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) 543-9634
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Date of fiscal year end: 8/31
Date of reporting period: 2/28/22
ITEM 1. REPORTS TO STOCKHOLDERS.
The Registrant prepared the following eight semiannual reports to shareholders for the period ended February 28, 2022:
•Emerging Markets Fund
•Multi-Asset High Income Fund
•Emerging Markets Debt Fund
•New Opportunities Fund
•Strategic Income Opportunities Fund
•Floating Rate Income Fund
•Opportunistic Fixed Income Fund
•John Hancock Funds II - Underlying Funds Capital Appreciation Fund
Capital Appreciation Value Fund Core Bond Fund
Health Sciences Fund High Yield Fund
International Strategic Equity Allocation Fund Mid Value Fund
Science & Technology Fund Strategic Equity Allocation Fund U.S. Sector Rotation Fund
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 1 |
2 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT |
TOP 10 HOLDINGS AS OF 2/28/2022 (% of net assets) | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 4.7 |
Samsung Electronics Company, Ltd. | 3.5 |
Tencent Holdings, Ltd. | 3.2 |
China Construction Bank Corp., H Shares | 1.1 |
Alibaba Group Holding, Ltd., ADR | 1.0 |
Vale SA | 1.0 |
Ping An Insurance Group Company of China, Ltd., H Shares | 1.0 |
Infosys, Ltd. | 0.8 |
SK Hynix, Inc. | 0.7 |
Reliance Industries, Ltd. | 0.6 |
TOTAL | 17.6 |
Cash and cash equivalents are not included. |
SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 3 |
TOP 10 COUNTRIES AS OF 2/28/2022 (% of net assets) | |
China | 25.7 |
Taiwan | 16.6 |
India | 13.2 |
South Korea | 13.2 |
Brazil | 4.9 |
South Africa | 4.0 |
Hong Kong | 3.9 |
Saudi Arabia | 3.0 |
Mexico | 2.8 |
Thailand | 2.2 |
TOTAL | 89.5 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT |
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 A | -8.40 | 4.72 | 2.20 | -10.50 | 25.93 | 24.34 | |
Class C1 | -5.23 | 5.03 | 2.30 | -7.02 | 27.84 | 25.49 | |
Class I2 | -3.30 | 6.10 | 3.06 | -5.63 | 34.44 | 35.13 | |
Class R62 | -3.19 | 6.21 | 3.15 | -5.60 | 35.15 | 36.41 | |
Class NAV2 | -3.24 | 6.22 | 3.19 | -5.65 | 35.20 | 36.84 | |
Index† | -10.69 | 6.99 | 3.24 | -9.81 | 40.21 | 37.60 |
Class A | Class C | Class I | Class R6 | Class NAV | |
Gross (%) | 1.45 | 2.15 | 1.15 | 1.04 | 1.03 |
Net (%) | 1.44 | 2.14 | 1.14 | 1.03 | 1.02 |
SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 5 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 2-29-12 | 12,549 | 12,549 | 13,760 |
Class I2 | 2-29-12 | 13,513 | 13,513 | 13,760 |
Class R62 | 2-29-12 | 13,641 | 13,641 | 13,760 |
Class NAV2 | 2-29-12 | 13,684 | 13,684 | 13,760 |
1 | Class C shares were first offered on 6-27-14. 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. |
6 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 7 |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $942.20 | $6.79 | 1.41% |
Hypothetical example | 1,000.00 | 1,017.80 | 7.05 | 1.41% | |
Class C | Actual expenses/actual returns | 1,000.00 | 939.10 | 10.14 | 2.11% |
Hypothetical example | 1,000.00 | 1,014.30 | 10.54 | 2.11% | |
Class I | Actual expenses/actual returns | 1,000.00 | 943.70 | 5.35 | 1.11% |
Hypothetical example | 1,000.00 | 1,019.30 | 5.56 | 1.11% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 944.00 | 4.87 | 1.01% |
Hypothetical example | 1,000.00 | 1,019.80 | 5.06 | 1.01% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 943.50 | 4.82 | 1.00% |
Hypothetical example | 1,000.00 | 1,019.80 | 5.01 | 1.00% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
8 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT |
Shares | Value | % of Net Assets | ||||
Common stocks 98.1% | $185,276,185 | |||||
(Cost $145,488,449) | ||||||
Australia 0.0% | 40,570 | 0.0% | ||||
Belgium 0.0% | 18,978 | 0.0% | ||||
Brazil 3.8% | 7,210,884 | 3.8% | ||||
Petroleo Brasileiro SA | 106,544 | 757,572 | 0.4% | |||
Vale SA | 98,170 | 1,821,415 | 1.0% | |||
OTHER SECURITIES | 4,631,897 | 2.4% | ||||
Chile 0.6% | 1,056,419 | 0.6% | ||||
China 25.7% | 48,522,616 | 25.7% | ||||
Alibaba Group Holding, Ltd. (A) | 77,300 | 1,017,568 | 0.6% | |||
Alibaba Group Holding, Ltd., ADR (A) | 17,741 | 1,866,176 | 1.0% | |||
Aowei Holdings, Ltd. (A)(B) | 9,116,000 | 618,263 | 0.3% | |||
Baidu, Inc., ADR (A) | 2,984 | 454,881 | 0.3% | |||
Baidu, Inc., Class A (A) | 2,600 | 49,077 | 0.0% | |||
Bank of China, Ltd., H Shares | 1,638,075 | 637,706 | 0.4% | |||
China Construction Bank Corp., H Shares | 2,601,000 | 1,950,659 | 1.1% | |||
China Merchants Bank Company, Ltd., H Shares | 107,961 | 910,037 | 0.5% | |||
CSPC Pharmaceutical Group, Ltd. | 327,680 | 388,420 | 0.2% | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 1,260,000 | 752,163 | 0.4% | |||
JD.com, Inc., ADR (A) | 6,817 | 488,302 | 0.3% | |||
JD.com, Inc., Class A (A) | 5,238 | 187,102 | 0.1% | |||
Kweichow Moutai Company, Ltd., Class A | 1,600 | 455,437 | 0.3% | |||
Li Ning Company, Ltd. | 41,500 | 414,509 | 0.2% | |||
Meituan, Class B (A)(C) | 21,300 | 473,183 | 0.3% | |||
NetEase, Inc., ADR | 6,828 | 650,982 | 0.4% | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 228,500 | 1,771,713 | 1.0% | |||
Tencent Holdings, Ltd. | 110,000 | 5,935,745 | 3.2% | |||
Xiaomi Corp., Class B (A)(C) | 300,400 | 565,418 | 0.3% | |||
Yum China Holdings, Inc. | 9,823 | 510,992 | 0.3% | |||
OTHER SECURITIES | 28,424,283 | 14.5% | ||||
Colombia 0.1% | 255,036 | 0.1% |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 9 |
Shares | Value | % of Net Assets | ||||
Czech Republic 0.1% | $194,744 | 0.1% | ||||
Egypt 0.0% | 78,364 | 0.0% | ||||
Greece 0.3% | 549,669 | 0.3% | ||||
Hong Kong 3.9% | 7,374,626 | 3.9% | ||||
China Mengniu Dairy Company, Ltd. (A) | 62,000 | 403,150 | 0.2% | |||
China Overseas Land & Investment, Ltd. | 135,500 | 413,704 | 0.2% | |||
China Resources Land, Ltd. | 116,444 | 566,419 | 0.3% | |||
OTHER SECURITIES | 5,991,353 | 3.2% | ||||
Hungary 0.2% | 325,914 | 0.2% | ||||
India 13.2% | 25,003,432 | 13.2% | ||||
Bharti Airtel, Ltd. (A) | 48,020 | 438,789 | 0.3% | |||
HDFC Bank, Ltd. | 54,469 | 1,035,821 | 0.6% | |||
Housing Development Finance Corp., Ltd. | 15,093 | 476,492 | 0.3% | |||
ICICI Bank, Ltd. | 68,687 | 679,410 | 0.4% | |||
Infosys, Ltd. | 64,432 | 1,471,307 | 0.8% | |||
Reliance Industries, Ltd. | 35,449 | 1,113,843 | 0.6% | |||
Tata Consultancy Services, Ltd. | 16,480 | 779,797 | 0.4% | |||
OTHER SECURITIES | 19,007,973 | 9.8% | ||||
Indonesia 1.9% | 3,566,645 | 1.9% | ||||
Bank Central Asia Tbk PT | 789,500 | 445,725 | 0.3% | |||
OTHER SECURITIES | 3,120,920 | 1.6% | ||||
Malaysia 1.6% | 2,958,343 | 1.6% | ||||
Mexico 2.8% | 5,280,965 | 2.8% | ||||
America Movil SAB de CV, Series L | 475,298 | 432,110 | 0.2% | |||
Organizacion Soriana SAB de CV, Series B | 603,532 | 717,543 | 0.4% | |||
OTHER SECURITIES | 4,131,312 | 2.2% | ||||
Netherlands 0.0% | 12,673 | 0.0% | ||||
Peru 0.1% | 216,323 | 0.1% | ||||
Philippines 1.3% | 2,497,032 | 1.3% | ||||
Union Bank of the Philippines | 269,888 | 526,351 | 0.3% | |||
OTHER SECURITIES | 1,970,681 | 1.0% | ||||
Poland 0.7% | 1,369,368 | 0.7% | ||||
Qatar 0.8% | 1,588,850 | 0.8% | ||||
Qatar National Bank QPSC | 78,265 | 469,653 | 0.3% | |||
OTHER SECURITIES | 1,119,197 | 0.5% | ||||
Romania 0.1% | 81,122 | 0.1% |
10 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | % of Net Assets | ||||
Russia 0.3% | $498,719 | 0.3% | ||||
Saudi Arabia 3.0% | 5,708,896 | 3.0% | ||||
Al Rajhi Bank | 18,847 | 808,569 | 0.4% | |||
Saudi Basic Industries Corp. | 12,344 | 411,516 | 0.2% | |||
Saudi Telecom Company | 13,737 | 419,133 | 0.2% | |||
OTHER SECURITIES | 4,069,678 | 2.2% | ||||
Singapore 0.1% | 89,803 | 0.1% | ||||
South Africa 4.0% | 7,602,151 | 4.0% | ||||
FirstRand, Ltd. | 96,505 | 415,517 | 0.2% | |||
Impala Platinum Holdings, Ltd. | 23,518 | 448,591 | 0.2% | |||
MTN Group, Ltd. (A) | 59,570 | 743,586 | 0.4% | |||
Sibanye Stillwater, Ltd., ADR | 21,507 | 411,214 | 0.2% | |||
OTHER SECURITIES | 5,583,243 | 3.0% | ||||
South Korea 13.2% | 24,884,221 | 13.2% | ||||
KB Financial Group, Inc. | 7,951 | 392,258 | 0.2% | |||
LG Electronics, Inc. | 4,149 | 433,141 | 0.3% | |||
Samsung Electronics Company, Ltd. | 108,733 | 6,551,533 | 3.5% | |||
SK Hynix, Inc. | 12,123 | 1,263,878 | 0.7% | |||
OTHER SECURITIES | 16,243,411 | 8.5% | ||||
Spain 0.0% | 13,501 | 0.0% | ||||
Taiwan 16.6% | 31,302,580 | 16.6% | ||||
Evergreen Marine Corp. Taiwan, Ltd. | 74,182 | 389,697 | 0.2% | |||
Hon Hai Precision Industry Company, Ltd. | 161,352 | 599,352 | 0.3% | |||
MediaTek, Inc. | 19,000 | 750,801 | 0.4% | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 413,000 | 8,879,313 | 4.7% | |||
United Microelectronics Corp. | 210,468 | 396,596 | 0.2% | |||
OTHER SECURITIES | 20,286,821 | 10.8% | ||||
Thailand 2.2% | 4,225,251 | 2.2% | ||||
Turkey 0.4% | 750,379 | 0.4% | ||||
Ukraine 0.0% | 19,592 | 0.0% | ||||
United Arab Emirates 1.0% | 1,786,351 | 1.0% | ||||
United States 0.1% | 192,168 | 0.1% | ||||
Preferred securities 1.2% | $2,279,246 | |||||
(Cost $1,692,242) | ||||||
Brazil 1.1% | 2,027,271 | 1.1% | ||||
Petroleo Brasileiro SA | 142,938 | 939,597 | 0.5% | |||
OTHER SECURITIES | 1,087,674 | 0.6% |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 11 |
Shares | Value | % of Net Assets | ||||
Chile 0.1% | $145,540 | 0.1% | ||||
Colombia 0.0% | 68,006 | 0.0% | ||||
Philippines 0.0% | 9,953 | 0.0% | ||||
Taiwan 0.0% | 4,447 | 0.0% | ||||
Thailand 0.0% | 24,029 | 0.0% | ||||
Rights 0.0% | $2,989 | |||||
(Cost $0) | ||||||
Warrants 0.0% | $178 | |||||
(Cost $0) |
Yield (%) | Shares | Value | % of Net Assets | |||
Short-term investments 0.3% | $676,093 | |||||
(Cost $675,437) | ||||||
Short-term funds 0.3% | 676,093 | 0.3% | ||||
John Hancock Collateral Trust (D) | 0.0896 (E) | 67,599 | 676,093 | 0.3% |
Total investments (Cost $147,856,128) 99.6% | $188,234,691 | 99.6% | |||
Other assets and liabilities, net 0.4% | 664,811 | 0.4% | |||
Total net assets 100.0% | $188,899,502 | 100.0% |
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) | 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. |
(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. |
(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 2-28-22. |
12 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P 500 Index E-Mini Futures | 6 | Long | Mar 2022 | $1,402,124 | $1,310,400 | $(91,724) |
$(91,724) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 13 |
Assets | |
Unaffiliated investments, at value (Cost $147,180,691) including $1,410,572 of securities loaned | $187,558,598 |
Affiliated investments, at value (Cost $675,437) | 676,093 |
Total investments, at value (Cost $147,856,128) | 188,234,691 |
Cash | 569,199 |
Foreign currency, at value (Cost $1,172,105) | 1,169,918 |
Collateral held at broker for futures contracts | 64,800 |
Dividends and interest receivable | 382,985 |
Receivable for fund shares sold | 154,732 |
Receivable for investments sold | 433,292 |
Receivable for securities lending income | 3,237 |
Receivable from affiliates | 2,101 |
Other assets | 50,860 |
Total assets | 191,065,815 |
Liabilities | |
Payable for futures variation margin | 7,200 |
Foreign capital gains tax payable | 779,603 |
Payable for investments purchased | 419,129 |
Payable for fund shares repurchased | 64,928 |
Payable upon return of securities loaned | 694,337 |
Payable to affiliates | |
Accounting and legal services fees | 6,666 |
Transfer agent fees | 8,691 |
Trustees’ fees | 62 |
Other liabilities and accrued expenses | 185,697 |
Total liabilities | 2,166,313 |
Net assets | $188,899,502 |
Net assets consist of | |
Paid-in capital | $159,134,612 |
Total distributable earnings (loss) | 29,764,890 |
Net assets | $188,899,502 |
14 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Net asset value per share | |
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
Class A ($51,398,911 ÷ 4,220,382 shares)1 | $12.18 |
Class C ($1,743,421 ÷ 142,675 shares)1 | $12.22 |
Class I ($46,910,258 ÷ 3,857,903 shares) | $12.16 |
Class R6 ($905,584 ÷ 74,608 shares) | $12.14 |
Class NAV ($87,941,328 ÷ 7,236,558 shares) | $12.15 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $12.82 |
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. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 15 |
Investment income | |
Dividends | $2,059,783 |
Interest | 524 |
Non-cash dividends | 214,803 |
Securities lending | 36,697 |
Less foreign taxes withheld | (240,741) |
Total investment income | 2,071,066 |
Expenses | |
Investment management fees | 727,563 |
Distribution and service fees | 89,933 |
Accounting and legal services fees | 11,988 |
Transfer agent fees | 56,833 |
Trustees’ fees | 1,054 |
Custodian fees | 189,010 |
State registration fees | 40,038 |
Printing and postage | 26,569 |
Professional fees | 39,189 |
Other | 17,158 |
Total expenses | 1,199,335 |
Less expense reductions | (94,577) |
Net expenses | 1,104,758 |
Net investment income | 966,308 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 4,417,547 |
Affiliated investments | 190 |
Capital gain distributions received from affiliated investments | 148 |
Futures contracts | 131,961 |
4,549,846 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (16,633,353) |
Affiliated investments | (772) |
Futures contracts | (185,133) |
(16,819,258) | |
Net realized and unrealized loss | (12,269,412) |
Decrease in net assets from operations | $(11,303,104) |
16 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $966,308 | $2,373,987 |
Net realized gain | 4,549,846 | 32,170,268 |
Change in net unrealized appreciation (depreciation) | (16,819,258) | 26,510,938 |
Increase (decrease) in net assets resulting from operations | (11,303,104) | 61,055,193 |
Distributions to shareholders | ||
From earnings | ||
Class A | (1,369,613) | (576,484) |
Class C | (34,271) | (11,190) |
Class I | (1,332,525) | (511,213) |
Class R6 | (29,921) | (1,043,870) |
Class NAV | (2,647,457) | (1,218,830) |
Total distributions | (5,413,787) | (3,361,587) |
From fund share transactions | 8,211,510 | (89,484,095) |
Total decrease | (8,505,381) | (31,790,489) |
Net assets | ||
Beginning of period | 197,404,883 | 229,195,372 |
End of period | $188,899,502 | $197,404,883 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 17 |
CLASS A SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $13.27 | $10.51 | $10.10 | $11.13 | $11.51 | $9.59 |
Net investment income2 | 0.053 | 0.11 | 0.13 | 0.14 | 0.13 | 0.03 |
Net realized and unrealized gain (loss) on investments | (0.81) | 2.78 | 0.50 | (1.04) | (0.39) | 2.03 |
Total from investment operations | (0.76) | 2.89 | 0.63 | (0.90) | (0.26) | 2.06 |
Less distributions | ||||||
From net investment income | (0.33) | (0.13) | (0.22) | (0.13) | (0.12) | (0.14) |
Net asset value, end of period | $12.18 | $13.27 | $10.51 | $10.10 | $11.13 | $11.51 |
Total return (%)4,5 | (5.78)6 | 27.61 | 6.11 | (8.06) | (2.34) | 21.89 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $51 | $57 | $49 | $52 | $55 | $51 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.517 | 1.54 | 1.57 | 1.51 | 1.45 | 1.50 |
Expenses including reductions | 1.417 | 1.51 | 1.56 | 1.50 | 1.44 | 1.49 |
Net investment income | 0.763,7 | 0.87 | 1.30 | 1.38 | 1.09 | 0.29 |
Portfolio turnover (%) | 8 | 10 | 14 | 13 | 11 | 14 |
1 | Six months ended 2-28-22. 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. |
18 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $13.26 | $10.52 | $10.11 | $11.13 | $11.52 | $9.60 |
Net investment income2 | —3,4 | 0.02 | 0.06 | 0.06 | 0.04 | 0.04 |
Net realized and unrealized gain (loss) on investments | (0.81) | 2.78 | 0.50 | (1.03) | (0.39) | 1.96 |
Total from investment operations | (0.81) | 2.80 | 0.56 | (0.97) | (0.35) | 2.00 |
Less distributions | ||||||
From net investment income | (0.23) | (0.06) | (0.15) | (0.05) | (0.04) | (0.08) |
Net asset value, end of period | $12.22 | $13.26 | $10.52 | $10.11 | $11.13 | $11.52 |
Total return (%)5,6 | (6.09)7 | 26.65 | 5.40 | (8.71) | (3.04) | 21.03 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $2 | $2 | $2 | $3 | $3 | $3 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 2.218 | 2.24 | 2.27 | 2.21 | 2.15 | 2.22 |
Expenses including reductions | 2.118 | 2.21 | 2.26 | 2.20 | 2.14 | 2.21 |
Net investment income | 0.083,8 | 0.12 | 0.59 | 0.65 | 0.36 | 0.37 |
Portfolio turnover (%) | 8 | 10 | 14 | 13 | 11 | 14 |
1 | Six months ended 2-28-22. 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 | Does not reflect the effect of sales charges, if any. |
7 | Not annualized. |
8 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 19 |
CLASS I SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $13.27 | $10.51 | $10.10 | $11.12 | $11.50 | $9.58 |
Net investment income2 | 0.073 | 0.15 | 0.15 | 0.17 | 0.15 | 0.18 |
Net realized and unrealized gain (loss) on investments | (0.81) | 2.77 | 0.51 | (1.03) | (0.38) | 1.91 |
Total from investment operations | (0.74) | 2.92 | 0.66 | (0.86) | (0.23) | 2.09 |
Less distributions | ||||||
From net investment income | (0.37) | (0.16) | (0.25) | (0.16) | (0.15) | (0.17) |
Net asset value, end of period | $12.16 | $13.27 | $10.51 | $10.10 | $11.12 | $11.50 |
Total return (%)4 | (5.63)5 | 27.93 | 6.41 | (7.72) | (2.07) | 22.29 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $47 | $46 | $37 | $68 | $64 | $92 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.216 | 1.24 | 1.27 | 1.22 | 1.15 | 1.21 |
Expenses including reductions | 1.116 | 1.21 | 1.26 | 1.21 | 1.14 | 1.20 |
Net investment income | 1.053,6 | 1.21 | 1.43 | 1.69 | 1.29 | 1.73 |
Portfolio turnover (%) | 8 | 10 | 14 | 13 | 11 | 14 |
1 | Six months ended 2-28-22. 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. |
20 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R6 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $13.26 | $10.49 | $10.09 | $11.11 | $11.49 | $9.58 |
Net investment income2 | 0.073 | 0.06 | 0.18 | 0.17 | 0.20 | 0.39 |
Net realized and unrealized gain (loss) on investments | (0.81) | 2.88 | 0.48 | (1.01) | (0.42) | 1.70 |
Total from investment operations | (0.74) | 2.94 | 0.66 | (0.84) | (0.22) | 2.09 |
Less distributions | ||||||
From net investment income | (0.38) | (0.17) | (0.26) | (0.18) | (0.16) | (0.18) |
Net asset value, end of period | $12.14 | $13.26 | $10.49 | $10.09 | $11.11 | $11.49 |
Total return (%)4 | (5.60)5 | 28.20 | 6.42 | (7.56) | (1.99) | 22.31 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1 | $1 | $67 | $60 | $72 | $11 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.116 | 1.13 | 1.16 | 1.11 | 1.05 | 1.11 |
Expenses including reductions | 1.016 | 1.10 | 1.15 | 1.10 | 1.04 | 1.11 |
Net investment income | 1.173,6 | 0.53 | 1.75 | 1.71 | 1.67 | 3.53 |
Portfolio turnover (%) | 8 | 10 | 14 | 13 | 11 | 14 |
1 | Six months ended 2-28-22. 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 Emerging Markets Fund | 21 |
CLASS NAV SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $13.28 | $10.51 | $10.10 | $11.13 | $11.51 | $9.59 |
Net investment income2 | 0.073 | 0.16 | 0.18 | 0.10 | 0.17 | 0.15 |
Net realized and unrealized gain (loss) on investments | (0.82) | 2.78 | 0.49 | (0.95) | (0.39) | 1.95 |
Total from investment operations | (0.75) | 2.94 | 0.67 | (0.85) | (0.22) | 2.10 |
Less distributions | ||||||
From net investment income | (0.38) | (0.17) | (0.26) | (0.18) | (0.16) | (0.18) |
Net asset value, end of period | $12.15 | $13.28 | $10.51 | $10.10 | $11.13 | $11.51 |
Total return (%)4 | (5.65)5 | 28.16 | 6.53 | (7.63) | (1.97) | 22.40 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $88 | $91 | $75 | $68 | $962 | $979 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.106 | 1.12 | 1.14 | 1.10 | 1.04 | 1.10 |
Expenses including reductions | 1.006 | 1.09 | 1.14 | 1.09 | 1.03 | 1.09 |
Net investment income | 1.163,6 | 1.30 | 1.77 | 0.93 | 1.46 | 1.45 |
Portfolio turnover (%) | 8 | 10 | 14 | 13 | 11 | 14 |
1 | Six months ended 2-28-22. 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. |
22 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 23 |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Australia | $40,570 | — | $40,570 | — |
Belgium | 18,978 | — | 18,978 | — |
Brazil | 7,210,884 | $231,410 | 6,979,474 | — |
Chile | 1,056,419 | 53,644 | 1,002,775 | — |
China | 48,522,616 | 5,748,161 | 42,087,809 | $686,646 |
Colombia | 255,036 | 255,036 | — | — |
Czech Republic | 194,744 | — | 194,744 | — |
Egypt | 78,364 | — | 78,364 | — |
Greece | 549,669 | — | 538,473 | 11,196 |
Hong Kong | 7,374,626 | — | 7,215,370 | 159,256 |
Hungary | 325,914 | — | 325,914 | — |
India | 25,003,432 | 20,294 | 24,951,794 | 31,344 |
Indonesia | 3,566,645 | — | 3,457,210 | 109,435 |
Malaysia | 2,958,343 | — | 2,953,529 | 4,814 |
Mexico | 5,280,965 | 5,280,965 | — | — |
Netherlands | 12,673 | 12,673 | — | — |
Peru | 216,323 | 216,323 | — | — |
Philippines | 2,497,032 | — | 2,495,934 | 1,098 |
Poland | 1,369,368 | — | 1,369,368 | — |
Qatar | 1,588,850 | — | 1,588,850 | — |
24 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Romania | $81,122 | — | $81,122 | — |
Russia | 498,719 | $111,305 | 387,414 | — |
Saudi Arabia | 5,708,896 | — | 5,708,896 | — |
Singapore | 89,803 | 89,803 | — | — |
South Africa | 7,602,151 | 958,595 | 6,643,556 | — |
South Korea | 24,884,221 | 173,280 | 24,663,262 | $47,679 |
Spain | 13,501 | — | 13,501 | — |
Taiwan | 31,302,580 | 348,949 | 30,951,135 | 2,496 |
Thailand | 4,225,251 | — | 4,224,177 | 1,074 |
Turkey | 750,379 | — | 750,005 | 374 |
Ukraine | 19,592 | — | 19,592 | — |
United Arab Emirates | 1,786,351 | — | 1,786,351 | — |
United States | 192,168 | — | 192,168 | — |
Preferred securities | ||||
Brazil | 2,027,271 | 37,442 | 1,989,829 | — |
Chile | 145,540 | — | 145,540 | — |
Colombia | 68,006 | 68,006 | — | — |
Philippines | 9,953 | — | 9,953 | — |
Taiwan | 4,447 | — | 4,447 | — |
Thailand | 24,029 | — | 24,029 | — |
Rights | 2,989 | — | 2,989 | — |
Warrants | 178 | 178 | — | — |
Short-term investments | 676,093 | 676,093 | — | — |
Total investments in securities | $188,234,691 | $14,282,157 | $172,897,122 | $1,055,412 |
Derivatives: | ||||
Liabilities | ||||
Futures | $(91,724) | $(91,724) | — | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 25 |
26 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 27 |
28 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Equity | Receivable/payable for futures variation margin1 | Futures | — | $(91,724) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the period end variation margin receivable/payable is separately reported on the Statement of assets and liabilities. |
Statement of operations location - Net realized gain (loss) on: | |
Risk | Futures contracts |
Equity | $131,961 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Futures contracts |
Equity | $(185,133) |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 29 |
Class | Expense reduction |
Class A | $26,310 |
Class C | 913 |
Class I | 23,102 |
Class | Expense reduction |
Class R6 | $520 |
Class NAV | 43,732 |
Total | $94,577 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
30 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $80,422 | $29,916 |
Class C | 9,511 | 1,062 |
Class I | — | 25,810 |
Class R6 | — | 45 |
Total | $89,933 | $56,833 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 160,051 | $2,027,075 | 447,599 | $5,677,563 |
Distributions reinvested | 110,051 | 1,352,525 | 46,673 | 570,348 |
Repurchased | (338,577) | (4,305,303) | (852,449) | (10,527,939) |
Net decrease | (68,475) | $(925,703) | (358,177) | $(4,280,028) |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 31 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class C shares | ||||
Sold | 5,946 | $77,219 | 10,313 | $131,946 |
Distributions reinvested | 2,765 | 34,142 | 912 | 11,190 |
Repurchased | (27,552) | (351,751) | (53,918) | (679,522) |
Net decrease | (18,841) | $(240,390) | (42,693) | $(536,386) |
Class I shares | ||||
Sold | 682,474 | $8,664,492 | 1,575,874 | $20,341,673 |
Distributions reinvested | 108,331 | 1,329,223 | 41,934 | 511,171 |
Repurchased | (386,724) | (4,883,291) | (1,653,793) | (20,607,043) |
Net increase (decrease) | 404,081 | $5,110,424 | (35,985) | $245,801 |
Class R6 shares | ||||
Sold | 352 | $4,483 | 428,433 | $5,195,056 |
Distributions reinvested | 2,422 | 29,649 | 85,765 | 1,043,757 |
Repurchased | (21,523) | (274,010) | (6,774,703) | (88,195,407) |
Net decrease | (18,749) | $(239,878) | (6,260,505) | $(81,956,594) |
Class NAV shares | ||||
Sold | 464,689 | $5,893,706 | 1,005,294 | $12,785,426 |
Distributions reinvested | 216,119 | 2,647,457 | 99,986 | 1,218,830 |
Repurchased | (318,035) | (4,034,106) | (1,355,376) | (16,961,144) |
Net increase (decrease) | 362,773 | $4,507,057 | (250,096) | $(2,956,888) |
Total net increase (decrease) | 660,789 | $8,211,510 | (6,947,456) | $(89,484,095) |
32 | JOHN HANCOCK Emerging Markets Fund | SEMIANNUAL REPORT |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
John Hancock Collateral Trust* | 67,599 | $1,794,381 | $4,656,976 | $(5,774,682) | $190 | $(772) | $36,697 | $148 | $676,093 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
Issuer, Description | Original acquisition date | Acquisition cost | Beginning share amount | Shares purchased | Shares sold | Ending share amount | Value as a percentage of net assets | Ending value |
Yes Bank, Ltd., Lock-In Shares | 10-4-21 | $100,844 | — | 70,811 | — | 70,811 | 0.0%1 | $11,016 |
1 | Less than 0.05%. |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 33 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Jed S. Fogdall
Mary T. Phillips, CFA
Bhanu P. Singh
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
34 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT |
GOVERNANCE FUNDS
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we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
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John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 1 |
2 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT |
COUNTRY COMPOSITION AS OF 2/28/2022 (% of net assets) | |
United States | 59.1 |
Mexico | 3.0 |
Japan | 2.9 |
Hong Kong | 2.8 |
United Kingdom | 2.7 |
Luxembourg | 2.3 |
Canada | 2.2 |
China | 2.1 |
Brazil | 1.9 |
Netherlands | 1.8 |
Other countries | 19.2 |
TOTAL | 100.0 |
TOP 5 EQUITY HOLDINGS AS OF 2/28/2022 (% of net assets) | |
AbbVie, Inc. | 0.5 |
Archer-Daniels-Midland Company | 0.5 |
Algonquin Power & Utilities Corp. | 0.5 |
Newmont Corp. | 0.5 |
Packaging Corp. of America | 0.5 |
TOTAL | 2.5 |
Cash and cash equivalents are not included. |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 3 |
TOP 5 BOND ISSUERS AS OF 2/28/2022 (% of net assets) | |
Petroleos Mexicanos | 1.0 |
International Game Technology PLC | 0.8 |
Sixsigma Networks Mexico SA de CV | 0.6 |
Nordea Bank Abp | 0.6 |
Travel + Leisure Company | 0.5 |
TOTAL | 3.5 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | ||||||
1-year | 5-year | Since inception (11-14-14) | 6-month | 5-year | Since inception (11-14-14) | as of 2-28-22 | as of 2-28-22 | ||
Class A | -1.55 | 3.15 | 3.05 | -7.85 | 16.76 | 24.52 | 3.83 | 3.70 | |
Class C | 1.32 | 3.37 | 2.95 | -4.68 | 18.00 | 23.63 | 3.25 | 3.11 | |
Class I1 | 3.31 | 4.43 | 4.02 | -3.25 | 24.19 | 33.26 | 4.26 | 4.13 | |
Class R61 | 3.33 | 4.51 | 4.12 | -3.29 | 24.67 | 34.23 | 4.37 | 4.23 | |
Class NAV1,2 | 3.38 | 3.76 | 3.22 | -3.23 | 20.26 | 25.99 | 4.37 | 4.24 | |
Index 1†† | -2.64 | 2.71 | 2.53 | -4.07 | 14.30 | 20.00 | — | — | |
Index 2†† | 10.74 | 12.05 | 9.80 | -4.65 | 76.65 | 97.72 | — | — | |
Index 3†† | 2.01 | 5.20 | 5.28 | -3.81 | 28.82 | 45.53 | — | — | |
Index 4†† | 1.33 | 5.69 | 4.89 | -4.16 | 31.90 | 41.67 | — | — |
Class A | Class C | Class I | Class R6 | Class NAV | |
Gross (%) | 1.00 | 1.75 | 0.75 | 0.65 | 0.64 |
Net (%) | 0.88 | 1.63 | 0.63 | 0.53 | 0.52 |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 5 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | Index 3 ($) | Index 4 ($) | |
Class C3 | 11-14-14 | 12,363 | 12,363 | 12,000 | 19,772 | 14,553 | 14,167 |
Class I1 | 11-14-14 | 13,326 | 13,326 | 12,000 | 19,772 | 14,553 | 14,167 |
Class R61 | 11-14-14 | 13,423 | 13,423 | 12,000 | 19,772 | 14,553 | 14,167 |
Class NAV1,2 | 11-14-14 | 12,599 | 12,599 | 12,000 | 19,772 | 14,553 | 14,167 |
1 | For certain types of investors, as described in the fund’s prospectuses. |
2 | Class NAV shares were first offered on 6-4-20. Returns prior to this date are those of Class C shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
3 | The contingent deferred sales charge is not applicable. |
6 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 7 |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $965.20 | $4.29 | 0.88% |
Hypothetical example | 1,000.00 | 1,020.40 | 4.41 | 0.88% | |
Class C | Actual expenses/actual returns | 1,000.00 | 962.20 | 7.93 | 1.63% |
Hypothetical example | 1,000.00 | 1,016.70 | 8.15 | 1.63% | |
Class I | Actual expenses/actual returns | 1,000.00 | 967.50 | 3.07 | 0.63% |
Hypothetical example | 1,000.00 | 1,021.70 | 3.16 | 0.63% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 967.10 | 2.58 | 0.53% |
Hypothetical example | 1,000.00 | 1,022.20 | 2.66 | 0.53% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 967.70 | 2.54 | 0.52% |
Hypothetical example | 1,000.00 | 1,022.20 | 2.61 | 0.52% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
8 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
Foreign government obligations 1.3% | $1,892,299 | ||||
(Cost $2,027,911) | |||||
Argentina 0.1% | 136,000 | ||||
Republic of Argentina Bond (2.500% to 7-9-22, then 3.500% to 7-9-29, then 4.875% thereafter) | 2.500 | 07-09-41 | 400,000 | 136,000 | |
Bahrain 0.2% | 372,641 | ||||
Kingdom of Bahrain Bond (A) | 5.450 | 09-16-32 | 405,000 | 372,641 | |
Colombia 0.3% | 372,926 | ||||
Republic of Colombia Bond | 6.125 | 01-18-41 | 385,000 | 372,926 | |
Costa Rica 0.5% | 696,500 | ||||
Republic of Costa Rica Bond (A) | 6.125 | 02-19-31 | 700,000 | 696,500 | |
Egypt 0.2% | 314,232 | ||||
Arab Republic of Egypt Bond (A) | 8.875 | 05-29-50 | 400,000 | 314,232 | |
Corporate bonds 53.8% | $77,746,635 | ||||
(Cost $81,404,594) | |||||
Communication services 9.0% | 12,964,928 | ||||
Diversified telecommunication services 3.5% | |||||
C&W Senior Financing DAC (A) | 6.875 | 09-15-27 | 440,000 | 455,941 | |
Cable Onda SA (A) | 4.500 | 01-30-30 | 200,000 | 189,835 | |
Cellnex Telecom SA | 1.875 | 06-26-29 | EUR | 400,000 | 409,286 |
Connect Finco SARL (A) | 6.750 | 10-01-26 | 300,000 | 303,750 | |
IHS Holding, Ltd. (A) | 5.625 | 11-29-26 | 240,000 | 235,200 | |
IHS Holding, Ltd. (A) | 6.250 | 11-29-28 | 210,000 | 204,750 | |
Iliad Holding SASU (A) | 5.125 | 10-15-26 | EUR | 125,000 | 139,614 |
Iliad Holding SASU (A) | 6.500 | 10-15-26 | 315,000 | 314,213 | |
Kenbourne Invest SA | 4.700 | 01-22-28 | 200,000 | 185,500 | |
Level 3 Financing, Inc. (A) | 4.250 | 07-01-28 | 210,000 | 193,912 | |
Network i2i, Ltd. (5.650% to 1-15-25, then 5 Year CMT + 4.274%) (B) | 5.650 | 01-15-25 | 200,000 | 201,250 | |
PPF Telecom Group BV | 3.125 | 03-27-26 | EUR | 325,000 | 365,697 |
Sable International Finance, Ltd. (A) | 5.750 | 09-07-27 | 382,000 | 390,582 | |
Telecom Italia Capital SA | 6.000 | 09-30-34 | 400,000 | 382,352 | |
Telesat Canada (A) | 5.625 | 12-06-26 | 315,000 | 231,525 | |
Total Play Telecomunicaciones SA de CV (A) | 6.375 | 09-20-28 | 260,000 | 234,052 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 9 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Diversified telecommunication services (continued) | |||||
Total Play Telecomunicaciones SA de CV (A) | 7.500 | 11-12-25 | 510,000 | $497,255 | |
Zayo Group Holdings, Inc. (A) | 6.125 | 03-01-28 | 130,000 | 120,800 | |
Entertainment 0.7% | |||||
AMC Entertainment Holdings, Inc. (A) | 10.000 | 06-15-26 | 230,000 | 212,463 | |
Lions Gate Capital Holdings LLC (A) | 5.500 | 04-15-29 | 350,000 | 332,868 | |
ROBLOX Corp. (A) | 3.875 | 05-01-30 | 235,000 | 223,456 | |
WMG Acquisition Corp. (A) | 3.000 | 02-15-31 | 225,000 | 203,429 | |
Interactive media and services 0.6% | |||||
Arches Buyer, Inc. (A) | 6.125 | 12-01-28 | 60,000 | 56,400 | |
Match Group Holdings II LLC (A) | 4.125 | 08-01-30 | 270,000 | 261,355 | |
TripAdvisor, Inc. (A) | 7.000 | 07-15-25 | 390,000 | 403,650 | |
Twitter, Inc. (A) | 5.000 | 03-01-30 | 210,000 | 211,050 | |
Media 3.1% | |||||
Altice Financing SA (A) | 4.250 | 08-15-29 | EUR | 100,000 | 100,846 |
Altice Financing SA (A) | 5.750 | 08-15-29 | 255,000 | 232,369 | |
Altice France Holding SA (A) | 6.000 | 02-15-28 | 550,000 | 487,157 | |
CCO Holdings LLC | 4.500 | 05-01-32 | 400,000 | 380,000 | |
CSC Holdings LLC (A) | 6.500 | 02-01-29 | 200,000 | 202,500 | |
Globo Comunicacao e Participacoes SA (A) | 4.875 | 01-22-30 | 500,000 | 446,880 | |
Globo Comunicacao e Participacoes SA (A) | 5.500 | 01-14-32 | 215,000 | 196,725 | |
iHeartCommunications, Inc. | 8.375 | 05-01-27 | 250,000 | 260,423 | |
LCPR Senior Secured Financing DAC (A) | 5.125 | 07-15-29 | 245,000 | 235,445 | |
LCPR Senior Secured Financing DAC (A) | 6.750 | 10-15-27 | 378,000 | 390,559 | |
National CineMedia LLC (A) | 5.875 | 04-15-28 | 270,000 | 239,463 | |
News Corp. (A) | 5.125 | 02-15-32 | 111,000 | 113,498 | |
Radiate Holdco LLC (A) | 6.500 | 09-15-28 | 485,000 | 460,750 | |
Townsquare Media, Inc. (A) | 6.875 | 02-01-26 | 112,000 | 114,240 | |
Virgin Media Finance PLC (A) | 5.000 | 07-15-30 | 400,000 | 378,420 | |
VTR Comunicaciones SpA (A) | 4.375 | 04-15-29 | 220,000 | 209,816 | |
Wireless telecommunication services 1.1% | |||||
Millicom International Cellular SA (A) | 6.250 | 03-25-29 | 373,500 | 386,386 | |
SoftBank Group Corp. | 5.125 | 09-19-27 | 265,000 | 250,449 | |
SoftBank Group Corp. (6.875% to 7-19-27, then 5 Year ICE Swap Rate + 4.854%) (B) | 6.875 | 07-19-27 | 500,000 | 488,770 | |
Vmed O2 UK Financing I PLC (A) | 3.250 | 01-31-31 | EUR | 420,000 | 430,047 |
10 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary 8.1% | $11,765,178 | ||||
Automobiles 0.8% | |||||
Ford Motor Company | 3.250 | 02-12-32 | 71,000 | 66,995 | |
Ford Motor Company | 5.291 | 12-08-46 | 400,000 | 410,104 | |
Ford Motor Credit Company LLC | 4.000 | 11-13-30 | 200,000 | 198,400 | |
General Motors Financial Company, Inc. (5.700% to 9-30-30, then 5 Year CMT + 4.997%) (B) | 5.700 | 09-30-30 | 480,000 | 499,334 | |
Diversified consumer services 1.0% | |||||
GEMS MENASA Cayman, Ltd. (A) | 7.125 | 07-31-26 | 325,000 | 329,160 | |
King Talent Management, Ltd. (5.600% to 12-4-22, then 5 Year CMT + 3.521%) (B) | 5.600 | 12-04-22 | 200,000 | 185,832 | |
Sotheby’s (A) | 7.375 | 10-15-27 | 500,000 | 520,655 | |
Stena International SA (A) | 6.125 | 02-01-25 | 400,000 | 406,000 | |
Hotels, restaurants and leisure 5.3% | |||||
Affinity Gaming (A) | 6.875 | 12-15-27 | 305,000 | 300,425 | |
Carnival Corp. (A) | 5.750 | 03-01-27 | 230,000 | 224,021 | |
Carnival Corp. (A) | 6.000 | 05-01-29 | 237,000 | 230,113 | |
Carnival Corp. (A) | 7.625 | 03-01-26 | 110,000 | 113,079 | |
CEC Entertainment LLC (A) | 6.750 | 05-01-26 | 260,000 | 247,421 | |
Dave & Buster’s, Inc. (A) | 7.625 | 11-01-25 | 216,000 | 226,260 | |
Hilton Domestic Operating Company, Inc. (A) | 3.625 | 02-15-32 | 245,000 | 232,897 | |
Hilton Domestic Operating Company, Inc. (A) | 5.750 | 05-01-28 | 195,000 | 203,775 | |
Hilton Grand Vacations Borrower Escrow LLC (A) | 5.000 | 06-01-29 | 370,000 | 362,600 | |
International Game Technology PLC (A) | 4.125 | 04-15-26 | 260,000 | 256,100 | |
International Game Technology PLC (A) | 5.250 | 01-15-29 | 440,000 | 448,809 | |
International Game Technology PLC (A) | 6.500 | 02-15-25 | 400,000 | 425,000 | |
Life Time, Inc. (A) | 8.000 | 04-15-26 | 120,000 | 119,710 | |
MGM Resorts International | 6.750 | 05-01-25 | 425,000 | 439,875 | |
Mohegan Gaming & Entertainment (A) | 8.000 | 02-01-26 | 490,000 | 494,900 | |
New Red Finance, Inc. (A) | 4.375 | 01-15-28 | 280,000 | 274,750 | |
Premier Entertainment Sub LLC (A) | 5.875 | 09-01-31 | 380,000 | 342,000 | |
Resorts World Las Vegas LLC (A) | 4.625 | 04-16-29 | 500,000 | 467,911 | |
Resorts World Las Vegas LLC | 4.625 | 04-16-29 | 200,000 | 187,164 | |
Sands China, Ltd. | 5.125 | 08-08-25 | 200,000 | 197,960 | |
Sazka Group AS (A) | 3.875 | 02-15-27 | EUR | 450,000 | 481,601 |
Studio City Company, Ltd. (A) | 7.000 | 02-15-27 | 200,000 | 198,206 | |
Travel + Leisure Company (A) | 4.500 | 12-01-29 | 175,000 | 167,125 | |
Travel + Leisure Company | 6.600 | 10-01-25 | 310,000 | 331,032 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Travel + Leisure Company (A) | 6.625 | 07-31-26 | 280,000 | $298,900 | |
Yum! Brands, Inc. (A) | 4.750 | 01-15-30 | 420,000 | 426,300 | |
Household durables 0.2% | |||||
KB Home | 4.000 | 06-15-31 | 251,000 | 240,960 | |
TopBuild Corp. (A) | 3.625 | 03-15-29 | 130,000 | 121,910 | |
Internet and direct marketing retail 0.5% | |||||
MercadoLibre, Inc. | 3.125 | 01-14-31 | 400,000 | 352,152 | |
Prosus NV (A) | 2.031 | 08-03-32 | EUR | 170,000 | 165,517 |
Prosus NV (A) | 3.832 | 02-08-51 | 200,000 | 151,194 | |
Multiline retail 0.1% | |||||
Golden Eagle Retail Group, Ltd. | 4.625 | 05-21-23 | 200,000 | 196,750 | |
Specialty retail 0.2% | |||||
Asbury Automotive Group, Inc. (A) | 4.625 | 11-15-29 | 55,000 | 53,625 | |
Group 1 Automotive, Inc. (A) | 4.000 | 08-15-28 | 175,000 | 168,656 | |
Consumer staples 1.8% | 2,571,233 | ||||
Food and staples retailing 0.2% | |||||
Performance Food Group, Inc. (A) | 4.250 | 08-01-29 | 150,000 | 143,100 | |
U.S. Foods, Inc. (A) | 4.750 | 02-15-29 | 195,000 | 192,894 | |
Food products 1.0% | |||||
BRF SA (A) | 5.750 | 09-21-50 | 200,000 | 179,302 | |
Lamb Weston Holdings, Inc. (A) | 4.125 | 01-31-30 | 228,000 | 220,590 | |
MARB BondCo PLC (A) | 3.950 | 01-29-31 | 215,000 | 189,222 | |
Post Holdings, Inc. (A) | 4.500 | 09-15-31 | 400,000 | 370,500 | |
Ulker Biskuvi Sanayi AS (A) | 6.950 | 10-30-25 | 505,000 | 465,610 | |
Household products 0.3% | |||||
Edgewell Personal Care Company (A) | 4.125 | 04-01-29 | 160,000 | 150,235 | |
Edgewell Personal Care Company (A) | 5.500 | 06-01-28 | 300,000 | 301,500 | |
Personal products 0.3% | |||||
Natura Cosmeticos SA (A) | 4.125 | 05-03-28 | 200,000 | 190,280 | |
Oriflame Investment Holding PLC (A) | 5.125 | 05-04-26 | 200,000 | 168,000 | |
Energy 6.5% | 9,399,025 | ||||
Energy equipment and services 0.3% | |||||
Inkia Energy, Ltd. (A) | 5.875 | 11-09-27 | 500,000 | 487,505 | |
Oil, gas and consumable fuels 6.2% | |||||
Antero Resources Corp. (A) | 5.375 | 03-01-30 | 65,000 | 66,219 | |
Antero Resources Corp. (A) | 8.375 | 07-15-26 | 71,000 | 77,923 | |
Ascent Resources Utica Holdings LLC (A) | 5.875 | 06-30-29 | 180,000 | 171,228 | |
Cheniere Energy Partners LP | 4.000 | 03-01-31 | 230,000 | 226,550 | |
Cheniere Energy Partners LP | 4.500 | 10-01-29 | 245,000 | 249,704 |
12 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Ecopetrol SA | 5.875 | 05-28-45 | 185,000 | $161,181 | |
Energean Israel Finance, Ltd. (A) | 5.375 | 03-30-28 | 100,000 | 94,041 | |
Energean Israel Finance, Ltd. (A) | 5.875 | 03-30-31 | 190,000 | 176,172 | |
Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (B) | 7.125 | 05-15-30 | 510,000 | 499,800 | |
EQM Midstream Partners LP (A) | 4.750 | 01-15-31 | 205,000 | 192,188 | |
Genesis Energy LP | 7.750 | 02-01-28 | 215,000 | 212,259 | |
Greenko Solar Mauritius, Ltd. | 5.950 | 07-29-26 | 200,000 | 206,800 | |
HPCL-Mittal Energy, Ltd. | 5.450 | 10-22-26 | 200,000 | 201,582 | |
Indika Energy Capital III Pte, Ltd. | 5.875 | 11-09-24 | 200,000 | 193,500 | |
Indika Energy Capital IV Pte, Ltd. (A) | 8.250 | 10-22-25 | 250,000 | 246,250 | |
Inversiones Latin America Power Ltda (A) | 5.125 | 06-15-33 | 198,244 | 170,490 | |
Leviathan Bond, Ltd. (A) | 6.750 | 06-30-30 | 410,000 | 416,611 | |
MC Brazil Downstream Trading SARL (A) | 7.250 | 06-30-31 | 295,000 | 272,875 | |
Medco Bell Pte, Ltd. | 6.375 | 01-30-27 | 400,000 | 389,268 | |
MEG Energy Corp. (A) | 5.875 | 02-01-29 | 87,000 | 87,949 | |
MPLX LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) (B) | 6.875 | 02-15-23 | 525,000 | 518,595 | |
New Fortress Energy, Inc. (A) | 6.500 | 09-30-26 | 330,000 | 316,508 | |
NuStar Logistics LP | 6.375 | 10-01-30 | 235,000 | 238,074 | |
Occidental Petroleum Corp. | 6.375 | 09-01-28 | 135,000 | 152,550 | |
Occidental Petroleum Corp. | 6.625 | 09-01-30 | 135,000 | 157,095 | |
Parkland Corp. (A) | 5.875 | 07-15-27 | 350,000 | 354,249 | |
Petrobras Global Finance BV | 5.500 | 06-10-51 | 275,000 | 234,671 | |
Petroleos Mexicanos | 6.625 | 06-15-35 | 635,000 | 575,043 | |
Petroleos Mexicanos (A) | 6.875 | 10-16-25 | 260,000 | 275,600 | |
Petroleos Mexicanos | 7.470 | 11-12-26 | MXN | 12,562,500 | 548,988 |
Petrorio Luxembourg Trading Sarl (A) | 6.125 | 06-09-26 | 215,000 | 209,896 | |
Southwestern Energy Company | 4.750 | 02-01-32 | 95,000 | 94,470 | |
Sunoco LP (A) | 4.500 | 04-30-30 | 132,000 | 126,071 | |
Talos Production, Inc. | 12.000 | 01-15-26 | 100,000 | 105,649 | |
The Oil and Gas Holding Company BSCC (A) | 7.500 | 10-25-27 | 450,000 | 468,721 | |
Venture Global Calcasieu Pass LLC (A) | 4.125 | 08-15-31 | 225,000 | 222,750 | |
Financials 6.8% | 9,820,970 | ||||
Banks 4.0% | |||||
Axis Bank, Ltd. (4.100% to 9-8-26, then 5 Year CMT + 3.315%) (A)(B) | 4.100 | 09-08-26 | 200,000 | 186,625 | |
Banco do Brasil SA (A) | 3.250 | 09-30-26 | 200,000 | 192,124 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Banco do Brasil SA (A) | 4.875 | 04-19-23 | 340,000 | $350,540 | |
Bank of America Corp. (6.100% to 3-17-25, then 3 month LIBOR + 3.898%) (B) | 6.100 | 03-17-25 | 650,000 | 683,930 | |
Barclays PLC (4.375% to 3-15-28, then 5 Year CMT + 3.410%) (B) | 4.375 | 03-15-28 | 300,000 | 275,250 | |
Barclays PLC (6.125% to 12-15-25, then 5 Year CMT + 5.867%) (B) | 6.125 | 12-15-25 | 330,000 | 341,963 | |
Credit Agricole SA (4.750% to 3-23-29, then 5 Year CMT + 3.237%) (A)(B) | 4.750 | 03-23-29 | 275,000 | 257,125 | |
Credit Agricole SA (8.125% to 12-23-25, then 5 Year U.S. Swap Rate + 6.185%) (A)(B) | 8.125 | 12-23-25 | 385,000 | 433,866 | |
Freedom Mortgage Corp. (A) | 6.625 | 01-15-27 | 140,000 | 129,150 | |
Freedom Mortgage Corp. (A) | 8.250 | 04-15-25 | 254,000 | 253,365 | |
HDFC Bank, Ltd. (3.700% to 8-25-26, then 5 Year CMT + 2.925%) (A)(B) | 3.700 | 08-25-26 | 200,000 | 185,900 | |
ING Groep NV (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%) (B) | 6.500 | 04-16-25 | 440,000 | 458,700 | |
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) (B) | 6.750 | 02-01-24 | 520,000 | 543,400 | |
Nordea Bank ABP (3.750% to 3-1-29, then 5 Year CMT + 2.602%) (A)(B) | 3.750 | 03-01-29 | 935,000 | 808,775 | |
The Bank of East Asia, Ltd. (5.825% to 10-21-25, then 5 Year CMT + 5.527%) (B) | 5.825 | 10-21-25 | 250,000 | 253,700 | |
U.S. Bancorp (3.700% to 1-15-27, then 5 Year CMT + 2.541%) (B) | 3.700 | 01-15-27 | 395,000 | 367,350 | |
Capital markets 1.2% | |||||
Deutsche Bank AG (3.742% to 10-7-31, then SOFR + 2.257%) | 3.742 | 01-07-33 | 200,000 | 187,200 | |
Deutsche Bank AG (4.875% to 12-1-27, then 5 Year ICE Swap Rate + 2.553%) | 4.875 | 12-01-32 | 425,000 | 429,481 | |
Guangxi Financial Investment Group Company, Ltd. | 3.600 | 11-18-23 | 400,000 | 369,868 | |
Jane Street Group (A) | 4.500 | 11-15-29 | 90,000 | 87,750 | |
The Charles Schwab Corp. (5.375% to 6-1-25, then 5 Year CMT + 4.971%) (B) | 5.375 | 06-01-25 | 300,000 | 315,825 | |
XP, Inc. (A) | 3.250 | 07-01-26 | 420,000 | 392,175 | |
Consumer finance 0.2% | |||||
Unifin Financiera SAB de CV (A) | 9.875 | 01-28-29 | 475,000 | 304,000 |
14 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Diversified financial services 0.1% | |||||
LS Finance 2017, Ltd. | 4.875 | 07-15-24 | 200,000 | $190,228 | |
Insurance 1.2% | |||||
Athene Global Funding (A) | 2.673 | 06-07-31 | 307,000 | 288,447 | |
Markel Corp. (6.000% to 6-1-25, then 5 Year CMT + 5.662%) (B) | 6.000 | 06-01-25 | 400,000 | 422,676 | |
Prudential Financial, Inc. (5.125% to 11-28-31, then 5 Year CMT + 3.162%) | 5.125 | 03-01-52 | 245,000 | 248,369 | |
SBL Holdings, Inc. (6.500% to 11-13-26, then 5 Year CMT + 5.620%) (A)(B) | 6.500 | 11-13-26 | 800,000 | 746,000 | |
Thrifts and mortgage finance 0.1% | |||||
Nationstar Mortgage Holdings, Inc. (A) | 5.125 | 12-15-30 | 125,000 | 117,188 | |
Health care 2.8% | 4,015,557 | ||||
Health care equipment and supplies 0.2% | |||||
Mozart Debt Merger Sub, Inc. (A) | 5.250 | 10-01-29 | 55,000 | 52,525 | |
Varex Imaging Corp. (A) | 7.875 | 10-15-27 | 148,000 | 159,100 | |
Health care providers and services 1.6% | |||||
Cano Health LLC (A) | 6.250 | 10-01-28 | 59,000 | 52,382 | |
Centene Corp. | 3.375 | 02-15-30 | 515,000 | 494,127 | |
DaVita, Inc. (A) | 3.750 | 02-15-31 | 245,000 | 223,869 | |
DaVita, Inc. (A) | 4.625 | 06-01-30 | 500,000 | 479,375 | |
HealthEquity, Inc. (A) | 4.500 | 10-01-29 | 135,000 | 128,500 | |
Rede D’or Finance Sarl (A) | 4.500 | 01-22-30 | 419,000 | 387,072 | |
Select Medical Corp. (A) | 6.250 | 08-15-26 | 330,000 | 334,331 | |
U.S. Renal Care, Inc. (A) | 10.625 | 07-15-27 | 250,000 | 248,750 | |
Health care technology 0.2% | |||||
Change Healthcare Holdings LLC (A) | 5.750 | 03-01-25 | 260,000 | 258,830 | |
Pharmaceuticals 0.8% | |||||
Bausch Health Americas, Inc. (A) | 9.250 | 04-01-26 | 200,000 | 206,792 | |
Bausch Health Companies, Inc. (A) | 5.750 | 08-15-27 | 325,000 | 322,969 | |
Organon & Company (A) | 5.125 | 04-30-31 | 295,000 | 294,490 | |
Viatris, Inc. | 4.000 | 06-22-50 | 420,000 | 372,445 | |
Industrials 6.2% | 8,975,572 | ||||
Aerospace and defense 0.4% | |||||
Embraer Netherlands Finance BV (A) | 6.950 | 01-17-28 | 265,000 | 275,982 | |
The Boeing Company | 5.705 | 05-01-40 | 275,000 | 320,346 | |
Air freight and logistics 0.4% | |||||
Simpar Europe SA (A) | 5.200 | 01-26-31 | 200,000 | 167,502 | |
Simpar Finance Sarl (A) | 10.750 | 02-12-28 | BRL | 1,190,000 | 187,505 |
XPO Logistics, Inc. (A) | 6.250 | 05-01-25 | 270,000 | 280,022 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Airlines 0.4% | |||||
American Airlines, Inc. (A) | 5.750 | 04-20-29 | 210,000 | $214,687 | |
United Airlines 2020-1 Class A Pass Through Trust | 5.875 | 10-15-27 | 175,014 | 183,765 | |
United Airlines, Inc. (A) | 4.375 | 04-15-26 | 220,000 | 219,437 | |
Building products 0.4% | |||||
Builders FirstSource, Inc. (A) | 5.000 | 03-01-30 | 500,000 | 512,133 | |
Commercial services and supplies 1.5% | |||||
Albion Financing 1 Sarl (A) | 5.250 | 10-15-26 | EUR | 100,000 | 110,045 |
Albion Financing 1 Sarl (A) | 6.125 | 10-15-26 | 200,000 | 194,000 | |
Allied Universal Holdco LLC (A) | 6.000 | 06-01-29 | 275,000 | 255,750 | |
Allied Universal Holdco LLC (A) | 6.625 | 07-15-26 | 330,000 | 338,019 | |
APX Group, Inc. (A) | 6.750 | 02-15-27 | 200,000 | 205,376 | |
Cimpress PLC (A) | 7.000 | 06-15-26 | 500,000 | 495,000 | |
Elis SA | 1.625 | 04-03-28 | EUR | 300,000 | 311,672 |
Prime Security Services Borrower LLC (A) | 3.375 | 08-31-27 | 225,000 | 208,112 | |
Stericycle, Inc. (A) | 3.875 | 01-15-29 | 115,000 | 107,094 | |
Construction and engineering 1.5% | |||||
Arcosa, Inc. (A) | 4.375 | 04-15-29 | 170,000 | 161,075 | |
Dycom Industries, Inc. (A) | 4.500 | 04-15-29 | 215,000 | 206,938 | |
Ellaktor Value PLC (A) | 6.375 | 12-15-24 | EUR | 550,000 | 528,131 |
Global Infrastructure Solutions, Inc. (A) | 5.625 | 06-01-29 | 235,000 | 232,063 | |
IEA Energy Services LLC (A) | 6.625 | 08-15-29 | 160,000 | 148,000 | |
IHS Netherlands Holdco BV (A) | 8.000 | 09-18-27 | 400,000 | 407,232 | |
Picasso Finance Sub, Inc. (A) | 6.125 | 06-15-25 | 211,000 | 217,594 | |
Tutor Perini Corp. (A) | 6.875 | 05-01-25 | 240,000 | 234,938 | |
Electrical equipment 0.2% | |||||
Atkore, Inc. (A) | 4.250 | 06-01-31 | 125,000 | 121,166 | |
Vertiv Group Corp. (A) | 4.125 | 11-15-28 | 199,000 | 182,583 | |
Machinery 0.3% | |||||
HTA Group, Ltd. (A) | 7.000 | 12-18-25 | 205,000 | 207,435 | |
Madison IAQ LLC (A) | 5.875 | 06-30-29 | 124,000 | 112,530 | |
TK Elevator Holdco GmbH (A) | 6.625 | 07-15-28 | EUR | 117,000 | 130,440 |
Road and rail 0.6% | |||||
Uber Technologies, Inc. (A) | 8.000 | 11-01-26 | 750,000 | 796,500 | |
Trading companies and distributors 0.1% | |||||
Alta Equipment Group, Inc. (A) | 5.625 | 04-15-26 | 125,000 | 124,375 | |
Transportation infrastructure 0.4% | |||||
Adani Ports & Special Economic Zone, Ltd. | 4.375 | 07-03-29 | 200,000 | 196,197 | |
GMR Hyderabad International Airport, Ltd. | 4.250 | 10-27-27 | 200,000 | 187,100 |
16 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Transportation infrastructure (continued) | |||||
JSW Infrastructure, Ltd. (A) | 4.950 | 01-21-29 | 200,000 | $194,828 | |
Information technology 1.7% | 2,405,502 | ||||
Communications equipment 0.1% | |||||
CommScope, Inc. (A) | 8.250 | 03-01-27 | 115,000 | 114,427 | |
IT services 0.6% | |||||
Sixsigma Networks Mexico SA de CV (A) | 7.500 | 05-02-25 | 935,000 | 888,250 | |
Semiconductors and semiconductor equipment 0.2% | |||||
Qorvo, Inc. (A) | 3.375 | 04-01-31 | 330,000 | 309,797 | |
Software 0.3% | |||||
Clarivate Science Holdings Corp. (A) | 3.875 | 07-01-28 | 91,000 | 85,995 | |
Consensus Cloud Solutions, Inc. (A) | 6.000 | 10-15-26 | 141,000 | 140,684 | |
Consensus Cloud Solutions, Inc. (A) | 6.500 | 10-15-28 | 209,000 | 210,505 | |
Technology hardware, storage and peripherals 0.5% | |||||
Atento Luxco 1 SA (A) | 8.000 | 02-10-26 | 160,000 | 162,464 | |
Seagate HDD Cayman Company | 4.125 | 01-15-31 | 300,000 | 283,905 | |
Xerox Holdings Corp. (A) | 5.500 | 08-15-28 | 210,000 | 209,475 | |
Materials 5.3% | 7,620,249 | ||||
Chemicals 1.5% | |||||
Braskem Idesa SAPI (A) | 6.990 | 02-20-32 | 400,000 | 382,000 | |
Braskem Netherlands Finance BV (A) | 5.875 | 01-31-50 | 285,000 | 283,994 | |
Cydsa SAB de CV (A) | 6.250 | 10-04-27 | 450,000 | 440,442 | |
ICL Group, Ltd. (A) | 6.375 | 05-31-38 | 400,000 | 454,798 | |
SCIL IV LLC (A) | 5.375 | 11-01-26 | 200,000 | 199,682 | |
The Chemours Company (A) | 4.625 | 11-15-29 | 190,000 | 175,988 | |
UPL Corp., Ltd. (5.250% to 2-27-25, then 5 Year CMT + 3.865%) (B) | 5.250 | 02-27-25 | 200,000 | 190,600 | |
Construction materials 0.8% | |||||
Cemex SAB de CV (A) | 3.875 | 07-11-31 | 200,000 | 177,752 | |
Standard Industries, Inc. (A) | 5.000 | 02-15-27 | 210,000 | 211,323 | |
West China Cement, Ltd. | 4.950 | 07-08-26 | 400,000 | 378,551 | |
Wienerberger AG | 2.750 | 06-04-25 | EUR | 300,000 | 349,866 |
Containers and packaging 0.3% | |||||
Ardagh Packaging Finance PLC (A) | 5.250 | 08-15-27 | 340,000 | 323,191 | |
Graham Packaging Company, Inc. (A) | 7.125 | 08-15-28 | 120,000 | 115,500 | |
Metals and mining 2.7% | |||||
ABJA Investment Company Pte, Ltd. | 5.950 | 07-31-24 | 300,000 | 316,926 | |
Adaro Indonesia PT | 4.250 | 10-31-24 | 250,000 | 244,375 | |
Chalieco Hong Kong Corp., Ltd. (5.000% to 5-21-23, then 3 Year CMT + 6.380%) (B) | 5.000 | 05-21-23 | 200,000 | 202,480 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Metals and mining (continued) | |||||
China Hongqiao Group, Ltd. | 7.125 | 07-22-22 | 400,000 | $401,524 | |
Commercial Metals Company | 3.875 | 02-15-31 | 195,000 | 182,436 | |
First Quantum Minerals, Ltd. (A) | 7.500 | 04-01-25 | 450,000 | 459,977 | |
Gold Fields Orogen Holdings BVI, Ltd. (A) | 6.125 | 05-15-29 | 475,000 | 519,650 | |
HBIS Group Hong Kong Company, Ltd. | 3.750 | 12-18-22 | 300,000 | 300,733 | |
JSW Steel, Ltd. (A) | 5.050 | 04-05-32 | 200,000 | 185,202 | |
Shandong Iron and Steel Xinheng International Company, Ltd. | 6.850 | 09-25-22 | 400,000 | 408,804 | |
Volcan Cia Minera SAA (A) | 4.375 | 02-11-26 | 430,000 | 410,865 | |
Yankuang Group Cayman, Ltd. | 4.000 | 07-16-23 | 300,000 | 303,590 | |
Real estate 2.8% | 4,103,189 | ||||
Equity real estate investment trusts 0.9% | |||||
Iron Mountain Information Management Services, Inc. (A) | 5.000 | 07-15-32 | 245,000 | 232,750 | |
RHP Hotel Properties LP (A) | 4.500 | 02-15-29 | 230,000 | 217,350 | |
RLJ Lodging Trust LP (A) | 3.750 | 07-01-26 | 142,000 | 138,260 | |
RLJ Lodging Trust LP (A) | 4.000 | 09-15-29 | 200,000 | 187,786 | |
Uniti Group LP (A) | 6.500 | 02-15-29 | 130,000 | 120,480 | |
VICI Properties LP (A) | 4.625 | 12-01-29 | 465,000 | 474,300 | |
Real estate management and development 1.9% | |||||
Agile Group Holdings, Ltd. | 6.050 | 10-13-25 | 200,000 | 76,000 | |
Central China Real Estate, Ltd. | 7.250 | 07-16-24 | 200,000 | 88,500 | |
Central China Real Estate, Ltd. | 7.900 | 11-07-23 | 200,000 | 94,000 | |
China SCE Group Holdings, Ltd. | 7.375 | 04-09-24 | 200,000 | 132,100 | |
CIFI Holdings Group Company, Ltd. | 6.000 | 07-16-25 | 200,000 | 155,000 | |
Country Garden Holdings Company, Ltd. | 5.625 | 01-14-30 | 350,000 | 239,750 | |
Greenland Global Investment, Ltd. | 6.750 | 03-03-24 | 400,000 | 295,000 | |
Hopson Development Holdings, Ltd. | 6.800 | 12-28-23 | 250,000 | 201,313 | |
KWG Group Holdings, Ltd. | 6.000 | 09-15-22 | 250,000 | 155,000 | |
New Metro Global, Ltd. | 6.800 | 08-05-23 | 250,000 | 158,750 | |
New World China Land, Ltd. | 4.750 | 01-23-27 | 300,000 | 303,807 | |
NWD MTN, Ltd. | 3.750 | 01-14-31 | 200,000 | 181,123 | |
Powerlong Real Estate Holdings, Ltd. | 6.250 | 08-10-24 | 200,000 | 138,000 | |
Redsun Properties Group, Ltd. | 9.700 | 04-16-23 | 200,000 | 55,100 | |
RKPF Overseas 2019 A, Ltd. | 6.000 | 09-04-25 | 200,000 | 162,000 | |
Sunac China Holdings, Ltd. | 7.500 | 02-01-24 | 200,000 | 80,000 | |
Yanlord Land HK Company, Ltd. | 6.750 | 04-23-23 | 200,000 | 196,820 | |
Zhenro Properties Group, Ltd. | 7.875 | 04-14-24 | 200,000 | 20,000 |
18 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities 2.8% | $4,105,232 | ||||
Electric utilities 1.5% | |||||
Duke Energy Corp. (3.250% to 1-15-27, then 5 Year CMT + 2.321%) | 3.250 | 01-15-82 | 490,000 | 450,722 | |
Edison International (5.000% to 12-15-26, then 5 Year CMT + 3.901%) (B) | 5.000 | 12-15-26 | 350,000 | 335,121 | |
Light Servicos de Eletricidade SA (A) | 4.375 | 06-18-26 | 395,000 | 376,159 | |
NRG Energy, Inc. (A) | 3.375 | 02-15-29 | 100,000 | 92,870 | |
NRG Energy, Inc. (A) | 3.625 | 02-15-31 | 160,000 | 147,106 | |
Southern California Edison Company (3 month LIBOR + 4.199%) (B)(C) | 4.516 | 03-28-22 | 450,000 | 438,366 | |
Vistra Operations Company LLC (A) | 5.625 | 02-15-27 | 330,000 | 337,890 | |
Gas utilities 0.4% | |||||
AmeriGas Partners LP | 5.750 | 05-20-27 | 400,000 | 404,120 | |
Superior Plus LP (A) | 4.500 | 03-15-29 | 245,000 | 233,669 | |
Independent power and renewable electricity producers 0.7% | |||||
Adani Green Energy, Ltd. (A) | 4.375 | 09-08-24 | 200,000 | 197,100 | |
India Clean Energy Holdings (A) | 4.500 | 04-18-27 | 300,000 | 286,012 | |
JSW Hydro Energy, Ltd. (A) | 4.125 | 05-18-31 | 193,000 | 178,284 | |
Vistra Corp. (7.000% to 12-15-26, then 5 Year CMT + 5.740%) (A)(B) | 7.000 | 12-15-26 | 325,000 | 322,563 | |
Multi-utilities 0.2% | |||||
Sempra Energy (4.875% to 10-15-25, then 5 Year CMT + 4.550%) (B) | 4.875 | 10-15-25 | 300,000 | 305,250 | |
Term loans (D) 1.2% | $1,768,244 | ||||
(Cost $1,789,878) | |||||
Communication services 0.3% | 482,698 | ||||
Interactive media and services 0.1% | |||||
Dotdash Meredith, Inc., Term Loan B (3 month SOFR + 4.000%) | 4.500 | 12-01-28 | 155,000 | 153,935 | |
Media 0.2% | |||||
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) | 6.250 | 09-01-27 | 330,000 | 328,763 | |
Health care 0.2% | 296,584 | ||||
Health care providers and services 0.2% | |||||
Cano Health LLC, 2022 Term Loan (6 month SOFR + 4.000%) | 4.508 | 11-23-27 | 200,000 | 197,584 | |
Mamba Purchaser, Inc., 2021 Term Loan (1 month LIBOR + 3.750%) | 4.250 | 10-16-28 | 100,000 | 99,000 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials 0.3% | $432,085 | ||||
Airlines 0.3% | |||||
AAdvantage Loyalty IP, Ltd., 2021 Term Loan (E) | TBD | 04-20-28 | 425,000 | 432,085 | |
Information technology 0.3% | 443,242 | ||||
Software 0.3% | |||||
Ascend Learning LLC, 2021 Term Loan (1 and 3 month LIBOR + 3.500%) | 4.000 | 12-11-28 | 105,000 | 103,539 | |
Grab Holdings, Inc., Term Loan B (6 month LIBOR + 4.500%) | 5.500 | 01-29-26 | 214,460 | 212,718 | |
Quest Software, Inc., 2022 Term Loan (3 month SOFR + 4.250%) | 4.750 | 02-01-29 | 129,000 | 126,985 | |
Materials 0.1% | 113,635 | ||||
Chemicals 0.1% | |||||
Kraton Polymers US LLC, 2021 USD Term Loan (E) | TBD | 11-18-28 | 115,000 | 113,635 | |
Collateralized mortgage obligations 0.3% | $418,096 | ||||
(Cost $409,675) | |||||
Commercial and residential 0.3% | 418,096 | ||||
BX Commercial Mortgage Trust | |||||
Series 2019-XL, Class F (1 month LIBOR + 2.000%) (A)(C) | 2.191 | 10-15-36 | 425,000 | 418,096 | |
Asset backed securities 0.9% | $1,258,647 | ||||
(Cost $1,264,306) | |||||
Asset backed securities 0.9% | 1,258,647 | ||||
Driven Brands Funding LLC | |||||
Series 2019-1A, Class A2 (A) | 4.641 | 04-20-49 | 528,650 | 545,398 | |
Jack in the Box Funding LLC | |||||
Series 2019-1A, Class A23 (A) | 4.970 | 08-25-49 | 123,750 | 128,059 | |
Sonic Capital LLC | |||||
Series 2020-1A, Class A2II (A) | 4.336 | 01-20-50 | 198,970 | 210,634 | |
VR Funding LLC | |||||
Series 2020-1A, Class A (A) | 2.790 | 11-15-50 | 387,483 | 374,556 | |
Shares | Value | ||||
Common stocks 32.5% | $46,959,924 | ||||
(Cost $45,086,741) | |||||
Communication services 2.9% | 4,240,211 | ||||
Diversified telecommunication services 2.5% | |||||
BCE, Inc. | 5,765 | 302,782 | |||
Deutsche Telekom AG | 15,731 | 281,973 | |||
Elisa OYJ | 4,478 | 248,113 | |||
Koninklijke KPN NV | 89,731 | 307,071 | |||
Orange SA | 25,247 | 305,279 |
20 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Communication services (continued) | |||||
Diversified telecommunication services (continued) | |||||
Proximus SADP | 14,471 | $287,688 | |||
Swisscom AG | 476 | 285,130 | |||
Telefonica Deutschland Holding AG | 105,386 | 287,582 | |||
Telenor ASA | 8,328 | 123,218 | |||
Telstra Corp., Ltd. | 96,664 | 277,777 | |||
TELUS Corp. | 12,702 | 320,782 | |||
Verizon Communications, Inc. | 12,514 | 671,626 | |||
Wireless telecommunication services 0.4% | |||||
SoftBank Corp. | 21,700 | 274,166 | |||
Tele2 AB, B Shares | 20,151 | 267,024 | |||
Consumer discretionary 0.5% | 723,566 | ||||
Household durables 0.5% | |||||
Garmin, Ltd. | 4,041 | 446,288 | |||
Sekisui House, Ltd. | 13,600 | 277,278 | |||
Consumer staples 6.3% | 9,103,344 | ||||
Beverages 0.9% | |||||
PepsiCo, Inc. | 3,909 | 640,060 | |||
The Coca-Cola Company | 11,373 | 707,856 | |||
Food and staples retailing 0.2% | |||||
Tesco PLC | 76,043 | 294,587 | |||
Food products 2.6% | |||||
Archer-Daniels-Midland Company | 9,428 | 739,627 | |||
General Mills, Inc. | 9,701 | 654,138 | |||
Hormel Foods Corp. | 13,873 | 660,910 | |||
Kellogg Company | 10,000 | 639,400 | |||
Mondelez International, Inc., Class A | 10,232 | 669,991 | |||
The J.M. Smucker Company | 2,337 | 314,911 | |||
Household products 1.7% | |||||
Colgate-Palmolive Company | 8,050 | 619,448 | |||
Kimberly-Clark Corp. | 4,678 | 608,842 | |||
The Clorox Company | 3,786 | 551,961 | |||
The Procter & Gamble Company | 4,214 | 656,920 | |||
Tobacco 0.9% | |||||
Altria Group, Inc. | 13,286 | 681,439 | |||
British American Tobacco PLC | 7,078 | 310,207 | |||
Imperial Brands PLC | 4,623 | 101,088 | |||
Japan Tobacco, Inc. | 13,700 | 251,959 | |||
Financials 4.4% | 6,320,710 | ||||
Banks 1.7% | |||||
BOC Hong Kong Holdings, Ltd. | 77,584 | 278,919 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 21 |
Shares | Value | ||||
Financials (continued) | |||||
Banks (continued) | |||||
Hang Seng Bank, Ltd. | 14,945 | $275,602 | |||
JPMorgan Chase & Co. | 2,820 | 399,876 | |||
Mitsubishi UFJ Financial Group, Inc. | 46,574 | 285,917 | |||
Mizuho Financial Group, Inc. | 17,600 | 231,953 | |||
Resona Holdings, Inc. | 24,100 | 107,782 | |||
Sumitomo Mitsui Financial Group, Inc. | 5,219 | 185,077 | |||
The Bank of Nova Scotia | 3,869 | 280,369 | |||
The PNC Financial Services Group, Inc. | 1,702 | 339,124 | |||
Capital markets 1.2% | |||||
Daiwa Securities Group, Inc. | 49,545 | 292,935 | |||
Northern Trust Corp. | 5,017 | 571,436 | |||
T. Rowe Price Group, Inc. | 3,770 | 544,991 | |||
The Blackstone Group, Inc. | 2,498 | 318,420 | |||
Insurance 1.5% | |||||
Admiral Group PLC | 6,826 | 271,918 | |||
Erie Indemnity Company, Class A | 3,298 | 577,480 | |||
Medibank Private, Ltd. | 113,608 | 262,038 | |||
MS&AD Insurance Group Holdings, Inc. | 8,898 | 301,079 | |||
Sompo Holdings, Inc. | 3,100 | 134,596 | |||
The Travelers Companies, Inc. | 2,279 | 391,601 | |||
Tokio Marine Holdings, Inc. | 4,738 | 269,597 | |||
Health care 3.3% | 4,750,951 | ||||
Biotechnology 1.0% | |||||
AbbVie, Inc. | 5,062 | 747,997 | |||
Amgen, Inc. | 2,972 | 673,099 | |||
Health care equipment and supplies 0.4% | |||||
Medtronic PLC | 6,145 | 645,164 | |||
Pharmaceuticals 1.9% | |||||
GlaxoSmithKline PLC | 12,868 | 268,351 | |||
Johnson & Johnson | 3,948 | 649,722 | |||
Merck & Company, Inc. | 8,128 | 622,442 | |||
Pfizer, Inc. | 11,667 | 547,649 | |||
Sanofi | 2,723 | 284,642 | |||
Takeda Pharmaceutical Company, Ltd. | 10,229 | 311,885 | |||
Industrials 1.2% | 1,782,075 | ||||
Air freight and logistics 0.4% | |||||
CH Robinson Worldwide, Inc. | 6,163 | 595,839 | |||
Industrial conglomerates 0.6% | |||||
3M Company | 3,650 | 542,573 | |||
CK Hutchison Holdings, Ltd. | 41,970 | 294,254 |
22 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Industrials (continued) | |||||
Marine 0.2% | |||||
SITC International Holdings Company, Ltd. | 84,743 | $349,409 | |||
Information technology 2.3% | 3,319,051 | ||||
Communications equipment 0.4% | |||||
Cisco Systems, Inc. | 10,889 | 607,280 | |||
IT services 0.4% | |||||
Paychex, Inc. | 5,272 | 627,684 | |||
Semiconductors and semiconductor equipment 0.9% | |||||
Broadcom, Inc. | 1,057 | 620,924 | |||
Texas Instruments, Inc. | 3,630 | 617,064 | |||
Software 0.2% | |||||
Oracle Corp. Japan | 3,800 | 271,417 | |||
Technology hardware, storage and peripherals 0.4% | |||||
NetApp, Inc. | 7,332 | 574,682 | |||
Materials 1.7% | 2,481,531 | ||||
Chemicals 0.5% | |||||
Evonik Industries AG | 5,569 | 167,636 | |||
International Flavors & Fragrances, Inc. | 4,582 | 609,406 | |||
Containers and packaging 0.5% | |||||
Packaging Corp. of America | 4,831 | 711,075 | |||
Metals and mining 0.5% | |||||
Newmont Corp. | 10,946 | 724,625 | |||
Paper and forest products 0.2% | |||||
UPM-Kymmene OYJ | 7,779 | 268,789 | |||
Real estate 1.4% | 2,018,733 | ||||
Equity real estate investment trusts 1.0% | |||||
Crown Castle International Corp. | 3,571 | 594,893 | |||
Extra Space Storage, Inc. | 3,166 | 595,683 | |||
Mapletree Logistics Trust | 214,100 | 278,358 | |||
Real estate management and development 0.4% | |||||
CK Asset Holdings, Ltd. | 46,509 | 293,753 | |||
Sun Hung Kai Properties, Ltd. | 22,024 | 256,046 | |||
Utilities 8.5% | 12,219,752 | ||||
Electric utilities 3.2% | |||||
Alliant Energy Corp. | 11,075 | 646,780 | |||
American Electric Power Company, Inc. | 7,291 | 660,929 | |||
CLP Holdings, Ltd. | 28,500 | 290,338 | |||
Evergy, Inc. | 9,926 | 619,482 | |||
Eversource Energy | 7,439 | 608,510 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 23 |
Shares | Value | ||||
Utilities (continued) | |||||
Electric utilities (continued) | |||||
Power Assets Holdings, Ltd. | 47,800 | $301,261 | |||
Red Electrica Corp. SA | 14,303 | 283,349 | |||
Terna - Rete Elettrica Nazionale | 36,837 | 301,798 | |||
The Kansai Electric Power Company, Inc. | 29,700 | 299,458 | |||
Xcel Energy, Inc. | 9,685 | 652,091 | |||
Gas utilities 0.4% | |||||
Enagas SA | 12,418 | 262,437 | |||
Snam SpA | 50,109 | 278,418 | |||
Multi-utilities 4.3% | |||||
Algonquin Power & Utilities Corp. | 16,000 | 738,080 | |||
Ameren Corp. | 7,755 | 666,542 | |||
CMS Energy Corp. | 10,384 | 664,680 | |||
Consolidated Edison, Inc. | 7,487 | 642,160 | |||
Dominion Energy, Inc. | 8,382 | 666,620 | |||
Dominion Energy, Inc. | 4,500 | 446,130 | |||
DTE Energy Company | 3,405 | 414,014 | |||
E.ON SE | 22,312 | 303,478 | |||
National Grid PLC | 19,614 | 296,551 | |||
Public Service Enterprise Group, Inc. | 10,269 | 665,739 | |||
WEC Energy Group, Inc. | 6,936 | 630,344 | |||
Water utilities 0.6% | |||||
Essential Utilities, Inc. | 12,698 | 598,203 | |||
United Utilities Group PLC | 19,673 | 282,360 | |||
Preferred securities 3.7% | $5,418,366 | ||||
(Cost $5,217,322) | |||||
Communication services 0.5% | 801,381 | ||||
Media 0.2% | |||||
Paramount Global, 5.750% (F) | 5,600 | 298,256 | |||
Wireless telecommunication services 0.3% | |||||
Telephone & Data Systems, Inc., 6.625% | 20,125 | 503,125 | |||
Financials 0.2% | 285,297 | ||||
Banks 0.2% | |||||
Wells Fargo & Company, 7.500% | 211 | 285,297 | |||
Industrials 0.1% | 167,722 | ||||
Trading companies and distributors 0.1% | |||||
Fortress Transportation and Infrastructure Investors LLC (8.250% 6-15-26, then 5 Year CMT + 7.378%) | 6,725 | 167,722 |
24 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Information technology 0.4% | $638,782 | ||||
Semiconductors and semiconductor equipment 0.4% | |||||
Broadcom, Inc., 8.000% | 350 | 638,782 | |||
Real estate 0.2% | 256,361 | ||||
Equity real estate investment trusts 0.2% | |||||
Pebblebrook Hotel Trust, 6.375% | 10,275 | 256,361 | |||
Utilities 2.3% | 3,268,823 | ||||
Electric utilities 0.9% | |||||
American Electric Power Company, Inc., 6.125% | 9,491 | 498,467 | |||
NextEra Energy, Inc., 6.219% | 10,224 | 512,222 | |||
SCE Trust VI, 5.000% | 10,564 | 225,858 | |||
Gas utilities 0.5% | |||||
Spire, Inc., 7.500% | 7,643 | 370,762 | |||
UGI Corp., 7.250% | 4,500 | 416,250 | |||
Independent power and renewable electricity producers 0.4% | |||||
The AES Corp., 6.875% | 6,700 | 577,339 | |||
Multi-utilities 0.5% | |||||
DTE Energy Company, 6.250% | 7,050 | 357,153 | |||
NiSource, Inc., 7.750% | 2,800 | 310,772 | |||
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 5.9% | $8,579,377 | ||||
(Cost $8,586,788) | |||||
Commercial paper 2.2% | 3,249,298 | ||||
Cooperative Rabobank UA | 0.190 | 05-03-22 | 750,000 | 749,597 | |
Manhattan Asset Funding Company LLC | 0.200 | 03-02-22 | 500,000 | 499,997 | |
Old Line Funding LLC | 0.150 | 03-02-22 | 750,000 | 749,996 | |
Swedbank | 0.300 | 04-20-22 | 750,000 | 749,722 | |
Thunder Bay Funding LLC | 0.200 | 03-10-22 | 500,000 | 499,986 | |
U.S. Government 1.7% | 2,488,112 | ||||
U.S. Treasury Bill | 0.242 | 12-01-22 | 2,500,000 | 2,488,112 |
Yield (%) | Shares | Value | |||
Short-term funds 2.0% | 2,841,967 | ||||
John Hancock Collateral Trust (G) | 0.0896(H) | 26,949 | 269,532 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 0.0265(H) | 2,572,435 | 2,572,435 |
Total investments (Cost $145,787,215) 99.6% | $144,041,588 | ||||
Other assets and liabilities, net 0.4% | 603,260 | ||||
Total net assets 100.0% | $144,644,848 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 25 |
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. | |
Currency Abbreviations | |
BRL | Brazilian Real |
EUR | Euro |
MXN | Mexican Peso |
Security Abbreviations and Legend | |
CMT | Constant Maturity Treasury |
ICE | Intercontinental Exchange |
LIBOR | London Interbank Offered Rate |
SOFR | Secured Overnight Financing Rate |
(A) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $54,227,463 or 37.5% of the fund’s net assets as of 2-28-22. |
(B) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(C) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(D) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(E) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
(F) | All or a portion of this security is on loan as of 2-28-22. |
(G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(H) | The rate shown is the annualized seven-day yield as of 2-28-22. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
26 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
USD | 976,754 | EUR | 859,325 | MSCS | 3/16/2022 | $12,697 | — |
USD | 556,081 | MXN | 11,470,000 | GSI | 3/16/2022 | — | $(2,649) |
$12,697 | $(2,649) |
Options on securities | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls | ||||||||
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 50.00 | Mar 2022 | 24 | 2,400 | $1,108 | $(144) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 49.50 | Mar 2022 | 24 | 2,400 | 971 | (516) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 49.50 | Mar 2022 | 23 | 2,300 | 446 | (702) |
Exchange-traded | iShares MSCI Japan ETF | USD | 66.00 | Mar 2022 | 20 | 2,000 | 699 | (210) |
Exchange-traded | iShares MSCI Japan ETF | USD | 66.50 | Mar 2022 | 19 | 1,900 | 324 | (409) |
$3,548 | $(1,981) | |||||||
Puts | ||||||||
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 48.50 | Mar 2022 | 50 | 5,000 | $4,699 | $(9,075) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 47.50 | Mar 2022 | 50 | 5,000 | 5,174 | (8,100) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 46.00 | Mar 2022 | 52 | 5,200 | 6,160 | (5,590) |
Exchange-traded | iShares MSCI Japan ETF | USD | 64.00 | Mar 2022 | 15 | 1,500 | 1,380 | (1,950) |
Exchange-traded | iShares MSCI Japan ETF | USD | 63.00 | Mar 2022 | 15 | 1,500 | 2,154 | (2,198) |
$19,567 | $(26,913) | |||||||
$23,115 | $(28,894) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 27 |
Options on index | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls | ||||||||
GSI | FTSE 100 Index | GBP | 7,725.00 | Mar 2022 | 7 | 7 | $306 | $(202) |
GSI | FTSE 100 Index | GBP | 7,646.00 | Mar 2022 | 7 | 7 | 568 | (713) |
$874 | $(915) | |||||||
Exchange-traded | EURO STOXX 50 Index | EUR | 4,200.00 | Mar 2022 | 3 | 30 | 1,125 | (195) |
Exchange-traded | EURO STOXX 50 Index | EUR | 4,050.00 | Mar 2022 | 4 | 40 | 1,972 | (2,579) |
Exchange-traded | S&P 500 Index | USD | 4,550.00 | Mar 2022 | 3 | 300 | 11,802 | (2,790) |
Exchange-traded | S&P 500 Index | USD | 4,425.00 | Mar 2022 | 3 | 300 | 12,440 | (20,384) |
Exchange-traded | S&P 500 Index | USD | 4,500.00 | Mar 2022 | 3 | 300 | 13,509 | (14,850) |
$40,848 | $(40,798) | |||||||
Puts | ||||||||
CITI | FTSE 100 Index | GBP | 7,550.00 | Mar 2022 | 6 | 6 | $1,025 | $(1,108) |
GSI | FTSE 100 Index | GBP | 7,405.00 | Mar 2022 | 6 | 6 | 1,870 | (1,472) |
$2,895 | $(2,580) | |||||||
Exchange-traded | EURO STOXX 50 Index | EUR | 4,100.00 | Mar 2022 | 4 | 40 | 4,074 | (8,373) |
Exchange-traded | EURO STOXX 50 Index | EUR | 3,850.00 | Mar 2022 | 4 | 40 | 5,836 | (4,602) |
Exchange-traded | S&P 500 Index | USD | 4,500.00 | Mar 2022 | 2 | 200 | 18,018 | (27,350) |
Exchange-traded | S&P 500 Index | USD | 4,275.00 | Mar 2022 | 2 | 200 | 21,933 | (13,850) |
Exchange-traded | S&P 500 Index | USD | 4,335.00 | Mar 2022 | 2 | 200 | 23,418 | (20,660) |
$73,279 | $(74,835) | |||||||
$117,896 | $(119,128) |
Derivatives Currency Abbreviations | |
EUR | Euro |
GBP | Pound Sterling |
MXN | Mexican Peso |
USD | U.S. Dollar |
Derivatives Abbreviations | |
CITI | Citibank, N.A. |
GSI | Goldman Sachs International |
MSCS | Morgan Stanley Capital Services LLC |
OTC | Over-the-counter |
28 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $145,517,648) including $264,300 of securities loaned | $143,772,056 |
Affiliated investments, at value (Cost $269,567) | 269,532 |
Total investments, at value (Cost $145,787,215) | 144,041,588 |
Unrealized appreciation on forward foreign currency contracts | 12,697 |
Cash | 392 |
Foreign currency, at value (Cost $469,320) | 469,050 |
Dividends and interest receivable | 1,327,390 |
Receivable for fund shares sold | 108 |
Receivable for investments sold | 153,670 |
Receivable for securities lending income | 1,372 |
Receivable from affiliates | 4,818 |
Other assets | 47,853 |
Total assets | 146,058,938 |
Liabilities | |
Unrealized depreciation on forward foreign currency contracts | 2,649 |
Written options, at value (Premiums received $141,011) | 148,022 |
Payable for investments purchased | 804,502 |
Payable for fund shares repurchased | 5,123 |
Payable upon return of securities loaned | 269,600 |
Payable to affiliates | |
Accounting and legal services fees | 5,185 |
Transfer agent fees | 463 |
Trustees’ fees | 50 |
Other liabilities and accrued expenses | 178,496 |
Total liabilities | 1,414,090 |
Net assets | $144,644,848 |
Net assets consist of | |
Paid-in capital | $149,752,441 |
Total distributable earnings (loss) | (5,107,593) |
Net assets | $144,644,848 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 29 |
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 ($4,208,945 ÷ 446,199 shares)1 | $9.43 |
Class C ($667,285 ÷ 71,134 shares)1 | $9.38 |
Class I ($501,488 ÷ 53,080 shares) | $9.45 |
Class R6 ($492,056 ÷ 52,043 shares) | $9.45 |
Class NAV ($138,775,074 ÷ 13,971,511 shares) | $9.93 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95.5%)2 | $9.87 |
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. |
30 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Interest | $2,493,677 |
Dividends | 974,679 |
Securities lending | 4,448 |
Less foreign taxes withheld | (26,410) |
Total investment income | 3,446,394 |
Expenses | |
Investment management fees | 317,034 |
Distribution and service fees | 8,978 |
Accounting and legal services fees | 9,456 |
Transfer agent fees | 3,171 |
Trustees’ fees | 1,145 |
Custodian fees | 53,915 |
State registration fees | 24,248 |
Printing and postage | 10,511 |
Professional fees | 28,459 |
Other | 10,052 |
Total expenses | 466,969 |
Less expense reductions | (61,983) |
Net expenses | 404,986 |
Net investment income | 3,041,408 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 1,642,713 |
Affiliated investments | (33) |
Capital gain distributions received from affiliated investments | 19 |
Forward foreign currency contracts | 39,757 |
Written options | 54,369 |
1,736,825 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (9,632,742) |
Affiliated investments | (35) |
Forward foreign currency contracts | 8,740 |
Written options | (46,060) |
(9,670,097) | |
Net realized and unrealized loss | (7,933,272) |
Decrease in net assets from operations | $(4,891,864) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 31 |
Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $3,041,408 | $6,137,772 |
Net realized gain | 1,736,825 | 8,622,921 |
Change in net unrealized appreciation (depreciation) | (9,670,097) | 4,064,233 |
Increase (decrease) in net assets resulting from operations | (4,891,864) | 18,824,926 |
Distributions to shareholders | ||
From earnings | ||
Class A | (330,824) | (245,069) |
Class C | (47,941) | (30,477) |
Class I | (38,090) | (26,789) |
Class R6 | (45,296) | (19,571) |
Class NAV | (10,465,491) | (8,113,451) |
Total distributions | (10,927,642) | (8,435,357) |
From fund share transactions | 3,346,331 | (1,548,975) |
Total increase (decrease) | (12,473,175) | 8,840,594 |
Net assets | ||
Beginning of period | 157,118,023 | 148,277,429 |
End of period | $144,644,848 | $157,118,023 |
32 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $10.52 | $9.86 | $9.88 | $9.67 | $9.93 | $9.75 |
Net investment income2 | 0.18 | 0.37 | 0.30 | 0.31 | 0.32 | 0.29 |
Net realized and unrealized gain (loss) on investments | (0.52) | 0.84 | (0.11)3 | 0.21 | (0.24) | 0.21 |
Total from investment operations | (0.34) | 1.21 | 0.19 | 0.52 | 0.08 | 0.50 |
Less distributions | ||||||
From net investment income | (0.21) | (0.47) | (0.21) | (0.31) | (0.34) | (0.32) |
From net realized gain | (0.54) | (0.08) | — | — | —4 | —4 |
Total distributions | (0.75) | (0.55) | (0.21) | (0.31) | (0.34) | (0.32) |
Net asset value, end of period | $9.43 | $10.52 | $9.86 | $9.88 | $9.67 | $9.93 |
Total return (%)5,6 | (3.48)7 | 12.67 | 1.96 | 5.52 | 0.80 | 5.30 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $4 | $5 | $5 | $5 | $5 | $6 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.968 | 1.00 | 1.599 | 3.889 | 2.289 | 2.779 |
Expenses including reductions | 0.888 | 0.89 | 0.909 | 0.629 | 0.629 | 0.639 |
Net investment income | 3.688 | 3.62 | 2.98 | 3.20 | 3.26 | 2.96 |
Portfolio turnover (%) | 27 | 79 | 42 | 29 | 50 | 17 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | 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 fund. |
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. |
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. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 33 |
CLASS C SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $10.47 | $9.81 | $9.85 | $9.64 | $9.90 | $9.72 |
Net investment income2 | 0.15 | 0.29 | 0.23 | 0.24 | 0.25 | 0.22 |
Net realized and unrealized gain (loss) on investments | (0.53) | 0.84 | (0.11)3 | 0.21 | (0.24) | 0.22 |
Total from investment operations | (0.38) | 1.13 | 0.12 | 0.45 | 0.01 | 0.44 |
Less distributions | ||||||
From net investment income | (0.17) | (0.39) | (0.16) | (0.24) | (0.27) | (0.26) |
From net realized gain | (0.54) | (0.08) | — | — | —4 | —4 |
Total distributions | (0.71) | (0.47) | (0.16) | (0.24) | (0.27) | (0.26) |
Net asset value, end of period | $9.38 | $10.47 | $9.81 | $9.85 | $9.64 | $9.90 |
Total return (%)5,6 | (3.78)7 | 11.75 | 1.24 | 4.80 | 0.09 | 4.58 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1 | $1 | $1 | $1 | $1 | $2 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.718 | 1.75 | 2.309 | 4.589 | 2.989 | 3.479 |
Expenses including reductions | 1.638 | 1.64 | 1.629 | 1.329 | 1.329 | 1.339 |
Net investment income | 2.948 | 2.87 | 2.27 | 2.51 | 2.54 | 2.30 |
Portfolio turnover (%) | 27 | 79 | 42 | 29 | 50 | 17 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | 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 fund. |
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. |
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. |
34 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $10.54 | $9.88 | $9.89 | $9.67 | $9.93 | $9.76 |
Net investment income2 | 0.20 | 0.40 | 0.33 | 0.34 | 0.36 | 0.32 |
Net realized and unrealized gain (loss) on investments | (0.52) | 0.83 | (0.11)3 | 0.22 | (0.25) | 0.20 |
Total from investment operations | (0.32) | 1.23 | 0.22 | 0.56 | 0.11 | 0.52 |
Less distributions | ||||||
From net investment income | (0.23) | (0.49) | (0.23) | (0.34) | (0.37) | (0.35) |
From net realized gain | (0.54) | (0.08) | — | — | —4 | —4 |
Total distributions | (0.77) | (0.57) | (0.23) | (0.34) | (0.37) | (0.35) |
Net asset value, end of period | $9.45 | $10.54 | $9.88 | $9.89 | $9.67 | $9.93 |
Total return (%)5 | (3.25)6 | 12.83 | 2.28 | 5.94 | 1.11 | 5.51 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1 | $1 | $—7 | $—7 | $—7 | $3 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.718 | 0.75 | 1.309 | 3.609 | 1.989 | 2.469 |
Expenses including reductions | 0.638 | 0.64 | 0.629 | 0.349 | 0.329 | 0.319 |
Net investment income | 3.938 | 3.87 | 3.29 | 3.50 | 3.59 | 3.32 |
Portfolio turnover (%) | 27 | 79 | 42 | 29 | 50 | 17 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | 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 fund. |
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 | Less than $500,000. |
8 | 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. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 35 |
CLASS R6 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $10.55 | $9.89 | $9.89 | $9.68 | $9.94 | $9.76 |
Net investment income2 | 0.20 | 0.41 | 0.35 | 0.34 | 0.37 | 0.33 |
Net realized and unrealized gain (loss) on investments | (0.53) | 0.84 | (0.11)3 | 0.22 | (0.25) | 0.21 |
Total from investment operations | (0.33) | 1.25 | 0.24 | 0.56 | 0.12 | 0.54 |
Less distributions | ||||||
From net investment income | (0.23) | (0.51) | (0.24) | (0.35) | (0.38) | (0.36) |
From net realized gain | (0.54) | (0.08) | — | — | —4 | —4 |
Total distributions | (0.77) | (0.59) | (0.24) | (0.35) | (0.38) | (0.36) |
Net asset value, end of period | $9.45 | $10.55 | $9.89 | $9.89 | $9.68 | $9.94 |
Total return (%)5 | (3.29)6 | 12.95 | 2.46 | 5.94 | 1.20 | 5.73 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—7 | $1 | $—7 | $—7 | $—7 | $1 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.618 | 0.65 | 1.199 | 3.489 | 1.889 | 2.379 |
Expenses including reductions | 0.538 | 0.53 | 0.509 | 0.229 | 0.229 | 0.229 |
Net investment income | 4.048 | 3.99 | 3.45 | 3.53 | 3.69 | 3.42 |
Portfolio turnover (%) | 27 | 79 | 42 | 29 | 50 | 17 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | 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 fund. |
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 | Less than $500,000. |
8 | 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. |
36 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-202 |
Per share operating performance | |||
Net asset value, beginning of period | $11.04 | $10.32 | $10.00 |
Net investment income3 | 0.21 | 0.43 | 0.09 |
Net realized and unrealized gain (loss) on investments | (0.55) | 0.88 | 0.28 |
Total from investment operations | (0.34) | 1.31 | 0.37 |
Less distributions | |||
From net investment income | (0.23) | (0.51) | (0.05) |
From net realized gain | (0.54) | (0.08) | — |
Total distributions | (0.77) | (0.59) | (0.05) |
Net asset value, end of period | $9.93 | $11.04 | $10.32 |
Total return (%)4 | (3.23)5 | 13.00 | 3.675 |
Ratios and supplemental data | |||
Net assets, end of period (in millions) | $139 | $151 | $142 |
Ratios (as a percentage of average net assets): | |||
Expenses before reductions | 0.606 | 0.64 | 1.176 |
Expenses including reductions | 0.526 | 0.52 | 0.496 |
Net investment income | 4.056 | 3.98 | 3.776 |
Portfolio turnover (%) | 27 | 79 | 427 |
1 | Six months ended 2-28-22. Unaudited. |
2 | The inception date for Class NAV shares is 6-4-20. |
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 | Annualized. |
7 | The portfolio turnover is shown for the period from 9-1-19 to 8-31-20. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 37 |
38 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Foreign government obligations | $1,892,299 | — | $1,892,299 | — |
Corporate bonds | 77,746,635 | — | 77,746,635 | — |
Term loans | 1,768,244 | — | 1,768,244 | — |
Collateralized mortgage obligations | 418,096 | — | 418,096 | — |
Asset backed securities | 1,258,647 | — | 1,258,647 | — |
Common stocks | 46,959,924 | $33,938,383 | 13,021,541 | — |
Preferred securities | 5,418,366 | 5,418,366 | — | — |
Short-term investments | 8,579,377 | 2,841,967 | 5,737,410 | — |
Total investments in securities | $144,041,588 | $42,198,716 | $101,842,872 | — |
Derivatives: | ||||
Assets | ||||
Forward foreign currency contracts | $12,697 | — | $12,697 | — |
Liabilities |
SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 39 |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Forward foreign currency contracts | $(2,649) | — | $(2,649) | — |
Written options | (148,022) | $(146,712) | (1,310) | — |
40 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 41 |
42 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 43 |
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 | $12,697 | $(2,649) |
Equity | Written options, at value | Written options | — | (148,022) |
$12,697 | $(150,671) |
Statement of operations location - Net realized gain (loss) on: | |||
Risk | Forward foreign currency contracts | Written options | Total |
Currency | $39,757 | — | $39,757 |
Equity | — | $54,369 | 54,369 |
Total | $39,757 | $54,369 | $94,126 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |||
Risk | Forward foreign currency contracts | Written options | Total |
Currency | $8,740 | — | $8,740 |
Equity | — | $(46,060) | (46,060) |
Total | $8,740 | $(46,060) | $(37,320) |
44 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT |
First $5.0 billion of net assets | Excess over $5.0 billion of net assets | |
Assets in a fund of the Trust or JHF III | 0.200% | 0.175% |
First $1.5 billion of net assets | Excess over $1.5 billion of net assets | |
Other assets | 0.420% | 0.410% |
SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 45 |
Class | Expense reduction |
Class A | $1,831 |
Class C | 280 |
Class I | 207 |
Class | Expense reduction |
Class R6 | $228 |
Class NAV | 59,437 |
Total | $61,983 |
Class | Rule 12b-1 Fee |
Class A | 0.25% |
Class C | 1.00% |
46 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $5,578 | $2,490 |
Class C | 3,400 | 379 |
Class I | — | 278 |
Class R6 | — | 24 |
Total | $8,978 | $3,171 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 29,356 | $298,480 | 38,590 | $399,522 |
Distributions reinvested | 33,376 | 327,214 | 23,785 | 242,236 |
Repurchased | (47,622) | (473,094) | (117,117) | (1,188,239) |
Net increase (decrease) | 15,110 | $152,600 | (54,742) | $(546,481) |
Class C shares | ||||
Sold | 3,149 | $31,812 | 14,400 | $149,217 |
Distributions reinvested | 4,911 | 47,854 | 2,963 | 30,024 |
Repurchased | (6,204) | (63,234) | (19,117) | (195,590) |
Net increase (decrease) | 1,856 | $16,432 | (1,754) | $(16,349) |
Class I shares | ||||
Sold | 8,399 | $85,601 | 1,315 | $13,675 |
Distributions reinvested | 3,878 | 38,090 | 2,625 | 26,789 |
Repurchased | (7,254) | (74,442) | (3,395) | (34,057) |
Net increase | 5,023 | $49,249 | 545 | $6,407 |
Class R6 shares | ||||
Sold | 5,023 | $51,833 | 35,785 | $363,043 |
Distributions reinvested | 4,605 | 45,296 | 1,902 | 19,571 |
Repurchased | (11,444) | (113,071) | (8,950) | (88,928) |
Net increase (decrease) | (1,816) | $(15,942) | 28,737 | $293,686 |
SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 47 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 40,992 | $432,050 | 204,291 | $2,176,352 |
Distributions reinvested | 1,013,557 | 10,465,491 | 759,701 | 8,113,451 |
Repurchased | (737,260) | (7,753,549) | (1,071,943) | (11,576,041) |
Net increase (decrease) | 317,289 | $3,143,992 | (107,951) | $(1,286,238) |
Total net increase (decrease) | 337,462 | $3,346,331 | (135,165) | $(1,548,975) |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 34.3% |
John Hancock Funds II Multimanager Lifestyle Conservative Portfolio | 31.8% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 29.8% |
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 |
John Hancock Collateral Trust* | 26,949 | — | $472,200 | $(202,600) | $(33) | $(35) | $4,448 | $19 | $269,532 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
48 | JOHN HANCOCK Multi-Asset High Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 49 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Geoffrey Kelley, CFA
Caryn E. Rothman, CFA
Nathan W. Thooft, CFA
Christopher Walsh, CFA
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
50 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | SEMIANNUAL REPORT |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2071537 | 448SA 2/22 |
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 1 |
2 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 3 |
TOP 10 ISSUERS AS OF 2/28/2022 (% of net assets) | |
Petroleos Mexicanos | 4.1 |
Pertamina Persero PT | 3.9 |
Republic of Turkey | 3.3 |
Kingdom of Saudi Arabia | 2.8 |
Arab Republic of Egypt | 2.5 |
Petrobras Global Finance BV | 2.3 |
Sultanate of Oman | 2.2 |
Republic of Argentina | 2.1 |
State of Qatar | 2.0 |
Mexico City Airport Trust | 2.0 |
TOTAL | 27.2 |
Cash and cash equivalents are not included. |
TOP 10 COUNTRIES AS OF 2/28/2022 (% of net assets) | |
Mexico | 12.5 |
Brazil | 6.6 |
Indonesia | 5.5 |
Luxembourg | 5.3 |
Turkey | 4.5 |
Peru | 3.3 |
Netherlands | 3.1 |
Dominican Republic | 3.1 |
Colombia | 2.9 |
Argentina | 2.8 |
TOTAL | 49.6 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | ||||||
1-year | 5-year | 10-year | 6-month | 5-year | 10-year | as of 2-28-22 | as of 2-28-22 | ||
Class A | -10.82 | 1.08 | 2.52 | -14.11 | 5.54 | 28.32 | 4.96 | 4.95 | |
Class C1 | -8.62 | 1.18 | 2.38 | -11.76 | 6.03 | 26.55 | 4.43 | 4.42 | |
Class I2 | -6.78 | 2.21 | 3.28 | -10.42 | 11.55 | 38.12 | 5.49 | 5.48 | |
Class R21,2 | -6.95 | 1.99 | 3.03 | -10.36 | 10.37 | 34.78 | 5.34 | 5.33 | |
Class R61,2 | -6.69 | 2.31 | 3.24 | -10.29 | 12.11 | 37.60 | 5.61 | 5.60 | |
Class NAV1,2 | -6.68 | 2.33 | 3.34 | -10.28 | 12.23 | 38.91 | 5.62 | 5.61 | |
Index†† | -6.10 | 1.97 | 3.57 | -10.02 | 10.27 | 42.06 | — | — |
Class A | Class C | Class I | Class R2 | Class R6 | Class NAV | |
Gross (%) | 1.17 | 1.87 | 0.87 | 1.27 | 0.77 | 0.76 |
Net (%) | 1.16 | 1.86 | 0.86 | 1.26 | 0.76 | 0.75 |
SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 5 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 2-29-12 | 12,655 | 12,655 | 14,206 |
Class I2 | 2-29-12 | 13,812 | 13,812 | 14,206 |
Class R21,2 | 2-29-12 | 13,478 | 13,478 | 14,206 |
Class R61,2 | 2-29-12 | 13,760 | 13,760 | 14,206 |
Class NAV1,2 | 2-29-12 | 13,891 | 13,891 | 14,206 |
1 | Class R2 and Class R6 shares were first offered on 3-27-15. Class C and Class NAV shares were first offered on 8-28-14 and 6-20-13, respectively. Returns prior to these dates are those of Class A shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
6 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 7 |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $894.40 | $5.45 | 1.16% |
Hypothetical example | 1,000.00 | 1,019.00 | 5.81 | 1.16% | |
Class C | Actual expenses/actual returns | 1,000.00 | 891.10 | 8.72 | 1.86% |
Hypothetical example | 1,000.00 | 1,015.60 | 9.30 | 1.86% | |
Class I | Actual expenses/actual returns | 1,000.00 | 895.80 | 4.04 | 0.86% |
Hypothetical example | 1,000.00 | 1,020.50 | 4.31 | 0.86% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 896.40 | 4.75 | 1.01% |
Hypothetical example | 1,000.00 | 1,019.80 | 5.06 | 1.01% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 897.10 | 3.57 | 0.76% |
Hypothetical example | 1,000.00 | 1,021.00 | 3.81 | 0.76% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 897.20 | 3.53 | 0.75% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.76 | 0.75% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
8 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
Foreign government obligations 38.0% | $408,618,034 | ||||
(Cost $477,032,542) | |||||
Angola 0.3% | 2,783,400 | ||||
Republic of Angola | |||||
Bond (A) | 9.125 | 11-26-49 | 3,000,000 | 2,783,400 | |
Argentina 2.6% | 28,185,169 | ||||
Provincia de Buenos Aires | |||||
Bond (3.900% to 9-1-22, then 5.250% to 9-1-23, then 6.375% to 9-1-24, then 6.625% thereafter) (A) | 3.900 | 09-01-37 | 10,689,333 | 4,516,243 | |
Provincia de Rio Negro | |||||
Bond (4.875% to 9-10-22, then 6.625% to 9-10-23, then 6.875% thereafter) (A) | 4.875 | 03-10-28 | 2,462,111 | 1,514,198 | |
Republic of Argentina | |||||
Bond (0.500% to 7-9-23, then 0.750% to 7-9-27, then 1.750% thereafter) | 0.500 | 07-09-30 | 9,390,259 | 2,995,493 | |
Bond (1.125% to 7-9-22, then 1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.375% to 7-9-28, then 5.000% thereafter) (B) | 1.125 | 07-09-46 | 4,300,000 | 1,285,700 | |
Bond (1.125% to 7-9-22, then 1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter) | 1.125 | 07-09-35 | 27,207,840 | 8,053,521 | |
Bond (2.000% to 7-9-22, then 3.875% to 7-9-23, then 4.250% to 7-9-24, then 5.000% thereafter) | 2.000 | 01-09-38 | 26,540,579 | 9,820,014 | |
Armenia 0.3% | 3,400,000 | ||||
Republic of Armenia | |||||
Bond (A) | 3.600 | 02-02-31 | 4,000,000 | 3,400,000 | |
Bahrain 1.7% | 18,174,200 | ||||
Kingdom of Bahrain | |||||
Bond (A) | 5.250 | 01-25-33 | 6,000,000 | 5,310,000 | |
Bond (A) | 7.000 | 10-12-28 | 3,450,000 | 3,653,736 | |
Bond (A) | 7.375 | 05-14-30 | 8,700,000 | 9,210,464 | |
Brazil 1.9% | 20,758,570 | ||||
Federative Republic of Brazil | |||||
Bond | 5.625 | 01-07-41 | 4,300,000 | 4,176,676 | |
Note | 10.000 | 01-01-27 | BRL | 88,000,000 | 16,581,894 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 9 |
Rate (%) | Maturity date | Par value^ | Value | ||
China 1.3% | $13,506,098 | ||||
People’s Republic of China | |||||
Bond | 3.020 | 05-27-31 | CNY | 84,000,000 | 13,506,098 |
Colombia 1.4% | 14,868,762 | ||||
Republic of Colombia | |||||
Bond | 3.125 | 04-15-31 | 7,770,000 | 6,584,997 | |
Bond | 5.000 | 06-15-45 | 6,900,000 | 5,749,425 | |
Bond | 5.200 | 05-15-49 | 3,000,000 | 2,534,340 | |
Costa Rica 0.1% | 1,012,500 | ||||
Republic of Costa Rica | |||||
Bond | 4.250 | 01-26-23 | 1,000,000 | 1,012,500 | |
Dominican Republic 2.0% | 21,111,003 | ||||
Government of Dominican Republic | |||||
Bond (A) | 5.300 | 01-21-41 | 5,000,000 | 4,287,550 | |
Bond (A) | 5.875 | 01-30-60 | 5,350,000 | 4,507,429 | |
Bond | 5.875 | 01-30-60 | 1,500,000 | 1,264,515 | |
Bond (A) | 5.950 | 01-25-27 | 1,500,000 | 1,554,765 | |
Bond | 5.950 | 01-25-27 | 900,000 | 932,859 | |
Bond | 6.850 | 01-27-45 | 5,800,000 | 5,675,358 | |
Bond (A) | 6.875 | 01-29-26 | 2,650,000 | 2,888,527 | |
Egypt 2.5% | 27,317,292 | ||||
Arab Republic of Egypt | |||||
Bond (A) | 3.875 | 02-16-26 | 5,000,000 | 4,314,200 | |
Bond (A) | 5.875 | 06-11-25 | 3,000,000 | 2,934,946 | |
Bond (A) | 7.500 | 01-31-27 | 3,700,000 | 3,533,233 | |
Bond (A) | 7.903 | 02-21-48 | 9,200,000 | 6,779,461 | |
Bond | 7.903 | 02-21-48 | 2,000,000 | 1,473,796 | |
Bond | 8.500 | 01-31-47 | 4,600,000 | 3,568,176 | |
Bond (A) | 8.875 | 05-29-50 | 6,000,000 | 4,713,480 | |
El Salvador 0.2% | 2,687,500 | ||||
Republic of El Salvador | |||||
Bond | 9.500 | 07-15-52 | 5,000,000 | 2,687,500 | |
Georgia 0.1% | 954,780 | ||||
Republic of Georgia | |||||
Bond (A) | 2.750 | 04-22-26 | 1,000,000 | 954,780 | |
Ghana 0.8% | 8,886,189 | ||||
Republic of Ghana | |||||
Bond | 7.625 | 05-16-29 | 3,275,000 | 2,216,650 | |
Bond (A) | 7.875 | 02-11-35 | 1,200,000 | 784,111 | |
Bond | 8.125 | 01-18-26 | 3,150,000 | 2,448,983 | |
Bond | 8.950 | 03-26-51 | 5,300,000 | 3,436,445 |
10 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Honduras 0.1% | $955,500 | ||||
Republic of Honduras | |||||
Bond (A) | 6.250 | 01-19-27 | 1,050,000 | 955,500 | |
Indonesia 0.9% | 9,869,824 | ||||
Republic of Indonesia | |||||
Bond (A) | 4.750 | 01-08-26 | 6,350,000 | 6,804,748 | |
Bond | 6.625 | 02-17-37 | 2,421,000 | 3,065,076 | |
Iraq 0.8% | 8,443,095 | ||||
Republic of Iraq | |||||
Bond | 5.800 | 01-15-28 | 7,558,500 | 7,250,005 | |
Bond (A) | 6.752 | 03-09-23 | 1,200,000 | 1,193,090 | |
Ivory Coast 0.7% | 7,960,319 | ||||
Republic of Ivory Coast | |||||
Bond (A) | 4.875 | 01-30-32 | EUR | 8,350,000 | 7,960,319 |
Kenya 0.5% | 5,519,285 | ||||
Republic of Kenya | |||||
Bond (A)(B) | 8.000 | 05-22-32 | 3,000,000 | 2,827,830 | |
Bond (A) | 8.250 | 02-28-48 | 3,100,000 | 2,691,455 | |
Mexico 1.0% | 10,580,460 | ||||
Government of Mexico | |||||
Bond | 4.600 | 01-23-46 | 11,000,000 | 10,580,460 | |
Morocco 0.5% | 5,126,875 | ||||
Kingdom of Morocco | |||||
Bond (A) | 4.000 | 12-15-50 | 6,500,000 | 5,126,875 | |
Namibia 0.3% | 3,462,183 | ||||
Republic of Namibia | |||||
Bond (A) | 5.250 | 10-29-25 | 3,400,000 | 3,462,183 | |
Nigeria 1.4% | 14,912,033 | ||||
Federal Republic of Nigeria | |||||
Bond | 7.625 | 11-28-47 | 2,550,000 | 2,064,392 | |
Bond (A) | 7.696 | 02-23-38 | 2,600,000 | 2,196,548 | |
Bond (A) | 7.875 | 02-16-32 | 2,000,000 | 1,841,771 | |
Bond | 7.875 | 02-16-32 | 4,500,000 | 4,143,986 | |
Bond | 9.248 | 01-21-49 | 5,000,000 | 4,665,336 | |
Oman 2.2% | 23,386,230 | ||||
Sultanate of Oman | |||||
Bond | 5.625 | 01-17-28 | 6,000,000 | 6,126,077 | |
Bond | 6.750 | 01-17-48 | 11,500,000 | 11,087,278 | |
Bond (A) | 7.000 | 01-25-51 | 6,250,000 | 6,172,875 | |
Pakistan 0.3% | 3,723,836 | ||||
Republic of Pakistan | |||||
Bond (A) | 6.875 | 12-05-27 | 4,000,000 | 3,723,836 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Panama 0.5% | $5,037,325 | ||||
Republic of Panama | |||||
Bond | 6.700 | 01-26-36 | 3,050,000 | 3,743,875 | |
Bond | 8.875 | 09-30-27 | 1,000,000 | 1,293,450 | |
Peru 0.2% | 2,715,270 | ||||
Republic of Peru | |||||
Bond | 3.550 | 03-10-51 | 3,000,000 | 2,715,270 | |
Philippines 0.8% | 8,496,002 | ||||
Republic of the Philippines | |||||
Bond | 3.950 | 01-20-40 | 8,600,000 | 8,496,002 | |
Qatar 2.0% | 22,063,878 | ||||
State of Qatar | |||||
Bond | 4.500 | 04-23-28 | 4,100,000 | 4,560,151 | |
Bond (A) | 4.817 | 03-14-49 | 10,000,000 | 12,139,200 | |
Bond (A) | 5.103 | 04-23-48 | 4,250,000 | 5,364,527 | |
Saudi Arabia 2.8% | 29,830,278 | ||||
Kingdom of Saudi Arabia | |||||
Bond (A) | 2.250 | 02-02-33 | 7,760,000 | 7,298,280 | |
Bond (A) | 5.250 | 01-16-50 | 18,650,000 | 22,531,998 | |
Senegal 0.3% | 2,880,993 | ||||
Republic of Senegal | |||||
Bond (A) | 6.250 | 05-23-33 | 1,600,000 | 1,486,964 | |
Bond | 6.250 | 05-23-33 | 1,500,000 | 1,394,029 | |
Serbia 0.1% | 1,088,750 | ||||
Republic of Serbia | |||||
Bond (A) | 2.125 | 12-01-30 | 1,300,000 | 1,088,750 | |
South Africa 1.7% | 18,530,809 | ||||
Republic of South Africa | |||||
Bond | 4.300 | 10-12-28 | 3,300,000 | 3,172,390 | |
Bond | 8.000 | 01-31-30 | ZAR | 256,173,733 | 15,358,419 |
Sri Lanka 0.3% | 3,300,000 | ||||
Republic of Sri Lanka | |||||
Bond (B) | 6.750 | 04-18-28 | 7,500,000 | 3,300,000 | |
Turkey 4.0% | 42,533,206 | ||||
Istanbul Metropolitan Municipality | |||||
Bond (A)(B) | 6.375 | 12-09-25 | 8,150,000 | 7,498,000 | |
Republic of Turkey | |||||
Bond | 4.250 | 04-14-26 | 9,000,000 | 7,987,500 | |
Bond | 5.875 | 06-26-31 | 10,000,000 | 8,465,000 | |
Bond | 5.950 | 01-15-31 | 5,000,000 | 4,250,000 | |
Bond | 6.000 | 01-14-41 | 18,650,000 | 14,332,706 | |
Ukraine 0.8% | 8,231,800 | ||||
Republic of Ukraine |
12 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Ukraine (continued) | |||||
Bond (A) | 7.253 | 03-15-33 | 22,800,000 | $7,489,800 | |
GDP-Linked Bond | 1.258 | 05-31-40 | 3,500,000 | 742,000 | |
Uzbekistan 0.6% | 6,324,620 | ||||
Republic of Uzbekistan | |||||
Bond (A) | 3.700 | 11-25-30 | 2,700,000 | 2,335,500 | |
Bond (A) | 5.375 | 02-20-29 | 4,000,000 | 3,989,120 | |
Corporate bonds 51.9% | $557,150,452 | ||||
(Cost $596,262,508) | |||||
Argentina 0.2% | 2,631,136 | ||||
Telecom Argentina SA (A)(B) | 8.000 | 07-18-26 | 2,830,000 | 2,631,136 | |
Austria 0.4% | 4,148,240 | ||||
Klabin Austria GmbH (A) | 7.000 | 04-03-49 | 4,000,000 | 4,148,240 | |
Bermuda 0.4% | 4,140,000 | ||||
Investment Energy Resources, Ltd. (A) | 6.250 | 04-26-29 | 4,000,000 | 4,140,000 | |
Brazil 4.7% | 49,914,997 | ||||
Globo Comunicacao e Participacoes SA (A) | 4.875 | 01-22-30 | 6,900,000 | 6,166,944 | |
Globo Comunicacao e Participacoes SA (A) | 5.500 | 01-14-32 | 3,000,000 | 2,745,000 | |
MC Brazil Downstream Trading SARL (A) | 7.250 | 06-30-31 | 6,000,000 | 5,550,000 | |
Odebrecht Holdco Finance, Ltd. (C) | 14.760 | 09-10-58 | 1,396,835 | 8,493 | |
Odebrecht Holdco Finance, Ltd. (A)(C) | 14.760 | 09-10-58 | 1,671,394 | 10,162 | |
Odebrecht Offshore Drilling Finance, Ltd. (A) | 6.720 | 12-01-22 | 105,138 | 103,562 | |
Odebrecht Offshore Drilling Finance, Ltd. (1.000% Cash and 6.720% PIK) (A) | 7.720 | 12-01-26 | 2,058,495 | 432,305 | |
Odebrecht Oil & Gas Finance, Ltd., Zero Coupon (A)(D) | 0.000 | 03-28-22 | 253,378 | 475 | |
Petrobras Global Finance BV | 5.093 | 01-15-30 | 7,122,000 | 7,068,279 | |
Petrobras Global Finance BV | 5.600 | 01-03-31 | 7,600,000 | 7,596,124 | |
Petrobras Global Finance BV | 6.850 | 06-05-15 | 10,376,000 | 9,626,853 | |
Vale Overseas, Ltd. | 3.750 | 07-08-30 | 3,000,000 | 2,968,500 | |
Vale Overseas, Ltd. | 6.875 | 11-21-36 | 6,210,000 | 7,638,300 | |
Cayman Islands 0.5% | 5,138,126 | ||||
Latam Finance, Ltd. (A)(E) | 7.000 | 03-01-26 | 5,350,000 | 5,043,766 | |
OEC Finance, Ltd. (5.250% Cash or 7.875% PIK) | 5.250 | 12-27-33 | 1,228,660 | 36,872 | |
OEC Finance, Ltd. (7.500% Cash or 11.250% PIK) (A)(D) | 7.500 | 03-28-22 | 1,511,240 | 57,488 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Chile 1.1% | $11,311,360 | ||||
Colbun SA | 3.950 | 10-11-27 | 4,000,000 | 4,075,040 | |
Enel Americas SA (B) | 4.000 | 10-25-26 | 4,000,000 | 4,120,040 | |
Sociedad Quimica y Minera de Chile SA (A) | 4.250 | 05-07-29 | 3,000,000 | 3,116,280 | |
Colombia 1.5% | 15,876,342 | ||||
Ecopetrol SA | 5.875 | 05-28-45 | 9,700,000 | 8,451,125 | |
Empresas Publicas de Medellin ESP (A) | 4.250 | 07-18-29 | 2,300,000 | 2,044,470 | |
Grupo Energia Bogota SA ESP (A)(B) | 4.875 | 05-15-30 | 2,200,000 | 2,230,712 | |
Promigas SA ESP (A) | 3.750 | 10-16-29 | 3,500,000 | 3,150,035 | |
Costa Rica 0.8% | 9,080,460 | ||||
Instituto Costarricense de Electricidad | 6.375 | 05-15-43 | 10,980,000 | 9,080,460 | |
Dominican Republic 1.1% | 11,298,750 | ||||
Aeropuertos Dominicanos Siglo XXI SA (A) | 6.750 | 03-30-29 | 4,150,000 | 4,077,375 | |
Aeropuertos Dominicanos Siglo XXI SA | 6.750 | 03-30-29 | 7,350,000 | 7,221,375 | |
Guatemala 0.5% | 5,609,464 | ||||
CT Trust (A)(B) | 5.125 | 02-03-32 | 5,600,000 | 5,609,464 | |
Hong Kong 0.5% | 5,062,120 | ||||
Sinochem Overseas Capital Company, Ltd. | 6.300 | 11-12-40 | 4,000,000 | 5,062,120 | |
India 2.8% | 30,561,067 | ||||
Adani Ports & Special Economic Zone, Ltd. (A) | 3.100 | 02-02-31 | 4,500,000 | 3,911,580 | |
Adani Ports & Special Economic Zone, Ltd. (A) | 4.200 | 08-04-27 | 4,100,000 | 4,094,178 | |
Adani Ports & Special Economic Zone, Ltd. (A) | 4.375 | 07-03-29 | 3,500,000 | 3,433,454 | |
Shriram Transport Finance Company, Ltd. (A)(B) | 4.400 | 03-13-24 | 5,700,000 | 5,578,875 | |
Shriram Transport Finance Company, Ltd. (A) | 5.100 | 07-16-23 | 4,000,000 | 4,025,000 | |
Vedanta Resources, Ltd. (A) | 6.375 | 07-30-22 | 2,990,000 | 2,930,200 | |
Vedanta Resources, Ltd. (B) | 7.125 | 05-31-23 | 3,020,000 | 2,794,255 | |
Vedanta Resources, Ltd. (A)(B) | 7.125 | 05-31-23 | 4,100,000 | 3,793,525 | |
Indonesia 4.6% | 49,717,104 | ||||
Cikarang Listrindo Tbk PT (A)(B) | 4.950 | 09-14-26 | 7,750,000 | 7,769,375 | |
Pertamina Persero PT (A) | 4.700 | 07-30-49 | 7,000,000 | 6,857,174 | |
Pertamina Persero PT | 6.000 | 05-03-42 | 8,200,000 | 9,122,463 | |
Pertamina Persero PT (A) | 6.000 | 05-03-42 | 14,300,000 | 15,908,685 |
14 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Indonesia (continued) | |||||
Pertamina Persero PT (A) | 6.450 | 05-30-44 | 8,500,000 | $10,059,407 | |
Luxembourg 5.3% | 57,133,817 | ||||
Atento Luxco 1 SA (A) | 8.000 | 02-10-26 | 7,000,000 | 7,107,786 | |
Hidrovias International Finance SARL (A) | 4.950 | 02-08-31 | 6,000,000 | 5,122,560 | |
JBS Finance Luxembourg Sarl | 3.625 | 01-15-32 | 5,000,000 | 4,536,750 | |
Kenbourne Invest SA (A) | 4.700 | 01-22-28 | 6,800,000 | 6,307,000 | |
Kenbourne Invest SA (A) | 6.875 | 11-26-24 | 4,000,000 | 4,045,000 | |
Klabin Finance SA (A)(B) | 4.875 | 09-19-27 | 5,800,000 | 5,923,308 | |
Millicom International Cellular SA (A) | 4.500 | 04-27-31 | 758,000 | 709,261 | |
Millicom International Cellular SA (A) | 5.125 | 01-15-28 | 5,220,000 | 5,037,300 | |
Petrorio Luxembourg Trading Sarl (A) | 6.125 | 06-09-26 | 8,750,000 | 8,542,275 | |
Rede D’or Finance Sarl (A) | 4.500 | 01-22-30 | 4,265,000 | 3,940,007 | |
Simpar Europe SA (A) | 5.200 | 01-26-31 | 7,000,000 | 5,862,570 | |
Mauritius 1.3% | 14,126,914 | ||||
HTA Group, Ltd. (A) | 7.000 | 12-18-25 | 4,900,000 | 4,958,212 | |
MTN Mauritius Investments, Ltd. (A) | 4.755 | 11-11-24 | 5,950,000 | 5,968,898 | |
MTN Mauritius Investments, Ltd. | 6.500 | 10-13-26 | 3,000,000 | 3,199,804 | |
Mexico 11.5% | 123,280,935 | ||||
Alpek SAB de CV (A) | 4.250 | 09-18-29 | 2,000,000 | 1,987,500 | |
Banco Mercantil del Norte SA (7.500% to 6-27-29, then 10 Year CMT + 5.470%) (A)(D) | 7.500 | 06-27-29 | 2,200,000 | 2,150,060 | |
Braskem Idesa SAPI (A) | 6.990 | 02-20-32 | 4,790,000 | 4,574,450 | |
Cemex SAB de CV (A) | 3.875 | 07-11-31 | 7,750,000 | 6,887,890 | |
Credito Real SAB de CV (A)(B) | 9.500 | 02-07-26 | 10,000,000 | 1,800,100 | |
Credito Real SAB de CV (9.125% to 11-29-22, then 5 Year CMT + 7.026%) (B)(D) | 9.125 | 11-29-22 | 3,500,000 | 280,000 | |
Cydsa SAB de CV (B) | 6.250 | 10-04-27 | 943,000 | 922,971 | |
Cydsa SAB de CV (A) | 6.250 | 10-04-27 | 7,600,000 | 7,438,576 | |
Industrias Penoles SAB de CV (A) | 5.650 | 09-12-49 | 5,600,000 | 5,950,056 | |
Infraestructura Energetica Nova SAB de CV (A) | 4.750 | 01-15-51 | 5,700,000 | 5,030,307 | |
Infraestructura Energetica Nova SAB de CV (A) | 4.875 | 01-14-48 | 2,800,000 | 2,485,028 | |
Metalsa SA de CV (A) | 3.750 | 05-04-31 | 3,500,000 | 3,139,045 | |
Mexico City Airport Trust | 3.875 | 04-30-28 | 6,000,000 | 5,865,000 | |
Mexico City Airport Trust (A) | 5.500 | 10-31-46 | 7,100,000 | 6,398,946 | |
Mexico City Airport Trust | 5.500 | 07-31-47 | 4,000,000 | 3,592,860 | |
Mexico City Airport Trust (A) | 5.500 | 07-31-47 | 6,900,000 | 6,197,684 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Mexico (continued) | |||||
Petroleos Mexicanos | 6.500 | 03-13-27 | 5,300,000 | $5,443,895 | |
Petroleos Mexicanos | 6.625 | 06-15-35 | 10,880,000 | 9,852,710 | |
Petroleos Mexicanos | 7.690 | 01-23-50 | 32,000,000 | 28,745,436 | |
Trust Fibra Uno (A) | 6.950 | 01-30-44 | 6,600,000 | 7,227,066 | |
Unifin Financiera SAB de CV (A)(B) | 8.375 | 01-27-28 | 11,500,000 | 7,311,355 | |
Mongolia 0.3% | 2,880,000 | ||||
Mongolian Mining Corp. Resources LLC (A) | 9.250 | 04-15-24 | 4,000,000 | 2,880,000 | |
Netherlands 3.1% | 32,987,100 | ||||
Braskem Netherlands Finance BV (A) | 4.500 | 01-10-28 | 11,150,000 | 11,274,880 | |
Kazakhstan Temir Zholy Finance BV | 6.950 | 07-10-42 | 4,600,000 | 5,559,082 | |
Metinvest BV | 7.750 | 10-17-29 | 6,500,000 | 2,095,222 | |
Prosus NV (A)(B) | 4.027 | 08-03-50 | 8,870,000 | 6,988,690 | |
VEON Holdings BV (A)(B) | 4.950 | 06-16-24 | 4,350,000 | 2,392,500 | |
VEON Holdings BV (A) | 7.250 | 04-26-23 | 1,800,000 | 1,170,482 | |
VEON Holdings BV | 7.250 | 04-26-23 | 5,392,000 | 3,506,244 | |
Panama 0.8% | 8,242,658 | ||||
AES Panama Generation Holdings SRL (A) | 4.375 | 05-31-30 | 3,500,000 | 3,377,850 | |
Banco General SA (A) | 4.125 | 08-07-27 | 4,750,000 | 4,864,808 | |
Paraguay 0.2% | 2,542,475 | ||||
Telefonica Celular del Paraguay SA (A)(B) | 5.875 | 04-15-27 | 2,500,000 | 2,542,475 | |
Peru 3.1% | 33,675,720 | ||||
ABY Transmision Sur SA (A) | 6.875 | 04-30-43 | 5,977,500 | 7,516,706 | |
Banco BBVA Peru SA (5.250% to 9-22-24, then 5 Year CMT + 2.750%) (A) | 5.250 | 09-22-29 | 2,300,000 | 2,366,148 | |
Cia de Minas Buenaventura SAA (A) | 5.500 | 07-23-26 | 4,000,000 | 3,962,000 | |
InRetail Consumer (A) | 3.250 | 03-22-28 | 6,000,000 | 5,658,000 | |
Kallpa Generacion SA (A)(B) | 4.875 | 05-24-26 | 2,890,000 | 2,955,054 | |
Petroleos del Peru SA (A) | 5.625 | 06-19-47 | 6,180,000 | 5,484,812 | |
Volcan Cia Minera SAA (A) | 4.375 | 02-11-26 | 6,000,000 | 5,733,000 | |
Singapore 1.8% | 19,392,805 | ||||
LLPL Capital Pte, Ltd. (A)(B) | 6.875 | 02-04-39 | 6,276,240 | 6,637,124 | |
Medco Bell Pte, Ltd. (A) | 6.375 | 01-30-27 | 6,800,000 | 6,617,556 | |
Medco Oak Tree Pte, Ltd. (A) | 7.375 | 05-14-26 | 6,100,000 | 6,138,125 |
16 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Thailand 0.7% | $6,981,758 | ||||
PTTEP Canada International Finance, Ltd. (A) | 6.350 | 06-12-42 | 2,600,000 | 3,473,704 | |
Thaioil Treasury Center Company, Ltd. (A) | 3.750 | 06-18-50 | 2,000,000 | 1,655,800 | |
Thaioil Treasury Center Company, Ltd. (A)(B) | 5.375 | 11-20-48 | 1,800,000 | 1,852,254 | |
Togo 0.4% | 4,353,483 | ||||
Banque Ouest Africaine de Developpement (A) | 5.000 | 07-27-27 | 4,200,000 | 4,353,483 | |
Turkey 0.5% | 5,575,800 | ||||
TC Ziraat Bankasi AS (A) | 5.375 | 03-02-26 | 6,000,000 | 5,575,800 | |
United Kingdom 1.8% | 19,425,780 | ||||
IHS Holding, Ltd. (A) | 6.250 | 11-29-28 | 5,800,000 | 5,655,000 | |
Liquid Telecommunications Financing PLC (A) | 5.500 | 09-04-26 | 6,000,000 | 5,849,880 | |
MARB BondCo PLC (A) | 3.950 | 01-29-31 | 9,000,000 | 7,920,900 | |
United States 1.3% | 14,251,600 | ||||
ATP Tower Holdings LLC (A)(B) | 4.050 | 04-27-26 | 2,000,000 | 1,855,000 | |
Kosmos Energy, Ltd. (A) | 7.750 | 05-01-27 | 3,200,000 | 3,104,000 | |
Sasol Financing USA LLC | 5.500 | 03-18-31 | 9,700,000 | 9,292,600 | |
Virgin Islands, British 0.7% | 7,810,441 | ||||
State Grid Overseas Investment 2014, Ltd. | 4.850 | 05-07-44 | 6,235,000 | 7,810,441 | |
Shares | Value | ||||
Common stocks 0.1% | $640,964 | ||||
(Cost $5,909,631) | |||||
Canada 0.1% | 640,964 | ||||
Frontera Energy Corp. (F) | 62,290 | 640,964 | |||
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 3.5% | $38,164,574 | ||||
(Cost $38,166,130) | |||||
U.S. Government Agency 2.3% | 25,000,000 | ||||
Federal Home Loan Bank Discount Note | 0.010 | 03-01-22 | 25,000,000 | 25,000,000 |
Yield (%) | Shares | Value | |||
Short-term funds 1.2% | 13,164,574 | ||||
John Hancock Collateral Trust (G) | 0.0896(H) | 1,316,260 | 13,164,574 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 17 |
Total investments (Cost $1,117,370,811) 93.5% | $1,004,574,024 | ||||
Other assets and liabilities, net 6.5% | 69,535,312 | ||||
Total net assets 100.0% | $1,074,109,336 |
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. | |
Currency Abbreviations | |
BRL | Brazilian Real |
CNY | Chinese Yuan Renminbi |
EUR | Euro |
ZAR | South African Rand |
Security Abbreviations and Legend | |
CMT | Constant Maturity Treasury |
PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
(A) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $565,396,830 or 52.6% of the fund’s net assets as of 2-28-22. |
(B) | All or a portion of this security is on loan as of 2-28-22. |
(C) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
(D) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(E) | Non-income producing - Issuer is in default. |
(F) | Non-income producing security. |
(G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(H) | The rate shown is the annualized seven-day yield as of 2-28-22. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
18 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $1,104,204,681) including $12,898,046 of securities loaned | $991,409,450 |
Affiliated investments, at value (Cost $13,166,130) | 13,164,574 |
Total investments, at value (Cost $1,117,370,811) | 1,004,574,024 |
Cash | 70,035,875 |
Interest receivable | 12,749,204 |
Receivable for fund shares sold | 93,112 |
Receivable for securities lending income | 13,629 |
Other assets | 74,828 |
Total assets | 1,087,540,672 |
Liabilities | |
Distributions payable | 34,987 |
Payable for fund shares repurchased | 27,829 |
Payable upon return of securities loaned | 13,181,695 |
Payable to affiliates | |
Accounting and legal services fees | 39,088 |
Transfer agent fees | 2,065 |
Trustees’ fees | 338 |
Other liabilities and accrued expenses | 145,334 |
Total liabilities | 13,431,336 |
Net assets | $1,074,109,336 |
Net assets consist of | |
Paid-in capital | $1,232,955,878 |
Total distributable earnings (loss) | (158,846,542) |
Net assets | $1,074,109,336 |
Net asset value per share | |
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
Class A ($2,014,355 ÷ 243,563 shares)1 | $8.27 |
Class C ($332,468 ÷ 40,227 shares)1 | $8.26 |
Class I ($21,641,967 ÷ 2,613,421 shares) | $8.28 |
Class R2 ($42,060 ÷ 5,087 shares) | $8.27 |
Class R6 ($1,586,265 ÷ 191,749 shares) | $8.27 |
Class NAV ($1,048,492,221 ÷ 126,789,112 shares) | $8.27 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $8.61 |
1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
2 | On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 19 |
Investment income | |
Interest | $31,929,217 |
Securities lending | 203,309 |
Less foreign taxes withheld | (10,362) |
Total investment income | 32,122,164 |
Expenses | |
Investment management fees | 3,959,808 |
Distribution and service fees | 5,261 |
Accounting and legal services fees | 71,222 |
Transfer agent fees | 12,251 |
Trustees’ fees | 8,358 |
Custodian fees | 117,112 |
State registration fees | 42,020 |
Printing and postage | 13,028 |
Professional fees | 59,636 |
Other | 26,183 |
Total expenses | 4,314,879 |
Less expense reductions | (52,273) |
Net expenses | 4,262,606 |
Net investment income | 27,859,558 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | (3,561,423) |
Affiliated investments | (7,844) |
Capital gain distributions received from affiliated investments | 6,266 |
Futures contracts | 2,224,255 |
Swap contracts | (31,062) |
(1,369,808) | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (150,028,176) |
Affiliated investments | (10,995) |
Futures contracts | 157,716 |
Swap contracts | 175,838 |
(149,705,617) | |
Net realized and unrealized loss | (151,075,425) |
Decrease in net assets from operations | $(123,215,867) |
20 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $27,859,558 | $50,776,909 |
Net realized loss | (1,369,808) | (25,205,147) |
Change in net unrealized appreciation (depreciation) | (149,705,617) | 48,787,161 |
Increase (decrease) in net assets resulting from operations | (123,215,867) | 74,358,923 |
Distributions to shareholders | ||
From earnings | ||
Class A | (47,216) | (97,346) |
Class C | (6,911) | (14,999) |
Class I | (443,989) | (580,684) |
Class R2 | (1,035) | (4,732) |
Class R6 | (54,228) | (133,430) |
Class NAV | (26,356,115) | (46,954,529) |
Total distributions | (26,909,494) | (47,785,720) |
From fund share transactions | 26,036,420 | 136,292,122 |
Total increase (decrease) | (124,088,941) | 162,865,325 |
Net assets | ||
Beginning of period | 1,198,198,277 | 1,035,332,952 |
End of period | $1,074,109,336 | $1,198,198,277 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 21 |
CLASS A SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.45 | $9.21 | $9.33 | $8.86 | $9.87 | $9.69 |
Net investment income2 | 0.20 | 0.37 | 0.41 | 0.43 | 0.41 | 0.46 |
Net realized and unrealized gain (loss) on investments | (1.19) | 0.23 | (0.11) | 0.48 | (0.96) | 0.23 |
Total from investment operations | (0.99) | 0.60 | 0.30 | 0.91 | (0.55) | 0.69 |
Less distributions | ||||||
From net investment income | (0.19) | (0.36) | (0.36) | (0.44) | (0.46) | (0.51) |
From tax return of capital | — | — | (0.06) | — | — | — |
Total distributions | (0.19) | (0.36) | (0.42) | (0.44) | (0.46) | (0.51) |
Net asset value, end of period | $8.27 | $9.45 | $9.21 | $9.33 | $8.86 | $9.87 |
Total return (%)3,4 | (10.56)5 | 6.61 | 3.36 | 10.52 | (5.75) | 7.54 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $2 | $2 | $3 | $2 | $3 | $4 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.176 | 1.17 | 1.20 | 1.19 | 1.18 | 1.21 |
Expenses including reductions | 1.166 | 1.17 | 1.19 | 1.18 | 1.17 | 1.20 |
Net investment income | 4.466 | 4.01 | 4.54 | 4.78 | 4.34 | 4.82 |
Portfolio turnover (%) | 5 | 18 | 24 | 7 | 23 | 20 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Annualized. |
22 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.44 | $9.20 | $9.32 | $8.85 | $9.86 | $9.67 |
Net investment income2 | 0.17 | 0.31 | 0.35 | 0.37 | 0.35 | 0.39 |
Net realized and unrealized gain (loss) on investments | (1.19) | 0.22 | (0.12) | 0.48 | (0.96) | 0.25 |
Total from investment operations | (1.02) | 0.53 | 0.23 | 0.85 | (0.61) | 0.64 |
Less distributions | ||||||
From net investment income | (0.16) | (0.29) | (0.30) | (0.38) | (0.40) | (0.45) |
From tax return of capital | — | — | (0.05) | — | — | — |
Total distributions | (0.16) | (0.29) | (0.35) | (0.38) | (0.40) | (0.45) |
Net asset value, end of period | $8.26 | $9.44 | $9.20 | $9.32 | $8.85 | $9.86 |
Total return (%)3,4 | (10.89)5 | 5.87 | 2.65 | 9.76 | (6.40) | 6.68 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—6 | $—6 | $1 | $1 | $1 | $1 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.877 | 1.87 | 1.90 | 1.89 | 1.88 | 1.90 |
Expenses including reductions | 1.867 | 1.87 | 1.89 | 1.88 | 1.87 | 1.90 |
Net investment income | 3.797 | 3.32 | 3.85 | 4.09 | 3.68 | 4.05 |
Portfolio turnover (%) | 5 | 18 | 24 | 7 | 23 | 20 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Less than $500,000. |
7 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 23 |
CLASS I SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.46 | $9.22 | $9.34 | $8.86 | $9.88 | $9.70 |
Net investment income2 | 0.21 | 0.41 | 0.44 | 0.46 | 0.44 | 0.48 |
Net realized and unrealized gain (loss) on investments | (1.18) | 0.21 | (0.12) | 0.49 | (0.97) | 0.24 |
Total from investment operations | (0.97) | 0.62 | 0.32 | 0.95 | (0.53) | 0.72 |
Less distributions | ||||||
From net investment income | (0.21) | (0.38) | (0.38) | (0.47) | (0.49) | (0.54) |
From tax return of capital | — | — | (0.06) | — | — | — |
Total distributions | (0.21) | (0.38) | (0.44) | (0.47) | (0.49) | (0.54) |
Net asset value, end of period | $8.28 | $9.46 | $9.22 | $9.34 | $8.86 | $9.88 |
Total return (%)3 | (10.42)4 | 6.91 | 3.67 | 10.95 | (5.56) | 7.87 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $22 | $18 | $14 | $15 | $14 | $14 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.875 | 0.87 | 0.90 | 0.90 | 0.89 | 0.89 |
Expenses including reductions | 0.865 | 0.87 | 0.89 | 0.89 | 0.88 | 0.89 |
Net investment income | 4.805 | 4.36 | 4.83 | 5.06 | 4.64 | 5.01 |
Portfolio turnover (%) | 5 | 18 | 24 | 7 | 23 | 20 |
1 | Six months ended 2-28-22. 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. |
24 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R2 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.45 | $9.21 | $9.32 | $8.85 | $9.87 | $9.69 |
Net investment income2 | 0.21 | 0.38 | 0.42 | 0.44 | 0.42 | 0.48 |
Net realized and unrealized gain (loss) on investments | (1.19) | 0.22 | (0.11) | 0.48 | (0.97) | 0.23 |
Total from investment operations | (0.98) | 0.60 | 0.31 | 0.92 | (0.55) | 0.71 |
Less distributions | ||||||
From net investment income | (0.20) | (0.36) | (0.36) | (0.45) | (0.47) | (0.53) |
From tax return of capital | — | — | (0.06) | — | — | — |
Total distributions | (0.20) | (0.36) | (0.42) | (0.45) | (0.47) | (0.53) |
Net asset value, end of period | $8.27 | $9.45 | $9.21 | $9.32 | $8.85 | $9.87 |
Total return (%)3 | (10.36)4 | 6.52 | 3.49 | 10.62 | (5.75) | 7.70 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—5 | $—5 | $—5 | $—5 | $—5 | $—5 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.026 | 1.15 | 1.18 | 1.12 | 1.08 | 1.06 |
Expenses including reductions | 1.016 | 1.15 | 1.17 | 1.11 | 1.07 | 1.06 |
Net investment income | 4.656 | 4.04 | 4.60 | 4.85 | 4.40 | 5.02 |
Portfolio turnover (%) | 5 | 18 | 24 | 7 | 23 | 20 |
1 | Six months ended 2-28-22. 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 | Less than $500,000. |
6 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 25 |
CLASS R6 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.44 | $9.21 | $9.33 | $8.85 | $9.87 | $9.69 |
Net investment income2 | 0.22 | 0.41 | 0.45 | 0.48 | 0.46 | 0.48 |
Net realized and unrealized gain (loss) on investments | (1.18) | 0.21 | (0.12) | 0.47 | (0.98) | 0.25 |
Total from investment operations | (0.96) | 0.62 | 0.33 | 0.95 | (0.52) | 0.73 |
Less distributions | ||||||
From net investment income | (0.21) | (0.39) | (0.39) | (0.47) | (0.50) | (0.55) |
From tax return of capital | — | — | (0.06) | — | — | — |
Total distributions | (0.21) | (0.39) | (0.45) | (0.47) | (0.50) | (0.55) |
Net asset value, end of period | $8.27 | $9.44 | $9.21 | $9.33 | $8.85 | $9.87 |
Total return (%)3 | (10.29)4 | 6.92 | 3.79 | 11.05 | (5.48) | 7.99 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $2 | $3 | $4 | $3 | $1 | $1 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.765 | 0.77 | 0.78 | 0.79 | 0.79 | 0.80 |
Expenses including reductions | 0.765 | 0.76 | 0.78 | 0.78 | 0.78 | 0.79 |
Net investment income | 4.865 | 4.44 | 4.96 | 5.22 | 4.83 | 5.04 |
Portfolio turnover (%) | 5 | 18 | 24 | 7 | 23 | 20 |
1 | Six months ended 2-28-22. 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. |
26 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $9.44 | $9.21 | $9.33 | $8.85 | $9.87 | $9.69 |
Net investment income2 | 0.22 | 0.42 | 0.45 | 0.47 | 0.45 | 0.50 |
Net realized and unrealized gain (loss) on investments | (1.18) | 0.20 | (0.11) | 0.49 | (0.97) | 0.24 |
Total from investment operations | (0.96) | 0.62 | 0.34 | 0.96 | (0.52) | 0.74 |
Less distributions | ||||||
From net investment income | (0.21) | (0.39) | (0.40) | (0.48) | (0.50) | (0.56) |
From tax return of capital | — | — | (0.06) | — | — | — |
Total distributions | (0.21) | (0.39) | (0.46) | (0.48) | (0.50) | (0.56) |
Net asset value, end of period | $8.27 | $9.44 | $9.21 | $9.33 | $8.85 | $9.87 |
Total return (%)3 | (10.28)4 | 6.93 | 3.80 | 11.10 | (5.46) | 8.00 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1,048 | $1,175 | $1,014 | $1,069 | $840 | $797 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.765 | 0.76 | 0.77 | 0.77 | 0.77 | 0.79 |
Expenses including reductions | 0.755 | 0.75 | 0.76 | 0.77 | 0.77 | 0.78 |
Net investment income | 4.915 | 4.49 | 4.97 | 5.21 | 4.79 | 5.28 |
Portfolio turnover (%) | 5 | 18 | 24 | 7 | 23 | 20 |
1 | Six months ended 2-28-22. 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 Emerging Markets Debt Fund | 27 |
28 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Foreign government obligations | $408,618,034 | — | $408,618,034 | — |
Corporate bonds | 557,150,452 | — | 557,150,452 | — |
Common stocks | 640,964 | $640,964 | — | — |
Short-term investments | 38,164,574 | 13,164,574 | 25,000,000 | — |
Total investments in securities | $1,004,574,024 | $13,805,538 | $990,768,486 | — |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 29 |
30 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 31 |
32 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT |
Statement of operations location - Net realized gain (loss) on: | |||
Risk | Futures contracts | Swap contracts | Total |
Interest rate | $2,224,255 | — | $2,224,255 |
Credit | — | $(31,062) | (31,062) |
Total | $2,224,255 | $(31,062) | $2,193,193 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |||
Risk | Futures contracts | Swap contracts | Total |
Interest rate | $157,716 | — | $157,716 |
Credit | — | $175,838 | 175,838 |
Total | $157,716 | $175,838 | $333,554 |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 33 |
Class | Expense reduction |
Class A | $101 |
Class C | 18 |
Class I | 878 |
Class R2 | 2 |
Class | Expense reduction |
Class R6 | $106 |
Class NAV | 51,168 |
Total | $52,273 |
34 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.30% | — |
Class C | 1.00% | — |
Class R2 | 0.25% | 0.25% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $3,295 | $1,226 |
Class C | 1,908 | 213 |
Class I | — | 10,712 |
Class R2 | 58 | 2 |
Class R6 | — | 98 |
Total | $5,261 | $12,251 |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 35 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 274,106 | $2,433,465 | 674,212 | $6,254,884 |
Distributions reinvested | 5,210 | 46,092 | 10,368 | 96,074 |
Repurchased | (281,489) | (2,495,159) | (721,800) | (6,674,715) |
Net decrease | (2,173) | $(15,602) | (37,220) | $(323,757) |
Class C shares | ||||
Sold | 2,234 | $20,554 | 7,318 | $67,997 |
Distributions reinvested | 773 | 6,845 | 1,617 | 14,959 |
Repurchased | (6,553) | (58,216) | (34,133) | (318,017) |
Net decrease | (3,546) | $(30,817) | (25,198) | $(235,061) |
Class I shares | ||||
Sold | 1,300,544 | $11,661,630 | 1,578,907 | $14,677,163 |
Distributions reinvested | 29,440 | 259,965 | 51,567 | 477,965 |
Repurchased | (610,355) | (5,467,435) | (1,244,884) | (11,490,116) |
Net increase | 719,629 | $6,454,160 | 385,590 | $3,665,012 |
Class R2 shares | ||||
Sold | 1 | $9 | 934 | $8,664 |
Distributions reinvested | — | — | 194 | 1,785 |
Repurchased | (2) | (16) | (11,480) | (106,979) |
Net decrease | (1) | $(7) | (10,352) | $(96,530) |
Class R6 shares | ||||
Sold | 26,942 | $247,059 | 140,349 | $1,304,799 |
Distributions reinvested | 6,044 | 53,811 | 14,393 | 133,245 |
Repurchased | (136,988) | (1,233,155) | (291,436) | (2,720,728) |
Net decrease | (104,002) | $(932,285) | (136,694) | $(1,282,684) |
Class NAV shares | ||||
Sold | 2,493,807 | $22,508,615 | 23,359,194 | $219,494,724 |
Distributions reinvested | 2,979,561 | 26,356,115 | 5,065,154 | 46,954,529 |
Repurchased | (3,075,585) | (28,303,759) | (14,180,358) | (131,884,111) |
Net increase | 2,397,783 | $20,560,971 | 14,243,990 | $134,565,142 |
Total net increase | 3,007,690 | $26,036,420 | 14,420,116 | $136,292,122 |
36 | JOHN HANCOCK Emerging Markets Debt Fund | SEMIANNUAL REPORT |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 31.2% |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 18.6% |
John Hancock Funds II Multimanager Lifestyle Conservative Portfolio | 14.3% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 13.2% |
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* | 1,316,260 | $43,855,044 | $102,542,437 | $(133,214,068) | $(7,844) | $(10,995) | $203,309 | $6,266 | $13,164,574 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
SEMIANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 37 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Elina Theodorakopoulou
Paolo H. Valle
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
38 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | SEMIANNUAL REPORT |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2071522 | 358SA 2/22 |
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
SEMIANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 1 |
2 | JOHN HANCOCK NEW OPPORTUNITIES FUND | SEMIANNUAL REPORT |
TOP 10 HOLDINGS AS OF 2/28/2022 (% of net assets) | |
Rapid7, Inc. | 2.7 |
Paylocity Holding Corp. | 2.3 |
The Shyft Group, Inc. | 2.3 |
SiteOne Landscape Supply, Inc. | 2.3 |
Fox Factory Holding Corp. | 2.2 |
Magnolia Oil & Gas Corp., Class A | 1.9 |
Azenta, Inc. | 1.9 |
Avient Corp. | 1.8 |
Power Integrations, Inc. | 1.8 |
Pinnacle Financial Partners, Inc. | 1.8 |
TOTAL | 21.0 |
Cash and cash equivalents are not included. |
SEMIANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 3 |
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 | -8.39 | 8.08 | 9.93 | -14.41 | 47.48 | 157.79 | |
Class C1 | -5.16 | 8.40 | 9.96 | -11.04 | 49.68 | 158.48 | |
Class I1,2 | -3.32 | 9.49 | 10.71 | -9.80 | 57.34 | 176.63 | |
Class R21,2 | -3.59 | 9.23 | 10.55 | -9.89 | 55.52 | 172.67 | |
Class R41,2 | -3.39 | 9.43 | 10.67 | -9.81 | 56.93 | 175.56 | |
Class R61,2 | -3.22 | 9.60 | 10.78 | -9.75 | 58.17 | 178.36 | |
Class 12 | -3.26 | 9.56 | 10.74 | -9.76 | 57.86 | 177.28 | |
Index† | -17.40 | 10.49 | 11.38 | -16.35 | 64.64 | 193.93 |
Class A | Class C | Class I | Class R2 | Class R4 | Class R6 | Class 1 | |
Gross (%) | 1.20 | 1.95 | 0.95 | 1.34 | 1.19 | 0.84 | 0.88 |
Net (%) | 1.19 | 1.94 | 0.94 | 1.33 | 1.08 | 0.83 | 0.87 |
4 | JOHN HANCOCK NEW OPPORTUNITIES FUND | SEMIANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 2-29-12 | 25,848 | 25,848 | 29,393 |
Class I1,2 | 2-29-12 | 27,663 | 27,663 | 29,393 |
Class R21,2 | 2-29-12 | 27,267 | 27,267 | 29,393 |
Class R41,2 | 2-29-12 | 27,556 | 27,556 | 29,393 |
Class R61,2 | 2-29-12 | 27,836 | 27,836 | 29,393 |
Class 12 | 2-29-12 | 27,728 | 27,728 | 29,393 |
1 | Class A, Class C, Class I, Class R2, Class R4, and Class R6 shares were first offered on 5-27-15. Returns prior to this date are those of Class NAV shares that have not been adjusted for class-specific expenses; otherwise, returns would vary. Class NAV shares ceased operations on 3-13-19. |
2 | For certain types of investors, as described in the fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
SEMIANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 5 |
6 | JOHN HANCOCK NEW OPPORTUNITIES FUND | SEMIANNUAL REPORT |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $901.00 | $5.56 | 1.18% |
Hypothetical example | 1,000.00 | 1,018.90 | 5.91 | 1.18% | |
Class C | Actual expenses/actual returns | 1,000.00 | 897.80 | 9.08 | 1.93% |
Hypothetical example | 1,000.00 | 1,015.20 | 9.64 | 1.93% | |
Class I | Actual expenses/actual returns | 1,000.00 | 902.00 | 4.39 | 0.93% |
Hypothetical example | 1,000.00 | 1,020.20 | 4.66 | 0.93% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 901.10 | 5.75 | 1.22% |
Hypothetical example | 1,000.00 | 1,018.70 | 6.11 | 1.22% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 901.90 | 4.72 | 1.00% |
Hypothetical example | 1,000.00 | 1,019.80 | 5.01 | 1.00% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 902.50 | 3.87 | 0.82% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.11 | 0.82% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 902.40 | 4.06 | 0.86% |
Hypothetical example | 1,000.00 | 1,020.50 | 4.31 | 0.86% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
SEMIANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 7 |
Shares | Value | ||||
Common stocks 98.2% | $340,824,451 | ||||
(Cost $241,128,358) | |||||
Consumer discretionary 14.2% | 49,364,994 | ||||
Auto components 3.0% | |||||
Dorman Products, Inc. (A) | 28,377 | 2,650,979 | |||
Fox Factory Holding Corp. (A) | 65,346 | 7,712,135 | |||
Diversified consumer services 1.5% | |||||
Grand Canyon Education, Inc. (A) | 60,719 | 5,272,231 | |||
Hotels, restaurants and leisure 3.9% | |||||
Churchill Downs, Inc. | 24,419 | 5,881,805 | |||
Chuy’s Holdings, Inc. (A) | 139,208 | 4,538,181 | |||
Krispy Kreme, Inc. | 207,485 | 3,093,601 | |||
Household durables 1.0% | |||||
TopBuild Corp. (A) | 16,457 | 3,532,989 | |||
Multiline retail 0.5% | |||||
Ollie’s Bargain Outlet Holdings, Inc. (A) | 38,996 | 1,683,847 | |||
Specialty retail 3.5% | |||||
Five Below, Inc. (A) | 37,325 | 6,106,743 | |||
Lithia Motors, Inc. | 17,837 | 6,079,206 | |||
Textiles, apparel and luxury goods 0.8% | |||||
Oxford Industries, Inc. | 31,828 | 2,813,277 | |||
Consumer staples 1.9% | 6,715,696 | ||||
Food and staples retailing 1.9% | |||||
Performance Food Group Company (A) | 87,024 | 4,876,825 | |||
PriceSmart, Inc. | 25,287 | 1,838,871 | |||
Energy 1.9% | 6,727,305 | ||||
Oil, gas and consumable fuels 1.9% | |||||
Magnolia Oil & Gas Corp., Class A | 300,998 | 6,727,305 | |||
Financials 7.0% | 24,203,113 | ||||
Banks 3.8% | |||||
Ameris Bancorp | 89,648 | 4,437,576 | |||
Atlantic Union Bankshares Corp. | 65,741 | 2,671,057 | |||
Pinnacle Financial Partners, Inc. | 61,324 | 6,198,630 | |||
Capital markets 3.2% | |||||
Houlihan Lokey, Inc. | 41,355 | 4,253,775 | |||
PJT Partners, Inc., Class A | 47,590 | 3,037,194 | |||
Stifel Financial Corp. | 49,046 | 3,604,881 |
8 | JOHN HANCOCK NEW OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Health care 28.3% | $98,071,941 | ||||
Biotechnology 9.7% | |||||
Albireo Pharma, Inc. (A) | 164,670 | 5,490,098 | |||
Biohaven Pharmaceutical Holding Company, Ltd. (A) | 37,075 | 4,401,173 | |||
ChemoCentryx, Inc. (A) | 104,556 | 3,172,229 | |||
Halozyme Therapeutics, Inc. (A) | 139,954 | 4,964,168 | |||
Insmed, Inc. (A) | 131,227 | 3,136,325 | |||
Oyster Point Pharma, Inc. (A) | 188,281 | 1,875,279 | |||
Travere Therapeutics, Inc. (A) | 133,001 | 3,625,607 | |||
Veracyte, Inc. (A) | 70,963 | 1,972,771 | |||
Vericel Corp. (A) | 120,800 | 4,978,168 | |||
Health care equipment and supplies 7.8% | |||||
Artivion, Inc. (A) | 136,037 | 2,659,523 | |||
AtriCure, Inc. (A) | 79,204 | 5,500,718 | |||
Cardiovascular Systems, Inc. (A) | 103,151 | 2,172,360 | |||
CryoPort, Inc. (A) | 71,028 | 2,438,391 | |||
Globus Medical, Inc., Class A (A) | 83,505 | 5,872,072 | |||
ICU Medical, Inc. (A) | 15,916 | 3,767,795 | |||
Integra LifeSciences Holdings Corp. (A) | 66,669 | 4,470,823 | |||
Health care providers and services 5.1% | |||||
Acadia Healthcare Company, Inc. (A) | 89,694 | 5,086,547 | |||
Castle Biosciences, Inc. (A) | 65,994 | 2,856,880 | |||
HealthEquity, Inc. (A) | 67,137 | 3,605,928 | |||
LHC Group, Inc. (A) | 27,373 | 3,727,381 | |||
US Physical Therapy, Inc. | 28,047 | 2,579,483 | |||
Life sciences tools and services 2.4% | |||||
Medpace Holdings, Inc. (A) | 24,639 | 3,769,028 | |||
Syneos Health, Inc. (A) | 56,798 | 4,498,402 | |||
Pharmaceuticals 3.3% | |||||
Intra-Cellular Therapies, Inc. (A) | 69,259 | 3,842,489 | |||
Phathom Pharmaceuticals, Inc. (A) | 191,960 | 3,480,235 | |||
Supernus Pharmaceuticals, Inc. (A) | 129,204 | 4,128,068 | |||
Industrials 18.5% | 64,169,456 | ||||
Aerospace and defense 1.4% | |||||
Woodward, Inc. | 38,070 | 4,744,664 | |||
Building products 1.1% | |||||
Gibraltar Industries, Inc. (A) | 58,312 | 2,817,636 | |||
JELD-WEN Holding, Inc. (A) | 51,031 | 1,177,795 | |||
Commercial services and supplies 1.6% | |||||
Ritchie Brothers Auctioneers, Inc. | 106,151 | 5,560,189 | |||
Construction and engineering 0.5% | |||||
Dycom Industries, Inc. (A) | 21,321 | 1,856,206 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 9 |
Shares | Value | ||||
Industrials (continued) | |||||
Electrical equipment 2.2% | |||||
Atkore, Inc. (A) | 58,510 | $5,951,052 | |||
Thermon Group Holdings, Inc. (A) | 93,800 | 1,605,856 | |||
Machinery 5.8% | |||||
Alamo Group, Inc. | 27,916 | 3,883,395 | |||
Helios Technologies, Inc. | 35,418 | 2,777,125 | |||
RBC Bearings, Inc. (A) | 28,032 | 5,434,003 | |||
The Shyft Group, Inc. | 198,895 | 8,037,347 | |||
Professional services 3.6% | |||||
CACI International, Inc., Class A (A) | 13,615 | 3,809,341 | |||
Exponent, Inc. | 55,942 | 5,301,064 | |||
Forrester Research, Inc. (A) | 63,589 | 3,302,177 | |||
Trading companies and distributors 2.3% | |||||
SiteOne Landscape Supply, Inc. (A) | 45,883 | 7,911,606 | |||
Information technology 19.9% | 69,123,252 | ||||
Communications equipment 1.7% | |||||
Viavi Solutions, Inc. (A) | 363,857 | 5,967,255 | |||
IT services 1.1% | |||||
Endava PLC, ADR (A) | 28,244 | 3,761,536 | |||
Semiconductors and semiconductor equipment 7.6% | |||||
Azenta, Inc. | 74,817 | 6,547,903 | |||
CMC Materials, Inc. | 16,209 | 3,005,635 | |||
MACOM Technology Solutions Holdings, Inc. (A) | 85,633 | 5,146,543 | |||
Power Integrations, Inc. | 69,272 | 6,234,480 | |||
Silicon Laboratories, Inc. (A) | 34,817 | 5,351,721 | |||
Software 9.5% | |||||
Bottomline Technologies DE, Inc. (A) | 40,907 | 2,316,972 | |||
Cerence, Inc. (A) | 85,614 | 3,091,522 | |||
Paycor HCM, Inc. (A) | 195,634 | 5,491,449 | |||
Paylocity Holding Corp. (A) | 38,044 | 8,082,067 | |||
Rapid7, Inc. (A) | 89,881 | 9,299,088 | |||
The Descartes Systems Group, Inc. (A) | 67,739 | 4,827,081 | |||
Materials 3.9% | 13,597,852 | ||||
Chemicals 3.9% | |||||
Avient Corp. | 121,120 | 6,345,477 | |||
Balchem Corp. | 33,497 | 4,633,975 | |||
Quaker Chemical Corp. | 14,107 | 2,618,400 | |||
Real estate 2.6% | 8,850,842 | ||||
Equity real estate investment trusts 2.6% | |||||
Ryman Hospitality Properties, Inc. (A) | 45,340 | 3,994,907 |
10 | JOHN HANCOCK NEW OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Real estate (continued) | |||||
Equity real estate investment trusts (continued) | |||||
STAG Industrial, Inc. | 124,639 | $4,855,935 | |||
Yield (%) | Shares | Value | |||
Short-term investments 1.8% | $6,185,084 | ||||
(Cost $6,185,084) | |||||
Short-term funds 1.8% | 6,185,084 | ||||
State Street Institutional Treasury Money Market Fund, Premier Class | 0.0061(B) | 6,185,084 | 6,185,084 |
Total investments (Cost $247,313,442) 100.0% | $347,009,535 | ||||
Other assets and liabilities, net (0.0%) | (149,090) | ||||
Total net assets 100.0% | $346,860,445 |
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) | The rate shown is the annualized seven-day yield as of 2-28-22. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 11 |
Assets | |
Unaffiliated investments, at value (Cost $247,313,442) | $347,009,535 |
Dividends and interest receivable | 142,301 |
Receivable for fund shares sold | 38,376 |
Receivable from affiliates | 9 |
Other assets | 46,649 |
Total assets | 347,236,870 |
Liabilities | |
Due to custodian | 6,322 |
Payable for fund shares repurchased | 180,329 |
Payable to affiliates | |
Accounting and legal services fees | 12,526 |
Transfer agent fees | 26,477 |
Distribution and service fees | 54 |
Trustees’ fees | 110 |
Other liabilities and accrued expenses | 150,607 |
Total liabilities | 376,425 |
Net assets | $346,860,445 |
Net assets consist of | |
Paid-in capital | $239,825,210 |
Total distributable earnings (loss) | 107,035,235 |
Net assets | $346,860,445 |
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 ($299,200,472 ÷ 10,696,246 shares)1 | $27.97 |
Class C ($2,582,190 ÷ 98,080 shares)1 | $26.33 |
Class I ($14,527,428 ÷ 514,581 shares) | $28.23 |
Class R2 ($218,635 ÷ 7,807 shares) | $28.012 |
Class R4 ($68,102 ÷ 2,417 shares) | $28.18 |
Class R6 ($365,850 ÷ 12,923 shares) | $28.31 |
Class 1 ($29,897,768 ÷ 1,047,213 shares) | $28.55 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)3 | $29.44 |
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 $28.01 is calculated using Net assets of $218,635.48 and Shares outstanding of 7,806.80. |
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. |
12 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $827,902 |
Interest | 348 |
Less foreign taxes withheld | (8,095) |
Total investment income | 820,155 |
Expenses | |
Investment management fees | 1,374,621 |
Distribution and service fees | 430,701 |
Accounting and legal services fees | 23,847 |
Transfer agent fees | 193,385 |
Trustees’ fees | 2,772 |
Custodian fees | 26,439 |
State registration fees | 50,737 |
Printing and postage | 26,407 |
Professional fees | 44,793 |
Other | 19,004 |
Total expenses | 2,192,706 |
Less expense reductions | (17,574) |
Net expenses | 2,175,132 |
Net investment loss | (1,354,977) |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | 17,297,036 |
17,297,036 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (55,248,730) |
(55,248,730) | |
Net realized and unrealized loss | (37,951,694) |
Decrease in net assets from operations | $(39,306,671) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 13 |
Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment loss | $(1,354,977) | $(2,928,383) |
Net realized gain | 17,297,036 | 44,758,990 |
Change in net unrealized appreciation (depreciation) | (55,248,730) | 76,233,036 |
Increase (decrease) in net assets resulting from operations | (39,306,671) | 118,063,643 |
Distributions to shareholders | ||
From earnings | ||
Class A | (26,558,227) | (8,674,772) |
Class C | (240,162) | (97,689) |
Class I | (1,278,122) | (462,383) |
Class R2 | (18,904) | (5,823) |
Class R4 | (6,272) | (1,891) |
Class R6 | (30,910) | (7,847) |
Class 1 | (2,585,554) | (1,005,197) |
Total distributions | (30,718,151) | (10,255,602) |
From fund share transactions | 3,835,010 | (14,016,346) |
Total increase (decrease) | (66,189,812) | 93,791,695 |
Net assets | ||
Beginning of period | 413,050,257 | 319,258,562 |
End of period | $346,860,445 | $413,050,257 |
14 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $33.80 | $25.18 | $22.20 | $31.99 | $27.28 | $24.38 |
Net investment income (loss)2 | (0.12) | (0.24) | (0.16) | 0.02 | 0.01 | 0.01 |
Net realized and unrealized gain (loss) on investments | (3.08) | 9.69 | 3.92 | (5.49) | 6.75 | 2.98 |
Total from investment operations | (3.20) | 9.45 | 3.76 | (5.47) | 6.76 | 2.99 |
Less distributions | ||||||
From net investment income | — | — | — | (0.01) | (0.03) | (0.02) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) | (0.07) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.32) | (2.05) | (0.09) |
Net asset value, end of period | $27.97 | $33.80 | $25.18 | $22.20 | $31.99 | $27.28 |
Total return (%)3,4 | (9.90)5 | 38.04 | 17.20 | (15.32) | 25.66 | 12.27 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $299 | $347 | $272 | $264 | $352 | $297 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.196 | 1.20 | 1.26 | 1.42 | 1.40 | 1.42 |
Expenses including reductions | 1.186 | 1.19 | 1.22 | 1.20 | 1.20 | 1.21 |
Net investment income (loss) | (0.75)6 | (0.81) | (0.72) | 0.08 | 0.02 | 0.05 |
Portfolio turnover (%) | 10 | 28 | 25 | 73 | 52 | 41 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 15 |
CLASS C SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $32.09 | $24.12 | $21.45 | $31.27 | $26.86 | $24.15 |
Net investment loss2 | (0.22) | (0.44) | (0.31) | (0.15) | (0.19) | (0.17) |
Net realized and unrealized gain (loss) on investments | (2.91) | 9.24 | 3.76 | (5.36) | 6.62 | 2.95 |
Total from investment operations | (3.13) | 8.80 | 3.45 | (5.51) | 6.43 | 2.78 |
Less distributions | ||||||
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) | (0.07) |
Net asset value, end of period | $26.33 | $32.09 | $24.12 | $21.45 | $31.27 | $26.86 |
Total return (%)3,4 | (10.22)5 | 37.00 | 16.33 | (15.90) | 24.76 | 11.52 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $3 | $3 | $4 | $4 | $9 | $20 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.946 | 1.95 | 2.01 | 2.13 | 2.10 | 2.12 |
Expenses including reductions | 1.936 | 1.94 | 1.97 | 1.91 | 1.90 | 1.91 |
Net investment loss | (1.50)6 | (1.56) | (1.47) | (0.63) | (0.68) | (0.65) |
Portfolio turnover (%) | 10 | 28 | 25 | 73 | 52 | 41 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Annualized. |
16 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $34.05 | $25.29 | $22.24 | $32.07 | $27.33 | $24.41 |
Net investment income (loss)2 | (0.08) | (0.18) | (0.10) | 0.09 | 0.09 | 0.10 |
Net realized and unrealized gain (loss) on investments | (3.11) | 9.77 | 3.93 | (5.51) | 6.78 | 2.98 |
Total from investment operations | (3.19) | 9.59 | 3.83 | (5.42) | 6.87 | 3.08 |
Less distributions | ||||||
From net investment income | — | — | — | (0.10) | (0.11) | (0.09) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) | (0.07) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.41) | (2.13) | (0.16) |
Net asset value, end of period | $28.23 | $34.05 | $25.29 | $22.24 | $32.07 | $27.33 |
Total return (%)3 | (9.80)4 | 38.44 | 17.49 | (15.08) | 26.06 | 12.61 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $15 | $25 | $10 | $10 | $15 | $11 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.945 | 0.95 | 1.01 | 1.14 | 1.11 | 1.11 |
Expenses including reductions | 0.935 | 0.94 | 0.97 | 0.90 | 0.90 | 0.90 |
Net investment income (loss) | (0.48)5 | (0.57) | (0.46) | 0.38 | 0.32 | 0.38 |
Portfolio turnover (%) | 10 | 28 | 25 | 73 | 52 | 41 |
1 | Six months ended 2-28-22. 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 New Opportunities Fund | 17 |
CLASS R2 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $33.85 | $25.21 | $22.22 | $32.02 | $27.30 | $24.41 |
Net investment income (loss)2 | (0.12) | (0.26) | (0.15) | 0.04 | 0.04 | 0.03 |
Net realized and unrealized gain (loss) on investments | (3.09) | 9.73 | 3.92 | (5.49) | 6.76 | 2.98 |
Total from investment operations | (3.21) | 9.47 | 3.77 | (5.45) | 6.80 | 3.01 |
Less distributions | ||||||
From net investment income | — | — | — | (0.04) | (0.06) | (0.05) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) | (0.07) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.35) | (2.08) | (0.12) |
Net asset value, end of period | $28.01 | $33.85 | $25.21 | $22.22 | $32.02 | $27.30 |
Total return (%)3 | (9.89)4 | 38.03 | 17.23 | (15.23) | 25.78 | 12.34 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—5 | $—5 | $—5 | $—5 | $—5 | $—5 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.236 | 1.22 | 1.22 | 1.33 | 1.29 | 1.33 |
Expenses including reductions | 1.226 | 1.21 | 1.18 | 1.11 | 1.09 | 1.12 |
Net investment income (loss) | (0.79)6 | (0.84) | (0.67) | 0.18 | 0.14 | 0.13 |
Portfolio turnover (%) | 10 | 28 | 25 | 73 | 52 | 41 |
1 | Six months ended 2-28-22. 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 | Less than $500,000. |
6 | Annualized. |
18 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $34.00 | $25.27 | $22.23 | $32.05 | $27.34 | $24.41 |
Net investment income (loss)2 | (0.09) | (0.19) | (0.11) | 0.08 | 0.08 | 0.12 |
Net realized and unrealized gain (loss) on investments | (3.10) | 9.75 | 3.93 | (5.51) | 6.75 | 2.95 |
Total from investment operations | (3.19) | 9.56 | 3.82 | (5.43) | 6.83 | 3.07 |
Less distributions | ||||||
From net investment income | — | — | — | (0.08) | (0.10) | (0.07) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) | (0.07) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.39) | (2.12) | (0.14) |
Net asset value, end of period | $28.18 | $34.00 | $25.27 | $22.23 | $32.05 | $27.34 |
Total return (%)3 | (9.81)4 | 38.35 | 17.45 | (15.11) | 25.92 | 12.55 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—5 | $—5 | $—5 | $—5 | $—5 | $1 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.116 | 1.10 | 1.15 | 1.28 | 1.35 | 1.27 |
Expenses including reductions | 1.006 | 1.00 | 1.01 | 0.96 | 0.96 | 0.95 |
Net investment income (loss) | (0.57)6 | (0.63) | (0.51) | 0.33 | 0.27 | 0.46 |
Portfolio turnover (%) | 10 | 28 | 25 | 73 | 52 | 41 |
1 | Six months ended 2-28-22. 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 | Less than $500,000. |
6 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 19 |
CLASS R6 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $34.12 | $25.32 | $22.24 | $32.07 | $27.34 | $24.40 |
Net investment income (loss)2 | (0.06) | (0.14) | (0.08) | 0.11 | 0.12 | 0.12 |
Net realized and unrealized gain (loss) on investments | (3.12) | 9.77 | 3.94 | (5.51) | 6.77 | 2.99 |
Total from investment operations | (3.18) | 9.63 | 3.86 | (5.40) | 6.89 | 3.11 |
Less distributions | ||||||
From net investment income | — | — | — | (0.12) | (0.14) | (0.10) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) | (0.07) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.43) | (2.16) | (0.17) |
Net asset value, end of period | $28.31 | $34.12 | $25.32 | $22.24 | $32.07 | $27.34 |
Total return (%)3 | (9.75)4 | 38.55 | 17.62 | (14.99) | 26.16 | 12.73 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $—5 | $—5 | $—5 | $—5 | $2 | $2 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.836 | 0.84 | 0.90 | 1.03 | 1.00 | 1.02 |
Expenses including reductions | 0.826 | 0.83 | 0.86 | 0.81 | 0.80 | 0.80 |
Net investment income (loss) | (0.39)6 | (0.46) | (0.36) | 0.45 | 0.42 | 0.46 |
Portfolio turnover (%) | 10 | 28 | 25 | 73 | 52 | 41 |
1 | Six months ended 2-28-22. 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 | Less than $500,000. |
6 | Annualized. |
20 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS 1 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $34.39 | $25.53 | $22.42 | $32.29 | $27.51 | $24.56 |
Net investment income (loss)2 | (0.07) | (0.15) | (0.09) | 0.11 | 0.11 | 0.11 |
Net realized and unrealized gain (loss) on investments | (3.14) | 9.84 | 3.98 | (5.56) | 6.82 | 3.01 |
Total from investment operations | (3.21) | 9.69 | 3.89 | (5.45) | 6.93 | 3.12 |
Less distributions | ||||||
From net investment income | — | — | — | (0.11) | (0.13) | (0.10) |
From net realized gain | (2.63) | (0.83) | (0.78) | (4.31) | (2.02) | (0.07) |
Total distributions | (2.63) | (0.83) | (0.78) | (4.42) | (2.15) | (0.17) |
Net asset value, end of period | $28.55 | $34.39 | $25.53 | $22.42 | $32.29 | $27.51 |
Total return (%)3 | (9.76)4 | 38.47 | 17.62 | (15.04) | 26.10 | 12.71 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $30 | $37 | $33 | $42 | $59 | $56 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.875 | 0.88 | 0.94 | 1.06 | 1.04 | 1.05 |
Expenses including reductions | 0.865 | 0.87 | 0.90 | 0.84 | 0.84 | 0.84 |
Net investment income (loss) | (0.43)5 | (0.50) | (0.39) | 0.44 | 0.38 | 0.43 |
Portfolio turnover (%) | 10 | 28 | 25 | 73 | 52 | 41 |
1 | Six months ended 2-28-22. 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 New Opportunities Fund | 21 |
22 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 23 |
24 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT |
Class | Expense reduction |
Class A | $15,008 |
Class C | 132 |
Class I | 808 |
Class R2 | 11 |
Class | Expense reduction |
Class R4 | $3 |
Class R6 | 18 |
Class 1 | 1,556 |
Total | $17,536 |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.25% | — |
Class C | 1.00% | — |
Class R2 | 0.25% | 0.25% |
Class R4 | 0.25% | 0.10% |
Class 1 | 0.05% | — |
SEMIANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 25 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $407,367 | $181,926 |
Class C | 14,331 | 1,600 |
Class I | — | 9,829 |
Class R2 | 450 | 10 |
Class R4 | 106 | 3 |
Class R6 | — | 17 |
Class 1 | 8,447 | — |
Total | $430,701 | $193,385 |
26 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 91,752 | $2,917,921 | 219,746 | $6,640,523 |
Distributions reinvested | 848,537 | 25,142,153 | 281,970 | 8,205,155 |
Repurchased | (509,242) | (15,671,121) | (1,029,271) | (30,654,961) |
Net increase (decrease) | 431,047 | $12,388,953 | (527,555) | $(15,809,283) |
Class C shares | ||||
Sold | 4,131 | $119,076 | 9,793 | $281,097 |
Distributions reinvested | 8,599 | 240,162 | 3,516 | 97,688 |
Repurchased | (12,201) | (365,183) | (64,426) | (1,795,418) |
Net increase (decrease) | 529 | $(5,945) | (51,117) | $(1,416,633) |
Class I shares | ||||
Sold | 44,642 | $1,441,010 | 483,069 | $14,440,611 |
Distributions reinvested | 41,745 | 1,247,762 | 15,416 | 451,075 |
Repurchased | (297,366) | (9,670,995) | (164,595) | (5,060,139) |
Net increase (decrease) | (210,979) | $(6,982,223) | 333,890 | $9,831,547 |
Class R1 shares | ||||
Sold | — | — | 48 | $1,177 |
Repurchased | — | — | (18,104) | (456,139) |
Net decrease | — | — | (18,056) | $(454,962) |
Class R2 shares | ||||
Sold | 372 | $10,627 | 5,350 | $142,472 |
Distributions reinvested | 343 | 10,189 | 106 | 3,087 |
Repurchased | (53) | (1,552) | (530) | (16,381) |
Net increase | 662 | $19,264 | 4,926 | $129,178 |
Class R3 shares | ||||
Repurchased | — | — | (3,518) | $(91,251) |
Net decrease | — | — | (3,518) | $(91,251) |
Class R4 shares | ||||
Sold | — | — | 81 | $2,686 |
Distributions reinvested | 64 | $1,912 | 18 | 522 |
Repurchased | (32) | (941) | (70) | (1,839) |
Net increase | 32 | $971 | 29 | $1,369 |
SEMIANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 27 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class R6 shares | ||||
Sold | 814 | $27,413 | 4,907 | $147,857 |
Distributions reinvested | 1,031 | 30,910 | 268 | 7,847 |
Repurchased | (1,589) | (53,409) | (1,415) | (40,044) |
Net increase | 256 | $4,914 | 3,760 | $115,660 |
Class 1 shares | ||||
Sold | 44,165 | $1,455,416 | 92,793 | $2,908,166 |
Distributions reinvested | 85,529 | 2,585,554 | 34,028 | 1,005,197 |
Repurchased | (172,650) | (5,631,894) | (334,494) | (10,235,334) |
Net decrease | (42,956) | $(1,590,924) | (207,673) | $(6,321,971) |
Total net increase (decrease) | 178,591 | $3,835,010 | (465,314) | $(14,016,346) |
Redesignation | Effective date | Amount | |||||
Class R1 shares as Class R2 shares | October 23, 2020 | $32,254 | |||||
Class R3 shares as Class R2 shares | October 9, 2020 | $91,281 |
28 | JOHN HANCOCK New Opportunities Fund | SEMIANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Daniel L. Miller, CFA
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
SEMIANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 29 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2071556 | 452SA 2/22 |
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 1 |
2 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 3 |
COUNTRY COMPOSITION AS OF 2/28/2022 (% of net assets) | |
United States | 55.4 |
Canada | 6.3 |
Indonesia | 3.7 |
Luxembourg | 3.3 |
United Kingdom | 2.6 |
Australia | 2.3 |
Mexico | 2.1 |
China | 1.8 |
Norway | 1.6 |
Brazil | 1.6 |
Other countries | 19.3 |
TOTAL | 100.0 |
NET CURRENCY EXPOSURE AS OF 2/28/2022 (% of net assets) | |
United States Dollar | 88.0 |
Euro | 4.1 |
Canadian Dollar | 3.4 |
Indonesian Rupiah | 2.0 |
Chinese Yuan Renminbi | 1.9 |
Malaysian Ringgit | 1.3 |
Other Currencies | 2.8 |
Australian Dollar | (1.7) |
Pound Sterling | (1.8) |
TOTAL | 100.0 |
Net currency exposure, after taking into account the effects of forward foreign currency exchange contracts. |
4 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | ||||||
1-year | 5-year | 10-year | 6-month | 5-year | 10-year | as of 2-28-22 | as of 2-28-22 | ||
Class A | -6.44 | 1.82 | 2.91 | -8.17 | 9.43 | 33.25 | 2.46 | 2.41 | |
Class C | -4.18 | 1.95 | 2.61 | -5.65 | 10.12 | 29.39 | 1.86 | 1.81 | |
Class I1 | -2.26 | 2.97 | 3.65 | -4.23 | 15.74 | 43.16 | 2.87 | 2.82 | |
Class R21 | -2.62 | 2.57 | 3.27 | -4.39 | 13.52 | 37.92 | 2.48 | 2.43 | |
Class R61 | -2.15 | 3.09 | 3.75 | -4.17 | 16.46 | 44.57 | 2.97 | 2.92 | |
Class NAV1 | -2.06 | 3.11 | 3.78 | -4.17 | 16.54 | 44.89 | 2.97 | 2.92 | |
Index†† | -2.64 | 2.71 | 2.47 | -4.07 | 14.30 | 27.66 | — | — |
Class A | Class C | Class I | Class R2 | Class R6 | Class NAV | |
Gross (%) | 1.10 | 1.80 | 0.80 | 1.20 | 0.70 | 0.69 |
Net (%) | 1.05 | 1.75 | 0.75 | 1.15 | 0.65 | 0.64 |
SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 5 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C2 | 2-29-12 | 12,939 | 12,939 | 12,766 |
Class I1 | 2-29-12 | 14,316 | 14,316 | 12,766 |
Class R21 | 2-29-12 | 13,792 | 13,792 | 12,766 |
Class R61 | 2-29-12 | 14,457 | 14,457 | 12,766 |
Class NAV1 | 2-29-12 | 14,489 | 14,489 | 12,766 |
1 | For certain types of investors, as described in the fund’s prospectuses. |
2 | The contingent deferred sales charge is not applicable. |
6 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 7 |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $956.30 | $5.09 | 1.05% |
Hypothetical example | 1,000.00 | 1,019.60 | 5.26 | 1.05% | |
Class C | Actual expenses/actual returns | 1,000.00 | 953.00 | 8.47 | 1.75% |
Hypothetical example | 1,000.00 | 1,016.10 | 8.75 | 1.75% | |
Class I | Actual expenses/actual returns | 1,000.00 | 957.70 | 3.64 | 0.75% |
Hypothetical example | 1,000.00 | 1,021.10 | 3.76 | 0.75% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 956.10 | 5.38 | 1.11% |
Hypothetical example | 1,000.00 | 1,019.30 | 5.56 | 1.11% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 958.30 | 3.16 | 0.65% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.26 | 0.65% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 958.30 | 3.11 | 0.64% |
Hypothetical example | 1,000.00 | 1,021.60 | 3.21 | 0.64% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
8 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government and Agency obligations 5.1% | $225,267,929 | ||||
(Cost $215,449,200) | |||||
U.S. Government 5.1% | 225,267,929 | ||||
U.S. Treasury | |||||
Bond | 2.000 | 02-15-50 | 18,000,000 | 17,237,109 | |
Bond | 2.750 | 11-15-42 | 10,200,000 | 10,976,953 | |
Bond | 3.000 | 02-15-49 | 62,535,000 | 72,572,342 | |
Bond | 4.375 | 02-15-38 | 40,125,000 | 53,204,809 | |
Note | 0.250 | 06-30-25 | 5,800,000 | 5,529,258 | |
Note | 0.375 | 11-30-25 | 12,000,000 | 11,414,063 | |
Note | 0.500 | 02-28-26 | 12,130,000 | 11,551,456 | |
Note | 1.375 | 11-15-31 | 12,060,000 | 11,560,641 | |
Note | 1.500 | 01-31-27 | 4,605,000 | 4,550,675 | |
Note | 2.000 | 11-15-26 | 3,745,000 | 3,786,692 | |
Note | 2.375 | 02-29-24 | 3,515,000 | 3,576,924 | |
Note | 2.375 | 04-30-26 | 5,420,000 | 5,555,923 | |
Note | 2.625 | 02-15-29 | 7,895,000 | 8,308,871 | |
Treasury Inflation Protected Security | 0.125 | 01-15-30 | 5,005,862 | 5,442,213 | |
Foreign government obligations 21.5% | $955,422,591 | ||||
(Cost $1,003,874,177) | |||||
Australia 1.2% | 53,598,897 | ||||
Commonwealth of Australia | 0.250 | 11-21-24 | AUD | 17,845,000 | 12,577,268 |
Commonwealth of Australia | 0.500 | 09-21-26 | AUD | 8,025,000 | 5,510,213 |
New South Wales Treasury Corp. | 1.000 | 02-08-24 | AUD | 24,925,000 | 18,034,683 |
New South Wales Treasury Corp. | 1.250 | 03-20-25 | AUD | 15,505,000 | 11,122,767 |
Queensland Treasury Corp. (A) | 4.250 | 07-21-23 | AUD | 8,355,000 | 6,353,966 |
Austria 0.2% | 8,048,799 | ||||
Republic of Austria (A) | 0.500 | 02-20-29 | EUR | 7,075,000 | 8,048,799 |
Brazil 0.7% | 30,554,285 | ||||
Federative Republic of Brazil | 10.000 | 01-01-23 | BRL | 24,040,000 | 4,653,052 |
Federative Republic of Brazil | 10.000 | 01-01-25 | BRL | 135,530,000 | 25,901,233 |
Canada 2.7% | 118,391,844 | ||||
Canada Housing Trust No. 1 (A) | 1.250 | 06-15-26 | CAD | 16,100,000 | 12,345,239 |
Canada Housing Trust No. 1 (A) | 1.950 | 12-15-25 | CAD | 17,175,000 | 13,577,396 |
CPPIB Capital, Inc. (A) | 2.250 | 12-01-31 | CAD | 6,685,000 | 5,144,681 |
Government of Canada | 1.500 | 09-01-24 | CAD | 7,863,000 | 6,200,076 |
Province of Ontario | 1.350 | 12-02-30 | CAD | 57,020,000 | 40,996,818 |
Province of Ontario | 2.900 | 06-02-28 | CAD | 13,400,000 | 10,984,511 |
Province of Ontario | 3.450 | 06-02-45 | CAD | 11,995,000 | 10,033,687 |
Province of Quebec | 0.200 | 04-07-25 | EUR | 5,160,000 | 5,764,704 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 9 |
Rate (%) | Maturity date | Par value^ | Value | ||
Canada (continued) | |||||
Province of Quebec | 1.500 | 12-15-23 | GBP | 5,130,000 | $6,888,117 |
Province of Quebec | 3.000 | 09-01-23 | CAD | 8,000,000 | 6,456,615 |
China 1.8% | 78,600,501 | ||||
People’s Republic of China | 1.990 | 04-09-25 | CNY | 128,240,000 | 20,041,744 |
People’s Republic of China | 2.690 | 08-12-26 | CNY | 44,520,000 | 7,101,671 |
People’s Republic of China | 2.880 | 11-05-23 | CNY | 149,230,000 | 23,898,613 |
People’s Republic of China | 2.890 | 11-18-31 | CNY | 128,360,000 | 20,514,077 |
People’s Republic of China | 3.020 | 05-27-31 | CNY | 29,650,000 | 4,767,331 |
People’s Republic of China | 3.530 | 10-18-51 | CNY | 13,900,000 | 2,277,065 |
Colombia 1.0% | 44,512,160 | ||||
Republic of Colombia | 3.250 | 04-22-32 | 9,615,000 | 8,043,236 | |
Republic of Colombia | 4.500 | 03-15-29 | 2,450,000 | 2,370,914 | |
Republic of Colombia | 5.625 | 02-26-44 | 2,450,000 | 2,208,479 | |
Republic of Colombia | 6.250 | 11-26-25 | COP | 39,010,000,000 | 9,075,635 |
Republic of Colombia | 7.500 | 08-26-26 | COP | 40,050,000,000 | 9,592,965 |
Republic of Colombia | 10.000 | 07-24-24 | COP | 50,477,000,000 | 13,220,931 |
Greece 0.7% | 31,148,482 | ||||
Republic of Greece (A) | 1.500 | 06-18-30 | EUR | 10,675,000 | 11,291,790 |
Republic of Greece (A) | 2.000 | 04-22-27 | EUR | 8,435,000 | 9,675,532 |
Republic of Greece | 4.200 | 01-30-42 | EUR | 7,100,000 | 10,181,160 |
India 0.2% | 11,599,452 | ||||
Republic of India | 6.100 | 07-12-31 | INR | 358,560,000 | 4,541,277 |
Republic of India | 6.450 | 10-07-29 | INR | 373,000,000 | 4,891,780 |
Republic of India | 7.270 | 04-08-26 | INR | 156,200,000 | 2,166,395 |
Indonesia 3.0% | 132,749,133 | ||||
Perusahaan Penerbit SBSN Indonesia III (A) | 4.150 | 03-29-27 | 10,060,000 | 10,641,367 | |
Republic of Indonesia | 1.100 | 03-12-33 | EUR | 2,709,000 | 2,663,616 |
Republic of Indonesia (A) | 2.150 | 07-18-24 | EUR | 6,000,000 | 6,859,892 |
Republic of Indonesia (A) | 2.625 | 06-14-23 | EUR | 11,010,000 | 12,591,775 |
Republic of Indonesia | 3.050 | 03-12-51 | 5,655,000 | 5,048,594 | |
Republic of Indonesia | 3.850 | 10-15-30 | 4,480,000 | 4,761,559 | |
Republic of Indonesia | 6.375 | 04-15-32 | IDR | 88,601,000,000 | 6,090,028 |
Republic of Indonesia | 6.500 | 06-15-25 | IDR | 289,886,000,000 | 21,142,382 |
Republic of Indonesia | 6.625 | 05-15-33 | IDR | 93,981,000,000 | 6,545,290 |
Republic of Indonesia | 7.000 | 05-15-27 | IDR | 72,700,000,000 | 5,373,036 |
Republic of Indonesia | 7.000 | 09-15-30 | IDR | 243,389,000,000 | 17,450,241 |
Republic of Indonesia | 7.500 | 06-15-35 | IDR | 61,272,000,000 | 4,492,849 |
Republic of Indonesia | 7.500 | 05-15-38 | IDR | 62,856,000,000 | 4,572,225 |
Republic of Indonesia | 8.125 | 05-15-24 | IDR | 45,206,000,000 | 3,399,242 |
Republic of Indonesia | 8.375 | 09-15-26 | IDR | 81,815,000,000 | 6,350,016 |
Republic of Indonesia | 8.750 | 05-15-31 | IDR | 111,458,000,000 | 8,907,564 |
10 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Indonesia (continued) | |||||
Republic of Indonesia | 9.000 | 03-15-29 | IDR | 73,235,000,000 | $5,859,457 |
Ireland 0.2% | 11,255,664 | ||||
Republic of Ireland | 1.100 | 05-15-29 | EUR | 2,760,000 | 3,260,472 |
Republic of Ireland | 3.400 | 03-18-24 | EUR | 6,615,000 | 7,995,192 |
Italy 0.7% | 29,995,048 | ||||
Republic of Italy | 1.250 | 02-17-26 | 7,595,000 | 7,198,819 | |
Republic of Italy (A) | 1.850 | 07-01-25 | EUR | 19,430,000 | 22,796,229 |
Japan 0.9% | 38,303,721 | ||||
Government of Japan | 0.100 | 06-20-25 | JPY | 4,387,750,000 | 38,303,721 |
Malaysia 1.3% | 56,107,093 | ||||
Government of Malaysia | 3.733 | 06-15-28 | MYR | 24,975,000 | 5,996,008 |
Government of Malaysia | 3.828 | 07-05-34 | MYR | 22,120,000 | 5,175,684 |
Government of Malaysia | 3.844 | 04-15-33 | MYR | 48,536,000 | 11,512,288 |
Government of Malaysia | 3.882 | 03-14-25 | MYR | 36,535,000 | 8,937,503 |
Government of Malaysia | 3.899 | 11-16-27 | MYR | 43,417,000 | 10,587,868 |
Government of Malaysia | 3.900 | 11-30-26 | MYR | 18,960,000 | 4,634,328 |
Government of Malaysia | 4.059 | 09-30-24 | MYR | 37,710,000 | 9,263,414 |
Mexico 1.3% | 59,253,307 | ||||
Government of Mexico | 5.750 | 03-05-26 | MXN | 253,970,000 | 11,518,614 |
Government of Mexico | 6.750 | 03-09-23 | MXN | 231,360,000 | 11,222,558 |
Government of Mexico | 7.500 | 06-03-27 | MXN | 452,090,000 | 21,772,103 |
Government of Mexico | 7.750 | 05-29-31 | MXN | 304,940,000 | 14,740,032 |
New Zealand 1.1% | 50,257,201 | ||||
Government of New Zealand | 0.500 | 05-15-24 | NZD | 42,290,000 | 27,472,415 |
Government of New Zealand | 0.500 | 05-15-26 | NZD | 14,295,000 | 8,858,021 |
Government of New Zealand | 4.500 | 04-15-27 | NZD | 6,105,000 | 4,492,570 |
Government of New Zealand | 4.500 | 04-15-27 | NZD | 9,490,000 | 6,810,581 |
Government of New Zealand | 5.500 | 04-15-23 | NZD | 3,730,000 | 2,623,614 |
Norway 0.9% | 39,803,359 | ||||
Kingdom of Norway (A) | 1.500 | 02-19-26 | NOK | 81,525,000 | 9,122,728 |
Kingdom of Norway (A) | 1.750 | 03-13-25 | NOK | 40,855,000 | 4,623,800 |
Kingdom of Norway (A) | 1.750 | 02-17-27 | NOK | 51,830,000 | 5,837,254 |
Kingdom of Norway (A) | 2.000 | 05-24-23 | NOK | 176,910,000 | 20,219,577 |
Philippines 0.6% | 26,984,345 | ||||
Republic of the Philippines | 0.875 | 05-17-27 | EUR | 17,540,000 | 18,991,461 |
Republic of the Philippines | 6.250 | 01-14-36 | PHP | 373,000,000 | 7,992,884 |
Portugal 0.5% | 23,916,631 | ||||
Republic of Portugal (A) | 0.475 | 10-18-30 | EUR | 17,270,000 | 18,772,620 |
Republic of Portugal (A) | 0.700 | 10-15-27 | EUR | 4,525,000 | 5,144,011 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Qatar 0.3% | $12,955,610 | ||||
State of Qatar (A) | 4.000 | 03-14-29 | 3,455,000 | 3,760,166 | |
State of Qatar (A) | 4.817 | 03-14-49 | 7,575,000 | 9,195,444 | |
Singapore 0.4% | 18,924,127 | ||||
Republic of Singapore | 1.750 | 04-01-22 | SGD | 25,635,000 | 18,924,127 |
Spain 0.5% | 20,596,967 | ||||
Kingdom of Spain (A) | 0.250 | 07-30-24 | EUR | 9,125,000 | 10,310,754 |
Kingdom of Spain (A) | 0.800 | 07-30-27 | EUR | 9,040,000 | 10,286,213 |
Sweden 0.3% | 15,048,202 | ||||
Kingdom of Sweden (A) | 0.125 | 04-24-23 | EUR | 13,340,000 | 15,048,202 |
United Arab Emirates 0.5% | 21,894,040 | ||||
Government of Abu Dhabi (A) | 1.700 | 03-02-31 | 9,705,000 | 9,054,804 | |
Government of Abu Dhabi (A) | 3.125 | 04-16-30 | 7,880,000 | 8,216,318 | |
Government of Abu Dhabi (A) | 3.875 | 04-16-50 | 4,315,000 | 4,622,918 | |
United Kingdom 0.5% | 20,923,723 | ||||
Government of United Kingdom | 0.125 | 01-31-24 | GBP | 4,350,000 | 5,732,323 |
Government of United Kingdom | 0.250 | 01-31-25 | GBP | 3,650,000 | 4,773,724 |
Government of United Kingdom | 0.500 | 07-22-22 | GBP | 7,765,000 | 10,417,676 |
Corporate bonds 50.8% | $2,260,004,636 | ||||
(Cost $2,342,425,915) | |||||
Communication services 6.1% | 271,821,047 | ||||
Diversified telecommunication services 0.6% | |||||
Cellnex Telecom SA | 1.875 | 06-26-29 | EUR | 5,400,000 | 5,525,368 |
CT Trust (A) | 5.125 | 02-03-32 | 3,790,000 | 3,796,405 | |
IHS Holding, Ltd. (A) | 6.250 | 11-29-28 | 3,600,000 | 3,510,000 | |
Kenbourne Invest SA (A) | 4.700 | 01-22-28 | 4,775,000 | 4,428,813 | |
Total Play Telecomunicaciones SA de CV (A) | 7.500 | 11-12-25 | 8,945,000 | 8,721,464 | |
Entertainment 0.9% | |||||
Lions Gate Capital Holdings LLC (A) | 5.500 | 04-15-29 | 10,180,000 | 9,681,689 | |
Netflix, Inc. | 4.875 | 04-15-28 | 2,890,000 | 3,096,057 | |
Netflix, Inc. (A) | 5.375 | 11-15-29 | 9,335,000 | 10,426,028 | |
WMG Acquisition Corp. (A) | 3.000 | 02-15-31 | 19,595,000 | 17,716,427 | |
Interactive media and services 0.3% | |||||
ANGI Group LLC (A) | 3.875 | 08-15-28 | 6,920,000 | 6,141,500 | |
Match Group Holdings II LLC (A) | 4.125 | 08-01-30 | 7,915,000 | 7,661,562 | |
Media 3.0% | |||||
Altice Financing SA (A) | 5.000 | 01-15-28 | 515,000 | 464,051 | |
CCO Holdings LLC (A) | 4.250 | 02-01-31 | 1,700,000 | 1,592,798 | |
CCO Holdings LLC (A) | 4.500 | 08-15-30 | 8,205,000 | 7,902,071 |
12 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Media (continued) | |||||
CCO Holdings LLC (A) | 4.500 | 06-01-33 | 5,245,000 | $4,917,188 | |
CCO Holdings LLC (A) | 4.750 | 03-01-30 | 11,565,000 | 11,356,657 | |
CCO Holdings LLC (A) | 5.125 | 05-01-27 | 14,650,000 | 14,796,500 | |
Charter Communications Operating LLC | 2.800 | 04-01-31 | 2,350,000 | 2,176,508 | |
Charter Communications Operating LLC | 5.125 | 07-01-49 | 15,905,000 | 16,189,238 | |
Charter Communications Operating LLC | 5.750 | 04-01-48 | 7,045,000 | 7,787,351 | |
Globo Comunicacao e Participacoes SA (A) | 5.500 | 01-14-32 | 5,840,000 | 5,343,600 | |
LCPR Senior Secured Financing DAC (A) | 5.125 | 07-15-29 | 8,000,000 | 7,688,000 | |
News Corp. (A) | 3.875 | 05-15-29 | 17,435,000 | 16,694,013 | |
Sirius XM Radio, Inc. (A) | 4.125 | 07-01-30 | 1,005,000 | 949,946 | |
Virgin Media Finance PLC (A) | 5.000 | 07-15-30 | 7,640,000 | 7,227,822 | |
Virgin Media Secured Finance PLC (A) | 4.500 | 08-15-30 | 5,145,000 | 4,864,443 | |
Virgin Media Secured Finance PLC (A) | 5.500 | 05-15-29 | 11,030,000 | 11,020,010 | |
VTR Comunicaciones SpA (A) | 4.375 | 04-15-29 | 4,495,000 | 4,286,926 | |
VTR Comunicaciones SpA (A) | 5.125 | 01-15-28 | 3,333,000 | 3,298,437 | |
VTR Finance NV (A) | 6.375 | 07-15-28 | 5,360,000 | 5,428,340 | |
Wireless telecommunication services 1.3% | |||||
Millicom International Cellular SA (A) | 4.500 | 04-27-31 | 5,685,000 | 5,319,455 | |
Rogers Communications, Inc. (5.000% to 12-17-26, then 5 Year Canada Government Bond Yield + 3.575%) | 5.000 | 12-17-81 | CAD | 5,425,000 | 4,216,306 |
Sprint Corp. | 7.125 | 06-15-24 | 1,655,000 | 1,789,485 | |
T-Mobile USA, Inc. | 2.625 | 04-15-26 | 2,415,000 | 2,371,107 | |
T-Mobile USA, Inc. | 2.625 | 02-15-29 | 4,405,000 | 4,131,185 | |
T-Mobile USA, Inc. | 2.875 | 02-15-31 | 4,070,000 | 3,818,962 | |
T-Mobile USA, Inc. | 3.375 | 04-15-29 | 4,865,000 | 4,760,889 | |
T-Mobile USA, Inc. | 3.500 | 04-15-31 | 3,440,000 | 3,386,216 | |
T-Mobile USA, Inc. (A) | 3.500 | 04-15-31 | 4,670,000 | 4,596,985 | |
T-Mobile USA, Inc. | 4.750 | 02-01-28 | 1,665,000 | 1,718,863 | |
Vmed O2 UK Financing I PLC (A) | 3.250 | 01-31-31 | EUR | 7,750,000 | 7,935,382 |
Vmed O2 UK Financing I PLC (A) | 4.250 | 01-31-31 | 14,225,000 | 13,087,000 | |
Consumer discretionary 4.9% | 219,245,298 | ||||
Automobiles 1.3% | |||||
BMW Finance NV | 1.000 | 11-14-24 | EUR | 4,785,000 | 5,452,678 |
Ford Motor Company | 3.250 | 02-12-32 | 6,125,000 | 5,779,489 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Automobiles (continued) | |||||
Ford Motor Credit Company LLC | 2.748 | 06-14-24 | GBP | 3,354,000 | $4,395,888 |
Ford Motor Credit Company LLC | 2.900 | 02-16-28 | 3,620,000 | 3,402,800 | |
Ford Motor Credit Company LLC | 2.979 | 08-03-22 | 4,400,000 | 4,400,000 | |
Ford Motor Credit Company LLC | 3.087 | 01-09-23 | 2,905,000 | 2,923,302 | |
Ford Motor Credit Company LLC | 3.350 | 11-01-22 | 5,755,000 | 5,769,388 | |
Ford Motor Credit Company LLC | 3.370 | 11-17-23 | 2,845,000 | 2,857,803 | |
Ford Motor Credit Company LLC | 3.625 | 06-17-31 | 12,890,000 | 12,395,185 | |
Ford Motor Credit Company LLC | 4.000 | 11-13-30 | 2,575,000 | 2,554,400 | |
Ford Motor Credit Company LLC | 4.125 | 08-17-27 | 1,665,000 | 1,677,071 | |
Ford Motor Credit Company LLC | 4.250 | 09-20-22 | 3,320,000 | 3,351,125 | |
Ford Motor Credit Company LLC | 4.542 | 08-01-26 | 4,455,000 | 4,588,650 | |
Hotels, restaurants and leisure 3.4% | |||||
Carnival Corp. (A) | 5.750 | 03-01-27 | 11,850,000 | 11,541,959 | |
Hilton Domestic Operating Company, Inc. (A) | 3.625 | 02-15-32 | 4,920,000 | 4,676,952 | |
Hilton Domestic Operating Company, Inc. | 4.875 | 01-15-30 | 2,950,000 | 3,034,783 | |
Hyatt Hotels Corp. | 5.750 | 04-23-30 | 7,696,000 | 8,871,346 | |
MGM Resorts International | 4.750 | 10-15-28 | 1,060,000 | 1,055,370 | |
New Red Finance, Inc. (A) | 3.500 | 02-15-29 | 5,802,000 | 5,468,385 | |
New Red Finance, Inc. (A) | 3.875 | 01-15-28 | 8,793,000 | 8,551,193 | |
New Red Finance, Inc. (A) | 4.000 | 10-15-30 | 22,370,000 | 20,664,288 | |
Royal Caribbean Cruises, Ltd. (A) | 4.250 | 07-01-26 | 7,280,000 | 6,897,800 | |
Royal Caribbean Cruises, Ltd. (A) | 5.500 | 04-01-28 | 12,760,000 | 12,505,948 | |
Travel + Leisure Company (A) | 4.500 | 12-01-29 | 9,282,000 | 8,864,310 | |
Travel + Leisure Company (A) | 6.625 | 07-31-26 | 3,876,000 | 4,137,630 | |
Wyndham Hotels & Resorts, Inc. (A) | 4.375 | 08-15-28 | 6,920,000 | 6,816,200 | |
Yum! Brands, Inc. | 3.625 | 03-15-31 | 18,845,000 | 17,609,333 | |
Yum! Brands, Inc. | 4.625 | 01-31-32 | 9,070,000 | 8,888,600 | |
Yum! Brands, Inc. (A) | 4.750 | 01-15-30 | 19,625,000 | 19,919,375 | |
Household durables 0.0% | |||||
Newell Brands, Inc. | 4.700 | 04-01-26 | 1,625,000 | 1,682,176 | |
Internet and direct marketing retail 0.2% | |||||
MercadoLibre, Inc. | 2.375 | 01-14-26 | 5,950,000 | 5,571,402 | |
MercadoLibre, Inc. | 3.125 | 01-14-31 | 3,340,000 | 2,940,469 | |
Consumer staples 3.3% | 148,030,897 | ||||
Beverages 0.2% | |||||
Becle SAB de CV (A) | 2.500 | 10-14-31 | 8,250,000 | 7,473,510 | |
Food products 2.9% | |||||
JBS Finance Luxembourg Sarl (A) | 3.625 | 01-15-32 | 10,670,000 | 9,681,425 | |
Kraft Heinz Foods Company | 3.000 | 06-01-26 | 7,061,000 | 7,051,821 |
14 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer staples (continued) | |||||
Food products (continued) | |||||
Kraft Heinz Foods Company | 3.875 | 05-15-27 | 3,905,000 | $4,043,432 | |
Kraft Heinz Foods Company | 4.250 | 03-01-31 | 12,095,000 | 12,798,022 | |
Kraft Heinz Foods Company | 4.375 | 06-01-46 | 2,935,000 | 3,008,375 | |
Kraft Heinz Foods Company | 4.625 | 10-01-39 | 11,120,000 | 11,870,600 | |
Kraft Heinz Foods Company | 6.875 | 01-26-39 | 12,485,000 | 16,480,200 | |
Kraft Heinz Foods Company (A) | 7.125 | 08-01-39 | 1,675,000 | 2,276,426 | |
MARB BondCo PLC (A) | 3.950 | 01-29-31 | 14,046,000 | 12,361,885 | |
NBM US Holdings, Inc. (A) | 7.000 | 05-14-26 | 2,929,000 | 3,027,151 | |
Post Holdings, Inc. (A) | 4.500 | 09-15-31 | 14,765,000 | 13,676,081 | |
Post Holdings, Inc. (A) | 5.500 | 12-15-29 | 3,230,000 | 3,257,084 | |
Post Holdings, Inc. (A) | 5.625 | 01-15-28 | 14,510,000 | 14,564,413 | |
Post Holdings, Inc. (A) | 5.750 | 03-01-27 | 14,660,000 | 14,813,930 | |
Personal products 0.2% | |||||
Natura Cosmeticos SA (A)(B) | 4.125 | 05-03-28 | 8,030,000 | 7,639,742 | |
Oriflame Investment Holding PLC (A) | 5.125 | 05-04-26 | 4,770,000 | 4,006,800 | |
Energy 6.3% | 280,100,575 | ||||
Oil, gas and consumable fuels 6.3% | |||||
Aker BP ASA (A) | 3.750 | 01-15-30 | 8,430,000 | 8,539,395 | |
Cenovus Energy, Inc. | 3.500 | 02-07-28 | CAD | 5,175,000 | 4,117,871 |
Cenovus Energy, Inc. | 5.250 | 06-15-37 | 2,074,000 | 2,307,449 | |
Cenovus Energy, Inc. | 5.400 | 06-15-47 | 8,203,000 | 9,230,325 | |
Cenovus Energy, Inc. | 6.750 | 11-15-39 | 18,593,000 | 23,298,309 | |
Cheniere Energy Partners LP | 4.000 | 03-01-31 | 13,025,000 | 12,829,625 | |
Cheniere Energy Partners LP | 4.500 | 10-01-29 | 4,045,000 | 4,122,664 | |
Continental Resources, Inc. (A) | 2.875 | 04-01-32 | 12,374,000 | 11,312,682 | |
Continental Resources, Inc. (A) | 5.750 | 01-15-31 | 15,241,000 | 16,999,354 | |
Ecopetrol SA | 4.625 | 11-02-31 | 4,570,000 | 4,094,720 | |
Ecopetrol SA | 5.375 | 06-26-26 | 2,445,000 | 2,507,127 | |
Ecopetrol SA (B) | 5.875 | 05-28-45 | 2,485,000 | 2,165,056 | |
Ecopetrol SA | 6.875 | 04-29-30 | 4,970,000 | 5,200,807 | |
Enbridge, Inc. | 3.125 | 11-15-29 | 10,080,000 | 10,070,124 | |
EQT Corp. (A) | 3.125 | 05-15-26 | 1,990,000 | 1,957,274 | |
EQT Corp. (A)(B) | 3.625 | 05-15-31 | 23,315,000 | 22,673,838 | |
EQT Corp. | 3.900 | 10-01-27 | 3,283,000 | 3,318,112 | |
Inversiones Latin America Power Ltda (A) | 5.125 | 06-15-33 | 6,185,217 | 5,319,286 | |
Kinder Morgan, Inc. | 2.000 | 02-15-31 | 3,020,000 | 2,713,798 | |
MC Brazil Downstream Trading SARL (A)(B) | 7.250 | 06-30-31 | 10,290,000 | 9,518,250 | |
Medco Oak Tree Pte, Ltd. (A) | 7.375 | 05-14-26 | 6,590,000 | 6,631,188 | |
Occidental Petroleum Corp. | 3.200 | 08-15-26 | 1,560,000 | 1,559,532 | |
Occidental Petroleum Corp. | 3.400 | 04-15-26 | 2,417,000 | 2,417,000 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Occidental Petroleum Corp. | 6.125 | 01-01-31 | 7,895,000 | $8,977,405 | |
Occidental Petroleum Corp. | 6.625 | 09-01-30 | 11,815,000 | 13,748,702 | |
Occidental Petroleum Corp. | 7.500 | 05-01-31 | 3,470,000 | 4,207,375 | |
Ovintiv, Inc. | 6.500 | 08-15-34 | 7,620,000 | 9,280,724 | |
Ovintiv, Inc. | 6.500 | 02-01-38 | 5,700,000 | 6,754,614 | |
Pertamina Persero PT (A) | 3.100 | 01-21-30 | 2,700,000 | 2,600,407 | |
Pertamina Persero PT (A) | 3.650 | 07-30-29 | 3,440,000 | 3,452,425 | |
Petrobras Global Finance BV | 6.900 | 03-19-49 | 11,065,000 | 11,037,338 | |
Petrorio Luxembourg Trading Sarl (A) | 6.125 | 06-09-26 | 5,350,000 | 5,222,991 | |
Qatar Energy (A) | 2.250 | 07-12-31 | 3,925,000 | 3,697,193 | |
Qatar Energy (A) | 3.300 | 07-12-51 | 3,105,000 | 2,923,078 | |
Saudi Arabian Oil Company (A) | 4.250 | 04-16-39 | 2,850,000 | 3,028,524 | |
Saudi Arabian Oil Company (A) | 4.375 | 04-16-49 | 5,805,000 | 6,167,813 | |
Southwestern Energy Company | 5.950 | 01-23-25 | 166,000 | 173,055 | |
The Williams Companies, Inc. | 3.500 | 11-15-30 | 865,000 | 879,325 | |
TransCanada PipeLines, Ltd. | 4.100 | 04-15-30 | 13,295,000 | 14,038,194 | |
Transcontinental Gas Pipe Line Company LLC | 3.250 | 05-15-30 | 875,000 | 881,453 | |
Western Midstream Operating LP | 4.550 | 02-01-30 | 9,845,000 | 10,126,173 | |
Financials 11.0% | 487,892,397 | ||||
Banks 6.8% | |||||
Banco Actinver SA (A) | 4.800 | 12-18-32 | 2,360,000 | 1,646,100 | |
Banco Actinver SA (A) | 9.500 | 12-18-32 | MXN | 138,600,000 | 4,645,716 |
Banco Santander SA (4.750% to 11-12-26, then 5 Year CMT + 3.753%) (B)(C) | 4.750 | 11-12-26 | 8,200,000 | 7,556,300 | |
Barclays PLC (4.375% to 3-15-28, then 5 Year CMT + 3.410%) (C) | 4.375 | 03-15-28 | 5,490,000 | 5,037,075 | |
BNG Bank NV | 0.250 | 06-07-24 | EUR | 3,800,000 | 4,289,679 |
BNP Paribas SA (4.500% to 2-25-30, then 5 Year CMT + 2.944%) (A)(B)(C) | 4.500 | 02-25-30 | 8,095,000 | 7,368,879 | |
BNP Paribas SA (4.625% to 2-25-31, then 5 Year CMT + 3.340%) (A)(B)(C) | 4.625 | 02-25-31 | 14,782,000 | 13,673,350 | |
Citigroup, Inc. (Greater of 3 month EURIBOR + 0.500% or 0.000%) (D) | 0.000 | 03-21-23 | EUR | 10,835,000 | 12,182,271 |
Credit Agricole SA (6.875% to 9-23-24, then 5 Year U.S. Swap Rate + 4.319%) (A)(B)(C) | 6.875 | 09-23-24 | 1,926,000 | 2,022,300 |
16 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + 4.898%) (A)(C) | 7.875 | 01-23-24 | 8,335,000 | $8,876,775 | |
European Investment Bank (SONIA + 0.350%) (D) | 0.609 | 06-29-23 | GBP | 6,180,000 | 8,320,650 |
European Investment Bank | 1.500 | 05-12-22 | NOK | 70,180,000 | 7,967,075 |
European Investment Bank | 1.750 | 03-13-25 | NOK | 15,470,000 | 1,742,471 |
ING Groep NV (4.250% to 5-16-31, then 5 Year CMT + 2.862%) (C) | 4.250 | 05-16-31 | 8,315,000 | 7,239,039 | |
ING Groep NV (5.750% to 11-16-26, then 5 Year CMT + 4.342%) (C) | 5.750 | 11-16-26 | 9,554,000 | 9,673,425 | |
International Bank for Reconstruction & Development | 1.800 | 01-19-27 | CAD | 6,585,000 | 5,138,690 |
International Bank for Reconstruction & Development | 1.900 | 01-16-25 | CAD | 15,730,000 | 12,417,703 |
International Bank for Reconstruction & Development | 2.875 | 11-30-26 | NZD | 7,530,000 | 5,033,043 |
International Finance Corp. | 0.375 | 09-10-25 | NZD | 12,980,000 | 7,990,339 |
Intesa Sanpaolo SpA (4.198% to 6-1-31, then 1 Year CMT + 2.600%) (A) | 4.198 | 06-01-32 | 7,674,000 | 6,941,698 | |
Intesa Sanpaolo SpA (7.700% to 9-17-25, then 5 Year U.S. Swap Rate + 5.462%) (A)(C) | 7.700 | 09-17-25 | 7,875,000 | 8,288,438 | |
Lloyds Banking Group PLC (7.500% to 9-27-25, then 5 Year U.S. Swap Rate + 4.496%) (C) | 7.500 | 09-27-25 | 9,344,000 | 10,254,204 | |
NatWest Group PLC (4.600% to 6-28-31, then 5 Year CMT + 3.100%) (C) | 4.600 | 06-28-31 | 4,400,000 | 3,966,600 | |
NatWest Group PLC (6.000% to 12-29-25, then 5 Year CMT + 5.625%) (C) | 6.000 | 12-29-25 | 8,590,000 | 8,869,175 | |
Nordea Eiendomskreditt AS (3 month NIBOR + 0.300%) (D) | 1.060 | 06-21-23 | NOK | 88,000,000 | 10,017,215 |
Nordea Eiendomskreditt AS (3 month NIBOR + 0.340%) (D) | 1.170 | 06-19-24 | NOK | 110,000,000 | 12,538,113 |
Nordic Investment Bank | 1.875 | 04-10-24 | NOK | 46,090,000 | 5,222,962 |
Popular, Inc. | 6.125 | 09-14-23 | 17,095,000 | 17,787,348 | |
QNB Finance, Ltd. | 3.500 | 03-28-24 | 4,285,000 | 4,376,617 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
Royal Bank of Canada (4.200% to 2-24-27, then 5 Year Canada Government Bond Yield + 2.710%) (C) | 4.200 | 02-24-27 | CAD | 6,420,000 | $4,849,822 |
Shinhan Financial Group Company, Ltd. (2.875% to 5-12-26, then 5 Year CMT + 2.064%) (A)(C) | 2.875 | 05-12-26 | 9,105,000 | 8,649,750 | |
Societe Generale SA (6.750% to 4-6-28, then 5 Year U.S. Swap Rate + 3.929%) (A)(C) | 6.750 | 04-06-28 | 4,155,000 | 4,222,519 | |
Societe Generale SA (8.000% to 9-29-25, then 5 Year ICE Swap Rate + 5.873%) (A)(C) | 8.000 | 09-29-25 | 6,640,000 | 7,217,746 | |
U.S. Bancorp | 0.850 | 06-07-24 | EUR | 18,550,000 | 20,966,000 |
U.S. Bancorp (3.700% to 1-15-27, then 5 Year CMT + 2.541%) (C) | 3.700 | 01-15-27 | 13,641,000 | 12,686,130 | |
UniCredit SpA (5.459% to 6-30-30, then 5 Year CMT + 4.750%) (A) | 5.459 | 06-30-35 | 1,625,000 | 1,619,080 | |
UniCredit SpA (8.000% to 6-3-24, then 5 Year U.S. Swap Rate + 5.180%) (C) | 8.000 | 06-03-24 | 3,624,000 | 3,814,260 | |
Wells Fargo & Company | 3.250 | 04-27-22 | AUD | 12,300,000 | 8,973,240 |
Wells Fargo & Company | 3.750 | 01-24-24 | 6,600,000 | 6,804,176 | |
Capital markets 2.0% | |||||
Credit Suisse Group AG (5.100% to 1-24-30, then 5 Year CMT + 3.293%) (A)(B)(C) | 5.100 | 01-24-30 | 3,965,000 | 3,687,450 | |
Credit Suisse Group AG (6.375% to 8-21-26, then 5 Year CMT + 4.822%) (A)(C) | 6.375 | 08-21-26 | 8,715,000 | 8,769,469 | |
Deutsche Bank AG (6.000% to 10-30-25, then 5 Year CMT + 4.524%) (C) | 6.000 | 10-30-25 | 8,800,000 | 8,547,000 | |
MSCI, Inc. (A) | 3.250 | 08-15-33 | 4,130,000 | 3,907,187 | |
MSCI, Inc. (A) | 3.625 | 09-01-30 | 16,020,000 | 15,708,731 | |
MSCI, Inc. (A) | 3.625 | 11-01-31 | 8,740,000 | 8,521,500 | |
MSCI, Inc. (A) | 3.875 | 02-15-31 | 7,940,000 | 7,904,111 | |
The Goldman Sachs Group, Inc. | 1.375 | 05-15-24 | EUR | 7,713,000 | 8,736,459 |
The Goldman Sachs Group, Inc. | 2.000 | 11-01-28 | EUR | 2,510,000 | 2,862,561 |
The Goldman Sachs Group, Inc. | 3.375 | 03-27-25 | EUR | 1,960,000 | 2,358,653 |
UBS Group AG (3.875% to 6-2-26, then 5 Year CMT + 3.098%) (A)(C) | 3.875 | 06-02-26 | 5,800,000 | 5,385,590 | |
UBS Group AG (4.375% to 2-10-31, then 5 Year CMT + 3.313%) (A)(C) | 4.375 | 02-10-31 | 6,145,000 | 5,553,544 |
18 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Capital markets (continued) | |||||
UBS Group AG (5.125% to 7-29-26, then 5 Year CMT + 4.855%) (C) | 5.125 | 07-29-26 | 4,672,000 | $4,672,000 | |
Consumer finance 0.0% | |||||
Capital One Financial Corp. | 0.800 | 06-12-24 | EUR | 1,100,000 | 1,236,572 |
Diversified financial services 1.0% | |||||
Berkshire Hathaway Finance Corp. | 2.375 | 06-19-39 | GBP | 7,150,000 | 9,002,239 |
Berkshire Hathaway, Inc., Zero Coupon | 0.000 | 03-12-25 | EUR | 10,945,000 | 12,048,308 |
European Financial Stability Facility | 1.875 | 05-23-23 | EUR | 2,500,000 | 2,882,446 |
Mexico Remittances Funding Fiduciary Estate Management Sarl (A) | 4.875 | 01-15-28 | 6,450,000 | 5,692,190 | |
Swiss Insured Brazil Power Finance Sarl (A) | 9.850 | 07-16-32 | BRL | 91,756,557 | 16,809,954 |
Insurance 1.1% | |||||
American International Group, Inc. (8.175% to 5-15-38, then 3 month LIBOR + 4.195%) | 8.175 | 05-15-58 | 15,170,000 | 21,359,360 | |
Chubb INA Holdings, Inc. | 0.300 | 12-15-24 | EUR | 9,990,000 | 11,100,928 |
DB Insurance Company, Ltd. | 3.512 | 05-25-24 | KRW | 10,000,000,000 | 8,388,520 |
DB Insurance Company, Ltd. | 3.865 | 05-25-27 | KRW | 10,000,000,000 | 8,455,358 |
Mortgage real estate investment trusts 0.1% | |||||
Starwood Property Trust, Inc. (A) | 4.375 | 01-15-27 | 3,520,000 | 3,416,294 | |
Health care 4.4% | 194,527,382 | ||||
Health care equipment and supplies 1.1% | |||||
Becton Dickinson Euro Finance Sarl | 1.208 | 06-04-26 | EUR | 8,910,000 | 10,060,496 |
DH Europe Finance II Sarl | 0.450 | 03-18-28 | EUR | 14,445,000 | 15,474,353 |
Mozart Debt Merger Sub, Inc. (A) | 3.875 | 04-01-29 | 12,405,000 | 11,770,298 | |
Mozart Debt Merger Sub, Inc. (A) | 5.250 | 10-01-29 | 13,710,000 | 13,093,050 | |
Health care providers and services 2.6% | |||||
Centene Corp. | 2.500 | 03-01-31 | 9,265,000 | 8,530,702 | |
Centene Corp. | 3.000 | 10-15-30 | 18,720,000 | 17,843,829 | |
Centene Corp. | 3.375 | 02-15-30 | 18,780,000 | 18,018,847 | |
Centene Corp. | 4.625 | 12-15-29 | 2,625,000 | 2,703,750 | |
HCA, Inc. | 3.500 | 09-01-30 | 28,251,000 | 27,968,490 | |
HCA, Inc. | 4.125 | 06-15-29 | 13,845,000 | 14,510,408 | |
HCA, Inc. | 5.375 | 02-01-25 | 16,935,000 | 17,934,334 | |
Rede D’or Finance Sarl (A) | 4.500 | 01-22-30 | 4,134,000 | 3,818,989 | |
Rede D’or Finance Sarl (A)(B) | 4.950 | 01-17-28 | 4,356,000 | 4,263,435 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care (continued) | |||||
Life sciences tools and services 0.4% | |||||
Thermo Fisher Scientific, Inc. | 0.500 | 03-01-28 | EUR | 6,585,000 | $7,119,715 |
Thermo Fisher Scientific, Inc. | 0.750 | 09-12-24 | EUR | 3,288,000 | 3,719,230 |
Thermo Fisher Scientific, Inc. | 1.400 | 01-23-26 | EUR | 4,947,000 | 5,666,512 |
Pharmaceuticals 0.3% | |||||
Allergan Funding SCS | 1.250 | 06-01-24 | EUR | 6,760,000 | 7,545,949 |
Allergan Funding SCS | 2.625 | 11-15-28 | EUR | 3,795,000 | 4,484,995 |
Industrials 4.6% | 204,199,425 | ||||
Aerospace and defense 1.2% | |||||
Airbus SE | 1.625 | 06-09-30 | EUR | 2,740,000 | 3,133,172 |
DAE Funding LLC (A) | 3.375 | 03-20-28 | 6,635,000 | 6,378,544 | |
The Boeing Company | 5.040 | 05-01-27 | 11,170,000 | 12,134,507 | |
The Boeing Company | 5.150 | 05-01-30 | 27,030,000 | 29,855,815 | |
Air freight and logistics 0.2% | |||||
Hidrovias International Finance SARL (A) | 4.950 | 02-08-31 | 3,515,000 | 3,000,966 | |
Simpar Europe SA (A) | 5.200 | 01-26-31 | 3,245,000 | 2,717,720 | |
Simpar Finance Sarl (A) | 10.750 | 02-12-28 | BRL | 30,765,000 | 4,847,561 |
Airlines 2.0% | |||||
American Airlines Group, Inc. (A)(B) | 5.000 | 06-01-22 | 8,485,000 | 8,506,213 | |
American Airlines, Inc. (A) | 5.500 | 04-20-26 | 9,940,000 | 10,173,988 | |
American Airlines, Inc. (A) | 5.750 | 04-20-29 | 8,095,000 | 8,275,680 | |
Delta Air Lines 2020-1 Class A Pass Through Trust | 2.500 | 06-10-28 | 5,221,348 | 5,112,495 | |
Delta Air Lines, Inc. | 2.900 | 10-28-24 | 7,330,000 | 7,237,239 | |
Delta Air Lines, Inc. (A) | 4.500 | 10-20-25 | 3,390,000 | 3,480,196 | |
Delta Air Lines, Inc. (A) | 4.750 | 10-20-28 | 33,248,000 | 34,675,213 | |
Delta Air Lines, Inc. | 7.375 | 01-15-26 | 1,655,000 | 1,857,489 | |
United Airlines 2020-1 Class A Pass Through Trust | 5.875 | 10-15-27 | 7,880,013 | 8,274,013 | |
Building products 0.1% | |||||
Johnson Controls International PLC | 0.375 | 09-15-27 | EUR | 2,590,000 | 2,775,885 |
Construction and engineering 0.2% | |||||
AECOM | 5.125 | 03-15-27 | 8,062,000 | 8,263,550 | |
Professional services 0.1% | |||||
CoStar Group, Inc. (A) | 2.800 | 07-15-30 | 5,780,000 | 5,505,908 | |
Road and rail 0.2% | |||||
Indian Railway Finance Corp., Ltd. (A) | 3.249 | 02-13-30 | 7,580,000 | 7,312,243 | |
Movida Europe SA (A) | 5.250 | 02-08-31 | 2,480,000 | 2,070,825 |
20 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Trading companies and distributors 0.5% | |||||
United Rentals North America, Inc. | 3.875 | 02-15-31 | 11,355,000 | $10,971,769 | |
United Rentals North America, Inc. | 4.000 | 07-15-30 | 7,265,000 | 7,155,734 | |
United Rentals North America, Inc. | 4.875 | 01-15-28 | 6,470,000 | 6,603,217 | |
Transportation infrastructure 0.1% | |||||
Adani Ports & Special Economic Zone, Ltd. (A) | 4.200 | 08-04-27 | 3,885,000 | 3,879,483 | |
Information technology 1.6% | 72,401,054 | ||||
IT services 0.9% | |||||
Block, Inc. (A) | 3.500 | 06-01-31 | 3,325,000 | 3,122,308 | |
Fidelity National Information Services, Inc. | 1.000 | 12-03-28 | EUR | 4,800,000 | 5,171,656 |
Fidelity National Information Services, Inc. | 1.500 | 05-21-27 | EUR | 9,625,000 | 10,858,830 |
Fiserv, Inc. | 1.125 | 07-01-27 | EUR | 3,495,000 | 3,903,677 |
Gartner, Inc. (A) | 3.750 | 10-01-30 | 5,220,000 | 5,078,016 | |
Twilio, Inc. | 3.625 | 03-15-29 | 4,795,000 | 4,593,035 | |
Twilio, Inc. | 3.875 | 03-15-31 | 6,440,000 | 6,046,355 | |
Semiconductors and semiconductor equipment 0.1% | |||||
SK Hynix, Inc. (A) | 1.500 | 01-19-26 | 4,935,000 | 4,709,026 | |
Software 0.0% | |||||
Ziff Davis, Inc. (A) | 4.625 | 10-15-30 | 3,090,000 | 2,972,549 | |
Technology hardware, storage and peripherals 0.6% | |||||
Apple, Inc. | 0.875 | 05-24-25 | EUR | 9,831,000 | 11,160,780 |
Atento Luxco 1 SA (A) | 8.000 | 02-10-26 | 4,968,000 | 5,044,497 | |
CDW LLC | 4.250 | 04-01-28 | 1,655,000 | 1,630,175 | |
Dell International LLC | 8.350 | 07-15-46 | 5,348,000 | 8,110,150 | |
Materials 5.1% | 227,974,058 | ||||
Chemicals 0.7% | |||||
Braskem Idesa SAPI (A) | 6.990 | 02-20-32 | 5,090,000 | 4,860,950 | |
Braskem Netherlands Finance BV (A) | 4.500 | 01-31-30 | 5,509,000 | 5,444,682 | |
Braskem Netherlands Finance BV (A)(B) | 5.875 | 01-31-50 | 6,055,000 | 6,033,626 | |
Ecolab, Inc. | 1.000 | 01-15-24 | EUR | 4,270,000 | 4,861,266 |
FS Luxembourg Sarl (A) | 10.000 | 12-15-25 | 8,820,000 | 9,128,788 | |
Construction materials 0.3% | |||||
Cemex SAB de CV (A) | 3.875 | 07-11-31 | 9,080,000 | 8,069,941 | |
St. Mary’s Cement, Inc. (A) | 5.750 | 01-28-27 | 7,505,000 | 8,124,238 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Containers and packaging 1.3% | |||||
Ardagh Metal Packaging Finance USA LLC (A) | 3.250 | 09-01-28 | 9,710,000 | $9,125,264 | |
Ball Corp. | 2.875 | 08-15-30 | 5,485,000 | 5,012,138 | |
Ball Corp. | 4.875 | 03-15-26 | 8,590,000 | 8,988,748 | |
Ball Corp. | 5.250 | 07-01-25 | 13,700,000 | 14,522,000 | |
Berry Global, Inc. (A) | 5.625 | 07-15-27 | 6,805,000 | 6,972,403 | |
Crown Americas LLC | 4.250 | 09-30-26 | 1,490,000 | 1,526,870 | |
Crown Cork & Seal Company, Inc. | 7.375 | 12-15-26 | 10,748,000 | 12,118,370 | |
Metals and mining 2.8% | |||||
ArcelorMittal SA | 4.550 | 03-11-26 | 995,000 | 1,045,131 | |
ArcelorMittal SA | 6.750 | 03-01-41 | 4,985,000 | 6,084,562 | |
ArcelorMittal SA | 7.000 | 10-15-39 | 1,275,000 | 1,552,308 | |
Cleveland-Cliffs, Inc. (A) | 4.625 | 03-01-29 | 14,925,000 | 14,402,625 | |
Cleveland-Cliffs, Inc. (A)(B) | 4.875 | 03-01-31 | 8,180,000 | 7,986,952 | |
FMG Resources August 2006 Proprietary, Ltd. (A) | 4.375 | 04-01-31 | 47,590,000 | 46,176,577 | |
Freeport-McMoRan, Inc. | 4.125 | 03-01-28 | 1,430,000 | 1,445,916 | |
Freeport-McMoRan, Inc. | 4.625 | 08-01-30 | 10,030,000 | 10,354,370 | |
Freeport-McMoRan, Inc. | 5.450 | 03-15-43 | 19,505,000 | 22,433,676 | |
Indonesia Asahan Aluminium Persero PT (A) | 4.750 | 05-15-25 | 11,455,000 | 11,702,657 | |
Real estate 1.4% | 59,864,469 | ||||
Equity real estate investment trusts 1.4% | |||||
American Tower Corp. | 0.500 | 01-15-28 | EUR | 2,845,000 | 2,958,530 |
American Tower Corp. | 1.950 | 05-22-26 | EUR | 3,650,000 | 4,178,291 |
Crown Castle International Corp. | 2.250 | 01-15-31 | 2,550,000 | 2,298,196 | |
Host Hotels & Resorts LP | 3.375 | 12-15-29 | 2,565,000 | 2,523,776 | |
Host Hotels & Resorts LP | 3.500 | 09-15-30 | 2,575,000 | 2,512,142 | |
SBA Communications Corp. | 3.125 | 02-01-29 | 9,770,000 | 9,074,376 | |
SBA Communications Corp. | 3.875 | 02-15-27 | 22,055,000 | 22,016,845 | |
VICI Properties LP (A) | 4.125 | 08-15-30 | 9,945,000 | 9,870,413 | |
VICI Properties LP (A) | 4.625 | 12-01-29 | 4,345,000 | 4,431,900 | |
Utilities 2.1% | 93,948,034 | ||||
Electric utilities 1.1% | |||||
Chile Electricity PEC SpA (A)(B)(E) | 5.333 | 01-25-28 | 2,925,000 | 2,142,563 | |
EDP Finance BV | 0.375 | 09-16-26 | EUR | 1,315,000 | 1,440,679 |
FirstEnergy Corp. | 4.400 | 07-15-27 | 9,045,000 | 9,367,907 | |
FirstEnergy Corp. | 7.375 | 11-15-31 | 12,300,000 | 15,400,584 | |
Israel Electric Corp., Ltd. (A) | 3.750 | 02-22-32 | 5,380,000 | 5,326,891 | |
Israel Electric Corp., Ltd. (A) | 6.875 | 06-21-23 | 4,565,000 | 4,830,690 |
22 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities (continued) | |||||
Electric utilities (continued) | |||||
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (A) | 4.125 | 05-15-27 | 12,660,000 | $12,961,308 | |
Independent power and renewable electricity producers 0.8% | |||||
Adani Green Energy UP, Ltd. (A) | 6.250 | 12-10-24 | 5,330,000 | 5,569,850 | |
Adani Green Energy, Ltd. (A) | 4.375 | 09-08-24 | 3,255,000 | 3,207,803 | |
DPL, Inc. | 4.125 | 07-01-25 | 13,920,000 | 13,850,400 | |
Greenko Dutch BV (A)(B) | 3.850 | 03-29-26 | 5,983,875 | 5,822,310 | |
Greenko Solar Mauritius, Ltd. (A) | 5.550 | 01-29-25 | 5,260,000 | 5,301,554 | |
The AES Corp. (A) | 3.950 | 07-15-30 | 1,650,000 | 1,683,330 | |
Multi-utilities 0.2% | |||||
E.ON SE | 0.375 | 09-29-27 | EUR | 3,200,000 | 3,488,841 |
Engie SA | 0.375 | 06-21-27 | EUR | 3,300,000 | 3,553,324 |
Convertible bonds 2.3% | $101,502,023 | ||||
(Cost $102,418,944) | |||||
Communication services 0.9% | 38,718,480 | ||||
Diversified telecommunication services 0.1% | |||||
Cellnex Telecom SA | 0.750 | 11-20-31 | EUR | 6,000,000 | 5,833,548 |
Media 0.8% | |||||
DISH Network Corp. | 3.375 | 08-15-26 | 5,520,000 | 5,006,640 | |
Liberty Broadband Corp. (A) | 1.250 | 09-30-50 | 12,375,000 | 11,972,813 | |
Liberty Broadband Corp. (A) | 2.750 | 09-30-50 | 8,550,000 | 8,590,706 | |
Liberty Media Corp. (A) | 0.500 | 12-01-50 | 5,085,000 | 7,314,773 | |
Consumer discretionary 0.2% | 8,047,747 | ||||
Specialty retail 0.2% | |||||
Burlington Stores, Inc. | 2.250 | 04-15-25 | 6,365,000 | 8,047,747 | |
Energy 0.1% | 5,938,621 | ||||
Oil, gas and consumable fuels 0.1% | |||||
BP Capital Markets PLC | 1.000 | 04-28-23 | GBP | 4,300,000 | 5,938,621 |
Industrials 1.1% | 48,797,175 | ||||
Airlines 0.9% | |||||
Air Canada | 4.000 | 07-01-25 | 5,160,000 | 7,451,040 | |
American Airlines Group, Inc. | 6.500 | 07-01-25 | 14,450,000 | 19,428,025 | |
Southwest Airlines Company | 1.250 | 05-01-25 | 9,450,000 | 12,629,925 | |
Road and rail 0.2% | |||||
Uber Technologies, Inc. (B)(E) | 2.436 | 12-15-25 | 10,190,000 | 9,288,185 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 23 |
Rate (%) | Maturity date | Par value^ | Value | ||
Capital preferred securities 0.1% | $5,986,892 | ||||
(Cost $6,274,064) | |||||
Financials 0.1% | 5,986,892 | ||||
Banks 0.1% | |||||
USB Capital IX (Greater of 3 month LIBOR + 1.020% or 3.500%) (C)(D) | 3.500 | 03-28-22 | 7,014,000 | 5,986,892 | |
Term loans (F) 9.3% | $413,136,880 | ||||
(Cost $416,572,045) | |||||
Communication services 1.0% | 46,157,069 | ||||
Entertainment 0.2% | |||||
WMG Acquisition Corp., 2021 Term Loan G (1 month LIBOR + 2.125%) | 2.334 | 01-20-28 | 9,805,000 | 9,685,477 | |
Media 0.5% | |||||
AP Core Holdings II LLC, Amortization Term Loan B1 (1 month LIBOR + 5.500%) | 6.250 | 09-01-27 | 7,440,813 | 7,403,608 | |
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) | 6.250 | 09-01-27 | 5,215,000 | 5,195,444 | |
Univision Communications, Inc., 2021 First Lien Term Loan B (1 month LIBOR + 3.250%) | 4.000 | 03-15-26 | 8,358,000 | 8,291,805 | |
Wireless telecommunication services 0.3% | |||||
SBA Senior Finance II LLC, 2018 Term Loan B (1 month LIBOR + 1.750%) | 1.960 | 04-11-25 | 15,822,021 | 15,580,735 | |
Consumer discretionary 2.9% | 128,236,919 | ||||
Diversified consumer services 0.3% | |||||
APX Group, Inc., 2021 Term Loan B (Prime rate + 2.500% and 1 month LIBOR + 3.500%) | 4.001 | 07-10-28 | 3,835,388 | 3,806,008 | |
Whatabrands LLC, 2021 Term Loan B (1 month LIBOR + 3.250%) | 3.750 | 08-03-28 | 8,383,000 | 8,270,919 | |
Hotels, restaurants and leisure 2.0% | |||||
Aramark Services, Inc., 2018 Term Loan B3 (1 month LIBOR + 1.750%) | 1.959 | 03-11-25 | 10,760,000 | 10,540,281 | |
Bally’s Corp., 2021 Term Loan B (6 month LIBOR + 3.250%) | 3.750 | 10-02-28 | 5,325,000 | 5,285,063 | |
Carnival Corp., 2021 Incremental Term Loan B (6 month LIBOR + 3.250%) | 4.000 | 10-18-28 | 5,020,000 | 4,957,250 | |
Carnival Corp., USD Term Loan B (3 month LIBOR + 3.000%) | 3.750 | 06-30-25 | 12,881,689 | 12,701,345 |
24 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Fertitta Entertainment LLC, 2022 Term Loan B (1 month SOFR + 4.000%) | 4.500 | 01-27-29 | 3,150,000 | $3,133,179 | |
Hilton Grand Vacations Borrower LLC, 2021 Term Loan B (1 month LIBOR + 3.000%) | 3.500 | 08-02-28 | 5,999,013 | 5,951,860 | |
Hilton Worldwide Finance LLC, 2019 Term Loan B2 (1 month LIBOR + 1.750%) | 1.937 | 06-22-26 | 8,560,000 | 8,422,698 | |
KFC Holding Company, 2021 Term Loan B (1 month LIBOR + 1.750%) | 1.887 | 03-15-28 | 14,328,516 | 14,272,492 | |
Marriott Ownership Resorts, Inc., 2019 Term Loan B (1 month LIBOR + 1.750%) | 1.959 | 08-29-25 | 8,170,000 | 8,004,558 | |
New Red Finance, Inc., Term Loan B4 (1 month LIBOR + 1.750%) | 1.959 | 11-19-26 | 16,672,931 | 16,343,641 | |
Household durables 0.2% | |||||
SOLIS IV BV, USD Term Loan B1 (G) | TBD | 02-25-29 | 7,515,000 | 7,397,616 | |
Specialty retail 0.4% | |||||
Burlington Coat Factory Warehouse Corp., 2021 Term Loan B6 (1 month LIBOR + 2.000%) | 2.210 | 06-24-28 | 9,731,100 | 9,637,876 | |
RH, Term Loan B (3 month LIBOR + 2.500%) | 3.000 | 10-20-28 | 9,624,938 | 9,512,133 | |
Energy 0.5% | 21,530,145 | ||||
Oil, gas and consumable fuels 0.5% | |||||
Pilot Travel Centers LLC, 2021 Term Loan B (1 month LIBOR + 2.000%) | 2.209 | 08-04-28 | 16,618,350 | 16,334,509 | |
Southwestern Energy Company, 2021 Term Loan (3 month SOFR + 2.500%) | 3.000 | 06-22-27 | 5,225,000 | 5,195,636 | |
Financials 0.3% | 11,588,223 | ||||
Insurance 0.3% | |||||
Asurion LLC, 2021 Second Lien Term Loan B4 (1 month LIBOR + 5.250%) | 5.459 | 01-20-29 | 6,760,000 | 6,675,500 | |
Asurion LLC, 2021 Term Loan B9 (1 month LIBOR + 3.250%) | 3.459 | 07-31-27 | 5,009,762 | 4,912,723 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 25 |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care 1.8% | $80,649,382 | ||||
Health care equipment and supplies 0.4% | |||||
Embecta Corp., Term Loan B (G) | TBD | 01-27-29 | 3,710,000 | 3,673,828 | |
Mozart Borrower LP, USD Term Loan B (1 month LIBOR + 3.250%) | 3.750 | 10-23-28 | 12,815,000 | 12,680,827 | |
Health care technology 0.1% | |||||
athenahealth, Inc., 2022 Term Loan B (3 month SOFR + 3.500%) | 4.000 | 02-15-29 | 2,806,000 | 2,777,239 | |
Life sciences tools and services 0.6% | |||||
Avantor Funding, Inc., 2021 Term Loan B5 (1 month LIBOR + 2.250%) | 2.750 | 11-08-27 | 15,974,963 | 15,803,871 | |
ICON Luxembourg Sarl, LUX Term Loan (3 month LIBOR + 2.250%) | 2.750 | 07-03-28 | 10,182,686 | 10,059,068 | |
ICON Luxembourg Sarl, US Term Loan (3 month LIBOR + 2.250%) | 2.750 | 07-03-28 | 2,537,106 | 2,506,306 | |
Pharmaceuticals 0.7% | |||||
Jazz Financing Lux Sarl, USD Term Loan (1 month LIBOR + 3.500%) | 4.000 | 05-05-28 | 12,850,425 | 12,792,598 | |
Organon & Company, USD Term Loan (3 month LIBOR + 3.000%) | 3.500 | 06-02-28 | 13,286,736 | 13,216,184 | |
Padagis LLC, Term Loan B (3 month LIBOR + 4.750%) | 5.250 | 07-06-28 | 7,193,412 | 7,139,461 | |
Industrials 2.1% | 94,991,704 | ||||
Air freight and logistics 0.1% | |||||
Worldwide Express, Inc., 2021 1st Lien Term Loan (6 month LIBOR + 4.250%) | 5.000 | 07-26-28 | 3,335,000 | 3,305,819 | |
Airlines 0.8% | |||||
Air Canada, 2021 Term Loan B (3 month LIBOR + 3.500%) | 4.250 | 08-11-28 | 11,490,000 | 11,407,961 | |
Mileage Plus Holdings LLC, 2020 Term Loan B (G) | TBD | 06-21-27 | 8,835,000 | 9,218,262 | |
United Airlines, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) | 4.500 | 04-21-28 | 16,555,982 | 16,445,554 | |
Building products 0.1% | |||||
JELD-WEN, Inc., 2021 Term Loan B (1 month LIBOR + 2.250%) | 2.459 | 07-28-28 | 3,512,350 | 3,491,276 |
26 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Commercial services and supplies 0.3% | |||||
Clean Harbors, Inc., 2021 Incremental Term Loan B (1 month LIBOR + 2.000%) | 2.209 | 10-08-28 | 5,030,000 | $5,011,138 | |
MillerKnoll, Inc., Term Loan B (1 month LIBOR + 2.000%) | 2.188 | 07-19-28 | 8,668,275 | 8,581,592 | |
Construction and engineering 0.3% | |||||
AECOM, 2021 Term Loan B (1 month LIBOR + 1.750%) | 1.959 | 04-13-28 | 13,869,811 | 13,835,136 | |
Machinery 0.1% | |||||
Brown Group Holding LLC, Term Loan B (3 month LIBOR + 2.500%) | 3.000 | 06-07-28 | 5,456,168 | 5,390,912 | |
Professional services 0.1% | |||||
Trans Union LLC, 2021 Term Loan B6 (1 month LIBOR + 2.000%) | 2.500 | 12-01-28 | 4,912,258 | 4,854,932 | |
Road and rail 0.2% | |||||
The Hertz Corp., 2021 Term Loan B (1 month LIBOR + 3.250%) | 3.750 | 06-30-28 | 7,306,484 | 7,269,075 | |
The Hertz Corp., 2021 Term Loan C (1 month LIBOR + 3.250%) | 3.750 | 06-30-28 | 1,383,850 | 1,376,765 | |
Trading companies and distributors 0.1% | |||||
Setanta Aircraft Leasing DAC, Term Loan B (3 month LIBOR + 2.000%) | 2.140 | 11-05-28 | 4,835,000 | 4,803,282 | |
Information technology 0.4% | 15,569,142 | ||||
IT services 0.1% | |||||
Sabre GLBL, Inc., 2021 Term Loan B1 (1 month LIBOR + 3.500%) | 4.000 | 12-17-27 | 1,599,343 | 1,575,753 | |
Sabre GLBL, Inc., 2021 Term Loan B2 (1 month LIBOR + 3.500%) | 4.000 | 12-17-27 | 2,549,538 | 2,511,933 | |
Software 0.3% | |||||
Cornerstone OnDemand, Inc., 2021 Term Loan (3 month LIBOR + 3.750%) | 4.250 | 10-16-28 | 3,670,000 | 3,631,025 | |
Quest Software, Inc., 2022 Term Loan (3 month SOFR + 4.250%) | 4.750 | 02-01-29 | 7,975,000 | 7,850,431 | |
Materials 0.3% | 14,414,296 | ||||
Chemicals 0.2% | |||||
SCIH Salt Holdings, Inc., 2021 Incremental Term Loan B (6 month LIBOR + 4.000%) | 4.750 | 03-16-27 | 9,311,372 | 9,160,062 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 27 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Construction materials 0.0% | |||||
Standard Industries, Inc., 2021 Term Loan B (3 month LIBOR + 2.500%) | 3.000 | 09-22-28 | 912,356 | $908,442 | |
Containers and packaging 0.1% | |||||
Pretium PKG Holdings, Inc., 2021 1st Lien Term Loan (3 month LIBOR + 4.000%) | 4.500 | 10-02-28 | 4,400,000 | 4,345,792 | |
Collateralized mortgage obligations 0.7% | $29,387,915 | ||||
(Cost $29,467,449) | |||||
Commercial and residential 0.7% | 29,387,915 | ||||
Arroyo Mortgage Trust | |||||
Series 2019-1, Class A1 (A)(H) | 3.805 | 01-25-49 | 5,287,117 | 5,234,304 | |
BX Commercial Mortgage Trust | |||||
Series 2019-XL, Class A (1 month LIBOR + 0.920%) (A)(D) | 1.111 | 10-15-36 | 15,762,917 | 15,693,775 | |
Series 2021-VOLT, Class A (1 month LIBOR + 0.700%) (A)(D) | 0.891 | 09-15-36 | 5,650,000 | 5,487,048 | |
CSMC Trust | |||||
Series 2019-NQM1, Class A1 (A) | 2.656 | 10-25-59 | 1,788,275 | 1,783,174 | |
HarborView Mortgage Loan Trust | |||||
Series 2007-3, Class ES IO (A) | 0.350 | 05-19-47 | 3,738,201 | 38,782 | |
Series 2007-4, Class ES IO | 0.350 | 07-19-47 | 3,955,394 | 52,189 | |
Series 2007-6, Class ES IO (A) | 0.343 | 08-19-37 | 4,040,148 | 56,672 | |
Morgan Stanley Mortgage Loan Trust | |||||
Series 2004-9, Class 1A (H) | 5.380 | 11-25-34 | 985,746 | 1,041,971 | |
Asset backed securities 1.0% | $44,467,879 | ||||
(Cost $43,821,870) | |||||
Asset backed securities 1.0% | 44,467,879 | ||||
DB Master Finance LLC | |||||
Series 2019-1A, Class A2II (A) | 4.021 | 05-20-49 | 5,708,625 | 5,820,457 | |
Domino’s Pizza Master Issuer LLC | |||||
Series 2015-1A, Class A2II (A) | 4.474 | 10-25-45 | 5,751,325 | 5,851,283 | |
FirstKey Homes Trust | |||||
Series 2020-SFR2, Class A (A) | 1.266 | 10-19-37 | 3,672,861 | 3,500,707 | |
Home Partners of America Trust | |||||
Series 2019-1, Class B (A) | 3.157 | 09-17-39 | 4,410,115 | 4,348,225 | |
Jack in the Box Funding LLC | |||||
Series 2019-1A, Class A2II (A) | 4.476 | 08-25-49 | 6,944,850 | 7,096,317 | |
MVW Owner Trust | |||||
Series 2018-1A, Class A (A) | 3.450 | 01-21-36 | 2,437,567 | 2,470,230 | |
Taco Bell Funding LLC | |||||
Series 2016-1A, Class A23 (A) | 4.970 | 05-25-46 | 14,897,100 | 15,380,660 | |
28 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Common stocks 2.9% | $128,658,244 | ||||
(Cost $154,936,137) | |||||
Communication services 0.0% | 0 | ||||
Media 0.0% | |||||
Vertis Holdings, Inc. (I)(J) | 110,794 | 0 | |||
Consumer discretionary 0.3% | 13,860,656 | ||||
Automobiles 0.3% | |||||
General Motors Company (J) | 296,675 | 13,860,656 | |||
Financials 1.4% | 60,633,997 | ||||
Banks 1.3% | |||||
Cadence Bank | 331,999 | 10,497,808 | |||
Credit Agricole SA | 695,120 | 8,854,678 | |||
First Citizens BancShares, Inc., Class A | 11,443 | 9,022,233 | |||
Societe Generale SA | 315,860 | 8,931,742 | |||
U.S. Bancorp | 313,939 | 17,750,111 | |||
Capital markets 0.1% | |||||
Credit Suisse Group AG, ADR (B) | 673,602 | 5,577,425 | |||
Industrials 0.7% | 31,983,390 | ||||
Aerospace and defense 0.5% | |||||
The Boeing Company (J) | 105,156 | 21,592,733 | |||
Airlines 0.2% | |||||
Delta Air Lines, Inc. (J) | 260,287 | 10,390,657 | |||
Real estate 0.2% | 9,981,122 | ||||
Equity real estate investment trusts 0.2% | |||||
Americold Realty Trust | 373,545 | 9,981,122 | |||
Utilities 0.3% | 12,199,079 | ||||
Multi-utilities 0.3% | |||||
Algonquin Power & Utilities Corp. | 264,450 | 12,199,079 | |||
Preferred securities 3.9% | $173,411,070 | ||||
(Cost $172,221,547) | |||||
Communication services 0.3% | 13,470,083 | ||||
Media 0.3% | |||||
2020 Cash Mandatory Exchangeable Trust, 5.250% (A) | 12,455 | 13,470,083 | |||
Financials 0.7% | 30,318,772 | ||||
Banks 0.5% | |||||
U.S. Bancorp (Greater of 3 month LIBOR + 1.020% or 3.500%), 3.500% (B)(D) | 12,425 | 10,486,700 | |||
Valley National Bancorp (5.500% to 9-30-22, then 3 month LIBOR + 3.578%) | 272,325 | 6,729,151 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 29 |
Shares | Value | ||||
Financials (continued) | |||||
Banks (continued) | |||||
Wells Fargo & Company (5.850% to 9-15-23, then 3 month LIBOR + 3.090%) | 228,245 | $5,829,377 | |||
Capital markets 0.2% | |||||
Stifel Financial Corp., 4.500% | 347,850 | 7,273,544 | |||
Health care 0.5% | 19,403,416 | ||||
Health care equipment and supplies 0.5% | |||||
Becton, Dickinson and Company, 6.000% (B) | 113,050 | 6,066,263 | |||
Danaher Corp., 5.000% | 8,740 | 13,337,153 | |||
Industrials 0.2% | 10,173,625 | ||||
Machinery 0.2% | |||||
Stanley Black & Decker, Inc., 5.250% (B) | 105,700 | 10,173,625 | |||
Information technology 0.4% | 18,594,409 | ||||
IT services 0.1% | |||||
Sabre Corp., 6.500% | 24,800 | 3,482,664 | |||
Semiconductors and semiconductorequipment 0.3% | |||||
Broadcom, Inc., 8.000% | 8,280 | 15,111,745 | |||
Utilities 1.8% | 81,450,765 | ||||
Electric utilities 1.5% | |||||
American Electric Power Company, Inc., 6.125% (B) | 288,950 | 15,175,654 | |||
NextEra Energy, Inc., 5.279% | 554,400 | 27,370,728 | |||
NextEra Energy, Inc., 6.219% | 183,350 | 9,185,835 | |||
The Southern Company, 6.750% | 336,250 | 17,101,675 | |||
Multi-utilities 0.3% | |||||
DTE Energy Company, 6.250% | 249,050 | 12,616,873 | |||
Contracts/ Notional amount | Value | ||||
Purchased options 0.0% | $33,933 | ||||
(Cost $1,489,423) | |||||
Puts 0.0% | 33,933 | ||||
Over the Counter Option on the USD vs. CAD (Expiration Date: 4-11-22; Strike Price: $1.22; Counterparty: Canadian Imperial Bank of Commerce) (J)(K) | 129,515,000 | 33,933 | |||
Yield (%) | Shares | Value | |||
Short-term investments 1.3% | $57,299,922 | ||||
(Cost $57,332,214) | |||||
Short-term funds 1.2% | 52,199,922 | ||||
John Hancock Collateral Trust (L) | 0.0896(M) | 5,219,209 | 52,199,922 |
30 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Par value^ | Value | ||||
Repurchase agreement 0.1% | 5,100,000 | ||||
Repurchase Agreement with State Street Corp. dated 2-28-22 at 0.000% to be repurchased at $5,100,000 on 3-1-22, collateralized by $5,295,900 U.S. Treasury Notes, 0.125% due 7-31-23 (valued at $5,202,081) | 5,100,000 | 5,100,000 |
Total investments (Cost $4,546,282,985) 98.9% | $4,394,579,914 | ||||
Other assets and liabilities, net 1.1% | 49,584,671 | ||||
Total net assets 100.0% | $4,444,164,585 |
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. | |
Currency Abbreviations | |
AUD | Australian Dollar |
BRL | Brazilian Real |
CAD | Canadian Dollar |
CNY | Chinese Yuan Renminbi |
COP | Colombian Peso |
EUR | Euro |
GBP | Pound Sterling |
IDR | Indonesian Rupiah |
INR | Indian Rupee |
JPY | Japanese Yen |
KRW | Korean Won |
MXN | Mexican Peso |
MYR | Malaysian Ringgit |
NOK | Norwegian Krone |
NZD | New Zealand Dollar |
PHP | Philippine Peso |
SGD | Singapore Dollar |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
CMT | Constant Maturity Treasury |
EURIBOR | Euro Interbank Offered Rate |
ICE | Intercontinental Exchange |
IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
LIBOR | London Interbank Offered Rate |
NIBOR | Norwegian Interbank Offered Rate |
SOFR | Secured Overnight Financing Rate |
SONIA | Sterling Overnight Interbank Average Rate |
(A) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $1,405,773,575 or 31.6% of the fund’s net assets as of 2-28-22. |
(B) | All or a portion of this security is on loan as of 2-28-22. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 31 |
(C) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(D) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(E) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
(F) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(G) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
(H) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(I) | 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. |
(J) | Non-income producing security. |
(K) | For this type of option, notional amounts are equivalent to number of contracts. |
(L) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(M) | The rate shown is the annualized seven-day yield as of 2-28-22. |
32 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
Euro-BTP Italian Government Bond Futures | 157 | Long | Mar 2022 | $24,568,898 | $24,847,510 | $278,612 |
10-Year U.S. Treasury Note Futures | 158 | Short | Jun 2022 | (19,969,479) | (20,135,125) | (165,646) |
German Euro BUND Futures | 232 | Short | Mar 2022 | (44,124,055) | (43,452,104) | 671,951 |
U.S. Treasury Long Bond Futures | 2,406 | Short | Jun 2022 | (372,118,012) | (376,990,125) | (4,872,113) |
Ultra U.S. Treasury Bond Futures | 81 | Short | Jun 2022 | (11,332,916) | (11,447,578) | (114,662) |
$(4,201,858) |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
AUD | 14,983,200 | USD | 10,639,271 | BARC | 3/16/2022 | $245,072 | — |
AUD | 17,856,873 | USD | 12,606,788 | CITI | 3/16/2022 | 365,096 | — |
AUD | 47,109,029 | USD | 33,764,843 | SSB | 3/16/2022 | 456,875 | — |
CAD | 21,687,695 | EUR | 15,077,500 | HUS | 3/16/2022 | 196,615 | — |
CAD | 52,196,675 | GBP | 30,322,500 | HUS | 3/16/2022 | 500,967 | — |
CAD | 19,158,910 | USD | 15,018,333 | BARC | 3/16/2022 | 98,152 | — |
CAD | 18,933,739 | USD | 15,075,833 | CITI | 3/16/2022 | — | $(137,010) |
CAD | 38,389,191 | USD | 30,036,667 | HUS | 3/16/2022 | 252,615 | — |
CAD | 19,198,014 | USD | 15,018,333 | JPM | 3/16/2022 | 129,004 | — |
CAD | 137,332,880 | USD | 108,522,976 | MSCS | 3/16/2022 | — | (166,582) |
CAD | 98,651,854 | USD | 78,029,951 | RBC | 3/16/2022 | — | (193,098) |
CAD | 12,648,445 | USD | 9,993,001 | SSB | 3/16/2022 | — | (13,309) |
CAD | 18,915,965 | USD | 15,075,833 | UBS | 3/16/2022 | — | (151,034) |
EUR | 15,077,500 | CAD | 21,399,541 | RBC | 3/16/2022 | 30,740 | — |
EUR | 30,185,000 | GBP | 25,227,295 | ANZ | 3/16/2022 | 17,385 | — |
EUR | 15,125,625 | SEK | 158,284,243 | CIBC | 3/16/2022 | 252,554 | — |
EUR | 59,649,717 | USD | 68,159,836 | BARC | 3/16/2022 | — | (1,240,212) |
EUR | 1,720,000 | USD | 1,936,367 | BMO | 3/16/2022 | — | (6,739) |
EUR | 21,525,700 | USD | 24,667,815 | CITI | 3/16/2022 | — | (518,635) |
EUR | 42,606,942 | USD | 48,683,181 | GSI | 3/16/2022 | — | (883,450) |
EUR | 51,433,171 | USD | 58,809,459 | HUS | 3/16/2022 | — | (1,107,789) |
EUR | 32,177,435 | USD | 36,763,698 | JPM | 3/16/2022 | — | (664,587) |
EUR | 12,667,664 | USD | 14,418,247 | SSB | 3/16/2022 | — | (206,690) |
GBP | 27,838,950 | USD | 37,807,965 | BARC | 3/16/2022 | — | (457,551) |
GBP | 12,685,397 | USD | 17,229,966 | CITI | 3/16/2022 | — | (210,472) |
GBP | 8,059,318 | USD | 10,965,718 | GSI | 3/16/2022 | — | (152,850) |
GBP | 19,000,000 | USD | 25,813,765 | HUS | 3/16/2022 | — | (322,218) |
GBP | 1,950,000 | USD | 2,612,676 | JPM | 3/16/2022 | 3,561 | — |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 33 |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
GBP | 11,666,879 | USD | 15,778,165 | MSCS | 3/16/2022 | — | $(125,176) |
GBP | 42,377,426 | USD | 57,352,790 | SSB | 3/16/2022 | — | (496,680) |
NZD | 15,274,435 | USD | 10,087,542 | ANZ | 3/16/2022 | $245,312 | — |
NZD | 16,032,997 | USD | 10,725,674 | BARC | 3/16/2022 | 120,332 | — |
SEK | 156,207,487 | EUR | 15,125,625 | BARC | 3/16/2022 | — | (471,882) |
SGD | 54,180,140 | USD | 40,179,772 | CIBC | 3/16/2022 | — | (218,688) |
SGD | 27,212,517 | USD | 20,179,528 | CITI | 3/16/2022 | — | (108,674) |
SGD | 53,018,935 | USD | 39,214,629 | GSI | 3/16/2022 | — | (110,002) |
SGD | 41,128,236 | USD | 30,395,617 | MSCS | 3/16/2022 | — | (61,089) |
SGD | 27,217,945 | USD | 20,179,528 | RBC | 3/16/2022 | — | (104,670) |
SGD | 13,621,421 | USD | 10,044,943 | SSB | 3/16/2022 | 1,667 | — |
SGD | 13,583,746 | USD | 10,044,943 | UBS | 3/16/2022 | — | (26,120) |
USD | 10,750,191 | AUD | 14,983,200 | ANZ | 3/16/2022 | — | (134,152) |
USD | 10,767,602 | AUD | 14,983,200 | BARC | 3/16/2022 | — | (116,741) |
USD | 10,761,534 | AUD | 14,983,200 | CIBC | 3/16/2022 | — | (122,810) |
USD | 12,794,521 | AUD | 17,843,356 | CITI | 3/16/2022 | — | (167,544) |
USD | 21,561,724 | AUD | 29,966,400 | GSI | 3/16/2022 | — | (206,962) |
USD | 32,354,817 | AUD | 44,949,600 | HUS | 3/16/2022 | — | (298,214) |
USD | 11,563,217 | AUD | 16,059,020 | MSCS | 3/16/2022 | — | (102,641) |
USD | 62,500,604 | AUD | 86,866,477 | RBC | 3/16/2022 | — | (602,374) |
USD | 21,556,357 | AUD | 29,966,400 | SSB | 3/16/2022 | — | (212,329) |
USD | 47,584,618 | BRL | 266,993,938 | CITI | 3/16/2022 | — | (4,066,101) |
USD | 25,772,438 | CAD | 32,554,444 | BARC | 3/16/2022 | 86,804 | — |
USD | 45,178,333 | CAD | 57,430,985 | CIBC | 3/16/2022 | — | (135,027) |
USD | 30,060,833 | CAD | 38,280,561 | HUS | 3/16/2022 | — | (142,739) |
USD | 45,173,781 | CAD | 57,452,416 | JPM | 3/16/2022 | — | (156,489) |
USD | 30,293,780 | CAD | 38,236,407 | RBC | 3/16/2022 | 125,046 | — |
USD | 60,369,165 | CAD | 76,826,058 | SSB | 3/16/2022 | — | (247,013) |
USD | 77,630,774 | CAD | 98,371,813 | UBS | 3/16/2022 | 14,876 | — |
USD | 23,762,970 | EUR | 21,267,257 | ANZ | 3/16/2022 | — | (96,269) |
USD | 12,096,140 | EUR | 10,633,629 | BARC | 3/16/2022 | 166,520 | — |
USD | 17,220,767 | EUR | 15,092,500 | CITI | 3/16/2022 | 288,844 | — |
USD | 24,054,119 | EUR | 21,267,257 | GSI | 3/16/2022 | 194,880 | — |
USD | 394,119,225 | EUR | 346,727,369 | MSCS | 3/16/2022 | 5,133,896 | — |
USD | 17,236,058 | EUR | 15,092,500 | RBC | 3/16/2022 | 304,135 | — |
USD | 35,913,331 | EUR | 31,900,886 | SSB | 3/16/2022 | 124,472 | — |
USD | 10,780,334 | GBP | 7,928,582 | BARC | 3/16/2022 | 142,870 | — |
USD | 204,879,700 | GBP | 150,459,262 | CIBC | 3/16/2022 | 3,014,480 | — |
USD | 10,800,314 | GBP | 7,928,582 | HUS | 3/16/2022 | 162,850 | — |
USD | 1,996,627 | GBP | 1,472,759 | SSB | 3/16/2022 | 20,684 | — |
USD | 38,836,911 | JPY | 4,480,226,872 | SCB | 3/16/2022 | — | (144,736) |
USD | 63,911,104 | MXN | 1,314,133,672 | UBS | 3/16/2022 | — | (103,351) |
34 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
USD | 58,310,276 | NOK | 513,193,536 | JPM | 3/16/2022 | $101,845 | — |
USD | 5,464,868 | NZD | 8,233,249 | ANZ | 3/16/2022 | — | $(104,762) |
USD | 54,409,471 | NZD | 80,455,290 | JPM | 3/16/2022 | — | (16,947) |
USD | 20,522,707 | NZD | 30,646,046 | RBC | 3/16/2022 | — | (208,739) |
USD | 16,463 | NZD | 24,292 | SSB | 3/16/2022 | 30 | — |
USD | 4,548,167 | SGD | 6,124,652 | ANZ | 3/16/2022 | 30,870 | — |
USD | 1,705,874 | SGD | 2,294,637 | JPM | 3/16/2022 | 13,442 | — |
USD | 164,299,325 | SGD | 222,022,853 | SSB | 3/16/2022 | 544,231 | — |
$13,386,722 | $(15,541,147) |
Derivatives Currency Abbreviations | |
AUD | Australian Dollar |
BRL | Brazilian Real |
CAD | Canadian Dollar |
EUR | Euro |
GBP | Pound Sterling |
JPY | Japanese Yen |
MXN | Mexican Peso |
NOK | Norwegian Krone |
NZD | New Zealand Dollar |
SEK | Swedish Krona |
SGD | Singapore Dollar |
USD | U.S. Dollar |
Derivatives Abbreviations | |
ANZ | Australia and New Zealand Banking Group Limited |
BARC | Barclays Bank PLC |
BMO | Bank of Montreal |
CIBC | Canadian Imperial Bank of Commerce |
CITI | Citibank, N.A. |
GSI | Goldman Sachs International |
HUS | HSBC Bank USA, N.A. |
JPM | JPMorgan Chase Bank, N.A. |
MSCS | Morgan Stanley Capital Services LLC |
OTC | Over-the-counter |
RBC | Royal Bank of Canada |
SCB | Standard Chartered Bank |
SSB | State Street Bank and Trust Company |
UBS | UBS AG |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 35 |
Assets | |
Unaffiliated investments, at value (Cost $4,494,050,771) including $50,951,627 of securities loaned | $4,342,379,992 |
Affiliated investments, at value (Cost $52,232,214) | 52,199,922 |
Total investments, at value (Cost $4,546,282,985) | 4,394,579,914 |
Unrealized appreciation on forward foreign currency contracts | 13,386,722 |
Cash | 1,199,699 |
Foreign currency, at value (Cost $6,490,560) | 6,472,499 |
Collateral held at broker for futures contracts | 11,451,412 |
Collateral segregated at custodian for OTC derivative contracts | 7,800,000 |
Dividends and interest receivable | 39,235,376 |
Receivable for fund shares sold | 63,744,083 |
Receivable for investments sold | 46,256,770 |
Receivable for securities lending income | 19,526 |
Other assets | 242,586 |
Total assets | 4,584,388,587 |
Liabilities | |
Unrealized depreciation on forward foreign currency contracts | 15,541,147 |
Payable for futures variation margin | 6,559,029 |
Distributions payable | 222,143 |
Payable for investments purchased | 57,338,876 |
Payable for fund shares repurchased | 6,809,710 |
Payable upon return of securities loaned | 52,225,134 |
Payable to affiliates | |
Accounting and legal services fees | 159,476 |
Transfer agent fees | 193,072 |
Distribution and service fees | 2,072 |
Trustees’ fees | 1,550 |
Other liabilities and accrued expenses | 1,171,793 |
Total liabilities | 140,224,002 |
Net assets | $4,444,164,585 |
Net assets consist of | |
Paid-in capital | $4,665,591,811 |
Total distributable earnings (loss) | (221,427,226) |
Net assets | $4,444,164,585 |
36 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Net asset value per share | |
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
Class A ($366,752,648 ÷ 34,231,270 shares)1 | $10.71 |
Class C ($60,237,250 ÷ 5,621,280 shares)1 | $10.72 |
Class I ($1,836,473,093 ÷ 171,396,527 shares) | $10.71 |
Class R2 ($5,551,135 ÷ 517,718 shares) | $10.72 |
Class R6 ($194,033,552 ÷ 18,095,978 shares) | $10.72 |
Class NAV ($1,981,116,907 ÷ 184,976,776 shares) | $10.71 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $11.16 |
1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
2 | On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 37 |
Investment income | |
Interest | $71,140,659 |
Dividends | 6,198,012 |
Securities lending | 89,153 |
Less foreign taxes withheld | (505,952) |
Total investment income | 76,921,872 |
Expenses | |
Investment management fees | 14,867,933 |
Distribution and service fees | 933,303 |
Accounting and legal services fees | 291,823 |
Transfer agent fees | 1,332,072 |
Trustees’ fees | 33,993 |
Custodian fees | 366,935 |
State registration fees | 103,363 |
Printing and postage | 96,699 |
Professional fees | 101,408 |
Other | 122,434 |
Total expenses | 18,249,963 |
Less expense reductions | (1,145,414) |
Net expenses | 17,104,549 |
Net investment income | 59,817,323 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 11,655,972 |
Affiliated investments | (9,132) |
Capital gain distributions received from affiliated investments | 13,759 |
Futures contracts | 23,763,425 |
Forward foreign currency contracts | 14,560,002 |
Written options | 1,801,812 |
51,785,838 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (298,926,733) |
Affiliated investments | (24,530) |
Futures contracts | (1,867,758) |
Forward foreign currency contracts | (7,598,648) |
Written options | (1,756,767) |
(310,174,436) | |
Net realized and unrealized loss | (258,388,598) |
Decrease in net assets from operations | $(198,571,275) |
38 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $59,817,323 | $116,059,841 |
Net realized gain | 51,785,838 | 200,808,204 |
Change in net unrealized appreciation (depreciation) | (310,174,436) | (38,646,753) |
Increase (decrease) in net assets resulting from operations | (198,571,275) | 278,221,292 |
Distributions to shareholders | ||
From earnings | ||
Class A | (5,825,140) | (8,739,583) |
Class C | (797,323) | (1,586,626) |
Class I | (31,881,857) | (50,118,857) |
Class R2 | (82,424) | (128,293) |
Class R6 | (3,648,681) | (6,064,777) |
Class NAV | (35,556,700) | (57,117,467) |
Total distributions | (77,792,125) | (123,755,603) |
From fund share transactions | (153,123,134) | 58,533,080 |
Total increase (decrease) | (429,486,534) | 212,998,769 |
Net assets | ||
Beginning of period | 4,873,651,119 | 4,660,652,350 |
End of period | $4,444,164,585 | $4,873,651,119 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 39 |
CLASS A SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.37 | $10.99 | $10.67 | $10.36 | $10.93 | $10.72 |
Net investment income2 | 0.12 | 0.24 | 0.25 | 0.32 | 0.32 | 0.29 |
Net realized and unrealized gain (loss) on investments | (0.61) | 0.40 | 0.28 | 0.30 | (0.55) | 0.17 |
Total from investment operations | (0.49) | 0.64 | 0.53 | 0.62 | (0.23) | 0.46 |
Less distributions | ||||||
From net investment income | (0.17) | (0.26) | (0.21) | (0.31) | (0.34) | (0.25) |
Net asset value, end of period | $10.71 | $11.37 | $10.99 | $10.67 | $10.36 | $10.93 |
Total return (%)3,4 | (4.37)5 | 5.88 | 5.01 | 6.10 | (2.28) | 4.44 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $367 | $396 | $332 | $331 | $429 | $543 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.106 | 1.10 | 1.12 | 1.11 | 1.09 | 1.10 |
Expenses including reductions | 1.056 | 1.07 | 1.09 | 1.08 | 1.06 | 1.07 |
Net investment income | 2.266 | 2.16 | 2.40 | 3.09 | 2.99 | 2.73 |
Portfolio turnover (%) | 14 | 71 | 73 | 84 | 63 | 42 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Annualized. |
40 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.37 | $10.99 | $10.67 | $10.36 | $10.93 | $10.72 |
Net investment income2 | 0.09 | 0.16 | 0.18 | 0.25 | 0.25 | 0.22 |
Net realized and unrealized gain (loss) on investments | (0.61) | 0.40 | 0.27 | 0.29 | (0.56) | 0.16 |
Total from investment operations | (0.52) | 0.56 | 0.45 | 0.54 | (0.31) | 0.38 |
Less distributions | ||||||
From net investment income | (0.13) | (0.18) | (0.13) | (0.23) | (0.26) | (0.17) |
Net asset value, end of period | $10.72 | $11.37 | $10.99 | $10.67 | $10.36 | $10.93 |
Total return (%)3,4 | (4.70)5 | 5.04 | 4.38 | 5.36 | (2.97) | 3.72 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $60 | $78 | $147 | $202 | $284 | $375 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.806 | 1.80 | 1.82 | 1.81 | 1.79 | 1.80 |
Expenses including reductions | 1.756 | 1.77 | 1.79 | 1.78 | 1.76 | 1.77 |
Net investment income | 1.546 | 1.42 | 1.71 | 2.40 | 2.29 | 2.07 |
Portfolio turnover (%) | 14 | 71 | 73 | 84 | 63 | 42 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Annualized. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 41 |
CLASS I SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.37 | $10.99 | $10.67 | $10.36 | $10.93 | $10.73 |
Net investment income2 | 0.14 | 0.28 | 0.29 | 0.35 | 0.35 | 0.33 |
Net realized and unrealized gain (loss) on investments | (0.62) | 0.40 | 0.27 | 0.30 | (0.55) | 0.15 |
Total from investment operations | (0.48) | 0.68 | 0.56 | 0.65 | (0.20) | 0.48 |
Less distributions | ||||||
From net investment income | (0.18) | (0.30) | (0.24) | (0.34) | (0.37) | (0.28) |
Net asset value, end of period | $10.71 | $11.37 | $10.99 | $10.67 | $10.36 | $10.93 |
Total return (%)3 | (4.23)4 | 6.10 | 5.42 | 6.41 | (2.00) | 4.67 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1,836 | $2,009 | $1,961 | $2,315 | $3,441 | $3,873 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.805 | 0.80 | 0.82 | 0.82 | 0.79 | 0.79 |
Expenses including reductions | 0.755 | 0.77 | 0.79 | 0.79 | 0.76 | 0.76 |
Net investment income | 2.555 | 2.45 | 2.70 | 3.38 | 3.28 | 3.10 |
Portfolio turnover (%) | 14 | 71 | 73 | 84 | 63 | 42 |
1 | Six months ended 2-28-22. 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. |
42 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R2 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.38 | $11.00 | $10.68 | $10.37 | $10.94 | $10.73 |
Net investment income2 | 0.12 | 0.23 | 0.25 | 0.31 | 0.31 | 0.29 |
Net realized and unrealized gain (loss) on investments | (0.62) | 0.40 | 0.27 | 0.30 | (0.55) | 0.16 |
Total from investment operations | (0.50) | 0.63 | 0.52 | 0.61 | (0.24) | 0.45 |
Less distributions | ||||||
From net investment income | (0.16) | (0.25) | (0.20) | (0.30) | (0.33) | (0.24) |
Net asset value, end of period | $10.72 | $11.38 | $11.00 | $10.68 | $10.37 | $10.94 |
Total return (%)3 | (4.39)4 | 5.79 | 4.92 | 6.01 | (2.36) | 4.32 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $6 | $6 | $6 | $12 | $16 | $19 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.165 | 1.19 | 1.19 | 1.19 | 1.19 | 1.20 |
Expenses including reductions | 1.115 | 1.16 | 1.17 | 1.17 | 1.16 | 1.17 |
Net investment income | 2.205 | 2.07 | 2.34 | 3.01 | 2.89 | 2.68 |
Portfolio turnover (%) | 14 | 71 | 73 | 84 | 63 | 42 |
1 | Six months ended 2-28-22. 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 Strategic Income Opportunities Fund | 43 |
CLASS R6 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.38 | $11.00 | $10.67 | $10.37 | $10.94 | $10.73 |
Net investment income2 | 0.15 | 0.29 | 0.30 | 0.37 | 0.36 | 0.35 |
Net realized and unrealized gain (loss) on investments | (0.62) | 0.40 | 0.28 | 0.28 | (0.55) | 0.15 |
Total from investment operations | (0.47) | 0.69 | 0.58 | 0.65 | (0.19) | 0.50 |
Less distributions | ||||||
From net investment income | (0.19) | (0.31) | (0.25) | (0.35) | (0.38) | (0.29) |
Net asset value, end of period | $10.72 | $11.38 | $11.00 | $10.67 | $10.37 | $10.94 |
Total return (%)3 | (4.17)4 | 6.30 | 5.54 | 6.42 | (1.89) | 4.87 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $194 | $226 | $232 | $543 | $1,464 | $998 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.705 | 0.70 | 0.70 | 0.70 | 0.69 | 0.69 |
Expenses including reductions | 0.655 | 0.67 | 0.68 | 0.68 | 0.66 | 0.66 |
Net investment income | 2.655 | 2.55 | 2.82 | 3.55 | 3.42 | 3.32 |
Portfolio turnover (%) | 14 | 71 | 73 | 84 | 63 | 42 |
1 | Six months ended 2-28-22. 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. |
44 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $11.37 | $10.99 | $10.66 | $10.36 | $10.93 | $10.72 |
Net investment income2 | 0.15 | 0.29 | 0.30 | 0.36 | 0.36 | 0.34 |
Net realized and unrealized gain (loss) on investments | (0.62) | 0.40 | 0.28 | 0.29 | (0.55) | 0.16 |
Total from investment operations | (0.47) | 0.69 | 0.58 | 0.65 | (0.19) | 0.50 |
Less distributions | ||||||
From net investment income | (0.19) | (0.31) | (0.25) | (0.35) | (0.38) | (0.29) |
Net asset value, end of period | $10.71 | $11.37 | $10.99 | $10.66 | $10.36 | $10.93 |
Total return (%)3 | (4.17)4 | 6.31 | 5.56 | 6.54 | (1.89) | 4.79 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $1,981 | $2,159 | $1,982 | $2,067 | $1,720 | $1,847 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.695 | 0.69 | 0.69 | 0.69 | 0.68 | 0.68 |
Expenses including reductions | 0.645 | 0.66 | 0.66 | 0.66 | 0.65 | 0.65 |
Net investment income | 2.675 | 2.57 | 2.83 | 3.45 | 3.41 | 3.20 |
Portfolio turnover (%) | 14 | 71 | 73 | 84 | 63 | 42 |
1 | Six months ended 2-28-22. 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 Strategic Income Opportunities Fund | 45 |
46 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $225,267,929 | — | $225,267,929 | — |
Foreign government obligations | 955,422,591 | — | 955,422,591 | — |
Corporate bonds | 2,260,004,636 | — | 2,260,004,636 | — |
Convertible bonds | 101,502,023 | — | 101,502,023 | — |
Capital preferred securities | 5,986,892 | — | 5,986,892 | — |
Term loans | 413,136,880 | — | 413,136,880 | — |
Collateralized mortgage obligations | 29,387,915 | — | 29,387,915 | — |
Asset backed securities | 44,467,879 | — | 44,467,879 | — |
Common stocks | 128,658,244 | $110,871,824 | 17,786,420 | — |
Preferred securities | 173,411,070 | 159,940,987 | 13,470,083 | — |
SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 47 |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Purchased options | $33,933 | — | $33,933 | — |
Short-term investments | 57,299,922 | $52,199,922 | 5,100,000 | — |
Total investments in securities | $4,394,579,914 | $323,012,733 | $4,071,567,181 | — |
Derivatives: | ||||
Assets | ||||
Futures | $950,563 | $950,563 | — | — |
Forward foreign currency contracts | 13,386,722 | — | $13,386,722 | — |
Liabilities | ||||
Futures | (5,152,421) | (5,152,421) | — | — |
Forward foreign currency contracts | (15,541,147) | — | (15,541,147) | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
48 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 49 |
50 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 51 |
52 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Interest rate | Receivable/payable for futures variation margin1 | Futures | $950,563 | $(5,152,421) |
Currency | Unrealized appreciation (depreciation) on forward foreign currency contracts | Forward foreign currency contracts | 13,386,722 | (15,541,147) |
Currency | Unaffiliated investments, at value2 | Purchased options | 33,933 | — |
$14,371,218 | $(20,693,568) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the period end variation margin receivable/payable is separately reported on the Statement of assets and liabilities. |
2 | Purchased options are included in Fund’s investments. |
Statement of operations location - Net realized gain (loss) on: | |||||
Risk | Unaffiliated investments and foreign currency transactions1 | Futures contracts | Forward foreign currency contracts | Written options | Total |
Interest rate | — | $23,763,425 | — | — | $23,763,425 |
Currency | $(1,244,334) | — | $14,560,002 | $1,801,812 | 15,117,480 |
Total | $(1,244,334) | $23,763,425 | $14,560,002 | $1,801,812 | $38,880,905 |
SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 53 |
1 | Realized gain (loss) associated with purchased options is included in this caption on the Statement of operations. |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |||||
Risk | Unaffiliated investments and translation of assets and liabilities in foreign currencies1 | Futures contracts | Forward foreign currency contracts | Written options | Total |
Interest rate | — | $(1,867,758) | — | — | $(1,867,758) |
Currency | $(353,501) | — | $(7,598,648) | $(1,756,767) | (9,708,916) |
Total | $(353,501) | $(1,867,758) | $(7,598,648) | $(1,756,767) | $(11,576,674) |
1 | Change in unrealized appreciation (depreciation) associated with purchased options is included in this caption on the Statement of operations. |
54 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT |
Class | Expense reduction |
Class A | $94,643 |
Class C | 16,894 |
Class I | 471,447 |
Class R2 | 1,366 |
Class | Expense reduction |
Class R6 | $52,381 |
Class NAV | 508,683 |
Total | $1,145,414 |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.30% | — |
Class C | 1.00% | — |
Class R2 | 0.25% | 0.25% |
SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 55 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $576,816 | $214,551 |
Class C | 343,645 | 38,364 |
Class I | — | 1,069,931 |
Class R2 | 12,842 | 234 |
Class R6 | — | 8,992 |
Total | $933,303 | $1,332,072 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $10,600,000 | 1 | 0.54% | $159 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 2,977,967 | $33,071,683 | 10,390,012 | $117,213,057 |
Distributions reinvested | 510,599 | 5,633,025 | 743,907 | 8,413,617 |
Repurchased | (4,056,414) | (44,701,948) | (6,579,606) | (74,328,915) |
Net increase (decrease) | (567,848) | $(5,997,240) | 4,554,313 | $51,297,759 |
56 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class C shares | ||||
Sold | 119,772 | $1,336,409 | 629,905 | $7,115,323 |
Distributions reinvested | 69,403 | 766,167 | 135,385 | 1,528,761 |
Repurchased | (1,406,486) | (15,636,075) | (7,336,553) | (82,617,698) |
Net decrease | (1,217,311) | $(13,533,499) | (6,571,263) | $(73,973,614) |
Class I shares | ||||
Sold | 23,636,059 | $260,475,211 | 47,372,958 | $535,296,737 |
Distributions reinvested | 2,787,329 | 30,757,930 | 4,277,578 | 48,337,200 |
Repurchased | (31,719,290) | (350,217,479) | (53,337,366) | (597,731,824) |
Net decrease | (5,295,902) | $(58,984,338) | (1,686,830) | $(14,097,887) |
Class R2 shares | ||||
Sold | 61,558 | $685,400 | 94,092 | $1,061,591 |
Distributions reinvested | 7,301 | 80,552 | 11,082 | 125,328 |
Repurchased | (35,390) | (391,383) | (164,275) | (1,838,769) |
Net increase (decrease) | 33,469 | $374,569 | (59,101) | $(651,850) |
Class R6 shares | ||||
Sold | 2,357,312 | $26,178,977 | 5,191,452 | $58,694,573 |
Distributions reinvested | 328,928 | 3,633,410 | 534,096 | 6,038,269 |
Repurchased | (4,450,037) | (49,409,466) | (6,974,882) | (78,799,326) |
Net decrease | (1,763,797) | $(19,597,079) | (1,249,334) | $(14,066,484) |
Class NAV shares | ||||
Sold | 2,203,445 | $24,617,151 | 14,252,748 | $161,275,955 |
Distributions reinvested | 3,224,409 | 35,556,700 | 5,055,706 | 57,117,467 |
Repurchased | (10,427,612) | (115,559,398) | (9,686,548) | (108,368,266) |
Net increase (decrease) | (4,999,758) | $(55,385,547) | 9,621,906 | $110,025,156 |
Total net increase (decrease) | (13,811,147) | $(153,123,134) | 4,609,691 | $58,533,080 |
SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 57 |
Portfolio | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 16.1% |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 7.1% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 5.5% |
John Hancock Funds II Multimanager Lifestyle Conservative Portfolio | 5.2% |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
John Hancock Collateral Trust* | 5,219,209 | $29,012,253 | $195,570,228 | $(172,348,897) | $(9,132) | $(24,530) | $89,153 | $13,759 | $52,199,922 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
58 | JOHN HANCOCK Strategic Income Opportunities Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 59 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Thomas C. Goggins
Daniel S. Janis III1
Bradley L. Lutz, CFA2
Kisoo Park
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
60 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | SEMIANNUAL REPORT |
GOVERNANCE FUNDS
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John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 1 |
2 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 3 |
COUNTRY COMPOSITION AS OF 2/28/2022 (% of net assets) | |
United States | 80.4 |
Luxembourg | 4.9 |
United Kingdom | 3.8 |
Netherlands | 2.1 |
France | 1.6 |
Cayman Islands | 1.6 |
Canada | 1.1 |
Other countries | 4.5 |
TOTAL | 100.0 |
4 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | ||||||
1-year | 5-year | 10-year | 6-month | 5-year | 10-year | as of 2-28-22 | as of 2-28-22 | ||
Class A | -0.34 | 2.57 | 3.02 | -2.10 | 13.55 | 34.62 | 3.46 | 3.38 | |
Class C | 0.44 | 2.30 | 2.54 | -0.97 | 12.07 | 28.54 | 2.79 | 2.71 | |
Class I1 | 2.43 | 3.31 | 3.57 | 0.49 | 17.69 | 42.08 | 3.78 | 3.72 | |
Class R61 | 2.55 | 3.44 | 3.66 | 0.55 | 18.45 | 43.32 | 3.89 | 3.82 | |
Class 11 | 2.50 | 3.41 | 3.66 | 0.53 | 18.23 | 43.26 | 3.85 | 3.78 | |
Class NAV1 | 2.54 | 3.45 | 3.70 | 0.55 | 18.50 | 43.80 | 3.89 | 3.83 | |
Index†† | 3.20 | 4.02 | 4.37 | 1.24 | 21.78 | 53.38 | — | — |
Class A | Class C | Class I | Class R6 | Class 1 | Class NAV | |
Gross (%) | 1.14 | 1.89 | 0.89 | 0.79 | 0.83 | 0.78 |
Net (%) | 1.02 | 1.77 | 0.79 | 0.68 | 0.72 | 0.68 |
SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 5 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C2 | 2-29-12 | 12,854 | 12,854 | 15,338 |
Class I1 | 2-29-12 | 14,208 | 14,208 | 15,338 |
Class R61 | 2-29-12 | 14,332 | 14,332 | 15,338 |
Class 11 | 2-29-12 | 14,326 | 14,326 | 15,338 |
Class NAV1 | 2-29-12 | 14,380 | 14,380 | 15,338 |
1 | For certain types of investors, as described in the fund’s prospectuses. |
2 | The contingent deferred sales charge is not applicable. |
6 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 7 |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,003.80 | $4.97 | 1.00% |
Hypothetical example | 1,000.00 | 1,019.80 | 5.01 | 1.00% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,000.10 | 8.68 | 1.75% |
Hypothetical example | 1,000.00 | 1,016.10 | 8.75 | 1.75% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,004.90 | 3.83 | 0.77% |
Hypothetical example | 1,000.00 | 1,021.00 | 3.86 | 0.77% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,005.50 | 3.28 | 0.66% |
Hypothetical example | 1,000.00 | 1,021.50 | 3.31 | 0.66% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,005.30 | 3.48 | 0.70% |
Hypothetical example | 1,000.00 | 1,021.30 | 3.51 | 0.70% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 1,005.50 | 3.28 | 0.66% |
Hypothetical example | 1,000.00 | 1,021.50 | 3.31 | 0.66% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
8 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
Term loans (A) 82.4% | $1,710,436,272 | ||||
(Cost $1,733,281,598) | |||||
Communication services 8.9% | 185,568,681 | ||||
Diversified telecommunication services 2.4% | |||||
Cablevision Lightpath LLC, Term Loan B (1 month LIBOR + 3.250%) | 3.750 | 11-30-27 | 2,599,346 | 2,572,052 | |
Cincinnati Bell, Inc., 2021 Term Loan B2 (3 month SOFR + 3.250%) | 3.750 | 11-22-28 | 1,511,099 | 1,494,099 | |
Connect Finco SARL, 2021 Term Loan B (1 month LIBOR + 3.500%) | 4.500 | 12-11-26 | 2,308,825 | 2,277,079 | |
Cyxtera DC Holdings, Inc., Incremental Term Loan (6 month LIBOR + 4.000%) | 5.000 | 05-01-24 | 1,116,883 | 1,100,130 | |
Cyxtera DC Holdings, Inc., Term Loan B (6 month LIBOR + 3.000%) | 4.000 | 05-01-24 | 11,221,508 | 11,059,245 | |
Frontier Communications Holdings LLC, 2021 DIP Term Loan B (3 month LIBOR + 3.750%) | 4.500 | 05-01-28 | 3,416,624 | 3,385,669 | |
Gridiron Fiber Corp., Term Loan (2 month LIBOR + 4.500%) | 5.250 | 10-04-28 | 2,849,920 | 2,802,726 | |
Intelsat Jackson Holdings SA, 2017 Term Loan B5 (B) | 0.000 | 01-02-24 | 16,071 | 15,825 | |
Level 3 Financing, Inc., 2019 Term Loan B (1 month LIBOR + 1.750%) | 1.959 | 03-01-27 | 4,498,066 | 4,387,234 | |
Lumen Technologies, Inc., Term Loan B (1 month LIBOR + 2.250%) | 2.459 | 03-15-27 | 3,465,403 | 3,371,178 | |
Metronet Systems Holdings LLC, 2021 1st Lien Term Loan (1 month LIBOR + 3.750%) | 4.500 | 06-02-28 | 4,342,479 | 4,293,627 | |
Telesat LLC, Term Loan B5 (1 month LIBOR + 2.750%) | 2.960 | 12-07-26 | 1,217,961 | 867,335 | |
Venga Finance Sarl, 2021 USD Term Loan B (C) | TBD | 12-04-28 | 4,873,859 | 4,730,714 | |
Zacapa LLC, 2022 Term Loan (C) | TBD | 02-10-29 | 2,932,042 | 2,912,808 | |
Zayo Group Holdings, Inc., USD Term Loan (1 month LIBOR + 3.000%) | 3.209 | 03-09-27 | 5,824,571 | 5,689,383 | |
Entertainment 0.6% | |||||
Playtika Holding Corp., 2021 Term Loan (1 month LIBOR + 2.750%) | 2.959 | 03-13-28 | 1,544,851 | 1,527,301 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 9 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Entertainment (continued) | |||||
Technicolor SA, 2020 EUR Delayed Draw Term Loan B2 (6 month EURIBOR + 6.000% or 6.000% PIK) | 6.000 | 06-30-24 | EUR | 350,477 | $412,621 |
Technicolor SA, 2020 EUR Super Senior Term Loan (3 month EURIBOR + 6.000% or 6.000% PIK) | 6.000 | 06-30-24 | EUR | 308,165 | 364,102 |
Technicolor SA, 2020 EUR Term Loan B1 (6 month EURIBOR + 3.000% or 3.000% PIK) | 3.000 | 12-31-24 | EUR | 254,436 | 276,491 |
Technicolor SA, 2020 USD Term Loan B2 (3 month LIBOR + 2.750% or 3.000% PIK) | 2.903 | 12-31-24 | 1,831,549 | 1,775,082 | |
Technicolor USA, Inc., 2020 PIK USD New Money Term Loan (6 month LIBOR + 6.000% or 6.000% PIK) | 6.446 | 06-30-24 | 92,969 | 96,339 | |
William Morris Endeavor Entertainment LLC, 2018 1st Lien Term Loan (1 month LIBOR + 2.750%) | 2.960 | 05-18-25 | 7,387,915 | 7,192,431 | |
Interactive media and services 1.3% | |||||
Arches Buyer, Inc., Refinancing Term Loan (1 month LIBOR + 3.250%) | 3.750 | 12-06-27 | 8,305,028 | 8,158,694 | |
Endurance International Group Holdings, Inc., Term Loan (3 month LIBOR + 3.500%) | 4.250 | 02-10-28 | 4,866,364 | 4,683,876 | |
Knot Worldwide, Inc., 1st Lien Term Loan (1 month LIBOR + 4.500%) | 4.605 | 12-19-25 | 88,812 | 88,590 | |
MH Sub I LLC, 2017 1st Lien Term Loan (1 month LIBOR + 3.500%) | 3.709 | 09-13-24 | 6,738,547 | 6,645,892 | |
MH Sub I LLC, 2020 Incremental Term Loan (1 month LIBOR + 3.750%) | 4.750 | 09-13-24 | 2,765,418 | 2,743,516 | |
WeddingWire, Inc., 2022 Term Loan (C) | TBD | 12-19-25 | 88,812 | 88,072 | |
ZoomInfo LLC, 2021 Term Loan B (1 month LIBOR + 3.000%) | 3.209 | 02-02-26 | 4,620,279 | 4,585,626 | |
Media 4.4% | |||||
CMI Marketing, Inc., 2021 1st Lien Term Loan B (1 month LIBOR + 4.250%) | 4.750 | 03-23-28 | 2,444,591 | 2,421,685 | |
Digital Media Solutions LLC, Term Loan B (1 month LIBOR + 4.750%) | 5.750 | 05-25-26 | 2,530,909 | 2,495,046 |
10 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Media (continued) | |||||
Hunter US Bidco, Inc., USD Term Loan B (3 month LIBOR + 4.250%) | 4.750 | 08-19-28 | 6,171,334 | $6,140,477 | |
Lorca Finco PLC, 2021 EUR Term Loan B2 (3 month EURIBOR + 3.750%) | 3.750 | 09-17-27 | EUR | 929,546 | 1,015,478 |
Lorca Finco PLC, EUR New Money Term Loan B2 (6 month EURIBOR + 4.250%) | 4.250 | 09-17-27 | EUR | 6,264,279 | 6,939,676 |
Magnite, Inc., Term Loan (6 month LIBOR + 5.000%) | 5.750 | 04-28-28 | 1,004,165 | 999,144 | |
Mediaocean LLC, 2021 Term Loan (1 month LIBOR + 3.500%) | 4.000 | 12-15-28 | 2,948,650 | 2,924,323 | |
National CineMedia LLC, 2018 Term Loan B (1 month LIBOR + 4.000%) | 5.000 | 06-20-25 | 380,342 | 342,403 | |
National CineMedia LLC, 2021 Incremental Term Loan (1 month LIBOR + 8.000%) | 9.000 | 12-20-24 | 157,912 | 149,227 | |
National Cinemedia LLC, 2022 Revolver (1 month SOFR + 8.114%) | 9.114 | 06-20-23 | 1,579,857 | 1,492,965 | |
Radiate Holdco LLC, 2021 Term Loan B (1 month LIBOR + 3.250%) | 4.000 | 09-25-26 | 9,071,263 | 8,964,494 | |
Recorded Books, Inc., 2021 Term Loan (1 month LIBOR + 4.000%) | 4.124 | 08-29-25 | 9,291,207 | 9,216,877 | |
Research Now Group LLC, 2017 1st Lien Term Loan (6 month LIBOR + 5.500%) | 6.500 | 12-20-24 | 13,255,471 | 12,973,792 | |
Research Now Group LLC, 2017 2nd Lien Term Loan (6 month LIBOR + 9.500%) | 10.500 | 12-20-25 | 629,484 | 616,505 | |
Telenet Financing USD LLC, 2020 USD Term Loan AR (1 month LIBOR + 2.000%) | 2.191 | 04-30-28 | 6,882,883 | 6,710,811 | |
Titan US Finco LLC, 2021 USD Term Loan (3 month LIBOR + 4.000%) | 4.500 | 10-18-28 | 3,571,637 | 3,549,314 | |
Trader Interactive LLC, 2021 Term Loan B (3 month LIBOR + 4.000%) | 4.500 | 07-28-28 | 1,231,408 | 1,219,094 | |
United Talent Agency LLC, Term Loan B (3 month LIBOR + 4.000%) | 4.750 | 07-07-28 | 5,055,168 | 5,029,892 | |
UPC Broadband Holding BV, 2020 EUR Term Loan AU (6 month EURIBOR + 2.500%) | 2.500 | 04-30-29 | EUR | 663,626 | 714,327 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Media (continued) | |||||
UPC Financing Partnership, 2020 USD Term Loan AT (1 month LIBOR + 2.250%) | 2.441 | 04-30-28 | 1,153,790 | $1,123,860 | |
UPC Financing Partnership, 2021 USD Term Loan AX (1 month LIBOR + 3.000%) | 3.191 | 01-31-29 | 2,104,677 | 2,076,264 | |
Virgin Media Bristol LLC, 2020 USD Term Loan Q (1 month LIBOR + 3.250%) | 3.441 | 01-31-29 | 8,046,999 | 7,969,908 | |
Virgin Media Ireland, Ltd., EUR Term Loan (3 month EURIBOR + 3.500%) | 3.500 | 07-15-29 | EUR | 2,900,851 | 3,162,774 |
WideOpenWest Finance LLC, 2021 Term Loan B (3 month SOFR + 3.000%) | 3.500 | 12-20-28 | 3,535,117 | 3,503,089 | |
Wireless telecommunication services 0.2% | |||||
Crown Subsea Communications Holding, Inc., 2021 Term Loan (1 month LIBOR + 4.750%) | 5.500 | 04-27-27 | 2,845,046 | 2,842,685 | |
Eagle Broadband Investments LLC, Term Loan (3 month LIBOR + 3.000%) | 3.750 | 11-12-27 | 1,389,282 | 1,376,834 | |
Consumer discretionary 14.8% | 306,528,137 | ||||
Auto components 0.2% | |||||
IXS Holdings, Inc., 2020 Term Loan B (3 month LIBOR + 4.250%) | 5.000 | 03-05-27 | 3,994,075 | 3,754,431 | |
Automobiles 1.1% | |||||
Constellation Automotive, Ltd., GBP 2nd Lien Term Loan B (6 month SONIA + 7.500%) | 7.944 | 07-30-29 | GBP | 1,063,679 | 1,415,039 |
Drive Chassis Holdco LLC, 2019 2nd Lien Term Loan (3 month LIBOR + 6.750%) | 6.988 | 04-10-26 | 7,667,447 | 7,654,642 | |
OEConnection LLC, 2019 Term Loan B (1 month LIBOR + 4.000%) | 4.105 | 09-25-26 | 4,747,045 | 4,663,972 | |
RVR Dealership Holdings LLC, Delayed Draw Term Loan (3 month LIBOR + 4.000%) | 4.750 | 02-08-28 | 90,995 | 89,459 | |
RVR Dealership Holdings LLC, Term Loan B (3 month LIBOR + 3.750%) | 4.500 | 02-08-28 | 4,748,153 | 4,668,051 | |
Thor Industries, Inc., 2021 EUR Term Loan (1 month EURIBOR + 3.000%) | 3.000 | 02-01-26 | EUR | 748,191 | 829,824 |
Thor Industries, Inc., 2021 USD Term Loan (1 month LIBOR + 3.000%) | 3.250 | 02-01-26 | 507,578 | 505,253 |
12 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Automobiles (continued) | |||||
Wheel Pros, Inc., 2021 Term Loan (1 month LIBOR + 4.500%) | 5.250 | 05-11-28 | 2,965,044 | $2,929,226 | |
Distributors 0.6% | |||||
Northwest Fiber LLC, 2021 Term Loan (1 month LIBOR + 3.750%) | 3.874 | 04-30-27 | 4,329,105 | 4,199,232 | |
Polyconcept North America Holdings, Inc., USD 2016 Term Loan B (3 month LIBOR + 4.500%) | 5.500 | 08-16-23 | 7,729,902 | 7,665,512 | |
Diversified consumer services 1.3% | |||||
Foundational Education Group, Inc., 1st Lien Term Loan (3 month LIBOR + 4.250%) | 4.750 | 08-31-28 | 3,976,390 | 3,961,479 | |
Midas Intermediate Holdco II LLC, 2020 Term Loan B (3 month LIBOR + 6.750%) | 8.500 | 12-22-25 | 9,072,973 | 8,416,362 | |
PCI Gaming Authority, Term Loan (1 month LIBOR + 2.500%) | 2.709 | 05-29-26 | 2,894,228 | 2,862,565 | |
Safe Fleet Holdings LLC, 2022 Term Loan (C) | TBD | 02-23-29 | 4,238,834 | 4,188,520 | |
Verisure Holding AB, 2020 EUR Term Loan B (6 month EURIBOR + 3.250%) | 3.250 | 07-20-26 | EUR | 1,706,977 | 1,857,601 |
Verisure Holding AB, 2021 EUR Term Loan (6 month EURIBOR + 3.250%) | 3.250 | 03-27-28 | EUR | 1,819,895 | 1,979,708 |
Whatabrands LLC, 2021 Term Loan B (1 month LIBOR + 3.250%) | 3.750 | 08-03-28 | 3,188,847 | 3,146,212 | |
Hotels, restaurants and leisure 6.0% | |||||
Aimbridge Acquisition Company, Inc., 2019 Term Loan B (1 month LIBOR + 3.750%) | 3.959 | 02-02-26 | 13,405,768 | 13,020,352 | |
Aimbridge Acquisition Company, Inc., 2020 Incremental Term Loan B (1 month LIBOR + 4.750%) | 5.500 | 02-02-26 | 113,691 | 112,507 | |
Aristocrat International Proprietary, Ltd., 2018 1st Lien Term Loan (3 month LIBOR + 1.750%) | 2.004 | 10-19-24 | 2,380,635 | 2,346,426 | |
Awaze, Ltd., 2018 EUR Term Loan B (6 month EURIBOR + 4.000%) | 4.000 | 04-30-25 | EUR | 4,000,000 | 4,460,690 |
Awaze, Ltd., EUR Incremental Term Loan B1 (6 month EURIBOR + 4.000%) | 4.000 | 05-09-25 | EUR | 698,925 | 779,422 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Bally’s Corp., 2021 Term Loan B (6 month LIBOR + 3.250%) | 3.750 | 10-02-28 | 3,769,231 | $3,740,962 | |
Caesars Resort Collection LLC, 2017 1st Lien Term Loan B (1 month LIBOR + 2.750%) | 2.959 | 12-23-24 | 6,556,375 | 6,482,616 | |
Caesars Resort Collection LLC, 2020 Term Loan B1 (1 month LIBOR + 3.500%) | 3.709 | 07-21-25 | 1,637,116 | 1,628,243 | |
Carrols Restaurant Group, Inc., Term Loan B (1 month LIBOR + 3.250%) | 3.440 | 04-30-26 | 2,400,951 | 2,325,177 | |
Compass III, Ltd., EUR Term Loan B2 (6 month EURIBOR + 4.000%) | 4.000 | 05-09-25 | EUR | 1,518,650 | 1,693,557 |
Global Business Travel Holdings, Ltd., 2018 Term Loan B (1 month LIBOR + 2.500%) | 2.709 | 08-13-25 | 4,831,217 | 4,511,149 | |
HNVR Holdco, Ltd., EUR Term Loan B (6 month EURIBOR + 4.250%) | 4.250 | 09-12-25 | EUR | 3,524,726 | 3,636,483 |
HNVR Holdco, Ltd., EUR Term Loan C (6 month EURIBOR + 4.500%) | 4.500 | 09-12-27 | EUR | 2,352,406 | 2,430,738 |
Hurtigruten Group AS, 2020 EUR Term Loan C (3 month EURIBOR + 8.000%) | 8.000 | 06-11-23 | EUR | 6,870,918 | 7,677,128 |
Hurtigruten Group AS, EUR Term Loan B (6 month EURIBOR + 4.000%) | 4.000 | 02-24-25 | EUR | 2,124,041 | 2,198,699 |
IRB Holding Corp., 2020 4th Amendment Incremental Term Loan (3 month LIBOR + 3.000%) | 4.000 | 12-15-27 | 2,904,257 | 2,873,762 | |
IRB Holding Corp., 2020 Term Loan B (6 month LIBOR + 2.750%) | 3.750 | 02-05-25 | 5,862,478 | 5,804,674 | |
Lakeland Holdings LLC, 2020 HoldCo Term Loan (0.000% Cash or 13.250% PIK) | 0.000 | 09-25-27 | 433,621 | 296,488 | |
Lakeland Tours LLC, 2020 Priority Exit PIK Term Loan (3 month LIBOR + 6.000% or 6.000% PIK) | 7.250 | 09-25-23 | 166,092 | 166,175 | |
Lakeland Tours LLC, 2020 Second Out Term Loan (3 month LIBOR + 1.500% or 6.000% PIK) | 2.750 | 09-25-25 | 320,757 | 308,087 | |
Lakeland Tours LLC, 2020 Third Out Term Loan (3 month LIBOR + 1.500% or 6.000% PIK) | 2.750 | 09-25-25 | 402,663 | 354,746 | |
New Red Finance, Inc., Term Loan B4 (1 month LIBOR + 1.750%) | 1.959 | 11-19-26 | 5,282,126 | 5,177,804 |
14 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Playa Resorts Holding BV, 2017 Term Loan B (1 month LIBOR + 2.750%) | 3.750 | 04-29-24 | 16,949,011 | $16,584,607 | |
Raptor Acquisition Corp., 2021 Term Loan (3 month LIBOR + 4.000%) | 4.750 | 11-01-26 | 2,800,542 | 2,790,040 | |
Scientific Games International, Inc., 2018 Term Loan B5 (1 month LIBOR + 2.750%) | 2.959 | 08-14-24 | 9,238,385 | 9,170,298 | |
SMG US Midco 2, Inc., 2020 Term Loan (1 and 3 month LIBOR + 2.500%) | 2.773 | 01-23-25 | 781,058 | 752,744 | |
Stars Group Holdings BV, 2018 EUR Incremental Term Loan (3 month EURIBOR + 2.500%) | 2.500 | 07-21-26 | EUR | 1,620,943 | 1,787,948 |
Travel Leaders Group LLC, 2018 Term Loan B (1 month LIBOR + 4.000%) | 4.209 | 01-25-24 | 14,999,964 | 14,103,716 | |
Vue International Bidco PLC, 2019 EUR Term Loan B (6 month EURIBOR + 4.750%) | 4.750 | 07-03-26 | EUR | 6,389,732 | 6,646,350 |
Household durables 0.2% | |||||
Keter Group BV, EUR Term Loan B (C) | TBD | 10-31-23 | EUR | 3,493,220 | 3,837,223 |
Sharp Midco LLC, 2021 Term Loan B (3 month LIBOR + 4.000%) | 4.500 | 12-31-28 | 1,309,347 | 1,299,527 | |
Leisure products 1.6% | |||||
19th Holdings Golf LLC, 2022 Term Loan B (3 month SOFR + 3.250%) | 3.750 | 02-07-29 | 3,732,775 | 3,686,115 | |
Abe Investment Holdings, Inc., 2019 EUR Term Loan B (3 month EURIBOR + 5.000%) | 5.000 | 02-19-26 | EUR | 1,854,055 | 2,075,615 |
Abe Investment Holdings, Inc., 2019 USD Term Loan B (1 month LIBOR + 4.500%) | 4.709 | 02-19-26 | 6,171,713 | 6,153,692 | |
ABG Intermediate Holdings 2 LLC, 2021 Delayed Draw Term Loan B (C) | TBD | 12-08-28 | 330,260 | 326,958 | |
ABG Intermediate Holdings 2 LLC, 2021 Term Loan B (3 month LIBOR + 3.250%) | 4.000 | 09-27-24 | 4,212,101 | 4,186,829 | |
ABG Intermediate Holdings 2 LLC, 2021 Term Loan B1 (C) | TBD | 12-21-28 | 434,315 | 429,972 | |
Amer Sports Holding Oy, EUR Term Loan B (3 month EURIBOR + 4.500%) | 4.500 | 03-30-26 | EUR | 4,291,351 | 4,773,568 |
Hayward Industries, Inc., 2021 Term Loan (1 month LIBOR + 2.500%) | 3.000 | 05-30-28 | 3,951,837 | 3,909,039 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Leisure products (continued) | |||||
J&J Ventures Gaming LLC, Term Loan (1 month LIBOR + 4.000%) | 4.750 | 04-26-28 | 1,698,451 | $1,688,905 | |
PlayPower, Inc., 2019 Term Loan (3 month LIBOR + 5.500%) | 5.718 | 05-08-26 | 3,530,376 | 3,365,614 | |
Recess Holdings, Inc., 2017 1st Lien Term Loan (3 and 6 month LIBOR + 3.750%) | 4.750 | 09-30-24 | 3,831,770 | 3,798,242 | |
Specialty retail 3.2% | |||||
Ascena Retail Group, Inc., 2015 Term Loan B (B) | 0.000 | 08-21-22 | 2,333,303 | 4,853 | |
CWGS Group LLC, 2021 Term Loan B (1 month LIBOR + 2.500%) | 3.271 | 06-03-28 | 5,855,554 | 5,757,942 | |
Eyemart Express LLC, 2021 Term Loan (1 month LIBOR + 3.000%) | 4.000 | 08-31-27 | 6,306,658 | 6,235,708 | |
Harbor Freight Tools USA, Inc., 2021 Term Loan B (1 month LIBOR + 2.750%) | 3.250 | 10-19-27 | 7,147,199 | 7,025,340 | |
Mattress Firm, Inc., 2021 Term Loan B (3 month LIBOR + 4.250%) | 5.000 | 09-25-28 | 4,073,661 | 4,031,662 | |
Mavis Tire Express Services Topco Corp., 2021 Term Loan B (1 month LIBOR + 4.000%) | 4.750 | 05-04-28 | 6,112,904 | 6,078,550 | |
Patagonia Bidco, Ltd., 2021 GBP Term Loan B (1 month SONIA + 4.750%) | 5.612 | 03-05-29 | GBP | 2,020,634 | 2,670,021 |
Patagonia Bidco, Ltd., 2021 GBP Term Loan B2 (1 month SONIA + 4.750%) | 5.612 | 03-05-29 | GBP | 367,388 | 485,458 |
Petco Health & Wellness Company, Inc., 2021 Term Loan B (3 month LIBOR + 3.250%) | 4.000 | 03-03-28 | 7,068,309 | 7,012,681 | |
Runner Buyer, Inc., 2021 Term Loan B (3 month LIBOR + 5.500%) | 6.250 | 10-20-28 | 4,045,496 | 3,924,131 | |
Specialty Building Products Holdings LLC, 2021 Term Loan B (1 month LIBOR + 3.750%) | 4.250 | 10-15-28 | 3,646,028 | 3,609,567 | |
SRS Distribution, Inc., 2021 Incremental Term Loan (C) | TBD | 06-02-28 | 631,317 | 621,582 | |
SRS Distribution, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) | 4.269 | 06-02-28 | 6,644,004 | 6,559,293 | |
SRS Distribution, Inc., 2022 Incremental Term Loan (3 month SOFR + 3.500%) | 4.000 | 06-02-28 | 631,317 | 621,582 |
16 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Specialty retail (continued) | |||||
Staples, Inc., 7 Year Term Loan (3 month LIBOR + 5.000%) | 5.317 | 04-16-26 | 3,325,673 | $3,150,044 | |
The Michaels Companies, Inc., 2021 Term Loan B (3 month LIBOR + 4.250%) | 5.000 | 04-15-28 | 5,231,264 | 4,853,462 | |
Winterfell Financing Sarl, EUR Term Loan B (3 month EURIBOR + 2.925%) | 2.925 | 05-04-28 | EUR | 2,973,402 | 3,232,708 |
Textiles, apparel and luxury goods 0.6% | |||||
Calceus Acquisition, Inc., Term Loan B (3 month LIBOR + 5.500%) | 6.008 | 02-12-25 | 2,514,326 | 2,206,321 | |
New Trojan Parent, Inc., Term Loan (3 month LIBOR + 3.250%) | 3.750 | 01-06-28 | 6,130,397 | 5,938,822 | |
Tory Burch LLC, Term Loan B (1 month LIBOR + 3.000%) | 3.500 | 04-16-28 | 4,394,350 | 4,328,435 | |
Consumer staples 2.8% | 57,987,404 | ||||
Beverages 0.4% | |||||
Refresco Holding BV, EUR Term Loan B1 (3 month EURIBOR + 2.750%) | 2.750 | 03-28-25 | EUR | 1,425,082 | 1,583,668 |
Refresco Holding BV, GBP Term Loan B2 (3 month GBP LIBOR + 3.500%) | 4.373 | 03-28-25 | GBP | 5,300,000 | 7,046,460 |
Food and staples retailing 0.9% | |||||
H-Food Holdings LLC, 2018 Term Loan B (1 month LIBOR + 3.688%) | 3.896 | 05-23-25 | 7,393,623 | 7,173,367 | |
L1R HB Finance, Ltd., GBP Term Loan B (3 month GBP LIBOR + 5.250%) | 5.511 | 09-02-24 | GBP | 11,000,000 | 12,242,586 |
Food products 0.8% | |||||
Biscuit Holding SASU, EUR Term Loan (6 month EURIBOR + 4.000%) | 4.000 | 02-15-27 | EUR | 5,131,117 | 5,461,516 |
CHG PPC Parent LLC, 2021 Term Loan (1 month LIBOR + 3.000%) | 3.500 | 12-08-28 | 3,476,333 | 3,372,043 | |
Froneri Lux FinCo SARL, 2020 EUR Term Loan B1 (6 month EURIBOR + 2.375%) | 2.375 | 01-29-27 | EUR | 1,752,602 | 1,874,710 |
Upfield BV, 2018 EUR Term Loan B1 (1 and 6 month EURIBOR + 3.500%) | 3.500 | 07-02-25 | EUR | 1,083,347 | 1,123,600 |
Upfield BV, 2018 GBP Term Loan B4 (6 month GBP LIBOR + 4.000%) | 4.105 | 07-02-25 | GBP | 3,000,000 | 3,667,327 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer staples (continued) | |||||
Household products 0.2% | |||||
Kronos Acquisition Holdings, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) | 4.250 | 12-22-26 | 3,371,392 | $3,109,637 | |
Spectrum Brands, Inc., 2021 Term Loan (1 month LIBOR + 2.000%) | 2.500 | 03-03-28 | 405,229 | 403,710 | |
Personal products 0.5% | |||||
Groupe Nocibe SASU, 2021 EUR Term Loan B4 (3 month EURIBOR + 5.500%) | 5.500 | 04-08-26 | EUR | 1,198,946 | 1,302,308 |
Kirk Beauty Netherlands BV, 2021 EUR Term Loan B2 (3 month EURIBOR + 5.500%) | 5.500 | 04-08-26 | EUR | 363,343 | 394,667 |
Kirk Beauty One GmbH, 2021 EUR Term Loan B1 (3 month EURIBOR + 5.500%) | 5.500 | 04-08-26 | EUR | 689,829 | 749,300 |
Nocibe France SAS, 2021 EUR Term Loan B5 (3 month EURIBOR + 5.500%) | 5.500 | 04-08-26 | EUR | 271,291 | 294,679 |
Parfuemerie Douglas International GmbH, 2021 EUR Term Loan B3 (3 month EURIBOR + 5.500%) | 5.500 | 04-08-26 | EUR | 393,336 | 427,246 |
Rainbow Finco SARL, GBP Term Loan B (C) | TBD | 01-31-29 | GBP | 4,489,878 | 5,944,149 |
Sunshine Luxembourg VII Sarl, 2021 Term Loan B3 (3 month LIBOR + 3.750%) | 4.500 | 10-01-26 | 1,827,616 | 1,816,431 | |
Energy 0.4% | 8,329,779 | ||||
Oil, gas and consumable fuels 0.4% | |||||
Delek US Holdings, Inc., 2018 Term Loan B (1 month LIBOR + 2.250%) | 2.459 | 03-31-25 | 2,297,473 | 2,236,843 | |
Northriver Midstream Finance LP, 2018 Term Loan B (3 month LIBOR + 3.250%) | 3.457 | 10-01-25 | 2,864,499 | 2,834,078 | |
Oryx Midstream Services Permian Basin LLC, Term Loan B (3 month LIBOR + 3.250%) | 3.750 | 10-05-28 | 3,270,187 | 3,239,251 | |
Quicksilver Resources, Inc., New 2nd Lien Term Loan (B)(D) | 0.000 | 06-21-22 | 19,606,608 | 19,607 | |
Financials 6.7% | 139,257,019 | ||||
Capital markets 1.3% | |||||
Astra Acquisition Corp., 2021 1st Lien Term Loan (1 month LIBOR + 5.250%) | 5.750 | 10-25-28 | 3,200,044 | 3,120,043 | |
Hightower Holding LLC, 2021 Term Loan B (3 month LIBOR + 4.000%) | 4.255 | 04-21-28 | 4,349,463 | 4,315,755 |
18 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Capital markets (continued) | |||||
Jane Street Group LLC, 2021 Term Loan (1 month LIBOR + 2.750%) | 2.959 | 01-26-28 | 8,263,110 | $8,152,054 | |
Jump Financial LLC, Term Loan B (3 month LIBOR + 3.500%) | 4.000 | 08-02-28 | 4,905,545 | 4,807,434 | |
Luna III Sarl, 2021 EUR Term Loan B (3 month EURIBOR + 4.750%) | 4.750 | 09-30-28 | EUR | 3,743,866 | 4,185,341 |
Sequa Mezzanine Holdings LLC, 2020 Extended Term Loan (3 month LIBOR + 6.750%) | 7.750 | 11-28-23 | 2,619,103 | 2,624,550 | |
Consumer finance 0.1% | |||||
Tegra118 Wealth Solutions, Inc., 2020 Term Loan B (3 month LIBOR + 4.000%) | 4.488 | 02-18-27 | 1,670,936 | 1,665,723 | |
Diversified financial services 3.0% | |||||
Advisor Group Holdings, Inc., 2021 Term Loan (1 month LIBOR + 4.500%) | 4.709 | 07-31-26 | 5,204,519 | 5,179,173 | |
Ascensus Holidngs, Inc., Term Loan (3 month LIBOR + 3.500%) | 4.000 | 08-02-28 | 15,778,243 | 15,561,292 | |
Citadel Securities LP, 2021 Term Loan B (1 month LIBOR + 2.500%) | 2.709 | 02-02-28 | 5,518,263 | 5,461,094 | |
CPC Acquisition Corp., 2nd Lien Term Loan (3 month LIBOR + 7.750%) | 8.500 | 12-29-28 | 1,623,176 | 1,590,713 | |
CPC Acquisition Corp., Term Loan (3 month LIBOR + 3.750%) | 4.500 | 12-29-27 | 3,133,927 | 3,024,239 | |
Cross Financial Corp., 2021 Term Loan B (3 month LIBOR + 4.000%) | 4.813 | 09-15-27 | 1,736,367 | 1,729,856 | |
Crown Finance US, Inc., 2018 USD Term Loan (6 month LIBOR + 2.500%) | 3.500 | 02-28-25 | 6,074,788 | 4,688,704 | |
Crown Finance US, Inc., 2020 Term Loan B1 (3 month LIBOR + 7.000% or 6.000% PIK) | 7.000 | 05-23-24 | 345,723 | 408,026 | |
Crown Finance US, Inc., 2021 Incremental Term Loan B1 (6 month LIBOR + 8.250%) | 9.250 | 05-23-24 | 386,814 | 410,023 | |
CTC Holdings LP, Term Loan B (3 month SOFR + 5.000%) | 5.527 | 02-15-29 | 2,318,917 | 2,307,322 | |
Cubic Corp., Term Loan B (3 month LIBOR + 4.250%) | 5.000 | 05-25-28 | 4,770,473 | 4,744,379 | |
Cubic Corp., Term Loan C (3 month LIBOR + 4.250%) | 5.000 | 05-25-28 | 970,266 | 964,958 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Diversified financial services (continued) | |||||
DRW Holdings LLC, 2021 Term Loan (1 month LIBOR + 3.750%) | 3.959 | 03-01-28 | 3,985,642 | $3,965,713 | |
Hudson River Trading LLC, 2021 Term Loan (1 month SOFR + 3.000%) | 3.171 | 03-20-28 | 5,238,409 | 5,140,188 | |
Marnix SAS, 2021 USD Term Loan (3 month LIBOR + 4.000%) | 4.500 | 08-04-28 | 2,415,167 | 2,396,039 | |
Nexus Buyer LLC, Term Loan B (1 month LIBOR + 3.750%) | 3.959 | 11-09-26 | 5,495,504 | 5,434,833 | |
Insurance 1.6% | |||||
Acrisure LLC, 2021 1st Lien Term Loan B (3 month LIBOR + 4.250%) | 4.750 | 02-15-27 | 545,163 | 539,373 | |
Alliant Holdings Intermediate LLC, 2018 Term Loan B (1 month LIBOR + 3.250%) | 3.459 | 05-09-25 | 6,106,494 | 6,033,216 | |
Alliant Holdings Intermediate LLC, 2021 Term Loan B4 (1 month LIBOR + 3.500%) | 4.000 | 11-06-27 | 2,003,601 | 1,984,406 | |
Alliant Holdings Intermediate LLC, Term Loan B (1 month LIBOR + 3.250%) | 3.459 | 05-09-25 | 1,008,980 | 996,186 | |
AmeriLife Holdings LLC, 2020 Term Loan (1 month LIBOR + 4.000%) | 4.106 | 03-18-27 | 8,071,612 | 7,990,896 | |
Asurion LLC, 2018 Term Loan B6 (1 month LIBOR + 3.125%) | 3.334 | 11-03-23 | 3,045,898 | 3,022,414 | |
Asurion LLC, 2021 Term Loan B9 (1 month LIBOR + 3.250%) | 3.459 | 07-31-27 | 585,389 | 574,050 | |
Baldwin Risk Partners LLC, 2021 Term Loan B (1 month LIBOR + 3.500%) | 4.000 | 10-14-27 | 6,519,367 | 6,433,833 | |
HUB International, Ltd., 2021 Term Loan B (3 month LIBOR + 3.250%) | 4.000 | 04-25-25 | 2,137,460 | 2,120,403 | |
The Ima Financial Group, Inc., Term Loan (1 month LIBOR + 3.750%) | 4.250 | 11-01-28 | 2,498,847 | 2,466,062 | |
Mortgage real estate investment trusts 0.7% | |||||
Apollo Commercial Real Estate Finance, Inc., 2021 Incremental Term Loan B1 (1 month LIBOR + 3.500%) | 4.000 | 03-11-28 | 4,224,022 | 4,181,781 | |
Apollo Commercial Real Estate Finance, Inc., Term Loan B (1 month LIBOR + 2.750%) | 2.959 | 05-15-26 | 523,719 | 509,317 | |
Claros Mortgage Trust, Inc., 2021 Term Loan B (1 month SOFR + 4.500%) | 5.000 | 08-09-26 | 7,357,370 | 7,320,584 |
20 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Mortgage real estate investment trusts (continued) | |||||
KREF Holdings X LLC, 2021 Term Loan (3 month LIBOR + 3.500%) | 4.000 | 09-01-27 | 1,580,019 | $1,564,218 | |
Starwood Property Mortgage LLC, 2021 Term Loan B2 (1 month LIBOR + 3.250%) | 4.000 | 07-26-26 | 1,651,083 | 1,642,828 | |
Health care 11.0% | 227,902,026 | ||||
Biotechnology 0.1% | |||||
Grifols Worldwide Operations USA, Inc., USD 2019 Term Loan B (1 month LIBOR + 2.000%) | 2.209 | 11-15-27 | 1,146,023 | 1,119,195 | |
Health care equipment and supplies 1.8% | |||||
Auris Luxembourg III Sarl, 2019 USD Term Loan B2 (1 month LIBOR + 3.750%) | 3.959 | 02-27-26 | 6,055,578 | 5,942,036 | |
Bayou Intermediate II LLC, Term Loan B (3 month LIBOR + 4.500%) | 5.250 | 08-02-28 | 1,700,550 | 1,698,425 | |
Embecta Corp., Term Loan B (C) | TBD | 01-27-29 | 1,516,096 | 1,501,314 | |
Gloves Buyer, Inc., 2021 Term Loan (1 month LIBOR + 4.000%) | 4.750 | 12-29-27 | 2,513,657 | 2,488,520 | |
Golden State Buyer, Inc., Term Loan (1 month LIBOR + 4.750%) | 5.500 | 06-21-26 | 6,534,599 | 6,461,085 | |
ICU Medical, Inc., Term Loan B (1 month SOFR + 2.500%) | 3.000 | 01-08-29 | 1,862,596 | 1,850,955 | |
Mozart Borrower LP, USD Term Loan B (1 month LIBOR + 3.250%) | 3.750 | 10-23-28 | 6,240,090 | 6,174,756 | |
Ortho-Clinical Diagnostics SA, 2018 Term Loan B (1 month LIBOR + 3.000%) | 3.113 | 06-30-25 | 3,441,033 | 3,420,249 | |
Ortho-Clinical Diagnostics SA, EUR Term Loan B (3 month EURIBOR + 3.500%) | 3.500 | 06-30-25 | EUR | 3,208,686 | 3,575,253 |
TecoStar Holdings, Inc., 2017 Repriced Term Loan (3 month LIBOR + 3.500%) | 4.500 | 05-01-24 | 4,205,300 | 4,010,174 | |
Health care providers and services 4.7% | |||||
AHP Health Partners, Inc., 2021 Term Loan B (1 month LIBOR + 3.500%) | 4.000 | 08-24-28 | 4,948,539 | 4,916,076 | |
Confluent Health LLC, 2021 Delayed Draw Term Loan (3 month LIBOR + 4.000%) | 4.500 | 11-30-28 | 354,278 | 350,292 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care (continued) | |||||
Health care providers and services (continued) | |||||
Confluent Health LLC, 2021 Term Loan B (1 month LIBOR + 4.000%) | 4.500 | 11-30-28 | 5,412,337 | $5,351,448 | |
Confluent Medical Technologies, Inc., Term Loan (3 month SOFR + 3.750%) | 4.250 | 02-09-29 | 2,020,585 | 2,000,379 | |
ENC Parent Corp., 2021 Term Loan (3 month LIBOR + 4.250%) | 5.000 | 08-04-28 | 2,663,377 | 2,620,097 | |
Ensemble RCM LLC, Term Loan (3 month LIBOR + 3.750%) | 4.049 | 08-03-26 | 4,815,005 | 4,790,930 | |
Envision Healthcare Corp., 2018 1st Lien Term Loan (1 month LIBOR + 3.750%) | 3.959 | 10-10-25 | 4,326,355 | 3,136,953 | |
eResearchTechnology, Inc., 2020 1st Lien Term Loan (1 month LIBOR + 4.500%) | 5.500 | 02-04-27 | 6,752,338 | 6,737,888 | |
Genesiscare USA Holdings, Inc., 2020 EUR Term Loan B4 (3 month EURIBOR + 4.750%) | 4.750 | 05-14-27 | EUR | 1,782,202 | 1,759,757 |
Genesiscare USA Holdings, Inc., 2020 USD Term Loan B5 (3 month LIBOR + 5.000%) | 6.000 | 05-14-27 | 3,447,112 | 3,095,507 | |
Mamba Purchaser, Inc., 2021 Term Loan (1 month LIBOR + 3.750%) | 4.250 | 10-16-28 | 1,027,531 | 1,017,255 | |
MED ParentCo LP, 1st Lien Term Loan (1 month LIBOR + 4.250%) | 4.459 | 08-31-26 | 6,324,653 | 6,270,450 | |
National Mentor Holdings, Inc., 2021 2nd Lien Term Loan (3 month LIBOR + 7.250%) | 8.000 | 03-02-29 | 2,136,611 | 2,128,599 | |
National Mentor Holdings, Inc., 2021 Term Loan (3 month LIBOR + 3.750%) | 4.500 | 03-02-28 | 9,596,409 | 9,391,142 | |
National Mentor Holdings, Inc., 2021 Term Loan C (3 month LIBOR + 3.750%) | 4.500 | 03-02-28 | 270,576 | 264,789 | |
Option Care Health, Inc., 2021 Term Loan B (1 month LIBOR + 2.750%) | 3.250 | 10-27-28 | 1,471,106 | 1,458,234 | |
Pathway Vet Alliance LLC, 2021 Term Loan (1 month LIBOR + 3.750%) | 3.959 | 03-31-27 | 4,611,520 | 4,567,710 | |
Pediatric Associates Holding Company LLC, 2021 Term Loan B (3 month LIBOR + 3.250%) | 3.750 | 12-29-28 | 1,392,353 | 1,380,170 | |
PetVet Care Centers LLC, 2018 Incremental Term Loan (1 month LIBOR + 3.250%) | 3.355 | 02-14-25 | 995,765 | 984,562 |
22 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care (continued) | |||||
Health care providers and services (continued) | |||||
PetVet Care Centers LLC, 2021 Term Loan B3 (1 month LIBOR + 3.500%) | 4.250 | 02-14-25 | 1,883,156 | $1,868,562 | |
Phoenix Newco, Inc., 2021 1st Lien Term Loan (1 month LIBOR + 3.500%) | 4.000 | 11-15-28 | 6,199,996 | 6,145,746 | |
Precision Medicine Group LLC, 2021 Term Loan (3 month LIBOR + 3.000%) | 3.750 | 11-18-27 | 6,260,168 | 6,145,419 | |
Radnet Management, Inc., 2021 Term Loan (Prime rate + 2.000% and 3 month LIBOR + 3.000%) | 3.754 | 04-21-28 | 1,547,408 | 1,532,769 | |
Select Medical Corp., 2017 Term Loan B (1 month LIBOR + 2.250%) | 2.460 | 03-06-25 | 2,311,885 | 2,276,235 | |
Team Health Holdings, Inc., 1st Lien Term Loan (1 month LIBOR + 2.750%) | 3.750 | 02-06-24 | 3,518,107 | 3,350,997 | |
Upstream Newco, Inc., 2021 Term Loan (1 month LIBOR + 4.250%) | 4.459 | 11-20-26 | 4,944,167 | 4,907,086 | |
US Radiology Specialists, Inc., 2020 Term Loan (3 month LIBOR + 5.250%) | 5.750 | 12-15-27 | 2,287,358 | 2,271,164 | |
VetCor Professional Practices LLC, 2018 1st Lien Term Loan (3 month LIBOR + 3.000%) | 3.804 | 07-02-25 | 4,029,286 | 3,973,883 | |
WCG Purchaser Corp., 2019 Term Loan (3 month LIBOR + 4.000%) | 5.000 | 01-08-27 | 2,650,776 | 2,635,879 | |
Health care technology 0.7% | |||||
CAB SELAS, 2021 EUR Term Loan B (C) | TBD | 01-28-28 | EUR | 3,855,312 | 4,132,566 |
Change Healthcare Holdings LLC, 2017 Term Loan B (1 month LIBOR + 2.500%) | 3.500 | 03-01-24 | 5,312,184 | 5,278,982 | |
GHX Ultimate Parent Corp., 2017 1st Lien Term Loan (3 month LIBOR + 3.250%) | 4.250 | 06-28-24 | 4,518,958 | 4,483,168 | |
Imprivata, Inc., Term Loan (3 month LIBOR + 3.500%) | 4.000 | 12-01-27 | 1,041,681 | 1,034,952 | |
Life sciences tools and services 0.4% | |||||
ICON Luxembourg Sarl, LUX Term Loan (3 month LIBOR + 2.250%) | 2.750 | 07-03-28 | 2,839,481 | 2,805,009 | |
ICON Luxembourg Sarl, US Term Loan (3 month LIBOR + 2.250%) | 2.750 | 07-03-28 | 707,458 | 698,870 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 23 |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care (continued) | |||||
Life sciences tools and services (continued) | |||||
Maravai Intermediate Holdings LLC, 2020 Term Loan B (3 month SOFR + 3.750%) | 4.750 | 10-19-27 | 920,688 | $913,212 | |
Packaging Coordinators Midco, Inc., 2020 1st Lien Term Loan (3 month LIBOR + 3.750%) | 4.500 | 11-30-27 | 5,031,868 | 4,999,161 | |
Pharmaceuticals 3.3% | |||||
AI Sirona Luxembourg Acquisition Sarl, 2021 EUR Term Loan B (1 month EURIBOR + 3.500%) | 3.500 | 09-29-25 | EUR | 2,440,813 | 2,672,912 |
Amneal Pharmaceuticals LLC, 2018 Term Loan B (1 month LIBOR + 3.500%) | 3.750 | 05-04-25 | 12,287,292 | 12,035,402 | |
Bausch Health Americas, Inc., 2018 Term Loan B (1 month LIBOR + 3.000%) | 3.209 | 06-02-25 | 8,177,689 | 8,090,842 | |
Bausch Health Companies, Inc., 2022 Term Loan B (C) | TBD | 01-27-27 | 7,078,845 | 6,996,235 | |
Curium Bidco Sarl, 2020 USD 2nd Lien Term Loan (3 month LIBOR + 7.750%) | 8.500 | 10-27-28 | 1,887,300 | 1,884,940 | |
Curium Bidco Sarl, 2020 USD Term Loan (3 month LIBOR + 4.250%) | 5.000 | 12-02-27 | 1,537,758 | 1,523,349 | |
Curium Bidco Sarl, USD Term Loan B (3 month LIBOR + 4.000%) | 4.224 | 07-09-26 | 2,493,036 | 2,468,106 | |
Endo Luxembourg Finance Company I Sarl, 2021 Term Loan (3 month LIBOR + 5.000%) | 5.750 | 03-27-28 | 12,428,443 | 11,990,589 | |
Horizon Therapeutics USA, Inc., 2021 Term Loan B2 (1 month LIBOR + 2.000%) | 2.250 | 03-15-28 | 1,554,030 | 1,531,372 | |
Jazz Financing Lux Sarl, USD Term Loan (1 month LIBOR + 3.500%) | 4.000 | 05-05-28 | 2,892,330 | 2,879,314 | |
LSCS Holdings, Inc., 2021 1st Lien Term Loan (3 month LIBOR + 4.500%) | 5.000 | 12-18-28 | 3,742,303 | 3,717,342 | |
McAfee LLC, 2018 USD Term Loan B (Prime rate + 2.750%) | 6.000 | 09-30-24 | 4,229,287 | 4,218,037 | |
Organon & Company, USD Term Loan (3 month LIBOR + 3.000%) | 3.500 | 06-02-28 | 4,744,675 | 4,719,481 | |
Padagis LLC, Term Loan B (3 month LIBOR + 4.750%) | 5.250 | 07-06-28 | 3,280,852 | 3,256,245 |
24 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials 13.2% | $274,997,349 | ||||
Aerospace and defense 1.9% | |||||
AI Convoy Luxembourg Sarl, 2021 Term Loan B1 (3 month LIBOR + 3.500%) | 4.500 | 01-18-27 | 1,070,893 | 1,064,200 | |
Bleriot US Bidco, Inc., 2021 Term Loan B (3 month LIBOR + 4.000%) | 4.224 | 10-31-26 | 2,129,122 | 2,116,475 | |
Cobham Ultra US Co-Borrower LLC, USD Term Loan B (C) | TBD | 11-16-28 | 2,486,974 | 2,465,835 | |
Jazz Acquisition, Inc., 2019 1st Lien Term Loan (1 month LIBOR + 4.250%) | 4.460 | 06-19-26 | 3,829,935 | 3,719,825 | |
Spirit AeroSystems, Inc., 2021 Term Loan B (1 month LIBOR + 3.750%) | 4.250 | 01-15-25 | 1,115,134 | 1,109,558 | |
Standard Aero, Ltd., 2020 CAD Term Loan B2 (3 month LIBOR + 3.500%) | 3.724 | 04-06-26 | 3,058,293 | 2,960,611 | |
The NORDAM Group, Inc., Term Loan B (1 month LIBOR + 5.500%) | 5.750 | 04-09-26 | 2,017,371 | 1,778,655 | |
TransDigm, Inc., 2020 Term Loan E (1 month LIBOR + 2.250%) | 2.459 | 05-30-25 | 936,020 | 919,013 | |
TransDigm, Inc., 2020 Term Loan F (1 month LIBOR + 2.250%) | 2.459 | 12-09-25 | 504,600 | 495,578 | |
TransDigm, Inc., 2020 Term Loan G (1 month LIBOR + 2.250%) | 2.459 | 08-22-24 | 3,061,923 | 3,012,871 | |
Vertex Aerospace Services Corp., 2021 First Lien Term Loan (1 month LIBOR + 4.000%) | 4.750 | 12-06-28 | 3,518,890 | 3,491,020 | |
WP CPP Holdings LLC, 2018 Term Loan (1 and 3 month LIBOR + 3.750%) | 4.750 | 04-30-25 | 16,204,944 | 15,561,770 | |
Air freight and logistics 0.7% | |||||
AIT Worldwide Logistics Holdings, Inc., 2021 Term Loan (3 month LIBOR + 4.750%) | 5.500 | 04-06-28 | 3,743,931 | 3,711,172 | |
Bahia De Las Isletas SL, 2021 EUR Term Loan C (1 month EURIBOR + 2.500% or 7.500% PIK) (D) | 2.500 | 12-31-22 | EUR | 368,491 | 442,092 |
First Student Bidco, Inc., Term Loan B (3 month LIBOR + 3.000%) | 3.500 | 07-21-28 | 3,768,701 | 3,713,339 | |
First Student Bidco, Inc., Term Loan C (3 month LIBOR + 3.000%) | 3.500 | 07-21-28 | 1,391,131 | 1,370,695 | |
Worldwide Express, Inc., 2021 1st Lien Term Loan (6 month LIBOR + 4.250%) | 5.000 | 07-26-28 | 4,670,911 | 4,630,040 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 25 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Airlines 0.2% | |||||
Air Canada, 2021 Term Loan B (3 month LIBOR + 3.500%) | 4.250 | 08-11-28 | 1,979,286 | $1,965,154 | |
United Airlines, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) | 4.500 | 04-21-28 | 2,526,649 | 2,509,796 | |
Building products 1.8% | |||||
Cornerstone Building Brands, Inc., 2021 Term Loan B (1 month LIBOR + 3.250%) | 3.750 | 04-12-28 | 2,926,287 | 2,853,130 | |
CPG International LLC, 2017 Term Loan (3 month LIBOR + 2.500%) | 3.250 | 05-05-24 | 4,329,221 | 4,309,739 | |
East West Manufacturing LLC, Term Loan B (3 month SOFR + 5.750%) | 5.799 | 02-14-29 | 1,963,176 | 1,943,544 | |
Icebox Holdco III, Inc., 2021 1st Lien Term Loan (3 month LIBOR + 3.750%) | 4.250 | 12-16-28 | 4,306,412 | 4,266,922 | |
Lakeshore Intermediate LLC, Term Loan (3 month LIBOR + 3.500%) | 4.000 | 09-29-28 | 1,571,289 | 1,556,880 | |
LSF10 XL Bidco SCA, 2021 EUR Term Loan B4 (1 week and 3 month EURIBOR + 4.000%) | 4.000 | 04-12-28 | EUR | 6,700,000 | 7,324,564 |
LSF11 Skyscraper Holdco Sarl, 2021 USD Term Loan B (3 month LIBOR + 3.500%) | 4.250 | 09-29-27 | 1,311,760 | 1,306,841 | |
Resideo Funding, Inc., 2021 Term Loan (1 and 3 month LIBOR + 2.250%) | 2.750 | 02-11-28 | 1,472,010 | 1,464,650 | |
Tamko Building Products LLC, Term Loan B (1 and 3 month LIBOR + 3.000%) | 3.240 | 06-01-26 | 2,201,730 | 2,180,638 | |
Wilsonart LLC, 2021 Term Loan E (3 month LIBOR + 3.500%) | 4.500 | 12-19-26 | 10,185,514 | 10,020,000 | |
Commercial services and supplies 2.6% | |||||
AEA International Holdings Luxembourg Sarl, Term Loan B (3 month LIBOR + 3.750%) | 4.250 | 09-07-28 | 1,463,503 | 1,458,015 | |
Anticimex Global AB, 2021 USD Incremental Term Loan (C) | TBD | 11-16-28 | 689,800 | 683,764 | |
AVSC Holding Corp., 2020 Term Loan B1 (3 month LIBOR + 3.250% or 0.250% PIK) | 4.250 | 03-03-25 | 4,907,563 | 4,524,479 | |
AVSC Holding Corp., 2020 Term Loan B2 (3 month LIBOR + 4.500% or 1.000% PIK) | 5.500 | 10-15-26 | 3,517,597 | 3,304,782 | |
AVSC Holding Corp., 2020 Term Loan B3 (3 month LIBOR + 5.000% or 10.000% PIK) | 5.224 | 10-15-26 | 2,043,331 | 2,358,004 |
26 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Commercial services and supplies (continued) | |||||
Cimpress USA, Inc., Tranche Term Loan B1 (1 month LIBOR + 3.500%) | 4.000 | 05-17-28 | 2,092,669 | $2,076,974 | |
Comet Bidco, Ltd., 2018 USD Term Loan B (6 month LIBOR + 5.000%) | 6.000 | 09-30-24 | 10,083,363 | 9,451,540 | |
Holding Socotec SAS, 2021 USD Term Loan (3 month LIBOR + 4.250%) | 5.000 | 06-30-28 | 1,824,684 | 1,807,587 | |
Madison Safety & Flow LLC, 1st Lien Term Loan (C) | TBD | 12-14-28 | 1,608,595 | 1,616,136 | |
MHI Holdings LLC, Term Loan B (1 month LIBOR + 5.000%) | 5.209 | 09-21-26 | 2,992,106 | 2,974,333 | |
Nielsen Finance LLC, USD Term Loan B4 (1 month LIBOR + 2.000%) | 2.125 | 10-04-23 | 1,124,399 | 1,121,060 | |
PECF USS Intermediate Holding III Corp., Term Loan B (1 month LIBOR + 4.250%) | 4.750 | 12-15-28 | 5,040,640 | 5,009,942 | |
Revint Intermediate II LLC, 2021 Term Loan B (1 month LIBOR + 4.250%) | 4.750 | 10-15-27 | 6,460,540 | 6,433,600 | |
Sterling Infosystems, Inc., 1st Lien Term Loan (3 month LIBOR + 3.500%) | 4.500 | 06-19-24 | 3,110,035 | 3,097,594 | |
Tempo Acquisition LLC, 2022 Term Loan B (1 month SOFR + 3.000%) | 3.500 | 08-31-28 | 5,795,000 | 5,729,806 | |
Viad Corp., Initial Term Loan (3 month LIBOR + 5.000%) | 5.500 | 07-30-28 | 2,244,375 | 2,218,183 | |
Win Waste Innovations Holdings, Inc., 2021 Term Loan B (3 month LIBOR + 2.750%) | 3.250 | 03-24-28 | 1,135,801 | 1,122,456 | |
Construction and engineering 1.3% | |||||
Aegion Corp., Term Loan (3 month LIBOR + 4.750%) | 5.500 | 05-17-28 | 3,214,557 | 3,210,539 | |
Amentum Government Services Holdings LLC, 2022 Term Loan (3 month SOFR + 4.000%) | 4.500 | 02-15-29 | 2,376,658 | 2,357,359 | |
Amentum Government Services Holdings LLC, Term Loan B (1 month LIBOR + 3.500%) | 3.709 | 01-29-27 | 2,049,001 | 2,029,371 | |
Artera Services LLC, Incremental Term Loan (3 month LIBOR + 3.500%) | 4.500 | 03-06-25 | 1,993,847 | 1,919,795 | |
DG Investment Intermediate Holdings 2, Inc., 2021 Term Loan (1 month LIBOR + 3.500%) | 4.250 | 03-31-28 | 5,832,216 | 5,776,810 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 27 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Construction and engineering (continued) | |||||
Energize Holdco LLC, 2021 1st Lien Term Loan (3 month LIBOR + 3.750%) | 4.258 | 12-08-28 | 3,338,287 | $3,310,479 | |
Osmose Utilities Services, Inc., Term Loan (1 month LIBOR + 3.250%) | 3.750 | 06-23-28 | 2,565,196 | 2,526,718 | |
Refficiency Holdings LLC, 2020 Delayed Draw Term Loan (1 month LIBOR + 3.750%) | 4.500 | 12-16-27 | 9,883 | 9,837 | |
Refficiency Holdings LLC, 2021 Term Loan (1 month LIBOR + 3.750%) | 4.500 | 12-16-27 | 1,865,898 | 1,857,147 | |
Tiger Acquisition LLC, 2021 Term Loan (3 month LIBOR + 3.250%) | 3.758 | 06-01-28 | 1,157,292 | 1,123,302 | |
USIC Holdings, Inc., 2021 Term Loan (1 month LIBOR + 3.500%) | 4.250 | 05-12-28 | 3,897,907 | 3,835,774 | |
Electrical equipment 0.7% | |||||
Array Technologies, Inc., Term Loan B (3 month LIBOR + 3.250%) | 3.750 | 10-14-27 | 2,231,589 | 2,173,010 | |
Brookfield WEC Holdings, Inc., 2021 Term Loan (1 month LIBOR + 2.750%) | 3.250 | 08-01-25 | 4,863,725 | 4,784,689 | |
Creation Technologies, Inc., 2021 Term Loan (3 month LIBOR + 5.500%) | 6.000 | 10-05-28 | 4,538,871 | 4,470,788 | |
Infinite Bidco LLC, 1st Lien Term Loan (3 month LIBOR + 3.750%) | 4.258 | 03-02-28 | 2,125,022 | 2,103,772 | |
Infinity Bidco 1, Ltd., 2021 EUR Term Loan (3 month EURIBOR + 3.400%) | 3.400 | 07-06-28 | EUR | 1,338,977 | 1,458,164 |
Machinery 2.2% | |||||
Alliance Laundry Systems LLC, Term Loan B (3 month LIBOR + 3.500%) | 4.250 | 10-08-27 | 3,183,207 | 3,149,783 | |
Arcline FM Holdings LLC, 2021 1st Lien Term Loan (3 month LIBOR + 4.750%) | 5.500 | 06-23-28 | 5,195,221 | 5,159,530 | |
Brown Group Holding LLC, Term Loan B (3 month LIBOR + 2.500%) | 3.000 | 06-07-28 | 5,450,311 | 5,385,125 | |
Crosby US Acquisition Corp., Term Loan B (1 month LIBOR + 4.750%) | 4.912 | 06-26-26 | 6,101,980 | 6,046,696 |
28 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Machinery (continued) | |||||
Engineered Components & Systems LLC, Delayed Draw Term Loan (1 month LIBOR + 6.000%) | 6.500 | 08-02-28 | 585,406 | $575,162 | |
Engineered Components & Systems LLC, Term Loan (1 month LIBOR + 6.000%) | 6.500 | 08-02-28 | 1,966,966 | 1,932,544 | |
Filtration Group Corp., 2021 Incremental Term Loan (1 month LIBOR + 3.500%) | 4.000 | 10-21-28 | 1,690,479 | 1,676,110 | |
Granite US Holdings Corp., 2021 Term Loan B (3 month LIBOR + 4.000%) | 4.230 | 09-30-26 | 4,204,155 | 4,162,113 | |
Pro Mach Group, Inc., 2021 Delayed Draw Term Loan (3 month LIBOR + 4.000%) | 5.000 | 08-31-28 | 230,997 | 230,420 | |
Pro Mach Group, Inc., 2021 Term Loan B (3 month LIBOR + 4.000%) | 5.000 | 08-31-28 | 4,321,010 | 4,310,208 | |
Shape Technologies Group, Inc., Term Loan (1 month LIBOR + 3.000%) | 3.209 | 04-21-25 | 7,118,522 | 6,658,808 | |
Star US Bidco LLC, Term Loan B (1 month LIBOR + 4.250%) | 5.250 | 03-17-27 | 3,677,691 | 3,647,828 | |
Stonepeak Taurus Lower Holdings LLC, 2022 2nd Lien Term Loan (1 month SOFR + 7.000%) | 7.500 | 01-28-30 | 1,879,906 | 1,842,308 | |
Marine 0.0% | |||||
Naviera Armas SA, 2021 EUR PIK Term Loan B2 (1 month EURIBOR + 2.500% or 0.000% PIK) (D) | 2.500 | 12-31-22 | EUR | 94,713 | 113,631 |
Naviera Armas SA, EUR PIK Term Loan A (1 month EURIBOR + 2.500% or 7.500% PIK) (D) | 2.500 | 12-31-22 | EUR | 228,924 | 274,648 |
Naviera Armas SA, EUR PIK Term Loan B (1 month EURIBOR + 2.500% or 7.500% PIK) (D) | 2.500 | 12-31-22 | EUR | 53,972 | 64,752 |
Professional services 0.9% | |||||
Cast & Crew LLC, 2019 1st Lien Term Loan (1 month LIBOR + 3.500%) | 3.709 | 02-09-26 | 8,194,204 | 8,137,336 | |
Greenrock Finance, Inc., 2017 USD Term Loan B (3 month LIBOR + 3.500%) | 4.500 | 06-28-24 | 4,024,821 | 3,988,356 | |
Indy US Bidco LLC, 2021 USD Term Loan (1 month LIBOR + 3.750%) | 3.959 | 03-05-28 | 1,155,309 | 1,146,644 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 29 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Professional services (continued) | |||||
Stiphout Finance LLC, 2020 USD Term Loan B (1 month LIBOR + 3.750%) | 4.750 | 10-27-25 | 2,530,226 | $2,517,575 | |
Trans Union LLC, 2021 Term Loan B6 (3 month LIBOR + 2.250%) | 2.758 | 12-01-28 | 3,824,931 | 3,780,294 | |
Road and rail 0.6% | |||||
Carriage Purchaser, Inc., 2021 Term Loan B (1 month LIBOR + 4.250%) | 5.000 | 09-30-28 | 1,808,645 | 1,802,423 | |
Genesee & Wyoming, Inc., Term Loan (3 month LIBOR + 2.000%) | 2.224 | 12-30-26 | 2,383,538 | 2,347,236 | |
Uber Technologies, Inc., 2021 1st Lien Term Loan B (1 month LIBOR + 3.500%) | 3.709 | 04-04-25 | 8,427,554 | 8,340,666 | |
Transportation infrastructure 0.3% | |||||
Dynasty Acquisition Company, Inc., 2020 Term Loan B1 (3 month LIBOR + 3.500%) | 3.724 | 04-06-26 | 5,688,425 | 5,506,737 | |
Information technology 17.5% | 362,876,638 | ||||
Communications equipment 0.1% | |||||
Plantronics, Inc., 2018 Term Loan B (1 month LIBOR + 2.500%) | 2.709 | 07-02-25 | 1,337,805 | 1,297,256 | |
Electronic equipment, instruments and components 1.3% | |||||
C&D Technologies, Inc., Term Loan B (1 and 3 month LIBOR + 5.750%) | 6.084 | 12-20-25 | 6,734,726 | 6,605,083 | |
Excelitas Technologies Corp., 2018 Add On Term Loan B (3 month LIBOR + 3.500%) | 4.500 | 12-02-24 | 2,314,695 | 2,291,548 | |
Excelitas Technologies Corp., USD 2017 1st Lien Term Loan (3 month LIBOR + 3.500%) | 4.500 | 12-02-24 | 4,822,809 | 4,774,581 | |
Ingram Micro, Inc., 2021 Term Loan B (3 month LIBOR + 3.500%) | 4.000 | 06-30-28 | 2,881,281 | 2,863,273 | |
Robertshaw US Holding Corp., 2018 1st Lien Term Loan (1 and 3 month LIBOR + 3.500%) | 4.500 | 02-28-25 | 11,817,852 | 10,777,881 | |
IT services 2.8% | |||||
EP Purchaser LLC, 2021 Term Loan B (3 month LIBOR + 3.500%) | 4.000 | 11-06-28 | 5,701,066 | 5,663,382 | |
Gainwell Acquisition Corp., Term Loan B (3 month LIBOR + 4.000%) | 4.750 | 10-01-27 | 10,296,395 | 10,236,367 | |
Genuine Financial Holdings LLC, 2018 1st Lien Term Loan (1 month LIBOR + 3.750%) | 3.959 | 07-11-25 | 7,705,160 | 7,640,514 |
30 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
IT services (continued) | |||||
Go Daddy Operating Company LLC, 2017 Repriced Term Loan (1 month LIBOR + 1.750%) | 1.959 | 02-15-24 | 5,149,945 | $5,079,133 | |
GTT Communications BV, 2018 EUR Term Loan (B) | 0.000 | 05-31-25 | EUR | 3,807,767 | 3,561,667 |
GTT Communications, Inc., 2018 USD Term Loan B (B) | 0.000 | 05-31-25 | 6,885,345 | 5,763,034 | |
Paysafe Holdings US Corp., USD Term Loan B1 (1 month LIBOR + 2.750%) | 3.250 | 06-28-28 | 832,291 | 773,772 | |
Rackspace Technology Global, Inc., 2021 Term Loan B (1 and 3 month LIBOR + 2.750%) | 3.500 | 02-15-28 | 1,608,752 | 1,557,755 | |
Sabre GLBL, Inc., 2021 Term Loan B1 (1 month LIBOR + 3.500%) | 4.000 | 12-17-27 | 2,251,028 | 2,217,826 | |
Sabre GLBL, Inc., 2021 Term Loan B2 (1 month LIBOR + 3.500%) | 4.000 | 12-17-27 | 3,588,273 | 3,535,346 | |
TGG TS Acquisition Company, 2018 Term Loan B (1 month LIBOR + 6.500%) | 6.709 | 12-14-25 | 1,226,476 | 1,222,392 | |
Travelport Finance Luxembourg Sarl, 2019 Term Loan (3 month LIBOR + 5.000%) | 5.224 | 05-29-26 | 2,928 | 2,388 | |
Travelport Finance Luxembourg Sarl, 2020 Super Priority Term Loan (3 month LIBOR + 1.500% and 2.500% or 6.500% PIK) | 3.351 | 02-28-25 | 126,773 | 130,047 | |
Verscend Holding Corp., 2021 Term Loan B (1 month LIBOR + 4.000%) | 4.209 | 08-27-25 | 6,406,290 | 6,380,280 | |
WEX, Inc., 2021 Term Loan (1 month LIBOR + 2.250%) | 2.459 | 03-31-28 | 5,161,131 | 5,078,863 | |
Semiconductors and semiconductor equipment 0.3% | |||||
Allegro MicroSystems, Inc., Term Loan (3 month LIBOR + 3.750%) | 4.250 | 09-30-27 | 35,901 | 35,542 | |
MKS Instruments, Inc., 2021 USD Tem Loan (C) | TBD | 10-21-28 | 5,382,276 | 5,318,388 | |
Software 12.5% | |||||
Acuris Finance US, Inc., 2021 USD Term Loan B (3 month LIBOR + 4.000%) | 4.500 | 02-16-28 | 1,207,572 | 1,199,276 | |
AppLovin Corp., 2018 Term Loan B (1 month LIBOR + 3.250%) | 3.459 | 08-15-25 | 6,981,723 | 6,927,196 | |
AppLovin Corp., 2021 Term Loan B (1 month LIBOR + 3.000%) | 3.500 | 10-25-28 | 2,033,986 | 2,013,647 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 31 |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
Software (continued) | |||||
AQA Acquisition Holding, Inc., 2021 1st Lien Term Loan (3 month LIBOR + 4.250%) | 4.750 | 03-03-28 | 2,115,601 | $2,097,089 | |
Azalea TopCo, Inc., 2022 Incremental Term Loan (C) | TBD | 07-24-26 | 394,623 | 392,156 | |
Azalea TopCo, Inc., Term Loan (1 and 3 month LIBOR + 3.500%) | 3.799 | 07-24-26 | 4,689,947 | 4,605,904 | |
Boxer Parent Company, Inc., 2021 EUR Term Loan (3 month EURIBOR + 4.000%) | 4.000 | 10-02-25 | EUR | 2,240,875 | 2,474,540 |
Boxer Parent Company, Inc., 2021 Replacement Dollar Term Loan (3 month LIBOR + 3.750%) | 3.974 | 10-02-25 | 6,737,408 | 6,653,191 | |
Castle US Holding Corp., USD Term Loan B (3 month LIBOR + 3.750%) | 3.974 | 01-29-27 | 5,765,988 | 5,634,178 | |
Cloudera, Inc., 2021 Term Loan (1 month LIBOR + 3.750%) | 4.250 | 10-08-28 | 4,785,337 | 4,735,474 | |
Condor Merger Sub, Inc., USD Term Loan B (C) | TBD | 02-26-29 | 5,446,539 | 5,364,841 | |
Constant Contact, Inc., Term Loan (3 month LIBOR + 4.000%) | 4.750 | 02-10-28 | 8,271,871 | 8,184,023 | |
Cornerstone OnDemand, Inc., 2021 Term Loan (3 month LIBOR + 3.750%) | 4.250 | 10-16-28 | 3,524,316 | 3,486,888 | |
Dcert Buyer, Inc., 2019 Term Loan B (1 month LIBOR + 4.000%) | 4.209 | 10-16-26 | 4,191,715 | 4,169,582 | |
Dcert Buyer, Inc., 2021 2nd Lien Term Loan (1 month LIBOR + 7.000%) | 7.209 | 02-19-29 | 4,266,996 | 4,249,928 | |
Dodge Data & Analytics LLC, 2022 Term Loan (C) | TBD | 02-23-29 | 3,073,094 | 2,988,584 | |
Epicor Software Corp., 2020 Term Loan (1 month LIBOR + 3.250%) | 4.000 | 07-30-27 | 6,353,824 | 6,287,427 | |
FinThrive Software Intermediate Holdings, Inc., 2021 2nd Lien Term Loan 2 (3 month LIBOR + 6.750%) | 7.250 | 12-17-29 | 1,759,796 | 1,734,508 | |
FinThrive Software Intermediate Holdings, Inc., 2021 Term Loan (3 month LIBOR + 4.000%) | 4.500 | 12-18-28 | 4,341,380 | 4,308,819 | |
Genesys Cloud Services Holdings II LLC, 2020 USD Term Loan B4 (1 month LIBOR + 4.000%) | 4.750 | 12-01-27 | 7,310,660 | 7,295,015 | |
Grab Holdings, Inc., Term Loan B (6 month LIBOR + 4.500%) | 5.500 | 01-29-26 | 6,941,070 | 6,884,708 | |
Helios Software Holdings, Inc., 2021 USD Term Loan B (3 month LIBOR + 3.750%) | 3.974 | 03-11-28 | 1,664,729 | 1,649,131 |
32 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
Software (continued) | |||||
IGT Holding IV AB, 2021 USD Term Loan B2 (3 month LIBOR + 3.500%) | 4.000 | 03-31-28 | 1,804,326 | $1,789,675 | |
Instructure Holdings, Inc., 2021 Term Loan B (3 month LIBOR + 2.750%) | 3.269 | 10-30-28 | 4,598,693 | 4,529,713 | |
ION Trading Finance, Ltd., 2021 USD Term Loan (3 month LIBOR + 4.750%) | 4.974 | 04-03-28 | 4,872,804 | 4,845,419 | |
Ivanti Software, Inc., 2021 Add On Term Loan B (3 month LIBOR + 4.000%) | 4.750 | 12-01-27 | 3,738,545 | 3,669,232 | |
Ivanti Software, Inc., 2021 Term Loan B (3 month LIBOR + 4.250%) | 5.000 | 12-01-27 | 5,028,836 | 4,952,599 | |
MA FinanceCo LLC, 2020 USD Term Loan B (3 month LIBOR + 4.250%) | 5.250 | 06-05-25 | 2,041,102 | 2,017,282 | |
Magenta Buyer LLC, 2021 USD 1st Lien Term Loan (3 month LIBOR + 5.000%) | 5.750 | 07-27-28 | 6,192,964 | 6,129,486 | |
Marcel Bidco LLC, USD Term Loan B1 (1 month LIBOR + 3.250%) | 3.459 | 03-15-26 | 4,574,706 | 4,543,278 | |
Mavenir Systems, Inc., 2021 Term Loan B (3 month LIBOR + 4.750%) | 5.250 | 08-18-28 | 2,763,840 | 2,731,034 | |
Mitchell International, Inc., 2021 Term Loan B (1 month LIBOR + 3.750%) | 4.250 | 10-15-28 | 5,753,277 | 5,670,257 | |
Monotype Imaging Holdings, Inc., 2021 Term Loan B (3 month LIBOR + 5.000%) | 5.750 | 10-09-26 | 405,086 | 404,409 | |
Monotype Imaging Holdings, Inc., Term Loan (3 month LIBOR + 5.500%) | 6.500 | 10-09-26 | 2,145,849 | 2,142,266 | |
Motus Group LLC, 2021 Term Loan (3 month LIBOR + 4.000%) | 4.500 | 12-11-28 | 1,695,129 | 1,682,416 | |
NortonLifeLock, Inc., 2022 Term Loan B (C) | TBD | 01-28-29 | 3,396,273 | 3,352,393 | |
Orchid Finco LLC, Term Loan (3 month LIBOR + 4.750%) | 5.112 | 07-27-27 | 4,050,056 | 3,867,803 | |
Peraton Corp., 2nd Lien Term Loan B1 (1 month LIBOR + 7.750%) | 8.500 | 02-01-29 | 1,567,728 | 1,579,486 | |
Peraton Corp., Term Loan B (1 month LIBOR + 3.750%) | 4.500 | 02-01-28 | 10,572,170 | 10,506,094 | |
Precise Bidco BV, 2020 EUR Term Loan B (3 month EURIBOR + 4.250%) | 4.250 | 05-13-26 | EUR | 2,161,573 | 2,403,328 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 33 |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
Software (continued) | |||||
Project Alpha Intermediate Holding, Inc., 2021 Term Loan B (3 month LIBOR + 4.000%) | 4.300 | 04-26-24 | 9,415,233 | $9,364,203 | |
Project Boost Purchaser LLC, 2019 Term Loan B (1 month LIBOR + 3.500%) | 3.709 | 06-01-26 | 8,836,731 | 8,716,816 | |
Project Ruby Ultimate Parent Corp., 2021 Term Loan (1 month LIBOR + 3.250%) | 4.000 | 03-03-28 | 802,260 | 794,686 | |
Proofpoint, Inc., 1st Lien Term Loan (3 month LIBOR + 3.250%) | 3.758 | 08-31-28 | 3,299,513 | 3,259,523 | |
Quest Software, Inc., 2022 Term Loan (3 month SOFR + 4.250%) | 4.750 | 02-01-29 | 4,334,842 | 4,267,131 | |
Red Planet Borrower LLC, Term Loan B (3 month LIBOR + 3.750%) | 4.250 | 10-02-28 | 5,290,113 | 5,240,545 | |
Seattle SpinCo, Inc., 2022 USD Term Loan B5 (1 month SOFR + 4.000%) | 4.500 | 02-26-27 | 6,518,048 | 6,420,277 | |
Seattle SpinCo, Inc., USD Term Loan B3 (1 month LIBOR + 2.750%) | 2.959 | 06-21-24 | 3,901,375 | 3,779,457 | |
Skillsoft Finance II, Inc., 2021 Term Loan B (3 month LIBOR + 4.750%) | 5.500 | 06-30-28 | 3,227,806 | 3,220,737 | |
SolarWinds Holdings, Inc., 2018 Term Loan B (1 month LIBOR + 2.750%) | 2.959 | 02-05-24 | 8,772,075 | 8,626,546 | |
Sophia LP, 2021 Term Loan B (3 month LIBOR + 3.500%) | 4.000 | 10-07-27 | 3,904,555 | 3,863,869 | |
Sovos Compliance LLC, 2021 Term Loan (1 month LIBOR + 4.500%) | 5.000 | 08-11-28 | 1,535,699 | 1,533,135 | |
SS&C Technologies, Inc., 2018 Term Loan B3 (1 month LIBOR + 1.750%) | 1.959 | 04-16-25 | 889,965 | 874,284 | |
SS&C Technologies, Inc., 2018 Term Loan B4 (1 month LIBOR + 1.750%) | 1.959 | 04-16-25 | 722,448 | 709,719 | |
SS&C Technologies, Inc., 2018 Term Loan B5 (1 month LIBOR + 1.750%) | 1.959 | 04-16-25 | 3,112,711 | 3,059,017 | |
Surf Holdings LLC, USD Term Loan (3 month LIBOR + 3.500%) | 3.690 | 03-05-27 | 2,415,203 | 2,391,051 | |
Symplr Software, Inc., 2020 Term Loan (3 month LIBOR + 4.500%) | 5.250 | 12-22-27 | 4,422,346 | 4,392,849 |
34 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
Software (continued) | |||||
ThoughtWorks, Inc., 2021 Term Loan B (1 month LIBOR + 3.000%) | 3.250 | 03-23-28 | 2,281,322 | $2,264,212 | |
UKG, Inc., 2021 Term Loan (3 month LIBOR + 3.250%) | 3.750 | 05-04-26 | 3,299,963 | 3,275,214 | |
UKG, Inc., Term Loan B (1 month LIBOR + 3.750%) | 3.959 | 05-04-26 | 1,650,999 | 1,637,659 | |
Upland Software, Inc., 2019 Term Loan (1 month LIBOR + 3.750%) | 3.959 | 08-06-26 | 3,172,225 | 3,142,089 | |
Vision Solutions, Inc., 2021 Incremental Term Loan (3 month LIBOR + 4.000%) | 4.750 | 04-24-28 | 6,301,559 | 6,227,516 | |
Voyage Australia Proprietary, Ltd., USD Term Loan B (3 month LIBOR + 3.500%) | 4.000 | 07-20-28 | 2,100,981 | 2,086,547 | |
VS Buyer LLC, Term Loan B (1 month LIBOR + 3.000%) | 3.209 | 02-28-27 | 2,177,531 | 2,153,034 | |
Weld North Education LLC, 2021 Term Loan B (1 month LIBOR + 3.750%) | 4.250 | 12-21-27 | 9,125,433 | 9,045,586 | |
Technology hardware, storage and peripherals 0.5% | |||||
Electronics For Imaging, Inc., Term Loan (1 month LIBOR + 5.000%) | 5.209 | 07-23-26 | 9,773,880 | 9,572,343 | |
Materials 6.9% | 143,436,265 | ||||
Chemicals 2.8% | |||||
Ascend Performance Materials Operations LLC, 2021 Term Loan B (3 month LIBOR + 4.750%) | 5.500 | 08-27-26 | 5,589,948 | 5,574,967 | |
ASP Unifrax Holdings, Inc., EUR Term Loan B (3 month EURIBOR + 3.750%) | 3.750 | 12-12-25 | EUR | 4,607,702 | 5,019,142 |
ASP Unifrax Holdings, Inc., Term Loan B (3 month LIBOR + 3.750%) | 3.974 | 12-12-25 | 1,659,924 | 1,633,780 | |
Geon Performance Solutions LLC, 2021 Term Loan (3 month LIBOR + 4.750%) | 5.500 | 08-18-28 | 2,048,638 | 2,037,124 | |
Hyperion Materials & Technologies, Inc., 2021 Term Loan B (3 month LIBOR + 4.500%) | 5.008 | 08-30-28 | 3,062,432 | 3,054,775 | |
INEOS US Finance LLC, 2021 USD Term Loan B (1 month LIBOR + 2.500%) | 3.000 | 11-08-28 | 3,623,165 | 3,573,347 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 35 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Chemicals (continued) | |||||
INEOS US Petrochem LLC, 2021 USD Term Loan B (1 month LIBOR + 2.750%) | 3.250 | 01-29-26 | 1,110,847 | $1,097,661 | |
Innophos Holdings, Inc., 2020 Term Loan B (1 month LIBOR + 3.750%) | 3.959 | 02-05-27 | 1,977,373 | 1,964,184 | |
Jadex, Inc., Term Loan (1 month LIBOR + 4.750%) | 5.500 | 02-18-28 | 8,150,778 | 7,963,962 | |
Kraton Polymers US LLC, 2021 USD Term Loan (C) | TBD | 11-18-28 | 2,044,965 | 2,020,691 | |
Meridian Adhesives Group, Inc., Term Loan B (3 month LIBOR + 4.000%) | 4.750 | 07-24-28 | 4,616,063 | 4,592,983 | |
Nouryon USA LLC, 2018 USD Term Loan B (1 month LIBOR + 3.000%) | 3.209 | 10-01-25 | 6,474,507 | 6,388,720 | |
Olympus Water US Holding Corp., 2021 USD Term Loan B (3 month LIBOR + 3.750%) | 4.250 | 11-09-28 | 1,744,824 | 1,719,524 | |
Petrochoice Holdings, Inc., 1st Lien Term Loan (3 month LIBOR + 5.000%) | 6.000 | 08-22-22 | 3,736,360 | 3,533,214 | |
Plaskolite PPC Intermediate II LLC, 2021 Term Loan (6 month LIBOR + 4.000%) | 4.750 | 12-15-25 | 2,045,544 | 1,986,100 | |
Secure Acquisition, Inc., 2021 Term Loan (3 month LIBOR + 5.000%) | 5.500 | 12-16-28 | 1,825,377 | 1,807,123 | |
Sparta US HoldCo LLC, 2021 Term Loan (1 month LIBOR + 3.500%) | 4.250 | 08-02-28 | 1,807,578 | 1,794,022 | |
Technimark Holdings LLC, 2021 Term Loan (1 month LIBOR + 3.750%) | 4.250 | 07-09-29 | 1,219,191 | 1,199,379 | |
Univar Solutions USA, Inc., 2019 USD Term Loan B5 (1 month LIBOR + 2.000%) | 2.209 | 07-01-26 | 816,920 | 811,406 | |
Construction materials 0.4% | |||||
Foundation Building Materials, Inc., 2021 Term Loan (1 and 3 month LIBOR + 3.250%) | 3.750 | 02-03-28 | 1,348,810 | 1,321,268 | |
Potters Borrower LP, Term Loan B (3 month LIBOR + 4.000%) | 4.750 | 12-14-27 | 788,049 | 784,109 | |
Quikrete Holdings, Inc., 2016 1st Lien Term Loan (1 month LIBOR + 2.500%) | 2.709 | 02-01-27 | 2,838,516 | 2,785,890 | |
Quikrete Holdings, Inc., 2021 Term Loan B1 (C) | TBD | 06-11-28 | 4,072,040 | 4,030,668 |
36 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Containers and packaging 3.4% | |||||
Charter Next Generation, Inc., 2021 Term Loan (1 month LIBOR + 3.750%) | 4.500 | 12-01-27 | 2,215,686 | $2,203,810 | |
Graham Packaging Company, Inc., 2021 Term Loan (1 month LIBOR + 3.000%) | 3.750 | 08-04-27 | 5,770,338 | 5,707,037 | |
LABL, Inc., 2021 USD 1st Lien Term Loan (3 month LIBOR + 5.000%) | 5.500 | 10-29-28 | 3,898,950 | 3,870,527 | |
LTI Holdings, Inc., 2018 Add On 1st Lien Term Loan (1 month LIBOR + 3.500%) | 3.709 | 09-06-25 | 7,161,245 | 7,052,538 | |
LTI Holdings, Inc., 2019 Term Loan (1 month LIBOR + 4.750%) | 4.959 | 07-24-26 | 3,092,168 | 3,072,842 | |
LTI Holdings, Inc., 2021 1st Lien Term Loan (1 month LIBOR + 4.750%) | 4.959 | 07-24-26 | 1,422,134 | 1,415,024 | |
LTI Holdings, Inc., 2021 Delayed Draw Term Loan (1 month LIBOR + 4.750%) | 4.959 | 07-24-26 | 494,442 | 491,351 | |
LTI Holdings, Inc., 2021 Term Loan (1 month LIBOR + 4.750%) | 4.959 | 07-24-26 | 819,949 | 814,824 | |
MAR Bidco Sarl, USD Term Loan (3 month LIBOR + 4.250%) | 4.750 | 07-06-28 | 1,849,151 | 1,834,136 | |
Mauser Packaging Solutions Holding Company, 2017 Term Loan B (1 month LIBOR + 3.250%) | 3.356 | 04-03-24 | 12,369,331 | 12,147,054 | |
Plaze, Inc., 2019 Term Loan B (1 month LIBOR + 3.500%) | 3.605 | 08-03-26 | 6,729,049 | 6,544,000 | |
Pretium PKG Holdings, Inc., 2021 1st Lien Term Loan (3 month LIBOR + 4.000%) | 4.500 | 10-02-28 | 961,242 | 949,400 | |
Proampac PG Borrower LLC, 2020 Term Loan (3 month LIBOR + 3.750%) | 4.500 | 11-03-25 | 7,129,087 | 7,070,272 | |
TricorBraun Holdings, Inc., 2021 Delayed Draw Term Loan (1 month LIBOR + 3.250%) | 3.750 | 03-03-28 | 957,491 | 941,338 | |
TricorBraun Holdings, Inc., 2021 Term Loan (1 month LIBOR + 3.250%) | 3.750 | 03-03-28 | 5,107,583 | 5,021,418 | |
Trident TPI Holdings, Inc., 2017 USD Term Loan B1 (3 month LIBOR + 3.250%) | 4.250 | 10-17-24 | 6,225,409 | 6,182,640 | |
Trident TPI Holdings, Inc., 2021 Delayed Draw Term Loan (3 month LIBOR + 4.000%) | 4.500 | 09-15-28 | 26,515 | 26,354 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 37 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Containers and packaging (continued) | |||||
Trident TPI Holdings, Inc., 2021 Incremental Term Loan (3 month LIBOR + 4.000%) | 4.500 | 09-15-28 | 463,856 | $461,040 | |
Valcour Packaging LLC, 2021 1st Lien Term Loan (3 month LIBOR + 3.750%) | 4.250 | 10-04-28 | 1,483,793 | 1,463,391 | |
Valcour Packaging LLC, 2021 2nd Lien Term Loan (3 month LIBOR + 7.000%) | 7.500 | 10-04-29 | 2,708,988 | 2,654,808 | |
Metals and mining 0.2% | |||||
PMHC II, Inc., 2022 Term Loan B (C) | TBD | 02-01-29 | 4,833,386 | 4,756,873 | |
Paper and forest products 0.1% | |||||
Flex Acquisition Company, Inc., 2021 Term Loan (3 month LIBOR + 3.500%) | 4.000 | 03-02-28 | 2,070,182 | 2,061,549 | |
Real estate 0.1% | 1,569,693 | ||||
Equity real estate investment trusts 0.1% | |||||
Iron Mountain, Inc., 2018 Term Loan B (1 month LIBOR + 1.750%) | 1.959 | 01-02-26 | 1,597,652 | 1,569,693 | |
Utilities 0.1% | 1,983,281 | ||||
Independent power and renewable electricity producers 0.1% | |||||
Esdec Solar Group BV, Term Loan B (6 month LIBOR + 5.000%) | 5.750 | 08-30-28 | 2,013,483 | 1,983,281 | |
Corporate bonds 12.2% | $254,053,584 | ||||
(Cost $271,748,418) | |||||
Communication services 1.9% | 39,040,366 | ||||
Diversified telecommunication services 0.7% | |||||
Connect Finco SARL (E) | 6.750 | 10-01-26 | 3,956,000 | 4,005,450 | |
Frontier Communications Holdings LLC (E) | 5.000 | 05-01-28 | 1,121,000 | 1,088,211 | |
Frontier Communications Holdings LLC (E) | 6.000 | 01-15-30 | 1,246,000 | 1,160,649 | |
Frontier Communications Holdings LLC (E) | 6.750 | 05-01-29 | 2,440,000 | 2,368,740 | |
Iliad Holding SASU (E) | 6.500 | 10-15-26 | 3,749,000 | 3,739,628 | |
Iliad Holding SASU (E) | 7.000 | 10-15-28 | 1,689,000 | 1,679,981 | |
Entertainment 0.1% | |||||
Lions Gate Capital Holdings LLC (E) | 5.500 | 04-15-29 | 1,341,000 | 1,275,358 | |
Media 1.1% | |||||
Altice France SA (E) | 5.500 | 10-15-29 | 7,221,000 | 6,616,241 |
38 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Media (continued) | |||||
Getty Images, Inc. (E) | 9.750 | 03-01-27 | 2,800,000 | $2,915,500 | |
National CineMedia LLC (E)(F) | 5.875 | 04-15-28 | 5,435,000 | 4,820,302 | |
Townsquare Media, Inc. (E) | 6.875 | 02-01-26 | 2,111,000 | 2,153,220 | |
United Group BV (Greater of 3 month EURIBOR + 3.250% or 3.250%) (E)(G) | 3.250 | 02-15-26 | EUR | 734,000 | 790,077 |
United Group BV (E) | 3.625 | 02-15-28 | EUR | 1,680,000 | 1,692,035 |
United Group BV | 3.625 | 02-15-28 | EUR | 1,500,000 | 1,510,745 |
United Group BV (Greater of 3 month EURIBOR + 4.875% or 4.875%) (E)(G) | 4.875 | 02-01-29 | EUR | 2,938,000 | 3,224,229 |
Consumer discretionary 3.5% | 73,579,524 | ||||
Automobiles 0.2% | |||||
Constellation Automotive Financing PLC (E) | 4.875 | 07-15-27 | GBP | 2,813,000 | 3,454,986 |
Distributors 0.1% | |||||
Northwest Fiber LLC (E) | 6.000 | 02-15-28 | 3,136,000 | 2,744,000 | |
Diversified consumer services 0.3% | |||||
Paganini BidCo SpA (Greater of 3 month EURIBOR + 4.250% or 4.250%) (E)(G) | 4.250 | 10-30-28 | EUR | 2,709,000 | 3,026,075 |
WW International, Inc. (E) | 4.500 | 04-15-29 | 5,128,000 | 4,305,725 | |
Hotels, restaurants and leisure 1.8% | |||||
Allwyn Entertainment Financing UK PLC (Greater of 3 month EURIBOR + 4.125% or 4.125%) (E)(G) | 4.125 | 02-15-28 | EUR | 2,340,000 | 2,577,809 |
Caesars Entertainment, Inc. (E) | 4.625 | 10-15-29 | 461,000 | 437,374 | |
Caesars Resort Collection LLC (E) | 5.750 | 07-01-25 | 1,000,000 | 1,025,435 | |
Deuce Finco PLC (E) | 5.500 | 06-15-27 | GBP | 2,979,000 | 3,831,265 |
Deuce Finco PLC | 5.500 | 06-15-27 | GBP | 1,953,000 | 2,511,736 |
eDreams ODIGEO SA (E) | 5.500 | 07-15-27 | EUR | 1,905,000 | 2,091,417 |
International Game Technology PLC (E) | 4.125 | 04-15-26 | 959,000 | 944,615 | |
Premier Entertainment Sub LLC (E) | 5.625 | 09-01-29 | 3,004,000 | 2,724,718 | |
Premier Entertainment Sub LLC (E) | 5.875 | 09-01-31 | 3,004,000 | 2,703,600 | |
Punch Finance PLC (E) | 6.125 | 06-30-26 | GBP | 1,598,000 | 2,087,909 |
Punch Finance PLC | 6.125 | 06-30-26 | GBP | 3,420,000 | 4,468,492 |
Stonegate Pub Company Financing 2019 PLC | 8.000 | 07-13-25 | GBP | 667,000 | 905,910 |
Stonegate Pub Company Financing 2019 PLC | 8.000 | 07-13-25 | GBP | 4,077,000 | 5,537,321 |
Stonegate Pub Company Financing 2019 PLC (E) | 8.250 | 07-31-25 | GBP | 1,355,000 | 1,854,131 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 39 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Stonegate Pub Company Financing 2019 PLC | 8.250 | 07-31-25 | GBP | 2,706,000 | $3,702,789 |
Specialty retail 1.1% | |||||
F-Brasile SpA (E) | 7.375 | 08-15-26 | 9,762,000 | 9,420,330 | |
Maxeda DIY Holding BV (E) | 5.875 | 10-01-26 | EUR | 785,000 | 846,312 |
Maxeda DIY Holding BV | 5.875 | 10-01-26 | EUR | 3,607,000 | 3,888,780 |
SRS Distribution, Inc. (E) | 4.625 | 07-01-28 | 1,336,000 | 1,280,890 | |
SRS Distribution, Inc. (E) | 6.000 | 12-01-29 | 1,108,000 | 1,047,060 | |
SRS Distribution, Inc. (E) | 6.125 | 07-01-29 | 3,056,000 | 2,919,886 | |
Staples, Inc. (E) | 7.500 | 04-15-26 | 3,278,000 | 3,240,959 | |
Consumer staples 0.4% | 8,529,967 | ||||
Food and staples retailing 0.2% | |||||
Ocado Group PLC | 3.875 | 10-08-26 | GBP | 3,000,000 | 3,633,440 |
Household products 0.1% | |||||
Kronos Acquisition Holdings, Inc. (E) | 5.000 | 12-31-26 | 1,966,000 | 1,774,315 | |
Personal products 0.1% | |||||
Douglas GmbH (E) | 6.000 | 04-08-26 | EUR | 1,299,000 | 1,399,018 |
Douglas GmbH | 6.000 | 04-08-26 | EUR | 1,600,000 | 1,723,194 |
Energy 0.1% | 1,299,601 | ||||
Oil, gas and consumable fuels 0.1% | |||||
New Fortress Energy, Inc. (E) | 6.500 | 09-30-26 | 1,355,000 | 1,299,601 | |
Financials 1.4% | 29,501,273 | ||||
Capital markets 0.6% | |||||
AG Issuer LLC (E) | 6.250 | 03-01-28 | 8,712,000 | 8,812,188 | |
Hightower Holding LLC (E) | 6.750 | 04-15-29 | 3,140,000 | 3,140,000 | |
Consumer finance 0.1% | |||||
Encore Capital Group, Inc. (E) | 4.250 | 06-01-28 | GBP | 2,070,000 | 2,565,158 |
Diversified financial services 0.7% | |||||
Castor SpA (Greater of 3 month EURIBOR + 5.250% or 5.250%) (E)(G) | 5.250 | 02-15-29 | EUR | 3,498,000 | 3,892,715 |
Cobra AcquisitionCo LLC (E) | 6.375 | 11-01-29 | 2,899,000 | 2,654,933 | |
Garfunkelux Holdco 3 SA (E) | 6.750 | 11-01-25 | EUR | 1,645,000 | 1,848,644 |
Garfunkelux Holdco 3 SA | 6.750 | 11-01-25 | EUR | 1,400,000 | 1,573,314 |
Lincoln Financing SARL (Greater of 3 month EURIBOR + 3.875% or 3.875%) (G) | 3.875 | 04-01-24 | EUR | 4,500,000 | 5,014,321 |
40 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Health care 1.4% | $29,785,438 | ||||
Health care equipment and supplies 0.1% | |||||
Embecta Corp. (E) | 5.000 | 02-15-30 | 1,859,000 | 1,833,439 | |
Health care providers and services 0.5% | |||||
US Acute Care Solutions LLC (E) | 6.375 | 03-01-26 | 10,977,000 | 10,812,345 | |
Pharmaceuticals 0.8% | |||||
Bausch Health Companies, Inc. (E) | 6.125 | 02-01-27 | 2,753,000 | 2,775,575 | |
Cheplapharm Arzneimittel GmbH (E) | 5.500 | 01-15-28 | 7,494,000 | 7,489,204 | |
Jazz Securities DAC (E) | 4.375 | 01-15-29 | 2,316,000 | 2,293,905 | |
Organon & Company (E) | 4.125 | 04-30-28 | 2,730,000 | 2,685,255 | |
Organon & Company (E) | 5.125 | 04-30-31 | 1,899,000 | 1,895,715 | |
Industrials 1.2% | 24,041,209 | ||||
Aerospace and defense 0.2% | |||||
Spirit AeroSystems, Inc. (E) | 7.500 | 04-15-25 | 3,237,000 | 3,363,243 | |
TransDigm, Inc. (E) | 6.250 | 03-15-26 | 202,000 | 207,808 | |
Air freight and logistics 0.1% | |||||
First Student Bidco, Inc. (E) | 4.000 | 07-31-29 | 1,450,000 | 1,370,239 | |
Building products 0.2% | |||||
Victors Merger Corp. (E) | 6.375 | 05-15-29 | 5,855,000 | 5,069,815 | |
Commercial services and supplies 0.0% | |||||
PECF USS Intermediate Holding III Corp. (E) | 8.000 | 11-15-29 | 1,376,000 | 1,341,600 | |
Construction and engineering 0.2% | |||||
New Enterprise Stone & Lime Company, Inc. (E) | 5.250 | 07-15-28 | 2,375,000 | 2,309,688 | |
Novafives SAS (Greater of 3 month EURIBOR + 4.500% or 4.500%) (G) | 4.500 | 06-15-25 | EUR | 1,332,000 | 1,241,909 |
Machinery 0.2% | |||||
SRM Escrow Issuer LLC (E) | 6.000 | 11-01-28 | 3,692,000 | 3,690,634 | |
Marine 0.1% | |||||
Anarafe SLU (3 month EURIBOR + 1.000% Cash or 3 month EURIBOR + 11.750% PIK) (E) | 11.750 | 03-31-26 | EUR | 1,152,407 | 1,492,417 |
Road and rail 0.2% | |||||
Uber Technologies, Inc. (E) | 4.500 | 08-15-29 | 4,130,000 | 3,953,856 | |
Information technology 1.2% | 26,054,171 | ||||
IT services 0.1% | |||||
Paysafe Finance PLC (E) | 4.000 | 06-15-29 | 2,584,000 | 2,248,597 | |
Software 1.1% | |||||
Avaya, Inc. (E) | 6.125 | 09-15-28 | 8,025,000 | 7,724,063 | |
Castle US Holding Corp. (E) | 9.500 | 02-15-28 | 1,874,000 | 1,920,850 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 41 |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
Software (continued) | |||||
Condor Merger Sub, Inc. (E) | 7.375 | 02-15-30 | 5,294,000 | $5,086,449 | |
Helios Software Holdings, Inc. (E) | 4.625 | 05-01-28 | 5,437,000 | 5,090,174 | |
ION Trading Technologies Sarl (E) | 5.750 | 05-15-28 | 4,055,000 | 3,984,038 | |
Materials 1.1% | 22,222,035 | ||||
Chemicals 0.6% | |||||
ASP Unifrax Holdings, Inc. (E) | 5.250 | 09-30-28 | 3,771,000 | 3,610,733 | |
ASP Unifrax Holdings, Inc. (E)(F) | 7.500 | 09-30-29 | 2,812,000 | 2,565,950 | |
Olympus Water US Holding Corp. (E) | 6.250 | 10-01-29 | 1,969,000 | 1,806,558 | |
Venator Finance Sarl (E)(F) | 5.750 | 07-15-25 | 1,558,000 | 1,402,200 | |
Venator Finance Sarl (E) | 9.500 | 07-01-25 | 2,341,000 | 2,516,575 | |
Containers and packaging 0.3% | |||||
Kleopatra Holdings 2 SCA | 6.500 | 09-01-26 | EUR | 2,424,000 | 2,228,686 |
LABL, Inc. (E) | 5.875 | 11-01-28 | 1,394,000 | 1,334,267 | |
LABL, Inc. (E) | 6.750 | 07-15-26 | 1,591,000 | 1,594,978 | |
Pactiv Evergreen Group Issuer LLC (E) | 4.375 | 10-15-28 | 1,171,000 | 1,081,711 | |
Metals and mining 0.2% | |||||
Midwest Vanadium Proprietary, Ltd. (B)(E) | 11.500 | 02-15-18 | 5,668,325 | 10,600 | |
PMHC II, Inc. (E) | 9.000 | 02-15-30 | 4,184,000 | 4,069,777 | |
Asset backed securities 1.6% | $32,508,305 | ||||
(Cost $32,920,202) | |||||
Asset backed securities 1.6% | 32,508,305 | ||||
Atlas Senior Loan Fund X, Ltd. Series 2018-10A, Class D (3 month LIBOR + 2.750%) (E)(G) | 2.991 | 01-15-31 | 4,900,000 | 4,420,119 | |
Cedar Funding VIII CLO, Ltd. Series 2017-8A, Class DR (3 month LIBOR + 3.500%) (E)(G) | 3.741 | 10-17-34 | 850,000 | 846,175 | |
Hayfin US XIV, Ltd. Series 2021-14A, Class D (3 month LIBOR + 3.650%) (E)(G) | 3.904 | 07-20-34 | 3,000,000 | 3,004,401 | |
Jamestown CLO IX, Ltd. Series 2016-9A, Class CRR (3 month LIBOR + 3.900%) (E)(G) | 4.158 | 07-25-34 | 3,450,000 | 3,469,824 | |
Jamestown CLO XVI, Ltd. Series 2021-16A, Class D (3 month LIBOR + 3.650%) (E)(G) | 3.908 | 07-25-34 | 3,100,000 | 3,108,420 | |
Marble Point CLO XI, Ltd. Series 2017-2A, Class D (3 month LIBOR + 2.800%) (E)(G) | 3.041 | 12-18-30 | 2,500,000 | 2,297,990 |
42 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Northwoods Capital XVII, Ltd. Series 2018-17A, Class D (3 month LIBOR + 2.850%) (E)(G) | 3.109 | 04-22-31 | 1,350,000 | $1,272,591 | |
Parallel, Ltd. Series 2020-1A, Class CR (3 month LIBOR + 3.400%) (E)(G) | 3.654 | 07-20-34 | 1,350,000 | 1,327,730 | |
Sculptor CLO XXVII, Ltd. Series 27A, Class D (3 month LIBOR + 3.700%) (E)(G) | 3.954 | 07-20-34 | 3,550,000 | 3,519,498 | |
Shackleton XIV CLO, Ltd. Series 2019-14A, Class DR (3 month LIBOR + 3.700%) (E)(G) | 3.954 | 07-20-34 | 2,950,000 | 2,901,726 | |
TCW CLO, Ltd. Series 2020-1A, Class DRR (3 month LIBOR + 3.400%) (E)(G) | 3.586 | 04-20-34 | 1,300,000 | 1,280,326 | |
Wellfleet CLO, Ltd. | |||||
Series 2020-2A, Class DR (3 month LIBOR + 3.800%) (E)(G) | 4.042 | 07-15-34 | 2,900,000 | 2,891,306 | |
Series 2021-2A, Class D (3 month LIBOR + 3.600%) (E)(G) | 3.841 | 07-15-34 | 2,200,000 | 2,168,199 | |
Shares | Value | ||||
Common stocks 0.3% | $6,731,937 | ||||
(Cost $15,974,569) | |||||
Communication services 0.1% | 1,989,018 | ||||
Entertainment 0.1% | |||||
Cineworld Group PLC (H) | 105,512 | 18,825 | |||
Technicolor SA (F)(H) | 586,571 | 1,970,193 | |||
Consumer discretionary 0.0% | 65,109 | ||||
Hotels, restaurants and leisure 0.0% | |||||
NPC International, Inc. (D)(H) | 197,780 | 65,109 | |||
Energy 0.2% | 4,677,810 | ||||
Energy equipment and services 0.0% | |||||
Hercules Offshore, Inc. (D)(H) | 196,736 | 0 | |||
Oil, gas and consumable fuels 0.2% | |||||
Murray Energy Corp. (H) | 12,315 | 615,750 | |||
Ultra Petroleum Corp. (H) | 37,155 | 1,069,767 | |||
Ultra Resources, Inc. (H) | 3,503,928 | 2,992,293 | |||
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 43 |
Yield (%) | Shares | Value | |||
Short-term investments 8.5% | $176,579,511 | ||||
(Cost $176,580,954) | |||||
Short-term funds 8.5% | 176,579,511 | ||||
John Hancock Collateral Trust (I) | 0.0896(J) | 899,790 | 8,999,254 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 0.0265(J) | 167,580,257 | 167,580,257 | ||
Total investments (Cost $2,230,505,741) 105.0% | $2,180,309,609 | ||||
Other assets and liabilities, net (5.0%) | (102,969,802) | ||||
Total net assets 100.0% | $2,077,339,807 |
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. | |
Currency Abbreviations | |
EUR | Euro |
GBP | Pound Sterling |
Security Abbreviations and Legend | |
EURIBOR | Euro Interbank Offered Rate |
LIBOR | London Interbank Offered Rate |
PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
SOFR | Secured Overnight Financing Rate |
SONIA | Sterling Overnight Interbank Average Rate |
(A) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(B) | Non-income producing - Issuer is in default. |
(C) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
(D) | 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. |
(E) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $248,621,252 or 12.0% of the fund’s net assets as of 2-28-22. |
(F) | All or a portion of this security is on loan as of 2-28-22. |
(G) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(H) | Non-income producing security. |
(I) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(J) | The rate shown is the annualized seven-day yield as of 2-28-22. |
44 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
USD | 137,375,209 | EUR | 118,490,000 | CITI | 4/6/2022 | $4,327,173 | — |
USD | 16,568,479 | EUR | 14,580,000 | MSCS | 4/6/2022 | 197,136 | — |
USD | 57,976,983 | GBP | 42,800,000 | CITI | 4/6/2022 | 543,516 | — |
$5,067,825 | — |
Derivatives Currency Abbreviations | |
EUR | Euro |
GBP | Pound Sterling |
USD | U.S. Dollar |
Derivatives Abbreviations | |
CITI | Citibank, N.A. |
MSCS | Morgan Stanley Capital Services LLC |
OTC | Over-the-counter |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK FLOATING RATE INCOME FUND | 45 |
Assets | |
Unaffiliated investments, at value (Cost $2,221,505,044) including $9,138,605 of securities loaned | $2,171,310,355 |
Affiliated investments, at value (Cost $9,000,697) | 8,999,254 |
Total investments, at value (Cost $2,230,505,741) | 2,180,309,609 |
Unrealized appreciation on forward foreign currency contracts | 5,067,825 |
Cash | 1,050,249 |
Foreign currency, at value (Cost $24,131,745) | 23,819,707 |
Collateral segregated at custodian for OTC derivative contracts | 4,657,630 |
Interest receivable | 11,360,869 |
Receivable for fund shares sold | 7,066,134 |
Receivable for investments sold | 37,811,503 |
Receivable for securities lending income | 5,983 |
Receivable from affiliates | 18,763 |
Other assets | 119,638 |
Total assets | 2,271,287,910 |
Liabilities | |
Distributions payable | 55,277 |
Payable for investments purchased | 183,180,404 |
Payable for fund shares repurchased | 1,333,774 |
Payable upon return of securities loaned | 9,000,918 |
Payable to affiliates | |
Accounting and legal services fees | 67,247 |
Transfer agent fees | 56,602 |
Trustees’ fees | 560 |
Other liabilities and accrued expenses | 253,321 |
Total liabilities | 193,948,103 |
Net assets | $2,077,339,807 |
Net assets consist of | |
Paid-in capital | $2,468,561,228 |
Total distributable earnings (loss) | (391,221,421) |
Net assets | $2,077,339,807 |
46 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Net asset value per share | |
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
Class A ($145,102,691 ÷ 17,829,551 shares)1 | $8.14 |
Class C ($19,950,634 ÷ 2,441,560 shares)1 | $8.17 |
Class I ($527,754,602 ÷ 64,904,045 shares) | $8.13 |
Class R6 ($400,657,043 ÷ 49,214,916 shares) | $8.14 |
Class 1 ($16,040,830 ÷ 1,973,267 shares) | $8.13 |
Class NAV ($967,834,007 ÷ 118,890,398 shares) | $8.14 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 97.5%)2 | $8.35 |
1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
2 | On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 47 |
Investment income | |
Interest | $42,017,214 |
Dividends | 2,807,183 |
Securities lending | 31,422 |
Total investment income | 44,855,819 |
Expenses | |
Investment management fees | 6,123,096 |
Distribution and service fees | 264,143 |
Line of credit fees | 215,258 |
Accounting and legal services fees | 118,142 |
Transfer agent fees | 296,552 |
Trustees’ fees | 14,461 |
Custodian fees | 62,699 |
State registration fees | 60,288 |
Printing and postage | 21,811 |
Professional fees | 58,830 |
Other | 66,962 |
Total expenses | 7,302,242 |
Less expense reductions | (612,055) |
Net expenses | 6,690,187 |
Net investment income | 38,165,632 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 3,436,372 |
Affiliated investments | (4,448) |
Capital gain distributions received from affiliated investments | 4,459 |
Forward foreign currency contracts | 3,289,536 |
6,725,919 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (40,922,056) |
Affiliated investments | (4,835) |
Forward foreign currency contracts | 4,200,884 |
(36,726,007) | |
Net realized and unrealized loss | (30,000,088) |
Increase in net assets from operations | $8,165,544 |
48 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $38,165,632 | $45,956,776 |
Net realized gain (loss) | 6,725,919 | (4,627,660) |
Change in net unrealized appreciation (depreciation) | (36,726,007) | 39,453,342 |
Increase in net assets resulting from operations | 8,165,544 | 80,782,458 |
Distributions to shareholders | ||
From earnings | ||
Class A | (3,039,218) | (3,042,478) |
Class B | — | (6,414)1 |
Class C | (387,574) | (643,345) |
Class I | (9,034,993) | (3,210,075) |
Class R6 | (9,125,769) | (3,506,958) |
Class 1 | (380,372) | (511,178) |
Class NAV | (24,412,380) | (24,702,509) |
Total distributions | (46,380,306) | (35,622,957) |
From fund share transactions | 365,246,172 | 925,360,279 |
Total increase | 327,031,410 | 970,519,780 |
Net assets | ||
Beginning of period | 1,750,308,397 | 779,788,617 |
End of period | $2,077,339,807 | $1,750,308,397 |
1 | Share class was redesignated during the period. Refer to Note 6 for further details. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 49 |
CLASS A SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $8.30 | $7.89 | $8.28 | $8.43 | $8.45 | $8.48 |
Net investment income2 | 0.16 | 0.30 | 0.36 | 0.40 | 0.34 | 0.37 |
Net realized and unrealized gain (loss) on investments | (0.13) | 0.36 | (0.36) | (0.16) | —3 | — |
Total from investment operations | 0.03 | 0.66 | — | 0.24 | 0.34 | 0.37 |
Less distributions | ||||||
From net investment income | (0.19) | (0.25) | (0.39) | (0.39) | (0.36) | (0.40) |
Net asset value, end of period | $8.14 | $8.30 | $7.89 | $8.28 | $8.43 | $8.45 |
Total return (%)4,5 | 0.386 | 8.41 | 0.11 | 2.96 | 4.05 | 4.46 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $145 | $118 | $89 | $109 | $117 | $138 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.097 | 1.12 | 1.178 | 1.16 | 1.13 | 1.17 |
Expenses including reductions | 1.007 | 1.00 | 0.998 | 1.06 | 1.13 | 1.16 |
Net investment income | 3.837 | 3.71 | 4.49 | 4.77 | 4.03 | 4.31 |
Portfolio turnover (%) | 25 | 59 | 81 | 120 | 71 | 66 |
1 | Six months ended 2-28-22. 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 | Does not reflect the effect of sales charges, if any. |
6 | Not annualized. |
7 | Annualized. |
8 | Includes reimbursement of legal fees of 0.01%. |
50 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $8.33 | $7.92 | $8.32 | $8.47 | $8.49 | $8.52 |
Net investment income2 | 0.13 | 0.25 | 0.30 | 0.33 | 0.28 | 0.31 |
Net realized and unrealized gain (loss) on investments | (0.13) | 0.34 | (0.37) | (0.15) | (0.01) | 0.01 |
Total from investment operations | — | 0.59 | (0.07) | 0.18 | 0.27 | 0.32 |
Less distributions | ||||||
From net investment income | (0.16) | (0.18) | (0.33) | (0.33) | (0.29) | (0.35) |
Net asset value, end of period | $8.17 | $8.33 | $7.92 | $8.32 | $8.47 | $8.49 |
Total return (%)3,4 | 0.015 | 7.58 | (0.74) | 2.20 | 3.28 | 3.73 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $20 | $22 | $39 | $71 | $102 | $128 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.846 | 1.87 | 1.927 | 1.91 | 1.88 | 1.88 |
Expenses including reductions | 1.756 | 1.75 | 1.747 | 1.81 | 1.88 | 1.87 |
Net investment income | 3.056 | 3.00 | 3.77 | 3.99 | 3.29 | 3.60 |
Portfolio turnover (%) | 25 | 59 | 81 | 120 | 71 | 66 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Does not reflect the effect of sales charges, if any. |
5 | Not annualized. |
6 | Annualized. |
7 | Includes reimbursement of legal fees of 0.01%. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 51 |
CLASS I SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $8.29 | $7.89 | $8.28 | $8.43 | $8.45 | $8.48 |
Net investment income2 | 0.17 | 0.31 | 0.38 | 0.41 | 0.36 | 0.39 |
Net realized and unrealized gain (loss) on investments | (0.13) | 0.35 | (0.36) | (0.15) | —3 | 0.01 |
Total from investment operations | 0.04 | 0.66 | 0.02 | 0.26 | 0.36 | 0.40 |
Less distributions | ||||||
From net investment income | (0.20) | (0.26) | (0.41) | (0.41) | (0.38) | (0.43) |
Net asset value, end of period | $8.13 | $8.29 | $7.89 | $8.28 | $8.43 | $8.45 |
Total return (%)4 | 0.495 | 8.52 | 0.34 | 3.19 | 4.31 | 4.78 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $528 | $252 | $49 | $66 | $152 | $166 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.846 | 0.87 | 0.927 | 0.92 | 0.89 | 0.87 |
Expenses including reductions | 0.776 | 0.77 | 0.767 | 0.83 | 0.88 | 0.85 |
Net investment income | 4.086 | 3.84 | 4.72 | 4.94 | 4.29 | 4.57 |
Portfolio turnover (%) | 25 | 59 | 81 | 120 | 71 | 66 |
1 | Six months ended 2-28-22. 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. |
7 | Includes reimbursement of legal fees of 0.01%. |
52 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R6 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $8.30 | $7.89 | $8.29 | $8.43 | $8.45 | $8.48 |
Net investment income2 | 0.17 | 0.32 | 0.39 | 0.42 | 0.37 | 0.40 |
Net realized and unrealized gain (loss) on investments | (0.12) | 0.36 | (0.37) | (0.14) | —3 | 0.01 |
Total from investment operations | 0.05 | 0.68 | 0.02 | 0.28 | 0.37 | 0.41 |
Less distributions | ||||||
From net investment income | (0.21) | (0.27) | (0.42) | (0.42) | (0.39) | (0.44) |
Net asset value, end of period | $8.14 | $8.30 | $7.89 | $8.29 | $8.43 | $8.45 |
Total return (%)4 | 0.555 | 8.77 | 0.33 | 3.44 | 4.41 | 4.88 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $401 | $342 | $2 | $3 | $6 | $—6 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.737 | 0.77 | 0.818 | 0.81 | 0.79 | 0.77 |
Expenses including reductions | 0.667 | 0.66 | 0.658 | 0.71 | 0.78 | 0.76 |
Net investment income | 4.167 | 3.93 | 4.88 | 5.06 | 4.45 | 4.66 |
Portfolio turnover (%) | 25 | 59 | 81 | 120 | 71 | 66 |
1 | Six months ended 2-28-22. 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 | Less than $500,000. |
7 | Annualized. |
8 | Includes reimbursement of legal fees of 0.01%. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 53 |
CLASS 1 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $8.29 | $7.88 | $8.28 | $8.42 | $8.44 | $8.47 |
Net investment income2 | 0.17 | 0.33 | 0.38 | 0.42 | 0.37 | 0.40 |
Net realized and unrealized gain (loss) on investments | (0.13) | 0.35 | (0.36) | (0.14) | (0.01) | — |
Total from investment operations | 0.04 | 0.68 | 0.02 | 0.28 | 0.36 | 0.40 |
Less distributions | ||||||
From net investment income | (0.20) | (0.27) | (0.42) | (0.42) | (0.38) | (0.43) |
Net asset value, end of period | $8.13 | $8.29 | $7.88 | $8.28 | $8.42 | $8.44 |
Total return (%)3 | 0.534 | 8.74 | 0.29 | 3.39 | 4.37 | 4.84 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $16 | $15 | $16 | $27 | $30 | $30 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.785 | 0.81 | 0.856 | 0.84 | 0.83 | 0.81 |
Expenses including reductions | 0.705 | 0.70 | 0.696 | 0.75 | 0.82 | 0.80 |
Net investment income | 4.145 | 4.04 | 4.82 | 5.07 | 4.36 | 4.63 |
Portfolio turnover (%) | 25 | 59 | 81 | 120 | 71 | 66 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Annualized. |
6 | Includes reimbursement of legal fees of 0.01%. |
54 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $8.30 | $7.89 | $8.29 | $8.44 | $8.45 | $8.48 |
Net investment income2 | 0.17 | 0.33 | 0.38 | 0.42 | 0.37 | 0.40 |
Net realized and unrealized gain (loss) on investments | (0.12) | 0.35 | (0.36) | (0.15) | 0.01 | 0.01 |
Total from investment operations | 0.05 | 0.68 | 0.02 | 0.27 | 0.38 | 0.41 |
Less distributions | ||||||
From net investment income | (0.21) | (0.27) | (0.42) | (0.42) | (0.39) | (0.44) |
Net asset value, end of period | $8.14 | $8.30 | $7.89 | $8.29 | $8.44 | $8.45 |
Total return (%)3 | 0.554 | 8.78 | 0.34 | 3.32 | 4.55 | 4.89 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $968 | $1,001 | $583 | $648 | $865 | $1,202 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 0.735 | 0.76 | 0.806 | 0.79 | 0.78 | 0.76 |
Expenses including reductions | 0.665 | 0.66 | 0.656 | 0.71 | 0.77 | 0.75 |
Net investment income | 4.165 | 4.03 | 4.80 | 5.08 | 4.41 | 4.71 |
Portfolio turnover (%) | 25 | 59 | 81 | 120 | 71 | 66 |
1 | Six months ended 2-28-22. Unaudited. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Annualized. |
6 | Includes reimbursement of legal fees of 0.01%. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 55 |
56 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Term loans | $1,710,436,272 | — | $1,709,521,542 | $914,730 |
Corporate bonds | 254,053,584 | — | 254,053,584 | — |
Asset backed securities | 32,508,305 | — | 32,508,305 | — |
Common stocks | 6,731,937 | — | 6,666,828 | 65,109 |
Short-term investments | 176,579,511 | $176,579,511 | — | — |
Total investments in securities | $2,180,309,609 | $176,579,511 | $2,002,750,259 | $979,839 |
Derivatives: | ||||
Assets | ||||
Forward foreign currency contracts | $5,067,825 | — | $5,067,825 | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 57 |
58 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 59 |
60 | JOHN HANCOCK Floating Rate Income 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 | $5,067,825 | — |
Statement of operations location - Net realized gain (loss) on: | |
Risk | Forward foreign currency contracts |
Currency | $3,289,536 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Forward foreign currency contracts |
Currency | $4,200,884 |
SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 61 |
62 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT |
Class | Expense reduction |
Class A | $53,621 |
Class C | 8,301 |
Class I | 112,655 |
Class R6 | 127,001 |
Class | Expense reduction |
Class 1 | $5,721 |
Class NAV | 304,756 |
Total | $612,055 |
Class | Rule 12b-1 Fee |
Class A | 0.25% |
Class C | 1.00% |
Class 1 | 0.05% |
SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 63 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $160,020 | $71,376 |
Class C | 100,270 | 11,191 |
Class I | — | 198,727 |
Class R6 | — | 15,258 |
Class 1 | 3,853 | — |
Total | $264,143 | $296,552 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 5,752,596 | $47,573,531 | 6,859,380 | $56,094,739 |
Distributions reinvested | 348,399 | 2,871,550 | 343,695 | 2,804,607 |
Repurchased | (2,478,891) | (20,480,755) | (4,218,044) | (34,506,914) |
Net increase | 3,622,104 | $29,964,326 | 2,985,031 | $24,392,432 |
Class B shares | ||||
Sold | — | — | 45 | $354 |
Distributions reinvested | — | — | 503 | 3,982 |
Repurchased | — | — | (239,238) | (1,903,818) |
Net decrease | — | — | (238,690) | $(1,899,482) |
Class C shares | ||||
Sold | 427,549 | $3,536,742 | 370,023 | $3,065,141 |
Distributions reinvested | 46,394 | 383,844 | 77,706 | 633,059 |
Repurchased | (635,111) | (5,283,913) | (2,810,979) | (22,872,097) |
Net decrease | (161,168) | $(1,363,327) | (2,363,250) | $(19,173,897) |
64 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class I shares | ||||
Sold | 38,184,099 | $315,084,101 | 28,912,821 | $238,039,224 |
Distributions reinvested | 1,070,435 | 8,807,282 | 380,816 | 3,126,902 |
Repurchased | (4,753,551) | (39,232,836) | (5,081,504) | (41,389,729) |
Net increase | 34,500,983 | $284,658,547 | 24,212,133 | $199,776,397 |
Class R6 shares | ||||
Sold | 8,819,202 | $72,796,246 | 42,926,197 | $353,304,450 |
Distributions reinvested | 1,106,919 | 9,125,493 | 418,380 | 3,464,169 |
Repurchased | (1,903,035) | (15,688,198) | (2,348,101) | (19,008,996) |
Net increase | 8,023,086 | $66,233,541 | 40,996,476 | $337,759,623 |
Class 1 shares | ||||
Sold | 557,330 | $4,600,804 | 961,072 | $7,863,511 |
Distributions reinvested | 46,188 | 380,372 | 62,794 | 511,178 |
Repurchased | (499,613) | (4,134,435) | (1,224,731) | (9,968,715) |
Net increase (decrease) | 103,905 | $846,741 | (200,865) | $(1,594,026) |
Class NAV shares | ||||
Sold | 2,791,909 | $23,064,038 | 46,644,623 | $384,523,749 |
Distributions reinvested | 2,960,544 | 24,412,380 | 3,020,730 | 24,702,509 |
Repurchased | (7,547,502) | (62,570,074) | (2,882,076) | (23,127,026) |
Net increase (decrease) | (1,795,049) | $(15,093,656) | 46,783,277 | $386,099,232 |
Total net increase | 44,293,861 | $365,246,172 | 112,174,112 | $925,360,279 |
Redesignation | Effective date | Amount |
Class B shares as Class A shares | October 14, 2020 | $1,780,295 |
SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 65 |
Fund | Affiliated Concentration |
JHF II Multimanager Lifestyle Balanced Portfolio | 17.1% |
JHF II Multimanager Lifestyle Growth Portfolio | 10.1% |
JHF II Multimanager Lifestyle Conservative Portfolio | 7.7% |
JHF II Multimanager Lifestyle Moderate Portfolio | 7.2% |
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* | 899,790 | $19,438,612 | $67,831,494 | $(78,261,569) | $(4,448) | $(4,835) | $31,422 | $4,459 | $8,999,254 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
66 | JOHN HANCOCK Floating Rate Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Floating Rate Income Fund | 67 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Kim Harris
Nate Whittier
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
68 | JOHN HANCOCK FLOATING RATE INCOME FUND | SEMIANNUAL REPORT |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2071526 | 328SA 2/22 |
President and CEO,
John Hancock Investment Management
Head of Wealth and Asset Management,
United States and Europe
SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 1 |
2 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 3 |
COUNTRY COMPOSITION AS OF 2/28/2022 (% of total investments) | |
United States | 50.2 |
South Korea | 7.3 |
Brazil | 5.4 |
Japan | 5.3 |
New Zealand | 2.9 |
Norway | 2.5 |
Cayman Islands | 2.2 |
Israel | 2.2 |
Iceland | 2.1 |
Australia | 2.0 |
Other countries | 17.9 |
TOTAL | 100.0 |
4 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | ||||||
1-year | 5-year | 10-year | 6-month | 5-year | 10-year | as of 2-28-22 | as of 2-28-22 | ||
Class A1 | -10.41 | 1.96 | 1.43 | -12.21 | 10.22 | 15.27 | 2.95 | 2.61 | |
Class C1 | -7.15 | 2.90 | 1.90 | -8.86 | 15.39 | 20.69 | 2.34 | 1.98 | |
Class I1,2 | -5.56 | 3.05 | 1.97 | -7.49 | 16.20 | 21.53 | 3.31 | 2.98 | |
Class R61,2 | -5.45 | 3.07 | 1.98 | -7.46 | 16.33 | 21.67 | 3.47 | 3.11 | |
Class 12 | -5.57 | 3.05 | 1.97 | -7.50 | 16.19 | 21.52 | 3.43 | 3.06 | |
Index 1†† | -2.19 | 2.69 | 3.05 | -3.76 | 14.18 | 35.02 | — | — | |
Index 2†† | -5.32 | 2.36 | 1.28 | -5.57 | 12.37 | 13.54 | — | — |
Class A | Class C | Class I | Class R6 | Class 1 | |
Gross (%) | 1.69 | 2.44 | 1.44 | 1.34 | 1.38 |
Net (%) | 1.19 | 1.94 | 0.94 | 0.84 | 0.88 |
SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 5 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | |
Class C1,3 | 2-29-12 | 12,069 | 12,069 | 13,502 | 11,354 |
Class I1,2 | 2-29-12 | 12,153 | 12,153 | 13,502 | 11,354 |
Class R61,2 | 2-29-12 | 12,167 | 12,167 | 13,502 | 11,354 |
Class 12 | 2-29-12 | 12,152 | 12,152 | 13,502 | 11,354 |
1 | Class A, Class C, Class I, and Class R6 shares were first offered on 6-4-21. 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 fund’s prospectuses. |
3 | The contingent deferred sales charge is not applicable. |
6 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 7 |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $924.10 | $5.53 | 1.16% |
Hypothetical example | 1,000.00 | 1,019.00 | 5.81 | 1.16% | |
Class C | Actual expenses/actual returns | 1,000.00 | 920.60 | 9.10 | 1.91% |
Hypothetical example | 1,000.00 | 1,015.30 | 9.54 | 1.91% | |
Class I | Actual expenses/actual returns | 1,000.00 | 925.10 | 4.34 | 0.91% |
Hypothetical example | 1,000.00 | 1,020.30 | 4.56 | 0.91% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 925.40 | 3.87 | 0.81% |
Hypothetical example | 1,000.00 | 1,020.80 | 4.06 | 0.81% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 925.00 | 4.06 | 0.85% |
Hypothetical example | 1,000.00 | 1,020.60 | 4.26 | 0.85% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
8 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government and Agency obligations 9.6% | $15,305,989 | ||||
(Cost $15,613,890) | |||||
U.S. Government 4.1% | 6,487,862 | ||||
U.S. Treasury | |||||
Treasury Inflation Protected Security (A) | 0.125 | 04-15-26 | 1,626,390 | 1,735,187 | |
Treasury Inflation Protected Security (A) | 0.125 | 02-15-51 | 3,608,428 | 3,879,553 | |
Treasury Inflation Protected Security (A) | 0.250 | 02-15-50 | 596,371 | 657,778 | |
Treasury Inflation Protected Security | 0.750 | 02-15-45 | 71,030 | 85,314 | |
Treasury Inflation Protected Security (A) | 0.875 | 02-15-47 | 103,937 | 130,030 | |
U.S. Government Agency 5.5% | 8,818,127 | ||||
Federal National Mortgage Association | |||||
30 Yr Pass Thru (B) | 2.500 | TBA | 4,020,000 | 3,965,352 | |
30 Yr Pass Thru (B) | 2.500 | TBA | 4,930,000 | 4,852,775 | |
Foreign government obligations 45.7% | $72,980,411 | ||||
(Cost $81,943,636) | |||||
Argentina 0.1% | 70,540 | ||||
Republic of Argentina | |||||
Bond | 1.000 | 07-09-29 | 7,467 | 2,464 | |
Bond (1.125% to 7-9-22, then 1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter) | 1.125 | 07-09-35 | 229,987 | 68,076 | |
Australia 2.1% | 3,338,794 | ||||
Commonwealth of Australia | |||||
Bond | 0.250 | 11-21-32 | AUD | 1,870,000 | 1,440,432 |
Inflation Linked Bond | 0.820 | 11-21-27 | AUD | 2,215,000 | 1,898,362 |
Benin 0.2% | 330,909 | ||||
Republic of Benin | |||||
Bond | 4.950 | 01-22-35 | EUR | 345,000 | 330,909 |
Brazil 5.7% | 9,056,946 | ||||
Federative Republic of Brazil | |||||
Note | 6.000 | 05-15-55 | BRL | 1,864,000 | 1,455,748 |
Note | 10.000 | 01-01-25 | BRL | 3,283,000 | 617,149 |
Note | 10.000 | 01-01-29 | BRL | 38,287,000 | 6,984,049 |
Bulgaria 0.2% | 385,691 | ||||
Republic of Bulgaria |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 9 |
Rate (%) | Maturity date | Par value^ | Value | ||
Bulgaria (continued) | |||||
Bond | 1.375 | 09-23-50 | EUR | 450,000 | $385,691 |
Chile 1.6% | 2,620,569 | ||||
Republic of Chile | |||||
Bond | 1.900 | 09-01-30 | CLP | 1,892,352,000 | 2,355,725 |
Bond | 5.000 | 03-01-35 | CLP | 140,000,000 | 167,152 |
CPI Linked Bond | 1.250 | 01-22-51 | EUR | 120,000 | 97,692 |
Colombia 0.8% | 1,250,554 | ||||
Republic of Colombia | |||||
Bond | 3.875 | 03-22-26 | EUR | 145,000 | 168,711 |
Bond | 3.875 | 02-15-61 | 745,000 | 534,917 | |
Bond | 6.125 | 01-18-41 | 260,000 | 251,846 | |
Bond | 7.000 | 03-26-31 | COP | 1,357,400,000 | 295,080 |
Croatia 0.6% | 930,424 | ||||
Republic of Croatia | |||||
Bond | 1.125 | 03-04-33 | EUR | 110,000 | 106,779 |
Bond | 1.500 | 06-17-31 | EUR | 565,000 | 579,341 |
Bond | 1.750 | 03-04-41 | EUR | 255,000 | 244,304 |
Czech Republic 0.2% | 357,800 | ||||
Czech Republic | |||||
Bond | 2.500 | 08-25-28 | CZK | 8,330,000 | 357,800 |
Dominican Republic 0.3% | 456,610 | ||||
Government of Dominican Republic | |||||
Bond | 4.875 | 09-23-32 | 340,000 | 309,403 | |
Bond (C) | 6.000 | 02-22-33 | 150,000 | 147,207 | |
Egypt 0.4% | 664,077 | ||||
Arab Republic of Egypt | |||||
Bond | 7.903 | 02-21-48 | 820,000 | 604,256 | |
Bond | 14.563 | 07-06-26 | EGP | 930,000 | 59,821 |
El Salvador 0.1% | 73,875 | ||||
Republic of El Salvador | |||||
Bond | 7.125 | 01-20-50 | 150,000 | 73,875 | |
Greece 0.1% | 133,687 | ||||
Republic of Greece | |||||
GDP-Linked Note (D) | 4.484* | 10-15-42 | EUR | 119,230,000 | 133,687 |
Hong Kong 0.1% | 197,106 | ||||
Airport Authority HK | |||||
Bond (C) | 3.250 | 01-12-52 | 210,000 | 197,106 | |
Hungary 0.7% | 1,183,965 | ||||
Republic of Hungary | |||||
Bond | 1.500 | 11-17-50 | EUR | 445,000 | 374,228 |
Bond | 1.625 | 04-28-32 | EUR | 110,000 | 115,863 |
Bond | 1.750 | 06-05-35 | EUR | 430,000 | 437,788 |
10 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Hungary (continued) | |||||
Bond | 3.000 | 10-27-27 | HUF | 95,370,000 | $256,086 |
Iceland 2.2% | 3,499,738 | ||||
Republic of Iceland | |||||
Bond | 5.000 | 11-15-28 | ISK | 431,960,000 | 3,499,738 |
Indonesia 0.9% | 1,455,557 | ||||
Republic of Indonesia | |||||
Bond | 1.400 | 10-30-31 | EUR | 670,000 | 689,619 |
Bond | 7.000 | 09-15-30 | IDR | 10,683,000,000 | 765,938 |
Israel 2.3% | 3,731,233 | ||||
State of Israel | |||||
Bond | 3.750 | 03-31-47 | ILS | 10,104,544 | 3,731,233 |
Ivory Coast 0.3% | 486,731 | ||||
Republic of Ivory Coast | |||||
Bond | 4.875 | 01-30-32 | EUR | 200,000 | 190,666 |
Bond | 6.625 | 03-22-48 | EUR | 310,000 | 296,065 |
Japan 5.5% | 8,735,501 | ||||
Government of Japan | |||||
CPI Linked Bond | 0.100 | 03-10-28 | JPY | 478,950,029 | 4,332,276 |
CPI Linked Bond | 0.100 | 03-10-29 | JPY | 485,626,176 | 4,403,225 |
Macedonia 0.2% | 369,066 | ||||
Republic of North Macedonia | |||||
Bond | 1.625 | 03-10-28 | EUR | 200,000 | 201,736 |
Bond | 2.750 | 01-18-25 | EUR | 150,000 | 167,330 |
Malaysia 0.4% | 664,348 | ||||
Government of Malaysia | |||||
Bond | 3.885 | 08-15-29 | MYR | 2,750,000 | 664,348 |
Mexico 1.6% | 2,620,205 | ||||
Government of Mexico | |||||
Bond | 1.450 | 10-25-33 | EUR | 120,000 | 111,636 |
Bond | 1.750 | 04-17-28 | EUR | 105,000 | 112,846 |
Bond | 2.125 | 10-25-51 | EUR | 300,000 | 237,043 |
Bond | 3.375 | 02-23-31 | EUR | 100,000 | 116,107 |
Bond | 3.625 | 04-09-29 | EUR | 145,000 | 173,092 |
Bond | 4.000 | 11-15-40 | MXN | 12,943,016 | 648,257 |
Bond | 5.000 | 04-27-51 | 400,000 | 405,844 | |
Bond | 8.000 | 11-07-47 | MXN | 3,114,300 | 148,804 |
Bond | 8.500 | 05-31-29 | MXN | 13,188,700 | 666,576 |
Morocco 0.5% | 768,877 | ||||
Kingdom of Morocco | |||||
Bond | 1.500 | 11-27-31 | EUR | 620,000 | 573,034 |
Bond | 2.000 | 09-30-30 | EUR | 200,000 | 195,843 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
New Zealand 3.1% | $4,956,929 | ||||
Government of New Zealand | |||||
Bond | 1.500 | 05-15-31 | NZD | 145,000 | 88,272 |
Bond | 2.750 | 05-15-51 | NZD | 1,320,000 | 838,362 |
Inflation Linked Bond | 2.789 | 09-20-40 | NZD | 380,000 | 364,019 |
Inflation Linked Bond | 2.818 | 09-20-35 | NZD | 210,000 | 194,696 |
Inflation Linked Bond | 3.435 | 09-20-30 | NZD | 3,735,000 | 3,471,580 |
Norway 2.6% | 4,200,995 | ||||
Kingdom of Norway | |||||
Bond (C) | 1.375 | 08-19-30 | NOK | 18,230,000 | 1,972,134 |
Bond (C) | 1.750 | 09-06-29 | NOK | 19,940,000 | 2,228,861 |
Panama 0.4% | 635,253 | ||||
Republic of Panama | |||||
Bond | 4.500 | 04-01-56 | 200,000 | 193,196 | |
Bond | 4.500 | 01-19-63 | 465,000 | 442,057 | |
Paraguay 0.1% | 197,002 | ||||
Republic of Paraguay | |||||
Bond | 5.400 | 03-30-50 | 200,000 | 197,002 | |
Peru 0.2% | 378,361 | ||||
Republic of Peru | |||||
Bond | 1.950 | 11-17-36 | EUR | 215,000 | 208,504 |
Bond | 6.950 | 08-12-31 | PEN | 610,000 | 169,857 |
Philippines 0.3% | 422,829 | ||||
Republic of the Philippines | |||||
Bond | 1.750 | 04-28-41 | EUR | 435,000 | 422,829 |
Poland 0.3% | 546,260 | ||||
Republic of Poland | |||||
Bond | 0.250 | 10-25-26 | PLN | 2,730,000 | 546,260 |
Romania 1.0% | 1,509,961 | ||||
Republic of Romania | |||||
Bond (C) | 2.625 | 12-02-40 | EUR | 120,000 | 99,038 |
Bond (C) | 2.750 | 04-14-41 | EUR | 360,000 | 297,071 |
Bond | 3.375 | 01-28-50 | EUR | 740,000 | 636,814 |
Bond | 3.650 | 07-28-25 | RON | 1,070,000 | 230,102 |
Bond (C) | 3.750 | 02-07-34 | EUR | 130,000 | 133,139 |
Bond | 3.875 | 10-29-35 | EUR | 110,000 | 113,797 |
Russia 0.8% | 1,339,445 | ||||
Government of Russia | |||||
Bond | 5.900 | 03-12-31 | RUB | 256,290,000 | 794,280 |
Bond | 6.000 | 10-06-27 | RUB | 48,970,000 | 194,388 |
Bond | 6.900 | 05-23-29 | RUB | 71,950,000 | 261,891 |
Bond | 7.050 | 01-19-28 | RUB | 3,775,000 | 15,604 |
Bond | 7.650 | 04-10-30 | RUB | 18,970,000 | 73,282 |
12 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Saudi Arabia 0.3% | $457,083 | ||||
Kingdom of Saudi Arabia | |||||
Bond (C) | 2.250 | 02-02-33 | 486,000 | 457,083 | |
Senegal 0.2% | 304,474 | ||||
Republic of Senegal | |||||
Bond | 5.375 | 06-08-37 | EUR | 330,000 | 304,474 |
Serbia 0.5% | 779,933 | ||||
Republic of Serbia | |||||
Bond | 1.500 | 06-26-29 | EUR | 280,000 | 268,000 |
Bond | 1.650 | 03-03-33 | EUR | 230,000 | 199,315 |
Bond | 2.050 | 09-23-36 | EUR | 375,000 | 312,618 |
South Africa 0.4% | 594,635 | ||||
Republic of South Africa | |||||
Bond | 8.250 | 03-31-32 | ZAR | 10,180,000 | 594,635 |
South Korea 7.8% | 12,473,660 | ||||
Republic of Korea | |||||
Bond | 1.375 | 12-10-29 | KRW | 11,576,020,000 | 8,773,877 |
Bond | 1.375 | 06-10-30 | KRW | 265,560,000 | 200,221 |
Bond | 2.000 | 06-10-31 | KRW | 1,024,580,000 | 805,822 |
Bond | 2.375 | 12-10-31 | KRW | 302,630,000 | 244,643 |
Inflation Linked Bond | 1.125 | 06-10-30 | KRW | 2,569,464,326 | 2,162,389 |
Inflation Linked Bond | 1.750 | 06-10-28 | KRW | 328,983,997 | 286,708 |
Thailand 0.5% | 714,607 | ||||
Kingdom of Thailand | |||||
Bond | 1.600 | 12-17-29 | THB | 23,990,000 | 714,607 |
Turkey 0.1% | 82,594 | ||||
Republic of Turkey | |||||
Bond | 12.600 | 10-01-25 | TRY | 1,550,000 | 82,594 |
Uruguay 0.0% | 3,587 | ||||
Republic of Uruguay | |||||
Bond | 8.500 | 03-15-28 | UYU | 150,000 | 3,587 |
Corporate bonds 19.3% | $30,902,037 | ||||
(Cost $32,311,759) | |||||
Austria 0.2% | 238,524 | ||||
Klabin Austria GmbH (C) | 7.000 | 04-03-49 | 230,000 | 238,524 | |
Brazil 0.1% | 214,289 | ||||
StoneCo, Ltd. | 3.950 | 06-16-28 | 200,000 | 158,100 | |
Suzano Austria GmbH | 3.750 | 01-15-31 | 60,000 | 56,189 | |
Canada 0.2% | 263,336 | ||||
goeasy, Ltd. (C) | 4.375 | 05-01-26 | 133,000 | 130,586 | |
NOVA Chemicals Corp. (C) | 4.250 | 05-15-29 | 90,000 | 84,337 | |
Open Text Corp. (C) | 3.875 | 02-15-28 | 50,000 | 48,413 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Cayman Islands 0.1% | $114,431 | ||||
Seagate HDD Cayman | 3.375 | 07-15-31 | 60,000 | 54,657 | |
Spirit Loyalty Cayman, Ltd. (C) | 8.000 | 09-20-25 | 55,000 | 59,774 | |
China 0.1% | 80,000 | ||||
KWG Group Holdings, Ltd. | 6.000 | 08-14-26 | 200,000 | 80,000 | |
Finland 0.0% | 23,900 | ||||
Nokia OYJ | 6.625 | 05-15-39 | 20,000 | 23,900 | |
France 0.8% | 1,257,157 | ||||
Chrome Bidco SASU | 3.500 | 05-31-28 | EUR | 160,000 | 166,757 |
Constellium SE | 3.125 | 07-15-29 | EUR | 160,000 | 162,583 |
Societe Generale SA (4.027% to 1-21-42, then 1 Year CMT + 1.900%) (C) | 4.027 | 01-21-43 | 200,000 | 181,895 | |
TotalEnergies Capital International SA | 1.618 | 05-18-40 | EUR | 100,000 | 105,624 |
TotalEnergies SE (2.125% to 1-25-33, then 5 Year Euro Swap Rate + 2.513% to 1-25-53, then 5 Year Euro Swap Rate + 3.263%) (E) | 2.125 | 07-25-32 | EUR | 240,000 | 234,117 |
Valeo | 1.000 | 08-03-28 | EUR | 400,000 | 406,181 |
Germany 0.2% | 302,147 | ||||
Allianz SE (2.625% to 4-30-31, then 5 Year Euro Swap Rate + 2.770%) (E) | 2.625 | 10-30-30 | EUR | 200,000 | 200,704 |
Muenchener Rueckversicherungs-Gesellschaft AG (1.250% to 5-26-31, then 3 month EURIBOR + 2.550%) | 1.250 | 05-26-41 | EUR | 100,000 | 101,443 |
Indonesia 0.1% | 224,560 | ||||
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 6.250 | 01-25-49 | 200,000 | 224,560 | |
Italy 0.4% | 715,787 | ||||
Assicurazioni Generali SpA | 2.429 | 07-14-31 | EUR | 510,000 | 542,912 |
IMA Industria Macchine Automatiche SpA | 3.750 | 01-15-28 | EUR | 165,000 | 172,875 |
Japan 0.2% | 357,846 | ||||
Takeda Pharmaceutical Company, Ltd. | 3.175 | 07-09-50 | 200,000 | 179,122 | |
Takeda Pharmaceutical Company, Ltd. | 3.375 | 07-09-60 | 200,000 | 178,724 | |
Luxembourg 0.1% | 226,796 | ||||
Arena Luxembourg Finance Sarl | 1.875 | 02-01-28 | EUR | 120,000 | 115,411 |
14 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Luxembourg (continued) | |||||
Swiss Re Finance Luxembourg SA (2.534% to 4-30-30, then 1 Year EURIBOR ICE Swap Rate + 2.850%) | 2.534 | 04-30-50 | EUR | 100,000 | $111,385 |
Macau 0.1% | 235,053 | ||||
Wynn Macau, Ltd. (C) | 5.625 | 08-26-28 | 270,000 | 235,053 | |
Malaysia 0.1% | 176,720 | ||||
Petronas Capital, Ltd. | 3.404 | 04-28-61 | 200,000 | 176,720 | |
Malta 0.1% | 167,471 | ||||
VistaJet Malta Finance PLC (C) | 6.375 | 02-01-30 | 176,000 | 167,471 | |
Mexico 0.1% | 229,657 | ||||
Comision Federal de Electricidad (C) | 6.264 | 02-15-52 | 230,000 | 229,657 | |
Netherlands 0.7% | 1,077,213 | ||||
Prosus NV (C) | 4.987 | 01-19-52 | 200,000 | 178,006 | |
Q-Park Holding I BV | 2.000 | 03-01-27 | EUR | 170,000 | 167,450 |
Telefonica Europe BV (2.376% to 5-12-29, then 8 Year Euro Swap Rate + 2.616% to 2-12-31, then 8 Year Euro Swap Rate + 2.866%) (E) | 2.376 | 02-12-29 | EUR | 200,000 | 193,675 |
Teva Pharmaceutical Finance Netherlands II BV | 4.375 | 05-09-30 | EUR | 350,000 | 364,190 |
Wintershall Dea Finance 2 BV (3.000% to 1-20-29, then 5 Year Euro Swap Rate + 3.319% to 1-20-34, then 5 Year Euro Swap Rate + 4.319%) (E) | 3.000 | 07-20-28 | EUR | 200,000 | 173,892 |
Switzerland 0.2% | 273,154 | ||||
Credit Suisse Group AG | 4.875 | 05-15-45 | 250,000 | 273,154 | |
United Kingdom 0.1% | 113,613 | ||||
Vodafone Group PLC | 2.500 | 05-24-39 | EUR | 100,000 | 113,613 |
United States 15.4% | 24,610,383 | ||||
Acrisure LLC (C) | 6.000 | 08-01-29 | 62,000 | 55,898 | |
Acrisure LLC (C) | 7.000 | 11-15-25 | 131,000 | 130,489 | |
Alcon Finance Corp. (C) | 3.800 | 09-23-49 | 200,000 | 195,223 | |
Alliant Holdings Intermediate LLC (C) | 6.750 | 10-15-27 | 130,000 | 127,075 | |
Altria Group, Inc. | 3.125 | 06-15-31 | EUR | 170,000 | 192,927 |
American Airlines, Inc. (C) | 5.750 | 04-20-29 | 110,000 | 112,455 | |
Amgen, Inc. | 3.000 | 01-15-52 | 140,000 | 119,880 | |
AmWINS Group, Inc. (C) | 4.875 | 06-30-29 | 30,000 | 28,575 | |
Antero Midstream Partners LP (C) | 5.375 | 06-15-29 | 83,000 | 83,415 | |
Antero Resources Corp. (C) | 5.375 | 03-01-30 | 81,000 | 82,519 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
Antero Resources Corp. (C) | 8.375 | 07-15-26 | 55,000 | $60,363 | |
Anthem, Inc. | 3.600 | 03-15-51 | 220,000 | 215,948 | |
Aon Corp. | 2.900 | 08-23-51 | 245,000 | 210,446 | |
Aon Corp. | 3.900 | 02-28-52 | 35,000 | 35,144 | |
APX Group, Inc. (C) | 5.750 | 07-15-29 | 92,000 | 82,449 | |
Aramark Services, Inc. (C) | 6.375 | 05-01-25 | 155,000 | 160,503 | |
Arches Buyer, Inc. (C) | 6.125 | 12-01-28 | 165,000 | 155,100 | |
AssuredPartners, Inc. (C) | 5.625 | 01-15-29 | 63,000 | 57,947 | |
At Home Group, Inc. (C) | 7.125 | 07-15-29 | 133,000 | 118,038 | |
Bank of America Corp. (2.831% to 10-24-50, then SOFR + 1.880%) | 2.831 | 10-24-51 | 60,000 | 52,476 | |
Bank of America Corp. (2.482% to 9-21-31, then 5 Year CMT + 1.200%) | 2.482 | 09-21-36 | 120,000 | 108,929 | |
Bank of America Corp. (2.972% to 2-4-32, then SOFR + 1.330%) | 2.972 | 02-04-33 | 140,000 | 137,148 | |
Bausch Health Companies, Inc. (C) | 4.875 | 06-01-28 | 60,000 | 57,634 | |
Bausch Health Companies, Inc. (C) | 5.000 | 01-30-28 | 63,000 | 52,763 | |
Baxter International, Inc. (C) | 3.132 | 12-01-51 | 130,000 | 116,589 | |
BCPE Ulysses Intermediate, Inc. (7.750% Cash or 8.500% PIK) (C) | 7.750 | 04-01-27 | 82,000 | 76,260 | |
Becton, Dickinson and Company | 3.794 | 05-20-50 | 110,000 | 110,093 | |
Berkshire Hathaway Finance Corp. | 4.250 | 01-15-49 | 100,000 | 111,501 | |
Black Knight InfoServ LLC (C) | 3.625 | 09-01-28 | 290,000 | 274,523 | |
Blackstone Holdings Finance Company LLC (C) | 3.200 | 01-30-52 | 230,000 | 207,184 | |
Block, Inc. (C) | 3.500 | 06-01-31 | 120,000 | 112,685 | |
Blue Racer Midstream LLC (C) | 7.625 | 12-15-25 | 60,000 | 63,075 | |
Booz Allen Hamilton, Inc. (C) | 4.000 | 07-01-29 | 95,000 | 93,738 | |
Boston Scientific Corp. | 4.700 | 03-01-49 | 95,000 | 107,948 | |
Boyd Gaming Corp. (C) | 8.625 | 06-01-25 | 62,000 | 65,255 | |
Bristol-Myers Squibb Company (B) | 3.550 | 03-15-42 | 30,000 | 30,564 | |
Bristol-Myers Squibb Company (B) | 3.700 | 03-15-52 | 140,000 | 144,313 | |
Bristol-Myers Squibb Company | 4.550 | 02-20-48 | 185,000 | 214,607 | |
Broadcom, Inc. | 4.300 | 11-15-32 | 140,000 | 147,505 | |
Buckeye Partners LP | 5.850 | 11-15-43 | 190,000 | 165,526 | |
Builders FirstSource, Inc. (C) | 4.250 | 02-01-32 | 90,000 | 86,392 | |
Builders FirstSource, Inc. (C) | 5.000 | 03-01-30 | 290,000 | 297,037 | |
Caesars Entertainment, Inc. (C) | 8.125 | 07-01-27 | 135,000 | 145,527 | |
Carnival Corp. (C) | 6.000 | 05-01-29 | 165,000 | 160,205 | |
Carnival Corp. (C) | 7.625 | 03-01-26 | 110,000 | 113,079 | |
CCO Holdings LLC (C) | 5.375 | 06-01-29 | 159,000 | 161,485 | |
Charles River Laboratories International, Inc. (C) | 4.000 | 03-15-31 | 90,000 | 86,175 |
16 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
Charter Communications Operating LLC | 3.700 | 04-01-51 | 225,000 | $188,765 | |
Charter Communications Operating LLC | 3.900 | 06-01-52 | 185,000 | 160,904 | |
Chubb INA Holdings, Inc. | 3.050 | 12-15-61 | 110,000 | 98,261 | |
Cigna Corp. | 3.400 | 03-15-50 | 120,000 | 109,772 | |
Citigroup, Inc. (3.057% to 1-25-32, then SOFR + 1.351%) | 3.057 | 01-25-33 | 100,000 | 98,585 | |
Citigroup, Inc. | 4.650 | 07-23-48 | 45,000 | 52,601 | |
Citigroup, Inc. (4.700% to 1-30-25, then SOFR + 3.234%) (E) | 4.700 | 01-30-25 | 79,000 | 77,325 | |
Clearway Energy Operating LLC (C) | 3.750 | 02-15-31 | 185,000 | 172,114 | |
Community Health Systems, Inc. (C) | 4.750 | 02-15-31 | 60,000 | 56,475 | |
Community Health Systems, Inc. (C) | 6.000 | 01-15-29 | 60,000 | 60,075 | |
Compass Group Diversified Holdings LLC (C) | 5.250 | 04-15-29 | 163,000 | 157,561 | |
Consolidated Communications, Inc. (C) | 6.500 | 10-01-28 | 159,000 | 158,205 | |
Consolidated Edison Company of New York, Inc. | 4.300 | 12-01-56 | 90,000 | 94,363 | |
Cox Communications, Inc. (C) | 2.950 | 10-01-50 | 260,000 | 214,196 | |
Crown Castle International Corp. | 4.150 | 07-01-50 | 110,000 | 110,162 | |
CSC Holdings LLC (C) | 4.125 | 12-01-30 | 200,000 | 179,584 | |
Cummins, Inc. | 2.600 | 09-01-50 | 120,000 | 99,417 | |
Dave & Buster’s, Inc. (C) | 7.625 | 11-01-25 | 58,000 | 60,755 | |
Dick’s Sporting Goods, Inc. | 4.100 | 01-15-52 | 115,000 | 100,640 | |
DISH DBS Corp. | 5.125 | 06-01-29 | 40,000 | 33,750 | |
Duke Energy Carolinas LLC | 3.950 | 03-15-48 | 50,000 | 51,949 | |
Embarq Corp. | 7.995 | 06-01-36 | 55,000 | 54,313 | |
Enact Holdings, Inc. (C) | 6.500 | 08-15-25 | 80,000 | 82,792 | |
EnLink Midstream LLC (C) | 5.625 | 01-15-28 | 132,000 | 133,320 | |
EQM Midstream Partners LP (C) | 4.750 | 01-15-31 | 185,000 | 173,438 | |
EQT Corp. | 7.500 | 02-01-30 | 145,000 | 172,950 | |
FirstCash, Inc. (C) | 4.625 | 09-01-28 | 338,000 | 319,099 | |
FirstCash, Inc. (C) | 5.625 | 01-01-30 | 155,000 | 153,915 | |
Flex, Ltd. | 4.875 | 05-12-30 | 130,000 | 141,799 | |
Freedom Mortgage Corp. (C) | 6.625 | 01-15-27 | 190,000 | 175,275 | |
Freedom Mortgage Corp. (C) | 7.625 | 05-01-26 | 165,000 | 158,400 | |
Frontier Communications Holdings LLC (C) | 5.875 | 10-15-27 | 60,000 | 60,848 | |
Frontier Communications Holdings LLC (C) | 6.000 | 01-15-30 | 213,000 | 198,410 | |
Frontier Communications Holdings LLC (C) | 6.750 | 05-01-29 | 220,000 | 213,575 | |
Gartner, Inc. (C) | 3.750 | 10-01-30 | 35,000 | 34,048 | |
Genworth Holdings, Inc. | 4.800 | 02-15-24 | 187,000 | 191,991 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
Genworth Holdings, Inc. | 6.500 | 06-15-34 | 60,000 | $59,527 | |
Go Daddy Operating Company LLC (C) | 3.500 | 03-01-29 | 45,000 | 42,623 | |
Great Lakes Dredge & Dock Corp. (C) | 5.250 | 06-01-29 | 170,000 | 170,243 | |
Hawaiian Brand Intellectual Property, Ltd. (C) | 5.750 | 01-20-26 | 163,000 | 165,038 | |
HCA, Inc. | 5.250 | 06-15-49 | 95,000 | 108,065 | |
Hightower Holding LLC (C) | 6.750 | 04-15-29 | 164,000 | 164,000 | |
Hologic, Inc. (C) | 3.250 | 02-15-29 | 170,000 | 161,075 | |
Home Point Capital, Inc. (C) | 5.000 | 02-01-26 | 325,000 | 268,125 | |
HUB International, Ltd. (C) | 5.625 | 12-01-29 | 120,000 | 114,000 | |
HUB International, Ltd. (C) | 7.000 | 05-01-26 | 130,000 | 130,871 | |
Interstate Power & Light Company | 3.100 | 11-30-51 | 115,000 | 101,443 | |
Iron Mountain, Inc. (C) | 4.875 | 09-15-29 | 260,000 | 251,550 | |
Iron Mountain, Inc. (C) | 5.250 | 07-15-30 | 90,000 | 89,301 | |
JPMorgan Chase & Co. (2.580% to 4-22-31, then SOFR + 1.250%) | 2.580 | 04-22-32 | 60,000 | 57,474 | |
JPMorgan Chase & Co. (2.963% to 1-25-32, then SOFR + 1.260%) | 2.963 | 01-25-33 | 115,000 | 113,668 | |
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) (E) | 4.600 | 02-01-25 | 100,000 | 98,200 | |
KLA Corp. | 3.300 | 03-01-50 | 115,000 | 108,624 | |
Ladder Capital Finance Holdings LLLP (C) | 4.250 | 02-01-27 | 188,000 | 183,065 | |
LBM Acquisition LLC (C) | 6.250 | 01-15-29 | 83,000 | 76,912 | |
LD Holdings Group LLC (C) | 6.125 | 04-01-28 | 98,000 | 87,392 | |
LD Holdings Group LLC (C) | 6.500 | 11-01-25 | 60,000 | 57,000 | |
Lennar Corp. | 4.750 | 11-29-27 | 63,000 | 68,489 | |
LFS Topco LLC (C) | 5.875 | 10-15-26 | 80,000 | 79,916 | |
Lowe’s Companies, Inc. | 3.000 | 10-15-50 | 250,000 | 217,253 | |
M/I Homes, Inc. | 3.950 | 02-15-30 | 187,000 | 170,105 | |
MajorDrive Holdings IV LLC (C) | 6.375 | 06-01-29 | 30,000 | 27,134 | |
Matador Resources Company | 5.875 | 09-15-26 | 185,000 | 187,775 | |
Microsoft Corp. | 3.041 | 03-17-62 | 115,000 | 109,753 | |
MidAmerican Energy Company | 4.250 | 07-15-49 | 100,000 | 111,572 | |
Mileage Plus Holdings LLC (C) | 6.500 | 06-20-27 | 60,000 | 63,300 | |
Moody’s Corp. | 2.550 | 08-18-60 | 140,000 | 105,170 | |
Morgan Stanley (2.511% to 10-20-31, then SOFR + 1.200%) | 2.511 | 10-20-32 | 120,000 | 113,302 | |
Morgan Stanley (2.943% to 1-21-32, then SOFR + 1.290%) | 2.943 | 01-21-33 | 35,000 | 34,274 | |
Mozart Debt Merger Sub, Inc. (C) | 5.250 | 10-01-29 | 30,000 | 28,650 | |
MSCI, Inc. (C) | 3.875 | 02-15-31 | 140,000 | 139,367 | |
Nabors Industries, Inc. (C) | 7.375 | 05-15-27 | 40,000 | 41,302 | |
Nielsen Finance LLC (C) | 4.500 | 07-15-29 | 125,000 | 112,299 |
18 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
Nielsen Finance LLC (C) | 5.625 | 10-01-28 | 145,000 | $140,121 | |
Nielsen Finance LLC (C) | 5.875 | 10-01-30 | 190,000 | 184,007 | |
Novartis Capital Corp. | 4.000 | 11-20-45 | 100,000 | 110,124 | |
Novelis Corp. (C) | 4.750 | 01-30-30 | 131,000 | 128,186 | |
Occidental Petroleum Corp. | 3.000 | 02-15-27 | 85,000 | 82,875 | |
Occidental Petroleum Corp. | 6.450 | 09-15-36 | 65,000 | 76,538 | |
Oncor Electric Delivery Company LLC | 3.700 | 05-15-50 | 100,000 | 101,934 | |
OneMain Finance Corp. | 5.375 | 11-15-29 | 185,000 | 186,084 | |
Organon & Company | 2.875 | 04-30-28 | EUR | 100,000 | 104,700 |
Par Pharmaceutical, Inc. (C) | 7.500 | 04-01-27 | 60,000 | 60,099 | |
PennyMac Financial Services, Inc. (C) | 4.250 | 02-15-29 | 350,000 | 313,250 | |
Post Holdings, Inc. (C) | 4.625 | 04-15-30 | 140,000 | 131,804 | |
Presidio Holdings, Inc. (C) | 8.250 | 02-01-28 | 290,000 | 297,076 | |
Prologis Euro Finance LLC | 1.000 | 02-16-41 | EUR | 270,000 | 240,455 |
Range Resources Corp. (C) | 4.750 | 02-15-30 | 15,000 | 14,681 | |
Range Resources Corp. | 8.250 | 01-15-29 | 55,000 | 60,270 | |
Raytheon Technologies Corp. | 2.820 | 09-01-51 | 125,000 | 108,788 | |
Regeneron Pharmaceuticals, Inc. | 2.800 | 09-15-50 | 130,000 | 107,374 | |
Reynolds American, Inc. | 5.850 | 08-15-45 | 270,000 | 292,142 | |
Rocket Mortgage LLC (C) | 3.875 | 03-01-31 | 90,000 | 84,263 | |
Royal Caribbean Cruises, Ltd. (C) | 5.500 | 08-31-26 | 85,000 | 84,598 | |
Royalty Pharma PLC | 3.350 | 09-02-51 | 130,000 | 108,905 | |
salesforce.com, Inc. | 2.900 | 07-15-51 | 120,000 | 108,813 | |
San Diego Gas & Electric Company | 3.320 | 04-15-50 | 30,000 | 28,297 | |
Scripps Escrow II, Inc. (C) | 5.375 | 01-15-31 | 85,000 | 80,835 | |
Service Corp. International | 3.375 | 08-15-30 | 95,000 | 87,315 | |
Service Corp. International | 4.000 | 05-15-31 | 180,000 | 170,550 | |
Signal Parent, Inc. (C) | 6.125 | 04-01-29 | 84,000 | 69,930 | |
Sirius XM Radio, Inc. (C) | 3.875 | 09-01-31 | 350,000 | 322,445 | |
SM Energy Company | 6.500 | 07-15-28 | 135,000 | 138,375 | |
Specialty Building Products Holdings LLC (C) | 6.375 | 09-30-26 | 161,000 | 162,232 | |
Spirit AeroSystems, Inc. (C) | 5.500 | 01-15-25 | 60,000 | 61,658 | |
SRM Escrow Issuer LLC (C) | 6.000 | 11-01-28 | 161,000 | 160,940 | |
SRS Distribution, Inc. (C) | 6.000 | 12-01-29 | 179,000 | 169,155 | |
SRS Distribution, Inc. (C) | 6.125 | 07-01-29 | 172,000 | 164,339 | |
Standard Industries, Inc. (C) | 3.375 | 01-15-31 | 49,000 | 43,365 | |
Standard Industries, Inc. (C) | 4.375 | 07-15-30 | 516,000 | 488,538 | |
Starbucks Corp. | 3.500 | 11-15-50 | 125,000 | 117,066 | |
STL Holding Company LLC (C) | 7.500 | 02-15-26 | 85,000 | 87,125 | |
Sysco Corp. | 6.600 | 04-01-40 | 110,000 | 147,092 | |
Sysco Corp. | 6.600 | 04-01-50 | 20,000 | 27,826 | |
Targa Resources Partners LP | 5.375 | 02-01-27 | 82,000 | 84,358 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
Taylor Morrison Communities, Inc. (C) | 5.125 | 08-01-30 | 85,000 | $84,714 | |
Terex Corp. (C) | 5.000 | 05-15-29 | 212,000 | 209,929 | |
The Boeing Company | 5.930 | 05-01-60 | 95,000 | 112,805 | |
The Brooklyn Union Gas Company (C) | 4.273 | 03-15-48 | 205,000 | 205,945 | |
The Dun & Bradstreet Corp. (C) | 5.000 | 12-15-29 | 70,000 | 67,200 | |
The Gap, Inc. (C) | 3.625 | 10-01-29 | 76,000 | 68,818 | |
The Gap, Inc. (C) | 3.875 | 10-01-31 | 234,000 | 209,707 | |
The Goldman Sachs Group, Inc. (2.650% to 10-21-31, then SOFR + 1.264%) | 2.650 | 10-21-32 | 120,000 | 113,795 | |
The Goldman Sachs Group, Inc. | 4.750 | 10-21-45 | 140,000 | 159,185 | |
The Hertz Corp. (C) | 5.000 | 12-01-29 | 95,000 | 88,616 | |
The Home Depot, Inc. | 3.350 | 04-15-50 | 215,000 | 210,256 | |
The Michaels Companies, Inc. (C) | 7.875 | 05-01-29 | 38,000 | 33,250 | |
The Travelers Companies, Inc. | 3.050 | 06-08-51 | 110,000 | 102,641 | |
The William Carter Company (C) | 5.625 | 03-15-27 | 164,000 | 167,075 | |
TopBuild Corp. (C) | 3.625 | 03-15-29 | 30,000 | 28,133 | |
TransDigm, Inc. (C) | 6.250 | 03-15-26 | 160,000 | 164,600 | |
Tucson Electric Power Company | 4.000 | 06-15-50 | 100,000 | 101,635 | |
United Natural Foods, Inc. (C) | 6.750 | 10-15-28 | 159,000 | 164,366 | |
United States Steel Corp. | 6.875 | 03-01-29 | 160,000 | 164,392 | |
United Wholesale Mortgage LLC (C) | 5.500 | 11-15-25 | 60,000 | 57,750 | |
United Wholesale Mortgage LLC (C) | 5.500 | 04-15-29 | 179,000 | 163,785 | |
United Wholesale Mortgage LLC (C) | 5.750 | 06-15-27 | 212,000 | 202,576 | |
UnitedHealth Group, Inc. | 3.125 | 05-15-60 | 120,000 | 108,381 | |
UnitedHealth Group, Inc. | 3.700 | 08-15-49 | 105,000 | 108,718 | |
UnitedHealth Group, Inc. | 4.750 | 07-15-45 | 95,000 | 112,582 | |
Verizon Communications, Inc. | 2.875 | 11-20-50 | 130,000 | 111,101 | |
Verizon Communications, Inc. | 3.000 | 11-20-60 | 260,000 | 216,032 | |
Victors Merger Corp. (C) | 6.375 | 05-15-29 | 186,000 | 161,056 | |
Viper Energy Partners LP (C) | 5.375 | 11-01-27 | 290,000 | 297,540 | |
Wells Fargo & Company (5.013% to 4-4-50, then SOFR + 4.502%) | 5.013 | 04-04-51 | 90,000 | 110,825 | |
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) (E) | 5.875 | 06-15-25 | 51,000 | 53,504 | |
WMG Acquisition Corp. | 2.250 | 08-15-31 | EUR | 160,000 | 158,424 |
Yum! Brands, Inc. (C) | 7.750 | 04-01-25 | 10,000 | 10,420 | |
Convertible bonds 1.7% | $2,750,516 | ||||
(Cost $2,882,573) | |||||
Canada 0.0% | 65,901 | ||||
IMAX Corp. (C) | 0.500 | 04-01-26 | 66,000 | 65,901 |
20 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
China 0.1% | $121,087 | ||||
NIO, Inc. | 0.500 | 02-01-27 | 150,000 | 121,087 | |
France 0.0% | 7,920 | ||||
Worldline SA (F) | 0.627 | 07-30-26 | EUR | 7,264 | 7,920 |
Israel 0.0% | 13,725 | ||||
SolarEdge Technologies, Inc., Zero Coupon | 0.000 | 09-15-25 | 10,000 | 13,725 | |
Italy 0.1% | 113,834 | ||||
Nexi SpA | 1.750 | 04-24-27 | EUR | 100,000 | 113,834 |
Luxembourg 0.0% | 106,356 | ||||
Arrival SA (C) | 3.500 | 12-01-26 | 170,000 | 106,356 | |
Singapore 0.2% | 321,105 | ||||
Maxeon Solar Technologies, Ltd. | 6.500 | 07-15-25 | 75,000 | 71,925 | |
Sea, Ltd. | 0.250 | 09-15-26 | 300,000 | 249,180 | |
United Kingdom 0.3% | 452,694 | ||||
Endeavour Mining Corp. (C) | 3.000 | 02-15-23 | 380,000 | 452,694 | |
United States 1.0% | 1,547,894 | ||||
Airbnb, Inc. (C)(F) | 1.548 | 03-15-26 | 35,000 | 32,863 | |
Bandwidth, Inc. | 0.250 | 03-01-26 | 12,000 | 8,962 | |
Beyond Meat, Inc. (C)(F) | 9.303 | 03-15-27 | 125,000 | 79,313 | |
Block, Inc. | 0.125 | 03-01-25 | 10,000 | 12,756 | |
Bloomin’ Brands, Inc. | 5.000 | 05-01-25 | 4,000 | 8,888 | |
Ceridian HCM Holding, Inc. (C) | 0.250 | 03-15-26 | 40,000 | 36,044 | |
Cracker Barrel Old Country Store, Inc. (C) | 0.625 | 06-15-26 | 26,000 | 25,480 | |
DraftKings, Inc. (C)(F) | 4.725 | 03-15-28 | 10,000 | 7,535 | |
Etsy, Inc. | 0.125 | 10-01-26 | 5,000 | 9,540 | |
Exact Sciences Corp. | 0.375 | 03-01-28 | 90,000 | 84,825 | |
FTI Consulting, Inc. | 2.000 | 08-15-23 | 20,000 | 29,650 | |
JetBlue Airways Corp. (C) | 0.500 | 04-01-26 | 140,000 | 134,400 | |
John Bean Technologies Corp. (C) | 0.250 | 05-15-26 | 27,000 | 25,350 | |
NCL Corp., Ltd. (C) | 2.500 | 02-15-27 | 13,000 | 12,038 | |
NuVasive, Inc. | 0.375 | 03-15-25 | 60,000 | 56,288 | |
Pebblebrook Hotel Trust | 1.750 | 12-15-26 | 35,000 | 38,798 | |
Penn National Gaming, Inc. | 2.750 | 05-15-26 | 4,000 | 9,482 | |
Pioneer Natural Resources Company | 0.250 | 05-15-25 | 35,000 | 80,008 | |
Repay Holdings Corp. (C)(F) | 3.829 | 02-01-26 | 415,000 | 357,315 | |
Revance Therapeutics, Inc. | 1.750 | 02-15-27 | 100,000 | 82,188 | |
Shift4 Payments, Inc. (C) | 0.500 | 08-01-27 | 310,000 | 260,028 | |
Southwest Airlines Company | 1.250 | 05-01-25 | 14,000 | 18,711 | |
Splunk, Inc. | 1.125 | 06-15-27 | 20,000 | 18,213 | |
The Middleby Corp. | 1.000 | 09-01-25 | 17,000 | 24,979 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
Uber Technologies, Inc. (F) | 2.436 | 12-15-25 | 38,000 | 34,637 | |
Workday, Inc. | 0.250 | 10-01-22 | 38,000 | 59,603 | |
Municipal bonds 0.8% | $1,261,753 | ||||
(Cost $1,274,029) | |||||
Chicago Transit Authority (Illinois) | 3.552 | 12-01-34 | 95,000 | 99,395 | |
Chicago Transit Authority (Illinois) | 3.912 | 12-01-40 | 10,000 | 10,535 | |
Chicago Transit Authority, Series A (Illinois) | 6.899 | 12-01-40 | 10,000 | 13,424 | |
City & County of Denver Company Airport System Revenue (Colorado) | 2.717 | 11-15-34 | 20,000 | 19,452 | |
City & County of Denver Company Airport System Revenue (Colorado) | 2.867 | 11-15-37 | 15,000 | 14,482 | |
City of Austin Airport System Revenue (Texas) | 5.000 | 11-15-32 | 25,000 | 29,631 | |
City of Austin Airport System Revenue (Texas) | 5.000 | 11-15-44 | 60,000 | 70,011 | |
City of Houston Airport System Revenue (Texas) | 2.385 | 07-01-31 | 50,000 | 48,370 | |
City of Tampa (Florida) (F) | 3.205 | 09-01-36 | 20,000 | 12,571 | |
Commonwealth of Massachusetts, GO | 2.514 | 07-01-41 | 130,000 | 120,822 | |
County of Broward Port Facilities Revenue (Florida) | 5.000 | 09-01-28 | 30,000 | 36,099 | |
County of Broward Port Facilities Revenue (Florida) | 5.000 | 09-01-29 | 20,000 | 24,612 | |
County of Broward Port Facilities Revenue (Florida) | 5.000 | 09-01-33 | 20,000 | 24,476 | |
County of Miami-Dade Aviation Revenue (Florida) | 3.270 | 10-01-41 | 10,000 | 9,729 | |
County of Miami-Dade Aviation Revenue (Florida) | 4.000 | 10-01-35 | 30,000 | 33,836 | |
Dallas Fort Worth International Airport (Texas) | 3.089 | 11-01-40 | 30,000 | 29,937 | |
District of Columbia | 3.432 | 04-01-42 | 85,000 | 85,161 | |
Greater Orlando Aviation Authority (Florida) | 5.000 | 10-01-28 | 10,000 | 11,230 | |
Greater Orlando Aviation Authority (Florida) | 5.000 | 10-01-28 | 25,000 | 27,742 | |
Iowa Finance Authority | 3.250 | 07-01-50 | 10,000 | 10,445 | |
Metropolitan Transportation Authority (New York) | 5.000 | 11-15-29 | 15,000 | 17,947 | |
Metropolitan Transportation Authority (New York) | 5.000 | 11-15-50 | 25,000 | 28,806 | |
New Jersey Transportation Trust Fund Authority | 4.000 | 06-15-45 | 10,000 | 10,753 | |
New York City Transitional Finance Authority | 4.000 | 05-01-45 | 20,000 | 22,301 |
22 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Orange County Convention Center (Florida) | 5.000 | 10-01-31 | 15,000 | $16,750 | |
Port Authority of New York & New Jersey | 4.000 | 03-15-30 | 50,000 | 55,024 | |
Port Authority of New York & New Jersey | 5.000 | 09-15-33 | 30,000 | 35,155 | |
Port of Seattle (Washington) | 5.000 | 10-01-31 | 30,000 | 33,717 | |
Port of Seattle (Washington) | 5.000 | 04-01-39 | 40,000 | 47,366 | |
San Francisco City & County Airport Commission (California) | 2.958 | 05-01-51 | 20,000 | 17,685 | |
San Francisco City & County Airport Commission (California) | 4.000 | 05-01-39 | 15,000 | 16,444 | |
San Francisco City & County Airport Commission (California) | 5.000 | 05-01-50 | 75,000 | 85,893 | |
State of Hawaii Airports System Revenue | 4.000 | 07-01-35 | 20,000 | 22,112 | |
State of Hawaii Airports System Revenue | 5.000 | 07-01-33 | 70,000 | 83,700 | |
Triborough Bridge & Tunnel Authority (New York) | 5.000 | 11-15-54 | 30,000 | 36,140 | |
Term loans (G) 6.0% | $9,543,410 | ||||
(Cost $9,604,788) | |||||
Germany 0.1% | 165,406 | ||||
Ctec III GmbH, 2022 EUR Term Loan B (H) | TBD | 01-19-29 | EUR | 149,512 | 165,406 |
Luxembourg 0.1% | 198,052 | ||||
Delta 2 Lux Sarl, 2018 USD Term Loan (1 month LIBOR + 2.500%) | 3.500 | 02-01-24 | 100,000 | 99,000 | |
Jazz Financing Lux Sarl, USD Term Loan (1 month LIBOR + 3.500%) | 4.000 | 05-05-28 | 99,500 | 99,052 | |
Netherlands 0.1% | 172,421 | ||||
Diamond BC BV, 2021 Term Loan B (1 month LIBOR + 3.000%) | 3.500 | 09-29-28 | 175,000 | 172,421 | |
Spain 0.1% | 98,688 | ||||
Fluidra Finco SL, 2022 USD Term Loan B (H) | TBD | 01-29-29 | 100,000 | 98,688 | |
United States 5.6% | 8,908,843 | ||||
ABG Intermediate Holdings 2 LLC, 2021 Delayed Draw Term Loan B (H) | TBD | 12-08-28 | 247,388 | 244,914 | |
ABG Intermediate Holdings 2 LLC, 2021 Delayed Draw Term Loan B3 (H) | TBD | 12-08-28 | 38,806 | 38,418 | |
ABG Intermediate Holdings 2 LLC, 2021 Term Loan B1 (H) | TBD | 12-21-28 | 38,806 | 38,418 | |
Acrisure LLC, 2020 Term Loan B (3 month LIBOR + 3.500%) | 3.724 | 02-15-27 | 247,869 | 243,636 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 23 |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
AHP Health Partners, Inc., 2021 Term Loan B (1 month LIBOR + 3.500%) | 4.000 | 08-24-28 | 109,725 | $109,005 | |
APX Group, Inc., 2021 Term Loan B (Prime rate + 2.500% and 1 month LIBOR + 3.500%) | 4.001 | 07-10-28 | 149,375 | 148,231 | |
Asurion LLC, 2020 Term Loan B8 (1 month LIBOR + 3.250%) | 3.459 | 12-23-26 | 98,056 | 96,248 | |
Asurion LLC, 2021 2nd Lien Term Loan B3 (1 month LIBOR + 5.250%) | 5.459 | 01-31-28 | 350,000 | 345,538 | |
athenahealth, Inc., 2022 Delayed Draw Term Loan (H) | TBD | 02-15-29 | 14,493 | 14,344 | |
athenahealth, Inc., 2022 Term Loan B (H) | TBD | 02-15-29 | 85,507 | 84,631 | |
Berlin Packaging LLC, 2021 First Lien Term Loan B (1 and 3 month LIBOR + 3.750%) | 4.250 | 03-11-28 | 149,625 | 148,503 | |
Blackhawk Network Holdings, Inc., 2018 1st Lien Term Loan (1 month LIBOR + 3.000%) | 3.209 | 06-15-25 | 98,970 | 97,115 | |
Boyd Gaming Corp., Term Loan B3 (3 month LIBOR + 2.250%) | 2.370 | 09-15-23 | 97,133 | 96,879 | |
Brand Industrial Services, Inc., 2017 Term Loan (3 month LIBOR + 4.250%) | 5.250 | 06-21-24 | 99,221 | 94,616 | |
Caesars Resort Collection LLC, 2017 1st Lien Term Loan B (1 month LIBOR + 2.750%) | 2.959 | 12-23-24 | 249,092 | 246,290 | |
Carnival Corp., 2021 Incremental Term Loan B (6 month LIBOR + 3.250%) | 4.000 | 10-18-28 | 125,000 | 123,438 | |
Core & Main LP, 2021 Term Loan B (1 month LIBOR + 2.500%) | 2.709 | 07-27-28 | 247,478 | 244,179 | |
Crocs, Inc., Term Loan B (H) | TBD | 01-26-29 | 340,000 | 335,750 | |
Crown Finance US, Inc., 2018 USD Term Loan (6 month LIBOR + 2.500%) | 3.500 | 02-28-25 | 124,702 | 96,249 | |
Crown Finance US, Inc., 2021 Incremental Term Loan B1 (6 month LIBOR + 8.250%) | 9.250 | 05-23-24 | 5,411 | 5,736 | |
Dcert Buyer, Inc., 2019 Term Loan B (1 month LIBOR + 4.000%) | 4.209 | 10-16-26 | 347,615 | 345,780 | |
Elanco Animal Health, Inc., Term Loan B (1 month LIBOR + 1.750%) | 1.856 | 08-01-27 | 116,771 | 114,072 | |
Fertitta Entertainment LLC, 2022 Term Loan B (1 month SOFR + 4.000%) | 4.500 | 01-27-29 | 105,000 | 104,439 | |
First Brands Group LLC, 2021 Term Loan (3 month LIBOR + 5.000%) | 6.000 | 03-30-27 | 119,698 | 118,801 |
24 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
FleetCor Technologies Operating Company LLC, 2021 Term Loan B4 (1 month LIBOR + 1.750%) | 1.959 | 04-28-28 | 234,412 | $230,066 | |
Flex Acquisition Company, Inc., 2018 Incremental Term Loan (3 month LIBOR + 3.000%) | 3.214 | 06-29-25 | 99,163 | 98,588 | |
Flex Acquisition Company, Inc., 2021 Term Loan (3 month LIBOR + 3.500%) | 4.000 | 03-02-28 | 97,758 | 97,351 | |
Frontier Communications Holdings LLC, 2021 DIP Term Loan B (3 month LIBOR + 3.750%) | 4.500 | 05-01-28 | 99,250 | 98,351 | |
Golden Entertainment, Inc., 2017 1st Lien Term Loan (1 month LIBOR + 3.000%) | 3.750 | 10-21-24 | 109,501 | 108,988 | |
Gray Television, Inc., 2018 Term Loan C (1 month LIBOR + 2.500%) | 2.606 | 01-02-26 | 100,000 | 98,788 | |
Great Outdoors Group LLC, 2021 Term Loan B1 (3 month LIBOR + 3.750%) | 4.500 | 03-06-28 | 113,852 | 113,169 | |
Heartland Dental LLC, 2021 Incremental Term Loan (1 month LIBOR + 4.000%) | 4.162 | 04-30-25 | 119,400 | 118,405 | |
Hightower Holding LLC, 2021 Term Loan B (3 month LIBOR + 4.000%) | 4.255 | 04-21-28 | 149,625 | 148,465 | |
HUB International, Ltd., 2018 Term Loan B (3 month LIBOR + 2.750%) | 3.017 | 04-25-25 | 197,711 | 195,169 | |
HUB International, Ltd., 2021 Term Loan B (3 month LIBOR + 3.250%) | 4.000 | 04-25-25 | 99,748 | 98,952 | |
Hyland Software, Inc., 2018 1st Lien Term Loan (1 month LIBOR + 3.500%) | 4.250 | 07-01-24 | 98,725 | 98,200 | |
ICU Medical, Inc., Term Loan B (H) | TBD | 01-08-29 | 100,000 | 99,375 | |
II-VI, Inc., 2021 Term Loan B (H) | TBD | 12-01-28 | 105,000 | 103,885 | |
IRB Holding Corp., 2020 4th Amendment Incremental Term Loan (3 month LIBOR + 3.000%) | 4.000 | 12-15-27 | 99,000 | 97,961 | |
IRB Holding Corp., 2022 Term Loan B (H) | TBD | 12-15-27 | 330,000 | 326,535 | |
Mauser Packaging Solutions Holding Company, 2017 Term Loan B (1 month LIBOR + 3.250%) | 3.356 | 04-03-24 | 124,026 | 121,797 | |
Mitchell International, Inc., 2021 Term Loan B (1 month LIBOR + 3.750%) | 4.250 | 10-15-28 | 170,000 | 167,547 | |
MJH Healthcare Holdings LLC, 2021 Term Loan B (3 month SOFR + 3.600%) | 3.680 | 01-28-29 | 100,000 | 99,000 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 25 |
Rate (%) | Maturity date | Par value^ | Value | ||
United States (continued) | |||||
Mozart Borrower LP, USD Term Loan B (1 month LIBOR + 3.250%) | 3.750 | 10-23-28 | 190,000 | $188,011 | |
NEP Group, Inc., 2018 1st Lien Term Loan (1 month LIBOR + 3.250%) | 3.459 | 10-20-25 | 162,729 | 157,382 | |
Phoenix Newco, Inc., 2021 1st Lien Term Loan (1 month LIBOR + 3.500%) | 4.000 | 11-15-28 | 135,000 | 133,819 | |
Polaris Newco LLC, USD Term Loan B (3 month LIBOR + 4.000%) | 4.500 | 06-02-28 | 99,750 | 99,059 | |
Prestige Brands, Inc., 2021 Term Loan B5 (1 month LIBOR + 2.000%) | 2.500 | 07-03-28 | 85,000 | 84,788 | |
Quikrete Holdings, Inc., 2016 1st Lien Term Loan (1 month LIBOR + 2.500%) | 2.709 | 02-01-27 | 98,000 | 96,183 | |
Scientific Games International, Inc., 2018 Term Loan B5 (1 month LIBOR + 2.750%) | 2.959 | 08-14-24 | 223,517 | 221,869 | |
Sedgwick Claims Management Services, Inc., 2018 Term Loan B (1 month LIBOR + 3.250%) | 3.459 | 12-31-25 | 197,017 | 194,308 | |
Signal Parent, Inc., Term Loan B (1 month LIBOR + 3.500%) | 4.250 | 04-03-28 | 248,750 | 232,116 | |
Southwestern Energy Company, 2021 Term Loan (3 month SOFR + 2.500%) | 3.000 | 06-22-27 | 100,000 | 99,438 | |
SRS Distribution, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) | 4.269 | 06-02-28 | 108,950 | 107,561 | |
SS&C Technologies, Inc., 2018 Term Loan B3 (1 month LIBOR + 1.750%) | 1.959 | 04-16-25 | 88,339 | 86,783 | |
SS&C Technologies, Inc., 2018 Term Loan B4 (1 month LIBOR + 1.750%) | 1.959 | 04-16-25 | 71,711 | 70,447 | |
Surgery Center Holdings, Inc., 2021 Term Loan (1 month LIBOR + 3.750%) | 4.500 | 08-31-26 | 138,950 | 137,561 | |
Tempo Acquisition LLC, 2022 Term Loan B (1 month SOFR + 3.000%) | 3.500 | 08-31-28 | 200,000 | 197,750 | |
The Dun & Bradstreet Corp., Term Loan (1 month LIBOR + 3.250%) | 3.459 | 02-06-26 | 147,754 | 146,029 | |
TransDigm, Inc., 2020 Term Loan E (1 month LIBOR + 2.250%) | 2.459 | 05-30-25 | 197,111 | 193,529 | |
TricorBraun Holdings, Inc., 2021 Term Loan (1 month LIBOR + 3.250%) | 3.750 | 03-03-28 | 199,530 | 196,164 | |
WW International, Inc., 2021 Term Loan B (1 month LIBOR + 3.500%) | 4.000 | 04-13-28 | 236,605 | 210,224 |
26 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Collateralized mortgage obligations 6.0% | $9,505,081 | ||||
(Cost $9,570,832) | |||||
Commercial and residential 4.0% | 6,386,882 | ||||
Angel Oak Mortgage Trust | |||||
Series 2020-3, Class M1 (C)(I) | 3.809 | 04-25-65 | 50,000 | 50,031 | |
Series 2020-4, Class A2 (C)(I) | 2.035 | 06-25-65 | 171,269 | 170,253 | |
BANK | |||||
Series 2019-BN16, Class B (I) | 4.438 | 02-15-52 | 50,000 | 52,963 | |
Series 2021-BN31, Class C (I) | 2.545 | 02-15-54 | 30,000 | 26,952 | |
BFLD Trust | |||||
Series 2020-OBRK, Class A (1 month LIBOR + 2.050%) (C)(J) | 2.241 | 11-15-28 | 10,000 | 9,925 | |
BPR Trust | |||||
Series 2021-TY, Class A (1 month LIBOR + 1.050%) (C)(J) | 1.241 | 09-15-38 | 50,000 | 49,439 | |
BRAVO Residential Funding Trust | |||||
Series 2020-NQM1, Class M1 (C)(I) | 3.181 | 05-25-60 | 129,000 | 128,645 | |
Series 2021-A, Class A1 (C) | 1.991 | 04-25-31 | 87,910 | 86,207 | |
Series 2021-NQM1, Class M1 (C)(I) | 2.316 | 02-25-49 | 100,000 | 98,049 | |
BX Commercial Mortgage Trust | |||||
Series 2018-IND, Class G (1 month LIBOR + 2.050%) (C)(J) | 2.241 | 11-15-35 | 210,000 | 208,421 | |
Series 2019-XL, Class C (1 month LIBOR + 1.250%) (C)(J) | 1.441 | 10-15-36 | 85,000 | 84,199 | |
Series 2019-XL, Class D (1 month LIBOR + 1.450%) (C)(J) | 1.641 | 10-15-36 | 85,000 | 84,148 | |
BX Trust | |||||
Series 2021-MFM1, Class C (1 month LIBOR + 1.200%) (C)(J) | 1.391 | 01-15-34 | 50,000 | 48,402 | |
Series 2021-MFM1, Class D (1 month LIBOR + 1.500%) (C)(J) | 1.691 | 01-15-34 | 10,000 | 9,590 | |
Series 2021-MFM1, Class E (1 month LIBOR + 2.250%) (C)(J) | 2.441 | 01-15-34 | 10,000 | 9,699 | |
Series 2021-VIEW, Class B (1 month LIBOR + 1.800%) (C)(J) | 1.991 | 06-15-23 | 30,000 | 29,409 | |
CAMB Commercial Mortgage Trust | |||||
Series 2019-LIFE, Class E (1 month LIBOR + 2.150%) (C)(J) | 2.341 | 12-15-37 | 134,000 | 132,200 | |
CIM Trust | |||||
Series 2021-NR2, Class A1 (C) | 2.568 | 07-25-59 | 78,295 | 76,920 | |
Series 2021-R4, Class A1 (C)(I) | 2.000 | 05-01-61 | 83,283 | 81,554 | |
COLT Mortgage Loan Trust | |||||
Series 2021-1, Class A3 (C)(I) | 1.373 | 06-25-66 | 93,357 | 90,111 | |
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | |||||
Series 2014-CR16, Class AM | 4.278 | 04-10-47 | 45,000 | 46,257 | |
Series 2014-CR20, Class AM | 3.938 | 11-10-47 | 50,000 | 50,893 | |
Commercial Mortgage Trust (Deutsche Bank AG) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 27 |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Series 2013-LC13, Class AM (C)(I) | 4.557 | 08-10-46 | 125,000 | $128,595 | |
Series 2020-SBX, Class C (C)(I) | 2.056 | 01-10-38 | 100,000 | 93,922 | |
Credit Suisse Mortgage Trust | |||||
Series 2020-NET, Class D (C)(I) | 3.704 | 08-15-37 | 100,000 | 97,336 | |
Series 2020-RPL6, Class A2 (C)(I) | 3.294 | 03-25-59 | 100,000 | 97,470 | |
Deephaven Residential Mortgage Trust | |||||
Series 2020-2, Class M1 (C)(I) | 4.112 | 05-25-65 | 100,000 | 100,732 | |
Flagstar Mortgage Trust | |||||
Series 2021-5INV, Class A5 (C)(I) | 2.500 | 07-25-51 | 87,901 | 86,149 | |
FREMF Mortgage Trust | |||||
Series 2016-K60, Class B (C)(I) | 3.540 | 12-25-49 | 11,000 | 11,232 | |
Series 2017-K65, Class B (C)(I) | 4.073 | 07-25-50 | 40,000 | 41,984 | |
Series 2018-K72, Class B (C)(I) | 3.993 | 12-25-50 | 15,000 | 15,598 | |
Series 2019-K95, Class C (C)(I) | 3.920 | 08-25-52 | 43,000 | 44,082 | |
Series 2020-K104, Class C (C)(I) | 3.539 | 02-25-52 | 25,000 | 24,384 | |
GS Mortgage Securities Trust | |||||
Series 2018-HULA, Class A (1 month LIBOR + 0.920%) (C)(J) | 1.111 | 07-15-25 | 91,477 | 90,449 | |
Series 2018-HULA, Class C (1 month LIBOR + 1.450%) (C)(J) | 1.641 | 07-15-25 | 137,216 | 135,152 | |
Series 2019-BOCA, Class A (1 month LIBOR + 1.200%) (C)(J) | 1.391 | 06-15-38 | 100,000 | 99,118 | |
Series 2021-IP, Class B (1 month LIBOR + 1.150%) (C)(J) | 1.341 | 10-15-36 | 100,000 | 98,634 | |
Hawaii Hotel Trust | |||||
Series 2019-MAUI, Class A (1 month LIBOR + 1.150%) (C)(J) | 1.341 | 05-15-38 | 100,000 | 99,530 | |
JPMorgan Chase Commercial Mortgage Securities Trust | |||||
Series 2020-NNN, Class BFX (C) | 3.065 | 01-16-37 | 45,000 | 44,297 | |
Series 2021-MHC, Class C (1 month LIBOR + 1.300%) (C)(J) | 1.491 | 04-15-38 | 100,000 | 97,084 | |
JPMorgan Mortgage Trust | |||||
Series 2019-7, Class A11 (1 month LIBOR + 0.900%) (C)(J) | 1.087 | 02-25-50 | 15,252 | 15,239 | |
KKR Industrial Portfolio Trust | |||||
Series 2021-KDIP, Class C (1 month LIBOR + 1.000%) (C)(J) | 1.191 | 12-15-37 | 37,500 | 36,632 | |
Series 2021-KDIP, Class D (1 month LIBOR + 1.250%) (C)(J) | 1.441 | 12-15-37 | 7,500 | 7,322 | |
KNDL Mortgage Trust | |||||
Series 2019-KNSQ, Class E (1 month LIBOR + 1.800%) (C)(J) | 1.991 | 05-15-36 | 100,000 | 98,524 | |
Legacy Mortgage Asset Trust | |||||
Series 2019-GS6, Class A1 (C) | 3.000 | 06-25-59 | 69,072 | 69,030 | |
Series 2019-GS7, Class A1 (C) | 3.250 | 11-25-59 | 118,963 | 118,817 | |
LoanCore Issuer, Ltd. | |||||
Series 2021-CRE4, Class A (SOFR + 0.914%) (C)(J) | 0.963 | 07-15-35 | 74,309 | 73,629 |
28 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
MHC Commercial Mortgage Trust | |||||
Series 2021-MHC, Class C (1 month LIBOR + 1.351%) (C)(J) | 1.542 | 04-15-38 | 100,000 | $98,378 | |
Morgan Stanley Bank of America Merrill Lynch Trust | |||||
Series 2013-C8, Class B (I) | 3.525 | 12-15-48 | 45,000 | 45,196 | |
Series 2013-C8, Class C (I) | 4.022 | 12-15-48 | 65,000 | 65,181 | |
Morgan Stanley Capital I Trust | |||||
Series 2017-CLS, Class F (1 month LIBOR + 2.600%) (C)(J) | 2.791 | 11-15-34 | 40,000 | 39,397 | |
Series 2018-SUN, Class B (1 month LIBOR + 1.200%) (C)(J) | 1.391 | 07-15-35 | 25,000 | 24,687 | |
New Residential Mortgage Loan Trust | |||||
Series 2015-1A, Class B3 (C)(I) | 5.283 | 05-28-52 | 132,650 | 138,106 | |
Series 2015-2A, Class B4 (C)(I) | 5.465 | 08-25-55 | 63,820 | 66,027 | |
Series 2016-4A, Class A1 (C)(I) | 3.750 | 11-25-56 | 119,159 | 123,165 | |
Series 2019-6A, Class B1 (C)(I) | 4.000 | 09-25-59 | 212,993 | 222,425 | |
Series 2019-6A, Class B2 (C)(I) | 4.250 | 09-25-59 | 212,993 | 222,409 | |
Series 2021-INV2, Class A11 (SOFR + 0.950%) (C)(J) | 1.000 | 09-25-51 | 94,411 | 93,578 | |
NYMT Loan Trust I | |||||
Series 2021-BPL1, Class A1 (C) | 2.239 | 05-25-26 | 100,000 | 97,918 | |
Oaktown Re IV, Ltd. | |||||
Series 2020-1A, Class M2 (1 month LIBOR + 7.000%) (C)(J) | 7.187 | 07-25-30 | 76,495 | 76,691 | |
OPG Trust | |||||
Series 2021-PORT, Class D (1 month LIBOR + 1.131%) (C)(J) | 1.322 | 10-15-36 | 30,000 | 28,450 | |
PRPM LLC | |||||
Series 2021-1, Class A1 (C)(I) | 2.115 | 01-25-26 | 86,603 | 85,056 | |
Series 2021-2, Class A1 (C)(I) | 2.115 | 03-25-26 | 80,086 | 78,627 | |
Series 2021-6, Class A1 (C) | 1.793 | 07-25-26 | 87,309 | 85,286 | |
Series 2021-9, Class A1 (C)(I) | 2.363 | 10-25-26 | 89,387 | 86,972 | |
Ready Capital Mortgage Financing LLC | |||||
Series 2021-FL6, Class AS (1 month LIBOR + 1.200%) (C)(J) | 1.308 | 07-25-36 | 200,000 | 197,213 | |
Toorak Mortgage Corp. | |||||
Series 2019-2, Class A2 | 4.213 | 09-25-22 | 100,000 | 99,918 | |
TTAN | |||||
Series 2021-MHC, Class B (1 month LIBOR + 1.100%) (C)(J) | 1.292 | 03-15-38 | 99,852 | 98,041 | |
UBS Commercial Mortgage Trust | |||||
Series 2019-C16, Class ASB | 3.460 | 04-15-52 | 154,000 | 158,510 | |
Verus Securitization Trust | |||||
Series 2020-1, Class A3 (C) | 2.724 | 01-25-60 | 89,461 | 90,343 | |
Series 2020-5, Class M1 (C)(I) | 2.601 | 05-25-65 | 200,000 | 195,880 | |
Series 2021-3, Class A1 (C)(I) | 1.046 | 06-25-66 | 110,341 | 107,439 | |
Series 2021-7, Class A2 (C)(I) | 2.137 | 10-25-66 | 94,403 | 92,173 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 29 |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Series 2021-8, Class A1 (C)(I) | 1.824 | 11-25-66 | 96,058 | $93,662 | |
Wells Fargo Commercial Mortgage Trust | |||||
Series 2020-C58, Class B | 2.704 | 07-15-53 | 65,000 | 61,683 | |
Wells Fargo Mortgage Backed Securities Trust | |||||
Series 2019-3, Class A1 (C)(I) | 3.500 | 07-25-49 | 9,414 | 9,460 | |
WF-RBS Commercial Mortgage Trust | |||||
Series 2011-C4, Class C (C)(I) | 4.887 | 06-15-44 | 55,852 | 55,803 | |
U.S. Government Agency 2.0% | 3,118,199 | ||||
Federal Home Loan Mortgage Corp. | |||||
Series 2013-DN2, Class M2 (1 month LIBOR + 4.250%) (J) | 4.437 | 11-25-23 | 98,020 | 100,256 | |
Series 2018-DNA1, Class M2B (1 month LIBOR + 1.800%) (J) | 1.987 | 07-25-30 | 100,000 | 100,589 | |
Series 2018-HQA1, Class M2 (1 month LIBOR + 2.300%) (J) | 2.487 | 09-25-30 | 26,562 | 26,786 | |
Series 2020-DNA5, Class M2 (SOFR + 2.800%) (C)(J) | 2.849 | 10-25-50 | 15,381 | 15,476 | |
Series 2020-DNA6, Class M2 (SOFR + 2.000%) (C)(J) | 2.049 | 12-25-50 | 20,000 | 20,000 | |
Series 2020-HQA2, Class M2 (1 month LIBOR + 3.100%) (C)(J) | 3.287 | 03-25-50 | 73,856 | 74,375 | |
Series 2020-HQA3, Class B1 (1 month LIBOR + 5.750%) (C)(J) | 5.937 | 07-25-50 | 45,000 | 46,665 | |
Series 2020-HQA4, Class M2 (1 month LIBOR + 3.150%) (C)(J) | 3.337 | 09-25-50 | 14,912 | 14,941 | |
Series 2021-DNA1, Class M2 (SOFR + 1.800%) (C)(J) | 1.849 | 01-25-51 | 25,000 | 24,771 | |
Series 2021-DNA3, Class M2 (SOFR + 2.100%) (C)(J) | 2.149 | 10-25-33 | 265,000 | 264,669 | |
Series 2021-HQA2, Class M2 (SOFR + 2.050%) (C)(J) | 2.099 | 12-25-33 | 100,000 | 96,118 | |
Series 2021-P011, Class X1 IO | 1.844 | 09-25-45 | 99,353 | 15,185 | |
Series K031, Class X3 IO | 1.664 | 07-25-41 | 260,000 | 4,858 | |
Series K066, Class X1 IO | 0.750 | 06-25-27 | 284,291 | 9,804 | |
Series K103, Class X1 IO | 0.638 | 11-25-29 | 224,638 | 9,870 | |
Series K104, Class X3 IO | 1.896 | 02-25-47 | 100,000 | 12,717 | |
Series K105, Class X1 IO | 1.523 | 03-25-53 | 169,769 | 17,539 | |
Series K106, Class X1 IO | 1.354 | 01-25-30 | 139,607 | 12,860 | |
Series K110, Class X1 IO | 1.697 | 04-25-30 | 99,759 | 11,389 | |
Series K112, Class X1 IO | 1.432 | 05-25-30 | 99,841 | 10,065 | |
Series K113, Class X1 IO | 1.387 | 06-25-30 | 99,992 | 9,739 | |
Series K115, Class X3 IO | 2.958 | 09-25-48 | 100,000 | 20,465 | |
Series K123, Class X1 IO | 0.774 | 12-25-30 | 69,904 | 4,014 | |
Series K124, Class X1 IO | 0.721 | 12-25-30 | 99,872 | 5,495 | |
Series K-1515, Class X1 IO | 1.512 | 02-25-35 | 199,558 | 29,043 | |
Series K737, Class X1 IO | 0.636 | 10-25-26 | 113,394 | 2,820 |
30 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Series K740, Class X1 IO | 0.758 | 09-25-27 | 99,597 | $3,651 | |
Series Q014, Class X IO | 2.799 | 10-25-55 | 97,341 | 21,783 | |
Federal National Mortgage Association | |||||
Series 2014-C02, Class 1M2 (1 month LIBOR + 2.600%) (J) | 2.708 | 05-25-24 | 66,663 | 67,248 | |
Series 2014-C03, Class 1M2 (1 month LIBOR + 3.000%) (J) | 3.187 | 07-25-24 | 87,942 | 88,107 | |
Series 2014-C04, Class 1M2 (1 month LIBOR + 4.900%) (J) | 5.087 | 11-25-24 | 42,653 | 44,193 | |
Series 2017-C02, Class 2M2 (1 month LIBOR + 3.650%) (J) | 3.837 | 09-25-29 | 71,832 | 74,277 | |
Series 2017-C02, Class 2M2C (1 month LIBOR + 3.650%) (J) | 3.837 | 09-25-29 | 150,000 | 156,196 | |
Series 2017-C04, Class 2M2 (1 month LIBOR + 2.850%) (J) | 3.037 | 11-25-29 | 62,162 | 63,382 | |
Series 2017-C05, Class 1B1 (1 month LIBOR + 3.600%) (J) | 3.787 | 01-25-30 | 25,000 | 25,261 | |
Series 2017-C06, Class 2B1 (1 month LIBOR + 4.450%) (J) | 4.637 | 02-25-30 | 50,000 | 51,610 | |
Series 2017-C06, Class 2M2 (1 month LIBOR + 2.800%) (J) | 2.987 | 02-25-30 | 59,762 | 60,996 | |
Series 2017-C07, Class 1B1 (1 month LIBOR + 4.000%) (J) | 4.187 | 05-25-30 | 67,000 | 68,439 | |
Series 2017-C07, Class 2B1 (1 month LIBOR + 4.450%) (J) | 4.637 | 05-25-30 | 55,000 | 55,847 | |
Series 2018-C01, Class 1B1 (1 month LIBOR + 3.550%) (J) | 3.737 | 07-25-30 | 185,912 | 185,912 | |
Series 2018-C02, Class 2B1 (1 month LIBOR + 4.000%) (J) | 4.187 | 08-25-30 | 15,000 | 15,141 | |
Series 2018-C03, Class 1B1 (1 month LIBOR + 3.750%) (J) | 3.937 | 10-25-30 | 100,000 | 100,781 | |
Series 2018-C03, Class 1M2 (1 month LIBOR + 2.150%) (J) | 2.337 | 10-25-30 | 53,295 | 53,997 | |
Series 2018-R07, Class 1B1 (1 month LIBOR + 4.350%) (C)(J) | 4.537 | 04-25-31 | 115,000 | 117,289 | |
Series 2019-HRP1, Class M2 (1 month LIBOR + 2.150%) (C)(J) | 2.337 | 11-25-39 | 47,423 | 46,923 | |
Series 2019-R03, Class 1B1 (1 month LIBOR + 4.100%) (C)(J) | 4.287 | 09-25-31 | 20,000 | 20,080 | |
Series 2019-R05, Class 1B1 (1 month LIBOR + 4.100%) (C)(J) | 4.287 | 07-25-39 | 150,000 | 149,439 | |
Series 2019-R07, Class 1B1 (1 month LIBOR + 3.400%) (C)(J) | 3.587 | 10-25-39 | 150,000 | 146,078 | |
Series 2020-R01, Class 1B1 (1 month LIBOR + 3.250%) (C)(J) | 3.437 | 01-25-40 | 175,000 | 165,811 | |
Series 2020-R01, Class 1M2 (1 month LIBOR + 2.050%) (C)(J) | 2.237 | 01-25-40 | 23,469 | 23,433 | |
Series 2020-R02, Class 2M2 (1 month LIBOR + 2.000%) (C)(J) | 2.187 | 01-25-40 | 8,928 | 8,917 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 31 |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Series 2021-R03, Class 1M1 (SOFR + 0.850%) (C)(J) | 0.899 | 12-25-41 | 171,141 | $170,322 | |
Series 2022-R01, Class 1M1 (SOFR + 1.000%) (C)(J) | 1.049 | 12-25-41 | 77,348 | 76,671 | |
Series 2022-R02, Class 2M1 (SOFR + 1.200%) (C)(J) | 1.249 | 01-25-42 | 96,089 | 95,906 | |
Asset backed securities 4.7% | $7,584,351 | ||||
(Cost $7,762,006) | |||||
Asset backed securities 4.7% | 7,584,351 | ||||
Aligned Data Centers Issuer LLC | |||||
Series 2021-1A, Class A2 (C) | 1.937 | 08-15-46 | 180,000 | 172,382 | |
Apidos CLO XXXII | |||||
Series 2019-32A, Class D (3 month LIBOR + 3.500%) (C)(J) | 3.754 | 01-20-33 | 250,000 | 246,869 | |
Bain Capital Credit CLO LLC | |||||
Series 2020-4A, Class B (3 month LIBOR + 1.950%) (C)(J) | 2.204 | 10-20-33 | 250,000 | 247,663 | |
Series 2020-5A, Class D (3 month LIBOR + 3.550%) (C)(J) | 3.804 | 01-20-32 | 250,000 | 245,819 | |
Bayview Opportunity Master Fund IVa Trust | |||||
Series 2016-SPL1, Class A (C) | 4.000 | 04-28-55 | 38,896 | 38,800 | |
Series 2017-RT5, Class A (C)(I) | 3.500 | 05-28-69 | 180,138 | 180,515 | |
Series 2017-SPL1, Class A (C)(I) | 4.000 | 10-28-64 | 139,583 | 139,877 | |
Bayview Opportunity Master Fund IVb Trust | |||||
Series 2017-RT6, Class B2 (C)(I) | 4.000 | 10-28-57 | 100,000 | 98,507 | |
Bojangles Issuer LLC | |||||
Series 2020-1A, Class A2 (C) | 3.832 | 10-20-50 | 30,000 | 30,168 | |
BSPRT Issuer, Ltd. | |||||
Series 2018-FL4, Class A (1 month LIBOR + 1.050%) (C)(J) | 1.241 | 09-15-35 | 3,878 | 3,873 | |
Series 2021-FL6, Class A (1 month LIBOR + 1.100%) (C)(J) | 1.291 | 03-15-36 | 115,000 | 114,416 | |
Carlyle US CLO, Ltd. | |||||
Series 2020-2A, Class A1R (3 month LIBOR + 1.140%) (C)(J) | 1.398 | 01-25-35 | 250,000 | 247,420 | |
DataBank Issuer | |||||
Series 2021-1A, Class B (C) | 2.650 | 02-27-51 | 40,000 | 38,608 | |
DB Master Finance LLC | |||||
Series 2017-1A, Class A2II (C) | 4.030 | 11-20-47 | 48,000 | 49,172 | |
Domino’s Pizza Master Issuer LLC | |||||
Series 2017-1A, Class A23 (C) | 4.118 | 07-25-47 | 52,800 | 54,182 | |
Drive Auto Receivables Trust | |||||
Series 2021-1, Class D | 1.450 | 01-16-29 | 90,000 | 88,164 | |
Series 2021-2, Class D | 1.390 | 03-15-29 | 115,000 | 110,853 | |
Exeter Automobile Receivables Trust | |||||
Series 2020-1A, Class C (C) | 2.490 | 01-15-25 | 87,929 | 88,233 | |
Series 2021-3A, Class B | 0.690 | 01-15-26 | 299,000 | 295,353 |
32 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
First Investors Auto Owner Trust | |||||
Series 2021-2A, Class D (C) | 1.660 | 12-15-27 | 190,000 | $183,239 | |
FirstKey Homes Trust | |||||
Series 2021-SFR2, Class E2 (C) | 2.358 | 09-17-38 | 115,000 | 104,599 | |
Flagship Credit Auto Trust | |||||
Series 2020-2, Class C (C) | 3.800 | 04-15-26 | 155,000 | 157,854 | |
Series 2021-3, Class C (C) | 1.460 | 09-15-27 | 255,000 | 245,929 | |
Series 2021-3, Class D (C) | 1.650 | 09-15-27 | 51,000 | 48,979 | |
Flatiron CLO XX, Ltd. | |||||
Series 2020-1A, Class B (3 month LIBOR + 1.750%) (C)(J) | 2.230 | 11-20-33 | 100,000 | 99,366 | |
FS Rialto | |||||
Series 2021-FL3, Class A (1 month LIBOR + 1.250%) (C)(J) | 1.376 | 11-16-36 | 105,000 | 104,606 | |
Greystone Commercial Real Estate Notes, Ltd. | |||||
Series 2021-FL3, Class B (1 month LIBOR + 1.650%) (C)(J) | 1.841 | 07-15-39 | 100,000 | 99,453 | |
HalseyPoint CLO III, Ltd. | |||||
Series 2020-3A, Class A1A (3 month LIBOR + 1.450%) (C)(J) | 1.749 | 11-30-32 | 250,000 | 249,036 | |
Home Partners of America Trust | |||||
Series 2021-3, Class C (C) | 2.799 | 01-17-41 | 249,611 | 239,317 | |
LAD Auto Receivables Trust | |||||
Series 2021-1A, Class B (C) | 1.940 | 11-16-26 | 40,000 | 39,219 | |
Lendbuzz Securitization Trust | |||||
Series 2021-1A, Class A (C) | 1.460 | 06-15-26 | 100,225 | 99,306 | |
Madison Park Funding XIII, Ltd. | |||||
Series 2014-13A, Class AR2 (3 month LIBOR + 0.950%) (C)(J) | 1.198 | 04-19-30 | 244,929 | 244,330 | |
Mercury Financial Credit Card Master Trust | |||||
Series 2022-1A, Class A (C) | 2.500 | 09-21-26 | 125,000 | 123,548 | |
MF1, Ltd. | |||||
Series 2022-FL8, Class AS (SOFR + 1.750%) (C)(J) | 1.798 | 02-19-37 | 100,000 | 99,739 | |
Neuberger Berman Loan Advisers CLO, Ltd. | |||||
Series 2017-26A, Class BR (3 month LIBOR + 1.400%) (C)(J) | 1.641 | 10-18-30 | 250,000 | 248,901 | |
Palmer Square Loan Funding, Ltd. | |||||
Series 2021-3A, Class A2 (3 month LIBOR + 1.400%) (C)(J) | 1.654 | 07-20-29 | 250,000 | 248,928 | |
Series 2021-4A, Class C (3 month LIBOR + 2.600%) (C)(J) | 2.728 | 10-15-29 | 250,000 | 245,576 | |
Pretium Mortgage Credit Partners LLC | |||||
Series 2021-RN1, Class A2 (C) | 3.598 | 02-25-61 | 100,000 | 96,481 | |
Progress Residential Trust | |||||
Series 2020-SFR3, Class E (C) | 2.296 | 10-17-27 | 100,000 | 92,180 | |
Series 2021-SFR2, Class E1 (C) | 2.547 | 04-19-38 | 100,000 | 93,467 | |
Series 2021-SFR3, Class D (C) | 2.288 | 05-17-26 | 100,000 | 93,599 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 33 |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Series 2021-SFR5, Class B (C) | 1.658 | 07-17-38 | 100,000 | $93,488 | |
Series 2021-SFR8, Class E2 (C) | 2.532 | 10-17-38 | 125,000 | 114,450 | |
Sixth Street CLO XVI, Ltd. | |||||
Series 2020-16A, Class E (3 month LIBOR + 7.320%) (C)(J) | 7.574 | 10-20-32 | 150,000 | 147,858 | |
Sonic Capital LLC | |||||
Series 2020-1A, Class A2I (C) | 3.845 | 01-20-50 | 44,325 | 45,066 | |
Series 2021-1A, Class A2I (C) | 2.190 | 08-20-51 | 29,875 | 28,105 | |
Sound Point CLO XXVIII, Ltd. | |||||
Series 2020-3A, Class C (3 month LIBOR + 2.250%) (C)(J) | 2.508 | 01-25-32 | 250,000 | 248,438 | |
STWD, Ltd. | |||||
Series 2021-FL2, Class A (1 month LIBOR + 1.200%) (C)(J) | 1.337 | 04-18-38 | 143,000 | 141,505 | |
Taco Bell Funding LLC | |||||
Series 2021-1A, Class A2I (C) | 1.946 | 08-25-51 | 69,825 | 66,871 | |
Textainer Marine Containers LLC | |||||
Series 2021-3A, Class A (C) | 1.940 | 08-20-46 | 96,000 | 91,125 | |
Towd Point Mortgage Trust | |||||
Series 2019-3, Class M1 (C)(I) | 4.250 | 02-25-59 | 150,000 | 155,342 | |
Tricon American Homes Trust | |||||
Series 2020-SFR2, Class E1 (C) | 2.730 | 11-17-39 | 100,000 | 92,095 | |
Vantage Data Centers LLC | |||||
Series 2019-1A, Class A2 (C) | 3.188 | 07-15-44 | 34,125 | 34,380 | |
Venture CDO, Ltd. | |||||
Series 2013-13A, Class DR (3 month LIBOR + 3.300%) (C)(J) | 3.501 | 09-10-29 | 175,000 | 172,801 | |
Series 2018-34A, Class A (3 month LIBOR + 1.230%) (C)(J) | 1.471 | 10-15-31 | 200,000 | 199,212 | |
VOLT XCIV LLC | |||||
Series 2021-NPL3, Class A1 (C) | 2.240 | 02-27-51 | 73,946 | 72,629 | |
VOLT XCV LLC | |||||
Series 2021-NPL4, Class A1 (C) | 2.240 | 03-27-51 | 135,080 | 132,460 | |
Shares | Value | ||||
Common stocks 0.0% | $8,695 | ||||
(Cost $20,742) | |||||
United States 0.0% | 8,695 | ||||
Paragon Offshore PLC, Litigation Trust A (D)(K) | 2,695 | 270 | |||
Paragon Offshore PLC, Litigation Trust B (D)(K) | 1,348 | 8,425 | |||
Preferred securities 0.0% | $53,541 | ||||
(Cost $53,295) | |||||
United States 0.0% | 53,541 | ||||
Becton, Dickinson and Company, 6.000% | 976 | 52,372 | |||
Fluor Corp., 6.500% (C) | 1 | 1,169 |
34 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Exchange-traded funds 6.3% | $10,026,990 | ||||
(Cost $11,003,684) | |||||
iShares JP Morgan USD Emerging Markets Bond ETF (L) | 75,600 | 7,499,520 | |||
SPDR Bloomberg Convertible Securities ETF | 33,300 | 2,527,470 | |||
Par value^ | Value | ||||
Escrow certificates 0.0% | $46 | ||||
(Cost $491,686) | |||||
Alta Mesa Holdings LP (D)(K) | 460,000 | 46 | |||
Texas Competitive Electric Holdings Company LLC (D)(K) | 10,820,544 | 0 | |||
Yield (%) | Shares | Value | |||
Short-term investments 6.5% | $10,348,554 | ||||
(Cost $10,348,554) | |||||
Short-term funds 6.5% | 10,348,554 | ||||
John Hancock Collateral Trust (M) | 0.0896(N) | 831,484 | 8,316,084 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 0.0265(N) | 2,032,470 | 2,032,470 |
Total investments (Cost $182,881,474) 106.6% | $170,271,374 | ||||
Other assets and liabilities, net (6.6%) | (10,535,979) | ||||
Total net assets 100.0% | $159,735,395 |
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. | |
Currency Abbreviations | |
AUD | Australian Dollar |
BRL | Brazilian Real |
CLP | Chilean Peso |
COP | Colombian Peso |
CZK | Czech Republic Koruna |
EGP | Egyptian Pound |
EUR | Euro |
HUF | Hungarian Forint |
IDR | Indonesian Rupiah |
ILS | Israeli New Shekel |
ISK | Icelandic Krona |
JPY | Japanese Yen |
KRW | Korean Won |
MXN | Mexican Peso |
MYR | Malaysian Ringgit |
NOK | Norwegian Krone |
NZD | New Zealand Dollar |
PEN | Peruvian Nuevo Sol |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 35 |
PLN | Polish Zloty |
RON | Romanian New Leu |
RUB | Russian Ruble |
THB | Thai Bhat |
TRY | Turkish Lira |
UYU | Uruguayan Peso |
ZAR | South African Rand |
Security Abbreviations and Legend | |
CMT | Constant Maturity Treasury |
CPI | Consumer Price Index |
EURIBOR | Euro Interbank Offered Rate |
GO | General Obligation |
ICE | Intercontinental Exchange |
IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
LIBOR | London Interbank Offered Rate |
PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
SOFR | Secured Overnight Financing Rate |
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
(A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(B) | Security purchased or sold on a when-issued or delayed delivery basis. |
(C) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $37,598,065 or 23.5% of the fund’s net assets as of 2-28-22. |
(D) | Non-income producing security. |
(E) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(F) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
(G) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(H) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
(I) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(J) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(K) | 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. |
(L) | All or a portion of this security is on loan as of 2-28-22. |
(M) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(N) | The rate shown is the annualized seven-day yield as of 2-28-22. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
36 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
10-Year Canada Government Bond Futures | 39 | Long | Jun 2022 | $4,171,006 | $4,205,230 | $34,224 |
10-Year Mini Japan Government Bond Futures | 5 | Long | Mar 2022 | 654,249 | 654,764 | 515 |
5-Year U.S. Treasury Note Futures | 138 | Long | Jun 2022 | 16,240,227 | 16,322,813 | 82,586 |
10-Year Australian Treasury Bond Futures | 9 | Short | Mar 2022 | (872,801) | (879,383) | (6,582) |
10-Year U.S. Treasury Note Futures | 5 | Short | Jun 2022 | (631,051) | (637,188) | (6,137) |
2-Year U.S. Treasury Note Futures | 54 | Short | Jun 2022 | (11,598,278) | (11,622,234) | (23,956) |
5-Year Canada Government Bond Futures | 2 | Short | Jun 2022 | (190,309) | (191,164) | (855) |
Euro-Buxl Futures | 28 | Short | Mar 2022 | (6,433,254) | (6,209,301) | 223,953 |
Euro-OAT Futures | 1 | Short | Mar 2022 | (176,528) | (177,471) | (943) |
German Euro BOBL Futures | 9 | Short | Mar 2022 | (1,318,816) | (1,330,632) | (11,816) |
German Euro BUND Futures | 77 | Short | Mar 2022 | (14,367,998) | (14,421,603) | (53,605) |
U.K. Long Gilt Bond Futures | 5 | Short | Jun 2022 | (822,361) | (825,559) | (3,198) |
U.S. Treasury Long Bond Futures | 100 | Short | Jun 2022 | (15,429,504) | (15,668,750) | (239,246) |
Ultra U.S. Treasury Bond Futures | 18 | Short | Jun 2022 | (3,297,329) | (3,346,875) | (49,546) |
$(54,606) |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
AUD | 7,324,000 | USD | 5,294,044 | GSI | 3/31/2022 | $27,865 | — |
BRL | 52,237,000 | USD | 10,248,783 | CITI | 3/3/2022 | — | $(109,024) |
BRL | 16,805,000 | USD | 3,269,837 | GSI | 3/3/2022 | — | (7,807) |
BRL | 2,515,000 | USD | 489,281 | CITI | 4/4/2022 | — | (5,273) |
CAD | 1,430,000 | USD | 1,121,591 | BOA | 3/31/2022 | 6,775 | — |
CAD | 1,365,000 | USD | 1,069,867 | GSI | 3/31/2022 | 7,210 | — |
CAD | 745,000 | USD | 584,283 | MSI | 3/31/2022 | 3,572 | — |
CHF | 375,000 | USD | 408,886 | BOA | 3/31/2022 | 556 | — |
CLP | 2,466,150,000 | USD | 3,087,318 | MSI | 3/31/2022 | — | (11,864) |
COP | 4,493,816,000 | USD | 1,138,828 | MSI | 3/31/2022 | — | (711) |
CZK | 61,453,000 | USD | 2,836,641 | MSI | 3/31/2022 | — | (105,972) |
EUR | 149,000 | USD | 168,524 | BOA | 3/31/2022 | — | (1,257) |
EUR | 2,058,000 | USD | 2,331,814 | JPM | 3/31/2022 | — | (21,513) |
GBP | 3,920,000 | USD | 5,306,719 | BARC | 3/31/2022 | — | (46,621) |
HUF | 877,061,000 | USD | 2,784,674 | JPM | 3/31/2022 | — | (148,052) |
IDR | 44,395,000,000 | USD | 3,087,918 | JPM | 3/31/2022 | — | (5,347) |
INR | 6,895,000 | USD | 92,306 | JPM | 3/31/2022 | — | (1,163) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 37 |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
JPY | 676,987,000 | USD | 5,885,907 | BARC | 3/31/2022 | $6,610 | — |
KRW | 1,539,848,000 | USD | 1,290,303 | JPM | 3/31/2022 | — | $(10,292) |
NOK | 17,790,000 | USD | 1,999,246 | MSI | 3/31/2022 | 18,342 | — |
NZD | 1,308,000 | USD | 881,030 | MSI | 3/31/2022 | 3,678 | — |
PHP | 154,470,000 | USD | 2,996,741 | JPM | 3/31/2022 | 13,835 | — |
PLN | 12,604,000 | USD | 3,141,560 | BARC | 3/31/2022 | — | (145,441) |
RUB | 225,408,000 | USD | 2,893,742 | GSI | 3/31/2022 | — | (818,816) |
SEK | 7,980,000 | USD | 855,370 | GSI | 3/31/2022 | — | (12,219) |
THB | 35,437,000 | USD | 1,093,144 | JPM | 3/31/2022 | — | (8,508) |
TRY | 12,544,000 | USD | 891,669 | GSI | 3/31/2022 | — | (36,869) |
USD | 3,353,232 | AUD | 4,639,000 | GSI | 3/31/2022 | — | (17,649) |
USD | 9,874,539 | BRL | 52,237,000 | CITI | 3/3/2022 | — | (265,221) |
USD | 3,243,958 | BRL | 16,805,000 | GSI | 3/3/2022 | — | (18,072) |
USD | 914,774 | BRL | 4,697,000 | CITI | 3/31/2022 | 9,855 | — |
USD | 8,759,387 | BRL | 45,025,000 | CITI | 4/4/2022 | 94,401 | — |
USD | 485,289 | BRL | 2,515,000 | SSB | 4/4/2022 | 1,282 | — |
USD | 4,828,116 | CAD | 6,160,000 | GSI | 3/31/2022 | — | (32,536) |
USD | 1,425,420 | CHF | 1,311,000 | GSI | 3/31/2022 | — | (5,990) |
USD | 2,293,017 | CLP | 1,831,662,000 | MSI | 3/31/2022 | 8,812 | — |
USD | 1,312,243 | COP | 5,170,159,000 | CITI | 3/31/2022 | 2,834 | — |
USD | 108,869 | EUR | 96,000 | BOA | 3/31/2022 | 1,099 | — |
USD | 205,116 | EUR | 181,000 | BARC | 3/31/2022 | 1,927 | — |
USD | 19,381,901 | EUR | 17,064,594 | JPM | 3/31/2022 | 225,272 | — |
USD | 2,587,026 | GBP | 1,911,000 | BARC | 3/31/2022 | 22,728 | — |
USD | 3,853,304 | ILS | 12,415,000 | GSI | 3/31/2022 | — | (16,235) |
USD | 9,214,187 | JPY | 1,059,800,000 | BARC | 3/31/2022 | — | (10,348) |
USD | 13,240,245 | KRW | 15,787,470,000 | MSI | 3/31/2022 | 116,776 | — |
USD | 4,025,729 | MXN | 81,938,000 | GSI | 3/31/2022 | 44,462 | — |
USD | 6,139,111 | NOK | 54,628,000 | MSI | 3/31/2022 | — | (56,322) |
USD | 5,068,614 | NZD | 7,525,000 | MSI | 3/31/2022 | — | (21,162) |
USD | 4,028,538 | RUB | 313,803,000 | GSI | 3/31/2022 | 1,139,919 | — |
USD | 351,037 | RUB | 30,999,000 | JPM | 3/31/2022 | 65,684 | — |
USD | 1,458,416 | SEK | 13,606,000 | GSI | 3/31/2022 | 20,834 | — |
USD | 3,023,986 | SGD | 4,069,000 | MSI | 3/31/2022 | 22,977 | — |
USD | 95,252 | TRY | 1,340,000 | GSI | 3/31/2022 | 3,938 | — |
USD | 2,705,407 | ZAR | 41,143,000 | BARC | 3/31/2022 | 39,368 | — |
$1,910,611 | $(1,940,284) |
38 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Interest rate swaps | ||||||||||
Counterparty (OTC)/ Centrally cleared | Notional amount | Currency | Payments made | Payments received | Fixed payment frequency | Floating payment frequency | Maturity date | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
Centrally cleared | 510,000 | CAD | CAD CORRA Compounded OIS | Fixed 0.013% | Semi-Annual | Semi-Annual | Sep 2026 | — | $(10,641) | $(10,641) |
Centrally cleared | 510,000 | CAD | CAD CORRA Compounded OIS | Fixed 0.013% | Semi-Annual | Semi-Annual | Sep 2026 | — | (10,772) | (10,772) |
Centrally cleared | 1,290,000 | CAD | CAD BA CDOR | Fixed 1.269% | Semi-Annual | Semi-Annual | Sep 2026 | — | (35,821) | (35,821) |
Centrally cleared | 880,000 | CAD | CAD CORRA Compounded OIS | Fixed 1.283% | Semi-Annual | Semi-Annual | Nov 2026 | — | (16,054) | (16,054) |
Centrally cleared | 720,000 | CAD | CAD CORRA Compounded OIS | Fixed 1.266% | Semi-Annual | Semi-Annual | Nov 2026 | — | (13,585) | (13,585) |
Centrally cleared | 3,270,000 | CAD | CAD CORRA Compounded OIS | Fixed 1.530% | Semi-Annual | Semi-Annual | Dec 2026 | — | (31,560) | (31,560) |
Centrally cleared | 42,170,000 | MXN | MXN TIIE Banxico | Fixed 7.840% | Monthly | Monthly | Mar 2027 | $2,133 | (1,747) | 386 |
Centrally cleared | 8,650,000 | NZD | NZD BBR FRA | Fixed 2.660% | Semi-Annual | Quarterly | Mar 2027 | (20,285) | (71,173) | (91,458) |
Centrally cleared | 2,700,000 | NZD | NZD BBR FRA | Fixed 2.750% | Semi-Annual | Quarterly | Mar 2027 | 2,801 | (23,700) | (20,899) |
Centrally cleared | 2,770,000 | NZD | NZD BBR FRA | Fixed 2.590% | Semi-Annual | Quarterly | Mar 2027 | 1,395 | (36,786) | (35,391) |
Centrally cleared | 6,990,000 | CAD | CAD CORRA Compounded OIS | Fixed 1.512% | Semi-Annual | Semi-Annual | Mar 2027 | — | (92,426) | (92,426) |
Centrally cleared | 631,420,000 | HUF | HUF BUBOR Reuters | Fixed 5.130% | Annual | Semi-Annual | Mar 2027 | 1,115 | (25,963) | (24,848) |
Centrally cleared | 1,268,960,000 | HUF | HUF BUBOR Reuters | Fixed 5.000% | Annual | Semi-Annual | Mar 2027 | 7,838 | (78,895) | (71,057) |
Centrally cleared | 29,886,600 | MXN | MXN TIIE Banxico | Fixed 7.130% | Monthly | Monthly | Jun 2031 | 24,244 | (97,546) | (73,302) |
Centrally cleared | 34,270,000 | MXN | MXN TIIE Banxico | Fixed 6.910% | Monthly | Monthly | Sep 2031 | 1,848 | (112,656) | (110,808) |
Centrally cleared | 25,240,000 | MXN | MXN TIIE Banxico | Fixed 7.590% | Monthly | Monthly | Dec 2031 | (3,110) | (21,284) | (24,394) |
Centrally cleared | 89,890,000 | MXN | MXN TIIE Banxico | Fixed 7.340% | Monthly | Monthly | Mar 2032 | 1,757 | (179,410) | (177,653) |
Centrally cleared | 230,000 | GBP | Fixed 0.590% | GBP SONIA Compounded OIS | Annual | Annual | Dec 2051 | 634 | 48,447 | 49,081 |
Centrally cleared | 250,000 | GBP | Fixed 0.560% | GBP SONIA Compounded OIS | Annual | Annual | Mar 2052 | 635 | 55,723 | 56,358 |
Centrally cleared | 240,000 | GBP | Fixed 0.660% | GBP SONIA Compounded OIS | Annual | Annual | Mar 2072 | 1,276 | 51,234 | 52,510 |
Centrally cleared | 230,000 | GBP | Fixed 0.340% | GBP SONIA Compounded OIS | Annual | Annual | Mar 2072 | 133 | 87,097 | 87,230 |
$22,414 | $(617,518) | $(595,104) |
Credit default swaps - Buyer | ||||||||||
Counterparty (OTC)/ Centrally cleared | Reference obligation | Notional amount | Currency | USD notional amount | Pay fixed rate | Fixed payment frequency | Maturity date | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
BARC | Federative Republic of Brazil | 740,000 | USD | $740,000 | 1.000% | Quarterly | Dec 2026 | $37,688 | $776 | $38,464 |
BARC | Federative Republic of Brazil | 755,000 | USD | 755,000 | 1.000% | Quarterly | Dec 2026 | 38,125 | 1,119 | 39,244 |
BARC | Federative Republic of Brazil | 350,000 | USD | 350,000 | 1.000% | Quarterly | Dec 2026 | 17,968 | 225 | 18,193 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 39 |
Credit default swaps - Buyer (continued) | ||||||||||
Counterparty (OTC)/ Centrally cleared | Reference obligation | Notional amount | Currency | USD notional amount | Pay fixed rate | Fixed payment frequency | Maturity date | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
BARC | Federative Republic of Brazil | 555,000 | USD | $555,000 | 1.000% | Quarterly | Dec 2026 | $29,906 | $(1,058) | $28,848 |
BARC | Federative Republic of Brazil | 1,690,000 | USD | 1,690,000 | 1.000% | Quarterly | Dec 2026 | 99,223 | (11,191) | 88,032 |
BARC | Republic of South Africa | 735,000 | USD | 735,000 | 1.000% | Quarterly | Dec 2026 | 33,376 | 6,108 | 39,484 |
BARC | Republic of South Africa | 735,000 | USD | 735,000 | 1.000% | Quarterly | Dec 2026 | 36,799 | 2,685 | 39,484 |
BARC | Republic of South Africa | 535,000 | USD | 535,000 | 1.000% | Quarterly | Dec 2026 | 25,430 | 3,310 | 28,740 |
BARC | Republic of South Africa | 550,000 | USD | 550,000 | 1.000% | Quarterly | Dec 2026 | 26,417 | 3,129 | 29,546 |
BARC | Republic of South Africa | 730,000 | USD | 730,000 | 1.000% | Quarterly | Dec 2026 | 35,558 | 3,658 | 39,216 |
BARC | Republic of South Africa | 720,000 | USD | 720,000 | 1.000% | Quarterly | Dec 2026 | 37,023 | 1,716 | 38,739 |
CITI | Republic of Chile | 520,000 | USD | 520,000 | 1.000% | Quarterly | Dec 2026 | (4,729) | (379) | (5,108) |
GSI | Republic of South Africa | 735,000 | USD | 735,000 | 1.000% | Quarterly | Dec 2026 | 36,133 | 3,351 | 39,484 |
JPM | Republic of Korea | 2,110,000 | USD | 2,110,000 | 1.000% | Quarterly | Dec 2024 | (40,640) | (7,460) | (48,100) |
JPM | Republic of Chile | 875,000 | USD | 875,000 | 1.000% | Quarterly | Dec 2026 | (8,365) | (157) | (8,522) |
MSI | Government of Japan | 2,090,000 | USD | 2,090,000 | 1.000% | Quarterly | Dec 2024 | (42,876) | (13,665) | (56,541) |
MSI | Federative Republic of Brazil | 725,000 | USD | 725,000 | 1.000% | Quarterly | Dec 2026 | 42,416 | (4,651) | 37,765 |
MSI | Republic of Chile | 1,035,000 | USD | 1,035,000 | 1.000% | Quarterly | Dec 2026 | (12,200) | 2,033 | (10,167) |
MSI | Republic of Peru | 175,000 | USD | 175,000 | 1.000% | Quarterly | Dec 2026 | (1,615) | 689 | (926) |
MSI | Republic of Peru | 2,080,000 | USD | 2,080,000 | 1.000% | Quarterly | Dec 2026 | (12,951) | 2,062 | (10,889) |
MSI | Republic of South Africa | 735,000 | USD | 735,000 | 1.000% | Quarterly | Dec 2026 | 34,475 | 5,009 | 39,484 |
$19,175,000 | $407,161 | $(2,691) | $404,470 |
Credit default swaps - Seller | |||||||||||
Counterparty (OTC)/ Centrally cleared | Reference obligation | Implied credit spread | Notional amount | Currency | USD notional amount | Received fixed rate | Fixed payment frequency | Maturity date | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
BARC | Republic of Panama | 0.874% | 25,000 | USD | $25,000 | 1.000% | Quarterly | Jun 2026 | $209 | $(30) | $179 |
CITI | Republic of Panama | 0.874% | 25,000 | USD | 25,000 | 1.000% | Quarterly | Jun 2026 | 262 | (83) | 179 |
GSI | Republic of Panama | 0.874% | 20,000 | USD | 20,000 | 1.000% | Quarterly | Jun 2026 | 176 | (33) | 143 |
MSI | Republic of Panama | 0.874% | 25,000 | USD | 25,000 | 1.000% | Quarterly | Jun 2026 | 219 | (40) | 179 |
�� | $95,000 | $866 | $(186) | $680 |
Total return swaps | ||||||||||
Pay/ receive total return* | Reference entity | Floating/ fixed rate | Payment frequency | Currency | Notional amount | Maturity date | Counterparty (OTC) | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
Pay | iBoxx $ Liquid Leveraged Loan Index | 1-Day USD Compounded SOFR | At Maturity | USD | 700,000 | Sep 2022 | GSI | — | $4,621 | $4,621 |
40 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Total return swaps (continued) | ||||||||||
Pay/ receive total return* | Reference entity | Floating/ fixed rate | Payment frequency | Currency | Notional amount | Maturity date | Counterparty (OTC) | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
Pay | iBoxx $ Liquid Leveraged Loan Index | 1-Day USD Compounded SOFR | At Maturity | USD | 700,000 | Sep 2022 | MSI | — | $7,623 | $7,623 |
Pay | iBoxx $ Liquid Leveraged Loan Index | 1-Day USD Compounded SOFR | At Maturity | USD | 700,000 | Sep 2022 | MSI | — | 4,621 | 4,621 |
Receive | iBoxx $ Liquid Leveraged Loan Index | 3-Month USD LIBOR | At Maturity | USD | 1,000,000 | Mar 2022 | MSI | — | (6,785) | (6,785) |
— | $10,080 | $10,080 |
Inflation swaps | |||||||||||
Counterparty (OTC)/ Centrally cleared | Notional amount | Currency | USD notional amount | Payments made | Payments received | Fixed payment frequency | Floating payment frequency | Maturity date | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
BARC | 390,000 | USD | $390,000 | USA CPI All Urban Consumers | Fixed 2.614% | At Maturity | At Maturity | Jun 2026 | — | $(28,339) | $(28,339) |
BOA | 810,000 | USD | 810,000 | USA CPI All Urban Consumers | Fixed 2.402% | At Maturity | At Maturity | Mar 2026 | — | (73,124) | (73,124) |
BOA | 810,000 | USD | 810,000 | Fixed 2.354% | USA CPI All Urban Consumers | At Maturity | At Maturity | Mar 2031 | — | 88,227 | 88,227 |
CITI | 210,000 | USD | 210,000 | Fixed 2.289% | USA CPI All Urban Consumers | At Maturity | At Maturity | Jul 2030 | — | 26,672 | 26,672 |
JPM | 760,000 | GBP | 1,008,216 | UK RPI | Fixed 4.405% | At Maturity | At Maturity | Dec 2031 | — | (32,313) | (32,313) |
JPM | 730,000 | GBP | 965,206 | UK RPI | Fixed 4.298% | At Maturity | At Maturity | Dec 2031 | — | (44,541) | (44,541) |
$4,193,422 | — | $(63,418) | $(63,418) |
Derivatives Currency Abbreviations | |
AUD | Australian Dollar |
BRL | Brazilian Real |
CAD | Canadian Dollar |
CHF | Swiss Franc |
CLP | Chilean Peso |
COP | Colombian Peso |
CZK | Czech Republic Koruna |
EUR | Euro |
GBP | Pound Sterling |
HUF | Hungarian Forint |
IDR | Indonesian Rupiah |
ILS | Israeli New Shekel |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 41 |
INR | Indian Rupee |
JPY | Japanese Yen |
KRW | Korean Won |
MXN | Mexican Peso |
NOK | Norwegian Krone |
NZD | New Zealand Dollar |
PHP | Philippine Peso |
PLN | Polish Zloty |
RUB | Russian Ruble |
SEK | Swedish Krona |
SGD | Singapore Dollar |
THB | Thai Bhat |
TRY | Turkish Lira |
USD | U.S. Dollar |
ZAR | South African Rand |
Derivatives Abbreviations | |
BARC | Barclays Bank PLC |
BBR | Bank Bill Rate |
BOA | Bank of America, N.A. |
BUBOR | Budapest Interbank Offered Rate |
CDOR | Canadian Dollar Offered Rate |
CITI | Citibank, N.A. |
CORRA | Canadian Overnight Repo Rate Average |
CPI | Consumer Price Index |
GSI | Goldman Sachs International |
JPM | JPMorgan Chase Bank, N.A. |
LIBOR | London Interbank Offered Rate |
MSI | Morgan Stanley & Co. International PLC |
OIS | Overnight Index Swap |
OTC | Over-the-counter |
RPI | Retail Price Index |
SOFR | Secured Overnight Financing Rate |
SONIA | Sterling Overnight Interbank Average Rate |
SSB | State Street Bank and Trust Company |
TIIE | Tasa de Interes Interbancario de Equilibrio (Interbank Equilibrium Interest Rate) |
42 | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $174,565,390) including $8,152,490 of securities loaned | $161,955,290 |
Affiliated investments, at value (Cost $8,316,084) | 8,316,084 |
Total investments, at value (Cost $182,881,474) | 170,271,374 |
Swap contracts, at value (net unamortized upfront payment of $531,403) | 677,167 |
Unrealized appreciation on forward foreign currency contracts | 1,910,611 |
Cash | 133,909 |
Foreign currency, at value (Cost $172,806) | 177,397 |
Collateral segregated at custodian for OTC derivative contracts | 70,000 |
Dividends and interest receivable | 1,292,918 |
Receivable for fund shares sold | 18,382 |
Receivable for investments sold | 8,792,811 |
Receivable for delayed delivery securities sold | 5,953,369 |
Receivable for securities lending income | 413 |
Receivable from affiliates | 27,607 |
Other assets | 76,815 |
Total assets | 189,402,773 |
Liabilities | |
Unrealized depreciation on forward foreign currency contracts | 1,940,284 |
Swap contracts, at value (net unamortized upfront payment of $123,376) | 325,355 |
Payable for centrally cleared swaps | 9,462 |
Payable for futures variation margin | 394,180 |
Payable for collateral on OTC derivatives | 453,000 |
Payable for investments purchased | 2,813,721 |
Payable for delayed delivery securities purchased | 14,928,338 |
Payable for fund shares repurchased | 139,289 |
Payable upon return of securities loaned | 8,316,124 |
Payable to affiliates | |
Accounting and legal services fees | 5,637 |
Transfer agent fees | 7,232 |
Trustees’ fees | 1,823 |
Other liabilities and accrued expenses | 332,933 |
Total liabilities | 29,667,378 |
Net assets | $159,735,395 |
Net assets consist of | |
Paid-in capital | $178,230,328 |
Total distributable earnings (loss) | (18,494,933) |
Net assets | $159,735,395 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 43 |
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 ($59,031,516 ÷ 4,712,638 shares)1 | $12.53 |
Class C ($2,600,765 ÷ 207,206 shares)1 | $12.55 |
Class I ($14,634,795 ÷ 1,169,091 shares) | $12.52 |
Class R6 ($53,170,659 ÷ 4,249,590 shares) | $12.51 |
Class 1 ($30,297,660 ÷ 2,422,161 shares) | $12.51 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $13.19 |
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. |
44 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Interest | $2,162,037 |
Dividends | 153,476 |
Securities lending | 458 |
Less foreign taxes withheld | (12,547) |
Total investment income | 2,303,424 |
Expenses | |
Investment management fees | 399,986 |
Distribution and service fees | 50,202 |
Accounting and legal services fees | 9,963 |
Transfer agent fees | 23,559 |
Trustees’ fees | 521 |
Custodian fees | 83,132 |
State registration fees | 50,398 |
Printing and postage | 6,935 |
Professional fees | 126,274 |
Other | 8,859 |
Total expenses | 759,829 |
Less expense reductions | (193,316) |
Net expenses | 566,513 |
Net investment income | 1,736,911 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | (2,300,679) |
Affiliated investments | (226) |
Futures contracts | 1,647,850 |
Forward foreign currency contracts | (7,804) |
Swap contracts | 617,226 |
(43,633) | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (11,876,982) |
Futures contracts | (124,504) |
Forward foreign currency contracts | 119,132 |
Swap contracts | (700,619) |
(12,582,973) | |
Net realized and unrealized gain | (12,626,606) |
Increase in net assets from operations | $(10,889,695) |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 45 |
Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $1,736,911 | $1,237,619 |
Net realized gain | (43,633) | 781,476 |
Change in net unrealized appreciation (depreciation) | (12,582,973) | (619,308) |
Increase in net assets resulting from operations | (10,889,695) | 1,399,787 |
Distributions to shareholders | ||
From earnings | ||
Class A | (608,095) | — |
Class C | (3,990) | — |
Class I | (289,583) | — |
Class R6 | (618,235) | — |
Class 1 | (430,843) | (2,057,556) |
Total distributions | (1,950,746) | (2,057,556) |
From fund share transactions | ||
Fund share transactions | (8,583,201) | 46,368,145 |
Issued in reorganization | 94,289,023 | — |
From fund share transactions | 85,705,822 | 46,368,145 |
Total increase | 72,865,381 | 45,710,376 |
Net assets | ||
Beginning of period | 86,870,014 | 41,159,638 |
End of period | $159,735,395 | $86,870,014 |
46 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 2-28-221 | 8-31-212 |
Per share operating performance | ||
Net asset value, beginning of period | $13.66 | $13.52 |
Net investment income3 | 0.18 | 0.07 |
Net realized and unrealized gain (loss) on investments | (1.19) | 0.07 |
Total from investment operations | (1.01) | 0.14 |
Less distributions | ||
From net investment income | (0.12) | — |
Net asset value, end of period | $12.53 | $13.66 |
Total return (%)4,5 | (7.59)6 | 1.046 |
Ratios and supplemental data | ||
Net assets, end of period (in millions) | $59 | $—7 |
Ratios (as a percentage of average net assets): | ||
Expenses before reductions | 1.428 | 1.539 |
Expenses including reductions | 1.168 | 1.169 |
Net investment income | 2.709 | 2.229 |
Portfolio turnover (%) | 4110 | 6111 |
1 | Six months ended 2-28-22. Unaudited. |
2 | The inception date for Class A shares is 6-4-21. |
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. Certain expenses are presented unannualized. |
9 | Annualized. |
10 | Excludes merger activity. |
11 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 47 |
CLASS C SHARES Period ended | 2-28-221 | 8-31-212 |
Per share operating performance | ||
Net asset value, beginning of period | $13.64 | $13.52 |
Net investment income3 | 0.13 | 0.05 |
Net realized and unrealized gain (loss) on investments | (1.20) | 0.07 |
Total from investment operations | (1.07) | 0.12 |
Less distributions | ||
From net investment income | (0.02) | — |
Net asset value, end of period | $12.55 | $13.64 |
Total return (%)4,5 | (7.94)6 | 0.896 |
Ratios and supplemental data | ||
Net assets, end of period (in millions) | $3 | $—7 |
Ratios (as a percentage of average net assets): | ||
Expenses before reductions | 2.178 | 2.289 |
Expenses including reductions | 1.918 | 1.919 |
Net investment income | 1.949 | 1.529 |
Portfolio turnover (%) | 4110 | 6111 |
1 | Six months ended 2-28-22. Unaudited. |
2 | The inception date for Class C shares is 6-4-21. |
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. Certain expenses are presented unannualized. |
9 | Annualized. |
10 | Excludes merger activity. |
11 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
48 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 2-28-221 | 8-31-212 |
Per share operating performance | ||
Net asset value, beginning of period | $13.67 | $13.52 |
Net investment income3 | 0.20 | 0.07 |
Net realized and unrealized gain (loss) on investments | (1.20) | 0.08 |
Total from investment operations | (1.00) | 0.15 |
Less distributions | ||
From net investment income | (0.15) | — |
Net asset value, end of period | $12.52 | $13.67 |
Total return (%)4 | (7.49)5 | 1.115 |
Ratios and supplemental data | ||
Net assets, end of period (in millions) | $15 | $—6 |
Ratios (as a percentage of average net assets): | ||
Expenses before reductions | 1.167 | 1.288 |
Expenses including reductions | 0.917 | 0.918 |
Net investment income | 2.958 | 2.118 |
Portfolio turnover (%) | 419 | 6110 |
1 | Six months ended 2-28-22. Unaudited. |
2 | The inception date for Class I shares is 6-4-21. |
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 | Less than $500,000. |
7 | Annualized. Certain expenses are presented unannualized. |
8 | Annualized. |
9 | Excludes merger activity. |
10 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 49 |
CLASS R6 SHARES Period ended | 2-28-221 | 8-31-212 |
Per share operating performance | ||
Net asset value, beginning of period | $13.68 | $13.52 |
Net investment income3 | 0.19 | 0.08 |
Net realized and unrealized gain (loss) on investments | (1.19) | 0.08 |
Total from investment operations | (1.00) | 0.16 |
Less distributions | ||
From net investment income | (0.17) | — |
Net asset value, end of period | $12.51 | $13.68 |
Total return (%)4 | (7.46)5 | 1.185 |
Ratios and supplemental data | ||
Net assets, end of period (in millions) | $53 | $50 |
Ratios (as a percentage of average net assets): | ||
Expenses before reductions | 1.066 | 1.187 |
Expenses including reductions | 0.816 | 0.817 |
Net investment income | 2.877 | 2.497 |
Portfolio turnover (%) | 418 | 619 |
1 | Six months ended 2-28-22. Unaudited. |
2 | The inception date for Class R6 shares is 6-4-21. |
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 | Annualized. Certain expenses are presented unannualized. |
7 | Annualized. |
8 | Excludes merger activity. |
9 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
50 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS 1 SHARES Period ended | 2-28-221 | 8-31-21 | 8-31-20 | 8-31-19 | 8-31-18 | 8-31-17 |
Per share operating performance | ||||||
Net asset value, beginning of period | $13.67 | $13.98 | $13.27 | $12.72 | $12.84 | $13.09 |
Net investment income2 | 0.19 | 0.36 | 0.23 | 0.24 | 0.26 | 0.18 |
Net realized and unrealized gain (loss) on investments | (1.19) | 0.03 | 0.94 | 0.48 | (0.38) | (0.08) |
Total from investment operations | (1.00) | 0.39 | 1.17 | 0.72 | (0.12) | 0.10 |
Less distributions | ||||||
From net investment income | (0.16) | (0.70) | (0.46) | (0.17) | — | (0.31) |
From net realized gain | — | — | — | — | — | (0.04) |
Total distributions | (0.16) | (0.70) | (0.46) | (0.17) | — | (0.35) |
Net asset value, end of period | $12.51 | $13.67 | $13.98 | $13.27 | $12.72 | $12.84 |
Total return (%)3 | (7.50)4 | 2.84 | 9.15 | 5.75 | (0.93) | 1.05 |
Ratios and supplemental data | ||||||
Net assets, end of period (in millions) | $30 | $36 | $41 | $47 | $51 | $59 |
Ratios (as a percentage of average net assets): | ||||||
Expenses before reductions | 1.115 | 1.22 | 1.666 | 1.206 | 0.86 | 0.83 |
Expenses including reductions | 0.855 | 0.85 | 0.966 | 1.166 | 0.85 | 0.82 |
Net investment income | 2.857 | 2.62 | 1.77 | 2.05 | 2.04 | 1.48 |
Portfolio turnover (%) | 418 | 61 | 2249 | 53 | 31 | 56 |
1 | Six months ended 2-28-22. 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. Certain expenses are presented unannualized. |
6 | Includes interest expense of 0.09% and 0.26% for the year ended August 31, 2020 and the year ended August 31, 2019, respectively. |
7 | Annualized. |
8 | Excludes merger activity. |
9 | Increase in portfolio turnover rate resulted from repositioning of the portfolio during the period in accordance with investment policy changes approved by the Board of Trustees. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 51 |
52 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $15,305,989 | — | $15,305,989 | — |
Foreign government obligations | 72,980,411 | — | 72,980,411 | — |
Corporate bonds | 30,902,037 | — | 30,902,037 | — |
Convertible bonds | 2,750,516 | — | 2,750,516 | — |
Municipal bonds | 1,261,753 | — | 1,261,753 | — |
Term loans | 9,543,410 | — | 9,543,410 | — |
Collateralized mortgage obligations | 9,505,081 | — | 9,505,081 | — |
Asset backed securities | 7,584,351 | — | 7,584,351 | — |
Common stocks | 8,695 | — | — | $8,695 |
Preferred securities | 53,541 | $52,372 | 1,169 | — |
Exchange-traded funds | 10,026,990 | 10,026,990 | — | — |
Escrow certificates | 46 | — | — | 46 |
Short-term investments | 10,348,554 | 10,348,554 | — | — |
Total investments in securities | $170,271,374 | $20,427,916 | $149,834,717 | $8,741 |
Derivatives: | ||||
Assets | ||||
Futures | $341,278 | $341,278 | — | — |
Forward foreign currency contracts | 1,910,611 | — | $1,910,611 | — |
SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 53 |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Swap contracts | $922,732 | — | $922,732 | — |
Liabilities | ||||
Futures | (395,884) | $(395,884) | — | — |
Forward foreign currency contracts | (1,940,284) | — | (1,940,284) | — |
Swap contracts | (1,166,024) | — | (1,166,024) | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
54 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 55 |
56 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 57 |
58 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 59 |
60 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Interest rate | Receivable/payable for futures variation margin1 | Futures | $341,278 | $(395,884) |
Currency | Unrealized appreciation (depreciation) on forward foreign currency contracts | Forward foreign currency contracts | 1,910,611 | (1,940,284) |
Credit | Swap contracts, at value2 | Credit default swaps | 545,403 | (140,253) |
Interest rate | Swap contracts, at value | Total return swaps | 16,865 | (6,785) |
Interest rate | Swap contracts, at value2 | Interest rate swaps | 245,565 | (840,669) |
Interest rate | Swap contracts, at value | Inflation swaps | 114,899 | (178,317) |
$3,174,621 | $(3,502,192) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the period end variation margin receivable/payable is separately reported on the Statement of assets and liabilities. |
2 | Reflects cumulative value of swap contracts. Receivable/payable for centrally cleared swaps, which includes value and margin, and swap contracts at value, which represents OTC swaps, are shown separately on the Statement of assets and liabilities. |
OTC Financial Instruments | Asset | Liability |
Forward foreign currency contracts | $1,910,611 | $(1,940,284) |
Swap contracts | 677,167 | (325,355) |
Totals | $2,587,778 | $(2,265,639) |
Counterparty | Assets | Liabilities | Total Market Value of OTC Derivatives | Collateral Posted by Counterparty1 | Collateral Posted by Fund1 | Net Exposure |
Bank of America, N.A. | $96,657 | $(74,381) | $22,276 | — | — | $22,276 |
Barclays Bank PLC | 498,802 | (230,749) | 268,053 | $70,000 | — | 198,053 |
Citibank, N.A. | 133,941 | (384,626) | (250,685) | — | $250,685 | — |
SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 61 |
Counterparty | Assets | Liabilities | Total Market Value of OTC Derivatives | Collateral Posted by Counterparty1 | Collateral Posted by Fund1 | Net Exposure |
Goldman Sachs International | $1,288,476 | $(966,193) | $322,283 | $210,000 | — | $112,283 |
JPMorgan Chase Bank, N.A. | 304,791 | (328,351) | (23,560) | — | $10,000 | (13,560) |
Morgan Stanley & Co. International PLC | 263,829 | (281,339) | (17,510) | — | — | (17,510) |
State Street Bank and Trust Company | 1,282 | — | 1,282 | — | — | 1,282 |
Totals | $2,587,778 | $(2,265,639) | $322,139 | $280,000 | $260,685 | $302,824 |
1 Reflects collateral posted by the counterparty or posted by the fund, excluding any excess collateral amounts. |
Statement of operations location - Net realized gain (loss) on: | ||||
Risk | Futures contracts | Forward foreign currency contracts | Swap contracts | Total |
Interest rate | $1,647,850 | — | $360,589 | $2,008,439 |
Currency | — | $(7,804) | — | (7,804) |
Credit | — | — | 256,637 | 256,637 |
Total | $1,647,850 | $(7,804) | $617,226 | $2,257,272 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | ||||
Risk | Futures contracts | Forward foreign currency contracts | Swap contracts | Total |
Interest rate | $(124,504) | — | $(634,787) | $(759,291) |
Currency | — | $119,132 | — | 119,132 |
Credit | — | — | (65,832) | (65,832) |
Total | $(124,504) | $119,132 | $(700,619) | $(705,991) |
62 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
Class | Expense reduction |
Class A | $47,776 |
Class C | 2,096 |
Class I | 15,296 |
Class | Expense reduction |
Class R6 | $77,322 |
Class 1 | 50,826 |
Total | $193,316 |
SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 63 |
Class | Rule 12b-1 Fee |
Class A | 0.25% |
Class C | 1.00% |
Class 1 | 0.05% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $35,473 | $15,560 |
Class C | 6,227 | 683 |
Class I | — | 5,214 |
Class R6 | — | 2,102 |
64 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class 1 | $8,502 | — |
Total | $50,202 | $23,559 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class A shares1 | ||||
Sold | 26,257 | $344,325 | 5,813 | $78,745 |
Issued in reorganization (Note 9) | 5,073,351 | 67,630,816 | — | — |
Distributions reinvested | 46,047 | 607,361 | — | — |
Repurchased | (438,830) | (5,690,293) | — | — |
Net increase | 4,706,825 | $62,892,209 | 5,813 | $78,745 |
Class C shares1 | ||||
Sold | 177 | $2,311 | 3,698 | $50,000 |
Issued in reorganization (Note 9) | 215,078 | 2,855,762 | — | — |
Distributions reinvested | 296 | 3,921 | — | — |
Repurchased | (12,043) | (157,476) | — | — |
Net increase | 203,508 | $2,704,518 | 3,698 | $50,000 |
Class I shares1 | ||||
Sold | 116,700 | $1,550,888 | 16,354 | $223,000 |
Issued in reorganization (Note 9) | 1,778,097 | 23,732,623 | — | — |
Distributions reinvested | 21,937 | 288,905 | — | — |
Repurchased | (763,997) | (9,903,253) | — | — |
Net increase | 1,152,737 | $15,669,163 | 16,354 | $223,000 |
Class R6 shares1 | ||||
Sold | 579,932 | $7,522,275 | 3,666,840 | $49,850,000 |
Issued in reorganization (Note 9) | 5,228 | 69,822 | — | — |
Distributions reinvested | 87 | 1,142 | — | — |
Repurchased | (2,497) | (32,920) | — | — |
Net increase | 582,750 | $7,560,319 | 3,666,840 | $49,850,000 |
SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 65 |
Six Months Ended 2-28-22 | Year Ended 8-31-21 | |||
Shares | Amount | Shares | Amount | |
Class 1 shares | ||||
Sold | 257,607 | $3,440,574 | 407,153 | $5,580,071 |
Distributions reinvested | 32,739 | 430,843 | 151,737 | 2,057,556 |
Repurchased | (528,684) | (6,991,804) | (842,587) | (11,471,227) |
Net decrease | (238,338) | $(3,120,387) | (283,697) | $(3,833,600) |
Total net increase | 6,407,482 | $85,705,822 | 3,409,008 | $46,368,145 |
1 | The inception date for Class A, Class C, Class I, and Class R6 shares is 6-4-21. |
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* | 831,484 | — | $16,056,835 | $(7,740,525) | $(226) | — | $458 | — | $8,316,084 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
66 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
Acquiring Portfolio | Acquired Portfolio | Net Asset Value of the Acquired Portfolio | Depreciation of the Acquired Portfolio’s Investments | Shares Redeemed by the Acquired Portfolio | Shares Issued by the Acquiring Portfolio | Acquiring Portfolio Net Assets Prior to Combination | Acquiring Portfolio Total Net Assets After Combination |
Opportunistic Fixed Income Fund | Short Duration Credit Opportunities Fund | $94,289,023 | ($977,122) | 9,816,061 | 7,071,754 | $85,743,663 | $180,032,686 |
Net Investment Income | $2,362,317 |
Net realized and unrealized gain | (14,805,132) |
Increase (decrease) in net assets from operations | ($12,442,815) |
SEMIANNUAL REPORT | JOHN HANCOCK Opportunistic Fixed Income Fund | 67 |
68 | JOHN HANCOCK Opportunistic Fixed Income Fund | SEMIANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Brij S. Khurana
You can also contact us: | ||
800-225-5291 | Regular mail: | Express mail: |
jhinvestments.com | John Hancock Signature Services, Inc. P.O. Box 219909 Kansas City, MO 64121-9909 | John Hancock Signature Services, Inc. 430 W 7th Street Suite 219909 Kansas City, MO 64105-1407 |
SEMIANNUAL REPORT | JOHN HANCOCK OPPORTUNISTIC FIXED INCOME FUND | 69 |
GOVERNANCE FUNDS
with a heritage of financial stewardship dating back to 1862. Helping
our shareholders pursue their financial goals is at the core of everything
we do. It’s why we support the role of professional financial advice
and operate with the highest standards of conduct and integrity.
We search the world to find proven portfolio teams with specialized
expertise for every strategy we offer, then we apply robust investment
oversight to ensure they continue to meet our uncompromising
standards and serve the best interests of our shareholders.
a diverse set of investments backed by some of the world’s best
managers, along with strong risk-adjusted returns across asset classes.
200 Berkeley Street, Boston, MA 02116-5010, 800-225-5291, jhinvestments.com
MF2071669 | 476SA 2/22 |
Fund | Portfolio of investments | |
6 | ||
7 | ||
15 | ||
25 | ||
27 |
Fund | Portfolio of investments | |
35 | ||
51 | ||
53 | ||
55 | ||
76 |
2 |
Sector Composition (% of net assets) | |
Information technology | 42.0 |
Consumer discretionary | 29.7 |
Communication services | 13.4 |
Health care | 6.4 |
Consumer staples | 3.4 |
Financials | 2.7 |
Industrials | 1.6 |
Short-term investments and other | 0.8 |
Portfolio Composition (% of net assets) | |
Common stocks | 66.5 |
Term loans | 13.8 |
Corporate bonds | 8.1 |
U.S. Government | 3.0 |
Preferred securities | 0.7 |
Short-term investments and other | 7.9 |
Portfolio Composition (% of total investments) | |
U.S. Government | 32.3 |
Corporate bonds | 25.5 |
U.S. Government Agency | 20.7 |
Collateralized mortgage obligations | 7.9 |
Asset backed securities | 6.2 |
Foreign government obligations | 0.8 |
Municipal bonds | 0.3 |
Short-term investments | 6.3 |
Industry Composition (% of net assets) | |
Biotechnology | 27.3 |
Health care providers and services | 19.0 |
Life sciences tools and services | 18.0 |
Health care equipment and supplies | 17.9 |
Pharmaceuticals | 12.9 |
Health care technology | 3.1 |
Specialty retail | 0.5 |
Industrial conglomerates | 0.4 |
Capital markets | 0.3 |
Short-term investments and other | 0.6 |
Portfolio Composition (% of net assets) | |
Corporate bonds | 84.2 |
Term loans | 5.4 |
Asset backed securities | 5.0 |
Convertible bonds | 1.5 |
Preferred securities | 0.8 |
Common stocks | 0.8 |
Foreign government obligations | 0.6 |
Short-term investments and other | 1.7 |
Sector Composition (% of net assets) | |
Financials | 24.2 |
Information technology | 11.2 |
Industrials | 11.0 |
Consumer discretionary | 10.7 |
Health care | 8.1 |
Consumer staples | 7.7 |
Materials | 7.5 |
Communication services | 5.6 |
Energy | 4.8 |
Utilities | 3.1 |
Real estate | 2.1 |
Short-term investments and other | 4.0 |
Sector Composition (% of net assets) | |
Financials | 18.8 |
Health care | 13.8 |
Materials | 11.6 |
Energy | 11.5 |
Consumer staples | 9.0 |
Real estate | 7.2 |
Utilities | 7.2 |
Industrials | 6.0 |
Communication services | 5.6 |
Consumer discretionary | 2.4 |
Information technology | 1.2 |
Short-term investments and other | 5.7 |
Sector Composition (% of net assets) | |
Information technology | 58.9 |
Consumer discretionary | 22.6 |
Communication services | 12.6 |
Industrials | 0.3 |
Short-term investments and other | 5.6 |
Sector Composition (% of net assets) | |
Financials | 19.0 |
Information technology | 18.7 |
Consumer discretionary | 10.7 |
Health care | 9.3 |
Industrials | 8.9 |
Consumer staples | 8.0 |
Communication services | 7.3 |
Materials | 4.4 |
Energy | 4.4 |
Utilities | 2.5 |
Real estate | 2.3 |
Short-term investments and other | 4.5 |
Sector Composition (% of net assets) | |
Information technology | 24.6 |
Financials | 15.4 |
Consumer discretionary | 10.9 |
Health care | 10.2 |
Communication services | 8.7 |
Consumer staples | 8.3 |
Industrials | 7.4 |
Energy | 4.1 |
Real estate | 2.4 |
Materials | 2.2 |
Utilities | 2.2 |
Short-term investments and other | 3.6 |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Capital Appreciation Fund | |||||
Class 1 | Actual expenses/actual returns | $1,000.00 | $822.10 | $3.52 | 0.78% |
Hypothetical example | 1,000.00 | 1,020.90 | 3.91 | 0.78% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 822.70 | 3.30 | 0.73% |
Hypothetical example | 1,000.00 | 1,021.20 | 3.66 | 0.73% | |
Capital Appreciation Value Fund | |||||
Class NAV | Actual expenses/actual returns | $1,000.00 | $985.60 | $4.04 | 0.82% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.11 | 0.82% | |
Core Bond Fund | |||||
Class 1 | Actual expenses/actual returns | $1,000.00 | $955.40 | $3.20 | 0.66% |
Hypothetical example | 1,000.00 | 1,021.50 | 3.31 | 0.66% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 955.60 | 2.96 | 0.61% |
Hypothetical example | 1,000.00 | 1,021.80 | 3.06 | 0.61% | |
Health Sciences Fund | |||||
Class NAV | Actual expenses/actual returns | $1,000.00 | $832.10 | $4.54 | 1.00% |
Hypothetical example | 1,000.00 | 1,019.80 | 5.01 | 1.00% | |
High Yield Fund | |||||
Class 1 | Actual expenses/actual returns | $1,000.00 | $971.50 | $3.96 | 0.81% |
Hypothetical example | 1,000.00 | 1,020.80 | 4.06 | 0.81% | |
International Strategic Equity Allocation Fund | |||||
Class NAV | Actual expenses/actual returns | $1,000.00 | $921.30 | $2.62 | 0.55% |
Hypothetical example | 1,000.00 | 1,022.10 | 2.76 | 0.55% | |
Mid Value Fund | |||||
Class NAV | Actual expenses/actual returns | $1,000.00 | $1,070.30 | $4.72 | 0.92% |
Hypothetical example | 1,000.00 | 1,020.20 | 4.61 | 0.92% | |
Science & Technology Fund | |||||
Class NAV | Actual expenses/actual returns | $1,000.00 | $830.00 | $4.81 | 1.06% |
Hypothetical example | 1,000.00 | 1,019.50 | 5.31 | 1.06% |
Account value on 9-1-2021 | Ending value on 2-28-2022 | Expenses paid during period ended 2-28-20221 | Annualized expense ratio | ||
Strategic Equity Allocation Fund | |||||
Class NAV | Actual expenses/actual returns | $1,000.00 | $946.60 | $2.56 | 0.53% |
Hypothetical example | 1,000.00 | 1,022.20 | 2.66 | 0.53% | |
U.S. Sector Rotation Fund | |||||
Class NAV | Actual expenses/actual returns | $1,000.00 | $971.70 | $2.59 | 0.53% |
Hypothetical example | 1,000.00 | 1,022.20 | 2.66 | 0.53% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period). |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 99.2% | |||||
Communication services – 13.4% | |||||
Entertainment – 2.5% | |||||
Netflix, Inc. (A) | 85,260 | $ | 33,636,775 | ||
ROBLOX Corp., Class A (A) | 168,045 | 8,666,081 | |||
42,302,856 | |||||
Interactive media and services – 10.9% | |||||
Alphabet, Inc., Class A (A) | 21,407 | 57,823,304 | |||
Alphabet, Inc., Class C (A) | 21,393 | 57,714,463 | |||
Match Group, Inc. (A) | 155,869 | 17,377,835 | |||
Meta Platforms, Inc., Class A (A) | 93,047 | 19,635,708 | |||
Snap, Inc., Class A (A) | 546,255 | 21,817,425 | |||
ZoomInfo Technologies, Inc. (A) | 180,924 | 9,894,734 | |||
184,263,469 | |||||
226,566,325 | |||||
Consumer discretionary – 29.7% | |||||
Automobiles – 6.9% | |||||
Tesla, Inc. (A) | 135,004 | 117,511,530 | |||
Hotels, restaurants and leisure – 3.4% | |||||
Airbnb, Inc., Class A (A) | 143,172 | 21,689,126 | |||
Chipotle Mexican Grill, Inc. (A) | 13,086 | 19,934,558 | |||
Marriott International, Inc., Class A (A) | 95,650 | 16,273,891 | |||
57,897,575 | |||||
Internet and direct marketing retail – 7.8% | |||||
Amazon.com, Inc. (A) | 36,077 | 110,801,847 | |||
MercadoLibre, Inc. (A) | 19,292 | 21,735,332 | |||
132,537,179 | |||||
Multiline retail – 1.3% | |||||
Target Corp. | 109,796 | 21,933,947 | |||
Specialty retail – 3.2% | |||||
O'Reilly Automotive, Inc. (A) | 12,320 | 7,998,637 | |||
The Home Depot, Inc. | 74,918 | 23,661,352 | |||
The TJX Companies, Inc. | 331,614 | 21,919,685 | |||
53,579,674 | |||||
Textiles, apparel and luxury goods – 7.1% | |||||
Kering SA | 30,593 | 21,220,330 | |||
Lululemon Athletica, Inc. (A) | 64,775 | 20,724,114 | |||
LVMH Moet Hennessy Louis Vuitton SE | 59,722 | 43,889,993 | |||
NIKE, Inc., Class B | 247,886 | 33,848,833 | |||
119,683,270 | |||||
503,143,175 | |||||
Consumer staples – 3.4% | |||||
Food and staples retailing – 1.6% | |||||
Costco Wholesale Corp. | 51,130 | 26,549,253 | |||
Personal products – 1.8% | |||||
The Estee Lauder Companies, Inc., Class A | 106,293 | 31,497,805 | |||
58,047,058 | |||||
Financials – 2.7% | |||||
Capital markets – 2.7% | |||||
KKR & Company, Inc. | 202,657 | 12,183,739 | |||
S&P Global, Inc. | 38,828 | 14,587,680 | |||
The Goldman Sachs Group, Inc. | 54,738 | 18,681,532 | |||
45,452,951 | |||||
Health care – 6.4% | |||||
Health care equipment and supplies – 2.2% | |||||
Abbott Laboratories | 112,237 | 13,538,027 | |||
DexCom, Inc. (A) | 26,289 | 10,881,280 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Health care equipment and supplies (continued) | |||||
Intuitive Surgical, Inc. (A) | 47,526 | $ | 13,798,224 | ||
38,217,531 | |||||
Health care providers and services – 1.3% | |||||
UnitedHealth Group, Inc. | 44,859 | 21,347,052 | |||
Life sciences tools and services – 0.9% | |||||
Danaher Corp. | 56,416 | 15,481,115 | |||
Pharmaceuticals – 2.0% | |||||
Eli Lilly & Company | 136,468 | 34,110,177 | |||
109,155,875 | |||||
Industrials – 1.6% | |||||
Road and rail – 1.6% | |||||
Uber Technologies, Inc. (A) | 729,275 | 26,275,778 | |||
Information technology – 42.0% | |||||
IT services – 11.6% | |||||
Adyen NV (A)(B) | 13,234 | 27,583,259 | |||
Mastercard, Inc., Class A | 121,171 | 43,720,920 | |||
Okta, Inc. (A) | 40,489 | 7,403,009 | |||
Shopify, Inc., Class A (A) | 52,958 | 36,766,621 | |||
Snowflake, Inc., Class A (A) | 79,058 | 21,002,548 | |||
Twilio, Inc., Class A (A) | 54,621 | 9,547,751 | |||
Visa, Inc., Class A | 228,222 | 49,323,339 | |||
195,347,447 | |||||
Semiconductors and semiconductor equipment – 7.7% | |||||
Broadcom, Inc. | 28,801 | 16,918,859 | |||
NVIDIA Corp. | 372,270 | 90,778,040 | |||
Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 206,272 | 22,073,167 | |||
129,770,066 | |||||
Software – 16.5% | |||||
Adobe, Inc. (A) | 103,341 | 48,330,519 | |||
Atlassian Corp. PLC, Class A (A) | 92,154 | 28,173,321 | |||
Crowdstrike Holdings, Inc., Class A (A) | 122,593 | 23,931,380 | |||
HubSpot, Inc. (A) | 17,980 | 9,439,500 | |||
Microsoft Corp. | 310,104 | 92,655,974 | |||
salesforce.com, Inc. (A) | 222,889 | 46,924,821 | |||
The Trade Desk, Inc., Class A (A) | 222,057 | 18,945,903 | |||
Workday, Inc., Class A (A) | 47,516 | 10,883,540 | |||
279,284,958 | |||||
Technology hardware, storage and peripherals – 6.2% | |||||
Apple, Inc. | 637,837 | 105,319,645 | |||
709,722,116 | |||||
TOTAL COMMON STOCKS (Cost $728,405,639) | $ | 1,678,363,278 | |||
SHORT-TERM INVESTMENTS – 0.9% | |||||
Short-term funds – 0.9% | |||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0265% (C) | 14,163,949 | 14,163,949 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $14,163,949) | $ | 14,163,949 | |||
Total Investments (Capital Appreciation Fund) (Cost $742,569,588) – 100.1% | $ | 1,692,527,227 | |||
Other assets and liabilities, net – (0.1%) | (964,962) | ||||
TOTAL NET ASSETS – 100.0% | $ | 1,691,562,265 |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
The accompanying notes are an integral part of the financial statements. | 6 |
(C) | The rate shown is the annualized seven-day yield as of 2-28-22. |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 66.5% | |||||
Communication services – 4.6% | |||||
Interactive media and services – 4.6% | |||||
Alphabet, Inc., Class A (A)(B) | 6,628 | $ | 17,903,156 | ||
Alphabet, Inc., Class C (A)(B) | 12,466 | 33,631,024 | |||
Meta Platforms, Inc., Class A (B) | 41,548 | 8,767,874 | |||
60,302,054 | |||||
Consumer discretionary – 9.7% | |||||
Hotels, restaurants and leisure – 3.8% | |||||
McDonald's Corp. (A) | 16,132 | 3,948,630 | |||
Starbucks Corp. (A) | 41,700 | 3,827,643 | |||
Yum! Brands, Inc. (A) | 339,502 | 41,616,155 | |||
49,392,428 | |||||
Internet and direct marketing retail – 5.8% | |||||
Amazon.com, Inc. (A)(B) | 24,331 | 74,726,827 | |||
Multiline retail – 0.1% | |||||
Dollar General Corp. | 9,300 | 1,844,562 | |||
Specialty retail – 0.0% | |||||
Ross Stores, Inc. (A) | 6,400 | 584,896 | |||
126,548,713 | |||||
Consumer staples – 1.9% | |||||
Beverages – 1.7% | |||||
Keurig Dr. Pepper, Inc. | 568,550 | 21,985,829 | |||
Food and staples retailing – 0.2% | |||||
Walmart, Inc. (A) | 16,804 | 2,271,229 | |||
24,257,058 | |||||
Financials – 5.9% | |||||
Banks – 2.3% | |||||
The PNC Financial Services Group, Inc. | 149,288 | 29,745,634 | |||
Capital markets – 1.6% | |||||
CME Group, Inc. | 10,300 | 2,436,259 | |||
Intercontinental Exchange, Inc. | 142,694 | 18,281,955 | |||
20,718,214 | |||||
Insurance – 2.0% | |||||
Marsh & McLennan Companies, Inc. | 168,704 | 26,218,289 | |||
76,682,137 | |||||
Health care – 16.9% | |||||
Health care equipment and supplies – 4.4% | |||||
Abbott Laboratories (A) | 15,600 | 1,881,672 | |||
Alcon, Inc. | 123,532 | 9,543,780 | |||
Baxter International, Inc. | 15,900 | 1,351,023 | |||
Becton, Dickinson and Company (A) | 111,899 | 30,355,961 | |||
Hologic, Inc. (B) | 99,230 | 7,062,199 | |||
Medtronic PLC (A) | 38,500 | 4,042,115 | |||
Teleflex, Inc. | 4,351 | 1,463,285 | |||
The Cooper Companies, Inc. | 2,513 | 1,027,867 | |||
56,727,902 | |||||
Health care providers and services – 4.6% | |||||
Humana, Inc. | 76,222 | 33,104,739 | |||
UnitedHealth Group, Inc. | 56,050 | 26,672,514 | |||
59,777,253 | |||||
Life sciences tools and services – 7.7% | |||||
Danaher Corp. | 107,980 | 29,630,792 | |||
PerkinElmer, Inc. | 177,916 | 31,955,493 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Life sciences tools and services (continued) | |||||
Thermo Fisher Scientific, Inc. | 71,775 | $ | 39,045,600 | ||
100,631,885 | |||||
Pharmaceuticals – 0.2% | |||||
Catalent, Inc. (B) | 26,207 | 2,674,162 | |||
219,811,202 | |||||
Industrials – 9.7% | |||||
Commercial services and supplies – 1.6% | |||||
Aurora Innovation, Inc. (B)(C) | 401,420 | 2,296,122 | |||
Republic Services, Inc. | 6,000 | 721,680 | |||
Waste Connections, Inc. | 144,594 | 17,855,913 | |||
20,873,715 | |||||
Industrial conglomerates – 5.5% | |||||
General Electric Company (A) | 636,711 | 60,812,268 | |||
Roper Technologies, Inc. | 23,975 | 10,746,075 | |||
71,558,343 | |||||
Machinery – 2.4% | |||||
Fortive Corp. | 236,576 | 15,318,296 | |||
Ingersoll Rand, Inc. | 287,756 | 14,537,433 | |||
Otis Worldwide Corp. | 6,801 | 532,722 | |||
30,388,451 | |||||
Professional services – 0.2% | |||||
TransUnion | 32,673 | 2,965,401 | |||
125,785,910 | |||||
Information technology – 13.9% | |||||
Electronic equipment, instruments and components – 1.9% | |||||
TE Connectivity, Ltd. | 125,317 | 17,848,900 | |||
Teledyne Technologies, Inc. (B) | 16,188 | 6,950,803 | |||
24,799,703 | |||||
IT services – 1.2% | |||||
FleetCor Technologies, Inc. (B) | 484 | 113,353 | |||
Mastercard, Inc., Class A | 6,000 | 2,164,920 | |||
Visa, Inc., Class A | 64,100 | 13,853,292 | |||
16,131,565 | |||||
Semiconductors and semiconductor equipment – 0.6% | |||||
NVIDIA Corp. | 33,500 | 8,168,975 | |||
Software – 7.9% | |||||
Microsoft Corp. | 288,092 | 86,079,000 | |||
salesforce.com, Inc. (B) | 77,662 | 16,350,181 | |||
102,429,181 | |||||
Technology hardware, storage and peripherals – 2.3% | |||||
Apple, Inc. | 177,998 | 29,391,030 | |||
180,920,454 | |||||
Materials – 0.1% | |||||
Chemicals – 0.1% | |||||
Linde PLC | 4,537 | 1,330,430 | |||
Utilities – 3.8% | |||||
Electric utilities – 0.4% | |||||
American Electric Power Company, Inc. | 5,700 | 516,705 | |||
Constellation Energy Corp. | 23,700 | 1,089,726 | |||
Exelon Corp. | 71,100 | 3,026,016 | |||
4,632,447 | |||||
Multi-utilities – 3.4% | |||||
Ameren Corp. (A) | 202,607 | 17,414,072 | |||
CMS Energy Corp. | 168,414 | 10,780,180 | |||
Public Service Enterprise Group, Inc. (A) | 254,233 | 16,481,925 | |||
44,676,177 | |||||
49,308,624 | |||||
TOTAL COMMON STOCKS (Cost $708,727,455) | $ | 864,946,582 |
The accompanying notes are an integral part of the financial statements. | 7 |
Shares or Principal Amount | Value | ||||
PREFERRED SECURITIES – 0.7% | |||||
Financials – 0.0% | |||||
Capital markets – 0.0% | |||||
The Charles Schwab Corp., 5.950% | 8,000 | $ | 202,960 | ||
Utilities – 0.7% | |||||
Electric utilities – 0.1% | |||||
SCE Trust IV (5.375% to 9-15-25, then 3 month LIBOR + 3.132%) | 55,884 | 1,230,566 | |||
Multi-utilities – 0.6% | |||||
CMS Energy Corp., 5.875% | 110,920 | 2,863,954 | |||
CMS Energy Corp., 5.875% | 143,765 | 3,801,147 | |||
NiSource, Inc. (6.500% to 3-15-24, then 5 Year CMT + 3.632%) | 34,486 | 902,843 | |||
7,567,944 | |||||
8,798,510 | |||||
TOTAL PREFERRED SECURITIES (Cost $8,826,375) | $ | 9,001,470 | |||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 3.0% | |||||
U.S. Government – 3.0% | |||||
U.S. Treasury Notes 1.500%, 01/31/2027 | $ | 39,779,400 | 39,310,127 | ||
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $38,978,601) | $ | 39,310,127 | |||
CORPORATE BONDS - 8.1% | |||||
Communication services - 1.8% | |||||
Altice France Holding SA 10.500%, 05/15/2027 (D) | 1,940,000 | 2,031,180 | |||
Arches Buyer, Inc. 4.250%, 06/01/2028 (D) | 5,000 | 4,735 | |||
CCO Holdings LLC | |||||
4.000%, 03/01/2023 (D) | 1,110,000 | 1,108,613 | |||
5.000%, 02/01/2028 (D) | 6,912,000 | 6,954,129 | |||
5.125%, 05/01/2027 (D) | 6,970,000 | 7,039,700 | |||
5.500%, 05/01/2026 (D) | 325,000 | 331,500 | |||
Lamar Media Corp. | |||||
3.625%, 01/15/2031 | 120,000 | 112,649 | |||
3.750%, 02/15/2028 | 695,000 | 667,746 | |||
Live Nation Entertainment, Inc. 4.875%, 11/01/2024 (D) | 90,000 | 90,887 | |||
Photo Holdings Merger Sub, Inc. 8.500%, 10/01/2026 (D) | 1,245,000 | 1,236,285 | |||
Sirius XM Radio, Inc. 5.000%, 08/01/2027 (D) | 2,010,000 | 2,037,205 | |||
T-Mobile USA, Inc. | |||||
2.625%, 02/15/2029 | 40,000 | 37,514 | |||
2.875%, 02/15/2031 | 170,000 | 159,514 | |||
3.375%, 04/15/2029 (D) | 190,000 | 185,934 | |||
3.500%, 04/15/2031 | 600,000 | 590,619 | |||
4.750%, 02/01/2028 | 65,000 | 67,103 | |||
Twitter, Inc. 5.000%, 03/01/2030 (D) | 420,000 | 422,100 | |||
23,077,413 | |||||
Consumer discretionary - 2.6% | |||||
Cedar Fair LP | |||||
5.250%, 07/15/2029 | 2,080,000 | 2,077,473 | |||
5.375%, 04/15/2027 | 2,105,000 | 2,120,788 | |||
5.500%, 05/01/2025 (D) | 1,190,000 | 1,223,165 | |||
6.500%, 10/01/2028 | 2,070,000 | 2,121,750 | |||
Clarios Global LP | |||||
6.250%, 05/15/2026 (D) | 689,000 | 712,729 | |||
6.750%, 05/15/2025 (D) | 539,000 | 559,331 | |||
8.500%, 05/15/2027 (D) | 1,465,000 | 1,527,263 | |||
Hilton Domestic Operating Company, Inc. | |||||
3.625%, 02/15/2032 (D) | 205,000 | 194,873 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Consumer discretionary (continued) | |||||
Hilton Domestic Operating Company, Inc. (continued) | |||||
4.000%, 05/01/2031 (D) | $ | 105,000 | $ | 102,629 | |
5.375%, 05/01/2025 (D) | 100,000 | 103,107 | |||
Hilton Worldwide Finance LLC 4.875%, 04/01/2027 | 50,000 | 51,063 | |||
IRB Holding Corp. 6.750%, 02/15/2026 (D) | 70,000 | 70,525 | |||
KFC Holding Company/Pizza Hut Holdings LLC/Taco Bell of America LLC 4.750%, 06/01/2027 (D) | 4,715,000 | 4,830,282 | |||
Life Time, Inc. 5.750%, 01/15/2026 (D) | 1,560,000 | 1,552,200 | |||
Marriott International, Inc. 3.125%, 06/15/2026 | 415,000 | 421,900 | |||
Six Flags Entertainment Corp. | |||||
4.875%, 07/31/2024 (D) | 5,138,000 | 5,133,941 | |||
5.500%, 04/15/2027 (D) | 3,022,000 | 3,047,793 | |||
Six Flags Theme Parks, Inc. 7.000%, 07/01/2025 (D) | 2,123,000 | 2,217,336 | |||
Yum! Brands, Inc. | |||||
3.625%, 03/15/2031 | 477,000 | 445,723 | |||
3.875%, 11/01/2023 | 990,000 | 1,014,750 | |||
4.625%, 01/31/2032 | 358,000 | 350,840 | |||
4.750%, 01/15/2030 (D) | 420,000 | 426,300 | |||
5.350%, 11/01/2043 | 1,834,000 | 1,847,755 | |||
6.875%, 11/15/2037 | 925,000 | 1,054,500 | |||
7.750%, 04/01/2025 (D) | 380,000 | 395,941 | |||
33,603,957 | |||||
Financials - 1.4% | |||||
Acrisure LLC 7.000%, 11/15/2025 (D) | 2,600,000 | 2,589,860 | |||
Alliant Holdings Intermediate LLC | |||||
4.250%, 10/15/2027 (D) | 375,000 | 361,875 | |||
5.875%, 11/01/2029 (D) | 425,000 | 401,221 | |||
6.750%, 10/15/2027 (D) | 700,000 | 684,250 | |||
AmWINS Group, Inc. 4.875%, 06/30/2029 (D) | 570,000 | 542,925 | |||
HUB International, Ltd. | |||||
5.625%, 12/01/2029 (D) | 445,000 | 422,750 | |||
7.000%, 05/01/2026 (D) | 8,104,000 | 8,158,297 | |||
MSCI, Inc. | |||||
3.250%, 08/15/2033 (D) | 40,000 | 37,842 | |||
3.625%, 09/01/2030 to 11/01/2031 (D) | 685,000 | 671,217 | |||
3.875%, 02/15/2031 (D) | 10,000 | 9,955 | |||
4.000%, 11/15/2029 (D) | 250,000 | 251,345 | |||
Ryan Specialty Group LLC 4.375%, 02/01/2030 (D) | 80,000 | 76,964 | |||
State Street Corp. (3 month LIBOR + 3.597%) 3.800%, 06/15/2022 (E)(F) | 517,000 | 517,556 | |||
USI, Inc. 6.875%, 05/01/2025 (D) | 3,450,000 | 3,464,525 | |||
18,190,582 | |||||
Health care - 0.7% | |||||
Avantor Funding, Inc. | |||||
3.875%, 11/01/2029 (D) | 210,000 | 202,085 | |||
4.625%, 07/15/2028 (D) | 1,888,000 | 1,916,320 | |||
Catalent Pharma Solutions, Inc. | |||||
3.125%, 02/15/2029 (D) | 600,000 | 555,750 | |||
3.500%, 04/01/2030 (D) | 320,000 | 297,888 | |||
5.000%, 07/15/2027 (D) | 145,000 | 148,162 | |||
Hadrian Merger Sub, Inc. 8.500%, 05/01/2026 (D) | 1,616,000 | 1,632,160 |
The accompanying notes are an integral part of the financial statements. | 8 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Health care (continued) | |||||
Hologic, Inc. 3.250%, 02/15/2029 (D) | $ | 220,000 | $ | 208,450 | |
IQVIA, Inc. 5.000%, 05/15/2027 (D) | 950,000 | 971,784 | |||
Surgery Center Holdings, Inc. 10.000%, 04/15/2027 (D) | 1,215,000 | 1,280,003 | |||
Teleflex, Inc. | |||||
4.250%, 06/01/2028 (D) | 145,000 | 143,188 | |||
4.625%, 11/15/2027 | 952,000 | 966,280 | |||
Tenet Healthcare Corp. 4.625%, 09/01/2024 (D) | 450,000 | 456,093 | |||
8,778,163 | |||||
Industrials - 1.3% | |||||
CoreLogic, Inc. 4.500%, 05/01/2028 (D) | 325,000 | 308,344 | |||
Delta Air Lines, Inc. | |||||
4.500%, 10/20/2025 (D) | 2,380,000 | 2,443,324 | |||
4.750%, 10/20/2028 (D) | 925,000 | 964,707 | |||
General Electric Company (3 month LIBOR + 3.330%) 3.533%, 06/15/2022 (E)(F) | 3,841,000 | 3,633,394 | |||
Howmet Aerospace, Inc. 3.000%, 01/15/2029 | 490,000 | 464,888 | |||
Korn Ferry 4.625%, 12/15/2027 (D) | 480,000 | 472,800 | |||
Lennox International, Inc. 3.000%, 11/15/2023 | 510,000 | 517,155 | |||
Mileage Plus Holdings LLC 6.500%, 06/20/2027 (D) | 1,425,000 | 1,503,375 | |||
Sensata Technologies BV | |||||
4.000%, 04/15/2029 (D) | 600,000 | 576,000 | |||
4.875%, 10/15/2023 (D) | 507,000 | 519,675 | |||
5.000%, 10/01/2025 (D) | 700,000 | 723,867 | |||
5.625%, 11/01/2024 (D) | 415,000 | 437,227 | |||
Sensata Technologies, Inc. 3.750%, 02/15/2031 (D) | 245,000 | 227,850 | |||
TK Elevator U.S. Newco, Inc. 5.250%, 07/15/2027 (D) | 275,000 | 272,250 | |||
TransDigm UK Holdings PLC 6.875%, 05/15/2026 | 350,000 | 361,494 | |||
TransDigm, Inc. | |||||
5.500%, 11/15/2027 | 325,000 | 323,716 | |||
6.250%, 03/15/2026 (D) | 325,000 | 334,344 | |||
6.375%, 06/15/2026 | 145,000 | 147,823 | |||
United Airlines 2012-1 Class A Pass Through Trust 4.150%, 04/11/2024 | 773,582 | 786,381 | |||
US Airways 2010-1 Class A Pass Through Trust 6.250%, 04/22/2023 | 32,213 | 32,702 | |||
US Airways 2012-2 Class A Pass Through Trust 4.625%, 06/03/2025 | 137,400 | 135,746 | |||
US Airways 2013-1 Class A Pass Through Trust 3.950%, 11/15/2025 | 331,247 | 324,653 | |||
Welbilt, Inc. 9.500%, 02/15/2024 | 1,692,000 | 1,696,230 | |||
17,207,945 | |||||
Information technology - 0.1% | |||||
Black Knight InfoServ LLC 3.625%, 09/01/2028 (D) | 325,000 | 307,655 | |||
Booz Allen Hamilton, Inc. 3.875%, 09/01/2028 (D) | 235,000 | 230,025 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Information technology (continued) | |||||
Clarivate Science Holdings Corp. | |||||
3.875%, 07/01/2028 (D) | $ | 695,000 | $ | 656,775 | |
4.875%, 07/01/2029 (D) | 220,000 | 207,165 | |||
Gartner, Inc. | |||||
3.625%, 06/15/2029 (D) | 245,000 | 237,706 | |||
3.750%, 10/01/2030 (D) | 300,000 | 291,840 | |||
4.500%, 07/01/2028 (D) | 165,000 | 167,150 | |||
Twilio, Inc. 3.625%, 03/15/2029 | 35,000 | 33,526 | |||
2,131,842 | |||||
Real estate - 0.1% | |||||
SBA Communications Corp. | |||||
3.125%, 02/01/2029 | 255,000 | 236,844 | |||
3.875%, 02/15/2027 | 960,000 | 958,339 | |||
1,195,183 | |||||
Utilities - 0.1% | |||||
NiSource, Inc. (5.650% to 6-15-23, then 5 Year CMT + 2.843%) 06/15/2023 (E) | 1,525,000 | 1,490,688 | |||
TOTAL CORPORATE BONDS (Cost $103,807,721) | $ | 105,675,773 | |||
TERM LOANS (G) – 13.8% | |||||
Communication services – 0.5% | |||||
Arches Buyer, Inc., 2021 Term Loan B TBD 12/06/2027 (H) | 323,947 | 318,239 | |||
Delta 2 Lux Sarl, 2018 USD Term Loan (1 month LIBOR + 2.500%) 3.500%, 02/01/2024 | 5,635,000 | 5,578,650 | |||
Eagle Broadband Investments LLC, Term Loan (3 month LIBOR + 3.000%) 3.750%, 11/12/2027 | 659,744 | 653,833 | |||
6,550,722 | |||||
Consumer discretionary – 0.6% | |||||
Cedar Fair LP, 2017 Term Loan B (1 month LIBOR + 1.750%) 1.959%, 04/13/2024 | 65,000 | 63,660 | |||
Four Seasons Hotels, Ltd., New 1st Lien Term Loan (1 month LIBOR + 2.000%) 2.209%, 11/30/2023 | 974,560 | 966,725 | |||
IRB Holding Corp., 2020 4th Amendment Incremental Term Loan (3 month LIBOR + 3.000%) 4.000%, 12/15/2027 | 2,260,766 | 2,237,028 | |||
IRB Holding Corp., 2020 Term Loan B (6 month LIBOR + 2.750%) 3.750%, 02/05/2025 | 2,139,216 | 2,118,124 | |||
Life Time, Inc., 2021 Term Loan B (3 month LIBOR + 4.750%) 5.750%, 12/16/2024 | 655,052 | 658,210 | |||
SeaWorld Parks & Entertainment, Inc., 2021 Term Loan B (1 month LIBOR + 3.000%) 3.500%, 08/25/2028 | 1,419,833 | 1,398,238 | |||
Woof Holdings, Inc., 1st Lien Term Loan (3 month LIBOR + 3.750%) 4.500%, 12/21/2027 | 610,388 | 604,284 | |||
8,046,269 | |||||
Consumer staples – 0.3% | |||||
Sunshine Luxembourg VII Sarl, 2021 Term Loan B3 (3 month LIBOR + 3.750%) 4.500%, 10/01/2026 | 3,844,023 | 3,820,497 |
The accompanying notes are an integral part of the financial statements. | 9 |
Shares or Principal Amount | Value | ||||
TERM LOANS (G)(continued) | |||||
Financials – 4.7% | |||||
Acrisure LLC, 2021 Incremental Term Loan B (3 month LIBOR + 3.750%) 4.250%, 02/15/2027 | $ | 708,225 | $ | 698,933 | |
Alliant Holdings Intermediate LLC, 2018 Term Loan B (1 month LIBOR + 3.250%) 3.459%, 05/09/2025 | 3,657,814 | 3,613,920 | |||
Alliant Holdings Intermediate LLC, 2021 Term Loan B4 (1 month LIBOR + 3.500%) 4.000%, 11/06/2027 | 4,623,413 | 4,579,120 | |||
Alliant Holdings Intermediate LLC, Term Loan B (1 month LIBOR + 3.250%) 3.459%, 05/09/2025 | 1,744,465 | 1,722,345 | |||
Howden Group Holdings, Ltd., 2021 Term Loan B (1 month LIBOR + 3.250%) 4.000%, 11/12/2027 | 4,226,524 | 4,176,059 | |||
HUB International, Ltd., 2018 Term Loan B (3 month LIBOR + 2.750%) 3.017%, 04/25/2025 | 20,618,821 | 20,353,663 | |||
HUB International, Ltd., 2021 Term Loan B (3 month LIBOR + 3.250%) 4.000%, 04/25/2025 | 13,000,132 | 12,896,391 | |||
Ryan Specialty Group LLC, Term Loan (1 month LIBOR + 3.000%) 3.750%, 09/01/2027 | 1,018,167 | 1,009,574 | |||
USI, Inc., 2017 New Term Loan (3 month LIBOR + 3.000%) 3.224%, 05/16/2024 | 7,411,103 | 7,339,290 | |||
USI, Inc., 2019 Incremental Term Loan B (3 month LIBOR + 3.250%) 3.474%, 12/02/2026 | 5,076,857 | 5,018,473 | |||
61,407,768 | |||||
Health care – 2.5% | |||||
ADMI Corp., 2021 Incremental Term Loan B3 (1 month LIBOR + 3.500%) 4.000%, 12/23/2027 | 3,057,338 | 3,031,870 | |||
ADMI Corp., 2021 Term Loan B2 (1 month LIBOR + 3.375%) 3.875%, 12/23/2027 | 1,875,825 | 1,844,949 | |||
athenahealth, Inc., 2022 Delayed Draw Term Loan TBD 02/15/2029 (H) | 345,652 | 342,109 | |||
athenahealth, Inc., 2022 Term Loan B (3 month SOFR + 3.500%) 4.000%, 02/15/2029 | 4,242,029 | 4,198,548 | |||
Avantor Funding, Inc., 2021 Term Loan B4 (1 month LIBOR + 2.000%) 2.500%, 11/21/2024 | 160,407 | 159,285 | |||
Eyecare Partners LLC, 2020 Term Loan (3 month LIBOR + 3.750%) 3.974%, 02/18/2027 | 254,358 | 251,496 | |||
Eyecare Partners LLC, 2021 Delayed Draw Term Loan (3 month LIBOR + 2.750% and 3.750%) 4.807%, 11/15/2028 | 38,000 | 37,601 | |||
Eyecare Partners LLC, 2021 Incremental Term Loan (3 month LIBOR + 3.750%) 4.250%, 11/15/2028 | 182,000 | 180,089 | |||
Heartland Dental LLC, 2018 1st Lien Term Loan (1 month LIBOR + 3.500%) 3.709%, 04/30/2025 | 5,822,811 | 5,745,192 | |||
Heartland Dental LLC, 2021 Incremental Term Loan (1 month LIBOR + 4.000%) 4.162%, 04/30/2025 | 472,625 | 468,688 |
Shares or Principal Amount | Value | ||||
TERM LOANS (G)(continued) | |||||
Health care (continued) | |||||
Loire Finco Luxembourg Sarl, Term Loan (1 month LIBOR + 3.250%) 3.355%, 04/21/2027 | $ | 3,045,065 | $ | 2,994,304 | |
Mozart Borrower LP, USD Term Loan B (1 month LIBOR + 3.250%) 3.750%, 10/23/2028 | 8,875,000 | 8,782,079 | |||
Pacific Dental Services, Inc., 2021 Term Loan (1 month LIBOR + 3.250%) 4.000%, 05/05/2028 | 497,500 | 495,013 | |||
Pathway Vet Alliance LLC, 2021 Term Loan (1 month LIBOR + 3.750%) 3.959%, 03/31/2027 | 324,181 | 321,102 | |||
PetVet Care Centers LLC, 2018 1st Lien Term Loan (1 month LIBOR + 2.750%) 2.959%, 02/14/2025 | 354,931 | 349,873 | |||
PetVet Care Centers LLC, 2018 Incremental Term Loan (1 month LIBOR + 3.250%) 3.355%, 02/14/2025 | 1,098,111 | 1,085,758 | |||
PetVet Care Centers LLC, 2021 Term Loan B3 (1 month LIBOR + 3.500%) 4.250%, 02/14/2025 | 2,072,971 | 2,056,905 | |||
PetVet Care Centers LLC, 2nd Lien Term Loan TBD 02/13/2026 (H) | 25,000 | 24,867 | |||
32,369,728 | |||||
Industrials – 1.9% | |||||
Camelot US Acquisition LLC, 2020 Incremental Term Loan B (1 month LIBOR + 3.000%) 4.000%, 10/30/2026 | 3,341,250 | 3,319,331 | |||
CoreLogic, Inc., Term Loan (1 month LIBOR + 3.500%) 4.000%, 06/02/2028 | 3,411,450 | 3,364,543 | |||
Filtration Group Corp., 2018 1st Lien Term Loan (1 month LIBOR + 3.000%) 3.187%, 03/29/2025 | 966,611 | 954,731 | |||
Filtration Group Corp., 2018 EUR Term Loan (3 month EURIBOR + 3.500%) 3.500%, 03/29/2025 | EUR | 1,744,169 | 1,909,203 | ||
Filtration Group Corp., 2021 Incremental Term Loan (1 month LIBOR + 3.500%) 4.000%, 10/21/2028 | $ | 518,700 | 514,291 | ||
Mileage Plus Holdings LLC, 2020 Term Loan B (3 month LIBOR + 5.250%) 6.250%, 06/21/2027 | 6,225,000 | 6,495,041 | |||
SkyMiles IP, Ltd., 2020 Skymiles Term Loan B (3 month LIBOR + 3.750%) 4.750%, 10/20/2027 | 2,795,000 | 2,918,679 | |||
TK Elevator U.S. Newco, Inc., Term Loan B (6 month LIBOR + 3.500%) 4.000%, 07/30/2027 | 4,117,992 | 4,085,625 | |||
Welbilt, Inc., 2018 Term Loan B (1 month LIBOR + 2.500%) 2.709%, 10/23/2025 | 600,000 | 597,498 | |||
24,158,942 | |||||
Information technology – 3.3% | |||||
Applied Systems, Inc., 2017 1st Lien Term Loan (3 month LIBOR + 3.000%) 3.500%, 09/19/2024 | 4,013,826 | 3,986,732 | |||
Applied Systems, Inc., 2021 2nd Lien Term Loan (3 month LIBOR + 5.500%) 6.250%, 09/19/2025 | 366,814 | 366,051 |
The accompanying notes are an integral part of the financial statements. | 10 |
Shares or Principal Amount | Value | ||||
TERM LOANS (G)(continued) | |||||
Information technology (continued) | |||||
Ascend Learning LLC, 2021 2nd Lien Term Loan (1 month LIBOR + 5.750%) 6.250%, 12/10/2029 | $ | 720,000 | $ | 717,300 | |
Ascend Learning LLC, 2021 Term Loan (1 and 3 month LIBOR + 3.500%) 4.000%, 12/11/2028 | 5,060,000 | 4,989,615 | |||
Azalea TopCo, Inc., 2021 Term Loan B (1 and 3 month LIBOR + 3.750%) 4.500%, 07/24/2026 | 749,783 | 744,160 | |||
Azalea TopCo, Inc., 2022 Incremental Term Loan TBD 07/24/2026 (H) | 360,000 | 357,750 | |||
Azalea TopCo, Inc., Term Loan (1 and 3 month LIBOR + 3.500%) 3.799%, 07/24/2026 | 5,101,755 | 5,010,331 | |||
Celestial Saturn Parent, Inc., 2nd Lien Term Loan (1 month LIBOR + 6.500%) 7.000%, 06/04/2029 | 230,000 | 227,700 | |||
Polaris Newco LLC, USD Term Loan B (3 month LIBOR + 4.000%) 4.500%, 06/02/2028 | 473,813 | 470,529 | |||
Project Boost Purchaser LLC, 2021 Incremental Term Loan (1 month LIBOR + 3.500%) 4.000%, 05/30/2026 | 497,687 | 493,542 | |||
RealPage, Inc., 1st Lien Term Loan (1 month LIBOR + 3.250%) 3.750%, 04/24/2028 | 4,658,325 | 4,603,310 | |||
RealPage, Inc., 2nd Lien Term Loan (1 month LIBOR + 6.500%) 7.250%, 04/23/2029 | 225,000 | 226,829 | |||
Sophia LP, 2021 Term Loan B (3 month LIBOR + 3.500%) 4.000%, 10/07/2027 | 847,875 | 839,040 | |||
UKG, Inc., 2021 2nd Lien Term Loan (3 month LIBOR + 5.250%) 5.750%, 05/03/2027 | 765,000 | 761,053 | |||
UKG, Inc., 2021 Term Loan (3 month LIBOR + 3.250%) 3.750%, 05/04/2026 | 18,220,106 | 18,083,455 | |||
UKG, Inc., Term Loan B (1 month LIBOR + 3.750%) 3.959%, 05/04/2026 | 679,363 | 673,873 | |||
42,551,270 | |||||
Materials – 0.0% | |||||
HB Fuller Company, 2017 Term Loan B (1 month LIBOR + 2.000%) 2.162%, 10/20/2024 | 261,296 | 260,397 | |||
TOTAL TERM LOANS (Cost $179,768,818) | $ | 179,165,593 |
Shares or Principal Amount | Value | ||||
SHORT-TERM INVESTMENTS – 8.9% | |||||
Short-term funds – 8.9% | |||||
John Hancock Collateral Trust, 0.0896% (I)(J) | 211,755 | $ | 2,117,869 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0265% (I) | 10,688,801 | 10,688,801 | |||
T. Rowe Price Government Reserve Fund, 0.1031% (I) | 102,277,185 | 102,277,185 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $115,083,906) | $ | 115,083,855 | |||
Total Investments (Capital Appreciation Value Fund) (Cost $1,155,192,876) – 101.0% | $ | 1,313,183,400 | |||
Other assets and liabilities, net – (1.0%) | (13,170,470) | ||||
TOTAL NET ASSETS – 100.0% | $ | 1,300,012,930 |
Currency Abbreviations | |
EUR | Euro |
Security Abbreviations and Legend | |
CMT | Constant Maturity Treasury |
EURIBOR | Euro Interbank Offered Rate |
LIBOR | London Interbank Offered Rate |
SOFR | Secured Overnight Financing Rate |
(A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(B) | Non-income producing security. |
(C) | All or a portion of this security is on loan as of 2-28-22. |
(D) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(E) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(F) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(G) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(H) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
(I) | The rate shown is the annualized seven-day yield as of 2-28-22. |
(J) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Options on securities | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls | ||||||||
GSI | Abbott Laboratories | USD | 135.00 | Jan 2023 | 16 | 1,600 | $15,200 | $(10,024) |
GSI | Abbott Laboratories | USD | 135.00 | Jan 2023 | 36 | 3,600 | 29,726 | (22,554) |
GSI | Abbott Laboratories | USD | 145.00 | Jan 2023 | 16 | 1,600 | 10,592 | (6,017) |
GSI | Abbott Laboratories | USD | 145.00 | Jan 2023 | 36 | 3,600 | 18,888 | (13,539) |
GSI | Abbott Laboratories | USD | 150.00 | Jan 2023 | 16 | 1,600 | 8,569 | (4,615) |
The accompanying notes are an integral part of the financial statements. | 11 |
Options on securities (continued) | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls (continued) | ||||||||
GSI | Abbott Laboratories | USD | 150.00 | Jan 2023 | 36 | 3,600 | $14,371 | $(10,384) |
GSI | Alphabet, Inc., Class A | USD | 2,000.00 | Sep 2022 | 3 | 300 | 51,390 | (227,275) |
GSI | Alphabet, Inc., Class A | USD | 2,000.00 | Sep 2022 | 2 | 200 | 44,224 | (151,517) |
GSI | Alphabet, Inc., Class A | USD | 2,100.00 | Sep 2022 | 3 | 300 | 42,218 | (201,437) |
GSI | Alphabet, Inc., Class A | USD | 2,100.00 | Sep 2022 | 2 | 200 | 37,453 | (134,291) |
SFG | Alphabet, Inc., Class A | USD | 2,450.00 | Sep 2022 | 1 | 100 | 26,747 | (40,314) |
SFG | Alphabet, Inc., Class A | USD | 2,500.00 | Sep 2022 | 2 | 200 | 49,294 | (74,049) |
SFG | Alphabet, Inc., Class A | USD | 2,550.00 | Sep 2022 | 1 | 100 | 22,722 | (33,893) |
SFG | Alphabet, Inc., Class A | USD | 2,600.00 | Sep 2022 | 1 | 100 | 20,922 | (30,926) |
GSI | Alphabet, Inc., Class A | USD | 3,200.00 | Jan 2023 | 3 | 300 | 54,291 | (41,345) |
GSI | Alphabet, Inc., Class A | USD | 3,300.00 | Jan 2023 | 2 | 200 | 30,994 | (22,760) |
GSI | Alphabet, Inc., Class A | USD | 3,400.00 | Jan 2023 | 2 | 200 | 26,094 | (18,701) |
GSI | Alphabet, Inc., Class A | USD | 3,500.00 | Jan 2023 | 2 | 200 | 22,194 | (15,306) |
GSI | Alphabet, Inc., Class C | USD | 2,000.00 | Jun 2022 | 2 | 200 | 30,815 | (144,674) |
GSI | Alphabet, Inc., Class C | USD | 2,000.00 | Jun 2022 | 3 | 300 | 61,060 | (217,010) |
GSI | Alphabet, Inc., Class C | USD | 2,100.00 | Jun 2022 | 2 | 200 | 25,013 | (126,439) |
GSI | Alphabet, Inc., Class C | USD | 2,100.00 | Jun 2022 | 3 | 300 | 49,903 | (189,658) |
SFG | Alphabet, Inc., Class C | USD | 2,550.00 | Jun 2022 | 2 | 200 | 44,192 | (54,982) |
SFG | Alphabet, Inc., Class C | USD | 2,600.00 | Jun 2022 | 2 | 200 | 40,386 | (48,662) |
SFG | Alphabet, Inc., Class C | USD | 2,650.00 | Jun 2022 | 2 | 200 | 36,780 | (42,757) |
GSI | Amazon.com, Inc. | USD | 3,600.00 | Jan 2023 | 2 | 200 | 46,828 | (35,610) |
GSI | Amazon.com, Inc. | USD | 3,700.00 | Jan 2023 | 3 | 300 | 60,779 | (45,550) |
GSI | Amazon.com, Inc. | USD | 3,800.00 | Jan 2023 | 3 | 300 | 52,161 | (38,685) |
GSI | Amazon.com, Inc. | USD | 4,000.00 | Jan 2023 | 1 | 100 | 34,022 | (9,254) |
GSI | Amazon.com, Inc. | USD | 4,100.00 | Jan 2023 | 1 | 100 | 30,544 | (7,834) |
GSI | Amazon.com, Inc. | USD | 4,200.00 | Jan 2023 | 1 | 100 | 27,523 | (6,636) |
GSI | Amazon.com, Inc. | USD | 4,300.00 | Jan 2023 | 2 | 200 | 49,603 | (11,257) |
GSI | Amazon.com, Inc. | USD | 4,400.00 | Jan 2023 | 2 | 200 | 44,460 | (9,568) |
CITI | Amazon.com, Inc. | USD | 4,500.00 | Jan 2023 | 2 | 200 | 57,156 | (8,156) |
GSI | Amazon.com, Inc. | USD | 4,500.00 | Jan 2023 | 2 | 200 | 39,918 | (8,156) |
CITI | Amazon.com, Inc. | USD | 4,600.00 | Jan 2023 | 2 | 200 | 52,293 | (6,976) |
CITI | Amazon.com, Inc. | USD | 4,700.00 | Jan 2023 | 2 | 200 | 47,862 | (5,994) |
CITI | Amazon.com, Inc. | USD | 4,800.00 | Jan 2023 | 2 | 200 | 43,788 | (5,174) |
CITI | Amazon.com, Inc. | USD | 4,900.00 | Jan 2023 | 1 | 100 | 20,032 | (2,242) |
CITI | Amazon.com, Inc. | USD | 5,000.00 | Jan 2023 | 1 | 100 | 18,330 | (1,950) |
CITI | Amazon.com, Inc. | USD | 5,100.00 | Jan 2023 | 1 | 100 | 16,783 | (1,699) |
CSFB | Ameren Corp. | USD | 90.00 | Jun 2022 | 65 | 6,500 | 19,019 | (9,679) |
CSFB | Ameren Corp. | USD | 95.00 | Jun 2022 | 75 | 7,500 | 8,220 | (3,172) |
CSFB | Ameren Corp. | USD | 100.00 | Jun 2022 | 75 | 7,500 | 2,850 | (714) |
JPM | American Electric Power Company, Inc. | USD | 90.00 | Jan 2023 | 19 | 1,900 | 11,784 | (12,378) |
JPM | American Electric Power Company, Inc. | USD | 95.00 | Jan 2023 | 19 | 1,900 | 7,590 | (7,964) |
JPM | American Electric Power Company, Inc. | USD | 100.00 | Jan 2023 | 19 | 1,900 | 4,632 | (4,793) |
CITI | Baxter International, Inc. | USD | 87.50 | Jan 2023 | 53 | 5,300 | 33,761 | (34,633) |
CITI | Baxter International, Inc. | USD | 92.50 | Jan 2023 | 53 | 5,300 | 18,921 | (23,870) |
CITI | Baxter International, Inc. | USD | 97.50 | Jan 2023 | 53 | 5,300 | 8,056 | (16,013) |
GSI | Becton, Dickinson and Company | USD | 260.00 | Jan 2023 | 20 | 2,000 | 49,176 | (61,596) |
GSI | Becton, Dickinson and Company | USD | 280.00 | Jan 2023 | 25 | 2,500 | 40,039 | (51,695) |
GSI | Becton, Dickinson and Company | USD | 290.00 | Jan 2023 | 25 | 2,500 | 32,937 | (41,509) |
JPM | CME Group, Inc. | USD | 230.00 | Jan 2023 | 13 | 1,300 | 24,011 | (33,323) |
JPM | CME Group, Inc. | USD | 240.00 | Jan 2023 | 13 | 1,300 | 18,551 | (26,642) |
JPM | CME Group, Inc. | USD | 250.00 | Jan 2023 | 13 | 1,300 | 14,391 | (20,923) |
CITI | Dollar General Corp. | USD | 220.00 | Jan 2023 | 31 | 3,100 | 59,024 | (36,868) |
CITI | Dollar General Corp. | USD | 230.00 | Jan 2023 | 31 | 3,100 | 46,550 | (27,752) |
CITI | Dollar General Corp. | USD | 240.00 | Jan 2023 | 31 | 3,100 | 36,307 | (20,637) |
JPM | Exelon Corp. | USD | 55.00 | Jan 2023 | 121 | 12,100 | 62,092 | (5,669) |
JPM | Exelon Corp. | USD | 55.00 | Jan 2023 | 3 | 300 | 1,614 | (141) |
JPM | Exelon Corp. | USD | 55.00 | Jan 2023 | 58 | 5,800 | 31,839 | (2,717) |
JPM | Exelon Corp. | USD | 55.00 | Jan 2023 | 55 | 5,500 | 32,976 | (2,577) |
JPM | Exelon Corp. | USD | 60.00 | Jan 2023 | 121 | 12,100 | 35,259 | (2,676) |
JPM | Exelon Corp. | USD | 60.00 | Jan 2023 | 3 | 300 | 938 | (66) |
JPM | Exelon Corp. | USD | 60.00 | Jan 2023 | 58 | 5,800 | 18,610 | (1,283) |
JPM | Exelon Corp. | USD | 60.00 | Jan 2023 | 55 | 5,500 | 19,191 | (1,216) |
JPM | Exelon Corp. | USD | 65.00 | Jan 2023 | 121 | 12,100 | 19,343 | (1,382) |
JPM | Exelon Corp. | USD | 65.00 | Jan 2023 | 3 | 300 | 502 | (34) |
The accompanying notes are an integral part of the financial statements. | 12 |
Options on securities (continued) | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls (continued) | ||||||||
JPM | Exelon Corp. | USD | 65.00 | Jan 2023 | 58 | 5,800 | $10,033 | $(663) |
JPM | Exelon Corp. | USD | 65.00 | Jan 2023 | 55 | 5,500 | 10,082 | (628) |
WFB | General Electric Company | USD | 110.00 | Jan 2023 | 8 | 800 | 6,974 | (5,915) |
WFB | General Electric Company | USD | 110.00 | Jan 2023 | 128 | 12,800 | 105,097 | (94,647) |
WFB | General Electric Company | USD | 110.00 | Jan 2023 | 108 | 10,800 | 89,911 | (79,858) |
WFB | General Electric Company | USD | 115.00 | Jan 2023 | 8 | 800 | 5,769 | (4,791) |
WFB | General Electric Company | USD | 115.00 | Jan 2023 | 128 | 12,800 | 85,857 | (76,654) |
WFB | General Electric Company | USD | 115.00 | Jan 2023 | 108 | 10,800 | 73,516 | (64,677) |
JPM | Intercontinental Exchange, Inc. | USD | 130.00 | Jan 2023 | 9 | 900 | 9,288 | (10,021) |
JPM | Intercontinental Exchange, Inc. | USD | 130.00 | Jan 2023 | 13 | 1,300 | 13,481 | (14,475) |
JPM | Intercontinental Exchange, Inc. | USD | 135.00 | Jan 2023 | 9 | 900 | 7,398 | (7,936) |
JPM | Intercontinental Exchange, Inc. | USD | 135.00 | Jan 2023 | 13 | 1,300 | 10,816 | (11,463) |
JPM | Intercontinental Exchange, Inc. | USD | 140.00 | Jan 2023 | 9 | 900 | 5,733 | (6,152) |
JPM | Intercontinental Exchange, Inc. | USD | 140.00 | Jan 2023 | 13 | 1,300 | 8,411 | (8,886) |
GSI | McDonald's Corp. | USD | 260.00 | Jan 2023 | 17 | 1,700 | 23,409 | (20,706) |
GSI | McDonald's Corp. | USD | 260.00 | Jan 2023 | 22 | 2,200 | 28,502 | (26,796) |
GSI | McDonald's Corp. | USD | 260.00 | Jan 2023 | 8 | 800 | 14,395 | (9,744) |
GSI | McDonald's Corp. | USD | 260.00 | Jan 2023 | 19 | 1,900 | 33,513 | (23,142) |
GSI | McDonald's Corp. | USD | 270.00 | Jan 2023 | 17 | 1,700 | 17,289 | (14,693) |
GSI | McDonald's Corp. | USD | 270.00 | Jan 2023 | 22 | 2,200 | 21,757 | (19,014) |
GSI | McDonald's Corp. | USD | 270.00 | Jan 2023 | 8 | 800 | 11,075 | (6,914) |
GSI | McDonald's Corp. | USD | 270.00 | Jan 2023 | 19 | 1,900 | 25,728 | (16,421) |
GSI | McDonald's Corp. | USD | 280.00 | Jan 2023 | 8 | 800 | 8,431 | (4,736) |
GSI | McDonald's Corp. | USD | 280.00 | Jan 2023 | 19 | 1,900 | 19,404 | (11,248) |
CSFB | Medtronic PLC | USD | 105.00 | Jan 2023 | 24 | 2,400 | 28,128 | (22,229) |
CSFB | Medtronic PLC | USD | 105.00 | Jan 2023 | 33 | 3,300 | 39,831 | (30,565) |
CSFB | Medtronic PLC | USD | 105.00 | Jan 2023 | 28 | 2,800 | 31,332 | (25,934) |
JPM | Medtronic PLC | USD | 105.00 | Jan 2023 | 43 | 4,300 | 42,176 | (39,828) |
CSFB | Medtronic PLC | USD | 110.00 | Jan 2023 | 24 | 2,400 | 22,368 | (16,700) |
CSFB | Medtronic PLC | USD | 110.00 | Jan 2023 | 33 | 3,300 | 31,746 | (22,963) |
CSFB | Medtronic PLC | USD | 110.00 | Jan 2023 | 28 | 2,800 | 24,752 | (19,483) |
JPM | Medtronic PLC | USD | 110.00 | Jan 2023 | 43 | 4,300 | 32,578 | (29,921) |
CSFB | Medtronic PLC | USD | 115.00 | Jan 2023 | 24 | 2,400 | 17,568 | (12,250) |
CSFB | Medtronic PLC | USD | 115.00 | Jan 2023 | 33 | 3,300 | 24,981 | (16,844) |
CSFB | Medtronic PLC | USD | 115.00 | Jan 2023 | 28 | 2,800 | 19,292 | (14,292) |
JPM | Medtronic PLC | USD | 115.00 | Jan 2023 | 44 | 4,400 | 24,834 | (22,458) |
JPM | Meta Platforms, Inc., Class A | USD | 345.00 | Sep 2022 | 21 | 2,100 | 81,770 | (2,601) |
JPM | Meta Platforms, Inc., Class A | USD | 360.00 | Sep 2022 | 21 | 2,100 | 70,363 | (2,031) |
SFG | Microsoft Corp. | USD | 300.00 | Jan 2023 | 93 | 9,300 | 169,908 | (302,476) |
SFG | Microsoft Corp. | USD | 300.00 | Jan 2023 | 93 | 9,300 | 175,026 | (302,477) |
SFG | Microsoft Corp. | USD | 320.00 | Jan 2023 | 32 | 3,200 | 56,883 | (75,257) |
SFG | Microsoft Corp. | USD | 320.00 | Jan 2023 | 32 | 3,200 | 61,099 | (75,257) |
CITI | Microsoft Corp. | USD | 330.00 | Jan 2023 | 21 | 2,100 | 30,850 | (41,630) |
CITI | Microsoft Corp. | USD | 330.00 | Jan 2023 | 21 | 2,100 | 31,030 | (41,630) |
CITI | Microsoft Corp. | USD | 330.00 | Jan 2023 | 17 | 1,700 | 30,220 | (33,700) |
SFG | Microsoft Corp. | USD | 330.00 | Jan 2023 | 32 | 3,200 | 48,405 | (63,436) |
SFG | Microsoft Corp. | USD | 330.00 | Jan 2023 | 32 | 3,200 | 51,807 | (63,436) |
CITI | Microsoft Corp. | USD | 340.00 | Jan 2023 | 21 | 2,100 | 26,073 | (34,868) |
CITI | Microsoft Corp. | USD | 340.00 | Jan 2023 | 21 | 2,100 | 26,180 | (34,868) |
CITI | Microsoft Corp. | USD | 340.00 | Jan 2023 | 17 | 1,700 | 25,631 | (28,226) |
CITI | Microsoft Corp. | USD | 340.00 | Jan 2023 | 43 | 4,300 | 87,102 | (71,395) |
CITI | Microsoft Corp. | USD | 340.00 | Jan 2023 | 19 | 1,900 | 38,578 | (31,547) |
SFG | Microsoft Corp. | USD | 340.00 | Jan 2023 | 32 | 3,200 | 41,247 | (53,131) |
SFG | Microsoft Corp. | USD | 340.00 | Jan 2023 | 32 | 3,200 | 43,795 | (53,131) |
CITI | Microsoft Corp. | USD | 350.00 | Jan 2023 | 21 | 2,100 | 21,927 | (29,009) |
CITI | Microsoft Corp. | USD | 350.00 | Jan 2023 | 21 | 2,100 | 22,163 | (29,009) |
CITI | Microsoft Corp. | USD | 350.00 | Jan 2023 | 17 | 1,700 | 21,637 | (23,483) |
CITI | Microsoft Corp. | USD | 350.00 | Jan 2023 | 43 | 4,300 | 74,101 | (59,399) |
CITI | Microsoft Corp. | USD | 350.00 | Jan 2023 | 19 | 1,900 | 33,056 | (26,246) |
JPM | Microsoft Corp. | USD | 350.00 | Jan 2023 | 62 | 6,200 | 94,674 | (85,645) |
SFG | Microsoft Corp. | USD | 350.00 | Jan 2023 | 32 | 3,200 | 34,689 | (44,204) |
SFG | Microsoft Corp. | USD | 350.00 | Jan 2023 | 32 | 3,200 | 37,065 | (44,204) |
JPM | Microsoft Corp. | USD | 355.00 | Jan 2023 | 62 | 6,200 | 85,994 | (77,930) |
CITI | Microsoft Corp. | USD | 360.00 | Jan 2023 | 43 | 4,300 | 62,793 | (49,104) |
The accompanying notes are an integral part of the financial statements. | 13 |
Options on securities (continued) | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls (continued) | ||||||||
CITI | Microsoft Corp. | USD | 360.00 | Jan 2023 | 19 | 1,900 | $28,142 | $(21,697) |
JPM | Microsoft Corp. | USD | 360.00 | Jan 2023 | 62 | 6,200 | 77,934 | (70,801) |
CITI | Microsoft Corp. | USD | 365.00 | Jan 2023 | 42 | 4,200 | 55,884 | (43,508) |
JPM | Otis Worldwide Corp. | USD | 85.00 | Jan 2023 | 15 | 1,500 | 10,230 | (7,396) |
JPM | Otis Worldwide Corp. | USD | 85.00 | Jan 2023 | 8 | 800 | 2,270 | (3,944) |
JPM | Otis Worldwide Corp. | USD | 90.00 | Jan 2023 | 15 | 1,500 | 7,230 | (4,944) |
JPM | Otis Worldwide Corp. | USD | 90.00 | Jan 2023 | 8 | 800 | 1,837 | (2,637) |
JPM | Otis Worldwide Corp. | USD | 95.00 | Jan 2023 | 15 | 1,500 | 3,330 | (3,181) |
JPM | Otis Worldwide Corp. | USD | 95.00 | Jan 2023 | 7 | 700 | 972 | (1,484) |
BOA | Public Service Enterprise Group, Inc. | USD | 65.00 | Jul 2022 | 69 | 6,900 | 21,268 | (19,581) |
BOA | Public Service Enterprise Group, Inc. | USD | 70.00 | Jul 2022 | 69 | 6,900 | 8,626 | (8,640) |
BOA | Public Service Enterprise Group, Inc. | USD | 75.00 | Jul 2022 | 69 | 6,900 | 2,287 | (3,555) |
CITI | Republic Services, Inc. | USD | 135.00 | Jul 2022 | 20 | 2,000 | 7,473 | (3,963) |
CITI | Republic Services, Inc. | USD | 140.00 | Jul 2022 | 20 | 2,000 | 5,292 | (2,706) |
CITI | Republic Services, Inc. | USD | 145.00 | Jul 2022 | 20 | 2,000 | 2,738 | (1,943) |
CSFB | Ross Stores, Inc. | USD | 95.00 | Jan 2023 | 22 | 2,200 | 26,484 | (23,277) |
CSFB | Ross Stores, Inc. | USD | 100.00 | Jan 2023 | 21 | 2,100 | 21,403 | (18,108) |
CSFB | Ross Stores, Inc. | USD | 105.00 | Jan 2023 | 21 | 2,100 | 17,735 | (14,676) |
GSI | Starbucks Corp. | USD | 97.50 | Jan 2023 | 69 | 6,900 | 70,652 | (48,252) |
GSI | Starbucks Corp. | USD | 97.50 | Jan 2023 | 70 | 7,000 | 65,590 | (48,951) |
GSI | Starbucks Corp. | USD | 100.00 | Jan 2023 | 69 | 6,900 | 62,917 | (41,902) |
GSI | Starbucks Corp. | USD | 100.00 | Jan 2023 | 70 | 7,000 | 59,290 | (42,509) |
GSI | Starbucks Corp. | USD | 105.00 | Jan 2023 | 69 | 6,900 | 48,747 | (31,278) |
GSI | Starbucks Corp. | USD | 105.00 | Jan 2023 | 70 | 7,000 | 46,690 | (31,731) |
CITI | The PNC Financial Services Group, Inc. | USD | 220.00 | Jan 2023 | 34 | 3,400 | 45,293 | (41,547) |
CITI | The PNC Financial Services Group, Inc. | USD | 220.00 | Jan 2023 | 24 | 2,400 | 31,200 | (29,327) |
CITI | The PNC Financial Services Group, Inc. | USD | 220.00 | Jan 2023 | 7 | 700 | 9,034 | (8,554) |
CITI | The PNC Financial Services Group, Inc. | USD | 220.00 | Jan 2023 | 21 | 2,100 | 27,234 | (25,661) |
CITI | The PNC Financial Services Group, Inc. | USD | 230.00 | Jan 2023 | 34 | 3,400 | 35,857 | (31,036) |
CITI | The PNC Financial Services Group, Inc. | USD | 230.00 | Jan 2023 | 24 | 2,400 | 24,679 | (21,908) |
CITI | The PNC Financial Services Group, Inc. | USD | 230.00 | Jan 2023 | 7 | 700 | 7,140 | (6,390) |
CITI | The PNC Financial Services Group, Inc. | USD | 230.00 | Jan 2023 | 21 | 2,100 | 21,437 | (19,170) |
CITI | UnitedHealth Group, Inc. | USD | 540.00 | Jan 2023 | 45 | 4,500 | 121,725 | (114,427) |
WFB | Walmart, Inc. | USD | 145.00 | Jan 2023 | 39 | 3,900 | 40,053 | (25,926) |
WFB | Walmart, Inc. | USD | 145.00 | Jan 2023 | 17 | 1,700 | 14,773 | (11,301) |
WFB | Walmart, Inc. | USD | 155.00 | Jan 2023 | 39 | 3,900 | 26,208 | (14,693) |
WFB | Walmart, Inc. | USD | 155.00 | Jan 2023 | 17 | 1,700 | 9,452 | (6,405) |
WFB | Walmart, Inc. | USD | 160.00 | Jan 2023 | 39 | 3,900 | 20,943 | (10,764) |
WFB | Walmart, Inc. | USD | 160.00 | Jan 2023 | 17 | 1,700 | 7,344 | (4,692) |
WFB | Yum! Brands, Inc. | USD | 135.00 | Jan 2023 | 16 | 1,600 | 9,552 | (9,834) |
WFB | Yum! Brands, Inc. | USD | 135.00 | Jan 2023 | 37 | 3,700 | 20,544 | (22,740) |
WFB | Yum! Brands, Inc. | USD | 145.00 | Jan 2023 | 16 | 1,600 | 5,232 | (5,721) |
WFB | Yum! Brands, Inc. | USD | 145.00 | Jan 2023 | 37 | 3,700 | 10,763 | (13,231) |
WFB | Yum! Brands, Inc. | USD | 150.00 | Jan 2023 | 16 | 1,600 | 3,056 | (4,320) |
WFB | Yum! Brands, Inc. | USD | 150.00 | Jan 2023 | 37 | 3,700 | 7,811 | (9,989) |
$5,838,175 | $(6,071,069) |
Derivatives Currency Abbreviations | |
USD | U.S. Dollar |
Derivatives Abbreviations | |
BOA | Bank of America, N.A. |
CITI | Citibank, N.A. |
CSFB | Credit Suisse First Boston International |
GSI | Goldman Sachs International |
JPM | JPMorgan Chase Bank, N.A. |
SFG | Susquehanna Financial Group, LLLP |
WFB | Wells Fargo Bank, N.A. |
The accompanying notes are an integral part of the financial statements. | 14 |
Shares or Principal Amount | Value | ||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 59.2% | |||||
U.S. Government – 36.1% | |||||
U.S. Treasury Bonds | |||||
1.125%, 05/15/2040 to 08/15/2040 | $ | 42,924,000 | $ | 35,686,586 | |
1.375%, 11/15/2040 to 08/15/2050 | 31,706,000 | 26,811,633 | |||
1.625%, 11/15/2050 | 5,647,000 | 4,947,743 | |||
1.750%, 08/15/2041 | 43,684,000 | 40,039,094 | |||
1.875%, 02/15/2041 to 02/15/2052 | 10,657,000 | 9,970,801 | |||
2.000%, 11/15/2041 to 08/15/2051 | 26,715,000 | 25,592,994 | |||
2.250%, 05/15/2041 to 02/15/2052 | 16,660,000 | 16,725,009 | |||
2.375%, 02/15/2042 | 3,564,000 | 3,639,178 | |||
2.500%, 02/15/2045 | 9,057,000 | 9,350,291 | |||
U.S. Treasury Notes | |||||
0.125%, 05/31/2022 to 08/31/2023 | 23,212,000 | 23,140,506 | |||
0.250%, 05/15/2024 to 10/31/2025 | 81,066,000 | 77,523,828 | |||
0.375%, 10/31/2023 to 01/31/2026 | 90,265,000 | 86,802,802 | |||
0.500%, 08/31/2027 to 10/31/2027 | 27,441,000 | 25,594,292 | |||
0.750%, 11/15/2024 to 05/31/2026 | 19,038,000 | 18,353,134 | |||
0.875%, 01/31/2024 to 09/30/2026 | 30,054,000 | 29,182,345 | |||
1.000%, 12/15/2024 to 07/31/2028 | 13,555,000 | 13,058,635 | |||
1.125%, 02/15/2025 | 7,433,000 | 7,327,893 | |||
1.250%, 12/31/2026 to 06/30/2028 | 4,702,000 | 4,566,983 | |||
1.375%, 10/31/2028 to 12/31/2028 | 21,846,000 | 21,216,501 | |||
1.500%, 02/29/2024 to 01/31/2027 | 48,639,000 | 48,431,622 | |||
1.750%, 01/31/2029 | 3,600,000 | 3,581,438 | |||
1.875%, 02/28/2027 to 02/15/2032 | 56,305,000 | 56,585,023 | |||
2.125%, 05/15/2025 | 13,546,000 | 13,734,374 | |||
601,862,705 | |||||
U.S. Government Agency – 23.1% | |||||
Federal Home Loan Mortgage Corp. | |||||
2.000%, 11/01/2041 to 03/01/2042 | 5,939,164 | 5,782,631 | |||
2.045%, 12/14/2029 (A) | 2,068,000 | 1,761,161 | |||
2.500%, 01/01/2036 | 6,084,366 | 6,193,405 | |||
2.810%, (12 month LIBOR + 1.641%), 05/01/2049 (B) | 1,146,737 | 1,177,269 | |||
3.000%, 12/01/2031 to 02/01/2032 | 3,592,785 | 3,696,719 | |||
4.000%, 01/01/2035 to 07/01/2049 | 6,394,150 | 6,787,400 | |||
4.500%, 06/01/2039 to 07/01/2039 | 109,068 | 117,606 | |||
5.000%, 05/01/2048 to 03/01/2049 | 5,327,569 | 5,863,901 | |||
Federal National Mortgage Association | |||||
2.000%, TBA (C) | 33,700,000 | 32,307,641 | |||
2.000%, 02/01/2042 to 03/01/2042 | 5,586,194 | 5,436,990 | |||
2.030%, (12 month LIBOR + 1.578%), 06/01/2045 (B) | 984,781 | 1,012,024 | |||
2.121%, 11/15/2030 (A) | 6,077,000 | 5,047,987 | |||
2.392%, (12 month LIBOR + 1.584%), 01/01/2046 (B) | 3,050,533 | 3,146,403 | |||
2.500%, TBA (C) | 42,660,000 | 42,037,225 | |||
2.500%, 12/01/2035 to 02/01/2052 | 29,495,775 | 29,720,392 | |||
3.000%, TBA (C) | 84,600,000 | 85,182,441 | |||
3.000%, 01/01/2043 to 07/01/2060 | 35,968,764 | 36,910,655 | |||
3.500%, TBA (C) | 14,900,000 | 15,316,137 | |||
3.500%, 04/01/2050 to 02/01/2052 | 4,501,054 | 4,754,474 | |||
3.500%, 07/01/2050 (C) | 2,739,939 | 2,891,251 | |||
4.000%, 09/01/2033 to 08/01/2059 | 20,963,212 | 22,445,730 | |||
4.500%, 05/01/2034 to 08/01/2049 | 20,882,933 | 22,718,136 | |||
5.000%, 07/01/2044 to 11/01/2049 | 2,993,210 | 3,264,058 | |||
5.500%, 12/01/2048 to 06/01/2049 | 5,896,830 | 6,535,457 | |||
Government National Mortgage Association | |||||
2.500%, TBA (C) | 11,300,000 | 11,291,857 | |||
3.000%, 02/20/2052 | 2,500,000 | 2,545,914 | |||
3.500%, 01/20/2048 | 920,785 | 967,101 | |||
4.000%, 03/20/2048 to 07/20/2049 | 3,857,653 | 4,082,507 | |||
4.500%, 08/15/2047 to 05/20/2049 | 3,927,669 | 4,177,027 |
Shares or Principal Amount | Value | ||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Government National Mortgage Association (continued) | |||||
5.000%, 12/20/2039 to 03/20/2049 | $ | 11,680,402 | $ | 12,485,973 | |
385,657,472 | |||||
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $1,006,679,559) | $ | 987,520,177 | |||
FOREIGN GOVERNMENT OBLIGATIONS – 0.9% | |||||
Chile – 0.0% | |||||
Republic of Chile 3.500%, 01/31/2034 | 336,000 | 333,134 | |||
Colombia – 0.1% | |||||
Republic of Colombia 5.200%, 05/15/2049 | 1,309,000 | 1,105,817 | |||
Italy – 0.0% | |||||
Republic of Italy 3.875%, 05/06/2051 | 406,000 | 393,802 | |||
Mexico – 0.5% | |||||
Government of Mexico | |||||
3.500%, 02/12/2034 | 1,524,000 | 1,433,337 | |||
3.750%, 04/19/2071 | 1,249,000 | 988,209 | |||
4.280%, 08/14/2041 | 2,510,000 | 2,356,112 | |||
4.400%, 02/12/2052 | 298,000 | 274,071 | |||
4.500%, 04/22/2029 | 2,522,000 | 2,679,398 | |||
7,731,127 | |||||
Panama – 0.0% | |||||
Republic of Panama 4.500%, 01/19/2063 | 208,000 | 197,737 | |||
Paraguay – 0.1% | |||||
Republic of Paraguay | |||||
3.849%, 06/28/2033 (D) | 393,000 | 374,926 | |||
4.950%, 04/28/2031 (D) | 315,000 | 326,816 | |||
5.400%, 03/30/2050 (D) | 944,000 | 929,849 | |||
1,631,591 | |||||
Peru – 0.2% | |||||
Republic of Peru | |||||
2.392%, 01/23/2026 | 1,125,000 | 1,102,028 | |||
2.783%, 01/23/2031 | 1,736,000 | 1,640,294 | |||
3.000%, 01/15/2034 | 347,000 | 320,160 | |||
3.600%, 01/15/2072 | 1,191,000 | 993,723 | |||
4,056,205 | |||||
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $16,786,717) | $ | 15,449,413 | |||
CORPORATE BONDS – 28.5% | |||||
Communication services – 2.5% | |||||
AT&T, Inc. | |||||
1.700%, 03/25/2026 | 2,688,000 | 2,616,298 | |||
2.250%, 02/01/2032 | 443,000 | 408,832 | |||
3.100%, 02/01/2043 | 809,000 | 722,126 | |||
3.300%, 02/01/2052 | 486,000 | 431,596 | |||
3.500%, 06/01/2041 to 02/01/2061 | 3,267,000 | 2,990,274 | |||
3.550%, 09/15/2055 | 564,000 | 511,427 | |||
3.650%, 06/01/2051 to 09/15/2059 | 1,566,000 | 1,436,264 | |||
3.800%, 12/01/2057 | 1,032,000 | 968,225 | |||
Charter Communications Operating LLC | |||||
2.250%, 01/15/2029 | 1,554,000 | 1,435,150 | |||
3.500%, 06/01/2041 to 03/01/2042 | 2,045,000 | 1,764,353 | |||
3.700%, 04/01/2051 | 283,000 | 237,424 | |||
3.900%, 06/01/2052 | 1,486,000 | 1,292,447 | |||
4.400%, 12/01/2061 | 465,000 | 414,374 |
The accompanying notes are an integral part of the financial statements. | 15 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Communication services (continued) | |||||
Comcast Corp. | |||||
2.450%, 08/15/2052 | $ | 268,000 | $ | 215,939 | |
2.650%, 08/15/2062 | 1,341,000 | 1,041,461 | |||
2.887%, 11/01/2051 (D) | 110,000 | 95,421 | |||
Netflix, Inc. | |||||
3.625%, 06/15/2025 (D) | 960,000 | 981,600 | |||
5.375%, 11/15/2029 (D) | 751,000 | 838,773 | |||
5.875%, 11/15/2028 | 1,032,000 | 1,166,831 | |||
Paramount Global 4.950%, 01/15/2031 | 300,000 | 325,167 | |||
T-Mobile USA, Inc. | |||||
2.250%, 02/15/2026 | 1,054,000 | 1,017,110 | |||
2.250%, 02/15/2026 (D) | 5,359,000 | 5,171,435 | |||
2.875%, 02/15/2031 | 366,000 | 343,425 | |||
3.375%, 04/15/2029 | 2,648,000 | 2,591,333 | |||
3.375%, 04/15/2029 (D) | 2,693,000 | 2,635,370 | |||
3.400%, 10/15/2052 (D) | 367,000 | 325,257 | |||
3.500%, 04/15/2031 | 291,000 | 286,450 | |||
3.500%, 04/15/2031 (D) | 1,986,000 | 1,954,949 | |||
Verizon Communications, Inc. | |||||
1.680%, 10/30/2030 | 1,081,000 | 971,036 | |||
2.355%, 03/15/2032 (D) | 812,000 | 758,198 | |||
2.550%, 03/21/2031 | 784,000 | 752,568 | |||
2.650%, 11/20/2040 | 2,262,000 | 1,962,826 | |||
2.875%, 11/20/2050 | 435,000 | 371,762 | |||
3.400%, 03/22/2041 | 1,087,000 | 1,046,803 | |||
3.700%, 03/22/2061 | 790,000 | 752,990 | |||
3.875%, 03/01/2052 (C) | 536,000 | 554,281 | |||
4.329%, 09/21/2028 | 374,000 | 407,244 | |||
Vodafone Group PLC | |||||
4.250%, 09/17/2050 | 215,000 | 220,118 | |||
5.000%, 05/30/2038 | 269,000 | 305,341 | |||
42,322,478 | |||||
Consumer discretionary – 2.4% | |||||
Advance Auto Parts, Inc. 3.900%, 04/15/2030 | 2,157,000 | 2,229,917 | |||
Amazon.com, Inc. | |||||
1.000%, 05/12/2026 | 3,676,000 | 3,539,883 | |||
1.650%, 05/12/2028 | 1,656,000 | 1,592,894 | |||
2.100%, 05/12/2031 | 2,586,000 | 2,489,463 | |||
2.700%, 06/03/2060 | 528,000 | 450,413 | |||
3.100%, 05/12/2051 | 1,307,000 | 1,263,375 | |||
3.250%, 05/12/2061 | 276,000 | 262,673 | |||
AutoNation, Inc. 4.750%, 06/01/2030 | 2,394,000 | 2,579,687 | |||
Dick's Sporting Goods, Inc. 4.100%, 01/15/2052 | 1,714,000 | 1,499,980 | |||
Ford Motor Company 4.750%, 01/15/2043 | 440,000 | 425,700 | |||
Ford Motor Credit Company LLC | |||||
2.700%, 08/10/2026 | 2,458,000 | 2,353,535 | |||
2.900%, 02/10/2029 | 1,247,000 | 1,164,386 | |||
3.625%, 06/17/2031 | 1,179,000 | 1,133,741 | |||
4.000%, 11/13/2030 | 365,000 | 362,080 | |||
4.063%, 11/01/2024 | 443,000 | 449,533 | |||
General Motors Financial Company, Inc. 3.100%, 01/12/2032 | 1,125,000 | 1,073,723 | |||
Hyundai Capital America | |||||
0.800%, 01/08/2024 (D) | 1,433,000 | 1,391,653 | |||
1.300%, 01/08/2026 (D) | 1,130,000 | 1,067,438 | |||
1.800%, 10/15/2025 (D) | 1,073,000 | 1,036,789 | |||
2.000%, 06/15/2028 (D) | 536,000 | 498,368 | |||
Hyundai Capital Services, Inc. 2.125%, 04/24/2025 (D) | 846,000 | 826,816 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Consumer discretionary (continued) | |||||
Marriott International, Inc. | |||||
2.850%, 04/15/2031 | $ | 1,326,000 | $ | 1,263,868 | |
3.500%, 10/15/2032 | 812,000 | 809,609 | |||
4.625%, 06/15/2030 | 1,918,000 | 2,070,955 | |||
5.750%, 05/01/2025 | 330,000 | 361,141 | |||
Starbucks Corp. 1.300%, 05/07/2022 | 685,000 | 685,359 | |||
Tapestry, Inc. 3.050%, 03/15/2032 | 1,923,000 | 1,829,515 | |||
Target Corp. | |||||
1.950%, 01/15/2027 (E) | 1,070,000 | 1,061,232 | |||
2.950%, 01/15/2052 | 1,208,000 | 1,144,400 | |||
The Home Depot, Inc. | |||||
2.375%, 03/15/2051 | 861,000 | 708,317 | |||
3.125%, 12/15/2049 | 1,045,000 | 984,758 | |||
3.300%, 04/15/2040 | 223,000 | 223,089 | |||
The Trustees of the University of Pennsylvania 3.610%, 02/15/2119 | 954,000 | 950,350 | |||
39,784,640 | |||||
Consumer staples – 0.8% | |||||
Altria Group, Inc. 2.350%, 05/06/2025 | 235,000 | 234,274 | |||
Anheuser-Busch Companies LLC | |||||
4.700%, 02/01/2036 | 1,524,000 | 1,698,476 | |||
4.900%, 02/01/2046 | 2,326,000 | 2,628,291 | |||
Anheuser-Busch InBev Worldwide, Inc. | |||||
3.500%, 06/01/2030 | 539,000 | 563,113 | |||
3.750%, 07/15/2042 | 492,000 | 485,648 | |||
4.375%, 04/15/2038 | 1,601,000 | 1,719,738 | |||
Archer-Daniels-Midland Company 2.900%, 03/01/2032 | 1,072,000 | 1,084,428 | |||
BAT Capital Corp. 4.390%, 08/15/2037 | 286,000 | 274,110 | |||
Bunge, Ltd. Finance Corp. | |||||
1.630%, 08/17/2025 | 938,000 | 910,625 | |||
2.750%, 05/14/2031 | 640,000 | 609,127 | |||
3.750%, 09/25/2027 | 1,009,000 | 1,048,664 | |||
Molson Coors Beverage Company 4.200%, 07/15/2046 | 1,871,000 | 1,860,087 | |||
Walmart, Inc. 2.500%, 09/22/2041 | 267,000 | 245,022 | |||
13,361,603 | |||||
Energy – 1.5% | |||||
Aker BP ASA 4.000%, 01/15/2031 (D) | 812,000 | 830,885 | |||
BP Capital Markets America, Inc. 2.939%, 06/04/2051 | 535,000 | 450,004 | |||
Diamondback Energy, Inc. | |||||
3.125%, 03/24/2031 | 806,000 | 786,830 | |||
4.400%, 03/24/2051 | 712,000 | 737,751 | |||
Energy Transfer LP | |||||
4.400%, 03/15/2027 | 1,067,000 | 1,119,289 | |||
4.950%, 05/15/2028 | 1,810,000 | 1,936,904 | |||
5.150%, 03/15/2045 | 545,000 | 555,396 | |||
5.300%, 04/15/2047 | 1,420,000 | 1,483,703 | |||
6.100%, 02/15/2042 | 281,000 | 312,918 | |||
6.125%, 12/15/2045 | 481,000 | 539,871 | |||
Exxon Mobil Corp. 3.452%, 04/15/2051 | 1,068,000 | 1,055,562 | |||
Galaxy Pipeline Assets Bidco, Ltd. | |||||
1.750%, 09/30/2027 (D) | 1,694,043 | 1,646,655 | |||
2.160%, 03/31/2034 (D) | 1,292,000 | 1,201,057 | |||
2.625%, 03/31/2036 (D) | 817,000 | 737,615 | |||
2.940%, 09/30/2040 (D) | 497,000 | 457,047 |
The accompanying notes are an integral part of the financial statements. | 16 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Energy (continued) | |||||
Kinder Morgan, Inc. | |||||
3.250%, 08/01/2050 | $ | 505,000 | $ | 424,488 | |
3.600%, 02/15/2051 | 645,000 | 580,227 | |||
5.050%, 02/15/2046 | 268,000 | 289,856 | |||
Lundin Energy Finance BV | |||||
2.000%, 07/15/2026 (D) | 1,946,000 | 1,879,104 | |||
3.100%, 07/15/2031 (D) | 3,563,000 | 3,399,670 | |||
Marathon Oil Corp. 5.200%, 06/01/2045 | 347,000 | 381,462 | |||
Oleoducto Central SA 4.000%, 07/14/2027 (D) | 654,000 | 616,402 | |||
Petroleos del Peru SA 5.625%, 06/19/2047 (D) | 874,000 | 775,684 | |||
Petroleos Mexicanos | |||||
2.378%, 04/15/2025 | 306,250 | 309,005 | |||
2.460%, 12/15/2025 | 1,360,400 | 1,374,531 | |||
Pioneer Natural Resources Company 1.900%, 08/15/2030 | 1,444,000 | 1,311,598 | |||
25,193,514 | |||||
Financials – 10.1% | |||||
Alleghany Corp. 3.250%, 08/15/2051 | 814,000 | 693,883 | |||
Antares Holdings LP 3.750%, 07/15/2027 (D) | 1,268,000 | 1,234,505 | |||
Aon Corp. 3.900%, 02/28/2052 | 643,000 | 645,652 | |||
Ares Capital Corp. 3.200%, 11/15/2031 | 1,333,000 | 1,204,697 | |||
ASB Bank, Ltd. 2.375%, 10/22/2031 (D) | 1,039,000 | 978,711 | |||
Athene Global Funding | |||||
1.730%, 10/02/2026 (D) | 1,618,000 | 1,539,165 | |||
1.985%, 08/19/2028 (D) | 1,348,000 | 1,244,229 | |||
2.500%, 03/24/2028 (D) | 1,887,000 | 1,820,811 | |||
2.646%, 10/04/2031 (D) | 1,780,000 | 1,667,896 | |||
Bain Capital Specialty Finance, Inc. 2.550%, 10/13/2026 | 886,000 | 832,345 | |||
Banco Santander SA (1.722% to 9-14-26, then 1 Year CMT + 0.900%) 09/14/2027 | 1,400,000 | 1,323,795 | |||
Banco Santander SA (3.225% to 11-22-31, then 1 Year CMT + 1.600%) 11/22/2032 | 1,400,000 | 1,298,304 | |||
Bank of America Corp. 3.500%, 04/19/2026 | 275,000 | 284,844 | |||
Bank of America Corp. (1.197% to 10-24-25, then SOFR + 1.010%) 10/24/2026 | 1,211,000 | 1,145,105 | |||
Bank of America Corp. (1.319% to 6-19-25, then SOFR + 1.150%) 06/19/2026 | 721,000 | 688,900 | |||
Bank of America Corp. (1.530% to 12-6-24, then SOFR + 0.650%) 12/06/2025 | 3,833,000 | 3,723,520 | |||
Bank of America Corp. (1.658% to 3-11-26, then SOFR + 0.910%) 03/11/2027 | 5,436,000 | 5,206,732 | |||
Bank of America Corp. (1.734% to 7-22-26, then SOFR + 0.960%) 07/22/2027 | 3,249,000 | 3,101,374 | |||
Bank of America Corp. (1.843% to 2-4-24, then SOFR + 0.670%) 02/04/2025 | 3,552,000 | 3,517,391 | |||
Bank of America Corp. (1.922% to 10-24-30, then SOFR + 1.370%) 10/24/2031 | 902,000 | 816,615 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Financials (continued) | |||||
Bank of America Corp. (2.496% to 2-13-30, then 3 month LIBOR + 0.990%) 02/13/2031 | $ | 1,516,000 | $ | 1,443,676 | |
Bank of America Corp. (2.592% to 4-29-30, then SOFR + 2.150%) 04/29/2031 | 414,000 | 395,757 | |||
Bank of America Corp. (2.687% to 4-22-31, then SOFR + 1.320%) 04/22/2032 | 4,130,000 | 3,972,054 | |||
Bank of America Corp. (2.972% to 2-4-32, then SOFR + 1.330%) 02/04/2033 | 2,237,000 | 2,191,432 | |||
Bank of America Corp. (3.004% to 12-20-22, then 3 month LIBOR + 0.790%) 12/20/2023 | 2,143,000 | 2,162,046 | |||
Bank of America Corp. (3.419% to 12-20-27, then 3 month LIBOR + 1.040%) 12/20/2028 | 2,362,000 | 2,414,766 | |||
Bank of America Corp. (3.483% to 3-13-51, then SOFR + 1.650%) 03/13/2052 | 534,000 | 517,024 | |||
Blackstone Holdings Finance Company LLC 3.200%, 01/30/2052 (D) | 982,000 | 884,585 | |||
Blackstone Private Credit Fund | |||||
2.350%, 11/22/2024 (D) | 1,109,000 | 1,078,285 | |||
2.625%, 12/15/2026 (D) | 3,497,000 | 3,255,092 | |||
3.250%, 03/15/2027 (D) | 1,387,000 | 1,325,907 | |||
4.000%, 01/15/2029 (D) | 1,991,000 | 1,919,408 | |||
Blackstone Secured Lending Fund 2.850%, 09/30/2028 (D) | 803,000 | 739,684 | |||
Brighthouse Financial Global Funding 1.200%, 12/15/2023 (D) | 1,076,000 | 1,056,642 | |||
Brighthouse Financial, Inc. 3.850%, 12/22/2051 | 534,000 | 466,542 | |||
Citigroup, Inc. (2.014% to 1-25-25, then SOFR + 0.694%) 01/25/2026 | 3,213,000 | 3,162,414 | |||
Citigroup, Inc. (3.070% to 2-24-27, then SOFR + 1.280%) 02/24/2028 | 1,608,000 | 1,620,846 | |||
CNO Global Funding 1.750%, 10/07/2026 (D) | 1,478,000 | 1,410,090 | |||
Deutsche Bank AG (3.742% to 10-7-31, then SOFR + 2.257%) 01/07/2033 | 2,822,000 | 2,641,389 | |||
Enstar Group, Ltd. 3.100%, 09/01/2031 | 1,356,000 | 1,265,075 | |||
F&G Global Funding 2.000%, 09/20/2028 (D) | 2,149,000 | 2,004,767 | |||
FS KKR Capital Corp. 3.250%, 07/15/2027 | 116,000 | 111,439 | |||
GA Global Funding Trust | |||||
0.800%, 09/13/2024 (D) | 1,921,000 | 1,837,683 | |||
1.950%, 09/15/2028 (D) | 2,583,000 | 2,374,231 | |||
2.250%, 01/06/2027 (D) | 1,349,000 | 1,306,410 | |||
GE Capital International Funding Company 4.418%, 11/15/2035 | 1,312,000 | 1,474,934 | |||
Jackson Financial, Inc. 4.000%, 11/23/2051 (D) | 342,000 | 307,179 | |||
JPMorgan Chase & Co. (1.040% to 2-4-26, then 3 month CME Term SOFR + 0.695%) 02/04/2027 | 5,398,000 | 5,050,819 | |||
JPMorgan Chase & Co. (1.045% to 11-19-25, then SOFR + 0.800%) 11/19/2026 | 3,010,000 | 2,829,875 |
The accompanying notes are an integral part of the financial statements. | 17 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Financials (continued) | |||||
JPMorgan Chase & Co. (1.470% to 9-22-26, then SOFR + 0.765%) 09/22/2027 | $ | 1,341,000 | $ | 1,265,626 | |
JPMorgan Chase & Co. (1.561% to 12-10-24, then SOFR + 0.605%) 12/10/2025 | 8,438,000 | 8,226,763 | |||
JPMorgan Chase & Co. (2.083% to 4-22-25, then SOFR + 1.850%) 04/22/2026 | 2,361,000 | 2,325,679 | |||
JPMorgan Chase & Co. (2.182% to 6-1-27, then SOFR + 1.890%) 06/01/2028 | 1,654,000 | 1,595,483 | |||
JPMorgan Chase & Co. (2.301% to 10-15-24, then SOFR + 1.160%) 10/15/2025 | 339,000 | 337,295 | |||
Kemper Corp. 3.800%, 02/23/2032 | 1,072,000 | 1,078,350 | |||
Macquarie Group, Ltd.(1.201% to 10-14-24, then SOFR + 0.694%) 10/14/2025 (D) | 2,440,000 | 2,359,138 | |||
Mitsubishi UFJ Financial Group, Inc. (0.953% to 7-19-24, then 1 Year CMT + 0.550%) 07/19/2025 | 3,324,000 | 3,209,972 | |||
Mitsubishi UFJ Financial Group, Inc. (1.538% to 7-20-26, then 1 Year CMT + 0.750%) 07/20/2027 | 3,284,000 | 3,115,254 | |||
Mitsubishi UFJ Financial Group, Inc. (1.640% to 10-13-26, then 1 Year CMT + 0.670%) 10/13/2027 | 2,732,000 | 2,593,319 | |||
Mitsubishi UFJ Financial Group, Inc. (2.309% to 7-20-31, then 1 Year CMT + 0.950%) 07/20/2032 | 1,717,000 | 1,593,439 | |||
Mitsubishi UFJ Financial Group, Inc. (2.341% to 1-19-27, then 1 Year CMT + 0.830%) 01/19/2028 | 1,550,000 | 1,512,618 | |||
Mitsubishi UFJ Financial Group, Inc. (2.494% to 10-13-31, then 1 Year CMT + 0.970%) 10/13/2032 | 1,116,000 | 1,049,998 | |||
Mitsubishi UFJ Financial Group, Inc. (2.852% to 1-19-32, then 1 Year CMT + 1.100%) 01/19/2033 | 996,000 | 964,193 | |||
Mizuho Financial Group, Inc. (3.261% to 5-22-29, then 1 Year CMT + 1.250%) 05/22/2030 | 2,687,000 | 2,693,044 | |||
Morgan Stanley (0.790% to 5-30-24, then SOFR + 0.525%) 05/30/2025 | 4,837,000 | 4,663,900 | |||
Morgan Stanley (0.791% to 1-22-24, then SOFR + 0.509%) 01/22/2025 | 5,351,000 | 5,198,511 | |||
Morgan Stanley (0.864% to 10-21-24, then SOFR + 0.745%) 10/21/2025 | 1,073,000 | 1,027,290 | |||
Morgan Stanley (0.985% to 12-10-25, then SOFR + 0.720%) 12/10/2026 | 2,746,000 | 2,571,745 | |||
Morgan Stanley (1.164% to 10-21-24, then SOFR + 0.560%) 10/21/2025 | 1,387,000 | 1,338,272 | |||
Morgan Stanley (1.512% to 7-20-26, then SOFR + 0.858%) 07/20/2027 | 2,099,000 | 1,988,504 | |||
Morgan Stanley (2.239% to 7-21-31, then SOFR + 1.178%) 07/21/2032 | 1,601,000 | 1,473,968 | |||
Morgan Stanley (2.475% to 1-21-27, then SOFR + 1.000%) 01/21/2028 | 536,000 | 526,968 | |||
Morgan Stanley Direct Lending Fund 4.500%, 02/11/2027 (D) | 1,075,000 | 1,064,940 | |||
Owl Rock Capital Corp. 3.400%, 07/15/2026 | 1,538,000 | 1,473,643 | |||
Owl Rock Capital Corp. III 3.125%, 04/13/2027 (D) | 1,717,000 | 1,595,157 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Financials (continued) | |||||
Owl Rock Core Income Corp. 4.700%, 02/08/2027 (D) | $ | 1,223,000 | $ | 1,210,528 | |
Prudential Financial, Inc. (5.125% to 11-28-31, then 5 Year CMT + 3.162%) 03/01/2052 | 542,000 | 549,453 | |||
SBL Holdings, Inc. 5.000%, 02/18/2031 (D) | 1,868,000 | 1,855,934 | |||
Stewart Information Services Corp. 3.600%, 11/15/2031 | 726,000 | 700,795 | |||
Sumitomo Mitsui Financial Group, Inc. | |||||
1.402%, 09/17/2026 | 2,199,000 | 2,078,015 | |||
1.902%, 09/17/2028 | 3,423,000 | 3,204,145 | |||
The Goldman Sachs Group, Inc. (0.657% to 9-10-23, then SOFR + 0.505%) 09/10/2024 | 2,702,000 | 2,637,859 | |||
The Goldman Sachs Group, Inc. (0.925% to 10-21-23, then SOFR + 0.486%) 10/21/2024 | 5,406,000 | 5,289,393 | |||
The Goldman Sachs Group, Inc. (1.948% to 10-21-26, then SOFR + 0.913%) 10/21/2027 | 1,337,000 | 1,281,046 | |||
The Goldman Sachs Group, Inc. (2.650% to 10-21-31, then SOFR + 1.264%) 10/21/2032 | 933,000 | 884,757 | |||
The Goldman Sachs Group, Inc. (3.102% to 2-24-32, then SOFR + 1.410%) 02/24/2033 | 1,409,000 | 1,386,994 | |||
The Goldman Sachs Group, Inc.(1.757% to 1-24-24, then SOFR + 0.730%) 01/24/2025 | 2,932,000 | 2,899,045 | |||
The Goldman Sachs Group, Inc.(2.640% to 2-24-27, then SOFR + 1.114%) 02/24/2028 | 1,073,000 | 1,057,330 | |||
Trust Fibra Uno | |||||
5.250%, 01/30/2026 (D) | 880,000 | 898,700 | |||
6.390%, 01/15/2050 (D) | 682,000 | 699,050 | |||
Westpac Banking Corp. 1.953%, 11/20/2028 | 1,356,000 | 1,297,543 | |||
168,962,181 | |||||
Health care – 2.7% | |||||
AbbVie, Inc. | |||||
2.300%, 11/21/2022 | 1,681,000 | 1,691,364 | |||
3.200%, 11/21/2029 | 1,604,000 | 1,624,477 | |||
4.050%, 11/21/2039 | 636,000 | 667,567 | |||
4.250%, 11/21/2049 | 1,399,000 | 1,487,602 | |||
4.300%, 05/14/2036 | 391,000 | 428,138 | |||
4.450%, 05/14/2046 | 396,000 | 426,638 | |||
Amgen, Inc. 3.000%, 01/15/2052 | 597,000 | 511,202 | |||
Astrazeneca Finance LLC 1.750%, 05/28/2028 | 1,901,000 | 1,817,218 | |||
AstraZeneca PLC 2.125%, 08/06/2050 | 270,000 | 213,126 | |||
Centene Corp. | |||||
2.450%, 07/15/2028 | 2,933,000 | 2,762,417 | |||
2.500%, 03/01/2031 | 474,000 | 436,433 | |||
3.000%, 10/15/2030 | 1,303,000 | 1,242,014 | |||
CVS Health Corp. | |||||
3.000%, 08/15/2026 | 581,000 | 591,285 | |||
4.300%, 03/25/2028 | 1,227,000 | 1,324,614 | |||
Danaher Corp. | |||||
2.600%, 10/01/2050 | 641,000 | 549,986 | |||
2.800%, 12/10/2051 | 429,000 | 379,491 | |||
DH Europe Finance II Sarl | |||||
2.050%, 11/15/2022 | 858,000 | 862,421 |
The accompanying notes are an integral part of the financial statements. | 18 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Health care (continued) | |||||
DH Europe Finance II Sarl (continued) | |||||
2.200%, 11/15/2024 | $ | 1,477,000 | $ | 1,477,751 | |
Gilead Sciences, Inc. | |||||
2.600%, 10/01/2040 | 933,000 | 805,834 | |||
2.800%, 10/01/2050 | 1,420,000 | 1,200,770 | |||
4.000%, 09/01/2036 | 481,000 | 512,251 | |||
HCA, Inc. | |||||
3.500%, 09/01/2030 | 3,805,000 | 3,766,950 | |||
5.375%, 02/01/2025 | 3,885,000 | 4,114,254 | |||
5.875%, 02/01/2029 | 487,000 | 544,223 | |||
Pfizer, Inc. | |||||
2.550%, 05/28/2040 | 1,874,000 | 1,712,908 | |||
2.800%, 03/11/2022 | 517,000 | 517,274 | |||
Roche Holdings, Inc. | |||||
2.076%, 12/13/2031 (D) | 2,024,000 | 1,923,129 | |||
2.607%, 12/13/2051 (D) | 759,000 | 671,470 | |||
Shire Acquisitions Investments Ireland DAC 2.875%, 09/23/2023 | 1,127,000 | 1,141,526 | |||
STERIS Irish FinCo Unlimited Company 3.750%, 03/15/2051 | 2,134,000 | 2,050,908 | |||
Stryker Corp. 2.900%, 06/15/2050 | 268,000 | 236,863 | |||
Takeda Pharmaceutical Company, Ltd. | |||||
2.050%, 03/31/2030 | 1,482,000 | 1,374,894 | |||
3.025%, 07/09/2040 | 617,000 | 557,088 | |||
3.175%, 07/09/2050 | 373,000 | 334,062 | |||
4.400%, 11/26/2023 | 1,047,000 | 1,086,832 | |||
Thermo Fisher Scientific, Inc. | |||||
1.750%, 10/15/2028 | 1,023,000 | 968,762 | |||
2.000%, 10/15/2031 | 911,000 | 845,178 | |||
2.800%, 10/15/2041 | 432,000 | 397,735 | |||
UnitedHealth Group, Inc. | |||||
2.750%, 05/15/2040 | 413,000 | 381,587 | |||
2.900%, 05/15/2050 | 957,000 | 875,984 | |||
3.050%, 05/15/2041 | 281,000 | 269,647 | |||
3.250%, 05/15/2051 | 905,000 | 878,806 | |||
45,662,679 | |||||
Industrials – 1.9% | |||||
Adani International Container Terminal Private, Ltd. 3.000%, 02/16/2031 (D) | 490,000 | 454,980 | |||
Adani Ports & Special Economic Zone, Ltd. 4.200%, 08/04/2027 (D) | 1,054,000 | 1,052,503 | |||
AerCap Ireland Capital DAC 1.150%, 10/29/2023 | 3,309,000 | 3,232,352 | |||
Canadian Pacific Railway Company | |||||
1.350%, 12/02/2024 | 2,406,000 | 2,347,266 | |||
1.750%, 12/02/2026 | 260,000 | 252,165 | |||
3.000%, 12/02/2041 | 426,000 | 395,219 | |||
Crowley Conro LLC 4.181%, 08/15/2043 | 785,393 | 887,327 | |||
Delta Air Lines, Inc. | |||||
4.500%, 10/20/2025 (D) | 2,187,000 | 2,245,189 | |||
4.750%, 10/20/2028 (D) | 3,175,000 | 3,311,291 | |||
Howmet Aerospace, Inc. 3.000%, 01/15/2029 | 1,593,000 | 1,511,359 | |||
Northrop Grumman Corp. 3.250%, 08/01/2023 to 01/15/2028 | 2,545,000 | 2,599,176 | |||
Quanta Services, Inc. 0.950%, 10/01/2024 | 1,073,000 | 1,036,218 | |||
The Boeing Company | |||||
2.196%, 02/04/2026 | 2,041,000 | 1,991,415 | |||
3.250%, 02/01/2028 to 02/01/2035 | 1,816,000 | 1,772,817 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Industrials (continued) | |||||
The Boeing Company (continued) | |||||
3.625%, 02/01/2031 | $ | 1,161,000 | $ | 1,170,901 | |
3.750%, 02/01/2050 | 1,180,000 | 1,096,479 | |||
5.150%, 05/01/2030 | 539,000 | 595,349 | |||
5.705%, 05/01/2040 | 327,000 | 380,920 | |||
5.805%, 05/01/2050 | 367,000 | 435,999 | |||
Union Pacific Corp. | |||||
2.400%, 02/05/2030 | 1,056,000 | 1,028,307 | |||
2.800%, 02/14/2032 | 1,344,000 | 1,347,923 | |||
3.375%, 02/14/2042 | 645,000 | 643,886 | |||
3.500%, 02/14/2053 | 914,000 | 917,472 | |||
30,706,513 | |||||
Information technology – 2.5% | |||||
Analog Devices, Inc. | |||||
1.700%, 10/01/2028 | 809,000 | 772,516 | |||
2.100%, 10/01/2031 | 1,076,000 | 1,028,570 | |||
Apple, Inc. | |||||
1.400%, 08/05/2028 | 2,154,000 | 2,034,768 | |||
1.700%, 08/05/2031 | 1,615,000 | 1,497,020 | |||
2.375%, 02/08/2041 | 437,000 | 389,223 | |||
2.550%, 08/20/2060 | 1,263,000 | 1,046,492 | |||
2.650%, 05/11/2050 to 02/08/2051 | 2,677,000 | 2,376,561 | |||
2.850%, 08/05/2061 | 1,076,000 | 955,958 | |||
Broadcom Corp. 3.875%, 01/15/2027 | 407,000 | 423,768 | |||
Broadcom, Inc. | |||||
2.450%, 02/15/2031 (D) | 941,000 | 869,269 | |||
3.150%, 11/15/2025 | 704,000 | 717,217 | |||
3.419%, 04/15/2033 (D) | 2,561,000 | 2,497,315 | |||
3.469%, 04/15/2034 (D) | 1,202,000 | 1,160,320 | |||
4.150%, 11/15/2030 | 1,497,000 | 1,570,816 | |||
Dell International LLC | |||||
3.375%, 12/15/2041 (D) | 1,337,000 | 1,172,179 | |||
3.450%, 12/15/2051 (D) | 1,604,000 | 1,358,277 | |||
4.900%, 10/01/2026 | 275,000 | 297,874 | |||
6.100%, 07/15/2027 | 548,000 | 631,135 | |||
Global Payments, Inc. | |||||
1.500%, 11/15/2024 | 801,000 | 782,055 | |||
2.150%, 01/15/2027 | 1,601,000 | 1,544,589 | |||
2.900%, 11/15/2031 | 1,067,000 | 1,017,377 | |||
HP, Inc. 2.200%, 06/17/2025 | 1,251,000 | 1,242,897 | |||
Intel Corp. | |||||
1.600%, 08/12/2028 | 549,000 | 520,139 | |||
2.000%, 08/12/2031 | 523,000 | 486,213 | |||
2.800%, 08/12/2041 | 1,406,000 | 1,265,834 | |||
3.050%, 08/12/2051 | 215,000 | 195,260 | |||
3.200%, 08/12/2061 | 437,000 | 385,587 | |||
KLA Corp. 3.300%, 03/01/2050 | 853,000 | 805,709 | |||
NXP BV | |||||
3.250%, 05/11/2041 (D) | 589,000 | 539,502 | |||
3.875%, 06/18/2026 (D) | 696,000 | 728,168 | |||
Oracle Corp. | |||||
3.650%, 03/25/2041 | 559,000 | 506,629 | |||
3.950%, 03/25/2051 | 1,189,000 | 1,089,173 | |||
Texas Instruments, Inc. 1.125%, 09/15/2026 | 539,000 | 519,675 | |||
VMware, Inc. | |||||
0.600%, 08/15/2023 | 2,671,000 | 2,622,481 | |||
1.000%, 08/15/2024 | 1,871,000 | 1,816,875 | |||
1.400%, 08/15/2026 | 2,138,000 | 2,026,385 | |||
1.800%, 08/15/2028 | 1,175,000 | 1,086,372 | |||
3.900%, 08/21/2027 | 216,000 | 225,642 |
The accompanying notes are an integral part of the financial statements. | 19 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Information technology (continued) | |||||
VMware, Inc. (continued) | |||||
4.700%, 05/15/2030 | $ | 1,081,000 | $ | 1,186,998 | |
41,392,838 | |||||
Materials – 0.5% | |||||
Ecolab, Inc. 2.700%, 12/15/2051 | 589,000 | 513,956 | |||
LYB International Finance III LLC | |||||
3.375%, 10/01/2040 | 1,612,000 | 1,508,666 | |||
3.625%, 04/01/2051 | 1,065,000 | 1,005,704 | |||
Teck Resources, Ltd. | |||||
5.200%, 03/01/2042 | 636,000 | 685,578 | |||
6.125%, 10/01/2035 | 550,000 | 671,944 | |||
6.250%, 07/15/2041 | 619,000 | 748,055 | |||
The Dow Chemical Company 3.600%, 11/15/2050 | 1,078,000 | 1,030,904 | |||
Westlake Corp. | |||||
3.125%, 08/15/2051 | 797,000 | 683,384 | |||
3.375%, 08/15/2061 | 506,000 | 420,970 | |||
3.600%, 08/15/2026 | 589,000 | 611,732 | |||
7,880,893 | |||||
Real estate – 1.3% | |||||
Agree LP | |||||
2.000%, 06/15/2028 | 1,175,000 | 1,105,953 | |||
2.600%, 06/15/2033 | 267,000 | 245,908 | |||
American Campus Communities Operating Partnership LP 2.250%, 01/15/2029 | 809,000 | 761,148 | |||
Brixmor Operating Partnership LP | |||||
2.250%, 04/01/2028 | 377,000 | 358,998 | |||
2.500%, 08/16/2031 | 652,000 | 602,656 | |||
Crown Castle International Corp. | |||||
1.050%, 07/15/2026 | 1,615,000 | 1,504,528 | |||
2.100%, 04/01/2031 | 1,111,000 | 1,000,468 | |||
2.900%, 04/01/2041 | 754,000 | 647,377 | |||
4.000%, 03/01/2027 | 270,000 | 281,486 | |||
Essex Portfolio LP | |||||
1.700%, 03/01/2028 | 1,411,000 | 1,328,426 | |||
2.550%, 06/15/2031 | 556,000 | 529,082 | |||
Extra Space Storage LP 2.350%, 03/15/2032 | 484,000 | 446,004 | |||
Federal Realty Investment Trust 3.950%, 01/15/2024 | 746,000 | 767,733 | |||
GLP Capital LP 5.300%, 01/15/2029 | 545,000 | 592,484 | |||
Kilroy Realty LP 2.650%, 11/15/2033 | 410,000 | 373,221 | |||
Mid-America Apartments LP | |||||
3.950%, 03/15/2029 | 542,000 | 580,037 | |||
4.000%, 11/15/2025 | 660,000 | 693,038 | |||
4.300%, 10/15/2023 | 553,000 | 568,107 | |||
Realty Income Corp. | |||||
2.200%, 06/15/2028 | 578,000 | 560,168 | |||
2.850%, 12/15/2032 | 781,000 | 759,496 | |||
3.400%, 01/15/2028 | 572,000 | 588,886 | |||
Regency Centers LP 2.950%, 09/15/2029 | 1,172,000 | 1,160,778 | |||
Rexford Industrial Realty LP 2.150%, 09/01/2031 | 597,000 | 537,790 | |||
Spirit Realty LP | |||||
2.100%, 03/15/2028 | 1,073,000 | 1,010,245 | |||
3.400%, 01/15/2030 | 649,000 | 647,024 | |||
STORE Capital Corp. | |||||
2.700%, 12/01/2031 | 374,000 | 347,031 | |||
2.750%, 11/18/2030 | 955,000 | 901,445 | |||
4.500%, 03/15/2028 | 2,036,000 | 2,179,770 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Real estate (continued) | |||||
STORE Capital Corp. (continued) | |||||
4.625%, 03/15/2029 | $ | 688,000 | $ | 739,506 | |
Sun Communities Operating LP 2.300%, 11/01/2028 | 539,000 | 509,133 | |||
22,327,926 | |||||
Utilities – 2.3% | |||||
American Transmission Systems, Inc. 2.650%, 01/15/2032 (D) | 374,000 | 359,055 | |||
Baltimore Gas and Electric Company 2.250%, 06/15/2031 | 803,000 | 762,931 | |||
Centerpoint Energy Houston Electric LLC 3.600%, 03/01/2052 | 590,000 | 599,432 | |||
Consumers Energy Company | |||||
2.500%, 05/01/2060 | 457,000 | 353,100 | |||
2.650%, 08/15/2052 | 592,000 | 508,535 | |||
DTE Electric Company | |||||
2.950%, 03/01/2050 | 938,000 | 853,506 | |||
3.650%, 03/01/2052 | 429,000 | 444,658 | |||
DTE Energy Company | |||||
1.050%, 06/01/2025 | 564,000 | 538,766 | |||
2.950%, 03/01/2030 | 183,000 | 179,829 | |||
Duke Energy Carolinas LLC 2.550%, 04/15/2031 | 545,000 | 531,742 | |||
Duke Energy Corp. | |||||
2.550%, 06/15/2031 | 1,710,000 | 1,601,196 | |||
3.500%, 06/15/2051 | 322,000 | 295,696 | |||
Duke Energy Florida LLC 2.400%, 12/15/2031 | 801,000 | 763,202 | |||
Duke Energy Progress LLC 2.500%, 08/15/2050 | 809,000 | 667,625 | |||
Entergy Arkansas LLC 2.650%, 06/15/2051 | 721,000 | 599,185 | |||
Eversource Energy | |||||
1.400%, 08/15/2026 | 760,000 | 724,520 | |||
2.900%, 03/01/2027 | 1,074,000 | 1,080,814 | |||
3.375%, 03/01/2032 | 750,000 | 759,816 | |||
Florida Power & Light Company | |||||
2.450%, 02/03/2032 | 2,456,000 | 2,385,145 | |||
2.875%, 12/04/2051 | 194,000 | 176,546 | |||
Israel Electric Corp., Ltd. 3.750%, 02/22/2032 (D) | 490,000 | 485,163 | |||
ITC Holdings Corp. 2.700%, 11/15/2022 | 1,089,000 | 1,098,124 | |||
Jersey Central Power & Light Company 2.750%, 03/01/2032 (D) | 880,000 | 846,848 | |||
Metropolitan Edison Company 4.300%, 01/15/2029 (D) | 1,205,000 | 1,296,740 | |||
MidAmerican Energy Company 2.700%, 08/01/2052 | 696,000 | 601,348 | |||
Mississippi Power Company | |||||
3.100%, 07/30/2051 | 963,000 | 858,909 | |||
3.950%, 03/30/2028 | 960,000 | 1,011,332 | |||
4.250%, 03/15/2042 | 369,000 | 382,334 | |||
Northern States Power Company 3.200%, 04/01/2052 | 542,000 | 527,455 | |||
NSTAR Electric Company 3.100%, 06/01/2051 | 495,000 | 461,224 | |||
Oncor Electric Delivery Company LLC 2.700%, 11/15/2051 (D) | 516,000 | 438,757 | |||
Pacific Gas & Electric Company | |||||
2.100%, 08/01/2027 | 696,000 | 646,534 | |||
3.950%, 12/01/2047 | 1,238,000 | 1,078,479 | |||
4.200%, 06/01/2041 | 465,000 | 421,758 | |||
4.500%, 07/01/2040 | 275,000 | 259,115 | |||
4.750%, 02/15/2044 | 270,000 | 258,258 |
The accompanying notes are an integral part of the financial statements. | 20 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Utilities (continued) | |||||
Pacific Gas & Electric Company (continued) | |||||
4.950%, 07/01/2050 | $ | 1,084,000 | $ | 1,073,771 | |
PacifiCorp 2.900%, 06/15/2052 | 430,000 | 377,857 | |||
PECO Energy Company 2.850%, 09/15/2051 | 968,000 | 865,147 | |||
Pennsylvania Electric Company 3.250%, 03/15/2028 (D) | 781,000 | 783,098 | |||
Piedmont Natural Gas Company, Inc. 2.500%, 03/15/2031 | 809,000 | 770,095 | |||
Public Service Company of Oklahoma | |||||
2.200%, 08/15/2031 | 814,000 | 760,392 | |||
3.150%, 08/15/2051 | 542,000 | 490,354 | |||
Public Service Electric & Gas Company | |||||
1.900%, 08/15/2031 | 1,076,000 | 994,226 | |||
2.050%, 08/01/2050 | 223,000 | 169,881 | |||
2.700%, 05/01/2050 | 437,000 | 382,186 | |||
Public Service Enterprise Group, Inc. | |||||
1.600%, 08/15/2030 | 619,000 | 550,060 | |||
2.450%, 11/15/2031 | 981,000 | 929,720 | |||
Southern California Edison Company 4.125%, 03/01/2048 | 603,000 | 607,990 | |||
Southern Company Gas Capital Corp. 1.750%, 01/15/2031 | 847,000 | 751,140 | |||
The AES Corp. 1.375%, 01/15/2026 | 1,161,000 | 1,103,364 | |||
Trans-Allegheny Interstate Line Company 3.850%, 06/01/2025 (D) | 380,000 | 392,838 | |||
Virginia Electric and Power Company | |||||
2.450%, 12/15/2050 | 311,000 | 253,473 | |||
2.950%, 11/15/2051 | 804,000 | 725,681 | |||
WEC Energy Group, Inc. 0.800%, 03/15/2024 | 1,362,000 | 1,326,589 | |||
38,165,539 | |||||
TOTAL CORPORATE BONDS (Cost $497,061,365) | $ | 475,760,804 | |||
MUNICIPAL BONDS – 0.3% | |||||
Board of Regents of the University of Texas 2.439%, 08/15/2049 | 600,000 | 541,446 | |||
County of Clark Department of Aviation (Nevada) 6.820%, 07/01/2045 | 1,115,000 | 1,678,582 | |||
North Texas Tollway Authority 6.718%, 01/01/2049 | 459,000 | 716,965 | |||
Port Authority of New York & New Jersey 4.458%, 10/01/2062 | 1,010,000 | 1,211,065 | |||
The Ohio State University 4.800%, 06/01/2111 | 600,000 | 818,334 | |||
TOTAL MUNICIPAL BONDS (Cost $4,182,677) | $ | 4,966,392 | |||
COLLATERALIZED MORTGAGE OBLIGATIONS – 8.9% | |||||
Commercial and residential – 4.5% | |||||
3650R Commercial Mortgage Trust Series 2021-PF1, Class A5 2.522%, 11/15/2054 | 816,000 | 787,620 | |||
Angel Oak Mortgage Trust LLC | |||||
Series 2019-2, Class A1, 3.628%, 03/25/2049 (D)(F) | 162,683 | 162,663 | |||
Series 2020-2, Class A1A, 2.531%, 01/26/2065 (D)(F) | 344,549 | 344,834 | |||
Series 2020-5, Class A1, 1.373%, 05/25/2065 (D)(F) | 401,437 | 397,318 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
Commercial and residential (continued) | |||||
Angel Oak Mortgage Trust LLC (continued) | |||||
Series 2021-6, Class A1, 1.458%, 09/25/2066 (D)(F) | $ | 1,043,437 | $ | 1,012,510 | |
BANK Series 2022-BNK40, Class A4 3.506%, 03/15/2064 (C)(F) | 754,000 | 778,960 | |||
Barclays Commercial Mortgage Trust Series 2019-C3, Class A3 3.319%, 05/15/2052 | 188,000 | 193,015 | |||
BBCMS Mortgage Trust | |||||
Series 2018-C2, Class ASB, 4.236%, 12/15/2051 | 375,000 | 399,996 | |||
Series 2022-C14, Class A5, 2.946%, 02/15/2055 | 541,000 | 542,045 | |||
Benchmark Mortgage Trust Series 2022-B33, Class A5 3.458%, 03/15/2055 (C) | 1,018,000 | 1,062,394 | |||
BMO Mortgage Trust Series 2022-C1, Class A5 3.374%, 02/15/2055 | 432,000 | 446,352 | |||
Bunker Hill Loan Depositary Trust Series 2019-2, Class A1 2.879%, 07/25/2049 (D) | 1,031,839 | 1,029,917 | |||
BX Commercial Mortgage Trust | |||||
Series 2021-VOLT, Class A (1 month LIBOR + 0.700%), 0.891%, 09/15/2036 (B)(D) | 3,519,000 | 3,417,508 | |||
Series 2021-XL2, Class A (1 month LIBOR + 0.689%), 0.880%, 10/15/2038 (B)(D) | 1,748,000 | 1,710,891 | |||
CFCRE Commercial Mortgage Trust Series 2017-C8, Class ASB 3.367%, 06/15/2050 | 536,000 | 548,899 | |||
COLT Mortgage Loan Trust | |||||
Series 2021-2, Class A1, 0.924%, 08/25/2066 (D)(F) | 1,326,234 | 1,279,445 | |||
Series 2021-4, Class A1, 1.397%, 10/25/2066 (D)(F) | 1,410,619 | 1,364,463 | |||
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) | |||||
Series 2012-CR3, Class A3, 2.822%, 10/15/2045 | 737,279 | 737,334 | |||
Series 2013-CR10, Class A4, 4.210%, 08/10/2046 (F) | 45,000 | 46,113 | |||
Series 2013-CR11, Class A4, 4.258%, 08/10/2050 | 3,182,000 | 3,276,176 | |||
Series 2013-CR6, Class A4, 3.101%, 03/10/2046 | 2,628,000 | 2,638,906 | |||
Series 2014-UBS4, Class A4, 3.420%, 08/10/2047 | 1,279,000 | 1,290,727 | |||
Series 2015-LC23, Class A3, 3.521%, 10/10/2048 | 649,000 | 665,308 | |||
CSAIL Commercial Mortgage Trust | |||||
Series 2015-C2, Class A4, 3.504%, 06/15/2057 | 368,000 | 376,493 | |||
Series 2021-C20, Class A3, 2.805%, 03/15/2054 | 408,000 | 400,963 | |||
EQUS Mortgage Trust Series 2021-EQAZ, Class A (1 month LIBOR + 0.755%) 0.946%, 10/15/2038 (B)(D) | 1,388,000 | 1,360,194 |
The accompanying notes are an integral part of the financial statements. | 21 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
Commercial and residential (continued) | |||||
GS Mortgage Securities Trust | |||||
Series 2013-GC14, Class A5, 4.243%, 08/10/2046 | $ | 718,000 | $ | 735,633 | |
Series 2014-GC18, Class A4, 4.074%, 01/10/2047 | 1,530,000 | 1,574,395 | |||
Series 2020-GC47, Class A5, 2.377%, 05/12/2053 | 693,000 | 666,777 | |||
Series 2020-GSA2, Class A4, 1.721%, 12/12/2053 | 1,337,000 | 1,235,599 | |||
Series 2021-GSA3, Class A5, 2.618%, 12/15/2054 | 1,142,000 | 1,108,982 | |||
Impact Funding Affordable Multifamily Housing Mortgage Loan Trust Series 2010-1, Class A1 5.314%, 01/25/2051 (D) | 1,842,503 | 1,874,041 | |||
JPMBB Commercial Mortgage Securities Trust | |||||
Series 2013-C12, Class A5, 3.664%, 07/15/2045 | 1,055,000 | 1,071,032 | |||
Series 2014-C23, Class A4, 3.670%, 09/15/2047 | 544,163 | 553,974 | |||
Series 2015-C28, Class A3, 2.912%, 10/15/2048 | 2,868,003 | 2,880,383 | |||
Series 2013-C17, Class A4, 4.199%, 01/15/2047 | 353,000 | 363,361 | |||
JPMorgan Chase Commercial Mortgage Securities Trust | |||||
Series 2013-C16, Class A4, 4.166%, 12/15/2046 | 1,578,000 | 1,619,680 | |||
Series 2016-JP4, Class A3, 3.393%, 12/15/2049 | 346,000 | 350,693 | |||
Med Trust Series 2021-MDLN, Class A (1 month LIBOR + 0.950%) 1.142%, 11/15/2038 (B)(D) | 2,236,000 | 2,202,411 | |||
Mello Warehouse Securitization Trust | |||||
Series 2021-1, Class A (1 month LIBOR + 0.700%), 0.808%, 02/25/2055 (B)(D) | 820,000 | 812,731 | |||
Series 2021-2, Class A (1 month LIBOR + 0.750%), 0.858%, 04/25/2055 (B)(D) | 2,244,000 | 2,224,934 | |||
MFA Trust Series 2021-NQM2, Class A1 1.029%, 11/25/2064 (D)(F) | 692,851 | 675,064 | |||
Morgan Stanley Bank of America Merrill Lynch Trust Series 2015-C20, Class A4 3.249%, 02/15/2048 | 256,000 | 261,280 | |||
Morgan Stanley Capital Trust Series 2020-HR8, Class A3 1.790%, 07/15/2053 | 982,000 | 906,391 | |||
New Residential Mortgage Loan Trust Series 2019-NQM4, Class A1 2.492%, 09/25/2059 (D)(F) | 532,830 | 533,439 | |||
NewRez Warehouse Securitization Trust Series 2021-1, Class A (1 month LIBOR + 0.750%) 0.858%, 05/25/2055 (B)(D) | 3,312,000 | 3,290,016 | |||
Starwood Mortgage Residential Trust | |||||
Series 2020-1, Class A1, 2.275%, 02/25/2050 (D)(F) | 785,576 | 781,784 | |||
Series 2020-3, Class A1, 1.486%, 04/25/2065 (D)(F) | 988,350 | 981,064 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
Commercial and residential (continued) | |||||
Starwood Mortgage Residential Trust (continued) | |||||
Series 2020-INV1, Class A1, 1.027%, 11/25/2055 (D)(F) | $ | 819,661 | $ | 808,901 | |
Series 2021-1, Class A1, 1.219%, 05/25/2065 (D)(F) | 1,137,603 | 1,127,915 | |||
Series 2021-4, Class A1, 1.162%, 08/25/2056 (D)(F) | 1,473,405 | 1,437,943 | |||
UBS-Barclays Commercial Mortgage Trust Series 2012-C4, Class A4 2.792%, 12/10/2045 | 1,071,000 | 1,072,184 | |||
Verus Securitization Trust | |||||
Series 2019-3, Class A1, 2.784%, 07/25/2059 (D) | 806,725 | 808,674 | |||
Series 2019-INV2, Class A1, 2.913%, 07/25/2059 (D)(F) | 660,858 | 663,103 | |||
Series 2019-INV3, Class A1, 2.692%, 11/25/2059 (D)(F) | 957,236 | 959,059 | |||
Series 2020-1, Class A1, 2.417%, 01/25/2060 (D) | 228,651 | 228,427 | |||
Series 2020-2, Class A1, 2.226%, 05/25/2060 (D)(F) | 735,225 | 730,708 | |||
Series 2020-5, Class A1, 1.218%, 05/25/2065 (D) | 395,476 | 389,640 | |||
Series 2021-1, Class A1, 0.815%, 01/25/2066 (D)(F) | 1,348,179 | 1,318,860 | |||
Series 2021-3, Class A1, 1.046%, 06/25/2066 (D)(F) | 1,098,998 | 1,070,095 | |||
Series 2021-4, Class A1, 0.938%, 07/25/2066 (D)(F) | 1,209,773 | 1,158,363 | |||
Series 2021-5, Class A1, 1.013%, 09/25/2066 (D)(F) | 4,557,934 | 4,359,081 | |||
Series 2021-7, Class A1, 1.829%, 10/25/2066 (D)(F) | 1,823,869 | 1,779,178 | |||
Series 2021-8, Class A1, 1.824%, 11/25/2066 (D)(F) | 1,313,116 | 1,280,358 | |||
Series 2021-R1, Class A1, 0.820%, 10/25/2063 (D)(F) | 1,403,250 | 1,390,411 | |||
Series 2021-R3, Class A1, 1.020%, 04/25/2064 (D)(F) | 863,026 | 853,252 | |||
Visio Trust Series 2020-1R, Class A1 1.312%, 11/25/2055 (D) | 962,387 | 948,817 | |||
75,359,677 | |||||
U.S. Government Agency – 4.4% | |||||
Federal Home Loan Mortgage Corp. | |||||
Series 264, Class 30, 3.000%, 07/15/2042 | 2,026,230 | 2,051,489 | |||
Series 4205, Class PA, 1.750%, 05/15/2043 | 983,993 | 971,581 | |||
Series 4426, Class QC, 1.750%, 07/15/2037 | 1,655,949 | 1,639,362 | |||
Series 4705, Class A, 4.500%, 09/15/2042 | 88,089 | 88,629 | |||
Series 4742, Class PA, 3.000%, 10/15/2047 | 1,497,476 | 1,532,437 | |||
Series 4763, Class CA, 3.000%, 09/15/2038 | 327,514 | 335,575 | |||
Series 4767, Class KA, 3.000%, 03/15/2048 | 534,546 | 547,799 | |||
Series 4846, Class PF (1 month LIBOR + 0.350%), 0.541%, 12/15/2048 (B) | 271,780 | 270,095 |
The accompanying notes are an integral part of the financial statements. | 22 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal Home Loan Mortgage Corp. (continued) | |||||
Series 4880, Class DA, 3.000%, 05/15/2050 | $ | 2,152,738 | $ | 2,218,881 | |
Series 5091, Class AB, 1.500%, 03/25/2051 | 3,245,296 | 3,146,482 | |||
Series 5119, Class AB, 1.500%, 08/25/2049 | 707,199 | 674,978 | |||
Federal National Mortgage Association | |||||
Series 1998-61, Class PL, 6.000%, 11/25/2028 | 147,632 | 160,734 | |||
Series 2012-151, Class NX, 1.500%, 01/25/2043 | 944,537 | 912,051 | |||
Series 2013-11, Class AP, 1.500%, 01/25/2043 | 3,901,283 | 3,801,046 | |||
Series 2013-43, Class BP, 1.750%, 05/25/2043 | 1,287,401 | 1,268,703 | |||
Series 2014-73, Class MA, 2.500%, 11/25/2044 | 785,543 | 781,093 | |||
Series 2015-84, Class PA, 1.700%, 08/25/2033 | 4,349,190 | 4,320,212 | |||
Series 2016-48, Class MA, 2.000%, 06/25/2038 | 4,012,197 | 4,008,577 | |||
Series 2016-57, Class PC, 1.750%, 06/25/2046 | 7,555,268 | 7,250,011 | |||
Series 2017-13, Class PA, 3.000%, 08/25/2046 | 971,722 | 982,203 | |||
Series 2017-M7, Class A2, 2.961%, 02/25/2027 (F) | 554,674 | 571,089 | |||
Series 2018-14, Class KC, 3.000%, 03/25/2048 | 1,509,094 | 1,545,369 | |||
Series 2018-15, Class AB, 3.000%, 03/25/2048 | 437,781 | 451,265 | |||
Series 2018-8, Class KL, 2.500%, 03/25/2047 | 980,370 | 979,605 | |||
Series 2019-25, Class PA, 3.000%, 05/25/2048 | 2,972,265 | 3,048,818 | |||
Series 2019-8, Class GA, 3.000%, 03/25/2049 | 4,390,574 | 4,503,230 | |||
Series 2020-48, Class AB, 2.000%, 07/25/2050 | 1,605,778 | 1,587,883 | |||
Series 2020-48, Class DA, 2.000%, 07/25/2050 | 4,770,816 | 4,719,827 | |||
Series 2021-27, Class EC, 1.500%, 05/25/2051 | 5,270,382 | 5,057,509 | |||
Series 2021-78, Class ND, 1.500%, 11/25/2051 | 2,238,573 | 2,196,770 | |||
Series 414, Class A35, 3.500%, 10/25/2042 | 1,077,265 | 1,143,191 | |||
Government National Mortgage Association | |||||
Series 2012-141, Class WA, 4.531%, 11/16/2041 (F) | 322,771 | 347,674 | |||
Series 2017-167, Class BQ, 2.500%, 08/20/2044 | 1,015,172 | 1,024,435 | |||
Series 2018-11, Class PC, 2.750%, 12/20/2047 | 1,639,208 | 1,672,320 | |||
Series 2019-132, Class NA, 3.500%, 09/20/2049 | 1,692,749 | 1,749,841 | |||
Series 2019-31, Class JC, 3.500%, 03/20/2049 | 950,663 | 985,846 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Government National Mortgage Association (continued) | |||||
Series 2021-23, Class MG, 1.500%, 02/20/2051 | $ | 4,273,099 | $ | 4,177,946 | |
72,724,556 | |||||
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $150,503,215) | $ | 148,084,233 | |||
ASSET BACKED SECURITIES – 6.8% | |||||
AmeriCredit Automobile Receivables Trust Series 2020-2, Class A2A 0.600%, 12/18/2023 | 1,048 | 1,048 | |||
Avis Budget Rental Car Funding AESOP LLC | |||||
Series 2019-3A, Class A 2.360%, 03/20/2026 (D) | 1,054,000 | 1,053,342 | |||
Series 2020-1A, Class A 2.330%, 08/20/2026 (D) | 869,000 | 869,416 | |||
Series 2021-2A, Class A 1.660%, 02/20/2028 (D) | 2,483,000 | 2,406,462 | |||
Capital One Multi-Asset Execution Trust Series 2021-A2, Class A2 1.390%, 07/15/2030 | 1,746,000 | 1,655,840 | |||
College Ave Student Loans LLC | |||||
Series 2017-A, Class A1 (1 month LIBOR + 1.650%) 1.758%, 11/26/2046 (B)(D) | 615,622 | 621,887 | |||
Series 2018-A, Class A2 4.130%, 12/26/2047 (D) | 772,813 | 781,840 | |||
Series 2019-A, Class A2 3.280%, 12/28/2048 (D) | 827,865 | 837,686 | |||
Series 2021-A, Class A2 1.600%, 07/25/2051 (D) | 1,094,376 | 1,042,138 | |||
Ford Credit Auto Owner Trust Series 2018-1, Class A 3.190%, 07/15/2031 (D) | 772,000 | 792,052 | |||
Hertz Vehicle Financing III LLC Series 2022-1A, Class A 1.990%, 06/25/2026 (D) | 2,942,000 | 2,903,394 | |||
Hertz Vehicle Financing III LP Series 2021-2A, Class A 1.680%, 12/27/2027 (D) | 2,145,000 | 2,055,847 | |||
Hertz Vehicle Financing LLC Series 2022-2A, Class A 2.330%, 06/26/2028 (D) | 2,613,000 | 2,580,703 | |||
Hyundai Auto Receivables Trust Series 2021-C, Class A4 1.030%, 12/15/2027 | 963,000 | 928,525 | |||
Navient Private Education Loan Trust | |||||
Series 2014-AA, Class A3 (1 month LIBOR + 1.600%) 1.791%, 10/15/2031 (B)(D) | 739,000 | 744,879 | |||
Series 2016-AA, Class A2B (1 month LIBOR + 2.150%) 2.341%, 12/15/2045 (B)(D) | 244,271 | 249,421 | |||
Series 2020-IA, Class A1A 1.330%, 04/15/2069 (D) | 3,421,881 | 3,306,638 | |||
Navient Private Education Refi Loan Trust | |||||
Series 2018-A, Class A2 3.190%, 02/18/2042 (D) | 703,421 | 707,485 | |||
Series 2018-DA, Class A2A 4.000%, 12/15/2059 (D) | 977,144 | 1,016,239 | |||
Series 2019-CA, Class A2 3.130%, 02/15/2068 (D) | 2,055,470 | 2,071,355 |
The accompanying notes are an integral part of the financial statements. | 23 |
Shares or Principal Amount | Value | ||||
ASSET BACKED SECURITIES (continued) | |||||
Navient Private Education Refi Loan Trust (continued) | |||||
Series 2019-D, Class A2A 3.010%, 12/15/2059 (D) | $ | 2,521,608 | $ | 2,567,557 | |
Series 2019-FA, Class A2 2.600%, 08/15/2068 (D) | 1,407,952 | 1,409,943 | |||
Series 2019-GA, Class A 2.400%, 10/15/2068 (D) | 706,478 | 707,327 | |||
Series 2020-BA, Class A2 2.120%, 01/15/2069 (D) | 663,495 | 659,886 | |||
Series 2020-DA, Class A 1.690%, 05/15/2069 (D) | 624,158 | 618,524 | |||
Series 2020-EA, Class A 1.690%, 05/15/2069 (D) | 184,209 | 182,113 | |||
Series 2020-GA, Class A 1.170%, 09/16/2069 (D) | 68,363 | 67,478 | |||
Series 2020-HA, Class A 1.310%, 01/15/2069 (D) | 1,014,880 | 994,337 | |||
Series 2021-A, Class A 0.840%, 05/15/2069 (D) | 691,297 | 671,540 | |||
Series 2021-BA, Class A 0.940%, 07/15/2069 (D) | 546,817 | 528,894 | |||
Series 2021-CA, Class A 1.060%, 10/15/2069 (D) | 144,205 | 139,666 | |||
Series 2021-EA, Class A 0.970%, 12/16/2069 (D) | 3,678,110 | 3,543,986 | |||
Series 2021-FA, Class A 1.110%, 02/18/2070 (D) | 4,200,211 | 4,007,803 | |||
Series 2021-GA, Class A 1.580%, 04/15/2070 (D) | 1,275,624 | 1,242,258 | |||
Series 2022-A, Class A 2.230%, 07/15/2070 (D) | 4,907,000 | 4,864,202 | |||
Navient Student Loan Trust | |||||
Series 2019-BA, Class A2A 3.390%, 12/15/2059 (D) | 1,597,875 | 1,634,185 | |||
Series 2021-3A, Class A1A 1.770%, 08/25/2070 (D) | 2,116,965 | 2,062,316 | |||
Nelnet Student Loan Trust | |||||
Series 2004-3, Class A5 (3 month LIBOR + 0.180%) 0.438%, 10/27/2036 (B) | 220,997 | 216,525 | |||
Series 2004-4, Class A5 (3 month LIBOR + 0.160%) 0.418%, 01/25/2037 (B) | 1,386,569 | 1,381,737 | |||
Series 2005-1, Class A5 (3 month LIBOR + 0.110%) 0.368%, 10/25/2033 (B) | 3,937,476 | 3,922,005 | |||
Series 2005-2, Class A5 (3 month LIBOR + 0.100%) 0.314%, 03/23/2037 (B) | 4,117,406 | 4,028,762 | |||
Series 2005-3, Class A5 (3 month LIBOR + 0.120%) 0.334%, 12/24/2035 (B) | 3,004,166 | 2,990,259 | |||
Series 2005-4, Class A4 (3 month LIBOR + 0.180%) 0.394%, 03/22/2032 (B) | 505,425 | 487,909 | |||
Santander Drive Auto Receivables Trust Series 2020-4, Class A3 0.480%, 07/15/2024 | 298,961 | 298,933 | |||
SLM Student Loan Trust | |||||
Series 2003-1, Class A5C (3 month LIBOR + 0.750%) 0.953%, 12/15/2032 (B)(D) | 755,702 | 748,061 | |||
Series 2007-2, Class A4 (3 month LIBOR + 0.060%) 0.318%, 07/25/2022 (B) | 3,657,903 | 3,643,910 |
Shares or Principal Amount | Value | ||||
ASSET BACKED SECURITIES (continued) | |||||
SLM Student Loan Trust (continued) | |||||
Series 2010-1, Class A (1 month LIBOR + 0.400%) 0.508%, 03/25/2025 (B) | $ | 291,611 | $ | 289,640 | |
Series 2013-4, Class A (1 month LIBOR + 0.550%) 0.658%, 06/25/2043 (B) | 3,698,521 | 3,652,164 | |||
SMB Private Education Loan Trust | |||||
Series 2016-B, Class A2A 2.430%, 02/17/2032 (D) | 199,545 | 199,666 | |||
Series 2016-B, Class A2B (1 month LIBOR + 1.450%) 1.641%, 02/17/2032 (B)(D) | 135,961 | 136,803 | |||
Series 2018-C, Class A2A 3.630%, 11/15/2035 (D) | 790,828 | 807,473 | |||
Series 2019-A, Class A2A 3.440%, 07/15/2036 (D) | 4,695,774 | 4,812,645 | |||
Series 2020-B, Class A1A 1.290%, 07/15/2053 (D) | 1,749,840 | 1,709,711 | |||
Series 2020-PTA, Class A2A 1.600%, 09/15/2054 (D) | 1,837,126 | 1,788,089 | |||
Series 2020-PTB, Class A2A 1.600%, 09/15/2054 (D) | 5,519,994 | 5,415,366 | |||
Series 2021-A, Class APT1 1.070%, 01/15/2053 (D) | 4,428,698 | 4,155,743 | |||
Series 2021-B, Class A 1.310%, 07/17/2051 (D) | 2,424,689 | 2,364,791 | |||
Series 2021-C, Class A2 (1 month LIBOR + 0.800%) 0.991%, 01/15/2053 (B)(D) | 2,226,000 | 2,219,954 | |||
Series 2021-D, Class A1A 1.340%, 03/17/2053 (D) | 3,666,422 | 3,554,027 | |||
Series 2021-E, Class A1A 1.680%, 02/15/2051 (D) | 2,530,449 | 2,491,669 | |||
SoFi Professional Loan Program LLC | |||||
Series 2017-C, Class A1 (1 month LIBOR + 0.600%) 0.708%, 07/25/2040 (B)(D) | 69,214 | 69,124 | |||
Series 2017-D, Class A2FX 2.650%, 09/25/2040 (D) | 372,615 | 374,255 | |||
Series 2017-E, Class A1 (1 month LIBOR + 0.500%) 0.608%, 11/26/2040 (B)(D) | 7,722 | 7,721 | |||
Series 2017-E, Class A2B 2.720%, 11/26/2040 (D) | 773,656 | 777,472 | |||
Series 2018-A, Class A2B 2.950%, 02/25/2042 (D) | 304,004 | 304,926 | |||
Series 2018-B, Class A2FX 3.340%, 08/25/2047 (D) | 2,579,338 | 2,602,784 | |||
Series 2020-C, Class AFX 1.950%, 02/15/2046 (D) | 1,632,779 | 1,618,881 | |||
Series 2021-A, Class AFX 1.030%, 08/17/2043 (D) | 689,035 | 665,298 | |||
Series 2021-B, Class AFX 1.140%, 02/15/2047 (D) | 1,505,905 | 1,451,468 | |||
Toyota Auto Loan Extended Note Trust Series 2021-1A, Class A 1.070%, 02/27/2034 (D) | 887,000 | 850,064 | |||
Triton Container Finance VIII LLC Series 2020-1A, Class A 2.110%, 09/20/2045 (D) | 1,053,741 | 1,020,205 | |||
Verizon Master Trust Series 2022-2, Class A 1.530%, 07/20/2028 | 1,023,000 | 1,013,381 | |||
TOTAL ASSET BACKED SECURITIES (Cost $116,230,644) | $ | 114,599,633 |
The accompanying notes are an integral part of the financial statements. | 24 |
Shares or Principal Amount | Value | ||||
SHORT-TERM INVESTMENTS – 7.0% | |||||
Short-term funds – 7.0% | |||||
John Hancock Collateral Trust, 0.0896% (G)(H) | 100,734 | $ | 1,007,490 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0265% (G) | 115,554,259 | 115,554,259 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $116,561,759) | $ | 116,561,749 | |||
Total Investments (Core Bond Fund) (Cost $1,908,005,936) – 111.6% | $ | 1,862,942,401 | |||
Other assets and liabilities, net – (11.6%) | (193,793,407) | ||||
TOTAL NET ASSETS – 100.0% | $ | 1,669,148,994 |
Security Abbreviations and Legend | |
CME | Chicago Mercantile Exchange |
CMT | Constant Maturity Treasury |
LIBOR | London Interbank Offered Rate |
SOFR | Secured Overnight Financing Rate |
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
(A) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
(B) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(C) | Security purchased or sold on a when-issued or delayed delivery basis. |
(D) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $227,869,602 or 13.7% of the fund's net assets as of 2-28-22. |
(E) | All or a portion of this security is on loan as of 2-28-22. |
(F) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(G) | The rate shown is the annualized seven-day yield as of 2-28-22. |
(H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 98.9% | |||||
Consumer discretionary – 0.5% | |||||
Specialty retail – 0.5% | |||||
Warby Parker, Inc., Class A (A) | 54,760 | $ | 1,638,967 | ||
Financials – 0.3% | |||||
Capital markets – 0.3% | |||||
BCLS Acquisition Corp., Class A (A) | 21,428 | 210,852 | |||
Dynamics Special Purpose Corp., Class A (A) | 26,772 | 264,775 | |||
Health Sciences Acquisitions Corp. 2 (A) | 19,166 | 189,360 | |||
Helix Acquisition Corp., Class A (A) | 17,736 | 176,473 | |||
841,460 | |||||
Health care – 97.7% | |||||
Biotechnology – 27.3% | |||||
Aadi Bioscience, Inc. (A) | 12,686 | 220,990 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Biotechnology (continued) | |||||
AbbVie, Inc. | 54,279 | $ | 8,020,808 | ||
Abcam PLC (A) | 33,630 | 562,512 | |||
ACADIA Pharmaceuticals, Inc. (A) | 26,159 | 664,700 | |||
Adagio Therapeutics, Inc. (A) | 23,851 | 159,563 | |||
ADC Therapeutics SA (A) | 30,034 | 501,568 | |||
Agios Pharmaceuticals, Inc. (A) | 13,590 | 423,057 | |||
Akero Therapeutics, Inc. (A) | 5,922 | 104,997 | |||
Alector, Inc. (A) | 15,178 | 240,420 | |||
Alkermes PLC (A) | 2,930 | 72,840 | |||
Allakos, Inc. (A) | 21,130 | 118,117 | |||
Allogene Therapeutics, Inc. (A) | 28,455 | 260,363 | |||
Alnylam Pharmaceuticals, Inc. (A) | 28,368 | 4,477,889 | |||
Amgen, Inc. | 13,031 | 2,951,261 | |||
Annexon, Inc. (A) | 20,135 | 97,755 | |||
Apellis Pharmaceuticals, Inc. (A) | 31,731 | 1,349,519 | |||
Arcutis Biotherapeutics, Inc. (A) | 7,827 | 139,321 | |||
Argenx SE, ADR (A) | 19,212 | 5,527,485 | |||
Ascendis Pharma A/S, ADR (A) | 17,992 | 2,022,121 | |||
Avidity Biosciences, Inc. (A) | 32,197 | 546,061 | |||
BeiGene, Ltd., ADR (A) | 5,403 | 1,137,440 | |||
Bicycle Therapeutics PLC, ADR (A) | 8,967 | 425,933 | |||
BioCryst Pharmaceuticals, Inc. (A) | 10,600 | 176,066 | |||
Biogen, Inc. (A) | 7,512 | 1,585,107 | |||
BioMarin Pharmaceutical, Inc. (A) | 7,082 | 553,246 | |||
BioNTech SE, ADR (A) | 26,148 | 3,943,380 | |||
Blueprint Medicines Corp. (A) | 17,034 | 1,031,409 | |||
Burning Rock Biotech, Ltd., ADR (A) | 11,762 | 99,154 | |||
C4 Therapeutics, Inc. (A) | 28,812 | 646,253 | |||
Celldex Therapeutics, Inc. (A) | 20,293 | 606,761 | |||
Centessa Pharmaceuticals PLC, ADR (A) | 25,333 | 225,970 | |||
Cerevel Therapeutics Holdings, Inc. (A) | 41,492 | 1,098,293 | |||
CRISPR Therapeutics AG (A) | 6,268 | 384,667 | |||
CureVac NV (A) | 11,788 | 198,274 | |||
Cytokinetics, Inc. (A) | 8,863 | 313,041 | |||
Day One Biopharmaceuticals, Inc. (A) | 15,730 | 214,872 | |||
Denali Therapeutics, Inc. (A) | 32,900 | 1,071,224 | |||
Design Therapeutics, Inc. (A) | 16,545 | 224,516 | |||
Enanta Pharmaceuticals, Inc. (A) | 4,355 | 306,679 | |||
Entrada Therapeutics, Inc. (A) | 20,271 | 245,887 | |||
EQRx, Inc. (A) | 51,224 | 154,696 | |||
Exact Sciences Corp. (A) | 28,673 | 2,238,214 | |||
Exelixis, Inc. (A) | 88,965 | 1,826,451 | |||
Exscientia PLC, ADR (A) | 6,334 | 107,235 | |||
Fate Therapeutics, Inc. (A) | 26,615 | 919,548 | |||
F-star Therapeutics, Inc. (A) | 18,217 | 55,562 | |||
Generation Bio Company (A) | 45,593 | 233,436 | |||
Genmab A/S (A) | 4,955 | 1,665,357 | |||
Ginkgo Bioworks Holdings, Inc. (A) | 91,101 | 409,955 | |||
Global Blood Therapeutics, Inc. (A) | 5,467 | 165,103 | |||
Ideaya Biosciences, Inc. (A) | 23,216 | 306,451 | |||
IGM Biosciences, Inc. (A) | 11,067 | 184,598 | |||
Imago Biosciences, Inc. (A) | 15,649 | 368,534 | |||
Immuneering Corp., Class A (A) | 37,514 | 280,230 | |||
Immunocore Holdings PLC, ADR (A) | 7,878 | 174,104 | |||
Incyte Corp. (A) | 39,171 | 2,675,379 | |||
Insmed, Inc. (A) | 55,901 | 1,336,034 | |||
Intellia Therapeutics, Inc. (A) | 9,791 | 967,840 | |||
Ionis Pharmaceuticals, Inc. (A) | 32,899 | 1,098,169 | |||
Iovance Biotherapeutics, Inc. (A) | 44,757 | 701,342 | |||
IVERIC bio, Inc. (A) | 59,549 | 955,166 | |||
Karuna Therapeutics, Inc. (A) | 9,929 | 1,042,545 | |||
Kodiak Sciences, Inc. (A) | 13,270 | 114,653 | |||
Kronos Bio, Inc. (A) | 2,694 | 20,286 | |||
Kymera Therapeutics, Inc. (A) | 18,865 | 750,072 | |||
LianBio, ADR (A) | 36,500 | 167,900 |
The accompanying notes are an integral part of the financial statements. | 25 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Biotechnology (continued) | |||||
Lyell Immunopharma, Inc. (A) | 52,703 | $ | 381,570 | ||
MeiraGTx Holdings PLC (A) | 14,764 | 211,568 | |||
Mirati Therapeutics, Inc. (A) | 13,873 | 1,224,847 | |||
Moderna, Inc. (A) | 26,710 | 4,102,656 | |||
Monte Rosa Therapeutics, Inc. (A) | 35,064 | 502,818 | |||
Morphic Holding, Inc. (A) | 6,757 | 269,334 | |||
Neurocrine Biosciences, Inc. (A) | 8,327 | 748,347 | |||
Nurix Therapeutics, Inc. (A) | 19,138 | 309,461 | |||
Pardes Biosciences, Inc. (A) | 36,538 | 244,805 | |||
Prelude Therapeutics, Inc. (A) | 5,546 | 48,971 | |||
Progenics Pharmaceuticals, Inc. (A)(B) | 33,200 | 12,724 | |||
Protagonist Therapeutics, Inc. (A) | 8,104 | 196,765 | |||
Prothena Corp. PLC (A) | 21,380 | 739,748 | |||
PTC Therapeutics, Inc. (A) | 10,698 | 375,714 | |||
RAPT Therapeutics, Inc. (A) | 20,331 | 406,620 | |||
Recursion Pharmaceuticals, Inc., Class A (A) | 20,013 | 219,142 | |||
Regeneron Pharmaceuticals, Inc. (A) | 9,600 | 5,936,256 | |||
REGENXBIO, Inc. (A) | 7,346 | 192,539 | |||
Relay Therapeutics, Inc. (A) | 26,510 | 639,156 | |||
Repare Therapeutics, Inc. (A) | 7,018 | 112,779 | |||
Replimune Group, Inc. (A) | 29,861 | 478,970 | |||
Revolution Healthcare Acquisition Corp. (A) | 46,061 | 450,477 | |||
REVOLUTION Medicines, Inc. (A) | 22,663 | 428,784 | |||
Rocket Pharmaceuticals, Inc. (A) | 13,966 | 248,734 | |||
Rubius Therapeutics, Inc. (A) | 22,245 | 111,003 | |||
Sage Therapeutics, Inc. (A) | 16,703 | 607,488 | |||
Sana Biotechnology, Inc. (A) | 9,627 | 62,190 | |||
Sarepta Therapeutics, Inc. (A) | 10,736 | 822,485 | |||
Scholar Rock Holding Corp. (A) | 26,749 | 465,433 | |||
Seagen, Inc. (A) | 21,970 | 2,831,274 | |||
SpringWorks Therapeutics, Inc. (A) | 6,643 | 375,927 | |||
Stoke Therapeutics, Inc. (A) | 11,180 | 218,010 | |||
Tenaya Therapeutics, Inc. (A) | 22,221 | 259,097 | |||
Turning Point Therapeutics, Inc. (A) | 14,256 | 451,345 | |||
Twist Bioscience Corp. (A) | 10,043 | 561,805 | |||
Ultragenyx Pharmaceutical, Inc. (A) | 35,192 | 2,369,125 | |||
uniQure NV (A) | 9,702 | 164,837 | |||
Vertex Pharmaceuticals, Inc. (A) | 29,443 | 6,772,479 | |||
Vir Biotechnology, Inc. (A) | 9,500 | 239,305 | |||
Xencor, Inc. (A) | 21,938 | 686,879 | |||
Zai Lab, Ltd., ADR (A) | 11,217 | 613,570 | |||
Zentalis Pharmaceuticals, Inc. (A) | 26,508 | 1,322,484 | |||
99,285,900 | |||||
Health care equipment and supplies – 17.4% | |||||
Alcon, Inc. | 12,637 | 976,304 | |||
Align Technology, Inc. (A) | 1,239 | 633,699 | |||
AtriCure, Inc. (A) | 7,215 | 501,082 | |||
Becton, Dickinson and Company | 28,416 | 7,708,692 | |||
DexCom, Inc. (A) | 5,830 | 2,413,095 | |||
Hologic, Inc. (A) | 69,752 | 4,964,250 | |||
Inari Medical, Inc. (A) | 5,214 | 458,728 | |||
Insulet Corp. (A) | 8,104 | 2,145,048 | |||
Intuitive Surgical, Inc. (A) | 43,590 | 12,655,485 | |||
iRhythm Technologies, Inc. (A) | 9,961 | 1,287,658 | |||
Lantheus Holdings, Inc. (A) | 19,081 | 912,453 | |||
Masimo Corp. (A) | 1,200 | 188,940 | |||
Nevro Corp. (A) | 5,973 | 428,264 | |||
Novocure, Ltd. (A) | 23,554 | 1,928,130 | |||
Ortho Clinical Diagnostics Holdings PLC (A) | 82,355 | 1,456,860 | |||
Outset Medical, Inc. (A) | 13,971 | 614,305 | |||
Penumbra, Inc. (A) | 11,655 | 2,584,380 | |||
PROCEPT BioRobotics Corp. (A) | 11,607 | 289,943 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Health care equipment and supplies (continued) | |||||
Quidel Corp. (A) | 9,865 | $ | 1,043,618 | ||
Shockwave Medical, Inc. (A) | 17,198 | 3,048,002 | |||
STERIS PLC | 5,359 | 1,286,160 | |||
Stryker Corp. | 36,025 | 9,487,184 | |||
Teleflex, Inc. | 9,292 | 3,124,993 | |||
The Cooper Companies, Inc. | 4,748 | 1,942,027 | |||
Zimmer Biomet Holdings, Inc. | 11,062 | 1,406,976 | |||
63,486,276 | |||||
Health care providers and services – 19.0% | |||||
Agiliti, Inc. (A) | 27,528 | 495,779 | |||
agilon health, Inc. (A) | 17,603 | 355,933 | |||
Alignment Healthcare, Inc. (A) | 38,532 | 325,210 | |||
Anthem, Inc. | 18,067 | 8,163,574 | |||
Centene Corp. (A) | 91,960 | 7,597,735 | |||
Cigna Corp. | 17,845 | 4,243,184 | |||
Guardant Health, Inc. (A) | 16,908 | 1,120,493 | |||
HCA Healthcare, Inc. | 20,284 | 5,077,288 | |||
Humana, Inc. | 17,521 | 7,609,721 | |||
Molina Healthcare, Inc. (A) | 14,752 | 4,526,946 | |||
Oak Street Health, Inc. (A) | 15,512 | 271,615 | |||
Option Care Health, Inc. (A) | 25,279 | 649,670 | |||
Surgery Partners, Inc. (A) | 19,268 | 1,007,138 | |||
UnitedHealth Group, Inc. | 58,329 | 27,757,018 | |||
69,201,304 | |||||
Health care technology – 3.1% | |||||
Certara, Inc. (A) | 22,003 | 557,556 | |||
Doximity, Inc., Class A (A) | 82,979 | 5,090,762 | |||
MultiPlan Corp. (A) | 48,519 | 182,431 | |||
Phreesia, Inc. (A) | 27,234 | 838,535 | |||
Schrodinger, Inc. (A) | 6,356 | 220,935 | |||
Sema4 Holdings Corp. (A) | 32,652 | 113,955 | |||
Sophia Genetics SA (A) | 31,768 | 406,630 | |||
Veeva Systems, Inc., Class A (A) | 16,156 | 3,700,532 | |||
11,111,336 | |||||
Life sciences tools and services – 18.0% | |||||
10X Genomics, Inc., Class A (A) | 12,593 | 1,025,952 | |||
Adaptive Biotechnologies Corp. (A) | 32,515 | 469,191 | |||
Agilent Technologies, Inc. | 49,195 | 6,413,060 | |||
Avantor, Inc. (A) | 95,542 | 3,314,352 | |||
Berkeley Lights, Inc. (A) | 8,536 | 65,471 | |||
Bio-Techne Corp. | 2,705 | 1,134,504 | |||
Bruker Corp. | 44,654 | 3,142,302 | |||
Danaher Corp. | 52,046 | 14,281,943 | |||
Evotec SE (A) | 17,824 | 524,891 | |||
Illumina, Inc. (A) | 3,256 | 1,063,410 | |||
Lonza Group AG | 1,734 | 1,199,758 | |||
Maravai LifeSciences Holdings, Inc., Class A (A) | 20,778 | 811,796 | |||
MaxCyte, Inc. (A) | 9,349 | 65,069 | |||
MaxCyte, Inc. (London Stock Exchange) (A) | 11,388 | 67,486 | |||
Mettler-Toledo International, Inc. (A) | 1,000 | 1,408,740 | |||
NanoString Technologies, Inc. (A) | 7,668 | 271,907 | |||
Olink Holding AB, ADR (A) | 49,729 | 849,869 | |||
Pacific Biosciences of California, Inc. (A) | 65,843 | 784,849 | |||
Quanterix Corp. (A) | 14,130 | 476,746 | |||
Quantum-Si, Inc. (A) | 41,200 | 171,392 | |||
Rapid Micro Biosystems, Inc., Class A (A) | 18,669 | 130,496 | |||
Repligen Corp. (A) | 3,644 | 716,775 | |||
Seer, Inc. (A) | 54,822 | 839,873 | |||
SomaLogic, Inc. (A) | 78,435 | 712,974 | |||
Thermo Fisher Scientific, Inc. | 32,514 | 17,687,616 | |||
Waters Corp. (A) | 3,694 | 1,170,001 | |||
West Pharmaceutical Services, Inc. | 16,028 | 6,204,118 |
The accompanying notes are an integral part of the financial statements. | 26 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Life sciences tools and services (continued) | |||||
Wuxi Biologics Cayman, Inc. (A)(C) | 65,500 | $ | 541,778 | ||
65,546,319 | |||||
Pharmaceuticals – 12.9% | |||||
Arvinas, Inc. (A) | 13,183 | 854,390 | |||
AstraZeneca PLC, ADR | 162,658 | 9,902,619 | |||
Atea Pharmaceuticals, Inc. (A) | 14,959 | 94,840 | |||
Catalent, Inc. (A) | 19,843 | 2,024,780 | |||
CinCor Pharma, Inc. (A) | 12,021 | 268,189 | |||
Daiichi Sankyo Company, Ltd. | 67,800 | 1,654,009 | |||
DICE Therapeutics, Inc. (A) | 18,534 | 342,694 | |||
Elanco Animal Health, Inc. (A) | 21,555 | 612,378 | |||
Eli Lilly & Company | 43,173 | 10,791,091 | |||
Longboard Pharmaceuticals, Inc. (A) | 9,439 | 43,325 | |||
Merck & Company, Inc. | 58,844 | 4,506,274 | |||
Pfizer, Inc. | 185,981 | 8,729,948 | |||
Roche Holding AG | 11,077 | 4,195,229 | |||
Royalty Pharma PLC, Class A | 36,152 | 1,419,328 | |||
Theseus Pharmaceuticals, Inc. (A) | 19,722 | 199,192 | |||
Zoetis, Inc. | 6,429 | 1,244,976 | |||
46,883,262 | |||||
355,514,397 | |||||
Industrials – 0.4% | |||||
Industrial conglomerates – 0.4% | |||||
General Electric Company | 15,672 | 1,496,833 | |||
Information technology – 0.0% | |||||
Electronic equipment, instruments and components – 0.0% | |||||
Shimadzu Corp. | 2,600 | 93,402 | |||
TOTAL COMMON STOCKS (Cost $265,721,762) | $ | 359,585,059 | |||
PREFERRED SECURITIES – 0.5% | |||||
Health care – 0.5% | |||||
Health care equipment and supplies – 0.5% | |||||
Sartorius AG | 4,139 | 1,827,423 | |||
TOTAL PREFERRED SECURITIES (Cost $613,319) | $ | 1,827,423 | |||
WARRANTS – 0.0% | |||||
EQRx, Inc. (Expiration Date: 12-20-26; Strike Price: $11.50) (A) | 6,524 | 3,817 | |||
Sema4 Holdings Corp. (Expiration Date: 9-24-27; Strike Price: $11.50) (A) | 7,150 | 5,148 | |||
SomaLogic, Inc. (Expiration Date: 8-31-26; Strike Price: $11.50) (A) | 2,900 | 7,192 | |||
TOTAL WARRANTS (Cost $42,435) | $ | 16,157 | |||
SHORT-TERM INVESTMENTS – 0.1% | |||||
Short-term funds – 0.1% | |||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0265% (D) | 523,150 | 523,150 | |||
T. Rowe Price Government Reserve Fund, 0.1031% (D) | 175 | 175 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $523,325) | $ | 523,325 | |||
Total Investments (Health Sciences Fund) (Cost $266,900,841) – 99.5% | $ | 361,951,964 | |||
Other assets and liabilities, net – 0.5% | 1,838,626 | ||||
TOTAL NET ASSETS – 100.0% | $ | 363,790,590 |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | 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. |
(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. |
(D) | The rate shown is the annualized seven-day yield as of 2-28-22. |
Shares or Principal Amount | Value | ||||
FOREIGN GOVERNMENT OBLIGATIONS – 0.6% | |||||
Argentina – 0.3% | |||||
Provincia de Buenos Aires (3.900% to 9-1-22, then 5.250% to 9-1-23, then 6.375% to 9-1-24, then 6.625% thereafter), 09/01/2037 (A) | $ | 968,484 | $ | 409,184 | |
Republic of Argentina | |||||
1.000%, 07/09/2029 | 54,775 | 18,072 | |||
(0.500% to 7-9-23, then 0.750% to 7-9-27, then 1.750% thereafter), 07/09/2030 | 716,203 | 228,469 | |||
(1.125% to 7-9-22, then 1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter), 07/09/2035 | 476,895 | 141,161 | |||
796,886 | |||||
Brazil – 0.3% | |||||
Federative Republic of Brazil 10.000%, 01/01/2023 to 01/01/2027 | BRL | 4,175,000 | 805,350 | ||
Indonesia – 0.0% | |||||
Republic of Indonesia 8.375%, 03/15/2034 | IDR | 543,000,000 | 42,556 | ||
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $2,428,443) | $ | 1,644,792 | |||
CORPORATE BONDS – 84.2% | |||||
Communication services – 11.9% | |||||
Accelerate360 Holdings LLC 8.000%, 03/01/2028 (A) | $ | 180,000 | 183,600 | ||
Allen Media LLC 10.500%, 02/15/2028 (A) | 2,150,000 | 2,135,832 | |||
Altice Financing SA 5.750%, 08/15/2029 (A) | 1,050,000 | 956,813 | |||
Altice France Holding SA 10.500%, 05/15/2027 (A) | 290,000 | 303,630 | |||
Altice France SA 5.125%, 07/15/2029 (A) | 630,000 | 570,150 | |||
AMC Entertainment Holdings, Inc. 10.000%, 06/15/2026 (A) | 1,340,000 | 1,237,825 | |||
CCO Holdings LLC | |||||
4.250%, 02/01/2031 to 01/15/2034 (A) | 1,540,000 | 1,417,630 | |||
4.500%, 05/01/2032 | 760,000 | 722,000 | |||
4.750%, 02/01/2032 (A) | 710,000 | 690,475 | |||
Cinemark USA, Inc. 5.875%, 03/15/2026 (A) | 640,000 | 630,400 | |||
Clear Channel Outdoor Holdings, Inc. 7.500%, 06/01/2029 (A) | 930,000 | 966,419 | |||
CSC Holdings LLC | |||||
4.500%, 11/15/2031 (A) | 330,000 | 300,300 | |||
5.750%, 01/15/2030 (A) | 410,000 | 362,538 | |||
6.500%, 02/01/2029 (A) | 900,000 | 911,250 | |||
DIRECTV Holdings LLC 5.875%, 08/15/2027 (A) | 1,000,000 | 999,660 | |||
DISH DBS Corp. | |||||
5.125%, 06/01/2029 | 1,020,000 | 860,625 | |||
5.750%, 12/01/2028 (A) | 1,210,000 | 1,157,063 | |||
7.750%, 07/01/2026 | 2,000,000 | 2,025,380 |
The accompanying notes are an integral part of the financial statements. | 27 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Communication services (continued) | |||||
Frontier Communications Holdings LLC | |||||
5.000%, 05/01/2028 (A) | $ | 300,000 | $ | 291,225 | |
6.750%, 05/01/2029 (A) | 370,000 | 359,194 | |||
Gannett Holdings LLC 6.000%, 11/01/2026 (A) | 860,000 | 855,700 | |||
iHeartCommunications, Inc. | |||||
4.750%, 01/15/2028 (A) | 30,000 | 29,025 | |||
5.250%, 08/15/2027 (A) | 780,000 | 776,915 | |||
Match Group Holdings II LLC | |||||
3.625%, 10/01/2031 (A) | 660,000 | 615,450 | |||
4.625%, 06/01/2028 (A) | 510,000 | 511,535 | |||
News Corp. 3.875%, 05/15/2029 (A) | 800,000 | 766,000 | |||
Playtika Holding Corp. 4.250%, 03/15/2029 (A) | 700,000 | 651,000 | |||
Sprint Capital Corp. 8.750%, 03/15/2032 | 1,300,000 | 1,803,750 | |||
Sprint Corp. 7.625%, 02/15/2025 | 40,000 | 44,305 | |||
Switch, Ltd. | |||||
3.750%, 09/15/2028 (A) | 370,000 | 351,067 | |||
4.125%, 06/15/2029 (A) | 350,000 | 335,563 | |||
Time Warner Cable LLC 7.300%, 07/01/2038 | 400,000 | 500,677 | |||
T-Mobile USA, Inc. | |||||
3.500%, 04/15/2031 | 190,000 | 187,029 | |||
3.500%, 04/15/2031 (A) | 950,000 | 935,147 | |||
Univision Communications, Inc. 9.500%, 05/01/2025 (A) | 350,000 | 369,250 | |||
UPC Holding BV 5.500%, 01/15/2028 (A) | 400,000 | 398,000 | |||
Urban One, Inc. 7.375%, 02/01/2028 (A) | 660,000 | 656,700 | |||
Viavi Solutions, Inc. 3.750%, 10/01/2029 (A) | 370,000 | 350,690 | |||
Virgin Media Secured Finance PLC 5.500%, 05/15/2029 (A) | 800,000 | 799,275 | |||
Virgin Media Vendor Financing Notes IV DAC 5.000%, 07/15/2028 (A) | 510,000 | 486,112 | |||
Vmed O2 UK Financing I PLC 4.750%, 07/15/2031 (A) | 900,000 | 862,830 | |||
ZipRecruiter, Inc. 5.000%, 01/15/2030 (A) | 430,000 | 423,387 | |||
ZoomInfo Technologies LLC 3.875%, 02/01/2029 (A) | 800,000 | 759,000 | |||
30,550,416 | |||||
Consumer discretionary – 16.8% | |||||
Academy, Ltd. 6.000%, 11/15/2027 (A) | 650,000 | 676,845 | |||
Adtalem Global Education, Inc. 5.500%, 03/01/2028 (A) | 1,360,000 | 1,216,425 | |||
American Axle & Manufacturing, Inc. 5.000%, 10/01/2029 (B) | 1,000,000 | 948,310 | |||
American News Company LLC (8.500% Cash or 10.000% PIK) 8.500%, 09/01/2026 (A) | 1,220,850 | 1,407,030 | |||
Bath & Body Works, Inc. | |||||
5.250%, 02/01/2028 | 1,200,000 | 1,248,762 | |||
6.625%, 10/01/2030 (A) | 340,000 | 368,064 | |||
9.375%, 07/01/2025 (A) | 370,000 | 432,900 | |||
Bed Bath & Beyond, Inc. 5.165%, 08/01/2044 | 950,000 | 695,875 | |||
Boyne USA, Inc. 4.750%, 05/15/2029 (A) | 680,000 | 668,100 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Consumer discretionary (continued) | |||||
Caesars Entertainment, Inc. | |||||
4.625%, 10/15/2029 (A) | $ | 560,000 | $ | 531,300 | |
6.250%, 07/01/2025 (A) | 500,000 | 518,450 | |||
Carnival Corp. | |||||
5.750%, 03/01/2027 (A) | 920,000 | 896,085 | |||
6.000%, 05/01/2029 (A) | 620,000 | 601,983 | |||
Carriage Purchaser, Inc. 7.875%, 10/15/2029 (A) | 980,000 | 932,034 | |||
Carriage Services, Inc. 4.250%, 05/15/2029 (A) | 920,000 | 868,204 | |||
Carrols Restaurant Group, Inc. 5.875%, 07/01/2029 (A) | 470,000 | 404,299 | |||
Dornoch Debt Merger Sub, Inc. 6.625%, 10/15/2029 (A) | 550,000 | 510,125 | |||
Empire Communities Corp. 7.000%, 12/15/2025 (A) | 900,000 | 891,000 | |||
Fertitta Entertainment LLC | |||||
4.625%, 01/15/2029 (A) | 250,000 | 239,375 | |||
6.750%, 01/15/2030 (A) | 330,000 | 314,139 | |||
Fontainebleau Las Vegas Holdings LLC 11.000%, 06/15/2015 (A)(C) | 2,983,778 | 298 | |||
Ford Motor Company | |||||
3.250%, 02/12/2032 | 530,000 | 500,103 | |||
9.000%, 04/22/2025 | 660,000 | 765,188 | |||
Ford Motor Credit Company LLC | |||||
4.000%, 11/13/2030 | 1,740,000 | 1,726,080 | |||
5.113%, 05/03/2029 | 1,160,000 | 1,222,860 | |||
Full House Resorts, Inc. 8.250%, 02/15/2028 (A) | 1,020,000 | 1,022,550 | |||
Marston's Issuer PLC (SONIA + 2.550%) 2.961%, 07/16/2035 (D) | GBP | 380,000 | 401,547 | ||
Melco Resorts Finance, Ltd. 5.375%, 12/04/2029 (A) | $ | 650,000 | 564,077 | ||
NCL Corp., Ltd. | |||||
5.875%, 03/15/2026 to 02/15/2027 (A) | 1,240,000 | 1,229,538 | |||
7.750%, 02/15/2029 (A) | 800,000 | 825,000 | |||
NMG Holding Company, Inc. 7.125%, 04/01/2026 (A) | 680,000 | 700,400 | |||
Nordstrom, Inc. 5.000%, 01/15/2044 | 940,000 | 827,200 | |||
Party City Holdings, Inc. 8.750%, 02/15/2026 (A) | 740,000 | 740,440 | |||
PetSmart, Inc. | |||||
4.750%, 02/15/2028 (A) | 500,000 | 498,750 | |||
7.750%, 02/15/2029 (A) | 250,000 | 262,813 | |||
Rent-A-Center, Inc. 6.375%, 02/15/2029 (A)(B) | 790,000 | 756,425 | |||
Royal Caribbean Cruises, Ltd. | |||||
4.250%, 07/01/2026 (A) | 760,000 | 720,100 | |||
5.500%, 08/31/2026 to 04/01/2028 (A) | 1,900,000 | 1,874,926 | |||
Sands China, Ltd. 5.400%, 08/08/2028 | 200,000 | 195,918 | |||
Sizzling Platter LLC 8.500%, 11/28/2025 (A) | 460,000 | 441,600 | |||
Speedway Motorsports LLC 4.875%, 11/01/2027 (A) | 690,000 | 676,200 | |||
StoneMor, Inc. 8.500%, 05/15/2029 (A) | 1,060,000 | 1,067,950 | |||
Sugarhouse HSP Gaming Prop Mezz LP 5.875%, 05/15/2025 (A) | 380,000 | 375,250 | |||
The Gap, Inc. 3.875%, 10/01/2031 (A) | 790,000 | 707,986 | |||
The Michaels Companies, Inc. | |||||
5.250%, 05/01/2028 (A) | 440,000 | 411,400 | |||
7.875%, 05/01/2029 (A) | 800,000 | 700,000 |
The accompanying notes are an integral part of the financial statements. | 28 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Consumer discretionary (continued) | |||||
TopBuild Corp. 3.625%, 03/15/2029 (A) | $ | 830,000 | $ | 778,349 | |
Viking Cruises, Ltd. | |||||
5.875%, 09/15/2027 (A) | 570,000 | 531,519 | |||
7.000%, 02/15/2029 (A) | 2,930,000 | 2,768,850 | |||
13.000%, 05/15/2025 (A) | 1,000,000 | 1,111,250 | |||
VOC Escrow, Ltd. 5.000%, 02/15/2028 (A) | 990,000 | 942,975 | |||
WW International, Inc. 4.500%, 04/15/2029 (A) | 1,000,000 | 839,650 | |||
Wynn Macau, Ltd. | |||||
5.125%, 12/15/2029 (A) | 300,000 | 254,615 | |||
5.625%, 08/26/2028 (A) | 1,690,000 | 1,471,255 | |||
Wynn Resorts Finance LLC 7.750%, 04/15/2025 (A) | 650,000 | 678,535 | |||
42,960,902 | |||||
Consumer staples – 1.0% | |||||
Kraft Heinz Foods Company | |||||
5.200%, 07/15/2045 | 580,000 | 654,431 | |||
5.500%, 06/01/2050 | 220,000 | 263,450 | |||
Simmons Foods, Inc. 4.625%, 03/01/2029 (A) | 820,000 | 759,599 | |||
Triton Water Holdings, Inc. 6.250%, 04/01/2029 (A) | 820,000 | 755,532 | |||
Vector Group, Ltd. 10.500%, 11/01/2026 (A) | 140,000 | 143,738 | |||
2,576,750 | |||||
Energy – 12.2% | |||||
Antero Resources Corp. 5.375%, 03/01/2030 (A) | 580,000 | 590,875 | |||
Apache Corp. 7.750%, 12/15/2029 | 320,000 | 372,000 | |||
Berry Petroleum Company LLC 7.000%, 02/15/2026 (A) | 1,790,000 | 1,763,150 | |||
Blue Racer Midstream LLC 6.625%, 07/15/2026 (A) | 1,340,000 | 1,380,200 | |||
Cheniere Energy Partners LP 4.000%, 03/01/2031 | 650,000 | 640,250 | |||
Chesapeake Energy Corp. 5.500%, 02/01/2026 (A) | 90,000 | 92,492 | |||
CNX Midstream Partners LP 4.750%, 04/15/2030 (A) | 990,000 | 956,588 | |||
Colgate Energy Partners III LLC 5.875%, 07/01/2029 (A) | 1,500,000 | 1,543,920 | |||
Comstock Resources, Inc. | |||||
5.875%, 01/15/2030 (A) | 500,000 | 483,718 | |||
7.500%, 05/15/2025 (A) | 96,000 | 98,193 | |||
DCP Midstream Operating LP | |||||
6.450%, 11/03/2036 (A) | 310,000 | 374,898 | |||
6.750%, 09/15/2037 (A) | 750,000 | 915,000 | |||
Endeavor Energy Resources LP | |||||
5.750%, 01/30/2028 (A) | 50,000 | 51,785 | |||
6.625%, 07/15/2025 (A) | 550,000 | 574,800 | |||
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) 11/15/2026 (E) | 230,000 | 227,392 | |||
EQM Midstream Partners LP | |||||
5.500%, 07/15/2028 | 620,000 | 608,691 | |||
6.000%, 07/01/2025 (A) | 260,000 | 265,200 | |||
6.500%, 07/01/2027 (A) | 490,000 | 512,486 | |||
6.500%, 07/15/2048 | 400,000 | 390,000 | |||
EQT Corp. | |||||
5.000%, 01/15/2029 | 1,000,000 | 1,055,000 | |||
6.625%, 02/01/2025 | 160,000 | 172,835 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Energy (continued) | |||||
Howard Midstream Energy Partners LLC 6.750%, 01/15/2027 (A) | $ | 810,000 | $ | 803,925 | |
MEG Energy Corp. | |||||
5.875%, 02/01/2029 (A) | 350,000 | 353,819 | |||
7.125%, 02/01/2027 (A) | 1,050,000 | 1,095,308 | |||
Neptune Energy Bondco PLC 6.625%, 05/15/2025 (A) | 340,000 | 343,315 | |||
Northern Oil and Gas, Inc. 8.125%, 03/01/2028 (A) | 1,140,000 | 1,198,055 | |||
Oasis Petroleum, Inc. 6.375%, 06/01/2026 (A) | 1,350,000 | 1,373,625 | |||
Occidental Petroleum Corp. | |||||
4.100%, 02/15/2047 | 160,000 | 148,000 | |||
4.400%, 04/15/2046 | 240,000 | 227,995 | |||
6.600%, 03/15/2046 | 520,000 | 621,400 | |||
8.875%, 07/15/2030 | 1,000,000 | 1,293,000 | |||
Penn Virginia Holdings LLC 9.250%, 08/15/2026 (A) | 1,730,000 | 1,764,600 | |||
Petrobras Global Finance BV | |||||
5.750%, 02/01/2029 | 40,000 | 41,500 | |||
6.850%, 06/05/2115 | 580,000 | 538,124 | |||
Range Resources Corp. | |||||
4.750%, 02/15/2030 (A) | 600,000 | 587,250 | |||
8.250%, 01/15/2029 | 800,000 | 876,656 | |||
Southwestern Energy Company 4.750%, 02/01/2032 | 640,000 | 636,429 | |||
Summit Midstream Holdings LLC 8.500%, 10/15/2026 (A) | 430,000 | 425,700 | |||
Tallgrass Energy Partners LP 6.000%, 12/31/2030 (A) | 1,000,000 | 963,160 | |||
Targa Resources Partners LP | |||||
4.000%, 01/15/2032 | 420,000 | 413,708 | |||
4.875%, 02/01/2031 | 800,000 | 822,392 | |||
Venture Global Calcasieu Pass LLC 3.875%, 11/01/2033 (A) | 720,000 | 693,338 | |||
Vesta Energy Corp. 10.000%, 10/15/2025 (A) | CAD | 920,000 | 712,229 | ||
Western Midstream Operating LP | |||||
3.600%, 02/01/2025 | $ | 500,000 | 501,250 | ||
3.950%, 06/01/2025 | 80,000 | 81,000 | |||
5.500%, 08/15/2048 | 810,000 | 830,590 | |||
5.750%, 02/01/2050 | 720,000 | 732,600 | |||
31,148,441 | |||||
Financials – 9.2% | |||||
Acuris Finance U.S., Inc. 5.000%, 05/01/2028 (A) | 350,000 | 324,625 | |||
AFC Gamma, Inc. 5.750%, 05/01/2027 (A) | 720,000 | 714,194 | |||
AmWINS Group, Inc. 4.875%, 06/30/2029 (A) | 1,120,000 | 1,066,800 | |||
Apollo Commercial Real Estate Finance, Inc. 4.625%, 06/15/2029 (A) | 700,000 | 631,750 | |||
Barclays PLC (8.000% to 6-15-24, then 5 Year CMT + 5.672%) 06/15/2024 (E) | 400,000 | 426,500 | |||
BNP Paribas SA (7.375% to 8-19-25, then 5 Year U.S. Swap Rate + 5.150%) 08/19/2025 (A)(E) | 820,000 | 893,800 | |||
Burford Capital Global Finance LLC 6.250%, 04/15/2028 (A) | 930,000 | 963,713 | |||
Coinbase Global, Inc. 3.625%, 10/01/2031 (A) | 720,000 | 634,158 | |||
Credit Agricole SA (8.125% to 12-23-25, then 5 Year U.S. Swap Rate + 6.185%) 12/23/2025 (A)(E) | 820,000 | 924,078 |
The accompanying notes are an integral part of the financial statements. | 29 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Financials (continued) | |||||
Credit Suisse Group AG (6.375% to 8-21-26, then 5 Year CMT + 4.822%) 08/21/2026 (A)(E) | $ | 1,350,000 | $ | 1,358,438 | |
FirstCash, Inc. | |||||
4.625%, 09/01/2028 (A) | 930,000 | 877,994 | |||
5.625%, 01/01/2030 (A) | 570,000 | 566,010 | |||
Global Aircraft Leasing Company, Ltd. (6.500% Cash or 7.250% PIK) 6.500%, 09/15/2024 (A) | 2,759,701 | 2,621,716 | |||
Highlands Holdings Bond Issuer, Ltd. (7.625% Cash or 8.375% PIK) 7.625%, 10/15/2025 (A) | 687,637 | 709,985 | |||
Intesa Sanpaolo SpA (4.198% to 6-1-31, then 1 Year CMT + 2.600%) 06/01/2032 (A) | 640,000 | 578,927 | |||
Jane Street Group 4.500%, 11/15/2029 (A) | 440,000 | 429,000 | |||
Ladder Capital Finance Holdings LLLP | |||||
4.250%, 02/01/2027 (A) | 530,000 | 516,088 | |||
4.750%, 06/15/2029 (A) | 490,000 | 474,688 | |||
LD Holdings Group LLC | |||||
6.125%, 04/01/2028 (A) | 820,000 | 731,235 | |||
6.500%, 11/01/2025 (A) | 760,000 | 722,000 | |||
Lloyds Banking Group PLC (6.750% to 6-27-26, then 5 Year CMT + 4.815%) 06/27/2026 (E) | 610,000 | 650,565 | |||
Midcap Financial Issuer Trust | |||||
5.625%, 01/15/2030 (A) | 450,000 | 410,625 | |||
6.500%, 05/01/2028 (A) | 590,000 | 575,870 | |||
NMI Holdings, Inc. 7.375%, 06/01/2025 (A) | 800,000 | 859,884 | |||
Rocket Mortgage LLC | |||||
3.875%, 03/01/2031 (A) | 860,000 | 805,175 | |||
4.000%, 10/15/2033 (A) | 890,000 | 828,368 | |||
Ryan Specialty Group LLC 4.375%, 02/01/2030 (A) | 670,000 | 644,574 | |||
StoneX Group, Inc. 8.625%, 06/15/2025 (A) | 640,000 | 670,400 | |||
UBS Group AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) 01/31/2024 (A)(E) | 1,170,000 | 1,218,099 | |||
UniCredit SpA (5.459% to 6-30-30, then 5 Year CMT + 4.750%) 06/30/2035 (A) | 790,000 | 787,122 | |||
23,616,381 | |||||
Health care – 8.0% | |||||
AdaptHealth LLC | |||||
4.625%, 08/01/2029 (A) | 650,000 | 586,401 | |||
5.125%, 03/01/2030 (A) | 960,000 | 885,600 | |||
Akumin, Inc. 7.000%, 11/01/2025 (A) | 1,000,000 | 872,500 | |||
Bausch Health Americas, Inc. 9.250%, 04/01/2026 (A) | 1,551,000 | 1,603,672 | |||
Bausch Health Companies, Inc. | |||||
6.125%, 02/01/2027 (A) | 460,000 | 463,772 | |||
6.250%, 02/15/2029 (A) | 730,000 | 622,442 | |||
Cano Health LLC 6.250%, 10/01/2028 (A) | 570,000 | 506,063 | |||
Centene Corp. 4.625%, 12/15/2029 | 600,000 | 618,000 | |||
Community Health Systems, Inc. | |||||
6.125%, 04/01/2030 (A) | 500,000 | 465,000 | |||
6.875%, 04/15/2029 (A) | 1,240,000 | 1,202,428 | |||
Endo Luxembourg Finance Company I Sarl 6.125%, 04/01/2029 (A) | 960,000 | 902,400 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Health care (continued) | |||||
HCA, Inc. 5.625%, 09/01/2028 | $ | 1,250,000 | $ | 1,385,025 | |
Minerva Merger Sub, Inc. 6.500%, 02/15/2030 (A) | 1,160,000 | 1,116,755 | |||
Mozart Debt Merger Sub, Inc. | |||||
3.875%, 04/01/2029 (A) | 1,090,000 | 1,034,230 | |||
5.250%, 10/01/2029 (A) | 1,400,000 | 1,337,000 | |||
Option Care Health, Inc. 4.375%, 10/31/2029 (A) | 740,000 | 714,100 | |||
Par Pharmaceutical, Inc. 7.500%, 04/01/2027 (A) | 910,000 | 911,497 | |||
Radiology Partners, Inc. 9.250%, 02/01/2028 (A) | 700,000 | 698,250 | |||
RegionalCare Hospital Partners Holdings, Inc. 9.750%, 12/01/2026 (A) | 600,000 | 629,334 | |||
Tenet Healthcare Corp. 4.625%, 06/15/2028 (A) | 1,000,000 | 980,000 | |||
Teva Pharmaceutical Finance Company LLC 6.150%, 02/01/2036 | 400,000 | 404,000 | |||
Teva Pharmaceutical Finance Netherlands III BV 5.125%, 05/09/2029 | 1,600,000 | 1,533,276 | |||
U.S. Renal Care, Inc. 10.625%, 07/15/2027 (A) | 1,000,000 | 995,000 | |||
20,466,745 | |||||
Industrials – 12.2% | |||||
Air Canada 3.875%, 08/15/2026 (A) | 580,000 | 563,177 | |||
Allied Universal Holdco LLC | |||||
4.625%, 06/01/2028 (A) | 420,000 | 393,007 | |||
6.000%, 06/01/2029 (A) | 610,000 | 567,300 | |||
6.625%, 07/15/2026 (A) | 500,000 | 512,150 | |||
Alta Equipment Group, Inc. 5.625%, 04/15/2026 (A) | 950,000 | 945,250 | |||
American Airlines, Inc. | |||||
5.500%, 04/20/2026 (A) | 200,000 | 204,708 | |||
5.750%, 04/20/2029 (A) | 1,150,000 | 1,175,668 | |||
Anagram International, Inc. (5.000% Cash and 5.000% PIK) 10.000%, 08/15/2026 (A) | 87,131 | 90,616 | |||
ATS Automation Tooling Systems, Inc. 4.125%, 12/15/2028 (A) | 460,000 | 443,325 | |||
Brundage-Bone Concrete Pumping Holdings, Inc. 6.000%, 02/01/2026 (A) | 680,000 | 672,500 | |||
CoreCivic, Inc. 8.250%, 04/15/2026 | 1,550,000 | 1,573,250 | |||
Cornerstone Building Brands, Inc. 6.125%, 01/15/2029 (A) | 640,000 | 612,800 | |||
Covanta Holding Corp. 4.875%, 12/01/2029 (A) | 670,000 | 641,112 | |||
CP Atlas Buyer, Inc. 7.000%, 12/01/2028 (A) | 650,000 | 585,813 | |||
Delta Air Lines, Inc. 4.750%, 10/20/2028 (A) | 660,000 | 688,331 | |||
Doman Building Materials Group, Ltd. 5.250%, 05/15/2026 (A) | CAD | 770,000 | 596,864 | ||
Foundation Building Materials, Inc. 6.000%, 03/01/2029 (A) | $ | 690,000 | 641,700 | ||
H&E Equipment Services, Inc. 3.875%, 12/15/2028 (A) | 1,000,000 | 935,790 | |||
Hawaiian Brand Intellectual Property, Ltd. 5.750%, 01/20/2026 (A) | 780,000 | 789,750 |
The accompanying notes are an integral part of the financial statements. | 30 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Industrials (continued) | |||||
Legends Hospitality Holding Company LLC 5.000%, 02/01/2026 (A) | $ | 1,000,000 | $ | 980,000 | |
Madison IAQ LLC 5.875%, 06/30/2029 (A) | 1,210,000 | 1,098,075 | |||
Mileage Plus Holdings LLC 6.500%, 06/20/2027 (A) | 550,000 | 580,250 | |||
MIWD Holdco II LLC 5.500%, 02/01/2030 (A) | 1,120,000 | 1,067,875 | |||
Park-Ohio Industries, Inc. 6.625%, 04/15/2027 | 360,000 | 314,791 | |||
PGT Innovations, Inc. 4.375%, 10/01/2029 (A) | 470,000 | 441,715 | |||
PM General Purchaser LLC 9.500%, 10/01/2028 (A) | 710,000 | 679,207 | |||
Prime Security Services Borrower LLC 6.250%, 01/15/2028 (A) | 1,500,000 | 1,447,500 | |||
Resideo Funding, Inc. 4.000%, 09/01/2029 (A) | 700,000 | 629,384 | |||
Ritchie Bros Holdings, Inc. 4.750%, 12/15/2031 (A) | 530,000 | 526,597 | |||
Roller Bearing Company of America, Inc. 4.375%, 10/15/2029 (A) | 980,000 | 945,700 | |||
Spirit Loyalty Cayman, Ltd. 8.000%, 09/20/2025 (A) | 792,000 | 860,746 | |||
SRM Escrow Issuer LLC 6.000%, 11/01/2028 (A) | 1,000,000 | 999,630 | |||
The ADT Security Corp. 4.125%, 08/01/2029 (A) | 860,000 | 810,860 | |||
Titan International, Inc. 7.000%, 04/30/2028 | 720,000 | 744,404 | |||
TransDigm, Inc. 4.625%, 01/15/2029 | 720,000 | 679,471 | |||
United Airlines 2020-1 Class B Pass Through Trust 4.875%, 01/15/2026 | 267,840 | 272,439 | |||
United Airlines, Inc. | |||||
4.375%, 04/15/2026 (A) | 140,000 | 139,642 | |||
4.625%, 04/15/2029 (A) | 1,510,000 | 1,472,997 | |||
United Rentals North America, Inc. 5.250%, 01/15/2030 | 1,260,000 | 1,310,400 | |||
Vertiv Group Corp. 4.125%, 11/15/2028 (A) | 1,010,000 | 926,675 | |||
VistaJet Malta Finance PLC 6.375%, 02/01/2030 (A) | 880,000 | 837,355 | |||
XPO CNW, Inc. 6.700%, 05/01/2034 | 740,000 | 808,043 | |||
31,206,867 | |||||
Information technology – 3.9% | |||||
Alliance Data Systems Corp. 4.750%, 12/15/2024 (A) | 600,000 | 598,500 | |||
Block, Inc. 3.500%, 06/01/2031 (A) | 230,000 | 215,979 | |||
CA Magnum Holdings 5.375%, 10/31/2026 (A) | 430,000 | 430,538 | |||
Clarivate Science Holdings Corp. 4.875%, 07/01/2029 (A) | 470,000 | 442,580 | |||
CommScope, Inc. | |||||
4.750%, 09/01/2029 (A) | 710,000 | 662,075 | |||
8.250%, 03/01/2027 (A) | 1,800,000 | 1,791,036 | |||
Elastic NV 4.125%, 07/15/2029 (A) | 750,000 | 688,125 | |||
Helios Software Holdings, Inc. 4.625%, 05/01/2028 (A) | 830,000 | 777,054 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Information technology (continued) | |||||
MPH Acquisition Holdings LLC 5.750%, 11/01/2028 (A) | $ | 860,000 | $ | 776,150 | |
NCR Corp. 5.125%, 04/15/2029 (A) | 640,000 | 632,800 | |||
Paysafe Finance PLC 4.000%, 06/15/2029 (A) | 1,010,000 | 878,902 | |||
Rackspace Technology Global, Inc. 3.500%, 02/15/2028 (A) | 900,000 | 816,750 | |||
Rocket Software, Inc. 6.500%, 02/15/2029 (A) | 570,000 | 528,675 | |||
Vericast Corp. 11.000%, 09/15/2026 (A) | 860,000 | 878,275 | |||
10,117,439 | |||||
Materials – 4.0% | |||||
ARD Finance SA (6.500% Cash or 7.250% PIK) 6.500%, 06/30/2027 (A) | 740,000 | 708,609 | |||
Ardagh Metal Packaging Finance USA LLC 4.000%, 09/01/2029 (A) | 1,000,000 | 937,800 | |||
Ardagh Packaging Finance PLC 5.250%, 08/15/2027 (A) | 720,000 | 684,406 | |||
Cascades, Inc. 5.375%, 01/15/2028 (A) | 800,000 | 802,000 | |||
First Quantum Minerals, Ltd. | |||||
6.875%, 03/01/2026 to 10/15/2027 (A) | 2,240,000 | 2,358,656 | |||
7.500%, 04/01/2025 (A) | 246,000 | 251,454 | |||
Freeport-McMoRan, Inc. 5.450%, 03/15/2043 | 1,500,000 | 1,725,225 | |||
Hudbay Minerals, Inc. | |||||
4.500%, 04/01/2026 (A) | 250,000 | 241,563 | |||
6.125%, 04/01/2029 (A) | 500,000 | 511,250 | |||
LSF11 A5 HoldCo LLC 6.625%, 10/15/2029 (A) | 700,000 | 665,882 | |||
Midwest Vanadium Proprietary, Ltd. 11.500%, 02/15/2018 (A)(C) | 1,953,148 | 3,652 | |||
Northwest Acquisitions ULC 7.125%, 11/01/2022 (A)(C) | 1,140,000 | 11 | |||
Olin Corp. 5.000%, 02/01/2030 | 560,000 | 564,200 | |||
Summit Materials LLC 5.250%, 01/15/2029 (A) | 700,000 | 702,625 | |||
10,157,333 | |||||
Real estate – 3.7% | |||||
Diversified Healthcare Trust | |||||
4.375%, 03/01/2031 | 500,000 | 429,375 | |||
4.750%, 02/15/2028 | 800,000 | 723,312 | |||
9.750%, 06/15/2025 | 680,000 | 718,250 | |||
Five Point Operating Company LP 7.875%, 11/15/2025 (A) | 640,000 | 652,800 | |||
Forestar Group, Inc. | |||||
3.850%, 05/15/2026 (A) | 580,000 | 549,550 | |||
5.000%, 03/01/2028 (A) | 420,000 | 405,300 | |||
IIP Operating Partnership LP 5.500%, 05/25/2026 | 1,150,000 | 1,180,938 | |||
Iron Mountain Information Management Services, Inc. 5.000%, 07/15/2032 (A) | 570,000 | 541,500 | |||
MPT Operating Partnership LP | |||||
3.500%, 03/15/2031 | 300,000 | 282,765 | |||
4.625%, 08/01/2029 | 700,000 | 702,625 | |||
Park Intermediate Holdings LLC 5.875%, 10/01/2028 (A) | 410,000 | 417,536 | |||
Realogy Group LLC 5.750%, 01/15/2029 (A) | 520,000 | 514,150 |
The accompanying notes are an integral part of the financial statements. | 31 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Real estate (continued) | |||||
Service Properties Trust 5.500%, 12/15/2027 | $ | 640,000 | $ | 626,400 | |
The GEO Group, Inc. | |||||
5.875%, 10/15/2024 | 480,000 | 422,400 | |||
6.000%, 04/15/2026 | 1,500,000 | 1,237,500 | |||
9,404,401 | |||||
Utilities – 1.3% | |||||
Calpine Corp. 5.000%, 02/01/2031 (A) | 700,000 | 648,134 | |||
Suburban Propane Partners LP 5.000%, 06/01/2031 (A) | 460,000 | 437,000 | |||
Sunnova Energy Corp. 5.875%, 09/01/2026 (A) | 1,310,000 | 1,198,807 | |||
Superior Plus LP 4.500%, 03/15/2029 (A) | 340,000 | 324,275 | |||
Talen Energy Supply LLC | |||||
6.625%, 01/15/2028 (A) | 600,000 | 520,500 | |||
7.250%, 05/15/2027 (A) | 285,000 | 253,650 | |||
7.625%, 06/01/2028 (A) | 70,000 | 62,650 | |||
3,445,016 | |||||
TOTAL CORPORATE BONDS (Cost $226,396,567) | $ | 215,650,691 | |||
CONVERTIBLE BONDS – 1.5% | |||||
Communication services – 0.5% | |||||
DISH Network Corp. 3.375%, 08/15/2026 | 1,050,000 | 952,350 | |||
Liberty TripAdvisor Holdings, Inc. 0.500%, 06/30/2051 (A) | 110,000 | 88,454 | |||
Twitter, Inc. 3.703%, 03/15/2026 (A)(F) | 240,000 | 206,760 | |||
1,247,564 | |||||
Consumer discretionary – 0.4% | |||||
Chegg, Inc. 4.576%, 09/01/2026 (F) | 180,000 | 146,700 | |||
DraftKings, Inc. 4.725%, 03/15/2028 (A)(F) | 860,000 | 648,010 | |||
Liberty Latin America, Ltd. 2.000%, 07/15/2024 | 90,000 | 83,250 | |||
NCL Corp., Ltd. 2.500%, 02/15/2027 (A) | 140,000 | 129,640 | |||
1,007,600 | |||||
Health care – 0.2% | |||||
Halozyme Therapeutics, Inc. 0.250%, 03/01/2027 (A) | 800,000 | 694,000 | |||
Industrials – 0.4% | |||||
Spirit Airlines, Inc. 1.000%, 05/15/2026 | 1,090,000 | 1,009,340 | |||
TOTAL CONVERTIBLE BONDS (Cost $4,191,765) | $ | 3,958,504 | |||
TERM LOANS (G) – 5.4% | |||||
Consumer discretionary – 1.7% | |||||
Adtalem Global Education, Inc., 2021 Term Loan B (1 month LIBOR + 4.500%) 5.250%, 08/12/2028 | 870,000 | 860,395 | |||
Equinox Holdings, Inc., 2020 Term Loan B2 (3 month LIBOR + 9.000%) 10.000%, 03/08/2024 | 413,700 | 417,837 | |||
First Brands Group LLC, 2021 Term Loan (3 month LIBOR + 5.000%) 6.000%, 03/30/2027 | 367,225 | 364,471 |
Shares or Principal Amount | Value | ||||
TERM LOANS (G) (continued) | |||||
Consumer discretionary (continued) | |||||
Great Outdoors Group LLC, 2021 Term Loan B1 (3 month LIBOR + 3.750%) 4.500%, 03/06/2028 | $ | 356,407 | $ | 354,268 | |
PetSmart, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) 4.500%, 02/11/2028 | 537,300 | 534,280 | |||
Rent-A-Center, Inc., 2021 1st Lien Term Loan B (3 month LIBOR + 3.250%) 3.813%, 02/17/2028 | 625,275 | 612,770 | |||
Spencer Spirit IH LLC, Term Loan B (1 month LIBOR + 6.000%) 6.209%, 06/19/2026 | 731,920 | 728,033 | |||
Truck Hero, Inc., 2021 Term Loan B (1 month LIBOR + 3.250%) 4.000%, 01/31/2028 | 357,300 | 350,275 | |||
4,222,329 | |||||
Financials – 0.7% | |||||
Acrisure LLC, 2020 Term Loan B (3 month LIBOR + 3.500%) 3.724%, 02/15/2027 | 530,550 | 521,488 | |||
AmeriLife Holdings LLC, 2020 Term Loan (1 month LIBOR + 4.000%) 4.106%, 03/18/2027 | 177,329 | 175,556 | |||
Asurion LLC, 2021 Term Loan B9 (1 month LIBOR + 3.250%) 3.459%, 07/31/2027 | 794,000 | 778,620 | |||
Deerfield Dakota Holding LLC, 2021 USD 2nd Lien Term Loan (1 month LIBOR + 6.750%) 7.500%, 04/07/2028 | 250,000 | 251,250 | |||
1,726,914 | |||||
Health care – 0.5% | |||||
Eyecare Partners LLC, 2020 Term Loan (3 month LIBOR + 3.750%) 3.974%, 02/18/2027 | 570,708 | 564,288 | |||
US Renal Care, Inc., 2019 Term Loan B (1 month LIBOR + 5.000%) 5.209%, 06/26/2026 | 810,116 | 776,698 | |||
1,340,986 | |||||
Industrials – 0.8% | |||||
Allied Universal Holdco LLC, 2021 USD Incremental Term Loan B (3 month LIBOR + 3.750%) 4.250%, 05/12/2028 | 798,000 | 786,565 | |||
CoreCivic, Inc., 2019 Term Loan (1 month LIBOR + 4.500%) 5.500%, 12/18/2024 | 170,468 | 169,048 | |||
Delta Topco, Inc., 2020 Term Loan B (3 month LIBOR + 3.750%) 4.500%, 12/01/2027 | 694,750 | 689,046 | |||
Mileage Plus Holdings LLC, 2020 Term Loan B (3 month LIBOR + 5.250%) 6.250%, 06/21/2027 | 480,000 | 500,822 | |||
2,145,481 | |||||
Information technology – 1.5% | |||||
Dcert Buyer, Inc., 2019 Term Loan B (1 month LIBOR + 4.000%) 4.209%, 10/16/2026 | 694,697 | 691,029 | |||
Dcert Buyer, Inc., 2021 2nd Lien Term Loan (1 month LIBOR + 7.000%) 7.209%, 02/19/2029 | 880,000 | 876,480 | |||
Global Tel*Link Corp., 2018 1st Lien Term Loan (1 month LIBOR + 4.250%) 4.459%, 11/29/2025 | 797,702 | 773,523 | |||
Peraton Corp., Term Loan B (1 month LIBOR + 3.750%) 4.500%, 02/01/2028 | 446,625 | 443,834 |
The accompanying notes are an integral part of the financial statements. | 32 |
Shares or Principal Amount | Value | ||||
TERM LOANS (G) (continued) | |||||
Information technology (continued) | |||||
Redstone Holdco 2 LP, 2021 2nd Lien Term Loan (3 month LIBOR + 7.750%) 8.500%, 04/27/2029 | $ | 570,000 | $ | 485,925 | |
Redstone Holdco 2 LP, 2021 Term Loan (3 month LIBOR + 4.750%) 5.500%, 04/27/2028 | 498,750 | 464,775 | |||
Vericast Corp., 2021 Term Loan (3 month LIBOR + 7.750%) 8.750%, 06/16/2026 | 156,557 | 139,023 | |||
3,874,589 | |||||
Materials – 0.2% | |||||
Arctic Canadian Diamond Company, Ltd., 2nd Lien PIK Term Loan (3 month LIBOR + 5.000% or 12.500% PIK) 5.000%, 12/31/2027 (H) | 492,764 | 492,764 | |||
TOTAL TERM LOANS (Cost $13,971,616) | $ | 13,803,063 | |||
ASSET BACKED SECURITIES – 5.0% | |||||
AMMC CLO, Ltd. Series 2017-20A, Class E (3 month LIBOR + 5.810%) 6.051%, 04/17/2029 (A)(D) | 700,000 | 668,765 | |||
Ares CLO, Ltd. Series 2017-44A, Class CR (3 month LIBOR + 3.400%) 3.641%, 04/15/2034 (A)(D) | 410,000 | 404,146 | |||
Ballyrock CLO, Ltd. Series 2016-1A, Class ER (3 month LIBOR + 6.950%) 7.191%, 10/15/2028 (A)(D) | 250,000 | 250,333 | |||
Barings CLO, Ltd. Series 2020-4A, Class E (3 month LIBOR + 5.680%) 5.934%, 01/20/2032 (A)(D) | 350,000 | 336,568 | |||
Benefit Street Partners CLO XI, Ltd. Series 2017-12A, Class C (3 month LIBOR + 3.050%) 3.291%, 10/15/2030 (A)(D) | 250,000 | 244,939 | |||
BlueMountain CLO XXXI, Ltd. Series 2021-31A, Class E (3 month LIBOR + 6.530%) 6.778%, 04/19/2034 (A)(D) | 170,000 | 164,716 | |||
BlueMountain CLO, Ltd. Series 2016-2A, Class DR (3 month LIBOR + 7.790%) 8.270%, 08/20/2032 (A)(D) | 375,000 | 365,013 | |||
Cathedral Lake VI, Ltd. Series 2021-6A, Class E (3 month LIBOR + 7.210%) 7.468%, 04/25/2034 (A)(D) | 125,000 | 114,870 | |||
Cook Park CLO, Ltd. Series 2018-1A, Class E (3 month LIBOR + 5.400%) 5.641%, 04/17/2030 (A)(D) | 750,000 | 718,756 | |||
Dryden 70 CLO, Ltd. Series 2018-70A, Class E (3 month LIBOR + 6.050%) 6.291%, 01/16/2032 (A)(D) | 750,000 | 721,997 | |||
Greenwood Park CLO, Ltd. | |||||
Series 2018-1A, Class D (3 month LIBOR + 2.500%) 2.741%, 04/15/2031 (A)(D) | 530,000 | 514,587 | |||
Series 2018-1A, Class E (3 month LIBOR + 4.950%) 5.191%, 04/15/2031 (A)(D) | 750,000 | 704,234 |
Shares or Principal Amount | Value | ||||
ASSET BACKED SECURITIES (continued) | |||||
Greywolf CLO IV, Ltd. Series 2019-1RA, Class CR (3 month LIBOR + 3.650%) 3.891%, 04/17/2034 (A)(D) | $ | 390,000 | $ | 390,555 | |
Grippen Park CLO, Ltd. Series 2017-1A, Class E (3 month LIBOR + 5.700%) 5.954%, 01/20/2030 (A)(D) | 440,000 | 426,525 | |||
Halsey Point CLO I, Ltd. Series 2019-1A, Class E (3 month LIBOR + 7.700%) 7.954%, 01/20/2033 (A)(D) | 600,000 | 581,439 | |||
LCM XXII, Ltd. Series 2022-A, Class DR (3 month LIBOR + 5.500%) 5.754%, 10/20/2028 (A)(D) | 500,000 | 466,923 | |||
Madison Park Funding XIII, Ltd. Series 2014-13A, Class DR2 (3 month LIBOR + 2.850%) 3.098%, 04/19/2030 (A)(D) | 1,000,000 | 973,807 | |||
Magnetite XXIV, Ltd. Series 2019-24A, Class ER (3 month CME Term SOFR + 6.400%) 6.571%, 04/15/2035 (A)(D) | 250,000 | 249,827 | |||
Mountain View CLO IX, Ltd. Series 2015-9A, Class CR (3 month LIBOR + 3.120%) 3.361%, 07/15/2031 (A)(D) | 670,000 | 633,430 | |||
Oaktree CLO, Ltd. Series 2019-1A, Class D (3 month LIBOR + 3.800%) 4.059%, 04/22/2030 (A)(D) | 250,000 | 242,285 | |||
OZLM XI, Ltd. Series 2015-11A, Class CR (3 month LIBOR + 3.600%) 3.899%, 10/30/2030 (A)(D) | 1,000,000 | 979,400 | |||
Rockland Park CLO, Ltd. Series 2021-1A, Class E (3 month LIBOR + 6.250%) 6.504%, 04/20/2034 (A)(D) | 200,000 | 196,395 | |||
Sculptor CLO XXVI, Ltd. Series 2026-A, Class E (3 month LIBOR + 7.250%) 7.504%, 07/20/2034 (A)(D) | 390,000 | 378,288 | |||
Shackleton CLO, Ltd. Series 2013-3A, Class DR (3 month LIBOR + 3.020%) 3.261%, 07/15/2030 (A)(D) | 500,000 | 479,615 | |||
Symphony CLO XXII, Ltd. Series 2020-22A, Class D (3 month LIBOR + 3.150%) 3.391%, 04/18/2033 (A)(D) | 500,000 | 490,267 | |||
TCI-Symphony CLO, Ltd. Series 2016-1A, Class DR2 (3 month LIBOR + 3.100%) 3.344%, 10/13/2032 (A)(D) | 600,000 | 588,208 | |||
Voya CLO, Ltd. Series 2017-1A, Class C (3 month LIBOR + 3.330%) 3.571%, 04/17/2030 (A)(D) | 500,000 | 488,273 | |||
TOTAL ASSET BACKED SECURITIES (Cost $12,961,992) | $ | 12,774,161 | |||
COMMON STOCKS – 0.8% | |||||
Communication services – 0.0% | |||||
New Cotai, Inc., Class B (H)(I)(J) | 11 | 0 |
The accompanying notes are an integral part of the financial statements. | 33 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Consumer discretionary – 0.0% | |||||
Party City Holdco, Inc. (J) | 14,839 | $ | 64,253 | ||
Energy – 0.8% | |||||
Berry Corp. | 110,224 | 1,102,229 | |||
Hercules Offshore, Inc. (H)(J) | 120,022 | 0 | |||
KCAD Holdings I, Ltd. (H)(I)(J) | 752,218,031 | 752 | |||
MWO Holdings LLC (H)(I)(J) | 1,134 | 8,584 | |||
Oasis Petroleum, Inc. | 5,752 | 762,198 | |||
Permian Production (J) | 35,417 | 1,771 | |||
1,875,534 | |||||
TOTAL COMMON STOCKS (Cost $15,821,278) | $ | 1,939,787 | |||
PREFERRED SECURITIES – 0.8% | |||||
Energy – 0.4% | |||||
MPLX LP, 8.461% (H) | 17,615 | 588,341 | |||
Targa Resources Corp., 9.500% | 500 | 540,652 | |||
1,128,993 | |||||
Financials – 0.4% | |||||
B. Riley Financial, Inc., 5.000% | 18,075 | 439,223 | |||
B. Riley Financial, Inc., 5.250% | 13,100 | 307,326 | |||
B. Riley Financial, Inc., 6.000% | 11,650 | 284,260 | |||
1,030,809 | |||||
TOTAL PREFERRED SECURITIES (Cost $2,168,113) | $ | 2,159,802 | |||
SHORT-TERM INVESTMENTS – 0.7% | |||||
Short-term funds – 0.7% | |||||
John Hancock Collateral Trust, 0.0896% (K)(L) | 157,789 | 1,578,127 | |||
State Street Institutional Treasury Plus Money Market Fund, Premier Class, 0.0191% (K) | 324,211 | 324,211 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $1,902,456) | $ | 1,902,338 | |||
Total Investments (High Yield Fund) (Cost $279,842,230) – 99.0% | $ | 253,833,138 | |||
Other assets and liabilities, net – 1.0% | 2,438,151 | ||||
TOTAL NET ASSETS – 100.0% | $ | 256,271,289 |
Currency Abbreviations |
BRL | Brazilian Real |
CAD | Canadian Dollar |
GBP | Pound Sterling |
IDR | Indonesian Rupiah |
Security Abbreviations and Legend | |
CME | Chicago Mercantile Exchange |
CMT | Constant Maturity Treasury |
LIBOR | London Interbank Offered Rate |
PIK | Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate. |
SOFR | Secured Overnight Financing Rate |
SONIA | Sterling Overnight Interbank Average Rate |
(A) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $184,443,444 or 72.0% of the fund's net assets as of 2-28-22. |
(B) | All or a portion of this security is on loan as of 2-28-22. |
(C) | Non-income producing - Issuer is in default. |
(D) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(E) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(F) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
(G) | Term loans are variable rate obligations. The coupon rate shown represents the rate at period end. |
(H) | 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. |
(I) | Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to financial statements. |
(J) | Non-income producing security. |
(K) | The rate shown is the annualized seven-day yield as of 2-28-22. |
(L) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
5-Year U.S. Treasury Note Futures | 156 | Long | Jun 2022 | $18,356,590 | $18,451,875 | $95,285 |
10-Year U.S. Treasury Note Futures | 107 | Short | Jun 2022 | (13,536,057) | (13,635,813) | (99,756) |
$(4,471) |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
GBP | 587,667 | USD | 796,688 | MSCS | 4/19/2022 | — | $(8,142) |
MXN | 3,526,523 | USD | 169,928 | JPM | 4/19/2022 | $823 | — |
USD | 961,651 | CAD | 1,223,846 | MSCS | 4/19/2022 | — | (4,049) |
The accompanying notes are an integral part of the financial statements. | 34 |
FORWARD FOREIGN CURRENCY CONTRACTS (continued)
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
USD | 287,309 | EUR | 254,004 | MSCS | 4/19/2022 | $1,971 | — |
$2,794 | $(12,191) |
Credit default swaps - Seller | |||||||||||
Counterparty (OTC)/ Centrally cleared | Reference obligation | Implied credit spread | Notional amount | Currency | USD notional amount | Received fixed rate | Fixed payment frequency | Maturity date | Unamortized upfront payment paid (received) | Unrealized appreciation (depreciation) | Value |
Centrally cleared | Occidental Petroleum Corp. | 1.523% | 810,000 | USD | $810,000 | 1.000% | Quarterly | Jun 2026 | $(32,077) | $16,517 | $(15,560) |
Centrally cleared | Ford Motor Company | 3.645% | 1,000,000 | USD | 1,000,000 | 5.000% | Quarterly | Dec 2026 | 148,572 | (85,650) | 62,922 |
$1,810,000 | $116,495 | $(69,133) | $47,362 |
Derivatives Currency Abbreviations | |
CAD | Canadian Dollar |
EUR | Euro |
GBP | Pound Sterling |
MXN | Mexican Peso |
USD | U.S. Dollar |
Derivatives Abbreviations | |
JPM | JPMorgan Chase Bank, N.A. |
MSCS | Morgan Stanley Capital Services LLC |
OTC | Over-the-counter |
Shares or Principal Amount | Value | ||||
COMMON STOCKS - 88.7% | |||||
Australia - 3.9% | |||||
Ampol, Ltd. | 12,107 | $ | 261,516 | ||
APA Group | 60,917 | 445,333 | |||
Aristocrat Leisure, Ltd. | 31,713 | 869,889 | |||
ASX, Ltd. | 10,382 | 623,559 | |||
Aurizon Holdings, Ltd. | 97,613 | 249,003 | |||
Australia & New Zealand Banking Group, Ltd. | 148,946 | 2,819,828 | |||
BHP Group, Ltd. | 265,712 | 9,073,060 | |||
BlueScope Steel, Ltd. | 26,877 | 397,991 | |||
Brambles, Ltd. | 75,877 | 546,522 | |||
Cochlear, Ltd. | 3,433 | 560,418 | |||
Coles Group, Ltd. | 69,675 | 881,466 | |||
Commonwealth Bank of Australia | 93,285 | 6,328,788 | |||
Computershare, Ltd. | 28,495 | 450,232 | |||
Crown Resorts, Ltd. (A) | 19,612 | 177,249 | |||
CSL, Ltd. | 25,118 | 4,775,542 | |||
Dexus | 56,553 | 447,673 | |||
Domino's Pizza Enterprises, Ltd. | 3,176 | 183,389 | |||
Endeavour Group, Ltd. | 70,329 | 367,309 | |||
Evolution Mining, Ltd. | 93,649 | 289,581 | |||
Fortescue Metals Group, Ltd. | 88,828 | 1,183,398 | |||
Goodman Group | 87,472 | 1,415,269 | |||
IDP Education, Ltd. | 10,967 | 212,098 | |||
Insurance Australia Group, Ltd. | 132,496 | 442,333 | |||
Lendlease Corp., Ltd. | 35,984 | 277,609 | |||
Macquarie Group, Ltd. | 18,566 | 2,443,351 | |||
Magellan Financial Group, Ltd. | 7,843 | 104,940 | |||
Medibank Private, Ltd. | 146,824 | 338,652 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Australia (continued) | |||||
Mirvac Group | 208,199 | $ | 388,274 | ||
MMG, Ltd. (A) | 180,000 | 65,201 | |||
National Australia Bank, Ltd. | 173,039 | 3,634,350 | |||
Newcrest Mining, Ltd. | 42,582 | 789,932 | |||
Northern Star Resources, Ltd. | 57,133 | 425,812 | |||
Orica, Ltd. | 21,363 | 227,767 | |||
Origin Energy, Ltd. | 91,086 | 378,250 | |||
Qantas Airways, Ltd. (A) | 48,755 | 180,661 | |||
QBE Insurance Group, Ltd. | 79,097 | 660,067 | |||
Ramsay Health Care, Ltd. | 9,603 | 447,959 | |||
REA Group, Ltd. | 2,746 | 264,685 | |||
Reece, Ltd. | 15,227 | 215,572 | |||
Rio Tinto, Ltd. | 19,562 | 1,686,971 | |||
Santos, Ltd. | 168,130 | 895,435 | |||
Scentre Group | 271,500 | 603,166 | |||
SEEK, Ltd. | 17,541 | 342,451 | |||
Sonic Healthcare, Ltd. | 23,882 | 609,413 | |||
South32, Ltd. | 244,232 | 857,259 | |||
Stockland | 126,143 | 381,696 | |||
Suncorp Group, Ltd. | 69,109 | 537,581 | |||
Sydney Airport (A) | 23,896 | 151,862 | |||
Tabcorp Holdings, Ltd. | 116,657 | 421,882 | |||
Telstra Corp., Ltd. | 218,523 | 627,956 | |||
The GPT Group | 100,704 | 359,320 | |||
Transurban Group | 159,854 | 1,476,478 | |||
Treasury Wine Estates, Ltd. | 37,978 | 320,352 | |||
Vicinity Centres | 202,678 | 263,916 |
The accompanying notes are an integral part of the financial statements. | 35 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Australia (continued) | |||||
Washington H. Soul Pattinson & Company, Ltd. | 11,234 | $ | 206,099 | ||
Wesfarmers, Ltd. | 59,509 | 2,086,976 | |||
Westpac Banking Corp. | 192,298 | 3,177,971 | |||
WiseTech Global, Ltd. | 7,649 | 244,891 | |||
Woodside Petroleum, Ltd. | 50,495 | 1,055,159 | |||
Woolworths Group, Ltd. | 66,401 | 1,716,979 | |||
61,868,341 | |||||
Austria - 0.2% | |||||
Erste Group Bank AG | 26,193 | 931,080 | |||
OMV AG | 11,119 | 529,304 | |||
Raiffeisen Bank International AG | 10,891 | 177,468 | |||
Verbund AG | 5,137 | 619,609 | |||
voestalpine AG | 8,806 | 291,048 | |||
2,548,509 | |||||
Belgium - 0.5% | |||||
Ageas SA/NV | 10,959 | 527,197 | |||
Anheuser-Busch InBev SA/NV | 46,786 | 2,887,070 | |||
Elia Group SA/NV | 1,795 | 258,414 | |||
Etablissements Franz Colruyt NV | 3,300 | 131,990 | |||
Groupe Bruxelles Lambert SA | 6,941 | 720,730 | |||
KBC Group NV | 15,176 | 1,093,387 | |||
Proximus SADP | 9,187 | 182,641 | |||
Sofina SA | 969 | 376,317 | |||
Solvay SA | 4,533 | 505,524 | |||
UCB SA | 7,781 | 849,196 | |||
Umicore SA | 12,050 | 492,963 | |||
8,025,429 | |||||
Brazil - 1.0% | |||||
Ambev SA | 264,800 | 777,126 | |||
Americanas SA | 36,210 | 212,197 | |||
Atacadao SA | 27,400 | 101,001 | |||
B3 SA - Brasil Bolsa Balcao | 344,660 | 969,662 | |||
Banco Bradesco SA | 78,508 | 257,495 | |||
Banco BTG Pactual SA | 67,700 | 336,353 | |||
Banco do Brasil SA | 48,200 | 325,884 | |||
Banco Inter SA | 19,300 | 74,836 | |||
Banco Santander Brasil SA | 23,000 | 136,327 | |||
BB Seguridade Participacoes SA | 40,500 | 178,585 | |||
BRF SA (A) | 39,100 | 123,304 | |||
CCR SA | 66,300 | 150,835 | |||
Centrais Eletricas Brasileiras SA | 16,400 | 110,680 | |||
Cia de Saneamento Basico do Estado de Sao Paulo | 19,000 | 152,460 | |||
Cia Siderurgica Nacional SA | 38,700 | 190,471 | |||
Cosan SA | 57,400 | 235,328 | |||
Energisa SA | 9,600 | 81,914 | |||
Engie Brasil Energia SA | 10,325 | 79,990 | |||
Equatorial Energia SA | 56,400 | 278,915 | |||
Hapvida Participacoes e Investimentos SA (B) | 237,309 | 555,493 | |||
Hypera SA | 21,300 | 138,173 | |||
JBS SA | 49,200 | 344,636 | |||
Klabin SA | 39,600 | 177,869 | |||
Localiza Rent a Car SA | 33,845 | 376,774 | |||
Lojas Renner SA | 55,242 | 273,052 | |||
Magazine Luiza SA | 169,100 | 195,091 | |||
Natura & Company Holding SA (A) | 50,300 | 224,462 | |||
Petroleo Brasileiro SA | 206,200 | 1,466,168 | |||
Raia Drogasil SA | 59,200 | 268,007 | |||
Rede D'Or Sao Luiz SA (B) | 22,500 | 221,647 | |||
Rumo SA (A) | 71,800 | 215,104 | |||
Suzano SA | 41,727 | 449,774 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Brazil (continued) | |||||
Telefonica Brasil SA | 28,200 | $ | 276,548 | ||
TIM SA | 47,000 | 124,667 | |||
TOTVS SA | 29,100 | 186,421 | |||
Ultrapar Participacoes SA | 40,000 | 112,494 | |||
Vale SA | 229,438 | 4,256,919 | |||
Via S/A (A) | 69,500 | 50,921 | |||
Vibra Energia SA | 65,300 | 297,436 | |||
WEG SA | 93,940 | 532,245 | |||
15,517,264 | |||||
Canada - 9.6% | |||||
Agnico Eagle Mines, Ltd. | 34,474 | 1,741,515 | |||
Air Canada (A) | 14,139 | 267,163 | |||
Algonquin Power & Utilities Corp. | 53,510 | 774,259 | |||
Alimentation Couche-Tard, Inc. | 61,857 | 2,427,918 | |||
AltaGas, Ltd. | 22,251 | 490,136 | |||
Atco, Ltd., Class I | 993 | 32,614 | |||
Ballard Power Systems, Inc. (A) | 18,531 | 211,992 | |||
Bank of Montreal | 49,048 | 5,600,566 | |||
Barrick Gold Corp. | 134,122 | 3,031,633 | |||
BCE, Inc. | 7,078 | 371,742 | |||
BlackBerry, Ltd. (A) | 40,755 | 279,738 | |||
Brookfield Asset Management Reinsurance Partners, Ltd., Class A (A) | 349 | 19,346 | |||
Brookfield Asset Management, Inc., Class A | 106,548 | 5,822,943 | |||
CAE, Inc. (A) | 24,475 | 654,791 | |||
Cameco Corp. | 30,116 | 740,604 | |||
Canadian Apartment Properties REIT | 7,222 | 300,618 | |||
Canadian Imperial Bank of Commerce | 34,217 | 4,330,914 | |||
Canadian National Railway Company | 53,293 | 6,611,275 | |||
Canadian Natural Resources, Ltd. | 89,175 | 4,981,840 | |||
Canadian Pacific Railway, Ltd. | 70,100 | 4,936,036 | |||
Canadian Tire Corp., Ltd., Class A | 4,483 | 660,937 | |||
Canadian Utilities, Ltd., Class A | 10,946 | 304,847 | |||
Canopy Growth Corp. (A)(C) | 18,590 | 132,587 | |||
CCL Industries, Inc., Class B | 11,977 | 539,934 | |||
Cenovus Energy, Inc. | 99,158 | 1,559,147 | |||
CGI, Inc. (A) | 16,930 | 1,388,060 | |||
CI Financial Corp. | 1,189 | 19,465 | |||
Constellation Software, Inc. | 1,525 | 2,570,133 | |||
Dollarama, Inc. | 22,064 | 1,140,191 | |||
Emera, Inc. | 20,115 | 941,080 | |||
Empire Company, Ltd., Class A | 13,364 | 413,941 | |||
Enbridge, Inc. | 153,380 | 6,626,500 | |||
Fairfax Financial Holdings, Ltd. | 1,934 | 937,551 | |||
First Capital Real Estate Investment Trust | 895 | 12,816 | |||
First Quantum Minerals, Ltd. | 44,506 | 1,305,158 | |||
FirstService Corp. | 3,072 | 437,327 | |||
Fortis, Inc. | 36,523 | 1,673,575 | |||
Franco-Nevada Corp. | 14,483 | 2,132,857 | |||
George Weston, Ltd. | 5,936 | 643,664 | |||
GFL Environmental, Inc. | 12,030 | 351,741 | |||
Gildan Activewear, Inc. | 15,529 | 609,643 | |||
Great-West Lifeco, Inc. (C) | 23,767 | 714,979 | |||
Hydro One, Ltd. (B) | 26,205 | 647,114 | |||
iA Financial Corp., Inc. | 9,147 | 543,480 | |||
IGM Financial, Inc. | 7,638 | 271,352 | |||
Imperial Oil, Ltd. | 18,894 | 848,031 | |||
Intact Financial Corp. | 13,518 | 1,938,806 | |||
Ivanhoe Mines, Ltd., Class A (A) | 46,154 | 469,733 | |||
Keyera Corp. (C) | 17,443 | 408,586 | |||
Kinross Gold Corp. | 97,447 | 485,890 | |||
Lightspeed Commerce, Inc. (A) | 8,317 | 218,506 |
The accompanying notes are an integral part of the financial statements. | 36 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Canada (continued) | |||||
Loblaw Companies, Ltd. | 13,220 | $ | 1,031,212 | ||
Lundin Mining Corp. | 50,955 | 491,660 | |||
Magna International, Inc. | 21,781 | 1,618,238 | |||
Metro, Inc. | 18,993 | 991,382 | |||
National Bank of Canada | 25,876 | 2,074,775 | |||
Northland Power, Inc. | 17,669 | 561,784 | |||
Nutrien, Ltd. | 43,170 | 3,712,790 | |||
Nuvei Corp. (A) | 4,367 | 237,076 | |||
Onex Corp. | 6,395 | 429,461 | |||
Open Text Corp. | 21,277 | 925,948 | |||
Pan American Silver Corp. | 16,107 | 380,977 | |||
Parkland Corp. | 11,759 | 307,729 | |||
Pembina Pipeline Corp. | 41,909 | 1,425,071 | |||
Power Corp. of Canada | 45,072 | 1,390,031 | |||
Quebecor, Inc., Class B | 13,542 | 296,161 | |||
Restaurant Brands International, Inc. | 21,853 | 1,223,251 | |||
RioCan Real Estate Investment Trust | 13,572 | 268,977 | |||
Ritchie Brothers Auctioneers, Inc. | 8,485 | 444,701 | |||
Rogers Communications, Inc., Class B | 27,450 | 1,418,304 | |||
Royal Bank of Canada | 107,895 | 11,935,273 | |||
Saputo, Inc. | 19,625 | 480,909 | |||
Shaw Communications, Inc., Class B | 34,872 | 1,045,747 | |||
Shopify, Inc., Class A (A) | 8,509 | 5,907,092 | |||
SmartCentres Real Estate Investment Trust | 809 | 20,303 | |||
Sun Life Financial, Inc. | 46,392 | 2,439,835 | |||
Suncor Energy, Inc. | 112,109 | 3,428,280 | |||
TC Energy Corp. | 74,063 | 3,979,243 | |||
Teck Resources, Ltd., Class B | 35,718 | 1,286,130 | |||
TELUS Corp. (C) | 35,809 | 904,336 | |||
TFI International, Inc. | 6,452 | 672,535 | |||
The Bank of Nova Scotia | 92,127 | 6,676,028 | |||
The Toronto-Dominion Bank | 137,254 | 11,075,613 | |||
Thomson Reuters Corp. | 13,493 | 1,364,310 | |||
TMX Group, Ltd. | 4,668 | 471,551 | |||
Toromont Industries, Ltd. | 6,456 | 547,245 | |||
Tourmaline Oil Corp. | 23,477 | 926,114 | |||
West Fraser Timber Company, Ltd. | 7,312 | 729,873 | |||
Wheaton Precious Metals Corp. | 34,186 | 1,497,981 | |||
WSP Global, Inc. | 8,975 | 1,101,146 | |||
150,294,346 | |||||
Chile - 0.2% | |||||
Antofagasta PLC | 20,959 | 424,377 | |||
Banco de Chile | 3,280,051 | 347,758 | |||
Banco de Credito e Inversiones SA | 4,011 | 143,455 | |||
Banco Santander Chile | 4,547,348 | 223,292 | |||
Cencosud SA | 103,445 | 190,190 | |||
Cia Cervecerias Unidas SA | 10,415 | 82,725 | |||
Empresas CMPC SA | 82,861 | 137,003 | |||
Empresas COPEC SA | 28,377 | 220,050 | |||
Enel Americas SA | 1,555,493 | 182,135 | |||
Enel Chile SA | 2,040,444 | 67,014 | |||
Falabella SA | 54,741 | 180,234 | |||
2,198,233 | |||||
China - 7.0% | |||||
360 DigiTech, Inc., ADR | 5,200 | 97,500 | |||
3SBio, Inc. (A)(B) | 76,600 | 60,879 | |||
51job, Inc., ADR (A) | 1,800 | 93,240 | |||
AAC Technologies Holdings, Inc. | 44,100 | 120,578 | |||
Agile Group Holdings, Ltd. | 75,900 | 34,582 | |||
Agora, Inc., ADR (A) | 2,900 | 35,032 | |||
Agricultural Bank of China, Ltd., H Shares | 1,587,200 | 601,103 | |||
Air China, Ltd., H Shares (A) | 103,300 | 79,446 | |||
Airtac International Group | 9,000 | 299,359 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Akeso, Inc. (A)(B) | 17,000 | $ | 44,893 | ||
Alibaba Group Holding, Ltd. (A) | 915,301 | 12,048,890 | |||
A-Living Smart City Services Company, Ltd. (B) | 34,250 | 61,394 | |||
Aluminum Corp. of China, Ltd., H Shares (A) | 236,600 | 167,235 | |||
Anhui Conch Cement Company, Ltd., H Shares | 74,600 | 400,343 | |||
Anhui Gujing Distillery Company, Ltd., B Shares | 6,100 | 89,444 | |||
ANTA Sports Products, Ltd. | 65,100 | 994,286 | |||
Autohome, Inc., ADR | 4,700 | 143,773 | |||
AviChina Industry & Technology Company, Ltd., H Shares | 154,000 | 95,609 | |||
Baidu, Inc., ADR (A) | 16,800 | 2,560,992 | |||
Bank of China, Ltd., H Shares | 4,819,600 | 1,876,280 | |||
Bank of Communications Company, Ltd., H Shares | 521,900 | 357,778 | |||
BeiGene, Ltd., ADR (A) | 2,800 | 589,456 | |||
Beijing Capital International Airport Company, Ltd., H Shares (A) | 106,900 | 68,471 | |||
Bilibili, Inc., ADR (A)(C) | 9,900 | 312,939 | |||
BYD Company, Ltd., H Shares | 47,500 | 1,471,900 | |||
BYD Electronic International Company, Ltd. | 41,400 | 116,823 | |||
CanSino Biologics, Inc., H Shares (A)(B) | 4,800 | 86,752 | |||
CGN Power Company, Ltd., H Shares (B) | 614,000 | 174,076 | |||
China Bohai Bank Company, Ltd., H Shares (B) | 193,500 | 32,266 | |||
China Cinda Asset Management Company, Ltd., H Shares | 582,200 | 105,095 | |||
China CITIC Bank Corp., Ltd., H Shares | 542,000 | 254,693 | |||
China Coal Energy Company, Ltd., H Shares | 123,000 | 76,670 | |||
China Communications Services Corp., Ltd., H Shares | 147,200 | 80,757 | |||
China Conch Venture Holdings, Ltd. | 99,300 | 477,856 | |||
China Construction Bank Corp., H Shares | 5,810,500 | 4,357,673 | |||
China Everbright Bank Company, Ltd., H Shares | 191,000 | 71,034 | |||
China Evergrande Group (C) | 235,900 | 48,281 | |||
China Feihe, Ltd. (B) | 214,000 | 255,358 | |||
China Galaxy Securities Company, Ltd., H Shares | 226,000 | 129,359 | |||
China Hongqiao Group, Ltd. | 138,000 | 193,201 | |||
China Huishan Dairy Holdings Company, Ltd. (A)(D) | 175,000 | 0 | |||
China International Capital Corp., Ltd., H Shares (B) | 87,600 | 213,124 | |||
China Lesso Group Holdings, Ltd. | 66,000 | 101,613 | |||
China Life Insurance Company, Ltd., H Shares | 456,200 | 755,755 | |||
China Literature, Ltd. (A)(B) | 24,200 | 131,337 | |||
China Longyuan Power Group Corp., Ltd., H Shares | 200,700 | 414,163 | |||
China Medical System Holdings, Ltd. | 81,300 | 144,767 | |||
China Meidong Auto Holdings, Ltd. | 34,000 | 160,089 | |||
China Merchants Bank Company, Ltd., H Shares | 234,700 | 1,978,360 | |||
China Minsheng Banking Corp., Ltd., H Shares (C) | 344,020 | 133,995 | |||
China Molybdenum Company, Ltd., H Shares | 201,100 | 121,043 |
The accompanying notes are an integral part of the financial statements. | 37 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
China National Building Material Company, Ltd., H Shares | 247,700 | $ | 317,757 | ||
China Oilfield Services, Ltd., H Shares | 108,000 | 123,120 | |||
China Pacific Insurance Group Company, Ltd., H Shares | 161,800 | 450,545 | |||
China Petroleum & Chemical Corp., H Shares | 1,469,300 | 730,958 | |||
China Railway Group, Ltd., H Shares | 241,600 | 141,857 | |||
China Resources Mixc Lifestyle Services, Ltd. (B) | 34,000 | 174,885 | |||
China Shenhua Energy Company, Ltd., H Shares | 203,500 | 560,843 | |||
China Southern Airlines Company, Ltd., H Shares (A) | 96,800 | 61,242 | |||
China Suntien Green Energy Corp., Ltd., H Shares | 104,000 | 69,278 | |||
China Tower Corp., Ltd., H Shares (B) | 2,512,000 | 292,783 | |||
China Vanke Company, Ltd., H Shares | 102,400 | 243,219 | |||
China Yuhua Education Corp., Ltd. (B) | 116,000 | 30,032 | |||
Chinasoft International, Ltd. (A) | 156,000 | 142,335 | |||
Chindata Group Holdings, Ltd., ADR (A) | 6,900 | 37,881 | |||
CIFI Ever Sunshine Services Group, Ltd. | 46,000 | 83,654 | |||
CIFI Holdings Group Company, Ltd. | 214,000 | 149,096 | |||
CITIC Securities Company, Ltd., H Shares | 159,700 | 386,906 | |||
CITIC, Ltd. | 355,600 | 414,958 | |||
COSCO SHIPPING Holdings Company, Ltd., H Shares (A) | 202,600 | 409,500 | |||
Country Garden Holdings Company, Ltd. | 480,300 | 373,160 | |||
Country Garden Services Holdings Company, Ltd. | 107,000 | 640,069 | |||
CRRC Corp., Ltd., H Shares | 272,000 | 120,886 | |||
CSPC Pharmaceutical Group, Ltd. | 540,096 | 640,210 | |||
Dada Nexus, Ltd., ADR (A) | 3,500 | 29,085 | |||
Dali Foods Group Company, Ltd. (B) | 118,500 | 62,412 | |||
Daqo New Energy Corp., ADR (A) | 3,600 | 172,656 | |||
DiDi Global, Inc., ADR (A) | 18,000 | 73,800 | |||
Dongfeng Motor Group Company, Ltd., H Shares | 167,300 | 144,000 | |||
Dongyue Group, Ltd. | 89,000 | 129,116 | |||
ENN Energy Holdings, Ltd. | 47,600 | 689,362 | |||
Flat Glass Group Company, Ltd., H Shares | 25,000 | 103,379 | |||
Fosun International, Ltd. | 154,000 | 167,091 | |||
Fuyao Glass Industry Group Company, Ltd., H Shares (B) | 35,700 | 175,148 | |||
Ganfeng Lithium Company, Ltd., H Shares (B) | 15,600 | 264,766 | |||
GDS Holdings, Ltd., ADR (A) | 5,300 | 235,956 | |||
Genscript Biotech Corp. (A) | 70,000 | 277,551 | |||
GF Securities Company, Ltd., H Shares | 69,000 | 103,588 | |||
GOME Retail Holdings, Ltd. (A) | 679,200 | 50,543 | |||
Great Wall Motor Company, Ltd., H Shares | 186,900 | 393,481 | |||
Greentown China Holdings, Ltd. | 51,500 | 77,357 | |||
Greentown Service Group Company, Ltd. | 86,000 | 86,389 | |||
Guangzhou Automobile Group Company, Ltd., H Shares | 177,080 | 175,318 | |||
Guangzhou R&F Properties Company, Ltd., H Shares (C) | 108,400 | 46,146 | |||
Haidilao International Holding, Ltd. (B)(C) | 66,000 | 151,977 | |||
Haier Smart Home Company, Ltd., H Shares | 134,920 | 472,770 | |||
Haitian International Holdings, Ltd. | 38,400 | 102,309 | |||
Haitong Securities Company, Ltd., H Shares | 171,700 | 147,746 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Hangzhou Tigermed Consulting Company, Ltd., H Shares (B) | 7,400 | $ | 83,258 | ||
Hansoh Pharmaceutical Group Company, Ltd. (B) | 72,000 | 153,698 | |||
Hello Group, Inc., ADR | 9,600 | 91,488 | |||
Hengan International Group Company, Ltd. | 39,600 | 210,010 | |||
Hua Hong Semiconductor, Ltd. (A)(B) | 32,000 | 166,713 | |||
Huaneng Power International, Inc., H Shares | 213,700 | 125,445 | |||
Huatai Securities Company, Ltd., H Shares (B) | 95,900 | 157,017 | |||
Huazhu Group, Ltd., ADR (A) | 10,800 | 446,688 | |||
Hygeia Healthcare Holdings Company, Ltd. (B) | 20,600 | 112,464 | |||
I-Mab, ADR (A) | 2,300 | 56,856 | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 3,407,800 | 2,034,304 | |||
Innovent Biologics, Inc. (A)(B) | 70,000 | 315,909 | |||
iQIYI, Inc., ADR (A) | 16,700 | 69,138 | |||
JD Health International, Inc. (A)(B) | 20,800 | 155,245 | |||
JD.com, Inc., Class A (A) | 104,674 | 3,738,891 | |||
Jiangsu Expressway Company, Ltd., H Shares | 74,900 | 80,139 | |||
Jiangxi Copper Company, Ltd., H Shares | 67,400 | 121,320 | |||
Jinxin Fertility Group, Ltd. (A)(B) | 75,500 | 88,281 | |||
Jiumaojiu International Holdings, Ltd. (B) | 43,000 | 96,600 | |||
Kanzhun, Ltd., ADR (A) | 4,100 | 132,430 | |||
KE Holdings, Inc., ADR (A) | 21,600 | 419,256 | |||
Kingdee International Software Group Company, Ltd. (A) | 156,000 | 385,576 | |||
Kingsoft Cloud Holdings, Ltd., ADR (A) | 3,200 | 21,568 | |||
Kingsoft Corp., Ltd. | 57,200 | 213,917 | |||
Kuaishou Technology (A)(B) | 28,500 | 329,814 | |||
KWG Group Holdings, Ltd. | 83,000 | 38,863 | |||
Lenovo Group, Ltd. | 436,000 | 485,516 | |||
Li Auto, Inc., ADR (A) | 33,300 | 1,013,985 | |||
Li Ning Company, Ltd. | 135,000 | 1,348,401 | |||
Logan Group Company, Ltd. (C) | 86,000 | 28,575 | |||
Longfor Group Holdings, Ltd. (B) | 109,400 | 585,019 | |||
Meituan, Class B (A)(B) | 246,400 | 5,473,815 | |||
Microport Scientific Corp. | 38,100 | 105,978 | |||
Ming Yuan Cloud Group Holdings, Ltd. (A) | 35,000 | 69,079 | |||
Minth Group, Ltd. | 44,000 | 159,096 | |||
NetEase, Inc. | 121,200 | 2,344,215 | |||
New China Life Insurance Company, Ltd., H Shares | 56,300 | 161,124 | |||
New Oriental Education & Technology Group, Inc., ADR (A) | 93,900 | 141,789 | |||
NIO, Inc., ADR (A) | 82,100 | 1,875,164 | |||
Noah Holdings, Ltd., ADR (A) | 2,200 | 62,392 | |||
Nongfu Spring Company, Ltd., H Shares (B)(C) | 105,800 | 663,526 | |||
PetroChina Company, Ltd., H Shares | 1,270,700 | 680,620 | |||
Pharmaron Beijing Company, Ltd., H Shares (B) | 8,000 | 96,992 | |||
PICC Property & Casualty Company, Ltd., H Shares | 424,950 | 448,572 | |||
Pinduoduo, Inc., ADR (A) | 26,500 | 1,374,290 | |||
Ping An Healthcare and Technology Company, Ltd. (A)(B)(C) | 27,200 | 84,290 | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 382,300 | 2,964,226 |
The accompanying notes are an integral part of the financial statements. | 38 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Postal Savings Bank of China Company, Ltd., H Shares (B) | 483,000 | $ | 396,584 | ||
Powerlong Real Estate Holdings, Ltd. | 89,000 | 42,660 | |||
RLX Technology, Inc., ADR (A)(C) | 37,300 | 114,884 | |||
Sany Heavy Equipment International Holdings Company, Ltd. | 65,000 | 67,405 | |||
Seazen Group, Ltd. (A) | 132,000 | 69,651 | |||
Shandong Gold Mining Company, Ltd., H Shares (B) | 36,750 | 69,009 | |||
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares | 150,000 | 207,119 | |||
Shanghai Baosight Software Company, Ltd., Class B | 22,600 | 97,599 | |||
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares | 30,100 | 120,686 | |||
Shanghai Lujiazui Finance & Trade Zone Development Company, Ltd., B Shares | 58,280 | 51,999 | |||
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares | 47,300 | 85,380 | |||
Shenzhou International Group Holdings, Ltd. | 49,800 | 836,472 | |||
Shimao Services Holdings, Ltd. (B) | 36,000 | 26,310 | |||
Silergy Corp. | 5,000 | 666,256 | |||
Sinopharm Group Company, Ltd., H Shares | 81,900 | 198,541 | |||
Sinotruk Hong Kong, Ltd. | 43,000 | 64,185 | |||
Smoore International Holdings, Ltd. (B) | 108,000 | 400,902 | |||
Sunac China Holdings, Ltd. | 199,300 | 162,908 | |||
Sunac Services Holdings, Ltd. (B) | 65,000 | 55,553 | |||
Sunny Optical Technology Group Company, Ltd. | 42,900 | 1,028,054 | |||
TAL Education Group, ADR (A) | 25,500 | 72,420 | |||
Tencent Holdings, Ltd. | 337,400 | 18,206,550 | |||
Tencent Music Entertainment Group, ADR (A) | 40,600 | 218,834 | |||
The People's Insurance Company Group of China, Ltd., H Shares | 512,200 | 164,716 | |||
Tingyi Cayman Islands Holding Corp. | 116,700 | 258,187 | |||
Tongcheng Travel Holdings, Ltd. (A) | 59,200 | 110,257 | |||
Topsports International Holdings, Ltd. (B) | 92,000 | 95,637 | |||
TravelSky Technology, Ltd., H Shares | 55,500 | 104,671 | |||
Trip.com Group, Ltd., ADR (A) | 30,800 | 795,256 | |||
Tsingtao Brewery Company, Ltd., H Shares | 33,000 | 317,488 | |||
Uni-President China Holdings, Ltd. | 76,000 | 79,030 | |||
Venus MedTech Hangzhou, Inc., H Shares (A)(B)(C) | 13,000 | 36,143 | |||
Vipshop Holdings, Ltd., ADR (A) | 27,300 | 236,691 | |||
VNET Group, Inc., ADR (A) | 5,700 | 44,859 | |||
Want Want China Holdings, Ltd. | 283,500 | 301,793 | |||
Weibo Corp., ADR (A) | 3,780 | 103,685 | |||
Weichai Power Company, Ltd., H Shares | 117,000 | 197,979 | |||
Weimob, Inc. (A)(B)(C) | 114,000 | 75,394 | |||
WuXi AppTec Company, Ltd., H Shares (B) | 20,883 | 297,258 | |||
Wuxi Biologics Cayman, Inc. (A)(B) | 217,000 | 1,794,898 | |||
Xiaomi Corp., Class B (A)(B) | 861,800 | 1,622,096 | |||
Xinjiang Goldwind Science & Technology Company, Ltd., H Shares (C) | 47,800 | 78,209 | |||
Xinyi Solar Holdings, Ltd. | 294,000 | 534,012 | |||
XPeng, Inc., ADR (A) | 23,400 | 851,058 | |||
Yadea Group Holdings, Ltd. (B) | 70,000 | 103,847 | |||
Yankuang Energy Group Company, Ltd., H Shares | 90,700 | 223,162 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Yihai International Holding, Ltd. (A) | 28,000 | $ | 117,155 | ||
Yum China Holdings, Inc. | 25,384 | 1,320,476 | |||
Zai Lab, Ltd., ADR (A) | 4,600 | 251,620 | |||
Zhejiang Expressway Company, Ltd., H Shares | 91,800 | 82,814 | |||
ZhongAn Online P&C Insurance Company, Ltd., H Shares (A)(B) | 29,600 | 97,426 | |||
Zhongsheng Group Holdings, Ltd. | 35,500 | 247,894 | |||
Zhuzhou CRRC Times Electric Company, Ltd. | 33,100 | 172,534 | |||
Zijin Mining Group Company, Ltd., H Shares | 343,200 | 509,371 | |||
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares | 84,800 | 56,409 | |||
ZTE Corp., H Shares | 46,100 | 113,570 | |||
ZTO Express Cayman, Inc., ADR | 26,200 | 771,328 | |||
109,685,098 | |||||
Colombia - 0.1% | |||||
Bancolombia SA | 45,438 | 450,571 | |||
Ecopetrol SA | 891,789 | 739,117 | |||
Grupo de Inversiones Suramericana SA | 21,521 | 174,650 | |||
Interconexion Electrica SA ESP | 80,079 | 494,264 | |||
1,858,602 | |||||
Czech Republic - 0.0% | |||||
CEZ AS | 8,829 | 335,900 | |||
Komercni banka AS | 4,148 | 163,184 | |||
Moneta Money Bank AS (B) | 19,540 | 77,328 | |||
576,412 | |||||
Denmark - 1.4% | |||||
A.P. Moller - Maersk A/S, Series A | 160 | 479,755 | |||
A.P. Moller - Maersk A/S, Series B | 320 | 1,012,324 | |||
Ambu A/S, Class B (C) | 9,010 | 166,151 | |||
Carlsberg A/S, Class B | 5,406 | 792,788 | |||
Chr. Hansen Holding A/S | 5,611 | 409,066 | |||
Coloplast A/S, B Shares | 6,311 | 949,415 | |||
Danske Bank A/S | 37,387 | 633,262 | |||
Demant A/S (A) | 5,735 | 242,365 | |||
DSV A/S | 10,955 | 2,016,342 | |||
Genmab A/S (A) | 3,522 | 1,183,732 | |||
GN Store Nord A/S | 6,653 | 351,698 | |||
Novo Nordisk A/S, B Shares | 90,317 | 9,346,316 | |||
Novozymes A/S, B Shares | 10,936 | 717,759 | |||
Orsted A/S (B) | 10,129 | 1,310,835 | |||
Pandora A/S | 5,356 | 548,440 | |||
Rockwool International A/S, B Shares | 449 | 153,922 | |||
Tryg A/S | 19,670 | 445,050 | |||
Vestas Wind Systems A/S | 54,236 | 1,748,932 | |||
22,508,152 | |||||
Finland - 0.5% | |||||
Elisa OYJ | 5,652 | 313,162 | |||
Fortum OYJ | 18,090 | 378,585 | |||
Kesko OYJ, B Shares | 11,080 | 326,082 | |||
Kone OYJ, B Shares | 13,940 | 813,451 | |||
Neste OYJ | 17,231 | 671,918 | |||
Nokia OYJ (A) | 221,400 | 1,197,188 | |||
Nordea Bank ABP | 179,191 | 1,982,485 | |||
Orion OYJ, Class B | 4,299 | 201,877 | |||
Sampo OYJ, A Shares | 20,961 | 989,038 | |||
Stora Enso OYJ, R Shares | 23,890 | 454,964 | |||
UPM-Kymmene OYJ | 21,835 | 754,471 | |||
Wartsila OYJ ABP | 19,389 | 217,149 | |||
8,300,370 |
The accompanying notes are an integral part of the financial statements. | 39 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
France - 7.3% | |||||
Accor SA (A) | 10,870 | $ | 371,247 | ||
Aeroports de Paris (A) | 1,880 | 265,813 | |||
Air Liquide SA | 30,762 | 5,109,738 | |||
Airbus SE | 38,353 | 4,896,887 | |||
Alstom SA | 20,651 | 525,361 | |||
Amundi SA (B) | 4,230 | 293,376 | |||
Arkema SA | 3,987 | 528,746 | |||
AXA SA | 127,456 | 3,448,664 | |||
BioMerieux | 2,681 | 294,673 | |||
BNP Paribas SA | 73,103 | 4,241,780 | |||
Bollore SA | 55,616 | 281,424 | |||
Bouygues SA | 14,863 | 531,473 | |||
Bureau Veritas SA | 18,873 | 539,634 | |||
Capgemini SE | 10,380 | 2,172,846 | |||
Carrefour SA | 40,803 | 820,316 | |||
Cie de Saint-Gobain | 32,899 | 2,039,910 | |||
Cie Generale des Etablissements Michelin SCA | 10,989 | 1,512,723 | |||
CNP Assurances | 11,812 | 287,898 | |||
Covivio | 3,265 | 267,112 | |||
Credit Agricole SA | 80,979 | 1,031,541 | |||
Danone SA | 42,396 | 2,579,346 | |||
Dassault Aviation SA | 1,642 | 244,347 | |||
Dassault Systemes SE | 42,990 | 2,073,682 | |||
Edenred | 16,091 | 732,221 | |||
Eiffage SA | 5,364 | 546,400 | |||
Electricite de France SA | 31,030 | 280,528 | |||
Engie SA | 118,320 | 1,885,132 | |||
EssilorLuxottica SA | 18,616 | 3,249,807 | |||
Eurazeo SE | 2,532 | 195,574 | |||
Faurecia SE (C) | 7,583 | 285,531 | |||
Gecina SA (C) | 2,904 | 369,044 | |||
Getlink SE | 27,977 | 456,288 | |||
Hermes International | 2,053 | 2,831,169 | |||
Ipsen SA | 2,425 | 282,173 | |||
Kering SA | 4,869 | 3,377,310 | |||
Klepierre SA (A) | 13,066 | 373,487 | |||
La Francaise des Jeux SAEM (B) | 6,083 | 252,155 | |||
Legrand SA | 17,337 | 1,635,578 | |||
L'Oreal SA | 16,285 | 6,437,869 | |||
LVMH Moet Hennessy Louis Vuitton SE | 18,018 | 13,241,547 | |||
Orange SA | 129,111 | 1,561,175 | |||
Orpea SA | 3,384 | 140,133 | |||
Pernod Ricard SA | 13,598 | 2,968,455 | |||
Publicis Groupe SA | 14,780 | 980,888 | |||
Remy Cointreau SA | 1,456 | 280,212 | |||
Renault SA (A) | 12,449 | 390,128 | |||
Safran SA | 22,296 | 2,834,879 | |||
Sanofi | 73,881 | 7,722,988 | |||
Sartorius Stedim Biotech | 1,793 | 687,564 | |||
Schneider Electric SE | 35,123 | 5,441,834 | |||
SEB SA | 1,761 | 256,113 | |||
Societe Generale SA | 53,025 | 1,499,420 | |||
Sodexo SA | 5,707 | 476,460 | |||
Teleperformance | 3,802 | 1,410,782 | |||
Thales SA | 6,988 | 798,890 | |||
TotalEnergies SE | 162,696 | 8,288,606 | |||
Ubisoft Entertainment SA (A) | 5,971 | 320,148 | |||
Unibail-Rodamco-Westfield (Euronext Amsterdam Exchange) (A) | 8,052 | 613,772 | |||
Valeo | 14,802 | 326,446 | |||
Veolia Environnement SA | 42,357 | 1,476,853 | |||
Vinci SA | 34,931 | 3,662,574 | |||
Vivendi SE | 50,067 | 632,036 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
France (continued) | |||||
Wendel SE | 1,666 | $ | 169,130 | ||
Worldline SA (A)(B) | 15,498 | 790,295 | |||
114,520,131 | |||||
Germany - 4.3% | |||||
adidas AG | 10,220 | 2,416,441 | |||
Allianz SE | 22,378 | 5,044,403 | |||
BASF SE | 49,355 | 3,286,371 | |||
Bayer AG | 52,677 | 3,042,787 | |||
Bayerische Motoren Werke AG | 17,830 | 1,717,162 | |||
Bechtle AG | 4,293 | 220,215 | |||
Beiersdorf AG | 5,367 | 544,043 | |||
Brenntag SE | 8,233 | 690,195 | |||
Carl Zeiss Meditec AG, Bearer Shares | 2,160 | 338,980 | |||
Commerzbank AG (A) | 52,418 | 438,064 | |||
Continental AG (A) | 5,914 | 503,952 | |||
Covestro AG (B) | 10,460 | 553,186 | |||
Daimler Truck Holding AG (A) | 22,174 | 675,767 | |||
Delivery Hero SE (A)(B) | 8,665 | 464,451 | |||
Deutsche Bank AG (A) | 111,750 | 1,379,534 | |||
Deutsche Boerse AG | 10,225 | 1,740,532 | |||
Deutsche Lufthansa AG (A) | 31,813 | 241,622 | |||
Deutsche Post AG | 53,195 | 2,673,704 | |||
Deutsche Telekom AG | 178,872 | 3,206,231 | |||
E.ON SE | 119,156 | 1,620,710 | |||
Evonik Industries AG | 11,193 | 336,928 | |||
Fresenius Medical Care AG & Company KGaA | 11,001 | 705,811 | |||
Fresenius SE & Company KGaA | 22,537 | 786,368 | |||
GEA Group AG | 8,104 | 354,379 | |||
Hannover Rueck SE | 3,356 | 617,847 | |||
HeidelbergCement AG | 7,953 | 516,047 | |||
HelloFresh SE (A) | 8,818 | 480,987 | |||
Henkel AG & Company KGaA | 5,360 | 412,116 | |||
Infineon Technologies AG | 70,409 | 2,382,359 | |||
KION Group AG | 3,850 | 308,641 | |||
Knorr-Bremse AG | 3,813 | 336,155 | |||
LANXESS AG | 4,558 | 222,029 | |||
LEG Immobilien SE | 3,907 | 502,403 | |||
Mercedes-Benz Group AG | 46,005 | 3,593,897 | |||
Merck KGaA | 6,953 | 1,379,113 | |||
MTU Aero Engines AG | 2,895 | 693,025 | |||
Muenchener Rueckversicherungs-Gesellschaft AG | 7,665 | 2,102,800 | |||
Nemetschek SE | 3,014 | 267,437 | |||
Puma SE | 5,610 | 514,463 | |||
Rational AG | 269 | 197,974 | |||
RWE AG | 34,314 | 1,588,842 | |||
SAP SE | 56,054 | 6,323,130 | |||
Scout24 SE (B) | 4,595 | 268,029 | |||
Siemens AG | 41,106 | 5,791,125 | |||
Siemens Energy AG | 21,456 | 510,305 | |||
Siemens Healthineers AG (B) | 15,122 | 970,388 | |||
Symrise AG | 6,849 | 814,667 | |||
Telefonica Deutschland Holding AG | 52,196 | 142,435 | |||
Uniper SE | 4,557 | 145,784 | |||
United Internet AG | 5,008 | 170,314 | |||
Volkswagen AG | 1,709 | 442,016 | |||
Vonovia SE | 39,593 | 2,101,722 | |||
Zalando SE (A)(B) | 11,903 | 787,822 | |||
67,565,708 | |||||
Hong Kong - 2.1% | |||||
AIA Group, Ltd. | 633,400 | 6,577,127 |
The accompanying notes are an integral part of the financial statements. | 40 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Hong Kong (continued) | |||||
Alibaba Health Information Technology, Ltd. (A) | 241,100 | $ | 168,826 | ||
Alibaba Pictures Group, Ltd. (A) | 705,600 | 70,545 | |||
Beijing Enterprises Holdings, Ltd. | 31,000 | 105,974 | |||
Beijing Enterprises Water Group, Ltd. | 262,500 | 103,710 | |||
BOC Hong Kong Holdings, Ltd. | 193,500 | 695,645 | |||
Bosideng International Holdings, Ltd. | 194,000 | 110,380 | |||
Brilliance China Automotive Holdings, Ltd. (A) | 193,500 | 89,010 | |||
Budweiser Brewing Company APAC, Ltd. (B) | 89,800 | 278,737 | |||
China Education Group Holdings, Ltd. | 49,000 | 41,980 | |||
China Everbright Environment Group, Ltd. | 224,200 | 160,970 | |||
China Everbright, Ltd. | 8,400 | 9,251 | |||
China Gas Holdings, Ltd. | 186,400 | 294,581 | |||
China Jinmao Holdings Group, Ltd. | 336,900 | 112,034 | |||
China Mengniu Dairy Company, Ltd. (A) | 189,900 | 1,234,810 | |||
China Merchants Port Holdings Company, Ltd. | 90,300 | 170,251 | |||
China Overseas Land & Investment, Ltd. | 232,000 | 708,335 | |||
China Overseas Property Holdings, Ltd. | 75,000 | 81,430 | |||
China Power International Development, Ltd. | 323,000 | 183,089 | |||
China Resources Beer Holdings Company, Ltd. | 87,200 | 691,444 | |||
China Resources Cement Holdings, Ltd. | 148,000 | 126,642 | |||
China Resources Gas Group, Ltd. | 55,100 | 253,074 | |||
China Resources Land, Ltd. | 193,700 | 942,215 | |||
China Resources Power Holdings Company, Ltd. | 115,100 | 257,084 | |||
China Ruyi Holdings, Ltd. (A)(C) | 168,000 | 50,001 | |||
China State Construction International Holdings, Ltd. | 121,500 | 171,110 | |||
China Taiping Insurance Holdings Company, Ltd. | 104,600 | 123,805 | |||
China Traditional Chinese Medicine Holdings Company, Ltd. | 168,000 | 95,770 | |||
China Youzan, Ltd. (A) | 812,000 | 26,098 | |||
Chow Tai Fook Jewellery Group, Ltd. (A) | 103,400 | 214,714 | |||
CK Asset Holdings, Ltd. | 104,500 | 660,027 | |||
CK Hutchison Holdings, Ltd. | 141,500 | 992,066 | |||
CK Infrastructure Holdings, Ltd. | 33,500 | 207,968 | |||
CLP Holdings, Ltd. | 85,500 | 871,013 | |||
COSCO SHIPPING Ports, Ltd. | 109,700 | 90,401 | |||
ESR Cayman, Ltd. (A)(B) | 103,400 | 318,992 | |||
Far East Horizon, Ltd. | 104,800 | 89,318 | |||
Futu Holdings, Ltd., ADR (A)(C) | 2,700 | 115,425 | |||
Galaxy Entertainment Group, Ltd. (A) | 114,000 | 635,804 | |||
Geely Automobile Holdings, Ltd. | 355,300 | 661,797 | |||
Guangdong Investment, Ltd. | 176,900 | 238,053 | |||
Hang Lung Properties, Ltd. | 104,000 | 218,182 | |||
Hang Seng Bank, Ltd. | 39,400 | 726,579 | |||
Henderson Land Development Company, Ltd. | 75,041 | 311,986 | |||
HK Electric Investments, Ltd. | 118,500 | 116,919 | |||
HKT Trust & HKT, Ltd. | 192,000 | 259,075 | |||
Hong Kong & China Gas Company, Ltd. | 577,739 | 873,684 | |||
Hong Kong Exchanges & Clearing, Ltd. | 63,000 | 3,052,771 | |||
Hongkong Land Holdings, Ltd. | 59,400 | 321,675 | |||
Hopson Development Holdings, Ltd. (C) | 43,790 | 90,144 | |||
Huabao International Holdings, Ltd. (C) | 57,000 | 32,701 | |||
Hutchmed China, Ltd., ADR (A) | 5,200 | 141,700 | |||
Jardine Matheson Holdings, Ltd. | 11,300 | 673,731 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Hong Kong (continued) | |||||
Jinmao Property Services Company, Ltd. (A)(D) | 4,908 | $ | 1,247 | ||
Kingboard Holdings, Ltd. | 40,700 | 190,401 | |||
Kingboard Laminates Holdings, Ltd. | 56,500 | 94,149 | |||
Kunlun Energy Company, Ltd. | 234,900 | 231,067 | |||
Lee & Man Paper Manufacturing, Ltd. | 80,500 | 51,750 | |||
Link REIT | 108,000 | 872,727 | |||
Melco Resorts & Entertainment, Ltd., ADR (A) | 11,200 | 112,224 | |||
MTR Corp., Ltd. | 79,500 | 412,089 | |||
New World Development Company, Ltd. | 78,250 | 312,972 | |||
Nine Dragons Paper Holdings, Ltd. | 100,900 | 96,659 | |||
Power Assets Holdings, Ltd. | 71,000 | 447,479 | |||
Shenzhen International Holdings, Ltd. | 79,500 | 81,915 | |||
Shimao Group Holdings, Ltd. (C) | 78,400 | 47,048 | |||
Sino Biopharmaceutical, Ltd. | 621,350 | 396,648 | |||
Sino Land Company, Ltd. | 173,000 | 218,360 | |||
SITC International Holdings Company, Ltd. | 70,000 | 288,621 | |||
Sun Art Retail Group, Ltd. | 114,700 | 41,382 | |||
Sun Hung Kai Properties, Ltd. | 68,500 | 796,367 | |||
Swire Pacific, Ltd., Class A | 25,500 | 140,919 | |||
Swire Properties, Ltd. | 59,400 | 154,471 | |||
Techtronic Industries Company, Ltd. | 71,500 | 1,198,058 | |||
The Wharf Holdings, Ltd. | 82,000 | 296,675 | |||
Vinda International Holdings, Ltd. | 22,000 | 62,768 | |||
WH Group, Ltd. (B) | 439,500 | 306,936 | |||
Wharf Real Estate Investment Company, Ltd. | 87,000 | 390,568 | |||
Xinyi Glass Holdings, Ltd. | 95,000 | 253,056 | |||
Yuexiu Property Company, Ltd. | 81,800 | 81,822 | |||
33,427,031 | |||||
Hungary - 0.1% | |||||
MOL Hungarian Oil & Gas PLC | 27,914 | 217,738 | |||
OTP Bank NYRT (A) | 15,326 | 584,828 | |||
Richter Gedeon NYRT | 9,562 | 200,681 | |||
1,003,247 | |||||
Indonesia - 0.5% | |||||
Adaro Energy Tbk PT | 984,700 | 168,710 | |||
Aneka Tambang Tbk | 585,100 | 91,158 | |||
Astra International Tbk PT | 1,418,300 | 575,170 | |||
Bank Central Asia Tbk PT | 3,816,900 | 2,154,892 | |||
Bank Mandiri Persero Tbk PT | 1,286,300 | 695,427 | |||
Bank Negara Indonesia Persero Tbk PT | 525,000 | 294,165 | |||
Bank Rakyat Indonesia Persero Tbk PT | 4,705,500 | 1,504,632 | |||
Barito Pacific Tbk PT | 1,947,500 | 121,437 | |||
Charoen Pokphand Indonesia Tbk PT | 508,400 | 205,862 | |||
Gudang Garam Tbk PT | 34,500 | 75,604 | |||
Indah Kiat Pulp & Paper Tbk PT | 194,600 | 109,972 | |||
Indocement Tunggal Prakarsa Tbk PT | 102,800 | 78,753 | |||
Indofood CBP Sukses Makmur Tbk PT | 161,000 | 95,438 | |||
Indofood Sukses Makmur Tbk PT | 312,500 | 135,165 | |||
Kalbe Farma Tbk PT | 1,445,600 | 165,570 | |||
Merdeka Copper Gold Tbk PT (A) | 784,500 | 212,423 | |||
Sarana Menara Nusantara Tbk PT | 1,592,600 | 115,168 | |||
Semen Indonesia Persero Tbk PT | 209,600 | 105,876 | |||
Telkom Indonesia Persero Tbk PT | 3,426,900 | 1,034,626 | |||
Tower Bersama Infrastructure Tbk PT | 544,400 | 111,956 | |||
Unilever Indonesia Tbk PT | 522,800 | 134,530 | |||
United Tractors Tbk PT | 114,800 | 200,324 | |||
8,386,858 | |||||
Ireland - 0.6% | |||||
CRH PLC | 49,348 | 2,243,279 |
The accompanying notes are an integral part of the financial statements. | 41 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Ireland (continued) | |||||
DCC PLC | 5,257 | $ | 412,537 | ||
Experian PLC | 49,437 | 1,931,241 | |||
Flutter Entertainment PLC (A) | 10,542 | 1,518,137 | |||
James Hardie Industries PLC, CHESS Depositary Interest | 23,272 | 759,764 | |||
Kerry Group PLC, Class A | 10,055 | 1,197,947 | |||
Kingspan Group PLC | 9,734 | 950,646 | |||
Smurfit Kappa Group PLC | 7,144 | 356,788 | |||
Smurfit Kappa Group PLC (London Stock Exchange) | 8,098 | 401,842 | |||
9,772,181 | |||||
Israel - 0.4% | |||||
Azrieli Group, Ltd. | 2,623 | 223,773 | |||
Bank Hapoalim BM | 66,980 | 709,887 | |||
Bank Leumi Le-Israel BM | 84,960 | 920,365 | |||
Check Point Software Technologies, Ltd. (A) | 6,100 | 883,768 | |||
CyberArk Software, Ltd. (A) | 2,300 | 391,322 | |||
Fiverr International, Ltd. (A) | 1,700 | 134,147 | |||
ICL Group, Ltd. | 40,951 | 465,061 | |||
Inmode, Ltd. (A) | 2,900 | 123,801 | |||
Israel Discount Bank, Ltd., Class A | 69,551 | 458,630 | |||
Kornit Digital, Ltd. (A) | 2,700 | 256,041 | |||
Mizrahi Tefahot Bank, Ltd. | 8,542 | 333,816 | |||
Nice, Ltd. (A) | 3,614 | 817,516 | |||
Teva Pharmaceutical Industries, Ltd., ADR (A) | 63,900 | 519,507 | |||
Wix.com, Ltd. (A) | 3,200 | 293,056 | |||
6,530,690 | |||||
Italy - 2.1% | |||||
Amplifon SpA | 12,687 | 544,458 | |||
Assicurazioni Generali SpA | 115,546 | 2,285,141 | |||
Atlantia SpA (A) | 50,282 | 924,953 | |||
Davide Campari-Milano NV | 53,153 | 578,457 | |||
DiaSorin SpA | 2,576 | 385,511 | |||
Enel SpA | 831,563 | 6,127,755 | |||
Eni SpA | 256,971 | 3,997,121 | |||
Ferrari NV | 12,859 | 2,763,256 | |||
FinecoBank Banca Fineco SpA | 61,675 | 1,027,868 | |||
Infrastrutture Wireless Italiane SpA (B) | 33,774 | 344,878 | |||
Intesa Sanpaolo SpA | 1,684,010 | 4,304,890 | |||
Mediobanca Banca di Credito Finanziario SpA | 63,429 | 660,566 | |||
Moncler SpA | 20,964 | 1,258,893 | |||
Nexi SpA (A)(B) | 47,900 | 654,218 | |||
Poste Italiane SpA (B) | 54,397 | 623,909 | |||
Prysmian SpA | 25,971 | 854,951 | |||
Recordati Industria Chimica e Farmaceutica SpA | 10,579 | 517,436 | |||
Snam SpA | 203,313 | 1,129,661 | |||
Telecom Italia SpA | 1,022,635 | 429,657 | |||
Terna - Rete Elettrica Nazionale | 141,698 | 1,160,905 | |||
UniCredit SpA | 217,459 | 2,747,497 | |||
33,321,981 | |||||
Japan - 12.4% | |||||
Advantest Corp. | 10,600 | 851,868 | |||
Aeon Company, Ltd. (C) | 34,500 | 781,552 | |||
AGC, Inc. | 10,300 | 456,934 | |||
Aisin Corp. | 7,900 | 287,752 | |||
Ajinomoto Company, Inc. | 24,700 | 719,783 | |||
ANA Holdings, Inc. (A)(C) | 8,300 | 182,751 | |||
Asahi Group Holdings, Ltd. | 24,300 | 980,247 | |||
Asahi Intecc Company, Ltd. | 11,500 | 248,323 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Japan (continued) | |||||
Asahi Kasei Corp. | 67,200 | $ | 630,660 | ||
Astellas Pharma, Inc. | 99,100 | 1,653,407 | |||
Azbil Corp. | 6,500 | 246,733 | |||
Bandai Namco Holdings, Inc. | 10,600 | 777,099 | |||
Benefit One, Inc. | 4,200 | 97,280 | |||
Bridgestone Corp. | 30,300 | 1,247,783 | |||
Brother Industries, Ltd. | 12,500 | 227,511 | |||
Canon, Inc. | 53,200 | 1,251,954 | |||
Capcom Company, Ltd. | 9,300 | 225,719 | |||
Central Japan Railway Company | 7,700 | 1,040,395 | |||
Chubu Electric Power Company, Inc. | 33,600 | 335,619 | |||
Chugai Pharmaceutical Company, Ltd. | 35,800 | 1,187,617 | |||
Concordia Financial Group, Ltd. | 58,200 | 236,774 | |||
Cosmos Pharmaceutical Corp. | 1,100 | 152,513 | |||
CyberAgent, Inc. | 21,400 | 280,033 | |||
Dai Nippon Printing Company, Ltd. | 11,800 | 308,036 | |||
Daifuku Company, Ltd. | 5,400 | 390,565 | |||
Dai-ichi Life Holdings, Inc. | 54,500 | 1,131,864 | |||
Daiichi Sankyo Company, Ltd. | 93,300 | 2,276,092 | |||
Daikin Industries, Ltd. | 13,300 | 2,457,902 | |||
Daito Trust Construction Company, Ltd. | 3,500 | 387,239 | |||
Daiwa House Industry Company, Ltd. | 30,300 | 859,317 | |||
Daiwa House REIT Investment Corp. (C) | 114 | 309,171 | |||
Daiwa Securities Group, Inc. | 78,300 | 462,949 | |||
Denso Corp. | 23,100 | 1,624,396 | |||
Dentsu Group, Inc. | 11,400 | 454,862 | |||
Disco Corp. | 1,500 | 424,701 | |||
East Japan Railway Company | 16,000 | 950,540 | |||
Eisai Company, Ltd. | 12,600 | 625,147 | |||
ENEOS Holdings, Inc. | 162,000 | 641,486 | |||
FANUC Corp. | 10,200 | 1,873,762 | |||
Fast Retailing Company, Ltd. (C) | 3,100 | 1,672,169 | |||
Fuji Electric Company, Ltd. | 6,800 | 349,871 | |||
FUJIFILM Holdings Corp. | 19,200 | 1,220,432 | |||
Fujitsu, Ltd. | 10,500 | 1,525,483 | |||
GLP J-REIT | 224 | 334,434 | |||
GMO Payment Gateway, Inc. | 2,200 | 212,801 | |||
Hakuhodo DY Holdings, Inc. | 12,300 | 163,448 | |||
Hamamatsu Photonics KK | 7,400 | 374,969 | |||
Hankyu Hanshin Holdings, Inc. | 11,900 | 356,013 | |||
Hikari Tsushin, Inc. | 1,100 | 136,689 | |||
Hino Motors, Ltd. | 15,400 | 144,710 | |||
Hirose Electric Company, Ltd. | 1,700 | 255,617 | |||
Hitachi Construction Machinery Company, Ltd. | 5,800 | 141,936 | |||
Hitachi Metals, Ltd. (A) | 11,000 | 196,081 | |||
Hitachi, Ltd. | 51,700 | 2,556,706 | |||
Honda Motor Company, Ltd. | 87,000 | 2,643,139 | |||
Hoshizaki Corp. | 2,900 | 202,192 | |||
Hoya Corp. | 19,700 | 2,566,293 | |||
Hulic Company, Ltd. | 19,800 | 180,379 | |||
Ibiden Company, Ltd. | 5,600 | 273,496 | |||
Idemitsu Kosan Company, Ltd. | 10,697 | 286,750 | |||
Iida Group Holdings Company, Ltd. | 8,100 | 150,329 | |||
Inpex Corp. | 54,300 | 559,698 | |||
Isuzu Motors, Ltd. | 31,100 | 420,615 | |||
Ito En, Ltd. | 2,800 | 161,033 | |||
ITOCHU Corp. | 63,300 | 2,062,859 | |||
Itochu Techno-Solutions Corp. | 4,900 | 127,025 | |||
Japan Airlines Company, Ltd. (A) | 7,500 | 148,715 | |||
Japan Exchange Group, Inc. | 27,600 | 516,840 | |||
Japan Metropolitan Fund Investment Corp. | 370 | 299,457 | |||
Japan Post Bank Company, Ltd. | 20,500 | 179,874 | |||
Japan Post Holdings Company, Ltd. (A) | 132,500 | 1,095,206 |
The accompanying notes are an integral part of the financial statements. | 42 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Japan (continued) | |||||
Japan Post Insurance Company, Ltd. | 11,500 | $ | 196,406 | ||
Japan Real Estate Investment Corp. | 65 | 347,214 | |||
Japan Tobacco, Inc. | 64,000 | 1,177,035 | |||
JFE Holdings, Inc. | 26,200 | 390,054 | |||
JSR Corp. | 10,800 | 339,745 | |||
Kajima Corp. | 24,200 | 325,695 | |||
Kakaku.com, Inc. | 7,000 | 154,006 | |||
Kansai Paint Company, Ltd. | 9,400 | 188,665 | |||
Kao Corp. | 25,300 | 1,182,697 | |||
KDDI Corp. | 86,000 | 2,798,548 | |||
Keio Corp. | 5,400 | 220,952 | |||
Keisei Electric Railway Company, Ltd. | 6,800 | 190,439 | |||
Keyence Corp. | 10,400 | 4,919,209 | |||
Kikkoman Corp. | 7,700 | 574,019 | |||
Kintetsu Group Holdings Company, Ltd. (A) | 8,800 | 264,373 | |||
Kirin Holdings Company, Ltd. | 43,700 | 726,532 | |||
Kobayashi Pharmaceutical Company, Ltd. | 2,800 | 239,818 | |||
Kobe Bussan Company, Ltd. | 7,300 | 241,702 | |||
Koei Tecmo Holdings Company, Ltd. | 3,040 | 105,566 | |||
Koito Manufacturing Company, Ltd. | 5,600 | 289,648 | |||
Komatsu, Ltd. | 46,800 | 1,076,584 | |||
Konami Holdings Corp. | 5,000 | 284,454 | |||
Kose Corp. | 1,800 | 206,351 | |||
Kubota Corp. | 54,800 | 983,204 | |||
Kurita Water Industries, Ltd. | 5,200 | 214,889 | |||
Kyocera Corp. | 17,200 | 989,912 | |||
Kyowa Kirin Company, Ltd. | 14,300 | 365,950 | |||
Lasertec Corp. | 4,000 | 741,491 | |||
Lawson, Inc. (C) | 2,500 | 104,239 | |||
Lion Corp. | 11,800 | 154,665 | |||
Lixil Corp. | 14,100 | 314,252 | |||
M3, Inc. | 23,500 | 884,153 | |||
Makita Corp. | 12,000 | 427,694 | |||
Marubeni Corp. | 83,200 | 873,321 | |||
Mazda Motor Corp. (A) | 30,100 | 222,631 | |||
McDonald's Holdings Company Japan, Ltd. | 4,100 | 176,293 | |||
Medipal Holdings Corp. | 9,500 | 173,869 | |||
MEIJI Holdings Company, Ltd. | 6,400 | 384,115 | |||
Mercari, Inc. (A) | 5,500 | 172,260 | |||
MINEBEA MITSUMI, Inc. | 19,500 | 428,042 | |||
MISUMI Group, Inc. | 15,000 | 480,865 | |||
Mitsubishi Chemical Holdings Corp. | 68,300 | 485,192 | |||
Mitsubishi Corp. | 67,200 | 2,259,513 | |||
Mitsubishi Electric Corp. | 97,600 | 1,180,523 | |||
Mitsubishi Estate Company, Ltd. | 63,000 | 961,901 | |||
Mitsubishi Gas Chemical Company, Inc. | 8,600 | 152,582 | |||
Mitsubishi HC Capital, Inc. | 35,000 | 182,016 | |||
Mitsubishi Heavy Industries, Ltd. | 17,100 | 504,324 | |||
Mitsubishi UFJ Financial Group, Inc. | 649,100 | 3,984,816 | |||
Mitsui & Company, Ltd. | 83,100 | 2,071,909 | |||
Mitsui Chemicals, Inc. | 10,000 | 255,646 | |||
Mitsui Fudosan Company, Ltd. | 48,900 | 1,088,321 | |||
Miura Company, Ltd. | 4,700 | 128,816 | |||
Mizuho Financial Group, Inc. | 128,490 | 1,693,386 | |||
MonotaRO Company, Ltd. | 13,200 | 248,464 | |||
MS&AD Insurance Group Holdings, Inc. | 24,500 | 829,000 | |||
Murata Manufacturing Company, Ltd. | 30,600 | 2,079,735 | |||
NEC Corp. | 13,100 | 566,780 | |||
Nexon Company, Ltd. | 26,300 | 574,585 | |||
NGK Insulators, Ltd. | 13,900 | 215,865 | |||
Nidec Corp. | 23,900 | 2,077,713 | |||
Nihon M&A Center Holdings, Inc. | 16,100 | 238,136 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Japan (continued) | |||||
Nintendo Company, Ltd. | 6,000 | $ | 3,038,713 | ||
Nippon Building Fund, Inc. | 78 | 446,965 | |||
Nippon Express Holdings, Inc. | 4,100 | 248,541 | |||
Nippon Paint Holdings Company, Ltd. | 44,300 | 396,489 | |||
Nippon Prologis REIT, Inc. | 108 | 317,525 | |||
Nippon Sanso Holdings Corp. | 8,100 | 158,306 | |||
Nippon Shinyaku Company, Ltd. | 2,600 | 169,338 | |||
Nippon Steel Corp. | 45,600 | 834,889 | |||
Nippon Telegraph & Telephone Corp. | 68,500 | 1,968,751 | |||
Nippon Yusen KK (C) | 8,600 | 805,742 | |||
Nissan Chemical Corp. | 6,500 | 369,462 | |||
Nissan Motor Company, Ltd. (A) | 123,500 | 588,995 | |||
Nisshin Seifun Group, Inc. | 10,200 | 144,779 | |||
Nissin Foods Holdings Company, Ltd. | 3,300 | 263,661 | |||
Nitori Holdings Company, Ltd. | 4,300 | 647,056 | |||
Nitto Denko Corp. | 7,600 | 554,636 | |||
Nomura Holdings, Inc. | 166,500 | 759,753 | |||
Nomura Real Estate Holdings, Inc. | 6,300 | 156,861 | |||
Nomura Real Estate Master Fund, Inc. | 224 | 295,403 | |||
Nomura Research Institute, Ltd. | 17,800 | 624,830 | |||
NTT Data Corp. | 33,400 | 634,404 | |||
Obayashi Corp. | 35,000 | 293,055 | |||
Obic Company, Ltd. | 3,700 | 595,086 | |||
Odakyu Electric Railway Company, Ltd. | 15,400 | 254,077 | |||
Oji Holdings Corp. | 43,200 | 220,715 | |||
Olympus Corp. | 58,800 | 1,194,256 | |||
Omron Corp. | 9,900 | 673,680 | |||
Ono Pharmaceutical Company, Ltd. | 19,700 | 485,014 | |||
Open House Group Company, Ltd. | 4,400 | 200,064 | |||
Oracle Corp. Japan | 2,000 | 142,851 | |||
Oriental Land Company, Ltd. | 10,700 | 1,978,053 | |||
ORIX Corp. | 65,500 | 1,298,415 | |||
Orix JREIT, Inc. (C) | 138 | 193,065 | |||
Osaka Gas Company, Ltd. | 19,200 | 351,385 | |||
Otsuka Corp. | 5,900 | 229,177 | |||
Otsuka Holdings Company, Ltd. | 20,800 | 717,064 | |||
Pan Pacific International Holdings Corp. | 21,900 | 358,460 | |||
Panasonic Corp. | 117,900 | 1,231,266 | |||
Persol Holdings Company, Ltd. | 9,300 | 208,336 | |||
Pola Orbis Holdings, Inc. | 4,700 | 74,038 | |||
Rakuten Group, Inc. | 45,700 | 388,479 | |||
Recruit Holdings Company, Ltd. | 72,300 | 3,051,797 | |||
Renesas Electronics Corp. (A) | 67,300 | 792,841 | |||
Resona Holdings, Inc. | 110,700 | 495,083 | |||
Ricoh Company, Ltd. | 35,500 | 302,844 | |||
Rinnai Corp. | 1,900 | 156,307 | |||
Rohm Company, Ltd. | 4,800 | 382,817 | |||
Ryohin Keikaku Company, Ltd. (C) | 13,400 | 197,351 | |||
Santen Pharmaceutical Company, Ltd. | 18,900 | 215,405 | |||
SBI Holdings, Inc. | 13,300 | 348,884 | |||
SCSK Corp. | 8,100 | 138,676 | |||
Secom Company, Ltd. | 11,200 | 822,600 | |||
Seiko Epson Corp. | 14,800 | 227,630 | |||
Sekisui Chemical Company, Ltd. | 20,000 | 327,519 | |||
Sekisui House, Ltd. | 32,900 | 670,769 | |||
Seven & i Holdings Company, Ltd. (C) | 40,100 | 1,951,177 | |||
SG Holdings Company, Ltd. | 17,000 | 360,318 | |||
Sharp Corp. (C) | 11,400 | 107,799 | |||
Shimadzu Corp. | 12,600 | 453,813 | |||
Shimano, Inc. | 3,900 | 908,184 | |||
Shimizu Corp. | 29,400 | 194,603 | |||
Shin-Etsu Chemical Company, Ltd. | 18,900 | 2,951,955 | |||
Shionogi & Company, Ltd. | 14,100 | 937,543 | |||
Shiseido Company, Ltd. | 21,300 | 1,222,324 |
The accompanying notes are an integral part of the financial statements. | 43 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Japan (continued) | |||||
SMC Corp. | 3,100 | $ | 1,851,845 | ||
SoftBank Corp. | 152,400 | 1,925,481 | |||
SoftBank Group Corp. | 64,400 | 2,890,016 | |||
Sohgo Security Services Company, Ltd. | 3,700 | 133,585 | |||
Sompo Holdings, Inc. | 17,300 | 751,133 | |||
Sony Group Corp. | 67,200 | 6,865,972 | |||
Square Enix Holdings Company, Ltd. | 4,500 | 219,459 | |||
Stanley Electric Company, Ltd. | 7,000 | 166,339 | |||
Subaru Corp. | 32,800 | 537,946 | |||
SUMCO Corp. | 17,900 | 298,734 | |||
Sumitomo Chemical Company, Ltd. | 80,000 | 381,938 | |||
Sumitomo Corp. | 59,800 | 975,674 | |||
Sumitomo Dainippon Pharma Company, Ltd. | 9,600 | 105,357 | |||
Sumitomo Electric Industries, Ltd. | 40,300 | 534,987 | |||
Sumitomo Metal Mining Company, Ltd. | 13,100 | 653,461 | |||
Sumitomo Mitsui Financial Group, Inc. | 69,200 | 2,453,990 | |||
Sumitomo Mitsui Trust Holdings, Inc. | 18,000 | 639,576 | |||
Sumitomo Realty & Development Company, Ltd. | 16,500 | 485,403 | |||
Suntory Beverage & Food, Ltd. | 7,300 | 290,898 | |||
Suzuki Motor Corp. | 19,600 | 780,432 | |||
Sysmex Corp. | 8,900 | 712,450 | |||
T&D Holdings, Inc. | 30,000 | 435,704 | |||
Taisei Corp. | 10,200 | 339,165 | |||
Taisho Pharmaceutical Holdings Company, Ltd. | 1,900 | 94,316 | |||
Takeda Pharmaceutical Company, Ltd. | 84,096 | 2,564,113 | |||
TDK Corp. | 20,800 | 841,843 | |||
Terumo Corp. | 34,400 | 1,117,256 | |||
The Chiba Bank, Ltd. | 28,500 | 179,149 | |||
The Kansai Electric Power Company, Inc. | 36,900 | 372,054 | |||
The Shizuoka Bank, Ltd. | 23,100 | 170,782 | |||
TIS, Inc. | 11,700 | 276,923 | |||
Tobu Railway Company, Ltd. | 9,700 | 238,432 | |||
Toho Company, Ltd. (C) | 5,800 | 241,892 | |||
Tokio Marine Holdings, Inc. | 33,900 | 1,928,946 | |||
Tokyo Century Corp. | 2,000 | 87,683 | |||
Tokyo Electric Power Company Holdings, Inc. (A) | 81,500 | 255,828 | |||
Tokyo Electron, Ltd. | 8,000 | 3,926,221 | |||
Tokyo Gas Company, Ltd. | 19,700 | 401,256 | |||
Tokyu Corp. | 26,200 | 349,413 | |||
Toppan, Inc. | 14,000 | 275,860 | |||
Toray Industries, Inc. | 74,400 | 424,281 | |||
Toshiba Corp. (C) | 21,800 | 869,162 | |||
Tosoh Corp. | 14,300 | 221,909 | |||
TOTO, Ltd. | 7,500 | 315,726 | |||
Toyo Suisan Kaisha, Ltd. | 4,600 | 193,370 | |||
Toyota Industries Corp. | 7,900 | 600,883 | |||
Toyota Motor Corp. | 564,800 | 10,333,689 | |||
Toyota Tsusho Corp. | 11,400 | 473,271 | |||
Trend Micro, Inc. | 7,000 | 391,066 | |||
Tsuruha Holdings, Inc. | 2,100 | 168,829 | |||
Unicharm Corp. | 21,400 | 806,656 | |||
USS Company, Ltd. | 11,400 | 189,378 | |||
Welcia Holdings Company, Ltd. | 4,800 | 128,003 | |||
West Japan Railway Company | 11,400 | 491,840 | |||
Yakult Honsha Company, Ltd. | 6,800 | 369,028 | |||
Yamaha Corp. | 7,200 | 337,814 | |||
Yamaha Motor Company, Ltd. | 16,000 | 359,674 | |||
Yamato Holdings Company, Ltd. | 15,600 | 306,365 | |||
Yaskawa Electric Corp. (C) | 12,800 | 512,471 | |||
Yokogawa Electric Corp. | 12,200 | 196,839 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Japan (continued) | |||||
Z Holdings Corp. | 142,800 | $ | 698,984 | ||
ZOZO, Inc. | 6,600 | 187,938 | |||
195,162,937 | |||||
Jordan - 0.0% | |||||
Hikma Pharmaceuticals PLC | 9,289 | 258,607 | |||
Luxembourg - 0.2% | |||||
ArcelorMittal SA | 43,749 | 1,357,475 | |||
Aroundtown SA | 53,111 | 327,491 | |||
Eurofins Scientific SE | 8,658 | 878,597 | |||
Reinet Investments SCA | 8,487 | 174,786 | |||
Tenaris SA | 48,082 | 619,647 | |||
3,357,996 | |||||
Macau - 0.0% | |||||
Sands China, Ltd. (A) | 126,800 | 334,433 | |||
Malaysia - 0.4% | |||||
AMMB Holdings BHD (A) | 97,800 | 78,435 | |||
Axiata Group BHD | 157,000 | 147,010 | |||
CIMB Group Holdings BHD | 375,300 | 511,232 | |||
Dialog Group BHD | 226,500 | 152,596 | |||
DiGi.Com BHD | 173,000 | 167,249 | |||
Fraser & Neave Holdings BHD | 7,100 | 38,261 | |||
Genting BHD | 121,800 | 135,010 | |||
Genting Malaysia BHD | 168,900 | 120,885 | |||
HAP Seng Consolidated BHD | 35,700 | 64,436 | |||
Hartalega Holdings BHD | 98,900 | 108,709 | |||
Hong Leong Bank BHD | 39,000 | 186,711 | |||
Hong Leong Financial Group BHD | 13,300 | 61,277 | |||
IHH Healthcare BHD | 101,100 | 158,613 | |||
Inari Amertron BHD | 172,300 | 133,407 | |||
IOI Corp. BHD | 144,500 | 158,777 | |||
Kuala Lumpur Kepong BHD | 25,000 | 154,718 | |||
Malayan Banking BHD | 268,000 | 559,975 | |||
Malaysia Airports Holdings BHD (A) | 58,000 | 85,126 | |||
Maxis BHD | 133,500 | 127,992 | |||
MISC BHD | 75,800 | 132,949 | |||
Nestle Malaysia BHD | 3,300 | 105,457 | |||
Petronas Chemicals Group BHD | 138,100 | 314,647 | |||
Petronas Dagangan BHD | 15,300 | 78,607 | |||
Petronas Gas BHD | 43,900 | 182,246 | |||
PPB Group BHD | 38,200 | 163,263 | |||
Press Metal Aluminium Holdings BHD | 183,900 | 299,799 | |||
Public Bank BHD | 839,800 | 891,906 | |||
QL Resources BHD | 61,450 | 72,360 | |||
RHB Bank BHD | 104,200 | 146,849 | |||
Sime Darby BHD | 161,500 | 87,459 | |||
Sime Darby Plantation BHD | 100,200 | 117,558 | |||
Telekom Malaysia BHD | 65,900 | 79,422 | |||
Tenaga Nasional BHD | 131,600 | 287,676 | |||
Top Glove Corp. BHD | 307,900 | 150,270 | |||
Westports Holdings BHD | 56,900 | 53,033 | |||
6,313,920 | |||||
Mexico - 1.0% | |||||
Alfa SAB de CV, Class A | 298,200 | 220,727 | |||
America Movil SAB de CV, Series L | 3,465,500 | 3,150,608 | |||
Arca Continental SAB de CV | 44,700 | 294,639 | |||
Becle SAB de CV | 54,800 | 137,154 | |||
Cemex SAB de CV, Series CPO (A) | 1,528,648 | 785,185 | |||
Coca-Cola Femsa SAB de CV | 53,180 | 294,449 | |||
Fibra Uno Administracion SA de CV | 319,000 | 357,611 | |||
Fomento Economico Mexicano SAB de CV | 196,400 | 1,578,124 | |||
Gruma SAB de CV, Class B | 21,545 | 291,759 |
The accompanying notes are an integral part of the financial statements. | 44 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Mexico (continued) | |||||
Grupo Aeroportuario del Pacifico SAB de CV, B Shares (A) | 36,900 | $ | 540,429 | ||
Grupo Aeroportuario del Sureste SAB de CV, B Shares | 21,050 | 453,170 | |||
Grupo Bimbo SAB de CV, Series A | 157,100 | 486,311 | |||
Grupo Carso SAB de CV, Series A1 | 45,400 | 137,568 | |||
Grupo Financiero Banorte SAB de CV, Series O | 261,100 | 1,771,900 | |||
Grupo Financiero Inbursa SAB de CV, Series O (A) | 224,900 | 367,531 | |||
Grupo Mexico SAB de CV, Series B | 314,200 | 1,604,980 | |||
Grupo Televisa SAB, Series CPO | 243,000 | 519,791 | |||
Industrias Penoles SAB de CV | 13,585 | 170,660 | |||
Kimberly-Clark de Mexico SAB de CV, Class A | 152,300 | 212,897 | |||
Megacable Holdings SAB de CV, Series CPO | 31,300 | 92,077 | |||
Orbia Advance Corp. SAB de CV | 106,535 | 272,150 | |||
Promotora y Operadora de Infraestructura SAB de CV | 23,740 | 186,607 | |||
Telesites SAB de CV (C) | 131,700 | 146,869 | |||
Wal-Mart de Mexico SAB de CV | 528,900 | 2,014,267 | |||
16,087,463 | |||||
Netherlands - 2.9% | |||||
ABN AMRO Bank NV (B) | 23,259 | 309,513 | |||
Adyen NV (A)(B) | 1,105 | 2,303,127 | |||
Aegon NV | 104,558 | 516,496 | |||
Akzo Nobel NV | 10,526 | 1,001,469 | |||
Argenx SE (A) | 2,804 | 811,881 | |||
ASM International NV | 2,625 | 847,792 | |||
ASML Holding NV | 23,078 | 15,439,768 | |||
Euronext NV (B) | 5,652 | 510,215 | |||
EXOR NV | 11,195 | 848,198 | |||
Heineken Holding NV | 6,369 | 520,151 | |||
Heineken NV | 14,476 | 1,468,428 | |||
IMCD NV | 3,170 | 514,940 | |||
ING Groep NV | 216,947 | 2,533,621 | |||
JDE Peet's NV (C) | 5,615 | 184,337 | |||
Just Eat Takeaway.com NV (A)(B) | 10,059 | 407,110 | |||
Koninklijke Ahold Delhaize NV | 58,253 | 1,791,997 | |||
Koninklijke DSM NV | 9,750 | 1,830,704 | |||
Koninklijke KPN NV | 186,178 | 637,128 | |||
Koninklijke Philips NV | 51,401 | 1,755,794 | |||
NN Group NV | 15,710 | 754,002 | |||
Prosus NV (A) | 52,129 | 3,236,260 | |||
QIAGEN NV (A) | 12,185 | 612,205 | |||
Randstad NV | 6,684 | 455,507 | |||
Stellantis NV | 208,529 | 3,789,374 | |||
Universal Music Group NV | 40,297 | 920,085 | |||
Wolters Kluwer NV | 14,823 | 1,510,316 | |||
45,510,418 | |||||
New Zealand - 0.2% | |||||
Auckland International Airport, Ltd. (A) | 114,287 | 553,380 | |||
Fisher & Paykel Healthcare Corp., Ltd. | 52,289 | 982,614 | |||
Mercury NZ, Ltd. | 61,584 | 239,888 | |||
Meridian Energy, Ltd. | 116,440 | 395,324 | |||
Ryman Healthcare, Ltd. | 39,527 | 268,858 | |||
Spark New Zealand, Ltd. | 170,630 | 523,885 | |||
Xero, Ltd. (A) | 6,982 | 480,069 | |||
3,444,018 | |||||
Norway - 0.6% | |||||
Adevinta ASA (A) | 19,071 | 204,304 | |||
Aker BP ASA | 9,096 | 284,892 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Norway (continued) | |||||
DNB Bank ASA | 69,167 | $ | 1,548,530 | ||
Equinor ASA | 72,155 | 2,268,230 | |||
Gjensidige Forsikring ASA | 15,483 | 382,967 | |||
Mowi ASA (C) | 32,633 | 840,261 | |||
Norsk Hydro ASA | 99,499 | 944,851 | |||
Orkla ASA | 56,220 | 526,633 | |||
Schibsted ASA, B Shares | 6,651 | 172,655 | |||
Schibsted ASA, Class A | 6,035 | 173,434 | |||
Telenor ASA | 51,561 | 762,877 | |||
Yara International ASA | 12,206 | 621,650 | |||
8,731,284 | |||||
Peru - 0.1% | |||||
Cia de Minas Buenaventura SAA, ADR (A) | 20,400 | 201,960 | |||
Credicorp, Ltd. | 6,553 | 991,141 | |||
Southern Copper Corp. | 8,300 | 575,937 | |||
1,769,038 | |||||
Philippines - 0.2% | |||||
Aboitiz Equity Ventures, Inc. | 106,060 | 123,864 | |||
AC Energy Corp. | 403,600 | 67,063 | |||
Ayala Corp. | 15,280 | 253,361 | |||
Ayala Land, Inc. | 442,280 | 337,166 | |||
Bank of the Philippine Islands | 100,330 | 196,086 | |||
BDO Unibank, Inc. | 106,710 | 270,421 | |||
Globe Telecom, Inc. | 1,445 | 72,607 | |||
GT Capital Holdings, Inc. | 5,373 | 60,848 | |||
International Container Terminal Services, Inc. | 55,140 | 227,257 | |||
JG Summit Holdings, Inc. | 163,042 | 192,577 | |||
Jollibee Foods Corp. | 23,630 | 111,130 | |||
Manila Electric Company | 11,900 | 85,629 | |||
Metro Pacific Investments Corp. | 666,700 | 50,449 | |||
Metropolitan Bank & Trust Company | 100,349 | 111,959 | |||
Monde Nissin Corp. (A)(B) | 245,100 | 79,323 | |||
PLDT, Inc. | 4,125 | 144,778 | |||
SM Investments Corp. | 13,275 | 230,940 | |||
SM Prime Holdings, Inc. | 548,900 | 428,412 | |||
Universal Robina Corp. | 48,510 | 113,694 | |||
3,157,564 | |||||
Poland - 0.2% | |||||
Allegro.eu SA (A)(B) | 22,037 | 164,233 | |||
Bank Polska Kasa Opieki SA | 11,049 | 303,119 | |||
CD Projekt SA | 4,267 | 169,484 | |||
Cyfrowy Polsat SA | 15,470 | 100,152 | |||
Dino Polska SA (A)(B) | 2,954 | 207,716 | |||
InPost SA (A) | 11,167 | 68,963 | |||
KGHM Polska Miedz SA | 8,658 | 339,974 | |||
LPP SA | 68 | 139,852 | |||
mBank SA (A) | 912 | 89,132 | |||
Orange Polska SA (A) | 39,239 | 72,922 | |||
PGE Polska Grupa Energetyczna SA (A) | 52,071 | 101,009 | |||
Polski Koncern Naftowy ORLEN SA | 18,558 | 313,479 | |||
Polskie Gornictwo Naftowe i Gazownictwo SA | 109,633 | 144,486 | |||
Powszechna Kasa Oszczednosci Bank Polski SA (A) | 53,525 | 514,404 | |||
Powszechny Zaklad Ubezpieczen SA | 38,518 | 288,987 | |||
Santander Bank Polska SA | 2,115 | 158,425 | |||
3,176,337 | |||||
Portugal - 0.1% | |||||
EDP - Energias de Portugal SA | 145,877 | 712,240 | |||
Galp Energia SGPS SA | 25,691 | 284,382 |
The accompanying notes are an integral part of the financial statements. | 45 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Portugal (continued) | |||||
Jeronimo Martins SGPS SA | 14,552 | $ | 317,259 | ||
1,313,881 | |||||
Romania - 0.0% | |||||
NEPI Rockcastle PLC | 24,835 | 158,723 | |||
Singapore - 0.7% | |||||
Ascendas Real Estate Investment Trust | 173,600 | 355,957 | |||
BOC Aviation, Ltd. (B) | 12,500 | 108,663 | |||
CapitaLand Integrated Commercial Trust | 251,268 | 393,239 | |||
CapitaLand Investment, Ltd. (A) | 136,000 | 372,676 | |||
City Developments, Ltd. | 20,000 | 105,830 | |||
DBS Group Holdings, Ltd. | 94,100 | 2,365,689 | |||
Genting Singapore, Ltd. | 320,800 | 183,392 | |||
Jardine Cycle & Carriage, Ltd. | 600 | 9,690 | |||
JOYY, Inc., ADR | 3,400 | 157,386 | |||
Keppel Corp., Ltd. | 75,900 | 337,903 | |||
Mapletree Commercial Trust | 111,400 | 149,390 | |||
Mapletree Logistics Trust | 159,500 | 207,371 | |||
Oversea-Chinese Banking Corp., Ltd. | 179,000 | 1,551,111 | |||
Sea, Ltd., ADR (A) | 7,200 | 1,048,320 | |||
Singapore Airlines, Ltd. (A) | 68,500 | 259,374 | |||
Singapore Exchange, Ltd. | 42,200 | 292,775 | |||
Singapore Technologies Engineering, Ltd. | 80,600 | 228,414 | |||
Singapore Telecommunications, Ltd. | 431,160 | 808,761 | |||
United Overseas Bank, Ltd. | 62,000 | 1,377,974 | |||
UOL Group, Ltd. | 23,600 | 122,306 | |||
Venture Corp., Ltd. | 14,600 | 190,448 | |||
Wilmar International, Ltd. | 101,600 | 330,203 | |||
10,956,872 | |||||
South Africa - 1.0% | |||||
Absa Group, Ltd. | 43,112 | 495,645 | |||
African Rainbow Minerals, Ltd. | 6,782 | 121,046 | |||
Anglo American Platinum, Ltd. | 3,090 | 481,830 | |||
AngloGold Ashanti, Ltd. | 24,345 | 569,598 | |||
Aspen Pharmacare Holdings, Ltd. | 23,062 | 302,099 | |||
Bid Corp., Ltd. | 19,790 | 402,617 | |||
Capitec Bank Holdings, Ltd. | 4,769 | 643,876 | |||
Clicks Group, Ltd. | 14,227 | 276,141 | |||
Discovery, Ltd. (A) | 26,790 | 274,357 | |||
Exxaro Resources, Ltd. | 14,683 | 189,393 | |||
FirstRand, Ltd. | 300,815 | 1,295,206 | |||
Gold Fields, Ltd. | 51,769 | 720,820 | |||
Growthpoint Properties, Ltd. | 199,607 | 174,119 | |||
Harmony Gold Mining Company, Ltd. | 31,594 | 134,925 | |||
Impala Platinum Holdings, Ltd. | 48,243 | 920,206 | |||
Kumba Iron Ore, Ltd. | 3,767 | 148,905 | |||
Mr. Price Group, Ltd. | 15,047 | 205,234 | |||
MTN Group, Ltd. (A) | 100,592 | 1,255,645 | |||
MultiChoice Group | 21,869 | 179,429 | |||
Naspers, Ltd., N Shares | 12,953 | 1,631,180 | |||
Nedbank Group, Ltd. | 27,238 | 387,809 | |||
Northam Platinum Holdings, Ltd. (A) | 20,845 | 334,888 | |||
Old Mutual, Ltd. | 286,191 | 234,967 | |||
Pepkor Holdings, Ltd. (B) | 76,424 | 109,168 | |||
Rand Merchant Investment Holdings, Ltd. | 48,580 | 152,273 | |||
Remgro, Ltd. | 31,454 | 286,024 | |||
Sanlam, Ltd. | 115,001 | 484,630 | |||
Sasol, Ltd. (A) | 33,587 | 770,652 | |||
Shoprite Holdings, Ltd. | 29,556 | 440,866 | |||
Sibanye Stillwater, Ltd. | 162,659 | 767,365 | |||
Standard Bank Group, Ltd. | 77,749 | 823,830 | |||
The Bidvest Group, Ltd. | 17,032 | 233,361 | |||
The SPAR Group, Ltd. | 11,157 | 119,029 | |||
Tiger Brands, Ltd. | 10,017 | 106,301 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
South Africa (continued) | |||||
Vodacom Group, Ltd. | 37,732 | $ | 362,985 | ||
Woolworths Holdings, Ltd. | 57,805 | 190,334 | |||
16,226,753 | |||||
South Korea - 3.5% | |||||
Alteogen, Inc. (A) | 1,769 | 79,677 | |||
Amorepacific Corp. | 2,037 | 314,433 | |||
AMOREPACIFIC Group | 1,861 | 76,034 | |||
BGF retail Company, Ltd. | 473 | 67,008 | |||
Celltrion Healthcare Company, Ltd. | 5,515 | 293,354 | |||
Celltrion Pharm, Inc. (A) | 1,081 | 79,564 | |||
Celltrion, Inc. | 6,236 | 832,442 | |||
Cheil Worldwide, Inc. | 4,259 | 80,077 | |||
CJ CheilJedang Corp. | 532 | 168,514 | |||
CJ Corp. | 954 | 67,205 | |||
CJ ENM Company, Ltd. | 685 | 74,750 | |||
CJ Logistics Corp. (A) | 567 | 58,788 | |||
Coway Company, Ltd. | 3,496 | 209,966 | |||
DB Insurance Company, Ltd. | 3,127 | 160,988 | |||
Doosan Bobcat, Inc. | 3,288 | 105,528 | |||
Doosan Heavy Industries & Construction Company, Ltd. (A) | 21,997 | 385,687 | |||
Douzone Bizon Company, Ltd. | 1,255 | 50,823 | |||
Ecopro BM Company, Ltd. | 693 | 219,301 | |||
E-MART, Inc. | 1,277 | 139,262 | |||
F&F Company, Ltd. (A) | 216 | 161,447 | |||
Green Cross Corp. | 379 | 57,668 | |||
GS Engineering & Construction Corp. | 4,182 | 150,297 | |||
GS Holdings Corp. | 3,039 | 101,621 | |||
Hana Financial Group, Inc. | 19,105 | 776,195 | |||
Hankook Tire & Technology Company, Ltd. | 4,860 | 143,191 | |||
Hanmi Pharm Company, Ltd. (A) | 429 | 95,024 | |||
Hanon Systems | 11,785 | 114,129 | |||
HLB, Inc. (A) | 5,710 | 149,610 | |||
HMM Company, Ltd. (A) | 16,702 | 404,577 | |||
Hotel Shilla Company, Ltd. | 1,930 | 130,443 | |||
HYBE Company, Ltd. (A) | 1,050 | 255,135 | |||
Hyundai Engineering & Construction Company, Ltd. | 5,062 | 184,420 | |||
Hyundai Glovis Company, Ltd. | 1,215 | 179,231 | |||
Hyundai Heavy Industries Holdings Company, Ltd. | 2,902 | 124,958 | |||
Hyundai Mobis Company, Ltd. | 4,233 | 794,814 | |||
Hyundai Motor Company | 8,803 | 1,295,333 | |||
Hyundai Steel Company | 5,593 | 186,532 | |||
Iljin Materials Company, Ltd. | 1,470 | 112,524 | |||
Industrial Bank of Korea | 17,611 | 158,209 | |||
Kakao Corp. | 19,683 | 1,558,831 | |||
Kakao Games Corp. (A) | 1,892 | 117,553 | |||
KakaoBank Corp. (A) | 6,008 | 242,565 | |||
Kangwon Land, Inc. (A) | 6,161 | 137,033 | |||
KB Financial Group, Inc. | 25,157 | 1,241,107 | |||
Kia Corp. | 16,710 | 1,035,943 | |||
Korea Aerospace Industries, Ltd. (A) | 4,658 | 144,919 | |||
Korea Electric Power Corp. | 15,844 | 307,046 | |||
Korea Investment Holdings Company, Ltd. (A) | 2,833 | 188,211 | |||
Korea Shipbuilding & Offshore Engineering Company, Ltd. (A) | 2,442 | 181,040 | |||
Korea Zinc Company, Ltd. | 537 | 246,290 | |||
Korean Air Lines Company, Ltd. (A) | 11,049 | 272,213 | |||
Krafton, Inc. (A) | 1,391 | 345,086 | |||
KT&G Corp. | 7,440 | 494,586 |
The accompanying notes are an integral part of the financial statements. | 46 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
South Korea (continued) | |||||
Kumho Petrochemical Company, Ltd. (A) | 1,187 | $ | 160,139 | ||
L&F Company, Ltd. | 1,422 | 233,970 | |||
LG Chem, Ltd. | 2,905 | 1,378,552 | |||
LG Corp. | 5,582 | 350,830 | |||
LG Display Company, Ltd. | 14,934 | 234,858 | |||
LG Electronics, Inc. | 6,768 | 706,555 | |||
LG Energy Solution (A) | 1,336 | 457,797 | |||
LG Household & Health Care, Ltd. | 598 | 474,479 | |||
LG Innotek Company, Ltd. | 900 | 248,447 | |||
LG Uplus Corp. | 13,463 | 147,882 | |||
Lotte Chemical Corp. | 1,107 | 204,020 | |||
Lotte Shopping Company, Ltd. | 699 | 49,946 | |||
Meritz Securities Company, Ltd. | 19,955 | 97,719 | |||
Mirae Asset Securities Company, Ltd. | 19,952 | 147,234 | |||
NAVER Corp. | 7,789 | 2,075,437 | |||
NCSoft Corp. | 1,042 | 386,004 | |||
Netmarble Corp. (B) | 1,347 | 115,745 | |||
NH Investment & Securities Company, Ltd. (A) | 11,092 | 107,337 | |||
Orion Corp. | 1,473 | 112,720 | |||
Pan Ocean Company, Ltd. | 17,288 | 95,402 | |||
Pearl Abyss Corp. (A) | 1,868 | 149,819 | |||
POSCO | 4,715 | 1,121,811 | |||
POSCO Chemical Company, Ltd. | 1,964 | 188,130 | |||
S-1 Corp. | 1,019 | 59,319 | |||
Samsung Biologics Company, Ltd. (A)(B) | 1,045 | 679,828 | |||
Samsung C&T Corp. | 5,391 | 497,889 | |||
Samsung Electro-Mechanics Company, Ltd. | 3,572 | 499,395 | |||
Samsung Electronics Company, Ltd. | 301,719 | 18,179,596 | |||
Samsung Engineering Company, Ltd. (A) | 9,968 | 194,726 | |||
Samsung Fire & Marine Insurance Company, Ltd. | 2,040 | 324,402 | |||
Samsung Heavy Industries Company, Ltd. (A) | 38,978 | 190,009 | |||
Samsung Life Insurance Company, Ltd. | 4,720 | 235,998 | |||
Samsung SDI Company, Ltd. | 3,483 | 1,605,107 | |||
Samsung SDS Company, Ltd. | 2,211 | 259,567 | |||
Samsung Securities Company, Ltd. | 4,517 | 160,091 | |||
SD Biosensor, Inc. | 2,313 | 105,453 | |||
Seegene, Inc. | 2,329 | 99,821 | |||
Shin Poong Pharmaceutical Company, Ltd. (A) | 2,049 | 59,846 | |||
Shinhan Financial Group Company, Ltd. | 27,818 | 905,080 | |||
SK Biopharmaceuticals Company, Ltd. (A) | 1,726 | 122,512 | |||
SK Bioscience Company, Ltd. (A) | 1,457 | 178,422 | |||
SK Chemicals Company, Ltd. | 735 | 77,210 | |||
SK Hynix, Inc. | 34,556 | 3,602,619 | |||
SK IE Technology Company, Ltd. (A)(B) | 1,141 | 118,501 | |||
SK Innovation Company, Ltd. (A) | 3,211 | 542,069 | |||
SK Square Company, Ltd. (A) | 1,135 | 52,674 | |||
SK Telecom Company, Ltd. | 1,658 | 75,660 | |||
SK, Inc. | 2,661 | 508,277 | |||
SKC Company, Ltd. | 1,331 | 154,787 | |||
S-Oil Corp. | 2,813 | 200,340 | |||
Woori Financial Group, Inc. | 32,222 | 385,427 | |||
Yuhan Corp. | 3,263 | 158,543 | |||
55,029,183 | |||||
Spain - 1.4% | |||||
ACS Actividades de Construccion y Servicios SA | 14,420 | 350,415 | |||
Aena SME SA (A)(B) | 4,262 | 695,582 | |||
Amadeus IT Group SA (A) | 25,683 | 1,694,481 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Spain (continued) | |||||
Banco Bilbao Vizcaya Argentaria SA | 379,785 | $ | 2,253,545 | ||
Banco Santander SA | 986,611 | 3,285,439 | |||
CaixaBank SA (C) | 250,558 | 822,981 | |||
Cellnex Telecom SA (A)(B) | 29,014 | 1,312,371 | |||
EDP Renovaveis SA | 15,183 | 369,057 | |||
Enagas SA | 13,661 | 288,707 | |||
Endesa SA | 18,006 | 395,798 | |||
Ferrovial SA | 27,581 | 751,424 | |||
Grifols SA | 17,201 | 326,134 | |||
Iberdrola SA | 332,556 | 3,773,051 | |||
Industria de Diseno Textil SA | 62,388 | 1,627,443 | |||
Mapfre SA | 5,828 | 11,440 | |||
Naturgy Energy Group SA | 10,820 | 290,297 | |||
Red Electrica Corp. SA | 24,079 | 477,017 | |||
Repsol SA | 82,631 | 1,072,226 | |||
Siemens Gamesa Renewable Energy SA (A) | 13,633 | 313,693 | |||
Telefonica SA | 300,970 | 1,437,412 | |||
21,548,513 | |||||
Sweden - 1.9% | |||||
Alfa Laval AB | 17,535 | 568,676 | |||
Assa Abloy AB, B Shares | 55,818 | 1,465,095 | |||
Atlas Copco AB, A Shares | 37,492 | 1,922,744 | |||
Atlas Copco AB, B Shares | 21,627 | 977,221 | |||
Boliden AB | 15,118 | 672,456 | |||
Electrolux AB, Series B | 12,666 | 226,787 | |||
Embracer Group AB (A)(C) | 30,785 | 264,263 | |||
Epiroc AB, A Shares | 36,438 | 684,694 | |||
Epiroc AB, B Shares | 21,948 | 355,785 | |||
EQT AB | 16,573 | 554,699 | |||
Essity AB, B Shares | 33,927 | 873,143 | |||
Evolution AB (B) | 9,582 | 1,098,664 | |||
Fastighets AB Balder, B Shares (A) | 5,817 | 362,627 | |||
Getinge AB, B Shares | 12,687 | 492,440 | |||
Hennes & Mauritz AB, B Shares (C) | 40,646 | 678,345 | |||
Hexagon AB, B Shares | 109,872 | 1,484,336 | |||
Husqvarna AB, B Shares | 23,200 | 279,423 | |||
ICA Gruppen AB (D) | 6,365 | 360,176 | |||
Industrivarden AB, A Shares | 8,055 | 222,439 | |||
Industrivarden AB, C Shares | 8,450 | 229,035 | |||
Investment AB Latour, B Shares | 8,207 | 226,701 | |||
Investor AB, A Shares | 26,360 | 582,885 | |||
Investor AB, B Shares | 103,610 | 2,109,756 | |||
Kinnevik AB, B Shares (A) | 13,671 | 348,068 | |||
L.E. Lundbergforetagen AB, B Shares | 4,307 | 207,973 | |||
Lifco AB, B Shares | 12,931 | 293,942 | |||
Lundin Energy AB | 10,864 | 400,872 | |||
Nibe Industrier AB, B Shares | 79,536 | 708,011 | |||
Sagax AB, B Shares | 8,876 | 241,351 | |||
Sandvik AB | 62,937 | 1,356,452 | |||
Securitas AB, B Shares | 17,542 | 212,379 | |||
Sinch AB (A)(B)(C) | 29,108 | 245,538 | |||
Skandinaviska Enskilda Banken AB, A Shares | 90,872 | 1,046,879 | |||
Skanska AB, B Shares | 19,044 | 431,029 | |||
SKF AB, B Shares | 21,523 | 397,405 | |||
Svenska Cellulosa AB SCA, B Shares | 33,533 | 547,109 | |||
Svenska Handelsbanken AB, A Shares | 79,799 | 758,634 | |||
Swedbank AB, A Shares | 49,754 | 803,879 | |||
Swedish Match AB | 87,084 | 633,078 | |||
Tele2 AB, B Shares | 27,173 | 360,074 | |||
Telefonaktiebolaget LM Ericsson, B Shares | 162,492 | 1,495,235 | |||
Telia Company AB | 144,061 | 535,644 |
The accompanying notes are an integral part of the financial statements. | 47 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Sweden (continued) | |||||
Volvo AB, A Shares | 7,336 | $ | 143,357 | ||
Volvo AB, B Shares | 84,091 | 1,617,396 | |||
29,476,695 | |||||
Switzerland - 6.3% | |||||
ABB, Ltd. | 93,098 | 3,146,052 | |||
Adecco Group AG | 8,759 | 413,676 | |||
Alcon, Inc. | 28,365 | 2,191,412 | |||
Bachem Holding AG, Class B | 349 | 207,699 | |||
Baloise Holding AG | 2,869 | 481,253 | |||
Barry Callebaut AG | 197 | 454,412 | |||
Chocoladefabriken Lindt & Spruengli AG | 6 | 673,469 | |||
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates | 60 | 636,462 | |||
Cie Financiere Richemont SA, A Shares | 29,608 | 3,964,705 | |||
Clariant AG (A) | 12,102 | 218,475 | |||
Coca-Cola HBC AG | 10,730 | 272,614 | |||
Credit Suisse Group AG | 152,013 | 1,273,429 | |||
EMS-Chemie Holding AG | 386 | 381,805 | |||
Geberit AG | 2,009 | 1,314,243 | |||
Givaudan SA | 522 | 2,179,562 | |||
Glencore PLC (A) | 535,745 | 3,150,203 | |||
Holcim, Ltd. (A) | 29,777 | 1,498,916 | |||
Julius Baer Group, Ltd. | 12,802 | 749,640 | |||
Kuehne + Nagel International AG | 3,049 | 831,509 | |||
Logitech International SA | 9,783 | 732,051 | |||
Lonza Group AG | 4,224 | 2,922,595 | |||
Nestle SA | 159,637 | 20,800,022 | |||
Novartis AG | 124,372 | 10,931,237 | |||
Partners Group Holding AG | 1,297 | 1,753,270 | |||
Roche Holding AG | 39,888 | 15,106,927 | |||
Roche Holding AG, Bearer Shares | 1,765 | 736,728 | |||
Schindler Holding AG | 992 | 222,358 | |||
Schindler Holding AG, Participation Certificates | 2,435 | 558,699 | |||
SGS SA | 332 | 949,969 | |||
Sika AG | 8,035 | 2,666,294 | |||
Sonova Holding AG | 3,103 | 1,201,464 | |||
STMicroelectronics NV | 44,470 | 1,866,767 | |||
Straumann Holding AG | 586 | 930,840 | |||
Swiss Life Holding AG | 1,857 | 1,133,099 | |||
Swiss Prime Site AG | 4,191 | 410,691 | |||
Swiss Re AG | 17,425 | 1,665,059 | |||
Swisscom AG | 1,447 | 866,771 | |||
Temenos AG | 3,780 | 379,945 | |||
The Swatch Group AG | 2,056 | 121,803 | |||
The Swatch Group AG, Bearer Shares | 1,802 | 554,144 | |||
UBS Group AG | 200,545 | 3,689,380 | |||
VAT Group AG (B) | 1,519 | 574,023 | |||
Vifor Pharma AG | 2,758 | 484,110 | |||
Zurich Insurance Group AG | 8,672 | 3,980,414 | |||
99,278,196 | |||||
Taiwan - 4.8% | |||||
Accton Technology Corp. | 32,000 | 290,194 | |||
Acer, Inc. | 181,000 | 187,847 | |||
Advantech Company, Ltd. | 24,265 | 319,534 | |||
ASE Technology Holding Company, Ltd. | 209,000 | 755,391 | |||
Asia Cement Corp. | 137,000 | 221,427 | |||
ASMedia Technology, Inc. | 2,000 | 123,817 | |||
Asustek Computer, Inc. | 45,000 | 600,322 | |||
AU Optronics Corp. | 516,000 | 386,317 | |||
Catcher Technology Company, Ltd. | 44,000 | 225,844 | |||
Cathay Financial Holding Company, Ltd. | 506,000 | 1,137,810 | |||
Chailease Holding Company, Ltd. | 82,439 | 748,176 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Taiwan (continued) | |||||
Chang Hwa Commercial Bank, Ltd. | 261,893 | $ | 166,272 | ||
Cheng Shin Rubber Industry Company, Ltd. | 109,000 | 139,444 | |||
China Development Financial Holding Corp. | 958,548 | 656,428 | |||
China Steel Corp. | 741,000 | 963,563 | |||
Chunghwa Telecom Company, Ltd. | 238,000 | 1,057,819 | |||
Compal Electronics, Inc. | 263,000 | 239,596 | |||
CTBC Financial Holding Company, Ltd. | 1,160,000 | 1,133,875 | |||
Delta Electronics, Inc. | 123,000 | 1,096,190 | |||
E.Sun Financial Holding Company, Ltd. | 746,491 | 789,081 | |||
Eclat Textile Company, Ltd. | 12,340 | 255,786 | |||
eMemory Technology, Inc. | 4,000 | 269,949 | |||
Evergreen Marine Corp. Taiwan, Ltd. | 159,900 | 839,996 | |||
Far Eastern New Century Corp. | 181,000 | 191,868 | |||
Far EasTone Telecommunications Company, Ltd. | 94,000 | 232,493 | |||
Feng TAY Enterprise Company, Ltd. | 26,920 | 200,671 | |||
First Financial Holding Company, Ltd. | 637,291 | 586,778 | |||
Formosa Chemicals & Fibre Corp. | 222,000 | 629,386 | |||
Formosa Petrochemical Corp. | 69,000 | 242,713 | |||
Formosa Plastics Corp. | 242,000 | 913,796 | |||
Foxconn Technology Company, Ltd. | 58,000 | 133,502 | |||
Fubon Financial Holding Company, Ltd. | 480,100 | 1,296,301 | |||
Giant Manufacturing Company, Ltd. | 19,000 | 197,254 | |||
Globalwafers Company, Ltd. | 14,000 | 346,534 | |||
Hiwin Technologies Corp. | 17,742 | 169,393 | |||
Hon Hai Precision Industry Company, Ltd. | 786,800 | 2,922,616 | |||
Hotai Motor Company, Ltd. | 19,000 | 430,187 | |||
Hua Nan Financial Holdings Company, Ltd. | 518,896 | 411,449 | |||
Innolux Corp. | 598,000 | 363,891 | |||
Inventec Corp. | 165,000 | 152,377 | |||
Largan Precision Company, Ltd. | 6,000 | 436,037 | |||
Lite-On Technology Corp. | 133,000 | 327,031 | |||
MediaTek, Inc. | 95,000 | 3,754,005 | |||
Mega Financial Holding Company, Ltd. | 680,000 | 916,369 | |||
Micro-Star International Company, Ltd. | 43,000 | 242,382 | |||
momo.com, Inc. | 3,000 | 106,797 | |||
Nan Ya Plastics Corp. | 325,000 | 1,025,050 | |||
Nan Ya Printed Circuit Board Corp. | 14,000 | 268,095 | |||
Nanya Technology Corp. | 79,000 | 221,232 | |||
Nien Made Enterprise Company, Ltd. | 10,000 | 129,638 | |||
Novatek Microelectronics Corp. | 37,000 | 613,403 | |||
Oneness Biotech Company, Ltd. (A) | 14,000 | 124,100 | |||
Pegatron Corp. | 126,000 | 312,298 | |||
Pou Chen Corp. | 150,000 | 172,982 | |||
President Chain Store Corp. | 35,000 | 327,058 | |||
Quanta Computer, Inc. | 170,000 | 568,463 | |||
Realtek Semiconductor Corp. | 29,000 | 478,151 | |||
Ruentex Development Company, Ltd. | 71,976 | 185,844 | |||
Shin Kong Financial Holding Company, Ltd. | 766,988 | 311,040 | |||
SinoPac Financial Holdings Company, Ltd. | 629,601 | 386,614 | |||
Synnex Technology International Corp. | 83,000 | 214,884 | |||
Taishin Financial Holding Company, Ltd. | 637,651 | 446,882 | |||
Taiwan Cement Corp. | 325,988 | 553,405 | |||
Taiwan Cooperative Financial Holding Company, Ltd. | 581,059 | 551,242 | |||
Taiwan High Speed Rail Corp. | 114,000 | 120,654 | |||
Taiwan Mobile Company, Ltd. | 101,000 | 373,487 | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 1,549,816 | 33,320,359 |
The accompanying notes are an integral part of the financial statements. | 48 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Taiwan (continued) | |||||
The Shanghai Commercial & Savings Bank, Ltd. | 220,000 | $ | 362,394 | ||
Unimicron Technology Corp. | 76,000 | 706,633 | |||
Uni-President Enterprises Corp. | 301,000 | 724,174 | |||
United Microelectronics Corp. | 745,000 | 1,403,842 | |||
Vanguard International Semiconductor Corp. | 57,000 | 258,687 | |||
Voltronic Power Technology Corp. | 4,000 | 207,733 | |||
Wan Hai Lines, Ltd. | 38,300 | 260,879 | |||
Win Semiconductors Corp. | 21,000 | 229,902 | |||
Winbond Electronics Corp. | 189,000 | 227,611 | |||
Wistron Corp. | 173,040 | 182,361 | |||
Wiwynn Corp. | 5,000 | 178,578 | |||
WPG Holdings, Ltd. | 97,960 | 195,500 | |||
Yageo Corp. | 27,556 | 452,105 | |||
Yang Ming Marine Transport Corp. (A) | 110,000 | 464,915 | |||
Yuanta Financial Holding Company, Ltd. | 614,480 | 548,911 | |||
Zhen Ding Technology Holding, Ltd. | 43,000 | 142,622 | |||
75,060,236 | |||||
Thailand - 0.6% | |||||
Advanced Info Service PCL, NVDR | 78,700 | 553,995 | |||
Airports of Thailand PCL, NVDR (A) | 285,900 | 564,862 | |||
Asset World Corp. PCL, NVDR (A) | 515,600 | 75,959 | |||
B. Grimm Power PCL, NVDR | 50,700 | 53,791 | |||
Bangkok Commercial Asset Management PCL, NVDR | 117,600 | 79,170 | |||
Bangkok Dusit Medical Services PCL, NVDR | 634,100 | 461,031 | |||
Bangkok Expressway & Metro PCL, NVDR | 495,000 | 135,344 | |||
Berli Jucker PCL, NVDR | 80,700 | 82,981 | |||
BTS Group Holdings PCL, NVDR | 513,700 | 149,744 | |||
Bumrungrad Hospital PCL, NVDR | 31,200 | 147,024 | |||
Carabao Group PCL, NVDR | 19,800 | 64,824 | |||
Central Pattana PCL, NVDR | 134,600 | 228,892 | |||
Central Retail Corp. PCL, NVDR | 119,358 | 140,347 | |||
Charoen Pokphand Foods PCL, NVDR | 261,100 | 202,304 | |||
CP ALL PCL, NVDR | 387,000 | 808,527 | |||
Delta Electronics Thailand PCL, NVDR | 20,800 | 260,422 | |||
Electricity Generating PCL, NVDR | 17,600 | 96,947 | |||
Energy Absolute PCL, NVDR | 98,400 | 287,588 | |||
Global Power Synergy PCL, NVDR | 46,400 | 107,109 | |||
Gulf Energy Development PCL, NVDR | 191,900 | 298,353 | |||
Home Product Center PCL, NVDR | 388,300 | 181,833 | |||
Indorama Ventures PCL, NVDR | 113,000 | 156,556 | |||
Intouch Holdings PCL, NVDR | 74,800 | 173,936 | |||
Krung Thai Bank PCL, NVDR | 251,200 | 108,073 | |||
Krungthai Card PCL, NVDR | 60,400 | 117,539 | |||
Land & Houses PCL, NVDR | 558,900 | 164,597 | |||
Minor International PCL, NVDR (A) | 204,000 | 193,198 | |||
Muangthai Capital PCL, NVDR | 49,800 | 78,875 | |||
Osotspa PCL, NVDR | 72,400 | 78,371 | |||
PTT Exploration & Production PCL, NVDR | 91,900 | 386,922 | |||
PTT Global Chemical PCL, NVDR | 153,800 | 250,643 | |||
PTT Oil & Retail Business PCL, NVDR | 196,900 | 156,025 | |||
PTT PCL, NVDR | 666,500 | 811,310 | |||
Ratch Group PCL, NVDR | 53,800 | 75,870 | |||
SCG Packaging PCL, NVDR | 86,400 | 162,511 | |||
Sri Trang Gloves Thailand PCL, NVDR | 67,800 | 53,561 | |||
Srisawad Corp. PCL, NVDR | 50,900 | 90,364 | |||
Thai Oil PCL, NVDR | 69,800 | 116,034 | |||
Thai Union Group PCL, NVDR | 191,100 | 119,514 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Thailand (continued) | |||||
The Siam Cement PCL, NVDR | 52,300 | $ | 629,412 | ||
The Siam Commercial Bank PCL, NVDR | 56,900 | 219,876 | |||
True Corp. PCL, NVDR | 758,200 | 116,548 | |||
9,240,782 | |||||
Turkey - 0.1% | |||||
Akbank TAS | 155,234 | 79,236 | |||
Aselsan Elektronik Sanayi Ve Ticaret AS | 34,500 | 55,759 | |||
BIM Birlesik Magazalar AS | 21,306 | 112,715 | |||
Eregli Demir ve Celik Fabrikalari TAS | 67,615 | 152,175 | |||
Ford Otomotiv Sanayi AS | 3,266 | 63,663 | |||
KOC Holding AS | 35,950 | 82,323 | |||
Turkcell Iletisim Hizmetleri AS | 58,711 | 87,296 | |||
Turkiye Garanti Bankasi AS | 116,685 | 93,519 | |||
Turkiye Is Bankasi AS, Class C | 85,183 | 49,323 | |||
Turkiye Petrol Rafinerileri AS (A) | 5,597 | 78,117 | |||
Turkiye Sise ve Cam Fabrikalari AS | 69,980 | 62,535 | |||
916,661 | |||||
United Arab Emirates - 0.0% | |||||
NMC Health PLC (A) | 5,577 | 112 | |||
United Kingdom - 8.2% | |||||
3i Group PLC | 53,417 | 951,582 | |||
abrdn PLC | 124,448 | 344,938 | |||
Admiral Group PLC | 10,509 | 418,635 | |||
Anglo American PLC | 69,410 | 3,523,393 | |||
Ashtead Group PLC | 24,083 | 1,564,967 | |||
Associated British Foods PLC | 19,186 | 490,894 | |||
AstraZeneca PLC | 83,243 | 10,117,940 | |||
Auto Trader Group PLC (B) | 50,504 | 446,663 | |||
AVEVA Group PLC | 6,415 | 212,426 | |||
Aviva PLC | 217,415 | 1,218,265 | |||
BAE Systems PLC | 173,573 | 1,666,482 | |||
Barclays PLC | 902,365 | 2,204,996 | |||
Barratt Developments PLC | 55,528 | 452,290 | |||
BP PLC | 1,080,010 | 5,264,123 | |||
British American Tobacco PLC | 117,200 | 5,136,543 | |||
BT Group PLC | 479,442 | 1,196,260 | |||
Bunzl PLC | 17,979 | 710,494 | |||
Burberry Group PLC | 21,715 | 562,990 | |||
CNH Industrial NV | 104,846 | 1,491,387 | |||
Coca-Cola Europacific Partners PLC | 11,537 | 590,810 | |||
Compass Group PLC | 95,838 | 2,166,244 | |||
Croda International PLC | 7,485 | 749,245 | |||
Diageo PLC | 125,419 | 6,213,586 | |||
Entain PLC (A) | 31,468 | 707,481 | |||
Ferguson PLC | 11,958 | 1,822,146 | |||
GlaxoSmithKline PLC | 270,306 | 5,637,028 | |||
Halma PLC | 20,386 | 657,535 | |||
Hargreaves Lansdown PLC | 19,369 | 293,562 | |||
HSBC Holdings PLC | 1,098,354 | 7,625,127 | |||
Imperial Brands PLC | 50,980 | 1,114,748 | |||
Informa PLC (A) | 79,957 | 633,091 | |||
InterContinental Hotels Group PLC (A) | 9,891 | 688,743 | |||
Intertek Group PLC | 8,609 | 617,973 | |||
J Sainsbury PLC | 92,728 | 341,994 | |||
JD Sports Fashion PLC | 136,543 | 274,677 | |||
Johnson Matthey PLC | 10,534 | 264,716 | |||
Kingfisher PLC | 113,401 | 462,606 | |||
Land Securities Group PLC | 37,101 | 393,151 | |||
Legal & General Group PLC | 331,635 | 1,226,203 | |||
Lloyds Banking Group PLC | 3,817,400 | 2,460,350 | |||
London Stock Exchange Group PLC | 17,750 | 1,550,589 | |||
M&G PLC | 139,210 | 383,230 | |||
Melrose Industries PLC | 234,182 | 463,324 |
The accompanying notes are an integral part of the financial statements. | 49 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
United Kingdom (continued) | |||||
Mondi PLC | 26,092 | $ | 547,451 | ||
National Grid PLC | 193,551 | 2,926,385 | |||
NatWest Group PLC | 309,919 | 949,647 | |||
Next PLC | 7,098 | 649,914 | |||
Ocado Group PLC (A) | 26,134 | 480,579 | |||
Pearson PLC | 40,518 | 350,519 | |||
Persimmon PLC | 17,275 | 555,974 | |||
Phoenix Group Holdings PLC | 39,865 | 330,415 | |||
Prudential PLC | 142,062 | 2,147,773 | |||
Reckitt Benckiser Group PLC | 38,324 | 3,245,184 | |||
RELX PLC | 103,614 | 3,155,375 | |||
Rentokil Initial PLC | 99,251 | 673,557 | |||
Rio Tinto PLC | 60,382 | 4,721,418 | |||
Rolls-Royce Holdings PLC (A) | 449,649 | 620,277 | |||
Schroders PLC | 7,488 | 306,546 | |||
Segro PLC | 64,305 | 1,118,338 | |||
Severn Trent PLC | 12,890 | 495,920 | |||
Shell PLC | 413,505 | 10,904,518 | |||
Smith & Nephew PLC | 47,241 | 844,952 | |||
Smiths Group PLC | 21,211 | 432,719 | |||
Spirax-Sarco Engineering PLC | 3,951 | 629,613 | |||
SSE PLC | 55,867 | 1,267,894 | |||
St. James's Place PLC | 29,756 | 557,867 | |||
Standard Chartered PLC | 139,499 | 994,159 | |||
Taylor Wimpey PLC | 197,794 | 396,735 | |||
Tesco PLC | 415,486 | 1,609,585 | |||
The Berkeley Group Holdings PLC | 6,117 | 318,124 | |||
The British Land Company PLC | 46,146 | 326,103 | |||
The Sage Group PLC | 55,971 | 525,092 | |||
Unilever PLC | 139,523 | 7,008,556 | |||
United Utilities Group PLC | 35,639 | 511,517 | |||
Vodafone Group PLC | 1,486,310 | 2,616,425 | |||
Whitbread PLC (A) | 10,772 | 420,491 | |||
WPP PLC | 63,556 | 893,913 | |||
128,846,962 | |||||
United States - 0.1% | |||||
Bausch Health Companies, Inc. (A) | 23,423 | 563,446 | |||
Block, Inc., CHESS Depositary Interest (A) | 1,583 | 178,554 | |||
Brookfield Renewable Corp., Class A | 9,968 | 373,554 | |||
Legend Biotech Corp., ADR (A) | 2,728 | 108,002 | |||
Parade Technologies, Ltd. | 4,899 | 338,235 | |||
1,561,791 | |||||
TOTAL COMMON STOCKS (Cost $1,273,242,188) | $ | 1,394,827,958 | |||
PREFERRED SECURITIES - 0.9% | |||||
Brazil - 0.3% | |||||
Alpargatas SA | 10,600 | 52,779 | |||
Banco Bradesco SA | 274,861 | 1,076,717 | |||
Braskem SA, A Shares | 10,700 | 100,265 | |||
Centrais Eletricas Brasileiras SA, B Shares | 15,800 | 104,940 | |||
Cia Energetica de Minas Gerais | 60,150 | 147,805 | |||
Gerdau SA | 64,200 | 318,420 | |||
Itau Unibanco Holding SA | 270,900 | 1,329,891 | |||
Itausa SA | 260,128 | 503,769 | |||
Petroleo Brasileiro SA | 268,800 | 1,766,947 | |||
5,401,533 | |||||
Chile - 0.0% | |||||
Sociedad Quimica y Minera de Chile SA, B Shares | 9,744 | 647,117 | |||
Colombia - 0.1% | |||||
Bancolombia SA | 80,864 | 714,774 |
Shares or Principal Amount | Value | ||||
PREFERRED SECURITIES (continued) | |||||
Germany - 0.3% | |||||
Bayerische Motoren Werke AG | 3,090 | $ | 249,883 | ||
Fuchs Petrolub SE | 3,653 | 144,333 | |||
Henkel AG & Company KGaA | 9,781 | 776,297 | |||
Porsche Automobil Holding SE | 8,259 | 824,319 | |||
Sartorius AG | 1,404 | 619,886 | |||
Volkswagen AG | 10,045 | 1,974,627 | |||
4,589,345 | |||||
South Korea - 0.2% | |||||
Hyundai Motor Company | 1,480 | 108,553 | |||
Hyundai Motor Company, 2nd Preferred | 2,312 | 171,032 | |||
LG Chem, Ltd. | 483 | 109,472 | |||
LG Household & Health Care, Ltd. | 122 | 53,474 | |||
Samsung Electronics Company, Ltd. | 52,053 | 2,876,839 | |||
3,319,370 | |||||
Taiwan - 0.0% | |||||
China Development Financial Holding Corp. (A) | 96,788 | 32,176 | |||
TOTAL PREFERRED SECURITIES (Cost $13,647,258) | $ | 14,704,315 | |||
EXCHANGE-TRADED FUNDS - 6.4% | |||||
iShares MSCI India ETF | 1,237,596 | 54,144,825 | |||
iShares MSCI Saudi Arabia ETF | 339,390 | 15,812,180 | |||
KraneShares Bosera MSCI China A 50 Connect Index ETF (C) | 502,310 | 20,423,925 | |||
VanEck Russia ETF | 631,347 | 6,850,115 | |||
Xtrackers Harvest CSI 300 China A-Shares ETF | 94,953 | 3,479,078 | |||
TOTAL EXCHANGE-TRADED FUNDS (Cost $90,664,562) | $ | 100,710,123 | |||
WARRANTS - 0.0% | |||||
BTS Group Holdings PCL (Expiration Date: 11-20-26; Strike Price: THB 14.90) (A) | 100,920 | 1,761 | |||
BTS Group Holdings PCL (Expiration Date: 11-7-24; Strike Price: THB 11.90) (A) | 50,460 | 985 | |||
BTS Group Holdings PCL (Expiration Date: 9-5-22; Strike Price: THB 9.90) (A) | 25,230 | 536 | |||
Cie Financiere Richemont SA (Expiration Date: 11-22-23; Strike Price: CHF 67.00) (A) | 72,322 | 63,876 | |||
Minor International PCL (Expiration Date: 2-15-24; Strike Price: THB 31.00) (A) | 5,503 | 551 | |||
Minor International PCL (Expiration Date: 5-5-23; Strike Price: THB 28.00) (A) | 6,072 | 804 | |||
Minor International PCL (Expiration Date: 7-31-23; Strike Price: THB 21.60) (A) | 12,759 | 3,711 | |||
Srisawad Corp. PCL (Expiration Date: 8-29-25; Strike Price: THB 100.00) (A) | 2,652 | 702 | |||
TOTAL WARRANTS (Cost $0) | $ | 72,926 | |||
RIGHTS - 0.0% | |||||
Americanas SA (Expiration Date: 3-4-22; Strike Price: BRL 23.73) (A) | 560 | 1,472 | |||
Samsung Biologics Company, Ltd. (Expiration Date: 4-11-22; Strike Price: KRW 639,000.00) (A) | 69 | 8,034 | |||
TOTAL RIGHTS (Cost $0) | $ | 9,506 |
The accompanying notes are an integral part of the financial statements. | 50 |
Shares or Principal Amount | Value | ||||
SHORT-TERM INVESTMENTS - 3.8% | |||||
U.S. Government Agency - 3.1% | |||||
Federal Home Loan Bank Discount Note | |||||
0.030%, 03/01/2022 * | $ | 17,000,000 | $ | 17,000,000 | |
0.045%, 03/07/2022 * | 17,100,000 | 17,099,772 | |||
0.100%, 04/06/2022 * | 13,700,000 | 13,697,400 | |||
47,797,172 | |||||
Short-term funds - 0.7% | |||||
John Hancock Collateral Trust, 0.0896% (E)(F) | 1,112,226 | 11,123,933 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $58,922,449) | $ | 58,921,105 | |||
Total Investments (International Strategic Equity Allocation Fund) (Cost $1,436,476,457) - 99.8% | $ | 1,569,245,933 | |||
Other assets and liabilities, net - 0.2% | 3,375,737 | ||||
TOTAL NET ASSETS - 100.0% | $ | 1,572,621,670 |
Currency Abbreviations | |
BRL | Brazilian Real |
CHF | Swiss Franc |
KRW | Korean Won |
THB | Thai Bhat |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
NVDR | Non-Voting Depositary Receipt |
(A) | Non-income producing security. |
(B) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(C) | All or a portion of this security is on loan as of 2-28-22. |
(D) | 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. |
(E) | The rate shown is the annualized seven-day yield as of 2-28-22. |
(F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
* | 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. |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
Canadian Dollar Currency Futures | 70 | Long | Mar 2022 | $5,505,259 | $5,521,250 | $15,991 |
Mini MSCI EAFE Index Futures | 316 | Long | Mar 2022 | 35,996,306 | 34,120,100 | (1,876,206) |
Mini MSCI Emerging Markets Index Futures | 293 | Long | Mar 2022 | 18,076,378 | 17,232,795 | (843,583) |
S&P/TSX 60 Index Futures | 26 | Long | Mar 2022 | 5,180,863 | 5,232,409 | 51,546 |
$(2,652,252) |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 94.1% | |||||
Communication services – 5.6% | |||||
Entertainment – 0.4% | |||||
Madison Square Garden Entertainment Corp. (A) | 28,400 | $ | 2,225,424 | ||
Madison Square Garden Sports Corp. (A) | 26,127 | 4,519,971 | |||
6,745,395 | |||||
Media – 5.1% | |||||
DISH Network Corp., Class A (A) | 291,735 | 9,323,851 | |||
Fox Corp., Class A | 272,030 | 11,379,015 | |||
News Corp., Class A | 1,707,911 | 38,120,574 | |||
Paramount Global, Class B | 635,765 | 19,460,767 | |||
Scholastic Corp. | 275,395 | 11,588,622 | |||
89,872,829 | |||||
Wireless telecommunication services – 0.1% | |||||
Telephone & Data Systems, Inc. | 65,354 | 1,133,892 | |||
97,752,116 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Consumer discretionary – 2.4% | |||||
Diversified consumer services – 0.5% | |||||
Strategic Education, Inc. | 151,356 | $ | 8,933,031 | ||
Hotels, restaurants and leisure – 0.5% | |||||
Compass Group PLC | 393,489 | 8,894,052 | |||
Household durables – 0.3% | |||||
Mohawk Industries, Inc. (A) | 44,465 | 6,259,783 | |||
Textiles, apparel and luxury goods – 1.1% | |||||
Ralph Lauren Corp. | 145,010 | 19,147,120 | |||
43,233,986 | |||||
Consumer staples – 8.8% | |||||
Beverages – 0.5% | |||||
Carlsberg A/S, Class B | 63,199 | 9,268,109 | |||
Food and staples retailing – 1.5% | |||||
Sysco Corp. | 306,895 | 26,730,555 | |||
Food products – 6.2% | |||||
Bunge, Ltd. | 416,542 | 43,549,466 | |||
Campbell Soup Company | 465,122 | 20,916,536 | |||
Flowers Foods, Inc. | 1,525,338 | 41,809,515 |
The accompanying notes are an integral part of the financial statements. | 51 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Food products (continued) | |||||
The Kraft Heinz Company | 46,672 | $ | 1,830,476 | ||
108,105,993 | |||||
Household products – 0.6% | |||||
Kimberly-Clark Corp. | 79,540 | 10,352,131 | |||
154,456,788 | |||||
Energy – 11.5% | |||||
Energy equipment and services – 3.3% | |||||
Expro Group Holdings NV (A) | 821,358 | 13,215,650 | |||
NOV, Inc. | 851,715 | 14,606,912 | |||
SEACOR Marine Holdings, Inc. (A) | 341,561 | 1,748,792 | |||
TechnipFMC PLC (A) | 2,962,097 | 20,290,364 | |||
Tidewater, Inc. (A)(B) | 573,425 | 8,492,424 | |||
58,354,142 | |||||
Oil, gas and consumable fuels – 8.2% | |||||
APA Corp. | 378,113 | 13,472,168 | |||
Cameco Corp. | 1,325,336 | 32,576,759 | |||
Canadian Natural Resources, Ltd. | 514,017 | 28,697,569 | |||
EQT Corp. | 554,010 | 12,819,791 | |||
Equitrans Midstream Corp. | 1,637,813 | 10,498,381 | |||
Imperial Oil, Ltd. | 916,878 | 41,112,810 | |||
NAC Kazatomprom JSC, GDR | 158,247 | 4,645,013 | |||
143,822,491 | |||||
202,176,633 | |||||
Financials – 18.8% | |||||
Banks – 4.6% | |||||
Fifth Third Bancorp | 847,831 | 40,560,235 | |||
Popular, Inc. | 159,729 | 14,671,109 | |||
Webster Financial Corp. | 175,986 | 10,596,117 | |||
Westamerica BanCorp | 265,389 | 15,742,875 | |||
81,570,336 | |||||
Capital markets – 4.4% | |||||
Lazard, Ltd., Class A | 214,917 | 7,431,830 | |||
Northern Trust Corp. | 214,569 | 24,439,409 | |||
Open Lending Corp., Class A (A) | 278,700 | 5,805,321 | |||
State Street Corp. | 453,530 | 38,699,715 | |||
76,376,275 | |||||
Diversified financial services – 1.5% | |||||
Groupe Bruxelles Lambert SA | 166,554 | 17,294,350 | |||
Jackson Financial, Inc., Class A (B) | 207,860 | 8,499,395 | |||
25,793,745 | |||||
Insurance – 8.0% | |||||
Brighthouse Financial, Inc. (A) | 233,802 | 12,218,493 | |||
Brown & Brown, Inc. | 383,717 | 25,943,106 | |||
CNA Financial Corp. | 444,780 | 20,326,446 | |||
Kemper Corp. | 292,870 | 15,650,973 | |||
Loews Corp. | 643,222 | 39,455,237 | |||
Marsh & McLennan Companies, Inc. | 57,605 | 8,952,393 | |||
RenaissanceRe Holdings, Ltd. | 124,806 | 18,818,249 | |||
141,364,897 | |||||
Thrifts and mortgage finance – 0.3% | |||||
Capitol Federal Financial, Inc. | 464,566 | 5,073,061 | |||
330,178,314 | |||||
Health care – 13.8% | |||||
Biotechnology – 1.8% | |||||
ACADIA Pharmaceuticals, Inc. (A) | 178,596 | 4,538,124 | |||
Alkermes PLC (A) | 420,156 | 10,445,078 | |||
BioMarin Pharmaceutical, Inc. (A) | 73,476 | 5,739,945 | |||
Galapagos NV (A) | 98,756 | 6,523,365 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Biotechnology (continued) | |||||
Incyte Corp. (A) | 47,494 | $ | 3,243,840 | ||
30,490,352 | |||||
Health care equipment and supplies – 5.1% | |||||
Baxter International, Inc. | 193,658 | 16,455,120 | |||
Dentsply Sirona, Inc. | 376,691 | 20,394,051 | |||
Hologic, Inc. (A) | 121,681 | 8,660,037 | |||
Koninklijke Philips NV | 669,142 | 22,856,999 | |||
Zimmer Biomet Holdings, Inc. | 168,436 | 21,423,375 | |||
89,789,582 | |||||
Health care providers and services – 6.9% | |||||
Cardinal Health, Inc. | 814,380 | 43,984,664 | |||
Centene Corp. (A) | 154,443 | 12,760,081 | |||
Covetrus, Inc. (A) | 112,216 | 1,988,468 | |||
Fresenius SE & Company KGaA | 296,375 | 10,341,185 | |||
Patterson Companies, Inc. | 839,860 | 25,111,814 | |||
Select Medical Holdings Corp. | 1,192,492 | 27,606,190 | |||
121,792,402 | |||||
242,072,336 | |||||
Industrials – 6.0% | |||||
Aerospace and defense – 3.0% | |||||
Rolls-Royce Holdings PLC (A) | 8,351,972 | 11,521,218 | |||
Textron, Inc. | 557,691 | 40,783,943 | |||
52,305,161 | |||||
Air freight and logistics – 0.4% | |||||
CH Robinson Worldwide, Inc. | 71,943 | 6,955,449 | |||
Airlines – 0.1% | |||||
Southwest Airlines Company (A) | 49,901 | 2,185,664 | |||
Commercial services and supplies – 0.2% | |||||
Cintas Corp. | 9,477 | 3,556,908 | |||
Machinery – 1.7% | |||||
AGCO Corp. | 36,385 | 4,372,022 | |||
PACCAR, Inc. | 270,566 | 24,840,664 | |||
29,212,686 | |||||
Road and rail – 0.6% | |||||
JB Hunt Transport Services, Inc. | 52,723 | 10,699,078 | |||
104,914,946 | |||||
Information technology – 1.2% | |||||
Electronic equipment, instruments and components – 0.8% | |||||
National Instruments Corp. | 344,289 | 13,823,203 | |||
Semiconductors and semiconductor equipment – 0.4% | |||||
Applied Materials, Inc. | 52,555 | 7,052,881 | |||
20,876,084 | |||||
Materials – 11.6% | |||||
Chemicals – 2.8% | |||||
Corteva, Inc. | 544,344 | 28,322,218 | |||
PPG Industries, Inc. | 42,786 | 5,709,792 | |||
The Scotts Miracle-Gro Company | 48,500 | 6,792,910 | |||
Westlake Corp. | 84,994 | 9,375,688 | |||
50,200,608 | |||||
Construction materials – 1.8% | |||||
Summit Materials, Inc., Class A (A) | 643,165 | 20,079,611 | |||
Vulcan Materials Company | 62,619 | 11,362,218 | |||
31,441,829 | |||||
Metals and mining – 7.0% | |||||
AngloGold Ashanti, Ltd., ADR | 756,927 | 17,590,983 | |||
Centerra Gold, Inc. | 190,470 | 1,857,364 | |||
Cia de Minas Buenaventura SAA, ADR (A) | 1,374,469 | 13,607,243 | |||
Franco-Nevada Corp. | 252,555 | 37,192,833 | |||
Freeport-McMoRan, Inc. | 517,485 | 24,295,921 |
The accompanying notes are an integral part of the financial statements. | 52 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Metals and mining (continued) | |||||
Fresnillo PLC | 1,723,529 | $ | 16,441,513 | ||
Gold Fields, Ltd., ADR | 828,396 | 11,614,112 | |||
122,599,969 | |||||
204,242,406 | |||||
Real estate – 7.2% | |||||
Equity real estate investment trusts – 7.0% | |||||
Apartment Income REIT Corp. | 41,601 | 2,147,028 | |||
Apartment Investment and Management Company, Class A (A) | 1,120,044 | 7,997,114 | |||
Equity Commonwealth (A) | 854,295 | 22,698,618 | |||
Equity Residential | 157,216 | 13,410,525 | |||
Rayonier, Inc. | 692,647 | 27,498,086 | |||
Regency Centers Corp. | 255,754 | 16,851,631 | |||
Weyerhaeuser Company | 835,064 | 32,467,288 | |||
123,070,290 | |||||
Real estate management and development – 0.2% | |||||
The St. Joe Company | 78,148 | 4,222,336 | |||
127,292,626 | |||||
Utilities – 7.2% | |||||
Electric utilities – 4.7% | |||||
FirstEnergy Corp. | 1,120,505 | 46,893,134 | |||
PG&E Corp. (A) | 3,206,650 | 36,459,611 | |||
83,352,745 | |||||
Gas utilities – 1.2% | |||||
Atmos Energy Corp. | 27,248 | 2,992,103 | |||
National Fuel Gas Company | 284,492 | 17,706,782 | |||
20,698,885 | |||||
Independent power and renewable electricity producers – 0.4% | |||||
Vistra Corp. | 267,717 | 6,109,302 | |||
Multi-utilities – 0.9% | |||||
CenterPoint Energy, Inc. | 601,996 | 16,464,591 | |||
126,625,523 | |||||
TOTAL COMMON STOCKS (Cost $1,130,179,879) | $ | 1,653,821,758 | |||
PREFERRED SECURITIES – 0.2% | |||||
Consumer staples – 0.2% | |||||
Food products – 0.2% | |||||
Bunge, Ltd., 4.875% | 21,349 | 2,876,351 | |||
TOTAL PREFERRED SECURITIES (Cost $2,341,214) | $ | 2,876,351 | |||
CORPORATE BONDS - 0.0% | |||||
Energy - 0.0% | |||||
Weatherford International, Ltd. 11.000%, 12/01/2024 (C) | $ | 410,000 | 424,350 | ||
TOTAL CORPORATE BONDS (Cost $313,949) | $ | 424,350 | |||
SHORT-TERM INVESTMENTS – 6.0% | |||||
Short-term funds – 6.0% | |||||
John Hancock Collateral Trust, 0.0896% (D)(E) | 197,534 | 1,975,635 | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0265% (D) | 11,623,500 | 11,623,500 | |||
T. Rowe Price Government Reserve Fund, 0.1031% (D) | 92,103,458 | 92,103,458 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $105,702,512) | $ | 105,702,593 | |||
Total Investments (Mid Value Fund) (Cost $1,238,537,554) – 100.3% | $ | 1,762,825,052 | |||
Other assets and liabilities, net – (0.3%) | (5,424,241) | ||||
TOTAL NET ASSETS – 100.0% | $ | 1,757,400,811 |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 2-28-22. |
(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. |
(D) | The rate shown is the annualized seven-day yield as of 2-28-22. |
(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. |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 94.4% | |||||
Communication services – 12.6% | |||||
Entertainment – 1.7% | |||||
CTS Eventim AG & Company KGaA (A) | 10,958 | $ | 763,585 | ||
Netflix, Inc. (A) | 2,608 | 1,028,908 | |||
ROBLOX Corp., Class A (A) | 20,883 | 1,076,936 | |||
Take-Two Interactive Software, Inc. (A) | 539 | 87,318 | |||
2,956,747 | |||||
Interactive media and services – 10.9% | |||||
Alphabet, Inc., Class A (A) | 367 | 991,318 | |||
Alphabet, Inc., Class C (A) | 1,830 | 4,937,011 | |||
Baidu, Inc., ADR (A) | 29,135 | 4,441,339 | |||
Kanzhun, Ltd., ADR (A) | 4,412 | 142,508 | |||
Kuaishou Technology (A)(B) | 3,500 | 40,503 | |||
Meta Platforms, Inc., Class A (A) | 20,586 | 4,344,264 | |||
Pinterest, Inc., Class A (A) | 57,950 | 1,550,163 | |||
VK Company, Ltd., GDR (A) | 159,991 | 116,165 | |||
ZoomInfo Technologies, Inc. (A) | 53,381 | 2,919,407 | |||
19,482,678 | |||||
22,439,425 | |||||
Consumer discretionary – 22.6% | |||||
Automobiles – 1.0% | |||||
Rivian Automotive, Inc., Class A (A)(C) | 10,221 | 690,531 | |||
Tesla, Inc. (A) | 1,271 | 1,106,317 | |||
1,796,848 | |||||
Diversified consumer services – 0.2% | |||||
New Oriental Education & Technology Group, Inc., ADR (A) | 232,611 | 351,243 | |||
Hotels, restaurants and leisure – 5.7% | |||||
Airbnb, Inc., Class A (A) | 1,455 | 220,418 | |||
Booking Holdings, Inc. (A) | 1,163 | 2,526,327 | |||
Expedia Group, Inc. (A) | 5,993 | 1,175,287 | |||
Tongcheng Travel Holdings, Ltd. (A) | 537,200 | 1,000,507 | |||
Trip.com Group, Ltd., ADR (A) | 203,553 | 5,255,738 | |||
10,178,277 | |||||
Internet and direct marketing retail – 15.0% | |||||
Alibaba Group Holding, Ltd., ADR (A) | 42,623 | 4,483,513 | |||
Amazon.com, Inc. (A) | 3,230 | 9,920,170 | |||
Boohoo Group PLC (A) | 742,588 | 892,679 | |||
Coupang, Inc. (A) | 33,751 | 895,077 | |||
Deliveroo PLC (A)(B) | 350,556 | 598,308 | |||
Delivery Hero SE (A)(B) | 33,508 | 1,796,050 | |||
D-Market Elektronik Hizmetler ve Ticaret AS, ADR (A)(C) | 38,444 | 68,430 | |||
DoorDash, Inc., Class A (A) | 7,298 | 765,925 | |||
Etsy, Inc. (A) | 11,704 | 1,812,833 | |||
Naspers, Ltd., N Shares | 8,994 | 1,132,619 | |||
Wayfair, Inc., Class A (A) | 3,833 | 539,955 |
The accompanying notes are an integral part of the financial statements. | 53 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Internet and direct marketing retail (continued) | |||||
Zalando SE (A)(B) | 58,408 | $ | 3,865,830 | ||
26,771,389 | |||||
Specialty retail – 0.7% | |||||
Auto1 Group SE (A)(B) | 40,188 | 582,654 | |||
Warby Parker, Inc., Class A (A)(C) | 20,285 | 607,130 | |||
1,189,784 | |||||
40,287,541 | |||||
Industrials – 0.3% | |||||
Electrical equipment – 0.0% | |||||
Bloom Energy Corp., Class A (A) | 410 | 9,102 | |||
Professional services – 0.0% | |||||
LegalZoom.com, Inc. (A) | 1,200 | 18,732 | |||
Road and rail – 0.3% | |||||
DiDi Global, Inc. (A) | 16,798 | 275,487 | |||
Lyft, Inc., Class A (A) | 5,738 | 223,438 | |||
498,925 | |||||
526,759 | |||||
Information technology – 58.9% | |||||
Communications equipment – 0.5% | |||||
Arista Networks, Inc. (A) | 1,888 | 231,714 | |||
F5, Inc. (A) | 2,912 | 584,875 | |||
816,589 | |||||
Electronic equipment, instruments and components – 0.3% | |||||
Cognex Corp. | 1,335 | 90,193 | |||
Flex, Ltd. (A) | 7,579 | 124,978 | |||
Samsung SDI Company, Ltd. | 555 | 255,766 | |||
470,937 | |||||
IT services – 7.6% | |||||
Adyen NV (A)(B) | 135 | 281,377 | |||
Block, Inc. (A) | 1,044 | 133,110 | |||
Cloudflare, Inc., Class A (A) | 712 | 82,891 | |||
DXC Technology Company (A) | 24,685 | 840,031 | |||
Global Payments, Inc. | 1,525 | 203,405 | |||
Mastercard, Inc., Class A | 8,445 | 3,047,125 | |||
MongoDB, Inc. (A) | 10,167 | 3,883,692 | |||
Okta, Inc. (A) | 12,819 | 2,343,826 | |||
Shopify, Inc., Class A (A) | 700 | 485,982 | |||
Snowflake, Inc., Class A (A) | 3,456 | 918,121 | |||
Toast, Inc., Class A (A) | 67 | 1,375 | |||
Twilio, Inc., Class A (A) | 1,920 | 335,616 | |||
Visa, Inc., Class A | 4,855 | 1,049,263 | |||
13,605,814 | |||||
Semiconductors and semiconductor equipment – 14.7% | |||||
Advanced Micro Devices, Inc. (A) | 14,786 | 1,823,705 | |||
Applied Materials, Inc. | 15,894 | 2,132,975 | |||
ASML Holding NV, NYRS | 295 | 196,620 | |||
Broadcom, Inc. | 2,450 | 1,439,228 | |||
GlobalFoundries, Inc. (A)(C) | 1,930 | 117,305 | |||
Infineon Technologies AG | 16,530 | 559,307 | |||
KLA Corp. | 1,135 | 395,548 | |||
Lam Research Corp. | 973 | 546,194 | |||
Marvell Technology, Inc. | 21,067 | 1,439,508 | |||
Micron Technology, Inc. | 37,949 | 3,372,148 | |||
Monolithic Power Systems, Inc. | 175 | 80,273 | |||
NVIDIA Corp. | 9,874 | 2,407,775 | |||
NXP Semiconductors NV | 4,740 | 901,169 | |||
Onsemi Corp. (A) | 35,961 | 2,251,518 | |||
QUALCOMM, Inc. | 17,337 | 2,981,791 | |||
SK Hynix, Inc. | 15,398 | 1,605,311 | |||
STMicroelectronics NV | 20,601 | 864,789 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Semiconductors and semiconductor equipment (continued) | |||||
Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 14,795 | $ | 1,583,213 | ||
Teradyne, Inc. | 2,883 | 339,963 | |||
Tokyo Electron, Ltd. | 1,700 | 834,322 | |||
Wolfspeed, Inc. (A) | 2,260 | 232,147 | |||
26,104,809 | |||||
Software – 27.8% | |||||
Altair Engineering, Inc., Class A (A) | 1,864 | 123,807 | |||
Alteryx, Inc., Class A (A) | 3,335 | 207,771 | |||
Asana, Inc., Class A (A) | 2,590 | 141,906 | |||
Atlassian Corp. PLC, Class A (A) | 2,653 | 811,075 | |||
Box, Inc., Class A (A) | 9,812 | 251,285 | |||
Citrix Systems, Inc. | 28,169 | 2,887,323 | |||
Coupa Software, Inc. (A) | 6,857 | 829,766 | |||
Crowdstrike Holdings, Inc., Class A (A) | 9,630 | 1,879,872 | |||
Datadog, Inc., Class A (A) | 18,415 | 2,966,841 | |||
ForgeRock, Inc., Class A (A) | 3,863 | 57,211 | |||
Fortinet, Inc. (A) | 6,112 | 2,105,706 | |||
HashiCorp, Inc., Class A (A) | 725 | 36,533 | |||
HubSpot, Inc. (A) | 3,105 | 1,630,125 | |||
Intuit, Inc. | 3,220 | 1,527,471 | |||
KnowBe4, Inc., Class A (A) | 15,147 | 305,061 | |||
Microsoft Corp. | 43,026 | 12,855,734 | |||
NortonLifeLock, Inc. | 39,422 | 1,142,450 | |||
Oracle Corp. | 2,590 | 196,762 | |||
Palo Alto Networks, Inc. (A) | 6,862 | 4,077,744 | |||
Paycom Software, Inc. (A) | 759 | 257,460 | |||
Procore Technologies, Inc. (A) | 588 | 38,332 | |||
salesforce.com, Inc. (A) | 27,679 | 5,827,260 | |||
Smartsheet, Inc., Class A (A) | 1,518 | 80,712 | |||
TeamViewer AG (A)(B) | 41,698 | 665,424 | |||
The Trade Desk, Inc., Class A (A) | 16,974 | 1,448,222 | |||
Workday, Inc., Class A (A) | 3,865 | 885,278 | |||
Zoom Video Communications, Inc., Class A (A) | 33,348 | 4,421,945 | |||
Zscaler, Inc. (A) | 7,707 | 1,843,129 | |||
49,502,205 | |||||
Technology hardware, storage and peripherals – 8.0% | |||||
Apple, Inc. | 32,610 | 5,384,563 | |||
Hewlett Packard Enterprise Company | 8,205 | 130,624 | |||
Pure Storage, Inc., Class A (A) | 151,294 | 3,924,566 | |||
Samsung Electronics Company, Ltd. | 50,657 | 3,052,255 | |||
Seagate Technology Holdings PLC | 16,817 | 1,734,842 | |||
14,226,850 | |||||
104,727,204 | |||||
TOTAL COMMON STOCKS (Cost $166,629,657) | $ | 167,980,929 | |||
SHORT-TERM INVESTMENTS – 6.5% | |||||
Short-term funds – 2.5% | |||||
John Hancock Collateral Trust, 0.0896% (D)(E) | 146,668 | 1,466,901 | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0265% (D) | 2,166,873 | 2,166,873 | |||
T. Rowe Price Government Reserve Fund, 0.1031% (D) | 762,147 | 762,147 | |||
4,395,921 |
The accompanying notes are an integral part of the financial statements. | 54 |
Shares or Principal Amount | Value | ||||
SHORT-TERM INVESTMENTS (continued) | |||||
Repurchase agreement – 4.0% | |||||
Repurchase Agreement with State Street Corp. dated 2-28-22 at 0.000% to be repurchased at $7,178,000 on 3-1-22, collateralized by $7,453,700 U.S. Treasury Notes, 0.125% due 7-31-23 (valued at $7,321,655) | $ | 7,178,000 | $ | 7,178,000 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $11,573,921) | $ | 11,573,921 | |||
Total Investments (Science & Technology Fund) (Cost $178,203,578) – 100.9% | $ | 179,554,850 | |||
Other assets and liabilities, net – (0.9%) | (1,562,006) | ||||
TOTAL NET ASSETS – 100.0% | $ | 177,992,844 |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
NYRS | New York Registry Shares |
(A) | Non-income producing security. |
(B) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(C) | All or a portion of this security is on loan as of 2-28-22. |
(D) | The rate shown is the annualized seven-day yield as of 2-28-22. |
(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. |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 92.4% | |||||
Communication services – 7.3% | |||||
Diversified telecommunication services – 1.1% | |||||
AT&T, Inc. | 670,442 | $ | 15,882,771 | ||
BCE, Inc. | 13,405 | 704,040 | |||
BT Group PLC | 907,911 | 2,265,322 | |||
Cellnex Telecom SA (A)(B) | 54,942 | 2,485,148 | |||
China Tower Corp., Ltd., H Shares (A) | 4,758,400 | 554,608 | |||
Chunghwa Telecom Company, Ltd. | 451,479 | 2,006,651 | |||
Deutsche Telekom AG | 338,725 | 6,071,535 | |||
Elisa OYJ | 10,703 | 593,023 | |||
HKT Trust & HKT, Ltd. | 363,322 | 490,249 | |||
Infrastrutture Wireless Italiane SpA (A) | 63,956 | 653,075 | |||
Koninklijke KPN NV | 352,557 | 1,206,497 | |||
LG Uplus Corp. | 25,494 | 280,035 | |||
Lumen Technologies, Inc. | 102,153 | 1,058,305 | |||
Nippon Telegraph & Telephone Corp. | 129,800 | 3,730,567 | |||
Orange Polska SA (B) | 74,301 | 138,081 | |||
Orange SA | 244,494 | 2,956,346 | |||
Proximus SADP | 17,398 | 345,877 | |||
Sarana Menara Nusantara Tbk PT | 3,015,700 | 218,078 | |||
Singapore Telecommunications, Ltd. | 588,110 | 1,103,164 | |||
Singapore Telecommunications, Ltd. | 229,178 | 425,775 | |||
Spark New Zealand, Ltd. | 323,122 | 992,082 | |||
Swisscom AG | 2,740 | 1,641,293 | |||
Telecom Italia SpA | 1,936,555 | 813,635 | |||
Telefonica Brasil SA | 53,354 | �� | 523,224 | ||
Telefonica Deutschland Holding AG | 98,844 | 269,730 | |||
Telefonica SA | 569,941 | 2,721,992 | |||
Telekom Malaysia BHD | 124,718 | 150,309 | |||
Telenor ASA | 97,641 | 1,444,658 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Diversified telecommunication services (continued) | |||||
Telesites SAB de CV | 249,300 | $ | 278,014 | ||
Telia Company AB | 272,794 | 1,014,295 | |||
Telkom Indonesia Persero Tbk PT | 6,489,560 | 1,959,282 | |||
Telstra Corp., Ltd. | 413,807 | 1,189,129 | |||
TELUS Corp. | 67,808 | 1,712,453 | |||
Tower Bersama Infrastructure Tbk PT | 1,030,900 | 212,004 | |||
True Corp. PCL, NVDR | 1,435,800 | 220,707 | |||
United Internet AG | 9,484 | 322,535 | |||
Verizon Communications, Inc. | 391,740 | 21,024,686 | |||
79,659,175 | |||||
Entertainment – 1.2% | |||||
Activision Blizzard, Inc. | 80,698 | 6,576,887 | |||
Alibaba Pictures Group, Ltd. (B) | 1,330,500 | 133,022 | |||
Bilibili, Inc., ADR (B) | 18,800 | 594,268 | |||
Bollore SA | 105,319 | 532,926 | |||
Capcom Company, Ltd. | 17,500 | 424,740 | |||
CD Projekt SA (C) | 8,079 | 320,895 | |||
Electronic Arts, Inc. | 29,442 | 3,830,110 | |||
HYBE Company, Ltd. (B) | 1,989 | 483,298 | |||
iQIYI, Inc., ADR (B) | 31,600 | 130,824 | |||
Kakao Games Corp. (B) | 3,583 | 222,618 | |||
Kingsoft Corp., Ltd. | 108,400 | 405,395 | |||
Koei Tecmo Holdings Company, Ltd. | 5,830 | 202,450 | |||
Konami Holdings Corp. | 9,400 | 534,773 | |||
Krafton, Inc. (B) | 2,635 | 653,703 | |||
Live Nation Entertainment, Inc. (B) | 13,908 | 1,680,365 | |||
NCSoft Corp. | 1,974 | 731,258 | |||
NetEase, Inc. | 229,500 | 4,438,920 | |||
Netflix, Inc. (B) | 46,710 | 18,428,029 | |||
Netmarble Corp. (A) | 2,551 | 219,202 | |||
Nexon Company, Ltd. | 49,800 | 1,087,997 | |||
Nintendo Company, Ltd. | 11,239 | 5,692,012 | |||
Pearl Abyss Corp. (B) | 3,538 | 283,758 | |||
Sea, Ltd., ADR (B) | 13,700 | 1,994,720 | |||
Square Enix Holdings Company, Ltd. | 8,600 | 419,410 | |||
Take-Two Interactive Software, Inc. (B) | 11,752 | 1,903,824 | |||
Tencent Music Entertainment Group, ADR (B) | 76,900 | 414,491 | |||
The Walt Disney Company (B) | 177,002 | 26,277,717 | |||
Toho Company, Ltd. | 11,100 | 462,930 | |||
Ubisoft Entertainment SA (B) | 11,307 | 606,247 | |||
Universal Music Group NV | 76,309 | 1,742,327 | |||
81,429,116 | |||||
Interactive media and services – 3.7% | |||||
Adevinta ASA (B) | 36,116 | 386,904 | |||
Alphabet, Inc., Class A (B) | 28,899 | 78,060,245 | |||
Alphabet, Inc., Class C (B) | 26,834 | 72,393,302 | |||
Auto Trader Group PLC (A) | 95,635 | 845,803 | |||
Autohome, Inc., ADR | 8,800 | 269,192 | |||
Baidu, Inc., ADR (B) | 31,700 | 4,832,348 | |||
Hello Group, Inc., ADR | 18,200 | 173,446 | |||
JOYY, Inc., ADR | 6,400 | 296,256 | |||
Kakaku.com, Inc. | 13,200 | 290,412 | |||
Kakao Corp. | 37,273 | 2,951,901 | |||
Kanzhun, Ltd., ADR (B) | 7,700 | 248,710 | |||
Kuaishou Technology (A)(B) | 53,900 | 623,753 | |||
Match Group, Inc. (B) | 27,408 | 3,055,718 | |||
Meta Platforms, Inc., Class A (B) | 223,294 | 47,121,733 | |||
NAVER Corp. | 14,750 | 3,930,244 | |||
REA Group, Ltd. | 5,200 | 501,223 | |||
Scout24 SE (A) | 8,701 | 507,532 | |||
SEEK, Ltd. | 33,215 | 648,450 | |||
Tencent Holdings, Ltd. | 657,612 | 35,485,606 | |||
Twitter, Inc. (B) | 74,901 | 2,662,731 | |||
Weibo Corp., ADR (B) | 7,200 | 197,496 |
The accompanying notes are an integral part of the financial statements. | 55 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Interactive media and services (continued) | |||||
Z Holdings Corp. | 270,407 | $ | 1,323,601 | ||
256,806,606 | |||||
Media – 0.7% | |||||
Charter Communications, Inc., Class A (B) | 11,759 | 7,076,331 | |||
Cheil Worldwide, Inc. | 8,066 | 151,656 | |||
China Literature, Ltd. (A)(B) | 45,800 | 248,563 | |||
Comcast Corp., Class A | 433,205 | 20,256,666 | |||
CyberAgent, Inc. | 40,500 | 529,969 | |||
Cyfrowy Polsat SA | 29,298 | 189,673 | |||
Dentsu Group, Inc. | 21,544 | 859,609 | |||
Discovery, Inc., Series A (B)(C) | 15,376 | 431,297 | |||
Discovery, Inc., Series C (B) | 27,555 | 770,713 | |||
DISH Network Corp., Class A (B) | 23,291 | 744,380 | |||
Embracer Group AB (B)(C) | 58,296 | 500,421 | |||
Fox Corp., Class A | 29,821 | 1,247,412 | |||
Fox Corp., Class B | 13,677 | 523,282 | |||
Grupo Televisa SAB, Series CPO | 460,297 | 984,601 | |||
Hakuhodo DY Holdings, Inc. | 23,200 | 308,292 | |||
Informa PLC (B) | 151,414 | 1,198,871 | |||
Megacable Holdings SAB de CV, Series CPO | 59,200 | 174,152 | |||
MultiChoice Group | 41,411 | 339,765 | |||
News Corp., Class A | 36,939 | 824,478 | |||
News Corp., Class B | 11,523 | 258,461 | |||
Omnicom Group, Inc. | 20,069 | 1,683,588 | |||
Paramount Global, Class B | 56,006 | 1,714,344 | |||
Pearson PLC | 76,727 | 663,758 | |||
Publicis Groupe SA | 27,989 | 1,857,510 | |||
Quebecor, Inc., Class B | 25,645 | 560,852 | |||
Schibsted ASA, B Shares | 12,598 | 327,034 | |||
Schibsted ASA, Class A | 11,425 | 328,331 | |||
Shaw Communications, Inc., Class B | 66,037 | 1,980,329 | |||
The Interpublic Group of Companies, Inc. | 39,429 | 1,450,987 | |||
Vivendi SE | 94,810 | 1,196,860 | |||
WPP PLC | 120,353 | 1,692,752 | |||
51,074,937 | |||||
Wireless telecommunication services – 0.6% | |||||
Advanced Info Service PCL, NVDR | 149,000 | 1,048,858 | |||
America Movil SAB de CV, Series L | 6,562,600 | 5,966,291 | |||
Axiata Group BHD | 297,253 | 278,338 | |||
DiGi.Com BHD | 327,520 | 316,631 | |||
Far EasTone Telecommunications Company, Ltd. | 177,595 | 439,251 | |||
Globe Telecom, Inc. | 2,730 | 137,174 | |||
Intouch Holdings PCL, NVDR | 141,700 | 329,502 | |||
KDDI Corp. | 162,967 | 5,303,148 | |||
Maxis BHD | 252,760 | 242,331 | |||
MTN Group, Ltd. (B) | 190,490 | 2,377,800 | |||
PLDT, Inc. | 7,810 | 274,112 | |||
Rogers Communications, Inc., Class B | 51,981 | 2,685,788 | |||
SK Telecom Company, Ltd. | 3,139 | 143,242 | |||
SoftBank Corp. | 288,700 | 3,647,546 | |||
SoftBank Group Corp. | 121,952 | 5,472,717 | |||
Taiwan Mobile Company, Ltd. | 191,000 | 706,297 | |||
Tele2 AB, B Shares | 51,454 | 681,825 | |||
TIM SA | 88,989 | 236,042 | |||
T-Mobile US, Inc. (B) | 55,689 | 6,861,442 | |||
Turkcell Iletisim Hizmetleri AS | 111,192 | 165,329 | |||
Vodacom Group, Ltd. | 71,449 | 687,345 | |||
Vodafone Group PLC | 2,814,576 | 4,954,606 | |||
42,955,615 | |||||
511,925,449 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Consumer discretionary – 10.6% | |||||
Auto components – 0.3% | |||||
Aisin Corp. | 15,000 | $ | 546,364 | ||
Aptiv PLC (B) | 26,619 | 3,445,563 | |||
BorgWarner, Inc. | 23,607 | 968,123 | |||
Bridgestone Corp. | 57,500 | 2,367,903 | |||
Cheng Shin Rubber Industry Company, Ltd. | 206,730 | 264,470 | |||
Cie Generale des Etablissements Michelin SCA | 20,809 | 2,864,516 | |||
Continental AG (B) | 11,200 | 954,387 | |||
Denso Corp. | 43,716 | 3,074,115 | |||
Faurecia SE | 14,360 | 540,712 | |||
Fuyao Glass Industry Group Company, Ltd., H Shares (A) | 67,900 | 333,124 | |||
Hankook Tire & Technology Company, Ltd. | 9,203 | 271,150 | |||
Hanon Systems | 22,320 | 216,152 | |||
Hyundai Mobis Company, Ltd. | 8,015 | 1,504,944 | |||
Koito Manufacturing Company, Ltd. | 10,476 | 541,849 | |||
Magna International, Inc. | 41,246 | 3,064,407 | |||
Minth Group, Ltd. | 86,000 | 310,959 | |||
Stanley Electric Company, Ltd. | 13,300 | 316,045 | |||
Sumitomo Electric Industries, Ltd. | 76,400 | 1,014,219 | |||
Valeo | 28,030 | 618,176 | |||
23,217,178 | |||||
Automobiles – 2.2% | |||||
Astra International Tbk PT | 2,685,908 | 1,089,230 | |||
Bayerische Motoren Werke AG | 33,764 | 3,251,715 | |||
Brilliance China Automotive Holdings, Ltd. (B) | 316,300 | 145,498 | |||
BYD Company, Ltd., H Shares | 89,694 | 2,779,379 | |||
Dongfeng Motor Group Company, Ltd., H Shares | 315,680 | 271,714 | |||
Ferrari NV | 24,350 | 5,232,531 | |||
Ford Motor Company | 388,511 | 6,822,253 | |||
Ford Otomotiv Sanayi AS | 6,185 | 120,561 | |||
Geely Automobile Holdings, Ltd. | 672,000 | 1,251,696 | |||
General Motors Company (B) | 143,809 | 6,718,756 | |||
Great Wall Motor Company, Ltd., H Shares | 354,250 | 745,803 | |||
Guangzhou Automobile Group Company, Ltd., H Shares | 337,346 | 333,990 | |||
Honda Motor Company, Ltd. | 164,827 | 5,007,591 | |||
Hyundai Motor Company | 16,670 | 2,452,936 | |||
Isuzu Motors, Ltd. | 58,900 | 796,599 | |||
Kia Corp. | 31,643 | 1,961,718 | |||
Li Auto, Inc., ADR (B) | 63,000 | 1,918,350 | |||
Mazda Motor Corp. (B) | 57,080 | 422,184 | |||
Mercedes-Benz Group AG | 87,118 | 6,805,613 | |||
NIO, Inc., ADR (B) | 155,600 | 3,553,904 | |||
Nissan Motor Company, Ltd. (B) | 233,925 | 1,115,633 | |||
Renault SA (B) | 23,575 | 738,793 | |||
Stellantis NV | 394,887 | 7,175,838 | |||
Subaru Corp. | 62,100 | 1,018,489 | |||
Suzuki Motor Corp. | 37,200 | 1,481,227 | |||
Tesla, Inc. (B) | 80,912 | 70,428,232 | |||
Toyota Motor Corp. | 1,069,600 | 19,569,591 | |||
Volkswagen AG | 3,236 | 836,957 | |||
XPeng, Inc., ADR (B) | 44,400 | 1,614,828 | |||
Yadea Group Holdings, Ltd. (A) | 134,000 | 198,794 | |||
Yamaha Motor Company, Ltd. | 30,300 | 681,132 | |||
156,541,535 | |||||
Distributors – 0.1% | |||||
Genuine Parts Company | 13,281 | 1,622,407 |
The accompanying notes are an integral part of the financial statements. | 56 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Distributors (continued) | |||||
LKQ Corp. | 24,765 | $ | 1,162,717 | ||
Pool Corp. | 3,738 | 1,714,172 | |||
4,499,296 | |||||
Diversified consumer services – 0.0% | |||||
China Education Group Holdings, Ltd. | 93,000 | 79,675 | |||
China Yuhua Education Corp., Ltd. (A) | 222,000 | 57,475 | |||
IDP Education, Ltd. | 20,767 | 401,625 | |||
New Oriental Education & Technology Group, Inc., ADR (B) | 177,900 | 268,629 | |||
TAL Education Group, ADR (B) | 48,262 | 137,064 | |||
944,468 | |||||
Hotels, restaurants and leisure – 1.3% | |||||
Accor SA (B) | 20,583 | 702,976 | |||
Aristocrat Leisure, Ltd. | 60,055 | 1,647,308 | |||
Asset World Corp. PCL (B) | 112,600 | 16,588 | |||
Asset World Corp. PCL, NVDR (B) | 863,800 | 127,256 | |||
Booking Holdings, Inc. (B) | 3,236 | 7,029,401 | |||
Caesars Entertainment, Inc. (B) | 16,634 | 1,400,416 | |||
Carnival Corp. (B) | 63,015 | 1,281,095 | |||
Chipotle Mexican Grill, Inc. (B) | 2,238 | 3,409,257 | |||
Compass Group PLC | 181,486 | 4,102,137 | |||
Crown Resorts, Ltd. (B) | 37,139 | 335,654 | |||
Darden Restaurants, Inc. | 10,164 | 1,476,016 | |||
Domino's Pizza Enterprises, Ltd. | 6,013 | 347,204 | |||
Domino's Pizza, Inc. | 2,897 | 1,252,112 | |||
Entain PLC (B) | 59,589 | 1,339,704 | |||
Evolution AB (A) | 18,145 | 2,080,489 | |||
Expedia Group, Inc. (B) | 11,438 | 2,243,106 | |||
Flutter Entertainment PLC (B) | 19,962 | 2,874,689 | |||
Galaxy Entertainment Group, Ltd. (B) | 215,000 | 1,199,105 | |||
Genting BHD | 230,600 | 255,610 | |||
Genting Malaysia BHD | 319,760 | 228,858 | |||
Genting Singapore, Ltd. | 608,100 | 347,633 | |||
Haidilao International Holding, Ltd. (A)(C) | 124,000 | 285,532 | |||
Hilton Worldwide Holdings, Inc. (B) | 21,828 | 3,249,316 | |||
Huazhu Group, Ltd., ADR (B) | 20,500 | 847,880 | |||
InterContinental Hotels Group PLC (B) | 18,730 | 1,304,224 | |||
Jiumaojiu International Holdings, Ltd. (A)(C) | 82,000 | 184,213 | |||
Jollibee Foods Corp. | 44,750 | 210,456 | |||
Kangwon Land, Inc. (B) | 11,667 | 259,497 | |||
La Francaise des Jeux SAEM (A) | 11,518 | 477,447 | |||
Las Vegas Sands Corp. (B) | 26,972 | 1,156,020 | |||
Marriott International, Inc., Class A (B) | 21,590 | 3,673,323 | |||
McDonald's Corp. | 59,237 | 14,499,440 | |||
McDonald's Holdings Company Japan, Ltd. | 7,700 | 331,087 | |||
Melco Resorts & Entertainment, Ltd., ADR (B) | 21,200 | 212,424 | |||
MGM Resorts International | 31,005 | 1,373,211 | |||
Minor International PCL, NVDR (B) | 386,300 | 365,845 | |||
Norwegian Cruise Line Holdings, Ltd. (B) | 30,210 | 588,793 | |||
Oriental Land Company, Ltd. | 20,200 | 3,734,268 | |||
Penn National Gaming, Inc. (B) | 13,047 | 669,963 | |||
Restaurant Brands International, Inc. | 41,383 | 2,316,469 | |||
Royal Caribbean Cruises, Ltd. (B) | 17,524 | 1,414,537 | |||
Sands China, Ltd. (B) | 240,052 | 633,133 | |||
Sodexo SA | 10,806 | 902,158 | |||
Starbucks Corp. | 94,471 | 8,671,493 | |||
Tabcorp Holdings, Ltd. | 220,909 | 798,901 | |||
Tongcheng Travel Holdings, Ltd. (B) | 112,000 | 208,594 | |||
Trip.com Group, Ltd., ADR (B) | 58,300 | 1,505,306 | |||
Whitbread PLC (B) | 20,398 | 796,242 | |||
Wynn Resorts, Ltd. (B) | 8,228 | 711,887 | |||
Yum China Holdings, Inc. | 48,108 | 2,502,578 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Yum! Brands, Inc. | 23,461 | $ | 2,875,849 | ||
90,456,700 | |||||
Household durables – 0.5% | |||||
Barratt Developments PLC | 105,156 | 856,518 | |||
Coway Company, Ltd. | 6,620 | 397,589 | |||
D.R. Horton, Inc. | 23,630 | 2,018,002 | |||
Electrolux AB, Series B (C) | 23,987 | 429,491 | |||
Garmin, Ltd. | 10,951 | 1,209,428 | |||
Haier Smart Home Company, Ltd., H Shares | 255,720 | 896,063 | |||
Hamilton Beach Brands Holding Company, Class B | 765 | 11,552 | |||
Iida Group Holdings Company, Ltd. | 15,300 | 283,955 | |||
Lennar Corp., A Shares | 19,594 | 1,761,109 | |||
LG Electronics, Inc. | 12,816 | 1,337,944 | |||
Mohawk Industries, Inc. (B) | 3,997 | 562,698 | |||
Newell Brands, Inc. | 27,298 | 648,328 | |||
Nien Made Enterprise Company, Ltd. | 19,300 | 250,201 | |||
NVR, Inc. (B) | 238 | 1,180,109 | |||
Open House Group Company, Ltd. | 8,300 | 377,394 | |||
Panasonic Corp. | 223,320 | 2,332,199 | |||
Persimmon PLC | 32,714 | 1,052,852 | |||
PulteGroup, Inc. | 18,416 | 914,539 | |||
Rinnai Corp. | 3,600 | 296,160 | |||
SEB SA | 3,335 | 485,028 | |||
Sekisui Chemical Company, Ltd. | 37,900 | 620,648 | |||
Sekisui House, Ltd. | 62,400 | 1,272,217 | |||
Sharp Corp. (C) | 21,640 | 204,629 | |||
Sony Group Corp. | 127,200 | 12,996,303 | |||
Taylor Wimpey PLC | 374,564 | 751,295 | |||
The Berkeley Group Holdings PLC | 11,584 | 602,441 | |||
Whirlpool Corp. | 4,414 | 888,406 | |||
34,637,098 | |||||
Internet and direct marketing retail – 3.1% | |||||
Alibaba Group Holding, Ltd. (B) | 1,733,300 | 22,816,942 | |||
Allegro.eu SA (A)(B)(C) | 41,730 | 310,996 | |||
Amazon.com, Inc. (B) | 48,196 | 148,022,447 | |||
Americanas SA | 68,458 | 401,175 | |||
China Ruyi Holdings, Ltd. (B)(C) | 316,000 | 94,049 | |||
CJ ENM Company, Ltd. | 1,297 | 141,533 | |||
Dada Nexus, Ltd., ADR (B) | 6,700 | 55,677 | |||
Delivery Hero SE (A)(B) | 16,409 | 879,533 | |||
eBay, Inc. | 69,874 | 3,814,422 | |||
Etsy, Inc. (B) | 13,984 | 2,165,982 | |||
Fiverr International, Ltd. (B) | 3,200 | 252,512 | |||
JD Health International, Inc. (A)(B) | 39,400 | 294,070 | |||
JD.com, Inc., Class A (B) | 198,264 | 7,081,875 | |||
Just Eat Takeaway.com NV (A)(B) | 19,049 | 770,954 | |||
Meituan, Class B (A)(B) | 466,700 | 10,367,814 | |||
Mercari, Inc. (B) | 10,400 | 325,728 | |||
momo.com, Inc. | 5,000 | 177,995 | |||
Naspers, Ltd., N Shares | 24,530 | 3,089,077 | |||
Pinduoduo, Inc., ADR (B) | 50,100 | 2,598,186 | |||
Prosus NV (B) | 98,716 | 6,128,449 | |||
Rakuten Group, Inc. | 86,642 | �� | 736,511 | ||
Vipshop Holdings, Ltd., ADR (B) | 51,600 | 447,372 | |||
Zalando SE (A)(B) | 22,540 | 1,491,847 | |||
ZOZO, Inc. | 12,400 | 353,095 | |||
212,818,241 | |||||
Leisure products – 0.1% | |||||
Bandai Namco Holdings, Inc. | 20,100 | 1,473,555 | |||
Giant Manufacturing Company, Ltd. | 35,661 | 370,225 | |||
Hasbro, Inc. | 9,168 | 889,754 | |||
HLB, Inc. (B) | 10,813 | 283,315 |
The accompanying notes are an integral part of the financial statements. | 57 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Leisure products (continued) | |||||
Shimano, Inc. | 7,500 | $ | 1,746,508 | ||
Yamaha Corp. | 13,600 | 638,094 | |||
5,401,451 | |||||
Multiline retail – 0.5% | |||||
Canadian Tire Corp., Ltd., Class A | 8,490 | 1,251,697 | |||
Central Retail Corp. PCL, NVDR | 225,975 | 265,712 | |||
Dollar General Corp. | 30,337 | 6,017,041 | |||
Dollar Tree, Inc. (B) | 29,618 | 4,208,125 | |||
Dollarama, Inc. | 41,782 | 2,159,149 | |||
Falabella SA | 103,581 | 341,039 | |||
Lojas Renner SA | 104,597 | 517,006 | |||
Lotte Shopping Company, Ltd. | 1,323 | 94,532 | |||
Magazine Luiza SA | 320,300 | 369,530 | |||
Next PLC | 13,441 | 1,230,690 | |||
Pan Pacific International Holdings Corp. | 41,500 | 679,274 | |||
Ryohin Keikaku Company, Ltd. | 25,300 | 372,610 | |||
Target Corp. | 63,166 | 12,618,672 | |||
Wesfarmers, Ltd. | 112,690 | 3,952,023 | |||
Woolworths Holdings, Ltd. | 109,465 | 360,434 | |||
34,437,534 | |||||
Specialty retail – 1.3% | |||||
Advance Auto Parts, Inc. | 6,180 | 1,263,686 | |||
AutoZone, Inc. (B) | 2,059 | 3,836,720 | |||
Bath & Body Works, Inc. | 24,789 | 1,322,989 | |||
Best Buy Company, Inc. | 20,955 | 2,025,091 | |||
CarMax, Inc. (B) | 15,568 | 1,702,049 | |||
China Meidong Auto Holdings, Ltd. | 64,000 | 301,343 | |||
Chow Tai Fook Jewellery Group, Ltd. (B) | 195,600 | 406,171 | |||
Fast Retailing Company, Ltd. | 5,900 | 3,182,515 | |||
GOME Retail Holdings, Ltd. (B)(C) | 1,285,541 | 95,665 | |||
Hennes & Mauritz AB, B Shares (C) | 76,970 | 1,284,560 | |||
Hikari Tsushin, Inc. | 2,200 | 273,379 | |||
Home Product Center PCL, NVDR | 735,300 | 344,325 | |||
Hotai Motor Company, Ltd. | 36,000 | 815,092 | |||
Hotel Shilla Company, Ltd. | 3,654 | 246,962 | |||
Industria de Diseno Textil SA | 118,143 | 3,081,851 | |||
JD Sports Fashion PLC | 258,580 | 520,170 | |||
Kingfisher PLC | 214,749 | 876,037 | |||
Lowe's Companies, Inc. | 66,239 | 14,642,793 | |||
Mr. Price Group, Ltd. | 28,494 | 388,644 | |||
Nitori Holdings Company, Ltd. | 8,100 | 1,218,873 | |||
O'Reilly Automotive, Inc. (B) | 6,228 | 4,043,467 | |||
Pepkor Holdings, Ltd. (A) | 144,728 | 206,738 | |||
PTT Oil & Retail Business PCL, NVDR | 372,800 | 295,410 | |||
Ross Stores, Inc. | 33,950 | 3,102,691 | |||
The Home Depot, Inc. | 101,359 | 32,012,213 | |||
The TJX Companies, Inc. | 114,739 | 7,584,248 | |||
Topsports International Holdings, Ltd. (A) | 174,000 | 180,878 | |||
Tractor Supply Company | 10,847 | 2,210,510 | |||
Ulta Beauty, Inc. (B) | 5,116 | 1,915,942 | |||
USS Company, Ltd. | 21,500 | 357,160 | |||
Via S/A (B) | 131,600 | 96,419 | |||
Vibra Energia SA | 123,600 | 562,988 | |||
Zhongsheng Group Holdings, Ltd. | 67,100 | 468,554 | |||
90,866,133 | |||||
Textiles, apparel and luxury goods – 1.2% | |||||
adidas AG | 19,353 | 4,575,855 | |||
ANTA Sports Products, Ltd. | 123,200 | 1,881,658 | |||
Bosideng International Holdings, Ltd. | 366,000 | 208,242 | |||
Burberry Group PLC | 41,122 | 1,066,137 | |||
Cie Financiere Richemont SA, A Shares | 56,068 | 7,507,871 | |||
Eclat Textile Company, Ltd. | 22,957 | 475,857 | |||
EssilorLuxottica SA | 35,253 | 6,154,124 | |||
F&F Company, Ltd. (B) | 409 | 305,702 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Textiles, apparel and luxury goods (continued) | |||||
Feng TAY Enterprise Company, Ltd. | 51,796 | $ | 386,106 | ||
Gildan Activewear, Inc. | 29,407 | 1,154,471 | |||
Hermes International | 3,887 | 5,360,315 | |||
Kering SA | 9,220 | 6,395,301 | |||
Li Ning Company, Ltd. | 256,000 | 2,556,966 | |||
LPP SA | 128 | 263,250 | |||
LVMH Moet Hennessy Louis Vuitton SE | 34,120 | 25,074,957 | |||
Moncler SpA | 39,700 | 2,383,988 | |||
NIKE, Inc., Class B | 91,266 | 12,462,372 | |||
Pandora A/S | 10,143 | 1,038,616 | |||
Pou Chen Corp. | 283,971 | 327,479 | |||
Puma SE | 10,623 | 974,176 | |||
PVH Corp. | 5,064 | 495,715 | |||
Ralph Lauren Corp. | 3,498 | 461,876 | |||
Shenzhou International Group Holdings, Ltd. | 94,300 | 1,583,920 | |||
Tapestry, Inc. | 19,094 | 780,945 | |||
The Swatch Group AG | 3,898 | 230,928 | |||
The Swatch Group AG, Bearer Shares | 3,413 | 1,049,553 | |||
Under Armour, Inc., Class A (B) | 13,441 | 240,459 | |||
Under Armour, Inc., Class C (B) | 15,352 | 239,952 | |||
VF Corp. | 23,443 | 1,360,163 | |||
86,996,954 | |||||
740,816,588 | |||||
Consumer staples – 8.0% | |||||
Beverages – 1.4% | |||||
Ambev SA | 501,405 | 1,471,504 | |||
Anheuser-Busch InBev SA/NV | 88,597 | 5,467,127 | |||
Anhui Gujing Distillery Company, Ltd., B Shares | 11,600 | 170,089 | |||
Arca Continental SAB de CV | 84,742 | 558,575 | |||
Asahi Group Holdings, Ltd. | 46,061 | 1,858,071 | |||
Becle SAB de CV | 103,700 | 259,541 | |||
Brown-Forman Corp., Class B | 17,812 | 1,161,877 | |||
Budweiser Brewing Company APAC, Ltd. (A) | 170,100 | 527,985 | |||
Carabao Group PCL, NVDR | 37,600 | 123,101 | |||
Carlsberg A/S, Class B | 10,237 | 1,501,252 | |||
China Resources Beer Holdings Company, Ltd. | 165,699 | 1,313,894 | |||
Cia Cervecerias Unidas SA | 19,723 | 156,657 | |||
Coca-Cola Europacific Partners PLC | 21,741 | 1,113,357 | |||
Coca-Cola Femsa SAB de CV | 100,703 | 557,576 | |||
Coca-Cola HBC AG | 20,319 | 516,235 | |||
Constellation Brands, Inc., Class A | 15,938 | 3,436,552 | |||
Davide Campari-Milano NV | 100,654 | 1,095,402 | |||
Diageo PLC | 237,502 | 11,766,405 | |||
Fomento Economico Mexicano SAB de CV | 371,886 | 2,988,198 | |||
Fraser & Neave Holdings BHD | 13,500 | 72,750 | |||
Heineken Holding NV | 12,061 | 985,009 | |||
Heineken NV | 27,413 | 2,780,733 | |||
Ito En, Ltd. | 5,200 | 299,061 | |||
Kirin Holdings Company, Ltd. | 82,727 | 1,375,374 | |||
Molson Coors Beverage Company, Class B | 18,193 | 949,311 | |||
Monster Beverage Corp. (B) | 37,051 | 3,127,104 | |||
Nongfu Spring Company, Ltd., H Shares (A) | 200,400 | 1,256,811 | |||
Osotspa PCL, NVDR | 137,100 | 148,406 | |||
PepsiCo, Inc. | 135,407 | 22,171,542 | |||
Pernod Ricard SA | 25,750 | 5,621,230 | |||
Remy Cointreau SA | 2,757 | 530,592 | |||
Suntory Beverage & Food, Ltd. | 13,900 | 553,902 | |||
The Coca-Cola Company | 369,431 | 22,993,385 | |||
Treasury Wine Estates, Ltd. | 71,918 | 606,642 |
The accompanying notes are an integral part of the financial statements. | 58 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Beverages (continued) | |||||
Tsingtao Brewery Company, Ltd., H Shares | 63,700 | $ | 612,848 | ||
100,128,098 | |||||
Food and staples retailing – 2.9% | |||||
Aeon Company, Ltd. (C) | 65,300 | 1,479,286 | |||
Alimentation Couche-Tard, Inc. | 117,138 | 4,597,724 | |||
Atacadao SA | 51,900 | 191,311 | |||
Berli Jucker PCL, NVDR | 152,800 | 157,119 | |||
BGF retail Company, Ltd. | 896 | 126,933 | |||
Bid Corp., Ltd. | 37,475 | 762,409 | |||
BIM Birlesik Magazalar AS | 40,345 | 213,436 | |||
Carrefour SA | 77,268 | 1,553,415 | |||
Cencosud SA | 195,890 | 360,156 | |||
Clicks Group, Ltd. | 26,941 | 522,914 | |||
Coles Group, Ltd. | 131,941 | 1,669,197 | |||
Cosmos Pharmaceutical Corp. | 2,000 | 277,296 | |||
Costco Wholesale Corp. | 130,609 | 67,818,723 | |||
CP ALL PCL, NVDR | 732,900 | 1,531,186 | |||
Dino Polska SA (A)(B) | 5,594 | 393,353 | |||
E-MART, Inc. | 2,418 | 263,693 | |||
Empire Company, Ltd., Class A | 25,306 | 783,837 | |||
Endeavour Group, Ltd. | 133,181 | 695,566 | |||
Etablissements Franz Colruyt NV | 6,251 | 250,020 | |||
George Weston, Ltd. | 11,240 | 1,218,797 | |||
HelloFresh SE (B) | 16,699 | 910,863 | |||
J Sainsbury PLC | 175,599 | 647,630 | |||
Jeronimo Martins SGPS SA | 27,558 | 600,811 | |||
Kesko OYJ, B Shares | 20,981 | 617,465 | |||
Kobe Bussan Company, Ltd. | 13,700 | 453,604 | |||
Koninklijke Ahold Delhaize NV | 110,313 | 3,393,475 | |||
Lawson, Inc. | 4,700 | 195,970 | |||
Loblaw Companies, Ltd. | 25,035 | 1,952,829 | |||
Metro, Inc. | 35,967 | 1,877,378 | |||
Ocado Group PLC (B) | 49,488 | 910,030 | |||
President Chain Store Corp. | 65,274 | 609,953 | |||
Raia Drogasil SA | 112,130 | 507,628 | |||
Seven & i Holdings Company, Ltd. | 75,946 | 3,695,360 | |||
Shoprite Holdings, Ltd. | 55,970 | 834,864 | |||
Sun Art Retail Group, Ltd. | 217,300 | 78,398 | |||
Sysco Corp. | 148,857 | 12,965,445 | |||
Tesco PLC | 786,794 | 3,048,005 | |||
The Kroger Company | 197,861 | 9,259,895 | |||
The SPAR Group, Ltd. | 21,127 | 225,395 | |||
Tsuruha Holdings, Inc. | 4,000 | 321,579 | |||
Walgreens Boots Alliance, Inc. | 211,367 | 9,741,905 | |||
Wal-Mart de Mexico SAB de CV | 1,001,500 | 3,814,120 | |||
Walmart, Inc. | 418,547 | 56,570,813 | |||
Welcia Holdings Company, Ltd. | 9,200 | 245,338 | |||
Woolworths Group, Ltd. | 125,742 | 3,251,396 | |||
201,596,520 | |||||
Food products – 1.6% | |||||
Ajinomoto Company, Inc. | 46,800 | 1,363,799 | |||
Archer-Daniels-Midland Company | 53,878 | 4,226,729 | |||
Associated British Foods PLC | 36,334 | 929,638 | |||
Barry Callebaut AG | 372 | 858,077 | |||
BRF SA (B) | 74,110 | 233,710 | |||
Campbell Soup Company | 19,733 | 887,393 | |||
Charoen Pokphand Foods PCL, NVDR | 494,500 | 383,147 | |||
Charoen Pokphand Indonesia Tbk PT | 962,803 | 389,859 | |||
China Feihe, Ltd. (A) | 406,000 | 484,463 | |||
China Huishan Dairy Holdings Company, Ltd. (B)(D) | 280,500 | 0 | |||
China Mengniu Dairy Company, Ltd. (B) | 360,353 | 2,343,166 | |||
Chocoladefabriken Lindt & Spruengli AG | 12 | 1,346,938 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Food products (continued) | |||||
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates | 114 | $ | 1,209,277 | ||
CJ CheilJedang Corp. | 1,007 | 318,973 | |||
Conagra Brands, Inc. | 46,685 | 1,632,574 | |||
Dali Foods Group Company, Ltd. (A) | 223,800 | 117,871 | |||
Danone SA | 80,284 | 4,884,417 | |||
General Mills, Inc. | 58,963 | 3,975,875 | |||
Gruma SAB de CV, Class B | 40,803 | 552,547 | |||
Grupo Bimbo SAB de CV, Series A | 297,400 | 920,617 | |||
Hormel Foods Corp. | 27,505 | 1,310,338 | |||
Indofood CBP Sukses Makmur Tbk PT | 304,900 | 180,740 | |||
Indofood Sukses Makmur Tbk PT | 591,817 | 255,978 | |||
IOI Corp. BHD | 273,700 | 300,743 | |||
JBS SA | 93,081 | 652,013 | |||
JDE Peet's NV | 10,633 | 349,073 | |||
Kellogg Company | 24,183 | 1,546,261 | |||
Kerry Group PLC, Class A | 16,477 | 1,963,055 | |||
Kerry Group PLC, Class A (London Stock Exchange) | 2,564 | 301,738 | |||
Kikkoman Corp. | 14,600 | 1,088,399 | |||
Kuala Lumpur Kepong BHD | 47,300 | 292,726 | |||
Lamb Weston Holdings, Inc. | 14,015 | 931,016 | |||
McCormick & Company, Inc. | 24,223 | 2,305,303 | |||
MEIJI Holdings Company, Ltd. | 12,200 | 732,219 | |||
Monde Nissin Corp. (A)(B) | 464,100 | 150,199 | |||
Mondelez International, Inc., Class A | 135,889 | 8,898,012 | |||
Mowi ASA | 61,797 | 1,591,199 | |||
Nestle Malaysia BHD | 6,300 | 201,326 | |||
Nestle SA | 302,301 | 39,388,526 | |||
Nisshin Seifun Group, Inc. | 19,400 | 275,364 | |||
Nissin Foods Holdings Company, Ltd. | 6,317 | 504,710 | |||
Orion Corp. | 2,789 | 213,426 | |||
Orkla ASA | 106,462 | 997,268 | |||
PPB Group BHD | 72,320 | 309,088 | |||
QL Resources BHD | 116,300 | 136,948 | |||
Saputo, Inc. | 37,164 | 910,701 | |||
Sime Darby Plantation BHD | 189,700 | 222,563 | |||
Thai Union Group PCL, NVDR | 361,800 | 226,270 | |||
The Hershey Company | 14,051 | 2,841,955 | |||
The J.M. Smucker Company | 10,611 | 1,429,832 | |||
The Kraft Heinz Company | 69,091 | 2,709,749 | |||
Tiger Brands, Ltd. | 18,968 | 201,290 | |||
Tingyi Cayman Islands Holding Corp. | 221,100 | 489,162 | |||
Toyo Suisan Kaisha, Ltd. | 8,800 | 369,924 | |||
Tyson Foods, Inc., Class A | 28,303 | 2,622,556 | |||
Uni-President China Holdings, Ltd. | 143,900 | 149,638 | |||
Uni-President Enterprises Corp. | 570,805 | 1,373,295 | |||
Universal Robina Corp. | 91,860 | 215,293 | |||
Want Want China Holdings, Ltd. | 536,912 | 571,557 | |||
WH Group, Ltd. (A) | 831,770 | 580,888 | |||
Wilmar International, Ltd. | 192,500 | 625,631 | |||
Yakult Honsha Company, Ltd. | 12,800 | 694,641 | |||
Yihai International Holding, Ltd. (B)(C) | 53,500 | 223,849 | |||
108,393,532 | |||||
Household products – 0.9% | |||||
Church & Dwight Company, Inc. | 24,399 | 2,387,442 | |||
Colgate-Palmolive Company | 84,405 | 6,494,965 | |||
Essity AB, B Shares | 64,247 | 1,653,456 | |||
Henkel AG & Company KGaA | 10,151 | 780,481 | |||
Kimberly-Clark Corp. | 33,709 | 4,387,226 | |||
Kimberly-Clark de Mexico SAB de CV, Class A | 288,435 | 403,198 | |||
Lion Corp. | 22,400 | 293,600 | |||
Reckitt Benckiser Group PLC | 72,573 | 6,145,271 | |||
The Clorox Company | 12,247 | 1,785,490 |
The accompanying notes are an integral part of the financial statements. | 59 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Household products (continued) | |||||
The Procter & Gamble Company | 241,476 | $ | 37,643,694 | ||
Unicharm Corp. | 40,588 | 1,529,930 | |||
Unilever Indonesia Tbk PT | 990,125 | 254,785 | |||
Vinda International Holdings, Ltd. | 41,000 | 116,977 | |||
63,876,515 | |||||
Personal products – 0.6% | |||||
Amorepacific Corp. | 3,858 | 595,524 | |||
AMOREPACIFIC Group | 3,524 | 143,978 | |||
Beiersdorf AG | 10,163 | 1,030,203 | |||
Hengan International Group Company, Ltd. | 74,600 | 395,624 | |||
Kao Corp. | 47,900 | 2,239,175 | |||
Kobayashi Pharmaceutical Company, Ltd. | 5,300 | 453,941 | |||
Kose Corp. | 3,400 | 389,773 | |||
LG Household & Health Care, Ltd. | 1,131 | 897,384 | |||
L'Oreal SA | 30,838 | 12,191,008 | |||
Natura & Company Holding SA (B) | 95,280 | 425,183 | |||
Pola Orbis Holdings, Inc. | 8,900 | 140,200 | |||
Shiseido Company, Ltd. | 40,300 | 2,312,660 | |||
The Estee Lauder Companies, Inc., Class A | 23,330 | 6,913,379 | |||
Unilever PLC | 264,211 | 13,271,839 | |||
41,399,871 | |||||
Tobacco – 0.6% | |||||
Altria Group, Inc. | 177,063 | 9,081,561 | |||
British American Tobacco PLC | 221,938 | 9,726,852 | |||
Gudang Garam Tbk PT | 65,282 | 143,060 | |||
Imperial Brands PLC | 96,541 | 2,110,991 | |||
Japan Tobacco, Inc. | 121,100 | 2,227,169 | |||
KT&G Corp. | 14,088 | 936,522 | |||
Philip Morris International, Inc. | 148,249 | 14,983,526 | |||
RLX Technology, Inc., ADR (B)(C) | 70,600 | 217,448 | |||
Smoore International Holdings, Ltd. (A)(C) | 204,000 | 757,259 | |||
Swedish Match AB | 164,903 | 1,198,802 | |||
41,383,190 | |||||
556,777,726 | |||||
Energy – 4.3% | |||||
Energy equipment and services – 0.2% | |||||
Baker Hughes Company | 103,847 | 3,051,025 | |||
China Oilfield Services, Ltd., H Shares | 204,000 | 232,559 | |||
Dialog Group BHD | 429,012 | 289,031 | |||
Halliburton Company | 105,752 | 3,545,865 | |||
Schlumberger NV | 165,313 | 6,486,882 | |||
Tenaris SA | 91,052 | 1,173,412 | |||
14,778,774 | |||||
Oil, gas and consumable fuels – 4.1% | |||||
Adaro Energy Tbk PT | 1,864,745 | 319,490 | |||
Aker BP ASA | 17,224 | 539,466 | |||
Ampol, Ltd. | 22,927 | 495,231 | |||
APA Corp. | 42,815 | 1,525,498 | |||
BP PLC | 2,045,193 | 9,968,500 | |||
Cameco Corp. | 57,029 | 1,402,441 | |||
Canadian Natural Resources, Ltd. | 168,869 | 9,434,015 | |||
Cenovus Energy, Inc. | 187,772 | 2,952,502 | |||
Chevron Corp. | 230,773 | 33,231,312 | |||
China Coal Energy Company, Ltd., H Shares | 232,000 | 144,613 | |||
China Petroleum & Chemical Corp., H Shares | 2,782,139 | 1,384,077 | |||
China Shenhua Energy Company, Ltd., H Shares | 384,900 | 1,060,778 | |||
China Suntien Green Energy Corp., Ltd., H Shares | 198,000 | 131,894 | |||
ConocoPhillips | 157,044 | 14,897,194 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Cosan SA | 108,676 | $ | 445,548 | ||
Coterra Energy, Inc. | 95,500 | 2,228,015 | |||
Devon Energy Corp. | 73,878 | 4,399,435 | |||
Diamondback Energy, Inc. | 19,958 | 2,756,200 | |||
Ecopetrol SA | 1,688,762 | 1,399,650 | |||
Empresas COPEC SA | 53,738 | 416,713 | |||
Enbridge, Inc. (C) | 290,449 | 12,548,313 | |||
ENEOS Holdings, Inc. | 306,750 | 1,214,665 | |||
Eni SpA | 486,619 | 7,569,216 | |||
EOG Resources, Inc. | 69,196 | 7,952,004 | |||
Equinor ASA | 136,638 | 4,295,283 | |||
Exxaro Resources, Ltd. | 27,805 | 358,650 | |||
Exxon Mobil Corp. | 505,632 | 39,651,661 | |||
Formosa Petrochemical Corp. | 129,900 | 456,934 | |||
Galp Energia SGPS SA | 48,653 | 538,555 | |||
GS Holdings Corp. | 5,755 | 192,442 | |||
Hess Corp. | 32,892 | 3,324,066 | |||
Hyundai Heavy Industries Holdings Company, Ltd. | 5,496 | 236,654 | |||
Idemitsu Kosan Company, Ltd. | 20,328 | 544,923 | |||
Imperial Oil, Ltd. | 35,779 | 1,605,891 | |||
Inpex Corp. | 102,800 | 1,059,613 | |||
Keyera Corp. | 33,030 | 773,697 | |||
Kinder Morgan, Inc. | 232,714 | 4,049,224 | |||
Lundin Energy AB | 20,573 | 759,124 | |||
Marathon Oil Corp. | 92,555 | 2,088,041 | |||
Marathon Petroleum Corp. | 73,105 | 5,692,686 | |||
MOL Hungarian Oil & Gas PLC | 52,861 | 412,332 | |||
Neste OYJ | 32,631 | 1,272,434 | |||
Occidental Petroleum Corp. | 104,060 | 4,550,544 | |||
OMV AG | 21,057 | 1,002,386 | |||
ONEOK, Inc. | 52,903 | 3,454,566 | |||
Parkland Corp. | 22,268 | 582,745 | |||
Pembina Pipeline Corp. (C) | 79,361 | 2,698,587 | |||
PetroChina Company, Ltd., H Shares | 2,407,239 | 1,289,379 | |||
Petroleo Brasileiro SA | 390,409 | 2,775,971 | |||
Petronas Dagangan BHD | 29,100 | 149,507 | |||
Phillips 66 | 51,803 | 4,363,885 | |||
Pioneer Natural Resources Company | 27,056 | 6,482,618 | |||
Polski Koncern Naftowy ORLEN SA | 35,145 | 593,663 | |||
Polskie Gornictwo Naftowe i Gazownictwo SA | 207,625 | 273,631 | |||
PTT Exploration & Production PCL, NVDR | 174,100 | 733,005 | |||
PTT PCL, NVDR | 1,262,100 | 1,536,315 | |||
Repsol SA | 156,476 | 2,030,438 | |||
Santos, Ltd. | 318,387 | 1,695,676 | |||
Shell PLC | 783,044 | 20,649,489 | |||
SK Innovation Company, Ltd. (B) | 6,081 | 1,026,570 | |||
S-Oil Corp. | 5,327 | 379,386 | |||
Suncor Energy, Inc. | 212,298 | 6,492,048 | |||
TC Energy Corp. | 140,250 | 7,535,325 | |||
Thai Oil PCL, NVDR | 132,200 | 219,766 | |||
The Williams Companies, Inc. | 144,922 | 4,533,160 | |||
TotalEnergies SE | 308,094 | 15,695,910 | |||
Tourmaline Oil Corp. | 44,458 | 1,753,767 | |||
Turkiye Petrol Rafinerileri AS (B) | 10,598 | 147,916 | |||
Ultrapar Participacoes SA | 75,702 | 212,901 | |||
United Tractors Tbk PT | 217,437 | 379,424 | |||
Valero Energy Corp. | 48,327 | 4,035,788 | |||
Washington H. Soul Pattinson & Company, Ltd. | 21,273 | 390,274 | |||
Woodside Petroleum, Ltd. | 95,622 | 1,998,143 |
The accompanying notes are an integral part of the financial statements. | 60 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Yankuang Energy Group Company, Ltd., H Shares (C) | 172,010 | $ | 423,220 | ||
285,814,983 | |||||
300,593,757 | |||||
Financials – 16.2% | |||||
Banks – 7.2% | |||||
ABN AMRO Bank NV (A) | 44,044 | 586,103 | |||
Absa Group, Ltd. | 81,641 | 938,600 | |||
Agricultural Bank of China, Ltd., H Shares | 3,006,400 | 1,138,581 | |||
Akbank TAS | 293,957 | 150,044 | |||
AMMB Holdings BHD (B) | 185,300 | 148,609 | |||
Australia & New Zealand Banking Group, Ltd. | 282,054 | 5,339,802 | |||
Banco Bilbao Vizcaya Argentaria SA | 719,190 | 4,267,475 | |||
Banco Bradesco SA | 148,753 | 487,888 | |||
Banco de Chile | 6,211,104 | 658,514 | |||
Banco de Credito e Inversiones SA | 7,595 | 271,638 | |||
Banco do Brasil SA | 91,294 | 617,246 | |||
Banco Espirito Santo SA (B) | 322,715 | 323 | |||
Banco Inter SA | 36,600 | 141,917 | |||
Banco Santander Brasil SA | 43,626 | 258,582 | |||
Banco Santander Chile | 8,610,975 | 422,831 | |||
Banco Santander SA | 1,868,320 | 6,221,534 | |||
Bancolombia SA | 86,048 | 853,266 | |||
Bank Central Asia Tbk PT | 7,227,950 | 4,080,653 | |||
Bank Hapoalim BM | 126,838 | 1,344,291 | |||
Bank Leumi Le-Israel BM | 160,886 | 1,742,865 | |||
Bank Mandiri Persero Tbk PT | 2,435,756 | 1,316,870 | |||
Bank Negara Indonesia Persero Tbk PT | 994,153 | 557,037 | |||
Bank of America Corp. | 881,481 | 38,961,460 | |||
Bank of China, Ltd., H Shares | 9,127,122 | 3,553,204 | |||
Bank of Communications Company, Ltd., H Shares | 988,976 | 677,972 | |||
Bank of Montreal | 92,881 | 10,605,655 | |||
Bank of the Philippine Islands | 189,987 | 371,312 | |||
Bank Polska Kasa Opieki SA | 20,924 | 574,029 | |||
Bank Rakyat Indonesia Persero Tbk PT | 8,910,510 | 2,849,226 | |||
Barclays PLC | 1,708,785 | 4,175,517 | |||
BDO Unibank, Inc. | 202,080 | 512,104 | |||
BNP Paribas SA | 138,432 | 8,032,450 | |||
BOC Hong Kong Holdings, Ltd. | 366,000 | 1,315,793 | |||
CaixaBank SA | 474,476 | 1,558,456 | |||
Canadian Imperial Bank of Commerce | 64,794 | 8,201,106 | |||
Capitec Bank Holdings, Ltd. | 9,031 | 1,219,300 | |||
Chang Hwa Commercial Bank, Ltd. | 495,526 | 314,602 | |||
China Bohai Bank Company, Ltd., H Shares (A) | 366,000 | 61,029 | |||
China CITIC Bank Corp., Ltd., H Shares | 1,027,400 | 482,789 | |||
China Construction Bank Corp., H Shares | 11,004,296 | 8,252,832 | |||
China Everbright Bank Company, Ltd., H Shares | 361,595 | 134,480 | |||
China Merchants Bank Company, Ltd., H Shares | 444,674 | 3,748,293 | |||
China Minsheng Banking Corp., Ltd., H Shares | 651,200 | 253,641 | |||
CIMB Group Holdings BHD | 710,800 | 968,247 | |||
Citigroup, Inc. | 244,020 | 14,453,305 | |||
Citizens Financial Group, Inc. | 52,408 | 2,747,227 | |||
Comerica, Inc. | 15,923 | 1,520,487 | |||
Commerzbank AG (B) | 99,261 | 829,536 | |||
Commonwealth Bank of Australia | 176,651 | 11,984,614 | |||
Concordia Financial Group, Ltd. | 110,300 | 448,732 | |||
Credicorp, Ltd. | 12,400 | 1,875,500 | |||
Credit Agricole SA | 153,346 | 1,953,374 | |||
CTBC Financial Holding Company, Ltd. | 2,196,090 | 2,146,629 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Banks (continued) | |||||
Danske Bank A/S | 70,798 | $ | 1,199,177 | ||
DBS Group Holdings, Ltd. | 178,172 | 4,479,268 | |||
DNB Bank ASA | 130,980 | 2,932,414 | |||
E.Sun Financial Holding Company, Ltd. | 1,412,889 | 1,493,498 | |||
Erste Group Bank AG | 49,600 | 1,763,122 | |||
Fifth Third Bancorp | 83,774 | 4,007,748 | |||
FinecoBank Banca Fineco SpA | 116,792 | 1,946,435 | |||
First Financial Holding Company, Ltd. | 1,206,234 | 1,110,625 | |||
First Republic Bank | 22,240 | 3,853,302 | |||
Grupo Financiero Banorte SAB de CV, Series O | 494,450 | 3,355,481 | |||
Grupo Financiero Inbursa SAB de CV, Series O (B) | 425,800 | 695,841 | |||
Hana Financial Group, Inc. | 36,179 | 1,469,874 | |||
Hang Seng Bank, Ltd. | 74,695 | 1,377,457 | |||
Hong Leong Bank BHD | 73,800 | 353,315 | |||
Hong Leong Financial Group BHD | 25,300 | 116,564 | |||
HSBC Holdings PLC | 2,079,924 | 14,439,419 | |||
Hua Nan Financial Holdings Company, Ltd. | 983,008 | 779,457 | |||
Huntington Bancshares, Inc. | 176,333 | 2,736,688 | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 6,453,623 | 3,852,523 | |||
Industrial Bank of Korea | 33,349 | 299,592 | |||
ING Groep NV | 410,827 | 4,797,839 | |||
Intesa Sanpaolo SpA | 3,188,953 | 8,152,003 | |||
Israel Discount Bank, Ltd., Class A | 131,707 | 868,496 | |||
Japan Post Bank Company, Ltd. (C) | 38,800 | 340,444 | |||
JPMorgan Chase & Co. | 363,511 | 51,545,860 | |||
KakaoBank Corp. (B) | 11,378 | 459,371 | |||
KB Financial Group, Inc. | 47,638 | 2,350,194 | |||
KBC Group NV | 28,739 | 2,070,557 | |||
KeyCorp | 114,252 | 2,864,298 | |||
Komercni banka AS | 7,855 | 309,019 | |||
Krung Thai Bank PCL, NVDR | 475,800 | 204,702 | |||
Lloyds Banking Group PLC | 7,228,923 | 4,659,078 | |||
M&T Bank Corp. | 15,715 | 2,863,744 | |||
Malayan Banking BHD | 507,533 | 1,060,469 | |||
mBank SA (B) | 1,726 | 168,685 | |||
Mediobanca Banca di Credito Finanziario SpA | 120,114 | 1,250,894 | |||
Mega Financial Holding Company, Ltd. | 1,288,275 | 1,736,081 | |||
Metropolitan Bank & Trust Company | 190,034 | 212,020 | |||
Mitsubishi UFJ Financial Group, Inc. | 1,229,100 | 7,545,425 | |||
Mizrahi Tefahot Bank, Ltd. | 16,175 | 632,108 | |||
Mizuho Financial Group, Inc. | 243,270 | 3,206,085 | |||
Moneta Money Bank AS (A) | 37,002 | 146,433 | |||
National Australia Bank, Ltd. | 327,679 | 6,882,253 | |||
National Bank of Canada | 49,001 | 3,928,972 | |||
NatWest Group PLC | 586,879 | 1,798,291 | |||
Nedbank Group, Ltd. | 51,582 | 734,414 | |||
Nordea Bank ABP | 339,329 | 3,754,174 | |||
OTP Bank NYRT (B) | 29,023 | 1,107,495 | |||
Oversea-Chinese Banking Corp., Ltd. | 338,978 | 2,937,387 | |||
People's United Financial, Inc. | 52,169 | 1,099,723 | |||
Postal Savings Bank of China Company, Ltd., H Shares (A) | 915,300 | 751,538 | |||
Powszechna Kasa Oszczednosci Bank Polski SA (B) | 101,358 | 974,104 | |||
Public Bank BHD | 1,590,210 | 1,688,875 | |||
Raiffeisen Bank International AG | 20,624 | 336,066 | |||
Regions Financial Corp. | 116,577 | 2,819,998 | |||
Resona Holdings, Inc. | 209,700 | 937,840 | |||
RHB Bank BHD | 197,341 | 278,112 | |||
Royal Bank of Canada | 204,318 | 22,601,520 |
The accompanying notes are an integral part of the financial statements. | 61 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Banks (continued) | |||||
Santander Bank Polska SA | 4,005 | $ | 299,997 | ||
Shinhan Financial Group Company, Ltd. | 52,678 | 1,713,918 | |||
Signature Bank | 7,289 | 2,513,903 | |||
SinoPac Financial Holdings Company, Ltd. | 1,191,772 | 731,821 | |||
Skandinaviska Enskilda Banken AB, A Shares | 172,080 | 1,982,425 | |||
Societe Generale SA | 100,412 | 2,839,404 | |||
Standard Bank Group, Ltd. | 147,232 | 1,560,072 | |||
Standard Chartered PLC | 264,164 | 1,882,591 | |||
Sumitomo Mitsui Financial Group, Inc. | 131,079 | 4,648,356 | |||
Sumitomo Mitsui Trust Holdings, Inc. | 34,138 | 1,212,992 | |||
SVB Financial Group (B) | 7,180 | 4,351,080 | |||
Svenska Handelsbanken AB, A Shares | 151,112 | 1,436,593 | |||
Swedbank AB, A Shares | 94,218 | 1,522,287 | |||
Taishin Financial Holding Company, Ltd. | 1,207,003 | 845,898 | |||
Taiwan Cooperative Financial Holding Company, Ltd. | 1,099,659 | 1,043,229 | |||
The Bank of Nova Scotia | 174,458 | 12,642,183 | |||
The Chiba Bank, Ltd. | 53,900 | 338,812 | |||
The PNC Financial Services Group, Inc. | 51,891 | 10,339,282 | |||
The Shanghai Commercial & Savings Bank, Ltd. | 417,000 | 686,902 | |||
The Shizuoka Bank, Ltd. | 43,800 | 323,820 | |||
The Siam Commercial Bank PCL, NVDR | 107,700 | 416,180 | |||
The Toronto-Dominion Bank | 259,914 | 20,973,573 | |||
Truist Financial Corp. | 165,227 | 10,280,424 | |||
Turkiye Garanti Bankasi AS | 220,957 | 177,090 | |||
Turkiye Is Bankasi AS, Class C | 161,309 | 93,401 | |||
U.S. Bancorp | 166,429 | 9,409,896 | |||
UniCredit SpA | 411,795 | 5,202,830 | |||
United Overseas Bank, Ltd. | 117,357 | 2,608,304 | |||
Wells Fargo & Company | 488,134 | 26,051,712 | |||
Westpac Banking Corp. | 364,149 | 6,018,014 | |||
Woori Financial Group, Inc. | 61,017 | 729,861 | |||
Zions Bancorp NA | 18,910 | 1,340,530 | |||
504,881,317 | |||||
Capital markets – 3.5% | |||||
3i Group PLC | 101,156 | 1,802,005 | |||
abrdn PLC | 235,662 | 653,191 | |||
Ameriprise Financial, Inc. | 17,926 | 5,374,036 | |||
Amundi SA (A) | 8,010 | 555,541 | |||
ASX, Ltd. | 19,659 | 1,180,748 | |||
B3 SA - Brasil Bolsa Balcao | 652,628 | 1,836,094 | |||
Banco BTG Pactual SA | 128,200 | 636,934 | |||
Bangkok Commercial Asset Management PCL, NVDR | 222,700 | 149,926 | |||
BlackRock, Inc. | 23,036 | 17,136,250 | |||
Brookfield Asset Management, Inc., Class A | 201,768 | 11,026,800 | |||
Cboe Global Markets, Inc. | 17,064 | 2,001,437 | |||
China Cinda Asset Management Company, Ltd., H Shares | 1,102,100 | 198,944 | |||
China Everbright, Ltd. | 15,984 | 17,603 | |||
China Galaxy Securities Company, Ltd., H Shares | 428,100 | 245,037 | |||
China International Capital Corp., Ltd., H Shares (A) | 165,400 | 402,405 | |||
CI Financial Corp. | 2,292 | 37,522 | |||
CITIC Securities Company, Ltd., H Shares | 302,100 | 731,898 | |||
CME Group, Inc. | 58,964 | 13,946,755 | |||
Credit Suisse Group AG | 287,861 | 2,411,442 | |||
Daiwa Securities Group, Inc. | 148,218 | 876,338 | |||
Deutsche Bank AG (B) | 211,617 | 2,612,367 | |||
Deutsche Boerse AG | 19,363 | 3,296,021 | |||
EQT AB | 31,384 | 1,050,423 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Capital markets (continued) | |||||
Euronext NV (A) | 10,703 | $ | 966,175 | ||
FactSet Research Systems, Inc. | 6,086 | 2,471,464 | |||
Franklin Resources, Inc. | 43,966 | 1,307,109 | |||
Futu Holdings, Ltd., ADR (B)(C) | 5,200 | 222,300 | |||
GF Securities Company, Ltd., H Shares | 130,800 | 196,368 | |||
Haitong Securities Company, Ltd., H Shares | 324,700 | 279,401 | |||
Hargreaves Lansdown PLC | 36,677 | 555,884 | |||
Hong Kong Exchanges & Clearing, Ltd. | 119,177 | 5,774,919 | |||
Huatai Securities Company, Ltd., H Shares (A) | 181,500 | 297,170 | |||
IGM Financial, Inc. | 14,463 | 513,822 | |||
Intercontinental Exchange, Inc. | 91,026 | 11,662,251 | |||
Invesco, Ltd. | 54,017 | 1,147,321 | |||
Japan Exchange Group, Inc. | 52,198 | 977,463 | |||
Julius Baer Group, Ltd. | 24,244 | 1,419,642 | |||
Korea Investment Holdings Company, Ltd. (B) | 5,364 | 356,358 | |||
London Stock Exchange Group PLC | 33,612 | 2,936,232 | |||
Macquarie Group, Ltd. | 35,157 | 4,626,775 | |||
Magellan Financial Group, Ltd. | 14,853 | 198,735 | |||
MarketAxess Holdings, Inc. | 6,139 | 2,341,599 | |||
Meritz Securities Company, Ltd. | 37,787 | 185,042 | |||
Mirae Asset Securities Company, Ltd. | 37,781 | 278,801 | |||
Moody's Corp. | 25,856 | 8,326,408 | |||
Morgan Stanley | 228,713 | 20,753,418 | |||
MSCI, Inc. | 13,399 | 6,722,144 | |||
Nasdaq, Inc. | 18,816 | 3,220,358 | |||
NH Investment & Securities Company, Ltd. (B) | 21,004 | 203,254 | |||
Noah Holdings, Ltd., ADR (B) | 4,200 | 119,112 | |||
Nomura Holdings, Inc. | 315,300 | 1,438,738 | |||
Northern Trust Corp. | 33,107 | 3,770,887 | |||
Onex Corp. | 12,109 | 813,190 | |||
Partners Group Holding AG | 2,455 | 3,318,641 | |||
Raymond James Financial, Inc. | 29,514 | 3,236,210 | |||
Reinet Investments SCA | 16,071 | 330,976 | |||
S&P Global, Inc. | 48,130 | 18,082,595 | |||
Samsung Securities Company, Ltd. | 8,554 | 303,169 | |||
SBI Holdings, Inc. | 25,264 | 662,723 | |||
Schroders PLC | 14,180 | 580,502 | |||
Singapore Exchange, Ltd. | 79,900 | 554,329 | |||
St. James's Place PLC | 56,348 | 1,056,409 | |||
State Street Corp. | 58,076 | 4,955,625 | |||
T. Rowe Price Group, Inc. | 36,135 | 5,223,676 | |||
The Bank of New York Mellon Corp. | 120,840 | 6,422,646 | |||
The Charles Schwab Corp. | 239,800 | 20,253,508 | |||
The Goldman Sachs Group, Inc. | 54,276 | 18,523,856 | |||
TMX Group, Ltd. | 8,839 | 892,896 | |||
UBS Group AG | 379,766 | 6,986,467 | |||
243,646,285 | |||||
Consumer finance – 0.6% | |||||
360 DigiTech, Inc., ADR | 9,900 | 185,625 | |||
American Express Company | 99,899 | 19,434,351 | |||
Capital One Financial Corp. | 67,789 | 10,390,020 | |||
Discover Financial Services | 46,428 | 5,731,072 | |||
Krungthai Card PCL, NVDR | 114,400 | 222,623 | |||
Muangthai Capital PCL, NVDR | 94,200 | 149,198 | |||
Srisawad Corp. PCL, NVDR | 96,400 | 171,141 | |||
Synchrony Financial | 86,806 | 3,713,561 | |||
39,997,591 | |||||
Diversified financial services – 1.6% | |||||
Berkshire Hathaway, Inc., Class B (B) | 294,050 | 94,522,373 | |||
Chailease Holding Company, Ltd. | 155,151 | 1,408,074 | |||
Eurazeo SE | 4,795 | 370,369 |
The accompanying notes are an integral part of the financial statements. | 62 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Diversified financial services (continued) | |||||
EXOR NV | 21,200 | $ | 1,606,231 | ||
Far East Horizon, Ltd. | 197,300 | 168,154 | |||
FirstRand, Ltd. | 569,650 | 2,452,716 | |||
Groupe Bruxelles Lambert SA | 13,144 | 1,364,824 | |||
Grupo de Inversiones Suramericana SA | 40,754 | 330,731 | |||
Industrivarden AB, A Shares | 15,259 | 421,376 | |||
Industrivarden AB, C Shares | 15,996 | 433,568 | |||
Investor AB, A Shares | 49,926 | 1,103,988 | |||
Investor AB, B Shares | 196,194 | 3,994,995 | |||
Kinnevik AB, B Shares (B) | 25,890 | 659,168 | |||
L.E. Lundbergforetagen AB, B Shares | 8,156 | 393,831 | |||
M&G PLC | 263,621 | 725,716 | |||
Metro Pacific Investments Corp. | 1,262,900 | 95,564 | |||
Mitsubishi HC Capital, Inc. | 66,200 | 344,269 | |||
ORIX Corp. | 124,100 | 2,460,050 | |||
Remgro, Ltd. | 59,565 | 541,648 | |||
Sofina SA | 1,834 | 712,244 | |||
Tokyo Century Corp. | 3,700 | 162,214 | |||
Wendel SE | 3,154 | 320,189 | |||
Yuanta Financial Holding Company, Ltd. | 1,163,034 | 1,038,930 | |||
115,631,222 | |||||
Insurance – 3.3% | |||||
Admiral Group PLC | 19,900 | 792,728 | |||
Aegon NV | 197,996 | 978,059 | |||
Aflac, Inc. | 85,751 | 5,238,529 | |||
Ageas SA/NV | 20,753 | 998,347 | |||
AIA Group, Ltd. | 1,199,309 | 12,453,438 | |||
Allianz SE | 42,377 | 9,552,509 | |||
American International Group, Inc. | 117,125 | 7,172,735 | |||
Aon PLC, Class A | 31,493 | 9,200,365 | |||
Arthur J. Gallagher & Company | 29,664 | 4,692,548 | |||
Assicurazioni Generali SpA | 218,807 | 4,327,311 | |||
Assurant, Inc. | 8,156 | 1,384,155 | |||
Aviva PLC | 411,711 | 2,306,972 | |||
AXA SA | 241,360 | 6,530,625 | |||
Baloise Holding AG | 5,432 | 911,177 | |||
BB Seguridade Participacoes SA | 76,808 | 338,686 | |||
Brookfield Asset Management Reinsurance Partners, Ltd., Class A (B) | 678 | 37,583 | |||
Brown & Brown, Inc. | 33,351 | 2,254,861 | |||
Cathay Financial Holding Company, Ltd. | 957,890 | 2,153,945 | |||
China Development Financial Holding Corp. | 1,815,476 | 1,243,264 | |||
China Life Insurance Company, Ltd., H Shares | 865,076 | 1,433,111 | |||
China Pacific Insurance Group Company, Ltd., H Shares | 306,579 | 853,693 | |||
China Taiping Insurance Holdings Company, Ltd. | 198,200 | 234,591 | |||
Chubb, Ltd. | 61,005 | 12,423,058 | |||
Cincinnati Financial Corp. | 21,256 | 2,610,024 | |||
CNP Assurances | 22,369 | 545,205 | |||
Dai-ichi Life Holdings, Inc. | 103,100 | 2,141,195 | |||
DB Insurance Company, Ltd. | 5,921 | 304,831 | |||
Discovery, Ltd. (B) | 50,730 | 519,528 | |||
Everest Re Group, Ltd. | 5,551 | 1,655,419 | |||
Fairfax Financial Holdings, Ltd. | 3,663 | 1,775,724 | |||
Fubon Financial Holding Company, Ltd. | 909,324 | 2,455,233 | |||
Gjensidige Forsikring ASA | 29,318 | 725,170 | |||
Globe Life, Inc. | 13,036 | 1,316,115 | |||
Great-West Lifeco, Inc. | 45,006 | 1,353,908 | |||
Hannover Rueck SE | 6,354 | 1,169,783 | |||
iA Financial Corp., Inc. | 17,322 | 1,029,207 | |||
Insurance Australia Group, Ltd. | 250,902 | 837,626 | |||
Intact Financial Corp. | 25,599 | 3,671,513 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Insurance (continued) | |||||
Japan Post Holdings Company, Ltd. (B) | 250,800 | $ | 2,073,038 | ||
Japan Post Insurance Company, Ltd. | 21,700 | 370,610 | |||
Legal & General Group PLC | 628,007 | 2,322,010 | |||
Lincoln National Corp. | 23,568 | 1,588,955 | |||
Loews Corp. | 28,495 | 1,747,883 | |||
Mapfre SA | 11,026 | 21,644 | |||
Marsh & McLennan Companies, Inc. | 72,414 | 11,253,860 | |||
Medibank Private, Ltd. | 278,026 | 641,270 | |||
MetLife, Inc. | 100,221 | 6,769,929 | |||
MS&AD Insurance Group Holdings, Inc. | 46,468 | 1,572,324 | |||
Muenchener Rueckversicherungs-Gesellschaft AG | 14,514 | 3,981,729 | |||
New China Life Insurance Company, Ltd., H Shares | 106,600 | 305,076 | |||
NN Group NV | 29,748 | 1,427,752 | |||
Old Mutual, Ltd. | 541,953 | 444,951 | |||
Phoenix Group Holdings PLC | 75,488 | 625,667 | |||
PICC Property & Casualty Company, Ltd., H Shares | 805,848 | 850,642 | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 723,610 | 5,610,628 | |||
Poste Italiane SpA (A) | 103,010 | 1,181,475 | |||
Power Corp. of Canada | 85,349 | 2,632,183 | |||
Powszechny Zaklad Ubezpieczen SA | 72,941 | 547,251 | |||
Principal Financial Group, Inc. | 34,882 | 2,464,064 | |||
Prudential Financial, Inc. | 52,864 | 5,902,794 | |||
Prudential PLC | 269,019 | 4,067,154 | |||
QBE Insurance Group, Ltd. | 149,783 | 1,249,942 | |||
Rand Merchant Investment Holdings, Ltd. | 91,992 | 288,348 | |||
Sampo OYJ, A Shares | 39,692 | 1,872,848 | |||
Samsung Fire & Marine Insurance Company, Ltd. | 3,862 | 614,137 | |||
Samsung Life Insurance Company, Ltd. | 8,938 | 446,896 | |||
Sanlam, Ltd. | 217,773 | 917,725 | |||
Shin Kong Financial Holding Company, Ltd. | 1,452,694 | 589,118 | |||
Sompo Holdings, Inc. | 32,860 | 1,426,717 | |||
Sun Life Financial, Inc. | 87,850 | 4,620,182 | |||
Suncorp Group, Ltd. | 130,870 | 1,018,002 | |||
Swiss Life Holding AG | 3,516 | 2,145,383 | |||
Swiss Re AG | 32,998 | 3,153,145 | |||
T&D Holdings, Inc. | 56,800 | 824,933 | |||
The Allstate Corp. | 40,770 | 4,988,617 | |||
The Hartford Financial Services Group, Inc. | 48,079 | 3,340,529 | |||
The People's Insurance Company Group of China, Ltd., H Shares | 970,900 | 312,227 | |||
The Progressive Corp. | 83,840 | 8,881,171 | |||
The Travelers Companies, Inc. | 34,722 | 5,966,281 | |||
Tokio Marine Holdings, Inc. | 64,314 | 3,659,534 | |||
Tryg A/S | 37,248 | 842,766 | |||
W.R. Berkley Corp. | 19,875 | 1,794,713 | |||
Willis Towers Watson PLC | 17,654 | 3,924,484 | |||
ZhongAn Online P&C Insurance Company, Ltd., H Shares (A)(B)(C) | 56,000 | 184,320 | |||
Zurich Insurance Group AG | 16,422 | 7,537,633 | |||
228,625,311 | |||||
1,132,781,726 | |||||
Health care – 9.3% | |||||
Biotechnology – 1.0% | |||||
3SBio, Inc. (A)(B) | 144,800 | 115,083 | |||
AbbVie, Inc. | 127,560 | 18,849,541 | |||
Achillion Pharmaceuticals, Inc. (B)(D) | 17,157 | 25,801 | |||
Aduro Biotech, Inc. (B)(D) | 1,925 | 5,775 | |||
Akeso, Inc. (A)(B)(C) | 32,000 | 84,504 |
The accompanying notes are an integral part of the financial statements. | 63 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Biotechnology (continued) | |||||
Alder Biopharmaceuticals, Inc. (B)(C)(D) | 9,683 | $ | 14,078 | ||
Alteogen, Inc. (B) | 3,349 | 150,840 | |||
Amgen, Inc. | 41,225 | 9,336,638 | |||
Argenx SE (B) | 5,310 | 1,537,474 | |||
BeiGene, Ltd., ADR (B) | 5,300 | 1,115,756 | |||
Biogen, Inc. (B) | 10,748 | 2,267,935 | |||
Celltrion, Inc. | 11,809 | 1,576,264 | |||
CSL, Ltd. | 47,566 | 9,043,439 | |||
Genmab A/S (B) | 6,670 | 2,241,762 | |||
Gilead Sciences, Inc. | 92,023 | 5,558,189 | |||
Green Cross Corp. | 719 | 109,402 | |||
Grifols SA | 32,574 | 617,606 | |||
I-Mab, ADR (B) | 4,400 | 108,768 | |||
Incyte Corp. (B) | 13,808 | 943,086 | |||
Innovent Biologics, Inc. (A)(B) | 132,500 | 597,970 | |||
Legend Biotech Corp., ADR (B) | 5,176 | 204,918 | |||
Moderna, Inc. (B) | 25,830 | 3,967,488 | |||
PDL BioPharma, Inc. (B)(D) | 18,396 | 32,929 | |||
Progenics Pharmaceuticals, Inc. (B)(D) | 11,327 | 4,341 | |||
Regeneron Pharmaceuticals, Inc. (B) | 7,659 | 4,736,019 | |||
Seegene, Inc. | 4,410 | 189,013 | |||
SK Bioscience Company, Ltd. (B) | 2,759 | 337,864 | |||
Vertex Pharmaceuticals, Inc. (B) | 18,803 | 4,325,066 | |||
Zai Lab, Ltd., ADR (B) | 8,700 | 475,890 | |||
68,573,439 | |||||
Health care equipment and supplies – 2.0% | |||||
Abbott Laboratories | 168,321 | 20,302,879 | |||
ABIOMED, Inc. (B) | 4,328 | 1,344,883 | |||
Alcon, Inc. | 53,714 | 4,149,812 | |||
Align Technology, Inc. (B) | 6,946 | 3,552,601 | |||
Ambu A/S, Class B (C) | 17,062 | 314,636 | |||
Asahi Intecc Company, Ltd. | 21,800 | 470,734 | |||
Baxter International, Inc. | 47,729 | 4,055,533 | |||
Becton, Dickinson and Company | 27,561 | 7,476,748 | |||
BioMerieux | 5,077 | 558,020 | |||
Boston Scientific Corp. (B) | 135,698 | 5,993,781 | |||
Carl Zeiss Meditec AG, Bearer Shares | 4,091 | 642,020 | |||
Cochlear, Ltd. | 6,501 | 1,061,249 | |||
Coloplast A/S, B Shares | 11,950 | 1,797,735 | |||
Demant A/S (B) | 10,860 | 458,951 | |||
Dentsply Sirona, Inc. | 20,448 | 1,107,055 | |||
DexCom, Inc. (B) | 9,276 | 3,839,429 | |||
DiaSorin SpA | 4,879 | 730,164 | |||
Edwards Lifesciences Corp. (B) | 59,353 | 6,669,497 | |||
Fisher & Paykel Healthcare Corp., Ltd. | 99,017 | 1,860,729 | |||
Getinge AB, B Shares | 24,025 | 932,519 | |||
GN Store Nord A/S | 12,599 | 666,022 | |||
Hartalega Holdings BHD | 187,300 | 205,877 | |||
Hologic, Inc. (B) | 24,345 | 1,732,634 | |||
Hoya Corp. | 37,300 | 4,859,021 | |||
IDEXX Laboratories, Inc. (B) | 8,028 | 4,273,706 | |||
Inmode, Ltd. (B) | 5,600 | 239,064 | |||
Intuitive Surgical, Inc. (B) | 33,667 | 9,774,540 | |||
Koninklijke Philips NV | 97,337 | 3,324,902 | |||
Medtronic PLC | 126,651 | 13,297,088 | |||
Microport Scientific Corp. | 72,100 | 200,552 | |||
Olympus Corp. | 111,324 | 2,261,042 | |||
ResMed, Inc. | 14,007 | 3,456,227 | |||
SD Biosensor, Inc. | 4,380 | 199,691 | |||
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares | 284,400 | 392,697 | |||
Siemens Healthineers AG (A) | 28,636 | 1,837,584 | |||
Smith & Nephew PLC | 89,460 | 1,600,072 | |||
Sonova Holding AG | 5,876 | 2,275,153 | |||
Sri Trang Gloves Thailand PCL | 82,800 | 65,411 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Health care equipment and supplies (continued) | |||||
Sri Trang Gloves Thailand PCL, NVDR (C) | 45,500 | $ | 35,944 | ||
STERIS PLC | 9,479 | 2,274,960 | |||
Straumann Holding AG | 1,109 | 1,761,606 | |||
Stryker Corp. | 31,978 | 8,421,406 | |||
Sysmex Corp. | 16,900 | 1,352,853 | |||
Teleflex, Inc. | 4,441 | 1,493,553 | |||
Terumo Corp. | 65,246 | 2,119,084 | |||
The Cooper Companies, Inc. | 4,673 | 1,911,350 | |||
Top Glove Corp. BHD | 583,100 | 284,580 | |||
Venus MedTech Hangzhou, Inc., H Shares (A)(B) | 25,000 | 69,506 | |||
Zimmer Biomet Holdings, Inc. | 19,705 | 2,506,279 | |||
140,211,379 | |||||
Health care providers and services – 1.7% | |||||
AmerisourceBergen Corp. | 14,211 | 2,025,494 | |||
Amplifon SpA | 24,025 | 1,031,020 | |||
Anthem, Inc. | 23,001 | 10,393,002 | |||
Bangkok Dusit Medical Services PCL, NVDR | 1,200,800 | 873,057 | |||
Bumrungrad Hospital PCL, NVDR | 59,000 | 278,026 | |||
Cardinal Health, Inc. | 26,800 | 1,447,468 | |||
Celltrion Healthcare Company, Ltd. | 10,444 | 555,491 | |||
Centene Corp. (B) | 55,579 | 4,591,937 | |||
Cigna Corp. | 31,050 | 7,383,069 | |||
CVS Health Corp. | 123,921 | 12,844,412 | |||
DaVita, Inc. (B) | 6,232 | 702,783 | |||
Fresenius Medical Care AG & Company KGaA | 20,833 | 1,336,617 | |||
Fresenius SE & Company KGaA | 42,679 | 1,489,165 | |||
Hapvida Participacoes e Investimentos SA (A) | 449,339 | 1,051,810 | |||
HCA Healthcare, Inc. | 22,374 | 5,600,436 | |||
Henry Schein, Inc. (B) | 13,068 | 1,128,814 | |||
Humana, Inc. | 12,165 | 5,283,503 | |||
Hygeia Healthcare Holdings Company, Ltd. (A) | 38,800 | 211,826 | |||
IHH Healthcare BHD | 191,409 | 300,297 | |||
Jinxin Fertility Group, Ltd. (A)(B) | 143,500 | 167,792 | |||
Laboratory Corp. of America Holdings (B) | 9,080 | 2,463,041 | |||
McKesson Corp. | 14,519 | 3,992,144 | |||
Medipal Holdings Corp. | 18,100 | 331,266 | |||
NMC Health PLC (B) | 8,800 | 176 | |||
Orpea SA | 6,408 | 265,357 | |||
Ping An Healthcare and Technology Company, Ltd. (A)(B)(C) | 51,600 | 159,904 | |||
Quest Diagnostics, Inc. | 11,744 | 1,541,635 | |||
Ramsay Health Care, Ltd. | 18,185 | 848,289 | |||
Rede D'Or Sao Luiz SA (A) | 42,500 | 418,666 | |||
Ryman Healthcare, Ltd. (C) | 74,864 | 509,217 | |||
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares | 89,600 | 161,734 | |||
Sinopharm Group Company, Ltd., H Shares | 155,100 | 375,991 | |||
Sonic Healthcare, Ltd. | 45,225 | 1,154,033 | |||
UnitedHealth Group, Inc. | 89,859 | 42,761,202 | |||
Universal Health Services, Inc., Class B | 6,941 | 999,018 | |||
114,677,692 | |||||
Health care technology – 0.1% | |||||
Alibaba Health Information Technology, Ltd. (B) | 459,100 | 321,476 | |||
Cerner Corp. | 27,786 | 2,591,045 |
The accompanying notes are an integral part of the financial statements. | 64 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Health care technology (continued) | |||||
M3, Inc. | 44,600 | $ | 1,678,008 | ||
4,590,529 | |||||
Life sciences tools and services – 0.9% | |||||
Agilent Technologies, Inc. | 22,238 | 2,898,946 | |||
Bachem Holding AG, Class B | 661 | 393,378 | |||
Bio-Rad Laboratories, Inc., Class A (B) | 1,592 | 996,528 | |||
Bio-Techne Corp. | 2,863 | 1,200,771 | |||
Charles River Laboratories International, Inc. (B) | 3,689 | 1,074,089 | |||
Danaher Corp. | 46,983 | 12,892,605 | |||
Eurofins Scientific SE | 16,395 | 1,663,729 | |||
Genscript Biotech Corp. (B) | 131,400 | 521,003 | |||
Hangzhou Tigermed Consulting Company, Ltd., H Shares (A) | 14,000 | 157,515 | |||
Illumina, Inc. (B) | 11,478 | 3,748,715 | |||
IQVIA Holdings, Inc. (B) | 13,931 | 3,205,802 | |||
Lonza Group AG | 7,999 | 5,534,523 | |||
Mettler-Toledo International, Inc. (B) | 1,675 | 2,359,640 | |||
PerkinElmer, Inc. | 9,354 | 1,680,072 | |||
Pharmaron Beijing Company, Ltd., H Shares (A) | 15,100 | 183,073 | |||
QIAGEN NV (B) | 23,074 | 1,159,293 | |||
Samsung Biologics Company, Ltd. (A)(B) | 1,979 | 1,287,444 | |||
Sartorius Stedim Biotech | 3,395 | 1,301,882 | |||
Thermo Fisher Scientific, Inc. | 28,965 | 15,756,960 | |||
Waters Corp. (B) | 4,472 | 1,416,417 | |||
West Pharmaceutical Services, Inc. | 5,428 | 2,101,070 | |||
WuXi AppTec Company, Ltd., H Shares (A) | 39,446 | 561,492 | |||
Wuxi Biologics Cayman, Inc. (A)(B) | 411,100 | 3,400,379 | |||
65,495,326 | |||||
Pharmaceuticals – 3.6% | |||||
Aspen Pharmacare Holdings, Ltd. | 43,673 | 572,091 | |||
Astellas Pharma, Inc. | 187,600 | 3,129,959 | |||
AstraZeneca PLC | 157,635 | 19,159,956 | |||
Bausch Health Companies, Inc. (B) | 44,357 | 1,067,018 | |||
Bayer AG | 99,753 | 5,762,029 | |||
Bristol-Myers Squibb Company | 154,542 | 10,612,399 | |||
Canopy Growth Corp. (B)(C) | 35,203 | 251,073 | |||
CanSino Biologics, Inc., H Shares (A)(B)(C) | 9,200 | 166,275 | |||
Catalent, Inc. (B) | 11,952 | 1,219,582 | |||
Celltrion Pharm, Inc. (B) | 2,047 | 150,614 | |||
China Medical System Holdings, Ltd. | 154,500 | 275,111 | |||
China Traditional Chinese Medicine Holdings Company, Ltd. | 318,400 | 181,507 | |||
Chugai Pharmaceutical Company, Ltd. | 67,700 | 2,245,854 | |||
CSPC Pharmaceutical Group, Ltd. | 1,021,792 | 1,211,194 | |||
Daiichi Sankyo Company, Ltd. | 176,700 | 4,310,669 | |||
Eisai Company, Ltd. | 23,954 | 1,188,472 | |||
Elanco Animal Health, Inc. (B)(D) | 6,772 | 0 | |||
Eli Lilly & Company | 55,217 | 13,801,489 | |||
GlaxoSmithKline PLC | 511,872 | 10,674,646 | |||
Hanmi Pharm Company, Ltd. (B) | 813 | 180,079 | |||
Hansoh Pharmaceutical Group Company, Ltd. (A) | 134,000 | 286,049 | |||
Hikma Pharmaceuticals PLC | 17,590 | 489,705 | |||
Hutchmed China, Ltd., ADR (B) | 9,800 | 267,050 | |||
Hypera SA | 40,279 | 261,290 | |||
Ipsen SA | 4,592 | 534,323 | |||
Johnson & Johnson | 183,306 | 30,166,668 | |||
Kalbe Farma Tbk PT | 2,737,510 | 313,536 | |||
Kyowa Kirin Company, Ltd. | 27,128 | 694,230 | |||
Merck & Company, Inc. | 175,175 | 13,414,902 | |||
Merck KGaA | 13,167 | 2,611,641 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Pharmaceuticals (continued) | |||||
Nippon Shinyaku Company, Ltd. | 4,900 | $ | 319,138 | ||
Novartis AG | 235,520 | 20,700,182 | |||
Novo Nordisk A/S, B Shares | 171,031 | 17,698,870 | |||
Oneness Biotech Company, Ltd. (B) | 27,000 | 239,335 | |||
Ono Pharmaceutical Company, Ltd. | 37,300 | 918,326 | |||
Organon & Company | 17,564 | 655,664 | |||
Orion OYJ, Class B | 8,141 | 382,292 | |||
Otsuka Holdings Company, Ltd. | 39,400 | 1,358,283 | |||
Pfizer, Inc. | 390,917 | 18,349,644 | |||
Recordati Industria Chimica e Farmaceutica SpA | 20,032 | 979,795 | |||
Richter Gedeon NYRT | 18,106 | 379,997 | |||
Roche Holding AG | 75,535 | 28,607,621 | |||
Roche Holding AG, Bearer Shares | 3,343 | 1,395,399 | |||
Sanofi | 139,906 | 14,624,724 | |||
Santen Pharmaceutical Company, Ltd. | 35,800 | 408,016 | |||
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares | 57,500 | 230,547 | |||
Shin Poong Pharmaceutical Company, Ltd. (B) | 3,880 | 113,326 | |||
Shionogi & Company, Ltd. | 26,763 | 1,779,535 | |||
Sino Biopharmaceutical, Ltd. | 1,175,525 | 750,414 | |||
SK Biopharmaceuticals Company, Ltd. (B) | 3,268 | 231,963 | |||
Sumitomo Dainippon Pharma Company, Ltd. | 18,200 | 199,739 | |||
Taisho Pharmaceutical Holdings Company, Ltd. | 3,700 | 183,669 | |||
Takeda Pharmaceutical Company, Ltd. | 159,328 | 4,857,958 | |||
Teva Pharmaceutical Industries, Ltd., ADR (B) | 120,936 | 983,210 | |||
UCB SA | 14,734 | 1,608,020 | |||
Viatris, Inc. | 83,340 | 917,573 | |||
Vifor Pharma AG | 5,223 | 916,789 | |||
Yuhan Corp. | 6,178 | 300,178 | |||
Zoetis, Inc. | 33,012 | 6,392,774 | |||
251,682,392 | |||||
645,230,757 | |||||
Industrials – 8.9% | |||||
Aerospace and defense – 1.1% | |||||
Airbus SE | 72,628 | 9,273,075 | |||
Aselsan Elektronik Sanayi Ve Ticaret AS | 65,336 | 105,596 | |||
AviChina Industry & Technology Company, Ltd., H Shares | 291,300 | 180,850 | |||
BAE Systems PLC | 328,690 | 3,155,749 | |||
CAE, Inc. (B) | 46,348 | 1,239,969 | |||
Dassault Aviation SA | 3,110 | 462,799 | |||
General Dynamics Corp. | 19,462 | 4,562,866 | |||
Howmet Aerospace, Inc. | 31,733 | 1,139,849 | |||
Huntington Ingalls Industries, Inc. | 3,356 | 685,966 | |||
Korea Aerospace Industries, Ltd. (B) | 8,821 | 274,438 | |||
L3Harris Technologies, Inc. | 16,480 | 4,158,069 | |||
Lockheed Martin Corp. | 20,566 | 8,921,531 | |||
MTU Aero Engines AG | 5,483 | 1,312,554 | |||
Northrop Grumman Corp. | 12,443 | 5,501,548 | |||
Raytheon Technologies Corp. | 124,377 | 12,773,518 | |||
Rolls-Royce Holdings PLC (B) | 851,492 | 1,174,600 | |||
Safran SA | 42,221 | 5,368,279 | |||
Singapore Technologies Engineering, Ltd. | 152,800 | 433,023 | |||
Textron, Inc. | 18,474 | 1,351,004 | |||
Thales SA | 13,233 | 1,512,834 | |||
The Boeing Company (B) | 45,422 | 9,326,953 |
The accompanying notes are an integral part of the financial statements. | 65 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Aerospace and defense (continued) | |||||
TransDigm Group, Inc. (B) | 4,347 | $ | 2,897,667 | ||
75,812,737 | |||||
Air freight and logistics – 0.7% | |||||
CH Robinson Worldwide, Inc. | 21,706 | 2,098,536 | |||
Deutsche Post AG | 100,733 | 5,063,062 | |||
DSV A/S | 20,745 | 3,818,255 | |||
Expeditors International of Washington, Inc. | 28,540 | 2,949,894 | |||
FedEx Corp. | 41,097 | 9,134,630 | |||
Hyundai Glovis Company, Ltd. | 2,301 | 339,433 | |||
InPost SA (B)(C) | 21,148 | 130,602 | |||
SG Holdings Company, Ltd. | 32,200 | 682,485 | |||
United Parcel Service, Inc., Class B | 122,781 | 25,835,578 | |||
Yamato Holdings Company, Ltd. | 29,500 | 579,345 | |||
ZTO Express Cayman, Inc., ADR | 49,600 | 1,460,224 | |||
52,092,044 | |||||
Airlines – 0.2% | |||||
Air Canada (B) | 26,772 | 505,869 | |||
Air China, Ltd., H Shares (B) | 196,966 | 151,482 | |||
Alaska Air Group, Inc. (B) | 20,645 | 1,159,010 | |||
American Airlines Group, Inc. (B)(C) | 107,775 | 1,859,119 | |||
ANA Holdings, Inc. (B) | 15,800 | 347,887 | |||
China Southern Airlines Company, Ltd., H Shares (B)(C) | 184,900 | 116,980 | |||
Delta Air Lines, Inc. (B) | 105,826 | 4,224,574 | |||
Deutsche Lufthansa AG (B) | 60,242 | 457,540 | |||
Japan Airlines Company, Ltd. (B) | 14,200 | 281,567 | |||
Korean Air Lines Company, Ltd. (B) | 20,922 | 515,454 | |||
Qantas Airways, Ltd. (B) | 92,325 | 342,108 | |||
Singapore Airlines, Ltd. (B) | 129,740 | 491,258 | |||
Southwest Airlines Company (B) | 99,026 | 4,337,339 | |||
United Airlines Holdings, Inc. (B) | 53,583 | 2,379,085 | |||
17,169,272 | |||||
Building products – 0.6% | |||||
A.O. Smith Corp. | 15,025 | 1,030,415 | |||
AGC, Inc. | 19,584 | 868,796 | |||
Allegion PLC | 10,193 | 1,167,302 | |||
Assa Abloy AB, B Shares | 105,701 | 2,774,407 | |||
Carrier Global Corp. | 98,144 | 4,404,703 | |||
China Lesso Group Holdings, Ltd. | 124,000 | 190,908 | |||
Cie de Saint-Gobain | 62,300 | 3,862,916 | |||
Daikin Industries, Ltd. | 25,100 | 4,638,594 | |||
Fortune Brands Home & Security, Inc. | 15,429 | 1,340,780 | |||
Geberit AG | 3,804 | 2,488,490 | |||
Johnson Controls International PLC | 79,665 | 5,175,038 | |||
Kingspan Group PLC | 18,433 | 1,800,208 | |||
Lixil Corp. | 26,700 | 595,073 | |||
Masco Corp. | 27,698 | 1,552,196 | |||
Nibe Industrier AB, B Shares | 150,616 | 1,340,748 | |||
Rockwool International A/S, B Shares | 850 | 291,389 | |||
TOTO, Ltd. | 14,300 | 601,984 | |||
Trane Technologies PLC | 26,808 | 4,126,555 | |||
Xinyi Glass Holdings, Ltd. | 180,000 | 479,473 | |||
38,729,975 | |||||
Commercial services and supplies – 0.3% | |||||
Brambles, Ltd. | 143,689 | 1,034,952 | |||
China Everbright Environment Group, Ltd. | 425,500 | 305,499 | |||
Cintas Corp. | 7,036 | 2,640,752 | |||
Copart, Inc. (B) | 17,070 | 2,097,562 | |||
Dai Nippon Printing Company, Ltd. | 22,300 | 582,135 | |||
GFL Environmental, Inc. | 22,781 | 666,086 | |||
Rentokil Initial PLC | 187,948 | 1,275,483 | |||
Republic Services, Inc. | 16,582 | 1,994,483 | |||
Ritchie Brothers Auctioneers, Inc. | 16,068 | 842,128 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Commercial services and supplies (continued) | |||||
Rollins, Inc. | 18,009 | $ | 587,634 | ||
S-1 Corp. | 1,930 | 112,352 | |||
Secom Company, Ltd. | 21,194 | 1,556,622 | |||
Securitas AB, B Shares | 33,220 | 402,190 | |||
Sohgo Security Services Company, Ltd. | 7,100 | 256,340 | |||
Toppan, Inc. | 26,500 | 522,164 | |||
Waste Management, Inc. | 30,488 | 4,402,467 | |||
19,278,849 | |||||
Construction and engineering – 0.3% | |||||
ACS Actividades de Construccion y Servicios SA | 27,307 | 663,576 | |||
Bouygues SA | 28,146 | 1,006,446 | |||
China Communications Services Corp., Ltd., H Shares | 277,200 | 152,078 | |||
China Conch Venture Holdings, Ltd. | 187,900 | 904,220 | |||
China Railway Group, Ltd., H Shares | 458,200 | 269,035 | |||
China State Construction International Holdings, Ltd. | 229,900 | 323,772 | |||
Eiffage SA | 10,157 | 1,034,632 | |||
Ferrovial SA | 52,229 | 1,422,938 | |||
GS Engineering & Construction Corp. | 7,920 | 284,638 | |||
Hyundai Engineering & Construction Company, Ltd. | 9,586 | 349,239 | |||
Kajima Corp. | 45,900 | 617,744 | |||
Obayashi Corp. | 66,300 | 555,129 | |||
Quanta Services, Inc. | 27,943 | 3,044,110 | |||
Samsung Engineering Company, Ltd. (B) | 18,876 | 368,744 | |||
Shimizu Corp. | 55,600 | 368,025 | |||
Skanska AB, B Shares | 36,064 | 816,247 | |||
Taisei Corp. | 19,400 | 645,078 | |||
Vinci SA | 66,148 | 6,935,711 | |||
WSP Global, Inc. | 16,996 | 2,085,245 | |||
21,846,607 | |||||
Electrical equipment – 0.9% | |||||
ABB, Ltd. | 176,300 | 5,957,690 | |||
AMETEK, Inc. | 29,390 | 3,814,528 | |||
Ballard Power Systems, Inc. (B) | 35,093 | 401,458 | |||
Doosan Heavy Industries & Construction Company, Ltd. (B) | 41,655 | 730,363 | |||
Eaton Corp. PLC | 50,994 | 7,867,864 | |||
Ecopro BM Company, Ltd. | 1,312 | 415,185 | |||
Emerson Electric Company | 76,311 | 7,090,818 | |||
Fuji Electric Company, Ltd. | 12,900 | 663,726 | |||
Generac Holdings, Inc. (B) | 8,077 | 2,548,051 | |||
Legrand SA | 32,832 | 3,097,372 | |||
LG Energy Solution (B) | 2,531 | 867,278 | |||
Mitsubishi Electric Corp. | 184,818 | 2,235,470 | |||
Nidec Corp. | 45,200 | 3,929,399 | |||
Prysmian SpA | 49,182 | 1,619,040 | |||
Rockwell Automation, Inc. | 14,892 | 3,969,909 | |||
Schneider Electric SE | 65,032 | 10,075,804 | |||
Schneider Electric SE (Euronext London Exchange) | 1,474 | 229,113 | |||
Siemens Energy AG | 40,632 | 966,379 | |||
Siemens Gamesa Renewable Energy SA (B) | 25,817 | 594,044 | |||
Vestas Wind Systems A/S | 102,706 | 3,311,929 | |||
Voltronic Power Technology Corp. | 7,000 | 363,533 | |||
WEG SA | 177,996 | 1,008,488 | |||
Xinjiang Goldwind Science & Technology Company, Ltd., H Shares | 90,400 | 147,911 |
The accompanying notes are an integral part of the financial statements. | 66 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Electrical equipment (continued) | |||||
Zhuzhou CRRC Times Electric Company, Ltd. | 62,700 | $ | 326,825 | ||
62,232,177 | |||||
Industrial conglomerates – 0.9% | |||||
3M Company | 49,200 | 7,313,580 | |||
Aboitiz Equity Ventures, Inc. | 200,850 | 234,566 | |||
Alfa SAB de CV, Class A | 564,700 | 417,990 | |||
Ayala Corp. | 28,945 | 479,944 | |||
CITIC, Ltd. | 674,333 | 786,896 | |||
CJ Corp. | 1,807 | 127,295 | |||
CK Hutchison Holdings, Ltd. | 268,472 | 1,882,274 | |||
DCC PLC | 9,956 | 781,282 | |||
Far Eastern New Century Corp. | 343,133 | 363,736 | |||
Fosun International, Ltd. | 291,500 | 316,279 | |||
General Electric Company | 91,658 | 8,754,256 | |||
Grupo Carso SAB de CV, Series A1 | 86,000 | 260,591 | |||
GT Capital Holdings, Inc. | 10,178 | 115,263 | |||
HAP Seng Consolidated BHD | 67,600 | 122,012 | |||
Hitachi, Ltd. | 97,800 | 4,836,474 | |||
Honeywell International, Inc. | 58,629 | 11,124,853 | |||
Investment AB Latour, B Shares | 15,542 | 429,315 | |||
Jardine Matheson Holdings, Ltd. | 21,332 | 1,271,861 | |||
JG Summit Holdings, Inc. | 308,765 | 364,698 | |||
Keppel Corp., Ltd. | 143,731 | 639,884 | |||
KOC Holding AS | 68,088 | 155,917 | |||
LG Corp. | 10,571 | 664,390 | |||
Lifco AB, B Shares | 24,488 | 556,650 | |||
Melrose Industries PLC | 443,474 | 877,398 | |||
Roper Technologies, Inc. | 9,036 | 4,050,116 | |||
Samsung C&T Corp. | 10,209 | 942,859 | |||
Siemens AG | 77,842 | 10,966,563 | |||
Sime Darby BHD | 305,900 | 165,657 | |||
SK, Inc. | 5,040 | 962,690 | |||
SM Investments Corp. | 25,140 | 437,350 | |||
Smiths Group PLC | 40,168 | 819,450 | |||
The Bidvest Group, Ltd. | 32,255 | 441,936 | |||
Toshiba Corp. | 41,300 | 1,646,623 | |||
Turkiye Sise ve Cam Fabrikalari AS | 132,524 | 118,425 | |||
63,429,073 | |||||
Machinery – 1.1% | |||||
Airtac International Group | 16,000 | 532,194 | |||
Alfa Laval AB | 33,207 | 1,076,933 | |||
Alstom SA | 39,107 | 994,878 | |||
Atlas Copco AB, A Shares | 70,998 | 3,641,069 | |||
Atlas Copco AB, B Shares | 40,955 | 1,850,559 | |||
Caterpillar, Inc. | 25,332 | 4,751,777 | |||
CNH Industrial NV | 198,548 | 2,824,247 | |||
CRRC Corp., Ltd., H Shares | 515,000 | 228,884 | |||
Cummins, Inc. | 6,746 | 1,376,994 | |||
Daifuku Company, Ltd. | 10,200 | 737,734 | |||
Daimler Truck Holding AG (B) | 41,991 | 1,279,704 | |||
Deere & Company | 13,264 | 4,775,305 | |||
Doosan Bobcat, Inc. | 6,228 | 199,887 | |||
Dover Corp. | 6,879 | 1,079,040 | |||
Epiroc AB, A Shares | 69,001 | 1,296,574 | |||
Epiroc AB, B Shares | 41,564 | 673,768 | |||
FANUC Corp. | 19,400 | 3,563,821 | |||
Fortive Corp. | 17,064 | 1,104,894 | |||
GEA Group AG | 15,347 | 671,105 | |||
Haitian International Holdings, Ltd. | 73,200 | 195,027 | |||
Hino Motors, Ltd. | 29,100 | 273,446 | |||
Hitachi Construction Machinery Company, Ltd. | 10,900 | 266,741 | |||
Hiwin Technologies Corp. | 33,005 | 315,117 | |||
Hoshizaki Corp. | 5,400 | 376,496 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Machinery (continued) | |||||
Husqvarna AB, B Shares | 43,936 | $ | 529,170 | ||
IDEX Corp. | 3,588 | 688,537 | |||
Illinois Tool Works, Inc. | 13,661 | 2,955,421 | |||
Ingersoll Rand, Inc. | 19,335 | 976,804 | |||
KION Group AG | 7,291 | 584,492 | |||
Knorr-Bremse AG | 7,221 | 636,603 | |||
Komatsu, Ltd. | 88,700 | 2,040,448 | |||
Kone OYJ, B Shares | 26,399 | 1,540,477 | |||
Korea Shipbuilding & Offshore Engineering Company, Ltd. (B) | 4,624 | 342,805 | |||
Kornit Digital, Ltd. (B) | 5,100 | 483,633 | |||
Kubota Corp. | 103,800 | 1,862,345 | |||
Kurita Water Industries, Ltd. | 9,989 | 412,793 | |||
Makita Corp. | 22,700 | 809,055 | |||
MINEBEA MITSUMI, Inc. | 36,900 | 809,988 | |||
MISUMI Group, Inc. | 28,500 | 913,643 | |||
Mitsubishi Heavy Industries, Ltd. | 32,440 | 956,739 | |||
Miura Company, Ltd. | 8,800 | 241,187 | |||
NGK Insulators, Ltd. | 26,400 | 409,989 | |||
Otis Worldwide Corp. | 20,185 | 1,581,091 | |||
PACCAR, Inc. | 16,445 | 1,509,815 | |||
Parker-Hannifin Corp. | 6,143 | 1,820,724 | |||
Pentair PLC | 7,948 | 460,269 | |||
Rational AG | 510 | 375,340 | |||
Samsung Heavy Industries Company, Ltd. (B) | 73,813 | 359,822 | |||
Sandvik AB | 119,185 | 2,568,736 | |||
Sany Heavy Equipment International Holdings Company, Ltd. | 123,000 | 127,551 | |||
Schindler Holding AG | 1,880 | 421,405 | |||
Schindler Holding AG, Participation Certificates | 4,609 | 1,057,514 | |||
Sinotruk Hong Kong, Ltd. | 81,600 | 121,802 | |||
SKF AB, B Shares | 40,760 | 752,600 | |||
SMC Corp. | 5,796 | 3,462,351 | |||
Snap-on, Inc. | 2,545 | 534,908 | |||
Spirax-Sarco Engineering PLC | 7,481 | 1,192,131 | |||
Stanley Black & Decker, Inc. | 7,744 | 1,259,949 | |||
Techtronic Industries Company, Ltd. | 136,000 | 2,278,824 | |||
Toyota Industries Corp. | 14,929 | 1,135,516 | |||
VAT Group AG (A) | 2,876 | 1,086,826 | |||
Volvo AB, A Shares | 13,921 | 272,038 | |||
Volvo AB, B Shares | 159,214 | 3,062,301 | |||
Wabtec Corp. | 8,935 | 829,347 | |||
Wartsila OYJ ABP | 36,720 | 411,248 | |||
Weichai Power Company, Ltd., H Shares | 221,980 | 375,619 | |||
Xylem, Inc. | 8,624 | 767,105 | |||
Yaskawa Electric Corp. (C) | 24,200 | 968,891 | |||
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares | 160,600 | 106,832 | |||
80,180,878 | |||||
Marine – 0.2% | |||||
A.P. Moller - Maersk A/S, Series A | 304 | 911,534 | |||
A.P. Moller - Maersk A/S, Series B | 607 | 1,920,252 | |||
COSCO SHIPPING Holdings Company, Ltd., H Shares (B) | 383,289 | 774,713 | |||
Evergreen Marine Corp. Taiwan, Ltd. | 302,748 | 1,590,413 | |||
HMM Company, Ltd. (B) | 31,628 | 766,134 | |||
Kuehne + Nagel International AG | 5,774 | 1,574,657 | |||
MISC BHD | 143,600 | 251,867 | |||
Nippon Yusen KK | 16,300 | 1,527,163 | |||
Pan Ocean Company, Ltd. | 32,740 | 180,672 | |||
SITC International Holdings Company, Ltd. | 132,000 | 544,257 | |||
Wan Hai Lines, Ltd. | 73,000 | 497,236 |
The accompanying notes are an integral part of the financial statements. | 67 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Marine (continued) | |||||
Yang Ming Marine Transport Corp. (B) | 208,000 | $ | 879,111 | ||
11,418,009 | |||||
Professional services – 0.6% | |||||
51job, Inc., ADR (B) | 3,500 | 181,300 | |||
Adecco Group AG | 16,586 | 783,334 | |||
Benefit One, Inc. | 8,000 | 185,295 | |||
Bureau Veritas SA | 35,739 | 1,021,879 | |||
Equifax, Inc. | 9,807 | 2,141,260 | |||
Experian PLC | 93,617 | 3,657,096 | |||
Intertek Group PLC | 16,302 | 1,170,187 | |||
Jacobs Engineering Group, Inc. | 10,355 | 1,273,665 | |||
Leidos Holdings, Inc. | 11,030 | 1,123,295 | |||
Nielsen Holdings PLC | 28,174 | 490,791 | |||
Nihon M&A Center Holdings, Inc. | 30,500 | 451,127 | |||
Persol Holdings Company, Ltd. | 17,700 | 396,510 | |||
Randstad NV | 12,657 | 862,558 | |||
Recruit Holdings Company, Ltd. | 136,800 | 5,774,354 | |||
RELX PLC | 196,211 | 5,975,212 | |||
Robert Half International, Inc. | 8,826 | 1,061,680 | |||
SGS SA | 629 | 1,799,789 | |||
Teleperformance | 7,200 | 2,671,647 | |||
Thomson Reuters Corp. | 25,551 | 2,583,524 | |||
Verisk Analytics, Inc. | 12,991 | 2,303,824 | |||
Wolters Kluwer NV | 28,069 | 2,859,943 | |||
38,768,270 | |||||
Road and rail – 1.3% | |||||
Aurizon Holdings, Ltd. | 184,856 | 471,551 | |||
BTS Group Holdings PCL, NVDR | 972,700 | 283,542 | |||
Canadian National Railway Company | 100,920 | 12,519,653 | |||
Canadian Pacific Railway, Ltd. | 132,747 | 9,347,274 | |||
Central Japan Railway Company | 14,488 | 1,957,564 | |||
CJ Logistics Corp. (B) | 1,073 | 111,250 | |||
CSX Corp. | 374,141 | 12,687,121 | |||
DiDi Global, Inc., ADR (B)(C) | 34,100 | 139,810 | |||
East Japan Railway Company | 30,300 | 1,800,085 | |||
Hankyu Hanshin Holdings, Inc. | 22,500 | 673,134 | |||
JB Hunt Transport Services, Inc. | 14,146 | 2,870,648 | |||
Keio Corp. | 10,220 | 418,172 | |||
Keisei Electric Railway Company, Ltd. | 12,835 | 359,453 | |||
Kintetsu Group Holdings Company, Ltd. (B) | 16,800 | 504,711 | |||
Localiza Rent a Car SA | 64,145 | 714,084 | |||
MTR Corp., Ltd. | 150,368 | 779,433 | |||
Nippon Express Holdings, Inc. | 7,680 | 465,560 | |||
Norfolk Southern Corp. | 40,751 | 10,453,447 | |||
Odakyu Electric Railway Company, Ltd. | 29,200 | 481,756 | |||
Old Dominion Freight Line, Inc. | 15,945 | 5,007,208 | |||
Rumo SA (B) | 136,000 | 407,438 | |||
TFI International, Inc. | 12,218 | 1,273,564 | |||
Tobu Railway Company, Ltd. | 18,400 | 452,283 | |||
Tokyu Corp. | 49,593 | 661,391 | |||
Union Pacific Corp. | 107,944 | 26,548,827 | |||
West Japan Railway Company | 21,600 | 931,908 | |||
92,320,867 | |||||
Trading companies and distributors – 0.5% | |||||
Ashtead Group PLC | 45,606 | 2,963,563 | |||
BOC Aviation, Ltd. (A) | 23,600 | 205,155 | |||
Brenntag SE | 15,590 | 1,306,948 | |||
Bunzl PLC | 34,046 | 1,345,422 | |||
Fastenal Company | 44,103 | 2,269,540 | |||
Ferguson PLC | 22,645 | 3,450,598 | |||
IMCD NV | 6,004 | 975,298 | |||
ITOCHU Corp. | 119,937 | 3,908,579 | |||
Marubeni Corp. | 157,600 | 1,654,270 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Trading companies and distributors (continued) | |||||
Mitsubishi Corp. | 127,300 | $ | 4,280,294 | ||
Mitsui & Company, Ltd. | 157,400 | 3,924,408 | |||
MonotaRO Company, Ltd. | 24,900 | 468,693 | |||
Reece, Ltd. | 28,835 | 408,223 | |||
Sumitomo Corp. | 113,355 | 1,849,456 | |||
Toromont Industries, Ltd. | 12,225 | 1,036,256 | |||
Toyota Tsusho Corp. | 21,593 | 896,433 | |||
United Rentals, Inc. (B) | 5,468 | 1,758,618 | |||
W.W. Grainger, Inc. | 3,307 | 1,577,637 | |||
34,279,391 | |||||
Transportation infrastructure – 0.2% | |||||
Aena SME SA (A)(B) | 8,071 | 1,317,229 | |||
Aeroports de Paris (B) | 3,561 | 503,488 | |||
Airports of Thailand PCL, NVDR (B) | 541,500 | 1,069,859 | |||
Atlantia SpA (B) | 95,218 | 1,751,559 | |||
Auckland International Airport, Ltd. (B) | 216,426 | 1,047,940 | |||
Bangkok Expressway & Metro PCL, NVDR (C) | 937,300 | 256,278 | |||
Beijing Capital International Airport Company, Ltd., H Shares (B) | 204,211 | 130,799 | |||
CCR SA | 125,515 | 285,551 | |||
China Merchants Port Holdings Company, Ltd. | 170,031 | 320,576 | |||
COSCO SHIPPING Ports, Ltd. | 207,108 | 170,672 | |||
Getlink SE | 52,979 | 864,052 | |||
Grupo Aeroportuario del Pacifico SAB de CV, B Shares (B) | 69,800 | 1,022,275 | |||
Grupo Aeroportuario del Sureste SAB de CV, B Shares | 39,865 | 858,224 | |||
International Container Terminal Services, Inc. | 104,420 | 430,362 | |||
Jiangsu Expressway Company, Ltd., H Shares | 140,055 | 149,851 | |||
Malaysia Airports Holdings BHD (B) | 109,722 | 161,037 | |||
Promotora y Operadora de Infraestructura SAB de CV | 44,955 | 353,367 | |||
Shenzhen International Holdings, Ltd. | 150,500 | 155,072 | |||
Taiwan High Speed Rail Corp. | 216,632 | 229,277 | |||
Transurban Group | 302,711 | 2,795,961 | |||
Westports Holdings BHD | 107,900 | 100,567 | |||
Zhejiang Expressway Company, Ltd., H Shares | 172,982 | 156,048 | |||
14,130,044 | |||||
621,688,193 | |||||
Information technology – 18.6% | |||||
Communications equipment – 0.6% | |||||
Accton Technology Corp. | 60,000 | 544,114 | |||
Arista Networks, Inc. (B) | 22,658 | 2,780,816 | |||
BYD Electronic International Company, Ltd. (C) | 77,800 | 219,537 | |||
Cisco Systems, Inc. | 431,724 | 24,077,247 | |||
F5, Inc. (B) | 6,145 | 1,234,223 | |||
Juniper Networks, Inc. | 32,717 | 1,105,507 | |||
Motorola Solutions, Inc. | 17,753 | 3,913,294 | |||
Nokia OYJ (B) | 419,261 | 2,267,086 | |||
Telefonaktiebolaget LM Ericsson, B Shares | 307,708 | 2,831,497 | |||
ZTE Corp., H Shares | 87,315 | 215,105 | |||
39,188,426 | |||||
Electronic equipment, instruments and components – 1.0% | |||||
AAC Technologies Holdings, Inc. | 83,600 | 228,579 | |||
Amphenol Corp., Class A | 61,209 | 4,652,496 | |||
AU Optronics Corp. | 977,851 | 732,094 | |||
Azbil Corp. | 12,400 | 470,690 | |||
CDW Corp. | 14,267 | 2,460,487 |
The accompanying notes are an integral part of the financial statements. | 68 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Electronic equipment, instruments and components (continued) | |||||
Corning, Inc. | 77,915 | $ | 3,147,766 | ||
Delta Electronics Thailand PCL | 30,200 | 378,113 | |||
Delta Electronics Thailand PCL, NVDR | 9,200 | 115,187 | |||
Delta Electronics, Inc. | 231,898 | 2,066,700 | |||
Foxconn Technology Company, Ltd. | 110,180 | 253,607 | |||
Halma PLC | 38,604 | 1,245,135 | |||
Hamamatsu Photonics KK | 14,000 | 709,400 | |||
Hexagon AB, B Shares | 208,060 | 2,810,823 | |||
Hirose Electric Company, Ltd. | 3,230 | 485,671 | |||
Hon Hai Precision Industry Company, Ltd. | 1,490,172 | 5,535,330 | |||
Ibiden Company, Ltd. | 10,600 | 517,688 | |||
Iljin Materials Company, Ltd. | 2,785 | 213,182 | |||
Inari Amertron BHD | 326,400 | 252,723 | |||
Innolux Corp. | 1,131,300 | 688,411 | |||
IPG Photonics Corp. (B) | 3,604 | 469,781 | |||
Keyence Corp. | 19,606 | 9,273,650 | |||
Keysight Technologies, Inc. (B) | 18,807 | 2,959,658 | |||
Kingboard Holdings, Ltd. | 77,100 | 360,685 | |||
Kingboard Laminates Holdings, Ltd. | 106,500 | 177,466 | |||
Kyocera Corp. | 32,600 | 1,876,227 | |||
L&F Company, Ltd. | 2,693 | 443,094 | |||
Largan Precision Company, Ltd. | 11,590 | 842,278 | |||
LG Display Company, Ltd. | 28,281 | 444,758 | |||
LG Innotek Company, Ltd. | 1,705 | 470,670 | |||
Murata Manufacturing Company, Ltd. | 57,997 | 3,941,776 | |||
Nan Ya Printed Circuit Board Corp. | 27,000 | 517,040 | |||
Omron Corp. | 18,767 | 1,277,066 | |||
Samsung Electro-Mechanics Company, Ltd. | 6,764 | 945,663 | |||
Samsung SDI Company, Ltd. | 6,595 | 3,039,240 | |||
Shimadzu Corp. | 23,800 | 857,203 | |||
Sunny Optical Technology Group Company, Ltd. | 81,250 | 1,947,071 | |||
Synnex Technology International Corp. | 157,544 | 407,876 | |||
TDK Corp. | 39,400 | 1,594,644 | |||
TE Connectivity, Ltd. | 33,048 | 4,707,027 | |||
Teledyne Technologies, Inc. (B) | 4,753 | 2,040,843 | |||
Trimble, Inc. (B) | 25,801 | 1,799,620 | |||
Unimicron Technology Corp. | 144,000 | 1,338,883 | |||
Venture Corp., Ltd. | 27,600 | 360,025 | |||
WPG Holdings, Ltd. | 184,360 | 367,929 | |||
Yageo Corp. | 51,726 | 848,656 | |||
Yokogawa Electric Corp. | 23,100 | 372,703 | |||
Zebra Technologies Corp., Class A (B) | 5,683 | 2,349,011 | |||
Zhen Ding Technology Holding, Ltd. | 80,817 | 268,053 | |||
73,262,678 | |||||
IT services – 2.2% | |||||
Accenture PLC, Class A | 45,452 | 14,363,741 | |||
Adyen NV (A)(B) | 2,092 | 4,360,298 | |||
Akamai Technologies, Inc. (B) | 11,555 | 1,250,944 | |||
Amadeus IT Group SA (B) | 48,635 | 3,208,772 | |||
Automatic Data Processing, Inc. | 30,346 | 6,203,936 | |||
Bechtle AG | 8,130 | 417,038 | |||
Block, Inc., CHESS Depositary Interest (B) | 197 | 22,220 | |||
Broadridge Financial Solutions, Inc. | 8,357 | 1,221,877 | |||
Capgemini SE | 19,656 | 4,114,581 | |||
CGI, Inc. (B) | 32,060 | 2,628,541 | |||
Chinasoft International, Ltd. (B) | 296,000 | 270,071 | |||
Chindata Group Holdings, Ltd., ADR (B) | 13,200 | 72,468 | |||
Cognizant Technology Solutions Corp., Class A | 37,199 | 3,203,950 | |||
Computershare, Ltd. | 53,961 | 852,602 | |||
DXC Technology Company (B) | 17,924 | 609,954 | |||
Edenred | 30,471 | 1,386,579 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
IT services (continued) | |||||
EPAM Systems, Inc. (B) | 4,011 | $ | 833,285 | ||
Fidelity National Information Services, Inc. | 43,250 | 4,118,698 | |||
Fiserv, Inc. (B) | 42,800 | 4,180,276 | |||
FleetCor Technologies, Inc. (B) | 5,765 | 1,350,163 | |||
Fujitsu, Ltd. | 19,800 | 2,876,623 | |||
Gartner, Inc. (B) | 5,879 | 1,648,589 | |||
GDS Holdings, Ltd., ADR (B)(C) | 10,100 | 449,652 | |||
Global Payments, Inc. | 20,396 | 2,720,418 | |||
GMO Payment Gateway, Inc. | 4,200 | 406,257 | |||
IBM Corp. | 64,402 | 7,889,889 | |||
Itochu Techno-Solutions Corp. | 9,400 | 243,680 | |||
Jack Henry & Associates, Inc. | 5,348 | 945,526 | |||
Kingsoft Cloud Holdings, Ltd., ADR (B)(C) | 6,100 | 41,114 | |||
Mastercard, Inc., Class A | 61,783 | 22,292,542 | |||
NEC Corp. | 24,800 | 1,072,987 | |||
Nexi SpA (A)(B) | 90,707 | 1,238,873 | |||
Nomura Research Institute, Ltd. | 33,700 | 1,182,964 | |||
NTT Data Corp. | 63,300 | 1,202,328 | |||
Nuvei Corp. (A)(B) | 8,270 | 448,962 | |||
Obic Company, Ltd. | 7,000 | 1,125,838 | |||
Otsuka Corp. | 11,300 | 438,932 | |||
Paychex, Inc. | 23,096 | 2,749,810 | |||
PayPal Holdings, Inc. (B) | 82,747 | 9,261,872 | |||
Samsung SDS Company, Ltd. | 4,187 | 491,546 | |||
SCSK Corp. | 15,400 | 263,655 | |||
Shopify, Inc., Class A (B) | 16,113 | 11,185,918 | |||
TIS, Inc. | 22,200 | 525,443 | |||
TravelSky Technology, Ltd., H Shares | 104,900 | 197,838 | |||
VeriSign, Inc. (B) | 6,970 | 1,489,628 | |||
Visa, Inc., Class A | 119,656 | 25,860,055 | |||
VNET Group, Inc., ADR (B) | 10,800 | 84,996 | |||
Wix.com, Ltd. (B) | 6,100 | 558,638 | |||
Worldline SA (A)(B) | 29,348 | 1,496,549 | |||
155,061,116 | |||||
Semiconductors and semiconductor equipment – 5.0% | |||||
Advanced Micro Devices, Inc. (B) | 151,601 | 18,698,467 | |||
Advantest Corp. | 20,200 | 1,623,370 | |||
Analog Devices, Inc. | 49,781 | 7,979,396 | |||
Applied Materials, Inc. | 83,242 | 11,171,076 | |||
ASE Technology Holding Company, Ltd. | 395,422 | 1,429,177 | |||
ASM International NV | 4,971 | 1,605,471 | |||
ASMedia Technology, Inc. | 3,000 | 185,725 | |||
ASML Holding NV | 43,702 | 29,237,677 | |||
Broadcom, Inc. | 37,949 | 22,292,761 | |||
Daqo New Energy Corp., ADR (B) | 6,800 | 326,128 | |||
Disco Corp. | 2,900 | 821,088 | |||
eMemory Technology, Inc. | 8,000 | 539,898 | |||
Enphase Energy, Inc. (B) | 12,102 | 2,017,403 | |||
Flat Glass Group Company, Ltd., H Shares (C) | 46,000 | 190,218 | |||
Globalwafers Company, Ltd. | 26,000 | 643,563 | |||
Hua Hong Semiconductor, Ltd. (A)(B) | 60,100 | 313,107 | |||
Infineon Technologies AG | 133,332 | 4,511,408 | |||
Intel Corp. | 373,728 | 17,826,826 | |||
KLA Corp. | 13,965 | 4,866,803 | |||
Lam Research Corp. | 12,929 | 7,257,694 | |||
Lasertec Corp. | 7,600 | 1,408,832 | |||
MediaTek, Inc. | 179,752 | 7,103,049 | |||
Microchip Technology, Inc. | 51,293 | 3,607,437 | |||
Micron Technology, Inc. | 96,426 | 8,568,414 | |||
Monolithic Power Systems, Inc. | 4,008 | 1,838,470 | |||
Nanya Technology Corp. | 150,196 | 420,609 | |||
Novatek Microelectronics Corp. | 68,900 | 1,142,256 | |||
NVIDIA Corp. | 230,471 | 56,200,353 |
The accompanying notes are an integral part of the financial statements. | 69 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Semiconductors and semiconductor equipment (continued) | |||||
NXP Semiconductors NV | 24,711 | $ | 4,698,055 | ||
Parade Technologies, Ltd. | 9,279 | 640,638 | |||
Qorvo, Inc. (B) | 10,102 | 1,381,752 | |||
QUALCOMM, Inc. | 104,812 | 18,026,616 | |||
Realtek Semiconductor Corp. | 54,584 | 899,979 | |||
Renesas Electronics Corp. (B) | 127,500 | 1,502,038 | |||
Rohm Company, Ltd. | 9,000 | 717,782 | |||
Silergy Corp. | 9,000 | 1,199,260 | |||
SK Hynix, Inc. | 65,438 | 6,822,206 | |||
SK Square Company, Ltd. (B) | 2,149 | 99,733 | |||
Skyworks Solutions, Inc. | 15,057 | 2,080,426 | |||
SolarEdge Technologies, Inc. (B) | 4,734 | 1,512,134 | |||
STMicroelectronics NV | 84,212 | 3,535,051 | |||
SUMCO Corp. | 33,800 | 564,090 | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 2,935,915 | 63,120,869 | |||
Teradyne, Inc. | 14,957 | 1,763,729 | |||
Texas Instruments, Inc. | 85,543 | 14,541,455 | |||
Tokyo Electron, Ltd. | 15,115 | 7,418,101 | |||
United Microelectronics Corp. | 1,410,774 | 2,658,394 | |||
Vanguard International Semiconductor Corp. | 108,302 | 491,514 | |||
Win Semiconductors Corp. | 41,000 | 448,857 | |||
Winbond Electronics Corp. | 359,000 | 432,340 | |||
Xinyi Solar Holdings, Ltd. | 559,000 | 1,015,348 | |||
349,397,043 | |||||
Software – 5.1% | |||||
Adobe, Inc. (B) | 46,287 | 21,647,504 | |||
Agora, Inc., ADR (B) | 5,500 | 66,440 | |||
ANSYS, Inc. (B) | 8,456 | 2,741,351 | |||
Autodesk, Inc. (B) | 21,457 | 4,725,475 | |||
AVEVA Group PLC | 12,148 | 402,267 | |||
BlackBerry, Ltd. (B) | 77,177 | 529,736 | |||
Cadence Design Systems, Inc. (B) | 27,007 | 4,089,670 | |||
Ceridian HCM Holding, Inc. (B) | 13,503 | 984,504 | |||
Check Point Software Technologies, Ltd. (B) | 11,600 | 1,680,608 | |||
China Youzan, Ltd. (B) | 1,540,000 | 49,496 | |||
Citrix Systems, Inc. | 11,904 | 1,220,160 | |||
Constellation Software, Inc. | 2,888 | 4,867,243 | |||
CyberArk Software, Ltd. (B) | 4,300 | 731,602 | |||
Dassault Systemes SE | 81,408 | 3,926,818 | |||
Douzone Bizon Company, Ltd. | 2,377 | 96,260 | |||
Fortinet, Inc. (B) | 12,971 | 4,468,769 | |||
Intuit, Inc. | 27,462 | 13,027,149 | |||
Kingdee International Software Group Company, Ltd. (B) | 295,800 | 731,112 | |||
Lightspeed Commerce, Inc. (B) | 15,750 | 413,787 | |||
Microsoft Corp. | 722,174 | 215,778,369 | |||
Ming Yuan Cloud Group Holdings, Ltd. (B) | 66,000 | 130,263 | |||
Nemetschek SE | 5,708 | 506,479 | |||
Nice, Ltd. (B) | 6,843 | 1,547,942 | |||
NortonLifeLock, Inc. | 55,720 | 1,614,766 | |||
Open Text Corp. | 40,292 | 1,753,457 | |||
Oracle Corp. | 153,648 | 11,672,639 | |||
Oracle Corp. Japan | 3,800 | 271,417 | |||
Paycom Software, Inc. (B) | 4,576 | 1,552,225 | |||
PTC, Inc. (B) | 10,077 | 1,121,369 | |||
salesforce.com, Inc. (B) | 93,900 | 19,768,767 | |||
SAP SE | 106,148 | 11,973,918 | |||
ServiceNow, Inc. (B) | 18,964 | 10,997,603 | |||
Shanghai Baosight Software Company, Ltd., Class B | 42,737 | 184,562 | |||
Sinch AB (A)(B) | 55,122 | 464,976 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Software (continued) | |||||
Synopsys, Inc. (B) | 14,801 | $ | 4,623,684 | ||
Temenos AG | 7,159 | 719,583 | |||
The Sage Group PLC | 105,991 | 994,348 | |||
TOTVS SA | 55,100 | 352,983 | |||
Trend Micro, Inc. | 13,200 | 737,439 | |||
Tyler Technologies, Inc. (B) | 3,911 | 1,674,925 | |||
Weimob, Inc. (A)(B)(C) | 216,000 | 142,852 | |||
WiseTech Global, Ltd. | 14,484 | 463,720 | |||
Xero, Ltd. (B) | 13,222 | 909,118 | |||
356,357,355 | |||||
Technology hardware, storage and peripherals – 4.7% | |||||
Acer, Inc. | 342,008 | 354,946 | |||
Advantech Company, Ltd. | 44,834 | 590,397 | |||
Apple, Inc. | 1,589,455 | 262,450,810 | |||
Asustek Computer, Inc. | 84,354 | 1,125,322 | |||
Brother Industries, Ltd. | 23,700 | 431,361 | |||
Canon, Inc. | 100,796 | 2,372,027 | |||
Catcher Technology Company, Ltd. | 83,475 | 428,461 | |||
Compal Electronics, Inc. | 497,148 | 452,908 | |||
FUJIFILM Holdings Corp. | 36,415 | 2,314,687 | |||
Hewlett Packard Enterprise Company | 131,747 | 2,097,412 | |||
HP, Inc. | 115,782 | 3,978,270 | |||
Inventec Corp. | 312,495 | 288,589 | |||
Lenovo Group, Ltd. | 825,764 | 919,545 | |||
Lite-On Technology Corp. | 251,018 | 617,223 | |||
Logitech International SA | 18,526 | 1,386,280 | |||
Micro-Star International Company, Ltd. | 80,300 | 452,633 | |||
NetApp, Inc. | 22,697 | 1,778,991 | |||
Pegatron Corp. | 238,500 | 591,136 | |||
Quanta Computer, Inc. | 322,000 | 1,076,735 | |||
Ricoh Company, Ltd. | 67,300 | 574,123 | |||
Samsung Electronics Company, Ltd. | 571,357 | 34,426,189 | |||
Seagate Technology Holdings PLC | 20,588 | 2,123,858 | |||
Seiko Epson Corp. | 28,069 | 431,713 | |||
Western Digital Corp. (B) | 30,588 | 1,558,153 | |||
Wistron Corp. | 328,580 | 346,279 | |||
Wiwynn Corp. | 9,000 | 321,440 | |||
Xiaomi Corp., Class B (A)(B) | 1,631,900 | 3,071,590 | |||
326,561,078 | |||||
1,299,827,696 | |||||
Materials – 4.4% | |||||
Chemicals – 1.9% | |||||
Air Liquide SA | 58,254 | 9,676,286 | |||
Air Products & Chemicals, Inc. | 20,133 | 4,757,428 | |||
Akzo Nobel NV | 19,933 | 1,896,468 | |||
Albemarle Corp. | 10,439 | 2,044,896 | |||
Arkema SA | 7,550 | 1,001,260 | |||
Asahi Kasei Corp. | 127,200 | 1,193,750 | |||
Barito Pacific Tbk PT | 3,688,000 | 229,966 | |||
BASF SE | 93,462 | 6,223,284 | |||
Celanese Corp. | 9,864 | 1,373,858 | |||
CF Industries Holdings, Inc. | 18,743 | 1,521,744 | |||
Chr. Hansen Holding A/S | 10,626 | 774,681 | |||
Clariant AG (B) | 22,918 | 413,733 | |||
Corteva, Inc. | 65,864 | 3,426,904 | |||
Covestro AG (A) | 19,808 | 1,047,560 | |||
Croda International PLC | 14,175 | 1,418,902 | |||
Dongyue Group, Ltd. | 169,000 | 245,175 | |||
Dow, Inc. | 67,052 | 3,953,386 | |||
DuPont de Nemours, Inc. | 47,069 | 3,641,729 | |||
Eastman Chemical Company | 12,165 | 1,441,188 | |||
Ecolab, Inc. | 22,764 | 4,012,383 | |||
EMS-Chemie Holding AG | 730 | 722,065 | |||
Evonik Industries AG | 21,197 | 638,064 |
The accompanying notes are an integral part of the financial statements. | 70 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Chemicals (continued) | |||||
FMC Corp. | 11,272 | $ | 1,321,642 | ||
Formosa Chemicals & Fibre Corp. | 419,471 | 1,189,231 | |||
Formosa Plastics Corp. | 457,040 | 1,725,790 | |||
Givaudan SA | 988 | 4,125,301 | |||
Huabao International Holdings, Ltd. (C) | 108,000 | 61,960 | |||
ICL Group, Ltd. | 77,550 | 880,698 | |||
Indorama Ventures PCL, NVDR | 214,000 | 296,486 | |||
International Flavors & Fragrances, Inc. | 21,983 | 2,923,739 | |||
Johnson Matthey PLC | 19,948 | 501,283 | |||
JSR Corp. | 20,400 | 641,739 | |||
Kansai Paint Company, Ltd. | 17,800 | 357,259 | |||
Koninklijke DSM NV | 18,463 | 3,466,687 | |||
Kumho Petrochemical Company, Ltd. (B) | 2,249 | 303,414 | |||
LANXESS AG | 8,632 | 420,479 | |||
LG Chem, Ltd. | 5,502 | 2,610,942 | |||
Linde PLC | 45,271 | 13,275,268 | |||
Lotte Chemical Corp. | 2,097 | 386,477 | |||
LyondellBasell Industries NV, Class A | 23,776 | 2,311,740 | |||
Mitsubishi Chemical Holdings Corp. | 129,350 | 918,881 | |||
Mitsubishi Gas Chemical Company, Inc. | 16,300 | 289,195 | |||
Mitsui Chemicals, Inc. | 19,000 | 485,726 | |||
Nan Ya Plastics Corp. | 615,610 | 1,941,634 | |||
Nippon Paint Holdings Company, Ltd. | 84,000 | 751,808 | |||
Nippon Sanso Holdings Corp. | 15,300 | 299,022 | |||
Nissan Chemical Corp. | 12,300 | 699,136 | |||
Nitto Denko Corp. | 14,444 | 1,054,100 | |||
Novozymes A/S, B Shares | 20,708 | 1,359,120 | |||
Nutrien, Ltd. | 81,749 | 7,030,736 | |||
Orbia Advance Corp. SAB de CV | 201,780 | 515,460 | |||
Orica, Ltd. | 40,455 | 431,320 | |||
Petronas Chemicals Group BHD | 261,545 | 595,904 | |||
PPG Industries, Inc. | 21,632 | 2,886,790 | |||
PTT Global Chemical PCL, NVDR | 291,300 | 474,722 | |||
Sasol, Ltd. (B) | 63,604 | 1,459,390 | |||
Shin-Etsu Chemical Company, Ltd. | 35,837 | 5,597,313 | |||
Sika AG | 15,215 | 5,048,864 | |||
SK Chemicals Company, Ltd. | 1,392 | 146,227 | |||
SK IE Technology Company, Ltd. (A)(B) | 2,161 | 224,436 | |||
SKC Company, Ltd. | 2,520 | 293,061 | |||
Solvay SA | 8,584 | 957,292 | |||
Sumitomo Chemical Company, Ltd. | 151,400 | 722,818 | |||
Symrise AG | 12,969 | 1,542,618 | |||
The Mosaic Company | 32,247 | 1,690,710 | |||
The Sherwin-Williams Company | 22,161 | 5,831,224 | |||
Toray Industries, Inc. | 140,900 | 803,509 | |||
Tosoh Corp. | 27,000 | 418,988 | |||
Umicore SA | 22,820 | 933,559 | |||
Yara International ASA | 23,115 | 1,177,245 | |||
135,035,653 | |||||
Construction materials – 0.3% | |||||
Anhui Conch Cement Company, Ltd., H Shares | 141,110 | 757,270 | |||
Asia Cement Corp. | 259,687 | 419,721 | |||
Cemex SAB de CV, Series CPO (B) | 2,894,688 | 1,486,847 | |||
China National Building Material Company, Ltd., H Shares | 468,900 | 601,518 | |||
China Resources Cement Holdings, Ltd. | 277,900 | 237,796 | |||
CRH PLC | 93,450 | 4,248,071 | |||
HeidelbergCement AG | 15,060 | 977,197 | |||
Holcim, Ltd. (B) | 56,388 | 2,838,460 | |||
Indocement Tunggal Prakarsa Tbk PT | 194,820 | 149,248 | |||
James Hardie Industries PLC, CHESS Depositary Interest | 44,070 | 1,438,755 | |||
Martin Marietta Materials, Inc. | 5,909 | 2,241,875 | |||
POSCO Chemical Company, Ltd. | 3,719 | 356,240 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Construction materials (continued) | |||||
Semen Indonesia Persero Tbk PT | 396,892 | $ | 200,482 | ||
Taiwan Cement Corp. | 618,544 | 1,050,054 | |||
The Siam Cement PCL, NVDR | 98,900 | 1,190,225 | |||
Vulcan Materials Company | 12,336 | 2,238,367 | |||
20,432,126 | |||||
Containers and packaging – 0.2% | |||||
Amcor PLC | 140,166 | 1,630,131 | |||
Avery Dennison Corp. | 7,659 | 1,349,516 | |||
Ball Corp. | 29,607 | 2,656,932 | |||
CCL Industries, Inc., Class B | 22,680 | 1,022,434 | |||
International Paper Company | 35,216 | 1,532,952 | |||
Klabin SA | 74,942 | 336,612 | |||
Packaging Corp. of America | 8,693 | 1,279,523 | |||
SCG Packaging PCL, NVDR | 154,700 | 290,977 | |||
Sealed Air Corp. | 13,579 | 911,558 | |||
Smurfit Kappa Group PLC | 29,366 | 1,466,603 | |||
Westrock Company | 24,267 | 1,098,567 | |||
13,575,805 | |||||
Metals and mining – 1.9% | |||||
1911 Gold Corp. (B) | 1,073 | 275 | |||
African Rainbow Minerals, Ltd. | 12,843 | 229,224 | |||
Agnico Eagle Mines, Ltd. | 65,283 | 3,297,886 | |||
Aluminum Corp. of China, Ltd., H Shares (B) | 448,880 | 317,279 | |||
Aneka Tambang Tbk | 1,108,000 | 172,625 | |||
Anglo American Platinum, Ltd. | 5,851 | 912,359 | |||
Anglo American PLC | 131,440 | 6,672,122 | |||
AngloGold Ashanti, Ltd. | 46,102 | 1,078,644 | |||
Antofagasta PLC | 39,690 | 803,637 | |||
ArcelorMittal SA | 82,848 | 2,570,659 | |||
Barrick Gold Corp. | 253,985 | 5,740,963 | |||
BHP Group, Ltd. | 503,173 | 17,181,426 | |||
BlueScope Steel, Ltd. | 50,899 | 753,705 | |||
Boliden AB | 28,628 | 1,273,386 | |||
China Hongqiao Group, Ltd. | 261,300 | 365,822 | |||
China Molybdenum Company, Ltd., H Shares | 379,500 | 228,422 | |||
China Steel Corp. | 1,402,958 | 1,824,343 | |||
Cia de Minas Buenaventura SAA, ADR (B) | 38,600 | 382,140 | |||
Cia Siderurgica Nacional SA | 73,266 | 360,596 | |||
Eregli Demir ve Celik Fabrikalari TAS | 128,035 | 288,157 | |||
Evolution Mining, Ltd. | 177,346 | 548,387 | |||
First Quantum Minerals, Ltd. | 84,279 | 2,471,519 | |||
Fortescue Metals Group, Ltd. | 168,210 | 2,240,950 | |||
Franco-Nevada Corp. | 27,426 | 4,038,925 | |||
Freeport-McMoRan, Inc. | 129,703 | 6,089,556 | |||
Ganfeng Lithium Company, Ltd., H Shares (A) | 29,600 | 502,377 | |||
Glencore PLC (B) | 1,014,527 | 5,965,424 | |||
Gold Fields, Ltd. | 98,035 | 1,365,016 | |||
Grupo Mexico SAB de CV, Series B | 594,900 | 3,038,838 | |||
Harmony Gold Mining Company, Ltd. | 59,830 | 255,509 | |||
Hitachi Metals, Ltd. (B) | 20,800 | 370,770 | |||
Hyundai Steel Company | 10,592 | 353,252 | |||
Impala Platinum Holdings, Ltd. | 91,357 | 1,742,578 | |||
Industrias Penoles SAB de CV | 25,665 | 322,413 | |||
Ivanhoe Mines, Ltd., Class A (B) | 87,401 | 889,525 | |||
JFE Holdings, Inc. | 49,700 | 739,912 | |||
Jiangxi Copper Company, Ltd., H Shares | 126,825 | 228,285 | |||
KGHM Polska Miedz SA | 16,396 | 643,821 | |||
Kinross Gold Corp. | 184,535 | 920,127 | |||
Korea Zinc Company, Ltd. | 1,016 | 465,979 | |||
Kumba Iron Ore, Ltd. | 7,134 | 281,998 | |||
Lundin Mining Corp. | 96,492 | 931,043 |
The accompanying notes are an integral part of the financial statements. | 71 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Metals and mining (continued) | |||||
Merdeka Copper Gold Tbk PT (B) | 1,485,600 | $ | 402,264 | ||
MMG, Ltd. (B) | 340,000 | 123,158 | |||
Newcrest Mining, Ltd. | 80,637 | 1,495,881 | |||
Newmont Corp. | 73,040 | 4,835,248 | |||
Nippon Steel Corp. | 86,378 | 1,581,492 | |||
Norsk Hydro ASA | 188,420 | 1,789,252 | |||
Northam Platinum Holdings, Ltd. (B) | 39,474 | 634,174 | |||
Northern Star Resources, Ltd. | 108,192 | 806,353 | |||
Nucor Corp. | 25,791 | 3,394,611 | |||
Pan American Silver Corp. | 30,501 | 721,436 | |||
Pan American Silver Corp., CVR (B) | 19,559 | 14,963 | |||
POSCO | 8,929 | 2,124,421 | |||
Press Metal Aluminium Holdings BHD | 348,200 | 567,646 | |||
Rio Tinto PLC | 114,343 | 8,940,711 | |||
Rio Tinto, Ltd. | 37,044 | 3,194,564 | |||
Shandong Gold Mining Company, Ltd., H Shares (A)(C) | 69,750 | 130,976 | |||
Sibanye Stillwater, Ltd. | 308,023 | 1,453,137 | |||
South32, Ltd. | 462,501 | 1,623,384 | |||
Southern Copper Corp. | 15,700 | 1,089,423 | |||
Sumitomo Metal Mining Company, Ltd. | 24,900 | 1,242,073 | |||
Teck Resources, Ltd., Class B | 67,639 | 2,435,538 | |||
Vale SA | 434,489 | 8,061,369 | |||
voestalpine AG | 16,677 | 551,192 | |||
Wheaton Precious Metals Corp. | 64,737 | 2,836,681 | |||
Zijin Mining Group Company, Ltd., H Shares | 648,329 | 962,238 | |||
129,872,059 | |||||
Paper and forest products – 0.1% | |||||
Empresas CMPC SA | 156,916 | 259,446 | |||
Indah Kiat Pulp & Paper Tbk PT | 368,600 | 208,302 | |||
Lee & Man Paper Manufacturing, Ltd. | 152,500 | 98,035 | |||
Mondi PLC | 49,410 | 1,036,694 | |||
Nine Dragons Paper Holdings, Ltd. | 192,200 | 184,121 | |||
Oji Holdings Corp. | 81,800 | 417,928 | |||
Stora Enso OYJ, R Shares | 45,240 | 861,553 | |||
Suzano SA | 78,967 | 851,183 | |||
Svenska Cellulosa AB SCA, B Shares | 63,499 | 1,036,020 | |||
UPM-Kymmene OYJ | 41,349 | 1,428,741 | |||
West Fraser Timber Company, Ltd. | 13,846 | 1,382,088 | |||
7,764,111 | |||||
306,679,754 | |||||
Real estate – 2.3% | |||||
Equity real estate investment trusts – 1.7% | |||||
Alexandria Real Estate Equities, Inc. | 13,642 | 2,583,795 | |||
American Tower Corp. | 43,961 | 9,973,432 | |||
Ascendas Real Estate Investment Trust | 328,900 | 674,390 | |||
AvalonBay Communities, Inc. | 13,497 | 3,220,249 | |||
Boston Properties, Inc. | 13,528 | 1,654,610 | |||
Canadian Apartment Properties REIT | 13,676 | 569,267 | |||
CapitaLand Integrated Commercial Trust | 476,153 | 745,187 | |||
Covivio | 6,182 | 505,752 | |||
Crown Castle International Corp. | 41,766 | 6,957,798 | |||
Daiwa House REIT Investment Corp. | 215 | 583,085 | |||
Dexus | 107,091 | 847,730 | |||
Digital Realty Trust, Inc. | 27,719 | 3,739,847 | |||
Duke Realty Corp. | 37,093 | 1,965,929 | |||
Equinix, Inc. | 8,787 | 6,236,398 | |||
Equity Residential | 33,106 | 2,823,942 | |||
Essex Property Trust, Inc. | 6,275 | 1,990,242 | |||
Extra Space Storage, Inc. | 12,976 | 2,441,434 | |||
Federal Realty Investment Trust | 6,731 | 791,431 | |||
Fibra Uno Administracion SA de CV | 604,000 | 677,108 | |||
First Capital Real Estate Investment Trust | 1,590 | 22,768 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Equity real estate investment trusts (continued) | |||||
Gecina SA | 5,499 | $ | 698,819 | ||
GLP J-REIT | 424 | 633,036 | |||
Goodman Group | 165,640 | 2,679,997 | |||
Growthpoint Properties, Ltd. | 377,978 | 329,713 | |||
Healthpeak Properties, Inc. | 52,409 | 1,627,824 | |||
Host Hotels & Resorts, Inc. (B) | 67,908 | 1,240,679 | |||
Iron Mountain, Inc. | 27,872 | 1,370,745 | |||
Japan Metropolitan Fund Investment Corp. | 700 | 566,540 | |||
Japan Real Estate Investment Corp. | 124 | 662,377 | |||
Kimco Realty Corp. | 58,791 | 1,383,352 | |||
Klepierre SA (B) | 24,743 | 707,267 | |||
Land Securities Group PLC | 70,255 | 744,472 | |||
Link REIT | 204,425 | 1,651,917 | |||
Mapletree Commercial Trust | 211,100 | 283,091 | |||
Mapletree Logistics Trust | 302,300 | 393,029 | |||
Mid-America Apartment Communities, Inc. | 11,149 | 2,281,197 | |||
Mirvac Group | 394,258 | 735,257 | |||
Nippon Building Fund, Inc. | 148 | 848,087 | |||
Nippon Prologis REIT, Inc. | 204 | 599,770 | |||
Nomura Real Estate Master Fund, Inc. | 423 | 557,836 | |||
Orix JREIT, Inc. | 261 | 365,144 | |||
Prologis, Inc. | 71,830 | 10,476,406 | |||
Public Storage | 14,806 | 5,256,426 | |||
Realty Income Corp. | 54,440 | 3,597,940 | |||
Regency Centers Corp. | 14,910 | 982,420 | |||
RioCan Real Estate Investment Trust | 25,698 | 509,297 | |||
SBA Communications Corp. | 10,529 | 3,194,393 | |||
Scentre Group | 514,130 | 1,142,192 | |||
Segro PLC | 121,769 | 2,117,690 | |||
Simon Property Group, Inc. | 31,020 | 4,267,111 | |||
SmartCentres Real Estate Investment Trust | 1,565 | 39,276 | |||
Stockland | 238,876 | 722,813 | |||
The British Land Company PLC | 87,382 | 617,504 | |||
The GPT Group | 190,697 | 680,421 | |||
UDR, Inc. | 27,962 | 1,534,275 | |||
Unibail-Rodamco-Westfield (B) | 7,759 | 591,436 | |||
Unibail-Rodamco-Westfield (Euronext Amsterdam Exchange) (B) | 7,490 | 570,931 | |||
Ventas, Inc. | 38,433 | 2,075,382 | |||
Vicinity Centres | 383,811 | 499,776 | |||
Vornado Realty Trust | 15,144 | 655,432 | |||
Welltower, Inc. | 41,827 | 3,483,771 | |||
Weyerhaeuser Company | 72,228 | 2,808,225 | |||
115,187,660 | |||||
Real estate management and development – 0.6% | |||||
Agile Group Holdings, Ltd. | 144,600 | 65,883 | |||
A-Living Smart City Services Company, Ltd. (A) | 64,750 | 116,066 | |||
Aroundtown SA | 100,572 | 620,141 | |||
Ayala Land, Inc. | 837,470 | 638,434 | |||
Azrieli Group, Ltd. | 4,967 | 423,744 | |||
CapitaLand Investment, Ltd. (B) | 257,600 | 705,891 | |||
CBRE Group, Inc., Class A (B) | 32,325 | 3,130,676 | |||
Central Pattana PCL, NVDR | 254,900 | 433,466 | |||
China Evergrande Group (C) | 447,035 | 91,494 | |||
China Jinmao Holdings Group, Ltd. | 636,400 | 211,631 | |||
China Overseas Land & Investment, Ltd. | 439,797 | 1,342,774 | |||
China Overseas Property Holdings, Ltd. | 145,000 | 157,431 | |||
China Resources Land, Ltd. | 366,705 | 1,783,762 | |||
China Resources Mixc Lifestyle Services, Ltd. (A) | 64,200 | 330,223 | |||
China Vanke Company, Ltd., H Shares | 194,000 | 460,785 | |||
CIFI Ever Sunshine Services Group, Ltd. | 88,000 | 160,034 | |||
CIFI Holdings Group Company, Ltd. | 404,700 | 281,959 | |||
City Developments, Ltd. | 37,900 | 200,548 |
The accompanying notes are an integral part of the financial statements. | 72 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Real estate management and development (continued) | |||||
CK Asset Holdings, Ltd. | 197,698 | $ | 1,248,669 | ||
Country Garden Holdings Company, Ltd. | 909,167 | 706,361 | |||
Country Garden Services Holdings Company, Ltd. | 202,400 | 1,210,748 | |||
Daito Trust Construction Company, Ltd. | 6,600 | 730,223 | |||
Daiwa House Industry Company, Ltd. | 57,300 | 1,625,044 | |||
Dalian Wanda Commercial Properties Company, Ltd., H Shares (A)(B) | 37,400 | 252,696 | |||
ESR Cayman, Ltd. (A)(B) | 195,600 | 603,431 | |||
Fastighets AB Balder, B Shares (B) | 11,015 | 686,665 | |||
FirstService Corp. | 5,818 | 828,245 | |||
Greentown China Holdings, Ltd. | 97,500 | 146,453 | |||
Greentown Service Group Company, Ltd. | 163,000 | 163,737 | |||
Guangzhou R&F Properties Company, Ltd., H Shares (C) | 205,000 | 87,269 | |||
Hang Lung Properties, Ltd. | 197,000 | 413,286 | |||
Henderson Land Development Company, Ltd. | 141,376 | 587,776 | |||
Hongkong Land Holdings, Ltd. | 112,600 | 609,774 | |||
Hopson Development Holdings, Ltd. (C) | 82,960 | 170,778 | |||
Hulic Company, Ltd. | 37,500 | 341,627 | |||
Jinmao Property Services Company, Ltd. (B)(D) | 9,311 | 2,366 | |||
KE Holdings, Inc., ADR (B) | 40,900 | 793,869 | |||
KWG Group Holdings, Ltd. | 157,500 | 73,745 | |||
Land & Houses PCL, NVDR | 1,058,300 | 311,671 | |||
LEG Immobilien SE | 7,399 | 951,439 | |||
Lendlease Corp., Ltd. | 68,145 | 525,723 | |||
Logan Group Company, Ltd. | 163,500 | 54,326 | |||
Longfor Group Holdings, Ltd. (A) | 207,300 | 1,108,542 | |||
Mitsubishi Estate Company, Ltd. | 119,300 | 1,821,505 | |||
Mitsui Fudosan Company, Ltd. | 92,604 | 2,061,000 | |||
NEPI Rockcastle PLC | 47,027 | 300,555 | |||
New World Development Company, Ltd. | 148,064 | 592,203 | |||
Nomura Real Estate Holdings, Inc. | 12,000 | 298,783 | |||
Powerlong Real Estate Holdings, Ltd. | 169,000 | 81,005 | |||
Ruentex Development Company, Ltd. | 137,068 | 353,913 | |||
Sagax AB, Class B | 16,807 | 457,006 | |||
Seazen Group, Ltd. (B) | 248,800 | 131,281 | |||
Shanghai Lujiazui Finance & Trade Zone Development Company, Ltd., B Shares | 110,351 | 98,458 | |||
Shimao Group Holdings, Ltd. (C) | 148,700 | 89,235 | |||
Shimao Services Holdings, Ltd. (A)(C) | 67,000 | 48,965 | |||
Sino Land Company, Ltd. | 326,075 | 411,571 | |||
SM Prime Holdings, Inc. | 1,039,400 | 811,243 | |||
Sumitomo Realty & Development Company, Ltd. | 31,183 | 917,352 | |||
Sun Hung Kai Properties, Ltd. | 130,000 | 1,511,351 | |||
Sunac China Holdings, Ltd. | 377,700 | 308,732 | |||
Sunac Services Holdings, Ltd. (A) | 124,000 | 105,979 | |||
Swire Pacific, Ltd., Class A | 48,500 | 268,021 | |||
Swire Properties, Ltd. | 112,400 | 292,298 | |||
Swiss Prime Site AG | 7,935 | 777,578 | |||
The Wharf Holdings, Ltd. | 155,125 | 561,241 | |||
UOL Group, Ltd. | 44,800 | 232,174 | |||
Vonovia SE | 74,975 | 3,979,899 | |||
Wharf Real Estate Investment Company, Ltd. | 164,125 | 736,804 | |||
Yuexiu Property Company, Ltd. | 154,900 | 154,942 | |||
42,792,499 | |||||
157,980,159 | |||||
Utilities – 2.5% | |||||
Electric utilities – 1.4% | |||||
Alliant Energy Corp. | 22,384 | 1,307,226 | |||
American Electric Power Company, Inc. | 45,073 | 4,085,867 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Electric utilities (continued) | |||||
Centrais Eletricas Brasileiras SA | 31,000 | $ | 209,211 | ||
CEZ AS | 16,720 | 636,113 | |||
Chubu Electric Power Company, Inc. | 63,700 | 636,278 | |||
CK Infrastructure Holdings, Ltd. | 63,500 | 394,208 | |||
CLP Holdings, Ltd. | 161,500 | 1,645,247 | |||
Constellation Energy Corp. | 29,268 | 1,345,743 | |||
Duke Energy Corp. | 69,329 | 6,961,325 | |||
Edison International | 33,877 | 2,148,479 | |||
EDP - Energias de Portugal SA | 276,246 | 1,348,759 | |||
Electricite de France SA (C) | 58,763 | 531,249 | |||
Elia Group SA/NV | 3,399 | 489,330 | |||
Emera, Inc. | 38,089 | 1,781,994 | |||
Endesa SA | 34,098 | 749,522 | |||
Enel Americas SA | 2,945,601 | 344,905 | |||
Enel Chile SA | 3,864,340 | 126,916 | |||
Enel SpA | 1,574,709 | 11,603,933 | |||
Energisa SA | 18,300 | 156,148 | |||
Entergy Corp. | 18,235 | 1,918,504 | |||
Equatorial Energia SA | 106,890 | 528,602 | |||
Evergy, Inc. | 20,507 | 1,279,842 | |||
Eversource Energy | 30,973 | 2,533,590 | |||
Exelon Corp. | 86,671 | 3,688,718 | |||
FirstEnergy Corp. | 48,628 | 2,035,082 | |||
Fortis, Inc. | 69,160 | 3,169,083 | |||
Fortum OYJ | 34,255 | 716,882 | |||
HK Electric Investments, Ltd. | 224,000 | 221,011 | |||
Hydro One, Ltd. (A) | 49,621 | 1,225,355 | |||
Iberdrola SA | 629,751 | 7,144,893 | |||
Interconexion Electrica SA ESP | 151,643 | 935,972 | |||
Korea Electric Power Corp. | 30,002 | 581,418 | |||
Manila Electric Company | 22,540 | 162,191 | |||
Mercury NZ, Ltd. | 116,623 | 454,283 | |||
NextEra Energy, Inc. | 175,109 | 13,705,781 | |||
NRG Energy, Inc. | 21,727 | 822,150 | |||
Origin Energy, Ltd. | 172,488 | 716,284 | |||
Orsted A/S (A) | 19,181 | 2,482,292 | |||
PGE Polska Grupa Energetyczna SA (B) | 98,610 | 191,287 | |||
Pinnacle West Capital Corp. | 10,081 | 714,037 | |||
Power Assets Holdings, Ltd. | 134,500 | 847,690 | |||
PPL Corp. | 66,992 | 1,753,181 | |||
Red Electrica Corp. SA | 45,596 | 903,278 | |||
SSE PLC | 105,792 | 2,400,920 | |||
Tenaga Nasional BHD | 249,136 | 544,609 | |||
Terna - Rete Elettrica Nazionale | 268,326 | 2,198,339 | |||
The Kansai Electric Power Company, Inc. | 69,900 | 704,785 | |||
The Southern Company | 94,686 | 6,132,812 | |||
Tokyo Electric Power Company Holdings, Inc. (B) | 154,300 | 484,346 | |||
Verbund AG | 9,728 | 1,173,358 | |||
Xcel Energy, Inc. | 48,575 | 3,270,555 | |||
102,143,583 | |||||
Gas utilities – 0.2% | |||||
AltaGas, Ltd. | 42,134 | 928,111 | |||
APA Group | 115,355 | 843,300 | |||
Atmos Energy Corp. | 11,856 | 1,301,907 | |||
Beijing Enterprises Holdings, Ltd. | 58,714 | 200,714 | |||
China Gas Holdings, Ltd. | 353,000 | 557,871 | |||
China Resources Gas Group, Ltd. | 104,100 | 478,130 | |||
Enagas SA | 25,869 | 546,705 | |||
ENN Energy Holdings, Ltd. | 90,100 | 1,304,864 | |||
Hong Kong & China Gas Company, Ltd. | 1,094,124 | 1,654,585 | |||
Kunlun Energy Company, Ltd. | 444,490 | 437,237 | |||
Naturgy Energy Group SA (C) | 20,490 | 549,739 | |||
Osaka Gas Company, Ltd. | 36,400 | 666,166 | |||
Petronas Gas BHD | 83,099 | 344,977 |
The accompanying notes are an integral part of the financial statements. | 73 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Gas utilities (continued) | |||||
Snam SpA | 385,005 | $ | 2,139,186 | ||
Tokyo Gas Company, Ltd. | 37,400 | 761,775 | |||
12,715,267 | |||||
Independent power and renewable electricity producers – 0.1% | |||||
AC Energy Corp. | 764,100 | 126,965 | |||
B. Grimm Power PCL, NVDR | 96,100 | 101,958 | |||
Brookfield Renewable Corp., Class A | 18,875 | 707,347 | |||
CGN Power Company, Ltd., H Shares (A) | 1,163,000 | 329,723 | |||
China Common Rich Renewable Energy Investments, Ltd. (B)(D) | 1,136,000 | 31,254 | |||
China Longyuan Power Group Corp., Ltd., H Shares | 381,300 | 786,847 | |||
China Power International Development, Ltd. | 610,900 | 346,281 | |||
China Resources Power Holdings Company, Ltd. | 220,332 | 492,127 | |||
EDP Renovaveis SA | 28,751 | 698,856 | |||
Electricity Generating PCL, NVDR | 33,400 | 183,980 | |||
Energy Absolute PCL, NVDR | 186,400 | 544,780 | |||
Engie Brasil Energia SA | 19,483 | 150,938 | |||
Global Power Synergy PCL, NVDR | 87,800 | 202,676 | |||
Gulf Energy Development PCL | 40,600 | 63,122 | |||
Gulf Energy Development PCL, NVDR | 322,900 | 502,023 | |||
Huaneng Power International, Inc., H Shares | 403,864 | 237,074 | |||
Meridian Energy, Ltd. | 220,504 | 748,631 | |||
Northland Power, Inc. | 33,458 | 1,063,793 | |||
Ratch Group PCL, NVDR | 101,900 | 143,702 | |||
The AES Corp. | 59,016 | 1,252,910 | |||
Uniper SE | 8,630 | 276,084 | |||
8,991,071 | |||||
Multi-utilities – 0.7% | |||||
Algonquin Power & Utilities Corp. | 101,324 | 1,466,100 | |||
Ameren Corp. | 23,013 | 1,977,967 | |||
Atco, Ltd., Class I | 1,913 | 62,831 | |||
Canadian Utilities, Ltd., Class A | 20,726 | 577,221 | |||
CenterPoint Energy, Inc. | 56,146 | 1,535,593 | |||
CMS Energy Corp. | 26,152 | 1,673,990 | |||
Consolidated Edison, Inc. | 31,655 | 2,715,049 | |||
Dominion Energy, Inc. | 72,502 | 5,766,084 | |||
DTE Energy Company | 17,396 | 2,115,180 | |||
E.ON SE | 225,640 | 3,069,052 | |||
Engie SA | 224,059 | 3,569,808 | |||
National Grid PLC | 366,519 | 5,541,536 | |||
NiSource, Inc. | 34,952 | 1,011,161 | |||
Public Service Enterprise Group, Inc. | 45,184 | 2,929,279 | |||
RWE AG | 64,978 | 3,008,669 | |||
Sempra Energy | 28,394 | 4,094,983 | |||
Veolia Environnement SA | 80,210 | 2,796,657 | |||
WEC Energy Group, Inc. | 28,171 | 2,560,180 | |||
46,471,340 | |||||
Water utilities – 0.1% | |||||
American Water Works Company, Inc. | 16,389 | 2,476,214 | |||
Beijing Enterprises Water Group, Ltd. | 495,700 | 195,843 | |||
Cia de Saneamento Basico do Estado de Sao Paulo | 35,998 | 288,856 | |||
Guangdong Investment, Ltd. | 333,980 | 449,435 | |||
Severn Trent PLC | 24,407 | 939,010 | |||
United Utilities Group PLC | 67,485 | 968,589 | |||
5,317,947 | |||||
175,639,208 | |||||
TOTAL COMMON STOCKS (Cost $5,836,530,568) | $ | 6,449,941,013 |
Shares or Principal Amount | Value | ||||
PREFERRED SECURITIES – 0.4% | |||||
Consumer discretionary – 0.1% | |||||
Automobiles – 0.1% | |||||
Bayerische Motoren Werke AG | 5,852 | $ | 473,240 | ||
Hyundai Motor Company | 2,802 | 205,518 | |||
Hyundai Motor Company, 2nd Preferred | 4,378 | 323,865 | |||
Porsche Automobil Holding SE | 15,640 | 1,561,002 | |||
Volkswagen AG | 19,023 | 3,739,495 | |||
6,303,120 | |||||
Textiles, apparel and luxury goods – 0.0% | |||||
Alpargatas SA | 20,100 | 100,081 | |||
6,403,201 | |||||
Consumer staples – 0.0% | |||||
Household products – 0.0% | |||||
Henkel AG & Company KGaA | 18,522 | 1,470,048 | |||
Personal products – 0.0% | |||||
LG Household & Health Care, Ltd. | 231 | 101,249 | |||
1,571,297 | |||||
Energy – 0.1% | |||||
Oil, gas and consumable fuels – 0.1% | |||||
Petroleo Brasileiro SA | 509,033 | 3,346,106 | |||
Financials – 0.1% | |||||
Banks – 0.1% | |||||
Banco Bradesco SA | 520,398 | 2,038,563 | |||
Bancolombia SA | 153,123 | 1,353,486 | |||
Itau Unibanco Holding SA | 512,967 | 2,518,234 | |||
Itausa SA | 492,651 | 954,077 | |||
6,864,360 | |||||
Insurance – 0.0% | |||||
China Development Financial Holding Corp. (B) | 182,972 | 60,828 | |||
6,925,188 | |||||
Health care – 0.0% | |||||
Health care equipment and supplies – 0.0% | |||||
Sartorius AG | 2,658 | 1,173,542 | |||
Information technology – 0.1% | |||||
Technology hardware, storage and peripherals – 0.1% | |||||
Samsung Electronics Company, Ltd. | 98,572 | 5,447,826 | |||
Materials – 0.0% | |||||
Chemicals – 0.0% | |||||
Braskem SA, A Shares | 20,300 | 190,223 | |||
Fuchs Petrolub SE | 6,917 | 273,295 | |||
LG Chem, Ltd. | 915 | 207,384 | |||
Sociedad Quimica y Minera de Chile SA, B Shares | 18,452 | 1,225,432 | |||
1,896,334 | |||||
Metals and mining – 0.0% | |||||
Gerdau SA | 121,683 | 603,525 | |||
2,499,859 | |||||
Utilities – 0.0% | |||||
Electric utilities – 0.0% | |||||
Centrais Eletricas Brasileiras SA, B Shares | 29,879 | 198,449 | |||
Cia Energetica de Minas Gerais | 113,859 | 279,782 | |||
478,231 | |||||
TOTAL PREFERRED SECURITIES (Cost $26,133,778) | $ | 27,845,250 | |||
EXCHANGE-TRADED FUNDS – 2.7% | |||||
iShares MSCI India ETF | 2,343,647 | 102,534,556 | |||
iShares MSCI Russia ETF | 93,508 | 1,685,014 | |||
iShares MSCI Saudi Arabia ETF | 642,481 | 29,933,190 | |||
KraneShares Bosera MSCI China A 50 Connect Index ETF (C) | 413,112 | 16,797,134 |
The accompanying notes are an integral part of the financial statements. | 74 |
Shares or Principal Amount | Value | ||||
EXCHANGE-TRADED FUNDS (continued) | |||||
VanEck Russia ETF (C) | 1,040,234 | $ | 11,286,539 | ||
Xtrackers Harvest CSI 300 China A-Shares ETF (C) | 774,304 | 28,370,499 | |||
TOTAL EXCHANGE-TRADED FUNDS (Cost $175,281,396) | $ | 190,606,932 | |||
RIGHTS – 0.0% | |||||
Americanas SA (Expiration Date: 3-4-22; Strike Price: BRL 23.73) (B) | 1,060 | 1,393 | |||
Samsung Biologics Company, Ltd. (Expiration Date: 4-11-22; Strike Price: KRW 639,000.00) (B) | 131 | 15,267 | |||
TOTAL RIGHTS (Cost $0) | $ | 16,660 | |||
WARRANTS – 0.0% | |||||
BTS Group Holdings PCL (Expiration Date: 11-20-26; Strike Price: THB 14.90) (B) | 185,580 | 3,237 | |||
BTS Group Holdings PCL (Expiration Date: 11-7-24; Strike Price: THB 11.90) (B) | 92,790 | 1,812 | |||
BTS Group Holdings PCL (Expiration Date: 9-5-22; Strike Price: THB 9.90) (B) | 46,395 | 986 | |||
Cie Financiere Richemont SA (Expiration Date: 11-22-23; Strike Price: CHF 67.00) (B) | 119,346 | 105,409 | |||
Minor International PCL (Expiration Date: 2-15-24; Strike Price: THB 31.00) (B) | 9,247 | 927 | |||
Minor International PCL (Expiration Date: 5-5-23; Strike Price: THB 28.00) (B) | 10,203 | 1,351 | |||
Minor International PCL (Expiration Date: 7-31-23; Strike Price: THB 21.60) (B) | 20,359 | 5,921 | |||
Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (B) | 439 | 6,146 | |||
Srisawad Corp. PCL (Expiration Date: 8-29-25; Strike Price: THB 100.00) (B) | 4,236 | 1,121 | |||
Whiting Petroleum Corp., Class A (Expiration Date: 9-1-24; Strike Price: $73.44) (B) | 701 | 12,863 | |||
Whiting Petroleum Corp., Class B (Expiration Date: 9-1-25; Strike Price: $83.45) (B) | 350 | 5,352 | |||
TOTAL WARRANTS (Cost $11,112) | $ | 145,125 | |||
SHORT-TERM INVESTMENTS – 4.9% | |||||
U.S. Government Agency – 3.6% | |||||
Federal Farm Credit Bank Discount Note 0.030%, 03/04/2022 * | $ | 32,330,000 | 32,329,785 | ||
Federal Home Loan Bank Discount Note | |||||
0.010%, 03/01/2022 * | 23,500,000 | 23,500,000 |
Shares or Principal Amount | Value | ||||
SHORT-TERM INVESTMENTS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal Home Loan Bank Discount Note (continued) | |||||
0.015%, 03/08/2022 * | $ | 43,000,000 | $ | 42,999,331 | |
0.050%, 03/21/2022 * | 42,000,000 | 41,998,134 | |||
0.100%, 03/25/2022 * | 80,000,000 | 79,995,735 | |||
0.100%, 04/08/2022 * | 21,000,000 | 20,995,793 | |||
Federal National Mortgage Association Discount Note 0.047%, 03/16/2022 * | 7,667,000 | 7,666,745 | |||
249,485,523 | |||||
Short-term funds – 1.0% | |||||
John Hancock Collateral Trust, 0.0896% (E)(F) | 7,178,389 | 71,794,663 | |||
Repurchase agreement – 0.3% | |||||
Repurchase Agreement with State Street Corp. dated 2-28-22 at 0.000% to be repurchased at $20,426,000 on 3-1-22, collateralized by $21,186,400 U.S. Treasury Notes, 0.125% due 7-15-23 (valued at $20,834,577) | $ | 20,426,000 | 20,426,000 | ||
TOTAL SHORT-TERM INVESTMENTS (Cost $341,713,737) | $ | 341,706,186 | |||
Total Investments (Strategic Equity Allocation Fund) (Cost $6,379,670,591) – 100.4% | $ | 7,010,261,166 | |||
Other assets and liabilities, net – (0.4%) | (26,279,096) | ||||
TOTAL NET ASSETS – 100.0% | $ | 6,983,982,070 |
Currency Abbreviations | |
BRL | Brazilian Real |
CHF | Swiss Franc |
KRW | Korean Won |
THB | Thai Bhat |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
CVR | Contingent Value Right |
NVDR | Non-Voting Depositary Receipt |
(A) | 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. |
(B) | Non-income producing security. |
(C) | All or a portion of this security is on loan as of 2-28-22. |
(D) | 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. |
(E) | The rate shown is the annualized seven-day yield as of 2-28-22. |
(F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
* | 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. |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
Canadian Dollar Currency Futures | 171 | Long | Mar 2022 | $13,437,787 | $13,479,077 | $41,290 |
Mini MSCI EAFE Index Futures | 749 | Long | Mar 2022 | 84,773,865 | 80,884,510 | (3,889,355) |
Mini MSCI Emerging Markets Index Futures | 690 | Long | Mar 2022 | 42,119,155 | 40,554,750 | (1,564,405) |
S&P 500 Index E-Mini Futures | 830 | Long | Mar 2022 | 190,471,655 | 181,272,000 | (9,199,655) |
The accompanying notes are an integral part of the financial statements. | 75 |
FUTURES (continued)
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P/TSX 60 Index Futures | 67 | Long | Mar 2022 | $13,476,173 | $13,483,519 | $7,346 |
$(14,604,779) |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 96.4% | |||||
Communication services – 8.7% | |||||
Diversified telecommunication services – 1.0% | |||||
AT&T, Inc. | 178,822 | $ | 4,236,293 | ||
Lumen Technologies, Inc. | 27,496 | 284,859 | |||
Verizon Communications, Inc. | 104,444 | 5,605,509 | |||
10,126,661 | |||||
Entertainment – 1.5% | |||||
Activision Blizzard, Inc. | 21,517 | 1,753,636 | |||
Electronic Arts, Inc. | 7,855 | 1,021,857 | |||
Live Nation Entertainment, Inc. (A) | 3,697 | 446,672 | |||
Netflix, Inc. (A) | 12,610 | 4,974,897 | |||
Take-Two Interactive Software, Inc. (A) | 3,120 | 505,440 | |||
The Walt Disney Company (A) | 47,766 | 7,091,340 | |||
15,793,842 | |||||
Interactive media and services – 5.1% | |||||
Alphabet, Inc., Class A (A) | 7,696 | 20,787,973 | |||
Alphabet, Inc., Class C (A) | 7,151 | 19,292,111 | |||
Match Group, Inc. (A) | 7,326 | 816,776 | |||
Meta Platforms, Inc., Class A (A) | 60,169 | 12,697,464 | |||
Twitter, Inc. (A) | 20,210 | 718,466 | |||
54,312,790 | |||||
Media – 0.9% | |||||
Charter Communications, Inc., Class A (A) | 3,132 | 1,884,775 | |||
Comcast Corp., Class A | 115,371 | 5,394,748 | |||
Discovery, Inc., Series A (A)(B) | 4,142 | 116,183 | |||
Discovery, Inc., Series C (A) | 7,426 | 207,705 | |||
DISH Network Corp., Class A (A) | 6,165 | 197,033 | |||
Fox Corp., Class A | 7,931 | 331,754 | |||
Fox Corp., Class B | 3,637 | 139,152 | |||
News Corp., Class A | 9,844 | 219,718 | |||
News Corp., Class B | 3,068 | 68,815 | |||
Omnicom Group, Inc. | 5,341 | 448,056 | |||
Paramount Global, Class B | 14,995 | 458,997 | |||
The Interpublic Group of Companies, Inc. | 10,455 | 384,744 | |||
9,851,680 | |||||
Wireless telecommunication services – 0.2% | |||||
T-Mobile US, Inc. (A) | 14,800 | 1,823,508 | |||
91,908,481 | |||||
Consumer discretionary – 10.9% | |||||
Auto components – 0.1% | |||||
Aptiv PLC (A) | 7,126 | 922,389 | |||
BorgWarner, Inc. | 6,289 | 257,912 | |||
1,180,301 | |||||
Automobiles – 2.1% | |||||
Ford Motor Company | 104,134 | 1,828,593 | |||
General Motors Company (A) | 38,358 | 1,792,086 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Automobiles (continued) | |||||
Tesla, Inc. (A) | 21,654 | $ | 18,848,291 | ||
22,468,970 | |||||
Distributors – 0.1% | |||||
Genuine Parts Company | 3,564 | 435,378 | |||
LKQ Corp. | 6,630 | 311,279 | |||
Pool Corp. | 1,001 | 459,039 | |||
1,205,696 | |||||
Hotels, restaurants and leisure – 1.5% | |||||
Booking Holdings, Inc. (A) | 868 | 1,885,513 | |||
Caesars Entertainment, Inc. (A) | 4,450 | 374,646 | |||
Carnival Corp. (A) | 16,750 | 340,528 | |||
Chipotle Mexican Grill, Inc. (A) | 601 | 915,533 | |||
Darden Restaurants, Inc. | 2,698 | 391,804 | |||
Domino's Pizza, Inc. | 776 | 335,395 | |||
Expedia Group, Inc. (A) | 3,052 | 598,528 | |||
Hilton Worldwide Holdings, Inc. (A) | 5,820 | 866,365 | |||
Las Vegas Sands Corp. (A) | 7,240 | 310,306 | |||
Marriott International, Inc., Class A (A) | 5,726 | 974,222 | |||
McDonald's Corp. | 15,822 | 3,872,751 | |||
MGM Resorts International | 8,324 | 368,670 | |||
Norwegian Cruise Line Holdings, Ltd. (A) | 8,004 | 155,998 | |||
Penn National Gaming, Inc. (A) | 3,485 | 178,955 | |||
Royal Caribbean Cruises, Ltd. (A) | 4,663 | 376,397 | |||
Starbucks Corp. | 25,248 | 2,317,514 | |||
Wynn Resorts, Ltd. (A) | 2,204 | 190,690 | |||
Yum! Brands, Inc. | 6,274 | 769,067 | |||
15,222,882 | |||||
Household durables – 0.3% | |||||
D.R. Horton, Inc. | 6,347 | 542,034 | |||
Garmin, Ltd. | 2,917 | 322,153 | |||
Hamilton Beach Brands Holding Company, Class B | 294 | 4,439 | |||
Lennar Corp., A Shares | 5,277 | 474,297 | |||
Mohawk Industries, Inc. (A) | 1,061 | 149,368 | |||
Newell Brands, Inc. | 7,321 | 173,874 | |||
NVR, Inc. (A) | 64 | 317,340 | |||
PulteGroup, Inc. | 4,919 | 244,278 | |||
Whirlpool Corp. | 1,172 | 235,888 | |||
2,463,671 | |||||
Internet and direct marketing retail – 3.9% | |||||
Amazon.com, Inc. (A) | 12,916 | 39,668,394 | |||
eBay, Inc. | 18,602 | 1,015,483 | |||
Etsy, Inc. (A) | 3,764 | 583,006 | |||
41,266,883 | |||||
Leisure products – 0.0% | |||||
Hasbro, Inc. | 2,453 | 238,064 | |||
Multiline retail – 0.6% | |||||
Dollar General Corp. | 8,123 | 1,611,116 | |||
Dollar Tree, Inc. (A) | 7,919 | 1,125,132 |
The accompanying notes are an integral part of the financial statements. | 76 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Multiline retail (continued) | |||||
Target Corp. | 16,922 | $ | 3,380,508 | ||
6,116,756 | |||||
Specialty retail – 1.9% | |||||
Advance Auto Parts, Inc. | 1,670 | 341,482 | |||
AutoZone, Inc. (A) | 558 | 1,039,772 | |||
Bath & Body Works, Inc. | 6,654 | 355,124 | |||
Best Buy Company, Inc. | 5,627 | 543,793 | |||
CarMax, Inc. (A) | 4,199 | 459,077 | |||
Lowe's Companies, Inc. | 17,755 | 3,924,920 | |||
O'Reilly Automotive, Inc. (A) | 1,668 | 1,082,932 | |||
Ross Stores, Inc. | 9,028 | 825,069 | |||
The Home Depot, Inc. | 27,088 | 8,555,203 | |||
The TJX Companies, Inc. | 30,602 | 2,022,792 | |||
Tractor Supply Company | 2,913 | 593,640 | |||
Ulta Beauty, Inc. (A) | 1,367 | 511,942 | |||
20,255,746 | |||||
Textiles, apparel and luxury goods – 0.4% | |||||
NIKE, Inc., Class B | 24,464 | 3,340,559 | |||
PVH Corp. | 1,348 | 131,956 | |||
Ralph Lauren Corp. | 935 | 123,457 | |||
Tapestry, Inc. | 5,145 | 210,431 | |||
Under Armour, Inc., Class A (A) | 3,617 | 64,708 | |||
Under Armour, Inc., Class C (A) | 4,124 | 64,458 | |||
VF Corp. | 6,286 | 364,714 | |||
4,300,283 | |||||
114,719,252 | |||||
Consumer staples – 8.3% | |||||
Beverages – 1.4% | |||||
Brown-Forman Corp., Class B | 4,755 | 310,169 | |||
Constellation Brands, Inc., Class A | 4,253 | 917,032 | |||
Molson Coors Beverage Company, Class B | 4,831 | 252,082 | |||
Monster Beverage Corp. (A) | 9,918 | 837,079 | |||
PepsiCo, Inc. | 36,166 | 5,921,821 | |||
The Coca-Cola Company | 98,974 | 6,160,142 | |||
14,398,325 | |||||
Food and staples retailing – 3.9% | |||||
Costco Wholesale Corp. | 34,917 | 18,130,652 | |||
Sysco Corp. | 39,658 | 3,454,212 | |||
The Kroger Company | 52,887 | 2,475,112 | |||
Walgreens Boots Alliance, Inc. | 56,348 | 2,597,079 | |||
Walmart, Inc. | 111,677 | 15,094,263 | |||
41,751,318 | |||||
Food products – 0.9% | |||||
Archer-Daniels-Midland Company | 14,386 | 1,128,582 | |||
Campbell Soup Company | 5,259 | 236,497 | |||
Conagra Brands, Inc. | 12,448 | 435,307 | |||
General Mills, Inc. | 15,762 | 1,062,832 | |||
Hormel Foods Corp. | 7,350 | 350,154 | |||
Kellogg Company | 6,506 | 415,994 | |||
Lamb Weston Holdings, Inc. | 3,734 | 248,050 | |||
McCormick & Company, Inc. | 6,472 | 615,940 | |||
Mondelez International, Inc., Class A | 36,290 | 2,376,269 | |||
The Hershey Company | 3,748 | 758,070 | |||
The J.M. Smucker Company | 2,834 | 381,882 | |||
The Kraft Heinz Company | 18,417 | 722,315 | |||
Tyson Foods, Inc., Class A | 7,555 | 700,046 | |||
9,431,938 | |||||
Household products – 1.3% | |||||
Church & Dwight Company, Inc. | 6,517 | 637,688 | |||
Colgate-Palmolive Company | 22,541 | 1,734,530 | |||
Kimberly-Clark Corp. | 9,012 | 1,172,912 | |||
The Clorox Company | 3,270 | 476,733 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Household products (continued) | |||||
The Procter & Gamble Company | 64,496 | $ | 10,054,281 | ||
14,076,144 | |||||
Personal products – 0.2% | |||||
The Estee Lauder Companies, Inc., Class A | 6,228 | 1,845,543 | |||
Tobacco – 0.6% | |||||
Altria Group, Inc. | 47,247 | 2,423,299 | |||
Philip Morris International, Inc. | 39,465 | 3,988,728 | |||
6,412,027 | |||||
87,915,295 | |||||
Energy – 4.1% | |||||
Energy equipment and services – 0.3% | |||||
Baker Hughes Company | 27,509 | 808,214 | |||
Halliburton Company | 28,183 | 944,976 | |||
Schlumberger NV | 44,137 | 1,731,936 | |||
3,485,126 | |||||
Oil, gas and consumable fuels – 3.8% | |||||
APA Corp. | 11,442 | 407,678 | |||
Chevron Corp. | 61,607 | 8,871,408 | |||
ConocoPhillips | 41,890 | 3,973,685 | |||
Coterra Energy, Inc. | 25,586 | 596,921 | |||
Devon Energy Corp. | 19,762 | 1,176,827 | |||
Diamondback Energy, Inc. | 5,288 | 730,273 | |||
EOG Resources, Inc. | 18,519 | 2,128,203 | |||
Exxon Mobil Corp. | 135,289 | 10,609,363 | |||
Hess Corp. | 8,755 | 884,780 | |||
Kinder Morgan, Inc. | 62,067 | 1,079,966 | |||
Marathon Oil Corp. | 24,661 | 556,352 | |||
Marathon Petroleum Corp. | 19,474 | 1,516,440 | |||
Occidental Petroleum Corp. | 27,802 | 1,215,781 | |||
ONEOK, Inc. | 14,104 | 920,991 | |||
Phillips 66 | 13,822 | 1,164,365 | |||
Pioneer Natural Resources Company | 7,210 | 1,727,516 | |||
The Williams Companies, Inc. | 38,742 | 1,211,850 | |||
Valero Energy Corp. | 12,891 | �� | 1,076,527 | ||
39,848,926 | |||||
43,334,052 | |||||
Financials – 15.4% | |||||
Banks – 4.9% | |||||
Bank of America Corp. | 235,404 | 10,404,857 | |||
Citigroup, Inc. | 65,134 | 3,857,887 | |||
Citizens Financial Group, Inc. | 13,963 | 731,940 | |||
Comerica, Inc. | 4,244 | 405,260 | |||
Fifth Third Bancorp | 22,307 | 1,067,167 | |||
First Republic Bank | 5,942 | 1,029,511 | |||
Huntington Bancshares, Inc. | 46,921 | 728,214 | |||
JPMorgan Chase & Co. | 97,085 | 13,766,653 | |||
KeyCorp | 30,476 | 764,033 | |||
M&T Bank Corp. | 4,188 | 763,179 | |||
People's United Financial, Inc. | 13,890 | 292,801 | |||
Regions Financial Corp. | 31,107 | 752,478 | |||
Signature Bank | 1,944 | 670,466 | |||
SVB Financial Group (A) | 1,910 | 1,157,460 | |||
The PNC Financial Services Group, Inc. | 13,799 | 2,749,451 | |||
Truist Financial Corp. | 44,052 | 2,740,915 | |||
U.S. Bancorp | 44,404 | 2,510,602 | |||
Wells Fargo & Company | 130,020 | 6,939,167 | |||
Zions Bancorp NA | 5,034 | 356,860 | |||
51,688,901 | |||||
Capital markets – 4.4% | |||||
Ameriprise Financial, Inc. | 4,784 | 1,434,195 | |||
BlackRock, Inc. | 6,158 | 4,580,875 |
The accompanying notes are an integral part of the financial statements. | 77 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Capital markets (continued) | |||||
Cboe Global Markets, Inc. | 4,535 | $ | 531,910 | ||
CME Group, Inc. | 15,664 | 3,705,006 | |||
FactSet Research Systems, Inc. | 1,625 | 659,896 | |||
Franklin Resources, Inc. | 11,656 | 346,533 | |||
Intercontinental Exchange, Inc. | 24,281 | 3,110,882 | |||
Invesco, Ltd. | 14,371 | 305,240 | |||
MarketAxess Holdings, Inc. | 1,644 | 627,071 | |||
Moody's Corp. | 6,887 | 2,217,821 | |||
Morgan Stanley | 61,222 | 5,555,284 | |||
MSCI, Inc. | 3,576 | 1,794,043 | |||
Nasdaq, Inc. | 5,021 | 859,344 | |||
Northern Trust Corp. | 8,788 | 1,000,953 | |||
Raymond James Financial, Inc. | 7,837 | 859,327 | |||
S&P Global, Inc. | 12,810 | 4,812,799 | |||
State Street Corp. | 15,453 | 1,318,604 | |||
T. Rowe Price Group, Inc. | 9,659 | 1,396,305 | |||
The Bank of New York Mellon Corp. | 32,182 | 1,710,473 | |||
The Charles Schwab Corp. | 64,226 | 5,424,528 | |||
The Goldman Sachs Group, Inc. | 14,512 | 4,952,800 | |||
47,203,889 | |||||
Consumer finance – 1.0% | |||||
American Express Company | 26,723 | 5,198,692 | |||
Capital One Financial Corp. | 18,097 | 2,773,727 | |||
Discover Financial Services | 12,363 | 1,526,089 | |||
Synchrony Financial | 23,190 | 992,068 | |||
10,490,576 | |||||
Diversified financial services – 2.4% | |||||
Berkshire Hathaway, Inc., Class B (A) | 78,521 | 25,240,575 | |||
Insurance – 2.7% | |||||
Aflac, Inc. | 22,825 | 1,394,379 | |||
American International Group, Inc. | 31,270 | 1,914,975 | |||
Aon PLC, Class A | 8,450 | 2,468,583 | |||
Arthur J. Gallagher & Company | 7,945 | 1,256,820 | |||
Assurant, Inc. | 2,180 | 369,968 | |||
Brown & Brown, Inc. | 8,931 | 603,825 | |||
Chubb, Ltd. | 16,259 | 3,310,983 | |||
Cincinnati Financial Corp. | 5,673 | 696,588 | |||
Everest Re Group, Ltd. | 1,467 | 437,489 | |||
Globe Life, Inc. | 3,475 | 350,836 | |||
Lincoln National Corp. | 6,293 | 424,274 | |||
Loews Corp. | 7,566 | 464,098 | |||
Marsh & McLennan Companies, Inc. | 19,404 | 3,015,576 | |||
MetLife, Inc. | 26,697 | 1,803,382 | |||
Principal Financial Group, Inc. | 9,266 | 654,550 | |||
Prudential Financial, Inc. | 14,070 | 1,571,056 | |||
The Allstate Corp. | 10,891 | 1,332,623 | |||
The Hartford Financial Services Group, Inc. | 12,810 | 890,039 | |||
The Progressive Corp. | 22,400 | 2,372,832 | |||
The Travelers Companies, Inc. | 9,261 | 1,591,318 | |||
W.R. Berkley Corp. | 5,300 | 478,590 | |||
Willis Towers Watson PLC | 4,730 | 1,051,479 | |||
28,454,263 | |||||
163,078,204 | |||||
Health care – 10.2% | |||||
Biotechnology – 1.3% | |||||
AbbVie, Inc. | 33,975 | 5,020,486 | |||
Amgen, Inc. | 11,011 | 2,493,771 | |||
Biogen, Inc. (A) | 2,871 | 605,810 | |||
Gilead Sciences, Inc. | 24,541 | 1,482,276 | |||
Incyte Corp. (A) | 3,694 | 252,300 | |||
Moderna, Inc. (A) | 6,921 | 1,063,066 | |||
Regeneron Pharmaceuticals, Inc. (A) | 2,040 | 1,261,454 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Biotechnology (continued) | |||||
Vertex Pharmaceuticals, Inc. (A) | 5,016 | $ | 1,153,780 | ||
13,332,943 | |||||
Health care equipment and supplies – 2.6% | |||||
Abbott Laboratories | 44,957 | 5,422,713 | |||
ABIOMED, Inc. (A) | 1,152 | 357,972 | |||
Align Technology, Inc. (A) | 1,866 | 954,384 | |||
Baxter International, Inc. | 12,722 | 1,080,988 | |||
Becton, Dickinson and Company | 7,312 | 1,983,599 | |||
Boston Scientific Corp. (A) | 36,207 | 1,599,263 | |||
Dentsply Sirona, Inc. | 5,424 | 293,655 | |||
DexCom, Inc. (A) | 2,468 | 1,021,530 | |||
Edwards Lifesciences Corp. (A) | 15,853 | 1,781,402 | |||
Hologic, Inc. (A) | 6,450 | 459,047 | |||
IDEXX Laboratories, Inc. (A) | 2,139 | 1,138,697 | |||
Intuitive Surgical, Inc. (A) | 9,005 | 2,614,422 | |||
Medtronic PLC | 33,805 | 3,549,187 | |||
ResMed, Inc. | 3,718 | 917,417 | |||
STERIS PLC | 2,532 | 607,680 | |||
Stryker Corp. | 8,513 | 2,241,899 | |||
Teleflex, Inc. | 1,186 | 398,864 | |||
The Cooper Companies, Inc. | 1,246 | 509,639 | |||
Zimmer Biomet Holdings, Inc. | 5,230 | 665,204 | |||
27,597,562 | |||||
Health care providers and services – 2.6% | |||||
AmerisourceBergen Corp. | 3,780 | 538,763 | |||
Anthem, Inc. | 6,167 | 2,786,559 | |||
Cardinal Health, Inc. | 7,143 | 385,793 | |||
Centene Corp. (A) | 14,766 | 1,219,967 | |||
Cigna Corp. | 8,276 | 1,967,867 | |||
CVS Health Corp. | 32,969 | 3,417,237 | |||
DaVita, Inc. (A) | 1,662 | 187,424 | |||
HCA Healthcare, Inc. | 5,984 | 1,497,855 | |||
Henry Schein, Inc. (A) | 3,487 | 301,207 | |||
Humana, Inc. | 3,234 | 1,404,591 | |||
Laboratory Corp. of America Holdings (A) | 2,377 | 644,785 | |||
McKesson Corp. | 3,865 | 1,062,720 | |||
Quest Diagnostics, Inc. | 3,111 | 408,381 | |||
UnitedHealth Group, Inc. | 24,027 | 11,433,728 | |||
Universal Health Services, Inc., Class B | 1,855 | 266,990 | |||
27,523,867 | |||||
Health care technology – 0.1% | |||||
Cerner Corp. | 7,419 | 691,822 | |||
Life sciences tools and services – 1.2% | |||||
Agilent Technologies, Inc. | 5,924 | 772,253 | |||
Bio-Rad Laboratories, Inc., Class A (A) | 425 | 266,033 | |||
Bio-Techne Corp. | 761 | 319,171 | |||
Charles River Laboratories International, Inc. (A) | 982 | 285,919 | |||
Danaher Corp. | 12,564 | 3,447,687 | |||
Illumina, Inc. (A) | 3,069 | 1,002,335 | |||
IQVIA Holdings, Inc. (A) | 3,701 | 851,674 | |||
Mettler-Toledo International, Inc. (A) | 445 | 626,889 | |||
PerkinElmer, Inc. | 2,486 | 446,510 | |||
Thermo Fisher Scientific, Inc. | 7,726 | 4,202,944 | |||
Waters Corp. (A) | 1,195 | 378,492 | |||
West Pharmaceutical Services, Inc. | 1,452 | 562,040 | |||
13,161,947 | |||||
Pharmaceuticals – 2.4% | |||||
Bristol-Myers Squibb Company | 41,312 | 2,836,895 | |||
Catalent, Inc. (A) | 3,194 | 325,916 | |||
Elanco Animal Health, Inc. (A)(C) | 2,471 | 0 | |||
Eli Lilly & Company | 14,740 | 3,684,263 | |||
Johnson & Johnson | 49,009 | 8,065,411 |
The accompanying notes are an integral part of the financial statements. | 78 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Pharmaceuticals (continued) | |||||
Merck & Company, Inc. | 46,804 | $ | 3,584,250 | ||
Organon & Company | 4,675 | 174,518 | |||
Pfizer, Inc. | 104,597 | 4,909,783 | |||
Viatris, Inc. | 22,218 | 244,620 | |||
Zoetis, Inc. | 8,796 | 1,703,345 | |||
25,529,001 | |||||
107,837,142 | |||||
Industrials – 7.4% | |||||
Aerospace and defense – 1.3% | |||||
General Dynamics Corp. | 5,197 | 1,218,437 | |||
Howmet Aerospace, Inc. | 8,417 | 302,339 | |||
Huntington Ingalls Industries, Inc. | 894 | 182,734 | |||
L3Harris Technologies, Inc. | 4,405 | 1,111,426 | |||
Lockheed Martin Corp. | 5,505 | 2,388,069 | |||
Northrop Grumman Corp. | 3,336 | 1,474,979 | |||
Raytheon Technologies Corp. | 33,251 | 3,414,878 | |||
Textron, Inc. | 4,892 | 357,752 | |||
The Boeing Company (A) | 12,134 | 2,491,596 | |||
TransDigm Group, Inc. (A) | 1,157 | 771,245 | |||
13,713,455 | |||||
Air freight and logistics – 1.0% | |||||
CH Robinson Worldwide, Inc. | 5,753 | 556,200 | |||
Expeditors International of Washington, Inc. | 7,593 | 784,812 | |||
FedEx Corp. | 10,966 | 2,437,413 | |||
United Parcel Service, Inc., Class B | 32,893 | 6,921,345 | |||
10,699,770 | |||||
Airlines – 0.3% | |||||
Alaska Air Group, Inc. (A) | 5,483 | 307,816 | |||
American Airlines Group, Inc. (A) | 28,648 | 494,178 | |||
Delta Air Lines, Inc. (A) | 28,170 | 1,124,546 | |||
Southwest Airlines Company (A) | 26,330 | 1,153,254 | |||
United Airlines Holdings, Inc. (A) | 14,207 | 630,791 | |||
3,710,585 | |||||
Building products – 0.5% | |||||
A.O. Smith Corp. | 4,002 | 274,457 | |||
Allegion PLC | 2,712 | 310,578 | |||
Carrier Global Corp. | 26,121 | 1,172,310 | |||
Fortune Brands Home & Security, Inc. | 4,096 | 355,942 | |||
Johnson Controls International PLC | 21,269 | 1,381,634 | |||
Masco Corp. | 7,366 | 412,791 | |||
Trane Technologies PLC | 7,136 | 1,098,444 | |||
5,006,156 | |||||
Commercial services and supplies – 0.3% | |||||
Cintas Corp. | 1,870 | 701,848 | |||
Copart, Inc. (A) | 4,543 | 558,244 | |||
Republic Services, Inc. | 4,422 | 531,878 | |||
Rollins, Inc. | 4,809 | 156,918 | |||
Waste Management, Inc. | 8,127 | 1,173,539 | |||
3,122,427 | |||||
Construction and engineering – 0.1% | |||||
Quanta Services, Inc. | 7,451 | 811,712 | |||
Electrical equipment – 0.6% | |||||
AMETEK, Inc. | 7,825 | 1,015,607 | |||
Eaton Corp. PLC | 13,579 | 2,095,104 | |||
Emerson Electric Company | 20,377 | 1,893,431 | |||
Generac Holdings, Inc. (A) | 2,151 | 678,576 | |||
Rockwell Automation, Inc. | 3,971 | 1,058,589 | |||
6,741,307 | |||||
Industrial conglomerates – 0.8% | |||||
3M Company | 13,105 | 1,948,058 | |||
General Electric Company | 24,502 | 2,340,186 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Industrial conglomerates (continued) | |||||
Honeywell International, Inc. | 15,577 | $ | 2,955,736 | ||
Roper Technologies, Inc. | 2,412 | 1,081,107 | |||
8,325,087 | |||||
Machinery – 0.7% | |||||
Caterpillar, Inc. | 6,750 | 1,266,165 | |||
Cummins, Inc. | 1,789 | 365,171 | |||
Deere & Company | 3,544 | 1,275,911 | |||
Dover Corp. | 1,834 | 287,681 | |||
Fortive Corp. | 4,551 | 294,677 | |||
IDEX Corp. | 958 | 183,840 | |||
Illinois Tool Works, Inc. | 3,646 | 788,776 | |||
Ingersoll Rand, Inc. | 5,147 | 260,026 | |||
Otis Worldwide Corp. | 5,401 | 423,060 | |||
PACCAR, Inc. | 4,376 | 401,761 | |||
Parker-Hannifin Corp. | 1,640 | 486,080 | |||
Pentair PLC | 2,115 | 122,480 | |||
Snap-on, Inc. | 679 | 142,712 | |||
Stanley Black & Decker, Inc. | 2,061 | 335,325 | |||
Wabtec Corp. | 2,380 | 220,912 | |||
Xylem, Inc. | 2,300 | 204,585 | |||
7,059,162 | |||||
Professional services – 0.2% | |||||
Equifax, Inc. | 2,627 | 573,579 | |||
Jacobs Engineering Group, Inc. | 2,747 | 337,881 | |||
Leidos Holdings, Inc. | 2,943 | 299,715 | |||
Nielsen Holdings PLC | 7,507 | 130,772 | |||
Robert Half International, Inc. | 2,351 | 282,802 | |||
Verisk Analytics, Inc. | 3,463 | 614,128 | |||
2,238,877 | |||||
Road and rail – 1.5% | |||||
CSX Corp. | 99,555 | 3,375,910 | |||
JB Hunt Transport Services, Inc. | 3,753 | 761,596 | |||
Norfolk Southern Corp. | 10,832 | 2,778,625 | |||
Old Dominion Freight Line, Inc. | 4,237 | 1,330,545 | |||
Union Pacific Corp. | 28,767 | 7,075,244 | |||
15,321,920 | |||||
Trading companies and distributors – 0.1% | |||||
Fastenal Company | 11,755 | 604,912 | |||
United Rentals, Inc. (A) | 1,463 | 470,530 | |||
W.W. Grainger, Inc. | 886 | 422,675 | |||
1,498,117 | |||||
78,248,575 | |||||
Information technology – 24.6% | |||||
Communications equipment – 0.8% | |||||
Arista Networks, Inc. (A) | 6,047 | 742,148 | |||
Cisco Systems, Inc. | 115,038 | 6,415,669 | |||
F5, Inc. (A) | 1,645 | 330,398 | |||
Juniper Networks, Inc. | 8,712 | 294,378 | |||
Motorola Solutions, Inc. | 4,769 | 1,051,231 | |||
8,833,824 | |||||
Electronic equipment, instruments and components – 0.6% | |||||
Amphenol Corp., Class A | 16,359 | 1,243,448 | |||
CDW Corp. | 3,789 | 653,451 | |||
Corning, Inc. | 20,786 | 839,754 | |||
IPG Photonics Corp. (A) | 969 | 126,309 | |||
Keysight Technologies, Inc. (A) | 5,019 | 789,840 | |||
TE Connectivity, Ltd. | 8,826 | 1,257,087 | |||
Teledyne Technologies, Inc. (A) | 1,265 | 543,166 | |||
Trimble, Inc. (A) | 6,866 | 478,904 |
The accompanying notes are an integral part of the financial statements. | 79 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Electronic equipment, instruments and components (continued) | |||||
Zebra Technologies Corp., Class A (A) | 1,519 | $ | 627,863 | ||
6,559,822 | |||||
IT services – 2.9% | |||||
Accenture PLC, Class A | 12,141 | 3,836,799 | |||
Akamai Technologies, Inc. (A) | 3,087 | 334,199 | |||
Automatic Data Processing, Inc. | 8,102 | 1,656,373 | |||
Broadridge Financial Solutions, Inc. | 2,229 | 325,902 | |||
Cognizant Technology Solutions Corp., Class A | 9,876 | 850,620 | |||
DXC Technology Company (A) | 4,777 | 162,561 | |||
EPAM Systems, Inc. (A) | 1,074 | 223,124 | |||
Fidelity National Information Services, Inc. | 11,468 | 1,092,098 | |||
Fiserv, Inc. (A) | 11,417 | 1,115,098 | |||
FleetCor Technologies, Inc. (A) | 1,543 | 361,371 | |||
Gartner, Inc. (A) | 1,574 | 441,381 | |||
Global Payments, Inc. | 5,333 | 711,316 | |||
IBM Corp. | 17,112 | 2,096,391 | |||
Jack Henry & Associates, Inc. | 1,430 | 252,824 | |||
Mastercard, Inc., Class A | 16,596 | 5,988,169 | |||
Paychex, Inc. | 6,151 | 732,338 | |||
PayPal Holdings, Inc. (A) | 22,178 | 2,482,384 | |||
VeriSign, Inc. (A) | 1,855 | 396,451 | |||
Visa, Inc., Class A | 31,949 | 6,904,818 | |||
29,964,217 | |||||
Semiconductors and semiconductor equipment – 5.2% | |||||
Advanced Micro Devices, Inc. (A) | 40,552 | 5,001,684 | |||
Analog Devices, Inc. | 13,255 | 2,124,644 | |||
Applied Materials, Inc. | 22,215 | 2,981,253 | |||
Broadcom, Inc. | 10,094 | 5,929,619 | |||
Enphase Energy, Inc. (A) | 3,279 | 546,609 | |||
Intel Corp. | 99,863 | 4,763,465 | |||
KLA Corp. | 3,720 | 1,296,420 | |||
Lam Research Corp. | 3,439 | 1,930,483 | |||
Microchip Technology, Inc. | 13,683 | 962,325 | |||
Micron Technology, Inc. | 25,880 | 2,299,697 | |||
Monolithic Power Systems, Inc. | 1,067 | 489,433 | |||
NVIDIA Corp. | 61,685 | 15,041,887 | |||
NXP Semiconductors NV | 6,586 | 1,252,130 | |||
Qorvo, Inc. (A) | 2,689 | 367,801 | |||
QUALCOMM, Inc. | 27,942 | 4,805,745 | |||
Skyworks Solutions, Inc. | 4,015 | 554,753 | |||
SolarEdge Technologies, Inc. (A) | 1,272 | 406,302 | |||
Teradyne, Inc. | 3,994 | 470,972 | |||
Texas Instruments, Inc. | 22,775 | 3,871,522 | |||
55,096,744 | |||||
Software – 8.2% | |||||
Adobe, Inc. (A) | 12,381 | 5,790,346 | |||
ANSYS, Inc. (A) | 2,247 | 728,455 | |||
Autodesk, Inc. (A) | 5,743 | 1,264,781 | |||
Cadence Design Systems, Inc. (A) | 7,175 | 1,086,510 | |||
Ceridian HCM Holding, Inc. (A) | 3,643 | 265,611 | |||
Citrix Systems, Inc. | 3,179 | 325,848 | |||
Fortinet, Inc. (A) | 3,477 | 1,197,896 | |||
Intuit, Inc. | 7,348 | 3,485,671 | |||
Microsoft Corp. | 193,700 | 57,875,623 | |||
NortonLifeLock, Inc. | 14,813 | 429,281 | |||
Oracle Corp. | 41,044 | 3,118,113 | |||
Paycom Software, Inc. (A) | 1,228 | 416,550 | |||
PTC, Inc. (A) | 2,690 | 299,343 | |||
salesforce.com, Inc. (A) | 25,192 | 5,303,672 | |||
ServiceNow, Inc. (A) | 5,079 | 2,945,414 | |||
Synopsys, Inc. (A) | 3,948 | 1,233,316 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Software (continued) | |||||
Tyler Technologies, Inc. (A) | 1,040 | $ | 445,390 | ||
86,211,820 | |||||
Technology hardware, storage and peripherals – 6.9% | |||||
Apple, Inc. | 424,636 | 70,115,893 | |||
Hewlett Packard Enterprise Company | 35,118 | 559,079 | |||
HP, Inc. | 30,907 | 1,061,965 | |||
NetApp, Inc. | 6,057 | 474,748 | |||
Seagate Technology Holdings PLC | 5,535 | 570,991 | |||
Western Digital Corp. (A) | 8,193 | 417,351 | |||
73,200,027 | |||||
259,866,454 | |||||
Materials – 2.2% | |||||
Chemicals – 1.4% | |||||
Air Products & Chemicals, Inc. | 5,369 | 1,268,695 | |||
Albemarle Corp. | 2,797 | 547,904 | |||
Celanese Corp. | 2,629 | 366,167 | |||
CF Industries Holdings, Inc. | 5,051 | 410,091 | |||
Corteva, Inc. | 17,544 | 912,814 | |||
Dow, Inc. | 17,899 | 1,055,325 | |||
DuPont de Nemours, Inc. | 12,468 | 964,649 | |||
Eastman Chemical Company | 3,244 | 384,317 | |||
Ecolab, Inc. | 6,067 | 1,069,369 | |||
FMC Corp. | 3,028 | 355,033 | |||
International Flavors & Fragrances, Inc. | 5,863 | 779,779 | |||
Linde PLC | 12,085 | 3,543,805 | |||
LyondellBasell Industries NV, Class A | 6,340 | 616,438 | |||
PPG Industries, Inc. | 5,774 | 770,540 | |||
The Mosaic Company | 8,622 | 452,051 | |||
The Sherwin-Williams Company | 5,917 | 1,556,940 | |||
15,053,917 | |||||
Construction materials – 0.1% | |||||
Martin Marietta Materials, Inc. | 1,549 | 587,691 | |||
Vulcan Materials Company | 3,268 | 592,979 | |||
1,180,670 | |||||
Containers and packaging – 0.3% | |||||
Amcor PLC | 37,273 | 433,485 | |||
Avery Dennison Corp. | 2,025 | 356,805 | |||
Ball Corp. | 7,900 | 708,946 | |||
International Paper Company | 9,375 | 408,094 | |||
Packaging Corp. of America | 2,309 | 339,862 | |||
Sealed Air Corp. | 3,618 | 242,876 | |||
Westrock Company | 6,450 | 291,992 | |||
2,782,060 | |||||
Metals and mining – 0.4% | |||||
Freeport-McMoRan, Inc. | 34,981 | 1,642,358 | |||
Newmont Corp. | 19,566 | 1,295,269 | |||
Nucor Corp. | 6,852 | 901,860 | |||
3,839,487 | |||||
22,856,134 | |||||
Real estate – 2.4% | |||||
Equity real estate investment trusts – 2.3% | |||||
Alexandria Real Estate Equities, Inc. | 3,630 | 687,522 | |||
American Tower Corp. | 11,764 | 2,668,899 | |||
AvalonBay Communities, Inc. | 3,610 | 861,310 | |||
Boston Properties, Inc. | 3,599 | 440,194 | |||
Crown Castle International Corp. | 11,161 | 1,859,311 | |||
Digital Realty Trust, Inc. | 7,407 | 999,352 | |||
Duke Realty Corp. | 9,904 | 524,912 | |||
Equinix, Inc. | 2,350 | 1,667,866 | |||
Equity Residential | 8,863 | 756,014 | |||
Essex Property Trust, Inc. | 1,679 | 532,528 | |||
Extra Space Storage, Inc. | 3,459 | 650,811 |
The accompanying notes are an integral part of the financial statements. | 80 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Equity real estate investment trusts (continued) | |||||
Federal Realty Investment Trust | 1,789 | $ | 210,351 | ||
Healthpeak Properties, Inc. | 13,976 | 434,095 | |||
Host Hotels & Resorts, Inc. (A) | 18,006 | 328,970 | |||
Iron Mountain, Inc. | 7,465 | 367,129 | |||
Kimco Realty Corp. | 15,656 | 368,386 | |||
Mid-America Apartment Communities, Inc. | 2,983 | 610,352 | |||
Prologis, Inc. | 19,218 | 2,802,945 | |||
Public Storage | 3,946 | 1,400,909 | |||
Realty Income Corp. | 14,488 | 957,512 | |||
Regency Centers Corp. | 3,956 | 260,661 | |||
SBA Communications Corp. | 2,810 | 852,526 | |||
Simon Property Group, Inc. | 8,237 | 1,133,082 | |||
UDR, Inc. | 7,482 | 410,537 | |||
Ventas, Inc. | 10,202 | 550,908 | |||
Vornado Realty Trust | 4,021 | 174,029 | |||
Welltower, Inc. | 11,152 | 928,850 | |||
Weyerhaeuser Company | 19,233 | 747,779 | |||
24,187,740 | |||||
Real estate management and development – 0.1% | |||||
CBRE Group, Inc., Class A (A) | 8,631 | 835,912 | |||
25,023,652 | |||||
Utilities – 2.2% | |||||
Electric utilities – 1.4% | |||||
Alliant Energy Corp. | 5,987 | 349,641 | |||
American Electric Power Company, Inc. | 12,003 | 1,088,072 | |||
Constellation Energy Corp. | 7,815 | 359,334 | |||
Duke Energy Corp. | 18,584 | 1,866,019 | |||
Edison International | 9,034 | 572,936 | |||
Entergy Corp. | 4,866 | 511,952 | |||
Evergy, Inc. | 5,472 | 341,508 | |||
Eversource Energy | 8,248 | 674,686 | |||
Exelon Corp. | 23,068 | 981,774 | |||
FirstEnergy Corp. | 12,956 | 542,209 | |||
NextEra Energy, Inc. | 46,760 | 3,659,905 | |||
NRG Energy, Inc. | 5,803 | 219,586 | |||
Pinnacle West Capital Corp. | 2,691 | 190,604 | |||
PPL Corp. | 17,868 | 467,606 | |||
The Southern Company | 25,343 | 1,641,466 | |||
Xcel Energy, Inc. | 12,966 | 873,001 | |||
14,340,299 | |||||
Gas utilities – 0.0% | |||||
Atmos Energy Corp. | 3,162 | 347,219 | |||
Independent power and renewable electricity producers – 0.0% | |||||
The AES Corp. | 15,867 | 336,856 | |||
Multi-utilities – 0.7% | |||||
Ameren Corp. | 6,145 | 528,163 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Multi-utilities (continued) | |||||
CenterPoint Energy, Inc. | 14,934 | $ | 408,445 | ||
CMS Energy Corp. | 6,997 | 447,878 | |||
Consolidated Edison, Inc. | 8,456 | 725,271 | |||
Dominion Energy, Inc. | 19,368 | 1,540,337 | |||
DTE Energy Company | 4,623 | 562,111 | |||
NiSource, Inc. | 9,314 | 269,454 | |||
Public Service Enterprise Group, Inc. | 12,050 | 781,202 | |||
Sempra Energy | 7,586 | 1,094,053 | |||
WEC Energy Group, Inc. | 7,533 | 684,599 | |||
7,041,513 | |||||
Water utilities – 0.1% | |||||
American Water Works Company, Inc. | 4,365 | 659,508 | |||
22,725,395 | |||||
TOTAL COMMON STOCKS (Cost $907,877,043) | $ | 1,017,512,636 | |||
SHORT-TERM INVESTMENTS – 3.3% | |||||
U.S. Government Agency – 2.3% | |||||
Federal Home Loan Bank Discount Note 0.030%, 03/18/2022 * | $ | 24,000,000 | 23,999,094 | ||
Short-term funds – 0.0% | |||||
John Hancock Collateral Trust, 0.0896% (D)(E) | 11,810 | 118,122 | |||
Repurchase agreement – 1.0% | |||||
Repurchase Agreement with State Street Corp. dated 2-28-22 at 0.000% to be repurchased at $10,549,000 on 3-1-22, collateralized by $10,934,200 U.S. Treasury Notes, 0.125% due 6-30-23 (valued at $10,760,026) | $ | 10,549,000 | 10,549,000 | ||
TOTAL SHORT-TERM INVESTMENTS (Cost $34,666,781) | $ | 34,666,216 | |||
Total Investments (U.S. Sector Rotation Fund) (Cost $942,543,824) – 99.7% | $ | 1,052,178,852 | |||
Other assets and liabilities, net – 0.3% | 3,366,444 | ||||
TOTAL NET ASSETS – 100.0% | $ | 1,055,545,296 |
Security Abbreviations and Legend | |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 2-28-22. |
(C) | 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. |
(D) | The rate shown is the annualized seven-day yield as of 2-28-22. |
(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. |
* | 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. |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P 500 Index E-Mini Futures | 174 | Long | Mar 2022 | $40,995,012 | $38,001,600 | $(2,993,412) |
$(2,993,412) |
The accompanying notes are an integral part of the financial statements. | 81 |
United States | 86.9% |
France | 3.8% |
Canada | 3.4% |
Australia | 1.7% |
Netherlands | 1.6% |
Taiwan | 1.3% |
Argentina | 1.3% |
TOTAL | 100.0% |
United States | 88.2% |
United Kingdom | 3.1% |
Switzerland | 2.1% |
Germany | 1.8% |
Netherlands | 1.6% |
Denmark | 1.0% |
Other countries | 2.2% |
TOTAL | 100.0% |
United States | 80.6% |
Cayman Islands | 6.4% |
Canada | 3.6% |
United Kingdom | 1.7% |
Luxembourg | 1.1% |
Switzerland | 1.0% |
Other countries | 5.6% |
TOTAL | 100.0% |
United States | 79.7% |
Canada | 8.0% |
United Kingdom | 2.3% |
South Africa | 1.7% |
Belgium | 1.4% |
Netherlands | 1.3% |
Bermuda | 1.1% |
Other countries | 4.5% |
TOTAL | 100.0% |
United States | 78.2% |
China | 9.0% |
Germany | 4.6% |
South Korea | 3.3% |
Other countries | 4.9% |
TOTAL | 100.0% |
United States | 60.7% |
Japan | 5.3% |
Canada | 4.1% |
United Kingdom | 3.8% |
France | 3.1% |
China | 3.0% |
Switzerland | 2.9% |
Taiwan | 2.0% |
Germany | 2.0% |
Australia | 1.7% |
Other countries | 11.4% |
TOTAL | 100.0% |
The accompanying notes are an integral part of the financial statements. | 82 |
Assets | Capital Appreciation Fund | Capital Appreciation Value Fund | Core Bond Fund | Health Sciences Fund |
Unaffiliated investments, at value (including securities loaned) | $1,692,527,227 | $1,311,065,531 | $1,861,934,911 | $361,951,964 |
Affiliated investments, at value | — | 2,117,869 | 1,007,490 | — |
Total investments, at value | 1,692,527,227 | 1,313,183,400 | 1,862,942,401 | 361,951,964 |
Cash | — | 97,003 | — | 1,160,109 |
Foreign currency, at value | — | 225 | — | 341 |
Cash collateral at broker for sale commitments | — | — | 3,550,000 | — |
Dividends and interest receivable | 760,483 | 2,856,064 | 5,611,533 | 410,835 |
Receivable for fund shares sold | 85,901 | 8,457 | 70,540 | 2,994 |
Receivable for investments sold | — | 2,417,985 | 26,105,882 | 380,162 |
Receivable for delayed delivery securities sold | — | — | 107,258,122 | — |
Receivable for securities lending income | — | 975 | 170 | — |
Other assets | 52,048 | 37,881 | 64,450 | 467,081 |
Total assets | 1,693,425,659 | 1,318,601,990 | 2,005,603,098 | 364,373,486 |
Liabilities | ||||
Written options, at value | — | 6,071,069 | — | — |
Payable for investments purchased | 300 | 8,452,151 | 30,713,286 | 246,742 |
Payable for delayed delivery securities purchased | — | — | 302,352,734 | — |
Payable for fund shares repurchased | 1,457,337 | 1,653,464 | 1,895,136 | 209,203 |
Payable upon return of securities loaned | — | 2,118,121 | 1,007,500 | — |
Payable to affiliates | ||||
Accounting and legal services fees | 63,367 | 45,532 | 59,169 | 12,980 |
Trustees' fees | 558 | 431 | 567 | 120 |
Other liabilities and accrued expenses | 341,832 | 248,292 | 425,712 | 113,851 |
Total liabilities | 1,863,394 | 18,589,060 | 336,454,104 | 582,896 |
Net assets | $1,691,562,265 | $1,300,012,930 | $1,669,148,994 | $363,790,590 |
Net assets consist of | ||||
Paid-in capital | $708,999,243 | $1,065,172,997 | $1,742,754,738 | $268,453,390 |
Total distributable earnings (loss) | 982,563,022 | 234,839,933 | (73,605,744) | 95,337,200 |
Net assets | $1,691,562,265 | $1,300,012,930 | $1,669,148,994 | $363,790,590 |
Unaffiliated investments, including repurchase agreements, at cost | $742,569,588 | $1,153,074,956 | $1,906,998,436 | $266,900,841 |
Affiliated investments, at cost | — | $2,117,920 | $1,007,500 | — |
Foreign currency, at cost | — | $226 | — | $384 |
Premiums received on written options | — | $5,838,175 | — | — |
Securities loaned, at value | — | $2,063,710 | $985,968 | — |
Net asset value per share | ||||
The funds 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 1 | ||||
Net assets | $678,951,027 | — | $159,175,280 | — |
Shares outstanding | 47,699,977 | — | 12,805,038 | — |
Net asset value, offering price and redemption price per share | $14.23 | — | $12.43 | — |
Class NAV | ||||
Net assets | $1,012,611,238 | $1,300,012,930 | $1,509,973,714 | $363,790,590 |
Shares outstanding | 70,615,890 | 130,273,454 | 121,682,456 | 73,586,789 |
Net asset value, offering price and redemption price per share | $14.34 | $9.98 | $12.41 | $4.94 |
The accompanying notes are an integral part of the financial statements. | 83 |
Assets | High Yield Fund | International Strategic Equity Allocation Fund | Mid Value Fund | Science & Technology Fund |
Unaffiliated investments, at value (including securities loaned) | $252,255,011 | $1,558,122,000 | $1,760,849,417 | $170,909,949 |
Affiliated investments, at value | 1,578,127 | 11,123,933 | 1,975,635 | 1,466,901 |
Repurchase agreements, at value | — | — | — | 7,178,000 |
Total investments, at value | 253,833,138 | 1,569,245,933 | 1,762,825,052 | 179,554,850 |
Receivable for centrally cleared swaps | 970,155 | — | — | — |
Unrealized appreciation on forward foreign currency contracts | 2,794 | — | — | — |
Cash | — | 1,096,292 | — | 247 |
Foreign currency, at value | 354,894 | 5,521,313 | 73,901 | 260,812 |
Collateral held at broker for futures contracts | 156,140 | 3,104,557 | — | — |
Dividends and interest receivable | 3,540,023 | 5,709,835 | 2,871,311 | 64,033 |
Receivable for fund shares sold | — | — | — | 3,020 |
Receivable for investments sold | — | 44,939 | 13,253,109 | 719,510 |
Receivable for securities lending income | 547 | 8,014 | 419 | 560 |
Other assets | 8,241 | 84,927 | 39,241 | 9,846 |
Total assets | 258,865,932 | 1,584,815,810 | 1,779,063,033 | 180,612,878 |
Liabilities | ||||
Unrealized depreciation on forward foreign currency contracts | 12,191 | — | — | — |
Payable for futures variation margin | 3,789 | 765,619 | — | — |
Due to custodian | — | — | 9,617,741 | — |
Payable for investments purchased | — | 2,891 | 2,413,280 | 1,036,109 |
Payable for fund shares repurchased | 893,692 | — | 7,340,102 | — |
Payable upon return of securities loaned | 1,580,000 | 11,118,433 | 1,980,906 | 1,466,707 |
Payable to affiliates | ||||
Accounting and legal services fees | 9,239 | 56,841 | 62,302 | 6,387 |
Trustees' fees | 62 | 496 | 568 | 66 |
Other liabilities and accrued expenses | 95,670 | 249,860 | 247,323 | 110,765 |
Total liabilities | 2,594,643 | 12,194,140 | 21,662,222 | 2,620,034 |
Net assets | $256,271,289 | $1,572,621,670 | $1,757,400,811 | $177,992,844 |
Net assets consist of | ||||
Paid-in capital | $368,579,326 | $1,452,340,455 | $1,238,631,893 | $163,996,095 |
Total distributable earnings (loss) | (112,308,037) | 120,281,215 | 518,768,918 | 13,996,749 |
Net assets | $256,271,289 | $1,572,621,670 | $1,757,400,811 | $177,992,844 |
Unaffiliated investments, including repurchase agreements, at cost | $278,263,985 | $1,425,352,512 | $1,236,562,000 | $176,736,677 |
Affiliated investments, at cost | $1,578,245 | $11,123,945 | $1,975,554 | $1,466,901 |
Foreign currency, at cost | $352,887 | $5,522,773 | $73,915 | $234,457 |
Securities loaned, at value | $1,512,448 | $15,061,158 | $1,747,768 | $1,435,766 |
Net asset value per share | ||||
The funds 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 1 | ||||
Net assets | $256,271,289 | — | — | — |
Shares outstanding | 32,647,245 | — | — | — |
Net asset value, offering price and redemption price per share | $7.85 | — | — | — |
Class NAV | ||||
Net assets | — | $1,572,621,670 | $1,757,400,811 | $177,992,844 |
Shares outstanding | — | 157,453,720 | 93,312,315 | 104,087,648 |
Net asset value, offering price and redemption price per share | — | $9.99 | $18.83 | $1.71 |
The accompanying notes are an integral part of the financial statements. | 84 |
Assets | Strategic Equity Allocation Fund | U.S. Sector Rotation Fund |
Unaffiliated investments, at value (including securities loaned) | $6,918,040,503 | $1,041,511,730 |
Affiliated investments, at value | 71,794,663 | 118,122 |
Repurchase agreements, at value | 20,426,000 | 10,549,000 |
Total investments, at value | 7,010,261,166 | 1,052,178,852 |
Cash | — | 36,739 |
Foreign currency, at value | 12,228,987 | — |
Collateral held at broker for futures contracts | 24,240,296 | 2,472,000 |
Dividends and interest receivable | 14,123,552 | 1,322,699 |
Receivable for fund shares sold | 371,347 | — |
Receivable for investments sold | 1,866,980 | — |
Receivable for securities lending income | 71,509 | 28 |
Other assets | 340,767 | 32,411 |
Total assets | 7,063,504,604 | 1,056,042,729 |
Liabilities | ||
Payable for futures variation margin | 2,454,016 | 104,442 |
Due to custodian | 63,262 | — |
Payable for investments purchased | 1,823,092 | — |
Payable for fund shares repurchased | 1,373,862 | — |
Payable upon return of securities loaned | 71,807,579 | 118,121 |
Payable to affiliates | ||
Accounting and legal services fees | 278,759 | 38,038 |
Trustees' fees | 2,517 | 357 |
Other liabilities and accrued expenses | 1,719,447 | 236,475 |
Total liabilities | 79,522,534 | 497,433 |
Net assets | $6,983,982,070 | $1,055,545,296 |
Net assets consist of | ||
Paid-in capital | $5,962,294,765 | $877,613,476 |
Total distributable earnings (loss) | 1,021,687,305 | 177,931,820 |
Net assets | $6,983,982,070 | $1,055,545,296 |
Unaffiliated investments, including repurchase agreements, at cost | $6,307,871,046 | $942,425,703 |
Affiliated investments, at cost | $71,799,545 | $118,121 |
Foreign currency, at cost | $12,260,019 | — |
Securities loaned, at value | $70,760,386 | $115,784 |
Net asset value per share | ||
The funds 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 NAV | ||
Net assets | $6,983,982,070 | $1,055,545,296 |
Shares outstanding | 581,068,244 | 111,408,705 |
Net asset value, offering price and redemption price per share | $12.02 | $9.47 |
The accompanying notes are an integral part of the financial statements. | 85 |
Investment income | Capital Appreciation Fund | Capital Appreciation Value Fund | Core Bond Fund | Health Sciences Fund |
Dividends | $2,839,378 | $5,048,654 | — | $1,178,095 |
Interest | 1,085 | 5,943,643 | $13,703,246 | 746 |
Securities lending | — | 32,297 | 287 | — |
Less foreign taxes withheld | (45,330) | (6,217) | — | (371) |
Total investment income | 2,795,133 | 11,018,377 | 13,703,533 | 1,178,470 |
Expenses | ||||
Investment management fees | 6,823,289 | 5,526,036 | 4,966,348 | 1,936,495 |
Distribution and service fees | 206,033 | — | 43,156 | — |
Accounting and legal services fees | 120,218 | 82,613 | 106,950 | 23,980 |
Trustees' fees | 14,457 | 9,393 | 9,603 | 2,833 |
Custodian fees | 123,249 | 81,528 | 151,486 | 29,724 |
Printing and postage | 7,522 | 7,286 | 7,521 | 6,849 |
Professional fees | 45,148 | 42,710 | 53,902 | 38,742 |
Other | 48,701 | 33,691 | 53,715 | 24,251 |
Total expenses | 7,388,617 | 5,783,257 | 5,392,681 | 2,062,874 |
Less expense reductions | (89,908) | (291,569) | (79,470) | (114,642) |
Net expenses | 7,298,709 | 5,491,688 | 5,313,211 | 1,948,232 |
Net investment income (loss) | (4,503,576) | 5,526,689 | 8,390,322 | (769,762) |
Realized and unrealized gain (loss) | ||||
Net realized gain (loss) on | ||||
Unaffiliated investments and foreign currency transactions | 116,764,512 | 116,670,646 | (19,455,208) | 12,115,307 |
Affiliated investments | — | (1,405) | (51) | — |
Capital gain distributions received from affiliated investments | — | 940 | — | — |
Written options | — | 4,508,808 | — | — |
116,764,512 | 121,178,989 | (19,455,259) | 12,115,307 | |
Change in net unrealized appreciation (depreciation) of | ||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (472,870,907) | (162,010,842) | (67,869,213) | (82,416,264) |
Affiliated investments | — | (51) | (10) | — |
Written options | — | 15,637,896 | — | — |
(472,870,907) | (146,372,997) | (67,869,223) | (82,416,264) | |
Net realized and unrealized gain (loss) | (356,106,395) | (25,194,008) | (87,324,482) | (70,300,957) |
Decrease in net assets from operations | $(360,609,971) | $(19,667,319) | $(78,934,160) | $(71,070,719) |
The accompanying notes are an integral part of the financial statements. | 86 |
Investment income | High Yield Fund | International Strategic Equity Allocation Fund | Mid Value Fund | Science & Technology Fund |
Dividends | $101,513 | $23,428,892 | $17,737,193 | $301,401 |
Interest | 7,583,681 | 14,780 | 153,270 | 547 |
Securities lending | 13,670 | 236,220 | 14,413 | 11,787 |
Less foreign taxes withheld | (3,624) | (1,497,478) | (244,368) | (18,324) |
Total investment income | 7,695,240 | 22,182,414 | 17,660,508 | 295,411 |
Expenses | ||||
Investment management fees | 953,471 | 5,187,786 | 8,545,493 | 1,004,504 |
Distribution and service fees | 68,105 | — | — | — |
Accounting and legal services fees | 16,897 | 102,997 | 113,184 | 12,071 |
Trustees' fees | 2,085 | 11,706 | 13,674 | 1,329 |
Custodian fees | 17,501 | 297,011 | 86,055 | 28,926 |
Printing and postage | 6,747 | 7,369 | 7,242 | 6,808 |
Professional fees | 44,050 | 59,068 | 45,637 | 30,081 |
Other | 10,472 | 35,080 | 31,017 | 12,453 |
Total expenses | 1,119,328 | 5,701,017 | 8,842,302 | 1,096,172 |
Less expense reductions | (12,532) | (1,104,012) | (490,082) | (52,322) |
Net expenses | 1,106,796 | 4,597,005 | 8,352,220 | 1,043,850 |
Net investment income (loss) | 6,588,444 | 17,585,409 | 9,308,288 | (748,439) |
Realized and unrealized gain (loss) | ||||
Net realized gain (loss) on | ||||
Unaffiliated investments and foreign currency transactions | (2,959,354) | 41,805,757 | 53,265,080 | 22,074,122 |
Affiliated investments | (1,310) | (4,027) | (495) | (765) |
Capital gain distributions received from affiliated investments | 895 | 1,328 | 415 | 310 |
Futures contracts | (732,199) | (2,487,651) | — | — |
Forward foreign currency contracts | 12,920 | — | — | — |
Swap contracts | 55,759 | — | — | — |
(3,623,289) | 39,315,407 | 53,265,000 | 22,073,667 | |
Change in net unrealized appreciation (depreciation) of | ||||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (10,616,298) | (189,599,979) | 65,053,058 | (56,303,415) |
Affiliated investments | (816) | (2,507) | (2,194) | (346) |
Futures contracts | (29,009) | (1,845,439) | — | — |
Forward foreign currency contracts | (10,672) | — | — | — |
Swap contracts | (128,058) | — | — | — |
(10,784,853) | (191,447,925) | 65,050,864 | (56,303,761) | |
Net realized and unrealized gain (loss) | (14,408,142) | (152,132,518) | 118,315,864 | (34,230,094) |
Increase (decrease) in net assets from operations | $(7,819,698) | $(134,547,109) | $127,624,152 | $(34,978,533) |
The accompanying notes are an integral part of the financial statements. | 87 |
Investment income | Strategic Equity Allocation Fund | U.S. Sector Rotation Fund |
Dividends | $72,693,769 | $7,842,450 |
Interest | 69,482 | 5,278 |
Non-cash dividends | 7,359,632 | — |
Securities lending | 959,767 | 303 |
Less foreign taxes withheld | (3,262,034) | (1,464) |
Total investment income | 77,820,616 | 7,846,567 |
Expenses | ||
Investment management fees | 25,611,462 | 3,535,147 |
Accounting and legal services fees | 509,395 | 69,948 |
Trustees' fees | 59,912 | 8,321 |
Custodian fees | 647,759 | 72,757 |
Printing and postage | 7,880 | 7,175 |
Professional fees | 133,484 | 48,309 |
Other | 114,840 | 26,674 |
Total expenses | 27,084,732 | 3,768,331 |
Less expense reductions | (5,449,317) | (752,220) |
Net expenses | 21,635,415 | 3,016,111 |
Net investment income | 56,185,201 | 4,830,456 |
Realized and unrealized gain (loss) | ||
Net realized gain (loss) on | ||
Unaffiliated investments and foreign currency transactions | 772,723,189 | 149,381,716 |
Affiliated investments | (37,409) | (37) |
Capital gain distributions received from affiliated investments | 22,352 | 32 |
Futures contracts | 14,167,233 | 2,454,766 |
Forward foreign currency contracts | 63,140 | — |
786,938,505 | 151,836,477 | |
Change in net unrealized appreciation (depreciation) of | ||
Unaffiliated investments and translation of assets and liabilities in foreign currencies | (1,223,367,644) | (180,026,491) |
Affiliated investments | (21,262) | (26) |
Futures contracts | (24,255,301) | (4,242,304) |
(1,247,644,207) | (184,268,821) | |
Net realized and unrealized gain (loss) | (460,705,702) | (32,432,344) |
Decrease in net assets from operations | $(404,520,501) | $(27,601,888) |
The accompanying notes are an integral part of the financial statements. | 88 |
Capital Appreciation Fund | Capital Appreciation Value Fund | Core Bond Fund | ||||
Increase (decrease) in net assets | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 |
From operations | ||||||
Net investment income (loss) | $(4,503,576) | $(8,897,217) | $5,526,689 | $14,573,571 | $8,390,322 | $22,719,273 |
Net realized gain (loss) | 116,764,512 | 560,555,113 | 121,178,989 | 233,204,386 | (19,455,259) | 28,444,775 |
Change in net unrealized appreciation (depreciation) | (472,870,907) | (82,360,273) | (146,372,997) | 95,729,396 | (67,869,223) | (66,179,126) |
Increase (decrease) in net assets resulting from operations | (360,609,971) | 469,297,623 | (19,667,319) | 343,507,353 | (78,934,160) | (15,015,078) |
Distributions to shareholders | ||||||
From earnings | ||||||
Class 1 | (234,037,715) | (137,564,075) | — | — | (2,449,278) | (11,967,506) |
Class NAV | (310,779,087) | (217,716,247) | (259,582,767) | (244,603,933) | (22,098,591) | (149,414,270) |
Total distributions | (544,816,802) | (355,280,322) | (259,582,767) | (244,603,933) | (24,547,869) | (161,381,776) |
From fund share transactions | ||||||
From fund share transactions | 460,413,811 | (160,715,577) | 183,467,511 | (144,992,873) | (15,668,818) | (748,913,797) |
Total decrease | (445,012,962) | (46,698,276) | (95,782,575) | (46,089,453) | (119,150,847) | (925,310,651) |
Net assets | ||||||
Beginning of period | 2,136,575,227 | 2,183,273,503 | 1,395,795,505 | 1,441,884,958 | 1,788,299,841 | 2,713,610,492 |
End of period | $1,691,562,265 | $2,136,575,227 | $1,300,012,930 | $1,395,795,505 | $1,669,148,994 | $1,788,299,841 |
Health Sciences Fund | High Yield Fund | International Strategic Equity Allocation Fund | ||||
Increase (decrease) in net assets | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 |
From operations | ||||||
Net investment income (loss) | $(769,762) | $(1,683,183) | $6,588,444 | $11,373,093 | $17,585,409 | $31,550,271 |
Net realized gain (loss) | 12,115,307 | 62,574,609 | (3,623,289) | 3,681,557 | 39,315,407 | 124,881,620 |
Change in net unrealized appreciation (depreciation) | (82,416,264) | 60,319,973 | (10,784,853) | 8,796,297 | (191,447,925) | 195,978,678 |
Increase (decrease) in net assets resulting from operations | (71,070,719) | 121,211,399 | (7,819,698) | 23,850,947 | (134,547,109) | 352,410,569 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class 1 | — | — | (7,733,662) | (11,176,548) | — | — |
Class NAV | (56,448,788) | (28,188,283) | — | — | (91,427,800) | (29,611,689) |
Total distributions | (56,448,788) | (28,188,283) | (7,733,662) | (11,176,548) | (91,427,800) | (29,611,689) |
From fund share transactions | ||||||
From fund share transactions | 64,064,513 | (93,850,844) | (7,529,722) | 64,345,818 | 69,918,287 | (308,361,789) |
Total increase (decrease) | (63,454,994) | (827,728) | (23,083,082) | 77,020,217 | (156,056,622) | 14,437,091 |
Net assets | ||||||
Beginning of period | 427,245,584 | 428,073,312 | 279,354,371 | 202,334,154 | 1,728,678,292 | 1,714,241,201 |
End of period | $363,790,590 | $427,245,584 | $256,271,289 | $279,354,371 | $1,572,621,670 | $1,728,678,292 |
The accompanying notes are an integral part of the financial statements. | 89 |
Mid Value Fund | Science & Technology Fund | Strategic Equity Allocation Fund | ||||
Increase (decrease) in net assets | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 |
From operations | ||||||
Net investment income (loss) | $9,308,288 | $11,906,286 | $(748,439) | $(1,638,028) | $56,185,201 | $95,986,759 |
Net realized gain | 53,265,000 | 135,202,708 | 22,073,667 | 138,115,229 | 786,938,505 | 1,166,876,060 |
Change in net unrealized appreciation (depreciation) | 65,050,864 | 262,667,821 | (56,303,761) | (53,605,525) | (1,247,644,207) | 766,393,591 |
Increase (decrease) in net assets resulting from operations | 127,624,152 | 409,776,815 | (34,978,533) | 82,871,676 | (404,520,501) | 2,029,256,410 |
Distributions to shareholders | ||||||
From earnings | ||||||
Class NAV | (149,119,105) | (48,958,611) | (121,883,322) | (62,832,282) | (1,282,827,756) | (468,363,031) |
Total distributions | (149,119,105) | (48,958,611) | (121,883,322) | (62,832,282) | (1,282,827,756) | (468,363,031) |
From fund share transactions | ||||||
From fund share transactions | (67,798,703) | 163,868,600 | 117,745,895 | (166,090,302) | 160,655,916 | (632,350,355) |
Total increase (decrease) | (89,293,656) | 524,686,804 | (39,115,960) | (146,050,908) | (1,526,692,341) | 928,543,024 |
Net assets | ||||||
Beginning of period | 1,846,694,467 | 1,322,007,663 | 217,108,804 | 363,159,712 | 8,510,674,411 | 7,582,131,387 |
End of period | $1,757,400,811 | $1,846,694,467 | $177,992,844 | $217,108,804 | $6,983,982,070 | $8,510,674,411 |
U.S. Sector Rotation Fund | ||
Increase (decrease) in net assets | Six months ended 2-28-22 (unaudited) | Year ended 8-31-21 |
From operations | ||
Net investment income | $4,830,456 | $10,769,635 |
Net realized gain | 151,836,477 | 260,928,479 |
Change in net unrealized appreciation (depreciation) | (184,268,821) | 60,596,857 |
Increase (decrease) in net assets resulting from operations | (27,601,888) | 332,294,971 |
Distributions to shareholders | ||
From earnings | ||
Class NAV | (259,017,769) | (127,527,639) |
Total distributions | (259,017,769) | (127,527,639) |
From fund share transactions | ||
From fund share transactions | 134,058,356 | (291,544,447) |
Total decrease | (152,561,301) | (86,777,115) |
Net assets | ||
Beginning of period | 1,208,106,597 | 1,294,883,712 |
End of period | $1,055,545,296 | $1,208,106,597 |
The accompanying notes are an integral part of the financial statements. | 90 |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)2 | Expenses before reductions (%) | Expenses including reductions (%) | Net investment income (loss) (%) | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||
Capital Appreciation Fund | ||||||||||||||||||
Class 1 | ||||||||||||||||||
02-28-20223 | 24.06 | (0.05) | (3.33) | (3.38) | — | (6.45) | (6.45) | 14.23 | (17.79)4 | 0.795 | 0.785 | (0.49)5 | 679 | 19 | ||||
08-31-2021 | 23.01 | (0.10) | 5.14 | 5.04 | — | (3.99) | (3.99) | 24.06 | 24.71 | 0.79 | 0.78 | (0.46) | 908 | 45 | ||||
08-31-2020 | 15.66 | (0.04) | 9.09 | 9.05 | — | (1.70) | (1.70) | 23.01 | 62.93 | 0.80 | 0.79 | (0.23) | 810 | 47 | ||||
08-31-2019 | 18.80 | —6 | (0.46) | (0.46) | (0.02) | (2.66) | (2.68) | 15.66 | 0.84 | 0.80 | 0.79 | (0.03) | 584 | 50 | ||||
08-31-2018 | 18.56 | 0.02 | 4.25 | 4.27 | (0.01) | (4.02) | (4.03) | 18.80 | 26.71 | 0.79 | 0.78 | 0.11 | 687 | 39 | ||||
08-31-2017 | 16.60 | 0.01 | 3.89 | 3.90 | (0.01) | (1.93) | (1.94) | 18.56 | 26.53 | 0.79 | 0.78 | 0.07 | 582 | 45 | ||||
Class NAV | ||||||||||||||||||
02-28-20223 | 24.18 | (0.04) | (3.35) | (3.39) | — | (6.45) | (6.45) | 14.34 | (17.73)4 | 0.745 | 0.735 | (0.44)5 | 1,013 | 19 | ||||
08-31-2021 | 23.10 | (0.09) | 5.16 | 5.07 | — | (3.99) | (3.99) | 24.18 | 24.75 | 0.74 | 0.73 | (0.41) | 1,229 | 45 | ||||
08-31-2020 | 15.71 | (0.03) | 9.12 | 9.09 | —6 | (1.70) | (1.70) | 23.10 | 63.00 | 0.75 | 0.74 | (0.18) | 1,373 | 47 | ||||
08-31-2019 | 18.85 | —6 | (0.45) | (0.45) | (0.03) | (2.66) | (2.69) | 15.71 | 0.89 | 0.75 | 0.74 | 0.03 | 1,153 | 50 | ||||
08-31-2018 | 18.60 | 0.03 | 4.26 | 4.29 | (0.02) | (4.02) | (4.04) | 18.85 | 26.76 | 0.74 | 0.73 | 0.15 | 1,128 | 39 | ||||
08-31-2017 | 16.63 | 0.02 | 3.90 | 3.92 | (0.02) | (1.93) | (1.95) | 18.60 | 26.62 | 0.74 | 0.73 | 0.11 | 1,222 | 45 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. 6. Less than $0.005 per share. | ||||||||||||||||||
Capital Appreciation Value Fund | ||||||||||||||||||
Class NAV | ||||||||||||||||||
02-28-20223 | 12.56 | 0.05 | (0.16) | (0.11) | (0.13) | (2.34) | (2.47) | 9.98 | (1.44)4 | 0.875 | 0.825 | 0.835 | 1,300 | 36 | ||||
08-31-2021 | 11.92 | 0.12 | 2.63 | 2.75 | (0.14) | (1.97) | (2.11) | 12.56 | 25.84 | 0.86 | 0.82 | 0.98 | 1,396 | 57 | ||||
08-31-2020 | 11.75 | 0.14 | 1.33 | 1.47 | (0.20) | (1.10) | (1.30) | 11.92 | 13.38 | 0.87 | 0.83 | 1.20 | 1,442 | 79 | ||||
08-31-2019 | 12.27 | 0.19 | 0.76 | 0.95 | (0.33) | (1.14) | (1.47) | 11.75 | 10.07 | 0.85 | 0.81 | 1.66 | 1,607 | 63 | ||||
08-31-2018 | 12.26 | 0.27 | 1.06 | 1.33 | (0.18) | (1.14) | (1.32) | 12.27 | 11.61 | 0.85 | 0.81 | 2.28 | 1,785 | 78 | ||||
08-31-2017 | 11.62 | 0.18 | 1.06 | 1.24 | (0.20) | (0.40) | (0.60) | 12.26 | 11.26 | 0.85 | 0.81 | 1.51 | 1,880 | 61 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. | ||||||||||||||||||
Core Bond Fund | ||||||||||||||||||
Class 1 | ||||||||||||||||||
02-28-20223 | 13.19 | 0.06 | (0.64) | (0.58) | (0.18) | — | (0.18) | 12.43 | (4.46)4 | 0.675 | 0.665 | 0.925 | 159 | 114 | ||||
08-31-2021 | 13.96 | 0.11 | (0.08) | 0.03 | (0.22) | (0.58) | (0.80) | 13.19 | 0.17 | 0.66 | 0.65 | 0.84 | 185 | 310 | ||||
08-31-2020 | 13.50 | 0.23 | 0.66 | 0.89 | (0.31) | (0.12) | (0.43) | 13.96 | 6.76 | 0.66 | 0.65 | 1.73 | 207 | 347 | ||||
08-31-2019 | 12.66 | 0.33 | 0.86 | 1.19 | (0.35) | — | (0.35) | 13.50 | 9.59 | 0.66 | 0.65 | 2.60 | 175 | 447 | ||||
08-31-2018 | 13.15 | 0.27 | (0.48) | (0.21) | (0.28) | — | (0.28) | 12.66 | (1.58) | 0.67 | 0.66 | 2.08 | 161 | 277 | ||||
08-31-2017 | 13.49 | 0.22 | (0.17) | 0.05 | (0.24) | (0.15) | (0.39) | 13.15 | 0.46 | 0.67 | 0.66 | 1.70 | 190 | 363 | ||||
Class NAV | ||||||||||||||||||
02-28-20223 | 13.17 | 0.06 | (0.64) | (0.58) | (0.18) | — | (0.18) | 12.41 | (4.44)4 | 0.625 | 0.615 | 0.985 | 1,510 | 114 | ||||
08-31-2021 | 13.94 | 0.12 | (0.08) | 0.04 | (0.23) | (0.58) | (0.81) | 13.17 | 0.22 | 0.61 | 0.60 | 0.89 | 1,604 | 310 | ||||
08-31-2020 | 13.47 | 0.24 | 0.66 | 0.90 | (0.31) | (0.12) | (0.43) | 13.94 | 6.90 | 0.61 | 0.60 | 1.81 | 2,507 | 347 | ||||
08-31-2019 | 12.64 | 0.34 | 0.84 | 1.18 | (0.35) | — | (0.35) | 13.47 | 9.58 | 0.61 | 0.60 | 2.63 | 2,693 | 447 | ||||
08-31-2018 | 13.13 | 0.27 | (0.47) | (0.20) | (0.29) | — | (0.29) | 12.64 | (1.54) | 0.62 | 0.61 | 2.14 | 1,548 | 277 | ||||
08-31-2017 | 13.47 | 0.23 | (0.17) | 0.06 | (0.25) | (0.15) | (0.40) | 13.13 | 0.51 | 0.62 | 0.61 | 1.77 | 1,615 | 363 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. | ||||||||||||||||||
Health Sciences Fund | ||||||||||||||||||
Class NAV | ||||||||||||||||||
02-28-20223 | 6.91 | (0.01) | (1.04) | (1.05) | — | (0.92) | (0.92) | 4.94 | (16.79)4 | 1.065 | 1.005 | (0.39)5 | 364 | 17 | ||||
08-31-2021 | 5.60 | (0.02) | 1.71 | 1.69 | — | (0.38) | (0.38) | 6.91 | 31.27 | 1.02 | 0.97 | (0.38) | 427 | 35 | ||||
08-31-2020 | 4.53 | (0.01) | 1.27 | 1.26 | — | (0.19) | (0.19) | 5.60 | 28.39 | 1.11 | 1.05 | (0.28) | 428 | 47 | ||||
08-31-2019 | 5.10 | (0.01) | (0.28) | (0.29) | — | (0.28) | (0.28) | 4.53 | (4.87) | 1.11 | 1.05 | (0.17) | 272 | 42 | ||||
08-31-2018 | 5.01 | (0.01) | 0.95 | 0.94 | — | (0.85) | (0.85) | 5.10 | 22.04 | 1.10 | 1.04 | (0.30) | 309 | 46 | ||||
08-31-2017 | 5.59 | (0.01) | 0.74 | 0.73 | — | (1.31) | (1.31) | 5.01 | 18.48 | 1.14 | 1.07 | (0.27) | 320 | 131 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. |
The accompanying notes are an integral part of the financial statements. | 91 |
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) ($)1 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)2 | Expenses before reductions (%) | Expenses including reductions (%) | Net investment income (loss) (%) | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||
High Yield Fund | ||||||||||||||||||
Class 1 | ||||||||||||||||||
02-28-20223 | 8.31 | 0.20 | (0.43) | (0.23) | (0.23) | — | (0.23) | 7.85 | (2.85)4 | 0.825 | 0.815 | 4.845 | 256 | 27 | ||||
08-31-2021 | 7.86 | 0.40 | 0.46 | 0.86 | (0.41) | — | (0.41) | 8.31 | 11.30 | 0.84 | 0.83 | 4.91 | 279 | 82 | ||||
08-31-2020 | 8.04 | 0.43 | (0.14) | 0.29 | (0.47) | — | (0.47) | 7.86 | 4.01 | 0.85 | 0.84 | 5.54 | 202 | 81 | ||||
08-31-2019 | 8.17 | 0.46 | (0.10) | 0.36 | (0.49) | — | (0.49) | 8.04 | 4.32 | 0.82 | 0.81 | 5.77 | 250 | 51 | ||||
08-31-2018 | 8.30 | 0.47 | (0.12) | 0.35 | (0.48) | — | (0.48) | 8.17 | 4.81 | 0.79 | 0.79 | 5.69 | 282 | 60 | ||||
08-31-2017 | 8.17 | 0.49 | 0.17 | 0.66 | (0.53) | — | (0.53) | 8.30 | 8.31 | 0.79 | 0.78 | 5.89 | 339 | 56 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. | ||||||||||||||||||
International Strategic Equity Allocation Fund | ||||||||||||||||||
Class NAV | ||||||||||||||||||
02-28-20223 | 11.48 | 0.11 | (0.99) | (0.88) | (0.29) | (0.32) | (0.61) | 9.99 | (7.87)4 | 0.695 | 0.555 | 2.115 | 1,573 | 23 | ||||
08-31-2021 | 9.55 | 0.19 | 1.92 | 2.11 | (0.18) | — | (0.18) | 11.48 | 22.25 | 0.69 | 0.56 | 1.81 | 1,729 | 63 | ||||
08-31-2020 | 9.01 | 0.19 | 0.62 | 0.81 | (0.27) | — | (0.27) | 9.55 | 8.98 | 0.69 | 0.56 | 2.07 | 1,714 | 76 | ||||
08-31-2019 | 11.21 | 0.26 | (0.85) | (0.59) | (0.26) | (1.35) | (1.61) | 9.01 | (3.97) | 0.69 | 0.56 | 2.74 | 1,634 | 57 | ||||
08-31-2018 | 11.78 | 0.25 | (0.01) | 0.24 | (0.29) | (0.52) | (0.81) | 11.21 | 1.81 | 0.68 | 0.55 | 2.15 | 1,832 | 94 | ||||
08-31-20176 | 10.00 | 0.23 | 1.59 | 1.82 | (0.03) | (0.01) | (0.04) | 11.78 | 18.264 | 0.695 | 0.565 | 2.435 | 2,049 | 112 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. 6. Period from 10-17-16 (commencement of operations) to 8-31-17. | ||||||||||||||||||
Mid Value Fund | ||||||||||||||||||
Class NAV | ||||||||||||||||||
02-28-20223 | 19.15 | 0.10 | 1.17 | 1.27 | (0.15) | (1.44) | (1.59) | 18.83 | 7.034 | 0.975 | 0.925 | 1.025 | 1,757 | 13 | ||||
08-31-2021 | 14.91 | 0.13 | 4.70 | 4.83 | (0.21) | (0.38) | (0.59) | 19.15 | 33.10 | 0.99 | 0.93 | 0.76 | 1,847 | 41 | ||||
08-31-2020 | 14.27 | 0.17 | 0.90 | 1.07 | (0.26) | (0.17) | (0.43) | 14.91 | 7.40 | 0.99 | 0.94 | 1.18 | 1,322 | 45 | ||||
08-31-2019 | 17.08 | 0.22 | (1.81) | (1.59) | (0.15) | (1.07) | (1.22) | 14.27 | (8.82) | 0.99 | 0.94 | 1.48 | 1,231 | 42 | ||||
08-31-2018 | 16.00 | 0.12 | 1.90 | 2.02 | (0.13) | (0.81) | (0.94) | 17.08 | 12.96 | 0.99 | 0.94 | 0.72 | 1,439 | 39 | ||||
08-31-2017 | 15.88 | 0.16 | 1.52 | 1.68 | (0.14) | (1.42) | (1.56) | 16.00 | 10.83 | 0.99 | 0.94 | 0.98 | 1,224 | 55 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. | ||||||||||||||||||
Science & Technology Fund | ||||||||||||||||||
Class NAV | ||||||||||||||||||
02-28-20223 | 5.53 | (0.01) | (0.56) | (0.57) | — | (3.25) | (3.25) | 1.71 | (17.00)4 | 1.115 | 1.065 | (0.76)5 | 178 | 43 | ||||
08-31-2021 | 5.22 | (0.03) | 1.47 | 1.44 | (0.01) | (1.12) | (1.13) | 5.53 | 30.29 | 1.10 | 1.04 | (0.57) | 217 | 86 | ||||
08-31-2020 | 3.87 | 0.026 | 1.69 | 1.71 | — | (0.36) | (0.36) | 5.22 | 47.55 | 1.10 | 1.06 | 0.406 | 363 | 116 | ||||
08-31-2019 | 5.99 | (0.01) | (0.32) | (0.33) | — | (1.79) | (1.79) | 3.87 | 3.19 | 1.10 | 1.06 | (0.36) | 284 | 110 | ||||
08-31-2018 | 13.85 | (0.03) | 2.33 | 2.30 | — | (10.16) | (10.16) | 5.99 | 30.59 | 1.10 | 1.05 | (0.47) | 252 | 108 | ||||
08-31-2017 | 11.75 | (0.02) | 3.17 | 3.15 | (0.02) | (1.03) | (1.05) | 13.85 | 29.39 | 1.07 | 1.03 | (0.13) | 355 | 93 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. 6. 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 $0.04 and 1.00%, respectively. | ||||||||||||||||||
Strategic Equity Allocation Fund | ||||||||||||||||||
Class NAV | ||||||||||||||||||
02-28-20223 | 14.97 | 0.09 | (0.78) | (0.69) | (0.21) | (2.05) | (2.26) | 12.02 | (5.34)4 | 0.665 | 0.535 | 1.375 | 6,984 | 40 | ||||
08-31-2021 | 12.36 | 0.16 | 3.27 | 3.43 | (0.20) | (0.62) | (0.82) | 14.97 | 28.84 | 0.66 | 0.53 | 1.20 | 8,511 | 79 | ||||
08-31-2020 | 11.14 | 0.20 | 1.41 | 1.61 | (0.26) | (0.13) | (0.39) | 12.36 | 14.54 | 0.67 | 0.54 | 1.77 | 7,582 | 96 | ||||
08-31-2019 | 13.46 | 0.24 | (0.75) | (0.51) | (0.23) | (1.58) | (1.81) | 11.14 | (1.78) | 0.67 | 0.54 | 2.12 | 7,329 | 80 | ||||
08-31-2018 | 13.99 | 0.22 | 1.42 | 1.64 | (0.26) | (1.91) | (2.17) | 13.46 | 12.48 | 0.66 | 0.54 | 1.64 | 7,690 | 115 | ||||
08-31-2017 | 13.14 | 0.24 | 1.85 | 2.09 | (0.24) | (1.00) | (1.24) | 13.99 | 17.12 | 0.66 | 0.53 | 1.78 | 7,636 | 67 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. |
The accompanying notes are an integral part of the financial statements. | 92 |
Per share operating performance for a share outstanding throughout each period | Ratios and supplemental data | |||||||||||||||||
Income (loss) from investment operations | Less distributions | Ratios to average net assets | ||||||||||||||||
Period ended | Net asset value, beginning of period ($) | Net investment income (loss) ($)1 | Net realized and unrealized gain (loss) on investments ($) | Total from investment operations ($) | From net investment income ($) | From net realized gain ($) | Total distributions ($) | Net asset value, end of period ($) | Total return (%)2 | Expenses before reductions (%) | Expenses including reductions (%) | Net investment income (loss) (%) | Net assets, end of period (in millions) | Portfolio turnover (%) | ||||
U.S. Sector Rotation Fund | ||||||||||||||||||
Class NAV | ||||||||||||||||||
02-28-20223 | 12.62 | 0.05 | (0.26) | (0.21) | (0.11) | (2.83) | (2.94) | 9.47 | (2.83)4 | 0.665 | 0.535 | 0.855 | 1,056 | 56 | ||||
08-31-2021 | 10.76 | 0.10 | 2.93 | 3.03 | (0.17) | (1.00) | (1.17) | 12.62 | 30.62 | 0.67 | 0.53 | 0.87 | 1,208 | 91 | ||||
08-31-2020 | 9.86 | 0.16 | 1.79 | 1.95 | (0.19) | (0.86) | (1.05) | 10.76 | 20.74 | 0.67 | 0.54 | 1.63 | 1,295 | 113 | ||||
08-31-2019 | 13.13 | 0.17 | (0.72) | (0.55) | (0.19) | (2.53) | (2.72) | 9.86 | (0.34) | 0.66 | 0.53 | 1.66 | 1,497 | 92 | ||||
08-31-2018 | 11.57 | 0.15 | 2.14 | 2.29 | (0.17) | (0.56) | (0.73) | 13.13 | 20.43 | 0.66 | 0.53 | 1.26 | 1,714 | 128 | ||||
08-31-20176 | 10.00 | 0.15 | 1.46 | 1.61 | (0.04) | — | (0.04) | 11.57 | 16.084 | 0.665 | 0.535 | 1.455 | 1,955 | 119 | ||||
1. Based on average daily shares outstanding. 2. Total returns would have been lower had certain expenses not been reduced during the applicable periods. 3. Six months ended 2-28-22. Unaudited. 4. Not annualized. 5. Annualized. 6. Period from 9-26-16 (commencement of operations) to 8-31-17. |
The accompanying notes are an integral part of the financial statements. | 93 |
The following is a summary of the values by input classification of the funds' investments as of February 28, 2022, by major security category or type:
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Capital Appreciation Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $226,566,325 | $226,566,325 | — | — |
Consumer discretionary | 503,143,175 | 438,032,852 | $65,110,323 | — |
Consumer staples | 58,047,058 | 58,047,058 | — | — |
Financials | 45,452,951 | 45,452,951 | — | — |
Health care | 109,155,875 | 109,155,875 | — | — |
Industrials | 26,275,778 | 26,275,778 | — | — |
Information technology | 709,722,116 | 682,138,857 | 27,583,259 | — |
Short-term investments | 14,163,949 | 14,163,949 | — | — |
Total investments in securities | $1,692,527,227 | $1,599,833,645 | $92,693,582 | — |
Capital Appreciation Value Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | $864,946,582 | $855,402,802 | $9,543,780 | — |
Preferred securities | 9,001,470 | 9,001,470 | — | — |
U.S. Government and Agency obligations | 39,310,127 | — | 39,310,127 | — |
Corporate bonds | 105,675,773 | — | 105,675,773 | — |
Term loans | 179,165,593 | — | 179,165,593 | — |
Short-term investments | 115,083,855 | 115,083,855 | — | — |
Total investments in securities | $1,313,183,400 | $979,488,127 | $333,695,273 | — |
Derivatives: | ||||
Liabilities | ||||
Written options | $(6,071,069) | — | $(6,071,069) | — |
Core Bond Fund | ||||
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $987,520,177 | — | $987,520,177 | — |
Foreign government obligations | 15,449,413 | — | 15,449,413 | — |
Corporate bonds | 475,760,804 | — | 475,760,804 | — |
Municipal bonds | 4,966,392 | — | 4,966,392 | — |
Collateralized mortgage obligations | 148,084,233 | — | 148,084,233 | — |
Asset backed securities | 114,599,633 | — | 114,599,633 | — |
Short-term investments | 116,561,749 | $116,561,749 | — | — |
Total investments in securities | $1,862,942,401 | $116,561,749 | $1,746,380,652 | — |
Health Sciences Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Consumer discretionary | $1,638,967 | $1,638,967 | — | — |
Financials | 841,460 | 841,460 | — | — |
Health care | 355,514,397 | 344,114,349 | $11,387,324 | $12,724 |
Industrials | 1,496,833 | 1,496,833 | — | — |
Information technology | 93,402 | — | 93,402 | — |
Preferred securities | 1,827,423 | — | 1,827,423 | — |
Warrants | 16,157 | 16,157 | — | — |
Short-term investments | 523,325 | 523,325 | — | — |
Total investments in securities | $361,951,964 | $348,631,091 | $13,308,149 | $12,724 |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
High Yield Fund | ||||
Investments in securities: | ||||
Assets | ||||
Foreign government obligations | $1,644,792 | — | $1,644,792 | — |
Corporate bonds | 215,650,691 | — | 215,650,691 | — |
Convertible bonds | 3,958,504 | — | 3,958,504 | — |
Term loans | 13,803,063 | — | 13,310,299 | $492,764 |
Asset backed securities | 12,774,161 | — | 12,774,161 | — |
Common stocks | 1,939,787 | $1,928,680 | 1,771 | 9,336 |
Preferred securities | 2,159,802 | 1,030,809 | 540,652 | 588,341 |
Short-term investments | 1,902,338 | 1,902,338 | — | — |
Total investments in securities | $253,833,138 | $4,861,827 | $247,880,870 | $1,090,441 |
Derivatives: | ||||
Assets | ||||
Futures | $95,285 | $95,285 | — | — |
Forward foreign currency contracts | 2,794 | — | $2,794 | — |
Swap contracts | 62,922 | — | 62,922 | — |
Liabilities | ||||
Futures | (99,756) | (99,756) | — | — |
Forward foreign currency contracts | (12,191) | — | (12,191) | — |
Swap contracts | (15,560) | — | (15,560) | — |
Level 3 includes securities valued at $0. Refer to Portfolio of Investments. | ||||
International Strategic Equity Allocation Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Australia | $61,868,341 | — | $61,868,341 | — |
Austria | 2,548,509 | — | 2,548,509 | — |
Belgium | 8,025,429 | — | 8,025,429 | — |
Brazil | 15,517,264 | — | 15,517,264 | — |
Canada | 150,294,346 | $150,294,346 | — | — |
Chile | 2,198,233 | — | 2,198,233 | — |
China | 109,685,098 | 14,868,465 | 94,816,633 | — |
Colombia | 1,858,602 | 1,858,602 | — | — |
Czech Republic | 576,412 | — | 576,412 | — |
Denmark | 22,508,152 | — | 22,508,152 | — |
Finland | 8,300,370 | — | 8,300,370 | — |
France | 114,520,131 | — | 114,520,131 | — |
Germany | 67,565,708 | — | 67,565,708 | — |
Hong Kong | 33,427,031 | 369,349 | 33,056,435 | $1,247 |
Hungary | 1,003,247 | — | 1,003,247 | — |
Indonesia | 8,386,858 | — | 8,386,858 | — |
Ireland | 9,772,181 | — | 9,772,181 | — |
Israel | 6,530,690 | 2,601,642 | 3,929,048 | — |
Italy | 33,321,981 | — | 33,321,981 | — |
Japan | 195,162,937 | — | 195,162,937 | — |
Jordan | 258,607 | — | 258,607 | — |
Luxembourg | 3,357,996 | — | 3,357,996 | — |
Macau | 334,433 | — | 334,433 | — |
Malaysia | 6,313,920 | — | 6,313,920 | — |
Mexico | 16,087,463 | 16,087,463 | — | — |
Netherlands | 45,510,418 | — | 45,510,418 | — |
New Zealand | 3,444,018 | — | 3,444,018 | — |
Norway | 8,731,284 | — | 8,731,284 | — |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
International Strategic Equity Allocation Fund (continued) | ||||
Peru | $1,769,038 | $1,769,038 | — | — |
Philippines | 3,157,564 | — | $3,157,564 | — |
Poland | 3,176,337 | — | 3,176,337 | — |
Portugal | 1,313,881 | — | 1,313,881 | — |
Romania | 158,723 | — | 158,723 | — |
Singapore | 10,956,872 | 1,205,706 | 9,751,166 | — |
South Africa | 16,226,753 | — | 16,226,753 | — |
South Korea | 55,029,183 | — | 55,029,183 | — |
Spain | 21,548,513 | — | 21,548,513 | — |
Sweden | 29,476,695 | — | 29,116,519 | $360,176 |
Switzerland | 99,278,196 | — | 99,278,196 | — |
Taiwan | 75,060,236 | — | 75,060,236 | — |
Thailand | 9,240,782 | — | 9,240,782 | — |
Turkey | 916,661 | — | 916,661 | — |
United Arab Emirates | 112 | — | 112 | — |
United Kingdom | 128,846,962 | 590,810 | 128,256,152 | — |
United States | 1,561,791 | 1,045,002 | 516,789 | — |
Preferred securities | ||||
Brazil | 5,401,533 | — | 5,401,533 | — |
Chile | 647,117 | — | 647,117 | — |
Colombia | 714,774 | 714,774 | — | — |
Germany | 4,589,345 | — | 4,589,345 | — |
South Korea | 3,319,370 | — | 3,319,370 | — |
Taiwan | 32,176 | — | 32,176 | — |
Exchange-traded funds | 100,710,123 | 100,710,123 | — | — |
Warrants | 72,926 | 72,926 | — | — |
Rights | 9,506 | — | 9,506 | — |
Short-term investments | 58,921,105 | 11,123,933 | 47,797,172 | — |
Total investments in securities | $1,569,245,933 | $303,312,179 | $1,265,572,331 | $361,423 |
Derivatives: | ||||
Assets | ||||
Futures | $67,537 | $67,537 | — | — |
Liabilities | ||||
Futures | (2,719,789) | (2,719,789) | — | — |
Level 3 includes securities valued at $0. Refer to Portfolio of Investments. | ||||
Mid Value Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $97,752,116 | $97,752,116 | — | — |
Consumer discretionary | 43,233,986 | 34,339,934 | $8,894,052 | — |
Consumer staples | 154,456,788 | 145,188,679 | 9,268,109 | — |
Energy | 202,176,633 | 197,531,620 | 4,645,013 | — |
Financials | 330,178,314 | 312,883,964 | 17,294,350 | — |
Health care | 242,072,336 | 202,350,787 | 39,721,549 | — |
Industrials | 104,914,946 | 93,393,728 | 11,521,218 | — |
Information technology | 20,876,084 | 20,876,084 | — | — |
Materials | 204,242,406 | 187,800,893 | 16,441,513 | — |
Real estate | 127,292,626 | 127,292,626 | — | — |
Utilities | 126,625,523 | 126,625,523 | — | — |
Preferred securities | 2,876,351 | 2,876,351 | — | — |
Corporate bonds | 424,350 | — | 424,350 | — |
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Mid Value Fund (continued) | ||||
Short-term investments | $105,702,593 | $105,702,593 | — | — |
Total investments in securities | $1,762,825,052 | $1,654,614,898 | $108,210,154 | — |
Science & Technology Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $22,439,425 | $21,519,172 | $920,253 | — |
Consumer discretionary | 40,287,541 | 30,418,894 | 9,868,647 | — |
Industrials | 526,759 | 251,272 | 275,487 | — |
Information technology | 104,727,204 | 96,608,653 | 8,118,551 | — |
Short-term investments | 11,573,921 | 4,395,921 | 7,178,000 | — |
Total investments in securities | $179,554,850 | $153,193,912 | $26,360,938 | — |
Strategic Equity Allocation Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $511,925,449 | $367,998,075 | $143,927,374 | — |
Consumer discretionary | 740,816,588 | 454,341,304 | 286,475,284 | — |
Consumer staples | 556,777,726 | 351,917,871 | 204,859,855 | — |
Energy | 300,593,757 | 211,478,650 | 89,115,107 | — |
Financials | 1,132,781,726 | 725,998,081 | 406,783,645 | — |
Health care | 645,230,757 | 408,792,171 | 236,355,662 | $82,924 |
Industrials | 621,688,193 | 331,112,689 | 290,575,504 | — |
Information technology | 1,299,827,696 | 997,757,909 | 302,069,787 | — |
Materials | 306,679,754 | 126,242,725 | 180,437,029 | — |
Real estate | 157,980,159 | 97,185,191 | 60,792,602 | 2,366 |
Utilities | 175,639,208 | 97,031,196 | 78,576,758 | 31,254 |
Preferred securities | ||||
Consumer discretionary | 6,403,201 | — | 6,403,201 | — |
Consumer staples | 1,571,297 | — | 1,571,297 | — |
Energy | 3,346,106 | — | 3,346,106 | — |
Financials | 6,925,188 | 1,353,486 | 5,571,702 | — |
Health care | 1,173,542 | — | 1,173,542 | — |
Information technology | 5,447,826 | — | 5,447,826 | — |
Materials | 2,499,859 | — | 2,499,859 | — |
Utilities | 478,231 | — | 478,231 | — |
Exchange-traded funds | 190,606,932 | 190,606,932 | — | — |
Rights | 16,660 | — | 16,660 | — |
Warrants | 145,125 | 145,125 | — | — |
Short-term investments | 341,706,186 | 71,794,663 | 269,911,523 | — |
Total investments in securities | $7,010,261,166 | $4,433,756,068 | $2,576,388,554 | $116,544 |
Derivatives: | ||||
Assets | ||||
Futures | $48,636 | $48,636 | — | — |
Liabilities | ||||
Futures | (14,653,415) | (14,653,415) | — | — |
Level 3 includes securities valued at $0. Refer to Portfolio of Investments. | ||||
Total value at 2-28-22 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
U.S. Sector Rotation Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $91,908,481 | $91,908,481 | — | — |
Consumer discretionary | 114,719,252 | 114,714,813 | $4,439 | — |
Consumer staples | 87,915,295 | 87,915,295 | — | — |
Energy | 43,334,052 | 43,334,052 | — | — |
Financials | 163,078,204 | 163,078,204 | — | — |
Health care | 107,837,142 | 107,837,142 | — | — |
Industrials | 78,248,575 | 78,248,575 | — | — |
Information technology | 259,866,454 | 259,866,454 | — | — |
Materials | 22,856,134 | 22,856,134 | — | — |
Real estate | 25,023,652 | 25,023,652 | — | — |
Utilities | 22,725,395 | 22,725,395 | — | — |
Short-term investments | 34,666,216 | 118,122 | 34,548,094 | — |
Total investments in securities | $1,052,178,852 | $1,017,626,319 | $34,552,533 | — |
Derivatives: | ||||
Liabilities | ||||
Futures | $(2,993,412) | $(2,993,412) | — | — |
Level 3 includes securities valued at $0. Refer to Portfolio of Investments. |
Fund | Counterparty | Collateral Paid/ (Received) |
Core Bond Fund | Citigroup, Inc. | $260,000 |
Goldman Sachs | 2,120,000 | |
JPMorgan Chase Bank, N.A. | 650,000 | |
Morgan Stanley | 520,000 | |
Total | $3,550,000 |
The liquidity of term loans, including the volume and frequency of secondary market trading in such loans, varies significantly over time and among individual loans. During periods of infrequent trading, valuing a term loan can be more difficult and buying and selling a term loan at an acceptable price can be more difficult and delayed, which could result in a loss.
Obligations to repay collateral received by the funds are shown on the Statements of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. The following table summarizes the values of securities loaned by the funds and the corresponding cash collateral received at February 28, 2022. In addition, non-cash collateral in the form of U.S. Treasuries was pledged, as indicated below. This non-cash collateral cannot be sold or repledged by the funds, and accordingly, is not reflected in the funds' net assets.
Fund | Market value of securities on loan | Cash collateral received | Non-cash collateral |
Capital Appreciation Value Fund | $2,063,710 | $2,118,121 | — |
Core Bond Fund | 985,968 | 1,007,500 | — |
High Yield Fund | 1,512,448 | 1,580,000 | — |
International Strategic Equity Allocation Fund | 15,061,158 | 11,118,433 | $5,211,882 |
Mid Value Fund | 1,747,768 | 1,980,906 | — |
Science & Technology Fund | 1,435,766 | 1,466,707 | — |
Strategic Equity Allocation Fund | 70,760,386 | 71,807,579 | 5,059,036 |
U.S. Sector Rotation Fund | 115,784 | 118,121 | — |
Fund | Commitment fee |
Capital Appreciation Fund | $5,070 |
Capital Appreciation Value Fund | 4,021 |
Core Bond Fund | 18,940 |
Health Sciences Fund | 2,767 |
High Yield Fund | 2,471 |
International Strategic Equity Allocation Fund | 4,484 |
Mid Value Fund | 4,678 |
Science & Technology Fund | 2,498 |
Strategic Equity Allocation Fund | 13,148 |
U.S. Sector Rotation Fund | 3,712 |
Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund’s relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
No Expiration Date | ||
Fund | Short Term | Long Term |
High Yield Fund | $— | $83,773,699 |
Fund | Aggregate cost | Unrealized appreciation | Unrealized (depreciation) | Net unrealized appreciation/ (depreciation) |
Capital Appreciation Fund | $750,156,768 | $980,033,772 | $(37,663,313) | $942,370,459 |
Capital Appreciation Value Fund | 1,156,010,912 | 162,904,391 | (11,802,972) | 151,101,419 |
Core Bond Fund | 1,915,078,810 | 5,417,088 | (57,553,497) | (52,136,409) |
Health Sciences Fund | 271,276,453 | 114,733,803 | (24,058,292) | 90,675,511 |
High Yield Fund | 280,757,201 | 3,958,121 | (30,848,690) | (26,890,569) |
International Strategic Equity Allocation Fund | 1,475,198,357 | 186,514,692 | (95,119,368) | 91,395,324 |
Mid Value Fund | 1,291,338,591 | 492,844,240 | (21,357,779) | 471,486,461 |
Science & Technology Fund | 181,503,926 | 21,031,093 | (22,980,169) | (1,949,076) |
Strategic Equity Allocation Fund | 6,570,125,155 | 703,051,136 | (277,519,904) | 425,531,232 |
U.S. Sector Rotation Fund | 975,329,736 | 99,715,166 | (25,859,462) | 73,855,704 |
As defined by the ISDA, the funds may have collateral agreements with certain counterparties to mitigate counterparty risk on OTC derivatives. Subject to established minimum levels, collateral for OTC transactions is generally determined based on the net aggregate unrealized gain or loss on contracts with a particular counterparty. Collateral pledged to the funds, if any, are held in a segregated account by a third-party agent or held by the custodian bank for the benefit of the funds and can be in the form of cash or debt securities issued by the U.S. government or related agencies; collateral posted by the funds, if any, for OTC transactions is held in a segregated account at the funds' custodian and is noted in the accompanying portfolio of investments, or if cash is posted, on the Statements of assets and liabilities. The funds' risk of loss due to counterparty risk is equal to the asset value of outstanding contracts offset by collateral received.
Fund | Reason | USD Notional range |
High Yield Fund | To manage duration of the fund. | From $18.9 million to $32.1 million |
International Strategic Equity Allocation Fund | To manage against changes in foreign currency exchange rates, manage against change in certain securities markets and gain exposure to certain securities markets. | From $62.1 million to $74.9 million |
Strategic Equity Allocation Fund | To manage against changes in foreign currency exchange rates, manage against change in certain securities markets and gain exposure to certain securities markets. | From $329.7 million to $412.7 million |
U.S. Sector Rotation Fund | To manage against change in certain securities markets and gain exposure to certain securities markets. | From $37.9 million to $44.3 million |
Fund | Reason | USD Notional range |
High Yield Fund | To manage against changes in foreign currency exchange rates and to gain exposure to foreign currencies. | From $2.2 million to $2.3 million |
Strategic Equity Allocation Fund | To manage against changes in foreign currency exchange rates and to gain exposure to foreign currencies. At February 28, 2022, there were no open forward foreign currency contracts. | From $5.7 million to $11.3 million (measured during the period) |
an exchange and movements in underlying security values, and for written options, potential losses in excess of the amounts recognized on the Statements of assets and liabilities. In addition, OTC options are subject to the risks of all OTC derivatives contracts.
Fund | Reason | Market value range |
Capital Appreciation Value Fund | To manage against changes in certain securities markets, to gain exposure to certain securities markets and to generate potential income from options premiums. | From $6.1 million to $30.7 million |
Fund | Reason | USD Notional range |
High Yield Fund | To gain credit exposure to an issuer or index. | From $1.2 million to $1.9 million |
Fund | Risk | Statements of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Capital Appreciation Value Fund | Equity | Written options, at value | Written options | — | $(6,071,069) |
— | $(6,071,069) |
Fund | Risk | Statements of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
High Yield Fund | Interest rate | Receivable/payable for futures variation margin1 | Futures | $95,285 | $(99,756) |
Currency | Unrealized appreciation (depreciation) on forward foreign currency contracts | Forward foreign currency contracts | 2,794 | (12,191) | |
Credit | Swap contracts, at value2 | Credit default swaps | 62,922 | (15,560) | |
$161,001 | $(127,507) | ||||
International Strategic Equity Allocation Fund | Currency | Receivable/payable for futures variation margin1 | Futures | $15,991 | — |
Equity | Receivable/payable for futures variation margin1 | Futures | 51,546 | $(2,719,789) | |
$67,537 | $(2,719,789) | ||||
Strategic Equity Allocation Fund | Currency | Receivable/payable for futures variation margin1 | Futures | $41,290 | — |
Equity | Receivable/payable for futures variation margin1 | Futures | 7,346 | (14,653,415) | |
$48,636 | $(14,653,415) | ||||
U.S. Sector Rotation Fund | Equity | Receivable/payable for futures variation margin1 | Futures | — | $(2,993,412) |
— | $(2,993,412) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of the Portfolio of investments. Only the period end variation margin receivable/payable is separately reported on the Statements of assets and liabilities. |
2 | Reflects cumulative value of swap contracts. Receivable/payable for centrally cleared swaps, which includes value and margin, are shown separately on the Statements of assets and liabilities. |
Statements of operations location - Net realized gain (loss) on: | ||||||
Fund | Risk | Futures contracts | Forward foreign currency contracts | Written options | Swap contracts | Total |
Capital Appreciation Value Fund | Equity | — | — | $4,508,808 | — | $4,508,808 |
High Yield Fund | Interest rate | $(732,199) | — | — | — | $(732,199) |
Currency | — | $12,920 | — | — | 12,920 | |
Credit | — | — | — | $55,759 | 55,759 | |
Total | $(732,199) | $12,920 | — | $55,759 | $(663,520) | |
International Strategic Equity Allocation Fund | Currency | $(186,294) | — | — | — | $(186,294) |
Equity | (2,301,357) | — | — | — | (2,301,357) | |
Total | $(2,487,651) | — | — | — | $(2,487,651) | |
Strategic Equity Allocation Fund | Currency | $(86,335) | $63,140 | — | — | $(23,195) |
Equity | 14,253,568 | — | — | — | 14,253,568 | |
Total | $14,167,233 | $63,140 | — | — | $14,230,373 | |
U.S. Sector Rotation Fund | Equity | $2,454,766 | — | — | — | $2,454,766 |
Statements of operations location - Change in net unrealized appreciation (depreciation) of: | ||||||
Fund | Risk | Futures contracts | Forward foreign currency contracts | Written options | Swap contracts | Total |
Capital Appreciation Value Fund | Equity | — | — | $15,637,896 | — | $15,637,896 |
High Yield Fund | Interest rate | $(29,009) | — | — | — | $(29,009) |
Currency | — | $(10,672) | — | — | (10,672) | |
Credit | — | — | — | $(128,058) | (128,058) | |
Total | $(29,009) | $(10,672) | — | $(128,058) | $(167,739) |
Statements of operations location - Change in net unrealized appreciation (depreciation) of: | ||||||
Fund | Risk | Futures contracts | Forward foreign currency contracts | Written options | Swap contracts | Total |
International Strategic Equity Allocation Fund | Currency | $169,542 | — | — | — | $169,542 |
Equity | (2,014,981) | — | — | — | (2,014,981) | |
Total | $(1,845,439) | — | — | — | $(1,845,439) | |
Strategic Equity Allocation Fund | Currency | $161,032 | — | — | — | $161,032 |
Equity | (24,416,333) | — | — | — | (24,416,333) | |
Total | $(24,255,301) | — | — | — | $(24,255,301) | |
U.S. Sector Rotation Fund | Equity | $(4,242,304) | — | — | — | (4,242,304) |
The organizations described below act as the subadvisors to the Trust and certain of its funds pursuant to Subadvisory Agreements with the Advisor. Fund management is allocated among the following subadvisors:
Fund | Subadvisor(s) |
Science & Technology Fund | Allianz Global Investors U.S. LLC; T. Rowe Price Associates, Inc. |
Core Bond Fund | Allspring Global Investments, LLC1 |
Capital Appreciation Fund | Jennison Associates LLC |
International Strategic Equity Allocation Fund Strategic Equity Allocation Fund U.S. Sector Rotation Fund | Manulife Investment Management (US) LLC2 |
Capital Appreciation Value Fund Health Sciences Fund Mid Value Fund | T. Rowe Price Associates, Inc. |
High Yield Fund | Western Asset Management Company, LLC |
Fund | Expense limitation as a percentage of average net assets |
Capital Appreciation Fund | 0.20% |
Capital Appreciation Value Fund | 0.20% |
Core Bond Fund | 0.15% |
Health Sciences Fund | 0.20% |
High Yield Fund | 0.15% |
Fund | Expense limitation as a percentage of average net assets |
International Strategic Equity Allocation Fund | 0.25% |
Mid Value Fund | 0.20% |
Science & Technology Fund | 0.20% |
Strategic Equity Allocation Fund | 0.20% |
U.S. Sector Rotation Fund | 0.20% |
Expense Reimbursement by Class | |||
Fund | Class 1 | Class NAV | Total |
Capital Appreciation Fund | $37,967 | $51,941 | $89,908 |
Capital Appreciation Value Fund | — | 291,569 | 291,569 |
Core Bond Fund | 7,937 | 71,533 | 79,470 |
Health Sciences Fund | — | 114,642 | 114,642 |
High Yield Fund | 12,532 | — | 12,532 |
International Strategic Equity Allocation Fund | — | 1,104,012 | 1,104,012 |
Mid Value Fund | — | 490,082 | 490,082 |
Science & Technology Fund | — | 52,322 | 52,322 |
Strategic Equity Allocation Fund | — | 5,449,317 | 5,449,317 |
U.S. Sector Rotation Fund | — | 752,220 | 752,220 |
Fund | Net Annual Effective Rate |
Capital Appreciation Fund | 0.69% |
Capital Appreciation Value Fund | 0.78% |
Core Bond Fund | 0.57% |
Health Sciences Fund | 0.93% |
High Yield Fund | 0.69% |
Fund | Net Annual Effective Rate |
International Strategic Equity Allocation Fund | 0.49% |
Mid Value Fund | 0.89% |
Science & Technology Fund | 0.97% |
Strategic Equity Allocation Fund | 0.49% |
U.S. Sector Rotation Fund | 0.49% |
Class | Rule 12b-1 Fee |
Class 1 | 0.05% |
Fund | Class | Distribution and service fees |
Capital Appreciation Fund | Class 1 | $206,033 |
Core Bond Fund | Class 1 | $43,156 |
High Yield Fund | Class 1 | $68,105 |
Fund | Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Capital Appreciation Value Fund | Lender | $13,700,000 | 1 | 0.540% | $206 |
Capital Appreciation Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class 1 shares | ||||
Sold | 760,182 | $16,158,743 | 2,361,771 | $52,401,542 |
Distributions reinvested | 14,158,361 | 234,037,715 | 6,648,819 | 137,564,075 |
Repurchased | (4,946,323) | (92,119,129) | (6,478,193) | (139,724,050) |
Net increase | 9,972,220 | $158,077,329 | 2,532,397 | $50,241,567 |
Class NAV shares | ||||
Sold | 4,936,102 | $82,096,180 | 3,812,777 | $81,891,483 |
Distributions reinvested | 18,665,411 | 310,779,087 | 10,471,881 | 217,710,396 |
Repurchased | (3,804,365) | (90,538,785) | (22,918,208) | (510,559,023) |
Net increase (decrease) | 19,797,148 | $302,336,482 | (8,633,550) | $(210,957,144) |
Total net increase (decrease) | 29,769,368 | $460,413,811 | (6,101,153) | $(160,715,577) |
Capital Appreciation Value Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 1,709,084 | $18,685,711 | 4,498,712 | $51,090,253 |
Distributions reinvested | 25,226,702 | 259,582,767 | 22,564,938 | 244,603,933 |
Repurchased | (7,760,094) | (94,800,967) | (36,954,905) | (440,687,059) |
Net increase (decrease) | 19,175,692 | $183,467,511 | (9,891,255) | $(144,992,873) |
Total net increase (decrease) | 19,175,692 | $183,467,511 | (9,891,255) | $(144,992,873) |
Core Bond Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class 1 shares | ||||
Sold | 252,157 | $3,244,562 | 2,023,821 | $27,309,168 |
Distributions reinvested | 188,566 | 2,449,278 | 895,305 | 11,967,506 |
Repurchased | (1,633,261) | (20,942,799) | (3,744,848) | (49,711,159) |
Net decrease | (1,192,538) | $(15,248,959) | (825,722) | $(10,434,485) |
Class NAV shares | ||||
Sold | 5,184,342 | $66,403,082 | 33,541,791 | $449,989,308 |
Distributions reinvested | 1,705,003 | 22,098,591 | 11,195,021 | 149,414,270 |
Repurchased | (6,948,109) | (88,921,532) | (102,776,586) | (1,337,882,890) |
Net decrease | (58,764) | $(419,859) | (58,039,774) | $(738,479,312) |
Total net decrease | (1,251,302) | $(15,668,818) | (58,865,496) | $(748,913,797) |
Health Sciences Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 3,921,328 | $22,181,848 | 6,768,418 | $40,804,362 |
Distributions reinvested | 10,044,268 | 56,448,788 | 4,690,230 | 28,188,283 |
Repurchased | (2,174,235) | (14,566,123) | (26,128,757) | (162,843,489) |
Net increase (decrease) | 11,791,361 | $64,064,513 | (14,670,109) | $(93,850,844) |
Total net increase (decrease) | 11,791,361 | $64,064,513 | (14,670,109) | $(93,850,844) |
High Yield Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class 1 shares | ||||
Sold | 2,042,642 | $16,753,090 | 11,098,590 | $90,700,508 |
Distributions reinvested | 948,442 | 7,733,662 | 1,401,309 | 11,176,548 |
Repurchased | (3,951,143) | (32,016,474) | (4,627,139) | (37,531,238) |
Net increase (decrease) | (960,059) | $(7,529,722) | 7,872,760 | $64,345,818 |
Total net increase (decrease) | (960,059) | $(7,529,722) | 7,872,760 | $64,345,818 |
International Strategic Equity Allocation Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 506,350 | $5,438,782 | 840,413 | $8,995,358 |
Distributions reinvested | 8,825,077 | 91,427,800 | 2,820,161 | 29,611,689 |
Repurchased | (2,501,616) | (26,948,295) | (32,504,516) | (346,968,836) |
Net increase (decrease) | 6,829,811 | $69,918,287 | (28,843,942) | $(308,361,789) |
Total net increase (decrease) | 6,829,811 | $69,918,287 | (28,843,942) | $(308,361,789) |
Mid Value Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 1,053,582 | $20,296,534 | 17,670,301 | $334,527,757 |
Distributions reinvested | 8,266,026 | 149,119,105 | 3,007,286 | 48,958,611 |
Repurchased | (12,453,389) | (237,214,342) | (12,891,043) | (219,617,768) |
Net increase (decrease) | (3,133,781) | $(67,798,703) | 7,786,544 | $163,868,600 |
Total net increase (decrease) | (3,133,781) | $(67,798,703) | 7,786,544 | $163,868,600 |
Science & Technology Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 4,595,936 | $11,316,193 | 2,781,512 | $14,493,127 |
Distributions reinvested | 63,151,980 | 121,883,322 | 12,770,789 | 62,832,282 |
Repurchased | (2,952,837) | (15,453,620) | (45,770,020) | (243,415,711) |
Net increase (decrease) | 64,795,079 | $117,745,895 | (30,217,719) | $(166,090,302) |
Total net increase (decrease) | 64,795,079 | $117,745,895 | (30,217,719) | $(166,090,302) |
Strategic Equity Allocation Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 24,668,422 | $338,190,118 | 32,991,623 | $453,334,380 |
Distributions reinvested | 101,730,988 | 1,282,827,756 | 36,705,567 | 468,363,031 |
Repurchased | (113,852,028) | (1,460,361,958) | (114,513,496) | (1,554,047,766) |
Net increase (decrease) | 12,547,382 | $160,655,916 | (44,816,306) | $(632,350,355) |
Total net increase (decrease) | 12,547,382 | $160,655,916 | (44,816,306) | $(632,350,355) |
U.S. Sector Rotation Fund | Six Months Ended 2-28-22 | Year Ended 8-31-21 | ||
Shares | Amount | Shares | Amount | |
Class NAV shares | ||||
Sold | 553,553 | $6,086,350 | 1,045,094 | $11,832,132 |
Distributions reinvested | 25,953,684 | 259,017,769 | 12,417,492 | 127,527,639 |
Repurchased | (10,810,073) | (131,045,763) | (38,046,945) | (430,904,218) |
Net increase (decrease) | 15,697,164 | $134,058,356 | (24,584,359) | $(291,544,447) |
Total net increase (decrease) | 15,697,164 | $134,058,356 | (24,584,359) | $(291,544,447) |
Purchases | Sales | |||
Fund | U.S. Government | Other issuers | U.S. Government | Other issuers |
Capital Appreciation Fund | — | $363,726,916 | — | $463,415,218 |
Capital Appreciation Value Fund | $38,970,854 | 406,485,692 | — | 492,802,684 |
Core Bond Fund | 1,522,843,345 | 555,930,763 | $1,477,254,566 | 678,066,395 |
Health Sciences Fund | — | 74,251,878 | — | 68,302,466 |
High Yield Fund | — | 74,007,365 | — | 82,281,253 |
International Strategic Equity Allocation Fund | — | 374,460,092 | — | 371,449,554 |
Mid Value Fund | — | 216,599,571 | — | 389,030,982 |
Science & Technology Fund | — | 81,744,974 | — | 86,919,984 |
Strategic Equity Allocation Fund | — | 3,144,848,057 | — | 4,141,508,263 |
U.S. Sector Rotation Fund | — | 615,946,395 | — | 737,510,996 |
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 Fund | |||||||||
John Hancock Collateral Trust* | 211,755 | — | $38,017,023 | $(35,897,698) | $(1,405) | $(51) | $32,297 | $940 | $2,117,869 |
Core Bond Fund | |||||||||
John Hancock Collateral Trust* | 100,734 | — | $2,851,001 | $(1,843,450) | $(51) | $(10) | $287 | — | $1,007,490 |
High Yield Fund | |||||||||
John Hancock Collateral Trust* | 157,789 | $3,833,513 | $4,476,187 | $(6,729,447) | $(1,310) | $(816) | $13,670 | $895 | $1,578,127 |
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 Strategic Equity Allocation Fund | |||||||||
John Hancock Collateral Trust* | 1,112,226 | $9,920,810 | $150,557,917 | $(149,348,260) | $(4,027) | $(2,507) | $236,220 | $1,328 | $11,123,933 |
Mid Value Fund | |||||||||
John Hancock Collateral Trust* | 197,534 | $8,311,553 | $35,662,775 | $(41,996,004) | $(495) | $(2,194) | $14,413 | $415 | $1,975,635 |
Science & Technology Fund | |||||||||
John Hancock Collateral Trust* | 146,668 | $1,824,190 | $29,820,384 | $(30,176,562) | $(765) | $(346) | $11,787 | $310 | $1,466,901 |
Strategic Equity Allocation Fund | |||||||||
John Hancock Collateral Trust* | 7,178,389 | $67,092,842 | $528,243,036 | $(523,482,544) | $(37,409) | $(21,262) | $959,767 | $22,352 | $71,794,663 |
U.S. Sector Rotation Fund | |||||||||
John Hancock Collateral Trust* | 11,810 | $96,923 | $2,563,201 | $(2,541,939) | $(37) | $(26) | $303 | $32 | $118,122 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
Fund | Affiliated Concentration |
Capital Appreciation Fund | 42.2% |
Capital Appreciation Value Fund | 98.5% |
Core Bond Fund | 53.2% |
Health Sciences Fund | 99.9% |
International Strategic Equity Allocation Fund | 100% |
Mid Value Fund | 100% |
Science &Technology Fund | 100% |
Strategic Equity Allocation Fund | 100% |
U.S. Sector Rotation Fund | 100% |
Fund | Purchases | Sales |
Capital Appreciation Value Fund | $1,703,615 | — |
Health Sciences Fund | 2,106 | $94,541 |
Mid Value Fund | 633,934 | 189,092 |
Issuer, Description | Original acquisition date | Acquisition cost | Beginning share amount | Shares purchased | Shares sold | Ending share amount | Value as a percentage of net assets | Ending value |
High Yield Fund | ||||||||
KCAD Holdings I, Ltd. | 3-21-11 | $6,150,520 | 752,218,031 | — | — | 752,218,031 | 0.0%1 | $752 |
MWO Holdings LLC | 8-30-16 | 1,116,559 | 1,134 | — | — | 1,134 | 0.0%1 | 8,584 |
New Cotai, Inc., Class B | 4-12-13 | 0 | 11 | — | — | 11 | 0.0% | 0 |
$9,336 |
1 | Less than 0.05%. |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
Peter S. Burgess*
William H. Cunningham*
Grace K. Fey
Marianne Harrison†
Deborah C. Jackson
Frances G. Rathke*
Gregory A. Russo
Management LLC
Management Distributors LLC
State Street Bank and Trust Company
Charles A. Rizzo, Chief Financial Officer
Salvatore Schiavone, Treasurer
Christopher (Kit) Sechler, Secretary and Chief Legal Officer
Trevor Swanberg, Chief Compliance Officer
JHF2A | 2/22 4/22 |
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)
Shares | Value | ||||
Common stocks 98.1% | $185,276,185 | ||||
(Cost $145,488,449) | |||||
Australia 0.0% | 40,570 | ||||
MMG, Ltd. (A) | 112,000 | 40,570 | |||
Belgium 0.0% | 18,978 | ||||
Titan Cement International SA (A) | 1,302 | 18,978 | |||
Brazil 3.8% | 7,210,884 | ||||
AES Brasil Energia SA | 6,779 | 15,079 | |||
Aliansce Sonae Shopping Centers SA | 3,800 | 16,205 | |||
Alliar Medicos A Frente SA (A) | 3,900 | 12,731 | |||
Alupar Investimento SA | 7,050 | 35,191 | |||
Ambev SA, ADR | 46,838 | 137,235 | |||
Americanas SA | 5,515 | 32,319 | |||
Arezzo Industria e Comercio SA | 991 | 15,540 | |||
Atacadao SA | 7,500 | 27,646 | |||
B3 SA - Brasil Bolsa Balcao | 90,234 | 253,863 | |||
Banco Bradesco SA | 18,309 | 60,051 | |||
Banco BTG Pactual SA | 11,208 | 55,685 | |||
Banco do Brasil SA | 12,537 | 84,764 | |||
Banco Inter SA | 3,711 | 4,832 | |||
Banco Santander Brasil SA | 3,800 | 22,524 | |||
BB Seguridade Participacoes SA | 8,229 | 36,286 | |||
BR Malls Participacoes SA (A) | 28,804 | 52,212 | |||
BR Properties SA | 8,524 | 12,389 | |||
BrasilAgro - Company Brasileira de Propriedades Agricolas | 2,247 | 14,227 | |||
Braskem SA, ADR | 2,571 | 47,949 | |||
BRF SA (A) | 25,073 | 79,069 | |||
Camil Alimentos SA | 11,340 | 20,112 | |||
CCR SA | 34,669 | 78,873 | |||
Centrais Eletricas Brasileiras SA | 5,600 | 37,793 | |||
Cia Brasileira de Distribuicao | 8,517 | 39,049 | |||
Cia de Locacao das Americas | 18,348 | 89,529 | |||
Cia de Saneamento Basico do Estado de Sao Paulo | 8,299 | 66,593 | |||
Cia de Saneamento de Minas Gerais-COPASA | 4,505 | 12,370 | |||
Cia de Saneamento do Parana | 3,000 | 2,238 | |||
Cia de Saneamento do Parana, Unit | 8,545 | 33,393 | |||
Cia Energetica de Minas Gerais | 8,594 | 27,878 | |||
Cia Paranaense de Energia | 12,200 | 14,376 | |||
Cia Paranaense de Energia | 3,200 | 21,621 | |||
Cia Siderurgica Nacional SA | 20,797 | 102,357 | |||
Cielo SA | 36,815 | 18,320 | |||
Cogna Educacao (A) | 79,561 | 34,908 |
1 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Brazil (continued) | |||||
Construtora Tenda SA | 3,166 | $7,700 | |||
Cosan SA | 6,572 | 26,944 | |||
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 7,530 | 21,986 | |||
Dexco SA | 10,571 | 28,165 | |||
EcoRodovias Infraestrutura e Logistica SA (A) | 9,993 | 12,518 | |||
EDP - Energias do Brasil SA | 10,367 | 41,629 | |||
Embraer SA (A) | 40,900 | 139,289 | |||
Enauta Participacoes SA | 7,100 | 23,804 | |||
Energisa SA | 7,068 | 60,309 | |||
Eneva SA (A) | 23,400 | 60,821 | |||
Engie Brasil Energia SA | 6,293 | 48,753 | |||
Equatorial Energia SA | 26,087 | 129,008 | |||
Even Construtora e Incorporadora SA | 7,057 | 8,223 | |||
Ez Tec Empreendimentos e Participacoes SA | 2,411 | 8,128 | |||
Fleury SA | 4,465 | 15,498 | |||
Gerdau SA, ADR | 9,492 | 46,226 | |||
Getnet Adquirencia e Servicos para Meios de Pagamento SA | 950 | 590 | |||
Grendene SA | 9,503 | 15,384 | |||
Grupo De Moda Soma SA (A) | 6,882 | 17,290 | |||
Grupo Mateus SA (A) | 9,496 | 10,941 | |||
Guararapes Confeccoes SA | 5,552 | 13,030 | |||
Hapvida Participacoes e Investimentos SA (B) | 25,799 | 60,390 | |||
Hypera SA | 7,232 | 46,914 | |||
International Meal Company Alimentacao SA (A) | 20,154 | 10,006 | |||
Iochpe Maxion SA | 8,200 | 20,667 | |||
IRB Brasil Resseguros S/A (A) | 27,087 | 15,982 | |||
Itau Unibanco Holding SA | 3,951 | 16,577 | |||
JBS SA | 20,883 | 146,281 | |||
JHSF Participacoes SA | 17,839 | 18,937 | |||
Klabin SA | 25,118 | 112,821 | |||
Light SA | 11,300 | 21,476 | |||
Localiza Rent a Car SA | 7,132 | 79,396 | |||
LOG Commercial Properties e Participacoes SA | 4,489 | 24,020 | |||
Lojas Renner SA | 16,449 | 81,305 | |||
M Dias Branco SA | 2,200 | 9,716 | |||
Magazine Luiza SA | 23,965 | 27,648 | |||
Mahle-Metal Leve SA | 2,100 | 10,918 | |||
Marfrig Global Foods SA | 5,100 | 22,075 | |||
Marisa Lojas SA (A) | 9,006 | 5,322 | |||
Minerva SA | 11,500 | 24,204 | |||
MRV Engenharia e Participacoes SA | 13,204 | 30,349 | |||
Multiplan Empreendimentos Imobiliarios SA | 8,400 | 35,707 | |||
Natura & Company Holding SA (A) | 9,264 | 41,340 | |||
Odontoprev SA | 8,109 | 18,074 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 2 |
Shares | Value | ||||
Brazil (continued) | |||||
Omega Energia SA (A) | 7,070 | $14,863 | |||
Petro Rio SA (A) | 11,300 | 57,428 | |||
Petroleo Brasileiro SA | 106,544 | 757,572 | |||
Porto Seguro SA | 12,168 | 49,398 | |||
Portobello SA | 64 | 107 | |||
Profarma Distribuidora de Produtos Farmaceuticos SA | 1,556 | 1,441 | |||
Qualicorp Consultoria e Corretora de Seguros SA | 8,857 | 21,989 | |||
Raia Drogasil SA | 14,740 | 66,730 | |||
Rumo SA (A) | 28,991 | 86,853 | |||
Sao Martinho SA | 9,885 | 76,417 | |||
Sendas Distribuidora SA | 24,785 | 64,517 | |||
Ser Educacional SA (B) | 3,448 | 7,398 | |||
SIMPAR SA | 1,600 | 3,250 | |||
SLC Agricola SA | 5,227 | 44,406 | |||
Sul America SA | 10,873 | 74,061 | |||
Suzano SA | 14,026 | 151,186 | |||
SYN prop e tech SA | 2,100 | 2,619 | |||
Tecnisa SA (A) | 4,240 | 2,857 | |||
Telefonica Brasil SA | 7,999 | 78,443 | |||
TIM SA | 30,300 | 80,370 | |||
TOTVS SA | 12,293 | 78,752 | |||
Transmissora Alianca de Energia Eletrica SA | 13,511 | 103,535 | |||
Tupy SA | 4,722 | 16,832 | |||
Ultrapar Participacoes SA | 20,753 | 58,365 | |||
Usinas Siderurgicas de Minas Gerais SA | 5,100 | 13,415 | |||
Vale SA | 98,170 | 1,821,415 | |||
Vibra Energia SA | 23,845 | 108,612 | |||
Vivara Participacoes SA | 1,900 | 9,614 | |||
Vulcabras Azaleia SA | 965 | 1,653 | |||
WEG SA | 15,364 | 87,049 | |||
XP, Inc., BDR (A) | 360 | 11,372 | |||
YDUQS Participacoes SA | 6,530 | 26,797 | |||
Chile 0.6% | 1,056,419 | ||||
Aguas Andinas SA, Class A | 72,703 | 15,334 | |||
Banco de Chile | 146,860 | 15,570 | |||
Banco de Chile, ADR | 1,901 | 40,320 | |||
Banco de Credito e Inversiones SA | 845 | 30,222 | |||
Banco Santander Chile | 1,033,736 | 50,760 | |||
Besalco SA | 30,504 | 9,153 | |||
CAP SA | 3,915 | 45,317 | |||
Cementos BIO BIO SA | 2,795 | 2,517 | |||
Cencosud SA | 37,573 | 69,080 | |||
Cencosud Shopping SA | 10,584 | 11,358 |
3 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Chile (continued) | |||||
Cia Cervecerias Unidas SA | 1,570 | $12,470 | |||
Cia Sud Americana de Vapores SA | 460,968 | 44,987 | |||
Colbun SA | 184,862 | 13,479 | |||
Cristalerias de Chile SA | 40,829 | 159,022 | |||
Empresa Nacional de Telecomunicaciones SA | 7,933 | 29,482 | |||
Empresas CMPC SA | 15,788 | 26,104 | |||
Empresas COPEC SA | 8,982 | 69,651 | |||
Enel Americas SA | 244,746 | 28,658 | |||
Enel Chile SA, ADR (C) | 7,792 | 13,324 | |||
Engie Energia Chile SA | 23,657 | 14,369 | |||
Falabella SA | 6,902 | 22,725 | |||
Forus SA | 5,056 | 6,068 | |||
Grupo Security SA | 64,841 | 9,933 | |||
Hortifrut SA | 2,899 | 3,101 | |||
Inversiones Aguas Metropolitanas SA | 29,967 | 14,999 | |||
Inversiones La Construccion SA | 2,123 | 8,503 | |||
Itau CorpBanca Chile SA (A) | 5,398,734 | 10,594 | |||
Molibdenos y Metales SA | 7,542 | 41,797 | |||
Multiexport Foods SA (A) | 12,750 | 3,671 | |||
Parque Arauco SA (A) | 17,834 | 17,798 | |||
PAZ Corp. SA | 60,171 | 23,443 | |||
Plaza SA | 6,102 | 6,560 | |||
Ripley Corp. SA | 79,393 | 13,205 | |||
Salfacorp SA | 20,240 | 7,117 | |||
Sigdo Koppers SA | 64,066 | 61,753 | |||
SMU SA | 80,372 | 8,055 | |||
Sociedad Matriz SAAM SA | 389,760 | 25,210 | |||
Socovesa SA | 306,550 | 37,800 | |||
SONDA SA | 29,383 | 10,421 | |||
Vina Concha y Toro SA | 15,327 | 22,489 | |||
China 25.7% | 48,522,616 | ||||
360 DigiTech, Inc., ADR | 2,183 | 40,931 | |||
360 Security Technology, Inc., Class A (A) | 6,800 | 11,329 | |||
361 Degrees International, Ltd. (A) | 46,000 | 22,615 | |||
3SBio, Inc. (A)(B) | 76,000 | 60,403 | |||
51job, Inc., ADR (A) | 755 | 39,109 | |||
AAC Technologies Holdings, Inc. | 40,500 | 110,735 | |||
AECC Aviation Power Company, Ltd., Class A | 2,400 | 19,287 | |||
Agile Group Holdings, Ltd. | 59,250 | 26,996 | |||
Agricultural Bank of China, Ltd., H Shares | 526,000 | 199,206 | |||
Aier Eye Hospital Group Company, Ltd., Class A | 9,200 | 53,244 | |||
Air China, Ltd., H Shares (A) | 60,000 | 46,145 | |||
Airtac International Group | 3,816 | 126,928 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 4 |
Shares | Value | ||||
China (continued) | |||||
AK Medical Holdings, Ltd. (B) | 14,000 | $9,642 | |||
Alibaba Group Holding, Ltd. (A) | 77,300 | 1,017,568 | |||
Alibaba Group Holding, Ltd., ADR (A) | 17,741 | 1,866,176 | |||
A-Living Smart City Services Company, Ltd. (B) | 22,000 | 39,435 | |||
Aluminum Corp. of China, Ltd., H Shares (A) | 162,000 | 114,505 | |||
Angang Steel Company, Ltd., H Shares | 70,200 | 34,910 | |||
Angel Yeast Company, Ltd., Class A | 2,600 | 20,641 | |||
Anhui Anke Biotechnology Group Company, Ltd., Class A | 11,600 | 19,873 | |||
Anhui Conch Cement Company, Ltd., H Shares | 47,500 | 254,910 | |||
Anhui Expressway Company, Ltd., H Shares | 20,000 | 19,080 | |||
Anhui Gujing Distillery Company, Ltd., Class A | 600 | 21,101 | |||
Anhui Honglu Steel Construction Group Company, Ltd., Class A | 2,200 | 17,183 | |||
Anhui Jinhe Industrial Company, Ltd., Class A | 1,700 | 10,933 | |||
Anhui Kouzi Distillery Company, Ltd., Class A | 2,200 | 26,452 | |||
Anjoy Foods Group Company, Ltd., Class A | 800 | 15,708 | |||
ANTA Sports Products, Ltd. | 21,000 | 320,738 | |||
Anton Oilfield Services Group (A)(C) | 144,000 | 8,816 | |||
Aowei Holdings, Ltd. (A)(D) | 9,116,000 | 618,263 | |||
Apeloa Pharmaceutical Company, Ltd., Class A | 1,900 | 8,568 | |||
Asia Cement China Holdings Corp. | 36,500 | 22,817 | |||
AsiaInfo Technologies, Ltd. (B) | 14,800 | 27,749 | |||
Asymchem Laboratories Tianjin Company, Ltd., Class A | 400 | 21,666 | |||
Autel Intelligent Technology Corp, Ltd., Class A | 1,143 | 9,528 | |||
Autobio Diagnostics Company, Ltd., Class A | 1,400 | 11,507 | |||
Avary Holding Shenzhen Company, Ltd., Class A | 4,100 | 22,615 | |||
AviChina Industry & Technology Company, Ltd., H Shares | 143,000 | 88,780 | |||
BAIC Motor Corp., Ltd., H Shares (B) | 84,000 | 29,347 | |||
Baidu, Inc., ADR (A) | 2,984 | 454,881 | |||
Baidu, Inc., Class A (A) | 2,600 | 49,077 | |||
BAIOO Family Interactive, Ltd. (B) | 78,000 | 5,803 | |||
Bank of Beijing Company, Ltd., Class A | 30,400 | 21,760 | |||
Bank of Chengdu Company, Ltd., Class A | 11,400 | 26,095 | |||
Bank of China, Ltd., H Shares | 1,638,075 | 637,706 | |||
Bank of Chongqing Company, Ltd., H Shares | 37,000 | 22,043 | |||
Bank of Communications Company, Ltd., H Shares | 204,858 | 140,436 | |||
Bank of Hangzhou Company, Ltd., Class A | 9,300 | 21,158 | |||
Bank of Jiangsu Company, Ltd., Class A | 20,800 | 21,977 | |||
Bank of Nanjing Company, Ltd., Class A | 20,700 | 32,081 | |||
Bank of Ningbo Company, Ltd., Class A | 12,760 | 77,224 | |||
Bank of Shanghai Company, Ltd., Class A | 11,200 | 12,425 | |||
Bank of Zhengzhou Company, Ltd., H Shares (A)(B) | 72,600 | 16,002 | |||
Baoshan Iron & Steel Company, Ltd., Class A | 68,600 | 78,699 | |||
Baozun, Inc., ADR (A) | 1,783 | 18,775 | |||
BBMG Corp., H Shares | 115,500 | 18,473 |
5 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
BeiGene, Ltd. (A)(C) | 5,400 | $87,508 | |||
Beijing Capital Eco-Environment Protection Group Company, Ltd., Class A | 35,500 | 19,542 | |||
Beijing Capital International Airport Company, Ltd., H Shares (A) | 82,415 | 52,788 | |||
Beijing Chunlizhengda Medical Instruments Company, Ltd., H Shares (A) | 7,250 | 9,963 | |||
Beijing Dabeinong Technology Group Company, Ltd., Class A | 17,700 | 23,305 | |||
Beijing Jingneng Clean Energy Company, Ltd., H Shares | 50,000 | 15,272 | |||
Beijing New Building Materials PLC, Class A | 4,400 | 20,888 | |||
Beijing North Star Company, Ltd., H Shares | 40,000 | 6,097 | |||
Beijing Wantai Biological Pharmacy Enterprise Company, Ltd., Class A | 800 | 32,042 | |||
Beijing Yanjing Brewery Company, Ltd., Class A | 15,200 | 18,357 | |||
Beijing Yuanliu Hongyuan Electronic Technology Company, Ltd., Class A | 500 | 12,824 | |||
BEST, Inc., ADR (A) | 10,734 | 7,515 | |||
Bethel Automotive Safety Systems Company, Ltd., Class A | 1,200 | 15,411 | |||
BGI Genomics Company, Ltd., Class A | 700 | 9,492 | |||
Bilibili, Inc., Class Z (A) | 3,180 | 99,344 | |||
Billion Industrial Holdings, Ltd. (A) | 12,000 | 7,928 | |||
Binjiang Service Group Company, Ltd. | 4,000 | 11,912 | |||
BOC International China Company, Ltd., Class A | 9,600 | 17,925 | |||
BOE Technology Group Company, Ltd., Class A | 110,800 | 82,770 | |||
BYD Company, Ltd., H Shares | 11,500 | 356,355 | |||
BYD Electronic International Company, Ltd. | 30,483 | 86,017 | |||
By-health Company, Ltd., Class A | 6,000 | 23,645 | |||
C&D Property Management Group Company, Ltd. (A) | 21,000 | 10,739 | |||
C&S Paper Company, Ltd., Class A | 7,300 | 17,003 | |||
CanSino Biologics, Inc., H Shares (A)(B) | 600 | 10,844 | |||
Central China Management Company, Ltd. | 54,538 | 7,310 | |||
Central China New Life, Ltd. (A) | 14,000 | 8,547 | |||
Central China Real Estate, Ltd. | 54,538 | 4,478 | |||
Central China Securities Company, Ltd., H Shares | 53,000 | 9,713 | |||
CGN Power Company, Ltd., H Shares (B) | 204,000 | 57,836 | |||
Changchun High & New Technology Industry Group, Inc., Class A | 1,000 | 29,043 | |||
Changzhou Xingyu Automotive Lighting Systems Company, Ltd., Class A | 900 | 22,001 | |||
Chaowei Power Holdings, Ltd. | 37,000 | 9,275 | |||
Chaozhou Three-Circle Group Company, Ltd., Class A | 1,700 | 9,424 | |||
Cheetah Mobile, Inc., ADR (A) | 1,459 | 1,868 | |||
Chengdu Kanghua Biological Products Company, Ltd., Class A | 500 | 18,538 | |||
Chengdu Wintrue Holding Company, Ltd., Class A | 8,400 | 18,811 | |||
Chengtun Mining Group Company, Ltd., Class A | 13,900 | 24,325 | |||
Chifeng Jilong Gold Mining Company, Ltd., Class A (A) | 8,700 | 21,670 | |||
China Animal Healthcare, Ltd. (A)(D) | 182,000 | 233 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 6 |
Shares | Value | ||||
China (continued) | |||||
China BlueChemical, Ltd., H Shares | 101,000 | $30,243 | |||
China Bohai Bank Company, Ltd., H Shares (B) | 54,500 | 9,088 | |||
China Cinda Asset Management Company, Ltd., H Shares | 384,000 | 69,317 | |||
China CITIC Bank Corp., Ltd., H Shares | 239,962 | 112,761 | |||
China Coal Energy Company, Ltd., H Shares | 89,000 | 55,477 | |||
China Communications Services Corp., Ltd., H Shares | 109,200 | 59,909 | |||
China Conch Venture Holdings, Ltd. | 44,000 | 211,739 | |||
China Construction Bank Corp., H Shares | 2,601,000 | 1,950,659 | |||
China CSSC Holdings, Ltd., Class A | 5,400 | 18,790 | |||
China Datang Corp. Renewable Power Company, Ltd., H Shares | 108,000 | 40,926 | |||
China Development Bank Financial Leasing Company, Ltd., H Shares (B) | 72,000 | 10,336 | |||
China Dili Group (A)(C) | 120,400 | 37,414 | |||
China Dongxiang Group Company, Ltd. | 152,000 | 11,471 | |||
China Eastern Airlines Corp., Ltd., ADR (A) | 1,460 | 27,448 | |||
China Eastern Airlines Corp., Ltd., H Shares (A) | 36,000 | 13,978 | |||
China Electronics Optics Valley Union Holding Company, Ltd. | 184,000 | 8,943 | |||
China Energy Engineering Corp., Ltd., H Shares | 172,000 | 28,191 | |||
China Everbright Bank Company, Ltd., H Shares | 96,000 | 35,703 | |||
China Feihe, Ltd. (B) | 89,000 | 106,200 | |||
China Galaxy Securities Company, Ltd., H Shares | 120,500 | 68,972 | |||
China Greatwall Technology Group Company, Ltd., Class A | 9,800 | 20,751 | |||
China Hanking Holdings, Ltd. | 54,000 | 10,154 | |||
China Harmony Auto Holding, Ltd. | 30,500 | 14,425 | |||
China Hongqiao Group, Ltd. | 88,500 | 123,901 | |||
China Huarong Asset Management Company, Ltd., H Shares (A)(B) | 733,000 | 38,458 | |||
China Huiyuan Juice Group, Ltd. (A)(D) | 141,000 | 9,112 | |||
China International Capital Corp., Ltd., H Shares (B) | 42,800 | 104,129 | |||
China International Marine Containers Group Company, Ltd., H Shares | 23,220 | 38,546 | |||
China Isotope & Radiation Corp. | 3,200 | 9,440 | |||
China Jushi Company, Ltd., Class A | 12,900 | 35,054 | |||
China Kepei Education Group, Ltd. | 28,000 | 8,400 | |||
China Lesso Group Holdings, Ltd. | 62,000 | 95,454 | |||
China Life Insurance Company, Ltd., H Shares | 128,000 | 212,049 | |||
China Lilang, Ltd. | 25,000 | 13,888 | |||
China Literature, Ltd. (A)(B) | 8,000 | 43,417 | |||
China Logistics Property Holdings Company, Ltd. (A)(B) | 21,000 | 11,636 | |||
China Longyuan Power Group Corp., Ltd., H Shares | 64,000 | 132,070 | |||
China Maple Leaf Educational Systems, Ltd. (A) | 56,000 | 2,953 | |||
China Medical System Holdings, Ltd. | 65,800 | 117,167 | |||
China Meidong Auto Holdings, Ltd. | 26,000 | 122,421 | |||
China Merchants Bank Company, Ltd., H Shares | 107,961 | 910,037 | |||
China Merchants Securities Company, Ltd., H Shares (B) | 10,540 | 13,304 |
7 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
China Merchants Shekou Industrial Zone Holdings Company, Ltd., Class A | 12,900 | $27,691 | |||
China Minsheng Banking Corp., Ltd., H Shares (C) | 94,840 | 36,940 | |||
China Modern Dairy Holdings, Ltd. | 167,000 | 30,862 | |||
China Molybdenum Company, Ltd., H Shares | 114,000 | 68,617 | |||
China National Building Material Company, Ltd., H Shares | 188,600 | 241,942 | |||
China National Chemical Engineering Company, Ltd., Class A | 12,300 | 20,428 | |||
China National Medicines Corp, Ltd., Class A | 4,400 | 19,438 | |||
China National Nuclear Power Company, Ltd., Class A | 41,600 | 48,981 | |||
China New Higher Education Group, Ltd. (B) | 42,000 | 15,429 | |||
China Northern Rare Earth Group High-Tech Company, Ltd., Class A | 5,800 | 45,664 | |||
China Oilfield Services, Ltd., H Shares | 78,000 | 88,920 | |||
China Oriental Group Company, Ltd. | 84,000 | 24,417 | |||
China Pacific Insurance Group Company, Ltd., H Shares | 67,200 | 187,124 | |||
China Petroleum & Chemical Corp., H Shares | 448,000 | 222,874 | |||
China Railway Group, Ltd., H Shares | 132,000 | 77,505 | |||
China Railway Signal & Communication Corp., Ltd., H Shares (B) | 76,000 | 27,696 | |||
China Reinsurance Group Corp., H Shares | 156,000 | 14,993 | |||
China Resources Medical Holdings Company, Ltd. | 33,500 | 18,885 | |||
China Resources Pharmaceutical Group, Ltd. (B) | 75,500 | 37,343 | |||
China Risun Group, Ltd. | 49,000 | 30,524 | |||
China Sanjiang Fine Chemicals Company, Ltd. | 41,000 | 10,831 | |||
China SCE Group Holdings, Ltd. | 98,000 | 19,676 | |||
China Shenhua Energy Company, Ltd., H Shares | 113,000 | 311,426 | |||
China Shineway Pharmaceutical Group, Ltd. | 17,000 | 13,910 | |||
China Southern Airlines Company, Ltd., H Shares (A) | 34,000 | 21,511 | |||
China State Construction Engineering Corp., Ltd., Class A | 86,800 | 70,185 | |||
China Suntien Green Energy Corp., Ltd., H Shares | 59,000 | 39,302 | |||
China Taifeng Beddings Holdings, Ltd. (A)(D) | 46,000 | 2,861 | |||
China Tianrui Group Cement Company, Ltd. (A) | 25,000 | 20,796 | |||
China Tourism Group Duty Free Corp., Ltd., Class A | 2,700 | 87,287 | |||
China Tower Corp., Ltd., H Shares (B) | 1,212,000 | 141,263 | |||
China TransInfo Technology Company, Ltd., Class A | 9,600 | 21,229 | |||
China Vanke Company, Ltd., H Shares | 62,781 | 149,116 | |||
China XLX Fertiliser, Ltd. | 50,000 | 38,584 | |||
China Yangtze Power Company, Ltd., Class A | 30,800 | 113,420 | |||
China Yongda Automobiles Services Holdings, Ltd. | 52,000 | 60,669 | |||
China Yuhua Education Corp., Ltd. (B) | 28,000 | 7,249 | |||
China ZhengTong Auto Services Holdings, Ltd. (A)(C) | 72,500 | 5,497 | |||
China Zhongwang Holdings, Ltd. (A)(D) | 54,200 | 11,652 | |||
Chinasoft International, Ltd. (A) | 104,000 | 94,890 | |||
Chlitina Holding, Ltd. | 2,000 | 15,080 | |||
Chongqing Brewery Company, Ltd., Class A (A) | 1,100 | 23,379 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 8 |
Shares | Value | ||||
China (continued) | |||||
Chongqing Changan Automobile Company, Ltd., Class A | 7,100 | $14,694 | |||
Chongqing Fuling Electric Power Industrial Company, Ltd., Class A | 8,900 | 23,502 | |||
Chongqing Rural Commercial Bank Company, Ltd., H Shares | 152,000 | 56,069 | |||
Chongqing Zhifei Biological Products Company, Ltd., Class A | 2,800 | 57,502 | |||
CIFI Ever Sunshine Services Group, Ltd. | 28,000 | 50,920 | |||
CIFI Holdings Group Company, Ltd. | 185,477 | 129,224 | |||
CITIC Securities Company, Ltd., H Shares | 46,575 | 112,837 | |||
CITIC, Ltd. | 96,923 | 113,102 | |||
CNNC Hua Yuan Titanium Dioxide Company, Ltd., Class A | 12,002 | 21,350 | |||
COFCO Joycome Foods, Ltd. (A) | 75,000 | 32,720 | |||
Cogobuy Group (A)(B) | 44,000 | 13,284 | |||
Colour Life Services Group Company, Ltd. (A)(C) | 40,102 | 4,015 | |||
Consun Pharmaceutical Group, Ltd. | 29,000 | 13,811 | |||
Contemporary Amperex Technology Company, Ltd., Class A | 2,100 | 180,048 | |||
COSCO SHIPPING Development Company, Ltd., H Shares | 181,000 | 33,743 | |||
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares | 84,000 | 40,063 | |||
COSCO SHIPPING Holdings Company, Ltd., H Shares (A)(C) | 112,450 | 227,287 | |||
Country Garden Holdings Company, Ltd. | 285,076 | 221,485 | |||
Country Garden Services Holdings Company, Ltd. | 29,642 | 177,317 | |||
CPMC Holdings, Ltd. | 27,000 | 14,932 | |||
CRRC Corp., Ltd., H Shares | 51,000 | 22,666 | |||
CSC Financial Company, Ltd., H Shares (B) | 31,000 | 32,946 | |||
CSPC Pharmaceutical Group, Ltd. | 327,680 | 388,420 | |||
CT Environmental Group, Ltd. (A)(D) | 154,000 | 2,345 | |||
DaFa Properties Group, Ltd. (C) | 13,000 | 6,198 | |||
Dali Foods Group Company, Ltd. (B) | 117,000 | 61,622 | |||
DaShenLin Pharmaceutical Group Company, Ltd., Class A | 1,600 | 9,054 | |||
Datang International Power Generation Company, Ltd., H Shares | 132,000 | 26,041 | |||
Dexin China Holdings Company, Ltd. (A) | 60,000 | 22,182 | |||
DHC Software Company, Ltd., Class A | 18,500 | 24,277 | |||
Differ Group Holding Company, Ltd. (A) | 146,000 | 45,077 | |||
Dongfang Electric Corp., Ltd., H Shares | 18,600 | 23,417 | |||
Dongfeng Motor Group Company, Ltd., H Shares | 104,000 | 89,516 | |||
Dongyue Group, Ltd. | 56,000 | 81,242 | |||
DouYu International Holdings, Ltd., ADR (A) | 3,157 | 6,503 | |||
Dynagreen Environmental Protection Group Company, Ltd., H Shares | 26,000 | 12,774 | |||
East Money Information Company, Ltd., Class A | 11,000 | 46,928 | |||
Ecovacs Robotics Company, Ltd., Class A | 900 | 19,452 | |||
Edvantage Group Holdings, Ltd. | 24,000 | 9,877 | |||
ENN Energy Holdings, Ltd. | 17,000 | 246,201 | |||
ENN Natural Gas Company, Ltd., Class A | 8,000 | 22,640 | |||
Eve Energy Company, Ltd., Class A | 1,500 | 21,546 | |||
Everbright Securities Company, Ltd., H Shares (B) | 9,800 | 7,294 |
9 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Fang Holdings, Ltd., ADR (A) | 234 | $894 | |||
Fanhua, Inc., ADR (C) | 1,300 | 8,684 | |||
FAW Jiefang Group Company, Ltd., Class A | 12,100 | 17,861 | |||
Fiberhome Telecommunication Technologies Company, Ltd., Class A | 7,700 | 21,061 | |||
Fibocom Wireless, Inc., Class A | 1,500 | 11,101 | |||
FIH Mobile, Ltd. (A) | 68,000 | 10,032 | |||
Flat Glass Group Company, Ltd., H Shares | 9,000 | 37,217 | |||
Focus Media Information Technology Company, Ltd., Class A | 32,100 | 39,091 | |||
Foshan Haitian Flavouring & Food Company, Ltd., Class A | 5,270 | 83,132 | |||
Fosun International, Ltd. | 71,693 | 77,787 | |||
Foxconn Industrial Internet Company, Ltd., Class A | 11,600 | 20,578 | |||
Fu Shou Yuan International Group, Ltd. | 53,000 | 39,288 | |||
Fufeng Group, Ltd. (A) | 120,000 | 44,931 | |||
Fuguiniao Company, Ltd., H Shares (A)(D) | 116,600 | 5,789 | |||
Fujian Funeng Company, Ltd., Class A | 9,100 | 19,948 | |||
Fujian Sunner Development Company, Ltd., Class A (A) | 5,400 | 16,922 | |||
Fuyao Glass Industry Group Company, Ltd., H Shares (B) | 15,600 | 76,535 | |||
Ganfeng Lithium Company, Ltd., H Shares (B) | 2,600 | 44,128 | |||
GDS Holdings, Ltd., ADR (A) | 1,617 | 71,989 | |||
Genertec Universal Medical Group Company, Ltd. (B) | 51,500 | 36,399 | |||
GF Securities Company, Ltd., H Shares | 27,800 | 41,736 | |||
Gigadevice Semiconductor Beijing, Inc., Class A | 1,000 | 24,509 | |||
Ginlong Technologies Company, Ltd., Class A | 600 | 24,248 | |||
Glory Land Company, Ltd. (A) | 53,000 | 1,878 | |||
GoerTek, Inc., Class A | 6,200 | 43,449 | |||
Golden Eagle Retail Group, Ltd. | 26,000 | 18,326 | |||
GOME Retail Holdings, Ltd. (A) | 247,000 | 18,381 | |||
Grand Baoxin Auto Group, Ltd. (A) | 48,950 | 3,823 | |||
Great Wall Motor Company, Ltd., H Shares | 48,000 | 101,054 | |||
Greatview Aseptic Packaging Company, Ltd. | 54,000 | 19,184 | |||
Gree Electric Appliances, Inc. of Zhuhai, Class A | 10,700 | 62,444 | |||
Greenland Hong Kong Holdings, Ltd. | 76,250 | 13,053 | |||
Greentown China Holdings, Ltd. | 54,000 | 81,113 | |||
Greentown Service Group Company, Ltd. | 56,000 | 56,253 | |||
Guangdong Haid Group Company, Ltd., Class A | 2,700 | 28,291 | |||
Guangdong Kinlong Hardware Products Company, Ltd., Class A | 900 | 15,122 | |||
Guangdong Xinbao Electrical Appliances Holdings Company, Ltd., Class A | 5,500 | 16,644 | |||
Guanghui Energy Company, Ltd., Class A (A) | 23,200 | 26,452 | |||
Guangshen Railway Company, Ltd., H Shares (A) | 137,200 | 24,610 | |||
Guangzhou Automobile Group Company, Ltd., H Shares | 46,000 | 45,542 | |||
Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., H Shares | 12,000 | 32,074 | |||
Guangzhou Kingmed Diagnostics Group Company, Ltd., Class A | 1,200 | 16,045 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 10 |
Shares | Value | ||||
China (continued) | |||||
Guangzhou R&F Properties Company, Ltd., H Shares (C) | 96,199 | $40,952 | |||
Guangzhou Shiyuan Electronic Technology Company, Ltd., Class A | 1,000 | 13,650 | |||
Guangzhou Tinci Materials Technology Company, Ltd., Class A | 1,000 | 16,987 | |||
Guangzhou Wondfo Biotech Company, Ltd., Class A | 3,500 | 25,736 | |||
Guosen Securities Company, Ltd., Class A | 12,000 | 19,759 | |||
Guotai Junan Securities Company, Ltd., H Shares (B) | 9,000 | 13,264 | |||
Haichang Ocean Park Holdings, Ltd. (A)(B) | 86,000 | 31,739 | |||
Haier Smart Home Company, Ltd., H Shares | 55,400 | 194,126 | |||
Hailiang Education Group, Inc., ADR (A) | 767 | 10,531 | |||
Hainan Meilan International Airport Company, Ltd., H Shares (A) | 7,000 | 19,801 | |||
Haitian International Holdings, Ltd. | 30,000 | 79,929 | |||
Haitong Securities Company, Ltd., H Shares | 60,000 | 51,629 | |||
Hang Zhou Great Star Industrial Company, Ltd., Class A (A) | 5,300 | 16,883 | |||
Hangjin Technology Company, Ltd., Class A | 2,100 | 12,170 | |||
Hangzhou First Applied Material Company, Ltd., Class A | 1,000 | 18,995 | |||
Hangzhou Oxygen Plant Group Company, Ltd., Class A | 3,300 | 14,637 | |||
Hangzhou Robam Appliances Company, Ltd., Class A | 3,800 | 20,117 | |||
Hangzhou Silan Microelectronics Company, Ltd., Class A | 2,600 | 23,788 | |||
Hangzhou Tigermed Consulting Company, Ltd., H Shares (B) | 1,600 | 18,002 | |||
Han’s Laser Technology Industry Group Company, Ltd., Class A | 1,800 | 14,034 | |||
Hansoh Pharmaceutical Group Company, Ltd. (B) | 24,000 | 51,233 | |||
Harbin Bank Company, Ltd., H Shares (A)(B) | 190,000 | 18,723 | |||
Harbin Electric Company, Ltd., H Shares (A) | 44,000 | 15,549 | |||
Harmonicare Medical Holdings, Ltd. (A)(B)(D) | 44,000 | 6,892 | |||
HC Group, Inc. (A)(C) | 53,500 | 4,665 | |||
Hebei Construction Group Corp., Ltd., H Shares | 6,500 | 1,172 | |||
Hefei Meiya Optoelectronic Technology, Inc., Class A | 3,400 | 19,529 | |||
Hello Group, Inc., ADR | 9,177 | 87,457 | |||
Henan Shenhuo Coal & Power Company, Ltd., Class A | 4,300 | 9,078 | |||
Henan Shuanghui Investment & Development Company, Ltd., Class A | 7,600 | 34,812 | |||
Hengan International Group Company, Ltd. | 37,000 | 196,221 | |||
Hengli Petrochemical Company, Ltd., Class A | 16,600 | 66,089 | |||
Hengyi Petrochemical Company, Ltd., Class A | 12,200 | 19,472 | |||
Hisense Home Appliances Group Company, Ltd., H Shares | 19,000 | 21,324 | |||
Hithink RoyalFlush Information Network Company, Ltd., Class A | 1,100 | 18,909 | |||
Hongfa Technology Company, Ltd., Class A | 2,100 | 21,007 | |||
Honghua Group, Ltd. (A) | 191,000 | 6,776 | |||
Honworld Group, Ltd. (A)(B)(D) | 20,500 | 7,248 | |||
Hope Education Group Company, Ltd. (B) | 88,000 | 8,941 | |||
HOSA International, Ltd. (A)(D) | 86,000 | 2,074 | |||
Hua Hong Semiconductor, Ltd. (A)(B) | 14,000 | 72,937 | |||
Huadian Power International Corp., Ltd., H Shares | 84,000 | 31,750 | |||
Huadong Medicine Company, Ltd., Class A | 2,300 | 13,889 |
11 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Huafon Chemical Company, Ltd., Class A | 10,200 | $15,615 | |||
Huaibei Mining Holdings Company, Ltd., Class A | 10,700 | 22,739 | |||
Hualan Biological Engineering, Inc., Class A | 4,900 | 20,026 | |||
Huaneng Power International, Inc., H Shares | 98,000 | 57,528 | |||
Huatai Securities Company, Ltd., H Shares (B) | 25,800 | 42,242 | |||
Huaxin Cement Company, Ltd., Class A | 6,500 | 21,168 | |||
Huayu Automotive Systems Company, Ltd., Class A | 5,700 | 23,013 | |||
Huazhu Group, Ltd., ADR (A) | 1,981 | 81,934 | |||
Hubei Jumpcan Pharmaceutical Company, Ltd., Class A | 5,200 | 20,826 | |||
Hubei Xingfa Chemicals Group Company, Ltd., Class A | 2,700 | 17,728 | |||
Huishang Bank Corp., Ltd., H Shares (A) | 40,200 | 13,240 | |||
Humanwell Healthcare Group Company, Ltd., Class A | 6,900 | 20,454 | |||
Hunan Valin Steel Company, Ltd., Class A | 12,600 | 11,671 | |||
Hundsun Technologies, Inc., Class A | 2,200 | 18,301 | |||
HUYA, Inc., ADR (A) | 1,323 | 6,946 | |||
Hygeia Healthcare Holdings Company, Ltd. (B) | 2,400 | 13,103 | |||
iDreamSky Technology Holdings, Ltd. (A)(B) | 24,800 | 17,928 | |||
Iflytek Company, Ltd., Class A | 2,300 | 17,989 | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 1,260,000 | 752,163 | |||
Industrial Bank Company, Ltd., Class A | 30,300 | 106,249 | |||
Industrial Securities Company, Ltd., Class A | 15,700 | 20,440 | |||
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A (A) | 39,800 | 17,003 | |||
Inner Mongolia Dian Tou Energy Corp, Ltd., Class A | 8,400 | 22,200 | |||
Inner Mongolia Junzheng Energy & Chemical Industry Group Company, Ltd., Class A | 16,800 | 13,236 | |||
Inner Mongolia Yili Industrial Group Company, Ltd., Class A | 12,400 | 77,849 | |||
Inner Mongolia Yitai Coal Company, Ltd., H Shares | 373,700 | 324,978 | |||
Innovent Biologics, Inc. (A)(B) | 15,500 | 69,951 | |||
Inspur Electronic Information Industry Company, Ltd., Class A | 2,600 | 13,608 | |||
Intco Medical Technology Company, Ltd., Class A | 1,900 | 15,450 | |||
iQIYI, Inc., ADR (A) | 7,664 | 31,729 | |||
JA Solar Technology Company, Ltd., Class A | 1,900 | 28,812 | |||
Jafron Biomedical Company, Ltd., Class A | 2,200 | 16,028 | |||
Jason Furniture Hangzhou Company, Ltd., Class A | 2,100 | 23,529 | |||
JCET Group Company, Ltd., Class A | 2,400 | 10,731 | |||
JD.com, Inc., ADR (A) | 6,817 | 488,302 | |||
JD.com, Inc., Class A (A) | 5,238 | 187,102 | |||
Jiangsu Expressway Company, Ltd., H Shares | 40,000 | 42,798 | |||
Jiangsu Hengli Hydraulic Company, Ltd., Class A | 1,500 | 16,003 | |||
Jiangsu Hengrui Medicine Company, Ltd., Class A | 5,400 | 34,421 | |||
Jiangsu Jiejie Microelectronics Company, Ltd., Class A | 4,400 | 19,886 | |||
Jiangsu King’s Luck Brewery JSC, Ltd., Class A | 1,400 | 11,626 | |||
Jiangsu Shuangxing Color Plastic New Materials Company, Ltd., Class A | 3,900 | 15,256 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 12 |
Shares | Value | ||||
China (continued) | |||||
Jiangsu Yanghe Brewery Joint-Stock Company, Ltd., Class A | 2,500 | $65,632 | |||
Jiangsu Yangnong Chemical Company, Ltd., Class A | 600 | 11,879 | |||
Jiangsu Yuyue Medical Equipment & Supply Company, Ltd., Class A | 3,800 | 17,688 | |||
Jiangxi Copper Company, Ltd., H Shares | 31,000 | 55,800 | |||
Jiangxi Zhengbang Technology Company, Ltd., Class A | 16,100 | 17,644 | |||
Jingjin Environmental Protection Company, Ltd., Class A | 2,300 | 15,012 | |||
Jingrui Holdings, Ltd. (A)(C) | 40,000 | 9,660 | |||
Jinke Properties Group Company, Ltd., Class A | 28,800 | 20,577 | |||
JinkoSolar Holding Company, Ltd., ADR (A)(C) | 2,163 | 109,469 | |||
JiuGui Liquor Company, Ltd., Class A | 600 | 16,319 | |||
Jiumaojiu International Holdings, Ltd. (B) | 27,000 | 60,656 | |||
JNBY Design, Ltd. | 10,500 | 14,174 | |||
Joincare Pharmaceutical Group Industry Company, Ltd., Class A | 10,800 | 21,031 | |||
Joinn Laboratories China Company, Ltd., Class A | 1,400 | 25,577 | |||
Jointown Pharmaceutical Group Company, Ltd., Class A | 4,600 | 9,730 | |||
Jonjee Hi-Tech Industrial And Commercial Holding Company, Ltd., Class A | 4,400 | 24,157 | |||
Juewei Food Company, Ltd., Class A | 2,000 | 16,815 | |||
Kasen International Holdings, Ltd. (A) | 50,000 | 4,239 | |||
Kehua Data Company, Ltd., Class A | 3,700 | 19,539 | |||
Kinetic Development Group, Ltd. | 156,000 | 11,588 | |||
Kingdee International Software Group Company, Ltd. (A) | 29,000 | 71,678 | |||
Kingfa Sci & Tech Company, Ltd., Class A | 8,600 | 14,715 | |||
Kingsoft Corp., Ltd. | 31,600 | 118,178 | |||
Kweichow Moutai Company, Ltd., Class A | 1,600 | 455,437 | |||
KWG Group Holdings, Ltd. | 74,012 | 34,654 | |||
KWG Living Group Holdings, Ltd. | 58,006 | 24,029 | |||
Lakala Payment Company, Ltd., Class A | 3,500 | 15,006 | |||
Laobaixing Pharmacy Chain JSC, Class A | 3,100 | 20,969 | |||
LB Group Company, Ltd., Class A | 7,298 | 30,854 | |||
Legend Holdings Corp., H Shares (B) | 21,600 | 30,387 | |||
Lenovo Group, Ltd. | 276,000 | 307,345 | |||
Lens Technology Company, Ltd., Class A | 15,000 | 34,732 | |||
Lepu Medical Technology Beijing Company, Ltd., Class A | 3,100 | 10,597 | |||
LexinFintech Holdings, Ltd., ADR (A) | 6,813 | 24,186 | |||
Li Auto, Inc., ADR (A) | 378 | 11,510 | |||
Li Ning Company, Ltd. | 41,500 | 414,509 | |||
Lifetech Scientific Corp. (A) | 130,000 | 51,592 | |||
Lingyi iTech Guangdong Company, Class A (A) | 20,100 | 19,201 | |||
Link Motion, Inc., ADR (A)(D) | 6,959 | 964 | |||
Livzon Pharmaceutical Group, Inc., H Shares | 6,300 | 23,646 | |||
Logan Group Company, Ltd. (C) | 71,000 | 23,591 | |||
Longfor Group Holdings, Ltd. (B) | 62,000 | 331,547 | |||
LONGi Green Energy Technology Company, Ltd., Class A | 7,400 | 92,196 |
13 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Lonking Holdings, Ltd. | 122,000 | $32,516 | |||
Luoyang Glass Company, Ltd., H Shares (A) | 12,000 | 20,774 | |||
Luoyang Xinqianglian Slewing Bearing Company, Ltd., Class A | 800 | 19,340 | |||
Luxi Chemical Group Company, Ltd., Class A | 6,100 | 16,316 | |||
Luxshare Precision Industry Company, Ltd., Class A | 11,500 | 79,826 | |||
Luye Pharma Group, Ltd. (A)(B) | 111,500 | 45,043 | |||
Luzhou Laojiao Company, Ltd., Class A | 2,000 | 69,139 | |||
Maanshan Iron & Steel Company, Ltd., H Shares | 54,000 | 22,201 | |||
Mango Excellent Media Company, Ltd., Class A | 4,800 | 26,179 | |||
Maoyan Entertainment (A)(B) | 9,000 | 9,836 | |||
Meitu, Inc. (A)(B) | 105,500 | 17,012 | |||
Meituan, Class B (A)(B) | 21,300 | 473,183 | |||
Metallurgical Corp. of China, Ltd., H Shares | 93,000 | 28,287 | |||
Microport Scientific Corp. | 3,000 | 8,345 | |||
Midea Group Company, Ltd., Class A | 12,400 | 131,846 | |||
Ming Yang Smart Energy Group, Ltd., Class A | 5,300 | 21,814 | |||
Minth Group, Ltd. | 42,000 | 151,864 | |||
MLS Company, Ltd., Class A | 9,400 | 19,483 | |||
Muyuan Foods Company, Ltd., Class A | 9,700 | 88,342 | |||
NARI Technology Company, Ltd., Class A | 5,100 | 28,812 | |||
NAURA Technology Group Company, Ltd., Class A | 400 | 19,408 | |||
NetDragon Websoft Holdings, Ltd. | 14,000 | 31,394 | |||
NetEase, Inc., ADR | 6,828 | 650,982 | |||
New Century Healthcare Holding Company, Ltd. (A)(B) | 31,500 | 4,364 | |||
New China Life Insurance Company, Ltd., H Shares | 34,100 | 97,590 | |||
New Hope Liuhe Company, Ltd., Class A (A) | 12,100 | 29,628 | |||
New Oriental Education & Technology Group, Inc., ADR (A) | 8,865 | 13,386 | |||
Newborn Town, Inc. (A) | 20,000 | 11,282 | |||
Ningbo Joyson Electronic Corp., Class A | 7,800 | 22,519 | |||
Ningxia Baofeng Energy Group Company, Ltd., Class A | 17,400 | 48,510 | |||
NIO, Inc., ADR (A) | 8,436 | 192,678 | |||
Niu Technologies, ADR (A) | 2,230 | 27,741 | |||
Noah Holdings, Ltd., ADR (A) | 409 | 11,599 | |||
NVC International Holdings, Ltd. (A)(C) | 168,000 | 3,579 | |||
Oppein Home Group, Inc., Class A | 600 | 12,044 | |||
Orient Securities Company, Ltd., H Shares (B) | 29,200 | 21,190 | |||
Ovctek China, Inc., Class A | 900 | 5,880 | |||
Pengdu Agriculture & Animal Husbandry Company, Ltd., Class A (A) | 39,200 | 21,766 | |||
PetroChina Company, Ltd., H Shares | 696,000 | 372,796 | |||
Pharmaron Beijing Company, Ltd., H Shares (B) | 2,600 | 31,523 | |||
PICC Property & Casualty Company, Ltd., H Shares | 166,894 | 176,171 | |||
Pinduoduo, Inc., ADR (A) | 1,984 | 102,890 | |||
Ping An Bank Company, Ltd., Class A | 29,400 | 73,635 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 14 |
Shares | Value | ||||
China (continued) | |||||
Ping An Healthcare and Technology Company, Ltd. (A)(B)(C) | 8,800 | $27,270 | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 228,500 | 1,771,713 | |||
Poly Developments and Holdings Group Company, Ltd., Class A | 10,800 | 27,073 | |||
Poly Property Services Company, Ltd., H Shares | 3,400 | 24,107 | |||
Postal Savings Bank of China Company, Ltd., H Shares (B) | 154,000 | 126,447 | |||
Power Construction Corp. of China, Ltd., Class A | 17,500 | 21,387 | |||
Powerlong Commercial Management Holdings, Ltd. | 5,500 | 9,625 | |||
Powerlong Real Estate Holdings, Ltd. | 71,000 | 34,032 | |||
Proya Cosmetics Company, Ltd., Class A | 700 | 20,676 | |||
Q Technology Group Company, Ltd. | 23,000 | 21,721 | |||
Qingling Motors Company, Ltd., H Shares | 34,000 | 6,574 | |||
Qunxing Paper Holdings Company, Ltd. (A)(D) | 969,268 | 0 | |||
Red Star Macalline Group Corp., Ltd., H Shares (A)(B) | 15,268 | 7,174 | |||
Redco Properties Group, Ltd. (B) | 46,000 | 12,608 | |||
Redsun Properties Group, Ltd. | 30,000 | 8,608 | |||
Rongsheng Petrochemical Company, Ltd., Class A | 36,400 | 109,490 | |||
Ronshine China Holdings, Ltd. (A)(C) | 33,000 | 10,568 | |||
SAIC Motor Corp., Ltd., Class A | 6,500 | 18,760 | |||
Sailun Group Company, Ltd., Class A | 9,200 | 17,664 | |||
Sanan Optoelectronics Company, Ltd., Class A | 4,100 | 18,680 | |||
Sany Heavy Equipment International Holdings Company, Ltd. | 61,000 | 63,257 | |||
Sany Heavy Industry Company, Ltd., Class A | 27,200 | 85,073 | |||
Satellite Chemical Company, Ltd., Class A | 4,800 | 34,451 | |||
Seazen Group, Ltd. (A) | 134,095 | 70,756 | |||
Seazen Holdings Company, Ltd., Class A | 5,600 | 26,809 | |||
Secoo Holding, Ltd., ADR (A) | 313 | 125 | |||
S-Enjoy Service Group Company, Ltd. (A) | 12,000 | 20,071 | |||
SF Holding Company, Ltd., Class A | 7,100 | 68,183 | |||
SG Micro Corp., Class A | 200 | 11,079 | |||
Shaanxi Coal Industry Company, Ltd., Class A | 29,500 | 66,709 | |||
Shan Xi Hua Yang Group New Energy Company, Ltd., Class A | 10,700 | 20,441 | |||
Shandong Buchang Pharmaceuticals Company, Ltd., Class A | 6,700 | 22,168 | |||
Shandong Chenming Paper Holdings, Ltd., H Shares (C) | 19,376 | 9,367 | |||
Shandong Gold Mining Company, Ltd., H Shares (B) | 21,500 | 40,373 | |||
Shandong Hualu Hengsheng Chemical Company, Ltd., Class A | 3,800 | 21,366 | |||
Shandong Linglong Tyre Company, Ltd., Class A | 2,000 | 8,913 | |||
Shandong Pharmaceutical Glass Company, Ltd., Class A | 3,900 | 19,390 | |||
Shandong Shida Shenghua Chemical Group Company, Ltd., Class A | 800 | 23,390 | |||
Shandong Sun Paper Industry JSC, Ltd., Class A | 12,200 | 23,839 | |||
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares | 96,000 | 132,556 | |||
Shanghai Bailian Group Company, Ltd., Class A | 10,200 | 18,406 | |||
Shanghai Bairun Investment Holding Group Company, Ltd., Class A | 2,200 | 15,868 | |||
Shanghai Baosight Software Company, Ltd., Class A | 1,000 | 8,562 |
15 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Shanghai Belling Company, Ltd., Class A | 4,500 | $16,363 | |||
Shanghai Construction Group Company, Ltd., Class A | 37,800 | 19,619 | |||
Shanghai Electric Group Company, Ltd., H Shares | 92,000 | 25,803 | |||
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares | 12,000 | 48,114 | |||
Shanghai Fudan Microelectronics Group Company, Ltd., H Shares (A)(C) | 12,000 | 32,393 | |||
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Company, Ltd., H Shares | 28,000 | 13,898 | |||
Shanghai Haohai Biological Technology Company, Ltd., H Shares (B) | 1,700 | 9,176 | |||
Shanghai International Port Group Company, Ltd., Class A | 24,100 | 21,836 | |||
Shanghai Jahwa United Company, Ltd., Class A | 3,300 | 20,313 | |||
Shanghai Jin Jiang Capital Company, Ltd., H Shares | 68,000 | 25,869 | |||
Shanghai Liangxin Electrical Company, Ltd., Class A | 9,200 | 21,152 | |||
Shanghai M&G Stationery, Inc., Class A | 1,400 | 12,079 | |||
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares | 33,900 | 61,192 | |||
Shanghai Pudong Development Bank Company, Ltd., Class A | 34,500 | 45,964 | |||
Shanghai Putailai New Energy Technology Company, Ltd., Class A | 900 | 20,955 | |||
Shanghai Wanye Enterprises Company, Ltd., Class A | 5,400 | 22,215 | |||
Shanxi Coking Coal Energy Group Company, Ltd., Class A | 7,200 | 12,130 | |||
Shanxi Lu’an Environmental Energy Development Company, Ltd., Class A | 10,400 | 23,029 | |||
Shanxi Meijin Energy Company, Ltd., Class A (A) | 11,100 | 25,396 | |||
Shanxi Taigang Stainless Steel Company, Ltd., Class A | 18,300 | 21,275 | |||
Shanxi Xinghuacun Fen Wine Factory Company, Ltd., Class A | 1,500 | 69,878 | |||
Shengyi Technology Company, Ltd., Class A | 6,200 | 19,190 | |||
Shenzhen Everwin Precision Technology Company, Ltd., Class A | 6,800 | 13,337 | |||
Shenzhen Expressway Corp, Ltd., H Shares | 20,000 | 20,158 | |||
Shenzhen Goodix Technology Company, Ltd., Class A | 1,400 | 20,293 | |||
Shenzhen Inovance Technology Company, Ltd., Class A | 3,100 | 31,580 | |||
Shenzhen Kaifa Technology Company, Ltd., Class A | 9,800 | 21,253 | |||
Shenzhen Kangtai Biological Products Company, Ltd., Class A | 1,700 | 22,822 | |||
Shenzhen Mindray Bio-Medical Electronics Company, Ltd., Class A | 1,700 | 88,482 | |||
Shenzhen Overseas Chinese Town Company, Ltd., Class A | 19,500 | 21,352 | |||
Shenzhen Salubris Pharmaceuticals Company, Ltd., Class A (A) | 5,100 | 20,264 | |||
Shenzhen Transsion Holdings Company, Ltd., Class A | 1,025 | 22,091 | |||
Shenzhou International Group Holdings, Ltd. | 16,400 | 275,465 | |||
Shui On Land, Ltd. | 244,567 | 35,721 | |||
Sichuan Kelun Pharmaceutical Company, Ltd., Class A | 7,800 | 21,516 | |||
Sichuan Road & Bridge Company, Ltd., Class A | 11,900 | 23,603 | |||
Sichuan Swellfun Company, Ltd., Class A | 1,200 | 19,005 | |||
Sihuan Pharmaceutical Holdings Group, Ltd. (C) | 164,000 | 35,166 | |||
Silergy Corp. | 1,000 | 133,251 | |||
Sinofibers Technology Company, Ltd., Class A | 2,900 | 24,926 | |||
Sinoma Science & Technology Company, Ltd., Class A | 2,600 | 12,379 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 16 |
Shares | Value | ||||
China (continued) | |||||
Sino-Ocean Group Holding, Ltd. | 182,681 | $39,294 | |||
Sinopec Engineering Group Company, Ltd., H Shares | 82,500 | 39,467 | |||
Sinopec Oilfield Service Corp., H Shares (A) | 174,000 | 16,356 | |||
Sinopec Shanghai Petrochemical Company, Ltd., H Shares | 188,000 | 42,435 | |||
Sinopharm Group Company, Ltd., H Shares | 65,600 | 159,026 | |||
Sinosoft Company, Ltd., Class A | 3,500 | 16,416 | |||
Sinotrans, Ltd., H Shares | 114,574 | 35,934 | |||
Sinotruk Hong Kong, Ltd. | 34,055 | 50,833 | |||
Skshu Paint Company, Ltd., Class A | 1,100 | 15,502 | |||
Skyfame Realty Holdings, Ltd. | 114,000 | 12,390 | |||
SOHO China, Ltd. (A) | 109,500 | 22,308 | |||
Sohu.com, Ltd., ADR (A) | 975 | 17,882 | |||
Songcheng Performance Development Company, Ltd., Class A | 9,900 | 24,351 | |||
Sun King Technology Group, Ltd. (A) | 54,000 | 22,020 | |||
Sunac China Holdings, Ltd. | 113,000 | 92,366 | |||
Sunac Services Holdings, Ltd. (B) | 5,116 | 4,372 | |||
Sungrow Power Supply Company, Ltd., Class A | 1,600 | 31,011 | |||
Suning.com Company, Ltd., Class A (A) | 30,200 | 17,243 | |||
Sunny Optical Technology Group Company, Ltd. | 13,900 | 333,099 | |||
Sunresin New Materials Company, Ltd., Class A | 1,400 | 22,206 | |||
Sunwoda Electronic Company, Ltd., Class A | 2,800 | 16,439 | |||
Suzhou Dongshan Precision Manufacturing Company, Ltd., Class A | 6,400 | 22,639 | |||
Suzhou Maxwell Technologies Company, Ltd., Class A | 300 | 26,216 | |||
Tangshan Sanyou Chemical Industries Company, Ltd., Class A | 8,800 | 12,705 | |||
TBEA Company, Ltd., Class A | 5,400 | 17,416 | |||
TCL Technology Group Corp., Class A | 51,500 | 45,557 | |||
Tencent Holdings, Ltd. | 110,000 | 5,935,745 | |||
Tencent Music Entertainment Group, ADR (A) | 15,570 | 83,922 | |||
Tenwow International Holdings, Ltd. (A)(D) | 177,000 | 6,455 | |||
The People’s Insurance Company Group of China, Ltd., H Shares | 131,000 | 42,128 | |||
Three Squirrels, Inc., Class A | 3,600 | 18,256 | |||
Tian Ge Interactive Holdings, Ltd. (A)(B) | 32,000 | 3,623 | |||
Tian Shan Development Holding, Ltd. (A) | 32,000 | 7,507 | |||
Tiangong International Company, Ltd. | 50,000 | 23,598 | |||
Tianjin Capital Environmental Protection Group Company, Ltd., H Shares | 16,000 | 7,376 | |||
Tianjin Zhonghuan Semiconductor Company, Ltd., Class A | 3,000 | 22,990 | |||
Tianli Education International Holdings, Ltd. (D) | 58,000 | 12,758 | |||
Tianma Microelectronics Company, Ltd., Class A | 11,000 | 20,459 | |||
Tianneng Power International, Ltd. (C) | 36,700 | 33,668 | |||
Tianshui Huatian Technology Company, Ltd., Class A | 5,400 | 10,301 | |||
Tibet Summit Resources Company, Ltd., Class A | 3,100 | 16,857 | |||
Tingyi Cayman Islands Holding Corp. | 84,000 | 185,842 | |||
Titan Wind Energy Suzhou Company, Ltd., Class A | 5,000 | 16,540 |
17 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Toly Bread Company, Ltd., Class A | 4,900 | $19,374 | |||
Tong Ren Tang Technologies Company, Ltd., H Shares | 19,000 | 16,443 | |||
Tongcheng Travel Holdings, Ltd. (A) | 30,400 | 56,618 | |||
Tongdao Liepin Group (A) | 4,400 | 10,585 | |||
TongFu Microelectronics Company, Ltd., Class A | 7,600 | 22,007 | |||
Tongkun Group Company, Ltd., Class A | 6,000 | 20,940 | |||
Tongling Nonferrous Metals Group Company, Ltd., Class A | 29,300 | 18,589 | |||
Tongwei Company, Ltd., Class A | 8,100 | 55,602 | |||
Topchoice Medical Corp., Class A (A) | 600 | 15,408 | |||
Topsports International Holdings, Ltd. (B) | 58,000 | 60,293 | |||
TravelSky Technology, Ltd., H Shares | 31,500 | 59,408 | |||
Trigiant Group, Ltd. (A) | 82,000 | 5,584 | |||
Trip.com Group, Ltd., ADR (A) | 9,760 | 252,003 | |||
Tsaker Chemical Group, Ltd. (B) | 22,500 | 3,695 | |||
Tsingtao Brewery Company, Ltd., H Shares | 18,000 | 173,175 | |||
Tuniu Corp., ADR (A) | 1,300 | 1,365 | |||
Unigroup Guoxin Microelectronics Company, Ltd., Class A | 400 | 14,060 | |||
Uni-President China Holdings, Ltd. | 71,600 | 74,455 | |||
Unisplendour Corp., Ltd., Class A | 6,100 | 21,283 | |||
Venus MedTech Hangzhou, Inc., H Shares (A)(B) | 6,000 | 16,681 | |||
Vipshop Holdings, Ltd., ADR (A) | 17,160 | 148,777 | |||
VNET Group, Inc., ADR (A) | 1,200 | 9,444 | |||
Walvax Biotechnology Company, Ltd., Class A | 1,900 | 14,174 | |||
Wanhua Chemical Group Company, Ltd., Class A | 11,700 | 177,305 | |||
Want Want China Holdings, Ltd. | 155,000 | 165,002 | |||
Weibo Corp., ADR (A) | 2,526 | 69,288 | |||
Weichai Power Company, Ltd., H Shares | 60,600 | 102,543 | |||
Weiqiao Textile Company, H Shares | 12,500 | 3,748 | |||
Wens Foodstuffs Group Company, Ltd., Class A | 5,100 | 15,786 | |||
West China Cement, Ltd. | 162,000 | 27,811 | |||
Will Semiconductor Company, Ltd., Class A | 1,300 | 51,062 | |||
Wingtech Technology Company, Ltd., Class A | 1,300 | 24,249 | |||
Wisdom Education International Holdings Company, Ltd. | 38,000 | 2,088 | |||
Wuchan Zhongda Group Company, Ltd., Class A | 20,600 | 18,575 | |||
Wuhan Dr Laser Technology Corp., Ltd., Class A | 600 | 21,464 | |||
Wuhan Raycus Fiber Laser Technologies Company, Ltd., Class A | 2,500 | 19,966 | |||
Wuhu Sanqi Interactive Entertainment Network Technology Group Company, Ltd., Class A | 6,900 | 22,935 | |||
Wuliangye Yibin Company, Ltd., Class A | 6,600 | 199,972 | |||
WuXi AppTec Company, Ltd., H Shares (B) | 3,440 | 48,967 | |||
Wuxi Biologics Cayman, Inc. (A)(B) | 37,000 | 306,043 | |||
Wuxi Shangji Automation Company, Ltd., Class A | 1,000 | 25,270 | |||
Wuxi Taiji Industry Company, Ltd., Class A | 8,400 | 10,751 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 18 |
Shares | Value | ||||
China (continued) | |||||
Xiabuxiabu Catering Management China Holdings Company, Ltd. (A)(B) | 26,500 | $16,675 | |||
Xiamen International Port Company, Ltd., H Shares | 88,662 | 9,559 | |||
Xiamen Intretech, Inc., Class A | 4,300 | 20,277 | |||
Xiamen Kingdomway Group Company, Class A | 4,500 | 19,531 | |||
Xiamen Tungsten Company, Ltd., Class A | 5,100 | 17,879 | |||
Xi’an Triangle Defense Company, Ltd., Class A | 3,000 | 22,348 | |||
Xiaomi Corp., Class B (A)(B) | 300,400 | 565,418 | |||
Xinfengming Group Company, Ltd., Class A | 9,300 | 20,744 | |||
Xingda International Holdings, Ltd. | 47,899 | 8,836 | |||
Xinhua Winshare Publishing and Media Company, Ltd., H Shares | 22,650 | 16,928 | |||
Xinjiang Goldwind Science & Technology Company, Ltd., H Shares (C) | 25,498 | 41,719 | |||
Xinte Energy Company, Ltd., H Shares (C) | 10,400 | 22,160 | |||
Xinyangfeng Agricultural Technology Company, Ltd., Class A | 7,600 | 20,967 | |||
Xinyi Energy Holdings, Ltd. | 64,000 | 32,840 | |||
Xinyi Solar Holdings, Ltd. | 128,127 | 232,726 | |||
Xinyu Iron & Steel Company, Ltd., Class A | 22,200 | 20,880 | |||
Xtep International Holdings, Ltd. | 52,624 | 87,307 | |||
Xunlei, Ltd., ADR (A)(C) | 3,300 | 5,643 | |||
Yadea Group Holdings, Ltd. (B) | 46,000 | 68,243 | |||
Yangzhou Yangjie Electronic Technology Company, Ltd., Class A | 3,000 | 32,745 | |||
Yankuang Energy Group Company, Ltd., H Shares | 64,000 | 157,468 | |||
Yantai Eddie Precision Machinery Company, Ltd., Class A | 2,100 | 10,312 | |||
Yashili International Holdings, Ltd. (A) | 114,000 | 7,163 | |||
Yealink Network Technology Corp., Ltd., Class A | 1,000 | 12,133 | |||
YiChang HEC ChangJiang Pharmaceutical Company, Ltd., H Shares (A)(B)(C) | 27,600 | 22,348 | |||
Yida China Holdings, Ltd. (A) | 28,000 | 2,119 | |||
Yifeng Pharmacy Chain Company, Ltd., Class A | 2,700 | 21,242 | |||
Yihai International Holding, Ltd. (A) | 13,000 | 54,393 | |||
Yintai Gold Company, Ltd., Class A | 15,400 | 22,382 | |||
Yiren Digital, Ltd., ADR (A) | 1,046 | 2,720 | |||
Yonghui Superstores Company, Ltd., Class A | 36,400 | 21,101 | |||
Youyuan International Holdings, Ltd. (A)(D) | 26,000 | 0 | |||
Yum China Holdings, Inc. | 9,823 | 510,992 | |||
Yunda Holding Company, Ltd., Class A | 6,300 | 19,422 | |||
Yunnan Aluminium Company, Ltd., Class A (A) | 7,000 | 16,132 | |||
Yunnan Baiyao Group Company, Ltd., Class A | 800 | 11,459 | |||
Yunnan Copper Company, Ltd., Class A | 8,600 | 17,850 | |||
Yunnan Energy New Material Company, Ltd., Class A | 1,300 | 53,924 | |||
Yunnan Tin Company, Ltd., Class A (A) | 6,000 | 23,966 | |||
Yuzhou Group Holdings Company, Ltd. | 175,887 | 13,974 | |||
Zhangzhou Pientzehuang Pharmaceutical Company, Ltd., Class A | 800 | 46,097 | |||
Zhaojin Mining Industry Company, Ltd., H Shares | 38,000 | 33,532 |
19 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Zhefu Holding Group Company, Ltd., Class A | 19,600 | $19,271 | |||
Zhejiang Century Huatong Group Company, Ltd., Class A (A) | 19,700 | 20,444 | |||
Zhejiang Chint Electrics Company, Ltd., Class A | 5,300 | 42,281 | |||
Zhejiang Dahua Technology Company, Ltd., Class A | 3,200 | 9,538 | |||
Zhejiang Dingli Machinery Company, Ltd., Class A | 2,000 | 18,296 | |||
Zhejiang Expressway Company, Ltd., H Shares | 42,000 | 37,889 | |||
Zhejiang Glass Company, Ltd., H Shares (A)(D) | 172,000 | 0 | |||
Zhejiang Huahai Pharmaceutical Company, Ltd., Class A | 6,400 | 23,544 | |||
Zhejiang Huayou Cobalt Company, Ltd., Class A | 1,300 | 25,734 | |||
Zhejiang Jingsheng Mechanical & Electrical Company, Ltd., Class A | 900 | 9,336 | |||
Zhejiang Longsheng Group Company, Ltd., Class A | 10,700 | 20,936 | |||
Zhejiang NHU Company, Ltd., Class A | 7,300 | 39,381 | |||
Zhejiang Sanhua Intelligent Controls Company, Ltd., Class A | 6,000 | 19,214 | |||
Zhejiang Semir Garment Company, Ltd., Class A | 18,564 | 20,872 | |||
Zhejiang Supor Company, Ltd., Class A | 2,600 | 20,898 | |||
Zhejiang Tianyu Pharmaceutical Company, Ltd., Class A | 2,700 | 19,259 | |||
Zhejiang Weixing New Building Materials Company, Ltd., Class A | 4,000 | 14,746 | |||
Zhejiang Xinan Chemical Industrial Group Company, Ltd., Class A | 5,200 | 22,691 | |||
Zhengzhou Coal Mining Machinery Group Company, Ltd., H Shares (C) | 15,800 | 16,588 | |||
Zhenro Properties Group, Ltd. | 19,000 | 1,636 | |||
ZhongAn Online P&C Insurance Company, Ltd., H Shares (A)(B) | 15,100 | 49,701 | |||
Zhongjin Gold Corp, Ltd., Class A | 8,100 | 11,183 | |||
Zhongsheng Group Holdings, Ltd. | 19,500 | 136,167 | |||
Zhongyuan Bank Company, Ltd., H Shares (A)(B) | 42,000 | 4,399 | |||
Zhou Hei Ya International Holdings Company, Ltd. (A)(B)(C) | 28,500 | 19,041 | |||
Zhuzhou CRRC Times Electric Company, Ltd. | 12,600 | 65,678 | |||
Zhuzhou Kibing Group Company, Ltd., Class A | 7,200 | 18,018 | |||
Zibo Qixiang Tengda Chemical Company, Ltd., Class A | 4,760 | 7,312 | |||
Zijin Mining Group Company, Ltd., H Shares | 151,384 | 224,681 | |||
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares | 59,600 | 39,646 | |||
ZTE Corp., H Shares | 24,200 | 59,618 | |||
ZTO Express Cayman, Inc., ADR | 8,488 | 249,887 | |||
Colombia 0.1% | 255,036 | ||||
Banco de Bogota SA | 776 | 14,229 | |||
Bancolombia SA | 2,356 | 23,362 | |||
Celsia SA ESP | 23,575 | 25,030 | |||
Cementos Argos SA | 15,832 | 24,409 | |||
Corp. Financiera Colombiana SA (A) | 4,632 | 32,590 | |||
Ecopetrol SA | 66,214 | 54,878 | |||
Grupo Argos SA | 8,087 | 26,498 | |||
Grupo Energia Bogota SA ESP | 17,578 | 10,939 | |||
Interconexion Electrica SA ESP | 6,983 | 43,101 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 20 |
Shares | Value | ||||
Czech Republic 0.1% | $194,744 | ||||
CEZ AS | 3,198 | 121,668 | |||
Komercni banka AS | 952 | 37,452 | |||
Moneta Money Bank AS (B) | 5,711 | 22,601 | |||
Philip Morris CR AS | 18 | 13,023 | |||
Egypt 0.0% | 78,364 | ||||
Commercial International Bank Egypt SAE, GDR (A) | 26,729 | 78,364 | |||
Greece 0.3% | 549,669 | ||||
Alpha Services and Holdings SA (A) | 23,649 | 32,270 | |||
Athens Water Supply & Sewage Company SA | 1,181 | 9,538 | |||
Bank of Greece | 1,576 | 30,763 | |||
Ellaktor SA (A) | 9,660 | 13,796 | |||
Eurobank Ergasias Services and Holdings SA (A) | 53,240 | 58,321 | |||
FF Group (A)(D) | 6,657 | 11,196 | |||
Fourlis Holdings SA (A) | 2,166 | 9,545 | |||
GEK Terna Holding Real Estate Construction SA (A) | 3,076 | 29,942 | |||
Hellenic Exchanges - Athens Stock Exchange SA | 1,960 | 8,572 | |||
Hellenic Petroleum Holdings SA | 1,399 | 11,079 | |||
Hellenic Telecommunications Organization SA | 3,641 | 72,827 | |||
Holding Company ADMIE IPTO SA | 8,138 | 21,693 | |||
JUMBO SA | 1,883 | 27,054 | |||
LAMDA Development SA (A) | 2,618 | 19,737 | |||
Motor Oil Hellas Corinth Refineries SA | 1,394 | 22,368 | |||
Mytilineos SA | 2,258 | 36,382 | |||
National Bank of Greece SA (A) | 12,054 | 44,709 | |||
OPAP SA | 872 | 12,709 | |||
Piraeus Financial Holdings SA (A) | 6,725 | 10,651 | |||
Piraeus Port Authority SA | 458 | 8,403 | |||
Public Power Corp. SA (A) | 1,977 | 18,794 | |||
Quest Holdings SA | 494 | 10,101 | |||
Sarantis SA | 1,766 | 14,361 | |||
Terna Energy SA | 1,025 | 14,858 | |||
Hong Kong 3.9% | 7,374,626 | ||||
AAG Energy Holdings, Ltd. (B) | 72,000 | 13,808 | |||
Alibaba Health Information Technology, Ltd. (A) | 44,000 | 30,810 | |||
Alibaba Pictures Group, Ltd. (A) | 410,000 | 40,992 | |||
Anxin-China Holdings, Ltd. (A)(D) | 1,988,000 | 0 | |||
Asian Citrus Holdings, Ltd. (A) | 144,000 | 2,769 | |||
Ausnutria Dairy Corp., Ltd. (A)(C) | 35,000 | 44,118 | |||
Beijing Energy International Holding Company, Ltd. (A) | 146,000 | 4,871 | |||
Beijing Enterprises Clean Energy Group, Ltd. (A) | 1,342,857 | 17,717 | |||
Beijing Enterprises Holdings, Ltd. | 25,930 | 88,642 | |||
Beijing Enterprises Water Group, Ltd. | 212,000 | 83,758 |
21 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Hong Kong (continued) | |||||
Beijing Gas Blue Sky Holdings, Ltd. (A)(D) | 904,000 | $13,419 | |||
Beijing Tong Ren Tang Chinese Medicine Company, Ltd. | 4,000 | 5,555 | |||
Bosideng International Holdings, Ltd. | 116,000 | 66,000 | |||
Brilliance China Automotive Holdings, Ltd. (A) | 170,000 | 78,200 | |||
C C Land Holdings, Ltd. | 240,540 | 56,074 | |||
C&D International Investment Group, Ltd. | 22,890 | 42,567 | |||
CA Cultural Technology Group, Ltd. (A) | 17,000 | 355 | |||
Canvest Environmental Protection Group Company, Ltd. | 36,000 | 17,523 | |||
CECEP COSTIN New Materials Group, Ltd. (A)(D) | 162,000 | 0 | |||
CGN New Energy Holdings Company, Ltd. | 66,000 | 43,925 | |||
China Aircraft Leasing Group Holdings, Ltd. (C) | 12,000 | 8,673 | |||
China Chengtong Development Group, Ltd. | 158,000 | 3,319 | |||
China Common Rich Renewable Energy Investments, Ltd. (A)(D) | 2,486,000 | 68,396 | |||
China Education Group Holdings, Ltd. | 31,000 | 26,558 | |||
China Everbright Environment Group, Ltd. | 128,111 | 91,981 | |||
China Everbright Greentech, Ltd. (B) | 31,000 | 10,247 | |||
China Everbright, Ltd. | 35,000 | 38,545 | |||
China Fiber Optic Network System Group, Ltd. (A)(D) | 419,600 | 15,034 | |||
China Foods, Ltd. | 58,000 | 24,997 | |||
China Gas Holdings, Ltd. | 109,000 | 172,261 | |||
China Glass Holdings, Ltd. (A) | 50,000 | 10,293 | |||
China High Precision Automation Group, Ltd. (A)(C)(D) | 74,000 | 8,807 | |||
China High Speed Transmission Equipment Group Company, Ltd. (A) | 25,000 | 18,967 | |||
China Jinmao Holdings Group, Ltd. | 288,000 | 95,773 | |||
China Lumena New Materials Corp. (A)(D) | 31,800 | 0 | |||
China Mengniu Dairy Company, Ltd. (A) | 62,000 | 403,150 | |||
China Merchants Land, Ltd. (A) | 86,000 | 8,595 | |||
China Merchants Port Holdings Company, Ltd. | 48,324 | 91,110 | |||
China Metal Recycling Holdings, Ltd. (A)(D) | 14,579,934 | 0 | |||
China New Town Development Company, Ltd. (A) | 67,832 | 841 | |||
China Oceanwide Holdings, Ltd. (A) | 240,000 | 2,891 | |||
China Oil & Gas Group, Ltd. (A) | 337,040 | 18,607 | |||
China Overseas Grand Oceans Group, Ltd. | 113,000 | 65,189 | |||
China Overseas Land & Investment, Ltd. | 135,500 | 413,704 | |||
China Overseas Property Holdings, Ltd. | 50,667 | 55,011 | |||
China Power International Development, Ltd. | 111,666 | 63,296 | |||
China Properties Group, Ltd. (A)(D) | 19,000 | 908 | |||
China Resources Beer Holdings Company, Ltd. | 29,981 | 237,732 | |||
China Resources Cement Holdings, Ltd. | 133,518 | 114,250 | |||
China Resources Gas Group, Ltd. | 38,000 | 174,534 | |||
China Resources Land, Ltd. | 116,444 | 566,419 | |||
China Resources Power Holdings Company, Ltd. | 52,882 | 118,116 | |||
China South City Holdings, Ltd. | 146,000 | 12,188 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 22 |
Shares | Value | ||||
Hong Kong (continued) | |||||
China State Construction International Holdings, Ltd. | 16,000 | $22,533 | |||
China Taiping Insurance Holdings Company, Ltd. | 89,310 | 105,708 | |||
China Traditional Chinese Medicine Holdings Company, Ltd. | 170,000 | 96,910 | |||
China Travel International Investment Hong Kong, Ltd. (A) | 146,000 | 28,677 | |||
China Vered Financial Holding Corp., Ltd. (A) | 360,000 | 2,872 | |||
China Water Affairs Group, Ltd. | 36,000 | 39,772 | |||
China Water Industry Group, Ltd. (A) | 40,000 | 1,481 | |||
CIMC Enric Holdings, Ltd. | 48,000 | 57,412 | |||
Citychamp Watch & Jewellery Group, Ltd. (A) | 65,800 | 8,691 | |||
Comba Telecom Systems Holdings, Ltd. (A) | 62,000 | 15,095 | |||
Concord New Energy Group, Ltd. | 180,000 | 16,880 | |||
Continental Aerospace Technologies Holding, Ltd. (A) | 186,799 | 3,087 | |||
COSCO SHIPPING Ports, Ltd. | 95,295 | 78,530 | |||
Crazy Sports Group, Ltd. (A) | 186,000 | 8,974 | |||
CWT International, Ltd. (A) | 680,000 | 7,118 | |||
DBA Telecommunication Asia Holdings, Ltd. (A)(D) | 32,000 | 0 | |||
Digital China Holdings, Ltd. | 38,000 | 20,745 | |||
ESR Cayman, Ltd. (A)(B) | 3,800 | 11,723 | |||
Essex Bio-technology, Ltd. | 23,000 | 13,949 | |||
Far East Horizon, Ltd. | 107,000 | 91,193 | |||
Fullshare Holdings, Ltd. (A) | 110,000 | 2,000 | |||
GCL New Energy Holdings, Ltd. (A) | 440,000 | 9,729 | |||
GCL-Poly Energy Holdings, Ltd. (A)(C) | 813,000 | 299,622 | |||
Geely Automobile Holdings, Ltd. | 172,000 | 320,375 | |||
Gemdale Properties & Investment Corp., Ltd. | 288,000 | 31,711 | |||
Glorious Property Holdings, Ltd. (A) | 516,000 | 14,805 | |||
Goldlion Holdings, Ltd. | 122,000 | 25,087 | |||
Grand Pharmaceutical Group, Ltd. | 38,000 | 30,070 | |||
Guangdong Investment, Ltd. | 80,000 | 107,656 | |||
Health & Happiness H&H International Holdings, Ltd. | 13,000 | 20,164 | |||
Hi Sun Technology China, Ltd. (A) | 105,000 | 13,318 | |||
Hopson Development Holdings, Ltd. | 37,400 | 76,990 | |||
Hua Han Health Industry Holdings, Ltd. (A)(D) | 1,111,910 | 30,165 | |||
Huabao International Holdings, Ltd. (C) | 23,000 | 13,195 | |||
Huanxi Media Group, Ltd. (A) | 70,000 | 13,151 | |||
IMAX China Holding, Inc. (B) | 7,300 | 10,208 | |||
Inspur International, Ltd. (A) | 28,000 | 13,379 | |||
International Alliance Financial Leasing Company, Ltd. (A)(B) | 30,000 | 12,635 | |||
Jiayuan International Group, Ltd. | 43,222 | 13,698 | |||
Jinchuan Group International Resources Company, Ltd. | 77,000 | 13,758 | |||
Jinmao Property Services Company, Ltd. (A)(D) | 4,350 | 1,106 | |||
Joy City Property, Ltd. | 316,000 | 14,594 | |||
Ju Teng International Holdings, Ltd. | 59,722 | 11,584 | |||
Kingboard Holdings, Ltd. | 36,148 | 169,106 |
23 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Hong Kong (continued) | |||||
Kingboard Laminates Holdings, Ltd. | 60,000 | $99,981 | |||
Kunlun Energy Company, Ltd. | 160,000 | 157,389 | |||
Lee & Man Chemical Company, Ltd. | 14,000 | 12,849 | |||
Lee & Man Paper Manufacturing, Ltd. | 70,000 | 45,000 | |||
Lifestyle China Group, Ltd. (A) | 9,000 | 1,277 | |||
LK Technology Holdings, Ltd. | 19,250 | 32,497 | |||
LVGEM China Real Estate Investment Company, Ltd. (A) | 32,000 | 5,483 | |||
Mingfa Group International Company, Ltd. (A) | 995,000 | 45,397 | |||
Minmetals Land, Ltd. | 126,000 | 13,957 | |||
Nan Hai Corp., Ltd. (A) | 1,900,000 | 8,522 | |||
Nine Dragons Paper Holdings, Ltd. | 96,000 | 91,965 | |||
PAX Global Technology, Ltd. | 50,000 | 37,315 | |||
Perennial Energy Holdings, Ltd. (C) | 20,000 | 4,213 | |||
Phoenix Media Investment Holdings, Ltd. (A) | 76,000 | 3,854 | |||
Poly Property Group Company, Ltd. | 153,000 | 41,532 | |||
Pou Sheng International Holdings, Ltd. (A) | 144,000 | 21,280 | |||
Prinx Chengshan Holdings, Ltd. | 10,500 | 9,808 | |||
REXLot Holdings, Ltd. (A)(D) | 2,065,304 | 1,943 | |||
Road King Infrastructure, Ltd. | 9,000 | 8,563 | |||
Shanghai Industrial Holdings, Ltd. | 19,041 | 28,948 | |||
Shanghai Industrial Urban Development Group, Ltd. | 115,349 | 10,976 | |||
Shenzhen International Holdings, Ltd. | 85,083 | 87,668 | |||
Shenzhen Investment, Ltd. | 149,175 | 33,629 | |||
Shimao Group Holdings, Ltd. (C) | 79,000 | 47,408 | |||
Shoucheng Holdings, Ltd. | 81,600 | 13,498 | |||
Shougang Fushan Resources Group, Ltd. | 145,268 | 48,035 | |||
Silver Grant International Holdings Group, Ltd. (A) | 72,334 | 4,204 | |||
Sino Biopharmaceutical, Ltd. | 257,750 | 164,539 | |||
Sinofert Holdings, Ltd. (A) | 118,000 | 16,938 | |||
Sinolink Worldwide Holdings, Ltd. (A) | 576,000 | 16,548 | |||
Sinopec Kantons Holdings, Ltd. | 62,000 | 23,206 | |||
Skyworth Group, Ltd. (A) | 75,885 | 42,870 | |||
SMI Holdings Group, Ltd. (A)(D) | 228,889 | 14,645 | |||
SSY Group, Ltd. | 80,733 | 37,702 | |||
Sun Art Retail Group, Ltd. | 38,000 | 13,710 | |||
TCL Electronics Holdings, Ltd. (A) | 39,600 | 18,564 | |||
Tech Pro Technology Development, Ltd. (A)(D) | 966,000 | 4,833 | |||
Texhong Textile Group, Ltd. | 3,000 | 3,734 | |||
The Wharf Holdings, Ltd. | 38,000 | 137,484 | |||
Tian An China Investment Company, Ltd. | 202,000 | 103,302 | |||
Tianjin Port Development Holdings, Ltd. | 154,000 | 12,408 | |||
Tibet Water Resources, Ltd. (A) | 149,000 | 10,321 | |||
Time Watch Investments, Ltd. (A) | 62,000 | 4,697 | |||
Tongda Group Holdings, Ltd. (A) | 405,000 | 7,890 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 24 |
Shares | Value | ||||
Hong Kong (continued) | |||||
Towngas Smart Energy Company, Ltd. (A) | 45,299 | $32,185 | |||
Truly International Holdings, Ltd. | 101,000 | 35,046 | |||
United Energy Group, Ltd. | 462,000 | 69,859 | |||
Vinda International Holdings, Ltd. | 18,000 | 51,356 | |||
Wasion Holdings, Ltd. | 32,000 | 12,390 | |||
Yuexiu Property Company, Ltd. | 79,503 | 79,525 | |||
Yuexiu Transport Infrastructure, Ltd. | 36,000 | 22,364 | |||
Zhongyu Energy Holdings, Ltd. | 20,006 | 18,693 | |||
Zhuguang Holdings Group Company, Ltd. | 60,000 | 11,675 | |||
Hungary 0.2% | 325,914 | ||||
Magyar Telekom Telecommunications PLC | 19,638 | 24,679 | |||
MOL Hungarian Oil & Gas PLC | 18,291 | 142,675 | |||
OTP Bank NYRT (A) | 3,432 | 130,962 | |||
Richter Gedeon NYRT | 1,315 | 27,598 | |||
India 13.2% | 25,003,432 | ||||
Aarti Industries, Ltd. | 4,856 | 60,090 | |||
Abbott India, Ltd. | 167 | 38,751 | |||
ACC, Ltd. | 2,457 | 68,627 | |||
Adani Enterprises, Ltd. | 4,941 | 108,296 | |||
Adani Green Energy, Ltd. (A) | 3,621 | 88,986 | |||
Adani Ports & Special Economic Zone, Ltd. | 11,926 | 112,721 | |||
Adani Power, Ltd. (A) | 35,840 | 59,474 | |||
Adani Total Gas, Ltd. | 2,163 | 45,603 | |||
Adani Transmission, Ltd. (A) | 8,008 | 228,207 | |||
Aditya Birla Capital, Ltd. (A) | 27,085 | 38,379 | |||
Aegis Logistics, Ltd. | 7,126 | 16,056 | |||
AIA Engineering, Ltd. | 1,625 | 35,180 | |||
Ajanta Pharma, Ltd. | 910 | 20,907 | |||
Akzo Nobel India, Ltd. | 703 | 17,648 | |||
Alembic Pharmaceuticals, Ltd. | 4,003 | 38,635 | |||
Alkem Laboratories, Ltd. | 446 | 19,446 | |||
Alkyl Amines Chemicals | 763 | 30,578 | |||
Alok Industries, Ltd. (A) | 29,078 | 9,377 | |||
Amara Raja Batteries, Ltd. | 2,106 | 15,753 | |||
Ambuja Cements, Ltd. | 10,422 | 43,846 | |||
APL Apollo Tubes, Ltd. (A) | 3,410 | 38,805 | |||
Apollo Hospitals Enterprise, Ltd. | 1,580 | 100,651 | |||
Apollo Tyres, Ltd. | 12,370 | 30,513 | |||
Arvind Fashions, Ltd. (A) | 10,714 | 38,470 | |||
Arvind, Ltd. (A) | 13,022 | 20,577 | |||
Asahi India Glass, Ltd. | 4,311 | 26,547 | |||
Ashok Leyland, Ltd. | 22,860 | 36,206 | |||
Ashoka Buildcon, Ltd. (A) | 9,141 | 11,360 |
25 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Asian Paints, Ltd. | 5,668 | $239,336 | |||
Aster DM Healthcare, Ltd. (A)(B) | 1,438 | 3,294 | |||
Astral, Ltd. | 2,457 | 63,752 | |||
Atul, Ltd. | 479 | 59,280 | |||
AU Small Finance Bank, Ltd. (A)(B) | 1,709 | 27,343 | |||
Aurobindo Pharma, Ltd. | 10,100 | 84,043 | |||
Avanti Feeds, Ltd. | 3,600 | 22,742 | |||
Avenue Supermarts, Ltd. (A)(B) | 995 | 57,614 | |||
Axis Bank, Ltd. (A) | 26,398 | 261,652 | |||
Bajaj Auto, Ltd. | 1,404 | 66,070 | |||
Bajaj Consumer Care, Ltd. | 5,535 | 11,994 | |||
Bajaj Finance, Ltd. | 2,383 | 222,876 | |||
Bajaj Finserv, Ltd. | 467 | 100,041 | |||
Bajaj Holdings & Investment, Ltd. | 1,158 | 80,035 | |||
Balkrishna Industries, Ltd. | 2,408 | 58,440 | |||
Balrampur Chini Mills, Ltd. | 6,172 | 32,663 | |||
Bandhan Bank, Ltd. (B) | 4,217 | 17,218 | |||
Bank of Baroda (A) | 25,551 | 36,465 | |||
Bannari Amman Sugars, Ltd. | 62 | 1,958 | |||
BASF India, Ltd. | 543 | 19,806 | |||
Bata India, Ltd. | 2,050 | 49,445 | |||
Bayer CropScience, Ltd. | 196 | 11,632 | |||
BEML, Ltd. | 785 | 16,291 | |||
Berger Paints India, Ltd. | 3,552 | 32,736 | |||
Bharat Electronics, Ltd. | 37,442 | 105,148 | |||
Bharat Forge, Ltd. | 5,241 | 47,571 | |||
Bharat Heavy Electricals, Ltd. (A) | 35,750 | 23,891 | |||
Bharat Petroleum Corp., Ltd. | 15,189 | 70,787 | |||
Bharti Airtel, Ltd. (A) | 48,020 | 438,789 | |||
Biocon, Ltd. (A) | 9,991 | 46,534 | |||
Birla Corp., Ltd. | 940 | 13,680 | |||
Birlasoft, Ltd. | 6,697 | 36,582 | |||
Blue Dart Express, Ltd. | 115 | 9,188 | |||
Blue Star, Ltd. | 1,883 | 26,718 | |||
Bombay Burmah Trading Company | 711 | 9,126 | |||
Bosch, Ltd. | 149 | 31,110 | |||
Brigade Enterprises, Ltd. | 3,433 | 22,744 | |||
Britannia Industries, Ltd. | 1,201 | 54,669 | |||
BSE, Ltd. | 1,351 | 35,538 | |||
Cadila Healthcare, Ltd. | 4,469 | 21,452 | |||
Can Fin Homes, Ltd. | 3,284 | 25,451 | |||
Canara Bank (A) | 12,044 | 35,338 | |||
Capacit’e Infraprojects, Ltd. (A) | 2,705 | 4,571 | |||
Carborundum Universal, Ltd. | 4,213 | 45,235 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 26 |
Shares | Value | ||||
India (continued) | |||||
Castrol India, Ltd. | 11,199 | $16,083 | |||
CCL Products India, Ltd. | 3,414 | 20,334 | |||
Ceat, Ltd. | 1,368 | 17,779 | |||
Central Depository Services India, Ltd. | 1,657 | 30,115 | |||
Century Plyboards India, Ltd. | 292 | 2,327 | |||
Century Textiles & Industries, Ltd. | 1,858 | 18,899 | |||
CESC, Ltd. | 16,270 | 16,916 | |||
CG Power and Industrial Solutions, Ltd. (A) | 7,501 | 17,462 | |||
Chambal Fertilizers & Chemicals, Ltd. | 4,626 | 23,238 | |||
Chennai Petroleum Corp., Ltd. (A) | 3,148 | 4,226 | |||
Chennai Super Kings Cricket, Ltd. (A)(D) | 271,316 | 8,102 | |||
Cholamandalam Financial Holdings, Ltd. | 3,690 | 31,611 | |||
Cholamandalam Investment and Finance Company, Ltd. | 11,385 | 104,736 | |||
Cipla, Ltd. | 12,685 | 156,406 | |||
City Union Bank, Ltd. | 16,091 | 26,817 | |||
Coal India, Ltd. | 26,598 | 60,036 | |||
Coforge, Ltd. | 593 | 35,804 | |||
Colgate-Palmolive India, Ltd. | 2,924 | 55,965 | |||
Computer Age Management Services, Ltd. | 289 | 9,589 | |||
Container Corp. of India, Ltd. | 5,331 | 42,685 | |||
Coromandel International, Ltd. | 5,759 | 59,173 | |||
CRISIL, Ltd. | 519 | 19,669 | |||
Crompton Greaves Consumer Electricals, Ltd. | 15,942 | 91,477 | |||
Cummins India, Ltd. | 3,376 | 43,159 | |||
Cyient, Ltd. | 3,035 | 32,963 | |||
Dabur India, Ltd. | 7,764 | 58,339 | |||
Dalmia Bharat, Ltd. | 3,032 | 63,277 | |||
DCB Bank, Ltd. (A) | 11,434 | 11,170 | |||
DCM Shriram, Ltd. | 1,679 | 23,344 | |||
Deepak Fertilisers & Petrochemicals Corp., Ltd. | 2,991 | 22,671 | |||
Deepak Nitrite, Ltd. | 2,163 | 57,767 | |||
Delta Corp., Ltd. | 8,433 | 29,859 | |||
Dhampur Sugar Mills, Ltd. (A) | 2,251 | 11,281 | |||
Dhani Services, Ltd. (A) | 12,484 | 13,181 | |||
Dilip Buildcon, Ltd. (B) | 2,723 | 9,778 | |||
Dish TV India, Ltd. (A) | 46,324 | 8,988 | |||
Dishman Carbogen Amcis, Ltd. (A) | 1,354 | 3,022 | |||
Divi’s Laboratories, Ltd. | 2,028 | 115,173 | |||
Dixon Technologies India, Ltd. | 932 | 53,924 | |||
DLF, Ltd. | 9,438 | 44,336 | |||
Dr. Lal PathLabs, Ltd. (B) | 592 | 19,904 | |||
Dr. Reddy’s Laboratories, Ltd. | 1,929 | 104,192 | |||
DRC Systems India, Ltd. (A) | 4 | 21 | |||
eClerx Services, Ltd. | 747 | 21,664 |
27 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Edelweiss Financial Services, Ltd. | 26,662 | $19,298 | |||
Eicher Motors, Ltd. | 2,715 | 93,640 | |||
EID Parry India, Ltd. | 5,725 | 31,416 | |||
EIH, Ltd. (A) | 9,617 | 16,578 | |||
Emami, Ltd. | 6,514 | 42,810 | |||
Endurance Technologies, Ltd. (B) | 1,718 | 29,749 | |||
Engineers India, Ltd. | 7,872 | 6,489 | |||
EPL, Ltd. | 5,314 | 11,229 | |||
Escorts, Ltd. | 2,520 | 62,092 | |||
Exide Industries, Ltd. | 19,965 | 39,750 | |||
Federal Bank, Ltd. | 68,325 | 88,531 | |||
Fine Organic Industries, Ltd. | 295 | 16,744 | |||
Finolex Cables, Ltd. | 1,481 | 8,206 | |||
Finolex Industries, Ltd. | 22,715 | 46,430 | |||
Firstsource Solutions, Ltd. | 9,568 | 16,237 | |||
Fortis Healthcare, Ltd. (A) | 13,636 | 44,799 | |||
Future Lifestyle Fashions, Ltd. (A) | 2,234 | 1,573 | |||
GAIL India, Ltd. | 61,985 | 119,813 | |||
Garware Technical Fibres, Ltd. | 570 | 22,451 | |||
Gateway Distriparks, Ltd. (D) | 2,836 | 10,761 | |||
Gillette India, Ltd. | 409 | 28,155 | |||
GlaxoSmithKline Pharmaceuticals, Ltd. | 911 | 18,495 | |||
Glenmark Pharmaceuticals, Ltd. | 6,753 | 40,362 | |||
Godfrey Phillips India, Ltd. | 824 | 11,286 | |||
Godrej Agrovet, Ltd. (B) | 1,484 | 9,186 | |||
Godrej Consumer Products, Ltd. (A) | 6,941 | 70,897 | |||
Godrej Industries, Ltd. (A) | 1,720 | 11,890 | |||
Godrej Properties, Ltd. (A) | 1,212 | 24,325 | |||
Granules India, Ltd. | 10,612 | 41,163 | |||
Graphite India, Ltd. | 3,367 | 20,933 | |||
Grasim Industries, Ltd. | 3,538 | 75,574 | |||
Grindwell Norton, Ltd. | 1,284 | 27,519 | |||
Gujarat Alkalies & Chemicals, Ltd. | 2,634 | 22,392 | |||
Gujarat Ambuja Exports, Ltd. | 9,856 | 25,486 | |||
Gujarat Fluorochemicals, Ltd. (A) | 1,130 | 38,887 | |||
Gujarat Gas, Ltd. | 4,540 | 35,519 | |||
Gujarat Narmada Valley Fertilizers & Chemicals, Ltd. | 3,833 | 28,166 | |||
Gujarat Pipavav Port, Ltd. | 8,466 | 9,594 | |||
Gujarat State Fertilizers & Chemicals, Ltd. | 6,340 | 10,612 | |||
Gujarat State Petronet, Ltd. | 14,293 | 54,885 | |||
Gulf Oil Lubricants India, Ltd. | 1,134 | 6,668 | |||
Hatsun Agro Product, Ltd. | 2,889 | 42,284 | |||
Havells India, Ltd. | 2,687 | 42,397 | |||
HCL Technologies, Ltd. | 21,262 | 319,452 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 28 |
Shares | Value | ||||
India (continued) | |||||
HDFC Asset Management Company, Ltd. (B) | 1,011 | $28,231 | |||
HDFC Bank, Ltd. | 54,469 | 1,035,821 | |||
HDFC Life Insurance Company, Ltd. (B) | 5,636 | 39,273 | |||
HEG, Ltd. | 690 | 10,447 | |||
HeidelbergCement India, Ltd. | 5,347 | 13,366 | |||
Hemisphere Properties India, Ltd. (A) | 2,825 | 4,087 | |||
Heritage Foods, Ltd. | 1,223 | 5,060 | |||
Hero MotoCorp, Ltd. | 4,382 | 147,737 | |||
HFCL, Ltd. | 51,247 | 49,961 | |||
Hikal, Ltd. | 4,873 | 24,038 | |||
HIL, Ltd. | 253 | 14,006 | |||
Himadri Speciality Chemical, Ltd. | 8,292 | 6,088 | |||
Hindalco Industries, Ltd. | 40,692 | 311,851 | |||
Hinduja Global Solutions, Ltd. | 1,920 | 31,095 | |||
Hindustan Aeronautics, Ltd. | 1,089 | 20,049 | |||
Hindustan Petroleum Corp., Ltd. | 16,548 | 60,199 | |||
Hindustan Unilever, Ltd. | 10,229 | 296,275 | |||
Hitachi Energy India, Ltd. | 187 | 8,313 | |||
Honeywell Automation India, Ltd. | 22 | 11,990 | |||
Housing Development Finance Corp., Ltd. | 15,093 | 476,492 | |||
ICICI Bank, Ltd. | 68,687 | 679,410 | |||
ICICI Lombard General Insurance Company, Ltd. (B) | 4,220 | 71,047 | |||
ICICI Prudential Life Insurance Company, Ltd. (B) | 4,759 | 30,425 | |||
IDFC First Bank, Ltd. (A) | 60,771 | 34,136 | |||
IDFC, Ltd. (A) | 60,709 | 46,825 | |||
IIFL Finance, Ltd. | 6,181 | 24,419 | |||
IIFL Securities, Ltd. | 25,293 | 28,297 | |||
IIFL Wealth Management, Ltd. | 1,669 | 33,528 | |||
India Glycols, Ltd. | 1,050 | 10,682 | |||
Indiabulls Housing Finance, Ltd. | 11,122 | 22,346 | |||
Indian Bank | 7,502 | 14,366 | |||
Indian Energy Exchange, Ltd. (B) | 11,579 | 31,908 | |||
Indian Oil Corp., Ltd. | 38,014 | 58,373 | |||
Indo Count Industries, Ltd. | 5,802 | 13,748 | |||
Indraprastha Gas, Ltd. | 8,878 | 41,066 | |||
Indus Towers, Ltd. (A) | 22,994 | 66,274 | |||
IndusInd Bank, Ltd. | 5,361 | 65,862 | |||
Infibeam Avenues, Ltd. | 3,924 | 2,061 | |||
Info Edge India, Ltd. | 763 | 45,322 | |||
Infosys, Ltd. | 64,432 | 1,471,307 | |||
Inox Leisure, Ltd. (A) | 4,238 | 23,594 | |||
Intellect Design Arena, Ltd. (A) | 4,460 | 39,060 | |||
InterGlobe Aviation, Ltd. (A)(B) | 1,383 | 34,533 | |||
Ipca Laboratories, Ltd. | 3,912 | 51,058 |
29 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
IRB Infrastructure Developers, Ltd. (A) | 7,984 | $22,872 | |||
ITC, Ltd. | 64,928 | 186,997 | |||
Jaiprakash Power Ventures, Ltd. (A) | 246,265 | 23,877 | |||
Jamna Auto Industries, Ltd. | 8,736 | 11,896 | |||
JB Chemicals & Pharmaceuticals, Ltd. | 470 | 10,090 | |||
Jindal Poly Films, Ltd. | 849 | 11,616 | |||
Jindal Saw, Ltd. | 11,500 | 13,442 | |||
Jindal Stainless Hisar, Ltd. (A) | 8,000 | 37,846 | |||
Jindal Stainless, Ltd. (A) | 16,249 | 42,252 | |||
Jindal Steel & Power, Ltd. (A) | 23,412 | 133,136 | |||
JK Cement, Ltd. | 1,185 | 44,641 | |||
JK Paper, Ltd. | 7,345 | 21,957 | |||
JK Tyre & Industries, Ltd. | 5,594 | 7,933 | |||
JM Financial, Ltd. | 20,631 | 18,678 | |||
Johnson Controls-Hitachi Air Conditioning India, Ltd. (A) | 126 | 3,064 | |||
JSW Energy, Ltd. | 12,504 | 56,621 | |||
JSW Steel, Ltd. | 26,798 | 224,309 | |||
Jubilant Foodworks, Ltd. | 1,637 | 63,722 | |||
Jubilant Ingrevia, Ltd. | 7,891 | 52,586 | |||
Jubilant Pharmova, Ltd. | 4,250 | 22,416 | |||
Just Dial, Ltd. (A) | 254 | 2,528 | |||
Jyothy Labs, Ltd. | 3,881 | 7,043 | |||
Kajaria Ceramics, Ltd. | 2,313 | 33,466 | |||
Kalpataru Power Transmission, Ltd. | 4,585 | 23,905 | |||
Kansai Nerolac Paints, Ltd. | 2,011 | 12,124 | |||
KEC International, Ltd. | 5,101 | 31,976 | |||
KEI Industries, Ltd. | 2,534 | 33,474 | |||
Kirloskar Oil Engines, Ltd. | 5,185 | 9,108 | |||
KNR Constructions, Ltd. | 10,900 | 45,126 | |||
Kotak Mahindra Bank, Ltd. | 12,379 | 304,433 | |||
KPIT Technologies, Ltd. | 7,331 | 55,906 | |||
KPR Mill, Ltd. | 7,895 | 66,898 | |||
KRBL, Ltd. | 3,905 | 10,076 | |||
L&T Finance Holdings, Ltd. (A) | 29,921 | 26,400 | |||
L&T Technology Services, Ltd. (B) | 750 | 45,273 | |||
Lakshmi Machine Works, Ltd. | 116 | 15,919 | |||
Larsen & Toubro Infotech, Ltd. (B) | 1,279 | 99,539 | |||
Larsen & Toubro, Ltd. | 11,952 | 289,549 | |||
Laurus Labs, Ltd. (B) | 4,582 | 32,987 | |||
LIC Housing Finance, Ltd. | 15,156 | 69,619 | |||
Linde India, Ltd. | 1,190 | 43,633 | |||
LT Foods, Ltd. | 10,845 | 9,025 | |||
Lupin, Ltd. | 6,896 | 68,462 | |||
LUX Industries, Ltd. | 400 | 13,225 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 30 |
Shares | Value | ||||
India (continued) | |||||
Mahanagar Gas, Ltd. | 2,409 | $23,328 | |||
Maharashtra Scooters, Ltd. | 206 | 9,659 | |||
Mahindra & Mahindra Financial Services, Ltd. | 31,685 | 61,853 | |||
Mahindra & Mahindra, Ltd. | 17,094 | 180,513 | |||
Mahindra CIE Automotive, Ltd. (A) | 10,554 | 27,602 | |||
Mahindra Holidays & Resorts India, Ltd. (A) | 3,229 | 9,145 | |||
Mahindra Lifespace Developers, Ltd. (A) | 3,324 | 13,122 | |||
Manappuram Finance, Ltd. | 18,276 | 28,018 | |||
Mangalore Refinery & Petrochemicals, Ltd. (A) | 16,715 | 8,971 | |||
Marico, Ltd. | 10,341 | 70,149 | |||
Marksans Pharma, Ltd. | 20,609 | 12,966 | |||
Maruti Suzuki India, Ltd. | 1,071 | 118,571 | |||
MAS Financial Services, Ltd. (B) | 338 | 2,559 | |||
Mastek, Ltd. | 812 | 30,411 | |||
Max Financial Services, Ltd. (A) | 1,846 | 20,618 | |||
Max Healthcare Institute, Ltd. (A) | 1,786 | 8,917 | |||
Mayur Uniquoters, Ltd. | 1,222 | 6,539 | |||
Meghmani Finechem, Ltd. (A) | 811 | 8,302 | |||
Meghmani Organics, Ltd. | 8,623 | 10,850 | |||
Metropolis Healthcare, Ltd. (B) | 608 | 15,887 | |||
Minda Industries, Ltd. | 2,970 | 36,520 | |||
Mindtree, Ltd. | 1,858 | 96,210 | |||
MOIL, Ltd. | 4,627 | 10,429 | |||
Motherson Sumi Systems, Ltd. | 27,023 | 54,313 | |||
Motherson Sumi Wiring India, Ltd. (A)(D) | 27,023 | 12,481 | |||
Motilal Oswal Financial Services, Ltd. | 2,377 | 27,968 | |||
Mphasis, Ltd. | 2,800 | 116,001 | |||
MRF, Ltd. | 57 | 49,996 | |||
Multi Commodity Exchange of India, Ltd. | 573 | 9,736 | |||
Muthoot Finance, Ltd. | 5,198 | 95,256 | |||
Natco Pharma, Ltd. | 2,708 | 30,841 | |||
National Aluminium Company, Ltd. | 30,687 | 49,777 | |||
Navin Fluorine International, Ltd. | 486 | 25,344 | |||
Navneet Education, Ltd. | 6,879 | 7,598 | |||
NBCC India, Ltd. | 20,368 | 10,624 | |||
NCC, Ltd. | 22,228 | 18,712 | |||
NESCO, Ltd. | 1,774 | 13,168 | |||
Nestle India, Ltd. | 576 | 134,838 | |||
NHPC, Ltd. | 49,668 | 18,083 | |||
NIIT, Ltd. | 4,498 | 25,257 | |||
NMDC, Ltd. | 20,256 | 38,781 | |||
NOCIL, Ltd. | 4,078 | 11,483 | |||
NTPC, Ltd. | 64,531 | 114,917 | |||
Oberoi Realty, Ltd. (A) | 4,118 | 50,075 |
31 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Oil & Natural Gas Corp., Ltd. | 49,081 | $105,544 | |||
Oil India, Ltd. | 11,025 | 33,076 | |||
Omaxe, Ltd. (A) | 3,052 | 3,810 | |||
Oracle Financial Services Software, Ltd. | 733 | 33,208 | |||
Orient Cement, Ltd. | 11,602 | 22,514 | |||
Orient Electric, Ltd. | 2,268 | 9,941 | |||
Page Industries, Ltd. | 144 | 80,901 | |||
Parag Milk Foods, Ltd. (B) | 3,025 | 4,056 | |||
PCBL, Ltd. | 6,422 | 16,364 | |||
Persistent Systems, Ltd. | 1,634 | 85,542 | |||
Petronet LNG, Ltd. | 31,783 | 91,371 | |||
Pfizer, Ltd. | 365 | 21,373 | |||
PI Industries, Ltd. | 1,410 | 46,715 | |||
Pidilite Industries, Ltd. | 1,980 | 63,357 | |||
Piramal Enterprises, Ltd. | 2,644 | 73,792 | |||
PNB Housing Finance, Ltd. (A)(B) | 3,296 | 17,876 | |||
PNC Infratech, Ltd. | 3,706 | 13,087 | |||
Polyplex Corp., Ltd. | 423 | 10,261 | |||
Power Finance Corp., Ltd. | 36,899 | 54,133 | |||
Power Grid Corp. of India, Ltd. | 46,280 | 128,344 | |||
Praj Industries, Ltd. | 5,641 | 25,771 | |||
Prestige Estates Projects, Ltd. | 9,831 | 59,482 | |||
Prism Johnson, Ltd. (A) | 8,573 | 13,620 | |||
Procter & Gamble Health, Ltd. | 219 | 13,300 | |||
Procter & Gamble Hygiene & Health Care, Ltd. | 209 | 43,015 | |||
PTC India, Ltd. | 18,544 | 21,014 | |||
Punjab National Bank (A) | 48,156 | 22,482 | |||
PVR, Ltd. (A) | 507 | 11,060 | |||
Quess Corp., Ltd. (B) | 3,110 | 26,050 | |||
Radico Khaitan, Ltd. | 2,854 | 33,887 | |||
Rain Industries, Ltd. | 8,295 | 20,430 | |||
Rajesh Exports, Ltd. | 2,147 | 20,149 | |||
Rallis India, Ltd. | 4,796 | 14,942 | |||
Rashtriya Chemicals & Fertilizers, Ltd. | 12,255 | 11,667 | |||
Ratnamani Metals & Tubes, Ltd. | 755 | 22,566 | |||
Raymond, Ltd. (A) | 2,169 | 21,289 | |||
RBL Bank, Ltd. (A)(B) | 11,999 | 21,409 | |||
REC, Ltd. | 37,469 | 61,110 | |||
Redington India, Ltd. | 35,936 | 73,248 | |||
Relaxo Footwears, Ltd. | 1,337 | 21,584 | |||
Reliance Industries, Ltd. | 35,449 | 1,113,843 | |||
Reliance Power, Ltd. (A) | 70,059 | 12,312 | |||
Route Mobile, Ltd. | 484 | 9,608 | |||
Sanofi India, Ltd. | 330 | 31,805 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 32 |
Shares | Value | ||||
India (continued) | |||||
SBI Cards & Payment Services, Ltd. (A) | 1,618 | $16,973 | |||
SBI Life Insurance Company, Ltd. (B) | 3,012 | 42,625 | |||
Schaeffler India, Ltd. | 1,580 | 38,246 | |||
Sequent Scientific, Ltd. | 6,725 | 12,102 | |||
SH Kelkar & Company, Ltd. (B) | 2,917 | 5,661 | |||
Sheela Foam, Ltd. (A) | 243 | 10,860 | |||
Shoppers Stop, Ltd. (A) | 6,430 | 28,728 | |||
Shree Cement, Ltd. | 180 | 58,795 | |||
Shree Renuka Sugars, Ltd. (A) | 35,331 | 15,601 | |||
Shriram City Union Finance, Ltd. | 1,314 | 27,859 | |||
Shriram Transport Finance Company, Ltd. | 6,375 | 95,887 | |||
Siemens, Ltd. | 491 | 15,341 | |||
SKF India, Ltd. | 758 | 36,192 | |||
Sobha, Ltd. | 2,447 | 25,155 | |||
Solar Industries India, Ltd. | 775 | 23,772 | |||
Sonata Software, Ltd. | 2,617 | 25,685 | |||
SRF, Ltd. | 3,965 | 126,467 | |||
State Bank of India | 21,389 | 138,320 | |||
Steel Authority of India, Ltd. | 35,661 | 46,046 | |||
Sterlite Technologies, Ltd. | 5,984 | 14,033 | |||
Strides Pharma Science, Ltd. | 1,444 | 6,157 | |||
Sudarshan Chemical Industries, Ltd. | 1,793 | 12,785 | |||
Sun Pharmaceutical Industries, Ltd. | 14,156 | 159,077 | |||
Sun TV Network, Ltd. | 3,349 | 20,062 | |||
Sundaram Finance Holdings, Ltd. | 10,043 | 10,053 | |||
Sundaram Finance, Ltd. | 1,639 | 41,962 | |||
Sundaram-Clayton, Ltd. | 237 | 12,358 | |||
Sundram Fasteners, Ltd. | 4,560 | 51,766 | |||
Sunteck Realty, Ltd. | 3,702 | 23,811 | |||
Supreme Industries, Ltd. | 1,453 | 39,531 | |||
Supreme Petrochem, Ltd. | 1,965 | 17,396 | |||
Suven Pharmaceuticals, Ltd. | 6,276 | 42,745 | |||
Syngene International, Ltd. (A)(B) | 5,386 | 38,974 | |||
Tanla Platforms, Ltd. | 1,366 | 28,561 | |||
Tata Chemicals, Ltd. | 3,799 | 42,719 | |||
Tata Communications, Ltd. | 2,825 | 44,622 | |||
Tata Consultancy Services, Ltd. | 16,480 | 779,797 | |||
Tata Consumer Products, Ltd. | 10,052 | 95,904 | |||
Tata Elxsi, Ltd. | 1,315 | 112,841 | |||
Tata Metaliks, Ltd. | 1,562 | 15,411 | |||
Tata Motors, Ltd. (A) | 45,265 | 274,344 | |||
Tata Motors, Ltd., ADR (A)(C) | 670 | 20,294 | |||
Tata Steel, Ltd. | 20,635 | 337,083 | |||
Tech Mahindra, Ltd. | 14,267 | 268,426 |
33 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
The Great Eastern Shipping Company, Ltd. | 4,812 | $20,955 | |||
The India Cements, Ltd. | 6,706 | 18,072 | |||
The Indian Hotels Company, Ltd. | 24,411 | 64,686 | |||
The Karnataka Bank, Ltd. | 11,008 | 8,846 | |||
The Karur Vysya Bank, Ltd. | 30,314 | 19,244 | |||
The Phoenix Mills, Ltd. | 3,443 | 43,929 | |||
The Ramco Cements, Ltd. | 4,331 | 45,502 | |||
The South Indian Bank, Ltd. (A) | 46,489 | 5,024 | |||
The Tata Power Company, Ltd. | 40,459 | 120,622 | |||
Thermax, Ltd. | 1,264 | 30,535 | |||
Thomas Cook India, Ltd. (A) | 8,758 | 7,156 | |||
Thyrocare Technologies, Ltd. (B) | 792 | 9,049 | |||
Time Technoplast, Ltd. | 8,084 | 7,434 | |||
Timken India, Ltd. | 647 | 17,491 | |||
Titan Company, Ltd. | 3,956 | 134,870 | |||
Torrent Pharmaceuticals, Ltd. | 1,873 | 69,198 | |||
Torrent Power, Ltd. | 6,822 | 43,091 | |||
Trident, Ltd. | 47,028 | 31,916 | |||
Triveni Engineering & Industries, Ltd. | 7,321 | 24,262 | |||
Tube Investments of India, Ltd. | 3,500 | 71,619 | |||
TV18 Broadcast, Ltd. (A) | 11,410 | 9,248 | |||
TVS Motor Company, Ltd. | 3,096 | 25,388 | |||
UltraTech Cement, Ltd. | 1,688 | 147,784 | |||
United Breweries, Ltd. | 500 | 9,946 | |||
United Spirits, Ltd. (A) | 6,131 | 72,961 | |||
UPL, Ltd. | 19,517 | 173,496 | |||
VA Tech Wabag, Ltd. (A) | 1,854 | 7,430 | |||
Vaibhav Global, Ltd. | 4,525 | 25,109 | |||
Vakrangee, Ltd. | 23,506 | 9,869 | |||
Vardhman Textiles, Ltd. | 726 | 24,877 | |||
Varun Beverages, Ltd. | 3,804 | 47,781 | |||
Vedanta, Ltd. | 29,867 | 151,894 | |||
V-Guard Industries, Ltd. | 5,667 | 14,760 | |||
Vinati Organics, Ltd. | 1,364 | 33,763 | |||
V-Mart Retail, Ltd. (A) | 337 | 15,196 | |||
Vodafone Idea, Ltd. (A) | 184,086 | 25,400 | |||
Welspun Corp., Ltd. | 6,625 | 12,719 | |||
Welspun Enterprises, Ltd. | 5,021 | 5,271 | |||
Welspun India, Ltd. | 19,448 | 27,302 | |||
West Coast Paper Mills, Ltd. | 2,240 | 7,286 | |||
Westlife Development, Ltd. (A) | 1,598 | 9,833 | |||
Wheels India, Ltd. | 626 | 4,916 | |||
Wipro, Ltd. | 27,029 | 200,052 | |||
Wockhardt, Ltd. (A) | 2,843 | 12,945 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 34 |
Shares | Value | ||||
India (continued) | |||||
Yes Bank, Ltd. (A) | 23,603 | $4,201 | |||
Yes Bank, Ltd., Lock-In Shares (A)(E) | 70,811 | 11,016 | |||
Zee Entertainment Enterprises, Ltd. | 29,764 | 92,428 | |||
Zensar Technologies, Ltd. | 4,737 | 22,344 | |||
Indonesia 1.9% | 3,566,645 | ||||
Ace Hardware Indonesia Tbk PT | 416,900 | 31,154 | |||
Adaro Energy Tbk PT | 644,300 | 110,389 | |||
Adi Sarana Armada Tbk PT (A) | 48,100 | 8,534 | |||
AKR Corporindo Tbk PT | 325,500 | 17,218 | |||
Alam Sutera Realty Tbk PT (A) | 750,400 | 7,968 | |||
Aneka Tambang Tbk | 220,654 | 34,378 | |||
Arwana Citramulia Tbk PT | 400,400 | 24,946 | |||
Astra Agro Lestari Tbk PT | 17,300 | 13,729 | |||
Astra International Tbk PT | 270,800 | 109,819 | |||
Asuransi Maximus Graha Persada Tbk PT (A) | 277,300 | 3,828 | |||
Bakrie Telecom Tbk PT (A)(D) | 22,579,900 | 39,291 | |||
Bank BTPN Syariah Tbk PT | 79,200 | 19,876 | |||
Bank Central Asia Tbk PT | 789,500 | 445,725 | |||
Bank Jago Tbk PT (A) | 19,400 | 21,947 | |||
Bank Mandiri Persero Tbk PT | 201,392 | 108,881 | |||
Bank Mayapada International Tbk PT (A) | 212,800 | 9,301 | |||
Bank Negara Indonesia Persero Tbk PT | 107,203 | 60,067 | |||
Bank Pan Indonesia Tbk PT (A) | 191,900 | 10,733 | |||
Bank Rakyat Indonesia Persero Tbk PT | 922,227 | 294,892 | |||
Bank Syariah Indonesia Tbk PT (A) | 168,600 | 19,589 | |||
Bank Tabungan Negara Persero Tbk PT (A) | 190,698 | 23,705 | |||
Barito Pacific Tbk PT | 326,600 | 20,365 | |||
BFI Finance Indonesia Tbk PT | 176,700 | 15,924 | |||
BISI International Tbk PT | 514,000 | 35,650 | |||
Buana Lintas Lautan Tbk PT (A) | 605,600 | 4,828 | |||
Bukit Asam Tbk PT | 184,700 | 40,576 | |||
Bumi Serpong Damai Tbk PT (A) | 427,200 | 27,446 | |||
Bumi Teknokultura Unggul Tbk PT (A) | 1,489,900 | 5,185 | |||
Capital Financial Indonesia Tbk PT (A) | 369,300 | 14,141 | |||
Charoen Pokphand Indonesia Tbk PT | 184,420 | 74,676 | |||
Ciputra Development Tbk PT | 455,461 | 29,378 | |||
Citra Marga Nusaphala Persada Tbk PT (A) | 302,662 | 42,006 | |||
City Retail Developments Tbk PT (A) | 1,918,900 | 19,801 | |||
Elang Mahkota Teknologi Tbk PT (A) | 342,900 | 49,602 | |||
Erajaya Swasembada Tbk PT | 459,100 | 17,879 | |||
Garudafood Putra Putri Jaya Tbk PT | 598,700 | 21,077 | |||
Gudang Garam Tbk PT | 11,943 | 26,172 | |||
Hanson International Tbk PT (A)(D) | 4,000,200 | 13,921 |
35 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Indonesia (continued) | |||||
Indah Kiat Pulp & Paper Tbk PT | 98,200 | $55,494 | |||
Indika Energy Tbk PT (A) | 129,600 | 20,214 | |||
Indo Tambangraya Megah Tbk PT | 23,700 | 44,079 | |||
Indocement Tunggal Prakarsa Tbk PT | 39,800 | 30,490 | |||
Indofood CBP Sukses Makmur Tbk PT | 37,500 | 22,229 | |||
Indofood Sukses Makmur Tbk PT | 181,000 | 78,288 | |||
Indosat Tbk PT | 29,500 | 11,235 | |||
Industri Jamu Dan Farmasi Sido Muncul Tbk PT | 168,500 | 11,452 | |||
Inovisi Infracom Tbk PT (A)(D) | 671,012 | 131 | |||
Japfa Comfeed Indonesia Tbk PT | 311,000 | 34,159 | |||
Jasa Marga Persero Tbk PT (A) | 38,100 | 8,994 | |||
Kalbe Farma Tbk PT | 565,000 | 64,711 | |||
Kapuas Prima Coal Tbk PT (A) | 551,200 | 3,539 | |||
Link Net Tbk PT | 56,900 | 17,331 | |||
Lippo Karawaci Tbk PT (A) | 1,947,337 | 17,655 | |||
Matahari Department Store Tbk PT | 67,300 | 21,468 | |||
Mayora Indah Tbk PT | 103,900 | 12,648 | |||
Medco Energi Internasional Tbk PT (A) | 376,992 | 15,916 | |||
Media Nusantara Citra Tbk PT | 365,800 | 22,267 | |||
Medikaloka Hermina Tbk PT | 145,700 | 10,808 | |||
Merdeka Copper Gold Tbk PT (A) | 95,800 | 25,940 | |||
Metro Healthcare Indonesia Tbk PT (A) | 608,100 | 23,753 | |||
Metrodata Electronics Tbk PT | 198,500 | 8,580 | |||
Mitra Adiperkasa Tbk PT (A) | 359,500 | 19,759 | |||
Mitra Keluarga Karyasehat Tbk PT | 85,700 | 13,261 | |||
MNC Vision Networks Tbk PT (A) | 520,500 | 4,611 | |||
Pabrik Kertas Tjiwi Kimia Tbk PT | 20,000 | 10,434 | |||
Pacific Strategic Financial Tbk PT (A) | 134,200 | 10,786 | |||
Pakuwon Jati Tbk PT (A) | 592,000 | 19,060 | |||
Paninvest Tbk PT (A) | 379,500 | 18,795 | |||
Perusahaan Gas Negara Tbk PT (A) | 367,300 | 37,137 | |||
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT | 237,500 | 23,548 | |||
Pool Advista Indonesia Tbk PT (A)(D) | 37,300 | 130 | |||
PP Persero Tbk PT (A) | 214,287 | 14,432 | |||
Puradelta Lestari Tbk PT | 506,700 | 6,669 | |||
Ramayana Lestari Sentosa Tbk PT (A) | 152,300 | 6,698 | |||
Rimo International Lestari Tbk PT (A)(D) | 2,464,700 | 8,578 | |||
Sampoerna Agro Tbk PT (A) | 618,600 | 93,214 | |||
Samudera Indonesia Tbk PT | 157,500 | 14,993 | |||
Sarana Menara Nusantara Tbk PT | 545,700 | 39,462 | |||
Semen Indonesia Persero Tbk PT | 87,000 | 43,946 | |||
Siloam International Hospitals Tbk PT | 19,000 | 10,308 | |||
Sinar Mas Multiartha Tbk PT (A) | 37,000 | 30,207 | |||
Sri Rejeki Isman Tbk PT (A)(D) | 937,100 | 9,523 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 36 |
Shares | Value | ||||
Indonesia (continued) | |||||
Sugih Energy Tbk PT (A)(D) | 8,409,300 | $29,266 | |||
Sumber Alfaria Trijaya Tbk PT | 217,500 | 16,543 | |||
Summarecon Agung Tbk PT (A) | 388,947 | 18,887 | |||
Surya Citra Media Tbk PT (A) | 1,093,500 | 19,741 | |||
Surya Semesta Internusa Tbk PT (A) | 132,900 | 3,141 | |||
Suryainti Permata Tbk PT (A)(D) | 1,802,000 | 0 | |||
Telkom Indonesia Persero Tbk PT | 615,500 | 185,827 | |||
Tempo Scan Pacific Tbk PT | 65,700 | 6,860 | |||
Timah Tbk PT (A) | 128,900 | 14,347 | |||
Tower Bersama Infrastructure Tbk PT | 200,600 | 41,253 | |||
Trada Alam Minera Tbk PT (A)(D) | 1,919,200 | 4,675 | |||
Transcoal Pacific Tbk PT (A) | 27,200 | 17,057 | |||
Trias Sentosa Tbk PT | 706,000 | 26,387 | |||
Truba Alam Manunggal Engineering PT (A)(D) | 19,436,000 | 0 | |||
Tunas Ridean Tbk PT | 542,200 | 51,047 | |||
Ultrajaya Milk Industry & Trading Company Tbk PT | 211,100 | 22,577 | |||
Unilever Indonesia Tbk PT | 123,800 | 31,857 | |||
United Tractors Tbk PT | 67,500 | 117,786 | |||
Vale Indonesia Tbk PT | 65,100 | 24,624 | |||
Waskita Beton Precast Tbk PT (A)(D) | 592,800 | 3,920 | |||
Waskita Karya Persero Tbk PT (A) | 458,390 | 18,305 | |||
Wijaya Karya Persero Tbk PT (A) | 178,676 | 12,686 | |||
XL Axiata Tbk PT | 141,800 | 28,330 | |||
Malaysia 1.6% | 2,958,343 | ||||
7-Eleven Malaysia Holdings BHD | 7,039 | 2,449 | |||
AEON Credit Service M BHD | 5,700 | 19,948 | |||
Alliance Bank Malaysia BHD | 38,100 | 31,186 | |||
AMMB Holdings BHD (A) | 46,050 | 36,932 | |||
Axiata Group BHD | 52,007 | 48,698 | |||
Bank Islam Malaysia BHD | 26,000 | 18,536 | |||
Batu Kawan BHD | 18,700 | 113,380 | |||
Berjaya Sports Toto BHD | 31,065 | 14,154 | |||
Bermaz Auto BHD | 28,600 | 12,188 | |||
Bintulu Port Holdings BHD | 300 | 351 | |||
Boustead Holdings BHD (A) | 20,507 | 2,987 | |||
Boustead Plantations BHD | 760 | 214 | |||
British American Tobacco Malaysia BHD | 6,400 | 18,603 | |||
Bursa Malaysia BHD | 12,800 | 19,251 | |||
Cahya Mata Sarawak BHD | 29,300 | 8,401 | |||
Carlsberg Brewery Malaysia BHD | 3,600 | 17,319 | |||
CIMB Group Holdings BHD | 84,364 | 114,920 | |||
Cypark Resources BHD (A) | 34,200 | 6,933 | |||
D&O Green Technologies BHD | 21,500 | 24,287 |
37 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Malaysia (continued) | |||||
Dayang Enterprise Holdings BHD (C) | 35,200 | $7,275 | |||
Dialog Group BHD | 48,660 | 32,783 | |||
DiGi.Com BHD | 56,480 | 54,602 | |||
DRB-Hicom BHD | 45,900 | 16,224 | |||
Dufu Technology Corp. BHD | 12,500 | 8,641 | |||
Eco World Development Group BHD | 30,700 | 7,706 | |||
Fraser & Neave Holdings BHD | 5,600 | 30,178 | |||
Frontken Corp. BHD | 29,400 | 20,426 | |||
Gamuda BHD | 40,633 | 27,901 | |||
Genting BHD | 29,800 | 33,032 | |||
Genting Malaysia BHD | 34,700 | 24,835 | |||
Genting Plantations BHD | 10,000 | 21,718 | |||
Globetronics Technology BHD | 39,686 | 13,309 | |||
Greatech Technology BHD (A) | 17,200 | 17,272 | |||
Guan Chong BHD | 16,900 | 10,971 | |||
HAP Seng Consolidated BHD | 15,839 | 28,588 | |||
Hartalega Holdings BHD | 30,300 | 33,305 | |||
Heineken Malaysia BHD | 2,100 | 11,030 | |||
Hibiscus Petroleum BHD | 88,200 | 25,465 | |||
Hong Leong Bank BHD | 9,434 | 45,165 | |||
Hong Leong Financial Group BHD | 4,961 | 22,857 | |||
IGB BHD | 46,549 | 21,718 | |||
IHH Healthcare BHD | 21,200 | 33,260 | |||
IJM Corp. BHD | 68,160 | 25,059 | |||
Inari Amertron BHD | 43,036 | 33,322 | |||
IOI Corp. BHD | 43,100 | 47,358 | |||
IOI Properties Group BHD (C) | 48,571 | 11,915 | |||
JAKS Resources BHD (A) | 114,140 | 10,068 | |||
Keck Seng Malaysia BHD (A) | 65,150 | 55,918 | |||
Kim Loong Resources BHD | 100 | 50 | |||
Kossan Rubber Industries BHD | 36,500 | 15,048 | |||
KPJ Healthcare BHD (C) | 45,500 | 11,282 | |||
Kuala Lumpur Kepong BHD | 7,605 | 47,065 | |||
Lingkaran Trans Kota Holdings BHD | 11,700 | 10,834 | |||
Lotte Chemical Titan Holding BHD (B) | 467 | 243 | |||
LPI Capital BHD | 11,020 | 36,836 | |||
Magnum BHD (C) | 35,653 | 16,088 | |||
Mah Sing Group BHD | 64,500 | 10,379 | |||
Malakoff Corp. BHD | 78,100 | 12,689 | |||
Malayan Banking BHD | 69,632 | 145,493 | |||
Malaysia Airports Holdings BHD (A) | 22,388 | 32,858 | |||
Malaysia Building Society BHD (C) | 76,431 | 10,576 | |||
Malaysian Pacific Industries BHD | 2,238 | 19,267 | |||
Malaysian Resources Corp. BHD | 124,363 | 10,542 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 38 |
Shares | Value | ||||
Malaysia (continued) | |||||
Matrix Concepts Holdings BHD | 19,800 | $11,353 | |||
Maxis BHD | 33,685 | 32,295 | |||
Mega First Corp. BHD | 6,600 | 5,592 | |||
MISC BHD | 14,650 | 25,695 | |||
Muhibbah Engineering M BHD (A) | 10,300 | 1,565 | |||
My EG Services BHD | 124,094 | 28,478 | |||
Nestle Malaysia BHD | 1,400 | 44,739 | |||
Padini Holdings BHD | 21,500 | 17,304 | |||
Pentamaster Corp. BHD | 13,562 | 10,563 | |||
Petronas Chemicals Group BHD | 33,200 | 75,643 | |||
Petronas Dagangan BHD | 5,900 | 30,312 | |||
Petronas Gas BHD | 8,300 | 34,457 | |||
PPB Group BHD | 6,300 | 26,926 | |||
Press Metal Aluminium Holdings BHD | 38,700 | 63,090 | |||
Public Bank BHD | 245,800 | 261,051 | |||
QL Resources BHD | 21,735 | 25,594 | |||
RHB Bank BHD | 32,042 | 45,157 | |||
Sam Engineering & Equipment M BHD | 3,000 | 15,460 | |||
Sapura Energy BHD (A) | 592,857 | 5,669 | |||
Scientex BHD | 11,900 | 12,566 | |||
SEG International BHD | 33,942 | 5,141 | |||
Serba Dinamik Holdings BHD (D) | 57,750 | 4,814 | |||
Sime Darby BHD | 93,374 | 50,566 | |||
Sime Darby Plantation BHD | 26,414 | 30,990 | |||
Sime Darby Property BHD (C) | 130,274 | 19,097 | |||
SKP Resources BHD | 21,625 | 7,711 | |||
SP Setia BHD Group (A) | 53,308 | 16,250 | |||
Sunway BHD | 29,977 | 12,127 | |||
Supermax Corp. BHD | 29,360 | 7,351 | |||
Syarikat Takaful Malaysia Keluarga BHD | 29,319 | 26,010 | |||
Ta Ann Holdings BHD | 15,400 | 20,172 | |||
Tan Chong Motor Holdings BHD | 3,800 | 1,013 | |||
Telekom Malaysia BHD | 15,756 | 18,989 | |||
Tenaga Nasional BHD | 28,100 | 61,426 | |||
TIME dotCom BHD | 33,120 | 33,572 | |||
Top Glove Corp. BHD (C) | 90,400 | 44,119 | |||
UMW Holdings BHD | 14,100 | 10,328 | |||
Unisem (M) BHD | 19,000 | 13,437 | |||
United Malacca BHD | 29,750 | 42,051 | |||
United Plantations BHD | 4,900 | 17,765 | |||
UWC BHD | 20,500 | 19,843 | |||
Velesto Energy BHD (A) | 250,631 | 7,239 | |||
ViTrox Corp. BHD | 8,400 | 14,969 | |||
VS Industry BHD | 39,700 | 10,930 |
39 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Malaysia (continued) | |||||
Westports Holdings BHD | 20,500 | $19,107 | |||
Yinson Holdings BHD | 22,100 | 27,743 | |||
YTL Corp. BHD | 152,561 | 20,186 | |||
Mexico 2.8% | 5,280,965 | ||||
ALEATICA SAB de CV (A) | 9,600 | 8,906 | |||
Alfa SAB de CV, Class A | 190,450 | 140,971 | |||
Alpek SAB de CV | 28,981 | 37,286 | |||
Alsea SAB de CV (A) | 18,670 | 40,893 | |||
America Movil SAB de CV, Series L | 475,298 | 432,110 | |||
Arca Continental SAB de CV | 3,472 | 22,886 | |||
Banco del Bajio SA (B) | 31,497 | 76,586 | |||
Becle SAB de CV | 6,635 | 16,606 | |||
Bolsa Mexicana de Valores SAB de CV | 16,163 | 31,243 | |||
Cemex SAB de CV, Series CPO (A) | 188,452 | 96,798 | |||
Coca-Cola Femsa SAB de CV | 5,951 | 32,950 | |||
Coca-Cola Femsa SAB de CV, ADR | 600 | 33,036 | |||
Controladora Vuela Cia de Aviacion SAB de CV, Class A (A) | 27,701 | 52,830 | |||
Corp. Inmobiliaria Vesta SAB de CV | 16,677 | 29,965 | |||
Dine SAB de CV | 103,700 | 96,201 | |||
El Puerto de Liverpool SAB de CV, Series C1 | 5,226 | 25,488 | |||
Elementia Materiales SAB de CV (A) | 11,089 | 10,071 | |||
Fomento Economico Mexicano SAB de CV | 16,775 | 134,791 | |||
Fortaleza Materiales SAB de CV (A)(B) | 11,089 | 10,016 | |||
GCC SAB de CV | 5,743 | 38,132 | |||
Genomma Lab Internacional SAB de CV, Class B (C) | 23,657 | 21,565 | |||
Gentera SAB de CV (A) | 62,333 | 46,930 | |||
Gruma SAB de CV, Class B | 5,255 | 71,162 | |||
Grupo Aeroportuario del Centro Norte SAB de CV | 5,615 | 40,441 | |||
Grupo Aeroportuario del Pacifico SAB de CV, ADR (A) | 536 | 78,406 | |||
Grupo Aeroportuario del Sureste SAB de CV, ADR | 328 | 70,828 | |||
Grupo Bimbo SAB de CV, Series A | 34,330 | 106,270 | |||
Grupo Carso SAB de CV, Series A1 | 10,209 | 30,935 | |||
Grupo Comercial Chedraui SA de CV | 18,846 | 42,466 | |||
Grupo Elektra SAB de CV | 1,095 | 72,177 | |||
Grupo Financiero Banorte SAB de CV, Series O | 28,291 | 191,991 | |||
Grupo Financiero Inbursa SAB de CV, Series O (A) | 26,868 | 43,908 | |||
Grupo Gigante SAB de CV (A) | 166,920 | 215,730 | |||
Grupo Herdez SAB de CV | 9,671 | 13,576 | |||
Grupo Hotelero Santa Fe SAB de CV (A) | 83,186 | 16,246 | |||
Grupo Industrial Saltillo SAB de CV | 41,607 | 54,139 | |||
Grupo KUO SAB de CV, Series B | 136,788 | 295,002 | |||
Grupo Mexico SAB de CV, Series B | 46,976 | 239,960 | |||
Grupo Sanborns SAB de CV (A) | 187,200 | 210,224 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 40 |
Shares | Value | ||||
Mexico (continued) | |||||
Grupo Simec SAB de CV, Series B (A) | 12,062 | $114,254 | |||
Grupo Televisa SAB, Series CPO | 71,864 | 153,721 | |||
Hoteles City Express SAB de CV (A) | 17,674 | 4,617 | |||
Industrias Bachoco SAB de CV, Series B | 7,795 | 26,101 | |||
Industrias CH SAB de CV, Series B (A) | 14,379 | 144,590 | |||
Industrias Penoles SAB de CV | 4,093 | 51,418 | |||
Kimberly-Clark de Mexico SAB de CV, Class A | 26,978 | 37,712 | |||
La Comer SAB de CV | 12,689 | 23,357 | |||
Megacable Holdings SAB de CV, Series CPO | 31,270 | 91,989 | |||
Minera Frisco SAB de CV, Series A1 (A) | 554,562 | 93,415 | |||
Nemak SAB de CV (A)(B) | 93,240 | 19,348 | |||
Orbia Advance Corp. SAB de CV | 36,132 | 92,301 | |||
Organizacion Cultiba SAB de CV (A) | 45,332 | 21,912 | |||
Organizacion Soriana SAB de CV, Series B | 603,532 | 717,543 | |||
Promotora y Operadora de Infraestructura SAB de CV | 7,381 | 58,018 | |||
Promotora y Operadora de Infraestructura SAB de CV, L Shares | 4,040 | 18,286 | |||
Qualitas Controladora SAB de CV | 4,704 | 25,770 | |||
Regional SAB de CV | 9,060 | 53,804 | |||
Telesites SAB de CV | 46,039 | 51,342 | |||
Unifin Financiera SAB de CV (A)(C) | 10,570 | 13,160 | |||
Vitro SAB de CV, Series A | 21,684 | 21,175 | |||
Wal-Mart de Mexico SAB de CV | 57,087 | 217,411 | |||
Netherlands 0.0% | 12,673 | ||||
VEON, Ltd., ADR (A) | 24,593 | 12,673 | |||
Peru 0.1% | 216,323 | ||||
Cia de Minas Buenaventura SAA, ADR (A) | 2,497 | 24,720 | |||
Credicorp, Ltd. | 1,266 | 191,483 | |||
Fossal SAA, ADR (A) | 48 | 120 | |||
Philippines 1.3% | 2,497,032 | ||||
8990 Holdings, Inc. | 111,700 | 30,078 | |||
Aboitiz Equity Ventures, Inc. | 50,150 | 58,569 | |||
Aboitiz Power Corp. | 37,100 | 26,112 | |||
AC Energy Corp. | 49,500 | 8,225 | |||
ACR Mining Corp. (A)(D) | 3,145 | 1,098 | |||
Alliance Global Group, Inc. | 165,600 | 41,399 | |||
Ayala Corp. | 2,700 | 44,769 | |||
Ayala Land, Inc. | 54,500 | 41,547 | |||
Bank of the Philippine Islands | 50,510 | 98,717 | |||
BDO Unibank, Inc. | 54,922 | 139,181 | |||
Belle Corp. (A) | 887,000 | 23,189 | |||
Bloomberry Resorts Corp. (A) | 164,300 | 23,759 | |||
Century Pacific Food, Inc. | 56,050 | 29,273 |
41 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Philippines (continued) | |||||
China Banking Corp. | 154,535 | $79,874 | |||
COL Financial Group, Inc. | 100,000 | 7,887 | |||
Cosco Capital, Inc. | 126,900 | 12,616 | |||
D&L Industries, Inc. | 183,300 | 28,745 | |||
DMCI Holdings, Inc. | 193,100 | 31,977 | |||
Eagle Cement Corp. | 35,100 | 9,343 | |||
Emperador, Inc. | 80,000 | 30,155 | |||
Filinvest Land, Inc. | 909,750 | 19,522 | |||
First Gen Corp. | 19,700 | 10,748 | |||
First Philippine Holdings Corp. | 16,990 | 23,373 | |||
Globe Telecom, Inc. | 540 | 27,133 | |||
GT Capital Holdings, Inc. | 2,746 | 31,098 | |||
Integrated Micro-Electronics, Inc. (A) | 54,655 | 8,896 | |||
International Container Terminal Services, Inc. | 16,190 | 66,726 | |||
JG Summit Holdings, Inc. | 23,617 | 27,895 | |||
Jollibee Foods Corp. | 4,950 | 23,280 | |||
LT Group, Inc. | 87,200 | 16,507 | |||
Manila Electric Company | 5,260 | 37,849 | |||
Max’s Group, Inc. (A) | 52,200 | 6,560 | |||
Megaworld Corp. | 515,500 | 32,389 | |||
Metro Pacific Investments Corp. | 465,300 | 35,209 | |||
Metropolitan Bank & Trust Company | 43,064 | 48,046 | |||
Nickel Asia Corp. | 255,060 | 38,638 | |||
Petron Corp. (A) | 165,900 | 11,127 | |||
Philex Mining Corp. | 67,800 | 7,883 | |||
Philippine Stock Exchange, Inc. | 12,074 | 52,879 | |||
Phoenix Petroleum Philippines, Inc. (A) | 100,600 | 21,141 | |||
PLDT, Inc. | 1,530 | 53,699 | |||
Puregold Price Club, Inc. | 41,800 | 28,718 | |||
RFM Corp. | 101,000 | 9,164 | |||
Rizal Commercial Banking Corp. | 184,093 | 75,527 | |||
Robinsons Land Corp. | 107,596 | 40,509 | |||
Robinsons Retail Holdings, Inc. | 27,050 | 32,580 | |||
San Miguel Corp. | 16,534 | 34,283 | |||
San Miguel Food and Beverage, Inc. | 21,830 | 28,504 | |||
Security Bank Corp. | 10,247 | 23,389 | |||
Semirara Mining & Power Corp. | 82,220 | 44,581 | |||
SM Investments Corp. | 2,595 | 45,144 | |||
SM Prime Holdings, Inc. | 84,904 | 66,267 | |||
Top Frontier Investment Holdings, Inc. (A) | 24,482 | 58,817 | |||
Union Bank of the Philippines | 269,888 | 526,351 | |||
Universal Robina Corp. | 20,710 | 48,538 | |||
Vista Land & Lifescapes, Inc. | 295,200 | 17,625 | |||
Vistamalls, Inc. | 172,400 | 11,758 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 42 |
Shares | Value | ||||
Philippines (continued) | |||||
Wilcon Depot, Inc. | 66,800 | $38,166 | |||
Poland 0.7% | 1,369,368 | ||||
Alior Bank SA (A) | 5,260 | 58,594 | |||
Asseco Poland SA | 1,702 | 29,991 | |||
Bank Handlowy w Warszawie SA | 1,958 | 27,001 | |||
Bank Millennium SA (A) | 25,326 | 42,236 | |||
Bank Polska Kasa Opieki SA | 1,680 | 46,089 | |||
Benefit Systems SA (A) | 45 | 6,122 | |||
Budimex SA | 366 | 19,909 | |||
CCC SA (A) | 1,168 | 14,862 | |||
CD Projekt SA | 1,263 | 50,166 | |||
Ciech SA | 2,152 | 20,674 | |||
Cyfrowy Polsat SA | 4,096 | 26,517 | |||
Dino Polska SA (A)(B) | 881 | 61,949 | |||
Dom Development SA | 481 | 11,945 | |||
Enea SA (A) | 9,798 | 20,437 | |||
Eurocash SA | 3,066 | 6,936 | |||
Famur SA (A) | 18,129 | 10,006 | |||
Firma Oponiarska Debica SA | 1,550 | 26,144 | |||
Globe Trade Centre SA (A) | 16,195 | 25,225 | |||
Grupa Azoty SA (A) | 2,417 | 18,731 | |||
Grupa Kety SA | 368 | 50,482 | |||
Grupa Lotos SA (A) | 2,650 | 34,000 | |||
ING Bank Slaski SA | 539 | 30,764 | |||
Inter Cars SA | 235 | 22,935 | |||
Jastrzebska Spolka Weglowa SA (A) | 2,183 | 25,500 | |||
KGHM Polska Miedz SA | 2,494 | 97,932 | |||
KRUK SA | 617 | 38,524 | |||
LiveChat Software SA | 519 | 12,031 | |||
LPP SA | 20 | 41,133 | |||
Lubelski Wegiel Bogdanka SA (A) | 888 | 7,718 | |||
mBank SA (A) | 266 | 25,997 | |||
Neuca SA | 55 | 9,797 | |||
Orange Polska SA (A) | 19,328 | 35,919 | |||
PGE Polska Grupa Energetyczna SA (A) | 22,745 | 44,122 | |||
Polski Koncern Naftowy ORLEN SA | 8,896 | 150,270 | |||
Polskie Gornictwo Naftowe i Gazownictwo SA | 25,583 | 33,716 | |||
Powszechna Kasa Oszczednosci Bank Polski SA (A) | 6,409 | 61,594 | |||
Powszechny Zaklad Ubezpieczen SA | 6,302 | 47,282 | |||
Santander Bank Polska SA | 525 | 39,325 | |||
Tauron Polska Energia SA (A) | 42,147 | 24,757 | |||
Wirtualna Polska Holding SA | 420 | 12,036 |
43 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Qatar 0.8% | $1,588,850 | ||||
Aamal Company | 78,358 | 25,816 | |||
Al Meera Consumer Goods Company QSC | 2,564 | 14,046 | |||
Baladna | 26,118 | 10,543 | |||
Barwa Real Estate Company | 68,261 | 68,064 | |||
Commercial Bank PSQC | 32,552 | 61,887 | |||
Doha Bank QPSC | 37,593 | 29,393 | |||
Gulf International Services QSC (A) | 55,100 | 27,096 | |||
Gulf Warehousing Company | 16,297 | 19,920 | |||
Industries Qatar QSC | 6,395 | 32,140 | |||
Investment Holding Group (A) | 78,872 | 44,725 | |||
Mannai Corp. QSC | 13,134 | 28,844 | |||
Masraf Al Rayan QSC | 36,824 | 50,536 | |||
Mazaya Real Estate Development QPSC | 25,140 | 6,324 | |||
Medicare Group | 4,460 | 9,583 | |||
Mesaieed Petrochemical Holding Company | 67,059 | 49,184 | |||
Ooredoo QPSC | 28,318 | 59,696 | |||
Qatar Electricity & Water Company QSC | 10,668 | 52,798 | |||
Qatar First Bank (A) | 42,751 | 21,076 | |||
Qatar Fuel QSC | 7,605 | 38,814 | |||
Qatar Gas Transport Company, Ltd. | 86,634 | 89,761 | |||
Qatar Insurance Company SAQ (A) | 47,574 | 32,795 | |||
Qatar International Islamic Bank QSC | 15,175 | 42,759 | |||
Qatar Islamic Bank SAQ | 24,617 | 142,635 | |||
Qatar National Bank QPSC | 78,265 | 469,653 | |||
Qatar National Cement Company QSC | 7,683 | 13,075 | |||
Qatar Navigation QSC | 18,660 | 43,402 | |||
Salam International Investment, Ltd., QSC (A) | 80,910 | 22,404 | |||
United Development Company QSC | 78,676 | 36,152 | |||
Vodafone Qatar QSC | 67,886 | 32,465 | |||
Zad Holding Company | 2,835 | 13,264 | |||
Romania 0.1% | 81,122 | ||||
NEPI Rockcastle PLC | 12,693 | 81,122 | |||
Russia 0.3% | 498,719 | ||||
Etalon Group PLC, GDR | 2,625 | 680 | |||
Gazprom PJSC, ADR | 30,453 | 80,564 | |||
Globaltrans Investment PLC, GDR | 2,640 | 4,936 | |||
LUKOIL PJSC, ADR | 3,474 | 65,161 | |||
Magnitogorsk Iron & Steel Works PJSC, GDR | 2,363 | 6,617 | |||
MMC Norilsk Nickel PJSC, ADR | 5,418 | 74,391 | |||
Mobile TeleSystems PJSC, ADR | 7,477 | 41,124 | |||
Novatek PJSC, GDR | 143 | 5,509 | |||
Novolipetsk Steel PJSC, GDR | 1,198 | 9,185 | |||
PhosAgro PJSC, GDR | 1,991 | 12,181 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 44 |
Shares | Value | ||||
Russia (continued) | |||||
Polyus PJSC, GDR | 589 | $31,434 | |||
Ros Agro PLC, GDR | 1,484 | 6,547 | |||
Rosneft Oil Company PJSC, GDR | 7,688 | 20,910 | |||
Rostelecom PJSC, ADR | 3,714 | 15,133 | |||
RusHydro PJSC, ADR | 28,619 | 14,357 | |||
Sberbank of Russia PJSC, ADR | 23,885 | 29,856 | |||
Severstal PAO, GDR | 2,129 | 10,808 | |||
Tatneft PJSC, ADR | 2,610 | 40,325 | |||
VK Company, Ltd., GDR (A) | 1,119 | 812 | |||
VTB Bank PJSC, GDR | 23,800 | 23,618 | |||
X5 Retail Group NV, GDR | 1,747 | 4,571 | |||
Saudi Arabia 3.0% | 5,708,896 | ||||
Abdullah Al Othaim Markets Company | 918 | 27,303 | |||
Advanced Petrochemical Company | 2,127 | 42,674 | |||
Al Hammadi Company for Development and Investment | 3,031 | 33,146 | |||
Al Moammar Information Systems Company | 488 | 19,867 | |||
Al Rajhi Bank | 18,847 | 808,569 | |||
Al Rajhi Company for Co-operative Insurance (A) | 630 | 14,293 | |||
AlAbdullatif Industrial Investment Company (A) | 1,143 | 8,156 | |||
Alaseel Company | 626 | 7,083 | |||
Aldrees Petroleum and Transport Services Company | 992 | 22,207 | |||
Alinma Bank | 17,022 | 161,404 | |||
Almarai Company JSC | 5,502 | 73,767 | |||
Arab National Bank | 7,515 | 56,181 | |||
Arabian Cement Company | 2,332 | 24,980 | |||
Arabian Centres Company, Ltd. | 1,874 | 11,347 | |||
Arriyadh Development Company | 5,023 | 35,002 | |||
Aseer Trading Tourism & Manufacturing Company (A) | 1,612 | 8,883 | |||
Astra Industrial Group | 898 | 9,423 | |||
Bank AlBilad (A) | 8,156 | 128,356 | |||
Bank Al-Jazira | 12,679 | 91,100 | |||
Banque Saudi Fransi | 6,999 | 99,404 | |||
Bupa Arabia for Cooperative Insurance Company | 2,041 | 88,505 | |||
City Cement Company | 1,425 | 8,094 | |||
Dallah Healthcare Company | 1,278 | 27,999 | |||
Dar Al Arkan Real Estate Development Company (A) | 17,729 | 51,804 | |||
Dr Sulaiman Al Habib Medical Services Group Company | 942 | 43,077 | |||
Dur Hospitality Company (A) | 2,348 | 20,601 | |||
Eastern Province Cement Company | 818 | 9,132 | |||
Electrical Industries Company | 2,157 | 15,501 | |||
Emaar Economic City (A) | 9,070 | 30,053 | |||
Etihad Etisalat Company | 17,243 | 160,709 | |||
Fawaz Abdulaziz Al Hokair & Company (A) | 5,033 | 21,082 |
45 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Saudi Arabia (continued) | |||||
Halwani Brothers Company (A) | 466 | $11,059 | |||
Herfy Food Services Company | 703 | 10,878 | |||
Jarir Marketing Company | 1,385 | 77,331 | |||
Jazan Energy and Development Company (A) | 1,882 | 9,453 | |||
Leejam Sports Company JSC | 843 | 28,588 | |||
Maharah Human Resources Company | 995 | 20,616 | |||
Mediterranean & Gulf Insurance & Reinsurance Company (A) | 2,406 | 11,388 | |||
Middle East Paper Company (A) | 1,693 | 21,967 | |||
Mobile Telecommunications Company Saudi Arabia (A) | 18,142 | 65,165 | |||
Mouwasat Medical Services Company | 991 | 54,973 | |||
Najran Cement Company | 4,857 | 23,658 | |||
National Gas & Industrialization Company | 1,152 | 16,973 | |||
National Gypsum | 1,677 | 20,896 | |||
National Industrialization Company (A) | 7,052 | 42,719 | |||
National Petrochemical Company | 3,266 | 39,413 | |||
Northern Region Cement Company | 4,267 | 14,722 | |||
Rabigh Refining & Petrochemical Company (A) | 9,052 | 59,424 | |||
Riyad Bank | 18,825 | 178,431 | |||
SABIC Agri-Nutrients Company | 3,477 | 148,148 | |||
Sahara International Petrochemical Company | 13,711 | 171,499 | |||
Saudi Arabian Mining Company (A) | 8,077 | 230,570 | |||
Saudi Automotive Services Company | 1,130 | 11,783 | |||
Saudi Basic Industries Corp. | 12,344 | 411,516 | |||
Saudi Cement Company | 3,305 | 49,123 | |||
Saudi Ceramic Company | 1,342 | 17,578 | |||
Saudi Chemical Company Holding | 2,191 | 20,177 | |||
Saudi Company For Hardware CJSC | 1,537 | 18,224 | |||
Saudi Electricity Company | 12,156 | 89,719 | |||
Saudi Ground Services Company (A) | 2,496 | 23,375 | |||
Saudi Industrial Investment Group | 6,486 | 61,240 | |||
Saudi Industrial Services Company | 1,613 | 12,528 | |||
Saudi Kayan Petrochemical Company (A) | 32,690 | 178,715 | |||
Saudi Pharmaceutical Industries & Medical Appliances Corp. | 1,447 | 15,010 | |||
Saudi Real Estate Company (A) | 3,007 | 16,963 | |||
Saudi Research & Media Group (A) | 827 | 55,162 | |||
Saudi Telecom Company | 13,737 | 419,133 | |||
Saudia Dairy & Foodstuff Company | 624 | 28,489 | |||
Seera Group Holding (A) | 7,450 | 42,158 | |||
Southern Province Cement Company | 1,999 | 36,310 | |||
Tabuk Cement Company (A) | 2,710 | 12,709 | |||
The Company for Cooperative Insurance | 1,474 | 30,979 | |||
The National Agriculture Development Company (A) | 1,158 | 9,548 | |||
The Qassim Cement Company | 1,844 | 37,926 | |||
The Saudi British Bank | 13,370 | 138,333 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 46 |
Shares | Value | ||||
Saudi Arabia (continued) | |||||
The Saudi Investment Bank | 12,910 | $60,704 | |||
The Saudi National Bank | 8,618 | 156,993 | |||
The Savola Group | 9,987 | 90,479 | |||
Umm Al-Qura Cement Company | 2,052 | 12,854 | |||
United Electronics Company | 1,193 | 41,466 | |||
United International Transportation Company | 1,703 | 22,183 | |||
Walaa Cooperative Insurance Company (A) | 1,753 | 8,508 | |||
Yamama Cement Company (A) | 3,651 | 25,609 | |||
Yanbu Cement Company | 2,788 | 28,283 | |||
Yanbu National Petrochemical Company | 5,859 | 107,546 | |||
Singapore 0.1% | 89,803 | ||||
JOYY, Inc., ADR | 1,940 | 89,803 | |||
South Africa 4.0% | 7,602,151 | ||||
Absa Group, Ltd. | 16,754 | 192,615 | |||
Advtech, Ltd. | 30,094 | 31,249 | |||
AECI, Ltd. | 4,099 | 28,907 | |||
African Rainbow Minerals, Ltd. | 5,734 | 102,342 | |||
Alexander Forbes Group Holdings, Ltd. | 77,526 | 18,685 | |||
Anglo American Platinum, Ltd. | 894 | 139,403 | |||
AngloGold Ashanti, Ltd. | 7,245 | 169,511 | |||
AngloGold Ashanti, Ltd., ADR | 4,794 | 111,413 | |||
Aspen Pharmacare Holdings, Ltd. | 9,807 | 128,466 | |||
Astral Foods, Ltd. | 1,655 | 17,567 | |||
AVI, Ltd. | 10,986 | 51,247 | |||
Barloworld, Ltd. | 12,459 | 99,423 | |||
Bid Corp., Ltd. | 5,510 | 112,098 | |||
Blue Label Telecoms, Ltd. (A) | 40,650 | 14,049 | |||
Capitec Bank Holdings, Ltd. | 718 | 96,939 | |||
Cashbuild, Ltd. | 822 | 14,811 | |||
Caxton & CTP Publishers & Printers, Ltd. | 83,154 | 48,745 | |||
Clicks Group, Ltd. | 6,184 | 120,029 | |||
Coronation Fund Managers, Ltd. | 8,366 | 25,002 | |||
Curro Holdings, Ltd. (A) | 9,885 | 8,615 | |||
DataTec, Ltd. | 9,421 | 22,418 | |||
Dis-Chem Pharmacies, Ltd. (B) | 12,218 | 27,499 | |||
Discovery, Ltd. (A) | 10,045 | 102,871 | |||
Distell Group Holdings, Ltd. (A) | 2,740 | 30,481 | |||
Exxaro Resources, Ltd. | 7,020 | 90,549 | |||
Famous Brands, Ltd. (A) | 2,192 | 10,224 | |||
FirstRand, Ltd. | 96,505 | 415,517 | |||
Gold Fields, Ltd., ADR | 20,107 | 281,900 | |||
Harmony Gold Mining Company, Ltd., ADR | 29,967 | 127,360 | |||
Impala Platinum Holdings, Ltd. | 23,518 | 448,591 |
47 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Africa (continued) | |||||
Imperial Logistics, Ltd. | 9,991 | $42,769 | |||
Investec, Ltd. | 12,090 | 68,060 | |||
Italtile, Ltd. | 28,750 | 28,988 | |||
JSE, Ltd. | 3,574 | 27,818 | |||
KAP Industrial Holdings, Ltd. | 139,182 | 42,366 | |||
Kumba Iron Ore, Ltd. | 1,308 | 51,704 | |||
Liberty Holdings, Ltd. | 4,044 | 27,934 | |||
Life Healthcare Group Holdings, Ltd. | 50,915 | 74,138 | |||
Long4Life, Ltd. | 47,159 | 18,055 | |||
Massmart Holdings, Ltd. (A) | 7,381 | 25,399 | |||
Metair Investments, Ltd. | 12,087 | 21,995 | |||
MiX Telematics, Ltd., ADR | 2,273 | 26,708 | |||
Momentum Metropolitan Holdings | 57,013 | 69,188 | |||
Motus Holdings, Ltd. | 8,289 | 59,232 | |||
Mpact, Ltd. (A) | 6,725 | 13,625 | |||
Mr. Price Group, Ltd. | 5,705 | 77,813 | |||
MTN Group, Ltd. (A) | 59,570 | 743,586 | |||
MultiChoice Group | 11,233 | 92,163 | |||
Murray & Roberts Holdings, Ltd. (A) | 42,702 | 35,045 | |||
Naspers, Ltd., N Shares | 946 | 119,130 | |||
Nedbank Group, Ltd. | 11,708 | 166,696 | |||
Netcare, Ltd. | 43,449 | 41,420 | |||
Ninety One, Ltd. | 7,245 | 23,635 | |||
Northam Platinum Holdings, Ltd. (A) | 7,939 | 127,545 | |||
Oceana Group, Ltd. | 3,370 | 11,827 | |||
Old Mutual, Ltd. | 136,247 | 111,861 | |||
Omnia Holdings, Ltd. | 6,609 | 27,342 | |||
Pepkor Holdings, Ltd. (B) | 32,431 | 46,326 | |||
Pick n Pay Stores, Ltd. | 14,046 | 42,085 | |||
PPC, Ltd. (A) | 113,640 | 30,132 | |||
PSG Group, Ltd. (A) | 7,268 | 38,583 | |||
Raubex Group, Ltd. | 10,511 | 27,423 | |||
RCL Foods, Ltd. | 10,269 | 9,513 | |||
Reunert, Ltd. | 7,864 | 24,057 | |||
Royal Bafokeng Platinum, Ltd. | 9,402 | 111,453 | |||
Sanlam, Ltd. | 36,982 | 155,847 | |||
Santam, Ltd. | 1,313 | 23,415 | |||
Sappi, Ltd. (A) | 32,025 | 106,254 | |||
Sasol, Ltd. (A) | 10,147 | 232,822 | |||
Shoprite Holdings, Ltd. | 10,504 | 156,681 | |||
Sibanye Stillwater, Ltd., ADR | 21,507 | 411,214 | |||
Standard Bank Group, Ltd. | 22,739 | 240,943 | |||
Sun International, Ltd. (A) | 5,842 | 9,481 | |||
Super Group, Ltd. | 21,896 | 44,705 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 48 |
Shares | Value | ||||
South Africa (continued) | |||||
Telkom SA SOC, Ltd. (A) | 16,120 | $43,289 | |||
The Bidvest Group, Ltd. | 6,674 | 91,443 | |||
The Foschini Group, Ltd. | 13,223 | 107,236 | |||
The SPAR Group, Ltd. | 5,771 | 61,568 | |||
Tiger Brands, Ltd. | 6,459 | 68,543 | |||
Transaction Capital, Ltd. | 12,485 | 35,943 | |||
Truworths International, Ltd. | 7,523 | 28,614 | |||
Vodacom Group, Ltd. | 9,373 | 90,169 | |||
Wilson Bayly Holmes-Ovcon, Ltd. | 3,159 | 17,141 | |||
Woolworths Holdings, Ltd. | 25,117 | 82,703 | |||
South Korea 13.2% | 24,884,221 | ||||
Able C&C Company, Ltd. (A) | 359 | 2,034 | |||
Advanced Process Systems Corp. (A) | 1,012 | 19,018 | |||
Aekyung Chemical Company, Ltd. | 1,138 | 9,661 | |||
AfreecaTV Company, Ltd. | 224 | 26,179 | |||
Ahnlab, Inc. | 288 | 15,669 | |||
Ajin Industrial Company, Ltd. (A) | 2,965 | 6,908 | |||
Alteogen, Inc. (A) | 493 | 22,205 | |||
ALUKO Company, Ltd. (A) | 3,314 | 11,430 | |||
Amorepacific Corp. | 521 | 80,422 | |||
AMOREPACIFIC Group | 998 | 40,775 | |||
Ananti, Inc. (A) | 2,455 | 19,191 | |||
Aprogen Pharmaceuticals, Inc. (A) | 18,480 | 12,184 | |||
Asia Paper Manufacturing Company, Ltd. | 151 | 5,792 | |||
Atinum Investment Company, Ltd. | 6,093 | 24,693 | |||
Austem Company, Ltd. (A) | 1,208 | 2,042 | |||
Bcworld Pharm Company, Ltd. | 17 | 182 | |||
BGF Company, Ltd. | 2,408 | 10,154 | |||
BGF retail Company, Ltd. | 220 | 31,167 | |||
BH Company, Ltd. | 1,811 | 29,424 | |||
Binex Company, Ltd. (A) | 1,385 | 15,369 | |||
Binggrae Company, Ltd. (A) | 278 | 12,408 | |||
BIT Computer Company, Ltd. | 489 | 3,479 | |||
BNK Financial Group, Inc. | 7,863 | 51,763 | |||
Boditech Med, Inc. | 681 | 8,651 | |||
Bookook Securities Company, Ltd. (A) | 368 | 7,236 | |||
Boryung Pharmaceutical Company, Ltd. | 912 | 9,517 | |||
Bosung Power Technology Company, Ltd. (A) | 1,899 | 8,256 | |||
Bukwang Pharmaceutical Company, Ltd. | 919 | 9,568 | |||
Cafe24 Corp. (A) | 605 | 9,916 | |||
Celltrion Healthcare Company, Ltd. | 641 | 34,070 | |||
Celltrion Pharm, Inc. (A) | 256 | 18,871 | |||
Celltrion, Inc. | 1,434 | 191,426 |
49 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Chabiotech Company, Ltd. (A) | 1,250 | $18,121 | |||
Cheil Worldwide, Inc. | 2,237 | 42,060 | |||
Chemtronics Company, Ltd. | 1,041 | 23,088 | |||
Cheryong Electric Company, Ltd. | 496 | 1,950 | |||
Choa Pharmaceutical Company (A) | 887 | 2,627 | |||
Chong Kun Dang Pharmaceutical Corp. (A) | 415 | 33,346 | |||
Chongkundang Holdings Corp. (A) | 208 | 11,894 | |||
Chorokbaem Media Company, Ltd. (A) | 8,883 | 18,960 | |||
Chosun Refractories Company, Ltd. | 99 | 6,478 | |||
CJ CheilJedang Corp. | 351 | 111,181 | |||
CJ Corp. | 742 | 52,271 | |||
CJ ENM Company, Ltd. | 412 | 44,959 | |||
CJ Logistics Corp. (A) | 437 | 45,309 | |||
Cloud Air Company, Ltd. (A) | 1,085 | 1,210 | |||
CMG Pharmaceutical Company, Ltd. (A) | 4,018 | 10,874 | |||
Com2uS Corp. | 281 | 26,157 | |||
Com2uS Holdings Corp. | 325 | 36,857 | |||
Coreana Cosmetics Company, Ltd. (A) | 428 | 1,446 | |||
Cosmax, Inc. (A) | 460 | 33,151 | |||
Cosmochemical Company, Ltd. (A) | 950 | 10,899 | |||
Coway Company, Ltd. | 1,438 | 86,365 | |||
CrystalGenomics, Inc. (A) | 2,100 | 9,993 | |||
CS Wind Corp. | 504 | 25,324 | |||
CTC BIO, Inc. (A) | 644 | 5,168 | |||
Cuckoo Holdings Company, Ltd. (A) | 645 | 9,576 | |||
Cuckoo Homesys Company, Ltd. (A) | 761 | 24,572 | |||
D.I Corp. | 851 | 5,363 | |||
Daea TI Company, Ltd. (A) | 1,930 | 7,637 | |||
Daedong Corp. (A) | 657 | 6,663 | |||
Daeduck Electronics Company, Ltd. | 1,054 | 22,099 | |||
Daehan Steel Company, Ltd. | 1,190 | 23,690 | |||
Daejoo Electronic Materials Company, Ltd. | 405 | 30,618 | |||
Daesang Corp. (A) | 1,153 | 21,474 | |||
Daewon Cable Company, Ltd. (A) | 2,197 | 3,688 | |||
Daewon Pharmaceutical Company, Ltd. | 712 | 11,166 | |||
Daewoo Engineering & Construction Company, Ltd. (A) | 7,816 | 41,111 | |||
Daewoong Company, Ltd. (A) | 971 | 24,490 | |||
Daewoong Pharmaceutical Company, Ltd. (A) | 135 | 18,793 | |||
Daihan Pharmaceutical Company, Ltd. | 428 | 10,278 | |||
Daishin Securities Company, Ltd. (A) | 1,799 | 25,544 | |||
Danal Company, Ltd. (A) | 1,829 | 15,209 | |||
Daou Technology, Inc. | 1,699 | 30,609 | |||
Dasan Networks, Inc. (A) | 946 | 5,139 | |||
Dawonsys Company, Ltd. | 1,082 | 26,126 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 50 |
Shares | Value | ||||
South Korea (continued) | |||||
DB Financial Investment Company, Ltd. (A) | 3,443 | $17,973 | |||
DB HiTek Company, Ltd. | 977 | 57,267 | |||
DB Insurance Company, Ltd. | 2,572 | 132,415 | |||
Dentium Company, Ltd. (A) | 535 | 27,141 | |||
Deutsch Motors, Inc. | 2,653 | 18,673 | |||
DGB Financial Group, Inc. | 6,891 | 54,545 | |||
DHP Korea Company, Ltd. | 549 | 3,396 | |||
DIO Corp. (A) | 618 | 17,032 | |||
DL Construction Company, Ltd. | 32 | 726 | |||
DL E&C Company, Ltd. | 885 | 95,408 | |||
DL Holdings Company, Ltd. | 706 | 35,746 | |||
Dong-A ST Company, Ltd. | 230 | 13,087 | |||
Dongjin Semichem Company, Ltd. | 1,174 | 35,121 | |||
DongKook Pharmaceutical Company, Ltd. | 903 | 15,947 | |||
Dongkuk Steel Mill Company, Ltd. | 3,295 | 45,788 | |||
Dongsuh Companies, Inc. | 1,160 | 26,570 | |||
Dongsung Chemical Company, Ltd. (A) | 982 | 3,787 | |||
Dongsung Finetec Company, Ltd. (A) | 639 | 5,921 | |||
Dongwha Enterprise Company, Ltd. (A) | 429 | 25,761 | |||
Dongwon F&B Company, Ltd. | 69 | 9,968 | |||
Dongwon Industries Company, Ltd. | 102 | 17,869 | |||
Dongwon Systems Corp. | 324 | 14,449 | |||
Doosan Bobcat, Inc. | 1,640 | 52,636 | |||
Doosan Company, Ltd. (A) | 217 | 20,766 | |||
Doosan Fuel Cell Company, Ltd. (A) | 821 | 26,883 | |||
Doosan Heavy Industries & Construction Company, Ltd. (A) | 2,496 | 43,764 | |||
DoubleUGames Company, Ltd. | 350 | 14,545 | |||
Douzone Bizon Company, Ltd. | 422 | 17,089 | |||
Duk San Neolux Company, Ltd. (A) | 413 | 13,474 | |||
E1 Corp. | 458 | 17,852 | |||
Ecopro BM Company, Ltd. | 123 | 38,924 | |||
Ecopro Company, Ltd. | 410 | 30,135 | |||
Ecopro HN Company, Ltd. | 540 | 23,808 | |||
Ehwa Technologies Information Company, Ltd. (A) | 4,172 | 4,518 | |||
E-MART, Inc. | 551 | 60,089 | |||
EMW Company, Ltd. (A) | 8,120 | 9,282 | |||
ENF Technology Company, Ltd. | 543 | 13,116 | |||
Eo Technics Company, Ltd. (A) | 333 | 27,863 | |||
Estechpharma Company, Ltd. (A) | 422 | 3,175 | |||
Eugene Corp. (A) | 3,338 | 12,990 | |||
Eugene Investment & Securities Company, Ltd. (A) | 7,899 | 22,279 | |||
Eugene Technology Company, Ltd. | 653 | 23,842 | |||
F&F Company, Ltd. (A) | 172 | 128,559 | |||
Fila Holdings Corp. | 1,679 | 49,616 |
51 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Fine Semitech Corp. | 1,035 | $18,001 | |||
Foosung Company, Ltd. | 1,456 | 25,995 | |||
Gemvax & Kael Company, Ltd. (A) | 1,519 | 19,334 | |||
Genexine, Inc. (A) | 229 | 8,927 | |||
Geumhwa PSC Company, Ltd. (A) | 327 | 8,775 | |||
GNCO Company, Ltd. (A) | 3,240 | 1,821 | |||
GOLFZON Company, Ltd. (A) | 153 | 19,459 | |||
Grand Korea Leisure Company, Ltd. (A) | 1,534 | 18,801 | |||
Green Cross Corp. | 117 | 17,803 | |||
Green Cross Holdings Corp. | 976 | 18,205 | |||
GS Engineering & Construction Corp. | 2,836 | 101,923 | |||
GS Holdings Corp. | 1,742 | 58,251 | |||
GS Retail Company, Ltd. | 2,337 | 51,969 | |||
Halla Holdings Corp. | 659 | 22,341 | |||
Hana Financial Group, Inc. | 7,654 | 310,966 | |||
Hana Micron, Inc. | 2,888 | 45,725 | |||
Hanall Biopharma Company, Ltd. (A) | 1,203 | 18,877 | |||
Handok, Inc. | 440 | 7,578 | |||
Handsome Company, Ltd. | 592 | 17,753 | |||
Hanil Cement Company, Ltd. | 1,300 | 19,780 | |||
Hanil Hyundai Cement Company, Ltd. | 101 | 2,500 | |||
Hanjin Transportation Company, Ltd. (A) | 574 | 13,690 | |||
Hankook Tire & Technology Company, Ltd. | 2,977 | 87,712 | |||
Hanmi Pharm Company, Ltd. (A) | 123 | 27,245 | |||
Hanmi Semiconductor Company, Ltd. | 1,328 | 37,437 | |||
HanmiGlobal Company, Ltd. | 473 | 4,901 | |||
Hanon Systems | 4,596 | 44,509 | |||
Hansae Company, Ltd. | 698 | 13,246 | |||
Hansae Yes24 Holdings Company, Ltd. | 769 | 3,939 | |||
Hanshin Construction Company, Ltd. (A) | 985 | 13,450 | |||
Hansol Chemical Company, Ltd. | 257 | 46,391 | |||
Hansol Paper Company, Ltd. | 1,635 | 16,847 | |||
Hanssem Company, Ltd. | 268 | 16,392 | |||
Hanwha Aerospace Company, Ltd. | 1,538 | 67,158 | |||
Hanwha Corp. (A) | 1,297 | 33,086 | |||
Hanwha General Insurance Company, Ltd. (A) | 6,667 | 23,797 | |||
Hanwha Investment & Securities Company, Ltd. (A) | 8,046 | 32,593 | |||
Hanwha Life Insurance Company, Ltd. (A) | 11,044 | 27,274 | |||
Hanwha Solutions Corp. (A) | 4,210 | 119,688 | |||
Hanyang Eng Company, Ltd. | 1,161 | 14,841 | |||
Hanyang Securities Company, Ltd. (A) | 2 | 25 | |||
HB SOLUTION Company, Ltd. (A) | 209 | 2,943 | |||
HDC Hyundai Development Co-Engineering & Construction, Series E (A) | 2,487 | 33,470 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 52 |
Shares | Value | ||||
South Korea (continued) | |||||
HDCLabs Company, Ltd. (A) | 262 | $2,287 | |||
Helixmith Company, Ltd. (A) | 642 | 10,732 | |||
Hite Jinro Company, Ltd. (A) | 827 | 24,608 | |||
Hitejinro Holdings Company, Ltd. (A) | 5 | 55 | |||
HJ Magnolia Yongpyong Hotel & Resort Corp. (A) | 1,056 | 4,396 | |||
HLB, Inc. (A) | 1,038 | 27,197 | |||
HMM Company, Ltd. (A) | 6,961 | 168,618 | |||
Homecast Company, Ltd. (A) | 1,134 | 3,067 | |||
Hotel Shilla Company, Ltd. | 523 | 35,348 | |||
HS Industries Company, Ltd. (A) | 3,265 | 14,504 | |||
Huchems Fine Chemical Corp. | 1,256 | 23,368 | |||
Hugel, Inc. | 171 | 21,086 | |||
Huons Global Company, Ltd. | 662 | 16,763 | |||
Huvis Corp. (A) | 1,370 | 8,282 | |||
Huvitz Company, Ltd. (A) | 672 | 4,729 | |||
Hwa Shin Company, Ltd. (A) | 1,306 | 7,202 | |||
Hyosung Advanced Materials Corp. | 79 | 30,991 | |||
Hyosung Chemical Corp. (A) | 80 | 18,588 | |||
Hyosung Corp. | 244 | 17,413 | |||
Hyosung Heavy Industries Corp. (A) | 67 | 3,143 | |||
Hyosung TNC Corp. | 144 | 58,556 | |||
Hyundai BNG Steel Company, Ltd. | 218 | 3,026 | |||
Hyundai Construction Equipment Company, Ltd. | 833 | 23,452 | |||
Hyundai Department Store Company, Ltd. | 380 | 24,757 | |||
Hyundai Doosan Infracore Company, Ltd. (A) | 5,048 | 28,592 | |||
Hyundai Electric & Energy System Company, Ltd. (A) | 1,095 | 18,785 | |||
Hyundai Elevator Company, Ltd. (A) | 946 | 29,934 | |||
Hyundai Engineering & Construction Company, Ltd. | 2,088 | 76,071 | |||
Hyundai Glovis Company, Ltd. | 797 | 117,570 | |||
Hyundai Greenfood Company, Ltd. | 3,412 | 23,977 | |||
Hyundai Heavy Industries Holdings Company, Ltd. | 1,150 | 49,518 | |||
Hyundai Home Shopping Network Corp. | 441 | 21,443 | |||
Hyundai HT Company, Ltd. (A) | 353 | 2,799 | |||
Hyundai Livart Furniture Company, Ltd. | 1,313 | 15,307 | |||
Hyundai Marine & Fire Insurance Company, Ltd. | 2,896 | 69,559 | |||
Hyundai Mipo Dockyard Company, Ltd. | 660 | 44,333 | |||
Hyundai Mobis Company, Ltd. | 1,017 | 190,958 | |||
Hyundai Motor Company | 2,041 | 300,327 | |||
Hyundai Rotem Company, Ltd. (A) | 807 | 13,449 | |||
Hyundai Steel Company | 2,324 | 77,507 | |||
Hyundai Wia Corp. | 378 | 19,430 | |||
Hyupjin Company, Ltd. (A)(D) | 724 | 2,698 | |||
IA, Inc. (A) | 25,761 | 21,651 | |||
IHQ, Inc. (A) | 4,680 | 4,581 |
53 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Iljin Materials Company, Ltd. | 293 | $22,428 | |||
Ilyang Pharmaceutical Company, Ltd. | 639 | 13,453 | |||
iMarketKorea, Inc. | 1,567 | 13,073 | |||
Industrial Bank of Korea | 10,089 | 90,635 | |||
Innocean Worldwide, Inc. | 383 | 15,972 | |||
Inscobee, Inc. (A) | 4,497 | 10,200 | |||
Insun ENT Company, Ltd. (A) | 1,874 | 16,362 | |||
Interpark Corp. | 2,562 | 12,721 | |||
INTOPS Company, Ltd. | 657 | 18,141 | |||
IS Dongseo Company, Ltd. (A) | 614 | 27,154 | |||
i-SENS, Inc. | 526 | 12,203 | |||
IsuPetasys Company, Ltd. (A) | 1,612 | 9,771 | |||
Jayjun Cosmetic Company, Ltd. (A) | 2,132 | 1,702 | |||
JB Financial Group Company, Ltd. | 7,275 | 49,830 | |||
Jcontentree Corp. (A) | 206 | 9,826 | |||
Jeil Savings Bank (A)(D) | 1,850 | 0 | |||
JVM Company, Ltd. (A) | 218 | 2,570 | |||
JYP Entertainment Corp. (A) | 1,091 | 45,849 | |||
Kakao Corp. | 1,470 | 116,419 | |||
Kangwon Land, Inc. (A) | 1,542 | 34,297 | |||
KAON Media Company, Ltd. | 362 | 3,831 | |||
KB Financial Group, Inc. | 7,951 | 392,258 | |||
KC Tech Company, Ltd. | 460 | 8,027 | |||
KCC Corp. | 117 | 32,759 | |||
KCC Engineering & Construction Company, Ltd. | 812 | 5,679 | |||
KCC Glass Corp. | 684 | 33,228 | |||
KEPCO Plant Service & Engineering Company, Ltd. (A) | 870 | 27,045 | |||
KG Dongbu Steel Company, Ltd. | 2,195 | 19,291 | |||
Kginicis Company, Ltd. | 1,735 | 25,329 | |||
KGMobilians Company, Ltd. | 1,431 | 10,182 | |||
KH Electron Company, Ltd. | 1,293 | 708 | |||
KH FEELUX Company, Ltd. (A) | 1,899 | 3,209 | |||
KH Vatec Company, Ltd. | 1,068 | 19,655 | |||
Kia Corp. | 5,273 | 326,902 | |||
KIWOOM Securities Company, Ltd. (A) | 814 | 69,121 | |||
KMH Company, Ltd. (A) | 1,202 | 7,191 | |||
KMW Company, Ltd. (A) | 436 | 11,370 | |||
Koh Young Technology, Inc. | 1,589 | 25,414 | |||
Kolmar BNH Company, Ltd. (A) | 589 | 17,590 | |||
Kolmar Korea Company, Ltd. (A) | 453 | 17,484 | |||
Kolmar Korea Holdings Company, Ltd. (A) | 571 | 9,859 | |||
Kolon Industries, Inc. | 686 | 33,838 | |||
KoMiCo, Ltd. (A) | 489 | 22,182 | |||
Korea Aerospace Industries, Ltd. (A) | 1,205 | 37,490 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 54 |
Shares | Value | ||||
South Korea (continued) | |||||
Korea Circuit Company, Ltd. (A) | 877 | $23,311 | |||
Korea Electric Power Corp. | 5,805 | 112,497 | |||
Korea Electric Terminal Company, Ltd. | 438 | 21,341 | |||
Korea Gas Corp. | 863 | 29,669 | |||
Korea Investment Holdings Company, Ltd. (A) | 1,832 | 121,709 | |||
Korea Line Corp. (A) | 8,922 | 20,781 | |||
Korea Petrochemical Industrial Company, Ltd. (A) | 150 | 21,456 | |||
Korea Real Estate Investment & Trust Company, Ltd. | 13,600 | 24,900 | |||
Korea Shipbuilding & Offshore Engineering Company, Ltd. (A) | 826 | 61,236 | |||
Korea United Pharm, Inc. (A) | 348 | 13,357 | |||
Korea Zinc Company, Ltd. | 200 | 91,728 | |||
Korean Air Lines Company, Ltd. (A) | 5,356 | 131,955 | |||
Korean Reinsurance Company | 5,180 | 41,827 | |||
KPM Tech Company, Ltd. (A) | 4,649 | 3,252 | |||
KPX Chemical Company, Ltd. | 134 | 5,911 | |||
KT Corp. | 1,250 | 33,338 | |||
KT Skylife Company, Ltd. | 2,656 | 18,860 | |||
KT&G Corp. | 2,855 | 189,791 | |||
KTB Investment & Securities Company, Ltd. (A) | 4,881 | 20,728 | |||
Kukdo Chemical Company, Ltd. (A) | �� | 337 | 14,924 | ||
Kuk-il Paper Manufacturing Company, Ltd. (A) | 4,965 | 15,542 | |||
Kumho Petrochemical Company, Ltd. (A) | 758 | 102,262 | |||
Kumho Tire Company, Inc. (A) | 6,125 | 20,316 | |||
KUMHOE&C Company, Ltd. (A) | 1,164 | 10,485 | |||
Kwang Dong Pharmaceutical Company, Ltd. | 1,959 | 11,939 | |||
Kyongbo Pharmaceutical Company, Ltd. (A) | 455 | 3,389 | |||
Kyung Dong Navien Company, Ltd. | 334 | 12,404 | |||
L&C Bio Company, Ltd. | 662 | 17,583 | |||
L&F Company, Ltd. | 280 | 46,070 | |||
Leaders Cosmetics Company, Ltd. (A) | 484 | 962 | |||
LEENO Industrial, Inc. | 261 | 39,416 | |||
LF Corp. | 1,828 | 27,246 | |||
LG Chem, Ltd. | 753 | 357,332 | |||
LG Corp. | 1,446 | 90,881 | |||
LG Display Company, Ltd. | 2,310 | 36,328 | |||
LG Display Company, Ltd., ADR (A)(C) | 22,102 | 173,280 | |||
LG Electronics, Inc. | 4,149 | 433,141 | |||
LG HelloVision Company, Ltd. | 2,843 | 11,867 | |||
LG Household & Health Care, Ltd. | 200 | 158,689 | |||
LG Innotek Company, Ltd. | 413 | 114,010 | |||
LG Uplus Corp. | 10,544 | 115,819 | |||
LIG Nex1 Company, Ltd. | 395 | 22,541 | |||
Lock&Lock Company, Ltd. (A) | 920 | 7,696 | |||
Lotte Chemical Corp. | 436 | 80,355 |
55 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Lotte Chilsung Beverage Company, Ltd. | 242 | $33,274 | |||
Lotte Confectionery Company, Ltd. | 114 | 10,988 | |||
Lotte Corp. | 417 | 10,132 | |||
LOTTE Fine Chemical Company, Ltd. | 703 | 46,768 | |||
Lotte Food Company, Ltd. | 33 | 8,632 | |||
LOTTE Himart Company, Ltd. | 604 | 11,729 | |||
Lotte Non-Life Insurance Company, Ltd. (A) | 7,292 | 10,504 | |||
Lotte Shopping Company, Ltd. | 386 | 27,581 | |||
LS Corp. | 565 | 23,058 | |||
LS Electric Company, Ltd. | 593 | 21,378 | |||
LX Hausys, Ltd. | 473 | 21,806 | |||
LX Holdings Corp. (A) | 700 | 5,725 | |||
LX International Corp. | 1,440 | 35,784 | |||
LX Semicon Company, Ltd. | 375 | 36,020 | |||
Macquarie Korea Infrastructure Fund | 10,735 | 122,531 | |||
Maeil Dairies Company, Ltd. | 256 | 14,547 | |||
Maeil Holdings Company, Ltd. | 480 | 3,773 | |||
Mando Corp. | 1,316 | 50,314 | |||
Mcnex Company, Ltd. | 678 | 26,071 | |||
Medytox, Inc. (A) | 350 | 35,643 | |||
Meerecompany, Inc. | 81 | 1,684 | |||
MegaStudyEdu Company, Ltd. | 501 | 34,795 | |||
Meritz Financial Group, Inc. | 2,190 | 67,341 | |||
Meritz Fire & Marine Insurance Company, Ltd. | 2,586 | 88,873 | |||
Meritz Securities Company, Ltd. | 13,764 | 67,402 | |||
MiCo, Ltd. (A) | 1,727 | 16,547 | |||
Mirae Asset Life Insurance Company, Ltd. | 6,888 | 23,497 | |||
Mirae Asset Securities Company, Ltd. | 10,763 | 79,424 | |||
Mirae Asset Venture Investment Company, Ltd. (A) | 2,606 | 23,322 | |||
MK Electron Company, Ltd. | 1,378 | 17,314 | |||
Multicampus Company, Ltd. | 178 | 6,267 | |||
MyungMoon Pharm Company, Ltd. (A) | 1,061 | 3,455 | |||
Namhae Chemical Corp. (A) | 1,084 | 8,766 | |||
Namsun Aluminum Company, Ltd. (A) | 7,722 | 15,187 | |||
NAVER Corp. | 811 | 216,097 | |||
NCSoft Corp. | 195 | 72,237 | |||
Neowiz (A) | 886 | 18,340 | |||
NEPES Corp. (A) | 486 | 11,646 | |||
Netmarble Corp. (B) | 311 | 26,724 | |||
Nexen Tire Corp. (A) | 4,056 | 21,352 | |||
NextEye Company, Ltd. (A) | 397 | 402 | |||
NH Investment & Securities Company, Ltd. (A) | 3,814 | 36,908 | |||
NHN Corp. (A) | 718 | 21,440 | |||
NHN KCP Corp. (A) | 1,233 | 24,256 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 56 |
Shares | Value | ||||
South Korea (continued) | |||||
NICE Holdings Company, Ltd. | 1,125 | $15,677 | |||
Nice Information & Telecommunication, Inc. (A) | 598 | 14,301 | |||
NICE Information Service Company, Ltd. (A) | 1,825 | 28,330 | |||
Nong Woo Bio Company, Ltd. | 564 | 5,099 | |||
NongShim Company, Ltd. | 120 | 30,725 | |||
NOROO Paint & Coatings Company, Ltd. (A) | 430 | 3,821 | |||
OCI Company, Ltd. | 554 | 49,007 | |||
Opto Device Technology Company, Ltd. (A) | 373 | 2,269 | |||
Orion Holdings Corp. | 1,265 | 14,913 | |||
Osstem Implant Company, Ltd. (D) | 379 | 44,981 | |||
Osung Advanced Materials Company, Ltd. (A) | 5,009 | 9,352 | |||
Ottogi Corp. | 37 | 13,350 | |||
Pan Ocean Company, Ltd. | 9,495 | 52,397 | |||
Paradise Company, Ltd. (A) | 1,307 | 18,232 | |||
Partron Company, Ltd. | 1,950 | 18,775 | |||
Pearl Abyss Corp. (A) | 412 | 33,044 | |||
People & Technology, Inc. (A) | 844 | 30,313 | |||
PharmaResearch Company, Ltd. | 170 | 12,464 | |||
Pharmicell Company, Ltd. (A) | 1,235 | 11,349 | |||
PI Advanced Materials Company, Ltd. | 558 | 20,362 | |||
Poongsan Corp. | 1,263 | 33,638 | |||
POSCO | 1,342 | 319,294 | |||
POSCO Chemical Company, Ltd. | 317 | 30,365 | |||
Posco International Corp. | 2,195 | 38,086 | |||
PSK, Inc. | 656 | 26,174 | |||
Pulmuone Company, Ltd. | 814 | 11,080 | |||
RFHIC Corp. | 601 | 14,292 | |||
S-1 Corp. | 792 | 46,105 | |||
Sam Chun Dang Pharm Company, Ltd. | 567 | 17,298 | |||
Sam Yung Trading Company, Ltd. | 901 | 10,342 | |||
Samchully Company, Ltd. (A) | 159 | 13,435 | |||
Samick THK Company, Ltd. | 534 | 5,682 | |||
Samjin Pharmaceutical Company, Ltd. | 502 | 10,595 | |||
SAMPYO Cement Company, Ltd. | 2,549 | 10,079 | |||
Samsung Biologics Company, Ltd. (A)(B) | 98 | 63,754 | |||
Samsung C&T Corp. | 1,299 | 119,970 | |||
Samsung Card Company, Ltd. | 1,362 | 36,579 | |||
Samsung Electro-Mechanics Company, Ltd. | 1,677 | 234,459 | |||
Samsung Electronics Company, Ltd. | 108,733 | 6,551,533 | |||
Samsung Engineering Company, Ltd. (A) | 4,426 | 86,462 | |||
Samsung Fire & Marine Insurance Company, Ltd. | 884 | 140,574 | |||
Samsung Heavy Industries Company, Ltd. (A) | 14,407 | 70,231 | |||
Samsung Life Insurance Company, Ltd. | 1,023 | 51,150 | |||
Samsung SDI Company, Ltd. | 432 | 199,083 |
57 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Samsung SDS Company, Ltd. | 655 | $76,896 | |||
Samsung Securities Company, Ltd. | 2,538 | 89,951 | |||
Samwha Capacitor Company, Ltd. | 526 | 24,900 | |||
Samyang Foods Company, Ltd. | 292 | 21,363 | |||
Samyang Holdings Corp. | 267 | 18,595 | |||
Sangsangin Company, Ltd. | 3,162 | 24,676 | |||
SaraminHR Company, Ltd. | 326 | 10,742 | |||
Seah Besteel Corp. | 1,462 | 21,675 | |||
SeAH Holdings Corp. | 61 | 5,426 | |||
Sebang Global Battery Company, Ltd. | 496 | 26,490 | |||
Seegene, Inc. | 1,040 | 44,574 | |||
Sejong Industrial Company, Ltd. | 995 | 6,010 | |||
Seojin System Company, Ltd. (A) | 696 | 19,834 | |||
Seoul Semiconductor Company, Ltd. (A) | 1,598 | 17,891 | |||
SEOWONINTECH Company, Ltd. | 540 | 2,824 | |||
Seoyon E-Hwa Company, Ltd. (A) | 105 | 607 | |||
Sewon E&C Company, Ltd. (A) | 4,490 | 4,034 | |||
SFA Engineering Corp. | 833 | 26,281 | |||
SFA Semicon Company, Ltd. (A) | 2,349 | 12,891 | |||
SGC eTec E&C Company, Ltd. | 159 | 7,574 | |||
SH Energy & Chemical Company, Ltd. (A) | 2,681 | 2,556 | |||
Shin Poong Pharmaceutical Company, Ltd. (A) | 207 | 6,046 | |||
Shinhan Financial Group Company, Ltd. | 11,393 | 370,680 | |||
Shinsegae Engineering & Construction Company, Ltd. | 261 | 7,083 | |||
Shinsegae International, Inc. | 109 | 13,885 | |||
Shinsegae, Inc. | 327 | 71,772 | |||
Shinsung E&G Company, Ltd. (A) | 12,585 | 18,125 | |||
Shinyoung Securities Company, Ltd. | 377 | 19,819 | |||
SIMMTECH Company, Ltd. | 1,094 | 49,113 | |||
SK Chemicals Company, Ltd. | 418 | 43,910 | |||
SK D&D Company, Ltd. | 481 | 12,005 | |||
SK Discovery Company, Ltd. | 404 | 13,687 | |||
SK Gas, Ltd. | 234 | 23,264 | |||
SK Hynix, Inc. | 12,123 | 1,263,878 | |||
SK Innovation Company, Ltd. (A) | 662 | 111,756 | |||
SK Networks Company, Ltd. | 9,038 | 33,347 | |||
SK Securities Company, Ltd. (A) | 33,889 | 25,318 | |||
SK Telecom Company, Ltd. | 546 | 24,916 | |||
SK, Inc. | 993 | 189,673 | |||
SKC Company, Ltd. | 361 | 41,982 | |||
SL Corp. (A) | 916 | 18,260 | |||
SM Entertainment Company, Ltd. | 668 | 41,770 | |||
S-MAC Company, Ltd. (A) | 4,732 | 12,967 | |||
SNT Holdings Company, Ltd. | 302 | 4,041 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 58 |
Shares | Value | ||||
South Korea (continued) | |||||
SNT Motiv Company, Ltd. | 643 | $23,249 | |||
S-Oil Corp. | 1,528 | 108,823 | |||
Solus Advanced Materials Company, Ltd. | 400 | 21,196 | |||
Songwon Industrial Company, Ltd. | 862 | 14,716 | |||
Soulbrain Company, Ltd. | 162 | 30,932 | |||
Soulbrain Holdings Company, Ltd. | 248 | 5,971 | |||
Spigen Korea Company, Ltd. | 296 | 10,523 | |||
SSANGYONG C&E Company, Ltd. | 4,522 | 28,641 | |||
ST Pharm Company, Ltd. | 358 | 29,853 | |||
STIC Investments, Inc. | 1,746 | 14,937 | |||
Studio Dragon Corp. (A) | 258 | 18,459 | |||
Sungshin Cement Company, Ltd. (A) | 1,538 | 16,265 | |||
Sungwoo Hitech Company, Ltd. | 6,093 | 24,693 | |||
Sunjin Company, Ltd. | 1,060 | 9,903 | |||
Sunny Electronics Corp. (A) | 1,058 | 2,609 | |||
Suprema, Inc. (A) | 225 | 4,568 | |||
SY Company, Ltd. (A) | 1,552 | 4,583 | |||
Tae Kyung Industrial Company, Ltd. | 604 | 3,462 | |||
Taekwang Industrial Company, Ltd. (A) | 15 | 12,710 | |||
Taeyoung Engineering & Construction Company, Ltd. | 2,164 | 17,867 | |||
Taihan Electric Wire Company, Ltd. (A) | 15,121 | 20,313 | |||
TechWing, Inc. | 1,236 | 19,582 | |||
TES Company, Ltd. | 818 | 17,459 | |||
Theragen Etex Company, Ltd. (A) | 1,048 | 4,546 | |||
Tokai Carbon Korea Company, Ltd. | 189 | 18,666 | |||
Tongyang Life Insurance Company, Ltd. | 3,769 | 19,352 | |||
Toptec Company, Ltd. (A) | 1,541 | 10,496 | |||
TY Holdings Company, Ltd. (A) | 1,334 | 30,415 | |||
Uju Electronics Company, Ltd. | 578 | 13,099 | |||
Union Semiconductor Equipment & Materials Company, Ltd. | 1,777 | 17,081 | |||
Unison Company, Ltd. (A) | 8,470 | 18,731 | |||
Value Added Technology Company, Ltd. | 533 | 16,337 | |||
Vidente Company, Ltd. (A) | 756 | 10,413 | |||
Webzen, Inc. (A) | 1,268 | 24,676 | |||
Whanin Pharmaceutical Company, Ltd. (A) | 637 | 8,945 | |||
Winix, Inc. | 1,393 | 21,451 | |||
WiSoL Company, Ltd. | 1,676 | 15,050 | |||
WIZIT Company, Ltd. (A) | 3,288 | 3,435 | |||
WONIK CUBE Corp. (A) | 1,133 | 2,894 | |||
Wonik Holdings Company, Ltd. (A) | 3,450 | 13,140 | |||
WONIK IPS Company, Ltd. | 731 | 22,071 | |||
Wonik Pne Company, Ltd. (A) | 529 | 12,404 | |||
Woori Financial Group, Inc. | 11,908 | 142,439 | |||
Woori Investment Bank Company, Ltd. | 16,599 | 12,041 |
59 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Woori Technology, Inc. (A) | 3,129 | $5,591 | |||
Woorison F&G Company, Ltd. | 2,437 | 4,407 | |||
YG Entertainment, Inc. | 319 | 17,648 | |||
YJM Games Company, Ltd. (A) | 1,588 | 3,583 | |||
Youlchon Chemical Company, Ltd. | 1,067 | 21,317 | |||
Youngone Corp. | 961 | 34,177 | |||
Youngone Holdings Company, Ltd. (A) | 249 | 9,660 | |||
Yuanta Securities Korea Company, Ltd. (A) | 8,310 | 24,698 | |||
Yuhan Corp. | 870 | 42,272 | |||
Yungjin Pharmaceutical Company, Ltd. (A) | 3,547 | 14,384 | |||
Zinus, Inc. (A) | 357 | 22,411 | |||
Spain 0.0% | 13,501 | ||||
AmRest Holdings SE (A) | 2,461 | 13,501 | |||
Taiwan 16.6% | 31,302,580 | ||||
Abico Avy Company, Ltd. | 11,089 | 10,094 | |||
AcBel Polytech, Inc. | 18,000 | 21,719 | |||
Accton Technology Corp. | 10,796 | 97,904 | |||
Acer, Inc. | 116,510 | 120,917 | |||
Acter Group Corp., Ltd. | 1,697 | 13,398 | |||
Addcn Technology Company, Ltd. | 2,366 | 19,310 | |||
Advanced Ceramic X Corp. | 2,000 | 19,391 | |||
Advanced International Multitech Company, Ltd. | 8,000 | 24,380 | |||
Advanced Power Electronics Corp. | 6,000 | 22,058 | |||
Advantech Company, Ltd. | 3,738 | 49,224 | |||
Aerospace Industrial Development Corp. | 11,000 | 11,666 | |||
AGV Products Corp. (A) | 59,000 | 22,948 | |||
Alltek Technology Corp. | 10,598 | 12,945 | |||
Alltop Technology Company, Ltd. | 2,000 | 13,227 | |||
Altek Corp. | 10,000 | 15,724 | |||
Amazing Microelectronic Corp. | 740 | 5,086 | |||
AMPOC Far-East Company, Ltd. | 7,000 | 10,088 | |||
AmTRAN Technology Company, Ltd. | 18,000 | 10,422 | |||
Anpec Electronics Corp. | 3,000 | 24,379 | |||
Apex Biotechnology Corp. | 8,060 | 7,314 | |||
Apex International Company, Ltd. | 9,000 | 32,439 | |||
Arcadyan Technology Corp. | 8,898 | 36,856 | |||
Ardentec Corp. | 17,363 | 31,821 | |||
ASE Technology Holding Company, Ltd., ADR | 48,264 | 348,949 | |||
Asia Cement Corp. | 53,608 | 86,644 | |||
Asia Optical Company, Inc. (A) | 9,710 | 28,473 | |||
Asia Pacific Telecom Company, Ltd. (A) | 116,666 | 33,345 | |||
Asia Polymer Corp. | 10,994 | 14,566 | |||
Asia Vital Components Company, Ltd. | 10,667 | 42,650 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 60 |
Shares | Value | ||||
Taiwan (continued) | |||||
ASMedia Technology, Inc. | 1,000 | $61,908 | |||
ASPEED Technology, Inc. | 1,000 | 98,285 | |||
ASROCK, Inc. | 3,000 | 24,530 | |||
Asustek Computer, Inc. | 11,528 | 153,789 | |||
AU Optronics Corp. | 214,000 | 160,217 | |||
AURAS Technology Company, Ltd. | 3,000 | 27,812 | |||
Bank of Kaohsiung Company, Ltd. | 42,311 | 20,427 | |||
Basso Industry Corp. | 8,700 | 12,890 | |||
BES Engineering Corp. | 45,200 | 14,304 | |||
Bizlink Holding, Inc. | 4,064 | 44,006 | |||
Brighton-Best International Taiwan, Inc. | 9,000 | 12,883 | |||
Capital Securities Corp. | 64,826 | 36,682 | |||
Career Technology MFG. Company, Ltd. (A) | 29,599 | 25,320 | |||
Caswell, Inc. | 3,000 | 9,662 | |||
Catcher Technology Company, Ltd. | 16,000 | 82,125 | |||
Cathay Financial Holding Company, Ltd. | 111,161 | 249,961 | |||
Cathay Real Estate Development Company, Ltd. | 19,000 | 13,049 | |||
Center Laboratories, Inc. | 16,495 | 34,813 | |||
Century Iron & Steel Industrial Company, Ltd. | 5,000 | 19,553 | |||
Chailease Holding Company, Ltd. | 27,690 | 251,301 | |||
Chang Hwa Commercial Bank, Ltd. | 105,741 | 67,133 | |||
Chang Wah Electromaterials, Inc. | 14,090 | 19,195 | |||
Channel Well Technology Company, Ltd. | 7,000 | 9,840 | |||
Charoen Pokphand Enterprise | 11,465 | 34,692 | |||
Cheng Loong Corp. | 22,480 | 27,742 | |||
Cheng Mei Materials Technology Corp. (A) | 46,050 | 21,973 | |||
Cheng Shin Rubber Industry Company, Ltd. | 54,031 | 69,122 | |||
Cheng Uei Precision Industry Company, Ltd. | 16,000 | 21,985 | |||
Chia Chang Company, Ltd. | 10,000 | 17,335 | |||
Chia Hsin Cement Corp. | 17,089 | 12,834 | |||
Chicony Electronics Company, Ltd. | 28,455 | 91,531 | |||
Chicony Power Technology Company, Ltd. | 12,305 | 34,951 | |||
China Airlines, Ltd. (A) | 119,820 | 122,173 | |||
China Bills Finance Corp. | 43,000 | 26,225 | |||
China Development Financial Holding Corp. | 211,192 | 144,627 | |||
China General Plastics Corp. | 13,690 | 17,039 | |||
China Man-Made Fiber Corp. | 59,001 | 20,479 | |||
China Metal Products Company, Ltd. | 14,966 | 19,221 | |||
China Motor Corp. | 10,000 | 22,326 | |||
China Petrochemical Development Corp. (A) | 171,683 | 74,170 | |||
China Steel Chemical Corp. | 6,000 | 25,808 | |||
China Steel Corp. | 211,038 | 274,424 | |||
Ching Feng Home Fashions Company, Ltd. | 11,000 | 7,191 | |||
Chin-Poon Industrial Company, Ltd. | 13,642 | 17,802 |
61 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Chipbond Technology Corp. | 33,000 | $82,113 | |||
ChipMOS Technologies, Inc. | 37,638 | 71,090 | |||
Chong Hong Construction Company, Ltd. | 5,024 | 13,727 | |||
Chroma ATE, Inc. | 8,440 | 57,464 | |||
Chun Yuan Steel Industry Company, Ltd. | 7,381 | 6,534 | |||
Chung Hung Steel Corp. | 25,226 | 37,461 | |||
Chung-Hsin Electric & Machinery Manufacturing Corp. | 7,000 | 10,525 | |||
Chunghwa Telecom Company, Ltd. | 60,000 | 266,677 | |||
Cleanaway Company, Ltd. | 2,000 | 15,200 | |||
Clevo Company | 17,120 | 18,872 | |||
CMC Magnetics Corp. (A) | 29,201 | 11,488 | |||
Compal Electronics, Inc. | 114,895 | 104,671 | |||
Compeq Manufacturing Company, Ltd. | 60,000 | 103,972 | |||
Concraft Holding Company, Ltd. | 5,717 | 5,716 | |||
Continental Holdings Corp. | 12,950 | 10,900 | |||
Coremax Corp. | 3,990 | 20,960 | |||
Coretronic Corp. | 17,000 | 43,566 | |||
Co-Tech Development Corp. | 9,000 | 24,463 | |||
CSBC Corp. Taiwan (A) | 14,000 | 10,565 | |||
CTBC Financial Holding Company, Ltd. | 331,967 | 324,490 | |||
CTCI Corp. | 17,000 | 25,021 | |||
Cub Elecparts, Inc. | 2,039 | 11,517 | |||
CyberPower Systems, Inc. | 4,000 | 9,749 | |||
CyberTAN Technology, Inc. | 23,000 | 20,436 | |||
Darfon Electronics Corp. | 7,000 | 11,444 | |||
Delta Electronics, Inc. | 20,253 | 180,497 | |||
Dimerco Express Corp. | 6,000 | 21,815 | |||
D-Link Corp. | 19,004 | 11,241 | |||
Dynapack International Technology Corp. | 5,000 | 17,886 | |||
E Ink Holdings, Inc. | 17,000 | 91,618 | |||
E.Sun Financial Holding Company, Ltd. | 187,823 | 198,539 | |||
Eastern Media International Corp. | 30,334 | 35,766 | |||
Eclat Textile Company, Ltd. | 4,532 | 93,940 | |||
Egis Technology, Inc. | 4,000 | 15,004 | |||
Elan Microelectronics Corp. | 10,400 | 61,766 | |||
E-LIFE MALL Corp. | 6,000 | 17,775 | |||
Elite Advanced Laser Corp. | 9,000 | 16,510 | |||
Elite Material Company, Ltd. | 9,831 | 96,405 | |||
Elite Semiconductor Microelectronics Technology, Inc. | 7,000 | 36,856 | |||
Elitegroup Computer Systems Company, Ltd. | 15,000 | 10,615 | |||
eMemory Technology, Inc. | 2,000 | 134,975 | |||
Ennoconn Corp. | 3,000 | 21,946 | |||
Ennostar, Inc. (A) | 17,605 | 50,530 | |||
EnTie Commercial Bank Company, Ltd. | 52,000 | 29,424 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 62 |
Shares | Value | ||||
Taiwan (continued) | |||||
Eternal Materials Company, Ltd. | 34,966 | $45,451 | |||
Eva Airways Corp. (A) | 100,332 | 118,187 | |||
Evergreen International Storage & Transport Corp. | 15,320 | 20,869 | |||
Evergreen Marine Corp. Taiwan, Ltd. | 74,182 | 389,697 | |||
Everlight Electronics Company, Ltd. | 16,000 | 28,818 | |||
Far Eastern Department Stores, Ltd. | 54,558 | 41,530 | |||
Far Eastern International Bank | 114,567 | 45,585 | |||
Far Eastern New Century Corp. | 74,878 | 79,374 | |||
Far EasTone Telecommunications Company, Ltd. | 53,000 | 131,087 | |||
Farglory Land Development Company, Ltd. | 10,526 | 23,029 | |||
Federal Corp. | 21,137 | 20,654 | |||
Feng Hsin Steel Company, Ltd. | 17,000 | 51,270 | |||
Feng TAY Enterprise Company, Ltd. | 8,494 | 63,317 | |||
First Financial Holding Company, Ltd. | 181,746 | 167,340 | |||
First Hotel | 14,923 | 7,759 | |||
First Steamship Company, Ltd. (A) | 31,479 | 14,228 | |||
FLEXium Interconnect, Inc. (A) | 14,352 | 48,992 | |||
Flytech Technology Company, Ltd. | 6,125 | 16,197 | |||
Formosa Advanced Technologies Company, Ltd. | 9,000 | 12,854 | |||
Formosa Chemicals & Fibre Corp. | 48,440 | 137,331 | |||
Formosa International Hotels Corp. | 4,000 | 25,560 | |||
Formosa Laboratories, Inc. (A) | 9,000 | 18,531 | |||
Formosa Petrochemical Corp. | 12,000 | 42,211 | |||
Formosa Plastics Corp. | 40,880 | 154,364 | |||
Formosa Sumco Technology Corp. | 2,000 | 18,609 | |||
Formosa Taffeta Company, Ltd. | 32,000 | 32,668 | |||
Formosan Rubber Group, Inc. | 18,180 | 14,388 | |||
Foxconn Technology Company, Ltd. | 21,617 | 49,757 | |||
Foxsemicon Integrated Technology, Inc. | 2,427 | 19,056 | |||
Fubon Financial Holding Company, Ltd. | 98,358 | 265,573 | |||
Fulgent Sun International Holding Company, Ltd. | 4,112 | 17,376 | |||
Fulltech Fiber Glass Corp. (A) | 33,357 | 18,562 | |||
Fusheng Precision Company, Ltd. | 3,000 | 21,168 | |||
Fwusow Industry Company, Ltd. | 21,000 | 15,688 | |||
Gemtek Technology Corp. | 26,496 | 30,618 | |||
General Interface Solution Holding, Ltd. | 14,000 | 45,555 | |||
Genius Electronic Optical Company, Ltd. | 2,952 | 48,827 | |||
GeoVision, Inc. | 1,703 | 1,780 | |||
Getac Holdings Corp. | 20,000 | 42,261 | |||
Giant Manufacturing Company, Ltd. | 9,000 | 93,436 | |||
Gigabyte Technology Company, Ltd. | 17,719 | 90,796 | |||
Ginko International Company, Ltd. | 3,150 | 31,155 | |||
Global Brands Manufacture, Ltd. | 14,362 | 18,559 | |||
Global Mixed Mode Technology, Inc. | 2,000 | 17,309 |
63 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Global PMX Company, Ltd. | 2,000 | $11,636 | |||
Globalwafers Company, Ltd. | 4,000 | 99,010 | |||
Gloria Material Technology Corp. | 22,000 | 18,958 | |||
Gold Circuit Electronics, Ltd. | 9,000 | 26,375 | |||
Goldsun Building Materials Company, Ltd. | 52,208 | 49,539 | |||
Gourmet Master Company, Ltd. | 4,000 | 16,359 | |||
Grand Pacific Petrochemical | 48,000 | 49,232 | |||
Grape King Bio, Ltd. | 7,000 | 37,962 | |||
Great Taipei Gas Company, Ltd. | 25,000 | 29,405 | |||
Great Tree Pharmacy Company, Ltd. | 3,000 | 28,998 | |||
Great Wall Enterprise Company, Ltd. | 25,036 | 48,596 | |||
Greatek Electronics, Inc. | 11,000 | 28,790 | |||
Hannstar Board Corp. | 23,213 | 37,445 | |||
HannStar Display Corp. | 63,980 | 36,901 | |||
HannsTouch Solution, Inc. | 42,000 | 21,041 | |||
Hey Song Corp. | 18,250 | 23,034 | |||
Highwealth Construction Corp. | 25,446 | 44,579 | |||
Hitron Technology, Inc. | 8,267 | 6,122 | |||
Hiwin Technologies Corp. | 9,963 | 95,122 | |||
Ho Tung Chemical Corp. | 55,773 | 21,211 | |||
Holtek Semiconductor, Inc. | 5,000 | 19,534 | |||
Holy Stone Enterprise Company, Ltd. | 7,000 | 29,486 | |||
Hon Hai Precision Industry Company, Ltd. | 161,352 | 599,352 | |||
Hota Industrial Manufacturing Company, Ltd. | 13,309 | 38,036 | |||
Hotai Finance Company, Ltd. | 4,000 | 17,776 | |||
Hotai Motor Company, Ltd. | 5,000 | 113,207 | |||
Hsin Kuang Steel Company, Ltd. | 9,000 | 20,222 | |||
HTC Corp. (A) | 26,700 | 56,171 | |||
Hua Nan Financial Holdings Company, Ltd. | 140,604 | 111,489 | |||
Huaku Development Company, Ltd. | 12,353 | 40,101 | |||
Hung Ching Development & Construction Company, Ltd. | 2,000 | 2,198 | |||
Ibase Technology, Inc. | 10,000 | 14,466 | |||
IBF Financial Holdings Company, Ltd. | 81,474 | 46,110 | |||
Innodisk Corp. | 2,600 | 19,747 | |||
Innolux Corp. | 304,219 | 185,121 | |||
Inpaq Technology Company, Ltd. (A) | 6,650 | 14,556 | |||
International CSRC Investment Holdings Company | 35,797 | 32,834 | |||
International Games System Company, Ltd. | 2,000 | 49,433 | |||
Inventec Corp. | 49,705 | 45,903 | |||
ITE Technology, Inc. | 6,000 | 23,533 | |||
ITEQ Corp. | 12,626 | 58,927 | |||
Jentech Precision Industrial Company, Ltd. | 2,000 | 27,737 | |||
Jourdeness Group, Ltd. | 3,000 | 7,741 | |||
Kaimei Electronic Corp. | 2,865 | 9,145 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 64 |
Shares | Value | ||||
Taiwan (continued) | |||||
KEE TAI Properties Company, Ltd. | 24,973 | $11,035 | |||
Kenda Rubber Industrial Company, Ltd. | 17,947 | 19,366 | |||
Kerry TJ Logistics Company, Ltd. | 9,000 | 13,897 | |||
Kindom Development Company, Ltd. | 11,000 | 14,668 | |||
King Slide Works Company, Ltd. | 2,000 | 30,749 | |||
King Yuan Electronics Company, Ltd. | 47,762 | 75,243 | |||
King’s Town Bank Company, Ltd. | 37,000 | 53,463 | |||
Kinpo Electronics, Inc. | 52,724 | 29,086 | |||
Kinsus Interconnect Technology Corp. | 8,000 | 66,562 | |||
KMC Kuei Meng International, Inc. | 3,000 | 20,760 | |||
KS Terminals, Inc. | 7,000 | 23,039 | |||
Kung Long Batteries Industrial Company, Ltd. | 3,000 | 14,691 | |||
Kwong Lung Enterprise Company, Ltd. | 7,000 | 10,454 | |||
LandMark Optoelectronics Corp. | 2,000 | 13,056 | |||
Largan Precision Company, Ltd. | 2,000 | 145,346 | |||
Lealea Enterprise Company, Ltd. (A) | 28,863 | 11,090 | |||
Lida Holdings, Ltd. | 4,640 | 5,627 | |||
Lien Hwa Industrial Holdings Corp. | 14,109 | 33,884 | |||
Lite-On Technology Corp. | 74,250 | 182,572 | |||
Longchen Paper & Packaging Company, Ltd. | 46,265 | 36,046 | |||
Lotes Company, Ltd. | 2,199 | 57,114 | |||
Lumax International Corp., Ltd. | 6,855 | 18,028 | |||
Lung Yen Life Service Corp. | 14,000 | 21,722 | |||
Machvision, Inc. | 2,079 | 16,357 | |||
Macronix International Company, Ltd. | 55,706 | 88,182 | |||
Makalot Industrial Company, Ltd. | 8,247 | 65,148 | |||
Marketech International Corp. | 4,000 | 21,529 | |||
MediaTek, Inc. | 19,000 | 750,801 | |||
Mega Financial Holding Company, Ltd. | 185,531 | 250,022 | |||
Mercuries Life Insurance Company, Ltd. (A) | 70,526 | 22,485 | |||
Merida Industry Company, Ltd. | 3,162 | 32,205 | |||
Merry Electronics Company, Ltd. | 6,128 | 17,983 | |||
Micro-Star International Company, Ltd. | 21,488 | 121,123 | |||
Mildef Crete, Inc. | 4,000 | 8,706 | |||
Mitac Holdings Corp. | 38,448 | 46,477 | |||
momo.com, Inc. | 1,300 | 46,279 | |||
MPI Corp. | 6,000 | 23,137 | |||
Namchow Holdings Company, Ltd. | 12,000 | 21,048 | |||
Nan Ya Plastics Corp. | 56,860 | 179,336 | |||
Nantex Industry Company, Ltd. | 10,039 | 26,741 | |||
Nanya Technology Corp. | 24,985 | 69,968 | |||
National Petroleum Company, Ltd. | 9,000 | 15,759 | |||
Nien Made Enterprise Company, Ltd. | 5,000 | 64,819 | |||
Novatek Microelectronics Corp. | 12,000 | 198,942 |
65 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
O-Bank Company, Ltd. | 100,562 | $31,827 | |||
Ocean Plastics Company, Ltd. | 10,000 | 12,133 | |||
Oneness Biotech Company, Ltd. (A) | 3,000 | 26,593 | |||
OptoTech Corp. | 23,033 | 43,825 | |||
Orient Semiconductor Electronics, Ltd. (A) | 13,000 | 10,737 | |||
Oriental Union Chemical Corp. (A) | 36,300 | 28,340 | |||
O-TA Precision Industry Company, Ltd. | 5,000 | 25,953 | |||
Pacific Hospital Supply Company, Ltd. | 5,498 | 14,266 | |||
Pan-International Industrial Corp. | 9,443 | 12,723 | |||
PChome Online, Inc. | 7,000 | 28,599 | |||
PCL Technologies, Inc. | 3,282 | 9,275 | |||
Pegatron Corp. | 56,321 | 139,595 | |||
Pegavision Corp. | 1,000 | 15,779 | |||
Pharmally International Holding Company, Ltd. (A)(D) | 3,533 | 2,496 | |||
Phison Electronics Corp. | 3,000 | 55,506 | |||
Pixart Imaging, Inc. | 4,000 | 19,352 | |||
Polytronics Technology Corp. | 4,188 | 15,880 | |||
Pou Chen Corp. | 60,448 | 69,709 | |||
Power Wind Health Industry, Inc. | 3,150 | 15,174 | |||
Powertech Technology, Inc. | 33,000 | 111,934 | |||
Poya International Company, Ltd. | 1,922 | 27,851 | |||
President Chain Store Corp. | 12,000 | 112,134 | |||
President Securities Corp. | 29,515 | 22,826 | |||
Primax Electronics, Ltd. | 18,000 | 33,990 | |||
Prince Housing & Development Corp. | 37,943 | 18,759 | |||
Prodisc Technology, Inc. (A)(D) | 540,000 | 0 | |||
Qisda Corp. | 45,440 | 50,220 | |||
Quanta Computer, Inc. | 59,000 | 197,290 | |||
Quanta Storage, Inc. | 14,000 | 22,270 | |||
Radiant Opto-Electronics Corp. | 17,343 | 62,709 | |||
Radium Life Tech Company, Ltd. | 42,476 | 16,044 | |||
RDC Semiconductor Company, Ltd. (A) | 2,000 | 30,641 | |||
Realtek Semiconductor Corp. | 10,706 | 176,520 | |||
Rexon Industrial Corp., Ltd. | 9,000 | 13,864 | |||
Rich Development Company, Ltd. | 36,000 | 11,784 | |||
Ritek Corp. (A) | 29,707 | 10,093 | |||
Ruentex Development Company, Ltd. | 31,304 | 80,828 | |||
Ruentex Industries, Ltd. | 14,664 | 61,005 | |||
Run Long Construction Company, Ltd. | 5,000 | 9,938 | |||
Sampo Corp. | 16,197 | 18,122 | |||
Sanyang Motor Company, Ltd. | 19,389 | 19,652 | |||
SCI Pharmtech, Inc. | 4,800 | 15,508 | |||
SDI Corp. | 4,000 | 19,118 | |||
Sensortek Technology Corp. | 1,000 | 15,727 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 66 |
Shares | Value | ||||
Taiwan (continued) | |||||
Sercomm Corp. | 8,000 | $20,900 | |||
Shan-Loong Transportation Company, Ltd. | 8,000 | 10,822 | |||
Shih Wei Navigation Company, Ltd. (A) | 13,000 | 21,083 | |||
Shihlin Electric & Engineering Corp. | 13,213 | 24,476 | |||
Shin Hai Gas Corp. | 2,491 | 4,338 | |||
Shin Kong Financial Holding Company, Ltd. | 247,171 | 100,236 | |||
Shin Zu Shing Company, Ltd. | 9,301 | 30,214 | |||
Shining Building Business Company, Ltd. (A) | 29,397 | 11,116 | |||
Shinkong Insurance Company, Ltd. | 9,000 | 15,323 | |||
Shinkong Synthetic Fibers Corp. | 52,287 | 38,240 | |||
Shinkong Textile Company, Ltd. | 22,000 | 33,347 | |||
Shiny Chemical Industrial Company, Ltd. | 3,937 | 26,588 | |||
Sigurd Microelectronics Corp. | 18,842 | 38,709 | |||
Simplo Technology Company, Ltd. | 6,520 | 73,166 | |||
Sinbon Electronics Company, Ltd. | 6,043 | 58,095 | |||
Sincere Navigation Corp. | 13,930 | 14,221 | |||
Sino-American Electronic Company, Ltd. (A)(D) | 10,961 | 0 | |||
Sino-American Silicon Products, Inc. | 18,000 | 118,371 | |||
SinoPac Financial Holdings Company, Ltd. | 252,419 | 155,001 | |||
Sinyi Realty, Inc. | 20,000 | 24,280 | |||
Sitronix Technology Corp. | 3,000 | 31,784 | |||
Solar Applied Materials Technology Corp. | 12,000 | 22,455 | |||
Sonix Technology Company, Ltd. | 7,000 | 22,093 | |||
Sporton International, Inc. | 2,933 | 21,116 | |||
St. Shine Optical Company, Ltd. | 2,000 | 20,686 | |||
Standard Foods Corp. | 15,221 | 27,641 | |||
Sunny Friend Environmental Technology Company, Ltd. | 3,000 | 21,345 | |||
Sunonwealth Electric Machine Industry Company, Ltd. | 11,000 | 17,933 | |||
Sunplus Technology Company, Ltd. | 15,000 | 18,488 | |||
Supreme Electronics Company, Ltd. | 25,309 | 48,599 | |||
Swancor Holding Company, Ltd. | 7,000 | 23,143 | |||
Syncmold Enterprise Corp. | 5,000 | 12,186 | |||
Synnex Technology International Corp. | 36,188 | 93,690 | |||
Systex Corp. | 5,000 | 14,741 | |||
TA Chen Stainless Pipe (A) | 69,559 | 132,986 | |||
Ta Ya Electric Wire & Cable | 24,000 | 20,050 | |||
TA-I Technology Company, Ltd. | 10,000 | 21,829 | |||
Taichung Commercial Bank Company, Ltd. | 129,756 | 62,245 | |||
TaiDoc Technology Corp. | 4,000 | 25,786 | |||
Taiflex Scientific Company, Ltd. | 10,000 | 16,427 | |||
Tainan Spinning Company, Ltd. | 25,397 | 21,329 | |||
Taishin Financial Holding Company, Ltd. | 180,216 | 126,300 | |||
Taiwan Business Bank | 178,441 | 71,033 | |||
Taiwan Cement Corp. | 91,296 | 154,986 |
67 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Taiwan Cogeneration Corp. | 12,137 | $16,066 | |||
Taiwan Cooperative Financial Holding Company, Ltd. | 171,056 | 162,278 | |||
Taiwan Fertilizer Company, Ltd. | 24,000 | 59,025 | |||
Taiwan FU Hsing Industrial Company, Ltd. | 7,000 | 10,529 | |||
Taiwan Glass Industry Corp. | 35,894 | 29,871 | |||
Taiwan High Speed Rail Corp. | 46,000 | 48,685 | |||
Taiwan Hon Chuan Enterprise Company, Ltd. | 15,329 | 41,285 | |||
Taiwan Hopax Chemicals Manufacturing Company, Ltd. | 9,000 | 19,606 | |||
Taiwan Kolin Company, Ltd. (A)(D) | 400,000 | 0 | |||
Taiwan Land Development Corp. (A) | 58,353 | 6,562 | |||
Taiwan Mobile Company, Ltd. | 38,700 | 143,108 | |||
Taiwan Navigation Company, Ltd. | 16,000 | 21,916 | |||
Taiwan Paiho, Ltd. | 15,342 | 43,201 | |||
Taiwan PCB Techvest Company, Ltd. | 14,000 | 25,794 | |||
Taiwan Secom Company, Ltd. | 8,430 | 30,948 | |||
Taiwan Semiconductor Company, Ltd. | 8,000 | 19,774 | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 413,000 | 8,879,313 | |||
Taiwan Shin Kong Security Company, Ltd. | 13,724 | 19,293 | |||
Taiwan Styrene Monomer | 16,821 | 10,401 | |||
Taiwan Surface Mounting Technology Corp. | 8,636 | 36,439 | |||
Taiwan TEA Corp. (A) | 18,723 | 14,383 | |||
Taiwan Union Technology Corp. | 10,000 | 30,984 | |||
Tatung Company, Ltd. (A) | 45,526 | 51,380 | |||
TCI Company, Ltd. | 3,977 | 27,889 | |||
Teco Electric & Machinery Company, Ltd. | 42,109 | 45,485 | |||
The Ambassador Hotel (A) | 17,000 | 19,726 | |||
The Shanghai Commercial & Savings Bank, Ltd. | 36,000 | 59,301 | |||
Thinking Electronic Industrial Company, Ltd. | 4,000 | 20,114 | |||
Ton Yi Industrial Corp. | 45,000 | 23,589 | |||
Tong Hsing Electronic Industries, Ltd. | 2,913 | 30,517 | |||
Tong Yang Industry Company, Ltd. | 26,043 | 30,414 | |||
Topco Scientific Company, Ltd. | 5,048 | 31,268 | |||
Topkey Corp. | 2,000 | 9,746 | |||
TPK Holding Company, Ltd. | 23,000 | 31,867 | |||
Transcend Information, Inc. | 4,000 | 10,145 | |||
Tripod Technology Corp. | 13,770 | 63,133 | |||
TSRC Corp. | 25,706 | 32,600 | |||
Ttet Union Corp. | 4,000 | 22,080 | |||
TTY Biopharm Company, Ltd. | 10,094 | 24,654 | |||
Tung Ho Steel Enterprise Corp. | 15,502 | 39,047 | |||
Tung Thih Electronic Company, Ltd. | 4,000 | 20,736 | |||
TXC Corp. | 10,659 | 37,259 | |||
TYC Brother Industrial Company, Ltd. | 16,531 | 11,019 | |||
Ultra Chip, Inc. | 4,100 | 27,939 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 68 |
Shares | Value | ||||
Taiwan (continued) | |||||
U-Ming Marine Transport Corp. | 7,000 | $15,335 | |||
Unimicron Technology Corp. | 19,855 | 184,608 | |||
Union Bank of Taiwan (A) | 63,530 | 31,343 | |||
Uni-President Enterprises Corp. | 120,803 | 290,639 | |||
Unitech Printed Circuit Board Corp. (A) | 17,326 | 11,265 | |||
United Integrated Services Company, Ltd. | 8,200 | 51,913 | |||
United Microelectronics Corp. | 210,468 | 396,596 | |||
United Renewable Energy Company, Ltd. (A) | 50,337 | 37,321 | |||
Universal Cement Corp. | 20,819 | 15,970 | |||
Universal Vision Biotechnology Company, Ltd. | 3,000 | 29,146 | |||
Unizyx Holding Corp. (A) | 10,000 | 11,592 | |||
UPC Technology Corp. | 31,164 | 23,578 | |||
USI Corp. | 27,318 | 28,018 | |||
Vanguard International Semiconductor Corp. | 24,000 | 108,921 | |||
Ve Wong Corp. | 9,450 | 11,249 | |||
Ventec International Group Company, Ltd. | 4,000 | 17,097 | |||
Visual Photonics Epitaxy Company, Ltd. | 4,275 | 17,390 | |||
Voltronic Power Technology Corp. | 1,360 | 70,629 | |||
Wafer Works Corp. | 23,007 | 60,485 | |||
Wah Lee Industrial Corp. | 8,160 | 31,224 | |||
Walsin Lihwa Corp. | 53,000 | 53,599 | |||
Walsin Technology Corp. (A) | 11,805 | 62,529 | |||
Wan Hai Lines, Ltd. | 20,437 | 139,206 | |||
WAN HWA Enterprise Company | 2,975 | 1,294 | |||
Win Semiconductors Corp. | 7,582 | 83,006 | |||
Winbond Electronics Corp. | 92,519 | 111,420 | |||
Wintek Corp. (A)(D) | 819,661 | 0 | |||
Wisdom Marine Lines Company, Ltd. | 14,372 | 46,757 | |||
Wistron Corp. | 106,382 | 112,112 | |||
Wistron NeWeb Corp. | 13,483 | 34,343 | |||
Wiwynn Corp. | 3,000 | 107,147 | |||
Wowprime Corp. | 5,000 | 24,519 | |||
WPG Holdings, Ltd. | 35,779 | 71,405 | |||
WT Microelectronics Company, Ltd. | 17,497 | 52,431 | |||
XinTec, Inc. | 4,000 | 17,271 | |||
Xxentria Technology Materials Corp. | 6,124 | 15,227 | |||
Yageo Corp. | 9,939 | 163,067 | |||
Yang Ming Marine Transport Corp. (A) | 52,613 | 222,369 | |||
YC INOX Company, Ltd. | 19,000 | 22,681 | |||
YFY, Inc. | 41,614 | 50,268 | |||
Yieh Phui Enterprise Company, Ltd. (A) | 22,896 | 19,988 | |||
Youngtek Electronics Corp. | 5,058 | 15,014 | |||
Yuanta Financial Holding Company, Ltd. | 168,663 | 150,666 | |||
Yuen Foong Yu Consumer Products Company, Ltd. | 6,000 | 10,408 |
69 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Yulon Finance Corp. | 6,141 | $44,685 | |||
Yulon Motor Company, Ltd. | 21,810 | 32,110 | |||
Yungshin Construction & Development Company, Ltd. | 9,000 | 23,820 | |||
Zhen Ding Technology Holding, Ltd. | 23,050 | 76,452 | |||
Zig Sheng Industrial Company, Ltd. | 37,000 | 20,509 | |||
ZongTai Real Estate Development Company, Ltd. | 16,000 | 22,541 | |||
Thailand 2.2% | 4,225,251 | ||||
AAPICO Hitech PCL | 12,870 | 9,051 | |||
Absolute Clean Energy PCL | 104,700 | 10,099 | |||
Advanced Info Service PCL | 19,691 | 138,611 | |||
Advanced Information Technology PCL | 78,900 | 17,068 | |||
AEON Thana Sinsap Thailand PCL, NVDR | 2,900 | 17,577 | |||
Airports of Thailand PCL (A) | 60,800 | 120,125 | |||
Allianz Ayudhya Capital PCL | 12,100 | 15,675 | |||
Amata Corp. PCL | 40,900 | 26,868 | |||
AP Thailand PCL | 139,778 | 45,435 | |||
Asset World Corp. PCL (A) | 161,000 | 23,719 | |||
B Grimm Power PCL | 18,300 | 19,416 | |||
Bangchak Corp. PCL | 47,400 | 45,186 | |||
Bangkok Airways PCL (A) | 63,400 | 18,404 | |||
Bangkok Bank PCL | 5,505 | 23,717 | |||
Bangkok Chain Hospital PCL | 43,625 | 25,512 | |||
Bangkok Commercial Asset Management PCL | 37,900 | 25,515 | |||
Bangkok Dusit Medical Services PCL | 107,700 | 78,308 | |||
Bangkok Expressway & Metro PCL | 157,225 | 42,989 | |||
Bangkok Insurance PCL | 4,870 | 39,986 | |||
Bangkok Land PCL | 480,800 | 15,316 | |||
Bangkok Life Assurance PCL, NVDR | 15,160 | 20,337 | |||
Banpu PCL | 120,666 | 40,441 | |||
Banpu Power PCL | 31,100 | 15,928 | |||
BCPG PCL | 40,400 | 15,486 | |||
BEC World PCL (A) | 54,300 | 27,563 | |||
Berli Jucker PCL | 26,500 | 27,249 | |||
Better World Green PCL (A) | 256,000 | 7,789 | |||
BTS Group Holdings PCL | 100,400 | 29,267 | |||
Bumrungrad Hospital PCL | 6,300 | 29,688 | |||
Cal-Comp Electronics Thailand PCL | 272,675 | 23,634 | |||
Carabao Group PCL | 4,100 | 13,423 | |||
Central Pattana PCL | 36,900 | 62,750 | |||
Central Retail Corp. PCL | 29,700 | 34,923 | |||
CH Karnchang PCL | 59,423 | 38,338 | |||
Charoen Pokphand Foods PCL | 132,033 | 102,301 | |||
Chularat Hospital PCL | 197,600 | 21,186 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 70 |
Shares | Value | ||||
Thailand (continued) | |||||
CK Power PCL | 144,900 | $22,696 | |||
Com7 PCL | 12,400 | 31,479 | |||
CP ALL PCL | 90,800 | 189,701 | |||
Delta Electronics Thailand PCL | 3,200 | 40,065 | |||
Dhipaya Group Holdings PCL (A) | 23,600 | 43,215 | |||
Dohome PCL | 21,100 | 15,299 | |||
Dynasty Ceramic PCL | 351,500 | 32,254 | |||
Eastern Polymer Group PCL | 43,500 | 13,194 | |||
Eastern Water Resources Development & Management PCL | 35,400 | 8,298 | |||
Electricity Generating PCL | 6,200 | 34,152 | |||
Energy Absolute PCL | 20,900 | 61,083 | |||
Forth Corp. PCL | 16,900 | 13,749 | |||
GFPT PCL | 38,500 | 15,467 | |||
Global Power Synergy PCL | 17,182 | 39,665 | |||
Group Lease PCL, NVDR (A)(D) | 54,000 | 1,074 | |||
Gulf Energy Development PCL | 14,300 | 22,233 | |||
Gunkul Engineering PCL | 209,600 | 40,006 | |||
Hana Microelectronics PCL | 18,600 | 29,275 | |||
Home Product Center PCL | 94,312 | 44,164 | |||
Indorama Ventures PCL | 35,500 | 49,183 | |||
Intouch Holdings PCL | 3,700 | 8,604 | |||
IRPC PCL | 400,700 | 46,970 | |||
Italian-Thai Development PCL (A) | 329,300 | 20,867 | |||
Jasmine International PCL (A) | 184,138 | 20,354 | |||
JMT Network Services PCL | 12,139 | 25,400 | |||
Kang Yong Electric PCL | 130 | 1,489 | |||
KCE Electronics PCL | 15,800 | 29,416 | |||
Kiatnakin Phatra Bank PCL | 10,300 | 21,574 | |||
Krung Thai Bank PCL | 37,450 | 16,112 | |||
Krungthai Card PCL | 12,000 | 23,352 | |||
Land & Houses PCL | 190,300 | 56,044 | |||
LH Financial Group PCL | 157,800 | 7,033 | |||
LPN Development PCL | 58,200 | 8,281 | |||
MBK PCL (A) | 29,028 | 11,153 | |||
Mega Lifesciences PCL | 11,600 | 15,280 | |||
Minor International PCL (A) | 24,400 | 23,108 | |||
MK Restaurants Group PCL | 12,000 | 19,892 | |||
Muangthai Capital PCL | 13,900 | 22,015 | |||
Origin Property PCL | 40,350 | 14,775 | |||
Osotspa PCL | 35,900 | 38,861 | |||
PCS Machine Group Holding PCL | 53,400 | 8,186 | |||
Plan B Media PCL (A) | 125,064 | 30,519 | |||
Polyplex Thailand PCL | 14,100 | 11,783 | |||
Precious Shipping PCL | 24,200 | 13,029 |
71 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Thailand (continued) | |||||
Prima Marine PCL | 49,900 | $8,802 | |||
Pruksa Holding PCL | 26,800 | 11,815 | |||
PTG Energy PCL | 31,400 | 13,893 | |||
PTT Exploration & Production PCL | 32,528 | 136,951 | |||
PTT Global Chemical PCL | 23,492 | 38,284 | |||
PTT PCL | 215,800 | 262,687 | |||
Quality Houses PCL | 489,271 | 34,225 | |||
Rajthanee Hospital PCL | 9,500 | 9,447 | |||
Ratch Group PCL | 21,600 | 30,461 | |||
Ratchthani Leasing PCL | 163,218 | 21,871 | |||
Regional Container Lines PCL | 18,700 | 27,197 | |||
Rojana Industrial Park PCL | 52,700 | 10,512 | |||
RS PCL (A) | 16,600 | 8,625 | |||
Sabina PCL | 12,700 | 8,447 | |||
Saha-Union PCL | 53,300 | 55,008 | |||
Samart Corp. PCL (A) | 27,900 | 5,381 | |||
Sansiri PCL | 773,509 | 29,297 | |||
Sermsang Power Corp. Company, Ltd. | 23,100 | 8,432 | |||
Siam City Cement PCL | 2,541 | 12,539 | |||
Siam Global House PCL | 36,257 | 21,970 | |||
Siamgas & Petrochemicals PCL | 54,100 | 23,089 | |||
Singha Estate PCL (A) | 157,900 | 9,439 | |||
Sino-Thai Engineering & Construction PCL | 50,900 | 22,105 | |||
Somboon Advance Technology PCL | 19,007 | 12,299 | |||
SPCG PCL | 38,800 | 21,170 | |||
Sri Trang Agro-Industry PCL | 44,300 | 36,379 | |||
Sri Trang Gloves Thailand PCL | 39,100 | 30,888 | |||
Srisawad Corp. PCL | 22,700 | 40,300 | |||
Star Petroleum Refining PCL (A) | 71,900 | 19,770 | |||
Supalai PCL | 45,650 | 30,744 | |||
Super Energy Corp. PCL | 697,500 | 19,682 | |||
Thai Oil PCL | 34,300 | 57,020 | |||
Thai Union Group PCL | 107,300 | 67,106 | |||
Thai Vegetable Oil PCL | 23,500 | 23,413 | |||
Thaicom PCL | 15,900 | 4,785 | |||
Thaifoods Group PCL | 112,700 | 14,660 | |||
The Siam Cement PCL | 11,150 | 134,186 | |||
The Siam Commercial Bank PCL | 11,231 | 43,399 | |||
Thonburi Healthcare Group PCL | 16,900 | 25,747 | |||
Thoresen Thai Agencies PCL | 46,900 | 14,365 | |||
Tipco Asphalt PCL, NVDR | 31,100 | 17,435 | |||
Tisco Financial Group PCL | 8,100 | 24,299 | |||
TMBThanachart Bank PCL | 368,010 | 15,513 | |||
TOA Paint Thailand PCL | 10,900 | 9,715 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 72 |
Shares | Value | ||||
Thailand (continued) | |||||
Total Access Communication PCL, NVDR | 22,200 | $32,046 | |||
TPI Polene PCL | 404,300 | 21,458 | |||
TPI Polene Power PCL | 106,000 | 13,245 | |||
TQM Corp. PCL | 14,600 | 20,252 | |||
True Corp. PCL | 512,588 | 78,794 | |||
TTW PCL | 49,900 | 17,550 | |||
U City PCL (A) | 237,300 | 12,628 | |||
Unique Engineering & Construction PCL (A) | 61,580 | 10,677 | |||
Univanich Palm Oil PCL | 42,900 | 9,679 | |||
WHA Corp. PCL | 174,900 | 18,256 | |||
Workpoint Entertainment PCL | 11,640 | 8,085 | |||
Turkey 0.4% | 750,379 | ||||
Akbank TAS | 67,088 | 34,244 | |||
Aksa Akrilik Kimya Sanayii AS | 15,418 | 40,157 | |||
Anadolu Anonim Turk Sigorta Sirketi | 15,271 | 5,776 | |||
Arcelik AS | 4,380 | 17,526 | |||
Aselsan Elektronik Sanayi Ve Ticaret AS | 9,214 | 14,892 | |||
Bera Holding AS (A) | 6,956 | 4,104 | |||
BIM Birlesik Magazalar AS | 8,299 | 43,904 | |||
Borusan Yatirim ve Pazarlama AS | 11 | 275 | |||
Brisa Bridgestone Sabanci Sanayi ve Ticaret AS | 1,525 | 2,894 | |||
Coca-Cola Icecek AS | 2,666 | 20,991 | |||
Enka Insaat ve Sanayi AS | 26,613 | 23,558 | |||
Eregli Demir ve Celik Fabrikalari TAS | 16,833 | 37,885 | |||
Ford Otomotiv Sanayi AS | 1,299 | 25,321 | |||
Goldas Kuyumculuk Sanayi Ithalat Ve Bagli Ortakliklari (A)(D) | 54,847 | 374 | |||
Hektas Ticaret TAS (A) | 21,125 | 19,787 | |||
Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (A) | 8,657 | 8,424 | |||
Is Yatirim Menkul Degerler AS | 9,331 | 11,849 | |||
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D (A) | 37,562 | 31,787 | |||
KOC Holding AS | 12,619 | 28,897 | |||
Koza Altin Isletmeleri AS (A) | 997 | 8,266 | |||
Koza Anadolu Metal Madencilik Isletmeleri AS (A) | 8,796 | 12,476 | |||
Migros Ticaret AS (A) | 5,109 | 13,307 | |||
Otokar Otomotiv Ve Savunma Sanayi A.S. | 263 | 7,702 | |||
Pegasus Hava Tasimaciligi AS (A) | 1,333 | 9,017 | |||
Petkim Petrokimya Holding AS (A) | 35,494 | 19,893 | |||
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 8,941 | 11,022 | |||
Sasa Polyester Sanayi AS (A) | 5,106 | 17,163 | |||
TAV Havalimanlari Holding AS (A) | 6,086 | 14,875 | |||
Tofas Turk Otomobil Fabrikasi AS | 4,325 | 25,130 | |||
Turk Hava Yollari AO (A) | 25,780 | 47,722 | |||
Turk Telekomunikasyon AS | 16,647 | 10,421 |
73 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Turkey (continued) | |||||
Turk Traktor ve Ziraat Makineleri AS | 447 | $6,902 | |||
Turkcell Iletisim Hizmetleri AS | 33,861 | 50,347 | |||
Turkiye Garanti Bankasi AS | 53,299 | 42,717 | |||
Turkiye Petrol Rafinerileri AS (A) | 1,496 | 20,880 | |||
Turkiye Sise ve Cam Fabrikalari AS | 15,535 | 13,882 | |||
Turkiye Vakiflar Bankasi TAO, Class D (A) | 34,357 | 8,306 | |||
Ulker Biskuvi Sanayi AS | 4,197 | 4,501 | |||
Vestel Elektronik Sanayi ve Ticaret AS | 3,881 | 6,311 | |||
Yapi ve Kredi Bankasi AS | 46,073 | 11,900 | |||
Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 10,687 | 8,059 | |||
Zorlu Enerji Elektrik Uretim AS (A) | 63,428 | 6,935 | |||
Ukraine 0.0% | 19,592 | ||||
Kernel Holding SA | 2,666 | 19,592 | |||
United Arab Emirates 1.0% | 1,786,351 | ||||
Abu Dhabi Commercial Bank PJSC | 47,426 | 139,097 | |||
Abu Dhabi Islamic Bank PJSC | 58,582 | 141,331 | |||
Abu Dhabi National Oil Company for Distribution PJSC | 40,263 | 45,205 | |||
Agthia Group PJSC | 7,185 | 9,536 | |||
Air Arabia PJSC (A) | 91,308 | 40,912 | |||
Ajman Bank PJSC (A) | 106,389 | 24,135 | |||
Aldar Properties PJSC | 93,124 | 106,428 | |||
Aramex PJSC | 37,355 | 40,800 | |||
Arkan Building Materials Company (A) | 55,892 | 18,473 | |||
Dana Gas PJSC | 170,647 | 49,327 | |||
Deyaar Development PJSC (A) | 272,075 | 34,598 | |||
Dubai Financial Market PJSC | 65,925 | 42,047 | |||
Dubai Investments PJSC | 82,070 | 50,516 | |||
Dubai Islamic Bank PJSC | 18,778 | 31,208 | |||
Emaar Development PJSC (A) | 31,923 | 37,344 | |||
Emaar Properties PJSC | 78,753 | 109,088 | |||
Emirates Integrated Telecommunications Company PJSC | 30,997 | 55,466 | |||
Emirates NBD Bank PJSC | 18,063 | 70,465 | |||
Emirates Telecommunications Group Company PJSC | 37,598 | 359,077 | |||
First Abu Dhabi Bank PJSC | 55,434 | 312,384 | |||
Gulf Pharmaceutical Industries PSC (A) | 43,334 | 17,133 | |||
RAK Properties PJSC (A) | 63,646 | 13,447 | |||
Ras Al Khaimah Ceramics | 21,048 | 18,257 | |||
SHUAA Capital PSC | 124,409 | 20,077 | |||
United States 0.1% | 192,168 | ||||
Nexteer Automotive Group, Ltd. | 54,000 | 54,085 | |||
Parade Technologies, Ltd. | 2,000 | 138,083 |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 74 |
Shares | Value | ||||
Preferred securities 1.2% | $2,279,246 | ||||
(Cost $1,692,242) | |||||
Brazil 1.1% | 2,027,271 | ||||
Alpargatas SA | 4,423 | 22,023 | |||
Banco ABC Brasil SA | 5,383 | 16,181 | |||
Banco Bradesco SA | 68,647 | 268,912 | |||
Banco do Estado do Rio Grande do Sul SA, B Shares | 6,855 | 13,246 | |||
Banco Inter SA (B) | 9,109 | 11,909 | |||
Centrais Eletricas Brasileiras SA, B Shares | 3,254 | 21,612 | |||
Centrais Eletricas Santa Catarina | 900 | 10,999 | |||
Cia de Saneamento do Parana | 48,343 | 37,442 | |||
Cia de Transmissao de Energia Eletrica Paulista | 8,072 | 38,229 | |||
Cia Energetica de Minas Gerais | 30,058 | 73,861 | |||
Cia Energetica de Sao Paulo, B Shares | 8,098 | 35,727 | |||
Cia Ferro Ligas da Bahia | 1,876 | 16,034 | |||
Cia Paranaense de Energia, B Shares | 40,000 | 53,448 | |||
Gerdau SA | 18,000 | 89,277 | |||
Itau Unibanco Holding SA | 44,280 | 217,377 | |||
Marcopolo SA | 33,745 | 18,883 | |||
Petroleo Brasileiro SA | 142,938 | 939,597 | |||
Randon SA Implementos e Participacoes | 12,025 | 24,544 | |||
Taurus Armas SA (A) | 3,300 | 14,319 | |||
Unipar Carbocloro SA, B Shares | 2,201 | 40,165 | |||
Usinas Siderurgicas de Minas Gerais SA, A Shares | 22,459 | 63,486 | |||
Chile 0.1% | 145,540 | ||||
Coca-Cola Embonor SA, B Shares | 18,333 | 22,202 | |||
Embotelladora Andina SA, B Shares | 17,785 | 38,729 | |||
Sociedad Quimica y Minera de Chile SA, B Shares | 1,274 | 84,609 | |||
Colombia 0.0% | 68,006 | ||||
Bancolombia SA | 4,585 | 40,528 | |||
Grupo Argos SA | 4,425 | 10,891 | |||
Grupo Aval Acciones y Valores SA | 61,605 | 16,587 | |||
Philippines 0.0% | 9,953 | ||||
Cebu Air, Inc., 6.000% | 11,227 | 9,953 | |||
Taiwan 0.0% | 4,447 | ||||
China Development Financial Holding Corp. (A) | 13,378 | 4,447 | |||
Thailand 0.0% | 24,029 | ||||
U City PCL (A) | 711,900 | 24,029 | |||
Rights 0.0% | $2,989 | ||||
(Cost $0) | |||||
Americanas SA (Expiration Date: 3-4-22; Strike Price: BRL 23.73) (A) | 122 | 321 |
75 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Mercuries Life Insurance Company, Ltd. (Expiration Date: 3-14-22; Strike Price: TWD 8.20) (A) | 9,090 | $217 | |||
Samsung Biologics Company, Ltd. (Expiration Date: 4-11-22; Strike Price: KRW 639,000.00) (A) | 6 | 699 | |||
Taihan Electric Wire Company, Ltd. (Expiration Date: 3-11-22; Strike Price: KRW 1,295.00) (A) | 6,905 | 1,752 | |||
Warrants 0.0% | $178 | ||||
(Cost $0) | |||||
Marisa Lojas SA (Expiration Date: 11-15-22; Strike Price: BRL 3.62) (A) | 2,133 | 178 | |||
Yield (%) | Shares | Value | |||
Short-term investments 0.3% | $676,093 | ||||
(Cost $675,437) | |||||
Short-term funds 0.3% | 676,093 | ||||
John Hancock Collateral Trust (F) | 0.0896(G) | 67,599 | 676,093 |
Total investments (Cost $147,856,128) 99.6% | $188,234,691 | ||||
Other assets and liabilities, net 0.4% | 664,811 | ||||
Total net assets 100.0% | $188,899,502 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
Currency Abbreviations | |
BRL | Brazilian Real |
KRW | Korean Won |
TWD | New Taiwan Dollar |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
BDR | Brazilian Depositary Receipt |
GDR | Global Depositary Receipt |
NVDR | Non-Voting Depositary Receipt |
(A) | Non-income producing security. |
(B) | These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(C) | All or a portion of this security is on loan as of 2-28-22. |
(D) | 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. |
(E) | Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to financial statements. |
(F) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(G) | The rate shown is the annualized seven-day yield as of 2-28-22. |
SEE NOTES TO FINANCIAL STATEMENTS | SEMIANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 76 |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P 500 Index E-Mini Futures | 6 | Long | Mar 2022 | $1,402,124 | $1,310,400 | $(91,724) |
$(91,724) |
77 | JOHN HANCOCK EMERGING MARKETS FUND | SEMIANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
(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.
The registrant has adopted procedures by which shareholders may recommend nominees to the registrant's Board of Trustees. A copy of the procedures is filed as an exhibit to this Form N-CSR. See attached "John Hancock Funds – Nominating, Governance and Administration Committee Charter."
ITEM 11. CONTROLS AND PROCEDURES.
(a)Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.
(b)There were no changes in the registrant's internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 13. EXHIBITS.
(a)(1) Not applicable.
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 G. Arnott
__________________
Andrew G. Arnott President
Date: April 21, 2022
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
/s/ Andrew G. Arnott
__________________
Andrew G. Arnott President
Date: April 21, 2022
/s/ Charles A. Rizzo
___________________
Charles A. Rizzo
Chief Financial Officer
Date: April 21, 2022