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 811-21779
JOHN HANCOCK FUNDS II
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(Exact name of registrant as specified in charter)
200 BERKELEY STREET, BOSTON, MASSACHUSETTS 02116
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(Address of principal executive offices) (Zip code)
SALVATORE SCHIAVONE, 200 BERKELEY STREET, BOSTON, MASSACHUSETTS 02116
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(Name and address of agent for service)
Registrant's telephone number, including area code: (617) 663-4497
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Date of fiscal year end: 8/31
Date of reporting period: 2/29/20
ITEM 1. REPORTS TO STOCKHOLDERS.
The Registrant prepared ten semiannual reports to shareholders including thirty-nine funds for the period ended February 29, 2020. The first report applies to Alternative Asset Allocation Fund, the second report applies to Blue Chip Growth Fund, the third report applies to Equity Income Fund, the fourth report applies to Fundamental Global Franchise Fund, the fifth report applies to Global Equity Fund, the sixth report applies to Income Allocation Fund, the seventh report applies to Small Cap Value Fund, the eighth report applies to 11 Multi-Index Lifetime Portfolios, the ninth report applies to 10 Multi-Index Preservation Portfolios, the tenth report applies to 11 Multimanager Lifetime Portfolios of the Registrant.
John Hancock
Alternative Asset Allocation Fund
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A and Class C shares) or 888-972-8696 (Class I, Class R2, Class R4, and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent the markets skidding during the last week of the period. Prior to the turbulence, investors benefited from a combination of low inflation, accommodative central bank policy, healthy fundamentals, and corporate buybacks of stock. Investors in non-U.S. equities also saw strong gains, fueled in part by similarly supportive monetary policy and some signs of strength in developing markets. In an environment of low inflation and declining interest rates, bonds were also faring well.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered interest rates and lawmakers embarked on a plan to launch major fiscal stimulus to support the economy.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
John Hancock
Alternative Asset Allocation Fund
INVESTMENT OBJECTIVE
The fund seeks long-term growth of capital.
AVERAGE ANNUAL TOTAL RETURNS AS OF 2/29/2020 (%)
The HFRX Global Hedge Fund Index is composed of all eligible hedge fund strategies including four principal strategies: equity hedge, event driven, macro/managed futures, and relative value arbitrage.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower. Since-inception returns for the Morningstar fund category average are not available.
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund's objectives, risks, and strategy, see the fund's prospectus. The fund recently experienced negative short-term performance due to market volatility associated with the COVID-19 pandemic.
ASSET ALLOCATION AS OF 2/29/2020 (%)
Affiliated investment companies | 72.4 | |
Alternative investment approaches | 33.5 | |
Absolute return strategies | 32.5 | |
Alternative markets | 6.4 | |
Unaffiliated investment companies | 26.5 | |
Alternative investment approaches | 11.2 | |
Absolute return strategies | 11.2 | |
Alternative markets | 4.1 | |
Short-term investments and other | 1.1 |
As a percentage of net assets.
A note about risks
The fund may be subject to various risks as described in the fund's prospectus. For more information, please refer to the "Principal risks" section of the prospectus and "Subsequent events" section in the Notes to financial statements.
TOTAL RETURNS FOR THE PERIOD ENDED FEBRUARY 29, 2020
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||||
1-year | 5-year | 10-year1 | 6-month | 5-year | 10-year1 | ||
Class A | -2.76 | 0.53 | 2.74 | -5.68 | 2.67 | 31.09 | |
Class C2 | 0.67 | 0.87 | 2.65 | -2.01 | 4.42 | 29.89 | |
Class I2,3 | 2.73 | 1.89 | 3.59 | -0.49 | 9.82 | 42.26 | |
Class R22,3 | 2.27 | 1.47 | 3.16 | -0.73 | 7.58 | 36.54 | |
Class R42,3 | 2.52 | 1.73 | 3.37 | -0.62 | 8.95 | 39.27 | |
Class R62,3 | 2.84 | 2.00 | 3.62 | -0.45 | 10.40 | 42.70 | |
Index† | 4.60 | 0.63 | 0.98 | 1.96 | 3.20 | 10.26 |
Performance figures assume all distributions are reinvested. Figures reflect maximum sales charges on Class A shares of 5% and the applicable contingent deferred sales charge (CDSC) on Class C shares. Class C shares held for less than one year are subject to a 1% CDSC. Sales charges are not applicable to Class I, Class R2, Class R4, and Class R6 shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include expenses of the affiliated underlying funds in which the fund invests. The expense ratios are as follows:
Class A | Class C | Class I | Class R2 | Class R4 | Class R6 | |
Gross (%) | 1.78 | 2.48 | 1.48 | 1.87 | 1.72 | 1.37 |
Net (%) | 1.70 | 2.40 | 1.40 | 1.79 | 1.54 | 1.29 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the fund's website at jhinvestments.com.
The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. The fund's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
† | Index is the HFRX Global Hedge Fund Index. |
See the following page for footnotes.
This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Alternative Asset Allocation Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in the HFRX Global Hedge Fund Index.
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C2,.4 | 2-28-10 | 12,989 | 12,989 | 11,026 |
Class I2,3 | 2-28-10 | 14,226 | 14,226 | 11,026 |
Class R22,3 | 2-28-10 | 13,654 | 13,654 | 11,026 |
Class R42,3 | 2-28-10 | 13,927 | 13,927 | 11,026 |
Class R62,3 | 2-28-10 | 14,270 | 14,270 | 11,026 |
The HFRX Global Hedge Fund Index is composed of all eligible hedge fund strategies, including four principal strategies: equity hedge, event driven, macro/managed futures, and relative value arbitrage.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Footnotes related to performance pages
1 | Performance information prior to 12-20-10 reflects an allocation to a different mix of underlying funds, and would have been different if the fund's investments had been allocated to its current mix of underlying funds. |
2 | Class C shares were first offered on 6-14-11; Class I shares were first offered on 12-31-10; Class R2 shares were first offered on 3-1-12; Class R4 shares were first offered on 6-27-13; Class R6 shares were first offered on 9-1-11. 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 | For certain types of investors, as described in the fund's prospectus. |
4 | The contingent deferred sales charge is not applicable. |
Your expenses |
6 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | SEMIANNUAL REPORT |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Class A | Actual expenses/actual returns | $1,000.00 | $992.90 | $3.27 | 0.66% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.32 | 0.66% | |
Class C | Actual expenses/actual returns | 1,000.00 | 989.60 | 6.73 | 1.36% |
Hypothetical example | 1,000.00 | 1,018.10 | 6.82 | 1.36% | |
Class I | Actual expenses/actual returns | 1,000.00 | 995.10 | 1.79 | 0.36% |
Hypothetical example | 1,000.00 | 1,023.10 | 1.81 | 0.36% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 992.70 | 3.72 | 0.75% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.77 | 0.75% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 993.80 | 2.48 | 0.50% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.51 | 0.50% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 995.50 | 1.24 | 0.25% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.26 | 0.25% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
2 | Ratios do not include fees and expenses indirectly incurred by the underlying funds and can vary based on mixed of underlying funds held by the fund. |
SEMIANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 7 |
Fund’s investments |
Shares | Value | ||||
Affiliated investment companies (A) 72.4% | $387,667,674 | ||||
(Cost $387,159,226) | |||||
Absolute return strategies 32.5% | 174,163,387 | ||||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 2,522,368 | 23,382,349 | |||
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 3,378,538 | 32,366,397 | |||
Credit Suisse Managed Futures Strategy Fund (B) | 2,656,220 | 24,543,473 | |||
Diversified Macro, Class NAV, JHIT (Graham) | 4,554,558 | 41,264,299 | |||
Multi-Asset Absolute Return, Class NAV, JHF II (NIMNAI) | 5,755,675 | 52,606,869 | |||
Alternative investment approaches 33.5% | 179,325,949 | ||||
Seaport Long/Short, Class NAV, JHIT (Wellington) | 6,538,507 | 75,650,521 | |||
Short Duration Credit Opportunities, Class NAV, JHF II (Stone Harbor) | 4,387,528 | 41,813,142 | |||
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (C) | 5,792,349 | 61,862,286 | |||
Alternative markets 6.4% | 34,178,338 | ||||
Infrastructure, Class NAV, JHIT (Wellington) | 1,952,333 | 25,106,997 | |||
Invesco DB Gold Fund (B) | 194,372 | 9,071,341 | |||
Unaffiliated investment companies 26.5% | $142,144,102 | ||||
(Cost $140,017,264) | |||||
Absolute return strategies 11.2% | 59,841,817 | ||||
IQ Merger Arbitrage ETF (D) | 613,755 | 20,229,365 | |||
The Arbitrage Fund, Class I | 2,967,225 | 39,612,452 | |||
Alternative investment approaches 11.2% | 60,134,602 | ||||
JPMorgan Hedged Equity Fund | 2,924,835 | 60,134,602 | |||
Alternative markets 4.1% | 22,167,683 | ||||
Invesco Optimum Yield Diversified Commodity Strategy No. K-1 ETF | 1,046,640 | 14,809,956 | |||
Vanguard Real Estate ETF | 84,252 | 7,357,727 |
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 1.1% | $5,689,207 | ||||
(Cost $5,688,949) | |||||
U.S. Government 1.1% | 5,629,310 | ||||
U.S. Treasury Bill | 1.515 | 03-05-20 | 5,630,000 | 5,629,310 |
8 | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Yield (%) | Shares | Value | |||
Short-term funds 0.0% | 59,897 | ||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 1.5386(E) | 59,897 | 59,897 |
Total investments (Cost $532,865,439) 100.0% | $535,500,983 | ||||
Other assets and liabilities, net 0.0% | 235,130 | ||||
Total net assets 100.0% | $535,736,113 |
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 | |
JHF II | John Hancock Funds II |
JHIT | John Hancock Investment Trust |
(A) | The underlying funds' subadvisor is shown parenthetically. |
(B) | The fund owns 5% or more of the outstanding voting shares of the issuer and the security is considered an affiliate of the fund. For more information on this security refer to the Notes to financial statements. |
(C) | The subadvisor is an affiliate of the advisor. |
(D) | Non-income producing. |
(E) | The rate shown is the annualized seven-day yield as of 2-29-20. |
* | 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. |
Subadvisors of Affiliated Underlying Funds | |
First Quadrant, L.P. | (First Quadrant) |
Graham Capital Management, L.P. | (Graham) |
Manulife Investment Management (US) LLC | (MIM US) |
Nordea Investment Management North America, Inc. | (NIMNAI) |
Stone Harbor Investment Partners LP | (Stone Harbor) |
Unigestion (UK) Limited | (Unigestion) |
Wellington Management Company LLP | (Wellington) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK ALTERNATIVE ASSET ALLOCATION FUND | 9 |
Financial statements |
Assets | |
Unaffiliated investments, at value (Cost $145,706,213) | $147,833,309 |
Affiliated investments, at value (Cost $387,159,226) | 387,667,674 |
Total investments, at value (Cost $532,865,439) | 535,500,983 |
Dividends and interest receivable | 242,078 |
Receivable for fund shares sold | 935,787 |
Receivable for investments sold | 1,139,227 |
Receivable for securities lending income | 20 |
Receivable from affiliates | 9,033 |
Other assets | 67,469 |
Total assets | 537,894,597 |
Liabilities | |
Due to custodian | 63,187 |
Payable for investments purchased | 241,628 |
Payable for fund shares repurchased | 1,717,081 |
Payable to affiliates | |
Accounting and legal services fees | 13,960 |
Transfer agent fees | 49,133 |
Distribution and service fees | 593 |
Trustees' fees | 1,110 |
Other liabilities and accrued expenses | 71,792 |
Total liabilities | 2,158,484 |
Net assets | $535,736,113 |
Net assets consist of | |
Paid-in capital | $590,773,573 |
Total distributable earnings (loss) | (55,037,460) |
Net assets | $535,736,113 |
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 ($67,096,312 ÷ 4,764,204 shares)1 | $14.08 |
Class C ($36,775,371 ÷ 2,600,800 shares)1 | $14.14 |
Class I ($409,904,718 ÷ 29,101,632 shares) | $14.09 |
Class R2 ($1,368,027 ÷ 97,234 shares) | $14.07 |
Class R4 ($87,730 ÷ 6,223 shares) | $14.10 |
Class R6 ($20,503,955 ÷ 1,455,569 shares) | $14.09 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $14.82 |
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 $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
10 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Income distributions received from affiliated investments | $4,606,637 |
Dividends | 695,116 |
Interest | 52,443 |
Securities lending | 8,916 |
Total investment income | 5,363,112 |
Expenses | |
Investment management fees | 981,422 |
Distribution and service fees | 310,195 |
Accounting and legal services fees | 50,541 |
Transfer agent fees | 330,144 |
Trustees' fees | 5,171 |
Custodian fees | 24,675 |
State registration fees | 45,447 |
Printing and postage | 39,267 |
Professional fees | 28,277 |
Other | 26,952 |
Total expenses | 1,842,091 |
Less expense reductions | (549,347) |
Net expenses | 1,292,744 |
Net investment income | 4,070,368 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | 150,321 |
Affiliated investments | (4,513,541) |
Capital gain distributions received from unaffiliated investments | 780,190 |
Capital gain distributions received from affiliated investments | 9,639,956 |
6,056,926 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (1,534,710) |
Affiliated investments | (11,380,879) |
(12,915,589) | |
Net realized and unrealized loss | (6,858,663) |
Decrease in net assets from operations | $(2,788,295) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 11 |
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $4,070,368 | $11,584,852 |
Net realized gain (loss) | 6,056,926 | (8,139,442) |
Change in net unrealized appreciation (depreciation) | (12,915,589) | 13,005,662 |
Increase (decrease) in net assets resulting from operations | (2,788,295) | 16,451,072 |
Distributions to shareholders | ||
From earnings | ||
Class A | (2,347,118) | (1,639,841) |
Class C | (1,030,673) | (598,120) |
Class I | (15,281,356) | (9,760,461) |
Class R2 | (44,843) | (43,758) |
Class R4 | (1,208) | (4,113) |
Class R6 | (800,607) | (649,346) |
Total distributions | (19,505,805) | (12,695,639) |
From fund share transactions | (9,626,003) | (119,232,261) |
Total decrease | (31,920,103) | (115,476,828) |
Net assets | ||
Beginning of period | 567,656,216 | 683,133,044 |
End of period | $535,736,113 | $567,656,216 |
12 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial highlights |
CLASS A SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $14.66 | $14.51 | $14.55 | $13.96 | $14.12 | $15.35 |
Net investment income2,3 | 0.09 | 0.25 | 0.13 | 0.10 | 0.22 | 0.19 |
Net realized and unrealized gain (loss) on investments | (0.18) | 0.17 | 0.01 | 0.60 | —4 | (0.81) |
Total from investment operations | (0.09) | 0.42 | 0.14 | 0.70 | 0.22 | (0.62) |
Less distributions | ||||||
From net investment income | (0.27) | (0.17) | (0.11) | (0.08) | (0.21) | (0.19) |
From net realized gain | (0.22) | (0.10) | (0.07) | (0.03) | (0.17) | (0.42) |
Total distributions | (0.49) | (0.27) | (0.18) | (0.11) | (0.38) | (0.61) |
Net asset value, end of period | $14.08 | $14.66 | $14.51 | $14.55 | $13.96 | $14.12 |
Total return (%)5,6 | (0.71)7 | 3.05 | 0.95 | 5.03 | 1.60 | (4.14) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $67 | $73 | $95 | $136 | $278 | $404 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions8 | 0.859 | 0.77 | 0.72 | 0.72 | 0.73 | 0.70 |
Expenses including reductions8 | 0.669 | 0.64 | 0.59 | 0.59 | 0.59 | 0.56 |
Net investment income3 | 1.279 | 1.73 | 0.86 | 0.71 | 1.56 | 1.29 |
Portfolio turnover (%) | 25 | 39 | 18 | 10 | 17 | 45 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
4 | Less than $0.005 per share. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Does not reflect the effect of sales charges, if any. |
7 | Not annualized. |
8 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
9 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 13 |
CLASS C SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $14.67 | $14.51 | $14.56 | $13.97 | $14.12 | $15.35 |
Net investment income2,3 | 0.04 | 0.15 | 0.02 | —4 | 0.12 | 0.09 |
Net realized and unrealized gain (loss) on investments | (0.18) | 0.18 | 0.01 | 0.60 | 0.01 | (0.82) |
Total from investment operations | (0.14) | 0.33 | 0.03 | 0.60 | 0.13 | (0.73) |
Less distributions | ||||||
From net investment income | (0.17) | (0.07) | (0.01) | — | (0.11) | (0.08) |
From net realized gain | (0.22) | (0.10) | (0.07) | (0.01) | (0.17) | (0.42) |
Total distributions | (0.39) | (0.17) | (0.08) | (0.01) | (0.28) | (0.50) |
Net asset value, end of period | $14.14 | $14.67 | $14.51 | $14.56 | $13.97 | $14.12 |
Total return (%)5,6 | (1.04)7 | 2.37 | 0.19 | 4.30 | 0.94 | (4.83) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $37 | $42 | $57 | $72 | $99 | $135 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions8 | 1.559 | 1.47 | 1.42 | 1.42 | 1.43 | 1.41 |
Expenses including reductions8 | 1.369 | 1.34 | 1.29 | 1.29 | 1.29 | 1.26 |
Net investment income3 | 0.559 | 1.02 | 0.17 | —10 | 0.85 | 0.59 |
Portfolio turnover (%) | 25 | 39 | 18 | 10 | 17 | 45 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
4 | Less than $0.005 per share. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Does not reflect the effect of sales charges, if any. |
7 | Not annualized. |
8 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
9 | Annualized. |
10 | Less than 0.005%. |
14 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $14.68 | $14.53 | $14.58 | $13.99 | $14.15 | $15.37 |
Net investment income2,3 | 0.11 | 0.29 | 0.17 | 0.14 | 0.26 | 0.24 |
Net realized and unrealized gain (loss) on investments | (0.17) | 0.18 | —4 | 0.60 | —4 | (0.81) |
Total from investment operations | (0.06) | 0.47 | 0.17 | 0.74 | 0.26 | (0.57) |
Less distributions | ||||||
From net investment income | (0.31) | (0.22) | (0.15) | (0.12) | (0.25) | (0.23) |
From net realized gain | (0.22) | (0.10) | (0.07) | (0.03) | (0.17) | (0.42) |
Total distributions | (0.53) | (0.32) | (0.22) | (0.15) | (0.42) | (0.65) |
Net asset value, end of period | $14.09 | $14.68 | $14.53 | $14.58 | $13.99 | $14.15 |
Total return (%)5 | (0.49)6 | 3.39 | 1.18 | 5.34 | 1.93 | (3.80) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $410 | $423 | $510 | $495 | $433 | $532 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions7 | 0.558 | 0.49 | 0.42 | 0.40 | 0.42 | 0.39 |
Expenses including reductions7 | 0.368 | 0.35 | 0.30 | 0.28 | 0.28 | 0.24 |
Net investment income3 | 1.578 | 2.04 | 1.16 | 1.01 | 1.88 | 1.63 |
Portfolio turnover (%) | 25 | 39 | 18 | 10 | 17 | 45 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
4 | Less than $0.005 per share. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Not annualized. |
7 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
8 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 15 |
CLASS R2 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $14.64 | $14.49 | $14.53 | $13.95 | $14.11 | $15.33 |
Net investment income2,3 | 0.08 | 0.24 | 0.11 | 0.08 | 0.20 | 0.14 |
Net realized and unrealized gain (loss) on investments | (0.17) | 0.17 | 0.01 | 0.60 | 0.01 | (0.79) |
Total from investment operations | (0.09) | 0.41 | 0.12 | 0.68 | 0.21 | (0.65) |
Less distributions | ||||||
From net investment income | (0.26) | (0.16) | (0.09) | (0.07) | (0.20) | (0.15) |
From net realized gain | (0.22) | (0.10) | (0.07) | (0.03) | (0.17) | (0.42) |
Total distributions | (0.48) | (0.26) | (0.16) | (0.10) | (0.37) | (0.57) |
Net asset value, end of period | $14.07 | $14.64 | $14.49 | $14.53 | $13.95 | $14.11 |
Total return (%)4 | (0.73)5 | 2.95 | 0.85 | 4.87 | 1.51 | (4.31) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1 | $2 | $3 | $4 | $7 | $2 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions6 | 0.947 | 0.87 | 0.83 | 0.82 | 0.81 | 1.02 |
Expenses including reductions6 | 0.757 | 0.74 | 0.70 | 0.69 | 0.67 | 0.69 |
Net investment income3 | 1.047 | 1.67 | 0.78 | 0.60 | 1.43 | 1.02 |
Portfolio turnover (%) | 25 | 39 | 18 | 10 | 17 | 45 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
7 | Annualized. |
16 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $14.69 | $14.54 | $14.58 | $13.99 | $14.15 | $15.36 |
Net investment income2,3 | 0.05 | 0.27 | 0.15 | 0.12 | 0.14 | 0.20 |
Net realized and unrealized gain (loss) on investments | (0.13) | 0.18 | 0.01 | 0.60 | 0.10 | (0.80) |
Total from investment operations | (0.08) | 0.45 | 0.16 | 0.72 | 0.24 | (0.60) |
Less distributions | ||||||
From net investment income | (0.29) | (0.20) | (0.13) | (0.10) | (0.23) | (0.19) |
From net realized gain | (0.22) | (0.10) | (0.07) | (0.03) | (0.17) | (0.42) |
Total distributions | (0.51) | (0.30) | (0.20) | (0.13) | (0.40) | (0.61) |
Net asset value, end of period | $14.10 | $14.69 | $14.54 | $14.58 | $13.99 | $14.15 |
Total return (%)4 | (0.62)5 | 3.22 | 1.10 | 5.18 | 1.79 | (3.99) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—6 | $—6 | $1 | $5 | $4 | $—6 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions7 | 0.798 | 0.73 | 0.67 | 0.66 | 0.67 | 2.23 |
Expenses including reductions7 | 0.508 | 0.50 | 0.44 | 0.44 | 0.43 | 0.40 |
Net investment income3 | 0.658 | 1.76 | 1.05 | 0.85 | 1.00 | 1.44 |
Portfolio turnover (%) | 25 | 39 | 18 | 10 | 17 | 45 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Less than $500,000. |
7 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
8 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 17 |
CLASS R6 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $14.69 | $14.54 | $14.58 | $13.99 | $14.15 | $15.39 |
Net investment income2,3 | 0.12 | 0.32 | 0.18 | 0.16 | 0.21 | 0.24 |
Net realized and unrealized gain (loss) on investments | (0.17) | 0.16 | 0.02 | 0.60 | 0.07 | (0.81) |
Total from investment operations | (0.05) | 0.48 | 0.20 | 0.76 | 0.28 | (0.57) |
Less distributions | ||||||
From net investment income | (0.33) | (0.23) | (0.17) | (0.14) | (0.27) | (0.25) |
From net realized gain | (0.22) | (0.10) | (0.07) | (0.03) | (0.17) | (0.42) |
Total distributions | (0.55) | (0.33) | (0.24) | (0.17) | (0.44) | (0.67) |
Net asset value, end of period | $14.09 | $14.69 | $14.54 | $14.58 | $13.99 | $14.15 |
Total return (%)4 | (0.45)5 | 3.49 | 1.34 | 5.45 | 2.05 | (3.74) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $21 | $26 | $18 | $15 | $16 | $9 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions6 | 0.447 | 0.37 | 0.32 | 0.31 | 0.32 | 0.34 |
Expenses including reductions6 | 0.257 | 0.24 | 0.20 | 0.18 | 0.17 | 0.13 |
Net investment income3 | 1.637 | 2.23 | 1.26 | 1.11 | 1.52 | 1.66 |
Portfolio turnover (%) | 25 | 39 | 18 | 10 | 17 | 45 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
7 | Annualized. |
18 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Notes to financial statements (unaudited) |
SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 19 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $387,667,674 | $387,667,674 | — | — |
Unaffiliated investment companies | 142,144,102 | 142,144,102 | — | — |
Short-term investments | 5,689,207 | 59,897 | $5,629,310 | — |
Total investments in securities | $535,500,983 | $529,871,673 | $5,629,310 | — |
20 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 21 |
22 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT |
First $5.0 billion of average net assets | Excess over $5.0 billion of average net assets | |
Assets in a fund of the JHF II or JHF III | 0.100% | 0.075% |
Other assets | 0.550% | 0.525% |
Class | Expense reduction |
Class A | $69,829 |
Class C | 39,012 |
Class I | 416,329 |
Class R2 | 1,588 |
Class | Expense reduction |
Class R4 | $142 |
Class R6 | 22,369 |
Total | $549,269 |
SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 23 |
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% |
24 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $106,684 | $43,786 |
Class C | 199,120 | 24,524 |
Class I | — | 260,204 |
Class R2 | 4,118 | 109 |
Class R4 | 273 | 10 |
Class R6 | — | 1,511 |
Total | $310,195 | $330,144 |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 254,191 | $3,718,817 | 795,055 | $11,305,156 |
Distributions reinvested | 154,878 | 2,244,177 | 115,120 | 1,574,839 |
Repurchased | (647,917) | (9,475,017) | (2,428,928) | (34,635,963) |
Net decrease | (238,848) | $(3,512,023) | (1,518,753) | $(21,755,968) |
Class C shares | ||||
Sold | 26,153 | $384,098 | 96,697 | $1,388,854 |
Distributions reinvested | 68,875 | 1,002,820 | 42,160 | 579,700 |
Repurchased | (385,620) | (5,653,107) | (1,146,343) | (16,394,140) |
Net decrease | (290,592) | $(4,266,189) | (1,007,486) | $(14,425,586) |
Class I shares | ||||
Sold | 3,263,746 | $47,758,838 | 9,148,547 | $130,782,292 |
Distributions reinvested | 942,827 | 13,652,128 | 620,211 | 8,484,484 |
Repurchased | (3,943,947) | (57,633,529) | (16,047,812) | (228,661,790) |
Net increase (decrease) | 262,626 | $3,777,437 | (6,279,054) | $(89,395,014) |
SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 25 |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class R2 shares | ||||
Sold | 9,324 | $136,066 | 31,389 | $448,503 |
Distributions reinvested | 2,864 | 41,474 | 2,947 | 40,280 |
Repurchased | (74,503) | (1,092,618) | (54,897) | (777,693) |
Net decrease | (62,315) | $(915,078) | (20,561) | $(288,910) |
Class R4 shares | ||||
Sold | 5,051 | $73,964 | 6,916 | $98,951 |
Distributions reinvested | 83 | 1,208 | 300 | 4,113 |
Repurchased | (16,325) | (242,275) | (86,274) | (1,248,855) |
Net decrease | (11,191) | $(167,103) | (79,058) | $(1,145,791) |
Class R6 shares | ||||
Sold | 198,325 | $2,905,953 | 1,309,202 | $18,559,247 |
Distributions reinvested | 55,291 | 800,607 | 47,502 | 649,346 |
Repurchased | (561,751) | (8,249,607) | (801,314) | (11,429,585) |
Net increase (decrease) | (308,135) | $(4,543,047) | 555,390 | $7,779,008 |
Total net decrease | (648,455) | $(9,626,003) | (8,349,522) | $(119,232,261) |
Portfolio | Underlying fund’s net assets |
JHF Alternative Risk Premia Fund | 22.2% |
JHF Diversified Macro Fund | 17.4% |
JHF Seaport Long/Short Fund | 10.3% |
JHF II Multi-Asset Absolute Return Fund | 9.2% |
JHF Infrastructure Fund | 5.8% |
JHF II Short Duration Credit Opportunities Fund | 5.2% |
JHF II Absolute Return Currency Fund | 5.0% |
26 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Absolute Return Currency | 2,522,368 | $40,391,711 | $2,443,781 | $(19,808,530) | $(776,996) | $1,132,383 | $714,019 | — | $23,382,349 |
Alternative Risk Premia | 3,378,538 | — | 34,774,414 | (993,772) | (2,990) | (1,411,255) | 12,260 | — | 32,366,397 |
Disciplined Alternative Yield | — | 66,558,006 | 7,831,656 | (69,333,617) | (2,983,177) | (2,072,868) | 604,346 | $7,227,310 | — |
Diversified Macro | 4,554,558 | 45,326,846 | 3,667,285 | (2,005,400) | 19,617 | (5,744,049) | — | 1,592,220 | 41,264,299 |
Infrastructure | 1,952,333 | 26,629,522 | 2,692,422 | (3,991,445) | 462,505 | (686,007) | 251,041 | 820,426 | 25,106,997 |
John Hancock Collateral Trust* | — | 885,879 | 48,485,210 | (49,372,039) | 923 | 27 | 8,916 | — | — |
Multi-Asset Absolute Return | 5,755,675 | 28,253,887 | 27,484,135 | (2,672,699) | (453,353) | (5,101) | — | — | 52,606,869 |
Seaport Long/Short | 6,538,507 | 50,138,430 | 26,527,501 | (986,662) | 84,750 | (113,498) | 697,955 | — | 75,650,521 |
Short Duration Credit Opportunities | 4,387,528 | 62,204,274 | 1,513,642 | (21,975,076) | (1,145,396) | 1,215,698 | 927,839 | — | 41,813,142 |
Strategic Income Opportunities | 5,792,349 | 74,789,294 | 1,540,397 | (14,550,736) | (151,293) | 234,624 | 774,866 | — | 61,862,286 |
$(4,945,410) | $(7,450,046) | $3,991,242 | $9,639,956 | $354,052,860 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
SEMIANNUAL REPORT | JOHN HANCOCK Alternative Asset Allocation Fund | 27 |
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 |
Credit Suisse Managed Futures Strategy Fund | 2,656,220 | $24,056,171 | $5,058,784 | $(969,242) | $(49,805) | $(3,552,435) | $428,413 | — | $24,543,473 |
Invesco DB Gold Fund | 194,372 | 10,651,123 | 979,824 | (2,662,882) | 481,674 | (378,398) | 195,898 | — | 9,071,341 |
$431,869 | $(3,930,833) | $624,311 | — | $33,614,814 |
28 | JOHN HANCOCK Alternative Asset Allocation Fund | SEMIANNUAL REPORT |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor Manulife Investment Management (US) LLC Portfolio Managers Nathan W. Thooft, CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The fund's proxy voting policies and procedures, as well as the fund proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the fund's holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund's Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your fund, as well asmonthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investment Management at 800-225-5291, or visit our website at jhinvestments.com. Please read the prospectus carefully before investing or sending money.
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed
from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP.
Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the
John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no
representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager
representing one of America's most trusted brands, with a heritage of
financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why
we support the role of professional financial advice and operate with
the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach:
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide
a diverse set of investments backed by some of the world's best
managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Alternative Asset Allocation Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105592 | 345SA 2/20 4/2020 |
John Hancock
Blue Chip Growth Fund
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A and Class C shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent markets tumbling during the last week of the period. Prior to the turbulence that ended the period, investors benefited from a combination of low inflation, accommodative central bank policy, healthy fundamentals, and corporate buybacks of stock.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered short-term interest rates while lawmakers embarked on a plan to launch major fiscal stimulus to support the economy.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
John Hancock
Blue Chip Growth Fund
INVESTMENT OBJECTIVE
The fund seeks to provide long-term growth of capital. Current income is a secondary objective.
AVERAGE ANNUAL TOTAL RETURNS AS OF 2/29/2020 (%)
The S&P 500 Index is an unmanaged index that includes 500 widely traded common stocks.
The Russell 1000 Growth Index is an unmanaged index of stocks in the Russell 1000 Index (the 1,000 largest U.S. publicly traded companies) with higher price-to-book ratios and higher forecasted growth values.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower.
1 | Class A shares were first offered on 3-27-15. Returns prior to this date are those of Class NAV shares and have not been adjusted for class-specific expenses; otherwise, returns would vary. |
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund's objectives, risks, and strategy, see the fund's prospectus. The fund recently experienced negative short-term performance due to market volatility associated with the COVID-19 pandemic.
SECTOR COMPOSITION AS OF 2/29/2020 (%)
TOP 10 HOLDINGS AS OF 2/29/2020 (%)
Amazon.com, Inc. | 9.4 |
Facebook, Inc., Class A | 6.4 |
Alphabet, Inc., Class C | 5.7 |
Microsoft Corp. | 5.4 |
Alibaba Group Holding, Ltd., ADR | 4.5 |
Visa, Inc., Class A | 3.7 |
Mastercard, Inc., Class A | 3.2 |
Apple, Inc. | 3.0 |
Tencent Holdings, Ltd. | 2.6 |
ServiceNow, Inc. | 2.3 |
TOTAL | 46.2 |
As a percentage of net assets. | |
Cash and cash equivalents are not included. |
COUNTRY COMPOSITION AS OF 2/29/2020 (%)
United States | 89.5 |
China | 7.2 |
United Kingdom | 1.4 |
Other countries | 1.9 |
TOTAL | 100.0 |
As a percentage of net assets. |
A note about risks
The fund may be subject to various risks as described in the fund's prospectus. For more information, please refer to the "Principal risks" section of the prospectus and "Subsequent events" section in the Notes to financial statements.
TOTAL RETURNS FOR THE PERIOD ENDED FEBRUARY 29, 2020
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||||
1-year | 5-year | 10-year | 6-month | 5-year | 10-year | ||
Class A1 | 3.37 | 11.24 | 14.86 | -1.68 | 70.37 | 299.78 | |
Class C1 | 7.05 | 11.58 | 15.03 | 2.13 | 72.92 | 305.64 | |
Class 12 | 9.21 | 12.74 | 15.60 | 3.69 | 82.16 | 326.21 | |
Class NAV2 | 9.27 | 12.80 | 15.66 | 3.70 | 82.64 | 328.44 | |
Index 1† | 8.19 | 9.23 | 12.65 | 1.92 | 55.49 | 229.18 | |
Index 2† | 15.11 | 12.41 | 14.79 | 5.40 | 79.51 | 297.12 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charges on Class A shares of 5% and the applicable contingent deferred sales charge (CDSC) on Class C shares. Class C shares sold within one year of purchase are subject to a 1% CDSC. Sales charges are not applicable to Class 1 and Class NAV shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The expense ratios are as follows:
Class A | Class C | Class 1 | Class NAV | ||||
Gross (%) | 1.21 | 1.91 | 0.84 | 0.79 | |||
Net (%) | 1.14 | 1.89 | 0.83 | 0.78 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the fund's website at jhinvestments.com.
The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. The fund's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
† | Index 1 is the S&P 500 Index; Index 2 is the Russell 1000 Growth Index. |
See the following page for footnotes.
This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Blue Chip Growth Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two separate indexes.
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | |
Class C1,3 | 2-28-10 | 40,564 | 40,564 | 32,918 | 39,712 |
Class 12 | 2-28-10 | 42,621 | 42,621 | 32,918 | 39,712 |
Class NAV2 | 2-28-10 | 42,844 | 42,844 | 32,918 | 39,712 |
The S&P 500 Index is an unmanaged index that includes 500 widely traded common stocks.
The Russell 1000 Growth Index is an unmanaged index of stocks in the Russell 1000 Index (the 1,000 largest U.S. publicly traded companies) with high price-to-book ratios and higher forecasted growth expectations.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Footnotes related to performance pages
1 | Class A and Class C shares were first offered on 3-27-15. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund's prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
Your expenses |
SEMIANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 7 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,035.00 | $5.77 | 1.14% |
Hypothetical example | 1,000.00 | 1,019.20 | 5.72 | 1.14% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,031.30 | 9.49 | 1.88% |
Hypothetical example | 1,000.00 | 1,015.50 | 9.42 | 1.88% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,036.90 | 4.10 | 0.81% |
Hypothetical example | 1,000.00 | 1,020.80 | 4.07 | 0.81% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 1,037.00 | 3.85 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.82 | 0.76% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
8 | JOHN HANCOCK BLUE CHIP GROWTH FUND | SEMIANNUAL REPORT |
Fund’s investments |
Shares | Value | ||||
Common stocks 100.0% | $3,901,163,958 | ||||
(Cost $1,890,987,697) | |||||
Communication services 19.1% | 744,718,047 | ||||
Entertainment 2.6% | |||||
Electronic Arts, Inc. (A) | 58,500 | 5,930,145 | |||
Netflix, Inc. (A) | 227,302 | 83,881,257 | |||
Spotify Technology SA (A) | 71,438 | 9,795,579 | |||
Interactive media and services 16.5% | |||||
Alphabet, Inc., Class A (A) | 38,306 | 51,301,311 | |||
Alphabet, Inc., Class C (A) | 167,033 | 223,712,308 | |||
Facebook, Inc., Class A (A) | 1,290,531 | 248,388,502 | |||
InterActiveCorp (A) | 103,157 | 21,037,839 | |||
Match Group, Inc. (A)(B) | 4,165 | 270,725 | |||
Tencent Holdings, Ltd. | 1,980,100 | 100,400,381 | |||
Consumer discretionary 20.2% | 789,324,214 | ||||
Auto components 0.3% | |||||
Aptiv PLC | 155,122 | 12,116,579 | |||
Automobiles 0.1% | |||||
Ferrari NV | 22,515 | 3,551,738 | |||
Hotels, restaurants and leisure 1.2% | |||||
Chipotle Mexican Grill, Inc. (A) | 4,927 | 3,811,429 | |||
Hilton Worldwide Holdings, Inc. | 165,362 | 16,073,186 | |||
Marriott International, Inc., Class A | 105,142 | 13,037,608 | |||
McDonald's Corp. | 14,000 | 2,718,380 | |||
Restaurant Brands International, Inc. | 15,970 | 934,245 | |||
Wynn Resorts, Ltd. | 51,279 | 5,537,106 | |||
Yum! Brands, Inc. | 46,222 | 4,125,314 | |||
Internet and direct marketing retail 15.1% | |||||
Alibaba Group Holding, Ltd., ADR (A) | 840,459 | 174,815,472 | |||
Amazon.com, Inc. (A) | 194,414 | 366,227,373 | |||
Booking Holdings, Inc. (A) | 25,492 | 43,225,765 | |||
Trip.com Group, Ltd., ADR (A) | 163,494 | 4,963,678 | |||
Multiline retail 1.3% | |||||
Dollar General Corp. | 305,613 | 45,933,634 | |||
Dollar Tree, Inc. (A) | 79,005 | 6,559,785 | |||
Specialty retail 1.2% | |||||
Ross Stores, Inc. | 335,749 | 36,522,776 | |||
The TJX Companies, Inc. | 150,605 | 9,006,179 | |||
Textiles, apparel and luxury goods 1.0% | |||||
Lululemon Athletica, Inc. (A) | 90,403 | 19,654,516 | |||
NIKE, Inc., Class B | 223,289 | 19,957,571 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 9 |
Shares | Value | ||||
Consumer discretionary (continued) | |||||
Textiles, apparel and luxury goods (continued) | |||||
VF Corp. | 7,665 | $551,880 | |||
Consumer staples 0.0% | 397,411 | ||||
Beverages 0.0% | |||||
Constellation Brands, Inc., Class A | 1,783 | 307,354 | |||
Tobacco 0.0% | |||||
Philip Morris International, Inc. | 1,100 | 90,057 | |||
Energy 0.1% | 2,125,261 | ||||
Oil, gas and consumable fuels 0.1% | |||||
Concho Resources, Inc. | 3,102 | 210,998 | |||
Pioneer Natural Resources Company | 15,591 | 1,914,263 | |||
Financials 4.5% | 173,586,484 | ||||
Banks 0.0% | |||||
Citigroup, Inc. | 15,124 | 959,769 | |||
JPMorgan Chase & Co. | 5,861 | 680,521 | |||
Capital markets 2.8% | |||||
Intercontinental Exchange, Inc. | 222,296 | 19,833,249 | |||
Morgan Stanley | 377,869 | 17,015,441 | |||
MSCI, Inc. | 5,500 | 1,624,920 | |||
S&P Global, Inc. | 87,564 | 23,284,143 | |||
State Street Corp. | 138,307 | 9,420,090 | |||
TD Ameritrade Holding Corp. | 383,658 | 16,201,877 | |||
The Charles Schwab Corp. | 265,255 | 10,809,141 | |||
The Goldman Sachs Group, Inc. | 47,550 | 9,546,614 | |||
Insurance 1.7% | |||||
American International Group, Inc. | 68,282 | 2,878,769 | |||
Chubb, Ltd. | 73,212 | 10,617,936 | |||
Marsh & McLennan Companies, Inc. | 134,659 | 14,079,945 | |||
Willis Towers Watson PLC | 193,575 | 36,634,069 | |||
Health care 14.7% | 574,998,404 | ||||
Biotechnology 2.6% | |||||
AbbVie, Inc. | 65,500 | 5,614,005 | |||
Alexion Pharmaceuticals, Inc. (A) | 109,374 | 10,284,437 | |||
Amgen, Inc. | 947 | 189,144 | |||
Biogen, Inc. (A) | 11,400 | 3,515,646 | |||
Exact Sciences Corp. (A) | 92,881 | 7,518,717 | |||
Incyte Corp. (A) | 16,208 | 1,222,245 | |||
Regeneron Pharmaceuticals, Inc. (A) | 4,754 | 2,113,486 | |||
Seattle Genetics, Inc. (A) | 29,669 | 3,378,112 | |||
Vertex Pharmaceuticals, Inc. (A) | 299,283 | 67,048,370 |
10 | JOHN HANCOCK BLUE CHIP GROWTH FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Health care (continued) | |||||
Health care equipment and supplies 5.3% | |||||
Abbott Laboratories | 26,428 | $2,035,749 | |||
Becton, Dickinson and Company | 161,992 | 38,524,937 | |||
Danaher Corp. | 315,684 | 45,641,593 | |||
Intuitive Surgical, Inc. (A) | 101,291 | 54,085,342 | |||
Stryker Corp. | 340,089 | 64,817,563 | |||
Teleflex, Inc. | 2,592 | 868,372 | |||
Health care providers and services 5.4% | |||||
Anthem, Inc. | 102,831 | 26,436,822 | |||
Centene Corp. (A) | 497,186 | 26,360,802 | |||
Cigna Corp. | 369,640 | 67,621,942 | |||
HCA Healthcare, Inc. | 170,002 | 21,591,954 | |||
UnitedHealth Group, Inc. | 272,530 | 69,484,249 | |||
Health care technology 0.1% | |||||
Veeva Systems, Inc., Class A (A) | 30,871 | 4,382,756 | |||
Life sciences tools and services 1.1% | |||||
Agilent Technologies, Inc. | 8,894 | 685,461 | |||
Thermo Fisher Scientific, Inc. | 143,637 | 41,769,640 | |||
Pharmaceuticals 0.2% | |||||
Zoetis, Inc. | 73,610 | 9,807,060 | |||
Industrials 5.4% | 212,538,182 | ||||
Aerospace and defense 2.4% | |||||
L3Harris Technologies, Inc. | 55,231 | 10,920,826 | |||
Northrop Grumman Corp. | 45,104 | 14,831,999 | |||
The Boeing Company | 244,317 | 67,214,050 | |||
Airlines 0.2% | |||||
United Airlines Holdings, Inc. (A) | 92,299 | 5,684,695 | |||
Commercial services and supplies 0.1% | |||||
Cintas Corp. | 15,694 | 4,186,218 | |||
Industrial conglomerates 1.0% | |||||
General Electric Company | 528,000 | 5,744,640 | |||
Honeywell International, Inc. | 53,423 | 8,663,608 | |||
Roper Technologies, Inc. | 74,305 | 26,133,069 | |||
Machinery 0.0% | |||||
Fortive Corp. | 18,743 | 1,296,266 | |||
Professional services 0.9% | |||||
CoStar Group, Inc. (A) | 33,627 | 22,449,049 | |||
Equifax, Inc. | 70,890 | 10,069,216 | |||
IHS Markit, Ltd. | 54,385 | 3,874,387 | |||
Road and rail 0.8% | |||||
Canadian Pacific Railway, Ltd. | 35,365 | 8,797,751 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 11 |
Shares | Value | ||||
Industrials (continued) | |||||
Road and rail (continued) | |||||
Kansas City Southern | 26,380 | $3,974,938 | |||
Norfolk Southern Corp. | 47,639 | 8,686,972 | |||
Union Pacific Corp. | 62,640 | 10,010,498 | |||
Information technology 35.3% | 1,376,871,449 | ||||
Communications equipment 0.0% | |||||
Motorola Solutions, Inc. | 2,045 | 338,816 | |||
IT services 14.3% | |||||
Automatic Data Processing, Inc. | 13,204 | 2,043,187 | |||
Fidelity National Information Services, Inc. | 480,957 | 67,199,312 | |||
Fiserv, Inc. (A) | 543,080 | 59,391,229 | |||
FleetCor Technologies, Inc. (A) | 55,386 | 14,721,045 | |||
Global Payments, Inc. | 423,260 | 77,867,142 | |||
Mastercard, Inc., Class A | 436,563 | 126,712,411 | |||
PayPal Holdings, Inc. (A) | 603,381 | 65,159,114 | |||
Visa, Inc., Class A | 802,185 | 145,805,146 | |||
Semiconductors and semiconductor equipment 2.9% | |||||
Advanced Micro Devices, Inc. (A) | 288,289 | 13,111,384 | |||
Applied Materials, Inc. | 319,525 | 18,570,793 | |||
Broadcom, Inc. | 1,091 | 297,428 | |||
KLA Corp. | 17,757 | 2,729,428 | |||
Lam Research Corp. | 46,563 | 13,662,981 | |||
Marvell Technology Group, Ltd. | 605,308 | 12,893,060 | |||
Maxim Integrated Products, Inc. | 61,033 | 3,394,655 | |||
Microchip Technology, Inc. (B) | 23,894 | 2,167,425 | |||
NVIDIA Corp. | 123,688 | 33,404,418 | |||
QUALCOMM, Inc. | 94,055 | 7,364,507 | |||
Texas Instruments, Inc. | 52,648 | 6,009,243 | |||
Software 15.1% | |||||
Atlassian Corp. PLC, Class A (A) | 69,192 | 10,030,072 | |||
Coupa Software, Inc. (A) | 10,172 | 1,523,257 | |||
DocuSign, Inc. (A) | 127,590 | 11,012,293 | |||
Intuit, Inc. | 289,991 | 77,094,107 | |||
Microsoft Corp. | 1,291,657 | 209,261,351 | |||
Paycom Software, Inc. (A) | 31,419 | 8,880,580 | |||
salesforce.com, Inc. (A) | 466,573 | 79,504,039 | |||
ServiceNow, Inc. (A) | 274,289 | 89,442,900 | |||
Splunk, Inc. (A) | 217,685 | 32,071,531 | |||
Synopsys, Inc. (A) | 68,667 | 9,471,239 | |||
VMware, Inc., Class A (A) | 131,859 | 15,891,647 | |||
Workday, Inc., Class A (A) | 248,325 | 43,022,306 |
12 | JOHN HANCOCK BLUE CHIP GROWTH FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Information technology (continued) | |||||
Technology hardware, storage and peripherals 3.0% | |||||
Apple, Inc. | 427,361 | $116,823,403 | |||
Materials 0.5% | 19,404,099 | ||||
Chemicals 0.5% | |||||
Air Products & Chemicals, Inc. | 1,936 | 425,165 | |||
Linde PLC | 64,938 | 12,403,807 | |||
The Sherwin-Williams Company | 12,724 | 6,575,127 | |||
Real estate 0.0% | 202,306 | ||||
Equity real estate investment trusts 0.0% | |||||
American Tower Corp. | 892 | 202,306 | |||
Utilities 0.2% | 6,998,101 | ||||
Electric utilities 0.0% | |||||
NextEra Energy, Inc. | 1,585 | 400,625 | |||
Multi-utilities 0.2% | |||||
Sempra Energy | 47,199 | 6,597,476 | |||
Yield (%) | Shares | Value | |||
Short-term investments 0.6% | $23,644,269 | ||||
(Cost $23,644,006) | |||||
Short-term funds 0.6% | 23,644,269 | ||||
John Hancock Collateral Trust (C) | 1.6968(D) | 72,235 | 722,990 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 1.5386(D) | 500,000 | 500,000 | ||
T. Rowe Price Government Reserve Fund | 1.5799(D) | 22,421,279 | 22,421,279 |
Total investments (Cost $1,914,631,703) 100.6% | $3,924,808,227 | ||||
Other assets and liabilities, net (0.6%) | (21,596,018) | ||||
Total net assets 100.0% | $3,903,212,209 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 2-29-20. |
(C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 2-29-20. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK BLUE CHIP GROWTH FUND | 13 |
Financial statements |
Assets | |
Unaffiliated investments, at value (Cost $1,913,908,976) including $707,676 of securities loaned | $3,924,085,237 |
Affiliated investments, at value (Cost $722,727) | 722,990 |
Total investments, at value (Cost $1,914,631,703) | 3,924,808,227 |
Dividends and interest receivable | 2,297,789 |
Receivable for fund shares sold | 5,215,242 |
Receivable for investments sold | 6,284,655 |
Receivable for securities lending income | 8,989 |
Receivable from affiliates | 3,485 |
Other assets | 116,727 |
Total assets | 3,938,735,114 |
Liabilities | |
Payable for investments purchased | 14,140,670 |
Payable for fund shares repurchased | 20,261,234 |
Payable upon return of securities loaned | 722,193 |
Payable to affiliates | |
Accounting and legal services fees | 108,338 |
Transfer agent fees | 71,141 |
Trustees' fees | 6,935 |
Other liabilities and accrued expenses | 212,394 |
Total liabilities | 35,522,905 |
Net assets | $3,903,212,209 |
Net assets consist of | |
Paid-in capital | $1,830,104,151 |
Total distributable earnings (loss) | 2,073,108,058 |
Net assets | $3,903,212,209 |
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 ($634,227,266 ÷ 15,362,915 shares)1 | $41.28 |
Class C ($74,543,664 ÷ 1,889,128 shares)1 | $39.46 |
Class 1 ($1,743,350,820 ÷ 41,478,877 shares) | $42.03 |
Class NAV ($1,451,090,459 ÷ 34,445,933 shares) | $42.13 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $43.45 |
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 $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
14 | JOHN HANCOCK Blue Chip Growth Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $12,095,374 |
Securities lending | 185,052 |
Interest | 137,460 |
Less foreign taxes withheld | (31,457) |
Total investment income | 12,386,429 |
Expenses | |
Investment management fees | 15,242,581 |
Distribution and service fees | 1,777,368 |
Accounting and legal services fees | 367,854 |
Transfer agent fees | 429,934 |
Trustees' fees | 35,841 |
Custodian fees | 237,063 |
State registration fees | 37,295 |
Printing and postage | 31,919 |
Professional fees | 57,648 |
Other | 59,281 |
Total expenses | 18,276,784 |
Less expense reductions | (825,869) |
Net expenses | 17,450,915 |
Net investment loss | (5,064,486) |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 103,195,319 |
Affiliated investments | 584 |
103,195,903 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | 50,031,997 |
Affiliated investments | 456 |
50,032,453 | |
Net realized and unrealized gain | 153,228,356 |
Increase in net assets from operations | $148,163,870 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 15 |
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment loss | $(5,064,486) | $(274,920) |
Net realized gain | 103,195,903 | 42,366,967 |
Change in net unrealized appreciation (depreciation) | 50,032,453 | 86,886,027 |
Increase in net assets resulting from operations | 148,163,870 | 128,978,074 |
Distributions to shareholders | ||
From earnings | ||
Class A | (9,393,035) | (31,876,159) |
Class C | (1,190,326) | (4,536,502) |
Class 1 | (27,066,770) | (107,986,260) |
Class NAV | (22,236,121) | (96,204,768) |
Total distributions | (59,886,252) | (240,603,689) |
From fund share transactions | (143,254,493) | 881,241,204 |
Total increase (decrease) | (54,976,875) | 769,615,589 |
Net assets | ||
Beginning of period | 3,958,189,084 | 3,188,573,495 |
End of period | $3,903,212,209 | $3,958,189,084 |
16 | JOHN HANCOCK Blue Chip Growth Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial highlights |
CLASS A SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $40.48 | $42.40 | $38.65 | $32.33 | $34.71 | $34.99 |
Net investment loss3 | (0.11) | (0.12) | (0.16) | (0.09) | (0.10) | (0.07) |
Net realized and unrealized gain (loss) on investments | 1.55 | 0.84 | 9.76 | 8.37 | 2.01 | (0.21) |
Total from investment operations | 1.44 | 0.72 | 9.60 | 8.28 | 1.91 | (0.28) |
Less distributions | ||||||
From net realized gain | (0.64) | (2.64) | (5.85) | (1.96) | (4.29) | — |
Net asset value, end of period | $41.28 | $40.48 | $42.40 | $38.65 | $32.33 | $34.71 |
Total return (%)4 | 3.505 | 3.14 | 27.50 | 27.10 | 5.37 | (0.80)5 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $634 | $579 | $477 | $286 | $222 | $46 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.217 | 1.20 | 1.20 | 1.24 | 1.24 | 1.247 |
Expenses including reductions | 1.147 | 1.14 | 1.14 | 1.14 | 1.14 | 1.147 |
Net investment loss | (0.53)7 | (0.30) | (0.40) | (0.25) | (0.31) | (0.44)7 |
Portfolio turnover (%) | 17 | 38 | 25 | 26 | 34 | 318 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class A shares is 3-27-15. |
3 | Based on average daily shares outstanding. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Does not reflect the effect of sales charges, if any. |
7 | Annualized. |
8 | Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 17 |
CLASS C SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $38.86 | $41.11 | $37.89 | $31.96 | $34.60 | $34.99 |
Net investment loss3 | (0.26) | (0.39) | (0.43) | (0.34) | (0.33) | (0.18) |
Net realized and unrealized gain (loss) on investments | 1.50 | 0.78 | 9.50 | 8.23 | 1.98 | (0.21) |
Total from investment operations | 1.24 | 0.39 | 9.07 | 7.89 | 1.65 | (0.39) |
Less distributions | ||||||
From net realized gain | (0.64) | (2.64) | (5.85) | (1.96) | (4.29) | — |
Net asset value, end of period | $39.46 | $38.86 | $41.11 | $37.89 | $31.96 | $34.60 |
Total return (%)4 | 3.135 | 2.40 | 26.56 | 26.16 | 4.57 | (1.11)5 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $75 | $74 | $66 | $36 | $36 | $10 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.917 | 1.90 | 1.90 | 1.94 | 1.94 | 1.947 |
Expenses including reductions | 1.887 | 1.87 | 1.86 | 1.89 | 1.89 | 1.897 |
Net investment loss | (1.27)7 | (1.03) | (1.12) | (1.00) | (1.06) | (1.19)7 |
Portfolio turnover (%) | 17 | 38 | 25 | 26 | 34 | 318 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class C shares is 3-27-15. |
3 | Based on average daily shares outstanding. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Does not reflect the effect of sales charges, if any. |
7 | Annualized. |
8 | Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
18 | JOHN HANCOCK Blue Chip Growth Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS 1 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $41.13 | $42.89 | $38.92 | $32.46 | $34.75 | $35.98 |
Net investment income (loss)2 | (0.04) | 0.01 | (0.03) | 0.02 | (0.01) | —3 |
Net realized and unrealized gain (loss) on investments | 1.58 | 0.87 | 9.85 | 8.41 | 2.02 | 2.44 |
Total from investment operations | 1.54 | 0.88 | 9.82 | 8.43 | 2.01 | 2.44 |
Less distributions | ||||||
From net investment income | — | — | — | (0.01) | (0.01) | — |
From net realized gain | (0.64) | (2.64) | (5.85) | (1.96) | (4.29) | (3.67) |
Total distributions | (0.64) | (2.64) | (5.85) | (1.97) | (4.30) | (3.67) |
Net asset value, end of period | $42.03 | $41.13 | $42.89 | $38.92 | $32.46 | $34.75 |
Total return (%)4 | 3.695 | 3.50 | 27.92 | 27.49 | 5.67 | 7.25 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1,743 | $1,804 | $1,763 | $1,306 | $1,065 | $969 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.846 | 0.84 | 0.84 | 0.87 | 0.87 | 0.86 |
Expenses including reductions | 0.816 | 0.81 | 0.80 | 0.83 | 0.83 | 0.82 |
Net investment income (loss) | (0.20)6 | 0.04 | (0.07) | 0.06 | (0.03) | 0.01 |
Portfolio turnover (%) | 17 | 38 | 25 | 26 | 34 | 31 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Less than $0.005 per share. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 19 |
CLASS NAV SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $41.22 | $42.95 | $38.95 | $32.48 | $34.76 | $35.97 |
Net investment income (loss)2 | (0.03) | 0.04 | (0.01) | 0.04 | 0.01 | 0.02 |
Net realized and unrealized gain (loss) on investments | 1.58 | 0.87 | 9.86 | 8.41 | 2.02 | 2.44 |
Total from investment operations | 1.55 | 0.91 | 9.85 | 8.45 | 2.03 | 2.46 |
Less distributions | ||||||
From net investment income | — | — | — | (0.02) | (0.02) | — |
From net realized gain | (0.64) | (2.64) | (5.85) | (1.96) | (4.29) | (3.67) |
Total distributions | (0.64) | (2.64) | (5.85) | (1.98) | (4.31) | (3.67) |
Net asset value, end of period | $42.13 | $41.22 | $42.95 | $38.95 | $32.48 | $34.76 |
Total return (%)3 | 3.704 | 3.57 | 27.98 | 27.54 | 5.74 | 7.31 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1,451 | $1,501 | $882 | $995 | $1,364 | $1,501 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.795 | 0.79 | 0.79 | 0.82 | 0.82 | 0.81 |
Expenses including reductions | 0.765 | 0.76 | 0.75 | 0.78 | 0.78 | 0.77 |
Net investment income (loss) | (0.15)5 | 0.09 | (0.02) | 0.11 | 0.02 | 0.06 |
Portfolio turnover (%) | 17 | 38 | 25 | 26 | 34 | 31 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Annualized. |
20 | JOHN HANCOCK Blue Chip Growth Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Notes to financial statements (unaudited) |
SEMIANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 21 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $744,718,047 | $644,317,666 | $100,400,381 | — |
Consumer discretionary | 789,324,214 | 789,324,214 | — | — |
Consumer staples | 397,411 | 397,411 | — | — |
Energy | 2,125,261 | 2,125,261 | — | — |
Financials | 173,586,484 | 173,586,484 | — | — |
Health care | 574,998,404 | 574,998,404 | — | — |
Industrials | 212,538,182 | 212,538,182 | — | — |
Information technology | 1,376,871,449 | 1,376,871,449 | — | — |
Materials | 19,404,099 | 19,404,099 | — | — |
Real estate | 202,306 | 202,306 | — | — |
Utilities | 6,998,101 | 6,998,101 | — | — |
Short-term investments | 23,644,269 | 23,644,269 | — | — |
Total investments in securities | $3,924,808,227 | $3,824,407,846 | $100,400,381 | — |
22 | JOHN HANCOCK Blue Chip Growth Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 23 |
24 | JOHN HANCOCK Blue Chip Growth Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 25 |
Class | Expense reduction |
Class A | $231,334 |
Class C | 13,218 |
Class 1 | 318,336 |
Class | Expense reduction |
Class NAV | $262,981 |
Total | $825,869 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
Class 1 | 0.05% |
26 | JOHN HANCOCK Blue Chip Growth Fund | SEMIANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $934,201 | $382,885 |
Class C | 382,474 | 47,049 |
Class 1 | 460,693 | — |
Total | $1,777,368 | $429,934 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $5,174,265 | 3 | 1.550% | $668 |
SEMIANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 27 |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 2,207,338 | $93,984,530 | 5,015,903 | $194,760,060 |
Distributions reinvested | 219,942 | 9,389,308 | 968,455 | 31,823,443 |
Repurchased | (1,374,464) | (58,134,358) | (2,924,763) | (113,145,520) |
Net increase | 1,052,816 | $45,239,480 | 3,059,595 | $113,437,983 |
Class C shares | ||||
Sold | 165,280 | $6,767,287 | 613,911 | $23,111,190 |
Distributions reinvested | 29,033 | 1,186,280 | 142,720 | 4,524,235 |
Repurchased | (218,888) | (8,850,270) | (456,488) | (17,132,805) |
Net increase (decrease) | (24,575) | $(896,703) | 300,143 | $10,502,620 |
Class 1 shares | ||||
Sold | 550,439 | $23,703,184 | 2,720,603 | $108,259,458 |
Distributions reinvested | 623,227 | 27,066,770 | 3,241,857 | 107,986,260 |
Repurchased | (3,542,454) | (152,004,045) | (3,213,804) | (124,782,695) |
Net increase (decrease) | (2,368,788) | $(101,234,091) | 2,748,656 | $91,463,023 |
Class NAV shares | ||||
Sold | 2,019,585 | $90,909,372 | 20,543,504 | $872,256,5961 |
Distributions reinvested | 510,823 | 22,236,121 | 2,882,972 | 96,204,768 |
Repurchased | (4,502,276) | (199,508,672) | (7,550,727) | (302,623,786) |
Net increase (decrease) | (1,971,868) | $(86,363,179) | 15,875,749 | $665,837,578 |
Total net increase (decrease) | (3,312,415) | $(143,254,493) | 21,984,143 | $881,241,204 |
1 | Includes in-kind subscriptions of approximately $676.7 million by affiliates of the fund. The cost basis of the contributed securities is equal to the market value of the securities on the date of the subscription. |
28 | JOHN HANCOCK Blue Chip Growth Fund | SEMIANNUAL REPORT |
Portfolio | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 13.0% |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 9.3% |
John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | 5.5% |
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* | 72,235 | $5,547,856 | $112,036,614 | $(116,862,520) | $584 | $456 | $185,052 | — | $722,990 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
SEMIANNUAL REPORT | JOHN HANCOCK Blue Chip Growth Fund | 29 |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor T. Rowe Price Associates, Inc. Portfolio Manager Larry J. Puglia, CFA, CPA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The fund's proxy voting policies and procedures, as well as the fund proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the fund's holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund's Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your fund, as well asmonthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investment Management at 800-225-5291, or visit our website at jhinvestments.com. Please read the prospectus carefully before investing or sending money.
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed
from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP.
Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the
John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no
representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager
representing one of America's most trusted brands, with a heritage of
financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why
we support the role of professional financial advice and operate with
the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach:
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide
a diverse set of investments backed by some of the world's best
managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Blue Chip Growth Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105602 | 457SA 2/20 4/2020 |
John Hancock
Equity Income Fund
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A and Class C shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent markets tumbling during the last week of the period. Prior to the turbulence that ended the period, investors benefited from a combination of low inflation, accommodative central bank policy, healthy fundamentals, and corporate buybacks of stock.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered short-term interest rates while lawmakers embarked on a plan to launch major fiscal stimulus to support the economy.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
John Hancock
Equity Income Fund
INVESTMENT OBJECTIVE
The fund seeks to provide substantial dividend income and also long-term growth of capital.
AVERAGE ANNUAL TOTAL RETURNS AS OF 2/29/2020 (%)
The Russell 1000 Value Index is an unmanaged index containing those securities in the Russell 1000 Index with a less-than-average growth orientation.
The S&P 500 Index is an unmanaged index that includes 500 widely traded common stocks.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower.
1 | Class A shares were first offered on 3-27-15. Returns prior to this date are those of Class NAV shares and have not been adjusted for class-specific expenses; otherwise, returns would vary. |
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund's objectives, risks, and strategy, see the fund's prospectus. The fund recently experienced negative short-term performance due to market volatility associated with the COVID-19 pandemic.
SECTOR COMPOSITION AS OF 2/29/2020 (%)
TOP 10 HOLDINGS AS OF 2/29/2020 (%)
Wells Fargo & Company | 3.5 |
JPMorgan Chase & Co. | 3.0 |
The Southern Company | 2.6 |
QUALCOMM, Inc. | 2.6 |
Johnson & Johnson | 2.3 |
Chubb, Ltd. | 2.2 |
TOTAL SA, ADR | 2.2 |
General Electric Company | 2.1 |
TC Energy Corp. | 2.0 |
Philip Morris International, Inc. | 1.9 |
TOTAL | 24.4 |
As a percentage of net assets. | |
Cash and cash equivalents are not included. |
COUNTRY COMPOSITION AS OF 2/29/2020 (%)
United States | 89.8 |
France | 2.4 |
Switzerland | 2.3 |
Canada | 2.0 |
Ireland | 1.5 |
United Kingdom | 1.2 |
Other Countries | 0.8 |
TOTAL | 100.0 |
As a percentage of net assets. |
A note about risks
The fund may be subject to various risks as described in the fund's prospectus. For more information, please refer to the "Principal risks" section of the prospectus and "Subsequent events" section in the Notes to financial statements.
TOTAL RETURNS FOR THE PERIOD ENDED FEBRUARY 29, 2020
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized1 | ||||||||
1-year | 5-year | 10-year | 6-month | 5-year | 10-year | as of 2-29-20 | as of 2-29-20 | ||||
Class A2 | -5.67 | 3.45 | 8.43 | -8.38 | 18.48 | 124.59 | 2.01 | 1.98 | |||
Class C2 | -2.37 | 3.77 | 8.60 | -4.80 | 20.32 | 128.18 | 1.34 | 1.31 | |||
Class 13 | -0.36 | 4.87 | 9.14 | -3.39 | 26.84 | 139.72 | 2.53 | 2.50 | |||
Class NAV3 | -0.31 | 4.92 | 9.20 | -3.37 | 27.13 | 141.10 | 2.59 | 2.55 | |||
Index 1† | 0.54 | 5.51 | 10.40 | -1.69 | 30.73 | 168.89 | — | — | |||
Index 2† | 8.19 | 9.23 | 12.65 | 1.92 | 55.49 | 229.18 | — | — |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charges on Class A shares of 5.00% and the applicable contingent deferred sales charge (CDSC) on Class C shares. Class C shares sold within one year of purchase are subject to a 1% CDSC. Sales charges are not applicable to Class1 and Class NAV shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The expense ratios are as follows:
Class A | Class C | Class 1 | Class NAV | |
Gross (%) | 1.17 | 1.87 | 0.80 | 0.75 |
Net (%) | 1.14 | 1.86 | 0.79 | 0.74 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the fund's website at jhinvestments.com.
The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. The fund's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
† | Index 1 is the Russell 1000 Value Index; Index 2 is the S&P 500 Index. |
See the following page for footnotes.
This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Equity Income Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two separate indexes.
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | |
Class C2,4 | 2-28-10 | 22,818 | 22,818 | 26,889 | 32,918 |
Class 13 | 2-28-10 | 23,972 | 23,972 | 26,889 | 32,918 |
Class NAV3 | 2-28-10 | 24,110 | 24,110 | 26,889 | 32,918 |
The Russell 1000 Value Index is an unmanaged index containing those securities in the Russell 1000 Index with a less-than-average growth orientation.
The S&P 500 Index is an unmanaged index that includes 500 widely traded common stocks.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Footnotes related to performance pages
1 | Unsubsidized yield reflects what the yield would have been without the effect of reimbursements and waivers. |
2 | Class A and Class C shares were first offered on 3-27-15. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
3 | For certain types of investors as described in the fund's prospectuses. |
4 | The contingent deferred sales charge is not applicable. |
Your expenses |
SEMIANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 7 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $964.30 | $5.57 | 1.14% |
Hypothetical example | 1,000.00 | 1,019.20 | 5.72 | 1.14% | |
Class C | Actual expenses/actual returns | 1,000.00 | 961.00 | 8.97 | 1.84% |
Hypothetical example | 1,000.00 | 1,015.70 | 9.22 | 1.84% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 966.10 | 3.72 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.82 | 0.76% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 966.30 | 3.47 | 0.71% |
Hypothetical example | 1,000.00 | 1,021.30 | 3.57 | 0.71% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
8 | JOHN HANCOCK EQUITY INCOME FUND | SEMIANNUAL REPORT |
Fund’s investments |
Shares | Value | ||||
Common stocks 95.6% | $1,598,208,267 | ||||
(Cost $1,440,831,449) | |||||
Communication services 6.0% | 100,471,902 | ||||
Diversified telecommunication services 2.4% | |||||
AT&T, Inc. | 117,890 | 4,152,086 | |||
CenturyLink, Inc. | 146,598 | 1,769,438 | |||
Telefonica SA | 987,694 | 5,877,961 | |||
Verizon Communications, Inc. | 515,960 | 27,944,394 | |||
Entertainment 0.5% | |||||
The Walt Disney Company | 70,209 | 8,260,089 | |||
Media 3.1% | |||||
Comcast Corp., Class A | 488,970 | 19,769,057 | |||
Fox Corp., Class B | 600,437 | 18,283,307 | |||
News Corp., Class A | 1,193,836 | 14,415,570 | |||
Consumer discretionary 2.4% | 40,203,943 | ||||
Hotels, restaurants and leisure 1.1% | |||||
Las Vegas Sands Corp. | 271,141 | 15,810,232 | |||
MGM Resorts International | 132,900 | 3,264,024 | |||
Leisure products 0.5% | |||||
Mattel, Inc. (A)(B) | 716,662 | 8,449,445 | |||
Multiline retail 0.5% | |||||
Kohl's Corp. | 207,006 | 8,104,285 | |||
Specialty retail 0.3% | |||||
L Brands, Inc. | 211,263 | 4,575,957 | |||
Consumer staples 7.9% | 132,305,611 | ||||
Food and staples retailing 0.7% | |||||
Walmart, Inc. | 115,492 | 12,436,179 | |||
Food products 3.6% | |||||
Bunge, Ltd. | 144,171 | 6,768,828 | |||
Conagra Brands, Inc. | 798,827 | 21,320,693 | |||
Kellogg Company | 54,481 | 3,294,466 | |||
Tyson Foods, Inc., Class A | 411,084 | 27,883,828 | |||
Household products 1.7% | |||||
Kimberly-Clark Corp. | 216,842 | 28,447,502 | |||
Tobacco 1.9% | |||||
Philip Morris International, Inc. | 392,746 | 32,154,115 | |||
Energy 8.3% | 138,867,347 | ||||
Oil, gas and consumable fuels 8.3% | |||||
Chevron Corp. | 47,897 | 4,470,706 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 9 |
Shares | Value | ||||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
EOG Resources, Inc. | 24,900 | $1,575,174 | |||
Equitrans Midstream Corp. (B) | 196,208 | 1,385,228 | |||
Exxon Mobil Corp. | 482,558 | 24,822,784 | |||
Hess Corp. | 80,432 | 4,518,670 | |||
Occidental Petroleum Corp. | 584,151 | 19,125,104 | |||
Pioneer Natural Resources Company | 75,098 | 9,220,532 | |||
Targa Resources Corp. | 151,800 | 4,918,320 | |||
TC Energy Corp. | 625,681 | 32,754,400 | |||
TOTAL SA, ADR | 836,264 | 36,076,429 | |||
Financials 22.5% | 376,401,122 | ||||
Banks 9.9% | |||||
Bank of America Corp. | 49,922 | 1,422,777 | |||
Fifth Third Bancorp | 984,196 | 24,014,382 | |||
JPMorgan Chase & Co. | 434,232 | 50,418,678 | |||
The PNC Financial Services Group, Inc. | 132,148 | 16,703,507 | |||
U.S. Bancorp | 316,734 | 14,709,127 | |||
Wells Fargo & Company | 1,422,375 | 58,104,016 | |||
Capital markets 4.9% | |||||
Franklin Resources, Inc. | 376,697 | 8,196,927 | |||
Morgan Stanley | 688,089 | 30,984,648 | |||
Northern Trust Corp. | 60,115 | 5,275,692 | |||
Raymond James Financial, Inc. | 108,000 | 9,032,040 | |||
State Street Corp. | 372,130 | 25,345,774 | |||
The Bank of New York Mellon Corp. | 98,852 | 3,944,195 | |||
Diversified financial services 0.6% | |||||
Equitable Holdings, Inc. | 462,819 | 9,904,327 | |||
Insurance 7.1% | |||||
American International Group, Inc. | 641,528 | 27,046,820 | |||
Chubb, Ltd. | 250,065 | 36,266,927 | |||
Loews Corp. | 293,627 | 13,398,200 | |||
Marsh & McLennan Companies, Inc. | 86,483 | 9,042,662 | |||
MetLife, Inc. | 550,306 | 23,509,072 | |||
Willis Towers Watson PLC | 47,986 | 9,081,351 | |||
Health care 13.0% | 217,252,698 | ||||
Biotechnology 2.2% | |||||
AbbVie, Inc. | 203,400 | 17,433,414 | |||
Gilead Sciences, Inc. | 289,482 | 20,078,472 | |||
Health care equipment and supplies 2.3% | |||||
Becton, Dickinson and Company | 29,255 | 6,957,424 | |||
Medtronic PLC | 256,168 | 25,788,433 | |||
Zimmer Biomet Holdings, Inc. | 43,700 | 5,949,755 |
10 | JOHN HANCOCK EQUITY INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Health care (continued) | |||||
Health care providers and services 2.9% | |||||
Anthem, Inc. | 90,334 | $23,223,968 | |||
CVS Health Corp. | 424,295 | 25,109,778 | |||
Pharmaceuticals 5.6% | |||||
Allergan PLC | 86,156 | 16,427,365 | |||
Bristol-Myers Squibb Company | 108,617 | 6,414,920 | |||
GlaxoSmithKline PLC | 281,598 | 5,682,470 | |||
Johnson & Johnson | 286,134 | 38,479,300 | |||
Pfizer, Inc. | 769,222 | 25,707,399 | |||
Industrials 12.1% | 201,880,132 | ||||
Aerospace and defense 3.4% | |||||
L3Harris Technologies, Inc. | 136,800 | 27,049,464 | |||
The Boeing Company | 97,111 | 26,716,207 | |||
United Technologies Corp. | 29,100 | 3,800,169 | |||
Air freight and logistics 1.4% | |||||
United Parcel Service, Inc., Class B | 256,523 | 23,212,766 | |||
Airlines 1.1% | |||||
Alaska Air Group, Inc. (B) | 227,826 | 11,496,100 | |||
Delta Air Lines, Inc. | 65,813 | 3,035,954 | |||
Southwest Airlines Company | 69,633 | 3,216,348 | |||
Building products 0.8% | |||||
Johnson Controls International PLC | 356,289 | 13,029,489 | |||
Commercial services and supplies 0.7% | |||||
Stericycle, Inc. (A)(B) | 212,458 | 12,201,463 | |||
Electrical equipment 0.8% | |||||
Emerson Electric Company | 129,792 | 8,320,965 | |||
nVent Electric PLC | 201,400 | 4,835,614 | |||
Industrial conglomerates 2.1% | |||||
General Electric Company | 3,169,594 | 34,485,183 | |||
Machinery 1.0% | |||||
Flowserve Corp. | 42,585 | 1,711,491 | |||
PACCAR, Inc. | 95,649 | 6,398,918 | |||
Snap-on, Inc. | 59,800 | 8,656,050 | |||
Professional services 0.8% | |||||
Nielsen Holdings PLC | 753,100 | 13,713,951 | |||
Information technology 8.1% | 136,122,059 | ||||
Communications equipment 1.1% | |||||
Cisco Systems, Inc. | 454,885 | 18,163,558 | |||
Electronic equipment, instruments and components 0.1% | |||||
TE Connectivity, Ltd. | 28,400 | 2,353,508 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 11 |
Shares | Value | ||||
Information technology (continued) | |||||
IT services 0.6% | |||||
Cognizant Technology Solutions Corp., Class A | 172,932 | $10,536,747 | |||
Semiconductors and semiconductor equipment 4.6% | |||||
Applied Materials, Inc. | 224,873 | 13,069,619 | |||
NXP Semiconductors NV | 40,500 | 4,604,445 | |||
QUALCOMM, Inc. | 552,498 | 43,260,593 | |||
Texas Instruments, Inc. | 134,410 | 15,341,557 | |||
Software 1.6% | |||||
Microsoft Corp. | 162,336 | 26,300,055 | |||
Technology hardware, storage and peripherals 0.1% | |||||
Western Digital Corp. | 44,852 | 2,491,977 | |||
Materials 4.1% | 68,143,465 | ||||
Chemicals 3.2% | |||||
Akzo Nobel NV | 35,710 | 2,857,172 | |||
CF Industries Holdings, Inc. | 444,790 | 16,394,959 | |||
Corteva, Inc. | 34,323 | 933,586 | |||
Dow, Inc. | 253,913 | 10,260,624 | |||
DuPont de Nemours, Inc. | 483,823 | 20,756,007 | |||
PPG Industries, Inc. | 20,800 | 2,172,560 | |||
Containers and packaging 0.8% | |||||
International Paper Company | 374,846 | 13,854,308 | |||
Metals and mining 0.1% | |||||
Nucor Corp. | 22,110 | 914,249 | |||
Real estate 3.6% | 59,565,090 | ||||
Equity real estate investment trusts 3.6% | |||||
Equity Residential | 216,264 | 16,241,426 | |||
Rayonier, Inc. | 414,445 | 10,995,226 | |||
SL Green Realty Corp. | 142,299 | 11,161,934 | |||
Weyerhaeuser Company | 814,723 | 21,166,504 | |||
Utilities 7.6% | 126,994,898 | ||||
Electric utilities 4.9% | |||||
Edison International | 349,732 | 23,498,493 | |||
NextEra Energy, Inc. | 57,928 | 14,641,881 | |||
The Southern Company | 722,637 | 43,618,369 | |||
Multi-utilities 2.7% | |||||
CenterPoint Energy, Inc. | 320,700 | 7,382,514 | |||
NiSource, Inc. | 1,025,753 | 27,715,846 | |||
Sempra Energy | 69,514 | 9,716,667 | |||
Water utilities 0.0% | |||||
Essential Utilities, Inc. (A) | 7,396 | 421,128 |
12 | JOHN HANCOCK EQUITY INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Preferred securities 2.3% | $38,526,147 | ||||
(Cost $36,585,982) | |||||
Energy 0.7% | 11,982,706 | ||||
Oil, gas and consumable fuels 0.7% | |||||
Sempra Energy, 6.000% | 81,226 | 9,099,749 | |||
Sempra Energy, 6.750% | 25,877 | 2,882,957 | |||
Health care 0.8% | 14,027,020 | ||||
Health care equipment and supplies 0.8% | |||||
Becton, Dickinson and Company, 6.125% | 247,871 | 14,027,020 | |||
Utilities 0.8% | 12,516,421 | ||||
Electric utilities 0.8% | |||||
NextEra Energy, Inc., 5.279% | 116,537 | 5,297,970 | |||
The Southern Company, 6.750% | 143,337 | 7,218,451 | |||
Rate (%) | Maturity date | Par value^ | Value | ||
Convertible bonds 0.2% | $3,652,299 | ||||
(Cost $3,635,176) | |||||
Financials 0.2% | 3,652,299 | ||||
Insurance 0.2% | |||||
AXA SA (C) | 7.250 | 05-15-21 | 3,613,000 | 3,652,299 | |
Yield (%) | Shares | Value | |||
Short-term investments 2.5% | $41,899,214 | ||||
(Cost $41,896,186) | |||||
Short-term funds 2.5% | 41,899,214 | ||||
John Hancock Collateral Trust (D) | 1.6968(E) | 989,304 | 9,901,843 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 1.5386(E) | 1,500,000 | 1,500,000 | ||
T. Rowe Price Government Reserve Fund | 1.5799(E) | 30,497,371 | 30,497,371 |
Total investments (Cost $1,522,948,793) 100.6% | $1,682,285,927 | ||||
Other assets and liabilities, net (0.6%) | (10,479,821) | ||||
Total net assets 100.0% | $1,671,806,106 |
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 | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 2-29-20. |
(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. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 13 |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(E) | The rate shown is the annualized seven-day yield as of 2-29-20. |
14 | JOHN HANCOCK EQUITY INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial statements |
Assets | |
Unaffiliated investments, at value (Cost $1,513,049,978) including $8,904,495 of securities loaned | $1,672,384,084 |
Affiliated investments, at value (Cost $9,898,815) | 9,901,843 |
Total investments, at value (Cost $1,522,948,793) | 1,682,285,927 |
Dividends and interest receivable | 4,836,090 |
Receivable for fund shares sold | 8,242,713 |
Receivable for investments sold | 1,521,428 |
Receivable for securities lending income | 2,333 |
Other assets | 68,873 |
Total assets | 1,696,957,364 |
Liabilities | |
Payable for investments purchased | 13,177,976 |
Payable for fund shares repurchased | 1,910,360 |
Payable upon return of securities loaned | 9,913,704 |
Payable to affiliates | |
Accounting and legal services fees | 46,746 |
Transfer agent fees | 5,812 |
Trustees' fees | 2,761 |
Other liabilities and accrued expenses | 93,899 |
Total liabilities | 25,151,258 |
Net assets | $1,671,806,106 |
Net assets consist of | |
Paid-in capital | $1,492,630,992 |
Total distributable earnings (loss) | 179,175,114 |
Net assets | $1,671,806,106 |
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 ($54,785,973 ÷ 3,326,539 shares)1 | $16.47 |
Class C ($2,335,742 ÷ 141,518 shares)1 | $16.50 |
Class 1 ($173,675,633 ÷ 10,530,542 shares) | $16.49 |
Class NAV ($1,441,008,758 ÷ 87,491,943 shares) | $16.47 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $17.34 |
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 $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 15 |
Investment income | |
Dividends | $27,360,873 |
Interest | 402,030 |
Securities lending | 36,836 |
Less foreign taxes withheld | (313,071) |
Total investment income | 27,486,668 |
Expenses | |
Investment management fees | 6,328,937 |
Distribution and service fees | 149,065 |
Accounting and legal services fees | 163,648 |
Transfer agent fees | 36,594 |
Trustees' fees | 16,527 |
Custodian fees | 104,603 |
State registration fees | 21,178 |
Printing and postage | 15,093 |
Professional fees | 41,463 |
Other | 27,195 |
Total expenses | 6,904,303 |
Less expense reductions | (271,742) |
Net expenses | 6,632,561 |
Net investment income | 20,854,107 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 55,603,613 |
Affiliated investments | 245 |
Futures contracts | 163,606 |
55,767,464 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (133,393,880) |
Affiliated investments | 1,451 |
Futures contracts | (167) |
(133,392,596) | |
Net realized and unrealized loss | (77,625,132) |
Decrease in net assets from operations | $(56,771,025) |
16 | JOHN HANCOCK EQUITY INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $20,854,107 | $37,220,566 |
Net realized gain | 55,767,464 | 94,641,004 |
Change in net unrealized appreciation (depreciation) | (133,392,596) | (137,630,542) |
Decrease in net assets resulting from operations | (56,771,025) | (5,768,972) |
Distributions to shareholders | ||
From earnings | ||
Class A | (3,998,340) | (4,741,672) |
Class C | (179,814) | (279,512) |
Class 1 | (14,351,352) | (23,950,238) |
Class NAV | (109,280,765) | (142,398,287) |
Total distributions | (127,810,271) | (171,369,709) |
From fund share transactions | 111,103,539 | 298,302,070 |
Total increase (decrease) | (73,477,757) | 121,163,389 |
Net assets | ||
Beginning of period | 1,745,283,863 | 1,624,120,474 |
End of period | $1,671,806,106 | $1,745,283,863 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EQUITY INCOME FUND | 17 |
Financial highlights |
CLASS A SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $18.31 | $20.97 | $20.22 | $18.50 | $18.38 | $19.76 |
Net investment income3 | 0.18 | 0.36 | 0.31 | 0.36 | 0.36 | 0.15 |
Net realized and unrealized gain (loss) on investments | (0.67) | (0.84) | 2.22 | 2.17 | 1.62 | (1.38) |
Total from investment operations | (0.49) | (0.48) | 2.53 | 2.53 | 1.98 | (1.23) |
Less distributions | ||||||
From net investment income | (0.27) | (0.36) | (0.33) | (0.40) | (0.33) | (0.15) |
From net realized gain | (1.08) | (1.82) | (1.45) | (0.41) | (1.53) | — |
Total distributions | (1.35) | (2.18) | (1.78) | (0.81) | (1.86) | (0.15) |
Net asset value, end of period | $16.47 | $18.31 | $20.97 | $20.22 | $18.50 | $18.38 |
Total return (%)4,5 | (3.57)6 | (0.94) | 12.83 | 13.96 | 11.72 | (6.31)6 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $55 | $51 | $43 | $36 | $22 | $4 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.177 | 1.16 | 1.18 | 1.19 | 1.23 | 1.247 |
Expenses including reductions | 1.147 | 1.13 | 1.14 | 1.14 | 1.14 | 1.127 |
Net investment income | 1.907 | 1.97 | 1.52 | 1.85 | 2.08 | 1.797 |
Portfolio turnover (%) | 14 | 26 | 19 | 21 | 40 | 198 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class A shares is 3-27-15. |
3 | Based on average daily shares outstanding. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Does not reflect the effect of sales charges, if any. |
6 | Not annualized. |
7 | Annualized. |
8 | Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
18 | JOHN HANCOCK Equity Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $18.34 | $21.00 | $20.25 | $18.52 | $18.39 | $19.76 |
Net investment income3 | 0.11 | 0.24 | 0.17 | 0.22 | 0.24 | 0.08 |
Net realized and unrealized gain (loss) on investments | (0.67) | (0.86) | 2.22 | 2.18 | 1.61 | (1.38) |
Total from investment operations | (0.56) | (0.62) | 2.39 | 2.40 | 1.85 | (1.30) |
Less distributions | ||||||
From net investment income | (0.20) | (0.22) | (0.19) | (0.26) | (0.19) | (0.07) |
From net realized gain | (1.08) | (1.82) | (1.45) | (0.41) | (1.53) | — |
Total distributions | (1.28) | (2.04) | (1.64) | (0.67) | (1.72) | (0.07) |
Net asset value, end of period | $16.50 | $18.34 | $21.00 | $20.25 | $18.52 | $18.39 |
Total return (%)4,5 | (3.90)6 | (1.66) | 12.00 | 13.16 | 10.89 | (6.61)6 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $2 | $3 | $3 | $3 | $2 | $—7 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.878 | 1.86 | 1.88 | 1.89 | 1.93 | 1.948 |
Expenses including reductions | 1.848 | 1.83 | 1.84 | 1.86 | 1.89 | 1.878 |
Net investment income | 1.208 | 1.28 | 0.80 | 1.12 | 1.39 | 0.948 |
Portfolio turnover (%) | 14 | 26 | 19 | 21 | 40 | 199 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class C shares is 3-27-15. |
3 | Based on average daily shares outstanding. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Does not reflect the effect of sales charges, if any. |
6 | Not annualized. |
7 | Less than $500,000. |
8 | Annualized. |
9 | Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 19 |
CLASS 1 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $18.33 | $20.99 | $20.24 | $18.51 | $18.39 | $21.47 |
Net investment income2 | 0.22 | 0.43 | 0.39 | 0.44 | 0.40 | 0.36 |
Net realized and unrealized gain (loss) on investments | (0.68) | (0.85) | 2.21 | 2.16 | 1.63 | (1.78) |
Total from investment operations | (0.46) | (0.42) | 2.60 | 2.60 | 2.03 | (1.42) |
Less distributions | ||||||
From net investment income | (0.30) | (0.42) | (0.40) | (0.46) | (0.38) | (0.52) |
From net realized gain | (1.08) | (1.82) | (1.45) | (0.41) | (1.53) | (1.14) |
Total distributions | (1.38) | (2.24) | (1.85) | (0.87) | (1.91) | (1.66) |
Net asset value, end of period | $16.49 | $18.33 | $20.99 | $20.24 | $18.51 | $18.39 |
Total return (%)3 | (3.39)4 | (0.57) | 13.21 | 14.36 | 12.06 | (7.33) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $174 | $197 | $235 | $255 | $271 | $297 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.795 | 0.80 | 0.82 | 0.83 | 0.85 | 0.86 |
Expenses including reductions | 0.765 | 0.77 | 0.78 | 0.79 | 0.81 | 0.82 |
Net investment income | 2.285 | 2.32 | 1.86 | 2.23 | 2.29 | 1.77 |
Portfolio turnover (%) | 14 | 26 | 19 | 21 | 40 | 19 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Annualized. |
20 | JOHN HANCOCK Equity Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $18.31 | $20.97 | $20.22 | $18.49 | $18.37 | $21.45 |
Net investment income2 | 0.22 | 0.44 | 0.40 | 0.45 | 0.41 | 0.37 |
Net realized and unrealized gain (loss) on investments | (0.67) | (0.85) | 2.21 | 2.16 | 1.63 | (1.78) |
Total from investment operations | (0.45) | (0.41) | 2.61 | 2.61 | 2.04 | (1.41) |
Less distributions | ||||||
From net investment income | (0.31) | (0.43) | (0.41) | (0.47) | (0.39) | (0.53) |
From net realized gain | (1.08) | (1.82) | (1.45) | (0.41) | (1.53) | (1.14) |
Total distributions | (1.39) | (2.25) | (1.86) | (0.88) | (1.92) | (1.67) |
Net asset value, end of period | $16.47 | $18.31 | $20.97 | $20.22 | $18.49 | $18.37 |
Total return (%)3 | (3.37)4 | (0.52) | 13.28 | 14.44 | 12.13 | (7.27) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1,441 | $1,495 | $1,344 | $1,377 | $1,485 | $1,553 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.745 | 0.75 | 0.77 | 0.78 | 0.80 | 0.81 |
Expenses including reductions | 0.715 | 0.72 | 0.73 | 0.74 | 0.76 | 0.77 |
Net investment income | 2.335 | 2.38 | 1.92 | 2.30 | 2.34 | 1.83 |
Portfolio turnover (%) | 14 | 26 | 19 | 21 | 40 | 19 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 21 |
Notes to financial statements (unaudited) |
22 | JOHN HANCOCK Equity Income Fund | SEMIANNUAL REPORT |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $100,471,902 | $94,593,941 | $5,877,961 | — |
Consumer discretionary | 40,203,943 | 40,203,943 | — | — |
Consumer staples | 132,305,611 | 132,305,611 | — | — |
Energy | 138,867,347 | 138,867,347 | — | — |
Financials | 376,401,122 | 376,401,122 | — | — |
Health care | 217,252,698 | 211,570,228 | 5,682,470 | — |
Industrials | 201,880,132 | 201,880,132 | — | — |
Information technology | 136,122,059 | 136,122,059 | — | — |
Materials | 68,143,465 | 65,286,293 | 2,857,172 | — |
Real estate | 59,565,090 | 59,565,090 | — | — |
Utilities | 126,994,898 | 126,994,898 | — | — |
SEMIANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 23 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Preferred securities | $38,526,147 | $38,526,147 | — | — |
Convertible bonds | 3,652,299 | — | $3,652,299 | — |
Short-term investments | 41,899,214 | 41,899,214 | — | — |
Total investments in securities | $1,682,285,927 | $1,664,216,025 | $18,069,902 | — |
24 | JOHN HANCOCK Equity Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 25 |
26 | JOHN HANCOCK Equity Income Fund | SEMIANNUAL REPORT |
Statement of operations location - Net realized gain (loss) on: | |
Risk | Futures contracts |
Equity | $163,606 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Futures contracts |
Equity | $(167) |
SEMIANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 27 |
Class | Expense reduction |
Class A | $8,545 |
Class C | 408 |
Class 1 | 30,207 |
Class | Expense reduction |
Class NAV | $232,582 |
Total | $271,742 |
28 | JOHN HANCOCK Equity Income Fund | SEMIANNUAL REPORT |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
Class 1 | 0.05% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $85,206 | $34,924 |
Class C | 13,572 | 1,670 |
Class 1 | 50,287 | — |
Total | $149,065 | $36,594 |
SEMIANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 29 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $15,206,699 | 5 | 1.601% | $3,382 |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 610,263 | $11,501,932 | 995,444 | $17,988,634 |
Distributions reinvested | 212,538 | 3,995,710 | 288,610 | 4,727,196 |
Repurchased | (274,145) | (5,135,770) | (557,710) | (10,146,117) |
Net increase | 548,656 | $10,361,872 | 726,344 | $12,569,713 |
Class C shares | ||||
Sold | 16,168 | $305,922 | 70,676 | $1,286,919 |
Distributions reinvested | 9,438 | 178,006 | 17,131 | 279,512 |
Repurchased | (27,755) | (533,553) | (71,343) | (1,303,611) |
Net increase (decrease) | (2,149) | $(49,625) | 16,464 | $262,820 |
Class 1 shares | ||||
Sold | 196,602 | $3,722,603 | 254,975 | $4,695,379 |
Distributions reinvested | 762,964 | 14,351,352 | 1,457,283 | 23,950,239 |
Repurchased | (1,158,589) | (21,805,047) | (2,166,593) | (40,425,568) |
Net decrease | (199,023) | $(3,731,092) | (454,335) | $(11,779,950) |
Class NAV shares | ||||
Sold | 7,354,683 | $136,036,385 | 17,559,676 | $320,289,388 |
Distributions reinvested | 5,818,997 | 109,280,765 | 8,660,727 | 142,398,287 |
Repurchased | (7,356,975) | (140,794,766) | (8,615,631) | (165,438,188) |
Net increase | 5,816,705 | $104,522,384 | 17,604,772 | $297,249,487 |
Total net increase | 6,164,189 | $111,103,539 | 17,893,245 | $298,302,070 |
30 | JOHN HANCOCK Equity Income Fund | SEMIANNUAL REPORT |
Portfolio | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Growth Fund | 30.4% |
John Hancock Funds II Multimanager Lifestyle Balanced Fund | 22.0% |
John Hancock Funds II Multimanager Lifestyle Aggressive Fund | 12.4% |
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* | 989,304 | $8,171,462 | $86,279,423 | $(84,550,738) | $245 | $1,451 | $36,836 | — | $9,901,843 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
SEMIANNUAL REPORT | JOHN HANCOCK Equity Income Fund | 31 |
32 | JOHN HANCOCK Equity Income Fund | SEMIANNUAL REPORT |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor T. Rowe Price Associates, Inc. Portfolio Manager John D. Linehan, CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The fund's proxy voting policies and procedures, as well as the fund proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the fund's holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund's Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your fund, as well asmonthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investment Management at 800-225-5291, or visit our website at jhinvestments.com. Please read the prospectus carefully before investing or sending money.
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed
from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP.
Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the
John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no
representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager
representing one of America's most trusted brands, with a heritage of
financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why
we support the role of professional financial advice and operate with
the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach:
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide
a diverse set of investments backed by some of the world's best
managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Equity Income Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105613 | 458SA 2/20 4/2020 |
John Hancock
Fundamental Global Franchise Fund
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A shares) or 888-972-8696 (Class I and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent the markets tumbling during the last week of the period. Prior to the turbulence that ended the period, investors in non-U.S. equities saw strong gains, fueled in part by similarly supportive monetary policy and some signs of strength in developing markets.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered interest rates while governments around the world embarked on plans to launch fiscal stimulus to mitigate supply chain destruction and support economic growth.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
John Hancock
Fundamental Global Franchise Fund
INVESTMENT OBJECTIVE
The fund seeks to provide capital appreciation.
AVERAGE ANNUAL TOTAL RETURNS AS OF 2/29/2020 (%)
The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower. Since-inception returns for the Morningstar fund category average are not available.
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund's objectives, risks, and strategy, see the fund's prospectus. The fund recently experienced negative short-term performance due to market volatility associated with the COVID-19 pandemic.
SECTOR COMPOSITION AS OF 2/29/2020 (%)
TOP 10 HOLDINGS AS OF 2/29/2020 (%)
eBay, Inc. | 7.6 |
Heineken Holding NV | 6.4 |
Berkshire Hathaway, Inc., Class B | 6.2 |
Anheuser-Busch InBev SA | 5.9 |
Amazon.com, Inc. | 5.5 |
Danone SA | 5.3 |
Ferrari NV | 5.1 |
Cie Financiere Richemont SA | 4.8 |
Walmart, Inc. | 4.1 |
Reckitt Benckiser Group PLC | 4.0 |
TOTAL | 54.9 |
As a percentage of net assets. | |
Cash and cash equivalents are not included. |
COUNTRY COMPOSITION AS OF 2/29/2020 (%)
United States | 59.0 |
United Kingdom | 8.2 |
France | 7.5 |
Italy | 7.2 |
Netherlands | 6.4 |
Belgium | 5.9 |
Switzerland | 4.8 |
Japan | 1.0 |
TOTAL | 100.0 |
As a percentage of net assets. |
A note about risks
The fund may be subject to various risks as described in the fund's prospectus. For more information, please refer to the "Principal risks" section of the prospectus and "Subsequent events" section in the Notes to financial statements.
TOTAL RETURNS FOR THE PERIOD ENDED FEBRUARY 29, 2020
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||||
1-year | 5-year | Since inception1 | 6-month | 5-year | Since inception1 | ||
Class A | -2.13 | 5.64 | 9.02 | -10.92 | 31.58 | 94.00 | |
Class I2 | 3.29 | 7.05 | 10.12 | -6.11 | 40.61 | 109.47 | |
Class R62,3 | 3.30 | 6.98 | 9.92 | -6.10 | 40.10 | 106.55 | |
Class NAV2 | 3.31 | 7.17 | 10.23 | -6.09 | 41.39 | 111.17 | |
Index† | 4.63 | 5.88 | 9.96 | 0.88 | 33.09 | 107.10 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charges on Class A shares of 5%. Sales charges are not applicable to Class I, Class R6, and Class NAV shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until July 31, 2021 and are subject to change.Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The expense ratios are as follows:
Class A | Class I | Class R6 | Class NAV | |
Gross (%) | 1.31 | 1.01 | 0.90 | 0.89 |
Net (%) | 1.30 | 1.00 | 0.89 | 0.88 |
Please refer to the most recent prospectuses and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the fund's website at jhinvestments.com.
The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. The fund's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
† | Index is the MSCI World Index. |
See the following page for footnotes.
This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Fundamental Global Franchise Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in MSCI World Index.
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class I2 | 6-29-12 | 20,947 | 20,947 | 20,710 |
Class R62,3 | 6-29-12 | 20,655 | 20,655 | 20,710 |
Class NAV2 | 6-29-12 | 21,117 | 21,117 | 20,710 |
The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Footnotes related to performance pages
1 | From 6-29-12. |
2 | For certain types of investors, as described in the fund's prospectuses. |
3 | Class R6 shares were first offered on 2-13-17. Returns prior to this date are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Your expenses |
SEMIANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 7 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $937.70 | $6.26 | 1.30% |
Hypothetical example | 1,000.00 | 1,018.40 | 6.52 | 1.30% | |
Class I | Actual expenses/actual returns | 1,000.00 | 938.90 | 4.82 | 1.00% |
Hypothetical example | 1,000.00 | 1,019.90 | 5.02 | 1.00% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 939.00 | 4.29 | 0.89% |
Hypothetical example | 1,000.00 | 1,020.40 | 4.47 | 0.89% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 939.10 | 4.24 | 0.88% |
Hypothetical example | 1,000.00 | 1,020.50 | 4.42 | 0.88% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
8 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | SEMIANNUAL REPORT |
Fund’s investments |
Shares | Value | ||||
Common stocks 92.1% | $381,756,427 | ||||
(Cost $336,124,430) | |||||
Belgium 5.9% | 24,258,276 | ||||
Anheuser-Busch InBev SA | 419,832 | 24,258,276 | |||
France 7.5% | 31,257,890 | ||||
Danone SA | 313,188 | 22,104,298 | |||
Sodexo SA | 94,709 | 9,153,592 | |||
Italy 7.2% | 29,690,688 | ||||
Ferrari NV | 133,952 | 21,130,928 | |||
Salvatore Ferragamo SpA | 537,900 | 8,559,760 | |||
Japan 1.0% | 4,230,743 | ||||
Asics Corp. | 393,400 | 4,230,743 | |||
Netherlands 6.4% | 26,719,590 | ||||
Heineken Holding NV | 300,905 | 26,719,590 | |||
Switzerland 4.8% | 19,805,387 | ||||
Cie Financiere Richemont SA | 288,914 | 19,805,387 | |||
United Kingdom 8.2% | 33,835,306 | ||||
Associated British Foods PLC | 347,778 | 10,154,792 | |||
Diageo PLC | 199,190 | 7,107,015 | |||
Reckitt Benckiser Group PLC | 224,291 | 16,573,499 | |||
United States 51.1% | 211,958,547 | ||||
Alnylam Pharmaceuticals, Inc. (A) | 35,523 | 4,179,636 | |||
Alphabet, Inc., Class A (A) | 3,209 | 4,297,653 | |||
Alphabet, Inc., Class C (A) | 3,210 | 4,299,249 | |||
Amazon.com, Inc. (A) | 12,020 | 22,642,675 | |||
American Tower Corp. | 49,264 | 11,173,075 | |||
Berkshire Hathaway, Inc., Class B (A) | 124,495 | 25,688,298 | |||
CarGurus, Inc. (A) | 177,016 | 4,512,138 | |||
Comcast Corp., Class A | 308,230 | 12,461,739 | |||
Dollar Tree, Inc. (A) | 52,457 | 4,355,505 | |||
eBay, Inc. | 905,821 | 31,377,639 | |||
Fox Corp., Class A | 276,563 | 8,501,547 | |||
Gilead Sciences, Inc. | 91,820 | 6,368,635 | |||
Liberty Media Corp.-Liberty Formula One, Series A (A) | 284,491 | 10,665,568 | |||
Liberty Media Corp.-Liberty Formula One, Series C (A) | 290,079 | 11,330,486 | |||
Post Holdings, Inc. (A) | 65,683 | 6,651,061 | |||
Ralph Lauren Corp. | 76,024 | 8,021,292 | |||
Tempur Sealy International, Inc. (A) | 48,506 | 3,625,824 | |||
The Hain Celestial Group, Inc. (A) | 218,390 | 5,182,395 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 9 |
Shares | Value | ||||
United States (continued) | |||||
UnitedHealth Group, Inc. | 37,727 | $9,618,876 | |||
Walmart, Inc. | 157,924 | 17,005,256 | |||
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 8.6% | $35,458,762 | ||||
(Cost $35,457,419) | |||||
U.S. Government Agency 8.1% | 33,669,000 | ||||
Federal Agricultural Mortgage Corp. Discount Note | 1.390 | 03-02-20 | 6,608,000 | 6,608,000 | |
Federal Home Loan Bank Discount Note | 1.320 | 03-02-20 | 27,061,000 | 27,061,000 |
Yield (%) | Shares | Value | |||
Short-term funds 0.5% | 1,789,762 | ||||
JPMorgan U.S. Treasury Plus Money Market Fund, Institutional Class | 1.4286(B) | 1,789,762 | 1,789,762 |
Total investments (Cost $371,581,849) 100.7% | $417,215,189 | ||||
Other assets and liabilities, net (0.7%) | (2,737,063) | ||||
Total net assets 100.0% | $414,478,126 |
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 | |
(A) | Non-income producing security. |
(B) | The rate shown is the annualized seven-day yield as of 2-29-20. |
* | 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. |
10 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial statements |
Assets | |
Unaffiliated investments, at value (Cost $371,581,849) | $417,215,189 |
Foreign currency, at value (Cost $240) | 237 |
Dividends and interest receivable | 1,071,712 |
Receivable for fund shares sold | 1,595,295 |
Receivable for investments sold | 4,317,725 |
Receivable due from advisor | 172,949 |
Other assets | 58,704 |
Total assets | 424,431,811 |
Liabilities | |
Payable for investments purchased | 9,259,803 |
Payable for fund shares repurchased | 610,066 |
Payable to affiliates | |
Accounting and legal services fees | 10,939 |
Transfer agent fees | 6,094 |
Trustees' fees | 815 |
Other liabilities and accrued expenses | 65,968 |
Total liabilities | 9,953,685 |
Net assets | $414,478,126 |
Net assets consist of | |
Paid-in capital | $359,218,510 |
Total distributable earnings (loss) | 55,259,616 |
Net assets | $414,478,126 |
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 ($4,418,583 ÷ 420,716 shares)1 | $10.50 |
Class I ($68,378,603 ÷ 6,486,231 shares) | $10.54 |
Class R6 ($7,078,733 ÷ 670,988 shares) | $10.55 |
Class NAV ($334,602,207 ÷ 31,717,128 shares) | $10.55 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $11.05 |
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 $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 11 |
Investment income | |
Dividends | $2,383,853 |
Interest | 296,357 |
Less foreign taxes withheld | (197,543) |
Total investment income | 2,482,667 |
Expenses | |
Investment management fees | 1,864,024 |
Distribution and service fees | 7,236 |
Accounting and legal services fees | 42,174 |
Transfer agent fees | 25,418 |
Trustees' fees | 4,697 |
Custodian fees | 70,615 |
State registration fees | 27,412 |
Printing and postage | 13,583 |
Professional fees | 31,045 |
Other | 13,481 |
Total expenses | 2,099,685 |
Less expense reductions | (17,637) |
Net expenses | 2,082,048 |
Net investment income | 400,619 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 23,584,776 |
Realized loss on investments not meeting investment restrictions | (172,949) |
Payment from investment advisor for loss on investments not meeting investment restrictions | 172,949 |
23,584,776 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (49,107,530) |
(49,107,530) | |
Net realized and unrealized loss | (25,522,754) |
Decrease in net assets from operations | $(25,122,135) |
12 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $400,619 | $2,800,922 |
Net realized gain | 23,584,776 | 13,933,118 |
Change in net unrealized appreciation (depreciation) | (49,107,530) | 10,525,960 |
Increase (decrease) in net assets resulting from operations | (25,122,135) | 27,260,000 |
Distributions to shareholders | ||
From earnings | ||
Class A | (299,153) | (344,649) |
Class I | (1,973,680) | (489,827) |
Class R6 | (497,140) | (435,154) |
Class NAV | (26,399,740) | (47,517,438) |
Total distributions | (29,169,713) | (48,787,068) |
From fund share transactions | (18,577,108) | 72,454,278 |
Total increase (decrease) | (72,868,956) | 50,927,210 |
Net assets | ||
Beginning of period | 487,347,082 | 436,419,872 |
End of period | $414,478,126 | $487,347,082 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 13 |
Financial highlights |
CLASS A SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.91 | $13.03 | $14.21 | $13.78 | $12.71 | $13.24 |
Net investment income (loss)2 | (0.01)3 | 0.02 | 0.05 | 0.05 | 0.07 | 0.05 |
Net realized and unrealized gain (loss) on investments | (0.66) | 0.26 | 0.84 | 1.68 | 2.35 | 0.14 |
Total from investment operations | (0.67) | 0.28 | 0.89 | 1.73 | 2.42 | 0.19 |
Less distributions | ||||||
From net investment income | (0.05) | (0.02) | (0.08) | (0.04) | (0.07) | (0.07) |
From net realized gain | (0.69) | (1.38) | (1.99) | (1.26) | (1.28) | (0.65) |
Total distributions | (0.74) | (1.40) | (2.07) | (1.30) | (1.35) | (0.72) |
Net asset value, end of period | $10.50 | $11.91 | $13.03 | $14.21 | $13.78 | $12.71 |
Total return (%)4,5 | (6.23)6 | 4.61 | 6.80 | 14.58 | 19.84 | 1.51 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $4 | $5 | $3 | $1 | $—7 | $—7 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.318 | 1.31 | 1.29 | 1.28 | 1.28 | 1.33 |
Expenses including reductions | 1.308 | 1.30 | 1.28 | 1.27 | 1.28 | 1.32 |
Net investment income (loss) | (0.24)3,8 | 0.20 | 0.41 | 0.34 | 0.50 | 0.38 |
Portfolio turnover (%) | 28 | 26 | 40 | 54 | 38 | 28 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Does not reflect the effect of sales charges, if any. |
6 | Not annualized. |
7 | Less than $500,000. |
8 | Annualized. |
14 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.97 | $13.10 | $14.28 | $13.84 | $12.76 | $13.29 |
Net investment income2 | —3,4 | 0.09 | 0.07 | 0.10 | 0.13 | 0.11 |
Net realized and unrealized gain (loss) on investments | (0.66) | 0.22 | 0.86 | 1.68 | 2.34 | 0.12 |
Total from investment operations | (0.66) | 0.31 | 0.93 | 1.78 | 2.47 | 0.23 |
Less distributions | ||||||
From net investment income | (0.08) | (0.06) | (0.12) | (0.08) | (0.11) | (0.11) |
From net realized gain | (0.69) | (1.38) | (1.99) | (1.26) | (1.28) | (0.65) |
Total distributions | (0.77) | (1.44) | (2.11) | (1.34) | (1.39) | (0.76) |
Net asset value, end of period | $10.54 | $11.97 | $13.10 | $14.28 | $13.84 | $12.76 |
Total return (%)5 | (6.11)6 | 4.90 | 7.10 | 14.97 | 20.22 | 1.86 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $68 | $31 | $5 | $4 | $2 | $1 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.017 | 1.01 | 1.00 | 0.97 | 0.97 | 0.98 |
Expenses including reductions | 1.007 | 1.01 | 0.99 | 0.96 | 0.97 | 0.98 |
Net investment income | 0.073,7 | 0.77 | 0.56 | 0.74 | 0.96 | 0.83 |
Portfolio turnover (%) | 28 | 26 | 40 | 54 | 38 | 28 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
4 | Less than $0.005 per share. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Not annualized. |
7 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 15 |
CLASS R6 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-172 |
Per share operating performance | ||||
Net asset value, beginning of period | $11.98 | $13.11 | $14.29 | $12.32 |
Net investment income3 | 0.014 | 0.08 | 0.13 | 0.09 |
Net realized and unrealized gain (loss) on investments | (0.65) | 0.24 | 0.81 | 1.88 |
Total from investment operations | (0.64) | 0.32 | 0.94 | 1.97 |
Less distributions | ||||
From net investment income | (0.10) | (0.07) | (0.13) | — |
From net realized gain | (0.69) | (1.38) | (1.99) | — |
Total distributions | (0.79) | (1.45) | (2.12) | — |
Net asset value, end of period | $10.55 | $11.98 | $13.11 | $14.29 |
Total return (%)5 | (6.10)6 | 5.02 | 7.19 | 15.996 |
Ratios and supplemental data | ||||
Net assets, end of period (in millions) | $7 | $7 | $4 | $—7 |
Ratios (as a percentage of average net assets): | ||||
Expenses before reductions | 0.908 | 0.90 | 0.89 | 0.888 |
Expenses including reductions | 0.898 | 0.90 | 0.89 | 0.878 |
Net investment income | 0.174,8 | 0.71 | 1.05 | 1.178 |
Portfolio turnover (%) | 28 | 26 | 40 | 549 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class R6 shares is 2-13-17. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Not annualized. |
7 | Less than $500,000. |
8 | Annualized. |
9 | Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
16 | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.98 | $13.11 | $14.29 | $13.85 | $12.77 | $13.30 |
Net investment income2 | 0.013 | 0.07 | 0.09 | 0.10 | 0.12 | 0.11 |
Net realized and unrealized gain (loss) on investments | (0.65) | 0.26 | 0.85 | 1.69 | 2.37 | 0.14 |
Total from investment operations | (0.64) | 0.33 | 0.94 | 1.79 | 2.49 | 0.25 |
Less distributions | ||||||
From net investment income | (0.10) | (0.08) | (0.13) | (0.09) | (0.13) | (0.13) |
From net realized gain | (0.69) | (1.38) | (1.99) | (1.26) | (1.28) | (0.65) |
Total distributions | (0.79) | (1.46) | (2.12) | (1.35) | (1.41) | (0.78) |
Net asset value, end of period | $10.55 | $11.98 | $13.11 | $14.29 | $13.85 | $12.77 |
Total return (%)4 | (6.09)5 | 5.04 | 7.21 | 15.09 | 20.34 | 1.99 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $335 | $444 | $425 | $548 | $451 | $449 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.896 | 0.89 | 0.88 | 0.86 | 0.86 | 0.87 |
Expenses including reductions | 0.886 | 0.88 | 0.87 | 0.86 | 0.85 | 0.87 |
Net investment income | 0.193,6 | 0.63 | 0.65 | 0.77 | 0.92 | 0.83 |
Portfolio turnover (%) | 28 | 26 | 40 | 54 | 38 | 28 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FUNDAMENTAL GLOBAL FRANCHISE FUND | 17 |
Notes to financial statements (unaudited) |
18 | JOHN HANCOCK Fundamental Global Franchise Fund | SEMIANNUAL REPORT |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Belgium | $24,258,276 | — | $24,258,276 | — |
France | 31,257,890 | — | 31,257,890 | — |
Italy | 29,690,688 | $21,130,928 | 8,559,760 | — |
Japan | 4,230,743 | — | 4,230,743 | — |
Netherlands | 26,719,590 | — | 26,719,590 | — |
Switzerland | 19,805,387 | — | 19,805,387 | — |
United Kingdom | 33,835,306 | — | 33,835,306 | — |
United States | 211,958,547 | 211,958,547 | — | — |
Short-term investments | 35,458,762 | 1,789,762 | 33,669,000 | — |
Total investments in securities | $417,215,189 | $234,879,237 | $182,335,952 | — |
SEMIANNUAL REPORT | JOHN HANCOCK Fundamental Global Franchise Fund | 19 |
20 | JOHN HANCOCK Fundamental Global Franchise Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Fundamental Global Franchise Fund | 21 |
Class | Expense reduction |
Class A | $183 |
Class I | 1,371 |
Class R6 | 288 |
Class | Expense reduction |
Class NAV | $15,795 |
Total | $17,637 |
22 | JOHN HANCOCK Fundamental Global Franchise Fund | SEMIANNUAL REPORT |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $7,236 | $2,968 |
Class I | — | 21,949 |
Class R6 | — | 501 |
Total | $7,236 | $25,418 |
SEMIANNUAL REPORT | JOHN HANCOCK Fundamental Global Franchise Fund | 23 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $1,733,649 | 1 | 1.825% | $88 |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 56,352 | $664,390 | 198,557 | $2,299,834 |
Distributions reinvested | 25,538 | 296,748 | 35,253 | 341,956 |
Repurchased | (50,464) | (593,393) | (70,265) | (807,619) |
Net increase | 31,426 | $367,745 | 163,545 | $1,834,171 |
Class I shares | ||||
Sold | 4,252,448 | $49,846,232 | 2,931,806 | $31,205,381 |
Distributions reinvested | 169,269 | 1,973,681 | 50,342 | 489,827 |
Repurchased | (556,457) | (6,516,993) | (723,255) | (8,138,863) |
Net increase | 3,865,260 | $45,302,920 | 2,258,893 | $23,556,345 |
Class R6 shares | ||||
Sold | 33,017 | $394,771 | 285,622 | $3,154,342 |
Distributions reinvested | 42,636 | 497,139 | 44,723 | 435,154 |
Repurchased | (20,633) | (244,988) | (13,772) | (156,980) |
Net increase | 55,020 | $646,922 | 316,573 | $3,432,516 |
Class NAV shares | ||||
Sold | 654,341 | $7,347,811 | 2,268,870 | $25,666,221 |
Distributions reinvested | 2,264,129 | 26,399,739 | 4,883,601 | 47,517,438 |
Repurchased | (8,254,868) | (98,642,245) | (2,511,975) | (29,552,413) |
Net increase (decrease) | (5,336,398) | $(64,894,695) | 4,640,496 | $43,631,246 |
Total net increase (decrease) | (1,384,692) | $(18,577,108) | 7,379,507 | $72,454,278 |
24 | JOHN HANCOCK Fundamental Global Franchise Fund | SEMIANNUAL REPORT |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 25.7% |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 22.5% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 8.3% |
John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | 6.4% |
SEMIANNUAL REPORT | JOHN HANCOCK Fundamental Global Franchise Fund | 25 |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor Manulife Investment Management (US) LLC Portfolio Managers Emory W. (Sandy) Sanders, Jr., CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian Citibank, N.A. Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The fund's proxy voting policies and procedures, as well as the fund proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the fund's holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund's Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your fund, as well asmonthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investment Management at 800-225-5291, or visit our website at jhinvestments.com. Please read the prospectus carefully before investing or sending money.
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed
from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP.
Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the
John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no
representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager
representing one of America's most trusted brands, with a heritage of
financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why
we support the role of professional financial advice and operate with
the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach:
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide
a diverse set of investments backed by some of the world's best
managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Fundamental Global Franchise Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105618 | 398SA 2/20 4/2020 |
John Hancock
Global Equity Fund
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A and Class C shares) or 888-972-8696 (Class I, Class R2, Class R4, and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent the markets tumbling during the last week of the period. Prior to the turbulence that ended the period, investors in non-U.S. equities saw strong gains, fueled in part by similarly supportive monetary policy and some signs of strength in developing markets.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered interest rates while governments around the world embarked on plans to launch fiscal stimulus to mitigate supply chain destruction and support economic growth.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
John Hancock
Global Equity Fund
INVESTMENT OBJECTIVE
The fund seeks long-term capital appreciation.
AVERAGE ANNUAL TOTAL RETURNS AS OF 2/29/2020 (%)
The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower. Since-inception returns for the Morningstar fund category average are not available.
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund's objectives, risks, and strategy, see the fund's prospectus. The fund recently experienced negative short-term performance due to market volatility associated with the COVID-19 pandemic.
SECTOR COMPOSITION AS OF 2/29/2020 (%)
TOP 10 HOLDINGS AS OF 2/29/2020 (%)
Apple, Inc. | 4.9 |
Microsoft Corp. | 4.7 |
United Technologies Corp. | 3.6 |
Johnson & Johnson | 3.0 |
CRH PLC | 2.7 |
Verizon Communications, Inc. | 2.7 |
Alphabet, Inc., Class A | 2.7 |
Oracle Corp. | 2.5 |
TOTAL SA | 2.5 |
Cie Generale des Etablissements Michelin SCA | 2.5 |
TOTAL | 31.8 |
As a percentage of net assets. | |
Cash and cash equivalents are not included. |
TOP 10 COUNTRIES AS OF 2/29/2020 (%)
United States | 53.0 |
United Kingdom | 11.7 |
France | 10.9 |
Netherlands | 8.1 |
Switzerland | 6.4 |
Ireland | 3.9 |
Japan | 1.9 |
South Korea | 1.9 |
Hong Kong | 1.0 |
Taiwan | 0.8 |
TOTAL | 99.6 |
As a percentage of net assets. | |
Cash and cash equivalents are not included. |
A note about risks
The fund may be subject to various risks as described in the fund's prospectus. For more information, please refer to the "Principal risks" section of the prospectus and "Subsequent events" section in the Notes to financial statements.
TOTAL RETURNS FOR THE PERIOD ENDED FEBRUARY 29, 2020
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||||
1-year | 5-year | Since inception1 | 6-month | 5-year | Since inception1 | ||
Class A | -1.73 | 3.50 | 5.27 | -5.88 | 18.75 | 41.69 | |
Class C2 | 1.71 | 3.83 | 5.53 | -2.30 | 20.67 | 44.09 | |
Class I3 | 3.75 | 4.84 | 6.36 | -0.86 | 26.66 | 52.04 | |
Class R22,3 | 3.36 | 4.55 | 6.06 | -1.05 | 24.90 | 49.15 | |
Class R42,3 | 3.77 | 4.81 | 6.26 | -0.84 | 26.50 | 51.06 | |
Class R62,3 | 3.84 | 4.97 | 6.38 | -0.77 | 27.45 | 52.19 | |
Class NAV3 | 3.95 | 5.00 | 6.51 | -0.76 | 27.62 | 53.46 | |
Index† | 4.63 | 5.88 | 7.30 | 0.88 | 33.09 | 61.34 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charges on Class A shares of 5% and the applicable contingent deferred sales charge (CDSC) on Class C shares. Class C shares sold within one year of purchase are subject to a 1% CDSC. Sales charges are not applicable to Class I, Class R2, Class R4, Class R6, and Class NAV shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The expense ratios are as follows:
Class A | Class C | Class I | Class R2 | Class R4 | Class R6 | Class NAV | |
Gross (%) | 1.30 | 2.00 | 1.00 | 1.39 | 1.24 | 0.89 | 0.88 |
Net (%) | 1.29 | 1.99 | 0.99 | 1.38 | 1.13 | 0.88 | 0.87 |
Please refer to the most recent prospectuses and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the fund's website at jhinvestments.com.
The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. The fund's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
† | Index is the MSCI World Index. |
See the following page for footnotes.
This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Global Equity Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in the MSCI World Index.
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C2,4 | 5-16-13 | 14,409 | 14,409 | 16,134 |
Class I3 | 5-16-13 | 15,204 | 15,204 | 16,134 |
Class R22,3 | 5-16-13 | 14,915 | 14,915 | 16,134 |
Class R42,3 | 5-16-13 | 15,106 | 15,106 | 16,134 |
Class R62,3 | 5-16-13 | 15,219 | 15,219 | 16,134 |
Class NAV3 | 5-16-13 | 15,346 | 15,346 | 16,134 |
The MSCI World Index (gross of foreign withholding tax on dividends) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Footnotes related to performance pages
1 | From 5-16-13. |
2 | Class C, Class R2, Class R4, and Class R6 shares were first offered on 3-27-15. The returns prior to this date are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
3 | For certain types of investors, as described in the fund's prospectuses. |
4 | The contingent deferred sales charge is not applicable. |
Your expenses |
SEMIANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 7 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $990.40 | $6.43 | 1.30% |
Hypothetical example | 1,000.00 | 1,018.40 | 6.52 | 1.30% | |
Class C | Actual expenses/actual returns | 1,000.00 | 986.70 | 9.88 | 2.00% |
Hypothetical example | 1,000.00 | 1,014.90 | 10.02 | 2.00% | |
Class I | Actual expenses/actual returns | 1,000.00 | 991.40 | 4.95 | 1.00% |
Hypothetical example | 1,000.00 | 1,019.90 | 5.02 | 1.00% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 989.50 | 6.88 | 1.39% |
Hypothetical example | 1,000.00 | 1,018.00 | 6.97 | 1.39% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 991.60 | 5.15 | 1.04% |
Hypothetical example | 1,000.00 | 1,019.70 | 5.22 | 1.04% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 992.30 | 4.41 | 0.89% |
Hypothetical example | 1,000.00 | 1,020.40 | 4.47 | 0.89% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 992.40 | 4.31 | 0.87% |
Hypothetical example | 1,000.00 | 1,020.50 | 4.37 | 0.87% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
8 | JOHN HANCOCK GLOBAL EQUITY FUND | SEMIANNUAL REPORT |
Fund’s investments |
Shares | Value | ||||
Common stocks 94.0% | $586,654,404 | ||||
(Cost $534,755,606) | |||||
France 10.9% | 68,271,694 | ||||
Airbus SE | 62,305 | 7,520,112 | |||
Capgemini SE | 100,287 | 11,113,507 | |||
Cie Generale des Etablissements Michelin SCA | 143,332 | 15,360,390 | |||
Danone SA | 178,188 | 12,576,218 | |||
Sanofi | 66,476 | 6,199,926 | |||
TOTAL SA | 358,647 | 15,501,541 | |||
Hong Kong 1.0% | 6,275,368 | ||||
China Mobile, Ltd. | 788,500 | 6,275,368 | |||
Ireland 3.9% | 24,307,778 | ||||
CRH PLC | 494,442 | 16,782,796 | |||
Medtronic PLC | 74,749 | 7,524,982 | |||
Japan 1.9% | 12,086,511 | ||||
Mitsubishi Estate Company, Ltd. | 708,200 | 12,086,511 | |||
Netherlands 8.1% | 50,565,775 | ||||
Akzo Nobel NV | 75,932 | 6,075,340 | |||
Heineken NV | 131,772 | 13,128,680 | |||
Koninklijke Ahold Delhaize NV | 593,123 | 13,856,674 | |||
Koninklijke Philips NV | 218,728 | 9,366,831 | |||
Wolters Kluwer NV | 111,237 | 8,138,250 | |||
Switzerland 6.4% | 39,879,602 | ||||
Chubb, Ltd. | 81,693 | 11,847,936 | |||
Nestle SA | 74,975 | 7,715,364 | |||
Novartis AG | 140,192 | 11,793,407 | |||
Roche Holding AG | 26,507 | 8,522,895 | |||
Taiwan 0.8% | 4,776,792 | ||||
Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 88,722 | 4,776,792 | |||
United Kingdom 11.7% | 72,802,512 | ||||
Amcor PLC (A) | 1,595,700 | 15,170,290 | |||
Associated British Foods PLC | 261,810 | 7,644,607 | |||
Direct Line Insurance Group PLC | 1,565,816 | 6,241,639 | |||
Ferguson PLC | 69,242 | 6,033,034 | |||
Informa PLC | 662,539 | 5,863,758 | |||
Reckitt Benckiser Group PLC | 108,220 | 7,996,683 | |||
Tesco PLC | 3,422,767 | 10,198,254 | |||
Unilever NV | 258,617 | 13,654,247 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 9 |
Shares | Value | ||||
United States 49.3% | $307,688,372 | ||||
Advance Auto Parts, Inc. | 73,570 | 9,783,337 | |||
Alphabet, Inc., Class A (B) | 12,412 | 16,622,771 | |||
Apple, Inc. | 110,898 | 30,315,077 | |||
Arthur J. Gallagher & Company | 79,531 | 7,753,477 | |||
Cisco Systems, Inc. | 119,311 | 4,764,088 | |||
Comcast Corp., Class A | 312,557 | 12,636,680 | |||
Exxon Mobil Corp. | 264,707 | 13,616,528 | |||
Fortune Brands Home & Security, Inc. | 160,346 | 9,901,366 | |||
Huntington Bancshares, Inc. | 809,802 | 9,936,271 | |||
Johnson & Johnson | 137,911 | 18,546,271 | |||
Johnson Controls International PLC | 374,245 | 13,686,140 | |||
JPMorgan Chase & Co. | 111,170 | 12,907,949 | |||
KeyCorp | 684,168 | 11,186,147 | |||
Microsoft Corp. | 181,114 | 29,342,279 | |||
Mondelez International, Inc., Class A | 121,850 | 6,433,680 | |||
Oracle Corp. | 316,353 | 15,646,819 | |||
Philip Morris International, Inc. | 136,496 | 11,174,928 | |||
Raytheon Company | 33,213 | 6,262,643 | |||
Synchrony Financial | 286,543 | 8,338,401 | |||
United Technologies Corp. | 173,421 | 22,647,048 | |||
Verizon Communications, Inc. | 308,097 | 16,686,534 | |||
Wells Fargo & Company | 330,890 | 13,516,857 | |||
Whirlpool Corp. (A) | 46,794 | 5,983,081 | |||
Preferred securities 1.9% | $11,791,191 | ||||
(Cost $10,092,864) | |||||
South Korea 1.9% | 11,791,191 | ||||
Samsung Electronics Company, Ltd. | 308,861 | 11,791,191 | |||
Yield (%) | Shares | Value | |||
Short-term investments 3.7% | $23,437,083 | ||||
(Cost $23,436,615) | |||||
Short-term funds 3.7% | 23,437,083 | ||||
John Hancock Collateral Trust (C) | 1.6968(D) | 126,463 | 1,265,760 | ||
JPMorgan U.S. Treasury Plus Money Market Fund, Institutional Class | 1.4286(D) | 22,171,323 | 22,171,323 |
Total investments (Cost $568,285,085) 99.6% | $621,882,678 | ||||
Other assets and liabilities, net 0.4% | 2,441,739 | ||||
Total net assets 100.0% | $624,324,417 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | All or a portion of this security is on loan as of 2-29-20. |
10 | JOHN HANCOCK GLOBAL EQUITY FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
(B) | Non-income producing security. |
(C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 2-29-20. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK GLOBAL EQUITY FUND | 11 |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
USD | 38,256,016 | EUR | 34,345,907 | RBCD | 6/17/2020 | $111,484 | — |
$111,484 | — |
Derivatives Currency Abbreviations | |
EUR | Euro |
USD | U.S. Dollar |
Derivatives Abbreviations | |
OTC | Over-the-counter |
RBCD | RBC Dominion Securities, Inc. |
12 | JOHN HANCOCK GLOBAL EQUITY FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial statements |
Assets | |
Unaffiliated investments, at value (Cost $567,019,793) including $1,233,020 of securities loaned | $620,616,918 |
Affiliated investments, at value (Cost $1,265,292) | 1,265,760 |
Total investments, at value (Cost $568,285,085) | 621,882,678 |
Unrealized appreciation on forward foreign currency contracts | 111,484 |
Foreign currency, at value (Cost $1,238) | 1,218 |
Interest receivable | 1,982,577 |
Receivable for fund shares sold | 2,005,182 |
Receivable for investments sold | 20,379,118 |
Receivable for securities lending income | 1,335 |
Other assets | 80,412 |
Total assets | 646,444,004 |
Liabilities | |
Payable for investments purchased | 20,520,094 |
Payable for fund shares repurchased | 225,723 |
Payable upon return of securities loaned | 1,262,504 |
Payable to affiliates | |
Accounting and legal services fees | 17,547 |
Transfer agent fees | 6,650 |
Distribution and service fees | 58 |
Trustees' fees | 1,633 |
Other liabilities and accrued expenses | 85,378 |
Total liabilities | 22,119,587 |
Net assets | $624,324,417 |
Net assets consist of | |
Paid-in capital | $757,169,445 |
Total distributable earnings (loss) | (132,845,028) |
Net assets | $624,324,417 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 13 |
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 ($40,973,507 ÷ 3,682,050 shares)1 | $11.13 |
Class C ($7,869,812 ÷ 707,049 shares)1 | $11.13 |
Class I ($13,559,806 ÷ 1,218,745 shares) | $11.13 |
Class R2 ($131,484 ÷ 11,788 shares) | $11.15 |
Class R4 ($49,531 ÷ 4,451 shares) | $11.13 |
Class R6 ($26,756,020 ÷ 2,405,371 shares) | $11.12 |
Class NAV ($534,984,257 ÷ 48,119,180 shares) | $11.12 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $11.72 |
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 $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
14 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $6,472,037 |
Interest | 126,834 |
Securities lending | 5,152 |
Less foreign taxes withheld | (203,367) |
Total investment income | 6,400,656 |
Expenses | |
Investment management fees | 2,865,838 |
Distribution and service fees | 114,720 |
Accounting and legal services fees | 64,840 |
Transfer agent fees | 43,319 |
Trustees' fees | 7,031 |
Custodian fees | 102,373 |
State registration fees | 38,799 |
Printing and postage | 21,886 |
Professional fees | 34,494 |
Other | 17,939 |
Total expenses | 3,311,239 |
Less expense reductions | (27,163) |
Net expenses | 3,284,076 |
Net investment income | 3,116,580 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 17,930,416 |
Affiliated investments | 2,785 |
Forward foreign currency contracts | 1,516,235 |
19,449,436 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (18,896,821) |
Affiliated investments | 468 |
Forward foreign currency contracts | (1,150,539) |
(20,046,892) | |
Net realized and unrealized loss | (597,456) |
Increase in net assets from operations | $2,519,124 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 15 |
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $3,116,580 | $14,284,640 |
Net realized gain | 19,449,436 | 5,192,970 |
Change in net unrealized appreciation (depreciation) | (20,046,892) | 5,026,624 |
Increase in net assets resulting from operations | 2,519,124 | 24,504,234 |
Distributions to shareholders | ||
From earnings | ||
Class A | (930,247) | (2,585,019) |
Class C | (132,508) | (623,606) |
Class I | (352,089) | (1,027,952) |
Class R2 | (2,544) | (9,810) |
Class R4 | (1,244) | (3,214) |
Class R6 | (330,603) | (471,887) |
Class NAV | (15,698,858) | (43,948,882) |
Total distributions | (17,448,093) | (48,670,370) |
From fund share transactions | (72,737,951) | (59,762,846) |
Total decrease | (87,666,920) | (83,928,982) |
Net assets | ||
Beginning of period | 711,991,337 | 795,920,319 |
End of period | $624,324,417 | $711,991,337 |
16 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial highlights |
CLASS A SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.47 | $11.92 | $12.03 | $10.94 | $10.24 | $11.66 |
Net investment income (loss)2 | 0.033 | 0.18 | 0.16 | 0.15 | 0.19 | 0.19 |
Net realized and unrealized gain (loss) on investments | (0.12) | 0.08 | 0.72 | 1.11 | 0.68 | (0.74) |
Total from investment operations | (0.09) | 0.26 | 0.88 | 1.26 | 0.87 | (0.55) |
Less distributions | ||||||
From net investment income | (0.19) | (0.20) | (0.17) | (0.17) | (0.17) | (0.24) |
From net realized gain | (0.06) | (0.51) | (0.82) | — | — | (0.63) |
Total distributions | (0.25) | (0.71) | (0.99) | (0.17) | (0.17) | (0.87) |
Net asset value, end of period | $11.13 | $11.47 | $11.92 | $12.03 | $10.94 | $10.24 |
Total return (%)4,5 | (0.96)6 | 3.23 | 7.50 | 11.64 | 8.59 | (4.95) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $41 | $42 | $44 | $46 | $56 | $70 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.307 | 1.30 | 1.28 | 1.29 | 1.36 | 1.36 |
Expenses including reductions | 1.307 | 1.29 | 1.27 | 1.28 | 1.35 | 1.32 |
Net investment income (loss) | 0.493,7 | 1.60 | 1.36 | 1.34 | 1.86 | 1.69 |
Portfolio turnover (%) | 17 | 18 | 43 | 46 | 35 | 458 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Does not reflect the effect of sales charges, if any. |
6 | Not annualized. |
7 | Annualized. |
8 | Excludes merger activity. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 17 |
CLASS C SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.44 | $11.87 | $11.99 | $10.91 | $10.21 | $10.75 |
Net investment income (loss)3 | (0.01)4 | 0.10 | 0.08 | 0.08 | 0.12 | 0.04 |
Net realized and unrealized gain (loss) on investments | (0.12) | 0.10 | 0.71 | 1.09 | 0.67 | (0.58) |
Total from investment operations | (0.13) | 0.20 | 0.79 | 1.17 | 0.79 | (0.54) |
Less distributions | ||||||
From net investment income | (0.12) | (0.12) | (0.09) | (0.09) | (0.09) | — |
From net realized gain | (0.06) | (0.51) | (0.82) | — | — | — |
Total distributions | (0.18) | (0.63) | (0.91) | (0.09) | (0.09) | — |
Net asset value, end of period | $11.13 | $11.44 | $11.87 | $11.99 | $10.91 | $10.21 |
Total return (%)5,6 | (1.33)7 | 2.59 | 6.69 | 10.83 | 7.82 | (5.02)7 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $8 | $10 | $13 | $17 | $18 | $21 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 2.008 | 2.00 | 1.98 | 1.98 | 2.06 | 2.038 |
Expenses including reductions | 2.008 | 1.99 | 1.97 | 1.98 | 2.05 | 2.028 |
Net investment income (loss) | (0.20)4,8 | 0.89 | 0.66 | 0.69 | 1.17 | 0.948 |
Portfolio turnover (%) | 17 | 18 | 43 | 46 | 35 | 459,10 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class C shares is 3-27-15. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Does not reflect the effect of sales charges, if any. |
7 | Not annualized. |
8 | Annualized. |
9 | Excludes merger activity. |
10 | Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
18 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.48 | $11.94 | $12.05 | $10.96 | $10.26 | $11.70 |
Net investment income (loss)2 | 0.053 | 0.21 | 0.19 | 0.21 | 0.23 | 0.22 |
Net realized and unrealized gain (loss) on investments | (0.11) | 0.07 | 0.72 | 1.08 | 0.67 | (0.75) |
Total from investment operations | (0.06) | 0.28 | 0.91 | 1.29 | 0.90 | (0.53) |
Less distributions | ||||||
From net investment income | (0.23) | (0.23) | (0.20) | (0.20) | (0.20) | (0.28) |
From net realized gain | (0.06) | (0.51) | (0.82) | — | — | (0.63) |
Total distributions | (0.29) | (0.74) | (1.02) | (0.20) | (0.20) | (0.91) |
Net asset value, end of period | $11.13 | $11.48 | $11.94 | $12.05 | $10.96 | $10.26 |
Total return (%)4 | (0.86)5 | 3.52 | 7.80 | 11.95 | 8.93 | (4.79) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $14 | $14 | $19 | $26 | $17 | $18 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.006 | 1.01 | 0.98 | 0.97 | 1.05 | 1.07 |
Expenses including reductions | 1.006 | 1.00 | 0.97 | 0.97 | 1.04 | 1.06 |
Net investment income (loss) | 0.793,6 | 1.86 | 1.61 | 1.83 | 2.22 | 1.96 |
Portfolio turnover (%) | 17 | 18 | 43 | 46 | 35 | 457 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Annualized. |
7 | Excludes merger activity. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 19 |
CLASS R2 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.49 | $11.93 | $12.05 | $10.96 | $10.25 | $10.75 |
Net investment income (loss)3 | 0.024 | 0.16 | 0.13 | 0.16 | 0.20 | 0.09 |
Net realized and unrealized gain (loss) on investments | (0.12) | 0.10 | 0.74 | 1.10 | 0.67 | (0.59) |
Total from investment operations | (0.10) | 0.26 | 0.87 | 1.26 | 0.87 | (0.50) |
Less distributions | ||||||
From net investment income | (0.18) | (0.19) | (0.17) | (0.17) | (0.16) | — |
From net realized gain | (0.06) | (0.51) | (0.82) | — | — | — |
Total distributions | (0.24) | (0.70) | (0.99) | (0.17) | (0.16) | — |
Net asset value, end of period | $11.15 | $11.49 | $11.93 | $12.05 | $10.96 | $10.25 |
Total return (%)5 | (1.05)6 | 3.21 | 7.43 | 11.69 | 8.59 | (4.65)6 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—7 | $—7 | $—7 | $—7 | $—7 | $—7 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.398 | 1.39 | 1.30 | 1.23 | 1.29 | 1.188 |
Expenses including reductions | 1.398 | 1.39 | 1.29 | 1.22 | 1.28 | 1.178 |
Net investment income (loss) | 0.404,8 | 1.40 | 1.10 | 1.44 | 1.97 | 1.878 |
Portfolio turnover (%) | 17 | 18 | 43 | 46 | 35 | 459,10 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class R2 shares is 3-27-15. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Not annualized. |
7 | Less than $500,000. |
8 | Annualized. |
9 | Excludes merger activity. |
10 | Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
20 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.48 | $11.93 | $12.04 | $10.95 | $10.25 | $10.75 |
Net investment income (loss)3 | 0.044 | 0.21 | 0.16 | 0.19 | 0.22 | 0.10 |
Net realized and unrealized gain (loss) on investments | (0.11) | 0.08 | 0.75 | 1.09 | 0.67 | (0.60) |
Total from investment operations | (0.07) | 0.29 | 0.91 | 1.28 | 0.89 | (0.50) |
Less distributions | ||||||
From net investment income | (0.22) | (0.23) | (0.20) | (0.19) | (0.19) | — |
From net realized gain | (0.06) | (0.51) | (0.82) | — | — | — |
Total distributions | (0.28) | (0.74) | (1.02) | (0.19) | (0.19) | — |
Net asset value, end of period | $11.13 | $11.48 | $11.93 | $12.04 | $10.95 | $10.25 |
Total return (%)5 | (0.84)6 | 3.54 | 7.74 | 11.91 | 8.86 | (4.65)6 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—7 | $—7 | $—7 | $—7 | $—7 | $—7 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.158 | 1.16 | 1.13 | 1.13 | 1.20 | 1.188 |
Expenses including reductions | 1.048 | 1.05 | 1.02 | 1.02 | 1.09 | 1.078 |
Net investment income (loss) | 0.744,8 | 1.84 | 1.33 | 1.67 | 2.16 | 2.018 |
Portfolio turnover (%) | 17 | 18 | 43 | 46 | 35 | 459,10 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class R4 shares is 3-27-15. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Not annualized. |
7 | Less than $500,000. |
8 | Annualized. |
9 | Excludes merger activity. |
10 | Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 21 |
CLASS R6 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.48 | $11.94 | $12.04 | $10.95 | $10.26 | $10.75 |
Net investment income (loss)3 | 0.054 | 0.22 | 0.22 | 0.24 | 0.27 | 0.10 |
Net realized and unrealized gain (loss) on investments | (0.11) | 0.07 | 0.72 | 1.06 | 0.64 | (0.59) |
Total from investment operations | (0.06) | 0.29 | 0.94 | 1.30 | 0.91 | (0.49) |
Less distributions | ||||||
From net investment income | (0.24) | (0.24) | (0.22) | (0.21) | (0.22) | — |
From net realized gain | (0.06) | (0.51) | (0.82) | — | — | — |
Total distributions | (0.30) | (0.75) | (1.04) | (0.21) | (0.22) | — |
Net asset value, end of period | $11.12 | $11.48 | $11.94 | $12.04 | $10.95 | $10.26 |
Total return (%)5 | (0.77)6 | 3.63 | 7.99 | 12.09 | 8.97 | (4.56)6 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $27 | $7 | $7 | $5 | $2 | $—7 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.898 | 0.90 | 0.88 | 0.88 | 0.95 | 0.938 |
Expenses including reductions | 0.898 | 0.89 | 0.87 | 0.87 | 0.93 | 0.918 |
Net investment income (loss) | 0.914,8 | 1.99 | 1.88 | 2.11 | 2.52 | 2.158 |
Portfolio turnover (%) | 17 | 18 | 43 | 46 | 35 | 459,10 |
1 | Six months ended 2-29-20. Unaudited. |
2 | The inception date for Class R6 shares is 3-27-15. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Not annualized. |
7 | Less than $500,000. |
8 | Annualized. |
9 | Excludes merger activity. |
10 | Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
22 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.48 | $11.93 | $12.04 | $10.95 | $10.26 | $11.70 |
Net investment income (loss)2 | 0.063 | 0.22 | 0.21 | 0.21 | 0.24 | 0.22 |
Net realized and unrealized gain (loss) on investments | (0.12) | 0.09 | 0.72 | 1.09 | 0.67 | (0.72) |
Total from investment operations | (0.06) | 0.31 | 0.93 | 1.30 | 0.91 | (0.50) |
Less distributions | ||||||
From net investment income | (0.24) | (0.25) | (0.22) | (0.21) | (0.22) | (0.31) |
From net realized gain | (0.06) | (0.51) | (0.82) | — | — | (0.63) |
Total distributions | (0.30) | (0.76) | (1.04) | (0.21) | (0.22) | (0.94) |
Net asset value, end of period | $11.12 | $11.48 | $11.93 | $12.04 | $10.95 | $10.26 |
Total return (%)4 | (0.76)5 | 3.73 | 7.92 | 12.09 | 8.97 | (4.54) |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $535 | $638 | $713 | $747 | $762 | $478 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.886 | 0.88 | 0.87 | 0.87 | 0.93 | 0.91 |
Expenses including reductions | 0.876 | 0.88 | 0.86 | 0.86 | 0.93 | 0.91 |
Net investment income (loss) | 0.913,6 | 2.00 | 1.78 | 1.82 | 2.31 | 1.99 |
Portfolio turnover (%) | 17 | 18 | 43 | 46 | 35 | 457 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income is affected by the timing and frequency of the declaration of dividends by the securities in which the fund invests. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Annualized. |
7 | Excludes merger activity. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 23 |
Notes to financial statements (unaudited) |
24 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
France | $68,271,694 | — | $68,271,694 | — |
Hong Kong | 6,275,368 | — | 6,275,368 | — |
Ireland | 24,307,778 | $7,524,982 | 16,782,796 | — |
Japan | 12,086,511 | — | 12,086,511 | — |
Netherlands | 50,565,775 | — | 50,565,775 | — |
Switzerland | 39,879,602 | 11,847,936 | 28,031,666 | — |
Taiwan | 4,776,792 | 4,776,792 | — | — |
United Kingdom | 72,802,512 | — | 72,802,512 | — |
United States | 307,688,372 | 307,688,372 | — | — |
Preferred securities | 11,791,191 | — | 11,791,191 | — |
Short-term investments | 23,437,083 | 23,437,083 | — | — |
Total investments in securities | $621,882,678 | $355,275,165 | $266,607,513 | — |
SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 25 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Derivatives: | ||||
Assets | ||||
Forward foreign currency contracts | $111,484 | — | $111,484 | — |
26 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 27 |
28 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Currency | Unrealized appreciation / depreciation on forward foreign currency contracts | Forward foreign currency contracts | $111,484 | — |
Statement of operations location - Net realized gain (loss) on: | |
Risk | Forward foreign currency contracts |
Currency | $1,516,235 |
SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 29 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Forward foreign currency contracts |
Currency | $(1,150,539) |
30 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT |
Class | Expense reduction |
Class A | $1,696 |
Class C | 358 |
Class I | 563 |
Class R2 | 5 |
Class | Expense reduction |
Class R4 | $2 |
Class R6 | 498 |
Class NAV | 24,014 |
Total | $27,136 |
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% |
SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 31 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $67,071 | $27,505 |
Class C | 47,250 | 5,819 |
Class I | — | 9,145 |
Class R2 | 330 | 9 |
Class R4 | 69 | 4 |
Class R6 | — | 837 |
Total | $114,720 | $43,319 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Borrower | $4,272,951 | 1 | 1.550% | $(184) |
32 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 269,955 | $3,279,423 | 586,538 | $6,515,404 |
Distributions reinvested | 73,170 | 900,721 | 256,366 | 2,494,441 |
Repurchased | (364,889) | (4,426,714) | (804,762) | (8,926,539) |
Net increase (decrease) | (21,764) | $(246,570) | 38,142 | $83,306 |
Class C shares | ||||
Sold | 31,591 | $384,507 | 101,402 | $1,030,409 |
Distributions reinvested | 10,012 | 123,450 | 60,406 | 588,957 |
Repurchased | (207,496) | (2,497,329) | (382,376) | (4,225,894) |
Net decrease | (165,893) | $(1,989,372) | (220,568) | $(2,606,528) |
Class I shares | ||||
Sold | 76,294 | $919,727 | 264,757 | $2,960,161 |
Distributions reinvested | 28,299 | 348,073 | 103,799 | 1,008,926 |
Repurchased | (123,848) | (1,509,570) | (720,899) | (8,088,514) |
Net decrease | (19,255) | $(241,770) | (352,343) | $(4,119,427) |
Class R2 shares | ||||
Sold | 1,408 | $17,370 | 1,945 | $21,374 |
Distributions reinvested | 206 | 2,543 | 702 | 6,845 |
Repurchased | (492) | (6,066) | (7,033) | (77,228) |
Net increase (decrease) | 1,122 | $13,847 | (4,386) | $(49,009) |
Class R4 shares | ||||
Sold | 30 | $360 | 65 | $720 |
Distributions reinvested | 11 | 133 | 30 | 291 |
Repurchased | (1) | (8) | (16) | (177) |
Net increase | 40 | $485 | 79 | $834 |
Class R6 shares | ||||
Sold | 2,067,939 | $25,646,083 | 167,081 | $1,836,366 |
Distributions reinvested | 26,878 | 330,604 | 48,599 | 471,887 |
Repurchased | (285,867) | (3,568,844) | (235,265) | (2,393,742) |
Net increase (decrease) | 1,808,950 | $22,407,843 | (19,585) | $(85,489) |
SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 33 |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 1,347,360 | $15,807,168 | 1,702,222 | $18,648,862 |
Distributions reinvested | 1,277,368 | 15,698,858 | 4,526,146 | 43,948,882 |
Repurchased | (10,119,430) | (124,188,440) | (10,347,463) | (115,584,277) |
Net decrease | (7,494,702) | $(92,682,414) | (4,119,095) | $(52,986,533) |
Total net decrease | (5,891,502) | $(72,737,951) | (4,677,756) | $(59,762,846) |
Portfolio | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 27.2% |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 25.6% |
John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | 9.0% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 7.9% |
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* | 126,463 | $42,017 | $74,759,593 | $(73,539,103) | $2,785 | $468 | $5,152 | — | $1,265,760 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
34 | JOHN HANCOCK Global Equity Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Global Equity Fund | 35 |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor Manulife Investment Management (US) LLC Portfolio Managers Paul G. Boyne Principal distributor John Hancock Investment Management Distributors LLC Custodian Citibank, N.A. Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The fund's proxy voting policies and procedures, as well as the fund proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the fund's holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund's Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your fund, as well asmonthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investment Management at 800-225-5291, or visit our website at jhinvestments.com. Please read the prospectus carefully before investing or sending money.
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed
from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP.
Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the
John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no
representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager
representing one of America's most trusted brands, with a heritage of
financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why
we support the role of professional financial advice and operate with
the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach:
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide
a diverse set of investments backed by some of the world's best
managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Global Equity Fund . It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105620 | 425SA 2/20 4/2020 |
John Hancock
Income Allocation Fund
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A and Class C shares) or 888-972-8696 (Class I and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent the markets skidding during the last week of the period. Prior to the turbulence, investors benefited from a combination of low inflation, accommodative central bank policy, healthy fundamentals, and corporate buybacks of stock. Investors in non-U.S. equities also saw strong gains, fueled in part by similarly supportive monetary policy and some signs of strength in developing markets. In an environment of low inflation and declining interest rates, bonds were also faring well.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered interest rates and lawmakers embarked on a plan to launch major fiscal stimulus to support the economy.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
John Hancock
Income Allocation Fund
INVESTMENT OBJECTIVE
The fund seeks to provide a high level of current income with consideration for capital appreciation and preservation.
AVERAGE ANNUAL TOTAL RETURNS AS OF 2/29/2020(%)
The Blended Index comprises 70% Bloomberg Barclays U.S. Aggregate Bond Index and 30% MSCI World Index.
It is not possible to invest in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower. Since-inception returns for the Morningstar fund category average are not available.
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund's objectives, risks, and strategy, see the fund's prospectus. The fund recently experienced negative short-term performance due to market volatility associated with the COVID-19 pandemic.
ASSET ALLOCATION AS OF 2/29/2020 (%)
Equity | 13.0 | |
International Equity | 13.0 | |
Fixed income | 70.9 | |
Multi-Sector Bond | 26.1 | |
Intermediate Bond | 22.0 | |
High Yield Bond | 10.4 | |
Emerging-Market Debt | 8.3 | |
Bank Loan | 4.1 | |
Exchange-traded funds | 15.2 | |
Short-term investments and other | 0.9 |
As a percentage of net assets.
A note about risks
The fund may be subject to various risks as described in the fund's prospectus. For more information, please refer to the "Principal risks" section of the prospectus and "Subsequent events" section in the Notes to financial statements.
TOTAL RETURNS FOR THE PERIOD ENDED FEBRUARY 29, 2020
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized1 | ||||||||
1-year | 5-year | Since inception2 | 6-month | 5-year | Since inception2 | as of 2-29-20 | as of 2-29-20 | ||||
Class A | 0.88 | 2.24 | 2.41 | -3.46 | 11.73 | 13.45 | 3.15 | -0.72 | |||
Class C | 3.41 | 2.34 | 2.48 | -0.76 | 12.27 | 13.83 | 2.57 | -1.46 | |||
Class I3 | 5.40 | 3.39 | 3.53 | 0.69 | 18.12 | 20.19 | 3.60 | -0.45 | |||
Class R63 | 5.51 | 3.49 | 3.64 | 0.74 | 18.71 | 20.82 | 3.71 | -0.34 | |||
Index 1† | 11.68 | 3.58 | 3.76 | 3.39 | 19.21 | 21.58 | — | — | |||
Index 2† | 4.63 | 5.88 | 6.28 | 0.88 | 33.09 | 38.03 | — | — | |||
Index 3† | 9.83 | 4.45 | 4.70 | 2.79 | 24.30 | 27.50 | — | — |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charges on Class A shares of 4.00% and the applicable contingent deferred sales charge (CDSC) on Class C shares. Class C shares sold within one year of purchase are subject to a 1% CDSC. Sales charges are not applicable to Class I and Class R6 shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectus for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the fund invests. The expense ratios are as follows:
Class A | Class C | Class I | Class R6 | |
Gross (%) | 4.46 | 5.16 | 4.16 | 4.05 |
Net (%) | 1.30 | 2.00 | 1.00 | 0.89 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the fund's website at jhinvestments.com.
The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. The fund's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
† | Index 1 is the Bloomberg Barclays U.S. Aggregate Bond Index; Index 2 is the MSCI World Index; Index 3 is 70% Bloomberg Barclays U.S. Aggregate Bond Index and 30% MSCI World Index. |
See the following page for footnotes.
This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Income Allocation Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in a blended index and two separate indexes.
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | Index 3 ($) | |
Class C4 | 11-14-14 | 11,383 | 11,383 | 12,158 | 13,803 | 12,750 |
Class I3 | 11-14-14 | 12,019 | 12,019 | 12,158 | 13,803 | 12,750 |
Class R63 | 11-14-14 | 12,082 | 12,082 | 12,158 | 13,803 | 12,750 |
The Bloomberg Barclays U.S. Aggregate Bond Index is an unmanaged index of dollar-denominated and non-convertible investment-grade debt issue.
The MSCI World Index (gross of foreign withholding tax on dividends) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets.
The Blended Index comprises 70% Bloomberg Barclays U.S. Aggregate Bond Index and 30% MSCI World Index.
It is not possible to invest in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Footnotes related to performance pages
1 | Unsubsidized yield reflects what the yield would have been without the effect of reimbursements and waivers. |
2 | From 11-14-14. |
3 | For certain types of investors, as described in the fund's prospectus. |
4 | The contingent deferred sales charge is not applicable. |
Your expenses |
6 | JOHN HANCOCK INCOME ALLOCATION FUND | SEMIANNUAL REPORT |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,005.50 | $3.34 | 0.67% |
Hypothetical example | 1,000.00 | 1,021.50 | 3.37 | 0.67% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,002.30 | 6.82 | 1.37% |
Hypothetical example | 1,000.00 | 1,018.10 | 6.87 | 1.37% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,006.90 | 1.85 | 0.37% |
Hypothetical example | 1,000.00 | 1,023.00 | 1.86 | 0.37% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,007.40 | 1.30 | 0.26% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.31 | 0.26% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
2 | Ratios do not include expense indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
SEMIANNUAL REPORT | JOHN HANCOCK INCOME ALLOCATION FUND | 7 |
Fund’s investments |
Shares | Value | ||||
Affiliated investment companies (A) 83.9% | $4,921,016 | ||||
(Cost $4,856,304) | |||||
Equity 13.0% | 762,209 | ||||
Global Equity, Class NAV, JHF II (MIM US) (B) | 22,488 | 250,062 | |||
Global Shareholder Yield, Class NAV, JHF III (Epoch) | 49,435 | 512,147 | |||
Fixed income 70.9% | 4,158,807 | ||||
Bond, Class NAV, JHSB (MIM US) (B) | 77,890 | 1,289,853 | |||
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 51,234 | 488,259 | |||
Floating Rate Income, Class NAV, JHF II (Bain Capital) | 29,289 | 238,413 | |||
High Yield, Class NAV, JHBT (MIM US) (B) | 97,301 | 326,930 | |||
Short Duration Credit Opportunities, Class NAV, JHF II (Stone Harbor) | 26,944 | 256,777 | |||
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 119,655 | 1,277,912 | |||
U.S. High Yield Bond, Class NAV, JHF II (Wells Capital) | 25,585 | 280,663 | |||
Unaffiliated investment companies 15.2% | $889,245 | ||||
(Cost $922,182) | |||||
Exchange-traded funds 15.2% | 889,245 | ||||
Global X MLP ETF (C) | 17,553 | 106,371 | |||
iShares Preferred & Income Securities ETF | 3,216 | 116,741 | |||
SPDR S&P International Dividend ETF (C) | 4,765 | 176,019 | |||
Vanguard Global ex-U.S. Real Estate ETF (C) | 1,051 | 56,901 | |||
Vanguard High Dividend Yield ETF | 4,599 | 379,418 | |||
Vanguard Real Estate ETF | 616 | 53,795 |
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 7.7% | $453,711 | ||||
(Cost $453,628) | |||||
U.S. Government 0.3% | 19,998 | ||||
U.S. Treasury Bill | 1.515 | 03-05-20 | 20,000 | 19,998 |
Yield (%) | Shares | Value | |||
Short-term funds 7.4% | 433,713 | ||||
John Hancock Collateral Trust (D) | 1.6968(E) | 27,734 | 277,589 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 1.5386(E) | 156,124 | 156,124 |
Total investments (Cost $6,232,114) 106.8% | $6,263,972 | ||||
Other assets and liabilities, net (6.8%) | (400,019) | ||||
Total net assets 100.0% | $5,863,953 |
8 | JOHN HANCOCK INCOME ALLOCATION FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
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 | |
JHBT | John Hancock Bond Trust |
JHF II | John Hancock Funds II |
JHF III | John Hancock Funds III |
JHSB | John Hancock Sovereign Bond Fund |
(A) | The underlying funds' subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | All or a portion of this security is on loan as of 2-29-20. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(E) | The rate shown is the annualized seven-day yield as of 2-29-20. |
* | 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. |
Subadvisors of Affiliated Underlying Funds | |
BCSF Advisors, LP (Bain Capital Credit) | (Bain Capital) |
Epoch Investment Partners, Inc. | (Epoch) |
Manulife Investment Management (US) LLC | (MIM US) |
Stone Harbor Investment Partners LP | (Stone Harbor) |
Wells Capital Management, Incorporated | (Wells Capital) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK INCOME ALLOCATION FUND | 9 |
Financial statements |
Assets | |
Unaffiliated investments, at value (Cost $1,098,303) including $271,099 of securities loaned | $1,065,367 |
Affiliated investments, at value (Cost $5,133,811) | 5,198,605 |
Total investments, at value (Cost $6,232,114) | 6,263,972 |
Foreign currency, at value (Cost $1) | 1 |
Dividends and interest receivable | 12,179 |
Receivable for fund shares sold | 500 |
Receivable for investments sold | 31,195 |
Receivable for securities lending income | 290 |
Receivable from affiliates | 1,332 |
Other assets | 41,384 |
Total assets | 6,350,853 |
Liabilities | |
Due to custodian | 145 |
Payable for investments purchased | 131,818 |
Payable for fund shares repurchased | 31,523 |
Payable upon return of securities loaned | 277,540 |
Payable to affiliates | |
Accounting and legal services fees | 163 |
Transfer agent fees | 569 |
Other liabilities and accrued expenses | 45,142 |
Total liabilities | 486,900 |
Net assets | $5,863,953 |
Net assets consist of | |
Paid-in capital | $10,109,973 |
Total distributable earnings (loss) | (4,246,020) |
Net assets | $5,863,953 |
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 ($4,519,597 ÷ 462,945 shares)1 | $9.76 |
Class C ($776,415 ÷ 79,817 shares)1 | $9.73 |
Class I ($390,043 ÷ 39,920 shares) | $9.77 |
Class R6 ($177,898 ÷ 18,200 shares) | $9.77 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $10.17 |
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 $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
10 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Income distributions received from affiliated investments | $92,653 |
Dividends | 28,424 |
Securities lending | 1,643 |
Interest | 511 |
Total investment income | 123,231 |
Expenses | |
Investment management fees | 12,310 |
Distribution and service fees | 11,264 |
Accounting and legal services fees | 565 |
Transfer agent fees | 3,723 |
Trustees' fees | 135 |
Custodian fees | 24,813 |
State registration fees | 24,818 |
Printing and postage | 11,206 |
Professional fees | 33,406 |
Other | 5,188 |
Total expenses | 127,428 |
Less expense reductions | (104,824) |
Net expenses | 22,604 |
Net investment income | 100,627 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | 4,649 |
Affiliated investments | 12,154 |
Capital gain distributions received from affiliated investments | 19,641 |
Futures contracts | 2,027 |
38,471 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (71,120) |
Affiliated investments | (25,296) |
Futures contracts | 283 |
(96,133) | |
Net realized and unrealized loss | (57,662) |
Increase in net assets from operations | $42,965 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Income Allocation Fund | 11 |
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $100,627 | $186,616 |
Net realized gain (loss) | 38,471 | (47,176) |
Change in net unrealized appreciation (depreciation) | (96,133) | 183,504 |
Increase in net assets resulting from operations | 42,965 | 322,944 |
Distributions to shareholders | ||
From earnings | ||
Class A | (86,356) | (149,223) |
Class C | (11,104) | (20,264) |
Class I | (6,028) | (11,271) |
Class R6 | (4,360) | (5,900) |
Total distributions | (107,848) | (186,658) |
From fund share transactions | (146,716) | (234,379) |
Total decrease | (211,599) | (98,093) |
Net assets | ||
Beginning of period | 6,075,552 | 6,173,645 |
End of period | $5,863,953 | $6,075,552 |
12 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial highlights |
CLASS A SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.88 | $9.67 | $9.93 | $9.75 | $9.55 | $10.00 |
Net investment income3,4 | 0.16 | 0.31 | 0.32 | 0.29 | 0.31 | 0.23 |
Net realized and unrealized gain (loss) on investments | (0.10) | 0.21 | (0.24) | 0.21 | 0.34 | (0.42) |
Total from investment operations | 0.06 | 0.52 | 0.08 | 0.50 | 0.65 | (0.19) |
Less distributions | ||||||
From net investment income | (0.16) | (0.31) | (0.34) | (0.32) | (0.43) | (0.25) |
From net realized gain | (0.02) | — | —5 | —5 | (0.02) | (0.01) |
Total distributions | (0.18) | (0.31) | (0.34) | (0.32) | (0.45) | (0.26) |
Net asset value, end of period | $9.76 | $9.88 | $9.67 | $9.93 | $9.75 | $9.55 |
Total return (%)6,7 | 0.558 | 5.52 | 0.80 | 5.30 | 7.13 | (2.00)8 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $5 | $5 | $5 | $6 | $3 | $4 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions9 | 4.0310 | 3.88 | 2.28 | 2.77 | 4.17 | 1.1710 |
Expenses including reductions9 | 0.6710 | 0.62 | 0.62 | 0.63 | 0.62 | 0.8510 |
Net investment income4 | 3.2810 | 3.20 | 3.26 | 2.96 | 3.33 | 2.8510 |
Portfolio turnover (%) | 18 | 29 | 50 | 17 | 34 | 131 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Period from 11-14-14 (commencement of operations) to 8-31-15. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
5 | Less than $0.005 per share. |
6 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
7 | Does not reflect the effect of sales charges, if any. |
8 | Not annualized. |
9 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
10 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Income Allocation Fund | 13 |
CLASS C SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.85 | $9.64 | $9.90 | $9.72 | $9.53 | $10.00 |
Net investment income3,4 | 0.13 | 0.24 | 0.25 | 0.22 | 0.24 | 0.17 |
Net realized and unrealized gain (loss) on investments | (0.10) | 0.21 | (0.24) | 0.22 | 0.35 | (0.44) |
Total from investment operations | 0.03 | 0.45 | 0.01 | 0.44 | 0.59 | (0.27) |
Less distributions | ||||||
From net investment income | (0.13) | (0.24) | (0.27) | (0.26) | (0.38) | (0.19) |
From net realized gain | (0.02) | — | —5 | —5 | (0.02) | (0.01) |
Total distributions | (0.15) | (0.24) | (0.27) | (0.26) | (0.40) | (0.20) |
Net asset value, end of period | $9.73 | $9.85 | $9.64 | $9.90 | $9.72 | $9.53 |
Total return (%)6,7 | 0.238 | 4.80 | 0.09 | 4.58 | 6.41 | (2.71)8 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1 | $1 | $1 | $2 | $1 | $1 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions9 | 4.7310 | 4.58 | 2.98 | 3.47 | 4.86 | 1.8710 |
Expenses including reductions9 | 1.3710 | 1.32 | 1.32 | 1.33 | 1.32 | 1.5510 |
Net investment income4 | 2.5810 | 2.51 | 2.54 | 2.30 | 2.58 | 2.1610 |
Portfolio turnover (%) | 18 | 29 | 50 | 17 | 34 | 131 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Period from 11-14-14 (commencement of operations) to 8-31-15. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
5 | Less than $0.005 per share. |
6 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
7 | Does not reflect the effect of sales charges, if any. |
8 | Not annualized. |
9 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
10 | Annualized. |
14 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.89 | $9.67 | $9.93 | $9.76 | $9.55 | $10.00 |
Net investment income3,4 | 0.18 | 0.34 | 0.36 | 0.32 | 0.33 | 0.26 |
Net realized and unrealized gain (loss) on investments | (0.11) | 0.22 | (0.25) | 0.20 | 0.36 | (0.43) |
Total from investment operations | 0.07 | 0.56 | 0.11 | 0.52 | 0.69 | (0.17) |
Less distributions | ||||||
From net investment income | (0.17) | (0.34) | (0.37) | (0.35) | (0.46) | (0.27) |
From net realized gain | (0.02) | — | —5 | —5 | (0.02) | (0.01) |
Total distributions | (0.19) | (0.34) | (0.37) | (0.35) | (0.48) | (0.28) |
Net asset value, end of period | $9.77 | $9.89 | $9.67 | $9.93 | $9.76 | $9.55 |
Total return (%)6 | 0.697 | 5.94 | 1.11 | 5.51 | 7.51 | (1.76)7 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—8 | $—8 | $—8 | $3 | $2 | $2 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions9 | 3.7310 | 3.60 | 1.98 | 2.46 | 3.86 | 0.8410 |
Expenses including reductions9 | 0.3710 | 0.34 | 0.32 | 0.31 | 0.31 | 0.5310 |
Net investment income4 | 3.5710 | 3.50 | 3.59 | 3.32 | 3.48 | 3.1710 |
Portfolio turnover (%) | 18 | 29 | 50 | 17 | 34 | 131 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Period from 11-14-14 (commencement of operations) to 8-31-15. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
5 | Less than $0.005 per share. |
6 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
7 | Not annualized. |
8 | Less than $500,000. |
9 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
10 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Income Allocation Fund | 15 |
CLASS R6 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-152 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.89 | $9.68 | $9.94 | $9.76 | $9.55 | $10.00 |
Net investment income3,4 | 0.19 | 0.34 | 0.37 | 0.33 | 0.34 | 0.26 |
Net realized and unrealized gain (loss) on investments | (0.11) | 0.22 | (0.25) | 0.21 | 0.35 | (0.42) |
Total from investment operations | 0.08 | 0.56 | 0.12 | 0.54 | 0.69 | (0.16) |
Less distributions | ||||||
From net investment income | (0.18) | (0.35) | (0.38) | (0.36) | (0.46) | (0.28) |
From net realized gain | (0.02) | — | —5 | —5 | (0.02) | (0.01) |
Total distributions | (0.20) | (0.35) | (0.38) | (0.36) | (0.48) | (0.29) |
Net asset value, end of period | $9.77 | $9.89 | $9.68 | $9.94 | $9.76 | $9.55 |
Total return (%)6 | 0.747 | 5.94 | 1.20 | 5.73 | 7.62 | (1.68)7 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—8 | $—8 | $—8 | $1 | $1 | $—8 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions9 | 3.6210 | 3.48 | 1.88 | 2.37 | 3.76 | 0.7410 |
Expenses including reductions9 | 0.2610 | 0.22 | 0.22 | 0.22 | 0.20 | 0.4210 |
Net investment income4 | 3.8010 | 3.53 | 3.69 | 3.42 | 3.57 | 3.3110 |
Portfolio turnover (%) | 18 | 29 | 50 | 17 | 34 | 131 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Period from 11-14-14 (commencement of operations) to 8-31-15. |
3 | Based on average daily shares outstanding. |
4 | Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the fund invests. |
5 | Less than $0.005 per share. |
6 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
7 | Not annualized. |
8 | Less than $500,000. |
9 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
10 | Annualized. |
16 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Notes to financial statements (unaudited) |
SEMIANNUAL REPORT | JOHN HANCOCK Income Allocation Fund | 17 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $4,921,016 | $4,921,016 | — | — |
Unaffiliated investment companies | 889,245 | 889,245 | — | — |
Short-term investments | 453,711 | 433,713 | $19,998 | — |
Total investments in securities | $6,263,972 | $6,243,974 | $19,998 | — |
18 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Income Allocation Fund | 19 |
20 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT |
Statement of operations location - Net realized gain (loss) on: | |
Risk | Futures contracts |
Interest rate | $2,027 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Futures contracts |
Interest rate | $283 |
SEMIANNUAL REPORT | JOHN HANCOCK Income Allocation Fund | 21 |
First $5.0 billion of average net assets | Excess over $5.0 billion of average net assets | |
Assets in a fund of the Trust or JHF III | 0.200% | 0.175% |
Other assets | 0.650% | 0.625% |
Class | Expense reduction |
Class A | $83,033 |
Class | Expense reduction |
Class C | $12,920 |
22 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT |
Class | Expense reduction |
Class I | $5,348 |
Class R6 | 3,523 |
Class | Expense reduction |
Total | $104,824 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
SEMIANNUAL REPORT | JOHN HANCOCK Income Allocation Fund | 23 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $7,422 | $3,043 |
Class C | 3,842 | 473 |
Class I | — | 193 |
Class R6 | — | 14 |
Total | $11,264 | $3,723 |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 77,437 | $774,952 | 91,909 | $877,445 |
Distributions reinvested | 8,634 | 86,242 | 15,609 | 149,203 |
Repurchased | (102,836) | (1,037,272) | (132,006) | (1,268,049) |
Net decrease | (16,765) | $(176,078) | (24,488) | $(241,401) |
Class C shares | ||||
Sold | 9,636 | $97,118 | 26,389 | $253,592 |
Distributions reinvested | 1,037 | 10,325 | 1,991 | 18,933 |
Repurchased | (13,363) | (133,120) | (38,724) | (366,644) |
Net decrease | (2,690) | $(25,677) | (10,344) | $(94,119) |
Class I shares | ||||
Sold | 12,688 | $128,297 | 13,655 | $129,770 |
Distributions reinvested | 603 | 6,028 | 1,180 | 11,271 |
Repurchased | (3,461) | (34,741) | (13,720) | (132,570) |
Net increase | 9,830 | $99,584 | 1,115 | $8,471 |
24 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class R6 shares | ||||
Sold | 200 | $2,000 | 9,234 | $88,679 |
Distributions reinvested | 328 | 3,279 | 414 | 3,991 |
Repurchased | (4,943) | (49,824) | — | — |
Net increase (decrease) | (4,415) | $(44,545) | 9,648 | $92,670 |
Total net decrease | (14,040) | $(146,716) | (24,069) | $(234,379) |
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 |
Bond | 77,890 | $1,398,561 | $262,949 | $(387,700) | $13,163 | $2,880 | $24,162 | $8,619 | $1,289,853 |
Emerging Markets Debt | 51,234 | 498,669 | 75,059 | (97,299) | 148 | 11,682 | 8,614 | — | 488,259 |
Floating Rate Income | 29,289 | 242,857 | 40,403 | (40,556) | (877) | (3,414) | 7,069 | — | 238,413 |
Global Equity | 22,488 | 274,288 | 43,953 | (61,498) | 3,054 | (9,735) | 5,412 | 1,342 | 250,062 |
Global Shareholder Yield | 49,435 | 563,815 | 85,627 | (112,534) | 817 | (25,578) | 7,728 | 9,680 | 512,147 |
High Yield | 97,301 | 334,515 | 51,698 | (54,726) | (414) | (4,143) | 9,448 | — | 326,930 |
John Hancock Collateral Trust* | 27,734 | 50,150 | 3,787,705 | (3,560,315) | (33) | 82 | 1,643 | — | 277,589 |
Short Duration Credit Opportunities | 26,944 | 260,431 | 40,543 | (44,331) | (659) | 793 | 4,744 | — | 256,777 |
Strategic Income Opportunities | 119,655 | 1,338,627 | 206,393 | (271,422) | (2,572) | 6,886 | 16,863 | — | 1,277,912 |
U.S. High Yield Bond | 25,585 | 285,320 | 46,011 | (45,446) | (473) | (4,749) | 8,613 | — | 280,663 |
$12,154 | $(25,296) | $94,296 | $19,641 | $5,198,605 |
SEMIANNUAL REPORT | JOHN HANCOCK Income Allocation Fund | 25 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
26 | JOHN HANCOCK Income Allocation Fund | SEMIANNUAL REPORT |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor Manulife Investment Management (US) LLC Portfolio Managers Nathan W. Thooft, CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The fund's proxy voting policies and procedures, as well as the fund proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the fund's holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund's Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your fund, as well asmonthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investment Management at 800-225-5291, or visit our website at jhinvestments.com. Please read the prospectus carefully before investing or sending money.
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed
from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP.
Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the
John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no
representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager
representing one of America's most trusted brands, with a heritage of
financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why
we support the role of professional financial advice and operate with
the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach:
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide
a diverse set of investments backed by some of the world's best
managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Income Allocation Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105626 | 448SA 2/20 4/2020 |
John Hancock
Small Cap Value Fund
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A shares) or 888-972-8696 (Class I and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent markets tumbling during the last week of the period. Prior to the turbulence that ended the period, investors benefited from a combination of low inflation, accommodative central bank policy, healthy fundamentals, and corporate buybacks of stock.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered short-term interest rates while lawmakers embarked on a plan to launch major fiscal stimulus to support the economy.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
John Hancock
Small Cap Value Fund
INVESTMENT OBJECTIVE
The fund seeks long-term capital appreciation.
AVERAGE ANNUAL TOTAL RETURNS AS OF 2/29/2020 (%)
The Russell 2000 Value Index is an unmanaged index that measures the performance of those Russell 2000 Index companies with lower price-to-book ratios and lower forecasted growth values.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Figures from Morningstar, Inc. include reinvested distributions and do not take into account sales charges. Actual load-adjusted performance is lower. Since-inception returns for the Morningstar fund category average are not available.
1 | Class A shares were first offered on 12-30-13. The returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative. Performance of the other share classes will vary based on the difference in the fees and expenses of those classes. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current month-end performance may be lower or higher than the performance cited, and can be found at jhinvestments.com or by calling 800-225-5291. For further information on the fund's objectives, risks, and strategy, see the fund's prospectus. The fund recently experienced negative short-term performance due to market volatility associated with the COVID-19 pandemic.
SECTOR COMPOSITION AS OF 2/29/2020 (%)
TOP 10 HOLDINGS AS OF 2/29/2020 (%)
Physicians Realty Trust | 2.2 |
TriMas Corp. | 2.1 |
Huron Consulting Group, Inc. | 2.0 |
Mueller Industries, Inc. | 2.0 |
RPT Realty | 2.0 |
First Midwest Bancorp, Inc. | 1.9 |
American Woodmark Corp. | 1.8 |
Belden, Inc. | 1.8 |
Spectrum Brands Holdings, Inc. | 1.7 |
Banc of California, Inc. | 1.6 |
TOTAL | 19.1 |
As a percentage of net assets. | |
Cash and cash equivalents are not included. |
A note about risks
The fund may be subject to various risks as described in the fund's prospectus. For more information, please refer to the "Principal risks" section of the prospectus and "Subsequent events" section in the Notes to financial statements.
TOTAL RETURNS FOR THE PERIOD ENDED FEBRUARY 29, 2020
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||||
1-year | 5-year | 10-year | 6-month | 5-year | 10-year | ||
Class A1 | -12.38 | 1.31 | 8.24 | -9.57 | 6.75 | 120.84 | |
Class I1,2 | -7.47 | 2.68 | 9.00 | -4.63 | 14.15 | 136.84 | |
Class R61,2 | -7.38 | 2.78 | 9.09 | -4.59 | 14.70 | 138.63 | |
Class NAV2 | -7.33 | 2.80 | 9.09 | -4.54 | 14.82 | 138.75 | |
Index† | -9.29 | 3.61 | 8.67 | -2.58 | 19.40 | 129.57 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charges on Class A shares of 5.0%. Sales charges are not applicable to Class I, Class R6, and Class NAV shares.
The expense ratios of the fund, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the fund and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until July 31, 2021 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The expense ratios are as follows:
Class A | Class I | Class R6 | Class NAV | |
Gross (%) | 1.56 | 1.26 | 1.15 | 1.14 |
Net (%) | 1.55 | 1.25 | 1.14 | 1.13 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the fund's website at jhinvestments.com.
The performance table above and the chart on the next page do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. The fund's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
† | Index is the Russell 2000 Value Index. |
See the following page for footnotes.
This chart and table show what happened to a hypothetical $10,000 investment in John Hancock Small Cap Value Fund for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in the Russell 2000 Value Index.
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class I1,2 | 2-28-10 | 23,684 | 23,684 | 22,957 |
Class R61,2 | 2-28-10 | 23,863 | 23,863 | 22,957 |
Class NAV2 | 2-28-10 | 23,875 | 23,875 | 22,957 |
The Russell 2000 Value Index is an unmanaged index that measures the performance of those Russell 2000 Index companies with lower price-to-book ratios and lower forecasted growth values.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
Footnotes related to performance pages
1 | Class A, Class I, and Class R6 shares were first offered on 12-30-13. Returns prior to this date are those of Class NAV shares that include applicable sales charges and have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund's prospectuses. |
Your expenses |
6 | JOHN HANCOCK SMALL CAP VALUE FUND | SEMIANNUAL REPORT |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $952.00 | $7.09 | 1.46% |
Hypothetical example | 1,000.00 | 1,017.60 | 7.32 | 1.46% | |
Class I | Actual expenses/actual returns | 1,000.00 | 953.70 | 5.63 | 1.16% |
Hypothetical example | 1,000.00 | 1,019.10 | 5.82 | 1.16% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 954.10 | 5.10 | 1.05% |
Hypothetical example | 1,000.00 | 1,019.60 | 5.27 | 1.05% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 954.60 | 5.05 | 1.04% |
Hypothetical example | 1,000.00 | 1,019.70 | 5.22 | 1.04% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
SEMIANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 7 |
Fund’s investments |
Shares | Value | ||||
Common stocks 94.9% | $457,427,533 | ||||
(Cost $427,762,843) | |||||
Consumer discretionary 6.6% | 32,009,431 | ||||
Auto components 2.0% | |||||
Cooper Tire & Rubber Company | 165,470 | 4,217,830 | |||
Gentherm, Inc. (A) | 139,740 | 5,698,597 | |||
Hotels, restaurants and leisure 0.6% | |||||
Aramark | 58,740 | 2,040,628 | |||
Wyndham Hotels & Resorts, Inc. | 14,750 | 751,513 | |||
Household durables 2.4% | |||||
Helen of Troy, Ltd. (A) | 24,950 | 4,106,770 | |||
TRI Pointe Group, Inc. (A) | 491,180 | 7,529,789 | |||
Specialty retail 0.5% | |||||
The Cato Corp., Class A | 157,720 | 2,550,332 | |||
Textiles, apparel and luxury goods 1.1% | |||||
Kontoor Brands, Inc. (B) | 151,570 | 5,113,972 | |||
Consumer staples 4.5% | 21,668,629 | ||||
Beverages 1.2% | |||||
C&C Group PLC | 1,296,311 | 5,462,530 | |||
Food products 1.6% | |||||
Cranswick PLC | 161,472 | 6,934,646 | |||
Post Holdings, Inc. (A) | 9,133 | 924,808 | |||
Household products 1.7% | |||||
Spectrum Brands Holdings, Inc. | 154,883 | 8,346,645 | |||
Energy 5.1% | 24,815,016 | ||||
Energy equipment and services 1.9% | |||||
Era Group, Inc. (A) | 218,945 | 2,145,661 | |||
SEACOR Holdings, Inc. (A) | 147,021 | 5,483,883 | |||
SEACOR Marine Holdings, Inc. (A) | 185,778 | 1,476,935 | |||
Oil, gas and consumable fuels 3.2% | |||||
Dorian LPG, Ltd. (A) | 415,933 | 4,625,175 | |||
Kosmos Energy, Ltd. | 1,179,600 | 3,597,780 | |||
Magnolia Oil & Gas Corp., Class A (A) | 517,570 | 3,886,951 | |||
Scorpio Tankers, Inc. | 181,933 | 3,598,631 | |||
Financials 18.9% | 91,258,332 | ||||
Banks 12.4% | |||||
1st Source Corp. | 112,050 | 4,711,703 | |||
Atlantic Union Bankshares Corp. | 208,050 | 6,187,407 | |||
Banc of California, Inc. | 516,408 | 7,916,535 |
8 | JOHN HANCOCK SMALL CAP VALUE FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Financials (continued) | |||||
Banks (continued) | |||||
First Busey Corp. | 222,430 | $4,909,030 | |||
First Midwest Bancorp, Inc. | 495,310 | 8,989,877 | |||
Flushing Financial Corp. | 252,888 | 4,591,182 | |||
Great Western Bancorp, Inc. | 262,250 | 7,046,658 | |||
Hancock Whitney Corp. | 42,637 | 1,428,340 | |||
International Bancshares Corp. | 212,400 | 7,242,840 | |||
Synovus Financial Corp. | 194,354 | 5,640,153 | |||
Webster Financial Corp. | 26,746 | 1,015,546 | |||
Capital markets 0.8% | |||||
Solar Capital, Ltd. | 225,879 | 4,217,161 | |||
Insurance 4.1% | |||||
Alleghany Corp. (A) | 3,600 | 2,420,100 | |||
Argo Group International Holdings, Ltd. | 31,610 | 1,778,379 | |||
Assured Guaranty, Ltd. | 26,175 | 1,068,202 | |||
Kemper Corp. | 109,191 | 7,516,708 | |||
Reinsurance Group of America, Inc. | 9,810 | 1,197,114 | |||
White Mountains Insurance Group, Ltd. | 5,785 | 5,727,729 | |||
Thrifts and mortgage finance 1.6% | |||||
Northwest Bancshares, Inc. | 551,020 | 7,653,668 | |||
Health care 3.6% | 17,507,357 | ||||
Health care equipment and supplies 1.2% | |||||
Lantheus Holdings, Inc. (A) | 212,930 | 3,311,062 | |||
Natus Medical, Inc. (A) | 99,949 | 2,686,629 | |||
Health care providers and services 1.1% | |||||
AMN Healthcare Services, Inc. (A) | 68,866 | 5,068,538 | |||
Health care technology 1.3% | |||||
Allscripts Healthcare Solutions, Inc. (A) | 854,261 | 6,441,128 | |||
Industrials 27.8% | 134,051,674 | ||||
Aerospace and defense 0.8% | |||||
Astronics Corp. (A) | 189,815 | 3,847,550 | |||
Air freight and logistics 1.4% | |||||
Forward Air Corp. | 114,110 | 6,733,631 | |||
Building products 3.4% | |||||
American Woodmark Corp. (A) | 105,340 | 8,824,332 | |||
Tyman PLC | 2,357,927 | 7,326,005 | |||
Commercial services and supplies 5.3% | |||||
ACCO Brands Corp. | 754,130 | 6,040,581 | |||
BrightView Holdings, Inc. (A) | 266,956 | 3,737,384 | |||
Clean Harbors, Inc. (A) | 19,700 | 1,369,544 | |||
Matthews International Corp., Class A | 131,740 | 3,894,234 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 9 |
Shares | Value | ||||
Industrials (continued) | |||||
Commercial services and supplies (continued) | |||||
SP Plus Corp. (A) | 156,148 | $5,700,963 | |||
Steelcase, Inc., Class A | 298,940 | 4,848,807 | |||
Construction and engineering 2.0% | |||||
Primoris Services Corp. | 163,580 | 3,104,748 | |||
Valmont Industries, Inc. | 57,470 | 6,679,163 | |||
Electrical equipment 1.2% | |||||
Thermon Group Holdings, Inc. (A) | 337,118 | 5,923,163 | |||
Machinery 6.6% | |||||
Albany International Corp., Class A | 26,440 | 1,694,011 | |||
ESCO Technologies, Inc. | 38,867 | 3,533,788 | |||
Luxfer Holdings PLC | 418,358 | 6,488,733 | |||
Mueller Industries, Inc. | 347,030 | 9,709,899 | |||
TriMas Corp. (A) | 401,807 | 10,185,807 | |||
Professional services 4.8% | |||||
CBIZ, Inc. (A) | 88,585 | 2,306,753 | |||
Forrester Research, Inc. (A) | 144,309 | 5,203,783 | |||
Huron Consulting Group, Inc. (A) | 165,500 | 9,820,770 | |||
ICF International, Inc. | 78,380 | 5,955,312 | |||
Road and rail 0.9% | |||||
Saia, Inc. (A) | 50,448 | 4,404,615 | |||
Trading companies and distributors 1.4% | |||||
GATX Corp. | 93,920 | 6,718,098 | |||
Information technology 7.8% | 37,373,141 | ||||
Electronic equipment, instruments and components 4.4% | |||||
Belden, Inc. | 215,630 | 8,610,106 | |||
Coherent, Inc. (A) | 30,460 | 3,920,507 | |||
CTS Corp. | 220,100 | 5,738,007 | |||
Rogers Corp. (A) | 22,600 | 2,621,600 | |||
IT services 1.6% | |||||
WNS Holdings, Ltd., ADR (A) | 117,475 | 7,734,554 | |||
Semiconductors and semiconductor equipment 1.5% | |||||
Onto Innovation, Inc. (A) | 235,157 | 7,188,749 | |||
Software 0.3% | |||||
CDK Global, Inc. | 33,890 | 1,559,618 | |||
Materials 5.9% | 28,253,210 | ||||
Chemicals 3.7% | |||||
Element Solutions, Inc. (A) | 268,070 | 2,785,247 | |||
Orion Engineered Carbons SA | 508,100 | 7,220,101 | |||
Sensient Technologies Corp. | 44,010 | 2,164,412 | |||
Stepan Company | 65,800 | 5,779,214 |
10 | JOHN HANCOCK SMALL CAP VALUE FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Materials (continued) | |||||
Containers and packaging 0.3% | |||||
Sealed Air Corp. | 48,940 | $1,483,371 | |||
Paper and forest products 1.9% | |||||
Louisiana-Pacific Corp. | 67,150 | 1,910,418 | |||
Neenah, Inc. | 119,620 | 6,910,447 | |||
Real estate 12.7% | 61,068,504 | ||||
Equity real estate investment trusts 12.7% | |||||
Alexander & Baldwin, Inc. | 393,140 | 7,391,032 | |||
Brandywine Realty Trust | 532,840 | 7,235,967 | |||
Corporate Office Properties Trust | 292,260 | 7,405,868 | |||
DiamondRock Hospitality Company | 492,332 | 4,490,068 | |||
Lexington Realty Trust | 226,150 | 2,345,176 | |||
Physicians Realty Trust | 551,640 | 10,403,930 | |||
PotlatchDeltic Corp. | 214,058 | 7,864,491 | |||
RPT Realty | 733,610 | 9,507,586 | |||
Summit Hotel Properties, Inc. | 477,280 | 4,424,386 | |||
Utilities 2.0% | 9,422,239 | ||||
Gas utilities 2.0% | |||||
New Jersey Resources Corp. | 91,730 | 3,238,986 | |||
Spire, Inc. | 60,642 | 4,551,182 | |||
UGI Corp. | 45,285 | 1,632,071 | |||
Yield (%) | Shares | Value | |||
Short-term investments 6.6% | $31,594,269 | ||||
(Cost $31,594,199) | |||||
Short-term funds 0.1% | 194,269 | ||||
John Hancock Collateral Trust (C) | 1.6968(D) | 19,410 | 194,269 |
Par value^ | Value | ||||
Repurchase agreement 6.5% | 31,400,000 | ||||
Deutsche Bank Tri-Party Repurchase Agreement dated 2-28-20 at 1.600% to be repurchased at $27,203,627 on 3-2-20, collateralized by $27,201,100 U.S. Treasury Notes, 1.500% due 1-31-27 (valued at $27,744,030) | 27,200,000 | 27,200,000 | |||
Nomura Securities International, Inc. Tri-Party Repurchase Agreement dated 2-28-20 at 1.580% to be repurchased at $4,200,553 on 3-2-20, collateralized by $4,132,600 U.S. Treasury Notes, 2.125% due 12-31-22 (valued at $4,284,037) | 4,200,000 | 4,200,000 |
Total investments (Cost $459,357,042) 101.5% | $489,021,802 | ||||
Other assets and liabilities, net (1.5%) | (7,047,702) | ||||
Total net assets 100.0% | $481,974,100 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK SMALL CAP VALUE FUND | 11 |
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 | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 2-29-20. |
(C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 2-29-20. |
12 | JOHN HANCOCK SMALL CAP VALUE FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial statements |
Assets | |
Unaffiliated investments, at value (Cost $459,162,843) including $190,456 of securities loaned | $488,827,533 |
Affiliated investments, at value (Cost $194,199) | 194,269 |
Total investments, at value (Cost $459,357,042) | 489,021,802 |
Cash | 65,931 |
Foreign currency, at value (Cost $61) | 60 |
Dividends and interest receivable | 268,103 |
Receivable for fund shares sold | 2,717,252 |
Receivable for investments sold | 547,386 |
Receivable for securities lending income | 86 |
Other assets | 47,675 |
Total assets | 492,668,295 |
Liabilities | |
Payable for investments purchased | 9,714,083 |
Payable for fund shares repurchased | 682,665 |
Payable upon return of securities loaned | 194,320 |
Payable to affiliates | |
Accounting and legal services fees | 14,465 |
Transfer agent fees | 12,025 |
Trustees' fees | 825 |
Other liabilities and accrued expenses | 75,812 |
Total liabilities | 10,694,195 |
Net assets | $481,974,100 |
Net assets consist of | |
Paid-in capital | $446,908,370 |
Total distributable earnings (loss) | 35,065,730 |
Net assets | $481,974,100 |
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 ($26,852,950 ÷ 1,496,545 shares)1 | $17.94 |
Class I ($88,628,973 ÷ 4,933,600 shares) | $17.96 |
Class R6 ($9,377,312 ÷ 521,965 shares) | $17.97 |
Class NAV ($357,114,865 ÷ 19,895,670 shares) | $17.95 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $18.88 |
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 $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 13 |
Investment income | |
Dividends | $5,562,771 |
Interest | 176,748 |
Securities lending | 8,776 |
Less foreign taxes withheld | (34,743) |
Total investment income | 5,713,552 |
Expenses | |
Investment management fees | 2,989,349 |
Distribution and service fees | 47,457 |
Accounting and legal services fees | 54,959 |
Transfer agent fees | 84,148 |
Trustees' fees | 5,926 |
Custodian fees | 41,981 |
State registration fees | 21,395 |
Printing and postage | 21,207 |
Professional fees | 31,255 |
Other | 13,635 |
Total expenses | 3,311,312 |
Less expense reductions | (22,994) |
Net expenses | 3,288,318 |
Net investment income | 2,425,234 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 16,718,072 |
Affiliated investments | (247) |
16,717,825 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (31,346,921) |
Affiliated investments | 97 |
(31,346,824) | |
Net realized and unrealized loss | (14,628,999) |
Decrease in net assets from operations | $(12,203,765) |
14 | JOHN HANCOCK Small Cap Value Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $2,425,234 | $5,448,388 |
Net realized gain | 16,717,825 | 15,947,928 |
Change in net unrealized appreciation (depreciation) | (31,346,824) | (83,066,485) |
Decrease in net assets resulting from operations | (12,203,765) | (61,670,169) |
Distributions to shareholders | ||
From earnings | ||
Class A | (1,163,817) | (1,502,336) |
Class I | (4,209,273) | (3,978,218) |
Class R6 | (428,294) | (494,301) |
Class NAV | (19,106,751) | (14,343,868) |
Total distributions | (24,908,135) | (20,318,723) |
From fund share transactions | (85,040,314) | 154,237,259 |
Total increase (decrease) | (122,152,214) | 72,248,367 |
Net assets | ||
Beginning of period | 604,126,314 | 531,877,947 |
End of period | $481,974,100 | $604,126,314 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 15 |
Financial highlights |
CLASS A SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $19.54 | $23.06 | $20.15 | $20.18 | $18.89 | $19.30 |
Net investment income2 | 0.04 | 0.12 | 0.03 | 0.143 | 0.02 | —4 |
Net realized and unrealized gain (loss) on investments | (0.85) | (2.83) | 4.00 | 0.80 | 2.09 | 0.51 |
Total from investment operations | (0.81) | (2.71) | 4.03 | 0.94 | 2.11 | 0.51 |
Less distributions | ||||||
From net investment income | (0.12) | (0.07) | (0.11) | (0.06) | —4 | —4 |
From net realized gain | (0.67) | (0.74) | (1.01) | (0.91) | (0.82) | (0.92) |
Total distributions | (0.79) | (0.81) | (1.12) | (0.97) | (0.82) | (0.92) |
Net asset value, end of period | $17.94 | $19.54 | $23.06 | $20.15 | $20.18 | $18.89 |
Total return (%)5,6 | (4.80)7 | (11.28) | 20.52 | 4.37 | 11.55 | 2.53 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $27 | $31 | $45 | $59 | $86 | $9 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.478 | 1.46 | 1.50 | 1.52 | 1.54 | 1.75 |
Expenses including reductions | 1.468 | 1.46 | 1.49 | 1.52 | 1.53 | 1.58 |
Net investment income (loss) | 0.418 | 0.60 | 0.14 | 0.693 | 0.11 | (0.02) |
Portfolio turnover (%) | 10 | 29 | 25 | 26 | 25 | 22 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.12 and 0.57%, respectively. |
4 | Less than $0.005 per share. |
5 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
6 | Does not reflect the effect of sales charges, if any. |
7 | Not annualized. |
8 | Annualized. |
16 | JOHN HANCOCK Small Cap Value Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $19.58 | $23.13 | $20.20 | $20.22 | $18.93 | $19.34 |
Net investment income2 | 0.07 | 0.18 | 0.09 | 0.203 | 0.09 | 0.04 |
Net realized and unrealized gain (loss) on investments | (0.84) | (2.86) | 4.03 | 0.82 | 2.08 | 0.53 |
Total from investment operations | (0.77) | (2.68) | 4.12 | 1.02 | 2.17 | 0.57 |
Less distributions | ||||||
From net investment income | (0.18) | (0.13) | (0.18) | (0.13) | (0.06) | (0.06) |
From net realized gain | (0.67) | (0.74) | (1.01) | (0.91) | (0.82) | (0.92) |
Total distributions | (0.85) | (0.87) | (1.19) | (1.04) | (0.88) | (0.98) |
Net asset value, end of period | $17.96 | $19.58 | $23.13 | $20.20 | $20.22 | $18.93 |
Total return (%)4 | (4.63)5 | (11.08) | 20.93 | 4.70 | 11.87 | 2.82 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $89 | $93 | $108 | $99 | $82 | $53 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.176 | 1.18 | 1.20 | 1.21 | 1.22 | 1.29 |
Expenses including reductions | 1.166 | 1.17 | 1.20 | 1.20 | 1.21 | 1.27 |
Net investment income | 0.706 | 0.91 | 0.42 | 0.963 | 0.47 | 0.21 |
Portfolio turnover (%) | 10 | 29 | 25 | 26 | 25 | 22 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.12 and 0.57%, respectively. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 17 |
CLASS R6 SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $19.59 | $23.14 | $20.21 | $20.23 | $18.94 | $19.36 |
Net investment income2 | 0.08 | 0.20 | 0.11 | 0.173 | 0.11 | 0.08 |
Net realized and unrealized gain (loss) on investments | (0.83) | (2.85) | 4.03 | 0.86 | 2.09 | 0.52 |
Total from investment operations | (0.75) | (2.65) | 4.14 | 1.03 | 2.20 | 0.60 |
Less distributions | ||||||
From net investment income | (0.20) | (0.16) | (0.20) | (0.14) | (0.09) | (0.10) |
From net realized gain | (0.67) | (0.74) | (1.01) | (0.91) | (0.82) | (0.92) |
Total distributions | (0.87) | (0.90) | (1.21) | (1.05) | (0.91) | (1.02) |
Net asset value, end of period | $17.97 | $19.59 | $23.14 | $20.21 | $20.23 | $18.94 |
Total return (%)4 | (4.59)5 | (10.95) | 21.03 | 4.78 | 12.02 | 3.00 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $9 | $10 | $14 | $1 | $—6 | $—6 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.067 | 1.06 | 1.10 | 1.12 | 1.13 | 7.67 |
Expenses including reductions | 1.057 | 1.06 | 1.09 | 1.11 | 1.10 | 1.09 |
Net investment income | 0.827 | 1.00 | 0.50 | 0.833 | 0.59 | 0.40 |
Portfolio turnover (%) | 10 | 29 | 25 | 26 | 25 | 22 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.12 and 0.57%, respectively. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Less than $500,000. |
7 | Annualized. |
18 | JOHN HANCOCK Small Cap Value Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 2-29-201 | 8-31-19 | 8-31-18 | 8-31-17 | 8-31-16 | 8-31-15 |
Per share operating performance | ||||||
Net asset value, beginning of period | $19.57 | $23.12 | $20.20 | $20.22 | $18.94 | $19.35 |
Net investment income2 | 0.09 | 0.21 | 0.11 | 0.223 | 0.10 | 0.09 |
Net realized and unrealized gain (loss) on investments | (0.84) | (2.86) | 4.02 | 0.82 | 2.10 | 0.52 |
Total from investment operations | (0.75) | (2.65) | 4.13 | 1.04 | 2.20 | 0.61 |
Less distributions | ||||||
From net investment income | (0.20) | (0.16) | (0.20) | (0.15) | (0.10) | (0.10) |
From net realized gain | (0.67) | (0.74) | (1.01) | (0.91) | (0.82) | (0.92) |
Total distributions | (0.87) | (0.90) | (1.21) | (1.06) | (0.92) | (1.02) |
Net asset value, end of period | $17.95 | $19.57 | $23.12 | $20.20 | $20.22 | $18.94 |
Total return (%)4 | (4.54)5 | (10.95) | 21.01 | 4.80 | 12.01 | 3.05 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $357 | $470 | $365 | $285 | $255 | $271 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.056 | 1.05 | 1.09 | 1.10 | 1.11 | 1.12 |
Expenses including reductions | 1.046 | 1.04 | 1.08 | 1.10 | 1.10 | 1.09 |
Net investment income | 0.856 | 1.07 | 0.52 | 1.023 | 0.59 | 0.48 |
Portfolio turnover (%) | 10 | 29 | 25 | 26 | 25 | 22 |
1 | Six months ended 2-29-20. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.12 and 0.57%, respectively. |
4 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
5 | Not annualized. |
6 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 19 |
Notes to financial statements (unaudited) |
20 | JOHN HANCOCK Small Cap Value Fund | SEMIANNUAL REPORT |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Consumer discretionary | $32,009,431 | $32,009,431 | — | — |
Consumer staples | 21,668,629 | 9,271,453 | $12,397,176 | — |
Energy | 24,815,016 | 24,815,016 | — | — |
Financials | 91,258,332 | 91,258,332 | — | — |
Health care | 17,507,357 | 17,507,357 | — | — |
Industrials | 134,051,674 | 126,725,669 | 7,326,005 | — |
Information technology | 37,373,141 | 37,373,141 | — | — |
Materials | 28,253,210 | 28,253,210 | — | — |
Real estate | 61,068,504 | 61,068,504 | — | — |
Utilities | 9,422,239 | 9,422,239 | — | — |
Short-term investments | 31,594,269 | 194,269 | 31,400,000 | — |
Total investments in securities | $489,021,802 | $437,898,621 | $51,123,181 | — |
SEMIANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 21 |
22 | JOHN HANCOCK Small Cap Value Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 23 |
24 | JOHN HANCOCK Small Cap Value Fund | SEMIANNUAL REPORT |
Class | Expense reduction |
Class A | $1,200 |
Class I | 3,946 |
Class R6 | 394 |
Class | Expense reduction |
Class NAV | $17,454 |
Total | $22,994 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
SEMIANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 25 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $47,457 | $19,471 |
Class I | — | 63,993 |
Class R6 | — | 684 |
Total | $47,457 | $84,148 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $5,900,000 | 1 | 1.550% | $254 |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 100,829 | $2,118,547 | 284,043 | $5,691,875 |
Distributions reinvested | 54,079 | 1,154,043 | 86,467 | 1,494,143 |
Repurchased | (238,112) | (4,915,611) | (756,047) | (14,720,730) |
Net decrease | (83,204) | $(1,643,021) | (385,537) | $(7,534,712) |
26 | JOHN HANCOCK Small Cap Value Fund | SEMIANNUAL REPORT |
Six Months Ended 2-29-20 | Year Ended 8-31-19 | |||
Shares | Amount | Shares | Amount | |
Class I shares | ||||
Sold | 756,186 | $15,612,654 | 1,140,130 | $22,959,704 |
Distributions reinvested | 196,142 | 4,187,626 | 229,355 | 3,965,557 |
Repurchased | (780,217) | (15,934,835) | (1,267,130) | (23,975,618) |
Net increase | 172,111 | $3,865,445 | 102,355 | $2,949,643 |
Class R6 shares | ||||
Sold | 85,784 | $1,799,700 | 78,713 | $1,575,755 |
Distributions reinvested | 20,061 | 428,294 | 28,606 | 494,301 |
Repurchased | (86,440) | (1,807,100) | (189,027) | (3,777,979) |
Net increase (decrease) | 19,405 | $420,894 | (81,708) | $(1,707,923) |
Class NAV shares | ||||
Sold | 851,256 | $16,705,559 | 11,335,652 | $224,376,376 |
Distributions reinvested | 895,769 | 19,106,751 | 830,566 | 14,343,868 |
Repurchased | (5,871,846) | (123,495,942) | (3,941,810) | (78,189,993) |
Net increase (decrease) | (4,124,821) | $(87,683,632) | 8,224,408 | $160,530,251 |
Total net increase (decrease) | (4,016,509) | $(85,040,314) | 7,859,518 | $154,237,259 |
SEMIANNUAL REPORT | JOHN HANCOCK Small Cap Value Fund | 27 |
Portfolio | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 26.2% |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 19.9% |
John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio | 13.0% |
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* | 19,410 | $2,867,284 | $27,757,183 | $(30,430,048) | $(247) | $97 | $8,776 | — | $194,269 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
28 | JOHN HANCOCK Small Cap Value Fund | SEMIANNUAL REPORT |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor Wellington Management Company LLP Portfolio Managers Edmond C. Griffin, CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The fund's proxy voting policies and procedures, as well as the fund proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the fund's holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The fund's Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your fund, as well asmonthly portfolio holdings, and other fund details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
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we support the role of professional financial advice and operate with
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John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Small Cap Value Fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105650 | 439SA 2/20 4/2020 |
John Hancock
Multi-Index Lifetime Portfolios
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 888-972-8696 (Class R4 and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent the markets skidding during the last week of the period. Prior to the turbulence, investors benefited from a combination of low inflation, accommodative central bank policy, healthy fundamentals, and corporate buybacks of stock. Investors in non-U.S. equities also saw strong gains, fueled in part by similarly supportive monetary policy and some signs of strength in developing markets. In an environment of low inflation and declining interest rates, bonds were also faring well.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered interest rates and lawmakers embarked on a plan to launch major fiscal stimulus to support the economy.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
.
John Hancock
Multi-Index Lifetime Portfolios
Table of contents
2 | Multi-Index Lifetime Portfolios' strategy at a glance | |
3 | Portfolio summary | |
4 | Multi-Index 2060 Lifetime Portfolio | |
5 | Multi-Index 2055 Lifetime Portfolio | |
6 | Multi-Index 2050 Lifetime Portfolio | |
7 | Multi-Index 2045 Lifetime Portfolio | |
8 | Multi-Index 2040 Lifetime Portfolio | |
9 | Multi-Index 2035 Lifetime Portfolio | |
10 | Multi-Index 2030 Lifetime Portfolio | |
11 | Multi-Index 2025 Lifetime Portfolio | |
12 | Multi-Index 2020 Lifetime Portfolio | |
13 | Multi-Index 2015 Lifetime Portfolio | |
14 | Multi-Index 2010 Lifetime Portfolio | |
15 | Your expenses | |
18 | Portfolios' investments | |
25 | Financial statements | |
35 | Financial highlights | |
46 | Notes to financial statements | |
61 | More information |
Multi-Index Lifetime Portfolios' strategy at a glance
A SIMPLE, STRATEGIC PATH TO HELP YOU REACH YOUR RETIREMENT GOALS
Multi-Index Lifetime Portfolios make diversification easy because the asset mix of each portfolio automatically changes over time.
• | Portfolios with dates further off initially invest more aggressively in stock funds. |
• | As a portfolio approaches its target date,1 the allocation will gradually migrate to more conservative fixed-income funds. |
• | Once the target date is reached, the allocation will continue to become increasingly conservative until it reaches the end of its glide path, investing primarily in fixed-income funds. |
JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS—AUTOMATICALLY ADJUST OVER TIME2
The chart below illustrates how the asset allocation mix of John Hancock Multi-Index Lifetime Portfolio adjusts over time.
The principal value of each portfolio is not guaranteed and you could lose money at any time, including at or after the target date.
1 Based on an estimated retirement date.
2 Allocations may vary as a result of market activity or cash allocations held during unusual market or economic conditions.
MULTI-INDEX 2060-2010 LIFETIME PORTFOLIOS' CLASS 1 SHARE RETURNS (%)
For the six months ended 2/29/2020
MARKET INDEX TOTAL RETURNS
For the six month period ended 2/29/20
U.S. Stocks | S&P 500 Index | 1.92% |
Russell Midcap Index | -1.11% | |
Russell 2000 Index | -0.52% | |
FTSE NAREIT All Equity REIT Index | -3.95% | |
International Stocks | MSCI EAFE Index | -0.91% |
MSCI Emerging Markets Index | 2.93% | |
MSCI EAFE Small Cap Index | 0.42% | |
Fixed Income | Bloomberg Barclays U.S. Aggregate Bond Index | 3.39% |
ICE Bank of America U.S. High Yield Master II Index | 1.31% | |
JP Morgan Global Government Bonds Unhedged Index | 1.11% |
Multi-Index 2060 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2060 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2060+ Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2060 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 66.50% Russell 3000 Index, 28.50% MSCI ACWI ex-USA Index, 4.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.00% the ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2060+ Index. The S&P Target Date 2060+ Index better reflects the universe of investment opportunities based on the fund's current investment strategy
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 57.4 | |
Large blend | 57.4 | |
Unaffiliated investment companies/ Exchange-traded funds | 38.1 | |
Equity | 35.2 | |
Fixed income | 2.9 | |
U.S. Government | 2.5 | |
Short-term investments | 2.0 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 |
Average annual total returns | ||||||||
1-year | 3.60 | 3.77 | 3.71 | 3.25 | 11.68 | 6.51 | 8.19 | 4.95 |
Since inception | 8.44 | 8.57 | 8.51 | 8.59 | 4.00 | 10.39 | 11.94 | 9.89 |
Cumulative returns | ||||||||
6-months | 0.94 | 1.02 | 0.96 | 0.58 | 3.39 | 2.51 | 1.92 | 1.44 |
Since inception | 37.39 | 38.03 | 37.75 | 38.12 | 16.61 | 47.36 | 55.59 | 44.72 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.46 | 1.11 | 1.15 |
Net (%) | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 4-7-17. Returns prior to this date are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2055 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2055 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is theS&P Target Date 2055 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2055 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 66.50% Russell 3000 Index, 28.50% MSCI ACWI ex-USA Index, 4.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.00% the ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2055 Index. The S&P Target Date 2055 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 57.6 | |
Large blend | 57.6 | |
Unaffiliated investment companies/ Exchange-traded funds | 38.3 | |
Equity | 35.4 | |
Fixed income | 2.9 | |
U.S. Government | 2.6 | |
Short-term investments | 1.5 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 |
Average annual total returns | ||||||||
1-year | 3.60 | 3.77 | 3.71 | 3.17 | 11.68 | 6.51 | 8.19 | 4.95 |
5-year | 5.70 | 5.85 | 5.79 | 5.86 | 3.58 | 7.03 | 9.23 | 6.67 |
Since inception | 6.51 | 6.68 | 6.63 | 6.43 | 3.92 | 7.88 | 10.29 | 7.37 |
Cumulative returns | ||||||||
6-months | 0.99 | 1.05 | 1.00 | 0.54 | 3.39 | 2.51 | 1.92 | 1.44 |
5-year | 31.92 | 32.88 | 32.51 | 32.93 | 19.21 | 40.45 | 55.49 | 38.11 |
Since inception | 45.41 | 46.74 | 46.35 | 44.72 | 25.62 | 56.85 | 78.79 | 52.43 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.12 | 0.77 | 0.81 |
Net (%) | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 3-26-14 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2050 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2050 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1isthe S&P Target Date 2050 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2050 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 66.50% Russell 3000 Index, 28.50% MSCI ACWI ex-USA Index, 4.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.00% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2050 Index. The S&P Target Date 2050 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 57.7 | |
Large blend | 57.7 | |
Unaffiliated investment companies/ Exchange-traded funds | 38.4 | |
Equity | 35.5 | |
Fixed income | 2.9 | |
U.S. Government | 2.6 | |
Short-term investments | 1.3 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 |
Average annual total returns | ||||||||
1-year | 3.47 | 3.72 | 3.75 | 3.24 | 11.68 | 6.51 | 8.19 | 4.95 |
5-year | 5.67 | 5.85 | 5.81 | 5.81 | 3.58 | 7.03 | 9.23 | 6.67 |
Since inception | 6.88 | 7.07 | 7.02 | 6.66 | 3.86 | 8.09 | 10.70 | 7.62 |
Cumulative returns | ||||||||
6-months | 0.88 | 0.95 | 0.98 | 0.58 | 3.39 | 2.51 | 1.92 | 1.44 |
5-year | 31.78 | 32.89 | 32.64 | 32.63 | 19.21 | 40.45 | 55.49 | 38.11 |
Since inception | 52.16 | 53.87 | 53.41 | 50.25 | 27.03 | 63.44 | 89.94 | 58.99 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.07 | 0.72 | 0.76 |
Net (%) | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2045 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2045 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2045 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3 is the John Hancock 2045 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 66.50% Russell 3000 Index, 28.50% MSCI ACWI ex-USA Index, 4.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.00% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2045 Index. The S&P Target Date 2045 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 56.9 | |
Large blend | 56.9 | |
Unaffiliated investment companies/ Exchange-traded funds | 38.1 | |
Equity | 35.1 | |
Fixed income | 3.0 | |
U.S. Government | 2.6 | |
Short-term investments | 2.4 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 |
Average annual total returns | ||||||||
1-year | 3.56 | 3.81 | 3.77 | 3.43 | 11.68 | 6.51 | 8.19 | 4.95 |
5-year | 5.67 | 5.84 | 5.80 | 5.73 | 3.58 | 7.03 | 9.23 | 6.67 |
Since inception | 6.86 | 7.04 | 6.99 | 6.55 | 3.86 | 8.09 | 10.70 | 7.62 |
Cumulative returns | ||||||||
6-months | 0.94 | 1.02 | 1.06 | 0.63 | 3.39 | 2.51 | 1.92 | 1.44 |
5-year | 31.73 | 32.79 | 32.58 | 32.11 | 19.21 | 40.45 | 55.49 | 38.11 |
Since inception | 51.99 | 53.62 | 53.16 | 49.25 | 27.03 | 63.44 | 89.94 | 58.99 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.05 | 0.70 | 0.74 |
Net (%) | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2040 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2040 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2040 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2040 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is theS&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 64.40% Russell 3000 Index, 27.60% MSCI ACWI ex-USA Index, 6.40% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.60% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2040 Index. The S&P Target Date 2040 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 55.2 | |
Large blend | 55.2 | |
Unaffiliated investment companies/ Exchange-traded funds | 39.0 | |
Equity | 33.7 | |
Fixed income | 5.3 | |
U.S. Government | 4.2 | |
Short-term investments | 1.6 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 |
Average annual total returns | ||||||||
1-year | 4.02 | 4.29 | 4.14 | 3.70 | 11.68 | 6.98 | 8.19 | 5.19 |
5-year | 5.81 | 5.93 | 5.89 | 5.65 | 3.58 | 7.12 | 9.23 | 6.72 |
Since inception | 6.97 | 7.13 | 7.08 | 6.45 | 3.86 | 8.17 | 10.70 | 7.66 |
Cumulative returns | ||||||||
6-months | 1.31 | 1.39 | 1.33 | 0.75 | 3.39 | 2.65 | 1.92 | 1.58 |
5-year | 32.60 | 33.36 | 33.13 | 31.64 | 19.21 | 41.07 | 55.49 | 38.43 |
Since inception | 53.02 | 54.47 | 53.98 | 48.39 | 27.03 | 64.16 | 89.94 | 59.35 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.04 | 0.69 | 0.73 |
Net (%) | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations from 6-15-16 to 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2035 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2035 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2035 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2035 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 59.50% Russell 3000 Index, 25.50% MSCI ACWI ex-USA Index, 12% Bloomberg Barclays U.S. Aggregate Bond Index, and 3% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2035 Index. The S&P Target Date 2060 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 50.8 | |
Large blend | 50.8 | |
Unaffiliated investment companies/ Exchange-traded funds | 43.4 | |
Equity | 31.0 | |
Fixed income | 12.4 | |
U.S. Government | 5.5 | |
Short-term investments | 0.3 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 |
Average annual total returns | ||||||||
1-year | 4.71 | 5.00 | 4.95 | 4.15 | 11.68 | 7.94 | 8.19 | 5.66 |
5-year | 5.65 | 5.82 | 5.76 | 5.52 | 3.58 | 6.99 | 9.23 | 6.59 |
Since inception | 6.82 | 7.01 | 6.95 | 6.30 | 3.86 | 8.07 | 10.70 | 7.53 |
Cumulative returns | ||||||||
6-months | 1.59 | 1.77 | 1.73 | 0.93 | 3.39 | 2.72 | 1.92 | 1.73 |
5-year | 31.64 | 32.66 | 32.33 | 30.85 | 19.21 | 40.20 | 55.49 | 37.60 |
Since inception | 51.65 | 53.39 | 52.84 | 47.03 | 27.03 | 63.21 | 89.94 | 58.17 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.04 | 0.69 | 0.73 |
Net (%) | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2030 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2030 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2030 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2030 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 51.80% Russell 3000 Index, 22.20% MSCI ACWI ex-USA Index, 20.80% Bloomberg Barclays U.S. Aggregate Bond Index, and 5.20% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2030 Index. The S&P Target Date 2030 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 45.3 | |
Large blend | 45.3 | |
Unaffiliated investment companies/ Exchange-traded funds | 48.0 | |
Equity | 27.6 | |
Fixed income | 20.4 | |
U.S. Government | 6.7 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 |
Average annual total returns | ||||||||
1-year | 5.52 | 5.69 | 5.64 | 4.83 | 11.68 | 8.95 | 8.19 | 6.46 |
5-year | 5.51 | 5.67 | 5.62 | 5.34 | 3.58 | 6.80 | 9.23 | 6.45 |
Since inception | 6.62 | 6.79 | 6.73 | 6.07 | 3.86 | 7.90 | 10.70 | 7.33 |
Cumulative returns | ||||||||
6-months | 1.97 | 1.95 | 2.00 | 1.19 | 3.39 | 2.80 | 1.92 | 2.10 |
5-year | 30.78 | 31.77 | 31.44 | 29.72 | 19.21 | 38.97 | 55.49 | 36.68 |
Since inception | 49.88 | 51.43 | 50.89 | 45.06 | 27.03 | 61.63 | 89.94 | 56.30 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the fee contractual waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.05 | 0.70 | 0.74 |
Net (%) | 0.63 | 0.37 | 0.42 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2025 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2025 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1isthe S&P Target Date 2025 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2025 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 43.40% Russell 3000 Index, 18.60% MSCI ACWI ex-USA Index, 30.40% Bloomberg Barclays U.S. Aggregate Bond Index, and 7.60% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2025 Index. The S&P Target Date 2025 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 37.4 | |
Large blend | 37.4 | |
Unaffiliated investment companies/ Exchange-traded funds | 50.8 | |
Fixed income | 28.1 | |
Equity | 22.7 | |
U.S. Government | 7.8 | |
Short-term investments | 4.0 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 |
Average annual total returns | ||||||||
1-year | 6.02 | 6.26 | 6.11 | 5.49 | 11.68 | 9.34 | 8.19 | 7.22 |
5-year | 5.23 | 5.40 | 5.33 | 5.13 | 3.58 | 6.42 | 9.23 | 6.18 |
Since inception | 6.27 | 6.45 | 6.38 | 5.81 | 3.86 | 7.57 | 10.70 | 7.00 |
Cumulative returns | ||||||||
6-months | 1.93 | 2.07 | 2.01 | 1.43 | 3.39 | 2.71 | 1.92 | 2.33 |
5-year | 29.05 | 30.07 | 29.63 | 28.43 | 19.21 | 36.52 | 55.49 | 34.97 |
Since inception | 46.76 | 48.34 | 47.75 | 42.84 | 27.03 | 58.46 | 89.94 | 53.26 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.06 | 0.71 | 0.75 |
Net (%) | 0.65 | 0.39 | 0.44 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2020 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2020 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1isthe S&P Target Date 2020 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2020 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 36.40% Russell 3000 Index, 15.60% MSCI ACWI ex-USA Index, 38.40% Bloomberg Barclays U.S. Aggregate Bond Index, and 9.60% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2020 Index. The S&P Target Date 2020 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 24.9 | |
Large blend | 24.9 | |
Unaffiliated investment companies/ Exchange-traded funds | 61.9 | |
Fixed income | 39.0 | |
Equity | 22.9 | |
U.S. Government | 7.8 | |
Short-term investments | 5.4 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 |
Average annual total returns | ||||||||
1-year | 6.47 | 6.78 | 6.73 | 6.06 | 11.68 | 9.21 | 8.19 | 7.80 |
5-year | 4.90 | 5.06 | 5.04 | 4.86 | 3.58 | 5.88 | 9.23 | 5.83 |
Since inception | 5.80 | 6.00 | 5.95 | 5.52 | 3.86 | 6.96 | 10.70 | 6.56 |
Cumulative returns | ||||||||
6-months | 1.92 | 2.03 | 2.08 | 1.65 | 3.39 | 2.55 | 1.92 | 2.43 |
5-year | 27.03 | 28.02 | 27.84 | 26.79 | 19.21 | 33.04 | 55.49 | 32.76 |
Since inception | 42.78 | 44.42 | 44.01 | 40.39 | 27.03 | 52.92 | 89.94 | 49.33 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.09 | 0.74 | 0.78 |
Net (%) | 0.64 | 0.38 | 0.43 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2015 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2015 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2015 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2015 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 30.60% Russell 3000 Index, 13.10% MSCI ACWI ex-USA Index, 45.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 11.30% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the Bloomberg Barclays U.S. Aggregate Bond Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2015 Index. The S&P Target Date 2015 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 21.1 | |
Large blend | 21.1 | |
Unaffiliated investment companies/ Exchange-traded funds | 68.3 | |
Fixed income | 48.2 | |
Equity | 20.1 | |
U.S. Government | 8.1 | |
Short-term investments | 2.5 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 |
Average annual total returns | ||||||||
1-year | 6.99 | 7.15 | 7.00 | 6.33 | 11.68 | 8.72 | 8.19 | 8.26 |
5-year | 4.63 | 4.76 | 4.69 | 4.58 | 3.58 | 5.25 | 9.23 | 5.50 |
Since inception | 5.38 | 5.55 | 5.48 | 5.16 | 3.86 | 6.17 | 10.70 | 6.15 |
Cumulative returns | ||||||||
6-months | 1.85 | 2.00 | 1.85 | 1.75 | 3.39 | 2.29 | 1.92 | 2.51 |
5-year | 25.40 | 26.19 | 25.75 | 25.08 | 19.21 | 29.15 | 55.49 | 30.72 |
Since inception | 39.23 | 40.63 | 40.07 | 37.39 | 27.03 | 45.89 | 89.94 | 45.78 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.26 | 0.91 | 0.95 |
Net (%) | 0.63 | 0.37 | 0.42 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2010 Lifetime Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2010 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2010 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and non-convertible investment-grade debt issues.
Index 3is the John Hancock 2010 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 26.25% Russell 3000 Index, 11.25% MSCI ACWI ex-USA Index, 50.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 12.50% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the Bloomberg Barclays U.S. Aggregate Bond Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2010 Index. The S&P Target Date 2010 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 15.5 | |
Large blend | 15.5 | |
Unaffiliated investment companies/ Exchange-traded funds | 73.3 | |
Fixed income | 54.2 | |
Equity | 19.1 | |
U.S. Government | 8.0 | |
Short-term investments | 3.2 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R41,2 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | ||||
Inception | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | 11-7-13 | |||
1-year | 7.25 | 7.42 | 7.36 | 6.76 | 11.68 | 8.27 | 8.19 | 8.62 | |||
5-year | 4.38 | 4.55 | 4.48 | 4.27 | 3.58 | 4.89 | 9.23 | 5.32 | |||
Since inception | 5.10 | 5.28 | 5.22 | 4.74 | 3.86 | 5.60 | 10.70 | 5.88 | |||
6-months | 1.85 | 1.92 | 1.86 | 1.92 | 3.39 | 2.16 | 1.92 | 2.60 | |||
5-year | 23.90 | 24.90 | 24.48 | 23.27 | 19.21 | 26.97 | 55.49 | 29.59 | |||
Since inception | 36.92 | 38.41 | 37.88 | 33.99 | 27.03 | 41.08 | 89.94 | 43.46 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.41 | 1.06 | 1.10 |
Net (%) | 0.61 | 0.35 | 0.40 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class R4 shares were first offered on 11-7-13 and ceased operations between 6-15-16 and 4-7-17. Returns while Class R4 shares were not offered are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Your expenses |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multi-Index 2060 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,009.40 | $0.80 | 0.16% |
Hypothetical example | 1,000.00 | 1,024.10 | 0.81 | 0.16% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,010.20 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,009.60 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multi-Index 2055 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,009.90 | $0.85 | 0.17% |
Hypothetical example | 1,000.00 | 1,024.00 | 0.86 | 0.17% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,010.50 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,010.00 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multi-Index 2050 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,008.80 | $1.25 | 0.25% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.26 | 0.25% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,009.50 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,009.80 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 15 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multi-Index 2045 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,009.40 | $0.85 | 0.17% |
Hypothetical example | 1,000.00 | 1,024.00 | 0.86 | 0.17% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,010.20 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,010.60 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multi-Index 2040 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,013.10 | $0.85 | 0.17% |
Hypothetical example | 1,000.00 | 1,024.00 | 0.86 | 0.17% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,013.90 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,013.30 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multi-Index 2035 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,015.90 | $1.00 | 0.20% |
Hypothetical example | 1,000.00 | 1,023.90 | 1.01 | 0.20% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,017.70 | 0.10 | 0.02% |
Hypothetical example | 1,000.00 | 1,024.80 | 0.10 | 0.02% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,017.30 | 0.35 | 0.07% |
Hypothetical example | 1,000.00 | 1,024.50 | 0.35 | 0.07% | |
Multi-Index 2030 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,019.70 | $1.10 | 0.22% |
Hypothetical example | 1,000.00 | 1,023.80 | 1.11 | 0.22% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,019.50 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,020.00 | 0.50 | 0.10% |
Hypothetical example | 1,000.00 | 1,024.40 | 0.50 | 0.10% | |
Multi-Index 2025 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,019.30 | $1.31 | 0.26% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.31 | 0.26% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,020.70 | 0.45 | 0.09% |
Hypothetical example | 1,000.00 | 1,024.40 | 0.45 | 0.09% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,020.10 | 0.70 | 0.14% |
Hypothetical example | 1,000.00 | 1,024.20 | 0.70 | 0.14% | |
Multi-Index 2020 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,019.20 | $1.61 | 0.32% |
Hypothetical example | 1,000.00 | 1,023.30 | 1.61 | 0.32% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,020.30 | 0.55 | 0.11% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.55 | 0.11% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,020.80 | 0.80 | 0.16% |
Hypothetical example | 1,000.00 | 1,024.10 | 0.81 | 0.16% | |
Multi-Index 2015 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,018.50 | $1.41 | 0.28% |
Hypothetical example | 1,000.00 | 1,023.50 | 1.41 | 0.28% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,020.00 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,018.50 | 0.85 | 0.17% |
Hypothetical example | 1,000.00 | 1,024.00 | 0.86 | 0.17% |
16 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multi-Index 2010 Lifetime Portfolio | |||||
Class R4 | Actual expenses/actual returns | $1,000.00 | $1,018.50 | $1.41 | 0.28% |
Hypothetical example | 1,000.00 | 1,023.50 | 1.41 | 0.28% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,019.20 | 0.55 | 0.11% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.55 | 0.11% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,018.60 | 0.80 | 0.16% |
Hypothetical example | 1,000.00 | 1,024.10 | 0.81 | 0.16% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
2 | Ratios do not include expenses indirectly incurred by the underlying funds and can vary based on the mix of underlying funds held by the portfolios. |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 17 |
Portfolios' investments |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 58.3% | ||
Equity - 58.3% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 1,680,598 | $18,318,515 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $19,762,733) | $18,318,515 | |
UNAFFILIATED INVESTMENT COMPANIES - 38.6% | ||
Exchange-traded funds - 38.6% | ||
Financial Select Sector SPDR Fund | 15,212 | 404,487 |
iShares Edge MSCI Min Vol USA ETF | 8,708 | 533,539 |
iShares JP Morgan USD Emerging Markets Bond ETF | 1,692 | 193,091 |
Schwab U.S. Large-Cap Growth ETF | 7,401 | 660,391 |
Vanguard Dividend Appreciation ETF (C) | 3,337 | 383,455 |
Vanguard FTSE All World ex-US Small-Cap ETF | 7,553 | 744,650 |
Vanguard FTSE Developed Markets ETF | 11,273 | 444,945 |
Vanguard FTSE Emerging Markets ETF | 43,881 | 1,778,058 |
Vanguard Health Care ETF | 2,158 | 378,276 |
Vanguard Information Technology ETF | 1,638 | 385,995 |
Vanguard Intermediate-Term Corporate Bond ETF | 3,589 | 337,940 |
Vanguard Mid-Cap ETF | 14,014 | 2,272,370 |
Vanguard S&P 500 ETF | 10,015 | 2,721,477 |
Vanguard Small-Cap ETF | 3,448 | 511,856 |
Vanguard Total Bond Market ETF | 2,140 | 185,666 |
Xtrackers USD High Yield Corporate Bond ETF | 3,934 | 193,277 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $12,442,102) | $12,129,473 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.6% | ||
U.S. Government - 2.6% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 328,700 | 201,916 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 318,900 | 200,868 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 320,000 | 200,282 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 317,800 | 201,252 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $703,322) | $804,318 | |
SHORT-TERM INVESTMENTS - 2.0% | ||
Short-term funds - 2.0% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 38,069 | 381,028 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 263,207 | 263,207 |
TOTAL SHORT-TERM INVESTMENTS (Cost $644,186) | $644,235 | |
Total investments (Cost $33,552,343) - 101.5% | $31,896,541 | |
Other assets and liabilities, net - (1.5%) | (485,848) | |
TOTAL NET ASSETS - 100.0% | $31,410,693 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 58.1% | ||
Equity - 58.1% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 4,752,466 | $51,801,878 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $56,395,722) | $51,801,878 | |
UNAFFILIATED INVESTMENT COMPANIES - 38.6% | ||
Exchange-traded funds - 38.6% | ||
Financial Select Sector SPDR Fund | 42,577 | 1,132,122 |
iShares Edge MSCI Min Vol USA ETF | 24,999 | 1,531,689 |
iShares JP Morgan USD Emerging Markets Bond ETF | 4,949 | 564,780 |
Schwab U.S. Large-Cap Growth ETF | 20,767 | 1,853,039 |
Vanguard Dividend Appreciation ETF (C) | 9,428 | 1,083,371 |
Vanguard FTSE All World ex-US Small-Cap ETF | 21,732 | 2,142,558 |
Vanguard FTSE Developed Markets ETF | 32,413 | 1,279,341 |
Vanguard FTSE Emerging Markets ETF | 127,128 | 5,151,227 |
Vanguard Health Care ETF | 6,158 | 1,079,436 |
Vanguard Information Technology ETF | 4,588 | 1,081,162 |
Vanguard Intermediate-Term Corporate Bond ETF | 10,395 | 978,793 |
Vanguard Mid-Cap ETF | 39,187 | 6,354,172 |
Vanguard S&P 500 ETF | 28,073 | 7,628,558 |
Vanguard Small-Cap ETF | 9,658 | 1,433,730 |
Vanguard Total Bond Market ETF | 6,173 | 535,569 |
Xtrackers USD High Yield Corporate Bond ETF | 11,537 | 566,813 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $33,933,877) | $34,396,360 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.7% | ||
U.S. Government - 2.7% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 975,100 | 598,990 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 942,300 | 593,534 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 948,800 | 593,836 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 938,400 | 594,256 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $2,081,187) | $2,380,616 | |
SHORT-TERM INVESTMENTS - 1.4% | ||
Short-term funds - 1.4% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 110,604 | 1,107,022 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 197,388 | 197,388 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,304,255) | $1,304,410 | |
Total investments (Cost $93,715,041) - 100.8% | $89,883,264 | |
Other assets and liabilities, net - (0.8%) | (744,833) | |
TOTAL NET ASSETS - 100.0% | $89,138,431 |
18 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 58.2% | ||
Equity - 58.2% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 6,801,076 | $74,131,725 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $80,952,899) | $74,131,725 | |
UNAFFILIATED INVESTMENT COMPANIES - 38.6% | ||
Exchange-traded funds - 38.6% | ||
Financial Select Sector SPDR Fund | 60,933 | 1,620,208 |
iShares Edge MSCI Min Vol USA ETF | 35,812 | 2,194,201 |
iShares JP Morgan USD Emerging Markets Bond ETF | 6,947 | 792,792 |
Schwab U.S. Large-Cap Growth ETF | 29,721 | 2,652,005 |
Vanguard Dividend Appreciation ETF (C) | 13,524 | 1,554,043 |
Vanguard FTSE All World ex-US Small-Cap ETF | 31,129 | 3,069,008 |
Vanguard FTSE Developed Markets ETF | 46,547 | 1,837,210 |
Vanguard FTSE Emerging Markets ETF | 182,104 | 7,378,854 |
Vanguard Health Care ETF | 8,823 | 1,546,584 |
Vanguard Information Technology ETF | 6,565 | 1,547,042 |
Vanguard Intermediate-Term Corporate Bond ETF | 14,593 | 1,374,077 |
Vanguard Mid-Cap ETF | 56,122 | 9,100,182 |
Vanguard S&P 500 ETF | 40,173 | 10,916,611 |
Vanguard Small-Cap ETF | 13,833 | 2,053,509 |
Vanguard Total Bond Market ETF | 8,684 | 753,424 |
Xtrackers USD High Yield Corporate Bond ETF | 16,197 | 795,759 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $48,413,966) | $49,185,509 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.6% | ||
U.S. Government - 2.6% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 1,380,200 | 847,836 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 1,334,400 | 840,510 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 1,344,300 | 841,372 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 1,330,100 | 842,306 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $2,947,797) | $3,372,024 | |
SHORT-TERM INVESTMENTS - 1.3% | ||
Short-term funds - 1.3% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 158,247 | 1,583,879 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 133,353 | 133,353 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,717,027) | $1,717,232 | |
Total investments (Cost $134,031,689) - 100.7% | $128,406,490 | |
Other assets and liabilities, net - (0.7%) | (950,184) | |
TOTAL NET ASSETS - 100.0% | $127,456,306 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 58.0% | ||
Equity - 58.0% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 9,030,367 | $98,430,995 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $107,799,590) | $98,430,995 | |
UNAFFILIATED INVESTMENT COMPANIES - 38.9% | ||
Exchange-traded funds - 38.9% | ||
Financial Select Sector SPDR Fund | 81,809 | 2,175,301 |
iShares Edge MSCI Min Vol USA ETF | 47,346 | 2,900,889 |
iShares JP Morgan USD Emerging Markets Bond ETF | 9,624 | 1,098,291 |
Schwab U.S. Large-Cap Growth ETF | 39,822 | 3,553,317 |
Vanguard Dividend Appreciation ETF (C) | 17,952 | 2,062,864 |
Vanguard FTSE All World ex-US Small-Cap ETF (C) | 41,304 | 4,072,161 |
Vanguard FTSE Developed Markets ETF | 61,731 | 2,436,523 |
Vanguard FTSE Emerging Markets ETF | 241,434 | 9,782,906 |
Vanguard Health Care ETF | 11,707 | 2,052,120 |
Vanguard Information Technology ETF | 8,816 | 2,077,490 |
Vanguard Intermediate-Term Corporate Bond ETF | 20,667 | 1,946,005 |
Vanguard Mid-Cap ETF | 75,359 | 12,219,462 |
Vanguard S&P 500 ETF | 53,874 | 14,639,722 |
Vanguard Small-Cap ETF | 18,544 | 2,752,857 |
Vanguard Total Bond Market ETF | 12,351 | 1,071,573 |
Xtrackers USD High Yield Corporate Bond ETF | 22,204 | 1,090,883 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $64,792,301) | $65,932,364 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.7% | ||
U.S. Government - 2.7% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 1,844,100 | 1,132,803 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 1,783,800 | 1,123,577 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 1,795,700 | 1,123,894 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 1,776,500 | 1,124,995 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $3,937,492) | $4,505,269 | |
SHORT-TERM INVESTMENTS - 2.4% | ||
Short-term funds - 2.4% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 305,664 | 3,059,365 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 1,024,233 | 1,024,233 |
TOTAL SHORT-TERM INVESTMENTS (Cost $4,083,203) | $4,083,598 | |
Total investments (Cost $180,612,586) - 102.0% | $172,952,226 | |
Other assets and liabilities, net - (2.0%) | (3,382,134) | |
TOTAL NET ASSETS - 100.0% | $169,570,092 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 19 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 56.0% | ||
Equity - 56.0% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 10,061,500 | $109,670,355 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $119,275,137) | $109,670,355 | |
UNAFFILIATED INVESTMENT COMPANIES - 39.5% | ||
Exchange-traded funds - 39.5% | ||
Financial Select Sector SPDR Fund | 94,192 | 2,504,565 |
iShares Edge MSCI Min Vol USA ETF | 54,054 | 3,311,889 |
iShares Global Infrastructure ETF | 3,222 | 142,219 |
iShares JP Morgan USD Emerging Markets Bond ETF | 21,852 | 2,493,750 |
Schwab U.S. Large-Cap Growth ETF | 43,720 | 3,901,136 |
Vanguard Dividend Appreciation ETF (C) | 20,746 | 2,383,923 |
Vanguard Energy ETF (C) | 9,248 | 565,330 |
Vanguard FTSE All World ex-US Small-Cap ETF | 46,343 | 4,568,956 |
Vanguard FTSE Developed Markets ETF | 81,249 | 3,206,898 |
Vanguard FTSE Emerging Markets ETF | 234,449 | 9,499,873 |
Vanguard Global ex-U.S. Real Estate ETF (C) | 2,666 | 144,337 |
Vanguard Health Care ETF | 13,562 | 2,377,283 |
Vanguard Information Technology ETF | 10,070 | 2,372,996 |
Vanguard Intermediate-Term Corporate Bond ETF | 36,840 | 3,468,854 |
Vanguard Materials ETF | 2,463 | 281,004 |
Vanguard Mid-Cap ETF | 78,139 | 12,670,239 |
Vanguard Real Estate ETF | 4,760 | 415,691 |
Vanguard S&P 500 ETF | 57,987 | 15,757,389 |
Vanguard Small-Cap ETF | 18,622 | 2,764,436 |
Vanguard Total Bond Market ETF | 28,197 | 2,446,372 |
Xtrackers USD High Yield Corporate Bond ETF | 42,268 | 2,076,627 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $75,315,866) | $77,353,767 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 4.2% | ||
U.S. Government - 4.2% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 3,388,700 | 2,081,628 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 3,277,700 | 2,064,552 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 3,299,200 | 2,064,906 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 3,263,300 | 2,066,533 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $7,235,794) | $8,277,619 | |
SHORT-TERM INVESTMENTS - 1.7% | ||
Short-term funds - 1.7% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 314,459 | 3,147,388 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 98,307 | 98,307 |
TOTAL SHORT-TERM INVESTMENTS (Cost $3,245,035) | $3,245,695 | |
Total investments (Cost $205,071,832) - 101.4% | $198,547,436 | |
Other assets and liabilities, net - (1.4%) | (2,687,336) | |
TOTAL NET ASSETS - 100.0% | $195,860,100 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 50.8% | ||
Equity - 50.8% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 10,727,994 | $116,935,140 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $127,087,915) | $116,935,140 | |
UNAFFILIATED INVESTMENT COMPANIES - 43.4% | ||
Exchange-traded funds - 43.4% | ||
Financial Select Sector SPDR Fund | 86,197 | 2,291,978 |
iShares Edge MSCI Min Vol USA ETF | 72,385 | 4,435,029 |
iShares Global Infrastructure ETF | 8,918 | 393,641 |
iShares JP Morgan USD Emerging Markets Bond ETF | 49,779 | 5,680,779 |
Schwab U.S. Large-Cap Growth ETF | 45,699 | 4,077,722 |
Vanguard Dividend Appreciation ETF | 27,225 | 3,128,425 |
Vanguard Energy ETF | 24,810 | 1,516,635 |
Vanguard FTSE All World ex-US Small-Cap ETF | 50,309 | 4,959,964 |
Vanguard FTSE Developed Markets ETF | 104,669 | 4,131,285 |
Vanguard FTSE Emerging Markets ETF | 208,894 | 8,464,385 |
Vanguard Global ex-U.S. Real Estate ETF | 7,492 | 405,617 |
Vanguard Health Care ETF (C) | 12,435 | 2,179,731 |
Vanguard Information Technology ETF (C) | 9,230 | 2,175,050 |
Vanguard Intermediate-Term Corporate Bond ETF | 103,446 | 9,740,475 |
Vanguard Materials ETF | 6,838 | 780,147 |
Vanguard Mid-Cap ETF | 74,787 | 12,126,712 |
Vanguard Real Estate ETF | 13,309 | 1,162,275 |
Vanguard S&P 500 ETF | 61,152 | 16,617,446 |
Vanguard Small-Cap ETF | 16,736 | 2,484,459 |
Vanguard Total Bond Market ETF | 94,486 | 8,197,605 |
Xtrackers USD High Yield Corporate Bond ETF | 103,587 | 5,089,229 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $96,006,559) | $100,038,589 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 5.5% | ||
U.S. Government - 5.5% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 5,151,900 | 3,164,736 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 4,982,900 | 3,138,621 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 5,015,600 | 3,139,168 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 4,961,400 | 3,141,881 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $10,999,246) | $12,584,406 | |
SHORT-TERM INVESTMENTS - 0.3% | ||
Short-term funds - 0.3% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 42,667 | 427,053 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 175,698 | 175,698 |
TOTAL SHORT-TERM INVESTMENTS (Cost $602,606) | $602,751 | |
Total investments (Cost $234,696,326) - 100.0% | $230,160,886 | |
Other assets and liabilities, net - 0.0% | 66,572 | |
TOTAL NET ASSETS - 100.0% | $230,227,458 |
20 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 45.2% | ||
Equity - 45.2% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 10,623,915 | $115,800,678 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $124,786,836) | $115,800,678 | |
UNAFFILIATED INVESTMENT COMPANIES - 48.0% | ||
Exchange-traded funds - 48.0% | ||
Financial Select Sector SPDR Fund | 90,204 | 2,398,524 |
iShares Edge MSCI Min Vol USA ETF | 128,695 | 7,885,143 |
iShares Global Infrastructure ETF | 15,585 | 687,922 |
iShares JP Morgan USD Emerging Markets Bond ETF | 77,654 | 8,861,874 |
Schwab U.S. Large-Cap Growth ETF | 42,364 | 3,780,140 |
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF | 38,753 | 1,255,985 |
Vanguard Dividend Appreciation ETF | 48,392 | 5,560,725 |
Vanguard Energy ETF | 43,078 | 2,633,358 |
Vanguard FTSE All World ex-US Small-Cap ETF | 50,918 | 5,020,006 |
Vanguard FTSE Developed Markets ETF | 116,730 | 4,607,333 |
Vanguard FTSE Emerging Markets ETF | 158,877 | 6,437,696 |
Vanguard Global ex-U.S. Real Estate ETF | 13,099 | 709,180 |
Vanguard Health Care ETF | 12,939 | 2,268,077 |
Vanguard Information Technology ETF | 9,687 | 2,282,742 |
Vanguard Intermediate-Term Corporate Bond ETF | 180,237 | 16,971,114 |
Vanguard Materials ETF | 11,979 | 1,366,684 |
Vanguard Mid-Cap ETF | 65,669 | 10,648,228 |
Vanguard Real Estate ETF | 23,445 | 2,047,452 |
Vanguard S&P 500 ETF | 37,608 | 10,219,598 |
Vanguard Small-Cap ETF | 13,534 | 2,009,122 |
Vanguard Total Bond Market ETF | 186,068 | 16,143,260 |
Xtrackers USD High Yield Corporate Bond ETF | 185,327 | 9,105,116 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $116,500,574) | $122,899,279 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 6.7% | ||
U.S. Government - 6.7% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 7,023,600 | 4,314,494 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 6,794,000 | 4,279,393 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 6,838,300 | 4,279,962 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 6,765,500 | 4,284,354 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $14,996,630) | $17,158,203 | |
SHORT-TERM INVESTMENTS - 0.0% | ||
Short-term funds - 0.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 1,049 | 1,049 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,049) | $1,049 | |
Total investments (Cost $256,285,089) - 99.9% | $255,859,209 | |
Other assets and liabilities, net - 0.1% | 231,619 | |
TOTAL NET ASSETS - 100.0% | $256,090,828 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 38.9% | ||
Equity - 38.9% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 8,051,026 | $87,756,185 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $92,730,193) | $87,756,185 | |
UNAFFILIATED INVESTMENT COMPANIES - 52.8% | ||
Exchange-traded funds - 52.8% | ||
Financial Select Sector SPDR Fund | 65,351 | 1,737,683 |
Invesco Senior Loan ETF (C) | 92,559 | 2,035,372 |
iShares Edge MSCI Min Vol USA ETF | 156,069 | 9,562,348 |
iShares Global Infrastructure ETF | 18,671 | 824,138 |
iShares JP Morgan USD Emerging Markets Bond ETF | 88,672 | 10,119,249 |
Schwab U.S. Large-Cap Growth ETF | 28,718 | 2,562,507 |
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF | 44,261 | 1,434,499 |
Vanguard Dividend Appreciation ETF (C) | 58,046 | 6,670,066 |
Vanguard Energy ETF (C) | 52,005 | 3,179,066 |
Vanguard FTSE All World ex-US Small-Cap ETF | 38,691 | 3,814,546 |
Vanguard FTSE Developed Markets ETF | 89,950 | 3,550,327 |
Vanguard FTSE Emerging Markets ETF | 81,870 | 3,317,372 |
Vanguard Global ex-U.S. Real Estate ETF | 15,715 | 850,810 |
Vanguard Health Care ETF (C) | 9,404 | 1,648,427 |
Vanguard Information Technology ETF | 7,007 | 1,651,200 |
Vanguard Intermediate-Term Corporate Bond ETF | 222,501 | 20,950,692 |
Vanguard Materials ETF | 14,320 | 1,633,769 |
Vanguard Mid-Cap ETF | 43,293 | 7,019,960 |
Vanguard Real Estate ETF | 28,083 | 2,452,488 |
Vanguard S&P 500 ETF | 5,770 | 1,567,940 |
Vanguard Short-Term Corporate Bond ETF | 40,724 | 3,343,848 |
Vanguard Small-Cap ETF | 7,918 | 1,175,427 |
Vanguard Total Bond Market ETF | 203,301 | 17,638,395 |
Xtrackers USD High Yield Corporate Bond ETF | 214,827 | 10,554,451 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $112,677,786) | $119,294,580 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.2% | ||
U.S. Government - 8.2% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 1,326,087 | 1,341,717 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 1,022,646 | 1,047,905 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 585,493 | 593,732 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 6,321,700 | 3,883,327 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 6,115,300 | 3,851,895 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 6,156,000 | 3,852,923 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 6,088,800 | 3,855,823 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $16,453,751) | $18,427,322 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 21 |
Shares or Principal Amount | Value | |
SHORT-TERM INVESTMENTS - 4.1% | ||
Short-term funds - 4.1% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 938,021 | $9,388,556 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 1,049 | 1,049 |
TOTAL SHORT-TERM INVESTMENTS (Cost $9,389,012) | $9,389,605 | |
Total investments (Cost $231,250,742) - 104.0% | $234,867,692 | |
Other assets and liabilities, net - (4.0%) | (9,059,260) | |
TOTAL NET ASSETS - 100.0% | $225,808,432 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 26.5% | ||
Equity - 26.5% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 3,570,039 | $38,913,425 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $40,104,995) | $38,913,425 | |
UNAFFILIATED INVESTMENT COMPANIES - 65.8% | ||
Exchange-traded funds - 65.8% | ||
Financial Select Sector SPDR Fund | 39,949 | 1,062,244 |
Invesco Senior Loan ETF (C) | 109,131 | 2,399,791 |
iShares Edge MSCI Min Vol USA ETF | 130,699 | 8,007,928 |
iShares Global Infrastructure ETF | 15,439 | 681,477 |
iShares JP Morgan USD Emerging Markets Bond ETF | 70,605 | 8,057,443 |
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF | 35,359 | 1,145,985 |
Vanguard Dividend Appreciation ETF (C) | 47,670 | 5,477,760 |
Vanguard Energy ETF | 42,022 | 2,568,805 |
Vanguard FTSE All World ex-US Small-Cap ETF | 20,061 | 1,977,814 |
Vanguard FTSE Developed Markets ETF | 92,301 | 3,643,120 |
Vanguard FTSE Emerging Markets ETF | 41,075 | 1,664,359 |
Vanguard Global ex-U.S. Real Estate ETF | 12,912 | 699,056 |
Vanguard Health Care ETF | 5,721 | 1,002,834 |
Vanguard Information Technology ETF | 4,269 | 1,005,990 |
Vanguard Intermediate-Term Corporate Bond ETF | 207,737 | 19,560,514 |
Vanguard Materials ETF | 11,960 | 1,364,516 |
Vanguard Mid-Cap ETF | 23,000 | 3,729,450 |
Vanguard Real Estate ETF | 23,113 | 2,018,458 |
Vanguard S&P 500 ETF | 974 | 264,675 |
Vanguard Short-Term Corporate Bond ETF | 56,599 | 4,647,344 |
Vanguard Small-Cap ETF | 4,872 | 723,248 |
Vanguard Total Bond Market ETF | 193,699 | 16,805,325 |
Xtrackers USD High Yield Corporate Bond ETF | 170,301 | 8,366,888 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $92,890,537) | $96,875,024 |
Shares or Principal Amount | Value | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.3% | ||
U.S. Government - 8.3% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 1,796,469 | $1,817,643 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 1,385,318 | 1,419,534 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 793,123 | 804,284 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 3,360,300 | 2,064,183 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 3,249,500 | 2,046,790 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 3,272,100 | 2,047,945 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 3,236,800 | 2,049,752 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $11,179,404) | $12,250,131 | |
SHORT-TERM INVESTMENTS - 5.7% | ||
Short-term funds - 5.7% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 795,943 | 7,966,519 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 471,238 | 471,238 |
TOTAL SHORT-TERM INVESTMENTS (Cost $8,437,272) | $8,437,757 | |
Total investments (Cost $152,612,208) - 106.3% | $156,476,337 | |
Other assets and liabilities, net - (6.3%) | (9,255,425) | |
TOTAL NET ASSETS - 100.0% | $147,220,912 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 21.6% | ||
Equity - 21.6% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 838,761 | $9,142,491 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $9,105,436) | $9,142,491 | |
UNAFFILIATED INVESTMENT COMPANIES - 70.3% | ||
Exchange-traded funds - 70.3% | ||
Invesco Senior Loan ETF (C) | 45,286 | 995,839 |
iShares Edge MSCI Min Vol USA ETF | 38,282 | 2,345,538 |
iShares Global Infrastructure ETF | 4,510 | 199,071 |
iShares JP Morgan USD Emerging Markets Bond ETF | 22,219 | 2,535,632 |
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF | 11,088 | 359,362 |
Vanguard Dividend Appreciation ETF | 13,895 | 1,596,674 |
Vanguard Energy ETF | 12,681 | 775,190 |
Vanguard FTSE All World ex-US Small-Cap ETF | 4,774 | 470,669 |
Vanguard FTSE Developed Markets ETF | 23,182 | 914,994 |
Vanguard FTSE Emerging Markets ETF | 5,765 | 233,598 |
Vanguard Global ex-U.S. Real Estate ETF | 3,793 | 205,353 |
Vanguard Intermediate-Term Corporate Bond ETF | 71,084 | 6,693,269 |
22 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
Exchange-traded funds - (continued) | ||
Vanguard Materials ETF | 3,491 | $398,288 |
Vanguard Mid-Cap ETF | 4,374 | 709,244 |
Vanguard Real Estate ETF | 6,766 | 590,875 |
Vanguard S&P 500 ETF | 558 | 151,631 |
Vanguard Short-Term Corporate Bond ETF | 25,063 | 2,057,923 |
Vanguard Small-Cap ETF | 776 | 115,197 |
Vanguard Total Bond Market ETF | 65,738 | 5,703,429 |
Xtrackers USD High Yield Corporate Bond ETF | 53,238 | 2,615,583 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $28,906,044) | $29,667,359 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.3% | ||
U.S. Government - 8.3% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 781,224 | 790,431 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 602,830 | 617,719 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 344,454 | 349,301 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 717,100 | 440,504 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 693,700 | 436,947 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 698,200 | 436,990 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 691,600 | 437,966 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $3,272,680) | $3,509,858 | |
SHORT-TERM INVESTMENTS - 2.6% | ||
Short-term funds - 2.6% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 101,211 | 1,013,012 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 76,350 | 76,350 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,089,301) | $1,089,362 | |
Total investments (Cost $42,373,461) - 102.8% | $43,409,070 | |
Other assets and liabilities, net - (2.8%) | (1,199,444) | |
TOTAL NET ASSETS - 100.0% | $42,209,626 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 16.0% | ||
Equity - 16.0% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 465,899 | $5,078,296 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $5,187,774) | $5,078,296 | |
UNAFFILIATED INVESTMENT COMPANIES - 76.2% | ||
Exchange-traded funds - 76.2% | ||
Invesco Senior Loan ETF (C) | 44,400 | 976,356 |
iShares Edge MSCI Min Vol USA ETF | 28,833 | 1,766,598 |
iShares Global Infrastructure ETF | 3,381 | 149,237 |
Shares or Principal Amount | Value | |
Exchange-traded funds - (continued) | ||
iShares JP Morgan USD Emerging Markets Bond ETF | 17,885 | $2,041,036 |
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF | 8,890 | 288,125 |
Vanguard Dividend Appreciation ETF | 10,328 | 1,186,790 |
Vanguard Energy ETF | 9,267 | 566,492 |
Vanguard FTSE All World ex-US Small-Cap ETF | 3,104 | 306,023 |
Vanguard FTSE Developed Markets ETF | 20,743 | 818,726 |
Vanguard FTSE Emerging Markets ETF | 2,232 | 90,441 |
Vanguard Global ex-U.S. Real Estate ETF | 2,844 | 153,974 |
Vanguard Intermediate-Term Corporate Bond ETF | 59,466 | 5,599,319 |
Vanguard Materials ETF | 2,602 | 296,862 |
Vanguard Mid-Cap ETF | 2,060 | 334,029 |
Vanguard Real Estate ETF | 5,118 | 446,955 |
Vanguard S&P 500 ETF | 468 | 127,174 |
Vanguard Short-Term Corporate Bond ETF | 25,242 | 2,072,621 |
Vanguard Small-Cap ETF | 296 | 43,941 |
Vanguard Total Bond Market ETF | 54,710 | 4,746,640 |
Xtrackers USD High Yield Corporate Bond ETF | 42,665 | 2,096,131 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $23,579,322) | $24,107,470 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.3% | ||
U.S. Government - 8.3% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 783,673 | 792,909 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 604,129 | 619,050 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 345,595 | 350,458 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 355,700 | 218,501 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 344,500 | 216,993 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 347,200 | 217,306 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 343,200 | 217,337 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $2,506,629) | $2,632,554 | |
SHORT-TERM INVESTMENTS - 3.3% | ||
Short-term funds - 3.3% | ||
John Hancock Collateral Trust, 1.6968% (D)(E) | 99,187 | 992,751 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (D) | 50,491 | 50,491 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,043,183) | $1,043,242 | |
Total investments (Cost $32,316,908) - 103.8% | $32,861,562 | |
Other assets and liabilities, net - (3.8%) | (1,205,730) | |
TOTAL NET ASSETS - 100.0% | $31,655,832 |
JHF II | John Hancock Funds II |
MIM US | Manulife Investment Management (US) LLC |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 23 |
PO | Principal-Only Security - (Principal Tranche of Stripped Security). Rate shown is the annualized yield on date of purchase. |
STRIPS | Separate Trading of Registered Interest and Principal Securities |
(A) | The underlying funds' subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | All or a portion of this security is on loan as of 2-29-20. |
(D) | The rate shown is the annualized seven-day yield as of 2-29-20. |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
24 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial statements |
Multi-Index 2060 Lifetime Portfolio | Multi-Index 2055 Lifetime Portfolio | Multi-Index 2050 Lifetime Portfolio | Multi-Index 2045 Lifetime Portfolio | |
Assets | ||||
Unaffiliated investments, at value | $13,196,998 | $36,974,364 | $52,690,886 | $71,461,866 |
Affiliated investments, at value | 18,699,543 | 52,908,900 | 75,715,604 | 101,490,360 |
Total investments, at value | 31,896,541 | 89,883,264 | 128,406,490 | 172,952,226 |
Interest receivable | 167 | 296 | 472 | 639 |
Receivable for fund shares sold | 135,964 | 414,118 | 485,648 | 409,017 |
Receivable for investments sold | 45,903 | 69,769 | 235,242 | — |
Receivable for securities lending income | 310 | 958 | 849 | 995 |
Receivable from affiliates | 1,281 | 2,133 | 2,790 | 3,422 |
Other assets | 29,649 | 28,835 | 25,957 | 26,240 |
Total assets | 32,109,815 | 90,399,373 | 129,157,448 | 173,392,539 |
Liabilities | ||||
Payable for investments purchased | 292,074 | 125,158 | 61,622 | 731,789 |
Payable for fund shares repurchased | — | 2,692 | 28,849 | 3,141 |
Payable upon return of securities loaned | 380,800 | 1,106,700 | 1,582,700 | 3,058,050 |
Payable to affiliates | ||||
Accounting and legal services fees | 865 | 2,500 | 3,543 | 4,685 |
Transfer agent fees | 53 | 181 | 394 | 583 |
Trustees' fees | — | 51 | 112 | 198 |
Other liabilities and accrued expenses | 25,330 | 23,660 | 23,922 | 24,001 |
Total liabilities | 699,122 | 1,260,942 | 1,701,142 | 3,822,447 |
Net assets | $31,410,693 | $89,138,431 | $127,456,306 | $169,570,092 |
Net assets consist of | ||||
Paid-in capital | $33,107,790 | $92,522,324 | $132,961,258 | $176,289,193 |
Total distributable earnings (loss) | (1,697,097) | (3,383,893) | (5,504,952) | (6,719,101) |
Net assets | $31,410,693 | $89,138,431 | $127,456,306 | $169,570,092 |
Unaffiliated investments, at cost | $13,408,631 | $36,212,452 | $51,495,116 | $69,754,026 |
Affiliated investments, at cost | 20,143,712 | 57,502,589 | 82,536,573 | 110,858,560 |
Total investments, at cost | 33,552,343 | 93,715,041 | 134,031,689 | 180,612,586 |
Securities loaned, at value | $372,672 | $1,083,078 | $1,548,918 | $2,994,010 |
Net asset value per share | ||||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||
Class R4 | ||||
Net assets | $91,180 | $118,495 | $338,692 | $593,618 |
Shares outstanding | 7,988 | 11,076 | 31,353 | 55,677 |
Net asset value, offering price and redemption price per share | $11.41 | $10.70 | $10.80 | $10.66 |
Class R6 | ||||
Net assets | $5,262,946 | $16,507,086 | $36,165,238 | $52,329,421 |
Shares outstanding | 461,561 | 1,543,829 | 3,350,635 | 4,904,204 |
Net asset value, offering price and redemption price per share | $11.40 | $10.69 | $10.79 | $10.67 |
Class 1 | ||||
Net assets | $26,056,567 | $72,512,850 | $90,952,376 | $116,647,053 |
Shares outstanding | 2,284,833 | 6,775,927 | 8,420,474 | 10,935,354 |
Net asset value, offering price and redemption price per share | $11.40 | $10.70 | $10.80 | $10.67 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 25 |
Multi-Index 2040 Lifetime Portfolio | Multi-Index 2035 Lifetime Portfolio | Multi-Index 2030 Lifetime Portfolio | Multi-Index 2025 Lifetime Portfolio | |
Assets | ||||
Unaffiliated investments, at value | $85,729,693 | $112,798,693 | $140,058,531 | $137,722,951 |
Affiliated investments, at value | 112,817,743 | 117,362,193 | 115,800,678 | 97,144,741 |
Total investments, at value | 198,547,436 | 230,160,886 | 255,859,209 | 234,867,692 |
Interest receivable | 553 | 744 | 836 | 1,390 |
Receivable for fund shares sold | 167,000 | 219,224 | 190,156 | 333,211 |
Receivable for investments sold | 484,746 | 691,827 | 1,560,589 | 2,973,599 |
Receivable for securities lending income | 1,264 | 1,101 | 1,860 | 833 |
Receivable from affiliates | 3,861 | 4,408 | 4,593 | 3,966 |
Other assets | 26,420 | 26,624 | 26,529 | 26,351 |
Total assets | 199,231,280 | 231,104,814 | 257,643,772 | 238,207,042 |
Liabilities | ||||
Due to custodian | — | — | 639,161 | 2,132,717 |
Payable for investments purchased | — | 420,579 | 625,411 | 629,939 |
Payable for fund shares repurchased | 195,307 | 181 | 256,709 | 216,650 |
Payable upon return of securities loaned | 3,145,400 | 425,133 | — | 9,388,762 |
Payable to affiliates | ||||
Accounting and legal services fees | 5,494 | 6,333 | 6,960 | 6,182 |
Transfer agent fees | 532 | 568 | 479 | 455 |
Trustees' fees | 247 | 307 | 337 | 286 |
Other liabilities and accrued expenses | 24,200 | 24,255 | 23,887 | 23,619 |
Total liabilities | 3,371,180 | 877,356 | 1,552,944 | 12,398,610 |
Net assets | $195,860,100 | $230,227,458 | $256,090,828 | $225,808,432 |
Net assets consist of | ||||
Paid-in capital | $201,786,442 | $234,094,842 | $256,325,149 | $224,042,921 |
Total distributable earnings (loss) | (5,926,342) | (3,867,384) | (234,321) | 1,765,511 |
Net assets | $195,860,100 | $230,227,458 | $256,090,828 | $225,808,432 |
Unaffiliated investments, at cost | $82,649,967 | $107,181,503 | $131,498,253 | $129,132,586 |
Affiliated investments, at cost | 122,421,865 | 127,514,823 | 124,786,836 | 102,118,156 |
Total investments, at cost | 205,071,832 | 234,696,326 | 256,285,089 | 231,250,742 |
Securities loaned, at value | $3,078,783 | $416,548 | — | $9,188,859 |
Net asset value per share | ||||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||
Class R4 | ||||
Net assets | $158,363 | $812,190 | $2,849,275 | $1,869,776 |
Shares outstanding | 14,795 | 76,039 | 265,742 | 176,385 |
Net asset value, offering price and redemption price per share | $10.70 | $10.68 | $10.72 | $10.60 |
Class R6 | ||||
Net assets | $47,776,902 | $51,368,042 | $41,534,607 | $39,921,759 |
Shares outstanding | 4,468,723 | 4,811,651 | 3,877,097 | 3,767,359 |
Net asset value, offering price and redemption price per share | $10.69 | $10.68 | $10.71 | $10.60 |
Class 1 | ||||
Net assets | $147,924,835 | $178,047,226 | $211,706,946 | $184,016,897 |
Shares outstanding | 13,834,117 | 16,674,768 | 19,767,667 | 17,374,558 |
Net asset value, offering price and redemption price per share | $10.69 | $10.68 | $10.71 | $10.59 |
26 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multi-Index 2020 Lifetime Portfolio | Multi-Index 2015 Lifetime Portfolio | Multi-Index 2010 Lifetime Portfolio | |
Assets | |||
Unaffiliated investments, at value | $109,596,393 | $33,253,567 | $26,790,515 |
Affiliated investments, at value | 46,879,944 | 10,155,503 | 6,071,047 |
Total investments, at value | 156,476,337 | 43,409,070 | 32,861,562 |
Interest receivable | 1,584 | 633 | 604 |
Receivable for fund shares sold | 12,179 | 2,533 | 401 |
Receivable for investments sold | 507,183 | 169,757 | 134,774 |
Receivable for securities lending income | 930 | 58 | 57 |
Receivable from affiliates | 3,198 | 1,566 | 1,441 |
Other assets | 25,846 | 25,181 | 25,115 |
Total assets | 157,027,257 | 43,608,798 | 33,023,954 |
Liabilities | |||
Payable for investments purchased | 708,659 | 186,506 | 132,547 |
Payable for fund shares repurchased | 1,103,125 | 174,958 | 218,444 |
Payable upon return of securities loaned | 7,966,020 | 1,012,950 | 992,691 |
Payable to affiliates | |||
Accounting and legal services fees | 3,980 | 1,126 | 854 |
Transfer agent fees | 382 | 164 | 86 |
Trustees' fees | 157 | 4 | — |
Other liabilities and accrued expenses | 24,022 | 23,464 | 23,500 |
Total liabilities | 9,806,345 | 1,399,172 | 1,368,122 |
Net assets | $147,220,912 | $42,209,626 | $31,655,832 |
Net assets consist of | |||
Paid-in capital | $145,168,609 | $41,269,188 | $31,385,534 |
Total distributable earnings (loss) | 2,052,303 | 940,438 | 270,298 |
Net assets | $147,220,912 | $42,209,626 | $31,655,832 |
Unaffiliated investments, at cost | $104,541,179 | $32,255,074 | $26,136,442 |
Affiliated investments, at cost | 48,071,029 | 10,118,387 | 6,180,466 |
Total investments, at cost | 152,612,208 | 42,373,461 | 32,316,908 |
Securities loaned, at value | $7,795,048 | $992,700 | $972,846 |
Net asset value per share | |||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | |||
Class R4 | |||
Net assets | $3,478,440 | $1,099,008 | $212,548 |
Shares outstanding | 329,945 | 106,434 | 20,768 |
Net asset value, offering price and redemption price per share | $10.54 | $10.33 | $10.23 |
Class R6 | |||
Net assets | $32,867,958 | $14,612,163 | $8,043,030 |
Shares outstanding | 3,117,342 | 1,415,095 | 785,669 |
Net asset value, offering price and redemption price per share | $10.54 | $10.33 | $10.24 |
Class 1 | |||
Net assets | $110,874,514 | $26,498,455 | $23,400,254 |
Shares outstanding | 10,524,192 | 2,566,423 | 2,286,991 |
Net asset value, offering price and redemption price per share | $10.54 | $10.33 | $10.23 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 27 |
Multi-Index 2060 Lifetime Portfolio | Multi-Index 2055 Lifetime Portfolio | Multi-Index 2050 Lifetime Portfolio | Multi-Index 2045 Lifetime Portfolio | |
Investment income | ||||
Income distributions received from affiliated investments | $421,492 | $1,225,268 | $1,742,769 | $2,367,406 |
Dividends | 157,265 | 466,919 | 665,158 | 913,544 |
Interest | 2,681 | 7,065 | 9,736 | 12,829 |
Securities lending | 1,138 | 2,736 | 9,372 | 7,782 |
Other income received from advisor | 1,335 | 3,745 | 5,776 | 7,642 |
Total investment income | 583,911 | 1,705,733 | 2,432,811 | 3,309,203 |
Expenses | ||||
Investment management fees | 35,733 | 105,582 | 150,569 | 205,397 |
Distribution and service fees | 6,791 | 19,243 | 24,881 | 31,999 |
Accounting and legal services fees | 2,795 | 8,266 | 11,800 | 16,091 |
Transfer agent fees | 273 | 977 | 2,203 | 3,458 |
Trustees' fees | 320 | 826 | 1,159 | 1,618 |
Custodian fees | 23,088 | 23,088 | 23,088 | 23,088 |
State registration fees | 16,107 | 16,062 | 14,800 | 14,847 |
Printing and postage | 9,031 | 9,107 | 9,131 | 9,180 |
Professional fees | 14,517 | 13,140 | 13,466 | 13,896 |
Other | 4,956 | 5,323 | 5,432 | 5,875 |
Total expenses | 113,611 | 201,614 | 256,529 | 325,449 |
Less expense reductions | (106,859) | (182,419) | (231,824) | (293,686) |
Net expenses | 6,752 | 19,195 | 24,705 | 31,763 |
Net investment income | 577,159 | 1,686,538 | 2,408,106 | 3,277,440 |
Realized and unrealized gain (loss) | ||||
Net realized gain (loss) on | ||||
Unaffiliated investments | 562,986 | 2,196,678 | 3,030,398 | 4,549,832 |
Affiliated investments | (362,066) | (495,096) | (924,217) | (1,649,435) |
Capital gain distributions received from affiliated investments | 209,092 | 607,827 | 864,547 | 1,174,415 |
410,012 | 2,309,409 | 2,970,728 | 4,074,812 | |
Change in net unrealized appreciation (depreciation) of | ||||
Unaffiliated investments | (746,503) | (2,669,845) | (3,730,942) | (5,275,534) |
Affiliated investments | (109,795) | (699,948) | (771,131) | (200,942) |
(856,298) | (3,369,793) | (4,502,073) | (5,476,476) | |
Net realized and unrealized loss | (446,286) | (1,060,384) | (1,531,345) | (1,401,664) |
Increase in net assets from operations | $130,873 | $626,154 | $876,761 | $1,875,776 |
28 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multi-Index 2040 Lifetime Portfolio | Multi-Index 2035 Lifetime Portfolio | Multi-Index 2030 Lifetime Portfolio | Multi-Index 2025 Lifetime Portfolio | |
Investment income | ||||
Income distributions received from affiliated investments | $2,667,458 | $2,835,462 | $2,713,178 | $2,108,634 |
Dividends | 1,114,321 | 1,506,380 | 1,936,923 | 2,085,333 |
Interest | 20,630 | 29,769 | 39,993 | 35,289 |
Securities lending | 9,113 | 12,904 | 21,819 | 23,303 |
Other income received from advisor | 1,420 | — | — | — |
Total investment income | 3,812,942 | 4,384,515 | 4,711,913 | 4,252,559 |
Expenses | ||||
Investment management fees | 246,396 | 312,477 | 378,354 | 380,995 |
Distribution and service fees | 40,133 | 48,722 | 58,797 | 52,243 |
Accounting and legal services fees | 18,632 | 21,713 | 23,585 | 21,523 |
Transfer agent fees | 3,026 | 3,238 | 2,460 | 2,541 |
Trustees' fees | 1,829 | 2,133 | 2,277 | 2,064 |
Custodian fees | 23,088 | 23,088 | 23,088 | 23,088 |
State registration fees | 14,843 | 14,594 | 14,709 | 14,490 |
Printing and postage | 9,198 | 9,237 | 9,257 | 9,235 |
Professional fees | 14,138 | 14,449 | 14,625 | 14,414 |
Other | 6,130 | 6,097 | 6,628 | 6,355 |
Total expenses | 377,413 | 455,748 | 533,780 | 526,948 |
Less expense reductions | (337,342) | (389,246) | (408,538) | (365,110) |
Net expenses | 40,071 | 66,502 | 125,242 | 161,838 |
Net investment income | 3,772,871 | 4,318,013 | 4,586,671 | 4,090,721 |
Realized and unrealized gain (loss) | ||||
Net realized gain (loss) on | ||||
Unaffiliated investments | 5,525,221 | 5,728,422 | 5,023,781 | 3,914,141 |
Affiliated investments | (2,227,030) | (2,220,217) | (1,709,975) | (2,107,108) |
Capital gain distributions received from affiliated investments | 1,323,264 | 1,406,607 | 1,345,945 | 1,046,044 |
4,621,455 | 4,914,812 | 4,659,751 | 2,853,077 | |
Change in net unrealized appreciation (depreciation) of | ||||
Unaffiliated investments | (5,777,592) | (5,373,494) | (3,728,343) | (2,535,953) |
Affiliated investments | 150,499 | 310,802 | (460,422) | 1,018,826 |
(5,627,093) | (5,062,692) | (4,188,765) | (1,517,127) | |
Net realized and unrealized gain (loss) | (1,005,638) | (147,880) | 470,986 | 1,335,950 |
Increase in net assets from operations | $2,767,233 | $4,170,133 | $5,057,657 | $5,426,671 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 29 |
Multi-Index 2020 Lifetime Portfolio | Multi-Index 2015 Lifetime Portfolio | Multi-Index 2010 Lifetime Portfolio | |
Investment income | |||
Income distributions received from affiliated investments | $1,140,650 | $277,297 | $181,746 |
Dividends | 1,545,912 | 489,779 | 371,226 |
Interest | 20,495 | 5,351 | 3,036 |
Securities lending | 20,982 | 3,093 | 2,551 |
Total investment income | 2,728,039 | 775,520 | 558,559 |
Expenses | |||
Investment management fees | 272,773 | 83,918 | 63,105 |
Distribution and service fees | 34,676 | 9,110 | 6,566 |
Accounting and legal services fees | 13,804 | 4,007 | 2,876 |
Transfer agent fees | 1,995 | 847 | 430 |
Trustees' fees | 1,307 | 448 | 328 |
Custodian fees | 23,088 | 23,088 | 23,088 |
State registration fees | 14,709 | 14,709 | 14,709 |
Printing and postage | 9,156 | 9,067 | 9,100 |
Professional fees | 13,739 | 12,836 | 12,689 |
Other | 6,826 | 5,661 | 5,103 |
Total expenses | 392,073 | 163,691 | 137,994 |
Less expense reductions | (273,790) | (128,812) | (113,512) |
Net expenses | 118,283 | 34,879 | 24,482 |
Net investment income | 2,609,756 | 740,641 | 534,077 |
Realized and unrealized gain (loss) | |||
Net realized gain (loss) on | |||
Unaffiliated investments | 2,041,586 | 1,255,068 | 500,874 |
Affiliated investments | (1,332,025) | (283,943) | (77,724) |
Capital gain distributions received from affiliated investments | 565,850 | 137,561 | 90,160 |
1,275,411 | 1,108,686 | 513,310 | |
Change in net unrealized appreciation (depreciation) of | |||
Unaffiliated investments | (2,033,207) | (1,324,466) | (651,412) |
Affiliated investments | 1,679,670 | 510,958 | 242,728 |
(353,537) | (813,508) | (408,684) | |
Net realized and unrealized gain | 921,874 | 295,178 | 104,626 |
Increase in net assets from operations | $3,531,630 | $1,035,819 | $638,703 |
30 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multi-Index 2060 Lifetime Portfolio | Multi-Index 2055 Lifetime Portfolio | Multi-Index 2050 Lifetime Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $577,159 | $408,295 | $1,686,538 | $1,490,699 | $2,408,106 | $2,197,958 |
Net realized gain | 410,012 | 1,110,812 | 2,309,409 | 4,240,390 | 2,970,728 | 6,078,892 |
Change in net unrealized appreciation (depreciation) | (856,298) | (1,187,284) | (3,369,793) | (5,402,591) | (4,502,073) | (7,850,139) |
Increase in net assets resulting from operations | 130,873 | 331,823 | 626,154 | 328,498 | 876,761 | 426,711 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class R4 | (6,782) | (3,183) | (9,882) | (4,626) | (35,576) | (4,613) |
Class R6 | (291,929) | (88,096) | (1,271,854) | (542,717) | (2,867,100) | (1,795,031) |
Class 1 | (1,805,083) | (1,086,850) | (6,205,398) | (5,896,320) | (7,984,116) | (7,638,917) |
Total distributions | (2,103,794) | (1,178,129) | (7,487,134) | (6,443,663) | (10,886,792) | (9,438,561) |
Portfolio share transactions | ||||||
From portfolio share transactions | 6,300,664 | 11,755,690 | 13,767,321 | 17,520,466 | 19,344,323 | 20,019,559 |
Total increase | 4,327,743 | 10,909,384 | 6,906,341 | 11,405,301 | 9,334,292 | 11,007,709 |
Net assets | ||||||
Beginning of period | 27,082,950 | 16,173,566 | 82,232,090 | 70,826,789 | 118,122,014 | 107,114,305 |
End of period | $31,410,693 | $27,082,950 | $89,138,431 | $82,232,090 | $127,456,306 | $118,122,014 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 31 |
Multi-Index 2045 Lifetime Portfolio | Multi-Index 2040 Lifetime Portfolio | Multi-Index 2035 Lifetime Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $3,277,440 | $3,113,951 | $3,772,871 | $3,688,751 | $4,318,013 | $4,664,086 |
Net realized gain | 4,074,812 | 9,508,386 | 4,621,455 | 10,727,595 | 4,914,812 | 12,054,807 |
Change in net unrealized appreciation (depreciation) | (5,476,476) | (12,046,149) | (5,627,093) | (13,556,965) | (5,062,692) | (14,354,733) |
Increase in net assets resulting from operations | 1,875,776 | 576,188 | 2,767,233 | 859,381 | 4,170,133 | 2,364,160 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class R4 | (57,580) | (4,741) | (13,948) | (4,945) | (67,938) | (4,649) |
Class R6 | (4,588,538) | (3,236,000) | (4,104,547) | (2,881,773) | (4,128,607) | (2,689,468) |
Class 1 | (10,566,473) | (10,461,096) | (13,649,327) | (13,954,863) | (15,362,027) | (16,405,162) |
Total distributions | (15,212,591) | (13,701,837) | (17,767,822) | (16,841,581) | (19,558,572) | (19,099,279) |
Portfolio share transactions | ||||||
From portfolio share transactions | 18,397,933 | 23,955,142 | 21,045,517 | 27,233,941 | 21,949,689 | 24,674,774 |
Total increase | 5,061,118 | 10,829,493 | 6,044,928 | 11,251,741 | 6,561,250 | 7,939,655 |
Net assets | ||||||
Beginning of period | 164,508,974 | 153,679,481 | 189,815,172 | 178,563,431 | 223,666,208 | 215,726,553 |
End of period | $169,570,092 | $164,508,974 | $195,860,100 | $189,815,172 | $230,227,458 | $223,666,208 |
32 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multi-Index 2030 Lifetime Portfolio | Multi-Index 2025 Lifetime Portfolio | Multi-Index 2020 Lifetime Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $4,586,671 | $5,427,306 | $4,090,721 | $5,278,814 | $2,609,756 | $3,741,424 |
Net realized gain | 4,659,751 | 10,771,150 | 2,853,077 | 8,126,315 | 1,275,411 | 4,407,735 |
Change in net unrealized appreciation (depreciation) | (4,188,765) | (11,541,713) | (1,517,127) | (7,181,016) | (353,537) | (2,556,097) |
Increase in net assets resulting from operations | 5,057,657 | 4,656,743 | 5,426,671 | 6,224,113 | 3,531,630 | 5,593,062 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class R4 | (210,191) | (4,314) | (132,382) | (4,197) | (217,405) | (3,823) |
Class R6 | (2,753,408) | (1,322,271) | (2,840,092) | (663,656) | (1,946,565) | (467,775) |
Class 1 | (16,332,135) | (18,396,185) | (13,685,709) | (16,489,542) | (7,530,767) | (10,111,423) |
Total distributions | (19,295,734) | (19,722,770) | (16,658,183) | (17,157,395) | (9,694,737) | (10,583,021) |
Portfolio share transactions | ||||||
From portfolio share transactions | 32,402,295 | 16,651,177 | 19,231,824 | 8,854,475 | 19,042,598 | (5,006,860) |
Total increase (decrease) | 18,164,218 | 1,585,150 | 8,000,312 | (2,078,807) | 12,879,491 | (9,996,819) |
Net assets | ||||||
Beginning of period | 237,926,610 | 236,341,460 | 217,808,120 | 219,886,927 | 134,341,421 | 144,338,240 |
End of period | $256,090,828 | $237,926,610 | $225,808,432 | $217,808,120 | $147,220,912 | $134,341,421 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 33 |
Multi-Index 2015 Lifetime Portfolio | Multi-Index 2010 Lifetime Portfolio | |||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||
From operations | ||||
Net investment income | $740,641 | $1,179,684 | $534,077 | $764,306 |
Net realized gain | 1,108,686 | 985,024 | 513,310 | 612,870 |
Change in net unrealized appreciation (depreciation) | (813,508) | (10,817) | (408,684) | 110,696 |
Increase in net assets resulting from operations | 1,035,819 | 2,153,891 | 638,703 | 1,487,872 |
Distributions to shareholders | ||||
From earnings | ||||
Class R4 | (70,004) | (3,423) | (10,060) | (3,901) |
Class R6 | (929,232) | (134,018) | (401,163) | (103,392) |
Class 1 | (1,881,062) | (2,757,989) | (1,201,493) | (1,879,472) |
Total distributions | (2,880,298) | (2,895,430) | (1,612,716) | (1,986,765) |
Portfolio share transactions | ||||
From portfolio share transactions | 4,211,868 | (2,529,618) | 5,851,384 | (2,461,465) |
Total increase (decrease) | 2,367,389 | (3,271,157) | 4,877,371 | (2,960,358) |
Net assets | ||||
Beginning of period | 39,842,237 | 43,113,394 | 26,778,461 | 29,738,819 |
End of period | $42,209,626 | $39,842,237 | $31,655,832 | $26,778,461 |
34 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2060 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 12.06 | 0.246 | (0.06) | 0.18 | (0.26) | (0.57) | (0.83) | 11.41 | 0.947 | 0.958 | 0.168 | 3.858 | 91 | 27 | ||||||
08-31-2019 | 12.89 | 0.246 | (0.35) | (0.11) | (0.21) | (0.51) | (0.72) | 12.06 | (0.04) | 1.00 | 0.16 | 1.976 | 53 | 13 | ||||||
08-31-2018 | 12.03 | 0.236 | 1.12 | 1.35 | (0.20) | (0.29) | (0.49) | 12.89 | 11.35 | 1.65 | 0.16 | 1.846 | 57 | 24 | ||||||
08-31-20179 | 11.31 | 0.02 | 0.70 | 0.72 | — | — | — | 12.03 | 6.377 | 4.248 | 0.188 | 0.448 | 53 | 4610 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 12.06 | 0.246 | (0.05) | 0.19 | (0.28) | (0.57) | (0.85) | 11.40 | 1.027 | 0.708 | —8 | 3.858 | 5,263 | 27 | ||||||
08-31-2019 | 12.90 | 0.226 | (0.32) | (0.10) | (0.23) | (0.51) | (0.74) | 12.06 | 0.08 | 0.75 | — | 1.886 | 2,758 | 13 | ||||||
08-31-2018 | 12.03 | 0.266 | 1.12 | 1.38 | (0.22) | (0.29) | (0.51) | 12.90 | 11.61 | 1.40 | — | 2.086 | 948 | 24 | ||||||
08-31-2017 | 10.60 | 0.21 | 1.40 | 1.61 | (0.18) | — | (0.18) | 12.03 | 15.40 | 3.99 | 0.02 | 1.91 | 188 | 46 | ||||||
08-31-201611 | 10.00 | 0.03 | 0.57 | 0.60 | — | — | — | 10.60 | 6.007 | 52.888 | 0.108 | 0.608 | 106 | 1 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 12.06 | 0.236 | (0.04) | 0.19 | (0.28) | (0.57) | (0.85) | 11.40 | 0.967 | 0.748 | 0.058 | 3.728 | 26,057 | 27 | ||||||
08-31-2019 | 12.90 | 0.236 | (0.33) | (0.10) | (0.23) | (0.51) | (0.74) | 12.06 | 0.03 | 0.78 | 0.05 | 1.926 | 24,271 | 13 | ||||||
08-31-2018 | 12.03 | 0.226 | 1.15 | 1.37 | (0.21) | (0.29) | (0.50) | 12.90 | 11.56 | 1.44 | 0.05 | 1.756 | 15,168 | 24 | ||||||
08-31-2017 | 10.60 | 0.18 | 1.43 | 1.61 | (0.18) | — | (0.18) | 12.03 | 15.36 | 4.03 | 0.07 | 1.60 | 5,691 | 46 | ||||||
08-31-201611 | 10.00 | 0.01 | 0.59 | 0.60 | — | — | — | 10.60 | 6.007 | 52.918 | 0.158 | 0.318 | 558 | 1 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005 per share, and 0.01% and less than 0.005% for the periods ended 2-29-20 and 8-31-19 and 8-31-18, respectively. |
7 Not annualized. |
8 Annualized. |
9 The inception date for Class R4 shares is 4-7-17. |
10 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
11 Period from 3-30-16 (commencement of operations) to 8-31-16. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 35 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2055 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.48 | 0.236 | (0.04) | 0.19 | (0.25) | (0.72) | (0.97) | 10.70 | 0.997 | 0.668 | 0.178 | 3.838 | 118 | 23 | ||||||
08-31-2019 | 12.71 | 0.236 | (0.40) | (0.17) | (0.23) | (0.83) | (1.06) | 11.48 | (0.14) | 0.65 | 0.16 | 1.966 | 52 | 18 | ||||||
08-31-2018 | 12.18 | 0.236 | 1.13 | 1.36 | (0.23) | (0.60) | (0.83) | 12.71 | 11.42 | 0.73 | 0.16 | 1.866 | 55 | 17 | ||||||
08-31-20179 | 11.45 | 0.02 | 0.71 | 0.73 | — | — | — | 12.18 | 6.387 | 0.728 | 0.188 | 0.458 | 53 | 1510 | ||||||
08-31-2015 | 10.72 | 0.17 | (0.60) | (0.43) | (0.14) | (0.02) | (0.16) | 10.13 | (4.09) | 10.02 | 0.39 | 1.57 | 101 | 17 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.48 | 0.236 | (0.03) | 0.20 | (0.27) | (0.72) | (0.99) | 10.69 | 1.057 | 0.418 | —8 | 3.828 | 16,507 | 23 | ||||||
08-31-2019 | 12.71 | 0.216 | (0.36) | (0.15) | (0.25) | (0.83) | (1.08) | 11.48 | 0.06 | 0.40 | — | 1.866 | 10,711 | 18 | ||||||
08-31-2018 | 12.19 | 0.206 | 1.17 | 1.37 | (0.25) | (0.60) | (0.85) | 12.71 | 11.49 | 0.48 | — | 1.646 | 4,456 | 17 | ||||||
08-31-2017 | 10.91 | 0.10 | 1.53 | 1.63 | (0.21) | (0.14) | (0.35) | 12.19 | 15.35 | 0.47 | 0.01 | 0.84 | 1,746 | 15 | ||||||
08-31-2016 | 10.14 | 0.19 | 0.75 | 0.94 | (0.15) | (0.02) | (0.17) | 10.91 | 9.45 | 0.69 | 0.07 | 1.90 | 109 | 8 | ||||||
08-31-2015 | 10.73 | 0.19 | (0.60) | (0.41) | (0.16) | (0.02) | (0.18) | 10.14 | (3.91) | 10.27 | 0.19 | 1.76 | 101 | 17 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.49 | 0.226 | (0.02) | 0.20 | (0.27) | (0.72) | (0.99) | 10.70 | 1.007 | 0.458 | 0.058 | 3.678 | 72,513 | 23 | ||||||
08-31-2019 | 12.72 | 0.236 | (0.39) | (0.16) | (0.24) | (0.83) | (1.07) | 11.49 | 0.0011 | 0.44 | 0.05 | 2.016 | 71,469 | 18 | ||||||
08-31-2018 | 12.19 | 0.246 | 1.13 | 1.37 | (0.24) | (0.60) | (0.84) | 12.72 | 11.52 | 0.51 | 0.05 | 1.906 | 66,316 | 17 | ||||||
08-31-2017 | 10.91 | 0.21 | 1.42 | 1.63 | (0.21) | (0.14) | (0.35) | 12.19 | 15.28 | 0.51 | 0.06 | 1.86 | 52,950 | 15 | ||||||
08-31-2016 | 10.14 | 0.16 | 0.78 | 0.94 | (0.15) | (0.02) | (0.17) | 10.91 | 9.39 | 0.73 | 0.12 | 1.61 | 33,895 | 8 | ||||||
08-31-2015 | 10.73 | 0.08 | (0.50) | (0.42) | (0.15) | (0.02) | (0.17) | 10.14 | (3.98) | 3.08 | 0.24 | 0.75 | 10,587 | 17 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005 per share and 0.01% for the periods ended 2-29-20, 8-31-19 and 8-31-18. |
7 Not annualized. |
8 Annualized. |
9 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
10 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
11 Less than 0.005%. |
36 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2050 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.61 | 0.226 | (0.03) | 0.19 | (0.25) | (0.75) | (1.00) | 10.80 | 0.887 | 0.708 | 0.258 | 3.638 | 339 | 27 | ||||||
08-31-2019 | 12.85 | 0.106 | (0.28) | (0.18) | (0.23) | (0.83) | (1.06) | 11.61 | (0.18) | 0.68 | 0.24 | 0.876 | 241 | 19 | ||||||
08-31-2018 | 12.26 | 0.236 | 1.14 | 1.37 | (0.22) | (0.56) | (0.78) | 12.85 | 11.44 | 0.66 | 0.16 | 1.866 | 56 | 14 | ||||||
08-31-20179 | 11.53 | 0.02 | 0.71 | 0.73 | — | — | — | 12.26 | 6.337 | 0.698 | 0.188 | 0.448 | 53 | 1610 | ||||||
08-31-2015 | 10.80 | 0.17 | (0.61) | (0.44) | (0.13) | (0.02) | (0.15) | 10.21 | (4.11) | 7.11 | 0.39 | 1.58 | 102 | 11 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.62 | 0.236 | (0.03) | 0.20 | (0.28) | (0.75) | (1.03) | 10.79 | 0.957 | 0.378 | —8 | 3.788 | 36,165 | 27 | ||||||
08-31-2019 | 12.85 | 0.236 | (0.38) | (0.15) | (0.25) | (0.83) | (1.08) | 11.62 | 0.11 | 0.36 | — | 1.986 | 26,188 | 19 | ||||||
08-31-2018 | 12.26 | 0.236 | 1.16 | 1.39 | (0.24) | (0.56) | (0.80) | 12.85 | 11.61 | 0.41 | — | 1.846 | 18,646 | 14 | ||||||
08-31-2017 | 10.99 | 0.04 | 1.60 | 1.64 | (0.22) | (0.15) | (0.37) | 12.26 | 15.26 | 0.44 | 0.01 | 0.31 | 10,359 | 16 | ||||||
08-31-2016 | 10.22 | 0.20 | 0.77 | 0.97 | (0.16) | (0.04) | (0.20) | 10.99 | 9.52 | 0.65 | 0.07 | 1.91 | 110 | 8 | ||||||
08-31-2015 | 10.82 | 0.19 | (0.61) | (0.42) | (0.16) | (0.02) | (0.18) | 10.22 | (3.96) | 6.93 | 0.20 | 1.77 | 102 | 11 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.62 | 0.226 | (0.02) | 0.20 | (0.27) | (0.75) | (1.02) | 10.80 | 0.987 | 0.408 | 0.058 | 3.668 | 90,952 | 27 | ||||||
08-31-2019 | 12.85 | 0.236 | (0.38) | (0.15) | (0.25) | (0.83) | (1.08) | 11.62 | 0.05 | 0.39 | 0.05 | 2.016 | 91,692 | 19 | ||||||
08-31-2018 | 12.27 | 0.246 | 1.13 | 1.37 | (0.23) | (0.56) | (0.79) | 12.85 | 11.46 | 0.45 | 0.05 | 1.906 | 88,412 | 14 | ||||||
08-31-2017 | 10.99 | 0.22 | 1.42 | 1.64 | (0.21) | (0.15) | (0.36) | 12.27 | 15.29 | 0.48 | 0.06 | 1.90 | 70,115 | 16 | ||||||
08-31-2016 | 10.22 | 0.17 | 0.79 | 0.96 | (0.15) | (0.04) | (0.19) | 10.99 | 9.46 | 0.68 | 0.12 | 1.61 | 47,118 | 8 | ||||||
08-31-2015 | 10.82 | 0.10 | (0.53) | (0.43) | (0.15) | (0.02) | (0.17) | 10.22 | (4.06) | 1.38 | 0.25 | 0.95 | 17,035 | 11 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005 per share and 0.01% for the periods ended 2-29-20, 8-31-19 and 8-31-18. |
7 Not annualized. |
8 Annualized. |
9 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
10 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 37 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2045 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.49 | 0.246 | (0.05) | 0.19 | (0.26) | (0.76) | (1.02) | 10.66 | 0.947 | 0.608 | 0.178 | 4.018 | 594 | 26 | ||||||
08-31-2019 | 12.76 | 0.206 | (0.38) | (0.18) | (0.23) | (0.86) | (1.09) | 11.49 | (0.11) | 0.60 | 0.18 | 1.726 | 50 | 19 | ||||||
08-31-2018 | 12.21 | 0.236 | 1.14 | 1.37 | (0.22) | (0.60) | (0.82) | 12.76 | 11.37 | 0.62 | 0.16 | 1.876 | 56 | 12 | ||||||
08-31-20179 | 11.48 | 0.02 | 0.71 | 0.73 | — | — | — | 12.21 | 6.357 | 0.638 | 0.188 | 0.448 | 53 | 2110 | ||||||
08-31-2015 | 10.80 | 0.17 | (0.61) | (0.44) | (0.14) | (0.02) | (0.16) | 10.20 | (4.19) | 6.65 | 0.39 | 1.57 | 102 | 16 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.51 | 0.226 | (0.02) | 0.20 | (0.28) | (0.76) | (1.04) | 10.67 | 1.027 | 0.348 | —8 | 3.778 | 52,329 | 26 | ||||||
08-31-2019 | 12.77 | 0.226 | (0.37) | (0.15) | (0.25) | (0.86) | (1.11) | 11.51 | 0.09 | 0.33 | — | 1.966 | 44,013 | 19 | ||||||
08-31-2018 | 12.22 | 0.236 | 1.15 | 1.38 | (0.23) | (0.60) | (0.83) | 12.77 | 11.61 | 0.37 | — | 1.856 | 32,149 | 12 | ||||||
08-31-2017 | 10.96 | 0.03 | 1.60 | 1.63 | (0.22) | (0.15) | (0.37) | 12.22 | 15.29 | 0.37 | 0.01 | 0.24 | 21,476 | 21 | ||||||
08-31-2016 | 10.21 | 0.20 | 0.75 | 0.95 | (0.16) | (0.04) | (0.20) | 10.96 | 9.35 | 0.50 | 0.07 | 1.91 | 110 | 7 | ||||||
08-31-2015 | 10.82 | 0.19 | (0.62) | (0.43) | (0.16) | (0.02) | (0.18) | 10.21 | (4.04) | 6.46 | 0.20 | 1.77 | 102 | 16 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.50 | 0.226 | (0.02) | 0.20 | (0.27) | (0.76) | (1.03) | 10.67 | 1.067 | 0.388 | 0.058 | 3.658 | 116,647 | 26 | ||||||
08-31-2019 | 12.76 | 0.236 | (0.39) | (0.16) | (0.24) | (0.86) | (1.10) | 11.50 | 0.03 | 0.37 | 0.05 | 2.026 | 120,446 | 19 | ||||||
08-31-2018 | 12.22 | 0.246 | 1.13 | 1.37 | (0.23) | (0.60) | (0.83) | 12.76 | 11.47 | 0.40 | 0.05 | 1.906 | 121,475 | 12 | ||||||
08-31-2017 | 10.96 | 0.22 | 1.40 | 1.62 | (0.21) | (0.15) | (0.36) | 12.22 | 15.24 | 0.41 | 0.06 | 1.93 | 100,206 | 21 | ||||||
08-31-2016 | 10.20 | 0.17 | 0.78 | 0.95 | (0.15) | (0.04) | (0.19) | 10.96 | 9.41 | 0.53 | 0.12 | 1.64 | 74,804 | 7 | ||||||
08-31-2015 | 10.81 | 0.11 | (0.54) | (0.43) | (0.16) | (0.02) | (0.18) | 10.20 | (4.09) | 0.91 | 0.25 | 1.03 | 30,197 | 16 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005 per share and 0.01% for the periods ended 2-29-20, 8-31-19 and 8-31-18. |
7 Not annualized. |
8 Annualized. |
9 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
10 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
38 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2040 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.50 | 0.226 | 0.01 | 0.23 | (0.26) | (0.77) | (1.03) | 10.70 | 1.317 | 0.598 | 0.178 | 3.798 | 158 | 28 | ||||||
08-31-2019 | 12.79 | 0.236 | (0.38) | (0.15) | (0.23) | (0.91) | (1.14) | 11.50 | 0.11 | 0.58 | 0.17 | 1.966 | 54 | 18 | ||||||
08-31-2018 | 12.25 | 0.24 | 1.10 | 1.34 | (0.22) | (0.58) | (0.80) | 12.79 | 11.20 | 0.61 | 0.16 | 1.87 | 56 | 15 | ||||||
08-31-20179 | 11.52 | 0.02 | 0.71 | 0.73 | — | — | — | 12.25 | 6.347 | 0.618 | 0.188 | 0.468 | 53 | 1910 | ||||||
08-31-2015 | 10.80 | 0.17 | (0.60) | (0.43) | (0.14) | (0.02) | (0.16) | 10.21 | (4.07) | 6.55 | 0.40 | 1.58 | 102 | 19 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.50 | 0.226 | 0.02 | 0.24 | (0.28) | (0.77) | (1.05) | 10.69 | 1.397 | 0.348 | —8 | 3.748 | 47,777 | 28 | ||||||
08-31-2019 | 12.80 | 0.236 | (0.37) | (0.14) | (0.25) | (0.91) | (1.16) | 11.50 | 0.23 | 0.33 | — | 2.016 | 37,168 | 18 | ||||||
08-31-2018 | 12.25 | 0.24 | 1.13 | 1.37 | (0.24) | (0.58) | (0.82) | 12.80 | 11.46 | 0.36 | — | 1.90 | 27,193 | 15 | ||||||
08-31-2017 | 10.99 | 0.03 | 1.60 | 1.63 | (0.22) | (0.15) | (0.37) | 12.25 | 15.24 | 0.36 | 0.02 | 0.25 | 20,326 | 19 | ||||||
08-31-2016 | 10.22 | 0.20 | 0.76 | 0.96 | (0.16) | (0.03) | (0.19) | 10.99 | 9.46 | 0.45 | 0.07 | 1.90 | 110 | 10 | ||||||
08-31-2015 | 10.82 | 0.19 | (0.61) | (0.42) | (0.16) | (0.02) | (0.18) | 10.22 | (3.92) | 6.36 | 0.20 | 1.77 | 102 | 19 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.50 | 0.216 | 0.02 | 0.23 | (0.27) | (0.77) | (1.04) | 10.69 | 1.337 | 0.378 | 0.058 | 3.648 | 147,925 | 28 | ||||||
08-31-2019 | 12.79 | 0.246 | (0.38) | (0.14) | (0.24) | (0.91) | (1.15) | 11.50 | 0.25 | 0.37 | 0.05 | 2.046 | 152,593 | 18 | ||||||
08-31-2018 | 12.25 | 0.24 | 1.11 | 1.35 | (0.23) | (0.58) | (0.81) | 12.79 | 11.32 | 0.39 | 0.05 | 1.92 | 151,315 | 15 | ||||||
08-31-2017 | 10.98 | 0.22 | 1.41 | 1.63 | (0.21) | (0.15) | (0.36) | 12.25 | 15.29 | 0.39 | 0.07 | 1.92 | 130,499 | 19 | ||||||
08-31-2016 | 10.21 | 0.17 | 0.78 | 0.95 | (0.15) | (0.03) | (0.18) | 10.98 | 9.42 | 0.49 | 0.12 | 1.60 | 94,444 | 10 | ||||||
08-31-2015 | 10.81 | 0.10 | (0.52) | (0.42) | (0.16) | (0.02) | (0.18) | 10.21 | (3.98) | 0.81 | 0.25 | 0.98 | 36,205 | 19 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005 per share and less than 0.005% for the periods ended 2-29-20 and 8-31-19. |
7 Not annualized. |
8 Annualized. |
9 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
10 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 39 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2035 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.40 | 0.19 | 0.06 | 0.25 | (0.27) | (0.70) | (0.97) | 10.68 | 1.596 | 0.627 | 0.207 | 3.297 | 812 | 33 | ||||||
08-31-2019 | 12.52 | 0.22 | (0.28) | (0.06) | (0.24) | (0.82) | (1.06) | 11.40 | 0.72 | 0.61 | 0.19 | 1.92 | 66 | 19 | ||||||
08-31-2018 | 12.11 | 0.24 | 0.98 | 1.22 | (0.23) | (0.58) | (0.81) | 12.52 | 10.35 | 0.61 | 0.18 | 1.96 | 55 | 15 | ||||||
08-31-20178 | 11.42 | 0.03 | 0.66 | 0.69 | — | — | — | 12.11 | 6.046 | 0.607 | 0.207 | 0.597 | 53 | 229 | ||||||
08-31-2015 | 10.80 | 0.17 | (0.61) | (0.44) | (0.14) | (0.02) | (0.16) | 10.20 | (4.14) | 6.39 | 0.41 | 1.61 | 102 | 15 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.40 | 0.22 | 0.05 | 0.27 | (0.29) | (0.70) | (0.99) | 10.68 | 1.776 | 0.357 | 0.027 | 3.697 | 51,368 | 33 | ||||||
08-31-2019 | 12.52 | 0.24 | (0.28) | (0.04) | (0.26) | (0.82) | (1.08) | 11.40 | 0.93 | 0.34 | 0.01 | 2.11 | 38,369 | 19 | ||||||
08-31-2018 | 12.11 | 0.24 | 1.00 | 1.24 | (0.25) | (0.58) | (0.83) | 12.52 | 10.51 | 0.36 | 0.01 | 1.96 | 20,590 | 15 | ||||||
08-31-2017 | 10.94 | 0.05 | 1.50 | 1.55 | (0.22) | (0.16) | (0.38) | 12.11 | 14.56 | 0.35 | 0.03 | 0.42 | 14,013 | 22 | ||||||
08-31-2016 | 10.21 | 0.20 | 0.73 | 0.93 | (0.16) | (0.04) | (0.20) | 10.94 | 9.20 | 0.42 | 0.09 | 1.98 | 109 | 10 | ||||||
08-31-2015 | 10.82 | 0.19 | (0.61) | (0.42) | (0.17) | (0.02) | (0.19) | 10.21 | (3.99) | 6.20 | 0.21 | 1.81 | 102 | 15 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.40 | 0.21 | 0.05 | 0.26 | (0.28) | (0.70) | (0.98) | 10.68 | 1.736 | 0.397 | 0.077 | 3.587 | 178,047 | 33 | ||||||
08-31-2019 | 12.52 | 0.25 | (0.29) | (0.04) | (0.26) | (0.82) | (1.08) | 11.40 | 0.88 | 0.38 | 0.06 | 2.19 | 185,231 | 19 | ||||||
08-31-2018 | 12.11 | 0.25 | 0.99 | 1.24 | (0.25) | (0.58) | (0.83) | 12.52 | 10.46 | 0.40 | 0.06 | 2.01 | 195,082 | 15 | ||||||
08-31-2017 | 10.95 | 0.22 | 1.31 | 1.53 | (0.21) | (0.16) | (0.37) | 12.11 | 14.39 | 0.39 | 0.08 | 1.97 | 169,855 | 22 | ||||||
08-31-2016 | 10.21 | 0.18 | 0.76 | 0.94 | (0.16) | (0.04) | (0.20) | 10.95 | 9.24 | 0.45 | 0.14 | 1.72 | 121,902 | 10 | ||||||
08-31-2015 | 10.82 | 0.12 | (0.55) | (0.43) | (0.16) | (0.02) | (0.18) | 10.21 | (4.09) | 0.64 | 0.26 | 1.08 | 51,032 | 15 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
9 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
40 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2030 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.31 | 0.20 | 0.07 | 0.27 | (0.27) | (0.59) | (0.86) | 10.72 | 1.976 | 0.637 | 0.227 | 3.557 | 2,849 | 29 | ||||||
08-31-2019 | 12.20 | 0.24 | (0.15) | 0.09 | (0.25) | (0.73) | (0.98) | 11.31 | 1.80 | 0.62 | 0.21 | 2.18 | 56 | 24 | ||||||
08-31-2018 | 11.95 | 0.25 | 0.80 | 1.05 | (0.23) | (0.57) | (0.80) | 12.20 | 9.03 | 0.63 | 0.21 | 2.07 | 54 | 19 | ||||||
08-31-20178 | 11.31 | 0.04 | 0.60 | 0.64 | — | — | — | 11.95 | 5.666 | 0.627 | 0.227 | 0.777 | 53 | 259 | ||||||
08-31-2015 | 10.75 | 0.19 | (0.59) | (0.40) | (0.13) | (0.02) | (0.15) | 10.20 | (3.75) | 6.34 | 0.43 | 1.75 | 102 | 22 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.32 | 0.21 | 0.06 | 0.27 | (0.29) | (0.59) | (0.88) | 10.71 | 1.956 | 0.387 | 0.057 | 3.567 | 41,535 | 29 | ||||||
08-31-2019 | 12.21 | 0.25 | (0.14) | 0.11 | (0.27) | (0.73) | (1.00) | 11.32 | 2.01 | 0.37 | 0.04 | 2.29 | 21,285 | 24 | ||||||
08-31-2018 | 11.95 | 0.24 | 0.84 | 1.08 | (0.25) | (0.57) | (0.82) | 12.21 | 9.30 | 0.38 | 0.05 | 1.98 | 6,635 | 19 | ||||||
08-31-2017 | 10.92 | 0.08 | 1.32 | 1.40 | (0.23) | (0.14) | (0.37) | 11.95 | 13.22 | 0.37 | 0.06 | 0.75 | 4,730 | 25 | ||||||
08-31-2016 | 10.21 | 0.22 | 0.70 | 0.92 | (0.17) | (0.04) | (0.21) | 10.92 | 9.10 | 0.41 | 0.11 | 2.11 | 109 | 8 | ||||||
08-31-2015 | 10.77 | 0.21 | (0.59) | (0.38) | (0.16) | (0.02) | (0.18) | 10.21 | (3.61) | 6.16 | 0.24 | 1.94 | 102 | 22 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.31 | 0.20 | 0.08 | 0.28 | (0.29) | (0.59) | (0.88) | 10.71 | 2.006 | 0.417 | 0.107 | 3.517 | 211,707 | 29 | ||||||
08-31-2019 | 12.20 | 0.26 | (0.16) | 0.10 | (0.26) | (0.73) | (0.99) | 11.31 | 1.94 | 0.41 | 0.09 | 2.33 | 216,585 | 24 | ||||||
08-31-2018 | 11.95 | 0.25 | 0.82 | 1.07 | (0.25) | (0.57) | (0.82) | 12.20 | 9.16 | 0.42 | 0.10 | 2.12 | 229,653 | 19 | ||||||
08-31-2017 | 10.92 | 0.24 | 1.16 | 1.40 | (0.23) | (0.14) | (0.37) | 11.95 | 13.16 | 0.40 | 0.11 | 2.10 | 205,698 | 25 | ||||||
08-31-2016 | 10.21 | 0.19 | 0.72 | 0.91 | (0.16) | (0.04) | (0.20) | 10.92 | 9.05 | 0.44 | 0.16 | 1.85 | 155,730 | 8 | ||||||
08-31-2015 | 10.76 | 0.14 | (0.52) | (0.38) | (0.15) | (0.02) | (0.17) | 10.21 | (3.61) | 0.58 | 0.29 | 1.35 | 64,587 | 22 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
9 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 41 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2025 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.15 | 0.16 | 0.09 | 0.25 | (0.28) | (0.52) | (0.80) | 10.60 | 1.936 | 0.667 | 0.267 | 2.917 | 1,870 | 40 | ||||||
08-31-2019 | 11.86 | 0.27 | (0.04)8 | 0.23 | (0.27) | (0.67) | (0.94) | 11.15 | 2.94 | 0.66 | 0.25 | 2.40 | 55 | 25 | ||||||
08-31-2018 | 11.72 | 0.26 | 0.62 | 0.88 | (0.24) | (0.50) | (0.74) | 11.86 | 7.72 | 0.67 | 0.25 | 2.20 | 53 | 23 | ||||||
08-31-20179 | 11.15 | 0.05 | 0.52 | 0.57 | — | — | — | 11.72 | 5.116 | 0.657 | 0.267 | 0.997 | 53 | 2810 | ||||||
08-31-2015 | 10.69 | 0.20 | (0.56) | (0.36) | (0.12) | (0.02) | (0.14) | 10.19 | (3.43) | 6.38 | 0.46 | 1.92 | 102 | 24 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.15 | 0.20 | 0.07 | 0.27 | (0.30) | (0.52) | (0.82) | 10.60 | 2.076 | 0.417 | 0.097 | 3.497 | 39,922 | 40 | ||||||
08-31-2019 | 11.87 | 0.24 | —8, 11 | 0.24 | (0.29) | (0.67) | (0.96) | 11.15 | 3.05 | 0.41 | 0.08 | 2.23 | 17,092 | 25 | ||||||
08-31-2018 | 11.72 | 0.27 | 0.64 | 0.91 | (0.26) | (0.50) | (0.76) | 11.87 | 7.96 | 0.42 | 0.08 | 2.29 | 4,587 | 23 | ||||||
08-31-2017 | 10.90 | 0.11 | 1.10 | 1.21 | (0.25) | (0.14) | (0.39) | 11.72 | 11.46 | 0.40 | 0.09 | 1.03 | 3,001 | 28 | ||||||
08-31-2016 | 10.21 | 0.24 | 0.66 | 0.90 | (0.18) | (0.03) | (0.21) | 10.90 | 8.92 | 0.43 | 0.14 | 2.31 | 109 | 12 | ||||||
08-31-2015 | 10.70 | 0.23 | (0.56) | (0.33) | (0.14) | (0.02) | (0.16) | 10.21 | (3.10) | 6.20 | 0.26 | 2.11 | 102 | 24 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.14 | 0.19 | 0.07 | 0.26 | (0.29) | (0.52) | (0.81) | 10.59 | 2.016 | 0.457 | 0.147 | 3.447 | 184,017 | 40 | ||||||
08-31-2019 | 11.86 | 0.28 | (0.05)8 | 0.23 | (0.28) | (0.67) | (0.95) | 11.14 | 2.99 | 0.44 | 0.13 | 2.52 | 200,661 | 25 | ||||||
08-31-2018 | 11.72 | 0.27 | 0.63 | 0.90 | (0.26) | (0.50) | (0.76) | 11.86 | 7.83 | 0.46 | 0.13 | 2.26 | 215,247 | 23 | ||||||
08-31-2017 | 10.89 | 0.25 | 0.97 | 1.22 | (0.25) | (0.14) | (0.39) | 11.72 | 11.50 | 0.44 | 0.14 | 2.25 | 198,109 | 28 | ||||||
08-31-2016 | 10.20 | 0.22 | 0.67 | 0.89 | (0.17) | (0.03) | (0.20) | 10.89 | 8.87 | 0.46 | 0.19 | 2.11 | 158,969 | 12 | ||||||
08-31-2015 | 10.70 | 0.16 | (0.50) | (0.34) | (0.14) | (0.02) | (0.16) | 10.20 | (3.24) | 0.59 | 0.31 | 1.53 | 78,157 | 24 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the portfolio. |
9 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
10 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
11 Less than $0.005 per share. |
42 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2020 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.01 | 0.18 | 0.06 | 0.24 | (0.29) | (0.42) | (0.71) | 10.54 | 1.926 | 0.787 | 0.327 | 3.247 | 3,478 | 47 | ||||||
08-31-2019 | 11.48 | 0.24 | 0.13 | 0.37 | (0.28) | (0.56) | (0.84) | 11.01 | 4.12 | 0.75 | 0.29 | 2.25 | 101 | 24 | ||||||
08-31-2018 | 11.45 | 0.27 | 0.43 | 0.70 | (0.26) | (0.41) | (0.67) | 11.48 | 6.25 | 0.74 | 0.26 | 2.34 | 52 | 30 | ||||||
08-31-20178 | 10.96 | 0.06 | 0.43 | 0.49 | — | — | — | 11.45 | 4.476 | 0.717 | 0.287 | 1.257 | 52 | 379 | ||||||
08-31-2015 | 10.61 | 0.22 | (0.54) | (0.32) | (0.12) | (0.01) | (0.13) | 10.16 | (3.10) | 6.54 | 0.49 | 2.08 | 102 | 31 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.02 | 0.18 | 0.07 | 0.25 | (0.31) | (0.42) | (0.73) | 10.54 | 2.036 | 0.487 | 0.117 | 3.347 | 32,868 | 47 | ||||||
08-31-2019 | 11.49 | 0.27 | 0.12 | 0.39 | (0.30) | (0.56) | (0.86) | 11.02 | 4.32 | 0.47 | 0.10 | 2.54 | 9,368 | 24 | ||||||
08-31-2018 | 11.46 | 0.25 | 0.47 | 0.72 | (0.28) | (0.41) | (0.69) | 11.49 | 6.42 | 0.49 | 0.10 | 2.21 | 2,816 | 30 | ||||||
08-31-2017 | 10.84 | 0.21 | 0.79 | 1.00 | (0.25) | (0.13) | (0.38) | 11.46 | 9.62 | 0.46 | 0.11 | 1.97 | 622 | 37 | ||||||
08-31-2016 | 10.17 | 0.26 | 0.61 | 0.87 | (0.18) | (0.02) | (0.20) | 10.84 | 8.78 | 0.50 | 0.16 | 2.53 | 108 | 18 | ||||||
08-31-2015 | 10.63 | 0.24 | (0.55) | (0.31) | (0.14) | (0.01) | (0.15) | 10.17 | (2.96) | 6.36 | 0.29 | 2.28 | 102 | 31 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.01 | 0.19 | 0.07 | 0.26 | (0.31) | (0.42) | (0.73) | 10.54 | 2.086 | 0.527 | 0.167 | 3.457 | 110,875 | 47 | ||||||
08-31-2019 | 11.48 | 0.30 | 0.08 | 0.38 | (0.29) | (0.56) | (0.85) | 11.01 | 4.27 | 0.50 | 0.15 | 2.73 | 124,872 | 24 | ||||||
08-31-2018 | 11.46 | 0.28 | 0.42 | 0.70 | (0.27) | (0.41) | (0.68) | 11.48 | 6.28 | 0.52 | 0.15 | 2.44 | 141,470 | 30 | ||||||
08-31-2017 | 10.83 | 0.26 | 0.76 | 1.02 | (0.26) | (0.13) | (0.39) | 11.46 | 9.67 | 0.50 | 0.16 | 2.41 | 144,223 | 37 | ||||||
08-31-2016 | 10.17 | 0.24 | 0.62 | 0.86 | (0.18) | (0.02) | (0.20) | 10.83 | 8.62 | 0.53 | 0.21 | 2.35 | 120,211 | 18 | ||||||
08-31-2015 | 10.62 | 0.18 | (0.48) | (0.30) | (0.14) | (0.01) | (0.15) | 10.17 | (2.91) | 0.70 | 0.34 | 1.76 | 60,619 | 31 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
9 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 43 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2015 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 10.82 | 0.15 | 0.07 | 0.22 | (0.30) | (0.41) | (0.71) | 10.33 | 1.856 | 0.967 | 0.287 | 2.767 | 1,099 | 68 | ||||||
08-31-2019 | 11.07 | 0.29 | 0.20 | 0.49 | (0.29) | (0.45) | (0.74) | 10.82 | 5.20 | 0.90 | 0.27 | 2.73 | 50 | 27 | ||||||
08-31-2018 | 11.18 | 0.27 | 0.28 | 0.55 | (0.28) | (0.38) | (0.66) | 11.07 | 5.01 | 0.96 | 0.27 | 2.47 | 52 | 28 | ||||||
08-31-20178 | 10.74 | 0.07 | 0.37 | 0.44 | — | — | — | 11.18 | 4.106 | 0.887 | 0.297 | 1.487 | 52 | 479 | ||||||
08-31-2015 | 10.52 | 0.23 | (0.54) | (0.31) | (0.10) | (0.01) | (0.11) | 10.10 | (2.94) | 7.10 | 0.52 | 2.23 | 101 | 59 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 10.82 | 0.18 | 0.06 | 0.24 | (0.32) | (0.41) | (0.73) | 10.33 | 2.006 | 0.717 | 0.127 | 3.387 | 14,612 | 68 | ||||||
08-31-2019 | 11.07 | 0.27 | 0.23 | 0.50 | (0.30) | (0.45) | (0.75) | 10.82 | 5.39 | 0.65 | 0.10 | 2.57 | 3,227 | 27 | ||||||
08-31-2018 | 11.18 | 0.31 | 0.26 | 0.57 | (0.30) | (0.38) | (0.68) | 11.07 | 5.17 | 0.71 | 0.11 | 2.80 | 880 | 28 | ||||||
08-31-2017 | 10.74 | 0.24 | 0.59 | 0.83 | (0.27) | (0.12) | (0.39) | 11.18 | 8.04 | 0.63 | 0.12 | 2.26 | 383 | 47 | ||||||
08-31-2016 | 10.12 | 0.27 | 0.57 | 0.84 | (0.19) | (0.03) | (0.22) | 10.74 | 8.41 | 0.76 | 0.17 | 2.68 | 107 | 26 | ||||||
08-31-2015 | 10.53 | 0.25 | (0.52) | (0.27) | (0.13) | (0.01) | (0.14) | 10.12 | (2.60) | 6.92 | 0.33 | 2.42 | 101 | 59 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 10.82 | 0.18 | 0.05 | 0.23 | (0.31) | (0.41) | (0.72) | 10.33 | 1.856 | 0.747 | 0.177 | 3.357 | 26,498 | 68 | ||||||
08-31-2019 | 11.07 | 0.30 | 0.20 | 0.50 | (0.30) | (0.45) | (0.75) | 10.82 | 5.33 | 0.69 | 0.15 | 2.84 | 36,564 | 27 | ||||||
08-31-2018 | 11.18 | 0.28 | 0.28 | 0.56 | (0.29) | (0.38) | (0.67) | 11.07 | 5.12 | 0.75 | 0.16 | 2.56 | 42,181 | 28 | ||||||
08-31-2017 | 10.74 | 0.27 | 0.56 | 0.83 | (0.27) | (0.12) | (0.39) | 11.18 | 7.98 | 0.66 | 0.17 | 2.52 | 44,768 | 47 | ||||||
08-31-2016 | 10.11 | 0.25 | 0.59 | 0.84 | (0.18) | (0.03) | (0.21) | 10.74 | 8.47 | 0.79 | 0.22 | 2.47 | 46,862 | 26 | ||||||
08-31-2015 | 10.53 | 0.20 | (0.49) | (0.29) | (0.12) | (0.01) | (0.13) | 10.11 | (2.75) | 1.21 | 0.38 | 1.96 | 19,945 | 59 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
9 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
44 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Multi-Index 2010 Lifetime Portfolio | ||||||||||||||||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 10.53 | 0.16 | 0.05 | 0.21 | (0.27) | (0.24) | (0.51) | 10.23 | 1.856 | 1.097 | 0.287 | 2.967 | 213 | 56 | ||||||
08-31-2019 | 10.81 | 0.29 | 0.25 | 0.54 | (0.31) | (0.51) | (0.82) | 10.53 | 5.91 | 1.07 | 0.28 | 2.84 | 50 | 35 | ||||||
08-31-2018 | 10.93 | 0.28 | 0.15 | 0.43 | (0.28) | (0.27) | (0.55) | 10.81 | 3.97 | 1.13 | 0.27 | 2.57 | 51 | 49 | ||||||
08-31-20178 | 10.53 | 0.07 | 0.33 | 0.40 | — | — | — | 10.93 | 3.806 | 1.047 | 0.297 | 1.627 | 52 | 529 | ||||||
08-31-2015 | 10.47 | 0.24 | (0.49) | (0.25) | (0.12) | (0.01) | (0.13) | 10.09 | (2.46) | 7.41 | 0.56 | 2.34 | 101 | 115 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 10.55 | 0.19 | 0.02 | 0.21 | (0.28) | (0.24) | (0.52) | 10.24 | 1.926 | 0.847 | 0.117 | 3.537 | 8,043 | 56 | ||||||
08-31-2019 | 10.83 | 0.28 | 0.28 | 0.56 | (0.33) | (0.51) | (0.84) | 10.55 | 6.10 | 0.82 | 0.11 | 2.77 | 2,172 | 35 | ||||||
08-31-2018 | 10.94 | 0.31 | 0.14 | 0.45 | (0.29) | (0.27) | (0.56) | 10.83 | 4.22 | 0.88 | 0.10 | 2.88 | 964 | 49 | ||||||
08-31-2017 | 10.68 | 0.16 | 0.56 | 0.72 | (0.30) | (0.16) | (0.46) | 10.94 | 6.98 | 0.79 | 0.13 | 1.59 | 1,953 | 52 | ||||||
08-31-2016 | 10.10 | 0.29 | 0.53 | 0.82 | (0.18) | (0.06) | (0.24) | 10.68 | 8.31 | 0.95 | 0.17 | 2.81 | 107 | 46 | ||||||
08-31-2015 | 10.48 | 0.26 | (0.49) | (0.23) | (0.14) | (0.01) | (0.15) | 10.10 | (2.22) | 7.31 | 0.38 | 2.54 | 101 | 115 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 10.54 | 0.18 | 0.03 | 0.21 | (0.28) | (0.24) | (0.52) | 10.23 | 1.866 | 0.877 | 0.167 | 3.327 | 23,400 | 56 | ||||||
08-31-2019 | 10.82 | 0.30 | 0.25 | 0.55 | (0.32) | (0.51) | (0.83) | 10.54 | 6.05 | 0.86 | 0.16 | 2.95 | 24,556 | 35 | ||||||
08-31-2018 | 10.93 | 0.29 | 0.16 | 0.45 | (0.29) | (0.27) | (0.56) | 10.82 | 4.17 | 0.92 | 0.15 | 2.67 | 28,723 | 49 | ||||||
08-31-2017 | 10.68 | 0.28 | 0.42 | 0.70 | (0.29) | (0.16) | (0.45) | 10.93 | 6.83 | 0.83 | 0.18 | 2.59 | 29,065 | 52 | ||||||
08-31-2016 | 10.09 | 0.27 | 0.56 | 0.83 | (0.18) | (0.06) | (0.24) | 10.68 | 8.36 | 0.99 | 0.22 | 2.64 | 29,563 | 46 | ||||||
08-31-2015 | 10.48 | 0.24 | (0.48) | (0.24) | (0.14) | (0.01) | (0.15) | 10.09 | (2.36) | 1.49 | 0.41 | 2.27 | 12,576 | 115 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 Period from 4-7-17 (relaunch date) to 8-31-17. Class R4 liquidated on 6-15-16, accordingly, there were no shares of this class outstanding 8-31-16. |
9 Portfolio turnover is shown for the period from 9-1-16 to 8-31-17. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 45 |
Notes to financial statements (unaudited) |
46 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multi-Index 2060 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $18,318,515 | $18,318,515 | — | — |
Unaffiliated investment companies | 12,129,473 | 12,129,473 | — | — |
U.S. Government and Agency obligations | 804,318 | — | $804,318 | — |
Short-term investments | 644,235 | 644,235 | — | — |
Total investments in securities | $31,896,541 | $31,092,223 | $804,318 | — |
Multi-Index 2055 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $51,801,878 | $51,801,878 | — | — |
Unaffiliated investment companies | 34,396,360 | 34,396,360 | — | — |
U.S. Government and Agency obligations | 2,380,616 | — | $2,380,616 | — |
Short-term investments | 1,304,410 | 1,304,410 | — | — |
Total investments in securities | $89,883,264 | $87,502,648 | $2,380,616 | — |
Multi-Index 2050 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $74,131,725 | $74,131,725 | — | — |
Unaffiliated investment companies | 49,185,509 | 49,185,509 | — | — |
U.S. Government and Agency obligations | 3,372,024 | — | $3,372,024 | — |
Short-term investments | 1,717,232 | 1,717,232 | — | — |
Total investments in securities | $128,406,490 | $125,034,466 | $3,372,024 | — |
Multi-Index 2045 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $98,430,995 | $98,430,995 | — | — |
Unaffiliated investment companies | 65,932,364 | 65,932,364 | — | — |
U.S. Government and Agency obligations | 4,505,269 | — | $4,505,269 | — |
Short-term investments | 4,083,598 | 4,083,598 | — | — |
Total investments in securities | $172,952,226 | $168,446,957 | $4,505,269 | — |
Multi-Index 2040 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $109,670,355 | $109,670,355 | — | — |
Unaffiliated investment companies | 77,353,767 | 77,353,767 | — | — |
U.S. Government and Agency obligations | 8,277,619 | — | $8,277,619 | — |
Short-term investments | 3,245,695 | 3,245,695 | — | — |
Total investments in securities | $198,547,436 | $190,269,817 | $8,277,619 | — |
Multi-Index 2035 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 47 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multi-Index 2035 Lifetime Portfolio (continued) | ||||
Affiliated investment companies | $116,935,140 | $116,935,140 | — | — |
Unaffiliated investment companies | 100,038,589 | 100,038,589 | — | — |
U.S. Government and Agency obligations | 12,584,406 | — | $12,584,406 | — |
Short-term investments | 602,751 | 602,751 | — | — |
Total investments in securities | $230,160,886 | $217,576,480 | $12,584,406 | — |
Multi-Index 2030 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $115,800,678 | $115,800,678 | — | — |
Unaffiliated investment companies | 122,899,279 | 122,899,279 | — | — |
U.S. Government and Agency obligations | 17,158,203 | — | $17,158,203 | — |
Short-term investments | 1,049 | 1,049 | — | — |
Total investments in securities | $255,859,209 | $238,701,006 | $17,158,203 | — |
Multi-Index 2025 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $87,756,185 | $87,756,185 | — | — |
Unaffiliated investment companies | 119,294,580 | 119,294,580 | — | — |
U.S. Government and Agency obligations | 18,427,322 | — | $18,427,322 | — |
Short-term investments | 9,389,605 | 9,389,605 | — | — |
Total investments in securities | $234,867,692 | $216,440,370 | $18,427,322 | — |
Multi-Index 2020 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $38,913,425 | $38,913,425 | — | — |
Unaffiliated investment companies | 96,875,024 | 96,875,024 | — | — |
U.S. Government and Agency obligations | 12,250,131 | — | $12,250,131 | — |
Short-term investments | 8,437,757 | 8,437,757 | — | — |
Total investments in securities | $156,476,337 | $144,226,206 | $12,250,131 | — |
Multi-Index 2015 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $9,142,491 | $9,142,491 | — | — |
Unaffiliated investment companies | 29,667,359 | 29,667,359 | — | — |
U.S. Government and Agency obligations | 3,509,858 | — | $3,509,858 | — |
Short-term investments | 1,089,362 | 1,089,362 | — | — |
Total investments in securities | $43,409,070 | $39,899,212 | $3,509,858 | — |
Multi-Index 2010 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $5,078,296 | $5,078,296 | — | — |
Unaffiliated investment companies | 24,107,470 | 24,107,470 | — | — |
U.S. Government and Agency obligations | 2,632,554 | — | $2,632,554 | — |
Short-term investments | 1,043,242 | 1,043,242 | — | — |
Total investments in securities | $32,861,562 | $30,229,008 | $2,632,554 | — |
48 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Portfolio | Market value of securities on loan | Cash collateral received |
Multi-Index 2060 Lifetime Portfolio | $372,672 | $380,800 |
Multi-Index 2055 Lifetime Portfolio | 1,083,078 | 1,106,700 |
Multi-Index 2050 Lifetime Portfolio | 1,548,918 | 1,582,700 |
Multi-Index 2045 Lifetime Portfolio | 2,994,010 | 3,058,050 |
Multi-Index 2040 Lifetime Portfolio | 3,078,783 | 3,145,400 |
Multi-Index 2035 Lifetime Portfolio | 416,548 | 425,133 |
Multi-Index 2025 Lifetime Portfolio | 9,188,859 | 9,388,762 |
Multi-Index 2020 Lifetime Portfolio | 7,795,048 | 7,966,020 |
Multi-Index 2015 Lifetime Portfolio | 992,700 | 1,012,950 |
Multi-Index 2010 Lifetime Portfolio | 972,846 | 992,691 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 49 |
Portfolio | Commitment fee |
Multi-Index 2060 Lifetime Portfolio | $1,057 |
Multi-Index 2055 Lifetime Portfolio | 1,121 |
Multi-Index 2050 Lifetime Portfolio | 1,165 |
Multi-Index 2045 Lifetime Portfolio | 1,221 |
Multi-Index 2040 Lifetime Portfolio | 1,250 |
Multi-Index 2035 Lifetime Portfolio | 1,287 |
Multi-Index 2030 Lifetime Portfolio | 1,309 |
Multi-Index 2025 Lifetime Portfolio | 1,279 |
Multi-Index 2020 Lifetime Portfolio | 1,192 |
Multi-Index 2015 Lifetime Portfolio | 1,079 |
Multi-Index 2010 Lifetime Portfolio | 1,061 |
Portfolio | Aggregate cost | Unrealized appreciation | Unrealized (depreciation) | Net unrealized appreciation/ (depreciation) |
Multi-Index 2060 Lifetime Portfolio | $33,987,748 | $273,364 | $(2,364,571) | $(2,091,207) |
Multi-Index 2055 Lifetime Portfolio | 95,534,502 | 1,945,037 | (7,596,275) | (5,651,238) |
Multi-Index 2050 Lifetime Portfolio | 136,795,632 | 2,908,844 | (11,297,986) | (8,389,142) |
Multi-Index 2045 Lifetime Portfolio | 183,625,960 | 3,963,042 | (14,636,776) | (10,673,734) |
Multi-Index 2040 Lifetime Portfolio | 208,932,463 | 5,763,860 | (16,148,887) | (10,385,027) |
Multi-Index 2035 Lifetime Portfolio | 238,846,239 | 8,863,298 | (17,548,651) | (8,685,353) |
Multi-Index 2030 Lifetime Portfolio | 260,387,757 | 11,420,612 | (15,949,160) | (4,528,548) |
Multi-Index 2025 Lifetime Portfolio | 235,697,672 | 6,427,846 | (7,257,826) | (829,980) |
Multi-Index 2020 Lifetime Portfolio | 155,639,392 | 3,880,025 | (3,043,080) | 836,945 |
Multi-Index 2015 Lifetime Portfolio | 43,305,264 | 651,534 | (547,728) | 103,806 |
Multi-Index 2010 Lifetime Portfolio | 33,099,440 | 334,181 | (572,059) | (237,878) |
50 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
First $7.5 billion of aggregate net assets | Excess over $7.5 billion of aggregate net assets | |
Assets in a fund of the Trust or JHF III | 0.060% | 0.050% |
Other assets | 0.510% | 0.500% |
Portfolio | Expense limitation as a percentage of average net assets |
Multi-Index 2060 Lifetime Portfolio | 0.36% |
Multi-Index 2055 Lifetime Portfolio | 0.36% |
Multi-Index 2050 Lifetime Portfolio | 0.36% |
Multi-Index 2045 Lifetime Portfolio | 0.36% |
Multi-Index 2040 Lifetime Portfolio | 0.36% |
Multi-Index 2035 Lifetime Portfolio | 0.36% |
Portfolio | Expense limitation as a percentage of average net assets |
Multi-Index 2030 Lifetime Portfolio | 0.37% |
Multi-Index 2025 Lifetime Portfolio | 0.39% |
Multi-Index 2020 Lifetime Portfolio | 0.38% |
Multi-Index 2015 Lifetime Portfolio | 0.37% |
Multi-Index 2010 Lifetime Portfolio | 0.35% |
Expense reimbursement by class | ||||
Portfolio | Class R4 | Class R6 | Class 1 | Total |
Multi-Index 2060 Lifetime Portfolio | $316 | $14,500 | $91,997 | $106,813 |
Multi-Index 2055 Lifetime Portfolio | 216 | 30,568 | 151,581 | 182,365 |
Multi-Index 2050 Lifetime Portfolio | 706 | 60,871 | 170,046 | 231,623 |
Multi-Index 2045 Lifetime Portfolio | 896 | 88,617 | 203,901 | 293,414 |
Multi-Index 2040 Lifetime Portfolio | 233 | 77,914 | 259,124 | 337,271 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 51 |
Expense reimbursement by class | ||||
Portfolio | Class R4 | Class R6 | Class 1 | Total |
Multi-Index 2035 Lifetime Portfolio | $1,269 | $81,582 | $306,001 | $388,852 |
Multi-Index 2030 Lifetime Portfolio | 3,694 | 57,323 | 346,338 | 407,355 |
Multi-Index 2025 Lifetime Portfolio | 2,962 | 58,543 | 302,622 | 364,127 |
Multi-Index 2020 Lifetime Portfolio | 5,001 | 51,219 | 216,168 | 272,388 |
Multi-Index 2015 Lifetime Portfolio | 2,913 | 35,852 | 89,536 | 128,301 |
Multi-Index 2010 Lifetime Portfolio | 727 | 23,488 | 89,193 | 113,408 |
Portfolio | Net Annual Effective Rate |
Multi-Index 2060 Lifetime Portfolio | 0.00% |
Multi-Index 2055 Lifetime Portfolio | 0.00% |
Multi-Index 2050 Lifetime Portfolio | 0.00% |
Multi-Index 2045 Lifetime Portfolio | 0.00% |
Multi-Index 2040 Lifetime Portfolio | 0.00% |
Multi-Index 2035 Lifetime Portfolio | 0.00% |
Portfolio | Net Annual Effective Rate |
Multi-Index 2030 Lifetime Portfolio | 0.00% |
Multi-Index 2025 Lifetime Portfolio | 0.01% |
Multi-Index 2020 Lifetime Portfolio | 0.00% |
Multi-Index 2015 Lifetime Portfolio | 0.00% |
Multi-Index 2010 Lifetime Portfolio | 0.00% |
Class | Rule 12b-1 Fee | Service fee |
Class R4 | 0.25% | 0.10% |
Class 1 | 0.05% | — |
Portfolio | Class R4 |
Multi-Index 2060 Lifetime Portfolio | $46 |
Multi-Index 2055 Lifetime Portfolio | 54 |
Multi-Index 2050 Lifetime Portfolio | 201 |
Multi-Index 2045 Lifetime Portfolio | 272 |
Multi-Index 2040 Lifetime Portfolio | 71 |
Multi-Index 2035 Lifetime Portfolio | 394 |
Portfolio | Class R4 |
Multi-Index 2030 Lifetime Portfolio | $1,183 |
Multi-Index 2025 Lifetime Portfolio | 983 |
Multi-Index 2020 Lifetime Portfolio | 1,402 |
Multi-Index 2015 Lifetime Portfolio | 511 |
Multi-Index 2010 Lifetime Portfolio | 104 |
52 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Portfolio | Class | Distribution and service fees | Transfer agent fees |
Multi-Index 2060 Lifetime Portfolio | Class R4 | $114 | $6 |
Class R6 | — | 267 | |
Class 1 | 6,677 | — | |
Total | $6,791 | $273 | |
Multi-Index 2055 Lifetime Portfolio | Class R4 | $136 | $7 |
Class R6 | — | 970 | |
Class 1 | 19,107 | — | |
Total | $19,243 | $977 | |
Multi-Index 2050 Lifetime Portfolio | Class R4 | $678 | $26 |
Class R6 | — | 2,177 | |
Class 1 | 24,203 | — | |
Total | $24,881 | $2,203 | |
Multi-Index 2045 Lifetime Portfolio | Class R4 | $707 | $36 |
Class R6 | — | 3,422 | |
Class 1 | 31,292 | — | |
Total | $31,999 | $3,458 | |
Multi-Index 2040 Lifetime Portfolio | Class R4 | $181 | $9 |
Class R6 | — | 3,017 | |
Class 1 | 39,952 | — | |
Total | $40,133 | $3,026 | |
Multi-Index 2035 Lifetime Portfolio | Class R4 | $1,075 | $51 |
Class R6 | — | 3,187 | |
Class 1 | 47,647 | — | |
Total | $48,722 | $3,238 | |
Multi-Index 2030 Lifetime Portfolio | Class R4 | $3,039 | $155 |
Class R6 | — | 2,305 | |
Class 1 | 55,758 | — | |
Total | $58,797 | $2,460 | |
Multi-Index 2025 Lifetime Portfolio | Class R4 | $2,487 | $129 |
Class R6 | — | 2,412 | |
Class 1 | 49,756 | — | |
Total | $52,243 | $2,541 | |
Multi-Index 2020 Lifetime Portfolio | Class R4 | $4,174 | $183 |
Class R6 | — | 1,812 | |
Class 1 | 30,502 | — | |
Total | $34,676 | $1,995 | |
Multi-Index 2015 Lifetime Portfolio | Class R4 | $1,278 | $67 |
Class R6 | — | 780 | |
Class 1 | 7,832 | — | |
Total | $9,110 | $847 | |
Multi-Index 2010 Lifetime Portfolio | Class R4 | $259 | $13 |
Class R6 | — | 417 | |
Class 1 | 6,307 | — | |
Total | $6,566 | $430 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 53 |
Multi-Index 2060 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 3,951 | $48,067 | — | — |
Distributions reinvested | 249 | 3,100 | — | — |
Repurchased | (633) | (8,048) | — | — |
Net increase | 3,567 | $43,119 | — | — |
Class R6 shares | ||||
Sold | 246,507 | $3,041,844 | 177,424 | $2,130,715 |
Distributions reinvested | 23,486 | 291,929 | 8,374 | 88,096 |
Repurchased | (37,133) | (465,663) | (30,626) | (372,605) |
Net increase | 232,860 | $2,868,110 | 155,172 | $1,846,206 |
Class 1 shares | ||||
Sold | 427,136 | $5,362,751 | 856,501 | $10,266,972 |
Distributions reinvested | 145,103 | 1,805,083 | 103,313 | 1,086,850 |
Repurchased | (300,337) | (3,778,399) | (123,139) | (1,444,338) |
Net increase | 271,902 | $3,389,435 | 836,675 | $9,909,484 |
Total net increase | 508,329 | $6,300,664 | 991,847 | $11,755,690 |
Multi-Index 2055 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 6,042 | $69,395 | 185 | $1,976 |
Distributions reinvested | 482 | 5,627 | — | — |
Net increase | 6,524 | $75,022 | 185 | $1,976 |
Class R6 shares | ||||
Sold | 627,954 | $7,423,181 | 707,183 | $8,205,938 |
Distributions reinvested | 109,078 | 1,271,854 | 54,163 | 542,717 |
Repurchased | (125,908) | (1,475,828) | (179,081) | (2,130,975) |
Net increase | 611,124 | $7,219,207 | 582,265 | $6,617,680 |
Class 1 shares | ||||
Sold | 530,262 | $6,265,926 | 1,117,118 | $12,832,313 |
Distributions reinvested | 531,739 | 6,205,398 | 587,868 | 5,896,320 |
Repurchased | (506,427) | (5,998,232) | (698,658) | (7,827,823) |
Net increase | 555,574 | $6,473,092 | 1,006,328 | $10,900,810 |
Total net increase | 1,173,222 | $13,767,321 | 1,588,778 | $17,520,466 |
Multi-Index 2050 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 31,954 | $371,354 | 21,758 | $234,692 |
Distributions reinvested | 3,017 | 35,576 | — | — |
Repurchased | (24,388) | (292,411) | (5,325) | (61,492) |
Net increase | 10,583 | $114,519 | 16,433 | $173,200 |
Class R6 shares | ||||
Sold | 953,174 | $11,373,770 | 1,110,400 | $12,974,782 |
Distributions reinvested | 243,594 | 2,867,100 | 177,200 | 1,795,031 |
Repurchased | (100,782) | (1,199,286) | (483,884) | (5,688,389) |
54 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Multi-Index 2050 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net increase | 1,095,986 | $13,041,584 | 803,716 | $9,081,424 |
Class 1 shares | ||||
Sold | 614,590 | $7,360,007 | 1,275,226 | $14,805,046 |
Distributions reinvested | 677,769 | 7,984,116 | 753,345 | 7,638,917 |
Repurchased | (763,327) | (9,155,903) | (1,015,322) | (11,679,028) |
Net increase | 529,032 | $6,188,220 | 1,013,249 | $10,764,935 |
Total net increase | 1,635,601 | $19,344,323 | 1,833,398 | $20,019,559 |
Multi-Index 2045 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 59,118 | $676,960 | 1,711 | $18,246 |
Distributions reinvested | 4,951 | 57,580 | — | — |
Repurchased | (12,754) | (151,925) | (1,704) | (19,543) |
Net increase (decrease) | 51,315 | $582,615 | 7 | $(1,297) |
Class R6 shares | ||||
Sold | 1,123,429 | $13,212,330 | 1,643,030 | $19,106,579 |
Distributions reinvested | 394,204 | 4,588,538 | 322,311 | 3,236,000 |
Repurchased | (438,423) | (5,207,562) | (657,995) | (7,752,542) |
Net increase | 1,079,210 | $12,593,306 | 1,307,346 | $14,590,037 |
Class 1 shares | ||||
Sold | 795,617 | $9,362,100 | 1,396,984 | $16,105,902 |
Distributions reinvested | 908,553 | 10,566,473 | 1,041,942 | 10,461,096 |
Repurchased | (1,241,754) | (14,706,561) | (1,483,845) | (17,200,596) |
Net increase | 462,416 | $5,222,012 | 955,081 | $9,366,402 |
Total net increase | 1,592,941 | $18,397,933 | 2,262,434 | $23,955,142 |
Multi-Index 2040 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 13,535 | $155,270 | 375 | $4,092 |
Distributions reinvested | 816 | 9,472 | — | — |
Repurchased | (4,271) | (49,962) | — | — |
Net increase | 10,080 | $114,780 | 375 | $4,092 |
Class R6 shares | ||||
Sold | 1,544,364 | $18,218,989 | 1,295,707 | $15,049,361 |
Distributions reinvested | 354,146 | 4,104,547 | 287,029 | 2,881,773 |
Repurchased | (661,791) | (7,783,852) | (475,768) | (5,504,192) |
Net increase | 1,236,719 | $14,539,684 | 1,106,968 | $12,426,942 |
Class 1 shares | ||||
Sold | 742,483 | $8,812,038 | 1,653,872 | $19,160,926 |
Distributions reinvested | 1,176,666 | 13,649,327 | 1,389,927 | 13,954,863 |
Repurchased | (1,357,185) | (16,070,312) | (1,599,972) | (18,312,882) |
Net increase | 561,964 | $6,391,053 | 1,443,827 | $14,802,907 |
Total net increase | 1,808,763 | $21,045,517 | 2,551,170 | $27,233,941 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 55 |
Multi-Index 2035 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 144,942 | $1,645,237 | 1,369 | $14,477 |
Distributions reinvested | 5,923 | 67,938 | — | — |
Repurchased | (80,573) | (952,982) | — | — |
Net increase | 70,292 | $760,193 | 1,369 | $14,477 |
Class R6 shares | ||||
Sold | 1,428,071 | $16,602,853 | 1,758,628 | $20,266,330 |
Distributions reinvested | 360,262 | 4,128,607 | 269,486 | 2,689,468 |
Repurchased | (342,732) | (4,012,585) | (306,561) | (3,457,173) |
Net increase | 1,445,601 | $16,718,875 | 1,721,553 | $19,498,625 |
Class 1 shares | ||||
Sold | 889,615 | $10,372,063 | 1,702,392 | $19,407,029 |
Distributions reinvested | 1,340,491 | 15,362,027 | 1,643,804 | 16,405,162 |
Repurchased | (1,805,566) | (21,263,469) | (2,678,519) | (30,650,519) |
Net increase | 424,540 | $4,470,621 | 667,677 | $5,161,672 |
Total net increase | 1,940,433 | $21,949,689 | 2,390,599 | $24,674,774 |
Multi-Index 2030 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 303,392 | $3,421,743 | 560 | $5,892 |
Distributions reinvested | 18,470 | 210,191 | — | — |
Repurchased | (61,101) | (711,070) | — | — |
Net increase | 260,761 | $2,920,864 | 560 | $5,892 |
Class R6 shares | ||||
Sold | 2,343,828 | $26,791,099 | 1,596,310 | $18,081,696 |
Distributions reinvested | 242,164 | 2,753,408 | 133,025 | 1,322,271 |
Repurchased | (589,901) | (6,793,776) | (391,741) | (4,322,601) |
Net increase | 1,996,091 | $22,750,731 | 1,337,594 | $15,081,366 |
Class 1 shares | ||||
Sold | 1,269,160 | $14,720,065 | 1,801,137 | $20,207,717 |
Distributions reinvested | 1,436,423 | 16,332,135 | 1,850,723 | 18,396,185 |
Repurchased | (2,086,105) | (24,321,500) | (3,323,481) | (37,039,983) |
Net increase | 619,478 | $6,730,700 | 328,379 | $1,563,919 |
Total net increase | 2,876,330 | $32,402,295 | 1,666,533 | $16,651,177 |
Multi-Index 2025 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 305,933 | $3,400,330 | 421 | $4,496 |
Distributions reinvested | 11,894 | 132,382 | — | — |
Repurchased | (146,347) | (1,700,222) | — | — |
Net increase | 171,480 | $1,832,490 | 421 | $4,496 |
Class R6 shares | ||||
Sold | 3,484,301 | $39,149,963 | 1,413,515 | $15,435,236 |
Distributions reinvested | 255,404 | 2,840,092 | 67,376 | 663,656 |
Repurchased | (1,504,916) | (17,138,724) | (334,731) | (3,644,025) |
Net increase | 2,234,789 | $24,851,331 | 1,146,160 | $12,454,867 |
56 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Multi-Index 2025 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class 1 shares | ||||
Sold | 814,758 | $9,269,196 | 1,673,932 | $18,405,904 |
Distributions reinvested | 1,230,729 | 13,685,709 | 1,674,065 | 16,489,542 |
Repurchased | (2,678,185) | (30,406,902) | (3,487,333) | (38,500,334) |
Net decrease | (632,698) | $(7,451,997) | (139,336) | $(3,604,888) |
Total net increase | 1,773,571 | $19,231,824 | 1,007,245 | $8,854,475 |
Multi-Index 2020 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 323,338 | $3,551,375 | 4,635 | $47,290 |
Distributions reinvested | 19,872 | 217,404 | — | — |
Repurchased | (22,462) | (251,645) | — | — |
Net increase | 320,748 | $3,517,134 | 4,635 | $47,290 |
Class R6 shares | ||||
Sold | 2,869,400 | $31,727,405 | 840,404 | $9,055,205 |
Distributions reinvested | 177,931 | 1,946,565 | 47,830 | 467,775 |
Repurchased | (780,073) | (8,765,353) | (283,192) | (3,091,043) |
Net increase | 2,267,258 | $24,908,617 | 605,042 | $6,431,937 |
Class 1 shares | ||||
Sold | 679,962 | $7,570,931 | 787,629 | $8,581,941 |
Distributions reinvested | 689,000 | 7,530,767 | 1,034,946 | 10,111,423 |
Repurchased | (2,185,049) | (24,484,851) | (2,802,055) | (30,179,451) |
Net decrease | (816,087) | $(9,383,153) | (979,480) | $(11,486,087) |
Total net increase (decrease) | 1,771,919 | $19,042,598 | (369,803) | $(5,006,860) |
Multi-Index 2015 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 386,384 | $4,173,114 | — | — |
Distributions reinvested | 6,586 | 70,004 | — | — |
Repurchased | (291,191) | (3,180,855) | — | — |
Net increase | 101,779 | $1,062,263 | — | — |
Class R6 shares | ||||
Sold | 1,174,558 | $12,742,560 | 311,702 | $3,242,639 |
Distributions reinvested | 87,416 | 929,232 | 13,902 | 134,018 |
Repurchased | (145,056) | (1,574,602) | (106,928) | (1,129,480) |
Net increase | 1,116,918 | $12,097,190 | 218,676 | $2,247,177 |
Class 1 shares | ||||
Sold | 120,554 | $1,318,434 | 313,123 | $3,303,006 |
Distributions reinvested | 176,958 | 1,881,062 | 286,098 | 2,757,989 |
Repurchased | (1,110,076) | (12,147,081) | (1,031,071) | (10,837,790) |
Net decrease | (812,564) | $(8,947,585) | (431,850) | $(4,776,795) |
Total net increase (decrease) | 406,133 | $4,211,868 | (213,174) | $(2,529,618) |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 57 |
Multi-Index 2010 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 23,440 | $246,678 | — | — |
Distributions reinvested | 730 | 7,653 | — | — |
Repurchased | (8,150) | (88,178) | — | — |
Net increase | 16,020 | $166,153 | — | — |
Class R6 shares | ||||
Sold | 798,395 | $8,526,999 | 181,284 | $1,833,744 |
Distributions reinvested | 38,279 | 401,163 | 10,976 | 103,392 |
Repurchased | (256,946) | (2,749,720) | (75,371) | (772,917) |
Net increase | 579,728 | $6,178,442 | 116,889 | $1,164,219 |
Class 1 shares | ||||
Sold | 340,494 | $3,599,169 | 442,971 | $4,598,861 |
Distributions reinvested | 114,756 | 1,201,493 | 199,731 | 1,879,472 |
Repurchased | (498,176) | (5,293,873) | (967,845) | (10,104,017) |
Net decrease | (42,926) | $(493,211) | (325,143) | $(3,625,684) |
Total net increase (decrease) | 552,822 | $5,851,384 | (208,254) | $(2,461,465) |
Portfolio | Class | % by Class |
Multi-Index 2060 Lifetime Portfolio | R4 | 55% |
Multi-Index 2060 Lifetime Portfolio | 1 | 100% |
Multi-Index 2055 Lifetime Portfolio | R4 | 39% |
Multi-Index 2055 Lifetime Portfolio | 1 | 100% |
Multi-Index 2050 Lifetime Portfolio | 1 | 100% |
Multi-Index 2045 Lifetime Portfolio | 1 | 100% |
Multi-Index 2040 Lifetime Portfolio | R4 | 29% |
Multi-Index 2040 Lifetime Portfolio | 1 | 100% |
Multi-Index 2035 Lifetime Portfolio | 1 | 100% |
Multi-Index 2030 Lifetime Portfolio | 1 | 100% |
Multi-Index 2025 Lifetime Portfolio | 1 | 100% |
Multi-Index 2020 Lifetime Portfolio | 1 | 100% |
Multi-Index 2015 Lifetime Portfolio | 1 | 100% |
Multi-Index 2010 Lifetime Portfolio | R4 | 23% |
Multi-Index 2010 Lifetime Portfolio | 1 | 100% |
Purchases | Sales | ||
Portfolio | U.S. Government | Other issuers | Other issuers |
Multi-Index 2060 Lifetime Portfolio | $701,824 | $12,569,414 | $8,357,450 |
Multi-Index 2055 Lifetime Portfolio | 2,076,746 | 26,767,058 | 20,661,222 |
Multi-Index 2050 Lifetime Portfolio | 2,941,506 | 38,195,182 | 29,989,946 |
Multi-Index 2045 Lifetime Portfolio | 3,929,074 | 48,715,091 | 45,733,361 |
Multi-Index 2040 Lifetime Portfolio | 7,220,343 | 57,151,542 | 57,175,311 |
Multi-Index 2035 Lifetime Portfolio | 10,975,739 | 63,930,367 | 67,566,406 |
Multi-Index 2030 Lifetime Portfolio | 14,964,575 | 76,851,567 | 74,366,284 |
Multi-Index 2025 Lifetime Portfolio | 16,427,770 | 83,393,712 | 93,361,306 |
Multi-Index 2020 Lifetime Portfolio | 11,167,974 | 72,264,690 | 69,826,785 |
Multi-Index 2015 Lifetime Portfolio | 3,271,099 | 28,928,542 | 29,762,109 |
Multi-Index 2010 Lifetime Portfolio | 2,506,707 | 20,093,427 | 17,516,524 |
58 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Multi-Index 2060 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 38,069 | $106,254 | $21,087,325 | $(20,812,832) | $226 | $55 | $1,138 | — | $381,028 |
Strategic Equity Allocation | 1,680,598 | 16,497,725 | 4,777,317 | (2,484,385) | (362,292) | (109,850) | 421,492 | $209,092 | 18,318,515 |
$(362,066) | $(109,795) | $422,630 | $209,092 | $18,699,543 | |||||
Multi-Index 2055 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 110,604 | $325,876 | $57,823,653 | $(57,043,145) | $477 | $161 | $2,736 | — | $1,107,022 |
Strategic Equity Allocation | 4,752,466 | 49,934,023 | 7,421,010 | (4,357,473) | (495,573) | (700,109) | 1,225,268 | $607,827 | 51,801,878 |
$(495,096) | $(699,948) | $1,228,004 | $607,827 | $52,908,900 | |||||
Multi-Index 2050 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 158,247 | $466,220 | $65,021,470 | $(63,905,673) | $1,654 | $208 | $9,372 | — | $1,583,879 |
Strategic Equity Allocation | 6,801,076 | 71,866,814 | 11,065,148 | (7,103,027) | (925,871) | (771,339) | 1,742,769 | $864,547 | 74,131,725 |
$(924,217) | $(771,131) | $1,752,141 | $864,547 | $75,715,604 | |||||
Multi-Index 2045 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 305,664 | $683,321 | $89,325,074 | $(86,949,762) | $341 | $391 | $7,782 | — | $3,059,365 |
Strategic Equity Allocation | 9,030,367 | 100,695,504 | 11,568,148 | (11,981,548) | (1,649,776) | (201,333) | 2,367,406 | $1,174,415 | 98,430,995 |
$(1,649,435) | $(200,942) | $2,375,188 | $1,174,415 | $101,490,360 | |||||
Multi-Index 2040 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 314,459 | $881,175 | $67,275,839 | $(65,011,924) | $1,629 | $669 | $9,113 | — | $3,147,388 |
Strategic Equity Allocation | 10,061,500 | 112,814,336 | 15,921,781 | (16,986,933) | (2,228,659) | 149,830 | 2,667,458 | $1,323,264 | 109,670,355 |
$(2,227,030) | $150,499 | $2,676,571 | $1,323,264 | $112,817,743 | |||||
Multi-Index 2035 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 42,667 | $2,989,582 | $79,730,631 | $(82,294,638) | $1,187 | $291 | $12,904 | — | $427,053 |
Strategic Equity Allocation | 10,727,994 | 121,475,015 | 16,335,226 | (18,964,208) | (2,221,404) | 310,511 | 2,835,462 | $1,406,607 | 116,935,140 |
$(2,220,217) | $310,802 | $2,848,366 | $1,406,607 | $117,362,193 | |||||
Multi-Index 2030 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | — | $4,980,747 | $89,242,595 | $(94,223,663) | $226 | $95 | $21,819 | — | — |
Strategic Equity Allocation | 10,623,915 | 113,757,467 | 20,494,434 | (16,280,505) | (1,710,201) | (460,517) | 2,713,178 | $1,345,945 | $115,800,678 |
$(1,709,975) | $(460,422) | $2,734,997 | $1,345,945 | $115,800,678 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | 59 |
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 |
Multi-Index 2025 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 938,021 | $8,456,657 | $114,669,294 | $(113,737,442) | $(799) | $846 | $23,303 | — | $9,388,556 |
Strategic Equity Allocation | 8,051,026 | 89,423,933 | 22,686,122 | (23,265,541) | (2,106,309) | 1,017,980 | 2,108,634 | $1,046,044 | 87,756,185 |
$(2,107,108) | $1,018,826 | $2,131,937 | $1,046,044 | $97,144,741 | |||||
Multi-Index 2020 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 795,943 | $11,030,601 | $82,880,427 | $(85,944,603) | $(530) | $624 | $20,982 | — | $7,966,519 |
Strategic Equity Allocation | 3,570,039 | 45,026,474 | 16,250,617 | (22,711,217) | (1,331,495) | 1,679,046 | 1,140,650 | $565,850 | 38,913,425 |
$(1,332,025) | $1,679,670 | $1,161,632 | $565,850 | $46,879,944 | |||||
Multi-Index 2015 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 101,211 | $2,191,766 | $7,573,670 | $(8,752,389) | $(113) | $78 | $3,093 | — | $1,013,012 |
Strategic Equity Allocation | 838,761 | 11,588,272 | 5,800,905 | (8,473,736) | (283,830) | 510,880 | 277,297 | $137,561 | 9,142,491 |
$(283,943) | $510,958 | $280,390 | $137,561 | $10,155,503 | |||||
Multi-Index 2010 Lifetime Portfolio | |||||||||
John Hancock Collateral Trust* | 99,187 | $1,492,241 | $4,441,569 | $(4,941,067) | $(151) | $159 | $2,551 | — | $992,751 |
Strategic Equity Allocation | 465,899 | 6,801,083 | 3,251,455 | (5,139,238) | (77,573) | 242,569 | 181,746 | $90,160 | 5,078,296 |
$(77,724) | $242,728 | $184,297 | $90,160 | $6,071,047 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
60 | JOHN HANCOCK MULTI-INDEX LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor Manulife Investment Management (US) LLC Portfolio Managers Nathan W. Thooft, CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The portfolios' proxy voting policies and procedures, as well as the portfolio proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the portfolios' holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The portfolios' Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your portfolio, as well asmonthly portfolio holdings, and other portfolio details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP. Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager representing one of America's most
trusted brands, with a heritage of financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why we support the role of professional
financial advice and operate with the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach: We search the world to find
proven portfolio teams with specialized expertise for every strategy we offer, then we apply robust
investment oversight to ensure they continue to meet our uncompromising standards and serve the
best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide a diverse set of investments backed
by some of the world's best managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Multi-Index Lifetime Portfolios. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105633 | RL2SA 2/20 4/20 |
John Hancock
Multi-Index Preservation Portfolios
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 888-972-8696 (Class R1, Class R2, Class R4, and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent the markets skidding during the last week of the period. Prior to the turbulence, investors benefited from a combination of low inflation, accommodative central bank policy, healthy fundamentals, and corporate buybacks of stock. Investors in non-U.S. equities also saw strong gains, fueled in part by similarly supportive monetary policy and some signs of strength in developing markets. In an environment of low inflation and declining interest rates, bonds were also faring well.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered interest rates and lawmakers embarked on a plan to launch major fiscal stimulus to support the economy.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
.
John Hancock
Multi-Index Preservation Portfolios
Table of contents
2 | Multi-Index Preservation Portfolios at a glance | ||
3 | Portfolio summary | ||
4 | Multi-Index 2060 Preservation Portfolio | ||
5 | Multi-Index 2055 Preservation Portfolio | ||
6 | Multi-Index 2050 Preservation Portfolio | ||
7 | Multi-Index 2045 Preservation Portfolio | ||
8 | Multi-Index 2040 Preservation Portfolio | ||
9 | Multi-Index 2035 Preservation Portfolio | ||
10 | Multi-Index 2030 Preservation Portfolio | ||
11 | Multi-Index 2025 Preservation Portfolio | ||
12 | Multi-Index 2020 Preservation Portfolio | ||
13 | Multi-Index Income Preservation Portfolio | ||
14 | Your expenses | ||
17 | Portfolios' investments | ||
23 | Financial statements | ||
33 | Financial highlights | ||
43 | Notes to financial statements | ||
60 | More information |
Multi-Index Preservation Portfolios at a glance
A SIMPLE, STRATEGIC PATH TO HELP YOU REACH YOUR RETIREMENT GOALS
Multi-Index Preservation Portfolios make diversification easy because the asset mix of each portfolio automatically changes over time.
• | Portfolios with dates further off initially invest more aggressively in stock funds. |
• | As a portfolio approaches its target date,1 the allocation will gradually migrate to a more conservative mix to lessen risk and narrow the range of possible outcomes at the retirement date. |
• | On reaching the retirement date, the allocation ceases to shift; we expect that the participant may then wish to use the savings to seek a retirement income solution. |
JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS—AUTOMATICALLY ADJUST OVER TIME2
The chart below illustrates how the asset allocation mix of John Hancock Multi-Index Preservation Portfolio adjusts over time.
The principal value of each portfolio is not guaranteed and you could lose money at any time, including at or after the target date.
The portfolios recently experienced negative short-term performance due to market volatility associated with the COVID-19 pandemic.
1 Based on an estimated retirement date.
2 Allocations may vary as a result of market activity or cash allocations held during unusual market or economic conditions.
MULTI-INDEX 2060-2020 AND INCOME PRESERVATION PORTFOLIOS' CLASS 1 SHARE RETURNS (%)
For the six months ended 2/29/2020
MARKET INDEX TOTAL RETURNS
For the six month period ended 2/29/20
U.S. Stocks | S&P 500 Index | 1.92% |
Russell Midcap Index | -1.11% | |
Russell 2000 Index | -0.52% | |
FTSE NAREIT All Equity REIT Index | -3.95% | |
International Stocks | MSCI EAFE Index | -0.91% |
MSCI Emerging Markets Index | 2.93% | |
MSCI EAFE Small Cap Index | 0.42% | |
Fixed Income | Bloomberg Barclays U.S. Aggregate Bond Index | 3.39% |
ICE Bank of America U.S. High Yield Master II Index | 1.31% | |
JP Morgan Global Government Bonds Unhedged Index | 1.11% |
Multi-Index 2060 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2060 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 is the S&P Target Date to 2060+ Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 is the John Hancock 2060 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 57.40% Russell 3000 Index, 24.60% MSCI ACWI ex-USA Index, 18.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2060+ Index. The S&P Target Date to 2060+ Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11 | Class R21 | Class R41 | Class R61 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | ||
Inception | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | |
Average annual total returns | |||||||||||
1-year | 5.08 | 5.17 | 5.44 | 5.60 | 5.55 | 3.33 | 11.68 | 9.89 | 8.19 | 6.06 | |
Since inception | 8.04 | 8.27 | 8.42 | 8.59 | 8.54 | 8.37 | 4.00 | 10.09 | 11.94 | 9.12 | |
Cumulative returns | |||||||||||
6-months | 2.04 | 2.21 | 2.30 | 2.28 | 2.32 | 0.54 | 3.39 | 3.25 | 1.92 | 1.80 | |
Since inception | 35.40 | 36.55 | 37.30 | 38.14 | 37.90 | 37.03 | 16.61 | 45.76 | 55.59 | 40.82 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.60 | 1.35 | 1.20 | 0.85 | 0.89 |
Net (%) | 1.13 | 0.88 | 0.63 | 0.37 | 0.42 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors, as described in the portfolio's prospectuses. |
Multi-Index 2055 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2055 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 is the S&P Target Date to 2055 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 isthe John Hancock 2055 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 57.40% Russell 3000 Index, 24.60% MSCI ACWI ex-USA Index, 18.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2055 Index. The S&P Target Date to 2055 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11 | Class R21 | Class R41 | Class R61 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 |
Average annual total returns | ||||||||||
1-year | 5.16 | 5.21 | 5.51 | 5.67 | 5.61 | 3.07 | 11.68 | 9.89 | 8.19 | 6.06 |
5-year | 5.36 | 5.55 | 5.74 | 5.89 | 5.84 | 5.60 | 3.58 | 7.06 | 9.23 | 6.33 |
Since inception | 5.99 | 6.21 | 6.40 | 6.56 | 6.51 | 6.05 | 3.92 | 8.11 | 10.29 | 6.97 |
Cumulative returns | ||||||||||
6-months | 2.16 | 2.20 | 2.41 | 2.37 | 2.41 | 0.36 | 3.39 | 3.25 | 1.92 | 1.80 |
5-year | 29.83 | 31.01 | 32.21 | 33.15 | 32.83 | 31.29 | 19.21 | 40.62 | 55.49 | 35.92 |
Since inception | 41.23 | 42.92 | 44.49 | 45.79 | 45.39 | 41.66 | 25.62 | 58.78 | 78.79 | 49.17 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.46 | 1.21 | 1.06 | 0.71 | 0.75 |
Net (%) | 1.14 | 0.89 | 0.64 | 0.38 | 0.43 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
Multi-Index 2050 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2050 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 isthe S&P Target Date to 2050 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 isthe John Hancock 2050 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index..
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 57.40% Russell 3000 Index, 24.60% MSCI ACWI ex-USA Index, 18.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2050 Index. The S&P Target Date to 2050 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 68.0 | |
Large blend | 68.0 | |
Unaffiliated investment companies/ Exchange-traded funds | 23.6 | |
Fixed income | 11.9 | |
Equity | 11.7 | |
U.S. Government | 8.3 | |
Short-term investments | 0.1 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11,2 | Class R21,2 | Class R41,2 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 |
Average annual total returns | ||||||||||
1-year | 4.86 | 5.11 | 5.44 | 5.72 | 5.57 | 3.36 | 11.68 | 9.89 | 8.19 | 6.06 |
5-year | 5.16 | 5.43 | 5.69 | 5.89 | 5.84 | 5.56 | 3.58 | 7.06 | 9.23 | 6.33 |
Since inception | 6.51 | 6.74 | 6.94 | 7.15 | 7.10 | 6.85 | 3.75 | 8.84 | 11.48 | 7.68 |
Cumulative returns | ||||||||||
6-months | 2.01 | 2.17 | 2.33 | 2.41 | 2.36 | 0.54 | 3.39 | 3.25 | 1.92 | 1.80 |
5-year | 28.62 | 30.26 | 31.91 | 33.16 | 32.81 | 31.04 | 19.21 | 40.62 | 55.49 | 35.92 |
Since inception | 74.58 | 77.94 | 81.01 | 84.11 | 83.36 | 79.58 | 38.48 | 111.35 | 161.33 | 92.39 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.43 | 1.18 | 1.03 | 0.68 | 0.72 |
Net (%) | 1.14 | 0.89 | 0.64 | 0.38 | 0.43 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class R1, Class R2, and Class R6 shares were first offered on 9-4-12. Class R4 shares were first offered on 5-1-12. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multi-Index 2045 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2045 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 isthe S&P Target Date to 2045 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 is the John Hancock 2045 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 56.00% Russell 3000 Index, 24.00% MSCI ACWI ex-USA Index, 20.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2045 Index. The S&P Target Date to 2045 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 66.3 | |
Large blend | 66.3 | |
Unaffiliated investment companies/ Exchange-traded funds | 24.7 | |
Fixed income | 13.0 | |
Equity | 11.7 | |
U.S. Government | 8.2 | |
Short-term investments | 0.8 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11,2 | Class R21,2 | Class R41,2 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 |
Average annual total returns | ||||||||||
1-year | 4.93 | 5.16 | 5.56 | 5.75 | 5.70 | 3.42 | 11.68 | 9.89 | 8.19 | 6.23 |
5-year | 5.09 | 5.35 | 5.70 | 5.89 | 5.84 | 5.45 | 3.58 | 7.04 | 9.23 | 6.34 |
Since inception | 7.23 | 7.44 | 7.67 | 7.84 | 7.80 | 7.63 | 3.93 | 9.58 | 11.84 | 8.44 |
Cumulative returns | ||||||||||
6-months | 2.01 | 2.09 | 2.27 | 2.43 | 2.38 | 0.49 | 3.39 | 3.23 | 1.92 | 1.89 |
5-year | 28.19 | 29.78 | 31.94 | 33.12 | 32.79 | 30.41 | 19.21 | 40.54 | 55.49 | 36.00 |
Since inception | 98.74 | 102.53 | 106.90 | 110.16 | 109.35 | 106.11 | 46.09 | 145.86 | 200.53 | 121.88 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.43 | 1.18 | 1.03 | 0.68 | 0.72 |
Net (%) | 1.13 | 0.88 | 0.63 | 0.37 | 0.42 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class R1, Class R2, and Class R6 shares were first offered on 9-4-12. Class R4 shares were first offered on 5-1-12. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multi-Index 2040 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2040 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 isthe S&P Target Date to 2040 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 isthe John Hancock 2040 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 51.80% Russell 3000 Index, 22.20% MSCI ACWI ex-USA Index, 26.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2040 Index. The S&P Target Date to 2040 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11,2 | Class R21,2 | Class R41,2 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 |
Average annual total returns | ||||||||||
1-year | 5.35 | 5.57 | 5.82 | 6.11 | 6.03 | 3.78 | 11.68 | 10.27 | 8.19 | 6.73 |
5-year | 5.11 | 5.36 | 5.62 | 5.81 | 5.76 | 5.38 | 3.58 | 6.99 | 9.23 | 6.25 |
Since inception | 7.21 | 7.39 | 7.61 | 7.77 | 7.74 | 7.40 | 3.93 | 9.51 | 11.84 | 8.35 |
Cumulative returns | ||||||||||
6-months | 2.17 | 2.30 | 2.33 | 2.50 | 2.44 | 0.74 | 3.39 | 3.30 | 1.92 | 2.12 |
5-year | 28.30 | 29.80 | 31.45 | 32.61 | 32.31 | 29.96 | 19.21 | 40.16 | 55.49 | 35.42 |
Since inception | 98.33 | 101.68 | 105.65 | 108.74 | 108.12 | 101.76 | 46.09 | 144.28 | 200.53 | 120.07 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.42 | 1.17 | 1.02 | 0.67 | 0.71 |
Net (%) | 1.12 | 0.87 | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class R1, Class R2, and Class R6 shares were first offered on 9-4-12. Class R4 shares were first offered on 5-1-12. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class- specific expenses; otherwise, returns would vary. |
Multi-Index 2035 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2035 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 isthe S&P Target Date to 2035 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 isthe John Hancock 2035 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 45.50% Russell 3000 Index, 19.50% MSCI ACWI ex-USA Index, 35.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2035 Index. The S&P Target Date to 2035 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 55.2 | |
Large blend | 55.2 | |
Unaffiliated investment companies/ Exchange-traded funds | 36.0 | |
Fixed income | 26.5 | |
Equity | 9.5 | |
U.S. Government | 8.1 | |
Short-term investments | 0.7 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11,2 | Class R21,2 | Class R41,2 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 |
Average annual total returns | ||||||||||
1-year | 6.02 | 6.09 | 6.48 | 6.61 | 6.56 | 4.48 | 11.68 | 10.99 | 8.19 | 7.43 |
5-year | 4.91 | 5.10 | 5.45 | 5.62 | 5.57 | 5.20 | 3.58 | 6.83 | 9.23 | 6.12 |
Since inception | 6.97 | 7.13 | 7.38 | 7.55 | 7.50 | 7.09 | 3.93 | 9.29 | 11.84 | 8.13 |
Cumulative returns | ||||||||||
6-months | 2.31 | 2.45 | 2.61 | 2.64 | 2.66 | 1.04 | 3.39 | 3.43 | 1.92 | 2.37 |
5-year | 27.10 | 28.23 | 30.36 | 31.46 | 31.15 | 28.87 | 19.21 | 39.13 | 55.49 | 34.57 |
Since inception | 94.07 | 96.94 | 101.48 | 104.55 | 103.63 | 96.15 | 46.09 | 139.50 | 200.53 | 115.65 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.42 | 1.17 | 1.02 | 0.67 | 0.71 |
Net (%) | 1.12 | 0.87 | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class R1, Class R2, and Class R6 shares were first offered on 9-4-12. Class R4 shares were first offered on 5-1-12. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multi-Index 2030 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2030 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 isthe S&P Target Date to 2030 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 isthe John Hancock 2030 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 33.25% Russell 3000 Index, 14.25% MSCI ACWI ex-USA Index, 52.50% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the Bloomberg Barclays U.S. Aggregate Bond Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2030 Index. The S&P Target Date to 2030 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 39.8 | |
Large blend | 39.8 | |
Unaffiliated investment companies/ Exchange-traded funds | 51.5 | |
Fixed income | 41.8 | |
Equity | 9.7 | |
U.S. Government | 7.9 | |
Short-term investments | 0.8 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11,2 | Class R21,2 | Class R41,2 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 |
Average annual total returns | ||||||||||
1-year | 6.78 | 7.01 | 7.30 | 7.62 | 7.48 | 5.21 | 11.68 | 11.92 | 8.19 | 8.77 |
5-year | 4.57 | 4.76 | 5.12 | 5.30 | 5.24 | 5.10 | 3.58 | 6.49 | 9.23 | 5.83 |
Since inception | 6.51 | 6.69 | 6.93 | 7.10 | 7.05 | 6.78 | 3.93 | 8.84 | 11.84 | 7.69 |
Cumulative returns | ||||||||||
6-months | 2.48 | 2.62 | 2.69 | 2.88 | 2.83 | 1.34 | 3.39 | 3.51 | 1.92 | 2.90 |
5-year | 25.01 | 26.19 | 28.35 | 29.46 | 29.12 | 28.22 | 19.21 | 36.92 | 55.49 | 32.77 |
Since inception | 86.02 | 88.99 | 93.33 | 96.31 | 95.51 | 90.68 | 46.09 | 130.04 | 200.53 | 107.26 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.40 | 1.15 | 1.00 | 0.65 | 0.69 |
Net (%) | 1.12 | 0.87 | 0.62 | 0.36 | 0.41 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class R1, Class R2, and Class R6 shares were first offered on 9-4-12. Class R4 shares were first offered on 5-1-12. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multi-Index 2025 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2025 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 isthe S&P Target Date to 2025 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 isthe John Hancock 2025 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 19.60% Russell 3000 Index, 8.40% MSCI ACWI ex-USA Index, 72.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the Bloomberg Barclays U.S. Aggregate Bond Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2025 Index. The S&P Target Date to 2025 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 25.0 | |
Large blend | 25.0 | |
Unaffiliated investment companies/ Exchange-traded funds | 64.6 | |
Fixed income | 58.5 | |
Equity | 6.1 | |
U.S Government | 10.4 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11,2 | Class R21,2 | Class R41,2 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 |
Average annual total returns | ||||||||||
1-year | 7.41 | 7.69 | 7.93 | 8.15 | 8.10 | 6.00 | 11.68 | 10.86 | 8.19 | 10.11 |
5-year | 3.84 | 4.18 | 4.43 | 4.61 | 4.56 | 4.87 | 3.58 | 5.49 | 9.23 | 5.21 |
Since inception | 5.67 | 5.91 | 6.10 | 6.26 | 6.22 | 6.38 | 3.93 | 7.85 | 11.84 | 6.84 |
Cumulative returns | ||||||||||
6-months | 2.23 | 2.41 | 2.48 | 2.59 | 2.54 | 1.63 | 3.39 | 3.23 | 1.92 | 3.27 |
5-year | 20.73 | 22.71 | 24.20 | 25.30 | 24.99 | 26.83 | 19.21 | 30.61 | 55.49 | 28.91 |
Since inception | 71.98 | 75.95 | 79.02 | 81.75 | 81.04 | 83.74 | 46.09 | 110.31 | 200.53 | 91.77 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.40 | 1.15 | 1.00 | 0.65 | 0.69 |
Net (%) | 0.11 | 0.86 | 0.61 | 0.35 | 0.40 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class R1, Class R2, and Class R6 shares were first offered on 9-4-12. Class R4 shares were first offered on 5-1-12. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multi-Index 2020 Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index 2020 Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 isthe S&P Target Date to 2020 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 isthe John Hancock 2020 Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 5.60% Russell 3000 Index, 2.40% MSCI ACWI ex-USA Index, 92.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the Bloomberg Barclays U.S. Aggregate Bond Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to 2020 Index. The S&P Target Date to 2020 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 5.3 | |
Large blend | 5.3 | |
Unaffiliated investment companies/ Exchange-traded funds | 77.5 | |
Fixed income | 71.3 | |
Equity | 6.2 | |
U.S. Government | 11.6 | |
Short-term investments | 5.6 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11,2 | Class R21,2 | Class R41,2 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 |
Average annual total returns | ||||||||||
1-year | 7.52 | 7.88 | 8.08 | 8.44 | 8.29 | 6.61 | 11.68 | 9.19 | 8.19 | 11.36 |
5-year | 3.07 | 3.26 | 3.59 | 3.78 | 3.72 | 4.60 | 3.58 | 4.21 | 9.23 | 4.38 |
Since inception | 4.57 | 4.73 | 4.96 | 5.13 | 5.08 | 5.96 | 3.93 | 6.26 | 11.84 | 5.71 |
Cumulative returns | ||||||||||
6-months | 1.74 | 1.90 | 2.01 | 2.14 | 2.10 | 1.88 | 3.39 | 2.64 | 1.92 | 3.56 |
5-year | 16.34 | 17.40 | 19.30 | 20.39 | 20.01 | 25.20 | 19.21 | 22.87 | 55.49 | 23.92 |
Since inception | 55.24 | 57.56 | 61.00 | 63.59 | 62.84 | 76.67 | 46.09 | 81.72 | 200.53 | 72.68 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.40 | 1.15 | 1.00 | 0.65 | 0.69 |
Net (%) | 1.09 | 0.84 | 0.59 | 0.33 | 0.38 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class R1, Class R2, and Class R6 shares were first offered on 9-4-12. Class R4 shares were first offered on 5-1-12. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multi-Index Income Preservation Portfolio
GROWTH OF $10,000
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multi-Index Income Preservation Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 isthe S&P Target Date to Retirement Income Index, an unmanaged index comprised of a set of indices aligned with specific target date years. Index performance inception was May 30, 2014. Returns since fund inception are not available.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 isthe John Hancock Income Preservation Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 5.60% Russell 3000 Index, 2.40% MSCI ACWI ex-USA Index, 92.00% Bloomberg Barclays U.S. Aggregate Bond Index.
Prior to January 1, 2020, the fund's primary benchmark was the Bloomberg Barclays U.S. Aggregate Bond Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date to Retirement Income Index. The S&P Target Date to Retirement Income Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | 5.2 | |
Large blend | 5.2 | |
Unaffiliated investment companies/ Exchange-traded funds | 76.3 | |
Fixed income | 70.3 | |
Equity | 6.0 | |
U.S. Government | 11.5 | |
Short-term investments | 7.0 |
As a percentage of total investments.
PERFORMANCE CHART
Total returns for the period ended 2-29-20 (%)
Class R11,2 | Class R21,2 | Class R41,2 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 | 4-30-10 |
Average annual total returns | ||||||||||
1-year | 6.23 | 6.50 | 6.78 | 6.95 | 6.89 | 7.24 | 11.68 | 8.55 | 8.19 | 11.21 |
5-year | 2.47 | 2.68 | 2.92 | 3.08 | 3.05 | 3.73 | 3.58 | 3.69 | 9.23 | 3.89 |
Since inception | 3.45 | 3.62 | 3.80 | 3.97 | 3.93 | — | 3.93 | 4.70 | 11.84 | 4.61 |
Cumulative returns | ||||||||||
6-months | 1.13 | 1.29 | 1.47 | 1.53 | 1.48 | 2.05 | 3.39 | 2.51 | 1.92 | 3.28 |
5-year | 12.97 | 14.12 | 15.49 | 16.40 | 16.20 | 20.07 | 19.21 | 19.85 | 55.49 | 21.05 |
Since inception | 39.60 | 41.84 | 44.36 | 46.59 | 46.12 | — | 46.09 | 57.10 | 200.53 | 55.84 |
Performance figures assume all distributions have been reinvested.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.42 | 1.17 | 1.02 | 0.67 | 0.71 |
Net (%) | 1.10 | 0.85 | 0.60 | 0.34 | 0.39 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
This performance information does not reflect the deduction of taxes that a shareholder may pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class R1, Class R2, and Class R6 shares were first offered on 9-4-12. Class R4 shares were first offered on 5-1-12. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Your expenses |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multi-Index 2060 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,020.40 | $2.71 | 0.54% |
Hypothetical example | 1,000.00 | 1,022.20 | 2.72 | 0.54% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,022.10 | 2.21 | 0.44% |
Hypothetical example | 1,000.00 | 1,022.70 | 2.21 | 0.44% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,023.00 | 0.80 | 0.16% |
Hypothetical example | 1,000.00 | 1,024.10 | 0.81 | 0.16% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,022.80 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,023.20 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multi-Index 2055 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,021.60 | $2.61 | 0.52% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.61 | 0.52% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,022.00 | 2.31 | 0.46% |
Hypothetical example | 1,000.00 | 1,022.60 | 2.31 | 0.46% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,024.10 | 0.81 | 0.16% |
Hypothetical example | 1,000.00 | 1,024.10 | 0.81 | 0.16% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,023.70 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,024.10 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
14 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multi-Index 2050 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,020.10 | $3.82 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.82 | 0.76% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,021.70 | 2.56 | 0.51% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.56 | 0.51% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,023.30 | 1.26 | 0.25% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.26 | 0.25% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,024.10 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,023.60 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multi-Index 2045 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,020.10 | $3.72 | 0.74% |
Hypothetical example | 1,000.00 | 1,021.20 | 3.72 | 0.74% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,020.90 | 2.56 | 0.51% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.56 | 0.51% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,022.70 | 0.80 | 0.16% |
Hypothetical example | 1,000.00 | 1,024.10 | 0.81 | 0.16% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,024.30 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,023.80 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multi-Index 2040 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,021.70 | $3.67 | 0.73% |
Hypothetical example | 1,000.00 | 1,021.20 | 3.67 | 0.73% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,023.00 | 2.57 | 0.51% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.56 | 0.51% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,023.30 | 1.11 | 0.22% |
Hypothetical example | 1,000.00 | 1,023.80 | 1.11 | 0.22% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,025.00 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,024.40 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multi-Index 2035 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,023.10 | $3.27 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.27 | 0.65% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,024.50 | 2.57 | 0.51% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.56 | 0.51% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,026.10 | 0.91 | 0.18% |
Hypothetical example | 1,000.00 | 1,024.00 | 0.91 | 0.18% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,026.40 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,026.60 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 15 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multi-Index 2030 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,024.80 | $3.93 | 0.78% |
Hypothetical example | 1,000.00 | 1,021.00 | 3.92 | 0.78% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,026.20 | 2.87 | 0.57% |
Hypothetical example | 1,000.00 | 1,022.00 | 2.87 | 0.57% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,026.90 | 1.61 | 0.32% |
Hypothetical example | 1,000.00 | 1,023.30 | 1.61 | 0.32% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,028.80 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,028.30 | 0.55 | 0.11% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.55 | 0.11% | |
Multi-Index 2025 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,022.30 | $4.17 | 0.83% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.17 | 0.83% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,024.10 | 3.27 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.27 | 0.65% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,024.80 | 1.66 | 0.33% |
Hypothetical example | 1,000.00 | 1,023.20 | 1.66 | 0.33% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,025.90 | 0.71 | 0.14% |
Hypothetical example | 1,000.00 | 1,024.20 | 0.70 | 0.14% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,025.40 | 0.96 | 0.19% |
Hypothetical example | 1,000.00 | 1,023.90 | 0.96 | 0.19% | |
Multi-Index 2020 Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,017.40 | $4.82 | 0.96% |
Hypothetical example | 1,000.00 | 1,020.10 | 4.82 | 0.96% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,019.00 | 3.56 | 0.71% |
Hypothetical example | 1,000.00 | 1,021.30 | 3.57 | 0.71% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,020.10 | 2.16 | 0.43% |
Hypothetical example | 1,000.00 | 1,022.70 | 2.16 | 0.43% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,021.40 | 1.01 | 0.20% |
Hypothetical example | 1,000.00 | 1,023.90 | 1.01 | 0.20% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,021.00 | 1.26 | 0.25% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.26 | 0.25% | |
Multi-Index Income Preservation Portfolio | |||||
Class R1 | Actual expenses/actual returns | $1,000.00 | $1,011.30 | $4.60 | 0.92% |
Hypothetical example | 1,000.00 | 1,020.30 | 4.62 | 0.92% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,012.90 | 3.75 | 0.75% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.77 | 0.75% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,014.70 | 2.40 | 0.48% |
Hypothetical example | 1,000.00 | 1,022.50 | 2.41 | 0.48% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,015.30 | 1.20 | 0.24% |
Hypothetical example | 1,000.00 | 1,023.70 | 1.21 | 0.24% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,014.80 | 1.45 | 0.29% |
Hypothetical example | 1,000.00 | 1,023.40 | 1.46 | 0.29% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
2 | Ratios do not include expenses indirectly incurred by the underlying funds and can vary based on the mix of underlying funds held by the portfolios. |
16 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Portfolios' investments |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 68.3% | ||
Equity - 68.3% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 7,017,623 | $76,492,089 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $83,607,681) | $76,492,089 | |
UNAFFILIATED INVESTMENT COMPANIES - 23.8% | ||
Exchange-traded funds - 23.8% | ||
Financial Select Sector SPDR Fund | 44,516 | 1,183,680 |
iShares JP Morgan USD Emerging Markets Bond ETF | 10,373 | 1,183,767 |
Vanguard FTSE Emerging Markets ETF | 44,279 | 1,794,185 |
Vanguard Health Care ETF | 6,629 | 1,161,997 |
Vanguard Information Technology ETF | 5,018 | 1,182,492 |
Vanguard Intermediate-Term Corporate Bond ETF | 25,973 | 2,445,618 |
Vanguard Mid-Cap ETF | 37,679 | 6,109,650 |
Vanguard S&P 500 ETF | 3,394 | 922,286 |
Vanguard Small-Cap ETF | 6,864 | 1,018,960 |
Vanguard Total Bond Market ETF | 98,376 | 8,535,102 |
Xtrackers USD High Yield Corporate Bond ETF | 23,912 | 1,174,797 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $26,718,237) | $26,712,534 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 7.9% | ||
U.S. Government - 7.9% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 3,626,000 | 2,227,398 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 3,508,200 | 2,209,739 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 3,531,000 | 2,209,986 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 3,493,100 | 2,212,058 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $7,746,389) | $8,859,181 | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 128,681 | 128,681 |
TOTAL SHORT-TERM INVESTMENTS (Cost $128,681) | $128,681 | |
Total investments (Cost $118,200,988) - 100.1% | $112,192,485 | |
Other assets and liabilities, net - (0.1%) | (91,565) | |
TOTAL NET ASSETS - 100.0% | $112,100,920 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 68.2% | ||
Equity - 68.2% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 17,100,897 | $186,399,773 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $204,888,286) | $186,399,773 |
Shares or Principal Amount | Value | |
UNAFFILIATED INVESTMENT COMPANIES - 23.6% | ||
Exchange-traded funds - 23.6% | ||
Financial Select Sector SPDR Fund | 108,935 | $2,896,582 |
iShares JP Morgan USD Emerging Markets Bond ETF | 24,974 | 2,850,033 |
Vanguard FTSE Emerging Markets ETF | 108,875 | 4,411,615 |
Vanguard Health Care ETF | 16,287 | 2,854,948 |
Vanguard Information Technology ETF | 12,276 | 2,892,839 |
Vanguard Intermediate-Term Corporate Bond ETF | 62,122 | 5,849,408 |
Vanguard Mid-Cap ETF | 92,224 | 14,954,122 |
Vanguard S&P 500 ETF | 8,306 | 2,257,072 |
Vanguard Small-Cap ETF | 16,802 | 2,494,258 |
Vanguard Total Bond Market ETF | 234,944 | 20,383,741 |
Xtrackers USD High Yield Corporate Bond ETF | 57,746 | 2,837,061 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $63,210,454) | $64,681,679 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.3% | ||
U.S. Government - 8.3% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 9,244,200 | 5,678,575 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 8,941,400 | 5,631,994 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 9,000,600 | 5,633,304 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 8,905,400 | 5,639,477 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $19,736,756) | $22,583,350 | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 178,954 | 178,954 |
TOTAL SHORT-TERM INVESTMENTS (Cost $178,954) | $178,954 | |
Total investments (Cost $288,014,450) - 100.2% | $273,843,756 | |
Other assets and liabilities, net - (0.2%) | (419,581) | |
TOTAL NET ASSETS - 100.0% | $273,424,175 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 68.2% | ||
Equity - 68.2% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 38,376,788 | $418,306,994 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $431,585,494) | $418,306,994 | |
UNAFFILIATED INVESTMENT COMPANIES - 23.7% | ||
Exchange-traded funds - 23.7% | ||
Financial Select Sector SPDR Fund | 243,458 | 6,473,548 |
iShares JP Morgan USD Emerging Markets Bond ETF | 55,972 | 6,387,525 |
Vanguard FTSE Emerging Markets ETF | 244,421 | 9,903,939 |
Vanguard Health Care ETF | 36,563 | 6,409,128 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 17 |
Shares or Principal Amount | Value | |
Exchange-traded funds - (continued) | ||
Vanguard Information Technology ETF | 27,397 | $6,456,103 |
Vanguard Intermediate-Term Corporate Bond ETF | 139,547 | 13,139,746 |
Vanguard Mid-Cap ETF | 206,560 | 33,493,704 |
Vanguard S&P 500 ETF | 18,532 | 5,035,886 |
Vanguard Small-Cap ETF | 37,756 | 5,604,878 |
Vanguard Total Bond Market ETF | 527,769 | 45,789,238 |
Xtrackers USD High Yield Corporate Bond ETF | 129,361 | 6,355,505 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $139,941,513) | $145,049,200 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.3% | ||
U.S. Government - 8.3% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 20,753,600 | 12,748,629 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 20,072,400 | 12,643,170 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 20,205,500 | 12,646,238 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 19,988,500 | 12,658,016 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $44,308,829) | $50,696,053 | |
SHORT-TERM INVESTMENTS - 0.0% | ||
Short-term funds - 0.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 278,440 | 278,440 |
TOTAL SHORT-TERM INVESTMENTS (Cost $278,440) | $278,440 | |
Total investments (Cost $616,114,276) - 100.2% | $614,330,687 | |
Other assets and liabilities, net - (0.2%) | (1,192,567) | |
TOTAL NET ASSETS - 100.0% | $613,138,120 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 66.9% | ||
Equity - 66.9% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 46,358,012 | $505,302,327 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $509,481,025) | $505,302,327 | |
UNAFFILIATED INVESTMENT COMPANIES - 24.9% | ||
Exchange-traded funds - 24.9% | ||
Financial Select Sector SPDR Fund | 300,422 | 7,988,221 |
iShares Edge MSCI Min Vol USA ETF | 55,915 | 3,425,912 |
iShares Global Infrastructure ETF | 7,304 | 322,399 |
iShares JP Morgan USD Emerging Markets Bond ETF | 96,733 | 11,039,170 |
Vanguard Dividend Appreciation ETF | 20,012 | 2,299,579 |
Vanguard Energy ETF | 20,330 | 1,242,773 |
Vanguard FTSE Emerging Markets ETF | 252,305 | 10,223,399 |
Vanguard Global ex-U.S. Real Estate ETF | 6,165 | 333,773 |
Vanguard Health Care ETF (D) | 44,932 | 7,876,130 |
Shares or Principal Amount | Value | |
Exchange-traded funds - (continued) | ||
Vanguard Information Technology ETF | 33,870 | $7,981,466 |
Vanguard Intermediate-Term Corporate Bond ETF | 183,082 | 17,239,001 |
Vanguard Materials ETF | 5,659 | 645,635 |
Vanguard Mid-Cap ETF | 238,043 | 38,598,672 |
Vanguard Real Estate ETF | 11,022 | 962,551 |
Vanguard S&P 500 ETF | 1,579 | 429,077 |
Vanguard Small-Cap ETF | 41,364 | 6,140,486 |
Vanguard Total Bond Market ETF | 708,178 | 61,441,523 |
Xtrackers USD High Yield Corporate Bond ETF | 194,960 | 9,578,386 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $174,864,173) | $187,768,153 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.3% | ||
U.S. Government - 8.3% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 25,478,800 | 15,651,250 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 24,643,600 | 15,522,470 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 24,807,200 | 15,526,354 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 24,540,700 | 15,540,764 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $54,399,267) | $62,240,838 | |
SHORT-TERM INVESTMENTS - 0.8% | ||
Short-term funds - 0.8% | ||
John Hancock Collateral Trust, 1.6968% (C)(E) | 574,759 | 5,752,708 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 503,568 | 503,568 |
TOTAL SHORT-TERM INVESTMENTS (Cost $6,255,357) | $6,256,276 | |
Total investments (Cost $744,999,822) - 100.9% | $761,567,594 | |
Other assets and liabilities, net - (0.9%) | (6,934,186) | |
TOTAL NET ASSETS - 100.0% | $754,633,408 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 63.1% | ||
Equity - 63.1% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 53,301,705 | $580,988,587 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $576,205,816) | $580,988,587 | |
UNAFFILIATED INVESTMENT COMPANIES - 28.8% | ||
Exchange-traded funds - 28.8% | ||
Financial Select Sector SPDR Fund | 331,561 | 8,816,207 |
iShares Edge MSCI Min Vol USA ETF | 110,067 | 6,743,805 |
iShares Global Infrastructure ETF | 12,510 | 552,191 |
iShares JP Morgan USD Emerging Markets Bond ETF | 190,326 | 21,720,003 |
Vanguard Dividend Appreciation ETF | 39,269 | 4,512,401 |
Vanguard Energy ETF (D) | 34,632 | 2,117,054 |
18 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
Exchange-traded funds - (continued) | ||
Vanguard FTSE Emerging Markets ETF | 152,508 | $6,179,624 |
Vanguard Global ex-U.S. Real Estate ETF | 10,560 | 571,718 |
Vanguard Health Care ETF (D) | 50,132 | 8,787,638 |
Vanguard Information Technology ETF | 37,209 | 8,768,301 |
Vanguard Intermediate-Term Corporate Bond ETF | 233,174 | 21,955,664 |
Vanguard Materials ETF | 9,594 | 1,094,579 |
Vanguard Mid-Cap ETF | 234,799 | 38,072,658 |
Vanguard Real Estate ETF | 18,951 | 1,654,991 |
Vanguard S&P 500 ETF | 29,756 | 8,085,895 |
Vanguard Small-Cap ETF | 33,673 | 4,998,759 |
Vanguard Total Bond Market ETF | 1,178,120 | 102,213,691 |
Xtrackers USD High Yield Corporate Bond ETF | 382,510 | 18,792,716 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $247,419,728) | $265,637,895 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.2% | ||
U.S. Government - 8.2% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 31,111,900 | 19,111,580 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 30,091,700 | 18,954,110 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 30,291,500 | 18,958,873 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 29,967,600 | 18,977,430 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $66,420,911) | $76,001,993 | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
John Hancock Collateral Trust, 1.6968% (C)(E) | 73,876 | 739,422 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 1,012 | 1,012 |
TOTAL SHORT-TERM INVESTMENTS (Cost $739,939) | $740,434 | |
Total investments (Cost $890,786,394) - 100.2% | $923,368,909 | |
Other assets and liabilities, net - (0.2%) | (2,267,832) | |
TOTAL NET ASSETS - 100.0% | $921,101,077 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 55.7% | ||
Equity - 55.7% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 59,343,790 | $646,847,310 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $624,539,782) | $646,847,310 | |
UNAFFILIATED INVESTMENT COMPANIES - 36.3% | ||
Exchange-traded funds - 36.3% | ||
Financial Select Sector SPDR Fund | 380,570 | 10,119,356 |
iShares Edge MSCI Min Vol USA ETF | 189,760 | 11,626,595 |
iShares Global Infrastructure ETF | 20,162 | 889,951 |
Shares or Principal Amount | Value | |
Exchange-traded funds - (continued) | ||
iShares JP Morgan USD Emerging Markets Bond ETF | 328,794 | $37,521,971 |
Vanguard Dividend Appreciation ETF | 67,702 | 7,779,637 |
Vanguard Energy ETF | 55,705 | 3,405,247 |
Vanguard Global ex-U.S. Real Estate ETF | 16,984 | 919,514 |
Vanguard Health Care ETF (D) | 58,023 | 10,170,852 |
Vanguard Information Technology ETF | 42,962 | 10,123,995 |
Vanguard Intermediate-Term Corporate Bond ETF | 682,510 | 64,265,142 |
Vanguard Materials ETF | 15,329 | 1,748,886 |
Vanguard Mid-Cap ETF | 197,243 | 31,982,952 |
Vanguard Real Estate ETF | 30,356 | 2,650,989 |
Vanguard S&P 500 ETF | 56,134 | 15,253,853 |
Vanguard Small-Cap ETF | 32,652 | 4,847,189 |
Vanguard Total Bond Market ETF | 2,024,987 | 175,687,872 |
Xtrackers USD High Yield Corporate Bond ETF | 661,107 | 32,480,187 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $392,775,093) | $421,474,188 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.2% | ||
U.S. Government - 8.2% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 38,999,800 | 23,957,000 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 37,718,700 | 23,758,192 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 37,970,400 | 23,764,950 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 37,564,400 | 23,788,217 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $83,256,910) | $95,268,359 | |
SHORT-TERM INVESTMENTS - 0.7% | ||
Short-term funds - 0.7% | ||
John Hancock Collateral Trust, 1.6968% (C)(E) | 803,044 | 8,037,587 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 1,030 | 1,030 |
TOTAL SHORT-TERM INVESTMENTS (Cost $8,033,245) | $8,038,617 | |
Total investments (Cost $1,108,605,030) - 100.9% | $1,171,628,474 | |
Other assets and liabilities, net - (0.9%) | (9,899,096) | |
TOTAL NET ASSETS - 100.0% | $1,161,729,378 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 40.3% | ||
Equity - 40.3% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 49,031,904 | $534,447,758 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $495,711,120) | $534,447,758 | |
UNAFFILIATED INVESTMENT COMPANIES - 52.1% | ||
Exchange-traded funds - 52.1% | ||
Financial Select Sector SPDR Fund | 384,323 | 10,219,149 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 19 |
Shares or Principal Amount | Value | |
Exchange-traded funds - (continued) | ||
Invesco Senior Loan ETF (D) | 274,319 | $6,032,275 |
iShares Edge MSCI Min Vol USA ETF | 273,383 | 16,750,176 |
iShares Global Infrastructure ETF | 27,849 | 1,229,255 |
iShares JP Morgan USD Emerging Markets Bond ETF | 476,321 | 54,357,753 |
SPDR Portfolio Short Term Corporate Bond ETF | 110,884 | 3,446,275 |
Vanguard Dividend Appreciation ETF | 97,539 | 11,208,206 |
Vanguard Energy ETF | 76,879 | 4,699,613 |
Vanguard FTSE Developed Markets ETF | 230,821 | 9,110,505 |
Vanguard Global ex-U.S. Real Estate ETF | 23,468 | 1,270,558 |
Vanguard Health Care ETF (D) | 59,416 | 10,415,031 |
Vanguard Information Technology ETF | 44,200 | 10,415,730 |
Vanguard Intermediate-Term Corporate Bond ETF | 1,183,102 | 111,400,884 |
Vanguard Materials ETF | 21,335 | 2,434,110 |
Vanguard Mid-Cap ETF | 125,178 | 20,297,613 |
Vanguard Real Estate ETF | 41,979 | 3,666,026 |
Vanguard S&P 500 ETF | 92,575 | 25,156,331 |
Vanguard Short-Term Corporate Bond ETF | 42,053 | 3,452,972 |
Vanguard Small-Cap ETF | 24,173 | 3,588,480 |
Vanguard Total Bond Market ETF | 3,871,986 | 335,933,505 |
Xtrackers USD High Yield Corporate Bond ETF | 955,950 | 46,965,824 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $652,429,926) | $692,050,271 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.0% | ||
U.S. Government - 8.0% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 3,094,946 | 3,131,424 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 2,387,077 | 2,446,035 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 1,366,530 | 1,385,759 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 40,836,700 | 25,085,380 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 39,495,300 | 24,877,234 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 39,758,500 | 24,884,088 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 39,333,200 | 24,908,336 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $94,086,281) | $106,718,256 | |
SHORT-TERM INVESTMENTS - 0.8% | ||
Short-term funds - 0.8% | ||
John Hancock Collateral Trust, 1.6968% (C)(E) | 1,068,782 | 10,697,329 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 1,036 | 1,036 |
TOTAL SHORT-TERM INVESTMENTS (Cost $10,694,793) | $10,698,365 | |
Total investments (Cost $1,252,922,120) - 101.2% | $1,343,914,650 | |
Other assets and liabilities, net - (1.2%) | (15,726,358) | |
TOTAL NET ASSETS - 100.0% | $1,328,188,292 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 25.1% | ||
Equity - 25.1% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 27,610,783 | $300,957,540 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $273,447,885) | $300,957,540 | |
UNAFFILIATED INVESTMENT COMPANIES - 64.7% | ||
Exchange-traded funds - 64.7% | ||
Invesco Senior Loan ETF | 1,262,105 | 27,753,689 |
iShares Edge MSCI Min Vol USA ETF | 294,336 | 18,033,967 |
iShares Global Infrastructure ETF | 29,280 | 1,292,419 |
iShares JP Morgan USD Emerging Markets Bond ETF | 516,395 | 58,930,997 |
SPDR Portfolio Short Term Corporate Bond ETF | 1,454,081 | 45,192,837 |
Vanguard Dividend Appreciation ETF | 105,192 | 12,087,613 |
Vanguard Energy ETF | 80,457 | 4,918,336 |
Vanguard Global ex-U.S. Real Estate ETF | 24,638 | 1,333,901 |
Vanguard Intermediate-Term Corporate Bond ETF | 1,657,768 | 156,095,435 |
Vanguard Materials ETF | 22,548 | 2,572,501 |
Vanguard Mid-Cap ETF | 20,343 | 3,298,617 |
Vanguard Real Estate ETF | 43,998 | 3,842,345 |
Vanguard S&P 500 ETF | 88,448 | 24,034,860 |
Vanguard Short-Term Corporate Bond ETF | 551,463 | 45,280,627 |
Vanguard Small-Cap ETF | 9,985 | 1,482,275 |
Vanguard Total Bond Market ETF | 3,672,527 | 318,628,443 |
Xtrackers USD High Yield Corporate Bond ETF | 1,035,962 | 50,896,813 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $736,634,908) | $775,675,675 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 10.5% | ||
U.S. Government - 10.5% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 34,244,138 | 34,647,744 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 26,410,987 | 27,063,308 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 15,124,411 | 15,337,237 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 19,691,500 | 12,096,197 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 19,044,200 | 11,995,529 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 19,171,900 | 11,999,327 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 18,965,500 | 12,010,186 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $118,391,966) | $125,149,528 | |
SHORT-TERM INVESTMENTS - 0.0% | ||
Short-term funds - 0.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 1,052 | 1,052 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,052) | $1,052 | |
Total investments (Cost $1,128,475,811) - 100.3% | $1,201,783,795 | |
Other assets and liabilities, net - (0.3%) | (3,051,996) | |
TOTAL NET ASSETS - 100.0% | $1,198,731,799 |
20 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 5.6% | ||
Equity - 5.6% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 2,955,684 | $32,216,960 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $28,723,970) | $32,216,960 | |
UNAFFILIATED INVESTMENT COMPANIES - 82.0% | ||
Exchange-traded funds - 82.0% | ||
Invesco Senior Loan ETF (D) | 1,153,845 | 25,373,052 |
iShares Edge MSCI Min Vol USA ETF | 165,128 | 10,117,393 |
iShares Global Infrastructure ETF | 16,213 | 715,642 |
iShares JP Morgan USD Emerging Markets Bond ETF | 286,516 | 32,697,206 |
SPDR Portfolio Short Term Corporate Bond ETF | 1,333,372 | 41,441,202 |
Vanguard Dividend Appreciation ETF (D) | 59,662 | 6,855,760 |
Vanguard Energy ETF | 44,190 | 2,701,335 |
Vanguard Global ex-U.S. Real Estate ETF | 13,482 | 729,915 |
Vanguard Intermediate-Term Corporate Bond ETF | 1,251,769 | 117,866,569 |
Vanguard Materials ETF | 12,551 | 1,431,944 |
Vanguard Real Estate ETF | 24,141 | 2,108,233 |
Vanguard S&P 500 ETF | 48,534 | 13,188,629 |
Vanguard Short-Term Corporate Bond ETF | 505,943 | 41,542,980 |
Vanguard Total Bond Market ETF | 1,716,411 | 148,915,818 |
Xtrackers USD High Yield Corporate Bond ETF | 576,149 | 28,306,200 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $455,688,500) | $473,991,878 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 12.3% | ||
U.S. Government - 12.3% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 31,656,871 | 32,029,983 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 24,415,479 | 25,018,513 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 13,981,018 | 14,177,755 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $70,586,309) | $71,226,251 | |
SHORT-TERM INVESTMENTS - 5.9% | ||
Short-term funds - 5.9% | ||
John Hancock Collateral Trust, 1.6968% (C)(E) | 3,262,395 | 32,652,986 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 1,620,907 | 1,620,907 |
TOTAL SHORT-TERM INVESTMENTS (Cost $34,272,177) | $34,273,893 | |
Total investments (Cost $589,270,956) - 105.8% | $611,708,982 | |
Other assets and liabilities, net - (5.8%) | (33,457,434) | |
TOTAL NET ASSETS - 100.0% | $578,251,548 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 5.6% | ||
Equity - 5.6% | ||
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 1,644,214 | $17,921,937 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $16,709,202) | $17,921,937 | |
UNAFFILIATED INVESTMENT COMPANIES - 81.8% | ||
Exchange-traded funds - 81.8% | ||
Invesco Senior Loan ETF (D) | 646,927 | 14,225,925 |
iShares Edge MSCI Min Vol USA ETF | 106,381 | 6,517,964 |
iShares Global Infrastructure ETF | 8,945 | 394,832 |
iShares JP Morgan USD Emerging Markets Bond ETF | 160,458 | 18,311,467 |
SPDR Portfolio Short Term Corporate Bond ETF | 747,168 | 23,221,981 |
Vanguard Dividend Appreciation ETF (D) | 24,919 | 2,863,442 |
Vanguard Energy ETF (D) | 24,830 | 1,517,858 |
Vanguard Global ex-U.S. Real Estate ETF (D) | 7,523 | 407,295 |
Vanguard Intermediate-Term Corporate Bond ETF (D) | 699,993 | 65,911,341 |
Vanguard Materials ETF | 6,913 | 788,704 |
Vanguard Real Estate ETF | 13,457 | 1,175,199 |
Vanguard S&P 500 ETF | 26,706 | 7,257,088 |
Vanguard Short-Term Corporate Bond ETF | 283,320 | 23,263,405 |
Vanguard Total Bond Market ETF | 959,587 | 83,253,768 |
Xtrackers USD High Yield Corporate Bond ETF | 322,698 | 15,854,153 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $254,448,890) | $264,964,422 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 12.4% | ||
U.S. Government - 12.4% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 17,785,335 | 17,994,956 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 13,717,791 | 14,056,604 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 7,855,066 | 7,965,600 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $39,657,453) | $40,017,160 | |
SHORT-TERM INVESTMENTS - 7.5% | ||
Short-term funds - 7.5% | ||
John Hancock Collateral Trust, 1.6968% (C)(E) | 2,391,880 | 23,940,091 |
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (C) | 502,636 | 502,636 |
TOTAL SHORT-TERM INVESTMENTS (Cost $24,441,734) | $24,442,727 | |
Total investments (Cost $335,257,279) - 107.3% | $347,346,246 | |
Other assets and liabilities, net - (7.3%) | (23,494,870) | |
TOTAL NET ASSETS - 100.0% | $323,851,376 |
JHF II | John Hancock Funds II |
MIM US | Manulife Investment Management (US) LLC |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 21 |
PO | Principal-Only Security - (Principal Tranche of Stripped Security). Rate shown is the annualized yield on date of purchase. |
STRIPS | Separate Trading of Registered Interest and Principal Securities |
(A) | The underlying funds' subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | The rate shown is the annualized seven-day yield as of 2-29-20. |
(D) | All or a portion of this security is on loan as of 2-29-20. |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
22 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial statements |
Multi-Index 2060 Preservation Portfolio | Multi-Index 2055 Preservation Portfolio | Multi-Index 2050 Preservation Portfolio | Multi-Index 2045 Preservation Portfolio | |
Assets | ||||
Unaffiliated investments, at value | $35,700,396 | $87,443,983 | $196,023,693 | $250,512,559 |
Affiliated investments, at value | 76,492,089 | 186,399,773 | 418,306,994 | 511,055,035 |
Total investments, at value | 112,192,485 | 273,843,756 | 614,330,687 | 761,567,594 |
Cash | — | — | 11,013 | — |
Interest receivable | 644 | 1,033 | 2,256 | 2,879 |
Receivable for fund shares sold | 750,606 | 321,115 | 97,714 | 269,828 |
Receivable for investments sold | 423,708 | 1,073,466 | 2,392,530 | 2,798,256 |
Receivable for securities lending income | — | — | 1,471 | 1,674 |
Receivable from affiliates | 2,618 | 4,777 | 9,814 | 12,270 |
Other assets | 49,891 | 49,633 | 32,669 | 32,544 |
Total assets | 113,419,952 | 275,293,780 | 616,878,154 | 764,685,045 |
Liabilities | ||||
Payable for investments purchased | 1,076,767 | 1,829,703 | 3,580,899 | 4,177,485 |
Payable for fund shares repurchased | 205,115 | — | 102,067 | 61,076 |
Payable upon return of securities loaned | — | — | — | 5,751,666 |
Payable to affiliates | ||||
Accounting and legal services fees | 3,010 | 7,431 | 16,579 | 20,306 |
Transfer agent fees | 67 | 24 | 903 | 834 |
Distribution and service fees | 54 | 84 | 751 | 418 |
Trustees' fees | 26 | 364 | 989 | 1,317 |
Other liabilities and accrued expenses | 33,993 | 31,999 | 37,846 | 38,535 |
Total liabilities | 1,319,032 | 1,869,605 | 3,740,034 | 10,051,637 |
Net assets | $112,100,920 | $273,424,175 | $613,138,120 | $754,633,408 |
Net assets consist of | ||||
Paid-in capital | $117,702,324 | $285,534,374 | $607,301,397 | $728,307,508 |
Total distributable earnings (loss) | (5,601,404) | (12,110,199) | 5,836,723 | 26,325,900 |
Net assets | $112,100,920 | $273,424,175 | $613,138,120 | $754,633,408 |
Unaffiliated investments, at cost | $34,593,307 | $83,126,164 | $184,528,782 | $229,767,008 |
Affiliated investments, at cost | 83,607,681 | 204,888,286 | 431,585,494 | 515,232,814 |
Total investments, at cost | 118,200,988 | 288,014,450 | 616,114,276 | 744,999,822 |
Securities loaned, at value | — | — | — | $5,638,776 |
Net asset value per share | ||||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||
Class R1 | ||||
Net assets | $107,177 | $40,649 | $493,149 | $410,652 |
Shares outstanding | 9,603 | 4,033 | 43,789 | 32,406 |
Net asset value, offering price and redemption price per share | $11.16 | $10.08 | $11.26 | $12.67 |
Class R2 | ||||
Net assets | $178,426 | $202,011 | $786,138 | $557,661 |
Shares outstanding | 15,980 | 20,027 | 69,869 | 44,023 |
Net asset value, offering price and redemption price per share | $11.17 | $10.09 | $11.25 | $12.67 |
Class R4 | ||||
Net assets | $119,285 | $43,292 | $1,176,584 | $47,431 |
Shares outstanding | 10,678 | 4,288 | 104,339 | 3,731 |
Net asset value, offering price and redemption price per share | $11.17 | $10.10 | $11.28 | $12.71 |
Class R6 | ||||
Net assets | $5,885,356 | $2,078,626 | $82,918,174 | $77,369,823 |
Shares outstanding | 526,679 | 205,972 | 7,391,285 | 6,120,926 |
Net asset value, offering price and redemption price per share | $11.17 | $10.09 | $11.22 | $12.64 |
Class 1 | ||||
Net assets | $105,810,676 | $271,059,597 | $527,764,075 | $676,247,841 |
Shares outstanding | 9,472,183 | 26,870,673 | 47,028,924 | 53,503,017 |
Net asset value, offering price and redemption price per share | $11.17 | $10.09 | $11.22 | $12.64 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 23 |
Multi-Index 2040 Preservation Portfolio | Multi-Index 2035 Preservation Portfolio | Multi-Index 2030 Preservation Portfolio | Multi-Index 2025 Preservation Portfolio | |
Assets | ||||
Unaffiliated investments, at value | $341,640,900 | $516,743,577 | $798,769,563 | $900,826,255 |
Affiliated investments, at value | 581,728,009 | 654,884,897 | 545,145,087 | 300,957,540 |
Total investments, at value | 923,368,909 | 1,171,628,474 | 1,343,914,650 | 1,201,783,795 |
Interest receivable | 3,393 | 4,168 | 6,668 | 25,593 |
Receivable for fund shares sold | 181,019 | 498,706 | 86,090 | 151,214 |
Receivable for investments sold | 3,840,555 | 6,204,388 | 9,406,112 | 6,582,073 |
Receivable for securities lending income | 611 | 2,363 | 2,591 | — |
Receivable from affiliates | 15,078 | 18,543 | 21,111 | 18,620 |
Other assets | 34,830 | 35,393 | 36,631 | 35,407 |
Total assets | 927,444,395 | 1,178,392,035 | 1,353,473,853 | 1,208,596,702 |
Liabilities | ||||
Due to custodian | 54,018 | 1,616,394 | 4,037,941 | 1,725,195 |
Payable for investments purchased | 5,056,073 | 6,901,291 | 7,885,841 | 6,302,649 |
Payable for fund shares repurchased | 438,836 | 57,069 | 2,610,893 | 1,761,461 |
Payable upon return of securities loaned | 727,601 | 8,012,541 | 10,670,784 | — |
Payable to affiliates | ||||
Accounting and legal services fees | 24,707 | 30,986 | 34,843 | 30,956 |
Transfer agent fees | 958 | 1,054 | 1,143 | 848 |
Distribution and service fees | 285 | 946 | 822 | 734 |
Trustees' fees | 1,662 | 2,127 | 2,460 | 2,327 |
Other liabilities and accrued expenses | 39,178 | 40,249 | 40,834 | 40,733 |
Total liabilities | 6,343,318 | 16,662,657 | 25,285,561 | 9,864,903 |
Net assets | $921,101,077 | $1,161,729,378 | $1,328,188,292 | $1,198,731,799 |
Net assets consist of | ||||
Paid-in capital | $875,951,759 | $1,086,400,193 | $1,221,742,278 | $1,102,755,158 |
Total distributable earnings (loss) | 45,149,318 | 75,329,185 | 106,446,014 | 95,976,641 |
Net assets | $921,101,077 | $1,161,729,378 | $1,328,188,292 | $1,198,731,799 |
Unaffiliated investments, at cost | $313,841,651 | $476,033,033 | $746,517,243 | $855,027,926 |
Affiliated investments, at cost | 576,944,743 | 632,571,997 | 506,404,877 | 273,447,885 |
Total investments, at cost | 890,786,394 | 1,108,605,030 | 1,252,922,120 | 1,128,475,811 |
Securities loaned, at value | $713,318 | $7,855,276 | $10,457,502 | — |
Net asset value per share | ||||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||
Class R1 | ||||
Net assets | $279,628 | $653,886 | $565,706 | $338,303 |
Shares outstanding | 22,183 | 51,810 | 45,060 | 27,914 |
Net asset value, offering price and redemption price per share | $12.61 | $12.62 | $12.55 | $12.12 |
Class R2 | ||||
Net assets | $359,285 | $1,246,848 | $673,296 | $1,573,109 |
Shares outstanding | 28,524 | 99,120 | 53,782 | 129,844 |
Net asset value, offering price and redemption price per share | $12.60 | $12.58 | $12.52 | $12.12 |
Class R4 | ||||
Net assets | $182,494 | $66,661 | $1,689,241 | $78,611 |
Shares outstanding | 14,424 | 5,276 | 134,172 | 6,476 |
Net asset value, offering price and redemption price per share | $12.65 | $12.641 | $12.59 | $12.14 |
Class R6 | ||||
Net assets | $89,636,250 | $98,867,834 | $107,958,075 | $81,233,097 |
Shares outstanding | 7,144,539 | 7,871,765 | 8,637,762 | 6,725,469 |
Net asset value, offering price and redemption price per share | $12.55 | $12.56 | $12.50 | $12.08 |
Class 1 | ||||
Net assets | $830,643,420 | $1,060,894,149 | $1,217,301,974 | $1,115,508,679 |
Shares outstanding | 66,094,383 | 84,538,205 | 97,352,627 | 92,342,225 |
Net asset value, offering price and redemption price per share | $12.57 | $12.55 | $12.50 | $12.08 |
1 | Net asset value, offering price and redemption price per share of $12.64 is calculated using Net assets of $66,661 and Shares outstanding of 5,275.69. |
24 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multi-Index 2020 Preservation Portfolio | Multi-Index Income Preservation Portfolio | |
Assets | ||
Unaffiliated investments, at value | $546,839,036 | $305,484,218 |
Affiliated investments, at value | 64,869,946 | 41,862,028 |
Total investments, at value | 611,708,982 | 347,346,246 |
Interest receivable | 21,240 | 11,828 |
Receivable for fund shares sold | 162,386 | 598,916 |
Receivable for investments sold | 1,380,705 | 934,478 |
Receivable for securities lending income | 728 | 320 |
Receivable from affiliates | 10,497 | 5,706 |
Other assets | 31,539 | 29,230 |
Total assets | 613,316,077 | 348,926,724 |
Liabilities | ||
Payable for investments purchased | 1,800,875 | 1,084,554 |
Payable for fund shares repurchased | 557,277 | 5,785 |
Payable upon return of securities loaned | 32,651,240 | 23,939,275 |
Payable to affiliates | ||
Accounting and legal services fees | 14,626 | 8,183 |
Transfer agent fees | 450 | 256 |
Distribution and service fees | 603 | 367 |
Trustees' fees | 1,241 | 679 |
Other liabilities and accrued expenses | 38,217 | 36,249 |
Total liabilities | 35,064,529 | 25,075,348 |
Net assets | $578,251,548 | $323,851,376 |
Net assets consist of | ||
Paid-in capital | $546,379,060 | $308,739,235 |
Total distributable earnings (loss) | 31,872,488 | 15,112,141 |
Net assets | $578,251,548 | $323,851,376 |
Unaffiliated investments, at cost | $527,895,716 | $294,608,979 |
Affiliated investments, at cost | 61,375,240 | 40,648,300 |
Total investments, at cost | 589,270,956 | 335,257,279 |
Securities loaned, at value | $31,754,504 | $23,307,281 |
Net asset value per share | ||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||
Class R1 | ||
Net assets | $211,633 | $178,077 |
Shares outstanding | 18,527 | 15,850 |
Net asset value, offering price and redemption price per share | $11.42 | $11.24 |
Class R2 | ||
Net assets | $1,209,154 | $631,601 |
Shares outstanding | 105,907 | 56,300 |
Net asset value, offering price and redemption price per share | $11.42 | $11.22 |
Class R4 | ||
Net assets | $135,263 | $658,096 |
Shares outstanding | 11,845 | 58,729 |
Net asset value, offering price and redemption price per share | $11.42 | $11.21 |
Class R6 | ||
Net assets | $43,114,349 | $23,804,002 |
Shares outstanding | 3,789,664 | 2,129,007 |
Net asset value, offering price and redemption price per share | $11.38 | $11.18 |
Class 1 | ||
Net assets | $533,581,149 | $298,579,600 |
Shares outstanding | 46,936,637 | 26,683,360 |
Net asset value, offering price and redemption price per share | $11.37 | $11.19 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 25 |
Multi-Index 2060 Preservation Portfolio | Multi-Index 2055 Preservation Portfolio | Multi-Index 2050 Preservation Portfolio | Multi-Index 2045 Preservation Portfolio | |
Investment income | ||||
Income distributions received from affiliated investments | $1,643,536 | $4,319,952 | $9,622,532 | $11,681,136 |
Dividends | 477,181 | 1,287,522 | 2,876,734 | 3,792,778 |
Interest | 25,992 | 65,468 | 147,169 | 173,205 |
Securities lending | 3,805 | 19,942 | 33,137 | 45,328 |
Other income received from advisor | 27,967 | 60,023 | 134,848 | 193,084 |
Total investment income | 2,178,481 | 5,752,907 | 12,814,420 | 15,885,531 |
Expenses | ||||
Investment management fees | 100,406 | 265,703 | 594,435 | 758,986 |
Distribution and service fees | 26,113 | 70,849 | 144,066 | 181,336 |
Accounting and legal services fees | 9,643 | 25,610 | 57,384 | 71,139 |
Transfer agent fees | 339 | 130 | 5,138 | 4,743 |
Trustees' fees | 895 | 2,515 | 5,611 | 7,045 |
Custodian fees | 24,083 | 24,083 | 24,083 | 24,083 |
State registration fees | 27,350 | 27,260 | 31,249 | 30,672 |
Printing and postage | 9,233 | 9,062 | 11,186 | 11,022 |
Professional fees | 24,050 | 22,930 | 29,076 | 30,621 |
Other | 5,906 | 6,983 | 9,423 | 10,597 |
Total expenses | 228,018 | 455,125 | 911,651 | 1,130,244 |
Less expense reductions | (201,939) | (384,280) | (767,857) | (948,867) |
Net expenses | 26,079 | 70,845 | 143,794 | 181,377 |
Net investment income | 2,152,402 | 5,682,062 | 12,670,626 | 15,704,154 |
Realized and unrealized gain (loss) | ||||
Net realized gain (loss) on | ||||
Unaffiliated investments | 1,391,343 | 6,270,198 | 16,707,159 | 19,344,962 |
Affiliated investments | (357,907) | (1,272,322) | (2,222,785) | (3,240,186) |
Capital gain distributions received from affiliated investments | 815,320 | 2,143,028 | 4,773,515 | 5,794,740 |
1,848,756 | 7,140,904 | 19,257,889 | 21,899,516 | |
Change in net unrealized appreciation (depreciation) of | ||||
Unaffiliated investments | (464,418) | (3,643,842) | (10,858,850) | (12,107,238) |
Affiliated investments | (1,963,057) | (2,608,991) | (6,478,807) | (6,729,358) |
(2,427,475) | (6,252,833) | (17,337,657) | (18,836,596) | |
Net realized and unrealized gain (loss) | (578,719) | 888,071 | 1,920,232 | 3,062,920 |
Increase in net assets from operations | $1,573,683 | $6,570,133 | $14,590,858 | $18,767,074 |
26 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multi-Index 2040 Preservation Portfolio | Multi-Index 2035 Preservation Portfolio | Multi-Index 2030 Preservation Portfolio | Multi-Index 2025 Preservation Portfolio | |
Investment income | ||||
Income distributions received from affiliated investments | $13,452,248 | $15,108,780 | $12,966,560 | $7,237,151 |
Dividends | 5,188,850 | 7,691,473 | 11,321,358 | 12,907,774 |
Interest | 211,255 | 322,506 | 353,968 | 250,742 |
Securities lending | 81,194 | 98,268 | 120,519 | 101,452 |
Other income received from advisor | 190,927 | 32,580 | — | — |
Total investment income | 19,124,474 | 23,253,607 | 24,762,405 | 20,497,119 |
Expenses | ||||
Investment management fees | 1,016,624 | 1,469,843 | 2,098,883 | 2,360,725 |
Distribution and service fees | 221,784 | 284,574 | 323,929 | 295,480 |
Accounting and legal services fees | 87,152 | 109,556 | 124,079 | 112,170 |
Transfer agent fees | 5,542 | 6,163 | 6,722 | 5,119 |
Trustees' fees | 8,667 | 10,860 | 12,369 | 11,229 |
Custodian fees | 24,083 | 24,083 | 24,083 | 24,083 |
State registration fees | 31,088 | 31,781 | 31,616 | 30,802 |
Printing and postage | 10,924 | 11,029 | 10,809 | 10,605 |
Professional fees | 32,289 | 34,616 | 36,249 | 35,448 |
Other | 11,984 | 13,133 | 15,856 | 17,713 |
Total expenses | 1,450,137 | 1,995,638 | 2,684,595 | 2,903,374 |
Less expense reductions | (1,228,372) | (1,710,963) | (1,939,382) | (1,757,125) |
Net expenses | 221,765 | 284,675 | 745,213 | 1,146,249 |
Net investment income | 18,902,709 | 22,968,932 | 24,017,192 | 19,350,870 |
Realized and unrealized gain (loss) | ||||
Net realized gain (loss) on | ||||
Unaffiliated investments | 22,821,178 | 24,167,123 | 23,843,957 | 23,316,739 |
Affiliated investments | (3,960,916) | (3,015,470) | 2,685,551 | 7,540,878 |
Capital gain distributions received from affiliated investments | 6,673,348 | 7,495,115 | 6,432,409 | 3,590,182 |
25,533,610 | 28,646,768 | 32,961,917 | 34,447,799 | |
Change in net unrealized appreciation (depreciation) of | ||||
Unaffiliated investments | (13,250,056) | (10,307,680) | (8,690,271) | (11,057,515) |
Affiliated investments | (7,052,096) | (8,455,810) | (8,994,802) | (10,515,055) |
(20,302,152) | (18,763,490) | (17,685,073) | (21,572,570) | |
Net realized and unrealized gain | 5,231,458 | 9,883,278 | 15,276,844 | 12,875,229 |
Increase in net assets from operations | $24,134,167 | $32,852,210 | $39,294,036 | $32,226,099 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 27 |
Multi-Index 2020 Preservation Portfolio | Multi-Index Income Preservation Portfolio | |
Investment income | ||
Income distributions received from affiliated investments | $1,348,449 | $324,008 |
Dividends | 7,685,392 | 4,408,592 |
Interest | 47,814 | 27,934 |
Securities lending | 54,781 | 25,777 |
Total investment income | 9,136,436 | 4,786,311 |
Expenses | ||
Investment management fees | 1,386,697 | 821,777 |
Distribution and service fees | 144,054 | 82,178 |
Accounting and legal services fees | 54,577 | 30,784 |
Transfer agent fees | 2,790 | 1,537 |
Trustees' fees | 5,613 | 3,210 |
Custodian fees | 24,083 | 24,083 |
State registration fees | 31,028 | 30,044 |
Printing and postage | 10,066 | 9,721 |
Professional fees | 29,808 | 27,107 |
Other | 14,831 | 12,019 |
Total expenses | 1,703,547 | 1,042,460 |
Less expense reductions | (953,600) | (551,388) |
Net expenses | 749,947 | 491,072 |
Net investment income | 8,386,489 | 4,295,239 |
Realized and unrealized gain (loss) | ||
Net realized gain (loss) on | ||
Unaffiliated investments | 9,908,722 | 8,519,658 |
Affiliated investments | 6,956,548 | 403,659 |
Capital gain distributions received from affiliated investments | 668,934 | 160,733 |
17,534,204 | 9,084,050 | |
Change in net unrealized appreciation (depreciation) of | ||
Unaffiliated investments | (8,788,280) | (7,275,468) |
Affiliated investments | (4,552,377) | (911,273) |
(13,340,657) | (8,186,741) | |
Net realized and unrealized gain | 4,193,547 | 897,309 |
Increase in net assets from operations | $12,580,036 | $5,192,548 |
28 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multi-Index 2060 Preservation Portfolio | Multi-Index 2055 Preservation Portfolio | Multi-Index 2050 Preservation Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $2,152,402 | $1,608,281 | $5,682,062 | $5,736,221 | $12,670,626 | $13,609,170 |
Net realized gain | 1,848,756 | 4,520,044 | 7,140,904 | 18,286,176 | 19,257,889 | 43,976,117 |
Change in net unrealized appreciation (depreciation) | (2,427,475) | (4,677,201) | (6,252,833) | (21,408,890) | (17,337,657) | (52,922,880) |
Increase in net assets resulting from operations | 1,573,683 | 1,451,124 | 6,570,133 | 2,613,507 | 14,590,858 | 4,662,407 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class R1 | (7,282) | (3,300) | (4,327) | (4,825) | (43,915) | (30,901) |
Class R2 | (12,677) | (9,240) | (18,763) | (12,938) | (74,748) | (117,143) |
Class R4 | (9,184) | (6,707) | (4,717) | (4,975) | (121,210) | (5,721) |
Class R6 | (394,138) | (99,454) | (173,850) | (40,594) | (8,007,679) | (4,194,100) |
Class 1 | (7,773,171) | (4,728,450) | (27,599,428) | (26,093,220) | (56,088,706) | (64,114,967) |
Total distributions | (8,196,452) | (4,847,151) | (27,801,085) | (26,156,552) | (64,336,258) | (68,462,832) |
Portfolio share transactions | ||||||
From portfolio share transactions | 25,194,815 | 37,682,343 | 27,130,503 | 39,662,470 | 58,152,726 | 59,317,349 |
Total increase (decrease) | 18,572,046 | 34,286,316 | 5,899,551 | 16,119,425 | 8,407,326 | (4,483,076) |
Net assets | ||||||
Beginning of period | 93,528,874 | 59,242,558 | 267,524,624 | 251,405,199 | 604,730,794 | 609,213,870 |
End of period | $112,100,920 | $93,528,874 | $273,424,175 | $267,524,624 | $613,138,120 | $604,730,794 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 29 |
Multi-Index 2045 Preservation Portfolio | Multi-Index 2040 Preservation Portfolio | Multi-Index 2035 Preservation Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $15,704,154 | $17,832,487 | $18,902,709 | $22,185,721 | $22,968,932 | $28,907,327 |
Net realized gain | 21,899,516 | 56,220,738 | 25,533,610 | 66,866,854 | 28,646,768 | 74,106,002 |
Change in net unrealized appreciation (depreciation) | (18,836,596) | (67,728,965) | (20,302,152) | (77,657,317) | (18,763,490) | (79,147,229) |
Increase in net assets resulting from operations | 18,767,074 | 6,324,260 | 24,134,167 | 11,395,258 | 32,852,210 | 23,866,100 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class R1 | (39,313) | (53,034) | (26,327) | (28,767) | (57,096) | (140,921) |
Class R2 | (53,859) | (84,340) | (33,924) | (67,035) | (109,633) | (165,236) |
Class R4 | (5,251) | (5,387) | (17,841) | (5,793) | (6,155) | (5,195) |
Class R6 | (7,509,848) | (4,338,812) | (8,512,645) | (5,122,069) | (8,661,162) | (5,823,282) |
Class 1 | (71,885,959) | (83,001,677) | (86,000,544) | (104,487,193) | (101,080,336) | (126,172,725) |
Total distributions | (79,494,230) | (87,483,250) | (94,591,281) | (109,710,857) | (109,914,382) | (132,307,359) |
Portfolio share transactions | ||||||
From portfolio share transactions | 54,500,464 | 48,602,041 | 56,089,010 | 50,069,603 | 51,495,879 | 46,084,240 |
Total decrease | (6,226,692) | (32,556,949) | (14,368,104) | (48,245,996) | (25,566,293) | (62,357,019) |
Net assets | ||||||
Beginning of period | 760,860,100 | 793,417,049 | 935,469,181 | 983,715,177 | 1,187,295,671 | 1,249,652,690 |
End of period | $754,633,408 | $760,860,100 | $921,101,077 | $935,469,181 | $1,161,729,378 | $1,187,295,671 |
30 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multi-Index 2030 Preservation Portfolio | Multi-Index 2025 Preservation Portfolio | Multi-Index 2020 Preservation Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $24,017,192 | $34,234,186 | $19,350,870 | $33,355,388 | $8,386,489 | $18,178,492 |
Net realized gain | 32,961,917 | 64,396,893 | 34,447,799 | 47,553,129 | 17,534,204 | 10,607,548 |
Change in net unrealized appreciation (depreciation) | (17,685,073) | (51,320,361) | (21,572,570) | (14,670,929) | (13,340,657) | 17,039,183 |
Increase in net assets resulting from operations | 39,294,036 | 47,310,718 | 32,226,099 | 66,237,588 | 12,580,036 | 45,825,223 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class R1 | (57,451) | (127,860) | (21,889) | (27,406) | (8,736) | (10,037) |
Class R2 | (49,243) | (111,033) | (99,769) | (122,395) | (52,934) | (70,881) |
Class R4 | (128,526) | (4,731) | (4,679) | (5,068) | (6,458) | (2,941) |
Class R6 | (8,067,775) | (4,906,584) | (5,378,612) | (3,551,857) | (2,084,851) | (1,623,624) |
Class 1 | (98,923,584) | (132,543,363) | (79,097,274) | (106,252,510) | (27,127,950) | (41,826,866) |
Total distributions | (107,226,579) | (137,693,571) | (84,602,223) | (109,959,236) | (29,280,929) | (43,534,349) |
Portfolio share transactions | ||||||
From portfolio share transactions | 30,642,268 | 33,549,758 | (7,881,286) | (47,453,126) | (39,203,931) | (89,146,185) |
Total decrease | (37,290,275) | (56,833,095) | (60,257,410) | (91,174,774) | (55,904,824) | (86,855,311) |
Net assets | ||||||
Beginning of period | 1,365,478,567 | 1,422,311,662 | 1,258,989,209 | 1,350,163,983 | 634,156,372 | 721,011,683 |
End of period | $1,328,188,292 | $1,365,478,567 | $1,198,731,799 | $1,258,989,209 | $578,251,548 | $634,156,372 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 31 |
Multi-Index Income Preservation Portfolio | ||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $4,295,239 | $9,703,192 |
Net realized gain | 9,084,050 | 3,332,104 |
Change in net unrealized appreciation (depreciation) | (8,186,741) | 11,736,721 |
Increase in net assets resulting from operations | 5,192,548 | 24,772,017 |
Distributions to shareholders | ||
From earnings | ||
Class R1 | (6,013) | (4,897) |
Class R2 | (22,708) | (18,208) |
Class R4 | (23,560) | (1,751) |
Class R6 | (885,176) | (402,849) |
Class 1 | (11,757,001) | (13,175,471) |
Total distributions | (12,694,458) | (13,603,176) |
Portfolio share transactions | ||
From portfolio share transactions | (28,663,472) | (55,822,345) |
Total decrease | (36,165,382) | (44,653,504) |
Net assets | ||
Beginning of period | 360,016,758 | 404,670,262 |
End of period | $323,851,376 | $360,016,758 |
32 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 11.73 | 0.226 | 0.097 | 0.31 | (0.24) | (0.64) | (0.88) | 11.16 | 2.048 | 0.929 | 0.549 | 3.716, 9 | —10 | 21 | ||||||
08-31-2019 | 12.62 | 0.216 | (0.28) | (0.07) | (0.19) | (0.63) | (0.82) | 11.73 | 0.43 | 0.93 | 0.52 | 1.846 | —10 | 11 | ||||||
08-31-2018 | 11.88 | 0.176 | 0.99 | 1.16 | (0.18) | (0.24) | (0.42) | 12.62 | 9.87 | 1.13 | 0.51 | 1.366 | —10 | 10 | ||||||
08-31-2017 | 10.56 | 0.196 | 1.26 | 1.45 | (0.13) | — | (0.13) | 11.88 | 13.89 | 2.17 | 0.51 | 1.686 | —10 | 14 | ||||||
08-31-201611 | 10.00 | 0.01 | 0.55 | 0.56 | — | — | — | 10.56 | 5.608 | 22.829 | 0.569 | 0.279 | —10 | —12 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 11.74 | 0.226 | 0.107 | 0.32 | (0.25) | (0.64) | (0.89) | 11.17 | 2.218 | 0.829 | 0.449 | 3.646, 9 | —10 | 21 | ||||||
08-31-2019 | 12.64 | 0.236 | (0.28) | (0.05) | (0.22) | (0.63) | (0.85) | 11.74 | 0.53 | 0.83 | 0.42 | 2.016 | —10 | 11 | ||||||
08-31-2018 | 11.90 | 0.206 | 0.99 | 1.19 | (0.21) | (0.24) | (0.45) | 12.64 | 10.11 | 0.88 | 0.27 | 1.586 | —10 | 10 | ||||||
08-31-2017 | 10.58 | 0.216 | 1.26 | 1.47 | (0.15) | — | (0.15) | 11.90 | 14.07 | 1.92 | 0.26 | 1.936 | —10 | 14 | ||||||
08-31-201611 | 10.00 | 0.02 | 0.56 | 0.58 | — | — | — | 10.58 | 5.808 | 22.579 | 0.319 | 0.529 | —10 | —12 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.76 | 0.246 | 0.097 | 0.33 | (0.28) | (0.64) | (0.92) | 11.17 | 2.308 | 0.649 | 0.169 | 4.046, 9 | —10 | 21 | ||||||
08-31-2019 | 12.66 | 0.266 | (0.29) | (0.03) | (0.24) | (0.63) | (0.87) | 11.76 | 0.75 | 0.68 | 0.16 | 2.196 | —10 | 11 | ||||||
08-31-2018 | 11.90 | 0.226 | 1.00 | 1.22 | (0.22) | (0.24) | (0.46) | 12.66 | 10.29 | 0.88 | 0.16 | 1.766 | —10 | 10 | ||||||
08-31-2017 | 10.58 | 0.236 | 1.25 | 1.48 | (0.16) | — | (0.16) | 11.90 | 14.16 | 1.92 | 0.16 | 2.046 | —10 | 14 | ||||||
08-31-201611 | 10.00 | 0.03 | 0.55 | 0.58 | — | — | — | 10.58 | 5.808 | 22.579 | 0.219 | 0.629 | —10 | —12 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.78 | 0.256 | 0.087 | 0.33 | (0.30) | (0.64) | (0.94) | 11.17 | 2.288 | 0.399 | —9 | 4.176, 9 | 6 | 21 | ||||||
08-31-2019 | 12.67 | 0.246 | (0.24) | —13 | (0.26) | (0.63) | (0.89) | 11.78 | 0.94 | 0.43 | — | 2.056 | 3 | 11 | ||||||
08-31-2018 | 11.92 | 0.166 | 1.07 | 1.23 | (0.24) | (0.24) | (0.48) | 12.67 | 10.46 | 0.63 | — | 1.386 | 1 | 10 | ||||||
08-31-2017 | 10.59 | 0.246 | 1.26 | 1.50 | (0.17) | — | (0.17) | 11.92 | 14.38 | 1.67 | — | 2.176 | —10 | 14 | ||||||
08-31-201611 | 10.00 | 0.03 | 0.56 | 0.59 | — | — | — | 10.59 | 5.908 | 22.329 | 0.059 | 0.799 | —10 | —12 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.77 | 0.246 | 0.097 | 0.33 | (0.29) | (0.64) | (0.93) | 11.17 | 2.328 | 0.439 | 0.059 | 4.046, 9 | 106 | 21 | ||||||
08-31-2019 | 12.66 | 0.256 | (0.26) | (0.01) | (0.25) | (0.63) | (0.88) | 11.77 | 0.89 | 0.46 | 0.05 | 2.186 | 90 | 11 | ||||||
08-31-2018 | 11.91 | 0.246 | 0.98 | 1.22 | (0.23) | (0.24) | (0.47) | 12.66 | 10.41 | 0.67 | 0.05 | 1.996 | 58 | 10 | ||||||
08-31-2017 | 10.58 | 0.176 | 1.33 | 1.50 | (0.17) | — | (0.17) | 11.91 | 14.35 | 1.70 | 0.05 | 1.516 | 26 | 14 | ||||||
08-31-201611 | 10.00 | 0.01 | 0.57 | 0.58 | — | — | — | 10.58 | 5.808 | 22.369 | 0.109 | 0.359 | 3 | —12 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005, $0.01, $0.01 and less than $0.005 per share and 0.05%, 0.06%, 0.05% and 0.04% for the periods ended 2-29-20, 8-31-19, 8-31-18 and 8-31-17, respectively. |
7 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the portfolio. |
8 Not annualized. |
9 Annualized. |
10 Less than $500,000. |
11 Period from 3-30-16 (commencement of operations) to 8-31-16. |
12 Less than 1%. |
13 Less than $0.005 per share. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 33 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 10.85 | 0.206 | 0.10 | 0.30 | (0.24) | (0.83) | (1.07) | 10.08 | 2.167 | 0.798 | 0.528 | 3.666, 8 | —9 | 23 | ||||||
08-31-2019 | 12.16 | 0.226 | (0.33) | (0.11) | (0.21) | (0.99) | (1.20) | 10.85 | 0.39 | 0.78 | 0.51 | 1.966 | —9 | 13 | ||||||
08-31-2018 | 11.82 | 0.176 | 0.97 | 1.14 | (0.20) | (0.60) | (0.80) | 12.16 | 9.89 | 0.80 | 0.51 | 1.386 | —9 | 10 | ||||||
08-31-2017 | 10.71 | 0.196 | 1.25 | 1.44 | (0.17) | (0.16) | (0.33) | 11.82 | 13.85 | 0.80 | 0.51 | 1.686 | —9 | 11 | ||||||
08-31-2016 | 10.08 | 0.16 | 0.63 | 0.79 | (0.12) | (0.04) | (0.16) | 10.71 | 8.00 | 0.87 | 0.55 | 1.59 | —9 | 3 | ||||||
08-31-2015 | 10.62 | 0.14 | (0.56) | (0.42) | (0.10) | (0.02) | (0.12) | 10.08 | (4.04) | 7.62 | 0.77 | 1.32 | —9 | 13 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 10.86 | 0.206 | 0.11 | 0.31 | (0.25) | (0.83) | (1.08) | 10.09 | 2.207 | 0.738 | 0.468 | 3.646, 8 | —9 | 23 | ||||||
08-31-2019 | 12.18 | 0.206 | (0.31) | (0.11) | (0.22) | (0.99) | (1.21) | 10.86 | 0.47 | 0.70 | 0.43 | 1.806 | —9 | 13 | ||||||
08-31-2018 | 11.84 | 0.166 | 1.01 | 1.17 | (0.23) | (0.60) | (0.83) | 12.18 | 10.13 | 0.60 | 0.31 | 1.356 | —9 | 10 | ||||||
08-31-2017 | 10.73 | 0.216 | 1.26 | 1.47 | (0.20) | (0.16) | (0.36) | 11.84 | 14.11 | 0.55 | 0.27 | 1.936 | —9 | 11 | ||||||
08-31-2016 | 10.10 | 0.19 | 0.63 | 0.82 | (0.15) | (0.04) | (0.19) | 10.73 | 8.26 | 0.62 | 0.30 | 1.84 | —9 | 3 | ||||||
08-31-2015 | 10.64 | 0.17 | (0.57) | (0.40) | (0.12) | (0.02) | (0.14) | 10.10 | (3.85) | 7.39 | 0.52 | 1.57 | —9 | 13 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 10.88 | 0.236 | 0.10 | 0.33 | (0.28) | (0.83) | (1.11) | 10.10 | 2.417 | 0.548 | 0.168 | 4.076, 8 | —9 | 23 | ||||||
08-31-2019 | 12.20 | 0.256 | (0.33) | (0.08) | (0.25) | (0.99) | (1.24) | 10.88 | 0.72 | 0.53 | 0.16 | 2.316 | —9 | 13 | ||||||
08-31-2018 | 11.85 | 0.216 | 0.98 | 1.19 | (0.24) | (0.60) | (0.84) | 12.20 | 10.32 | 0.55 | 0.16 | 1.736 | —9 | 10 | ||||||
08-31-2017 | 10.74 | 0.236 | 1.25 | 1.48 | (0.21) | (0.16) | (0.37) | 11.85 | 14.21 | 0.55 | 0.17 | 2.036 | —9 | 11 | ||||||
08-31-2016 | 10.11 | 0.20 | 0.63 | 0.83 | (0.16) | (0.04) | (0.20) | 10.74 | 8.37 | 0.62 | 0.20 | 1.94 | —9 | 3 | ||||||
08-31-2015 | 10.65 | 0.18 | (0.56) | (0.38) | (0.14) | (0.02) | (0.16) | 10.11 | (3.67) | 7.38 | 0.37 | 1.72 | —9 | 13 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 10.89 | 0.236 | 0.10 | 0.33 | (0.30) | (0.83) | (1.13) | 10.09 | 2.377 | 0.288 | —8 | 4.136, 8 | 2 | 23 | ||||||
08-31-2019 | 12.21 | 0.196 | (0.25) | (0.06) | (0.27) | (0.99) | (1.26) | 10.89 | 0.92 | 0.28 | — | 1.796 | 1 | 13 | ||||||
08-31-2018 | 11.86 | 0.196 | 1.02 | 1.21 | (0.26) | (0.60) | (0.86) | 12.21 | 10.48 | 0.30 | — | 1.616 | —9 | 10 | ||||||
08-31-2017 | 10.75 | 0.246 | 1.26 | 1.50 | (0.23) | (0.16) | (0.39) | 11.86 | 14.38 | 0.30 | — | 2.116 | —9 | 11 | ||||||
08-31-2016 | 10.12 | 0.21 | 0.64 | 0.85 | (0.18) | (0.04) | (0.22) | 10.75 | 8.54 | 0.37 | 0.03 | 2.04 | —9 | 3 | ||||||
08-31-2015 | 10.66 | 0.20 | (0.56) | (0.36) | (0.16) | (0.02) | (0.18) | 10.12 | (3.48) | 7.75 | 0.18 | 1.91 | —9 | 13 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 10.88 | 0.226 | 0.11 | 0.33 | (0.29) | (0.83) | (1.12) | 10.09 | 2.417 | 0.328 | 0.058 | 4.026, 8 | 271 | 23 | ||||||
08-31-2019 | 12.21 | 0.256 | (0.33) | (0.08) | (0.26) | (0.99) | (1.25) | 10.88 | 0.78 | 0.32 | 0.05 | 2.296 | 266 | 13 | ||||||
08-31-2018 | 11.85 | 0.266 | 0.96 | 1.22 | (0.26) | (0.60) | (0.86) | 12.21 | 10.52 | 0.33 | 0.05 | 2.136 | 251 | 10 | ||||||
08-31-2017 | 10.74 | 0.236 | 1.26 | 1.49 | (0.22) | (0.16) | (0.38) | 11.85 | 14.34 | 0.34 | 0.05 | 2.076 | 210 | 11 | ||||||
08-31-2016 | 10.11 | 0.18 | 0.66 | 0.84 | (0.17) | (0.04) | (0.21) | 10.74 | 8.50 | 0.40 | 0.08 | 1.79 | 152 | 3 | ||||||
08-31-2015 | 10.65 | 0.14 | (0.51) | (0.37) | (0.15) | (0.02) | (0.17) | 10.11 | (3.52) | 0.69 | 0.23 | 1.32 | 62 | 13 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005, $0.01, $0.01 and less than $0.005 per share and 0.04%, 0.05%, 0.04% and 0.03% for the periods ended 2-29-20, 8-31-19, 8-31-18 and 8-31-17, respectively. |
7 Not annualized. |
8 Annualized. |
9 Less than $500,000. |
34 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 12.15 | 0.206 | 0.12 | 0.32 | (0.23) | (0.98) | (1.21) | 11.26 | 2.017 | 1.008 | 0.768 | 3.296, 8 | —9 | 23 | ||||||
08-31-2019 | 13.80 | 0.176 | (0.35) | (0.18) | (0.21) | (1.26) | (1.47) | 12.15 | 0.09 | 1.00 | 0.76 | 1.426 | —9 | 16 | ||||||
08-31-2018 | 13.55 | 0.196 | 1.09 | 1.28 | (0.22) | (0.81) | (1.03) | 13.80 | 9.80 | 0.96 | 0.72 | 1.416 | —9 | 13 | ||||||
08-31-2017 | 12.45 | 0.196 | 1.45 | 1.64 | (0.20) | (0.34) | (0.54) | 13.55 | 13.60 | 0.90 | 0.67 | 1.456 | —9 | 12 | ||||||
08-31-2016 | 11.87 | 0.17 | 0.75 | 0.92 | (0.16) | (0.18) | (0.34) | 12.45 | 7.90 | 0.86 | 0.66 | 1.43 | —9 | 6 | ||||||
08-31-2015 | 12.64 | 0.15 | (0.70) | (0.55) | (0.14) | (0.08) | (0.22) | 11.87 | (4.41) | 3.77 | 0.83 | 1.20 | —9 | 5 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 12.16 | 0.216 | 0.12 | 0.33 | (0.26) | (0.98) | (1.24) | 11.25 | 2.177 | 0.758 | 0.518 | 3.396, 8 | 1 | 23 | ||||||
08-31-2019 | 13.80 | 0.216 | (0.35) | (0.14) | (0.24) | (1.26) | (1.50) | 12.16 | 0.38 | 0.75 | 0.51 | 1.736 | 1 | 16 | ||||||
08-31-2018 | 13.56 | 0.176 | 1.14 | 1.31 | (0.26) | (0.81) | (1.07) | 13.80 | 9.91 | 0.74 | 0.50 | 1.296 | 1 | 13 | ||||||
08-31-2017 | 12.46 | 0.186 | 1.49 | 1.67 | (0.23) | (0.34) | (0.57) | 13.56 | 13.96 | 0.62 | 0.39 | 1.446 | 1 | 12 | ||||||
08-31-2016 | 11.87 | 0.20 | 0.76 | 0.96 | (0.19) | (0.18) | (0.37) | 12.46 | 8.24 | 0.61 | 0.41 | 1.73 | —9 | 6 | ||||||
08-31-2015 | 12.64 | 0.20 | (0.72) | (0.52) | (0.17) | (0.08) | (0.25) | 11.87 | (4.18) | 3.12 | 0.59 | 1.56 | —9 | 5 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 12.19 | 0.336 | 0.03 | 0.36 | (0.29) | (0.98) | (1.27) | 11.28 | 2.337 | 0.598 | 0.258 | 5.306, 8 | 1 | 23 | ||||||
08-31-2019 | 13.85 | 0.146 | (0.25) | (0.11) | (0.29) | (1.26) | (1.55) | 12.19 | 0.73 | 0.56 | 0.22 | 1.196 | —9 | 16 | ||||||
08-31-2018 | 13.59 | 0.236 | 1.13 | 1.36 | (0.29) | (0.81) | (1.10) | 13.85 | 10.29 | 0.50 | 0.16 | 1.686 | —9 | 13 | ||||||
08-31-2017 | 12.49 | 0.256 | 1.45 | 1.70 | (0.26) | (0.34) | (0.60) | 13.59 | 14.14 | 0.59 | 0.25 | 1.986 | —9 | 12 | ||||||
08-31-2016 | 11.91 | 0.23 | 0.74 | 0.97 | (0.21) | (0.18) | (0.39) | 12.49 | 8.31 | 0.51 | 0.20 | 1.97 | —9 | 6 | ||||||
08-31-2015 | 12.68 | 0.22 | (0.71) | (0.49) | (0.20) | (0.08) | (0.28) | 11.91 | (3.93) | 4.22 | 0.39 | 1.73 | —9 | 5 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 12.15 | 0.256 | 0.13 | 0.38 | (0.33) | (0.98) | (1.31) | 11.22 | 2.417 | 0.258 | —8 | 4.096, 8 | 83 | 23 | ||||||
08-31-2019 | 13.81 | 0.256 | (0.34) | (0.09) | (0.31) | (1.26) | (1.57) | 12.15 | 0.93 | 0.25 | — | 2.036 | 65 | 16 | ||||||
08-31-2018 | 13.55 | 0.266 | 1.12 | 1.38 | (0.31) | (0.81) | (1.12) | 13.81 | 10.49 | 0.25 | — | 1.936 | 30 | 13 | ||||||
08-31-2017 | 12.45 | 0.196 | 1.53 | 1.72 | (0.28) | (0.34) | (0.62) | 13.55 | 14.38 | 0.25 | — | 1.456 | 11 | 12 | ||||||
08-31-2016 | 11.87 | 0.18 | 0.81 | 0.99 | (0.23) | (0.18) | (0.41) | 12.45 | 8.54 | 0.26 | 0.04 | 1.57 | —9 | 6 | ||||||
08-31-2015 | 12.64 | 0.23 | (0.69) | (0.46) | (0.23) | (0.08) | (0.31) | 11.87 | (3.71) | 3.41 | 0.19 | 1.83 | —9 | 5 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 12.15 | 0.256 | 0.12 | 0.37 | (0.32) | (0.98) | (1.30) | 11.22 | 2.367 | 0.298 | 0.058 | 3.986, 8 | 528 | 23 | ||||||
08-31-2019 | 13.81 | 0.296 | (0.39) | (0.10) | (0.30) | (1.26) | (1.56) | 12.15 | 0.87 | 0.29 | 0.05 | 2.346 | 538 | 16 | ||||||
08-31-2018 | 13.55 | 0.306 | 1.07 | 1.37 | (0.30) | (0.81) | (1.11) | 13.81 | 10.44 | 0.29 | 0.05 | 2.176 | 578 | 13 | ||||||
08-31-2017 | 12.45 | 0.276 | 1.44 | 1.71 | (0.27) | (0.34) | (0.61) | 13.55 | 14.33 | 0.28 | 0.05 | 2.146 | 573 | 12 | ||||||
08-31-2016 | 11.87 | 0.24 | 0.75 | 0.99 | (0.23) | (0.18) | (0.41) | 12.45 | 8.49 | 0.29 | 0.09 | 2.01 | 522 | 6 | ||||||
08-31-2015 | 12.64 | 0.23 | (0.69) | (0.46) | (0.23) | (0.08) | (0.31) | 11.87 | (3.75) | 0.28 | 0.24 | 1.81 | 424 | 5 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005 per share, $0.01, $0.01 and less than $0.005 per share and 0.04%, 0.05%, 0.04% and 0.03% for the periods ended 2-29-20, 8-31-19, 8-31-18 and 8-31-17, respectively. |
7 Not annualized. |
8 Annualized. |
9 Less than $500,000. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 35 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 13.68 | 0.236 | 0.13 | 0.36 | (0.27) | (1.10) | (1.37) | 12.67 | 2.017 | 0.988 | 0.748 | 3.346, 8 | —9 | 25 | ||||||
08-31-2019 | 15.50 | 0.256 | (0.43) | (0.18) | (0.24) | (1.40) | (1.64) | 13.68 | 0.24 | 0.99 | 0.75 | 1.776 | —9 | 16 | ||||||
08-31-2018 | 15.19 | 0.246 | 1.18 | 1.42 | (0.24) | (0.87) | (1.11) | 15.50 | 9.62 | 0.99 | 0.75 | 1.546 | 1 | 12 | ||||||
08-31-2017 | 13.97 | 0.196 | 1.62 | 1.81 | (0.21) | (0.38) | (0.59) | 15.19 | 13.47 | 0.96 | 0.73 | 1.316 | 1 | 12 | ||||||
08-31-2016 | 13.33 | 0.17 | 0.85 | 1.02 | (0.18) | (0.20) | (0.38) | 13.97 | 7.74 | 0.97 | 0.77 | 1.29 | —9 | 6 | ||||||
08-31-2015 | 14.17 | 0.16 | (0.78) | (0.62) | (0.15) | (0.07) | (0.22) | 13.33 | (4.45) | 2.77 | 0.90 | 1.14 | —9 | 5 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 13.69 | 0.256 | 0.13 | 0.38 | (0.30) | (1.10) | (1.40) | 12.67 | 2.097 | 0.758 | 0.518 | 3.556, 8 | 1 | 25 | ||||||
08-31-2019 | 15.52 | 0.266 | (0.42) | (0.16) | (0.27) | (1.40) | (1.67) | 13.69 | 0.53 | 0.75 | 0.51 | 1.876 | —9 | 16 | ||||||
08-31-2018 | 15.20 | 0.246 | 1.22 | 1.46 | (0.27) | (0.87) | (1.14) | 15.52 | 9.80 | 0.75 | 0.51 | 1.606 | 1 | 12 | ||||||
08-31-2017 | 13.97 | 0.166 | 1.69 | 1.85 | (0.24) | (0.38) | (0.62) | 15.20 | 13.88 | 0.74 | 0.50 | 1.146 | 1 | 12 | ||||||
08-31-2016 | 13.33 | 0.20 | 0.85 | 1.05 | (0.21) | (0.20) | (0.41) | 13.97 | 8.04 | 0.77 | 0.53 | 1.53 | —9 | 6 | ||||||
08-31-2015 | 14.17 | 0.23 | (0.81) | (0.58) | (0.19) | (0.07) | (0.26) | 13.33 | (4.22) | 2.98 | 0.61 | 1.66 | —9 | 5 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 13.76 | 0.296 | 0.11 | 0.40 | (0.35) | (1.10) | (1.45) | 12.71 | 2.277 | 0.508 | 0.168 | 4.156, 8 | —9 | 25 | ||||||
08-31-2019 | 15.59 | 0.336 | (0.43) | (0.10) | (0.33) | (1.40) | (1.73) | 13.76 | 0.87 | 0.50 | 0.16 | 2.366 | —9 | 16 | ||||||
08-31-2018 | 15.27 | 0.276 | 1.24 | 1.51 | (0.32) | (0.87) | (1.19) | 15.59 | 10.21 | 0.50 | 0.16 | 1.716 | —9 | 12 | ||||||
08-31-2017 | 14.03 | 0.306 | 1.61 | 1.91 | (0.29) | (0.38) | (0.67) | 15.27 | 14.19 | 0.49 | 0.16 | 2.076 | —9 | 12 | ||||||
08-31-2016 | 13.37 | 0.26 | 0.84 | 1.10 | (0.24) | (0.20) | (0.44) | 14.03 | 8.40 | 0.50 | 0.20 | 1.97 | —9 | 6 | ||||||
08-31-2015 | 14.21 | 0.24 | (0.79) | (0.55) | (0.22) | (0.07) | (0.29) | 13.37 | (3.97) | 4.22 | 0.38 | 1.73 | —9 | 5 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 13.69 | 0.286 | 0.14 | 0.42 | (0.37) | (1.10) | (1.47) | 12.64 | 2.437 | 0.258 | —8 | 4.096, 8 | 77 | 25 | ||||||
08-31-2019 | 15.53 | 0.306 | (0.39) | (0.09) | (0.35) | (1.40) | (1.75) | 13.69 | 1.01 | 0.25 | — | 2.196 | 59 | 16 | ||||||
08-31-2018 | 15.22 | 0.296 | 1.24 | 1.53 | (0.35) | (0.87) | (1.22) | 15.53 | 10.35 | 0.25 | — | 1.916 | 32 | 12 | ||||||
08-31-2017 | 13.99 | 0.206 | 1.72 | 1.92 | (0.31) | (0.38) | (0.69) | 15.22 | 14.35 | 0.24 | — | 1.366 | 10 | 12 | ||||||
08-31-2016 | 13.33 | 0.27 | 0.86 | 1.13 | (0.27) | (0.20) | (0.47) | 13.99 | 8.62 | 0.25 | 0.03 | 2.02 | —9 | 6 | ||||||
08-31-2015 | 14.18 | 0.23 | (0.76) | (0.53) | (0.25) | (0.07) | (0.32) | 13.33 | (3.82) | 3.09 | 0.19 | 1.64 | —9 | 5 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 13.69 | 0.286 | 0.14 | 0.42 | (0.37) | (1.10) | (1.47) | 12.64 | 2.387 | 0.298 | 0.058 | 3.996, 8 | 676 | 25 | ||||||
08-31-2019 | 15.53 | 0.336 | (0.42) | (0.09) | (0.35) | (1.40) | (1.75) | 13.69 | 0.95 | 0.29 | 0.05 | 2.386 | 701 | 16 | ||||||
08-31-2018 | 15.21 | 0.346 | 1.19 | 1.53 | (0.34) | (0.87) | (1.21) | 15.53 | 10.37 | 0.29 | 0.05 | 2.206 | 760 | 12 | ||||||
08-31-2017 | 13.98 | 0.316 | 1.60 | 1.91 | (0.30) | (0.38) | (0.68) | 15.21 | 14.30 | 0.28 | 0.05 | 2.156 | 741 | 12 | ||||||
08-31-2016 | 13.33 | 0.27 | 0.84 | 1.11 | (0.26) | (0.20) | (0.46) | 13.98 | 8.49 | 0.28 | 0.08 | 2.01 | 678 | 6 | ||||||
08-31-2015 | 14.17 | 0.26 | (0.78) | (0.52) | (0.25) | (0.07) | (0.32) | 13.33 | (3.80) | 0.28 | 0.24 | 1.83 | 554 | 5 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005, $0.01, $0.01 and less than $0.005 per share and 0.05%, 0.06%, 0.05% and 0.03% for the periods ended 2-29-20, 8-31-19, 8-31-18 and 8-31-17, respectively. |
7 Not annualized. |
8 Annualized. |
9 Less than $500,000. |
36 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 13.56 | 0.236 | 0.14 | 0.37 | (0.27) | (1.05) | (1.32) | 12.61 | 2.177 | 0.988 | 0.738 | 3.306, 8 | —9 | 26 | ||||||
08-31-2019 | 15.32 | 0.246 | (0.36) | (0.12) | (0.24) | (1.40) | (1.64) | 13.56 | 0.64 | 1.00 | 0.75 | 1.756 | —9 | 18 | ||||||
08-31-2018 | 15.09 | 0.236 | 1.12 | 1.35 | (0.26) | (0.86) | (1.12) | 15.32 | 9.16 | 0.96 | 0.71 | 1.506 | —9 | 16 | ||||||
08-31-2017 | 13.92 | 0.196 | 1.58 | 1.77 | (0.23) | (0.37) | (0.60) | 15.09 | 13.15 | 0.88 | 0.65 | 1.366 | —9 | 13 | ||||||
08-31-2016 | 13.29 | 0.19 | 0.83 | 1.02 | (0.19) | (0.20) | (0.39) | 13.92 | 7.79 | 0.83 | 0.63 | 1.45 | —9 | 7 | ||||||
08-31-2015 | 14.12 | 0.16 | (0.76) | (0.60) | (0.15) | (0.08) | (0.23) | 13.29 | (4.34) | 4.03 | 0.80 | 1.15 | —9 | 5 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 13.57 | 0.246 | 0.14 | 0.38 | (0.30) | (1.05) | (1.35) | 12.60 | 2.307 | 0.778 | 0.518 | 3.396, 8 | —9 | 26 | ||||||
08-31-2019 | 15.33 | 0.276 | (0.35) | (0.08) | (0.28) | (1.40) | (1.68) | 13.57 | 0.87 | 0.76 | 0.51 | 1.956 | —9 | 18 | ||||||
08-31-2018 | 15.10 | 0.186 | 1.20 | 1.38 | (0.29) | (0.86) | (1.15) | 15.33 | 9.40 | 0.73 | 0.48 | 1.196 | 1 | 16 | ||||||
08-31-2017 | 13.92 | 0.216 | 1.60 | 1.81 | (0.26) | (0.37) | (0.63) | 15.10 | 13.51 | 0.61 | 0.38 | 1.466 | —9 | 13 | ||||||
08-31-2016 | 13.26 | 0.23 | 0.82 | 1.05 | (0.19) | (0.20) | (0.39) | 13.92 | 8.10 | 0.53 | 0.33 | 1.72 | —9 | 7 | ||||||
08-31-2015 | 14.12 | 0.36 | (0.96) | (0.60) | (0.18) | (0.08) | (0.26) | 13.26 | (4.32) | 2.06 | 0.69 | 2.57 | —9 | 5 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 13.64 | 0.316 | 0.09 | 0.40 | (0.34) | (1.05) | (1.39) | 12.65 | 2.337 | 0.588 | 0.228 | 4.546, 8 | —9 | 26 | ||||||
08-31-2019 | 15.41 | 0.276 | (0.31) | (0.04) | (0.33) | (1.40) | (1.73) | 13.64 | 1.27 | 0.54 | 0.19 | 1.956 | —9 | 18 | ||||||
08-31-2018 | 15.16 | 0.276 | 1.17 | 1.44 | (0.33) | (0.86) | (1.19) | 15.41 | 9.76 | 0.51 | 0.17 | 1.766 | —9 | 16 | ||||||
08-31-2017 | 13.97 | 0.286 | 1.57 | 1.85 | (0.29) | (0.37) | (0.66) | 15.16 | 13.72 | 0.50 | 0.17 | 1.976 | —9 | 13 | ||||||
08-31-2016 | 13.33 | 0.26 | 0.82 | 1.08 | (0.24) | (0.20) | (0.44) | 13.97 | 8.27 | 0.50 | 0.20 | 1.95 | —9 | 7 | ||||||
08-31-2015 | 14.17 | 0.24 | (0.79) | (0.55) | (0.21) | (0.08) | (0.29) | 13.33 | (3.93) | 4.24 | 0.39 | 1.72 | —9 | 5 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 13.55 | 0.276 | 0.15 | 0.42 | (0.37) | (1.05) | (1.42) | 12.55 | 2.507 | 0.278 | —8 | 4.006, 8 | 90 | 26 | ||||||
08-31-2019 | 15.33 | 0.296 | (0.31) | (0.02) | (0.36) | (1.40) | (1.76) | 13.55 | 1.42 | 0.26 | — | 2.166 | 72 | 18 | ||||||
08-31-2018 | 15.09 | 0.306 | 1.15 | 1.45 | (0.35) | (0.86) | (1.21) | 15.33 | 9.90 | 0.26 | — | 2.016 | 37 | 16 | ||||||
08-31-2017 | 13.91 | 0.206 | 1.66 | 1.86 | (0.31) | (0.37) | (0.68) | 15.09 | 13.90 | 0.25 | — | 1.406 | 14 | 13 | ||||||
08-31-2016 | 13.27 | 0.25 | 0.85 | 1.10 | (0.26) | (0.20) | (0.46) | 13.91 | 8.50 | 0.25 | 0.03 | 1.94 | 1 | 7 | ||||||
08-31-2015 | 14.12 | 0.16 | (0.68) | (0.52) | (0.25) | (0.08) | (0.33) | 13.27 | (3.78) | 1.07 | 0.19 | 1.19 | 1 | 5 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 13.57 | 0.276 | 0.14 | 0.41 | (0.36) | (1.05) | (1.41) | 12.57 | 2.447 | 0.308 | 0.058 | 3.926, 8 | 831 | 26 | ||||||
08-31-2019 | 15.34 | 0.336 | (0.35) | (0.02) | (0.35) | (1.40) | (1.75) | 13.57 | 1.44 | 0.30 | 0.05 | 2.406 | 862 | 18 | ||||||
08-31-2018 | 15.10 | 0.336 | 1.11 | 1.44 | (0.34) | (0.86) | (1.20) | 15.34 | 9.84 | 0.29 | 0.05 | 2.206 | 946 | 16 | ||||||
08-31-2017 | 13.92 | 0.306 | 1.55 | 1.85 | (0.30) | (0.37) | (0.67) | 15.10 | 13.83 | 0.28 | 0.05 | 2.146 | 969 | 13 | ||||||
08-31-2016 | 13.28 | 0.26 | 0.83 | 1.09 | (0.25) | (0.20) | (0.45) | 13.92 | 8.44 | 0.28 | 0.08 | 2.00 | 892 | 7 | ||||||
08-31-2015 | 14.13 | 0.25 | (0.78) | (0.53) | (0.24) | (0.08) | (0.32) | 13.28 | (3.83) | 0.28 | 0.24 | 1.82 | 743 | 5 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005 per share, $0.01, $0.01 and less than $0.005 per share and 0.04%, 0.05%, 0.05% and 0.03% for the periods ended 2-29-20, 8-31-19, 8-31-18 and 8-31-17, respectively. |
7 Not annualized. |
8 Annualized. |
9 Less than $500,000. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 37 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 13.45 | 0.226 | 0.15 | 0.37 | (0.28) | (0.92) | (1.20) | 12.62 | 2.317 | 0.938 | 0.658 | 3.206, 8 | 1 | 28 | ||||||
08-31-2019 | 14.94 | 0.336 | (0.28) | 0.05 | (0.25) | (1.29) | (1.54) | 13.45 | 1.65 | 0.91 | 0.63 | 2.376 | 1 | 19 | ||||||
08-31-2018 | 14.82 | 0.246 | 0.93 | 1.17 | (0.24) | (0.81) | (1.05) | 14.94 | 8.06 | 0.93 | 0.66 | 1.596 | 1 | 17 | ||||||
08-31-2017 | 13.77 | 0.166 | 1.43 | 1.59 | (0.20) | (0.34) | (0.54) | 14.82 | 12.02 | 0.96 | 0.71 | 1.156 | 1 | 15 | ||||||
08-31-2016 | 13.18 | 0.17 | 0.78 | 0.95 | (0.17) | (0.19) | (0.36) | 13.77 | 7.39 | 1.04 | 0.80 | 1.29 | 1 | 7 | ||||||
08-31-2015 | 13.98 | 0.08 | (0.64) | (0.56) | (0.15) | (0.09) | (0.24) | 13.18 | (4.09) | 2.39 | 0.87 | 0.56 | 1 | 6 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 13.41 | 0.226 | 0.17 | 0.39 | (0.30) | (0.92) | (1.22) | 12.58 | 2.457 | 0.808 | 0.518 | 3.286, 8 | 1 | 28 | ||||||
08-31-2019 | 14.92 | 0.266 | (0.21) | 0.05 | (0.27) | (1.29) | (1.56) | 13.41 | 1.71 | 0.79 | 0.51 | 1.936 | 1 | 19 | ||||||
08-31-2018 | 14.81 | 0.206 | 0.99 | 1.19 | (0.27) | (0.81) | (1.08) | 14.92 | 8.21 | 0.79 | 0.52 | 1.366 | 2 | 17 | ||||||
08-31-2017 | 13.77 | 0.216 | 1.41 | 1.62 | (0.24) | (0.34) | (0.58) | 14.81 | 12.22 | 0.73 | 0.48 | 1.476 | 1 | 15 | ||||||
08-31-2016 | 13.17 | 0.21 | 0.78 | 0.99 | (0.20) | (0.19) | (0.39) | 13.77 | 7.73 | 0.78 | 0.55 | 1.61 | —9 | 7 | ||||||
08-31-2015 | 13.98 | 0.24 | (0.77) | (0.53) | (0.19) | (0.09) | (0.28) | 13.17 | (3.93) | 2.16 | 0.67 | 1.71 | —9 | 6 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 13.49 | 0.276 | 0.14 | 0.41 | (0.34) | (0.92) | (1.26) | 12.64 | 2.617 | 0.568 | 0.188 | 3.936, 8 | —9 | 28 | ||||||
08-31-2019 | 15.00 | 0.326 | (0.22) | 0.10 | (0.32) | (1.29) | (1.61) | 13.49 | 2.09 | 0.54 | 0.17 | 2.346 | —9 | 19 | ||||||
08-31-2018 | 14.88 | 0.276 | 0.98 | 1.25 | (0.32) | (0.81) | (1.13) | 15.00 | 8.61 | 0.53 | 0.16 | 1.796 | —9 | 17 | ||||||
08-31-2017 | 13.83 | 0.296 | 1.38 | 1.67 | (0.28) | (0.34) | (0.62) | 14.88 | 12.61 | 0.52 | 0.16 | 2.056 | —9 | 15 | ||||||
08-31-2016 | 13.22 | 0.26 | 0.78 | 1.04 | (0.24) | (0.19) | (0.43) | 13.83 | 8.06 | 0.52 | 0.22 | 1.96 | —9 | 7 | ||||||
08-31-2015 | 14.03 | 0.24 | (0.74) | (0.50) | (0.22) | (0.09) | (0.31) | 13.22 | (3.68) | 4.29 | 0.40 | 1.72 | —9 | 6 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 13.43 | 0.266 | 0.16 | 0.42 | (0.37) | (0.92) | (1.29) | 12.56 | 2.647 | 0.298 | —8 | 3.876, 8 | 99 | 28 | ||||||
08-31-2019 | 14.95 | 0.316 | (0.19) | 0.12 | (0.35) | (1.29) | (1.64) | 13.43 | 2.25 | 0.29 | — | 2.306 | 81 | 19 | ||||||
08-31-2018 | 14.83 | 0.306 | 0.97 | 1.27 | (0.34) | (0.81) | (1.15) | 14.95 | 8.81 | 0.28 | — | 2.036 | 44 | 17 | ||||||
08-31-2017 | 13.78 | 0.196 | 1.50 | 1.69 | (0.30) | (0.34) | (0.64) | 14.83 | 12.84 | 0.27 | — | 1.346 | 15 | 15 | ||||||
08-31-2016 | 13.18 | 0.26 | 0.79 | 1.05 | (0.26) | (0.19) | (0.45) | 13.78 | 8.21 | 0.27 | 0.05 | 1.99 | —9 | 7 | ||||||
08-31-2015 | 13.99 | 0.24 | (0.71) | (0.47) | (0.25) | (0.09) | (0.34) | 13.18 | (3.46) | 1.29 | 0.21 | 1.76 | —9 | 6 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 13.41 | 0.266 | 0.16 | 0.42 | (0.36) | (0.92) | (1.28) | 12.55 | 2.667 | 0.338 | 0.058 | 3.796, 8 | 1,061 | 28 | ||||||
08-31-2019 | 14.93 | 0.336 | (0.22) | 0.11 | (0.34) | (1.29) | (1.63) | 13.41 | 2.19 | 0.33 | 0.05 | 2.466 | 1,105 | 19 | ||||||
08-31-2018 | 14.82 | 0.336 | 0.92 | 1.25 | (0.33) | (0.81) | (1.14) | 14.93 | 8.70 | 0.32 | 0.05 | 2.236 | 1,202 | 17 | ||||||
08-31-2017 | 13.77 | 0.306 | 1.39 | 1.69 | (0.30) | (0.34) | (0.64) | 14.82 | 12.80 | 0.30 | 0.05 | 2.146 | 1,244 | 15 | ||||||
08-31-2016 | 13.17 | 0.26 | 0.78 | 1.04 | (0.25) | (0.19) | (0.44) | 13.77 | 8.16 | 0.30 | 0.10 | 2.03 | 1,192 | 7 | ||||||
08-31-2015 | 13.98 | 0.25 | (0.72) | (0.47) | (0.25) | (0.09) | (0.34) | 13.17 | (3.50) | 0.29 | 0.26 | 1.82 | 1,024 | 6 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced and other income not been received from the Advisor for reimbursement of indirect net expenses associated with the portfolio’s investments in underlying investment companies during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of less than $0.005, less than $0.005, less than $0.005 and less than $0.005 per share and 0.01%, 0.02%, 0.02% and 0.03% for the periods ended 2-29-20, 8-31-19, 8-31-18 and 8-31-17, respectively. |
7 Not annualized. |
8 Annualized. |
9 Less than $500,000. |
38 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 13.18 | 0.19 | 0.17 | 0.36 | (0.27) | (0.72) | (0.99) | 12.55 | 2.486 | 1.067 | 0.787 | 2.867 | 1 | 35 | ||||||
08-31-2019 | 14.25 | 0.31 | (0.04)8 | 0.27 | (0.25) | (1.09) | (1.34) | 13.18 | 2.98 | 1.03 | 0.75 | 2.30 | 1 | 22 | ||||||
08-31-2018 | 14.33 | 0.22 | 0.64 | 0.86 | (0.23) | (0.71) | (0.94) | 14.25 | 6.11 | 1.00 | 0.71 | 1.53 | 1 | 18 | ||||||
08-31-2017 | 13.47 | 0.18 | 1.14 | 1.32 | (0.19) | (0.27) | (0.46) | 14.33 | 10.14 | 0.99 | 0.73 | 1.28 | 1 | 15 | ||||||
08-31-2016 | 12.92 | 0.13 | 0.79 | 0.92 | (0.17) | (0.20) | (0.37) | 13.47 | 7.23 | 1.06 | 0.84 | 1.03 | —9 | 7 | ||||||
08-31-2015 | 13.64 | 0.17 | (0.67) | (0.50) | (0.14) | (0.08) | (0.22) | 12.92 | (3.70) | 3.12 | 0.92 | 1.23 | —9 | 7 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 13.16 | 0.20 | 0.18 | 0.38 | (0.30) | (0.72) | (1.02) | 12.52 | 2.626 | 0.867 | 0.577 | 2.987 | 1 | 35 | ||||||
08-31-2019 | 14.24 | 0.26 | 0.02 | 0.28 | (0.27) | (1.09) | (1.36) | 13.16 | 3.21 | 0.85 | 0.56 | 2.00 | 1 | 22 | ||||||
08-31-2018 | 14.32 | 0.22 | 0.66 | 0.88 | (0.25) | (0.71) | (0.96) | 14.24 | 6.24 | 0.84 | 0.55 | 1.53 | 1 | 18 | ||||||
08-31-2017 | 13.46 | 0.18 | 1.18 | 1.36 | (0.23) | (0.27) | (0.50) | 14.32 | 10.42 | 0.79 | 0.53 | 1.33 | 1 | 15 | ||||||
08-31-2016 | 12.92 | 0.16 | 0.77 | 0.93 | (0.19) | (0.20) | (0.39) | 13.46 | 7.38 | 0.81 | 0.59 | 1.25 | —9 | 7 | ||||||
08-31-2015 | 13.65 | 0.29 | (0.76) | (0.47) | (0.18) | (0.08) | (0.26) | 12.92 | (3.53) | 2.20 | 0.74 | 2.10 | —9 | 7 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 13.25 | 0.25 | 0.14 | 0.39 | (0.33) | (0.72) | (1.05) | 12.59 | 2.696 | 0.707 | 0.327 | 3.837 | 2 | 35 | ||||||
08-31-2019 | 14.32 | 0.19 | 0.15 | 0.34 | (0.32) | (1.09) | (1.41) | 13.25 | 3.57 | 0.67 | 0.28 | 1.48 | 1 | 22 | ||||||
08-31-2018 | 14.39 | 0.28 | 0.66 | 0.94 | (0.30) | (0.71) | (1.01) | 14.32 | 6.72 | 0.58 | 0.19 | 1.91 | —9 | 18 | ||||||
08-31-2017 | 13.53 | 0.28 | 1.12 | 1.40 | (0.27) | (0.27) | (0.54) | 14.39 | 10.73 | 0.56 | 0.20 | 2.03 | —9 | 15 | ||||||
08-31-2016 | 12.97 | 0.25 | 0.74 | 0.99 | (0.23) | (0.20) | (0.43) | 13.53 | 7.80 | 0.55 | 0.25 | 1.94 | —9 | 7 | ||||||
08-31-2015 | 13.69 | 0.23 | (0.66) | (0.43) | (0.21) | (0.08) | (0.29) | 12.97 | (3.21) | 4.41 | 0.43 | 1.71 | —9 | 7 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 13.17 | 0.23 | 0.18 | 0.41 | (0.36) | (0.72) | (1.08) | 12.50 | 2.886 | 0.367 | 0.067 | 3.557 | 108 | 35 | ||||||
08-31-2019 | 14.25 | 0.30 | 0.05 | 0.35 | (0.34) | (1.09) | (1.43) | 13.17 | 3.73 | 0.35 | 0.04 | 2.33 | 88 | 22 | ||||||
08-31-2018 | 14.33 | 0.29 | 0.67 | 0.96 | (0.33) | (0.71) | (1.04) | 14.25 | 6.84 | 0.33 | 0.03 | 2.10 | 43 | 18 | ||||||
08-31-2017 | 13.47 | 0.21 | 1.21 | 1.42 | (0.29) | (0.27) | (0.56) | 14.33 | 10.96 | 0.31 | 0.04 | 1.56 | 16 | 15 | ||||||
08-31-2016 | 12.92 | 0.20 | 0.80 | 1.00 | (0.25) | (0.20) | (0.45) | 13.47 | 7.95 | 0.30 | 0.09 | 1.63 | 1 | 7 | ||||||
08-31-2015 | 13.64 | 0.19 | (0.59) | (0.40) | (0.24) | (0.08) | (0.32) | 12.92 | (2.99) | 1.21 | 0.24 | 1.42 | 1 | 7 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 13.17 | 0.23 | 0.17 | 0.40 | (0.35) | (0.72) | (1.07) | 12.50 | 2.836 | 0.397 | 0.117 | 3.507 | 1,217 | 35 | ||||||
08-31-2019 | 14.25 | 0.33 | 0.02 | 0.35 | (0.34) | (1.09) | (1.43) | 13.17 | 3.67 | 0.38 | 0.09 | 2.54 | 1,275 | 22 | ||||||
08-31-2018 | 14.33 | 0.32 | 0.63 | 0.95 | (0.32) | (0.71) | (1.03) | 14.25 | 6.79 | 0.37 | 0.08 | 2.28 | 1,377 | 18 | ||||||
08-31-2017 | 13.48 | 0.29 | 1.11 | 1.40 | (0.28) | (0.27) | (0.55) | 14.33 | 10.83 | 0.35 | 0.09 | 2.14 | 1,468 | 15 | ||||||
08-31-2016 | 12.93 | 0.26 | 0.73 | 0.99 | (0.24) | (0.20) | (0.44) | 13.48 | 7.89 | 0.34 | 0.14 | 2.02 | 1,440 | 7 | ||||||
08-31-2015 | 13.65 | 0.25 | (0.65) | (0.40) | (0.24) | (0.08) | (0.32) | 12.93 | (3.03) | 0.32 | 0.29 | 1.82 | 1,245 | 7 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the sales and repurchases of shares in relation to fluctuating market values of the investments of the portfolio. |
9 Less than $500,000. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 39 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 12.64 | 0.16 | 0.13 | 0.29 | (0.28) | (0.53) | (0.81) | 12.12 | 2.236 | 1.117 | 0.837 | 2.497 | —8 | 32 | ||||||
08-31-2019 | 13.15 | 0.24 | 0.29 | 0.53 | (0.23) | (0.81) | (1.04) | 12.64 | 4.84 | 1.14 | 0.85 | 1.93 | —8 | 17 | ||||||
08-31-2018 | 13.49 | 0.21 | 0.25 | 0.46 | (0.21) | (0.59) | (0.80) | 13.15 | 3.46 | 1.12 | 0.83 | 1.57 | —8 | 14 | ||||||
08-31-2017 | 12.97 | 0.13 | 0.75 | 0.88 | (0.18) | (0.18) | (0.36) | 13.49 | 7.03 | 1.15 | 0.86 | 1.00 | —8 | 14 | ||||||
08-31-2016 | 12.52 | 0.17 | 0.63 | 0.80 | (0.16) | (0.19) | (0.35) | 12.97 | 6.52 | 1.11 | 0.90 | 1.35 | —8 | 9 | ||||||
08-31-2015 | 13.09 | 0.18 | (0.55) | (0.37) | (0.13) | (0.07) | (0.20) | 12.52 | (2.88) | 3.61 | 0.99 | 1.38 | —8 | 9 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 12.65 | 0.17 | 0.14 | 0.31 | (0.31) | (0.53) | (0.84) | 12.12 | 2.416 | 0.937 | 0.657 | 2.647 | 2 | 32 | ||||||
08-31-2019 | 13.16 | 0.26 | 0.30 | 0.56 | (0.26) | (0.81) | (1.07) | 12.65 | 5.04 | 0.92 | 0.63 | 2.12 | 1 | 17 | ||||||
08-31-2018 | 13.51 | 0.17 | 0.33 | 0.50 | (0.26) | (0.59) | (0.85) | 13.16 | 3.74 | 0.88 | 0.59 | 1.36 | 1 | 14 | ||||||
08-31-2017 | 12.99 | 0.23 | 0.71 | 0.94 | (0.24) | (0.18) | (0.42) | 13.51 | 7.47 | 0.70 | 0.44 | 1.75 | —8 | 14 | ||||||
08-31-2016 | 12.53 | 0.22 | 0.64 | 0.86 | (0.21) | (0.19) | (0.40) | 12.99 | 6.99 | 0.70 | 0.50 | 1.77 | —8 | 9 | ||||||
08-31-2015 | 13.09 | 0.19 | (0.52) | (0.33) | (0.16) | (0.07) | (0.23) | 12.53 | (2.56) | 4.41 | 0.65 | 1.49 | —8 | 9 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 12.69 | 0.18 | 0.15 | 0.33 | (0.35) | (0.53) | (0.88) | 12.14 | 2.486 | 0.717 | 0.337 | 2.927 | —8 | 32 | ||||||
08-31-2019 | 13.20 | 0.31 | 0.29 | 0.60 | (0.30) | (0.81) | (1.11) | 12.69 | 5.47 | 0.70 | 0.30 | 2.49 | —8 | 17 | ||||||
08-31-2018 | 13.54 | 0.28 | 0.26 | 0.54 | (0.29) | (0.59) | (0.88) | 13.20 | 4.05 | 0.66 | 0.27 | 2.06 | —8 | 14 | ||||||
08-31-2017 | 13.02 | 0.26 | 0.70 | 0.96 | (0.26) | (0.18) | (0.44) | 13.54 | 7.64 | 0.63 | 0.27 | 2.03 | —8 | 14 | ||||||
08-31-2016 | 12.55 | 0.25 | 0.63 | 0.88 | (0.22) | (0.19) | (0.41) | 13.02 | 7.18 | 0.62 | 0.32 | 1.96 | —8 | 9 | ||||||
08-31-2015 | 13.12 | 0.22 | (0.53) | (0.31) | (0.19) | (0.07) | (0.26) | 12.55 | (2.39) | 4.62 | 0.50 | 1.71 | —8 | 9 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 12.64 | 0.20 | 0.14 | 0.34 | (0.37) | (0.53) | (0.90) | 12.08 | 2.596 | 0.437 | 0.147 | 3.167 | 81 | 32 | ||||||
08-31-2019 | 13.16 | 0.31 | 0.30 | 0.61 | (0.32) | (0.81) | (1.13) | 12.64 | 5.62 | 0.42 | 0.12 | 2.52 | 70 | 17 | ||||||
08-31-2018 | 13.50 | 0.29 | 0.27 | 0.56 | (0.31) | (0.59) | (0.90) | 13.16 | 4.24 | 0.40 | 0.10 | 2.21 | 35 | 14 | ||||||
08-31-2017 | 12.98 | 0.21 | 0.77 | 0.98 | (0.28) | (0.18) | (0.46) | 13.50 | 7.84 | 0.38 | 0.11 | 1.67 | 13 | 14 | ||||||
08-31-2016 | 12.52 | 0.22 | 0.67 | 0.89 | (0.24) | (0.19) | (0.43) | 12.98 | 7.30 | 0.37 | 0.15 | 1.80 | 1 | 9 | ||||||
08-31-2015 | 13.09 | 0.22 | (0.49) | (0.27) | (0.23) | (0.07) | (0.30) | 12.52 | (2.16) | 1.14 | 0.30 | 1.70 | 1 | 9 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 12.64 | 0.20 | 0.13 | 0.33 | (0.36) | (0.53) | (0.89) | 12.08 | 2.546 | 0.477 | 0.197 | 3.127 | 1,116 | 32 | ||||||
08-31-2019 | 13.16 | 0.33 | 0.28 | 0.61 | (0.32) | (0.81) | (1.13) | 12.64 | 5.57 | 0.46 | 0.17 | 2.64 | 1,187 | 17 | ||||||
08-31-2018 | 13.50 | 0.31 | 0.24 | 0.55 | (0.30) | (0.59) | (0.89) | 13.16 | 4.19 | 0.44 | 0.15 | 2.32 | 1,313 | 14 | ||||||
08-31-2017 | 12.98 | 0.28 | 0.69 | 0.97 | (0.27) | (0.18) | (0.45) | 13.50 | 7.79 | 0.42 | 0.16 | 2.15 | 1,477 | 14 | ||||||
08-31-2016 | 12.52 | 0.25 | 0.64 | 0.89 | (0.24) | (0.19) | (0.43) | 12.98 | 7.25 | 0.40 | 0.20 | 2.04 | 1,528 | 9 | ||||||
08-31-2015 | 13.09 | 0.24 | (0.52) | (0.28) | (0.22) | (0.07) | (0.29) | 12.52 | (2.20) | 0.39 | 0.35 | 1.82 | 1,352 | 9 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 Less than $500,000. |
40 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 11.72 | 0.12 | 0.08 | 0.20 | (0.27) | (0.23) | (0.50) | 11.42 | 1.746 | 1.287 | 0.967 | 2.047 | —8 | 40 | ||||||
08-31-2019 | 11.68 | 0.23 | 0.48 | 0.71 | (0.22) | (0.45) | (0.67) | 11.72 | 6.59 | 1.26 | 0.95 | 1.99 | —8 | 12 | ||||||
08-31-2018 | 12.39 | 0.21 | (0.14) | 0.07 | (0.21) | (0.57) | (0.78) | 11.68 | 0.61 | 1.20 | 0.89 | 1.73 | —8 | 11 | ||||||
08-31-2017 | 12.26 | 0.16 | 0.31 | 0.47 | (0.20) | (0.14) | (0.34) | 12.39 | 3.94 | 1.10 | 0.82 | 1.35 | —8 | 13 | ||||||
08-31-2016 | 11.92 | 0.18 | 0.52 | 0.70 | (0.16) | (0.20) | (0.36) | 12.26 | 6.02 | 0.97 | 0.75 | 1.54 | —8 | 13 | ||||||
08-31-2015 | 12.36 | 0.15 | (0.38) | (0.23) | (0.12) | (0.09) | (0.21) | 11.92 | (1.88) | 4.84 | 0.99 | 1.25 | —8 | 13 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 11.73 | 0.13 | 0.09 | 0.22 | (0.30) | (0.23) | (0.53) | 11.42 | 1.906 | 1.037 | 0.717 | 2.287 | 1 | 40 | ||||||
08-31-2019 | 11.69 | 0.26 | 0.48 | 0.74 | (0.25) | (0.45) | (0.70) | 11.73 | 6.87 | 1.01 | 0.70 | 2.25 | 1 | 12 | ||||||
08-31-2018 | 12.39 | 0.20 | (0.09) | 0.11 | (0.24) | (0.57) | (0.81) | 11.69 | 0.84 | 0.99 | 0.68 | 1.70 | 1 | 11 | ||||||
08-31-2017 | 12.24 | 0.19 | 0.30 | 0.49 | (0.20) | (0.14) | (0.34) | 12.39 | 4.16 | 0.96 | 0.67 | 1.59 | —8 | 13 | ||||||
08-31-2016 | 11.91 | 0.20 | 0.50 | 0.70 | (0.17) | (0.20) | (0.37) | 12.24 | 6.00 | 0.95 | 0.71 | 1.67 | —8 | 13 | ||||||
08-31-2015 | 12.37 | 0.15 | (0.37) | (0.22) | (0.15) | (0.09) | (0.24) | 11.91 | (1.80) | 1.91 | 0.88 | 1.27 | 1 | 13 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.75 | 0.15 | 0.08 | 0.23 | (0.33) | (0.23) | (0.56) | 11.42 | 2.016 | 0.847 | 0.437 | 2.627 | —8 | 40 | ||||||
08-31-2019 | 11.71 | 0.27 | 0.51 | 0.78 | (0.29) | (0.45) | (0.74) | 11.75 | 7.23 | 0.79 | 0.37 | 2.41 | —8 | 12 | ||||||
08-31-2018 | 12.41 | 0.27 | (0.12) | 0.15 | (0.28) | (0.57) | (0.85) | 11.71 | 1.19 | 0.74 | 0.33 | 2.22 | —8 | 11 | ||||||
08-31-2017 | 12.26 | 0.24 | 0.29 | 0.53 | (0.24) | (0.14) | (0.38) | 12.41 | 4.50 | 0.72 | 0.34 | 2.01 | —8 | 13 | ||||||
08-31-2016 | 11.93 | 0.23 | 0.51 | 0.74 | (0.21) | (0.20) | (0.41) | 12.26 | 6.34 | 0.70 | 0.38 | 1.94 | —8 | 13 | ||||||
08-31-2015 | 12.38 | 0.20 | (0.38) | (0.18) | (0.18) | (0.09) | (0.27) | 11.93 | (1.47) | 4.93 | 0.57 | 1.65 | —8 | 13 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.72 | 0.16 | 0.09 | 0.25 | (0.36) | (0.23) | (0.59) | 11.38 | 2.146 | 0.537 | 0.207 | 2.797 | 43 | 40 | ||||||
08-31-2019 | 11.68 | 0.30 | 0.50 | 0.80 | (0.31) | (0.45) | (0.76) | 11.72 | 7.46 | 0.51 | 0.18 | 2.68 | 38 | 12 | ||||||
08-31-2018 | 12.38 | 0.27 | (0.10) | 0.17 | (0.30) | (0.57) | (0.87) | 11.68 | 1.37 | 0.49 | 0.17 | 2.33 | 21 | 11 | ||||||
08-31-2017 | 12.24 | 0.23 | 0.31 | 0.54 | (0.26) | (0.14) | (0.40) | 12.38 | 4.61 | 0.47 | 0.17 | 1.92 | 10 | 13 | ||||||
08-31-2016 | 11.91 | 0.19 | 0.57 | 0.76 | (0.23) | (0.20) | (0.43) | 12.24 | 6.55 | 0.45 | 0.21 | 1.68 | 2 | 13 | ||||||
08-31-2015 | 12.36 | 0.22 | (0.37) | (0.15) | (0.21) | (0.09) | (0.30) | 11.91 | (1.23) | 1.35 | 0.38 | 1.77 | —8 | 13 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.71 | 0.16 | 0.08 | 0.24 | (0.35) | (0.23) | (0.58) | 11.37 | 2.106 | 0.577 | 0.257 | 2.787 | 534 | 40 | ||||||
08-31-2019 | 11.67 | 0.31 | 0.48 | 0.79 | (0.30) | (0.45) | (0.75) | 11.71 | 7.41 | 0.55 | 0.23 | 2.75 | 595 | 12 | ||||||
08-31-2018 | 12.37 | 0.28 | (0.12) | 0.16 | (0.29) | (0.57) | (0.86) | 11.67 | 1.33 | 0.53 | 0.22 | 2.38 | 699 | 11 | ||||||
08-31-2017 | 12.23 | 0.26 | 0.27 | 0.53 | (0.25) | (0.14) | (0.39) | 12.37 | 4.56 | 0.50 | 0.22 | 2.14 | 881 | 13 | ||||||
08-31-2016 | 11.90 | 0.24 | 0.51 | 0.75 | (0.22) | (0.20) | (0.42) | 12.23 | 6.50 | 0.48 | 0.26 | 2.04 | 1,003 | 13 | ||||||
08-31-2015 | 12.36 | 0.22 | (0.38) | (0.16) | (0.21) | (0.09) | (0.30) | 11.90 | (1.36) | 0.46 | 0.43 | 1.78 | 939 | 13 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 Less than $500,000. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 41 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3 | Expenses before reductions (%)4 | Expenses including reductions (%)4 | Net investment income (loss) (%)2 | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||||
Class R1 | ||||||||||||||||||||
02-29-20205 | 11.47 | 0.11 | 0.03 | 0.14 | (0.25) | (0.12) | (0.37) | 11.24 | 1.136 | 1.247 | 0.927 | 1.897 | —8 | 50 | ||||||
08-31-2019 | 11.12 | 0.21 | 0.47 | 0.68 | (0.21) | (0.12) | (0.33) | 11.47 | 6.37 | 1.22 | 0.90 | 1.94 | —8 | 11 | ||||||
08-31-2018 | 11.44 | 0.18 | (0.13) | 0.05 | (0.19) | (0.18) | (0.37) | 11.12 | 0.43 | 1.17 | 0.85 | 1.58 | —8 | 7 | ||||||
08-31-2017 | 11.40 | 0.15 | 0.08 | 0.23 | (0.15) | (0.04) | (0.19) | 11.44 | 2.08 | 1.09 | 0.79 | 1.37 | —8 | 5 | ||||||
08-31-2016 | 11.23 | 0.13 | 0.34 | 0.47 | (0.14) | (0.16) | (0.30) | 11.40 | 4.26 | 1.11 | 0.85 | 1.23 | —8 | 179 | ||||||
08-31-2015 | 11.50 | 0.12 | (0.19) | (0.07) | (0.11) | (0.09) | (0.20) | 11.23 | (0.63) | 5.44 | 1.06 | 1.05 | —8 | 32 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20205 | 11.46 | 0.12 | 0.03 | 0.15 | (0.27) | (0.12) | (0.39) | 11.22 | 1.296 | 1.087 | 0.757 | 2.077 | 1 | 50 | ||||||
08-31-2019 | 11.11 | 0.23 | 0.47 | 0.70 | (0.23) | (0.12) | (0.35) | 11.46 | 6.55 | 1.06 | 0.73 | 2.07 | 1 | 11 | ||||||
08-31-2018 | 11.44 | 0.18 | (0.12) | 0.06 | (0.21) | (0.18) | (0.39) | 11.11 | 0.54 | 1.01 | 0.68 | 1.67 | 1 | 7 | ||||||
08-31-2017 | 11.39 | 0.18 | 0.08 | 0.26 | (0.17) | (0.04) | (0.21) | 11.44 | 2.34 | 0.89 | 0.59 | 1.61 | —8 | 5 | ||||||
08-31-2016 | 11.23 | 0.15 | 0.33 | 0.48 | (0.16) | (0.16) | (0.32) | 11.39 | 4.41 | 0.94 | 0.67 | 1.39 | —8 | 179 | ||||||
08-31-2015 | 11.50 | 0.14 | (0.18) | (0.04) | (0.14) | (0.09) | (0.23) | 11.23 | (0.38) | 4.59 | 0.82 | 1.24 | —8 | 32 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20205 | 11.46 | 0.13 | 0.04 | 0.17 | (0.30) | (0.12) | (0.42) | 11.21 | 1.476 | 0.917 | 0.487 | 2.357 | 1 | 50 | ||||||
08-31-2019 | 11.12 | 0.24 | 0.49 | 0.73 | (0.27) | (0.12) | (0.39) | 11.46 | 6.83 | 0.85 | 0.43 | 2.20 | —8 | 11 | ||||||
08-31-2018 | 11.44 | 0.23 | (0.13) | 0.10 | (0.24) | (0.18) | (0.42) | 11.12 | 0.87 | 0.80 | 0.37 | 2.05 | —8 | 7 | ||||||
08-31-2017 | 11.39 | 0.21 | 0.07 | 0.28 | (0.19) | (0.04) | (0.23) | 11.44 | 2.55 | 0.78 | 0.38 | 1.83 | —8 | 5 | ||||||
08-31-2016 | 11.22 | 0.18 | 0.33 | 0.51 | (0.18) | (0.16) | (0.34) | 11.39 | 4.65 | 0.81 | 0.45 | 1.64 | —8 | 179 | ||||||
08-31-2015 | 11.50 | 0.17 | (0.19) | (0.02) | (0.17) | (0.09) | (0.26) | 11.22 | (0.22) | 5.29 | 0.65 | 1.46 | —8 | 32 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20205 | 11.45 | 0.14 | 0.03 | 0.17 | (0.32) | (0.12) | (0.44) | 11.18 | 1.536 | 0.587 | 0.247 | 2.517 | 24 | 50 | ||||||
08-31-2019 | 11.11 | 0.28 | 0.47 | 0.75 | (0.29) | (0.12) | (0.41) | 11.45 | 7.03 | 0.56 | 0.22 | 2.51 | 20 | 11 | ||||||
08-31-2018 | 11.42 | 0.24 | (0.11) | 0.13 | (0.26) | (0.18) | (0.44) | 11.11 | 1.13 | 0.55 | 0.21 | 2.17 | 10 | 7 | ||||||
08-31-2017 | 11.37 | 0.21 | 0.09 | 0.30 | (0.21) | (0.04) | (0.25) | 11.42 | 2.73 | 0.53 | 0.21 | 1.86 | 6 | 5 | ||||||
08-31-2016 | 11.22 | 0.16 | 0.35 | 0.51 | (0.20) | (0.16) | (0.36) | 11.37 | 4.66 | 0.56 | 0.28 | 1.55 | 2 | 179 | ||||||
08-31-2015 | 11.51 | 0.19 | (0.19) | — | (0.20) | (0.09) | (0.29) | 11.22 | (0.05) | 2.82 | 0.46 | 1.65 | —8 | 32 | ||||||
Class 1 | ||||||||||||||||||||
02-29-20205 | 11.46 | 0.14 | 0.03 | 0.17 | (0.32) | (0.12) | (0.44) | 11.19 | 1.486 | 0.617 | 0.297 | 2.537 | 299 | 50 | ||||||
08-31-2019 | 11.11 | 0.29 | 0.46 | 0.75 | (0.28) | (0.12) | (0.40) | 11.46 | 7.06 | 0.60 | 0.27 | 2.59 | 339 | 11 | ||||||
08-31-2018 | 11.43 | 0.24 | (0.13) | 0.11 | (0.25) | (0.18) | (0.43) | 11.11 | 0.99 | 0.59 | 0.26 | 2.19 | 394 | 7 | ||||||
08-31-2017 | 11.38 | 0.22 | 0.08 | 0.30 | (0.21) | (0.04) | (0.25) | 11.43 | 2.68 | 0.56 | 0.26 | 1.96 | 499 | 5 | ||||||
08-31-2016 | 11.22 | 0.20 | 0.31 | 0.51 | (0.19) | (0.16) | (0.35) | 11.38 | 4.70 | 0.59 | 0.33 | 1.78 | 627 | 179 | ||||||
08-31-2015 | 11.51 | 0.18 | (0.19) | (0.01) | (0.19) | (0.09) | (0.28) | 11.22 | (0.10) | 0.55 | 0.51 | 1.60 | 404 | 32 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
5 Six months ended 2-29-20. Unaudited. |
6 Not annualized. |
7 Annualized. |
8 Less than $500,000. |
9 Excludes merger activity. |
42 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Notes to financial statements (unaudited) |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multi-Index 2060 Preservation Portfolio | ||||
Investments in securities: |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 43 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multi-Index 2060 Preservation Portfolio (continued) | ||||
Assets | ||||
Affiliated investment companies | $76,492,089 | $76,492,089 | — | — |
Unaffiliated investment companies | 26,712,534 | 26,712,534 | — | — |
U.S. Government and Agency obligations | 8,859,181 | — | $8,859,181 | — |
Short-term investments | 128,681 | 128,681 | — | — |
Total investments in securities | $112,192,485 | $103,333,304 | $8,859,181 | — |
Multi-Index 2055 Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $186,399,773 | $186,399,773 | — | — |
Unaffiliated investment companies | 64,681,679 | 64,681,679 | — | — |
U.S. Government and Agency obligations | 22,583,350 | — | $22,583,350 | — |
Short-term investments | 178,954 | 178,954 | — | — |
Total investments in securities | $273,843,756 | $251,260,406 | $22,583,350 | — |
Multi-Index 2050 Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $418,306,994 | $418,306,994 | — | — |
Unaffiliated investment companies | 145,049,200 | 145,049,200 | — | — |
U.S. Government and Agency obligations | 50,696,053 | — | $50,696,053 | — |
Short-term investments | 278,440 | 278,440 | — | — |
Total investments in securities | $614,330,687 | $563,634,634 | $50,696,053 | — |
Multi-Index 2045 Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $505,302,327 | $505,302,327 | — | — |
Unaffiliated investment companies | 187,768,153 | 187,768,153 | — | — |
U.S. Government and Agency obligations | 62,240,838 | — | $62,240,838 | — |
Short-term investments | 6,256,276 | 6,256,276 | — | — |
Total investments in securities | $761,567,594 | $699,326,756 | $62,240,838 | — |
Multi-Index 2040 Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $580,988,587 | $580,988,587 | — | — |
Unaffiliated investment companies | 265,637,895 | 265,637,895 | — | — |
U.S. Government and Agency obligations | 76,001,993 | — | $76,001,993 | — |
Short-term investments | 740,434 | 740,434 | — | — |
Total investments in securities | $923,368,909 | $847,366,916 | $76,001,993 | — |
Multi-Index 2035 Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $646,847,310 | $646,847,310 | — | — |
Unaffiliated investment companies | 421,474,188 | 421,474,188 | — | — |
U.S. Government and Agency obligations | 95,268,359 | — | $95,268,359 | — |
Short-term investments | 8,038,617 | 8,038,617 | — | — |
Total investments in securities | $1,171,628,474 | $1,076,360,115 | $95,268,359 | — |
44 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multi-Index 2030 Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $534,447,758 | $534,447,758 | — | — |
Unaffiliated investment companies | 692,050,271 | 692,050,271 | — | — |
U.S. Government and Agency obligations | 106,718,256 | — | $106,718,256 | — |
Short-term investments | 10,698,365 | 10,698,365 | — | — |
Total investments in securities | $1,343,914,650 | $1,237,196,394 | $106,718,256 | — |
Multi-Index 2025 Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $300,957,540 | $300,957,540 | — | — |
Unaffiliated investment companies | 775,675,675 | 775,675,675 | — | — |
U.S. Government and Agency obligations | 125,149,528 | — | $125,149,528 | — |
Short-term investments | 1,052 | 1,052 | — | — |
Total investments in securities | $1,201,783,795 | $1,076,634,267 | $125,149,528 | — |
Multi-Index 2020 Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $32,216,960 | $32,216,960 | — | — |
Unaffiliated investment companies | 473,991,878 | 473,991,878 | — | — |
U.S. Government and Agency obligations | 71,226,251 | — | $71,226,251 | — |
Short-term investments | 34,273,893 | 34,273,893 | — | — |
Total investments in securities | $611,708,982 | $540,482,731 | $71,226,251 | — |
Multi-Index Income Preservation Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $17,921,937 | $17,921,937 | — | — |
Unaffiliated investment companies | 264,964,422 | 264,964,422 | — | — |
U.S. Government and Agency obligations | 40,017,160 | — | $40,017,160 | — |
Short-term investments | 24,442,727 | 24,442,727 | — | — |
Total investments in securities | $347,346,246 | $307,329,086 | $40,017,160 | — |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 45 |
Portfolio | Market value of securities on loan | Cash collateral received |
Multi-Index 2045 Preservation Portfolio | $5,638,776 | $5,751,666 |
Multi-Index 2040 Preservation Portfolio | 713,318 | 727,601 |
Multi-Index 2035 Preservation Portfolio | 7,855,276 | 8,012,541 |
Multi-Index 2030 Preservation Portfolio | 10,457,502 | 10,670,784 |
Multi-Index 2020 Preservation Portfolio | 31,754,504 | 32,651,240 |
Multi-Index Income Preservation Portfolio | 23,307,281 | 23,939,275 |
Portfolio | Commitment fee |
Multi-Index 2060 Preservation Portfolio | $1,127 |
Multi-Index 2055 Preservation Portfolio | 1,336 |
Multi-Index 2050 Preservation Portfolio | 1,734 |
Multi-Index 2045 Preservation Portfolio | 1,922 |
Multi-Index 2040 Preservation Portfolio | 2,129 |
Multi-Index 2035 Preservation Portfolio | 2,421 |
Multi-Index 2030 Preservation Portfolio | 2,626 |
Multi-Index 2025 Preservation Portfolio | 2,501 |
Multi-Index 2020 Preservation Portfolio | 1,789 |
Multi-Index Income Preservation Portfolio | 1,461 |
46 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Portfolio | Aggregate cost | Unrealized appreciation | Unrealized (depreciation) | Net unrealized appreciation/ (depreciation) |
Multi-Index 2060 Preservation Portfolio | $119,614,034 | $2,181,947 | $(9,603,496) | $(7,421,549) |
Multi-Index 2055 Preservation Portfolio | 292,926,639 | 6,800,934 | (25,883,817) | (19,082,883) |
Multi-Index 2050 Preservation Portfolio | 627,483,850 | 17,069,898 | (30,223,061) | (13,153,163) |
Multi-Index 2045 Preservation Portfolio | 757,535,305 | 14,312,624 | (10,280,335) | 4,032,289 |
Multi-Index 2040 Preservation Portfolio | 904,386,169 | 26,220,128 | (7,237,388) | 18,982,740 |
Multi-Index 2035 Preservation Portfolio | 1,125,991,306 | 53,592,093 | (7,954,925) | 45,637,168 |
Multi-Index 2030 Preservation Portfolio | 1,271,462,551 | 81,945,410 | (9,493,311) | 72,452,099 |
Multi-Index 2025 Preservation Portfolio | 1,140,322,852 | 68,722,601 | (7,261,658) | 61,460,943 |
Multi-Index 2020 Preservation Portfolio | 597,279,450 | 18,463,624 | (4,034,092) | 14,429,532 |
Multi-Index Income Preservation Portfolio | 341,082,197 | 8,624,246 | (2,360,197) | 6,264,049 |
First $7.5 billion of aggregate net assets | Excess over $7.5 billion of aggregate net assets | |
Assets in a fund of the Trust or JHF III | 0.060% | 0.050% |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 47 |
First $7.5 billion of aggregate net assets | Excess over $7.5 billion of aggregate net assets | |
Other assets | 0.510% | 0.500% |
Portfolio | Expense limitation as a percentage of average net assets |
Multi-Index 2060 Preservation Portfolio | 0.37% |
Multi-Index 2055 Preservation Portfolio | 0.38% |
Multi-Index 2050 Preservation Portfolio | 0.38% |
Multi-Index 2045 Preservation Portfolio | 0.37% |
Multi-Index 2040 Preservation Portfolio | 0.36% |
Portfolio | Expense limitation as a percentage of average net assets |
Multi-Index 2035 Preservation Portfolio | 0.36% |
Multi-Index 2030 Preservation Portfolio | 0.36% |
Multi-Index 2025 Preservation Portfolio | 0.35% |
Multi-Index 2020 Preservation Portfolio | 0.33% |
Multi-Index Income Preservation Portfolio | 0.34% |
Expense reimbursement by class | ||||||
Portfolio | Class R1 | Class R2 | Class R4 | Class R6 | Class 1 | Total |
Multi-Index 2060 Preservation Portfolio | $180 | $327 | $223 | $9,411 | $191,739 | $201,880 |
Multi-Index 2055 Preservation Portfolio | 61 | 261 | 62 | 2,436 | 381,437 | 384,257 |
Multi-Index 2050 Preservation Portfolio | 551 | 953 | 1,008 | 96,867 | 668,069 | 767,448 |
Multi-Index 2045 Preservation Portfolio | 490 | 641 | 58 | 90,564 | 857,090 | 948,843 |
Multi-Index 2040 Preservation Portfolio | 355 | 459 | 184 | 111,899 | 1,115,403 | 1,228,300 |
Multi-Index 2035 Preservation Portfolio | 937 | 1,790 | 87 | 135,607 | 1,572,511 | 1,710,932 |
Multi-Index 2030 Preservation Portfolio | 1,114 | 963 | 1,860 | 147,133 | 1,787,659 | 1,938,729 |
Multi-Index 2025 Preservation Portfolio | 486 | 2,163 | 99 | 112,506 | 1,641,836 | 1,757,090 |
Multi-Index 2020 Preservation Portfolio | 321 | 1,853 | 201 | 67,388 | 883,773 | 953,536 |
Multi-Index Income Preservation Portfolio | 294 | 1,082 | 715 | 37,259 | 511,821 | 551,171 |
Portfolio | Net Annual Effective Rate |
Multi-Index 2060 Preservation Portfolio | 0.00% |
Multi-Index 2055 Preservation Portfolio | 0.00% |
Multi-Index 2050 Preservation Portfolio | 0.00% |
Multi-Index 2045 Preservation Portfolio | 0.00% |
Multi-Index 2040 Preservation Portfolio | 0.00% |
Portfolio | Net Annual Effective Rate |
Multi-Index 2035 Preservation Portfolio | 0.00% |
Multi-Index 2030 Preservation Portfolio | 0.02% |
Multi-Index 2025 Preservation Portfolio | 0.10% |
Multi-Index 2020 Preservation Portfolio | 0.14% |
Multi-Index Income Preservation Portfolio | 0.16% |
48 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Class | Rule 12b-1 Fee | Service fee |
Class R1 | 0.50% | 0.25% |
Class R2 | 0.25% | 0.25% |
Class R4 | 0.25% | 0.10% |
Class 1 | 0.05% | — |
Portfolio | Class R4 |
Multi-Index 2060 Preservation Portfolio | $59 |
Multi-Index 2055 Preservation Portfolio | 23 |
Multi-Index 2050 Preservation Portfolio | 409 |
Multi-Index 2045 Preservation Portfolio | 24 |
Multi-Index 2040 Preservation Portfolio | 72 |
Portfolio | Class R4 |
Multi-Index 2035 Preservation Portfolio | $31 |
Multi-Index 2030 Preservation Portfolio | 653 |
Multi-Index 2025 Preservation Portfolio | 35 |
Multi-Index 2020 Preservation Portfolio | 64 |
Multi-Index Income Preservation Portfolio | 217 |
Portfolio | Class | Distribution and service fees | Transfer agent fees |
Multi-Index 2060 Preservation Portfolio | Class R1 | $251 | $6 |
Class R2 | 370 | 11 | |
Class R4 | 148 | 8 | |
Class R6 | — | 314 | |
Class 1 | 25,344 | — | |
Total | $26,113 | $339 | |
Multi-Index 2055 Preservation Portfolio | Class R1 | $111 | $3 |
Class R2 | 429 | 13 | |
Class R4 | 58 | 3 | |
Class R6 | — | 111 | |
Class 1 | 70,251 | — | |
Total | $70,849 | $130 | |
Multi-Index 2050 Preservation Portfolio | Class R1 | $1,715 | $30 |
Class R2 | 2,010 | 53 | |
Class R4 | 1,390 | 54 | |
Class R6 | — | 5,001 | |
Class 1 | 138,951 | — | |
Total | $144,066 | $5,138 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 49 |
Portfolio | Class | Distribution and service fees | Transfer agent fees |
Multi-Index 2045 Preservation Portfolio | Class R1 | $1,479 | $27 |
Class R2 | 1,350 | 36 | |
Class R4 | 60 | 3 | |
Class R6 | — | 4,677 | |
Class 1 | 178,447 | — | |
Total | $181,336 | $4,743 | |
Multi-Index 2040 Preservation Portfolio | Class R1 | $999 | $19 |
Class R2 | 914 | 24 | |
Class R4 | 223 | 9 | |
Class R6 | — | 5,490 | |
Class 1 | 219,648 | — | |
Total | $221,784 | $5,542 | |
Multi-Index 2035 Preservation Portfolio | Class R1 | $2,109 | $44 |
Class R2 | 3,200 | 85 | |
Class R4 | 82 | 3 | |
Class R6 | — | 6,031 | |
Class 1 | 279,183 | — | |
Total | $284,574 | $6,163 | |
Multi-Index 2030 Preservation Portfolio | Class R1 | $2,779 | $52 |
Class R2 | 1,722 | 46 | |
Class R4 | 2,254 | 86 | |
Class R6 | — | 6,538 | |
Class 1 | 317,174 | — | |
Total | $323,929 | $6,722 | |
Multi-Index 2025 Preservation Portfolio | Class R1 | $1,168 | $23 |
Class R2 | 3,834 | 101 | |
Class R4 | 97 | 4 | |
Class R6 | — | 4,991 | |
Class 1 | 290,381 | — | |
Total | $295,480 | $5,119 | |
Multi-Index 2020 Preservation Portfolio | Class R1 | $762 | $13 |
Class R2 | 2,936 | 77 | |
Class R4 | 200 | 9 | |
Class R6 | — | 2,691 | |
Class 1 | 140,156 | — | |
Total | $144,054 | $2,790 | |
Multi-Index Income Preservation Portfolio | Class R1 | $605 | $12 |
Class R2 | 1,669 | 44 | |
Class R4 | 712 | 29 | |
Class R6 | — | 1,452 | |
Class 1 | 79,192 | — | |
Total | $82,178 | $1,537 |
Multi-Index 2060 Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 3,634 | $43,671 | 3,110 | $36,128 |
Distributions reinvested | 316 | 3,769 | — | — |
Repurchased | (22) | (272) | (1,448) | (17,004) |
50 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Multi-Index 2060 Preservation Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net increase | 3,928 | $47,168 | 1,662 | $19,124 |
Class R2 shares | ||||
Sold | 1,973 | $23,827 | 12,446 | $148,048 |
Distributions reinvested | 765 | 9,129 | 564 | 5,831 |
Repurchased | (44) | (550) | (4,451) | (52,707) |
Net increase | 2,694 | $32,406 | 8,559 | $101,172 |
Class R4 shares | ||||
Sold | 1,401 | $17,167 | 1,119 | $13,143 |
Distributions reinvested | 458 | 5,459 | 309 | 3,196 |
Repurchased | (107) | (1,283) | (62) | (737) |
Net increase | 1,752 | $21,343 | 1,366 | $15,602 |
Class R6 shares | ||||
Sold | 295,496 | $3,593,065 | 299,819 | $3,494,897 |
Distributions reinvested | 33,035 | 394,107 | 9,618 | 99,454 |
Repurchased | (79,893) | (950,186) | (106,187) | (1,213,812) |
Net increase | 248,638 | $3,036,986 | 203,250 | $2,380,539 |
Class 1 shares | ||||
Sold | 1,475,139 | $17,853,031 | 3,047,506 | $35,597,171 |
Distributions reinvested | 651,565 | 7,773,171 | 457,740 | 4,728,450 |
Repurchased | (294,848) | (3,569,290) | (451,792) | (5,159,715) |
Net increase | 1,831,856 | $22,056,912 | 3,053,454 | $35,165,906 |
Total net increase | 2,088,868 | $25,194,815 | 3,268,291 | $37,682,343 |
Multi-Index 2055 Preservation Portfolio | Six Months Ended 2-29-201 | Year Ended 8-31-191 | ||
Shares | Amount | Shares | Amount | |
Class R2 shares | ||||
Sold | 3,262 | $36,155 | 5,800 | $62,936 |
Distributions reinvested | 1,338 | 14,425 | 843 | 8,061 |
Repurchased | — | — | (193) | (2,113) |
Net increase | 4,600 | $50,580 | 6,450 | $68,884 |
Class R4 shares | ||||
Sold | 203 | $2,340 | 42 | $455 |
Distributions reinvested | 23 | 246 | — | — |
Net increase | 226 | $2,586 | 42 | $455 |
Class R6 shares | ||||
Sold | 110,417 | $1,220,866 | 88,583 | $951,263 |
Distributions reinvested | 16,142 | 173,850 | 4,246 | 40,594 |
Repurchased | (35,629) | (393,492) | (10,754) | (117,146) |
Net increase | 90,930 | $1,001,224 | 82,075 | $874,711 |
Class 1 shares | ||||
Sold | 1,302,047 | $14,435,835 | 3,202,580 | $34,774,292 |
Distributions reinvested | 2,562,621 | 27,599,428 | 2,732,274 | 26,093,220 |
Repurchased | (1,440,790) | (15,959,150) | (2,035,797) | (22,149,092) |
Net increase | 2,423,878 | $26,076,113 | 3,899,057 | $38,718,420 |
Total net increase | 2,519,634 | $27,130,503 | 3,987,624 | $39,662,470 |
1 | There were no share transactions for Class R1 for the six months ended February 29, 2020 and year ended August 31, 2019. |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 51 |
Multi-Index 2050 Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 11,643 | $143,480 | 19,456 | $239,093 |
Distributions reinvested | 2,774 | 33,400 | 2,294 | 24,597 |
Repurchased | (1,851) | (22,954) | (14,352) | (178,016) |
Net increase | 12,566 | $153,926 | 7,398 | $85,674 |
Class R2 shares | ||||
Sold | 10,225 | $124,967 | 48,556 | $588,051 |
Distributions reinvested | 5,605 | 67,372 | 6,002 | 64,223 |
Repurchased | (9,941) | (125,933) | (61,870) | (752,739) |
Net increase (decrease) | 5,889 | $66,406 | (7,312) | $(100,465) |
Class R4 shares | ||||
Sold | 69,795 | $903,416 | 28,951 | $345,864 |
Distributions reinvested | 10,067 | 121,210 | 28 | 305 |
Repurchased | (8,022) | (99,931) | (6) | (75) |
Net increase | 71,840 | $924,695 | 28,973 | $346,094 |
Class R6 shares | ||||
Sold | 2,301,568 | $28,487,142 | 3,743,422 | $45,144,155 |
Distributions reinvested | 668,372 | 8,007,101 | 393,443 | 4,194,100 |
Repurchased | (916,066) | (11,314,021) | (959,958) | (11,661,179) |
Net increase | 2,053,874 | $25,180,222 | 3,176,907 | $37,677,076 |
Class 1 shares | ||||
Sold | 1,127,289 | $14,029,613 | 2,748,461 | $33,552,020 |
Distributions reinvested | 4,681,862 | 56,088,706 | 6,008,900 | 64,114,967 |
Repurchased | (3,084,970) | (38,290,842) | (6,301,861) | (76,358,017) |
Net increase | 2,724,181 | $31,827,477 | 2,455,500 | $21,308,970 |
Total net increase | 4,868,350 | $58,152,726 | 5,661,466 | $59,317,349 |
Multi-Index 2045 Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 3,137 | $43,520 | 9,002 | $121,436 |
Distributions reinvested | 2,285 | 30,923 | 2,785 | 33,616 |
Repurchased | (605) | (8,416) | (16,717) | (226,159) |
Net increase (decrease) | 4,817 | $66,027 | (4,930) | $(71,107) |
Class R2 shares | ||||
Sold | 8,992 | $124,718 | 21,399 | $290,771 |
Distributions reinvested | 3,773 | 51,010 | 4,103 | 49,484 |
Repurchased | (1,560) | (21,775) | (60,388) | (857,473) |
Net increase (decrease) | 11,205 | $153,953 | (34,886) | $(517,218) |
Class R4 shares | ||||
Sold | 440 | $6,358 | 127 | $1,746 |
Distributions reinvested | 53 | 719 | — | — |
Repurchased | — | — | (9) | (120) |
Net increase | 493 | $7,077 | 118 | $1,626 |
Class R6 shares | ||||
Sold | 1,909,756 | $26,591,367 | 2,822,164 | $38,572,513 |
Distributions reinvested | 557,030 | 7,508,762 | 360,400 | 4,332,011 |
Repurchased | (676,946) | (9,399,849) | (900,748) | (12,367,280) |
52 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Multi-Index 2045 Preservation Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net increase | 1,789,840 | $24,700,280 | 2,281,816 | $30,537,244 |
Class 1 shares | ||||
Sold | 1,037,975 | $14,422,069 | 2,540,426 | $34,838,775 |
Distributions reinvested | 5,332,786 | 71,885,959 | 6,905,298 | 83,001,677 |
Repurchased | (4,045,139) | (56,734,901) | (7,205,411) | (99,188,956) |
Net increase | 2,325,622 | $29,573,127 | 2,240,313 | $18,651,496 |
Total net increase | 4,131,977 | $54,500,464 | 4,482,431 | $48,602,041 |
Multi-Index 2040 Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 2,800 | $38,226 | 9,411 | $126,473 |
Distributions reinvested | 1,026 | 13,724 | 1,533 | 18,384 |
Repurchased | (745) | (10,155) | (7,926) | (106,478) |
Net increase | 3,081 | $41,795 | 3,018 | $38,379 |
Class R2 shares | ||||
Sold | 3,860 | $53,103 | 17,183 | $231,124 |
Distributions reinvested | 2,041 | 27,289 | 3,576 | 42,802 |
Repurchased | (2,777) | (38,934) | (32,093) | (431,798) |
Net increase (decrease) | 3,124 | $41,458 | (11,334) | $(157,872) |
Class R4 shares | ||||
Sold | 6,768 | $97,120 | 4,368 | $58,309 |
Distributions reinvested | 1,004 | 13,476 | 29 | 348 |
Repurchased | (373) | (5,310) | (686) | (9,317) |
Net increase | 7,399 | $105,286 | 3,711 | $49,340 |
Class R6 shares | ||||
Sold | 1,984,502 | $27,281,923 | 3,525,674 | $47,396,317 |
Distributions reinvested | 639,959 | 8,511,460 | 429,618 | 5,121,049 |
Repurchased | (826,760) | (11,344,144) | (1,044,643) | (14,166,903) |
Net increase | 1,797,701 | $24,449,239 | 2,910,649 | $38,350,463 |
Class 1 shares | ||||
Sold | 1,114,490 | $15,436,357 | 2,577,821 | $35,463,258 |
Distributions reinvested | 6,451,654 | 86,000,544 | 8,758,356 | 104,487,193 |
Repurchased | (5,034,725) | (69,985,669) | (9,391,111) | (128,161,158) |
Net increase | 2,531,419 | $31,451,232 | 1,945,066 | $11,789,293 |
Total net increase | 4,342,724 | $56,089,010 | 4,851,110 | $50,069,603 |
Multi-Index 2035 Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 2,443 | $33,141 | 7,509 | $99,656 |
Distributions reinvested | 3,768 | 49,960 | 10,451 | 124,573 |
Repurchased | (1,871) | (25,393) | (63,613) | (806,642) |
Net increase (decrease) | 4,340 | $57,708 | (45,653) | $(582,413) |
Class R2 shares | ||||
Sold | 5,998 | $81,068 | 40,385 | $539,969 |
Distributions reinvested | 7,174 | 94,769 | 8,668 | 103,068 |
Repurchased | (5,723) | (79,039) | (67,261) | (922,660) |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 53 |
Multi-Index 2035 Preservation Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net increase (decrease) | 7,449 | $96,798 | (18,208) | $(279,623) |
Class R4 shares | ||||
Sold | 1,208 | $16,878 | 688 | $9,196 |
Distributions reinvested | 158 | 2,091 | — | — |
Net increase | 1,366 | $18,969 | 688 | $9,196 |
Class R6 shares | ||||
Sold | 2,177,630 | $29,583,749 | 3,763,397 | $50,118,375 |
Distributions reinvested | 657,108 | 8,660,679 | 491,002 | 5,823,282 |
Repurchased | (982,593) | (13,282,668) | (1,186,877) | (15,827,515) |
Net increase | 1,852,145 | $24,961,760 | 3,067,522 | $40,114,142 |
Class 1 shares | ||||
Sold | 1,190,871 | $16,328,848 | 3,261,897 | $43,483,195 |
Distributions reinvested | 7,675,045 | 101,080,336 | 10,647,487 | 126,172,725 |
Repurchased | (6,686,001) | (91,048,540) | (12,067,282) | (162,832,982) |
Net increase | 2,179,915 | $26,360,644 | 1,842,102 | $6,822,938 |
Total net increase | 4,045,215 | $51,495,879 | 4,846,451 | $46,084,240 |
Multi-Index 2030 Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 6,798 | $89,884 | 31,840 | $410,870 |
Distributions reinvested | 2,930 | 37,950 | 3,812 | 44,947 |
Repurchased | (25,113) | (333,331) | (61,412) | (749,711) |
Net decrease | (15,385) | $(205,497) | (25,760) | $(293,894) |
Class R2 shares | ||||
Sold | 5,522 | $73,115 | 36,824 | $471,509 |
Distributions reinvested | 2,787 | 35,983 | 5,518 | 64,839 |
Repurchased | (6,671) | (90,621) | (67,318) | (885,980) |
Net increase (decrease) | 1,638 | $18,477 | (24,976) | $(349,632) |
Class R4 shares | ||||
Sold | 61,107 | $840,457 | 64,235 | $827,420 |
Distributions reinvested | 9,902 | 128,526 | — | — |
Repurchased | (4,431) | (59,989) | — | — |
Net increase | 66,578 | $908,994 | 64,235 | $827,420 |
Class R6 shares | ||||
Sold | 2,280,292 | $30,217,841 | 4,462,309 | $57,461,999 |
Distributions reinvested | 625,789 | 8,060,166 | 418,652 | 4,906,584 |
Repurchased | (925,840) | (12,261,288) | (1,235,860) | (16,112,810) |
Net increase | 1,980,241 | $26,016,719 | 3,645,101 | $46,255,773 |
Class 1 shares | ||||
Sold | 1,603,310 | $21,282,512 | 3,462,788 | $45,190,001 |
Distributions reinvested | 7,674,444 | 98,923,584 | 11,299,520 | 132,543,363 |
Repurchased | (8,746,081) | (116,302,521) | (14,543,945) | (190,623,273) |
Net increase (decrease) | 531,673 | $3,903,575 | 218,363 | $(12,889,909) |
Total net increase | 2,564,745 | $30,642,268 | 3,876,963 | $33,549,758 |
54 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Multi-Index 2025 Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 1,463 | $18,153 | 6,132 | $75,288 |
Distributions reinvested | 760 | 9,342 | 1,098 | 12,534 |
Repurchased | (1,222) | (15,221) | (9,135) | (113,292) |
Net increase (decrease) | 1,001 | $12,274 | (1,905) | $(25,470) |
Class R2 shares | ||||
Sold | 7,691 | $97,041 | 19,333 | $237,270 |
Distributions reinvested | 7,847 | 96,366 | 9,101 | 103,845 |
Repurchased | (1,963) | (25,183) | (23,814) | (299,822) |
Net increase | 13,575 | $168,224 | 4,620 | $41,293 |
Class R4 shares | ||||
Sold | 1,304 | $16,223 | 577 | $7,168 |
Distributions reinvested | 123 | 1,514 | 93 | 1,063 |
Repurchased | (8) | (97) | (31) | (387) |
Net increase | 1,419 | $17,640 | 639 | $7,844 |
Class R6 shares | ||||
Sold | 1,957,631 | $24,665,775 | 3,822,441 | $47,032,557 |
Distributions reinvested | 439,729 | 5,377,884 | 312,305 | 3,550,905 |
Repurchased | (1,214,707) | (15,293,054) | (1,274,172) | (15,773,419) |
Net increase | 1,182,653 | $14,750,605 | 2,860,574 | $34,810,043 |
Class 1 shares | ||||
Sold | 1,201,746 | $15,078,168 | 2,072,072 | $25,570,099 |
Distributions reinvested | 6,467,480 | 79,097,274 | 9,344,988 | 106,252,510 |
Repurchased | (9,256,460) | (117,005,471) | (17,258,590) | (214,109,445) |
Net decrease | (1,587,234) | $(22,830,029) | (5,841,530) | $(82,286,836) |
Total net decrease | (388,586) | $(7,881,286) | (2,977,602) | $(47,453,126) |
Multi-Index 2020 Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 1,019 | $11,850 | 2,291 | $26,018 |
Distributions reinvested | 761 | 8,673 | 929 | 9,975 |
Repurchased | (172) | (2,004) | (2,624) | (30,005) |
Net increase | 1,608 | $18,519 | 596 | $5,988 |
Class R2 shares | ||||
Sold | 4,709 | $54,342 | 14,602 | $163,909 |
Distributions reinvested | 3,522 | 40,084 | 4,401 | 47,219 |
Repurchased | (434) | (5,040) | (20,093) | (228,320) |
Net increase (decrease) | 7,797 | $89,386 | (1,090) | $(17,192) |
Class R4 shares | ||||
Sold | 1,438 | $17,031 | 6,648 | $75,098 |
Distributions reinvested | 370 | 4,205 | — | — |
Repurchased | (224) | (2,625) | (385) | (4,461) |
Net increase | 1,584 | $18,611 | 6,263 | $70,637 |
Class R6 shares | ||||
Sold | 1,099,302 | $12,777,684 | 2,296,812 | $25,897,714 |
Distributions reinvested | 183,336 | 2,077,199 | 151,818 | 1,621,417 |
Repurchased | (738,585) | (8,567,238) | (999,623) | (11,312,141) |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 55 |
Multi-Index 2020 Preservation Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net increase | 544,053 | $6,287,645 | 1,449,007 | $16,206,990 |
Class 1 shares | ||||
Sold | 570,500 | $6,624,411 | 1,644,961 | $18,650,648 |
Distributions reinvested | 2,396,462 | 27,127,950 | 3,920,044 | 41,826,866 |
Repurchased | (6,815,717) | (79,370,453) | (14,636,881) | (165,890,122) |
Net decrease | (3,848,755) | $(45,618,092) | (9,071,876) | $(105,412,608) |
Total net decrease | (3,293,713) | $(39,203,931) | (7,617,100) | $(89,146,185) |
Multi-Index Income Preservation Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 975 | $11,084 | 1,534 | $16,938 |
Distributions reinvested | 243 | 2,725 | 188 | 2,001 |
Repurchased | (1,139) | (12,803) | (531) | (5,875) |
Net increase | 79 | $1,006 | 1,191 | $13,064 |
Class R2 shares | ||||
Sold | 2,471 | $28,028 | 19,188 | $212,194 |
Distributions reinvested | 1,586 | 17,750 | 1,280 | 13,599 |
Repurchased | (14,726) | (167,265) | (3,882) | (42,982) |
Net increase (decrease) | (10,669) | $(121,487) | 16,586 | $182,811 |
Class R4 shares | ||||
Sold | 39,902 | $459,714 | 14,840 | $164,471 |
Distributions reinvested | 1,946 | 21,742 | 5 | 58 |
Repurchased | (1,509) | (17,260) | (904) | (10,318) |
Net increase | 40,339 | $464,196 | 13,941 | $154,211 |
Class R6 shares | ||||
Sold | 600,672 | $6,836,641 | 1,206,912 | $13,229,364 |
Distributions reinvested | 76,312 | 850,117 | 38,076 | 402,849 |
Repurchased | (270,978) | (3,072,779) | (441,681) | (4,902,584) |
Net increase | 406,006 | $4,613,979 | 803,307 | $8,729,629 |
Class 1 shares | ||||
Sold | 651,348 | $7,391,423 | 1,553,675 | $16,989,137 |
Distributions reinvested | 1,054,440 | 11,757,001 | 1,244,143 | 13,175,471 |
Repurchased | (4,626,893) | (52,769,590) | (8,620,537) | (95,066,668) |
Net decrease | (2,921,105) | $(33,621,166) | (5,822,719) | $(64,902,060) |
Total net decrease | (2,485,350) | $(28,663,472) | (4,987,694) | $(55,822,345) |
Portfolio | Class | % by Class |
Multi-Index 2060 Preservation Portfolio | R1 | 42% |
Multi-Index 2060 Preservation Portfolio | R2 | 25% |
Multi-Index 2060 Preservation Portfolio | R4 | 37% |
Multi-Index 2060 Preservation Portfolio | 1 | 100% |
Multi-Index 2055 Preservation Portfolio | R1 | 100% |
Multi-Index 2055 Preservation Portfolio | R2 | 20% |
Multi-Index 2055 Preservation Portfolio | R4 | 94% |
Multi-Index 2055 Preservation Portfolio | 1 | 100% |
Multi-Index 2050 Preservation Portfolio | 1 | 100% |
Multi-Index 2045 Preservation Portfolio | R4 | 84% |
56 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Portfolio | Class | % by Class |
Multi-Index 2045 Preservation Portfolio | 1 | 100% |
Multi-Index 2040 Preservation Portfolio | R4 | 22% |
Multi-Index 2040 Preservation Portfolio | 1 | 100% |
Multi-Index 2035 Preservation Portfolio | R4 | 61% |
Multi-Index 2035 Preservation Portfolio | 1 | 100% |
Multi-Index 2030 Preservation Portfolio | 1 | 100% |
Multi-Index 2025 Preservation Portfolio | R4 | 56% |
Multi-Index 2025 Preservation Portfolio | 1 | 100% |
Multi-Index 2020 Preservation Portfolio | R4 | 34% |
Multi-Index 2020 Preservation Portfolio | 1 | 100% |
Multi-Index Income Preservation Portfolio | R1 | 27% |
Multi-Index Income Preservation Portfolio | R4 | 7% |
Multi-Index Income Preservation Portfolio | 1 | 100% |
Purchases | Sales | |||
Portfolio | U.S. Government | Other issuers | U.S. Government | Other issuers |
Multi-Index 2060 Preservation Portfolio | $7,729,879 | $34,921,731 | — | $21,615,157 |
Multi-Index 2055 Preservation Portfolio | 19,694,546 | 55,205,882 | — | 64,838,458 |
Multi-Index 2050 Preservation Portfolio | 44,214,111 | 118,996,793 | — | 145,530,659 |
Multi-Index 2045 Preservation Portfolio | 54,282,979 | 141,180,978 | — | 192,672,997 |
Multi-Index 2040 Preservation Portfolio | 66,278,840 | 182,800,711 | — | 252,746,947 |
Multi-Index 2035 Preservation Portfolio | 83,078,468 | 250,833,505 | — | 342,637,356 |
Multi-Index 2030 Preservation Portfolio | 93,906,621 | 385,852,713 | — | 499,180,861 |
Multi-Index 2025 Preservation Portfolio | 118,376,595 | 275,399,062 | — | 430,400,414 |
Multi-Index 2020 Preservation Portfolio | 70,655,262 | 169,212,203 | — | 285,738,476 |
Multi-Index Income Preservation Portfolio | 39,696,211 | 128,526,217 | — | 197,956,775 |
Portfolio | Affiliated Class NAV | Percentage of underlying fund net assets |
Multi-Index 2050 Preservation Portfolio | John Hancock Funds II Strategic Equity Allocation Fund | 6.1% |
Multi-Index 2045 Preservation Portfolio | John Hancock Funds II Strategic Equity Allocation Fund | 7.4% |
Multi-Index 2040 Preservation Portfolio | John Hancock Funds II Strategic Equity Allocation Fund | 8.5% |
Multi-Index 2035 Preservation Portfolio | John Hancock Funds II Strategic Equity Allocation Fund | 9.5% |
Multi-Index 2030 Preservation Portfolio | John Hancock Funds II Strategic Equity Allocation Fund | 7.8% |
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 |
Multi-Index 2060 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | — | $1,564,153 | $8,495,685 | $(10,059,740) | $(82) | $(16) | $3,805 | — | — |
Strategic Equity Allocation | 7,017,623 | 65,933,633 | 14,953,476 | (2,074,154) | (357,825) | (1,963,041) | 1,643,536 | $815,320 | $76,492,089 |
$(357,907) | $(1,963,057) | $1,647,341 | $815,320 | $76,492,089 | |||||
Multi-Index 2055 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | — | $4,876,405 | $55,865,725 | $(60,741,859) | $(276) | $5 | $19,942 | — | — |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 57 |
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 |
Strategic Equity Allocation | 17,100,897 | $188,685,869 | $11,954,086 | $(10,359,140) | $(1,272,046) | $(2,608,996) | $4,319,952 | $2,143,028 | $186,399,773 |
$(1,272,322) | $(2,608,991) | $4,339,894 | $2,143,028 | $186,399,773 | |||||
Multi-Index 2050 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | — | $10,168,844 | $33,321,262 | $(43,490,845) | $2,772 | $(2,033) | $33,137 | — | — |
Strategic Equity Allocation | 38,376,788 | 427,067,495 | 25,398,162 | (25,456,332) | (2,225,557) | (6,476,774) | 9,622,532 | $4,773,515 | $418,306,994 |
$(2,222,785) | $(6,478,807) | $9,655,669 | $4,773,515 | $418,306,994 | |||||
Multi-Index 2045 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | 574,759 | $14,028,524 | $43,542,360 | $(51,818,188) | $(952) | $964 | $45,328 | — | $5,752,708 |
Strategic Equity Allocation | 46,358,012 | 527,386,367 | 25,758,420 | (37,872,904) | (3,239,234) | (6,730,322) | 11,681,136 | $5,794,740 | 505,302,327 |
$(3,240,186) | $(6,729,358) | $11,726,464 | $5,794,740 | $511,055,035 | |||||
Multi-Index 2040 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | 73,876 | $29,898,994 | $146,990,217 | $(176,151,266) | $3,859 | $(2,382) | $81,194 | — | $739,422 |
Strategic Equity Allocation | 53,301,705 | 610,750,351 | 30,416,921 | (49,164,196) | (3,964,775) | (7,049,714) | 13,452,248 | $6,673,348 | 580,988,587 |
$(3,960,916) | $(7,052,096) | $13,533,442 | $6,673,348 | $581,728,009 | |||||
Multi-Index 2035 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | 803,044 | $42,789,437 | $181,816,282 | $(216,572,866) | $7,978 | $(3,244) | $98,268 | — | $8,037,587 |
Strategic Equity Allocation | 59,343,790 | 688,995,663 | 36,698,530 | (67,370,869) | (3,023,448) | (8,452,566) | 15,108,780 | $7,495,115 | 646,847,310 |
$(3,015,470) | $(8,455,810) | $15,207,048 | $7,495,115 | $654,884,897 | |||||
Multi-Index 2030 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | 1,068,782 | $52,492,246 | $409,301,028 | $(451,094,049) | $1,352 | $(3,248) | $120,519 | — | $10,697,329 |
Strategic Equity Allocation | 49,031,904 | 605,980,861 | 34,323,244 | (99,548,992) | 2,684,199 | (8,991,554) | 12,966,560 | $6,432,409 | 534,447,758 |
$2,685,551 | $(8,994,802) | $13,087,079 | $6,432,409 | $545,145,087 | |||||
Multi-Index 2025 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | — | $22,884,044 | $315,357,980 | $(338,233,890) | $(5,271) | $(2,863) | $101,452 | — | — |
Strategic Equity Allocation | 27,610,783 | 347,769,533 | 24,911,811 | (68,757,761) | 7,546,149 | (10,512,192) | 7,237,151 | $3,590,182 | $300,957,540 |
$7,540,878 | $(10,515,055) | $7,338,603 | $3,590,182 | $300,957,540 | |||||
Multi-Index 2020 Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | 3,262,395 | $11,481,974 | $343,395,927 | $(322,227,097) | $368 | $1,814 | $54,781 | — | $32,652,986 |
Strategic Equity Allocation | 2,955,684 | 68,771,980 | 7,142,893 | (46,099,902) | 6,956,180 | (4,554,191) | 1,348,449 | $668,934 | 32,216,960 |
$6,956,548 | $(4,552,377) | $1,403,230 | $668,934 | $64,869,946 | |||||
Multi-Index Income Preservation Portfolio | |||||||||
John Hancock Collateral Trust* | 2,391,880 | $5,305,173 | $137,330,570 | $(118,698,963) | $2,011 | $1,300 | $25,777 | — | $23,940,091 |
58 | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Strategic Equity Allocation | 1,644,214 | $16,598,596 | $6,323,068 | $(4,488,802) | $401,648 | $(912,573) | $324,008 | $160,733 | $17,921,937 |
$403,659 | $(911,273) | $349,785 | $160,733 | $41,862,028 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-INDEX PRESERVATION PORTFOLIOS | 59 |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor Manulife Investment Management (US) LLC Portfolio Managers Robert E. Sykes, CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The portfolios' proxy voting policies and procedures, as well as the portfolio proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the portfolios' holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The portfolios' Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your portfolio, as well asmonthly portfolio holdings, and other portfolio details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP. Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager representing one of America's most
trusted brands, with a heritage of financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why we support the role of professional
financial advice and operate with the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach: We search the world to find
proven portfolio teams with specialized expertise for every strategy we offer, then we apply robust
investment oversight to ensure they continue to meet our uncompromising standards and serve the
best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide a diverse set of investments backed
by some of the world's best managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Multi-Index Preservation Portfolios. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105635 | RCPSA 2/20 4/20 |
John Hancock
Multimanager Lifetime Portfolios
Semiannual report 2/29/2020
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the fund's shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change, and you do not need to take any action. You may elect to receive shareholder reports and other communications electronically by calling John Hancock Investment Management at 800-225-5291 (Class A shares) or 888-972-8696 (Class I, Class R1, Class R2, Class R3, Class R4, Class R5, and Class R6 shares) or by contacting your financial intermediary.
You may elect to receive all reports in paper, free of charge, at any time. You can inform John Hancock Investment Management or your financial intermediary that you wish to continue receiving paper copies of your shareholder reports by following the instructions listed above. Your election to receive reports in paper will apply to all funds held with John Hancock Investment Management or your financial intermediary.
A message to shareholders
Dear shareholder,
Global financial markets were on pace to deliver strong returns during the 6 months ended February 29, 2020, until heightened fears over the coronavirus (COVID-19) sent the markets skidding during the last week of the period. Prior to the turbulence, investors benefited from a combination of low inflation, accommodative central bank policy, healthy fundamentals, and corporate buybacks of stock. Investors in non-U.S. equities also saw strong gains, fueled in part by similarly supportive monetary policy and some signs of strength in developing markets. In an environment of low inflation and declining interest rates, bonds were also faring well.
However, the COVID-19 pandemic and plummeting oil prices put an end to all that good news. Shortly after period end, the U.S. Federal Reserve lowered interest rates and lawmakers embarked on a plan to launch major fiscal stimulus to support the economy.
After the longest bull market in U.S. history, we're now in bear market territory. Indeed, the spread of COVID-19, trade disputes, rising unemployment, and other geopolitical tensions may continue to create uncertainty among businesses and investors. Your financial professional can helpposition your portfolio so that it's sufficiently diversified to seek to meet your long-term objectives and to withstand the inevitable bouts of market volatility along the way.
On behalf of everyone at John Hancock Investment Management, I'd like to take this opportunity to welcome new shareholders and thank existing shareholders for the continued trust you've placed in us.
Sincerely,
Andrew G. Arnott
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
This commentary reflects the CEO's views as of this report's period end and are subject to change at any time. Diversification does not guarantee investment returns and does not eliminate risk of loss. All investments entail risks, including the possible loss of principal. For more up-to-date information, you can visit our website at jhinvestments.com.
.
John Hancock
Multimanager Lifetime Portfolios
Table of contents
2 | Multimanager Lifetime Portfolios' strategy at a glance | |
3 | Portfolio summary | |
4 | Multimanager 2060 Lifetime Portfolio | |
5 | Multimanager 2055 Lifetime Portfolio | |
6 | Multimanager 2050 Lifetime Portfolio | |
7 | Multimanager 2045 Lifetime Portfolio | |
8 | Multimanager 2040 Lifetime Portfolio | |
9 | Multimanager 2035 Lifetime Portfolio | |
10 | Multimanager 2030 Lifetime Portfolio | |
11 | Multimanager 2025 Lifetime Portfolio | |
12 | Multimanager 2020 Lifetime Portfolio | |
13 | Multimanager 2015 Lifetime Portfolio | |
14 | Multimanager 2010 Lifetime Portfolio | |
15 | Your expenses | |
21 | Portfolios' investments | |
32 | Financial statements | |
45 | Financial highlights | |
67 | Notes to financial statements | |
105 | More information |
Multimanager Lifetime Portfolios' strategy at a glance
A SIMPLE, STRATEGIC PATH TO HELP YOU REACH YOUR RETIREMENT GOALS
Multimanager Lifetime Portfolios make diversification easy because the asset mix of each portfolio automatically changes over time.
• | Portfolios with dates further off initially invest more aggressively in stock funds. |
• | As a portfolio approaches its target date,1 the allocation will gradually migrate to more conservative fixed-income funds. |
• | Once the target date is reached, the allocation will continue to become increasingly conservative until it reaches the end of its glide path, investing primarily in fixed-income funds. |
JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS—AUTOMATICALLY ADJUST OVER TIME2
The chart below illustrates how the asset allocation mix of John Hancock Multimanager Lifetime Portfolios adjusts over time.
The principal value of each portfolio is not guaranteed and you could lose money at any time, including at or after the target date.
1 Based on an estimated retirement date.
2 Allocations may vary as a result of market activity or cash allocations held during unusual market or economic conditions.
MULTIMANAGER 2060-2010 LIFETIME PORTFOLIOS' CLASS A SHARE RETURNS (%)
For the six months ended 2/29/2020
MARKET INDEX TOTAL RETURNS
For the six month period ended 2/29/20
U.S. Stocks | S&P 500 Index | 1.92% |
Russell Midcap Index | -1.11% | |
Russell 2000 Index | -0.52% | |
FTSE NAREIT All Equity REIT Index | -3.95% | |
International Stocks | MSCI EAFE Index | -0.91% |
MSCI Emerging Markets Index | 2.93% | |
MSCI EAFE Small Cap Index | 0.42% | |
Fixed Income | Bloomberg Barclays U.S. Aggregate Bond Index | 3.39% |
ICE Bank of America U.S. High Yield Master II Index | 1.31% | |
JP Morgan Global Government Bonds Unhedged Index | 1.11% |
Multimanager 2060 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2060 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2060+ Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 is the John Hancock 2060 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 66.50% Russell 3000 Index, 28.50% MSCI ACWI ex-USA Index, 4.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.00% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2060+ Index. The S&P Target Date 2060+ Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 87.0 | |
Large Blend | 32.5 | |
U.S. Large Cap | 26.4 | |
International Equity | 9.4 | |
U.S. Mid Cap | 8.9 | |
Emerging-Market Equity | 6.6 | |
U.S. Small Cap | 1.9 | |
Sector Equity | 1.3 | |
Fixed income | 2.6 | |
Intermediate Bond | 0.8 | |
Multi-Sector Bond | 0.6 | |
Emerging-Market Debt | 0.6 | |
High Yield Bond | 0.6 | |
Alternative and specialty | 3.7 | |
Sector Equity | 2.4 | |
Absolute Return | 1.3 | |
Unaffiliated investment companies | 4.0 | |
Equity | 4.0 | |
U.S. Government | 2.5 | |
Short-term investments and other | 0.2 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1 | Class R11 | Class R21 | Class R31 | Class R41 | Class R51 | Class R61 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 | 3-30-16 |
Average annual total returns | ||||||||||||||
1-year | -1.92 | 3.51 | 3.03 | 3.25 | 2.94 | 3.46 | 3.56 | 3.62 | 3.57 | 3.25 | 11.68 | 6.51 | 8.19 | 4.95 |
Since inception | 6.79 | 8.55 | 8.10 | 8.31 | 8.08 | 8.47 | 8.61 | 8.66 | 8.59 | 8.59 | 4.00 | 10.39 | 11.94 | 9.89 |
Cumulative returns | ||||||||||||||
6-months | -3.80 | 1.51 | 1.21 | 1.34 | 1.20 | 1.38 | 1.56 | 1.53 | 1.48 | 0.58 | 3.39 | 2.51 | 1.92 | 1.44 |
Since inception | 29.36 | 37.94 | 35.71 | 36.74 | 35.59 | 37.53 | 38.26 | 38.51 | 38.13 | 38.12 | 16.61 | 47.36 | 55.59 | 44.72 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.63 | 1.33 | 1.97 | 1.72 | 1.87 | 1.57 | 1.27 | 1.22 | 1.26 |
Net (%) | 1.00 | 0.70 | 1.34 | 1.09 | 1.24 | 0.84 | 0.64 | 0.58 | 0.63 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors, as described in the portfolio's prospectuses. |
Multimanager 2055 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2055 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2055 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 is the John Hancock 2055 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 66.50% Russell 3000 Index, 28.50% MSCI ACWI ex-USA Index, 4.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.00% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2055 Index. The S&P Target Date 2055 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 87.0 | |
Large Blend | 32.6 | |
U.S. Large Cap | 26.5 | |
International Equity | 9.3 | |
U.S. Mid Cap | 8.9 | |
Emerging-Market Equity | 6.5 | |
U.S. Small Cap | 1.9 | |
Sector Equity | 1.3 | |
Fixed income | 2.5 | |
Intermediate Bond | 0.8 | |
Multi-Sector Bond | 0.6 | |
Emerging-Market Debt | 0.6 | |
High Yield Bond | 0.5 | |
Alternative and specialty | 3.7 | |
Sector Equity | 2.4 | |
Absolute Return | 1.3 | |
Unaffiliated investment companies | 4.0 | |
Equity | 4.0 | |
U.S. Government | 2.6 | |
Short-term investments and other | 0.2 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R12 | Class R22 | Class R32 | Class R42 | Class R52 | Class R62 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 | 3-26-14 |
Average annual total returns | ||||||||||||||
1-year | -1.91 | 3.56 | 3.08 | 3.08 | 2.94 | 3.51 | 3.60 | 3.66 | 3.61 | 3.17 | 11.68 | 6.51 | 8.19 | 4.95 |
5-year | 4.25 | 5.67 | 5.24 | 5.35 | 5.16 | 5.60 | 5.73 | 5.78 | 5.73 | 5.86 | 3.58 | 7.03 | 9.23 | 6.67 |
Since inception | 4.98 | 6.14 | 5.78 | 5.93 | 5.72 | 6.17 | 6.31 | 6.36 | 6.31 | 6.43 | 3.92 | 7.88 | 10.29 | 7.37 |
Cumulative returns | ||||||||||||||
6-months | -3.72 | 1.46 | 1.27 | 1.18 | 1.13 | 1.41 | 1.51 | 1.47 | 1.51 | 0.54 | 3.39 | 2.51 | 1.92 | 1.44 |
5-year | 23.13 | 31.72 | 29.09 | 29.79 | 28.59 | 31.34 | 32.14 | 32.45 | 32.12 | 32.93 | 19.21 | 40.45 | 55.49 | 38.11 |
Since inception | 33.45 | 42.41 | 39.57 | 40.71 | 39.13 | 42.66 | 43.75 | 44.14 | 43.73 | 44.72 | 25.62 | 56.85 | 78.79 | 52.43 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.42 | 1.12 | 1.76 | 1.51 | 1.66 | 1.36 | 1.06 | 1.01 | 1.05 |
Net (%) | 1.01 | 0.71 | 1.35 | 1.10 | 1.25 | 0.85 | 0.65 | 0.59 | 0.64 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class I shares were first offered on 3-27-15. Returns prior to this date are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multimanager 2050 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2050 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2050 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3 is the John Hancock 2050 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4 is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5 is 66.50% Russell 3000 Index, 28.50% MSCI ACWI ex-USA Index, 4.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.00% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2050 Index. The S&P Target Date 2050 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 87.1 | |
Large Blend | 32.6 | |
U.S. Large Cap | 26.4 | |
International Equity | 9.3 | |
U.S. Mid Cap | 9.0 | |
Emerging-Market Equity | 6.6 | |
U.S. Small Cap | 1.9 | |
Sector Equity | 1.3 | |
Fixed income | 2.4 | |
Intermediate Bond | 0.8 | |
Multi-Sector Bond | 0.6 | |
Emerging-Market Debt | 0.5 | |
High Yield Bond | 0.5 | |
Alternative and specialty | 3.8 | |
Sector Equity | 2.5 | |
Absolute Return | 1.3 | |
Unaffiliated investment companies | 4.0 | |
Equity | 4.0 | |
U.S. Government | 2.6 | |
Short-term investments and other | 0.1 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A1 | Class I1,2 | Class R11,2 | Class R21,2 | Class R31,2 | Class R41,2 | Class R51,2 | Class R61,2 | Class 12 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Inception | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 | 4-29-11 |
Average annual total returns | ||||||||||||||
1-year | -2.02 | 3.41 | 2.82 | 3.16 | 2.92 | 3.28 | 3.58 | 3.63 | 3.59 | 3.24 | 11.68 | 6.51 | 8.19 | 4.95 |
5-year | 4.24 | 5.65 | 5.00 | 5.25 | 5.11 | 5.51 | 5.73 | 5.77 | 5.73 | 5.81 | 3.58 | 7.03 | 9.23 | 6.67 |
Since inception | 5.99 | 6.96 | 6.34 | 6.58 | 6.45 | 6.81 | 7.01 | 7.06 | 7.00 | 7.33 | 3.75 | 8.58 | 11.48 | 8.22 |
Cumulative returns | ||||||||||||||
6-months | -3.79 | 1.38 | 1.14 | 1.30 | 1.15 | 1.34 | 1.54 | 1.50 | 1.54 | 0.58 | 3.39 | 2.51 | 1.92 | 1.44 |
5-year | 23.08 | 31.63 | 27.61 | 29.15 | 28.31 | 30.74 | 32.11 | 32.40 | 32.10 | 32.63 | 19.21 | 40.45 | 55.49 | 38.11 |
Since inception | 67.26 | 81.25 | 72.12 | 75.58 | 73.70 | 79.02 | 82.05 | 82.71 | 81.90 | 86.81 | 38.48 | 107.04 | 161.33 | 101.02 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.37 | 1.07 | 1.71 | 1.46 | 1.61 | 1.31 | 1.01 | 0.96 | 1.00 |
Net (%) | 1.02 | 0.72 | 1.36 | 1.11 | 1.26 | 0.86 | 0.66 | 0.60 | 0.65 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | Class A, Class R1, Class R2, Class R3, Class R4, Class R5, and Class R6 shares were first offered on 3-1-12; Class I shares were first offered on 3-27-15. Returns prior to these dates are those of Class 1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the portfolio's prospectuses. |
Multimanager 2045 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2045 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2045 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2 is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3is the John Hancock 2045 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 66.50% Russell 3000 Index, 28.50% MSCI ACWI ex-USA Index, 4.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.00% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2045 Index. The S&P Target Date 2045 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 87.0 | |
Large Blend | 32.8 | |
U.S. Large Cap | 26.2 | |
International Equity | 9.3 | |
U.S. Mid Cap | 9.0 | |
Emerging-Market Equity | 6.5 | |
U.S. Small Cap | 1.9 | |
Sector Equity | 1.3 | |
Fixed income | 2.4 | |
Intermediate Bond | 0.9 | |
Multi-Sector Bond | 0.5 | |
Emerging-Market Debt | 0.5 | |
High Yield Bond | 0.5 | |
Alternative and specialty | 3.8 | |
Sector Equity | 2.5 | |
Absolute Return | 1.3 | |
Unaffiliated investment companies | 4.0 | |
Equity | 4.0 | |
U.S. Government | 2.6 | |
Short-term investments and other | 0.2 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R11 | Class R21,2 | Class R31 | Class R41 | Class R51 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Start date | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 |
Average annual total returns | ||||||||||||||
1-year | -1.93 | 3.39 | 2.81 | 3.10 | 2.88 | 3.35 | 3.63 | 3.60 | 3.55 | 3.43 | 11.68 | 6.51 | 8.19 | 4.95 |
5-year | 4.28 | 5.64 | 5.00 | 5.25 | 5.10 | 5.50 | 5.73 | 5.79 | 5.73 | 5.73 | 3.58 | 7.03 | 9.23 | 6.67 |
10-year | 7.75 | 8.33 | 8.00 | 8.22 | 8.11 | 8.50 | 8.76 | 8.69 | 8.74 | 8.84 | 3.93 | 10.25 | 12.65 | 9.81 |
Cumulative returns | ||||||||||||||
6-months | -3.76 | 1.47 | 1.08 | 1.18 | 1.15 | 1.33 | 1.52 | 1.48 | 1.44 | 0.63 | 3.39 | 2.51 | 1.92 | 1.44 |
5-year | 23.31 | 31.56 | 27.60 | 29.16 | 28.25 | 30.72 | 32.14 | 32.47 | 32.11 | 32.11 | 19.21 | 40.45 | 55.49 | 38.11 |
10-year | 111.00 | 122.65 | 115.94 | 120.27 | 118.07 | 126.05 | 131.52 | 130.04 | 131.06 | 133.37 | 47.07 | 165.35 | 229.18 | 154.93 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.34 | 1.04 | 1.68 | 1.43 | 1.58 | 1.28 | 0.98 | 0.93 | 0.97 |
Net (%) | 1.00 | 0.70 | 1.34 | 1.09 | 1.24 | 0.84 | 0.64 | 0.58 | 0.63 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class I shares were first offered on 3-27-15. Class R2 and Class R6 shares were first offered on 3-1-12 and 9-1-11, respectively. Returns prior to these dates are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multimanager 2040 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2040 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 is the S&P Target Date 2040 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3is the John Hancock 2040 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 64.40% Russell 3000 Index, 27.60% MSCI ACWI ex-USA Index, 6.40% Bloomberg Barclays U.S. Aggregate Bond Index, and 1.60% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2040 Index. The S&P Target Date 2040 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 82.0 | |
Large Blend | 31.4 | |
U.S. Large Cap | 23.7 | |
International Equity | 9.7 | |
U.S. Mid Cap | 8.2 | |
Emerging-Market Equity | 6.0 | |
U.S. Small Cap | 1.7 | |
Sector Equity | 1.3 | |
Fixed income | 4.8 | |
Intermediate Bond | 2.3 | |
Multi-Sector Bond | 0.9 | |
Emerging-Market Debt | 0.9 | |
High Yield Bond | 0.7 | |
Alternative and specialty | 4.6 | |
Sector Equity | 3.2 | |
Absolute Return | 1.4 | |
Unaffiliated investment companies | 4.3 | |
Equity | 4.3 | |
U.S. Government | 4.1 | |
Short-term investments and other | 0.2 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R11 | Class R21,2 | Class R31 | Class R41 | Class R51 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Start date | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 |
Average annual total returns | ||||||||||||||
1-year | -1.57 | 3.86 | 3.28 | 3.51 | 3.38 | 3.84 | 4.01 | 3.98 | 4.03 | 3.70 | 11.68 | 6.98 | 8.19 | 5.19 |
5-year | 4.32 | 5.72 | 5.07 | 5.32 | 5.17 | 5.58 | 5.78 | 5.83 | 5.80 | 5.65 | 3.58 | 7.12 | 9.23 | 6.72 |
10-year | 7.78 | 8.38 | 8.04 | 8.26 | 8.15 | 8.54 | 8.79 | 8.72 | 8.77 | 8.68 | 3.93 | 10.30 | 12.65 | 9.83 |
Cumulative returns | ||||||||||||||
6-months | -3.45 | 1.78 | 1.47 | 1.61 | 1.47 | 1.75 | 1.83 | 1.80 | 1.85 | 0.75 | 3.39 | 2.65 | 1.92 | 1.58 |
5-year | 23.53 | 32.05 | 28.06 | 29.58 | 28.64 | 31.18 | 32.45 | 32.76 | 32.54 | 31.64 | 19.21 | 41.07 | 55.49 | 38.43 |
10-year | 111.44 | 123.51 | 116.77 | 121.05 | 118.92 | 127.02 | 132.15 | 130.64 | 131.89 | 129.87 | 47.07 | 166.52 | 229.18 | 155.50 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.34 | 1.04 | 1.68 | 1.43 | 1.58 | 1.28 | 0.98 | 0.93 | 0.97 |
Net (%) | 1.00 | 0.70 | 1.34 | 1.09 | 1.24 | 0.84 | 0.64 | 0.58 | 0.63 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class I shares were first offered on 3-27-15. Class R2 and Class R6 shares were first offered on 3-1-12 and 9-1-11, respectively. Returns prior to these dates are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multimanager 2035 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2035 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2035 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3is the John Hancock 2035 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 59.50% Russell 3000 Index, 25.50% MSCI ACWI ex-USA Index, 12.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 3.00% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2035 Index. The S&P Target Date 2035 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 73.9 | |
Large Blend | 28.5 | |
U.S. Large Cap | 21.9 | |
International Equity | 9.2 | |
U.S. Mid Cap | 6.9 | |
Emerging-Market Equity | 5.1 | |
U.S. Small Cap | 1.3 | |
Sector Equity | 1.0 | |
Fixed income | 11.3 | |
Intermediate Bond | 5.8 | |
Multi-Sector Bond | 2.5 | |
Emerging-Market Debt | 1.6 | |
High Yield Bond | 1.4 | |
Alternative and specialty | 5.4 | |
Sector Equity | 3.8 | |
Absolute Return | 1.6 | |
Unaffiliated investment companies | 3.9 | |
Equity | 3.9 | |
U.S. Government | 5.4 | |
Short-term investments and other | 0.1 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R11 | Class R21,2 | Class R31 | Class R41 | Class R51 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Start date | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 |
Average annual total returns | ||||||||||||||
1-year | -0.99 | 4.53 | 3.81 | 4.21 | 3.89 | 4.37 | 4.55 | 4.71 | 4.66 | 4.15 | 11.68 | 7.94 | 8.19 | 5.66 |
5-year | 4.21 | 5.60 | 4.94 | 5.21 | 5.04 | 5.45 | 5.66 | 5.74 | 5.68 | 5.52 | 3.58 | 6.99 | 9.23 | 6.59 |
10-year | 7.69 | 8.29 | 7.95 | 8.17 | 8.04 | 8.46 | 8.69 | 8.63 | 8.69 | 8.44 | 3.93 | 10.20 | 12.65 | 9.73 |
Cumulative returns | ||||||||||||||
6-months | -3.24 | 2.05 | 1.70 | 1.92 | 1.79 | 1.99 | 2.07 | 2.13 | 2.09 | 0.93 | 3.39 | 2.72 | 1.92 | 1.73 |
5-year | 22.90 | 31.33 | 27.24 | 28.90 | 27.85 | 30.41 | 31.67 | 32.20 | 31.85 | 30.85 | 19.21 | 40.20 | 55.49 | 37.60 |
10-year | 109.71 | 121.80 | 114.89 | 119.33 | 116.64 | 125.35 | 130.08 | 128.89 | 130.16 | 124.89 | 47.07 | 164.07 | 229.18 | 153.05 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.34 | 1.04 | 1.68 | 1.43 | 1.58 | 1.28 | 0.98 | 0.93 | 0.97 |
Net (%) | 1.01 | 0.71 | 1.35 | 1.10 | 1.25 | 0.85 | 0.65 | 0.59 | 0.64 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class I shares were first offered on 3-27-15. Class R2 and Class R6 shares were first offered on 3-1-12 and 9-1-11, respectively. Returns prior to these dates are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multimanager 2030 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2030 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2030 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3is the John Hancock 2030 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 51.80% Russell 3000 Index, 22.20% MSCI ACWI ex-USA Index, 20.80% Bloomberg Barclays U.S. Aggregate Bond Index, and 5.20% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2030 Index. The S&P Target Date 2030 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 64.4 | |
Large Blend | 25.3 | |
U.S. Large Cap | 18.1 | |
International Equity | 9.4 | |
U.S. Mid Cap | 5.6 | |
Emerging-Market Equity | 4.0 | |
U.S. Small Cap | 1.0 | |
Sector Equity | 1.0 | |
Fixed income | 19.0 | |
Intermediate Bond | 9.5 | |
Multi-Sector Bond | 4.7 | |
Emerging-Market Debt | 2.6 | |
High Yield Bond | 2.2 | |
Alternative and specialty | 6.5 | |
Sector Equity | 4.8 | |
Absolute Return | 1.7 | |
Unaffiliated investment companies | 3.3 | |
Equity | 3.3 | |
U.S. Government | 6.6 | |
Short-term investments and other | 0.2 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R11 | Class R21,2 | Class R31 | Class R41 | Class R51 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Start date | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 |
Average annual total returns | ||||||||||||||
1-year | -0.41 | 5.18 | 4.59 | 4.83 | 4.67 | 5.17 | 5.26 | 5.32 | 5.37 | 4.83 | 11.68 | 8.95 | 8.19 | 6.46 |
5-year | 4.10 | 5.49 | 4.84 | 5.10 | 4.93 | 5.37 | 5.54 | 5.62 | 5.56 | 5.34 | 3.58 | 6.80 | 9.23 | 6.45 |
10-year | 7.46 | 8.05 | 7.72 | 7.93 | 7.81 | 8.22 | 8.45 | 8.40 | 8.45 | 8.10 | 3.93 | 9.90 | 12.65 | 9.43 |
Cumulative returns | ||||||||||||||
6-months | -2.99 | 2.30 | 2.01 | 2.15 | 2.00 | 2.29 | 2.28 | 2.34 | 2.29 | 1.19 | 3.39 | 2.80 | 1.92 | 2.10 |
5-year | 22.24 | 30.61 | 26.64 | 28.23 | 27.18 | 29.87 | 30.97 | 31.43 | 31.07 | 29.72 | 19.21 | 38.97 | 55.49 | 36.68 |
10-year | 105.32 | 116.90 | 110.31 | 114.54 | 112.19 | 120.30 | 125.08 | 123.99 | 124.99 | 117.99 | 47.07 | 157.09 | 229.18 | 146.20 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.32 | 1.02 | 1.66 | 1.41 | 1.56 | 1.26 | 0.96 | 0.91 | 0.95 |
Net (%) | 0.99 | 0.69 | 1.33 | 1.08 | 1.23 | 0.83 | 0.63 | 0.57 | 0.62 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class I shares were first offered on 3-27-15. Class R2 and Class R6 shares were first offered on 3-1-12 and 9-1-11, respectively. Returns prior to these dates are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multimanager 2025 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2025 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2025 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3is the John Hancock 2025 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 43.40% Russell 3000 Index, 18.60% MSCI ACWI ex-USA Index, 30.40% Bloomberg Barclays U.S. Aggregate Bond Index, and 7.60% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2025 Index. The S&P Target Date 2025 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 53.7 | |
Large Blend | 21.6 | |
U.S. Large Cap | 13.9 | |
International Equity | 9.6 | |
U.S. Mid Cap | 4.3 | |
Emerging-Market Equity | 2.8 | |
Sector Equity | 0.8 | |
U.S. Small Cap | 0.7 | |
Fixed income | 27.9 | |
Intermediate Bond | 11.8 | |
Multi-Sector Bond | 7.7 | |
Emerging-Market Debt | 3.2 | |
High Yield Bond | 2.8 | |
Short-Term Bond | 1.5 | |
Bank Loan | 0.9 | |
Alternative and specialty | 7.4 | |
Sector Equity | 5.6 | |
Absolute Return | 1.8 | |
Unaffiliated investment companies | 2.9 | |
Equity | 2.9 | |
U.S. Government | 8.0 | |
Short-term investments and other | 0.1 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R11 | Class R21,2 | Class R31 | Class R41 | Class R51 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Start date | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 |
Average annual total returns | ||||||||||||||
1-year | 0.19 | 5.76 | 5.06 | 5.32 | 5.15 | 5.52 | 5.85 | 5.80 | 5.74 | 5.49 | 11.68 | 9.34 | 8.19 | 7.22 |
5-year | 3.86 | 5.25 | 4.59 | 4.86 | 4.69 | 5.12 | 5.31 | 5.39 | 5.31 | 5.13 | 3.58 | 6.42 | 9.23 | 6.18 |
10-year | 7.07 | 7.67 | 7.33 | 7.54 | 7.41 | 7.82 | 8.05 | 7.99 | 8.04 | 7.70 | 3.93 | 9.48 | 12.65 | 8.96 |
Cumulative returns | ||||||||||||||
6-months | -3.00 | 2.21 | 1.92 | 2.07 | 2.00 | 2.17 | 2.28 | 2.24 | 2.28 | 1.43 | 3.39 | 2.71 | 1.92 | 2.33 |
5-year | 20.87 | 29.18 | 25.17 | 26.78 | 25.77 | 28.34 | 29.50 | 29.99 | 29.51 | 28.43 | 19.21 | 36.52 | 55.49 | 34.97 |
10-year | 97.94 | 109.30 | 102.79 | 106.91 | 104.30 | 112.29 | 116.99 | 115.76 | 116.78 | 110.06 | 47.07 | 147.31 | 229.18 | 135.94 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.32 | 1.02 | 1.66 | 1.41 | 1.56 | 1.26 | 0.96 | 0.91 | 0.95 |
Net (%) | 0.98 | 0.68 | 1.32 | 1.07 | 1.22 | 0.82 | 0.62 | 0.56 | 0.61 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class I shares were first offered on 3-27-15. Class R2 and Class R6 shares were first offered on 3-1-12 and 9-1-11, respectively. Returns prior to these dates are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multimanager 2020 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2020 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2020 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3is the John Hancock 2020 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 36.40% Russell 3000 Index, 15.60% MSCI ACWI ex-USA Index, 38.40% Bloomberg Barclays U.S. Aggregate Bond Index, and 9.60% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the S&P 500 Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2020 Index. The S&P Target Date 2020 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 41.4 | |
Large Blend | 17.5 | |
U.S. Large Cap | 8.8 | |
International Equity | 8.8 | |
U.S. Mid Cap | 3.1 | |
Emerging-Market Equity | 1.7 | |
U.S. Small Cap | 0.8 | |
Sector Equity | 0.7 | |
Fixed income | 39.5 | |
Intermediate Bond | 18.6 | |
Multi-Sector Bond | 8.6 | |
Emerging-Market Debt | 4.1 | |
High Yield Bond | 3.5 | |
Short-Term Bond | 3.1 | |
Bank Loan | 1.6 | |
Alternative and specialty | 8.5 | |
Sector Equity | 6.5 | |
Absolute Return | 2.0 | |
Unaffiliated investment companies | 2.1 | |
Equity | 2.1 | |
U.S. Government | 8.3 | |
Short-term investments and other | 0.2 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R11 | Class R21,2 | Class R31 | Class R41 | Class R51 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Start date | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 |
Average annual total returns | ||||||||||||||
1-year | 0.72 | 6.42 | 5.81 | 5.95 | 5.79 | 6.21 | 6.39 | 6.46 | 6.51 | 6.06 | 11.68 | 9.21 | 8.19 | 7.80 |
5-year | 3.58 | 5.00 | 4.33 | 4.56 | 4.40 | 4.81 | 5.03 | 5.08 | 5.03 | 4.86 | 3.58 | 5.88 | 9.23 | 5.83 |
10-year | 6.53 | 7.12 | 6.78 | 6.99 | 6.87 | 7.27 | 7.51 | 7.44 | 7.50 | 7.24 | 3.93 | 8.85 | 12.65 | 8.34 |
Cumulative returns | ||||||||||||||
6-months | -2.86 | 2.44 | 2.15 | 2.29 | 2.14 | 2.32 | 2.41 | 2.47 | 2.41 | 1.65 | 3.39 | 2.55 | 1.92 | 2.43 |
5-year | 19.25 | 27.61 | 23.59 | 25.00 | 24.03 | 26.48 | 27.79 | 28.09 | 27.83 | 26.79 | 19.21 | 33.04 | 55.49 | 32.76 |
10-year | 88.19 | 99.01 | 92.75 | 96.56 | 94.35 | 101.76 | 106.30 | 105.04 | 106.16 | 101.08 | 47.07 | 133.42 | 229.18 | 122.73 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.32 | 1.02 | 1.66 | 1.41 | 1.56 | 1.26 | 0.96 | 0.91 | 0.95 |
Net (%) | 0.96 | 0.66 | 1.30 | 1.05 | 1.20 | 0.80 | 0.60 | 0.54 | 0.59 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class I shares were first offered on 3-27-15. Class R2 and Class R6 shares were first offered on 3-1-12 and 9-1-11, respectively. Returns prior to these dates are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multimanager 2015 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2015 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1 is the S&P Target Date 2015 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3is the John Hancock 2015 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 30.60% Russell 3000 Index, 13.10% MSCI ACWI ex-USA Index, 45.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 11.30% ICE Bank of America Merrill Lynch U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the Bloomberg Barclays U.S. Aggregate Bond Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2015 Index. The S&P Target Date 2015 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 34.8 | |
Large Blend | 14.5 | |
International Equity | 8.5 | |
U.S. Large Cap | 8.1 | |
U.S. Mid Cap | 2.2 | |
Emerging-Market Equity | 1.0 | |
U.S. Small Cap | 0.5 | |
Fixed income | 47.3 | |
Intermediate Bond | 22.3 | |
Multi-Sector Bond | 9.5 | |
Short-Term Bond | 4.7 | |
Emerging-Market Debt | 4.5 | |
High Yield Bond | 3.9 | |
Bank Loan | 2.4 | |
Alternative and specialty | 7.6 | |
Sector Equity | 5.4 | |
Absolute Return | 2.2 | |
Unaffiliated investment companies | 1.8 | |
Equity | 1.8 | |
U.S. Government | 8.4 | |
Short-term investments and other | 0.1 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R11 | Class R21,2 | Class R31 | Class R41 | Class R51 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Start date | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 |
Average annual total returns | ||||||||||||||
1-year | 0.99 | 6.61 | 5.97 | 6.27 | 6.09 | 6.48 | 6.68 | 6.74 | 6.69 | 6.33 | 11.68 | 8.72 | 8.19 | 8.26 |
5-year | 3.26 | 4.62 | 3.96 | 4.21 | 4.07 | 4.47 | 4.69 | 4.73 | 4.70 | 4.58 | 3.58 | 5.25 | 9.23 | 5.50 |
10-year | 5.97 | 6.56 | 6.23 | 6.44 | 6.32 | 6.73 | 6.96 | 6.91 | 6.95 | 6.66 | 3.93 | 7.93 | 12.65 | 7.74 |
Cumulative returns | ||||||||||||||
6-months | -3.01 | 2.17 | 1.89 | 2.05 | 2.00 | 2.14 | 2.24 | 2.30 | 2.25 | 1.75 | 3.39 | 2.29 | 1.92 | 2.51 |
5-year | 17.39 | 25.36 | 21.44 | 22.90 | 22.07 | 24.45 | 25.78 | 25.97 | 25.80 | 25.08 | 19.21 | 29.15 | 55.49 | 30.72 |
10-year | 78.62 | 88.86 | 82.94 | 86.71 | 84.63 | 91.78 | 96.00 | 94.98 | 95.86 | 90.60 | 47.07 | 114.56 | 229.18 | 110.77 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.37 | 1.07 | 1.71 | 1.46 | 1.61 | 1.31 | 1.01 | 0.96 | 1.00 |
Net (%) | 0.94 | 0.64 | 1.28 | 1.03 | 1.18 | 0.78 | 0.58 | 0.52 | 0.57 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class I shares were first offered on 3-27-15. Class R2 and Class R6 shares were first offered on 3-1-12 and 9-1-11, respectively. Returns prior to these dates are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Multimanager 2010 Lifetime Portfolio
This chart shows what happened to a hypothetical $10,000 investment in John Hancock Multimanager 2010 Lifetime Portfolio for the share classes and periods indicated, assuming all distributions were reinvested. For comparison, we've shown the same investment in two blended indexes and three separate indexes.
Index 1is the S&P Target Date 2010 Index, an unmanaged index comprised of a set of indices aligned with specific target date years.
Index 2is the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of dollar-denominated and nonconvertible investment-grade debt issues.
Index 3is the John Hancock 2010 Lifetime Index, which is based on the fund's asset allocation glide path and will reflect a more conservative allocation over time. The index is a customized blended index comprising some or all of the following component indices (ordered alphabetically): Bloomberg Barclays U.S. Aggregate Bond Index, Bloomberg Barclays U.S. Corporate Bond 1-5 Year Index, Bloomberg Barclays U.S. Treasury TIPS 1-5 Year Index, ICE BofA Long U.S. Treasury Principal STRIPS Index, ICE BofA U.S. High Yield Index, JP Morgan Emerging Markets Bond Index Global, MSCI Emerging Markets Index, MSCI World Energy Index, MSCI World ex-USA Index, MSCI World Metals & Mining Index, Russell 2500 Index, S&P 500 Index, S&P Global ex-U.S. REIT Index, S&P Global Infrastructure Index, S&P U.S. REIT Index, and S&P/LSTA Leveraged Loan Index.
Index 4is the S&P 500 Index, an unmanaged index that includes 500 widely traded common stocks.
Index 5is 26.25% Russell 3000 Index, 11.25% MSCI ACWI ex-USA Index, 50.00% Bloomberg Barclays U.S. Aggregate Bond Index, and 12.50% ICE BofA U.S. High Yield Master II Index.
Prior to January 1, 2020, the fund's primary benchmark was the Bloomberg Barclays U.S. Aggregate Bond Index. Effective January 1, 2020, the fund's primary benchmark index is the S&P Target Date 2010 Index. The S&P Target Date 2010 Index better reflects the universe of investment opportunities based on the fund's current investment strategy.
It is not possible to invest directly in an index. Index figures do not reflect expenses or sales charges, which would result in lower returns.
ASSET ALLOCATION (%)
Affiliated investment companies | % of Total | |
Equity | 28.7 | |
Large Blend | 12.3 | |
U.S. Large Cap | 8.3 | |
International Equity | 6.1 | |
U.S. Mid Cap | 1.3 | |
Emerging-Market Equity | 0.4 | |
U.S. Small Cap | 0.3 | |
Fixed income | 53.6 | |
Intermediate Bond | 24.9 | |
Multi-Sector Bond | 10.3 | |
Short-Term Bond | 6.4 | |
Emerging-Market Debt | 4.8 | |
High Yield Bond | 4.1 | |
Bank Loan | 3.1 | |
Alternative and specialty | 7.9 | |
Absolute Return | 5.4 | |
Sector Equity | 2.5 | |
Unaffiliated investment companies | 1.5 | |
Equity | 1.5 | |
U.S. Government | 8.2 | |
Short-term investments and other | 0.1 |
As a percentage of net assets.
PERFORMANCE CHART
Total returns with maximum sales charge for the period ended 2-29-20 (%)
Class A | Class I1,2 | Class R11 | Class R21,2 | Class R31 | Class R41 | Class R51 | Class R61,2 | Class 11 | Index 1 | Index 2 | Index 3 | Index 4 | Index 5 | |
Start date | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 | 2-28-10 |
Average annual total returns | ||||||||||||||
1-year | 1.15 | 6.82 | 6.33 | 6.44 | 6.31 | 6.70 | 6.90 | 6.95 | 6.90 | 6.76 | 11.68 | 8.27 | 8.19 | 8.62 |
5-year | 3.05 | 4.42 | 3.86 | 4.02 | 3.87 | 4.30 | 4.49 | 4.54 | 4.49 | 4.27 | 3.58 | 4.89 | 9.23 | 5.32 |
10-year | 5.55 | 6.13 | 5.84 | 6.00 | 5.90 | 6.30 | 6.54 | 6.46 | 6.52 | 6.00 | 3.93 | 7.13 | 12.65 | 7.26 |
Cumulative returns | ||||||||||||||
6-months | -3.08 | 2.12 | 1.99 | 1.99 | 1.97 | 2.12 | 2.20 | 2.13 | 2.20 | 1.92 | 3.39 | 2.16 | 1.92 | 2.60 |
5-year | 16.19 | 24.16 | 20.82 | 21.76 | 20.90 | 23.45 | 24.57 | 24.88 | 24.56 | 23.27 | 19.21 | 26.97 | 55.49 | 29.59 |
10-year | 71.62 | 81.24 | 76.37 | 79.16 | 77.32 | 84.23 | 88.47 | 87.05 | 88.03 | 79.09 | 47.07 | 99.10 | 229.18 | 101.60 |
Performance figures assume all distributions have been reinvested. Figures reflect maximum sales charge on Class A shares of 5%. Sales charges are not applicable to Class I, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, and Class 1 shares.
The expense ratios of the portfolio, both net (including any fee waivers and/or expense limitations) and gross (excluding any fee waivers and/or expense limitations), are set forth according to the most recent publicly available prospectuses for the portfolio and may differ from those disclosed in the Financial highlights tables in this report. Net expenses reflect contractual expense limitations in effect until December 31, 2020 and are subject to change. Had the contractual fee waivers and expense limitations not been in place, gross expenses would apply. The following expense ratios include the expenses of the underlying funds in which the portfolio invests. The expense ratios are as follows:
Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | |
Gross (%) | 1.40 | 1.10 | 1.74 | 1.49 | 1.64 | 1.34 | 1.04 | 0.99 | 1.03 |
Net (%) | 0.92 | 0.62 | 1.26 | 1.01 | 1.16 | 0.76 | 0.56 | 0.50 | 0.55 |
Please refer to the most recent prospectus and annual or semiannual report for more information on expenses and any expense limitation arrangements for each class.
The returns reflect past results and should not be considered indicative of future performance. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the portfolio's current performance may be higher or lower than the performance shown. For current to the most recent month-end performance data, please call 800-225-5291 or visit the portfolio's website at jhinvestments.com.
The performance information does not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The portfolio's performance results reflect any applicable fee waivers or expense reductions, without which the expenses would increase and results would have been less favorable.
1 | For certain types of investors as described in the portfolio's prospectuses. |
2 | Class I shares were first offered on 3-27-15. Class R2 and Class R6 shares were first offered on 3-1-12 and 9-1-11, respectively. Returns prior to these dates are those of Class R1 shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
Your expenses |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multimanager 2060 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,013.00 | $2.10 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,015.10 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,012.10 | 2.55 | 0.51% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.56 | 0.51% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,013.40 | 1.90 | 0.38% |
Hypothetical example | 1,000.00 | 1,023.00 | 1.91 | 0.38% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,012.00 | 3.10 | 0.62% |
Hypothetical example | 1,000.00 | 1,021.80 | 3.12 | 0.62% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,013.80 | 0.80 | 0.16% |
Hypothetical example | 1,000.00 | 1,024.10 | 0.81 | 0.16% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,015.60 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,015.30 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,014.80 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 15 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multimanager 2055 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,013.50 | $2.10 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,014.60 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,012.70 | 2.55 | 0.51% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.56 | 0.51% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,011.80 | 2.50 | 0.50% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.51 | 0.50% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,011.30 | 3.30 | 0.66% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.32 | 0.66% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,014.10 | 0.80 | 0.16% |
Hypothetical example | 1,000.00 | 1,024.10 | 0.81 | 0.16% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,015.10 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,014.70 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,015.10 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multimanager 2050 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,012.80 | $2.10 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,013.80 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,011.40 | 3.80 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.82 | 0.76% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,013.00 | 2.45 | 0.49% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.46 | 0.49% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,011.50 | 3.25 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.27 | 0.65% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,013.40 | 1.30 | 0.26% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.31 | 0.26% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,015.40 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,015.00 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,015.40 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
16 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multimanager 2045 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,012.80 | $2.10 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,014.70 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,010.80 | 3.65 | 0.73% |
Hypothetical example | 1,000.00 | 1,021.20 | 3.67 | 0.73% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,011.80 | 2.55 | 0.51% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.56 | 0.51% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,011.50 | 3.25 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.27 | 0.65% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,013.30 | 1.30 | 0.26% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.31 | 0.26% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,015.20 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,014.80 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,014.40 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multimanager 2040 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,015.90 | $2.11 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,017.80 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,014.70 | 3.76 | 0.75% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.77 | 0.75% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,016.10 | 2.46 | 0.49% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.46 | 0.49% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,014.70 | 3.26 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.27 | 0.65% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,017.50 | 1.30 | 0.26% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.31 | 0.26% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,018.30 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,018.00 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,018.50 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 17 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multimanager 2035 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,018.20 | $2.11 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,020.50 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,017.00 | 3.81 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.82 | 0.76% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,019.20 | 2.56 | 0.51% |
Hypothetical example | 1,000.00 | 1,022.30 | 2.56 | 0.51% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,017.90 | 3.31 | 0.66% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.32 | 0.66% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,019.90 | 1.31 | 0.26% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.31 | 0.26% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,020.70 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,021.30 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,020.90 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multimanager 2030 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,021.10 | $2.11 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,023.00 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,020.10 | 3.72 | 0.74% |
Hypothetical example | 1,000.00 | 1,021.20 | 3.72 | 0.74% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,021.50 | 2.46 | 0.49% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.46 | 0.49% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,020.00 | 3.26 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.27 | 0.65% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,022.90 | 1.26 | 0.25% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.26 | 0.25% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,022.80 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,023.40 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,022.90 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
18 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multimanager 2025 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,021.10 | $2.11 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,022.10 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,019.20 | 3.72 | 0.74% |
Hypothetical example | 1,000.00 | 1,021.20 | 3.72 | 0.74% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,020.70 | 2.46 | 0.49% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.46 | 0.49% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,020.00 | 3.31 | 0.66% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.32 | 0.66% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,021.70 | 1.31 | 0.26% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.31 | 0.26% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,022.80 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,022.40 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,022.80 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multimanager 2020 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,022.50 | $2.11 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,024.40 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,021.50 | 3.77 | 0.75% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.77 | 0.75% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,022.90 | 2.51 | 0.50% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.51 | 0.50% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,021.40 | 3.32 | 0.66% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.32 | 0.66% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,023.20 | 1.26 | 0.25% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.26 | 0.25% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,024.10 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,024.70 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,024.10 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 19 |
Account value on 9-1-2019 | Ending value on 2-29-2020 | Expenses paid during period ended 2-29-20201 | Annualized expense ratio2 | ||
Multimanager 2015 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,020.90 | $2.11 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,021.70 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,018.90 | 3.81 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.82 | 0.76% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,020.50 | 2.51 | 0.50% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.51 | 0.50% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,020.00 | 3.26 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.27 | 0.65% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,021.40 | 1.36 | 0.27% |
Hypothetical example | 1,000.00 | 1,023.50 | 1.36 | 0.27% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,022.40 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,023.00 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,022.50 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% | |
Multimanager 2010 Lifetime Portfolio | |||||
Class A | Actual expenses/actual returns | $1,000.00 | $1,020.60 | $2.11 | 0.42% |
Hypothetical example | 1,000.00 | 1,022.80 | 2.11 | 0.42% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,021.20 | 0.60 | 0.12% |
Hypothetical example | 1,000.00 | 1,024.30 | 0.60 | 0.12% | |
Class R1 | Actual expenses/actual returns | 1,000.00 | 1,019.90 | 3.16 | 0.63% |
Hypothetical example | 1,000.00 | 1,021.70 | 3.17 | 0.63% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,019.90 | 2.46 | 0.49% |
Hypothetical example | 1,000.00 | 1,022.40 | 2.46 | 0.49% | |
Class R3 | Actual expenses/actual returns | 1,000.00 | 1,019.70 | 3.26 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.27 | 0.65% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,021.20 | 1.31 | 0.26% |
Hypothetical example | 1,000.00 | 1,023.60 | 1.31 | 0.26% | |
Class R5 | Actual expenses/actual returns | 1,000.00 | 1,022.00 | 0.30 | 0.06% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.30 | 0.06% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,021.30 | 0.00 | 0.00% |
Hypothetical example | 1,000.00 | 1,024.90 | 0.00 | 0.00% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,022.00 | 0.25 | 0.05% |
Hypothetical example | 1,000.00 | 1,024.60 | 0.25 | 0.05% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period). |
2 | Ratios do not include expenses indirectly incurred by the underlying funds and can vary based on the mix of underlying funds held by the portfolios. |
20 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Portfolios' investments |
Subadvisors of Affiliated Underlying Funds | |
Allianz Global Investors U.S. LLC | (Allianz) |
Axiom International Investors LLC | (Axiom) |
BCSF Advisors, LP (Bain Capital Credit) | (Bain Capital) |
Boston Partners Global Investors, Inc. | (Boston Partners) |
Deutsche Investment Management Americas, Inc. | (Deutsche) |
Dimensional Fund Advisors LP | (DFA) |
Epoch Investment Partners, Inc. | (Epoch) |
First Quadrant, L.P. | (First Quadrant) |
Jennison Associates LLC | (Jennison) |
Manulife Investment Management (North America) Limited | (MIM NA) |
Manulife Investment Management (US) LLC | (MIM US) |
Redwood Investment Management, LLC | (Redwood) |
Stone Harbor Investment Partners LP | (Stone Harbor) |
T. Rowe Price Associates, Inc. | (T. Rowe Price) |
Unigestion (UK) Limited | (Unigestion) |
Wellington Management Company LLP | (Wellington) |
Wells Capital Management, Incorporated | (Wells Capital) |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 93.3% | ||
Equity - 87.0% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 150,378 | $6,335,422 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 253,552 | 3,937,669 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 283,994 | 3,064,296 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 227,486 | 4,097,016 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 312,223 | 3,437,573 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 623,041 | 6,641,616 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 365,428 | 6,018,591 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 77,131 | 1,312,767 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 65,448 | 3,085,890 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 63,409 | 673,404 |
International Growth, Class NAV, JHF III (Wellington) | 105,702 | 2,949,092 |
International Small Company, Class NAV, JHF II (DFA) | 244,759 | 2,371,716 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 225,534 | 4,578,335 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 315,622 | 4,374,522 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 61,846 | 987,060 |
Small Cap Value, Class NAV, JHF II (Wellington) | 52,008 | 933,545 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 2,991,554 | 32,608,045 |
Fixed income - 2.6% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 25,347 | 419,740 |
Core Bond, Class NAV, JHF II (Wells Capital) | 30,597 | 415,195 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 59,912 | 570,963 |
High Yield, Class NAV, JHBT (MIM US) (B) | 168,721 | 566,901 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 53,770 | 574,260 |
Alternative and specialty - 3.7% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 71,070 | 658,815 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 65,927 | 631,585 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 262,247 | 1,219,450 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 322,525 | 1,235,269 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $99,160,176) | $93,698,737 | |
UNAFFILIATED INVESTMENT COMPANIES - 4.0% | ||
Equity - 4.0% | ||
Fidelity 500 Index Fund | 3,716 | 381,885 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 21 |
Shares or Principal Amount | Value | |
Equity - (continued) | ||
Fidelity Emerging Markets Index Fund | 190,569 | $1,898,069 |
Fidelity International Index Fund | 29,276 | 1,132,097 |
Fidelity Small Cap Index Fund | 33,064 | 616,309 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $4,357,608) | $4,028,360 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 4,248 | 1,678 |
TOTAL COMMON STOCKS (Cost $1,807) | $1,678 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.5% | ||
U.S. Government - 2.5% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 1,045,700 | 642,358 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 1,011,600 | 637,185 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 1,017,800 | 637,022 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 1,007,600 | 638,078 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $2,233,976) | $2,554,643 | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 128,400 | 128,400 |
TOTAL SHORT-TERM INVESTMENTS (Cost $128,400) | $128,400 | |
Total investments (Cost $105,881,967) - 99.9% | $100,411,818 | |
Other assets and liabilities, net - 0.1% | 79,440 | |
TOTAL NET ASSETS - 100.0% | $100,491,258 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 93.2% | ||
Equity - 87.0% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 331,880 | $13,982,111 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 556,741 | 8,646,188 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 635,250 | 6,854,343 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 498,243 | 8,973,364 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 678,908 | 7,474,777 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 1,350,451 | 14,395,810 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 800,366 | 13,182,034 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 168,933 | 2,875,247 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 143,346 | 6,758,776 |
Shares or Principal Amount | Value | |
Equity - (continued) | ||
International Dynamic Growth, Class NAV, JHIT (Axiom) | 137,914 | $1,464,651 |
International Growth, Class NAV, JHF III (Wellington) | 229,111 | 6,392,205 |
International Small Company, Class NAV, JHF II (DFA) | 535,440 | 5,188,415 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 499,347 | 10,136,735 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 689,402 | 9,555,115 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 137,333 | 2,191,830 |
Small Cap Value, Class NAV, JHF II (Wellington) | 113,909 | 2,044,668 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 6,552,159 | 71,418,536 |
Fixed income - 2.5% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 54,655 | 905,091 |
Core Bond, Class NAV, JHF II (Wells Capital) | 65,935 | 894,734 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 126,113 | 1,201,852 |
High Yield, Class NAV, JHBT (MIM US) (B) | 355,149 | 1,193,302 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 113,182 | 1,208,789 |
Alternative and specialty - 3.7% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 159,487 | 1,478,443 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 142,488 | 1,365,036 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 572,096 | 2,660,245 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 716,185 | 2,742,990 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $215,193,776) | $205,185,287 | |
UNAFFILIATED INVESTMENT COMPANIES - 4.0% | ||
Equity - 4.0% | ||
Fidelity 500 Index Fund | 8,140 | 836,418 |
Fidelity Emerging Markets Index Fund | 412,827 | 4,111,757 |
Fidelity International Index Fund | 63,440 | 2,453,235 |
Fidelity Small Cap Index Fund | 72,417 | 1,349,853 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $9,477,280) | $8,751,263 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 12,063 | 4,763 |
TOTAL COMMON STOCKS (Cost $5,131) | $4,763 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.6% | ||
U.S. Government - 2.6% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 2,347,700 | 1,442,157 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 2,269,400 | 1,429,446 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 2,284,700 | 1,429,950 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 2,260,200 | 1,431,305 |
22 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $5,011,523) | $5,732,858 | |
SHORT-TERM INVESTMENTS - 0.2% | ||
Short-term funds - 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 289,567 | $289,567 |
TOTAL SHORT-TERM INVESTMENTS (Cost $289,567) | $289,567 | |
Total investments (Cost $229,977,277) - 100.0% | $219,963,738 | |
Other assets and liabilities, net - 0.0% | 84,667 | |
TOTAL NET ASSETS - 100.0% | $220,048,405 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 93.3% | ||
Equity - 87.1% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 616,692 | $25,981,230 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 1,037,410 | 16,110,973 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 1,176,015 | 12,689,207 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 906,280 | 16,322,109 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 1,259,840 | 13,870,841 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 2,505,245 | 26,705,916 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 1,452,534 | 23,923,240 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 309,117 | 5,261,174 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 262,447 | 12,374,378 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 256,640 | 2,725,512 |
International Growth, Class NAV, JHF III (Wellington) | 426,067 | 11,887,269 |
International Small Company, Class NAV, JHF II (DFA) | 985,428 | 9,548,793 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 924,006 | 18,757,318 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 1,274,841 | 17,669,298 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 253,382 | 4,043,979 |
Small Cap Value, Class NAV, JHF II (Wellington) | 207,110 | 3,717,628 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 12,186,111 | 132,828,608 |
Fixed income - 2.4% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 97,618 | 1,616,547 |
Core Bond, Class NAV, JHF II (Wells Capital) | 115,743 | 1,570,634 |
Shares or Principal Amount | Value | |
Fixed income - (continued) | ||
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 230,836 | $2,199,870 |
High Yield, Class NAV, JHBT (MIM US) (B) | 657,038 | 2,207,646 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 208,976 | 2,231,861 |
Alternative and specialty - 3.8% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 297,349 | 2,756,424 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 266,646 | 2,554,472 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 1,067,309 | 4,962,987 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 1,334,242 | 5,110,145 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $385,770,607) | $379,628,059 | |
UNAFFILIATED INVESTMENT COMPANIES - 4.0% | ||
Equity - 4.0% | ||
Fidelity 500 Index Fund | 15,004 | 1,541,836 |
Fidelity Emerging Markets Index Fund | 769,506 | 7,664,277 |
Fidelity International Index Fund | 117,883 | 4,558,533 |
Fidelity Small Cap Index Fund | 131,877 | 2,458,189 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $17,575,331) | $16,222,835 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 24,454 | 9,656 |
TOTAL COMMON STOCKS (Cost $10,402) | $9,656 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.6% | ||
U.S. Government - 2.6% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 4,373,200 | 2,686,392 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 4,229,400 | 2,664,007 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 4,257,200 | 2,664,500 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 4,211,800 | 2,667,185 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $9,335,580) | $10,682,084 | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 500,220 | 500,220 |
TOTAL SHORT-TERM INVESTMENTS (Cost $500,220) | $500,220 | |
Total investments (Cost $413,192,140) - 100.0% | $407,042,854 | |
Other assets and liabilities, net - 0.0% | 100,127 | |
TOTAL NET ASSETS - 100.0% | $407,142,981 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 23 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 93.2% | ||
Equity - 87.0% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 1,089,887 | $45,916,958 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 1,822,285 | 28,300,088 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 2,087,094 | 22,519,748 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 1,565,395 | 28,192,765 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 2,204,484 | 24,271,373 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 4,360,822 | 46,486,366 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 2,508,887 | 41,321,363 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 548,595 | 9,337,093 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 454,565 | 21,432,716 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 455,187 | 4,834,081 |
International Growth, Class NAV, JHF III (Wellington) | 754,301 | 21,044,991 |
International Small Company, Class NAV, JHF II (DFA) | 1,722,537 | 16,691,384 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 1,633,858 | 33,167,313 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 2,261,676 | 31,346,830 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 449,252 | 7,170,065 |
Small Cap Value, Class NAV, JHF II (Wellington) | 355,399 | 6,379,420 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 21,583,320 | 235,258,191 |
Fixed income - 2.4% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 163,597 | 2,709,171 |
Core Bond, Class NAV, JHF II (Wells Capital) | 196,484 | 2,666,289 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 401,750 | 3,828,675 |
High Yield, Class NAV, JHBT (MIM US) (B) | 1,139,487 | 3,828,675 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 358,562 | 3,829,441 |
Alternative and specialty - 3.8% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 527,114 | 4,886,344 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 469,145 | 4,494,410 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 1,893,422 | 8,804,413 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 2,343,454 | 8,975,430 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $617,898,265) | $667,693,593 | |
UNAFFILIATED INVESTMENT COMPANIES - 4.0% | ||
Equity - 4.0% | ||
Fidelity 500 Index Fund | 26,566 | 2,729,959 |
Shares or Principal Amount | Value | |
Equity - (continued) | ||
Fidelity Emerging Markets Index Fund | 1,337,179 | $13,318,308 |
Fidelity International Index Fund | 208,363 | 8,057,396 |
Fidelity Small Cap Index Fund | 231,634 | 4,317,654 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $30,809,020) | $28,423,317 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 45,339 | 17,903 |
TOTAL COMMON STOCKS (Cost $19,285) | $17,903 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 2.6% | ||
U.S. Government - 2.6% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 7,759,500 | 4,766,546 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 7,506,200 | 4,727,993 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 7,555,200 | 4,728,656 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 7,474,300 | 4,733,212 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $16,564,020) | $18,956,407 | |
SHORT-TERM INVESTMENTS - 0.2% | ||
Short-term funds - 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 1,205,831 | 1,205,831 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,205,831) | $1,205,831 | |
Total investments (Cost $666,496,421) - 100.0% | $716,297,051 | |
Other assets and liabilities, net - 0.0% | 126,252 | |
TOTAL NET ASSETS - 100.0% | $716,423,303 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 91.4% | ||
Equity - 82.0% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 1,143,817 | $48,189,015 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 1,868,604 | 29,019,416 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 1,516,795 | 16,366,221 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 1,601,537 | 28,843,686 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 2,278,509 | 25,086,389 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 4,513,432 | 48,113,183 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 2,678,314 | 44,111,832 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 609,151 | 10,367,748 |
Fundamental Global Franchise, Class NAV, JHF II (MIM US) (B) | 199,581 | 2,103,582 |
24 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
Equity - (continued) | ||
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 500,863 | $23,615,669 |
Global Equity, Class NAV, JHF II (MIM US) (B) | 324,032 | 3,603,241 |
Global Shareholder Yield, Class NAV, JHF III (Epoch) | 209,237 | 2,167,691 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 344,618 | 3,659,848 |
International Growth, Class NAV, JHF III (Wellington) | 820,783 | 22,899,844 |
International Small Company, Class NAV, JHF II (DFA) | 1,891,177 | 18,325,507 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 1,652,234 | 33,540,360 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 2,300,148 | 31,880,055 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 434,300 | 6,931,425 |
Small Cap Value, Class NAV, JHF II (Wellington) | 357,880 | 6,423,949 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 23,089,601 | 251,676,653 |
Fixed income - 4.8% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 677,462 | 11,218,768 |
Core Bond, Class NAV, JHF II (Wells Capital) | 534,005 | 7,246,450 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 757,881 | 7,222,605 |
High Yield, Class NAV, JHBT (MIM US) (B) | 1,627,944 | 5,469,890 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 672,332 | 7,180,506 |
Alternative and specialty - 4.6% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 594,106 | 5,507,362 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 546,172 | 5,232,328 |
Diversified Real Assets, Class NAV, JHIT (Deutsche/MIM NA/Wellington) (B) | 755,496 | 6,429,269 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 2,088,969 | 9,713,706 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 2,599,924 | 9,957,708 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $677,752,496) | $732,103,906 | |
UNAFFILIATED INVESTMENT COMPANIES - 4.3% | ||
Equity - 4.3% | ||
Fidelity 500 Index Fund | 47,832 | 4,915,210 |
Fidelity Emerging Markets Index Fund | 1,173,176 | 11,684,830 |
Fidelity International Index Fund | 330,944 | 12,797,600 |
Fidelity Small Cap Index Fund | 249,992 | 4,659,860 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $37,062,625) | $34,057,500 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 49,809 | 19,668 |
TOTAL COMMON STOCKS (Cost $21,187) | $19,668 |
Shares or Principal Amount | Value | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 4.1% | ||
U.S. Government - 4.1% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 13,549,700 | $8,323,380 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 13,105,600 | 8,254,934 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 13,193,100 | 8,257,310 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 13,053,200 | 8,266,134 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $28,925,654) | $33,101,758 | |
SHORT-TERM INVESTMENTS - 0.2% | ||
Short-term funds - 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 1,204,510 | 1,204,510 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,204,510) | $1,204,510 | |
Total investments (Cost $744,966,472) - 100.0% | $800,487,342 | |
Other assets and liabilities, net - 0.0% | 133,869 | |
TOTAL NET ASSETS - 100.0% | $800,621,211 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 90.6% | ||
Equity - 73.9% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 1,296,155 | $54,607,029 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 2,086,651 | 32,405,692 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 1,893,330 | 20,429,031 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 1,722,662 | 31,025,151 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 2,508,597 | 27,619,651 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 4,723,608 | 50,353,666 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 3,150,169 | 51,883,287 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 603,144 | 10,265,518 |
Fundamental Global Franchise, Class NAV, JHF II (MIM US) (B) | 394,030 | 4,153,075 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 582,735 | 27,475,962 |
Global Equity, Class NAV, JHF II (MIM US) (B) | 533,381 | 5,931,197 |
Global Shareholder Yield, Class NAV, JHF III (Epoch) | 344,399 | 3,567,977 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 271,433 | 2,882,615 |
International Growth, Class NAV, JHF III (Wellington) | 943,924 | 26,335,491 |
International Small Company, Class NAV, JHF II (DFA) | 2,198,928 | 21,307,617 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 1,725,667 | 35,031,037 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 25 |
Shares or Principal Amount | Value | |
Equity - (continued) | ||
Mid Value, Class NAV, JHF II (T. Rowe Price) | 2,401,014 | $33,278,050 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 430,832 | 6,876,072 |
Small Cap Value, Class NAV, JHF II (Wellington) | 352,451 | 6,326,487 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 26,103,294 | 284,525,904 |
Fixed income - 11.3% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 1,863,714 | 30,863,101 |
Core Bond, Class NAV, JHF II (Wells Capital) | 1,941,343 | 26,344,023 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 1,720,527 | 16,396,622 |
High Yield, Class NAV, JHBT (MIM US) (B) | 3,137,151 | 10,540,828 |
Short Duration Credit Opportunities, Class NAV, JHF II (Stone Harbor) | 671,556 | 6,399,932 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 1,745,277 | 18,639,563 |
U.S. High Yield Bond, Class NAV, JHF II (Wells Capital) | 309,260 | 3,392,577 |
Alternative and specialty - 5.4% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 856,953 | 7,943,950 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 785,975 | 7,529,637 |
Diversified Real Assets, Class NAV, JHIT (Deutsche/MIM NA/Wellington) (B) | 2,222,346 | 18,912,166 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 2,068,360 | 9,617,875 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 2,524,795 | 9,669,967 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $834,731,335) | $902,530,750 | |
UNAFFILIATED INVESTMENT COMPANIES - 3.9% | ||
Equity - 3.9% | ||
Fidelity 500 Index Fund | 37,624 | 3,866,215 |
Fidelity Emerging Markets Index Fund | 977,161 | 9,732,525 |
Fidelity International Index Fund | 509,550 | 19,704,306 |
Fidelity Small Cap Index Fund | 287,741 | 5,363,484 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $42,181,014) | $38,666,530 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 52,909 | 20,892 |
TOTAL COMMON STOCKS (Cost $22,505) | $20,892 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 5.4% | ||
U.S. Government - 5.4% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 21,988,800 | 13,507,394 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 21,267,800 | 13,396,127 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 21,410,300 | 13,400,299 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 21,180,800 | 13,413,058 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $46,940,294) | $53,716,878 |
Shares or Principal Amount | Value | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 1,360,725 | $1,360,725 |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,360,725) | $1,360,725 | |
Total investments (Cost $925,235,873) - 100.0% | $996,295,775 | |
Other assets and liabilities, net - 0.0% | 139,730 | |
TOTAL NET ASSETS - 100.0% | $996,435,505 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 89.9% | ||
Equity - 64.4% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 1,192,350 | $50,233,695 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 1,805,645 | 28,041,671 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 3,056,920 | 32,984,168 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 1,514,742 | 27,280,498 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 2,519,866 | 27,743,723 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 4,360,845 | 46,486,605 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 2,892,995 | 47,647,631 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 662,419 | 11,274,367 |
Fundamental Global Franchise, Class NAV, JHF II (MIM US) (B) | 1,022,137 | 10,773,327 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 559,415 | 26,376,440 |
Global Equity, Class NAV, JHF II (MIM US) (B) | 1,154,590 | 12,839,039 |
Global Shareholder Yield, Class NAV, JHF III (Epoch) | 692,911 | 7,178,556 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 367,720 | 3,905,183 |
International Growth, Class NAV, JHF III (Wellington) | 914,357 | 25,510,567 |
International Small Company, Class NAV, JHF II (DFA) | 2,343,746 | 22,710,898 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 1,647,923 | 33,452,839 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 2,296,636 | 31,831,370 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 386,525 | 6,168,935 |
Small Cap Value, Class NAV, JHF II (Wellington) | 318,556 | 5,718,072 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 27,293,767 | 297,502,063 |
26 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
Fixed income - 19.0% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 3,307,383 | $54,770,258 |
Core Bond, Class NAV, JHF II (Wells Capital) | 4,098,923 | 55,622,385 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 3,239,499 | 30,872,434 |
High Yield, Class NAV, JHBT (MIM US) (B) | 5,924,722 | 19,907,066 |
Short Duration Credit Opportunities, Class NAV, JHF II (Stone Harbor) | 1,464,689 | 13,958,483 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 3,820,660 | 40,804,645 |
U.S. High Yield Bond, Class NAV, JHF II (Wells Capital) | 590,411 | 6,476,808 |
Alternative and specialty - 6.5% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 1,117,016 | 10,354,743 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 1,036,945 | 9,933,934 |
Diversified Real Assets, Class NAV, JHIT (Deutsche/MIM NA/Wellington) (B) | 4,110,714 | 34,982,174 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 2,259,618 | 10,507,222 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 2,793,790 | 10,700,215 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $973,662,997) | $1,054,550,014 | |
UNAFFILIATED INVESTMENT COMPANIES - 3.3% | ||
Equity - 3.3% | ||
Fidelity Emerging Markets Index Fund | 816,598 | 8,133,320 |
Fidelity International Index Fund | 662,046 | 25,601,315 |
Fidelity Small Cap Index Fund | 296,139 | 5,520,025 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $42,795,510) | $39,254,660 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 59,458 | 23,478 |
TOTAL COMMON STOCKS (Cost $25,291) | $23,478 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 6.6% | ||
U.S. Government - 6.6% | ||
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 31,913,800 | 19,604,175 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 30,867,100 | 19,442,518 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 31,072,500 | 19,447,686 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 30,740,400 | 19,466,817 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $68,133,684) | $77,961,196 | |
SHORT-TERM INVESTMENTS - 0.2% | ||
Short-term funds - 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 1,728,453 | 1,728,453 |
Shares or Principal Amount | Value | |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,728,453) | $1,728,453 | |
Total investments (Cost $1,086,345,935) - 100.0% | $1,173,517,801 | |
Other assets and liabilities, net - 0.0% | 148,582 | |
TOTAL NET ASSETS - 100.0% | $1,173,666,383 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 89.0% | ||
Equity - 53.7% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 782,089 | $32,949,399 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 1,113,650 | 17,294,984 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 4,094,317 | 44,177,684 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 946,953 | 17,054,616 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 2,207,660 | 24,306,335 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 3,010,224 | 32,088,992 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 1,945,784 | 32,047,065 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 536,336 | 9,128,432 |
Fundamental Global Franchise, Class NAV, JHF II (MIM US) (B) | 1,642,034 | 17,307,043 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 399,763 | 18,848,803 |
Global Equity, Class NAV, JHF II (MIM US) (B) | 1,549,296 | 17,228,170 |
Global Shareholder Yield, Class NAV, JHF III (Epoch) | 747,546 | 7,744,577 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 357,779 | 3,799,613 |
International Growth, Class NAV, JHF III (Wellington) | 785,279 | 21,909,289 |
International Small Company, Class NAV, JHF II (DFA) | 2,020,179 | 19,575,533 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 1,249,762 | 25,370,165 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 1,775,976 | 24,615,034 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 269,670 | 4,303,927 |
Small Cap Value, Class NAV, JHF II (Wellington) | 226,221 | 4,060,667 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 23,170,249 | 252,555,712 |
Fixed income - 27.9% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 4,587,810 | 75,974,138 |
Core Bond, Class NAV, JHF II (Wells Capital) | 4,591,011 | 62,300,021 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 3,948,185 | 37,626,216 |
Floating Rate Income, Class NAV, JHF II (Bain Capital) | 1,278,146 | 10,404,106 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 27 |
Shares or Principal Amount | Value | |
Fixed income - (continued) | ||
High Yield, Class NAV, JHBT (MIM US) (B) | 7,293,628 | $24,506,589 |
Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 1,693,275 | 17,017,414 |
Short Duration Credit Opportunities, Class NAV, JHF II (Stone Harbor) | 2,409,721 | 22,964,643 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 6,260,744 | 66,864,747 |
U.S. High Yield Bond, Class NAV, JHF II (Wells Capital) | 712,731 | 7,818,661 |
Alternative and specialty - 7.4% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 1,143,899 | 10,603,941 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 1,072,040 | 10,270,143 |
Diversified Real Assets, Class NAV, JHIT (Deutsche/MIM NA/Wellington) (B) | 5,578,610 | 47,473,973 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 1,847,792 | 8,592,231 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 2,262,609 | 8,665,794 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $962,843,009) | $1,037,448,657 | |
UNAFFILIATED INVESTMENT COMPANIES - 2.9% | ||
Equity - 2.9% | ||
Fidelity Emerging Markets Index Fund | 692,337 | 6,895,673 |
Fidelity International Index Fund | 555,094 | 21,465,489 |
Fidelity Small Cap Index Fund | 253,195 | 4,719,555 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $36,129,004) | $33,080,717 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 43,019 | 16,986 |
TOTAL COMMON STOCKS (Cost $18,298) | $16,986 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.0% | ||
U.S. Government - 8.0% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 6,700,911 | 6,779,888 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 5,168,536 | 5,296,193 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 2,959,275 | 3,000,917 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 31,934,700 | 19,617,014 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 30,886,800 | 19,454,926 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 31,093,700 | 19,460,955 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 30,759,100 | 19,478,659 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $83,119,347) | $93,088,552 | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 1,703,783 | 1,703,783 |
Shares or Principal Amount | Value | |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,703,783) | $1,703,783 | |
Total investments (Cost $1,083,813,441) - 100.0% | $1,165,338,695 | |
Other assets and liabilities, net - 0.0% | 128,065 | |
TOTAL NET ASSETS - 100.0% | $1,165,466,760 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 89.4% | ||
Equity - 41.4% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 189,127 | $7,967,902 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 156,930 | 2,437,116 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 3,417,217 | 36,871,771 |
Disciplined Value, Class NAV, JHF III (Boston Partners) | 58,493 | 1,053,460 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 989,014 | 10,889,049 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 1,221,014 | 13,016,005 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 540,972 | 8,909,801 |
Financial Industries, Class NAV, JHIT II (MIM US) (B) | 317,027 | 5,395,794 |
Fundamental Global Franchise, Class NAV, JHF II (MIM US) (B) | 1,271,642 | 13,403,112 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 187,824 | 8,855,904 |
Global Equity, Class NAV, JHF II (MIM US) (B) | 1,213,143 | 13,490,149 |
Global Shareholder Yield, Class NAV, JHF III (Epoch) | 641,850 | 6,649,570 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 418,559 | 4,445,101 |
International Growth, Class NAV, JHF III (Wellington) | 253,652 | 7,076,888 |
International Small Company, Class NAV, JHF II (DFA) | 1,028,383 | 9,965,029 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 583,057 | 11,836,056 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 823,417 | 11,412,558 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 189,605 | 3,026,093 |
Small Cap Value, Class NAV, JHF II (Wellington) | 160,144 | 2,874,579 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 11,939,865 | 130,144,528 |
Fixed income - 39.5% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 4,452,582 | 73,734,758 |
Core Bond, Class NAV, JHF II (Wells Capital) | 4,778,205 | 64,840,236 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 3,237,300 | 30,851,474 |
Floating Rate Income, Class NAV, JHF II (Bain Capital) | 1,489,455 | 12,124,161 |
28 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
Fixed income - (continued) | ||
High Yield, Class NAV, JHBT (MIM US) (B) | 5,993,761 | $20,139,039 |
Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 2,292,213 | 23,036,737 |
Short Duration Credit Opportunities, Class NAV, JHF II (Stone Harbor) | 1,731,982 | 16,505,789 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 4,465,019 | 47,686,407 |
U.S. High Yield Bond, Class NAV, JHF II (Wells Capital) | 580,767 | 6,371,013 |
Alternative and specialty - 8.5% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 813,979 | 7,545,588 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 771,573 | 7,391,667 |
Diversified Real Assets, Class NAV, JHIT (Deutsche/MIM NA/Wellington) (B) | 4,533,737 | 38,582,100 |
Health Sciences, Class NAV, JHF II (T. Rowe Price) | 1,096,519 | 5,098,814 |
Science & Technology, Class NAV, JHF II (T. Rowe Price/Allianz) | 1,344,988 | 5,151,305 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $625,939,465) | $668,779,553 | |
UNAFFILIATED INVESTMENT COMPANIES - 2.1% | ||
Equity - 2.1% | ||
Fidelity Emerging Markets Index Fund | 259,772 | 2,587,327 |
Fidelity International Index Fund | 346,190 | 13,387,166 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $17,596,491) | $15,974,493 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 19,966 | 7,884 |
TOTAL COMMON STOCKS (Cost $8,493) | $7,884 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.3% | ||
U.S. Government - 8.3% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 9,120,845 | 9,228,344 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 7,034,387 | 7,208,128 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 4,028,213 | 4,084,896 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 17,056,400 | 10,477,494 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 16,495,800 | 10,390,347 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 16,605,500 | 10,393,066 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 16,428,100 | 10,403,339 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $56,738,980) | $62,185,614 | |
SHORT-TERM INVESTMENTS - 0.2% | ||
Short-term funds - 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 1,258,855 | 1,258,855 |
Shares or Principal Amount | Value | |
TOTAL SHORT-TERM INVESTMENTS (Cost $1,258,855) | $1,258,855 | |
Total investments (Cost $701,542,284) - 100.0% | $748,206,399 | |
Other assets and liabilities, net - 0.0% | 69,524 | |
TOTAL NET ASSETS - 100.0% | $748,275,923 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 89.7% | ||
Equity - 34.8% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 52,239 | $2,200,830 |
Capital Appreciation, Class NAV, JHF II (Jennison) | 45,608 | 708,286 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 1,256,722 | 13,560,032 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 315,455 | 3,473,162 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 250,816 | 2,673,701 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 174,264 | 2,870,122 |
Fundamental Global Franchise, Class NAV, JHF II (MIM US) (B) | 475,065 | 5,007,182 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 53,732 | 2,533,450 |
Global Equity, Class NAV, JHF II (MIM US) (B) | 444,929 | 4,947,605 |
Global Shareholder Yield, Class NAV, JHF III (Epoch) | 284,034 | 2,942,596 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 115,284 | 1,224,315 |
International Growth, Class NAV, JHF III (Wellington) | 87,324 | 2,436,338 |
International Small Company, Class NAV, JHF II (DFA) | 316,177 | 3,063,754 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 147,124 | 2,986,627 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 209,196 | 2,899,458 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 45,270 | 722,505 |
Small Cap Value, Class NAV, JHF II (Wellington) | 38,397 | 689,225 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 3,630,198 | 39,569,154 |
Fixed income - 47.3% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 1,946,197 | 32,229,026 |
Core Bond, Class NAV, JHF II (Wells Capital) | 2,083,754 | 28,276,547 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 1,289,587 | 12,289,771 |
Floating Rate Income, Class NAV, JHF II (Bain Capital) | 785,771 | 6,396,179 |
High Yield, Class NAV, JHBT (MIM US) (B) | 2,383,304 | 8,007,901 |
Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 1,276,694 | 12,830,773 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 29 |
Shares or Principal Amount | Value | |
Fixed income - (continued) | ||
Short Duration Credit Opportunities, Class NAV, JHF II (Stone Harbor) | 695,371 | $6,626,886 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 1,795,482 | 19,175,752 |
U.S. High Yield Bond, Class NAV, JHF II (Wells Capital) | 232,630 | 2,551,947 |
Alternative and specialty - 7.6% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 330,709 | 3,065,672 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 312,867 | 2,997,267 |
Diversified Real Assets, Class NAV, JHIT (Deutsche/MIM NA/Wellington) (B) | 1,699,597 | 14,463,572 |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $228,298,805) | $243,419,635 | |
UNAFFILIATED INVESTMENT COMPANIES - 1.8% | ||
Equity - 1.8% | ||
Fidelity Emerging Markets Index Fund | 93,449 | 930,753 |
Fidelity International Index Fund | 101,194 | 3,913,165 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $5,318,892) | $4,843,918 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 5,942 | 2,346 |
TOTAL COMMON STOCKS (Cost $2,528) | $2,346 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.4% | ||
U.S. Government - 8.4% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 5,052,514 | 5,112,064 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 3,896,641 | 3,992,883 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 2,230,915 | 2,262,308 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 4,638,000 | 2,849,055 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 4,485,700 | 2,825,445 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 4,515,000 | 2,825,852 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 4,466,300 | 2,828,351 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $21,163,856) | $22,695,958 | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 374,168 | 374,168 |
TOTAL SHORT-TERM INVESTMENTS (Cost $374,168) | $374,168 | |
Total investments (Cost $255,158,249) - 100.0% | $271,336,025 | |
Other assets and liabilities, net - 0.0% | 62,500 | |
TOTAL NET ASSETS - 100.0% | $271,398,525 |
Shares or Principal Amount | Value | |
AFFILIATED INVESTMENT COMPANIES (A) - 90.2% | ||
Equity - 28.7% | ||
Blue Chip Growth, Class NAV, JHF II (T. Rowe Price) | 12,510 | $527,058 |
Capital Appreciation Value, Class NAV, JHF II (T. Rowe Price) | 797,532 | 8,605,371 |
Disciplined Value International, Class NAV, JHIT (Boston Partners) | 196,003 | 2,157,998 |
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B) | 58,304 | 621,517 |
Equity Income, Class NAV, JHF II (T. Rowe Price) | 31,001 | 510,584 |
Fundamental Global Franchise, Class NAV, JHF II (MIM US) (B) | 259,122 | 2,731,144 |
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B) | 23,945 | 1,128,997 |
Global Equity, Class NAV, JHF II (MIM US) (B) | 308,157 | 3,426,706 |
Global Shareholder Yield, Class NAV, JHF III (Epoch) | 227,446 | 2,356,345 |
International Dynamic Growth, Class NAV, JHIT (Axiom) | 35,692 | 379,046 |
International Growth, Class NAV, JHF III (Wellington) | 67,581 | 1,885,517 |
International Small Company, Class NAV, JHF II (DFA) | 178,403 | 1,728,724 |
Mid Cap Stock, Class NAV, JHF II (Wellington) | 59,014 | 1,197,987 |
Mid Value, Class NAV, JHF II (T. Rowe Price) | 82,501 | 1,143,468 |
Small Cap Growth, Class NAV, JHF II (Redwood) (C) | 15,325 | 244,584 |
Small Cap Value, Class NAV, JHF II (Wellington) | 13,004 | 233,421 |
Strategic Equity Allocation, Class NAV, JHF II (MIM US) (B) | 2,008,524 | 21,892,911 |
Fixed income - 53.6% | ||
Bond, Class NAV, JHSB (MIM US) (B) | 1,407,583 | 23,309,582 |
Core Bond, Class NAV, JHF II (Wells Capital) | 1,542,999 | 20,938,491 |
Emerging Markets Debt, Class NAV, JHF II (MIM US) (B) | 881,579 | 8,401,453 |
Floating Rate Income, Class NAV, JHF II (Bain Capital) | 665,694 | 5,418,750 |
High Yield, Class NAV, JHBT (MIM US) (B) | 1,624,456 | 5,458,171 |
Short Duration Bond, Class NAV, JHBT (MIM US) (B) | 1,124,009 | 11,296,293 |
Short Duration Credit Opportunities, Class NAV, JHF II (Stone Harbor) | 492,486 | 4,693,396 |
Strategic Income Opportunities, Class NAV, JHF II (MIM US) (B) | 1,270,292 | 13,566,716 |
U.S. High Yield Bond, Class NAV, JHF II (Wells Capital) | 158,506 | 1,738,814 |
Alternative and specialty - 7.9% | ||
Absolute Return Currency, Class NAV, JHF II (First Quadrant) | 241,661 | 2,240,197 |
Alternative Risk Premia, Class NAV, JHIT (Unigestion) | 226,709 | 2,171,868 |
Diversified Real Assets, Class NAV, JHIT (Deutsche/MIM NA/Wellington) (B) | 1,112,044 | 9,463,491 |
30 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares or Principal Amount | Value | |
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $152,068,538) | $159,468,600 | |
UNAFFILIATED INVESTMENT COMPANIES - 1.5% | ||
Equity - 1.5% | ||
Fidelity Emerging Markets Index Fund | 60,689 | $604,459 |
Fidelity International Index Fund | 50,698 | 1,960,497 |
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $2,743,912) | $2,564,956 | |
COMMON STOCKS - 0.0% | ||
Energy - 0.0% | ||
Sakari Resources, Ltd. (C)(D)(E) | 2,849 | 1,125 |
TOTAL COMMON STOCKS (Cost $1,212) | $1,125 | |
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 8.2% | ||
U.S. Government - 8.2% | ||
U.S. Treasury Inflation Protected Security, 0.125%, 01/15/2023 | 4,305,692 | 4,356,440 |
U.S. Treasury Inflation Protected Security, 0.125%, 07/15/2024 | 3,320,868 | 3,402,890 |
U.S. Treasury Inflation Protected Security, 0.625%, 07/15/2021 | 1,901,740 | 1,928,500 |
U.S. Treasury STRIPS, PO, 1.687%, 11/15/2048 | 1,957,500 | 1,202,463 |
U.S. Treasury STRIPS, PO, 1.704%, 02/15/2047 | 1,893,900 | 1,192,927 |
U.S. Treasury STRIPS, PO, 1.712%, 05/15/2047 | 1,905,800 | 1,192,804 |
U.S. Treasury STRIPS, PO, 1.716%, 08/15/2046 | 1,886,500 | 1,194,654 |
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $13,780,139) | $14,470,678 | |
SHORT-TERM INVESTMENTS - 0.1% | ||
Short-term funds - 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 1.5386% (F) | 227,081 | 227,081 |
TOTAL SHORT-TERM INVESTMENTS (Cost $227,081) | $227,081 | |
Total investments (Cost $168,820,882) - 100.0% | $176,732,440 | |
Other assets and liabilities, net - 0.0% | 57,948 | |
TOTAL NET ASSETS - 100.0% | $176,790,388 |
JHBT | John Hancock Bond Trust |
JHF II | John Hancock Funds II |
JHF III | John Hancock Funds III |
JHIT | John Hancock Investment Trust |
JHIT II | John Hancock Investment Trust II |
JHSB | John Hancock Sovereign Bond Fund |
PO | Principal-Only Security - (Principal Tranche of Stripped Security). Rate shown is the annualized yield on date of purchase. |
STRIPS | Separate Trading of Registered Interest and Principal Securities |
(A) | The underlying funds' subadvisor is shown parenthetically. |
(B) | The subadvisor is an affiliate of the advisor. |
(C) | Non-income producing. |
(D) | Restricted security as to resale, excluding 144A securities. |
(E) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements. |
(F) | The rate shown is the annualized seven-day yield as of 2-29-20. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 31 |
Financial statements |
Multimanager 2060 Lifetime Portfolio | Multimanager 2055 Lifetime Portfolio | Multimanager 2050 Lifetime Portfolio | Multimanager 2045 Lifetime Portfolio | |
Assets | ||||
Unaffiliated investments, at value | $6,713,081 | $14,778,451 | $27,414,795 | $48,603,458 |
Affiliated investments, at value | 93,698,737 | 205,185,287 | 379,628,059 | 667,693,593 |
Total investments, at value | 100,411,818 | 219,963,738 | 407,042,854 | 716,297,051 |
Dividends and interest receivable | 13,203 | 33,422 | 66,326 | 130,076 |
Receivable for fund shares sold | 283,586 | 808,615 | 435,151 | 398,950 |
Receivable for investments sold | — | — | — | 600,135 |
Receivable from affiliates | 2,553 | 4,026 | 6,150 | 11,056 |
Other assets | 88,675 | 89,378 | 92,490 | 82,659 |
Total assets | 100,799,835 | 220,899,179 | 407,642,971 | 717,519,927 |
Liabilities | ||||
Payable for investments purchased | 213,277 | 799,199 | 192,253 | 49,243 |
Payable for fund shares repurchased | 70,424 | 20,778 | 266,249 | 985,880 |
Payable to affiliates | ||||
Accounting and legal services fees | 2,743 | 5,972 | 11,006 | 19,457 |
Transfer agent fees | 358 | 1,756 | 6,179 | 11,462 |
Distribution and service fees | 73 | 304 | 1,612 | 2,142 |
Trustees' fees | 19 | 248 | 634 | 1,317 |
Other liabilities and accrued expenses | 21,683 | 22,517 | 22,057 | 27,123 |
Total liabilities | 308,577 | 850,774 | 499,990 | 1,096,624 |
Net assets | $100,491,258 | $220,048,405 | $407,142,981 | $716,423,303 |
Net assets consist of | ||||
Paid-in capital | $105,601,382 | $230,042,491 | $410,777,114 | $648,490,935 |
Total distributable earnings (loss) | (5,110,124) | (9,994,086) | (3,634,133) | 67,932,368 |
Net assets | $100,491,258 | $220,048,405 | $407,142,981 | $716,423,303 |
Unaffiliated investments, at cost | $6,721,791 | $14,783,501 | $27,421,533 | $48,598,156 |
Affiliated investments, at cost | 99,160,176 | 215,193,776 | 385,770,607 | 617,898,265 |
Total investments, at cost | 105,881,967 | 229,977,277 | 413,192,140 | 666,496,421 |
Net asset value per share | ||||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||
Class A1 | ||||
Net assets | $3,291,653 | $16,949,863 | $59,857,307 | $111,028,072 |
Shares outstanding | 290,286 | 1,674,043 | 5,534,899 | 11,448,193 |
Net asset value and redemption price per share | $11.34 | $10.13 | $10.81 | $9.70 |
Class I | ||||
Net assets | $44,670 | $56,305 | $57,643 | $212,965 |
Shares outstanding | 3,934 | 5,555 | 5,327 | 21,837 |
Net asset value, offering price and redemption price per share | $11.362 | $10.14 | $10.82 | $9.75 |
Class R1 | ||||
Net assets | $60,220 | $127,469 | $1,594,548 | $1,798,908 |
Shares outstanding | 5,309 | 12,596 | 147,689 | 185,987 |
Net asset value, offering price and redemption price per share | $11.34 | $10.12 | $10.80 | $9.67 |
Class R2 | ||||
Net assets | $106,313 | $675,802 | $1,141,462 | $2,537,141 |
Shares outstanding | 9,375 | 66,754 | 105,541 | 260,393 |
Net asset value, offering price and redemption price per share | $11.34 | $10.12 | $10.82 | $9.74 |
Class R3 | ||||
Net assets | $205,719 | $149,171 | $1,116,604 | $1,089,143 |
Shares outstanding | 18,136 | 14,754 | 103,393 | 112,459 |
Net asset value, offering price and redemption price per share | $11.34 | $10.11 | $10.80 | $9.68 |
Class R4 | ||||
Net assets | $60,207 | $41,351 | $876,390 | $136,074 |
Shares outstanding | 5,308 | 4,082 | 81,047 | 13,996 |
Net asset value, offering price and redemption price per share | $11.34 | $10.13 | $10.81 | $9.72 |
Class R5 | ||||
Net assets | $160,267 | $142,393 | $42,566 | $1,601,226 |
Shares outstanding | 14,126 | 14,043 | 3,932 | 163,784 |
Net asset value, offering price and redemption price per share | $11.35 | $10.14 | $10.83 | $9.78 |
Class R6 | ||||
Net assets | $2,342,316 | $7,430,148 | $18,167,860 | $30,716,237 |
Shares outstanding | 206,247 | 732,805 | 1,677,654 | 3,149,578 |
Net asset value, offering price and redemption price per share | $11.36 | $10.14 | $10.83 | $9.75 |
32 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multimanager 2060 Lifetime Portfolio | Multimanager 2055 Lifetime Portfolio | Multimanager 2050 Lifetime Portfolio | Multimanager 2045 Lifetime Portfolio | |
Class 1 | ||||
Net assets | $94,219,893 | $194,475,903 | $324,288,601 | $567,303,537 |
Shares outstanding | 8,299,385 | 19,184,066 | 29,982,734 | 58,107,494 |
Net asset value, offering price and redemption price per share | $11.35 | $10.14 | $10.82 | $9.76 |
Maximum offering price per share | ||||
Class A (net asset value per share ÷ 95%)3 | $11.94 | $10.66 | $11.38 | $10.21 |
1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
2 | Net asset value, offering price and redemption price per share of $11.36 is calculated using Net assets of $44,670.06 and Shares outstanding of 3,933.875. |
3 | On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 33 |
Multimanager 2040 Lifetime Portfolio | Multimanager 2035 Lifetime Portfolio | Multimanager 2030 Lifetime Portfolio | Multimanager 2025 Lifetime Portfolio | |
Assets | ||||
Unaffiliated investments, at value | $68,383,436 | $93,765,025 | $118,967,787 | $127,890,038 |
Affiliated investments, at value | 732,103,906 | 902,530,750 | 1,054,550,014 | 1,037,448,657 |
Total investments, at value | 800,487,342 | 996,295,775 | 1,173,517,801 | 1,165,338,695 |
Dividends and interest receivable | 192,732 | 363,910 | 611,074 | 867,114 |
Receivable for fund shares sold | 381,379 | 142,412 | 225,689 | 236,301 |
Receivable for investments sold | 2,762,439 | 5,779,279 | 8,109,852 | 7,108,167 |
Receivable from affiliates | 12,444 | 14,206 | 17,086 | 16,731 |
Other assets | 82,578 | 85,863 | 87,752 | 89,098 |
Total assets | 803,918,914 | 1,002,681,445 | 1,182,569,254 | 1,173,656,106 |
Liabilities | ||||
Payable for investments purchased | 2,803,820 | 3,902,854 | 5,763,459 | 6,602,071 |
Payable for fund shares repurchased | 427,638 | 2,265,247 | 3,053,667 | 1,501,012 |
Payable to affiliates | ||||
Accounting and legal services fees | 21,670 | 26,762 | 31,031 | 30,713 |
Transfer agent fees | 14,073 | 16,192 | 19,635 | 18,926 |
Distribution and service fees | 1,632 | 4,076 | 2,616 | 3,491 |
Trustees' fees | 1,463 | 1,845 | 2,257 | 2,357 |
Other liabilities and accrued expenses | 27,407 | 28,964 | 30,206 | 30,776 |
Total liabilities | 3,297,703 | 6,245,940 | 8,902,871 | 8,189,346 |
Net assets | $800,621,211 | $996,435,505 | $1,173,666,383 | $1,165,466,760 |
Net assets consist of | ||||
Paid-in capital | $725,963,933 | $903,951,340 | $1,065,160,042 | $1,064,928,582 |
Total distributable earnings (loss) | 74,657,278 | 92,484,165 | 108,506,341 | 100,538,178 |
Net assets | $800,621,211 | $996,435,505 | $1,173,666,383 | $1,165,466,760 |
Unaffiliated investments, at cost | $67,213,976 | $90,504,538 | $112,682,938 | $120,970,432 |
Affiliated investments, at cost | 677,752,496 | 834,731,335 | 973,662,997 | 962,843,009 |
Total investments, at cost | 744,966,472 | 925,235,873 | 1,086,345,935 | 1,083,813,441 |
Net asset value per share | ||||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | ||||
Class A1 | ||||
Net assets | $138,122,361 | $158,858,240 | $194,154,069 | $188,536,725 |
Shares outstanding | 13,850,466 | 15,911,560 | 19,712,584 | 19,384,456 |
Net asset value and redemption price per share | $9.97 | $9.98 | $9.85 | $9.73 |
Class I | ||||
Net assets | $263,848 | $15,285 | $978,036 | $1,637,057 |
Shares outstanding | 26,299 | 1,525 | 99,685 | 169,144 |
Net asset value, offering price and redemption price per share | $10.03 | $10.032 | $9.81 | $9.68 |
Class R1 | ||||
Net assets | $2,853,081 | $4,571,680 | $3,777,464 | $3,785,585 |
Shares outstanding | 286,806 | 459,284 | 385,924 | 391,787 |
Net asset value, offering price and redemption price per share | $9.95 | $9.95 | $9.79 | $9.66 |
Class R2 | ||||
Net assets | $986,870 | $2,626,217 | $2,911,909 | $5,631,870 |
Shares outstanding | 98,584 | 261,693 | 297,827 | 583,105 |
Net asset value, offering price and redemption price per share | $10.01 | $10.04 | $9.78 | $9.66 |
Class R3 | ||||
Net assets | $1,323,609 | $2,035,027 | $1,485,223 | $2,702,693 |
Shares outstanding | 133,259 | 204,070 | 151,563 | 279,572 |
Net asset value, offering price and redemption price per share | $9.93 | $9.97 | $9.80 | $9.67 |
Class R4 | ||||
Net assets | $245,257 | $99,049 | $519,980 | $724,734 |
Shares outstanding | 24,583 | 9,877 | 53,085 | 74,793 |
Net asset value, offering price and redemption price per share | $9.98 | $10.03 | $9.80 | $9.69 |
Class R5 | ||||
Net assets | $236,703 | $424,865 | $804,115 | $1,330,246 |
Shares outstanding | 23,576 | 42,298 | 82,071 | 137,607 |
Net asset value, offering price and redemption price per share | $10.04 | $10.04 | $9.80 | $9.67 |
Class R6 | ||||
Net assets | $32,718,861 | $40,598,213 | $49,126,072 | $45,093,925 |
Shares outstanding | 3,267,176 | 4,045,384 | 5,013,832 | 4,668,426 |
Net asset value, offering price and redemption price per share | $10.01 | $10.04 | $9.80 | $9.66 |
34 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multimanager 2040 Lifetime Portfolio | Multimanager 2035 Lifetime Portfolio | Multimanager 2030 Lifetime Portfolio | Multimanager 2025 Lifetime Portfolio | |
Class 1 | ||||
Net assets | $623,870,621 | $787,206,929 | $919,909,515 | $916,023,925 |
Shares outstanding | 62,218,852 | 78,351,151 | 93,795,737 | 94,717,017 |
Net asset value, offering price and redemption price per share | $10.03 | $10.05 | $9.81 | $9.67 |
Maximum offering price per share | ||||
Class A (net asset value per share ÷ 95%)3 | $10.49 | $10.51 | $10.37 | $10.24 |
1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
2 | Net asset value, offering price and redemption price per share of $10.03 is calculated using Net assets of $15,285.30 and Shares outstanding of 1,524.512. |
3 | On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 35 |
Multimanager 2020 Lifetime Portfolio | Multimanager 2015 Lifetime Portfolio | Multimanager 2010 Lifetime Portfolio | |
Assets | |||
Unaffiliated investments, at value | $79,426,846 | $27,916,390 | $17,263,840 |
Affiliated investments, at value | 668,779,553 | 243,419,635 | 159,468,600 |
Total investments, at value | 748,206,399 | 271,336,025 | 176,732,440 |
Dividends and interest receivable | 730,967 | 311,047 | 221,712 |
Receivable for fund shares sold | 147,912 | 322,669 | 299,085 |
Receivable for investments sold | 6,946,843 | 2,700,246 | 1,025,463 |
Receivable from affiliates | 11,954 | 5,374 | 4,020 |
Other assets | 83,925 | 80,102 | 75,333 |
Total assets | 756,128,000 | 274,755,463 | 178,358,053 |
Liabilities | |||
Payable for investments purchased | 4,274,846 | 1,711,736 | 975,597 |
Payable for fund shares repurchased | 3,507,154 | 1,603,009 | 559,525 |
Payable to affiliates | |||
Accounting and legal services fees | 19,525 | 7,103 | 4,542 |
Transfer agent fees | 17,550 | 9,097 | 4,346 |
Distribution and service fees | 2,852 | 1,075 | 219 |
Trustees' fees | 1,644 | 564 | 316 |
Other liabilities and accrued expenses | 28,506 | 24,354 | 23,120 |
Total liabilities | 7,852,077 | 3,356,938 | 1,567,665 |
Net assets | $748,275,923 | $271,398,525 | $176,790,388 |
Net assets consist of | |||
Paid-in capital | $682,282,326 | $248,754,238 | $164,762,680 |
Total distributable earnings (loss) | 65,993,597 | 22,644,287 | 12,027,708 |
Net assets | $748,275,923 | $271,398,525 | $176,790,388 |
Unaffiliated investments, at cost | $75,602,819 | $26,859,444 | $16,752,344 |
Affiliated investments, at cost | 625,939,465 | 228,298,805 | 152,068,538 |
Total investments, at cost | 701,542,284 | 255,158,249 | 168,820,882 |
Net asset value per share | |||
The portfolios have an unlimited number of shares authorized with no par value. Net asset value is calculated by dividing the net assets of each class of shares by the number of outstanding shares in the class. | |||
Class A1 | |||
Net assets | $178,782,810 | $92,025,083 | $43,923,890 |
Shares outstanding | 19,342,078 | 10,801,943 | 5,230,088 |
Net asset value and redemption price per share | $9.24 | $8.52 | $8.40 |
Class I | |||
Net assets | $84,130 | $771,887 | $237,451 |
Shares outstanding | 9,101 | 90,690 | 28,297 |
Net asset value, offering price and redemption price per share | $9.24 | $8.51 | $8.39 |
Class R1 | |||
Net assets | $4,316,211 | $1,543,601 | $301,424 |
Shares outstanding | 468,881 | 181,799 | 36,030 |
Net asset value, offering price and redemption price per share | $9.21 | $8.49 | $8.37 |
Class R2 | |||
Net assets | $988,535 | $37,603 | $462,295 |
Shares outstanding | 107,455 | 4,441 | 55,106 |
Net asset value, offering price and redemption price per share | $9.20 | $8.47 | $8.39 |
Class R3 | |||
Net assets | $1,642,871 | $1,069,727 | $118,866 |
Shares outstanding | 178,341 | 126,007 | 14,206 |
Net asset value, offering price and redemption price per share | $9.21 | $8.49 | $8.37 |
Class R4 | |||
Net assets | $217,473 | $11,155 | $47,433 |
Shares outstanding | 23,653 | 1,315 | 5,656 |
Net asset value, offering price and redemption price per share | $9.19 | $8.48 | $8.39 |
Class R5 | |||
Net assets | $3,254,314 | $288,995 | $23,261 |
Shares outstanding | 352,875 | 34,009 | 2,773 |
Net asset value, offering price and redemption price per share | $9.22 | $8.50 | $8.39 |
Class R6 | |||
Net assets | $29,428,132 | $11,122,755 | $7,767,232 |
Shares outstanding | 3,197,096 | 1,307,961 | 925,353 |
Net asset value, offering price and redemption price per share | $9.20 | $8.50 | $8.39 |
Class 1 | |||
Net assets | $529,561,447 | $164,527,719 | $123,908,536 |
Shares outstanding | 57,431,746 | 19,350,718 | 14,765,631 |
Net asset value, offering price and redemption price per share | $9.22 | $8.50 | $8.39 |
36 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multimanager 2020 Lifetime Portfolio | Multimanager 2015 Lifetime Portfolio | Multimanager 2010 Lifetime Portfolio | |
Maximum offering price per share | |||
Class A (net asset value per share ÷ 95%)2 | $9.73 | $8.97 | $8.84 |
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 $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 37 |
Multimanager 2060 Lifetime Portfolio | Multimanager 2055 Lifetime Portfolio | Multimanager 2050 Lifetime Portfolio | Multimanager 2045 Lifetime Portfolio | |
Investment income | ||||
Income distributions received from affiliated investments | $1,540,739 | $3,546,681 | $6,755,098 | $12,022,617 |
Dividends | 43,499 | 100,048 | 189,949 | 338,252 |
Interest | 9,367 | 21,491 | 40,596 | 74,900 |
Less foreign taxes withheld | (540) | (1,534) | (3,110) | — |
Other income received from advisor | 65,633 | 140,097 | 245,650 | 513,271 |
Total investment income | 1,658,698 | 3,806,783 | 7,228,183 | 12,949,040 |
Expenses | ||||
Investment management fees | 70,064 | 161,923 | 309,234 | 552,962 |
Distribution and service fees | 27,951 | 76,310 | 189,757 | 338,977 |
Accounting and legal services fees | 8,744 | 20,226 | 38,534 | 68,837 |
Transfer agent fees | 1,881 | 10,417 | 38,404 | 72,117 |
Trustees' fees | 826 | 1,989 | 3,818 | 6,936 |
Custodian fees | 27,151 | 27,151 | 27,151 | 27,151 |
State registration fees | 50,459 | 50,819 | 46,311 | 46,870 |
Printing and postage | 9,280 | 9,786 | 10,962 | 12,756 |
Professional fees | 21,423 | 22,735 | 22,628 | 27,908 |
Other | 7,720 | 8,158 | 8,890 | 10,426 |
Total expenses | 225,499 | 389,514 | 695,689 | 1,164,940 |
Less expense reductions | (195,826) | (303,252) | (469,113) | (755,918) |
Net expenses | 29,673 | 86,262 | 226,576 | 409,022 |
Net investment income | 1,629,025 | 3,720,521 | 7,001,607 | 12,540,018 |
Realized and unrealized gain (loss) | ||||
Net realized gain (loss) on | ||||
Unaffiliated investments | 7,885 | 22,771 | 48,777 | 92,310 |
Affiliated investments | (449,697) | (400,323) | 1,257,530 | 12,375,862 |
Capital gain distributions received from unaffiliated investments | 15,168 | 34,999 | 66,975 | 119,298 |
Capital gain distributions received from affiliated investments | 2,416,766 | 5,535,003 | 10,495,415 | 18,667,179 |
1,990,122 | 5,192,450 | 11,868,697 | 31,254,649 | |
Change in net unrealized appreciation (depreciation) of | ||||
Unaffiliated investments | 33,896 | 114,733 | 240,694 | 470,823 |
Affiliated investments | (3,093,770) | (6,373,470) | (13,011,319) | (32,198,744) |
(3,059,874) | (6,258,737) | (12,770,625) | (31,727,921) | |
Net realized and unrealized loss | (1,069,752) | (1,066,287) | (901,928) | (473,272) |
Increase in net assets from operations | $559,273 | $2,654,234 | $6,099,679 | $12,066,746 |
38 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multimanager 2040 Lifetime Portfolio | Multimanager 2035 Lifetime Portfolio | Multimanager 2030 Lifetime Portfolio | Multimanager 2025 Lifetime Portfolio | |
Investment income | ||||
Income distributions received from affiliated investments | $13,282,556 | $16,361,992 | $18,876,424 | $18,979,096 |
Dividends | 371,014 | 470,146 | 614,942 | 725,761 |
Interest | 118,961 | 183,580 | 314,674 | 328,299 |
Other income received from advisor | 557,812 | 562,142 | 678,436 | 585,253 |
Total investment income | 14,330,343 | 17,577,860 | 20,484,476 | 20,618,409 |
Expenses | ||||
Investment management fees | 627,854 | 802,958 | 987,094 | 1,049,509 |
Distribution and service fees | 392,375 | 476,392 | 560,151 | 562,361 |
Accounting and legal services fees | 76,398 | 94,074 | 110,079 | 110,448 |
Transfer agent fees | 88,035 | 100,435 | 123,103 | 120,489 |
Trustees' fees | 7,651 | 9,431 | 11,197 | 11,255 |
Custodian fees | 27,151 | 27,151 | 27,151 | 27,151 |
State registration fees | 47,171 | 47,027 | 47,640 | 46,649 |
Printing and postage | 12,877 | 13,657 | 14,403 | 14,533 |
Professional fees | 28,654 | 30,539 | 32,359 | 32,725 |
Other | 10,707 | 11,519 | 12,319 | 12,379 |
Total expenses | 1,318,873 | 1,613,183 | 1,925,496 | 1,987,499 |
Less expense reductions | (840,608) | (1,038,662) | (1,245,228) | (1,307,631) |
Net expenses | 478,265 | 574,521 | 680,268 | 679,868 |
Net investment income | 13,852,078 | 17,003,339 | 19,804,208 | 19,938,541 |
Realized and unrealized gain (loss) | ||||
Net realized gain (loss) on | ||||
Unaffiliated investments | 150,007 | 466,582 | 945,467 | 1,600,454 |
Affiliated investments | 12,348,359 | 15,028,941 | 12,443,157 | 13,340,037 |
Capital gain distributions received from unaffiliated investments | 151,061 | 280,334 | 441,489 | 646,750 |
Capital gain distributions received from affiliated investments | 20,513,506 | 23,843,026 | 26,134,980 | 23,254,456 |
33,162,933 | 39,618,883 | 39,965,093 | 38,841,697 | |
Change in net unrealized appreciation (depreciation) of | ||||
Unaffiliated investments | 1,536,618 | 3,266,083 | 5,657,888 | 5,446,963 |
Affiliated investments | (32,812,097) | (38,439,963) | (37,974,222) | (35,880,542) |
(31,275,479) | (35,173,880) | (32,316,334) | (30,433,579) | |
Net realized and unrealized gain | 1,887,454 | 4,445,003 | 7,648,759 | 8,408,118 |
Increase in net assets from operations | $15,739,532 | $21,448,342 | $27,452,967 | $28,346,659 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 39 |
Multimanager 2020 Lifetime Portfolio | Multimanager 2015 Lifetime Portfolio | Multimanager 2010 Lifetime Portfolio | |
Investment income | |||
Income distributions received from affiliated investments | $12,389,839 | $4,568,240 | $2,881,856 |
Dividends | 559,000 | 230,160 | 179,972 |
Interest | 190,387 | 64,751 | 39,527 |
Less foreign taxes withheld | (4,510) | (1,449) | (682) |
Other income received from advisor | 385,667 | 140,505 | 86,291 |
Total investment income | 13,520,383 | 5,002,207 | 3,186,964 |
Expenses | |||
Investment management fees | 739,661 | 281,574 | 185,922 |
Distribution and service fees | 436,136 | 198,242 | 103,304 |
Accounting and legal services fees | 71,606 | 26,319 | 16,611 |
Transfer agent fees | 111,635 | 58,885 | 28,832 |
Trustees' fees | 7,513 | 2,745 | 1,767 |
Custodian fees | 27,151 | 27,151 | 27,151 |
State registration fees | 48,356 | 47,366 | 45,476 |
Printing and postage | 13,208 | 11,064 | 10,141 |
Professional fees | 29,012 | 23,982 | 22,810 |
Other | 10,835 | 8,585 | 8,152 |
Total expenses | 1,495,113 | 685,913 | 450,166 |
Less expense reductions | (949,328) | (429,560) | (318,573) |
Net expenses | 545,785 | 256,353 | 131,593 |
Net investment income | 12,974,598 | 4,745,854 | 3,055,371 |
Realized and unrealized gain (loss) | |||
Net realized gain (loss) on | |||
Unaffiliated investments | 1,599,529 | 653,658 | 466,755 |
Affiliated investments | 17,180,040 | 7,259,211 | 4,918,537 |
Capital gain distributions received from unaffiliated investments | 515,413 | 214,647 | 151,129 |
Capital gain distributions received from affiliated investments | 13,238,785 | 4,248,956 | 2,361,895 |
32,533,767 | 12,376,472 | 7,898,316 | |
Change in net unrealized appreciation (depreciation) of | |||
Unaffiliated investments | 2,350,368 | 396,882 | 21,384 |
Affiliated investments | (27,615,848) | (10,532,082) | (6,860,844) |
(25,265,480) | (10,135,200) | (6,839,460) | |
Net realized and unrealized gain | 7,268,287 | 2,241,272 | 1,058,856 |
Increase in net assets from operations | $20,242,885 | $6,987,126 | $4,114,227 |
40 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multimanager 2060 Lifetime Portfolio | Multimanager 2055 Lifetime Portfolio | Multimanager 2050 Lifetime Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $1,629,025 | $1,032,602 | $3,720,521 | $3,042,499 | $7,001,607 | $6,271,244 |
Net realized gain | 1,990,122 | 3,414,926 | 5,192,450 | 13,475,127 | 11,868,697 | 32,136,494 |
Change in net unrealized appreciation (depreciation) | (3,059,874) | (4,288,636) | (6,258,737) | (17,977,455) | (12,770,625) | (42,226,671) |
Increase (decrease) in net assets resulting from operations | 559,273 | 158,892 | 2,654,234 | (1,459,829) | 6,099,679 | (3,818,933) |
Distributions to shareholders | ||||||
From earnings | ||||||
Class A | (170,539) | (93,940) | (1,332,858) | (1,032,978) | (5,337,840) | (5,180,316) |
Class I | (3,116) | (3,079) | (5,130) | (5,065) | (5,740) | (15,936) |
Class R1 | (2,914) | (2,911) | (3,729) | (4,281) | (127,662) | (137,418) |
Class R2 | (6,621) | (4,554) | (53,863) | (38,445) | (97,715) | (96,998) |
Class R3 | (11,620) | (2,910) | (11,204) | (23,132) | (94,678) | (120,299) |
Class R4 | (4,003) | (3,422) | (3,871) | (4,500) | (84,086) | (80,472) |
Class R5 | (13,186) | (8,273) | (10,728) | (8,133) | (3,709) | (6,775) |
Class R6 | (127,470) | (112,831) | (584,071) | (440,864) | (1,593,319) | (1,673,850) |
Class 1 | (5,913,640) | (3,704,710) | (16,757,049) | (15,574,577) | (31,049,227) | (33,374,846) |
Total distributions | (6,253,109) | (3,936,630) | (18,762,503) | (17,131,975) | (38,393,976) | (40,686,910) |
Portfolio share transactions | ||||||
From portfolio share transactions | 22,144,487 | 32,966,334 | 29,604,047 | 38,886,086 | 35,583,742 | 41,822,596 |
Total increase (decrease) | 16,450,651 | 29,188,596 | 13,495,778 | 20,294,282 | 3,289,445 | (2,683,247) |
Net assets | ||||||
Beginning of period | 84,040,607 | 54,852,011 | 206,552,627 | 186,258,345 | 403,853,536 | 406,536,783 |
End of period | $100,491,258 | $84,040,607 | $220,048,405 | $206,552,627 | $407,142,981 | $403,853,536 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 41 |
Multimanager 2045 Lifetime Portfolio | Multimanager 2040 Lifetime Portfolio | Multimanager 2035 Lifetime Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $12,540,018 | $12,128,918 | $13,852,078 | $13,772,520 | $17,003,339 | $18,665,331 |
Net realized gain | 31,254,649 | 80,874,163 | 33,162,933 | 83,607,136 | 39,618,883 | 99,984,238 |
Change in net unrealized appreciation (depreciation) | (31,727,921) | (102,661,419) | (31,275,479) | (105,794,559) | (35,173,880) | (123,116,568) |
Increase (decrease) in net assets resulting from operations | 12,066,746 | (9,658,338) | 15,739,532 | (8,414,903) | 21,448,342 | (4,466,999) |
Distributions to shareholders | ||||||
From earnings | ||||||
Class A | (12,655,529) | (11,588,938) | (14,605,840) | (13,451,438) | (16,778,695) | (15,261,093) |
Class I | (21,948) | (8,952) | (45,642) | (12,330) | (366) | (12,021) |
Class R1 | (169,669) | (206,880) | (249,715) | (252,679) | (405,558) | (591,449) |
Class R2 | (285,527) | (251,564) | (110,333) | (79,059) | (279,500) | (194,892) |
Class R3 | (121,869) | (124,712) | (137,448) | (295,533) | (231,188) | (200,711) |
Class R4 | (15,224) | (17,277) | (26,526) | (23,691) | (10,334) | (35,318) |
Class R5 | (181,085) | (259,384) | (23,647) | (40,835) | (35,148) | (36,222) |
Class R6 | (3,449,052) | (3,245,626) | (3,330,112) | (3,539,663) | (3,621,249) | (3,596,028) |
Class 1 | (68,433,681) | (70,191,203) | (71,311,067) | (75,246,373) | (88,355,228) | (91,587,792) |
Total distributions | (85,333,584) | (85,894,536) | (89,840,330) | (92,941,601) | (109,717,266) | (111,515,526) |
Portfolio share transactions | ||||||
From portfolio share transactions | 49,101,197 | 36,949,715 | 56,701,696 | 47,336,637 | 73,924,770 | 28,874,148 |
Total decrease | (24,165,641) | (58,603,159) | (17,399,102) | (54,019,867) | (14,344,154) | (87,108,377) |
Net assets | ||||||
Beginning of period | 740,588,944 | 799,192,103 | 818,020,313 | 872,040,180 | 1,010,779,659 | 1,097,888,036 |
End of period | $716,423,303 | $740,588,944 | $800,621,211 | $818,020,313 | $996,435,505 | $1,010,779,659 |
42 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Multimanager 2030 Lifetime Portfolio | Multimanager 2025 Lifetime Portfolio | Multimanager 2020 Lifetime Portfolio | ||||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||||
From operations | ||||||
Net investment income | $19,804,208 | $24,970,131 | $19,938,541 | $29,484,117 | $12,974,598 | $22,208,434 |
Net realized gain | 39,965,093 | 107,800,733 | 38,841,697 | 93,764,688 | 32,533,767 | 57,909,361 |
Change in net unrealized appreciation (depreciation) | (32,316,334) | (123,100,281) | (30,433,579) | (99,855,400) | (25,265,480) | (55,904,520) |
Increase in net assets resulting from operations | 27,452,967 | 9,670,583 | 28,346,659 | 23,393,405 | 20,242,885 | 24,213,275 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class A | (18,805,996) | (18,040,944) | (17,135,527) | (16,558,687) | (15,829,355) | (15,099,709) |
Class I | (85,151) | (74,773) | (120,334) | (10,924) | (17,153) | (30,390) |
Class R1 | (358,350) | (366,303) | (319,540) | (390,154) | (404,333) | (394,662) |
Class R2 | (284,703) | (140,571) | (406,017) | (243,728) | (85,891) | (128,558) |
Class R3 | (176,447) | (193,993) | (242,056) | (252,246) | (154,111) | (172,438) |
Class R4 | (51,636) | (53,322) | (66,576) | (73,321) | (19,449) | (19,353) |
Class R5 | (108,251) | (116,364) | (134,005) | (133,730) | (359,787) | (393,841) |
Class R6 | (4,265,813) | (4,342,951) | (3,696,766) | (4,243,076) | (2,698,725) | (2,805,848) |
Class 1 | (95,973,396) | (103,718,952) | (90,814,254) | (105,918,621) | (52,177,245) | (63,603,874) |
Total distributions | (120,109,743) | (127,048,173) | (112,935,075) | (127,824,487) | (71,746,049) | (82,648,673) |
Portfolio share transactions | ||||||
From portfolio share transactions | 67,524,992 | 16,399,104 | 32,873,488 | (26,141,907) | (2,339,273) | (75,745,244) |
Total decrease | (25,131,784) | (100,978,486) | (51,714,928) | (130,572,989) | (53,842,437) | (134,180,642) |
Net assets | ||||||
Beginning of period | 1,198,798,167 | 1,299,776,653 | 1,217,181,688 | 1,347,754,677 | 802,118,360 | 936,299,002 |
End of period | $1,173,666,383 | $1,198,798,167 | $1,165,466,760 | $1,217,181,688 | $748,275,923 | $802,118,360 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 43 |
Multimanager 2015 Lifetime Portfolio | Multimanager 2010 Lifetime Portfolio | |||
Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | Six months ended 2-29-20 (unaudited) | Year ended 8-31-19 | |
Increase (decrease) in net assets | ||||
From operations | ||||
Net investment income | $4,745,854 | $9,072,064 | $3,055,371 | $5,828,615 |
Net realized gain | 12,376,472 | 19,816,674 | 7,898,316 | 9,434,410 |
Change in net unrealized appreciation (depreciation) | (10,135,200) | (17,449,162) | (6,839,460) | (6,348,560) |
Increase in net assets resulting from operations | 6,987,126 | 11,439,576 | 4,114,227 | 8,914,465 |
Distributions to shareholders | ||||
From earnings | ||||
Class A | (8,090,538) | (8,454,544) | (3,312,277) | (3,533,345) |
Class I | (71,735) | (56,242) | (18,005) | (12,726) |
Class R1 | (125,093) | (133,475) | (21,802) | (35,868) |
Class R2 | (3,089) | (4,328) | (32,958) | (36,407) |
Class R3 | (204,721) | (231,894) | (8,912) | (10,462) |
Class R4 | (997) | (6,316) | (3,470) | (6,296) |
Class R5 | (31,071) | (47,658) | (2,643) | (3,539) |
Class R6 | (1,070,547) | (1,210,562) | (595,231) | (868,970) |
Class 1 | (15,799,022) | (21,831,006) | (9,603,188) | (11,897,784) |
Total distributions | (25,396,813) | (31,976,025) | (13,598,486) | (16,405,397) |
Portfolio share transactions | ||||
From portfolio share transactions | (10,668,939) | (44,122,951) | (2,770,998) | (16,171,958) |
Total decrease | (29,078,626) | (64,659,400) | (12,255,257) | (23,662,890) |
Net assets | ||||
Beginning of period | 300,477,151 | 365,136,551 | 189,045,645 | 212,708,535 |
End of period | $271,398,525 | $300,477,151 | $176,790,388 | $189,045,645 |
44 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Financial highlights |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 11.88 | 0.197 | 0.02 | 0.21 | (0.18) | (0.57) | (0.75) | 11.34 | 1.308 | 0.839 | 0.429 | 3.087, 9 | 3,292 | 24 | ||||||
08-31-2019 | 12.91 | 0.147 | (0.41) | (0.27) | (0.16) | (0.60) | (0.76) | 11.88 | (1.30) | 0.88 | 0.41 | 1.227 | 2,136 | 27 | ||||||
08-31-2018 | 12.12 | 0.137 | 1.19 | 1.32 | (0.15) | (0.38) | (0.53) | 12.91 | 11.08 | 1.09 | 0.41 | 1.067 | 1,497 | 21 | ||||||
08-31-2017 | 10.61 | 0.087 | 1.56 | 1.64 | (0.12) | (0.01) | (0.13) | 12.12 | 15.59 | 2.63 | 0.42 | 0.717 | 640 | 24 | ||||||
08-31-201610 | 10.00 | (0.01)7 | 0.62 | 0.61 | — | — | — | 10.61 | 6.108 | 23.249 | 0.439 | (0.12)7, 9 | 118 | 10 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 11.91 | 0.217 | 0.03 | 0.24 | (0.22) | (0.57) | (0.79) | 11.36 | 1.518 | 0.539 | 0.129 | 3.367, 9 | 45 | 24 | ||||||
08-31-2019 | 12.95 | 0.207 | (0.45) | (0.25) | (0.19) | (0.60) | (0.79) | 11.91 | (1.06) | 0.59 | 0.13 | 1.667 | 47 | 27 | ||||||
08-31-2018 | 12.15 | 0.157 | 1.22 | 1.37 | (0.19) | (0.38) | (0.57) | 12.95 | 11.45 | 0.79 | 0.11 | 1.207 | 51 | 21 | ||||||
08-31-2017 | 10.62 | 0.187 | 1.50 | 1.68 | (0.14) | (0.01) | (0.15) | 12.15 | 16.04 | 2.32 | 0.11 | 1.577 | 121 | 24 | ||||||
08-31-201610 | 10.00 | 0.017 | 0.61 | 0.62 | — | — | — | 10.62 | 6.208 | 22.939 | 0.119 | 0.207, 9 | 106 | 10 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 11.88 | 0.177 | 0.03 | 0.20 | (0.17) | (0.57) | (0.74) | 11.34 | 1.218 | 0.929 | 0.519 | 2.797, 9 | 60 | 24 | ||||||
08-31-2019 | 12.90 | 0.157 | (0.43) | (0.28) | (0.14) | (0.60) | (0.74) | 11.88 | (1.34) | 0.98 | 0.51 | 1.287 | 47 | 27 | ||||||
08-31-2018 | 12.12 | 0.107 | 1.20 | 1.30 | (0.14) | (0.38) | (0.52) | 12.90 | 10.89 | 1.19 | 0.51 | 0.807 | 51 | 21 | ||||||
08-31-2017 | 10.60 | 0.137 | 1.51 | 1.64 | (0.11) | (0.01) | (0.12) | 12.12 | 15.63 | 2.73 | 0.51 | 1.177 | 121 | 24 | ||||||
08-31-201610 | 10.00 | (0.01)7 | 0.61 | 0.60 | — | — | — | 10.60 | 6.008 | 23.339 | 0.529 | (0.21)7, 9 | 106 | 10 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 11.88 | 0.197 | 0.03 | 0.22 | (0.19) | (0.57) | (0.76) | 11.34 | 1.348 | 0.789 | 0.389 | 3.117, 9 | 106 | 24 | ||||||
08-31-2019 | 12.92 | 0.167 | (0.43) | (0.27) | (0.17) | (0.60) | (0.77) | 11.88 | (1.27) | 0.83 | 0.36 | 1.317 | 95 | 27 | ||||||
08-31-2018 | 12.14 | 0.137 | 1.20 | 1.33 | (0.17) | (0.38) | (0.55) | 12.92 | 11.13 | 0.98 | 0.30 | 1.037 | 73 | 21 | ||||||
08-31-2017 | 10.61 | 0.167 | 1.51 | 1.67 | (0.13) | (0.01) | (0.14) | 12.14 | 15.92 | 2.49 | 0.27 | 1.387 | 129 | 24 | ||||||
08-31-201610 | 10.00 | —7, 11 | 0.61 | 0.61 | — | — | — | 10.61 | 6.108 | 23.089 | 0.279 | 0.047, 9 | 106 | 10 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 11.87 | 0.187 | 0.02 | 0.20 | (0.16) | (0.57) | (0.73) | 11.34 | 1.208 | 1.029 | 0.629 | 2.907, 9 | 206 | 24 | ||||||
08-31-2019 | 12.90 | 0.077 | (0.36) | (0.29) | (0.14) | (0.60) | (0.74) | 11.87 | (1.42) | 1.04 | 0.58 | 0.607 | 153 | 27 | ||||||
08-31-2018 | 12.12 | 0.107 | 1.20 | 1.30 | (0.14) | (0.38) | (0.52) | 12.90 | 10.89 | 1.19 | 0.51 | 0.807 | 51 | 21 | ||||||
08-31-2017 | 10.60 | 0.137 | 1.51 | 1.64 | (0.11) | (0.01) | (0.12) | 12.12 | 15.63 | 2.73 | 0.51 | 1.177 | 121 | 24 | ||||||
08-31-201610 | 10.00 | (0.01)7 | 0.61 | 0.60 | — | — | — | 10.60 | 6.008 | 23.339 | 0.529 | (0.21)7, 9 | 106 | 10 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 11.90 | 0.217 | 0.02 | 0.23 | (0.22) | (0.57) | (0.79) | 11.34 | 1.388 | 0.679 | 0.169 | 3.387, 9 | 60 | 24 | ||||||
08-31-2019 | 12.93 | 0.197 | (0.43) | (0.24) | (0.19) | (0.60) | (0.79) | 11.90 | (1.00) | 0.73 | 0.16 | 1.597 | 55 | 27 | ||||||
08-31-2018 | 12.14 | 0.157 | 1.20 | 1.35 | (0.18) | (0.38) | (0.56) | 12.93 | 11.33 | 0.94 | 0.16 | 1.197 | 56 | 21 | ||||||
08-31-2017 | 10.62 | 0.177 | 1.50 | 1.67 | (0.14) | (0.01) | (0.15) | 12.14 | 15.90 | 2.48 | 0.17 | 1.517 | 125 | 24 | ||||||
08-31-201610 | 10.00 | 0.017 | 0.61 | 0.62 | — | — | — | 10.62 | 6.208 | 23.089 | 0.179 | 0.147, 9 | 106 | 10 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 11.90 | 0.227 | 0.03 | 0.25 | (0.23) | (0.57) | (0.80) | 11.35 | 1.568 | 0.479 | 0.069 | 3.567, 9 | 160 | 24 | ||||||
08-31-2019 | 12.94 | 0.177 | (0.41) | (0.24) | (0.20) | (0.60) | (0.80) | 11.90 | (0.96) | 0.53 | 0.06 | 1.447 | 168 | 27 | ||||||
08-31-2018 | 12.16 | 0.167 | 1.20 | 1.36 | (0.20) | (0.38) | (0.58) | 12.94 | 11.37 | 0.72 | 0.04 | 1.287 | 118 | 21 | ||||||
08-31-2017 | 10.62 | 0.187 | 1.52 | 1.70 | (0.15) | (0.01) | (0.16) | 12.16 | 16.22 | 2.24 | 0.02 | 1.597 | 168 | 24 | ||||||
08-31-201610 | 10.00 | 0.017 | 0.61 | 0.62 | — | — | — | 10.62 | 6.208 | 22.839 | 0.029 | 0.297, 9 | 106 | 10 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 11.92 | 0.217 | 0.04 | 0.25 | (0.24) | (0.57) | (0.81) | 11.36 | 1.538 | 0.429 | —9 | 3.427, 9 | 2,342 | 24 | ||||||
08-31-2019 | 12.95 | 0.227 | (0.45) | (0.23) | (0.20) | (0.60) | (0.80) | 11.92 | (0.86) | 0.48 | — | 1.847 | 1,611 | 27 | ||||||
08-31-2018 | 12.16 | 0.147 | 1.23 | 1.37 | (0.20) | (0.38) | (0.58) | 12.95 | 11.47 | 0.69 | — | 1.107 | 1,402 | 21 | ||||||
08-31-2017 | 10.62 | 0.187 | 1.52 | 1.70 | (0.15) | (0.01) | (0.16) | 12.16 | 16.24 | 2.23 | — | 1.587 | 142 | 24 | ||||||
08-31-201610 | 10.00 | 0.017 | 0.61 | 0.62 | — | — | — | 10.62 | 6.208 | 22.839 | —9 | 0.317, 9 | 106 | 10 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 45 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 11.91 | 0.217 | 0.03 | 0.24 | (0.23) | (0.57) | (0.80) | 11.35 | 1.488 | 0.469 | 0.059 | 3.387, 9 | 94,220 | 24 | ||||||
08-31-2019 | 12.94 | 0.187 | (0.41) | (0.23) | (0.20) | (0.60) | (0.80) | 11.91 | (0.92) | 0.52 | 0.05 | 1.557 | 79,730 | 27 | ||||||
08-31-2018 | 12.15 | 0.187 | 1.19 | 1.37 | (0.20) | (0.38) | (0.58) | 12.94 | 11.43 | 0.73 | 0.05 | 1.407 | 51,555 | 21 | ||||||
08-31-2017 | 10.62 | 0.117 | 1.58 | 1.69 | (0.15) | (0.01) | (0.16) | 12.15 | 16.10 | 2.26 | 0.05 | 0.987 | 23,938 | 24 | ||||||
08-31-201610 | 10.00 | —7, 11 | 0.62 | 0.62 | — | — | — | 10.62 | 6.208 | 22.869 | 0.059 | 0.207, 9 | 1,794 | 10 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02 and $0.002 per share and 0.07%, 0.17%, 0.20%, 0.18% and 0.07%, for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17 and 8-31-16, respectively. |
8 Not annualized. |
9 Annualized. |
10 Period from 3-30-16 (commencement of operations) to 8-31-16. |
11 Less than $0.005 per share. |
46 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 10.83 | 0.177 | 0.05 | 0.22 | (0.17) | (0.75) | (0.92) | 10.13 | 1.358 | 0.699 | 0.429 | 3.027, 9 | 16,950 | 24 | ||||||
08-31-2019 | 12.19 | 0.147 | (0.45) | (0.31) | (0.16) | (0.89) | (1.05) | 10.83 | (1.30) | 0.68 | 0.41 | 1.257 | 13,755 | 29 | ||||||
08-31-2018 | 11.59 | 0.147 | 1.12 | 1.26 | (0.16) | (0.50) | (0.66) | 12.19 | 11.09 | 0.67 | 0.41 | 1.217 | 11,328 | 14 | ||||||
08-31-2017 | 10.46 | 0.107 | 1.48 | 1.58 | (0.13) | (0.32) | (0.45) | 11.59 | 15.73 | 0.71 | 0.42 | 0.967 | 7,046 | 33 | ||||||
08-31-2016 | 10.00 | 0.077 | 0.64 | 0.71 | (0.10) | (0.15) | (0.25) | 10.46 | 7.23 | 0.83 | 0.43 | 0.897 | 2,217 | 7 | ||||||
08-31-2015 | 10.64 | 0.077 | (0.51) | (0.44) | (0.10) | (0.10) | (0.20) | 10.00 | (4.23) | 3.73 | 0.44 | 0.667 | 554 | 18 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 10.86 | 0.197 | 0.05 | 0.24 | (0.21) | (0.75) | (0.96) | 10.14 | 1.468 | 0.399 | 0.129 | 3.367, 9 | 56 | 24 | ||||||
08-31-2019 | 12.22 | 0.187 | (0.45) | (0.27) | (0.20) | (0.89) | (1.09) | 10.86 | (1.01) | 0.39 | 0.13 | 1.627 | 57 | 29 | ||||||
08-31-2018 | 11.62 | 0.157 | 1.14 | 1.29 | (0.19) | (0.50) | (0.69) | 12.22 | 11.47 | 0.37 | 0.11 | 1.247 | 54 | 14 | ||||||
08-31-2017 | 10.49 | 0.187 | 1.44 | 1.62 | (0.17) | (0.32) | (0.49) | 11.62 | 16.05 | 0.40 | 0.11 | 1.627 | 111 | 33 | ||||||
08-31-2016 | 10.03 | 0.167 | 0.59 | 0.75 | (0.14) | (0.15) | (0.29) | 10.49 | 7.56 | 0.51 | 0.11 | 1.567 | 100 | 7 | ||||||
08-31-201510 | 10.51 | 0.017 | (0.49) | (0.48) | — | — | — | 10.03 | (4.57)8 | 0.859 | 0.119 | 0.237, 9 | 95 | 1811 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 10.82 | 0.127 | 0.09 | 0.21 | (0.16) | (0.75) | (0.91) | 10.12 | 1.278 | 0.789 | 0.519 | 2.247, 9 | 127 | 24 | ||||||
08-31-2019 | 12.18 | 0.147 | (0.45) | (0.31) | (0.16) | (0.89) | (1.05) | 10.82 | (1.37) | 0.78 | 0.51 | 1.307 | 44 | 29 | ||||||
08-31-2018 | 11.59 | 0.107 | 1.13 | 1.23 | (0.14) | (0.50) | (0.64) | 12.18 | 10.89 | 0.77 | 0.51 | 0.827 | 50 | 14 | ||||||
08-31-2017 | 10.45 | 0.137 | 1.45 | 1.58 | (0.12) | (0.32) | (0.44) | 11.59 | 15.73 | 0.81 | 0.51 | 1.227 | 116 | 33 | ||||||
08-31-2016 | 10.00 | 0.127 | 0.58 | 0.70 | (0.10) | (0.15) | (0.25) | 10.45 | 7.05 | 0.92 | 0.52 | 1.157 | 105 | 7 | ||||||
08-31-2015 | 10.63 | 0.107 | (0.55) | (0.45) | (0.08) | (0.10) | (0.18) | 10.00 | (4.32) | 7.59 | 0.59 | 0.947 | 100 | 18 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 10.83 | 0.167 | 0.04 | 0.20 | (0.16) | (0.75) | (0.91) | 10.12 | 1.188 | 0.779 | 0.509 | 2.927, 9 | 676 | 24 | ||||||
08-31-2019 | 12.19 | 0.117 | (0.42) | (0.31) | (0.16) | (0.89) | (1.05) | 10.83 | (1.35) | 0.78 | 0.51 | 1.057 | 602 | 29 | ||||||
08-31-2018 | 11.61 | 0.057 | 1.20 | 1.25 | (0.17) | (0.50) | (0.67) | 12.19 | 10.98 | 0.72 | 0.46 | 0.417 | 436 | 14 | ||||||
08-31-2017 | 10.47 | 0.157 | 1.45 | 1.60 | (0.14) | (0.32) | (0.46) | 11.61 | 15.94 | 0.62 | 0.33 | 1.357 | 166 | 33 | ||||||
08-31-2016 | 10.02 | 0.177 | 0.55 | 0.72 | (0.12) | (0.15) | (0.27) | 10.47 | 7.31 | 0.72 | 0.32 | 1.557 | 118 | 7 | ||||||
08-31-2015 | 10.64 | 0.127 | (0.54) | (0.42) | (0.10) | (0.10) | (0.20) | 10.02 | (4.04) | 7.08 | 0.34 | 1.157 | 107 | 18 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 10.81 | 0.167 | 0.03 | 0.19 | (0.14) | (0.75) | (0.89) | 10.11 | 1.138 | 0.939 | 0.669 | 2.857, 9 | 149 | 24 | ||||||
08-31-2019 | 12.17 | 0.307 | (0.63) | (0.33) | (0.14) | (0.89) | (1.03) | 10.81 | (1.49) | 0.93 | 0.67 | 2.657 | 107 | 29 | ||||||
08-31-2018 | 11.58 | 0.097 | 1.14 | 1.23 | (0.14) | (0.50) | (0.64) | 12.17 | 10.85 | 0.87 | 0.61 | 0.807 | 212 | 14 | ||||||
08-31-2017 | 10.45 | 0.127 | 1.45 | 1.57 | (0.12) | (0.32) | (0.44) | 11.58 | 15.61 | 0.84 | 0.55 | 1.067 | 187 | 33 | ||||||
08-31-2016 | 10.00 | 0.107 | 0.60 | 0.70 | (0.10) | (0.15) | (0.25) | 10.45 | 7.05 | 0.95 | 0.55 | 1.037 | 120 | 7 | ||||||
08-31-2015 | 10.64 | 0.097 | (0.54) | (0.45) | (0.09) | (0.10) | (0.19) | 10.00 | (4.34) | 7.15 | 0.56 | 0.897 | 124 | 18 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 10.85 | 0.197 | 0.04 | 0.23 | (0.20) | (0.75) | (0.95) | 10.13 | 1.418 | 0.539 | 0.169 | 3.337, 9 | 41 | 24 | ||||||
08-31-2019 | 12.22 | 0.187 | (0.46) | (0.28) | (0.20) | (0.89) | (1.09) | 10.85 | (1.04) | 0.53 | 0.16 | 1.657 | 44 | 29 | ||||||
08-31-2018 | 11.62 | 0.147 | 1.14 | 1.28 | (0.18) | (0.50) | (0.68) | 12.22 | 11.32 | 0.52 | 0.16 | 1.187 | 51 | 14 | ||||||
08-31-2017 | 10.48 | 0.177 | 1.45 | 1.62 | (0.16) | (0.32) | (0.48) | 11.62 | 16.10 | 0.56 | 0.17 | 1.577 | 117 | 33 | ||||||
08-31-2016 | 10.03 | 0.157 | 0.58 | 0.73 | (0.13) | (0.15) | (0.28) | 10.48 | 7.42 | 0.67 | 0.17 | 1.517 | 105 | 7 | ||||||
08-31-2015 | 10.65 | 0.147 | (0.54) | (0.40) | (0.12) | (0.10) | (0.22) | 10.03 | (3.86) | 7.30 | 0.19 | 1.347 | 100 | 18 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 10.86 | 0.197 | 0.05 | 0.24 | (0.21) | (0.75) | (0.96) | 10.14 | 1.518 | 0.339 | 0.069 | 3.357, 9 | 142 | 24 | ||||||
08-31-2019 | 12.23 | 0.187 | (0.46) | (0.28) | (0.20) | (0.89) | (1.09) | 10.86 | (0.97) | 0.33 | 0.06 | 1.617 | 97 | 29 | ||||||
08-31-2018 | 11.64 | 0.177 | 1.12 | 1.29 | (0.20) | (0.50) | (0.70) | 12.23 | 11.35 | 0.31 | 0.05 | 1.437 | 223 | 14 | ||||||
08-31-2017 | 10.50 | 0.177 | 1.47 | 1.64 | (0.18) | (0.32) | (0.50) | 11.64 | 16.24 | 0.32 | 0.03 | 1.577 | 157 | 33 | ||||||
08-31-2016 | 10.04 | 0.167 | 0.59 | 0.75 | (0.14) | (0.15) | (0.29) | 10.50 | 7.62 | 0.42 | 0.02 | 1.637 | 118 | 7 | ||||||
08-31-2015 | 10.66 | 0.167 | (0.55) | (0.39) | (0.13) | (0.10) | (0.23) | 10.04 | (3.71) | 7.09 | 0.03 | 1.517 | 101 | 18 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 10.87 | 0.197 | 0.05 | 0.24 | (0.22) | (0.75) | (0.97) | 10.14 | 1.478 | 0.289 | —9 | 3.467, 9 | 7,430 | 24 | ||||||
08-31-2019 | 12.23 | 0.187 | (0.44) | (0.26) | (0.21) | (0.89) | (1.10) | 10.87 | (0.80) | 0.28 | — | 1.657 | 5,437 | 29 | ||||||
08-31-2018 | 11.63 | 0.137 | 1.17 | 1.30 | (0.20) | (0.50) | (0.70) | 12.23 | 11.48 | 0.27 | — | 1.077 | 3,277 | 14 | ||||||
08-31-2017 | 10.49 | 0.177 | 1.47 | 1.64 | (0.18) | (0.32) | (0.50) | 11.63 | 16.28 | 0.31 | — | 1.587 | 463 | 33 | ||||||
08-31-2016 | 10.04 | 0.127 | 0.63 | 0.75 | (0.15) | (0.15) | (0.30) | 10.49 | 7.58 | 0.42 | — | 1.457 | 362 | 7 | ||||||
08-31-2015 | 10.67 | 0.137 | (0.52) | (0.39) | (0.14) | (0.10) | (0.24) | 10.04 | (3.76) | 6.34 | — | 1.287 | 177 | 18 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 47 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 10.86 | 0.197 | 0.04 | 0.23 | (0.20) | (0.75) | (0.95) | 10.14 | 1.518 | 0.329 | 0.059 | 3.357, 9 | 194,476 | 24 | ||||||
08-31-2019 | 12.23 | 0.187 | (0.45) | (0.27) | (0.21) | (0.89) | (1.10) | 10.86 | (0.94) | 0.31 | 0.05 | 1.637 | 186,409 | 29 | ||||||
08-31-2018 | 11.63 | 0.197 | 1.11 | 1.30 | (0.20) | (0.50) | (0.70) | 12.23 | 11.42 | 0.31 | 0.05 | 1.577 | 170,628 | 14 | ||||||
08-31-2017 | 10.49 | 0.187 | 1.45 | 1.63 | (0.17) | (0.32) | (0.49) | 11.63 | 16.22 | 0.34 | 0.05 | 1.617 | 135,851 | 33 | ||||||
08-31-2016 | 10.03 | 0.127 | 0.63 | 0.75 | (0.14) | (0.15) | (0.29) | 10.49 | 7.63 | 0.45 | 0.05 | 1.397 | 101,710 | 7 | ||||||
08-31-2015 | 10.66 | 0.117 | (0.51) | (0.40) | (0.13) | (0.10) | (0.23) | 10.03 | (3.80) | 0.95 | 0.05 | 1.027 | 44,994 | 18 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02, $0.01 and $0.01 per share and 0.06%, 0.16%, 0.19%, 0.19%, 0.12% and 0.09%, for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
48 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 11.65 | 0.187 | 0.05 | 0.23 | (0.18) | (0.89) | (1.07) | 10.81 | 1.288 | 0.649 | 0.429 | 2.997, 9 | 59,857 | 24 | ||||||
08-31-2019 | 13.29 | 0.157 | (0.51) | (0.36) | (0.16) | (1.12) | (1.28) | 11.65 | (1.33) | 0.62 | 0.41 | 1.287 | 54,552 | 31 | ||||||
08-31-2018 | 12.73 | 0.167 | 1.20 | 1.36 | (0.17) | (0.63) | (0.80) | 13.29 | 11.00 | 0.59 | 0.41 | 1.227 | 53,484 | 18 | ||||||
08-31-2017 | 11.65 | 0.147 | 1.62 | 1.76 | (0.16) | (0.52) | (0.68) | 12.73 | 15.87 | 0.59 | 0.42 | 1.187 | 42,799 | 38 | ||||||
08-31-2016 | 11.42 | 0.117 | 0.68 | 0.79 | (0.13) | (0.43) | (0.56) | 11.65 | 7.16 | 0.59 | 0.43 | 1.107 | 24,261 | 11 | ||||||
08-31-2015 | 12.44 | 0.127 | (0.62) | (0.50) | (0.11) | (0.41) | (0.52) | 11.42 | (4.21) | 0.61 | 0.45 | 0.957 | 14,346 | 11 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 11.68 | 0.207 | 0.05 | 0.25 | (0.22) | (0.89) | (1.11) | 10.82 | 1.388 | 0.349 | 0.129 | 3.377, 9 | 58 | 24 | ||||||
08-31-2019 | 13.32 | 0.277 | (0.59) | (0.32) | (0.20) | (1.12) | (1.32) | 11.68 | (0.96) | 0.33 | 0.13 | 2.337 | 56 | 31 | ||||||
08-31-2018 | 12.75 | 0.187 | 1.23 | 1.41 | (0.21) | (0.63) | (0.84) | 13.32 | 11.29 | 0.29 | 0.11 | 1.347 | 61 | 18 | ||||||
08-31-2017 | 11.68 | 0.197 | 1.59 | 1.78 | (0.19) | (0.52) | (0.71) | 12.75 | 16.19 | 0.28 | 0.11 | 1.597 | 116 | 38 | ||||||
08-31-2016 | 11.44 | 0.187 | 0.66 | 0.84 | (0.17) | (0.43) | (0.60) | 11.68 | 7.58 | 0.28 | 0.11 | 1.557 | 97 | 11 | ||||||
08-31-201510 | 11.99 | 0.017 | (0.56) | (0.55) | — | — | — | 11.44 | (4.59)8 | 0.289 | 0.109 | 0.227, 9 | 95 | 1111 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 11.62 | 0.157 | 0.06 | 0.21 | (0.14) | (0.89) | (1.03) | 10.80 | 1.148 | 0.989 | 0.769 | 2.607, 9 | 1,595 | 24 | ||||||
08-31-2019 | 13.25 | 0.117 | (0.50) | (0.39) | (0.12) | (1.12) | (1.24) | 11.62 | (1.62) | 0.97 | 0.76 | 0.957 | 1,387 | 31 | ||||||
08-31-2018 | 12.70 | 0.117 | 1.20 | 1.31 | (0.13) | (0.63) | (0.76) | 13.25 | 10.58 | 0.94 | 0.76 | 0.867 | 1,380 | 18 | ||||||
08-31-2017 | 11.63 | 0.107 | 1.61 | 1.71 | (0.12) | (0.52) | (0.64) | 12.70 | 15.47 | 0.95 | 0.75 | 0.817 | 1,060 | 38 | ||||||
08-31-2016 | 11.40 | 0.097 | 0.67 | 0.76 | (0.10) | (0.43) | (0.53) | 11.63 | 6.88 | 0.87 | 0.71 | 0.777 | 696 | 11 | ||||||
08-31-2015 | 12.43 | 0.057 | (0.59) | (0.54) | (0.08) | (0.41) | (0.49) | 11.40 | (4.54) | 1.56 | 0.72 | 0.447 | 638 | 11 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 11.65 | 0.167 | 0.08 | 0.24 | (0.18) | (0.89) | (1.07) | 10.82 | 1.308 | 0.719 | 0.499 | 2.607, 9 | 1,141 | 24 | ||||||
08-31-2019 | 13.29 | 0.127 | (0.49) | (0.37) | (0.15) | (1.12) | (1.27) | 11.65 | (1.44) | 0.71 | 0.50 | 1.057 | 1,264 | 31 | ||||||
08-31-2018 | 12.73 | 0.147 | 1.21 | 1.35 | (0.16) | (0.63) | (0.79) | 13.29 | 10.92 | 0.71 | 0.53 | 1.077 | 996 | 18 | ||||||
08-31-2017 | 11.65 | 0.127 | 1.63 | 1.75 | (0.15) | (0.52) | (0.67) | 12.73 | 15.79 | 0.67 | 0.50 | 1.007 | 840 | 38 | ||||||
08-31-2016 | 11.42 | 0.107 | 0.68 | 0.78 | (0.12) | (0.43) | (0.55) | 11.65 | 7.08 | 0.63 | 0.47 | 0.987 | 498 | 11 | ||||||
08-31-2015 | 12.44 | 0.137 | (0.63) | (0.50) | (0.11) | (0.41) | (0.52) | 11.42 | (4.21) | 1.60 | 0.50 | 1.067 | 265 | 11 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 11.63 | 0.167 | 0.06 | 0.22 | (0.16) | (0.89) | (1.05) | 10.80 | 1.158 | 0.879 | 0.659 | 2.757, 9 | 1,117 | 24 | ||||||
08-31-2019 | 13.27 | 0.157 | (0.53) | (0.38) | (0.14) | (1.12) | (1.26) | 11.63 | (1.54) | 0.87 | 0.66 | 1.277 | 1,011 | 31 | ||||||
08-31-2018 | 12.70 | 0.147 | 1.20 | 1.34 | (0.14) | (0.63) | (0.77) | 13.27 | 10.85 | 0.82 | 0.63 | 1.087 | 1,184 | 18 | ||||||
08-31-2017 | 11.64 | 0.127 | 1.60 | 1.72 | (0.14) | (0.52) | (0.66) | 12.70 | 15.53 | 0.86 | 0.65 | 1.007 | 819 | 38 | ||||||
08-31-2016 | 11.41 | 0.097 | 0.69 | 0.78 | (0.12) | (0.43) | (0.55) | 11.64 | 7.03 | 0.74 | 0.57 | 0.927 | 573 | 11 | ||||||
08-31-2015 | 12.43 | 0.107 | (0.62) | (0.52) | (0.09) | (0.41) | (0.50) | 11.41 | (4.36) | 2.62 | 0.58 | 0.807 | 158 | 11 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 11.66 | 0.207 | 0.04 | 0.24 | (0.20) | (0.89) | (1.09) | 10.81 | 1.348 | 0.589 | 0.269 | 3.307, 9 | 876 | 24 | ||||||
08-31-2019 | 13.30 | 0.187 | (0.52) | (0.34) | (0.18) | (1.12) | (1.30) | 11.66 | (1.13) | 0.57 | 0.26 | 1.507 | 776 | 31 | ||||||
08-31-2018 | 12.74 | 0.187 | 1.21 | 1.39 | (0.20) | (0.63) | (0.83) | 13.30 | 11.17 | 0.54 | 0.26 | 1.397 | 665 | 18 | ||||||
08-31-2017 | 11.67 | 0.187 | 1.59 | 1.77 | (0.18) | (0.52) | (0.70) | 12.74 | 15.98 | 0.51 | 0.24 | 1.527 | 467 | 38 | ||||||
08-31-2016 | 11.44 | 0.167 | 0.66 | 0.82 | (0.16) | (0.43) | (0.59) | 11.67 | 7.41 | 0.50 | 0.23 | 1.407 | 424 | 11 | ||||||
08-31-2015 | 12.46 | 0.097 | (0.56) | (0.47) | (0.14) | (0.41) | (0.55) | 11.44 | (3.97) | 2.22 | 0.22 | 0.767 | 319 | 11 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 11.68 | 0.207 | 0.07 | 0.27 | (0.23) | (0.89) | (1.12) | 10.83 | 1.548 | 0.289 | 0.069 | 3.397, 9 | 43 | 24 | ||||||
08-31-2019 | 13.34 | 0.237 | (0.56) | (0.33) | (0.21) | (1.12) | (1.33) | 11.68 | (1.05) | 0.28 | 0.07 | 1.847 | 34 | 31 | ||||||
08-31-2018 | 12.77 | 0.157 | 1.27 | 1.42 | (0.22) | (0.63) | (0.85) | 13.34 | 11.44 | 0.22 | 0.04 | 1.167 | 277 | 18 | ||||||
08-31-2017 | 11.69 | 0.207 | 1.60 | 1.80 | (0.20) | (0.52) | (0.72) | 12.77 | 16.29 | 0.20 | 0.03 | 1.687 | 185 | 38 | ||||||
08-31-2016 | 11.45 | 0.167 | 0.69 | 0.85 | (0.18) | (0.43) | (0.61) | 11.69 | 7.65 | 0.18 | 0.02 | 1.567 | 166 | 11 | ||||||
08-31-2015 | 12.48 | 0.197 | (0.65) | (0.46) | (0.16) | (0.41) | (0.57) | 11.45 | (3.85) | 3.52 | 0.01 | 1.557 | 122 | 11 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 11.69 | 0.207 | 0.06 | 0.26 | (0.23) | (0.89) | (1.12) | 10.83 | 1.508 | 0.239 | —9 | 3.427, 9 | 18,168 | 24 | ||||||
08-31-2019 | 13.34 | 0.187 | (0.49) | (0.31) | (0.22) | (1.12) | (1.34) | 11.69 | (0.90) | 0.22 | — | 1.527 | 15,426 | 31 | ||||||
08-31-2018 | 12.77 | 0.187 | 1.25 | 1.43 | (0.23) | (0.63) | (0.86) | 13.34 | 11.48 | 0.19 | — | 1.407 | 8,508 | 18 | ||||||
08-31-2017 | 11.69 | 0.197 | 1.62 | 1.81 | (0.21) | (0.52) | (0.73) | 12.77 | 16.31 | 0.18 | — | 1.577 | 3,528 | 38 | ||||||
08-31-2016 | 11.46 | 0.167 | 0.68 | 0.84 | (0.18) | (0.43) | (0.61) | 11.69 | 7.62 | 0.18 | — | 1.537 | 3,185 | 11 | ||||||
08-31-2015 | 12.48 | 0.167 | (0.60) | (0.44) | (0.17) | (0.41) | (0.58) | 11.46 | (3.72) | 0.41 | — | 1.367 | 2,085 | 11 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 49 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 11.67 | 0.207 | 0.07 | 0.27 | (0.23) | (0.89) | (1.12) | 10.82 | 1.548 | 0.279 | 0.059 | 3.347, 9 | 324,289 | 24 | ||||||
08-31-2019 | 13.32 | 0.207 | (0.52) | (0.32) | (0.21) | (1.12) | (1.33) | 11.67 | (0.97) | 0.26 | 0.05 | 1.667 | 329,347 | 31 | ||||||
08-31-2018 | 12.75 | 0.217 | 1.21 | 1.42 | (0.22) | (0.63) | (0.85) | 13.32 | 11.44 | 0.23 | 0.05 | 1.607 | 339,982 | 18 | ||||||
08-31-2017 | 11.68 | 0.207 | 1.59 | 1.79 | (0.20) | (0.52) | (0.72) | 12.75 | 16.18 | 0.22 | 0.05 | 1.687 | 318,895 | 38 | ||||||
08-31-2016 | 11.44 | 0.177 | 0.67 | 0.84 | (0.17) | (0.43) | (0.60) | 11.68 | 7.67 | 0.22 | 0.05 | 1.547 | 305,789 | 11 | ||||||
08-31-2015 | 12.47 | 0.177 | (0.63) | (0.46) | (0.16) | (0.41) | (0.57) | 11.44 | (3.86) | 0.19 | 0.05 | 1.427 | 258,387 | 11 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02, $0.01 and $0.01 per share and 0.06%, 0.15%, 0.18%, 0.19%, 0.11% and 0.08%, for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
50 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 10.71 | 0.167 | 0.08 | 0.24 | (0.17) | (1.08) | (1.25) | 9.70 | 1.288 | 0.629 | 0.429 | 3.017, 9 | 111,028 | 25 | ||||||
08-31-2019 | 12.40 | 0.147 | (0.49) | (0.35) | (0.16) | (1.18) | (1.34) | 10.71 | (1.29) | 0.60 | 0.41 | 1.327 | 104,554 | 33 | ||||||
08-31-2018 | 12.17 | 0.157 | 1.16 | 1.31 | (0.16) | (0.92) | (1.08) | 12.40 | 11.12 | 0.56 | 0.41 | 1.267 | 108,685 | 19 | ||||||
08-31-2017 | 11.24 | 0.147 | 1.54 | 1.68 | (0.15) | (0.60) | (0.75) | 12.17 | 15.83 | 0.56 | 0.42 | 1.247 | 98,637 | 30 | ||||||
08-31-2016 | 11.14 | 0.127 | 0.65 | 0.77 | (0.13) | (0.54) | (0.67) | 11.24 | 7.18 | 0.55 | 0.43 | 1.157 | 70,954 | 15 | ||||||
08-31-2015 | 12.27 | 0.137 | (0.63) | (0.50) | (0.11) | (0.52) | (0.63) | 11.14 | (4.28) | 0.54 | 0.44 | 1.067 | 52,732 | 12 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 10.77 | 0.177 | 0.09 | 0.26 | (0.20) | (1.08) | (1.28) | 9.75 | 1.478 | 0.329 | 0.129 | 3.117, 9 | 213 | 25 | ||||||
08-31-2019 | 12.48 | 0.147 | (0.48) | (0.34) | (0.19) | (1.18) | (1.37) | 10.77 | (1.12) | 0.31 | 0.12 | 1.337 | 199 | 33 | ||||||
08-31-2018 | 12.25 | 0.157 | 1.20 | 1.35 | (0.20) | (0.92) | (1.12) | 12.48 | 11.37 | 0.27 | 0.11 | 1.187 | 81 | 19 | ||||||
08-31-2017 | 11.31 | 0.197 | 1.54 | 1.73 | (0.19) | (0.60) | (0.79) | 12.25 | 16.20 | 0.25 | 0.11 | 1.677 | 118 | 30 | ||||||
08-31-2016 | 11.20 | 0.187 | 0.64 | 0.82 | (0.17) | (0.54) | (0.71) | 11.31 | 7.58 | 0.24 | 0.11 | 1.577 | 96 | 15 | ||||||
08-31-201510 | 11.74 | 0.017 | (0.55) | (0.54) | — | — | — | 11.20 | (4.60)8 | 0.229 | 0.119 | 0.227, 9 | 95 | 1211 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 10.67 | 0.137 | 0.08 | 0.21 | (0.13) | (1.08) | (1.21) | 9.67 | 1.088 | 0.939 | 0.739 | 2.487, 9 | 1,799 | 25 | ||||||
08-31-2019 | 12.35 | 0.117 | (0.49) | (0.38) | (0.12) | (1.18) | (1.30) | 10.67 | (1.60) | 0.92 | 0.73 | 1.037 | 1,713 | 33 | ||||||
08-31-2018 | 12.13 | 0.117 | 1.15 | 1.26 | (0.12) | (0.92) | (1.04) | 12.35 | 10.71 | 0.89 | 0.73 | 0.917 | 2,033 | 19 | ||||||
08-31-2017 | 11.20 | 0.147 | 1.51 | 1.65 | (0.12) | (0.60) | (0.72) | 12.13 | 15.51 | 0.90 | 0.75 | 1.197 | 1,820 | 30 | ||||||
08-31-2016 | 11.10 | 0.127 | 0.61 | 0.73 | (0.09) | (0.54) | (0.63) | 11.20 | 6.84 | 0.91 | 0.75 | 1.047 | 1,955 | 15 | ||||||
08-31-2015 | 12.23 | 0.077 | (0.60) | (0.53) | (0.08) | (0.52) | (0.60) | 11.10 | (4.54) | 1.01 | 0.75 | 0.597 | 2,083 | 12 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 10.75 | 0.157 | 0.08 | 0.23 | (0.16) | (1.08) | (1.24) | 9.74 | 1.188 | 0.719 | 0.519 | 2.787, 9 | 2,537 | 25 | ||||||
08-31-2019 | 12.43 | 0.137 | (0.49) | (0.36) | (0.14) | (1.18) | (1.32) | 10.75 | (1.36) | 0.69 | 0.51 | 1.237 | 2,592 | 33 | ||||||
08-31-2018 | 12.21 | 0.127 | 1.17 | 1.29 | (0.15) | (0.92) | (1.07) | 12.43 | 10.90 | 0.67 | 0.51 | 0.957 | 2,404 | 19 | ||||||
08-31-2017 | 11.27 | 0.117 | 1.58 | 1.69 | (0.15) | (0.60) | (0.75) | 12.21 | 15.80 | 0.65 | 0.50 | 0.957 | 1,653 | 30 | ||||||
08-31-2016 | 11.16 | 0.107 | 0.67 | 0.77 | (0.12) | (0.54) | (0.66) | 11.27 | 7.18 | 0.64 | 0.50 | 0.957 | 822 | 15 | ||||||
08-31-2015 | 12.30 | 0.117 | (0.62) | (0.51) | (0.11) | (0.52) | (0.63) | 11.16 | (4.36) | 1.36 | 0.50 | 0.947 | 464 | 12 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 10.68 | 0.157 | 0.07 | 0.22 | (0.14) | (1.08) | (1.22) | 9.68 | 1.158 | 0.859 | 0.659 | 2.827, 9 | 1,089 | 25 | ||||||
08-31-2019 | 12.36 | 0.147 | (0.51) | (0.37) | (0.13) | (1.18) | (1.31) | 10.68 | (1.54) | 0.84 | 0.65 | 1.287 | 986 | 33 | ||||||
08-31-2018 | 12.14 | 0.137 | 1.15 | 1.28 | (0.14) | (0.92) | (1.06) | 12.36 | 10.81 | 0.82 | 0.66 | 1.057 | 1,217 | 19 | ||||||
08-31-2017 | 11.22 | 0.147 | 1.51 | 1.65 | (0.13) | (0.60) | (0.73) | 12.14 | 15.50 | 0.80 | 0.65 | 1.247 | 1,209 | 30 | ||||||
08-31-2016 | 11.11 | 0.197 | 0.56 | 0.75 | (0.10) | (0.54) | (0.64) | 11.22 | 7.04 | 0.79 | 0.65 | 1.557 | 1,362 | 15 | ||||||
08-31-2015 | 12.25 | 0.107 | (0.63) | (0.53) | (0.09) | (0.52) | (0.61) | 11.11 | (4.51) | 0.90 | 0.65 | 0.817 | 2,070 | 12 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 10.74 | 0.167 | 0.08 | 0.24 | (0.18) | (1.08) | (1.26) | 9.72 | 1.338 | 0.569 | 0.269 | 2.867, 9 | 136 | 25 | ||||||
08-31-2019 | 12.43 | 0.157 | (0.48) | (0.33) | (0.18) | (1.18) | (1.36) | 10.74 | (1.13) | 0.54 | 0.26 | 1.387 | 174 | 33 | ||||||
08-31-2018 | 12.20 | 0.227 | 1.11 | 1.33 | (0.18) | (0.92) | (1.10) | 12.43 | 11.23 | 0.52 | 0.26 | 1.797 | 263 | 19 | ||||||
08-31-2017 | 11.27 | 0.157 | 1.55 | 1.70 | (0.17) | (0.60) | (0.77) | 12.20 | 16.00 | 0.50 | 0.25 | 1.337 | 489 | 30 | ||||||
08-31-2016 | 11.16 | 0.187 | 0.62 | 0.80 | (0.15) | (0.54) | (0.69) | 11.27 | 7.46 | 0.48 | 0.25 | 1.587 | 559 | 15 | ||||||
08-31-2015 | 12.30 | 0.177 | (0.65) | (0.48) | (0.14) | (0.52) | (0.66) | 11.16 | (4.12) | 0.73 | 0.25 | 1.397 | 629 | 12 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 10.80 | 0.187 | 0.09 | 0.27 | (0.21) | (1.08) | (1.29) | 9.78 | 1.528 | 0.269 | 0.069 | 3.367, 9 | 1,601 | 25 | ||||||
08-31-2019 | 12.50 | 0.227 | (0.54) | (0.32) | (0.20) | (1.18) | (1.38) | 10.80 | (0.99) | 0.25 | 0.06 | 1.987 | 1,484 | 33 | ||||||
08-31-2018 | 12.27 | 0.197 | 1.17 | 1.36 | (0.21) | (0.92) | (1.13) | 12.50 | 11.42 | 0.21 | 0.06 | 1.537 | 2,729 | 19 | ||||||
08-31-2017 | 11.32 | 0.207 | 1.55 | 1.75 | (0.20) | (0.60) | (0.80) | 12.27 | 16.35 | 0.21 | 0.05 | 1.707 | 1,408 | 30 | ||||||
08-31-2016 | 11.22 | 0.167 | 0.65 | 0.81 | (0.17) | (0.54) | (0.71) | 11.32 | 7.56 | 0.19 | 0.05 | 1.517 | 1,917 | 15 | ||||||
08-31-2015 | 12.36 | 0.177 | (0.63) | (0.46) | (0.16) | (0.52) | (0.68) | 11.22 | (3.90) | 0.40 | 0.05 | 1.427 | 1,638 | 12 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 10.78 | 0.197 | 0.07 | 0.26 | (0.21) | (1.08) | (1.29) | 9.75 | 1.488 | 0.219 | —9 | 3.427, 9 | 30,716 | 25 | ||||||
08-31-2019 | 12.48 | 0.187 | (0.49) | (0.31) | (0.21) | (1.18) | (1.39) | 10.78 | (0.89) | 0.20 | — | 1.707 | 29,020 | 33 | ||||||
08-31-2018 | 12.25 | 0.187 | 1.18 | 1.36 | (0.21) | (0.92) | (1.13) | 12.48 | 11.48 | 0.16 | — | 1.447 | 12,631 | 19 | ||||||
08-31-2017 | 11.31 | 0.167 | 1.58 | 1.74 | (0.20) | (0.60) | (0.80) | 12.25 | 16.34 | 0.15 | — | 1.407 | 4,941 | 30 | ||||||
08-31-2016 | 11.20 | 0.137 | 0.70 | 0.83 | (0.18) | (0.54) | (0.72) | 11.31 | 7.72 | 0.14 | — | 1.507 | 3,314 | 15 | ||||||
08-31-2015 | 12.35 | 0.167 | (0.62) | (0.46) | (0.17) | (0.52) | (0.69) | 11.20 | (3.94) | 0.39 | — | 1.367 | 1,781 | 12 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 51 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 10.79 | 0.187 | 0.08 | 0.26 | (0.21) | (1.08) | (1.29) | 9.76 | 1.448 | 0.259 | 0.059 | 3.357, 9 | 567,304 | 25 | ||||||
08-31-2019 | 12.49 | 0.197 | (0.51) | (0.32) | (0.20) | (1.18) | (1.38) | 10.79 | (0.95) | 0.23 | 0.05 | 1.697 | 599,868 | 33 | ||||||
08-31-2018 | 12.25 | 0.207 | 1.17 | 1.37 | (0.21) | (0.92) | (1.13) | 12.49 | 11.52 | 0.20 | 0.05 | 1.637 | 669,149 | 19 | ||||||
08-31-2017 | 11.31 | 0.207 | 1.54 | 1.74 | (0.20) | (0.60) | (0.80) | 12.25 | 16.27 | 0.19 | 0.05 | 1.707 | 669,937 | 30 | ||||||
08-31-2016 | 11.21 | 0.187 | 0.63 | 0.81 | (0.17) | (0.54) | (0.71) | 11.31 | 7.56 | 0.17 | 0.05 | 1.597 | 712,160 | 15 | ||||||
08-31-2015 | 12.35 | 0.187 | (0.64) | (0.46) | (0.16) | (0.52) | (0.68) | 11.21 | (3.90) | 0.15 | 0.05 | 1.497 | 705,106 | 12 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02, $0.01 and $0.01 per share and 0.07%, 0.16%, 0.19%, 0.19%, 0.12% and 0.09%, for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
52 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 10.91 | 0.177 | 0.09 | 0.26 | (0.17) | (1.03) | (1.20) | 9.97 | 1.598 | 0.629 | 0.429 | 2.997, 9 | 138,122 | 25 | ||||||
08-31-2019 | 12.56 | 0.157 | (0.47) | (0.32) | (0.17) | (1.16) | (1.33) | 10.91 | (1.09) | 0.60 | 0.41 | 1.357 | 127,736 | 33 | ||||||
08-31-2018 | 12.29 | 0.167 | 1.13 | 1.29 | (0.17) | (0.85) | (1.02) | 12.56 | 10.83 | 0.56 | 0.41 | 1.267 | 127,662 | 19 | ||||||
08-31-2017 | 11.35 | 0.147 | 1.56 | 1.70 | (0.16) | (0.60) | (0.76) | 12.29 | 15.81 | 0.56 | 0.42 | 1.247 | 108,511 | 32 | ||||||
08-31-2016 | 11.24 | 0.127 | 0.66 | 0.78 | (0.13) | (0.54) | (0.67) | 11.35 | 7.20 | 0.55 | 0.43 | 1.147 | 77,804 | 14 | ||||||
08-31-2015 | 12.36 | 0.137 | (0.63) | (0.50) | (0.11) | (0.51) | (0.62) | 11.24 | (4.27) | 0.54 | 0.44 | 1.057 | 55,527 | 12 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 10.98 | 0.237 | 0.06 | 0.29 | (0.21) | (1.03) | (1.24) | 10.03 | 1.788 | 0.329 | 0.129 | 4.067, 9 | 264 | 25 | ||||||
08-31-2019 | 12.64 | 0.147 | (0.44) | (0.30) | (0.20) | (1.16) | (1.36) | 10.98 | (0.85) | 0.30 | 0.12 | 1.277 | 325 | 33 | ||||||
08-31-2018 | 12.36 | 0.277 | 1.07 | 1.34 | (0.21) | (0.85) | (1.06) | 12.64 | 11.16 | 0.26 | 0.11 | 2.157 | 122 | 19 | ||||||
08-31-2017 | 11.41 | 0.197 | 1.55 | 1.74 | (0.19) | (0.60) | (0.79) | 12.36 | 16.18 | 0.25 | 0.11 | 1.667 | 104 | 32 | ||||||
08-31-2016 | 11.30 | 0.187 | 0.63 | 0.81 | (0.16) | (0.54) | (0.70) | 11.41 | 7.51 | 0.24 | 0.11 | 1.577 | 96 | 14 | ||||||
08-31-201510 | 11.84 | 0.017 | (0.55) | (0.54) | — | — | — | 11.30 | (4.56)8 | 0.229 | 0.109 | 0.227, 9 | 95 | 1211 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 10.87 | 0.147 | 0.11 | 0.25 | (0.14) | (1.03) | (1.17) | 9.95 | 1.478 | 0.959 | 0.759 | 2.597, 9 | 2,853 | 25 | ||||||
08-31-2019 | 12.51 | 0.117 | (0.46) | (0.35) | (0.13) | (1.16) | (1.29) | 10.87 | (1.42) | 0.93 | 0.75 | 0.997 | 2,519 | 33 | ||||||
08-31-2018 | 12.24 | 0.117 | 1.14 | 1.25 | (0.13) | (0.85) | (0.98) | 12.51 | 10.50 | 0.90 | 0.75 | 0.867 | 2,497 | 19 | ||||||
08-31-2017 | 11.31 | 0.117 | 1.54 | 1.65 | (0.12) | (0.60) | (0.72) | 12.24 | 15.39 | 0.90 | 0.75 | 0.927 | 2,758 | 32 | ||||||
08-31-2016 | 11.20 | 0.107 | 0.64 | 0.74 | (0.09) | (0.54) | (0.63) | 11.31 | 6.86 | 0.89 | 0.75 | 0.897 | 2,479 | 14 | ||||||
08-31-2015 | 12.33 | 0.097 | (0.63) | (0.54) | (0.08) | (0.51) | (0.59) | 11.20 | (4.60) | 1.00 | 0.75 | 0.757 | 2,308 | 12 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 10.94 | 0.177 | 0.10 | 0.27 | (0.17) | (1.03) | (1.20) | 10.01 | 1.618 | 0.699 | 0.499 | 2.997, 9 | 987 | 25 | ||||||
08-31-2019 | 12.58 | 0.117 | (0.44) | (0.33) | (0.15) | (1.16) | (1.31) | 10.94 | (1.18) | 0.69 | 0.51 | 1.047 | 987 | 33 | ||||||
08-31-2018 | 12.31 | 0.227 | 1.06 | 1.28 | (0.16) | (0.85) | (1.01) | 12.58 | 10.71 | 0.67 | 0.52 | 1.777 | 651 | 19 | ||||||
08-31-2017 | 11.37 | 0.147 | 1.55 | 1.69 | (0.15) | (0.60) | (0.75) | 12.31 | 15.69 | 0.64 | 0.50 | 1.237 | 1,288 | 32 | ||||||
08-31-2016 | 11.26 | 0.147 | 0.63 | 0.77 | (0.12) | (0.54) | (0.66) | 11.37 | 7.10 | 0.65 | 0.50 | 1.327 | 851 | 14 | ||||||
08-31-2015 | 12.38 | 0.137 | (0.63) | (0.50) | (0.11) | (0.51) | (0.62) | 11.26 | (4.26) | 0.88 | 0.50 | 1.097 | 501 | 12 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 10.86 | 0.167 | 0.09 | 0.25 | (0.15) | (1.03) | (1.18) | 9.93 | 1.478 | 0.849 | 0.659 | 2.817, 9 | 1,324 | 25 | ||||||
08-31-2019 | 12.50 | 0.207 | (0.54) | (0.34) | (0.14) | (1.16) | (1.30) | 10.86 | (1.30) | 0.84 | 0.66 | 1.797 | 1,174 | 33 | ||||||
08-31-2018 | 12.24 | 0.127 | 1.13 | 1.25 | (0.14) | (0.85) | (0.99) | 12.50 | 10.53 | 0.81 | 0.65 | 0.987 | 2,600 | 19 | ||||||
08-31-2017 | 11.30 | 0.147 | 1.53 | 1.67 | (0.13) | (0.60) | (0.73) | 12.24 | 15.61 | 0.80 | 0.65 | 1.257 | 1,874 | 32 | ||||||
08-31-2016 | 11.19 | 0.167 | 0.59 | 0.75 | (0.10) | (0.54) | (0.64) | 11.30 | 6.98 | 0.79 | 0.65 | 1.307 | 2,142 | 14 | ||||||
08-31-2015 | 12.32 | 0.107 | (0.63) | (0.53) | (0.09) | (0.51) | (0.60) | 11.19 | (4.51) | 0.87 | 0.65 | 0.867 | 2,763 | 12 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 10.92 | 0.187 | 0.10 | 0.28 | (0.19) | (1.03) | (1.22) | 9.98 | 1.758 | 0.569 | 0.269 | 3.217, 9 | 245 | 25 | ||||||
08-31-2019 | 12.57 | 0.177 | (0.48) | (0.31) | (0.18) | (1.16) | (1.34) | 10.92 | (0.94) | 0.54 | 0.26 | 1.517 | 224 | 33 | ||||||
08-31-2018 | 12.30 | 0.227 | 1.09 | 1.31 | (0.19) | (0.85) | (1.04) | 12.57 | 10.97 | 0.50 | 0.24 | 1.727 | 252 | 19 | ||||||
08-31-2017 | 11.36 | 0.187 | 1.54 | 1.72 | (0.18) | (0.60) | (0.78) | 12.30 | 16.00 | 0.50 | 0.25 | 1.547 | 345 | 32 | ||||||
08-31-2016 | 11.25 | 0.147 | 0.66 | 0.80 | (0.15) | (0.54) | (0.69) | 11.36 | 7.39 | 0.49 | 0.25 | 1.297 | 1,098 | 14 | ||||||
08-31-2015 | 12.38 | 0.217 | (0.69) | (0.48) | (0.14) | (0.51) | (0.65) | 11.25 | (4.10) | 0.73 | 0.25 | 1.737 | 888 | 12 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 10.99 | 0.197 | 0.10 | 0.29 | (0.21) | (1.03) | (1.24) | 10.04 | 1.838 | 0.269 | 0.069 | 3.377, 9 | 237 | 25 | ||||||
08-31-2019 | 12.65 | 0.237 | (0.52) | (0.29) | (0.21) | (1.16) | (1.37) | 10.99 | (0.78) | 0.25 | 0.06 | 1.997 | 192 | 33 | ||||||
08-31-2018 | 12.37 | 0.217 | 1.14 | 1.35 | (0.22) | (0.85) | (1.07) | 12.65 | 11.22 | 0.21 | 0.06 | 1.657 | 830 | 19 | ||||||
08-31-2017 | 11.42 | 0.207 | 1.55 | 1.75 | (0.20) | (0.60) | (0.80) | 12.37 | 16.25 | 0.20 | 0.05 | 1.727 | 818 | 32 | ||||||
08-31-2016 | 11.31 | 0.257 | 0.57 | 0.82 | (0.17) | (0.54) | (0.71) | 11.42 | 7.58 | 0.19 | 0.05 | 2.007 | 1,425 | 14 | ||||||
08-31-2015 | 12.44 | 0.187 | (0.64) | (0.46) | (0.16) | (0.51) | (0.67) | 11.31 | (3.89) | 0.29 | 0.05 | 1.487 | 2,411 | 12 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 10.97 | 0.197 | 0.10 | 0.29 | (0.22) | (1.03) | (1.25) | 10.01 | 1.808 | 0.219 | —9 | 3.427, 9 | 32,719 | 25 | ||||||
08-31-2019 | 12.63 | 0.207 | (0.49) | (0.29) | (0.21) | (1.16) | (1.37) | 10.97 | (0.71) | 0.19 | — | 1.857 | 28,782 | 33 | ||||||
08-31-2018 | 12.35 | 0.187 | 1.17 | 1.35 | (0.22) | (0.85) | (1.07) | 12.63 | 11.29 | 0.16 | — | 1.437 | 14,476 | 19 | ||||||
08-31-2017 | 11.41 | 0.187 | 1.57 | 1.75 | (0.21) | (0.60) | (0.81) | 12.35 | 16.24 | 0.15 | — | 1.537 | 4,053 | 32 | ||||||
08-31-2016 | 11.29 | 0.167 | 0.68 | 0.84 | (0.18) | (0.54) | (0.72) | 11.41 | 7.74 | 0.14 | — | 1.647 | 3,376 | 14 | ||||||
08-31-2015 | 12.42 | 0.157 | (0.60) | (0.45) | (0.17) | (0.51) | (0.68) | 11.29 | (3.85) | 0.41 | — | 1.297 | 1,762 | 12 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 53 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 10.98 | 0.197 | 0.11 | 0.30 | (0.22) | (1.03) | (1.25) | 10.03 | 1.858 | 0.259 | 0.059 | 3.347, 9 | 623,871 | 25 | ||||||
08-31-2019 | 12.64 | 0.197 | (0.48) | (0.29) | (0.21) | (1.16) | (1.37) | 10.98 | (0.77) | 0.23 | 0.05 | 1.747 | 656,081 | 33 | ||||||
08-31-2018 | 12.36 | 0.217 | 1.14 | 1.35 | (0.22) | (0.85) | (1.07) | 12.64 | 11.23 | 0.20 | 0.05 | 1.657 | 722,948 | 19 | ||||||
08-31-2017 | 11.41 | 0.207 | 1.55 | 1.75 | (0.20) | (0.60) | (0.80) | 12.36 | 16.26 | 0.19 | 0.05 | 1.707 | 722,764 | 32 | ||||||
08-31-2016 | 11.30 | 0.187 | 0.64 | 0.82 | (0.17) | (0.54) | (0.71) | 11.41 | 7.59 | 0.17 | 0.05 | 1.587 | 753,738 | 14 | ||||||
08-31-2015 | 12.43 | 0.187 | (0.64) | (0.46) | (0.16) | (0.51) | (0.67) | 11.30 | (3.89) | 0.15 | 0.05 | 1.497 | 737,363 | 12 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02, $0.01 and $0.01 per share and 0.07%, 0.16% 0.19%, 0.19%, 0.12% and 0.09%, for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
54 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 10.89 | 0.177 | 0.11 | 0.28 | (0.19) | (1.00) | (1.19) | 9.98 | 1.828 | 0.629 | 0.429 | 3.007, 9 | 158,858 | 25 | ||||||
08-31-2019 | 12.38 | 0.177 | (0.40) | (0.23) | (0.18) | (1.08) | (1.26) | 10.89 | (0.46) | 0.59 | 0.41 | 1.517 | 146,789 | 34 | ||||||
08-31-2018 | 12.28 | 0.177 | 1.02 | 1.19 | (0.18) | (0.91) | (1.09) | 12.38 | 10.05 | 0.56 | 0.41 | 1.387 | 152,404 | 19 | ||||||
08-31-2017 | 11.40 | 0.167 | 1.46 | 1.62 | (0.16) | (0.58) | (0.74) | 12.28 | 15.05 | 0.55 | 0.42 | 1.387 | 125,348 | 35 | ||||||
08-31-2016 | 11.31 | 0.137 | 0.64 | 0.77 | (0.13) | (0.55) | (0.68) | 11.40 | 7.12 | 0.54 | 0.43 | 1.237 | 89,978 | 18 | ||||||
08-31-2015 | 12.42 | 0.137 | (0.64) | (0.51) | (0.11) | (0.49) | (0.60) | 11.31 | (4.23) | 0.54 | 0.44 | 1.087 | 66,902 | 12 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 10.96 | 0.127 | 0.19 | 0.31 | (0.24) | (1.00) | (1.24) | 10.03 | 2.058 | 0.329 | 0.129 | 2.117, 9 | 15 | 25 | ||||||
08-31-2019 | 12.46 | 0.287 | (0.48) | (0.20) | (0.22) | (1.08) | (1.30) | 10.96 | (0.18) | 0.31 | 0.13 | 2.387 | 2 | 34 | ||||||
08-31-2018 | 12.36 | 0.217 | 1.02 | 1.23 | (0.22) | (0.91) | (1.13) | 12.46 | 10.30 | 0.26 | 0.11 | 1.727 | 347 | 19 | ||||||
08-31-2017 | 11.47 | 0.197 | 1.48 | 1.67 | (0.20) | (0.58) | (0.78) | 12.36 | 15.41 | 0.24 | 0.11 | 1.627 | 273 | 35 | ||||||
08-31-2016 | 11.38 | 0.197 | 0.62 | 0.81 | (0.17) | (0.55) | (0.72) | 11.47 | 7.43 | 0.23 | 0.11 | 1.647 | 96 | 18 | ||||||
08-31-201510 | 11.92 | 0.017 | (0.55) | (0.54) | — | — | — | 11.38 | (4.53)8 | 0.229 | 0.109 | 0.277, 9 | 95 | 1211 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 10.84 | 0.147 | 0.12 | 0.26 | (0.15) | (1.00) | (1.15) | 9.95 | 1.708 | 0.969 | 0.769 | 2.487, 9 | 4,572 | 25 | ||||||
08-31-2019 | 12.33 | 0.147 | (0.41) | (0.27) | (0.14) | (1.08) | (1.22) | 10.84 | (0.81) | 0.92 | 0.74 | 1.257 | 4,171 | 34 | ||||||
08-31-2018 | 12.24 | 0.147 | 1.00 | 1.14 | (0.14) | (0.91) | (1.05) | 12.33 | 9.63 | 0.88 | 0.73 | 1.107 | 6,470 | 19 | ||||||
08-31-2017 | 11.36 | 0.127 | 1.47 | 1.59 | (0.13) | (0.58) | (0.71) | 12.24 | 14.72 | 0.88 | 0.75 | 1.007 | 5,658 | 35 | ||||||
08-31-2016 | 11.27 | 0.127 | 0.62 | 0.74 | (0.10) | (0.55) | (0.65) | 11.36 | 6.78 | 0.88 | 0.75 | 1.037 | 4,233 | 18 | ||||||
08-31-2015 | 12.39 | 0.097 | (0.64) | (0.55) | (0.08) | (0.49) | (0.57) | 11.27 | (4.57) | 0.94 | 0.75 | 0.737 | 4,451 | 12 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 10.93 | 0.177 | 0.12 | 0.29 | (0.18) | (1.00) | (1.18) | 10.04 | 1.928 | 0.719 | 0.519 | 3.107, 9 | 2,626 | 25 | ||||||
08-31-2019 | 12.42 | 0.167 | (0.40) | (0.24) | (0.17) | (1.08) | (1.25) | 10.93 | (0.57) | 0.69 | 0.51 | 1.427 | 2,021 | 34 | ||||||
08-31-2018 | 12.32 | 0.147 | 1.04 | 1.18 | (0.17) | (0.91) | (1.08) | 12.42 | 9.91 | 0.66 | 0.51 | 1.177 | 2,064 | 19 | ||||||
08-31-2017 | 11.44 | 0.127 | 1.50 | 1.62 | (0.16) | (0.58) | (0.74) | 12.32 | 14.91 | 0.64 | 0.50 | 1.027 | 1,577 | 35 | ||||||
08-31-2016 | 11.34 | 0.147 | 0.64 | 0.78 | (0.13) | (0.55) | (0.68) | 11.44 | 7.11 | 0.63 | 0.50 | 1.237 | 639 | 18 | ||||||
08-31-2015 | 12.46 | 0.117 | (0.63) | (0.52) | (0.11) | (0.49) | (0.60) | 11.34 | (4.30) | 1.32 | 0.50 | 0.917 | 486 | 12 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 10.86 | 0.167 | 0.11 | 0.27 | (0.16) | (1.00) | (1.16) | 9.97 | 1.798 | 0.869 | 0.669 | 2.927, 9 | 2,035 | 25 | ||||||
08-31-2019 | 12.35 | 0.127 | (0.38) | (0.26) | (0.15) | (1.08) | (1.23) | 10.86 | (0.76) | 0.84 | 0.66 | 1.137 | 1,752 | 34 | ||||||
08-31-2018 | 12.26 | 0.157 | 1.00 | 1.15 | (0.15) | (0.91) | (1.06) | 12.35 | 9.72 | 0.81 | 0.66 | 1.237 | 2,069 | 19 | ||||||
08-31-2017 | 11.38 | 0.157 | 1.45 | 1.60 | (0.14) | (0.58) | (0.72) | 12.26 | 14.81 | 0.80 | 0.65 | 1.267 | 2,157 | 35 | ||||||
08-31-2016 | 11.29 | 0.137 | 0.62 | 0.75 | (0.11) | (0.55) | (0.66) | 11.38 | 6.88 | 0.77 | 0.65 | 1.167 | 2,144 | 18 | ||||||
08-31-2015 | 12.41 | 0.127 | (0.65) | (0.53) | (0.10) | (0.49) | (0.59) | 11.29 | (4.47) | 0.88 | 0.65 | 1.017 | 2,009 | 12 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 10.94 | 0.187 | 0.12 | 0.30 | (0.21) | (1.00) | (1.21) | 10.03 | 1.998 | 0.569 | 0.269 | 3.177, 9 | 99 | 25 | ||||||
08-31-2019 | 12.44 | 0.177 | (0.39) | (0.22) | (0.20) | (1.08) | (1.28) | 10.94 | (0.37) | 0.54 | 0.26 | 1.497 | 87 | 34 | ||||||
08-31-2018 | 12.34 | 0.197 | 1.02 | 1.21 | (0.20) | (0.91) | (1.11) | 12.44 | 10.17 | 0.50 | 0.25 | 1.537 | 627 | 19 | ||||||
08-31-2017 | 11.46 | 0.207 | 1.44 | 1.64 | (0.18) | (0.58) | (0.76) | 12.34 | 15.18 | 0.50 | 0.25 | 1.687 | 509 | 35 | ||||||
08-31-2016 | 11.36 | 0.187 | 0.63 | 0.81 | (0.16) | (0.55) | (0.71) | 11.46 | 7.38 | 0.47 | 0.25 | 1.557 | 736 | 18 | ||||||
08-31-2015 | 12.48 | 0.167 | (0.65) | (0.49) | (0.14) | (0.49) | (0.63) | 11.36 | (4.06) | 0.65 | 0.25 | 1.357 | 758 | 12 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 10.96 | 0.187 | 0.13 | 0.31 | (0.23) | (1.00) | (1.23) | 10.04 | 2.078 | 0.269 | 0.069 | 3.207, 9 | 425 | 25 | ||||||
08-31-2019 | 12.46 | 0.217 | (0.41) | (0.20) | (0.22) | (1.08) | (1.30) | 10.96 | (0.13) | 0.24 | 0.06 | 1.797 | 289 | 34 | ||||||
08-31-2018 | 12.36 | 0.217 | 1.02 | 1.23 | (0.22) | (0.91) | (1.13) | 12.46 | 10.36 | 0.21 | 0.06 | 1.717 | 1,008 | 19 | ||||||
08-31-2017 | 11.48 | 0.227 | 1.45 | 1.67 | (0.21) | (0.58) | (0.79) | 12.36 | 15.39 | 0.20 | 0.05 | 1.847 | 796 | 35 | ||||||
08-31-2016 | 11.38 | 0.187 | 0.65 | 0.83 | (0.18) | (0.55) | (0.73) | 11.48 | 7.60 | 0.18 | 0.05 | 1.537 | 1,153 | 18 | ||||||
08-31-2015 | 12.50 | 0.187 | (0.64) | (0.46) | (0.17) | (0.49) | (0.66) | 11.38 | (3.86) | 0.38 | 0.05 | 1.507 | 1,358 | 12 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 10.96 | 0.197 | 0.12 | 0.31 | (0.23) | (1.00) | (1.23) | 10.04 | 2.138 | 0.219 | —9 | 3.357, 9 | 40,598 | 25 | ||||||
08-31-2019 | 12.46 | 0.207 | (0.39) | (0.19) | (0.23) | (1.08) | (1.31) | 10.96 | (0.05) | 0.19 | — | 1.887 | 31,906 | 34 | ||||||
08-31-2018 | 12.35 | 0.207 | 1.05 | 1.25 | (0.23) | (0.91) | (1.14) | 12.46 | 10.51 | 0.16 | — | 1.617 | 17,412 | 19 | ||||||
08-31-2017 | 11.47 | 0.207 | 1.47 | 1.67 | (0.21) | (0.58) | (0.79) | 12.35 | 15.46 | 0.15 | — | 1.737 | 6,317 | 35 | ||||||
08-31-2016 | 11.38 | 0.107 | 0.73 | 0.83 | (0.19) | (0.55) | (0.74) | 11.47 | 7.56 | 0.13 | — | 1.397 | 4,037 | 18 | ||||||
08-31-2015 | 12.50 | 0.207 | (0.66) | (0.46) | (0.17) | (0.49) | (0.66) | 11.38 | (3.81) | 0.51 | — | 1.637 | 924 | 12 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 55 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 10.97 | 0.187 | 0.13 | 0.31 | (0.23) | (1.00) | (1.23) | 10.05 | 2.098 | 0.259 | 0.059 | 3.327, 9 | 787,207 | 25 | ||||||
08-31-2019 | 12.47 | 0.217 | (0.41) | (0.20) | (0.22) | (1.08) | (1.30) | 10.97 | (0.10) | 0.23 | 0.05 | 1.897 | 823,762 | 34 | ||||||
08-31-2018 | 12.36 | 0.227 | 1.02 | 1.24 | (0.22) | (0.91) | (1.13) | 12.47 | 10.45 | 0.20 | 0.05 | 1.787 | 915,487 | 19 | ||||||
08-31-2017 | 11.47 | 0.217 | 1.47 | 1.68 | (0.21) | (0.58) | (0.79) | 12.36 | 15.49 | 0.18 | 0.05 | 1.827 | 917,775 | 35 | ||||||
08-31-2016 | 11.38 | 0.197 | 0.63 | 0.82 | (0.18) | (0.55) | (0.73) | 11.47 | 7.50 | 0.17 | 0.05 | 1.657 | 962,950 | 18 | ||||||
08-31-2015 | 12.50 | 0.197 | (0.65) | (0.46) | (0.17) | (0.49) | (0.66) | 11.38 | (3.86) | 0.15 | 0.05 | 1.547 | 959,123 | 12 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02, $0.01 and $0.01 per share and 0.05%, 0.15%, 0.19%, 0.19%, 0.12% and 0.10%, for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
56 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 10.64 | 0.167 | 0.12 | 0.28 | (0.19) | (0.88) | (1.07) | 9.85 | 2.118 | 0.639 | 0.429 | 2.977, 9 | 194,154 | 23 | ||||||
08-31-2019 | 11.87 | 0.197 | (0.26) | (0.07) | (0.21) | (0.95) | (1.16) | 10.64 | 0.69 | 0.60 | 0.41 | 1.747 | 182,499 | 40 | ||||||
08-31-2018 | 11.91 | 0.197 | 0.83 | 1.02 | (0.20) | (0.86) | (1.06) | 11.87 | 8.79 | 0.56 | 0.41 | 1.607 | 185,975 | 20 | ||||||
08-31-2017 | 11.17 | 0.187 | 1.28 | 1.46 | (0.18) | (0.54) | (0.72) | 11.91 | 13.84 | 0.55 | 0.42 | 1.557 | 160,943 | 36 | ||||||
08-31-2016 | 11.10 | 0.157 | 0.59 | 0.74 | (0.16) | (0.51) | (0.67) | 11.17 | 6.99 | 0.54 | 0.43 | 1.467 | 116,337 | 18 | ||||||
08-31-2015 | 12.19 | 0.157 | (0.62) | (0.47) | (0.13) | (0.49) | (0.62) | 11.10 | (3.98) | 0.53 | 0.44 | 1.317 | 85,386 | 14 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 10.61 | 0.187 | 0.13 | 0.31 | (0.23) | (0.88) | (1.11) | 9.81 | 2.308 | 0.339 | 0.129 | 3.367, 9 | 978 | 23 | ||||||
08-31-2019 | 11.85 | 0.217 | (0.26) | (0.05) | (0.24) | (0.95) | (1.19) | 10.61 | 0.96 | 0.31 | 0.13 | 2.017 | 891 | 40 | ||||||
08-31-2018 | 11.90 | 0.207 | 0.84 | 1.04 | (0.23) | (0.86) | (1.09) | 11.85 | 9.01 | 0.26 | 0.11 | 1.707 | 755 | 20 | ||||||
08-31-2017 | 11.16 | 0.217 | 1.28 | 1.49 | (0.21) | (0.54) | (0.75) | 11.90 | 14.22 | 0.24 | 0.11 | 1.897 | 324 | 36 | ||||||
08-31-2016 | 11.08 | 0.117 | 0.68 | 0.79 | (0.20) | (0.51) | (0.71) | 11.16 | 7.43 | 0.23 | 0.11 | 1.537 | 288 | 18 | ||||||
08-31-201510 | 11.58 | 0.037 | (0.53) | (0.50) | — | — | — | 11.08 | (4.32)8 | 0.219 | 0.109 | 0.507, 9 | 96 | 1411 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 10.56 | 0.137 | 0.14 | 0.27 | (0.16) | (0.88) | (1.04) | 9.79 | 2.018 | 0.959 | 0.749 | 2.537, 9 | 3,777 | 23 | ||||||
08-31-2019 | 11.79 | 0.157 | (0.26) | (0.11) | (0.17) | (0.95) | (1.12) | 10.56 | 0.32 | 0.93 | 0.74 | 1.417 | 3,671 | 40 | ||||||
08-31-2018 | 11.84 | 0.157 | 0.82 | 0.97 | (0.16) | (0.86) | (1.02) | 11.79 | 8.39 | 0.89 | 0.73 | 1.277 | 4,372 | 20 | ||||||
08-31-2017 | 11.11 | 0.137 | 1.28 | 1.41 | (0.14) | (0.54) | (0.68) | 11.84 | 13.44 | 0.90 | 0.75 | 1.207 | 4,348 | 36 | ||||||
08-31-2016 | 11.04 | 0.107 | 0.61 | 0.71 | (0.13) | (0.51) | (0.64) | 11.11 | 6.65 | 0.86 | 0.75 | 1.027 | 4,118 | 18 | ||||||
08-31-2015 | 12.13 | 0.137 | (0.63) | (0.50) | (0.10) | (0.49) | (0.59) | 11.04 | (4.24) | 0.95 | 0.75 | 1.097 | 2,915 | 14 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 10.56 | 0.167 | 0.13 | 0.29 | (0.19) | (0.88) | (1.07) | 9.78 | 2.158 | 0.699 | 0.499 | 2.987, 9 | 2,912 | 23 | ||||||
08-31-2019 | 11.79 | 0.197 | (0.27) | (0.08) | (0.20) | (0.95) | (1.15) | 10.56 | 0.58 | 0.68 | 0.50 | 1.827 | 2,744 | 40 | ||||||
08-31-2018 | 11.84 | 0.187 | 0.82 | 1.00 | (0.19) | (0.86) | (1.05) | 11.79 | 8.66 | 0.66 | 0.51 | 1.527 | 2,347 | 20 | ||||||
08-31-2017 | 11.11 | 0.167 | 1.28 | 1.44 | (0.17) | (0.54) | (0.71) | 11.84 | 13.74 | 0.63 | 0.50 | 1.447 | 3,254 | 36 | ||||||
08-31-2016 | 11.04 | 0.107 | 0.64 | 0.74 | (0.16) | (0.51) | (0.67) | 11.11 | 6.93 | 0.63 | 0.50 | 1.147 | 1,988 | 18 | ||||||
08-31-2015 | 12.14 | 0.157 | (0.63) | (0.48) | (0.13) | (0.49) | (0.62) | 11.04 | (4.08) | 0.95 | 0.50 | 1.297 | 845 | 14 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 10.58 | 0.167 | 0.11 | 0.27 | (0.17) | (0.88) | (1.05) | 9.80 | 2.008 | 0.859 | 0.659 | 3.007, 9 | 1,485 | 23 | ||||||
08-31-2019 | 11.80 | 0.207 | (0.29) | (0.09) | (0.18) | (0.95) | (1.13) | 10.58 | 0.48 | 0.84 | 0.65 | 1.867 | 1,301 | 40 | ||||||
08-31-2018 | 11.86 | 0.167 | 0.81 | 0.97 | (0.17) | (0.86) | (1.03) | 11.80 | 8.39 | 0.81 | 0.66 | 1.387 | 1,628 | 20 | ||||||
08-31-2017 | 11.12 | 0.157 | 1.29 | 1.44 | (0.16) | (0.54) | (0.70) | 11.86 | 13.65 | 0.79 | 0.65 | 1.357 | 2,879 | 36 | ||||||
08-31-2016 | 11.05 | 0.177 | 0.55 | 0.72 | (0.14) | (0.51) | (0.65) | 11.12 | 6.76 | 0.78 | 0.65 | 1.477 | 1,822 | 18 | ||||||
08-31-2015 | 12.15 | 0.147 | (0.63) | (0.49) | (0.12) | (0.49) | (0.61) | 11.05 | (4.22) | 0.86 | 0.65 | 1.207 | 2,210 | 14 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 10.59 | 0.177 | 0.13 | 0.30 | (0.21) | (0.88) | (1.09) | 9.80 | 2.298 | 0.559 | 0.259 | 3.217, 9 | 520 | 23 | ||||||
08-31-2019 | 11.82 | 0.227 | (0.28) | (0.06) | (0.22) | (0.95) | (1.17) | 10.59 | 0.86 | 0.54 | 0.26 | 2.077 | 451 | 40 | ||||||
08-31-2018 | 11.87 | 0.227 | 0.80 | 1.02 | (0.21) | (0.86) | (1.07) | 11.82 | 8.88 | 0.51 | 0.25 | 1.857 | 509 | 20 | ||||||
08-31-2017 | 11.14 | 0.207 | 1.27 | 1.47 | (0.20) | (0.54) | (0.74) | 11.87 | 13.99 | 0.50 | 0.25 | 1.817 | 820 | 36 | ||||||
08-31-2016 | 11.07 | 0.197 | 0.57 | 0.76 | (0.18) | (0.51) | (0.69) | 11.14 | 7.20 | 0.48 | 0.25 | 1.727 | 995 | 18 | ||||||
08-31-2015 | 12.16 | 0.207 | (0.64) | (0.44) | (0.16) | (0.49) | (0.65) | 11.07 | (3.75) | 0.71 | 0.25 | 1.717 | 949 | 14 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 10.61 | 0.187 | 0.12 | 0.30 | (0.23) | (0.88) | (1.11) | 9.80 | 2.288 | 0.279 | 0.069 | 3.387, 9 | 804 | 23 | ||||||
08-31-2019 | 11.85 | 0.227 | (0.26) | (0.04) | (0.25) | (0.95) | (1.20) | 10.61 | 1.03 | 0.25 | 0.06 | 2.087 | 947 | 40 | ||||||
08-31-2018 | 11.89 | 0.227 | 0.84 | 1.06 | (0.24) | (0.86) | (1.10) | 11.85 | 9.19 | 0.21 | 0.06 | 1.907 | 1,902 | 20 | ||||||
08-31-2017 | 11.16 | 0.237 | 1.26 | 1.49 | (0.22) | (0.54) | (0.76) | 11.89 | 14.20 | 0.19 | 0.05 | 2.067 | 1,305 | 36 | ||||||
08-31-2016 | 11.09 | 0.257 | 0.54 | 0.79 | (0.21) | (0.51) | (0.72) | 11.16 | 7.41 | 0.18 | 0.05 | 2.217 | 1,775 | 18 | ||||||
08-31-2015 | 12.19 | 0.207 | (0.62) | (0.42) | (0.19) | (0.49) | (0.68) | 11.09 | (3.63) | 0.28 | 0.05 | 1.747 | 2,356 | 14 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 10.61 | 0.187 | 0.13 | 0.31 | (0.24) | (0.88) | (1.12) | 9.80 | 2.348 | 0.229 | —9 | 3.437, 9 | 49,126 | 23 | ||||||
08-31-2019 | 11.85 | 0.227 | (0.25) | (0.03) | (0.26) | (0.95) | (1.21) | 10.61 | 1.10 | 0.20 | — | 2.087 | 38,634 | 40 | ||||||
08-31-2018 | 11.89 | 0.217 | 0.85 | 1.06 | (0.24) | (0.86) | (1.10) | 11.85 | 9.24 | 0.16 | — | 1.797 | 21,191 | 20 | ||||||
08-31-2017 | 11.16 | 0.207 | 1.30 | 1.50 | (0.23) | (0.54) | (0.77) | 11.89 | 14.26 | 0.14 | — | 1.767 | 7,367 | 36 | ||||||
08-31-2016 | 11.09 | 0.167 | 0.63 | 0.79 | (0.21) | (0.51) | (0.72) | 11.16 | 7.47 | 0.13 | — | 1.817 | 4,806 | 18 | ||||||
08-31-2015 | 12.19 | 0.227 | (0.64) | (0.42) | (0.19) | (0.49) | (0.68) | 11.09 | (3.58) | 0.31 | — | 1.877 | 2,028 | 14 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 57 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 10.62 | 0.187 | 0.12 | 0.30 | (0.23) | (0.88) | (1.11) | 9.81 | 2.298 | 0.259 | 0.059 | 3.317, 9 | 919,910 | 23 | ||||||
08-31-2019 | 11.85 | 0.237 | (0.26) | (0.03) | (0.25) | (0.95) | (1.20) | 10.62 | 1.12 | 0.23 | 0.05 | 2.127 | 967,661 | 40 | ||||||
08-31-2018 | 11.90 | 0.237 | 0.82 | 1.05 | (0.24) | (0.86) | (1.10) | 11.85 | 9.09 | 0.20 | 0.05 | 1.987 | 1,081,097 | 20 | ||||||
08-31-2017 | 11.16 | 0.227 | 1.28 | 1.50 | (0.22) | (0.54) | (0.76) | 11.90 | 14.29 | 0.18 | 0.05 | 1.997 | 1,098,168 | 36 | ||||||
08-31-2016 | 11.09 | 0.217 | 0.58 | 0.79 | (0.21) | (0.51) | (0.72) | 11.16 | 7.41 | 0.16 | 0.05 | 1.897 | 1,158,836 | 18 | ||||||
08-31-2015 | 12.19 | 0.207 | (0.62) | (0.42) | (0.19) | (0.49) | (0.68) | 11.09 | (3.63) | 0.15 | 0.05 | 1.737 | 1,144,249 | 14 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02, $0.01, and $0.01 per share and 0.06%, 0.16%, 0.20%, 0.20%, 0.13% and 0.10% for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
58 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 10.44 | 0.167 | 0.10 | 0.26 | (0.21) | (0.76) | (0.97) | 9.73 | 2.118 | 0.649 | 0.429 | 2.967, 9 | 188,537 | 25 | ||||||
08-31-2019 | 11.46 | 0.217 | (0.14) | 0.07 | (0.23) | (0.86) | (1.09) | 10.44 | 1.80 | 0.60 | 0.41 | 2.017 | 180,550 | 39 | ||||||
08-31-2018 | 11.62 | 0.217 | 0.63 | 0.84 | (0.22) | (0.78) | (1.00) | 11.46 | 7.40 | 0.56 | 0.41 | 1.837 | 176,446 | 21 | ||||||
08-31-2017 | 11.07 | 0.207 | 1.08 | 1.28 | (0.21) | (0.52) | (0.73) | 11.62 | 12.22 | 0.55 | 0.42 | 1.787 | 157,054 | 37 | ||||||
08-31-2016 | 11.01 | 0.197 | 0.54 | 0.73 | (0.20) | (0.47) | (0.67) | 11.07 | 6.91 | 0.54 | 0.43 | 1.767 | 110,938 | 21 | ||||||
08-31-2015 | 12.04 | 0.187 | (0.59) | (0.41) | (0.16) | (0.46) | (0.62) | 11.01 | (3.59) | 0.53 | 0.44 | 1.597 | 88,278 | 15 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 10.41 | 0.167 | 0.12 | 0.28 | (0.25) | (0.76) | (1.01) | 9.68 | 2.218 | 0.349 | 0.129 | 3.107, 9 | 1,637 | 25 | ||||||
08-31-2019 | 11.43 | 0.157 | (0.05) | 0.10 | (0.26) | (0.86) | (1.12) | 10.41 | 2.17 | 0.31 | 0.12 | 1.557 | 1,502 | 39 | ||||||
08-31-2018 | 11.59 | 0.247 | 0.63 | 0.87 | (0.25) | (0.78) | (1.03) | 11.43 | 7.73 | 0.27 | 0.11 | 2.097 | 81 | 21 | ||||||
08-31-2017 | 11.04 | 0.237 | 1.08 | 1.31 | (0.24) | (0.52) | (0.76) | 11.59 | 12.61 | 0.24 | 0.11 | 2.057 | 165 | 37 | ||||||
08-31-2016 | 10.98 | 0.247 | 0.52 | 0.76 | (0.23) | (0.47) | (0.70) | 11.04 | 7.26 | 0.22 | 0.11 | 2.167 | 97 | 21 | ||||||
08-31-201510 | 11.42 | 0.047 | (0.48) | (0.44) | — | — | — | 10.98 | (3.85)8 | 0.219 | 0.109 | 0.837, 9 | 96 | 1511 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 10.36 | 0.137 | 0.11 | 0.24 | (0.18) | (0.76) | (0.94) | 9.66 | 1.928 | 0.959 | 0.749 | 2.557, 9 | 3,786 | 25 | ||||||
08-31-2019 | 11.38 | 0.187 | (0.14) | 0.04 | (0.20) | (0.86) | (1.06) | 10.36 | 1.48 | 0.91 | 0.72 | 1.717 | 4,103 | 39 | ||||||
08-31-2018 | 11.55 | 0.187 | 0.61 | 0.79 | (0.18) | (0.78) | (0.96) | 11.38 | 7.01 | 0.87 | 0.72 | 1.567 | 4,530 | 21 | ||||||
08-31-2017 | 11.01 | 0.167 | 1.07 | 1.23 | (0.17) | (0.52) | (0.69) | 11.55 | 11.82 | 0.86 | 0.73 | 1.497 | 4,199 | 37 | ||||||
08-31-2016 | 10.94 | 0.207 | 0.50 | 0.70 | (0.16) | (0.47) | (0.63) | 11.01 | 6.67 | 0.88 | 0.75 | 1.667 | 3,999 | 21 | ||||||
08-31-2015 | 11.98 | 0.147 | (0.59) | (0.45) | (0.13) | (0.46) | (0.59) | 10.94 | (3.94) | 0.92 | 0.75 | 1.197 | 5,346 | 15 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 10.37 | 0.157 | 0.11 | 0.26 | (0.21) | (0.76) | (0.97) | 9.66 | 2.078 | 0.709 | 0.499 | 2.887, 9 | 5,632 | 25 | ||||||
08-31-2019 | 11.39 | 0.187 | (0.12) | 0.06 | (0.22) | (0.86) | (1.08) | 10.37 | 1.71 | 0.69 | 0.50 | 1.807 | 4,273 | 39 | ||||||
08-31-2018 | 11.56 | 0.207 | 0.62 | 0.82 | (0.21) | (0.78) | (0.99) | 11.39 | 7.26 | 0.66 | 0.50 | 1.757 | 2,723 | 21 | ||||||
08-31-2017 | 11.01 | 0.167 | 1.11 | 1.27 | (0.20) | (0.52) | (0.72) | 11.56 | 12.20 | 0.64 | 0.50 | 1.497 | 2,593 | 37 | ||||||
08-31-2016 | 10.95 | 0.157 | 0.57 | 0.72 | (0.19) | (0.47) | (0.66) | 11.01 | 6.85 | 0.60 | 0.49 | 1.517 | 1,324 | 21 | ||||||
08-31-2015 | 11.99 | 0.187 | (0.60) | (0.42) | (0.16) | (0.46) | (0.62) | 10.95 | (3.70) | 1.02 | 0.50 | 1.567 | 770 | 15 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 10.37 | 0.147 | 0.11 | 0.25 | (0.19) | (0.76) | (0.95) | 9.67 | 2.008 | 0.879 | 0.669 | 2.777, 9 | 2,703 | 25 | ||||||
08-31-2019 | 11.39 | 0.187 | (0.14) | 0.04 | (0.20) | (0.86) | (1.06) | 10.37 | 1.53 | 0.85 | 0.66 | 1.767 | 2,561 | 39 | ||||||
08-31-2018 | 11.56 | 0.187 | 0.62 | 0.80 | (0.19) | (0.78) | (0.97) | 11.39 | 7.09 | 0.81 | 0.65 | 1.607 | 2,674 | 21 | ||||||
08-31-2017 | 11.02 | 0.197 | 1.05 | 1.24 | (0.18) | (0.52) | (0.70) | 11.56 | 11.92 | 0.80 | 0.65 | 1.737 | 3,537 | 37 | ||||||
08-31-2016 | 10.95 | 0.187 | 0.53 | 0.71 | (0.17) | (0.47) | (0.64) | 11.02 | 6.78 | 0.77 | 0.65 | 1.677 | 4,464 | 21 | ||||||
08-31-2015 | 12.00 | 0.187 | (0.63) | (0.45) | (0.14) | (0.46) | (0.60) | 10.95 | (3.92) | 0.83 | 0.65 | 1.527 | 3,676 | 15 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 10.41 | 0.167 | 0.11 | 0.27 | (0.23) | (0.76) | (0.99) | 9.69 | 2.178 | 0.589 | 0.269 | 3.097, 9 | 725 | 25 | ||||||
08-31-2019 | 11.44 | 0.237 | (0.15) | 0.08 | (0.25) | (0.86) | (1.11) | 10.41 | 1.91 | 0.55 | 0.26 | 2.227 | 736 | 39 | ||||||
08-31-2018 | 11.60 | 0.227 | 0.64 | 0.86 | (0.24) | (0.78) | (1.02) | 11.44 | 7.56 | 0.52 | 0.26 | 1.967 | 759 | 21 | ||||||
08-31-2017 | 11.05 | 0.227 | 1.08 | 1.30 | (0.23) | (0.52) | (0.75) | 11.60 | 12.45 | 0.49 | 0.25 | 1.997 | 785 | 37 | ||||||
08-31-2016 | 10.99 | 0.227 | 0.53 | 0.75 | (0.22) | (0.47) | (0.69) | 11.05 | 7.11 | 0.47 | 0.25 | 2.007 | 418 | 21 | ||||||
08-31-2015 | 12.03 | 0.227 | (0.61) | (0.39) | (0.19) | (0.46) | (0.65) | 10.99 | (3.43) | 0.67 | 0.25 | 1.917 | 397 | 15 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 10.40 | 0.187 | 0.10 | 0.28 | (0.25) | (0.76) | (1.01) | 9.67 | 2.288 | 0.289 | 0.069 | 3.397, 9 | 1,330 | 25 | ||||||
08-31-2019 | 11.43 | 0.257 | (0.15) | 0.10 | (0.27) | (0.86) | (1.13) | 10.40 | 2.14 | 0.25 | 0.07 | 2.377 | 1,342 | 39 | ||||||
08-31-2018 | 11.60 | 0.237 | 0.64 | 0.87 | (0.26) | (0.78) | (1.04) | 11.43 | 7.71 | 0.21 | 0.05 | 2.067 | 1,635 | 21 | ||||||
08-31-2017 | 11.05 | 0.277 | 1.05 | 1.32 | (0.25) | (0.52) | (0.77) | 11.60 | 12.68 | 0.19 | 0.05 | 2.477 | 1,182 | 37 | ||||||
08-31-2016 | 10.99 | 0.237 | 0.54 | 0.77 | (0.24) | (0.47) | (0.71) | 11.05 | 7.34 | 0.18 | 0.05 | 2.067 | 1,926 | 21 | ||||||
08-31-2015 | 12.03 | 0.237 | (0.60) | (0.37) | (0.21) | (0.46) | (0.67) | 10.99 | (3.24) | 0.31 | 0.05 | 1.967 | 2,114 | 15 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 10.40 | 0.187 | 0.10 | 0.28 | (0.26) | (0.76) | (1.02) | 9.66 | 2.248 | 0.239 | —9 | 3.397, 9 | 45,094 | 25 | ||||||
08-31-2019 | 11.42 | 0.257 | (0.13) | 0.12 | (0.28) | (0.86) | (1.14) | 10.40 | 2.31 | 0.20 | — | 2.447 | 38,659 | 39 | ||||||
08-31-2018 | 11.59 | 0.247 | 0.64 | 0.88 | (0.27) | (0.78) | (1.05) | 11.42 | 7.77 | 0.17 | — | 2.147 | 22,698 | 21 | ||||||
08-31-2017 | 11.04 | 0.217 | 1.11 | 1.32 | (0.25) | (0.52) | (0.77) | 11.59 | 12.75 | 0.14 | — | 1.887 | 8,987 | 37 | ||||||
08-31-2016 | 10.98 | 0.207 | 0.57 | 0.77 | (0.24) | (0.47) | (0.71) | 11.04 | 7.40 | 0.13 | — | 2.047 | 3,830 | 21 | ||||||
08-31-2015 | 12.02 | 0.257 | (0.61) | (0.36) | (0.22) | (0.46) | (0.68) | 10.98 | (3.20) | 0.50 | — | 2.137 | 1,007 | 15 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 59 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 10.40 | 0.177 | 0.11 | 0.28 | (0.25) | (0.76) | (1.01) | 9.67 | 2.288 | 0.269 | 0.059 | 3.337, 9 | 916,024 | 25 | ||||||
08-31-2019 | 11.43 | 0.257 | (0.15) | 0.10 | (0.27) | (0.86) | (1.13) | 10.40 | 2.15 | 0.24 | 0.05 | 2.427 | 983,455 | 39 | ||||||
08-31-2018 | 11.60 | 0.257 | 0.62 | 0.87 | (0.26) | (0.78) | (1.04) | 11.43 | 7.71 | 0.20 | 0.05 | 2.217 | 1,136,209 | 21 | ||||||
08-31-2017 | 11.05 | 0.257 | 1.07 | 1.32 | (0.25) | (0.52) | (0.77) | 11.60 | 12.68 | 0.18 | 0.05 | 2.227 | 1,176,137 | 37 | ||||||
08-31-2016 | 10.99 | 0.247 | 0.53 | 0.77 | (0.24) | (0.47) | (0.71) | 11.05 | 7.34 | 0.16 | 0.05 | 2.207 | 1,278,028 | 21 | ||||||
08-31-2015 | 12.03 | 0.237 | (0.60) | (0.37) | (0.21) | (0.46) | (0.67) | 10.99 | (3.24) | 0.15 | 0.05 | 2.027 | 1,308,200 | 15 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02, $0.01, and $0.01 per share and 0.05%, 0.15%, 0.19%, 0.20%, 0.13% and 0.10%, for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
60 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 9.89 | 0.157 | 0.10 | 0.25 | (0.23) | (0.67) | (0.90) | 9.24 | 2.258 | 0.669 | 0.429 | 3.017, 9 | 178,783 | 27 | ||||||
08-31-2019 | 10.66 | 0.227 | (0.03) | 0.19 | (0.24) | (0.72) | (0.96) | 9.89 | 2.89 | 0.62 | 0.41 | 2.277 | 171,370 | 40 | ||||||
08-31-2018 | 10.93 | 0.227 | 0.41 | 0.63 | (0.23) | (0.67) | (0.90) | 10.66 | 5.92 | 0.57 | 0.41 | 2.027 | 171,973 | 19 | ||||||
08-31-2017 | 10.64 | 0.227 | 0.82 | 1.04 | (0.23) | (0.52) | (0.75) | 10.93 | 10.42 | 0.55 | 0.42 | 2.057 | 144,135 | 35 | ||||||
08-31-2016 | 10.69 | 0.217 | 0.47 | 0.68 | (0.23) | (0.50) | (0.73) | 10.64 | 6.72 | 0.54 | 0.43 | 2.077 | 112,709 | 20 | ||||||
08-31-2015 | 11.69 | 0.227 | (0.60) | (0.38) | (0.19) | (0.43) | (0.62) | 10.69 | (3.38) | 0.54 | 0.44 | 1.967 | 85,398 | 18 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 9.90 | 0.187 | 0.09 | 0.27 | (0.26) | (0.67) | (0.93) | 9.24 | 2.448 | 0.369 | 0.129 | 3.607, 9 | 84 | 27 | ||||||
08-31-2019 | 10.67 | 0.267 | (0.04) | 0.22 | (0.27) | (0.72) | (0.99) | 9.90 | 3.23 | 0.33 | 0.13 | 2.637 | 230 | 40 | ||||||
08-31-2018 | 10.94 | 0.237 | 0.43 | 0.66 | (0.26) | (0.67) | (0.93) | 10.67 | 6.23 | 0.28 | 0.11 | 2.217 | 705 | 19 | ||||||
08-31-2017 | 10.65 | 0.247 | 0.83 | 1.07 | (0.26) | (0.52) | (0.78) | 10.94 | 10.76 | 0.24 | 0.11 | 2.317 | 155 | 35 | ||||||
08-31-2016 | 10.69 | 0.267 | 0.46 | 0.72 | (0.26) | (0.50) | (0.76) | 10.65 | 7.16 | 0.23 | 0.11 | 2.477 | 99 | 20 | ||||||
08-31-201510 | 11.07 | 0.067 | (0.44) | (0.38) | — | — | — | 10.69 | (3.43)8 | 0.229 | 0.109 | 1.177, 9 | 97 | 1811 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 9.84 | 0.137 | 0.11 | 0.24 | (0.20) | (0.67) | (0.87) | 9.21 | 2.158 | 0.999 | 0.759 | 2.687, 9 | 4,316 | 27 | ||||||
08-31-2019 | 10.60 | 0.197 | (0.02) | 0.17 | (0.21) | (0.72) | (0.93) | 9.84 | 2.62 | 0.95 | 0.75 | 1.937 | 4,724 | 40 | ||||||
08-31-2018 | 10.88 | 0.187 | 0.40 | 0.58 | (0.19) | (0.67) | (0.86) | 10.60 | 5.49 | 0.91 | 0.74 | 1.717 | 4,465 | 19 | ||||||
08-31-2017 | 10.59 | 0.177 | 0.83 | 1.00 | (0.19) | (0.52) | (0.71) | 10.88 | 10.09 | 0.90 | 0.75 | 1.577 | 4,253 | 35 | ||||||
08-31-2016 | 10.64 | 0.197 | 0.45 | 0.64 | (0.19) | (0.50) | (0.69) | 10.59 | 6.38 | 0.88 | 0.75 | 1.797 | 3,091 | 20 | ||||||
08-31-2015 | 11.64 | 0.197 | (0.59) | (0.40) | (0.17) | (0.43) | (0.60) | 10.64 | (3.65) | 0.93 | 0.74 | 1.667 | 3,098 | 18 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 9.84 | 0.147 | 0.12 | 0.26 | (0.23) | (0.67) | (0.90) | 9.20 | 2.298 | 0.749 | 0.509 | 2.947, 9 | 989 | 27 | ||||||
08-31-2019 | 10.61 | 0.227 | (0.04) | 0.18 | (0.23) | (0.72) | (0.95) | 9.84 | 2.77 | 0.71 | 0.51 | 2.237 | 1,098 | 40 | ||||||
08-31-2018 | 10.89 | 0.207 | 0.41 | 0.61 | (0.22) | (0.67) | (0.89) | 10.61 | 5.74 | 0.67 | 0.51 | 1.867 | 1,440 | 19 | ||||||
08-31-2017 | 10.60 | 0.217 | 0.82 | 1.03 | (0.22) | (0.52) | (0.74) | 10.89 | 10.37 | 0.65 | 0.50 | 2.027 | 1,778 | 35 | ||||||
08-31-2016 | 10.65 | 0.187 | 0.49 | 0.67 | (0.22) | (0.50) | (0.72) | 10.60 | 6.66 | 0.62 | 0.50 | 1.847 | 1,370 | 20 | ||||||
08-31-2015 | 11.65 | 0.217 | (0.59) | (0.38) | (0.19) | (0.43) | (0.62) | 10.65 | (3.40) | 0.91 | 0.49 | 1.877 | 1,105 | 18 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 9.85 | 0.137 | 0.11 | 0.24 | (0.21) | (0.67) | (0.88) | 9.21 | 2.148 | 0.909 | 0.669 | 2.697, 9 | 1,643 | 27 | ||||||
08-31-2019 | 10.61 | 0.197 | (0.01) | 0.18 | (0.22) | (0.72) | (0.94) | 9.85 | 2.70 | 0.86 | 0.66 | 1.977 | 1,967 | 40 | ||||||
08-31-2018 | 10.89 | 0.207 | 0.39 | 0.59 | (0.20) | (0.67) | (0.87) | 10.61 | 5.59 | 0.82 | 0.65 | 1.847 | 1,566 | 19 | ||||||
08-31-2017 | 10.61 | 0.227 | 0.78 | 1.00 | (0.20) | (0.52) | (0.72) | 10.89 | 10.09 | 0.80 | 0.65 | 2.107 | 2,259 | 35 | ||||||
08-31-2016 | 10.65 | 0.227 | 0.44 | 0.66 | (0.20) | (0.50) | (0.70) | 10.61 | 6.59 | 0.78 | 0.65 | 1.997 | 3,009 | 20 | ||||||
08-31-2015 | 11.66 | 0.207 | (0.60) | (0.40) | (0.18) | (0.43) | (0.61) | 10.65 | (3.63) | 0.83 | 0.65 | 1.817 | 3,419 | 18 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 9.85 | 0.157 | 0.11 | 0.26 | (0.25) | (0.67) | (0.92) | 9.19 | 2.328 | 0.599 | 0.259 | 3.147, 9 | 217 | 27 | ||||||
08-31-2019 | 10.62 | 0.237 | (0.02) | 0.21 | (0.26) | (0.72) | (0.98) | 9.85 | 3.07 | 0.56 | 0.26 | 2.397 | 239 | 40 | ||||||
08-31-2018 | 10.89 | 0.277 | 0.37 | 0.64 | (0.24) | (0.67) | (0.91) | 10.62 | 6.11 | 0.52 | 0.25 | 2.517 | 211 | 19 | ||||||
08-31-2017 | 10.61 | 0.257 | 0.80 | 1.05 | (0.25) | (0.52) | (0.77) | 10.89 | 10.55 | 0.50 | 0.25 | 2.357 | 513 | 35 | ||||||
08-31-2016 | 10.66 | 0.277 | 0.43 | 0.70 | (0.25) | (0.50) | (0.75) | 10.61 | 6.94 | 0.48 | 0.25 | 2.527 | 870 | 20 | ||||||
08-31-2015 | 11.66 | 0.277 | (0.62) | (0.35) | (0.22) | (0.43) | (0.65) | 10.66 | (3.15) | 0.72 | 0.25 | 2.417 | 1,064 | 18 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 9.89 | 0.177 | 0.10 | 0.27 | (0.27) | (0.67) | (0.94) | 9.22 | 2.418 | 0.309 | 0.069 | 3.487, 9 | 3,254 | 27 | ||||||
08-31-2019 | 10.66 | 0.277 | (0.04) | 0.23 | (0.28) | (0.72) | (1.00) | 9.89 | 3.29 | 0.27 | 0.06 | 2.717 | 3,778 | 40 | ||||||
08-31-2018 | 10.93 | 0.257 | 0.42 | 0.67 | (0.27) | (0.67) | (0.94) | 10.66 | 6.29 | 0.22 | 0.06 | 2.377 | 5,384 | 19 | ||||||
08-31-2017 | 10.64 | 0.257 | 0.83 | 1.08 | (0.27) | (0.52) | (0.79) | 10.93 | 10.84 | 0.20 | 0.05 | 2.407 | 4,687 | 35 | ||||||
08-31-2016 | 10.69 | 0.277 | 0.45 | 0.72 | (0.27) | (0.50) | (0.77) | 10.64 | 7.14 | 0.18 | 0.05 | 2.607 | 4,130 | 20 | ||||||
08-31-2015 | 11.70 | 0.267 | (0.59) | (0.33) | (0.25) | (0.43) | (0.68) | 10.69 | (3.03) | 0.23 | 0.05 | 2.357 | 4,494 | 18 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 9.87 | 0.177 | 0.11 | 0.28 | (0.28) | (0.67) | (0.95) | 9.20 | 2.478 | 0.259 | —9 | 3.497, 9 | 29,428 | 27 | ||||||
08-31-2019 | 10.65 | 0.267 | (0.03) | 0.23 | (0.29) | (0.72) | (1.01) | 9.87 | 3.28 | 0.21 | — | 2.677 | 28,384 | 40 | ||||||
08-31-2018 | 10.92 | 0.257 | 0.42 | 0.67 | (0.27) | (0.67) | (0.94) | 10.65 | 6.36 | 0.17 | — | 2.327 | 16,997 | 19 | ||||||
08-31-2017 | 10.63 | 0.247 | 0.84 | 1.08 | (0.27) | (0.52) | (0.79) | 10.92 | 10.92 | 0.15 | — | 2.317 | 10,285 | 35 | ||||||
08-31-2016 | 10.69 | 0.257 | 0.47 | 0.72 | (0.28) | (0.50) | (0.78) | 10.63 | 7.11 | 0.13 | — | 2.707 | 3,713 | 20 | ||||||
08-31-2015 | 11.69 | 0.287 | (0.60) | (0.32) | (0.25) | (0.43) | (0.68) | 10.69 | (2.90) | 0.32 | — | 2.527 | 2,285 | 18 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 61 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 9.89 | 0.177 | 0.10 | 0.27 | (0.27) | (0.67) | (0.94) | 9.22 | 2.418 | 0.299 | 0.059 | 3.367, 9 | 529,561 | 27 | ||||||
08-31-2019 | 10.66 | 0.277 | (0.04) | 0.23 | (0.28) | (0.72) | (1.00) | 9.89 | 3.32 | 0.25 | 0.05 | 2.697 | 590,329 | 40 | ||||||
08-31-2018 | 10.93 | 0.267 | 0.41 | 0.67 | (0.27) | (0.67) | (0.94) | 10.66 | 6.29 | 0.21 | 0.05 | 2.447 | 733,558 | 19 | ||||||
08-31-2017 | 10.64 | 0.267 | 0.82 | 1.08 | (0.27) | (0.52) | (0.79) | 10.93 | 10.84 | 0.18 | 0.05 | 2.507 | 821,058 | 35 | ||||||
08-31-2016 | 10.69 | 0.277 | 0.45 | 0.72 | (0.27) | (0.50) | (0.77) | 10.64 | 7.14 | 0.17 | 0.05 | 2.527 | 955,449 | 20 | ||||||
08-31-2015 | 11.70 | 0.277 | (0.60) | (0.33) | (0.25) | (0.43) | (0.68) | 10.69 | (3.03) | 0.15 | 0.05 | 2.397 | 1,032,205 | 18 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.01, $0.02, $0.02, $0.02, $0.02 and $0.01 per share and 0.05%, 0.15%, 0.20%, 0.21%, 0.14% and 0.12% for periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
62 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 9.12 | 0.147 | 0.07 | 0.21 | (0.23) | (0.58) | (0.81) | 8.52 | 2.098 | 0.729 | 0.429 | 3.047, 9 | 92,025 | 30 | ||||||
08-31-2019 | 9.75 | 0.237 | 0.04 | 0.27 | (0.26) | (0.64) | (0.90) | 9.12 | 3.85 | 0.66 | 0.41 | 2.537 | 91,688 | 41 | ||||||
08-31-2018 | 10.13 | 0.227 | 0.23 | 0.45 | (0.24) | (0.59) | (0.83) | 9.75 | 4.54 | 0.60 | 0.41 | 2.227 | 98,847 | 17 | ||||||
08-31-2017 | 10.02 | 0.227 | 0.60 | 0.82 | (0.24) | (0.47) | (0.71) | 10.13 | 8.81 | 0.58 | 0.42 | 2.267 | 90,426 | 38 | ||||||
08-31-2016 | 10.25 | 0.227 | 0.41 | 0.63 | (0.25) | (0.61) | (0.86) | 10.02 | 6.63 | 0.56 | 0.43 | 2.327 | 73,985 | 19 | ||||||
08-31-2015 | 11.35 | 0.247 | (0.58) | (0.34) | (0.23) | (0.53) | (0.76) | 10.25 | (3.13) | 0.55 | 0.44 | 2.267 | 62,597 | 16 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 9.13 | 0.157 | 0.07 | 0.22 | (0.26) | (0.58) | (0.84) | 8.51 | 2.178 | 0.429 | 0.129 | 3.387, 9 | 772 | 30 | ||||||
08-31-2019 | 9.76 | 0.257 | 0.05 | 0.30 | (0.29) | (0.64) | (0.93) | 9.13 | 4.21 | 0.37 | 0.13 | 2.827 | 670 | 41 | ||||||
08-31-2018 | 10.14 | 0.247 | 0.24 | 0.48 | (0.27) | (0.59) | (0.86) | 9.76 | 4.85 | 0.31 | 0.11 | 2.497 | 610 | 17 | ||||||
08-31-2017 | 10.02 | 0.227 | 0.65 | 0.87 | (0.28) | (0.47) | (0.75) | 10.14 | 9.27 | 0.27 | 0.11 | 2.277 | 369 | 38 | ||||||
08-31-2016 | 10.25 | 0.277 | 0.39 | 0.66 | (0.28) | (0.61) | (0.89) | 10.02 | 6.98 | 0.25 | 0.11 | 2.747 | 95 | 19 | ||||||
08-31-201510 | 10.58 | 0.067 | (0.39) | (0.33) | — | — | — | 10.25 | (3.12)8 | 0.239 | 0.109 | 1.407, 9 | 97 | 1611 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 9.08 | 0.127 | 0.07 | 0.19 | (0.20) | (0.58) | (0.78) | 8.49 | 1.898 | 1.069 | 0.769 | 2.687, 9 | 1,544 | 30 | ||||||
08-31-2019 | 9.70 | 0.207 | 0.05 | 0.25 | (0.23) | (0.64) | (0.87) | 9.08 | 3.57 | 1.00 | 0.76 | 2.177 | 1,471 | 41 | ||||||
08-31-2018 | 10.09 | 0.197 | 0.22 | 0.41 | (0.21) | (0.59) | (0.80) | 9.70 | 4.10 | 0.94 | 0.74 | 1.927 | 1,487 | 17 | ||||||
08-31-2017 | 9.98 | 0.197 | 0.60 | 0.79 | (0.21) | (0.47) | (0.68) | 10.09 | 8.48 | 0.93 | 0.75 | 1.987 | 1,867 | 38 | ||||||
08-31-2016 | 10.21 | 0.207 | 0.40 | 0.60 | (0.22) | (0.61) | (0.83) | 9.98 | 6.29 | 0.90 | 0.75 | 2.057 | 2,200 | 19 | ||||||
08-31-2015 | 11.32 | 0.197 | (0.57) | (0.38) | (0.20) | (0.53) | (0.73) | 10.21 | (3.48) | 1.07 | 0.75 | 1.827 | 2,238 | 16 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 9.07 | 0.137 | 0.08 | 0.21 | (0.23) | (0.58) | (0.81) | 8.47 | 2.058 | 0.809 | 0.509 | 2.997, 9 | 38 | 30 | ||||||
08-31-2019 | 9.69 | 0.237 | 0.04 | 0.27 | (0.25) | (0.64) | (0.89) | 9.07 | 3.87 | 0.73 | 0.49 | 2.537 | 33 | 41 | ||||||
08-31-2018 | 10.09 | 0.177 | 0.25 | 0.42 | (0.23) | (0.59) | (0.82) | 9.69 | 4.16 | 0.71 | 0.51 | 1.717 | 47 | 17 | ||||||
08-31-2017 | 9.98 | 0.197 | 0.63 | 0.82 | (0.24) | (0.47) | (0.71) | 10.09 | 8.88 | 0.66 | 0.50 | 1.947 | 584 | 38 | ||||||
08-31-2016 | 10.22 | 0.237 | 0.39 | 0.62 | (0.25) | (0.61) | (0.86) | 9.98 | 6.54 | 0.65 | 0.50 | 2.177 | 158 | 19 | ||||||
08-31-2015 | 11.33 | 0.257 | (0.60) | (0.35) | (0.23) | (0.53) | (0.76) | 10.22 | (3.23) | 1.81 | 0.50 | 2.337 | 143 | 16 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 9.08 | 0.137 | 0.07 | 0.20 | (0.21) | (0.58) | (0.79) | 8.49 | 2.008 | 0.949 | 0.659 | 2.887, 9 | 1,070 | 30 | ||||||
08-31-2019 | 9.71 | 0.227 | 0.03 | 0.25 | (0.24) | (0.64) | (0.88) | 9.08 | 3.59 | 0.90 | 0.66 | 2.437 | 2,108 | 41 | ||||||
08-31-2018 | 10.10 | 0.197 | 0.23 | 0.42 | (0.22) | (0.59) | (0.81) | 9.71 | 4.20 | 0.86 | 0.66 | 1.937 | 2,556 | 17 | ||||||
08-31-2017 | 9.98 | 0.237 | 0.58 | 0.81 | (0.22) | (0.47) | (0.69) | 10.10 | 8.70 | 0.82 | 0.65 | 2.317 | 3,126 | 38 | ||||||
08-31-2016 | 10.21 | 0.237 | 0.38 | 0.61 | (0.23) | (0.61) | (0.84) | 9.98 | 6.40 | 0.80 | 0.65 | 2.257 | 5,620 | 19 | ||||||
08-31-2015 | 11.32 | 0.227 | (0.59) | (0.37) | (0.21) | (0.53) | (0.74) | 10.21 | (3.38) | 0.82 | 0.65 | 2.047 | 6,405 | 16 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 9.09 | 0.147 | 0.08 | 0.22 | (0.25) | (0.58) | (0.83) | 8.48 | 2.148 | 0.659 | 0.279 | 3.217, 9 | 11 | 30 | ||||||
08-31-2019 | 9.72 | 0.257 | 0.04 | 0.29 | (0.28) | (0.64) | (0.92) | 9.09 | 4.06 | 0.61 | 0.26 | 2.747 | 11 | 41 | ||||||
08-31-2018 | 10.11 | 0.247 | 0.22 | 0.46 | (0.26) | (0.59) | (0.85) | 9.72 | 4.62 | 0.56 | 0.26 | 2.457 | 65 | 17 | ||||||
08-31-2017 | 10.00 | 0.257 | 0.59 | 0.84 | (0.26) | (0.47) | (0.73) | 10.11 | 9.04 | 0.52 | 0.25 | 2.547 | 95 | 38 | ||||||
08-31-2016 | 10.23 | 0.267 | 0.39 | 0.65 | (0.27) | (0.61) | (0.88) | 10.00 | 6.85 | 0.49 | 0.25 | 2.637 | 109 | 19 | ||||||
08-31-2015 | 11.34 | 0.267 | (0.58) | (0.32) | (0.26) | (0.53) | (0.79) | 10.23 | (2.98) | 1.51 | 0.25 | 2.437 | 182 | 16 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 9.12 | 0.167 | 0.07 | 0.23 | (0.27) | (0.58) | (0.85) | 8.50 | 2.248 | 0.369 | 0.069 | 3.517, 9 | 289 | 30 | ||||||
08-31-2019 | 9.75 | 0.287 | 0.03 | 0.31 | (0.30) | (0.64) | (0.94) | 9.12 | 4.27 | 0.31 | 0.07 | 2.977 | 323 | 41 | ||||||
08-31-2018 | 10.14 | 0.267 | 0.22 | 0.48 | (0.28) | (0.59) | (0.87) | 9.75 | 4.81 | 0.26 | 0.06 | 2.667 | 1,206 | 17 | ||||||
08-31-2017 | 10.02 | 0.267 | 0.61 | 0.87 | (0.28) | (0.47) | (0.75) | 10.14 | 9.34 | 0.22 | 0.05 | 2.617 | 1,292 | 38 | ||||||
08-31-2016 | 10.26 | 0.307 | 0.36 | 0.66 | (0.29) | (0.61) | (0.90) | 10.02 | 6.96 | 0.20 | 0.05 | 2.787 | 1,442 | 19 | ||||||
08-31-2015 | 11.37 | 0.287 | (0.58) | (0.30) | (0.28) | (0.53) | (0.81) | 10.26 | (2.77) | 0.36 | 0.05 | 2.627 | 1,767 | 16 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 9.12 | 0.167 | 0.07 | 0.23 | (0.27) | (0.58) | (0.85) | 8.50 | 2.308 | 0.319 | —9 | 3.507, 9 | 11,123 | 30 | ||||||
08-31-2019 | 9.76 | 0.267 | 0.04 | 0.30 | (0.30) | (0.64) | (0.94) | 9.12 | 4.23 | 0.26 | — | 2.937 | 11,764 | 41 | ||||||
08-31-2018 | 10.14 | 0.247 | 0.25 | 0.49 | (0.28) | (0.59) | (0.87) | 9.76 | 4.96 | 0.21 | — | 2.497 | 7,076 | 17 | ||||||
08-31-2017 | 10.03 | 0.237 | 0.64 | 0.87 | (0.29) | (0.47) | (0.76) | 10.14 | 9.29 | 0.17 | — | 2.397 | 3,109 | 38 | ||||||
08-31-2016 | 10.26 | 0.267 | 0.41 | 0.67 | (0.29) | (0.61) | (0.90) | 10.03 | 7.11 | 0.15 | — | 3.107 | 830 | 19 | ||||||
08-31-2015 | 11.37 | 0.317 | (0.60) | (0.29) | (0.29) | (0.53) | (0.82) | 10.26 | (2.72) | 0.89 | — | 2.887 | 394 | 16 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 63 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 9.12 | 0.157 | 0.08 | 0.23 | (0.27) | (0.58) | (0.85) | 8.50 | 2.258 | 0.349 | 0.059 | 3.377, 9 | 164,528 | 30 | ||||||
08-31-2019 | 9.75 | 0.277 | 0.04 | 0.31 | (0.30) | (0.64) | (0.94) | 9.12 | 4.28 | 0.30 | 0.05 | 2.987 | 192,409 | 41 | ||||||
08-31-2018 | 10.14 | 0.267 | 0.22 | 0.48 | (0.28) | (0.59) | (0.87) | 9.75 | 4.81 | 0.24 | 0.05 | 2.627 | 253,242 | 17 | ||||||
08-31-2017 | 10.02 | 0.277 | 0.60 | 0.87 | (0.28) | (0.47) | (0.75) | 10.14 | 9.34 | 0.21 | 0.05 | 2.707 | 324,331 | 38 | ||||||
08-31-2016 | 10.26 | 0.297 | 0.37 | 0.66 | (0.29) | (0.61) | (0.90) | 10.02 | 6.96 | 0.18 | 0.05 | 2.797 | 410,447 | 19 | ||||||
08-31-2015 | 11.37 | 0.297 | (0.59) | (0.30) | (0.28) | (0.53) | (0.81) | 10.26 | (2.77) | 0.16 | 0.05 | 2.697 | 486,633 | 16 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.00, $0.02, $0.02, $0.02, $0.02 and $0.01 per share and 0.05%, 0.16%, 0.21%, 0.22%, 0.15% and 0.12% for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
64 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class A | ||||||||||||||||||||
02-29-20206 | 8.86 | 0.147 | 0.06 | 0.20 | (0.24) | (0.42) | (0.66) | 8.40 | 2.068 | 0.779 | 0.429 | 3.087, 9 | 43,924 | 34 | ||||||
08-31-2019 | 9.25 | 0.237 | 0.11 | 0.34 | (0.26) | (0.47) | (0.73) | 8.86 | 4.50 | 0.70 | 0.41 | 2.687 | 45,444 | 48 | ||||||
08-31-2018 | 9.54 | 0.227 | 0.12 | 0.34 | (0.23) | (0.40) | (0.63) | 9.25 | 3.65 | 0.64 | 0.41 | 2.367 | 46,288 | 20 | ||||||
08-31-2017 | 9.49 | 0.227 | 0.46 | 0.68 | (0.24) | (0.39) | (0.63) | 9.54 | 7.71 | 0.61 | 0.42 | 2.387 | 47,800 | 39 | ||||||
08-31-2016 | 9.59 | 0.247 | 0.36 | 0.60 | (0.26) | (0.44) | (0.70) | 9.49 | 6.63 | 0.59 | 0.43 | 2.557 | 42,691 | 20 | ||||||
08-31-2015 | 10.57 | 0.257 | (0.55) | (0.30) | (0.25) | (0.43) | (0.68) | 9.59 | (2.97) | 0.57 | 0.44 | 2.507 | 41,187 | 16 | ||||||
Class I | ||||||||||||||||||||
02-29-20206 | 8.87 | 0.157 | 0.05 | 0.20 | (0.26) | (0.42) | (0.68) | 8.39 | 2.128 | 0.479 | 0.129 | 3.357, 9 | 237 | 34 | ||||||
08-31-2019 | 9.25 | 0.277 | 0.11 | 0.38 | (0.29) | (0.47) | (0.76) | 8.87 | 4.98 | 0.42 | 0.13 | 3.037 | 133 | 48 | ||||||
08-31-2018 | 9.55 | 0.247 | 0.12 | 0.36 | (0.26) | (0.40) | (0.66) | 9.25 | 3.84 | 0.35 | 0.11 | 2.577 | 158 | 20 | ||||||
08-31-2017 | 9.49 | 0.237 | 0.49 | 0.72 | (0.27) | (0.39) | (0.66) | 9.55 | 8.17 | 0.30 | 0.11 | 2.517 | 202 | 39 | ||||||
08-31-2016 | 9.60 | 0.277 | 0.35 | 0.62 | (0.29) | (0.44) | (0.73) | 9.49 | 6.87 | 0.27 | 0.11 | 2.917 | 96 | 20 | ||||||
08-31-201510 | 9.88 | 0.077 | (0.35) | (0.28) | — | — | — | 9.60 | (2.83)8 | 0.269 | 0.119 | 1.617, 9 | 97 | 1611 | ||||||
Class R1 | ||||||||||||||||||||
02-29-20206 | 8.82 | 0.137 | 0.06 | 0.19 | (0.22) | (0.42) | (0.64) | 8.37 | 1.998 | 0.979 | 0.639 | 2.887, 9 | 301 | 34 | ||||||
08-31-2019 | 9.20 | 0.247 | 0.09 | 0.33 | (0.24) | (0.47) | (0.71) | 8.82 | 4.37 | 0.94 | 0.65 | 2.747 | 300 | 48 | ||||||
08-31-2018 | 9.50 | 0.197 | 0.12 | 0.31 | (0.21) | (0.40) | (0.61) | 9.20 | 3.25 | 0.89 | 0.65 | 2.097 | 528 | 20 | ||||||
08-31-2017 | 9.44 | 0.187 | 0.49 | 0.67 | (0.22) | (0.39) | (0.61) | 9.50 | 7.53 | 0.89 | 0.70 | 1.937 | 653 | 39 | ||||||
08-31-2016 | 9.55 | 0.217 | 0.35 | 0.56 | (0.23) | (0.44) | (0.67) | 9.44 | 6.20 | 0.88 | 0.71 | 2.267 | 486 | 20 | ||||||
08-31-2015 | 10.53 | 0.227 | (0.55) | (0.33) | (0.22) | (0.43) | (0.65) | 9.55 | (3.24) | 1.39 | 0.75 | 2.177 | 531 | 16 | ||||||
Class R2 | ||||||||||||||||||||
02-29-20206 | 8.85 | 0.137 | 0.06 | 0.19 | (0.23) | (0.42) | (0.65) | 8.39 | 1.998 | 0.849 | 0.499 | 3.017, 9 | 462 | 34 | ||||||
08-31-2019 | 9.23 | 0.227 | 0.12 | 0.34 | (0.25) | (0.47) | (0.72) | 8.85 | 4.51 | 0.80 | 0.51 | 2.577 | 491 | 48 | ||||||
08-31-2018 | 9.53 | 0.217 | 0.11 | 0.32 | (0.22) | (0.40) | (0.62) | 9.23 | 3.45 | 0.75 | 0.51 | 2.217 | 452 | 20 | ||||||
08-31-2017 | 9.47 | 0.167 | 0.53 | 0.69 | (0.24) | (0.39) | (0.63) | 9.53 | 7.75 | 0.67 | 0.48 | 1.717 | 522 | 39 | ||||||
08-31-2016 | 9.59 | 0.597 | (0.02) | 0.57 | (0.25) | (0.44) | (0.69) | 9.47 | 6.33 | 0.71 | 0.50 | 4.187 | 70 | 20 | ||||||
08-31-2015 | 10.57 | 0.257 | (0.55) | (0.30) | (0.25) | (0.43) | (0.68) | 9.59 | (2.97) | 1.22 | 0.50 | 2.497 | 561 | 16 | ||||||
Class R3 | ||||||||||||||||||||
02-29-20206 | 8.82 | 0.137 | 0.06 | 0.19 | (0.22) | (0.42) | (0.64) | 8.37 | 1.978 | 1.009 | 0.659 | 2.897, 9 | 119 | 34 | ||||||
08-31-2019 | 9.21 | 0.227 | 0.09 | 0.31 | (0.23) | (0.47) | (0.70) | 8.82 | 4.23 | 0.95 | 0.66 | 2.567 | 120 | 48 | ||||||
08-31-2018 | 9.51 | 0.197 | 0.12 | 0.31 | (0.21) | (0.40) | (0.61) | 9.21 | 3.30 | 0.90 | 0.66 | 2.037 | 151 | 20 | ||||||
08-31-2017 | 9.45 | 0.227 | 0.45 | 0.67 | (0.22) | (0.39) | (0.61) | 9.51 | 7.60 | 0.85 | 0.65 | 2.367 | 254 | 39 | ||||||
08-31-2016 | 9.56 | 0.327 | 0.25 | 0.57 | (0.24) | (0.44) | (0.68) | 9.45 | 6.30 | 0.83 | 0.65 | 3.017 | 598 | 20 | ||||||
08-31-2015 | 10.55 | 0.237 | (0.56) | (0.33) | (0.23) | (0.43) | (0.66) | 9.56 | (3.23) | 1.01 | 0.65 | 2.277 | 1,183 | 16 | ||||||
Class R4 | ||||||||||||||||||||
02-29-20206 | 8.86 | 0.147 | 0.06 | 0.20 | (0.25) | (0.42) | (0.67) | 8.39 | 2.128 | 0.719 | 0.269 | 3.177, 9 | 47 | 34 | ||||||
08-31-2019 | 9.24 | 0.247 | 0.12 | 0.36 | (0.27) | (0.47) | (0.74) | 8.86 | 4.79 | 0.65 | 0.26 | 2.787 | 89 | 48 | ||||||
08-31-2018 | 9.54 | 0.257 | 0.10 | 0.35 | (0.25) | (0.40) | (0.65) | 9.24 | 3.70 | 0.57 | 0.23 | 2.677 | 73 | 20 | ||||||
08-31-2017 | 9.48 | 0.257 | 0.46 | 0.71 | (0.26) | (0.39) | (0.65) | 9.54 | 8.03 | 0.56 | 0.25 | 2.717 | 247 | 39 | ||||||
08-31-2016 | 9.59 | 0.247 | 0.37 | 0.61 | (0.28) | (0.44) | (0.72) | 9.48 | 6.73 | 0.53 | 0.25 | 2.657 | 980 | 20 | ||||||
08-31-2015 | 10.58 | 0.257 | (0.54) | (0.29) | (0.27) | (0.43) | (0.70) | 9.59 | (2.82) | 0.85 | 0.24 | 2.477 | 879 | 16 | ||||||
Class R5 | ||||||||||||||||||||
02-29-20206 | 8.87 | 0.167 | 0.05 | 0.21 | (0.27) | (0.42) | (0.69) | 8.39 | 2.208 | 0.419 | 0.069 | 3.637, 9 | 23 | 34 | ||||||
08-31-2019 | 9.25 | 0.287 | 0.10 | 0.38 | (0.29) | (0.47) | (0.76) | 8.87 | 5.03 | 0.35 | 0.06 | 3.217 | 34 | 48 | ||||||
08-31-2018 | 9.55 | 0.317 | 0.06 | 0.37 | (0.27) | (0.40) | (0.67) | 9.25 | 3.90 | 0.30 | 0.05 | 3.207 | 43 | 20 | ||||||
08-31-2017 | 9.50 | 0.257 | 0.47 | 0.72 | (0.28) | (0.39) | (0.67) | 9.55 | 8.13 | 0.25 | 0.05 | 2.747 | 364 | 39 | ||||||
08-31-2016 | 9.61 | 0.307 | 0.33 | 0.63 | (0.30) | (0.44) | (0.74) | 9.50 | 6.95 | 0.23 | 0.05 | 3.077 | 266 | 20 | ||||||
08-31-2015 | 10.59 | 0.307 | (0.56) | (0.26) | (0.29) | (0.43) | (0.72) | 9.61 | (2.52) | 1.20 | 0.04 | 2.957 | 233 | 16 | ||||||
Class R6 | ||||||||||||||||||||
02-29-20206 | 8.88 | 0.157 | 0.05 | 0.20 | (0.27) | (0.42) | (0.69) | 8.39 | 2.138 | 0.369 | —9 | 3.497, 9 | 7,767 | 34 | ||||||
08-31-2019 | 9.26 | 0.267 | 0.13 | 0.39 | (0.30) | (0.47) | (0.77) | 8.88 | 5.09 | 0.30 | — | 2.977 | 8,356 | 48 | ||||||
08-31-2018 | 9.56 | 0.257 | 0.12 | 0.37 | (0.27) | (0.40) | (0.67) | 9.26 | 3.95 | 0.25 | — | 2.697 | 3,754 | 20 | ||||||
08-31-2017 | 9.50 | 0.227 | 0.51 | 0.73 | (0.28) | (0.39) | (0.67) | 9.56 | 8.29 | 0.20 | — | 2.407 | 2,044 | 39 | ||||||
08-31-2016 | 9.61 | 0.627 | 0.01 | 0.63 | (0.30) | (0.44) | (0.74) | 9.50 | 7.01 | 0.18 | — | 4.337 | 67 | 20 | ||||||
08-31-2015 | 10.60 | 0.317 | (0.57) | (0.26) | (0.30) | (0.43) | (0.73) | 9.61 | (2.56) | 1.04 | — | 3.067 | 171 | 16 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 65 |
Financial highlights continued |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1, 2 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)3, 4 | Expenses before reductions (%)5 | Expenses including reductions (%)5 | Net investment income (loss) (%)2 | Net assets, end of period (in thousands) | Portfolio turnover (%) | ||||||
Class 1 | ||||||||||||||||||||
02-29-20206 | 8.87 | 0.157 | 0.06 | 0.21 | (0.27) | (0.42) | (0.69) | 8.39 | 2.208 | 0.409 | 0.059 | 3.417, 9 | 123,909 | 34 | ||||||
08-31-2019 | 9.26 | 0.277 | 0.10 | 0.37 | (0.29) | (0.47) | (0.76) | 8.87 | 4.92 | 0.34 | 0.05 | 3.077 | 134,078 | 48 | ||||||
08-31-2018 | 9.56 | 0.257 | 0.12 | 0.37 | (0.27) | (0.40) | (0.67) | 9.26 | 3.90 | 0.29 | 0.05 | 2.727 | 161,261 | 20 | ||||||
08-31-2017 | 9.50 | 0.267 | 0.47 | 0.73 | (0.28) | (0.39) | (0.67) | 9.56 | 8.24 | 0.24 | 0.05 | 2.837 | 193,321 | 39 | ||||||
08-31-2016 | 9.61 | 0.297 | 0.34 | 0.63 | (0.30) | (0.44) | (0.74) | 9.50 | 6.95 | 0.21 | 0.05 | 2.967 | 233,197 | 20 | ||||||
08-31-2015 | 10.60 | 0.307 | (0.57) | (0.27) | (0.29) | (0.43) | (0.72) | 9.61 | (2.61) | 0.17 | 0.05 | 2.967 | 268,891 | 16 |
1 Based on average daily shares outstanding. |
2 Net investment income is affected by the timing and frequency of the declaration of dividends by the underlying funds in which the portfolio invests. Accordingly, a significant portion of income is recorded in December. |
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 Does not reflect the effect of sales charges, if any. |
5 Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the portfolio. |
6 Six months ended 2-29-20. Unaudited. |
7 Net investment income (loss) per share and net investment income (loss) ratio reflect other income received from the Advisor for reimbursement of indirect net expenses associated with the portfolio's investments in underlying investment companies of $0.00, $0.02, $0.02, $0.02, $0.02 and $0.01 per share and 0.05%, 0.17%, 0.23%, 0.24%, 0.17% and 0.14% for the periods ended 2-29-20, 8-31-19, 8-31-18, 8-31-17, 8-31-16 and 8-31-15, respectively. |
8 Not annualized. |
9 Annualized. |
10 The inception date for Class I shares is 3-27-15. |
11 Portfolio turnover is shown for the period from 9-1-14 to 8-31-15. |
66 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Notes to financial statements (unaudited) |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multimanager 2060 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 67 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multimanager 2060 Lifetime Portfolio (continued) | ||||
Affiliated investment companies | $93,698,737 | $93,698,737 | — | — |
Unaffiliated investment companies | 4,028,360 | 4,028,360 | — | — |
Common stocks | 1,678 | — | — | $1,678 |
U.S. Government and Agency obligations | 2,554,643 | — | $2,554,643 | — |
Short-term investments | 128,400 | 128,400 | — | — |
Total investments in securities | $100,411,818 | $97,855,497 | $2,554,643 | $1,678 |
Multimanager 2055 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $205,185,287 | $205,185,287 | — | — |
Unaffiliated investment companies | 8,751,263 | 8,751,263 | — | — |
Common stocks | 4,763 | — | — | $4,763 |
U.S. Government and Agency obligations | 5,732,858 | — | $5,732,858 | — |
Short-term investments | 289,567 | 289,567 | — | — |
Total investments in securities | $219,963,738 | $214,226,117 | $5,732,858 | $4,763 |
Multimanager 2050 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $379,628,059 | $379,628,059 | — | — |
Unaffiliated investment companies | 16,222,835 | 16,222,835 | — | — |
Common stocks | 9,656 | — | — | $9,656 |
U.S. Government and Agency obligations | 10,682,084 | — | $10,682,084 | — |
Short-term investments | 500,220 | 500,220 | — | — |
Total investments in securities | $407,042,854 | $396,351,114 | $10,682,084 | $9,656 |
Multimanager 2045 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $667,693,593 | $667,693,593 | — | — |
Unaffiliated investment companies | 28,423,317 | 28,423,317 | — | — |
Common stocks | 17,903 | — | — | $17,903 |
U.S. Government and Agency obligations | 18,956,407 | — | $18,956,407 | — |
Short-term investments | 1,205,831 | 1,205,831 | — | — |
Total investments in securities | $716,297,051 | $697,322,741 | $18,956,407 | $17,903 |
Multimanager 2040 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $732,103,906 | $732,103,906 | — | — |
Unaffiliated investment companies | 34,057,500 | 34,057,500 | — | — |
Common stocks | 19,668 | — | — | $19,668 |
U.S. Government and Agency obligations | 33,101,758 | — | $33,101,758 | — |
Short-term investments | 1,204,510 | 1,204,510 | — | — |
Total investments in securities | $800,487,342 | $767,365,916 | $33,101,758 | $19,668 |
Multimanager 2035 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets |
68 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multimanager 2035 Lifetime Portfolio (continued) | ||||
Affiliated investment companies | $902,530,750 | $902,530,750 | — | — |
Unaffiliated investment companies | 38,666,530 | 38,666,530 | — | — |
Common stocks | 20,892 | — | — | $20,892 |
U.S. Government and Agency obligations | 53,716,878 | — | $53,716,878 | — |
Short-term investments | 1,360,725 | 1,360,725 | — | — |
Total investments in securities | $996,295,775 | $942,558,005 | $53,716,878 | $20,892 |
Multimanager 2030 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $1,054,550,014 | $1,054,550,014 | — | — |
Unaffiliated investment companies | 39,254,660 | 39,254,660 | — | — |
Common stocks | 23,478 | — | — | $23,478 |
U.S. Government and Agency obligations | 77,961,196 | — | $77,961,196 | — |
Short-term investments | 1,728,453 | 1,728,453 | — | — |
Total investments in securities | $1,173,517,801 | $1,095,533,127 | $77,961,196 | $23,478 |
Multimanager 2025 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $1,037,448,657 | $1,037,448,657 | — | — |
Unaffiliated investment companies | 33,080,717 | 33,080,717 | — | — |
Common stocks | 16,986 | — | — | $16,986 |
U.S. Government and Agency obligations | 93,088,552 | — | $93,088,552 | — |
Short-term investments | 1,703,783 | 1,703,783 | — | — |
Total investments in securities | $1,165,338,695 | $1,072,233,157 | $93,088,552 | $16,986 |
Multimanager 2020 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $668,779,553 | $668,779,553 | — | — |
Unaffiliated investment companies | 15,974,493 | 15,974,493 | — | — |
Common stocks | 7,884 | — | — | $7,884 |
U.S. Government and Agency obligations | 62,185,614 | — | $62,185,614 | — |
Short-term investments | 1,258,855 | 1,258,855 | — | — |
Total investments in securities | $748,206,399 | $686,012,901 | $62,185,614 | $7,884 |
Multimanager 2015 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets | ||||
Affiliated investment companies | $243,419,635 | $243,419,635 | — | — |
Unaffiliated investment companies | 4,843,918 | 4,843,918 | — | — |
Common stocks | 2,346 | — | — | $2,346 |
U.S. Government and Agency obligations | 22,695,958 | — | $22,695,958 | — |
Short-term investments | 374,168 | 374,168 | — | — |
Total investments in securities | $271,336,025 | $248,637,721 | $22,695,958 | $2,346 |
Multimanager 2010 Lifetime Portfolio | ||||
Investments in securities: | ||||
Assets |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 69 |
Total value at 2-29-20 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Multimanager 2010 Lifetime Portfolio (continued) | ||||
Affiliated investment companies | $159,468,600 | $159,468,600 | — | — |
Unaffiliated investment companies | 2,564,956 | 2,564,956 | — | — |
Common stocks | 1,125 | — | — | $1,125 |
U.S. Government and Agency obligations | 14,470,678 | — | $14,470,678 | — |
Short-term investments | 227,081 | 227,081 | — | — |
Total investments in securities | $176,732,440 | $162,260,637 | $14,470,678 | $1,125 |
Portfolio | Commitment fee |
Multimanager 2060 Lifetime Portfolio | $1,117 |
Multimanager 2055 Lifetime Portfolio | 1,263 |
Multimanager 2050 Lifetime Portfolio | 1,502 |
Multimanager 2045 Lifetime Portfolio | 1,904 |
Multimanager 2040 Lifetime Portfolio | 2,002 |
Multimanager 2035 Lifetime Portfolio | 2,233 |
Multimanager 2030 Lifetime Portfolio | 2,466 |
Multimanager 2025 Lifetime Portfolio | 2,497 |
Multimanager 2020 Lifetime Portfolio | 2,020 |
Multimanager 2015 Lifetime Portfolio | 1,389 |
Multimanager 2010 Lifetime Portfolio | 1,258 |
70 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Portfolio | Aggregate cost | Unrealized appreciation | Unrealized (depreciation) | Net unrealized appreciation/ (depreciation) |
Multimanager 2060 Lifetime Portfolio | $107,418,530 | $595,891 | $(7,602,603) | $(7,006,712) |
Multimanager 2055 Lifetime Portfolio | 234,909,927 | 2,718,806 | (17,664,995) | (14,946,189) |
Multimanager 2050 Lifetime Portfolio | 422,152,447 | 7,574,218 | (22,683,811) | (15,109,593) |
Multimanager 2045 Lifetime Portfolio | 677,223,616 | 47,999,948 | (8,926,513) | 39,073,435 |
Multimanager 2040 Lifetime Portfolio | 756,670,725 | 54,328,179 | (10,511,562) | 43,816,617 |
Multimanager 2035 Lifetime Portfolio | 940,620,309 | 68,137,467 | (12,462,001) | 55,675,466 |
Multimanager 2030 Lifetime Portfolio | 1,100,619,612 | 86,394,332 | (13,496,143) | 72,898,189 |
Multimanager 2025 Lifetime Portfolio | 1,099,725,477 | 80,046,656 | (14,433,438) | 65,613,218 |
Multimanager 2020 Lifetime Portfolio | 712,110,405 | 45,138,115 | (9,042,121) | 36,095,994 |
Multimanager 2015 Lifetime Portfolio | 259,590,241 | 14,960,469 | (3,214,685) | 11,745,784 |
Multimanager 2010 Lifetime Portfolio | 171,808,250 | 6,884,074 | (1,959,884) | 4,924,190 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 71 |
First $7.5 billion of aggregate net assets | Excess over $7.5 billion of aggregate net assets | |
Assets in a fund of the Trust or JHF III | 0.060% | 0.050% |
Other assets | 0.510% | 0.500% |
Portfolio | Expense limitation as a percentage of average net assets |
Multimanager 2060 Lifetime Portfolio | 0.58% |
Multimanager 2055 Lifetime Portfolio | 0.59% |
Multimanager 2050 Lifetime Portfolio | 0.60% |
Multimanager 2045 Lifetime Portfolio | 0.58% |
Multimanager 2040 Lifetime Portfolio | 0.58% |
Multimanager 2035 Lifetime Portfolio | 0.59% |
Portfolio | Expense limitation as a percentage of average net assets |
Multimanager 2030 Lifetime Portfolio | 0.57% |
Multimanager 2025 Lifetime Portfolio | 0.56% |
Multimanager 2020 Lifetime Portfolio | 0.54% |
Multimanager 2015 Lifetime Portfolio | 0.52% |
Multimanager 2010 Lifetime Portfolio | 0.50% |
Expense reimbursement by class | ||||||||||
Portfolio | Class A | Class I | Class R1 | Class R2 | Class R3 | Class R4 | Class R5 | Class R6 | Class 1 | Total |
Multimanager 2060 Lifetime Portfolio | $5,575 | $98 | $103 | $215 | $387 | $121 | $366 | $4,123 | $184,808 | $195,796 |
Multimanager 2055 Lifetime Portfolio | 21,826 | 81 | 83 | 908 | 185 | 61 | 165 | 9,612 | 270,308 | 303,229 |
Multimanager 2050 Lifetime Portfolio | 66,019 | 68 | 1,682 | 1,361 | 1,210 | 986 | 44 | 20,158 | 377,136 | 468,664 |
Multimanager 2045 Lifetime Portfolio | 112,298 | 207 | 1,671 | 2,706 | 1,087 | 151 | 1,587 | 32,094 | 604,040 | 755,841 |
Multimanager 2040 Lifetime Portfolio | 138,423 | 337 | 2,631 | 1,037 | 1,302 | 243 | 217 | 32,722 | 663,574 | 840,486 |
Multimanager 2035 Lifetime Portfolio | 158,625 | 7 | 4,231 | 2,502 | 2,130 | 97 | 346 | 36,739 | 833,937 | 1,038,614 |
Multimanager 2030 Lifetime Portfolio | 198,389 | 879 | 3,842 | 2,926 | 1,710 | 520 | 1,070 | 45,450 | 990,189 | 1,244,975 |
Multimanager 2025 Lifetime Portfolio | 202,336 | 1,508 | 4,054 | 4,931 | 2,862 | 789 | 1,471 | 45,357 | 1,043,955 | 1,307,263 |
Multimanager 2020 Lifetime Portfolio | 212,787 | 198 | 5,618 | 1,219 | 2,200 | 262 | 4,420 | 36,009 | 686,505 | 949,218 |
Multimanager 2015 Lifetime Portfolio | 138,087 | 1,150 | 2,239 | 52 | 3,367 | 16 | 479 | 17,980 | 266,185 | 429,555 |
Multimanager 2010 Lifetime Portfolio | 79,377 | 378 | 531 | 799 | 213 | 92 | 55 | 14,101 | 223,000 | 318,546 |
Portfolio | Net Annual Effective Rate |
Multimanager 2060 Lifetime Portfolio | 0.00% |
Portfolio | Net Annual Effective Rate |
Multimanager 2055 Lifetime Portfolio | 0.00% |
72 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Portfolio | Net Annual Effective Rate |
Multimanager 2050 Lifetime Portfolio | 0.00% |
Multimanager 2045 Lifetime Portfolio | 0.00% |
Multimanager 2040 Lifetime Portfolio | 0.00% |
Multimanager 2035 Lifetime Portfolio | 0.00% |
Multimanager 2030 Lifetime Portfolio | 0.00% |
Portfolio | Net Annual Effective Rate |
Multimanager 2025 Lifetime Portfolio | 0.00% |
Multimanager 2020 Lifetime Portfolio | 0.00% |
Multimanager 2015 Lifetime Portfolio | 0.00% |
Multimanager 2010 Lifetime Portfolio | 0.00% |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.30% | — |
Class R1 | 0.50% | 0.25% |
Class R2 | 0.25% | 0.25% |
Class R3 | 0.50% | 0.15% |
Class R4 | 0.25% | 0.10% |
Class R5 | — | 0.05% |
Class 1 | 0.05% | — |
Portfolio | Class R4 |
Multimanager 2060 Lifetime Portfolio | $30 |
Multimanager 2055 Lifetime Portfolio | 23 |
Multimanager 2050 Lifetime Portfolio | 449 |
Multimanager 2045 Lifetime Portfolio | 77 |
Multimanager 2040 Lifetime Portfolio | 122 |
Multimanager 2035 Lifetime Portfolio | 48 |
Portfolio | Class R4 |
Multimanager 2030 Lifetime Portfolio | $253 |
Multimanager 2025 Lifetime Portfolio | 368 |
Multimanager 2020 Lifetime Portfolio | 110 |
Multimanager 2015 Lifetime Portfolio | 5 |
Multimanager 2010 Lifetime Portfolio | 27 |
Multimanager 2060 Lifetime Portfolio | Multimanager 2055 Lifetime Portfolio | Multimanager 2050 Lifetime Portfolio | Multimanager 2045 Lifetime Portfolio | Multimanager 2040 Lifetime Portfolio | Multimanager 2035 Lifetime Portfolio | Multimanager 2030 Lifetime Portfolio | Multimanager 2025 Lifetime Portfolio | Multimanager 2020 Lifetime Portfolio | Multimanager 2015 Lifetime Portfolio | Multimanager 2010 Lifetime Portfolio | |
Total sales charges | $2,227 | $2,058 | $12,690 | $13,840 | $3,692 | $11,522 | $13,493 | $8,503 | $4,695 | $2,252 | $746 |
Retained for printing prospectus, advertising and sales literature | 357 | 328 | 1,937 | 1,970 | 262 | 1,773 | 1,826 | 1,211 | 663 | 301 | 91 |
Sales commission to unrelated broker-dealers | 1,870 | 1,730 | 10,753 | 11,870 | 3,430 | 9,749 | 11,667 | 7,292 | 4,032 | 1,951 | 655 |
Portfolio | Class A |
Multimanager 2050 Lifetime Portfolio | $ 92 |
Multimanager 2035 Lifetime Portfolio | 28 |
Multimanager 2030 Lifetime Portfolio | 20 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 73 |
Portfolio | Class A |
Multimanager 2025 Lifetime Portfolio | $5 |
Portfolio | Class | Distribution and service fees | Transfer agent fees |
Multimanager 2060 Lifetime Portfolio | Class A | $4,115 | $1,683 |
Class I | — | 30 | |
Class R1 | 127 | 3 | |
Class R2 | 194 | 7 | |
Class R3 | 578 | 13 | |
Class R4 | 75 | 4 | |
Class R5 | 45 | 12 | |
Class R6 | — | 129 | |
Class 1 | 22,817 | — | |
Total | $27,951 | $1,881 | |
Multimanager 2055 Lifetime Portfolio | Class A | $24,099 | $9,870 |
Class I | — | 37 | |
Class R1 | 147 | 4 | |
Class R2 | 1,636 | 44 | |
Class R3 | 440 | 9 | |
Class R4 | 57 | 3 | |
Class R5 | 30 | 8 | |
Class R6 | — | 442 | |
Class 1 | 49,901 | — | |
Total | $76,310 | $10,417 | |
Multimanager 2050 Lifetime Portfolio | Class A | $90,064 | $36,913 |
Class I | — | 38 | |
Class R1 | 5,705 | 100 | |
Class R2 | 2,998 | 82 | |
Class R3 | 3,532 | 73 | |
Class R4 | 1,551 | 59 | |
Class R5 | 9 | 3 | |
Class R6 | — | 1,136 | |
Class 1 | 85,898 | — | |
Total | $189,757 | $38,404 | |
Multimanager 2045 Lifetime Portfolio | Class A | $169,588 | $69,519 |
Class I | — | 128 | |
Class R1 | 6,037 | 110 | |
Class R2 | 6,755 | 179 | |
Class R3 | 3,496 | 72 | |
Class R4 | 264 | 10 | |
Class R5 | 387 | 105 | |
Class R6 | — | 1,994 | |
Class 1 | 152,450 | — | |
Total | $338,977 | $72,117 |
74 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Portfolio | Class | Distribution and service fees | Transfer agent fees |
Multimanager 2040 Lifetime Portfolio | Class A | $208,473 | $85,443 |
Class I | — | 210 | |
Class R1 | 9,649 | 173 | |
Class R2 | 2,486 | 69 | |
Class R3 | 4,129 | 86 | |
Class R4 | 427 | 16 | |
Class R5 | 54 | 14 | |
Class R6 | — | 2,024 | |
Class 1 | 167,157 | — | |
Total | $392,375 | $88,035 | |
Multimanager 2035 Lifetime Portfolio | Class A | $237,998 | $97,563 |
Class I | — | 3 | |
Class R1 | 15,734 | 278 | |
Class R2 | 6,199 | 164 | |
Class R3 | 6,915 | 140 | |
Class R4 | 169 | 7 | |
Class R5 | 86 | 22 | |
Class R6 | — | 2,258 | |
Class 1 | 209,291 | — | |
Total | $476,392 | $100,435 | |
Multimanager 2030 Lifetime Portfolio | Class A | $290,744 | $119,194 |
Class I | — | 530 | |
Class R1 | 13,678 | 246 | |
Class R2 | 6,752 | 188 | |
Class R3 | 5,303 | 110 | |
Class R4 | 848 | 33 | |
Class R5 | 262 | 69 | |
Class R6 | — | 2,733 | |
Class 1 | 242,564 | — | |
Total | $560,151 | $123,103 | |
Multimanager 2025 Lifetime Portfolio | Class A | $283,250 | $116,144 |
Class I | — | 867 | |
Class R1 | 13,727 | 249 | |
Class R2 | 10,785 | 299 | |
Class R3 | 8,644 | 176 | |
Class R4 | 1,289 | 49 | |
Class R5 | 344 | 91 | |
Class R6 | — | 2,614 | |
Class 1 | 244,322 | — | |
Total | $562,361 | $120,489 | |
Multimanager 2020 Lifetime Portfolio | Class A | $265,550 | $108,898 |
Class I | — | 105 | |
Class R1 | 17,310 | 309 | |
Class R2 | 2,504 | 67 | |
Class R3 | 5,955 | 121 | |
Class R4 | 373 | 15 | |
Class R5 | 926 | 245 | |
Class R6 | — | 1,875 | |
Class 1 | 143,518 | — | |
Total | $436,136 | $111,635 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 75 |
Portfolio | Class | Distribution and service fees | Transfer agent fees |
Multimanager 2015 Lifetime Portfolio | Class A | $139,874 | $57,365 |
Class I | — | 476 | |
Class R1 | 5,664 | 99 | |
Class R2 | 87 | 2 | |
Class R3 | 7,279 | 151 | |
Class R4 | 19 | 1 | |
Class R5 | 81 | 22 | |
Class R6 | — | 769 | |
Class 1 | 45,238 | — | |
Total | $198,242 | $58,885 | |
Multimanager 2010 Lifetime Portfolio | Class A | $68,556 | $28,121 |
Class I | — | 132 | |
Class R1 | 937 | 20 | |
Class R2 | 1,106 | 30 | |
Class R3 | 394 | 8 | |
Class R4 | 93 | 4 | |
Class R5 | 8 | 2 | |
Class R6 | — | 515 | |
Class 1 | 32,210 | — | |
Total | $103,304 | $28,832 |
Multimanager 2060 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 188,767 | $2,323,456 | 119,100 | $1,406,304 |
Distributions reinvested | 13,812 | 170,164 | 8,997 | 93,564 |
Repurchased | (92,115) | (1,124,069) | (64,247) | (768,735) |
Net increase | 110,464 | $1,369,551 | 63,850 | $731,133 |
Class I shares | ||||
Sold | 28 | $349 | — | — |
Distributions reinvested | 2 | 22 | — | — |
Net increase | 30 | $371 | — | — |
Class R1 shares | ||||
Sold | 1,615 | $19,612 | — | — |
Repurchased | (225) | (2,834) | — | — |
Net increase | 1,390 | $16,778 | — | — |
Class R2 shares | ||||
Sold | 1,108 | $13,666 | 2,222 | $26,367 |
Distributions reinvested | 297 | 3,653 | 150 | 1,557 |
Repurchased | (38) | (479) | — | — |
Net increase | 1,367 | $16,840 | 2,372 | $27,924 |
Class R3 shares | ||||
Sold | 6,285 | $77,645 | 9,050 | $105,788 |
Distributions reinvested | 710 | 8,752 | — | — |
Repurchased | (1,762) | (22,365) | (66) | (787) |
Net increase | 5,233 | $64,032 | 8,984 | $105,001 |
76 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Multimanager 2060 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 621 | $7,946 | 361 | $4,195 |
Distributions reinvested | 75 | 929 | 33 | 341 |
Repurchased | (5) | (64) | (80) | (973) |
Net increase | 691 | $8,811 | 314 | $3,563 |
Class R5 shares | ||||
Sold | 4,007 | $50,647 | 9,057 | $106,321 |
Distributions reinvested | 1,070 | 13,186 | 795 | 8,273 |
Repurchased | (5,072) | (63,294) | (4,825) | (58,114) |
Net increase | 5 | $539 | 5,027 | $56,480 |
Class R6 shares | ||||
Sold | 83,893 | $1,044,264 | 123,304 | $1,468,395 |
Distributions reinvested | 10,335 | 127,425 | 10,839 | 112,831 |
Repurchased | (23,127) | (283,040) | (107,253) | (1,293,315) |
Net increase | 71,101 | $888,649 | 26,890 | $287,911 |
Class 1 shares | ||||
Sold | 1,548,916 | $19,132,260 | 2,927,687 | $34,726,479 |
Distributions reinvested | 479,614 | 5,913,640 | 355,880 | 3,704,710 |
Repurchased | (423,169) | (5,266,984) | (572,236) | (6,676,867) |
Net increase | 1,605,361 | $19,778,916 | 2,711,331 | $31,754,322 |
Total net increase | 1,795,642 | $22,144,487 | 2,818,768 | $32,966,334 |
Multimanager 2055 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 583,343 | $6,513,840 | 514,863 | $5,609,469 |
Distributions reinvested | 121,085 | 1,331,932 | 108,112 | 1,025,985 |
Repurchased | (300,194) | (3,344,125) | (282,478) | (3,082,289) |
Net increase | 404,234 | $4,501,647 | 340,497 | $3,553,165 |
Class I shares | ||||
Sold | 217 | $2,434 | 723 | $7,919 |
Distributions reinvested | 113 | 1,239 | 66 | 622 |
Repurchased | (10) | (120) | (11) | (120) |
Net increase | 320 | $3,553 | 778 | $8,421 |
Class R1 shares | ||||
Sold | 8,509 | $92,106 | — | — |
Repurchased | (9) | (97) | — | — |
Net increase | 8,500 | $92,009 | — | — |
Class R2 shares | ||||
Sold | 7,002 | $78,212 | 20,049 | $214,974 |
Distributions reinvested | 4,897 | 53,863 | 4,051 | 38,445 |
Repurchased | (765) | (8,780) | (4,227) | (47,001) |
Net increase | 11,134 | $123,295 | 19,873 | $206,418 |
Class R3 shares | ||||
Sold | 5,395 | $60,278 | 13,825 | $150,428 |
Distributions reinvested | 1,019 | 11,204 | 2,440 | 23,131 |
Repurchased | (1,540) | (17,492) | (23,829) | (242,869) |
Net increase (decrease) | 4,874 | $53,990 | (7,564) | $(69,310) |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 77 |
Multimanager 2055 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Distributions reinvested | — | — | 7 | $69 |
Repurchased | — | — | (71) | (772) |
Net decrease | — | — | (64) | $(703) |
Class R5 shares | ||||
Sold | 5,146 | $57,989 | 9,333 | $105,485 |
Distributions reinvested | 974 | 10,728 | 857 | 8,133 |
Repurchased | (1,038) | (11,619) | (19,423) | (230,648) |
Net increase (decrease) | 5,082 | $57,098 | (9,233) | $(117,030) |
Class R6 shares | ||||
Sold | 240,788 | $2,678,431 | 385,855 | $4,259,178 |
Distributions reinvested | 52,497 | 577,988 | 46,456 | 440,864 |
Repurchased | (60,883) | (679,323) | (199,782) | (2,200,630) |
Net increase | 232,402 | $2,577,096 | 232,529 | $2,499,412 |
Class 1 shares | ||||
Sold | 1,712,573 | $19,035,730 | 3,316,586 | $36,122,116 |
Distributions reinvested | 1,521,984 | 16,757,049 | 1,641,157 | 15,574,577 |
Repurchased | (1,213,859) | (13,597,420) | (1,747,642) | (18,890,980) |
Net increase | 2,020,698 | $22,195,359 | 3,210,101 | $32,805,713 |
Total net increase | 2,687,244 | $29,604,047 | 3,786,917 | $38,886,086 |
Multimanager 2050 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 954,375 | $11,494,790 | 1,025,122 | $12,041,248 |
Distributions reinvested | 454,042 | 5,334,995 | 507,296 | 5,179,489 |
Repurchased | (554,463) | (6,621,141) | (875,496) | (10,345,828) |
Net increase | 853,954 | $10,208,644 | 656,922 | $6,874,909 |
Class I shares | ||||
Sold | 396 | $4,742 | 8,632 | $105,738 |
Distributions reinvested | 137 | 1,615 | 113 | 1,151 |
Repurchased | — | — | (8,495) | (100,081) |
Net increase | 533 | $6,357 | 250 | $6,808 |
Class R1 shares | ||||
Sold | 42,291 | $494,245 | 38,648 | $457,041 |
Distributions reinvested | 7,094 | 83,281 | 8,539 | 87,097 |
Repurchased | (21,026) | (251,221) | (32,008) | (370,123) |
Net increase | 28,359 | $326,305 | 15,179 | $174,015 |
Class R2 shares | ||||
Sold | 13,082 | $155,717 | 58,672 | $682,998 |
Distributions reinvested | 8,305 | 97,669 | 9,011 | 91,997 |
Repurchased | (24,329) | (298,691) | (34,172) | (406,030) |
Net increase (decrease) | (2,942) | $(45,305) | 33,511 | $368,965 |
Class R3 shares | ||||
Sold | 10,888 | $130,073 | 55,665 | $658,219 |
Distributions reinvested | 8,065 | 94,678 | 11,794 | 120,299 |
Repurchased | (2,495) | (29,683) | (69,753) | (785,212) |
Net increase (decrease) | 16,458 | $195,068 | (2,294) | $(6,694) |
78 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Multimanager 2050 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R4 shares | ||||
Sold | 14,208 | $172,693 | 18,147 | $221,014 |
Distributions reinvested | 7,156 | 84,086 | 7,889 | 80,472 |
Repurchased | (6,894) | (81,872) | (9,477) | (110,656) |
Net increase | 14,470 | $174,907 | 16,559 | $190,830 |
Class R5 shares | ||||
Sold | 719 | $8,635 | 2,406 | $29,773 |
Distributions reinvested | 315 | 3,709 | 664 | 6,775 |
Repurchased | (16) | (190) | (20,945) | (270,621) |
Net increase (decrease) | 1,018 | $12,154 | (17,875) | $(234,073) |
Class R6 shares | ||||
Sold | 400,649 | $4,805,378 | 991,554 | $11,835,007 |
Distributions reinvested | 134,377 | 1,580,269 | 163,942 | 1,673,850 |
Repurchased | (176,929) | (2,114,499) | (473,700) | (5,559,250) |
Net increase | 358,097 | $4,271,148 | 681,796 | $7,949,607 |
Class 1 shares | ||||
Sold | 1,540,876 | $18,369,845 | 3,179,153 | $37,441,695 |
Distributions reinvested | 2,642,487 | 31,049,227 | 3,272,044 | 33,374,846 |
Repurchased | (2,411,690) | (28,984,608) | (3,759,690) | (44,318,312) |
Net increase | 1,771,673 | $20,434,464 | 2,691,507 | $26,498,229 |
Total net increase | 3,041,620 | $35,583,742 | 4,075,555 | $41,822,596 |
Multimanager 2045 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 1,417,665 | $15,438,927 | 1,429,107 | $15,433,890 |
Distributions reinvested | 1,170,669 | 12,338,856 | 1,201,654 | 11,271,334 |
Repurchased | (906,325) | (9,781,340) | (1,631,155) | (17,774,281) |
Net increase | 1,682,009 | $17,996,443 | 999,606 | $8,930,943 |
Class I shares | ||||
Sold | 3,589 | $38,339 | 20,098 | $216,750 |
Distributions reinvested | 1,605 | 16,995 | 386 | 3,636 |
Repurchased | (1,809) | (20,452) | (8,553) | (91,466) |
Net increase | 3,385 | $34,882 | 11,931 | $128,920 |
Class R1 shares | ||||
Sold | 42,188 | $444,789 | 41,937 | $443,727 |
Distributions reinvested | 12,814 | 134,808 | 14,204 | 132,949 |
Repurchased | (29,650) | (326,427) | (60,160) | (651,721) |
Net increase (decrease) | 25,352 | $253,170 | (4,019) | $(75,045) |
Class R2 shares | ||||
Sold | 23,599 | $254,960 | 53,421 | $577,891 |
Distributions reinvested | 26,788 | 283,683 | 26,181 | 246,622 |
Repurchased | (31,211) | (342,110) | (31,812) | (339,005) |
Net increase | 19,176 | $196,533 | 47,790 | $485,508 |
Class R3 shares | ||||
Sold | 15,492 | $169,783 | 50,852 | $549,153 |
Distributions reinvested | 11,573 | 121,869 | 13,308 | 124,698 |
Repurchased | (6,876) | (73,160) | (70,386) | (737,081) |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 79 |
Multimanager 2045 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net increase (decrease) | 20,189 | $218,492 | (6,226) | $(63,230) |
Class R4 shares | ||||
Sold | 1,258 | $13,776 | 2,417 | $26,462 |
Distributions reinvested | 1,442 | 15,224 | 1,840 | 17,277 |
Repurchased | (4,878) | (54,409) | (9,239) | (113,457) |
Net decrease | (2,178) | $(25,409) | (4,982) | $(69,718) |
Class R5 shares | ||||
Sold | 10,760 | $115,021 | 18,543 | $203,958 |
Distributions reinvested | 17,051 | 181,085 | 27,477 | 259,384 |
Repurchased | (1,396) | (14,606) | (126,922) | (1,401,850) |
Net increase (decrease) | 26,415 | $281,500 | (80,902) | $(938,508) |
Class R6 shares | ||||
Sold | 528,829 | $5,777,927 | 1,983,355 | $22,259,492 |
Distributions reinvested | 317,877 | 3,366,323 | 342,744 | 3,225,224 |
Repurchased | (389,367) | (4,236,151) | (645,883) | (6,928,590) |
Net increase | 457,339 | $4,908,099 | 1,680,216 | $18,556,126 |
Class 1 shares | ||||
Sold | 1,631,496 | $17,997,595 | 3,482,381 | $37,826,735 |
Distributions reinvested | 6,456,008 | 68,433,681 | 7,451,295 | 70,191,203 |
Repurchased | (5,587,223) | (61,193,789) | (8,912,202) | (98,023,219) |
Net increase | 2,500,281 | $25,237,487 | 2,021,474 | $9,994,719 |
Total net increase | 4,731,968 | $49,101,197 | 4,664,888 | $36,949,715 |
Multimanager 2040 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 1,727,867 | $19,152,811 | 1,806,797 | $19,827,018 |
Distributions reinvested | 1,332,640 | 14,365,855 | 1,382,181 | 13,213,650 |
Repurchased | (921,201) | (10,269,655) | (1,641,885) | (18,128,445) |
Net increase | 2,139,306 | $23,249,011 | 1,547,093 | $14,912,223 |
Class I shares | ||||
Sold | 16,256 | $186,127 | 23,197 | $257,018 |
Distributions reinvested | 4,210 | 45,642 | 740 | 7,114 |
Repurchased | (23,799) | (263,744) | (3,979) | (46,327) |
Net increase (decrease) | (3,333) | $(31,975) | 19,958 | $217,805 |
Class R1 shares | ||||
Sold | 72,431 | $778,570 | 46,841 | $511,590 |
Distributions reinvested | 20,153 | 216,844 | 21,844 | 208,613 |
Repurchased | (37,582) | (425,522) | (36,529) | (409,571) |
Net increase | 55,002 | $569,892 | 32,156 | $310,632 |
Class R2 shares | ||||
Sold | 11,895 | $133,079 | 65,296 | $718,670 |
Distributions reinvested | 10,114 | 109,429 | 7,850 | 75,361 |
Repurchased | (13,616) | (150,791) | (34,714) | (381,389) |
Net increase | 8,393 | $91,717 | 38,432 | $412,642 |
80 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Multimanager 2040 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R3 shares | ||||
Sold | 15,069 | $167,835 | 66,230 | $737,741 |
Distributions reinvested | 12,798 | 137,448 | 31,011 | 295,533 |
Repurchased | (2,743) | (30,098) | (197,154) | (2,039,039) |
Net increase (decrease) | 25,124 | $275,185 | (99,913) | $(1,005,765) |
Class R4 shares | ||||
Sold | 2,938 | $33,304 | 4,226 | $47,923 |
Distributions reinvested | 2,461 | 26,526 | 2,478 | 23,691 |
Repurchased | (1,329) | (14,690) | (6,273) | (74,378) |
Net increase (decrease) | 4,070 | $45,140 | 431 | $(2,764) |
Class R5 shares | ||||
Sold | 3,992 | $43,805 | 8,283 | $93,498 |
Distributions reinvested | 2,179 | 23,647 | 4,249 | 40,835 |
Repurchased | (46) | (504) | (60,683) | (724,102) |
Net increase (decrease) | 6,125 | $66,948 | (48,151) | $(589,769) |
Class R6 shares | ||||
Sold | 685,343 | $7,658,510 | 2,082,066 | $23,931,378 |
Distributions reinvested | 306,736 | 3,318,881 | 369,047 | 3,539,158 |
Repurchased | (349,126) | (3,877,697) | (973,255) | (10,736,789) |
Net increase | 642,953 | $7,099,694 | 1,477,858 | $16,733,747 |
Class 1 shares | ||||
Sold | 1,716,818 | $19,385,380 | 3,887,757 | $43,218,075 |
Distributions reinvested | 6,584,586 | 71,311,067 | 7,838,164 | 75,246,373 |
Repurchased | (5,839,866) | (65,360,363) | (9,179,619) | (102,116,562) |
Net increase | 2,461,538 | $25,336,084 | 2,546,302 | $16,347,886 |
Total net increase | 5,339,178 | $56,701,696 | 5,514,166 | $47,336,637 |
Multimanager 2035 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 1,942,145 | $21,556,081 | 1,769,215 | $19,180,810 |
Distributions reinvested | 1,540,333 | 16,466,157 | 1,562,748 | 14,955,498 |
Repurchased | (1,055,098) | (11,566,964) | (2,162,634) | (23,723,907) |
Net increase | 2,427,380 | $26,455,274 | 1,169,329 | $10,412,401 |
Class I shares | ||||
Sold | 2,369 | $25,736 | 16,992 | $194,439 |
Distributions reinvested | 34 | 366 | 1,250 | 12,021 |
Repurchased | (1,101) | (11,075) | (45,856) | (520,388) |
Net increase (decrease) | 1,302 | $15,027 | (27,614) | $(313,928) |
Class R1 shares | ||||
Sold | 87,024 | $930,233 | 73,263 | $780,962 |
Distributions reinvested | 35,459 | 377,993 | 48,305 | 461,312 |
Repurchased | (47,966) | (536,120) | (261,666) | (2,836,360) |
Net increase (decrease) | 74,517 | $772,106 | (140,098) | $(1,594,086) |
Class R2 shares | ||||
Sold | 58,900 | $671,187 | 47,561 | $515,376 |
Distributions reinvested | 25,896 | 278,387 | 18,699 | 179,888 |
Repurchased | (8,015) | (87,724) | (47,530) | (515,094) |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 81 |
Multimanager 2035 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net increase | 76,781 | $861,850 | 18,730 | $180,170 |
Class R3 shares | ||||
Sold | 44,687 | $499,391 | 119,529 | $1,312,693 |
Distributions reinvested | 21,647 | 231,188 | 20,973 | 200,711 |
Repurchased | (23,586) | (258,902) | (146,717) | (1,615,057) |
Net increase (decrease) | 42,748 | $471,677 | (6,215) | $(101,653) |
Class R4 shares | ||||
Sold | 1,034 | $11,531 | 7,956 | $87,800 |
Distributions reinvested | 963 | 10,334 | 3,675 | 35,318 |
Repurchased | (36) | (399) | (54,147) | (613,141) |
Net increase (decrease) | 1,961 | $21,466 | (42,516) | $(490,023) |
Class R5 shares | ||||
Sold | 12,963 | $142,201 | 24,741 | $281,583 |
Distributions reinvested | 3,270 | 35,148 | 3,765 | 36,222 |
Repurchased | (299) | (3,241) | (82,990) | (984,207) |
Net increase (decrease) | 15,934 | $174,108 | (54,484) | $(666,402) |
Class R6 shares | ||||
Sold | 1,050,899 | $11,567,332 | 1,972,339 | $22,237,720 |
Distributions reinvested | 333,656 | 3,583,461 | 372,700 | 3,581,647 |
Repurchased | (250,879) | (2,782,691) | (831,002) | (9,055,914) |
Net increase | 1,133,676 | $12,368,102 | 1,514,037 | $16,763,453 |
Class 1 shares | ||||
Sold | 1,575,745 | $17,682,361 | 3,983,056 | $44,006,290 |
Distributions reinvested | 8,219,091 | 88,355,228 | 9,520,561 | 91,587,792 |
Repurchased | (6,558,504) | (73,252,429) | (11,832,267) | (130,909,866) |
Net increase | 3,236,332 | $32,785,160 | 1,671,350 | $4,684,216 |
Total net increase | 7,010,631 | $73,924,770 | 4,102,519 | $28,874,148 |
Multimanager 2030 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 2,211,593 | $23,761,570 | 2,615,001 | $28,004,741 |
Distributions reinvested | 1,776,727 | 18,531,262 | 1,890,425 | 17,751,093 |
Repurchased | (1,430,817) | (15,306,022) | (3,022,482) | (32,440,071) |
Net increase | 2,557,503 | $26,986,810 | 1,482,944 | $13,315,763 |
Class I shares | ||||
Sold | 27,385 | $292,565 | 15,873 | $173,066 |
Distributions reinvested | 7,880 | 81,872 | 7,641 | 71,447 |
Repurchased | (19,561) | (210,525) | (3,236) | (33,809) |
Net increase | 15,704 | $163,912 | 20,278 | $210,704 |
Class R1 shares | ||||
Sold | 87,684 | $934,181 | 63,198 | $664,639 |
Distributions reinvested | 33,738 | 349,863 | 35,527 | 332,180 |
Repurchased | (82,976) | (880,044) | (122,153) | (1,319,219) |
Net increase (decrease) | 38,446 | $404,000 | (23,428) | $(322,400) |
82 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Multimanager 2030 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R2 shares | ||||
Sold | 34,791 | $380,611 | 171,264 | $1,788,362 |
Distributions reinvested | 26,991 | 279,629 | 13,601 | 126,894 |
Repurchased | (23,720) | (256,665) | (124,200) | (1,298,886) |
Net increase | 38,062 | $403,575 | 60,665 | $616,370 |
Class R3 shares | ||||
Sold | 59,714 | $641,618 | 110,438 | $1,169,400 |
Distributions reinvested | 16,999 | 176,447 | 20,726 | 193,993 |
Repurchased | (48,126) | (505,607) | (146,130) | (1,484,230) |
Net increase (decrease) | 28,587 | $312,458 | (14,966) | $(120,837) |
Class R4 shares | ||||
Sold | 6,045 | $65,937 | 11,161 | $121,791 |
Distributions reinvested | 4,979 | 51,636 | 5,709 | 53,322 |
Repurchased | (553) | (5,935) | (17,315) | (179,011) |
Net increase (decrease) | 10,471 | $111,638 | (445) | $(3,898) |
Class R5 shares | ||||
Sold | 17,494 | $187,205 | 62,776 | $712,391 |
Distributions reinvested | 10,439 | 108,251 | 12,459 | 116,364 |
Repurchased | (35,138) | (363,417) | (146,548) | (1,670,158) |
Net decrease | (7,205) | $(67,961) | (71,313) | $(841,403) |
Class R6 shares | ||||
Sold | 1,403,427 | $15,028,699 | 2,901,649 | $31,424,175 |
Distributions reinvested | 401,860 | 4,167,293 | 455,313 | 4,252,626 |
Repurchased | (433,340) | (4,652,471) | (1,504,028) | (15,922,070) |
Net increase | 1,371,947 | $14,543,521 | 1,852,934 | $19,754,731 |
Class 1 shares | ||||
Sold | 2,324,311 | $24,883,674 | 4,598,729 | $48,779,073 |
Distributions reinvested | 9,245,992 | 95,973,396 | 11,092,936 | 103,718,952 |
Repurchased | (8,932,433) | (96,190,031) | (15,757,140) | (168,707,951) |
Net increase (decrease) | 2,637,870 | $24,667,039 | (65,475) | $(16,209,926) |
Total net increase | 6,691,385 | $67,524,992 | 3,241,194 | $16,399,104 |
Multimanager 2025 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 2,358,997 | $24,910,411 | 3,020,587 | $31,383,368 |
Distributions reinvested | 1,654,392 | 16,858,255 | 1,751,415 | 16,235,616 |
Repurchased | (1,923,706) | (20,189,127) | (2,875,295) | (30,020,545) |
Net increase | 2,089,683 | $21,579,539 | 1,896,707 | $17,598,439 |
Class I shares | ||||
Sold | 51,185 | $519,546 | 159,718 | $1,656,930 |
Distributions reinvested | 11,785 | 119,504 | 1,095 | 10,098 |
Repurchased | (38,130) | (408,854) | (23,570) | (246,495) |
Net increase | 24,840 | $230,196 | 137,243 | $1,420,533 |
Class R1 shares | ||||
Sold | 64,304 | $661,688 | 68,484 | $693,707 |
Distributions reinvested | 22,559 | 228,525 | 26,093 | 240,576 |
Repurchased | (91,047) | (961,467) | (96,580) | (1,013,284) |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 83 |
Multimanager 2025 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net decrease | (4,184) | $(71,254) | (2,003) | $(79,001) |
Class R2 shares | ||||
Sold | 141,637 | $1,466,062 | 224,473 | $2,271,098 |
Distributions reinvested | 40,115 | 405,967 | 25,850 | 238,077 |
Repurchased | (10,729) | (110,463) | (77,315) | (781,153) |
Net increase | 171,023 | $1,761,566 | 173,008 | $1,728,022 |
Class R3 shares | ||||
Sold | 38,426 | $400,228 | 73,907 | $792,768 |
Distributions reinvested | 23,895 | 242,056 | 27,358 | 252,246 |
Repurchased | (29,651) | (303,325) | (89,128) | (934,363) |
Net increase | 32,670 | $338,959 | 12,137 | $110,651 |
Class R4 shares | ||||
Sold | 3,169 | $33,420 | 7,222 | $75,481 |
Distributions reinvested | 6,559 | 66,576 | 7,944 | 73,321 |
Repurchased | (5,626) | (59,874) | (10,837) | (109,819) |
Net increase | 4,102 | $40,122 | 4,329 | $38,983 |
Class R5 shares | ||||
Sold | 15,638 | $159,737 | 22,093 | $225,556 |
Distributions reinvested | 13,242 | 134,005 | 14,495 | 133,499 |
Repurchased | (20,359) | (208,437) | (50,584) | (544,354) |
Net increase (decrease) | 8,521 | $85,305 | (13,996) | $(185,299) |
Class R6 shares | ||||
Sold | 1,203,801 | $12,474,419 | 2,848,133 | $30,290,558 |
Distributions reinvested | 336,424 | 3,401,244 | 458,890 | 4,221,787 |
Repurchased | (590,630) | (6,183,573) | (1,574,933) | (16,238,672) |
Net increase | 949,595 | $9,692,090 | 1,732,090 | $18,273,673 |
Class 1 shares | ||||
Sold | 1,767,291 | $18,562,476 | 4,431,492 | $46,056,467 |
Distributions reinvested | 8,964,882 | 90,814,254 | 11,500,393 | 105,918,621 |
Repurchased | (10,548,468) | (110,159,765) | (20,792,748) | (217,022,996) |
Net increase (decrease) | 183,705 | $(783,035) | (4,860,863) | $(65,047,908) |
Total net increase (decrease) | 3,459,955 | $32,873,488 | (921,348) | $(26,141,907) |
Multimanager 2020 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 2,599,131 | $25,717,470 | 3,239,366 | $31,712,655 |
Distributions reinvested | 1,645,149 | 15,744,080 | 1,698,458 | 14,997,382 |
Repurchased | (2,228,729) | (21,935,126) | (3,747,115) | (36,990,388) |
Net increase | 2,015,551 | $19,526,424 | 1,190,709 | $9,719,649 |
Class I shares | ||||
Sold | 4,846 | $48,597 | 18,706 | $183,390 |
Distributions reinvested | 1,794 | 17,153 | 2,197 | 19,402 |
Repurchased | (20,727) | (202,892) | (63,793) | (644,543) |
Net decrease | (14,087) | $(137,142) | (42,890) | $(441,751) |
84 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Multimanager 2020 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class R1 shares | ||||
Sold | 41,076 | $397,527 | 32,723 | $318,972 |
Distributions reinvested | 42,251 | 402,652 | 43,687 | 384,887 |
Repurchased | (94,567) | (923,016) | (17,347) | (171,952) |
Net increase (decrease) | (11,240) | $(122,837) | 59,063 | $531,907 |
Class R2 shares | ||||
Sold | 6,851 | $67,660 | 27,199 | $262,639 |
Distributions reinvested | 9,015 | 85,819 | 11,698 | 102,945 |
Repurchased | (19,972) | (200,598) | (63,083) | (615,969) |
Net decrease | (4,106) | $(47,119) | (24,186) | $(250,385) |
Class R3 shares | ||||
Sold | 10,979 | $108,977 | 73,519 | $727,321 |
Distributions reinvested | 16,154 | 154,111 | 19,573 | 172,438 |
Repurchased | (48,477) | (481,343) | (40,894) | (392,550) |
Net increase (decrease) | (21,344) | $(218,255) | 52,198 | $507,209 |
Class R4 shares | ||||
Sold | 7,414 | $74,469 | 4,729 | $46,653 |
Distributions reinvested | 2,045 | 19,449 | 2,202 | 19,353 |
Repurchased | (10,046) | (100,102) | (2,559) | (26,430) |
Net increase (decrease) | (587) | $(6,184) | 4,372 | $39,576 |
Class R5 shares | ||||
Sold | 15,113 | $145,339 | 51,409 | $504,361 |
Distributions reinvested | 37,714 | 359,787 | 44,704 | 393,841 |
Repurchased | (82,003) | (787,797) | (219,148) | (2,220,061) |
Net decrease | (29,176) | $(282,671) | (123,035) | $(1,321,859) |
Class R6 shares | ||||
Sold | 772,929 | $7,559,396 | 1,992,456 | $19,867,978 |
Distributions reinvested | 282,261 | 2,687,124 | 319,043 | 2,804,387 |
Repurchased | (733,259) | (7,170,785) | (1,032,715) | (10,034,107) |
Net increase | 321,931 | $3,075,735 | 1,278,784 | $12,638,258 |
Class 1 shares | ||||
Sold | 743,664 | $7,474,424 | 2,198,505 | $21,530,403 |
Distributions reinvested | 5,469,313 | 52,177,245 | 7,219,509 | 63,603,874 |
Repurchased | (8,496,311) | (83,778,893) | (18,529,482) | (182,302,125) |
Net decrease | (2,283,334) | $(24,127,224) | (9,111,468) | $(97,167,848) |
Total net decrease | (26,392) | $(2,339,273) | (6,716,453) | $(75,745,244) |
Multimanager 2015 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 1,223,946 | $11,047,870 | 1,149,368 | $10,281,930 |
Distributions reinvested | 920,667 | 8,065,040 | 1,028,968 | 8,427,245 |
Repurchased | (1,395,379) | (12,532,940) | (2,267,312) | (20,617,008) |
Net increase (decrease) | 749,234 | $6,579,970 | (88,976) | $(1,907,833) |
Class I shares | ||||
Sold | 15,443 | $140,376 | 10,675 | $98,001 |
Distributions reinvested | 8,208 | 71,735 | 6,876 | 56,243 |
Repurchased | (6,429) | (58,529) | (6,587) | (58,137) |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 85 |
Multimanager 2015 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Net increase | 17,222 | $153,582 | 10,964 | $96,107 |
Class R1 shares | ||||
Sold | 11,588 | $102,858 | 15,986 | $143,068 |
Distributions reinvested | 13,369 | 116,715 | 15,288 | 124,902 |
Repurchased | (5,171) | (48,453) | (22,516) | (202,834) |
Net increase | 19,786 | $171,120 | 8,758 | $65,136 |
Class R2 shares | ||||
Sold | 763 | $6,782 | 1,588 | $14,126 |
Distributions reinvested | 336 | 2,926 | 398 | 3,248 |
Repurchased | (332) | (2,976) | (3,166) | (27,972) |
Net increase (decrease) | 767 | $6,732 | (1,180) | $(10,598) |
Class R3 shares | ||||
Sold | 32,620 | $295,863 | 42,099 | $364,805 |
Distributions reinvested | 23,450 | 204,721 | 28,384 | 231,894 |
Repurchased | (162,210) | (1,438,898) | (101,661) | (876,915) |
Net decrease | (106,140) | $(938,314) | (31,178) | $(280,216) |
Class R4 shares | ||||
Sold | — | — | 463 | $4,112 |
Distributions reinvested | 115 | $997 | 775 | 6,316 |
Repurchased | (9) | (77) | (6,765) | (60,976) |
Net increase (decrease) | 106 | $920 | (5,527) | $(50,548) |
Class R5 shares | ||||
Sold | 1,714 | $15,750 | 5,834 | $53,868 |
Distributions reinvested | 3,559 | 31,071 | 5,833 | 47,658 |
Repurchased | (6,650) | (58,540) | (99,987) | (946,478) |
Net decrease | (1,377) | $(11,719) | (88,320) | $(844,952) |
Class R6 shares | ||||
Sold | 319,675 | $2,918,285 | 918,078 | $8,516,733 |
Distributions reinvested | 122,629 | 1,070,547 | 148,171 | 1,210,562 |
Repurchased | (423,612) | (3,858,326) | (502,253) | (4,530,693) |
Net increase | 18,692 | $130,506 | 563,996 | $5,196,602 |
Class 1 shares | ||||
Sold | 690,539 | $6,341,645 | 1,124,719 | $10,097,774 |
Distributions reinvested | 1,809,739 | 15,799,022 | 2,672,094 | 21,831,006 |
Repurchased | (4,245,684) | (38,902,403) | (8,670,582) | (78,315,429) |
Net decrease | (1,745,406) | $(16,761,736) | (4,873,769) | $(46,386,649) |
Total net decrease | (1,047,116) | $(10,668,939) | (4,505,232) | $(44,122,951) |
Multimanager 2010 Lifetime Portfolio | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 153,575 | $1,370,299 | 388,312 | $3,389,443 |
Distributions reinvested | 384,261 | 3,300,798 | 441,213 | 3,525,290 |
Repurchased | (435,888) | (3,826,334) | (707,024) | (6,174,815) |
Net increase | 101,948 | $844,763 | 122,501 | $739,918 |
86 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Multimanager 2010 Lifetime Portfolio (continued) | Six Months Ended 2-29-20 | Year Ended 8-31-19 | ||
Shares | Amount | Shares | Amount | |
Class I shares | ||||
Sold | 31,215 | $276,932 | 8,790 | $76,207 |
Distributions reinvested | 1,499 | 12,858 | 1,597 | 12,726 |
Repurchased | (19,440) | (171,440) | (12,440) | (107,429) |
Net increase (decrease) | 13,274 | $118,350 | (2,053) | $(18,496) |
Class R1 shares | ||||
Sold | 1,677 | $14,602 | 3,680 | $30,724 |
Distributions reinvested | 2,463 | 21,082 | 2,771 | 22,055 |
Repurchased | (2,082) | (18,184) | (29,832) | (254,160) |
Net increase (decrease) | 2,058 | $17,500 | (23,381) | $(201,381) |
Class R2 shares | ||||
Sold | 2,663 | $23,666 | 7,350 | $63,687 |
Distributions reinvested | 3,841 | 32,958 | 4,562 | 36,407 |
Repurchased | (6,908) | (61,288) | (5,370) | (45,651) |
Net increase (decrease) | (404) | $(4,664) | 6,542 | $54,443 |
Class R3 shares | ||||
Sold | 547 | $4,820 | 1,776 | $15,512 |
Distributions reinvested | 1,041 | 8,912 | 1,313 | 10,462 |
Repurchased | (1,030) | (8,849) | (5,886) | (50,542) |
Net increase (decrease) | 558 | $4,883 | (2,797) | $(24,568) |
Class R4 shares | ||||
Sold | 842 | $7,561 | 1,651 | $14,483 |
Distributions reinvested | 405 | 3,470 | 789 | 6,296 |
Repurchased | (5,658) | (50,387) | (246) | (2,154) |
Net increase (decrease) | (4,411) | $(39,356) | 2,194 | $18,625 |
Class R5 shares | ||||
Sold | — | — | 2 | $20 |
Distributions reinvested | 308 | $2,643 | 445 | 3,539 |
Repurchased | (1,368) | (11,802) | (1,269) | (10,394) |
Net decrease | (1,060) | $(9,159) | (822) | $(6,835) |
Class R6 shares | ||||
Sold | 72,388 | $642,491 | 898,042 | $7,891,490 |
Distributions reinvested | 67,655 | 580,481 | 108,893 | 868,970 |
Repurchased | (156,149) | (1,389,816) | (470,705) | (3,976,595) |
Net increase (decrease) | (16,106) | $(166,844) | 536,230 | $4,783,865 |
Class 1 shares | ||||
Sold | 1,115,897 | $9,888,780 | 1,927,334 | $16,950,798 |
Distributions reinvested | 1,119,253 | 9,603,188 | 1,490,950 | 11,897,784 |
Repurchased | (2,584,389) | (23,028,439) | (5,718,708) | (50,366,111) |
Net decrease | (349,239) | $(3,536,471) | (2,300,424) | $(21,517,529) |
Total net decrease | (253,382) | $(2,770,998) | (1,662,010) | $(16,171,958) |
Portfolio | Class | % by Class |
Multimanager 2060 Lifetime Portfolio | I | 99% |
Multimanager 2060 Lifetime Portfolio | R1 | 74% |
Multimanager 2060 Lifetime Portfolio | R2 | 42% |
Multimanager 2060 Lifetime Portfolio | R3 | 22% |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 87 |
Portfolio | Class | % by Class |
Multimanager 2060 Lifetime Portfolio | R4 | 74% |
Multimanager 2060 Lifetime Portfolio | 1 | 100% |
Multimanager 2055 Lifetime Portfolio | I | 73% |
Multimanager 2055 Lifetime Portfolio | R1 | 33% |
Multimanager 2055 Lifetime Portfolio | R4 | 100% |
Multimanager 2055 Lifetime Portfolio | 1 | 100% |
Multimanager 2050 Lifetime Portfolio | I | 70% |
Multimanager 2050 Lifetime Portfolio | 1 | 100% |
Multimanager 2045 Lifetime Portfolio | I | 18% |
Multimanager 2045 Lifetime Portfolio | R6 | 2% |
Multimanager 2045 Lifetime Portfolio | 1 | 100% |
Multimanager 2040 Lifetime Portfolio | 1 | 100% |
Multimanager 2035 Lifetime Portfolio | 1 | 100% |
Multimanager 2030 Lifetime Portfolio | 1 | 100% |
Multimanager 2025 Lifetime Portfolio | 1 | 100% |
Multimanager 2020 Lifetime Portfolio | R6 | 11% |
Multimanager 2020 Lifetime Portfolio | 1 | 100% |
Multimanager 2015 Lifetime Portfolio | 1 | 100% |
Multimanager 2010 Lifetime Portfolio | 1 | 100% |
Purchases | Sales | |||
Portfolio | U.S. Government | Other issuers | U.S. Government | Other issuers |
Multimanager 2060 Lifetime Portfolio | $2,349,979 | $41,019,950 | $197,691 | $22,823,525 |
Multimanager 2055 Lifetime Portfolio | 5,302,223 | 68,829,658 | 494,835 | 52,460,731 |
Multimanager 2050 Lifetime Portfolio | 9,907,459 | 109,029,251 | 972,373 | ��� 101,083,176 |
Multimanager 2045 Lifetime Portfolio | 17,614,432 | 172,999,435 | 1,783,872 | 189,898,237 |
Multimanager 2040 Lifetime Portfolio | 30,867,826 | 186,599,131 | 3,292,334 | 207,140,349 |
Multimanager 2035 Lifetime Portfolio | 50,158,349 | 223,043,500 | 5,452,061 | 252,741,600 |
Multimanager 2030 Lifetime Portfolio | 74,163,079 | 216,602,190 | 10,154,423 | 266,700,730 |
Multimanager 2025 Lifetime Portfolio | 90,631,567 | 216,019,799 | 12,580,321 | 307,898,371 |
Multimanager 2020 Lifetime Portfolio | 61,848,876 | 146,947,867 | 8,508,579 | 232,460,618 |
Multimanager 2015 Lifetime Portfolio | 23,252,706 | 63,554,573 | 3,458,519 | 104,053,623 |
Multimanager 2010 Lifetime Portfolio | 16,053,476 | 45,024,864 | 3,266,315 | 64,088,762 |
Portfolio | Affiliated Class NAV | Percentage of underlying fund net assets |
Multimanager 2035 Lifetime Portfolio | JHF Alternative Risk Premia Fund | 5.2% |
Multimanager 2030 Lifetime Portfolio | JHF Alternative Risk Premia Fund | 6.8% |
Multimanager 2025 Lifetime Portfolio | JHF Short Duration Bond Fund | 10.6% |
Multimanager 2025 Lifetime Portfolio | JHF Alternative Risk Premia Fund | 7.0% |
Multimanager 2025 Lifetime Portfolio | JHF Diversified Real Assets Fund | 5.6% |
Multimanager 2020 Lifetime Portfolio | JHF Short Duration Bond Fund | 14.4% |
Multimanager 2020 Lifetime Portfolio | JHF Alternative Risk Premia Fund | 5.1% |
Multimanager 2015 Lifetime Portfolio | JHF Short Duration Bond Fund | 8.0% |
Multimanager 2010 Lifetime Portfolio | JHF Short Duration Bond Fund | 7.1% |
88 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Multimanager 2060 Lifetime Portfolio | |||||||||
Absolute Return Currency | 71,070 | $385,703 | $256,511 | — | — | $16,601 | $11,640 | — | $658,815 |
Alternative Risk Premia | 65,927 | — | 662,205 | $(3,316) | $(10) | (27,294) | 229 | — | 631,585 |
Asia Pacific Total Return Bond | — | 94,900 | 43,273 | (138,714) | 3,516 | (2,975) | 4,291 | — | — |
Blue Chip Growth | 150,378 | 3,483,901 | 3,257,956 | (296,292) | (4,655) | (105,488) | — | $59,716 | 6,335,422 |
Bond | 25,347 | 644,172 | 362,087 | (590,714) | 36,699 | (32,504) | 11,566 | 4,634 | 419,740 |
Capital Appreciation | 253,552 | 2,114,972 | 2,218,060 | (270,110) | (40,263) | (84,990) | 327 | 245,697 | 3,937,669 |
Capital Appreciation Value | 283,994 | 3,823,998 | 1,068,500 | (1,553,420) | (35,611) | (239,171) | 69,828 | 374,708 | 3,064,296 |
Core Bond | 30,597 | 698,217 | 391,908 | (674,475) | 10,335 | (10,790) | 11,181 | 6,599 | 415,195 |
Disciplined Value | 227,486 | 2,158,360 | 2,569,237 | (130,230) | (10,933) | (489,418) | 36,766 | 106,490 | 4,097,016 |
Disciplined Value International | 312,223 | 1,992,667 | 1,839,069 | (126,629) | (6,875) | (260,659) | 60,126 | — | 3,437,573 |
Diversified Real Assets | — | 2,860,760 | 691,695 | (3,599,100) | (19,121) | 65,766 | 93,087 | 52,336 | — |
Emerging Markets Debt | 59,912 | 394,671 | 329,543 | (162,143) | (1,250) | 10,142 | 7,991 | — | 570,963 |
Emerging Markets Equity | 623,041 | 4,791,393 | 2,259,494 | (475,424) | (50,373) | 116,526 | 134,047 | — | 6,641,616 |
Equity Income | 365,428 | 3,143,377 | 3,807,276 | (173,369) | (14,945) | (743,748) | 57,429 | 207,766 | 6,018,591 |
Financial Industries | 77,131 | 947,111 | 589,816 | (100,966) | (7,962) | (115,232) | 22,216 | 85,476 | 1,312,767 |
Floating Rate Income | — | 240,106 | 79,827 | (321,580) | 324 | 1,323 | 5,859 | — | — |
Fundamental Global Franchise | — | 888,932 | 271,023 | (1,137,976) | (21,686) | (293) | 8,533 | 57,999 | — |
Fundamental Large Cap Core | 65,448 | 1,738,662 | 1,612,942 | (121,334) | (8,936) | (135,444) | 16,616 | — | 3,085,890 |
Global Equity | — | 1,582,023 | 315,456 | (2,034,590) | 166,333 | (29,222) | 35,835 | 8,887 | — |
Global Shareholder Yield | — | 637,021 | 494,525 | (1,179,533) | 31,284 | 16,703 | 11,868 | 18,394 | — |
Health Sciences | 262,247 | 1,026,611 | 313,346 | (146,887) | (4,558) | 30,938 | — | 45,334 | 1,219,450 |
High Yield | 168,721 | 165,475 | 442,061 | (27,002) | (60) | (13,573) | 7,374 | — | 566,901 |
International Dynamic Growth | 63,409 | 601,906 | 290,202 | (269,360) | 25,185 | 25,471 | 2,431 | — | 673,404 |
International Growth | 105,702 | 1,920,839 | 1,206,868 | (115,388) | (1,293) | (61,934) | 18,382 | — | 2,949,092 |
International Growth Stock | — | 111,742 | — | (113,414) | 15,960 | (14,288) | — | — | — |
International Small Cap | — | 193,401 | — | (199,697) | 17,882 | (11,586) | — | — | — |
International Small Company | 244,759 | 2,385,303 | 889,560 | (814,313) | (61,219) | (27,615) | 64,629 | 64,189 | 2,371,716 |
Mid Cap Stock | 225,534 | 3,440,172 | 2,175,419 | (621,922) | (37,171) | (378,163) | — | 482,215 | 4,578,335 |
Mid Value | 315,622 | 3,722,105 | 1,086,508 | (262,595) | (32,728) | (138,768) | 70,313 | 48,810 | 4,374,522 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 89 |
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 |
Real Return Bond | — | $22,184 | — | $(21,873) | $1,417 | $(1,728) | — | — | — |
Science & Technology | 322,525 | 1,092,803 | $341,452 | (195,004) | (74,909) | 70,927 | — | $111,202 | $1,235,269 |
Short Duration Credit Opportunities | — | 195,539 | 88,649 | (286,535) | 4,703 | (2,356) | $3,391 | — | — |
Small Cap Growth | 61,846 | 1,813,138 | 496,549 | (1,347,234) | 20,373 | 4,234 | — | — | 987,060 |
Small Cap Value | 52,008 | 1,849,228 | 484,392 | (1,381,342) | 23,244 | (41,977) | 19,276 | 66,349 | 933,545 |
Spectrum Income | — | 10,310 | 10 | (10,302) | 599 | (617) | 10 | — | — |
Strategic Equity Allocation | 2,991,554 | 30,090,221 | 6,316,296 | (2,937,474) | (393,712) | (467,286) | 745,785 | 369,965 | 32,608,045 |
Strategic Income Opportunities | 53,770 | 561,178 | 464,421 | (454,289) | 13,028 | (10,078) | 7,760 | — | 574,260 |
U.S. High Yield Bond | — | 57,814 | 26,329 | (84,283) | 1,120 | (980) | 1,953 | — | — |
Value Equity | — | 114,850 | — | (117,197) | 6,571 | (4,224) | — | — | — |
$(449,697) | $(3,093,770) | $1,540,739 | $2,416,766 | $93,698,737 | |||||
Multimanager 2055 Lifetime Portfolio | |||||||||
Absolute Return Currency | 159,487 | $1,431,912 | $101,896 | $(75,076) | $(6,773) | $26,484 | $40,957 | — | $1,478,443 |
Alternative Risk Premia | 142,488 | — | 1,432,791 | (8,201) | (25) | (59,529) | 522 | — | 1,365,036 |
Asia Pacific Total Return Bond | — | 229,739 | 77,822 | (308,658) | 12,488 | (11,391) | 9,954 | — | — |
Blue Chip Growth | 331,880 | 8,499,105 | 6,244,085 | (538,237) | (3,595) | (219,247) | — | $136,840 | 13,982,111 |
Bond | 54,655 | 1,559,445 | 650,252 | (1,312,229) | 84,615 | (76,992) | 26,202 | 10,762 | 905,091 |
Capital Appreciation | 556,741 | 5,147,478 | 4,477,143 | (715,234) | (103,614) | (159,585) | 752 | 564,922 | 8,646,188 |
Capital Appreciation Value | 635,250 | 9,312,788 | 1,984,338 | (3,833,173) | (54,197) | (555,413) | 158,868 | 852,506 | 6,854,343 |
Core Bond | 65,935 | 1,690,279 | 735,739 | (1,527,019) | 33,189 | (37,454) | 26,312 | 15,444 | 894,734 |
Disciplined Value | 498,243 | 5,276,730 | 5,035,173 | (274,191) | (18,585) | (1,045,763) | 84,612 | 245,070 | 8,973,364 |
Disciplined Value International | 678,908 | 4,837,575 | 3,429,151 | (244,212) | (7,081) | (540,656) | 138,396 | — | 7,474,777 |
Diversified Real Assets | — | 7,002,489 | 1,127,899 | (8,254,100) | (71,618) | 195,330 | 214,226 | 120,444 | — |
Emerging Markets Debt | 126,113 | 1,116,872 | 327,309 | (265,821) | (3,759) | 27,251 | 19,256 | — | 1,201,852 |
Emerging Markets Equity | 1,350,451 | 11,671,703 | 3,651,245 | (1,172,248) | (103,223) | 348,333 | 307,505 | — | 14,395,810 |
Equity Income | 800,366 | 7,675,249 | 7,546,480 | (424,716) | (34,961) | (1,580,018) | 133,781 | 474,821 | 13,182,034 |
Financial Industries | 168,933 | 2,510,655 | 856,194 | (255,487) | (16,766) | (219,349) | 51,085 | 196,545 | 2,875,247 |
Floating Rate Income | — | 597,267 | 144,498 | (745,343) | 4,972 | (1,394) | 13,605 | — | — |
Fundamental Global Franchise | — | 2,163,250 | 442,940 | (2,558,680) | (64,623) | 17,113 | 19,460 | 132,275 | — |
90 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Fundamental Large Cap Core | 143,346 | $4,247,228 | $3,051,693 | $(273,773) | $(11,933) | $(254,439) | $38,249 | — | $6,758,776 |
Global Equity | — | 3,859,927 | 410,022 | (4,597,258) | 533,639 | (206,330) | 81,654 | $20,249 | — |
Global Shareholder Yield | — | 1,981,338 | 535,564 | (2,659,279) | 167,088 | (24,711) | 30,946 | 42,411 | — |
Health Sciences | 572,096 | 2,494,622 | 358,068 | (263,680) | (6,289) | 77,524 | — | 103,937 | 2,660,245 |
High Yield | 355,149 | 400,591 | 871,406 | (50,284) | 166 | (28,577) | 16,501 | — | 1,193,302 |
International Dynamic Growth | 137,914 | 1,455,663 | 524,538 | (639,556) | 64,775 | 59,231 | 5,602 | — | 1,464,651 |
International Growth | 229,111 | 4,686,737 | 2,087,975 | (275,340) | 4,610 | (111,777) | 42,290 | — | 6,392,205 |
International Growth Stock | — | 300,886 | — | (305,386) | 48,885 | (44,385) | — | — | — |
International Small Cap | — | 549,162 | — | (567,041) | 61,391 | (43,512) | — | — | — |
International Small Company | 535,440 | 5,757,996 | 1,435,245 | (1,858,040) | (65,166) | (81,620) | 146,994 | 145,994 | 5,188,415 |
Mid Cap Stock | 499,347 | 8,366,278 | 3,798,307 | (1,072,290) | 14,880 | (970,440) | — | 1,107,876 | 10,136,735 |
Mid Value | 689,402 | 9,095,165 | 1,386,425 | (612,273) | (64,865) | (249,337) | 161,064 | 111,807 | 9,555,115 |
Real Return Bond | — | 59,001 | — | (58,170) | 3,750 | (4,581) | — | — | — |
Science & Technology | 716,185 | 2,667,185 | 524,186 | (440,821) | (146,183) | 138,623 | — | 255,878 | 2,742,990 |
Short Duration Credit Opportunities | — | 473,369 | 153,445 | (632,112) | 12,210 | (6,912) | 7,773 | — | — |
Small Cap Growth | 137,333 | 4,401,735 | 721,530 | (2,981,056) | 60,894 | (11,273) | — | — | 2,191,830 |
Small Cap Value | 113,909 | 4,519,512 | 711,728 | (3,181,951) | 118,748 | (123,369) | 44,161 | 152,009 | 2,044,668 |
Spectrum Income | — | 26,764 | 25 | (26,742) | 1,537 | (1,584) | 25 | — | — |
Strategic Equity Allocation | 6,552,159 | 73,288,942 | 6,792,340 | (7,210,608) | (904,403) | (547,735) | 1,703,792 | 845,213 | 71,418,536 |
Strategic Income Opportunities | 113,182 | 1,358,527 | 837,779 | (994,833) | 33,254 | (25,938) | 17,569 | — | 1,208,789 |
U.S. High Yield Bond | — | 139,958 | 45,356 | (185,583) | 5,033 | (4,764) | 4,568 | — | — |
Value Equity | — | 290,185 | — | (296,113) | 21,212 | (15,284) | — | — | — |
$(400,323) | $(6,373,470) | $3,546,681 | $5,535,003 | $205,185,287 | |||||
Multimanager 2050 Lifetime Portfolio | |||||||||
Absolute Return Currency | 297,349 | $3,043,440 | $138,774 | $(461,665) | $(19,996) | $55,871 | $77,963 | — | $2,756,424 |
Alternative Risk Premia | 266,646 | — | 2,665,993 | — | — | (111,521) | 963 | — | 2,554,472 |
Asia Pacific Total Return Bond | — | 438,871 | 122,541 | (563,794) | 25,017 | (22,635) | 18,515 | — | — |
Blue Chip Growth | 616,692 | 16,518,709 | 11,289,562 | (1,448,792) | 10,003 | (388,252) | — | $259,623 | 25,981,230 |
Bond | 97,618 | 2,980,398 | 1,010,830 | (2,387,644) | 154,397 | (141,434) | 49,430 | 19,994 | 1,616,547 |
Capital Appreciation | 1,037,410 | 10,003,839 | 8,165,439 | (1,572,113) | (234,759) | (251,433) | 1,428 | 1,072,331 | 16,110,973 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 91 |
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 |
Capital Appreciation Value | 1,176,015 | $18,142,181 | $3,154,839 | $(7,473,500) | $(16,488) | $(1,117,825) | $301,622 | $1,618,546 | $12,689,207 |
Core Bond | 115,743 | 3,178,811 | 1,103,031 | (2,701,871) | 70,662 | (79,999) | 48,744 | 27,964 | 1,570,634 |
Disciplined Value | 906,280 | 10,256,393 | 8,528,636 | (491,185) | (24,282) | (1,947,453) | 161,077 | 466,543 | 16,322,109 |
Disciplined Value International | 1,259,840 | 9,434,465 | 6,070,573 | (637,306) | (5,331) | (991,560) | 264,304 | — | 13,870,841 |
Diversified Real Assets | — | 13,610,264 | 1,662,509 | (15,520,021) | (105,956) | 353,204 | 408,960 | 229,929 | — |
Emerging Markets Debt | 230,836 | 2,320,701 | 315,461 | (482,768) | (3,943) | 50,419 | 38,716 | — | 2,199,870 |
Emerging Markets Equity | 2,505,245 | 22,653,339 | 6,006,557 | (2,479,494) | (140,994) | 666,508 | 579,362 | — | 26,705,916 |
Equity Income | 1,452,534 | 14,885,654 | 12,880,547 | (860,598) | (55,598) | (2,926,765) | 255,795 | 899,603 | 23,923,240 |
Financial Industries | 309,117 | 5,662,843 | 552,555 | (588,239) | (30,758) | (335,227) | 97,365 | 374,605 | 5,261,174 |
Floating Rate Income | — | 1,152,916 | 196,321 | (1,355,708) | 6,031 | 440 | 25,867 | — | — |
Fundamental Global Franchise | — | 4,220,882 | 642,285 | (4,775,339) | 39,302 | (127,130) | 36,851 | 250,489 | — |
Fundamental Large Cap Core | 262,447 | 8,269,950 | 5,168,591 | (599,357) | 7,875 | (472,681) | 73,209 | — | 12,374,378 |
Global Equity | — | 7,516,486 | 478,859 | (8,626,149) | 1,236,834 | (606,030) | 155,514 | 38,566 | — |
Global Shareholder Yield | — | 4,258,224 | 403,886 | (4,963,432) | 520,535 | (219,213) | 62,378 | 80,905 | — |
Health Sciences | 1,067,309 | 4,853,549 | 607,454 | (642,433) | (23,527) | 167,944 | — | 196,895 | 4,962,987 |
High Yield | 657,038 | 815,674 | 1,575,725 | (132,053) | 1,644 | (53,344) | 32,229 | — | 2,207,646 |
International Dynamic Growth | 256,640 | 2,832,920 | 908,071 | (1,256,313) | 131,493 | 109,341 | 10,659 | — | 2,725,512 |
International Growth | 426,067 | 9,127,074 | 3,490,579 | (550,260) | 39,503 | (219,627) | 80,660 | — | 11,887,269 |
International Growth Stock | — | 597,173 | — | (606,085) | 127,552 | (118,640) | — | — | — |
International Small Cap | — | 1,113,285 | — | (1,149,530) | 129,406 | (93,161) | — | — | — |
International Small Company | 985,428 | 11,183,238 | 2,271,725 | (3,671,218) | 186,801 | (421,753) | 279,354 | 277,453 | 9,548,793 |
Mid Cap Stock | 924,006 | 16,235,282 | 5,889,126 | (1,554,076) | 75,505 | (1,888,519) | — | 2,082,662 | 18,757,318 |
Mid Value | 1,274,841 | 17,625,643 | 1,661,395 | (1,070,821) | (94,118) | (452,801) | 305,206 | 211,868 | 17,669,298 |
Real Return Bond | — | 114,763 | — | (113,149) | 7,319 | (8,933) | — | — | — |
Science & Technology | 1,334,242 | 5,184,580 | 911,574 | (971,772) | (299,715) | 285,478 | — | 487,175 | 5,110,145 |
Short Duration Credit Opportunities | — | 901,047 | 245,411 | (1,156,434) | 27,871 | (17,895) | 14,661 | — | — |
Small Cap Growth | 253,382 | 8,559,792 | 1,032,125 | (5,636,175) | 188,424 | (100,187) | — | — | 4,043,979 |
Small Cap Value | 207,110 | 8,755,656 | 890,601 | (5,954,030) | 353,158 | (327,757) | 83,885 | 288,744 | 3,717,628 |
Spectrum Income | — | 52,445 | 48 | (52,401) | 2,972 | (3,064) | 49 | — | — |
Strategic Equity Allocation | 12,186,111 | 142,946,617 | 6,411,445 | (14,217,803) | (1,152,530) | (1,159,121) | 3,248,530 | 1,611,520 | 132,828,608 |
92 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Strategic Income Opportunities | 208,976 | $2,597,935 | $1,503,457 | $(1,883,803) | $66,771 | $(52,499) | $33,155 | — | $2,231,861 |
U.S. High Yield Bond | — | 267,027 | 73,926 | (341,481) | 11,943 | (11,415) | 8,647 | — | — |
Value Equity | — | 578,628 | — | (590,485) | 44,507 | (32,650) | — | — | — |
$1,257,530 | $(13,011,319) | $6,755,098 | $10,495,415 | $379,628,059 | |||||
Multimanager 2045 Lifetime Portfolio | |||||||||
Absolute Return Currency | 527,114 | $5,780,834 | $232,925 | $(1,191,738) | $33,945 | $30,378 | $138,616 | — | $4,886,344 |
Alternative Risk Premia | 469,145 | — | 4,690,964 | — | — | (196,554) | 1,712 | — | 4,494,410 |
Asia Pacific Total Return Bond | — | 797,618 | 189,146 | (990,483) | 44,034 | (40,315) | 33,213 | — | — |
Blue Chip Growth | 1,089,887 | 30,301,979 | 19,020,637 | (2,785,669) | 26,552 | (646,541) | — | $461,380 | 45,916,958 |
Bond | 163,597 | 5,397,964 | 1,408,708 | (4,119,399) | 189,364 | (167,466) | 87,368 | 35,695 | 2,709,171 |
Capital Appreciation | 1,822,285 | 18,407,654 | 13,831,771 | (3,131,357) | 9,822 | (817,802) | 2,538 | 1,905,579 | 28,300,088 |
Capital Appreciation Value | 2,087,094 | 33,279,239 | 4,314,588 | (13,057,953) | 680,044 | (2,696,170) | 536,688 | 2,879,944 | 22,519,748 |
Core Bond | 196,484 | 5,852,694 | 1,625,883 | (4,793,795) | 141,096 | (159,589) | 88,555 | 50,640 | 2,666,289 |
Disciplined Value | 1,565,395 | 18,742,175 | 13,908,190 | (1,019,604) | 37,519 | (3,475,515) | 286,499 | 829,815 | 28,192,765 |
Disciplined Value International | 2,204,484 | 17,194,225 | 9,996,370 | (1,207,664) | (73,969) | (1,637,589) | 469,584 | — | 24,271,373 |
Diversified Real Assets | — | 24,944,563 | 2,167,715 | (27,566,495) | (220,994) | 675,211 | 727,227 | 408,867 | — |
Emerging Markets Debt | 401,750 | 4,352,940 | 330,781 | (935,953) | (4,536) | 85,443 | 71,016 | — | 3,828,675 |
Emerging Markets Equity | 4,360,822 | 41,459,397 | 8,855,439 | (4,866,177) | (180,319) | 1,218,026 | 1,032,976 | — | 46,486,366 |
Equity Income | 2,508,887 | 27,195,317 | 20,884,584 | (1,571,847) | 38,587 | (5,225,278) | 459,224 | 1,600,805 | 41,321,363 |
Financial Industries | 548,595 | 10,505,065 | 840,751 | (1,398,307) | 136,116 | (746,532) | 173,443 | 667,307 | 9,337,093 |
Floating Rate Income | — | 2,069,307 | 340,154 | (2,421,161) | 115,516 | (103,816) | 45,974 | — | — |
Fundamental Global Franchise | — | 7,734,910 | 784,002 | (8,362,507) | 933,467 | (1,089,872) | 65,588 | 445,825 | — |
Fundamental Large Cap Core | 454,565 | 15,104,367 | 8,418,327 | (1,310,903) | 56,826 | (835,901) | 129,984 | — | 21,432,716 |
Global Equity | — | 13,768,233 | 501,057 | (15,400,049) | 2,683,976 | (1,553,217) | 276,480 | 68,564 | — |
Global Shareholder Yield | — | 8,128,771 | 384,354 | (9,074,169) | 1,797,891 | (1,236,847) | 114,861 | 143,985 | — |
Health Sciences | 1,893,422 | 8,859,341 | 838,584 | (1,156,417) | (34,586) | 297,491 | — | 348,718 | 8,804,413 |
High Yield | 1,139,487 | 1,386,981 | 2,784,718 | (249,946) | (3,971) | (89,107) | 54,926 | — | 3,828,675 |
International Dynamic Growth | 455,187 | 5,187,526 | 1,429,453 | (2,212,559) | 237,374 | 192,287 | 18,969 | — | 4,834,081 |
International Growth | 754,301 | 16,719,153 | 5,506,649 | (869,855) | 33,413 | (344,369) | 143,511 | — | 21,044,991 |
International Growth Stock | — | 1,098,852 | — | (1,115,257) | 316,218 | (299,813) | — | — | — |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 93 |
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 |
International Small Cap | — | $2,066,220 | — | $(2,133,480) | $1,126,914 | $(1,059,654) | — | — | — |
International Small Company | 1,722,537 | 20,403,753 | $3,383,604 | (6,735,724) | 204,607 | (564,856) | $496,773 | $493,394 | $16,691,384 |
Mid Cap Stock | 1,633,858 | 29,822,221 | 9,540,882 | (2,988,410) | 41,307 | (3,248,687) | — | 3,706,501 | 33,167,313 |
Mid Value | 2,261,676 | 32,297,237 | 2,207,785 | (2,209,497) | (177,308) | (771,387) | 543,825 | 377,513 | 31,346,830 |
Real Return Bond | — | 210,749 | — | (207,784) | 13,813 | (16,778) | — | — | — |
Science & Technology | 2,343,454 | 9,473,338 | 1,330,889 | (1,819,234) | (461,492) | 451,929 | — | 865,211 | 8,975,430 |
Short Duration Credit Opportunities | — | 1,638,081 | 356,344 | (2,012,258) | 59,815 | (41,982) | 25,981 | — | — |
Small Cap Growth | 449,252 | 15,625,202 | 1,484,630 | (10,096,598) | 259,658 | (102,827) | — | — | 7,170,065 |
Small Cap Value | 355,399 | 16,053,895 | 1,095,911 | (10,855,631) | 443,984 | (358,739) | 149,107 | 513,247 | 6,379,420 |
Spectrum Income | — | 95,601 | 89 | (95,521) | 7,826 | (7,995) | 89 | — | — |
Strategic Equity Allocation | 21,583,320 | 261,825,577 | 9,335,009 | (32,104,150) | 3,571,701 | (7,369,946) | 5,773,679 | 2,864,189 | 235,258,191 |
Strategic Income Opportunities | 358,562 | 4,705,141 | 2,426,509 | (3,326,822) | 96,998 | (72,385) | 58,699 | — | 3,829,441 |
U.S. High Yield Bond | — | 484,435 | 107,701 | (592,981) | 25,596 | (24,751) | 15,512 | — | — |
Value Equity | — | 1,061,800 | — | (1,083,629) | 169,058 | (147,229) | — | — | — |
$12,375,862 | $(32,198,744) | $12,022,617 | $18,667,179 | $667,693,593 | |||||
Multimanager 2040 Lifetime Portfolio | |||||||||
Absolute Return Currency | 594,106 | $6,437,200 | $321,844 | $(1,324,163) | $5,893 | $66,588 | $162,971 | — | $5,507,362 |
Alternative Risk Premia | 546,172 | — | 5,552,060 | (88,122) | (2,904) | (228,706) | 2,049 | — | 5,232,328 |
Asia Pacific Total Return Bond | — | 1,301,551 | 318,523 | (1,626,506) | 69,120 | (62,688) | 54,837 | — | — |
Blue Chip Growth | 1,143,817 | 33,786,276 | 17,866,631 | (3,038,584) | 10,679 | (435,987) | — | $515,853 | 48,189,015 |
Bond | 677,462 | 9,407,161 | 3,856,991 | (2,198,745) | 15,592 | 137,769 | 177,349 | 63,071 | 11,218,768 |
Capital Appreciation | 1,868,604 | 20,295,234 | 12,619,067 | (3,149,798) | (48) | (745,039) | 2,807 | 2,107,249 | 29,019,416 |
Capital Appreciation Value | 1,516,795 | 36,993,075 | 5,130,214 | (24,017,158) | 1,580,337 | (3,320,247) | 601,129 | 3,225,743 | 16,366,221 |
Core Bond | 534,005 | 7,943,669 | 3,009,407 | (3,778,387) | 72,448 | (687) | 112,526 | 59,189 | 7,246,450 |
Disciplined Value | 1,601,537 | 20,830,247 | 12,628,518 | (1,226,427) | 45,532 | (3,434,184) | 318,925 | 923,732 | 28,843,686 |
Disciplined Value International | 2,278,509 | 16,531,265 | 11,584,195 | (1,173,821) | (77,918) | (1,777,332) | 450,334 | — | 25,086,389 |
Diversified Real Assets | 755,496 | 27,288,978 | 2,556,526 | (22,933,074) | (410,234) | (72,927) | 798,104 | 448,716 | 6,429,269 |
Emerging Markets Debt | 757,881 | 6,635,693 | 1,975,530 | (1,491,882) | (30,918) | 134,182 | 109,304 | — | 7,222,605 |
Emerging Markets Equity | 4,513,432 | 44,906,682 | 7,119,155 | (5,234,100) | (187,051) | 1,508,497 | 1,134,596 | — | 48,113,183 |
Equity Income | 2,678,314 | 30,922,476 | 20,563,119 | (2,008,016) | 46,941 | (5,412,688) | 521,439 | 1,817,012 | 44,111,832 |
94 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Financial Industries | 609,151 | $11,788,795 | $1,021,257 | $(1,788,566) | $186,480 | $(840,218) | $192,627 | $741,115 | $10,367,748 |
Floating Rate Income | — | 3,346,404 | 486,625 | (3,850,677) | 128,138 | (110,490) | 69,261 | — | — |
Fundamental Global Franchise | 199,581 | 8,860,548 | 1,047,281 | (7,385,716) | 601,729 | (1,020,260) | 75,648 | 514,201 | 2,103,582 |
Fundamental Large Cap Core | 500,863 | 16,850,916 | 8,909,955 | (1,364,744) | 62,610 | (843,068) | 144,994 | — | 23,615,669 |
Global Equity | 324,032 | 15,034,540 | 546,713 | (12,791,804) | 2,012,078 | (1,198,286) | 302,906 | 75,118 | 3,603,241 |
Global Shareholder Yield | 209,237 | 8,925,549 | 290,254 | (7,393,354) | 1,366,041 | (1,020,799) | 125,870 | 157,479 | 2,167,691 |
Health Sciences | 2,088,969 | 9,521,917 | 1,207,419 | (1,293,173) | (24,652) | 302,195 | — | 377,690 | 9,713,706 |
High Yield | 1,627,944 | 2,300,453 | 3,854,841 | (553,123) | (10,624) | (121,657) | 87,483 | — | 5,469,890 |
International Dynamic Growth | 344,618 | 5,698,880 | 1,690,888 | (4,373,004) | 514,672 | 128,412 | 20,969 | — | 3,659,848 |
International Growth | 820,783 | 18,346,373 | 5,931,720 | (1,069,218) | 27,286 | (336,317) | 158,479 | — | 22,899,844 |
International Growth Stock | — | 1,209,525 | — | (1,227,534) | 348,086 | (330,077) | — | — | — |
International Small Cap | — | 2,267,560 | — | (2,341,384) | 1,226,627 | (1,152,803) | — | — | — |
International Small Company | 1,891,177 | 21,958,567 | 3,751,841 | (6,960,542) | 187,042 | (611,401) | 535,738 | 532,094 | 18,325,507 |
Mid Cap Stock | 1,652,234 | 31,912,090 | 7,666,212 | (2,756,390) | 61,672 | (3,343,224) | — | 3,986,022 | 33,540,360 |
Mid Value | 2,300,148 | 35,471,473 | 1,949,325 | (4,812,751) | (296,715) | (431,277) | 598,448 | 415,431 | 31,880,055 |
Real Return Bond | — | 273,259 | — | (269,414) | 17,858 | (21,703) | — | — | — |
Science & Technology | 2,599,924 | 10,030,685 | 1,397,042 | (1,420,578) | (380,401) | 330,960 | — | 918,854 | 9,957,708 |
Short Duration Credit Opportunities | — | 2,613,186 | 589,874 | (3,232,776) | 83,320 | (53,604) | 40,013 | — | — |
Small Cap Growth | 434,300 | 16,656,882 | 1,622,546 | (11,586,180) | 349,406 | (111,229) | — | — | 6,931,425 |
Small Cap Value | 357,880 | 17,533,839 | 1,460,530 | (12,784,013) | 548,836 | (335,243) | 163,415 | 562,496 | 6,423,949 |
Spectrum Income | — | 276,079 | 255 | (275,849) | 21,759 | (22,244) | 255 | — | — |
Strategic Equity Allocation | 23,089,601 | 279,952,732 | 10,356,053 | (34,727,196) | 3,933,813 | (7,838,749) | 6,193,476 | 3,072,441 | 251,676,653 |
Strategic Income Opportunities | 672,332 | 7,584,251 | 2,411,804 | (2,848,555) | 30,434 | 2,572 | 101,148 | — | 7,180,506 |
U.S. High Yield Bond | — | 789,002 | 182,215 | (972,543) | 31,780 | (30,454) | 25,456 | — | — |
Value Equity | — | 1,164,393 | — | (1,188,324) | 183,615 | (159,684) | — | — | — |
$12,348,359 | $(32,812,097) | $13,282,556 | $20,513,506 | $732,103,906 | |||||
Multimanager 2035 Lifetime Portfolio | |||||||||
Absolute Return Currency | 856,953 | $9,843,376 | $485,787 | $(2,494,964) | $3,833 | $105,918 | $233,984 | — | $7,943,950 |
Alternative Risk Premia | 785,975 | — | 7,969,625 | (107,057) | (3,851) | (329,080) | 2,898 | — | 7,529,637 |
Asia Pacific Total Return Bond | — | 3,734,897 | 490,745 | (4,243,009) | 202,396 | (185,029) | 151,912 | — | — |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 95 |
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 |
Blue Chip Growth | 1,296,155 | $38,171,656 | $20,234,276 | $(3,302,034) | $31,867 | $(528,736) | — | $582,926 | $54,607,029 |
Bond | 1,863,714 | 25,869,332 | 8,726,862 | (4,132,846) | 33,779 | 365,974 | $482,416 | 174,530 | 30,863,101 |
Capital Appreciation | 2,086,651 | 22,710,142 | 13,833,413 | (3,330,176) | 75,656 | (883,343) | 3,139 | 2,356,746 | 32,405,692 |
Capital Appreciation Value | 1,893,330 | 45,307,972 | 5,166,974 | (27,878,291) | 2,066,441 | (4,234,065) | 741,228 | 3,977,530 | 20,429,031 |
Core Bond | 1,941,343 | 23,681,609 | 8,527,029 | (6,183,054) | 66,272 | 252,167 | 352,155 | 202,775 | 26,344,023 |
Disciplined Value | 1,722,662 | 22,419,751 | 13,543,463 | (1,369,817) | 53,507 | (3,621,753) | 341,922 | 990,343 | 31,025,151 |
Disciplined Value International | 2,508,597 | 16,574,508 | 14,359,391 | (1,169,424) | (73,259) | (2,071,565) | 453,738 | — | 27,619,651 |
Diversified Real Assets | 2,222,346 | 31,624,214 | 2,898,500 | (13,331,785) | (224,524) | (2,054,239) | 923,800 | 519,386 | 18,912,166 |
Emerging Markets Debt | 1,720,527 | 17,006,971 | 2,197,194 | (3,108,762) | (115,317) | 416,536 | 280,629 | — | 16,396,622 |
Emerging Markets Equity | 4,723,608 | 49,895,532 | 5,297,449 | (6,707,815) | (180,577) | 2,049,077 | 1,239,157 | — | 50,353,666 |
Equity Income | 3,150,169 | 36,460,987 | 23,851,119 | (2,186,808) | 59,143 | (6,301,154) | 610,916 | 2,128,495 | 51,883,287 |
Financial Industries | 603,144 | 14,000,619 | 1,162,055 | (4,382,227) | 640,583 | (1,155,512) | 225,822 | 868,832 | 10,265,518 |
Floating Rate Income | — | 7,502,313 | 730,998 | (8,272,587) | 101,346 | (62,070) | 167,611 | — | — |
Fundamental Global Franchise | 394,030 | 12,633,977 | 1,195,211 | (8,959,740) | 635,860 | (1,352,233) | 107,164 | 728,427 | 4,153,075 |
Fundamental Large Cap Core | 582,735 | 19,448,057 | 10,544,097 | (1,612,189) | 79,375 | (983,378) | 166,840 | — | 27,475,962 |
Global Equity | 533,381 | 17,760,015 | 606,922 | (13,201,082) | 2,041,261 | (1,275,919) | 356,779 | 88,478 | 5,931,197 |
Global Shareholder Yield | 344,399 | 10,659,449 | 411,985 | (7,791,541) | 1,433,410 | (1,145,326) | 149,539 | 186,130 | 3,567,977 |
Health Sciences | 2,068,360 | 10,188,888 | 857,490 | (1,778,366) | (27,817) | 377,680 | — | 402,712 | 9,617,875 |
High Yield | 3,137,151 | 6,700,148 | 4,729,563 | (676,092) | (15,924) | (196,867) | 220,682 | — | 10,540,828 |
International Dynamic Growth | 271,433 | 6,473,579 | 1,555,751 | (5,984,200) | 764,418 | 73,067 | 23,436 | — | 2,882,615 |
International Growth | 943,924 | 20,671,339 | 6,992,382 | (946,608) | 31,784 | (413,406) | 179,354 | — | 26,335,491 |
International Growth Stock | — | 1,208,445 | — | (1,226,520) | 348,124 | (330,049) | — | — | — |
International Small Cap | — | 2,408,672 | — | (2,487,089) | 1,316,910 | (1,238,493) | — | — | — |
International Small Company | 2,198,928 | 24,144,053 | 4,105,171 | (6,345,246) | 103,859 | (700,220) | 585,657 | 581,674 | 21,307,617 |
Mid Cap Stock | 1,725,667 | 36,205,936 | 7,113,154 | (4,818,481) | 178,960 | (3,648,532) | — | 4,522,179 | 35,031,037 |
Mid Value | 2,401,014 | 40,096,867 | 2,141,871 | (8,451,453) | (434,118) | (75,117) | 673,580 | 467,587 | 33,278,050 |
Real Return Bond | — | 694,750 | — | (684,994) | 45,159 | (54,915) | — | — | — |
Science & Technology | 2,524,795 | 10,660,461 | 1,381,211 | (2,389,486) | (589,781) | 607,562 | — | 971,765 | 9,669,967 |
Short Duration Credit Opportunities | 671,556 | 7,258,904 | 989,955 | (1,859,922) | 13,897 | (2,902) | 131,134 | — | 6,399,932 |
Small Cap Growth | 430,832 | 18,232,961 | 1,575,951 | (13,268,125) | 435,967 | (100,682) | — | — | 6,876,072 |
96 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Small Cap Value | 352,451 | $18,633,547 | $1,489,004 | $(14,114,256) | $602,387 | $(284,195) | $173,197 | $596,165 | $6,326,487 |
Spectrum Income | — | 1,785,655 | 1,654 | (1,784,169) | 141,101 | (144,241) | 1,654 | — | — |
Strategic Equity Allocation | 26,103,294 | 317,427,724 | 14,070,755 | (42,807,200) | 4,933,542 | (9,098,917) | 7,047,992 | 3,496,346 | 284,525,904 |
Strategic Income Opportunities | 1,745,277 | 20,694,677 | 3,361,540 | (5,497,747) | 60,451 | 20,642 | 263,830 | — | 18,639,563 |
U.S. High Yield Bond | 309,260 | 2,242,909 | 1,458,792 | (240,112) | (4,765) | (64,247) | 69,827 | — | 3,392,577 |
Value Equity | — | 1,223,966 | — | (1,249,151) | 197,586 | (172,401) | — | — | — |
$15,028,941 | $(38,439,963) | $16,361,992 | $23,843,026 | $902,530,750 | |||||
Multimanager 2030 Lifetime Portfolio | |||||||||
Absolute Return Currency | 1,117,016 | $14,025,625 | $646,107 | $(4,465,047) | $28,055 | $120,003 | $306,897 | — | $10,354,743 |
Alternative Risk Premia | 1,036,945 | — | 10,483,981 | (112,133) | (4,021) | (433,893) | 3,827 | — | 9,933,934 |
Asia Pacific Total Return Bond | — | 6,354,668 | 613,272 | (6,998,884) | 342,759 | (311,815) | 250,410 | — | — |
Blue Chip Growth | 1,192,350 | 40,349,510 | 13,206,438 | (3,372,340) | 27,625 | 22,462 | — | $604,577 | 50,233,695 |
Bond | 3,307,383 | 47,679,766 | 12,231,808 | (5,818,486) | 52,249 | 624,921 | 865,307 | 311,366 | 54,770,258 |
Capital Appreciation | 1,805,645 | 23,623,154 | 8,325,785 | (3,450,463) | 81,259 | (538,064) | 3,212 | 2,411,184 | 28,041,671 |
Capital Appreciation Value | 3,056,920 | 55,512,917 | 5,676,669 | (25,106,174) | 1,737,718 | (4,836,962) | 891,516 | 4,784,000 | 32,984,168 |
Core Bond | 4,098,923 | 48,623,911 | 12,663,663 | (6,287,539) | 71,053 | 551,297 | 748,390 | 446,753 | 55,622,385 |
Disciplined Value | 1,514,742 | 26,629,515 | 5,771,690 | (2,265,461) | 83,546 | (2,938,792) | 399,670 | 1,157,603 | 27,280,498 |
Disciplined Value International | 2,519,866 | 18,943,463 | 12,397,517 | (1,624,651) | (103,808) | (1,868,798) | 511,097 | — | 27,743,723 |
Diversified Real Assets | 4,110,714 | 34,537,951 | 7,394,940 | (2,290,693) | (103,580) | (4,556,444) | 990,211 | 556,724 | 34,982,174 |
Emerging Markets Debt | 3,239,499 | 29,558,492 | 3,689,472 | (2,941,240) | (113,041) | 678,751 | 500,115 | — | 30,872,434 |
Emerging Markets Equity | 4,360,845 | 47,627,320 | 3,607,764 | (6,570,890) | (139,862) | 1,962,273 | 1,176,492 | — | 46,486,605 |
Equity Income | 2,892,995 | 41,821,258 | 14,623,836 | (3,370,435) | 85,015 | (5,512,043) | 693,381 | 2,407,080 | 47,647,631 |
Financial Industries | 662,419 | 15,293,328 | 1,327,675 | (4,792,481) | 700,376 | (1,254,531) | 242,659 | 933,611 | 11,274,367 |
Floating Rate Income | — | 14,083,843 | 1,103,752 | (15,256,507) | 161,284 | (92,372) | 312,505 | — | — |
Fundamental Global Franchise | 1,022,137 | 17,920,499 | 1,666,222 | (7,259,980) | 65,771 | (1,619,185) | 149,166 | 1,013,926 | 10,773,327 |
Fundamental Large Cap Core | 559,415 | 22,381,614 | 6,575,218 | (2,209,176) | 109,682 | (480,898) | 189,385 | — | 26,376,440 |
Global Equity | 1,154,590 | 21,235,815 | 898,248 | (9,520,255) | 1,250,036 | (1,024,805) | 418,290 | 103,732 | 12,839,039 |
Global Shareholder Yield | 692,911 | 11,916,146 | 465,088 | (5,125,621) | 854,270 | (931,327) | 164,763 | 204,034 | 7,178,556 |
Health Sciences | 2,259,618 | 10,115,444 | 1,781,227 | (1,663,557) | (45,592) | 319,700 | — | 394,487 | 10,507,222 |
High Yield | 5,924,722 | 12,330,389 | 9,097,040 | (1,115,931) | (25,264) | (379,168) | 402,033 | — | 19,907,066 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 97 |
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 |
International Dynamic Growth | 367,720 | $6,699,151 | $1,904,857 | $(5,496,140) | $669,412 | $127,903 | $24,737 | — | $3,905,183 |
International Growth | 914,357 | 21,658,945 | 5,256,846 | (1,176,632) | 50,766 | (279,358) | 185,448 | — | 25,510,567 |
International Growth Stock | — | 1,531,441 | — | (1,554,288) | 441,686 | (418,839) | — | — | — |
International Small Cap | — | 2,735,868 | — | (2,824,734) | 1,525,531 | (1,436,665) | — | — | — |
International Small Company | 2,343,746 | 24,168,449 | 4,667,078 | (5,352,264) | 53,663 | (826,028) | 582,084 | $578,125 | 22,710,898 |
Mid Cap Stock | 1,647,923 | 37,699,108 | 6,897,737 | (7,766,391) | 354,704 | (3,732,319) | — | 4,628,129 | 33,452,839 |
Mid Value | 2,296,636 | 43,860,641 | 2,402,762 | (14,361,709) | (543,371) | 473,047 | 728,015 | 505,374 | 31,831,370 |
Real Return Bond | — | 1,538,461 | — | (1,516,888) | 99,714 | (121,287) | — | — | — |
Science & Technology | 2,793,790 | 11,418,488 | 1,366,849 | (2,067,239) | (522,740) | 504,857 | — | 1,021,264 | 10,700,215 |
Short Duration Credit Opportunities | 1,464,689 | 14,479,302 | 1,602,630 | (2,129,954) | 5,192 | 1,313 | 261,213 | — | 13,958,483 |
Small Cap Growth | 386,525 | 17,796,603 | 1,192,990 | (13,165,728) | 537,082 | (192,012) | — | — | 6,168,935 |
Small Cap Value | 318,556 | 18,234,686 | 1,544,202 | (14,456,412) | 719,951 | (324,355) | 167,251 | 575,698 | 5,718,072 |
Spectrum Income | — | 3,220,561 | 2,963 | (3,217,882) | 249,568 | (255,210) | 2,963 | — | — |
Strategic Equity Allocation | 27,293,767 | 323,450,437 | 16,517,591 | (37,146,615) | 3,436,057 | (8,755,407) | 7,049,943 | 3,497,313 | 297,502,063 |
Strategic Income Opportunities | 3,820,660 | 41,639,670 | 5,284,071 | (6,229,823) | 29,007 | 81,720 | 528,474 | — | 40,804,645 |
U.S. High Yield Bond | 590,411 | 4,155,214 | 2,834,268 | (381,764) | (12,401) | (118,509) | 126,970 | — | 6,476,808 |
Value Equity | — | 1,479,751 | — | (1,510,174) | 233,806 | (203,383) | — | — | — |
$12,443,157 | $(37,974,222) | $18,876,424 | $26,134,980 | $1,054,550,014 | |||||
Multimanager 2025 Lifetime Portfolio | |||||||||
Absolute Return Currency | 1,143,899 | $15,754,396 | $571,790 | $(5,866,532) | $(16,977) | $161,264 | $322,256 | — | $10,603,941 |
Alternative Risk Premia | 1,072,040 | — | 10,923,424 | (199,277) | (5,128) | (448,876) | 4,008 | — | 10,270,143 |
Asia Pacific Total Return Bond | — | 9,041,085 | 727,546 | (9,812,577) | 446,429 | (402,483) | 353,646 | — | — |
Blue Chip Growth | 782,089 | 32,580,728 | 4,932,452 | (5,281,767) | 13,573 | 704,413 | — | $482,665 | 32,949,399 |
Bond | 4,587,810 | 79,994,676 | 15,250,195 | (20,153,470) | 254,344 | 628,393 | 1,399,990 | 519,803 | 75,974,138 |
Capital Appreciation | 1,113,650 | 19,330,475 | 2,724,033 | (4,802,325) | 341,714 | (298,913) | 2,590 | 1,944,177 | 17,294,984 |
Capital Appreciation Value | 4,094,317 | 54,673,616 | 5,766,631 | (12,487,703) | 833,704 | (4,608,564) | 884,950 | 4,748,765 | 44,177,684 |
Core Bond | 4,591,011 | 68,759,395 | 10,811,502 | (17,754,032) | 296,830 | 186,326 | 1,041,769 | 614,857 | 62,300,021 |
Disciplined Value | 946,953 | 22,612,462 | 1,803,579 | (5,811,175) | 279,713 | (1,829,963) | 336,640 | 975,044 | 17,054,616 |
Disciplined Value International | 2,207,660 | 15,106,686 | 12,728,479 | (1,677,730) | (96,399) | (1,754,701) | 411,803 | — | 24,306,335 |
Diversified Real Assets | 5,578,610 | 30,534,142 | 26,400,669 | (2,840,605) | (4,933) | (6,615,300) | 870,778 | 489,576 | 47,473,973 |
98 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Emerging Markets Debt | 3,948,185 | $41,672,951 | $2,042,694 | $(6,983,553) | $(195,317) | $1,089,441 | $706,678 | — | $37,626,216 |
Emerging Markets Equity | 3,010,224 | 34,217,509 | 2,096,983 | (5,629,615) | (102,983) | 1,507,098 | 837,187 | — | 32,088,992 |
Equity Income | 1,945,784 | 34,924,911 | 4,756,995 | (4,210,231) | 105,568 | (3,530,178) | 571,723 | $1,976,452 | 32,047,065 |
Financial Industries | 536,336 | 13,670,019 | 1,268,211 | (5,446,044) | 903,193 | (1,266,947) | 214,520 | 825,347 | 9,128,432 |
Floating Rate Income | 1,278,146 | 23,237,280 | 1,526,743 | (14,219,463) | (278,655) | 138,201 | 531,734 | — | 10,404,106 |
Fundamental Global Franchise | 1,642,034 | 21,075,693 | 1,817,076 | (3,247,209) | 34,889 | (2,373,406) | 174,049 | 1,183,064 | 17,307,043 |
Fundamental Large Cap Core | 399,763 | 16,686,194 | 4,399,047 | (2,039,527) | 108,929 | (305,840) | 139,809 | — | 18,848,803 |
Global Equity | 1,549,296 | 21,046,421 | 926,840 | (4,442,582) | 484,240 | (786,749) | 410,433 | 101,784 | 17,228,170 |
Global Shareholder Yield | 747,546 | 9,492,599 | 428,183 | (1,866,471) | 289,095 | (598,829) | 130,462 | 161,150 | 7,744,577 |
Health Sciences | 1,847,792 | 8,505,415 | 1,214,479 | (1,359,867) | (30,338) | 262,542 | — | 325,516 | 8,592,231 |
High Yield | 7,293,628 | 19,737,044 | 6,713,686 | (1,519,516) | (27,515) | (397,110) | 600,261 | — | 24,506,589 |
International Dynamic Growth | 357,779 | 5,112,807 | 1,490,171 | (3,314,350) | 370,204 | 140,781 | 18,604 | — | 3,799,613 |
International Growth | 785,279 | 16,370,252 | 7,239,370 | (1,288,745) | 62,457 | (474,045) | 141,455 | — | 21,909,289 |
International Growth Stock | — | 1,007,438 | — | (1,022,568) | 290,827 | (275,697) | — | — | — |
International Small Cap | — | 1,989,643 | — | (2,054,178) | 1,129,140 | (1,064,605) | — | — | — |
International Small Company | 2,020,179 | 18,022,473 | 4,875,589 | (2,406,502) | 19,054 | (935,081) | 426,660 | 423,758 | 19,575,533 |
Mid Cap Stock | 1,249,762 | 30,629,094 | 6,092,611 | (8,755,165) | 600,134 | (3,196,509) | — | 3,719,499 | 25,370,165 |
Mid Value | 1,775,976 | 34,089,445 | 1,572,412 | (10,979,942) | (330,268) | 263,387 | 556,579 | 386,366 | 24,615,034 |
Real Return Bond | — | 2,386,930 | — | (2,353,472) | 155,561 | (189,019) | — | — | — |
Science & Technology | 2,262,609 | 9,642,617 | 1,376,951 | (2,359,741) | (595,818) | 601,785 | — | 848,059 | 8,665,794 |
Short Duration Bond | 1,693,275 | — | 18,049,904 | (1,103,222) | 2,276 | 68,456 | — | — | 17,017,414 |
Short Duration Credit Opportunities | 2,409,721 | 24,942,157 | 2,139,822 | (4,138,973) | (21,893) | 43,530 | 443,858 | — | 22,964,643 |
Small Cap Growth | 269,670 | 14,103,818 | 892,091 | (11,011,049) | 478,033 | (158,966) | — | — | 4,303,927 |
Small Cap Value | 226,221 | 14,307,810 | 1,038,117 | (11,665,323) | 625,821 | (245,758) | 128,955 | 443,879 | 4,060,667 |
Spectrum Income | — | 6,561,156 | 6,060 | (6,555,820) | 685,029 | (696,425) | 6,060 | — | — |
Strategic Equity Allocation | 23,170,249 | 289,563,836 | 14,526,866 | (48,462,257) | 6,042,590 | (9,115,323) | 6,218,183 | 3,084,695 | 252,555,712 |
Strategic Income Opportunities | 6,260,744 | 70,961,924 | 7,582,431 | (11,896,685) | 21,810 | 195,267 | 892,586 | — | 66,864,747 |
U.S. High Yield Bond | 712,731 | 6,594,492 | 1,897,550 | (518,600) | (16,808) | (137,973) | 200,870 | — | 7,818,661 |
Value Equity | — | 1,150,733 | — | (1,174,479) | 187,912 | (164,166) | — | — | — |
$13,340,037 | $(35,880,542) | $18,979,096 | $23,254,456 | $1,037,448,657 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 99 |
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 |
Multimanager 2020 Lifetime Portfolio | |||||||||
Absolute Return Currency | 813,979 | $13,665,261 | $349,628 | $(6,579,608) | $(15,038) | $125,345 | $233,544 | — | $7,545,588 |
Alternative Risk Premia | 771,573 | — | 7,797,916 | (79,862) | (2,572) | (323,815) | 2,890 | — | 7,391,667 |
Asia Pacific Total Return Bond | — | 9,279,445 | 765,252 | (10,091,150) | 272,317 | (225,864) | 359,608 | — | — |
Blue Chip Growth | 189,127 | 16,031,980 | 604,042 | (9,690,711) | 2,600,329 | (1,577,738) | — | $231,951 | 7,967,902 |
Bond | 4,452,582 | 68,763,384 | 11,965,296 | (7,874,140) | 90,067 | 790,151 | 1,228,239 | 444,503 | 73,734,758 |
Capital Appreciation | 156,930 | 9,796,142 | 1,129,078 | (8,938,521) | 3,861,005 | (3,410,588) | 1,281 | 961,880 | 2,437,116 |
Capital Appreciation Value | 3,417,217 | 38,171,341 | 6,033,273 | (4,346,385) | 334,693 | (3,321,151) | 619,442 | 3,324,009 | 36,871,771 |
Core Bond | 4,778,205 | 62,602,997 | 8,962,988 | (7,337,348) | 91,047 | 520,552 | 952,504 | 564,268 | 64,840,236 |
Disciplined Value | 58,493 | 11,409,741 | 694,406 | (11,362,700) | 2,241,472 | (1,929,459) | 165,783 | 480,173 | 1,053,460 |
Disciplined Value International | 989,014 | 14,495,747 | 1,344,788 | (4,735,177) | (203,363) | (12,946) | 385,241 | — | 10,889,049 |
Diversified Real Assets | 4,533,737 | 17,755,649 | 28,111,948 | (1,781,179) | (3,040) | (5,501,278) | 492,719 | 277,020 | 38,582,100 |
Emerging Markets Debt | 3,237,300 | 34,936,198 | 848,630 | (5,676,913) | �� (187,313) | 930,872 | 587,626 | — | 30,851,474 |
Emerging Markets Equity | 1,221,014 | 15,012,605 | 1,203,425 | (3,915,313) | 39,836 | 675,452 | 358,832 | — | 13,016,005 |
Equity Income | 540,972 | 18,120,690 | 2,137,894 | (10,685,568) | 1,016,594 | (1,679,809) | 292,386 | 1,003,925 | 8,909,801 |
Financial Industries | 317,027 | 6,052,323 | 630,713 | (965,369) | 158,003 | (479,876) | 94,513 | 363,632 | 5,395,794 |
Floating Rate Income | 1,489,455 | 19,738,308 | 1,151,704 | (8,567,735) | (169,235) | (28,881) | 469,085 | — | 12,124,161 |
Fundamental Global Franchise | 1,271,642 | 14,019,823 | 2,150,493 | (1,016,388) | 19,859 | (1,770,675) | 113,077 | 768,617 | 13,403,112 |
Fundamental Large Cap Core | 187,824 | 10,516,076 | 478,159 | (2,414,202) | 191,705 | 84,166 | 85,836 | — | 8,855,904 |
Global Equity | 1,213,143 | 14,185,018 | 1,570,745 | (1,840,623) | 157,988 | (582,979) | 270,790 | 67,154 | 13,490,149 |
Global Shareholder Yield | 641,850 | 6,986,542 | 789,990 | (779,445) | 113,967 | (461,484) | 94,851 | 115,974 | 6,649,570 |
Health Sciences | 1,096,519 | 4,561,084 | 1,495,245 | (1,043,110) | (17,575) | 103,170 | — | 170,727 | 5,098,814 |
High Yield | 5,993,761 | 15,913,667 | 5,851,414 | (1,272,765) | (13,871) | (339,406) | 485,086 | — | 20,139,039 |
International Dynamic Growth | 418,559 | 2,498,878 | 2,344,794 | (380,717) | 19,381 | (37,235) | 8,711 | — | 4,445,101 |
International Growth | 253,652 | 7,963,208 | 444,193 | (1,453,216) | 243,553 | (120,850) | 66,935 | — | 7,076,888 |
International Growth Stock | — | 454,488 | — | (461,312) | 131,529 | (124,705) | — | — | — |
International Small Cap | — | 937,266 | — | (967,661) | 549,296 | (518,901) | — | — | — |
International Small Company | 1,028,383 | 8,930,072 | 2,760,100 | (1,230,302) | 24,964 | (519,805) | 206,028 | 204,627 | 9,965,029 |
Mid Cap Stock | 583,057 | 15,590,124 | 2,739,915 | (5,260,878) | 756,731 | (1,989,836) | — | 1,847,484 | 11,836,056 |
Mid Value | 823,417 | 17,380,132 | 681,813 | (6,738,793) | 37,995 | 51,411 | 277,130 | 192,378 | 11,412,558 |
100 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Real Return Bond | — | $2,009,605 | — | $(1,981,614) | $132,229 | $(160,220) | — | — | — |
Science & Technology | 1,344,988 | 4,720,550 | $1,531,263 | (1,052,289) | (258,919) | 210,700 | — | $405,459 | $5,151,305 |
Short Duration Bond | 2,292,213 | 7,749,623 | 16,774,576 | (1,591,795) | 2,665 | 101,668 | $92,215 | — | 23,036,737 |
Short Duration Credit Opportunities | 1,731,982 | 19,553,815 | 1,385,172 | (4,464,168) | (39,810) | 70,780 | 341,442 | — | 16,505,789 |
Small Cap Growth | 189,605 | 7,478,221 | 340,867 | (4,867,688) | 128,797 | (54,104) | — | — | 3,026,093 |
Small Cap Value | 160,144 | 7,681,168 | 468,628 | (5,368,273) | 301,415 | (208,359) | 67,611 | 232,725 | 2,874,579 |
Spectrum Income | — | 5,763,058 | 5,334 | (5,758,466) | 792,753 | (802,679) | 5,334 | — | — |
Strategic Equity Allocation | 11,939,865 | 151,524,648 | 8,177,361 | (28,139,933) | 3,595,961 | (5,013,509) | 3,189,588 | 1,582,279 | 130,144,528 |
Strategic Income Opportunities | 4,465,019 | 55,272,107 | 5,159,367 | (12,959,957) | 88,712 | 126,178 | 680,853 | — | 47,686,407 |
U.S. High Yield Bond | 580,767 | 5,308,432 | 1,630,424 | (441,510) | (4,089) | (122,244) | 160,659 | — | 6,371,013 |
Value Equity | — | 585,032 | — | (597,137) | 100,002 | (87,897) | — | — | — |
$17,180,040 | $(27,615,848) | $12,389,839 | $13,238,785 | $668,779,553 | |||||
Multimanager 2015 Lifetime Portfolio | |||||||||
Absolute Return Currency | 330,709 | $5,441,348 | $122,645 | $(2,542,583) | $42,861 | $1,401 | $95,497 | — | $3,065,672 |
Alternative Risk Premia | 312,867 | — | 3,245,713 | (116,337) | (1,076) | (131,033) | 1,180 | — | 2,997,267 |
Asia Pacific Total Return Bond | — | 4,782,290 | 430,129 | (5,238,662) | 190,962 | (164,719) | 177,888 | — | — |
Blue Chip Growth | 52,239 | 4,992,154 | 323,453 | (3,443,173) | 716,864 | (388,468) | — | $69,093 | 2,200,830 |
Bond | 1,946,197 | 33,276,371 | 4,994,607 | (6,397,176) | 67,512 | 287,712 | 571,797 | 205,015 | 32,229,026 |
Capital Appreciation | 45,608 | 2,775,467 | 363,333 | (2,556,141) | 990,750 | (865,123) | 348 | 260,968 | 708,286 |
Capital Appreciation Value | 1,256,722 | 14,608,354 | 2,506,292 | (2,473,505) | 129,212 | (1,210,321) | 228,457 | 1,225,932 | 13,560,032 |
Core Bond | 2,083,754 | 30,376,659 | 3,649,701 | (5,962,715) | 76,843 | 136,059 | 452,828 | 262,846 | 28,276,547 |
Disciplined Value | — | 3,148,157 | 324,079 | (3,605,346) | 941,782 | (808,672) | 44,143 | 127,857 | — |
Disciplined Value International | 315,455 | 3,625,990 | 646,271 | (651,715) | (37,774) | (109,610) | 96,438 | — | 3,473,162 |
Diversified Real Assets | 1,699,597 | 5,966,467 | 12,053,996 | (1,486,330) | (19,212) | (2,051,349) | 160,311 | 90,132 | 14,463,572 |
Emerging Markets Debt | 1,289,587 | 14,992,204 | 491,803 | (3,529,424) | (77,410) | 412,598 | 252,672 | — | 12,289,771 |
Emerging Markets Equity | 250,816 | 3,763,895 | 370,554 | (1,679,519) | 100,114 | 118,657 | 86,502 | — | 2,673,701 |
Equity Income | 174,264 | 5,431,999 | 841,331 | (3,184,207) | 256,281 | (475,282) | 84,493 | 287,010 | 2,870,122 |
Financial Industries | — | 1,156,846 | 83,785 | (1,306,596) | 167,819 | (101,854) | 17,285 | 66,501 | — |
Floating Rate Income | 785,771 | 8,712,495 | 426,792 | (2,628,316) | (10,534) | (104,258) | 212,598 | — | 6,396,179 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 101 |
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 |
Fundamental Global Franchise | 475,065 | $5,453,937 | $1,073,876 | $(872,384) | $13,789 | $(662,036) | $42,448 | $288,532 | $5,007,182 |
Fundamental Large Cap Core | 53,732 | 2,381,859 | 786,874 | (621,893) | 24,971 | (38,361) | 18,758 | — | 2,533,450 |
Global Equity | 444,929 | 5,431,822 | 819,834 | (1,164,640) | 101,703 | (241,114) | 99,175 | 24,594 | 4,947,605 |
Global Shareholder Yield | 284,034 | 3,138,485 | 374,750 | (421,978) | 61,240 | (209,901) | 42,629 | 51,752 | 2,942,596 |
Health Sciences | — | 738,626 | 74,388 | (895,147) | 87,650 | (5,517) | — | 26,537 | — |
High Yield | 2,383,304 | 6,727,834 | 2,328,189 | (911,231) | (3,226) | (133,665) | 199,158 | — | 8,007,901 |
International Dynamic Growth | 115,284 | 727,310 | 688,353 | (194,661) | 6,330 | (3,017) | 2,555 | — | 1,224,315 |
International Growth | 87,324 | 2,324,250 | 550,080 | (438,798) | 20,118 | (19,312) | 19,431 | — | 2,436,338 |
International Growth Stock | — | 142,102 | — | (144,229) | 41,242 | (39,115) | — | — | — |
International Small Cap | — | 271,126 | — | (279,953) | 69,768 | (60,941) | — | — | — |
International Small Company | 316,177 | 2,767,411 | 1,052,553 | (606,358) | 13,924 | (163,776) | 61,148 | 60,732 | 3,063,754 |
Mid Cap Stock | 147,124 | 4,611,016 | 977,774 | (2,287,552) | 627,696 | (942,307) | — | 525,820 | 2,986,627 |
Mid Value | 209,196 | 5,290,543 | 498,811 | (2,980,719) | 240,413 | (149,590) | 80,943 | 56,189 | 2,899,458 |
Real Return Bond | — | 880,541 | — | (868,153) | 58,287 | (70,675) | — | — | — |
Science & Technology | — | 892,133 | 124,071 | (1,070,343) | 63,878 | (9,739) | — | 73,452 | — |
Short Duration Bond | 1,276,694 | 3,661,196 | 10,124,338 | (1,011,254) | 763 | 55,730 | 43,081 | — | 12,830,773 |
Short Duration Credit Opportunities | 695,371 | 7,993,827 | 634,191 | (2,011,830) | (21,314) | 32,012 | 136,994 | — | 6,626,886 |
Small Cap Growth | 45,270 | 2,021,683 | 193,163 | (1,520,402) | 33,410 | (5,349) | — | — | 722,505 |
Small Cap Value | 38,397 | 2,063,873 | 241,768 | (1,656,515) | 108,295 | (68,196) | 17,369 | 59,787 | 689,225 |
Spectrum Income | — | 2,300,022 | 2,132 | (2,298,097) | 446,274 | (450,331) | 2,133 | — | — |
Strategic Equity Allocation | 3,630,198 | 48,773,515 | 4,566,020 | (13,571,865) | 1,548,824 | (1,747,340) | 980,104 | 486,207 | 39,569,154 |
Strategic Income Opportunities | 1,795,482 | 22,593,840 | 2,169,464 | (5,669,143) | 146,150 | (64,559) | 273,460 | — | 19,175,752 |
U.S. High Yield Bond | 232,630 | 2,246,687 | 647,582 | (292,222) | 4,643 | (54,743) | 66,417 | — | 2,551,947 |
Value Equity | — | 165,854 | — | (169,265) | 29,389 | (25,978) | — | — | — |
$7,259,211 | $(10,532,082) | $4,568,240 | $4,248,956 | $243,419,635 | |||||
Multimanager 2010 Lifetime Portfolio | |||||||||
Absolute Return Currency | 241,661 | $3,933,171 | $106,442 | $(1,833,047) | $3,354 | $30,277 | $67,603 | — | $2,240,197 |
Alternative Risk Premia | 226,709 | — | 2,280,955 | (14,134) | (49) | (94,904) | 834 | — | 2,171,868 |
Asia Pacific Total Return Bond | — | 3,262,195 | 290,892 | (3,570,915) | 123,918 | (106,090) | 121,003 | — | — |
Blue Chip Growth | 12,510 | 2,400,038 | 233,367 | (2,312,140) | 845,740 | (639,947) | — | $33,885 | 527,058 |
102 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Bond | 1,407,583 | $24,045,679 | $3,313,961 | $(4,300,017) | $41,613 | $208,346 | $407,867 | $146,832 | $23,309,582 |
Capital Appreciation | — | 1,285,128 | 217,157 | (1,583,636) | 698,455 | (617,104) | 164 | 123,244 | — |
Capital Appreciation Value | 797,532 | 8,507,665 | 2,098,763 | (1,326,550) | 99,958 | (774,465) | 135,333 | 726,216 | 8,605,371 |
Core Bond | 1,542,999 | 22,304,841 | 2,469,631 | (3,990,922) | 49,184 | 105,757 | 329,938 | 192,184 | 20,938,491 |
Disciplined Value | — | 2,134,725 | 271,761 | (2,498,328) | 519,270 | (427,428) | 30,158 | 87,351 | — |
Disciplined Value International | 196,003 | 1,181,693 | 1,380,096 | (230,744) | (13,286) | (159,761) | 32,786 | — | 2,157,998 |
Diversified Real Assets | 1,112,044 | 3,432,188 | 8,120,127 | (748,062) | (4,875) | (1,335,887) | 92,734 | 52,138 | 9,463,491 |
Emerging Markets Debt | 881,579 | 9,877,256 | 302,236 | (1,976,668) | (68,497) | 267,126 | 163,490 | — | 8,401,453 |
Emerging Markets Equity | 58,304 | 1,703,689 | 220,872 | (1,462,951) | 147,828 | 12,079 | 39,528 | — | 621,517 |
Equity Income | 31,001 | 3,738,795 | 563,742 | (3,849,926) | 496,033 | (438,060) | 58,467 | 199,505 | 510,584 |
Floating Rate Income | 665,694 | 5,731,522 | 643,704 | (855,711) | (4,814) | (95,951) | 152,395 | — | 5,418,750 |
Fundamental Global Franchise | 259,122 | 2,731,443 | 759,928 | (413,751) | 244 | (346,720) | 21,415 | 145,566 | 2,731,144 |
Fundamental Large Cap Core | 23,945 | 1,663,460 | 188,596 | (802,339) | 68,785 | 10,495 | 13,217 | — | 1,128,997 |
Global Equity | 308,157 | 3,438,438 | 822,755 | (716,936) | 53,243 | (170,794) | 63,755 | 15,811 | 3,426,706 |
Global Shareholder Yield | 227,446 | 2,325,859 | 471,183 | (312,187) | 47,535 | (176,045) | 31,378 | 38,191 | 2,356,345 |
High Yield | 1,624,456 | 4,407,985 | 1,628,250 | (483,001) | (912) | (94,151) | 130,607 | — | 5,458,171 |
International Dynamic Growth | 35,692 | 377,365 | 179,400 | (207,810) | 16,042 | 14,049 | 1,390 | — | 379,046 |
International Growth | 67,581 | 1,204,287 | 1,009,400 | (277,706) | 7,755 | (58,219) | 10,565 | — | 1,885,517 |
International Growth Stock | — | 73,650 | — | (74,753) | 21,472 | (20,369) | — | — | — |
International Small Cap | — | 130,717 | — | (134,970) | 30,941 | (26,688) | — | — | — |
International Small Company | 178,403 | 1,287,031 | 838,099 | (290,546) | 6,144 | (112,004) | 28,683 | 28,487 | 1,728,724 |
Mid Cap Stock | 59,014 | 2,158,464 | 545,269 | (1,372,792) | 293,322 | (426,276) | — | 248,484 | 1,197,987 |
Mid Value | 82,501 | 2,743,592 | 363,026 | (2,051,580) | 154,932 | (66,502) | 42,580 | 29,558 | 1,143,468 |
Real Return Bond | — | 616,380 | — | (607,773) | 41,948 | (50,555) | — | — | — |
Short Duration Bond | 1,124,009 | 3,234,540 | 8,613,355 | (600,241) | 72 | 48,567 | 37,843 | — | 11,296,293 |
Short Duration Credit Opportunities | 492,486 | 5,352,312 | 393,938 | (1,057,781) | (15,816) | 20,743 | 91,938 | — | 4,693,396 |
Small Cap Growth | 15,325 | 649,735 | 83,206 | (496,203) | 18,216 | (10,370) | — | — | 244,584 |
Small Cap Value | 13,004 | 904,068 | 140,266 | (841,213) | 52,857 | (22,557) | 7,754 | 26,690 | 233,421 |
Spectrum Income | — | 1,495,051 | 1,381 | (1,493,807) | 288,712 | (291,337) | 1,381 | — | — |
Strategic Equity Allocation | 2,008,524 | 26,425,595 | 2,965,538 | (7,367,402) | 792,045 | (922,865) | 539,743 | 267,753 | 21,892,911 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | 103 |
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 |
Strategic Income Opportunities | 1,270,292 | $15,207,552 | $1,417,206 | $(3,104,379) | $86,732 | $(40,395) | $184,082 | — | $13,566,716 |
U.S. High Yield Bond | 158,506 | 1,469,995 | 459,480 | (156,745) | 4,793 | (38,709) | 43,225 | — | 1,738,814 |
Value Equity | — | 74,170 | — | (75,683) | 15,643 | (14,130) | — | — | — |
$4,918,537 | $(6,860,844) | $2,881,856 | $2,361,895 | $159,468,600 |
104 | JOHN HANCOCK MULTIMANAGER LIFETIME PORTFOLIOS | SEMIANNUAL REPORT |
Trustees Hassell H. McClellan,Chairperson Officers Andrew G. Arnott Francis V. Knox, Jr. Charles A. Rizzo Salvatore Schiavone Christopher (Kit) Sechler | Investment advisor John Hancock Investment Management LLC Subadvisor Manulife Investment Management (US) LLC Portfolio Managers Robert E. Sykes, CFA Principal distributor John Hancock Investment Management Distributors LLC Custodian State Street Bank and Trust Company Transfer agent John Hancock Signature Services, Inc. Legal counsel K&L Gates LLP |
* Member of the Audit Committee
† Non-Independent Trustee
The portfolios' proxy voting policies and procedures, as well as the portfolio proxy voting record for the most recent twelve-month period ended June 30, are available free of charge on the Securities and Exchange Commission (SEC) website at sec.gov or on our website.
All of the portfolios' holdings as of the end of the third month of every fiscal quarter are filed with the SEC on Form N-PORT within 60 days of the end of the fiscal quarter. The portfolios' Form N-PORT filings are available on our website and the SEC's website, sec.gov.
We make this information on your portfolio, as well asmonthly portfolio holdings, and other portfolio details available on our website at jhinvestments.com or by calling 800-225-5291.
You can also contact us: | |||
800-225-5291 jhinvestments.com | Regular mail: John Hancock Signature Services, Inc. | Express mail: John Hancock Signature Services, Inc. |
John Hancock family of funds
DOMESTIC EQUITY FUNDS Blue Chip Growth Classic Value Disciplined Value Disciplined Value Mid Cap Equity Income Financial Industries Fundamental All Cap Core Fundamental Large Cap Core New Opportunities Regional Bank Small Cap Core Small Cap Growth Small Cap Value U.S. Global Leaders Growth U.S. Quality Growth GLOBAL AND INTERNATIONAL EQUITY FUNDS Disciplined Value International Emerging Markets Emerging Markets Equity Fundamental Global Franchise Global Equity Global Shareholder Yield Global Thematic Opportunities International Dynamic Growth International Growth International Small Company | INCOME FUNDS Bond California Tax-Free Income Emerging Markets Debt Floating Rate Income Government Income High Yield High Yield Municipal Bond Income Investment Grade Bond Money Market Short Duration Bond Short Duration Credit Opportunities Strategic Income Opportunities Tax-Free Bond ALTERNATIVE AND SPECIALTY FUNDS Absolute Return Currency Alternative Asset Allocation Alternative Risk Premia Diversified Macro Infrastructure Multi-Asset Absolute Return Seaport Long/Short |
ASSET ALLOCATION Balanced Income Allocation Multi-Index Lifetime Portfolios Multi-Index Preservation Portfolios Multimanager Lifestyle Portfolios Multimanager Lifetime Portfolios Retirement Income 2040 EXCHANGE-TRADED FUNDS John Hancock Multifactor Consumer Discretionary ETF John Hancock Multifactor Consumer Staples ETF John Hancock Multifactor Developed International ETF John Hancock Multifactor Emerging Markets ETF John Hancock Multifactor Energy ETF John Hancock Multifactor Financials ETF John Hancock Multifactor Healthcare ETF John Hancock Multifactor Industrials ETF John Hancock Multifactor Large Cap ETF John Hancock Multifactor Materials ETF John Hancock Multifactor Media and John Hancock Multifactor Mid Cap ETF John Hancock Multifactor Small Cap ETF John Hancock Multifactor Technology ETF John Hancock Multifactor Utilities ETF | ENVIRONMENTAL, SOCIAL, AND ESG All Cap Core ESG Core Bond ESG International Equity ESG Large Cap Core CLOSED-END FUNDS Financial Opportunities Hedged Equity & Income Income Securities Trust Investors Trust Preferred Income Preferred Income II Preferred Income III Premium Dividend Tax-Advantaged Dividend Income Tax-Advantaged Global Shareholder Yield |
John Hancock Multifactor ETF shares are bought and sold at market price (not NAV), and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP. Foreside is not affiliated with John Hancock Investment Management Distributors LLC or Dimensional Fund Advisors LP.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the John Hancock Dimensional indexes. Dimensional Fund Advisors LP does not sponsor, endorse, or sell, and makes no representation as to the advisability of investing in, John Hancock Multifactor ETFs.
John Hancock Investment Management
A trusted brand
John Hancock Investment Management is a premier asset manager representing one of America's most
trusted brands, with a heritage of financial stewardship dating back to 1862. Helping our shareholders
pursue their financial goals is at the core of everything we do. It's why we support the role of professional
financial advice and operate with the highest standards of conduct and integrity.
A better way to invest
We serve investors globally through a unique multimanager approach: We search the world to find
proven portfolio teams with specialized expertise for every strategy we offer, then we apply robust
investment oversight to ensure they continue to meet our uncompromising standards and serve the
best interests of our shareholders.
Results for investors
Our unique approach to asset management enables us to provide a diverse set of investments backed
by some of the world's best managers, along with strong risk-adjusted returns across asset classes.
John Hancock Investment Management Distributors LLC n Member FINRA, SIPC
200 Berkeley Street n Boston, MA 02116-5010 n 800-225-5291 n jhinvestments.com
This report is for the information of the shareholders of John Hancock Multimanager Lifetime Portfolios. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
MF1105640 | LCSA 2/20 4/20 |
ITEM 2. CODE OF ETHICS.
(a) | Not Applicable |
(b) | Not Applicable |
(c) | Not Applicable |
(d) | Not Applicable |
(e) | Not Applicable |
(f) | Not Applicable |
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Not Applicable
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) | Not Applicable |
(b) | Not Applicable |
(c) | Not Applicable |
(d) | Not Applicable |
(e) | Not Applicable |
(f) | Not Applicable. |
(g) | Not Applicable |
(h) | Not Applicable |
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS
Not Applicable.
ITEM 6. SCHEDULE OF INVESTMENTS.
(a) | Included with Item 1. |
(b) | Not Applicable. |
ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not Applicable.
ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not Applicable.
ITEM 9. PURCHASE OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANIES AND AFFILIATED PURCHASERS.
Not Applicable.
ITEM 10. SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS.
Not Applicable.
ITEM 11. CONTROLS AND PROCEDURES.
(a) | EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES. The Registrant maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in this Form N-CSR is recorded, processed, summarized and reported within the periods specified in the rules and forms of the Securities and Exchange Commission. Such disclosure controls and procedures include controls and procedures designed to ensure that such information is accumulated and communicated to the Registrant's management, including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure. |
Within 90 days prior to the filing date of this Form N-CSR, the Registrant had carried out an evaluation, under the supervision and with the participation of the Registrant's management, including the Registrant's principal executive officer and the Registrant's principal financial officer, of the effectiveness of the design and operation of the Registrant's disclosure controls and procedures relating to information required to be disclosed on Form N-CSR. Based on such evaluation, the Registrant's principal executive officer and principal financial officer concluded that the Registrant's disclosure controls and procedures are operating effectively to ensure that:
(i) information required to be disclosed in this Form N-CSR is recorded, processed, summarized and reported within the periods specified in the rules and forms of the Securities and Exchange Commission, and
(ii) information is accumulated and communicated to the Registrant’s management, including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.
(b) CHANGE IN REGISTRANT’S INTERNAL CONTROL: Not Applicable.
ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 13. EXHIBITS.
(a)(1) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002 and Rule 30a-2(a) under the Investment Company Act of 1940, are attached.
(b)(1) Separate certifications for the registrant's principal executive officer and principal financial officer, as required by 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and Rule 30a-2(b) under the Investment Company Act of 1940, are attached. The certifications furnished pursuant to this paragraph are not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section. Such certifications are not deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent that the Registrant specifically incorporates them by reference.
(c)(1) Submission of Matters to a Vote of Security Holders is attached. See attached “John Hancock Funds – Nominating and Governance Committee Charter”.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
JOHN HANCOCK FUNDS II
/s/ Andrew Arnott
_______________________________
Andrew Arnott
President
Date: April 7, 2020
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
/s/ Andrew Arnott
_______________________________
Andrew Arnott
President
Date: April 7, 2020
/s/ Charles A. Rizzo
_________________________________
Charles A. Rizzo
Chief Financial Officer
Date: April 7, 2020