John Hancock
Collateral Trust
Quarterly portfolio holdings 9/30/2021
| Fund’s investments |
As of 9-30-21
(unaudited)
| Maturity date | Yield (%) | Par value^ | Value | ||
| Commercial paper 61.0% | $614,969,706 | ||||
| (Cost $614,943,377) | |||||
| Australia & New Zealand Banking Group, Ltd. | 02-01-22 | 0.112 | 10,000,000 | 9,996,934 | |
| BASF SE | 10-01-21 | 0.061 | 50,000,000 | 49,999,883 | |
| CAFCO LLC | 10-15-21 to 12-07-21 | 0.071 to 0.091 | 15,000,000 | 14,998,558 | |
| Cargill Global Funding PLC | 10-01-21 | 0.051 | 50,000,000 | 49,999,901 | |
| Chariot Funding LLC | 10-05-21 to 11-19-21 | 0.081 to 0.101 | 22,000,000 | 21,998,436 | |
| Commonwealth Bank of Australia | 04-22-22 | 0.142 | 4,500,000 | 4,496,328 | |
| Cooperatieve Rabobank UA | 02-08-22 | 0.132 | 1,250,000 | 1,249,572 | |
| Credit Suisse AG | 12-27-21 | 0.172 | 25,000,000 | 24,991,506 | |
| Gotham Funding Corp. | 12-13-21 to 02-04-22 | 0.101 | 21,000,000 | 20,991,403 | |
| Lime Funding LLC | 10-01-21 to 11-01-21 | 0.101 | 17,800,000 | 17,799,264 | |
| Long Island Power Authority | 10-06-21 | 0.101 | 16,600,000 | 16,600,055 | |
| Manhattan Asset Funding Company LLC | 01-10-22 to 07-01-22 | 0.122 to 0.213 | 23,000,000 | 22,976,981 | |
| MUFG Bank, Ltd. | 10-22-21 to 11-16-21 | 0.061 to 0.071 | 43,800,000 | 43,798,279 | |
| National Rural Utilities Cooperative Finance Corp. | 10-07-21 to 10-21-21 | 0.081 | 25,000,000 | 24,999,341 | |
| Old Line Funding LLC | 10-20-21 to 03-10-22 | 0.071 to 0.132 | 44,250,000 | 44,242,814 | |
| PSP Capital, Inc. | 10-14-21 to 03-07-22 | 0.091 to 0.132 | 12,500,000 | 12,495,859 | |
| Royal Bank of Canada | 11-30-21 | 0.183 | 14,000,000 | 13,998,079 | |
| Salt River Project Agricultural Improvement & Power District | 10-19-21 | 0.061 | 35,100,000 | 35,098,421 | |
| Swedbank AB | 10-05-21 to 02-23-22 | 0.132 to 0.162 | 49,450,000 | 49,447,595 | |
| The Bank of Nova Scotia | 05-06-22 to 09-15-22 | 0.203 to 0.223 | 10,000,000 | 9,986,451 | |
| The University of Chicago | 12-02-21 | 0.071 | 7,600,000 | 7,599,058 | |
| Thunder Bay Funding LLC | 03-18-22 | 0.132 | 3,000,000 | 2,997,944 | |
| Toyota Credit Canada, Inc. | 12-07-21 | 0.223 | 25,000,000 | 24,992,020 | |
| University of California | 10-05-21 | 0.051 | 9,000,000 | 8,999,884 | |
| Westpac Banking Corp. | 04-01-22 to 09-08-22 | 0.193 to 0.233 | 30,000,000 | 29,975,905 | |
| Westpac Securities NZ, Ltd. | 02-07-22 to 05-02-22 | 0.132 to 0.162 | 6,050,000 | 6,045,996 | |
| Yale University | 10-19-21 to 10-20-21 | 0.051 | 44,195,000 | 44,193,239 | |
| U.S. Government Agency 9.8% | $98,752,298 | ||||
| (Cost $98,651,614) | |||||
| Federal Farm Credit Bank (SOFR + 0.060%) (A) | 01-13-23 | 0.071 | 10,524,000 | 10,530,860 | |
| Federal Farm Credit Bank (SOFR + 0.080%) (A) | 03-10-22 | 0.132 | 7,000,000 | 7,002,353 | |
| Federal Farm Credit Bank (Prime rate - 3.100%) (A) | 03-15-22 | 0.157 | 5,000,000 | 5,001,460 | |
| Federal Farm Credit Bank (3 month USBMMY + 0.250%) (A) | 02-22-22 | 0.259 | 10,000,000 | 10,009,472 | |
| Federal Farm Credit Bank (Prime rate - 2.970%) (A) | 05-27-22 | 0.284 | 15,000,000 | 15,018,946 | |
| Federal Farm Credit Bank (SOFR + 0.380%) (A) | 04-22-22 | 0.435 | 5,000,000 | 5,010,508 | |
| Federal Home Loan Bank | 02-25-22 to 03-11-22 | 0.035 to 0.085 | 11,000,000 | 11,031,111 | |
| Federal National Mortgage Association (SOFR + 0.150%) (A) | 12-09-21 | 0.203 | 90,000 | 90,024 | |
| Federal National Mortgage Association (SOFR + 0.190%) (A) | 05-19-22 | 0.243 | 5,000,000 | 5,005,071 | |
| Federal National Mortgage Association (SOFR + 0.200%) (A) | 06-15-22 | 0.253 | 10,000,000 | 10,011,950 | |
| Federal National Mortgage Association (SOFR + 0.390%) (A) | 04-15-22 | 0.445 | 20,000,000 | 20,040,543 | |
| Time deposits 6.9% | $70,000,000 | ||||
| (Cost $70,000,000) | |||||
| BNP Paribas SA | 10-01-21 | 0.020 | 20,000,000 | 20,000,000 | |
| Sumitomo Mitsui Banking Corp. | 10-14-21 | 0.183 | 50,000,000 | 50,000,000 | |
| Corporate interest-bearing obligations 5.6% | $56,410,946 | ||||
| (Cost $56,442,594) | |||||
| Credit Suisse AG (SOFR + 0.450%) (A) | 02-04-22 | 0.193 | 10,000,000 | 10,012,470 | |
| Credit Suisse AG | 10-29-21 | 0.279 | 10,856,000 | 10,877,302 | |
| Merck & Company, Inc. | 02-10-22 | 0.159 | 1,005,000 | 1,012,711 | |
| Microsoft Corp. | 02-06-22 | 0.369 | 6,726,000 | 6,763,674 | |
| Novartis Capital Corp. | 05-17-22 | 0.331 | 2,780,000 | 2,813,561 | |
| 2 | JOHN HANCOCK COLLATERAL TRUST | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
| Maturity date | Yield (%) | Par value^ | Value | ||
| Pfizer, Inc. | 03-11-22 | 0.209 | 1,500,000 | $1,517,096 | |
| Philip Morris International, Inc. | 02-18-22 | 0.450 | 1,221,000 | 1,229,748 | |
| The Home Depot, Inc. | 06-01-22 | 0.364 | 10,000,000 | 10,137,578 | |
| U.S. Bancorp | 03-15-22 | 0.451 | 2,500,000 | 2,525,858 | |
| UBS AG (B) | 04-21-22 | 0.338 | 5,000,000 | 5,035,515 | |
| Westpac Banking Corp. | 01-11-22 | 0.159 | 4,453,000 | 4,485,433 | |
| U.S. Government 2.7% | $27,037,660 | ||||
| (Cost $27,036,062) | |||||
| U.S. Treasury Note | 12-31-21 | 0.046 | 7,000,000 | 7,027,291 | |
| U.S. Treasury Note (3 month USBMMY + 0.154%) (A) | 01-31-22 | 0.061 | 20,000,000 | 20,010,369 | |
| Certificate of deposit 2.5% | $25,009,333 | ||||
| (Cost $25,000,994) | |||||
| The Bank of Nova Scotia (SOFR + 0.170%) (A) | 02-25-22 | 0.213 | 25,000,000 | 25,009,333 | |
| Municipal bonds 0.3% | $3,032,141 | ||||
| (Cost $3,033,085) | |||||
| State of California | 04-01-22 | 0.140 | 3,000,000 | 3,032,141 | |
| Par value^ | Value | ||||
| Repurchase agreement 6.8% | $68,000,000 | ||||
| (Cost $68,000,000) | |||||
| Barclays Tri-Party Repurchase Agreement dated 9-30-21 at 0.050% to be repurchased at $43,000,060 on 10-1-21, collateralized by $43,233,926 U.S. Treasury Inflation Indexed Notes, 0.125% due 4-15-22 (valued at $43,860,116) | 43,000,000 | 43,000,000 | |||
| Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $25,000,000 on 10-1-21, collateralized by $25,523,000 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $25,500,080) | 25,000,000 | 25,000,000 | |||
| Total investments (Cost $963,107,726) 95.6% | $963,212,084 | ||||
| Other assets and liabilities, net 4.4% | 44,435,956 | ||||
| Total net assets 100.0% | $1,007,648,040 | ||||
| The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
| ^All par values are denominated in U.S. dollars unless otherwise indicated. | |
| Security Abbreviations and Legend | |
| SOFR | Secured Overnight Financing Rate |
| USBMMY | U.S. Treasury Bill Money Market Yield |
| (A) | Variable rate obligation. |
| (B) | 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. |
| SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK COLLATERAL TRUST | 3 |
| Notes to Fund’s investments (unaudited) |
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other
disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the
NYSE pursuant to the fund’s Valuation Policies and Procedures.
In order to value the securities,
the fund uses the following valuation techniques: Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which
takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker
supplied prices.
Other portfolio securities and
assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the fund’s Pricing Committee following procedures established by the Board of
Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for
such securities existed.
The fund uses a three-tier hierarchy
to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities,
including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment
speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities
valued using significant unobservable inputs when market prices are not readily available or reliable, including the fund’s own assumptions in determining the fair value of investments. Factors used in
determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the
risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
As of September 30, 2021, all
investments are categorized as Level 2 under the hierarchy described above.
For additional information on the
fund’s significant accounting policies and risks, please refer to the fund’s most recent semiannual or annual shareholder report and prospectus.
| 4 | | |