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) 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: | May 31, 2022 |
ITEM 1. REPORT TO STOCKHOLDERS
Manulife Investment Management
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 1 |
2 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 3 |
4 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
COUNTRY COMPOSITION AS OF 5/31/2022 (% of net assets) | |
United States | 89.1 |
Canada | 1.7 |
United Kingdom | 1.5 |
Ireland | 1.0 |
Other countries | 6.7 |
TOTAL | 100.0 |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 5 |
6 | JOHN HANCOCK BOND FUND | ANNUAL 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 | 5-year | 10-year | as of 5-31-22 | as of 5-31-22 | ||
Class A | -12.53 | 0.68 | 2.38 | 3.44 | 26.53 | 3.44 | 3.43 | |
Class C | -10.41 | 0.79 | 2.08 | 4.03 | 22.82 | 2.88 | 2.88 | |
Class I1 | -8.61 | 1.81 | 3.12 | 9.40 | 35.95 | 3.88 | 3.87 | |
Class R21 | -8.96 | 1.40 | 2.74 | 7.22 | 31.05 | 3.49 | 3.48 | |
Class R41,2 | -8.72 | 1.67 | 2.93 | 8.64 | 33.51 | 3.72 | 3.61 | |
Class R61 | -8.50 | 1.91 | 3.24 | 9.93 | 37.58 | 3.99 | 3.98 | |
Class NAV1,2 | -8.49 | 1.94 | 3.10 | 10.06 | 35.68 | 4.00 | 3.99 | |
Index†† | -8.22 | 1.18 | 1.71 | 6.02 | 18.44 | ��� | — |
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 |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 7 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C3 | 5-31-12 | 12,282 | 12,282 | 11,844 |
Class I1 | 5-31-12 | 13,595 | 13,595 | 11,844 |
Class R21 | 5-31-12 | 13,105 | 13,105 | 11,844 |
Class R41,2 | 5-31-12 | 13,351 | 13,351 | 11,844 |
Class R61 | 5-31-12 | 13,758 | 13,758 | 11,844 |
Class NAV1,2 | 5-31-12 | 13,568 | 13,568 | 11,844 |
1 | For certain types of investors, as described in the fund’s prospectuses. |
2 | Class R4 and Class NAV shares were first offered on 3-27-15 and 8-31-15, respectively. 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. |
8 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 9 |
Account value on 12-1-2021 | Ending value on 5-31-2022 | Expenses paid during period ended 5-31-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $901.70 | $3.56 | 0.75% |
Hypothetical example | 1,000.00 | 1,021.20 | 3.78 | 0.75% | |
Class C | Actual expenses/actual returns | 1,000.00 | 898.50 | 6.86 | 1.45% |
Hypothetical example | 1,000.00 | 1,017.70 | 7.29 | 1.45% | |
Class I | Actual expenses/actual returns | 1,000.00 | 903.70 | 2.14 | 0.45% |
Hypothetical example | 1,000.00 | 1,022.70 | 2.27 | 0.45% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 901.40 | 4.03 | 0.85% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.28 | 0.85% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 903.20 | 2.85 | 0.60% |
Hypothetical example | 1,000.00 | 1,021.90 | 3.02 | 0.60% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 903.70 | 1.66 | 0.35% |
Hypothetical example | 1,000.00 | 1,023.20 | 1.77 | 0.35% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 904.30 | 1.61 | 0.34% |
Hypothetical example | 1,000.00 | 1,023.20 | 1.72 | 0.34% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/365 (to reflect the one-half year period). |
10 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government and Agency obligations 29.1% | $6,359,749,787 | ||||
(Cost $6,649,293,546) | |||||
U.S. Government 13.1% | 2,858,075,269 | ||||
U.S. Treasury | |||||
Bond | 2.250 | 02-15-52 | 1,853,541,000 | 1,550,313,277 | |
Bond | 2.500 | 02-15-45 | 46,172,000 | 39,879,262 | |
Bond | 2.875 | 05-15-52 | 115,379,000 | 111,016,232 | |
Bond | 3.250 | 05-15-42 | 522,085,000 | 520,371,909 | |
Note | 2.625 | 05-31-27 | 31,799,000 | 31,513,306 | |
Note | 2.875 | 05-15-32 | 604,226,000 | 604,981,283 | |
U.S. Government Agency 16.0% | 3,501,674,518 | ||||
Federal Home Loan Mortgage Corp. | |||||
30 Yr Pass Thru | 2.000 | 09-01-50 | 135,302,922 | 120,842,517 | |
30 Yr Pass Thru | 2.000 | 11-01-50 | 25,655,667 | 22,937,787 | |
30 Yr Pass Thru | 2.000 | 11-01-51 | 16,211,520 | 14,453,595 | |
30 Yr Pass Thru | 2.000 | 11-01-51 | 17,506,760 | 15,608,383 | |
30 Yr Pass Thru | 2.000 | 12-01-51 | 53,943,163 | 48,060,025 | |
30 Yr Pass Thru | 2.000 | 01-01-52 | 18,685,344 | 16,647,487 | |
30 Yr Pass Thru | 2.000 | 03-01-52 | 70,436,040 | 62,688,125 | |
30 Yr Pass Thru | 2.500 | 09-01-50 | 30,473,928 | 28,275,859 | |
30 Yr Pass Thru | 2.500 | 10-01-50 | 141,741,682 | 131,971,952 | |
30 Yr Pass Thru (A) | 2.500 | 08-01-51 | 69,066,563 | 64,203,538 | |
30 Yr Pass Thru | 2.500 | 11-01-51 | 51,254,809 | 47,557,826 | |
30 Yr Pass Thru | 2.500 | 12-01-51 | 16,820,229 | 15,505,811 | |
30 Yr Pass Thru | 3.000 | 03-01-43 | 3,713,057 | 3,635,210 | |
30 Yr Pass Thru | 3.000 | 12-01-45 | 12,514,919 | 12,189,958 | |
30 Yr Pass Thru | 3.000 | 05-01-46 | 2,204,129 | 2,148,274 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 5,195,567 | 5,049,294 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 3,856,377 | 3,761,064 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 7,032,823 | 6,828,232 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 52,619,511 | 51,096,987 | |
30 Yr Pass Thru | 3.000 | 12-01-46 | 39,258,452 | 38,079,583 | |
30 Yr Pass Thru | 3.000 | 12-01-46 | 9,355,134 | 9,112,220 | |
30 Yr Pass Thru | 3.000 | 04-01-47 | 25,843,803 | 25,075,831 | |
30 Yr Pass Thru | 3.000 | 09-01-49 | 13,768,787 | 13,241,817 | |
30 Yr Pass Thru | 3.000 | 10-01-49 | 17,116,297 | 16,498,651 | |
30 Yr Pass Thru | 3.000 | 12-01-49 | 15,941,858 | 15,296,845 | |
30 Yr Pass Thru | 3.000 | 01-01-50 | 13,906,573 | 13,400,404 | |
30 Yr Pass Thru | 3.000 | 02-01-50 | 9,016,992 | 8,688,793 | |
30 Yr Pass Thru | 3.000 | 06-01-51 | 85,400,541 | 82,011,932 | |
30 Yr Pass Thru | 3.500 | 06-01-42 | 2,711,523 | 2,717,150 | |
30 Yr Pass Thru | 3.500 | 04-01-44 | 3,988,174 | 4,001,436 | |
30 Yr Pass Thru | 3.500 | 05-01-45 | 6,387,775 | 6,393,047 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.500 | 08-01-46 | 38,354,650 | $38,434,247 | |
30 Yr Pass Thru | 3.500 | 09-01-46 | 8,198,140 | 8,174,163 | |
30 Yr Pass Thru | 3.500 | 10-01-46 | 1,521,629 | 1,525,262 | |
30 Yr Pass Thru | 3.500 | 10-01-46 | 14,716,784 | 14,673,742 | |
30 Yr Pass Thru | 3.500 | 11-01-46 | 4,764,188 | 4,750,254 | |
30 Yr Pass Thru | 3.500 | 11-01-46 | 5,232,136 | 5,233,184 | |
30 Yr Pass Thru | 3.500 | 12-01-46 | 6,725,803 | 6,729,252 | |
30 Yr Pass Thru | 3.500 | 01-01-47 | 4,648,151 | 4,653,440 | |
30 Yr Pass Thru | 3.500 | 02-01-47 | 6,532,208 | 6,543,723 | |
30 Yr Pass Thru | 3.500 | 04-01-47 | 8,544,744 | 8,559,806 | |
30 Yr Pass Thru | 3.500 | 09-01-47 | 21,928,184 | 21,905,166 | |
30 Yr Pass Thru | 3.500 | 03-01-52 | 29,099,923 | 28,772,121 | |
30 Yr Pass Thru | 4.000 | 01-01-41 | 6,079,979 | 6,231,521 | |
30 Yr Pass Thru | 4.000 | 03-01-42 | 3,151,636 | 3,227,420 | |
30 Yr Pass Thru | 4.000 | 11-01-43 | 2,565,708 | 2,634,019 | |
30 Yr Pass Thru | 4.000 | 01-01-47 | 6,523,855 | 6,666,971 | |
30 Yr Pass Thru | 4.000 | 03-01-47 | 18,733,921 | 19,074,641 | |
30 Yr Pass Thru | 4.000 | 04-01-47 | 7,662,520 | 7,796,612 | |
30 Yr Pass Thru | 4.000 | 05-01-47 | 6,567,324 | 6,680,609 | |
30 Yr Pass Thru | 4.000 | 10-01-47 | 9,603,166 | 9,755,314 | |
30 Yr Pass Thru | 4.000 | 03-01-48 | 2,697,492 | 2,734,245 | |
30 Yr Pass Thru | 4.000 | 07-01-48 | 18,579,135 | 18,917,039 | |
30 Yr Pass Thru | 4.000 | 08-01-48 | 9,184,718 | 9,337,412 | |
30 Yr Pass Thru | 5.500 | 11-01-39 | 2,331,347 | 2,526,830 | |
Federal National Mortgage Association | |||||
30 Yr Pass Thru | 2.000 | 09-01-50 | 37,640,059 | 33,617,304 | |
30 Yr Pass Thru | 2.000 | 09-01-50 | 22,119,420 | 19,748,510 | |
30 Yr Pass Thru | 2.000 | 09-01-50 | 21,516,836 | 19,223,963 | |
30 Yr Pass Thru | 2.000 | 10-01-50 | 25,975,151 | 23,199,075 | |
30 Yr Pass Thru | 2.000 | 11-01-50 | 35,853,312 | 32,043,922 | |
30 Yr Pass Thru (6 month LIBOR + 2.122%) (B) | 2.372 | 07-01-33 | 316 | 326 | |
30 Yr Pass Thru | 2.500 | 08-01-50 | 29,899,686 | 27,764,062 | |
30 Yr Pass Thru | 2.500 | 08-01-50 | 32,173,073 | 29,955,502 | |
30 Yr Pass Thru | 2.500 | 09-01-50 | 132,255,526 | 123,139,641 | |
30 Yr Pass Thru | 2.500 | 09-01-50 | 13,399,170 | 12,491,316 | |
30 Yr Pass Thru | 2.500 | 09-01-50 | 70,150,096 | 65,139,534 | |
30 Yr Pass Thru | 2.500 | 08-01-51 | 5,975,362 | 5,535,960 | |
30 Yr Pass Thru | 2.500 | 08-01-51 | 47,320,546 | 43,822,313 | |
30 Yr Pass Thru (A) | 2.500 | 10-01-51 | 24,014,636 | 22,239,323 | |
30 Yr Pass Thru | 2.500 | 11-01-51 | 51,719,781 | 48,090,278 | |
30 Yr Pass Thru | 2.500 | 11-01-51 | 48,578,193 | 44,888,310 | |
30 Yr Pass Thru | 2.500 | 01-01-52 | 56,595,965 | 52,332,444 | |
30 Yr Pass Thru (A) | 2.500 | 02-01-52 | 142,512,962 | 131,777,090 | |
30 Yr Pass Thru (A) | 2.500 | 03-01-52 | 1,162,801 | 1,074,386 |
12 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.000 | 07-01-42 | 2,207,308 | $2,148,178 | |
30 Yr Pass Thru | 3.000 | 10-01-42 | 3,452,898 | 3,360,401 | |
30 Yr Pass Thru | 3.000 | 10-01-42 | 2,033,013 | 1,978,551 | |
30 Yr Pass Thru | 3.000 | 04-01-43 | 1,659,268 | 1,614,819 | |
30 Yr Pass Thru | 3.000 | 12-01-45 | 17,429,953 | 16,892,223 | |
30 Yr Pass Thru | 3.000 | 08-01-46 | 26,483,307 | 25,691,101 | |
30 Yr Pass Thru | 3.000 | 08-01-46 | 19,939,896 | 19,349,657 | |
30 Yr Pass Thru | 3.000 | 09-01-46 | 2,663,152 | 2,595,140 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 1,875,354 | 1,827,461 | |
30 Yr Pass Thru | 3.000 | 10-01-46 | 14,601,628 | 14,123,776 | |
30 Yr Pass Thru | 3.000 | 01-01-47 | 18,110,625 | 17,585,853 | |
30 Yr Pass Thru | 3.000 | 02-01-47 | 10,688,707 | 10,402,374 | |
30 Yr Pass Thru | 3.000 | 10-01-47 | 21,767,154 | 21,102,420 | |
30 Yr Pass Thru | 3.000 | 11-01-47 | 22,838,221 | 22,155,052 | |
30 Yr Pass Thru | 3.000 | 11-01-48 | 39,879,329 | 38,574,242 | |
30 Yr Pass Thru | 3.000 | 11-01-48 | 13,783,783 | 13,354,234 | |
30 Yr Pass Thru | 3.000 | 09-01-49 | 18,267,057 | 17,567,926 | |
30 Yr Pass Thru | 3.000 | 09-01-49 | 33,025,125 | 31,730,200 | |
30 Yr Pass Thru | 3.000 | 10-01-49 | 8,658,039 | 8,307,732 | |
30 Yr Pass Thru | 3.000 | 10-01-49 | 34,940,874 | 33,767,374 | |
30 Yr Pass Thru | 3.000 | 11-01-49 | 22,691,481 | 21,773,377 | |
30 Yr Pass Thru | 3.000 | 11-01-49 | 23,957,926 | 23,093,397 | |
30 Yr Pass Thru | 3.000 | 11-01-49 | 18,540,674 | 17,825,276 | |
30 Yr Pass Thru | 3.000 | 11-01-49 | 20,434,376 | 19,607,595 | |
30 Yr Pass Thru | 3.000 | 12-01-49 | 21,947,980 | 21,101,111 | |
30 Yr Pass Thru | 3.000 | 01-01-50 | 18,856,423 | 18,122,950 | |
30 Yr Pass Thru | 3.000 | 01-01-52 | 44,276,110 | 42,412,046 | |
30 Yr Pass Thru | 3.000 | 02-01-52 | 18,659,019 | 17,855,964 | |
30 Yr Pass Thru | 3.000 | 02-01-52 | 40,655,285 | 38,854,728 | |
30 Yr Pass Thru | 3.500 | 11-01-40 | 1,170,570 | 1,171,701 | |
30 Yr Pass Thru | 3.500 | 06-01-42 | 1,105,605 | 1,106,971 | |
30 Yr Pass Thru | 3.500 | 08-01-42 | 2,495,630 | 2,498,713 | |
30 Yr Pass Thru | 3.500 | 06-01-43 | 9,971,363 | 9,993,028 | |
30 Yr Pass Thru | 3.500 | 07-01-43 | 3,008,832 | 3,015,369 | |
30 Yr Pass Thru | 3.500 | 07-01-43 | 3,149,845 | 3,156,689 | |
30 Yr Pass Thru | 3.500 | 01-01-45 | 2,052,062 | 2,058,445 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 6,353,494 | 6,355,386 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 1,721,800 | 1,722,313 | |
30 Yr Pass Thru | 3.500 | 04-01-45 | 7,607,731 | 7,609,997 | |
30 Yr Pass Thru | 3.500 | 01-01-46 | 19,276,989 | 19,312,850 | |
30 Yr Pass Thru | 3.500 | 02-01-46 | 11,585,187 | 11,548,813 | |
30 Yr Pass Thru | 3.500 | 07-01-46 | 8,401,451 | 8,367,196 | |
30 Yr Pass Thru | 3.500 | 07-01-46 | 4,255,145 | 4,239,125 | |
30 Yr Pass Thru | 3.500 | 08-01-46 | 19,835,870 | 19,823,181 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 3.500 | 02-01-47 | 23,116,366 | $23,087,131 | |
30 Yr Pass Thru | 3.500 | 03-01-47 | 25,675,237 | 25,682,883 | |
30 Yr Pass Thru | 3.500 | 05-01-47 | 16,047,918 | 16,067,742 | |
30 Yr Pass Thru | 3.500 | 07-01-47 | 30,377,447 | 30,395,986 | |
30 Yr Pass Thru | 3.500 | 08-01-47 | 20,850,626 | 20,843,804 | |
30 Yr Pass Thru | 3.500 | 11-01-47 | 25,103,768 | 25,040,639 | |
30 Yr Pass Thru | 3.500 | 12-01-47 | 12,198,950 | 12,130,152 | |
30 Yr Pass Thru | 3.500 | 01-01-48 | 19,655,105 | 19,544,256 | |
30 Yr Pass Thru | 3.500 | 03-01-48 | 4,863,882 | 4,860,770 | |
30 Yr Pass Thru | 3.500 | 03-01-48 | 10,798,174 | 10,727,152 | |
30 Yr Pass Thru | 3.500 | 03-01-49 | 3,097,540 | 3,080,071 | |
30 Yr Pass Thru | 3.500 | 06-01-49 | 19,531,113 | 19,366,032 | |
30 Yr Pass Thru | 3.500 | 06-01-49 | 59,901,778 | 59,563,950 | |
30 Yr Pass Thru | 3.500 | 09-01-49 | 5,775,893 | 5,722,110 | |
30 Yr Pass Thru | 3.500 | 12-01-49 | 27,687,121 | 27,412,005 | |
30 Yr Pass Thru | 3.500 | 02-01-50 | 29,322,219 | 29,010,240 | |
30 Yr Pass Thru | 3.500 | 02-01-52 | 27,853,427 | 27,620,180 | |
30 Yr Pass Thru | 3.500 | 02-01-52 | 37,643,207 | 37,057,419 | |
30 Yr Pass Thru | 3.500 | 04-01-52 | 36,510,090 | 35,984,721 | |
30 Yr Pass Thru | 3.500 | 04-01-52 | 23,885,488 | 23,564,176 | |
30 Yr Pass Thru (A) | 4.000 | TBA | 180,102,000 | 180,172,402 | |
30 Yr Pass Thru | 4.000 | 09-01-40 | 2,833,787 | 2,900,710 | |
30 Yr Pass Thru | 4.000 | 09-01-40 | 3,943,328 | 4,036,161 | |
30 Yr Pass Thru | 4.000 | 11-01-40 | 1,334,308 | 1,365,751 | |
30 Yr Pass Thru | 4.000 | 12-01-40 | 1,657,095 | 1,696,207 | |
30 Yr Pass Thru | 4.000 | 01-01-41 | 2,655,548 | 2,718,672 | |
30 Yr Pass Thru | 4.000 | 09-01-41 | 3,544,486 | 3,625,731 | |
30 Yr Pass Thru | 4.000 | 09-01-41 | 1,576,618 | 1,614,364 | |
30 Yr Pass Thru | 4.000 | 10-01-41 | 1,141,597 | 1,167,719 | |
30 Yr Pass Thru | 4.000 | 01-01-42 | 1,680,770 | 1,721,190 | |
30 Yr Pass Thru | 4.000 | 05-01-42 | 2,250,690 | 2,302,865 | |
30 Yr Pass Thru | 4.000 | 09-01-43 | 4,669,611 | 4,797,187 | |
30 Yr Pass Thru | 4.000 | 10-01-43 | 4,344,979 | 4,459,612 | |
30 Yr Pass Thru | 4.000 | 10-01-43 | 1,670,152 | 1,712,128 | |
30 Yr Pass Thru | 4.000 | 01-01-44 | 3,256,714 | 3,342,636 | |
30 Yr Pass Thru | 4.000 | 12-01-45 | 8,448,020 | 8,615,463 | |
30 Yr Pass Thru | 4.000 | 02-01-46 | 4,240,780 | 4,322,183 | |
30 Yr Pass Thru | 4.000 | 04-01-46 | 5,261,165 | 5,353,935 | |
30 Yr Pass Thru | 4.000 | 06-01-46 | 3,456,397 | 3,517,344 | |
30 Yr Pass Thru | 4.000 | 07-01-46 | 6,433,571 | 6,547,014 | |
30 Yr Pass Thru | 4.000 | 10-01-46 | 1,951,049 | 1,984,233 | |
30 Yr Pass Thru | 4.000 | 01-01-47 | 8,030,542 | 8,184,190 | |
30 Yr Pass Thru | 4.000 | 03-01-47 | 8,347,565 | 8,492,148 | |
30 Yr Pass Thru | 4.000 | 04-01-47 | 9,006,548 | 9,178,870 |
14 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
30 Yr Pass Thru | 4.000 | 11-01-47 | 2,798,288 | $2,838,885 | |
30 Yr Pass Thru | 4.000 | 12-01-47 | 6,007,438 | 6,122,754 | |
30 Yr Pass Thru | 4.000 | 12-01-47 | 3,225,223 | 3,277,054 | |
30 Yr Pass Thru | 4.000 | 09-01-48 | 2,838,255 | 2,885,641 | |
30 Yr Pass Thru | 4.000 | 10-01-48 | 8,242,553 | 8,372,438 | |
30 Yr Pass Thru | 4.000 | 10-01-48 | 10,228,222 | 10,408,575 | |
30 Yr Pass Thru | 4.000 | 01-01-49 | 7,243,979 | 7,321,909 | |
30 Yr Pass Thru | 4.000 | 02-01-49 | 6,608,195 | 6,679,285 | |
30 Yr Pass Thru | 4.000 | 07-01-49 | 12,584,933 | 12,755,716 | |
30 Yr Pass Thru | 4.000 | 07-01-49 | 17,650,281 | 17,922,896 | |
30 Yr Pass Thru | 4.000 | 02-01-50 | 27,060,500 | 27,503,829 | |
30 Yr Pass Thru | 4.000 | 04-01-52 | 11,263,626 | 11,373,360 | |
30 Yr Pass Thru (A) | 4.500 | TBA | 117,500,000 | 119,184,473 | |
30 Yr Pass Thru (A) | 4.500 | TBA | 17,761,000 | 18,073,210 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 109 | 121 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 88 | 98 | |
30 Yr Pass Thru | 7.000 | 09-01-31 | 1,618 | 1,804 | |
30 Yr Pass Thru | 7.000 | 01-01-32 | 54 | 60 | |
30 Yr Pass Thru | 7.000 | 06-01-32 | 29 | 31 | |
30 Yr Pass Thru | 7.500 | 09-01-29 | 33 | 36 | |
30 Yr Pass Thru | 7.500 | 12-01-29 | 38 | 42 | |
30 Yr Pass Thru | 7.500 | 01-01-31 | 15 | 17 | |
30 Yr Pass Thru | 7.500 | 05-01-31 | 105 | 117 | |
30 Yr Pass Thru | 7.500 | 08-01-31 | 49 | 51 | |
Government National Mortgage Association | |||||
30 Yr Pass Thru | 5.000 | 04-15-35 | 1,769 | 1,862 | |
30 Yr Pass Thru | 5.000 | 04-15-35 | 902 | 947 | |
30 Yr Pass Thru | 5.500 | 03-15-35 | 918 | 981 | |
30 Yr Pass Thru | 6.000 | 03-15-33 | 1,665 | 1,797 | |
30 Yr Pass Thru | 6.000 | 06-15-33 | 516 | 556 | |
30 Yr Pass Thru | 6.500 | 09-15-28 | 79 | 84 | |
30 Yr Pass Thru | 6.500 | 09-15-29 | 88 | 94 | |
30 Yr Pass Thru | 6.500 | 08-15-31 | 135 | 147 | |
30 Yr Pass Thru | 7.000 | 04-15-29 | 436 | 470 | |
30 Yr Pass Thru | 8.000 | 10-15-26 | 210 | 224 | |
Foreign government obligations 0.4% | $95,450,634 | ||||
(Cost $101,713,001) | |||||
Argentina 0.1% | 27,563,450 | ||||
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 | 85,345,000 | 27,563,450 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Qatar 0.1% | $19,914,784 | ||||
State of Qatar Bond (C) | 5.103 | 04-23-48 | 17,804,000 | 19,914,784 | |
Saudi Arabia 0.2% | 47,972,400 | ||||
Kingdom of Saudi Arabia Bond (C) | 4.375 | 04-16-29 | 45,688,000 | 47,972,400 | |
Corporate bonds 51.0% | $11,153,501,134 | ||||
(Cost $12,180,365,135) | |||||
Communication services 6.4% | 1,412,000,937 | ||||
Diversified telecommunication services 1.6% | |||||
AT&T, Inc. | 3.500 | 06-01-41 | 36,838,000 | 31,074,186 | |
AT&T, Inc. | 3.650 | 06-01-51 | 33,805,000 | 28,119,095 | |
C&W Senior Financing DAC (C) | 6.875 | 09-15-27 | 20,070,000 | 18,819,639 | |
Connect Finco SARL (C) | 6.750 | 10-01-26 | 23,292,000 | 22,340,988 | |
GCI LLC (C) | 4.750 | 10-15-28 | 15,091,000 | 13,652,828 | |
Kenbourne Invest SA (C) | 4.700 | 01-22-28 | 5,139,000 | 4,156,012 | |
Kenbourne Invest SA (C) | 6.875 | 11-26-24 | 8,255,000 | 7,912,418 | |
Level 3 Financing, Inc. (C) | 3.400 | 03-01-27 | 25,465,000 | 22,904,021 | |
Switch, Ltd. (C) | 3.750 | 09-15-28 | 5,023,000 | 5,024,475 | |
Telecom Argentina SA (C)(D) | 8.000 | 07-18-26 | 13,564,000 | 13,013,302 | |
Telecom Italia SpA (C) | 5.303 | 05-30-24 | 15,555,000 | 15,782,103 | |
Telefonica Emisiones SA | 5.213 | 03-08-47 | 39,398,000 | 37,089,376 | |
Telesat Canada (C) | 5.625 | 12-06-26 | 10,393,000 | 7,414,782 | |
Total Play Telecomunicaciones SA de CV (C) | 6.375 | 09-20-28 | 17,481,000 | 14,378,297 | |
Total Play Telecomunicaciones SA de CV (C) | 7.500 | 11-12-25 | 34,512,000 | 31,311,357 | |
Verizon Communications, Inc. | 4.329 | 09-21-28 | 53,889,000 | 54,832,392 | |
Verizon Communications, Inc. | 4.400 | 11-01-34 | 20,489,000 | 20,500,357 | |
Entertainment 1.2% | |||||
AMC Entertainment Holdings, Inc. (C)(D) | 10.000 | 06-15-26 | 30,874,000 | 23,657,203 | |
Lions Gate Capital Holdings LLC (C) | 5.500 | 04-15-29 | 20,010,000 | 17,408,700 | |
Live Nation Entertainment, Inc. (C) | 4.750 | 10-15-27 | 25,118,000 | 23,987,690 | |
Magallanes, Inc. (C) | 4.279 | 03-15-32 | 41,536,000 | 38,821,446 | |
Netflix, Inc. | 4.875 | 04-15-28 | 42,788,000 | 42,422,981 | |
Netflix, Inc. (C) | 4.875 | 06-15-30 | 18,644,000 | 18,327,052 | |
Netflix, Inc. (C) | 5.375 | 11-15-29 | 6,259,000 | 6,305,943 | |
Netflix, Inc. | 5.875 | 11-15-28 | 32,839,000 | 34,010,705 | |
Playtika Holding Corp. (C) | 4.250 | 03-15-29 | 3,991,000 | 3,495,118 | |
Take-Two Interactive Software, Inc. | 3.550 | 04-14-25 | 13,692,000 | 13,610,132 | |
WMG Acquisition Corp. (C) | 3.000 | 02-15-31 | 27,912,000 | 23,920,584 | |
WMG Acquisition Corp. (C) | 3.875 | 07-15-30 | 18,861,000 | 17,336,465 | |
Interactive media and services 0.1% | |||||
Match Group Holdings II LLC (C)(D) | 3.625 | 10-01-31 | 9,772,000 | 8,303,268 |
16 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Interactive media and services (continued) | |||||
Match Group Holdings II LLC (C) | 4.125 | 08-01-30 | 14,047,000 | $12,498,599 | |
Twitter, Inc. (C) | 3.875 | 12-15-27 | 14,798,000 | 14,239,523 | |
Media 2.1% | |||||
Altice Financing SA (C) | 5.000 | 01-15-28 | 6,979,000 | 6,322,939 | |
Altice France Holding SA (C) | 10.500 | 05-15-27 | 4,417,000 | 4,340,718 | |
Cable One, Inc. (C) | 4.000 | 11-15-30 | 7,897,000 | 6,986,038 | |
CCO Holdings LLC (C) | 4.500 | 06-01-33 | 14,410,000 | 12,401,030 | |
Charter Communications Operating LLC | 3.900 | 06-01-52 | 16,253,000 | 12,124,220 | |
Charter Communications Operating LLC | 4.200 | 03-15-28 | 41,271,000 | 39,947,247 | |
Charter Communications Operating LLC | 4.800 | 03-01-50 | 49,824,000 | 42,833,650 | |
Charter Communications Operating LLC | 5.750 | 04-01-48 | 50,036,000 | 48,542,694 | |
Charter Communications Operating LLC | 6.484 | 10-23-45 | 38,852,000 | 40,113,213 | |
Clear Channel Outdoor Holdings, Inc. (C) | 7.750 | 04-15-28 | 6,716,000 | 5,635,328 | |
Comcast Corp. | 4.150 | 10-15-28 | 49,053,000 | 50,182,752 | |
Globo Comunicacao e Participacoes SA (C) | 4.875 | 01-22-30 | 25,650,000 | 22,124,792 | |
LCPR Senior Secured Financing DAC (C) | 5.125 | 07-15-29 | 8,324,000 | 7,572,759 | |
LCPR Senior Secured Financing DAC (C) | 6.750 | 10-15-27 | 10,382,000 | 10,459,865 | |
News Corp. (C) | 3.875 | 05-15-29 | 15,978,000 | 14,780,289 | |
News Corp. (C) | 5.125 | 02-15-32 | 7,797,000 | 7,426,643 | |
Radiate Holdco LLC (C) | 6.500 | 09-15-28 | 13,791,000 | 11,461,562 | |
Sirius XM Radio, Inc. (C) | 4.000 | 07-15-28 | 23,177,000 | 21,493,191 | |
Sirius XM Radio, Inc. (C) | 5.000 | 08-01-27 | 29,806,000 | 29,619,713 | |
Stagwell Global LLC (C) | 5.625 | 08-15-29 | 35,953,000 | 32,537,465 | |
Townsquare Media, Inc. (C) | 6.875 | 02-01-26 | 7,063,000 | 6,827,166 | |
Univision Communications, Inc. (C) | 4.500 | 05-01-29 | 7,219,000 | 6,614,409 | |
Videotron, Ltd. (C) | 3.625 | 06-15-29 | 11,982,000 | 10,244,610 | |
Virgin Media Finance PLC (C) | 5.000 | 07-15-30 | 5,989,000 | 5,346,380 | |
Wireless telecommunication services 1.4% | |||||
Millicom International Cellular SA (C) | 4.500 | 04-27-31 | 2,745,000 | 2,369,841 | |
Millicom International Cellular SA (C) | 5.125 | 01-15-28 | 3,690,000 | 3,492,585 | |
Millicom International Cellular SA (C) | 6.250 | 03-25-29 | 14,440,500 | 14,130,029 | |
MTN Mauritius Investments, Ltd. (C) | 4.755 | 11-11-24 | 12,421,000 | 12,317,655 | |
Oztel Holdings SPC, Ltd. (C)(D) | 6.625 | 04-24-28 | 13,917,000 | 14,192,557 | |
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 | 35,601,168 | |
Sprint Corp. | 7.875 | 09-15-23 | 18,175,000 | 19,038,313 | |
Telefonica Celular del Paraguay SA (C) | 5.875 | 04-15-27 | 13,976,000 | 13,559,934 | |
T-Mobile USA, Inc. | 2.050 | 02-15-28 | 35,500,000 | 31,646,169 | |
T-Mobile USA, Inc. | 2.550 | 02-15-31 | 14,702,000 | 12,762,558 | |
T-Mobile USA, Inc. | 2.875 | 02-15-31 | 3,484,000 | 3,057,280 | |
T-Mobile USA, Inc. | 3.375 | 04-15-29 | 29,680,000 | 27,494,810 | |
T-Mobile USA, Inc. | 3.750 | 04-15-27 | 19,854,000 | 19,601,135 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Wireless telecommunication services (continued) | |||||
T-Mobile USA, Inc. | 3.875 | 04-15-30 | 40,030,000 | $38,494,859 | |
T-Mobile USA, Inc. | 4.500 | 04-15-50 | 24,546,000 | 22,830,620 | |
Vodafone Group PLC (7.000% to 1-4-29, then 5 Year U.S. Swap Rate + 4.873%) | 7.000 | 04-04-79 | 37,015,000 | 38,801,714 | |
Consumer discretionary 6.2% | 1,352,432,528 | ||||
Auto components 0.1% | |||||
Aptiv PLC (D) | 3.250 | 03-01-32 | 10,712,000 | 9,454,750 | |
Dealer Tire LLC (C) | 8.000 | 02-01-28 | 7,968,000 | 7,350,480 | |
LCM Investments Holdings II LLC (C) | 4.875 | 05-01-29 | 6,213,000 | 5,296,583 | |
Automobiles 1.7% | |||||
Daimler Finance North America LLC (C) | 3.500 | 08-03-25 | 10,505,000 | 10,465,957 | |
Ford Motor Company | 3.250 | 02-12-32 | 12,651,000 | 10,694,523 | |
Ford Motor Credit Company LLC | 2.900 | 02-16-28 | 4,515,000 | 3,926,876 | |
Ford Motor Credit Company LLC | 4.000 | 11-13-30 | 13,199,000 | 11,879,100 | |
Ford Motor Credit Company LLC | 4.125 | 08-17-27 | 27,831,000 | 26,369,873 | |
Ford Motor Credit Company LLC | 4.134 | 08-04-25 | 69,096,000 | 67,344,416 | |
Ford Motor Credit Company LLC | 5.113 | 05-03-29 | 41,238,000 | 40,191,380 | |
General Motors Company | 5.400 | 04-01-48 | 11,218,000 | 10,381,939 | |
General Motors Financial Company, Inc. | 2.400 | 10-15-28 | 54,878,000 | 47,061,783 | |
General Motors Financial Company, Inc. | 3.600 | 06-21-30 | 60,147,000 | 53,953,527 | |
General Motors Financial Company, Inc. | 4.350 | 01-17-27 | 26,351,000 | 25,922,242 | |
Hyundai Capital America (C) | 1.000 | 09-17-24 | 27,108,000 | 25,474,118 | |
Hyundai Capital America (C) | 1.800 | 10-15-25 | 11,797,000 | 10,916,345 | |
Hyundai Capital America (C) | 2.375 | 10-15-27 | 10,962,000 | 9,832,685 | |
Nissan Motor Acceptance Company LLC (C) | 1.125 | 09-16-24 | 13,599,000 | 12,666,496 | |
Diversified consumer services 0.2% | |||||
GEMS MENASA Cayman, Ltd. (C) | 7.125 | 07-31-26 | 14,169,000 | 13,786,437 | |
Service Corp. International | 4.000 | 05-15-31 | 18,037,000 | 16,768,819 | |
Sotheby’s (C)(D) | 7.375 | 10-15-27 | 12,300,000 | 12,012,604 | |
Hotels, restaurants and leisure 3.0% | |||||
Affinity Gaming (C) | 6.875 | 12-15-27 | 10,775,000 | 9,579,481 | |
Booking Holdings, Inc. | 4.625 | 04-13-30 | 29,917,000 | 30,880,283 | |
Caesars Resort Collection LLC (C) | 5.750 | 07-01-25 | 8,014,000 | 8,045,255 | |
CCM Merger, Inc. (C) | 6.375 | 05-01-26 | 8,345,000 | 8,052,424 | |
Choice Hotels International, Inc. | 3.700 | 12-01-29 | 15,994,000 | 14,757,036 | |
Choice Hotels International, Inc. | 3.700 | 01-15-31 | 17,414,000 | 15,968,164 | |
Dave & Buster’s, Inc. (C) | 7.625 | 11-01-25 | 3,081,000 | 3,092,554 | |
Expedia Group, Inc. | 2.950 | 03-15-31 | 19,436,000 | 16,411,534 | |
Expedia Group, Inc. | 3.250 | 02-15-30 | 29,897,000 | 26,400,189 | |
Expedia Group, Inc. | 3.800 | 02-15-28 | 44,372,000 | 42,265,305 | |
Expedia Group, Inc. | 4.625 | 08-01-27 | 26,562,000 | 26,518,444 |
18 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Expedia Group, Inc. | 5.000 | 02-15-26 | 34,335,000 | $34,889,061 | |
Full House Resorts, Inc. (C) | 8.250 | 02-15-28 | 9,403,000 | 8,509,715 | |
Hilton Domestic Operating Company, Inc. (C) | 3.625 | 02-15-32 | 17,376,000 | 15,073,680 | |
Hilton Domestic Operating Company, Inc. (C) | 4.000 | 05-01-31 | 11,306,000 | 10,364,210 | |
Hilton Domestic Operating Company, Inc. | 4.875 | 01-15-30 | 23,211,000 | 22,780,552 | |
Hilton Domestic Operating Company, Inc. (C) | 5.750 | 05-01-28 | 6,395,000 | 6,514,906 | |
Hilton Grand Vacations Borrower Escrow LLC (C)(D) | 4.875 | 07-01-31 | 13,024,000 | 11,478,963 | |
Hilton Grand Vacations Borrower Escrow LLC (C) | 5.000 | 06-01-29 | 16,411,000 | 15,261,902 | |
Hyatt Hotels Corp. | 1.800 | 10-01-24 | 14,464,000 | 13,853,331 | |
Hyatt Hotels Corp. | 6.000 | 04-23-30 | 12,930,000 | 13,504,168 | |
International Game Technology PLC (C) | 4.125 | 04-15-26 | 2,543,000 | 2,449,545 | |
International Game Technology PLC (C) | 5.250 | 01-15-29 | 4,076,000 | 3,975,527 | |
International Game Technology PLC (C) | 6.500 | 02-15-25 | 11,430,000 | 11,744,325 | |
Jacobs Entertainment, Inc. (C) | 6.750 | 02-15-29 | 7,277,000 | 6,717,908 | |
Life Time, Inc. (C)(D) | 8.000 | 04-15-26 | 8,064,000 | 7,911,469 | |
Marriott International, Inc. | 2.850 | 04-15-31 | 25,741,000 | 22,299,810 | |
Marriott International, Inc. | 3.125 | 06-15-26 | 9,705,000 | 9,404,797 | |
Marriott International, Inc. | 3.500 | 10-15-32 | 12,529,000 | 11,254,237 | |
Marriott International, Inc. | 4.625 | 06-15-30 | 24,226,000 | 23,988,004 | |
Marriott Ownership Resorts, Inc. (C) | 4.500 | 06-15-29 | 3,098,000 | 2,752,418 | |
MGM Resorts International | 4.750 | 10-15-28 | 29,156,000 | 26,536,479 | |
Midwest Gaming Borrower LLC (C) | 4.875 | 05-01-29 | 16,228,000 | 13,712,660 | |
Mohegan Gaming & Entertainment (C) | 8.000 | 02-01-26 | 20,765,000 | 19,197,450 | |
New Red Finance, Inc. (C) | 4.000 | 10-15-30 | 36,819,000 | 32,452,451 | |
Papa John’s International, Inc. (C)(D) | 3.875 | 09-15-29 | 2,940,000 | 2,631,153 | |
Premier Entertainment Sub LLC (C) | 5.625 | 09-01-29 | 11,856,000 | 9,395,880 | |
Premier Entertainment Sub LLC (C) | 5.875 | 09-01-31 | 33,280,000 | 26,048,922 | |
Resorts World Las Vegas LLC (C) | 4.625 | 04-16-29 | 19,445,000 | 16,565,779 | |
Resorts World Las Vegas LLC (C) | 4.625 | 04-06-31 | 8,500,000 | 6,999,102 | |
Travel + Leisure Company (C) | 4.625 | 03-01-30 | 9,653,000 | 8,373,978 | |
Travel + Leisure Company | 6.600 | 10-01-25 | 9,936,000 | 10,283,760 | |
Wyndham Hotels & Resorts, Inc. (C) | 4.375 | 08-15-28 | 9,122,000 | 8,607,702 | |
Yum! Brands, Inc. | 3.625 | 03-15-31 | 17,351,000 | 15,345,962 | |
Yum! Brands, Inc. (C) | 4.750 | 01-15-30 | 13,022,000 | 12,533,675 | |
Household durables 0.4% | |||||
Brookfield Residential Properties, Inc. (C) | 5.000 | 06-15-29 | 9,654,000 | 8,161,009 | |
Century Communities, Inc. (C) | 3.875 | 08-15-29 | 23,828,000 | 20,608,837 | |
Century Communities, Inc. | 6.750 | 06-01-27 | 17,310,000 | 17,600,981 | |
Empire Communities Corp. (C) | 7.000 | 12-15-25 | 5,108,000 | 4,578,045 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Household durables (continued) | |||||
KB Home (D) | 4.000 | 06-15-31 | 18,228,000 | $15,744,435 | |
MDC Holdings, Inc. | 2.500 | 01-15-31 | 10,454,000 | 8,231,497 | |
Toll Brothers Finance Corp. (D) | 3.800 | 11-01-29 | 5,033,000 | 4,624,529 | |
Internet and direct marketing retail 0.2% | |||||
Amazon.com, Inc. | 4.050 | 08-22-47 | 25,692,000 | 25,366,280 | |
eBay, Inc. | 2.700 | 03-11-30 | 34,480,000 | 30,509,934 | |
Multiline retail 0.3% | |||||
Dollar Tree, Inc. | 4.200 | 05-15-28 | 48,304,000 | 48,161,311 | |
Macy’s Retail Holdings LLC (C)(D) | 5.875 | 04-01-29 | 4,584,000 | 4,315,538 | |
Macy’s Retail Holdings LLC (C) | 5.875 | 03-15-30 | 1,337,000 | 1,220,013 | |
Macy’s Retail Holdings LLC (C) | 6.125 | 03-15-32 | 2,507,000 | 2,250,033 | |
Specialty retail 0.3% | |||||
Asbury Automotive Group, Inc. (C) | 4.625 | 11-15-29 | 3,401,000 | 3,135,331 | |
Asbury Automotive Group, Inc. | 4.750 | 03-01-30 | 14,462,000 | 13,124,265 | |
AutoNation, Inc. | 4.750 | 06-01-30 | 12,415,000 | 12,115,435 | |
Group 1 Automotive, Inc. (C) | 4.000 | 08-15-28 | 2,525,000 | 2,299,644 | |
Ken Garff Automotive LLC (C) | 4.875 | 09-15-28 | 9,464,000 | 8,183,805 | |
Lithia Motors, Inc. (C) | 3.875 | 06-01-29 | 7,350,000 | 6,787,636 | |
Lithia Motors, Inc. (C)(D) | 4.375 | 01-15-31 | 7,350,000 | 6,795,590 | |
Lithia Motors, Inc. (C) | 4.625 | 12-15-27 | 3,675,000 | 3,617,229 | |
Specialty Building Products Holdings LLC (C) | 6.375 | 09-30-26 | 2,636,000 | 2,431,710 | |
Textiles, apparel and luxury goods 0.0% | |||||
Levi Strauss & Company (C)(D) | 3.500 | 03-01-31 | 6,193,000 | 5,434,358 | |
Consumer staples 1.5% | 335,886,065 | ||||
Beverages 0.1% | |||||
Anheuser-Busch InBev Worldwide, Inc. | 4.600 | 04-15-48 | 25,824,000 | 24,571,509 | |
Food and staples retailing 0.3% | |||||
Advantage Sales & Marketing, Inc. (C) | 6.500 | 11-15-28 | 24,297,000 | 21,641,338 | |
Albertsons Companies, Inc. (C) | 3.250 | 03-15-26 | 9,681,000 | 9,073,420 | |
Albertsons Companies, Inc. (C) | 3.500 | 03-15-29 | 23,295,000 | 20,273,871 | |
U.S. Foods, Inc. (C) | 4.750 | 02-15-29 | 14,199,000 | 13,328,246 | |
Food products 0.9% | |||||
BRF SA (C)(D) | 5.750 | 09-21-50 | 19,438,000 | 14,572,669 | |
Coruripe Netherlands BV (C) | 10.000 | 02-10-27 | 18,985,000 | 16,749,706 | |
Darling Ingredients, Inc. (C) | 6.000 | 06-15-30 | 5,913,000 | 5,913,000 | |
JBS Finance Luxembourg Sarl (C) | 3.625 | 01-15-32 | 17,668,000 | 14,966,386 | |
JBS USA LUX SA (C) | 3.750 | 12-01-31 | 5,619,000 | 4,801,493 | |
Kraft Heinz Foods Company | 4.375 | 06-01-46 | 26,120,000 | 22,935,688 | |
Kraft Heinz Foods Company | 4.875 | 10-01-49 | 5,823,000 | 5,444,468 | |
Kraft Heinz Foods Company | 5.000 | 06-04-42 | 12,796,000 | 12,271,711 |
20 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer staples (continued) | |||||
Food products (continued) | |||||
Kraft Heinz Foods Company | 5.500 | 06-01-50 | 19,892,000 | $20,320,471 | |
Kraft Heinz Foods Company | 6.500 | 02-09-40 | 14,325,000 | 16,002,230 | |
MARB BondCo PLC (C) | 3.950 | 01-29-31 | 26,902,000 | 22,467,205 | |
NBM US Holdings, Inc. (C) | 6.625 | 08-06-29 | 23,263,000 | 23,757,571 | |
Post Holdings, Inc. (C) | 5.500 | 12-15-29 | 17,011,000 | 16,197,619 | |
Household products 0.1% | |||||
Edgewell Personal Care Company (C) | 4.125 | 04-01-29 | 9,887,000 | 8,978,236 | |
Edgewell Personal Care Company (C) | 5.500 | 06-01-28 | 19,847,000 | 19,302,597 | |
Personal products 0.1% | |||||
Natura Cosmeticos SA (C)(D) | 4.125 | 05-03-28 | 11,873,000 | 10,718,781 | |
Oriflame Investment Holding PLC (C) | 5.125 | 05-04-26 | 17,182,000 | 11,597,850 | |
Energy 5.1% | 1,108,098,309 | ||||
Energy equipment and services 0.2% | |||||
CSI Compressco LP (C)(D) | 7.500 | 04-01-25 | 20,084,000 | 18,887,750 | |
CSI Compressco LP (C) | 7.500 | 04-01-25 | 5,179,000 | 4,870,527 | |
CSI Compressco LP (10.000% Cash or 7.250% Cash and 3.500% PIK) (C) | 10.000 | 04-01-26 | 16,839,837 | 15,945,783 | |
Inkia Energy, Ltd. (C) | 5.875 | 11-09-27 | 4,600,000 | 4,260,796 | |
Oil, gas and consumable fuels 4.9% | |||||
Aker BP ASA (C) | 3.000 | 01-15-25 | 13,687,000 | 13,407,948 | |
Aker BP ASA (C) | 3.750 | 01-15-30 | 15,636,000 | 14,571,386 | |
Aker BP ASA (C) | 4.000 | 01-15-31 | 35,401,000 | 33,210,725 | |
Altera Infrastructure LP (C)(D) | 8.500 | 07-15-23 | 16,547,000 | 9,100,850 | |
Antero Midstream Partners LP (C) | 5.375 | 06-15-29 | 16,047,000 | 16,089,123 | |
Antero Resources Corp. (C)(D) | 5.375 | 03-01-30 | 5,836,000 | 5,919,046 | |
Ascent Resources Utica Holdings LLC (C) | 5.875 | 06-30-29 | 20,673,000 | 19,794,398 | |
Cheniere Energy Partners LP | 4.000 | 03-01-31 | 32,214,000 | 29,757,683 | |
Cheniere Energy Partners LP | 4.500 | 10-01-29 | 32,119,000 | 31,334,012 | |
Continental Resources, Inc. | 4.900 | 06-01-44 | 13,606,000 | 12,219,685 | |
Coterra Energy, Inc. (C) | 4.375 | 06-01-24 | 15,553,000 | 15,728,447 | |
DCP Midstream Operating LP (5.850% to 5-21-23, then 3 month LIBOR + 3.850%) (C) | 5.850 | 05-21-43 | 14,289,000 | 12,538,598 | |
Diamondback Energy, Inc. | 3.125 | 03-24-31 | 17,121,000 | 15,525,659 | |
Enbridge, Inc. (5.500% to 7-15-27, then 3 month LIBOR + 3.418%) | 5.500 | 07-15-77 | 22,814,000 | 20,569,932 | |
Enbridge, Inc. (5.750% to 4-15-30, then 5 Year CMT + 5.314%) | 5.750 | 07-15-80 | 24,440,000 | 23,209,441 | |
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) | 6.250 | 03-01-78 | 22,746,000 | 21,965,921 | |
Energean Israel Finance, Ltd. (C) | 5.375 | 03-30-28 | 6,461,000 | 5,970,416 | |
Energean Israel Finance, Ltd. (C) | 5.875 | 03-30-31 | 11,574,000 | 10,516,446 | |
Energy Transfer LP | 4.200 | 04-15-27 | 15,466,000 | 15,232,059 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Energy Transfer LP | 5.150 | 03-15-45 | 24,388,000 | $21,855,331 | |
Energy Transfer LP | 5.250 | 04-15-29 | 51,517,000 | 52,718,666 | |
Energy Transfer LP | 5.400 | 10-01-47 | 17,042,000 | 15,686,766 | |
Energy Transfer LP | 5.500 | 06-01-27 | 23,511,000 | 24,368,485 | |
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) (E) | 6.500 | 11-15-26 | 30,996,000 | 28,938,770 | |
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) | 5.250 | 08-16-77 | 41,461,000 | 35,990,852 | |
EQM Midstream Partners LP (C) | 7.500 | 06-01-30 | 1,610,000 | 1,610,000 | |
EQM Midstream Partners LP (C) | 7.500 | 06-01-27 | 2,859,000 | 2,859,000 | |
EQT Corp. | 7.500 | 02-01-30 | 9,489,000 | 10,534,498 | |
Hess Midstream Operations LP (C) | 4.250 | 02-15-30 | 5,230,000 | 4,793,034 | |
Hess Midstream Operations LP (C) | 5.500 | 10-15-30 | 2,295,000 | 2,263,788 | |
Inversiones Latin America Power Ltda (C) | 5.125 | 06-15-33 | 12,637,071 | 8,530,023 | |
Kinder Morgan Energy Partners LP | 7.750 | 03-15-32 | 15,840,000 | 19,144,816 | |
Leviathan Bond, Ltd. (C) | 6.500 | 06-30-27 | 29,476,000 | 29,256,782 | |
Leviathan Bond, Ltd. (C) | 6.750 | 06-30-30 | 4,949,000 | 4,878,542 | |
Lundin Energy Finance BV (C) | 3.100 | 07-15-31 | 23,855,000 | 21,002,854 | |
MC Brazil Downstream Trading SARL (C)(D) | 7.250 | 06-30-31 | 18,736,000 | 16,698,460 | |
Midwest Connector Capital Company LLC (C) | 3.900 | 04-01-24 | 26,438,000 | 26,273,451 | |
MPLX LP | 4.000 | 03-15-28 | 19,922,000 | 19,470,077 | |
MPLX LP | 4.125 | 03-01-27 | 5,490,000 | 5,436,454 | |
MPLX LP | 4.250 | 12-01-27 | 15,703,000 | 15,547,957 | |
MPLX LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) (D)(E) | 6.875 | 02-15-23 | 54,894,000 | 53,266,482 | |
Ovintiv, Inc. | 7.200 | 11-01-31 | 3,846,000 | 4,361,466 | |
Parkland Corp. (C) | 4.500 | 10-01-29 | 12,267,000 | 11,078,450 | |
Parkland Corp. (C) | 4.625 | 05-01-30 | 11,791,000 | 10,633,242 | |
Petrobras Global Finance BV | 6.900 | 03-19-49 | 11,558,000 | 10,911,561 | |
Petrorio Luxembourg Trading Sarl (C) | 6.125 | 06-09-26 | 10,991,000 | 10,540,479 | |
Sabine Pass Liquefaction LLC | 4.200 | 03-15-28 | 13,493,000 | 13,336,323 | |
Sabine Pass Liquefaction LLC | 4.500 | 05-15-30 | 28,938,000 | 28,839,466 | |
Sabine Pass Liquefaction LLC | 5.000 | 03-15-27 | 12,815,000 | 13,210,272 | |
Sabine Pass Liquefaction LLC | 5.875 | 06-30-26 | 16,234,000 | 17,145,923 | |
Southwestern Energy Company | 4.750 | 02-01-32 | 9,065,000 | 8,859,134 | |
Sunoco LP | 4.500 | 05-15-29 | 7,321,000 | 6,815,851 | |
Sunoco LP (C) | 4.500 | 04-30-30 | 17,216,000 | 15,666,560 | |
Targa Resources Corp. | 4.950 | 04-15-52 | 29,927,000 | 27,402,039 | |
Targa Resources Partners LP | 4.000 | 01-15-32 | 24,529,000 | 22,382,713 | |
The Williams Companies, Inc. | 3.750 | 06-15-27 | 25,351,000 | 24,860,632 | |
The Williams Companies, Inc. | 4.550 | 06-24-24 | 51,970,000 | 52,827,474 |
22 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
The Williams Companies, Inc. | 5.750 | 06-24-44 | 7,401,000 | $7,702,185 | |
TransCanada PipeLines, Ltd. | 4.250 | 05-15-28 | 13,625,000 | 13,712,090 | |
Venture Global Calcasieu Pass LLC (C) | 3.875 | 08-15-29 | 6,386,000 | 6,041,667 | |
Venture Global Calcasieu Pass LLC (C) | 4.125 | 08-15-31 | 10,687,000 | 10,019,063 | |
Financials 11.6% | 2,533,649,948 | ||||
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 | 14,763,625 | |
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 | 7,008,533 | |
Banco Santander SA | 4.379 | 04-12-28 | 19,106,000 | 18,752,329 | |
Bank of America Corp. (2.087% to 6-14-28, then SOFR + 1.060%) | 2.087 | 06-14-29 | 37,794,000 | 33,307,831 | |
Bank of America Corp. (2.592% to 4-29-30, then SOFR + 2.150%) | 2.592 | 04-29-31 | 33,019,000 | 29,001,680 | |
Bank of America Corp. (2.687% to 4-22-31, then SOFR + 1.320%) | 2.687 | 04-22-32 | 62,212,000 | 54,217,861 | |
Bank of America Corp. | 3.248 | 10-21-27 | 30,664,000 | 29,694,919 | |
Bank of America Corp. (3.846% to 3-8-32, then 5 Year CMT + 2.000%) | 3.846 | 03-08-37 | 30,104,000 | 27,254,815 | |
Bank of America Corp. | 3.950 | 04-21-25 | 32,757,000 | 32,976,532 | |
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 | 46,871,058 | |
Barclays PLC | 4.375 | 01-12-26 | 20,493,000 | 20,557,106 | |
Barclays PLC (4.375% to 3-15-28, then 5 Year CMT + 3.410%) (E) | 4.375 | 03-15-28 | 25,632,000 | 21,537,937 | |
BPCE SA (C) | 4.500 | 03-15-25 | 20,953,000 | 20,964,233 | |
Citigroup, Inc. (2.561% to 5-1-31, then SOFR + 1.167%) | 2.561 | 05-01-32 | 17,677,000 | 15,131,248 | |
Citigroup, Inc. | 3.200 | 10-21-26 | 42,722,000 | 41,408,690 | |
Citigroup, Inc. | 4.600 | 03-09-26 | 52,077,000 | 52,800,270 | |
Citigroup, Inc. (4.700% to 1-30-25, then SOFR + 3.234%) (E) | 4.700 | 01-30-25 | 40,778,000 | 36,327,897 | |
Citigroup, Inc. (6.250% to 8-15-26, then 3 month LIBOR + 4.517%) (E) | 6.250 | 08-15-26 | 28,239,000 | 28,336,583 | |
Citizens Financial Group, Inc. | 3.250 | 04-30-30 | 38,429,000 | 35,109,334 | |
Credit Agricole SA (C) | 2.811 | 01-11-41 | 16,269,000 | 11,731,373 | |
Credit Agricole SA (C) | 3.250 | 01-14-30 | 34,359,000 | 30,364,422 | |
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 | 19,245,200 | |
Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + 3.033%) (E) | 5.100 | 06-30-23 | 19,543,000 | 18,486,786 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 23 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Freedom Mortgage Corp. (C) | 8.125 | 11-15-24 | 16,897,000 | $16,080,815 | |
Freedom Mortgage Corp. (C) | 8.250 | 04-15-25 | 5,330,000 | 4,936,822 | |
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 | 7,074,979 | |
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 | 7,228,535 | |
Intesa Sanpaolo SpA (4.198% to 6-1-31, then 1 Year CMT + 2.600%) (C) | 4.198 | 06-01-32 | 12,859,000 | 10,532,563 | |
JPMorgan Chase & Co. (2.522% to 4-22-30, then SOFR + 2.040%) | 2.522 | 04-22-31 | 37,839,000 | 33,326,935 | |
JPMorgan Chase & Co. (2.956% to 5-13-30, then SOFR + 2.515%) | 2.956 | 05-13-31 | 34,052,000 | 30,387,057 | |
JPMorgan Chase & Co. (2.963% to 1-25-32, then SOFR + 1.260%) | 2.963 | 01-25-33 | 7,549,000 | 6,739,589 | |
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) (E) | 4.600 | 02-01-25 | 29,100,000 | 26,083,920 | |
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) (E) | 6.750 | 02-01-24 | 37,792,000 | 38,852,066 | |
Lloyds Banking Group PLC | 4.450 | 05-08-25 | 64,749,000 | 65,764,490 | |
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 | 22,871,741 | |
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) (E) | 5.125 | 11-01-26 | 10,483,000 | 9,739,606 | |
NatWest Group PLC (3.754% to 11-1-24, then 5 Year CMT + 2.100%) | 3.754 | 11-01-29 | 12,650,000 | 12,369,049 | |
NatWest Group PLC (6.000% to 12-29-25, then 5 Year CMT + 5.625%) (D)(E) | 6.000 | 12-29-25 | 28,242,000 | 27,667,021 | |
NatWest Markets PLC (C) | 1.600 | 09-29-26 | 38,513,000 | 34,694,166 | |
PNC Bank NA | 4.050 | 07-26-28 | 7,606,000 | 7,565,637 | |
Santander Holdings USA, Inc. (2.490% to 1-6-27, then SOFR + 1.249%) | 2.490 | 01-06-28 | 23,584,000 | 21,414,917 | |
Santander Holdings USA, Inc. | 3.244 | 10-05-26 | 54,351,000 | 51,997,609 | |
Santander Holdings USA, Inc. | 3.450 | 06-02-25 | 47,214,000 | 46,402,999 | |
Santander Holdings USA, Inc. | 4.400 | 07-13-27 | 11,817,000 | 11,693,021 | |
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 | 20,419,295 | |
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 | 19,487,894 | |
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 | 31,738,844 |
24 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
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 | $14,306,732 | |
The PNC Financial Services Group, Inc. (3 month LIBOR + 3.678%) (B)(E) | 4.964 | 08-01-22 | 29,683,000 | 29,388,260 | |
Wells Fargo & Company (2.393% to 6-2-27, then SOFR + 2.100%) | 2.393 | 06-02-28 | 56,542,000 | 52,182,704 | |
Wells Fargo & Company (2.879% to 10-30-29, then SOFR + 1.432%) | 2.879 | 10-30-30 | 44,389,000 | 40,386,849 | |
Wells Fargo & Company (3.068% to 4-30-40, then SOFR + 2.530%) | 3.068 | 04-30-41 | 25,324,000 | 20,736,658 | |
Wells Fargo & Company (3.350% to 3-2-32, then SOFR + 1.500%) | 3.350 | 03-02-33 | 21,978,000 | 20,274,992 | |
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) (E) | 5.875 | 06-15-25 | 66,361,000 | 66,029,195 | |
Capital markets 2.6% | |||||
Ares Capital Corp. | 2.150 | 07-15-26 | 33,646,000 | 29,609,078 | |
Ares Capital Corp. | 2.875 | 06-15-28 | 20,963,000 | 17,736,086 | |
Ares Capital Corp. | 3.875 | 01-15-26 | 23,776,000 | 22,737,941 | |
Ares Capital Corp. | 4.200 | 06-10-24 | 19,386,000 | 19,458,642 | |
Blackstone Private Credit Fund (C) | 2.350 | 11-22-24 | 24,290,000 | 22,778,107 | |
Blackstone Private Credit Fund (C) | 2.700 | 01-15-25 | 19,200,000 | 18,014,891 | |
Blackstone Private Credit Fund (C) | 3.250 | 03-15-27 | 5,483,000 | 4,848,378 | |
Blackstone Private Credit Fund (C) | 4.000 | 01-15-29 | 27,133,000 | 23,968,228 | |
Cantor Fitzgerald LP (C) | 4.875 | 05-01-24 | 29,539,000 | 30,146,024 | |
Deutsche Bank AG (2.311% to 11-16-26, then SOFR + 1.219%) | 2.311 | 11-16-27 | 22,438,000 | 19,861,688 | |
Deutsche Bank AG (3.742% to 10-7-31, then SOFR + 2.257%) | 3.742 | 01-07-33 | 29,929,000 | 24,466,429 | |
Lazard Group LLC | 4.375 | 03-11-29 | 14,330,000 | 13,971,972 | |
Macquarie Bank, Ltd. (C) | 3.624 | 06-03-30 | 17,809,000 | 15,840,728 | |
Macquarie Bank, Ltd. (C) | 4.875 | 06-10-25 | 21,865,000 | 22,124,846 | |
Morgan Stanley (2.239% to 7-21-31, then SOFR + 1.178%) | 2.239 | 07-21-32 | 14,763,000 | 12,462,787 | |
Morgan Stanley (2.484% to 9-16-31, then SOFR + 1.360%) | 2.484 | 09-16-36 | 44,428,000 | 35,836,423 | |
Morgan Stanley | 3.875 | 01-27-26 | 21,682,000 | 21,727,017 | |
MSCI, Inc. (C)(D) | 3.250 | 08-15-33 | 19,492,000 | 16,990,007 | |
MSCI, Inc. (C) | 3.625 | 11-01-31 | 22,874,000 | 20,694,108 | |
S&P Global, Inc. (C) | 4.750 | 08-01-28 | 11,278,000 | 11,731,998 | |
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then SOFR + 1.281%) | 2.615 | 04-22-32 | 76,922,000 | 66,282,381 | |
The Goldman Sachs Group, Inc. (2.650% to 10-21-31, then SOFR + 1.264%) | 2.650 | 10-21-32 | 29,672,000 | 25,434,694 | |
The Goldman Sachs Group, Inc. | 3.850 | 01-26-27 | 55,332,000 | 54,850,350 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 25 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Capital markets (continued) | |||||
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 | $17,326,660 | |
Consumer finance 0.4% | |||||
Ally Financial, Inc. | 5.125 | 09-30-24 | 36,496,000 | 37,645,662 | |
Discover Financial Services | 4.100 | 02-09-27 | 9,359,000 | 9,275,750 | |
Enova International, Inc. (C) | 8.500 | 09-01-24 | 3,762,000 | 3,608,901 | |
Enova International, Inc. (C) | 8.500 | 09-15-25 | 17,273,000 | 15,502,518 | |
OneMain Finance Corp. | 6.875 | 03-15-25 | 5,750,000 | 5,843,840 | |
Unifin Financiera SAB de CV (C) | 9.875 | 01-28-29 | 16,671,000 | 7,672,994 | |
Diversified financial services 0.3% | |||||
Jefferies Group LLC | 4.150 | 01-23-30 | 24,170,000 | 22,701,782 | |
Jefferies Group LLC | 4.850 | 01-15-27 | 20,117,000 | 20,454,834 | |
Voya Financial, Inc. (5.650% to 5-15-23, then 3 month LIBOR + 3.580%) | 5.650 | 05-15-53 | 33,960,000 | 32,941,737 | |
Insurance 1.5% | |||||
Athene Holding, Ltd. | 3.500 | 01-15-31 | 13,118,000 | 11,701,777 | |
AXA SA | 8.600 | 12-15-30 | 11,242,000 | 13,854,753 | |
CNA Financial Corp. | 2.050 | 08-15-30 | 11,031,000 | 9,196,098 | |
CNO Financial Group, Inc. | 5.250 | 05-30-25 | 11,065,000 | 11,399,030 | |
CNO Financial Group, Inc. | 5.250 | 05-30-29 | 30,851,000 | 31,284,872 | |
Liberty Mutual Group, Inc. (4.125% to 9-15-26, then 5 Year CMT + 3.315%) (C) | 4.125 | 12-15-51 | 22,859,000 | 19,889,325 | |
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) | 6.400 | 12-15-36 | 24,309,000 | 24,977,498 | |
MetLife, Inc. (9.250% to 4-8-38, then 3 month LIBOR + 5.540%) (C) | 9.250 | 04-08-38 | 6,634,000 | 8,034,493 | |
New York Life Insurance Company (C) | 3.750 | 05-15-50 | 13,513,000 | 11,538,133 | |
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 | 32,154,886 | |
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 | 21,664,189 | |
Prudential Financial, Inc. (5.125% to 11-28-31, then 5 Year CMT + 3.162%) | 5.125 | 03-01-52 | 14,800,000 | 14,226,500 | |
Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) | 5.875 | 09-15-42 | 53,119,000 | 52,904,120 | |
SBL Holdings, Inc. (C) | 5.000 | 02-18-31 | 22,901,000 | 20,123,155 | |
Teachers Insurance & Annuity Association of America (C) | 4.270 | 05-15-47 | 28,134,000 | 26,141,839 | |
Unum Group | 4.125 | 06-15-51 | 10,996,000 | 8,481,052 | |
Thrifts and mortgage finance 0.2% | |||||
Nationstar Mortgage Holdings, Inc. (C) | 5.125 | 12-15-30 | 10,058,000 | 9,003,956 |
26 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Thrifts and mortgage finance (continued) | |||||
Nationstar Mortgage Holdings, Inc. (C) | 5.500 | 08-15-28 | 11,236,000 | $10,604,200 | |
Nationstar Mortgage Holdings, Inc. (C) | 6.000 | 01-15-27 | 6,021,000 | 5,839,768 | |
Radian Group, Inc. | 4.500 | 10-01-24 | 12,023,000 | 11,857,601 | |
Health care 2.7% | 581,483,849 | ||||
Biotechnology 0.4% | |||||
AbbVie, Inc. | 3.200 | 11-21-29 | 102,266,000 | 96,133,866 | |
Health care equipment and supplies 0.1% | |||||
Varex Imaging Corp. (C) | 7.875 | 10-15-27 | 9,865,000 | 10,000,644 | |
Health care providers and services 1.7% | |||||
AdaptHealth LLC (C) | 5.125 | 03-01-30 | 11,714,000 | 10,184,664 | |
AmerisourceBergen Corp. | 2.800 | 05-15-30 | 25,603,000 | 23,082,740 | |
Anthem, Inc. | 2.250 | 05-15-30 | 9,636,000 | 8,445,029 | |
Centene Corp. | 3.000 | 10-15-30 | 22,602,000 | 20,105,383 | |
Centene Corp. | 3.375 | 02-15-30 | 12,115,000 | 11,115,513 | |
Centene Corp. | 4.250 | 12-15-27 | 6,580,000 | 6,547,100 | |
Centene Corp. | 4.625 | 12-15-29 | 9,945,000 | 9,801,195 | |
CVS Health Corp. | 3.750 | 04-01-30 | 22,401,000 | 21,609,445 | |
CVS Health Corp. | 4.300 | 03-25-28 | 11,813,000 | 11,960,206 | |
CVS Health Corp. | 5.050 | 03-25-48 | 23,954,000 | 24,399,414 | |
DaVita, Inc. (C) | 3.750 | 02-15-31 | 25,782,000 | 21,130,154 | |
DaVita, Inc. (C) | 4.625 | 06-01-30 | 25,690,000 | 22,318,188 | |
Encompass Health Corp. | 4.500 | 02-01-28 | 9,496,000 | 8,828,123 | |
Encompass Health Corp. | 4.625 | 04-01-31 | 8,984,000 | 7,962,070 | |
Fresenius Medical Care US Finance III, Inc. (C) | 2.375 | 02-16-31 | 41,343,000 | 33,880,821 | |
HCA, Inc. | 4.125 | 06-15-29 | 20,511,000 | 19,869,497 | |
HCA, Inc. | 5.250 | 04-15-25 | 21,962,000 | 22,777,971 | |
HCA, Inc. (D) | 5.250 | 06-15-26 | 18,315,000 | 18,978,105 | |
Rede D’or Finance Sarl (C) | 4.500 | 01-22-30 | 16,468,000 | 14,352,027 | |
Select Medical Corp. (C) | 6.250 | 08-15-26 | 17,348,000 | 17,305,844 | |
Universal Health Services, Inc. (C) | 1.650 | 09-01-26 | 22,040,000 | 19,707,729 | |
Universal Health Services, Inc. (C) | 2.650 | 10-15-30 | 23,046,000 | 19,492,569 | |
Pharmaceuticals 0.5% | |||||
Catalent Pharma Solutions, Inc. (C) | 3.125 | 02-15-29 | 3,886,000 | 3,486,539 | |
Catalent Pharma Solutions, Inc. (C) | 5.000 | 07-15-27 | 3,791,000 | 3,743,745 | |
Jazz Securities DAC (C) | 4.375 | 01-15-29 | 6,749,000 | 6,512,785 | |
Organon & Company (C) | 5.125 | 04-30-31 | 20,418,000 | 19,629,355 | |
Royalty Pharma PLC | 1.750 | 09-02-27 | 12,549,000 | 11,070,405 | |
Viatris, Inc. | 2.300 | 06-22-27 | 11,686,000 | 10,438,019 | |
Viatris, Inc. | 2.700 | 06-22-30 | 30,024,000 | 25,105,582 | |
Viatris, Inc. | 4.000 | 06-22-50 | 28,818,000 | 21,509,122 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 27 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials 6.8% | $1,485,936,881 | ||||
Aerospace and defense 0.9% | |||||
DAE Funding LLC (C) | 2.625 | 03-20-25 | 24,111,000 | 22,417,299 | |
Huntington Ingalls Industries, Inc. | 4.200 | 05-01-30 | 24,364,000 | 23,507,037 | |
The Boeing Company | 3.200 | 03-01-29 | 25,154,000 | 22,457,877 | |
The Boeing Company | 5.040 | 05-01-27 | 41,668,000 | 41,865,186 | |
The Boeing Company | 5.150 | 05-01-30 | 26,956,000 | 26,799,358 | |
The Boeing Company | 5.805 | 05-01-50 | 21,019,000 | 20,681,813 | |
TransDigm, Inc. | 5.500 | 11-15-27 | 44,422,000 | 42,528,734 | |
Air freight and logistics 0.0% | |||||
Simpar Europe SA (C) | 5.200 | 01-26-31 | 6,695,000 | 5,523,375 | |
Airlines 2.4% | |||||
Air Canada 2013-1 Class A Pass Through Trust (C) | 4.125 | 05-15-25 | 8,921,945 | 8,565,068 | |
Air Canada 2017-1 Class B Pass Through Trust (C) | 3.700 | 01-15-26 | 9,969,583 | 9,371,408 | |
Alaska Airlines 2020-1 Class B Pass Through Trust (C) | 8.000 | 08-15-25 | 7,986,302 | 8,432,683 | |
American Airlines 2015-1 Class A Pass Through Trust | 3.375 | 05-01-27 | 59,045,272 | 52,747,462 | |
American Airlines 2015-1 Class B Pass Through Trust | 3.700 | 05-01-23 | 12,739,713 | 12,251,120 | |
American Airlines 2016-1 Class A Pass Through Trust | 4.100 | 01-15-28 | 21,175,715 | 18,466,515 | |
American Airlines 2017-1 Class A Pass Through Trust | 4.000 | 02-15-29 | 6,753,113 | 5,816,068 | |
American Airlines 2017-1 Class AA Pass Through Trust | 3.650 | 02-15-29 | 15,638,588 | 14,493,256 | |
American Airlines 2017-2 Class A Pass Through Trust | 3.600 | 10-15-29 | 14,136,867 | 12,227,126 | |
American Airlines 2019-1 Class A Pass Through Trust | 3.500 | 02-15-32 | 22,799,296 | 18,321,453 | |
American Airlines 2019-1 Class AA Pass Through Trust | 3.150 | 02-15-32 | 15,548,137 | 13,915,582 | |
American Airlines 2021-1 Class A Pass Through Trust | 2.875 | 07-11-34 | 13,660,000 | 12,004,573 | |
American Airlines 2021-1 Class B Pass Through Trust | 3.950 | 07-11-30 | 10,179,000 | 8,962,181 | |
British Airways 2013-1 Class A Pass Through Trust (C) | 4.625 | 06-20-24 | 9,284,139 | 9,144,877 | |
British Airways 2018-1 Class A Pass Through Trust (C) | 4.125 | 09-20-31 | 7,428,058 | 6,759,533 | |
British Airways 2020-1 Class A Pass Through Trust (C) | 4.250 | 11-15-32 | 7,161,245 | 6,854,749 | |
British Airways 2020-1 Class B Pass Through Trust (C) | 8.375 | 11-15-28 | 5,430,983 | 5,840,372 | |
Delta Air Lines, Inc. | 2.900 | 10-28-24 | 41,435,000 | 40,180,555 | |
Delta Air Lines, Inc. (D) | 4.375 | 04-19-28 | 26,290,000 | 24,906,357 |
28 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Airlines (continued) | |||||
Delta Air Lines, Inc. (C) | 4.500 | 10-20-25 | 5,725,000 | $5,711,286 | |
Delta Air Lines, Inc. (C) | 4.750 | 10-20-28 | 20,881,627 | 20,853,470 | |
JetBlue 2019-1 Class AA Pass Through Trust | 2.750 | 05-15-32 | 16,614,112 | 14,523,962 | |
United Airlines 2014-2 Class A Pass Through Trust | 3.750 | 09-03-26 | 29,454,119 | 27,963,452 | |
United Airlines 2014-2 Class B Pass Through Trust | 4.625 | 09-03-22 | 6,320,255 | 6,311,365 | |
United Airlines 2016-1 Class A Pass Through Trust | 3.450 | 07-07-28 | 25,328,292 | 21,466,614 | |
United Airlines 2016-1 Class B Pass Through Trust | 3.650 | 01-07-26 | 22,756,157 | 20,793,261 | |
United Airlines 2018-1 Class B Pass Through Trust | 4.600 | 03-01-26 | 5,249,611 | 4,887,896 | |
United Airlines 2019-1 Class A Pass Through Trust | 4.550 | 08-25-31 | 13,691,567 | 12,978,751 | |
United Airlines 2020-1 Class A Pass Through Trust | 5.875 | 10-15-27 | 48,588,387 | 48,831,329 | |
United Airlines 2020-1 Class B Pass Through Trust | 4.875 | 01-15-26 | 10,516,100 | 10,148,037 | |
United Airlines, Inc. (C) | 4.375 | 04-15-26 | 1,856,000 | 1,791,119 | |
United Airlines, Inc. (C) | 4.625 | 04-15-29 | 4,647,000 | 4,359,815 | |
US Airways 2010-1 Class A Pass Through Trust | 6.250 | 04-22-23 | 4,448,307 | 4,411,164 | |
US Airways 2011-1 Class A Pass Through Trust | 7.125 | 10-22-23 | 11,490,934 | 11,607,837 | |
US Airways 2012-1 Class A Pass Through Trust | 5.900 | 10-01-24 | 4,619,195 | 4,625,590 | |
US Airways 2012-2 Class A Pass Through Trust | 4.625 | 06-03-25 | 11,251,649 | 10,586,858 | |
Building products 0.2% | |||||
Builders FirstSource, Inc. (C) | 4.250 | 02-01-32 | 19,875,000 | 17,722,935 | |
Builders FirstSource, Inc. (C) | 5.000 | 03-01-30 | 2,354,000 | 2,207,630 | |
Builders FirstSource, Inc. (C) | 6.750 | 06-01-27 | 3,493,000 | 3,571,156 | |
MIWD Holdco II LLC (C) | 5.500 | 02-01-30 | 3,500,000 | 2,975,394 | |
Owens Corning | 3.950 | 08-15-29 | 20,949,000 | 20,086,797 | |
Commercial services and supplies 0.7% | |||||
Albion Financing 1 Sarl (C) | 6.125 | 10-15-26 | 12,103,000 | 11,033,579 | |
Allied Universal Holdco LLC (C) | 6.000 | 06-01-29 | 6,511,000 | 5,268,050 | |
APX Group, Inc. (C)(D) | 5.750 | 07-15-29 | 17,529,000 | 14,839,526 | |
Cimpress PLC (C) | 7.000 | 06-15-26 | 26,170,000 | 22,244,500 | |
Clean Harbors, Inc. (C) | 4.875 | 07-15-27 | 2,733,000 | 2,698,838 | |
Deluxe Corp. (C) | 8.000 | 06-01-29 | 8,022,000 | 7,109,498 | |
Garda World Security Corp. (C) | 6.000 | 06-01-29 | 13,405,000 | 11,068,106 | |
GFL Environmental, Inc. (C) | 3.500 | 09-01-28 | 22,720,000 | 20,732,000 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 29 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Commercial services and supplies (continued) | |||||
GFL Environmental, Inc. (C) | 4.375 | 08-15-29 | 15,857,000 | $14,152,373 | |
GFL Environmental, Inc. (C) | 4.750 | 06-15-29 | 9,994,000 | 9,104,309 | |
Graphic Packaging International LLC (C) | 3.500 | 03-01-29 | 17,119,000 | 15,449,898 | |
Legends Hospitality Holding Company LLC (C) | 5.000 | 02-01-26 | 4,392,000 | 4,108,123 | |
Prime Security Services Borrower LLC (C) | 3.375 | 08-31-27 | 3,713,000 | 3,323,135 | |
Prime Security Services Borrower LLC (C) | 6.250 | 01-15-28 | 13,549,000 | 12,475,919 | |
Williams Scotsman International, Inc. (C) | 4.625 | 08-15-28 | 4,183,000 | 3,954,901 | |
Construction and engineering 0.2% | |||||
Global Infrastructure Solutions, Inc. (C) | 5.625 | 06-01-29 | 17,739,000 | 14,879,651 | |
MasTec, Inc. (C) | 4.500 | 08-15-28 | 11,194,000 | 10,672,872 | |
Picasso Finance Sub, Inc. (C) | 6.125 | 06-15-25 | 1,601,000 | 1,629,018 | |
Tutor Perini Corp. (C)(D) | 6.875 | 05-01-25 | 20,940,000 | 19,474,200 | |
Electrical equipment 0.1% | |||||
Atkore, Inc. (C) | 4.250 | 06-01-31 | 6,560,000 | 5,986,000 | |
Vertiv Group Corp. (C) | 4.125 | 11-15-28 | 20,799,000 | 18,490,415 | |
Machinery 0.2% | |||||
Flowserve Corp. | 3.500 | 10-01-30 | 12,857,000 | 11,453,593 | |
Hillenbrand, Inc. | 3.750 | 03-01-31 | 13,621,000 | 11,986,480 | |
JB Poindexter & Company, Inc. (C) | 7.125 | 04-15-26 | 7,764,000 | 7,691,096 | |
TK Elevator U.S. Newco, Inc. (C) | 5.250 | 07-15-27 | 6,702,000 | 6,534,450 | |
Professional services 0.2% | |||||
CoStar Group, Inc. (C) | 2.800 | 07-15-30 | 30,088,000 | 26,000,836 | |
TriNet Group, Inc. (C) | 3.500 | 03-01-29 | 13,101,000 | 11,679,673 | |
Road and rail 0.4% | |||||
The Hertz Corp. (C) | 5.000 | 12-01-29 | 5,148,000 | 4,517,370 | |
Uber Technologies, Inc. (C) | 4.500 | 08-15-29 | 32,081,000 | 29,014,858 | |
Uber Technologies, Inc. (C) | 7.500 | 05-15-25 | 16,479,000 | 16,997,594 | |
Uber Technologies, Inc. (C) | 7.500 | 09-15-27 | 28,505,000 | 29,465,191 | |
Trading companies and distributors 1.4% | |||||
AerCap Ireland Capital DAC | 1.650 | 10-29-24 | 20,825,000 | 19,522,534 | |
AerCap Ireland Capital DAC | 1.750 | 01-30-26 | 28,153,000 | 25,139,322 | |
AerCap Ireland Capital DAC | 2.450 | 10-29-26 | 59,810,000 | 53,481,040 | |
AerCap Ireland Capital DAC | 2.875 | 08-14-24 | 26,769,000 | 25,912,255 | |
AerCap Ireland Capital DAC | 3.650 | 07-21-27 | 8,425,000 | 7,856,605 | |
Air Lease Corp. | 2.100 | 09-01-28 | 14,336,000 | 12,165,389 | |
Air Lease Corp. | 2.875 | 01-15-26 | 12,722,000 | 11,972,783 | |
Air Lease Corp. | 3.625 | 12-01-27 | 10,511,000 | 9,865,449 | |
Alta Equipment Group, Inc. (C) | 5.625 | 04-15-26 | 4,060,000 | 3,654,000 | |
Ashtead Capital, Inc. (C) | 2.450 | 08-12-31 | 14,429,000 | 11,615,934 | |
Ashtead Capital, Inc. (C) | 4.250 | 11-01-29 | 9,234,000 | 8,653,661 | |
Ashtead Capital, Inc. (C) | 4.375 | 08-15-27 | 15,640,000 | 15,250,095 |
30 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Trading companies and distributors (continued) | |||||
Beacon Roofing Supply, Inc. (C) | 4.125 | 05-15-29 | 13,448,000 | $11,849,612 | |
BlueLinx Holdings, Inc. (C) | 6.000 | 11-15-29 | 18,852,000 | 16,778,280 | |
Boise Cascade Company (C) | 4.875 | 07-01-30 | 3,222,000 | 2,988,344 | |
H&E Equipment Services, Inc. (C) | 3.875 | 12-15-28 | 18,683,000 | 16,299,049 | |
SMBC Aviation Capital Finance DAC (C) | 2.300 | 06-15-28 | 11,559,000 | 9,590,194 | |
United Rentals North America, Inc. | 3.875 | 11-15-27 | 13,783,000 | 13,228,372 | |
United Rentals North America, Inc. | 3.875 | 02-15-31 | 11,656,000 | 10,585,105 | |
United Rentals North America, Inc. | 4.875 | 01-15-28 | 26,983,000 | 26,915,543 | |
Transportation infrastructure 0.1% | |||||
Adani Ports & Special Economic Zone, Ltd. (C) | 3.100 | 02-02-31 | 18,907,000 | 15,119,928 | |
Information technology 4.4% | 969,015,926 | ||||
Communications equipment 0.3% | |||||
Motorola Solutions, Inc. | 2.300 | 11-15-30 | 34,643,000 | 28,148,689 | |
Motorola Solutions, Inc. | 2.750 | 05-24-31 | 31,747,000 | 26,409,298 | |
Motorola Solutions, Inc. | 4.600 | 05-23-29 | 10,368,000 | 10,171,437 | |
IT services 0.5% | |||||
Block, Inc. (C) | 2.750 | 06-01-26 | 5,930,000 | 5,469,387 | |
Block, Inc. (C) | 3.500 | 06-01-31 | 8,050,000 | 6,902,875 | |
CGI, Inc. (C) | 1.450 | 09-14-26 | 24,919,000 | 22,342,310 | |
Gartner, Inc. (C) | 3.625 | 06-15-29 | 7,938,000 | 7,243,425 | |
Gartner, Inc. (C) | 3.750 | 10-01-30 | 4,433,000 | 4,111,608 | |
Gartner, Inc. (C) | 4.500 | 07-01-28 | 25,252,000 | 24,556,307 | |
PayPal Holdings, Inc. | 2.850 | 10-01-29 | 13,632,000 | 12,568,096 | |
Sabre GLBL, Inc. (C) | 7.375 | 09-01-25 | 14,309,000 | 14,130,138 | |
VeriSign, Inc. | 2.700 | 06-15-31 | 16,408,000 | 13,700,045 | |
VeriSign, Inc. | 5.250 | 04-01-25 | 10,167,000 | 10,542,111 | |
Semiconductors and semiconductor equipment 2.1% | |||||
Broadcom, Inc. (C) | 3.419 | 04-15-33 | 36,373,000 | 31,314,517 | |
Broadcom, Inc. | 4.750 | 04-15-29 | 92,054,000 | 92,022,665 | |
Broadcom, Inc. (C) | 4.926 | 05-15-37 | 41,296,000 | 39,044,157 | |
KLA Corp. | 4.100 | 03-15-29 | 21,329,000 | 21,472,196 | |
Marvell Technology, Inc. | 2.450 | 04-15-28 | 32,228,000 | 28,749,095 | |
Micron Technology, Inc. | 4.185 | 02-15-27 | 70,958,000 | 70,987,557 | |
Micron Technology, Inc. | 4.975 | 02-06-26 | 11,668,000 | 12,039,561 | |
Micron Technology, Inc. | 5.327 | 02-06-29 | 60,170,000 | 62,091,888 | |
NXP BV | 3.250 | 05-11-41 | 10,981,000 | 8,633,847 | |
NXP BV | 3.875 | 06-18-26 | 36,894,000 | 36,412,105 | |
Qorvo, Inc. (C) | 1.750 | 12-15-24 | 19,524,000 | 18,563,029 | |
Qorvo, Inc. (C) | 3.375 | 04-01-31 | 16,254,000 | 13,606,223 | |
Renesas Electronics Corp. (C) | 1.543 | 11-26-24 | 21,821,000 | 20,584,097 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 31 |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
Software 0.6% | |||||
Autodesk, Inc. | 2.850 | 01-15-30 | 10,308,000 | $9,256,248 | |
Consensus Cloud Solutions, Inc. (C)(D) | 6.500 | 10-15-28 | 18,197,000 | 16,424,430 | |
Infor, Inc. (C) | 1.750 | 07-15-25 | 7,620,000 | 7,125,451 | |
Oracle Corp. | 2.950 | 04-01-30 | 56,025,000 | 48,881,391 | |
PTC, Inc. (C) | 4.000 | 02-15-28 | 4,935,000 | 4,708,369 | |
Workday, Inc. | 3.500 | 04-01-27 | 16,045,000 | 15,741,283 | |
Workday, Inc. | 3.800 | 04-01-32 | 18,176,000 | 17,091,809 | |
Ziff Davis, Inc. (C) | 4.625 | 10-15-30 | 13,864,000 | 12,110,343 | |
Technology hardware, storage and peripherals 0.9% | |||||
Atento Luxco 1 SA (C)(D) | 8.000 | 02-10-26 | 9,050,000 | 7,150,612 | |
CDW LLC | 3.250 | 02-15-29 | 8,552,000 | 7,547,140 | |
CDW LLC | 3.569 | 12-01-31 | 31,977,000 | 28,296,139 | |
Dell International LLC (C) | 3.450 | 12-15-51 | 31,127,000 | 22,562,402 | |
Dell International LLC | 4.900 | 10-01-26 | 41,660,000 | 42,514,277 | |
Dell International LLC | 5.300 | 10-01-29 | 20,296,000 | 20,614,654 | |
Dell International LLC | 5.850 | 07-15-25 | 12,962,000 | 13,622,668 | |
Dell International LLC | 8.350 | 07-15-46 | 6,123,000 | 8,068,650 | |
Western Digital Corp. | 4.750 | 02-15-26 | 27,865,000 | 27,861,378 | |
Xerox Holdings Corp. (C) | 5.500 | 08-15-28 | 19,366,000 | 17,622,019 | |
Materials 2.5% | 547,315,790 | ||||
Chemicals 1.0% | |||||
Braskem Idesa SAPI (C) | 6.990 | 02-20-32 | 13,611,000 | 12,018,649 | |
Braskem Netherlands Finance BV (C) | 5.875 | 01-31-50 | 24,630,000 | 22,226,338 | |
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 | 21,657,440 | |
CVR Partners LP (C) | 6.125 | 06-15-28 | 7,964,000 | 7,616,132 | |
Cydsa SAB de CV (C) | 6.250 | 10-04-27 | 15,362,000 | 14,113,991 | |
FS Luxembourg Sarl (C) | 10.000 | 12-15-25 | 23,241,000 | 24,513,677 | |
INEOS Quattro Finance 2 PLC (C) | 3.375 | 01-15-26 | 4,430,000 | 4,097,174 | |
LSB Industries, Inc. (C) | 6.250 | 10-15-28 | 10,210,000 | 10,091,154 | |
Methanex Corp. | 4.250 | 12-01-24 | 16,813,000 | 16,710,441 | |
Orbia Advance Corp. SAB de CV (C) | 5.500 | 01-15-48 | 6,645,000 | 5,844,278 | |
Sasol Financing USA LLC | 5.500 | 03-18-31 | 27,355,000 | 23,853,560 | |
Trinseo Materials Operating SCA (C) | 5.125 | 04-01-29 | 14,458,000 | 12,072,430 | |
Tronox, Inc. (C) | 4.625 | 03-15-29 | 16,051,000 | 14,726,793 | |
Valvoline, Inc. (C) | 3.625 | 06-15-31 | 21,112,000 | 18,755,320 | |
WR Grace Holdings LLC (C) | 4.875 | 06-15-27 | 9,967,000 | 9,316,853 | |
Construction materials 0.3% | |||||
Cemex SAB de CV (C) | 3.875 | 07-11-31 | 20,794,000 | 17,622,915 | |
Cemex SAB de CV (C) | 5.200 | 09-17-30 | 17,916,000 | 16,828,499 | |
Standard Industries, Inc. (C) | 3.375 | 01-15-31 | 8,626,000 | 7,239,888 |
32 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Construction materials (continued) | |||||
Standard Industries, Inc. (C) | 4.375 | 07-15-30 | 10,985,000 | $9,896,441 | |
Standard Industries, Inc. (C) | 5.000 | 02-15-27 | 4,561,000 | 4,418,469 | |
Vulcan Materials Company | 3.500 | 06-01-30 | 15,799,000 | 14,814,803 | |
Containers and packaging 0.2% | |||||
Clydesdale Acquisition Holdings, Inc. (C) | 6.625 | 04-15-29 | 1,764,000 | 1,741,950 | |
Graham Packaging Company, Inc. (C) | 7.125 | 08-15-28 | 1,394,000 | 1,143,301 | |
Mauser Packaging Solutions Holding Company (C) | 8.500 | 04-15-24 | 2,721,000 | 2,707,395 | |
Owens-Brockway Glass Container, Inc. (C)(D) | 6.625 | 05-13-27 | 9,013,000 | 8,886,908 | |
Pactiv Evergreen Group Issuer LLC (C) | 4.000 | 10-15-27 | 24,222,000 | 21,920,910 | |
Pactiv Evergreen Group Issuer LLC (C) | 4.375 | 10-15-28 | 11,571,000 | 10,420,958 | |
Trident TPI Holdings, Inc. (C) | 6.625 | 11-01-25 | 5,167,000 | 4,831,145 | |
Metals and mining 1.0% | |||||
Anglo American Capital PLC (C) | 3.875 | 03-16-29 | 5,949,000 | 5,657,153 | |
Anglo American Capital PLC (C) | 4.750 | 04-10-27 | 16,430,000 | 16,698,714 | |
Arconic Corp. (C) | 6.125 | 02-15-28 | 10,635,000 | 10,427,081 | |
First Quantum Minerals, Ltd. (C) | 6.500 | 03-01-24 | 8,050,000 | 8,030,347 | |
First Quantum Minerals, Ltd. (C) | 6.875 | 03-01-26 | 9,625,000 | 9,656,281 | |
First Quantum Minerals, Ltd. (C) | 6.875 | 10-15-27 | 15,223,000 | 15,191,112 | |
First Quantum Minerals, Ltd. (C) | 7.250 | 04-01-23 | 1,640,000 | 1,640,593 | |
First Quantum Minerals, Ltd. (C) | 7.500 | 04-01-25 | 11,526,000 | 11,616,104 | |
Freeport-McMoRan, Inc. | 4.250 | 03-01-30 | 25,953,000 | 24,508,554 | |
Freeport-McMoRan, Inc. | 4.625 | 08-01-30 | 18,992,000 | 18,371,341 | |
Freeport-McMoRan, Inc. | 5.450 | 03-15-43 | 30,200,000 | 29,705,626 | |
Hudbay Minerals, Inc. (C) | 4.500 | 04-01-26 | 4,708,000 | 4,183,717 | |
JW Aluminum Continuous Cast Company (C)(D) | 10.250 | 06-01-26 | 7,771,000 | 7,984,703 | |
Newmont Corp. | 2.800 | 10-01-29 | 12,732,000 | 11,584,993 | |
Novelis Corp. (C) | 4.750 | 01-30-30 | 28,979,000 | 27,493,826 | |
Volcan Cia Minera SAA (C)(D) | 4.375 | 02-11-26 | 4,899,000 | 4,477,833 | |
Real estate 2.2% | 471,691,381 | ||||
Equity real estate investment trusts 2.2% | |||||
American Homes 4 Rent LP | 4.250 | 02-15-28 | 13,319,000 | 13,053,799 | |
American Tower Corp. | 3.550 | 07-15-27 | 22,518,000 | 21,612,216 | |
American Tower Corp. | 3.800 | 08-15-29 | 35,250,000 | 33,228,380 | |
Crown Castle International Corp. | 3.300 | 07-01-30 | 6,779,000 | 6,178,999 | |
Crown Castle International Corp. | 3.650 | 09-01-27 | 32,455,000 | 31,458,781 | |
Crown Castle International Corp. | 3.800 | 02-15-28 | 13,032,000 | 12,674,212 | |
Equinix, Inc. | 1.550 | 03-15-28 | 26,484,000 | 22,752,579 | |
Equinix, Inc. | 1.800 | 07-15-27 | 13,448,000 | 11,906,635 | |
Equinix, Inc. | 2.500 | 05-15-31 | 42,902,000 | 36,308,392 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 33 |
Rate (%) | Maturity date | Par value^ | Value | ||
Real estate (continued) | |||||
Equity real estate investment trusts (continued) | |||||
Equinix, Inc. | 3.200 | 11-18-29 | 14,451,000 | $13,233,234 | |
GLP Capital LP | 3.250 | 01-15-32 | 10,853,000 | 9,102,798 | |
GLP Capital LP | 4.000 | 01-15-30 | 10,777,000 | 9,838,941 | |
GLP Capital LP | 5.375 | 04-15-26 | 21,870,000 | 21,934,950 | |
Host Hotels & Resorts LP | 3.375 | 12-15-29 | 30,722,000 | 27,609,800 | |
Host Hotels & Resorts LP | 3.500 | 09-15-30 | 20,904,000 | 18,647,975 | |
Host Hotels & Resorts LP | 4.500 | 02-01-26 | 12,386,000 | 12,380,425 | |
Iron Mountain Information Management Services, Inc. (C) | 5.000 | 07-15-32 | 15,979,000 | 14,666,165 | |
Iron Mountain, Inc. (C) | 4.875 | 09-15-29 | 12,154,000 | 11,493,552 | |
Iron Mountain, Inc. (C) | 5.250 | 07-15-30 | 11,787,000 | 11,256,585 | |
RHP Hotel Properties LP (C) | 4.500 | 02-15-29 | 25,252,000 | 23,559,611 | |
RLJ Lodging Trust LP (C) | 3.750 | 07-01-26 | 10,087,000 | 9,703,190 | |
SBA Tower Trust (C) | 2.836 | 01-15-25 | 22,542,000 | 21,988,695 | |
Uniti Group LP (C) | 6.500 | 02-15-29 | 9,465,000 | 7,903,275 | |
Ventas Realty LP | 3.500 | 02-01-25 | 16,994,000 | 16,853,970 | |
VICI Properties LP (C) | 3.875 | 02-15-29 | 13,041,000 | 11,706,580 | |
VICI Properties LP (C) | 4.125 | 08-15-30 | 12,630,000 | 11,584,615 | |
VICI Properties LP (C) | 4.625 | 12-01-29 | 17,579,000 | 16,524,260 | |
VICI Properties LP | 5.125 | 05-15-32 | 5,669,000 | 5,621,267 | |
XHR LP (C) | 4.875 | 06-01-29 | 7,368,000 | 6,907,500 | |
Utilities 1.6% | 355,989,520 | ||||
Electric utilities 1.1% | |||||
ABY Transmision Sur SA (C) | 6.875 | 04-30-43 | 12,619,045 | 14,890,473 | |
Emera US Finance LP | 3.550 | 06-15-26 | 13,412,000 | 13,107,689 | |
FirstEnergy Corp. | 2.650 | 03-01-30 | 15,065,000 | 13,164,927 | |
Instituto Costarricense de Electricidad (C) | 6.375 | 05-15-43 | 7,220,000 | 5,836,162 | |
NextEra Energy Capital Holdings, Inc. | 3.550 | 05-01-27 | 45,811,000 | 45,334,781 | |
NRG Energy, Inc. (C) | 2.450 | 12-02-27 | 22,398,000 | 19,754,941 | |
NRG Energy, Inc. (C) | 3.375 | 02-15-29 | 5,134,000 | 4,568,926 | |
NRG Energy, Inc. (C) | 3.625 | 02-15-31 | 12,916,000 | 11,366,080 | |
NRG Energy, Inc. (C) | 3.875 | 02-15-32 | 25,570,000 | 22,501,600 | |
NRG Energy, Inc. (C) | 4.450 | 06-15-29 | 16,820,000 | 15,950,234 | |
Vistra Operations Company LLC (C) | 3.700 | 01-30-27 | 44,151,000 | 41,578,596 | |
Vistra Operations Company LLC (C) | 4.300 | 07-15-29 | 32,027,000 | 29,954,045 | |
Gas utilities 0.1% | |||||
AmeriGas Partners LP | 5.500 | 05-20-25 | 20,313,000 | 20,109,870 | |
Suburban Propane Partners LP (C) | 5.000 | 06-01-31 | 11,383,000 | 10,487,521 | |
Independent power and renewable electricity producers 0.3% | |||||
AES Panama Generation Holdings SRL (C) | 4.375 | 05-31-30 | 16,304,000 | 14,918,160 | |
DPL, Inc. | 4.125 | 07-01-25 | 16,984,000 | 16,304,640 | |
LLPL Capital Pte, Ltd. (C) | 6.875 | 02-04-39 | 3,171,245 | 3,101,477 |
34 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities (continued) | |||||
Independent power and renewable electricity producers (continued) | |||||
NextEra Energy Operating Partners LP (C) | 3.875 | 10-15-26 | 17,343,000 | $16,673,381 | |
NextEra Energy Operating Partners LP (C) | 4.500 | 09-15-27 | 6,602,000 | 6,405,458 | |
Multi-utilities 0.1% | |||||
Dominion Energy, Inc. | 3.375 | 04-01-30 | 16,637,000 | 15,571,959 | |
NiSource, Inc. | 3.600 | 05-01-30 | 15,381,000 | 14,408,600 | |
Municipal bonds 0.3% | $64,025,568 | ||||
(Cost $73,523,915) | |||||
Golden State Tobacco Securitization Corp. (California) | 4.214 | 06-01-50 | 16,097,000 | 12,947,063 | |
New Jersey Transportation Trust Fund Authority | 4.081 | 06-15-39 | 21,809,000 | 19,280,927 | |
New Jersey Transportation Trust Fund Authority | 4.131 | 06-15-42 | 1,745,000 | 1,509,861 | |
State Board of Administration Finance Corp. (Florida) | 1.705 | 07-01-27 | 33,474,000 | 30,287,717 | |
Term loans (F) 0.6% | $123,500,096 | ||||
(Cost $131,772,855) | |||||
Communication services 0.0% | 6,184,583 | ||||
Media 0.0% | |||||
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) | 6.560 | 09-01-27 | 6,493,000 | 6,184,583 | |
Consumer discretionary 0.3% | 52,990,569 | ||||
Hotels, restaurants and leisure 0.2% | |||||
Carnival Corp., 2021 Incremental Term Loan B (3 month LIBOR + 3.250%) | 4.000 | 10-18-28 | 27,831,680 | 26,428,407 | |
Fertitta Entertainment LLC, 2022 Term Loan B (1 month CME Term SOFR + 4.000%) | 5.034 | 01-27-29 | 7,609,000 | 7,270,932 | |
Household durables 0.1% | |||||
Hunter Douglas, Inc., USD Term Loan B1 (3 month SOFR + 3.500%) | 4.842 | 02-26-29 | 21,395,000 | 19,291,230 | |
Health care 0.0% | 4,343,001 | ||||
Health care providers and services 0.0% | |||||
TTF Holdings LLC, Term Loan (1 month LIBOR + 4.250%) | 5.313 | 03-31-28 | 4,477,320 | 4,343,001 | |
Industrials 0.1% | 29,994,862 | ||||
Professional services 0.1% | |||||
CoreLogic, Inc., Term Loan (1 month LIBOR + 3.500%) | 4.563 | 06-02-28 | 32,781,270 | 29,994,862 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 35 |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology 0.1% | $15,112,623 | ||||
Software 0.1% | |||||
Quest Software, Inc., 2022 Term Loan (3 month SOFR + 4.250%) | 4.750 | 02-01-29 | 16,397,000 | 15,112,623 | |
Materials 0.1% | 14,874,458 | ||||
Containers and packaging 0.1% | |||||
Clydesdale Acquisition Holdings, Inc., Term Loan B (1 month SOFR + 4.250%) | 5.384 | 04-13-29 | 4,156,000 | 3,948,200 | |
Mauser Packaging Solutions Holding Company, 2017 Term Loan B (1 month LIBOR + 3.250%) | 4.050 | 04-03-24 | 11,381,519 | 10,926,258 | |
Collateralized mortgage obligations 8.1% | $1,759,273,235 | ||||
(Cost $2,030,428,578) | |||||
Commercial and residential 6.1% | 1,332,637,172 | ||||
Angel Oak Mortgage Trust LLC | |||||
Series 2020-R1, Class A1 (C)(G) | 0.990 | 04-25-53 | 11,729,203 | 11,382,985 | |
Series 2021-2, Class A1 (C)(G) | 0.985 | 04-25-66 | 9,330,239 | 8,590,226 | |
Series 2021-4, Class A1 (C)(G) | 1.035 | 01-20-65 | 19,631,758 | 17,741,449 | |
Series 2021-5, Class A1 (C)(G) | 0.951 | 07-25-66 | 25,978,995 | 23,901,603 | |
Arroyo Mortgage Trust | |||||
Series 2021-1R, Class A1 (C)(G) | 1.175 | 10-25-48 | 15,923,763 | 14,855,734 | |
BAMLL Commercial Mortgage Securities Trust | |||||
Series 2019-BPR, Class ENM (C)(G) | 3.719 | 11-05-32 | 11,565,000 | 9,923,066 | |
BBCMS Mortgage Trust | |||||
Series 2019-C5, Class A2 | 3.043 | 11-15-52 | 15,513,000 | 15,290,896 | |
Series 2020-C6, Class A2 | 2.690 | 02-15-53 | 10,908,000 | 10,632,335 | |
BBCMS Trust | |||||
Series 2015-MSQ, Class D (C)(G) | 3.990 | 09-15-32 | 7,340,000 | 7,312,297 | |
Series 2015-SRCH, Class D (C)(G) | 4.957 | 08-10-35 | 15,436,000 | 14,028,262 | |
Bear Stearns Commercial Mortgage Securities Trust | |||||
Series 2005-PWR8, Class X1 IO (C) | 0.716 | 06-11-41 | 10,880 | 12 | |
Benchmark Mortgage Trust | |||||
Series 2019-B12, Class A2 | 3.001 | 08-15-52 | 21,594,737 | 21,190,773 | |
Series 2019-B13, Class A2 | 2.889 | 08-15-57 | 20,055,000 | 19,531,023 | |
BOCA Commercial Mortgage Trust | |||||
Series 2022-BOCA, Class A (1 month CME Term SOFR + 1.770%) (B)(C) | 2.270 | 05-15-39 | 19,350,000 | 19,056,768 | |
Series 2022-BOCA, Class B (1 month CME Term SOFR + 2.319%) (B)(C) | 2.819 | 05-15-39 | 7,240,000 | 7,131,632 | |
BPR Trust | |||||
Series 2022-OANA, Class A (1 month CME Term SOFR + 1.898%) (B)(C) | 2.680 | 04-15-37 | 55,353,000 | 53,889,904 | |
BRAVO Residential Funding Trust | |||||
Series 2021-NQM1, Class A1 (C)(G) | 0.941 | 02-25-49 | 12,511,575 | 11,807,738 | |
BWAY Mortgage Trust | |||||
Series 2015-1740, Class XA IO (C) | 0.179 | 01-10-35 | 123,773,000 | 2,785 | |
BX Commercial Mortgage Trust | |||||
Series 2020-VKNG, Class A (1 month LIBOR + 0.930%) (B)(C) | 1.805 | 10-15-37 | 21,024,229 | 20,474,177 |
36 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Series 2021-ACNT, Class A (1 month LIBOR + 0.850%) (B)(C) | 1.725 | 11-15-38 | 17,129,000 | $16,524,295 | |
Series 2021-VOLT, Class C (1 month LIBOR + 1.100%) (B)(C) | 1.975 | 09-15-36 | 23,449,000 | 21,944,057 | |
Series 2022-AHP, Class A (1 month CME Term SOFR + 0.990%) (B)(C) | 1.772 | 01-17-39 | 41,470,000 | 40,283,091 | |
CAMB Commercial Mortgage Trust | |||||
Series 2019-LIFE, Class D (1 month LIBOR + 1.750%) (B)(C) | 2.625 | 12-15-37 | 6,315,000 | 6,132,841 | |
Series 2019-LIFE, Class F (1 month LIBOR + 2.550%) (B)(C) | 3.425 | 12-15-37 | 12,809,000 | 12,327,979 | |
Citigroup Commercial Mortgage Trust | |||||
Series 2019-PRM, Class A (C) | 3.341 | 05-10-36 | 20,197,000 | 20,161,124 | |
Series 2019-SMRT, Class A (C) | 4.149 | 01-10-36 | 10,996,000 | 11,025,779 | |
COLT Mortgage Loan Trust | |||||
Series 2021-2, Class A1 (C)(G) | 0.924 | 08-25-66 | 20,130,626 | 17,846,243 | |
Series 2021-3, Class A1 (C)(G) | 0.956 | 09-27-66 | 27,120,082 | 23,989,028 | |
Series 2021-HX1, Class A1 (C)(G) | 1.110 | 10-25-66 | 23,636,504 | 21,794,932 | |
COLT Trust | |||||
Series 2020-RPL1, Class A1 (C)(G) | 1.390 | 01-25-65 | 32,756,674 | 30,022,081 | |
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | |||||
Series 2012-CR2, Class XA IO | 1.435 | 08-15-45 | 20,054,811 | 201 | |
Series 2012-CR3, Class XA IO | 1.827 | 10-15-45 | 62,725,258 | 45,263 | |
Series 2014-CR15, Class XA IO | 0.632 | 02-10-47 | 50,210,065 | 479,958 | |
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG) | |||||
Series 2018-COR3, Class XA IO | 0.437 | 05-10-51 | 223,330,543 | 4,970,154 | |
Commercial Mortgage Trust (Deutsche Bank AG) | |||||
Series 2013-300P, Class D (C)(G) | 4.394 | 08-10-30 | 18,413,000 | 17,924,472 | |
Series 2017-PANW, Class A (C) | 3.244 | 10-10-29 | 7,264,000 | 7,070,489 | |
Series 2020-CBM, Class A2 (C) | 2.896 | 02-10-37 | 14,666,000 | 13,942,438 | |
Credit Suisse Mortgage Capital Certificates | |||||
Series 2019-ICE4, Class D (1 month LIBOR + 1.600%) (B)(C) | 2.475 | 05-15-36 | 23,820,000 | 23,282,221 | |
Series 2020-NET, Class A (C) | 2.257 | 08-15-37 | 7,049,561 | 6,563,937 | |
Series 2021-NQM2, Class A1 (C)(G) | 1.179 | 02-25-66 | 15,739,053 | 15,029,094 | |
Series 2021-NQM3, Class A1 (C)(G) | 1.015 | 04-25-66 | 13,127,600 | 12,051,366 | |
Series 2021-NQM5, Class A1 (C)(G) | 0.938 | 05-25-66 | 13,693,354 | 11,986,872 | |
Series 2021-NQM6, Class A1 (C)(G) | 1.174 | 07-25-66 | 23,118,162 | 21,114,578 | |
Ellington Financial Mortgage Trust | |||||
Series 2021-1, Class A1 (C)(G) | 0.797 | 02-25-66 | 6,656,840 | 6,098,631 | |
Series 2021-2, Class A1 (C)(G) | 0.931 | 06-25-66 | 15,604,141 | 14,227,247 | |
Flagstar Mortgage Trust | |||||
Series 2021-1, Class A2 (C)(G) | 2.500 | 02-01-51 | 28,570,617 | 25,042,803 | |
GCAT Trust | |||||
Series 2021-NQM1, Class A1 (C)(G) | 0.874 | 01-25-66 | 11,726,757 | 10,886,821 | |
Series 2021-NQM2, Class A1 (C)(G) | 1.036 | 05-25-66 | 11,422,189 | 10,493,073 | |
Series 2021-NQM3, Class A1 (C)(G) | 1.091 | 05-25-66 | 18,825,122 | 17,333,628 | |
GS Mortgage Securities Trust | |||||
Series 2011-GC5, Class XA IO (C) | 0.000 | 08-10-44 | 3,771,299 | 38 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 37 |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Series 2015-590M, Class C (C)(G) | 3.805 | 10-10-35 | 6,950,000 | $6,619,591 | |
Series 2017-485L, Class C (C)(G) | 3.982 | 02-10-37 | 6,670,000 | 6,188,786 | |
Series 2019-GC40, Class A2 | 2.971 | 07-10-52 | 22,410,000 | 22,050,474 | |
Series 2020-UPTN, Class A (C) | 2.751 | 02-10-37 | 13,326,000 | 12,716,857 | |
GS Mortgage-Backed Securities Trust | |||||
Series 2020-NQM1, Class A1 (C)(G) | 1.382 | 09-27-60 | 4,116,865 | 4,008,594 | |
Series 2021-NQM1, Class A1 (C)(G) | 1.017 | 07-25-61 | 8,204,651 | 7,797,472 | |
HarborView Mortgage Loan Trust | |||||
Series 2007-3, Class ES IO (C) | 0.350 | 05-19-47 | 18,689,901 | 194,341 | |
Series 2007-4, Class ES IO | 0.350 | 07-19-47 | 19,862,844 | 261,284 | |
Series 2007-6, Class ES IO (C) | 0.343 | 08-19-37 | 20,142,348 | 251,231 | |
Imperial Fund Mortgage Trust | |||||
Series 2021-NQM1, Class A1 (C)(G) | 1.071 | 06-25-56 | 11,595,165 | 10,726,107 | |
IMT Trust | |||||
Series 2017-APTS, Class AFX (C) | 3.478 | 06-15-34 | 7,744,000 | 7,628,806 | |
Series 2017-APTS, Class CFX (C)(G) | 3.497 | 06-15-34 | 6,867,000 | 6,643,581 | |
Irvine Core Office Trust | |||||
Series 2013-IRV, Class A2 (C)(G) | 3.173 | 05-15-48 | 20,104,000 | 20,017,505 | |
Series 2013-IRV, Class XA IO (C) | 1.105 | 05-15-48 | 3,388,309 | 16,584 | |
JPMorgan Chase Commercial Mortgage Securities Trust | |||||
Series 2012-HSBC, Class XA IO (C) | 1.431 | 07-05-32 | 77,533,693 | 775 | |
Series 2020-NNN, Class AFX (C) | 2.812 | 01-16-37 | 15,435,000 | 14,656,167 | |
KNDL Mortgage Trust | |||||
Series 2019-KNSQ, Class D (1 month LIBOR + 1.350%) (B)(C) | 2.225 | 05-15-36 | 11,580,000 | 11,202,292 | |
Life Mortgage Trust | |||||
Series 2021-BMR, Class A (1 month LIBOR + 0.700%) (B)(C) | 1.575 | 03-15-38 | 23,224,636 | 22,236,028 | |
Series 2021-BMR, Class D (1 month LIBOR + 1.400%) (B)(C) | 2.275 | 03-15-38 | 19,160,054 | 17,972,284 | |
Series 2022-BMR2, Class A1 (1 month CME Term SOFR + 1.295%) (B)(C) | 2.095 | 05-15-39 | 54,728,000 | 53,632,679 | |
MFA Trust | |||||
Series 2021-NQM1, Class A1 (C)(G) | 1.153 | 04-25-65 | 10,302,085 | 9,832,161 | |
Morgan Stanley Capital I Trust | |||||
Series 2017-CLS, Class D (1 month LIBOR + 1.400%) (B)(C) | 2.275 | 11-15-34 | 15,867,000 | 15,697,959 | |
Natixis Commercial Mortgage Securities Trust | |||||
Series 2018-285M, Class D (C)(G) | 3.790 | 11-15-32 | 9,223,000 | 9,133,162 | |
Series 2018-ALXA, Class C (C)(G) | 4.316 | 01-15-43 | 7,402,000 | 6,903,664 | |
NYMT Loan Trust | |||||
Series 2022-CP1, Class A1 (C) | 2.042 | 07-25-61 | 12,376,171 | 11,765,925 | |
OBX Trust | |||||
Series 2020-EXP2, Class A3 (C)(G) | 2.500 | 05-25-60 | 6,761,241 | 6,379,234 | |
Series 2021-NQM2, Class A1 (C)(G) | 1.101 | 05-25-61 | 20,599,570 | 18,491,748 | |
Series 2021-NQM3, Class A1 (C)(G) | 1.054 | 07-25-61 | 24,679,025 | 22,279,547 | |
One Market Plaza Trust | |||||
Series 2017-1MKT, Class D (C) | 4.146 | 02-10-32 | 5,035,000 | 4,801,600 | |
Provident Funding Mortgage Trust |
38 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Series 2020-F1, Class A2 (C)(G) | 2.000 | 01-25-36 | 25,343,651 | $23,165,673 | |
SLG Office Trust | |||||
Series 2021-OVA, Class D (C) | 2.851 | 07-15-41 | 22,906,000 | 18,529,953 | |
SMRT | |||||
Series 2022-MINI, Class A (1 month CME Term SOFR + 1.000%) (B)(C) | 1.782 | 01-15-39 | 55,385,000 | 53,444,875 | |
Starwood Mortgage Residential Trust | |||||
Series 2022-1, Class A1 (C)(G) | 2.447 | 12-25-66 | 25,872,772 | 24,321,427 | |
Towd Point Mortgage Trust | |||||
Series 2015-1, Class A5 (C)(G) | 3.183 | 10-25-53 | 7,568,000 | 7,463,159 | |
Series 2015-2, Class 1M2 (C)(G) | 3.303 | 11-25-60 | 10,930,000 | 10,880,517 | |
Series 2017-2, Class A1 (C)(G) | 2.750 | 04-25-57 | 616,603 | 614,542 | |
Series 2018-1, Class A1 (C)(G) | 3.000 | 01-25-58 | 2,759,991 | 2,731,224 | |
Series 2018-4, Class A1 (C)(G) | 3.000 | 06-25-58 | 14,321,169 | 13,855,936 | |
Series 2018-5, Class A1A (C)(G) | 3.250 | 07-25-58 | 1,716,853 | 1,697,238 | |
Series 2018-6, Class A1A (C)(G) | 3.750 | 03-25-58 | 11,821,196 | 11,808,801 | |
Series 2019-1, Class A1 (C)(G) | 3.659 | 03-25-58 | 12,432,972 | 12,270,295 | |
Series 2019-4, Class A1 (C)(G) | 2.900 | 10-25-59 | 13,324,769 | 12,885,998 | |
Series 2020-4, Class A1 (C) | 1.750 | 10-25-60 | 19,672,591 | 18,266,276 | |
Verus Securitization Trust | |||||
Series 2020-5, Class A1 (C) | 1.218 | 05-25-65 | 5,731,198 | 5,476,251 | |
Series 2021-3, Class A1 (C)(G) | 1.046 | 06-25-66 | 19,402,184 | 17,988,466 | |
Series 2021-4, Class A1 (C)(G) | 0.938 | 07-25-66 | 10,963,319 | 9,679,435 | |
Series 2021-5, Class A1 (C)(G) | 1.013 | 09-25-66 | 23,009,378 | 20,567,625 | |
Series 2021-R1, Class A1 (C)(G) | 0.820 | 10-25-63 | 9,657,019 | 9,443,745 | |
WF-RBS Commercial Mortgage Trust | |||||
Series 2012-C10, Class XA IO (C) | 1.468 | 12-15-45 | 7,338,534 | 26,692 | |
Series 2012-C9, Class XA IO (C) | 1.837 | 11-15-45 | 37,702,199 | 30,750 | |
Series 2013-C16, Class XA IO | 0.585 | 09-15-46 | 7,871,596 | 43,457 | |
U.S. Government Agency 2.0% | 426,636,063 | ||||
Federal Home Loan Mortgage Corp. | |||||
Series 2022-DNA1, Class M1A (1 month SOFR + 1.000%) (B)(C) | 1.584 | 01-25-42 | 29,414,000 | 28,747,591 | |
Series 2022-DNA2, Class M1A (1 month SOFR + 1.300%) (B)(C) | 1.884 | 02-25-42 | 20,827,340 | 20,487,605 | |
Series 2022-DNA2, Class M1B (1 month SOFR + 2.400%) (B)(C) | 2.984 | 02-25-42 | 24,949,000 | 23,636,725 | |
Series 2022-DNA3, Class M1A (1 month SOFR + 2.000%) (B)(C) | 2.584 | 04-25-42 | 26,846,046 | 26,754,407 | |
Series 2022-DNA3, Class M1B (1 month SOFR + 2.900%) (B)(C) | 3.484 | 04-25-42 | 15,070,000 | 14,579,392 | |
Series 2022-DNA4, Class M1A (1 month SOFR + 2.200%) (B)(C) | 2.551 | 05-25-42 | 20,944,000 | 20,878,665 | |
Series 2022-DNA4, Class M1B (1 month SOFR + 3.350%) (B)(C) | 3.701 | 05-25-42 | 22,588,000 | 22,375,881 | |
Series K022, Class X1 IO | 1.136 | 07-25-22 | 165,933,655 | 92,259 | |
Series K024, Class X1 IO | 0.758 | 09-25-22 | 8,530,213 | 9,364 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 39 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Series K026, Class X1 IO | 0.916 | 11-25-22 | 14,029,400 | $33,485 | |
Series K038, Class X1 IO | 1.090 | 03-25-24 | 170,653,495 | 2,825,237 | |
Series KS01, Class X1 IO | 1.117 | 01-25-23 | 13,788,857 | 36,975 | |
Series KS03, Class X IO | 0.192 | 08-25-25 | 33,202,839 | 108,500 | |
Series T-41, Class 3A (G) | 4.505 | 07-25-32 | 862 | 874 | |
Federal National Mortgage Association | |||||
Series 2001-50, Class BA | 7.000 | 10-25-41 | 105 | 112 | |
Series 2022-R03, Class 1M1 (1 month SOFR + 2.100%) (B)(C) | 2.684 | 03-25-42 | 25,836,611 | 25,772,490 | |
Series 2022-R04, Class 1M1 (1 month SOFR + 2.000%) (B)(C) | 2.584 | 03-25-42 | 11,084,587 | 10,994,310 | |
Government National Mortgage Association | |||||
Series 2008-90, Class IO | 2.009 | 12-16-50 | 2,059,051 | 281,674 | |
Series 2012-114, Class IO | 0.659 | 01-16-53 | 10,553,229 | 193,549 | |
Series 2012-120, Class IO | 0.644 | 02-16-53 | 4,539,912 | 83,386 | |
Series 2012-70, Class IO | 0.094 | 08-16-52 | 473,920 | 393 | |
Series 2013-63, Class IO | 0.785 | 09-16-51 | 7,530,252 | 192,866 | |
Series 2016-174, Class IO | 0.848 | 11-16-56 | 36,124,017 | 1,665,494 | |
Series 2017-109, Class IO | 0.289 | 04-16-57 | 54,008,945 | 1,306,277 | |
Series 2017-124, Class IO | 0.608 | 01-16-59 | 43,178,727 | 1,515,189 | |
Series 2017-135, Class IO | 0.722 | 10-16-58 | 52,442,939 | 2,321,785 | |
Series 2017-140, Class IO | 0.489 | 02-16-59 | 23,546,930 | 879,299 | |
Series 2017-159, Class IO | 0.439 | 06-16-59 | 35,748,596 | 1,405,717 | |
Series 2017-169, Class IO | 0.589 | 01-16-60 | 87,670,836 | 3,524,420 | |
Series 2017-20, Class IO | 0.611 | 12-16-58 | 113,122,141 | 3,762,454 | |
Series 2017-22, Class IO | 0.774 | 12-16-57 | 11,870,943 | 521,068 | |
Series 2017-41, Class IO | 0.626 | 07-16-58 | 48,381,683 | 1,697,065 | |
Series 2017-46, Class IO | 0.645 | 11-16-57 | 61,572,907 | 2,494,165 | |
Series 2017-61, Class IO | 0.769 | 05-16-59 | 22,954,227 | 1,013,124 | |
Series 2017-74, Class IO | 0.488 | 09-16-58 | 51,928,678 | 1,496,050 | |
Series 2017-89, Class IO | 0.558 | 07-16-59 | 47,187,948 | 1,870,308 | |
Series 2018-114, Class IO | 0.710 | 04-16-60 | 38,741,894 | 1,807,154 | |
Series 2018-158, Class IO | 0.756 | 05-16-61 | 81,438,221 | 4,675,637 | |
Series 2018-35, Class IO | 0.527 | 03-16-60 | 76,542,276 | 3,269,350 | |
Series 2018-43, Class IO | 0.497 | 05-16-60 | 118,217,239 | 4,704,963 | |
Series 2018-68, Class IO | 0.423 | 01-16-60 | 13,383,117 | 574,714 | |
Series 2018-69, Class IO | 0.601 | 04-16-60 | 34,487,184 | 1,823,003 | |
Series 2018-81, Class IO | 0.474 | 01-16-60 | 22,025,891 | 1,092,191 | |
Series 2018-9, Class IO | 0.460 | 01-16-60 | 62,374,301 | 2,455,495 | |
Series 2018-99, Class IO | 0.471 | 06-16-60 | 51,007,556 | 2,193,509 | |
Series 2019-131, Class IO | 0.802 | 07-16-61 | 65,068,973 | 3,987,166 | |
Series 2020-100, Class IO | 0.794 | 05-16-62 | 78,012,943 | 5,264,368 | |
Series 2020-108, Class IO | 0.842 | 06-16-62 | 192,864,767 | 12,752,566 | |
Series 2020-114, Class IO | 0.798 | 09-16-62 | 188,810,723 | 12,830,614 | |
Series 2020-118, Class IO | 0.900 | 06-16-62 | 159,822,182 | 11,241,477 |
40 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Series 2020-119, Class IO | 0.633 | 08-16-62 | 77,796,530 | $4,469,255 | |
Series 2020-120, Class IO | 0.769 | 05-16-62 | 43,637,760 | 2,919,458 | |
Series 2020-137, Class IO | 0.793 | 09-16-62 | 261,442,992 | 16,872,119 | |
Series 2020-150, Class IO | 0.952 | 12-16-62 | 131,198,051 | 10,064,465 | |
Series 2020-170, Class IO | 0.821 | 11-16-62 | 171,108,464 | 12,088,026 | |
Series 2020-92, Class IO | 0.876 | 02-16-62 | 31,854,062 | 2,272,982 | |
Series 2021-110, Class IO | 0.872 | 01-16-63 | 92,916,456 | 6,624,730 | |
Series 2021-110, Class IO | 0.879 | 11-16-63 | 101,626,518 | 7,787,792 | |
Series 2021-163, Class IO | 0.796 | 03-16-64 | 122,953,744 | 8,802,504 | |
Series 2021-3, Class IO | 0.866 | 09-16-62 | 218,551,099 | 15,736,553 | |
Series 2021-40, Class IO | 0.822 | 02-16-63 | 60,336,040 | 4,293,175 | |
Series 2022-17, Class IO | 0.802 | 06-16-64 | 142,775,515 | 10,589,888 | |
Series 2022-21, Class IO | 0.785 | 10-16-63 | 63,245,447 | 4,630,092 | |
Series 2022-53, Class IO | 0.713 | 06-16-64 | 237,628,688 | 15,413,120 | |
Series 2022-57, Class IO | 0.756 | 09-16-63 | 172,565,152 | 11,841,542 | |
Asset backed securities 8.9% | $1,955,478,441 | ||||
(Cost $2,105,352,893) | |||||
Asset backed securities 8.9% | 1,955,478,441 | ||||
Aligned Data Centers Issuer LLC | |||||
Series 2021-1A, Class A2 (C) | 1.937 | 08-15-46 | 47,964,000 | 43,312,499 | |
Amresco Residential Securities Corp. Mortgage Loan Trust | |||||
Series 1998-1, Class A6 (G) | 6.510 | 08-25-27 | 1 | 1 | |
AMSR Trust | |||||
Series 2020-SFR4, Class A (C) | 1.355 | 11-17-37 | 33,892,000 | 31,327,867 | |
Series 2021-SFR4, Class A (C) | 2.117 | 12-17-38 | 14,074,000 | 12,843,165 | |
Applebee’s Funding LLC | |||||
Series 2019-1A, Class A2I (C) | 4.194 | 06-05-49 | 31,476,060 | 30,897,089 | |
Aqua Finance Trust | |||||
Series 2021-A, Class A (C) | 1.540 | 07-17-46 | 13,300,797 | 12,512,843 | |
Arby’s Funding LLC | |||||
Series 2020-1A, Class A2 (C) | 3.237 | 07-30-50 | 34,179,210 | 31,375,592 | |
Avis Budget Rental Car Funding AESOP LLC | |||||
Series 2019-3A, Class A (C) | 2.360 | 03-20-26 | 30,746,000 | 29,466,991 | |
Series 2020-1A, Class A (C) | 2.330 | 08-20-26 | 23,406,000 | 22,416,811 | |
BMW Vehicle Lease Trust | |||||
Series 2022-1, Class A3 | 1.100 | 03-25-25 | 11,956,000 | 11,626,845 | |
Bojangles Issuer LLC | |||||
Series 2020-1A, Class A2 (C) | 3.832 | 10-20-50 | 8,023,890 | 7,672,026 | |
BRE Grand Islander Timeshare Issuer LLC | |||||
Series 2019-A, Class A (C) | 3.280 | 09-26-33 | 9,665,914 | 9,383,162 | |
Carlyle U.S. CLO, Ltd. | |||||
Series 2019-2A, Class A1R (3 month LIBOR + 1.120%) (B)(C) | 2.164 | 07-15-32 | 15,033,000 | 14,675,741 | |
CarMax Auto Owner Trust | |||||
Series 2022-1, Class A3 | 1.470 | 12-15-26 | 16,354,000 | 15,747,636 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 41 |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
CARS-DB4 LP | |||||
Series 2020-1A, Class B1 (C) | 4.170 | 02-15-50 | 21,876,000 | $20,882,685 | |
CF Hippolyta LLC | |||||
Series 2020-1, Class A1 (C) | 1.690 | 07-15-60 | 33,437,750 | 30,671,589 | |
Series 2021-1A, Class A1 (C) | 1.530 | 03-15-61 | 32,160,467 | 28,985,331 | |
Chase Auto Credit Linked Notes | |||||
Series 2021-3, Class B (C) | 0.760 | 02-26-29 | 14,696,386 | 14,181,252 | |
CLI Funding VI LLC | |||||
Series 2020-1A, Class A (C) | 2.080 | 09-18-45 | 40,484,768 | 36,619,627 | |
CLI Funding VIII LLC | |||||
Series 2021-1A, Class A (C) | 1.640 | 02-18-46 | 30,353,307 | 27,186,161 | |
Series 2022-1A, Class A1 (C) | 2.720 | 01-18-47 | 21,507,701 | 19,351,728 | |
ContiMortgage Home Equity Loan Trust | |||||
Series 1995-2, Class A5 | 8.100 | 08-15-25 | 73,116 | 64,144 | |
DataBank Issuer | |||||
Series 2021-1A, Class A2 (C) | 2.060 | 02-27-51 | 15,292,000 | 13,874,938 | |
Series 2021-1A, Class C (C) | 4.430 | 02-27-51 | 3,400,000 | 3,031,255 | |
DB Master Finance LLC | |||||
Series 2017-1A, Class A2II (C) | 4.030 | 11-20-47 | 11,665,223 | 11,424,137 | |
Series 2021-1A, Class A2I (C) | 2.045 | 11-20-51 | 52,016,610 | 46,663,841 | |
Diamond Infrastructure Funding LLC | |||||
Series 2021-1A, Class C (C) | 3.475 | 04-15-49 | 6,825,000 | 6,145,678 | |
Domino’s Pizza Master Issuer LLC | |||||
Series 2017-1A, Class A23 (C) | 4.118 | 07-25-47 | 35,496,440 | 34,580,880 | |
Series 2021-1A, Class A2I (C) | 2.662 | 04-25-51 | 24,351,030 | 21,719,292 | |
Driven Brands Funding LLC | |||||
Series 2020-2A, Class A2 (C) | 3.237 | 01-20-51 | 21,378,388 | 19,135,474 | |
Series 2021-1A, Class A2 (C) | 2.791 | 10-20-51 | 30,766,395 | 26,659,112 | |
Elmwood CLO IV, Ltd. | |||||
Series 2020-1A, Class A (3 month LIBOR + 1.240%) (B)(C) | 2.284 | 04-15-33 | 24,174,000 | 23,684,186 | |
ExteNet LLC | |||||
Series 2019-1A, Class C (C) | 5.219 | 07-26-49 | 7,100,000 | 6,969,712 | |
FirstKey Homes Trust | |||||
Series 2020-SFR1, Class A (C) | 1.339 | 08-17-37 | 39,225,563 | 36,381,529 | |
Series 2020-SFR2, Class A (C) | 1.266 | 10-19-37 | 47,804,523 | 43,978,402 | |
Series 2021-SFR1, Class A (C) | 1.538 | 08-17-38 | 24,123,768 | 21,853,418 | |
Series 2021-SFR1, Class D (C) | 2.189 | 08-17-38 | 23,526,000 | 20,889,058 | |
Five Guys Funding LLC | |||||
Series 2017-1A, Class A2 (C) | 4.600 | 07-25-47 | 17,071,993 | 16,779,361 | |
FOCUS Brands Funding LLC | |||||
Series 2017-1A, Class A2IB (C) | 3.857 | 04-30-47 | 9,717,944 | 9,422,013 | |
Ford Credit Auto Owner Trust | |||||
Series 2020-1, Class A (C) | 2.040 | 08-15-31 | 20,485,000 | 19,714,356 | |
Series 2022-A, Class A3 | 1.290 | 06-15-26 | 8,921,000 | 8,623,653 | |
Ford Credit Floorplan Master Owner Trust | |||||
Series 2019-2, Class A | 3.060 | 04-15-26 | 44,953,000 | 44,672,844 | |
Series 2020-2, Class A | 1.060 | 09-15-27 | 20,465,000 | 18,741,720 |
42 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
GM Financial Consumer Automobile Receivables Trust | |||||
Series 2021-4, Class A3 | 0.680 | 09-16-26 | 9,381,000 | $9,027,106 | |
Series 2022-1, Class A3 | 1.260 | 11-16-26 | 7,727,000 | 7,479,952 | |
GMF Floorplan Owner Revolving Trust | |||||
Series 2019-2, Class A (C) | 2.900 | 04-15-26 | 31,317,000 | 31,019,927 | |
Series 2020-1, Class A (C) | 0.680 | 08-15-25 | 15,128,000 | 14,682,922 | |
Golub Capital Partners Funding, Ltd. | |||||
Series 2020-1A, Class A2 (C) | 3.208 | 01-22-29 | 22,181,000 | 21,279,409 | |
Series 2021-1A, Class A2 (C) | 2.773 | 04-20-29 | 24,582,000 | 23,372,438 | |
HI-FI Music IP Issuer LP | |||||
Series 2022-1A, Class A2 (C) | 3.939 | 02-01-62 | 20,831,000 | 20,400,904 | |
Hilton Grand Vacations Trust | |||||
Series 2017-AA, Class A (C) | 2.660 | 12-26-28 | 6,779,271 | 6,679,313 | |
Series 2018-AA, Class A (C) | 3.540 | 02-25-32 | 5,350,194 | 5,294,808 | |
Series 2022-1D, Class B (C) | 4.100 | 06-20-34 | 3,550,413 | 3,518,455 | |
Home Partners of America Trust | |||||
Series 2021-2, Class A (C) | 1.901 | 12-17-26 | 16,345,940 | 14,857,870 | |
Hotwire Funding LLC | |||||
Series 2021-1, Class C (C) | 4.459 | 11-20-51 | 4,950,000 | 4,324,189 | |
Hyundai Auto Lease Securitization Trust | |||||
Series 2022-A, Class A3 (C) | 1.160 | 01-15-25 | 14,391,000 | 13,989,579 | |
Jack in the Box Funding LLC | |||||
Series 2019-1A, Class A23 (C) | 4.970 | 08-25-49 | 17,733,525 | 17,028,493 | |
Series 2022-1A, Class A2I (C) | 3.445 | 02-26-52 | 28,051,040 | 26,155,828 | |
Laurel Road Prime Student Loan Trust | |||||
Series 2019-A, Class A2FX (C) | 2.730 | 10-25-48 | 2,530,383 | 2,516,655 | |
Mercedes-Benz Auto Receivables Trust | |||||
Series 2021-1, Class A3 | 0.460 | 06-15-26 | 19,123,000 | 18,340,439 | |
MVW Owner Trust | |||||
Series 2018-1A, Class A (C) | 3.450 | 01-21-36 | 10,206,526 | 10,098,827 | |
Navient Private Education Loan Trust | |||||
Series 2016-AA, Class A2A (C) | 3.910 | 12-15-45 | 4,440,633 | 4,443,762 | |
Navient Private Education Refi Loan Trust | |||||
Series 2019-FA, Class A2 (C) | 2.600 | 08-15-68 | 12,202,556 | 11,870,381 | |
Navient Student Loan Trust | |||||
Series 2020-2A, Class A1A (C) | 1.320 | 08-26-69 | 20,543,345 | 18,383,079 | |
Neighborly Issuer LLC | |||||
Series 2021-1A, Class A2 (C) | 3.584 | 04-30-51 | 42,344,280 | 37,230,615 | |
Series 2022-1A, Class A2 (C) | 3.695 | 01-30-52 | 17,512,110 | 15,608,421 | |
New Economy Assets Phase 1 Sponsor LLC | |||||
Series 2021-1, Class A1 (C) | 1.910 | 10-20-61 | 41,424,000 | 36,938,850 | |
Series 2021-1, Class B1 (C) | 2.410 | 10-20-61 | 12,548,000 | 11,049,174 | |
NRZ Excess Spread-Collateralized Notes | |||||
Series 2021-FHT1, Class A (C) | 3.104 | 07-25-26 | 6,936,721 | 6,383,276 | |
OCP CLO, Ltd. | |||||
Series 2020-19A, Class AR (3 month LIBOR + 1.150%) (B)(C) | 2.213 | 10-20-34 | 14,541,000 | 14,077,578 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 43 |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Oxford Finance Funding LLC | |||||
Series 2019-1A, Class A2 (C) | 4.459 | 02-15-27 | 9,601,402 | $9,578,758 | |
Series 2020-1A, Class A2 (C) | 3.101 | 02-15-28 | 3,154,175 | 3,135,975 | |
PFS Financing Corp. | |||||
Series 2020-E, Class A (C) | 1.000 | 10-15-25 | 20,469,000 | 19,768,756 | |
Progress Residential Trust | |||||
Series 2020-SFR1, Class A (C) | 1.732 | 04-17-37 | 15,528,000 | 14,725,806 | |
Series 2021-SFR8, Class B (C) | 1.681 | 10-17-38 | 13,890,000 | 12,403,538 | |
Renaissance Home Equity Loan Trust | |||||
Series 2005-2, Class AF4 | 4.934 | 08-25-35 | 2,728,336 | 2,700,854 | |
Santander Retail Auto Lease Trust | |||||
Series 2022-A, Class A3 (C) | 1.340 | 07-21-25 | 11,616,000 | 11,122,587 | |
Santander Revolving Auto Loan Trust | |||||
Series 2019-A, Class A (C) | 2.510 | 01-26-32 | 43,933,000 | 42,512,629 | |
SCF Equipment Leasing LLC | |||||
Series 2021-1A, Class E (C) | 3.560 | 08-20-32 | 3,300,000 | 3,112,588 | |
ServiceMaster Funding LLC | |||||
Series 2021-1, Class A2I (C) | 2.865 | 07-30-51 | 23,065,700 | 20,062,961 | |
Sesac Finance LLC | |||||
Series 2019-1, Class A2 (C) | 5.216 | 07-25-49 | 30,441,195 | 29,575,874 | |
Sierra Timeshare Receivables Funding LLC | |||||
Series 2018-3A, Class D (C) | 5.200 | 09-20-35 | 1,754,154 | 1,742,691 | |
Series 2019-1A, Class A (C) | 3.200 | 01-20-36 | 3,017,427 | 2,985,474 | |
Series 2021-1A, Class D (C) | 3.170 | 11-20-37 | 2,943,903 | 2,789,836 | |
SMB Private Education Loan Trust | |||||
Series 2019-B, Class A2A (C) | 2.840 | 06-15-37 | 22,543,465 | 22,027,215 | |
Series 2020-PTA, Class A2A (C) | 1.600 | 09-15-54 | 21,507,096 | 19,824,851 | |
Series 2021-A, Class APT2 (C) | 1.070 | 01-15-53 | 15,195,107 | 13,679,490 | |
Sonic Capital LLC | |||||
Series 2020-1A, Class A2I (C) | 3.845 | 01-20-50 | 27,212,303 | 25,915,718 | |
Series 2021-1A, Class A2I (C) | 2.190 | 08-20-51 | 22,884,413 | 19,157,664 | |
Sunbird Engine Finance LLC | |||||
Series 2020-1A, Class A (C) | 3.671 | 02-15-45 | 8,910,571 | 7,731,838 | |
Taco Bell Funding LLC | |||||
Series 2021-1A, Class A2I (C) | 1.946 | 08-25-51 | 45,075,490 | 40,094,107 | |
TIF Funding II LLC | |||||
Series 2021-1A, Class A (C) | 1.650 | 02-20-46 | 19,628,033 | 17,014,355 | |
Toyota Auto Loan Extended Note Trust | |||||
Series 2019-1A, Class A (C) | 2.560 | 11-25-31 | 63,477,000 | 62,279,373 | |
Toyota Auto Receivables Owner Trust | |||||
Series 2022-A, Class A3 | 1.230 | 06-15-26 | 24,038,000 | 23,219,900 | |
Triton Container Finance VIII LLC | |||||
Series 2020-1A, Class A (C) | 2.110 | 09-20-45 | 43,266,008 | 39,130,617 | |
Series 2021-1A, Class A (C) | 1.860 | 03-20-46 | 25,616,097 | 22,486,555 | |
Vantage Data Centers LLC | |||||
Series 2020-1A, Class A2 (C) | 1.645 | 09-15-45 | 26,045,000 | 23,741,976 | |
Series 2020-2A, Class A2 (C) | 1.992 | 09-15-45 | 20,898,000 | 18,446,479 | |
Verizon Master Trust | |||||
Series 2022-2, Class A | 1.530 | 07-20-28 | 20,071,000 | 19,063,153 |
44 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
VR Funding LLC | |||||
Series 2020-1A, Class A (C) | 2.790 | 11-15-50 | 29,983,462 | $27,526,848 | |
VSE VOI Mortgage LLC | |||||
Series 2017-A, Class A (C) | 2.330 | 03-20-35 | 11,151,643 | 10,860,572 | |
Wendy’s Funding LLC | |||||
Series 2021-1A, Class A2I (C) | 2.370 | 06-15-51 | 25,651,163 | 22,308,611 | |
Willis Engine Structured Trust V | |||||
Series 2020-A, Class A (C) | 3.228 | 03-15-45 | 7,408,453 | 6,309,360 | |
Zaxby’s Funding LLC | |||||
Series 2021-1A, Class A2 (C) | 3.238 | 07-30-51 | 29,967,545 | 26,243,538 | |
Shares | Value | ||||
Common stocks 0.1% | $24,804,854 | ||||
(Cost $26,895,164) | |||||
Utilities 0.1% | 24,804,854 | ||||
Multi-utilities 0.1% | |||||
Algonquin Power & Utilities Corp. | 537,950 | 24,804,854 | |||
Preferred securities 0.2% | $45,149,825 | ||||
(Cost $43,074,394) | |||||
Communication services 0.1% | 11,119,750 | ||||
Wireless telecommunication services 0.1% | |||||
Telephone & Data Systems, Inc., 6.625% | 468,200 | 11,119,750 | |||
Consumer staples 0.0% | 2,715,264 | ||||
Food products 0.0% | |||||
Ocean Spray Cranberries, Inc., 6.250% (C) | 28,284 | 2,715,264 | |||
Financials 0.0% | 2,710,113 | ||||
Banks 0.0% | |||||
Wells Fargo & Company, 7.500% | 2,139 | 2,710,113 | |||
Utilities 0.1% | 28,604,698 | ||||
Electric utilities 0.0% | |||||
NextEra Energy, Inc., 5.279% | 275,700 | 13,536,870 | |||
Multi-utilities 0.1% | |||||
DTE Energy Company, 6.250% | 33,037 | 1,745,014 | |||
NiSource, Inc., 7.750% | 111,900 | 13,322,814 | |||
Par value^ | Value | ||||
Escrow certificates 0.0% | $12,342 | ||||
(Cost $0) | |||||
LSC Communications, Inc. (C)(H) | 19,591,000 | 12,342 | |||
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 45 |
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 2.8% | $614,937,841 | ||||
(Cost $614,920,493) | |||||
U.S. Government Agency 0.9% | 196,381,000 | ||||
Federal Agricultural Mortgage Corp. Discount Note | 0.500 | 06-01-22 | 47,136,000 | 47,136,000 | |
Federal Farm Credit Bank Discount Note | 0.500 | 06-01-22 | 35,494,000 | 35,494,000 | |
Federal Home Loan Bank Discount Note | 0.500 | 06-01-22 | 113,751,000 | 113,751,000 |
Yield (%) | Shares | Value | |||
Short-term funds 0.4% | 92,648,841 | ||||
John Hancock Collateral Trust (I) | 0.8437(J) | 9,266,089 | 92,648,841 |
Par value^ | Value | ||||
Repurchase agreement 1.5% | 325,908,000 | ||||
Barclays Tri-Party Repurchase Agreement dated 5-31-22 at 0.800% to be repurchased at $30,990,689 on 6-1-22, collateralized by $33,052,300 U.S. Treasury Notes, 0.750% due 11-15-24 (valued at $31,610,529) | 30,990,000 | 30,990,000 | |||
Repurchase Agreement with State Street Corp. dated 5-31-22 at 0.060% to be repurchased at $294,918,492 on 6-1-22, collateralized by $69,030,200 U.S. Treasury Notes, 0.625% due 12-31-27 (valued at $61,576,391) and $158,389,600 U.S. Treasury Inflation Indexed Bonds, 1.750% due 1-15-28 (valued at $239,239,985) | 294,918,000 | 294,918,000 |
Total investments (Cost $23,957,339,974) 101.5% | $22,195,883,757 | ||||
Other assets and liabilities, net (1.5%) | (324,913,487) | ||||
Total net assets 100.0% | $21,870,970,270 |
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 | |
CME | Chicago Mercantile Exchange |
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. |
46 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
(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 $7,530,716,689 or 34.4% of the fund’s net assets as of 5-31-22. |
(D) | All or a portion of this security is on loan as of 5-31-22. |
(E) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(F) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(G) | 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. |
(H) | Non-income producing security. |
(I) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(J) | The rate shown is the annualized seven-day yield as of 5-31-22. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK BOND FUND | 47 |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
U.S. Treasury Long Bond Futures | 1,180 | Long | Sep 2022 | $166,740,509 | $164,536,250 | $(2,204,259) |
$(2,204,259) |
48 | JOHN HANCOCK BOND FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $23,864,708,481) including $90,747,016 of securities loaned | $22,103,234,916 |
Affiliated investments, at value (Cost $92,631,493) | 92,648,841 |
Total investments, at value (Cost $23,957,339,974) | 22,195,883,757 |
Cash | 88,292,512 |
Collateral held at broker for futures contracts | 7,500,000 |
Dividends and interest receivable | 169,094,045 |
Receivable for fund shares sold | 39,903,650 |
Receivable for investments sold | 190,917,709 |
Receivable for delayed delivery securities sold | 222,187,270 |
Receivable for securities lending income | 39,733 |
Other assets | 855,931 |
Total assets | 22,914,674,607 |
Liabilities | |
Payable for futures variation margin | 1,770,013 |
Distributions payable | 1,221,285 |
Payable for investments purchased | 149,777,865 |
Payable for delayed delivery securities purchased | 751,982,706 |
Payable for fund shares repurchased | 41,254,557 |
Payable upon return of securities loaned | 92,709,682 |
Payable to affiliates | |
Accounting and legal services fees | 1,037,382 |
Transfer agent fees | 795,523 |
Distribution and service fees | 161,828 |
Trustees’ fees | 5,499 |
Other liabilities and accrued expenses | 2,987,997 |
Total liabilities | 1,043,704,337 |
Net assets | $21,870,970,270 |
Net assets consist of | |
Paid-in capital | $24,467,589,357 |
Total distributable earnings (loss) | (2,596,619,087) |
Net assets | $21,870,970,270 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 49 |
Net asset value per share | |
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
Class A ($1,903,183,739 ÷ 132,675,849 shares)1 | $14.34 |
Class C ($164,435,633 ÷ 11,463,075 shares)1 | $14.34 |
Class I ($5,375,233,024 ÷ 374,685,807 shares) | $14.35 |
Class R2 ($65,029,272 ÷ 4,527,974 shares) | $14.36 |
Class R4 ($80,919,998 ÷ 5,632,656 shares) | $14.37 |
Class R6 ($10,522,878,274 ÷ 732,217,186 shares) | $14.37 |
Class NAV ($3,759,290,330 ÷ 261,689,589 shares) | $14.37 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $14.94 |
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. |
50 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Interest | $796,321,593 |
Dividends | 5,818,088 |
Securities lending | 432,957 |
Less foreign taxes withheld | (254,917) |
Total investment income | 802,317,721 |
Expenses | |
Investment management fees | 75,139,951 |
Distribution and service fees | 9,234,779 |
Accounting and legal services fees | 3,366,581 |
Transfer agent fees | 10,744,850 |
Trustees’ fees | 375,819 |
Custodian fees | 2,409,012 |
State registration fees | 628,435 |
Printing and postage | 840,537 |
Professional fees | 719,507 |
Other | 1,206,738 |
Total expenses | 104,666,209 |
Less expense reductions | (2,236,576) |
Net expenses | 102,429,633 |
Net investment income | 699,888,088 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | (547,552,408) |
Affiliated investments | (44,344) |
Capital gain distributions received from affiliated investments | 11,842 |
(547,584,910) | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (2,299,382,064) |
Affiliated investments | (10,169) |
Futures contracts | (2,204,259) |
(2,301,596,492) | |
Net realized and unrealized loss | (2,849,181,402) |
Decrease in net assets from operations | $(2,149,293,314) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 51 |
Year ended 5-31-22 | Year ended 5-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $699,888,088 | $628,231,002 |
Net realized gain (loss) | (547,584,910) | 122,007,257 |
Change in net unrealized appreciation (depreciation) | (2,301,596,492) | 31,921,307 |
Increase (decrease) in net assets resulting from operations | (2,149,293,314) | 782,159,566 |
Distributions to shareholders | ||
From earnings | ||
Class A | (77,534,219) | (93,164,613) |
Class B | — | (18,026)1 |
Class C | (6,130,537) | (8,873,298) |
Class I | (245,100,676) | (247,106,242) |
Class R2 | (3,147,279) | (4,377,095) |
Class R4 | (2,852,798) | (2,607,626) |
Class R6 | (453,555,668) | (390,138,865) |
Class NAV | (171,035,504) | (184,529,067) |
Total distributions | (959,356,681) | (930,814,832) |
From fund share transactions | 1,386,551,880 | 5,463,488,617 |
Total increase (decrease) | (1,722,098,115) | 5,314,833,351 |
Net assets | ||
Beginning of year | 23,593,068,385 | 18,278,235,034 |
End of year | $21,870,970,270 | $23,593,068,385 |
1 | Share class was redesignated during the year. Refer to Note 6 for further details. |
52 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 5-31-22 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $16.32 | $16.37 | $15.83 | $15.41 | $15.93 |
Net investment income1 | 0.41 | 0.44 | 0.45 | 0.49 | 0.46 |
Net realized and unrealized gain (loss) on investments | (1.82) | 0.19 | 0.68 | 0.46 | (0.47) |
Total from investment operations | (1.41) | 0.63 | 1.13 | 0.95 | (0.01) |
Less distributions | |||||
From net investment income | (0.48) | (0.50) | (0.49) | (0.53) | (0.51) |
From net realized gain | (0.09) | (0.18) | (0.10) | — | — |
Total distributions | (0.57) | (0.68) | (0.59) | (0.53) | (0.51) |
Net asset value, end of period | $14.34 | $16.32 | $16.37 | $15.83 | $15.41 |
Total return (%)2,3 | (8.89) | 3.83 | 7.22 | 6.33 | (0.11) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1,903 | $2,139 | $2,100 | $1,688 | $1,488 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.76 | 0.78 | 0.79 | 0.78 | 0.81 |
Expenses including reductions | 0.76 | 0.77 | 0.78 | 0.78 | 0.79 |
Net investment income | 2.56 | 2.65 | 2.82 | 3.21 | 2.93 |
Portfolio turnover (%) | 110 | 98 | 125 | 106 | 74 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 53 |
CLASS C SHARES Period ended | 5-31-22 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $16.32 | $16.37 | $15.84 | $15.41 | $15.93 |
Net investment income1 | 0.29 | 0.32 | 0.34 | 0.39 | 0.35 |
Net realized and unrealized gain (loss) on investments | (1.81) | 0.19 | 0.66 | 0.46 | (0.47) |
Total from investment operations | (1.52) | 0.51 | 1.00 | 0.85 | (0.12) |
Less distributions | |||||
From net investment income | (0.37) | (0.38) | (0.37) | (0.42) | (0.40) |
From net realized gain | (0.09) | (0.18) | (0.10) | — | — |
Total distributions | (0.46) | (0.56) | (0.47) | (0.42) | (0.40) |
Net asset value, end of period | $14.34 | $16.32 | $16.37 | $15.84 | $15.41 |
Total return (%)2,3 | (9.53) | 3.10 | 6.41 | 5.66 | (0.80) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $164 | $239 | $278 | $252 | $269 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.46 | 1.48 | 1.49 | 1.48 | 1.51 |
Expenses including reductions | 1.46 | 1.47 | 1.48 | 1.48 | 1.49 |
Net investment income | 1.85 | 1.94 | 2.11 | 2.51 | 2.23 |
Portfolio turnover (%) | 110 | 98 | 125 | 106 | 74 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
54 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 5-31-22 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $16.33 | $16.37 | $15.84 | $15.41 | $15.93 |
Net investment income1 | 0.45 | 0.49 | 0.50 | 0.53 | 0.50 |
Net realized and unrealized gain (loss) on investments | (1.81) | 0.20 | 0.67 | 0.47 | (0.47) |
Total from investment operations | (1.36) | 0.69 | 1.17 | 1.00 | 0.03 |
Less distributions | |||||
From net investment income | (0.53) | (0.55) | (0.54) | (0.57) | (0.55) |
From net realized gain | (0.09) | (0.18) | (0.10) | — | — |
Total distributions | (0.62) | (0.73) | (0.64) | (0.57) | (0.55) |
Net asset value, end of period | $14.35 | $16.33 | $16.37 | $15.84 | $15.41 |
Total return (%)2 | (8.61) | 4.20 | 7.47 | 6.70 | 0.19 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $5,375 | $6,244 | $4,693 | $2,928 | $2,236 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.46 | 0.48 | 0.49 | 0.50 | 0.51 |
Expenses including reductions | 0.46 | 0.47 | 0.48 | 0.49 | 0.49 |
Net investment income | 2.86 | 2.95 | 3.11 | 3.48 | 3.19 |
Portfolio turnover (%) | 110 | 98 | 125 | 106 | 74 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 55 |
CLASS R2 SHARES Period ended | 5-31-22 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $16.34 | $16.39 | $15.85 | $15.42 | $15.95 |
Net investment income1 | 0.39 | 0.43 | 0.44 | 0.48 | 0.45 |
Net realized and unrealized gain (loss) on investments | (1.81) | 0.18 | 0.67 | 0.47 | (0.49) |
Total from investment operations | (1.42) | 0.61 | 1.11 | 0.95 | (0.04) |
Less distributions | |||||
From net investment income | (0.47) | (0.48) | (0.47) | (0.52) | (0.49) |
From net realized gain | (0.09) | (0.18) | (0.10) | — | — |
Total distributions | (0.56) | (0.66) | (0.57) | (0.52) | (0.49) |
Net asset value, end of period | $14.36 | $16.34 | $16.39 | $15.85 | $15.42 |
Total return (%)2 | (8.96) | 3.73 | 7.12 | 6.29 | (0.27) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $65 | $111 | $105 | $86 | $83 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.86 | 0.87 | 0.87 | 0.88 | 0.92 |
Expenses including reductions | 0.85 | 0.86 | 0.87 | 0.88 | 0.89 |
Net investment income | 2.44 | 2.56 | 2.73 | 3.11 | 2.84 |
Portfolio turnover (%) | 110 | 98 | 125 | 106 | 74 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
56 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 5-31-22 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $16.35 | $16.39 | $15.86 | $15.43 | $15.95 |
Net investment income1 | 0.44 | 0.47 | 0.48 | 0.52 | 0.49 |
Net realized and unrealized gain (loss) on investments | (1.82) | 0.19 | 0.66 | 0.47 | (0.48) |
Total from investment operations | (1.38) | 0.66 | 1.14 | 0.99 | 0.01 |
Less distributions | |||||
From net investment income | (0.51) | (0.52) | (0.51) | (0.56) | (0.53) |
From net realized gain | (0.09) | (0.18) | (0.10) | — | — |
Total distributions | (0.60) | (0.70) | (0.61) | (0.56) | (0.53) |
Net asset value, end of period | $14.37 | $16.35 | $16.39 | $15.86 | $15.43 |
Total return (%)2 | (8.72) | 4.05 | 7.32 | 6.55 | 0.05 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $81 | $62 | $55 | $44 | $39 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.71 | 0.72 | 0.72 | 0.74 | 0.76 |
Expenses including reductions | 0.60 | 0.61 | 0.62 | 0.63 | 0.64 |
Net investment income | 2.76 | 2.81 | 2.99 | 3.36 | 3.09 |
Portfolio turnover (%) | 110 | 98 | 125 | 106 | 74 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 57 |
CLASS R6 SHARES Period ended | 5-31-22 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $16.35 | $16.40 | $15.86 | $15.43 | $15.96 |
Net investment income1 | 0.47 | 0.51 | 0.52 | 0.55 | 0.53 |
Net realized and unrealized gain (loss) on investments | (1.81) | 0.19 | 0.67 | 0.47 | (0.49) |
Total from investment operations | (1.34) | 0.70 | 1.19 | 1.02 | 0.04 |
Less distributions | |||||
From net investment income | (0.55) | (0.57) | (0.55) | (0.59) | (0.57) |
From net realized gain | (0.09) | (0.18) | (0.10) | — | — |
Total distributions | (0.64) | (0.75) | (0.65) | (0.59) | (0.57) |
Net asset value, end of period | $14.37 | $16.35 | $16.40 | $15.86 | $15.43 |
Total return (%)2 | (8.50) | 4.25 | 7.65 | 6.81 | 0.23 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $10,523 | $10,341 | $7,305 | $6,560 | $5,944 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.36 | 0.37 | 0.37 | 0.39 | 0.42 |
Expenses including reductions | 0.35 | 0.36 | 0.37 | 0.38 | 0.39 |
Net investment income | 2.97 | 3.05 | 3.22 | 3.61 | 3.37 |
Portfolio turnover (%) | 110 | 98 | 125 | 106 | 74 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
58 | JOHN HANCOCK Bond Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 5-31-22 | 5-31-21 | 5-31-20 | 5-31-19 | 5-31-18 |
Per share operating performance | |||||
Net asset value, beginning of period | $16.35 | $16.39 | $15.86 | $15.43 | $15.95 |
Net investment income1 | 0.47 | 0.51 | 0.52 | 0.56 | 0.53 |
Net realized and unrealized gain (loss) on investments | (1.81) | 0.20 | 0.67 | 0.47 | (0.48) |
Total from investment operations | (1.34) | 0.71 | 1.19 | 1.03 | 0.05 |
Less distributions | |||||
From net investment income | (0.55) | (0.57) | (0.56) | (0.60) | (0.57) |
From net realized gain | (0.09) | (0.18) | (0.10) | — | — |
Total distributions | (0.64) | (0.75) | (0.66) | (0.60) | (0.57) |
Net asset value, end of period | $14.37 | $16.35 | $16.39 | $15.86 | $15.43 |
Total return (%)2 | (8.49) | 4.32 | 7.60 | 6.83 | 0.30 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $3,759 | $4,458 | $3,739 | $4,461 | $1,959 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.35 | 0.36 | 0.36 | 0.37 | 0.40 |
Expenses including reductions | 0.34 | 0.35 | 0.35 | 0.37 | 0.38 |
Net investment income | 2.98 | 3.07 | 3.23 | 3.63 | 3.34 |
Portfolio turnover (%) | 110 | 98 | 125 | 106 | 74 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Bond Fund | 59 |
60 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
Total value at 5-31-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $6,359,749,787 | — | $6,359,749,787 | — |
Foreign government obligations | 95,450,634 | — | 95,450,634 | — |
Corporate bonds | 11,153,501,134 | — | 11,153,501,134 | — |
Municipal bonds | 64,025,568 | — | 64,025,568 | — |
Term loans | 123,500,096 | — | 123,500,096 | — |
Collateralized mortgage obligations | 1,759,273,235 | — | 1,759,273,235 | — |
Asset backed securities | 1,955,478,441 | — | 1,955,478,441 | — |
Common stocks | 24,804,854 | $24,804,854 | — | — |
Preferred securities | 45,149,825 | 42,434,561 | 2,715,264 | — |
Escrow certificates | 12,342 | — | 12,342 | — |
Short-term investments | 614,937,841 | 92,648,841 | 522,289,000 | — |
Total investments in securities | $22,195,883,757 | $159,888,256 | $22,035,995,501 | — |
Derivatives: | ||||
Liabilities | ||||
Futures | $(2,204,259) | $(2,204,259) | — | — |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 61 |
62 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 63 |
May 31, 2022 | May 31, 2021 | |
Ordinary income | $815,049,274 | $930,814,832 |
Long-term capital gains | 144,307,407 | — |
Total | $959,356,681 | $930,814,832 |
64 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Interest rate | Receivable/payable for futures variation margin1 | Futures | — | $(2,204,259) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the year end variation margin receivable/payable is separately reported on the Statement of assets and liabilities. |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 65 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Futures contracts |
Interest rate | $(2,204,259) |
66 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $191,302 |
Class C | 18,970 |
Class I | 557,862 |
Class R2 | 8,332 |
Class | Expense reduction |
Class R4 | $6,508 |
Class R6 | 1,000,225 |
Class NAV | 380,383 |
Total | $2,163,582 |
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% |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 67 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $6,405,145 | $2,428,236 |
Class C | 2,113,682 | 240,406 |
Class I | — | 7,088,450 |
Class R2 | 461,854 | 8,052 |
Class R4 | 254,098 | 6,363 |
Class R6 | — | 973,343 |
Total | $9,234,779 | $10,744,850 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $11,300,000 | 1 | 0.540% | $170 |
Year Ended 5-31-22 | Year Ended 5-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 26,471,650 | $420,880,342 | 38,652,892 | $644,370,586 |
Distributions reinvested | 4,739,752 | 75,056,680 | 5,401,231 | 89,996,746 |
Repurchased | (29,571,430) | (461,632,481) | (41,335,033) | (687,524,842) |
Net increase | 1,639,972 | $34,304,541 | 2,719,090 | $46,842,490 |
68 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
Year Ended 5-31-22 | Year Ended 5-31-21 | |||
Shares | Amount | Shares | Amount | |
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 | 1,125,061 | $18,041,512 | 3,237,660 | $54,007,128 |
Distributions reinvested | 365,947 | 5,812,293 | 504,456 | 8,409,619 |
Repurchased | (4,677,838) | (73,548,592) | (6,066,637) | (100,982,858) |
Net decrease | (3,186,830) | $(49,694,787) | (2,324,521) | $(38,566,111) |
Class I shares | ||||
Sold | 153,870,329 | $2,428,787,996 | 186,383,088 | $3,097,424,907 |
Distributions reinvested | 14,566,680 | 230,704,012 | 13,876,937 | 231,003,735 |
Repurchased | (176,193,547) | (2,736,245,000) | (104,556,154) | (1,732,418,414) |
Net increase (decrease) | (7,756,538) | $(76,752,992) | 95,703,871 | $1,596,010,228 |
Class R2 shares | ||||
Sold | 1,187,593 | $19,052,306 | 3,778,070 | $62,425,939 |
Distributions reinvested | 148,465 | 2,371,194 | 213,057 | 3,553,443 |
Repurchased | (3,573,485) | (57,315,979) | (3,654,113) | (60,303,225) |
Net increase (decrease) | (2,237,427) | $(35,892,479) | 337,014 | $5,676,157 |
Class R4 shares | ||||
Sold | 2,382,827 | $38,238,204 | 1,390,654 | $23,191,301 |
Distributions reinvested | 180,798 | 2,850,493 | 155,307 | 2,590,376 |
Repurchased | (714,706) | (11,228,491) | (1,119,284) | (18,652,764) |
Net increase | 1,848,919 | $29,860,206 | 426,677 | $7,128,913 |
Class R6 shares | ||||
Sold | 213,638,574 | $3,417,996,846 | 241,700,780 | $4,017,196,478 |
Distributions reinvested | 28,483,472 | 451,151,271 | 23,297,942 | 388,337,222 |
Repurchased | (142,198,884) | (2,211,545,432) | (78,232,701) | (1,298,540,703) |
Net increase | 99,923,162 | $1,657,602,685 | 186,766,021 | $3,106,992,997 |
Class NAV shares | ||||
Sold | 6,120,924 | $96,971,135 | 43,244,135 | $719,558,389 |
Distributions reinvested | 10,784,239 | 171,035,504 | 11,071,079 | 184,529,067 |
Repurchased | (27,916,110) | (440,881,933) | (9,714,032) | (161,527,108) |
Net increase (decrease) | (11,010,947) | $(172,875,294) | 44,601,182 | $742,560,348 |
Total net increase | 79,220,311 | $1,386,551,880 | 328,040,759 | $5,463,488,617 |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 69 |
Redesignation | Effective date | Amount | |||||
Class B shares as Class A shares | October 14, 2020 | $1,763,175 |
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* | 9,266,089 | $40,898,460 | $632,811,819 | $(581,006,925) | $(44,344) | $(10,169) | $432,957 | $11,842 | $92,648,841 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
70 | JOHN HANCOCK Bond Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Bond Fund | 71 |
72 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 73 |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
• | The Fund did not report any breaches of the 15% limit on illiquid investments that would require reporting to the Securities and Exchange Commission; |
74 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 75 |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan, Born: 1945 | 2012 | 189 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 189 |
Trustee | ||
Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
Peter S. Burgess,2 Born: 1942 | 2012 | 189 |
Trustee | ||
Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; Partner, Arthur Andersen (independent public accounting firm) (prior to 1999); Director, Lincoln Educational Services Corporation (2004-2021); Director, Symetra Financial Corporation (2010–2016); Director, PMA Capital Corporation (2004–2010). Trustee of various trusts within the John Hancock Fund Complex (since 2005). | ||
William H. Cunningham,2 Born: 1944 | 2005 | 189 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Grace K. Fey, Born: 1946 | 2012 | 189 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Deborah C. Jackson, Born: 1952 | 2008 | 189 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
76 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Steven R. Pruchansky, Born: 1944 | 2005 | 189 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,2 Born: 1960 | 2020 | 189 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). | ||
Gregory A. Russo, Born: 1949 | 2009 | 189 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
Non-Independent Trustees3 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 189 |
President and Non-Independent Trustee | ||
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2018); Director and Executive Vice President, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Executive Vice President, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); President, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 77 |
Non-Independent Trustees3 (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Marianne Harrison, Born: 1963 | 2018 | 189 |
Non-Independent Trustee | ||
President and CEO, John Hancock (since 2017); President and CEO, Manulife Canadian Division (2013–2017); Member, Board of Directors, Boston Medical Center (since 2021); Member, Board of Directors, CAE Inc. (since 2019); Member, Board of Directors, MA Competitive Partnership Board (since 2018); Member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); Member, Board of Directors, Communitech, an industry-led innovation center that fosters technology companies in Canada (2017-2019); Member, Board of Directors, Manulife Assurance Canada (2015-2017); Board Member, St. Mary’s General Hospital Foundation (2014-2017); Member, Board of Directors, Manulife Bank of Canada (2013- 2017); Member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017); Member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (2012–2013). Trustee of various trusts within the John Hancock Fund Complex (since 2018). |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2010 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). | |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
78 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
1 | Each Trustee holds office until his or her successor is elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee. |
3 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
ANNUAL REPORT | JOHN HANCOCK BOND FUND | 79 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
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
Connor Minnaar, 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 |
80 | JOHN HANCOCK BOND FUND | ANNUAL REPORT |
GOVERNANCE FUNDS
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MF2234706 | 21A 5/22 |
ITEM 2. CODE OF ETHICS.
As of the end of the year, May 31, 2022, the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its Chief Executive Officer, Chief Financial Officer and Treasurer (respectively, the principal executive officer, the principal financial officer and the principal accounting officer, the "Covered Officers"). A copy of the code of ethics is filed as an exhibit to this Form N-CSR.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Frances G. Rathke is the audit committee financial expert, effective March 25, 2022, and is "independent", pursuant to general instructions on Form N-CSR Item 3.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) Audit Fees
The aggregate fees billed for professional services rendered by the principal accountant for the audits of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements amounted to the following for the fiscal years ended May 31, 2022 and 2021. These fees were billed to the registrant and were approved by the registrant's audit committee.
Fund | May 31, 2022 | May 31, 2021 |
John Hancock Bond Fund | $63,311 | $ 61,760 |
(b) Audit-Related Services
Audit-related fees for assurance and related services by the principal accountant are billed to the registrant or to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser ("control affiliates") that provides ongoing services to the registrant. The nature of the services provided was affiliated service provider internal controls reviews. Amounts billed to the registrant were as follows:
Fund | May 31, 2022 | May 31, 2021 |
John Hancock Bond Fund | $776 | $604 |
Amounts billed to control affiliates were $119,500 and $116,000 for the fiscal years ended May 31, 2022 and 2021, respectively.
(c) Tax Fees
The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning ("tax fees") amounted to the following for the fiscal years ended May 31, 2022 and 2021. The nature of the services comprising the tax fees was the review of the registrant's tax returns and tax distribution requirements. These fees were billed to the registrant and were approved by the registrant's audit committee.
Fund | May 31, 2022 | May 31, 2021 |
John Hancock Bond Fund | $3,914 | $5,087 |
(d) All Other Fees
The nature of the services comprising all other fees is advisory services provided to the investment manager. Other fees amounted to the following for the fiscal years ended May 31, 2022 and 2021:
Fund | May 31, 2022 | May 31, 2021 |
John Hancock Bond Fund | $305 | $ 89 |
(e)(1) Audit Committee Pre-Approval Policies and Procedures:
The trust's Audit Committee must pre-approve all audit and non-audit services provided by the independent registered public accounting firm (the "Auditor") relating to the operations or financial reporting of the funds. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.
The trust's Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee's consideration of audit-related and non-audit services by the Auditor. The policies and procedures require that any audit-related and non-audit service provided by the Auditor and any non-audit service provided by the Auditor to a fund service provider that relates directly to the operations and financial reporting of a fund are subject to approval by the Audit Committee before such service is provided. Audit-related services provided by the Auditor that are expected to exceed $25,000 per year/per fund are subject to specific pre- approval by the Audit Committee. Tax services provided by the Auditor that are expected to exceed $30,000 per year/per fund are subject to specific pre-approval by the Audit Committee.
All audit services, as well as the audit-related and non-audit services that are expected to exceed the amounts stated above, must be approved in advance of provision of the service by formal resolution of the Audit Committee. At the regularly scheduled Audit Committee meetings, the Committee reviews a report summarizing the services, including fees, provided by the Auditor.
(e)(2) Services approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X:
Audit-Related Fees, Tax Fees and All Other Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.
(f)According to the registrant's principal accountant for the fiscal year ended May 31, 2022, the percentage of hours spent on the audit of the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons who were not full-time, permanent employees of principal accountant was less than 50%.
(g)The aggregate non-audit fees billed by the registrant's principal accountant for non-audit services rendered to the registrant and rendered to the registrant's control affiliates were $950, 647 for the fiscal year ended May 31, 2022 and $1,147,427 for the fiscal year ended May 31, 2021
(h)The audit committee of the registrant has considered the non-audit services provided by the registrant's principal accountant to the control affiliates and has determined that the services that were not pre-approved are compatible with maintaining the principal accountant's independence.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
The registrant has a separately-designated standing audit committee comprised of independent trustees. The members of the audit committee are as follows:
Frances G. Rathke – Chairperson, effective March 25, 2022
Peter S. Burgess
William H. Cunningham
ITEM 6. SCHEDULE OF INVESTMENTS.
(a)Not applicable.
(b)Not applicable.
ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED- END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
The registrant has adopted procedures by which shareholders may recommend nominees to the registrant's Board of Trustees. A copy of the procedures is filed as an exhibit to this Form N-CSR. See attached "John Hancock Funds – Nominating, Governance and Administration Committee Charter".
ITEM 11. CONTROLS AND PROCEDURES.
(a)Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.
(b)There were no changes in the registrant's internal control over financial reporting that occurred during the 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: | July 14, 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: | July 14, 2022 |
By: | /s/ Charles A. Rizzo |
| -------------------------------- |
| Charles A. Rizzo |
| Chief Financial Officer |
Date: | July 14, 2022 |