17,636,817	(36,949,870)
Distributions to shareholders
From net investment income
Class 1	—	—	(872,208)	(262,865)	(2,141,419)	(1,173,970)
Class NAV	(12,540,484)	(8,358,950)	(7,340,000)	(7,768,599)	(1,933,946)	(3,432,685)
From net realized gain
Class 1	—	—	—	—	—	(8,585,143)
Class NAV	—	(1,033,001)	—	—	—	(23,899,352)
Total distributions	(12,540,484)	(9,391,951)	(8,212,208)	(8,031,464)	(4,075,365)	(37,091,150)
From Fund share transactions (Note 6)	83,226,912	(86,562,483)	135,198,690	30,613,474	1,965,173	(32,530,355)
Total increase (decrease)	80,763,896	(171,594,986)	134,347,937	(139,572,470)	15,526,625	(106,571,375)

Net assets

Beginning of period	321,930,016	493,525,002	736,533,165	876,105,635	235,397,147	341,968,522
End of period	$402,693,912	$321,930,016	$870,881,102	$736,533,165	$250,923,772	$235,397,147
Undistributed net investment income (loss)	($1,789,120)	$8,803,775	($2,277,422)	$6,875,924	($362,970)	$3,716,975

	International		International		Investment
	Small Company Fund		Value Fund		Quality Bond Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$158,810	$4,744,536	$3,719,705	$27,096,258	$3,942,734	$7,525,213
Net realized gain (loss)	274,973	(133,617,643)	(8,290,391)	(218,288,654)	(378,271)	(3,735,862)
Change in net unrealized appreciation (depreciation)	4,370,931	39,942,004	27,225,752	38,560,391	4,423,188	6,981,786
Increase (decrease) in net assets resulting from
operations	4,804,714	(88,931,103)	22,655,066	(152,632,005)	7,987,651	10,771,137
Distributions to shareholders
From net investment income
Class 1	—	—	(5,831,083)	(11,284,532)	(1,784,866)	(2,970,213)
Class NAV	(5,041,096)	(4,954,284)	(17,411,266)	(32,872,675)	(3,403,112)	(6,244,366)
From net realized gain
Class 1	—	—	—	(8,224,740)	—	(176,827)
Class NAV	—	(7,543,866)	—	(23,598,716)	—	(328,395)
Total distributions	(5,041,096)	(12,498,150)	(23,242,349)	(75,980,663)	(5,187,978)	(9,719,801)
From Fund share transactions (Note 6)	828,657	(178,177,475)	47,941,089	(48,835,899)	12,340,372	(17,569,700)
Total increase (decrease)	592,275	(279,606,728)	47,353,806	(277,448,567)	15,140,045	(16,518,364)

Net assets

Beginning of period	124,826,985	404,433,713	1,147,983,428	1,425,431,995	185,959,819	202,478,183
End of period	$125,419,260	$124,826,985	$1,195,337,234	$1,147,983,428	$201,099,864	$185,959,819
Undistributed net investment income (loss)	($998,531)	$3,883,755	($315,712)	$19,206,932	$924,114	$2,169,358


The accompanying notes are an integral part of the financial statements.	314

John Hancock Funds II

Statements of Changes in Net Assets


	Large Cap Fund		Large Cap Value Fund		Mid Cap Index Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$1,220,765	$2,738,390	$2,853,385	$8,511,981	$3,312,677	$4,692,585
Net realized gain (loss)	10,426,823	(133,592,748)	9,996,004	(207,961,413)	3,677,445	(32,183,652)
Change in net unrealized appreciation (depreciation)	15,447,298	37,572,986	22,393,338	18,205,436	60,631,291	4,671,800
Increase (decrease) in net assets resulting from
operations	27,094,886	(93,281,372)	35,242,727	(181,243,996)	67,621,413	(22,819,267)
Distributions to shareholders
From net investment income
Class 1	(310,523)	(450,141)	(1,120,244)	(1,419,786)	—	—
Class NAV	(1,826,185)	(4,320,722)	(6,764,574)	(6,469,691)	(5,711,496)	(3,808,565)
From net realized gain
Class NAV	—	—	—	—	—	(5,520,506)
Total distributions	(2,136,708)	(4,770,863)	(7,884,818)	(7,889,477)	(5,711,496)	(9,329,071)
From Fund share transactions (Note 6)	17,556,291	(64,372,095)	25,735,954	(24,060,683)	1,134,999	206,764,941
Total increase (decrease)	42,514,469	(162,424,330)	53,093,863	(213,194,156)	63,044,916	174,616,603

Net assets

Beginning of period	227,311,261	389,735,591	516,733,971	729,928,127	506,135,723	331,519,120
End of period	$269,825,730	$227,311,261	$569,827,834	$516,733,971	$569,180,639	$506,135,723
Undistributed net investment income (loss)	$429,687	$1,345,630	$787,283	$5,818,716	$632,660	$3,031,479

			Mid Cap Value
	Mid Cap Stock Fund		Equity Fund		Mid Value Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09¹

From operations
Net investment income (loss)	($972,881)	$142,374	$960,260	$1,380,577	$1,178,820	$521,177
Net realized gain (loss)	63,082,444	(217,587,295)	(633,249)	(23,271,648)	20,363,761	1,143,738
Change in net unrealized appreciation (depreciation)	41,780,789	50,486,662	20,505,385	16,329,797	12,728,048	45,956,833
Increase (decrease) in net assets resulting from
operations	103,890,352	(166,958,259)	20,832,396	(5,561,274)	34,270,629	47,621,748
Distributions to shareholders
From net investment income
Class NAV	(86,849)	(143,548)	(1,771,675)	(860,608)	(1,845,863)	—
From net realized gain
Class NAV	—	—	—	(2,090,507)	(8,405,286)	—
Total distributions	(86,849)	(143,548)	(1,771,675)	(2,951,115)	(10,251,149)	—
From Fund share transactions (Note 6)	(13,122,862)	153,831,922	273,651	79,929,647	10,964,929	252,907,183
Total increase (decrease)	90,680,641	(13,269,885)	19,334,372	71,417,258	34,984,409	300,528,931

Net assets

Beginning of period	713,620,870	726,890,755	161,994,523	90,577,265	300,528,931	—
End of period	$804,301,511	$713,620,870	$181,328,895	$161,994,523	$335,513,340	$300,528,931
Undistributed net investment income (loss)	($1,344,146)	($284,416)	$90,998	$902,413	($126,470)	$540,573

1 Period from 1-2-09 (inception date) to 8-31-09.


The accompanying notes are an integral part of the financial statements.	315

John Hancock Funds II

Statements of Changes in Net Assets


					Real Estate
	Optimized Value Fund		Real Estate Equity Fund		Securities Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$2,246,628	$8,481,134	$3,426,069	$6,419,475	$3,891,128	$2,196,117
Net realized gain (loss)	29,574,223	(244,330,206)	(5,443,431)	(122,921,206)	7,787,651	(42,980,670)
Change in net unrealized appreciation (depreciation)	(7,645,936)	39,072,929	37,635,504	52,754,191	19,874,521	3,987,543
Increase (decrease) in net assets resulting from
operations	24,174,915	(196,776,143)	35,618,142	(63,747,540)	31,553,300	(36,797,010)
Distributions to shareholders
From net investment income
Class A	—	(1,531)	—	—	—	—
Class B	—	(328)	—	—	—	—
Class C	—	(108)	—	—	—	—
Class R3	—	(180)	—	—	—	—
Class 1	(939,448)	(1,443,321)	—	—	(3,702,351)	(2,120,378)
Class NAV	(5,250,993)	(11,271,727)	(5,771,107)	(6,680,797)	—	—
From net realized gain
Class 1	—	—	—	—	—	(761,479)
Class NAV	—	—	—	(322,646)	—	—
Total distributions	(6,190,441)	(12,717,195)	(5,771,107)	(7,003,443)	(3,702,351)	(2,881,857)
From Fund share transactions (Note 6)	6,424,197	(256,769,182)	(4,939,019)	15,115,547	185,738,173	2,320,825
Total increase (decrease)	24,408,671	(466,262,520)	24,908,016	(55,635,436)	213,589,122	(37,358,042)

Net assets

Beginning of period	296,891,534	763,154,054	208,710,071	264,345,507	75,151,114	112,509,156
End of period	$321,300,205	$296,891,534	$233,618,087	$208,710,071	$288,740,236	$75,151,114
Undistributed net investment income (loss)	$481,969	$4,425,782	$767,483	$3,112,521	$1,284,182	$1,095,405

			Short Term Government
	Real Return Bond Fund		Income Fund		Small Cap Growth Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Period ended	2/28/10	Period ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09¹	(Unaudited)	8/31/09²

From operations
Net investment income (loss)	$8,784,260	$30,538,634	$166,697	$192,199	($489,551)	($543,276)
Net realized gain (loss)	25,119,412	(49,362,528)	98,080	18,595	14,306,541	(11,307,366)
Change in net unrealized appreciation (depreciation)	25,318,138	26,178,052	262,755	38,510	1,087,967	23,011,053
Increase (decrease) in net assets resulting from
operations	59,221,810	7,354,158	527,532	249,304	14,904,957	11,160,411
Distributions to shareholders
From net investment income
Class 1	(1,306,768)	(1,623,687)	—	—	—	—
Class NAV	(23,204,721)	(26,198,106)	(439,327)	—	—	—
From net realized gain
Class 1	—	(5,295,910)	—	—	—	—
Class NAV	—	(83,622,785)	(48,663)	—	—	—
Total distributions	(24,511,489)	(116,740,488)	(487,990)	—	—	—
From Fund share transactions (Note 6)	131,429,963	362,227,633	7,750,599	24,552,014	(12,587,313)	110,680,420
Total increase (decrease)	166,140,284	252,841,303	7,790,141	24,801,318	2,317,644	121,840,831

Net assets

Beginning of period	1,118,107,760	865,266,457	24,801,318	—	121,840,831	—
End of period	$1,284,248,044	$1,118,107,760	$32,591,459	$24,801,318	$124,158,475	$121,840,831
Undistributed net investment income (loss)	$32,586	$15,759,815	($80,431)	$192,199	($489,551)	—

1 Period from 1-2-09 (inception date) to 8-31-09.

2 Period from 9-10-08 (inception date) to 8-31-09.


The accompanying notes are an integral part of the financial statements.	316

John Hancock Funds II

Statements of Changes in Net Assets


			Small Cap
	Small Cap Index Fund		Opportunities Fund		Small Cap Value Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Period ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09¹

From operations
Net investment income (loss)	$561,913	$1,441,318	($18,330)	$575,968	$271,950	$71,128
Net realized gain (loss)	1,662,991	(43,432,664)	3,587,445	(30,676,510)	2,919,199	284,407
Change in net unrealized appreciation (depreciation)	8,796,202	22,914,711	7,550,736	10,578,240	8,016,678	11,261,417
Increase (decrease) in net assets resulting from
operations	11,021,106	(19,076,635)	11,119,851	(19,522,302)	11,207,827	11,616,952
Distributions to shareholders
From net investment income
Class 1	—	—	(70,639)	(644,449)	—	—
Class NAV	(1,405,466)	(1,183,230)	(115,688)	(1,156,381)	(361,933)	—
From net realized gain
Class NAV	—	(2,172,703)	—	—	(1,190,204)	—
Total distributions	(1,405,466)	(3,355,933)	(186,327)	(1,800,830)	(1,552,137)	—
From Fund share transactions (Note 6)	10,245,564	(2,659,270)	(3,271,945)	(2,752,832)	934,876	67,774,027
Total increase (decrease)	19,861,204	(25,091,838)	7,661,579	(24,075,964)	10,590,566	79,390,979

Net assets

Beginning of period	100,305,141	125,396,979	98,286,970	122,362,934	79,390,979	—
End of period	$120,166,345	$100,305,141	$105,948,549	$98,286,970	$89,981,545	$79,390,979
Undistributed net investment income (loss)	$86,166	$929,719	($127,945)	$76,712	($18,824)	$71,159

	Small Company		Small Company		Smaller Company
	Growth Fund		Value Fund		Growth Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Period ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09²

From operations
Net investment income (loss)	($56,830)	($291,321)	$977,210	$3,089,057	($228,278)	($501,207)
Net realized gain (loss)	3,954,525	(31,275,400)	5,591,292	(64,645,610)	12,799,262	(7,374,777)
Change in net unrealized appreciation (depreciation)	9,399,501	(2,600,260)	28,767,342	(43,257,937)	6,104,858	25,247,466
Increase (decrease) in net assets resulting from
operations	13,297,196	(34,166,981)	35,335,844	(104,814,490)	18,675,842	17,371,482
Distributions to shareholders
From net investment income
Class 1	—	—	(926,808)	(705,825)	—	—
Class NAV	(132,484)	—	(2,675,344)	(2,552,856)	—	—
From net realized gain
Class 1	—	—	—	(1,898,513)	—	—
Class NAV	—	—	—	(6,341,535)	—	—
Total distributions	(132,484)	—	(3,602,152)	(11,498,729)	—	—
From Fund share transactions (Note 6)	5,988,677	(12,539,071)	3,832,949	(72,321,420)	3,032,311	141,102,419
Total increase (decrease)	19,153,389	(46,706,052)	35,566,641	(188,634,639)	21,708,153	158,473,901

Net assets

Beginning of period	121,932,032	168,638,084	363,150,999	551,785,638	158,473,901	—
End of period	$141,085,421	$121,932,032	$398,717,640	$363,150,999	$180,182,054	$158,473,901
Undistributed net investment income (loss)	($189,314)	—	($890,491)	$1,734,451	($228,278)	—


1 Period from 12-16-08 (inception date) to 8-31-09.

2 Period from 10-7-08 (inception date) to 8-31-09.


The accompanying notes are an integral part of the financial statements.	317

John Hancock Funds II

Statements of Changes in Net Assets


	Spectrum Income Fund		Strategic Bond Fund		Total Bond Market Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$20,398,731	$45,382,780	$8,371,372	$26,723,406	$9,474,925	$13,191,429
Net realized gain (loss)	11,562,042	(53,869,988)	2,526,967	(8,268,841)	265,820	8,620,296
Change in net unrealized appreciation (depreciation)	20,547,238	34,007,086	25,208,975	(3,351,463)	4,204,337	16,613,374
Increase (decrease) in net assets resulting from
operations	52,508,011	25,519,878	36,107,314	15,103,102	13,945,082	38,425,099
Distributions to shareholders
From net investment income
Class 1	—	—	(2,277,050)	(2,069,660)	—	—
Class NAV	(22,829,936)	(51,188,074)	(17,191,037)	(24,442,301)	(9,671,794)	(11,485,817)
From net realized gain
Class NAV	—	(6,910,163)	—	—	(8,065,365)	(304,093)
Total distributions	(22,829,936)	(58,098,237)	(19,468,087)	(26,511,961)	(17,737,159)	(11,789,910)
From Fund share transactions (Note 6)	(86,621,978)	(131,930,129)	(253,817,226)	973,826	136,637,580	360,251,044
Total increase (decrease)	(56,943,903)	(164,508,488)	(237,177,999)	(10,435,033)	132,845,503	386,886,233

Net assets

Beginning of period	900,811,433	1,065,319,921	497,359,866	507,794,899	446,532,144	59,645,911
End of period	$843,867,530	$900,811,433	$260,181,867	$497,359,866	$579,377,647	$446,532,144
Undistributed net investment income (loss)	$5,213,863	$7,645,068	($222,451)	$10,874,264	$2,863,050	$3,059,919

			U.S. Government		U.S. High Yield
	Total Return Fund		Securities Fund		Bond Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$20,923,399	$59,085,164	$1,179,880	$4,435,806	$30,485,112	$49,941,755
Net realized gain (loss)	80,277,888	53,438,534	(6,077)	5,682,964	7,602,407	(26,443,442)
Change in net unrealized appreciation (depreciation)	2,334,839	60,239,665	6,238,524	(120,419)	40,976,837	22,459,071
Increase (decrease) in net assets resulting from
operations	103,536,126	172,763,363	7,412,327	9,998,351	79,064,356	45,957,384
Distributions to shareholders
From net investment income
Class 1	(7,363,577)	(8,616,623)	(795,188)	(1,543,466)	(1,674,161)	(1,205,635)
Class NAV	(49,045,271)	(70,323,046)	(1,665,456)	(3,882,438)	(31,937,732)	(43,524,775)
From net realized gain
Class 1	(3,091,691)	(11,365,707)	(740,501)	(3,352,004)	—	—
Class NAV	(20,383,404)	(86,535,514)	(1,655,702)	(7,773,674)	—	—
Total distributions	(79,883,943)	(176,840,890)	(4,856,847)	(16,551,582)	(33,611,893)	(44,730,410)
From Fund share transactions (Note 6)	264,220,773	(55,163,845)	11,678,997	(52,561,542)	(70,150,139)	246,718,372
Total increase (decrease)	287,872,956	(59,241,372)	14,234,477	(59,114,773)	(24,697,676)	247,945,346

Net assets

Beginning of period	1,780,701,057	1,839,942,429	140,957,130	200,071,903	777,185,486	529,240,140
End of period	$2,068,574,013	$1,780,701,057	$155,191,607	$140,957,130	$752,487,810	$777,185,486
Undistributed net investment income (loss)	($3,936,136)	$31,549,313	($31,580)	$1,249,184	$9,196,245	$12,323,026


The accompanying notes are an integral part of the financial statements.	318

John Hancock Funds II

Statements of Changes in Net Assets


					Value &
	U.S. Multi Sector Fund		Value Fund		Restructuring Fund
	Six months		Six months		Six months
	ended		ended		ended
	2/28/10	Year ended	2/28/10	Year ended	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09	(Unaudited)	8/31/09	(Unaudited)	8/31/09

From operations
Net investment income (loss)	$6,021,336	$11,148,367	$672,846	$522,742	$2,992,990	$7,351,498
Net realized gain (loss)	2,762,636	(124,471,332)	11,360,604	(6,718,871)	(10,526,443)	(129,630,032)
Change in net unrealized appreciation (depreciation)	64,555,422	11,455,528	4,809,472	16,475,939	72,949,856	(2,223,386)
Increase (decrease) in net assets resulting from
operations	73,339,394	(101,867,437)	16,842,922	10,279,810	65,416,403	(124,501,920)
Distributions to shareholders
From net investment income
Class NAV	(12,428,759)	(14,280,412)	(976,292)	(228,535)	(7,347,600)	(5,685,628)
Total distributions	(12,428,759)	(14,280,412)	(976,292)	(228,535)	(7,347,600)	(5,685,628)
From Fund share transactions (Note 6)	44,023,468	81,571,831	(6,362,864)	86,144,497	6,663,637	76,111,651
Total increase (decrease)	104,934,103	(34,576,018)	9,503,766	96,195,772	64,732,440	(54,075,897)

Net assets

Beginning of period	869,905,562	904,481,580	122,078,708	25,882,936	514,120,768	568,196,665
End of period	$974,839,665	$869,905,562	$131,582,474	$122,078,708	$578,853,208	$514,120,768
Undistributed net investment income (loss)	$1,461,509	$7,868,932	$108,358	$411,804	$660,013	$5,014,623

	Vista Fund
	Six months
	ended
	2/28/10	Year ended
Increase (decrease) in net assets	(Unaudited)	8/31/09

From operations
Net investment income (loss)	($474,203)	($327,477)
Net realized gain (loss)	6,733,717	(35,307,371)
Change in net unrealized appreciation (depreciation)	17,675,060	6,255,611
Increase (decrease) in net assets resulting from
operations	23,934,574	(29,379,237)
Distributions to shareholders
From net investment income
Class NAV	—	(159,632)
From net realized gain
Class NAV	—	(14,136,636)
Total distributions	—	(14,296,268)
From Fund share transactions (Note 6)	12,521,387	153,175,866
Total increase (decrease)	36,455,961	109,500,361

Net assets

Beginning of period	223,312,063	113,811,702
End of period	$259,768,024	$223,312,063
Undistributed net investment income (loss)	($474,117)	$86


The accompanying notes are an integral part of the financial statements.	319

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Active Bond Fund

CLASS 1

02-28-2010³	9.30	0.26	0.49	0.75	(0.23)	—	—	(0.23)	9.82	8.21^4,5,6	37	0.69²	0.69²	5.48²	38
08-31-2009	9.12	0.52	0.20	0.72	(0.51)	(0.03)	—	(0.54)	9.30	8.68⁴	33	0.71	0.71	6.10	90⁷
08-31-2008	9.54	0.47	(0.40)	0.07	(0.49)	—	—	(0.49)	9.12	0.72⁴	33	0.72	0.72	4.97	133⁷
08-31-2007	9.60	0.47	(0.06)	0.41	(0.47)	—⁸	—	(0.47)	9.54	4.38⁴	36	0.73	0.73	4.92	165⁷
08-31-2006⁹	9.61	0.36	(0.11)	0.25	(0.26)	—	—	(0.26)	9.60	2.68^4,5	37	0.79²	0.79²	4.27²	406


CLASS NAV

02-28-2010³	9.30	0.26	0.50	0.76	(0.24)	—	—	(0.24)	9.82	8.24^4,5,6	629	0.64²	0.64²	5.53²	38
08-31-2009	9.12	0.52	0.20	0.72	(0.51)	(0.03)	—	(0.54)	9.30	8.73⁴	540	0.66	0.66	6.15	90⁷
08-31-2008	9.53	0.47	(0.38)	0.09	(0.50)	—	—	(0.50)	9.12	0.88⁴	554	0.67	0.67	5.02	133⁷
08-31-2007	9.60	0.48	(0.07)	0.41	(0.48)	—⁸	—	(0.48)	9.53	4.34⁴	523	0.68	0.68	4.99	165⁷
08-31-2006⁹	9.58	0.35	(0.06)	0.29	(0.27)	—	—	(0.27)	9.60	3.09^4,5	399	0.70²	0.70²	4.30²	406

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The Portfolio turnover rates, including the effect of “TBA” (to be announced) securities for the periods ended,
were as follows: 154% for 8-31-09, 255% for 8-31-08 and 299% for 8-31-07. The year ended 8-31-06 includes the effect of TBA transactions. 8. Less than $0.005 per share. 9. The
inception dates for Class 1 and Class NAV shares are 10-15-05 and 10-27-05, respectively.

All Cap Core Fund

CLASS NAV

02-28-2010³	7.21	0.04	0.55	0.59	(0.09)	—	—	(0.09)	7.71	8.17^4,5,6	523	0.82²	0.82²	1.15²	68
08-31-2009	9.22	0.10	(1.98)	(1.88)	(0.13)	—⁷	—	(0.13)	7.21	(20.07)⁴	472	0.83	0.83	1.52	186⁹
08-31-2008	11.06	0.11	(1.31)	(1.20)	(0.13)	(0.51)	—	(0.64)	9.22	(11.50)⁴	711	0.80	0.80	1.14	239
08-31-2007	9.92	0.12	1.06	1.18	(0.03)	(0.01)	—	(0.04)	11.06	11.93⁴	477	0.83	0.83	1.12	244
08-31-2006⁸	10.00	0.05	(0.13)	(0.08)	—	—	—	—	9.92	(0.80)^4,6	284	0.84²	0.84²	1.42²	86

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. Less than $0.005 per share. 8. The inception date for Class NAV shares is 4-28-06. 9. The portfolio turnover
rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

All Cap Growth Fund

CLASS 1

02-28-2010²	11.64	0.01	0.81	0.82	(0.07)	—	—	(0.07)	12.39	7.05^4,5,6	89	0.99³	0.99³	0.21³	105
08-31-2009	15.54	0.09	(3.83)	(3.74)	(0.04)	(0.12)	—	(0.16)	11.64	(23.94)⁴	89	1.01	1.01	0.87	165⁹
08-31-2008	19.28	—⁷	(2.45)	(2.45)	(0.02)	(1.27)	—	(1.29)	15.54	(13.81)⁴	28	0.98	0.98	(0.01)	111
08-31-2007	16.43	0.01	2.85	2.86	(0.01)	—	—	(0.01)	19.28	17.41⁴	33	0.97	0.97	0.07	102
08-31-2006⁸	15.50	0.01	0.93	0.94	(0.01)	—	—	(0.01)	16.43	6.05^4,6	32	1.00³	1.00³	0.08³	106

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Annualized. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. Less than $0.005 per share. 8. The inception date for Class 1 shares is 10-15-05. 9. The portfolio turnover rate
for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

All Cap Value Fund

CLASS 1

02-28-2010²	9.28	0.01	1.07	1.08	(0.03)	—	—	(0.03)	10.33	11.64^5,6,7	90	0.92⁴	0.92⁴	0.24⁴	41
08-31-2009	11.19	0.06	(1.72)	(1.66)	(0.06)	(0.19)	—	(0.25)	9.28	(14.42)⁵	84	0.96	0.96	0.67	74⁹
08-31-2008	17.26	0.09	(0.50)	(0.41)	(0.21)	(5.45)	—	(5.66)	11.19	(4.62)⁵	25	0.97	0.97	0.73	76
08-31-2007	15.84	0.14	1.82	1.96	(0.12)	(0.42)	—	(0.54)	17.26	12.64⁵	26	0.97	0.97	0.82	82
08-31-2006³	13.84	0.11	1.91	2.02	(0.02)	—	—	(0.02)	15.84	14.64^5,6,8	21	0.94⁴	0.94⁴	0.80⁴	48


CLASS NAV

02-28-2010²	9.24	0.01	1.06	1.07	(0.03)	—	—	(0.03)	10.28	11.63^5,6,7	297	0.87⁴	0.87⁴	0.29⁴	41
08-31-2009	11.14	0.04	(1.68)	(1.64)	(0.07)	(0.19)	—	(0.26)	9.24	(14.34)⁵	264	0.91	0.91	0.48	74⁹
08-31-2008	17.21	0.10	(0.50)	(0.40)	(0.22)	(5.45)	—	(5.67)	11.14	(4.57)⁵	69	0.92	0.92	0.78	76
08-31-2007	15.80	0.15	1.81	1.96	(0.13)	(0.42)	—	(0.55)	17.21	12.62⁵	70	0.88	0.88	0.93	82
08-31-2006³	13.80	0.12	1.91	2.03	(0.03)	—	—	(0.03)	15.80	14.69^5,6,8	195	0.89⁴	0.89⁴	0.88⁴	48

1. Based on the average daily shares outstanding. 2. Unaudited. 3. The inception date for Class 1 and Class NAV shares is 10-15-05. 4. Annualized. 5. Assumes dividend reinvestment
(if applicable). 6. Not annualized. 7. Total returns would have been lower had certain expenses not been reduced during the periods shown. 8. The Adviser /Subadviser voluntarily paid
Class 1 and Class NAV $46,991 and $410,290, respectively, for a potential lost investment opportunity. Excluding these payments, the total return would have been 14.38% for Class 1 and
14.45% for Class NAV. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term
investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	320

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Alpha Opportunities Fund

CLASS NAV

02-28-2010²	10.87	0.02	1.13	1.15	(0.06)	(1.07)	—	(1.13)	10.89	10.49^4,5,6	757	1.04³	1.04³	0.28³	89
08-31-2009⁷	10.00	0.03	0.85	0.88	(0.01)	—	—	(0.01)	10.87	8.80^4,5	671	1.08³	1.08³	0.42³	202⁸

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Annualized. 4. Not annualized. 5. Assumes dividend reinvestment (if applicable). 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class NAV shares is 10-7-08. 8. The portfolio turnover rate for the year ended August 31,
2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Alternative Asset Allocation Fund

CLASS A

02-28-2010²	12.82	0.37⁹	0.74	1.11	(0.48)	(0.16)	—	(0.64)	13.29	8.60^3,4,5	1	3.98⁶	0.61^6,7	5.49⁶	7
08-31-2009⁸	10.00	0.10⁹	2.72	2.82	—	—	—	—	12.82	28.20^3,4,5	1	6.78⁶	0.55^6,7	1.33^6,9	1

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Not annualized. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Annualized. 7. Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on
the mix of underlying funds held by the Portfolio. The range of expense ratios of the underlying funds held by the Portfolios was as follows:
Period ended											Range

2-28-2010											0.71% – 1.18%
8-31-2009											0.71% – 1.18%
8. The inception date for Class A shares is 1-2-09. 9. Recognition of net investment income by the Portfolio is affected by the timing of the declaration of dividends by the underlying funds
in which the Portfolio invests.

Blue Chip Growth Fund

CLASS 1

02-28-2010²	15.60	0.01	1.60	1.61	(0.02)	—	—	(0.02)	17.19	10.30^3,4,5	445	0.88⁶	0.85⁶	0.14⁶	24
08-31-2009	19.07	0.03	(3.46)	(3.43)	(0.04)	—	—	(0.04)	15.60	(17.95)^3,4	153	0.90	0.87	0.19	59⁹
08-31-2008	20.98	0.05	(1.78)	(1.73)	(0.08)	(0.10)	—	(0.18)	19.07	(8.35)^3,4	192	0.89	0.86	0.26	44
08-31-2007	17.82	0.08⁷	3.17	3.25	(0.09)	—	—	(0.09)	20.98	18.28^3,4	204	0.89	0.86	0.39⁷	33
08-31-2006⁸	16.53	0.08	1.22	1.30	(0.01)	—	—	(0.01)	17.82	7.88^3,4,5	185	0.90⁶	0.88⁶	0.51⁶	28


CLASS NAV

02-28-2010²	15.59	0.01	1.59	1.60	(0.02)	—	—	(0.02)	17.17	10.28^3,4,5	1,457	0.83⁶	0.80⁶	0.11⁶	24
08-31-2009	19.06	0.03	(3.45)	(3.42)	(0.05)	—	—	(0.05)	15.59	(17.90)^3,4	1,262	0.85	0.82	0.25	59⁹
08-31-2008	20.97	0.06	(1.78)	(1.72)	(0.09)	(0.10)	—	(0.19)	19.06	(8.31)^3,4	1,850	0.84	0.81	0.29	44
08-31-2007	17.80	0.09⁷	3.17	3.26	(0.09)	—	—	(0.09)	20.97	18.37^3,4	1,483	0.84	0.81	0.44⁷	33
08-31-2006⁸	16.51	0.09	1.22	1.31	(0.02)	—	—	(0.02)	17.80	7.90^3,4,5	1,088	0.85⁶	0.83⁶	0.58⁶	28

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Total returns would have been lower had certain expenses not been reduced during the periods shown. 4. Assumes
dividend reinvestment (if applicable). 5. Not annualized. 6. Annualized. 7. Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflects
special dividends received by the Fund/Portfolio which amounted to the following amounts:
												Percentage of average
							Per share					net assets

Class 1							$0.04					0.18%
Class NAV							$0.04					0.18%
8. The inception date for Class 1 and Class NAV shares is 10-15-05. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to
exclude the effect of certain short-term investments in a collateral management vehicle.

Capital Appreciation Fund

CLASS 1

02-28-2010³	8.84	0.01	0.95	0.96	(0.02)	—	—	(0.02)	9.78	10.87^4,5,6	134	0.79²	0.79²	0.13²	44
08-31-2009	10.14	0.02	(1.28)	(1.26)	(0.04)	—	—	(0.04)	8.84	(12.37)⁴	53	0.81	0.81	0.32	78⁸
08-31-2008	10.79	0.04	(0.66)	(0.62)	(0.03)	—	—	(0.03)	10.14	(5.80)⁴	61	0.80	0.80	0.34	85
08-31-2007	9.44	0.03	1.33	1.36	(0.01)	—	—	(0.01)	10.79	14.43⁴	66	0.81	0.81	0.27	63
08-31-2006⁷	9.20	0.01	0.23	0.24	—	—	—	—	9.44	2.61^4,5	68	0.88²	0.88²	0.10²	57


CLASS NAV

02-28-2010³	8.85	0.01	0.96	0.97	(0.03)	—	—	(0.03)	9.79	10.90^4,5,6	1,252	0.74²	0.74²	0.15²	44
08-31-2009	10.16	0.03	(1.30)	(1.27)	(0.04)	—	—	(0.04)	8.85	(12.39)⁴	1,091	0.76	0.76	0.36	78⁸
08-31-2008	10.80	0.04	(0.65)	(0.61)	(0.03)	—	—	(0.03)	10.16	(5.65)⁴	973	0.75	0.75	0.41	85
08-31-2007	9.45	0.04	1.32	1.36	(0.01)	—	—	(0.01)	10.80	14.42⁴	586	0.76	0.76	0.34	63
08-31-2006⁷	9.20	0.01	0.24	0.25	—	—	—	—	9.45	2.72^4,5	393	0.83²	0.83²	0.15²	57

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class 1 and Class NAV shares is 10-15-05. 8. The portfolio turnover rate for the year
ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	321

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Core Bond Fund

CLASS 1

02-28-2010³	13.09	0.24	0.26	0.50	(0.28)	(0.09)	—	(0.37)	13.22	3.87^4,5,6	11	0.69²	0.69²	3.67²	212⁷
08-31-2009	12.59	0.52	0.65	1.17	(0.57)	(0.10)	—	(0.67)	13.09	9.71⁴	10	0.76	0.76	4.20	571⁷
08-31-2008	12.51	0.56	0.11	0.67	(0.59)	—	—	(0.59)	12.59	5.43⁴	4	0.80	0.80	4.46	395⁷
08-31-2007	12.52	0.58	(0.02)	0.56	(0.57)	—⁸	—	(0.57)	12.51	4.60⁴	2	0.82	0.82	4.67	313⁷
08-31-2006⁹	12.51	0.47	(0.12)	0.35	(0.34)	—	—	(0.34)	12.52	2.86^4,6	1	0.88²	0.88²	4.39²	436


CLASS NAV

02-28-2010³	13.07	0.24	0.27	0.51	(0.28)	(0.09)	—	(0.37)	13.21	3.98^4,5,6	453	0.64²	0.64²	3.72²	212⁷
08-31-2009	12.58	0.53	0.63	1.16	(0.57)	(0.10)	—	(0.67)	13.07	9.69⁴	411	0.71	0.71	4.29	571⁷
08-31-2008	12.50	0.57	0.10	0.67	(0.59)	—	—	(0.59)	12.58	5.49⁴	267	0.75	0.75	4.51	395⁷
08-31-2007	12.51	0.59	(0.02)	0.57	(0.58)	—⁸	—	(0.58)	12.50	4.67⁴	267	0.77	0.77	4.71	313⁷
08-31-2006⁹	12.50	0.46	(0.11)	0.35	(0.34)	—	—	(0.34)	12.51	2.90^4,6	197	0.83²	0.83²	4.24²	436

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. The Portfolio turnover rates including the effect of “TBA” (to be announced) for the periods ended were as
follows: 355% for 2-28-10, 1,220% for 8-31-09, 807% for 8-31-08 and 623% for 8-31-07. The year ended 8-31-06 includes the effect of TBA transactions. 8. Less than $0.005 per share.
9. The inception date for Class 1 and Class NAV shares is 10-15-05.

Core Diversified Growth & Income Portfolio

CLASS 1

02-28-2010³	8.50	0.15⁴	0.49	0.64	(0.20)	(0.03)	—	(0.23)	8.91	7.47^5,6,9	20	0.34²	0.08^2,7	3.37^2,4	66
08-31-2009	9.75	0.25⁴	(1.39)⁸	(1.14)	(0.11)	—	—	(0.11)	8.50	(11.47)^5,9	12	1.04	0.06⁷	3.08⁴	6
08-31-2008¹⁰	10.00	0.02⁴	(0.27)	(0.25)	—	—	—	—	9.75	(2.50)^5,6	1	15.51²	0.08^2,7	1.43^2,4	—¹¹

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Recognition of net investment income by the Portfolio is affected by the timing of the declaration of
dividends by the underlying funds in which the Portfolio invests. 5. Assumes dividend reinvestment (if applicable). 6. Not annualized. 7. Ratios do not include expenses indirectly incurred
from underlying funds whose expense ratios can vary based on the mix of underlying funds held by the Portfolio. The range of expense ratios of the underlying funds held by the Portfolios
was as follows:
Period ended											Range

02-28-2010											0.37% – 0.57%
08-31-2009											0.37% – 0.79%
08-31-2008											0.32% – 0.71%
8. The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in
relation to fluctuating market values of the investments of the fund. 9. Total returns would have been lower had certain expenses not been reduced during the periods shown. 10. The
inception date for Class 1 shares is 7-1-08. 11. Less than 1%.

Core Fundamental Holdings Portfolio

CLASS 1

02-28-2010²	8.77	0.16⁴	0.41	0.57	(0.23)	(0.05)	—	(0.28)	9.06	6.48^5,6,7	11	0.50³	0.08^3,8	3.52^3,4	70
08-31-2009	9.78	0.26⁴	(1.13)⁹	(0.87)	(0.14)	—	—	(0.14)	8.77	(8.64)^5,7	8	1.42	0.06⁸	3.12⁴	17
08-31-2008¹⁰	10.00	0.04⁴	(0.26)	(0.22)	—	—	—	—	9.78	(2.20)^6,7	1	15.48³	0.08^3,8	2.21^3,4	—¹¹

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Annualized. 4. Recognition of net investment income by the Fund is affected by the timing of the declaration of
dividends by the underlying funds in which the Fund invests. 5. Total returns would have been lower had certain expenses not been reduced during the periods shown. 6. Not annualized.
7. Assumes dividend reinvestment (if applicable). 8. Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on the mix of underlying
funds held by the Portfolio. The range of expense ratios of the underlying funds held by the Portfolios was as follows:
Period ended											Range

02-28-2010											0.37% – 0.57%
08-31-2009											0.37% – 0.51%
08-31-2008											0.32% – 0.50%
9. The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in
relation to fluctuating market values of the investments of the fund. 10. The inception date for Class 1 shares is 7-1-08. 11. Less than 1%.


The accompanying notes are an integral part of the financial statements.	322

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Core Global Diversification Portfolio

CLASS 1

02-28-2010³	8.54	0.18⁴	0.32	0.50	(0.20)	(0.03)	—	(0.23)	8.81	5.83^5,6,7	17	0.41²	0.08^2,8	4.04^2,4	74
08-31-2009	9.51	0.26⁴	(1.07)⁹	(0.81)	(0.16)	—	—	(0.16)	8.54	(8.11)⁵	8	1.55	0.06⁸	3.33⁴	11
08-31-2008¹⁰	10.00	0.03⁴	(0.52)	(0.49)	—	—	—	—	9.51	(4.90)^5,7	1	15.70²	0.08^2,8	1.92^2,4	—¹¹

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Recognition of net investment income by the Fund is affected by the timing of the declaration of
dividends by the underlying funds in which the Fund invests. 5. Assumes dividend reinvestment (if applicable). 6. Total returns would have been lower had certain expenses not been
reduced during the periods shown. 7. Not annualized. 8. Ratios do not include expenses indirectly incurred from underlying funds whose expense ratios can vary based on the mix of
underlying funds held by the Portfolio. The range of expense ratios of the underlying funds held by the Portfolios was as follows:
Period ended											Range

02-28-2010											0.37% – 0.57%
08-31-2009											0.37% – 0.79%
08-31-2008											0.33% – 0.71%
9. The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in
relation to fluctuating market values of the investments of the fund. 10. The inception date for Class 1 shares is 7-1-08. 11. Less than 1%.

Emerging Markets Debt Fund

CLASS A

02-28-2010^2,3	10.00	0.07	—⁸	0.07	(0.07)	—	—	(0.07)	10.00	0.74^4,5,6	12	1.44⁷	1.17⁷	4.23⁷	35


CLASS I

02-28-2010^2,3	10.00	0.07	0.01	0.08	(0.08)	—	—	(0.08)	10.00	0.78^4,5,6	3	1.14⁷	0.87⁷	4.53⁷	35

1. Based on the average daily shares outstanding. 2. The inception date for Class A and Class I shares is 1-4-10. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total
returns would have been lower had certain expenses not been reduced during the periods shown. 6. Not annualized. 7. Annualized. 8. Less than $0.005 per share.

Emerging Markets Value Fund

CLASS NAV

02-28-2010⁴	9.09	—⁵	1.27	1.27	(0.08)	(0.04)	—	(0.12)	10.24	13.97^2,6,7	1,186	1.07³	1.07³	0.04³	11
08-31-2009	9.47	0.10	(0.19)	(0.09)	(0.16)	(0.13)	—	(0.29)	9.09	1.07²	1,037	1.07	1.07	1.39	32⁹
08-31-2008	11.02	0.24	(1.59)	(1.35)	(0.10)	(0.10)	—	(0.20)	9.47	(12.61)²	577	1.08	1.08	2.11	13
08-31-2007⁸	10.00	0.08	0.94	1.02	—	—	—	—	11.02	10.20^2,6	482	1.10³	1.10³	2.14³	2

1. Based on the average daily shares outstanding. 2. Assumes dividend reinvestment (if applicable). 3. Annualized. 4. Unaudited. 5. Less than $0.005 per share. 6. Not annualized.
7. Total returns would have been lower had certain expenses not been reduced during the periods shown. 8. The inception date for Class NAV shares is 5-1-07. 9. The portfolio turnover
rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Equity-Income Fund

CLASS 1

02-28-2010³	11.85	0.10	0.77	0.87	(0.24)	—	—	(0.24)	12.48	7.36^4,5,6	142	0.90²	0.87²	1.66²	9
08-31-2009	16.11	0.29	(3.04)	(2.75)	(0.38)	(1.13)	—	(1.51)	11.85	(15.65)^4,5	139	0.91	0.88	2.73	46⁸
08-31-2008	19.52	0.36	(2.52)	(2.16)	(0.32)	(0.93)	—	(1.25)	16.11	(11.83)^4,5	163	0.89	0.86	2.06	30
08-31-2007	18.13	0.33	2.22	2.55	(0.30)	(0.86)	—	(1.16)	19.52	14.37^4,5	212	0.89	0.86	1.70	20
08-31-2006⁷	16.03	0.26	1.90	2.16	(0.06)	—	—	(0.06)	18.13	13.52^4,5,6	183	0.90²	0.89²	1.68²	39


CLASS NAV

02-28-2010³	11.83	0.11	0.77	0.88	(0.25)	—	—	(0.25)	12.46	7.42^4,5,6	729	0.85²	0.82²	1.72²	9
08-31-2009	16.10	0.29	(3.04)	(2.75)	(0.39)	(1.13)	—	(1.52)	11.83	(15.68)^4,5	633	0.86	0.83	2.77	46⁸
08-31-2008	19.51	0.37	(2.52)	(2.15)	(0.33)	(0.93)	—	(1.26)	16.10	(11.79)^4,5	774	0.84	0.81	2.14	30
08-31-2007	18.11	0.34	2.22	2.56	(0.30)	(0.86)	—	(1.16)	19.51	14.46^4,5	711	0.84	0.81	1.75	20
08-31-2006⁷	16.01	0.27	1.89	2.16	(0.06)	—	—	(0.06)	18.11	13.54^4,5,6	535	0.85²	0.84²	1.75²	39

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Total returns would have been lower had certain expenses not been reduced during the periods shown.
5. Assumes dividend reinvestment (if applicable). 6. Not annualized. 7. The inception date for Class 1 and Class NAV shares is 10-15-05. 8. The portfolio turnover rate for the year ended
August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	323

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Fundamental Value Fund

CLASS 1

02-28-2010³	12.32	0.04	1.17	1.21	(0.10)	—	—	(0.10)	13.43	9.86^4,5	103	0.84²	0.84²	0.61²	11
08-31-2009	15.37	0.12	(3.02)	(2.90)	(0.15)	—	—	(0.15)	12.32	(18.72)⁴	101	0.86	0.86	1.13	36⁷
08-31-2008	17.58	0.15	(2.04)	(1.89)	(0.17)	(0.15)	—	(0.32)	15.37	(10.97)⁴	74	0.85	0.85	0.88	14
08-31-2007	15.86	0.20	1.86	2.06	(0.13)	(0.21)	—	(0.34)	17.58	13.02⁴	85	0.85	0.85	1.15	6
08-31-2006⁶	14.34	0.13	1.42	1.55	(0.03)	—	—	(0.03)	15.86	10.83^4,5	67	0.86²	0.86²	0.93²	8


CLASS NAV

02-28-2010³	12.29	0.04	1.18	1.22	(0.11)	—	—	(0.11)	13.40	9.93^4,5	1,456	0.79²	0.79²	0.66²	11
08-31-2009	15.35	0.13	(3.03)	(2.90)	(0.16)	—	—	(0.16)	12.29	(18.75)⁴	1,299	0.81	0.81	1.19	36⁷
08-31-2008	17.56	0.15	(2.03)	(1.88)	(0.18)	(0.15)	—	(0.33)	15.35	(10.93)⁴	1,533	0.80	0.80	0.93	14
08-31-2007	15.83	0.21	1.86	2.07	(0.13)	(0.21)	—	(0.34)	17.56	13.12⁴	946	0.80	0.80	1.21	6
08-31-2006⁶	14.31	0.13	1.42	1.55	(0.03)	—	—	(0.03)	15.83	10.87^4,5	695	0.81²	0.81²	1.00²	8

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. The inception date for Class 1 and
Class NAV shares is 10-15-05. 7. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-
term investments in a collateral management vehicle.

Global Agribusiness Fund

CLASS A

02-28-2010²	11.41	0.07	0.77	0.84	(0.11)	(0.05)	—	(0.16)	12.09	7.43^3,4,5	1	3.39⁶	1.45⁶	1.19⁶	38
08-31-2009⁷	10.00	0.04	1.41	1.45	(0.04)	—	—	(0.04)	11.41	14.52^3,4,5	1	4.72⁶	1.45⁶	0.58⁶	84


CLASS I

02-28-2010²	11.43	0.10	0.78	0.88	(0.14)	(0.05)	—	(0.19)	12.12	7.74^3,4,5	1	3.09⁶	1.00⁶	1.64⁶	38
08-31-2009⁷	10.00	0.07	1.41	1.48	(0.05)	—	—	(0.05)	11.43	14.84^3,4,5	1	4.42⁶	1.00⁶	1.03⁶	84

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Assumes dividend reinvestment (if applicable). 4. Total returns would have been lower had certain expenses not been
reduced during the periods shown. 5. Not annualized. 6. Annualized. 7. The inception date for Class A and Class I shares is 1-2-09.

Global Bond Fund

CLASS 1

02-28-2010³	12.41	0.17	0.43	0.60	(1.09)	—	—	(1.09)	11.92	4.85^4,5,6	67	0.85²	0.85²	2.70²	96
08-31-2009	15.05	0.47	0.02	0.49	(1.90)	(1.23)	—	(3.13)	12.41	6.02⁴	59	0.87	0.87	3.98	448⁷
08-31-2008	14.81	0.67	0.47	1.14	(0.78)	(0.12)	—	(0.90)	15.05	7.73⁴	74	0.88	0.88	4.28	975⁷
08-31-2007	14.83	0.53	(0.04)⁸	0.49	(0.35)	(0.16)	—	(0.51)	14.81	3.40⁴	42	0.86⁹	0.86⁹	3.64	272⁷
08-31-2006¹⁰	14.56	0.44	(0.08)⁸	0.36	(0.09)	—	—	(0.09)	14.83	2.46^4,5	41	0.84²	0.84²	3.42²	248


CLASS NAV

02-28-2010³	12.39	0.17	0.43	0.60	(1.09)	—	—	(1.09)	11.90	4.87^4,5,6	679	0.80²	0.80²	2.75²	96
08-31-2009	15.02	0.47	0.03	0.50	(1.90)	(1.23)	—	(3.13)	12.39	6.14⁴	586	0.82	0.82	4.00	448⁷
08-31-2008	14.78	0.68	0.47	1.15	(0.79)	(0.12)	—	(0.91)	15.02	7.81⁴	509	0.83	0.83	4.37	975⁷
08-31-2007	14.79	0.54	(0.03)⁸	0.51	(0.36)	(0.16)	—	(0.52)	14.78	3.51⁴	754	0.81⁹	0.81⁹	3.68	272⁷
08-31-2006¹⁰	14.52	0.45	(0.09)⁸	0.36	(0.09)	—	—	(0.09)	14.79	2.48^4,5	554	0.79²	0.79²	3.56²	248

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The Portfolio turnover rates including the effect of “TBA” (to be announced) for the periods ended were as
follows: 735% for the year ended 8-31-2009, 1,190% for the year ended 8-31-2008 and 914% for the year ended 8-31-2007. 8. The amount shown for a share outstanding does not
correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments
of the fund. 9. Includes interest and fees on inverse floaters. Excluding this expense the ratio for Class 1 and Class NAV would have been 0.86% and 0.81%, respectively. 10. The inception
date for Class 1 and Class NAV shares is 10-15-05.

Global Infrastructure Fund

CLASS A

02-28-2010²	10.26	0.08	0.68	0.76	(0.12)	—	—	(0.12)	10.90	7.42^3,4,5	1	3.53⁶	1.45⁶	1.43⁶	39
08-31-2009⁷	10.00	0.19	0.18	0.37	(0.11)	—	—	(0.11)	10.26	3.85^3,4,5	1	5.69⁶	1.45⁶	3.17⁶	39


CLASS I

02-28-2010²	10.28	0.10	0.69	0.79	(0.15)	—	—	(0.15)	10.92	7.63^3,4,5	1	3.23⁶	1.00⁶	1.88⁶	39
08-31-2009⁷	10.00	0.22	0.18	0.40	(0.12)	—	—	(0.12)	10.28	4.16^3,4,5	1	5.39⁶	1.00	3.62	39

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Assumes dividend reinvestment (if applicable). 4. Not annualized. 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Annualized. 7. The inception date for Class A and Class I shares is 1-2-09.


The accompanying notes are an integral part of the financial statements.	324

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Global Real Estate Fund

CLASS NAV

02-28-2010³	6.24	0.06	0.34	0.40	(0.28)	—	—	(0.28)	6.36	6.32^4,5,6	302	1.09²	1.08²	1.89²	56
08-31-2009	8.15	0.17	(1.87)	(1.70)	(0.21)	—	—	(0.21)	6.24	(20.28)⁴	271	1.09	1.09	3.30	118⁸
08-31-2008	11.37	0.18	(2.60)	(2.42)	(0.35)	(0.45)	—	(0.80)	8.15	(22.75)⁴	608	1.07	1.07	1.95	68
08-31-2007	10.30	0.18	1.34	1.52	(0.45)	—	—	(0.45)	11.37	14.70⁴	465	1.08	1.08	1.54	97
08-31-2006⁷	10.00	0.06	0.24	0.30	—	—	—	—	10.30	3.00^4,5	355	1.09²	1.09²	1.65²	87

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class NAV shares is 4-28-06. 8. The portfolio turnover rate for the year ended August 31,
2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Global Timber Fund

CLASS A

02-28-2010²	11.35	0.03	1.11	1.14	(0.02)	—	—	(0.02)³	12.47	10.04^3,4,5	1	3.46⁶	1.45⁶	0.47⁶	35
08-31-2009⁷	10.00	0.03	1.36	1.39	(0.04)	—	—	(0.04)	11.35	13.98^3,4,5	1	5.30⁶	1.45⁶	0.48⁶	67


CLASS I

02-28-2010²	11.37	0.06	1.11	1.17	(0.03)	—	—	(0.03)³	12.51	10.31^3,4,5	1	3.16⁶	1.00⁶	0.92⁶	35
08-31-2009⁷	10.00	0.06	1.36	1.42	(0.05)	—	—	(0.05)	11.37	14.31^3,4,5	1	5.00⁶	1.00⁶	0.93⁶	67

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Total returns would have been lower had certain expenses not been reduced during the periods shown. 4. Not
annualized. 5. Assumes dividend reinvestment (if applicable). 6. Annualized. 7. The inception date for Class A and Class I shares is 1-2-09.

High Income Fund

CLASS NAV

02-28-2010³	6.38	0.41	1.65	2.06	(0.49)	—	—	(0.49)	7.95	33.24^4,5,6	490	0.72²	0.72²	11.42²	48
08-31-2009	7.98	0.65	(1.34)	(0.69)	(0.91)	—	—	(0.91)	6.38	(5.78)⁴	414	0.73	0.73	12.15	68
08-31-2008	10.61	0.79	(2.24)	(1.45)	(0.74)	(0.44)	—	(1.18)	7.98	(14.76)⁴	447	0.72	0.72	8.80	53
08-31-2007	9.87	0.69	0.76	1.45	(0.69)	(0.02)	—	(0.71)	10.61	14.81⁴	383	0.73	0.73	6.38	67
08-31-2006⁷	10.00	0.23	(0.25)	(0.02)	(0.11)	—	—	(0.11)	9.87	(0.14)^4,5	289	0.77²	0.77²	6.73²	76

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class NAV shares is 4-28-06.

High Yield Fund

CLASS 1

02-28-2010³	8.00	0.41	0.73	1.14	(0.48)	—	—	(0.48)	8.66	14.57^4,5,6	74	0.76²	0.76²	9.67²	53
08-31-2009	8.81	0.81	(0.73)	0.08	(0.89)	—	—	(0.89)	8.00	3.66⁴	60	0.76	0.76	11.73	73⁹
08-31-2008	9.92	0.84	(1.04)	(0.20)	(0.83)	(0.08)	—	(0.91)	8.81	(2.33)⁴	43	0.75	0.75	8.98	59
08-31-2007	10.12	0.77	(0.17)	0.60	(0.74)	(0.06)	—	(0.80)	9.92	6.02⁴	48	0.75	0.75	7.48	77⁷
08-31-2006⁸	10.10	0.65	(0.03)	0.62	(0.60)	—	—	(0.60)	10.12	6.41^4,5	44	0.76²	0.76²	7.22²	83


CLASS NAV

02-28-2010³	7.95	0.41	0.72	1.13	(0.48)	—	—	(0.48)	8.60	14.56^4,5,6	940	0.71²	0.71²	9.75²	53
08-31-2009	8.77	0.83	(0.75)	0.08	(0.90)	—	—	(0.90)	7.95	3.62⁴	906	0.71	0.71	12.18	73⁹
08-31-2008	9.87	0.84	(1.03)	(0.19)	(0.83)	(0.08)	—	(0.91)	8.77	(2.18)⁴	1,511	0.70	0.70	9.04	59
08-31-2007	10.08	0.77	(0.17)	0.60	(0.75)	(0.06)	—	(0.81)	9.87	6.00⁴	1,547	0.70	0.70	7.55	77⁷
08-31-2006⁸	10.06	0.66	(0.03)	0.63	(0.61)	—	—	(0.61)	10.08	6.49^4,5	1,144	0.71²	0.71²	7.36²	83

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The Portfolio turnover rates including the effect of “TBA” (to be announced) for the periods ended were as
follows: 80% for the year ended 8-31-2007. 8. The inception date for Class 1 and Class NAV shares is 10-15-05. 9. The portfolio turnover rate for the year ended August 31, 2009 has
been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Index 500 Fund

CLASS NAV

02-28-2010³	7.63	0.06	0.64	0.70	(0.16)	—	—	(0.16)	8.17	9.14^4,5,6	2,055	0.48²	0.48²	1.56²	6
08-31-2009	9.47	0.15	(1.93)	(1.78)	(0.06)	—	—	(0.06)	7.63	(18.66)⁶	1,857	0.49	0.49	2.26	33⁸
08-31-2008	10.80	0.17	(1.42)	(1.25)	(0.05)	(0.03)	—	(0.08)	9.47	(11.69)⁶	961	0.49	0.49	1.71	2
08-31-2007⁷	10.00	0.17	0.67	0.84	(0.04)	—	—	(0.04)	10.80	8.41^4,5,6	83	0.58²	0.51²	1.93²	3

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Not annualized. 5. Total returns would have been lower had certain expenses not been reduced during
the periods shown. 6. Assumes dividend reinvestment (if applicable). 7. The inception date for Class NAV shares is 10-27-06. 8. The portfolio turnover rate for the year ended August 31,
2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	325

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


International Equity Index Fund

CLASS NAV

02-28-2010³	15.51	0.09	0.49	0.58	(0.56)	—	—	(0.56)	15.53	3.58^4,5,6	403	0.57²	0.57²	1.06²	1
08-31-2009	18.53	0.37	(3.08)	(2.71)	(0.28)	(0.03)	—	(0.31)	15.51	(14.15)⁴	322	0.58	0.58	2.91	26⁸
08-31-2008	22.51	0.57	(3.39)	(2.82)	(0.58)	(0.58)	—	(1.16)	18.53	(13.58)⁴	494	0.56	0.56	2.68	10
08-31-2007	18.97	0.47	3.64	4.11	(0.35)	(0.22)	—	(0.57)	22.51	21.97⁴	421	0.56	0.56	2.23	15
08-31-2006⁷	15.59	0.41	3.17	3.58	(0.20)	—	—	(0.20)	18.97	23.16^4,5	308	0.58²	0.58²	2.78²	11

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class NAV shares is 10-29-05. 8. The portfolio turnover rate for the year ended
August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

International Opportunities Fund

CLASS 1

02-28-2010³	11.95	(0.02)	0.23	0.21	(0.12)	—	—	(0.12)	12.04	1.69^4,5,6	89	1.03²	1.03²	(0.37)²	72
08-31-2009	15.16	0.12	(3.20)	(3.08)	(0.13)	—	—	(0.13)	11.95	(20.11)⁴	29	1.03	1.03	1.20	121⁹
08-31-2008	19.32	0.24	(1.67)	(1.43)	(0.25)	(2.48)	—	(2.73)	15.16	(10.51)⁴	32	1.04	1.04	1.36	111
08-31-2007	16.13	0.25	3.19	3.44	(0.05)	(0.20)	—	(0.25)	19.32	21.48⁴	23	1.04	1.04	1.40	127
08-31-2006⁷	13.71	0.11	3.01	3.12	(0.70)	—	—	(0.70)	16.13	23.36^4,5,8	9	1.07²	1.07²	0.78²	99


CLASS NAV

02-28-2010³	11.97	(0.01)	0.23	0.22	(0.12)	—	—	(0.12)	12.07	1.81^4,5,6	782	0.98²	0.98²	(0.21)²	72
08-31-2009	15.19	0.13	(3.21)	(3.08)	(0.14)	—	—	(0.14)	11.97	(20.06)⁴	708	0.98	0.98	1.26	121⁹
08-31-2008	19.36	0.25	(1.68)	(1.43)	(0.26)	(2.48)	—	(2.74)	15.19	(10.50)⁴	844	0.99	0.99	1.38	111
08-31-2007	16.16	0.24	3.21	3.45	(0.05)	(0.20)	—	(0.25)	19.36	21.51⁴	764	0.99	0.99	1.34	127
08-31-2006⁷	13.72	0.10	3.04	3.14	(0.70)	—	—	(0.70)	16.16	23.51^4,5,8	552	1.02²	1.02²	0.73²	99

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class 1 and Class NAV shares is 10-15-05. 8. The Adviser/Subadviser voluntarily
reimbursed Class 1 and Class NAV $11,316 and $3,937,220, respectively, for a potential lost investment opportunity. Excluding these reimbursements, the total return would have been
23.19% for Class 1 and 22.62% for Class NAV. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of
certain short-term investments in a collateral management vehicle.

International Small Cap Fund

CLASS 1

02-28-2010³	12.15	—⁴	0.94	0.94	(0.21)	—	—	(0.21)	12.88	7.70^5,6,7	128	1.23²	1.23²	(0.04)²	9
08-31-2009	15.71	0.20	(2.43)	(2.23)	(0.16)	(1.17)	—	(1.33)	12.15	(9.88)⁵	116	1.23	1.23	2.16	49⁹
08-31-2008	24.53	0.31	(5.42)	(5.11)	(0.63)	(3.08)	—	(3.71)	15.71	(23.67)⁵	47	1.18	1.18	1.61	29
08-31-2007	20.95	0.28	6.44	6.72	(0.28)	(2.86)	—	(3.14)	24.53	34.99⁵	81	1.16	1.16	1.24	26
08-31-2006⁸	18.48	0.27	2.24	2.51	(0.04)	—	—	(0.04)	20.95	13.58^5,6	37	1.18²	1.18²	1.55²	89


CLASS NAV

02-28-2010³	12.14	—⁴	0.96	0.96	(0.22)	—	—	(0.22)	12.88	7.83^5,6,7	123	1.18²	1.18²	0.04²	9
08-31-2009	15.72	0.23	(2.48)	(2.25)	(0.16)	(1.17)	—	(1.33)	12.14	(9.94)⁵	120	1.18	1.18	2.43	49⁹
08-31-2008	24.53	0.34	(5.42)	(5.08)	(0.65)	(3.08)	—	(3.73)	15.72	(23.58)⁵	295	1.13	1.13	1.79	29
08-31-2007	20.95	0.26	6.46	6.72	(0.28)	(2.86)	—	(3.14)	24.53	35.01⁵	376	1.11	1.11	1.16	26
08-31-2006⁸	18.45	0.25	2.29	2.54	(0.04)	—	—	(0.04)	20.95	13.80^5,6	359	1.13²	1.13²	1.43²	89

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Less than $0.005 per share. 5. Assumes dividend reinvestment (if applicable). 6. Not annualized.
7. Total returns would have been lower had certain expenses not been reduced during the periods shown. 8. The inception date for Class 1 and Class NAV shares is 10-15-05. 9. The
portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral
management vehicle.

International Small Company Fund

CLASS NAV

02-28-2010²	7.11	0.01	0.26	0.27	(0.31)	—	—	(0.31)	7.07	3.72^4,5,6	125	1.12³	1.12³	0.26³	8
08-31-2009	8.49	0.11	(1.24)	(1.13)	(0.10)	(0.15)	—	(0.25)	7.11	(12.23)⁴	125	1.09	1.09	2.03	21⁸
08-31-2008	11.53	0.16	(2.19)	(2.03)	(0.15)	(0.86)	—	(1.01)	8.49	(19.32)⁴	404	1.10	1.10	1.66	11
08-31-2007	9.33	0.12	2.14	2.26	(0.06)	—	—	(0.06)	11.53	24.30⁴	250	1.11	1.11	1.06	32
08-31-2006⁷	10.00	0.04	(0.71)	(0.67)	—	—	—	—	9.33	(6.70)^4,5	221	1.14³	1.14³	1.37³	57

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Annualized. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class NAV shares is 4-28-06. 8. The portfolio turnover rate for the year ended August 31,
2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	326

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


International Value Fund

CLASS 1

02-28-2010²	12.99	0.04	0.22	0.26	(0.26)	—	—	(0.26)	12.99	1.94^3,4,5	285	0.96⁶	0.94⁶	0.60⁶	8
08-31-2009	15.68	0.29	(2.09)	(1.80)	(0.51)	(0.38)	—	(0.89)	12.99	(9.96)^3,4	294	0.98	0.96	2.69	26⁸
08-31-2008	19.73	0.55	(3.25)	(2.70)	(0.36)	(0.99)	—	(1.35)	15.68	(15.08)^3,4	372	0.99	0.98	3.07	21
08-31-2007	17.91	0.45	2.93	3.38	(0.46)	(1.10)	—	(1.56)	19.73	19.45^3,4	162	1.00	0.98	2.32	24
08-31-2006⁷	15.20	0.46	2.30	2.76	(0.05)	—	—	(0.05)	17.91	18.22^3,4,5	134	1.01⁶	0.99⁶	3.17⁶	59


CLASS NAV

02-28-2010²	12.96	0.04	0.23	0.27	(0.27)	—	—	(0.27)	12.96	1.98^3,4,5	910	0.91⁶	0.89⁶	0.64⁶	8
08-31-2009	15.64	0.30	(2.08)	(1.78)	(0.52)	(0.38)	—	(0.90)	12.96	(9.85)^3,4	854	0.93	0.91	2.78	26⁸
08-31-2008	19.70	0.53	(3.23)	(2.70)	(0.37)	(0.99)	—	(1.36)	15.64	(15.09)^3,4	1,053	0.94	0.92	2.94	21
08-31-2007	17.88	0.47	2.91	3.38	(0.46)	(1.10)	—	(1.56)	19.70	19.50^3,4	1,081	0.95	0.93	2.42	24
08-31-2006⁷	15.16	0.47	2.30	2.77	(0.05)	—	—	(0.05)	17.88	18.35^3,4,5	836	0.96⁶	0.94⁶	3.21⁶	59

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Total returns would have been lower had certain expenses not been reduced during the periods shown. 4. Assumes
dividend reinvestment (if applicable). 5. Not annualized. 6. Annualized. 7. The inception date for Class 1 and Class NAV shares is 10-15-05. 8. The portfolio turnover rate for the year
ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Investment Quality Bond Fund

CLASS 1

02-28-2010³	11.87	0.24	0.25	0.49	(0.32)	—	—	(0.32)	12.04	4.20^4,5,6	68	0.71²	0.71²	4.08²	8
08-31-2009	11.62	0.49	0.40	0.89	(0.60)	(0.04)	—	(0.64)	11.87	8.16⁴	64	0.75	0.75	4.45	35
08-31-2008	11.70	0.54	(0.02)	0.52	(0.60)	—	—	(0.60)	11.62	4.52⁴	54	0.76	0.76	4.61	81
08-31-2007	11.76	0.56	(0.04)	0.52	(0.58)	—⁷	—	(0.58)	11.70	4.49⁴	43	0.78	0.78	4.77	37
08-31-2006⁸	11.84	0.46	(0.16)	0.30	(0.38)	—	—	(0.38)	11.76	2.64^4,6	35	0.84²	0.84²	4.42²	35


CLASS NAV

02-28-2010³	11.86	0.24	0.26	0.50	(0.33)	—	—	(0.33)	12.03	4.23^4,5,6	133	0.66²	0.66²	4.13²	8
08-31-2009	11.61	0.50	0.39	0.89	(0.60)	(0.04)	—	(0.64)	11.86	8.23⁴	122	0.70	0.70	4.47	35
08-31-2008	11.69	0.55	(0.02)	0.53	(0.61)	—	—	(0.61)	11.61	4.57⁴	149	0.71	0.71	4.66	81
08-31-2007	11.75	0.56	(0.04)	0.52	(0.58)	—⁷	—	(0.58)	11.69	4.56⁴	123	0.73	0.73	4.83	37
08-31-2006⁸	11.83	0.46	(0.16)	0.30	(0.38)	—	—	(0.38)	11.75	2.68^4,6	93	0.79²	0.79²	4.51²	35

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. Less than $0.005 per share. 8. The inception date for Class 1 and Class NAV shares is 10-15-05.

Large Cap Fund

CLASS 1

02-28-2010²	10.44	0.05	1.17	1.22	(0.09)	—	—	(0.09)	11.57	11.67^3,4,5	41	0.85⁶	0.85⁶	0.98⁶	27
08-31-2009	13.69	0.12	(3.13)	(3.01)	(0.24)	—	—	(0.24)	10.44	(21.66)³	21	0.86	0.86	1.33	99⁸
08-31-2008	16.12	0.18	(2.06)	(1.88)	(0.14)	(0.41)	—	(0.55)	13.69	(12.04)³	26	0.80	0.80	1.20	55
08-31-2007	14.67	0.19	1.78	1.97	(0.13)	(0.39)	—	(0.52)	16.12	13.59³	31	0.81	0.81	1.15	29
08-31-2006⁷	13.26	0.11	1.31	1.42	(0.01)	—	—	(0.01)	14.67	10.73^3,4	2	0.93⁶	0.93⁶	0.86⁶	24


CLASS NAV

02-28-2010²	10.44	0.05	1.16	1.21	(0.09)	—	—	(0.09)	11.56	11.62^3,4,5	229	0.80⁶	0.80⁶	0.96⁶	27
08-31-2009	13.70	0.13	(3.14)	(3.01)	(0.25)	—	—	(0.25)	10.44	(21.65)³	206	0.81	0.81	1.36	99⁸
08-31-2008	16.13	0.18	(2.05)	(1.87)	(0.15)	(0.41)	—	(0.56)	13.70	(11.99)³	363	0.75	0.75	1.26	55
08-31-2007	14.67	0.18	1.80	1.98	(0.13)	(0.39)	—	(0.52)	16.13	13.67³	348	0.76	0.76	1.11	29
08-31-2006⁷	13.26	0.12	1.31	1.43	(0.02)	—	—	(0.02)	14.67	10.79^3,4	192	0.88⁶	0.88⁶	0.95⁶	24

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Assumes dividend reinvestment (if applicable). 4. Not annualized. 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Annualized. 7. The inception date for Class 1 and Class NAV shares is 10-15-05. 8. The portfolio turnover rate for the year ended
August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	327

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Large Cap Value Fund

CLASS 1

02-28-2010³	16.00	0.08	1.01	1.09	(0.24)	—	—	(0.24)	16.85	6.77^4,5,6	81	0.90²	0.90²	0.99²	57
08-31-2009	21.99	0.28	(6.00)	(5.72)	(0.27)	—	—	(0.27)	16.00	(25.96)⁴	84	0.91	0.91	1.82	168⁸
08-31-2008	25.90	0.26	(3.30)	(3.04)	(0.22)	(0.65)	—	(0.87)	21.99	(12.16)⁴	109	0.88	0.88	1.08	62
08-31-2007	22.97	0.24	2.83	3.07	(0.14)	—	—	(0.14)	25.90	13.39⁴	130	0.91	0.91	0.96	63
08-31-2006⁷	20.31	0.23	2.48	2.71	(0.05)	—	—	(0.05)	22.97	13.33^4,5	105	0.98²	0.98²	1.24²	54


CLASS NAV

02-28-2010³	16.03	0.09	1.00	1.09	(0.24)	—	—	(0.24)	16.88	6.81^4,5,6	489	0.85²	0.85²	1.05²	57
08-31-2009	22.03	0.28	(5.99)	(5.71)	(0.29)	—	—	(0.29)	16.03	(25.90)⁴	433	0.86	0.86	1.80	168⁸
08-31-2008	25.95	0.28	(3.31)	(3.03)	(0.24)	(0.65)	—	(0.89)	22.03	(12.13)⁴	621	0.83	0.83	1.18	62
08-31-2007	23.01	0.26	2.82	3.08	(0.14)	—	—	(0.14)	25.95	13.42⁴	412	0.86	0.86	1.00	63
08-31-2006⁷	20.33	0.17	2.56	2.73	(0.05)	—	—	(0.05)	23.01	13.43^4,5	234	0.89²	0.89²	0.89²	54

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class 1 and Class NAV shares is 10-15-05. 8. The portfolio turnover rate for the year
ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Mid Cap Index Fund

CLASS NAV

02-28-2010³	14.53	0.10	1.83	1.93	(0.16)	—	—	(0.16)	16.30	13.34^4,5,6	569	0.49²	0.49²	1.23²	10
08-31-2009	18.37	0.17	(3.69)	(3.52)	(0.13)	(0.19)	—	(0.32)	14.53	(18.69)⁴	506	0.50	0.50	1.36	28⁹
08-31-2008	21.18	0.18	(1.05)	(0.87)	(0.26)	(1.68)	—	(1.94)	18.37	(4.61)⁴	332	0.49	0.49	0.93	48
08-31-2007	18.37	0.27⁷	2.65	2.92	(0.08)	(0.03)	—	(0.11)	21.18	15.93⁴	428	0.51	0.51	1.32⁷	64
08-31-2006⁸	16.85	0.17	1.38	1.55	(0.03)	—	—	(0.03)	18.37	9.20^4,5,6	172	0.56²	0.56²	1.14²	10

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflects
special dividends received by the Fund which amounted to the following amounts:
												Percentage of average
							Per share					net assets

Class NAV							$0.06					0.28%
8. The inception date for Class NAV shares is 10-29-05. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the
effect of certain short-term investments in a collateral management vehicle.

Mid Cap Stock Fund

CLASS 1

02-28-2010³	12.45	(0.02)	1.83	1.81	—	—	—	—	14.26	14.54^4,5,6	293	0.93²	0.93²	(0.29)²	71
08-31-2009	16.90	—⁷	(4.45)	(4.45)	—	—	—	—	12.45	(26.33)⁴	266	0.94	0.94	0.01	159¹⁰
08-31-2008	19.00	(0.03)	(0.74)	(0.77)	—	(1.33)	—	(1.33)	16.90	(4.91)⁴	379	0.93	0.93	(0.16)	125
08-31-2007	15.81	0.03⁸	3.96	3.99	(0.06)	(0.74)	—	(0.80)	19.00	25.91⁴	136	0.93	0.93	0.18⁸	114
08-31-2006⁹	13.86	(0.04)	2.01	1.97	—	(0.02)	—	(0.02)	15.81	14.20^4,5,10	107	0.96²	0.96²	(0.30)²	104


CLASS NAV

02-28-2010³	12.47	(0.02)	1.84	1.82	—⁷	—	—	—⁷	14.29	14.61^4,5,6	512	0.88²	0.88²	(0.23)²	71
08-31-2009	16.93	—⁷	(4.46)	(4.46)	—⁷	—	—	—⁷	12.47	(26.30)⁴	447	0.89	0.89	0.04	159¹⁰
08-31-2008	19.03	(0.01)	(0.76)	(0.77)	—⁷	(1.33)	—	(1.33)	16.93	(4.90)⁴	348	0.88	0.88	(0.08)	125
08-31-2007	15.83	0.03⁸	3.97	4.00	(0.06)	(0.74)	—	(0.80)	19.03	25.95⁴	366	0.88	0.88	0.19⁸	114
08-31-2006⁹	13.87	(0.04)	2.02	1.98	—	(0.02)	—	(0.02)	15.83	14.27^4,5,10	194	0.91²	0.91²	(0.26)²	104

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. Less than $0.005 per share. 8. Net investment income (loss) per share and ratio of net investment income (loss)
to average net assets reflects special dividends received by the Fund which amounted to the following amounts:
												Percentage of average
							Per share					net assets

Class 1							$0.07					0.42%
Class NAV							$0.06					0.35%
9. The inception date for Class 1 and Class NAV shares is 10-15-05. 10. The Adviser/Subadviser voluntarily paid Class 1 and Class NAV $510,149 and $847,342, respectively, for a
potential lost investment opportunity. Excluding these payments, the total return would have been 13.67% for Class 1 and 13.77% for Class NAV. 10. The portfolio turnover rate for the
year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	328

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Mid Cap Value Equity Fund

CLASS NAV

02-28-2010³	7.38	0.04	0.90	0.94	(0.08)	—	—	(0.08)	8.24	12.77^4,5,6	181	0.92²	0.92²	1.11²	25
08-31-2009	9.86	0.10	(2.30)	(2.20)	(0.08)	(0.20)	—	(0.28)	7.38	(21.56)⁴	162	0.95	0.95	1.61	37⁸
08-31-2008	11.42	0.07	(1.31)	(1.24)	(0.11)	(0.21)	—	(0.32)	9.86	(11.17)⁴	91	0.97	0.97	0.69	53
08-31-2007	9.65	0.13	1.70	1.83	(0.06)	—	—	(0.06)	11.42	18.99⁴	129	0.94	0.94	1.22	26
08-31-2006⁷	10.00	0.03	(0.38)	(0.35)	—	—	—	—	9.65	(3.50)^4,6	98	1.02²	1.02²	0.79²	24

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. The inception date for Class NAV shares is 4-28-06. 8. The portfolio turnover rate for the year ended
August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Mid Value Fund

CLASS NAV

02-28-2010²	12.61	0.05	1.39	1.44	(0.08)	(0.36)	—	(0.44)	13.61	11.37^3,4,5	336	1.05⁶	1.00⁶	0.74⁶	24
08-31-2009⁷	10.00	0.05	2.56	2.61	—	—	—	—	12.61	26.10^3,4,5	301	1.10⁶	1.05⁶	0.64⁶	30

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Assumes dividend reinvestment (if applicable). 4. Not annualized. 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Annualized. 7. The inception date for Class NAV shares is 1-2-09.

Optimized Value Fund

CLASS 1

02-28-2010⁸	9.76	0.07	0.73	0.80	(0.20)	—	—	(0.20)	10.36	8.20^3,4,5	47	0.81²	0.81²	1.40²	63
08-31-2009	12.98	0.18	(3.12)	(2.94)	(0.28)	—	—	(0.28)	9.76	(22.32)³	48	0.79	0.79	2.05	144⁹
08-31-2008	17.55	0.24	(3.32)	(3.08)	(0.27)	(1.22)	—	(1.49)	12.98	(18.77)³	69	0.73	0.73	1.63	159
08-31-2007	16.56	0.31	1.68	1.99	(0.20)	(0.80)	—	(1.00)	17.55	12.12³	106	0.74	0.74	1.75	169
08-31-2006⁶	14.09	0.22	2.31	2.53	(0.06)	—⁷	—	(0.06)	16.56	17.98^3,4	96	0.79²	0.79²	1.62²	127


CLASS NAV

02-28-2010⁸	9.77	0.07	0.73	0.80	(0.21)	—	—	(0.21)	10.36	8.14^3,4,5	275	0.76²	0.76²	1.45²	63
08-31-2009	12.98	0.19	(3.11)	(2.92)	(0.29)	—	—	(0.29)	9.77	(22.19)³	248	0.73	0.73	2.18	144⁹
08-31-2008	17.57	0.25	(3.34)	(3.09)	(0.28)	(1.22)	—	(1.50)	12.98	(18.82)³	694	0.69	0.69	1.69	159
08-31-2007	16.56	0.32	1.69	2.01	(0.20)	(0.80)	—	(1.00)	17.57	12.26³	680	0.69	0.69	1.81	169
08-31-2006⁶	14.09	0.24	2.29	2.53	(0.06)	—⁷	—	(0.06)	16.56	17.98^3,4	362	0.74²	0.74²	1.73²	127

1. Based on the average daily shares outstanding. 2. Annualized. 3. Assumes dividend reinvestment (if applicable). 4. Not annualized. 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. The inception date for Class 1 and Class NAV shares is 10-15-05. 7. Less than $0.005 per share. 8. Unaudited. 9. The portfolio
turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management
vehicle.

Real Estate Equity Fund

CLASS NAV

02-28-2010³	5.35	0.09	0.82	0.91	(0.16)	—	—	(0.16)	6.10	17.04^4,5,6	234	0.92²	0.89²	3.17²	17
08-31-2009	8.52	0.18	(3.15)	(2.97)	(0.19)	(0.01)	—	(0.20)	5.35	(34.63)^4,5	209	0.93	0.90	3.81	75⁹
08-31-2008	10.82	0.20	(1.24)	(1.04)	(0.12)	(1.14)	—	(1.26)	8.52	(9.91)^4,5	264	0.91	0.87	2.20	27
08-31-2007	10.99	0.28	(0.12)⁷	0.16	(0.17)	(0.16)	—	(0.33)	10.82	1.28^4,5	254	0.90	0.87	2.41	55
08-31-2006⁸	10.00	0.08	0.91	0.99	—	—	—	—	10.99	9.90^4,5,6	275	0.92²	0.90²	2.29²	50

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Total returns would have been lower had certain expenses not been reduced during the periods shown.
5. Assumes dividend reinvestment (if applicable). 6. Not annualized. 7. The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments
for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments of the fund. 8. The inception date for Class NAV shares is
4-28-06. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a
collateral management vehicle.

Real Estate Securities Fund

CLASS 1

02-28-2010³	8.72	0.17	1.30	1.47	(0.13)	—	—	(0.13)	10.06	16.86^4,5,6	289	0.80²	0.80²	3.60²	43
08-31-2009	13.60	0.26	(4.79)	(4.53)	(0.26)	(0.09)	—	(0.35)	8.72	(33.01)⁴	75	0.84	0.84	3.30	119⁸
08-31-2008	17.80	0.32	(1.57)	(1.25)	(0.30)	(2.65)	—	(2.95)	13.60	(7.58)⁴	113	0.82	0.82	2.18	74
08-31-2007	29.94	0.50	1.52	2.02	(0.93)	(13.23)	—	(14.16)	17.80	4.30⁴	145	0.80	0.80	2.25	87
08-31-2006⁷	23.03	0.64	6.46	7.10	(0.16)	(0.03)	—	(0.19)	29.94	30.96^4,5	171	0.82²	0.82²	2.76²	199

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class 1 shares is 10-15-05. 8. The portfolio turnover rate for the year ended August 31,
2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	329

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Real Return Bond Fund

CLASS 1

02-28-2010³	12.10	0.09	0.52	0.61	(0.25)	—	—	(0.25)	12.46	5.06^4,5,7	76	0.77²	0.77²	1.39²	153
08-31-2009	14.15	0.42	(0.55)	(0.13)	(0.42)	(1.50)	—	(1.92)	12.10	0.99⁴	60	0.79	0.79	3.59	628^6,10
08-31-2008	13.17	0.60	1.03	1.63	(0.65)	—	—	(0.65)	14.15	12.64⁴	46	0.80	0.80	4.26	992⁶
08-31-2007	13.41	0.55	(0.29)	0.26	(0.46)	(0.04)	—	(0.50)	13.17	1.97^4,7	19	0.79	0.79	4.16	197⁶
08-31-2006⁸	13.52	0.53	(0.24)	0.29	(0.40)	—⁹	—	(0.40)	13.41	2.27^4,5	17	0.80²	0.80²	4.52²	216


CLASS NAV

02-28-2010³	11.99	0.09	0.52	0.61	(0.25)	—	—	(0.25)	12.35	5.13^4,5,7	1,209	0.72²	0.72²	1.44²	153
08-31-2009	14.03	0.43	(0.55)	(0.12)	(0.42)	(1.50)	—	(1.92)	11.99	1.11⁴	1,058	0.74	0.74	3.72	628^6,10
08-31-2008	13.07	0.60	1.02	1.62	(0.66)	—	—	(0.66)	14.03	12.63⁴	819	0.75	0.75	4.30	992⁶
08-31-2007	13.32	0.59	(0.34)	0.25	(0.46)	(0.04)	—	(0.50)	13.07	1.95^4,7	951	0.74	0.74	4.53	197⁶
08-31-2006⁸	13.43	0.55	(0.26)	0.29	(0.40)	—⁹	—	(0.40)	13.32	2.32^4,5	684	0.75²	0.75²	4.75²	216

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. The Portfolio turnover rates
including the effect of “TBA” (to be announced) for the periods ended were as follows: 772% for the year ended 8-31-2009, 1,192% for the year ended 8-31-2008 and 230% for the year
ended 8-31-2007. The year ended 8-31-2006 includes the effect of TBA transactions. 7. Total returns would have been lower had certain expenses not been reduced during the periods
shown. 8. The inception date for Class 1 and Class NAV shares is 10-15-05. 9. Less than $0.005 per share. 10. The portfolio turnover rate for the year ended August 31, 2009 has been
revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Short Term Government Income Fund

CLASS NAV

02-28-2010³	10.14	0.06	0.13	0.19	(0.15)	(0.02)	—	(0.17)	10.16	1.80^4,5,6	33	0.81²	0.65²	1.11²	64
08-31-2009⁷	10.00	0.13	0.01	0.14	—	—	—	—	10.14	1.40^4,5	25	1.21²	0.65²	2.02²	177

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Not annualized. 5. Assumes dividend reinvestment (if applicable). 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class NAV shares is 1-2-09.

Small Cap Growth Fund

CLASS NAV

02-28-2010³	8.38	(0.04)	1.12	1.08	—	—	—	—	9.46	12.89^4,5,7	124	1.13²	1.13²	(0.82)²	63
08-31-2009⁶	10.00	(0.04)	(1.58)	(1.62)	—	—	—	—	8.38	(16.20)^4,7	122	1.18²	1.18²	(0.59)²	214

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Not annualized. 5. Total returns would have been lower had certain expenses not been reduced during
the periods shown. 6. The inception date for Class NAV shares is 9-9-08. 7. Assumes dividend reinvestment (if applicable).

Small Cap Index Fund

CLASS NAV

02-28-2010³	9.88	0.05	0.97	1.02	(0.13)	—	—	(0.13)	10.77	10.34^4,5,6	120	0.53²	0.53²	1.00²	7
08-31-2009	12.96	0.11	(2.95)	(2.84)	(0.09)	(0.15)	—	(0.24)	9.88	(21.60)⁴	100	0.55	0.55	1.33	96⁸
08-31-2008	17.03	0.19	(1.04)	(0.85)	(0.30)	(2.92)	—	(3.22)	12.96	(5.60)^4,5	125	0.56	0.56	1.39	86
08-31-2007	15.95	0.20	1.50	1.70	(0.13)	(0.49)	—	(0.62)	17.03	10.70^4,5	89	0.54	0.54	1.19	40
08-31-2006⁷	14.05	0.12	1.80	1.92	(0.02)	—	—	(0.02)	15.95	13.69^4,5,6	125	0.58²	0.56²	0.92²	40

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. The inception date for Class NAV shares is 10-29-05. 8. The portfolio turnover rate for the year ended
August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Small Cap Opportunities Fund

CLASS 1

02-28-2010³	15.14	(0.01)	1.74	1.73	(0.03)	—	—	(0.03)	16.84	11.40^4,5,6	47	1.12²	1.04^2,7	(0.07)²	19
08-31-2009	18.87	0.06	(3.57)	(3.51)	(0.22)	—	—	(0.22)	15.14	(18.28)^4,5	45	1.21	1.16⁷	0.49	98¹⁰
08-31-2008	23.45	0.35	(4.53)	(4.18)	(0.33)	(0.07)	—	(0.40)	18.87	(18.09)^4,5	25	1.11	1.11	1.62	81
08-31-2007	23.24	0.32	0.83	1.15	(0.31)	(0.63)	—	(0.94)	23.45	4.85^4,5	35	1.09	1.09	1.32	48
08-31-2006⁸	21.36	0.21	1.72	1.93	(0.05)	—⁹	—	(0.05)	23.24	9.04^4,5,6	30	1.10²	1.10²	1.01²	59


CLASS NAV

02-28-2010³	15.07	—⁹	1.71	1.71	(0.03)	—	—	(0.03)	16.75	11.37^4,5,6	59	1.07²	0.99^2,7	(0.01)⁷	19
08-31-2009	18.79	0.09	(3.58)	(3.49)	(0.23)	—	—	(0.23)	15.07	(18.24)^4,5	54	1.16	1.11⁷	0.68	98¹⁰
08-31-2008	23.35	0.47	(4.62)	(4.15)	(0.34)	(0.07)	—	(0.41)	18.79	(18.04)^4,5	97	1.06	1.06	1.68	81
08-31-2007	23.14	0.34	0.81	1.15	(0.31)	(0.63)	—	(0.94)	23.35	4.88^4,5	194	1.04	1.04	1.37	48
08-31-2006⁸	21.26	0.22	1.71	1.93	(0.05)	—⁹	—	(0.05)	23.14	9.09^4,5,6	217	1.05²	1.05²	1.05²	59

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. The Adviser has agreed to waive or reimburse expenses, as detailed in the accompanying notes to the financial
statements, which are subject to possible recapture by the Investment Adviser within three years of being incurred. See Note 6. 8. The inception date for Class 1 and Class NAV shares is
10-15-05. 9. Less than $0.005 per share. 10. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of
certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	330

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Small Cap Value Fund

CLASS NAV

02-28-2010³	12.50	0.04	1.70	1.74	(0.06)	(0.18)	—	(0.24)	14.00	14.00^4,5,6	90	1.14²	1.13²	0.63²	14
08-31-2009⁷	10.00	0.03	2.47	2.50	—	—	—	—	12.50	25.00^4,.6	79	1.32²	1.32²	0.33²	9

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. The inception date for Class NAV shares is 12-16-08.

Small Company Growth Fund

CLASS NAV

02-28-2010²	9.51	—⁴	1.00	1.00	(0.01)	—	—	(0.01)	10.50	10.52^5,6,7	141	1.11³	1.11³	(0.08)³	16
08-31-2009	11.95	(0.02)	(2.42)	(2.44)	—	—	—	—	9.51	(20.42)⁶	122	1.13	1.13	(0.24)	58⁹
08-31-2008	13.09	(0.07)	(0.77)	(0.84)	—	(0.30)	—	(0.30)	11.95	(6.57)⁶	169	1.10	1.10	(0.54)	38
08-31-2007	11.09	(0.09)	2.29	2.20	—	(0.20)	—	(0.20)	13.09	20.04⁶	208	1.11	1.11	(0.68)	39
08-31-2006⁸	10.00	(0.08)	1.17	1.09	—	—	—	—	11.09	10.90^5,6	74	1.16³	1.16³	(0.83)³	49

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Annualized. 4. Less than $0.005 per share. 5. Not annualized. 6. Assumes dividend reinvestment (if applicable).
7. Total returns would have been lower had certain expenses not been reduced during the periods shown. 8. The inception date for Class NAV shares is 10-29-05. 9. The portfolio turnover
rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Small Company Value Fund

CLASS 1

02-28-2010³	19.71	0.05	1.82	1.87	(0.19)	—	—	(0.19)	21.39	9.49^4,5,6	106	1.13²	1.08²	0.47²	11
08-31-2009	24.91	0.13	(4.83)	(4.70)	(0.13)	(0.37)	—	(0.50)	19.71	(18.47)^4,5	101	1.13	1.08	0.77	23⁸
08-31-2008	25.81	0.13	0.12	0.25	(0.04)	(1.11)	—	(1.15)	24.91	1.15^4,5	134	1.12	1.07	0.52	22
08-31-2007	23.66	0.05	2.54	2.59	(0.07)	(0.37)	—	(0.44)	25.81	10.98^4,5	144	1.11	1.06	0.20	18
08-31-2006⁷	21.09	0.10	2.52	2.62	(0.05)	—	—	(0.05)	23.66	12.41^4,5,6	149	1.12²	1.10²	0.46²	12


CLASS NAV

02-28-2010³	19.69	0.05	1.82	1.87	(0.19)	—	—	(0.19)	21.37	9.54^4,5,6	292	1.08²	1.03²	0.52²	11
08-31-2009	24.89	0.14	(4.83)	(4.69)	(0.14)	(0.37)	—	(0.51)	19.69	(18.43)^4,5	262	1.08	1.03	0.84	23⁸
08-31-2008	25.79	0.14	0.12	0.26	(0.05)	(1.11)	—	(1.16)	24.89	1.20^4,5	418	1.07	1.02	0.58	22
08-31-2007	23.63	0.06	2.54	2.60	(0.07)	(0.37)	—	(0.44)	25.79	11.04^4,5	319	1.06	1.01	0.25	18
08-31-2006⁷	21.06	0.11	2.51	2.62	(0.05)	—	—	(0.05)	23.63	12.44^4,5,6	239	1.07²	1.05²	0.53²	12

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. The inception date for Class 1 and Class NAV shares is 10-15-05. 8. The portfolio turnover rate for the year
ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Smaller Company Growth Fund

CLASS NAV

02-28-2010²	10.38	(0.01)	1.21	1.20	—	—	—	—	11.58	11.56^4,5,7	180	1.11³	1.00³	(0.27)³	43
08-31-2009⁶	10.00	(0.04)	0.42	0.38	—	—	—	—	10.38	3.80^4,5,7	158	1.29³	1.17³	(0.47)³	69⁸

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Annualized. 4. Not annualized. 5. Total returns would have been lower had certain expenses not been reduced during
the periods shown. 6. The inception date for Class NAV shares is 10-7-08. 7. Assumes dividend reinvestment (if applicable). 8. The portfolio turnover rate for the year ended August 31,
2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Spectrum Income Fund

CLASS NAV

02-28-2010³	10.00	0.24	0.35	0.59	(0.27)	—	—	(0.27)	10.32	5.99^4,5,6	844	0.79²	0.77²	4.68²	44⁷
08-31-2009	10.09	0.48	0.03	0.51	(0.53)	(0.07)	—	(0.60)	10.00	5.85^4,5	901	0.83	0.81	5.27	73^7,9
08-31-2008	10.51	0.48	(0.26)	0.22	(0.50)	(0.14)	—	(0.64)	10.09	2.06^4,5	1,065	0.86	0.83	4.62	67⁷
08-31-2007	10.27	0.47	0.24	0.71	(0.45)	(0.02)	—	(0.47)	10.51	7.00^4,5	979	0.88	0.86	4.46	73⁷
08-31-2006⁸	10.00	0.35	0.19	0.54	(0.27)	—	—	(0.27)	10.27	5.47^4,5,6	764	0.94²	0.93²	4.15²	123

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Total returns would have been lower had certain expenses not been reduced during the periods shown.
5. Assumes dividend reinvestment (if applicable). 6. Not annualized. 7. The Portfolio turnover rates including the effect of “TBA” (to be announced) for the periods ended were as follows:
61% for the period ended 2-28-2010, 111% for the year ended 8-31-2009, 114% for the year ended 8-31-2008 and 110% for the year ended 8-31-2007. 8. The inception date for Class
NAV shares is 10-29-05. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term
investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	331

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Strategic Bond Fund

CLASS 1

02-28-2010³	10.30	0.24	0.70	0.94	(0.58)	—	—	(0.58)	10.66	9.39^4,5,6	47	0.78²	0.78²	4.56²	70⁷
08-31-2009	10.47	0.57	(0.17)	0.40	(0.57)	—	—	(0.57)	10.30	4.55⁴	40	0.79	0.79	6.08	69⁷
08-31-2008	11.56	0.71	(1.12)	(0.41)	(0.68)	—	—	(0.68)	10.47	(3.74)⁴	38	0.80	0.80	6.32	154⁷
08-31-2007	11.79	0.65	(0.25)	0.40	(0.63)	—⁸	—	(0.63)	11.56	3.36⁴	45	0.81	0.81	5.47	91⁷
08-31-2006⁹	11.85	0.51	(0.04)	0.47	(0.53)	—⁸	—	(0.53)	11.79	4.18^4,5	42	0.82²	0.82²	4.88²	192⁷


CLASS NAV

02-28-2010³	10.27	0.24	0.71	0.95	(0.58)	—	—	(0.58)	10.64	9.55^4,5,6	214	0.73²	0.73²	4.57²	70⁷
08-31-2009	10.45	0.57	(0.18)	0.39	(0.57)	—	—	(0.57)	10.27	4.52⁴	458	0.74	0.74	6.13	69⁷
08-31-2008	11.54	0.71	(1.12)	(0.41)	(0.68)	—	—	(0.68)	10.45	(3.70)⁴	470	0.75	0.75	6.41	154⁷
08-31-2007	11.77	0.65	(0.24)	0.41	(0.64)	—⁸	—	(0.64)	11.54	3.44⁴	424	0.76	0.76	5.54	91⁷
08-31-2006⁹	11.83	0.51	(0.04)	0.47	(0.53)	—⁸	—	(0.53)	11.77	4.22^4,5	270	0.77²	0.77²	4.88²	192⁷

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The Portfolio turnover rates including the effect of “TBA” (to be announced) for the periods ended were as
follows: 191% for the period ended 2-28-10, 256% for the year ended 8-31-09, 394% for the year ended 8-31-08 and 442% for the year ended 8-31-07. The year ended 8-31-06 includes
the effect of TBA transactions. 8. Less than $0.005 per share. 9. The inception date for Class 1 and Class NAV shares is 10-15-05.

Total Bond Market Fund

CLASS NAV

02-28-2010³	10.42	0.19	0.09	0.28	(0.20)	(0.16)	—	(0.36)	10.34	2.70^4,5,6	579	0.52²	0.52²	3.65²	7
08-31-2009	10.07	0.39	0.34	0.73	(0.37)	(0.01)	—	(0.38)	10.42	7.43⁴	447	0.53	0.53	3.82	91
08-31-2008	10.02	0.46	0.08	0.54	(0.49)	—	—	(0.49)	10.07	5.54^4,5	60	0.61	0.57	4.56	97
08-31-2007⁷	10.00	0.40	(0.05)	0.35	(0.33)	—	—	(0.33)	10.02	3.54^4,5,6	54	0.62²	0.56²	4.66²	101

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. The inception date for Class NAV shares is 10-27-06.

Total Return Fund

CLASS 1

02-28-2010³	14.02	0.15	0.61	0.76	(0.42)	(0.17)	—	(0.59)	14.19	5.53^4,5,6	280	0.77²	0.77²	2.12²	129⁷
08-31-2009	14.11	0.50	1.05	1.55	(0.67)	(0.97)	—	(1.64)	14.02	12.65⁴	234	0.78	0.78	3.81	289^7,11
08-31-2008	13.79	0.61	0.44	1.05	(0.68)	(0.05)	—	(0.73)	14.11	7.78^4,5	160	0.79	0.79	4.32	121⁷
08-31-2007	13.78	0.64	(0.06)	0.58	(0.54)	(0.03)	—	(0.57)	13.79	4.26⁴	126	0.83^8,9	0.83^8,9	4.67	349⁷
08-31-2006¹⁰	13.70	0.46	(0.04)	0.42	(0.34)	—	—	(0.34)	13.78	3.14^4,6	118	0.82²	0.82²	3.85²	398


CLASS NAV

02-28-2010³	13.99	0.15	0.60	0.75	(0.42)	(0.17)	—	(0.59)	14.15	5.50^4,5,6	1,789	0.72²	0.72²	2.17²	129⁷
08-31-2009	14.08	0.52	1.04	1.56	(0.68)	(0.97)	—	(1.65)	13.99	12.75⁴	1,547	0.73	0.73	3.91	289^7,11
08-31-2008	13.75	0.62	0.45	1.07	(0.69)	(0.05)	—	(0.74)	14.08	7.93^4,5	1,680	0.74	0.74	4.37	121⁷
08-31-2007	13.75	0.65	(0.08)	0.57	(0.54)	(0.03)	—	(0.57)	13.75	4.26⁴	1,400	0.78^8,9	0.78^8,9	4.77	349⁷
08-31-2006¹⁰	13.67	0.47	(0.05)	0.42	(0.34)	—	—	(0.34)	13.75	3.18^4,6	1,041	0.77²	0.77²	3.95²	398

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. The Portfolio turnover rates including the effect of “TBA” (to be announced) for the periods ended were as
follows: 290% for the period ended 2-28-2010, 832% for the year ended 8-31-2009, 440% for the year ended 8-31-2008 and 443% for the year ended 8-31-2007. 8. Includes interest
expense on securities sold short. Excluding interest expense the ratio for Class 1 and Class NAV would have been 0.81% and 0.76%, respectively. 9. Includes interest and fees on inverse
floaters. Excluding this expense the ratio for Class 1 and Class NAV would have been 0.82% and 0.77%, respectively. 10. The inception date for Class 1 and Class NAV shares is 10-15-05.
11. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral
management vehicle.


The accompanying notes are an integral part of the financial statements.	332

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


U.S. Government Securities Fund

CLASS 1

02-28-2010³	12.14	0.10	0.52	0.62	(0.21)	(0.20)	—	(0.41)	12.35	5.17^4,5	48	0.74²	0.74²	1.60²	57⁶
08-31-2009	12.67	0.34	0.49	0.83	(0.42)	(0.94)	—	(1.36)	12.14	7.27⁴	47	0.76	0.76	2.84	93^6,9
08-31-2008	13.43	0.51	(0.72)	(0.21)	(0.55)	—	—	(0.55)	12.67	(1.67)⁴	41	0.77	0.77	3.86	50⁶
08-31-2007	13.59	0.62	(0.14)	0.48	(0.62)	(0.02)	—	(0.64)	13.43	3.62⁴	43	0.76	0.76	4.54	59⁶
08-31-2006⁷	13.54	0.44	(0.07)	0.37	(0.32)	—⁸	—	(0.32)	13.59	2.87^4,5	43	0.78²	0.78²	3.67²	100


CLASS NAV

02-28-2010³	12.11	0.10	0.51	0.61	(0.21)	(0.20)	—	(0.41)	12.31	5.12^4,5	107	0.69²	0.69²	1.62²	57⁶
08-31-2009	12.64	0.35	0.48	0.83	(0.42)	(0.94)	—	(1.36)	12.11	7.35⁴	94	0.71	0.71	2.93	93^6,9
08-31-2008	13.40	0.51	(0.71)	(0.20)	(0.56)	—	—	(0.56)	12.64	(1.62)⁴	159	0.72	0.72	3.90	50⁶
08-31-2007	13.56	0.62	(0.13)	0.49	(0.63)	(0.02)	—	(0.65)	13.40	3.69⁴	154	0.71	0.71	4.58	59⁶
08-31-2006⁷	13.51	0.44	(0.06)	0.38	(0.33)	—⁸	—	(0.33)	13.56	2.91^4,5	161	0.73²	0.73²	3.75²	100

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. The Portfolio turnover rates
including the effect of “TBA” (to be announced) for the periods ended were as follows: 139% for the period ended 2-28-10, 389% for the year ended 8-31-2009, 575% for the year ended
8-31-2008 and 739% for the year ended 8-31-2007. The year ended 8-31-2006 excludes the effect of TBA transactions. 7. The inception date for Class 1 and Class NAV shares is
10-15-05. 8. Less than $0.01 per share. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the effect of certain
short-term investments in a collateral management vehicle.

U.S. High Yield Bond Fund

CLASS 1

02-28-2010²	11.74	0.48	0.76	1.24	(0.53)	—	—	(0.53)	12.45	10.75^4,5,6	44	0.81³	0.81³	7.89³	33
08-31-2009	12.09	1.01	(0.44)	0.57	(0.92)	—	—	(0.92)	11.74	6.40⁴	34	0.82	0.82	9.59	48
08-31-2008	12.87	0.92	(0.76)	0.16	(0.94)	—⁷	—	(0.94)	12.09	1.25⁴	6	0.82	0.82	7.43	59
08-31-2007	13.05	0.95	(0.18)	0.77	(0.95)	—⁷	—	(0.95)	12.87	5.94⁴	4	0.84	0.84	7.25	86
08-31-2006⁸	12.74	0.80	0.02	0.82	(0.51)	—	—	(0.51)	13.05	6.55^4,5	2	0.87³	0.87³	7.12³	108


CLASS NAV

02-28-2010²	11.74	0.48	0.75	1.23	(0.53)	—	—	(0.53)	12.44	10.69^4,5,6	708	0.76³	0.76³	7.90³	33
08-31-2009	12.09	0.99	(0.41)	0.58	(0.93)	—	—	(0.93)	11.74	6.46⁴	743	0.77	0.77	9.56	48
08-31-2008	12.87	0.93	(0.77)	0.16	(0.94)	—⁷	—	(0.94)	12.09	1.31⁴	523	0.77	0.77	7.48	59
08-31-2007	13.05	0.96	(0.18)	0.78	(0.96)	—⁷	—	(0.96)	12.87	6.02⁴	392	0.79	0.79	7.31	86
08-31-2006⁸	12.74	0.80	0.02	0.82	(0.51)	—	—	(0.51)	13.05	6.58^4,5	288	0.82³	0.82³	7.06³	108

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Annualized. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. Less than $0.005 per share. 8. The inception date for Class 1 and Class NAV shares is 10-15-05.

U.S. Multi Sector Fund

CLASS NAV

02-28-2010³	8.25	0.06	0.63	0.69	(0.12)	—	—	(0.12)	8.82	8.31^4,5,6	975	0.79²	0.79²	1.28²	19
08-31-2009	9.65	0.13	(1.33)	(1.20)	(0.20)	—	—	(0.20)	8.25	(12.22)⁴	870	0.81	0.81	1.72	67⁸
08-31-2008	11.29	0.13	(1.28)	(1.15)	(0.14)	(0.35)	—	(0.49)	9.65	(10.64)⁴	904	0.79	0.79	1.25	84
08-31-2007	10.41	0.13	0.90	1.03	(0.10)	(0.05)	—	(0.15)	11.29	9.93⁴	1,524	0.80	0.80	1.19	72
08-31-2006⁷	10.00	0.09	0.33	0.42	(0.01)	—	—	(0.01)	10.41	4.25^4,5	1,227	0.82²	0.82²	1.01²	116

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Not annualized. 6. Total returns would have been
lower had certain expenses not been reduced during the periods shown. 7. The inception date for Class NAV shares is 10-29-05. 8. The portfolio turnover rate for the year ended
August 31, 2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.

Value Fund

CLASS NAV

02-28-2010²	7.77	0.04	1.06	1.10	(0.07)	—	—	(0.07)	8.80	14.13^3,4,5	132	0.80⁶	0.80⁶	1.07⁶	28
08-31-2009	9.53	0.08	(1.77)	(1.69)	(0.07)	—	—	(0.07)	7.77	(17.56)³	122	0.87	0.87	1.24	59⁸
08-31-2008	11.43	0.08	(1.20)	(1.12)	(0.06)	(0.72)	—	(0.78)	9.53	(10.48)^3,4	26	1.08	0.99	0.79	76
08-31-2007⁷	10.00	0.08	1.36	1.44	(0.01)	—	—	(0.01)	11.43	14.45^3,4,5	14	1.40⁶	0.99⁶	0.88⁶	70

1. Based on the average daily shares outstanding. 2. Unaudited. 3. Assumes dividend reinvestment (if applicable). 4. Total returns would have been lower had certain expenses not been
reduced during the periods shown. 5. Not annualized. 6. Annualized. 7. The inception date for Class NAV shares is 10-27-06. 8. The portfolio turnover rate for the year ended August 31,
2009 has been revised to what was previously reported to exclude the effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	333

John Hancock Funds II

Financial Highlights


Per share operating performance for a share outstanding throughout the period											Ratios and supplemental data

		Income (loss) from
		investment operations			Less distributions						Ratios to average net assets

			Net real-									Expenses	Expenses
			ized and								Net	before	including
	Net asset	Net	unrealized	Total from					Net asset		assets,	reductions	reductions
	value,	investment	gain (loss)	investment	From net	From net	From	Total	value,	Total	end of	and	and	Net	Portfolio
	beginning	income	on invest-	oper-	investment	realized	capital	distri-	end of	return	period	amounts	amounts	investment	turnover
Period ended	of period ($)	(loss) ($)¹	ments ($)	ations ($)	income ($)	gain ($)	paid-in ($)	butions ($)	period ($)	(%)	(in millions)	recaptured	recaptured	income	(%)


Value & Restructuring Fund

CLASS NAV

02-28-2010³	8.69	0.05	1.06	1.11	(0.13)	—	—	(0.13)	9.67	12.74^4,5,6	579	0.85²	0.85²	1.07²	10
08-31-2009	11.98	0.14	(3.31)	(3.17)	(0.12)	—	—	(0.12)	8.69	(26.21)⁴	514	0.87	0.87	1.82	29⁹
08-31-2008	12.92	0.14	(0.85)	(0.71)	(0.19)	(0.04)	—	(0.23)	11.98	(5.68)⁴	568	0.86	0.86	1.10	14
08-31-2007	11.08	0.18⁷	1.82	2.00	(0.12)	(0.04)	—	(0.16)	12.92	18.12⁴	395	0.86	0.86	1.40⁷	19
08-31-2006⁸	10.00	0.12	0.99	1.11	(0.03)	—	—	(0.03)	11.08	11.07^4,6	296	0.92²	0.92²	1.33²	17

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Assumes dividend reinvestment (if applicable). 5. Total returns would have been lower had certain
expenses not been reduced during the periods shown. 6. Not annualized. 7. Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflects
special dividends received by the Fund which amounted to the following amounts:
													Percentage of average
Fund								Class		Per Share			net assets

Value & Restructuring								NAV		$0.04			0.31%
8. The inception date for Class NAV shares is 10-29-05. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the
effect of certain short-term investments in a collateral management vehicle.

Vista Fund

CLASS NAV

02-28-2010³	6.74	(0.01)	0.71	0.70	—	—	—	—	7.44	10.39^4,5,6	260	0.93²	0.93²	(0.39)²	72
08-31-2009	12.55	(0.02)	(4.32)	(4.34)	(0.02)	(1.45)	—	(1.47)	6.74	(33.26)⁶	223	0.98	0.98	(0.31)	189⁹
08-31-2008	14.37	(0.07)	(0.64)	(0.71)	—	(1.11)	—	(1.11)	12.55	(6.15)⁶	114	0.98	0.98	(0.52)	154
08-31-2007	10.70	(0.06)⁷	3.73	3.67	—	—	—	—	14.37	34.30⁶	170	0.97	0.97	(0.48)⁷	152
08-31-2006⁸	10.00	(0.01)	0.71	0.70	—	—	—	—	10.70	7.00^4,6	123	1.04²	1.04²	(0.15)²	205

1. Based on the average daily shares outstanding. 2. Annualized. 3. Unaudited. 4. Not annualized. 5. Total returns would have been lower had certain expenses not been reduced during
the periods shown. 6. Assumes dividend reinvestment (if applicable). 7. Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflects
special dividends received by the Fund which amounted to the following amounts:
													Percentage of average
Fund								Class		Per shares			net assets

Vista								NAV		$0.02			0.14%
8. The inception date for Class NAV shares is 10-29-05. 9. The portfolio turnover rate for the year ended August 31, 2009 has been revised to what was previously reported to exclude the
effect of certain short-term investments in a collateral management vehicle.


The accompanying notes are an integral part of the financial statements.	334

John Hancock Funds II

Notes to Financial Statements (Unaudited)

1. ORGANIZATION John Hancock Funds II (the Trust) is an open-end management investment company organized as a Massachusetts business trust. It is a series company with multiple investment series (the Funds), fifty-eight of which are presented in this report. Each Fund, with the exception of Global Agribusiness Fund, Global Bond Fund, Global Infrastructure Fund, Global Real Estate Fund, Global Timber Fund, Real Estate Equity Fund, Real Estate Securities Fund, Real Return Bond Fund and U.S. Multi Sector Fund, is diversified for purposes of the Investment Company Act of 1940, as amended (the 1940 Act).

The Funds may offer multiple classes of shares. The shares currently offered by the Trust are detailed in the Statements of Assets and Liabilities. Class Asharesareopen to all investors. Class I shares are offered to institutions and certain investors. Class 1 shares are offered only to certain affiliates of Manulife Financial Corporation (MFC). Class NAV shares are offered to the John Hancock Lifestyle and Lifecycle Funds and other affiliated John Hancock funds. The Lifestyle and Lifecycle Funds are series of the Trust and operate as “funds of funds” that invest in Class NAV shares of underlying funds of the Trust, John Hancock Funds (JHF), John Hancock Funds III (JHF III) and also in other affiliated funds of the John Hancock funds complex. The Funds may also invest in unaffiliated underlying funds and other permitted security investments . Shareholders of each class have exclusive voting rights to matters that affect that class. The distributio n and service fees and transfer agent fees for each class may differ.

Effective October 1, 2009, Core Diversified Growth & Income Portfolio, Core Fundamental Holdings Portfolio and Core Global Diversification Portfolio changed their names from American Diversified Growth & Income Portfolio, American Fundamental Holdings Portfolio and American Global Diversification Portfolio, respectively. In addition, effective October 23, 2009, Emerging Small Company Fund was liquidated and effective December 11, 2009, Class A, Class B, Class C and Class I shares of Optimized Value Fund were liquidated.

2. SIGNIFICANT ACCOUNTING POLICIES The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:

Security Valuation Investments are stated at value as of the close of the regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. The Funds use a three-tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes 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 techniques are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes significant unobservable inputs when market prices are not rea dily available or reliable, including the Funds’ own assumptions in determining the fair value of investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the values by input classification of the Funds’ investments as of February 28, 2010, by major security category or type.


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Active Bond Fund
U.S. Government & Agency Obligations	$195,595,617	—	$195,054,156	$541,461
Foreign Government Obligations	161,995	—	161,995	—
Corporate Bonds	338,187,454	—	336,953,404	1,234,050
Municipal Bonds	1,900,898	—	1,900,898	—
Collateralized Mortgage Obligations	90,656,007	—	85,981,107	4,674,900
Asset Backed Securities	15,420,997	—	10,369,246	5,051,751
Supranational Obligations	262,114	—	262,114	—
Preferred Stocks	2,853,046	$917,868	1,935,178	—
Convertible Bonds	344,375	—	344,375	—
Term Loans	123,399	—	123,399	—
Short-Term Investments	23,365,901	—	23,365,901	—

Total Investments in Securities	$668,871,803	$917,868	$656,451,773	$11,502,162
Other Financial Instruments	($33,171)	($33,171)	—	—
Totals	$668,838,632	$884,697	$656,451,773	$11,502,162

335

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

All Cap Core Fund
Common Stocks
Consumer Discretionary	$63,760,259	$63,760,259	—	—
Consumer Staples	52,366,512	52,366,512	—	—
Energy	49,139,094	49,139,094	—	—
Financials	79,310,580	79,310,580	—	—
Health Care	68,556,357	68,556,357	—	—
Industrials	51,954,837	51,954,837	—	—
Information Technology	96,166,473	96,166,473	—	—
Materials	22,730,217	22,730,217	—	—
Telecommunication Services	12,875,336	12,875,336	—	—
Utilities	14,477,776	14,477,776	—	—
Short-Term Investments	57,595,821	47,119,933	$10,475,888	—

Total Investments in Securities	$568,933,262	$558,457,374	$10,475,888	—
Other Financial Instruments	($6,536)	($6,536)	—	—
Totals	$568,926,726	$558,450,838	$10,475,888	—

All Cap Growth Fund
Common Stocks
Consumer Discretionary	$14,213,403	$14,213,403	—	—
Consumer Staples	4,454,492	4,454,492	—	—
Energy	6,676,648	6,676,648	—	—
Financials	6,356,420	6,356,420	—	—
Health Care	17,799,348	17,799,348	—	—
Industrials	4,654,881	4,654,881	—	—
Information Technology	32,778,808	32,778,808	—	—
Materials	1,281,394	1,281,394	—	—
Short-Term Investments	621,369	—	$621,369	—

Total Investments in Securities	$88,836,763	$88,215,394	$621,369	—

All Cap Value Fund
Common Stocks
Consumer Discretionary	$42,332,219	$42,332,219	—	—
Consumer Staples	6,352,768	6,352,768	—	—
Energy	60,503,226	60,503,226	—	—
Financials	68,709,525	68,709,525	—	—
Health Care	80,138,268	80,138,268	—	—
Industrials	51,230,956	51,230,956	—	—
Information Technology	50,759,247	50,759,247	—	—
Materials	18,954,499	18,954,499	—	—
Utilities	3,414,243	3,414,243	—	—
Short-Term Investments	73,113,959	67,907,959	$5,206,000	—

Total Investments in Securities	$455,508,910	$450,302,910	$5,206,000	—

336

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Alpha Opportunities Fund
Common Stocks
Consumer Discretionary	$120,758,373	$117,314,616	$3,443,757	—
Consumer Staples	34,281,654	31,429,877	2,851,777	—
Energy	56,593,189	48,337,824	8,255,365	—
Financials	94,435,889	89,149,129	5,286,760	—
Health Care	97,140,705	91,370,041	5,770,664	—
Industrials	109,403,393	103,562,784	5,840,609	—
Information Technology	146,165,753	140,826,950	5,338,803	—
Materials	39,067,194	25,368,124	13,699,070	—
Telecommunication Services	5,144,326	3,919,907	1,224,419	—
Utilities	2,743,903	2,743,903	—	—
Preferred Stocks	1,450,643	—	1,450,643	—
Investment Companies	11,952,135	11,952,135	—	—
Short-Term Investments	124,745,082	89,645,082	35,100,000	—

Total Investments in Securities	$843,882,239	$755,620,372	$88,261,867	—
Other Financial Instruments	($84,243)	—	($84,243)	—
Totals	$843,797,996	$755,620,372	$88,177,624	—

Alternative Asset Allocation Fund
Investment Companies	$1,360,019	$1,360,019	—	—

Total Investments in securities	$1,360,019	$1,360,019	—	—

Blue Chip Growth Fund
Common Stocks
Consumer Discretionary	$331,507,531	$329,094,591	$2,412,940	—
Consumer Staples	42,806,896	42,806,896	—	—
Energy	118,609,837	118,609,837	—	—
Financials	283,239,255	281,943,680	1,295,575	—
Health Care	271,701,633	271,701,633	—	—
Industrials	164,777,952	164,777,952	—	—
Information Technology	604,141,660	580,949,112	23,192,548	—
Materials	38,461,405	38,461,405	—	—
Telecommunication Services	34,352,480	34,352,480	—	—
Short-Term Investments	198,262,211	185,402,134	12,860,077	—

Total Investments in Securities	$2,087,860,860	$2,048,099,720	$39,761,140	—

Capital Appreciation Fund
Common Stocks
Consumer Discretionary	$215,280,916	$215,280,916	—	—
Consumer Staples	67,481,322	46,746,186	$20,735,136	—
Energy	102,457,750	102,457,750	—	—
Financials	95,909,601	95,909,601	—	—
Health Care	264,817,727	264,817,727	—	—
Industrials	70,861,901	70,861,901	—	—
Information Technology	502,565,508	492,604,894	9,960,614	—
Materials	19,406,725	19,406,725	—	—
Short-Term Investments	217,768,438	167,227,555	50,540,883	—

Total Investments in Securities	$1,556,549,888	$1,475,313,255	$81,236,633	—

337

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Core Bond Fund
U.S. Government & Agency Obligations	$267,869,683	—	$267,869,683	—
Foreign Government Obligations	11,196,524	—	11,196,524	—
Corporate Bonds	102,569,847	—	102,569,847	—
Municipal Bonds	2,352,940	—	2,352,940	—
Collateralized Mortgage Obligations	101,297,691	—	99,836,044	$1,461,647
Asset Backed Securities	27,979,083	—	26,847,755	1,131,328
Supranational Obligations	1,747,980	—	1,747,980	—
Short-Term Investments	23,287,126	—	23,287,126	—

Total Investments in Securities	$538,300,874	—	$535,707,899	$2,592,975
Securities Sold Short	($24,136,875)	—	($24,136,875)	—
Totals	$514,163,999	—	$511,571,024	$2,592,975

Core Diversified Growth & Income Portfolio
Investment Companies	$19,828,230	$19,828,230	—	—

Total Investments in Securities	$19,828,230	$19,828,230	—	—

Core Fundamental Holdings Portfolio
Investment Companies	10,543,346	10,543,346	—	—

Total Investments in Securities	$10,543,346	$10,543,346	—	—

Core Global Diversification Portfolio
Investment Companies	$17,332,639	$17,332,639	—	—

Total Investments in Securities	$17,332,639	$17,332,639	—	—

Emerging Markets Debt Fund
Foreign Government Obligations
Argentina	$185,000	—	$185,000	—
Brazil	655,375	—	655,375	—
Colombia	293,750	—	293,750	—
Indonesia	743,000	—	743,000	—
Mexico	302,100	—	302,100	—
Panama	286,875	—	286,875	—
Peru	290,000	—	290,000	—
Philippines	856,875	—	856,875	—
Poland	268,500	—	268,500	—
Russia	266,255	—	266,255	—
South Africa	275,625	—	275,625	—
Turkey	832,501	—	832,501	—
Ukraine	212,500	—	212,500	—
Uruguay	288,750	—	288,750	—
Venezuela	186,875	—	186,875	—
Corporate Bonds
Bermuda	490,938	—	490,938	—
Brazil	766,250	—	766,250	—
Cayman Islands	2,065,311	—	2,065,311	—
Indonesia	257,500	—	257,500	—
Luxembourg	526,250	—	526,250	—
Malaysia	309,422	—	309,422	—
Mexico	1,252,301	—	1,252,301	—
Netherlands	566,455	—	566,455	—
Peru	343,000	—	343,000	—
Philippines	224,500	—	224,500	—
United States	481,626	—	481,626	—
Venezuela	459,750	—	459,750	—
Preferred Stocks
United States	26,915	$26,915	—	—
Short-Term Investments	1,600,000	—	1,600,000	—

Total Investments in Securities	$15,314,199	$26,915	$15,287,284	—
Other Financial Instruments	($8,886)	($7,839)	($1,047)
Totals	$15,305,313	$19,076	$15,286,237

338

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Emerging Markets Value Fund
Common Stocks
Bermuda	$1,164,788	—	$1,164,788	—
Brazil	100,849,886	$100,849,886	—	—
Chile	50,430,072	50,430,072	—	—
China	60,534,437	1,879,946	58,654,491	—
Czech Republic	3,705,517	—	3,705,517	—
Hong Kong	78,589,638	3,818,946	74,678,829	$91,863
Hungary	1,196,738	—	1,196,738	—
India	149,932,042	37,504,246	112,410,259	17,537
Indonesia	30,937,202	—	30,937,202	—
Israel	28,659,597	449,139	28,210,458	—
Malaysia	44,208,722	24,865	44,183,857	—
Mexico	71,051,341	71,051,341	—	—
Philippines	7,932,865	—	7,932,865	—
Poland	21,874,480	—	21,874,480	—
Russia	32,617,381	1,366,448	31,250,933	—
South Africa	116,727,259	20,624,744	96,102,515	—
South Korea	140,713,070	26,638,468	114,074,602	—
Taiwan	134,311,718	12,602,091	121,709,627	—
Thailand	20,137,285	—	20,137,285	—
Turkey	28,961,618	—	28,961,618	—
Preferred Stocks
Brazil	41,653,654	41,653,654	—	—
Malaysia	148,520	—	148,520	—
Rights
Chile	36,468	—	36,468	—
Malaysia	1	—	1	—
Poland	142,288	—	142,288	—
Warrants
Malaysia	43,719	43,719	—	—
Thailand	10,833	10,833	—	—
Short-Term Investments	99,738,139	85,063,807	14,674,332	—

Total Investments in Securities	$1,266,309,278	$454,012,205	$812,187,673	$109,400

Equity-Income Fund
Common Stocks
Consumer Discretionary	$132,043,752	$129,258,193	$2,785,559	—
Consumer Staples	32,729,277	32,729,277	—	—
Energy	114,434,874	114,434,874	—	—
Financials	179,119,218	178,842,393	276,825	—
Health Care	42,088,445	42,088,445	—	—
Industrials	117,024,250	117,024,250	—	—
Information Technology	52,330,489	52,330,489	—	—
Materials	51,107,418	51,107,418	—	—
Telecommunication Services	34,649,002	31,326,565	3,322,437	—
Utilities	65,710,866	65,710,866	—	—
Convertible Bonds	1,380,203	—	1,380,203	—
Short-Term Investments	127,997,090	87,563,364	40,433,726	—

Total Investments in Securities	$950,614,884	$902,416,134	$48,198,750	—

339

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Fundamental Value Fund
Common Stocks
Consumer Discretionary	$103,162,263	$100,395,981	$2,766,282	—
Consumer Staples	218,820,830	201,230,120	17,590,710	—
Energy	244,975,153	233,691,752	11,283,401	—
Financials	461,210,807	423,817,270	37,393,537	—
Health Care	162,280,346	162,280,346	—	—
Industrials	87,290,863	55,059,742	32,231,121	—
Information Technology	122,769,264	122,769,264	—	—
Materials	85,871,993	71,101,630	14,770,363	—
Corporate Bonds
Consumer Discretionary	8,985,753	—	8,985,753	—
Materials	5,691,800	—	5,691,800	—
Convertible Bonds
Materials	2,751,816	—	2,751,816	—
Short-Term Investments	126,899,155	72,091,344	54,807,811	—

Total Investments in Securities	$1,630,710,043	$1,442,437,449	$188,272,594	—

Global Agribusiness Fund
Common Stocks
Australia	$25,818	—	$25,818	—
Canada	543,107	$543,107	—	—
Germany	29,288	—	29,288	—
Italy	10,090	—	10,090	—
Japan	12,034	—	12,034	—
Malaysia	11,896	—	11,896	—
Norway	74,700	74,700	—	—
Singapore	258,195	—	258,195	—
Switzerland	410,942	336,313	74,629	—
United Kingdom	108,928	108,928	—	—
United States	918,761	918,761	—	—
Warrants	726	726	—	—

Total Investments in Securities	$2,404,485	$1,982,535	$421,950	—

Global Bond Fund
U.S. Government & Agency Obligations	$16,010,503	—	$16,010,503	—
Foreign Government Obligations	325,210,692	—	325,210,692	—
Corporate Bonds	252,102,324	—	249,322,469	$2,779,855
Municipal Bonds	5,350,299	—	5,350,299	—
Collateralized Mortgage Obligations	87,925,845	—	87,925,845	—
Asset Backed Securities	11,763,838	—	9,993,693	1,770,145
Term Loans	2,605,799	—	2,605,799	—
Preferred Stocks	1,353,952	$103,850	1,250,102	—
Short-Term Investments	34,832,997	—	34,832,997	—

Total Investments in Securities	$737,156,249	$103,850	$732,502,399	$4,550,000
Other Financial Instruments	$5,936,189	$749,739	$5,186,450	—
Totals	$743,092,438	$853,589	$737,688,849	$4,550,000

340

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Global Infrastructure Fund				—
Common Stocks
Australia	$56,303	—	$56,303	—
Brazil	43,717	$43,717	—	—
Canada	424,532	424,532	—	—
China	18,660	18,660	—	—
France	79,983	14,451	65,532	—
Germany	119,151	17,494	101,657	—
Italy	139,065	—	139,065	—
Japan	65,268	21,117	44,151	—
Netherlands	54,795	18,006	36,789	—
Norway	20,064	20,064	—	—
Singapore	24,133	—	24,133	—
Spain	180,124	68,917	111,207	—
Sweden	55,371	—	55,371	—
Switzerland	38,301	38,301	—	—
Taiwan	4,801	4,801	—	—
Turkey	10,752	10,752	—	—
United Kingdom	56,194	56,194	—	—
United States	827,226	827,226	—	—

Total Investments in Securities	$2,218,440	$1,584,232	$634,208	—

Global Real Estate Fund
Common Stocks
Australia	$29,593,036	—	$29,593,036	—
Austria	456,882	—	456,882	—
Brazil	1,309,254	$1,309,254	—	—
Canada	10,589,804	8,982,309	1,607,495	—
Finland	794,197	—	794,197	—
France	9,436,961	—	9,436,961	—
Guernsey, C.I.	503,184	—	503,184	—
Hong Kong	50,803,331	—	50,803,331	—
Italy	625,533	—	625,533	—
Japan	32,169,410	—	32,169,410	—
Jersey, C.I.	1,596,692	—	1,596,692	—
Luxembourg	678,082	—	678,082	—
Malta	6	—	6	—
Netherlands	3,554,258	—	3,554,258	—
Philippines	1,599,976	—	1,599,976	—
Singapore	13,007,028	—	13,007,028	—
South Africa	2,040,207	—	2,040,207	—
Sweden	2,689,692	—	2,689,692	—
Thailand	528,754	—	528,754	—
United Kingdom	20,824,886	—	20,824,886	—
United States	114,962,971	114,962,971	—	—
Warrants	7,120	7,120	—	—
Short-Term Investments	42,021,810	40,163,810	1,858,000	—

Total Investments in Securities	$339,793,074	$165,425,464	$174,367,610	—

Global Timber Fund
Common Stocks
Australia	$80,969	—	$80,969	—
Brazil	80,740	$80,740	—	—
Canada	403,924	403,924	—	—
China	38,759	—	38,759	—
Hong Kong	329,792	329,792	—	—
Japan	22,785	—	22,785	—
United States	1,339,441	1,339,441	—	—
Preferred Stocks	216,270	216,270	—	—

Total Investments in Securities	$2,512,680	$2,370,167	$142,513	—

341

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

High Income Fund
Corporate Bonds	$239,680,153	—	$217,879,044	$21,801,109
Convertible Bonds	54,538,405	—	54,538,405	—
Collateralized Mortgage Obligations	1,587,853	—	372,618	1,215,235
Asset Backed Securities	6,032,499	—	2,040,499	3,992,000
Common Stocks	65,969,111	$64,453,395	1,286,456	229,260
Preferred Stocks	40,816,396	16,301,131	16,776,369	7,738,896
Term Loans	60,605,966	—	56,460,867	4,145,099
Warrants	507,668	299,642	208,026	—
Options Purchased	196	—	—	196
Short-Term Investments	15,600,120	120	15,600,000	—

Total Investments in Securities	$485,338,367	$81,054,288	$365,162,284	$39,121,795
Other Financial Instruments	$17,422	—	$17,618	($196)
Totals	$485,355,789	$81,054,288	$365,179,902	$39,121,599

High Yield Fund
Foreign Government Obligations	$35,808,107	—	$35,808,107	—
Corporate Bonds	842,709,082	—	833,832,124	$8,876,958
Defaulted Bonds Beyond Maturity Date	4,359,745	—	3,859,032	500,713
Common Stocks	14,209,662	$13,227,316	304,510	677,836
Preferred Stocks	20,115,457	14,330,892	5,767,739	16,826
Term Loans	55,796,472	—	54,428,839	1,367,633
Warrants	436,345	—	22,872	413,473
Short-Term Investments	20,619,589	1,415,187	19,204,402	—

Total Investments in Securities	$994,054,459	$28,973,395	$953,227,625	$11,853,439
Other Financial Instruments	$3,211	$4,828	($1,617)	—
Totals	$994,057,670	$28,978,223	$953,226,008	$11,853,439

Index 500 Fund
Common Stocks
Consumer Discretionary	$196,184,411	$196,184,411	—	—
Consumer Staples	230,544,077	230,544,077	—	—
Energy	221,378,132	221,378,132	—	—
Financials	316,131,673	316,131,673	—	—
Health Care	249,691,194	249,691,194	—	—
Industrials	203,511,553	203,511,553	—	—
Information Technology	371,510,286	371,510,286	—	—
Materials	67,617,640	67,617,640	—	—
Telecommunication Services	55,886,278	55,886,278	—	—
Utilities	69,357,490	69,357,490	—	—
Short-Term Investments	169,821,923	106,208,775	$63,613,148	—

Total Investments in Securities	$2,151,634,657	$2,088,021,509	$63,613,148	—
Other Financial Instruments	$57,391	$57,391	—	—
Totals	$2,151,692,048	$2,088,078,900	$63,613,148	—

342

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

International Equity Index Fund
Common Stocks
Australia	$22,190,249	—	$22,190,249	—
Austria	1,031,816	—	1,031,816	—
Belgium	2,732,217	—	2,732,217	—
Bermuda	212,796	—	212,796	—
Brazil	6,998,441	$6,998,441	—	—
Canada	27,780,625	27,780,625	—	—
Cayman Islands	162,055	—	162,055	—
Chile	1,396,579	1,396,579	—	—
China	9,745,519	—	9,745,519	—
Colombia	658,318	658,318	—	—
Czech Republic	375,093	—	375,093	—
Denmark	2,574,103	—	2,574,103	—
Egypt	508,296	—	508,296	—
Finland	3,316,750	—	3,316,750	—
France	26,633,074	—	26,633,074	—
Germany	19,762,217	—	19,762,217	—
Greece	1,177,327	—	1,177,327	—
Hong Kong	12,716,916	118,672	12,598,244	—
Hungary	500,408	—	500,408	—
India	6,914,858	6,527,722	387,136	—
Indonesia	1,677,089	68,609	1,608,480	—
Ireland	996,780	41,095	955,685	—
Israel	2,640,601	230,485	2,410,116	—
Italy	8,997,064	—	8,997,064	—
Japan	59,299,890	—	59,299,890	—
Luxembourg	1,279,641	—	1,279,641	—
Macau	82,808	—	82,808	—
Malaysia	2,336,567	—	2,336,567	—
Mexico	4,101,724	4,039,731	61,993	—
Netherlands	9,157,133	—	9,157,133	—
New Zealand	281,745	—	281,745	—
Norway	1,850,192	—	1,850,192	—
Peru	374,256	374,256	—	—
Philippines	443,241	—	443,241	—
Poland	1,135,729	—	1,135,729	—
Portugal	698,946	—	698,946	—
Russia	5,684,938	2,704,484	2,980,454	—
Singapore	3,902,388	—	3,902,388	—
South Africa	5,502,335	—	5,502,335	—
South Korea	10,875,656	180,306	10,695,350	—
Spain	10,392,418	—	10,392,418	—
Sweden	6,862,423	—	6,862,423	—
Switzerland	22,412,474	—	22,412,474	—
Taiwan	6,682,076	—	6,682,076	—
Thailand	1,077,605	—	1,077,605	—
Turkey	1,267,819	12,129	1,255,690	—
United Kingdom	54,946,919	—	54,946,919	—
United States	130,446	130,446	—	—
Preferred Stocks
Brazil	7,859,233	7,859,233	—	—
Germany	901,778	—	901,778	—
Malaysia	365	—	365	—
South Korea	303,578	—	303,578	—
Warrants
France	421	421	—	—
Italy	2,205	2,205	—	—
Malaysia	989	989	—	—
Singapore	1,093	1,093	—	—

343

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

International Equity Index Fund, Continued
Rights
Greece	$203	$203	—	—
Malaysia	190	190	—	—
Poland	1,424	—	1,424	—
Short-Term Investments	25,824,153	10,121,176	15,702,977

Total Investments in Securities	$407,374,192	$69,247,408	$338,126,784	—
Other Financial Instruments	($289,963)	($184,770)	($105,193)
Totals	$407,084,229	$69,062,638	$338,021,591

International Opportunities Fund
Common Stocks
Australia	$9,925,887	—	$9,925,887	—
Belgium	25,971,680	—	25,971,680	—
Brazil	66,493,404	$66,493,404	—	—
Canada	36,856,665	36,856,665	—	—
China	19,551,351	15,126,367	4,424,984	—
Denmark	21,775,299	—	21,775,299	—
France	65,691,474	—	65,691,474	—
Germany	74,381,855	—	74,381,855	—
Hong Kong	39,502,870	—	39,502,870	—
India	24,266,503	24,266,503	—	—
Ireland	13,753,600	13,753,600	—	—
Israel	21,701,776	21,701,776	—	—
Japan	96,066,262	—	96,066,262	—
Netherlands	21,702,024	—	21,702,024	—
Singapore	13,712,900	—	13,712,900	—
Spain	50,596,342	—	50,596,342	—
Switzerland	117,875,383	17,547,310	100,328,073	—
Taiwan	7,612,895	—	7,612,895	—
United Kingdom	71,981,894	—	71,981,894	—
Preferred Stocks
Germany	4,293,415	—	4,293,415	—
Short-Term Investments	40,525,188	—	40,525,188	—

Total Investments in Securities	$844,238,667	$195,745,625	$648,493,042	—

International Small Cap Fund
Common Stocks
Australia	$19,739,716	—	$19,739,716	—
Bahamas	4,417,531	$4,417,531	—	—
Belgium	3,342,452	—	3,342,452	—
Canada	25,937,831	22,343,172	3,594,659	—
China	12,366,493	—	12,366,493	—
Finland	10,609,852	—	10,609,852	—
Germany	3,422,477	—	3,422,477	—
Hong Kong	26,287,709	—	26,287,709	—
Japan	15,751,555	—	15,751,555	—
Liechtenstein	3,360,543	—	3,360,543	—
Luxembourg	81,290	—	81,290	—
Netherlands	22,584,641	—	22,584,641	—
Norway	3,661,215	—	3,661,215	—
Singapore	427,226	—	427,226	—
South Korea	17,397,094	—	17,397,094	—
Spain	2,823,007	—	2,823,007	—
Sweden	3,755,773	—	3,755,773	—
Switzerland	6,586,784	—	6,586,784	—
Taiwan	17,292,442	—	17,292,442	—
Thailand	10,551,800	—	10,551,800	—
United Kingdom	21,113,928	—	21,113,928	—
United States	4,688,231	4,688,231	—	—
Short-Term Investments	29,340,297	15,000,297	14,340,000	—

Total Investments in Securities	$265,539,887	$46,449,231	$219,090,656	—

344

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

International Small Company Fund
Common Stocks
Australia	$9,565,484	$42,599	$9,522,885	—
Austria	1,224,633	—	1,224,633	—
Bahamas	37,785	37,785	—	—
Belgium	1,710,340	—	1,710,340	—
Bermuda	477,019	83,907	393,112	—
Canada	13,137,897	13,039,807	98,090	—
China	265,508	—	265,508	—
Cyprus	91,380	—	91,380	—
Denmark	1,434,146	—	1,434,146	—
Finland	3,729,075	—	3,729,075	—
France	5,432,263	—	5,432,263	—
Germany	6,460,709	—	6,460,709	—
Gibraltar	73,086	—	73,086	—
Greece	1,412,799	—	1,412,799	—
Hong Kong	3,948,995	63,813	3,885,182	—
Ireland	1,120,248	—	1,120,248	—
Italy	3,955,676	3,140	3,952,536	—
Japan	28,662,943	—	28,662,943	—
Liechtenstein	46,625	—	46,625	—
Luxembourg	129,194	—	129,194	—
Monaco	61,285	—	61,285	—
Netherlands	2,479,244	28,699	2,450,545	—
New Zealand	869,684	—	869,684	—
Norway	1,775,190	—	1,775,190	—
Peru	43,324	—	43,324	—
Portugal	613,377	—	613,377	—
Singapore	2,076,416	—	2,076,416	—
South Africa	67,675	67,675	—	—
Spain	2,702,925	—	2,702,925	—
Sweden	3,688,383	—	3,688,383	—
Switzerland	5,695,752	—	5,695,752	—
United Arab Emirates	148,237	—	148,237	—
United Kingdom	21,089,792	252,116	20,837,676	—
United States	399,964	339,321	60,643	—
Preferred Stocks	39,422	—	39,422	—
Warrants	468	—	468	—
Rights
Australia	751	—	—	$751
Greece	629	629	—	—
Norway	151	—	151	—
Spain	1,073	1,073	—	—
Short-Term Investments	5,440,472	4,521,502	918,970	—

Total Investments in securities	$130,110,019	$18,482,066	$111,627,202	$751

345

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

International Value Fund
Common Stocks
Australia	$9,238,734	—	$9,238,734	—
Austria	11,453,718	—	11,453,718	—
Bermuda	7,623,454	$7,623,454	—	—
Brazil	7,444,879	$7,444,879	—	—
Canada	19,272,846	19,272,846	—	—
China	14,886,386	—	14,886,386	—
France	132,416,399	—	132,416,399	—
Germany	104,163,721	—	104,163,721	—
Hong Kong	16,200,738	—	16,200,738	—
Israel	5,863,436	5,863,436	—	—
Italy	19,958,600	—	19,958,600	—
Japan	84,425,344	—	84,425,344	—
Netherlands	84,436,062	—	84,436,062	—
Norway	57,337,900	—	57,337,900	—
Russia	6,849,920	—	6,849,920	—
Singapore	36,463,695	17,550,614	18,913,081	—
South Korea	44,002,371	13,160,913	30,841,458	—
Spain	34,705,032	—	34,705,032	—
Sweden	22,463,948	—	22,463,948	—
Switzerland	89,753,478	—	89,753,478	—
Taiwan	48,659,385	—	48,659,385	—
United Kingdom	219,444,179	—	219,444,179	—
United States	19,508,897	19,508,897	—	—
Short-Term Investments	154,641,407	57,781,407	96,860,000

Total Investments in Securities	$1,251,214,529	$148,206,446	$1,103,008,083	—

Investment Quality Bond Fund
U.S. Government & Agency Obligations	$65,423,351	—	$65,423,351	—
Foreign Government Obligations	2,989,525	—	2,989,525	—
Corporate Bonds	99,339,280	—	99,339,280	—
Convertible Bonds	35,470	—	35,470	—
Municipal Bonds	4,065,408	—	4,065,408	—
Collateralized Mortgage Obligations	12,068,860	—	12,068,860	—
Asset Backed Securities	1,272,951	—	1,272,951	—
Preferred Stocks	40,463	—	40,463	—
Short-Term Investments	15,700,000	—	15,700,000	—

Total Investments in Securities	$200,935,308	—	$200,935,308	—
Other Financial Instruments	($70,365)	—	($70,365)	—
Totals	$200,864,943		$200,864,943

Large Cap Fund
Common Stocks
Consumer Discretionary	$34,450,279	$34,450,279	—	—
Consumer Staples	20,139,847	20,139,847	—	—
Energy	33,184,772	33,184,772	—	—
Financials	34,744,506	34,744,506	—	—
Health Care	36,552,268	36,552,268	—	—
Industrials	31,773,442	31,773,442	—	—
Information Technology	44,238,583	44,238,583	—	—
Materials	6,027,273	6,027,273	—	—
Telecommunication Services	5,368,884	5,368,884	—	—
Utilities	14,223,894	14,223,894	—	—
Investment Companies	4,430,400	4,430,400	—	—
Short-Term Investments	27,178,453	21,776,453	$5,402,000	—

Total Investments in Securities	$292,312,601	$286,910,601	$5,402,000	—

346

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Large Cap Value Fund
Common Stocks
Consumer Discretionary	$21,257,300	$21,257,300	—	—
Consumer Staples	27,882,470	27,882,470	—	—
Energy	118,813,210	118,813,210	—	—
Financials	70,933,490	70,933,490	—	—
Health Care	96,046,060	96,046,060	—	—
Industrials	78,569,260	78,569,260	—	—
Information Technology	29,628,970	29,628,970	—	—
Materials	59,414,290	59,414,290	—	—
Telecommunication Services	19,717,020	19,717,020	—	—
Utilities	39,453,720	39,453,720	—	—
Short-Term Investments	35,531,739	28,674,739	$6,857,000	—

Total Investments in Securities	$597,247,529	$590,390,529	$6,857,000	—

Mid Cap Index Fund
Common Stocks
Consumer Discretionary	$79,559,428	$79,559,428	—	—
Consumer Staples	22,260,635	22,260,635	—	—
Energy	36,921,448	36,921,448	—	—
Financials	108,120,855	108,120,855	—	—
Health Care	68,821,155	68,821,155	—	—
Industrials	79,108,924	79,108,924	—	—
Information Technology	82,169,275	82,169,275	—	—
Materials	35,358,641	35,358,641	—	—
Telecommunication Services	4,270,310	4,270,310	—	—
Utilities	35,531,177	35,531,177	—	—
Short-Term Investments	137,459,738	123,905,824	$13,553,914	—

Total Investments in Securities	$689,581,586	$676,027,672	$13,553,914	—
Other Financial Instruments	$408,518	$408,518	—	—
Totals	$689,990,104	$676,436,190	$13,553,914	—

Mid Cap Stock Fund
Common Stocks
Consumer Discretionary	$183,118,743	$183,118,743	—	—
Consumer Staples	10,768,164	10,768,164	—	—
Energy	33,427,653	31,592,340	$1,835,313	—
Financials	41,194,837	40,305,315	889,522	—
Health Care	99,685,001	89,099,787	10,585,214	—
Industrials	117,059,498	117,059,498	—	—
Information Technology	238,222,664	238,222,664	—	—
Materials	42,799,280	38,870,013	3,929,267	—
Telecommunication Services	7,782,251	7,782,251	—	—
Short-Term Investments	187,702,558	153,302,558	34,400,000	—

Total Investments in Securities	$961,760,649	$910,121,333	$51,639,316	—
Other Financial Instruments	($203,477)	—	($203,477)	—
Totals	$961,557,172	$910,121,333	$51,435,839

347

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Mid Cap Value Equity Fund
Common Stocks
Consumer Discretionary	$17,736,939	$17,736,939	—	—
Consumer Staples	4,916,907	4,916,907	—	—
Energy	15,726,189	15,726,189	—	—
Financials	33,028,703	33,028,703	—	—
Health Care	14,987,560	14,987,560	—	—
Industrials	35,085,015	35,085,015	—	—
Information Technology	18,275,366	18,275,366	—	—
Materials	16,210,980	16,210,980	—	—
Telecommunication Services	6,638,570	6,638,570	—	—
Utilities	11,437,729	11,437,729	—	—
Convertible Bonds
Consumer Discretionary	663,140	—	$663,140	—
Telecommunication Services	319,365	—	319,365	—
Short-Term Investments	33,441,126	27,541,126	5,900,000	—

Total Investments in Securities	$208,467,589	$201,585,084	$6,882,505	—

Mid Value Fund
Common Stocks
Consumer Discretionary	$56,121,465	$56,121,465	—	—
Consumer Staples	30,381,846	30,381,846	—	—
Energy	28,708,599	28,708,599	—	—
Financials	63,148,168	63,148,168	—	—
Health Care	20,301,096	20,301,096	—	—
Industrials	29,493,223	29,493,223	—	—
Information Technology	27,416,439	27,416,439	—	—
Materials	20,512,392	20,512,392	—	—
Telecommunication Services	3,743,431	3,743,431	—	—
Utilities	27,416,403	27,416,403	—	—
Preferred Stocks	701,350	—	$701,350	—
Convertible Bonds
Financials	458,695	—	458,695	—
Industrials	1,635,302	—	1,635,302	—
Materials	134,928	—	134,928	—
Short-Term Investments	75,072,374	49,399,353	25,673,021	—

Total Investments in Securities	$385,245,711	$356,642,415	$28,603,296	—

Optimized Value Fund
Common Stocks
Consumer Discretionary	$41,780,367	$41,780,367	—	—
Consumer Staples	15,977,671	15,977,671	—	—
Energy	60,887,119	60,887,119	—	—
Financials	90,282,382	90,282,382	—	—
Health Care	23,289,016	23,289,016	—	—
Industrials	20,286,331	20,286,331	—	—
Information Technology	29,919,955	29,919,955	—	—
Materials	8,375,735	8,375,735	—	—
Telecommunication Services	16,438,487	16,438,487	—	—
Utilities	10,712,516	10,712,516	—	—
Short-Term Investments	2,911,000	—	$2,911,000	—

Total Investments in Securities	$320,860,579	$317,949,579	$2,911,000	—

348

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Real Estate Equity Fund
Common Stocks
Consumer Discretionary	$9,757,270	$9,757,270	—	—
Financials	210,077,697	210,077,697	—	—
Convertible Bonds
Financials	8,347,035	—	$8,347,035	—
Short-Term Investments	80,221,108	75,616,404	4,604,704	—

Total Investments in Securities	$308,403,110	$295,451,371	$12,951,739	—

Real Estate Securities Fund
Common Stocks
Financials	$285,558,152	$285,558,152	—	—
Short-Term Investments	94,344,654	91,530,654	$2,814,000	—

Total Investments in Securities	$379,902,806	$377,088,806	$2,814,000	—

Real Return Bond Fund
U.S. Government & Agency Obligations	$1,092,984,098	—	$1,092,984,098	—
Foreign Government Obligations	27,335,620	—	27,335,620	—
Corporate Bonds	145,683,121	—	145,683,121	—
Municipal Bonds	2,028,305	—	2,028,305	—
Collateralized Mortgage Obligations	52,217,027	—	52,217,027	—
Asset Backed Securities	22,693,643	—	18,683,653	$4,009,990
Preferred Stocks	1,381,000	$476,500	904,500	—
Short-Term Investments	3,847,994	—	3,847,994	—

Total Investments in Securities	$1,348,170,808	$476,500	$1,343,684,318	$4,009,990
Other Financial Instruments	$2,892,640	$2,391,271	$501,369	—
Totals	$1,351,063,448	$2,867,771	$1,344,185,687	$4,009,990

Short Term Government Income Fund
U.S. Government & Agency Obligations	$30,974,508	—	$30,974,508	—
Collateralized Mortgage Obligations	922,937	—	922,937	—
Short-Term Investments	300,000	—	300,000	—

Total Investments in Securities	$32,197,445	—	$32,197,445	—

Small Cap Growth Fund
Common Stocks
Consumer Discretionary	$25,102,711	$25,102,711	—	—
Consumer Staples	3,712,304	3,712,304	—	—
Energy	4,139,610	4,139,610	—	—
Financials	3,819,157	3,819,157	—	—
Health Care	29,805,583	29,805,583	—	—
Industrials	20,794,969	20,794,969	—	—
Information Technology	29,113,132	29,113,132	—	—
Materials	1,510,560	1,510,560	—	—
Telecommunication Services	1,946,568	1,946,568	—	—
Short-Term Investments	3,100,000	—	$3,100,000	—

Total Investments in Securities	$123,044,594	$119,944,594	$3,100,000	—

349

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Small Cap Index Fund
Common Stocks
Consumer Discretionary	$16,795,179	$16,795,179	—	—
Consumer Staples	4,075,145	4,075,145	—	—
Energy	6,089,297	6,089,297	—	—
Financials	24,376,949	24,376,949	—	—
Health Care	16,455,863	16,455,691	—	$172
Industrials	17,741,853	17,741,853	—	—
Information Technology	21,107,443	21,066,234	$41,209	—
Materials	5,250,561	5,250,561	—	—
Telecommunication Services	1,050,143	1,050,143	—	—
Utilities	3,592,674	3,592,674	—	—
Preferred Stocks	35,894	35,894	—	—
Short-Term Investments	25,797,914	22,811,189	2,986,725

Total Investments in Securities	$142,368,915	$139,340,809	$3,027,934	$172
Other Financial Instruments	$68,279	$68,279	—	—
Totals	$142,437,194	$139,409,088	$3,027,934	$172

Small Cap Opportunities Fund
Common Stocks
Consumer Discretionary	$19,207,079	$19,207,079	—	—
Consumer Staples	3,330,513	3,330,513	—	—
Energy	8,523,579	8,523,579	—	—
Financials	19,802,976	19,802,976	—	—
Health Care	10,575,712	10,575,712	—	—
Industrials	18,622,098	18,622,098	—	—
Information Technology	16,951,054	16,951,054	—	—
Materials	6,236,693	6,236,693	—	—
Telecommunication Services	1,209,085	1,209,085	—	—
Utilities	1,218,848	1,218,848	—	—
Rights	369	—	$369	—
Short-Term Investments	18,716,323	18,066,386	649,937	—

Total Investments in Securities	$124,394,329	$123,744,023	$650,306	—

Small Cap Value Fund
Common Stocks
Consumer Discretionary	$15,266,926	$15,266,926	—	—
Consumer Staples	4,316,996	4,316,996	—	—
Energy	4,580,244	4,580,244	—	—
Financials	20,579,833	20,579,833	—	—
Health Care	6,834,530	6,834,530	—	—
Industrials	17,595,677	17,595,677	—	—
Information Technology	8,731,285	8,731,285	—	—
Materials	4,610,679	4,610,679	—	—
Utilities	4,852,284	4,852,284	—	—
Short-Term Investments	13,521,363	11,921,363	$1,600,000	—

Total Investments in Securities	$100,889,817	$99,289,817	$1,600,000	—

350

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Small Company Growth Fund
Common Stocks
Consumer Discretionary	$23,400,245	$23,400,245	—	—
Consumer Staples	2,430,412	2,430,412	—	—
Energy	8,943,297	8,943,297	—	—
Financials	11,203,334	11,203,334	—	—
Health Care	27,324,280	27,324,280	—	—
Industrials	17,919,104	17,919,104	—	—
Information Technology	38,847,301	38,847,301	—	—
Materials	3,856,805	3,856,805	—	—
Telecommunication Services	1,590,493	1,590,493	—	—
Utilities	1,368,556	1,368,556	—	—
Short-Term Investments	40,536,940	34,622,823	$5,914,117	—

Total Investments in Securities	$177,420,767	$171,506,650	$5,914,117	—

Small Company Value Fund				—
Common Stocks
Consumer Discretionary	$47,011,990	$47,011,990	—	—
Consumer Staples	7,109,143	7,109,143	—	—
Energy	27,153,705	27,153,705	—	—
Financials	82,008,694	82,008,694	—	—
Health Care	25,796,488	25,796,488	—	—
Industrials	96,948,126	96,948,126	—	—
Information Technology	39,516,823	39,516,823	—	—
Materials	34,507,206	34,507,206	—	—
Telecommunication Services	2,053,712	2,053,712	—	—
Utilities	14,747,470	14,747,470	—	—
Preferred Stocks
Energy	2,342,400	2,342,400	—	—
Financials	5,562,083	—	$5,562,083	—
Investment Companies	2,929,405	2,929,405	—	—
Short-Term Investments	89,833,345	78,758,111	11,075,234	—

Total Investments in Securities	$477,520,590	$460,883,273	$16,637,317	—

Smaller Company Growth Fund
Common Stocks
Consumer Discretionary	$29,093,871	$29,093,871	—	—
Consumer Staples	3,260,750	3,260,750	—	—
Energy	14,215,621	14,215,621	—	—
Financials	17,540,088	17,540,088	—	—
Health Care	27,142,001	27,142,001	—	—
Industrials	33,524,887	33,524,887	—	—
Information Technology	35,031,099	35,031,099	—	—
Materials	8,263,613	8,263,613	—	—
Telecommunication Services	6,742,270	6,742,270	—	—
Utilities	504,582	504,582	—	—
Investment Companies	849,500	849,500	—	—
Total Rights	573	573	—	—
Short-Term Investments	39,191,320	35,099,534	$4,091,786	—

Total Investments in Securities	$215,360,175	$211,268,389	$4,091,786	—
Other Financial Instruments	$11,104	$11,104	—	—
Totals	$215,371,279	$211,279,493	$4,091,786

351

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			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Spectrum Income Fund
Common Stocks	$115,783,634	$114,926,287	$857,347	—
Preferred Stocks	3,717,081	3,311,060	329,021	$77,000
U.S. Government & Agency Obligations	202,115,044	—	202,115,044	—
Foreign Government Obligations	86,798,305	—	85,443,906	1,354,399
Corporate Bonds	329,449,344	—	328,953,360	495,984
Municipal Bonds	2,235,060	—	2,235,060	—
Collateralized Mortgage Obligations	17,634,548	—	17,634,548	—
Asset Backed Securities	19,132,559	1,590,665	17,371,979	169,915
Convertible Preferred Stocks	158,434	—	158,434	—
Convertible Bonds	5,245,946	—	4,815,296	430,650
Supranational Obligations	2,948,242	—	2,948,242	—
Term Loans	18,835,413	—	18,835,413	—
Short-Term Investments	45,917,286	12,325,171	33,592,115	—

Total Investments in Securities	$849,970,896	$132,153,183	$715,289,765	$2,527,948
Other Financial Instruments	$151,380	($42,401)	$193,781	—
Totals	$850,122,276	$132,110,782	$715,483,546	$2,527,948

Strategic Bond Fund
U.S. Government & Agency Obligations	$81,614,161	—	$81,614,161	—
Foreign Government Obligations	9,193,717	—	9,193,717	—
Corporate Bonds	108,787,998	—	108,582,885	$205,113
Collateralized Mortgage Obligations	28,010,016	—	28,010,016	—
Asset Backed Securities	17,640,810	—	17,640,810	—
Municipal Bonds	525,712	—	525,712	—
Supranational Obligations	999,999	—	999,999	—
Common Stocks	662,304	$607,311	42,444	12,549
Preferred Stocks	3,023,815	384,316	2,639,499	—
Term Loans	4,933,215	—	4,933,215	—
Warrants	29,957	—	14,004	15,953
Purchased Options	2,875	2,875	—	—
Short-Term Investments	32,000,000	—	32,000,000	—

Total Investments in Securities	$287,424,579	$994,502	$286,196,462	$233,615
Other Financial Instruments	$141,824	$277,664	($135,840)	—
Totals	$287,566,403	$1,272,166	$286,060,622	$233,615

Total Bond Market Fund
U.S. Government & Agency Obligations	$416,317,194	—	$416,317,194	—
Foreign Government Obligations	9,369,370	—	9,369,370	—
Corporate Bonds	113,163,672	—	113,163,672	—
Municipal Bonds	1,949,911	—	1,949,911	—
Collateralized Mortgage Obligations	20,947,968	—	20,947,968	—
Asset Backed Securities	1,462,604	—	1,462,604	—
Convertible Preferred Stocks	806,899	—	806,899	—
Supranational Obligations	4,451,917	—	4,451,917	—
Short-Term Investments	9,577,462	—	9,577,462	—

Total Investments in Securities	$578,046,997	—	$578,046,997	—

Total Return Fund
U.S. Government & Agency Obligations	$758,314,522	—	$712,564,874	$45,749,648
Foreign Government Obligations	74,846,477	—	74,846,477	—
Corporate Bonds	541,084,355	—	541,084,355	—
Municipal Bonds	46,035,403	—	46,035,403	—
Collateralized Mortgage Obligations	110,166,734	—	110,166,734	—
Asset Backed Securities	43,609,392	—	43,609,392	—
Term Loans	7,240,083	—	7,240,083	—
Preferred Stocks	10,955,780	$10,544,380	411,400	—
Short-Term Investments	780,025,215	—	780,025,215	—

Total Investments in securities	$2,372,277,961	$10,544,380	$2,315,983,933	$45,749,648
Schedule of Securities Sold Short	($28,678,909)	—	($28,678,909)	—
Other Financial Instruments	$19,821,826	$9,819,766	$10,002,060	—
Totals	$2,363,420,878	$20,364,146	$2,297,307,084	$45,749,648

352

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			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

U.S. Government Securities Fund
U.S. Government & Agency Obligations	$64,784,934	—	$64,784,934	—
Collateralized Mortgage Obligations	12,238,282	—	12,238,282	—
Asset Backed Securities	7,003,056	—	6,713,883	$289,173
Preferred Stocks	45,518	$45,518	—	—
Short-Term Investments	78,283,683	—	78,283,683	—

Total Investments in Securities	$162,355,473	$45,518	$162,020,782	$289,173
Other Financial Instruments	$334,347	$334,347	—	—
Totals	$162,689,820	$379,865	$162,020,782	$289,173

U.S. High Yield Bond Fund
Corporate Bonds	$568,855,916	—	$568,812,726	$43,190
Common Stocks	5,584,780	$5,479,780	—	105,000
Preferred Stocks	71,120	—	—	71,120
Term Loans	150,232,156	—	150,232,156	—
Asset Backed Securities	1,076,213	—	1,076,213	—
Short-Term Investments	13,018,289	—	13,018,289	—

Total Investments in Securities	$738,838,474	$5,479,780	$733,139,384	$219,310

U.S. Multi Sector Fund
Common Stocks
Consumer Discretionary	$45,261,095	$45,261,095	—	—
Consumer Staples	193,717,324	193,717,324	—	—
Energy	83,515,610	83,515,610	—	—
Financials	32,255,752	32,255,752	—	—
Health Care	228,689,924	228,689,924	—	—
Industrials	26,700,260	26,700,260	—	—
Information Technology	283,318,466	283,318,466	—	—
Materials	12,291,777	12,291,777	—	—
Telecommunication Services	12,805,421	12,805,421	—	—
Utilities	1,318,721	1,318,721	—	—
Short-Term Investments	110,757,460	64,680,798	$46,076,662	—

Total Investments in Securities	$1,030,631,810	$984,555,148	$46,076,662	—
Other Financial Instruments	($65,756)	($65,756)	—	—
Totals	$1,030,566,054	$984,489,392	$46,076,662	—

Value Fund
Common Stocks
Consumer Discretionary	$10,619,001	$10,619,001	—	—
Consumer Staples	8,553,017	8,553,017	—	—
Energy	9,188,952	9,188,952	—	—
Financials	27,454,623	27,454,623	—	—
Health Care	13,391,059	13,391,059	—	—
Industrials	21,961,795	21,961,795	—	—
Information Technology	15,280,415	15,280,415	—	—
Materials	9,379,069	9,379,069	—	—
Utilities	8,737,252	8,737,252	—	—
Short-Term Investments	19,001,376	12,201,376	$6,800,000	—

Total Investments in Securities	$143,566,559	$136,766,559	$6,800,000	—

353

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			Level 2	Level 3
	Total Market	Level 1	Significant	Significant
	Value at	Quoted	Observable	Unobservable
	02/28/10	Price	Inputs	Inputs

Value & Restructuring Fund
Common Stocks
Consumer Discretionary	$29,989,837	$29,989,837	—	—
Consumer Staples	37,208,981	37,208,981	—	—
Energy	138,050,221	138,050,221	—	—
Financials	91,719,851	91,719,851	—	—
Health Care	32,624,751	32,624,751	—	—
Industrials	87,684,767	87,684,767	—	—
Information Technology	43,787,711	43,787,711	—	—
Materials	73,262,199	66,914,277	$6,347,922	—
Telecommunication Services	22,910,740	22,910,740	—	—
Utilities	2,861,451	—	2,861,451	—
Preferred Stocks	2,836,705	2,836,705	—	—
Convertible Bonds	4,923,140	—	4,923,140	—
Short-Term Investments	72,917,534	63,420,534	9,497,000	—

Total Investments in Securities	$640,777,888	$617,148,375	$23,629,513	—

Vista Fund
Common Stocks
Consumer Discretionary	$48,612,624	$48,612,624	—	—
Consumer Staples	5,178,096	5,178,096	—	—
Energy	18,896,059	18,896,059	—	—
Financials	20,285,518	20,285,518	—	—
Health Care	34,924,820	32,896,513	$2,028,307	—
Industrials	34,507,697	34,507,697	—	—
Information Technology	62,941,043	62,941,043	—	—
Materials	16,879,439	16,879,439	—	—
Telecommunication Services	12,439,488	12,439,488	—	—
Short-Term Investments	64,300,646	55,722,689	8,577,957	—

Total Investments in Securities	$318,965,430	$308,359,166	$10,606,264	—
Other Financial Instruments	$14,796	—	$14,796	—
Total	$318,980,226	$308,359,166	$10,621,060	—

The following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


Active Bond Fund
		Collateralized		U.S. Government &
	Asset Backed	Mortgage	Corporate	Agency
	Securities	Obligations	Bonds	Obligations	Totals
Balance as of 8/31/09	$3,656,933	$5,165,113	$503,600	—	$9,325,646
Accrued discounts/premiums	17,740	—	—	—	17,740
Realized gain (loss)	(1,309,330)	687,928	—	—	(621,402)
Change in unrealized appreciation (depreciation)	2,659,329	985,788	130,436	—	3,775,553
Net purchases (sales)	241,429	(2,163,929)	600,000	$541,461	(781,039)
Net transfers in and/out of Level 3	(214,350)	—	14	—	(214,336)
Balance as of 2/28/10	$5,051,751	$4,674,900	$1,234,050	$541,461	$11,502,162

Core Bond Fund
		Collateralized
	Asset Backed	Mortgage
	Securities	Obligations	Totals
Balance as of 8/31/09	—	$556,323	$556,323
Accrued discounts/premiums	—	—	—
Realized gain (loss)	$5,678	—	5,678
Change in unrealized appreciation (depreciation)	6,328	(1,845)	4,483
Net purchases (sales)	1,119,322	1,463,492	2,582,814
Net transfers in and/out of Level 3	—	(556,323)	(556,323)
Balance as of 2/28/10	$1,131,328	$1,461,647	$2,592,975

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Emerging Markets Value Fund
	Hong Kong	India	Totals
Balance as of 8/31/09	—	$16,560	$16,560
Accrued discounts/premiums	—	—	—
Realized gain (loss)	—	—	—
Change in unrealized appreciation (depreciation)	($310,178)	977	(309,201)
Net purchases (sales)	—	—	—
Net transfers in and/out of Level 3	402,041	—	402,041
Balance as of 2/28/10	$91,863	$17,537	$109,400

Global Bond Fund
		Collateralized
	Asset Backed	Mortgage	Corporate
	Securities	Obligations	Bonds	Totals
Balance as of 8/31/09	$1,306,968	$1,638,566	$2,115,895	$5,061,429
Accrued discounts/premiums	—	—	—	—
Realized gain (loss)	—	—	—	—
Change in unrealized appreciation (depreciation)	(67,592)	—	179,855	112,263
Net purchases (sales)	1,837,737	—	2,600,000	4,437,737
Net transfers in and/out of Level 3	(1,306,968)	(1,638,566)	(2,115,895)	(5,061,429)
Balance as of 2/28/10	$1,770,145	—	$2,779,855	$4,550,000


High Income Fund
	Asset	Collateralized							Other
	Backed	Mortgage	Common	Corporate	Purchased	Preferred	Term		Financial
	Securities	Obligations	Stocks	Bonds	Options	Stocks	Loans	Totals	Instruments
Balance as of 8/31/09	$2,207,200	$2,845,382	—	$28,573,055	$935,508	—	$1,355,357	$35,916,502	($935,508)
Accrued discounts/premiums	2,304	707	—	706,308	—	—	6,040	715,359	—
Realized gain (loss)	—	2,185,199	—	4,324,061	—	—	(2,034,085)	4,475,175	—
Change in unrealized appreciation
(depreciation)	663,521	446,111	$57,330	126,015	(935,312)	$4,659,441	3,890,327	8,907,433	935,312
Net purchases (sales)	1,118,975	(4,262,164)	171,930	(11,928,330)	—	3,079,455	927,460	(10,892,674)	—
Net transfers in and/out of Level 3	—	—	—	—	—	—	—	—	—
Balance as of 2/28/10	$3,992,000	$1,215,235	$229,260	$21,801,109	$196	$7,738,896	$4,145,099	$39,121,795	($196)


High Yield Fund
			Defaulted
	Common	Corporate	Bonds Beyond	Preferred	Term
	Stocks	Bonds	Maturity Date	Stocks	Loans	Warrants	Totals
Balance as of 8/31/09	—	$844,100	$269,885	$5,865,771	$1,148,618	$77,611	$8,205,985
Accrued discounts/premiums	—	99,861	—	—	—	—	99,861
Realized gain (loss)	($22)	(1,658,038)	3,086	(95,532)	—	—	(1,750,506)
Change in unrealized appreciation (depreciation)	(132,367)	(2,646,207)	204,130	2,093,527	219,015	182,512	(79,390)
Net purchases (sales)	810,225	12,237,242	(3,300)	(7,846,940)	—	153,350	5,350,577
Net transfers in and/out of Level 3	—	—	26,912	—	—	—	26,912
Balance as of 2/28/10	$677,836	$8,876,958	$500,713	$16,826	$1,367,633	$413,473	$11,853,439


International Small Company Fund
		Australia
Balance as of 8/31/09		$1,940
Accrued discounts/premiums		—
Realized gain (loss)		(52,344)
Change in unrealized
appreciation (depreciation)		52,884
Net purchases (sales)		(1,729)
Net transfers in and/out of Level 3		—
Balance as of 2/28/10		$751

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Real Return Bond Fund
		Collateralized
	Asset Backed	Mortgage
	Securities	Obligations	Totals
Balance as of 8/31/09	—	$4,650,000	$4,650,000
Accrued discounts/premiums	$2,427	—	2,427
Realized gain (loss)	3,438	—	3,438
Change in unrealized appreciation (depreciation)	(151,679)	—	(151,679)
Net purchases (sales)	4,155,804	—	4,155,804
Net transfers in and/out of Level 3	—	(4,650,000)	(4,650,000)
Balance as of 2/28/10	$4,009,990	—	$4,009,990

Small Cap Index Fund
	Health Care
Balance as of 8/31/09	$172
Accrued discounts/premiums	—
Realized gain (loss)	—
Change in unrealized appreciation (depreciation)	—
Net purchases (sales)	—
Net transfers in and/out of Level 3	—
Balance as of 2/28/10	$172

Spectrum Income Fund
				Foreign
	Asset Backed	Convertible	Corporate	Government	Preferred
	Securities	Bonds	Bonds	Obligations	Stocks	Total
Balance as of 8/31/09	—	$318,938	$1,028,757	$180,600	$77,000	$1,605,295
Accrued discounts/premiums	—	9,955	25	3,306	—	13,286
Realized gain (loss)	—	—	(92,286)	—	—	(92,286)
Change in unrealized appreciation (depreciation)	($80)	101,757	121,232	21,752	—	244,661
Net purchases (sales)	169,995	—	(329,431)	1,148,741	—	989,305
Net transfers in and/out of Level 3	—	—	(232,313)	—	—	(232,313)
Balance as of 2/28/10	$169,915	$430,650	$495,984	$1,354,399	$77,000	$2,527,948

Strategic Bond Fund
	Corporate	Common	Preferred
	Bonds	Stocks	Stocks	Warrants	Totals
Balance as of 8/31/09	$14,625	—	$369,380	—	$384,005
Accrued discounts/premiums	1,269	—	—	—	1,269
Realized gain (loss)	(1,136)	—	—	—	(1,136)
Change in unrealized appreciation (depreciation)	(123,046)	($2,451)	88,360	$3,247	(33,890)
Net purchases (sales)	313,401	15,000	(457,740)	12,706	(116,633)
Net transfers in and/out of Level 3	—	—	—	—	—
Balance as of 2/28/10	$205,113	$12,549	—	$15,953	$233,615

Total Return Fund
		U.S. Government
	Asset Backed	& Agency
	Securities	Obligations
Balance as of 8/31/09	$824,791	—
Accrued discounts/premiums	—	—
Realized gain (loss)	—	—
Change in unrealized appreciation (depreciation)	—	($117)
Net purchases (sales)	—	45,749,765
Net transfers in and/out of Level 3	(824,791)	—
Balance as of 2/28/10	—	$45,749,648

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U.S. Government Securities Fund
	Asset Backed
	Securities
Balance as of 8/31/09	$283,181
Accrued discounts/premiums	—
Realized gain (loss)	(149)
Change in unrealized appreciation (depreciation)	130,237
Net purchases (sales)	(124,096)
Net transfers in and/out of Level 3	—
Balance as of 2/28/10	$289,173

U.S. High Yield Bond Fund
	Common	Corporate	Preferred
	Stock	Bonds	Stock	Totals
Balance as of 8/31/09	$125,003	$35,000	$127,000	$287,003
Accrued discounts/premiums	—	8,293	—	8,293
Realized gain (loss)	—	147	—	147
Change in unrealized appreciation
(depreciation)	(20,003)	(250)	(55,880)	(76,133)
Net purchases (sales)	—	—	—	—
Net transfers in and/out of Level 3	—	—	—	—
Balance as of 2/28/10	$105,000	$43,190	$71,120	$219,310

Value & Restructuring Fund
	Financials
Balance as of 8/31/09	$25,596
Accrued discounts/premiums	—
Realized gain (loss)	(231,767)
Change in unrealized appreciation
(depreciation)	234,061
Net purchases (sales)	(27,890)
Net transfers in and/out of Level 3	—
Balance as of 2/28/10	—

In order to value the securities, the Funds use the following valuation techniques. Equity securities held by the Funds are valued at the last sale price or official closing price on the principal securities exchange on which they trade. In the event there were no sales during the day or closing prices are not available, then securities are valued using the last quoted bid or evaluated price. Debt obligations are valued based on the evaluated prices provided by an independent pricing service, which utilizes both dealer-supplied and electronic data processing techniques, which take 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. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rates supplied by an independent pricing service. Certain securities traded only in the over-the - -counter market are valued at the last bid price quoted by brokers making markets in the securities at the close of trading. Certain short-term securities are valued at amortized cost. John Hancock Collateral Investment Trust (JHCIT), an affiliate of the Fund, is valued at its closing net asset value. JHCIT is a non stable value fund investing in short-term investments as part of a securities lending program.

Other portfolio securities and assets, where market quotations are not readily available, are valued at fair value, as determined in good faith by the Funds’ Pricing Committee, following procedures established by the Board of Trustees. Generally, trading in non-U.S. securities is substantially completed each day at various times prior to the close of trading on the New York Stock Exchange (NYSE). The values of non-U.S. securities, used in computing the net asset value of the Fund’s shares, are generally determined at these times. Significant market events that affect the values of non-U.S. securities may occur after the time when the valuation of the securities is generally determined and the close of the NYSE. During significant market events, these securities will be valued at fair value, as determined in good faith, following procedures established by the Board of Trustees.

Repurchase Agreements The Funds may enter into repurchase agreements. When a Fund enters into a repurchase agreement it receives collateral which 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. 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. Collateral for certain tri-party repurchase agreements is held at a third-party custodian bank in a segregated account for the benefit of the Funds.

When-Issued/Delayed Delivery Securities The Funds may purchase or sell debt securities on a when-issued or delayed-delivery basis, or in a “To Be Announced” (TBA) or “forward commitment” transaction, with delivery or payment to occur at a later date beyond the normal settlement period. TBA securities resulting from these transactions are included in the Portfolio of Investments or in a schedule to the Portfolio of Investments (Schedule of Securities Sold Short). At the time that the Fund enters into a commitment to purchase or sell a security, the transaction is recorded and the value of the security is reflected in the Funds’ net asset value. The price of such security and the date that the security will be delivered and paid for are fixed at the time the transaction is negotiated. The value of the security may vary with market fluctuations. No interest accrues to the Funds until payment t akes place. At the time that the Funds enter into this type of transaction, the Funds are requiredtohave sufficient cash and/or liquid securities to cover its commitments.

Certain risks may arise upon entering into when-issued or delayed-delivery securities transactions, including the potential inability of counterparties to meet the terms of their contracts, and the issuer’s failure to issue the securities due to political, economic, or other factors. Additionally, losses may arise due to declines in the value of the securities prior to settlement date.

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Term Loans Floating rate loans are generally subject to legal or contractual restrictions on resale. The liquidity of floating rate loans, including the volume and frequency of secondary market trading in such loans, varies significantly over time and among individual floating rate loans. During periods of infrequent trading, valuing a floating rate loan can be more difficult and buying and selling a floating rate loan at an acceptable price can be more difficult and delayed. Difficulty in selling a floating rate loan can result in a loss. Fees associated with loan amendments are accrued daily. At February 28, 2010, the Active Bond Fund and High Income Fund had $11,697 and $391,802 in unfunded loan commitments outstanding, respectively.

Loan participations and Assignments A Fund’s ability to receive payments of principal and interest and other amounts in connection with loans (whether through participations, assignments or otherwise) will depend primarily on the financial condition of the borrower. A Fund’s failure to receive scheduled interest or principal payments on a term loan due to a default, bankruptcy or other reasons would adversely affect the Fund’s income and would likely reduce the value of its assets. Because many term loans are not rated by independent credit rating agencies, a decision to invest in a particular loan could depend exclusively on the subadviser’s credit analysis of the borrower and/or term loan agents. A Fund may have limited rights to enforce the terms of an underlying loan.

Security Transactions and Related Investment Income Investment security transactions are accounted for on a trade date plus one basis for daily net asset value calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation. Dividend income is recorded on the ex-dividend date except for certain foreign dividends where the ex-date may have passed, which are recorded when the Fund becomes aware of the dividends. Interest income includes coupon interest and amortization/accretion of discounts/premiums on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivables when the collection of all or a p ortion of interest has become doubtful. Certain Funds may be subject to foreign earnings and repatriation taxes which are accrued based upon net investment income, net realized gains or net unrealized appreciation.

Inflation Indexed Bonds Inflation-indexed bonds are securities that generally have a lower coupon interest rate fixed at issuance but whose principal value is periodically adjusted to a rate of inflation, such as the Consumer Price Index. Over the life of an inflation-indexed bond, interest is paid on the inflation adjusted principal value as described above. Increases in the principal amount of these securities are recorded as interest income. Decreases in the principal amount of these securities reduce interest income to the extent of income recorded in the current fiscal period. Excess amounts are recorded as an adjustment to cost.

Real Estate Investment Trusts From time to time, the Funds may invest in real estate investment trusts (REITs) and, as a result, will estimate the components of distributions from these securities. Distributions from REITs received in excess of income are recorded as a reduction of cost of investments and/or as a realized gain.

Securities Lending A Fund may lend its securities to earn additional income. It receives and maintains cash collateral received from the borrower in an amount not less than the market value of the loaned securities. The Funds will invest its collateral in JHCIT, which is not a stable value fund. As a result, the Funds will receive the benefit of any gains and bear any losses generated by JHCIT. Although risk of the loss of the securities lent is mitigated by holding the collateral, the Funds could experience a delay in recovering its securities and a possible loss of income or value if the borrower fails to return the securities or if collateral investments decline in value. The Funds may receive compensation for lending its securities by retaining a portion of the return on the investment of the collateral.

Foreign Currency Translation Assets, including investments and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on realized and unrealized securities gains and losses is reflected as a component of securities gains and losses.

Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Funds investing in a single country or in a limited geographic region tend to be riskier than funds that invest more broadly. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs) and accounting standards. Foreign investments are also subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.

Stripped Securities Stripped mortgage backed securities are financial instruments that derive their value from other instruments so that one class receives the entire principal from the underlying mortgage 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 mortgage backed security. If the underlying mortgage assets experience greater than anticipated prepayments of principal, the Funds may fail to fully receive its initial investment in an IO security. The market value of these securities can be extremely volatile in response to changes in interest rates. In addition, these securities present additional credit risk such that the Funds may not receive all or part of its principal because the counterparty or issuer has defaulted on its obligation.

Line of Credit The Funds may borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the custodian agreement, the custodian may loan money to a Fund to make properly authorized payments. The Funds are obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian has a lien, security interest or security entitlement in any Fund property that is not segregated, to the maximum extent permitted by law for any overdraft.

In addition, the Funds and other affiliated funds have entered into an agreement with the custodian which enables them to participate in a $300 million unsecured committed line of credit. A commitment fee, payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund on a pro rata basis based on their relative average net assets. During the period ended February 28, 2010, there were no significant borrowings under the line of credit by the Funds. Effective March 31, 2010, the amount of the line of credit changed to $200 million.

Expenses The majority of expenses are directly attributable to an individual Fund. Expenses that are not readily attributable to a specific fund are allocated among all Funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the Funds’ relative assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.

Class Allocations Income, common expenses, and realized and unrealized gains (losses) are determined at the Fund level and allocated daily to each class of shares based on the net asset value of the class. Class-specific expenses, such as distribution and service (Rule 12b-1) fees, if any, are calculated daily for each class, based on the NAV of the class and the applicable specific expense rates.

358


SIGNIFICANT ACCOUNTING POLICIES, CONTINUED

Federal Income Taxes The Funds intend to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and
will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.

For federal income tax purposes, the Funds have a capital loss carryforward available, to offset future net realized capital gains. The following table details the capital loss
carryforward available as of August 31, 2009.
		CAPITAL LOSS CARRYFORWARDS
		EXPIRING AT AUGUST 31
Fund	2014	2015	2016	2017

Active Bond Fund	—	—	—	$2,990,983
All Cap Core Fund	—	—	—	161,190,786
All Cap Growth Fund	—	—	—	1,084,487
All Cap Value Fund	—	—	—	4,959,533
Blue Chip Growth Fund	—	—	$30,360	201,660,850
Capital Appreciation Fund	$21,055	$15,745,631	7,209,640	158,945,659
Emerging Markets Value Fund	—	—	—	4,431,750
Equity-Income Fund	—	—	—	77,245,378
Fundamental Value Fund	—	—	—	67,420,909
Global Bond Fund	—	—	—	28,473,982
Global Real Estate Fund	—	—	9,668,659	49,590,388
High Income Fund	—	—	—	6,152,875
High Yield Fund	—	—	991,060	66,823,008
Index 500 Fund	—	—	—	15,771,272
International Equity Index Fund	—	—	—	3,637,697
International Opportunities Fund	—	—	—	124,967,978
International Value Fund	—	—	—	15,012,374
Investment Quality Bond Fund	—	—	—	3,399,479
Large Cap Fund	—	—	—	40,144,744
Large Cap Value Fund	—	—	2,565,968	78,527,943
Mid Cap Index Fund	—	—	—	2,614,050
Mid Cap Stock Fund	—	—	—	84,455,365
Mid Cap Value Equity Fund	—	—	—	1,586,750
Optimized Value Fund	—	—	6,372,104	216,637,523
Real Estate Equity Fund	—	—	—	9,589,346
Real Estate Securities Fund	—	—	—	6,783,480
Real Return Bond Fund	—	—	—	10,772,813
Small Cap Growth Fund	—	—	—	1,399,542
Small Cap Index Fund	—	—	—	868,942
Small Cap Opportunities Fund	—	—	869,705	13,904,174
Small Company Growth Fund	—	—	—	14,620,860
Small Company Value Fund	—	—	—	7,019,758
Smaller Company Growth Fund	—	—	—	486,270
Spectrum Income Fund	—	—	—	16,131,303
Strategic Bond Fund	—	521,499	—	626,128
U.S. High Yield Bond Fund	—	—	469,396	13,647,086
U.S. Multi Sector Fund	—	—	3,502,461	108,759,462
Value Fund	—	—	—	2,323,653
Value & Restructuring Fund	—	—	1,288,503	52,994,469
Vista Fund	—	—	—	9,624,048

359

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED


As of August 31, 2009, the Funds have no uncertain tax positions that would require financial statement recognition, de-recognition or disclosure. The Funds’ federal tax
return is subject to examination by the Internal Revenue Service for a period of three years.

The costs of investments owned on February 28, 2010, including short-term investments, for federal income tax purposes, were as follows:

				Net Unrealized
	Aggregate	Unrealized	Unrealized	Appreciation
Fund	Cost	Appreciation	(Depreciation)	(Depreciation)

Active Bond Fund	$661,425,578	$40,905,457	($33,459,232)	$7,446,225
All Cap Core Fund	520,360,486	63,787,093	(15,214,317)	48,572,776
All Cap Growth Fund	89,495,804	6,380,915	(7,039,956)	(659,041)
All Cap Value Fund	400,055,077	61,461,850	(6,008,017)	55,453,833
Alpha Opportunities Fund	790,855,489	79,822,175	(26,795,425)	53,026,750
Alternative Asset Allocation Fund	1,061,719	298,300	0	298,300
Blue Chip Growth Fund	1,747,860,796	399,290,822	(59,290,758)	340,000,064
Capital Appreciation Fund	1,343,290,663	263,750,101	(50,490,876)	213,259,225
Core Bond Fund	529,023,663	11,822,382	(2,545,171)	9,277,211
Core Diversified Growth & Income Portfolio	18,916,632	1,050,888	(139,290)	911,598
Core Fundamental Holdings Portfolio	10,050,251	669,948	(176,853)	493,095
Core Global Diversification Portfolio	17,291,209	294,530	(253,100)	41,430
Emerging Markets Debt Fund	15,245,957	140,395	(72,153)	68,242
Emerging Markets Value Fund	1,016,945,965	313,534,604	(64,171,291)	249,363,313
Equity-Income Fund	973,950,649	82,342,297	(105,678,062)	(23,335,765)
Fundamental Value Fund	1,501,313,649	195,015,267	(65,618,873)	129,396,394
Global Agribusiness Fund	2,014,874	442,296	(52,685)	389,611
Global Bond Fund	765,270,206	19,394,523	(47,508,480)	(28,113,957)
Global Infrastructure Fund	2,051,455	263,439	(96,454)	166,985
Global Real Estate Fund	368,028,075	68,893,983	(97,128,984)	(28,235,001)
Global Timber Fund	1,964,514	586,887	(38,721)	548,166
High Income Fund	547,787,132	63,061,148	(125,509,913)	(62,448,765)
High Yield Fund	1,016,171,923	66,856,555	(88,974,019)	(22,117,464)
Index 500 Fund	1,929,183,742	350,543,325	(128,092,410)	222,450,915
International Equity Index Fund	404,205,184	50,825,198	(47,656,190)	3,169,008
International Opportunities Fund	797,385,891	112,923,371	(66,070,595)	46,852,776
International Small Cap Fund	258,456,700	48,669,494	(41,586,307)	7,083,187
International Small Company Fund	157,921,797	14,039,193	(41,850,971)	(27,811,778)
International Value Fund	1,352,614,395	102,026,164	(203,426,030)	(101,399,866)
Investment Quality Bond Fund	195,261,898	7,969,139	(2,295,729)	5,673,410
Large Cap Fund	282,724,227	34,535,355	(24,946,981)	9,588,374
Large Cap Value Fund	574,302,730	59,580,073	(36,635,274)	22,944,799
Mid Cap Index Fund	656,054,922	77,943,510	(44,416,846)	33,526,664
Mid Cap Stock Fund	834,956,674	144,217,734	(17,413,759)	126,803,975
Mid Cap Value Equity Fund	182,052,375	36,683,762	(10,268,548)	26,415,214
Mid Value Fund	327,418,256	61,407,887	(3,580,432)	57,827,455
Optimized Value	313,881,736	31,883,595	(24,904,752)	6,978,843
Real Estate Equity Fund	322,227,829	67,727,436	(81,552,155)	(13,824,719)
Real Estate Securities Fund	358,803,919	33,096,329	(11,997,442)	21,098,887
Real Return Bond Fund	1,348,835,336	42,606,451	(43,270,979)	(664,528)
Short Term Government Income Fund	32,029,122	227,812	(59,489)	168,323
Small Cap Growth Fund	100,876,889	25,824,941	(3,657,236)	22,167,705
Small Cap Index Fund	127,764,931	32,864,780	(18,260,796)	14,603,984
Small Cap Opportunities Fund	106,618,497	25,410,203	(7,634,371)	17,775,832
Small Cap Value Fund	81,714,258	19,541,080	(365,521)	19,175,559
Small Company Growth Fund	162,917,203	24,964,901	(10,461,337)	14,503,564
Small Company Value Fund	460,584,052	66,070,742	(49,134,204)	16,936,538
Smaller Company Growth Fund	185,000,554	35,751,904	(5,392,283)	30,359,621
Spectrum Income Fund	825,492,952	47,785,125	(23,307,181)	24,477,944
Strategic Bond Fund	321,379,858	9,178,723	(43,134,002)	(33,955,279)
Total Bond Market Fund	558,171,291	21,771,656	(1,895,950)	19,875,706
Total Return Fund	2,373,189,946	47,176,161	(48,088,146)	(911,985)
U.S. Government Securities Fund	176,031,659	1,995,922	(15,672,108)	(13,676,186)
U.S. High Yield Bond Fund	704,243,094	43,122,614	(8,527,234)	34,595,380
U.S. Multi Sector Fund	987,725,371	103,222,049	(60,315,610)	42,906,439
Value Fund	124,620,667	21,476,636	(2,530,744)	18,945,892
Value & Restructuring Fund	547,236,683	133,656,094	(40,114,889)	93,541,205
Vista Fund	277,444,574	44,290,975	(2,770,119)	41,520,856

360

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED

Distribution of Income and Gains Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-dividend date. The Funds generally declare and pay dividends and capital gain distributions, if any, annually, with the exception of Active Bond Fund, Core Bond Fund, Global Agribusiness Fund, Global Bond Fund, Global Infrastructure Fund, Global Timber Fund, High Income Fund, High Yield Fund, Investment Quality Bond Fund, Real Return Bond Fund, Spectrum Income Fund, Strategic Bond Fund, Total Bond Market Fund, Total Return Fund, U.S. Government Securities Fund and U.S. High Yield Bond Fund, which generally declare and pay dividends quarterly and capital gain distributions, if any, annually. The tax character of distributions for the year ended August 31, 2009 were as follows:


		2009 Distributions
	Ordinary	Long-Term	Return of
Fund	Income	Capital Gains	Capital	Total

Active Bond Fund	$34,012,348	—	—	$34,012,348
All Cap Core Fund	7,244,316	$41,865	—	7,286,181
All Cap Growth Fund	301,962	991,460	—	1,293,422
All Cap Value Fund	788,351	2,409,045	—	3,197,396
Alpha Opportunities Fund	268,998	—	—	268,998
Alternative Asset Allocation Fund	—	—	—	—
Blue Chip Growth Fund	4,364,440	—	—	4,364,440
Capital Appreciation Fund	3,933,896	—	—	3,933,896
Core Bond Fund	11,962,010	—	—	11,962,010
Core Diversified Growth & Income Portfolio	47,109	—	—	47,109
Core Fundamental Holdings Portfolio	29,345	—	—	29,345
Core Global Diversification Portfolio	34,804	—	—	34,804
Emerging Markets Value Fund	21,646,182	—	—	21,646,182
Equity-Income Fund	28,088,333	57,190,163	—	85,278,496
Fundamental Value Fund	14,461,431	—	—	14,461,431
Global Agribusiness Fund	9,038	—	—	9,038
Global Bond Fund	109,510,063	1,362,975	—	110,873,038
Global Infrastructure Fund	23,775	—	—	23,775
Global Real Estate Fund	16,836,266	—	—	16,836,266
Global Timber Fund	8,883	—	—	8,883
High Income Fund	57,336,025	—	—	57,336,025
High Yield Fund	150,285,305	—	—	150,285,305
Index 500 Fund	19,525,474	1,984	—	19,527,458
International Equity Index Fund	8,410,085	981,866	—	9,391,951
International Opportunities Fund	8,031,464	—	—	8,031,464
International Small Cap Fund	6,805,850	30,285,300	—	37,091,150
International Small Company Fund	5,873,880	6,624,270	—	12,498,150
International Value Fund	44,157,796	31,822,867	—	75,980,663
Investment Quality Bond Fund	9,719,801	—	—	9,719,801
Large Cap Fund	4,770,863	—	—	4,770,863
Large Cap Value Fund	7,889,477	—	—	7,889,477
Mid Cap Index Fund	3,808,357	5,520,714	—	9,329,071
Mid Cap Stock Fund	143,548	—	—	143,548
Mid Cap Value Equity Fund	922,845	2,028,270	—	2,951,115
Mid Value Fund	—	—	—	—
Optimized Value Fund	12,717,195	—	—	12,717,195
Real Estate Equity Fund	6,681,025	322,418	—	7,003,443
Real Estate Securities Fund	2,120,432	761,425	—	2,881,857
Real Return Bond Fund	111,080,688	5,659,800	—	116,740,488
Short Term Government Income Fund	—	—	—	—
Small Cap Growth Fund	—	—	—	—
Small Cap Index Fund	1,185,763	2,170,170	—	3,355,933
Small Cap Opportunities Fund	1,800,830	—	—	1,800,830
Small Cap Value Fund	—	—	—	—
Small Company Growth Fund	—	—	—	—
Small Company Value Fund	3,278,459	8,220,270	—	11,498,729
Smaller Company Growth Fund	—	—	—	—
Spectrum Income Fund	52,240,259	5,857,978	—	58,098,237
Strategic Bond Fund	26,511,961	—	—	26,511,961
Total Bond Market Fund	11,789,910	—	—	11,789,910
Total Return Fund	148,674,669	28,166,221	—	176,840,890
U.S. Government Securities Fund	13,254,827	3,296,755	—	16,551,582
U.S. High Yield Bond Fund	44,730,410	—	—	44,730,410
U.S. Multi Sector Fund	14,280,412	—	—	14,280,412
Value Fund	228,535	—	—	228,535
Value & Restructuring Fund	5,685,628	—	—	5,685,628
Vista Fund	159,644	14,136,624	—	14,296,268

361

SIGNIFICANT ACCOUNTING POLICIES, CONTINUED

Distributions paid by the Fund with respect to each series of shares are calculated in the same manner, at the same time and in the same amount, except for theeffectof expenses that may be applied differently to each class

3. DERIVATIVE INSTRUMENTS The Funds may invest in derivatives, including futures contract, forward foreign currency contracts, written and purchased options, and swap contracts, in order to meet its investment objectives. The Funds may use derivatives to manage against anticipated changes in securities markets, currency or interest rates, maintain diversification and liquidity, hedge or gain exposure to securities or indices, access certain securities markets, enhance potential gains, or manage duration.

The use of derivatives may involve risks different from, or potentially greater than, the risks associated with investing directly in securities. Specifically, derivatives expose a Fund to the risk that the counterparty to an over-the-counter (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. If the counterparty defaults, the Fund will have contractual remedies, but there is no assurance that the counterparty will meet its contractual obligations or the Fund will succeed in enforcing them.

For more information on regarding the Fund’s use of derivatives, please refer to the Fund’s Prospectus and Statement of Additional Information.

Futures A future is a contractual agreement to buy or sell a particular commodity, currency, or financial instrument at a pre-determined price in the future. Risks related to the use of futures contracts include possible illiquidity of the futures markets, contract prices that can be highly volatile and imperfectly correlated to movements in hedged security values and/or interest rates and potential losses in excess of the fund’s initial investment.

The following table summarizes the contracts held at February 28, 2010 and the range of futures contracts notional amounts held by the Funds during period ended February 28, 2010. In addition the table details how the Funds used futures contracts during the period ended February 28, 2010.


Active Bond Fund
The Fund used futures to manage duration of the Fund. During the period ended February 28, 2010, the Fund held futures contracts with total notional values ranging
from approximately $6.8 million to $9.4 million.
						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Active Bond Fund	U.S. Treasury 30-Year Bond Futures	10	Long	Jun 2010	$1,176,875	$14,425
	U.S. Treasury 5-Year Note Futures	27	Short	Jun 2010	(3,130,313)	(20,959)
	U.S. Treasury 10-Year Note Futures	21	Short	Jun 2010	(2,467,172)	(26,637)

						($33,171)

All Cap Core Fund

The Fund used futures to gain exposure to certain securities markets and hedge against anticipated interest rate changes.

During the period ended February 28, 2010, the Fund held futures contracts with total notional values ranging from approximately $9.0 million to $48.0 million.
						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

All Cap Core Fund	Russell 2000 Mini Index Futures	47	Long	Mar 2010	$2,951,130	($14,532)
	S&P 500 E Mini Index Futures	109	Long	Mar 2010	6,013,530	7,996

						($6,536)

Emerging Markets Debt Fund

The Fund used futures contracts to manage duration of the Fund. During the period ended February 28, 2010, the Fund held futures contracts with the total
notional value as represented below.
						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Emerging Markets Debt Fund	U.S. Treasury 10-Year Note Futures	10	Short	Jun 2010	($1,174,844)	($7,839)

						($7,839)

362

DERIVATIVE INSTRUMENTS, CONTINUED


Global Bond Fund

The Fund used futures contracts to enhance potential gain, manage duration of the Fund, hedge against anticipated interest rate changes, gain exposure to certain securi-
ties markets and maintain diversity and liquidity of the Fund. During the period ended February 28, 2010, the Fund held futures contracts with total notional values
ranging from approximately $37.3 million to $271.5 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Global Bond Fund	3-Month Canada Bankers’ Acceptance Futures	65	Long	Jun 2010	$15,361,980	$15,444
	3-Month EURIBOR Futures	267	Long	Jun 2010	90,185,753	63,113
	3-Year Australian Treasury Bond Futures	393	Long	Mar 2010	36,368,724	99,051
	10-Year Canada Government Bond Futures	93	Long	Jun 2010	10,533,872	101,369
	10-Year German Euro-BUND Futures	56	Long	Jun 2010	9,377,521	31,590
	10-Year Japan Government Bond Futures	22	Long	Mar 2010	34,634,926	118,971
	U.K. Long Gilt Bond Futures	62	Long	Jun 2010	10,815,097	108,322
	U.S. Treasury 10-Year Note Futures	394	Long	Jun 2010	46,288,844	349,500
	10-Year German Euro-BUND Futures	106	Short	Mar 2010	(17,962,481)	(64,951)

						$822,409

High Yield Fund

The Fund used futures contracts to hedge against anticipated interest rate changes.

During the period ended February 28, 2010, the Fund held futures contracts with total notional values as represented below.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

High Yield Fund	U.S. Treasury Long-Term Bond Futures	95	Long	Jun 2010	$11,690,937	$339,230
	U.S. Treasury 5-Year Note Futures	381	Short	Jun 2010	(44,172,187)	(334,402)

						$4,828

Index 500 Fund

The Fund used futures contracts to gain exposure to certain securities markets.

During the period ended February 28, 2010, the Fund held futures contracts with total notional values ranging from approximately $28.9 million to $72.0 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Index 500 Fund	S & P 500 Index Futures	261	Long	Mar 2010	$71,996,850	$57,391

						$57,391

International Equity Index Fund

The Fund used futures contracts to gain exposure to certain securities markets. During the period ended February 28, 2010, the Fund held futures contracts with total
notional values ranging from approximately $16.4 million to $18.0 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

International Equity Index Fund	ASX SPI 200 Index Futures	15	Long	Mar 2010	$1,546,954	($21,926)
	CAC 40 Index Futures	40	Long	Mar 2010	2,020,144	(72,432)
	DAX Index Futures	3	Long	Mar 2010	571,331	(24,186)
	FTSE 100 Index Futures	27	Long	Mar 2010	2,197,015	17,588
	FTSE JSE Top 40 Index Futures	20	Long	Mar 2010	618,556	(26,590)
	Hang Seng Index Futures	2	Long	Mar 2010	264,579	2,779
	IBEX 35 Index Futures	6	Long	Mar 2010	844,604	6,087
	MSCI Taiwan Index Futures	107	Long	Mar 2010	2,844,060	(48,052)
	OMX 30 Index Futures	52	Long	Mar 2010	692,867	13,511
	S&P TSE 60 Index Futures	18	Long	Mar 2010	2,325,870	4,680
	Topix Index Futures	41	Long	Mar 2010	4,111,768	(36,229)

						($184,770)

363

DERIVATIVE INSTRUMENTS, CONTINUED


Investment Quality Bond Fund

The Fund used futures contracts to enhance potential gain, manage duration of the Fund, hedge against anticipated interest rate changes and gain exposure to cer-
tain securities markets and maintain diversity and liquidity of the Fund. During the period ended February 28, 2010, the Fund held futures contracts with total notional
values ranging from approximately $11.7 million to $23.7 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Investment Quality Bond Fund	Australian Treasury 10-Year Bond Futures	68	Short	Mar 2010	($6,333,283)	$4,510
	U.S. Treasury 10-Year Note Futures	46	Short	Jun 2010	(5,404,281)	(16,642)

						($12,132)

Mid Cap Index Fund

The Fund used futures contracts to gain exposure to certain securities markets.
During the period ended February 28, 2010, the Fund held futures contracts with total notional values ranging from approximately $10.6 million to $17.0 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Mid Cap Index Fund	S & P MidCap 400 E Mini Index Futures	230	Long	Mar 2010	$16,967,100	$408,518

						$408,518

Real Return Bond Fund
The Fund used futures contracts to enhance potential gain, manage duration of the Fund, hedge against anticipated interest rate changes, gain exposure to certain
securities markets and maintain diversity and liquidity of the Fund. During the period ended February 28, 2010, the Fund held futures contracts with total notional
values ranging from approximately $336.3 million to $440.2 million.
						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Real Return Bond Fund	3-Month EURIBOR Futures	91	Long	Jun 2010	$30,737,466	$141,816
	3-Month Sterling Futures	66	Long	Dec 2010	12,433,671	9,301
	5-Year German Euro-BOBL Futures	387	Long	Mar 2010	62,344,476	1,098,334
	5-Year German Euro-BOBL Futures	102	Long	Jun 2010	16,227,711	14,052
	10-Year German Euro-BUND Futures	76	Long	Mar 2010	12,878,760	184,109
	10-Year German Euro-BUND Futures	46	Long	Jun 2010	7,702,964	22,168
	Eurodollar Futures	606	Long	Jun 2010	150,969,750	889,313
	Eurodollar Futures	173	Long	Sep 2010	43,027,263	61,663

						$2,420,756

Small Cap Index Fund
The Fund used futures contracts to gain exposure to certain securities markets.
During the period ended February 28, 2010, the Fund held futures contracts with total notional values ranging from approximately $0.3 million to $17.0 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Small Cap Index Fund	Russell 2000 Mini Index Futures	57	Long	Mar 2010	$3,579,030	$68,279

						$68,279

Smaller Company Growth Fund
The Fund used futures contracts to gain exposure to certain securities markets.
During the period ended February 28, 2010, the Fund held futures contracts with total notional values ranging from approximately $0.7 million to $1.4 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Smaller Company Growth Fund	Russell 2000 Mini Index Futures	18	Long	Mar 2010	$1,130,220	$11,104

						$11,104

364

DERIVATIVE INSTRUMENTS, CONTINUED


Spectrum Income Fund
The Fund used futures contracts to manage duration of the Fund, hedge against anticipated interest rate changes and manage exposure to foreign currencies. During the
period ended February 28, 2010, the Fund held futures contracts with total notional values ranging from approximately $19.9 million to $30.0 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Spectrum Income Fund	U.S. Treasury 10-Year Note Futures	1	Long	Jun 2010	$117,484	$141
	10-Year Canada Government Bond Futures	22	Short	Jun 2010	(2,491,884)	(24,045)
	Euro Currency Futures	6	Short	Mar 2010	(1,532,362)	90,007
	U.K. Long Gilt Bond Futures	5	Short	Jun 2010	(872,185)	(16,087)
	U.S. Treasury 2-Year Note Futures	14	Short	Jun 2010	(3,044,125)	(6,562)
	U.S. Treasury 10-Year Note Futures	100	Short	Jun 2010	(11,865,922)	(85,855)

						($42,401)

Strategic Bond Fund
The Fund used futures contracts to hedge against anticipated interest rate changes. During the period ended February 28, 2010, the Fund held futures contracts with
total notional values ranging from approximately $89.0 million to $181.2 million.
						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Strategic Bond Fund	Eurodollar Futures	51	Long	Mar 2010	$12,716,212	$120,411
	Eurodollar Futures	13	Long	Jun 2010	3,238,625	41,379
	Eurodollar Futures	14	Long	Sep 2010	3,481,975	40,538
	U.S. Treasury 5 -Year Note Futures	265	Long	Jun 2010	30,723,438	220,693
	U.S. Treasury Long-Term Bond Futures	89	Long	Jun 2010	10,952,563	253,781
	U.S. Treasury 10-Year Note Futures	14	Short	Mar 2010	(1,664,687)	(3,858)
	U.S. Treasury 10-Year Note Futures	223	Short	Jun 2010	(26,199,016)	(214,827)

						$458,117

Total Return Fund
The Fund used futures contracts to enhance potential gain, manage duration of the Fund, hedge against anticipated interest rate changes, gain exposure to certain
securities markets and maintain diversity and liquidity of the Fund. During the period ended February 28, 2010, the Fund held futures contracts with total notional
values ranging from approximately $935.0 million to $1.8 billion.
						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

Total Return Fund	3-Month EURIBOR Futures	68	Long	Mar 2010	$22,995,276	$241,680
	3-Month Sterling Futures	18	Long	Mar 2010	3,408,155	45,363
	3-Month Sterling Futures	162	Long	Jun 2010	30,645,608	106,444
	3-Month Sterling Futures	66	Long	Sep 2010	12,466,378	6,290
	3-Month Sterling Futures	57	Long	Dec 2010	10,738,171	8,596
	5-Year German Euro-BOBL Futures	663	Long	Mar 2010	106,807,203	1,500,976
	5-Year German Euro-BOBL Futures	181	Long	Jun 2010	28,796,233	(149,491)
	10-Year German Euro-BUND Futures	97	Long	Mar 2010	16,437,365	243,386
	10-Year German Euro-BUND Futures	57	Long	Jun 2010	9,544,977	27,505
	Eurodollar Futures	1159	Long	Mar 2010	288,982,163	3,500,250
	Eurodollar Futures	1788	Long	Jun 2010	445,435,500	1,787,431
	Eurodollar Futures	924	Long	Sep 2010	229,810,350	507,563
	Eurodollar Futures	963	Long	Dec 2010	238,811,963	946,188
	Eurodollar Futures	17	Long	Mar 2011	4,201,125	31,025
	Eurodollar Futures	17	Long	Jun 2011	4,185,400	31,450
	Eurodollar Futures	17	Long	Sep 2011	4,170,100	30,600
	Eurodollar Futures	17	Long	Dec 2011	4,155,438	29,538
	U.S. Treasury 2-Year Note Futures	169	Long	Mar 2010	36,913,297	152,563
	U.S. Treasury 2-Year Note Futures	1263	Long	Jun 2010	274,623,563	465,720
	U.S. Treasury 5-Year Note Futures	11	Long	Jun 2010	1,275,313	2,992
	U.S. Treasury 10-Year Note Futures	426	Long	Jun 2010	50,048,344	465,734

						$9,981,803

365

DERIVATIVE INSTRUMENTS, CONTINUED


U.S. Government Securities Fund
The Fund used futures contracts to hedge against anticipated interest rate changes. During the period ended February 28, 2010, the Fund held futures contracts with
total notional values ranging from approximately $63.0 million to $109.2 million.

						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

U.S. Government Securities Fund	Eurodollar Futures	8	Long	Jun 2010	$1,993,000	$30,264
	Eurodollar Futures	39	Long	Mar 2012	9,503,813	34,836
	U.S. Treasury 5-Year Note Futures	394	Long	Jun 2010	45,679,375	330,336
	U.S. Treasury Long-Term Bond Futures	4	Long	Jun 2010	492,250	14,831
	U.S. Treasury 10-Year Note Futures	4	Short	Mar 2010	(475,625)	(2,779)
	U.S. Treasury 10-Year Note Futures	41	Short	Jun 2010	(4,816,859)	(29,922)

						$377,566

U.S. Multi Sector Fund
The Fund used futures contracts to maintain diversity and liquidity of the Fund. During the period ended February 28, 2010, the Fund held futures contracts with
total notional values ranging from approximately $19.4 million to $32.4 million.
						UNREALIZED
		NUMBER		EXPIRATION	NOTIONAL	APPRECIATION
FUND	OPEN CONTRACTS	OF CONTRACTS	POSITION	DATE	VALUE	(DEPRECIATION)

U.S. Multi Sector Fund	S&P 500 E Mini Index Futures	588	Long	Mar 2010	$32,439,960	($65,756)

						($65,756)

Forward Foreign Currency Contracts A forward foreign currency contract is an agreement between two parties to buy and sell a specific currency at a price that is set on the date of the contract. The forward contract calls for delivery of the currency on a future date that is specified in the contract. Risks related to the use of forwards include the possible failure of counterparties to meet the terms of the forward agreement, the failure of the counterparties to timely post collateral, the risk that currency movements will not occur thereby reducing the fund’s total return, and the potential for losses in excess of the fund’s initial investment.

The following table summarizes the contracts held at February 28, 2010 and the range of contracts notional amounts held by the Funds during the period ended February 28, 2010. In addition the table details how the Funds used forward foreign currency contracts during the period ended February 28, 2010.


Alpha Opportunities Fund
The Fund used forward foreign currency contracts to hedge against anticipated currency exchange rate changes. During the period ended February 28, 2010, the
Fund held forward foreign currency contracts with total USD notional amounts as represented below.
		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

Alpha Opportunities Fund	BUYS

	Japanese Yen	15,263,000	$170,784	4/13/2010	$1,044
	Japanese Yen	145,386,000	1,637,211	4/13/2010	(481)
	Japanese Yen	88,358,000	969,795	7/20/2010	25,564

			$2,777,790		$26,127

	SELLS

	Japanese Yen	252,314,000	$2,801,994	4/13/2010	($38,513)
	Japanese Yen	79,425,000	886,242	6/23/2010	(8,309)
	Japanese Yen	88,358,000	962,327	7/20/2010	(33,032)
	Japanese Yen	84,878,000	925,858	8/20/2010	(30,516)

			$5,576,421		($110,370)


Emerging Markets Debt Fund
The Fund used forward foreign currency contracts to hedge against anticipated currency exchange rate changes. During the period ended February 28, 2010, the
Fund held forward foreign currency contracts with the total USD notional amount as represented below.
		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

Emerging Markets Debt Fund	SELLS

	Japanese Yen	17,859,700	$200,000	3/31/2010	($1,047)

			$200,000		($1,047)

366

DERIVATIVE INSTRUMENTS, CONTINUED


Global Bond Fund

The Fund used forward foreign currency contracts to enhance potential gain, hedge against anticipated currency exchange rate changes, gain exposure to foreign curren-
cies and to maintain diversity and liquidity of the Fund. During the period ended February 28, 2010, the Fund held foreign forward currency contracts with total USD
notional amounts ranging from approximately $371.7 million to $539.3 million.
		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Global Bond Fund	BUYS

	Brazilian Real	7,783,821	$4,444,850	4/5/2010	($165,321)
	Brazilian Real	1,349,139	713,000	4/5/2010	28,754
	Brazilian Real	1,303,278	688,000	4/5/2010	28,540
	Chilean Peso	11,892,800	24,182	1/12/2011	(1,337)
	Chinese Yuan Renminbi	4,691,609	688,000	3/16/2010	(806)
	Chinese Yuan Renminbi	2,693,645	397,000	3/16/2010	(2,454)
	Chinese Yuan Renminbi	6,521,690	1,057,000	5/17/2010	(101,926)
	Chinese Yuan Renminbi	7,353,720	1,188,000	5/17/2010	(111,079)
	Chinese Yuan Renminbi	14,650,396	2,162,000	6/7/2010	(16,365)
	Chinese Yuan Renminbi	9,277,713	1,369,000	6/7/2010	(10,225)
	Chinese Yuan Renminbi	8,863,910	1,342,000	11/16/2010	(39,167)
	Chinese Yuan Renminbi	17,373,551	2,583,428	11/17/2010	(29,728)
	Chinese Yuan Renminbi	1,101,161	166,000	11/17/2010	(4,143)
	Chinese Yuan Renminbi	1,121,146	169,000	11/17/2010	(4,205)
	Chinese Yuan Renminbi	2,206,548	332,336	11/17/2010	(8,001)
	Chinese Yuan Renminbi	8,149,566	1,236,000	11/17/2010	(38,113)
	Chinese Yuan Renminbi	13,851,583	2,064,319	11/17/2010	(28,306)
	Chinese Yuan Renminbi	12,461,799	1,870,000	1/10/2011	(33,253)
	Chinese Yuan Renminbi	21,261,657	3,187,000	1/10/2011	(53,241)
	Chinese Yuan Renminbi	8,914,448	1,337,000	1/10/2011	(23,098)
	Chinese Yuan Renminbi	6,108,610	920,000	1/10/2011	(19,651)
	Chinese Yuan Renminbi	2,747,745	427,000	6/15/2011	(16,886)
	Danish Krone	24,595,000	4,672,673	3/23/2010	(173,984)
	Euro	5,481,000	7,961,454	3/17/2010	(498,414)
	Euro	2,401,000	3,292,705	4/26/2010	(23,657)
	Euro	497,000	676,418	4/26/2010	265
	Euro	242,000	327,341	4/26/2010	2,150
	Indonesian Rupiah	12,406,800,000	1,176,000	9/17/2010	104,473
	Indonesian Rupiah	3,616,010,000	370,000	11/24/2010	(129)
	Indonesian Rupiah	3,502,800,000	360,000	11/24/2010	(1,709)
	Indonesian Rupiah	1,635,840,000	171,922	11/24/2010	(4,597)
	Indonesian Rupiah	3,361,850,000	350,187	11/24/2010	(6,314)
	Japanese Yen	18,015,484,000	200,869,732	3/16/2010	1,917,459
	Japanese Yen	72,034,000	789,328	3/16/2010	21,506
	Malaysian Ringgit	2,812	820	6/14/2010	1
	Malaysian Ringgit	19,866	5,802	10/12/2010	(29)
	Malaysian Ringgit	8,598	2,507	10/12/2010	(9)
	Mexican Peso	106,417	8,248	4/22/2010	32
	Mexican Peso	57,159	4,318	4/22/2010	130
	Mexican Peso	39,851,029	2,970,411	4/22/2010	130,473
	Norwegian Krone	27,154,000	4,685,278	3/23/2010	(94,457)
	Norwegian Krone	4,017,000	683,924	3/23/2010	(4,785)
	Philippine Peso	762,295	16,202	4/16/2010	250
	Pound Sterling	13,947,000	22,361,606	3/25/2010	(1,098,621)
	Pound Sterling	3,252,000	5,172,796	3/25/2010	(214,939)
	Pound Sterling	3,174,000	5,163,470	3/25/2010	(324,529)
	Pound Sterling	77,000	125,808	3/25/2010	(8,417)
	Pound Sterling	668,000	1,063,737	3/25/2010	(45,333)
	Pound Sterling	1,554,000	2,428,383	3/25/2010	(59,223)
	South Korean Won	326,948,000	278,017	3/8/2010	3,877
	South Korean Won	319,110,000	271,583	3/8/2010	3,554
	South Korean Won	319,554,000	272,193	3/8/2010	3,327
	South Korean Won	276,000,000	232,911	7/28/2010	5,821
	South Korean Won	547,312,545	461,277	7/28/2010	12,133
	South Korean Won	454,668,000	384,448	7/28/2010	8,827
	South Korean Won	1,088,298,000	924,402	8/27/2010	17,743
	South Korean Won	94,541,200	80,069	11/12/2010	1,847
	South Korean Won	724,877,000	618,019	11/12/2010	10,053
	South Korean Won	1,058,604,490	909,108	11/12/2010	8,123
	South Korean Won	151,138,000	130,000	11/12/2010	954
	South Korean Won	82,110,000	70,000	11/12/2010	1,144

367

DERIVATIVE INSTRUMENTS, CONTINUED


		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Global Bond Fund, continued	BUYS

	South Korean Won	791,491,500	$690,000	11/12/2010	($4,210)
	South Korean Won	402,885,000	350,000	11/12/2010	(919)
	Swedish Krona	25,472,000	3,539,548	3/23/2010	33,208
	Taiwan Dollar	166,185	5,228	6/10/2010	2
	Taiwan Dollar	195,300	6,140	6/10/2010	7
	Taiwan Dollar	214,735	6,767	6/10/2010	(8)
	Taiwan Dollar	27,000	863	10/12/2010	(5)
	Taiwan Dollar	79,805	2,546	10/12/2010	(9)

			$303,309,304		($926,949)

	SELLS

	Australian Dollar	32,327,943	$28,656,297	4/1/2010	($225,912)
	Brazilian Real	6,898,031	3,683,000	4/5/2010	(109,523)
	Brazilian Real	3,386,344	1,838,000	4/5/2010	(23,805)
	Canadian Dollar	10,468,000	10,039,321	4/6/2010	90,810
	Chinese Yuan Renminbi	1,128,717	166,000	3/16/2010	673
	Chinese Yuan Renminbi	4,049,989	596,000	3/16/2010	2,786
	Chinese Yuan Renminbi	2,206,548	324,373	3/16/2010	1,174
	Chinese Yuan Renminbi	13,875,410	1,932,508	5/17/2010	(99,487)
	Chinese Yuan Renminbi	3,446,070	510,000	6/7/2010	5,303
	Chinese Yuan Renminbi	6,215,330	920,000	6/7/2010	9,729
	Chinese Yuan Renminbi	9,649,710	1,445,000	11/17/2010	26,611
	Chinese Yuan Renminbi	4,622,560	692,000	11/17/2010	12,540
	Euro	547,000	739,047	3/4/2010	(5,774)
	Euro	38,073,000	54,672,828	3/23/2010	2,832,319
	Euro	1,219,000	1,674,265	4/26/2010	14,553
	Euro	9,546,000	13,085,572	4/26/2010	88,351
	Euro	7,433,000	10,176,343	4/26/2010	56,047
	Euro	2,641,000	3,691,797	4/26/2010	95,981
	Euro	31,907,000	45,188,608	4/26/2010	1,746,086
	Euro	1,603,000	2,209,174	4/26/2010	26,633
	Euro	952,000	1,327,148	4/26/2010	30,966
	Indian Rupee	304,865	6,257	3/25/2010	(344)
	Japanese Yen	60,000,000	666,824	3/16/2010	(8,552)
	Japanese Yen	447,811,000	4,909,589	3/16/2010	(131,093)
	Japanese Yen	659,425,000	7,250,046	4/16/2010	(173,778)
	Japanese Yen	1,561,450,000	17,054,217	8/24/2010	(540,147)
	Mexican Peso	7,585,684	580,500	4/22/2010	(9,756)
	Mexican Peso	13,551,709	1,036,000	4/22/2010	(18,484)
	New Zealand Dollar	59,000	40,740	4/1/2010	(372)
	Norwegian Krone	1,112,000	190,783	3/23/2010	2,782
	Norwegian Krone	2,630,000	449,973	3/23/2010	5,329
	Norwegian Krone	8,358,000	1,464,633	3/23/2010	51,578
	Norwegian Krone	3,857,000	653,893	3/23/2010	1,805
	Norwegian Krone	14,544,000	2,529,214	3/23/2010	70,317
	Pound Sterling	223,000	352,024	3/25/2010	12,048
	Pound Sterling	509,000	826,046	3/25/2010	50,047
	Pound Sterling	169,000	272,802	3/25/2010	15,152
	Pound Sterling	2,484,000	4,030,989	3/25/2010	243,991
	Pound Sterling	958,000	1,559,886	3/25/2010	99,361
	Pound Sterling	1,008,000	1,629,283	3/25/2010	92,530
	Pound Sterling	497,000	808,016	3/25/2010	50,311
	Singapore Dollar	5,454	3,930	3/17/2010	50
	South African Rand	92,876	11,779	7/28/2010	81
	South Korean Won	471,872,000	404,000	3/8/2010	(2,848)
	South Korean Won	493,740,000	422,000	3/8/2010	(3,702)
	South Korean Won	1,028,567,500	881,000	7/28/2010	(8,682)
	South Korean Won	1,542,443,500	1,322,000	7/28/2010	(12,171)
	South Korean Won	1,415,874,250	1,213,000	8/27/2010	(12,729)
	South Korean Won	598,671,000	513,000	8/27/2010	(5,272)
	South Korean Won	326,948,000	276,139	11/12/2010	(7,147)
	South Korean Won	319,110,000	269,689	11/12/2010	(6,804)
	South Korean Won	755,636,000	640,282	11/12/2010	(14,441)
	Swedish Krona	1,161,082	165,000	3/23/2010	2,144

			$236,000,815		$4,317,265

368

DERIVATIVE INSTRUMENTS, CONTINUED


High Income Fund

The Fund used forward foreign currency contracts to hedge against anticipated currency exchange rate changes. During the period ended February 28, 2010, the Fund
held foreign forward currency contracts with total USD notional amounts ranging from approximately $1.2 million to $6.5 million.

		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

High Income Fund	SELLS

	Canadian Dollar	880,000	$831,703	3/31/2010	($4,632)
	Pound Sterling	255,000	410,996	3/31/2010	22,250

			$1,242,699		$17,618

High Yield Fund
The Fund used forward foreign currency contracts to hedge against anticipated currency exchange rate changes. During the period ended February 28, 2010 the
Fund held forward foreign currency exchange contracts with the total USD notional amount as represented below.

		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

High Yield Fund	SELLS

	Euro	2,008,733	$2,733,242	5/18/2010	($1,617)

			$2,733,242		($1,617)

International Equity Index Fund
The Fund used forward foreign currency contracts to gain exposure to foreign currencies. During the period ended February 28, 2010, the Fund held foreign
forward currency contracts with total USD notional amounts ranging from approximately $11.4 million to $13.3 million.

		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

International Equity Index Fund	BUYS

	Australian Dollar	1,500,000	$1,307,408	3/31/2010	$32,851
	Canadian Dollar	1,800,000	1,712,932	3/31/2010	(2,246)
	Euro	2,300,000	3,296,958	3/31/2010	(165,296)
	Hong Kong Dollar	2,000,000	258,149	3/31/2010	(436)
	Japanese Yen	300,000,000	3,284,878	3/31/2010	92,234
	Pound Sterling	1,000,000	1,597,500	3/31/2010	(73,008)
	Swedish Krona	3,800,000	522,296	3/31/2010	10,708

			$11,980,121		($105,193)

Investment Quality Bond Fund
The Fund used forward foreign currency contracts to enhance potential gain, hedge against anticipated currency exchange rate changes and gain exposure to
foreign currencies. During the period ended February 28, 2010, the Fund held foreign forward currency contracts with total USD notional amounts ranging from
approximately $9.7 million to $20.4 million.
		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

Investment Quality Bond Fund	BUYS

	Brazilian Real	993,000	$553,203	3/17/2010	($5,284)
	Brazilian Real	992,000	547,856	3/17/2010	(489)
	Brazilian Real	675,000	382,003	3/17/2010	(9,551)
	Euro	769,000	1,058,075	3/17/2010	(10,989)
	Indian Rupee	39,622,000	856,766	3/31/2010	875
	Indian Rupee	39,623,000	856,010	3/31/2010	1,652
	Mexican Peso	12,521,000	954,058	3/17/2010	24,211
	Mexican Peso	5,290,000	404,604	3/17/2010	8,705
	Mexican Peso	14,994,000	1,148,890	3/17/2010	22,596
	Pound Sterling	1,360,000	2,208,429	3/17/2010	(134,918)
	Pound Sterling	230,000	372,103	3/17/2010	(21,435)
	Pound Sterling	230,000	372,474	3/17/2010	(21,806)
	South Korean Won	919,500,000	788,188	3/17/2010	4,698
	South Korean Won	919,500,000	794,728	3/17/2010	(1,842)
	Swedish Krona	2,646,000	371,462	3/17/2010	(333)

369

DERIVATIVE INSTRUMENTS, CONTINUED


		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

Investment Quality Bond Fund,
continued	BUYS

	Swedish Krona	2,646,000	$371,280	3/17/2010	($151)
	Swedish Krona	2,606,000	365,667	3/17/2010	(149)

			$12,405,796		($144,210)

	SELLS

	Brazilian Real	2,148,000	$1,209,459	3/17/2010	$24,233
	Euro	769,000	1,131,276	3/17/2010	84,190
	Japanese Yen	173,050,000	1,924,715	3/17/2010	(23,192)
	Japanese Yen	70,850,000	786,654	3/17/2010	(10,856)
	Japanese Yen	135,250,000	1,507,183	3/17/2010	(15,235)
	Japanese Yen	33,050,000	365,432	3/17/2010	(6,590)
	Swedish Krona	7,898,000	1,082,291	3/17/2010	(25,486)

			$8,007,010		$27,064

Mid Cap Stock Fund
The Fund used forward foreign currency contracts to hedge against anticipated currency exchange rate changes. During the period ended February 28, 2010 the
Fund held forward foreign currency contracts with total USD notional amounts as represented below.

		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Mid Cap Stock Fund	BUYS

	Japanese Yen	88,496,000	$996,565	4/13/2010	($293)
	Japanese Yen	307,412,000	3,410,359	4/13/2010	50,433
	Japanese Yen	140,665,000	1,564,561	4/13/2010	19,021

			$5,971,485		$69,161

	SELLS

	Japanese Yen	1,388,828,000	$15,362,547	4/13/2010	($272,638)

			$15,362,547		($272,638)

Real Return Bond Fund
The Fund used forward foreign currency contracts to enhance potential gain, hedge against anticipated currency exchange rate changes, gain exposure to foreign
currencies and to maintain diversity and liquidity of the Fund. During the period ended February 28, 2010, the Fund held foreign forward currency contracts with
total USD notional amounts ranging from approximately $45.4 million to $90.3 million.

		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Real Return Bond Fund	BUYS

	Brazilian Real	915,000	$522,499	4/5/2010	($19,434)
	Canadian Dollar	407,242	385,222	4/6/2010	1,810
	Chinese Yuan Renminbi	1,856,775	273,800	3/29/2010	(1,877)
	Chinese Yuan Renminbi	3,238,505	478,356	3/29/2010	(4,080)
	Chinese Yuan Renminbi	1,527,578	226,140	3/29/2010	(2,428)
	Chinese Yuan Renminbi	6,549,653	970,588	3/29/2010	(11,398)
	Chinese Yuan Renminbi	1,469,600	217,300	3/29/2010	(2,079)
	Chinese Yuan Renminbi	13,700	2,027	3/29/2010	(21)
	Chinese Yuan Renminbi	8,892,425	1,311,000	6/7/2010	(8,653)
	Chinese Yuan Renminbi	3,728,007	548,721	6/7/2010	(2,732)
	Chinese Yuan Renminbi	1,601,334	236,359	6/7/2010	(1,835)
	Chinese Yuan Renminbi	11,576,874	1,707,000	6/7/2010	(11,500)
	Chinese Yuan Renminbi	13,506,000	2,000,000	6/7/2010	(21,968)
	Chinese Yuan Renminbi	2,752,903	415,000	11/17/2010	(10,357)
	Chinese Yuan Renminbi	7,103,518	1,072,124	11/17/2010	(27,994)
	Chinese Yuan Renminbi	2,792,374	422,000	11/17/2010	(11,555)
	Chinese Yuan Renminbi	1,698,150	256,000	11/23/2010	(6,331)
	Chinese Yuan Renminbi	5,578,020	840,000	1/10/2011	(17,855)
	Chinese Yuan Renminbi	9,959,700	1,500,000	1/10/2011	(32,038)

370

DERIVATIVE INSTRUMENTS, CONTINUED


		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

Real Return Bond Fund, continued	BUYS

	Euro	11,000	$15,370	4/26/2010	($393)
	Malaysian Ringgit	4,795	1,399	6/14/2010	2
	Malaysian Ringgit	34,327	$10,025	10/12/2010	($50)
	Malaysian Ringgit	14,857	4,332	10/12/2010	(15)
	Mexican Peso	121,954,791	9,189,499	4/22/2010	300,033
	Mexican Peso	19,669,500	1,500,000	4/22/2010	30,521
	Pound Sterling	3,258,000	5,216,882	3/25/2010	(249,878)
	Singapore Dollar	4,262,790	3,000,000	6/16/2010	30,350
	Singapore Dollar	1,122,012	788,816	6/16/2010	8,804
	Singapore Dollar	13,992,017	9,940,000	6/16/2010	6,704
	Singapore Dollar	2,600,604	1,840,000	6/16/2010	8,729

			$44,890,459		($57,518)

	SELLS

	Australian Dollar	125,305	$111,073	4/1/2010	($876)
	Canadian Dollar	8,430,000	8,084,780	4/6/2010	73,131
	Chinese Yuan Renminbi	1,736,944	256,000	3/29/2010	1,626
	Chinese Yuan Renminbi	2,815,983	415,000	3/29/2010	2,602
	Chinese Yuan Renminbi	7,239,614	1,066,650	3/29/2010	6,415
	Chinese Yuan Renminbi	2,863,270	422,000	3/29/2010	2,677
	Chinese Yuan Renminbi	5,675,880	840,000	6/7/2010	8,735
	Chinese Yuan Renminbi	10,133,700	1,500,000	6/7/2010	15,861
	Euro	1,135,686	1,537,914	3/4/2010	(8,488)
	Euro	94,536	128,407	3/5/2010	(317)
	Euro	2,574,000	3,562,349	4/26/2010	57,756
	Euro	4,066,000	5,556,417	4/26/2010	20,412
	Euro	2,921,000	4,061,104	4/26/2010	84,058
	Euro	4,718,000	6,681,915	4/26/2010	258,189
	Euro	2,494,000	3,496,022	4/26/2010	100,352
	Japanese Yen	5,707,000	63,482	3/16/2010	(758)
	Philippine Peso	2,133,808	45,352	4/16/2010	(701)
	Pound Sterling	840,230	1,281,573	3/4/2010	408
	Pound Sterling	3,347,000	5,434,909	3/25/2010	332,219
	Swiss Franc	915,000	881,430	3/23/2010	29,559

			$45,426,377		$982,860

Spectrum Income Fund
The Fund used forward foreign currency contracts to hedge against anticipated currency exchange rate changes, gain exposure to foreign currencies, to maintain
diversity and liquidity of the Fund and for risk management. During the period ended February 28, 2010, the Fund held foreign forward currency contracts with
total USD notional amounts ranging from approximately $38.5 million to $106.7 million.

		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Spectrum Income Fund	BUYS

	Australian Dollar	664,221	$584,694	5/18/2010	$5,744
	Brazilian Real	394,638	219,000	3/17/2010	(1,246)
	Brazilian Real	600,000	329,580	4/5/2010	299
	Chinese Yuan Renminbi	19,777,000	2,927,301	7/21/2010	(30,094)
	Chinese Yuan Renminbi	15,580,000	2,367,781	11/16/2010	(77,806)
	Chinese Yuan Renminbi	16,617,000	2,483,588	12/22/2010	(36,933)
	Czech Koruna	3,079,280	160,429	5/18/2010	1,187
	Euro	62,000	84,708	3/9/2010	(287)
	Euro	297,063	402,000	5/18/2010	2,446
	Hungarian Forint	6,290,068	30,988	5/18/2010	447
	Indian Rupee	87,960,000	1,928,744	4/12/2010	(26,752)
	Indian Rupee	66,423,760	1,456,000	4/20/2010	(20,803)
	Indian Rupee	45,000,000	963,391	5/11/2010	7,134
	Indian Rupee	35,686,440	764,000	5/18/2010	5,270
	Israeli Shekel	1,970,000	519,542	3/16/2010	1,655
	Japanese Yen	277,471,613	3,082,994	5/18/2010	41,373
	Malaysian Ringgit	3,316,433	975,143	3/22/2010	(2,120)
	Malaysian Ringgit	1,665,000	483,730	5/11/2010	3,563
	Mexican Peso	1,780,000	136,783	4/8/2010	1,954

371

DERIVATIVE INSTRUMENTS, CONTINUED


		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)

Spectrum Income Fund, continued	BUYS

	Mexican Peso	2,619,011	$202,000	4/21/2010	$1,815
	Norwegian Krone	3,076,768	534,194	3/18/2010	(13,898)
	Norwegian Krone	2,648,270	462,981	4/8/2010	(15,576)
	Norwegian Krone	6,240,911	1,048,112	5/18/2010	4,198
	Polish Zloty	349,942	117,292	5/18/2010	2,815
	Pound Sterling	300,000	486,864	4/8/2010	(29,542)
	Russian Ruble	32,000,000	1,045,752	5/11/2010	15,089
	Russian Ruble	26,696,280	872,000	5/18/2010	12,335
	Singapore Dollar	293,292	208,259	5/18/2010	263
	South Korean Won	690,000,000	591,361	3/16/2010	3,619
	South Korean Won	468,950,000	417,587	4/12/2010	(13,067)
	South Korean Won	1,044,345,420	918,000	4/15/2010	(17,098)
	South Korean Won	375,000,000	322,054	4/30/2010	1,513
	South Korean Won	1,599,182,900	1,376,000	5/18/2010	4,491
	Swedish Krona	7,231,320	1,020,842	4/8/2010	(6,530)
	Swedish Krona	8,017,548	1,106,876	5/18/2010	17,812
	Swiss Franc	1,055,163	978,861	5/18/2010	3,893
	Taiwan Dollar	7,100,000	222,014	3/22/2010	(285)
	Taiwan Dollar	21,385,000	679,104	4/8/2010	(10,310)
	Taiwan Dollar	18,510,000	582,809	5/24/2010	(1,117)
	Taiwan Dollar	16,385,600	532,000	11/16/2010	(9,864)

			$33,625,358		($174,413)

	SELLS

	Australian Dollar	960,000	$838,512	3/23/2010	($19,966)
	Brazilian Real	2,998,163	1,644,000	4/5/2010	(4,384)
	Brazilian Real	2,249,000	1,273,860	4/8/2010	38,063
	Brazilian Real	2,713,552	1,448,000	5/4/2010	(35,731)
	Canadian Dollar	729,407	695,229	5/18/2010	2,062
	Chinese Yuan Renminbi	19,777,000	2,915,672	7/21/2010	18,464
	Danish Krone	570,207	104,017	5/18/2010	(208)
	Euro	4,098,125	5,846,971	3/9/2010	266,816
	Euro	45,000	65,831	3/16/2010	4,558
	Euro	365,000	534,194	3/18/2010	37,203
	Euro	959,000	1,372,933	4/8/2010	67,182
	Euro	610,000	850,450	5/4/2010	19,924
	Euro	771,000	1,055,871	5/11/2010	6,154
	Euro	2,471,488	3,374,665	5/18/2010	9,770
	Israeli Shekel	1,970,000	516,288	3/16/2010	(4,909)
	Japanese Yen	76,500,000	845,005	3/23/2010	(16,127)
	Japanese Yen	53,175,000	589,916	4/26/2010	(8,765)
	Japanese Yen	16,289,745	183,000	5/18/2010	(425)
	Malaysian Ringgit	928,717	272,000	3/22/2010	(480)
	Mexican Peso	17,645,000	1,368,816	4/8/2010	(6,475)
	Mexican Peso	11,902,680	929,606	4/21/2010	3,326
	Mexican Peso	8,291,760	635,822	5/18/2010	(7,329)
	Pound Sterling	277,270	423,000	5/18/2010	443
	Pound Sterling	73,856	115,619	5/18/2010	3,063
	South African Rand	1,201,504	153,238	5/18/2010	(106)

			$28,052,515		$372,123

Strategic Bond Fund
The Fund used forward foreign currency contracts to hedge against anticipated currency exchange rate changes. During the period ended February 28, 2010, the
Fund held forward foreign currency exchange contracts with total USD notional amounts as represented below.
		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Strategic Bond Fund	SELLS

	Euro	566,232	$784,297	5/18/2010	$13,380
	Japanese Yen	433,476,230	4,765,779	5/18/2010	(115,220)

			$5,550,076		($101,840)

372

DERIVATIVE INSTRUMENTS, CONTINUED


Total Return Fund

The Fund used forward foreign currency contracts to enhance potential gain, hedge against anticipated currency exchange rate changes, gain exposure to foreign
currencies and to maintain diversity and liquidity of the Fund. During the period ended February 28, 2010, the Fund held foreign forward currency contracts with
total USD notional amounts ranging from approximately $48.9 million to $176.0 million.
		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Total Return Fund	BUYS

	Australian Dollar	3,849,566	$3,412,352	4/1/2010	$26,901
	Brazilian Real	6,121,571	3,495,644	4/5/2010	(130,016)
	Chinese Yuan Renminbi	2,096,807	310,500	3/29/2010	(3,425)
	Chinese Yuan Renminbi	2,101,712	310,500	3/29/2010	(2,706)
	Chinese Yuan Renminbi	12,801,390	1,893,000	3/29/2010	(18,249)
	Chinese Yuan Renminbi	1,628,515	245,000	8/25/2010	(6,384)
	Chinese Yuan Renminbi	2,048,662	308,000	8/25/2010	(7,822)
	Chinese Yuan Renminbi	16,478,674	2,462,500	8/25/2010	(47,979)
	Chinese Yuan Renminbi	37,882,425	5,632,500	8/25/2010	(81,817)
	Chinese Yuan Renminbi	12,688,822	1,887,000	8/25/2010	(27,783)
	Chinese Yuan Renminbi	3,190,714	481,000	11/17/2010	(12,004)
	Chinese Yuan Renminbi	8,238,466	1,243,420	11/17/2010	(32,466)
	Chinese Yuan Renminbi	3,242,330	490,000	11/17/2010	(13,417)
	Chinese Yuan Renminbi	1,970,121	297,000	11/23/2010	(7,345)
	Indonesian Rupiah	2,034,000,000	200,000	10/7/2010	9,370
	Indonesian Rupiah	14,242,773,500	1,410,000	10/7/2010	56,079
	Indonesian Rupiah	2,034,000,000	200,000	10/7/2010	9,370
	Indonesian Rupiah	4,171,986,000	420,000	10/7/2010	9,443
	Indonesian Rupiah	1,661,410,000	170,000	11/24/2010	(59)
	Indonesian Rupiah	1,556,800,000	160,000	11/24/2010	(760)
	Indonesian Rupiah	765,690,000	80,472	11/24/2010	(2,152)
	Indonesian Rupiah	1,500,100,000	156,254	11/24/2010	(2,813)
	Malaysian Ringgit	2,329,590	670,000	6/14/2010	10,678
	Malaysian Ringgit	2,329,255	670,000	6/14/2010	10,580
	Malaysian Ringgit	221,936	64,761	6/14/2010	86
	Malaysian Ringgit	480,312	140,000	10/12/2010	(424)
	Malaysian Ringgit	3,175,657	930,000	10/12/2010	(7,170)
	Malaysian Ringgit	1,538,260	449,258	10/12/2010	(2,247)
	Malaysian Ringgit	187,136	54,567	10/12/2010	(186)
	Mexican Peso	14,649,213	1,097,813	4/22/2010	42,070
	Mexican Peso	3,214,625	250,000	4/22/2010	136
	Philippine Peso	11,525,000	250,000	4/16/2010	(1,262)
	Pound Sterling	1,272,000	2,036,794	3/25/2010	(97,558)
	Singapore Dollar	426,346	307,000	3/17/2010	(3,743)
	Singapore Dollar	323,000	232,074	3/17/2010	(2,326)
	Singapore Dollar	174,254	125,264	3/17/2010	(1,318)
	Singapore Dollar	284,186	200,000	6/16/2010	2,023
	Singapore Dollar	554,493	399,433	6/16/2010	(5,252)
	Singapore Dollar	197,547	140,000	6/16/2010	433
	Singapore Dollar	155,471	110,000	6/16/2010	522
	South Korean Won	143,000,000	120,675	7/28/2010	3,016
	South Korean Won	284,171,817	239,501	7/28/2010	6,300
	South Korean Won	236,088,000	199,626	7/28/2010	4,583
	South Korean Won	1,896,158,000	1,591,137	8/27/2010	50,376
	South Korean Won	565,103,000	479,999	8/27/2010	9,213
	South Korean Won	281,786,500	238,650	11/12/2010	5,504
	South Korean Won	489,592,000	417,058	11/12/2010	7,150
	South Korean Won	1,325,530,433	1,138,965	11/12/2010	9,545
	South Korean Won	232,520,000	200,000	11/12/2010	1,468
	South Korean Won	117,300,000	100,000	11/12/2010	1,635
	South Korean Won	919,211,000	800,000	11/12/2010	(3,547)
	South Korean Won	448,929,000	390,000	11/12/2010	(1,024)
	Taiwan Dollar	5,507,997	173,289	6/10/2010	75
	Taiwan Dollar	6,471,100	203,455	6/10/2010	223
	Taiwan Dollar	7,116,277	224,241	6/10/2010	(255)
	Taiwan Dollar	892,000	28,521	10/12/2010	(167)
	Taiwan Dollar	2,647,946	84,464	10/12/2010	(293)

			$40,021,687		($247,190)

373

DERIVATIVE INSTRUMENTS, CONTINUED


		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Total Return Fund, continued	SELLS

	Canadian Dollar	2,801,000	$2,686,295	4/6/2010	$24,299
	Chinese Yuan Renminbi	2,015,127	297,000	3/29/2010	1,887
	Chinese Yuan Renminbi	3,263,826	481,000	3/29/2010	3,016
	Chinese Yuan Renminbi	8,396,307	1,237,071	3/29/2010	7,440
	Chinese Yuan Renminbi	3,324,650	490,000	3/29/2010	3,108
	Euro	10,750,000	15,437,000	3/23/2010	799,712
	Euro	4,056,000	5,510,672	4/26/2010	(11,717)
	Euro	9,242,000	12,584,027	4/26/2010	714
	Euro	10,459,000	14,275,881	4/26/2010	35,578
	Euro	2,164,000	3,064,787	4/26/2010	118,423
	Euro	4,022,000	5,504,677	4/26/2010	28,580
	Japanese Yen	372,464,000	4,143,092	3/16/2010	(49,464)
	Japanese Yen	5,180,000,000	57,864,164	3/29/2010	(446,763)
	Mexican Peso	438,150	33,087	4/22/2010	(1,006)
	Pound Sterling	1,374,000	2,217,929	3/25/2010	123,188
	Pound Sterling	993,000	1,591,501	3/25/2010	77,617
	Pound Sterling	421,000	655,956	3/25/2010	14,118
	Pound Sterling	4,843,000	7,864,136	3/25/2010	480,711

			$135,938,275		$1,209,441

Vista Fund
The Fund used forward foreign currency contracts to hedge against anticipated currency exchange rate changes. During the period ended February 28, 2010 the
Fund held forward foreign currency contracts with the total USD notional amount as represented below.
		PRINCIPAL	PRINCIPAL
		AMOUNT	AMOUNT		UNREALIZED
		COVERED BY	COVERED BY	SETTLEMENT	APPRECIATION
FUND	CURRENCY	CONTRACT	CONTRACT (USD)	DATE	(DEPRECIATION)


Vista Fund	SELLS

	Pound Sterling	839,405	$1,294,463	3/31/2010	$14,796
			$1,294,463		$14,796

Options There are two types of options, a put option and a call option. Options are traded either over-the-counter or by means of an exchange. A call option gives the purchaser of the option the right to buy (and the seller the obligation to sell) the underlying instrument at the exercise price. A put option gives the purchaser of the option the right to sell (and the writer the obligation to buy) the underlying instrument at the exercise price. Writing puts and buying calls may increase the Funds’ exposure to changes in the value of the underlying instrument. Buying puts and writing calls may decrease the Funds’ exposure to such changes. Risks related to the use of options include the loss of the premium, possible illiquidity of the options markets, trading restrictions imposed by an exchange, movements in underlying security values, and for written options, potential losses in excess of the fund’s initial investment.

Options listed on an exchange are valued at their closing price. If no closing price is available, then they are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. For options not listed on an exchange, an independent pricing source is used to value the options at the mean between the last bid and ask prices. When the Funds purchase an option, the premium paid by the Funds are included in the Portfolio of Investments and subsequently “marked-to-market” to reflect current market value. If the purchased option expires, the Funds realize a loss equal to the cost of the option. If the Funds enter into a closing sale transaction, the Funds realize a gain or loss, depending on whether proceeds from the closing sale are greater or less than the original cost. If the Funds exercise a call option, the cost of the securities acquired by exercising the call is increased by the premium paid to buy th e call. If the Funds exercise a put option, it realizes a gain or loss from the sale of the underlying security and the proceeds from such sale are decreased by the premium paid.

During the six-month period ended February 28, 2010, the Funds used purchased options for the following reasons:

High Income Fund and Strategic Bond Fund used purchased options to hedge against anticipated currency exchange rates.

During the six-month period ended February 28, 2010, High Income Fund and Strategic Bond Fund used purchased options with market values ranging from approximately $200 to $2.2 million and $100 to $3,000, respectively.

374

DERIVATIVE INSTRUMENTS, CONTINUED

The following tables summarize the Funds’ written options activities during the six months ended February 28, 2010. In addition, the table details how the Funds used written option contracts during the six months ended February 28, 2010.


	NUMBER OF CONTRACTS	PREMIUMS RECEIVED

Global Bond Fund
Outstanding, beginning of period	39,200,517	$542,201
Options written	267,500,940	2,672,952
Option closed	(40,101,149)	845,738
Options expired	(90,100,049)	669,200
Outstanding, end of period	176,500,259	$4,730,091

High Income Fund
Outstanding, beginning of period	196,000,000	$3,523,100
Options written	—	—
Options closed	—	—
Options expired	—	—
Outstanding, end of period	196,000,000	$3,523,100

Real Return Bond Fund
Outstanding, beginning of period	189,700,203	$2,090,655
Options written	345,800,216	2,821,822
Options closed	(195,900,114)	1,630,213
Options expired	(11,500,203)	116,305
Outstanding, end of period	328,100,102	$6,658,995

Strategic Bond Fund
Outstanding, beginning of period	169	$70,897
Options written	491	218,501
Options closed	(189)	95,467
Options expired	(139)	29,565
Outstanding, end of period	332	$414,430

Total Return Fund
Outstanding, beginning of period	277,500,000	$2,572,417
Options written	716,103,369	7,066,527
Options closed	(60,502,278)	1,246,470
Options expired	(277,900,642)	1,954,552
Outstanding, end of period	655,200,449	$12,839,966

U.S. Government Securities Fund
Outstanding, beginning of period	131	$95,479
Options written	206	96,955
Options closed	(160)	72,686
Options expired	(106)	83,104
Outstanding, end of period	71	$348,224


Options on Exchange-Traded Futures Contracts

Global Bond Fund

The Fund used written options to enhance potential gain, hedge against anticipated interest rate changes, gain exposure to certain securities markets and maintain diver-
sity and liquidity of the Fund.
		EXERCISE	EXPIRATION	NUMBER OF
FUND	NAME OF ISSUER	PRICE	DATE	CONTRACTS	PREMIUM	VALUE

Global Bond Fund	CALLS

	U.S. Treasury 10-Year Note Futures	$118.00	Mar 2010	57	$15,889	($30,281)
	U.S. Treasury 10-Year Note Futures	119.00	Apr 2010	57	14,998	(24,938)
	U.S. Treasury 10-Year Note Futures	119.00	May 2010	16	10,210	(10,210)

				130	$41,097	($65,429)

	PUTS

	Eurodollar Futures	$98.50	Mar 2010	105	$36,487	($656)
	U.S. Treasury 10-Year Note Futures	114.00	Apr 2010	8	4,855	(1,125)
	U.S. Treasury 10-Year Note Futures	114.00	May 2010	16	5,460	(5,460)

				129	$46,802	($7,241)

375

DERIVATIVE INSTRUMENTS, CONTINUED


Real Return Fund

The Fund used written options to enhance potential gain, hedge against anticipated interest rate changes, gain exposure to certain securities markets and maintain diver-
sity and liquidity of the Fund.

		EXERCISE	EXPIRATION	NUMBER OF
FUND	NAME OF ISSUER	PRICE	DATE	CONTRACTS	PREMIUM	VALUE

Real Return Bond Fund	CALLS

	U.S. Treasury 10-Year Note Futures	$119.00	Apr 2010	51	$27,763	($22,313)

				51	$27,763	($22,313)

	PUTS
	U.S. Treasury 10-Year Note Futures	$114.00	Apr 2010	51	$19,794	($7,172)

				51	$19,794	($7,172)


Strategic Bond Fund

The Fund used written options to hedge against anticipated interest rate changes.

		EXERCISE	EXPIRATION	NUMBER OF
FUND	NAME OF ISSUER	PRICE	DATE	CONTRACTS	PREMIUM	VALUE

Strategic Bond Fund	CALLS

	Eurodollar Futures	$99.000	Mar 2010	45	$29,709	($82,687)
	Eurodollar Futures	99.375	Jun 2010	35	15,974	(25,813)
	Eurodollar Futures	99.125	Sep 2010	23	17,175	(24,725)
	U.S. Treasury 10-Year Note Futures	119.000	May 2010	25	11,981	(17,187)
	U.S. Treasury 10-Year Note Futures	120.000	May 2010	17	6,851	(7,172)
	U.S. Treasury 10-Year Note Futures	121.000	May 2010	17	4,992	(4,250)

				162	$86,682	($161,834)
	PUTS

	Eurodollar Futures	$98.750	Mar 2010	27	$16,740	($169)
	Eurodollar Futures	98.875	Mar 2010	18	10,719	(113)
	Eurodollar Futures	99.375	Mar 2010	9	3,458	(56)
	Eurodollar Futures	99.000	Sep 2010	46	7,901	(6,325)
	Eurodollar Futures	99.125	Sep 2010	11	8,214	(1,925)
	U.S. Treasury 10-Year Note Futures	112.000	May 2010	25	15,091	(3,125)
	U.S. Treasury 10-Year Note Futures	113.000	May 2010	34	15,561	(6,906)

				170	$77,684	($18,619)

Total Return Fund

The Fund used written options to enhance potential gain, hedge against anticipated interest rate changes, gain exposure to certain securities markets and maintain diver-
sity and liquidity of the Fund.

		EXERCISE	EXPIRATION	NUMBER OF
FUND	NAME OF ISSUER	PRICE	DATE	CONTRACTS	PREMIUM	VALUE

Total Return Fund	Calls
	U.S. Treasury 10-Year Note Futures	$119.00	Apr 2010	65	$25,197	($28,438)
	U.S. Treasury 10-Year Note Futures	119.00	May 2010	27	17,229	(17,229)
	U.S. Treasury 30-Year Bond Futures	119.00	May 2010	36	34,363	(57,375)

				128	$76,789	($103,042)

	PUTS

	U.S. Treasury 10-Year Note Futures	$114.00	Apr 2010	258	$94,777	($36,281)
	U.S. Treasury 10-Year Note Futures	114.00	May 2010	27	9,214	(9,214)
	U.S. Treasury 30-Year Bond Futures	111.00	May 2010	36	29,535	(13,500)

				321	$133,526	($58,995)

376

DERIVATIVE INSTRUMENTS, CONTINUED


U.S. Government Securities Fund

The Fund used written options to hedge against anticipated interest rate changes.

		EXERCISE	EXPIRATION	NUMBER OF
FUND	NAME OF ISSUER	PRICE	DATE	CONTRACTS	PREMIUM	VALUE

U.S. Government
Securities	CALLS

	Eurodollar Futures	$97.25	Mar 2010	14	$6,954	($8,575)
	Eurodollar Futures	99.38	Jun 2010	31	14,987	(22,863)
	Eurodollar Futures	99.25	Sep 2010	13	5,808	(10,725)

				58	$27,749	($42,163)

	PUTS
	Eurodollar Futures	$98.75	Sep 2010	13	$8,895	($1,056)

				13	$8,895	($1,056)


Foreign Currency Options

Global Bond Fund

The Fund used written options to enhance potential gain, hedge against anticipated interest rate changes, gain exposure to certain securities markets and maintain diver-
sity and liquidity of the Fund.
						USD
		EXERCISE	EXPIRATION	NOTIONAL		NOTIONAL
FUND	NAME OF ISSUER	PRICE	DATE	AMOUNT		AMOUNT	PREMIUM	VALUE

Global Bond Fund	Calls
	Euro versus U.S. Dollar	$1.91	Mar 2010	EUR	2,500,000	($3,404,126)	$16,476	($473)
	Euro versus U.S. Dollar	1.89	Mar 2010	EUR	2,800,000	(3,812,621)	24,400	(2,474)
	Euro versus U.S. Dollar	1.88	Mar 2010	EUR	2,400,000	(3,267,960)	27,106	(22,399)
	U.S. Dollar versus Brazilian Real	1.90	Mar 2010	USD	1,500,000	1,500,000	15,315	(2)
	U.S. Dollar versus Brazilian Real	2.10	Mar 2010	USD	1,500,000	1,500,000	30,195	(13)
	U.S. Dollar versus Brazilian Real	1.98	Mar 2010	USD	3,000,000	3,000,000	30,225	(1,560)
	U.S. Dollar versus Mexican Peso	14.95	Mar 2010	USD	1,700,000	1,700,000	32,980	(2)
	U.S. Dollar versus Mexican Peso	14.95	Mar 2010	USD	5,000,000	5,000,000	101,300	(5)
	U.S. Dollar versus Mexican Peso	16.25	Sep 2010	USD	3,000,000	3,000,000	82,200	(13,059)
	U.S. Dollar versus South Korean Won	1,250.00	Mar 2010	USD	3,300,000	3,300,000	47,822	(482)
	U.S. Dollar versus South Korean Won	1,250.00	Mar 2010	USD	1,400,000	1,400,000	16,660	(204)
	U.S. Dollar versus South Korean Won	1,500.00	Sep 2010	USD	3,000,000	3,000,000	33,225	(7,338)

					31,100,000	$12,915,293	$457,904	($48,011)

	PUTS

	Australian Dollar versus U.S. Dollar	$0.74	Mar 2010	AUD	3,500,000	$3,136,701	$41,696	($565)

					3,500,000	$3,136,701	$41,696	($565)

High Income Fund

The Fund used written options to hedge against anticipated currency exchange rate changes.
						USD
		EXERCISE	EXPIRATION	NOTIONAL		NOTIONAL
FUND	NAME OF ISSUER	PRICE	DATE	AMOUNT		AMOUNT	PREMIUM	VALUE

High Income Fund	CALLS

	U.S. Dollar versus Canadian Dollar	$1.30	Apr 2010	USD	98,000,000	$98,000,000	$1,715,000	($98)
	U.S. Dollar versus Canadian Dollar	1.30	Apr 2010	USD	98,000,000	98,000,000	1,808,100	(98)

					196,000,000	$196,000,000	$3,523,100	($196)

Real Return Bond Fund

The Fund used written options to enhance potential gain, hedge against anticipated interest rate changes, gain exposure to certain securities markets and maintain diver-
sity and liquidity of the Fund.
						USD
		EXERCISE	EXPIRATION	NOTIONAL		NOTIONAL
FUND	NAME OF ISSUER	PRICE	DATE	AMOUNT		AMOUNT	PREMIUM	VALUE

Real Return Bond Fund	CALLS

	U.S. Dollar versus Japanese Yen	$94.00	Apr 2010	USD	12,800,000	12,800,000	$58,880	($24,896)

					12,800,000	12,800,000	$58,880	($24,896)

	PUTS

	U.S. Dollar versus Japanese Yen	$88.00	Apr 2010	USD	12,800,000	12,800,000	$110,464	($173,658)

					12,800,000	12,800,000	$110,464	($173,658)

377

DERIVATIVE INSTRUMENTS, CONTINUED


Total Return Fund

The Fund used written options to enhance potential gain, hedge against anticipated interest rate changes, gain exposure to certain securities markets and maintain diver-
sity and liquidity of the Fund.
						USD
		EXERCISE	EXPIRATION	NOTIONAL		NOTIONAL
FUND	NAME OF ISSUER	PRICE	DATE	AMOUNT		AMOUNT	PREMIUM	VALUE

Total Return Fund	CALLS

	U.S. Dollar versus Japanese Yen	$94.00	Apr 2010	USD	20,500,000	20,500,000	$145,550	($39,873)

					20,500,000	20,500,000	$145,550	($39,873)

	PUTS

	U.S. Dollar versus Japanese Yen	$88.00	Apr 2010	USD	20,500,000	20,500,000	$160,925	($278,124)
					20,500,000	20,500,000	$160,925	($278,124)

Interest Rate Swaptions

Global Bond Fund

The Fund used written options to enhance potential gain and maintain diversity and liquidity of the Fund.

PAY/

RECEIVE

USD

FLOATING

EXERCISE

EXPIRATION

NOTIONAL

FUND

NAME OF ISSUER

COUNTERPARTY

RATE INDEX

RATE

DATE

AMOUNT

PREMIUM

VALUE

Global Bond Fund

CALLS

10-Year Interest Rate Swap

Credit Suisse International

3 Month USD-LIBOR

Receive

3.25%

Apr 2010

USD

3,300,000

$3,300,000

$41,580

($3,166)

10-Year Interest Rate Swap

Deutsche Bank AG

6 Month EUR-EURIBOR

Receive

4.43%

Apr 2010

EUR

3,300,000

4,493,446

14,710

(15,441)

10-Year Interest Rate Swap

The Royal Bonk of Scotland PLC

3 Month USD-LIBOR

Receive

3.25%

Apr 2010

USD

9,900,000

116,400

(9,497)

10-Year Interest Rate Swap

Morgan Stanley Capital Services, Inc.

3 Month USD-LIBOR

Receive

3.25%

Oct 2010

USD

43,300,000

290,110

(290,110)

59,800,000

$60,993,446

$462,800

($318,214)

PUTS

10-Year Interest Rate Swap

Credit Suisse International

3 Month USD-LIBOR

Receive

4.25%

Apr 2010

USD

5,700,000

$5,700,000

$46,455

($10,324)

10-Year Interest Rate Swap

Deutsche Bank AG

6 Month EUR-EURIBOR

Receive

5.45%

Apr 2010

EUR

3,300,000

4,493,446

9,491

(443)

10-Year Interest Rate Swap

The Royal Bonk of Scotland PLC

3 Month USD-LIBOR

Receive

4.25%

Apr 2010

USD

15,200,000

132,970

(27,530)

10-Year Interest Rate Swap

Citibank N.A.

3 Month USD-LIBOR

Receive

4.50%

Jun 2010

USD

8,000,000

75,000

(30,904)

10-Year Interest Rate Swap

Morgan Stanley Capital Services, Inc.

3 Month USD-LIBOR

Receive

5.00%

Oct 2010

USD

43,300,000

346,400

(346,400)

10-Year Interest Rate Swap

Morgan Stanley Capital Services, Inc.

3 Month USD-LIBOR

Receive

10.00%

Jul 2012

USD

6,600,000

39,600

(12,323)

82,100,000

$83,293,446

$649,916

($427,924)

Real Return Bond Fund

The Fund used written options to enhance potential gain and maintain diversity and liquidity of the Fund.

PAY/

RECEIVE

USD

FLOATING

EXERCISE

EXPIRATION

NOTIONAL

FUND

NAME OF ISSUER

COUNTERPARTY

RATE INDEX

RATE

DATE

AMOUNT

PREMIUM

VALUE

Real Return

Bond Fund

CALLS

7-Year Interest Rate Swap

Morgan Stanley Capital Services, Inc.

3 Month USD-LIBOR

Receive

2.75%

Apr 2010

USD

6,800,000

$6,800,000

$56,440

($4,113)

10-Year Interest Rate Swap

Deutsche Bank AG

3 Month USD-LIBOR

Receive

3.25%

Apr 2010

USD

26,300,000

294,360

(25,230)

10-Year Interest Rate Swap

Bank of America N.A.

3 Month USD-LIBOR

Receive

3.25%

Apr 2010

USD

3,100,000

44,097

(2,974)

10-Year Interest Rate Swap

BNP Paribas

3 Month USD-LIBOR

Receive

3.25%

Apr 2010

USD

18,000,000

172,800

(17,267)

10-Year Interest Rate Swap

Barclays Bank PLC

3 Month USD-LIBOR

Receive

3.25%

Apr 2010

USD

7,100,000

102,550

(6,811)

10-Year Interest Rate Swap

Citibank N.A

3 Month USD-LIBOR

Receive

3.50%

Jun 2010

USD

22,700,000

220,580

(175,042)

10-Year Interest Rate Swap

Bank of America N.A.

3 Month USD-LIBOR

Receive

3.25%

Aug 2010

USD

15,100,000

58,360

(86,771)

10-Year Interest Rate Swap

The Royal Bank of Scotland PLC

3 Month USD-LIBOR

Receive

3.25%

Oct 2010

USD

4,700,000

23,030

(33,587)

10-Year Interest Rate Swap

Morgan Stanley Capital Services, Inc.

3 Month USD-LIBOR

Receive

3.25%

Oct 2010

USD

2,000,000

13,400

(13,400)

105,800,000

$105,800,000

$985,617

($365,195)

PUTS

5-Year Interest Rate Swap

Barclays Bank PLC

3 Month USD-LIBOR

Receive

5.00%

Jun 2010

USD

13,000,000

$13,000,000

$136,500

($684)

5-Year Interest Rate Swap

Deutsche Bank AG

3 Month USD-LIBOR

Receive

5.00%

Aug 2010

USD

26,000,000

280,136

(7,602)

7-Year Interest Rate Swap

Morgan Stanley Capital Services, Inc.

3 Month USD-LIBOR

Receive

4.00%

Apr 2010

USD

6,800,000

29,240

(3,534)

7-Year Interest Rate Swap

JP Morgan Chase Bank

3 Month USD-LIBOR

Receive

6.00%

Aug 2010

USD

5,000,000

41,457

(1,306)

7-Year Interest Rate Swap

The Royal Bank of Scotland PLC

3 Month USD-LIBOR

Receive

6.00%

Aug 2010

USD

12,300,000

96,700

(3,213)

7-Year Interest Rate Swap

The Royal Bank of Scotland PLC

3 Month USD-LIBOR

Receive

5.37%

Sep 2010

USD

17,000,000

279,890

(20,378)

7-Year Interest Rate Swap

Goldman Sachs Capital Markets, L.P.

3 Month USD-LIBOR

Receive

5.37%

Sep 2010

USD

5,000,000

160,750

(5,994)

10-Year Interest Rate Swap

BNP Paribas

3 Month USD-LIBOR

Receive

5.00%

Apr 2010

USD

18,000,000

87,300

(871)

10-Year Interest Rate Swap

Bank of America N.A.

3 Month USD-LIBOR

Receive

4.25%

Apr 2010

USD

6,600,000

51,956

(11,954)

10-Year Interest Rate Swap

Barclays Bank PLC

3 Month USD-LIBOR

Receive

4.25%

Apr 2010

USD

7,100,000

53,370

(12,859)

10-Year Interest Rate Swap

Deutsche Bank AG

3 Month USD-LIBOR

Receive

4.25%

Apr 2010

USD

26,300,000

254,208

(47,634)

10-Year Interest Rate Swap

Citibank N.A.

3 Month USD-LIBOR

Receive

4.50%

Jun 2010

USD

22,700,000

222,455

(87,690)

10-Year Interest Rate Swap

The Royal Bank of Scotland PLC

3 Month USD-LIBOR

Receive

6.00%

Aug 2010

USD

2,500,000

24,689

(1,437)

10-Year Interest Rate Swap

Bank of America N.A.

3 Month USD-LIBOR

Receive

4.75%

Aug 2010

USD

15,100,000

137,860

(101,887)

378

DERIVATIVE INSTRUMENTS, CONTINUED


				PAY/
				RECEIVE					USD
			FLOATING	FLOATING	EXERCISE	EXPIRATION	NOTIONAL		NOTIONAL
FUND	NAME OF ISSUER	COUNTERPARTY	RATE INDEX	RATE	RATE	DATE	AMOUNT		AMOUNT	PREMIUM	VALUE

Real Return
Bond Fund,
continued	PUTS

	10-Year Interest Rate Swap	Morgan Stanley Capital Services, Inc.	3 Month USD-LIBOR	Receive	5.00%	Oct 2010	USD	2,000,000	$2,000,000	$16,000	($16,000)
	10-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	5.00%	Oct 2010	USD	4,700,000	4,700,000	46,530	(36,323)
	10-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	10.00%	Jul 2012	USD	4,200,000	4,200,000	28,560	(7,842)
	10-Year Interest Rate Swap	Morgan Stanley Capital Services, Inc.	3 Month USD-LIBOR	Receive	10.00%	Jul 2012	USD	2,400,000	2,400,000	15,840	(4,481)

							196,700,000		$196,700,000	$1,963,441	($371,689)

Total Return Fund

The Fund used written options to enhance potential gain and maintain diversity and liquidity of the Fund.

				PAY/
				RECEIVE					USD
			FLOATING	FLOATING	EXERCISE	EXPIRATION	NOTIONAL		NOTIONAL
FUND	NAME OF ISSUER	COUNTERPARTY	RATE INDEX	RATE	RATE	DATE	AMOUNT		AMOUNT	PREMIUM	VALUE

Total Return Fund	CALLS

	7-Year Interest Rate Swap	Credit Suisse International	3 Month USD-LIBOR	Receive	2.75%	Apr 2010	USD	3,100,000	$3,100,000	($14,220)	($1,875)
	7-Year Interest Rate Swap	Deutsche Bank AG	3 Month USD-LIBOR	Receive	2.75%	Apr 2010	USD	400,000	400,000	(1,720)	(242)
	10-Year Interest Rate Swap	Bank of America N.A.	3 Month USD-LIBOR	Receive	3.25%	Apr 2010	USD	11,400,000	11,400,000	(51,875)	(10,936)
	10-Year Interest Rate Swap	Barclays Bank PLC	3 Month USD-LIBOR	Receive	3.50%	Apr 2010	USD	17,800,000	17,800,000	(106,302)	(75,734)
	10-Year Interest Rate Swap	BNP Paribas	3 Month USD-LIBOR	Receive	3.25%	Apr 2010	USD	19,500,000	19,500,000	(70,200)	(18,706)
	10-Year Interest Rate Swap	Credit Suisse International	3 Month USD-LIBOR	Receive	3.25%	Apr 2010	USD	2,700,000	2,700,000	(27,270)	(2,590)
	10-Year Interest Rate Swap	Deutsche Bank AG	3 Month USD-LIBOR	Receive	3.25%	Apr 2010	USD	11,200,000	11,200,000	(110,665)	(10,744)
	10-Year Interest Rate Swap	Morgan Stanley Capital Services, Inc.	3 Month USD-LIBOR	Receive	3.25%	Apr 2010	USD	3,800,000	3,800,000	(34,200)	(3,645)
	10-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	3.50%	Apr 2010	USD	39,700,000	39,700,000	(193,239)	(168,911)
	10-Year Interest Rate Swap	Bank of America N.A.	3 Month USD-LIBOR	Receive	3.50%	Jun 2010	USD	3,700,000	3,700,000	(31,450)	(28,531)
	10-Year Interest Rate Swap	Citibank N.A.	3 Month USD-LIBOR	Receive	3.50%	Jun 2010	USD	16,500,000	16,500,000	(165,000)	(127,233)
	10-Year Interest Rate Swap	Bank of America N.A.	3 Month USD-LIBOR	Receive	3.25%	Aug 2010	USD	7,500,000	7,500,000	(28,500)	(43,098)
	10-Year Interest Rate Swap	BNP Paribas	3 Month USD-LIBOR	Receive	3.25%	Oct 2010	USD	22,100,000	22,100,000	(108,290)	(157,929)

							159,400,000		$159,400,000	($942,931)	($650,174)


Total Return Fund	PUTS

	5-Year Interest Rate Swap	Barclays Bank PLC	3 Month USD-LIBOR	Receive	5.00%	Jun 2010	USD	24,000,000	$24,000,000	($235,620)	($1,262)
	5-Year Interest Rate Swap	BNP Paribas	3 Month USD-LIBOR	Receive	5.00%	Jun 2010	USD	4,000,000	4,000,000	(36,700)	(210)
	-Year Interest Rate Swap	Deutsche Bank AG	3 Month USD-LIBOR	Receive	5.00%	Jun 2010	USD	11,000,000	11,000,000	(145,200)	(579)
	5-Year Interest Rate Swap	Morgan Stanley Capital Services, Inc.	3 Month USD-LIBOR	Receive	5.00%	Jun 2010	USD	15,000,000	15,000,000	(160,500)	(789)
	5-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	5.00%	Jun 2010	USD	11,000,000	11,000,000	(159,225)	(579)
	5-Year Interest Rate Swap	Merrill Lynch Capital Services	3 Month USD-LIBOR	Receive	5.80%	Jun 2010	USD	1,000,000	1,000,000	(5,625)	(11)
	5-Year Interest Rate Swap	Barclays Bank PLC	3 Month USD-LIBOR	Receive	5.50%	Aug 2010	USD	11,000,000	11,000,000	(85,467)	(3,216)
	5-Year Interest Rate Swap	JP Morgan Chase Bank	3 Month USD-LIBOR	Receive	5.50%	Aug 2010	USD	5,000,000	5,000,000	(53,955)	(1,462)
	5-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	5.50%	Aug 2010	USD	10,000,000	10,000,000	(77,719)	(2,924)
	7-Year Interest Rate Swap	Credit Suisse International	3 Month USD-LIBOR	Receive	4.00%	Apr 2010	USD	1,100,000	1,100,000	(13,530)	(572)
	7-Year Interest Rate Swap	Deutsche Bank AG	3 Month USD-LIBOR	Receive	4.00%	Apr 2010	USD	400,000	400,000	(3,480)	(208)
	7-Year Interest Rate Swap	Barclays Bank PLC	3 Month USD-LIBOR	Receive	6.00%	Aug 2010	USD	4,500,000	4,500,000	($31,275)	(1,175)
	7-Year Interest Rate Swap	Deutsche Bank AG	3 Month USD-LIBOR	Receive	6.00%	Aug 2010	USD	4,000,000	4,000,000	(31,355)	(1,045)
	7-Year Interest Rate Swap	JP Morgan Chase Bank	3 Month USD-LIBOR	Receive	6.00%	Aug 2010	USD	15,000,000	15,000,000	(123,488)	(3,918)
	7-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	6.00%	Aug 2010	USD	71,000,000	71,000,000	(540,854)	(18,545)
	10-Year Interest Rate Swap	Bank of America N.A.	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	36,700,000	36,700,000	(841,233)	(66,471)
	10-Year Interest Rate Swap	Bank of America N.A.	3 Month USD-LIBOR	Receive	5.00%	Apr 2010	USD	11,700,000	11,700,000	(66,500)	(566)
	10-Year Interest Rate Swap	Barclays Bank PLC	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	5,000,000	5,000,000	(71,424)	(9,056)
	10-Year Interest Rate Swap	BNP Paribas	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	22,500,000	22,500,000	(274,604)	(40,752)
	10-Year Interest Rate Swap	Citibank N.A.	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	8,500,000	8,500,000	(209,100)	(15,395)
	10-Year Interest Rate Swap	Credit Suisse International	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	2,700,000	2,700,000	(64,800)	(4,890)
	10-Year Interest Rate Swap	Deutsche Bank AG	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	26,300,000	26,300,000	(468,286)	(47,635)
	10-Year Interest Rate Swap	Deutsche Bank AG	3 Month USD-LIBOR	Receive	5.00%	Apr 2010	USD	1,900,000	1,900,000	(9,215)	(92)
	10-Year Interest Rate Swap	JP Morgan Chase Bank	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	1,500,000	1,500,000	(20,706)	(2,717)
	10-Year Interest Rate Swap	Morgan Stanley Capital Services, Inc.	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	9,000,000	9,000,000	(142,200)	(16,301)
	10-Year Interest Rate Swap	Morgan Stanley Capital Services, Inc.	3 Month USD-LIBOR	Receive	5.00%	Apr 2010	USD	4,400,000	4,400,000	(41,800)	(213)
	10-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	5.00%	Apr 2010	USD	8,500,000	8,500,000	(87,763)	(411)
	10-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	4.25%	Apr 2010	USD	1,000,000	1,000,000	(18,186)	(1,811)
	10-Year Interest Rate Swap	Bank of America N.A.	3 Month USD-LIBOR	Receive	4.05%	Jun 2010	USD	3,700,000	3,700,000	(31,450)	(14,293)
	10-Year Interest Rate Swap	Citibank N.A.	3 Month USD-LIBOR	Receive	4.50%	Jun 2010	USD	16,500,000	16,500,000	(162,525)	(63,740)
	10-Year Interest Rate Swap	Bank of America N.A.	3 Month USD-LIBOR	Receive	4.75%	Aug 2010	USD	7,500,000	7,500,000	(67,500)	(50,606)
	10-Year Interest Rate Swap	Barclays Bank PLC	3 Month USD-LIBOR	Receive	6.00%	Aug 2010	USD	3,000,000	3,000,000	(23,250)	(1,725)
	10-Year Interest Rate Swap	Citibank N.A.	3 Month USD-LIBOR	Receive	4.75%	Aug 2010	USD	7,000,000	7,000,000	(76,300)	(47,233)
	10-Year Interest Rate Swap	JP Morgan Chase Bank	3 Month USD-LIBOR	Receive	6.00%	Aug 2010	USD	6,000,000	6,000,000	(54,370)	(3,450)
	10-Year Interest Rate Swap	The Royal Bank of Scotland PLC	3 Month USD-LIBOR	Receive	6.00%	Aug 2010	USD	26,000,000	26,000,000	(205,036)	(14,950)
	10-Year Interest Rate Swap	BNP Paribas	3 Month USD-LIBOR	Receive	5.00%	Oct 2010	USD	22,100,000	22,100,000	(218,790)	(170,795)
	10-Year Interest Rate Swap	Morgan Stanley Capital Services, Inc.	3 Month USD-LIBOR	Receive	10.00%	Jul 2012	USD	11,300,000	11,300,000	(68,083)	(21,098)

							430,800,000		$430,800,000	($4,927,114)	($630,695)

379

DERIVATIVE INSTRUMENTS, CONTINUED

Credit Default Swaptions

Total Return Fund

The Fund used written options to enhance potential gain and maintain diversity and liquidity of the Fund.

PAY/

RECEIVE

USD

FLOATING

EXERCISE

EXPIRATION

NOTIONAL

FUND

NAME OF ISSUER

COUNTERPARTY

RATE INDEX

RATE

DATE

AMOUNT

PREMIUM

VALUE

Total Return Fund

CALLS

5-Year Credit Default Swap

Bank of America N.A.

CDX.IG13

Receive

0.80%

Jun 2010

USD

3,900,000

$3,900,000

$6,825

($6,055)

5-Year Credit Default Swap

Barclays Bank PLC

CDX.IG13

Receive

0.80%

Jun 2010

USD

2,600,000

4,420

(4,036)

5-Year Credit Default Swap

JP Morgan Chase Bank

CDX.IG13

Receive

0.80%

Jun 2010

USD

3,400,000

6,800

(5,278)

5-Year Credit Default Swap

Morgan Stanley Capital Services, Inc.

DJ ITRAXX

Receive

0.70%

Jun 2010

USD

2,100,000

4,761

(4,369)

12,000,000

$12,000,000

$22,806

($19,738)

PUTS

5-Year Credit Default Swap

Bank of America N.A.

CDX.IG13

Receive

1.30%

Jun 2010

USD

3,900,000

$3,900,000

$9,345

($8,764)

5-Year Credit Default Swap

Barclays Bank PLC

CDX.IG13

Receive

1.30%

Jun 2010

USD

2,600,000

6,240

(5,843)

5-Year Credit Default Swap

JP Morgan Chase Bank

CDX.IG13

Receive

1.30%

Jun 2010

USD

3,400,000

7,225

(7,640)

5-Year Credit Default Swap

Morgan Stanley Capital Services, Inc.

DJ ITRAXX

Receive

1.40%

Jun 2010

USD

2,100,000

5,471

(3,176)

12,000,000

$12,000,000

$28,281

($25,423)

Swaps The Funds may enter into interest rate, credit default, and other forms of swap agreements. Swap agreements are privately negotiated agreements between a Fund and counterparty to exchange cash flows, assets, foreign currencies or market-linked returns at specified intervals. Swaps are marked to market daily based upon values from third party vendors or broker quotations, and the change in value is recorded as an unrealized appreciation/depreciation of swap contracts. The value of the swap will typically implicate collateral posting obligations by the party that is considered out-of-the-money on the swap.

Upfront payments made/received by the Funds are amortized/accreted for financial reporting purposes, with the unamortized/unaccreted portion included in the Statement of Assets and Liabilities. A termination payment by the counterparty or the Funds is recorded as realized gain or loss, as well as, the net periodic payments received or paid by a Fund.

Entering into swap agreements involves, to varying degrees, elements of credit, market and documentation risk that may amount to values that are in excess of the amounts recognized on the Statement of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for the swap that a counterparty may default on its obligation or delay payment under the swap terms. The counterparty may disagree or contest the terms of the swap. Market risks may also accompany the swap, including interest rate risk. The Fund may also suffer losses if it is unable to terminate or assign outstanding swaps or reduce its exposure through offsetting transactions.

Interest Rate Swaps Interest rate swaps represent an agreement between a Fund and 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 Funds settle accrued net interest receivable or payable under the swap contracts on a periodic basis.

The following table summarizes the contracts held at February 28, 2010 and the range of contracts notional amounts held by the Funds during the six month period ended February 28, 2010. In addition the table details how the Funds used interest rate swap contracts during the six months ended February 28, 2010.


Global Bond Fund

The Fund used interest rate swaps to enhance potential gain and income.

During the six month period ended February 28, 2010, the Fund held interest rate swaps with total USD notional amounts ranging approximately from $140.1 million
to $301.1 million.

				USD	PAYMENTS	PAYMENTS		UNAMORTIZED	UNREALIZED
		NOTIONAL		NOTIONAL	MADE	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	AMOUNT	CURRENCY	AMOUNT	BY FUND	BY FUND	DATE	PAYMENT	(DEPRECIATION)	VALUE

Global Bond Fund
	Bank of America N.A.	3,250,000,000	JPY	$35,091,508	6 Month LIBOR	Fixed 1.000%	Jun 2011	$191,489	$6,789	$198,278
	Bank of America N.A.	830,000,000	JPY	9,057,082	6 Month LIBOR	Fixed 1.500%	Jun 2020	(50,498)	68,560	18,062
	Credit Suisse	12,100,000	AUD	10,886,973	3 Month BBR-BBSW	Fixed 5.750%	Dec 2012	1,448	15,970	17,418
	Deutsche Bank AG	4,000,000,000	JPY	41,627,641	6 Month LIBOR	Fixed 1.000%	Jun 2011	152,924	91,110	244,034
	Deutsche Bank AG	3,700,000	EUR	4,862,727	6 Month EURIBOR	Fixed 3.000%	Sep 2012	20,397	93,868	114,265
	Goldman Sachs	34,900,000	AUD	31,401,270	3 Month BBR-BBSW	Fixed 5.750%	Dec 2012	(5,558)	55,789	50,231
	JP Morgan Chase Bank	12,000,000	EUR	15,901,201	6 Month EURIBOR	Fixed 3.000%	Sep 2012	80,309	290,281	370,590
	JP Morgan Chase Bank	4,300,000	CAD	4,106,776	3 Month BA-CDOR	Fixed 5.800%	Dec 2023	23,350	(7,373)	15,977
	The Royal Bank of Scotland PLC	10,170,000,000	JPY	110,759,269	6 Month LIBOR	Fixed 1.000%	Jun 2011	606,250	14,206	620,456
	The Royal Bank of Scotland PLC	4,900,000	CAD	4,714,031	3 Month CBK	Fixed 3.750%	Jun 2020	(96,166)	94,541	(1,625)
	The Royal Bank of Scotland PLC	260,000,000	JPY	2,788,802	6 Month LIBOR	Fixed 1.500%	Jun 2020	(12,488)	18,146	5,658

				$271,197,280				$911,457	$741,887	$1,653,344

380

DERIVATIVE INSTRUMENTS, CONTINUED


Investment Quality Bond Fund

The Fund used interest rate swaps to enhance potential gain, gain exposure to certain market securities, manage duration of the Fund, and hedge against anticipated
interest rate changes.

During the six month period ended February 28, 2010, the Fund held interest rate swaps with total USD notional amounts ranging from approximately $3.4 million to
$44.1 million.

				USD	PAYMENTS	PAYMENTS		UNAMORTIZED	UNREALIZED
		NOTIONAL		NOTIONAL	MADE	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	AMOUNT	CURRENCY	AMOUNT	BY FUND	BY FUND	DATE	PAYMENT	(DEPRECIATION)	VALUE

Investment Quality Bond Fund
	JP Morgan Chase Bank	35,091,508	USD	$35,091,508	Fixed 4.3175%	3 MONTH LIBOR	Dec 2028	—	($42,150)	($42,150)
	JP Morgan Chase Bank	9,057,082	USD	9,057,082	Fixed 4.3175%	3 MONTH LIBOR	Jul 2039	—	143,131	143,131

			$44,148,590					—	$100,981	$100,981

Real Return Bond Fund

The Fund used interest rate swaps to enhance potential gain.

During the six month period ended February 28, 2010, the Fund held interest rate swaps with total USD notional amounts ranging from approximately $63.3 million to
$86.9 million.

				USD	PAYMENTS	PAYMENTS		UNAMORTIZED	UNREALIZED
		NOTIONAL		NOTIONAL	MADE	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	AMOUNT	CURRENCY	AMOUNT	BY FUND	BY FUND	DATE	PAYMENT	(DEPRECIATION)	VALUE

Real Return Bond Fund
	Barclays Bank PLC	16,243,776	BRL	$11,120,393	CDI	Fixed 10.680%	Jan 2012	($85,734)	($127,874)	($213,608)
	Barclays Bank PLC	4,093,234	BRL	3,603,604	CDI	Fixed 12.285%	Jan 2013	20,715	19,996	40,711
	BNP Paribas	2,200,000	EUR	2,614,040	FRCPXTOB	Fixed 2.040%	Feb 2011	—	96,890	96,890
	BNP Paribas	3,600,000	EUR	4,757,399	FRCPXTOB	Fixed 1.988%	Dec 2011	—	124,687	124,687
	Goldman Sachs	21,143,266	BRL	18,417,873	CDI	Fixed 11.890%	Jan 2013	19,124	(22,906)	(3,782)
	HSBC Bank	4,914,994	BRL	3,819,549	CDI	Fixed 11.670%	Jan 2012	53,400	42,024	95,424
	JP Morgan Chase Bank	2,700,000	EUR	3,428,053	FRCPXTOB	Fixed 2.028%	Oct 2011	—	119,359	119,359
	JP Morgan Chase Bank	1,370,188	BRL	1,189,189	CDI	Fixed 12.170%	Jan 2013	9,342	211	9,553
	Morgan Stanley Capital Services, Inc.	6,726,088	BRL	4,763,208	CDI	Fixed 10.115%	Jan 2012	(77,530)	(217,938)	(295,468)
	Morgan Stanley Capital Services, Inc.	4,401,071	BRL	3,444,250	CDI	Fixed 11.600%	Jan 2012	28,602	50,198	78,800
	Morgan Stanley Capital Services, Inc.	3,763,088	BRL	3,222,342	CDI	Fixed 11.980%	Jan 2013	—	5,845	5,845
	UBS AG	2,300,000	EUR	2,908,694	FRCPXTOB	Fixed 2.095%	Oct 2011	—	114,674	114,674

				$63,288,594				($32,081)	$205,166	$173,085
Strategic Bond Fund

The Fund used interest rate swaps to hedge against anticipated interest rate changes.

During the six month period ended February 28, 2010, the Fund held interest rate swaps with total USD notional amount as represented below.

				USD	PAYMENTS	PAYMENTS		UNAMORTIZED	UNREALIZED
		NOTIONAL		NOTIONAL	MADE	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	AMOUNT	CURRENCY	AMOUNT	BY FUND	BY FUND	DATE	PAYMENT	(DEPRECIATION)	VALUE

Strategic Bond Fund
	JP Morgan Chase Bank	1,647,000	USD	$1,647,000	Fixed 0.000%	3 Month LIBOR	Feb 2025	$3,898	($9,479)	($5,581)
	Morgan Stanley Capital Services, Inc.	2,970,000	USD	2,970,000	Fixed 0.000%	3 Month LIBOR	Feb 2025	7,332	(25,332)	(18,000)
	Morgan Stanley Capital Services, Inc.	2,860,000	USD	2,860,000	Fixed 0.000%	4 Month LIBOR	Nov 2027	—	(10,419)	(10,419)

				$7,477,000				$11,230	($45,230)	($34,000)
Total Return Fund

The Fund used interest rate swaps to enhance potential gain.

During the six month period ended February 28, 2010, the Fund held interest rate swaps with total USD notional amounts ranging from $578.6 million to $828.6
million.

				USD	PAYMENTS	PAYMENTS		UNAMORTIZED	UNREALIZED
		NOTIONAL		NOTIONAL	MADE	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	AMOUNT	CURRENCY	AMOUNT	BY FUND	BY FUND	DATE	PAYMENT	(DEPRECIATION)	VALUE

Total Return Fund
	Bank of America N.A.	15,100,000	USD	$15,100,000	3 Month LIBOR	Fixed 3.000%	Dec 2010	$251,552	$153,706	$405,258
	Barclays Bank PLC	687,683	BRL	383,992	CDI	Fixed 10.600%	Jan 2012	—	(1,630)	(1,630)
	Barclays Bank PLC	70,500,000	EUR	103,929,304	6 Month EURIBOR	Fixed 3.000%	Jun 2015	219,229	1,494,094	1,713,323
	BNP Paribas	3,500,000	EUR	5,117,176	6 Month EURIBOR	Fixed 4.5%	Mar 2014	(43,771)	615,243	571,472
	Citibank N.A	2,800,000	EUR	3,806,131	6 Month EURIBOR	Fixed 3.500%	Jun 2020	9,352	7,200	16,552
	Deutche Bank AG	2,500,000	AUD	1,774,875	3 Month BBR-BBSW	Fixed 4.500%	Jun 2011	6,798	(14,826)	(8,028)
	Deutche Bank AG	100,800,000	EUR	151,178,714	6 Month EURIBOR	Fixed 3.000%	Jun 2015	87,456	2,362,232	2,449,688
	Goldman Sachs	3,179,162	BRL	2,290,076	CDI	Fixed 10.990%	Jan 2012	7,384	(646)	6,738
	Goldman Sachs	227,932	BRL	157,522	CDI	Fixed 10.835%	Jan 2012	212	364	576
	Goldman Sachs	16,549,640	BRL	14,275,191	CDI	Fixed 11.890%	Jan 2013	6,547	(9,507)	(2,960)

381

DERIVATIVE INSTRUMENTS, CONTINUED


				USD	PAYMENTS	PAYMENTS		UNAMORTIZED	UNREALIZED
		NOTIONAL		NOTIONAL	MADE	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	AMOUNT	CURRENCY	AMOUNT	BY FUND	BY FUND	DATE	PAYMENT	(DEPRECIATION)	VALUE

Total Return Fund, continued
	Goldman Sachs	81,800,000	EUR	$123,001,033	6 Month EURIBOR	Fixed 3.000%	Jun 2015	$163,990	$1,823,951	$1,987,941
	HSBC Bank	346,131	BRL	318,167	CDI	Fixed 14.765%	Jan 2012	2,249	35,620	37,869
	HSBC Bank	1,069,471	BRL	597,321	CDI	Fixed 10.610%	Jan 2012	—	(2,323)	(2,323)
	HSBC Bank	2,700,883	BRL	1,976,393	CDI	Fixed 11.360%	Jan 2012	16,337	478	16,815
	HSBC Bank	12,711,130	BRL	10,944,170	CDI	Fixed 11.890%	Jan 2013	1,063	(3,336)	(2,273)
	HSBC Bank	517,782	BRL	550,055	CDI	Fixed 12.540%	Jan 2014	6,488	1,593	8,081
	HSBC Bank	69,500,000	MXN	5,326,691	TIIE-Banxico	Fixed 7.330%	Jan 2015	30,740	13,201	43,941
	JP Morgan Chase Bank	458,456	BRL	255,995	CDI	Fixed 10.600%	Jan 2012	—	(1,087)	(1,087)
	JP Morgan Chase Bank	1,121,063	BRL	990,099	CDI	Fixed 12.170%	Jan 2013	7,820	(4)	7,816
	JP Morgan Chase Bank	2,316,973	BRL	2,370,490	CDI	Fixed 12.200%	Jan 2014	(859)	3,582	2,723
	Merrill Lynch Capital Services, Inc.	5,691,864	BRL	3,936,605	CDI	Fixed 11.980%	Jan 2012	—	168,887	168,887
	Merrill Lynch Capital Services, Inc.	1,107,620	BRL	1,012,701	CDI	Fixed 14.765%	Jan 2012	4,538	116,642	121,180
	Merrill Lynch Capital Services, Inc.	2,346,524	BRL	1,717,452	CDI	Fixed 10.990%	Jan 2012	6,321	(1,348)	4,973
	Morgan Stanley Capital Services, Inc.	71,800,000	USD	71,800,000	3 Month LIBOR	Fixed 3.000%	Dec 2010	1,198,839	728,148	1,926,987
	Paribas Corp	3,898,470	BRL	2,874,313	CDI	Fixed 11.390%	Jan 2012	—	(4,238)	(4,238)
	Paribas Corp	1,057,889	BRL	1,094,901	CDI	Fixed 12.110%	Jan 2014	—	(3,044)	(3,044)
	he Royal Bank of Scotland PLC	700,000	USD	700,000	3 Month LIBOR	Fixed 4.000%	Dec 2014	14,356	39,712	54,068
	UBS AG	33,700,000	AUD	23,967,444	3 Month BBR-BBSW	Fixed 4.500%	Jun 2011	18,160	(126,377)	(108,217)
	UBS AG	2,996,667	BRL	2,182,691	CDI	Fixed 11.420%	Jan 2012	—	(1,922)	(1,922)
	UBS AG	6,804,532	BRL	4,551,967	CDI	Fixed 10.575%	Jan 2012	(73,892)	(109,790)	(183,682)
	UBS AG	21,000,000	AUD	17,396,404	6 Month BBR-BBSW	Fixed 6.000%	Sep 2012	—	260,314	260,314
	UBS AG	1,187,704	BRL	1,042,238	CDI	Fixed 12.070%	Jan 2013	4,734	355	5,089
	UBS AG	1,133,092	BRL	989,446	CDI	Fixed 11.880%	Jan 2013	—	(1,161)	(1,161)
	UBS AG	945,503	BRL	986,842	CDI	Fixed 12.250%	Jan 2014	4,991	(1,487)	3,504

			$578,596,399					$1,950,634	$7,542,596	$9,493,230

Credit Default Swaps Credit default swaps (CDS) involve the exchange of a fixed rate premium (paid by “the Buyer”), for protection against the loss in value of an underlying debt instrument, referenced entity or index, in the event of a defined credit event (such as payment default or bankruptcy). Under the terms of the swap, one party acts as a “guarantor” (the Seller), receiving the premium and agrees to remedies that are specified within the credit default agreement. The Fund may enter into CDS in which it may act as either Buyer or Seller. By acting as the Seller, the Fund may incur economic leverage since it would be obligated to pay the Buyer the notional amount of the contract in the event of a default. The amount of loss in such case would be reduced by any recovery value on the underlying credit.

The following table summarizes the contracts held at February 28, 2010 and the range of contracts notional amounts held by the Funds during the six month period ended February 28, 2010. In addition the table details how the Funds used credit default swap contracts as a buyer of protection during the six month period February 28, 2010.


Global Bond Fund

The Fund used credit default swaps to enhance potential gain, to take a long position in the exposure to the reference credit, hedge against potential credit events and
gain exposure to a security or credit index. During the six month period ended February 28, 2010, the Fund held credit default swaps with total USD notional amounts
ranging from approximately $112.1 million to $152.4 million.

					USD	(PAY)/		UNAMORTIZED	UNREALIZED
			NOTIONAL		NOTIONAL	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	REFERENCE OBLIGATION	AMOUNT	CURRENCY	AMOUNT	FIXED RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE

Global Bond Fund
	Bank of America N.A.	McKesson Corp.	600,000	USD	$600,000	(0.380)%	Mar 2017	—	$5,405	$5,405
	Bank of America N.A.	Vivendi	2,000,000	USD	2,000,000	(1.280)%	Jun 2013	—	(30,011)	(30,011)
	Bank of America N.A.	Intuit, Inc.	2,000,000	USD	2,000,000	(1.380)%	Mar 2017	—	(111,091)	(111,091)
	Bank of America N.A.	Xstrata Canada Corp.	3,000,000	USD	3,000,000	(0.910)%	Jun 2012	—	(17,741)	(17,741)
	Bank of America N.A.	Lafarge	2,000,000	USD	2,000,000	(1.690)%	Sep 2016	—	26,008	26,008
	Bank of America N.A.	Rio Tinto Alcan, Inc.	700,000	USD	700,000	(0.290)%	Mar 2011	—	(1,054)	(1,054)
	Bank of America N.A.	CBS Corp.	1,800,000	USD	1,800,000	(1.000)%	Jun 2019	$217,903	(123,322)	94,581
	Barclays Bank PLC	XL Capital Ltd.	300,000	USD	300,000	(0.310)%	Mar 2012	—	2,733	2,733
	Barclays Bank PLC	CDX.NA.IG.8	21,199,200	USD	21,199,200	(0.600)%	Jun 2017	217,577	663,835	881,412
	Barclays Bank PLC	Southwest Airlines Company	500,000	USD	500,000	(0.640)%	Mar 2017	—	29,695	29,695
	Barclays Bank PLC	Norfolk Southern	2,000,000	USD	2,000,000	(0.450)%	Sep 2014	—	4,055	4,055
	Barclays Bank PLC	Citigroup, Inc.	4,300,000	USD	4,300,000	(0.870)%	Jun 2018	—	371,957	371,957
	Bear Stearns	Loews Corp.	200,000	USD	200,000	(0.330)%	Mar 2016	—	3,424	3,424
	Bear Stearns	CNA Financial Corp.	500,000	USD	500,000	(0.440)%	Sep 2011	—	8,539	8,539
	Bear Stearns	Sprint Nextel Corp.	1,000,000	USD	1,000,000	(1.065)%	Dec 2016	—	210,992	210,992
	BNP Paribas	JP Morgan Chase & Company	1,800,000	USD	1,800,000	(0.737)%	Mar 2018	—	4,335	4,335
	BNP Paribas	The Bear Stearns Companies, Inc.	2,000,000	USD	2,000,000	(2.180)%	Mar 2018	—	(203,098)	(203,098)
	BNP Paribas	D.R. Horton, Inc.	800,000	USD	800,000	(4.030)%	Jun 2011	—	(37,688)	(37,688)
	BNP Paribas	Vivendi	800,000	USD	800,000	(1.743)%	Jun 2013	—	(24,644)	(24,644)
	BNP Paribas	Vivendi	800,000	USD	800,000	(1.780)%	Jun 2013	—	(25,683)	(25,683)
	BNP Paribas	Vivendi	700,000	USD	700,000	(1.820)%	Jun 2013	—	(23,430)	(23,430)
	Citibank N.A	Autozone, Inc.	500,000	USD	500,000	(0.680)%	Dec 2012	—	(4,736)	(4,736)

382

DERIVATIVE INSTRUMENTS, CONTINUED


					USD	(PAY)/		UNAMORTIZED	UNREALIZED
			NOTIONAL		NOTIONAL	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	REFERENCE OBLIGATION	AMOUNT	CURRENCY	AMOUNT	FIXED RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE

Global Bond Fund, continued
	Citibank N.A	Sara Lee Corp.	500,000	USD	$500,000	(0.330)%	Sep 2011	—	$53	$53
	Citibank N.A	HSBC Finance Corp.	1,700,000	USD	1,700,000	(0.430)%	Mar 2014	—	42,090	42,090
	Citibank N.A	Nabors Industries, Inc.	2,000,000	USD	2,000,000	(0.820)%	Mar 2018	—	46,442	46,442
	Citibank N.A	Pearson PLC	1,000,000	USD	1,000,000	(0.690)%	Jun 2018	—	2,240	2,240
	Credit Suisse International	Sealed Air Corp.	700,000	USD	700,000	(0.500)%	Sep 2013	—	12,706	12,706
	Credit Suisse International	Masco Corp.	700,000	USD	700,000	(0.907)%	Dec 2016	—	57,723	57,723
	Credit Suisse International	Valeo	1,200,000	EUR	1,792,500	(1.000)%	Jun 2013	$64,403	(35,360)	29,043
	Deutsche Bank AG	Tate & Lyle Public Limited Company	300,000	USD	300,000	(0.510)%	Dec 2014	—	7,263	7,263
	Deutsche Bank AG	Nationwide Health Properties, Inc.	600,000	USD	600,000	(0.620)%	Sep 2011	—	4,304	4,304
	Deutsche Bank AG	CDX.NA.IG.9	5,130,400	USD	5,130,400	(0.800)%	Dec 2017	155,082	22,831	177,913
	Deutsche Bank AG	JP Morgan Chase & Company	400,000	USD	400,000	(0.720)%	Mar 2018	—	1,453	1,453
	Deutsche Bank AG	Citigroup, Inc.	1,800,000	USD	1,800,000	(1.336)%	Sep 2018	—	101,578	101,578
	Deutsche Bank AG	Bank of America Corp.	700,000	USD	700,000	(1.720)%	Dec 2013	—	(12,527)	(12,527)
	Deutsche Bank AG	Altria Group, Inc.	2,000,000	USD	2,000,000	(1.455)%	Mar 2019	—	31,838	31,838
	Deutsche Bank AG	Jones Apparel Group	600,000	USD	600,000	(1.000)%	Dec 2014	18,259	(8,365)	9,894
	Goldman Sachs	CDX.NA.IG.10	12,196,800	USD	12,196,800	(1.500)%	Jun 2018	(340,113)	178,327	(161,786)
	JP Morgan Chase Bank	CNA Financial Corp.	500,000	USD	500,000	(0.440)%	Sep 2011	—	8,539	8,539
	JP Morgan Chase Bank	Sabre Holdings Corp.	700,000	USD	700,000	(0.930)%	Sep 2011	—	22,682	22,682
	JP Morgan Chase Bank	D.R. Horton, Inc.	1,800,000	USD	1,800,000	(1.000)%	Mar 2015	91,404	(12,428)	78,976
	Merrill Lynch Capital Services, Inc.	Boston Scientific Corp.	700,000	USD	700,000	(0.510)%	Jun 2011	—	(144)	(144)
	Merrill Lynch Capital Services, Inc.	American General Finance Corp.	2,000,000	USD	2,000,000	(1.370)%	Dec 2017	—	613,958	613,958
	Morgan Stanley Capital Services, Inc.	Motorola, Inc.	700,000	USD	700,000	(0.725)%	Dec 2017	—	31,896	31,896
	Morgan Stanley Capital Services, Inc.	Simon Property Group, L.P.	1,000,000	USD	1,000,000	(1.047)%	Jun 2016	—	30,900	30,900
	Morgan Stanley Capital Services, Inc.	CDX.NA.IG.12	15,872,000	USD	15,872,000	(1.000)%	Jun 2014	(90,523)	(26,227)	(116,750)
	The Royal Bank of Scotland PLC	Daimler Chrysler AG	300,000	USD	300,000	(0.620)%	Sep 2011	—	227	227
	The Royal Bank of Scotland PLC	The Bear Stearns Companies, Inc.	2,400,000	USD	2,400,000	(2.223)%	Mar 2018	—	(251,152)	(251,152)
	UBS AG	Capital One Financial Corp.	600,000	USD	600,000	(0.350)%	Sep 2011	—	7,359	7,359
	UBS AG	BAE Systems PLC	700,000	USD	700,000	(0.140)%	Dec 2011	—	6,478	6,478
	UBS AG	JP Morgan Chase & Company	1,200,000	USD	1,200,000	(0.730)%	Mar 2018	—	3,495	3,495
	Wachovia Bank N.A.	American Electric Power Company,	2,000,000	USD	2,000,000	(0.450)%	Jun 2015	—	14,292	14,292
		Inc.

					$112,090,900			$333,992	$1,630,951	$1,964,943

Investment Quality Bond Fund

The Fund used credit default swaps to enhance potential gain, to take a long position in the exposure to the reference credit, hedge against potential credit events and
gain exposure to a security or credit index. During the six month period ended February 28, 2010, the Fund held credit default swaps with total USD notional amounts
as represented below.

					USD	(PAY)/		UNAMORTIZED	UNREALIZED
			NOTIONAL		NOTIONAL	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	REFERENCE OBLIGATION	AMOUNT	CURRENCY	AMOUNT	FIXED RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE

Investment Quality Bond Fund
	Goldman Sachs	Macy’s, Inc.	500,000	USD	$500,000	(2.700)%	Sep 2013	—	($20,678)	($20,678)
	UBS Securities, LLC	Cytec Industries, Inc.	475,000	USD	475,000	(1.600)%	Dec 2013	—	(12,765)	(12,765)
	UBS Securities, LLC	Everest Reinsurance Holdings, Inc.	600,000	USD	600,000	(1.800)%	Dec 2013	—	(20,757)	(20,757)

					$1,575,000			—	($54,200)	($54,200)
Real Return Bond Fund

The Fund used credit default swaps to enhance potential gain, to take a long position in the exposure to the reference credit, hedge against potential credit events and
gain exposure to a security or credit index. During the six month period ended February 28, 2010, the Fund held credit default swaps with total USD notional amounts
ranging from approximately $29.8 million to $88.2 million.

					USD	(PAY)/		UNAMORTIZED	UNREALIZED
			NOTIONAL		NOTIONAL	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	REFERENCE OBLIGATION	AMOUNT	CURRENCY	AMOUNT	FIXED RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE

Real Return Bond Fund
	Barclays Bank PLC	Cardinal Health, Inc.	1,500,000	USD	$1,500,000	(2.287)%	Jun 2017	($34,139)	($4,402)	($38,541)
	BNP Paribas	International Lease Finance Corp.	600,000	USD	600,000	(1.600)%	Dec 2013	—	108,626	108,626
	Citibank N.A.	GATX Corp.	1,000,000	USD	1,000,000	(1.070)%	Mar 2016	—	31,467	31,467
	Deutche Bank AG	Macy’s, Inc.	1,000,000	USD	1,000,000	(2.100)%	Sep 2017	—	952	952
	Goldman Sachs	RPM International, Inc.	1,000,000	USD	1,000,000	(1.500)%	Mar 2018	—	(20,015)	(20,015)
	Merrill Lynch Capital Services, Inc.	CDX.NA.IG.9	21,199,200	USD	21,199,200	(0.600)%	Dec 2012	972,884	(662,330)	310,554
	Morgan Stanley Capital Services, Inc.	Pearson PLC	2,500,000	USD	2,500,000	(0.750)%	Jun 2014	—	(21,472)	(21,472)
	The Royal Bank of Scotland PLC	Macy’s, Inc.	1,000,000	USD	1,000,000	(2.111)%	Dec 2016	—	(4,641)	(4,641)

					$29,799,200			$938,745	($571,815)	$366,930

383

DERIVATIVE INSTRUMENTS, CONTINUED


Spectrum Income Fund

The Fund used credit default swaps to take a long position in the exposure to the reference credit. During the six month period ended February 28, 2010, the Fund
held credit default swaps with total USD notional amounts ranging from approximately $76,000 to $247,000.

					USD	(PAY)/		UNAMORTIZED	UNREALIZED
			NOTIONAL		NOTIONAL	RECEIVED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	REFERENCE OBLIGATION	AMOUNT	CURRENCY	AMOUNT	FIXED RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE


Spectrum Income Fund
	JP Morgan Chase Bank	Rentokil Initial	50,000	EUR	$75,908	(2.500)%	Mar 2013	—	($3,929)	($3,929)

					$75,908			—	($3,929)	($3,929)

Implied credit spreads are utilized in determining the market value of CDS agreements in which the Fund is the Seller at period end. The implied credit spread generally represents the yield of the instrument above a credit-risk free rate, such as the U.S. Treasury Bond Yield, and may include upfront payments required to be made to enter into the agreement. It also serves as an indicator of the current status of the payment/performance risk and represents the likelihood or risk of default for the credit derivative. Wider credit spreads represent a deterioration of the referenced entity’s credit rating and an increased risk of default or other credit event occurring as defined under the terms of the agreement. The maximum potential amount of future payments (undiscounted) that the Fund as the Seller could be required to make under a CDS agreement, would be an amount equal to the notional amount of the agreement.

The following table summarizes the contracts held at February 28, 2010 and the range of contracts notional amounts held by the Funds during the six month period ended February 28, 2010. In addition the table details how the Funds used credit default swap contracts as a seller of protection during the six month period February 28, 2010.


Global Bond Fund

The Fund used credit default swaps to enhance potential gain, to take a long position in the exposure to the reference credit, hedge against potential credit events and
gain exposure to a security or credit index. During the six month period ended February 28, 2010, the Fund held credit default swaps with total USD notional amounts
ranging from approximately $1.8 million to $9.6 million.
			IMPLIED
			CREDIT				(PAY)/
			SPREAD			USD	RECEIVED		UNAMORTIZED	UNREALIZED
		REFERENCE	AT	NOTIONAL		NOTIONAL	FIXED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	OBLIGATION	2-28-2010	AMOUNT	CURRENCY	AMOUNT	RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE


Global Bond Fund
	Credit Suisse International	ABX.HE.AA.06-1	N/A	787,531	USD	$787,531	0.320%	Jul 2045	($274,770)	($229,003)	($503,773)
	Deutsche Bank AG	ABX.HE.AAA.06-2	N/A	988,248	USD	988,248	0.110%	May 2046	(356,191)	(167,475)	(523,666)

						$1,775,779			($630,961)	($396,478)	($1,027,439)

Real Return Bond Fund

The Fund used credit default swaps to enhance potential gain, to take a long position in the exposure to the reference credit, hedge against potential credit events and
gain exposure to a security or credit index. During the six month period ended February 28, 2010, the Fund held credit default swaps with total USD notional amounts
ranging from $7.4 million to $14.0 million.
			IMPLIED
			CREDIT				(PAY)/
			SPREAD			USD	RECEIVED		UNAMORTIZED	UNREALIZED
		REFERENCE	AT	NOTIONAL		NOTIONAL	FIXED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	OBLIGATION	2-28-2010	AMOUNT	CURRENCY	AMOUNT	RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE


Real Return Bond Fund
	Morgan Stanley Capital Services, Inc.	General Electric Capital	12.17%	7,000,000	USD	$7,000,000	82.228%	Mar 2011	($55,675)	$41,400	($14,275)
	Deutche Bank AG	General Electric Capital	11.30%	7,000,000	USD	7,000,000	82.228%	Mar 2011	(55,675)	41,400	(14,275)

						$14,000,000			($111,350)	$82,800	($28,550)

Total Return Fund

The Fund used credit default swaps to enhance potential gain, to take a long position in the exposure to the reference credit, hedge against potential credit events and
gain exposure to a security or credit index. During the six month period ended February 28, 2010, the Fund held credit default swaps with total USD notional amounts
ranging from $96.9 million to $124.0 million.
			IMPLIED
			CREDIT				(PAY)/
			SPREAD			USD	RECEIVED		UNAMORTIZED	UNREALIZED
		REFERENCE	AT	NOTIONAL		NOTIONAL	FIXED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	OBLIGATION	2-28-2010	AMOUNT	CURRENCY	AMOUNT	RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE


Total Return Fund
	Bank of America N.A	Sallie Mae	3.79%	2,600,000	USD	$2,600,000	5.000%	Sep 2011	($251,083)	$323,633	$72,550
	Bank of America N.A	CDX.NA.IG.10	N/A	2,411,247	USD	2,411,247	5.000%	Jun 2013	—	29,337	29,337
	Bank of America N.A.	French Government	0.58%	800,000	USD	800,000	25.000%	Mar 2015	(13,703)	1,398	(12,305)
	Bank of America N.A.	Japanese Government	0.72%	400,000	USD	400,000	1.000%	Mar 2015	4,551	2,213	6,764
	Bank of America N.A.	Berkshire Hathaway Inc.	1.25%	1,800,000	USD	1,800,000	1.000%	Mar 2015	(31,515)	13,927	(17,588)
	Barclays Bank PLC	Citigroup, Inc.	1.15%	300,000	USD	300,000	1.000%	Mar 2011	(1,684)	1,782	98
	Barclays Bank PLC	General Electric Capital Corp.	1.38%	3,900,000	USD	3,900,000	0.620%	Mar 2011	—	(26,579)	(26,579)
	Barclays Bank PLC	Ford Motor Credit Company LLC	4.22%	2,500,000	USD	2,500,000	4.150%	Sep 2012	—	16,042	16,042

384

DERIVATIVE INSTRUMENTS, CONTINUED


			IMPLIED
			CREDIT				(PAY)/
			SPREAD			USD	RECEIVED		UNAMORTIZED	UNREALIZED
		REFERENCE	AT	NOTIONAL		NOTIONAL	FIXED	MATURITY	UPFRONT	APPRECIATION	MARKET
FUND	COUNTERPARTY	OBLIGATION	2-28-2010	AMOUNT	CURRENCY	AMOUNT	RATE	DATE	PAYMENT	(DEPRECIATION)	VALUE

Total Return Fund, continued
	Barclays Bank PLC	GMAC LLC	4.19%	2,500,000	USD	$2,500,000	3.650%	Sep 2012	—	($13,273)	($13,273)
	Barclays Bank PLC	GMAC LLC	4.19%	1,300,000	USD	1,300,000	4.800%	Sep 2012	—	30,333	30,333
	Barclays Bank PLC	GAZPROM	2.35%	5,300,000	USD	5,300,000	1.600%	Dec 2012	—	(90,335)	(90,335)
	Barclays Bank PLC	CDX.NA.IG.9	N/A	14,949,732	USD	14,949,732	0.758%	Dec 2012	—	291,910	291,910
	Barclays Bank PLC	General Electric Capital Corp.	1.69%	3,900,000	USD	3,900,000	0.640%	Dec 2012	—	(106,272)	(106,272)
	Barclays Bank PLC	United Mexican States	1.27%	1,200,000	USD	1,200,000	1.000%	Mar 2015	($26,709)	13,719	(12,990)
	BNP Paribas SA	Citigroup, Inc.	1.15%	200,000	USD	200,000	1.000%	Mar 2011	(996)	1,061	65
	BNP Paribas SA	General Electric Capital Corp.	1.56%	2,000,000	USD	2,000,000	5.000%	Sep 2011	68,787	57,511	126,298
	Citibank N.A	General Electric Capital Corp.	0.50%	200,000	USD	200,000	1.100%	Mar 2010	—	501	501
	Citibank N.A	General Electric Capital Corp.	0.50%	100,000	USD	100,000	1.150%	Mar 2010	—	263	263
	Citibank N.A	General Electric Capital Corp.	1.48%	1,000,000	USD	1,000,000	5.000%	Jun 2011	(30,474)	86,211	55,737
	Citibank N.A	General Electric Capital Corp.	1.48%	1,000,000	USD	1,000,000	5.000%	Jun 2011	(28,902)	84,639	55,737
	Citibank N.A	CDX.NA.HY.8	N/A	5,777,640	USD	5,777,640	0.355%	Jun 2012	—	(6,224)	(6,224)
	Citibank N.A	CDX.NA.HY.8	N/A	4,814,700	USD	4,814,700	0.360%	Jun 2012	—	(4,593)	(4,593)
	Citibank N.A	CDX.NA.HY.8	N/A	1,348,116	USD	1,348,116	0.401%	Jun 2012	—	79	79
	Citibank N.A	General Electric Capital Corp.	1.78%	600,000	USD	600,000	4.325%	Dec 2013	—	59,588	59,588
	Citibank N.A	French Government	0.59%	1,200,000	USD	1,200,000	25.000%	Mar 2015	(19,443)	566	(18,877)
	Citibank N.A	United Mexican States	1.27%	1,200,000	USD	1,200,000	1.000%	Mar 2015	(27,256)	14,266	(12,990)
	Deutche Bank AG	General Electric Capital Corp.	1.56%	500,000	USD	500,000	1.500%	Sep 2011	—	1,013	1,013
	Deutche Bank AG	Ford Motor Credit Company LLC	4.22%	1,000,000	USD	1,000,000	5.650%	Sep 2012	—	44,508	44,508
	Deutche Bank AG	CDX.NA.IG.9	N/A	9,837,888	USD	9,837,888	0.708%	Dec 2012	—	177,482	177,482
	Deutche Bank AG	Berkshire Hathaway, Inc.	0.93%	1,600,000	USD	1,600,000	0.850%	Mar 2013	—	(934)	(934)
	Deutche Bank AG	CDX.NA.IG.10	N/A	1,928,998	USD	1,928,998	0.530%	Jun 2013	—	27,927	27,927
	Deutsche Bank AG	General Electric Capital Corp.	1.56%	2,400,000	USD	2,400,000	1.000%	Sep 2011	(50,118)	34,027	(16,091)
	Deutsche Bank AG	CDX.EM.12	N/A	1,200,000	USD	1,200,000	5.000%	Dec 2014	114,569	16,415	130,984
	Deutsche Bank AG	United Kingdom of Great	0.84%	1,600,000	USD	1,600,000	1.000%	Dec 2014	10,785	3,892	14,677
		Britain and Northern Ireland
	Deutsche Bank AG	United Mexican States	1.27%	700,000	USD	700,000	1.000%	Mar 2015	(15,900)	8,322	(7,578)
	Goldman Sachs	Citigroup, Inc.	1.15%	300,000	USD	300,000	1.000%	Mar 2011	(1,589)	1,687	98
	Goldman Sachs	French Government	0.58%	700,000	USD	700,000	0.250%	Mar 2015	(12,154)	1,387	(10,767)
	Goldman Sachs	Berkshire Hathaway, Inc.	1.25%	1,000,000	USD	1,000,000	1.000%	Mar 2015	(17,509)	7,738	(9,771)
	Goldman Sachs	CDX.NA.IG.9	N/A	868,049	USD	868,049	0.553%	Dec 2017	—	11,062	11,062
	JP Morgan Chase Bank	General Electric Capital Corp.	1.56%	2,400,000	USD	2,400,000	5.000%	Sep 2011	82,544	69,014	151,558
	JP Morgan Chase Bank	United Kingdom of Great	0.86%	1,100,000	USD	1,100,000	1.000%	Mar 2015	5,172	4,502	9,674
		Britain and Northern Ireland
	JP Morgan Chase Bank	Japanese Government	0.72%	800,000	USD	800,000	1.000%	Mar 2015	9,484	4,044	13,528
	JP Morgan Chase Bank	United Kingdom of Great	0.86%	2,300,000	USD	2,300,000	1.000%	Mar 2015	9,728	10,498	20,226
		Britain and Northern Ireland
	JP Morgan Chase Bank	CDX.NA.IG.9	N/A	1,928,998	USD	1,928,998	0.553%	Dec 2017	—	25,257	25,257
	Morgan Stanley Capital Services Inc.	CDX.NA.IG.9	N/A	3,900,000	USD	3,900,000	0.963%	Dec 2012	—	85,527	85,527
	Morgan Stanley Capital Services Inc.	GAZPROM	2.37%	1,000,000	USD	1,000,000	2.180%	Feb 2013	—	(5,115)	(5,115)
	Morgan Stanley Capital Services Inc.	Federative Republic of Brazil	1.04%	900,000	USD	900,000	1.660%	Mar 2013	—	23,356	23,356
	Morgan Stanley Capital Services Inc.	General Electric Capital Corp.	1.56%	2,300,000	USD	2,300,000	1.000%	Sep 2011	(29,868)	14,447	(15,421)
	Morgan Stanley Capital Services Inc.	United Kingdom of Great	0.84%	300,000	USD	300,000	1.000%	Dec 2014	2,154	598	2,752
		Britain and Northern Ireland
	Societe Generale Paris	United Kingdom of Great	0.86%	5,000,000	USD	5,000,000	1.000%	Mar 2015	9,380	35,007	44,387
		Britain and Northern Ireland
	Societe Generale Paris	United Kingdom of Great	0.86%	8,600,000	USD	8,600,000	1.000%	Mar 2015	36,338	40,008	76,346
		Britain and Northern Ireland
	The Royal Bank of Scotland PLC	French Government	0.61%	1,100,000	USD	1,100,000	25.000%	Mar 2015	(18,856)	520	(18,336)
	UBS AG	General Electric Capital Corp.	0.95%	2,500,000	USD	2,500,000	1.000%	Sep 2010	(11,818)	17,391	5,573
	UBS AG	Citigroup, Inc.	1.15%	900,000	USD	900,000	1.000%	Mar 2011	(4,766)	5,060	294
	UBS AG	GAZPROM	2.37%	1,000,000	USD	1,000,000	2.180%	Feb 2013	—	(5,115)	(5,115)
	UBS AG	Berkshire Hathaway, Inc.	1.25%	1,000,000	USD	1,000,000	1.000%	Mar 2015	(17,962)	8,191	(9,771)

						$123,965,368			($258,813)	$1,449,419	$1,190,606

385

DERIVATIVE INSTRUMENTS, CONTINUED

Cash Collateral Received by Funds For certain transactions the Funds may receive cash collateral from counterparties. At February 28, 2010, the following Funds held cash collateral with respect to the financial instruments below:


	Cash Collateral Held
Fund	Swaps

Global Bond Fund	$9,150,000
Real Return Bond Fund	1,360,000
Total Return Fund	10,300,000



Fair Value of Derivative Instruments by Risk Category The table below summarizes the fair value of derivatives held by the Funds at February 28, 2010 by
risk category:

		Statements of
		Assets and	Financial	Asset	Liability
		Liabilities	instruments	Derivatives	Derivatives
Fund		location	location	Fair Value	Fair Value

Active Bond Fund	Interest rate contracts	Receivable/Payable for	Futures^†	$14,425	($47,596)
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments

	Total			$14,425	($47,596)
All Cap Core Fund	Equity Contracts	Receivable/Payable for	Futures^†	$7,996	($14,532)
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments

	Total			$7,996	($14,532)
Alpha Opportunities Fund	Foreign exchange contracts	Receivable/Payable for	Foreign forward currency	$26,608	($110,851)
		foreign forward currency	contracts
		exchange contracts

	Total			$26,608	($110,851)
Emerging Markets Debt Fund	Interest rate contracts	Receivable/Payable for	Futures^†	—	($7,839)
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments
	Foreign currency contracts	Receivable/Payable for	Foreign forward currency	—	(1,047)
		foreign forward currency	contracts
		exchange contracts

	Total			—	(8,886)
Global Bond Fund	Interest rate contracts	Receivable/Payable for	Futures^†/Written Options/	$2,542,329	($885,384)
		futures variation margin; Net	Interest rate swaps
		unrealized appreciation
		(depreciation) on
		investments; Written options,
		at value; Swap contracts, at
		value
	Credit Contracts	Swap contracts, at value	Credit default swaps	2,986,478	(2,048,974)
	Foreign exchange contracts	Receivable/Payable for	Foreign forward currency	8,082,741	(4,741,001)
		foreign forward currency	contracts/Written Options
		exchange contracts; Written
		options, at value

	Total			$13,611,548	($7,675,359)
High Income Fund	Foreign exchange contracts	Receivable/Payable for	Foreign forward currency	$22,446	($4,828)
		foreign forward currency	contracts/Written Options/
		exchange contracts; Written	Purchased Options
		options, at value;
		Investments in unaffiliated
		issuers, at value*

	Total			$22,446	($4,828)
High Yield Fund	Interest rate contracts	Receivable/Payable for	Futures^†	$339,230	($334,402)
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments
	Foreign currency contracts	Receivable/Payable for	Foreign forward currency	—	(1,617)
		foreign forward currency	contracts
		exchange contracts

	Total			$339,230	($336,019)
Index 500 Fund	Equity Contracts	Receivable for futures	Futures^†	$57,391	—
		variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments

	Total			$57,391	—

386

DERIVATIVE INSTRUMENTS, CONTINUED



		Statements of
		Assets and	Financial	Asset	Liability
		Liabilities	instruments	Derivatives	Derivatives
Fund		location	location	Fair Value	Fair Value

International Equity Index	Foreign currency contracts	Receivable/Payable for	Foreign forward currency	$135,793	($240,986)
Fund		foreign forward currency	contracts
		exchange contracts
	Equity Contracts	Receivable/Payable for	Futures^†	44,645	(229,415)
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments

	Total			$135,793	($240,986)
Investment Quality Bond Fund	Interest rate contracts	Receivable/Payable for	Futures^†/Interest rate swaps	$147,641	($58,792)
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments; Swap contracts,
		at value
	Credit Contracts	Swap contracts, at value	Credit default swaps	—	(54,200)
	Foreign exchange contracts	Receivable/Payable for	Foreign forward currency	171,160	(288,306)
		foreign forward currency	contracts
		exchange contracts

	Total			$318,801	($401,298)
Mid Cap Index Fund	Equity Contracts	Receivable/Payable for	Futures^†	$408,518	—
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments

	Total			$408,518	—
Mid Cap Stock Fund	Foreign exchange contracts	Receivable/Payable for	Foreign forward currency	$69,454	($272,931)
		foreign forward currency	contracts
		exchange contracts

	Total			$69,454	($272,931)
Real Return Bond Fund	Interest rate contracts	Receivable/Payable for	Futures^†/Written Options/	$3,106,699	($1,279,227)
		futures variation margin; Net	Interest rate swaps
		unrealized appreciation
		(depreciation) on
		investments; Written options,
		at value; Swap contracts, at
		value
	Credit Contracts	Swap contracts, at value	Credit default swaps	451,599	(113,219)
	Foreign exchange contracts	Receivable/Payable for	Foreign forward currency	1,380,953	(654,165)
		foreign forward currency	contracts/Written Options
		exchange contracts; Written
		options, at value

	Total			$4,939,251	($2,046,611)
Small Cap Index Fund	Equity Contracts	Receivable/Payable for	Futures^†	$68,279	—
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments

	Total			$68,279	—
Smaller Company Growth	Equity Contracts	Receivable/Payable for	Futures^†	$11,104	—
Fund		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments

	Total			$11,104	—
Spectrum Income Fund	Interest rate contracts	Receivable/Payable for	Futures^†	$141	($132,549)
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments
	Credit Contracts	Swap contracts, at value	Credit default swaps	—	(3,929)
	Foreign currency contracts	Receivable/Payable for	Futures^†/Foreign forward	705,950	(418,233)
		futures variation margin, at	currency contracts
		value; Net unrealized
		appreciation (depreciation)
		on investments; Receivable/
		Payable for foreign forward
		currency exchange contracts

	Total			$706,091	($554,711)

387

DERIVATIVE INSTRUMENTS, CONTINUED



		Statements of
		Assets and	Financial	Asset	Liability
		Liabilities	instruments	Derivatives	Derivatives
Fund		location	location	Fair Value	Fair Value

Strategic Bond Fund	Interest rate contracts	Receivable/Payable for	Futures^†/Written Options/	$679,677	($433,138)
		futures variation margin; Net	Purchased Options/Interest
		unrealized appreciation	rate swaps
		(depreciation) on
		investments; Written options,
		at value; Swap contracts, at
		value
	Foreign exchange contracts	Receivable/Payable for	Foreign forward currency	13,380	(115,220)
		foreign forward currency	contracts
		exchange contracts

	Total			$693,057	($548,358)
Total Return Fund	Interest rate contracts	Receivable/Payable for	Futures^†/Written Options/	$19,945,089	($1,912,962)
		futures variation margin; Net	Interest rate swaps
		unrealized appreciation
		(depreciation) on
		investments; Written options,
		at value; Swap contracts, at
		value
	Credit Contracts	Swap contracts, at value;	Credit default swaps/Written	1,611,531	(466,086)
		Written options, at value	Options
	Foreign exchange contracts	Receivable/Payable for	Foreign forward currency	1,995,170	(1,350,916)
		foreign forward currency	contracts/Written Options
		exchange contracts; Written
		options, at value

	Total			$23,551,790	($3,729,964)
U.S. Government Securities	Interest rate contracts	Receivable/Payable for	Futures^†/Written Options	$410,267	($75,920)
Fund		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments; Written options,
		at value

	Total			$410,267	($75,920)
U.S. Multi Sector Fund	Equity Contracts	Receivable/Payable for	Futures^†	—	($65,755)
		futures variation margin; Net
		unrealized appreciation
		(depreciation) on
		investments

	Total			—	($65,755)
Vista Fund	Foreign currency contracts	Receivable/Payable for	Foreign forward currency	$14,796	—
		foreign forward currency	contracts
		exchange contracts

	Total			$14,796	—

* Purchased options are included in the Portfolio’s Investments

† Reflects cumulative appreciation/depreciation on futures as disclosed in Note 3. Only the year end variation margin is separately disclosed in the Statements of Assets and Liabilities.

Effect of Derivative Instruments on the Statements of Operations The table below summarizes the net realized gain (loss) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the six month period ended February 28, 2010:


	Statements of Operations Location—Net Realized Gain (Loss) on:

		Investments	Written	Futures	Swap	Foreign Currency
Fund	Risk	(Purchased Options)	Options	contracts	contracts	Transactions*	Total

Active Bond Fund	Interest rate contracts	—	$27,312	($48,667)	—	—	($21,355)

	Total	—	$27,312	($48,667)	—	—	($21,355)
All Cap Core Fund	Equity contracts	—	—	$5,361,127	—	—	$5,361,127
	Total	—	—	$5,361,127	—	—	$5,361,127
Alpha Opportunities Fund	Foreign currency contracts	—	—	—	—	$52	52

	Total	—	—	—	—	$52	$52
Emerging Markets Debt Fund	Interest rate contracts	—	—	$607	—	—	$607
	Foreign currency contracts	—	—	—	—	($8,291)	(8,291)

	Total	—	—	$607	—	($8,291)	($7,684)
Global Bond Fund	Interest rate contracts	—	$1,125,115	$3,335,259	$2,604,675	—	$7,065,049
	Credit contracts	—	—	—	(759,194)	—	(759,194)
	Foreign currency contracts	—	319,401	—	—	$11,221,931	11,541,332

	Total	—	$1,444,516	$3,335,259	$1,845,481	$11,221,931	$17,847,187
Global Real Estate Fund	Foreign currency contracts	—	—	—	—	($55,908)	(55,908)

	Total	—	—	—	—	($55,908)	($55,908)
High Income Fund	Interest rate contracts	($200,138)	—	—	—	—	($200,138)
	Foreign currency contracts	—	—	—	—	($247,238)	(247,238)
	Equity contracts	506,767	—	—	—	—	506,767
	Total	$306,629	—	—	—	($247,238)	$59,391

388

DERIVATIVE INSTRUMENTS, CONTINUED



	Statements of Operations Location—Net Realized Gain (Loss) on:

		Investments	Written	Futures	Swap	Foreign Currency
Fund	Risk	(Purchased Options)	Options	contracts	contracts	Transactions*	Total

High Yield Fund	Interest rate contracts	—	—	($14,451)	—	—	($14,451)
	Foreign currency contracts	—	—	—	—	$108,733	108,733

	Total	—	—	($14,451)	—	$108,733	$94,282
Index 500 Fund	Equity contracts	—	—	$6,018,914	—	—	$6,018,914

	Total	—	—	$6,018,914	—	—	$6,018,914
International Equity Index Fund	Foreign currency contracts	—	—	—	—	$542,059	$542,059
	Equity contracts	—	��	$1,966,213	—	—	1,966,213

	Total	—	—	$1,966,213	—	$542,059	$2,508,272
International Small Company Fund	Foreign currency contracts	—	—	—	—	($8,726)	(8,726)

	Total	—	—	—	—	($8,726)	($8,726)
Investment Quality Bond Fund	Interest rate contracts	—	—	($205,646)	($61,507)	—	($267,153)
	Credit contracts	—	—	—	(16,127)	—	(16,127)
	Foreign currency contracts	—	—	—	—	($62,139)	(62,139)

	Total	—	—	($205,646)	($77,634)	($62,139)	($345,419)
Mid Cap Index Fund	Equity contracts	—	—	$3,759,105	—	—	$3,759,105

	Total	—	—	$3,759,105	—	—	$3,759,105
Mid Cap Stock Fund	Foreign currency contracts	—	—	—	—	($2)	(2)

	Total	—	—	—	—	($2)	($2)
Real Return Bond Fund	Interest rate contracts	—	$1,746,734	$2,758,867	$2,070,416	—	$6,576,017
	Credit contracts	—	—	—	(3,152,422)	—	(3,152,422)
	Foreign currency contracts	—	—	—	—	($984,011)	(984,011)

	Total	—	$1,746,734	$2,758,867	($1,082,006)	($984,011)	$2,439,584
Small Cap Index Fund	Equity contracts	—	—	$96,334	—	—	$96,334

	Total	—	—	$96,334	—	—	$96,334
Smaller Company Growth Fund	Equity contracts	—	—	$60,565	—	—	$60,565

	Total	—	—	$60,565	—	—	$60,565
Spectrum Income Fund	Interest rate contracts	—	—	$473,017	$19,724	—	$492,741
	Credit contracts	—	—	—	(5,894)	—	(5,894)
	Foreign currency contracts	—	—	(203,471)	—	($25,820)	(229,291)

	Total	—	—	$269,546	$13,830	($25,820)	$257,556
Strategic Bond Fund	Interest rate contracts	($52,797)	$61,621	$1,874,882	—	—	$1,883,706
	Foreign currency contracts	—	—	—	—	$172,905	172,905

	Total	($52,797)	$61,621	$1,874,882	—	$172,905	$2,056,611
Total Return Fund	Interest rate contracts	—	$3,093,443	$16,821,611	$31,034,193	—	$50,949,247
	Credit contracts	—	—	—	660,702	—	660,702
	Foreign currency contracts	—	123,140	—	—	$1,479,901	1,603,041

	Total	—	$3,216,583	$16,821,611	$31,694,895	$1,479,901	$53,212,990
U.S. Government Securities Fund	Interest rate contracts	—	$97,264	$1,558,228	—	—	$1,655,492

	Total	—	$97,264	$1,558,228	—	—	$1,655,492
U.S. Multi Sector Fund	Equity contracts	—	—	$2,160,910	—	—	$2,160,910

	Total	—	—	$2,160,910	—	—	$2,160,910
Vista Fund	Foreign currency contracts	—	—	—	—	$28,735	28,735
	Total	—	—	—	—	$28,735	$28,735

* Realized gain/loss associated with forward foreign currency contracts is included in the caption on the Statements of Operations.



	Statements of Operations Location—Change in Unrealized Appreciation (Depreciation) of:

						Translation of assets
		Investments	Written	Futures	Swap	and liabilities in
Fund	Risk	(Purchased Options)	Options	contracts	contracts	foreign currencies*	Total

Active Bond Fund	Interest rate contracts	—	—	$13,898	—	—	$13,898

	Total	—	—	$13,898	—	—	$13,898
All Cap Core Fund	Equity contracts	—	—	($3,835,628)	—	—	($3,835,628)

	Total	—	—	($3,835,628)	—	—	($3,835,628)
Alpha Opportunities Fund	Foreign currency contracts	—	—	—	—	($84,243)	(84,243)

	Total	—	—	—	—	($84,243)	($84,243)
Emerging Markets Debt Fund	Interest rate contracts	—	—	($7,839)	—	—	($7,839)
	Foreign currency contracts	—	—	—	—	($1,047)	(1,047)

	Total	—	—	($7,839)	—	($1,047)	($8,886)
Global Bond Fund	Interest rate contracts	—	$191,387	($479,716)	($474,480)	—	($762,809)
	Credit contracts	—	—	—	(826,353)	—	(826,353)
	Foreign currency contracts	—	451,024	—	—	($205,221)	245,803

	Total	—	$642,411	($479,716)	($1,300,833)	($205,221)	($1,343,359)
High Income Fund	Foreign currency contracts	($935,312)	$935,312	—	—	$240,943	240,943
	Equity contracts	2,290,942	—	—	—	—	2,290,942
	Total	$1,355,630	$935,312	—	—	$240,943	$2,531,885

389

DERIVATIVE INSTRUMENTS, CONTINUED



	Statements of Operations Location—Change in Unrealized Appreciation (Depreciation) of:

						Translation of assets
		Investments	Written	Futures	Swap	and liabilities in
Fund	Risk	(Purchased Options)	Options	contracts	contracts	foreign currencies*	Total

High Yield Fund	Interest rate contracts	—	—	$4,828	—	—	$4,828
	Foreign currency contracts	—	—	—	—	($1,617)	(1,617)

	Total	—	—	$4,828	—	($1,617)	$3,211
Index 500 Fund	Equity contracts	—	—	($2,315,846)	—	—	($2,315,846)

	Total	—	—	($2,315,846)	—	—	($2,315,846)
International Equity Index Fund	Foreign currency contracts	—	—	—	—	($521,693)	($521,693)
	Equity contracts	—	—	($1,819,269)	—	—	(1,819,269)

	Total	—	—	($1,819,269)	—	($521,693)	($2,340,962)
Investment Quality Bond Fund	Interest rate contracts	—	—	$18,683	$125,800	—	$144,483
	Credit contracts	—	—	—	(43,232)	—	(43,232)
	Foreign currency contracts	—	—	—	—	($52,277)	(52,277)

	Total	—	—	$18,683	$82,568	($52,277)	$48,974
Mid Cap Index Fund	Equity contracts	—	—	($1,261,294)	—	—	($1,261,294)

	Total	—	—	($1,261,294)	—	—	($1,261,294)
Mid Cap Stock Fund	Foreign currency contracts	—	—	—	—	($203,477)	(203,477)

	Total	—	—	—	—	($203,477)	($203,477)
Real Return Bond Fund	Interest rate contracts	—	$1,195,473	$1,127,531	($2,122,852)	—	$200,152
	Credit contracts	—	—	—	1,501,541	—	1,501,541
	Foreign currency contracts	—	(29,210)	—	—	$1,374,601	1,345,391

	Total	—	$1,166,263	$1,127,531	($621,311)	$1,374,601	$3,047,084
Small Cap Index Fund	Equity contracts	—	—	($131,881)	—	—	($131,881)

	Total	—	—	($131,881)	—	—	($131,881)
Smaller Company Growth Fund	Equity contracts	—	—	$6,923	—	—	$6,923

	Total	—	—	$6,923	—	—	$6,923
Spectrum Income Fund	Interest rate contracts	—	—	($42,934)	$40,686	—	($2,248)
	Credit contracts	—	—	—	3,583	—	3,583
	Foreign currency contracts	—	—	61,001	—	$352,789	413,790

	Total	—	—	$18,067	$44,269	$352,789	$415,125
Strategic Bond Fund	Interest rate contracts	($10,823)	($3,809)	($743,525)	($45,230)	—	($803,387)
	Foreign currency contracts	—	—	—	—	($101,840)	(101,840)

	Total	($10,823)	($3,809)	($743,525)	($45,230)	($101,840)	($905,227)
Total Return Fund	Interest rate contracts	—	$3,565,010	($4,142,434)	($18,394,065)	—	($18,971,489)
	Credit contracts	—	5,926	—	2,317,433	—	2,323,359
	Foreign currency contracts	—	(11,522)	—	—	$691,515	679,993

	Total	—	$3,559,414	($4,142,434)	($16,076,632)	$691,515	($15,968,137)
U.S. Government Securities Fund	Interest rate contracts	—	$480,484	($538,066)	—	—	($57,582)

	Total	—	$480,484	($538,066)	—	—	($57,582)
U.S. Multi Sector Fund	Equity contracts	—	—	($1,639,004)	—	—	($1,639,004)

	Total	—	—	($1,639,004)	—	—	($1,639,004)
Vista Fund	Foreign currency contracts	—	—	—	—	$14,796	$14,796
	Total	—	—	—	—	$14,796	$14,796

* Change in unrealized appreciation/depreciation associated with forward foreign currency contracts is included in the caption on the Statements of Operations.

4. GUARANTEES AND INDEMNIFICATIONS Under the Funds’ organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Funds enter into contracts with service providers that contain general indemnification clauses. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred.

5. FEES AND TRANSACTIONS WITH AFFILIATES John Hancock Investment Management Services, LLC (the Adviser) serves as investment adviser for the Funds. John Hancock Funds, LLC (the Distributor), an affiliate of the Adviser, serves as principal underwriter of the Funds. The Adviser and the Distributor are indirect wholly owned subsidiaries of MFC.

Management Fee The Funds have an investment management contract with the Adviser under which the Funds pay a monthly management fee to the Adviser equivalent, on an annual basis, as detailed below. Aggregate net assets generally include the net assets of the Funds and the net assets of a similar fund of JHF II, unless otherwise note below. JHF II Funds are advised by the Adviser and are distributed by an affiliate of the Adviser, John Hancock Distributors, LLC.

• Active Bond Fund — 0.60% of the aggregate net assets.

• All Cap Core Fund — a) 0.80% of the first $500 million of aggregate net assets and b) 0.75% of the excess over $500 million of aggregate net assets.

• All Cap Growth Fund — Prior to January 15, 2010: a) 0.85% of the first $500 million of aggregate net assets; b) 0.825% of aggregate net assets between $500 million and $1 billion; and c) 0.80% of the excess over $1 billion of aggregate net assets. Post January 15, 2010: a) 0.85% of the first $300 million of aggregate net assets; b) 0.80% of aggregate net assets between $300 million and $500 million; c) 0.70% of aggregate net assets between $500 million and $1 billion; and d) 0.67% of the excess over $1 billion of aggregate net assets.

• All Cap Value Fund — a) 0.85% of the first $250 million of aggregate net assets; b) 0.80% of aggregate net assets between $250 million and $500 million; and d) 0.75% of the excess over $500 million of aggregate net assets.

390

FEES AND TRANSACTIONS WITH AFFILIATES, CONTINUED

• Alpha Opportunities Fund — a) 1.025% of the first $250 million of aggregate net assets; b) 1.00% of aggregate net assets between $250 million and $500 million; and c) 0.975% of the excess over $500 million of aggregate net assets.

• Alternative Asset Allocation Fund — a) 0.15% on affiliated assets and b) 0.60% on other assets.

• Core Bond Fund — a) 0.69% of the first $200 million of aggregate net assets; b) 0.64% of aggregate net assets between $200 million and $400 million; and c) 0.57% of the excess over $400 million of aggregate net assets.

• Core Fundamental Holdings Portfolio, Core Global Diversification Portfolio and Core Diversified Growth and Income Portfolio — Aggregate net assets include the net assets of the Fund and the net assets of similar funds of JHF II for all the funds listed. The monthly management fee paid on these assets is a) 0.05% on the first $500 million of aggregate net assets and 0.04% on the excess over $500 million of aggregate net assets.

• Blue Chip Growth Fund and Equity-Income Fund — a) 0.825% of the first $1 billion of aggregate net assets and b) 0.80% of the excess over $1 billion of aggregate net assets.

• Capital Appreciation Fund — a) 0.85% of the first $300 million of aggregate net assets; b) 0.80% of aggregate net assets between $300 million and $500 million; c) 0.70% of the aggregate net assets between $500 million and $1 billion; and d) 0.67% of the excess over $1 billion of aggregate net assets.

• Emerging Markets Debt Fund — a) 0.725% of the first $250 million of aggregate net assets; b) $0.700% of aggregate nets assets between $250 million and $750 million; and c) 0.675% of the excess over $750 million of aggregate net assets.

• Emerging Markets Value Fund and International Small Company Fund — a) 1.00% of the first $100 million of aggregate net assets and b) 0.95% excess over $100 million of aggregate net assets.

• Fundamental Value Fund — a) 0.85% of the first $50 million of aggregate net assets; b) 0.80% of aggregate net assets between $50 million and $500 million; and c) 0.75% of the excess over $500 million of aggregate net assets.

• Global Bond and Real Estate Securities Fund — 0.70% of aggregate net assets.

• Global Agribusiness Fund, Global Infrastructure Fund and Global Timber Fund — a) 0.85% of the first $250 million of average net assets and b) 0.80% excess over $250 million of average net assets.

• Global Real Estate Fund — a) 0.95% of the first $500 million of average net assets; b) 0.925% of average net assets between $500 million and $750 million; and c) 0.90% of the excess over $750 million of average net assets.

• High Income Fund — a) 0.725% of the first $150 million of aggregate net assets; b) 0.675% of aggregate net assets between $150 million and $500 million; c) 0.65% of the aggregate net assets between $500 million and $2.5 billion; and d) 0.60% of the excess over $2.5 billion of aggregate net assets.

• High Yield Fund — a) 0.70% of the first $500 million of aggregate net assets and b) 0.65% of the excess over $500 million of aggregate net assets.

• Index 500 Fund — a) 0.47% of the first $500 million of aggregate net assets and b) 0.46% of the excess over $500 million of aggregate net assets.

• International Equity Index Fund — a) 0.55% of the first $100 million of aggregate net assets and b) 0.53% of the excess over $100 million of aggregate net assets.

• International Small Cap Fund — a) 1.05% of the first $200 million of average net assets; b) 0.95% of average net assets between $200 million and $500 million; and c) 0.85% of the excess over $500 million of average net assets.

• International Opportunities Fund — a) 0.90% of the first $750 million of aggregate net assets; b) 0.85% of aggregate net assets between $750 million and $1.5 billion; and c) 0.80% of the excess over $1.5 billion of aggregate net assets.

• International Value Fund — Aggregate nets assets are the aggregate net assets of International Value Fund, JHT International Value Trust and Global Trust. The advisory paid is as follows: a) 0.95% of the first $200 million of aggregate net assets; b) 0.85% of aggregate net assets between $200 million and $500 million and c) 0.80% excess over $500 million of aggregate net assets.

• Investment Quality Bond Fund — a) 0.60% of the first $500 million of aggregate net assets and b) 0.55% of the excess over $500 million of aggregate net assets.

• Large Cap Fund — a) 0.78% of the first $250 million of aggregate net assets; b) 0.73% of aggregate net assets between $250 million and $500 million; c) 0.68% of aggregate net assets between $500 million and $750 million; and d) 0.65% of the excess over $750 million of aggregate net assets.

• Large Cap Value Fund — a) 0.825% of the first $500 million of aggregate net assets; b) 0.80% of aggregate net assets between $500 million and $1 billion; c) 0.775% of aggregate net assets between $1 billion and $1.5 billion; d) 0.72% of aggregate net assets between $1.5 billion and $2 billion; and e) 0.70% of the excess over $2 billion of aggregate net assets.

• Mid Cap Index Fund and Small Cap Index Fund — a) 0.49% of the first $250 million of aggregate net assets; b) 0.48% of aggregate net assets between $250 million and $500 million; and c) 0.46% of the excess over $500 million of aggregate net assets.

• Mid Cap Stock Fund — a) 0.875% of the first $200 million of aggregate net assets; b) 0.85% of aggregate net assets between $200 million and $500 million; and c) 0.825% of the excess over $500 million of aggregate net assets.

• Mid Cap Value Equity Fund — a) 0.875% of the first $250 million of aggregate net assets; b) 0.85% of aggregate net assets between $250 million and $500 million; c) 0.825% of aggregate net assets between $500 million and $1 billion; and d) 0.80% of the excess over $1 billion of aggregate net assets.

• Mid Value Fund — a) 1.05% of the first $50 million of aggregate net assets and b) 1.00% excess over $50 million of aggregate net assets.

• Optimized Value Fund — a) 0.70% of the first $500 million of aggregate net assets; b) 0.65% of aggregate net assets between $500 million and $1 billion; and c) 0.60% of the excess over $1 billion of aggregate net assets.

• Real Estate Equity Fund — a) 0.875% of the first $250 million of aggregate net assets; b) 0.85% of aggregate net assets between $250 million and $500 million; and c) 0.825% of the excess over $500 million of aggregate net assets.

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• Real Return Bond Fund — a) 0.70% of the first $1 billion of aggregate net assets and b) 0.65% excess over $1 billion of aggregate net assets.

• Short-Term Government Income Fund — a) 0.57% of the first $250 million of aggregate net assets and b) 0.55% excess over $250 million of aggregate net assets

• Small Cap Growth Fund and Small Cap Value Fund — a) 1.10% of the first $100 million of aggregate net assets and b) 1.05% excess over $100 million of aggregate net assets.

• Small Cap Opportunities Fund — a) 1.00% of the first $500 million of aggregate net assets; b) 0.95% of aggregate net assets between $500 million and $1 billion; c) 0.90% of aggregate net assets between $1 billion and $2 billion; and d) 0.85% of the excess over $2 billion of aggregate net assets.

• Small Company Growth Fund — a) 1.05% of the first $250 million of aggregate net assets and b) 1.00% excess over $250 million of aggregate net assets. However, when the aggregate net assets of Small Company Growth Fund, JHT Small Company Growth Trust, All Cap Growth Fund and JHT All Cap Growth Trust exceed $1 billion, then the advisory rate for Small Company Growth Trust will be 1.00% for all asset levels of the Fund.

• Smaller Company Growth Fund — a) 1.10% of the first $125 million of aggregate net assets; b) 1.05% of aggregate net assets between $125 million and $375 million; c) 1.00% of aggregate net assets between $375 million and $1 billion and d) 0.95% of the excess over $1 billion of aggregate net assets.

• Small Company Value Fund — a) 1.05% of the first $500 million of aggregate net assets and b) 1.00% excess over $500 million of aggregate net assets.

• Spectrum Income Fund — a) 0.80% of the first $250 million of aggregate net assets and b) 0.725% excess over $250 million of aggregate net assets.

• Strategic Bond Fund — a) 0.70% of the first $500 million of aggregate net assets and b) 0.65% excess over $500 million of aggregate net assets.

• Total Bond Market Fund — 0.49% of the first $500 million of aggregate net assets and b) 0.47% excess over $500 million of aggregate net assets.

• Total Return Fund — a) 0.70% of the first $1 billion of aggregate net assets and b) 0.675% excess over $1 billion of aggregate net assets.

• U.S. Government Securities Fund — a) 0.62% of the first $500 million of aggregate net assets and b) 0.55% excess over $500 million of aggregate net assets.

• U.S. High Yield Bond Fund — a) 0.75% of the first $200 million of aggregate net assets and b) 0.72% excess over $200 million of aggregate net assets.

• U.S. Multi Sector Fund — a) 0.78% of the first $500 million of aggregate net assets; b) 0.76% of aggregate net assets between $500 million and $1 billion; c) 0.75% of aggregate net assets between $1 billion and $2.5 billion and d) 0.74% of the excess over $2.5 billion of aggregate net assets.

• Value Fund — a) 0.75% of the first $200 million of aggregate net assets; b) 0.725% of aggregate net assets between $200 million and $500 million; and c) 0.65% of the excess over $500 million of aggregate net assets.

• Value & Restructuring Fund — a) 0.825% of the first $500 million of aggregate net assets; b) 0.80% of aggregate net assets between $500 million and $1 billion; and c) 0.775% of the excess over $1 billion of aggregate net assets.

• Vista Fund — a) 0.90% of the first $200 million of aggregate net assets; b) 0.85% of aggregate net assets between $200 million and $400 million; c) 0.825% of aggregate net assets between $400 million and $1 billion and d) 0.80% of the excess over $1 billion of aggregate net assets.

The organizations described below act as the subadvisers to the Trust and its Funds pursuant to Subadvisory Agreements with the Adviser. Fund management is allocated among the following managers:


Fund	Subadviser

Active Bond Fund	Declaration Management and Research, LLC and MFC Global Investment Management (U.S.), LLC*
All Cap Core Fund	Deutsche Investment Management Americas, Inc.
All Cap Growth Fund	Jennison Associates, LLC
All Cap Value Fund	Lord, Abbett & Company, LLC
Alpha Opportunities Fund	Wellington Management Company, LLP
Alternative Asset Allocation Fund	MFC Global Investment Management (U.S.A.) Limited*
Blue Chip Growth Fund	T. Rowe Price Associates, Inc.
Capital Appreciation Fund	Jennison Associates, LLC
Core Bond Fund	Wells Capital Management, Inc.
Core Diversified Growth & Income Portfolio	MFC Global Investment Management (U.S.A.) Limited*
Core Fundamental Holdings Portfolio	MFC Global Investment Management (U.S.A.) Limited*
Core Global Diversification Portfolio	MFC Global Investment Management (U.S.A.) Limited*
Emerging Markets Debt Fund	MFC Global Investment Management (U.S.), LLC*
Emerging Markets Value Fund	Dimensional Fund Advisors L.P.
Equity-Income Fund	T. Rowe Price Associates, Inc.
Fundamental Value Fund	Davis Selected Advisors, L.P.
Global Agribusiness Fund	MFC Global Investment Management (U.S.A.) Limited*
Global Bond Fund	Pacific Investment Management Company, LLC
Global Infrastructure Fund	MFC Global Investment Management (U.S.A.) Limited*
Global Real Estate Fund	Deutsche Investment Management Americas, Inc.
Global Timber Fund	MFC Global Investment Management (U.S.A.) Limited*
High Income Fund	MFC Global Investment Management (U.S.), LLC*
High Yield Fund	Western Asset Management Company
Index 500 Fund	MFC Global Investment Management (U.S.A.) Limited*
International Equity Index Fund	SSgA Funds Management, Inc.
International Opportunities Fund	Marsico Capital Management, LLC
International Small Cap Fund	Franklin Templeton Investment Corp.

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Fund	Subadviser

International Small Company Fund	Dimensional Fund Advisors, L.P.
International Value Fund	Templeton Investment Counsel, LLC
Investment Quality Bond Fund	Wellington Management Company, LLP
Large Cap Fund	UBS Global Asset Management (Americas), Inc.
Large Cap Value Fund	BlackRock Investment Management, LLC
Mid Cap Index Fund	MFC Global Investment Management (U.S.A.) Limited*
Mid Cap Stock Fund	Wellington Management Company, LLP
Mid Cap Value Equity Fund	RiverSource Investments, LLC
Mid Value Fund	T. Rowe Price Associates, Inc.
Optimized Value Fund	MFC Global Investment Management (U.S.A.) Limited*
Real Estate Equity Fund	T. Rowe Price Associates, Inc.
Real Estate Securities Fund	Deutsche Investment Management Americas, Inc.
Real Return Bond Fund	Pacific Investment Management Company, LLC
Short Term Government Income Fund	MFC Global Investment Management (U.S.), LLC*
Small Cap Growth Fund	Wellington Management Company, LLP
Small Cap Index Fund	MFC Global Investment Management (U.S.A.) Limited*
Small Cap Opportunities Fund	Invesco Advisers, Inc. and Dimensional Fund Advisors, L.P.
Small Cap Value Fund	Wellington Management Company, LLP
Small Company Growth Fund	Invesco Advisers, Inc.
Small Company Value Fund	T. Rowe Price Associates, Inc.
Smaller Company Growth Fund	MFC Global Investment Management (U.S.A.) Limited*, Frontier Capital Management Company, LLC
	and Perimeter Capital Management
Spectrum Income Fund	T. Rowe Price Associates, Inc.
Strategic Bond Fund	Western Asset Management Company
Strategic Income Opportunities Fund	MFC Global Investment Management (U.S.), LLC*
Total Bond Market Fund	Declaration Management & Research, LLC
Total Return Fund	Pacific Investment Management Company, LLC
U.S. Government Securities Fund	Western Asset Management Company
U.S. High Yield Bond Fund	Wells Capital Management, Inc.
U.S. Multi Sector Fund	Grantham, Mayo, Van Otterloo & Company, LLC
Value Fund	Morgan Stanley Investment Management, Inc. (doing business as Van Kampen)
Value & Restructuring Fund	Columbia Management Advisors, LLC
Vista Fund	American Century Investment Management, Inc.

* An affiliate of the Adviser.

The Funds are not responsible for payment of the subadvisory fees. The investment management fees incurred for the six months ended February 28, 2010 were equivalent to an annual effective rate of the Funds’ average daily net assets as follows:


Fund	Annual Effective Rate	Fund	Annual Effective Rate

Active Bond Fund	0.60%	Investment Quality Bond Fund	0.59%
All Cap Core Fund	0.78%	Large Cap Fund	0.76%
All Cap Growth Fund	0.85%	Large Cap Value Fund	0.81%
All Cap Value Fund	0.83%	Mid Cap Index Fund	0.47%
Alpha Opportunities Fund	0.99%	Mid Cap Stock Fund	0.84%
Alternative Asset Allocation Fund	0.19%	Mid Cap Value Equity Fund	0.87%
Blue Chip Growth Fund	0.81%	Mid Value Fund	1.00%
Capital Appreciation Fund	0.71%	Optimized Value Fund	0.69%
Core Bond Fund	0.60%	Real Estate Equity Fund	0.88%
Core Diversified Growth & Income Portfolio	0.04%	Real Estate Securities Fund	0.70%
Core Fundamental Holdings Portfolio	0.04%	Real Return Bond Fund	0.68%
Core Global Diversification Portfolio	0.04%	Short Term Government Income Fund	0.57%
Emerging Markets Debt Fund	0.73%	Small Cap Growth Fund	1.06%
Emerging Markets Value Fund	0.95%	Small Cap Index Fund	0.48%
Equity-Income Fund	0.81%	Small Cap Opportunities Fund	1.00%
Floating Rate Income Fund	0.69%	Small Cap Value Fund	1.06%
Fundamental Value Fund	0.76%	Small Company Growth Fund	1.05%
Global Agribusiness Fund	0.85%	Small Company Value Fund	1.03%
Global Bond Fund	0.70%	Smaller Company Growth Fund	1.06%
Global Infrastructure Fund	0.85%	Spectrum Income Fund	0.73%
Global Real Estate Fund	0.95%	Strategic Bond Fund	0.68%
Global Timber Fund	0.85%	Total Bond Market Fund	0.49%
High Income Fund	0.67%	Total Return Fund	0.68%
High Yield Fund	0.66%	U.S. Government Securities Fund	0.62%
Index 500 Fund	0.46%	U.S. High Yield Bond Fund	0.72%
International Equity Index Fund	0.53%	U.S. Multi Sector Fund	0.76%

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Fund	Annual Effective Rate	Fund	Annual Effective Rate

International Opportunities Fund	0.88%	Value & Restructuring Fund	0.81%
International Small Cap Fund	1.02%	Value Fund	0.74%
International Small Company Fund	0.97%	Vista Fund	0.88%
International Value Fund	0.82%

Expense Reimbursements The Adviser voluntarily agrees to waive a portion of its management fee if certain expenses of the respective Funds exceed the percentage of average net assets as detailed below. Expenses excluded from this waiver are taxes, portfolio brokerage commissions, interest, litigation and indemnification expenses, and extraordinary expenses not incurred in the ordinary course of the Fund’s business, advisory fees, Rule 12b-1 fees, transfer agency fees, blue sky fees, printing and postage fees, and fees under any agreements or plans of the Fund dealing with services for shareholders and others with beneficial interests in shares of the Fund. This expense reduction will continue in effect until terminated by the Adviser. The effective date of voluntary waiver is detailed below.


	Waiver amount as a
	percentage of average
Fund	net assets	Effective date

Active Bond Fund	0.15%	October 1, 2009
All Cap Core Fund	0.20%	October 1, 2009
All Cap Growth Fund	0.20%	October 1, 2009
All Cap Value Fund	0.20%	October 1, 2009
Alpha Opportunities Fund	0.20%	October 1, 2009
Blue Chip Growth Fund	0.20%	October 1, 2009
Capital Appreciation Fund	0.20%	October 1, 2009
Core Bond Fund	0.15%	October 1, 2009
Emerging Markets Debt Fund	0.15%	January 4, 2010
Emerging Markets Value Fund	0.25%	October 1, 2009
Equity-Income Fund	0.20%	October 1, 2009
Fundamental Value Fund	0.20%	October 1, 2009
Global Bond Fund	0.15%	October 1, 2009
Global Real Estate Fund	0.25%	October 1, 2009
High Income Fund	0.15%	October 1, 2009
High Yield Fund	0.15%	October 1, 2009
Index 500 Fund	0.075%	November 1, 2009
International Equity Index Fund	0.075%	November 1, 2009
International Opportunities Fund	0.25%	October 1, 2009
International Small Cap Fund	0.25%	October 1, 2009
International Small Company Fund	0.25%	October 1, 2009
International Value Fund	0.25%	October 1, 2009
Investment Quality Bond Fund	0.15%	October 1, 2009
Large Cap Fund	0.20%	October 1, 2009
Large Cap Value Fund	0.20%	October 1, 2009
Mid Cap Stock Fund	0.20%	October 1, 2009
Mid Cap Value Equity Fund	0.20%	October 1, 2009
Mid Value Fund	0.20%	October 1, 2009
Optimized Value Fund	0.20%	January 1, 2010
Real Estate Equity Fund	0.20%	October 1, 2009
Real Estate Securities Fund	0.20%	October 1, 2009
Real Return Bond Fund	0.15%	October 1, 2009
Small Cap Growth Fund	0.20%	October 1, 2009
Small Cap Opportunities Fund	0.20%	October 1, 2009
Small Cap Value Fund	0.20%	October 1, 2009
Small Company Growth Fund	0.20%	October 1, 2009
Small Company Value Fund	0.20%	October 1, 2009
Smaller Company Growth Fund	0.20%	October 1, 2009
Spectrum Income Fund	0.15%	October 1, 2009
Strategic Bond Fund	0.15%	October 1, 2009
Total Bond Market	0.075%	January 1, 2010
Total Return Fund	0.15%	October 1, 2009
U.S. Government Securities Fund	0.15%	October 1, 2009
U.S. High Yield Bond Fund	0.15%	October 1, 2009
U.S. Multi Sector Fund	0.20%	October 1, 2009
Value & Restucturing Fund	0.20%	October 1, 2009
Value Fund	0.20%	January 1, 2010
Vista Fund	0.20%	October 1, 2009

The Adviser has contractually agreed to waive its advisory fee on International Value Fund, Small Cap Opportunities Fund and Smaller Company Growth Fund so that the amount retained by the Adviser after payment of the subadvisory fees for each Fund does not exceed 0.45% of the Fund’s average net assets. The expense reimbursement shall continue in effect until December 31, 2010, and may terminate anytime thereafter.

Prior to January 1, 2010, the Adviser had contractually agreed to reduce its advisory fee or make payments to reimburse Optimized Value Fund, in an amount equal to the amount by which all expenses of the Fund (excluding taxes, portfolio brokerage commissions, interest, litigation and indemnification expenses and extraordinary

394

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expenses not incurred in the ordinary course of the Fund’s business and class specific expenses) exceed 0.80% of the Fund’s average net assets. This reimbursement terminated on December 31, 2009.

Prior to January 1, 2010, the Adviser has contractually agreed to reduce its advisory fee or make payments to reimburse each Fund, in an amount equal to the amount by which all expenses of the Funds (excluding taxes, portfolio brokerage commissions, interest, litigation and indemnification expenses and extraordinary expenses not incurred in the ordinary course of the Fund’s business, advisory fees and class specific expenses) exceed the expense limits set forth as a percentage of average net assets. These expense limits are as follows: 0.075% for Total Bond Market Fund and 0.25% for Value Fund. This reimbursement terminated on December 31, 2009.

Prior to November 1, 2009, the Adviser has voluntarily agreed to these expense limits as follows: 0.05% for Index 500 Fund and International Equity Index Fund. This voluntary expense reimbursement terminated on October 31, 2009.

The Adviser has voluntarily agreed to limit “other” fund expenses as follows: 0.075% for Mid Cap Index Fund and Small Cap Index Fund. This voluntary expense reimbursement may terminate at any time.

The Adviser has contractually agreed to reduce its advisory fee or make a payment to reimburse the Alternative Asset Allocation Fund in an amount equal to the amount by which all expenses of the Fund (excluding taxes, portfolio brokerage commissions, interest, litigation and indemnification expenses, and extraordinary expenses not incurred in the ordinary course of the Fund’s business, advisory fees, Rule 12b-1 fees, transfer agency fees, blue sky fees, printing and postage fees, and fees under any agreements or plans of the Fund dealing with services for shareholders and others with beneficial interests in shares of the Fund) exceeds 0.04% of the Fund’s average net assets. This expense reimbursement shall continue in effect until December 31, 2010, and may terminate anytime thereafter.

The Adviser has contractually agreed to limit Fund expenses for Global Agribusiness Fund, Global Infrastructure Fund and Global Timber Fund (excluding taxes, portfolio brokerage commissions, interest, litigation and indemnification expenses and extraordinary expenses not incurred in the ordinary course of the Fund’s business, and fees under any agreements or plans of the Fund dealing with services for shareholders and others with beneficial interests in shares of the Fund) so that the total Fund operating expenses do not exceed 1.45% for Class A and 1.00% for Class I of the average net assets of these classes. This expense reimbursement shall continue in effect until December 31, 2010, and may terminate anytime thereafter.

In addition, for Global Agribusiness Fund, Global Infrastructure Fund and Global Timber Fund the Adviser has voluntarily agreed to reduce its advisory fee or make a payment to reimburse each Fund, in an amount equal to the amount by which all expenses of the Fund (excluding taxes, portfolio brokerage commissions, interest, litigation and indemnification expenses and extraordinary expenses not incurred in the ordinary course of the Fund’s business, advisory fees, Rule 12b-1 fees, transfer agency fees, blue sky fees, printing and postage fees, and fees under any agreements or plans of the Fund dealing with services for shareholders and others with beneficial interests in shares of the Fund) exceeds 0.97% of average net assets. This voluntary expense reimbursement may terminate at anytime.

The Adviser has contractually agreed to limit Fund expenses for Small Cap Value Fund and Emerging Markets Debt Fund (excluding taxes, portfolio brokerage commissions, interest, litigation and indemnification expenses and extraordinary expenses not incurred in the ordinary course of the Fund’s business, and fees under any agreements or plans of the Fund dealing with services for shareholders and others with beneficial interests in shares of the Fund) so that the total Fund operating expenses do not exceed 1.14% for Small Cap Value Fund Class NAV, 1.35% for Emerging Markets Debt Fund Class A and 0.88% for Emerging Markets Debt Fund Class I of the average net assets of these classes. This expense reimbursement shall continue in effect until December 31, 2010, and may terminate anytime thereafter.

Prior to January 1, 2010 the Adviser has voluntarily agreed to waive its advisory fees for Core Diversified Growth & Income Portfolio, Core Fundamental Holdings Portfolio and Core Global Diversification Portfolio. This voluntary expense reimbursement terminated on December 31, 2009. The Adviser has contractually agreed to reimburse Core Diversified Growth & Income Portfolio, Core Fundamental Holdings Portfolio and Core Global Diversification Portfolio for “other” fund expenses exceeding 0.06% of the Funds’ average net assets. This expense reimbursement shall continue in effect until December 31, 2010, and may terminate anytime thereafter.

In addition, the Core Diversified Growth & Income Portfolio, Core Fundamental Holdings Portfolio and Core Global Diversification Portfolio receive a fee equal to 0.05% of the average net asset value of their investment in the underlying American Funds for providing various account maintenance services.

The Adviser has contractually agreed to reimburse Short Term Government Income Fund for “other” fund expenses exceeding 0.08% of the Funds’ average net assets. This expense reimbursement shall continue in effect until December 31, 2010, and may terminate anytime thereafter.

The Adviser also voluntarily agreed to waive a portion of its advisory fees for the Funds sub-advised by T. Rowe Price which include Blue Chip Growth Fund, Equity-Income Fund, Mid Value Fund, Real Estate Equity Fund, Small Company Value Fund and Spectrum Income Fund. This voluntary waiver is the amount that the subadvisory fee is reduced by T. Rowe Price. This voluntary expense reimbursement may terminate at anytime.

The Adviser has voluntarily agreed to waive a portion of its management fee for certain Funds (the Participating Funds) of the Trust and JHT. All Funds covered in this report are Participating Funds. The waiver equals, on an annualized basis, 0.01% of that portion of the aggregate net assets of all the Participating Funds that exceeds $85 billion. The amount of the Reimbursement is calculated daily and allocated among all the Participating Funds in proportion to the daily net assets of each Fund.

For the period ended February 28, 2010, the waivers under these agreements amounted to:


Fund	Expense Reductions	Fund	Expense Reductions

Alpha Opportunities Fund	$1,516	Global Agribusiness Fund	24,201
Alternative Asset Allocation Fund	23,049	Global Bond Fund	1,496
Blue Chip Growth Fund	275,640	Global Infrastructure Fund	24,007
Capital Appreciation Fund	2,773	Global Real Estate Fund	592
Core Bond Fund	928	Global Timber Fund	25,942
Core Diversified Growth & Income Portfolio	20,012	High Income Fund	959
Core Fundamental Holdings Portfolio	19,050	High Yield Fund	2,083
Core Global Diversification Portfolio	19,330	Index 500 Fund	4,076
Emerging Markets Debt Fund	6,096	International Equity Index Fund	792
Emerging Markets Value Fund	2,384	International Opportunities Fund	1,751
Equity-Income Fund	130,518	International Small Cap Fund	520
Fundamental Value Fund	3,116	International Small Company Fund	255

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Fund	Expense Reductions	Fund	Expense Reductions

International Value Fund	100,655	Small Cap Opportunities Fund	42,223
Investment Quality Bond Fund	398	Small Cap Value Fund	1,891
Large Cap Fund	540	Small Company Growth Fund	281
Large Cap Value Fund	$1,139	Small Company Value Fund	97,936
Mid Cap Index Fund	1,132	Smaller Company Growth Fund	96,674
Mid Cap Stock Fund	1,601	Spectrum Income Fund	109,123
Mid Cap Value Equity Fund	360	Strategic Bond Fund	517
Mid Value Fund	77,936	Total Bond Market Fund	1,152
Optimized Value Fund	39,509	Total Return Fund	4,142
Real Estate Equity Fund	40,572	U.S. Government Securities Fund	305
Real Estate Securities Fund	570	U.S. High Yield Bond Fund	1,547
Real Return Bond Fund	2,601	U.S. Multi Sector Fund	1,954
Short Term Government Income Fund	23,450	Value Fund	263
Small Cap Growth Fund	248	Value & Restructuring Fund	1,155
Small Cap Index Fund	239	Vista Fund	515

Expense Recapture The Adviser may recapture operating expenses reimbursed or fees waived under previous expense limitation or waiver arrangements made subsequent to January 1, 2009, for a period of three years following the beginning of the month in which such reimbursements or waivers occurred. The table below outlines the amounts recovered during the period ended February 28, 2010, and the amount of waived or reimbursed expenses subject to potential recovery and the respective expiration dates.


	Amounts Eligible	Amounts recovered
	for recovery through	during the period
Fund	February 1, 2013	ended February 28, 2010

Alternative Asset Allocation Fund	$67,639	—
Core Diversified Growth & Income Portfolio	45,704	—
Core Fundamental Holdings Portfolio	47,592	—
Core Global Diversification Portfolio	47,923	—
Emerging Markets Debt Fund	6,069	—
Global Agribusiness Fund	70,368	—
Global Infrastructure Fund	76,129	—
Global Timber Fund	72,992	—
Short Term Government Income Fund	77,162	—
Small Cap Value Fund	1,710	—

Accounting and Legal Services Pursuant to a separate services agreement, the Funds reimburse the Adviser for all expenses associated with providing the administrative, financial, legal, accounting and recordkeeping services of the Fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports amongst other services. These expenses are allocated to each share class based on relative net assets at the time the expense was incurred. The accounting and legal services fees incurred for the six months ended February 28, 2010 amounted to an annual rate of approximately 0.02% of the Fund’s average daily net assets.

Distribution and Service Plans The Funds have a distribution agreement with the Distributor. The Fund has adopted distribution and service plans with respect to Class A and Class 1 pursuant to Rule 12b-1 of the 1940 Act, to pay the Distributor for services provided as the distributor of shares of the Fund. The following table shows the contractual rates of distribution and services fees under these arrangements, expressed as an annual percentage of average daily net assets for each class of the Funds’ shares.


Class	12b-1 Fees

Class A	0.30%
Class 1	0.05%

Sales Charges Class A shares of Alternative Asset Allocation Fund, Global Agribusiness Fund, Global Infrastructure Fund and Global Timber Fund are assessed on up-front sales charges, which result in payments to the Distributor. For the six months ended February 28, 2010, there were no sales charges assessed.

Trustee Expenses The Trust compensates each Trustee who is not an employee of the Adviser or its affiliates. The costs of paying Trustee compensation and expenses are allocated to each Fund based on its average daily net assets.

6. FUND SHARE TRANSACTIONS Transactions in Funds shares for the period ended February 28, 2010 and for the year ended August 31, 2009 were as follows:


Active Bond Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	500,409	$4,813,473	434,999	$3,745,649
Distributions reinvested	89,709	849,264	228,022	1,917,328
Repurchased	(325,435)	(3,133,104)	(782,499)	(6,612,314)
Net increase (decrease)	264,683	$2,529,633	(119,478)	($949,337)

Class NAV shares
Sold	6,288,508	$60,037,549	13,197,254	$111,468,719
Distributions reinvested	1,506,023	14,251,311	3,821,180	32,095,020
Repurchased	(1,792,057)	(17,279,336)	(19,652,661)	(165,413,864)
Net increase (decrease)	6,002,474	$57,009,524	(2,634,227)	($21,850,125)

Net increase (decrease)	6,267,157	$59,539,157	(2,753,705)	($22,799,462)

396

FUND SHARE TRANSACTIONS, CONTINUED


All Cap Core Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	1,821,770	$13,891,405	13,452,401	$83,842,423
Distributions reinvested	759,368	5,839,540	1,202,340	7,286,181
Repurchased	(179,889)	(1,375,926)	(26,311,168)	(164,758,370)

Net increase (decrease)	2,401,249	$18,355,019	(11,656,427)	($73,629,766)

All Cap Growth Fund	Six months ended 2-28-10		Year ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	162,491	$2,007,867	6,659,982	$67,463,747
Distributions reinvested	42,083	526,037	123,183	1,293,422
Repurchased	(642,706)	(7,920,923)	(941,182)	(9,920,162)
Net increase (decrease)	(438,132)	($5,387,019)	5,841,983	$58,837,007

Class NAV shares
Sold	—	—	241,382	$2,867,938
Repurchased	—	—	(6,323,837)	(67,218,053)
Net decrease	—	—	(6,082,455)	($64,350,115)

Net decrease	(438,132)	($5,387,019)	(240,472)	($5,513,108)

1 Class NAV shares were terminated on 12-3-08.

All Cap Value Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	355,966	$3,531,136	7,396,779	$57,628,340
Distributions reinvested	25,848	261,582	281,814	2,254,513
Repurchased	(699,203)	(6,947,468)	(942,910)	(7,612,935)
Net increase (decrease)	(317,389)	($3,154,750)	6,735,683	$52,269,918

Class NAV shares
Sold	370,744	$3,620,243	25,119,325	$209,963,841
Distributions reinvested	98,440	991,294	118,452	942,883
Repurchased	(198,561)	(1,999,796)	(2,816,595)	(23,241,944)
Net increase	270,623	$2,611,741	22,421,182	$187,664,780

Net increase (decrease)	(46,766)	($543,009)	29,156,865	$239,934,698

Alpha Opportunities Fund	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	2,572,810	$28,019,475	62,325,689	$565,737,804
Distributions reinvested	6,357,403	69,995,012	31,026	268,998
Repurchased	(1,141,399)	(13,033,302)	(641,878)	(6,810,948)

Net increase	7,788,814	$84,981,185	61,714,837	$559,195,854

1 Period from 10-7-08 (inception date) to 8-31-09.

Alternative Asset Allocation Fund	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class A shares
Sold	—	—	100,000	$1,000,000
Distributions reinvested	4,761	$63,655	—	—
Net increase	4,761	$63,655	100,000	$1,000,000


1 Period from 1-2-09 (inception date) to 8-31-09.

Blue Chip Growth Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	17,583,194	$297,985,882	888,063	$12,043,485
Distributions reinvested	24,858	432,630	29,937	371,815
Repurchased	(1,498,001)	(25,512,150)	(1,181,788)	(16,186,261)
Net increase (decrease)	16,110,051	$272,906,362	(263,788)	($3,770,961)

Class NAV shares
Sold	5,580,390	$93,618,846	10,927,739	$141,487,414
Distributions reinvested	111,988	1,942,437	321,726	3,992,625
Repurchased	(1,777,330)	(30,666,767)	(27,365,374)	(359,553,539)
Net increase (decrease)	3,915,048	$64,894,516	(16,115,909)	($214,073,500)

Net increase (decrease)	20,025,099	$337,800,878	(16,379,697)	($217,844,461)

Capital Appreciation Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	8,562,349	$82,384,071	965,382	$7,501,065
Distributions reinvested	29,216	288,944	28,991	204,967
Repurchased	(920,024)	(8,889,039)	(994,131)	(7,853,639)
Net increase	7,671,541	$73,783,976	242	($147,607)

Class NAV shares

397

FUND SHARE TRANSACTIONS, CONTINUED


Sold	8,937,345	$86,013,752	43,116,847	$328,018,111
Distributions reinvested	317,122	3,136,340	526,685	3,728,929
Repurchased	(4,703,944)	(46,273,484)	(16,144,174)	(120,212,860)
Net increase	4,550,523	$42,876,608	27,499,358	$211,534,180

Net increase	12,222,064	$116,660,584	27,499,600	$211,386,573

Core Bond Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	310,259	$4,084,323	735,307	$9,129,567
Distributions reinvested	24,727	322,469	25,511	313,645
Repurchased	(232,469)	(3,040,565)	(356,061)	(4,378,226)
Net increase	102,517	$1,366,227	404,757	$5,064,986

Class NAV shares
Sold	2,030,745	$26,678,672	19,001,229	$238,596,906
Distributions reinvested	949,792	12,376,159	948,219	11,648,365
Repurchased	(169,948)	(2,234,877)	(9,748,353)	(116,900,767)
Net increase	2,810,589	$36,819,954	10,201,095	$133,344,504

Net increase	2,913,106	$38,186,181	10,605,852	$138,409,490

Core Diversified Growth & Income Portfolio	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	1,011,047	$9,048,478	1,279,236	$9,607,598
Distributions reinvested	44,653	403,216	6,561	47,109
Repurchased	(186,822)	(1,654,006)	(30,388)	(236,087)

Net increase	868,878	$7,797,688	1,255,409	$9,418,620

Core Fundamental Holdings Portfolio	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	374,155	$3,423,035	858,585	$6,629,857
Distributions reinvested	30,626	280,537	3,897	29,345
Repurchased	(146,902)	(1,338,652)	(59,177)	(489,241)

Net increase	257,879	$2,364,920	803,305	$6,169,961

Core Global Diversification Portfolio
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	1,146,657	$10,349,590	834,648	$6,226,498
Distributions reinvested	38,057	343,658	5,103	34,804
Repurchased	(124,328)	(1,108,670)	(34,825)	(275,852)

Net increase	1,060,386	$9,584,578	804,926	$5,985,450

Emerging Markets Debt Fund	Period ended 2-28-10¹
	Shares	Amount

Class A shares
Sold	1,200,000	$12,000,000
Net increase	1,200,000	$12,000,000

Class I shares
Sold	300,000	$3,000,000
Net increase	300,000	$3,000,000

Net increase	1,500,000	$15,000,000

1 Period from 1-4-10 (inception date) to 2-28-10.

Emerging Markets Value Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	7,393,472	$74,167,478	68,907,123	$383,341,352
Distributions reinvested	1,301,528	13,574,945	4,001,143	21,646,182
Repurchased	(6,905,669)	(70,991,508)	(19,841,730)	(147,386,474)

Net increase	1,789,331	$16,750,915	53,066,536	$257,601,060

Equity-Income Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	406,252	$5,070,401	1,711,067	$17,874,688
Distributions reinvested	218,164	2,722,683	1,457,662	15,013,923
Repurchased	(1,013,807)	(12,554,665)	(1,544,435)	(16,442,282)
Net increase (decrease)	(389,391)	($4,761,581)	1,624,294	$16,446,329

Class NAV shares
Sold	4,248,835	$52,435,241	19,424,390	$190,012,653
Distributions reinvested	1,114,103	13,892,855	6,828,433	70,264,573
Repurchased	(374,203)	(4,612,035)	(20,832,883)	(229,502,710)
Net increase	4,988,735	$61,716,061	5,419,940	$30,774,516

Net increase	4,599,344	$56,954,480	7,044,234	$47,220,845

398

FUND SHARE TRANSACTIONS, CONTINUED


Fundamental Value Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	141,879	$1,876,389	4,092,872	$42,923,521
Distributions reinvested	60,158	800,100	106,900	1,121,380
Repurchased	(709,175)	(9,319,003)	(842,270)	(9,089,292)
Net increase (decrease)	(507,138)	($6,642,514)	3,357,502	$34,955,609

Class NAV shares
Sold	3,701,104	$48,535,086	24,286,333	$247,884,176
Distributions reinvested	873,474	11,591,001	1,275,339	13,340,051
Repurchased	(1,602,893)	(21,238,890)	(19,789,519)	(218,868,125)
Net increase	2,971,685	$38,887,197	5,772,153	$42,356,102

Net increase	2,464,547	$32,244,683	9,129,655	$77,311,711

Global Agribusiness Fund	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class A shares
Sold	—	—	100,000	$1,000,000
Distributions reinvested	1,393	$16,597	364	3,919
Net increase	1,393	$16,597	100,364	$1,003,919

Class R3 shares
Sold	—	—	100,000	$1,000,000
Distributions reinvested	1,614	$19,246	476	5,119
Net increase	1,614	$19,246	100,476	$1,005,119

Net increase	3,007	$35,843	200,840	$2,009,038

1 Period from 1-2-09 (inception date) to 8-31-09.

Global Bond Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	700,976	$8,725,323	592,681	$7,063,630
Distributions reinvested	462,751	5,497,480	1,198,473	13,111,298
Repurchased	(282,544)	(3,491,163)	(1,943,488)	(23,889,066)
Net increase (decrease)	881,183	$10,731,640	(152,334)	($3,714,138)

Class NAV shares
Sold	6,968,693	$86,157,270	14,755,274	$170,390,401
Distributions reinvested	4,597,869	54,530,728	8,960,746	97,761,740
Repurchased	(1,818,027)	(22,725,794)	(10,304,360)	(125,333,579)
Net increase	9,748,535	$117,962,204	13,411,660	$142,818,562

Net increase	10,629,718	$128,693,844	13,259,326	$139,104,424

Global Infrastructure Fund	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class A shares
Sold	—	—	100,000	$1,000,000
Distributions reinvested	1,121	$12,312	1,214	11,386
Net increase	1,121	$12,312	101,214	$1,011,386

Class I shares
Sold	—	—	100,000	$1,000,000
Distributions reinvested	1,337	$14,707	1,319	12,389
Net increase	1,337	$14,707	101,319	$1,012,389

Net increase	2,458	$27,019	202,533	$2,023,775

1 Period from 1-2-09 (inception date) to 8-31-09.

Global Real Estate Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	4,319,983	$27,594,652	17,931,744	$83,643,789
Distributions reinvested	1,855,292	12,096,501	3,312,402	16,836,266
Repurchased	(2,143,030)	(14,060,383)	(52,245,635)	(280,570,461)

Net increase (decrease)	4,032,245	$25,630,770	(31,001,489)	($180,090,406)

Global Timber Fund	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class A shares
Sold	—	—	100,000	$1,000,000
Distributions reinvested	162	$1,900	426	3,924
Net increase	162	$1,900	100,426	$1,003,924

Class I shares
Sold	—	—	100,000	$1,000,000
Distributions reinvested	262	$3,082	537	4,959
Net increase	262	$3,082	100,537	$1,004,959

Net increase	424	$4,982	200,963	$2,008,883

1 Period from 1-2-09 (inception date) to 8-31-09.

399

FUND SHARE TRANSACTIONS, CONTINUED


High Income Fund	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	598,443	$4,424,333	13,461,666	$65,914,601
Distributions reinvested	4,245,218	30,268,269	10,683,514	57,336,025
Repurchased	(8,046,144)	(57,097,802)	(15,272,933)	(83,886,371)

Net increase (decrease)	(3,202,483)	($22,405,200)	8,872,247	$39,364,255

High Yield Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	1,644,173	$13,953,575	3,012,087	$20,842,983
Distributions reinvested	458,101	3,833,366	718,394	4,779,611
Repurchased	(1,051,265)	(8,939,524)	(1,191,632)	(8,165,151)
Net increase	1,051,009	$8,847,417	2,538,849	$17,457,443

Class NAV shares
Sold	1,592,004	$13,199,954	15,422,137	$102,101,227
Distributions reinvested	6,526,558	54,220,965	22,179,420	145,505,694
Repurchased	(12,800,237)	(107,628,411)	(96,016,333)	(660,010,339)
Net decrease	(4,681,675)	($40,207,492)	(58,414,776)	($412,403,418)

Net decrease	(3,630,666)	($31,360,075)	(55,875,927)	($394,945,975)

Index 500 Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	22,269,385	$180,173,373	227,842,402	$1,531,455,178
Distributions reinvested	4,538,617	37,125,883	2,901,554	19,527,458
Repurchased	(18,396,601)	(146,932,881)	(88,931,480)	(618,067,848)

Net increase	8,411,401	$70,366,375	141,812,476	$932,914,788

International Equity Index Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	4,906,297	$79,025,634	7,745,230	$96,174,986
Distributions reinvested	771,721	12,540,484	764,817	9,391,951
Repurchased	(504,686)	(8,339,206)	(14,397,343)	(192,129,420)

Net increase (decrease)	5,173,332	$83,226,912	(5,887,296)	($86,562,483)

International Opportunities Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	5,424,763	$70,137,954	769,809	$7,623,458
Distributions reinvested	68,840	872,208	27,994	262,865
Repurchased	(467,626)	(5,808,260)	(533,780)	(5,523,254)
Net increase	5,025,977	$65,201,902	264,023	$2,363,069

Class NAV shares
Sold	5,874,166	$72,728,853	11,813,975	$115,024,206
Distributions reinvested	578,408	7,340,000	826,446	7,768,599
Repurchased	(799,310)	(10,072,065)	(9,056,314)	(94,542,400)
Net increase	5,653,264	$69,996,788	3,584,107	$28,250,405

Net increase	10,679,241	$135,198,690	3,848,130	$30,613,474

International Small Cap Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	1,264,093	$16,819,316	6,401,461	$60,916,529
Distributions reinvested	163,218	2,141,419	1,209,707	9,759,113
Repurchased	(1,046,123)	(13,621,147)	(1,061,526)	(9,598,421)
Net increase	381,188	$5,339,588	6,549,642	$61,077,221

Class NAV shares
Sold	510,971	$6,665,777	3,648,017	$34,368,305
Distributions reinvested	147,405	1,933,946	3,387,992	27,332,037
Repurchased	(936,878)	(11,974,138)	(15,964,929)	(155,307,918)
Net decrease	(278,502)	($3,374,415)	(8,928,920)	($93,607,576)

Net increase (decrease)	102,686	$1,965,173	(2,379,278)	($32,530,355)

400

FUND SHARE TRANSACTIONS, CONTINUED


International Small Company Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	1,367,192	$9,920,499	6,187,305	$37,068,576
Distributions reinvested	700,152	5,041,096	2,371,566	12,498,150
Repurchased	(1,904,041)	(14,132,938)	(38,605,196)	(227,744,201)

Net increase (decrease)	163,303	$828,657	(30,046,325)	($178,177,475)

International Value Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	392,446	$5,426,313	705,634	$7,699,836
Distributions reinvested	426,249	5,831,083	1,905,202	19,509,272
Repurchased	(1,490,958)	(20,341,341)	(3,750,547)	(41,814,039)
Net decrease	(672,263)	($9,083,945)	(1,139,711)	($14,604,931)

Class NAV shares
Sold	6,166,497	$81,824,175	9,713,464	$96,453,789
Distributions reinvested	1,276,486	17,411,266	5,530,988	56,471,391
Repurchased	(3,121,492)	(42,210,407)	(16,637,868)	(187,156,148)
Net increase (decrease)	4,321,491	$57,025,034	(1,393,416)	($34,230,968)

Net increase (decrease)	3,649,228	$47,941,089	(2,533,127)	($48,835,899)

Investment Quality Bond Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	756,054	$9,036,038	1,342,355	$14,893,793
Distributions reinvested	150,495	1,784,866	285,560	3,147,040
Repurchased	(606,914)	(7,249,810)	(870,989)	(9,725,081)
Net increase	299,635	$3,571,094	756,926	$8,315,752

Class NAV shares
Sold	1,462,894	$17,415,481	1,804,356	$20,253,131
Distributions reinvested	287,302	3,403,112	596,208	6,572,761
Repurchased	(1,012,794)	(12,049,315)	(4,924,654)	(52,711,344)
Net increase (decrease)	737,402	$8,769,278	(2,524,090)	($25,885,452)

Net increase (decrease)	1,037,037	$12,340,372	(1,767,164)	($17,569,700)

Large Cap Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	1,727,421	$19,448,147	476,744	$4,384,915
Distributions reinvested	26,932	310,523	51,036	450,141
Repurchased	(255,848)	(2,906,043)	(430,221)	(3,965,976)
Net increase	1,498,505	$16,852,627	97,559	$869,080

Class NAV shares
Sold	196,451	$2,193,840	3,872,293	$34,916,118
Distributions reinvested	158,386	1,826,185	490,434	4,320,722
Repurchased	(291,021)	(3,316,361)	(11,140,763)	(104,478,015)
Net increase (decrease)	63,816	$703,664	(6,778,036)	($65,241,175)

Net increase (decrease)	1,562,321	$17,556,291	(6,680,477)	($64,372,095)

Large Cap Value Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	146,425	$2,470,937	787,705	$11,833,659
Distributions reinvested	65,819	1,120,244	91,070	1,419,786
Repurchased	(670,007)	(11,052,702)	(577,739)	(8,940,990)
Net increase (decrease)	(457,763)	($7,461,521)	301,036	$4,312,455

Class NAV shares
Sold	2,645,660	$44,393,576	8,357,280	$119,587,418
Distributions reinvested	396,749	6,764,574	414,458	6,469,691
Repurchased	(1,064,485)	(17,960,675)	(9,971,730)	(154,430,247)
Net increase (decrease)	1,977,924	$33,197,475	(1,199,992)	($28,373,138)

Net increase (decrease)	1,520,161	$25,735,954	(898,956)	($24,060,683)

Mid Cap Index Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	1,139,044	$17,597,565	20,081,316	$244,359,674
Distributions reinvested	360,120	5,711,496	806,316	9,329,070
Repurchased	(1,411,017)	(22,174,062)	(4,104,625)	(46,923,803)

Net increase	88,147	$1,134,999	16,783,007	$206,764,941

401

FUND SHARE TRANSACTIONS, CONTINUED


Mid Cap Stock Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	535,446	$7,372,244	1,498,482	$16,519,734
Repurchased	(1,412,324)	(19,158,133)	(2,530,777)	(28,735,579)
Net decrease	(876,878)	($11,785,889)	(1,032,295)	($12,215,845)

Class NAV shares
Sold	1,350,787	$18,299,133	18,280,389	$198,682,567
Distributions reinvested	6,194	86,849	13,491	143,548
Repurchased	(1,428,679)	(19,722,955)	(2,976,408)	(32,778,348)
Net increase (decrease)	(71,698)	($1,336,973)	15,317,472	$166,047,767

Net increase (decrease)	(948,576)	($13,122,862)	14,285,177	$153,831,922

Mid Cap Value Equity Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	474,354	$3,763,963	12,800,227	$80,582,484
Distributions reinvested	220,083	1,771,675	498,499	2,951,115
Repurchased	(655,680)	(5,261,987)	(521,042)	(3,603,952)

Net increase	38,757	$273,651	12,777,684	$79,929,647

Mid Value Fund
	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	921,731	$12,333,695	24,395,377	$259,753,505
Distributions reinvested	752,102	10,251,149	—	—
Repurchased	(864,974)	(11,619,915)	(553,704)	(6,846,322)

Net increase	808,859	$10,964,929	23,841,673	$252,907,183

1 Period from 1-2-09 (inception date) to 8-31-09.

Optimized Value Fund
	Six months ended 2-28-10¹		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class A shares
Sold	3,228	$32,482	30,249	$258,570
Distributions reinvested	—	—	180	1,531
Repurchased	(34,101)	(349,927)	(3,311)	(32,469)
Net increase (decrease)	(30,873)	($317,445)	27,118	$227,632

Class B shares
Sold	—	—	12,847	$111,675
Distributions reinvested	—	—	38	328
Repurchased	(10,009)	($103,713)	(3,663)	(31,336)
Net increase (decrease)	(10,009)	($103,713)	9,222	$80,667

Class C shares
Sold	150	$1,521	982	$6,930
Distributions reinvested	—	—	13	108
Repurchased	(1,813)	(18,777)	—	—
Net increase (decrease)	(1,663)	($17,256)	995	$7,038

Class R3 shares
Sold	696	$7,000	—	—
Distributions reinvested	—	—	21	$180
Repurchased	(1,385)	(14,488)	—	—
Net increase (decrease)	(689)	($7,488)	21	$180

Class 1 shares
Sold	93,095	$964,405	266,435	$2,272,763
Distributions reinvested	90,944	939,448	169,404	1,443,321
Repurchased	(612,029)	(6,258,526)	(850,844)	(7,481,138)
Net decrease	(427,990)	($4,354,673)	(415,005)	($3,765,054)

Class NAV shares
Sold	636,167	$6,540,559	3,048,614	$23,996,954
Distributions reinvested	508,324	5,250,993	1,321,422	11,271,727
Repurchased	(57,254)	(566,780)	(32,364,754)	(288,588,326)
Net increase (decrease)	1,087,237	$11,224,772	(27,994,718)	($253,319,645)

Net increase (decrease)	616,013	$6,424,197	(28,372,367)	($256,769,182)

1 Class A, B, C and I shares were terminated on 12-11-09.

402

FUND SHARE TRANSACTIONS, CONTINUED


Real Estate Equity Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	4,128,547	$23,367,526	30,120,551	$125,777,784
Distributions reinvested	973,205	5,771,107	1,459,051	7,003,443
Repurchased	(5,823,490)	(34,077,652)	(23,628,488)	(117,665,680)

Net increase (decrease)	(721,738)	($4,939,019)	7,951,114	$15,115,547

Real Estate Securities Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	21,232,413	$196,749,506	1,716,912	$12,760,497
Distributions reinvested	372,470	3,702,351	366,648	2,881,857
Repurchased	(1,538,574)	(14,713,684)	(1,731,303)	(13,321,529)

Net increase	20,066,309	$185,738,173	352,257	$2,320,825

Real Return Bond Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	1,324,228	$16,484,646	2,359,564	$28,706,140
Distributions reinvested	106,198	1,306,768	639,430	6,919,597
Repurchased	(300,139)	(3,728,151)	(1,344,527)	(15,947,022)
Net increase	1,130,287	$14,063,263	1,654,467	$19,678,715

Class NAV shares
Sold	11,622,400	$142,567,403	36,720,066	$425,088,369
Distributions reinvested	1,904,943	23,204,721	10,239,788	109,820,891
Repurchased	(3,925,568)	(48,405,424)	(17,016,392)	(192,360,342)
Net increase	9,601,775	$117,366,700	29,943,462	$342,548,918

Net increase	10,732,062	$131,429,963	31,597,929	$362,227,633

Short Term Government Income Fund
	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	714,828	$7,262,609	2,554,945	$25,657,086
Distributions reinvested	48,316	487,990	—	—
Repurchased	—	—	(110,067)	(1,105,072)

Net increase	763,144	$7,750,599	2,444,878	$24,552,014

1 Period from 1-2-09 (inception date) to 8-31-09.

Small Cap Growth Fund
	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	377,533	$3,395,833	17,421,171	$133,757,170
Repurchased	(1,791,251)	(15,983,146)	(2,886,232)	(23,076,750)

Net increase (decrease)	(1,413,718)	($12,587,313)	14,534,939	$110,680,420

1 Period from 9-10-08 (inception date) to 8-31-09.

Small Cap Index Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	1,522,233	$15,661,529	8,174,345	$65,808,763
Distributions reinvested	134,366	1,405,466	405,796	3,355,933
Repurchased	(658,232)	(6,821,431)	(8,098,784)	(71,823,966)

Net increase (decrease)	998,367	$10,245,564	481,357	($2,659,270)

Small Cap Opportunities Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	97,652	$1,595,668	2,004,641	$23,966,196
Distributions reinvested	4,374	70,639	53,884	644,449
Repurchased	(281,941)	(4,490,329)	(449,346)	(5,822,702)
Net increase (decrease)	(179,915)	($2,824,022)	1,609,179	$18,787,943

Class NAV shares
Sold	160,449	$2,471,167	111,174	$1,077,241
Distributions reinvested	7,199	115,688	97,175	1,156,381
Repurchased	(186,722)	(3,034,778)	(1,815,298)	(23,774,397)
Net decrease	(19,074)	($447,923)	(1,606,949)	($21,540,775)

Net increase (decrease)	(198,989)	($3,271,945)	2,230	($2,752,832)

403

FUND SHARE TRANSACTIONS, CONTINUED


Small Cap Value Fund
	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	276,840	$3,653,412	6,557,463	$70,234,361
Distributions reinvested	115,572	1,552,137	—	—
Repurchased	(315,121)	(4,270,673)	(206,447)	(2,460,334)

Net increase	77,291	$934,876	6,351,016	$67,774,027

1 Period from 12-16-08 (inception date) to 8-31-09.

Small Company Growth Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	936,074	$9,442,232	4,392,529	$35,761,578
Distributions reinvested	12,825	132,484	—	—
Repurchased	(343,861)	(3,586,039)	(5,683,860)	(48,300,649)

Net increase (decrease)	605,038	$5,988,677	(1,291,331)	($12,539,071)

Small Company Value Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	268,989	$5,578,304	507,097	$8,989,437
Distributions reinvested	44,345	926,808	158,222	2,604,338
Repurchased	(477,179)	(9,864,167)	(897,136)	(15,693,348)
Net decrease	(163,845)	($3,359,055)	(231,817)	($4,099,573)

Class NAV shares
Sold	807,227	$16,264,124	3,663,715	$55,972,859
Distributions reinvested	128,190	2,675,344	541,021	8,894,391
Repurchased	(557,772)	(11,747,464)	(7,697,335)	(133,089,097)
Net increase (decrease)	377,645	$7,192,004	(3,492,599)	($68,221,847)

Net increase (decrease)	213,800	$3,832,949	(3,724,416)	($72,321,420)

Smaller Company Growth Fund
	Six months ended 2-28-10		Period ended 8-31-09¹
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	881,394	$9,650,486	16,546,006	$153,592,008
Repurchased	(589,261)	(6,618,175)	(1,273,226)	(12,489,589)

Net increase	292,133	$3,032,311	15,272,780	$141,102,419

1 Period from 10-7-08 (inception date) to 8-31-09.

Spectrum Income Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	7,420,249	$75,735,118	9,757,985	$89,449,602
Distributions reinvested	2,245,407	22,829,936	6,416,463	58,098,237
Repurchased	(18,010,572)	(185,187,032)	(31,631,473)	(279,477,968)
Net decrease	(8,344,916)	($86,621,978)	(15,457,025)	($131,930,129)


Strategic Bond Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	624,085	$6,588,318	835,593	$7,764,854
Distributions reinvested	220,242	2,277,050	223,355	2,069,660
Repurchased	(312,984)	(3,284,628)	(871,323)	(8,048,531)
Net increase	531,343	$5,580,740	187,625	$1,785,983

Class NAV shares
Sold	1,623,339	$16,897,190	9,544,418	$88,849,831
Distributions reinvested	1,665,859	17,191,037	2,641,490	24,442,301
Repurchased	(27,767,244)	(293,486,193)	(12,564,112)	(114,104,289)
Net decrease	(24,478,046)	($259,397,966)	(378,204)	($812,157)

Net increase (decrease)	(23,946,703)	($253,817,226)	(190,579)	$973,826

Total Bond Market Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	12,807,729	$133,150,295	48,579,397	$478,866,200
Distributions reinvested	1,727,094	17,737,159	1,162,665	11,789,910
Repurchased	(1,373,107)	(14,249,874)	(12,796,726)	(130,405,066)

Net increase	13,161,716	$136,637,580	36,945,336	$360,251,044

404

FUND SHARE TRANSACTIONS, CONTINUED


Total Return Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	4,158,175	$58,681,128	5,014,687	$66,769,458
Distributions reinvested	749,460	10,455,268	1,574,743	19,982,330
Repurchased	(1,862,921)	(26,232,999)	(1,252,977)	(16,611,061)
Net increase	3,044,714	$42,903,397	5,336,453	$70,140,727

Class NAV shares
Sold	15,014,220	$210,402,963	26,780,172	$354,828,065
Distributions reinvested	4,993,239	69,428,675	12,366,160	156,858,560
Repurchased	(4,162,781)	(58,514,262)	(47,873,903)	(636,991,197)
Net increase (decrease)	15,844,678	$221,317,376	(8,727,571)	($125,304,572)

Net increase (decrease)	18,889,392	$264,220,773	(3,391,118)	($55,163,845)

U.S. Government Securities Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	558,670	$6,844,301	1,122,209	$13,618,577
Distributions reinvested	127,138	1,535,689	422,951	4,895,470
Repurchased	(667,264)	(8,162,522)	(877,749)	(10,402,817)
Net increase	18,544	$217,468	667,411	$8,111,230

Class NAV shares
Sold	727,345	$8,867,394	607,780	$7,297,301
Distributions reinvested	275,841	3,321,158	1,006,604	11,656,112
Repurchased	(59,692)	(727,023)	(6,474,865)	(79,626,185)
Net increase (decrease)	943,494	$11,461,529	(4,860,481)	($60,672,772)

Net increase (decrease)	962,038	$11,678,997	(4,193,070)	($52,561,542)

U.S. High Yield Bond Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class 1 shares
Sold	878,134	$10,725,416	2,596,044	$26,955,307
Distributions reinvested	138,571	1,674,161	118,287	1,205,635
Repurchased	(407,528)	(4,977,405)	(258,865)	(2,762,895)
Net increase	609,177	$7,422,172	2,455,466	$25,398,047

Class NAV shares
Sold	3,389,564	$41,015,133	26,249,361	$279,241,229
Distributions reinvested	2,645,392	31,937,732	4,356,344	43,524,775
Repurchased	(12,366,441)	(150,525,176)	(10,639,879)	(101,445,679)
Net increase (decrease)	(6,331,485)	($77,572,311)	19,965,826	$221,320,325

Net increase (decrease)	(5,722,308)	($70,150,139)	22,421,292	$246,718,372

U.S. Multi Sector Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	7,335,151	$62,888,514	37,435,191	$282,671,384
Distributions reinvested	1,385,592	12,428,759	1,871,614	14,280,412
Repurchased	(3,530,560)	(31,293,805)	(27,681,795)	(215,379,965)

Net increase	5,190,183	$44,023,468	11,625,010	$81,571,831

Value Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	286,343	$2,431,596	13,649,139	$90,460,239
Distributions reinvested	114,186	976,292	37,588	228,535
Repurchased	(1,167,413)	(9,770,752)	(685,495)	(4,544,277)

Net increase (decrease)	(766,884)	($6,362,864)	13,001,232	$86,144,497

Value & Restructuring Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	3,829,607	$36,396,903	25,153,760	$177,939,059
Distributions reinvested	752,057	7,347,600	833,670	5,685,628
Repurchased	(3,829,948)	(37,080,866)	(14,265,751)	(107,513,036)

Net increase	751,716	$6,663,637	11,721,679	$76,111,651

405

FUND SHARE TRANSACTIONS, CONTINUED


Vista Fund
	Six months ended 2-28-10		Year ended 8-31-09
	Shares	Amount	Shares	Amount

Class NAV shares
Sold	2,416,417	$16,998,465	23,309,641	$149,259,434
Distributions reinvested	—	—	2,359,120	14,296,268
Repurchased	(610,982)	(4,477,078)	(1,622,301)	(10,379,836)

Net increase	1,805,435	$12,521,387	24,046,460	$153,175,866

7. PURCHASE AND SALE OF SECURITIES Purchases and sales of securities, other than short-term securities and U.S. Treasury obligations, are aggregated below for the period ended February 28, 2010. In addition, the purchases and sales of U.S. Treasury obligations are aggregated below for the period ended February 28, 2010.


	PURCHASES		SALES AND MATURITIES
FUND	U.S. GOVERNMENT	OTHER ISSUERS	U.S. GOVERNMENT	OTHER ISSUERS

Active Bond Fund	$167,992,817	$122,161,864	$125,865,492	$102,655,830
All Cap Core Fund	—	366,874,950	—	316,659,677
All Cap Growth Fund	—	92,334,105	—	96,413,664
All Cap Value Fund	—	147,601,072	—	148,599,438
Alpha Opportunities Fund	—	612,649,065	—	619,151,234
Alternative Asset Allocation Fund	—	116,315	—	99,330
Blue Chip Growth Fund	—	756,283,803	—	415,625,356
Capital Appreciation Fund	—	671,704,368	—	555,777,314
Core Bond Fund	872,292,647	194,121,381	802,105,493	178,637,095
Core Diversified Growth & Income Portfolio	—	17,492,228	—	9,811,953
Core Fundamental Holdings Portfolio	—	8,546,736	—	6,278,241
Core Global Diversification Portfolio	—	18,203,438	—	8,696,967
Emerging Markets Debt Fund	—	18,381,055	—	4,692,895
Emerging Markets Value Fund	—	125,906,683	—	135,443,349
Equity-Income Fund	—	99,294,358	—	71,758,560
Fundamental Value Fund	—	175,483,317	—	156,453,875
Global Agribusiness Fund	—	879,148	—	874,910
Global Bond Fund	248,515,130	478,357,762	326,016,496	306,278,090
Global Infrastructure Fund	—	866,227	—	841,279
Global Real Estate Fund	—	164,719,649	—	158,647,861
Global Timber Fund	—	855,456	—	849,984
High Income Fund	—	211,317,254	—	286,082,474
High Yield Fund	—	520,946,523	—	556,333,505
Index 500 Fund	—	124,464,829	—	117,006,809
International Equity Index Fund	—	76,188,600	—	4,119,608
International Opportunities Fund	—	663,719,612	—	558,188,712
International Small Cap Fund	—	21,169,658	—	869,167,243
International Small Company Fund	—	10,263,982	—	21,313,480
International Value Fund	—	90,089,397	—	139,556,594
Investment Quality Bond Fund	9,141,274	17,682,053	1,494,098	12,083,445
Large Cap Fund	—	83,651,687	—	68,549,832
Large Cap Value Fund	—	325,925,442	—	310,681,719
Mid Cap Index Fund	—	51,627,504	—	53,709,215
Mid Cap Stock Fund	—	526,820,368	—	556,862,599
Mid Cap Value Equity Fund	—	42,413,086	—	45,980,988
Mid Value Fund	—	73,803,542	—	86,715,643
Optimized Value Fund	—	194,117,793	—	192,815,055
Real Estate Equity Fund	—	36,710,766	—	53,192,820
Real Estate Securities Fund	—	278,113,103	—	94,662,711
Real Return Bond Fund	1,835,136,659	151,759,427	1,861,897,098	119,154,564
Short Term Government Income Fund	26,248,062	—	18,902,632
Small Cap Growth Fund	—	74,444,463	—	94,117,035
Small Cap Index Fund	—	15,763,279	—	8,045,351
Small Cap Opportunities Fund	—	18,975,611	—	22,400,456
Small Cap Value Fund	—	11,612,661	—	12,423,444
Small Company Growth Fund	—	25,478,706	—	20,876,643
Small Company Value Fund	—	41,864,616	—	43,449,445
Smaller Company Growth Fund	—	75,163,441	—	71,212,470
Spectrum Income Fund	124,114,283	238,581,350	139,480,448	304,299,347
Strategic Bond Fund	175,385,945	81,152,367	269,569,764	217,922,861
Total Bond Market Fund	151,626,634	27,119,028	32,318,855	4,440,974
Total Return Fund	1,962,015,393	174,048,858	2,356,121,255	138,611,918
U.S. Government Securities Fund	63,495,342	1,018,115	88,021,993	12,733,705

406

PURCHASE AND SALE OF SECURITIES, CONTINUED


	PURCHASES		SALES AND MATURITIES
FUND	U.S. GOVERNMENT	OTHER ISSUERS	U.S. GOVERNMENT	OTHER ISSUERS

U.S. High Yield Bond Fund	—	$247,865,825	—	$300,655,092
U.S. Multi Sector Fund	—	196,310,721	—	168,734,445
Value Fund	—	33,603,048	—	42,653,706
Value & Restructuring Fund	—	57,016,468	—	63,873,940
Vista Fund	—	182,039,538	—	170,637,886

8. INVESTMENT BY AFFILIATED FUNDS Certain investors in the Fund are affiliated Funds and are managed by the Adviser and its affiliates. The affiliated Funds do not invest in the Fund for the purpose of exercising management or control; however, this investment may represent a significant portion of the Fund’s net assets. The following Funds had an affiliate ownership concentration of 5% or more of a Funds’ net assets as of February 28, 2010:


Fund	Affiliate Concentration	Fund	Affiliate Concentration

Active Bond Fund	94.4%	Mid Cap Stock Fund	63.6%
All Cap Core Fund	100.0%	Mid Cap Value Equity Fund	100.0%
All Cap Value Fund	76.8%	Mid Value Fund	100.0%
Alpha Opportunities Fund	100.0%	Optimized Value Fund	85.5%
Blue Chip Growth Fund	76.6%	Real Estate Equity Fund	99.9%
Capital Appreciation Fund	79.1%	Real Return Bond Fund	94.1%
Core Bond Fund	97.5%	Short Term Government Income Fund	99.7%
Emerging Markets Value Fund	97.1%	Small Cap Growth Fund	100.0%
Equity-Income Fund	83.7%	Small Cap Index Fund	100.0%
Fundamental Value Fund	89.4%	Small Cap Opportunities Fund	56.0%
Global Bond Fund	91.0%	Small Cap Value Fund	100.0%
Global Real Estate Fund	99.9%	Small Company Growth Fund	100.0%
High Income Fund	98.7%	Small Company Value Fund	73.3%
High Yield Fund	92.7%	Smaller Company Growth Fund	100.0%
Index 500 Fund	99.6%	Spectrum Income Fund	99.9%
International Equity Index Fund	98.9%	Strategic Bond Fund	82.1%
International Opportunities Fund	89.2%	Total Bond Market Fund	98.8%
International Small Cap Fund	49.1%	Total Return Fund	70.5%
International Small Company Fund	98.6%	U.S. Government Securities Fund	68.9%
International Value Fund	67.9%	U.S. High Yield Bond Fund	94.1%
Investment Quality Bond Fund	66.0%	U.S. Multi Sector Fund	99.7%
Large Cap Fund	84.9%	Value Fund	100.0%
Large Cap Value Fund	85.8%	Value & Restructuring Fund	100.0%
Mid Cap Index Fund	100.0%	Vista Fund	100.0%

9. INVESTMENT IN AFFILIATED UNDERLYING FUNDS Alternative Asset Allocation Fund, Core Diversified Growth & Income Portfolio, Core Fundamental Holdings Portfolio and Core Global Diversification Portfolio invest primarily in affiliated underlying funds that are managed by the Adviser and affiliates. The Funds do not invest in the affiliated underlying funds for the purpose of exercising management or control; however, the Fund’s investment may represent a significant portion of each underlying Fund’s net assets. For the six months ended February 28, 2010, none of these Funds held 5% or more of an underlying Funds’ net assets.

407

John Hancock Funds II

Evaluation of Advisory and Subadvisory Agreements by the Board of Trustees

At its meeting on December 15-17, 2009, the Board, including all of the Independent Trustees, approved the Emerging Markets Debt Fund (the “New Portfolio”), a new series of John Hancock Funds II (the “Trust”):

This section describes the evaluation by the Board of Trustees of:

(a) an amendment (the “Advisory Agreement Amendment”) to the advisory agreement between John Hancock Funds II (the “Trust”) and John Hancock Investment Management Services, LLC (the “Adviser” or “JHIMS”) to add the New Portfolio.

(b) an amendment to the subadvisory agreement between the Adviser and MFC Global Investment Management (U.S.), LLC (the “Subadviser”) to add the New Portfolio (the “Subadvisory Agreement Amendment”).

Evaluation by the Board of Trustees

The Board, including the Independent Trustees, is responsible for selecting the Trust’s Adviser, approving the Adviser’s selection of subadvisers for each of the portfolios of the Trust (the “Funds”) and approving the Trust’s advisory and subadvisory agreements (and any sub-subadvisory agreements), their periodic continuation and any amendments. Consistent with SEC rules, the Board regularly evaluates the Trust’s advisory and subadvisory arrangements, including consideration of the factors listed below. The Board may also consider other factors (including conditions and trends prevailing generally in the economy, the securities markets and the industry) and does not treat any single factor as determinative, and each Trustee may attribute different weights to different factors. The Board is furnished with an analysis of its fiduciary obligations in connection with its evaluation and, throughout the evaluation process, the Board is assisted by counsel for the Trust and the Independent Trustees are also separately assisted by independent legal counsel. The factors considered by the Board are:

1. the nature, extent and quality of the services to be provided by the Adviser to the Trust and by the subadvisers to the Funds;

2. the investment performance of the Funds and their subadvisers;

3. the extent to which economies of scale would be realized as a Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders;

4. the costs of the services to be provided and the profits to be realized by the Adviser and its affiliates (including any subadvisers that are affiliated with the Adviser) from the Adviser’s relationship with the Trust; and

5. comparative services rendered and comparative advisory and subadvisory fee rates.

The Board believes that information relating to all of these factors is relevant to its evaluation of the Trust’s advisory agreement. With respect to its evaluation of subadvisory agreements (including any sub-subadvisory agreements) with entities that are not affiliated with the Adviser, the Board believes that, in view of the Trust’s “manager-of-managers” advisory structure, the costs of the services to be provided and the profits to be realized by those subadvisers that are not affiliated with the Adviser from their relationship with the Trust generally are not a material factor in the Board’s consideration of these subadvisory agreements because such fees are paid by the Adviser and not by the Funds and the Board relies on the ability of the Adviser to negotiate the subadvisory fees at arms-length.

In evaluating subadvisory arrangements, the Board also considers any other material business relationships that unaffiliated subadvisers and their affiliates have with the Adviser or its affiliates, including the involvement by certain affiliates of certain subadvisers in the distribution of financial products, including shares of the Trust, offered by the Adviser and other affiliates of the Adviser (“Material Relationships”).

Approval of Advisory Agreement

At its meeting on December 15-17, 2009, the Board, including all the Independent Trustees, approved the Advisory Agreement Amendment.

In approving the Advisory Agreement Amendment, and with reference to the factors that it regularly considers, the Board:

(1)–(a) considered the high value to the Trust of continuing its relationship with JHIMS as the Trust’s adviser, the skills and competency with which JHIMS has in the past managed the Trust’s affairs and its subadvisory relationships, JHIMS’s oversight and monitoring of the subadvisers’ investment performance and compliance programs including its timeliness in responding to performance issues and the qualifications of JHIMS’ personnel,

(b) considered JHIMS’s compliance policies and procedures and its responsiveness to regulatory changes and mutual fund industry developments, and

(c) considered JHIMS’s administrative capabilities, including its ability to supervise the other service providers for the Funds and concluded that JHIMS may reasonably be expected to perform its services under the Advisory Agreement with respect to the New Portfolio;

(2)–reviewed the advisory fee structure for the New Portfolio (including JHIMS’s agreement to waive a portion of its management fees or reimburse expenses based upon that portion of the aggregate net assets of all participating Funds that exceeds $85 billion) and the incorporation of the subadvisory fee breakpoints (as described below under “Approval of Subadvisory Agreements” below) and concluded that, although economies of scale cannot be measured with precision, these arrangements permit shareholders of the New Portfolio to benefit from economies of scale if the assets of the New Portfolio grow;

(3)–(a) reviewed and considered an analysis presented by JHIMS regarding the anticipated profitability of JHIMS’s and its affiliates’ relationship with the New Portfolio and whether JHIMS has the financial ability to provide a high level of services to the New Portfolio,

(b) considered that JHIMS derives reputational and other indirect benefits from providing advisory services to the New Portfolio, and

(c) noted that JHIMS will pay the subadvisory fee out of the advisory fees JHIMS will receive from the New Portfolio and concluded that the advisory fees to be paid by the Trust with respect to the New Portfolio are not unreasonable in light of such information; and

(d) considered that the Adviser should be entitled to earn a reasonable level of profits in exchange for the level of services it will provide to the New Portfolio and the entrepreneurial risk that it assumes as Adviser. Based upon its review, the Board concluded that the Adviser and its affiliates’ anticipated level of profitability, if any, from their relationship with the New Portfolio was reasonable and not excessive.

(4)–(a) reviewed comparative information with respect to the advisory fee rates and concluded that the anticipated advisory fees for the New Portfolio are generally within a competitive range of those incurred by other comparable funds. In this regard, the Board took into account management’s discussion with respect to the advisory fee structure. The Board also noted that the Adviser pays the subadvisory fees of New Portfolio. The Board also took into account the level and quality of services expected to be provided by JHIMS with respect to the New Portfolio, as well as the other factors considered.

Additional information that the Board considered in approving the Advisory Agreement Amendment is set forth in Appendix A.

Approval of Subadvisory Agreement

At its meeting on December 15-17, 2009, the Board, including all the Independent Trustees, approved the Subadvisory Agreement Amendment.

In making its determination with respect to the Subadvisory Agreement Amendment and with reference to the factors that it considers, the Board reviewed or considered:

(1) information relating to the Subadviser’s business, including current subadvisory services to the Trust,

408

John Hancock Funds II

Evaluation of Advisory and Subadvisory Agreements by the Board of Trustees

(2) that the Subadviser has extensive experience and demonstrated skills as a manager;

(3) the investment performance of other Trust and John Hancock Trust funds managed by the Subadviser, and

(4) the proposed subadvisory fee for the New Portfolio and comparative fee information as set forth in Appendix A.

The Board’s decision to approve the Subadvisory Agreement Amendment was based on a number of determinations, including the following:

(1) That the Subadviser currently manages other funds of the Trust and John Hancock Trust and the Board is generally satisfied with the Subadviser’s management of these funds;

(2) The subadvisory fees for the New Portfolio are: (i) within industry norms and (ii) paid by the Adviser and not by the Portfolio; and

(3) Subadvisory breakpoints are reflected as breakpoints in the advisory fees for the Portfolio.

409

John Hancock Funds II

Appendix A


	Comparable Fund
Fund	Performance	Estimated Fees and Expenses
(Subadviser)	as of September 30, 2009	as of September 30, 2009	Other Comments


Emerging Markets	None	Subadvisory fees for this Fund	The Board noted that the peer
Debt Fund		were lower than its peer group	group for the Fund is very small.
		median.

(MFC Global (US))		Advisory fees for this Fund were
		lower than its peer group
		median.

410

John Hancock Funds II

For More Information

The business address for all Trustees and Officers is 601 Congress Street, Boston, Massachusetts 02210-2805.

The Statement of Additional Information, a separate document with supplemental information not contained in the Prospectus, includes additional information on the Board of Trustees and can be obtained without charge by calling 1-800-344-1029 or on the Securities and Exchange Commission (“SEC”) Web site at www.sec.gov.

PROXY VOTING POLICY A description of the Trust’s proxy voting policies and procedures and information regarding how the Trust voted proxies relating to fund securities during the most recent twelve-month period ended June 30 is available without charge, upon request, by calling 1-800-344-1029 or on the Trust’s Web site at www.jhfunds.com or on the SEC Web site at www.sec.gov.

QUARTERLY PORTFOLIO DISCLOSURE The Trust files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The fund’s Form N-Q is available electronically on the SEC Web site (www.sec.gov); hard copies may be reviewed and copied at the SEC’s Public Reference Room, 450 Fifth St., N.W., Washington, DC 20549. For more information on the Public Reference Room, call 1-800-SEC-0330.

The report is under the Sarbanes-Oxley Act, which requires mutual funds and other public companies to affirm that, to the best of their knowledge, the information in their financial reports is fairly and accurately stated in all material respects.

411

ITEM 2. CODE OF ETHICS.

(a)Not Applicable
(b)Not Applicable
(c)Not Applicable
(d)Not Applicable
(e)Not Applicable
(f)Not Applicable

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Not Applicable

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) Not Applicable
(b) Not Applicable
(c) Not Applicable
(d) Not Applicable
(e) Not Applicable
(f) Not Applicable.
(g) Not Applicable
(h) Not Applicable
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS

Not Applicable.

ITEM 6. SCHEDULE OF INVESTMENTS.

(a) Included with Item 1.
(b) Not Applicable.

ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END

MANAGEMENT INVESTMENT COMPANIES.

Not Applicable.

ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT

COMPANIES.

Not Applicable.

ITEM 9. PURCHASE OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT

COMPANIES AND AFFILIATED PURCHASERS.

Not Applicable.

ITEM 10. SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS.

Not Applicable.

ITEM 11. CONTROLS AND PROCEDURES.

(a) EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES. The Registrant maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in this Form N-CSR is recorded, processed, summarized and reported within the periods specified in the rules and forms of the Securities and Exchange Commission. Such

disclosure controls and procedures include controls and procedures designed to ensure that such information is accumulated and communicated to the Registrant's management, including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.

Within 90 days prior to the filing date of this Form N-CSR, the Registrant had carried out an evaluation, under the supervision and with the participation of the Registrant's management, including the Registrant's principal executive officer and the Registrant's principal financial officer, of the effectiveness of the design and operation of the Registrant's disclosure controls and procedures relating to information required to be disclosed on Form N-CSR. Based on such evaluation, the Registrant's principal executive officer and principal financial officer concluded that the Registrant's disclosure controls and procedures are operating effectively to ensure that:

(i) information required to be disclosed in this Form N-CSR is recorded, processed, summarized and reported within the periods specified in the rules and forms of the Securities and Exchange Commission, and (ii) information is accumulated and communicated to the Registrant’s management, including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.

(b) CHANGE IN REGISTRANT’S INTERNAL CONTROL: Not Applicable.

ITEM 12. EXHIBITS.

(a)(1) Not applicable

(a)(2)(i) CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER.

(a)(2)(ii) CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER.

(b) CERTIFICATION PURSUANT TO Rule 30a-2(b) OF THE INVESTMENT COMPANY ACT OF 1940

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 FUNDS II

/s/ Hugh McHaffie
_______________________________
Hugh McHaffie
President
Date: April 21, 2010

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.

/s/ Hugh McHaffie
________________________________
Hugh McHaffie
President
Date: April 21, 2010

/s/ Charles A. Rizzo
_________________________________
Charles A. Rizzo
Chief Financial Officer
Date: April 21, 2010

AUGUST 31, 2009

Ordinary Income

$48,419,501