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 number 811-02402
John Hancock Sovereign Bond Fund (Exact name of registrant as specified in charter)
200 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: 617-543-9634
Date of fiscal year end: | May 31 |
Date of reporting period: | November 30, 2021 |
ITEM 1. REPORTS TO STOCKHOLDERS.
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
2 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 3 |
COUNTRY COMPOSITION AS OF 11/30/2021 (% of net assets) | |
United States | 88.7 |
United Kingdom | 1.6 |
Canada | 1.5 |
Ireland | 1.2 |
Other countries | 7.0 |
TOTAL | 100.0 |
4 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | ||||||
1-year | 5-year | 10-year | 6-month | 5-year | 10-year | as of 11-30-21 | as of 11-30-21 | ||
Class A | -3.99 | 3.50 | 4.06 | -3.00 | 18.75 | 48.88 | 1.78 | 1.77 | |
Class C | -1.68 | 3.62 | 3.76 | -0.31 | 19.44 | 44.62 | 1.16 | 1.15 | |
Class I1 | 0.28 | 4.65 | 4.82 | 1.13 | 25.52 | 60.05 | 2.16 | 2.15 | |
Class R21,2 | -0.06 | 4.24 | 4.44 | 1.00 | 23.08 | 54.45 | 1.77 | 1.76 | |
Class R41,2 | 0.14 | 4.50 | 4.60 | 1.06 | 24.63 | 56.86 | 2.02 | 1.91 | |
Class R61 | 0.39 | 4.77 | 4.94 | 1.25 | 26.26 | 62.02 | 2.26 | 2.25 | |
Class NAV1,2 | 0.39 | 4.77 | 4.76 | 1.19 | 26.25 | 59.19 | 2.27 | 2.26 | |
Index†† | -1.15 | 3.65 | 3.04 | 1.02 | 19.64 | 34.88 | — | — |
Class A | Class C | Class I | Class R2 | Class R4 | Class R6 | Class NAV | |
Gross (%) | 0.78 | 1.48 | 0.48 | 0.87 | 0.72 | 0.37 | 0.36 |
Net (%) | 0.77 | 1.47 | 0.47 | 0.86 | 0.61 | 0.36 | 0.35 |
SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 5 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C3 | 11-30-11 | 14,462 | 14,462 | 13,488 |
Class I1 | 11-30-11 | 16,005 | 16,005 | 13,488 |
Class R21,2 | 11-30-11 | 15,445 | 15,445 | 13,488 |
Class R41,2 | 11-30-11 | 15,686 | 15,686 | 13,488 |
Class R61 | 11-30-11 | 16,202 | 16,202 | 13,488 |
Class NAV1,2 | 11-30-11 | 15,919 | 15,919 | 13,488 |
1 | For certain types of investors, as described in the fund’s prospectuses. |
2 | Class R2 shares were first offered on 3-1-12; Class R4 shares were first offered on 3-27-15; Class NAV shares were first offered on 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. |
3 | The contingent deferred sales charge is not applicable. |
6 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 7 |
Account value on 6-1-2021 | Ending value on 11-30-2021 | Expenses paid during period ended 11-30-20211 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,010.40 | $3.83 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.30 | 3.85 | 0.76% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,006.90 | 7.35 | 1.46% |
Hypothetical example | 1,000.00 | 1,017.70 | 7.38 | 1.46% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,011.30 | 2.32 | 0.46% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.33 | 0.46% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,010.00 | 4.28 | 0.85% |
Hypothetical example | 1,000.00 | 1,020.80 | 4.31 | 0.85% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,010.60 | 3.02 | 0.60% |
Hypothetical example | 1,000.00 | 1,022.10 | 3.04 | 0.60% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,012.50 | 1.77 | 0.35% |
Hypothetical example | 1,000.00 | 1,023.30 | 1.78 | 0.35% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 1,011.90 | 1.71 | 0.34% |
Hypothetical example | 1,000.00 | 1,023.40 | 1.72 | 0.34% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 183/365 (to reflect the one-half year period). |
8 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government and Agency obligations 30.0% | $7,556,115,460 | ||||
(Cost $7,449,014,884) | |||||
U.S. Government 16.1% | 4,052,479,551 | ||||
U.S. Treasury | |||||
Bond | 1.875 | 11-15-51 | 96,520,000 | 98,420,238 | |
Bond | 2.000 | 11-15-41 | 908,287,000 | 930,994,175 | |
Bond | 2.000 | 08-15-51 | 1,006,399,700 | 1,053,889,150 | |
Bond | 2.250 | 08-15-49 | 47,185,000 | 51,872,166 | |
Bond | 2.500 | 02-15-45 | 182,054,000 | 203,964,483 | |
Bond | 3.125 | 11-15-41 | 237,343,000 | 288,983,644 | |
Note | 0.250 | 09-30-23 | 410,201,000 | 408,326,254 | |
Note | 0.250 | 06-15-24 | 202,825,000 | 200,368,915 | |
Note | 0.375 | 10-31-23 | 140,905,000 | 140,519,712 | |
Note | 0.375 | 08-15-24 | 46,725,000 | 46,246,799 | |
Note | 0.625 | 10-15-24 | 72,810,000 | 72,445,950 | |
Note | 1.250 | 11-30-26 | 32,949,000 | 33,095,726 | |
Note | 1.375 | 11-15-31 | 378,544,000 | 376,237,248 | |
Note | 1.500 | 11-30-28 | 145,839,000 | 147,115,091 | |
U.S. Government Agency 13.9% | 3,503,635,909 | ||||
Federal Home Loan Mortgage Corp. | |||||
30 Yr Pass Thru | 2.000 | 09-01-50 | 142,837,590 | 143,508,899 | |
30 Yr Pass Thru | 2.000 | 11-01-50 | 27,218,914 | 27,372,355 | |
30 Yr Pass Thru | 2.500 | 09-01-50 | 32,900,228 | 33,841,171 | |
30 Yr Pass Thru | 2.500 | 10-01-50 | 154,420,724 | 159,199,057 | |
30 Yr Pass Thru | 3.000 | 03-01-43 | 4,139,283 | 4,420,141 | |
30 Yr Pass Thru | 3.000 | 12-01-45 | 13,536,456 | 14,404,167 | |
30 Yr Pass Thru | 3.000 | 05-01-46 | 2,557,214 | 2,725,132 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 5,842,406 | 6,204,135 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 4,509,329 | 4,787,676 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 7,934,387 | 8,395,885 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 58,386,627 | 62,038,086 | |
30 Yr Pass Thru | 3.000 | 12-01-46 | 44,359,264 | 46,814,629 | |
30 Yr Pass Thru | 3.000 | 12-01-46 | 10,347,035 | 11,013,532 | |
30 Yr Pass Thru | 3.000 | 04-01-47 | 28,915,868 | 30,579,667 | |
30 Yr Pass Thru | 3.000 | 09-01-49 | 15,761,814 | 16,493,768 | |
30 Yr Pass Thru | 3.000 | 10-01-49 | 19,315,821 | 20,201,650 | |
30 Yr Pass Thru | 3.000 | 12-01-49 | 20,749,128 | 21,529,509 | |
30 Yr Pass Thru | 3.000 | 01-01-50 | 15,684,291 | 16,435,926 | |
30 Yr Pass Thru | 3.000 | 02-01-50 | 10,413,802 | 10,916,115 | |
30 Yr Pass Thru | 3.500 | 06-01-42 | 3,158,305 | 3,402,870 | |
30 Yr Pass Thru | 3.500 | 04-01-44 | 4,437,851 | 4,812,183 | |
30 Yr Pass Thru | 3.500 | 05-01-45 | 7,327,181 | 7,871,669 | |
30 Yr Pass Thru | 3.500 | 08-01-46 | 43,462,511 | 46,746,569 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 9 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.500 | 09-01-46 | 10,035,891 | $10,728,350 | |
30 Yr Pass Thru | 3.500 | 10-01-46 | 1,993,192 | 2,127,060 | |
30 Yr Pass Thru | 3.500 | 10-01-46 | 16,552,521 | 17,812,941 | |
30 Yr Pass Thru | 3.500 | 11-01-46 | 5,626,202 | 6,012,642 | |
30 Yr Pass Thru | 3.500 | 11-01-46 | 6,003,986 | 6,431,384 | |
30 Yr Pass Thru | 3.500 | 12-01-46 | 7,691,212 | 8,243,524 | |
30 Yr Pass Thru | 3.500 | 01-01-47 | 5,308,258 | 5,704,377 | |
30 Yr Pass Thru | 3.500 | 02-01-47 | 7,303,791 | 7,794,330 | |
30 Yr Pass Thru | 3.500 | 04-01-47 | 9,725,101 | 10,453,858 | |
30 Yr Pass Thru | 3.500 | 09-01-47 | 24,794,360 | 26,536,119 | |
30 Yr Pass Thru | 4.000 | 01-01-41 | 7,310,690 | 7,969,077 | |
30 Yr Pass Thru | 4.000 | 03-01-42 | 3,955,586 | 4,302,174 | |
30 Yr Pass Thru | 4.000 | 11-01-43 | 2,874,150 | 3,142,150 | |
30 Yr Pass Thru | 4.000 | 01-01-47 | 7,562,447 | 8,265,242 | |
30 Yr Pass Thru | 4.000 | 03-01-47 | 22,476,100 | 24,312,000 | |
30 Yr Pass Thru | 4.000 | 04-01-47 | 9,182,137 | 9,981,294 | |
30 Yr Pass Thru | 4.000 | 05-01-47 | 7,415,359 | 8,060,746 | |
30 Yr Pass Thru | 4.000 | 10-01-47 | 12,479,603 | 13,500,722 | |
30 Yr Pass Thru | 4.000 | 03-01-48 | 3,606,611 | 3,882,668 | |
30 Yr Pass Thru | 4.000 | 07-01-48 | 21,562,490 | 23,330,502 | |
30 Yr Pass Thru | 4.000 | 08-01-48 | 11,044,246 | 11,917,892 | |
30 Yr Pass Thru | 5.500 | 11-01-39 | 2,568,090 | 2,957,755 | |
Federal National Mortgage Association | |||||
30 Yr Pass Thru (A) | 2.000 | TBA | 182,181,000 | 182,345,746 | |
30 Yr Pass Thru | 2.000 | 09-01-50 | 40,121,061 | 40,309,622 | |
30 Yr Pass Thru | 2.000 | 09-01-50 | 22,919,834 | 22,990,308 | |
30 Yr Pass Thru | 2.000 | 09-01-50 | 22,228,431 | 22,332,900 | |
30 Yr Pass Thru | 2.000 | 10-01-50 | 27,941,432 | 28,072,751 | |
30 Yr Pass Thru | 2.000 | 11-01-50 | 41,467,044 | 41,653,509 | |
30 Yr Pass Thru (6 month LIBOR + 2.122%) (B) | 2.372 | 07-01-33 | 330 | 342 | |
30 Yr Pass Thru (A) | 2.500 | TBA | 709,224,000 | 726,954,600 | |
30 Yr Pass Thru | 2.500 | 08-01-50 | 33,073,455 | 34,065,860 | |
30 Yr Pass Thru | 2.500 | 08-01-50 | 35,688,114 | 36,792,432 | |
30 Yr Pass Thru | 2.500 | 09-01-50 | 141,893,468 | 146,395,024 | |
30 Yr Pass Thru | 2.500 | 09-01-50 | 15,017,237 | 15,460,807 | |
30 Yr Pass Thru | 2.500 | 09-01-50 | 76,820,610 | 79,125,697 | |
30 Yr Pass Thru | 3.000 | 07-01-42 | 2,478,100 | 2,624,156 | |
30 Yr Pass Thru | 3.000 | 10-01-42 | 3,860,143 | 4,075,591 | |
30 Yr Pass Thru | 3.000 | 10-01-42 | 2,274,338 | 2,401,276 | |
30 Yr Pass Thru | 3.000 | 04-01-43 | 1,769,058 | 1,873,324 | |
30 Yr Pass Thru | 3.000 | 12-01-45 | 20,126,030 | 21,192,727 | |
30 Yr Pass Thru | 3.000 | 08-01-46 | 30,588,603 | 32,353,211 | |
30 Yr Pass Thru | 3.000 | 08-01-46 | 22,326,651 | 23,614,640 | |
30 Yr Pass Thru | 3.000 | 09-01-46 | 3,100,205 | 3,290,095 |
10 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.000 | 10-01-46 | 2,165,474 | $2,298,111 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 17,121,993 | 17,938,513 | |
30 Yr Pass Thru | 3.000 | 01-01-47 | 20,149,002 | 21,374,331 | |
30 Yr Pass Thru | 3.000 | 02-01-47 | 11,768,129 | 12,527,919 | |
30 Yr Pass Thru | 3.000 | 10-01-47 | 23,934,291 | 25,300,063 | |
30 Yr Pass Thru | 3.000 | 11-01-47 | 25,212,115 | 26,666,561 | |
30 Yr Pass Thru | 3.000 | 11-01-48 | 45,452,040 | 47,591,168 | |
30 Yr Pass Thru | 3.000 | 11-01-48 | 15,867,265 | 16,698,327 | |
30 Yr Pass Thru | 3.000 | 09-01-49 | 21,303,240 | 22,292,528 | |
30 Yr Pass Thru | 3.000 | 09-01-49 | 35,617,981 | 37,561,419 | |
30 Yr Pass Thru | 3.000 | 10-01-49 | 10,824,186 | 11,235,178 | |
30 Yr Pass Thru | 3.000 | 10-01-49 | 39,982,778 | 42,014,439 | |
30 Yr Pass Thru | 3.000 | 11-01-49 | 24,598,660 | 25,940,846 | |
30 Yr Pass Thru | 3.000 | 11-01-49 | 27,462,931 | 28,779,031 | |
30 Yr Pass Thru | 3.000 | 11-01-49 | 21,486,759 | 22,484,570 | |
30 Yr Pass Thru | 3.000 | 11-01-49 | 26,082,998 | 27,074,175 | |
30 Yr Pass Thru | 3.000 | 12-01-49 | 25,616,418 | 26,795,998 | |
30 Yr Pass Thru | 3.000 | 01-01-50 | 21,739,766 | 22,704,148 | |
30 Yr Pass Thru | 3.500 | 11-01-40 | 1,280,182 | 1,375,306 | |
30 Yr Pass Thru | 3.500 | 06-01-42 | 1,192,670 | 1,284,547 | |
30 Yr Pass Thru | 3.500 | 08-01-42 | 2,737,067 | 2,947,916 | |
30 Yr Pass Thru | 3.500 | 06-01-43 | 11,316,332 | 12,205,766 | |
30 Yr Pass Thru | 3.500 | 07-01-43 | 3,390,240 | 3,656,703 | |
30 Yr Pass Thru | 3.500 | 07-01-43 | 3,523,061 | 3,799,964 | |
30 Yr Pass Thru | 3.500 | 01-01-45 | 2,388,527 | 2,591,187 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 7,488,044 | 8,041,484 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 1,939,241 | 2,082,570 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 8,280,556 | 8,892,570 | |
30 Yr Pass Thru | 3.500 | 01-01-46 | 21,816,436 | 23,524,331 | |
30 Yr Pass Thru | 3.500 | 02-01-46 | 14,059,058 | 14,983,930 | |
30 Yr Pass Thru | 3.500 | 07-01-46 | 10,631,005 | 11,287,175 | |
30 Yr Pass Thru | 3.500 | 07-01-46 | 4,908,720 | 5,245,445 | |
30 Yr Pass Thru | 3.500 | 08-01-46 | 22,975,963 | 24,609,492 | |
30 Yr Pass Thru | 3.500 | 02-01-47 | 25,122,399 | 26,892,833 | |
30 Yr Pass Thru | 3.500 | 03-01-47 | 30,858,348 | 33,148,726 | |
30 Yr Pass Thru | 3.500 | 05-01-47 | 18,176,921 | 19,560,136 | |
30 Yr Pass Thru | 3.500 | 07-01-47 | 34,751,057 | 37,330,360 | |
30 Yr Pass Thru | 3.500 | 08-01-47 | 23,787,760 | 25,508,741 | |
30 Yr Pass Thru | 3.500 | 11-01-47 | 28,935,848 | 30,941,114 | |
30 Yr Pass Thru | 3.500 | 12-01-47 | 13,993,563 | 14,919,593 | |
30 Yr Pass Thru | 3.500 | 01-01-48 | 22,869,264 | 24,382,646 | |
30 Yr Pass Thru | 3.500 | 03-01-48 | 5,930,711 | 6,386,192 | |
30 Yr Pass Thru | 3.500 | 03-01-48 | 12,987,026 | 13,703,388 | |
30 Yr Pass Thru | 3.500 | 03-01-49 | 3,547,939 | 3,782,725 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.500 | 06-01-49 | 23,384,553 | $24,866,266 | |
30 Yr Pass Thru | 3.500 | 09-01-49 | 7,348,337 | 7,728,984 | |
30 Yr Pass Thru | 3.500 | 12-01-49 | 39,999,500 | 42,046,491 | |
30 Yr Pass Thru | 3.500 | 02-01-50 | 34,881,420 | 36,666,491 | |
30 Yr Pass Thru | 4.000 | 09-01-40 | 3,294,711 | 3,591,741 | |
30 Yr Pass Thru | 4.000 | 09-01-40 | 4,583,221 | 4,995,492 | |
30 Yr Pass Thru | 4.000 | 11-01-40 | 1,478,183 | 1,611,237 | |
30 Yr Pass Thru | 4.000 | 12-01-40 | 1,824,791 | 1,989,007 | |
30 Yr Pass Thru | 4.000 | 01-01-41 | 2,777,146 | 3,028,555 | |
30 Yr Pass Thru | 4.000 | 09-01-41 | 4,028,927 | 4,392,841 | |
30 Yr Pass Thru | 4.000 | 09-01-41 | 1,886,237 | 2,055,201 | |
30 Yr Pass Thru | 4.000 | 10-01-41 | 1,304,245 | 1,422,175 | |
30 Yr Pass Thru | 4.000 | 01-01-42 | 1,877,919 | 2,046,446 | |
30 Yr Pass Thru | 4.000 | 05-01-42 | 2,548,778 | 2,771,136 | |
30 Yr Pass Thru | 4.000 | 09-01-43 | 5,114,042 | 5,652,889 | |
30 Yr Pass Thru | 4.000 | 10-01-43 | 4,912,688 | 5,401,150 | |
30 Yr Pass Thru | 4.000 | 10-01-43 | 1,844,072 | 2,013,019 | |
30 Yr Pass Thru | 4.000 | 01-01-44 | 3,646,255 | 4,009,936 | |
30 Yr Pass Thru | 4.000 | 12-01-45 | 9,934,809 | 10,813,952 | |
30 Yr Pass Thru | 4.000 | 02-01-46 | 5,181,193 | 5,612,158 | |
30 Yr Pass Thru | 4.000 | 04-01-46 | 6,384,279 | 6,907,334 | |
30 Yr Pass Thru | 4.000 | 06-01-46 | 3,893,292 | 4,212,264 | |
30 Yr Pass Thru | 4.000 | 07-01-46 | 7,859,330 | 8,498,322 | |
30 Yr Pass Thru | 4.000 | 10-01-46 | 2,335,623 | 2,524,788 | |
30 Yr Pass Thru | 4.000 | 01-01-47 | 9,518,195 | 10,386,497 | |
30 Yr Pass Thru | 4.000 | 03-01-47 | 10,392,981 | 11,237,967 | |
30 Yr Pass Thru | 4.000 | 04-01-47 | 10,888,793 | 11,858,138 | |
30 Yr Pass Thru | 4.000 | 11-01-47 | 3,624,001 | 3,907,376 | |
30 Yr Pass Thru | 4.000 | 12-01-47 | 7,329,811 | 7,956,673 | |
30 Yr Pass Thru | 4.000 | 12-01-47 | 4,016,109 | 4,323,807 | |
30 Yr Pass Thru | 4.000 | 09-01-48 | 3,467,735 | 3,745,882 | |
30 Yr Pass Thru | 4.000 | 10-01-48 | 9,782,009 | 10,537,582 | |
30 Yr Pass Thru | 4.000 | 10-01-48 | 12,542,069 | 13,569,623 | |
30 Yr Pass Thru | 4.000 | 01-01-49 | 9,550,234 | 10,216,278 | |
30 Yr Pass Thru | 4.000 | 02-01-49 | 8,030,278 | 8,592,828 | |
30 Yr Pass Thru | 4.000 | 07-01-49 | 15,793,474 | 16,964,024 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 113 | 133 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 91 | 108 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 1,685 | 1,984 | |
30 Yr Pass Thru | 7.000 | 01-01-32 | 56 | 67 | |
30 Yr Pass Thru | 7.000 | 05-01-32 | 106 | 126 | |
30 Yr Pass Thru | 7.000 | 06-01-32 | 35 | 40 | |
30 Yr Pass Thru | 7.500 | 09-01-29 | 37 | 42 | |
30 Yr Pass Thru | 7.500 | 12-01-29 | 44 | 51 |
12 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 7.500 | 01-01-31 | 18 | $21 | |
30 Yr Pass Thru | 7.500 | 05-01-31 | 111 | 129 | |
30 Yr Pass Thru | 7.500 | 08-01-31 | 79 | 87 | |
Government National Mortgage Association | |||||
30 Yr Pass Thru | 5.000 | 04-15-35 | 2,348 | 2,620 | |
30 Yr Pass Thru | 5.000 | 04-15-35 | 1,246 | 1,391 | |
30 Yr Pass Thru | 5.500 | 03-15-35 | 1,968 | 2,217 | |
30 Yr Pass Thru | 6.000 | 03-15-33 | 1,887 | 2,144 | |
30 Yr Pass Thru | 6.000 | 06-15-33 | 553 | 626 | |
30 Yr Pass Thru | 6.500 | 09-15-28 | 89 | 98 | |
30 Yr Pass Thru | 6.500 | 09-15-29 | 101 | 112 | |
30 Yr Pass Thru | 6.500 | 08-15-31 | 171 | 194 | |
30 Yr Pass Thru | 7.000 | 04-15-29 | 462 | 521 | |
30 Yr Pass Thru | 8.000 | 10-15-26 | 242 | 267 | |
Foreign government obligations 0.5% | $128,140,635 | ||||
(Cost $125,575,689) | |||||
Argentina 0.1% | 26,198,317 | ||||
Republic of Argentina Bond (2.500% to 7-9-22, then 3.500% to 7-9-29, then 4.875% thereafter) | 2.500 | 07-09-41 | 84,996,000 | 26,198,317 | |
Qatar 0.2% | 49,686,668 | ||||
State of Qatar | |||||
Bond (C) | 3.375 | 03-14-24 | 24,739,000 | 25,962,838 | |
Bond (C) | 5.103 | 04-23-48 | 17,804,000 | 23,723,830 | |
Saudi Arabia 0.2% | 52,255,650 | ||||
Kingdom of Saudi Arabia Bond (C) | 4.375 | 04-16-29 | 45,688,000 | 52,255,650 | |
Corporate bonds 52.9% | $13,353,054,882 | ||||
(Cost $12,985,883,547) | |||||
Communication services 7.0% | 1,756,318,124 | ||||
Diversified telecommunication services 2.4% | |||||
AT&T, Inc. | 2.300 | 06-01-27 | 18,848,000 | 19,142,194 | |
AT&T, Inc. | 3.100 | 02-01-43 | 109,930,000 | 106,086,225 | |
AT&T, Inc. | 3.500 | 06-01-41 | 36,838,000 | 37,847,492 | |
AT&T, Inc. | 3.650 | 06-01-51 | 8,114,000 | 8,424,569 | |
C&W Senior Financing DAC (C) | 6.875 | 09-15-27 | 20,070,000 | 20,942,672 | |
Cincinnati Bell, Inc. (C) | 7.000 | 07-15-24 | 22,599,000 | 22,994,483 | |
Connect Finco SARL (C) | 6.750 | 10-01-26 | 23,292,000 | 24,281,910 | |
GCI LLC (C) | 4.750 | 10-15-28 | 14,151,000 | 14,484,963 | |
Kenbourne Invest SA (C) | 4.700 | 01-22-28 | 5,139,000 | 4,992,539 | |
Kenbourne Invest SA (C) | 6.875 | 11-26-24 | 8,255,000 | 8,605,838 | |
Level 3 Financing, Inc. (C) | 3.400 | 03-01-27 | 25,465,000 | 26,101,625 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Diversified telecommunication services (continued) | |||||
Radiate Holdco LLC (C) | 6.500 | 09-15-28 | 13,010,000 | $12,615,797 | |
Switch, Ltd. (C) | 3.750 | 09-15-28 | 4,349,000 | 4,305,510 | |
Telecom Argentina SA (C)(D) | 8.000 | 07-18-26 | 12,621,000 | 11,895,293 | |
Telecom Italia Capital SA | 7.200 | 07-18-36 | 23,001,000 | 25,052,919 | |
Telecom Italia SpA (C) | 5.303 | 05-30-24 | 15,555,000 | 16,134,268 | |
Telefonica Emisiones SA | 5.213 | 03-08-47 | 48,489,000 | 60,693,451 | |
Telesat Canada (C) | 5.625 | 12-06-26 | 9,941,000 | 9,120,917 | |
Total Play Telecomunicaciones SA de CV (C) | 6.375 | 09-20-28 | 17,481,000 | 17,044,150 | |
Total Play Telecomunicaciones SA de CV (C) | 7.500 | 11-12-25 | 32,912,000 | 33,981,640 | |
Verizon Communications, Inc. | 3.000 | 03-22-27 | 5,717,000 | 6,036,506 | |
Verizon Communications, Inc. | 4.329 | 09-21-28 | 53,889,000 | 61,377,903 | |
Verizon Communications, Inc. | 4.400 | 11-01-34 | 20,489,000 | 24,019,867 | |
Verizon Communications, Inc. | 4.500 | 08-10-33 | 24,743,000 | 29,190,796 | |
Entertainment 0.9% | |||||
AMC Entertainment Holdings, Inc. (10.000% Cash or 12.000% PIK) (C) | 12.000 | 06-15-26 | 24,687,000 | 25,088,164 | |
Lions Gate Capital Holdings LLC (C) | 5.500 | 04-15-29 | 23,565,000 | 23,859,563 | |
Live Nation Entertainment, Inc. (C) | 4.750 | 10-15-27 | 24,978,000 | 24,978,000 | |
Netflix, Inc. | 4.875 | 04-15-28 | 42,788,000 | 48,403,925 | |
Netflix, Inc. (C) | 4.875 | 06-15-30 | 18,644,000 | 21,589,752 | |
Netflix, Inc. (C) | 5.375 | 11-15-29 | 6,259,000 | 7,403,896 | |
Netflix, Inc. | 5.875 | 11-15-28 | 32,839,000 | 39,304,342 | |
Playtika Holding Corp. (C) | 4.250 | 03-15-29 | 3,450,000 | 3,273,602 | |
WMG Acquisition Corp. (C) | 3.000 | 02-15-31 | 26,977,000 | 25,405,050 | |
WMG Acquisition Corp. (C) | 3.875 | 07-15-30 | 18,861,000 | 18,908,153 | |
Interactive media and services 0.2% | |||||
ANGI Group LLC (C) | 3.875 | 08-15-28 | 14,672,000 | 13,936,052 | |
Match Group Holdings II LLC (C) | 3.625 | 10-01-31 | 9,329,000 | 8,794,448 | |
Match Group Holdings II LLC (C) | 4.125 | 08-01-30 | 12,932,000 | 12,818,845 | |
Twitter, Inc. (C) | 3.875 | 12-15-27 | 13,568,000 | 14,144,640 | |
Media 2.1% | |||||
Altice Financing SA (C) | 5.000 | 01-15-28 | 6,979,000 | 6,524,283 | |
Altice France Holding SA (C) | 10.500 | 05-15-27 | 4,417,000 | 4,754,105 | |
Cable One, Inc. (C) | 4.000 | 11-15-30 | 7,808,000 | 7,515,200 | |
CCO Holdings LLC (C) | 4.500 | 06-01-33 | 13,706,000 | 13,500,410 | |
Charter Communications Operating LLC | 3.900 | 06-01-52 | 16,253,000 | 16,421,879 | |
Charter Communications Operating LLC | 4.200 | 03-15-28 | 41,271,000 | 45,277,245 | |
Charter Communications Operating LLC | 4.800 | 03-01-50 | 49,824,000 | 56,121,506 | |
Charter Communications Operating LLC | 5.750 | 04-01-48 | 50,036,000 | 63,004,033 | |
Charter Communications Operating LLC | 6.484 | 10-23-45 | 38,852,000 | 53,095,552 | |
Clear Channel Outdoor Holdings, Inc. (C) | 7.750 | 04-15-28 | 5,676,000 | 5,916,024 |
14 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Media (continued) | |||||
Comcast Corp. | 4.150 | 10-15-28 | 60,551,000 | $68,543,412 | |
Globo Comunicacao e Participacoes SA (C) | 4.875 | 01-22-30 | 25,650,000 | 24,258,744 | |
LCPR Senior Secured Financing DAC (C) | 5.125 | 07-15-29 | 8,324,000 | 8,290,954 | |
LCPR Senior Secured Financing DAC (C) | 6.750 | 10-15-27 | 11,535,000 | 11,958,796 | |
Midas OpCo Holdings LLC (C) | 5.625 | 08-15-29 | 35,556,000 | 35,822,670 | |
News Corp. (C) | 3.875 | 05-15-29 | 15,978,000 | 15,702,459 | |
Sirius XM Radio, Inc. (C) | 4.000 | 07-15-28 | 23,177,000 | 22,916,259 | |
Sirius XM Radio, Inc. (C) | 5.000 | 08-01-27 | 29,806,000 | 30,691,238 | |
Townsquare Media, Inc. (C) | 6.875 | 02-01-26 | 6,842,000 | 7,174,863 | |
Univision Communications, Inc. (C) | 4.500 | 05-01-29 | 7,188,000 | 7,183,040 | |
Videotron, Ltd. (C) | 3.625 | 06-15-29 | 11,162,000 | 11,175,953 | |
Virgin Media Finance PLC (C) | 5.000 | 07-15-30 | 5,989,000 | 5,809,330 | |
Wireless telecommunication services 1.4% | |||||
Millicom International Cellular SA (C) | 4.500 | 04-27-31 | 2,745,000 | 2,732,648 | |
Millicom International Cellular SA (C) | 5.125 | 01-15-28 | 3,690,000 | 3,791,475 | |
Millicom International Cellular SA (C) | 6.250 | 03-25-29 | 14,440,500 | 15,343,031 | |
MTN Mauritius Investments, Ltd. (C) | 4.755 | 11-11-24 | 12,421,000 | 12,792,959 | |
Oztel Holdings SPC, Ltd. (C) | 6.625 | 04-24-28 | 13,917,000 | 14,992,506 | |
SoftBank Group Corp. (6.875% to 7-19-27, then 5 Year ICE Swap Rate + 4.854%) (E) | 6.875 | 07-19-27 | 39,125,000 | 38,293,594 | |
Sprint Corp. | 7.875 | 09-15-23 | 17,952,000 | 19,724,760 | |
Telefonica Celular del Paraguay SA (C) | 5.875 | 04-15-27 | 13,976,000 | 14,367,328 | |
T-Mobile USA, Inc. | 2.050 | 02-15-28 | 35,500,000 | 34,972,237 | |
T-Mobile USA, Inc. | 2.550 | 02-15-31 | 14,702,000 | 14,495,459 | |
T-Mobile USA, Inc. | 2.875 | 02-15-31 | 3,484,000 | 3,370,805 | |
T-Mobile USA, Inc. | 3.375 | 04-15-29 | 29,680,000 | 29,865,500 | |
T-Mobile USA, Inc. | 3.750 | 04-15-27 | 19,854,000 | 21,345,189 | |
T-Mobile USA, Inc. | 3.875 | 04-15-30 | 40,030,000 | 43,506,367 | |
T-Mobile USA, Inc. | 4.500 | 04-15-50 | 24,546,000 | 28,707,790 | |
Vodafone Group PLC (7.000% to 1-4-29, then 5 Year U.S. Swap Rate + 4.873%) | 7.000 | 04-04-79 | 35,785,000 | 43,076,562 | |
Consumer discretionary 6.4% | 1,617,258,482 | ||||
Auto components 0.1% | |||||
Dealer Tire LLC (C) | 8.000 | 02-01-28 | 7,938,000 | 8,057,070 | |
LCM Investments Holdings II LLC (C) | 4.875 | 05-01-29 | 6,100,000 | 6,076,393 | |
Automobiles 1.7% | |||||
Daimler Finance North America LLC (C) | 3.500 | 08-03-25 | 13,005,000 | 13,943,044 | |
Ford Motor Company | 3.250 | 02-12-32 | 12,146,000 | 12,146,000 | |
Ford Motor Credit Company LLC | 2.900 | 02-16-28 | 4,515,000 | 4,439,171 | |
Ford Motor Credit Company LLC | 4.000 | 11-13-30 | 13,199,000 | 13,842,451 | |
Ford Motor Credit Company LLC | 4.125 | 08-17-27 | 27,811,000 | 29,338,380 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Automobiles (continued) | |||||
Ford Motor Credit Company LLC | 4.134 | 08-04-25 | 69,096,000 | $72,205,320 | |
Ford Motor Credit Company LLC | 5.113 | 05-03-29 | 41,238,000 | 45,654,590 | |
General Motors Company | 5.400 | 04-01-48 | 11,218,000 | 14,384,736 | |
General Motors Financial Company, Inc. | 2.400 | 10-15-28 | 54,878,000 | 54,354,833 | |
General Motors Financial Company, Inc. | 3.600 | 06-21-30 | 60,147,000 | 63,743,514 | |
General Motors Financial Company, Inc. | 4.350 | 01-17-27 | 26,351,000 | 28,863,677 | |
Hyundai Capital America (C) | 1.000 | 09-17-24 | 27,108,000 | 26,749,978 | |
Hyundai Capital America (C) | 1.800 | 10-15-25 | 11,797,000 | 11,780,140 | |
Hyundai Capital America (C) | 2.375 | 10-15-27 | 10,962,000 | 10,943,186 | |
Nissan Motor Acceptance Company LLC (C) | 1.125 | 09-16-24 | 13,599,000 | 13,393,975 | |
Nissan Motor Acceptance Company LLC (C) | 3.450 | 03-15-23 | 15,660,000 | 16,108,996 | |
Diversified consumer services 0.3% | |||||
GEMS MENASA Cayman, Ltd. (C) | 7.125 | 07-31-26 | 14,169,000 | 14,534,560 | |
Service Corp. International | 3.375 | 08-15-30 | 12,451,000 | 11,890,705 | |
Service Corp. International | 4.000 | 05-15-31 | 18,037,000 | 17,991,908 | |
Sotheby’s (C) | 7.375 | 10-15-27 | 11,899,000 | 12,434,455 | |
StoneMor, Inc. (C) | 8.500 | 05-15-29 | 26,847,000 | 27,652,410 | |
Hotels, restaurants and leisure 3.0% | |||||
Affinity Gaming (C) | 6.875 | 12-15-27 | 10,496,000 | 10,758,400 | |
Booking Holdings, Inc. | 4.625 | 04-13-30 | 31,952,000 | 37,393,755 | |
Caesars Resort Collection LLC (C) | 5.750 | 07-01-25 | 6,989,000 | 7,259,404 | |
CCM Merger, Inc. (C) | 6.375 | 05-01-26 | 7,806,000 | 8,118,240 | |
Choice Hotels International, Inc. | 3.700 | 12-01-29 | 15,994,000 | 16,948,682 | |
Choice Hotels International, Inc. | 3.700 | 01-15-31 | 17,414,000 | 18,311,866 | |
Dave & Buster’s, Inc. (C) | 7.625 | 11-01-25 | 2,467,000 | 2,615,020 | |
Expedia Group, Inc. | 2.950 | 03-15-31 | 19,436,000 | 19,634,733 | |
Expedia Group, Inc. | 3.250 | 02-15-30 | 29,897,000 | 30,806,627 | |
Expedia Group, Inc. | 3.800 | 02-15-28 | 44,372,000 | 47,327,329 | |
Expedia Group, Inc. | 4.625 | 08-01-27 | 26,562,000 | 29,670,258 | |
Expedia Group, Inc. | 5.000 | 02-15-26 | 34,335,000 | 38,421,520 | |
Hilton Domestic Operating Company, Inc. (C) | 3.625 | 02-15-32 | 15,984,000 | 15,515,189 | |
Hilton Domestic Operating Company, Inc. (C) | 4.000 | 05-01-31 | 11,127,000 | 11,149,337 | |
Hilton Domestic Operating Company, Inc. | 4.875 | 01-15-30 | 22,841,000 | 23,983,050 | |
Hilton Domestic Operating Company, Inc. (C) | 5.750 | 05-01-28 | 4,667,000 | 4,936,431 | |
Hilton Grand Vacations Borrower Escrow LLC (C) | 4.875 | 07-01-31 | 12,198,000 | 12,076,020 | |
Hilton Grand Vacations Borrower Escrow LLC (C) | 5.000 | 06-01-29 | 15,232,000 | 15,123,205 | |
Hyatt Hotels Corp. | 1.800 | 10-01-24 | 14,464,000 | 14,477,728 |
16 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Hyatt Hotels Corp. (D) | 5.750 | 04-23-30 | 16,817,000 | $20,204,939 | |
International Game Technology PLC (C) | 4.125 | 04-15-26 | 2,543,000 | 2,587,503 | |
International Game Technology PLC (C) | 5.250 | 01-15-29 | 4,076,000 | 4,239,977 | |
International Game Technology PLC (C) | 6.500 | 02-15-25 | 11,430,000 | 12,401,550 | |
Jacobs Entertainment, Inc. (C) | 7.875 | 02-01-24 | 15,070,000 | 15,371,400 | |
Life Time, Inc. (C) | 8.000 | 04-15-26 | 8,017,000 | 8,217,425 | |
Marriott International, Inc. | 2.850 | 04-15-31 | 25,741,000 | 25,853,216 | |
Marriott International, Inc. | 3.125 | 06-15-26 | 9,705,000 | 10,196,218 | |
Marriott International, Inc. | 3.500 | 10-15-32 | 14,685,000 | 15,448,112 | |
Marriott International, Inc. | 4.625 | 06-15-30 | 24,226,000 | 27,266,433 | |
Marriott Ownership Resorts, Inc. (C) | 4.500 | 06-15-29 | 2,771,000 | 2,720,360 | |
MGM Resorts International | 4.750 | 10-15-28 | 29,044,000 | 29,628,075 | |
Midwest Gaming Borrower LLC (C) | 4.875 | 05-01-29 | 14,648,000 | 14,515,436 | |
Mohegan Gaming & Entertainment (C) | 8.000 | 02-01-26 | 19,474,000 | 19,727,844 | |
New Red Finance, Inc. (C) | 4.000 | 10-15-30 | 36,781,000 | 35,145,717 | |
Papa John’s International, Inc. (C) | 3.875 | 09-15-29 | 2,912,000 | 2,854,226 | |
Premier Entertainment Sub LLC (C) | 5.625 | 09-01-29 | 11,656,000 | 11,656,000 | |
Premier Entertainment Sub LLC (C) | 5.875 | 09-01-31 | 31,655,000 | 31,773,706 | |
Resorts World Las Vegas LLC (C)(D) | 4.625 | 04-16-29 | 19,445,000 | 19,738,336 | |
Resorts World Las Vegas LLC (C) | 4.625 | 04-06-31 | 8,500,000 | 8,475,577 | |
Travel + Leisure Company (C) | 4.625 | 03-01-30 | 9,653,000 | 9,532,338 | |
Travel + Leisure Company | 6.600 | 10-01-25 | 9,936,000 | 10,830,240 | |
Waterford Gaming LLC (C)(F)(G) | 8.625 | 09-15-14 | 422,977 | 0 | |
Wyndham Hotels & Resorts, Inc. (C) | 4.375 | 08-15-28 | 8,556,000 | 8,644,597 | |
Yum! Brands, Inc. | 3.625 | 03-15-31 | 17,351,000 | 16,824,744 | |
Yum! Brands, Inc. (C) | 4.750 | 01-15-30 | 13,022,000 | 13,730,006 | |
Household durables 0.4% | |||||
Brookfield Residential Properties, Inc. (C) | 5.000 | 06-15-29 | 9,597,000 | 9,537,019 | |
Century Communities, Inc. (C) | 3.875 | 08-15-29 | 23,398,000 | 23,050,189 | |
Century Communities, Inc. | 6.750 | 06-01-27 | 16,637,000 | 17,452,837 | |
Empire Communities Corp. (C) | 7.000 | 12-15-25 | 4,974,000 | 5,095,764 | |
KB Home | 4.000 | 06-15-31 | 18,228,000 | 18,408,275 | |
MDC Holdings, Inc. | 2.500 | 01-15-31 | 10,454,000 | 10,068,300 | |
Toll Brothers Finance Corp. (D) | 3.800 | 11-01-29 | 5,033,000 | 5,322,398 | |
Internet and direct marketing retail 0.5% | |||||
Amazon.com, Inc. | 3.150 | 08-22-27 | 47,832,000 | 51,491,484 | |
Amazon.com, Inc. | 4.050 | 08-22-47 | 25,692,000 | 31,604,774 | |
eBay, Inc. | 2.700 | 03-11-30 | 34,480,000 | 35,335,396 | |
QVC, Inc. | 5.450 | 08-15-34 | 11,630,000 | 11,513,700 | |
Multiline retail 0.2% | |||||
Dollar Tree, Inc. | 4.200 | 05-15-28 | 48,304,000 | 54,061,476 | |
Macy’s Retail Holdings LLC (C)(D) | 5.875 | 04-01-29 | 4,473,000 | 4,767,077 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Specialty retail 0.2% | |||||
Asbury Automotive Group, Inc. (C) | 4.625 | 11-15-29 | 3,401,000 | $3,422,477 | |
Asbury Automotive Group, Inc. | 4.750 | 03-01-30 | 14,449,000 | 14,485,123 | |
AutoNation, Inc. | 4.750 | 06-01-30 | 12,415,000 | 14,361,224 | |
Carvana Company (C) | 4.875 | 09-01-29 | 15,587,000 | 14,801,103 | |
Group 1 Automotive, Inc. (C) | 4.000 | 08-15-28 | 2,525,000 | 2,497,882 | |
Ken Garff Automotive LLC (C) | 4.875 | 09-15-28 | 9,390,000 | 9,317,979 | |
Specialty Building Products Holdings LLC (C) | 6.375 | 09-30-26 | 1,895,000 | 1,963,845 | |
Textiles, apparel and luxury goods 0.0% | |||||
Levi Strauss & Company (C) | 3.500 | 03-01-31 | 5,963,000 | 6,059,899 | |
Consumer staples 1.6% | 395,821,409 | ||||
Beverages 0.2% | |||||
Anheuser-Busch InBev Worldwide, Inc. | 4.600 | 04-15-48 | 25,824,000 | 31,628,716 | |
Constellation Brands, Inc. | 3.150 | 08-01-29 | 9,389,000 | 9,900,073 | |
Food and staples retailing 0.3% | |||||
Advantage Sales & Marketing, Inc. (C) | 6.500 | 11-15-28 | 24,026,000 | 24,584,364 | |
Albertsons Companies, Inc. (C) | 3.250 | 03-15-26 | 9,675,000 | 9,650,813 | |
Albertsons Companies, Inc. (C) | 3.500 | 03-15-29 | 23,295,000 | 23,086,510 | |
Albertsons Companies, Inc. (C) | 4.875 | 02-15-30 | 11,357,000 | 12,070,560 | |
U.S. Foods, Inc. (C) | 4.750 | 02-15-29 | 13,367,000 | 13,532,751 | |
Food products 0.9% | |||||
BRF SA (C)(D) | 5.750 | 09-21-50 | 19,438,000 | 18,345,584 | |
Cargill, Inc. (C) | 2.125 | 04-23-30 | 10,774,000 | 10,790,523 | |
JBS Finance Luxembourg Sarl (C) | 3.625 | 01-15-32 | 17,668,000 | 17,496,974 | |
JBS USA Food Company (C) | 5.750 | 01-15-28 | 33,107,000 | 34,722,622 | |
JBS USA LUX SA (C) | 3.750 | 12-01-31 | 5,619,000 | 5,676,314 | |
Kraft Heinz Foods Company | 4.375 | 06-01-46 | 22,871,000 | 26,469,472 | |
Kraft Heinz Foods Company | 4.875 | 10-01-49 | 5,006,000 | 6,236,530 | |
Kraft Heinz Foods Company | 5.000 | 06-04-42 | 7,523,000 | 9,181,135 | |
Kraft Heinz Foods Company | 5.500 | 06-01-50 | 15,089,000 | 20,454,373 | |
MARB BondCo PLC (C) | 3.950 | 01-29-31 | 26,902,000 | 25,358,901 | |
NBM US Holdings, Inc. (C) | 6.625 | 08-06-29 | 23,263,000 | 25,095,194 | |
Post Holdings, Inc. (C) | 5.500 | 12-15-29 | 10,957,000 | 11,334,578 | |
Simmons Foods, Inc. (C) | 4.625 | 03-01-29 | 2,637,000 | 2,599,858 | |
Household products 0.1% | |||||
Edgewell Personal Care Company (C) | 4.125 | 04-01-29 | 9,887,000 | 9,753,822 | |
Edgewell Personal Care Company (C) | 5.500 | 06-01-28 | 19,529,000 | 20,358,983 | |
Personal products 0.1% | |||||
Natura Cosmeticos SA (C)(D) | 4.125 | 05-03-28 | 11,873,000 | 11,309,033 | |
Oriflame Investment Holding PLC (C) | 5.125 | 05-04-26 | 17,182,000 | 16,183,726 |
18 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy 4.9% | $1,251,124,350 | ||||
Energy equipment and services 0.2% | |||||
CSI Compressco LP (C)(D) | 7.500 | 04-01-25 | 20,084,000 | 20,335,050 | |
CSI Compressco LP (C) | 7.500 | 04-01-25 | 5,179,000 | 5,243,738 | |
CSI Compressco LP (10.000% Cash or 7.250% Cash and 3.500% PIK) (C) | 10.000 | 04-01-26 | 16,839,837 | 16,418,841 | |
Inkia Energy, Ltd. (C) | 5.875 | 11-09-27 | 4,600,000 | 4,674,796 | |
Oil, gas and consumable fuels 4.7% | |||||
Aker BP ASA (C) | 2.875 | 01-15-26 | 15,032,000 | 15,633,515 | |
Aker BP ASA (C) | 3.000 | 01-15-25 | 13,687,000 | 14,243,470 | |
Aker BP ASA (C) | 4.000 | 01-15-31 | 35,401,000 | 38,511,355 | |
Altera Infrastructure LP (C)(D) | 8.500 | 07-15-23 | 17,682,000 | 9,636,690 | |
Antero Midstream Partners LP (C) | 5.375 | 06-15-29 | 15,067,000 | 15,232,285 | |
Antero Resources Corp. | 5.000 | 03-01-25 | 15,171,000 | 15,246,855 | |
Antero Resources Corp. (C) | 5.375 | 03-01-30 | 5,836,000 | 6,018,375 | |
Ascent Resources Utica Holdings LLC (C) | 5.875 | 06-30-29 | 16,298,000 | 16,053,530 | |
Cheniere Energy Partners LP | 4.000 | 03-01-31 | 31,610,000 | 31,820,238 | |
Cheniere Energy Partners LP | 4.500 | 10-01-29 | 31,913,000 | 33,544,472 | |
Coterra Energy, Inc. (C) | 4.375 | 06-01-24 | 15,553,000 | 16,532,187 | |
DCP Midstream Operating LP (5.850% to 5-21-23, then 3 month LIBOR + 3.850%) (C) | 5.850 | 05-21-43 | 13,527,000 | 12,929,918 | |
Diamondback Energy, Inc. | 3.125 | 03-24-31 | 17,121,000 | 17,452,397 | |
Enbridge, Inc. (5.500% to 7-15-27, then 3 month LIBOR + 3.418%) | 5.500 | 07-15-77 | 22,814,000 | 23,648,055 | |
Enbridge, Inc. (5.750% to 4-15-30, then 5 Year CMT + 5.314%) | 5.750 | 07-15-80 | 24,440,000 | 27,044,082 | |
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) | 6.250 | 03-01-78 | 22,746,000 | 25,069,126 | |
Energean Israel Finance, Ltd. (C) | 5.375 | 03-30-28 | 6,461,000 | 6,313,776 | |
Energean Israel Finance, Ltd. (C) | 5.875 | 03-30-31 | 10,373,000 | 10,052,484 | |
Energy Transfer LP | 4.200 | 04-15-27 | 15,466,000 | 16,697,318 | |
Energy Transfer LP | 5.150 | 03-15-45 | 24,388,000 | 27,822,006 | |
Energy Transfer LP | 5.250 | 04-15-29 | 51,517,000 | 58,920,664 | |
Energy Transfer LP | 5.400 | 10-01-47 | 17,042,000 | 20,286,556 | |
Energy Transfer LP | 5.500 | 06-01-27 | 23,511,000 | 26,888,598 | |
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) (E) | 6.500 | 11-15-26 | 30,606,000 | 31,294,635 | |
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) | 5.250 | 08-16-77 | 41,461,000 | 42,630,570 | |
EQT Corp. (C) | 3.125 | 05-15-26 | 7,746,000 | 7,741,043 | |
EQT Corp. (C)(D) | 3.625 | 05-15-31 | 7,733,000 | 7,879,154 | |
Hess Midstream Operations LP (C) | 4.250 | 02-15-30 | 5,167,000 | 4,999,331 | |
Inversiones Latin America Power Ltda (C) | 5.125 | 06-15-33 | 12,749,000 | 12,333,638 | |
Kinder Morgan Energy Partners LP | 7.750 | 03-15-32 | 15,840,000 | 22,319,299 | |
Kinder Morgan, Inc. | 4.300 | 03-01-28 | 11,280,000 | 12,522,702 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Leviathan Bond, Ltd. (C) | 6.500 | 06-30-27 | 27,116,000 | $28,615,139 | |
Leviathan Bond, Ltd. (C) | 6.750 | 06-30-30 | 4,524,000 | 4,752,086 | |
Lundin Energy Finance BV (C) | 2.000 | 07-15-26 | 16,820,000 | 16,714,254 | |
Lundin Energy Finance BV (C) | 3.100 | 07-15-31 | 23,855,000 | 24,104,501 | |
MC Brazil Downstream Trading SARL (C)(D) | 7.250 | 06-30-31 | 18,736,000 | 18,009,418 | |
Midwest Connector Capital Company LLC (C) | 3.625 | 04-01-22 | 10,878,000 | 10,953,382 | |
Midwest Connector Capital Company LLC (C) | 3.900 | 04-01-24 | 26,438,000 | 27,407,072 | |
MPLX LP | 4.000 | 03-15-28 | 19,922,000 | 21,652,432 | |
MPLX LP | 4.125 | 03-01-27 | 5,490,000 | 5,971,685 | |
MPLX LP | 4.250 | 12-01-27 | 15,703,000 | 17,282,726 | |
MPLX LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) (E) | 6.875 | 02-15-23 | 49,298,000 | 49,544,490 | |
New Fortress Energy, Inc. (C) | 6.500 | 09-30-26 | 23,975,000 | 22,664,287 | |
Occidental Petroleum Corp. | 3.500 | 08-15-29 | 4,362,000 | 4,271,750 | |
Parkland Corp. (C) | 4.500 | 10-01-29 | 10,497,000 | 10,314,562 | |
Parkland Corp. (C) | 4.625 | 05-01-30 | 11,791,000 | 11,622,035 | |
Petrobras Global Finance BV | 6.900 | 03-19-49 | 9,826,000 | 10,120,780 | |
Petrorio Luxembourg Sarl (C) | 6.125 | 06-09-26 | 10,991,000 | 10,743,703 | |
Sabine Pass Liquefaction LLC | 4.200 | 03-15-28 | 22,341,000 | 24,512,262 | |
Sabine Pass Liquefaction LLC | 4.500 | 05-15-30 | 18,499,000 | 20,926,777 | |
Sabine Pass Liquefaction LLC | 5.000 | 03-15-27 | 12,815,000 | 14,425,872 | |
Sabine Pass Liquefaction LLC | 5.875 | 06-30-26 | 22,900,000 | 26,334,229 | |
Sunoco LP | 4.500 | 05-15-29 | 7,321,000 | 7,222,167 | |
Sunoco LP (C) | 4.500 | 04-30-30 | 17,082,000 | 16,911,180 | |
Targa Resources Partners LP (C) | 4.000 | 01-15-32 | 14,579,000 | 15,060,399 | |
Targa Resources Partners LP | 5.875 | 04-15-26 | 30,970,000 | 32,092,663 | |
The Williams Companies, Inc. | 3.750 | 06-15-27 | 25,351,000 | 27,436,218 | |
The Williams Companies, Inc. | 4.550 | 06-24-24 | 51,970,000 | 55,840,275 | |
The Williams Companies, Inc. | 5.750 | 06-24-44 | 7,401,000 | 9,647,569 | |
TransCanada PipeLines, Ltd. | 4.250 | 05-15-28 | 13,625,000 | 15,224,410 | |
Venture Global Calcasieu Pass LLC (C) | 3.875 | 08-15-29 | 6,187,000 | 6,212,676 | |
Venture Global Calcasieu Pass LLC (C) | 4.125 | 08-15-31 | 10,309,000 | 10,542,602 | |
Financials 11.8% | 2,972,567,469 | ||||
Banks 6.6% | |||||
Australia & New Zealand Banking Group, Ltd. (6.750% to 6-15-26, then 5 Year ICE Swap Rate + 5.168%) (C)(E) | 6.750 | 06-15-26 | 14,230,000 | 16,079,900 | |
Banco Davivienda SA (6.650% to 4-22-31, then 10 Year CMT + 5.097%) (C)(E) | 6.650 | 04-22-31 | 8,079,000 | 8,230,562 | |
Banco Santander SA | 4.379 | 04-12-28 | 19,106,000 | 21,452,020 |
20 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Bank of America Corp. (2.087% to 6-14-28, then SOFR + 1.060%) | 2.087 | 06-14-29 | 37,794,000 | $37,282,271 | |
Bank of America Corp. (2.592% to 4-29-30, then SOFR + 2.150%) | 2.592 | 04-29-31 | 33,019,000 | 33,292,738 | |
Bank of America Corp. (2.687% to 4-22-31, then SOFR + 1.320%) | 2.687 | 04-22-32 | 62,212,000 | 62,997,880 | |
Bank of America Corp. | 3.248 | 10-21-27 | 37,594,000 | 39,850,434 | |
Bank of America Corp. | 3.950 | 04-21-25 | 32,757,000 | 35,147,773 | |
Bank of America Corp. (6.300% to 3-10-26, then 3 month LIBOR + 4.553%) (E) | 6.300 | 03-10-26 | 45,996,000 | 51,639,710 | |
Barclays PLC | 4.375 | 01-12-26 | 20,493,000 | 22,413,016 | |
Barclays PLC (4.375% to 3-15-28, then 5 Year CMT + 3.410%) (E) | 4.375 | 03-15-28 | 25,632,000 | 24,589,803 | |
BPCE SA (C) | 4.500 | 03-15-25 | 20,953,000 | 22,635,313 | |
Citigroup, Inc. (2.561% to 5-1-31, then SOFR + 1.167%) | 2.561 | 05-01-32 | 17,677,000 | 17,753,539 | |
Citigroup, Inc. | 3.200 | 10-21-26 | 42,722,000 | 45,336,486 | |
Citigroup, Inc. | 4.600 | 03-09-26 | 52,077,000 | 57,542,284 | |
Citigroup, Inc. (4.700% to 1-30-25, then SOFR + 3.234%) (E) | 4.700 | 01-30-25 | 40,778,000 | 41,030,824 | |
Citigroup, Inc. (6.250% to 8-15-26, then 3 month LIBOR + 4.517%) (E) | 6.250 | 08-15-26 | 26,512,000 | 29,763,432 | |
Citizens Financial Group, Inc. | 3.250 | 04-30-30 | 38,429,000 | 40,875,627 | |
Credit Agricole SA (C) | 2.811 | 01-11-41 | 16,269,000 | 15,432,352 | |
Credit Agricole SA (C) | 3.250 | 01-14-30 | 34,359,000 | 35,702,933 | |
Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + 4.898%) (C)(E) | 7.875 | 01-23-24 | 18,705,000 | 20,365,293 | |
Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + 3.033%) (D)(E) | 5.100 | 06-30-23 | 18,634,000 | 18,716,921 | |
Freedom Mortgage Corp. (C) | 8.125 | 11-15-24 | 16,897,000 | 16,781,931 | |
Freedom Mortgage Corp. (C) | 8.250 | 04-15-25 | 5,330,000 | 5,303,350 | |
HSBC Holdings PLC (6.375% to 3-30-25, then 5 Year ICE Swap Rate + 4.368%) (E) | 6.375 | 03-30-25 | 7,004,000 | 7,528,600 | |
ING Groep NV (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%) (E) | 6.500 | 04-16-25 | 7,245,000 | 7,828,223 | |
Intesa Sanpaolo SpA (4.198% to 6-1-31, then 1 Year CMT + 2.600%) (C) | 4.198 | 06-01-32 | 12,859,000 | 12,892,359 | |
JPMorgan Chase & Co. (2.522% to 4-22-30, then SOFR + 2.040%) | 2.522 | 04-22-31 | 37,839,000 | 38,193,171 | |
JPMorgan Chase & Co. | 2.950 | 10-01-26 | 43,651,000 | 46,019,569 | |
JPMorgan Chase & Co. (2.956% to 5-13-30, then SOFR + 2.515%) | 2.956 | 05-13-31 | 34,052,000 | 35,171,195 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
JPMorgan Chase & Co. (3.960% to 1-29-26, then 3 month LIBOR + 1.245%) | 3.960 | 01-29-27 | 32,034,000 | $34,786,117 | |
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) (E) | 4.600 | 02-01-25 | 29,100,000 | 29,328,726 | |
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) (E) | 6.750 | 02-01-24 | 37,792,000 | 40,579,160 | |
Lloyds Banking Group PLC | 4.450 | 05-08-25 | 64,749,000 | 70,780,353 | |
Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%) (E) | 7.500 | 06-27-24 | 22,339,000 | 24,237,815 | |
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) (D)(E) | 5.125 | 11-01-26 | 10,483,000 | 11,405,103 | |
NatWest Group PLC (3.754% to 11-1-24, then 5 Year CMT + 2.100%) | 3.754 | 11-01-29 | 12,650,000 | 13,249,441 | |
NatWest Group PLC (6.000% to 12-29-25, then 5 Year CMT + 5.625%) (E) | 6.000 | 12-29-25 | 28,242,000 | 30,663,187 | |
NatWest Markets PLC (C) | 1.600 | 09-29-26 | 38,513,000 | 37,912,431 | |
PNC Bank NA | 4.050 | 07-26-28 | 7,606,000 | 8,594,883 | |
Santander Holdings USA, Inc. | 3.244 | 10-05-26 | 54,351,000 | 56,869,206 | |
Santander Holdings USA, Inc. | 3.450 | 06-02-25 | 47,214,000 | 49,812,483 | |
Santander Holdings USA, Inc. | 3.500 | 06-07-24 | 31,898,000 | 33,381,299 | |
Santander Holdings USA, Inc. | 4.400 | 07-13-27 | 11,817,000 | 13,031,930 | |
Societe Generale SA (4.750% to 5-26-26, then 5 Year CMT + 3.931%) (C)(E) | 4.750 | 05-26-26 | 22,976,000 | 23,177,040 | |
Societe Generale SA (5.375% to 11-18-30, then 5 Year CMT + 4.514%) (C)(D)(E) | 5.375 | 11-18-30 | 22,339,000 | 23,361,680 | |
The PNC Financial Services Group, Inc. (3.400% to 9-15-26, then 5 Year CMT + 2.595%) (E) | 3.400 | 09-15-26 | 38,012,000 | 36,658,773 | |
The PNC Financial Services Group, Inc. (3 month LIBOR + 3.678%) (B)(E) | 3.804 | 02-01-22 | 29,683,000 | 29,571,688 | |
The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) (E) | 4.850 | 06-01-23 | 14,899,000 | 15,139,172 | |
Wells Fargo & Company (2.393% to 6-2-27, then SOFR + 2.100%) | 2.393 | 06-02-28 | 56,542,000 | 57,275,141 | |
Wells Fargo & Company (2.879% to 10-30-29, then SOFR + 1.432%) | 2.879 | 10-30-30 | 44,389,000 | 46,041,321 | |
Wells Fargo & Company (3.068% to 4-30-40, then SOFR + 2.530%) | 3.068 | 04-30-41 | 25,324,000 | 26,052,842 | |
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) (E) | 5.875 | 06-15-25 | 66,361,000 | 72,167,588 |
22 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Capital markets 2.4% | |||||
Ares Capital Corp. | 2.150 | 07-15-26 | 33,646,000 | $33,227,565 | |
Ares Capital Corp. | 2.875 | 06-15-28 | 20,963,000 | 20,889,471 | |
Ares Capital Corp. | 3.875 | 01-15-26 | 23,776,000 | 25,027,325 | |
Ares Capital Corp. | 4.200 | 06-10-24 | 14,714,000 | 15,502,201 | |
Blackstone Private Credit Fund (C) | 2.350 | 11-22-24 | 29,769,000 | 29,775,053 | |
Cantor Fitzgerald LP (C) | 4.875 | 05-01-24 | 29,539,000 | 31,773,990 | |
Credit Suisse Group AG (C) | 3.574 | 01-09-23 | 8,054,000 | 8,076,335 | |
Deutsche Bank AG | 0.962 | 11-08-23 | 39,555,000 | 39,435,237 | |
Deutsche Bank AG (2.311% to 11-16-26, then SOFR + 1.219%) | 2.311 | 11-16-27 | 22,438,000 | 22,399,997 | |
Lazard Group LLC | 4.375 | 03-11-29 | 14,330,000 | 16,158,543 | |
Macquarie Bank, Ltd. (C) | 3.624 | 06-03-30 | 17,809,000 | 18,447,294 | |
Macquarie Bank, Ltd. (C) | 4.875 | 06-10-25 | 21,865,000 | 24,014,981 | |
Morgan Stanley (2.188% to 4-28-25, then SOFR + 1.990%) | 2.188 | 04-28-26 | 71,371,000 | 72,818,601 | |
Morgan Stanley (2.484% to 9-16-31, then SOFR + 1.360%) | 2.484 | 09-16-36 | 44,428,000 | 42,993,369 | |
Morgan Stanley | 3.875 | 01-27-26 | 21,682,000 | 23,526,429 | |
MSCI, Inc. (C) | 3.250 | 08-15-33 | 19,432,000 | 19,376,813 | |
MSCI, Inc. (C) | 3.625 | 11-01-31 | 22,847,000 | 23,236,998 | |
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then SOFR + 1.281%) | 2.615 | 04-22-32 | 72,058,000 | 72,200,057 | |
The Goldman Sachs Group, Inc. | 3.850 | 01-26-27 | 55,332,000 | 59,305,259 | |
UBS Group AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) (C)(E) | 7.000 | 01-31-24 | 16,988,000 | 18,243,583 | |
Consumer finance 0.5% | |||||
Ally Financial, Inc. | 5.125 | 09-30-24 | 36,496,000 | 39,988,295 | |
Ally Financial, Inc. | 5.800 | 05-01-25 | 19,703,000 | 22,267,252 | |
Discover Financial Services | 4.100 | 02-09-27 | 9,359,000 | 10,195,918 | |
Enova International, Inc. (C) | 8.500 | 09-01-24 | 3,051,000 | 3,081,510 | |
Enova International, Inc. (C) | 8.500 | 09-15-25 | 15,665,000 | 16,017,463 | |
OneMain Finance Corp. | 6.875 | 03-15-25 | 5,750,000 | 6,325,000 | |
OneMain Finance Corp. | 8.875 | 06-01-25 | 9,625,000 | 10,322,813 | |
Unifin Financiera SAB de CV (C) | 9.875 | 01-28-29 | 22,960,000 | 19,252,190 | |
Diversified financial services 0.7% | |||||
Brightstar Escrow Corp. (C) | 9.750 | 10-15-25 | 9,272,000 | 9,909,450 | |
GE Capital International Funding Company | 4.418 | 11-15-35 | 50,922,000 | 61,545,945 | |
Jefferies Group LLC | 4.150 | 01-23-30 | 24,170,000 | 26,882,150 | |
Jefferies Group LLC | 4.850 | 01-15-27 | 33,322,000 | 38,013,109 | |
Operadora de Servicios Mega SA de CV (C) | 8.250 | 02-11-25 | 17,372,000 | 15,510,851 | |
Voya Financial, Inc. (5.650% to 5-15-23, then 3 month LIBOR + 3.580%) | 5.650 | 05-15-53 | 33,960,000 | 35,374,774 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 23 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Insurance 1.4% | |||||
Athene Holding, Ltd. | 3.500 | 01-15-31 | 13,118,000 | $13,897,878 | |
AXA SA | 8.600 | 12-15-30 | 11,242,000 | 16,296,076 | |
CNA Financial Corp. | 2.050 | 08-15-30 | 11,031,000 | 10,829,886 | |
CNO Financial Group, Inc. | 5.250 | 05-30-25 | 11,065,000 | 12,333,665 | |
CNO Financial Group, Inc. | 5.250 | 05-30-29 | 30,851,000 | 35,641,551 | |
Liberty Mutual Group, Inc. (4.125% to 12-15-26, then 5 Year CMT + 3.315%) (C) | 4.125 | 12-15-51 | 21,792,000 | 21,683,040 | |
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) | 6.400 | 12-15-36 | 24,309,000 | 30,148,970 | |
MetLife, Inc. (9.250% to 4-8-38, then 3 month LIBOR + 5.540%) (C) | 9.250 | 04-08-38 | 6,634,000 | 9,819,037 | |
New York Life Insurance Company (C) | 3.750 | 05-15-50 | 13,513,000 | 15,559,591 | |
Nippon Life Insurance Company (2.750% to 1-21-31, then 5 Year CMT + 2.653%) (C) | 2.750 | 01-21-51 | 38,069,000 | 36,879,344 | |
Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. Swap Rate + 3.650%) (C) | 5.100 | 10-16-44 | 21,465,000 | 23,128,538 | |
Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) | 5.875 | 09-15-42 | 53,119,000 | 54,241,045 | |
SBL Holdings, Inc. (C) | 5.000 | 02-18-31 | 22,901,000 | 24,030,672 | |
Teachers Insurance & Annuity Association of America (C) | 4.270 | 05-15-47 | 28,134,000 | 34,701,266 | |
Unum Group | 4.125 | 06-15-51 | 10,996,000 | 11,214,923 | |
Thrifts and mortgage finance 0.2% | |||||
Nationstar Mortgage Holdings, Inc. (C) | 5.125 | 12-15-30 | 10,058,000 | 9,668,253 | |
Nationstar Mortgage Holdings, Inc. (C) | 5.500 | 08-15-28 | 11,236,000 | 11,193,865 | |
Nationstar Mortgage Holdings, Inc. (C) | 6.000 | 01-15-27 | 6,021,000 | 6,216,863 | |
Radian Group, Inc. | 4.500 | 10-01-24 | 11,527,000 | 12,040,297 | |
Health care 3.0% | 767,769,183 | ||||
Biotechnology 0.4% | |||||
AbbVie, Inc. | 3.200 | 11-21-29 | 102,266,000 | 108,500,691 | |
Grifols Escrow Issuer SA (C) | 4.750 | 10-15-28 | 7,474,000 | 7,399,260 | |
Health care equipment and supplies 0.0% | |||||
Varex Imaging Corp. (C) | 7.875 | 10-15-27 | 10,946,000 | 12,040,600 | |
Health care providers and services 1.9% | |||||
AdaptHealth LLC (C) | 5.125 | 03-01-30 | 11,661,000 | 11,537,277 | |
AmerisourceBergen Corp. | 2.800 | 05-15-30 | 25,603,000 | 26,303,873 | |
Anthem, Inc. | 2.250 | 05-15-30 | 9,636,000 | 9,605,151 | |
Centene Corp. | 3.000 | 10-15-30 | 21,643,000 | 21,608,317 | |
Centene Corp. | 3.375 | 02-15-30 | 12,115,000 | 12,201,531 | |
Centene Corp. | 4.250 | 12-15-27 | 6,580,000 | 6,826,750 |
24 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care (continued) | |||||
Health care providers and services (continued) | |||||
Centene Corp. | 4.625 | 12-15-29 | 9,945,000 | $10,641,150 | |
CVS Health Corp. | 2.700 | 08-21-40 | 17,949,000 | 17,181,065 | |
CVS Health Corp. | 3.750 | 04-01-30 | 22,401,000 | 24,564,937 | |
CVS Health Corp. | 4.300 | 03-25-28 | 11,813,000 | 13,301,101 | |
CVS Health Corp. | 5.050 | 03-25-48 | 30,877,000 | 40,798,857 | |
DaVita, Inc. (C) | 3.750 | 02-15-31 | 25,741,000 | 23,867,699 | |
DaVita, Inc. (C) | 4.625 | 06-01-30 | 25,690,000 | 25,368,875 | |
Encompass Health Corp. | 4.500 | 02-01-28 | 8,919,000 | 9,008,190 | |
Encompass Health Corp. | 4.625 | 04-01-31 | 8,128,000 | 8,072,059 | |
Fresenius Medical Care US Finance III, Inc. (C) | 2.375 | 02-16-31 | 41,343,000 | 39,747,780 | |
HCA, Inc. | 4.125 | 06-15-29 | 20,511,000 | 22,543,771 | |
HCA, Inc. | 5.250 | 04-15-25 | 21,962,000 | 24,417,280 | |
HCA, Inc. | 5.250 | 06-15-26 | 18,315,000 | 20,607,744 | |
MEDNAX, Inc. (C) | 6.250 | 01-15-27 | 26,135,000 | 27,277,100 | |
Rede D’or Finance Sarl (C) | 4.500 | 01-22-30 | 16,468,000 | 15,162,088 | |
Select Medical Corp. (C) | 6.250 | 08-15-26 | 15,833,000 | 16,623,225 | |
Universal Health Services, Inc. (C) | 1.650 | 09-01-26 | 22,040,000 | 21,622,990 | |
Universal Health Services, Inc. (C) | 2.650 | 10-15-30 | 23,046,000 | 22,354,620 | |
Pharmaceuticals 0.7% | |||||
Bausch Health Companies, Inc. (C) | 5.250 | 01-30-30 | 9,478,000 | 8,127,385 | |
Bausch Health Companies, Inc. (C) | 6.125 | 04-15-25 | 18,201,000 | 18,383,010 | |
Bausch Health Companies, Inc. (C) | 6.250 | 02-15-29 | 24,097,000 | 21,842,123 | |
Catalent Pharma Solutions, Inc. (C) | 3.125 | 02-15-29 | 3,803,000 | 3,625,970 | |
Catalent Pharma Solutions, Inc. (C) | 5.000 | 07-15-27 | 3,705,000 | 3,830,044 | |
Jazz Securities DAC (C) | 4.375 | 01-15-29 | 6,749,000 | 6,876,016 | |
Organon & Company (C) | 5.125 | 04-30-31 | 20,418,000 | 20,851,883 | |
Royalty Pharma PLC | 1.750 | 09-02-27 | 12,549,000 | 12,267,728 | |
Viatris, Inc. | 2.300 | 06-22-27 | 11,686,000 | 11,749,827 | |
Viatris, Inc. | 2.700 | 06-22-30 | 30,024,000 | 29,979,007 | |
Viatris, Inc. | 4.000 | 06-22-50 | 28,818,000 | 31,052,209 | |
Industrials 7.4% | 1,863,230,884 | ||||
Aerospace and defense 1.0% | |||||
DAE Funding LLC (C) | 2.625 | 03-20-25 | 24,111,000 | 24,212,990 | |
Huntington Ingalls Industries, Inc. | 4.200 | 05-01-30 | 24,364,000 | 27,462,503 | |
Kratos Defense & Security Solutions, Inc. (C) | 6.500 | 11-30-25 | 12,059,000 | 12,405,696 | |
The Boeing Company | 3.200 | 03-01-29 | 25,154,000 | 25,997,783 | |
The Boeing Company | 5.040 | 05-01-27 | 41,668,000 | 46,915,756 | |
The Boeing Company | 5.150 | 05-01-30 | 26,956,000 | 31,268,756 | |
The Boeing Company | 5.805 | 05-01-50 | 21,019,000 | 28,350,637 | |
TransDigm, Inc. | 5.500 | 11-15-27 | 44,422,000 | 44,706,967 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 25 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Air freight and logistics 0.0% | |||||
Simpar Europe SA (C) | 5.200 | 01-26-31 | 6,695,000 | $6,131,281 | |
Watco Companies LLC (C) | 6.500 | 06-15-27 | 3,424,000 | 3,587,873 | |
Airlines 2.4% | |||||
Air Canada 2013-1 Class A Pass Through Trust (C) | 4.125 | 05-15-25 | 9,279,772 | 9,372,570 | |
Air Canada 2017-1 Class B Pass Through Trust (C) | 3.700 | 01-15-26 | 10,711,786 | 10,368,011 | |
Alaska Airlines 2020-1 Class B Pass Through Trust (C) | 8.000 | 08-15-25 | 5,942,378 | 6,653,965 | |
American Airlines 2015-1 Class A Pass Through Trust | 3.375 | 05-01-27 | 61,340,215 | 61,340,215 | |
American Airlines 2015-1 Class B Pass Through Trust | 3.700 | 05-01-23 | 14,093,576 | 13,886,030 | |
American Airlines 2016-1 Class A Pass Through Trust | 4.100 | 01-15-28 | 21,857,114 | 21,894,295 | |
American Airlines 2017-1 Class A Pass Through Trust | 4.000 | 02-15-29 | 6,964,844 | 6,947,491 | |
American Airlines 2017-1 Class AA Pass Through Trust | 3.650 | 02-15-29 | 16,128,906 | 16,776,046 | |
American Airlines 2017-2 Class A Pass Through Trust | 3.600 | 10-15-29 | 14,625,134 | 14,152,897 | |
American Airlines 2019-1 Class A Pass Through Trust | 3.500 | 02-15-32 | 22,697,804 | 21,798,169 | |
American Airlines 2019-1 Class AA Pass Through Trust | 3.150 | 02-15-32 | 16,021,494 | 16,270,902 | |
American Airlines 2021-1 Class A Pass Through Trust | 2.875 | 07-11-34 | 13,660,000 | 13,247,658 | |
American Airlines 2021-1 Class B Pass Through Trust | 3.950 | 07-11-30 | 10,179,000 | 10,279,035 | |
British Airways 2013-1 Class A Pass Through Trust (C) | 4.625 | 06-20-24 | 10,537,309 | 11,000,380 | |
British Airways 2018-1 Class A Pass Through Trust (C) | 4.125 | 09-20-31 | 7,777,607 | 7,836,032 | |
British Airways 2020-1 Class A Pass Through Trust (C) | 4.250 | 11-15-32 | 7,399,569 | 7,978,080 | |
British Airways 2020-1 Class B Pass Through Trust (C) | 8.375 | 11-15-28 | 5,815,421 | 6,757,423 | |
Continental Airlines 2007-1 Class A Pass Through Trust | 5.983 | 04-19-22 | 1,848,881 | 1,876,594 | |
Delta Air Lines, Inc. | 2.900 | 10-28-24 | 41,435,000 | 41,757,891 | |
Delta Air Lines, Inc. | 3.800 | 04-19-23 | 24,159,000 | 24,618,377 | |
Delta Air Lines, Inc. (D) | 4.375 | 04-19-28 | 25,890,000 | 26,938,919 | |
Delta Air Lines, Inc. (C) | 4.500 | 10-20-25 | 5,725,000 | 6,001,626 | |
Delta Air Lines, Inc. (C) | 4.750 | 10-20-28 | 10,867,000 | 11,907,341 | |
JetBlue 2019-1 Class AA Pass Through Trust | 2.750 | 05-15-32 | 17,069,198 | 17,472,980 |
26 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Airlines (continued) | |||||
United Airlines 2014-2 Class A Pass Through Trust | 3.750 | 09-03-26 | 30,729,265 | $32,192,848 | |
United Airlines 2014-2 Class B Pass Through Trust | 4.625 | 09-03-22 | 7,032,137 | 7,132,254 | |
United Airlines 2016-1 Class A Pass Through Trust | 3.450 | 07-07-28 | 26,204,602 | 26,335,709 | |
United Airlines 2016-1 Class B Pass Through Trust | 3.650 | 01-07-26 | 24,238,513 | 24,056,680 | |
United Airlines 2018-1 Class B Pass Through Trust | 4.600 | 03-01-26 | 5,617,446 | 5,701,156 | |
United Airlines 2019-1 Class A Pass Through Trust | 4.550 | 08-25-31 | 14,087,794 | 15,208,236 | |
United Airlines 2020-1 Class A Pass Through Trust | 5.875 | 10-15-27 | 51,827,741 | 56,375,625 | |
United Airlines 2020-1 Class B Pass Through Trust | 4.875 | 01-15-26 | 11,377,660 | 11,889,655 | |
United Airlines, Inc. (C) | 4.375 | 04-15-26 | 1,856,000 | 1,863,387 | |
United Airlines, Inc. (C) | 4.625 | 04-15-29 | 4,372,000 | 4,348,741 | |
US Airways 2010-1 Class A Pass Through Trust | 6.250 | 04-22-23 | 4,943,704 | 5,063,702 | |
US Airways 2011-1 Class A Pass Through Trust | 7.125 | 10-22-23 | 12,396,785 | 13,114,985 | |
US Airways 2012-1 Class A Pass Through Trust | 5.900 | 10-01-24 | 4,947,326 | 5,215,100 | |
US Airways 2012-2 Class A Pass Through Trust | 4.625 | 06-03-25 | 11,795,704 | 11,766,291 | |
Building products 0.2% | |||||
Builders FirstSource, Inc. (C) | 4.250 | 02-01-32 | 19,375,000 | 19,459,281 | |
Builders FirstSource, Inc. (C) | 5.000 | 03-01-30 | 2,354,000 | 2,499,430 | |
Builders FirstSource, Inc. (C) | 6.750 | 06-01-27 | 3,407,000 | 3,585,868 | |
Owens Corning | 3.950 | 08-15-29 | 20,949,000 | 22,937,252 | |
Commercial services and supplies 0.7% | |||||
Albion Financing 1 Sarl (C) | 6.125 | 10-15-26 | 12,103,000 | 11,769,925 | |
Allied Universal Holdco LLC (C) | 6.000 | 06-01-29 | 6,511,000 | 6,185,450 | |
APX Group, Inc. (C) | 5.750 | 07-15-29 | 17,381,000 | 16,946,475 | |
Cimpress PLC (C) | 7.000 | 06-15-26 | 26,170,000 | 27,053,238 | |
Clean Harbors, Inc. (C) | 4.875 | 07-15-27 | 2,960,000 | 3,041,400 | |
Deluxe Corp. (C) | 8.000 | 06-01-29 | 7,953,000 | 8,241,296 | |
Garda World Security Corp. (C) | 6.000 | 06-01-29 | 11,865,000 | 11,242,088 | |
GFL Environmental, Inc. (C) | 3.500 | 09-01-28 | 22,720,000 | 22,011,590 | |
GFL Environmental, Inc. (C) | 4.375 | 08-15-29 | 15,017,000 | 14,609,138 | |
GFL Environmental, Inc. (C) | 4.750 | 06-15-29 | 9,929,000 | 9,927,709 | |
Graphic Packaging International LLC (C) | 3.500 | 03-01-29 | 16,649,000 | 16,385,946 | |
Legends Hospitality Holding Company LLC (C) | 5.000 | 02-01-26 | 3,895,000 | 3,932,782 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 27 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Commercial services and supplies (continued) | |||||
Prime Security Services Borrower LLC (C) | 3.375 | 08-31-27 | 3,310,000 | $3,132,088 | |
Prime Security Services Borrower LLC (C) | 6.250 | 01-15-28 | 13,275,000 | 13,488,462 | |
Williams Scotsman International, Inc. (C) | 4.625 | 08-15-28 | 3,903,000 | 3,971,303 | |
Construction and engineering 0.3% | |||||
AECOM | 5.125 | 03-15-27 | 24,836,000 | 26,619,473 | |
Global Infrastructure Solutions, Inc. (C) | 5.625 | 06-01-29 | 15,990,000 | 16,149,900 | |
MasTec, Inc. (C) | 4.500 | 08-15-28 | 11,194,000 | 11,529,820 | |
Picasso Finance Sub, Inc. (C) | 6.125 | 06-15-25 | 1,511,000 | 1,569,551 | |
Quanta Services, Inc. | 0.950 | 10-01-24 | 13,416,000 | 13,276,712 | |
Tutor Perini Corp. (C)(D) | 6.875 | 05-01-25 | 20,257,000 | 20,257,000 | |
Electrical equipment 0.1% | |||||
Atkore, Inc. (C) | 4.250 | 06-01-31 | 5,743,000 | 5,757,357 | |
Vertiv Group Corp. (C) | 4.125 | 11-15-28 | 20,673,000 | 20,621,318 | |
Industrial conglomerates 0.3% | |||||
General Electric Company | 4.250 | 05-01-40 | 34,470,000 | 42,713,125 | |
General Electric Company | 5.550 | 01-05-26 | 38,649,000 | 45,075,587 | |
Machinery 0.2% | |||||
ATS Automation Tooling Systems, Inc. (C) | 4.125 | 12-15-28 | 2,898,000 | 2,919,735 | |
Flowserve Corp. | 3.500 | 10-01-30 | 12,857,000 | 13,373,619 | |
Hillenbrand, Inc. | 3.750 | 03-01-31 | 12,977,000 | 12,753,796 | |
JB Poindexter & Company, Inc. (C) | 7.125 | 04-15-26 | 7,377,000 | 7,635,195 | |
TK Elevator U.S. Newco, Inc. (C) | 5.250 | 07-15-27 | 6,702,000 | 6,815,465 | |
Professional services 0.4% | |||||
CoStar Group, Inc. (C) | 2.800 | 07-15-30 | 30,088,000 | 30,518,296 | |
IHS Markit, Ltd. (C) | 4.000 | 03-01-26 | 18,813,000 | 20,435,621 | |
IHS Markit, Ltd. (C) | 4.750 | 02-15-25 | 10,406,000 | 11,352,219 | |
IHS Markit, Ltd. | 4.750 | 08-01-28 | 14,577,000 | 16,872,878 | |
TriNet Group, Inc. (C) | 3.500 | 03-01-29 | 12,573,000 | 12,422,124 | |
Road and rail 0.3% | |||||
The Hertz Corp. (C) | 4.625 | 12-01-26 | 2,248,000 | 2,215,719 | |
The Hertz Corp. (C) | 5.000 | 12-01-29 | 4,900,000 | 4,802,000 | |
Uber Technologies, Inc. (C) | 4.500 | 08-15-29 | 30,567,000 | 30,261,330 | |
Uber Technologies, Inc. (C) | 7.500 | 05-15-25 | 16,479,000 | 17,364,746 | |
Uber Technologies, Inc. (C) | 7.500 | 09-15-27 | 28,351,000 | 30,760,835 | |
Trading companies and distributors 1.4% | |||||
AerCap Ireland Capital DAC | 1.650 | 10-29-24 | 40,037,000 | 39,964,790 | |
AerCap Ireland Capital DAC | 1.750 | 01-30-26 | 28,153,000 | 27,598,825 | |
AerCap Ireland Capital DAC | 2.450 | 10-29-26 | 40,598,000 | 40,700,136 | |
AerCap Ireland Capital DAC | 2.875 | 08-14-24 | 26,769,000 | 27,630,358 | |
AerCap Ireland Capital DAC | 3.650 | 07-21-27 | 8,425,000 | 8,917,989 | |
Air Lease Corp. | 2.100 | 09-01-28 | 14,336,000 | 13,869,555 | |
Air Lease Corp. | 2.875 | 01-15-26 | 12,722,000 | 13,056,828 |
28 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Trading companies and distributors (continued) | |||||
Air Lease Corp. | 3.625 | 12-01-27 | 10,511,000 | $11,069,644 | |
Alta Equipment Group, Inc. (C) | 5.625 | 04-15-26 | 3,553,000 | 3,629,567 | |
Ashtead Capital, Inc. (C) | 2.450 | 08-12-31 | 14,429,000 | 14,197,666 | |
Ashtead Capital, Inc. (C) | 4.250 | 11-01-29 | 9,234,000 | 9,926,974 | |
Ashtead Capital, Inc. (C) | 4.375 | 08-15-27 | 15,640,000 | 16,265,600 | |
Beacon Roofing Supply, Inc. (C) | 4.125 | 05-15-29 | 11,935,000 | 11,726,138 | |
BlueLinx Holdings, Inc. (C) | 6.000 | 11-15-29 | 18,768,000 | 18,486,480 | |
Boise Cascade Company (C) | 4.875 | 07-01-30 | 3,222,000 | 3,375,045 | |
H&E Equipment Services, Inc. (C) | 3.875 | 12-15-28 | 18,668,000 | 18,145,389 | |
SMBC Aviation Capital Finance DAC (C) | 2.300 | 06-15-28 | 11,559,000 | 11,517,143 | |
United Rentals North America, Inc. | 3.875 | 11-15-27 | 13,783,000 | 14,299,863 | |
United Rentals North America, Inc. | 3.875 | 02-15-31 | 11,656,000 | 11,693,969 | |
United Rentals North America, Inc. | 4.875 | 01-15-28 | 24,939,000 | 26,123,603 | |
Transportation infrastructure 0.1% | |||||
Adani Ports & Special Economic Zone, Ltd. (C) | 3.100 | 02-02-31 | 18,907,000 | 18,103,642 | |
Information technology 4.5% | 1,147,732,476 | ||||
Communications equipment 0.4% | |||||
Motorola Solutions, Inc. | 2.300 | 11-15-30 | 34,643,000 | 33,985,826 | |
Motorola Solutions, Inc. | 2.750 | 05-24-31 | 31,747,000 | 31,906,624 | |
Motorola Solutions, Inc. | 4.600 | 05-23-29 | 10,368,000 | 11,893,820 | |
Telefonaktiebolaget LM Ericsson | 4.125 | 05-15-22 | 27,193,000 | 27,559,834 | |
IT services 0.6% | |||||
CGI, Inc. (C) | 1.450 | 09-14-26 | 24,919,000 | 24,356,282 | |
Gartner, Inc. (C) | 3.625 | 06-15-29 | 7,578,000 | 7,530,638 | |
Gartner, Inc. (C) | 3.750 | 10-01-30 | 3,903,000 | 3,893,243 | |
Gartner, Inc. (C) | 4.500 | 07-01-28 | 23,986,000 | 24,928,650 | |
PayPal Holdings, Inc. | 2.850 | 10-01-29 | 38,042,000 | 40,042,177 | |
Sabre GLBL, Inc. (C) | 7.375 | 09-01-25 | 13,782,000 | 14,264,370 | |
Square, Inc. (C) | 2.750 | 06-01-26 | 5,930,000 | 5,901,180 | |
Square, Inc. (C) | 3.500 | 06-01-31 | 8,050,000 | 8,160,688 | |
VeriSign, Inc. | 2.700 | 06-15-31 | 16,408,000 | 16,556,000 | |
VeriSign, Inc. | 5.250 | 04-01-25 | 10,167,000 | 11,245,007 | |
Semiconductors and semiconductor equipment 2.2% | |||||
Broadcom, Inc. (C) | 3.419 | 04-15-33 | 44,512,000 | 45,868,677 | |
Broadcom, Inc. | 4.750 | 04-15-29 | 103,081,000 | 116,969,078 | |
Broadcom, Inc. | 5.000 | 04-15-30 | 41,296,000 | 48,095,789 | |
KLA Corp. | 4.100 | 03-15-29 | 21,329,000 | 24,242,660 | |
Lam Research Corp. (D) | 4.875 | 03-15-49 | 19,751,000 | 27,284,923 | |
Marvell Technology, Inc. | 2.450 | 04-15-28 | 32,228,000 | 32,445,991 | |
Micron Technology, Inc. | 4.185 | 02-15-27 | 70,958,000 | 77,697,591 | |
Micron Technology, Inc. | 4.975 | 02-06-26 | 11,668,000 | 13,030,706 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 29 |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
Semiconductors and semiconductor equipment (continued) | |||||
Micron Technology, Inc. | 5.327 | 02-06-29 | 60,170,000 | $70,776,768 | |
NXP BV (C) | 3.250 | 05-11-41 | 10,981,000 | 11,257,643 | |
NXP BV (C) | 3.875 | 06-18-26 | 36,894,000 | 39,979,944 | |
Qorvo, Inc. (C) | 3.375 | 04-01-31 | 16,254,000 | 16,382,407 | |
Renesas Electronics Corp. (C) | 1.543 | 11-26-24 | 21,821,000 | 21,812,619 | |
Software 0.5% | |||||
Autodesk, Inc. | 2.850 | 01-15-30 | 10,308,000 | 10,778,448 | |
Clarivate Science Holdings Corp. (C) | 3.875 | 07-01-28 | 6,253,000 | 6,146,887 | |
Clarivate Science Holdings Corp. (C) | 4.875 | 07-01-29 | 6,382,000 | 6,249,574 | |
Consensus Cloud Solutions, Inc. (C) | 6.500 | 10-15-28 | 17,360,000 | 17,620,400 | |
Crowdstrike Holdings, Inc. (D) | 3.000 | 02-15-29 | 3,241,000 | 3,125,426 | |
Infor, Inc. (C) | 1.750 | 07-15-25 | 7,620,000 | 7,642,133 | |
Oracle Corp. | 2.950 | 04-01-30 | 53,325,000 | 55,062,690 | |
PTC, Inc. (C) | 4.000 | 02-15-28 | 3,903,000 | 3,922,515 | |
Ziff Davis, Inc. (C) | 4.625 | 10-15-30 | 12,458,000 | 12,551,435 | |
Technology hardware, storage and peripherals 0.8% | |||||
Atento Luxco 1 SA (C) | 8.000 | 02-10-26 | 9,014,000 | 9,303,650 | |
CDW LLC | 3.250 | 02-15-29 | 8,552,000 | 8,550,717 | |
CDW LLC | 3.569 | 12-01-31 | 31,977,000 | 32,705,756 | |
Dell International LLC | 4.900 | 10-01-26 | 41,660,000 | 47,054,563 | |
Dell International LLC | 5.300 | 10-01-29 | 36,532,000 | 43,298,193 | |
Dell International LLC | 5.850 | 07-15-25 | 12,962,000 | 14,828,889 | |
Dell International LLC | 8.350 | 07-15-46 | 24,786,000 | 41,391,189 | |
Xerox Holdings Corp. (C) | 5.500 | 08-15-28 | 19,366,000 | 19,430,876 | |
Materials 2.3% | 582,543,383 | ||||
Chemicals 1.0% | |||||
Braskem Idesa SAPI (C) | 6.990 | 02-20-32 | 13,611,000 | 13,338,780 | |
Braskem Netherlands Finance BV (C) | 5.875 | 01-31-50 | 16,342,000 | 17,016,108 | |
Braskem Netherlands Finance BV (8.500% to 10-24-25, then 5 Year CMT + 8.220%) (C) | 8.500 | 01-23-81 | 20,288,000 | 22,636,539 | |
CVR Partners LP (C) | 6.125 | 06-15-28 | 7,172,000 | 7,442,384 | |
Cydsa SAB de CV (C) | 6.250 | 10-04-27 | 18,261,000 | 18,078,573 | |
FS Luxembourg Sarl (C) | 10.000 | 12-15-25 | 23,241,000 | 25,251,579 | |
INEOS Quattro Finance 2 PLC (C) | 3.375 | 01-15-26 | 4,430,000 | 4,407,850 | |
LSB Industries, Inc. (C) | 6.250 | 10-15-28 | 5,621,000 | 5,804,020 | |
Methanex Corp. | 4.250 | 12-01-24 | 16,889,000 | 17,776,264 | |
Orbia Advance Corp. SAB de CV (C) | 5.500 | 01-15-48 | 21,886,000 | 25,305,688 | |
Sasol Financing USA LLC | 5.500 | 03-18-31 | 27,355,000 | 26,810,636 | |
Trinseo Materials Operating SCA (C) | 5.125 | 04-01-29 | 12,400,000 | 12,415,500 | |
Tronox, Inc. (C) | 4.625 | 03-15-29 | 14,911,000 | 14,463,670 | |
Valvoline, Inc. (C) | 3.625 | 06-15-31 | 20,804,000 | 19,919,830 |
30 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Chemicals (continued) | |||||
WR Grace Holdings LLC (C) | 4.875 | 06-15-27 | 9,767,000 | $9,690,695 | |
WR Grace Holdings LLC (C) | 5.625 | 08-15-29 | 9,062,000 | 9,112,113 | |
Construction materials 0.3% | |||||
Cemex SAB de CV (C) | 3.875 | 07-11-31 | 19,058,000 | 18,549,342 | |
Cemex SAB de CV (C) | 5.200 | 09-17-30 | 17,916,000 | 18,901,022 | |
Standard Industries, Inc. (C) | 3.375 | 01-15-31 | 7,644,000 | 7,042,035 | |
Standard Industries, Inc. (C) | 5.000 | 02-15-27 | 3,699,000 | 3,792,061 | |
Vulcan Materials Company | 3.500 | 06-01-30 | 20,641,000 | 22,374,474 | |
Containers and packaging 0.2% | |||||
Graham Packaging Company, Inc. (C) | 7.125 | 08-15-28 | 1,313,000 | 1,339,260 | |
Mauser Packaging Solutions Holding Company (C) | 8.500 | 04-15-24 | 2,721,000 | 2,802,630 | |
Owens-Brockway Glass Container, Inc. (C) | 6.625 | 05-13-27 | 11,383,000 | 11,909,606 | |
Pactiv Evergreen Group Issuer LLC (C) | 4.000 | 10-15-27 | 24,222,000 | 23,253,120 | |
Pactiv Evergreen Group Issuer LLC (C) | 4.375 | 10-15-28 | 11,550,000 | 11,232,375 | |
Trident TPI Holdings, Inc. (C) | 6.625 | 11-01-25 | 4,032,000 | 4,072,320 | |
Metals and mining 0.8% | |||||
Anglo American Capital PLC (C) | 4.750 | 04-10-27 | 16,430,000 | 18,297,385 | |
Arconic Corp. (C) | 6.000 | 05-15-25 | 5,802,000 | 6,048,585 | |
Arconic Corp. (C) | 6.125 | 02-15-28 | 10,635,000 | 11,058,486 | |
Commercial Metals Company | 5.375 | 07-15-27 | 5,017,000 | 5,179,601 | |
First Quantum Minerals, Ltd. (C) | 6.500 | 03-01-24 | 8,050,000 | 8,141,368 | |
First Quantum Minerals, Ltd. (C) | 6.875 | 03-01-26 | 9,625,000 | 9,961,875 | |
First Quantum Minerals, Ltd. (C) | 6.875 | 10-15-27 | 15,223,000 | 16,090,711 | |
First Quantum Minerals, Ltd. (C) | 7.250 | 04-01-23 | 5,714,000 | 5,821,423 | |
First Quantum Minerals, Ltd. (C) | 7.500 | 04-01-25 | 11,526,000 | 11,841,812 | |
FMG Resources August 2006 Proprietary, Ltd. (C) | 4.375 | 04-01-31 | 11,726,000 | 11,881,487 | |
Freeport-McMoRan, Inc. | 4.625 | 08-01-30 | 18,992,000 | 20,054,887 | |
Freeport-McMoRan, Inc. | 5.450 | 03-15-43 | 15,571,000 | 19,189,856 | |
Hudbay Minerals, Inc. (C) | 4.500 | 04-01-26 | 3,959,000 | 3,889,718 | |
JW Aluminum Continuous Cast Company (C) | 10.250 | 06-01-26 | 7,771,000 | 8,149,836 | |
Newmont Corp. | 2.800 | 10-01-29 | 12,732,000 | 13,097,012 | |
Novelis Corp. (C) | 4.750 | 01-30-30 | 26,569,000 | 26,826,188 | |
Volcan Cia Minera SAA (C) | 4.375 | 02-11-26 | 4,199,000 | 4,010,885 | |
Paper and forest products 0.0% | |||||
Inversiones CMPC SA (C) | 3.850 | 01-13-30 | 8,078,000 | 8,263,794 | |
Real estate 2.3% | 570,463,253 | ||||
Equity real estate investment trusts 2.3% | |||||
American Homes 4 Rent LP | 4.250 | 02-15-28 | 13,319,000 | 14,851,915 | |
American Tower Corp. | 3.550 | 07-15-27 | 44,404,000 | 47,489,159 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 31 |
Rate (%) | Maturity date | Par value^ | Value | ||
Real estate (continued) | |||||
Equity real estate investment trusts (continued) | |||||
American Tower Corp. | 3.800 | 08-15-29 | 15,228,000 | $16,525,294 | |
Crown Castle International Corp. | 3.300 | 07-01-30 | 6,779,000 | 7,118,928 | |
Crown Castle International Corp. | 3.650 | 09-01-27 | 32,455,000 | 34,896,910 | |
Crown Castle International Corp. | 3.800 | 02-15-28 | 13,032,000 | 14,179,247 | |
CyrusOne LP | 2.150 | 11-01-30 | 11,327,000 | 11,110,654 | |
CyrusOne LP | 3.450 | 11-15-29 | 22,434,000 | 23,931,021 | |
Equinix, Inc. | 1.550 | 03-15-28 | 26,484,000 | 25,526,054 | |
Equinix, Inc. | 1.800 | 07-15-27 | 15,275,000 | 14,931,319 | |
Equinix, Inc. | 2.500 | 05-15-31 | 42,902,000 | 42,463,684 | |
Equinix, Inc. | 3.200 | 11-18-29 | 35,152,000 | 36,793,822 | |
GLP Capital LP | 5.375 | 04-15-26 | 21,870,000 | 24,261,266 | |
Host Hotels & Resorts LP | 3.375 | 12-15-29 | 30,722,000 | 31,505,612 | |
Host Hotels & Resorts LP | 3.500 | 09-15-30 | 20,904,000 | 21,409,410 | |
Host Hotels & Resorts LP | 4.500 | 02-01-26 | 12,386,000 | 13,401,799 | |
Iron Mountain, Inc. (C) | 4.875 | 09-15-29 | 12,154,000 | 12,324,156 | |
Iron Mountain, Inc. (C) | 5.250 | 07-15-30 | 19,336,000 | 19,707,058 | |
MGM Growth Properties Operating Partnership LP (C) | 3.875 | 02-15-29 | 12,670,000 | 13,303,500 | |
RHP Hotel Properties LP (C) | 4.500 | 02-15-29 | 22,351,000 | 21,762,386 | |
RLJ Lodging Trust LP (C) | 3.750 | 07-01-26 | 9,702,000 | 9,580,725 | |
SBA Communications Corp. | 3.875 | 02-15-27 | 26,561,000 | 27,187,242 | |
SBA Tower Trust (C) | 2.836 | 01-15-25 | 22,542,000 | 23,244,623 | |
Uniti Group LP (C) | 6.500 | 02-15-29 | 8,691,000 | 8,355,745 | |
Ventas Realty LP | 3.500 | 02-01-25 | 19,079,000 | 20,206,486 | |
VICI Properties LP (C) | 4.125 | 08-15-30 | 11,387,000 | 11,899,415 | |
VICI Properties LP (C) | 4.625 | 12-01-29 | 14,615,000 | 15,524,930 | |
XHR LP (C) | 4.875 | 06-01-29 | 6,919,000 | 6,970,893 | |
Utilities 1.7% | 428,225,869 | ||||
Electric utilities 1.1% | |||||
ABY Transmision Sur SA (C) | 6.875 | 04-30-43 | 12,713,425 | 16,463,886 | |
Emera US Finance LP | 3.550 | 06-15-26 | 13,412,000 | 14,354,229 | |
FirstEnergy Corp. | 2.650 | 03-01-30 | 13,761,000 | 13,416,975 | |
Instituto Costarricense de Electricidad (C)(D) | 6.375 | 05-15-43 | 9,810,000 | 8,264,925 | |
Israel Electric Corp., Ltd. (C) | 6.875 | 06-21-23 | 6,705,000 | 7,271,252 | |
NextEra Energy Capital Holdings, Inc. | 3.550 | 05-01-27 | 45,811,000 | 49,448,016 | |
NRG Energy, Inc. (C) | 2.450 | 12-02-27 | 22,398,000 | 22,219,520 | |
NRG Energy, Inc. (C) | 3.375 | 02-15-29 | 3,544,000 | 3,420,244 | |
NRG Energy, Inc. (C) | 3.625 | 02-15-31 | 12,042,000 | 11,439,900 | |
NRG Energy, Inc. (C) | 3.875 | 02-15-32 | 25,503,000 | 24,479,055 | |
NRG Energy, Inc. (C) | 4.450 | 06-15-29 | 16,820,000 | 18,344,087 | |
Vistra Operations Company LLC (C) | 3.700 | 01-30-27 | 44,151,000 | 46,084,339 | |
Vistra Operations Company LLC (C) | 4.300 | 07-15-29 | 32,027,000 | 34,301,349 |
32 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities (continued) | |||||
Gas utilities 0.3% | |||||
AmeriGas Partners LP | 5.500 | 05-20-25 | 20,112,000 | $21,519,840 | |
Infraestructura Energetica Nova SAB de CV (C) | 4.750 | 01-15-51 | 32,046,000 | 31,318,556 | |
Suburban Propane Partners LP (C) | 5.000 | 06-01-31 | 11,351,000 | 11,209,113 | |
Independent power and renewable electricity producers 0.2% | |||||
AES Panama Generation Holdings SRL (C) | 4.375 | 05-31-30 | 16,304,000 | 16,528,343 | |
DPL, Inc. | 4.125 | 07-01-25 | 16,984,000 | 17,640,432 | |
LLPL Capital Pte, Ltd. (C)(D) | 6.875 | 02-04-39 | 3,262,195 | 3,731,951 | |
NextEra Energy Operating Partners LP (C) | 3.875 | 10-15-26 | 15,439,000 | 16,095,158 | |
NextEra Energy Operating Partners LP (C) | 4.500 | 09-15-27 | 6,134,000 | 6,490,569 | |
Multi-utilities 0.1% | |||||
Dominion Energy, Inc. | 3.375 | 04-01-30 | 16,637,000 | 17,661,078 | |
NiSource, Inc. | 3.600 | 05-01-30 | 15,381,000 | 16,523,052 | |
Municipal bonds 0.2% | $60,686,842 | ||||
(Cost $57,426,377) | |||||
New Jersey Transportation Trust Fund Authority | 4.081 | 06-15-39 | 21,809,000 | 25,100,351 | |
New Jersey Transportation Trust Fund Authority | 4.131 | 06-15-42 | 1,745,000 | 2,029,184 | |
State Board of Administration Finance Corp. (Florida) | 1.705 | 07-01-27 | 33,474,000 | 33,557,307 | |
Term loans (H) 0.3% | $62,179,305 | ||||
(Cost $62,668,607) | |||||
Communication services 0.0% | 2,635,282 | ||||
Media 0.0% | |||||
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) | 6.250 | 09-01-27 | 2,643,000 | 2,635,282 | |
Consumer discretionary 0.1% | 19,277,633 | ||||
Hotels, restaurants and leisure 0.1% | |||||
Carnival Corp., 2021 Incremental Term Loan B (6 month LIBOR + 3.250%) | 4.000 | 10-18-28 | 19,621,000 | 19,277,633 | |
Industrials 0.1% | 24,878,088 | ||||
Professional services 0.1% | |||||
CoreLogic, Inc., Term Loan (1 month LIBOR + 3.500%) | 4.000 | 06-02-28 | 25,193,000 | 24,878,088 | |
Information technology 0.1% | 11,793,237 | ||||
Semiconductors and semiconductor equipment 0.1% | |||||
MKS Instruments, Inc., 2021 USD Tem Loan (I) | TBD | 10-21-28 | 11,845,000 | 11,793,237 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 33 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials 0.0% | $3,595,065 | ||||
Containers and packaging 0.0% | |||||
Mauser Packaging Solutions Holding Company, 2017 Term Loan B (1 month LIBOR + 3.250%) | 3.337 | 04-03-24 | 3,671,244 | 3,595,065 | |
Collateralized mortgage obligations 5.8% | $1,453,403,315 | ||||
(Cost $1,596,345,890) | |||||
Commercial and residential 4.8% | 1,214,449,814 | ||||
Angel Oak Mortgage Trust LLC | |||||
Series 2020-R1, Class A1 (C)(J) | 0.990 | 04-25-53 | 16,522,266 | 16,468,640 | |
Series 2021-2, Class A1 (C)(J) | 0.985 | 04-25-66 | 12,968,473 | 12,851,672 | |
Series 2021-4, Class A1 (C)(J) | 1.035 | 01-20-65 | 26,841,762 | 26,579,461 | |
Series 2021-5, Class A1 (C)(J) | 0.951 | 07-25-66 | 31,965,164 | 31,631,172 | |
Arroyo Mortgage Trust | |||||
Series 2021-1R, Class A1 (C)(J) | 1.175 | 10-25-48 | 20,044,842 | 19,983,190 | |
BAMLL Commercial Mortgage Securities Trust | |||||
Series 2019-BPR, Class ENM (C)(J) | 3.719 | 11-05-32 | 11,565,000 | 11,007,122 | |
BBCMS Mortgage Trust | |||||
Series 2019-C5, Class A2 | 3.043 | 11-15-52 | 15,513,000 | 15,994,610 | |
Series 2020-C6, Class A2 | 2.690 | 02-15-53 | 10,761,000 | 11,057,243 | |
BBCMS Trust | |||||
Series 2015-MSQ, Class D (C)(J) | 3.990 | 09-15-32 | 7,340,000 | 7,379,919 | |
Series 2015-SRCH, Class D (C)(J) | 4.957 | 08-10-35 | 15,436,000 | 16,926,687 | |
Bear Stearns Commercial Mortgage Securities Trust | |||||
Series 2005-PWR8, Class X1 IO (C) | 0.716 | 06-11-41 | 13,398 | 15 | |
Benchmark Mortgage Trust | |||||
Series 2019-B12, Class A2 | 3.001 | 08-15-52 | 21,935,000 | 22,670,524 | |
Series 2019-B13, Class A2 | 2.889 | 08-15-57 | 20,055,000 | 20,568,609 | |
BRAVO Residential Funding Trust | |||||
Series 2021-NQM1, Class A1 (C)(J) | 0.941 | 02-25-49 | 12,488,463 | 12,492,963 | |
BWAY Mortgage Trust | |||||
Series 2015-1740, Class XA IO (C) | 0.896 | 01-10-35 | 123,773,000 | 111,321 | |
BX Commercial Mortgage Trust | |||||
Series 2018-BIOA, Class D (1 month LIBOR + 1.321%) (B)(C) | 1.427 | 03-15-37 | 22,072,000 | 21,988,736 | |
Series 2020-VKNG, Class A (1 month LIBOR + 0.930%) (B)(C) | 1.036 | 10-15-37 | 22,995,084 | 23,036,416 | |
Series 2021-ACNT, Class A (1 month LIBOR + 0.850%) (B)(C) | 0.950 | 11-15-26 | 16,629,000 | 16,587,552 | |
Series 2021-VOLT, Class C (1 month LIBOR + 1.100%) (B)(C) | 1.200 | 09-15-36 | 23,449,000 | 23,243,352 | |
CAMB Commercial Mortgage Trust | |||||
Series 2019-LIFE, Class D (1 month LIBOR + 1.750%) (B)(C) | 1.856 | 12-15-37 | 6,315,000 | 6,299,123 | |
Series 2019-LIFE, Class F (1 month LIBOR + 2.550%) (B)(C) | 2.656 | 12-15-37 | 12,809,000 | 12,765,251 | |
Citigroup Commercial Mortgage Trust | |||||
Series 2019-PRM, Class A (C) | 3.341 | 05-10-36 | 21,007,000 | 21,917,786 | |
Series 2019-SMRT, Class A (C) | 4.149 | 01-10-36 | 10,996,000 | 11,605,564 |
34 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
COLT Mortgage Loan Trust | |||||
Series 2021-2, Class A1 (C)(J) | 0.924 | 08-25-66 | 22,915,244 | $22,716,818 | |
Series 2021-3, Class A1 (C)(J) | 0.956 | 09-27-66 | 31,131,221 | 30,762,406 | |
Series 2021-HX1, Class A1 (C)(J) | 1.110 | 10-25-66 | 27,106,084 | 26,899,802 | |
COLT Trust | |||||
Series 2020-RPL1, Class A1 (C)(J) | 1.390 | 01-25-65 | 36,571,589 | 36,129,552 | |
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | |||||
Series 2012-CR2, Class XA IO | 1.620 | 08-15-45 | 63,195,265 | 185,497 | |
Series 2012-CR3, Class XA IO | 1.843 | 10-15-45 | 90,676,970 | 694,450 | |
Series 2014-CR15, Class XA IO | 0.928 | 02-10-47 | 51,220,933 | 694,336 | |
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG) | |||||
Series 2018-COR3, Class XA IO | 0.442 | 05-10-51 | 223,757,058 | 5,704,888 | |
Commercial Mortgage Trust (Deutsche Bank AG) | |||||
Series 2013-300P, Class D (C)(J) | 4.394 | 08-10-30 | 18,413,000 | 18,770,295 | |
Series 2017-PANW, Class A (C) | 3.244 | 10-10-29 | 7,264,000 | 7,429,361 | |
Series 2020-CBM, Class A2 (C) | 2.896 | 02-10-37 | 14,666,000 | 14,890,688 | |
Credit Suisse Mortgage Capital Certificates | |||||
Series 2019-ICE4, Class D (1 month LIBOR + 1.600%) (B)(C) | 1.706 | 05-15-36 | 23,820,000 | 23,787,974 | |
Series 2020-NET, Class A (C) | 2.257 | 08-15-37 | 7,202,000 | 7,280,240 | |
Series 2021-NQM2, Class A1 (C)(J) | 1.179 | 02-25-66 | 20,120,672 | 20,005,492 | |
Series 2021-NQM3, Class A1 (C)(J) | 1.015 | 04-25-66 | 16,900,629 | 16,764,486 | |
Series 2021-NQM5, Class A1 (C)(J) | 0.938 | 05-25-66 | 16,663,544 | 16,445,022 | |
Series 2021-NQM6, Class A1 (C)(J) | 1.174 | 07-25-66 | 27,126,301 | 26,912,529 | |
Ellington Financial Mortgage Trust | |||||
Series 2021-1, Class A1 (C)(J) | 0.797 | 02-25-66 | 9,994,198 | 9,924,955 | |
Series 2021-2, Class A1 (C)(J) | 0.931 | 06-25-66 | 18,692,594 | 18,521,366 | |
Flagstar Mortgage Trust | |||||
Series 2021-1, Class A2 (C)(J) | 2.500 | 02-01-51 | 31,823,122 | 32,000,441 | |
GCAT Trust | |||||
Series 2021-NQM1, Class A1 (C)(J) | 0.874 | 01-25-66 | 17,629,066 | 17,496,887 | |
Series 2021-NQM2, Class A1 (C)(J) | 1.036 | 05-25-66 | 14,790,338 | 14,707,589 | |
Series 2021-NQM3, Class A1 (C)(J) | 1.091 | 05-25-66 | 24,120,211 | 23,958,682 | |
GS Mortgage Securities Trust | |||||
Series 2011-GC5, Class XA IO (C) | 0.093 | 08-10-44 | 4,138,275 | 41 | |
Series 2015-590M, Class C (C)(J) | 3.805 | 10-10-35 | 6,950,000 | 7,184,333 | |
Series 2017-485L, Class C (C)(J) | 3.982 | 02-10-37 | 6,670,000 | 6,965,680 | |
Series 2019-GC40, Class A2 | 2.971 | 07-10-52 | 22,410,000 | 23,171,586 | |
Series 2020-UPTN, Class A (C) | 2.751 | 02-10-37 | 13,326,000 | 13,614,964 | |
GS Mortgage-Backed Securities Trust | |||||
Series 2020-NQM1, Class A1 (C)(J) | 1.382 | 09-27-60 | 5,762,252 | 5,741,091 | |
Series 2021-NQM1, Class A1 (C)(J) | 1.017 | 07-25-61 | 11,773,236 | 11,707,817 | |
HarborView Mortgage Loan Trust | |||||
Series 2007-3, Class ES IO (C) | 0.350 | 05-19-47 | 20,619,954 | 215,408 | |
Series 2007-4, Class ES IO | 0.350 | 07-19-47 | 22,005,309 | 294,255 | |
Series 2007-6, Class ES IO (C) | 0.343 | 08-19-37 | 21,831,861 | 309,759 | |
Imperial Fund Mortgage Trust | |||||
Series 2021-NQM1, Class A1 (C)(J) | 1.071 | 06-25-56 | 14,643,994 | 14,474,709 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 35 |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
IMT Trust | |||||
Series 2017-APTS, Class AFX (C) | 3.478 | 06-15-34 | 7,744,000 | $8,067,417 | |
Series 2017-APTS, Class CFX (C)(J) | 3.497 | 06-15-34 | 6,867,000 | 7,053,767 | |
Irvine Core Office Trust | |||||
Series 2013-IRV, Class A2 (C)(J) | 3.174 | 05-15-48 | 20,104,000 | 20,676,023 | |
Series 2013-IRV, Class XA IO (C) | 1.106 | 05-15-48 | 5,195,501 | 40,552 | |
JPMBB Commercial Mortgage Securities Trust | |||||
Series 2013-C14, Class XA IO | 0.556 | 08-15-46 | 7,398,742 | 38,999 | |
JPMorgan Chase Commercial Mortgage Securities Trust | |||||
Series 2012-HSBC, Class XA IO (C) | 1.431 | 07-05-32 | 78,781,503 | 383,666 | |
Series 2020-NNN, Class AFX (C) | 2.812 | 01-16-37 | 15,435,000 | 15,788,193 | |
KNDL Mortgage Trust | |||||
Series 2019-KNSQ, Class D (1 month LIBOR + 1.350%) (B)(C) | 1.456 | 05-15-36 | 11,580,000 | 11,521,843 | |
Life Mortgage Trust | |||||
Series 2021-BMR, Class A (1 month LIBOR + 0.700%) (B)(C) | 0.806 | 03-15-38 | 21,908,000 | 21,863,568 | |
Series 2021-BMR, Class D (1 month LIBOR + 1.400%) (B)(C) | 1.506 | 03-15-38 | 17,056,000 | 16,901,121 | |
MFA Trust | |||||
Series 2020-NQM3, Class A1 (C)(J) | 1.014 | 01-26-65 | 10,475,730 | 10,440,081 | |
Series 2021-NQM1, Class A1 (C)(J) | 1.153 | 04-25-65 | 15,805,966 | 15,749,424 | |
Morgan Stanley Bank of America Merrill Lynch Trust | |||||
Series 2012-C5, Class XA IO (C) | 1.411 | 08-15-45 | 10,820,620 | 36,343 | |
Series 2012-C6, Class XA IO (C) | 1.606 | 11-15-45 | 6,576,734 | 33,442 | |
Morgan Stanley Capital I Trust | |||||
Series 2017-CLS, Class D (1 month LIBOR + 1.400%) (B)(C) | 1.506 | 11-15-34 | 15,867,000 | 15,832,158 | |
Natixis Commercial Mortgage Securities Trust | |||||
Series 2018-285M, Class D (C)(J) | 3.790 | 11-15-32 | 9,223,000 | 9,291,555 | |
Series 2018-ALXA, Class C (C)(J) | 4.316 | 01-15-43 | 7,402,000 | 7,801,191 | |
OBX Trust | |||||
Series 2020-EXP2, Class A3 (C)(J) | 2.500 | 05-25-60 | 9,601,957 | 9,662,908 | |
Series 2021-NQM2, Class A1 (C)(J) | 1.101 | 05-25-61 | 25,447,330 | 25,329,857 | |
Series 2021-NQM3, Class A1 (C)(J) | 1.054 | 07-25-61 | 29,074,423 | 28,794,096 | |
One Market Plaza Trust | |||||
Series 2017-1MKT, Class D (C) | 4.146 | 02-10-32 | 5,035,000 | 5,045,727 | |
Provident Funding Mortgage Trust | |||||
Series 2020-F1, Class A2 (C)(J) | 2.000 | 01-25-36 | 27,954,827 | 28,029,274 | |
SLG Office Trust | |||||
Series 2021-OVA, Class D (C) | 2.851 | 07-15-41 | 22,906,000 | 22,443,070 | |
Starwood Mortgage Residential Trust | |||||
Series 2020-3, Class A1 (C)(J) | 1.486 | 04-25-65 | 7,992,649 | 8,014,124 | |
Verus Securitization Trust | |||||
Series 2020-5, Class A1 (C) | 1.218 | 05-25-65 | 7,860,533 | 7,849,530 | |
Series 2021-3, Class A1 (C)(J) | 1.046 | 06-25-66 | 25,902,863 | 25,687,025 | |
Series 2021-4, Class A1 (C)(J) | 0.938 | 07-25-66 | 12,809,655 | 12,668,731 | |
Series 2021-5, Class A1 (C)(J) | 1.013 | 09-25-66 | 24,966,096 | 24,611,109 | |
Series 2021-R1, Class A1 (C)(J) | 0.820 | 10-25-63 | 14,702,102 | 14,662,801 |
36 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
WF-RBS Commercial Mortgage Trust | |||||
Series 2012-C10, Class XA IO (C) | 1.520 | 12-15-45 | 7,794,968 | $81,650 | |
Series 2012-C9, Class XA IO (C) | 1.874 | 11-15-45 | 51,325,564 | 444,875 | |
Series 2013-C16, Class XA IO | 0.652 | 09-15-46 | 8,441,100 | 75,367 | |
U.S. Government Agency 1.0% | 238,953,501 | ||||
Federal Home Loan Mortgage Corp. | |||||
Series K017, Class X1 IO | 1.285 | 12-25-21 | 30,719,182 | 31 | |
Series K018, Class X1 IO | 1.235 | 01-25-22 | 43,182,488 | 1,628 | |
Series K021, Class X1 IO | 1.400 | 06-25-22 | 30,855,464 | 56,206 | |
Series K022, Class X1 IO | 1.175 | 07-25-22 | 260,508,050 | 1,260,156 | |
Series K024, Class X1 IO | 0.791 | 09-25-22 | 9,336,522 | 44,770 | |
Series K026, Class X1 IO | 0.954 | 11-25-22 | 14,548,405 | 103,740 | |
Series K038, Class X1 IO | 1.113 | 03-25-24 | 172,836,608 | 3,853,686 | |
Series K718, Class X1 IO | 0.575 | 01-25-22 | 3,197,219 | 507 | |
Series KS01, Class X1 IO | 1.198 | 01-25-23 | 31,761,728 | 118,287 | |
Series KS03, Class X IO | 0.224 | 08-25-25 | 34,596,191 | 121,270 | |
Series T-41, Class 3A (J) | 4.579 | 07-25-32 | 900 | 989 | |
Federal National Mortgage Association | |||||
Series 2001-50, Class BA | 7.000 | 10-25-41 | 115 | 129 | |
Series 2012-M5, Class X IO | 0.605 | 02-25-22 | 717,330 | 9 | |
Government National Mortgage Association | |||||
Series 2008-90, Class IO | 1.945 | 12-16-50 | 2,073,712 | 308,818 | |
Series 2012-114, Class IO | 0.692 | 01-16-53 | 12,318,282 | 264,348 | |
Series 2012-120, Class IO | 0.708 | 02-16-53 | 5,196,212 | 110,162 | |
Series 2012-70, Class IO | 0.165 | 08-16-52 | 1,225,791 | 2,762 | |
Series 2013-63, Class IO | 0.764 | 09-16-51 | 8,273,255 | 222,238 | |
Series 2016-174, Class IO | 0.858 | 11-16-56 | 47,082,342 | 2,492,341 | |
Series 2017-109, Class IO | 0.507 | 04-16-57 | 81,705,681 | 2,619,345 | |
Series 2017-124, Class IO | 0.677 | 01-16-59 | 54,084,203 | 2,373,610 | |
Series 2017-135, Class IO | 0.774 | 10-16-58 | 55,149,740 | 2,678,320 | |
Series 2017-140, Class IO | 0.565 | 02-16-59 | 25,325,685 | 1,093,761 | |
Series 2017-159, Class IO | 0.506 | 06-16-59 | 39,255,229 | 1,769,559 | |
Series 2017-169, Class IO | 0.614 | 01-16-60 | 101,073,176 | 4,543,330 | |
Series 2017-20, Class IO | 0.695 | 12-16-58 | 140,474,382 | 5,451,052 | |
Series 2017-22, Class IO | 0.773 | 12-16-57 | 13,741,068 | 652,508 | |
Series 2017-41, Class IO | 0.699 | 07-16-58 | 66,751,766 | 2,582,713 | |
Series 2017-46, Class IO | 0.641 | 11-16-57 | 77,798,674 | 3,447,648 | |
Series 2017-61, Class IO | 0.698 | 05-16-59 | 24,285,803 | 1,211,186 | |
Series 2017-74, Class IO | 0.582 | 09-16-58 | 59,134,262 | 2,059,540 | |
Series 2017-89, Class IO | 0.697 | 07-16-59 | 62,165,815 | 3,015,838 | |
Series 2018-114, Class IO | 0.571 | 04-16-60 | 74,913,583 | 3,952,029 | |
Series 2018-158, Class IO | 0.717 | 05-16-61 | 93,750,188 | 5,954,140 | |
Series 2018-35, Class IO | 0.523 | 03-16-60 | 85,864,492 | 4,248,961 | |
Series 2018-43, Class IO | 0.551 | 05-16-60 | 129,609,862 | 5,916,885 | |
Series 2018-68, Class IO | 0.463 | 01-16-60 | 14,246,463 | 691,005 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 37 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Series 2018-69, Class IO | 0.566 | 04-16-60 | 40,828,862 | $2,362,542 | |
Series 2018-81, Class IO | 0.454 | 01-16-60 | 23,553,261 | 1,307,675 | |
Series 2018-9, Class IO | 0.534 | 01-16-60 | 75,955,856 | 3,550,526 | |
Series 2018-99, Class IO | 0.406 | 06-16-60 | 54,054,514 | 2,623,460 | |
Series 2019-131, Class IO | 0.922 | 07-16-61 | 74,554,281 | 4,727,017 | |
Series 2020-100, Class IO | 0.909 | 05-16-62 | 85,048,983 | 6,479,032 | |
Series 2020-108, Class IO | 0.933 | 06-16-62 | 219,282,433 | 16,216,046 | |
Series 2020-114, Class IO | 0.927 | 09-16-62 | 215,183,148 | 15,682,741 | |
Series 2020-118, Class IO | 1.047 | 06-16-62 | 172,658,439 | 13,393,875 | |
Series 2020-119, Class IO | 0.813 | 08-16-62 | 86,761,938 | 5,743,640 | |
Series 2020-120, Class IO | 0.853 | 05-16-62 | 45,728,825 | 3,484,486 | |
Series 2020-137, Class IO | 0.844 | 09-16-62 | 286,859,963 | 20,377,585 | |
Series 2020-150, Class IO | 0.984 | 12-16-62 | 137,910,322 | 11,155,980 | |
Series 2020-170, Class IO | 0.886 | 11-16-62 | 201,269,946 | 15,768,635 | |
Series 2020-92, Class IO | 1.016 | 02-16-62 | 33,517,273 | 2,594,592 | |
Series 2021-110, Class IO | 0.890 | 11-16-63 | 102,433,939 | 8,528,209 | |
Series 2021-110, Class IO | 0.872 | 01-16-63 | 93,800,708 | 7,381,197 | |
Series 2021-163, Class IO | 0.863 | 03-16-64 | 129,501,174 | 10,362,205 | |
Series 2021-3, Class IO | 0.958 | 09-16-62 | 241,171,915 | 19,263,438 | |
Series 2021-40, Class IO | 0.843 | 02-16-63 | 61,901,237 | 4,727,113 | |
Asset backed securities 8.3% | $2,098,551,320 | ||||
(Cost $2,096,543,082) | |||||
Asset backed securities 8.3% | 2,098,551,320 | ||||
Aligned Data Centers Issuer LLC | |||||
Series 2021-1A, Class A2 (C) | 1.937 | 08-15-46 | 39,952,000 | 39,559,120 | |
Amresco Residential Securities Corp. Mortgage Loan Trust | |||||
Series 1998-1, Class A6 (J) | 6.510 | 08-25-27 | 1 | 1 | |
AMSR Trust | |||||
Series 2020-SFR4, Class A (C) | 1.355 | 11-17-37 | 33,892,000 | 33,123,848 | |
Series 2021-SFR4, Class A (C) | 2.117 | 12-17-38 | 14,074,000 | 14,089,263 | |
Applebee’s Funding LLC | |||||
Series 2019-1A, Class A2I (C) | 4.194 | 06-05-49 | 31,476,060 | 31,867,182 | |
Aqua Finance Trust | |||||
Series 2021-A, Class A (C) | 1.540 | 07-17-46 | 15,113,395 | 14,996,634 | |
Arby’s Funding LLC | |||||
Series 2020-1A, Class A2 (C) | 3.237 | 07-30-50 | 31,215,863 | 32,165,355 | |
Avis Budget Rental Car Funding AESOP LLC | |||||
Series 2019-3A, Class A (C) | 2.360 | 03-20-26 | 30,662,000 | 31,489,724 | |
Series 2020-1A, Class A (C) | 2.330 | 08-20-26 | 23,406,000 | 24,115,384 | |
Bojangles Issuer LLC | |||||
Series 2020-1A, Class A2 (C) | 3.832 | 10-20-50 | 15,998,000 | 16,401,438 | |
BRE Grand Islander Timeshare Issuer LLC | |||||
Series 2019-A, Class A (C) | 3.280 | 09-26-33 | 11,087,906 | 11,443,346 | |
CARS-DB4 LP | |||||
Series 2020-1A, Class B1 (C) | 4.170 | 02-15-50 | 21,876,000 | 22,259,819 |
38 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
CF Hippolyta LLC | |||||
Series 2020-1, Class A1 (C) | 1.690 | 07-15-60 | 33,852,218 | $33,697,564 | |
Series 2021-1A, Class A1 (C) | 1.530 | 03-15-61 | 28,754,812 | 28,266,538 | |
Chase Auto Credit Linked Notes | |||||
Series 2021-3, Class B (C) | 0.760 | 02-26-29 | 19,056,460 | 18,971,685 | |
CLI Funding VI LLC | |||||
Series 2020-1A, Class A (C) | 2.080 | 09-18-45 | 42,916,802 | 42,518,873 | |
CLI Funding VIII LLC | |||||
Series 2021-1A, Class A (C) | 1.640 | 02-18-46 | 31,884,735 | 31,183,012 | |
ContiMortgage Home Equity Loan Trust | |||||
Series 1995-2, Class A5 | 8.100 | 08-15-25 | 74,580 | 73,405 | |
CoreVest American Finance Trust | |||||
Series 2019-3, Class A (C) | 2.705 | 10-15-52 | 5,036,302 | 5,154,679 | |
DataBank Issuer | |||||
Series 2021-1A, Class A2 (C) | 2.060 | 02-27-51 | 14,617,000 | 14,366,916 | |
Series 2021-1A, Class C (C) | 4.430 | 02-27-51 | 3,400,000 | 3,404,606 | |
DB Master Finance LLC | |||||
Series 2017-1A, Class A2II (C) | 4.030 | 11-20-47 | 11,726,138 | 12,228,145 | |
Series 2021-1A, Class A2I (C) | 2.045 | 11-20-51 | 52,278,000 | 51,420,745 | |
Diamond Infrastructure Funding LLC | |||||
Series 2021-1A, Class C (C) | 3.475 | 04-15-49 | 6,825,000 | 6,758,290 | |
Domino’s Pizza Master Issuer LLC | |||||
Series 2017-1A, Class A23 (C) | 4.118 | 07-25-47 | 35,681,800 | 37,785,563 | |
Series 2021-1A, Class A2I (C) | 2.662 | 04-25-51 | 24,215,315 | 24,360,801 | |
Driven Brands Funding LLC | |||||
Series 2020-2A, Class A2 (C) | 3.237 | 01-20-51 | 21,486,633 | 21,863,938 | |
Series 2021-1A, Class A2 (C) | 2.791 | 10-20-51 | 29,249,000 | 28,779,290 | |
ExteNet LLC | |||||
Series 2019-1A, Class C (C) | 5.219 | 07-26-49 | 7,100,000 | 7,333,685 | |
FirstKey Homes Trust | |||||
Series 2020-SFR1, Class A (C) | 1.339 | 08-17-37 | 39,402,152 | 38,695,742 | |
Series 2020-SFR2, Class A (C) | 1.266 | 10-19-37 | 42,896,628 | 41,924,882 | |
Series 2021-SFR1, Class A (C) | 1.538 | 08-17-38 | 34,685,626 | 34,112,369 | |
Series 2021-SFR1, Class D (C) | 2.189 | 08-17-38 | 22,619,000 | 22,142,897 | |
Five Guys Funding LLC | |||||
Series 2017-1A, Class A2 (C) | 4.600 | 07-25-47 | 16,832,800 | 17,415,871 | |
FOCUS Brands Funding LLC | |||||
Series 2017-1A, Class A2IB (C) | 3.857 | 04-30-47 | 9,769,091 | 9,917,601 | |
Ford Credit Auto Owner Trust | |||||
Series 2020-1, Class A (C) | 2.040 | 08-15-31 | 40,485,000 | 41,356,731 | |
Ford Credit Floorplan Master Owner Trust | |||||
Series 2019-2, Class A | 3.060 | 04-15-26 | 40,290,000 | 42,128,566 | |
Series 2020-2, Class A | 1.060 | 09-15-27 | 40,465,000 | 39,819,308 | |
GM Financial Automobile Leasing Trust | |||||
Series 2021-2, Class A4 | 0.410 | 05-20-25 | 7,975,000 | 7,899,252 | |
GMF Floorplan Owner Revolving Trust | |||||
Series 2019-2, Class A (C) | 2.900 | 04-15-26 | 33,302,000 | 34,680,663 | |
Series 2020-1, Class A (C) | 0.680 | 08-15-25 | 15,128,000 | 15,091,660 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 39 |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Golub Capital Partners Funding, Ltd. | |||||
Series 2020-1A, Class A2 (C) | 3.208 | 01-22-29 | 22,181,000 | $22,269,879 | |
Series 2021-1A, Class A2 (C) | 2.773 | 04-20-29 | 21,502,000 | 21,330,322 | |
Hilton Grand Vacations Trust | |||||
Series 2017-AA, Class A (C) | 2.660 | 12-26-28 | 8,586,451 | 8,723,175 | |
Series 2018-AA, Class A (C) | 3.540 | 02-25-32 | 6,421,197 | 6,628,519 | |
Home Partners of America Trust | |||||
Series 2021-2, Class A (C) | 1.901 | 12-17-26 | 27,754,000 | 27,806,480 | |
Honda Auto Receivables Owner Trust | |||||
Series 2021-2, Class A4 | 0.550 | 08-16-27 | 15,905,000 | 15,666,562 | |
Hotwire Funding LLC | |||||
Series 2021-1, Class C (C) | 4.459 | 11-20-51 | 4,950,000 | 4,931,350 | |
Jack in the Box Funding LLC | |||||
Series 2019-1A, Class A23 (C) | 4.970 | 08-25-49 | 17,022,368 | 18,477,116 | |
Series 2019-1A, Class A2I (C) | 3.982 | 08-25-49 | 13,609,160 | 13,696,150 | |
Laurel Road Prime Student Loan Trust | |||||
Series 2019-A, Class A2FX (C) | 2.730 | 10-25-48 | 3,586,886 | 3,639,041 | |
MVW Owner Trust | |||||
Series 2018-1A, Class A (C) | 3.450 | 01-21-36 | 12,619,019 | 12,957,437 | |
Navient Private Education Loan Trust | |||||
Series 2016-AA, Class A2A (C) | 3.910 | 12-15-45 | 5,158,640 | 5,385,858 | |
Navient Private Education Refi Loan Trust | |||||
Series 2019-FA, Class A2 (C) | 2.600 | 08-15-68 | 15,550,916 | 15,843,110 | |
Navient Student Loan Trust | |||||
Series 2020-2A, Class A1A (C) | 1.320 | 08-26-69 | 22,289,963 | 21,750,271 | |
Neighborly Issuer LLC | |||||
Series 2021-1A, Class A2 (C) | 3.584 | 04-30-51 | 42,558,140 | 43,035,727 | |
New Economy Assets Phase 1 Sponsor LLC | |||||
Series 2021-1, Class A1 (C) | 1.910 | 10-20-61 | 41,424,000 | 40,710,849 | |
Series 2021-1, Class B1 (C) | 2.410 | 10-20-61 | 12,548,000 | 12,558,527 | |
NRZ Excess Spread-Collateralized Notes | |||||
Series 2018-FNT1, Class A (C) | 3.610 | 05-25-23 | 3,631,273 | 3,628,299 | |
Series 2018-FNT2, Class A (C) | 3.790 | 07-25-54 | 2,500,059 | 2,502,399 | |
Series 2021-FHT1, Class A (C) | 3.104 | 07-25-26 | 7,770,265 | 7,754,979 | |
Oxford Finance Funding LLC | |||||
Series 2019-1A, Class A2 (C) | 4.459 | 02-15-27 | 11,632,287 | 11,895,689 | |
PFS Financing Corp. | |||||
Series 2020-E, Class A (C) | 1.000 | 10-15-25 | 20,469,000 | 20,438,933 | |
Progress Residential Trust | |||||
Series 2020-SFR1, Class A (C) | 1.732 | 04-17-37 | 18,308,000 | 18,220,700 | |
Series 2021-SFR8, Class B (C) | 1.681 | 10-17-38 | 13,890,000 | 13,564,506 | |
Renaissance Home Equity Loan Trust | |||||
Series 2005-2, Class AF4 | 4.934 | 08-25-35 | 3,352,938 | 3,432,423 | |
Santander Revolving Auto Loan Trust | |||||
Series 2019-A, Class A (C) | 2.510 | 01-26-32 | 43,933,000 | 45,499,774 | |
SCF Equipment Leasing LLC | |||||
Series 2021-1A, Class E (C) | 3.560 | 08-20-32 | 3,300,000 | 3,212,602 | |
ServiceMaster Funding LLC | |||||
Series 2021-1, Class A2I (C) | 2.865 | 07-30-51 | 31,346,000 | 30,571,284 |
40 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Sesac Finance LLC | |||||
Series 2019-1, Class A2 (C) | 5.216 | 07-25-49 | 26,146,170 | $27,396,846 | |
Sierra Timeshare Receivables Funding LLC | |||||
Series 2018-3A, Class D (C) | 5.200 | 09-20-35 | 2,203,906 | 2,264,946 | |
Series 2019-1A, Class A (C) | 3.200 | 01-20-36 | 3,840,956 | 3,938,961 | |
Series 2021-1A, Class D (C) | 3.170 | 11-20-37 | 3,818,495 | 3,793,472 | |
SMB Private Education Loan Trust | |||||
Series 2015-C, Class A2A (C) | 2.750 | 07-15-27 | 872,730 | 876,363 | |
Series 2019-B, Class A2A (C) | 2.840 | 06-15-37 | 26,153,404 | 26,895,135 | |
Series 2020-PTA, Class A2A (C) | 1.600 | 09-15-54 | 24,985,703 | 24,922,984 | |
Series 2021-A, Class APT2 (C) | 1.070 | 01-15-53 | 17,378,267 | 16,908,140 | |
Sonic Capital LLC | |||||
Series 2020-1A, Class A2I (C) | 3.845 | 01-20-50 | 27,350,788 | 28,463,910 | |
Series 2021-1A, Class A2I (C) | 2.190 | 08-20-51 | 22,261,835 | 21,694,158 | |
Sunbird Engine Finance LLC | |||||
Series 2020-1A, Class A (C) | 3.671 | 02-15-45 | 9,107,754 | 8,875,457 | |
Taco Bell Funding LLC | |||||
Series 2021-1A, Class A2I (C) | 1.946 | 08-25-51 | 45,302,000 | 44,530,326 | |
TIF Funding II LLC | |||||
Series 2021-1A, Class A (C) | 1.650 | 02-20-46 | 20,476,271 | 19,863,039 | |
Towd Point Mortgage Trust | |||||
Series 2015-1, Class A5 (C)(J) | 3.399 | 10-25-53 | 7,568,000 | 7,773,854 | |
Series 2015-2, Class 1M2 (C)(J) | 3.504 | 11-25-60 | 10,930,000 | 11,235,334 | |
Series 2017-2, Class A1 (C)(J) | 2.750 | 04-25-57 | 1,028,812 | 1,039,207 | |
Series 2018-1, Class A1 (C)(J) | 3.000 | 01-25-58 | 3,645,906 | 3,698,166 | |
Series 2018-4, Class A1 (C)(J) | 3.000 | 06-25-58 | 16,843,467 | 17,289,128 | |
Series 2018-5, Class A1A (C)(J) | 3.250 | 07-25-58 | 2,214,369 | 2,251,052 | |
Series 2018-6, Class A1A (C)(J) | 3.750 | 03-25-58 | 16,078,646 | 16,410,093 | |
Series 2019-1, Class A1 (C)(J) | 3.735 | 03-25-58 | 15,230,040 | 15,797,605 | |
Series 2019-4, Class A1 (C)(J) | 2.900 | 10-25-59 | 15,492,176 | 15,820,259 | |
Series 2020-4, Class A1 (C) | 1.750 | 10-25-60 | 19,636,078 | 19,643,391 | |
Toyota Auto Loan Extended Note Trust | |||||
Series 2019-1A, Class A (C) | 2.560 | 11-25-31 | 62,034,000 | 64,205,153 | |
Series 2020-1A, Class A (C) | 1.350 | 05-25-33 | 22,535,000 | 22,541,109 | |
Triton Container Finance VIII LLC | |||||
Series 2020-1A, Class A (C) | 2.110 | 09-20-45 | 45,408,306 | 45,077,370 | |
Series 2021-1A, Class A (C) | 1.860 | 03-20-46 | 26,824,627 | 26,210,699 | |
Vantage Data Centers LLC | |||||
Series 2020-1A, Class A2 (C) | 1.645 | 09-15-45 | 26,045,000 | 25,521,772 | |
Series 2020-2A, Class A2 (C) | 1.992 | 09-15-45 | 20,601,000 | 20,292,807 | |
VR Funding LLC | |||||
Series 2020-1A, Class A (C) | 2.790 | 11-15-50 | 32,718,447 | 32,537,337 | |
VSE VOI Mortgage LLC | |||||
Series 2017-A, Class A (C) | 2.330 | 03-20-35 | 9,353,229 | 9,482,805 | |
Wendy’s Funding LLC | |||||
Series 2021-1A, Class A2I (C) | 2.370 | 06-15-51 | 25,780,388 | 25,421,189 | |
Willis Engine Structured Trust V | |||||
Series 2020-A, Class A (C) | 3.228 | 03-15-45 | 7,676,275 | 7,543,792 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 41 |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Zaxby’s Funding LLC | |||||
Series 2021-1A, Class A2 (C) | 3.238 | 07-30-51 | 36,533,438 | $37,339,109 | |
Shares | Value | ||||
Common stocks 0.1% | $26,105,482 | ||||
(Cost $29,181,084) | |||||
Utilities 0.1% | 26,105,482 | ||||
Multi-utilities 0.1% | |||||
Algonquin Power & Utilities Corp. | 533,950 | 23,760,775 | |||
Dominion Energy, Inc. | 24,838 | 2,344,707 | |||
Preferred securities 0.2% | $48,171,981 | ||||
(Cost $45,015,094) | |||||
Communication services 0.1% | 12,444,756 | ||||
Wireless telecommunication services 0.1% | |||||
Telephone & Data Systems, Inc., 6.625% | 468,200 | 12,444,756 | |||
Consumer staples 0.0% | 2,602,128 | ||||
Food products 0.0% | |||||
Ocean Spray Cranberries, Inc., 6.250% (C) | 28,284 | 2,602,128 | |||
Financials 0.0% | 3,135,817 | ||||
Banks 0.0% | |||||
Wells Fargo & Company, 7.500% | 2,139 | 3,135,817 | |||
Utilities 0.1% | 29,989,280 | ||||
Electric utilities 0.1% | |||||
NextEra Energy, Inc., 5.279% | 275,700 | 14,912,613 | |||
The Southern Company, 6.750% | 38,814 | 1,942,641 | |||
Multi-utilities 0.0% | |||||
DTE Energy Company, 6.250% | 33,037 | 1,596,017 | |||
NiSource, Inc., 7.750% | 111,900 | 11,538,009 | |||
Par value^ | Value | ||||
Escrow certificates 0.0% | $58,773 | ||||
(Cost $0) | |||||
LSC Communications, Inc. (C)(K) | 19,591,000 | 58,773 | |||
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 4.9% | $1,247,566,720 | ||||
(Cost $1,247,540,364) | |||||
Commercial paper 0.7% | 188,000,633 | ||||
Automatic Data Processing, Inc. | 0.040 | 12-01-21 | 140,000,000 | 139,999,728 | |
Old Line Funding LLC | 0.050 | 12-01-21 | 48,001,000 | 48,000,905 |
42 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Yield* (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency 1.6% | $406,867,000 | ||||
Federal Agricultural Mortgage Corp. Discount Note | 0.010 | 12-01-21 | 100,000,000 | 100,000,000 | |
Federal Farm Credit Bank Discount Note | 0.010 | 12-01-21 | 20,000,000 | 20,000,000 | |
Federal Home Loan Bank Discount Note | 0.005 | 12-01-21 | 286,867,000 | 286,867,000 |
Yield (%) | Shares | Value | |||
Short-term funds 0.2% | 52,726,087 | ||||
John Hancock Collateral Trust (L) | 0.0000(M) | 5,269,921 | 52,726,087 |
Par value^ | Value | ||||
Repurchase agreement 2.4% | 599,973,000 | ||||
Repurchase Agreement with State Street Corp. dated 11-30-21 at 0.000% to be repurchased at $599,973,000 on 12-1-21, collateralized by $447,082,600 U.S. Treasury Notes, 0.125% - 1.500% due 3-31-23 (valued at $446,876,666) and $141,579,500 U.S. Treasury Inflation Indexed Notes, 0.625% due 4-15-23 (valued at $165,095,828) | 599,973,000 | 599,973,000 |
Total investments (Cost $25,695,194,618) 103.2% | $26,034,034,715 | ||||
Other assets and liabilities, net (3.2%) | (808,555,565) | ||||
Total net assets 100.0% | $25,225,479,150 |
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 |
ICE | Intercontinental Exchange |
IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
LIBOR | London Interbank Offered Rate |
PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
SOFR | Secured Overnight Financing 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) | Security purchased or sold on a when-issued or delayed delivery basis. |
(B) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(C) | 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 $8,103,063,735 or 32.1% of the fund’s net assets as of 11-30-21. |
(D) | All or a portion of this security is on loan as of 11-30-21. |
(E) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(F) | Non-income producing - Issuer is in default. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 43 |
(G) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements. |
(H) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(I) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
(J) | 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. |
(K) | Non-income producing security. |
(L) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(M) | The rate shown is the annualized seven-day yield as of 11-30-21. |
* | 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. |
44 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $25,642,495,254) including $51,659,020 of securities loaned | $25,981,308,628 |
Affiliated investments, at value (Cost $52,699,364) | 52,726,087 |
Total investments, at value (Cost $25,695,194,618) | 26,034,034,715 |
Cash | 28,774,315 |
Dividends and interest receivable | 168,037,332 |
Receivable for fund shares sold | 52,752,506 |
Receivable for investments sold | 12,969,537 |
Receivable for securities lending income | 32,154 |
Other assets | 1,270,674 |
Total assets | 26,297,871,233 |
Liabilities | |
Distributions payable | 1,397,045 |
Payable for investments purchased | 30,755,931 |
Payable for delayed delivery securities purchased | 942,839,545 |
Payable for fund shares repurchased | 38,781,274 |
Payable upon return of securities loaned | 52,738,290 |
Payable to affiliates | |
Accounting and legal services fees | 1,243,011 |
Transfer agent fees | 937,750 |
Distribution and service fees | 207,465 |
Trustees’ fees | 6,293 |
Other liabilities and accrued expenses | 3,485,479 |
Total liabilities | 1,072,392,083 |
Net assets | $25,225,479,150 |
Net assets consist of | |
Paid-in capital | $24,813,023,023 |
Total distributable earnings (loss) | 412,456,127 |
Net assets | $25,225,479,150 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 45 |
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 ($2,212,409,509 ÷ 135,997,865 shares)1 | $16.27 |
Class C ($218,128,803 ÷ 13,408,329 shares)1 | $16.27 |
Class I ($6,524,867,110 ÷ 401,050,395 shares) | $16.27 |
Class R2 ($106,035,356 ÷ 6,510,252 shares) | $16.29 |
Class R4 ($64,139,607 ÷ 3,936,744 shares) | $16.29 |
Class R6 ($11,735,942,673 ÷ 720,093,874 shares) | $16.30 |
Class NAV ($4,363,956,092 ÷ 267,868,207 shares) | $16.29 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $16.95 |
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. |
46 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Interest | $387,299,944 |
Dividends | 3,296,500 |
Securities lending | 222,543 |
Less foreign taxes withheld | (136,648) |
Total investment income | 390,682,339 |
Expenses | |
Investment management fees | 38,240,507 |
Distribution and service fees | 4,838,684 |
Accounting and legal services fees | 2,087,211 |
Transfer agent fees | 5,550,069 |
Trustees’ fees | 184,270 |
Custodian fees | 1,366,340 |
State registration fees | 322,336 |
Printing and postage | 388,663 |
Professional fees | 271,602 |
Other | 616,740 |
Total expenses | 53,866,422 |
Less expense reductions | (1,166,268) |
Net expenses | 52,700,154 |
Net investment income | 337,982,185 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | 132,217,266 |
Affiliated investments | (5,082) |
132,212,184 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (199,095,125) |
Affiliated investments | (794) |
(199,095,919) | |
Net realized and unrealized loss | (66,883,735) |
Increase in net assets from operations | $271,098,450 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 47 |
Six months ended 11-30-21 (unaudited) | Year ended 5-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $337,982,185 | $628,231,002 |
Net realized gain | 132,212,184 | 122,007,257 |
Change in net unrealized appreciation (depreciation) | (199,095,919) | 31,921,307 |
Increase in net assets resulting from operations | 271,098,450 | 782,159,566 |
Distributions to shareholders | ||
From earnings | ||
Class A | (29,553,827) | (93,164,613) |
Class B | — | (18,026)1 |
Class C | (2,281,766) | (8,873,298) |
Class I | (95,917,784) | (247,106,242) |
Class R2 | (1,432,528) | (4,377,095) |
Class R4 | (906,408) | (2,607,626) |
Class R6 | (171,910,493) | (390,138,865) |
Class NAV | (68,669,485) | (184,529,067) |
Total distributions | (370,672,291) | (930,814,832) |
From fund share transactions | 1,731,984,606 | 5,463,488,617 |
Total increase | 1,632,410,765 | 5,314,833,351 |
Net assets | ||
Beginning of period | 23,593,068,385 | 18,278,235,034 |
End of period | $25,225,479,150 | $23,593,068,385 |
1 | Share class was redesignated during the period. Refer to Note 5 for further details. |
48 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 11-30-211 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 | 5-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $16.32 | $16.37 | $15.83 | $15.41 | $15.93 | $15.79 |
Net investment income2 | 0.20 | 0.44 | 0.45 | 0.49 | 0.46 | 0.45 |
Net realized and unrealized gain (loss) on investments | (0.03) | 0.19 | 0.68 | 0.46 | (0.47) | 0.18 |
Total from investment operations | 0.17 | 0.63 | 1.13 | 0.95 | (0.01) | 0.63 |
Less distributions | ||||||
From net investment income | (0.22) | (0.50) | (0.49) | (0.53) | (0.51) | (0.49) |
From net realized gain | — | (0.18) | (0.10) | — | — | — |
Total distributions | (0.22) | (0.68) | (0.59) | (0.53) | (0.51) | (0.49) |
Net asset value, end of period | $16.27 | $16.32 | $16.37 | $15.83 | $15.41 | $15.93 |
Total return (%)3,4 | 1.045 | 3.83 | 7.22 | 6.33 | (0.11) | 4.07 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $2,212 | $2,139 | $2,100 | $1,688 | $1,488 | $1,492 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.776 | 0.78 | 0.79 | 0.78 | 0.81 | 0.89 |
Expenses including reductions | 0.766 | 0.77 | 0.78 | 0.78 | 0.79 | 0.83 |
Net investment income | 2.426 | 2.65 | 2.82 | 3.21 | 2.93 | 2.83 |
Portfolio turnover (%) | 59 | 98 | 125 | 106 | 74 | 987 |
1 | Six months ended 11-30-21. Unaudited. |
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 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Annualized. |
7 | Excludes merger activity. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 49 |
CLASS C SHARES Period ended | 11-30-211 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 | 5-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $16.32 | $16.37 | $15.84 | $15.41 | $15.93 | $15.79 |
Net investment income2 | 0.14 | 0.32 | 0.34 | 0.39 | 0.35 | 0.34 |
Net realized and unrealized gain (loss) on investments | (0.03) | 0.19 | 0.66 | 0.46 | (0.47) | 0.18 |
Total from investment operations | 0.11 | 0.51 | 1.00 | 0.85 | (0.12) | 0.52 |
Less distributions | ||||||
From net investment income | (0.16) | (0.38) | (0.37) | (0.42) | (0.40) | (0.38) |
From net realized gain | — | (0.18) | (0.10) | — | — | — |
Total distributions | (0.16) | (0.56) | (0.47) | (0.42) | (0.40) | (0.38) |
Net asset value, end of period | $16.27 | $16.32 | $16.37 | $15.84 | $15.41 | $15.93 |
Total return (%)3,4 | 0.695 | 3.10 | 6.41 | 5.66 | (0.80) | 3.35 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $218 | $239 | $278 | $252 | $269 | $299 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.476 | 1.48 | 1.49 | 1.48 | 1.51 | 1.59 |
Expenses including reductions | 1.466 | 1.47 | 1.48 | 1.48 | 1.49 | 1.53 |
Net investment income | 1.726 | 1.94 | 2.11 | 2.51 | 2.23 | 2.14 |
Portfolio turnover (%) | 59 | 98 | 125 | 106 | 74 | 987 |
1 | Six months ended 11-30-21. Unaudited. |
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 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Annualized. |
7 | Excludes merger activity. |
50 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 11-30-211 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 | 5-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $16.33 | $16.37 | $15.84 | $15.41 | $15.93 | $15.80 |
Net investment income2 | 0.22 | 0.49 | 0.50 | 0.53 | 0.50 | 0.50 |
Net realized and unrealized gain (loss) on investments | (0.03) | 0.20 | 0.67 | 0.47 | (0.47) | 0.17 |
Total from investment operations | 0.19 | 0.69 | 1.17 | 1.00 | 0.03 | 0.67 |
Less distributions | ||||||
From net investment income | (0.25) | (0.55) | (0.54) | (0.57) | (0.55) | (0.54) |
From net realized gain | — | (0.18) | (0.10) | — | — | — |
Total distributions | (0.25) | (0.73) | (0.64) | (0.57) | (0.55) | (0.54) |
Net asset value, end of period | $16.27 | $16.33 | $16.37 | $15.84 | $15.41 | $15.93 |
Total return (%)3 | 1.134 | 4.20 | 7.47 | 6.70 | 0.19 | 4.33 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $6,525 | $6,244 | $4,693 | $2,928 | $2,236 | $5,385 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.475 | 0.48 | 0.49 | 0.50 | 0.51 | 0.57 |
Expenses including reductions | 0.465 | 0.47 | 0.48 | 0.49 | 0.49 | 0.51 |
Net investment income | 2.715 | 2.95 | 3.11 | 3.48 | 3.19 | 3.15 |
Portfolio turnover (%) | 59 | 98 | 125 | 106 | 74 | 986 |
1 | Six months ended 11-30-21. Unaudited. |
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. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 51 |
CLASS R2 SHARES Period ended | 11-30-211 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 | 5-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $16.34 | $16.39 | $15.85 | $15.42 | $15.95 | $15.81 |
Net investment income2 | 0.19 | 0.43 | 0.44 | 0.48 | 0.45 | 0.44 |
Net realized and unrealized gain (loss) on investments | (0.03) | 0.18 | 0.67 | 0.47 | (0.49) | 0.18 |
Total from investment operations | 0.16 | 0.61 | 1.11 | 0.95 | (0.04) | 0.62 |
Less distributions | ||||||
From net investment income | (0.21) | (0.48) | (0.47) | (0.52) | (0.49) | (0.48) |
From net realized gain | — | (0.18) | (0.10) | — | — | — |
Total distributions | (0.21) | (0.66) | (0.57) | (0.52) | (0.49) | (0.48) |
Net asset value, end of period | $16.29 | $16.34 | $16.39 | $15.85 | $15.42 | $15.95 |
Total return (%)3 | 1.004 | 3.73 | 7.12 | 6.29 | (0.27) | 3.97 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $106 | $111 | $105 | $86 | $83 | $56 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.855 | 0.87 | 0.87 | 0.88 | 0.92 | 0.98 |
Expenses including reductions | 0.855 | 0.86 | 0.87 | 0.88 | 0.89 | 0.92 |
Net investment income | 2.335 | 2.56 | 2.73 | 3.11 | 2.84 | 2.75 |
Portfolio turnover (%) | 59 | 98 | 125 | 106 | 74 | 986 |
1 | Six months ended 11-30-21. Unaudited. |
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. |
52 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 11-30-211 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 | 5-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $16.35 | $16.39 | $15.86 | $15.43 | $15.95 | $15.81 |
Net investment income2 | 0.21 | 0.47 | 0.48 | 0.52 | 0.49 | 0.49 |
Net realized and unrealized gain (loss) on investments | (0.04) | 0.19 | 0.66 | 0.47 | (0.48) | 0.17 |
Total from investment operations | 0.17 | 0.66 | 1.14 | 0.99 | 0.01 | 0.66 |
Less distributions | ||||||
From net investment income | (0.23) | (0.52) | (0.51) | (0.56) | (0.53) | (0.52) |
From net realized gain | — | (0.18) | (0.10) | — | — | — |
Total distributions | (0.23) | (0.70) | (0.61) | (0.56) | (0.53) | (0.52) |
Net asset value, end of period | $16.29 | $16.35 | $16.39 | $15.86 | $15.43 | $15.95 |
Total return (%)3 | 1.064 | 4.05 | 7.32 | 6.55 | 0.05 | 4.25 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $64 | $62 | $55 | $44 | $39 | $29 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.705 | 0.72 | 0.72 | 0.74 | 0.76 | 0.82 |
Expenses including reductions | 0.605 | 0.61 | 0.62 | 0.63 | 0.64 | 0.66 |
Net investment income | 2.585 | 2.81 | 2.99 | 3.36 | 3.09 | 3.09 |
Portfolio turnover (%) | 59 | 98 | 125 | 106 | 74 | 986 |
1 | Six months ended 11-30-21. Unaudited. |
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. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 53 |
CLASS R6 SHARES Period ended | 11-30-211 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 | 5-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $16.35 | $16.40 | $15.86 | $15.43 | $15.96 | $15.81 |
Net investment income2 | 0.23 | 0.51 | 0.52 | 0.55 | 0.53 | 0.52 |
Net realized and unrealized gain (loss) on investments | (0.02) | 0.19 | 0.67 | 0.47 | (0.49) | 0.19 |
Total from investment operations | 0.21 | 0.70 | 1.19 | 1.02 | 0.04 | 0.71 |
Less distributions | ||||||
From net investment income | (0.26) | (0.57) | (0.55) | (0.59) | (0.57) | (0.56) |
From net realized gain | — | (0.18) | (0.10) | — | — | — |
Total distributions | (0.26) | (0.75) | (0.65) | (0.59) | (0.57) | (0.56) |
Net asset value, end of period | $16.30 | $16.35 | $16.40 | $15.86 | $15.43 | $15.96 |
Total return (%)3 | 1.254 | 4.25 | 7.65 | 6.81 | 0.23 | 4.58 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $11,736 | $10,341 | $7,305 | $6,560 | $5,944 | $529 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.365 | 0.37 | 0.37 | 0.39 | 0.42 | 0.48 |
Expenses including reductions | 0.355 | 0.36 | 0.37 | 0.38 | 0.39 | 0.41 |
Net investment income | 2.825 | 3.05 | 3.22 | 3.61 | 3.37 | 3.27 |
Portfolio turnover (%) | 59 | 98 | 125 | 106 | 74 | 986 |
1 | Six months ended 11-30-21. Unaudited. |
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. |
54 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 11-30-211 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 | 5-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $16.35 | $16.39 | $15.86 | $15.43 | $15.95 | $15.81 |
Net investment income2 | 0.23 | 0.51 | 0.52 | 0.56 | 0.53 | 0.51 |
Net realized and unrealized gain (loss) on investments | (0.03) | 0.20 | 0.67 | 0.47 | (0.48) | 0.19 |
Total from investment operations | 0.20 | 0.71 | 1.19 | 1.03 | 0.05 | 0.70 |
Less distributions | ||||||
From net investment income | (0.26) | (0.57) | (0.56) | (0.60) | (0.57) | (0.56) |
From net realized gain | — | (0.18) | (0.10) | — | — | — |
Total distributions | (0.26) | (0.75) | (0.66) | (0.60) | (0.57) | (0.56) |
Net asset value, end of period | $16.29 | $16.35 | $16.39 | $15.86 | $15.43 | $15.95 |
Total return (%)3 | 1.194 | 4.32 | 7.60 | 6.83 | 0.30 | 4.51 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $4,364 | $4,458 | $3,739 | $4,461 | $1,959 | $1,862 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.355 | 0.36 | 0.36 | 0.37 | 0.40 | 0.46 |
Expenses including reductions | 0.345 | 0.35 | 0.35 | 0.37 | 0.38 | 0.41 |
Net investment income | 2.835 | 3.07 | 3.23 | 3.63 | 3.34 | 3.28 |
Portfolio turnover (%) | 59 | 98 | 125 | 106 | 74 | 986 |
1 | Six months ended 11-30-21. Unaudited. |
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. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 55 |
56 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT |
Total value at 11-30-21 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $7,556,115,460 | — | $7,556,115,460 | — |
Foreign government obligations | 128,140,635 | — | 128,140,635 | — |
Corporate bonds | 13,353,054,882 | — | 13,353,054,882 | — |
Municipal bonds | 60,686,842 | — | 60,686,842 | — |
Term loans | 62,179,305 | — | 62,179,305 | — |
Collateralized mortgage obligations | 1,453,403,315 | — | 1,453,403,315 | — |
Asset backed securities | 2,098,551,320 | — | 2,098,551,320 | — |
Common stocks | 26,105,482 | $26,105,482 | — | — |
Preferred securities | 48,171,981 | 45,569,853 | 2,602,128 | — |
Escrow certificates | 58,773 | — | 58,773 | — |
Short-term investments | 1,247,566,720 | 52,726,087 | 1,194,840,633 | — |
Total investments in securities | $26,034,034,715 | $124,401,422 | $25,909,633,293 | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 57 |
58 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 59 |
60 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT |
Class | Expense reduction |
Class A | $101,548 |
Class C | 10,621 |
Class I | 296,421 |
Class R2 | 5,093 |
Class | Expense reduction |
Class R4 | $2,939 |
Class R6 | 513,334 |
Class NAV | 204,453 |
Total | $1,134,409 |
SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 61 |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.30% | — |
Class C | 1.00% | — |
Class R2 | 0.25% | 0.25% |
Class R4 | 0.25% | 0.10% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $3,304,034 | $1,255,076 |
Class C | 1,153,462 | 131,493 |
Class I | — | 3,667,154 |
Class R2 | 272,062 | 4,850 |
62 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class R4 | $109,126 | $2,796 |
Class R6 | — | 488,700 |
Total | $4,838,684 | $5,550,069 |
Six Months Ended 11-30-21 | Year Ended 5-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 13,850,321 | $227,852,604 | 38,652,892 | $644,370,586 |
Distributions reinvested | 1,735,326 | 28,518,329 | 5,401,231 | 89,996,746 |
Repurchased | (10,623,659) | (174,556,981) | (41,335,033) | (687,524,842) |
Net increase | 4,961,988 | $81,813,952 | 2,719,090 | $46,842,490 |
Class B shares | ||||
Sold | — | — | 3,729 | $63,012 |
Distributions reinvested | — | — | 964 | 16,144 |
Repurchased | — | — | (193,268) | (3,235,561) |
Net decrease | — | — | (188,575) | $(3,156,405) |
Class C shares | ||||
Sold | 719,698 | $11,851,490 | 3,237,660 | $54,007,128 |
Distributions reinvested | 131,748 | 2,165,437 | 504,456 | 8,409,619 |
Repurchased | (2,093,022) | (34,408,694) | (6,066,637) | (100,982,858) |
Net decrease | (1,241,576) | $(20,391,767) | (2,324,521) | $(38,566,111) |
Class I shares | ||||
Sold | 66,906,941 | $1,099,734,264 | 186,383,088 | $3,097,424,907 |
Distributions reinvested | 5,485,487 | 90,158,164 | 13,876,937 | 231,003,735 |
Repurchased | (53,784,378) | (883,969,496) | (104,556,154) | (1,732,418,414) |
Net increase | 18,608,050 | $305,922,932 | 95,703,871 | $1,596,010,228 |
Class R2 shares | ||||
Sold | 699,024 | $11,503,066 | 3,778,070 | $62,425,939 |
Distributions reinvested | 68,912 | 1,134,059 | 213,057 | 3,553,443 |
Repurchased | (1,023,085) | (16,822,523) | (3,654,113) | (60,303,225) |
Net increase (decrease) | (255,149) | $(4,185,398) | 337,014 | $5,676,157 |
SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 63 |
Six Months Ended 11-30-21 | Year Ended 5-31-21 | |||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 396,079 | $6,527,733 | 1,390,654 | $23,191,301 |
Distributions reinvested | 55,013 | 905,430 | 155,307 | 2,590,376 |
Repurchased | (298,085) | (4,901,784) | (1,119,284) | (18,652,764) |
Net increase | 153,007 | $2,531,379 | 426,677 | $7,128,913 |
Class R6 shares | ||||
Sold | 123,145,566 | $2,028,922,123 | 241,700,780 | $4,017,196,478 |
Distributions reinvested | 10,381,464 | 170,900,794 | 23,297,942 | 388,337,222 |
Repurchased | (45,727,180) | (752,920,344) | (78,232,701) | (1,298,540,703) |
Net increase | 87,799,850 | $1,446,902,573 | 186,766,021 | $3,106,992,997 |
Class NAV shares | ||||
Sold | 3,522,803 | $57,744,689 | 43,244,135 | $719,558,389 |
Distributions reinvested | 4,171,979 | 68,669,485 | 11,071,079 | 184,529,067 |
Repurchased | (12,527,111) | (207,023,239) | (9,714,032) | (161,527,108) |
Net increase (decrease) | (4,832,329) | $(80,609,065) | 44,601,182 | $742,560,348 |
Total net increase | 105,193,841 | $1,731,984,606 | 328,040,759 | $5,463,488,617 |
Redesignation | Effective date | Amount | |||||
Class B shares as Class A shares | October 14, 2020 | $1,763,175 |
64 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
John Hancock Collateral Trust* | 5,269,921 | $40,898,460 | $325,003,617 | $(313,170,114) | $(5,082) | $(794) | $222,543 | — | $52,726,087 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
SEMIANNUAL REPORT | JOHN HANCOCK Bond Fund | 65 |
66 | JOHN HANCOCK Bond Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 67 |
(a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
(b) | the background, qualifications and skills of the Advisor’s personnel; |
(c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
68 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT |
(d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
(e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
(a) | reviewed information prepared by management regarding the fund’s performance; |
(b) | considered the comparative performance of an applicable benchmark index; |
(c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
(d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 69 |
(a) | reviewed financial information of the Advisor; |
(b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
(c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
(d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
(e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
(f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
(g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
(h) | noted that the fund’s Subadvisor is an affiliate of the Advisor; |
(i) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
(j) | noted that the subadvisory fee for the fund is paid by the Advisor; |
(k) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
(l) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
70 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT |
(a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
(b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
(c) | the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale. |
(1) | information relating to the Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex); |
(2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and |
(3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third-party provider of fund data. |
SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 71 |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
72 | JOHN HANCOCK BOND FUND | SEMIANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
Charles L. Bardelis*,1
James R. Boyle
Peter S. Burgess*
William H. Cunningham
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Howard C. Greene, CFA
Pranay Sonalkar
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
SEMIANNUAL REPORT | JOHN HANCOCK BOND FUND | 73 |
GOVERNANCE FUNDS
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.
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.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF1949141 | 21SA 11/21 |
ITEM 2. CODE OF ETHICS.
(a)Not Applicable
(b)Not Applicable
(c)Not Applicable
(d)Not Applicable
(e)Not Applicable
(f)Not Applicable
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Not Applicable
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a)Not Applicable
(b)Not Applicable
(c)Not Applicable
(d)Not Applicable
(e)Not Applicable
(f)Not Applicable
(g)Not Applicable
(h)Not Applicable
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS
Not Applicable.
ITEM 6. SCHEDULE OF INVESTMENTS.
(a)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.
(a)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 and Governance 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 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.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
John Hancock Sovereign Bond Fund
By: | /s/ Andrew Arnott |
| Andrew Arnott |
| President |
Date: | January 7, 2022 |
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: | January 7, 2022 |
By: | /s/ Charles A. Rizzo |
| Charles A. Rizzo |
| Chief Financial Officer |
Date: | January 7, 2022 |