UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number811- 2402
John Hancock Sovereign Bond Fund
(Exact name of registrant as specified in charter)
Berkeley Street, Boston, Massachusetts 02116
(Address of principal executive offices) (Zip code)
Salvatore Schiavone
Treasurer
200 Berkeley Street
Boston, Massachusetts 02116
(Name and address of agent for service)
Registrant's telephone number, including area code:617-663-4497
Date of fiscal year end: | May 31 |
Date of reporting period: | May 31, 2019 |
ITEM 1. REPORTS TO STOCKHOLDERS.
John Hancock
Bond Fund
Annual report 5/31/19
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the Fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A, Class B and Class C shares) or 888-972-8696 (Class I, Class R2, Class R4 and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
A solid and stable economy enabled the U.S. Federal Reserve (Fed) to continue normalizing monetary policy for most of 2018; however, concerns about the strength of the broader global economy and the durability of the now 10-year-old bull market led investors to dial back riskexposures. Those concerns may ultimately have been shared by the Fed, which shifted to a neutral stance on interest rates in the beginning of 2019 after three years of hikes. The markets responded favorably, with most bond indexes registering gains before hitting a patch of turbulence in May as trade turmoil between the United States and China flared again.
As always, your best resource in unpredictable markets is your financial advisor, who can help position your portfolio so that it's sufficiently diversified to meet your long-term objectives and to withstand the inevitable turbulence along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
John Hancock
Bond Fund
Table of contents
2 | Your fund at a glance | |
5 | Discussion of fund performance | |
7 | A look at performance | |
9 | Your expenses | |
11 | Fund's investments | |
42 | Financial statements | |
46 | Financial highlights | |
54 | Notes to financial statements | |
65 | Report of independent registered public accounting firm | |
66 | Tax information | |
67 | Trustees and Officers | |
71 | More information |
INVESTMENT OBJECTIVE
The fund seeks a high level of current income consistent with prudent investment risk.
AVERAGE ANNUAL TOTAL RETURNS AS OF 5/31/19 (%)
The Bloomberg Barclays U.S. Aggregate Bond Index is an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower.
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund's objectives, risks, and strategy, see the fund's prospectus.
PERFORMANCE HIGHLIGHTS OVER THE LAST TWELVE MONTHS
Investment-grade securities delivered strong returns, while high-yield bonds (generally those rated BB and below) modestly underperformed
The backdrop of slowing growth benefited U.S. Treasuries and other investment-grade fixed-income assets, but it led to a narrow shortfall for high yield.
The U.S. Federal Reserve (Fed) shifted to an accommodative stance
The Fed raised interest rates four times in 2018, but in early 2019 it indicated that it was unlikely to enact further rate hikes in the current cycle.
The fund trailed the Bloomberg Barclays U.S. Aggregate Bond Index
Asset allocation detracted from performance, while robust security selection in investment-grade corporates and high-yield bonds was the leading contributor.
PORTFOLIO COMPOSITION AS OF 5/31/19 (%)
A note about risks
The fund is subject to various risks as described in the fund's prospectus. For more information, please refer to the "Principal risks" section of the prospectus.
QUALITY COMPOSITION AS OF 5/31/19 (%)
The bond market produced generally positive returns during the 12 months ended May 31, 2019. In a reversal of a trend that had been in place for several years, U.S. Treasuries outperformed credit-sensitive market segments due to the combination of slowing economic growth, persistent concerns about the impact of the trade dispute between the United States and China, and the U.S. Federal Reserve's (Fed's) apparent shift to a more accommodative policy. Investment-grade corporate bonds and commercial mortgage-backed securities delivered healthy absolute returns and finished ahead of U.S. Treasuries. On the other end of the spectrum, high-yield bonds underperformed somewhat as decelerating growth made investors less comfortable taking higher degrees of credit risk.
What elements of the fund's positioning helped and hurt results?
Asset allocation was a modest detractor from performance, primarily as a result of an overweight position in high-yield bonds. While we saw high yield as a way to capitalize on positive economic growth and healthy corporate earnings, the category failed to keep pace with the benchmark. An underweight in U.S. Treasuries also hurt results. On the plus side, an overweight in asset-backed securities contributed.
Security-specific selection, particularly among corporate bonds, had a favorable effect on performance. We emphasized companies with stable and improving balance sheets, which led us to hold an overweight in financials and an underweight in the more economically sensitive areas of the market. This aspect of our strategy worked well, as financials outperformed and the bonds of some cyclical companies that didn't deliver on their debt-reduction plans came under pressure.
COUNTRY COMPOSITION AS OF 5/31/19 (%)
United States | 88.8 |
United Kingdom | 2.5 |
Netherlands | 1.7 |
Canada | 1.6 |
Other countries | 5.4 |
TOTAL | 100.0 |
As a percentage of net assets. |
What were some key aspects of your portfolio activity?
The portfolio shifts of the past year encompassed two important themes. First, we sought to reduce risk by lowering the fund's weightings in high-yield issues and investment-grade corporates. While we want to maintain meaningful exposure to these areas to capture their attractive yields, we believe a highly selective approach to credit risk is necessary given that the economic cycle has become extended relative to historical norms. We redeployed some of the proceeds into U.S. Treasuries and agency mortgage-backed securities.
Second, we repositioned the fund for a flattening yield curve toward a more neutral posture. Previously, the fund was overweight in both longer- and shorter-term debt and underweight in the intermediate portion of the curve. We adjusted this positioning by reducing its weighting in 20- and 30-year bonds, as well as in shorter-duration corporates, asset-backed securities, and floating-rate issues. We reinvested the proceeds of these sales into the intermediate portion of the yield curve, largely in the 5- to 10-year range. We believe these active shifts have helped position the fund to capture the key trends affecting the investment landscape.
MANAGED BY
Howard C. Greene, CFA On the fund since 2002 Investing since 1979 | |
Jeffrey N. Given, CFA On the fund since 2006 Investing since 1993 |
TOTAL RETURNS FOR THE PERIOD ENDED MAY 31, 2019
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized1 | ||||||||
1-year | 5-year | 10-year | 5-year | 10-year | as of 5-31-19 | as of 5-31-19 | |||||
Class A | 2.09 | 2.12 | 6.15 | 11.05 | 81.66 | 2.89 | 2.88 | ||||
Class B | 0.66 | 1.88 | 6.00 | 9.78 | 79.09 | 2.31 | 2.31 | ||||
Class C | 4.66 | 2.25 | 5.85 | 11.79 | 76.59 | 2.31 | 2.31 | ||||
Class I2 | 6.70 | 3.28 | 6.97 | 17.53 | 96.07 | 3.30 | 3.29 | ||||
Class R22,3 | 6.29 | 2.88 | 6.57 | 15.25 | 88.90 | 2.92 | 2.91 | ||||
Class R42,3 | 6.55 | 3.12 | 6.67 | 16.63 | 90.76 | 3.16 | 3.06 | ||||
Class R62,3 | 6.81 | 3.40 | 6.96 | 18.17 | 95.96 | 3.41 | 3.41 | ||||
Class NAV2,3 | 6.83 | 3.30 | 6.76 | 17.61 | 92.37 | 3.42 | 3.41 | ||||
Index† | 6.40 | 2.70 | 3.83 | 14.26 | 45.57 | — | — |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charges on Class A shares of 4.0% and the applicable contingent deferred sales charge (CDSC) on Class B and Class C shares. The returns for Class A shares have been adjusted to reflect the reduction in the maximum sales charge from 4.5% to 4.0%, effective 2-3-14. 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 sold within one year of purchase are subject to a 1% CDSC. Sales charges are not applicable to Class I, Class R2, Class R4, Class R6, and Class NAV shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until September 30, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The expense ratios are as follows:
Class A | Class B | Class C | Class I | Class R2 | Class R4 | Class R6 | Class NAV | |
Gross (%) | 0.80 | 1.50 | 1.50 | 0.50 | 0.90 | 0.75 | 0.40 | 0.39 |
Net (%) | 0.79 | 1.49 | 1.49 | 0.49 | 0.89 | 0.64 | 0.39 | 0.38 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
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 and other factors, 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 800-225-5291 or visit the fund's website at jhinvestments.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 fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
† | Index is the Bloomberg Barclays U.S. Aggregate Bond Index. |
See the following page for footnotes.
This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Bond Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in the Bloomberg Barclays U.S. Aggregate Bond Index.
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class B4 | 5-31-09 | 17,909 | 17,909 | 14,557 |
Class C4 | 5-31-09 | 17,659 | 17,659 | 14,557 |
Class I2,3 | 5-31-09 | 19,607 | 19,607 | 14,557 |
Class R22,3 | 5-31-09 | 18,890 | 18,890 | 14,557 |
Class R42,3 | 5-31-09 | 19,076 | 19,076 | 14,557 |
Class R62,3 | 5-31-09 | 19,596 | 19,596 | 14,557 |
Class NAV2,3 | 5-31-09 | 19,237 | 19,237 | 14,557 |
The values shown in the chart for Class A shares with maximum sales charge have been adjusted to reflect the reduction in the Class A shares' maximum sales charge from 4.5% to 4.0%, which became effective on 2-3-14.
The Bloomberg Barclays U.S. Aggregate Bond Index is an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Footnotes related to performance pages
1 | Unsubsidized yield reflects what the yield would have been without the effect of reimbursements and waivers. |
2 | For certain types of investors, as described in the fund's prospectuses. |
3 | Class R2 shares were first offered 3-1-12; Class R4 shares were first offered 3-27-15; Class R6 shares were first offered 9-1-11; Class NAV shares were first offered 8-31-15. Returns prior to these dates are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
4 | The contingent deferred sales charge is not applicable. |
Your expenses |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 9 |
Account value on 12-1-2018 | Ending value on 5-31-2019 | Expenses paid during period ended 5-31-20191 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,068.40 | $4.02 | 0.78% |
Hypothetical example | 1,000.00 | 1,021.00 | 3.93 | 0.78% | |
Class B | Actual expenses/actual returns | 1,000.00 | 1,064.70 | 7.62 | 1.48% |
Hypothetical example | 1,000.00 | 1,017.60 | 7.44 | 1.48% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,065.30 | 7.62 | 1.48% |
Hypothetical example | 1,000.00 | 1,017.60 | 7.44 | 1.48% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,070.50 | 2.53 | 0.49% |
Hypothetical example | 1,000.00 | 1,022.50 | 2.47 | 0.49% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,067.80 | 4.54 | 0.88% |
Hypothetical example | 1,000.00 | 1,020.50 | 4.43 | 0.88% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,069.80 | 3.25 | 0.63% |
Hypothetical example | 1,000.00 | 1,021.80 | 3.18 | 0.63% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,070.40 | 1.96 | 0.38% |
Hypothetical example | 1,000.00 | 1,023.00 | 1.92 | 0.38% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 1,071.10 | 1.91 | 0.37% |
Hypothetical example | 1,000.00 | 1,023.10 | 1.87 | 0.37% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/365 (to reflect the one-half year period). |
10 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
Fund’s investments |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government and Agency obligations 39.8% | $6,370,297,312 | ||||
(Cost $6,218,707,176) | |||||
U.S. Government 17.2% | 2,749,547,026 | ||||
U.S. Treasury | |||||
Bond | 2.750 | 11-15-42 | 349,385,000 | 362,637,065 | |
Bond | 3.000 | 02-15-47 | 197,535,000 | 214,773,014 | |
Bond | 3.000 | 02-15-49 | 781,913,000 | 851,307,780 | |
Note | 2.250 | 04-30-24 | 547,210,000 | 555,375,402 | |
Note (A) | 2.375 | 05-15-29 | 749,469,000 | 765,453,765 | |
U.S. Government Agency 22.6% | 3,620,750,286 | ||||
Federal Home Loan Mortgage Corp. | |||||
15 Yr Pass Thru | 3.000 | 07-01-32 | 82,829,108 | 84,340,722 | |
30 Yr Pass Thru | 3.000 | 03-01-43 | 5,971,653 | 6,066,773 | |
30 Yr Pass Thru | 3.000 | 04-01-43 | 7,125,128 | 7,195,870 | |
30 Yr Pass Thru | 3.000 | 06-01-43 | 2,475,817 | 2,511,385 | |
30 Yr Pass Thru | 3.000 | 12-01-45 | 25,098,651 | 25,388,631 | |
30 Yr Pass Thru | 3.000 | 05-01-46 | 4,569,466 | 4,625,116 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 8,533,940 | 8,627,204 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 9,335,731 | 9,446,509 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 15,071,819 | 15,231,823 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 103,408,118 | 104,602,854 | |
30 Yr Pass Thru | 3.000 | 11-01-46 | 18,245,769 | 18,422,363 | |
30 Yr Pass Thru | 3.000 | 12-01-46 | 88,941,374 | 89,802,202 | |
30 Yr Pass Thru | 3.000 | 12-01-46 | 17,963,128 | 18,153,827 | |
30 Yr Pass Thru | 3.000 | 04-01-47 | 51,983,173 | 52,486,298 | |
30 Yr Pass Thru | 3.500 | 02-01-41 | 16,099,474 | 16,540,216 | |
30 Yr Pass Thru | 3.500 | 01-01-42 | 1,630,176 | 1,691,105 | |
30 Yr Pass Thru | 3.500 | 05-01-42 | 1,474,010 | 1,524,036 | |
30 Yr Pass Thru | 3.500 | 06-01-42 | 6,074,196 | 6,280,346 | |
30 Yr Pass Thru | 3.500 | 08-01-42 | 1,611,763 | 1,666,464 | |
30 Yr Pass Thru | 3.500 | 09-01-42 | 2,023,311 | 2,085,024 | |
30 Yr Pass Thru | 3.500 | 04-01-44 | 7,043,277 | 7,304,327 | |
30 Yr Pass Thru | 3.500 | 05-01-45 | 16,565,210 | 17,127,412 | |
30 Yr Pass Thru | 3.500 | 01-01-46 | 2,037,343 | 2,105,851 | |
30 Yr Pass Thru | 3.500 | 08-01-46 | 85,290,562 | 88,291,826 | |
30 Yr Pass Thru | 3.500 | 09-01-46 | 23,018,097 | 23,712,984 | |
30 Yr Pass Thru | 3.500 | 09-01-46 | 12,263,514 | 12,608,822 | |
30 Yr Pass Thru | 3.500 | 10-01-46 | 4,945,708 | 5,084,966 | |
30 Yr Pass Thru | 3.500 | 10-01-46 | 30,389,224 | 31,354,118 | |
30 Yr Pass Thru | 3.500 | 11-01-46 | 10,608,629 | 10,928,889 | |
30 Yr Pass Thru | 3.500 | 11-01-46 | 10,811,569 | 11,168,363 | |
30 Yr Pass Thru | 3.500 | 12-01-46 | 17,871,225 | 18,466,581 | |
30 Yr Pass Thru | 3.500 | 01-01-47 | 10,067,695 | 10,418,818 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.500 | 02-01-47 | 17,968,591 | $18,474,540 | |
30 Yr Pass Thru | 3.500 | 04-01-47 | 18,682,808 | 19,334,393 | |
30 Yr Pass Thru | 3.500 | 09-01-47 | 56,702,697 | 58,538,515 | |
30 Yr Pass Thru | 3.500 | 11-01-47 | 48,784,477 | 50,127,631 | |
30 Yr Pass Thru | 3.500 | 11-01-47 | 16,302,606 | 16,759,098 | |
30 Yr Pass Thru | 3.500 | 11-01-47 | 26,119,185 | 26,809,742 | |
30 Yr Pass Thru | 4.000 | 01-01-41 | 16,173,217 | 16,939,973 | |
30 Yr Pass Thru | 4.000 | 03-01-42 | 7,841,611 | 8,209,697 | |
30 Yr Pass Thru | 4.000 | 11-01-43 | 5,123,622 | 5,385,741 | |
30 Yr Pass Thru | 4.000 | 02-01-44 | 2,157,739 | 2,271,499 | |
30 Yr Pass Thru | 4.000 | 07-01-45 | 23,828,202 | 25,196,156 | |
30 Yr Pass Thru | 4.000 | 01-01-47 | 15,223,461 | 16,078,395 | |
30 Yr Pass Thru | 4.000 | 03-01-47 | 64,047,637 | 67,144,116 | |
30 Yr Pass Thru | 4.000 | 03-01-47 | 18,810,200 | 19,566,775 | |
30 Yr Pass Thru | 4.000 | 04-01-47 | 27,276,402 | 28,404,611 | |
30 Yr Pass Thru | 4.000 | 05-01-47 | 20,776,241 | 21,635,590 | |
30 Yr Pass Thru | 4.000 | 10-01-47 | 36,622,983 | 38,071,979 | |
30 Yr Pass Thru | 4.000 | 11-01-47 | 27,828,499 | 28,895,625 | |
30 Yr Pass Thru | 4.000 | 03-01-48 | 14,453,495 | 15,007,736 | |
30 Yr Pass Thru | 4.000 | 07-01-48 | 61,371,566 | 64,319,488 | |
30 Yr Pass Thru | 4.000 | 08-01-48 | 38,880,249 | 40,729,596 | |
30 Yr Pass Thru | 4.500 | 11-01-39 | 2,248,458 | 2,414,615 | |
30 Yr Pass Thru | 4.500 | 02-01-41 | 3,766,963 | 4,031,208 | |
30 Yr Pass Thru | 4.500 | 03-01-41 | 2,287,479 | 2,461,523 | |
30 Yr Pass Thru | 4.500 | 09-01-41 | 1,480,498 | 1,579,957 | |
30 Yr Pass Thru | 4.500 | 10-01-41 | 1,810,465 | 1,932,091 | |
30 Yr Pass Thru | 4.500 | 06-01-47 | 21,858,264 | 23,069,170 | |
30 Yr Pass Thru | 5.000 | 03-01-41 | 1,091,768 | 1,174,076 | |
30 Yr Pass Thru | 5.500 | 05-01-38 | 220,855 | 242,013 | |
30 Yr Pass Thru | 5.500 | 11-01-39 | 4,579,832 | 5,007,280 | |
Federal National Mortgage Association | |||||
15 Yr Pass Thru | 3.000 | 09-01-27 | 4,111,892 | 4,177,837 | |
15 Yr Pass Thru | 3.000 | 09-01-32 | 55,670,818 | 56,650,630 | |
15 Yr Pass Thru (B) | 3.500 | 06-01-34 | 5,210,000 | 5,367,772 | |
15 Yr Pass Thru | 4.000 | 12-01-24 | 1,691,155 | 1,750,507 | |
15 Yr Pass Thru | 5.000 | 07-01-19 | 7 | 7 | |
30 Yr Pass Thru | 3.000 | 07-01-42 | 4,739,049 | 4,806,913 | |
30 Yr Pass Thru | 3.000 | 10-01-42 | 9,118,887 | 9,218,125 | |
30 Yr Pass Thru | 3.000 | 10-01-42 | 4,562,546 | 4,612,199 | |
30 Yr Pass Thru | 3.000 | 12-01-42 | 2,172,923 | 2,204,040 | |
30 Yr Pass Thru | 3.000 | 01-01-43 | 1,585,268 | 1,602,520 | |
30 Yr Pass Thru | 3.000 | 03-01-43 | 1,703,035 | 1,729,019 | |
30 Yr Pass Thru | 3.000 | 04-01-43 | 2,721,202 | 2,758,470 | |
30 Yr Pass Thru | 3.000 | 05-01-43 | 2,377,384 | 2,413,657 |
12 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.000 | 06-01-43 | 2,408,583 | $2,436,300 | |
30 Yr Pass Thru | 3.000 | 07-01-43 | 27,434,622 | 27,818,918 | |
30 Yr Pass Thru | 3.000 | 08-01-46 | 60,072,436 | 60,669,869 | |
30 Yr Pass Thru | 3.000 | 08-01-46 | 43,789,655 | 44,225,152 | |
30 Yr Pass Thru | 3.000 | 09-01-46 | 5,829,843 | 5,895,109 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 4,407,196 | 4,456,535 | |
30 Yr Pass Thru | 3.000 | 01-01-47 | 34,668,166 | 34,980,446 | |
30 Yr Pass Thru | 3.000 | 02-01-47 | 18,318,233 | 18,517,585 | |
30 Yr Pass Thru | 3.000 | 10-01-47 | 40,802,870 | 41,170,410 | |
30 Yr Pass Thru | 3.000 | 11-01-47 | 47,926,291 | 48,402,928 | |
30 Yr Pass Thru | 3.500 | 11-01-40 | 3,473,864 | 3,563,316 | |
30 Yr Pass Thru | 3.500 | 06-01-42 | 3,299,327 | 3,409,029 | |
30 Yr Pass Thru | 3.500 | 06-01-42 | 299,374 | 309,328 | |
30 Yr Pass Thru | 3.500 | 08-01-42 | 6,081,684 | 6,283,899 | |
30 Yr Pass Thru | 3.500 | 01-01-43 | 2,766,902 | 2,849,822 | |
30 Yr Pass Thru | 3.500 | 02-01-43 | 858,053 | 889,532 | |
30 Yr Pass Thru | 3.500 | 05-01-43 | 1,567,874 | 1,624,905 | |
30 Yr Pass Thru | 3.500 | 06-01-43 | 20,564,005 | 21,279,888 | |
30 Yr Pass Thru | 3.500 | 07-01-43 | 1,603,125 | 1,661,439 | |
30 Yr Pass Thru | 3.500 | 07-01-43 | 5,931,161 | 6,137,639 | |
30 Yr Pass Thru | 3.500 | 07-01-43 | 6,137,299 | 6,350,953 | |
30 Yr Pass Thru | 3.500 | 01-01-45 | 4,910,536 | 5,090,691 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 16,447,654 | 16,994,537 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 4,351,615 | 4,496,306 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 18,221,456 | 18,827,317 | |
30 Yr Pass Thru | 3.500 | 08-01-45 | 22,457,390 | 23,197,078 | |
30 Yr Pass Thru | 3.500 | 01-01-46 | 42,598,425 | 44,147,938 | |
30 Yr Pass Thru | 3.500 | 02-01-46 | 31,254,519 | 32,088,621 | |
30 Yr Pass Thru | 3.500 | 07-01-46 | 39,441,299 | 40,469,234 | |
30 Yr Pass Thru | 3.500 | 07-01-46 | 11,654,637 | 11,998,447 | |
30 Yr Pass Thru | 3.500 | 08-01-46 | 43,315,673 | 44,715,306 | |
30 Yr Pass Thru | 3.500 | 02-01-47 | 49,203,387 | 50,808,643 | |
30 Yr Pass Thru | 3.500 | 03-01-47 | 54,224,446 | 56,078,239 | |
30 Yr Pass Thru | 3.500 | 05-01-47 | 36,426,750 | 37,694,853 | |
30 Yr Pass Thru | 3.500 | 07-01-47 | 68,399,320 | 70,737,715 | |
30 Yr Pass Thru | 3.500 | 08-01-47 | 53,156,151 | 54,906,976 | |
30 Yr Pass Thru | 3.500 | 09-01-47 | 14,008,836 | 14,365,184 | |
30 Yr Pass Thru | 3.500 | 11-01-47 | 65,421,361 | 67,494,394 | |
30 Yr Pass Thru | 3.500 | 11-01-47 | 9,725,419 | 9,969,770 | |
30 Yr Pass Thru | 3.500 | 12-01-47 | 33,071,327 | 34,005,589 | |
30 Yr Pass Thru | 3.500 | 01-01-48 | 56,296,771 | 57,887,150 | |
30 Yr Pass Thru | 3.500 | 03-01-48 | 10,951,717 | 11,332,973 | |
30 Yr Pass Thru | 3.500 | 03-01-48 | 46,124,877 | 47,197,276 | |
30 Yr Pass Thru | 3.500 | 06-01-48 | 27,403,410 | 28,271,752 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.500 | 03-01-49 | 8,633,548 | $8,877,445 | |
30 Yr Pass Thru (B) | 4.000 | TBA | 40,884,000 | 42,199,786 | |
30 Yr Pass Thru | 4.000 | 09-01-40 | 7,814,211 | 8,181,532 | |
30 Yr Pass Thru | 4.000 | 09-01-40 | 11,740,155 | 12,288,354 | |
30 Yr Pass Thru | 4.000 | 11-01-40 | 2,843,437 | 2,986,872 | |
30 Yr Pass Thru | 4.000 | 12-01-40 | 1,615,345 | 1,690,773 | |
30 Yr Pass Thru | 4.000 | 12-01-40 | 4,625,783 | 4,841,781 | |
30 Yr Pass Thru | 4.000 | 01-01-41 | 4,839,218 | 5,065,182 | |
30 Yr Pass Thru | 4.000 | 01-01-41 | 1,935,784 | 2,037,063 | |
30 Yr Pass Thru | 4.000 | 02-01-41 | 2,096,273 | 2,206,604 | |
30 Yr Pass Thru | 4.000 | 09-01-41 | 9,237,872 | 9,670,672 | |
30 Yr Pass Thru | 4.000 | 09-01-41 | 2,414,702 | 2,552,356 | |
30 Yr Pass Thru | 4.000 | 09-01-41 | 4,048,247 | 4,286,616 | |
30 Yr Pass Thru | 4.000 | 10-01-41 | 2,253,894 | 2,382,382 | |
30 Yr Pass Thru | 4.000 | 10-01-41 | 1,666,293 | 1,744,099 | |
30 Yr Pass Thru | 4.000 | 10-01-41 | 2,855,089 | 3,005,357 | |
30 Yr Pass Thru | 4.000 | 01-01-42 | 3,628,276 | 3,835,113 | |
30 Yr Pass Thru | 4.000 | 03-01-42 | 1,857,293 | 1,955,046 | |
30 Yr Pass Thru | 4.000 | 05-01-42 | 7,119,187 | 7,436,040 | |
30 Yr Pass Thru | 4.000 | 07-01-42 | 447,039 | 472,384 | |
30 Yr Pass Thru | 4.000 | 09-01-43 | 8,736,924 | 9,270,482 | |
30 Yr Pass Thru | 4.000 | 10-01-43 | 9,636,643 | 10,210,089 | |
30 Yr Pass Thru | 4.000 | 10-01-43 | 4,059,070 | 4,287,927 | |
30 Yr Pass Thru | 4.000 | 01-01-44 | 6,606,464 | 7,001,658 | |
30 Yr Pass Thru | 4.000 | 12-01-45 | 22,193,479 | 23,340,755 | |
30 Yr Pass Thru | 4.000 | 02-01-46 | 14,848,092 | 15,443,973 | |
30 Yr Pass Thru | 4.000 | 04-01-46 | 15,042,589 | 15,641,575 | |
30 Yr Pass Thru | 4.000 | 06-01-46 | 10,366,366 | 10,779,148 | |
30 Yr Pass Thru | 4.000 | 07-01-46 | 25,404,296 | 26,415,877 | |
30 Yr Pass Thru | 4.000 | 10-01-46 | 6,164,211 | 6,407,739 | |
30 Yr Pass Thru | 4.000 | 01-01-47 | 18,980,755 | 19,792,311 | |
30 Yr Pass Thru | 4.000 | 03-01-47 | 30,320,777 | 31,765,010 | |
30 Yr Pass Thru | 4.000 | 04-01-47 | 26,294,135 | 27,377,304 | |
30 Yr Pass Thru | 4.000 | 11-01-47 | 9,616,561 | 9,976,647 | |
30 Yr Pass Thru | 4.000 | 12-01-47 | 16,303,707 | 17,121,041 | |
30 Yr Pass Thru | 4.000 | 12-01-47 | 15,732,263 | 16,339,045 | |
30 Yr Pass Thru | 4.000 | 04-01-48 | 84,876,051 | 89,184,088 | |
30 Yr Pass Thru | 4.000 | 07-01-48 | 32,837,742 | 34,088,880 | |
30 Yr Pass Thru | 4.000 | 09-01-48 | 53,524,903 | 56,166,389 | |
30 Yr Pass Thru | 4.000 | 10-01-48 | 53,312,911 | 55,802,320 | |
30 Yr Pass Thru | 4.000 | 10-01-48 | 31,904,912 | 33,389,705 | |
30 Yr Pass Thru | 4.000 | 10-01-48 | 37,339,367 | 39,182,087 | |
30 Yr Pass Thru (B) | 4.000 | 01-01-49 | 27,508,055 | 28,633,495 | |
30 Yr Pass Thru | 4.000 | 02-01-49 | 37,903,935 | 39,454,703 |
14 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 4.500 | 11-01-39 | 4,576,522 | $4,911,386 | |
30 Yr Pass Thru | 4.500 | 08-01-40 | 3,379,199 | 3,626,455 | |
30 Yr Pass Thru | 4.500 | 08-01-40 | 2,103,064 | 2,256,946 | |
30 Yr Pass Thru | 4.500 | 02-01-41 | 7,740,596 | 8,277,949 | |
30 Yr Pass Thru | 4.500 | 05-01-41 | 4,502,386 | 4,831,825 | |
30 Yr Pass Thru | 4.500 | 05-01-41 | 5,131,765 | 5,493,625 | |
30 Yr Pass Thru | 4.500 | 06-01-41 | 6,754,228 | 7,250,546 | |
30 Yr Pass Thru | 4.500 | 07-01-41 | 4,896,703 | 5,256,525 | |
30 Yr Pass Thru | 4.500 | 08-01-41 | 3,351,662 | 3,593,761 | |
30 Yr Pass Thru | 4.500 | 05-01-42 | 7,438,698 | 7,985,312 | |
30 Yr Pass Thru | 4.500 | 11-01-42 | 4,987,837 | 5,355,915 | |
30 Yr Pass Thru | 4.500 | 01-01-43 | 1,494,258 | 1,597,989 | |
30 Yr Pass Thru | 4.500 | 10-01-45 | 16,661,498 | 17,583,836 | |
30 Yr Pass Thru | 4.500 | 05-01-46 | 10,577,010 | 11,122,863 | |
30 Yr Pass Thru | 4.500 | 04-01-48 | 1,839,608 | 1,957,541 | |
30 Yr Pass Thru | 4.500 | 04-01-48 | 17,411,962 | 18,310,550 | |
30 Yr Pass Thru | 4.500 | 05-01-48 | 52,322,976 | 55,677,272 | |
30 Yr Pass Thru | 4.500 | 06-01-48 | 56,937,942 | 60,596,984 | |
30 Yr Pass Thru | 4.500 | 06-01-48 | 46,296,098 | 49,502,737 | |
30 Yr Pass Thru (6 month LIBOR + 2.122%) (C) | 4.872 | 07-01-33 | 401 | 419 | |
30 Yr Pass Thru | 5.000 | 03-01-34 | 1,174,456 | 1,278,401 | |
30 Yr Pass Thru | 5.000 | 12-01-34 | 5,024 | 5,475 | |
30 Yr Pass Thru | 5.000 | 02-01-36 | 1,543,578 | 1,690,181 | |
30 Yr Pass Thru | 5.000 | 11-01-36 | 289,682 | 317,336 | |
30 Yr Pass Thru | 5.000 | 08-01-40 | 3,284,266 | 3,531,306 | |
30 Yr Pass Thru | 5.000 | 09-01-40 | 893,335 | 960,531 | |
30 Yr Pass Thru | 5.000 | 09-01-40 | 2,477,921 | 2,662,760 | |
30 Yr Pass Thru | 5.000 | 02-01-41 | 2,215,773 | 2,381,058 | |
30 Yr Pass Thru | 5.000 | 03-01-41 | 2,010,474 | 2,160,444 | |
30 Yr Pass Thru | 5.000 | 04-01-41 | 1,503,606 | 1,640,200 | |
30 Yr Pass Thru | 5.000 | 07-01-42 | 1,891,962 | 2,033,091 | |
30 Yr Pass Thru | 5.500 | 12-01-34 | 65,821 | 73,091 | |
30 Yr Pass Thru | 6.500 | 01-01-39 | 1,494,889 | 1,724,632 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 134 | 154 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 134 | 154 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 2,315 | 2,663 | |
30 Yr Pass Thru | 7.000 | 01-01-32 | 96 | 110 | |
30 Yr Pass Thru | 7.000 | 05-01-32 | 121 | 140 | |
30 Yr Pass Thru | 7.000 | 06-01-32 | 111 | 127 | |
30 Yr Pass Thru | 7.500 | 09-01-29 | 71 | 81 | |
30 Yr Pass Thru | 7.500 | 12-01-29 | 71 | 81 | |
30 Yr Pass Thru | 7.500 | 12-01-30 | 15 | 17 | |
30 Yr Pass Thru | 7.500 | 01-01-31 | 31 | 36 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 7.500 | 05-01-31 | 352 | $405 | |
30 Yr Pass Thru | 7.500 | 08-01-31 | 154 | 173 | |
Government National Mortgage Association | |||||
30 Yr Pass Thru | 4.000 | 02-15-41 | 2,113,150 | 2,216,505 | |
30 Yr Pass Thru | 5.000 | 04-15-35 | 3,905 | 4,242 | |
30 Yr Pass Thru | 5.000 | 04-15-35 | 1,913 | 2,077 | |
30 Yr Pass Thru | 5.500 | 03-15-35 | 4,498 | 4,989 | |
30 Yr Pass Thru | 6.000 | 03-15-33 | 2,661 | 2,995 | |
30 Yr Pass Thru | 6.000 | 06-15-33 | 1,002 | 1,124 | |
30 Yr Pass Thru | 6.500 | 09-15-28 | 369 | 410 | |
30 Yr Pass Thru | 6.500 | 09-15-29 | 182 | 202 | |
30 Yr Pass Thru | 6.500 | 08-15-31 | 302 | 341 | |
30 Yr Pass Thru | 7.000 | 04-15-29 | 834 | 941 | |
30 Yr Pass Thru | 8.000 | 10-15-26 | 386 | 431 | |
Foreign government obligations 0.5% | $77,558,043 | ||||
(Cost $80,677,511) | |||||
Argentina 0.1% | 16,538,579 | ||||
Provincia de Buenos Aires Bond (D) | 7.875 | 06-15-27 | 7,380,000 | 5,138,399 | |
Republic of Argentina Bond | 5.875 | 01-11-28 | 16,522,000 | 11,400,180 | |
Qatar 0.2% | 33,878,303 | ||||
State of Qatar | |||||
Bond (D) | 3.375 | 03-14-24 | 20,619,000 | 21,082,928 | |
Bond (D) | 5.103 | 04-23-48 | 11,175,000 | 12,795,375 | |
Saudi Arabia 0.2% | 27,141,161 | ||||
Kingdom of Saudi Arabia Bond (D) | 4.375 | 04-16-29 | 25,725,000 | 27,141,161 | |
Corporate bonds 42.1% | $6,754,674,975 | ||||
(Cost $6,673,799,151) | |||||
Communication services 5.2% | 831,815,628 | ||||
Diversified telecommunication services 1.7% | |||||
AT&T, Inc. | 3.400 | 05-15-25 | 31,505,000 | 31,834,906 | |
AT&T, Inc. | 4.350 | 03-01-29 | 24,637,000 | 25,716,231 | |
C&W Senior Financing DAC (D) | 6.875 | 09-15-27 | 15,850,000 | 15,770,750 | |
Cincinnati Bell, Inc. (A)(D) | 7.000 | 07-15-24 | 20,942,000 | 17,957,765 | |
GCI LLC | 6.875 | 04-15-25 | 9,728,000 | 10,044,160 | |
Liquid Telecommunications Financing PLC (D) | 8.500 | 07-13-22 | 12,325,000 | 12,002,011 | |
Radiate Holdco LLC (D) | 6.625 | 02-15-25 | 13,295,000 | 12,995,863 | |
Radiate Holdco LLC (D) | 6.875 | 02-15-23 | 4,594,000 | 4,639,940 | |
Sprint Spectrum Company LLC (D) | 3.360 | 03-20-23 | 7,603,125 | 7,584,117 |
16 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Diversified telecommunication services (continued) | |||||
Telecom Argentina SA (D) | 6.500 | 06-15-21 | 9,120,000 | $8,846,400 | |
Telecom Italia Capital SA | 7.200 | 07-18-36 | 19,655,000 | 19,949,825 | |
Telecom Italia SpA (D) | 5.303 | 05-30-24 | 14,475,000 | 14,311,433 | |
UPC Holding BV (D) | 5.500 | 01-15-28 | 9,461,000 | 9,349,360 | |
UPCB Finance IV, Ltd. (D) | 5.375 | 01-15-25 | 2,120,000 | 2,146,500 | |
Verizon Communications, Inc. | 4.400 | 11-01-34 | 15,249,000 | 16,218,715 | |
Verizon Communications, Inc. | 4.672 | 03-15-55 | 13,390,000 | 14,342,796 | |
Verizon Communications, Inc. | 4.862 | 08-21-46 | 36,429,000 | 40,141,209 | |
West Corp. (D) | 8.500 | 10-15-25 | 4,260,000 | 3,376,050 | |
Entertainment 0.5% | |||||
Activision Blizzard, Inc. | 3.400 | 09-15-26 | 15,088,000 | 15,190,252 | |
Lions Gate Capital Holdings LLC (D) | 5.875 | 11-01-24 | 8,795,000 | 8,838,975 | |
Netflix, Inc. | 4.875 | 04-15-28 | 14,065,000 | 13,892,141 | |
Netflix, Inc. (D) | 5.375 | 11-15-29 | 5,283,000 | 5,362,245 | |
Netflix, Inc. | 5.875 | 11-15-28 | 23,110,000 | 24,265,500 | |
Viacom, Inc. (6.250% to 2-28-27, then 3 month LIBOR + 3.899%) | 6.250 | 02-28-57 | 15,108,000 | 15,372,390 | |
Interactive media and services 0.1% | |||||
Rackspace Hosting, Inc. (A)(D) | 8.625 | 11-15-24 | 14,486,000 | 12,566,605 | |
Media 2.2% | |||||
Altice Financing SA (D) | 6.625 | 02-15-23 | 11,370,000 | 11,556,354 | |
Altice Luxembourg SA (D) | 10.500 | 05-15-27 | 4,417,000 | 4,417,839 | |
Cablevision Systems Corp. | 5.875 | 09-15-22 | 11,355,000 | 11,749,019 | |
CBS Corp. | 3.375 | 03-01-22 | 7,360,000 | 7,468,614 | |
CBS Corp. | 3.700 | 08-15-24 | 12,060,000 | 12,280,808 | |
Cengage Learning, Inc. (A)(D) | 9.500 | 06-15-24 | 16,205,000 | 14,989,625 | |
Charter Communications Operating LLC | 4.200 | 03-15-28 | 31,610,000 | 31,754,098 | |
Charter Communications Operating LLC | 5.750 | 04-01-48 | 34,487,000 | 36,365,742 | |
Charter Communications Operating LLC | 6.484 | 10-23-45 | 29,960,000 | 33,765,844 | |
Clear Channel Worldwide Holdings, Inc. | 6.500 | 11-15-22 | 14,428,000 | 14,716,560 | |
CSC Holdings LLC (D) | 5.375 | 02-01-28 | 7,545,000 | 7,563,863 | |
CSC Holdings LLC (D) | 5.500 | 04-15-27 | 9,225,000 | 9,382,286 | |
CSC Holdings LLC (D) | 7.500 | 04-01-28 | 11,570,000 | 12,322,050 | |
McGraw-Hill Global Education Holdings LLC (A)(D) | 7.875 | 05-15-24 | 10,220,000 | 9,261,875 | |
MDC Partners, Inc. (D) | 6.500 | 05-01-24 | 22,212,000 | 20,323,980 | |
Myriad International Holdings BV (D) | 4.850 | 07-06-27 | 4,575,000 | 4,750,790 | |
Myriad International Holdings BV (D) | 5.500 | 07-21-25 | 19,165,000 | 20,677,617 | |
National CineMedia LLC | 6.000 | 04-15-22 | 5,671,000 | 5,720,621 | |
Sirius XM Radio, Inc. (D) | 5.000 | 08-01-27 | 28,554,000 | 28,125,690 | |
Sirius XM Radio, Inc. (D) | 5.375 | 07-15-26 | 15,345,000 | 15,455,484 | |
Tribune Media Company | 5.875 | 07-15-22 | 14,925,000 | 15,088,429 | |
Warner Media LLC | 3.800 | 02-15-27 | 16,101,000 | 16,428,125 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Media (continued) | |||||
WMG Acquisition Corp. (D) | 4.875 | 11-01-24 | 6,551,000 | $6,600,133 | |
WMG Acquisition Corp. (D) | 5.500 | 04-15-26 | 9,627,000 | 9,699,203 | |
Wireless telecommunication services 0.7% | |||||
CC Holdings GS V LLC | 3.849 | 04-15-23 | 13,741,000 | 14,146,868 | |
Comunicaciones Celulares SA (D) | 6.875 | 02-06-24 | 8,530,000 | 8,785,900 | |
Millicom International Cellular SA (D) | 5.125 | 01-15-28 | 4,100,000 | 4,035,958 | |
Millicom International Cellular SA (A)(D) | 6.250 | 03-25-29 | 7,760,000 | 8,122,082 | |
MTN Mauritius Investments, Ltd. (D) | 4.755 | 11-11-24 | 12,421,000 | 12,230,946 | |
Oztel Holdings SPC, Ltd. (D) | 6.625 | 04-24-28 | 12,450,000 | 12,078,841 | |
Sprint Corp. | 7.875 | 09-15-23 | 14,610,000 | 15,693,624 | |
Telefonica Celular del Paraguay SA (A)(D) | 5.875 | 04-15-27 | 6,691,000 | 6,883,366 | |
Vodafone Group PLC (7.000% to 1-4-29, then 5 Year U.S. Swap Rate + 4.873%) | 7.000 | 04-04-79 | 25,724,000 | 26,657,255 | |
Consumer discretionary 3.4% | 540,129,932 | ||||
Auto components 0.1% | |||||
Lear Corp. | 5.250 | 01-15-25 | 14,147,000 | 14,639,652 | |
Automobiles 1.4% | |||||
Daimler Finance North America LLC (D) | 3.750 | 11-05-21 | 24,636,000 | 25,147,562 | |
Ford Motor Credit Company LLC | 3.336 | 03-18-21 | 14,190,000 | 14,128,642 | |
Ford Motor Credit Company LLC | 3.813 | 10-12-21 | 35,950,000 | 36,076,129 | |
Ford Motor Credit Company LLC | 5.875 | 08-02-21 | 35,590,000 | 37,222,371 | |
General Motors Company | 4.875 | 10-02-23 | 27,474,000 | 28,628,362 | |
General Motors Financial Company, Inc. | 3.550 | 04-09-21 | 15,705,000 | 15,837,232 | |
General Motors Financial Company, Inc. | 4.000 | 01-15-25 | 22,994,000 | 22,746,751 | |
General Motors Financial Company, Inc. | 4.300 | 07-13-25 | 18,937,000 | 19,123,084 | |
JB Poindexter & Company, Inc. (D) | 7.125 | 04-15-26 | 4,032,000 | 4,112,640 | |
Mclaren Finance PLC (D) | 5.750 | 08-01-22 | 3,425,000 | 3,280,009 | |
Nissan Motor Acceptance Corp. (D) | 3.650 | 09-21-21 | 11,470,000 | 11,646,933 | |
Diversified consumer services 0.1% | |||||
Graham Holdings Company (D) | 5.750 | 06-01-26 | 4,640,000 | 4,848,800 | |
Laureate Education, Inc. (D) | 8.250 | 05-01-25 | 8,575,000 | 9,239,563 | |
Hotels, restaurants and leisure 0.6% | |||||
CCM Merger, Inc. (D) | 6.000 | 03-15-22 | 10,710,000 | 10,977,750 | |
Eldorado Resorts, Inc. | 6.000 | 09-15-26 | 6,670,000 | 6,859,028 | |
Eldorado Resorts, Inc. | 7.000 | 08-01-23 | 4,535,000 | 4,693,725 | |
GLP Capital LP | 5.375 | 04-15-26 | 13,037,000 | 13,782,716 | |
Hilton Domestic Operating Company, Inc. | 5.125 | 05-01-26 | 7,593,000 | 7,638,178 | |
Hilton Grand Vacations Borrower LLC | 6.125 | 12-01-24 | 6,962,000 | 7,249,183 | |
International Game Technology PLC (D) | 6.500 | 02-15-25 | 8,380,000 | 8,840,900 | |
Jacobs Entertainment, Inc. (D) | 7.875 | 02-01-24 | 8,275,000 | 8,829,508 | |
Resorts World Las Vegas LLC (D) | 4.625 | 04-16-29 | 16,000,000 | 16,109,805 | |
Twin River Worldwide Holdings, Inc. (D) | 6.750 | 06-01-27 | 9,782,000 | 9,927,263 |
18 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Waterford Gaming LLC (D)(E)(F) | 8.625 | 09-15-14 | 440,015 | $0 | |
Wyndham Destinations, Inc. | 5.400 | 04-01-24 | 8,934,000 | 9,123,848 | |
Internet and direct marketing retail 1.0% | |||||
Amazon.com, Inc. | 3.150 | 08-22-27 | 33,906,000 | 34,853,507 | |
Amazon.com, Inc. | 4.050 | 08-22-47 | 17,657,000 | 19,202,078 | |
Expedia Group, Inc. | 3.800 | 02-15-28 | 33,160,000 | 33,169,631 | |
Expedia Group, Inc. | 5.000 | 02-15-26 | 29,142,000 | 31,425,705 | |
QVC, Inc. | 4.375 | 03-15-23 | 16,878,000 | 16,932,647 | |
QVC, Inc. | 5.125 | 07-02-22 | 8,809,000 | 9,129,954 | |
QVC, Inc. | 5.450 | 08-15-34 | 10,129,000 | 10,004,695 | |
Multiline retail 0.2% | |||||
Dollar Tree, Inc. | 4.200 | 05-15-28 | 34,340,000 | 34,702,081 | |
Consumer staples 0.8% | 125,318,814 | ||||
Beverages 0.4% | |||||
Anheuser-Busch InBev Worldwide, Inc. | 4.600 | 04-15-48 | 17,105,000 | 17,035,826 | |
Constellation Brands, Inc. | 3.200 | 02-15-23 | 15,867,000 | 16,044,518 | |
Keurig Dr. Pepper, Inc. (D) | 3.551 | 05-25-21 | 28,790,000 | 29,235,418 | |
Food and staples retailing 0.2% | |||||
Alimentation Couche-Tard, Inc. (D) | 2.700 | 07-26-22 | 13,120,000 | 13,078,352 | |
Simmons Foods, Inc. (A)(D) | 5.750 | 11-01-24 | 9,570,000 | 8,565,150 | |
Food products 0.1% | |||||
Conagra Brands, Inc. | 3.800 | 10-22-21 | 9,003,000 | 9,207,009 | |
Kraft Heinz Foods Company (D) | 4.875 | 02-15-25 | 11,657,000 | 12,023,241 | |
Personal products 0.1% | |||||
Natura Cosmeticos SA (A)(D) | 5.375 | 02-01-23 | 19,930,000 | 20,129,300 | |
Energy 5.9% | 955,298,013 | ||||
Energy equipment and services 0.3% | |||||
Archrock Partners LP | 6.000 | 10-01-22 | 14,483,000 | 14,483,000 | |
CSI Compressco LP | 7.250 | 08-15-22 | 22,194,000 | 20,030,085 | |
CSI Compressco LP (D) | 7.500 | 04-01-25 | 16,308,000 | 15,941,070 | |
Inkia Energy, Ltd. (D) | 5.875 | 11-09-27 | 4,600,000 | 4,605,796 | |
Oil, gas and consumable fuels 5.6% | |||||
Andeavor Logistics LP | 4.250 | 12-01-27 | 7,928,000 | 8,133,737 | |
Andeavor Logistics LP | 5.250 | 01-15-25 | 5,092,000 | 5,350,466 | |
Andeavor Logistics LP | 6.375 | 05-01-24 | 12,574,000 | 13,156,176 | |
Andeavor Logistics LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) (G) | 6.875 | 02-15-23 | 44,233,000 | 44,069,338 | |
Antero Midstream Partners LP | 5.375 | 09-15-24 | 13,507,000 | 13,332,084 | |
Cenovus Energy, Inc. | 4.450 | 09-15-42 | 18,740,000 | 16,468,117 | |
Cheniere Corpus Christi Holdings LLC | 5.125 | 06-30-27 | 29,105,000 | 30,124,257 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Chesapeake Energy Corp. (A) | 7.500 | 10-01-26 | 8,772,000 | $7,697,430 | |
Cimarex Energy Company | 4.375 | 06-01-24 | 9,814,000 | 10,268,239 | |
Colorado Interstate Gas Company LLC (D) | 4.150 | 08-15-26 | 9,460,000 | 9,671,365 | |
Columbia Pipeline Group, Inc. | 4.500 | 06-01-25 | 11,290,000 | 12,064,453 | |
Continental Resources, Inc. | 5.000 | 09-15-22 | 29,421,000 | 29,644,071 | |
DCP Midstream LP (7.375% to 12-15-22, then 3 month LIBOR + 5.148%) (G) | 7.375 | 12-15-22 | 27,119,000 | 26,441,025 | |
DCP Midstream Operating LP | 5.125 | 05-15-29 | 5,850,000 | 5,901,188 | |
DCP Midstream Operating LP (5.850% to 5-21-23, then 3 month LIBOR + 3.850%) (D) | 5.850 | 05-21-43 | 27,625,000 | 25,622,188 | |
Diamondback Energy, Inc. (D) | 4.750 | 11-01-24 | 10,922,000 | 11,113,135 | |
Enable Midstream Partners LP | 3.900 | 05-15-24 | 19,092,000 | 19,097,229 | |
Enable Midstream Partners LP | 4.950 | 05-15-28 | 24,970,000 | 25,508,882 | |
Enbridge Energy Partners LP | 4.375 | 10-15-20 | 22,942,000 | 23,410,906 | |
Enbridge, Inc. (5.500% to 7-15-27, then 3 month LIBOR + 3.418%) | 5.500 | 07-15-77 | 20,627,000 | 19,595,650 | |
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) | 6.250 | 03-01-78 | 15,962,000 | 15,762,475 | |
Energy Transfer Operating LP | 4.200 | 04-15-27 | 5,302,000 | 5,388,082 | |
Energy Transfer Operating LP | 4.250 | 03-15-23 | 24,548,000 | 25,256,615 | |
Energy Transfer Operating LP | 5.150 | 03-15-45 | 15,940,000 | 15,465,202 | |
Energy Transfer Operating LP | 5.875 | 01-15-24 | 9,565,000 | 10,449,638 | |
Energy Transfer Partners LP | 5.875 | 03-01-22 | 1,450,000 | 1,547,515 | |
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) | 5.250 | 08-16-77 | 30,107,000 | 27,547,905 | |
Husky Energy, Inc. | 3.950 | 04-15-22 | 17,036,000 | 17,419,902 | |
Kinder Morgan Energy Partners LP | 7.750 | 03-15-32 | 9,445,000 | 12,439,367 | |
Kinder Morgan, Inc. | 3.150 | 01-15-23 | 10,087,000 | 10,129,518 | |
MPLX LP | 4.000 | 03-15-28 | 15,790,000 | 15,820,847 | |
MPLX LP | 4.800 | 02-15-29 | 8,470,000 | 8,991,919 | |
Murphy Oil Corp. | 5.750 | 08-15-25 | 9,531,000 | 9,553,368 | |
Newfield Exploration Company | 5.625 | 07-01-24 | 7,612,000 | 8,350,516 | |
Newfield Exploration Company | 5.750 | 01-30-22 | 9,097,000 | 9,721,754 | |
Nostrum Oil & Gas Finance BV (D) | 7.000 | 02-16-25 | 7,218,000 | 4,751,133 | |
ONEOK Partners LP | 5.000 | 09-15-23 | 6,508,000 | 6,957,900 | |
Parsley Energy LLC (D) | 5.625 | 10-15-27 | 13,410,000 | 13,275,900 | |
Petrobras Global Finance BV | 5.750 | 02-01-29 | 9,183,000 | 9,257,290 | |
Petrobras Global Finance BV | 6.900 | 03-19-49 | 10,625,000 | 10,614,375 | |
Petrobras Global Finance BV | 7.375 | 01-17-27 | 26,243,000 | 29,478,762 | |
Petroleos Mexicanos | 4.875 | 01-24-22 | 16,153,000 | 16,361,374 | |
Petroleos Mexicanos | 5.375 | 03-13-22 | 4,020,000 | 4,134,530 | |
Sabine Pass Liquefaction LLC | 4.200 | 03-15-28 | 13,415,000 | 13,558,072 |
20 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Sabine Pass Liquefaction LLC | 5.000 | 03-15-27 | 14,414,000 | $15,385,626 | |
Sabine Pass Liquefaction LLC | 5.750 | 05-15-24 | 23,305,000 | 25,544,298 | |
Sabine Pass Liquefaction LLC | 5.875 | 06-30-26 | 8,155,000 | 9,063,069 | |
SM Energy Company (A) | 6.625 | 01-15-27 | 3,205,000 | 2,820,400 | |
Sunoco Logistics Partners Operations LP | 3.900 | 07-15-26 | 24,114,000 | 23,980,867 | |
Sunoco Logistics Partners Operations LP | 4.400 | 04-01-21 | 14,214,000 | 14,601,814 | |
Sunoco Logistics Partners Operations LP | 5.400 | 10-01-47 | 13,541,000 | 13,674,437 | |
Tallgrass Energy Partners LP (D) | 4.750 | 10-01-23 | 12,655,000 | 12,718,528 | |
Targa Resources Partners LP | 5.875 | 04-15-26 | 13,270,000 | 13,717,863 | |
Teekay Offshore Partners LP (A)(D) | 8.500 | 07-15-23 | 13,405,000 | 13,388,914 | |
The Williams Companies, Inc. | 3.700 | 01-15-23 | 15,706,000 | 16,015,186 | |
The Williams Companies, Inc. | 3.750 | 06-15-27 | 18,140,000 | 18,366,693 | |
The Williams Companies, Inc. | 4.550 | 06-24-24 | 24,645,000 | 26,148,961 | |
The Williams Companies, Inc. | 5.750 | 06-24-44 | 16,185,000 | 17,670,323 | |
WPX Energy, Inc. | 5.250 | 09-15-24 | 5,040,000 | 4,951,800 | |
YPF SA (D) | 8.500 | 07-28-25 | 14,190,000 | 13,285,388 | |
Financials 12.5% | 1,997,783,255 | ||||
Banks 7.3% | |||||
Australia & New Zealand Banking Group, Ltd. (6.750% to 6-15-26, then 5 Year U.S. ISDAFIX + 5.168%) (D)(G) | 6.750 | 06-15-26 | 10,920,000 | 11,725,350 | |
Banco Santander SA | 4.379 | 04-12-28 | 17,655,000 | 18,114,283 | |
Bank of America Corp. | 3.950 | 04-21-25 | 21,798,000 | 22,331,054 | |
Bank of America Corp. | 4.200 | 08-26-24 | 9,262,000 | 9,700,713 | |
Bank of America Corp. | 4.450 | 03-03-26 | 26,532,000 | 27,973,410 | |
Bank of America Corp. (6.300% to 3-10-26, then 3 month LIBOR + 4.553%) (G) | 6.300 | 03-10-26 | 30,505,000 | 33,402,975 | |
Barclays Bank PLC (D) | 10.179 | 06-12-21 | 8,040,000 | 9,069,921 | |
Barclays PLC | 4.375 | 01-12-26 | 13,125,000 | 13,274,192 | |
Barclays PLC (7.750% to 9-15-23, then 5 Year U.S. Swap Rate + 4.842%) (G) | 7.750 | 09-15-23 | 15,814,000 | 15,853,535 | |
BPCE SA (D) | 4.500 | 03-15-25 | 18,276,000 | 18,771,261 | |
BPCE SA (D) | 5.700 | 10-22-23 | 15,370,000 | 16,568,307 | |
Canadian Imperial Bank of Commerce | 2.700 | 02-02-21 | 43,070,000 | 43,227,763 | |
Citigroup, Inc. | 2.350 | 08-02-21 | 28,570,000 | 28,418,016 | |
Citigroup, Inc. | 4.600 | 03-09-26 | 34,083,000 | 35,989,223 | |
Citigroup, Inc. | 5.500 | 09-13-25 | 9,641,000 | 10,707,029 | |
Citigroup, Inc. (6.250% to 8-15-26, then 3 month LIBOR + 4.517%) (G) | 6.250 | 08-15-26 | 24,848,000 | 26,557,542 | |
Cooperatieve Rabobank UA (11.000% to 6-30-19, then 3 month LIBOR + 10.868%) (D)(G) | 11.000 | 06-30-19 | 11,794,000 | 11,852,970 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + 4.898%) (D)(G) | 7.875 | 01-23-24 | 15,155,000 | $16,163,020 | |
Danske Bank A/S (D) | 5.000 | 01-12-22 | 15,789,000 | 16,346,771 | |
Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + 3.033%) (G) | 5.100 | 06-30-23 | 12,369,000 | 12,077,710 | |
Freedom Mortgage Corp. (D) | 8.125 | 11-15-24 | 14,459,000 | 12,109,413 | |
Freedom Mortgage Corp. (D) | 8.250 | 04-15-25 | 5,630,000 | 4,686,975 | |
HSBC Holdings PLC (3.950% to 5-18-23, then 3 month LIBOR + 0.987%) | 3.950 | 05-18-24 | 28,195,000 | 29,055,905 | |
HSBC Holdings PLC (6.375% to 9-17-24, then 5 Year U.S. ISDAFIX + 3.705%) (G) | 6.375 | 09-17-24 | 6,870,000 | 6,878,588 | |
HSBC Holdings PLC (6.875% to 6-1-21, then 5 Year U.S. ISDAFIX + 5.514%) (A)(G) | 6.875 | 06-01-21 | 17,805,000 | 18,494,944 | |
ING Bank NV (D) | 5.800 | 09-25-23 | 15,659,000 | 17,067,458 | |
ING Groep NV | 3.550 | 04-09-24 | 15,577,000 | 15,796,632 | |
ING Groep NV (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%) (G) | 6.500 | 04-16-25 | 7,180,000 | 7,132,612 | |
JPMorgan Chase & Co. | 2.400 | 06-07-21 | 34,680,000 | 34,554,896 | |
JPMorgan Chase & Co. | 3.200 | 06-15-26 | 23,183,000 | 23,402,545 | |
JPMorgan Chase & Co. (3.514% to 6-18-21, then 3 month LIBOR + 0.610%) | 3.514 | 06-18-22 | 38,705,000 | 39,327,873 | |
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) (G) | 6.750 | 02-01-24 | 25,280,000 | 27,775,642 | |
Lloyds Banking Group PLC | 4.450 | 05-08-25 | 42,450,000 | 44,235,873 | |
Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%) (G) | 7.500 | 06-27-24 | 18,190,000 | 18,644,750 | |
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) (G) | 5.125 | 11-01-26 | 12,827,000 | 13,188,978 | |
Manufacturers & Traders Trust Company (3 month LIBOR + 0.640%) (C) | 3.266 | 12-01-21 | 9,230,000 | 9,223,471 | |
Mitsubishi UFJ Financial Group, Inc. | 3.218 | 03-07-22 | 38,635,000 | 39,287,466 | |
PNC Bank NA | 2.450 | 07-28-22 | 26,527,000 | 26,589,233 | |
Regions Bank (3.374% to 8-13-20, then 3 month LIBOR + 0.500%) | 3.374 | 08-13-21 | 28,720,000 | 28,927,687 | |
Regions Financial Corp. | 2.750 | 08-14-22 | 28,185,000 | 28,237,285 | |
Regions Financial Corp. | 3.800 | 08-14-23 | 11,020,000 | 11,442,966 | |
Santander Holdings USA, Inc. | 3.400 | 01-18-23 | 14,807,000 | 14,924,364 | |
Santander Holdings USA, Inc. | 3.700 | 03-28-22 | 26,295,000 | 26,722,228 | |
Santander Holdings USA, Inc. | 4.450 | 12-03-21 | 17,814,000 | 18,411,840 | |
Santander UK Group Holdings PLC (D) | 4.750 | 09-15-25 | 14,920,000 | 15,032,989 |
22 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Societe Generale SA (7.375% to 9-13-21, then 5 Year U.S. Swap Rate + 6.238%) (D)(G) | 7.375 | 09-13-21 | 17,145,000 | $17,584,255 | |
SunTrust Bank | 2.450 | 08-01-22 | 18,915,000 | 18,841,297 | |
The PNC Financial Services Group, Inc. | 3.500 | 01-23-24 | 13,393,000 | 13,876,718 | |
The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) (G) | 4.850 | 06-01-23 | 13,034,000 | 13,034,000 | |
The PNC Financial Services Group, Inc. (6.750% to 8-1-21, then 3 month LIBOR + 3.678%) (G) | 6.750 | 08-01-21 | 32,213,000 | 34,105,514 | |
The Royal Bank of Scotland Group PLC | 3.875 | 09-12-23 | 20,565,000 | 20,698,164 | |
The Royal Bank of Scotland Group PLC (8.625% to 8-15-21, then 5 Year U.S. Swap Rate + 7.598%) (G) | 8.625 | 08-15-21 | 35,211,000 | 37,147,605 | |
The Toronto-Dominion Bank | 3.250 | 03-11-24 | 21,454,000 | 22,038,506 | |
Wells Fargo & Company (3 month LIBOR + 3.770%) (C)(G) | 6.381 | 09-15-19 | 14,592,000 | 14,654,746 | |
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) (G) | 5.875 | 06-15-25 | 45,771,000 | 48,521,379 | |
Capital markets 1.4% | |||||
Ares Capital Corp. | 3.625 | 01-19-22 | 15,711,000 | 15,785,219 | |
Cantor Fitzgerald LP (D) | 4.875 | 05-01-24 | 22,825,000 | 23,104,402 | |
Credit Suisse Group AG (7.500% to 12-11-23, then 5 Year U.S. Swap Rate + 4.598%) (D)(G) | 7.500 | 12-11-23 | 10,145,000 | 10,753,700 | |
Credit Suisse Group AG (7.500% to 7-17-23, then 5 Year U.S. Swap Rate + 4.600%) (D)(G) | 7.500 | 07-17-23 | 16,530,000 | 17,170,538 | |
FS KKR Capital Corp. | 4.250 | 01-15-20 | 8,205,000 | 8,235,167 | |
Lazard Group LLC | 4.375 | 03-11-29 | 13,040,000 | 13,523,766 | |
Macquarie Bank, Ltd. (D) | 4.875 | 06-10-25 | 17,725,000 | 18,764,191 | |
Morgan Stanley | 3.875 | 01-27-26 | 15,441,000 | 16,043,823 | |
Stifel Financial Corp. | 4.250 | 07-18-24 | 12,363,000 | 12,817,445 | |
The Goldman Sachs Group, Inc. | 3.850 | 01-26-27 | 43,076,000 | 44,014,518 | |
UBS Group Funding Switzerland AG (2.859% to 8-15-22, then 3 month LIBOR + 0.954%) (D) | 2.859 | 08-15-23 | 27,575,000 | 27,417,699 | |
UBS Group Funding Switzerland AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) (D)(G) | 7.000 | 01-31-24 | 16,228,000 | 16,674,270 | |
Consumer finance 1.2% | |||||
Ally Financial, Inc. | 5.125 | 09-30-24 | 27,088,000 | 28,340,820 | |
American Express Company | 2.500 | 08-01-22 | 28,420,000 | 28,288,843 | |
Capital One Financial Corp. | 3.450 | 04-30-21 | 27,725,000 | 28,111,143 | |
Capital One Financial Corp. | 3.500 | 06-15-23 | 13,040,000 | 13,406,807 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 23 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Consumer finance (continued) | |||||
Capital One Financial Corp. | 3.900 | 01-29-24 | 12,900,000 | $13,392,880 | |
Credit Acceptance Corp. | 6.125 | 02-15-21 | 11,504,000 | 11,532,760 | |
Credito Real SAB de CV (A)(D) | 7.250 | 07-20-23 | 6,865,000 | 7,143,033 | |
Credito Real SAB de CV (9.125% to 11-29-22, then 10 Year CMT + 7.026%) (D)(G) | 9.125 | 11-29-22 | 9,375,000 | 9,316,500 | |
Discover Financial Services | 3.950 | 11-06-24 | 25,108,000 | 25,982,084 | |
Discover Financial Services | 4.100 | 02-09-27 | 6,489,000 | 6,566,560 | |
Discover Financial Services | 5.200 | 04-27-22 | 2,815,000 | 2,996,276 | |
Enova International, Inc. (D) | 8.500 | 09-01-24 | 3,051,000 | 2,883,195 | |
Enova International, Inc. (D) | 8.500 | 09-15-25 | 15,597,000 | 14,466,218 | |
Springleaf Finance Corp. | 6.875 | 03-15-25 | 5,750,000 | 5,992,650 | |
Diversified financial services 0.7% | |||||
ASP AMC Merger Sub, Inc. (D) | 8.000 | 05-15-25 | 11,796,000 | 8,257,200 | |
Doric Nimrod Air Alpha 2013-1 Class B Pass Through Trust (D) | 6.125 | 11-30-21 | 259,725 | 260,686 | |
Gogo Intermediate Holdings LLC (D) | 9.875 | 05-01-24 | 10,941,000 | 11,132,468 | |
Jefferies Financial Group, Inc. | 5.500 | 10-18-23 | 15,716,000 | 16,691,138 | |
Jefferies Group LLC | 4.150 | 01-23-30 | 19,720,000 | 18,306,680 | |
Jefferies Group LLC | 4.850 | 01-15-27 | 18,665,000 | 18,918,094 | |
Refinitiv US Holdings, Inc. (D) | 6.250 | 05-15-26 | 2,370,000 | 2,388,770 | |
Refinitiv US Holdings, Inc. (D) | 8.250 | 11-15-26 | 3,750,000 | 3,731,250 | |
Trident Merger Sub, Inc. (D) | 6.625 | 11-01-25 | 4,032,000 | 3,689,280 | |
Voya Financial, Inc. (5.650% to 5-15-23, then 3 month LIBOR + 3.580%) | 5.650 | 05-15-53 | 28,092,000 | 28,443,150 | |
Insurance 1.5% | |||||
Aquarius & Investments PLC (6.375% to 9-1-19, then 5 Year U.S. Swap Rate + 5.210%) | 6.375 | 09-01-24 | 15,355,000 | 15,440,067 | |
AXA SA | 8.600 | 12-15-30 | 6,924,000 | 9,416,640 | |
Brighthouse Financial, Inc. | 3.700 | 06-22-27 | 30,150,000 | 28,103,753 | |
CNO Financial Group, Inc. | 5.250 | 05-30-25 | 16,340,000 | 16,911,900 | |
CNO Financial Group, Inc. (B) | 5.250 | 05-30-29 | 7,570,000 | 7,627,683 | |
Liberty Mutual Group, Inc. (7.800% to 3-15-37, then 3 month LIBOR + 3.576%) (D) | 7.800 | 03-07-87 | 23,631,000 | 29,302,440 | |
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) | 6.400 | 12-15-66 | 12,313,000 | 13,605,865 | |
MetLife, Inc. (9.250% to 4-8-38, then 3 month LIBOR + 5.540%) (D) | 9.250 | 04-08-68 | 5,570,000 | 7,630,900 | |
Nationstar Mortgage Holdings, Inc. (D) | 8.125 | 07-15-23 | 8,821,000 | 8,798,948 | |
Nationstar Mortgage Holdings, Inc. (D) | 9.125 | 07-15-26 | 7,037,000 | 6,891,756 | |
Nationwide Building Society (3.622% to 4-26-22, then 3 month LIBOR + 1.181%) (D) | 3.622 | 04-26-23 | 15,730,000 | 15,886,289 |
24 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Insurance (continued) | |||||
Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. ISDAFIX + 3.650%) (D) | 5.100 | 10-16-44 | 15,310,000 | $16,209,463 | |
Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) | 5.875 | 09-15-42 | 35,426,000 | 37,108,735 | |
Teachers Insurance & Annuity Association of America (D) | 4.270 | 05-15-47 | 17,920,000 | 19,127,327 | |
Thrifts and mortgage finance 0.4% | |||||
Ladder Capital Finance Holdings LLLP (D) | 5.250 | 03-15-22 | 3,350,000 | 3,345,578 | |
Ladder Capital Finance Holdings LLLP (D) | 5.250 | 10-01-25 | 7,640,000 | 7,468,100 | |
MGIC Investment Corp. | 5.750 | 08-15-23 | 7,286,000 | 7,732,268 | |
Quicken Loans, Inc. (D) | 5.250 | 01-15-28 | 12,615,000 | 11,728,166 | |
Quicken Loans, Inc. (D) | 5.750 | 05-01-25 | 15,895,000 | 15,699,492 | |
Radian Group, Inc. | 4.500 | 10-01-24 | 7,901,000 | 7,861,495 | |
Radian Group, Inc. | 5.250 | 06-15-20 | 5,191,000 | 5,268,865 | |
Stearns Holdings LLC (A)(D) | 9.375 | 08-15-20 | 2,428,000 | 2,294,460 | |
Health care 2.4% | 383,299,198 | ||||
Biotechnology 0.3% | |||||
Celgene Corp. | 3.250 | 02-20-23 | 14,376,000 | 14,660,938 | |
Shire Acquisitions Investments Ireland DAC | 3.200 | 09-23-26 | 25,794,000 | 25,387,817 | |
Health care equipment and supplies 0.1% | |||||
Boston Scientific Corp. | 3.450 | 03-01-24 | 14,931,000 | 15,347,501 | |
Health care providers and services 1.3% | |||||
Centene Corp. (D) | 5.375 | 06-01-26 | 14,160,000 | 14,686,752 | |
CVS Health Corp. | 3.350 | 03-09-21 | 37,578,000 | 37,957,059 | |
CVS Health Corp. | 5.050 | 03-25-48 | 16,379,000 | 16,648,760 | |
DaVita, Inc. | 5.000 | 05-01-25 | 24,471,000 | 23,125,095 | |
HCA, Inc. | 5.250 | 04-15-25 | 15,959,000 | 17,182,063 | |
HCA, Inc. | 5.250 | 06-15-26 | 16,763,000 | 18,074,389 | |
HCA, Inc. | 7.500 | 02-15-22 | 12,475,000 | 13,660,125 | |
MEDNAX, Inc. (D) | 5.250 | 12-01-23 | 13,741,000 | 13,706,648 | |
MEDNAX, Inc. (A)(D) | 6.250 | 01-15-27 | 12,515,000 | 12,546,288 | |
Select Medical Corp. | 6.375 | 06-01-21 | 15,173,000 | 15,184,380 | |
Team Health Holdings, Inc. (A)(D) | 6.375 | 02-01-25 | 3,197,000 | 2,635,527 | |
Universal Health Services, Inc. (D) | 4.750 | 08-01-22 | 13,495,000 | 13,545,606 | |
Universal Health Services, Inc. (D) | 5.000 | 06-01-26 | 13,066,000 | 13,261,990 | |
Life sciences tools and services 0.0% | |||||
IQVIA, Inc. (D) | 4.875 | 05-15-23 | 7,345,000 | 7,427,631 | |
Pharmaceuticals 0.7% | |||||
Bausch Health Companies, Inc. (D) | 6.125 | 04-15-25 | 21,865,000 | 21,383,970 | |
Bayer US Finance II LLC (D) | 3.500 | 06-25-21 | 11,645,000 | 11,743,389 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 25 |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care (continued) | |||||
Pharmaceuticals (continued) | |||||
Bristol-Myers Squibb Company (D) | 2.900 | 07-26-24 | 37,440,000 | $37,929,906 | |
GlaxoSmithKline Capital PLC | 3.000 | 06-01-24 | 25,229,000 | 25,604,995 | |
Teva Pharmaceutical Finance Netherlands III BV (A) | 6.750 | 03-01-28 | 12,905,000 | 11,598,369 | |
Industrials 4.5% | 723,598,736 | ||||
Aerospace and defense 0.3% | |||||
Arconic, Inc. (A) | 5.125 | 10-01-24 | 17,493,000 | 17,776,736 | |
Huntington Ingalls Industries, Inc. (D) | 5.000 | 11-15-25 | 24,665,000 | 25,404,950 | |
Kratos Defense & Security Solutions, Inc. (D) | 6.500 | 11-30-25 | 11,995,000 | 12,654,725 | |
Air freight and logistics 0.1% | |||||
XPO Logistics, Inc. (D) | 6.500 | 06-15-22 | 11,266,000 | 11,426,541 | |
Airlines 2.1% | |||||
Air Canada 2013-1 Class A Pass Through Trust (D) | 4.125 | 11-15-26 | 11,068,906 | 11,483,990 | |
Air Canada 2017-1 Class B Pass Through Trust (D) | 3.700 | 07-15-27 | 14,337,202 | 13,885,581 | |
America West Airlines 2000-1 Pass Through Trust | 8.057 | 01-02-22 | 482,857 | 502,364 | |
American Airlines 2000-1 Pass Through Trust | 6.977 | 11-23-22 | 2,010,597 | 2,047,994 | |
American Airlines 2013-2 Class A Pass Through Trust | 4.950 | 07-15-24 | 15,441,895 | 16,020,966 | |
American Airlines 2015-1 Class A Pass Through Trust | 3.375 | 11-01-28 | 20,123,327 | 20,085,092 | |
American Airlines 2015-1 Class B Pass Through Trust | 3.700 | 11-01-24 | 7,165,988 | 7,267,029 | |
American Airlines 2016-1 Class A Pass Through Trust (A) | 4.100 | 07-15-29 | 20,118,333 | 20,560,936 | |
American Airlines 2017-1 Class A Pass Through Trust | 4.000 | 08-15-30 | 8,005,500 | 8,131,987 | |
American Airlines 2017-1 Class AA Pass Through Trust | 3.650 | 08-15-30 | 14,350,500 | 14,554,277 | |
American Airlines 2017-2 Class A Pass Through Trust | 3.600 | 04-15-31 | 7,146,104 | 6,927,433 | |
Azul Investments LLP (A)(D) | 5.875 | 10-26-24 | 13,760,000 | 13,054,800 | |
British Airways 2013-1 Class A Pass Through Trust (D) | 4.625 | 06-20-24 | 12,369,885 | 12,750,877 | |
British Airways 2013-1 Class B Pass Through Trust (D) | 5.625 | 12-20-21 | 959,526 | 969,217 | |
British Airways 2018-1 Class A Pass Through Trust (D) | 4.125 | 03-20-33 | 7,893,474 | 8,035,556 | |
Continental Airlines 2007-1 Class A Pass Through Trust | 5.983 | 10-19-23 | 8,050,606 | 8,466,017 | |
Continental Airlines 2012-1 Class B Pass Through Trust | 6.250 | 10-11-21 | 848,428 | 860,476 |
26 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Airlines (continued) | |||||
Delta Air Lines 2002-1 Class G-1 Pass Through Trust | 6.718 | 07-02-24 | 5,031,054 | $5,439,073 | |
Delta Air Lines, Inc. | 3.625 | 03-15-22 | 26,500,000 | 26,822,746 | |
Delta Air Lines, Inc. | 3.800 | 04-19-23 | 18,598,000 | 18,999,649 | |
Delta Air Lines, Inc. | 4.375 | 04-19-28 | 22,850,000 | 22,950,701 | |
Northwest Airlines 2007-1 Class A Pass Through Trust | 7.027 | 05-01-21 | 3,500,092 | 3,548,393 | |
United Airlines 2014-2 Class A Pass Through Trust | 3.750 | 03-03-28 | 20,399,911 | 20,877,269 | |
United Airlines 2014-2 Class B Pass Through Trust | 4.625 | 03-03-24 | 10,635,497 | 10,866,288 | |
United Airlines 2016-1 Class A Pass Through Trust | 3.450 | 01-07-30 | 14,134,180 | 13,980,117 | |
United Airlines 2016-1 Class B Pass Through Trust | 3.650 | 01-07-26 | 24,426,910 | 24,172,870 | |
United Airlines 2018-1 Class B Pass Through Trust | 4.600 | 03-01-26 | 5,081,907 | 5,137,808 | |
United Airlines 2019-1 Class A Pass Through Trust | 4.550 | 02-25-33 | 12,225,000 | 12,978,763 | |
US Airways 2010-1 Class A Pass Through Trust | 6.250 | 10-22-24 | 4,013,274 | 4,294,203 | |
US Airways 2012-1 Class A Pass Through Trust | 5.900 | 04-01-26 | 4,516,790 | 4,926,463 | |
Building products 0.1% | |||||
Masco Corp. | 4.450 | 04-01-25 | 7,870,000 | 8,241,736 | |
Owens Corning | 4.200 | 12-15-22 | 8,243,000 | 8,527,445 | |
Commercial services and supplies 0.2% | |||||
IAA Spinco, Inc. (D) | 5.500 | 06-15-27 | 835,000 | 847,525 | |
LSC Communications, Inc. (D) | 8.750 | 10-15-23 | 9,168,000 | 9,511,800 | |
Prime Security Services Borrower LLC (D) | 9.250 | 05-15-23 | 2,608,000 | 2,731,880 | |
Tervita Escrow Corp. (D) | 7.625 | 12-01-21 | 11,842,000 | 11,871,605 | |
Construction and engineering 0.2% | |||||
AECOM | 5.125 | 03-15-27 | 22,261,000 | 21,857,519 | |
Tutor Perini Corp. (D) | 6.875 | 05-01-25 | 3,182,000 | 3,070,630 | |
Industrial conglomerates 0.3% | |||||
3M Company | 3.250 | 02-14-24 | 21,455,000 | 22,145,519 | |
General Electric Company | 5.550 | 01-05-26 | 26,425,000 | 29,199,099 | |
Professional services 0.3% | |||||
Equifax, Inc. | 7.000 | 07-01-37 | 3,645,000 | 4,322,938 | |
IHS Markit, Ltd. (D) | 4.000 | 03-01-26 | 22,604,000 | 22,787,092 | |
IHS Markit, Ltd. (D) | 4.750 | 02-15-25 | 6,967,000 | 7,369,902 | |
IHS Markit, Ltd. | 4.750 | 08-01-28 | 11,465,000 | 12,141,435 | |
IHS Markit, Ltd. (D) | 5.000 | 11-01-22 | 5,951,000 | 6,265,213 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 27 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Trading companies and distributors 0.9% | |||||
AerCap Ireland Capital DAC | 4.625 | 10-30-20 | 17,535,000 | $17,950,445 | |
AerCap Ireland Capital DAC | 5.000 | 10-01-21 | 16,850,000 | 17,558,503 | |
Ahern Rentals, Inc. (D) | 7.375 | 05-15-23 | 21,183,000 | 18,535,125 | |
Aircastle, Ltd. | 4.400 | 09-25-23 | 9,561,000 | 9,790,136 | |
Aircastle, Ltd. | 5.500 | 02-15-22 | 12,282,000 | 12,962,933 | |
Ashtead Capital, Inc. (D) | 4.375 | 08-15-27 | 14,575,000 | 14,137,750 | |
Avolon Holdings Funding, Ltd. (D) | 5.125 | 10-01-23 | 12,777,000 | 13,224,195 | |
H&E Equipment Services, Inc. | 5.625 | 09-01-25 | 7,015,000 | 6,958,880 | |
United Rentals North America, Inc. | 4.875 | 01-15-28 | 19,515,000 | 18,921,744 | |
United Rentals North America, Inc. | 5.500 | 07-15-25 | 14,480,000 | 14,805,800 | |
Information technology 4.2% | 668,200,537 | ||||
Communications equipment 0.5% | |||||
CommScope, Inc. (D) | 8.250 | 03-01-27 | 22,112,000 | 21,890,880 | |
Motorola Solutions, Inc. | 4.600 | 02-23-28 | 30,549,000 | 31,527,116 | |
Telefonaktiebolaget LM Ericsson | 4.125 | 05-15-22 | 28,005,000 | 28,491,447 | |
Electronic equipment, instruments and components 0.2% | |||||
Tech Data Corp. | 3.700 | 02-15-22 | 10,035,000 | 10,145,075 | |
Tech Data Corp. | 4.950 | 02-15-27 | 28,658,000 | 29,565,844 | |
IT services 0.6% | |||||
Banff Merger Sub, Inc. (D) | 9.750 | 09-01-26 | 12,341,000 | 11,538,835 | |
Go Daddy Operating Company LLC (D) | 5.250 | 12-01-27 | 3,314,000 | 3,334,713 | |
IBM Corp. | 2.850 | 05-13-22 | 54,990,000 | 55,399,949 | |
VeriSign, Inc. | 4.750 | 07-15-27 | 7,792,000 | 7,929,918 | |
VeriSign, Inc. | 5.250 | 04-01-25 | 9,210,000 | 9,624,450 | |
Semiconductors and semiconductor equipment 1.6% | |||||
Advanced Micro Devices, Inc. (A) | 7.000 | 07-01-24 | 9,054,000 | 9,393,525 | |
KLA-Tencor Corp. | 4.100 | 03-15-29 | 14,052,000 | 14,429,901 | |
Lam Research Corp. | 3.750 | 03-15-26 | 18,825,000 | 19,344,206 | |
Lam Research Corp. | 4.875 | 03-15-49 | 15,544,000 | 16,830,243 | |
Marvell Technology Group, Ltd. | 4.875 | 06-22-28 | 23,439,000 | 24,477,379 | |
Microchip Technology, Inc. (D) | 3.922 | 06-01-21 | 17,527,000 | 17,749,410 | |
Microchip Technology, Inc. (D) | 4.333 | 06-01-23 | 37,243,000 | 38,293,828 | |
Micron Technology, Inc. | 4.975 | 02-06-26 | 19,870,000 | 20,237,620 | |
Micron Technology, Inc. | 5.327 | 02-06-29 | 30,984,000 | 31,223,074 | |
NXP BV (D) | 4.625 | 06-01-23 | 34,485,000 | 35,857,503 | |
NXP BV (D) | 4.875 | 03-01-24 | 14,860,000 | 15,665,858 | |
Qorvo, Inc. (D) | 5.500 | 07-15-26 | 6,239,000 | 6,348,183 | |
Software 0.3% | |||||
Citrix Systems, Inc. | 4.500 | 12-01-27 | 19,006,000 | 19,383,526 | |
Microsoft Corp. | 4.450 | 11-03-45 | 19,695,000 | 22,706,230 |
28 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
Technology hardware, storage and peripherals 1.0% | |||||
Dell International LLC (D) | 4.900 | 10-01-26 | 26,535,000 | $27,158,133 | |
Dell International LLC (D) | 5.300 | 10-01-29 | 27,391,000 | 28,068,012 | |
Dell International LLC (D) | 6.020 | 06-15-26 | 38,540,000 | 41,500,802 | |
Dell International LLC (D) | 8.350 | 07-15-46 | 33,216,000 | 40,599,750 | |
Seagate HDD Cayman | 4.750 | 01-01-25 | 18,280,000 | 18,046,473 | |
Western Digital Corp. (A) | 4.750 | 02-15-26 | 12,068,000 | 11,438,654 | |
Materials 1.3% | 217,973,812 | ||||
Chemicals 0.7% | |||||
Braskem Finance, Ltd. (A)(D) | 7.000 | 05-07-20 | 13,585,000 | 14,048,249 | |
Braskem Netherlands Finance BV (D) | 4.500 | 01-10-28 | 16,700,000 | 16,240,750 | |
Cydsa SAB de CV (D) | 6.250 | 10-04-27 | 13,955,000 | 13,766,747 | |
Mexichem SAB de CV (D) | 5.500 | 01-15-48 | 21,970,000 | 20,756,377 | |
Syngenta Finance NV (D) | 4.441 | 04-24-23 | 25,935,000 | 26,738,799 | |
Syngenta Finance NV (D) | 5.676 | 04-24-48 | 8,210,000 | 7,959,360 | |
The Chemours Company (A) | 6.625 | 05-15-23 | 23,596,000 | 23,507,515 | |
Construction materials 0.1% | |||||
Cemex SAB de CV (D) | 6.125 | 05-05-25 | 15,185,000 | 15,617,773 | |
U.S. Concrete, Inc. | 6.375 | 06-01-24 | 5,025,000 | 5,112,938 | |
Containers and packaging 0.2% | |||||
Ardagh Packaging Finance PLC (D) | 6.000 | 02-15-25 | 14,410,000 | 14,268,782 | |
Klabin Finance SA (D) | 4.875 | 09-19-27 | 14,809,000 | 14,580,941 | |
Metals and mining 0.2% | |||||
Anglo American Capital PLC (D) | 4.750 | 04-10-27 | 13,375,000 | 13,803,065 | |
Commercial Metals Company | 5.375 | 07-15-27 | 5,017,000 | 4,587,444 | |
First Quantum Minerals, Ltd. (A)(D) | 6.875 | 03-01-26 | 9,625,000 | 8,193,281 | |
First Quantum Minerals, Ltd. (D) | 7.500 | 04-01-25 | 5,100,000 | 4,558,125 | |
Paper and forest products 0.1% | |||||
Norbord, Inc. (D) | 6.250 | 04-15-23 | 7,025,000 | 7,345,691 | |
Suzano Austria GmbH (A)(D) | 6.000 | 01-15-29 | 6,460,000 | 6,887,975 | |
Real estate 0.8% | 138,175,389 | ||||
Equity real estate investment trusts 0.8% | |||||
American Homes 4 Rent LP | 4.250 | 02-15-28 | 18,950,000 | 19,228,761 | |
American Tower Corp. | 3.550 | 07-15-27 | 28,840,000 | 28,840,196 | |
American Tower Corp. | 4.700 | 03-15-22 | 12,247,000 | 12,921,386 | |
Equinix, Inc. | 5.375 | 05-15-27 | 12,366,000 | 12,953,385 | |
SBA Tower Trust (D) | 3.722 | 04-09-48 | 26,399,000 | 27,100,596 | |
The GEO Group, Inc. | 6.000 | 04-15-26 | 4,171,000 | 3,826,893 | |
Ventas Realty LP | 3.500 | 02-01-25 | 14,224,000 | 14,525,740 | |
VEREIT Operating Partnership LP | 4.600 | 02-06-24 | 17,864,000 | 18,778,432 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 29 |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities 1.1% | $173,081,661 | ||||
Electric utilities 0.4% | |||||
ABY Transmision Sur SA (D) | 6.875 | 04-30-43 | 9,574,320 | 10,747,270 | |
Electricite de France SA (5.250% to 1-29-23, then 10 Year U.S. Swap Rate + 3.709%) (D)(G) | 5.250 | 01-29-23 | 24,965,000 | 24,997,455 | |
Emera US Finance LP | 3.550 | 06-15-26 | 9,516,000 | 9,571,181 | |
Empresa Electrica Angamos SA (A)(D) | 4.875 | 05-25-29 | 9,721,010 | 9,896,129 | |
Instituto Costarricense de Electricidad (D) | 6.375 | 05-15-43 | 9,730,000 | 7,796,260 | |
Israel Electric Corp., Ltd. (D) | 6.875 | 06-21-23 | 6,630,000 | 7,522,564 | |
Gas utilities 0.1% | |||||
AmeriGas Partners LP | 5.500 | 05-20-25 | 9,191,000 | 9,340,813 | |
Independent power and renewable electricity producers 0.5% | |||||
Clearway Energy Operating LLC | 5.375 | 08-15-24 | 13,129,000 | 13,063,355 | |
Greenko Dutch BV (A)(D) | 4.875 | 07-24-22 | 11,885,000 | 11,608,555 | |
Greenko Dutch BV (D) | 5.250 | 07-24-24 | 7,035,000 | 6,725,460 | |
LLPL Capital Pte, Ltd. (D) | 6.875 | 02-04-39 | 3,638,000 | 3,956,735 | |
NextEra Energy Capital Holdings, Inc. | 3.550 | 05-01-27 | 29,407,000 | 30,230,587 | |
NextEra Energy Operating Partners LP (D) | 4.500 | 09-15-27 | 5,100,000 | 4,947,000 | |
NRG Energy, Inc. (D) | 3.750 | 06-15-24 | 12,190,000 | 12,372,728 | |
Multi-utilities 0.1% | |||||
CenterPoint Energy, Inc. | 2.500 | 09-01-22 | 10,370,000 | 10,305,569 | |
Capital preferred securities 0.0% | $4,240,390 | ||||
(Cost $4,062,003) | |||||
Financials 0.0% | 4,240,390 | ||||
Capital markets 0.0% | |||||
State Street Corp. (3 month LIBOR + 1.000%) (C) | 3.611 | 06-01-77 | 5,507,000 | 4,240,390 | |
Term loans (H) 0.2% | $31,258,420 | ||||
(Cost $31,719,915) | |||||
Communication services 0.1% | 13,143,186 | ||||
Entertainment 0.1% | |||||
Metro-Goldwyn-Mayer, Inc., 2018 2nd Lien Term Loan (1 month LIBOR + 4.500%) | 6.940 | 07-03-26 | 11,550,000 | 11,319,000 | |
Interactive media and services 0.0% | |||||
Ancestry.com Operations, Inc., 2017 1st Lien Term Loan (1 month LIBOR + 3.250%) | 5.690 | 10-19-23 | 1,828,300 | 1,824,186 | |
Financials 0.0% | 4,241,268 | ||||
Capital markets 0.0% | |||||
LSF9 Atlantis Holdings LLC, 2017 Term Loan (1 month LIBOR + 6.000%) | 8.467 | 05-01-23 | 4,542,188 | 4,241,268 |
30 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care 0.1% | $13,873,966 | ||||
Health care providers and services 0.1% | |||||
Concentra, Inc., 2018 2nd Lien Term Loan (1 month LIBOR + 6.500%) | 8.970 | 06-01-23 | 13,804,941 | 13,873,966 | |
Collateralized mortgage obligations 5.6% | $898,404,372 | ||||
(Cost $904,475,627) | |||||
Commercial and residential 4.3% | 682,095,940 | ||||
Americold LLC | |||||
Series 2010-ARTA, Class C (D) | 6.811 | 01-14-29 | 2,150,000 | 2,258,598 | |
Series 2010-ARTA, Class D (D) | 7.443 | 01-14-29 | 9,783,000 | 10,328,469 | |
Angel Oak Mortgage Trust I LLC | |||||
Series 2018-1, Class A1 (D)(I) | 3.258 | 04-27-48 | 3,210,935 | 3,219,773 | |
Series 2018-3, Class A1 (D)(I) | 3.649 | 09-25-48 | 8,763,045 | 8,867,070 | |
AOA Mortgage Trust Series 2015-1177, Class C (D)(I) | 3.110 | 12-13-29 | 6,896,000 | 6,866,029 | |
Arroyo Mortgage Trust | |||||
Series 2018-1, Class A1 (D)(I) | 3.763 | 04-25-48 | 33,211,389 | 33,946,104 | |
Series 2019-2, Class A1 (D)(I) | 3.347 | 04-25-49 | 29,006,000 | 29,073,236 | |
Banc of America Merrill Lynch Commercial Mortgage, Inc. Series 2005-5, Class XC IO (D) | 0.029 | 10-10-45 | 146,852 | 1 | |
BBCMS Mortgage Trust | |||||
Series 2018-TALL, Class B (1 month LIBOR + 0.971%) (C)(D) | 3.411 | 03-15-37 | 14,066,000 | 13,984,832 | |
Series 2018-TALL, Class E (1 month LIBOR + 2.437%) (C)(D) | 4.877 | 03-15-37 | 9,590,000 | 9,570,269 | |
BBCMS Trust | |||||
Series 2015-MSQ, Class D (D)(I) | 4.122 | 09-15-32 | 7,275,000 | 7,331,537 | |
Series 2015-SRCH, Class D (D)(I) | 5.121 | 08-10-35 | 15,371,000 | 16,474,483 | |
Bear Stearns Commercial Mortgage Securities Trust Series 2005-PWR8, Class X1 IO (D) | 0.335 | 06-11-41 | 505,628 | 1,844 | |
BENCHMARK Mortgage Trust | |||||
Series 2019-B10, Class A2 | 3.614 | 03-15-62 | 20,389,000 | 21,390,157 | |
Series 2019-B11, Class A2 (B) | 3.410 | 05-15-52 | 16,845,000 | 17,536,822 | |
Bunker Hill Loan Depositary Trust Series 2019-1, Class A1 (D) | 3.613 | 10-26-48 | 3,636,780 | 3,705,655 | |
BWAY Mortgage Trust | |||||
Series 2013-1515, Class XB IO (D) | 0.534 | 03-10-33 | 46,410,000 | 1,028,000 | |
Series 2015-1740, Class XA IO (D) | 1.023 | 01-10-35 | 123,773,000 | 2,928,333 | |
BX Commercial Mortgage Trust Series 2018-BIOA, Class D (1 month LIBOR + 1.321%) (C)(D) | 3.761 | 03-15-37 | 12,620,000 | 12,593,248 | |
CAMB Commercial Mortgage Trust Series 2019-LIFE, Class D (1 month LIBOR + 1.750%) (C)(D) | 4.190 | 12-15-37 | 4,897,000 | 4,916,202 | |
CGBAM Commercial Mortgage Trust Series 2015-SMRT, Class F (D)(I) | 3.912 | 04-10-28 | 5,190,000 | 5,230,027 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 31 |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
CGDBB Commercial Mortgage Trust Series 2017-BIOC, Class E (1 month LIBOR + 2.150%) (C)(D) | 4.590 | 07-15-32 | 10,166,000 | $10,179,373 | |
CHT Mortgage Trust Series 2017-CSMO, Class D (1 month LIBOR + 2.250%) (C)(D) | 4.690 | 11-15-36 | 17,654,000 | 17,663,533 | |
Citigroup Commercial Mortgage Trust Series 2017-1500, Class E (1 month LIBOR + 2.500%) (C)(D) | 4.940 | 07-15-32 | 4,667,000 | 4,601,617 | |
CLNS Trust Series 2017-IKPR, Class C (1 month LIBOR + 1.100%) (C)(D) | 3.584 | 06-11-32 | 5,712,000 | 5,706,852 | |
COLT Mortgage Loan Trust | |||||
Series 2018-2, Class A1 (D)(I) | 3.470 | 07-27-48 | 2,663,462 | 2,682,008 | |
Series 2019-2, Class A1 (D)(I) | 3.337 | 05-25-49 | 13,820,996 | 13,980,660 | |
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | |||||
Series 2012-CR2, Class XA IO | 1.808 | 08-15-45 | 68,404,575 | 2,913,303 | |
Series 2012-CR3 Class XA IO | 2.026 | 10-15-45 | 96,278,881 | 4,968,221 | |
Series 2014-CR15, Class XA IO | 1.097 | 02-10-47 | 67,779,391 | 2,385,740 | |
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG) Series 2018-COR3, Class XA IO | 0.588 | 05-10-51 | 225,465,750 | 8,018,441 | |
Commercial Mortgage Trust (Deutsche Bank AG) | |||||
Series 2012-LC4, Class B (I) | 4.934 | 12-10-44 | 3,986,000 | 4,151,702 | |
Series 2013-300P, Class D (D)(I) | 4.539 | 08-10-30 | 18,343,000 | 19,048,736 | |
Series 2013-LC13, Class B (D)(I) | 5.009 | 08-10-46 | 6,206,000 | 6,662,194 | |
Series 2017-PANW, Class A (D) | 3.244 | 10-10-29 | 7,084,000 | 7,274,987 | |
Core Industrial Trust Series 2015-CALW, Class XA IO (D) | 0.939 | 02-10-34 | 168,808,473 | 3,084,215 | |
Credit Suisse First Boston Mortgage Securities Corp. Series 2005-C1, Class AX IO (D) | 0.886 | 02-15-38 | 439,319 | 4 | |
Credit Suisse Mortgage Capital Certificates Series 2019-ICE4, Class D (1 month LIBOR + 1.600%) (C)(D) | 4.063 | 05-15-36 | 37,265,000 | 37,265,000 | |
GAHR Commercial Mortgage Trust | |||||
Series 2015-NRF, Class DFX (D)(I) | 3.494 | 12-15-34 | 13,337,000 | 13,275,874 | |
Series 2015-NRF, Class EFX (D)(I) | 3.494 | 12-15-34 | 10,950,000 | 10,872,282 | |
Galton Funding Mortgage Trust Series 2018-1, Class A43 (D)(I) | 3.500 | 11-25-57 | 6,219,400 | 6,255,261 | |
GE Capital Commercial Mortgage Corp. Series 2005-C1, Class XC IO (D) | 0.011 | 06-10-48 | 70,620 | 1 | |
Great Wolf Trust Series 2017-WOLF, Class E (1 month LIBOR + 3.100%) (C)(D) | 5.573 | 09-15-34 | 3,855,000 | 3,859,920 | |
GS Mortgage Securities Trust | |||||
Series 2011-GC5, Class XA IO (D) | 1.502 | 08-10-44 | 14,113,030 | 309,671 | |
Series 2012-GC17, Class XA IO | 2.363 | 05-10-45 | 85,670,296 | 3,383,591 | |
Series 2015-590M, Class C (D)(I) | 3.932 | 10-10-35 | 6,950,000 | 7,056,267 |
32 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Series 2016-RENT, Class D (D)(I) | 4.202 | 02-10-29 | 12,981,000 | $13,109,934 | |
Series 2017-485L, Class C (D)(I) | 4.114 | 02-10-37 | 6,600,000 | 6,735,862 | |
Series 2017-500K, Class F (1 month LIBOR + 1.800%) (C)(D) | 4.240 | 07-15-32 | 3,487,000 | 3,471,477 | |
Series 2017-500K, Class G (1 month LIBOR + 2.500%) (C)(D) | 4.940 | 07-15-32 | 1,755,000 | 1,743,168 | |
Series 2019-GC39, Class A2 | 3.457 | 05-10-52 | 23,820,000 | 24,893,017 | |
HarborView Mortgage Loan Trust | |||||
Series 2005-2, Class X IO | 0.955 | 05-19-35 | 17,206,080 | 721,675 | |
Series 2007-3, Class ES IO (D) | 0.350 | 05-19-47 | 34,435,640 | 595,657 | |
Series 2007-4, Class ES IO | 0.350 | 07-19-47 | 34,961,261 | 580,808 | |
Series 2007-6, Class ES IO (D) | 0.343 | 08-19-37 | 30,138,152 | 432,332 | |
Hilton Orlando Trust Series 2018-ORL, Class D (1 month LIBOR + 1.700%) (C)(D) | 4.140 | 12-15-34 | 6,995,000 | 6,989,629 | |
Hudsons Bay Simon JV Trust Series 2015-HBFL, Class DFL (1 month LIBOR + 3.650%) (C)(D) | 6.367 | 08-05-34 | 5,240,000 | 5,234,451 | |
IMT Trust | |||||
Series 2017-APTS, Class AFX (D) | 3.478 | 06-15-34 | 7,679,000 | 7,976,206 | |
Series 2017-APTS, Class CFX (D)(I) | 3.613 | 06-15-34 | 6,867,000 | 6,933,508 | |
IndyMac Index Mortgage Loan Trust | |||||
Series 2005-AR12, Class AX2 IO | 0.891 | 07-25-35 | 47,560,326 | 1,588,054 | |
Series 2005-AR8, Class AX2 IO | 0.886 | 05-25-35 | 39,582,561 | 1,720,694 | |
Series 2005-AR18, Class 1X IO | 0.706 | 10-25-36 | 20,448,160 | 1,013,842 | |
Series 2005-AR18, Class 2X IO | 0.155 | 10-25-36 | 35,494,450 | 945,125 | |
Irvine Core Office Trust | |||||
Series 2013-IRV, Class A2 (D)(I) | 3.173 | 05-15-48 | 8,930,000 | 9,194,522 | |
Series 2013-IRV, Class XA IO (D) | 1.211 | 05-15-48 | 13,711,128 | 299,631 | |
JPMBB Commercial Mortgage Securities Trust Series 2013-C14, Class XA IO | 0.694 | 08-15-46 | 12,738,798 | 235,004 | |
JPMorgan Chase Commercial Mortgage Securities Trust | |||||
Series 2011-C3A, Class XA IO (D) | 1.132 | 02-15-46 | 9,521,001 | 131,238 | |
Series 2011-C4, Class XA IO (D) | 1.375 | 07-15-46 | 7,215,214 | 131,555 | |
Series 2012-HSBC, Class XA IO (D) | 1.431 | 07-05-32 | 84,459,862 | 3,306,468 | |
Series 2015-MAR7, Class C (D) | 4.490 | 06-05-32 | 9,367,000 | 9,532,921 | |
Series 2018-PHH, Class A (1 month LIBOR + 0.910%) (C)(D) | 3.350 | 06-15-35 | 7,815,000 | 7,799,168 | |
KNDL Mortgage Trust Series 2019-KNSQ, Class D (1 month LIBOR + 1.350%) (C)(D) | 3.850 | 05-15-36 | 8,320,000 | 8,331,153 | |
Merrill Lynch Mortgage Trust | |||||
Series 2005-CIP1, Class XC IO (D) | 0.010 | 07-12-38 | 3,074,868 | 255 | |
Series 2006-C2, Class X IO (D) | 0.231 | 08-12-43 | 319,376 | 10 | |
Morgan Stanley Bank of America Merrill Lynch Trust | |||||
Series 2012-C5, Class XA IO (D) | 1.618 | 08-15-45 | 13,088,828 | 475,199 | |
Series 2012-C6, Class XA IO (D) | 1.772 | 11-15-45 | 7,629,962 | 333,386 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 33 |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Morgan Stanley Capital I Trust | |||||
Series 2011-C3, Class XA IO (D) | 0.823 | 07-15-49 | 9,644,176 | $80,670 | |
Series 2017-CLS, Class D (1 month LIBOR + 1.400%) (C)(D) | 3.840 | 11-15-34 | 15,867,000 | 15,836,140 | |
MSCG Trust Series 2016-SNR, Class D (D) | 6.550 | 11-15-34 | 9,656,850 | 9,728,642 | |
Natixis Commercial Mortgage Securities Trust | |||||
Series 2018-285M, Class D (D)(I) | 3.916 | 11-15-32 | 4,795,000 | 4,860,625 | |
Series 2018-ALXA, Class C (D)(I) | 4.459 | 01-15-43 | 7,332,000 | 7,912,820 | |
One Market Plaza Trust Series 2017-1MKT, Class D (D) | 4.146 | 02-10-32 | 5,035,000 | 5,196,226 | |
Residential Accredit Loans, Inc. Series 2005-QO4, Class XIO IO | 1.936 | 12-25-45 | 16,251,628 | 1,212,568 | |
Seasoned Credit Risk Transfer Trust Series 2019-2, Class MA | 3.500 | 08-25-58 | 26,039,311 | 26,849,295 | |
Starwood Mortgage Residential Trust Series 2018-IMC1, Class A1 (D)(I) | 3.793 | 03-25-48 | 5,083,602 | 5,158,738 | |
UBS Commercial Mortgage Trust Series 2012-C1, Class B | 4.822 | 05-10-45 | 3,520,000 | 3,678,456 | |
Verus Securitization Trust Series 2018-3, Class A1 (D)(I) | 4.108 | 10-25-58 | 21,322,300 | 21,761,383 | |
VNDO Mortgage Trust Series 2013-PENN, Class D (D)(I) | 4.078 | 12-13-29 | 16,804,000 | 16,901,680 | |
Wells Fargo Commercial Mortgage Trust | |||||
Series 2013-120B, Class C (D)(I) | 2.799 | 03-18-28 | 14,886,000 | 14,799,471 | |
Series 2017-SMP, Class D (1 month LIBOR + 1.650%) (C)(D) | 4.090 | 12-15-34 | 5,170,000 | 5,151,746 | |
WFCG Commercial Mortgage Trust Series 2015-BXRP, Class D (1 month LIBOR + 2.571%) (C)(D) | 5.011 | 11-15-29 | 775,307 | 775,960 | |
WF-RBS Commercial Mortgage Trust | |||||
Series 2011-C2, Class XA IO (D) | 0.970 | 02-15-44 | 35,394,239 | 374,680 | |
Series 2011-C3, Class XA IO (D) | 1.497 | 03-15-44 | 21,954,612 | 432,791 | |
Series 2012-C10, Class XA IO (D) | 1.708 | 12-15-45 | 8,989,889 | 409,906 | |
Series 2012-C9, Class XA IO (D) | 2.039 | 11-15-45 | 57,826,021 | 3,074,401 | |
Series 2013-C15, Class B (I) | 4.621 | 08-15-46 | 2,704,000 | 2,853,475 | |
Series 2013-C16, Class B (I) | 5.194 | 09-15-46 | 3,216,000 | 3,468,699 | |
Series 2013-C16, Class XA IO | 0.896 | 09-15-46 | 11,330,207 | 271,477 | |
U.S. Government Agency 1.3% | 216,308,432 | ||||
Federal Home Loan Mortgage Corp. | |||||
Series 4482, Class MA | 2.000 | 04-15-31 | 339,105 | 337,360 | |
Series K005, Class AX IO | 1.528 | 11-25-19 | 86,149,542 | 388,578 | |
Series K006, Class BX1 IO | 5.542 | 02-25-20 | 4,464,918 | 148,473 | |
Series K010, Class X1 IO | 0.294 | 10-25-20 | 28,294,909 | 55,645 | |
Series K011, Class X1 IO | 0.322 | 11-25-20 | 46,150,767 | 137,599 | |
Series K014, Class X1 IO | 1.323 | 04-25-21 | 37,698,961 | 701,853 | |
Series K015, Class X1 IO | 1.734 | 07-25-21 | 39,553,513 | 1,107,550 | |
Series K017, Class X1 IO | 1.446 | 12-25-21 | 169,466,278 | 4,583,910 |
34 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Series K018, Class X1 IO | 1.485 | 01-25-22 | 103,582,456 | $2,861,455 | |
Series K021, Class X1 IO | 1.571 | 06-25-22 | 33,986,725 | 1,269,615 | |
Series K022, Class X1 IO | 1.353 | 07-25-22 | 139,046,890 | 4,485,361 | |
Series K024, Class X1 IO | 0.957 | 09-25-22 | 10,161,517 | 240,895 | |
Series K026, Class X1 IO | 1.115 | 11-25-22 | 15,573,951 | 443,386 | |
Series K038, Class X1 IO | 1.312 | 03-25-24 | 4,680,848 | 217,537 | |
Series K711, Class X1 IO | 1.715 | 07-25-19 | 12,304,846 | 7,284 | |
Series K715, Class X1 IO | 1.233 | 01-25-21 | 14,290,526 | 217,177 | |
Series K718, Class X1 IO | 0.743 | 01-25-22 | 13,690,817 | 184,040 | |
Series KAIV, Class X1 IO | 1.261 | 06-25-21 | 23,243,329 | 434,920 | |
Series KIR3, Class A1 | 3.038 | 08-25-27 | 34,135,000 | 35,175,051 | |
Series KS01, Class X1 IO | 1.441 | 01-25-23 | 13,199,139 | 402,335 | |
Series KS03, Class X IO | 0.419 | 08-25-25 | 37,974,667 | 394,010 | |
Series T-41, Class 3A (I) | 5.436 | 07-25-32 | 1,211 | 1,322 | |
Federal National Mortgage Association | |||||
Series 2001-50, Class BA | 7.000 | 10-25-41 | 190 | 214 | |
Series 2012-M5, Class X IO | 0.629 | 02-25-22 | 23,242,957 | 265,328 | |
Series 2012-MB, Class X1 IO | 2.141 | 12-25-19 | 542,910 | 5 | |
Series 2013-100, Class CA | 4.000 | 03-25-39 | 571,010 | 585,035 | |
Series 2014-28, Class BD | 3.500 | 08-25-43 | 1,017,338 | 1,053,740 | |
Government National Mortgage Association | |||||
Series 2008-90, Class IO | 1.876 | 12-16-50 | 2,648,492 | 524,331 | |
Series 2012-114, Class IO | 0.766 | 01-16-53 | 24,740,649 | 1,135,910 | |
Series 2012-120, Class IO | 0.780 | 02-16-53 | 10,350,689 | 500,350 | |
Series 2012-125, Class IO | 0.385 | 02-16-53 | 12,873,900 | 351,616 | |
Series 2012-70, Class IO | 0.452 | 08-16-52 | 6,819,684 | 109,135 | |
Series 2013-63, Class IO | 0.791 | 09-16-51 | 14,887,444 | 788,548 | |
Series 2016-174, Class IO | 0.914 | 11-16-56 | 47,328,220 | 3,615,483 | |
Series 2017-109, Class IO | 0.610 | 04-16-57 | 98,192,910 | 5,235,312 | |
Series 2017-124, Class IO | 0.706 | 01-16-59 | 126,388,547 | 8,130,272 | |
Series 2017-135, Class IO | 0.839 | 10-16-58 | 87,324,947 | 5,850,640 | |
Series 2017-140, Class IO | 0.609 | 02-16-59 | 74,377,941 | 4,358,994 | |
Series 2017-159, Class IO | 0.545 | 06-16-59 | 100,760,456 | 5,245,549 | |
Series 2017-169, Class IO | 0.733 | 01-16-60 | 180,999,192 | 11,374,333 | |
Series 2017-20, Class IO | 0.748 | 12-16-58 | 193,639,814 | 11,907,009 | |
Series 2017-22, Class IO | 1.022 | 12-16-57 | 39,516,117 | 3,420,179 | |
Series 2017-41, Class IO | 0.793 | 07-16-58 | 66,623,522 | 4,530,346 | |
Series 2017-46, Class IO | 0.621 | 11-16-57 | 87,786,887 | 5,062,793 | |
Series 2017-61, Class IO | 0.769 | 05-16-59 | 55,492,992 | 3,904,493 | |
Series 2017-74, Class IO | 0.777 | 09-16-58 | 124,372,999 | 7,412,208 | |
Series 2017-89, Class IO | 0.766 | 07-16-59 | 124,114,235 | 8,607,570 | |
Series 2018-081, Class IO | 0.448 | 01-16-60 | 46,105,985 | 2,427,724 | |
Series 2018-114, Class IO | 0.540 | 04-16-60 | 187,549,951 | 11,021,167 | |
Series 2018-158, Class IO | 0.726 | 05-16-61 | 150,190,677 | 11,361,985 | |
Series 2018-35, Class IO | 0.526 | 03-16-60 | 137,612,030 | 7,638,968 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 35 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Series 2018-43, Class IO | 0.577 | 05-16-60 | 217,215,129 | $12,273,958 | |
Series 2018-68, Class IO | 0.478 | 01-16-60 | 24,958,160 | 1,255,206 | |
Series 2018-69, Class IO | 0.535 | 04-16-60 | 104,370,324 | 6,079,895 | |
Series 2018-9, Class IO | 0.558 | 01-16-60 | 107,606,550 | 5,940,118 | |
Series 2018-99, Class IO | 0.517 | 06-16-60 | 188,425,724 | 10,544,662 | |
Asset backed securities 9.8% | $1,572,003,334 | ||||
(Cost $1,552,247,868) | |||||
Asset backed securities 9.8% | 1,572,003,334 | ||||
AccessLex Institute | |||||
Series 2005-1, Class A4 (3 month LIBOR + 0.210%) (C) | 2.817 | 06-22-37 | 8,512,660 | 8,212,065 | |
Series 2006-1, Class A3 (3 month LIBOR + 0.200%) (C) | 2.721 | 08-25-37 | 32,671,055 | 31,835,924 | |
Series 2007-A, Class A3 (3 month LIBOR + 0.300%) (C) | 2.821 | 05-25-36 | 11,575,102 | 11,416,779 | |
Ally Master Owner Trust Series 2018-1, Class A2 | 2.700 | 01-17-23 | 50,335,000 | 50,575,918 | |
Americredit Automobile Receivables Trust | |||||
Series 2018-2, Class C | 3.590 | 06-18-24 | 9,055,000 | 9,297,676 | |
Series 2018-3, Class C | 3.740 | 10-18-24 | 8,303,000 | 8,588,064 | |
Amresco Residential Securities Corp. Mortgage Loan Trust Series 1998-1, Class A6 (I) | 6.510 | 08-25-27 | 4 | 5 | |
Applebee's Funding LLC | |||||
Series 2014-1, Class A2 (D) | 4.277 | 09-05-44 | 25,615,750 | 25,730,322 | |
Series 2019-1A, Class A2I (D) | 4.194 | 06-07-49 | 24,268,000 | 24,268,000 | |
Arby's Funding LLC Series 2015-1A, Class A2 (D) | 4.969 | 10-30-45 | 21,162,450 | 21,888,110 | |
Avis Budget Rental Car Funding AESOP LLC Series 2019-1A, Class A (D) | 3.450 | 03-20-23 | 12,081,000 | 12,330,622 | |
BRE Grand Islander Timeshare Issuer LLC Series 2019-A, Class A (D) | 3.280 | 09-26-33 | 12,851,414 | 13,032,412 | |
Citibank Credit Card Issuance Trust Series 2018-A1, Class A1 | 2.490 | 01-20-23 | 53,722,000 | 53,970,421 | |
CLI Funding LLC Series 2018-1A, Class A (D) | 4.030 | 04-18-43 | 20,437,183 | 20,867,139 | |
CNH Equipment Trust | |||||
Series 2017-C, Class A3 | 2.080 | 02-15-23 | 14,485,000 | 14,444,019 | |
Series 2018-B, Class A3 | 3.190 | 11-15-23 | 20,219,000 | 20,566,397 | |
Coinstar Funding LLC Series 2017-1A, Class A2 (D) | 5.216 | 04-25-47 | 19,810,700 | 20,319,262 | |
Collegiate Funding Services Education Loan Trust Series 2005-A, Class A4 (3 month LIBOR + 0.200%) (C) | 2.797 | 03-28-35 | 10,424,000 | 10,072,169 | |
ContiMortgage Home Equity Loan Trust Series 1995-2, Class A5 | 8.100 | 08-15-25 | 89,055 | 52,531 |
36 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
CWABS Asset-Backed Certificates Trust Series 2004-10, Class AF5B | 4.596 | 02-25-35 | 1,314,954 | $1,315,203 | |
DB Master Finance LLC | |||||
Series 2017-1A, Class A2I (D) | 3.629 | 11-20-47 | 9,358,485 | 9,590,388 | |
Series 2017-1A, Class A2II (D) | 4.030 | 11-20-47 | 8,732,025 | 8,994,335 | |
Series 2019-1A, Class A2I (D) | 3.787 | 05-20-49 | 51,445,000 | 52,745,530 | |
Dell Equipment Finance Trust Series 2018-2, Class A3 (D) | 3.370 | 10-22-23 | 15,000,000 | 15,272,988 | |
DLL LLC Series 2018-ST2, Class A3 (D) | 3.460 | 01-20-22 | 14,375,000 | 14,558,610 | |
Domino's Pizza Master Issuer LLC Series 2017-1A, Class A23 (D) | 4.118 | 07-25-47 | 27,971,775 | 28,945,193 | |
Driven Brands Funding LLC Series 2015-1A, Class A2 (D) | 5.216 | 07-20-45 | 28,062,200 | 29,176,269 | |
Enterprise Fleet Financing LLC Series 2018-3, Class A2 (D) | 3.380 | 05-20-24 | 19,618,000 | 19,806,029 | |
Evergreen Credit Card Trust Series 2018-1, Class A (D) | 2.950 | 03-15-23 | 28,275,000 | 28,607,067 | |
FOCUS Brands Funding LLC Series 2017-1A, Class A2I (D) | 3.857 | 04-30-47 | 7,673,400 | 7,881,503 | |
Ford Credit Auto Owner Trust | |||||
Series 2015-1, Class A (D) | 2.120 | 07-15-26 | 39,230,000 | 39,111,894 | |
Series 2017-B, Class A4 | 1.870 | 09-15-22 | 4,650,000 | 4,619,889 | |
Series 2017-C, Class A4 | 2.160 | 03-15-23 | 16,335,000 | 16,303,451 | |
Series 2018-B, Class A3 | 3.240 | 04-15-23 | 18,643,000 | 18,991,391 | |
Ford Credit Floorplan Master Owner Trust | |||||
Series 2017-2, Class A1 | 2.160 | 09-15-22 | 30,750,000 | 30,662,113 | |
Series 2018-3, Class A1 | 3.520 | 10-15-23 | 35,840,000 | 36,777,628 | |
Series 2019-2, Class A | 3.320 | 04-15-26 | 11,793,000 | 12,065,241 | |
GMF Floorplan Owner Revolving Trust Series 2019-2, Class A (D) | 2.900 | 04-15-26 | 28,720,000 | 29,107,203 | |
Goal Capital Funding Trust Series 2005-2, Class A4 (3 month LIBOR + 0.200%) (C) | 2.721 | 08-25-44 | 43,584,000 | 42,106,725 | |
Golden Credit Card Trust Series 2018-1A, Class A (D) | 2.620 | 01-15-23 | 25,180,000 | 25,283,235 | |
Hilton Grand Vacations Trust | |||||
Series 2017-AA, Class A (D) | 2.660 | 12-26-28 | 20,675,448 | 20,704,625 | |
Series 2018-AA, Class A (D) | 3.540 | 02-25-32 | 6,770,458 | 6,948,941 | |
Honda Auto Receivables Owner Trust | |||||
Series 2017-2, Class A4 | 1.870 | 09-15-23 | 6,150,000 | 6,115,152 | |
Series 2017-3, Class A4 | 1.980 | 11-20-23 | 6,545,000 | 6,519,593 | |
Hyundai Auto Receivables Trust Series 2018-B, Class A3 | 3.480 | 12-15-22 | 13,142,000 | 13,350,058 | |
KeyCorp Student Loan Trust Series 2004-A, Class 1A2 (3 month LIBOR + 0.240%) (C) | 2.822 | 10-27-42 | 12,228,605 | 11,738,401 | |
MelTel Land Funding LLC Series 2019-1A, Class A (D) | 3.768 | 04-15-49 | 11,089,000 | 11,290,467 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 37 |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Mill City Mortgage Loan Trust Series 2018-3, Class A1 (D)(I) | 3.500 | 08-25-58 | 8,606,101 | $8,773,005 | |
MMAF Equipment Finance LLC | |||||
Series 2017-B, Class A3 (D) | 2.210 | 10-17-22 | 16,038,000 | 15,995,841 | |
Series 2019-A, Class A3 (D) | 3.270 | 11-13-23 | 14,642,000 | 14,860,018 | |
MVW Owner Trust | |||||
Series 2014-1A, Class A (D) | 2.250 | 09-22-31 | 587,964 | 584,633 | |
Series 2015-1A, Class A (D) | 2.520 | 12-20-32 | 1,614,469 | 1,610,233 | |
Series 2018-1A, Class A (D) | 3.450 | 01-21-36 | 17,577,447 | 18,043,162 | |
Navient Private Education Loan Trust Series 2016-AA, Class A2A (D) | 3.910 | 12-15-45 | 20,607,308 | 21,186,408 | |
Nelnet Student Loan Trust Series 2006-1, Class A6 (3 month LIBOR + 0.450%) (C)(D) | 2.974 | 08-23-36 | 29,860,000 | 29,121,756 | |
New Residential Mortgage LLC | |||||
Series 2018-FNT1, Class A (D) | 3.610 | 05-25-23 | 11,663,242 | 11,820,649 | |
Series 2018-FNT2, Class A (D) | 3.790 | 07-25-54 | 7,003,244 | 7,140,523 | |
NextGear Floorplan Master Owner Trust | |||||
Series 2017-1A, Class A2 (D) | 2.540 | 04-18-22 | 20,342,000 | 20,301,768 | |
Series 2018-1A, Class A2 (D) | 3.220 | 02-15-23 | 6,055,000 | 6,123,758 | |
Series 2018-2A, Class A2 (D) | 3.690 | 10-15-23 | 16,070,000 | 16,490,120 | |
Nissan Auto Receivables Owner Trust | |||||
Series 2017-B, Class A4 | 1.950 | 10-16-23 | 14,785,000 | 14,708,405 | |
Series 2018-C, Class A3 | 3.220 | 06-15-23 | 31,739,000 | 32,355,276 | |
NRZ Excess Spread-Collateralized Notes | |||||
Series 2018-PLS1, Class A (D) | 3.193 | 01-25-23 | 5,369,092 | 5,382,026 | |
Series 2018-PLS2, Class A (D) | 3.265 | 02-25-23 | 19,010,545 | 19,092,457 | |
Oxford Finance Funding LLC Series 2019-1A, Class A2 (D) | 4.459 | 02-15-27 | 7,463,000 | 7,630,431 | |
PFS Financing Corp. Series 2018-B, Class A (D) | 2.890 | 02-15-23 | 16,650,000 | 16,758,861 | |
Renaissance Home Equity Loan Trust Series 2005-2, Class AF4 | 4.934 | 08-25-35 | 6,140,872 | 6,295,480 | |
Santander Drive Auto Receivables Trust | |||||
Series 2018-2, Class C | 3.350 | 07-17-23 | 8,930,000 | 9,031,902 | |
Series 2018-3, Class C | 3.510 | 08-15-23 | 21,225,000 | 21,593,222 | |
SCF Equipment Leasing LLC Series 2019-1A, Class A2 (D) | 3.230 | 10-20-24 | 8,135,000 | 8,224,712 | |
Sierra Timeshare Receivables Funding LLC | |||||
Series 2018-2A, Class A (D) | 3.500 | 06-20-35 | 6,079,876 | 6,223,525 | |
Series 2018-3A, Class D (D) | 5.200 | 09-20-35 | 5,149,323 | 5,264,921 | |
Series 2019-1A, Class A (D) | 3.200 | 01-20-36 | 11,816,064 | 12,045,197 | |
SLM Private Credit Student Loan Trust Series 2006-A, Class A5 (3 month LIBOR + 0.290%) (C) | 2.901 | 06-15-39 | 5,458,334 | 5,317,292 | |
SMB Private Education Loan Trust Series 2015-C, Class A2A (D) | 2.750 | 07-15-27 | 8,129,216 | 8,154,105 | |
Sonic Capital LLC Series 2016-1A, Class A2 (D) | 4.472 | 05-20-46 | 3,551,840 | 3,627,139 |
38 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Structured Asset Securities Corp. Mortgage Loan Trust Series 2005-2XS, Class 2A2 (1 month LIBOR + 1.500%) (C) | 4.002 | 02-25-35 | 2,046,813 | $2,055,671 | |
SunTrust Student Loan Trust Series 2006-1A, Class A4 (3 month LIBOR + 0.190%) (C)(D) | 2.772 | 10-28-37 | 35,687,086 | 35,063,358 | |
Taco Bell Funding LLC | |||||
Series 2016-1A, Class A2II (D) | 4.377 | 05-25-46 | 1,960,000 | 1,996,358 | |
Series 2018-1A, Class A2I (D) | 4.318 | 11-25-48 | 24,805,350 | 25,676,018 | |
TAL Advantage V LLC Series 2014-1A, Class A (D) | 3.510 | 02-22-39 | 2,301,375 | 2,325,592 | |
Textainer Marine Containers VII, Ltd. Series 2018-1A, Class A (D) | 4.110 | 07-20-43 | 3,708,300 | 3,796,106 | |
Towd Point Mortgage Trust | |||||
Series 2015-1, Class A5 (D)(I) | 3.935 | 10-25-53 | 4,950,000 | 5,129,192 | |
Series 2015-2, Class 1M2 (D)(I) | 3.791 | 11-25-60 | 10,860,000 | 11,143,683 | |
Series 2016-5, Class A1 (D)(I) | 2.500 | 10-25-56 | 9,031,538 | 8,977,529 | |
Series 2017-1, Class A1 (D)(I) | 2.750 | 10-25-56 | 3,206,344 | 3,200,657 | |
Series 2017-2, Class A1 (D)(I) | 2.750 | 04-25-57 | 3,383,479 | 3,377,200 | |
Series 2018-1, Class A1 (D)(I) | 3.000 | 01-25-58 | 7,785,677 | 7,833,890 | |
Series 2018-3, Class A1 (D)(I) | 3.750 | 05-25-58 | 11,967,929 | 12,388,828 | |
Series 2018-4, Class A1 (D)(I) | 3.000 | 06-25-58 | 19,760,333 | 19,753,763 | |
Series 2018-5, Class A1A (D)(I) | 3.250 | 07-25-58 | 4,984,377 | 5,039,012 | |
Series 2018-6, Class A1A (D)(I) | 3.750 | 03-25-58 | 33,128,658 | 33,948,947 | |
Series 2019-1, Class A1 (D)(I) | 3.750 | 03-25-58 | 13,614,164 | 14,114,564 | |
Toyota Auto Receivables Owner Trust | |||||
Series 2017-C, Class A4 | 1.980 | 12-15-22 | 12,815,000 | 12,757,316 | |
Series 2018-C, Class A3 | 3.020 | 12-15-22 | 23,840,000 | 24,196,377 | |
Triton Container Finance V LLC Series 2018-1A, Class A (D) | 3.950 | 03-20-43 | 17,406,083 | 17,689,489 | |
Vantage Data Centers Issuer LLC Series 2018-1A, Class A2 (D) | 4.072 | 02-16-43 | 12,536,313 | 12,843,567 | |
VSE VOI Mortgage LLC Series 2017-A, Class A (D) | 2.330 | 03-20-35 | 11,386,097 | 11,310,797 | |
Wachovia Student Loan Trust Series 2006-1, Class B (3 month LIBOR + 0.240%) (C)(D) | 2.820 | 04-25-40 | 2,779,146 | 2,617,837 | |
Westgate Resorts LLC | |||||
Series 2015-2A, Class B (D) | 4.000 | 07-20-28 | 1,331,906 | 1,328,797 | |
Series 2016-1A, Class A (D) | 3.500 | 12-20-28 | 1,437,331 | 1,440,652 | |
Series 2017-1A, Class A (D) | 3.050 | 12-20-30 | 4,489,672 | 4,482,529 | |
Westlake Automobile Receivables Trust Series 2019-1A, Class C (D) | 4.050 | 03-15-24 | 10,588,000 | 10,727,782 | |
World Omni Automobile Lease Securitization Trust Series 2018-B, Class A3 | 3.190 | 12-15-21 | 16,741,000 | 16,974,041 | |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 39 |
Shares | Value | ||||
Preferred securities 0.2% | $37,601,737 | ||||
(Cost $36,996,583) | |||||
Consumer staples 0.0% | 2,460,708 | ||||
Food and staples retailing 0.0% | |||||
Ocean Spray Cranberries, Inc., 6.250% (D) | 28,284 | 2,460,708 | |||
Financials 0.1% | 12,593,670 | ||||
Banks 0.1% | |||||
GMAC Capital Trust I (3 month LIBOR + 5.785%), 8.303% (C) | 377,982 | 9,759,495 | |||
Wells Fargo & Company, Series L, 7.500% | 2,139 | 2,834,175 | |||
Utilities 0.1% | 22,547,359 | ||||
Multi-utilities 0.1% | |||||
Dominion Energy, Inc., 6.750% | 256,942 | 12,703,212 | |||
DTE Energy Company, 6.500% | 115,600 | 6,440,076 | |||
Water utilities 0.0% | |||||
Aqua America, Inc., 6.000% | 61,401 | 3,404,071 | |||
Yield (%) | Shares | Value | |||
Securities lending collateral 1.0% | $163,520,202 | ||||
(Cost $163,490,982) | |||||
John Hancock Collateral Trust (J) | 2.3405(K) | 16,340,582 | 163,520,202 | ||
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 1.8% | $284,248,000 | ||||
(Cost $284,229,699) | |||||
U.S. Government Agency 0.9% | 146,398,000 | ||||
Federal Agricultural Mortgage Corp. Discount Note | 2.250 | 06-03-19 | 34,369,000 | 34,369,000 | |
Federal Home Loan Bank Discount Note | 2.250 | 06-03-19 | 112,029,000 | 112,029,000 |
Par value^ | Value | ||||
Repurchase agreement 0.9% | 137,850,000 | ||||
Barclays Tri-Party Repurchase Agreement dated 5-31-19 at 2.450% to be repurchased at $127,362,998 on 6-3-19, collateralized by $125,752,900 U.S. Treasury Bonds, 2.750% due 8-15-42 (valued at $129,910,356, including interest) | 127,337,000 | 127,337,000 | |||
Repurchase Agreement with State Street Corp. dated 5-31-19 at 1.300% to be repurchased at $10,514,139 on 6-3-19, collateralized by $10,625,000 U.S. Treasury Notes, 2.375% due 3-15-21 (valued at $10,725,853, including interest) | 10,513,000 | 10,513,000 |
40 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Total investments (Cost $15,950,406,515) 101.0% | $16,193,806,785 | ||||
Other assets and liabilities, net (1.0%) | (167,728,972) | ||||
Total net assets 100.0% | $16,026,077,813 |
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 | |
CMT | Constant Maturity Treasury |
IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
ISDAFIX | International Swaps and Derivatives Association Fixed Interest Rate Swap Rate |
LIBOR | London Interbank Offered Rate |
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
(A) | All or a portion of this security is on loan as of 5-31-19. |
(B) | Security purchased or sold on a when-issued or delayed delivery basis. |
(C) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(D) | 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 $3,764,277,635 or 23.5% of the fund's net assets as of 5-31-19. |
(E) | Non-income producing - Issuer is in default. |
(F) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(G) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(H) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(I) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(J) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(K) | The rate shown is the annualized seven-day yield as of 5-31-19. |
* | 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. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 41 |
Financial statements |
Assets | |
Unaffiliated investments, at value (Cost $15,786,915,533) including $159,887,437 of securities loaned | $16,030,286,583 |
Affiliated investments, at value (Cost $163,490,982) | 163,520,202 |
Total investments, at value (Cost $15,950,406,515) | 16,193,806,785 |
Dividends and interest receivable | 115,465,586 |
Receivable for fund shares sold | 78,634,000 |
Receivable for investments sold | 50,789,401 |
Receivable for delayed delivery securities sold | 28,870,370 |
Receivable for securities lending income | 112,466 |
Other assets | 573,725 |
Total assets | 16,468,252,333 |
Liabilities | |
Due to custodian | 36,895 |
Distributions payable | 777,646 |
Payable for investments purchased | 116,912,647 |
Payable for delayed delivery securities purchased | 129,083,280 |
Payable for fund shares repurchased | 28,116,049 |
Payable upon return of securities loaned | 163,497,654 |
Payable to affiliates | |
Accounting and legal services fees | 1,566,959 |
Transfer agent fees | 528,578 |
Distribution and service fees | 232,846 |
Trustees' fees | 10,656 |
Other liabilities and accrued expenses | 1,411,310 |
Total liabilities | 442,174,520 |
Net assets | $16,026,077,813 |
Net assets consist of | |
Paid-in capital | $15,900,353,481 |
Total distributable earnings (loss) | 125,724,332 |
Net assets | $16,026,077,813 |
42 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Net asset value per share | |
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
Class A ($1,687,970,601 ÷ 106,600,387 shares)1 | $15.83 |
Class B ($6,700,312 ÷ 423,200 shares)1 | $15.83 |
Class C ($252,434,748 ÷ 15,940,993 shares)1 | $15.84 |
Class I ($2,928,230,315 ÷ 184,904,033 shares) | $15.84 |
Class R2 ($85,747,874 ÷ 5,409,009 shares) | $15.85 |
Class R4 ($43,686,062 ÷ 2,754,877 shares) | $15.86 |
Class R6 ($6,560,194,308 ÷ 413,550,102 shares) | $15.86 |
Class NAV ($4,461,113,593 ÷ 281,322,555 shares) | $15.86 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $16.49 |
1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
2 | On 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 | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 43 |
Investment income | |
Interest | $531,557,331 |
Dividends | 2,410,043 |
Securities lending | 1,068,542 |
Less foreign taxes withheld | (2,070) |
Total investment income | 535,033,846 |
Expenses | |
Investment management fees | 42,906,736 |
Distribution and service fees | 7,582,053 |
Accounting and legal services fees | 3,116,200 |
Transfer agent fees | 5,755,236 |
Trustees' fees | 232,389 |
Custodian fees | 1,406,261 |
State registration fees | 457,957 |
Printing and postage | 1,112,713 |
Professional fees | 317,464 |
Other | 532,084 |
Total expenses | 63,419,093 |
Less expense reductions | (1,076,947) |
Net expenses | 62,342,146 |
Net investment income | 472,691,700 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 39,490,458 |
Affiliated investments | (6,671) |
39,483,787 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | 442,553,212 |
Affiliated investments | 29,220 |
442,582,432 | |
Net realized and unrealized gain | 482,066,219 |
Increase in net assets from operations | $954,757,919 |
44 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Year ended 5-31-19 | Year ended 5-31-18 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $472,691,700 | $357,629,259 |
Net realized gain (loss) | 39,483,787 | (13,518,358) |
Change in net unrealized appreciation (depreciation) | 442,582,432 | (350,270,178) |
Increase (decrease) in net assets resulting from operations | 954,757,919 | (6,159,277) |
Distributions to shareholders | ||
From net investment income and net realized gain | ||
Class A | (51,559,846) | — |
Class B | (230,390) | — |
Class C | (6,855,193) | — |
Class I | (87,367,701) | — |
Class R2 | (2,632,937) | — |
Class R4 | (1,436,288) | — |
Class R6 | (233,167,054) | — |
Class NAV | (123,286,684) | — |
From net investment income | ||
Class A | — | (48,389,230) |
Class B | — | (336,749) |
Class C | — | (7,308,878) |
Class I | — | (122,341,916) |
Class R2 | — | (2,176,422) |
Class R4 | — | (1,119,337) |
Class R6 | — | (135,108,724) |
Class NAV | — | (72,157,128) |
Total distributions | (506,536,093) | (388,938,384) |
From fund share transactions | 3,548,411,057 | 2,756,184,357 |
Total increase | 3,996,632,883 | 2,361,086,696 |
Net assets | ||
Beginning of year | 12,029,444,930 | 9,668,358,234 |
End of year1 | $16,026,077,813 | $12,029,444,930 |
1 | Net assets - End of year includes undistributed net investment income of $6,802,604 at May 31, 2018. The SEC eliminated the requirement to disclose undistributed net investment income in the current reporting period. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 45 |
Financial highlights |
CLASS A SHARES Period ended | 5-31-19 | 5-31-18 | 5-31-17 | 5-31-16 | 5-31-15 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.41 | $15.93 | $15.79 | $16.06 | $16.26 |
Net investment income1 | 0.49 | 0.46 | 0.45 | 0.47 | 0.53 |
Net realized and unrealized gain (loss) on investments | 0.46 | (0.47) | 0.18 | (0.23) | (0.05) |
Total from investment operations | 0.95 | (0.01) | 0.63 | 0.24 | 0.48 |
Less distributions | |||||
From net investment income | (0.53) | (0.51) | (0.49) | (0.51) | (0.63) |
From net realized gain | — | — | — | — | (0.05) |
Total distributions | (0.53) | (0.51) | (0.49) | (0.51) | (0.68) |
Net asset value, end of period | $15.83 | $15.41 | $15.93 | $15.79 | $16.06 |
Total return (%)2,3 | 6.33 | (0.11) | 4.07 | 1.59 | 3.02 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1,688 | $1,488 | $1,492 | $1,904 | $1,740 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.78 | 0.81 | 0.89 | 0.93 | 0.94 |
Expenses including reductions | 0.78 | 0.79 | 0.83 | 0.87 | 0.89 |
Net investment income | 3.21 | 2.93 | 2.83 | 3.01 | 3.25 |
Portfolio turnover (%) | 106 | 74 | 984 | 56 | 66 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
4 | Excludes merger activity. |
46 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS B SHARES Period ended | 5-31-19 | 5-31-18 | 5-31-17 | 5-31-16 | 5-31-15 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.40 | $15.93 | $15.79 | $16.06 | $16.26 |
Net investment income1 | 0.39 | 0.35 | 0.34 | 0.36 | 0.42 |
Net realized and unrealized gain (loss) on investments | 0.46 | (0.48) | 0.18 | (0.23) | (0.05) |
Total from investment operations | 0.85 | (0.13) | 0.52 | 0.13 | 0.37 |
Less distributions | |||||
From net investment income | (0.42) | (0.40) | (0.38) | (0.40) | (0.52) |
From net realized gain | — | — | — | — | (0.05) |
Total distributions | (0.42) | (0.40) | (0.38) | (0.40) | (0.57) |
Net asset value, end of period | $15.83 | $15.40 | $15.93 | $15.79 | $16.06 |
Total return (%)2,3 | 5.66 | (0.87) | 3.35 | 0.88 | 2.31 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $7 | $11 | $16 | $23 | $28 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.48 | 1.51 | 1.59 | 1.63 | 1.64 |
Expenses including reductions | 1.48 | 1.49 | 1.53 | 1.57 | 1.59 |
Net investment income | 2.51 | 2.22 | 2.14 | 2.32 | 2.57 |
Portfolio turnover (%) | 106 | 74 | 984 | 56 | 66 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
4 | Excludes merger activity. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 47 |
CLASS C SHARES Period ended | 5-31-19 | 5-31-18 | 5-31-17 | 5-31-16 | 5-31-15 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.41 | $15.93 | $15.79 | $16.06 | $16.26 |
Net investment income1 | 0.39 | 0.35 | 0.34 | 0.36 | 0.41 |
Net realized and unrealized gain (loss) on investments | 0.46 | (0.47) | 0.18 | (0.23) | (0.04) |
Total from investment operations | 0.85 | (0.12) | 0.52 | 0.13 | 0.37 |
Less distributions | |||||
From net investment income | (0.42) | (0.40) | (0.38) | (0.40) | (0.52) |
From net realized gain | — | — | — | — | (0.05) |
Total distributions | (0.42) | (0.40) | (0.38) | (0.40) | (0.57) |
Net asset value, end of period | $15.84 | $15.41 | $15.93 | $15.79 | $16.06 |
Total return (%)2,3 | 5.66 | (0.80) | 3.35 | 0.88 | 2.31 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $252 | $269 | $299 | $310 | $250 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.48 | 1.51 | 1.59 | 1.63 | 1.64 |
Expenses including reductions | 1.48 | 1.49 | 1.53 | 1.57 | 1.59 |
Net investment income | 2.51 | 2.23 | 2.14 | 2.31 | 2.53 |
Portfolio turnover (%) | 106 | 74 | 984 | 56 | 66 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
4 | Excludes merger activity. |
48 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 5-31-19 | 5-31-18 | 5-31-17 | 5-31-16 | 5-31-15 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.41 | $15.93 | $15.80 | $16.06 | $16.26 |
Net investment income1 | 0.53 | 0.50 | 0.50 | 0.52 | 0.57 |
Net realized and unrealized gain (loss) on investments | 0.47 | (0.47) | 0.17 | (0.22) | (0.04) |
Total from investment operations | 1.00 | 0.03 | 0.67 | 0.30 | 0.53 |
Less distributions | |||||
From net investment income | (0.57) | (0.55) | (0.54) | (0.56) | (0.68) |
From net realized gain | — | — | — | — | (0.05) |
Total distributions | (0.57) | (0.55) | (0.54) | (0.56) | (0.73) |
Net asset value, end of period | $15.84 | $15.41 | $15.93 | $15.80 | $16.06 |
Total return (%)2 | 6.70 | 0.19 | 4.33 | 1.97 | 3.35 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2,928 | $2,236 | $5,385 | $1,367 | $793 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.50 | 0.51 | 0.57 | 0.61 | 0.63 |
Expenses including reductions | 0.49 | 0.49 | 0.51 | 0.56 | 0.57 |
Net investment income | 3.48 | 3.19 | 3.15 | 3.32 | 3.53 |
Portfolio turnover (%) | 106 | 74 | 983 | 56 | 66 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Excludes merger activity. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 49 |
CLASS R2 SHARES Period ended | 5-31-19 | 5-31-18 | 5-31-17 | 5-31-16 | 5-31-15 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.42 | $15.95 | $15.81 | $16.08 | $16.27 |
Net investment income1 | 0.48 | 0.45 | 0.44 | 0.46 | 0.51 |
Net realized and unrealized gain (loss) on investments | 0.47 | (0.49) | 0.18 | (0.23) | (0.02) |
Total from investment operations | 0.95 | (0.04) | 0.62 | 0.23 | 0.49 |
Less distributions | |||||
From net investment income | (0.52) | (0.49) | (0.48) | (0.50) | (0.63) |
From net realized gain | — | — | — | — | (0.05) |
Total distributions | (0.52) | (0.49) | (0.48) | (0.50) | (0.68) |
Net asset value, end of period | $15.85 | $15.42 | $15.95 | $15.81 | $16.08 |
Total return (%)2 | 6.29 | (0.27) | 3.97 | 1.55 | 2.97 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $86 | $83 | $56 | $56 | $39 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.88 | 0.92 | 0.98 | 1.03 | 0.98 |
Expenses including reductions | 0.88 | 0.89 | 0.92 | 0.97 | 0.93 |
Net investment income | 3.11 | 2.84 | 2.75 | 2.92 | 3.16 |
Portfolio turnover (%) | 106 | 74 | 983 | 56 | 66 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Excludes merger activity. |
50 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 5-31-19 | 5-31-18 | 5-31-17 | 5-31-16 | 5-31-151 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.43 | $15.95 | $15.81 | $16.08 | $16.15 |
Net investment income2 | 0.52 | 0.49 | 0.49 | 0.51 | 0.06 |
Net realized and unrealized gain (loss) on investments | 0.47 | (0.48) | 0.17 | (0.22) | (0.03) |
Total from investment operations | 0.99 | 0.01 | 0.66 | 0.29 | 0.03 |
Less distributions | |||||
From net investment income | (0.56) | (0.53) | (0.52) | (0.56) | (0.10) |
Net asset value, end of period | $15.86 | $15.43 | $15.95 | $15.81 | $16.08 |
Total return (%)3 | 6.55 | 0.05 | 4.25 | 1.86 | 0.184 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $44 | $39 | $29 | $—5 | $—5 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.74 | 0.76 | 0.82 | 0.82 | 0.806 |
Expenses including reductions | 0.63 | 0.64 | 0.66 | 0.66 | 0.646 |
Net investment income | 3.36 | 3.09 | 3.09 | 3.24 | 2.216 |
Portfolio turnover (%) | 106 | 74 | 987 | 56 | 668 |
1 | The inception date for Class R4 shares is 3-27-15. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Less than $500,000. |
6 | Annualized. |
7 | Excludes merger activity. |
8 | Portfolio turnover is shown for the period from 6-1-14 to 5-31-15. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 51 |
CLASS R6 SHARES Period ended | 5-31-19 | 5-31-18 | 5-31-17 | 5-31-16 | 5-31-15 |
Per share operating performance | |||||
Net asset value, beginning of period | $15.43 | $15.96 | $15.81 | $16.08 | $16.28 |
Net investment income1 | 0.55 | 0.53 | 0.52 | 0.54 | 0.59 |
Net realized and unrealized gain (loss) on investments | 0.47 | (0.49) | 0.19 | (0.23) | (0.04) |
Total from investment operations | 1.02 | 0.04 | 0.71 | 0.31 | 0.55 |
Less distributions | |||||
From net investment income | (0.59) | (0.57) | (0.56) | (0.58) | (0.70) |
From net realized gain | — | — | — | — | (0.05) |
Total distributions | (0.59) | (0.57) | (0.56) | (0.58) | (0.75) |
Net asset value, end of period | $15.86 | $15.43 | $15.96 | $15.81 | $16.08 |
Total return (%)2 | 6.81 | 0.23 | 4.58 | 2.02 | 3.45 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $6,560 | $5,944 | $529 | $118 | $93 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.39 | 0.42 | 0.48 | 0.52 | 0.54 |
Expenses including reductions | 0.38 | 0.39 | 0.41 | 0.44 | 0.46 |
Net investment income | 3.61 | 3.37 | 3.27 | 3.45 | 3.66 |
Portfolio turnover (%) | 106 | 74 | 983 | 56 | 66 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Excludes merger activity. |
52 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 5-31-19 | 5-31-18 | 5-31-17 | 5-31-161 |
Per share operating performance | ||||
Net asset value, beginning of period | $15.43 | $15.95 | $15.81 | $15.78 |
Net investment income2 | 0.56 | 0.53 | 0.51 | 0.41 |
Net realized and unrealized gain (loss) on investments | 0.47 | (0.48) | 0.19 | 0.06 |
Total from investment operations | 1.03 | 0.05 | 0.70 | 0.47 |
Less distributions | ||||
From net investment income | (0.60) | (0.57) | (0.56) | (0.44) |
Net asset value, end of period | $15.86 | $15.43 | $15.95 | $15.81 |
Total return (%)3 | 6.83 | 0.30 | 4.51 | 3.034 |
Ratios and supplemental data | ||||
Net assets, end of period (in millions) | $4,461 | $1,959 | $1,862 | $2 |
Ratios (as a percentage of average net assets): | ||||
Expenses before reductions | 0.37 | 0.40 | 0.46 | 0.505 |
Expenses including reductions | 0.37 | 0.38 | 0.41 | 0.445 |
Net investment income | 3.63 | 3.34 | 3.28 | 3.445 |
Portfolio turnover (%) | 106 | 74 | 986 | 567 |
1 | The inception date for Class NAV shares is 8-31-15. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Annualized. |
6 | Excludes merger activity. |
7 | The portfolio turnover is shown for the period from 6-1-15 to 5-31-16. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 53 |
Notes to financial statements |
54 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
Total value at 5-31-19 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $6,370,297,312 | — | $6,370,297,312 | — |
Foreign government obligations | 77,558,043 | — | 77,558,043 | — |
Corporate bonds | 6,754,674,975 | — | 6,754,674,975 | — |
Capital preferred securities | 4,240,390 | — | 4,240,390 | — |
Term loans | 31,258,420 | — | 31,258,420 | — |
Collateralized mortgage obligations | 898,404,372 | — | 898,404,372 | — |
Asset backed securities | 1,572,003,334 | — | 1,572,003,334 | — |
Preferred securities | 37,601,737 | $35,141,029 | 2,460,708 | — |
Securities lending collateral | 163,520,202 | 163,520,202 | — | — |
Short-term investments | 284,248,000 | — | 284,248,000 | — |
Total investments in securities | $16,193,806,785 | $198,661,231 | $15,995,145,554 | — |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 55 |
56 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 57 |
58 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
May 31, 2019 | May 31, 2018 | |
Ordinary Income | $506,536,093 | $388,938,384 |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 59 |
Class | Expense reduction |
Class A | $115,847 |
Class B | 656 |
Class C | 19,382 |
Class I | 181,392 |
Class R2 | 6,096 |
Class | Expense reduction |
Class R4 | $3,097 |
Class R6 | 469,598 |
Class NAV | 241,018 |
Total | $1,037,086 |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.30% | — |
Class B | 1.00% | — |
Class C | 1.00% | — |
Class | Rule 12b-1 Fee | Service fee |
Class R2 | 0.25% | 0.25% |
Class R4 | 0.25% | 0.10% |
60 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $4,476,713 | $1,669,743 |
Class B | 83,829 | 9,358 |
Class C | 2,491,311 | 278,588 |
Class I | — | 3,000,550 |
Class R2 | 391,060 | 10,140 |
Class R4 | 139,140 | 5,145 |
Class R6 | — | 781,712 |
Total | $7,582,053 | $5,755,236 |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 61 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $ 4,350,292 | 2 | 2.354% | $569 |
Year Ended 5-31-19 | Year Ended 5-31-18 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 26,954,829 | $416,858,752 | 21,887,726 | $345,828,099 |
Distributions reinvested | 3,200,787 | 49,262,981 | 2,911,368 | 45,902,001 |
Repurchased | (20,121,476) | (308,683,359) | (21,867,479) | (344,905,160) |
Net increase | 10,034,140 | $157,438,374 | 2,931,615 | $46,824,940 |
Class B shares | ||||
Sold | 4,653 | $70,739 | 18,927 | $300,933 |
Distributions reinvested | 14,133 | 217,216 | 19,758 | 311,910 |
Repurchased | (281,557) | (4,322,775) | (375,320) | (5,927,880) |
Net decrease | (262,771) | $(4,034,820) | (336,635) | $(5,315,037) |
Class C shares | ||||
Sold | 2,701,117 | $41,576,151 | 3,337,080 | $52,866,981 |
Distributions reinvested | 426,403 | 6,560,181 | 443,759 | 6,998,341 |
Repurchased | (4,654,352) | (71,339,295) | (5,083,901) | (80,072,600) |
Net decrease | (1,526,832) | $(23,202,963) | (1,303,062) | $(20,207,278) |
Class I shares | ||||
Sold | 96,960,267 | $1,496,504,211 | 137,277,308 | $2,179,294,701 |
Distributions reinvested | 5,258,651 | 81,006,463 | 7,379,408 | 116,931,943 |
Repurchased | (62,450,126) | (957,926,278) | (337,500,971) | (5,383,274,455) |
Net increase (decrease) | 39,768,792 | $619,584,396 | (192,844,255) | $(3,087,047,811) |
Class R2 shares | ||||
Sold | 1,768,277 | $27,269,421 | 3,610,889 | $56,839,227 |
Distributions reinvested | 151,590 | 2,335,814 | 124,247 | 1,959,971 |
Repurchased | (1,912,822) | (29,407,872) | (1,853,119) | (29,292,890) |
Net increase | 7,045 | $197,363 | 1,882,017 | $29,506,308 |
62 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
Year Ended 5-31-19 | Year Ended 5-31-18 | |||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 622,397 | $9,616,684 | 919,612 | $14,521,270 |
Distributions reinvested | 93,146 | 1,435,800 | 70,959 | 1,118,738 |
Repurchased | (505,533) | (7,766,948) | (284,985) | (4,500,543) |
Net increase | 210,010 | $3,285,536 | 705,586 | $11,139,465 |
Class R6 shares | ||||
Sold | 101,956,557 | $1,572,817,631 | 378,518,553 | $6,030,978,006 |
Distributions reinvested | 15,084,491 | 232,593,564 | 8,596,941 | 134,873,802 |
Repurchased | (88,632,863) | (1,360,912,144) | (35,123,174) | (550,078,548) |
Net increase | 28,408,185 | $444,499,051 | 351,992,320 | $5,615,773,260 |
Class NAV shares | ||||
Sold | 190,488,426 | $2,904,904,253 | 18,515,154 | $295,495,392 |
Distributions reinvested | 7,984,258 | 123,286,684 | 4,570,902 | 72,157,128 |
Repurchased | (44,157,186) | (677,546,817) | (12,844,953) | (202,142,010) |
Net increase | 154,315,498 | $2,350,644,120 | 10,241,103 | $165,510,510 |
Total net increase | 230,954,067 | $3,548,411,057 | 173,268,689 | $2,756,184,357 |
Dividends and distributions | |||||||||
Affiliate | Beginning share amount | Shares purchased | Shares sold | Ending share amount | Income distributions received | Capital gain distributions received | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Ending value |
John Hancock Collateral Trust * | — | 234,631,789 | (218,291,207) | 16,340,582 | — | — | $(6,671) | $29,220 | $163,520,202 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 63 |
Portfolio | Affiliated Concentration |
JHF II Multimanager Lifestyle Balanced Portfolio | 5.4% |
JHVIT Managed Volatility Balanced Portfolio | 5.3% |
64 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
| | 65 |
66 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
This chart provides information about the Trustees and Officers who oversee your John Hancock fund. Officers elected by the Trustees manage the day-to-day operations of the fund and execute policies formulated by the Trustees.
Independent Trustees
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2012 | 211 |
Trustee and Chairperson of the Board Director/Trustee, Virtus Funds (since 2008); Director, The Barnes Group (since 2010); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. |
Charles L. Bardelis,2 Born: 1941 | 2012 | 211 |
Trustee Director, Island Commuter Corp. (marine transport). Trustee of various trusts within the John Hancock Fund Complex (since 1988). |
James R. Boyle,Born: 1959 | 2015 | 211 |
Trustee Chief Executive Officer, Foresters Financial (since 2018); Chairman and Chief Executive Officer, Zillion Group, Inc. (formerly HealthFleet, Inc.) (healthcare) (2014-2018); Executive Vice President and Chief Executive Officer, U.S. Life Insurance Division of Genworth Financial, Inc. (insurance) (January 2014-July 2014); Senior Executive Vice President, Manulife Financial, President and Chief Executive Officer, John Hancock (1999-2012); Chairman and Director, John Hancock Investment Management LLC, John Hancock Investment Management Distributors LLC, and John Hancock Variable Trust Advisers LLC (2005-2010). Trustee of various trusts within the John Hancock Fund Complex (2005-2014 and since 2015). |
Peter S. Burgess,2 Born: 1942 | 2012 | 211 |
Trustee Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (since 2004); Director, Symetra Financial Corporation (2010-2016); Director, PMA Capital Corporation (2004-2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). |
William H. Cunningham, Born: 1944 | 2005 | 211 |
Trustee Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Chairman (since 2009) and Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000); former Director, LIN Television (2009-2014). Trustee of various trusts within the John Hancock Fund Complex (since 1986). |
Grace K. Fey, Born: 1946 | 2012 | 211 |
Trustee Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988-2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Independent Trustees (continued)
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Theron S. Hoffman,2 Born: 1947 | 2012 | 211 |
Trustee Chief Executive Officer, T. Hoffman Associates, LLC (consulting firm) (since 2003); Director, The Todd Organization (consulting firm) (2003-2010); President, Westport Resources Management (investment management consulting firm) (2006-2008); Board Member, Senior Managing Director, Partner, and Operating Head, Putnam Investments (2000-2003); Executive Vice President, The Thomson Corp. (financial and legal information publishing) (1997-2000). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Deborah C. Jackson, Born: 1952 | 2008 | 211 |
Trustee President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, National Association of Corporate Directors/New England (since 2015); Board of Directors, Association of Independent Colleges and Universities of Massachusetts (since 2014); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002-2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of American Student Assistance Corporation (1996-2009); Board of Directors of Boston Stock Exchange (2002-2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007-2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
James M. Oates, Born: 1946 | 2012 | 211 |
Trustee Managing Director, Wydown Group (financial consulting firm) (since 1994); Chairman and Director, Emerson Investment Management, Inc. (2000-2015); Independent Chairman, Hudson Castle Group, Inc. (formerly IBEX Capital Markets, Inc.) (financial services company) (1997-2011); Director, Stifel Financial (since 1996); Director, Investor Financial Services Corporation (1995-2007); Director, Connecticut River Bancorp (1998-2014); Director/Trustee, Virtus Funds (since 1988). Trustee (since 2004) and Chairperson of the Board (2005-2016) of various trusts within the John Hancock Fund Complex. |
Steven R. Pruchansky, Born: 1944 | 2005 | 211 |
Trustee and Vice Chairperson of the Board Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (since 2000); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011-2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. |
Gregory A. Russo, Born: 1949 | 2009 | 211 |
Trustee Director and Audit Committee Chairman (since 2012), and Member, Audit Committee and Finance Committee (since 2011), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (since 2012) and Finance Committee Chairman (since 2014), The Moorings, Inc. (nonprofit continuing care community); Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002-2006); Vice Chairman, Industrial Markets, KPMG (1998-2002); Chairman and Treasurer, Westchester County, New York, Chamber of Commerce (1986-1992); Director, Treasurer, and Chairman of Audit and Finance Committees, Putnam Hospital Center (1989-1995); Director and Chairman of Fundraising Campaign, United Way of Westchester and Putnam Counties, New York (1990-1995). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 211 |
President and Non-Independent Trustee Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Executive Vice President, John Hancock Financial Services (since 2009, including prior positions); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). |
Marianne Harrison, Born: 1963 | 2018 | 211 |
Non-Independent Trustee President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013-2017); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (since 2017); Member, Board of Directors, Manulife Assurance Canada (since 2015); Board Member, St. Mary's General Hospital Foundation (since 2014); Member, Board of Directors, Manulife Bank of Canada (since 2013); Member, Standing Committee of the Canadian Life & Health Assurance Association (since 2013); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012-2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). |
Principal officers who are not Trustees
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Officer of the Trust since |
Francis V. Knox, Jr.,Born: 1947 | 2005 |
Chief Compliance Officer Vice President, John Hancock Financial Services (since 2005); Chief Compliance Officer, various trusts within the John Hancock Fund Complex, John Hancock Investment Management LLC, and John Hancock Variable Trust Advisers LLC (since 2005). |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). |
Salvatore Schiavone, Born: 1965 | 2010 |
Treasurer Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). |
Principal officers who are notTrustees (continued)
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Officer of the Trust since | |
Christopher (Kit) Sechler,Born: 1973 | 2018 | |
Chief Legal Officer and Secretary Vice President and Deputy Chief Counsel, John Hancock Investments (since 2015); Assistant Vice President and Senior Counsel (2009-2015), John Hancock Investments; Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2018); Assistant Secretary of John Hancock Investment Management, LLC and John Hancock Variable Trust Advisers LLC (since 2009). |
The business address for all Trustees and Officers is 200 Berkeley Street, Boston, Massachusetts 02116-5023.
The Statement of Additional Information of the fund includes additional information about members of the Board of Trustees of the Trust and is available without charge, upon request, by calling 800-225-5291.
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee's death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler** | Investment advisor John Hancock Investment Management LLC Subadvisor Manulife Investment Management (US) LLC Portfolio Managers Jeffrey N. Given, CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP Independent registered public accounting firm PricewaterhouseCoopers LLP |
* Member of the Audit Committee
† Non-Independent Trustee
# Effective 6-19-18
** Effective 9-13-18
The fund's proxy voting policies and procedures, as well as the fund 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) website at sec.gov or on our website.
All of the fund's holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund's Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your fund, as well asmonthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core Fundamental Large Cap Value New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth Value Equity GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Spectrum Income Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Disciplined Alternative Yield Global Absolute Return Strategies Infrastructure Seaport Long/Short |
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investments at 800-225-5291, or visit our website at jhinvestments.com. Please read the prospectus carefully before investing or sending money.
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed
from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP.
Foreside is not affiliated with John Hancock Funds, LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the
John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no
representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager
representing one of America's most trusted brands, with a heritage of
financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why
we support the role of professional financial advice and operate with
the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach:
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide
a diverse set of investments backed by some of the world's best
managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors, LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Bond Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF876845 | 21A 5/19 7/19 |
ITEM 2. CODE OF ETHICS.
As of the end of the year, May 31, 2019, the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its Chief Executive Officer, Chief Financial Officer and Treasurer (respectively, the principal executive officer, the principal financial officer and the principal accounting officer, the “Covered Officers”). A copy of the code of ethics is filed as an exhibit to this Form N-CSR.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Peter S. Burgess is the audit committee financial expert and is “independent”, pursuant to general instructions on Form N-CSR Item 3.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) Audit Fees
The aggregate fees billed for professional services rendered by the principal accountant for the audits of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements amounted to the following for the fiscal years ended May 31, 2019 and 2018. These fees were billed to the registrant and were approved by the registrant’s audit committee.
Fund | May 31, 2019 | May 31, 2018 | ||
John Hancock Bond Fund | $ | 59,487 | $ | 60,987 |
(b) Audit-Related Services
Audit-related fees for assurance and related services by the principal accountant are billed to the registrant or to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser ("control affiliates") that provides ongoing services to the registrant. The nature of the services provided was affiliated service provider internal controls reviews. Additionally, amounts billed to control affiliates were $113,000 and $110,200 for the fiscal years ended May 31, 2019 and 2018, respectively.
Fund | May 31, 2019 | May 31, 2018 | ||
John Hancock Bond Fund | $ | 571 | $ | 540 |
(c) Tax Fees
The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning (“tax fees”) amounted to the following for the fiscal years ended May 31, 2019 and 2018. The nature of the services comprising the tax fees was the review of the registrant’s tax returns and tax distribution requirements. These fees were billed to the registrant and were approved by the registrant’s audit committee.
Fund | May 31, 2019 | May 31, 2018 | ||
John Hancock Bond Fund | $ | 3,725 | $ | 3,725 |
(d) All Other Fees
The nature of the services comprising all other fees is attestation services surrounding merger activity. Other fees billed for professional services rendered by the principal accountant to the registrant or to the control affiliates for the fiscal years ended May 31, 2019 and 2018 amounted to the following:
Fund | May 31, 2019 | May 31, 2018 | ||
John Hancock Bond Fund | $ | 89 | $ | 234 |
(e)(1) Audit Committee Pre-Approval Policies and Procedures:
The trust’s Audit Committee must pre-approve all audit and non-audit services provided by the independent registered public accounting firm (the “Auditor”) relating to the operations or financial reporting of the funds. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.
The trust’s Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee’s consideration of audit-related and non-audit services by the Auditor. The policies and procedures require that any audit-related and non-audit service provided by the Auditor and any non-audit service provided by the Auditor to a fund service provider that relates directly to the operations and financial reporting of a fund are subject to approval by the Audit Committee before such service is provided. Audit-related services provided by the Auditor that are expected to exceed $25,000 per year/per fund are subject to specific pre-approval by the Audit Committee. Tax services provided by the Auditor that are expected to exceed $30,000 per year/per fund are subject to specific pre-approval by the Audit Committee.
All audit services, as well as the audit-related and non-audit services that are expected to exceed the amounts stated above, must be approved in advance of provision of the service by formal resolution of the Audit Committee. At the regularly scheduled Audit Committee meetings, the Committee reviews a report summarizing the services, including fees, provided by the Auditor.
(e)(2) Services approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X:
Audit-Related Fees, Tax Fees and All Other Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.
(f) According to the registrant’s principal accountant for the fiscal year ended May 31, 2019, the percentage of hours spent on the audit of the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons who were not full-time, permanent employees of principal accountant was less than 50%.
(g) The aggregate non-audit fees billed by the registrant’s principal accountant for non-audit services rendered to the registrant and rendered to the registrant's control affiliates for the fiscal years ended May 31, 2019 and 2018 amounted to the following:
Trust | May 31, 2019 | May 31, 2018 | ||
John Hancock Sovereign Bond Fund | $ | 919,444 | $ | 6,716,119 |
(h) The audit committee of the registrant has considered the non-audit services provided by the registrant’s principal accountant to the control affiliates and has determined that the services that were not pre-approved are compatible with maintaining the principal accountant’s independence.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
The registrant has a separately-designated standing audit committee comprised of independent trustees. The members of the audit committee are as follows:
Peter S. Burgess - Chairman
Charles L. Bardelis
Theron S. Hoffman
ITEM 6. SCHEDULE OF INVESTMENTS.
(a) Not applicable.
(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. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
The registrant has adopted procedures by which shareholders may recommend nominees to the registrant’s Board of Trustees. A copy of the procedures is filed as an exhibit to this Form N-CSR. See attached “John Hancock Funds – Nominating, Governance and Administration Committee Charter”.
ITEM 11. CONTROLS AND PROCEDURES.
(a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.
(b) There were no changes in the registrant’s internal control over financial reporting that occurred during the fourth fiscal quarter of the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.: Not applicable.
ITEM 13. EXHIBITS.
(a)(1) Code of Ethics for Covered Officers is attached.
(a)(2) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 30a-2(a) under the Investment Company Act of 1940, are attached.
(b)(1) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and Rule 30a-2(b) under the Investment Company Act of 1940, are attached. The certifications furnished pursuant to this paragraph are not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section. Such certifications are not deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent that the Registrant specifically incorporates them by reference.
(c)(1) Submission of Matters to a Vote of Security Holders is attached. See attached “John Hancock Funds – Nominating, Governance and Administration Committee Charter”.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the InvestmentCompany Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
John Hancock Sovereign Bond Fund
By: | /s/ Andrew Arnott | |
Andrew Arnott | ||
President | ||
Date: | July 22, 2019 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Andrew Arnott | |
Andrew Arnott | ||
President | ||
Date: | July 22, 2019 |
By: | /s/ Charles A. Rizzo | |
Charles A. Rizzo | ||
Chief Financial Officer | ||
Date: | July 22, 2019 |