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, MA 02116
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(Address of principal executive offices) (Zip code)
SALVATORE SCHIAVONE, 200 Berkeley Street, BOSTON, MA 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: August 31
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Date of reporting period: August 31, 2023
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ITEM 1. REPORTS TO STOCKHOLDERS.
The Registrant prepared the following annual reports to shareholders for the period ended August 31, 2023:
Emerging Markets Debt Fund
Emerging Markets Fund
Multi-Asset High Income Fund
New Opportunities Fund
Real Estate Securities Fund
Strategic Income Opportunities Fund
INTERNAL
United States and Europe
Manulife Investment Management
John Hancock Investment Management
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 1 |
2 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 3 |
4 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
TOP 10 ISSUERS AS OF 8/31/2023 (% of net assets) | |
Pertamina Persero PT | 3.9 |
Kingdom of Saudi Arabia | 3.8 |
State of Qatar | 3.4 |
Petroleos Mexicanos | 3.3 |
Republic of Turkey | 3.3 |
Sultanate of Oman | 2.5 |
Kingdom of Bahrain | 2.5 |
Arab Republic of Egypt | 2.2 |
Government of Dominican Republic | 2.1 |
Government of Romania | 2.0 |
TOTAL | 29.0 |
Cash and cash equivalents are not included. |
TOP 10 COUNTRIES AS OF 8/31/2023 (% of net assets) | |
Mexico | 11.5 |
Indonesia | 6.4 |
Brazil | 5.2 |
Turkey | 4.1 |
Peru | 3.9 |
Saudi Arabia | 3.8 |
India | 3.6 |
Luxembourg | 3.6 |
Qatar | 3.4 |
Dominican Republic | 3.3 |
TOTAL | 48.8 |
Cash and cash equivalents are not included. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 5 |
6 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | |||||
1-year | 5-year | 10-year | 5-year | 10-year | as of 8-31-23 | as of 8-31-23 | ||
Class A | 2.14 | 0.01 | 2.05 | 0.03 | 22.54 | 7.03 | 7.02 | |
Class C1 | 4.50 | 0.12 | 1.80 | 0.61 | 19.55 | 6.71 | 6.70 | |
Class I2 | 6.53 | 1.12 | 2.78 | 5.72 | 31.57 | 7.69 | 7.69 | |
Class R21,2 | 6.40 | 0.92 | 2.56 | 4.69 | 28.81 | 7.57 | 7.56 | |
Class R61,2 | 6.66 | 1.25 | 2.83 | 6.42 | 32.18 | 7.82 | 7.81 | |
Class NAV2 | 6.68 | 1.24 | 2.92 | 6.37 | 33.31 | 7.83 | 7.82 | |
Index 1†† | 5.77 | 0.47 | 3.01 | 2.39 | 34.49 | — | — | |
Index 2†† | 4.96 | 0.84 | 2.80 | 4.26 | 31.86 | — | — |
Class A | Class C | Class I | Class R2 | Class R6 | Class NAV | |
Gross (%) | 1.18 | 1.88 | 0.88 | 1.27 | 0.77 | 0.76 |
Net (%) | 1.17 | 1.87 | 0.87 | 1.26 | 0.76 | 0.75 |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 7 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | |
Class C1,3 | 8-31-13 | 11,955 | 11,955 | 13,449 | 13,186 |
Class I2 | 8-31-13 | 13,157 | 13,157 | 13,449 | 13,186 |
Class R21,2 | 8-31-13 | 12,881 | 12,881 | 13,449 | 13,186 |
Class R61,2 | 8-31-13 | 13,218 | 13,218 | 13,449 | 13,186 |
Class NAV2 | 8-31-13 | 13,331 | 13,331 | 13,449 | 13,186 |
1 | Class R2 and Class R6 shares were first offered on 3-27-15. Class C shares were first offered on 8-28-14. 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. |
8 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 9 |
Account value on 3-1-2023 | Ending value on 8-31-2023 | Expenses paid during period ended 8-31-20231 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,035.40 | $6.00 | 1.17% |
Hypothetical example | 1,000.00 | 1,019.30 | 5.95 | 1.17% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,030.70 | 9.73 | 1.90% |
Hypothetical example | 1,000.00 | 1,015.60 | 9.65 | 1.90% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,034.30 | 4.56 | 0.89% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.53 | 0.89% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,033.70 | 5.33 | 1.04% |
Hypothetical example | 1,000.00 | 1,020.00 | 5.30 | 1.04% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,036.40 | 4.00 | 0.78% |
Hypothetical example | 1,000.00 | 1,021.30 | 3.97 | 0.78% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 1,035.00 | 4.00 | 0.78% |
Hypothetical example | 1,000.00 | 1,021.30 | 3.97 | 0.78% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
10 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
Foreign government obligations 47.5% | $435,211,102 | ||||
(Cost $533,170,427) | |||||
Angola 0.6% | 5,745,580 | ||||
Republic of Angola | |||||
Bond | 8.750 | 04-14-32 | 4,300,000 | 3,526,000 | |
Bond (A) | 9.125 | 11-26-49 | 3,000,000 | 2,219,580 | |
Argentina 2.1% | 19,098,124 | ||||
Provincia de Buenos Aires | |||||
Bond (5.250% to 9-1-23, then 6.375% to 9-1-24, then 6.625% thereafter) (A) | 5.250 | 09-01-37 | 10,689,333 | 4,005,683 | |
Provincia de Rio Negro | |||||
Bond (6.625% to 9-10-23, then 6.875% thereafter) (A) | 6.625 | 03-10-28 | 2,462,111 | 1,428,024 | |
Republic of Argentina | |||||
Bond (3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.375% to 7-9-28, then 5.000% thereafter) | 3.625 | 07-09-46 | 4,300,000 | 1,276,248 | |
Bond (3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter) | 3.625 | 07-09-35 | 27,207,840 | 8,017,926 | |
Bond (4.250% to 7-9-24, then 5.000% thereafter) | 4.250 | 01-09-38 | 12,490,579 | 4,370,243 | |
Armenia 0.3% | 3,153,472 | ||||
Republic of Armenia | |||||
Bond (A) | 3.600 | 02-02-31 | 4,000,000 | 3,153,472 | |
Bahrain 2.5% | 22,482,857 | ||||
Kingdom of Bahrain | |||||
Bond (A) | 5.250 | 01-25-33 | 6,000,000 | 5,258,184 | |
Bond (A) | 7.000 | 10-12-28 | 3,450,000 | 3,544,703 | |
Bond (A) | 7.375 | 05-14-30 | 8,700,000 | 8,915,673 | |
Bond (A) | 7.750 | 04-18-35 | 4,650,000 | 4,764,297 | |
Brazil 2.0% | 17,876,206 | ||||
Federative Republic of Brazil | |||||
Note | 10.000 | 01-01-27 | BRL | 88,000,000 | 17,876,206 |
Colombia 1.4% | 12,917,637 | ||||
Republic of Colombia | |||||
Bond | 3.125 | 04-15-31 | 7,770,000 | 5,978,858 | |
Bond | 5.000 | 06-15-45 | 6,900,000 | 4,835,386 | |
Bond | 5.200 | 05-15-49 | 3,000,000 | 2,103,393 | |
Dominican Republic 2.1% | 19,336,476 | ||||
Government of Dominican Republic |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Dominican Republic (continued) | |||||
Bond (A) | 5.300 | 01-21-41 | 5,000,000 | $3,896,083 | |
Bond (A) | 5.875 | 01-30-60 | 5,350,000 | 4,098,813 | |
Bond | 5.875 | 01-30-60 | 1,500,000 | 1,148,989 | |
Bond (A) | 5.950 | 01-25-27 | 1,500,000 | 1,465,587 | |
Bond | 5.950 | 01-25-27 | 900,000 | 879,352 | |
Bond | 6.850 | 01-27-45 | 5,800,000 | 5,183,069 | |
Bond (A) | 6.875 | 01-29-26 | 2,650,000 | 2,664,583 | |
Egypt 2.2% | 19,985,289 | ||||
Arab Republic of Egypt | |||||
Bond (A) | 3.875 | 02-16-26 | 5,000,000 | 3,589,860 | |
Bond (A) | 5.875 | 06-11-25 | 3,000,000 | 2,438,340 | |
Bond (A) | 7.500 | 01-31-27 | 3,700,000 | 2,659,449 | |
Bond (A) | 7.903 | 02-21-48 | 9,200,000 | 4,657,500 | |
Bond | 7.903 | 02-21-48 | 2,000,000 | 1,012,500 | |
Bond | 8.500 | 01-31-47 | 4,600,000 | 2,428,800 | |
Bond (A) | 8.875 | 05-29-50 | 6,000,000 | 3,198,840 | |
El Salvador 0.6% | 5,636,467 | ||||
Republic of El Salvador | |||||
Bond | 6.375 | 01-18-27 | 2,250,000 | 1,750,586 | |
Bond | 9.500 | 07-15-52 | 5,000,000 | 3,885,881 | |
Georgia 0.1% | 896,160 | ||||
Republic of Georgia | |||||
Bond (A) | 2.750 | 04-22-26 | 1,000,000 | 896,160 | |
Ghana 0.6% | 5,545,579 | ||||
Republic of Ghana | |||||
Bond | 7.625 | 05-16-29 | 3,275,000 | 1,400,063 | |
Bond (A) | 7.875 | 02-11-35 | 1,200,000 | 528,000 | |
Bond | 8.125 | 01-18-26 | 3,150,000 | 1,431,266 | |
Bond | 8.950 | 03-26-51 | 5,300,000 | 2,186,250 | |
Guatemala 0.7% | 6,549,304 | ||||
Republic of Guatemala | |||||
Bond | 6.600 | 06-13-36 | 6,550,000 | 6,549,304 | |
Honduras 0.1% | 994,592 | ||||
Republic of Honduras | |||||
Bond (A) | 6.250 | 01-19-27 | 1,050,000 | 994,592 | |
Hungary 1.3% | 12,137,591 | ||||
Republic of Hungary | |||||
Bond (A) | 6.125 | 05-22-28 | 2,800,000 | 2,838,366 | |
Bond | 6.250 | 09-22-32 | 9,230,000 | 9,299,225 | |
India 2.0% | 18,299,229 | ||||
Republic of India |
12 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
India (continued) | |||||
Bond | 6.100 | 07-12-31 | INR | 1,620,000,000 | $18,299,229 |
Indonesia 1.2% | 11,317,747 | ||||
Republic of Indonesia | |||||
Bond | 6.625 | 02-17-37 | 2,421,000 | 2,693,838 | |
Bond | 7.000 | 09-15-30 | IDR | 127,000,000,000 | 8,623,909 |
Iraq 0.6% | 5,202,735 | ||||
Republic of Iraq | |||||
Bond | 5.800 | 01-15-28 | 5,668,875 | 5,202,735 | |
Ivory Coast 0.8% | 6,950,272 | ||||
Republic of Ivory Coast | |||||
Bond (A) | 4.875 | 01-30-32 | EUR | 8,350,000 | 6,950,272 |
Kenya 0.5% | 4,786,000 | ||||
Republic of Kenya | |||||
Bond (A) | 8.000 | 05-22-32 | 3,000,000 | 2,476,500 | |
Bond (A) | 8.250 | 02-28-48 | 3,100,000 | 2,309,500 | |
Mexico 1.1% | 9,817,190 | ||||
Government of Mexico | |||||
Bond | 5.750 | 03-05-26 | MXN | 185,000,000 | 9,817,190 |
Morocco 0.9% | 8,041,250 | ||||
Kingdom of Morocco | |||||
Bond (A) | 4.000 | 12-15-50 | 6,500,000 | 4,241,250 | |
Bond (A) | 5.950 | 03-08-28 | 3,800,000 | 3,800,000 | |
Namibia 0.4% | 3,226,736 | ||||
Republic of Namibia | |||||
Bond (A) | 5.250 | 10-29-25 | 3,400,000 | 3,226,736 | |
Nigeria 1.9% | 17,761,413 | ||||
Federal Republic of Nigeria | |||||
Bond | 7.625 | 11-28-47 | 2,550,000 | 1,753,329 | |
Bond (A) | 7.696 | 02-23-38 | 2,600,000 | 1,885,364 | |
Bond (A) | 7.875 | 02-16-32 | 2,000,000 | 1,625,360 | |
Bond | 7.875 | 02-16-32 | 4,500,000 | 3,657,060 | |
Bond (A) | 8.375 | 03-24-29 | 5,500,000 | 4,840,000 | |
Bond | 9.248 | 01-21-49 | 5,000,000 | 4,000,300 | |
Oman 2.5% | 23,239,508 | ||||
Sultanate of Oman | |||||
Bond | 5.625 | 01-17-28 | 6,000,000 | 5,917,740 | |
Bond | 6.750 | 01-17-48 | 11,500,000 | 11,134,668 | |
Bond (A) | 7.000 | 01-25-51 | 6,250,000 | 6,187,100 | |
Panama 0.5% | 4,319,573 | ||||
Republic of Panama | |||||
Bond | 6.700 | 01-26-36 | 3,050,000 | 3,198,582 | |
Bond | 8.875 | 09-30-27 | 1,000,000 | 1,120,991 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Philippines 0.5% | $4,305,217 | ||||
Republic of the Philippines | |||||
Bond | 5.170 | 10-13-27 | 4,300,000 | 4,305,217 | |
Poland 0.6% | 5,860,153 | ||||
Republic of Poland | |||||
Bond | 4.875 | 10-04-33 | 3,020,000 | 2,928,361 | |
Bond | 5.500 | 04-04-53 | 3,020,000 | 2,931,792 | |
Qatar 3.4% | 31,341,840 | ||||
State of Qatar | |||||
Bond | 4.500 | 04-23-28 | 11,100,000 | 10,981,807 | |
Bond (A) | 4.817 | 03-14-49 | 10,000,000 | 9,308,520 | |
Bond | 4.817 | 03-14-49 | 7,500,000 | 6,981,390 | |
Bond (A) | 5.103 | 04-23-48 | 4,250,000 | 4,070,123 | |
Romania 2.0% | 18,623,624 | ||||
Government of Romania | |||||
Bond | 3.625 | 03-27-32 | 5,640,000 | 4,721,244 | |
Bond | 6.625 | 02-17-28 | 4,520,000 | 4,662,380 | |
Bond | 7.125 | 01-17-33 | 8,800,000 | 9,240,000 | |
Saudi Arabia 3.8% | 34,514,874 | ||||
Kingdom of Saudi Arabia | |||||
Bond (A) | 2.250 | 02-02-33 | 7,760,000 | 6,148,248 | |
Bond (A) | 5.000 | 01-18-53 | 12,600,000 | 11,170,580 | |
Bond (A) | 5.250 | 01-16-50 | 18,650,000 | 17,196,046 | |
Senegal 0.3% | 2,529,011 | ||||
Republic of Senegal | |||||
Bond (A) | 6.250 | 05-23-33 | 1,600,000 | 1,305,296 | |
Bond | 6.250 | 05-23-33 | 1,500,000 | 1,223,715 | |
Serbia 0.1% | 988,000 | ||||
Republic of Serbia | |||||
Bond (A) | 2.125 | 12-01-30 | 1,300,000 | 988,000 | |
South Africa 1.6% | 14,865,448 | ||||
Republic of South Africa | |||||
Bond | 4.300 | 10-12-28 | 3,300,000 | 2,908,442 | |
Bond | 5.875 | 04-20-32 | 8,000,000 | 7,066,400 | |
Bond | 7.300 | 04-20-52 | 5,800,000 | 4,890,606 | |
South Korea 0.3% | 2,838,184 | ||||
Korea Development Bank | |||||
Bond | 4.250 | 09-08-32 | 3,000,000 | 2,838,184 | |
Sri Lanka 0.4% | 3,410,679 | ||||
Republic of Sri Lanka | |||||
Bond | 6.750 | 04-18-28 | 7,500,000 | 3,410,679 |
14 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Turkey 4.1% | $37,193,159 | ||||
Istanbul Metropolitan Municipality | |||||
Bond (A)(B) | 6.375 | 12-09-25 | 8,150,000 | 7,640,084 | |
Republic of Turkey | |||||
Bond | 4.250 | 04-14-26 | 2,500,000 | 2,301,300 | |
Bond | 5.875 | 06-26-31 | 10,000,000 | 8,570,800 | |
Bond | 5.950 | 01-15-31 | 5,000,000 | 4,329,800 | |
Bond | 6.000 | 01-14-41 | 18,650,000 | 14,351,175 | |
Ukraine 0.8% | 7,595,426 | ||||
Republic of Ukraine | |||||
Bond (A) | 7.253 | 03-15-35 | 22,800,000 | 6,011,676 | |
GDP-Linked Bond (C)* | 7.750 | 05-31-41 | 3,500,000 | 1,583,750 | |
Uzbekistan 0.6% | 5,828,500 | ||||
Republic of Uzbekistan | |||||
Bond (A) | 3.700 | 11-25-30 | 2,700,000 | 2,173,500 | |
Bond (A) | 5.375 | 02-20-29 | 4,000,000 | 3,655,000 | |
Corporate bonds 49.6% | $454,856,526 | ||||
(Cost $552,742,962) | |||||
Austria 0.4% | 3,880,567 | ||||
Klabin Austria GmbH (A) | 7.000 | 04-03-49 | 4,000,000 | 3,880,567 | |
Brazil 3.2% | 29,268,829 | ||||
Globo Comunicacao e Participacoes SA (A) | 4.875 | 01-22-30 | 6,900,000 | 5,850,439 | |
Globo Comunicacao e Participacoes SA (A) | 5.500 | 01-14-32 | 3,000,000 | 2,526,361 | |
MC Brazil Downstream Trading SARL (A) | 7.250 | 06-30-31 | 5,797,510 | 3,884,331 | |
Odebrecht Holdco Finance, Ltd. (A)(D) | 20.077 | 09-10-58 | 1,671,394 | 2,507 | |
Odebrecht Holdco Finance, Ltd. (D) | 20.077 | 09-10-58 | 1,396,835 | 2,095 | |
Odebrecht Oil & Gas Finance, Ltd., Zero Coupon (A)(E) | 0.000 | 10-16-23 | 253,378 | 2,536 | |
OEC Finance, Ltd. (7.500% Cash or 10.500% PIK) (A)(E) | 7.500 | 10-02-23 | 1,778,982 | 144,738 | |
OEC Finance, Ltd. (7.284% Cash or 0.394% PIK) | 7.678 | 12-27-33 | 1,376,165 | 61,927 | |
Petrobras Global Finance BV | 5.600 | 01-03-31 | 7,600,000 | 7,284,112 | |
Petrobras Global Finance BV | 6.850 | 06-05-15 | 10,376,000 | 9,103,163 | |
Vale Overseas, Ltd. | 6.875 | 11-21-36 | 390,000 | 406,620 | |
Chile 2.4% | 22,108,749 | ||||
Colbun SA | 3.950 | 10-11-27 | 4,000,000 | 3,732,724 | |
Corp. Nacional del Cobre de Chile | 4.500 | 08-01-47 | 5,600,000 | 4,492,265 | |
Corp. Nacional del Cobre de Chile (A) | 5.125 | 02-02-33 | 4,800,000 | 4,600,197 | |
Corp. Nacional del Cobre de Chile | 5.125 | 02-02-33 | 2,800,000 | 2,683,288 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Chile (continued) | |||||
Enel Americas SA | 4.000 | 10-25-26 | 4,000,000 | 3,779,920 | |
Sociedad Quimica y Minera de Chile SA (A) | 4.250 | 05-07-29 | 3,000,000 | 2,820,355 | |
China 0.7% | $5,960,370 | ||||
State Grid Overseas Investment 2014, Ltd. | 4.850 | 05-07-44 | 6,235,000 | 5,960,370 | |
Colombia 1.5% | 13,692,742 | ||||
Ecopetrol SA | 5.875 | 05-28-45 | 9,700,000 | 6,837,874 | |
Empresas Publicas de Medellin ESP (A) | 4.250 | 07-18-29 | 2,300,000 | 1,867,307 | |
Grupo Energia Bogota SA ESP (A) | 4.875 | 05-15-30 | 2,200,000 | 2,028,629 | |
Promigas SA ESP (A)(B) | 3.750 | 10-16-29 | 3,500,000 | 2,958,932 | |
Costa Rica 1.0% | 9,191,358 | ||||
Instituto Costarricense de Electricidad | 6.375 | 05-15-43 | 10,980,000 | 9,191,358 | |
Dominican Republic 1.2% | 11,155,000 | ||||
Aeropuertos Dominicanos Siglo XXI SA (A) | 6.750 | 03-30-29 | 4,150,000 | 4,025,500 | |
Aeropuertos Dominicanos Siglo XXI SA | 6.750 | 03-30-29 | 7,350,000 | 7,129,500 | |
Guatemala 0.9% | 8,345,648 | ||||
CT Trust (A) | 5.125 | 02-03-32 | 5,600,000 | 4,611,488 | |
Investment Energy Resources, Ltd. (A) | 6.250 | 04-26-29 | 4,000,000 | 3,734,160 | |
Hong Kong 0.4% | 4,030,531 | ||||
Sinochem Overseas Capital Company, Ltd. | 6.300 | 11-12-40 | 4,000,000 | 4,030,531 | |
India 1.6% | 14,898,611 | ||||
Adani Ports & Special Economic Zone, Ltd. (A) | 3.100 | 02-02-31 | 4,500,000 | 3,100,647 | |
Adani Ports & Special Economic Zone, Ltd. (A) | 4.200 | 08-04-27 | 4,100,000 | 3,433,880 | |
Adani Ports & Special Economic Zone, Ltd. (A) | 4.375 | 07-03-29 | 3,500,000 | 2,787,062 | |
Shriram Finance, Ltd. (A) | 4.400 | 03-13-24 | 5,700,000 | 5,577,022 | |
Indonesia 5.2% | 47,845,463 | ||||
Cikarang Listrindo Tbk PT (A) | 4.950 | 09-14-26 | 7,750,000 | 7,408,141 | |
Pertamina Persero PT (A) | 4.700 | 07-30-49 | 7,000,000 | 5,725,167 | |
Pertamina Persero PT | 6.000 | 05-03-42 | 8,200,000 | 7,903,626 | |
Pertamina Persero PT (A) | 6.000 | 05-03-42 | 14,300,000 | 13,783,152 | |
Pertamina Persero PT (A) | 6.450 | 05-30-44 | 8,500,000 | 8,584,760 |
16 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Indonesia (continued) | |||||
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.875 | 07-17-49 | 5,600,000 | 4,440,617 | |
Luxembourg 3.6% | $32,607,951 | ||||
Foresea Holding SA (A) | 7.500 | 06-15-30 | 164,787 | 150,780 | |
Hidrovias International Finance SARL (A) | 4.950 | 02-08-31 | 6,000,000 | 4,835,556 | |
Kenbourne Invest SA (A) | 4.700 | 01-22-28 | 3,881,000 | 2,381,575 | |
Kenbourne Invest SA (A) | 6.875 | 11-26-24 | 2,485,000 | 2,086,655 | |
Millicom International Cellular SA (A) | 4.500 | 04-27-31 | 758,000 | 598,897 | |
Millicom International Cellular SA (A) | 5.125 | 01-15-28 | 5,220,000 | 4,733,058 | |
Petrorio Luxembourg Trading Sarl (A) | 6.125 | 06-09-26 | 8,750,000 | 8,406,709 | |
Rede D’or Finance Sarl (A) | 4.500 | 01-22-30 | 4,265,000 | 3,665,186 | |
Simpar Europe SA (A) | 5.200 | 01-26-31 | 7,000,000 | 5,749,535 | |
Mauritius 1.5% | 13,343,080 | ||||
HTA Group, Ltd. (A) | 7.000 | 12-18-25 | 4,900,000 | 4,624,032 | |
MTN Mauritius Investments, Ltd. (A) | 4.755 | 11-11-24 | 5,950,000 | 5,780,128 | |
MTN Mauritius Investments, Ltd. | 6.500 | 10-13-26 | 3,000,000 | 2,938,920 | |
Mexico 10.4% | 94,960,231 | ||||
Banco Mercantil del Norte SA (7.500% to 6-27-29, then 10 Year CMT + 5.470%) (A)(E) | 7.500 | 06-27-29 | 2,200,000 | 2,006,968 | |
Banco Mercantil del Norte SA (E) | 7.500 | 06-27-29 | 830,000 | 757,157 | |
BBVA Bancomer SA (8.450% to 6-29-38, then 5 Year CMT + 4.661%) (A) | 8.450 | 06-29-38 | 6,600,000 | 6,602,983 | |
Braskem Idesa SAPI (A) | 6.990 | 02-20-32 | 4,790,000 | 2,868,544 | |
Braskem Idesa SAPI | 6.990 | 02-20-32 | 3,200,000 | 1,919,288 | |
Cemex SAB de CV (A) | 3.875 | 07-11-31 | 7,750,000 | 6,631,456 | |
Credito Real SAB de CV (E)(F) | 9.125 | 11-29-27 | 3,500,000 | 36,750 | |
Credito Real SAB de CV (A)(F) | 9.500 | 02-07-26 | 11,760,000 | 1,264,200 | |
Cydsa SAB de CV (A) | 6.250 | 10-04-27 | 7,600,000 | 7,105,711 | |
Cydsa SAB de CV | 6.250 | 10-04-27 | 943,000 | 881,669 | |
Infraestructura Energetica Nova SAPI de CV (A) | 4.750 | 01-15-51 | 5,700,000 | 4,242,783 | |
Infraestructura Energetica Nova SAPI de CV (A) | 4.875 | 01-14-48 | 2,800,000 | 2,124,552 | |
Metalsa Sapi De CV | 3.750 | 05-04-31 | 9,500,000 | 7,433,555 | |
Mexico City Airport Trust (A) | 5.500 | 10-31-46 | 7,100,000 | 5,927,066 | |
Mexico City Airport Trust (A) | 5.500 | 07-31-47 | 6,900,000 | 5,726,764 | |
Mexico City Airport Trust | 5.500 | 07-31-47 | 4,000,000 | 3,319,863 | |
Petroleos Mexicanos | 6.625 | 06-15-35 | 10,880,000 | 7,505,986 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT |���JOHN HANCOCK EMERGING MARKETS DEBT FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Mexico (continued) | |||||
Petroleos Mexicanos | 7.690 | 01-23-50 | 26,500,000 | 17,730,731 | |
Petroleos Mexicanos (A) | 10.000 | 02-07-33 | 5,000,000 | 4,554,642 | |
Trust Fibra Uno (A) | 6.950 | 01-30-44 | 6,600,000 | 5,744,563 | |
Unifin Financiera SAB de CV (A)(F) | 8.375 | 01-27-28 | 11,500,000 | 575,000 | |
Netherlands 2.5% | $23,241,870 | ||||
Braskem Netherlands Finance BV (A) | 4.500 | 01-10-28 | 11,150,000 | 10,146,731 | |
Metinvest BV | 7.750 | 10-17-29 | 6,500,000 | 3,753,750 | |
Prosus NV (A) | 4.027 | 08-03-50 | 8,870,000 | 5,263,264 | |
VEON Holdings BV (A)(B) | 4.950 | 06-16-24 | 4,350,000 | 4,078,125 | |
Panama 0.8% | 7,476,688 | ||||
AES Panama Generation Holdings SRL (A) | 4.375 | 05-31-30 | 3,468,666 | 2,999,642 | |
Banco General SA (A) | 4.125 | 08-07-27 | 4,750,000 | 4,477,046 | |
Paraguay 0.3% | 2,368,750 | ||||
Telefonica Celular del Paraguay SA (A) | 5.875 | 04-15-27 | 2,500,000 | 2,368,750 | |
Peru 3.9% | 36,070,088 | ||||
Atlantica Transmision Sur SA (A) | 6.875 | 04-30-43 | 5,828,125 | 5,669,017 | |
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 | 2,242,516 | |
Cia de Minas Buenaventura SAA (A) | 5.500 | 07-23-26 | 4,000,000 | 3,524,664 | |
Consorcio Transmantaro SA (A) | 5.200 | 04-11-38 | 5,000,000 | 4,615,829 | |
InRetail Consumer (A) | 3.250 | 03-22-28 | 6,000,000 | 5,195,831 | |
Kallpa Generacion SA (A) | 4.875 | 05-24-26 | 2,890,000 | 2,774,400 | |
Petroleos del Peru SA (A) | 5.625 | 06-19-47 | 9,180,000 | 5,874,444 | |
Petroleos del Peru SA | 5.625 | 06-19-47 | 3,600,000 | 2,304,553 | |
Volcan Cia Minera SAA (A) | 4.375 | 02-11-26 | 6,000,000 | 3,868,834 | |
Singapore 1.9% | 17,381,503 | ||||
LLPL Capital Pte, Ltd. (A) | 6.875 | 02-04-39 | 5,792,523 | 5,108,985 | |
Medco Bell Pte, Ltd. (A) | 6.375 | 01-30-27 | 6,800,000 | 6,316,910 | |
Medco Oak Tree Pte, Ltd. (A) | 7.375 | 05-14-26 | 6,100,000 | 5,955,608 | |
South Africa 0.5% | 4,646,534 | ||||
Eskom Holdings SOC Ltd. | 8.450 | 08-10-28 | 4,800,000 | 4,646,534 | |
Thailand 0.8% | 7,773,297 | ||||
GC Treasury Center Company, Ltd. (A) | 5.200 | 03-30-52 | 3,000,000 | 2,314,378 | |
PTTEP Treasury Center Company, Ltd. (A)(B) | 6.350 | 06-12-42 | 2,600,000 | 2,663,674 |
18 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Thailand (continued) | |||||
Thaioil Treasury Center Company, Ltd. (A) | 3.750 | 06-18-50 | 2,000,000 | 1,276,702 | |
Thaioil Treasury Center Company, Ltd. (A) | 5.375 | 11-20-48 | 1,800,000 | 1,518,543 | |
Togo 0.4% | $3,774,750 | ||||
Banque Ouest Africaine de Developpement (A) | 5.000 | 07-27-27 | 4,200,000 | 3,774,750 | |
United Kingdom 2.7% | 24,346,648 | ||||
European Bank For Reconstruction & Development | 5.000 | 01-27-25 | BRL | 47,000,000 | 8,953,827 |
IHS Holding, Ltd. (A) | 6.250 | 11-29-28 | 5,800,000 | 4,668,420 | |
Liquid Telecommunications Financing PLC (A) | 5.500 | 09-04-26 | 6,000,000 | 3,720,360 | |
MARB BondCo PLC (A) | 3.950 | 01-29-31 | 9,000,000 | 7,004,041 | |
United States 1.8% | 16,487,268 | ||||
ATP Tower Holdings LLC (A) | 4.050 | 04-27-26 | 2,000,000 | 1,750,000 | |
JBS USA LUX SA | 3.625 | 01-15-32 | 5,000,000 | 4,103,410 | |
Kosmos Energy, Ltd. (A) | 7.750 | 05-01-27 | 3,200,000 | 2,870,411 | |
Sasol Financing USA LLC | 5.500 | 03-18-31 | 9,700,000 | 7,763,447 | |
Shares | Value | ||||
Common stocks 0.1% | $893,688 | ||||
(Cost $6,135,042) | |||||
Canada 0.1% | 477,142 | ||||
Frontera Energy Corp. (C) | 62,290 | 477,142 | |||
Luxembourg 0.0% | 416,546 | ||||
Drillco Holdings SA, Class B (A)(C) | 1,602 | 41,652 | |||
Drillco Holdings SA, Class C (A)(C) | 14,419 | 374,894 | |||
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 1.9% | $17,548,747 | ||||
(Cost $17,547,611) | |||||
U.S. Government Agency 1.3% | 11,762,000 | ||||
Federal Agricultural Mortgage Corp. Discount Note | 5.170 | 09-01-23 | 4,834,000 | 4,834,000 | |
Federal Home Loan Bank Discount Note | 5.198 | 09-01-23 | 6,928,000 | 6,928,000 |
Yield (%) | Shares | Value | |||
Short-term funds 0.6% | 5,786,747 | ||||
John Hancock Collateral Trust (G) | 5.4789(H) | 578,871 | 5,786,747 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 19 |
Total investments (Cost $1,109,596,042) 99.1% | $908,510,063 | ||||
Other assets and liabilities, net 0.9% | 8,015,438 | ||||
Total net assets 100.0% | $916,525,501 |
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 |
IDR | Indonesian Rupiah |
INR | Indian Rupee |
MXN | Mexican Peso |
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 $478,608,586 or 52.2% of the fund’s net assets as of 8-31-23. |
(B) | All or a portion of this security is on loan as of 8-31-23. |
(C) | Non-income producing security. |
(D) | 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. |
(E) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(F) | Non-income producing - Issuer is in default. |
(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 8-31-23. |
* | 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. |
20 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
10-Year U.S. Treasury Note Futures | 685 | Long | Dec 2023 | $75,394,093 | $76,045,703 | $651,610 |
$651,610 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 21 |
Assets | |
Unaffiliated investments, at value (Cost $1,103,810,431) including $5,707,451 of securities loaned | $902,723,316 |
Affiliated investments, at value (Cost $5,785,611) | 5,786,747 |
Total investments, at value (Cost $1,109,596,042) | 908,510,063 |
Receivable for futures variation margin | 139,141 |
Cash | 675,946 |
Foreign currency, at value (Cost $131) | 129 |
Collateral held at broker for futures contracts | 2,135,000 |
Interest receivable | 13,300,236 |
Receivable for fund shares sold | 56,169 |
Receivable for securities lending income | 17,574 |
Other assets | 90,186 |
Total assets | 924,924,444 |
Liabilities | |
Distributions payable | 75,742 |
Payable for fund shares repurchased | 2,352,604 |
Payable upon return of securities loaned | 5,825,157 |
Payable to affiliates | |
Accounting and legal services fees | 46,871 |
Transfer agent fees | 2,906 |
Trustees’ fees | 63 |
Other liabilities and accrued expenses | 95,600 |
Total liabilities | 8,398,943 |
Net assets | $916,525,501 |
Net assets consist of | |
Paid-in capital | $1,202,509,463 |
Total distributable earnings (loss) | (285,983,962) |
Net assets | $916,525,501 |
22 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Net asset value per share | |
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
Class A ($1,662,552 ÷ 228,337 shares)1 | $7.28 |
Class C ($288,935 ÷ 39,760 shares)1 | $7.27 |
Class I ($30,825,954 ÷ 4,232,296 shares) | $7.28 |
Class R2 ($36,997 ÷ 5,087 shares) | $7.27 |
Class R6 ($1,878,896 ÷ 258,192 shares) | $7.28 |
Class NAV ($881,832,167 ÷ 121,231,745 shares) | $7.27 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $7.58 |
1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
2 | On single retail sales of less than $100,000. On sales of $100,000 or more and on group sales the offering price is reduced. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 23 |
Investment income | |
Interest | $60,484,793 |
Securities lending | 135,638 |
Less foreign taxes withheld | (124,917) |
Total investment income | 60,495,514 |
Expenses | |
Investment management fees | 6,355,520 |
Distribution and service fees | 8,456 |
Accounting and legal services fees | 187,036 |
Transfer agent fees | 28,633 |
Trustees’ fees | 22,415 |
Custodian fees | 201,947 |
State registration fees | 111,515 |
Printing and postage | 18,114 |
Professional fees | 163,325 |
Other | 51,129 |
Total expenses | 7,148,090 |
Less expense reductions | (65,137) |
Net expenses | 7,082,953 |
Net investment income | 53,412,561 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | (25,931,074) |
Affiliated investments | (6,099) |
Futures contracts | (1,139,829) |
Forward foreign currency contracts | (2,555,800) |
(29,632,802) | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | 35,118,376 |
Affiliated investments | 4,470 |
Futures contracts | 651,610 |
Forward foreign currency contracts | (35,771) |
35,738,685 | |
Net realized and unrealized gain | 6,105,883 |
Increase in net assets from operations | $59,518,444 |
24 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Year ended 8-31-23 | Year ended 8-31-22 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $53,412,561 | $56,619,608 |
Net realized loss | (29,632,802) | (11,417,710) |
Change in net unrealized appreciation (depreciation) | 35,738,685 | (273,093,033) |
Increase (decrease) in net assets resulting from operations | 59,518,444 | (227,891,135) |
Distributions to shareholders | ||
From earnings | ||
Class A | (99,714) | (93,335) |
Class C | (14,111) | (13,814) |
Class I | (1,325,101) | (978,473) |
Class R2 | (2,120) | (2,108) |
Class R6 | (111,660) | (107,991) |
Class NAV | (53,191,981) | (54,239,103) |
Total distributions | (54,744,687) | (55,434,824) |
From fund share transactions | (22,170,353) | 19,049,779 |
Total decrease | (17,396,596) | (264,276,180) |
Net assets | ||
Beginning of year | 933,922,097 | 1,198,198,277 |
End of year | $916,525,501 | $933,922,097 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 25 |
CLASS A SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $7.24 | $9.45 | $9.21 | $9.33 | $8.86 |
Net investment income1 | 0.38 | 0.41 | 0.37 | 0.41 | 0.43 |
Net realized and unrealized gain (loss) on investments | 0.06 | (2.22) | 0.23 | (0.11) | 0.48 |
Total from investment operations | 0.44 | (1.81) | 0.60 | 0.30 | 0.91 |
Less distributions | |||||
From net investment income | (0.40) | (0.40) | (0.36) | (0.36) | (0.44) |
From tax return of capital | — | — | — | (0.06) | — |
Total distributions | (0.40) | (0.40) | (0.36) | (0.42) | (0.44) |
Net asset value, end of period | $7.28 | $7.24 | $9.45 | $9.21 | $9.33 |
Total return (%)2,3 | 6.37 | (19.55) | 6.61 | 3.36 | 10.52 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $2 | $2 | $3 | $2 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.20 | 1.18 | 1.17 | 1.20 | 1.19 |
Expenses including reductions | 1.19 | 1.17 | 1.17 | 1.19 | 1.18 |
Net investment income | 5.27 | 4.87 | 4.01 | 4.54 | 4.78 |
Portfolio turnover (%) | 22 | 9 | 18 | 24 | 7 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
26 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS C SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $7.24 | $9.44 | $9.20 | $9.32 | $8.85 |
Net investment income1 | 0.34 | 0.35 | 0.31 | 0.35 | 0.37 |
Net realized and unrealized gain (loss) on investments | 0.05 | (2.21) | 0.22 | (0.12) | 0.48 |
Total from investment operations | 0.39 | (1.86) | 0.53 | 0.23 | 0.85 |
Less distributions | |||||
From net investment income | (0.36) | (0.34) | (0.29) | (0.30) | (0.38) |
From tax return of capital | — | — | — | (0.05) | — |
Total distributions | (0.36) | (0.34) | (0.29) | (0.35) | (0.38) |
Net asset value, end of period | $7.27 | $7.24 | $9.44 | $9.20 | $9.32 |
Total return (%)2,3 | 5.50 | (20.04) | 5.87 | 2.65 | 9.76 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—4 | $—4 | $—4 | $1 | $1 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.90 | 1.88 | 1.87 | 1.90 | 1.89 |
Expenses including reductions | 1.89 | 1.87 | 1.87 | 1.89 | 1.88 |
Net investment income | 4.78 | 4.17 | 3.32 | 3.85 | 4.09 |
Portfolio turnover (%) | 22 | 9 | 18 | 24 | 7 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
4 | Less than $500,000. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 27 |
CLASS I SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $7.25 | $9.46 | $9.22 | $9.34 | $8.86 |
Net investment income1 | 0.41 | 0.43 | 0.41 | 0.44 | 0.46 |
Net realized and unrealized gain (loss) on investments | 0.05 | (2.22) | 0.21 | (0.12) | 0.49 |
Total from investment operations | 0.46 | (1.79) | 0.62 | 0.32 | 0.95 |
Less distributions | |||||
From net investment income | (0.43) | (0.42) | (0.38) | (0.38) | (0.47) |
From tax return of capital | — | — | — | (0.06) | — |
Total distributions | (0.43) | (0.42) | (0.38) | (0.44) | (0.47) |
Net asset value, end of period | $7.28 | $7.25 | $9.46 | $9.22 | $9.34 |
Total return (%)2 | 6.53 | (19.30) | 6.91 | 3.67 | 10.95 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $31 | $19 | $18 | $14 | $15 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.90 | 0.88 | 0.87 | 0.90 | 0.90 |
Expenses including reductions | 0.89 | 0.87 | 0.87 | 0.89 | 0.89 |
Net investment income | 5.73 | 5.21 | 4.36 | 4.83 | 5.06 |
Portfolio turnover (%) | 22 | 9 | 18 | 24 | 7 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
28 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R2 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $7.24 | $9.45 | $9.21 | $9.32 | $8.85 |
Net investment income1 | 0.41 | 0.42 | 0.38 | 0.42 | 0.44 |
Net realized and unrealized gain (loss) on investments | 0.04 | (2.22) | 0.22 | (0.11) | 0.48 |
Total from investment operations | 0.45 | (1.80) | 0.60 | 0.31 | 0.92 |
Less distributions | |||||
From net investment income | (0.42) | (0.41) | (0.36) | (0.36) | (0.45) |
From tax return of capital | — | — | — | (0.06) | — |
Total distributions | (0.42) | (0.41) | (0.36) | (0.42) | (0.45) |
Net asset value, end of period | $7.27 | $7.24 | $9.45 | $9.21 | $9.32 |
Total return (%)2 | 6.40 | (19.32) | 6.52 | 3.49 | 10.62 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—3 | $—3 | $—3 | $—3 | $—3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.05 | 1.02 | 1.15 | 1.18 | 1.12 |
Expenses including reductions | 1.04 | 1.01 | 1.15 | 1.17 | 1.11 |
Net investment income | 5.66 | 5.06 | 4.04 | 4.60 | 4.85 |
Portfolio turnover (%) | 22 | 9 | 18 | 24 | 7 |
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 | Less than $500,000. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 29 |
CLASS R6 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $7.25 | $9.44 | $9.21 | $9.33 | $8.85 |
Net investment income1 | 0.42 | 0.44 | 0.41 | 0.45 | 0.48 |
Net realized and unrealized gain (loss) on investments | 0.04 | (2.20) | 0.21 | (0.12) | 0.47 |
Total from investment operations | 0.46 | (1.76) | 0.62 | 0.33 | 0.95 |
Less distributions | |||||
From net investment income | (0.43) | (0.43) | (0.39) | (0.39) | (0.47) |
From tax return of capital | — | — | — | (0.06) | — |
Total distributions | (0.43) | (0.43) | (0.39) | (0.45) | (0.47) |
Net asset value, end of period | $7.28 | $7.25 | $9.44 | $9.21 | $9.33 |
Total return (%)2 | 6.66 | (19.04) | 6.92 | 3.79 | 11.05 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $2 | $3 | $4 | $3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.79 | 0.77 | 0.77 | 0.78 | 0.79 |
Expenses including reductions | 0.79 | 0.76 | 0.76 | 0.78 | 0.78 |
Net investment income | 5.91 | 5.28 | 4.44 | 4.96 | 5.22 |
Portfolio turnover (%) | 22 | 9 | 18 | 24 | 7 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
30 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $7.24 | $9.44 | $9.21 | $9.33 | $8.85 |
Net investment income1 | 0.42 | 0.44 | 0.42 | 0.45 | 0.47 |
Net realized and unrealized gain (loss) on investments | 0.05 | (2.21) | 0.20 | (0.11) | 0.49 |
Total from investment operations | 0.47 | (1.77) | 0.62 | 0.34 | 0.96 |
Less distributions | |||||
From net investment income | (0.44) | (0.43) | (0.39) | (0.40) | (0.48) |
From tax return of capital | — | — | — | (0.06) | — |
Total distributions | (0.44) | (0.43) | (0.39) | (0.46) | (0.48) |
Net asset value, end of period | $7.27 | $7.24 | $9.44 | $9.21 | $9.33 |
Total return (%)2 | 6.68 | (19.14) | 6.93 | 3.80 | 11.10 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $882 | $911 | $1,175 | $1,014 | $1,069 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.79 | 0.76 | 0.76 | 0.77 | 0.77 |
Expenses including reductions | 0.78 | 0.75 | 0.75 | 0.76 | 0.77 |
Net investment income | 5.91 | 5.31 | 4.49 | 4.97 | 5.21 |
Portfolio turnover (%) | 22 | 9 | 18 | 24 | 7 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 31 |
32 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
Total value at 8-31-23 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Foreign government obligations | $435,211,102 | — | $435,211,102 | — |
Corporate bonds | 454,856,526 | — | 454,856,526 | — |
Common stocks | 893,688 | $477,142 | 416,546 | — |
Short-term investments | 17,548,747 | 5,786,747 | 11,762,000 | — |
Total investments in securities | $908,510,063 | $6,263,889 | $902,246,174 | — |
Derivatives: | ||||
Assets | ||||
Futures | $651,610 | $651,610 | — | — |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 33 |
34 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
August 31, 2023 | August 31, 2022 | |
Ordinary income | $54,744,687 | $55,434,824 |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 35 |
36 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
Risk | Statement of assets and liabilities location | Financial instruments location | Assets derivatives fair value | Liabilities derivatives fair value |
Interest rate | Receivable/payable for futures variation margin1 | Futures | $651,610 | — |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the year end variation margin receivable/payable is separately reported on the Statement of assets and liabilities. |
Statement of operations location - Net realized gain (loss) on: | |||
Risk | Futures contracts | Forward foreign currency contracts | Total |
Interest rate | $(1,139,829) | — | $(1,139,829) |
Currency | — | $(2,555,800) | (2,555,800) |
Total | $(1,139,829) | $(2,555,800) | $(3,695,629) |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 37 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |||
Risk | Futures contracts | Forward foreign currency contracts | Total |
Interest rate | $651,610 | — | $651,610 |
Currency | — | $(35,771) | (35,771) |
Total | $651,610 | $(35,771) | $615,839 |
38 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $129 |
Class C | 20 |
Class I | 1,612 |
Class R2 | 3 |
Class | Expense reduction |
Class R6 | $133 |
Class NAV | 63,240 |
Total | $65,137 |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.30% | — |
Class C | 1.00% | — |
Class R2 | 0.25% | 0.25% |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 39 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $5,509 | $2,116 |
Class C | 2,855 | 329 |
Class I | — | 26,045 |
Class R2 | 92 | 3 |
Class R6 | — | 140 |
Total | $8,456 | $28,633 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $6,450,000 | 2 | 5.401% | $1,935 |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 2,793,871 | $20,465,377 | 411,743 | $3,459,249 |
Distributions reinvested | 13,426 | 96,444 | 11,196 | 91,480 |
Repurchased | (2,797,582) | (20,523,474) | (450,053) | (3,773,456) |
Net increase (decrease) | 9,715 | $38,347 | (27,114) | $(222,727) |
Class C shares | ||||
Sold | 14,716 | $104,770 | 2,628 | $23,499 |
Distributions reinvested | 1,961 | 14,067 | 1,681 | 13,722 |
Repurchased | (14,900) | (107,973) | (10,099) | (85,390) |
Net increase (decrease) | 1,777 | $10,864 | (5,790) | $(48,169) |
40 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class I shares | ||||
Sold | 7,911,995 | $56,440,767 | 3,798,726 | $31,015,064 |
Distributions reinvested | 84,482 | 607,758 | 63,916 | 522,360 |
Repurchased | (6,345,878) | (45,410,011) | (3,174,737) | (25,504,273) |
Net increase | 1,650,599 | $11,638,514 | 687,905 | $6,033,151 |
Class R2 shares | ||||
Sold | — | — | 1 | $9 |
Repurchased | — | — | (2) | (16) |
Net decrease | — | — | (1) | $(7) |
Class R6 shares | ||||
Sold | 67,416 | $483,764 | 94,851 | $787,917 |
Distributions reinvested | 15,238 | 109,401 | 13,121 | 107,404 |
Repurchased | (84,598) | (611,037) | (143,587) | (1,284,479) |
Net decrease | (1,944) | $(17,872) | (35,615) | $(389,158) |
Class NAV shares | ||||
Sold | 3,068,931 | $21,950,559 | 4,787,248 | $39,380,209 |
Distributions reinvested | 7,411,620 | 53,191,981 | 6,657,118 | 54,239,103 |
Repurchased | (15,087,526) | (108,982,746) | (9,996,975) | (79,942,623) |
Net increase (decrease) | (4,606,975) | $(33,840,206) | 1,447,391 | $13,676,689 |
Total net increase (decrease) | (2,946,828) | $(22,170,353) | 2,066,776 | $19,049,779 |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Debt Fund | 41 |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 30.1% |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 18.1% |
John Hancock Funds II Multimanager Lifestyle Conservative Portfolio | 13.3% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 12.7% |
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* | 578,871 | $19,322,766 | $30,691,490 | $(44,225,880) | $(6,099) | $4,470 | $135,638 | — | $5,786,747 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
42 | JOHN HANCOCK Emerging Markets Debt Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 43 |
44 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 45 |
(a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
(b) | the background, qualifications and skills of the Advisor’s personnel; |
(c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
(d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
(e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; |
46 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
(a) | reviewed information prepared by management regarding the fund’s performance; |
(b) | considered the comparative performance of an applicable benchmark index; |
(c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
(d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 47 |
(a) | reviewed financial information of the Advisor; |
(b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
(c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
(d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
(e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
(f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
(g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
(h) | noted that the fund’s Subadvisor is an affiliate of the Advisor |
(i) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
(j) | noted that the subadvisory fee for the fund is paid by the Advisor; |
(k) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
(l) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
48 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
(a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
(b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
(c) | the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale |
(1) | information relating to the Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex); |
(2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and |
(3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third-party provider of fund data. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 49 |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the benchmark index; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
50 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 51 |
• | The Fund did not experience any breaches of the 15% limit on illiquid investments, or any applicable HLIM, that would require reporting to the Securities and Exchange Commission; |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
52 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan,2 Born: 1945 | 2005 | 186 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 183 |
Trustee | ||
Board Member, United of Omaha Life Insurance Company (since 2022). Board Member, Mutual of Omaha Investor Services, Inc. (since 2022). Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
William H. Cunningham,3 Born: 1944 | 2012 | 184 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 183 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). Trustee of various trusts within the John Hancock Fund Complex (since 2022). | ||
Grace K. Fey, Born: 1946 | 2008 | 186 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Dean C. Garfield,* Born: 1968 | 2022 | 183 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 53 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Deborah C. Jackson, Born: 1952 | 2012 | 185 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 183 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,3 Born: 1960 | 2020 | 183 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). | ||
Gregory A. Russo, Born: 1949 | 2012 | 183 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
54 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Non-Independent Trustees4 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 184 |
Non-Independent Trustee | ||
Global Head of Retail for Manulife (since 2022); Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (2018-2023); Director and Chairman, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Chairman, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); Director and Chairman, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (2007-2023, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Paul Lorentz,† Born: 1968 | 2022 | 183 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Kristie M. Feinberg, Born: 1975 | 2023 |
President | |
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2023); CFO and Global Head of Strategy, Manulife Investment Management (2021-2023, including prior positions); CFO Americas & Global Head of Treasury, Invesco, Ltd., Invesco US (2019-2020, including prior positions); Senior Vice President, Corporate Treasurer and Business Controller, Oppenheimer Funds (2001-2019, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2023). | |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 55 |
Principal officers who are not Trustees (continued) | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is duly elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee as of September 26, 2023. |
3 | Member of the Audit Committee. |
4 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
56 | JOHN HANCOCK EMERGING MARKETS DEBT FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Deborah C. Jackson
Patricia Lizarraga*,^,§
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Roberto Sanchez-Dahl, CFA
Elina Theodorakopoulou
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 |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS DEBT FUND | 57 |
GOVERNANCE FUNDS
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MF3099557 | 358A 8/23 |
United States and Europe
Manulife Investment Management
John Hancock Investment Management
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 1 |
2 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2023 (% of total investments) | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 4.2 |
Tencent Holdings, Ltd. | 2.9 |
Samsung Electronics Company, Ltd. | 2.2 |
Alibaba Group Holding, Ltd. | 1.5 |
Infosys, Ltd. | 0.7 |
SK Hynix, Inc. | 0.7 |
Samsung Electronics Company, Ltd., GDR | 0.6 |
China Construction Bank Corp., H Shares | 0.6 |
Petroleo Brasileiro SA | 0.6 |
HDFC Bank, Ltd. | 0.6 |
TOTAL | 14.6 |
Cash and cash equivalents are not included. |
TOP 10 COUNTRIES AS OF 8/31/2023 (% of total investments) | |
China | 22.2 |
India | 16.8 |
Taiwan | 16.2 |
South Korea | 12.6 |
Brazil | 5.0 |
Saudi Arabia | 3.6 |
Mexico | 3.2 |
South Africa | 2.9 |
Hong Kong | 2.8 |
Thailand | 2.3 |
TOTAL | 87.6 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A | 0.49 | 0.38 | 2.37 | 1.91 | 26.42 |
Class C1 | 4.14 | 0.73 | 2.27 | 3.68 | 25.15 |
Class I2 | 6.07 | 1.74 | 3.20 | 8.98 | 37.05 |
Class R62 | 6.30 | 1.86 | 3.31 | 9.67 | 38.50 |
Class NAV2 | 6.21 | 1.86 | 3.33 | 9.63 | 38.78 |
Index† | 1.25 | 0.98 | 2.99 | 5.00 | 34.26 |
Class A | Class C | Class I | Class R6 | Class NAV | |
Gross (%) | 1.49 | 2.19 | 1.19 | 1.08 | 1.07 |
Net (%) | 1.48 | 2.18 | 1.18 | 1.07 | 1.06 |
6 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 8-31-13 | 12,515 | 12,515 | 13,426 |
Class I2 | 8-31-13 | 13,705 | 13,705 | 13,426 |
Class R62 | 8-31-13 | 13,850 | 13,850 | 13,426 |
Class NAV2 | 8-31-13 | 13,878 | 13,878 | 13,426 |
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. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 7 |
8 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
Account value on 3-1-2023 | Ending value on 8-31-2023 | Expenses paid during period ended 8-31-20231 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,048.90 | $7.39 | 1.43% |
Hypothetical example | 1,000.00 | 1,018.00 | 7.27 | 1.43% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,045.80 | 10.98 | 2.13% |
Hypothetical example | 1,000.00 | 1,014.50 | 10.82 | 2.13% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,050.90 | 5.84 | 1.13% |
Hypothetical example | 1,000.00 | 1,019.50 | 5.75 | 1.13% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,052.00 | 5.28 | 1.02% |
Hypothetical example | 1,000.00 | 1,020.10 | 5.19 | 1.02% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 1,050.90 | 5.22 | 1.01% |
Hypothetical example | 1,000.00 | 1,020.10 | 5.14 | 1.01% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 9 |
Shares | Value | % of Net Assets | ||||
Common stocks 98.9% | $174,665,120 | |||||
(Cost $162,078,100) | ||||||
Australia 0.0% | 58,402 | 0.0% | ||||
Belgium 0.0% | 47,059 | 0.0% | ||||
Brazil 3.9% | 6,928,743 | 3.9% | ||||
Petroleo Brasileiro SA | 120,644 | 841,479 | 0.5% | |||
Vale SA | 59,953 | 787,904 | 0.5% | |||
OTHER SECURITIES | 5,299,360 | 2.9% | ||||
Canada 0.0% | 43,528 | 0.0% | ||||
Chile 0.7% | 1,192,727 | 0.7% | ||||
China 22.3% | 39,408,439 | 22.3% | ||||
Alibaba Group Holding, Ltd. (A) | 228,300 | 2,649,683 | 1.5% | |||
Aowei Holdings, Ltd. (A) | 9,116,000 | 709,035 | 0.4% | |||
Bank of China, Ltd., H Shares | 1,491,075 | 505,351 | 0.3% | |||
BYD Company, Ltd., H Shares | 12,500 | 392,633 | 0.2% | |||
China Construction Bank Corp., H Shares | 1,815,000 | 971,117 | 0.6% | |||
China Merchants Bank Company, Ltd., H Shares | 108,961 | 431,466 | 0.3% | |||
China Petroleum & Chemical Corp., H Shares | 600,000 | 350,824 | 0.2% | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 1,100,000 | 504,325 | 0.3% | |||
JD.com, Inc., ADR | 581 | 19,295 | 0.0% | |||
JD.com, Inc., Class A | 23,188 | 385,109 | 0.2% | |||
NetEase, Inc. | 40,400 | 836,986 | 0.5% | |||
PetroChina Company, Ltd., H Shares | 686,000 | 494,857 | 0.3% | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 115,000 | 688,522 | 0.4% | |||
Tencent Holdings, Ltd. | 122,300 | 5,068,157 | 2.9% | |||
Yum China Holdings, Inc. | 2,500 | 132,897 | 0.1% | |||
Yum China Holdings, Inc. (New York Stock Exchange) | 3,785 | 203,217 | 0.1% | |||
OTHER SECURITIES | 25,064,965 | 14.0% | ||||
Colombia 0.1% | 223,725 | 0.1% | ||||
Cyprus 0.0% | 16,742 | 0.0% |
10 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | % of Net Assets | ||||
Czech Republic 0.1% | $181,071 | 0.1% | ||||
Egypt 0.0% | 31,085 | 0.0% | ||||
Greece 0.5% | 867,378 | 0.5% | ||||
Hong Kong 2.8% | 4,982,641 | 2.8% | ||||
China Resources Land, Ltd. | 88,444 | 373,826 | 0.2% | |||
OTHER SECURITIES | 4,608,815 | 2.6% | ||||
Hungary 0.2% | 323,953 | 0.2% | ||||
India 16.9% | 29,857,442 | 16.9% | ||||
Axis Bank, Ltd. | 46,026 | 539,630 | 0.3% | |||
Bharti Airtel, Ltd. | 55,404 | 573,260 | 0.3% | |||
HDFC Bank, Ltd. | 50,990 | 968,956 | 0.6% | |||
ICICI Bank, Ltd. | 68,453 | 791,124 | 0.5% | |||
ICICI Bank, Ltd., ADR | 1,674 | 38,787 | 0.0% | |||
Infosys, Ltd. | 73,259 | 1,270,445 | 0.7% | |||
ITC, Ltd. | 75,338 | 399,739 | 0.2% | |||
Larsen & Toubro, Ltd. | 9,733 | 319,124 | 0.2% | |||
Mahindra & Mahindra, Ltd. | 16,748 | 318,906 | 0.2% | |||
Reliance Industries, Ltd. | 30,170 | 876,834 | 0.5% | |||
Tata Consultancy Services, Ltd. | 13,739 | 557,179 | 0.3% | |||
Tata Steel, Ltd. | 234,691 | 350,033 | 0.2% | |||
OTHER SECURITIES | 22,853,425 | 12.9% | ||||
Indonesia 2.2% | 3,810,082 | 2.2% | ||||
Bank Central Asia Tbk PT | 665,100 | 400,394 | 0.3% | |||
OTHER SECURITIES | 3,409,688 | 1.9% | ||||
Ireland 0.0% | 72,347 | 0.0% | ||||
Kuwait 0.5% | 936,409 | 0.5% | ||||
Malaysia 1.8% | 3,115,229 | 1.8% | ||||
Mexico 3.2% | 5,599,044 | 3.2% | ||||
America Movil SAB de CV (A) | 555,772 | 534,569 | 0.3% | |||
Grupo Financiero Banorte SAB de CV, Series O | 40,737 | 345,788 | 0.2% | |||
Grupo KUO SAB de CV, Series B | 136,788 | 320,821 | 0.2% | |||
Organizacion Soriana SAB de CV, Series B (A) | 386,061 | 661,153 | 0.4% | |||
OTHER SECURITIES | 3,736,713 | 2.1% | ||||
Netherlands 0.0% | 57,281 | 0.0% | ||||
Panama 0.0% | 1,182 | 0.0% | ||||
Peru 0.1% | 105,342 | 0.1% | ||||
Philippines 0.9% | 1,582,976 | 0.9% |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 11 |
Shares | Value | % of Net Assets | ||||
Poland 1.0% | $1,736,638 | 1.0% | ||||
Qatar 0.9% | 1,501,169 | 0.9% | ||||
Qatar National Bank QPSC | 99,106 | 424,560 | 0.3% | |||
OTHER SECURITIES | 1,076,609 | 0.6% | ||||
Russia 0.0% | 32,146 | 0.0% | ||||
Saudi Arabia 3.6% | 6,337,792 | 3.6% | ||||
Al Rajhi Bank | 24,548 | 471,918 | 0.3% | |||
Saudi Arabian Oil Company (B) | 35,352 | 329,189 | 0.2% | |||
Saudi Basic Industries Corp. | 16,613 | 391,255 | 0.2% | |||
Saudi Telecom Company | 31,225 | 331,341 | 0.2% | |||
OTHER SECURITIES | 4,814,089 | 2.7% | ||||
Singapore 0.1% | 75,754 | 0.1% | ||||
South Africa 2.9% | 5,163,473 | 2.9% | ||||
Gold Fields, Ltd., ADR | 25,603 | 323,366 | 0.2% | |||
OTHER SECURITIES | 4,840,107 | 2.7% | ||||
South Korea 12.7% | 22,390,953 | 12.7% | ||||
Ecopro Company, Ltd. | 338 | 320,650 | 0.2% | |||
Hyundai Motor Company | 2,796 | 399,504 | 0.3% | |||
KB Financial Group, Inc. | 10,019 | 408,136 | 0.3% | |||
Kia Corp. | 8,457 | 512,613 | 0.3% | |||
Samsung Electronics Company, Ltd. | 75,696 | 3,828,420 | 2.2% | |||
Samsung Electronics Company, Ltd., GDR | 794 | 1,000,748 | 0.6% | |||
SK Hynix, Inc. | 13,144 | 1,208,593 | 0.7% | |||
OTHER SECURITIES | 14,712,289 | 8.1% | ||||
Spain 0.0% | 16,362 | 0.0% | ||||
Taiwan 16.3% | 28,799,297 | 16.3% | ||||
Hon Hai Precision Industry Company, Ltd. | 242,352 | 809,152 | 0.5% | |||
MediaTek, Inc. | 32,000 | 705,711 | 0.4% | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 431,000 | 7,405,856 | 4.2% | |||
United Microelectronics Corp. | 251,468 | 359,033 | 0.2% | |||
OTHER SECURITIES | 19,519,545 | 11.0% | ||||
Thailand 2.3% | 4,050,836 | 2.3% | ||||
Turkey 1.1% | 1,896,983 | 1.1% | ||||
United Arab Emirates 1.7% | 2,965,725 | 1.7% | ||||
Emirates Telecommunications Group Company PJSC | 59,004 | 318,635 | 0.2% | |||
OTHER SECURITIES | 2,647,090 | 1.5% |
12 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | % of Net Assets | ||||
United Kingdom 0.0% | $27,490 | 0.0% | ||||
United States 0.1% | 227,675 | 0.1% | ||||
Preferred securities 1.2% | $2,088,595 | |||||
(Cost $1,431,750) | ||||||
Brazil 1.1% | 1,885,594 | 1.1% | ||||
Petroleo Brasileiro SA | 150,238 | 969,013 | 0.6% | |||
OTHER SECURITIES | 916,581 | 0.5% | ||||
Chile 0.1% | 141,079 | 0.1% | ||||
Colombia 0.0% | 49,988 | 0.0% | ||||
India 0.0% | 4,815 | 0.0% | ||||
Philippines 0.0% | 7,119 | 0.0% | ||||
Rights 0.0% | $5,701 | |||||
(Cost $3,528) | ||||||
Warrants 0.0% | $49 | |||||
(Cost $0) |
Yield (%) | Shares | Value | % of Net Assets | |||
Short-term investments 0.1% | $165,600 | |||||
(Cost $165,594) | ||||||
Short-term funds 0.1% | 165,600 | 0.1% | ||||
John Hancock Collateral Trust (C) | 5.4789 (D) | 16,566 | 165,600 | 0.1% |
Total investments (Cost $163,678,972) 100.2% | $176,925,065 | 100.2% | |||
Other assets and liabilities, net (0.2%) | (328,031) | (0.2)% | |||
Total net assets 100.0% | $176,597,034 | 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 |
GDR | Global 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) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 8-31-23. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 13 |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P 500 E-Mini Index Futures | 3 | Long | Sep 2023 | $679,732 | $677,400 | $(2,332) |
$(2,332) |
14 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $163,513,378) including $158,742 of securities loaned | $176,759,465 |
Affiliated investments, at value (Cost $165,594) | 165,600 |
Total investments, at value (Cost $163,678,972) | 176,925,065 |
Foreign currency, at value (Cost $397,322) | 397,190 |
Collateral held at broker for futures contracts | 33,600 |
Dividends and interest receivable | 374,271 |
Receivable for fund shares sold | 269,294 |
Receivable for investments sold | 1,684,093 |
Receivable for securities lending income | 99 |
Receivable from affiliates | 490 |
Other assets | 38,943 |
Total assets | 179,723,045 |
Liabilities | |
Payable for futures variation margin | 38,264 |
Due to custodian | 668,981 |
Foreign capital gains tax payable | 1,362,692 |
Payable for investments purchased | 33,153 |
Payable for fund shares repurchased | 662,096 |
Payable upon return of securities loaned | 165,594 |
Payable to affiliates | |
Accounting and legal services fees | 9,344 |
Transfer agent fees | 10,922 |
Trustees’ fees | 13 |
Other liabilities and accrued expenses | 174,952 |
Total liabilities | 3,126,011 |
Net assets | $176,597,034 |
Net assets consist of | |
Paid-in capital | $163,804,155 |
Total distributable earnings (loss) | 12,792,879 |
Net assets | $176,597,034 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 15 |
Net asset value per share | |
Based on net asset value and shares outstanding - the fund has an unlimited number of shares authorized with no par value | |
Class A ($40,066,378 ÷ 3,661,013 shares)1 | $10.94 |
Class C ($1,279,619 ÷ 116,889 shares)1 | $10.95 |
Class I ($67,103,467 ÷ 6,133,187 shares) | $10.94 |
Class R6 ($737,571 ÷ 67,501 shares) | $10.93 |
Class NAV ($67,409,999 ÷ 6,161,934 shares) | $10.94 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $11.52 |
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. |
16 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $6,224,431 |
Interest | 26,042 |
Securities lending | 2,692 |
Less foreign taxes withheld | (741,109) |
Total investment income | 5,512,056 |
Expenses | |
Investment management fees | 1,297,797 |
Distribution and service fees | 134,601 |
Accounting and legal services fees | 35,133 |
Transfer agent fees | 108,698 |
Trustees’ fees | 3,998 |
Custodian fees | 394,551 |
State registration fees | 69,500 |
Printing and postage | 14,048 |
Professional fees | 90,701 |
Other | 31,415 |
Total expenses | 2,180,442 |
Less expense reductions | (224,689) |
Net expenses | 1,955,753 |
Net investment income | 3,556,303 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | 744,885 |
Affiliated investments | (41) |
Futures contracts | 19,092 |
763,936 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | 6,307,2311 |
Affiliated investments | (4) |
Futures contracts | (1,454) |
6,305,773 | |
Net realized and unrealized gain | 7,069,709 |
Increase in net assets from operations | $10,626,012 |
1 | Net of $536,882 increase in deferred foreign withholding taxes. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 17 |
Year ended 8-31-23 | Year ended 8-31-22 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $3,556,303 | $4,234,769 |
Net realized gain | 763,936 | 11,074,414 |
Change in net unrealized appreciation (depreciation) | 6,305,773 | (50,750,914) |
Increase (decrease) in net assets resulting from operations | 10,626,012 | (35,441,731) |
Distributions to shareholders | ||
From earnings | ||
Class A | (740,947) | (1,369,613) |
Class C | (14,558) | (34,271) |
Class I | (973,909) | (1,332,525) |
Class R6 | (14,197) | (29,921) |
Class NAV | (1,715,785) | (2,647,457) |
Total distributions | (3,459,396) | (5,413,787) |
From fund share transactions | 10,510,623 | 2,370,430 |
Total increase (decrease) | 17,677,239 | (38,485,088) |
Net assets | ||
Beginning of year | 158,919,795 | 197,404,883 |
End of year | $176,597,034 | $158,919,795 |
18 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.54 | $13.27 | $10.51 | $10.10 | $11.13 |
Net investment income1 | 0.18 | 0.25 | 0.11 | 0.13 | 0.14 |
Net realized and unrealized gain (loss) on investments | 0.41 | (2.65) | 2.78 | 0.50 | (1.04) |
Total from investment operations | 0.59 | (2.40) | 2.89 | 0.63 | (0.90) |
Less distributions | |||||
From net investment income | (0.19) | (0.33) | (0.13) | (0.22) | (0.13) |
Net asset value, end of period | $10.94 | $10.54 | $13.27 | $10.51 | $10.10 |
Total return (%)2,3 | 5.73 | (18.46) | 27.61 | 6.11 | (8.06) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $40 | $43 | $57 | $49 | $52 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.55 | 1.49 | 1.54 | 1.57 | 1.51 |
Expenses including reductions | 1.42 | 1.42 | 1.51 | 1.56 | 1.50 |
Net investment income | 1.74 | 2.09 | 0.87 | 1.30 | 1.38 |
Portfolio turnover (%) | 21 | 24 | 10 | 14 | 13 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 19 |
CLASS C SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.54 | $13.26 | $10.52 | $10.11 | $11.13 |
Net investment income1 | 0.11 | 0.16 | 0.02 | 0.06 | 0.06 |
Net realized and unrealized gain (loss) on investments | 0.41 | (2.65) | 2.78 | 0.50 | (1.03) |
Total from investment operations | 0.52 | (2.49) | 2.80 | 0.56 | (0.97) |
Less distributions | |||||
From net investment income | (0.11) | (0.23) | (0.06) | (0.15) | (0.05) |
Net asset value, end of period | $10.95 | $10.54 | $13.26 | $10.52 | $10.11 |
Total return (%)2,3 | 5.14 | (19.08) | 26.65 | 5.40 | (8.71) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $2 | $2 | $3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 2.25 | 2.19 | 2.24 | 2.27 | 2.21 |
Expenses including reductions | 2.12 | 2.12 | 2.21 | 2.26 | 2.20 |
Net investment income | 1.03 | 1.36 | 0.12 | 0.59 | 0.65 |
Portfolio turnover (%) | 21 | 24 | 10 | 14 | 13 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
20 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.54 | $13.27 | $10.51 | $10.10 | $11.12 |
Net investment income1 | 0.24 | 0.28 | 0.15 | 0.15 | 0.17 |
Net realized and unrealized gain (loss) on investments | 0.38 | (2.64) | 2.77 | 0.51 | (1.03) |
Total from investment operations | 0.62 | (2.36) | 2.92 | 0.66 | (0.86) |
Less distributions | |||||
From net investment income | (0.22) | (0.37) | (0.16) | (0.25) | (0.16) |
Net asset value, end of period | $10.94 | $10.54 | $13.27 | $10.51 | $10.10 |
Total return (%)2 | 6.07 | (18.20) | 27.93 | 6.41 | (7.72) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $67 | $38 | $46 | $37 | $68 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.25 | 1.19 | 1.24 | 1.27 | 1.22 |
Expenses including reductions | 1.12 | 1.12 | 1.21 | 1.26 | 1.21 |
Net investment income | 2.30 | 2.32 | 1.21 | 1.43 | 1.69 |
Portfolio turnover (%) | 21 | 24 | 10 | 14 | 13 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 21 |
CLASS R6 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.52 | $13.26 | $10.49 | $10.09 | $11.11 |
Net investment income1 | 0.22 | 0.29 | 0.06 | 0.18 | 0.17 |
Net realized and unrealized gain (loss) on investments | 0.43 | (2.65) | 2.88 | 0.48 | (1.01) |
Total from investment operations | 0.65 | (2.36) | 2.94 | 0.66 | (0.84) |
Less distributions | |||||
From net investment income | (0.24) | (0.38) | (0.17) | (0.26) | (0.18) |
Net asset value, end of period | $10.93 | $10.52 | $13.26 | $10.49 | $10.09 |
Total return (%)2 | 6.30 | (18.20) | 28.20 | 6.42 | (7.56) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $1 | $67 | $60 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.15 | 1.08 | 1.13 | 1.16 | 1.11 |
Expenses including reductions | 1.01 | 1.01 | 1.10 | 1.15 | 1.10 |
Net investment income | 2.14 | 2.38 | 0.53 | 1.75 | 1.71 |
Portfolio turnover (%) | 21 | 24 | 10 | 14 | 13 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
22 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $10.54 | $13.28 | $10.51 | $10.10 | $11.13 |
Net investment income1 | 0.23 | 0.30 | 0.16 | 0.18 | 0.10 |
Net realized and unrealized gain (loss) on investments | 0.41 | (2.66) | 2.78 | 0.49 | (0.95) |
Total from investment operations | 0.64 | (2.36) | 2.94 | 0.67 | (0.85) |
Less distributions | |||||
From net investment income | (0.24) | (0.38) | (0.17) | (0.26) | (0.18) |
Net asset value, end of period | $10.94 | $10.54 | $13.28 | $10.51 | $10.10 |
Total return (%)2 | 6.21 | (18.15) | 28.16 | 6.53 | (7.63) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $67 | $76 | $91 | $75 | $68 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.14 | 1.07 | 1.12 | 1.14 | 1.10 |
Expenses including reductions | 1.01 | 1.00 | 1.09 | 1.14 | 1.09 |
Net investment income | 2.16 | 2.55 | 1.30 | 1.77 | 0.93 |
Portfolio turnover (%) | 21 | 24 | 10 | 14 | 13 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 23 |
24 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
Total value at 8-31-23 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Australia | $58,402 | — | $58,402 | — |
Belgium | 47,059 | — | 47,059 | — |
Brazil | 6,928,743 | $6,928,743 | — | — |
Canada | 43,528 | — | 43,528 | — |
Chile | 1,192,727 | 1,192,727 | — | — |
China | 39,408,439 | 1,116,087 | 38,198,944 | $93,408 |
Colombia | 223,725 | 223,725 | — | — |
Cyprus | 16,742 | — | 16,742 | — |
Czech Republic | 181,071 | — | 181,071 | — |
Egypt | 31,085 | — | 31,085 | — |
Greece | 867,378 | — | 856,550 | 10,828 |
Hong Kong | 4,982,641 | — | 4,836,444 | 146,197 |
Hungary | 323,953 | — | 323,953 | — |
India | 29,857,442 | 56,666 | 29,773,259 | 27,517 |
Indonesia | 3,810,082 | — | 3,706,897 | 103,185 |
Ireland | 72,347 | 72,347 | — | — |
Kuwait | 936,409 | — | 936,409 | — |
Malaysia | 3,115,229 | — | 3,115,229 | — |
Mexico | 5,599,044 | 5,599,044 | — | — |
Netherlands | 57,281 | — | 57,281 | — |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 25 |
Total value at 8-31-23 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Panama | $1,182 | $1,182 | — | — |
Peru | 105,342 | 105,342 | — | — |
Philippines | 1,582,976 | — | $1,581,982 | $994 |
Poland | 1,736,638 | — | 1,736,638 | — |
Qatar | 1,501,169 | — | 1,501,169 | — |
Russia | 32,146 | — | — | 32,146 |
Saudi Arabia | 6,337,792 | — | 6,337,792 | — |
Singapore | 75,754 | — | 75,754 | — |
South Africa | 5,163,473 | 535,323 | 4,628,150 | — |
South Korea | 22,390,953 | 41,395 | 22,340,599 | 8,959 |
Spain | 16,362 | — | 16,362 | — |
Taiwan | 28,799,297 | 240,336 | 28,553,080 | 5,881 |
Thailand | 4,050,836 | — | 4,049,834 | 1,002 |
Turkey | 1,896,983 | — | 1,896,789 | 194 |
United Arab Emirates | 2,965,725 | — | 2,965,725 | — |
United Kingdom | 27,490 | — | 27,490 | — |
United States | 227,675 | — | 227,675 | — |
Preferred securities | ||||
Brazil | 1,885,594 | 1,885,594 | — | — |
Chile | 141,079 | 141,079 | — | — |
Colombia | 49,988 | 49,988 | — | — |
India | 4,815 | — | 4,806 | 9 |
Philippines | 7,119 | — | 7,119 | — |
Rights | 5,701 | 3,237 | 2,464 | — |
Warrants | 49 | 49 | — | — |
Short-term investments | 165,600 | 165,600 | — | — |
Total investments in securities | $176,925,065 | $18,358,464 | $158,136,281 | $430,320 |
Derivatives: | ||||
Liabilities | ||||
Futures | $(2,332) | $(2,332) | — | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
26 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 27 |
August 31, 2023 | August 31, 2022 | |
Ordinary income | $3,459,396 | $5,413,787 |
28 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 29 |
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 | — | $(2,332) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the year end variation margin receivable/payable is separately reported on the Statement of assets and liabilities. |
Statement of operations location - Net realized gain (loss) on: | |
Risk | Futures contracts |
Equity | $19,092 |
Statement of operations location - Change in net unrealized appreciation (depreciation) of: | |
Risk | Futures contracts |
Equity | $(1,454) |
30 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $54,497 |
Class C | 1,759 |
Class I | 66,433 |
Class | Expense reduction |
Class R6 | $821 |
Class NAV | 101,179 |
Total | $224,689 |
Class | Rule 12b-1 Fee |
Class A | 0.30% |
Class C | 1.00% |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 31 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $121,655 | $46,681 |
Class C | 12,946 | 1,489 |
Class I | — | 60,483 |
Class R6 | — | 45 |
Total | $134,601 | $108,698 |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 184,361 | $1,956,552 | 250,208 | $3,024,998 |
Distributions reinvested | 71,593 | 730,960 | 110,051 | 1,352,525 |
Repurchased | (636,136) | (6,678,661) | (607,921) | (7,294,944) |
Net decrease | (380,182) | $(3,991,149) | (247,662) | $(2,917,421) |
Class C shares | ||||
Sold | 10,086 | $105,639 | 11,125 | $135,227 |
Distributions reinvested | 1,417 | 14,558 | 2,765 | 34,142 |
Repurchased | (30,075) | (308,391) | (39,945) | (488,131) |
Net decrease | (18,572) | $(188,194) | (26,055) | $(318,762) |
32 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class I shares | ||||
Sold | 4,324,850 | $45,694,356 | 1,950,741 | $22,374,365 |
Distributions reinvested | 95,377 | 971,892 | 108,331 | 1,329,223 |
Repurchased | (1,939,643) | (20,501,382) | (1,860,291) | (21,656,244) |
Net increase | 2,480,584 | $26,164,866 | 198,781 | $2,047,344 |
Class R6 shares | ||||
Sold | 22,457 | $245,390 | 589 | $7,061 |
Distributions reinvested | 1,382 | 14,054 | 2,422 | 29,649 |
Repurchased | (22,267) | (231,360) | (30,439) | (374,162) |
Net increase (decrease) | 1,572 | $28,084 | (27,428) | $(337,452) |
Class NAV shares | ||||
Sold | 825,926 | $8,714,680 | 791,863 | $9,556,264 |
Distributions reinvested | 168,545 | 1,715,785 | 216,119 | 2,647,457 |
Repurchased | (2,019,195) | (21,933,449) | (695,109) | (8,307,000) |
Net increase (decrease) | (1,024,724) | $(11,502,984) | 312,873 | $3,896,721 |
Total net increase | 1,058,678 | $10,510,623 | 210,509 | $2,370,430 |
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* | 16,566 | $212,055 | $3,222,389 | $(3,268,799) | $(41) | $(4) | $2,692 | — | $165,600 |
ANNUAL REPORT | JOHN HANCOCK Emerging Markets Fund | 33 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
34 | JOHN HANCOCK Emerging Markets Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 35 |
36 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 37 |
(a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
(b) | the background, qualifications and skills of the Advisor’s personnel; |
(c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
(d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
(e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; |
38 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
(a) | reviewed information prepared by management regarding the fund’s performance; |
(b) | considered the comparative performance of an applicable benchmark index; |
(c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
(d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 39 |
(a) | reviewed financial information of the Advisor; |
(b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
(c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
(d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
(e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
(f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
(g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
(h) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
(i) | noted that the subadvisory fee for the fund is paid by the Advisor and is negotiated at arm’s length; |
(j) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
(k) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
40 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
(a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
(b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
(c) | the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale |
(1) | information relating to the Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex); |
(2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and |
(3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third-party provider of fund data; and |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 41 |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
42 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 43 |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
44 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
• | The Fund did not experience any breaches of the 15% limit on illiquid investments, or any applicable HLIM, that would require reporting to the Securities and Exchange Commission; |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 45 |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan,2 Born: 1945 | 2005 | 186 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 183 |
Trustee | ||
Board Member, United of Omaha Life Insurance Company (since 2022). Board Member, Mutual of Omaha Investor Services, Inc. (since 2022). Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
William H. Cunningham,3 Born: 1944 | 2012 | 184 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 183 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). Trustee of various trusts within the John Hancock Fund Complex (since 2022). | ||
Grace K. Fey, Born: 1946 | 2008 | 186 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Dean C. Garfield,* Born: 1968 | 2022 | 183 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
46 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Deborah C. Jackson, Born: 1952 | 2012 | 185 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 183 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,3 Born: 1960 | 2020 | 183 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). | ||
Gregory A. Russo, Born: 1949 | 2012 | 183 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 47 |
Non-Independent Trustees4 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 184 |
Non-Independent Trustee | ||
Global Head of Retail for Manulife (since 2022); Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (2018-2023); Director and Chairman, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Chairman, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); Director and Chairman, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (2007-2023, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Paul Lorentz,† Born: 1968 | 2022 | 183 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Kristie M. Feinberg, Born: 1975 | 2023 |
President | |
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2023); CFO and Global Head of Strategy, Manulife Investment Management (2021-2023, including prior positions); CFO Americas & Global Head of Treasury, Invesco, Ltd., Invesco US (2019-2020, including prior positions); Senior Vice President, Corporate Treasurer and Business Controller, Oppenheimer Funds (2001-2019, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2023). | |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). |
48 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT |
Principal officers who are not Trustees (continued) | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is duly elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee as of September 26, 2023. |
3 | Member of the Audit Committee. |
4 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 49 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Deborah C. Jackson
Patricia Lizarraga*,^,§
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
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 EMERGING MARKETS FUND | ANNUAL 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
MF3099550 | 368A 8/23 |
United States and Europe
Manulife Investment Management
John Hancock Investment Management
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 1 |
2 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 3 |
COUNTRY COMPOSITION AS OF 8/31/2023 (% of net assets) | |
United States | 65.7 |
Canada | 4.3 |
France | 2.9 |
Japan | 2.6 |
United Kingdom | 2.4 |
Mexico | 2.0 |
Ireland | 1.8 |
Luxembourg | 1.7 |
Netherlands | 1.6 |
Hong Kong | 1.4 |
Other countries | 13.6 |
TOTAL | 100.0 |
4 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
TOP 5 EQUITY HOLDINGS AS OF 8/31/2023 (% of net assets) | |
Microsoft Corp. | 1.2 |
Reinsurance Group of America, Inc. | 0.6 |
Apple, Inc. | 0.6 |
NVIDIA Corp. | 0.5 |
Intel Corp. | 0.4 |
TOTAL | 3.3 |
Cash and cash equivalents are not included. |
TOP 5 BOND ISSUERS AS OF 8/31/2023 (% of net assets) | |
Carnival Corp. | 1.0 |
Bank of America Corp. | 0.9 |
Edison International | 0.9 |
Petroleos Mexicanos | 0.9 |
NextEra Energy, Inc. | 0.7 |
TOTAL | 4.4 |
Cash and cash equivalents are not included. |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 5 |
6 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | |||||
1-year | 5-year | Since inception (11-14-14) | 5-year | Since inception (11-14-14) | as of 8-31-23 | as of 8-31-23 | ||
Class A | -0.93 | 1.74 | 2.24 | 9.03 | 21.55 | 5.66 | 5.48 | |
Class C | 2.11 | 1.95 | 2.03 | 10.15 | 19.37 | 5.17 | 4.98 | |
Class I1 | 4.03 | 2.98 | 3.07 | 15.79 | 30.46 | 6.18 | 5.99 | |
Class R61 | 4.14 | 3.08 | 3.19 | 16.39 | 31.76 | 6.29 | 6.10 | |
Class NAV1,2 | 4.17 | 2.68 | 2.45 | 14.13 | 23.68 | 6.29 | 6.10 | |
Index 1†† | -1.19 | 0.49 | 1.02 | 2.47 | 9.37 | — | — | |
Index 2†† | 15.60 | 8.33 | 8.42 | 49.17 | 103.58 | — | — | |
Index 3†† | 7.29 | 3.45 | 4.18 | 18.46 | 43.36 | — | — | |
Index 4†† | 3.78 | 3.09 | 3.42 | 16.43 | 34.40 | — | — |
Class A | Class C | Class I | Class R6 | Class NAV | |
Gross (%) | 0.95 | 1.70 | 0.70 | 0.60 | 0.59 |
Net (%) | 0.89 | 1.64 | 0.64 | 0.53 | 0.52 |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 7 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index 1 ($) | Index 2 ($) | Index 3 ($) | Index 4 ($) | |
Class C3 | 11-14-14 | 11,937 | 11,937 | 10,937 | 20,358 | 14,336 | 13,440 |
Class I1 | 11-14-14 | 13,046 | 13,046 | 10,937 | 20,358 | 14,336 | 13,440 |
Class R61 | 11-14-14 | 13,176 | 13,176 | 10,937 | 20,358 | 14,336 | 13,440 |
Class NAV1,2 | 11-14-14 | 12,368 | 12,368 | 10,937 | 20,358 | 14,336 | 13,440 |
1 | For certain types of investors, as described in the portfolio’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. |
8 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 9 |
Account value on 3-1-2023 | Ending value on 8-31-2023 | Expenses paid during period ended 8-31-20231 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,010.00 | $4.51 | 0.89% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.53 | 0.89% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,006.10 | 8.29 | 1.64% |
Hypothetical example | 1,000.00 | 1,016.90 | 8.34 | 1.64% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,011.40 | 3.24 | 0.64% |
Hypothetical example | 1,000.00 | 1,022.00 | 3.26 | 0.64% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,011.90 | 2.69 | 0.53% |
Hypothetical example | 1,000.00 | 1,022.50 | 2.70 | 0.53% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 1,011.40 | 2.64 | 0.52% |
Hypothetical example | 1,000.00 | 1,022.60 | 2.65 | 0.52% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
10 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government and Agency obligations 0.3% | $334,029 | ||||
(Cost $334,508) | |||||
U.S. Government Agency 0.3% | 334,029 | ||||
Federal Home Loan Mortgage Corp. | |||||
30 Yr Pass Thru | 5.000 | 04-01-53 | 115,263 | 112,219 | |
30 Yr Pass Thru | 5.500 | 06-01-53 | 117,830 | 117,238 | |
Federal National Mortgage Association 30 Yr Pass Thru | 4.500 | 07-01-52 | 110,177 | 104,572 | |
Foreign government obligations 0.2% | $247,174 | ||||
(Cost $353,199) | |||||
Colombia 0.2% | 247,174 | ||||
Republic of Colombia Bond | 6.125 | 01-18-41 | 300,000 | 247,174 | |
Corporate bonds 55.2% | $64,604,685 | ||||
(Cost $72,799,654) | |||||
Communication services 7.2% | 8,467,022 | ||||
Diversified telecommunication services 2.3% | |||||
C&W Senior Financing DAC (A) | 6.875 | 09-15-27 | 440,000 | 408,355 | |
Cellnex Telecom SA | 1.875 | 06-26-29 | EUR | 400,000 | 370,697 |
Connect Finco SARL (A) | 6.750 | 10-01-26 | 300,000 | 284,597 | |
Frontier Florida LLC | 6.860 | 02-01-28 | 190,000 | 177,950 | |
IHS Holding, Ltd. (A) | 6.250 | 11-29-28 | 210,000 | 169,029 | |
Iliad Holding SASU (A) | 5.125 | 10-15-26 | EUR | 125,000 | 130,292 |
Iliad Holding SASU (A) | 6.500 | 10-15-26 | 315,000 | 300,568 | |
PPF Telecom Group BV | 3.125 | 03-27-26 | EUR | 325,000 | 338,993 |
Telesat Canada (A) | 5.625 | 12-06-26 | 315,000 | 222,296 | |
Total Play Telecomunicaciones SA de CV (A) | 6.375 | 09-20-28 | 260,000 | 119,293 | |
Total Play Telecomunicaciones SA de CV (A) | 7.500 | 11-12-25 | 300,000 | 174,898 | |
Entertainment 0.3% | |||||
AMC Entertainment Holdings, Inc. (A) | 7.500 | 02-15-29 | 195,000 | 133,099 | |
ROBLOX Corp. (A) | 3.875 | 05-01-30 | 235,000 | 193,876 | |
Interactive media and services 0.6% | |||||
Arches Buyer, Inc. (A) | 6.125 | 12-01-28 | 113,000 | 96,920 | |
Match Group Holdings II LLC (A) | 4.125 | 08-01-30 | 270,000 | 231,557 | |
TripAdvisor, Inc. (A) | 7.000 | 07-15-25 | 390,000 | 389,070 | |
Media 3.2% | |||||
Altice Financing SA (A) | 4.250 | 08-15-29 | EUR | 100,000 | 82,781 |
Altice Financing SA (A) | 5.750 | 08-15-29 | 255,000 | 202,001 | |
Altice France SA (A) | 8.125 | 02-01-27 | 358,000 | 302,560 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Media (continued) | |||||
CCO Holdings LLC | 4.500 | 05-01-32 | 400,000 | $324,278 | |
CCO Holdings LLC (A) | 6.375 | 09-01-29 | 375,000 | 355,015 | |
DISH Network Corp. (A) | 11.750 | 11-15-27 | 270,000 | 273,953 | |
Globo Comunicacao e Participacoes SA (A) | 4.875 | 01-22-30 | 500,000 | 423,945 | |
iHeartCommunications, Inc. | 8.375 | 05-01-27 | 250,000 | 173,107 | |
LCPR Senior Secured Financing DAC (A) | 5.125 | 07-15-29 | 245,000 | 206,535 | |
News Corp. (A) | 5.125 | 02-15-32 | 111,000 | 100,455 | |
Paramount Global (6.375% to 3-30-27, then 5 Year CMT + 3.999%) | 6.375 | 03-30-62 | 540,000 | 445,500 | |
Sirius XM Radio, Inc. (A) | 5.500 | 07-01-29 | 400,000 | 360,102 | |
Stagwell Global LLC (A) | 5.625 | 08-15-29 | 240,000 | 200,433 | |
Townsquare Media, Inc. (A) | 6.875 | 02-01-26 | 112,000 | 107,800 | |
Virgin Media Finance PLC (A) | 5.000 | 07-15-30 | 250,000 | 202,190 | |
Wireless telecommunication services 0.8% | |||||
Millicom International Cellular SA (A) | 6.250 | 03-25-29 | 373,500 | 341,850 | |
SoftBank Group Corp. | 5.125 | 09-19-27 | 265,000 | 244,765 | |
Vmed O2 UK Financing I PLC (A) | 3.250 | 01-31-31 | EUR | 420,000 | 378,262 |
Consumer discretionary 8.4% | 9,774,786 | ||||
Automobile components 0.3% | |||||
Clarios Global LP (A) | 6.750 | 05-15-28 | 172,000 | 171,546 | |
ZF North America Capital, Inc. (A) | 6.875 | 04-14-28 | 197,000 | 196,365 | |
Automobiles 0.6% | |||||
Ford Motor Credit Company LLC | 4.063 | 11-01-24 | 400,000 | 387,557 | |
Ford Motor Credit Company LLC | 7.350 | 03-06-30 | 307,000 | 312,462 | |
Broadline retail 0.4% | |||||
Liberty Interactive LLC | 8.250 | 02-01-30 | 307,000 | 119,213 | |
Macy’s Retail Holdings LLC (A) | 5.875 | 03-15-30 | 25,000 | 21,875 | |
Macy’s Retail Holdings LLC (A) | 6.125 | 03-15-32 | 25,000 | 21,438 | |
Prosus NV (A) | 2.031 | 08-03-32 | EUR | 170,000 | 130,881 |
Prosus NV (A) | 3.832 | 02-08-51 | 200,000 | 113,811 | |
Diversified consumer services 0.9% | |||||
GEMS MENASA Cayman, Ltd. (A) | 7.125 | 07-31-26 | 325,000 | 315,673 | |
Sotheby’s (A) | 7.375 | 10-15-27 | 300,000 | 273,107 | |
Stena International SA (A) | 6.125 | 02-01-25 | 400,000 | 393,600 | |
Hotels, restaurants and leisure 5.6% | |||||
Affinity Interactive (A) | 6.875 | 12-15-27 | 305,000 | 270,063 | |
Allwyn International AS (A) | 3.875 | 02-15-27 | EUR | 450,000 | 456,850 |
Caesars Entertainment, Inc. (A) | 7.000 | 02-15-30 | 352,000 | 353,347 | |
Carnival Corp. (A) | 5.750 | 03-01-27 | 230,000 | 216,456 |
12 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Carnival Corp. (A) | 6.000 | 05-01-29 | 662,000 | $597,704 | |
Carnival Corp. (A) | 7.625 | 03-01-26 | 110,000 | 109,666 | |
Carnival Holdings Bermuda, Ltd. (A) | 10.375 | 05-01-28 | 200,000 | 217,517 | |
CEC Entertainment LLC (A) | 6.750 | 05-01-26 | 260,000 | 248,604 | |
Champion Path Holdings, Ltd. | 4.500 | 01-27-26 | 200,000 | 176,600 | |
Choice Hotels International, Inc. | 3.700 | 12-01-29 | 260,000 | 229,588 | |
Hilton Grand Vacations Borrower Escrow LLC (A) | 5.000 | 06-01-29 | 179,000 | 158,694 | |
International Game Technology PLC (A) | 5.250 | 01-15-29 | 240,000 | 225,683 | |
International Game Technology PLC (A) | 6.250 | 01-15-27 | 481,000 | 476,265 | |
Meituan | 2.125 | 10-28-25 | 200,000 | 183,958 | |
MGM Resorts International | 6.750 | 05-01-25 | 250,000 | 250,415 | |
Mohegan Tribal Gaming Authority (A) | 8.000 | 02-01-26 | 365,000 | 339,906 | |
New Red Finance, Inc. (A) | 4.375 | 01-15-28 | 280,000 | 256,999 | |
Resorts World Las Vegas LLC (A) | 4.625 | 04-16-29 | 400,000 | 326,982 | |
Resorts World Las Vegas LLC | 4.625 | 04-16-29 | 200,000 | 163,491 | |
Royal Caribbean Cruises, Ltd. (A) | 9.250 | 01-15-29 | 270,000 | 287,779 | |
Sands China, Ltd. | 5.375 | 08-08-25 | 200,000 | 193,372 | |
Studio City Company, Ltd. (A) | 7.000 | 02-15-27 | 200,000 | 189,205 | |
Travel + Leisure Company (A) | 6.625 | 07-31-26 | 180,000 | 178,643 | |
Wynn Macau, Ltd. | 4.875 | 10-01-24 | 200,000 | 195,249 | |
Yum! Brands, Inc. (A) | 4.750 | 01-15-30 | 250,000 | 230,217 | |
Household durables 0.5% | |||||
KB Home | 4.000 | 06-15-31 | 251,000 | 211,437 | |
KB Home | 7.250 | 07-15-30 | 80,000 | 80,191 | |
Newell Brands, Inc. | 6.375 | 09-15-27 | 344,000 | 336,994 | |
Specialty retail 0.1% | |||||
Group 1 Automotive, Inc. (A) | 4.000 | 08-15-28 | 175,000 | 155,383 | |
Consumer staples 1.7% | 2,022,670 | ||||
Consumer staples distribution and retail 0.1% | |||||
U.S. Foods, Inc. (A) | 4.750 | 02-15-29 | 195,000 | 177,981 | |
Food products 1.3% | |||||
Darling Ingredients, Inc. (A) | 6.000 | 06-15-30 | 125,000 | 122,167 | |
Health & Happiness H&H International Holdings, Ltd. | 13.500 | 06-26-26 | 200,000 | 188,074 | |
JBS USA LUX SA | 5.750 | 04-01-33 | 280,000 | 266,486 | |
MARB BondCo PLC (A) | 3.950 | 01-29-31 | 215,000 | 167,319 | |
Post Holdings, Inc. (A) | 4.500 | 09-15-31 | 300,000 | 258,446 | |
Ulker Biskuvi Sanayi AS (A) | 6.950 | 10-30-25 | 505,000 | 475,661 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer staples (continued) | |||||
Household products 0.2% | |||||
Edgewell Personal Care Company (A) | 4.125 | 04-01-29 | 160,000 | $138,662 | |
Edgewell Personal Care Company (A) | 5.500 | 06-01-28 | 170,000 | 160,225 | |
Personal care products 0.1% | |||||
Oriflame Investment Holding PLC (A) | 5.125 | 05-04-26 | 200,000 | 67,649 | |
Energy 8.1% | 9,498,940 | ||||
Oil, gas and consumable fuels 8.1% | |||||
Antero Midstream Partners LP (A) | 5.375 | 06-15-29 | 190,000 | 178,039 | |
Ascent Resources Utica Holdings LLC (A) | 5.875 | 06-30-29 | 180,000 | 163,945 | |
Cheniere Energy Partners LP | 3.250 | 01-31-32 | 125,000 | 103,291 | |
Cheniere Energy Partners LP | 4.000 | 03-01-31 | 230,000 | 203,057 | |
Cheniere Energy Partners LP | 4.500 | 10-01-29 | 143,000 | 131,946 | |
Crestwood Midstream Partners LP (A) | 8.000 | 04-01-29 | 240,000 | 247,996 | |
Delek Logistics Partners LP (A) | 7.125 | 06-01-28 | 185,000 | 171,972 | |
Ecopetrol SA | 5.875 | 05-28-45 | 285,000 | 200,907 | |
Enbridge, Inc. (7.625% to 10-15-32, then 5 Year CMT + 4.418%) | 7.625 | 01-15-83 | 625,000 | 629,974 | |
Energean Israel Finance, Ltd. (A) | 5.375 | 03-30-28 | 100,000 | 90,860 | |
Energean Israel Finance, Ltd. (A) | 5.875 | 03-30-31 | 190,000 | 167,390 | |
Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (B) | 7.125 | 05-15-30 | 830,000 | 734,450 | |
EnLink Midstream LLC (A) | 5.625 | 01-15-28 | 291,000 | 281,505 | |
EQM Midstream Partners LP (A) | 4.750 | 01-15-31 | 205,000 | 181,154 | |
EQM Midstream Partners LP (A) | 7.500 | 06-01-30 | 218,000 | 223,560 | |
Genesis Energy LP | 7.750 | 02-01-28 | 215,000 | 209,204 | |
Greenko Solar Mauritius, Ltd. | 5.950 | 07-29-26 | 200,000 | 187,600 | |
Hess Midstream Operations LP (A) | 5.500 | 10-15-30 | 225,000 | 210,638 | |
Howard Midstream Energy Partners LLC (A) | 8.875 | 07-15-28 | 173,000 | 179,157 | |
Indika Energy Capital IV Pte, Ltd. | 8.250 | 10-22-25 | 300,000 | 296,186 | |
Inversiones Latin America Power, Ltda. (A) | 5.125 | 06-15-33 | 192,034 | 79,694 | |
Leviathan Bond, Ltd. (A) | 6.750 | 06-30-30 | 260,000 | 243,360 | |
MC Brazil Downstream Trading SARL (A) | 7.250 | 06-30-31 | 284,646 | 190,713 | |
Medco Bell Pte, Ltd. | 6.375 | 01-30-27 | 200,000 | 185,791 | |
MEG Energy Corp. (A) | 5.875 | 02-01-29 | 87,000 | 83,114 | |
New Fortress Energy, Inc. (A) | 6.500 | 09-30-26 | 250,000 | 232,381 | |
NuStar Logistics LP | 6.375 | 10-01-30 | 235,000 | 226,188 | |
Occidental Petroleum Corp. | 6.375 | 09-01-28 | 135,000 | 137,288 | |
Occidental Petroleum Corp. | 6.625 | 09-01-30 | 135,000 | 139,362 | |
Parkland Corp. (A) | 5.875 | 07-15-27 | 350,000 | 338,264 | |
Petroleos del Peru SA (A) | 5.625 | 06-19-47 | 495,000 | 316,759 |
14 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Petroleos Mexicanos | 6.625 | 06-15-35 | 635,000 | $438,079 | |
Petroleos Mexicanos | 7.470 | 11-12-26 | MXN | 12,562,500 | 621,660 |
Plains All American Pipeline LP (3 month CME Term SOFR + 4.372%) (B)(C) | 9.736 | 10-02-23 | 380,000 | 348,648 | |
Southwestern Energy Company | 4.750 | 02-01-32 | 95,000 | 84,156 | |
Sunoco LP | 4.500 | 04-30-30 | 132,000 | 117,690 | |
Talos Production, Inc. | 12.000 | 01-15-26 | 100,000 | 104,250 | |
The Oil and Gas Holding Company BSCC (A) | 7.500 | 10-25-27 | 450,000 | 457,376 | |
Venture Global Calcasieu Pass LLC (A) | 4.125 | 08-15-31 | 225,000 | 190,858 | |
Venture Global Calcasieu Pass LLC (A) | 6.250 | 01-15-30 | 175,000 | 170,478 | |
Financials 10.7% | 12,555,506 | ||||
Banks 7.1% | |||||
Axis Bank, Ltd. (4.100% to 9-8-26, then 5 Year CMT + 3.315%) (A)(B) | 4.100 | 09-08-26 | 200,000 | 173,800 | |
Bank Negara Indonesia Persero Tbk PT (4.300% to 3-24-27, then 5 Year CMT + 3.466%) (B) | 4.300 | 03-24-27 | 200,000 | 165,126 | |
Bank of America Corp. (6.100% to 3-17-25, then 3 month CME Term SOFR + 4.160%) (B) | 6.100 | 03-17-25 | 650,000 | 638,909 | |
Bank of America Corp. (6.125% to 4-27-27, then 5 Year CMT + 3.231%) (B) | 6.125 | 04-27-27 | 480,000 | 465,600 | |
Barclays PLC (8.000% to 3-15-29, then 5 Year CMT + 5.431%) (B) | 8.000 | 03-15-29 | 550,000 | 491,623 | |
BNP Paribas SA (6.625% to 3-25-24, then 5 Year SOFR Spread-Adjusted ICE Swap Rate + 4.149%) (A)(B) | 6.625 | 03-25-24 | 352,000 | 347,635 | |
Citigroup, Inc. (7.375% to 5-15-28, then 5 Year CMT + 3.209%) (B) | 7.375 | 05-15-28 | 485,000 | 488,031 | |
Credit Agricole SA (4.750% to 3-23-29, then 5 Year CMT + 3.237%) (A)(B) | 4.750 | 03-23-29 | 275,000 | 215,078 | |
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 | 383,609 | |
Fifth Third Bancorp (6.361% to 10-27-27, then SOFR + 2.192%) | 6.361 | 10-27-28 | 340,000 | 342,711 | |
Freedom Mortgage Corp. (A) | 8.250 | 04-15-25 | 261,000 | 257,194 | |
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 | 415,533 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
JPMorgan Chase & Co. (4.600% to 2-1-25, then 3 month CME Term SOFR + 3.125%) (B) | 4.600 | 02-01-25 | 420,000 | $394,044 | |
KeyCorp (5.000% to 9-15-26, then 3 month CME Term SOFR + 3.868%) (B) | 5.000 | 09-15-26 | 164,000 | 127,166 | |
Popular, Inc. | 7.250 | 03-13-28 | 209,000 | 210,306 | |
Societe Generale SA (5.375% to 11-18-30, then 5 Year CMT + 4.514%) (A)(B) | 5.375 | 11-18-30 | 400,000 | 300,872 | |
Societe Generale SA (7.875% to 12-18-23, then 5 Year U.S. Swap Rate + 4.979%) (A)(B) | 7.875 | 12-18-23 | 353,000 | 351,535 | |
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 | 190,000 | |
The Bank of Nova Scotia (8.625% to 10-27-27, then 5 Year CMT + 4.389%) | 8.625 | 10-27-82 | 690,000 | 703,369 | |
The PNC Financial Services Group, Inc. (6.000% to 5-15-27, then 5 Year CMT + 3.000%) (B) | 6.000 | 05-15-27 | 245,000 | 220,280 | |
The PNC Financial Services Group, Inc. (6.250% to 3-15-30, then 7 Year CMT + 2.808%) (B) | 6.250 | 03-15-30 | 374,000 | 330,837 | |
The Toronto-Dominion Bank (8.125% to 10-31-27, then 5 Year CMT + 4.075%) | 8.125 | 10-31-82 | 680,000 | 683,415 | |
Wells Fargo & Company (7.625% to 9-15-28, then 5 Year CMT + 3.606%) (B) | 7.625 | 09-15-28 | 342,000 | 350,123 | |
Capital markets 0.5% | |||||
Brookfield Capital Finance LLC | 6.087 | 06-14-33 | 215,000 | 215,529 | |
The Goldman Sachs Group, Inc. (7.500% to 2-10-29, then 5 Year CMT + 3.156%) (B) | 7.500 | 02-10-29 | 400,000 | 402,000 | |
Consumer finance 0.4% | |||||
Ally Financial, Inc. | 7.100 | 11-15-27 | 300,000 | 303,934 | |
OneMain Finance Corp. | 9.000 | 01-15-29 | 149,000 | 151,049 | |
Unifin Financiera SAB de CV (A)(D) | 9.875 | 01-28-29 | 475,000 | 23,750 | |
Financial services 0.9% | |||||
Block, Inc. | 3.500 | 06-01-31 | 340,000 | 278,788 | |
Corebridge Financial, Inc. (6.875% to 9-15-27, then 5 Year CMT + 3.846%) | 6.875 | 12-15-52 | 450,000 | 437,521 | |
Macquarie Airfinance Holdings, Ltd. (A) | 8.375 | 05-01-28 | 127,000 | 129,670 |
16 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Financial services (continued) | |||||
Nationstar Mortgage Holdings, Inc. (A) | 5.125 | 12-15-30 | 125,000 | $105,884 | |
Nationstar Mortgage Holdings, Inc. (A) | 6.000 | 01-15-27 | 150,000 | 142,875 | |
Insurance 1.8% | |||||
Alliant Holdings Intermediate LLC (A) | 6.750 | 04-15-28 | 256,000 | 252,215 | |
HUB International, Ltd. (A) | 7.250 | 06-15-30 | 213,000 | 216,811 | |
Lincoln National Corp. (9.250% to 12-1-27, then 5 Year CMT + 5.318%) (B)(E) | 9.250 | 12-01-27 | 320,000 | 332,760 | |
Markel Group, Inc. (6.000% to 6-1-25, then 5 Year CMT + 5.662%) (B) | 6.000 | 06-01-25 | 400,000 | 387,892 | |
Prudential Financial, Inc. (6.000% to 6-1-32, then 5 Year CMT + 3.234%) | 6.000 | 09-01-52 | 500,000 | 477,580 | |
SBL Holdings, Inc. (6.500% to 11-13-26, then 5 Year CMT + 5.620%) (A)(B) | 6.500 | 11-13-26 | 800,000 | 450,452 | |
Health care 1.4% | 1,660,639 | ||||
Health care equipment and supplies 0.2% | |||||
Varex Imaging Corp. (A) | 7.875 | 10-15-27 | 204,000 | 202,979 | |
Health care providers and services 0.9% | |||||
DaVita, Inc. (A) | 3.750 | 02-15-31 | 245,000 | 195,104 | |
DaVita, Inc. (A) | 4.625 | 06-01-30 | 400,000 | 343,101 | |
Rede D’or Finance Sarl (A) | 4.500 | 01-22-30 | 200,000 | 171,873 | |
Select Medical Corp. (A) | 6.250 | 08-15-26 | 330,000 | 326,872 | |
Pharmaceuticals 0.3% | |||||
Organon & Company (A) | 5.125 | 04-30-31 | 245,000 | 208,741 | |
Viatris, Inc. | 4.000 | 06-22-50 | 320,000 | 211,969 | |
Industrials 5.2% | 6,085,691 | ||||
Aerospace and defense 0.3% | |||||
TransDigm, Inc. (A) | 6.750 | 08-15-28 | 322,000 | 323,129 | |
Air freight and logistics 0.3% | |||||
Simpar Europe SA (A) | 5.200 | 01-26-31 | 200,000 | 164,272 | |
Simpar Finance Sarl (A) | 10.750 | 02-12-28 | BRL | 1,190,000 | 189,841 |
Building products 0.2% | |||||
Builders FirstSource, Inc. (A) | 5.000 | 03-01-30 | 225,000 | 206,680 | |
Commercial services and supplies 1.6% | |||||
Albion Financing 1 SARL (A) | 5.250 | 10-15-26 | EUR | 100,000 | 103,941 |
Albion Financing 1 SARL (A) | 6.125 | 10-15-26 | 200,000 | 189,250 | |
Allied Universal Holdco LLC (A) | 6.000 | 06-01-29 | 210,000 | 160,604 | |
Allied Universal Holdco LLC (A) | 6.625 | 07-15-26 | 211,000 | 200,691 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Commercial services and supplies (continued) | |||||
APX Group, Inc. (A) | 6.750 | 02-15-27 | 200,000 | $194,340 | |
Cimpress PLC | 7.000 | 06-15-26 | 245,000 | 229,688 | |
Clean Harbors, Inc. (A) | 6.375 | 02-01-31 | 153,000 | 152,148 | |
Elis SA | 1.625 | 04-03-28 | EUR | 300,000 | 286,512 |
Prime Security Services Borrower LLC (A) | 3.375 | 08-31-27 | 225,000 | 200,116 | |
VT Topco, Inc. (A) | 8.500 | 08-15-30 | 100,000 | 101,500 | |
Construction and engineering 0.8% | |||||
Global Infrastructure Solutions, Inc. (A) | 5.625 | 06-01-29 | 300,000 | 251,942 | |
IHS Netherlands Holdco BV (A) | 8.000 | 09-18-27 | 400,000 | 358,032 | |
MasTec, Inc. (A) | 6.625 | 08-15-29 | 160,000 | 153,070 | |
Williams Scotsman International, Inc. (A) | 6.125 | 06-15-25 | 211,000 | 209,141 | |
Electrical equipment 0.4% | |||||
Emerald Debt Merger Sub LLC (A) | 6.625 | 12-15-30 | 280,000 | 275,638 | |
Vertiv Group Corp. (A) | 4.125 | 11-15-28 | 199,000 | 178,655 | |
Ground transportation 0.3% | |||||
Uber Technologies, Inc. (A) | 8.000 | 11-01-26 | 400,000 | 407,279 | |
Machinery 0.1% | |||||
Madison IAQ LLC (A) | 5.875 | 06-30-29 | 124,000 | 104,408 | |
Passenger airlines 0.4% | |||||
American Airlines 2017-1 Class B Pass Through Trust | 4.950 | 02-15-25 | 77,350 | 74,920 | |
United Airlines 2020-1 Class A Pass Through Trust | 5.875 | 10-15-27 | 136,567 | 135,406 | |
United Airlines, Inc. (A) | 4.375 | 04-15-26 | 220,000 | 207,335 | |
Professional services 0.4% | |||||
Concentrix Corp. | 6.850 | 08-02-33 | 334,000 | 319,742 | |
TriNet Group, Inc. (A) | 7.125 | 08-15-31 | 201,000 | 202,130 | |
Trading companies and distributors 0.1% | |||||
Beacon Roofing Supply, Inc. (A) | 6.500 | 08-01-30 | 155,000 | 153,115 | |
Transportation infrastructure 0.3% | |||||
GMR Hyderabad International Airport, Ltd. | 4.250 | 10-27-27 | 200,000 | 177,750 | |
JSW Infrastructure, Ltd. (A) | 4.950 | 01-21-29 | 200,000 | 174,416 | |
Information technology 2.5% | 2,931,535 | ||||
Communications equipment 0.0% | |||||
CommScope, Inc. (A) | 6.000 | 03-01-26 | 76,000 | 69,066 | |
IT services 0.5% | |||||
Sabre GLBL, Inc. (A) | 7.375 | 09-01-25 | 179,000 | 175,921 |
18 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Information technology (continued) | |||||
IT services (continued) | |||||
Sixsigma Networks Mexico SA de CV (A) | 7.500 | 05-02-25 | 458,000 | $409,424 | |
Semiconductors and semiconductor equipment 0.7% | |||||
Entegris Escrow Corp. (A) | 4.750 | 04-15-29 | 324,000 | 301,433 | |
ON Semiconductor Corp. (A) | 3.875 | 09-01-28 | 240,000 | 213,643 | |
Qorvo, Inc. (A) | 3.375 | 04-01-31 | 330,000 | 268,658 | |
Software 0.7% | |||||
Consensus Cloud Solutions, Inc. (A) | 6.000 | 10-15-26 | 141,000 | 130,766 | |
Consensus Cloud Solutions, Inc. (A) | 6.500 | 10-15-28 | 275,000 | 248,548 | |
NCR Corp. (A) | 5.125 | 04-15-29 | 95,000 | 86,397 | |
NCR Corp. (A) | 5.250 | 10-01-30 | 185,000 | 166,030 | |
Ziff Davis, Inc. (A) | 4.625 | 10-15-30 | 180,000 | 154,824 | |
Technology hardware, storage and peripherals 0.6% | |||||
Seagate HDD Cayman | 4.125 | 01-15-31 | 109,000 | 89,026 | |
Seagate HDD Cayman (A) | 9.625 | 12-01-32 | 392,800 | 435,107 | |
Xerox Holdings Corp. (A) | 5.500 | 08-15-28 | 210,000 | 182,692 | |
Materials 3.0% | 3,497,259 | ||||
Chemicals 0.3% | |||||
Braskem Idesa SAPI (A) | 6.990 | 02-20-32 | 325,000 | 194,630 | |
SCIL IV LLC (A) | 5.375 | 11-01-26 | 200,000 | 187,216 | |
Construction materials 0.6% | |||||
Cemex SAB de CV (A) | 3.875 | 07-11-31 | 260,000 | 222,475 | |
Standard Industries, Inc. (A) | 5.000 | 02-15-27 | 210,000 | 199,079 | |
West China Cement, Ltd. | 4.950 | 07-08-26 | 400,000 | 284,000 | |
Containers and packaging 0.6% | |||||
Ardagh Packaging Finance PLC (A) | 5.250 | 08-15-27 | 340,000 | 291,305 | |
Clydesdale Acquisition Holdings, Inc. (A) | 8.750 | 04-15-30 | 150,000 | 135,650 | |
Graham Packaging Company, Inc. (A) | 7.125 | 08-15-28 | 120,000 | 104,647 | |
OI European Group BV (A) | 6.250 | 05-15-28 | EUR | 100,000 | 110,860 |
Sealed Air Corp. (A) | 6.125 | 02-01-28 | 87,000 | 85,484 | |
Metals and mining 1.5% | |||||
Adaro Indonesia PT | 4.250 | 10-31-24 | 250,000 | 240,350 | |
CSN Resources SA (A) | 5.875 | 04-08-32 | 265,000 | 214,333 | |
First Quantum Minerals, Ltd. (A) | 7.500 | 04-01-25 | 349,000 | 348,432 | |
Gold Fields Orogen Holdings BVI, Ltd. (A) | 6.125 | 05-15-29 | 475,000 | 470,004 | |
Indonesia Asahan Aluminium PT | 4.750 | 05-15-25 | 200,000 | 196,008 | |
Volcan Cia Minera SAA (A) | 4.375 | 02-11-26 | 330,000 | 212,786 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Real estate 1.9% | $2,148,111 | ||||
Health care REITs 0.2% | |||||
Diversified Healthcare Trust | 9.750 | 06-15-25 | 245,000 | 240,913 | |
Hotel and resort REITs 0.4% | |||||
RHP Hotel Properties LP (A) | 4.500 | 02-15-29 | 230,000 | 201,894 | |
XHR LP (A) | 4.875 | 06-01-29 | 240,000 | 207,652 | |
Real estate management and development 0.6% | |||||
Agile Group Holdings, Ltd. | 6.050 | 10-13-25 | 200,000 | 17,000 | |
Central China Real Estate, Ltd. (D) | 7.250 | 07-16-24 | 200,000 | 7,000 | |
Central China Real Estate, Ltd. (D) | 7.900 | 11-07-25 | 200,000 | 8,100 | |
China SCE Group Holdings, Ltd. | 7.375 | 04-09-24 | 200,000 | 17,500 | |
CIFI Holdings Group Company, Ltd. (D) | 6.000 | 07-16-25 | 200,000 | 13,500 | |
Country Garden Holdings Company, Ltd. | 3.125 | 10-22-25 | 200,000 | 17,760 | |
Country Garden Holdings Company, Ltd. | 5.625 | 01-14-30 | 350,000 | 27,300 | |
Greenland Global Investment, Ltd. | 6.750 | 03-03-26 | 400,000 | 40,000 | |
Greystar Real Estate Partners LLC (A) | 7.750 | 09-01-30 | 117,000 | 118,176 | |
Hopson Development Holdings, Ltd. | 6.800 | 12-28-23 | 250,000 | 218,125 | |
KWG Group Holdings, Ltd. (D) | 6.000 | 01-14-24 | 237,500 | 17,813 | |
Powerlong Real Estate Holdings, Ltd. | 6.250 | 08-10-24 | 200,000 | 14,000 | |
RKPF Overseas 2019 A, Ltd. | 6.000 | 09-04-25 | 200,000 | 88,730 | |
Wanda Properties Global Company, Ltd. | 11.000 | 02-13-26 | 200,000 | 67,000 | |
Zhenro Properties Group, Ltd. (D) | 7.875 | 04-14-24 | 200,000 | 500 | |
Specialized REITs 0.7% | |||||
Iron Mountain Information Management Services, Inc. (A) | 5.000 | 07-15-32 | 245,000 | 211,549 | |
Uniti Group LP (A) | 10.500 | 02-15-28 | 194,000 | 193,541 | |
VICI Properties LP (A) | 4.625 | 12-01-29 | 465,000 | 420,058 | |
Utilities 5.1% | 5,962,526 | ||||
Electric utilities 2.7% | |||||
Alexander Funding Trust II (A) | 7.467 | 07-31-28 | 173,000 | 175,204 | |
Comision Federal de Electricidad (A) | 3.348 | 02-09-31 | 175,000 | 138,789 | |
Edison International (5.375% to 3-15-26, then 5 Year CMT + 4.698%) (B) | 5.375 | 03-15-26 | 300,000 | 265,045 | |
Edison International (8.125% to 3-15-28, then 5 Year CMT + 3.864%) | 8.125 | 06-15-53 | 360,000 | 366,167 | |
Electricite de France SA (9.125% to 3-15-33, then 5 Year CMT + 5.411%) (A)(B) | 9.125 | 03-15-33 | 208,000 | 217,565 | |
NextEra Energy Capital Holdings, Inc. (5.650% to 5-1-29, then 3 month LIBOR + 3.156%) | 5.650 | 05-01-79 | 800,000 | 741,456 |
20 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities (continued) | |||||
Electric utilities (continued) | |||||
NRG Energy, Inc. (10.250% to 3-15-28, then 5 Year CMT + 5.920%) (A)(B) | 10.250 | 03-15-28 | 270,000 | $265,223 | |
PPL Capital Funding, Inc. (3 month LIBOR + 2.665%) (C) | 8.203 | 03-30-67 | 550,000 | 498,138 | |
Southern California Edison Company (3 month LIBOR + 4.199%) (B)(C) | 9.833 | 10-02-23 | 450,000 | 448,875 | |
Gas utilities 0.4% | |||||
AmeriGas Partners LP (A) | 9.375 | 06-01-28 | 273,000 | 279,833 | |
Superior Plus LP (A) | 4.500 | 03-15-29 | 245,000 | 215,595 | |
Independent power and renewable electricity producers 1.3% | |||||
Adani Green Energy, Ltd. (A) | 4.375 | 09-08-24 | 200,000 | 187,050 | |
Calpine Corp. (A) | 4.500 | 02-15-28 | 369,000 | 341,593 | |
India Clean Energy Holdings (A) | 4.500 | 04-18-27 | 300,000 | 252,549 | |
Talen Energy Supply LLC (A) | 8.625 | 06-01-30 | 172,000 | 179,088 | |
Vistra Corp. (7.000% to 12-15-26, then 5 Year CMT + 5.740%) (A)(B) | 7.000 | 12-15-26 | 325,000 | 300,807 | |
Vistra Corp. (8.000% to 10-15-26, then 5 Year CMT + 6.930%) (A)(B) | 8.000 | 10-15-26 | 320,000 | 305,812 | |
Multi-utilities 0.7% | |||||
CenterPoint Energy, Inc. (6.125% to 9-1-23, then 3 month LIBOR + 3.270%) (B) | 6.125 | 09-01-23 | 500,000 | 500,000 | |
Sempra (4.875% to 10-15-25, then 5 Year CMT + 4.550%) (B) | 4.875 | 10-15-25 | 300,000 | 283,737 | |
Convertible bonds 0.2% | $226,875 | ||||
(Cost $263,762) | |||||
Communication services 0.2% | 226,875 | ||||
Media 0.2% | |||||
DISH Network Corp. | 3.375 | 08-15-26 | 375,000 | 226,875 | |
Capital preferred securities 0.2% | $251,550 | ||||
(Cost $292,200) | |||||
Financials 0.2% | 251,550 | ||||
Insurance 0.2% | |||||
MetLife Capital Trust IV (7.875% to 12-15-37, then 3 month LIBOR + 3.960%) (A) | 7.875 | 12-15-67 | 240,000 | 251,550 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
Term loans (F) 1.8% | $2,090,246 | ||||
(Cost $2,140,589) | |||||
Communication services 0.7% | 834,489 | ||||
Diversified telecommunication services 0.2% | |||||
Zayo Group Holdings, Inc., 2022 USD Incremental Term Loan B (G) | TBD | 03-09-27 | 263,000 | 210,334 | |
Interactive media and services 0.2% | |||||
Arches Buyer, Inc., 2021 Term Loan B (1 month SOFR + 3.250%) | 8.681 | 12-06-27 | 313,107 | 304,055 | |
Media 0.3% | |||||
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month SOFR + 5.500%) | 10.945 | 09-01-27 | 330,000 | 320,100 | |
Financials 0.1% | 56,152 | ||||
Insurance 0.1% | |||||
HUB International, Ltd., 2023 Term Loan B (3 month SOFR + 4.250%) | 9.584 | 06-20-30 | 56,000 | 56,152 | |
Health care 0.4% | 502,062 | ||||
Health care providers and services 0.2% | |||||
Mamba Purchaser, Inc., 2021 Term Loan (1 month SOFR + 3.500%) | 8.946 | 10-16-28 | 208,472 | 207,847 | |
Pharmaceuticals 0.2% | |||||
Bausch Health Americas, Inc. , 2022 Term Loan B (1 month SOFR + 5.250%) | 10.664 | 02-01-27 | 361,000 | 294,215 | |
Industrials 0.5% | 593,268 | ||||
Ground transportation 0.1% | |||||
Uber Technologies, Inc., 2023 Term Loan B (3 month SOFR + 2.750%) | 8.009 | 03-03-30 | 174,125 | 174,313 | |
Passenger airlines 0.4% | |||||
AAdvantage Loyalty IP, Ltd., 2021 Term Loan (3 month SOFR + 4.750%) | 10.338 | 04-20-28 | 403,750 | 418,955 | |
Information technology 0.1% | 104,275 | ||||
Software 0.1% | |||||
Quest Software, Inc., 2022 Term Loan (3 month SOFR + 4.250%) | 9.769 | 02-01-29 | 127,710 | 104,275 |
22 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Collateralized mortgage obligations 0.4% | $420,162 | ||||
(Cost $411,250) | |||||
Commercial and residential 0.4% | 420,162 | ||||
BX Commercial Mortgage Trust | |||||
Series 2019-XL, Class F (1 month CME Term SOFR + 2.114%) (A)(C) | 7.425 | 10-15-36 | 425,000 | 420,162 | |
Asset backed securities 2.1% | $2,444,167 | ||||
(Cost $2,585,021) | |||||
Asset backed securities 2.1% | 2,444,167 | ||||
Concord Music Royalties LLC | |||||
Series 2022-1A, Class A2 (A) | 6.500 | 01-20-73 | 285,000 | 281,527 | |
CyrusOne Data Centers Issuer I LLC | |||||
Series 2023-1A, Class B (A) | 5.450 | 04-20-48 | 273,987 | 234,286 | |
Driven Brands Funding LLC | |||||
Series 2019-1A, Class A2 (A) | 4.641 | 04-20-49 | 520,475 | 492,328 | |
Jack in the Box Funding LLC | |||||
Series 2019-1A, Class A23 (A) | 4.970 | 08-25-49 | 121,875 | 110,409 | |
MVW LLC | |||||
Series 2023-1A, Class D (A) | 8.830 | 10-20-40 | 461,723 | 456,538 | |
Neighborly Issuer LLC | |||||
Series 2023-1A, Class A2 (A) | 7.308 | 01-30-53 | 425,860 | 416,296 | |
Sonic Capital LLC | |||||
Series 2020-1A, Class A2II (A) | 4.336 | 01-20-50 | 195,940 | 172,552 | |
VR Funding LLC | |||||
Series 2020-1A, Class A (A) | 2.790 | 11-15-50 | 319,679 | 280,231 | |
Shares | Value | ||||
Common stocks 30.6% | $35,815,082 | ||||
(Cost $36,146,330) | |||||
Communication services 2.0% | 2,330,148 | ||||
Diversified telecommunication services 1.5% | |||||
AT&T, Inc. | 26,084 | 385,782 | |||
BCE, Inc. | 5,496 | 232,823 | |||
HKT Trust & HKT, Ltd. | 31,132 | 33,176 | |||
Swisscom AG | 149 | 90,724 | |||
Telefonica SA | 41,311 | 171,179 | |||
Telia Company AB | 63,441 | 128,075 | |||
TELUS Corp. | 11,651 | 204,617 | |||
Verizon Communications, Inc. | 13,088 | 457,818 | |||
Media 0.3% | |||||
Comcast Corp., Class A | 8,844 | 413,545 | |||
Wireless telecommunication services 0.2% | |||||
SoftBank Corp. | 8,900 | 102,071 | |||
Tele2 AB, B Shares | 15,618 | 110,338 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 23 |
Shares | Value | ||||
Consumer discretionary 1.8% | $2,090,814 | ||||
Automobiles 0.3% | |||||
Bayerische Motoren Werke AG | 2,137 | 224,768 | |||
Ferrari NV | 169 | 53,584 | |||
Mercedes-Benz Group AG | 1,734 | 126,885 | |||
Distributors 0.4% | |||||
Genuine Parts Company | 2,700 | 415,071 | |||
Hotels, restaurants and leisure 0.4% | |||||
Evolution AB (A) | 398 | 43,046 | |||
Texas Roadhouse, Inc. | 4,247 | 442,113 | |||
Household durables 0.2% | |||||
Garmin, Ltd. | 2,693 | 285,512 | |||
Specialty retail 0.2% | |||||
The Home Depot, Inc. | 584 | 192,895 | |||
Textiles, apparel and luxury goods 0.3% | |||||
Cie Financiere Richemont SA, A Shares | 365 | 51,772 | |||
Hermes International SCA | 48 | 98,721 | |||
LVMH Moet Hennessy Louis Vuitton SE | 185 | 156,447 | |||
Consumer staples 2.3% | 2,714,759 | ||||
Consumer staples distribution and retail 0.2% | |||||
J Sainsbury PLC | 72,877 | 249,221 | |||
Food products 0.7% | |||||
Conagra Brands, Inc. | 12,074 | 360,771 | |||
Kellogg Company | 6,872 | 419,329 | |||
Household products 0.7% | |||||
Colgate-Palmolive Company | 2,309 | 169,642 | |||
Kimberly-Clark Corp. | 3,472 | 447,298 | |||
The Clorox Company | 1,257 | 196,658 | |||
Personal care products 0.2% | |||||
Unilever PLC | 5,000 | 255,346 | |||
Tobacco 0.5% | |||||
Altria Group, Inc. | 3,026 | 133,810 | |||
British American Tobacco PLC | 6,309 | 208,981 | |||
Japan Tobacco, Inc. | 12,500 | 273,703 | |||
Energy 1.5% | 1,758,722 | ||||
Oil, gas and consumable fuels 1.5% | |||||
Birchcliff Energy, Ltd. | 9,306 | 57,508 | |||
Chevron Corp. | 2,771 | 446,408 | |||
ENEOS Holdings, Inc. | 70,100 | 263,235 | |||
Exxon Mobil Corp. | 4,269 | 474,670 | |||
Peyto Exploration & Development Corp. | 6,260 | 58,143 | |||
The Williams Companies, Inc. | 9,193 | 317,434 |
24 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Woodside Energy Group, Ltd. | 5,920 | $141,324 | |||
Financials 4.1% | 4,790,039 | ||||
Banks 1.7% | |||||
Banco Bilbao Vizcaya Argentaria SA | 4,027 | 31,773 | |||
Bank Leumi Le-Israel BM | 11,041 | 85,706 | |||
Bank of Montreal | 386 | 33,244 | |||
BOC Hong Kong Holdings, Ltd. | 75,310 | 209,233 | |||
Canadian Imperial Bank of Commerce | 1,516 | 60,070 | |||
KBC Group NV | 1,139 | 74,730 | |||
KeyCorp | 9,378 | 106,253 | |||
M&T Bank Corp. | 1,175 | 146,934 | |||
Nordea Bank ABP | 10,546 | 115,534 | |||
Oversea-Chinese Banking Corp., Ltd. | 26,400 | 244,947 | |||
The Bank of Nova Scotia | 4,220 | 200,256 | |||
The Toronto-Dominion Bank | 761 | 46,419 | |||
Truist Financial Corp. | 1,775 | 54,226 | |||
U.S. Bancorp | 9,724 | 355,218 | |||
United Overseas Bank, Ltd. | 10,300 | 216,376 | |||
Capital markets 0.6% | |||||
abrdn PLC | 37,958 | 79,183 | |||
Daiwa Securities Group, Inc. | 44,700 | 254,193 | |||
DWS Group GmbH & Company KGaA (A) | 2,287 | 78,777 | |||
Nomura Holdings, Inc. | 26,500 | 102,598 | |||
Northern Trust Corp. | 789 | 60,019 | |||
Partners Group Holding AG | 121 | 130,426 | |||
Financial services 0.4% | |||||
Banca Mediolanum SpA | 7,907 | 72,162 | |||
Mitsubishi HC Capital, Inc. | 41,200 | 267,670 | |||
The Western Union Company | 12,549 | 154,980 | |||
Insurance 1.4% | |||||
Cincinnati Financial Corp. | 3,857 | 408,032 | |||
Everest Group, Ltd. | 598 | 215,687 | |||
MS&AD Insurance Group Holdings, Inc. | 6,900 | 247,790 | |||
Sompo Holdings, Inc. | 5,200 | 226,291 | |||
The Allstate Corp. | 2,455 | 264,674 | |||
Zurich Insurance Group AG | 526 | 246,638 | |||
Health care 4.4% | 5,144,966 | ||||
Biotechnology 1.1% | |||||
AbbVie, Inc. | 2,735 | 401,936 | |||
Amgen, Inc. | 1,551 | 397,583 | |||
Gilead Sciences, Inc. | 5,728 | 438,077 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 25 |
Shares | Value | ||||
Health care (continued) | |||||
Health care equipment and supplies 0.4% | |||||
Abbott Laboratories | 553 | $56,904 | |||
Medtronic PLC | 5,399 | 440,019 | |||
Straumann Holding AG | 215 | 32,506 | |||
Health care providers and services 0.6% | |||||
Cardinal Health, Inc. | 3,940 | 344,080 | |||
CVS Health Corp. | 5,489 | 357,718 | |||
Life sciences tools and services 0.0% | |||||
Sartorius Stedim Biotech | 127 | 36,019 | |||
Pharmaceuticals 2.3% | |||||
AstraZeneca PLC | 239 | 32,103 | |||
Bristol-Myers Squibb Company | 6,983 | 430,502 | |||
GSK PLC | 14,706 | 257,589 | |||
Johnson & Johnson | 2,940 | 475,339 | |||
Merck & Company, Inc. | 4,465 | 486,596 | |||
Novo Nordisk A/S, B Shares | 854 | 157,523 | |||
Orion OYJ, Class B | 4,488 | 183,427 | |||
Pfizer, Inc. | 10,365 | 366,714 | |||
Takeda Pharmaceutical Company, Ltd. | 8,100 | 250,331 | |||
Industrials 3.4% | 3,963,598 | ||||
Air freight and logistics 0.8% | |||||
CH Robinson Worldwide, Inc. | 4,684 | 423,574 | |||
DHL Group | 1,381 | 64,400 | |||
United Parcel Service, Inc., Class B | 2,432 | 411,981 | |||
Building products 0.1% | |||||
Xinyi Glass Holdings, Ltd. | 87,612 | 129,245 | |||
Electrical equipment 0.1% | |||||
Schneider Electric SE | 690 | 118,272 | |||
Ground transportation 0.1% | |||||
ALD SA (A) | 14,388 | 139,088 | |||
Industrial conglomerates 0.6% | |||||
3M Company | 3,846 | 410,253 | |||
CK Hutchison Holdings, Ltd. | 39,578 | 215,700 | |||
Siemens AG | 798 | 119,884 | |||
Machinery 0.7% | |||||
Atlas Copco AB, A Shares | 3,380 | 44,688 | |||
Cummins, Inc. | 1,828 | 420,513 | |||
Metso OYJ | 2,841 | 32,630 | |||
Parker-Hannifin Corp. | 149 | 62,118 | |||
Snap-on, Inc. | 743 | 199,570 | |||
VAT Group AG (A) | 251 | 100,311 |
26 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Industrials (continued) | |||||
Marine transportation 0.1% | |||||
Kuehne + Nagel International AG | 270 | $81,120 | |||
Professional services 0.5% | |||||
Adecco Group AG | 1,429 | 61,469 | |||
Paychex, Inc. | 3,846 | 470,097 | |||
Trading companies and distributors 0.4% | |||||
Fastenal Company | 4,878 | 280,875 | |||
Sumitomo Corp. | 7,200 | 148,078 | |||
Transportation infrastructure 0.0% | |||||
Westshore Terminals Investment Corp. | 1,381 | 29,732 | |||
Information technology 6.8% | 7,947,032 | ||||
Communications equipment 0.4% | |||||
Cisco Systems, Inc. | 8,245 | 472,851 | |||
Electronic equipment, instruments and components 0.3% | |||||
Corning, Inc. | 5,245 | 172,141 | |||
Venture Corp., Ltd. | 14,300 | 138,604 | |||
IT services 0.8% | |||||
Accenture PLC, Class A | 1,453 | 470,438 | |||
Capgemini SE | 279 | 52,067 | |||
IBM Corp. | 3,195 | 469,122 | |||
Semiconductors and semiconductor equipment 2.3% | |||||
Analog Devices, Inc. | 633 | 115,067 | |||
ASM International NV | 77 | 37,065 | |||
ASML Holding NV | 330 | 216,984 | |||
BE Semiconductor Industries NV | 476 | 54,638 | |||
Broadcom, Inc. | 534 | 492,823 | |||
Infineon Technologies AG | 2,054 | 73,401 | |||
Intel Corp. | 14,354 | 504,400 | |||
NVIDIA Corp. | 1,286 | 634,705 | |||
STMicroelectronics NV | 739 | 34,877 | |||
Texas Instruments, Inc. | 2,493 | 418,974 | |||
Tokyo Electron, Ltd. | 400 | 59,410 | |||
Software 2.4% | |||||
Constellation Software, Inc. | 21 | 43,135 | |||
Dassault Systemes SE | 1,034 | 40,978 | |||
Microsoft Corp. | 4,257 | 1,395,263 | |||
Nemetschek SE | 666 | 45,998 | |||
Oracle Corp. | 4,059 | 488,663 | |||
Oracle Corp. | 3,500 | 244,465 | |||
Roper Technologies, Inc. | 990 | 494,069 | |||
SAP SE | 803 | 112,022 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 27 |
Shares | Value | ||||
Information technology (continued) | |||||
Technology hardware, storage and peripherals 0.6% | |||||
Apple, Inc. | 3,539 | $664,872 | |||
Materials 1.5% | 1,781,711 | ||||
Chemicals 0.8% | |||||
Air Products & Chemicals, Inc. | 565 | 166,952 | |||
ICL Group, Ltd. | 37,360 | 223,256 | |||
Sumitomo Chemical Company, Ltd. | 63,100 | 174,681 | |||
Tosoh Corp. | 19,700 | 254,914 | |||
Wacker Chemie AG | 514 | 75,707 | |||
Construction materials 0.1% | |||||
Holcim, Ltd. (H) | 2,410 | 159,374 | |||
Containers and packaging 0.3% | |||||
Packaging Corp. of America | 2,394 | 356,945 | |||
Metals and mining 0.3% | |||||
BHP Group, Ltd. | 5,608 | 161,220 | |||
Fortescue Metals Group, Ltd. | 3,743 | 51,531 | |||
Norsk Hydro ASA | 11,876 | 65,709 | |||
Rio Tinto PLC | 476 | 29,314 | |||
Southern Copper Corp. | 770 | 62,108 | |||
Real estate 0.6% | 673,676 | ||||
Health care REITs 0.3% | |||||
Medical Properties Trust, Inc. | 43,208 | 311,962 | |||
Industrial REITs 0.1% | |||||
CapitaLand Ascendas REIT | 39,000 | 79,876 | |||
Mapletree Logistics Trust | 65,800 | 81,753 | |||
Real estate management and development 0.2% | |||||
CK Asset Holdings, Ltd. | 36,262 | 200,085 | |||
Utilities 2.2% | 2,619,617 | ||||
Electric utilities 1.0% | |||||
Alliant Energy Corp. | 6,527 | 327,460 | |||
Endesa SA | 11,678 | 242,528 | |||
Power Assets Holdings, Ltd. | 19,306 | 95,034 | |||
Redeia Corp. SA | 8,178 | 132,805 | |||
The Southern Company | 830 | 56,216 | |||
Xcel Energy, Inc. | 6,962 | 397,739 | |||
Gas utilities 0.4% | |||||
Enagas SA | 11,438 | 195,190 | |||
Snam SpA | 49,714 | 256,542 | |||
Multi-utilities 0.8% | |||||
Algonquin Power & Utilities Corp. | 13,400 | 358,986 |
28 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Utilities (continued) | |||||
Multi-utilities (continued) | |||||
CMS Energy Corp. | 7,643 | $429,460 | |||
National Grid PLC | 10,227 | 127,657 | |||
Preferred securities 2.9% | $3,422,581 | ||||
(Cost $3,797,702) | |||||
Communication services 0.3% | 350,175 | ||||
Wireless telecommunication services 0.3% | |||||
Telephone & Data Systems, Inc., 6.625% | 20,125 | 350,175 | |||
Consumer discretionary 0.1% | 88,600 | ||||
Broadline retail 0.1% | |||||
Qurate Retail, Inc., 8.000% | 2,500 | 88,600 | |||
Financials 1.4% | 1,712,402 | ||||
Banks 0.3% | |||||
Huntington Bancshares, Inc., Series J, 6.875% (6.875% to 4-15-28, then 5 Year CMT + 2.704%) | 16,025 | 387,485 | |||
Financial services 0.3% | |||||
Apollo Global Management, Inc., 7.625% (7.625% to 9-15-28, then 5 Year CMT + 3.226%) | 14,600 | 378,724 | |||
Insurance 0.8% | |||||
Reinsurance Group of America, Inc., 7.125% (7.125% to 10-15-27, then 5 Year CMT + 3.456%) | 26,575 | 690,950 | |||
The Allstate Corp., 7.375% | 9,650 | 255,243 | |||
Industrials 0.1% | 159,988 | ||||
Trading companies and distributors 0.1% | |||||
FTAI Aviation, Ltd., 8.250% (8.250% to 6-15-26, then 5 Year CMT + 7.378%) | 6,725 | 159,988 | |||
Real estate 0.2% | 203,137 | ||||
Hotel and resort REITs 0.2% | |||||
Pebblebrook Hotel Trust, 6.375% | 10,275 | 203,137 | |||
Utilities 0.8% | 908,279 | ||||
Electric utilities 0.3% | |||||
NextEra Energy, Inc., 6.926% | 7,750 | 327,825 | |||
Independent power and renewable electricity producers 0.1% | |||||
The AES Corp., 6.875% | 2,000 | 143,100 | |||
Multi-utilities 0.4% | |||||
Algonquin Power & Utilities Corp., 6.200% (6.200% to 7-1-24, then 3 month LIBOR + 4.010%) | 9,025 | 218,856 | |||
NiSource, Inc., 6.500% (6.500% to 3-15-24, then 5 Year CMT + 3.632%) | 8,775 | 218,498 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 29 |
Shares | Value | ||||
Rights 0.0% | $12 | ||||
(Cost $9) | |||||
Constellation Software, Inc. (Expiration Date: 10-2-23; Strike Price: CAD 133.00) (H) | 21 | 12 | |||
Warrants 0.0% | $0 | ||||
(Cost $0) | |||||
Constellation Software, Inc. (Expiration Date: 3-31-40) (H)(I)(J) | 21 | 0 | |||
Yield* (%) | Maturity date | Par value^ | Value | ||
Short-term investments 5.3% | $6,246,968 | ||||
(Cost $6,246,899) | |||||
U.S. Government 2.1% | 2,479,776 | ||||
U.S. Treasury Bill (K) | 5.181 | 10-26-23 | 2,500,000 | 2,479,776 |
Yield (%) | Shares | Value | |||
Short-term funds 3.2% | 3,767,192 | ||||
John Hancock Collateral Trust (L) | 5.4789(M) | 376,847 | 3,767,192 |
Total investments (Cost $125,371,123) 99.2% | $116,103,531 | ||||
Other assets and liabilities, net 0.8% | 915,378 | ||||
Total net assets 100.0% | $117,018,909 |
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 |
CAD | Canadian Dollar |
EUR | Euro |
MXN | Mexican Peso |
Security Abbreviations and Legend | |
CME | Chicago Mercantile Exchange |
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 $42,263,526 or 36.1% of the fund’s net assets as of 8-31-23. |
(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) | Non-income producing - Issuer is in default. |
(E) | All or a portion of this security is on loan as of 8-31-23. |
(F) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
30 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
(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) | Non-income producing security. |
(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) | Strike price and/or expiration date not available. |
(K) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(L) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $71,573. |
(M) | The rate shown is the annualized seven-day yield as of 8-31-23. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 31 |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
EUR | 52,000 | USD | 57,744 | JPM | 9/20/2023 | — | $(1,317) |
MXN | 350,000 | USD | 19,363 | MSCS | 9/20/2023 | $1,111 | — |
USD | 1,202,632 | EUR | 1,090,925 | CITI | 9/20/2023 | 18,843 | — |
USD | 54,459 | EUR | 50,000 | SSB | 9/20/2023 | 203 | — |
USD | 616,595 | MXN | 11,210,000 | GSI | 9/20/2023 | — | (39,151) |
$20,157 | $(40,468) |
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 | 42.00 | Sep 2023 | 14 | 1,400 | $350 | $(21) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 41.00 | Sep 2023 | 18 | 1,800 | 269 | (36) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 39.50 | Sep 2023 | 18 | 1,800 | 575 | (621) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 40.50 | Sep 2023 | 14 | 1,400 | 364 | (147) |
$1,558 | $(825) | |||||||
Puts | ||||||||
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 39.50 | Sep 2023 | 52 | 5,200 | $4,561 | $(2,600) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 38.50 | Sep 2023 | 53 | 5,300 | 3,708 | (1,087) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 39.00 | Sep 2023 | 26 | 2,600 | 1,377 | (1,196) |
Exchange-traded | iShares MSCI Emerging Markets ETF | USD | 39.50 | Sep 2023 | 26 | 2,600 | 1,949 | (1,690) |
$11,595 | $(6,573) | |||||||
$13,153 | $(7,398) |
Options on index | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls | ||||||||
UBS | FTSE 100 Index | GBP | 7,650.00 | Sep 2023 | 3 | 3 | $96 | — |
GSI | FTSE 100 Index | GBP | 7,650.00 | Sep 2023 | 4 | 4 | 165 | $(11) |
GSI | FTSE 100 Index | GBP | 7,600.00 | Sep 2023 | 2 | 2 | 77 | (13) |
UBS | Nikkei 225 Index | JPY | 33,000.00 | Sep 2023 | 470 | 470 | 816 | (29) |
32 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Options on index (continued) | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
GSI | Nikkei 225 Index | JPY | 33,000.00 | Sep 2023 | 219 | 219 | $236 | $(173) |
UBS | Nikkei 225 Index | JPY | 32,375.00 | Sep 2023 | 479 | 479 | 754 | (1,684) |
UBS | Nikkei 225 Index | JPY | 32,875.00 | Sep 2023 | 483 | 483 | 811 | (1,115) |
$2,955 | $(3,025) | |||||||
Exchange-traded | EURO STOXX 50 Index | EUR | 4,425.00 | Sep 2023 | 4 | 40 | 1,404 | (9) |
Exchange-traded | EURO STOXX 50 Index | EUR | 4,425.00 | Sep 2023 | 4 | 40 | 1,345 | (130) |
Exchange-traded | EURO STOXX 50 Index | EUR | 4,375.00 | Sep 2023 | 4 | 40 | 1,254 | (933) |
Exchange-traded | EURO STOXX 50 Index | EUR | 4,375.00 | Sep 2023 | 4 | 40 | 1,195 | (1,275) |
Exchange-traded | FTSE 100 Index | GBP | 7,450.00 | Sep 2023 | 1 | 10 | 464 | (801) |
Exchange-traded | S&P 500 Index | USD | 4,600.00 | Sep 2023 | 3 | 300 | 7,017 | (23) |
Exchange-traded | S&P 500 Index | USD | 4,550.00 | Sep 2023 | 1 | 100 | 2,599 | (1,185) |
Exchange-traded | S&P 500 Index | USD | 4,480.00 | Sep 2023 | 2 | 200 | 5,850 | (12,111) |
Exchange-traded | S&P 500 Index | USD | 4,525.00 | Sep 2023 | 2 | 200 | 4,978 | (9,500) |
$26,106 | $(25,967) | |||||||
Puts | ||||||||
UBS | FTSE 100 Index | GBP | 7,525.00 | Sep 2023 | 6 | 6 | $729 | $(649) |
GSI | FTSE 100 Index | GBP | 7,500.00 | Sep 2023 | 6 | 6 | 761 | (596) |
GSI | FTSE 100 Index | GBP | 7,475.00 | Sep 2023 | 6 | 6 | 717 | (478) |
UBS | Nikkei 225 Index | JPY | 32,250.00 | Sep 2023 | 364 | 364 | 1,388 | (30) |
GSI | Nikkei 225 Index | JPY | 32,125.00 | Sep 2023 | 372 | 372 | 1,315 | (254) |
UBS | Nikkei 225 Index | JPY | 31,500.00 | Sep 2023 | 374 | 374 | 1,021 | (193) |
UBS | Nikkei 225 Index | JPY | 32,125.00 | Sep 2023 | 370 | 370 | 1,147 | (671) |
$7,078 | $(2,871) | |||||||
Exchange-traded | EURO STOXX 50 Index | EUR | 4,325.00 | Sep 2023 | 3 | 30 | 2,209 | (779) |
Exchange-traded | EURO STOXX 50 Index | EUR | 4,325.00 | Sep 2023 | 3 | 30 | 2,256 | (1,344) |
Exchange-traded | EURO STOXX 50 Index | EUR | 4,275.00 | Sep 2023 | 3 | 30 | 2,548 | (1,104) |
Exchange-traded | EURO STOXX 50 Index | EUR | 4,275.00 | Sep 2023 | 3 | 30 | 2,205 | (1,425) |
Exchange-traded | FTSE 100 Index | GBP | 7,300.00 | Sep 2023 | 1 | 10 | 1,224 | (295) |
Exchange-traded | S&P 500 Index | USD | 4,500.00 | Sep 2023 | 2 | 200 | 11,767 | (1,700) |
Exchange-traded | S&P 500 Index | USD | 4,470.00 | Sep 2023 | 2 | 200 | 12,532 | (2,250) |
Exchange-traded | S&P 500 Index | USD | 4,400.00 | Sep 2023 | 2 | 200 | 12,652 | (1,750) |
Exchange-traded | S&P 500 Index | USD | 4,440.00 | Sep 2023 | 2 | 200 | 11,818 | (4,740) |
$59,211 | $(15,387) | |||||||
$95,350 | $(47,250) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 33 |
Derivatives Currency Abbreviations | |
EUR | Euro |
GBP | Pound Sterling |
JPY | Japanese Yen |
MXN | Mexican Peso |
USD | U.S. Dollar |
Derivatives Abbreviations | |
CITI | Citibank, N.A. |
GSI | Goldman Sachs International |
JPM | JPMorgan Chase Bank, N.A. |
MSCS | Morgan Stanley Capital Services LLC |
OTC | Over-the-counter |
SSB | State Street Bank and Trust Company |
UBS | UBS AG |
34 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $121,604,435) including $69,680 of securities loaned | $112,336,339 |
Affiliated investments, at value (Cost $3,766,688) | 3,767,192 |
Total investments, at value (Cost $125,371,123) | 116,103,531 |
Unrealized appreciation on forward foreign currency contracts | 20,157 |
Cash | 3,083 |
Foreign currency, at value (Cost $274,985) | 276,390 |
Dividends and interest receivable | 1,379,622 |
Receivable for investments sold | 609,484 |
Receivable for securities lending income | 598 |
Receivable from affiliates | 836 |
Other assets | 19,885 |
Total assets | 118,413,586 |
Liabilities | |
Unrealized depreciation on forward foreign currency contracts | 40,468 |
Written options, at value (Premiums received $108,503) | 54,648 |
Payable for investments purchased | 912,823 |
Payable for fund shares repurchased | 276,175 |
Payable upon return of securities loaned | 71,690 |
Payable to affiliates | |
Accounting and legal services fees | 6,040 |
Transfer agent fees | 648 |
Trustees’ fees | 8 |
Other liabilities and accrued expenses | 32,177 |
Total liabilities | 1,394,677 |
Net assets | $117,018,909 |
Net assets consist of | |
Paid-in capital | $136,293,157 |
Total distributable earnings (loss) | (19,274,248) |
Net assets | $117,018,909 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 35 |
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 ($5,581,376 ÷ 662,773 shares)1 | $8.42 |
Class C ($478,233 ÷ 57,097 shares)1 | $8.38 |
Class I ($361,685 ÷ 42,904 shares) | $8.43 |
Class R6 ($1,156,515 ÷ 137,012 shares) | $8.44 |
Class NAV ($109,441,100 ÷ 12,283,335 shares) | $8.91 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95.5%)2 | $8.82 |
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. |
36 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Interest | $5,142,237 |
Dividends | 1,660,526 |
Dividends from affiliated investments | 210,399 |
Securities lending | 9,470 |
Less foreign taxes withheld | (67,819) |
Total investment income | 6,954,813 |
Expenses | |
Investment management fees | 498,166 |
Distribution and service fees | 17,218 |
Accounting and legal services fees | 24,530 |
Transfer agent fees | 6,583 |
Trustees’ fees | 2,939 |
Custodian fees | 60,593 |
State registration fees | 66,327 |
Printing and postage | 14,296 |
Professional fees | 56,777 |
Other | 21,528 |
Total expenses | 768,957 |
Less expense reductions | (128,242) |
Net expenses | 640,715 |
Net investment income | 6,314,098 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | (5,521,369) |
Affiliated investments | (195) |
Forward foreign currency contracts | (173,928) |
Written options | 54,729 |
(5,640,763) | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | 3,995,609 |
Affiliated investments | 625 |
Forward foreign currency contracts | (26,717) |
Written options | 160,440 |
4,129,957 | |
Net realized and unrealized loss | (1,510,806) |
Increase in net assets from operations | $4,803,292 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 37 |
Year ended 8-31-23 | Year ended 8-31-22 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $6,314,098 | $6,307,828 |
Net realized gain (loss) | (5,640,763) | 2,085,582 |
Change in net unrealized appreciation (depreciation) | 4,129,957 | (21,288,617) |
Increase (decrease) in net assets resulting from operations | 4,803,292 | (12,895,207) |
Distributions to shareholders | ||
From earnings | ||
Class A | (297,236) | (432,946) |
Class C | (30,902) | (61,711) |
Class I | (27,389) | (61,703) |
Class R6 | (70,231) | (71,967) |
Class NAV | (7,141,424) | (13,698,738) |
Total distributions | (7,567,182) | (14,327,065) |
From fund share transactions | (4,623,223) | (5,489,729) |
Total decrease | (7,387,113) | (32,712,001) |
Net assets | ||
Beginning of year | 124,406,022 | 157,118,023 |
End of year | $117,018,909 | $124,406,022 |
38 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $8.65 | $10.52 | $9.86 | $9.88 | $9.67 |
Net investment income1 | 0.43 | 0.39 | 0.37 | 0.30 | 0.31 |
Net realized and unrealized gain (loss) on investments | (0.12) | (1.28) | 0.84 | (0.11) | 0.21 |
Total from investment operations | 0.31 | (0.89) | 1.21 | 0.19 | 0.52 |
Less distributions | |||||
From net investment income | (0.47) | (0.44) | (0.47) | (0.21) | (0.31) |
From net realized gain | (0.07) | (0.54) | (0.08) | — | — |
Total distributions | (0.54) | (0.98) | (0.55) | (0.21) | (0.31) |
Net asset value, end of period | $8.42 | $8.65 | $10.52 | $9.86 | $9.88 |
Total return (%)2,3 | 3.76 | (9.20) | 12.67 | 1.96 | 5.52 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $6 | $4 | $5 | $5 | $5 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.99 | 0.95 | 1.00 | 1.594 | 3.884 |
Expenses including reductions | 0.89 | 0.89 | 0.89 | 0.904 | 0.624 |
Net investment income | 5.02 | 4.09 | 3.62 | 2.98 | 3.20 |
Portfolio turnover (%) | 59 | 55 | 79 | 42 | 29 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
4 | 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 | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 39 |
CLASS C SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $8.60 | $10.47 | $9.81 | $9.85 | $9.64 |
Net investment income1 | 0.36 | 0.32 | 0.29 | 0.23 | 0.24 |
Net realized and unrealized gain (loss) on investments | (0.11) | (1.28) | 0.84 | (0.11) | 0.21 |
Total from investment operations | 0.25 | (0.96) | 1.13 | 0.12 | 0.45 |
Less distributions | |||||
From net investment income | (0.40) | (0.37) | (0.39) | (0.16) | (0.24) |
From net realized gain | (0.07) | (0.54) | (0.08) | — | — |
Total distributions | (0.47) | (0.91) | (0.47) | (0.16) | (0.24) |
Net asset value, end of period | $8.38 | $8.60 | $10.47 | $9.81 | $9.85 |
Total return (%)2,3 | 3.08 | (9.88) | 11.75 | 1.24 | 4.80 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—4 | $1 | $1 | $1 | $1 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.74 | 1.70 | 1.75 | 2.305 | 4.585 |
Expenses including reductions | 1.64 | 1.64 | 1.64 | 1.625 | 1.325 |
Net investment income | 4.20 | 3.35 | 2.87 | 2.27 | 2.51 |
Portfolio turnover (%) | 59 | 55 | 79 | 42 | 29 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
4 | Less than $500,000. |
5 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
40 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $8.66 | $10.54 | $9.88 | $9.89 | $9.67 |
Net investment income1 | 0.44 | 0.42 | 0.40 | 0.33 | 0.34 |
Net realized and unrealized gain (loss) on investments | (0.11) | (1.29) | 0.83 | (0.11) | 0.22 |
Total from investment operations | 0.33 | (0.87) | 1.23 | 0.22 | 0.56 |
Less distributions | |||||
From net investment income | (0.49) | (0.47) | (0.49) | (0.23) | (0.34) |
From net realized gain | (0.07) | (0.54) | (0.08) | — | — |
Total distributions | (0.56) | (1.01) | (0.57) | (0.23) | (0.34) |
Net asset value, end of period | $8.43 | $8.66 | $10.54 | $9.88 | $9.89 |
Total return (%)2 | 4.03 | (8.96) | 12.83 | 2.28 | 5.94 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—3 | $1 | $1 | $—3 | $—3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.74 | 0.70 | 0.75 | 1.304 | 3.604 |
Expenses including reductions | 0.63 | 0.64 | 0.64 | 0.624 | 0.344 |
Net investment income | 5.11 | 4.50 | 3.87 | 3.29 | 3.50 |
Portfolio turnover (%) | 59 | 55 | 79 | 42 | 29 |
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 | Less than $500,000. |
4 | 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 | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 41 |
CLASS R6 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $8.67 | $10.55 | $9.89 | $9.89 | $9.68 |
Net investment income1 | 0.46 | 0.43 | 0.41 | 0.35 | 0.34 |
Net realized and unrealized gain (loss) on investments | (0.12) | (1.29) | 0.84 | (0.11) | 0.22 |
Total from investment operations | 0.34 | (0.86) | 1.25 | 0.24 | 0.56 |
Less distributions | |||||
From net investment income | (0.50) | (0.48) | (0.51) | (0.24) | (0.35) |
From net realized gain | (0.07) | (0.54) | (0.08) | — | — |
Total distributions | (0.57) | (1.02) | (0.59) | (0.24) | (0.35) |
Net asset value, end of period | $8.44 | $8.67 | $10.55 | $9.89 | $9.89 |
Total return (%)2 | 4.14 | (8.85) | 12.95 | 2.46 | 5.94 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1 | $1 | $1 | $—3 | $—3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.64 | 0.60 | 0.65 | 1.194 | 3.484 |
Expenses including reductions | 0.53 | 0.53 | 0.53 | 0.504 | 0.224 |
Net investment income | 5.37 | 4.60 | 3.99 | 3.45 | 3.53 |
Portfolio turnover (%) | 59 | 55 | 79 | 42 | 29 |
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 | Less than $500,000. |
4 | Ratios do not include expenses indirectly incurred from underlying funds and can vary based on the mix of underlying funds held by the fund. |
42 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS NAV SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-201 |
Per share operating performance | ||||
Net asset value, beginning of period | $9.12 | $11.04 | $10.32 | $10.00 |
Net investment income2 | 0.48 | 0.45 | 0.43 | 0.09 |
Net realized and unrealized gain (loss) on investments | (0.12) | (1.35) | 0.88 | 0.28 |
Total from investment operations | 0.36 | (0.90) | 1.31 | 0.37 |
Less distributions | ||||
From net investment income | (0.50) | (0.48) | (0.51) | (0.05) |
From net realized gain | (0.07) | (0.54) | (0.08) | — |
Total distributions | (0.57) | (1.02) | (0.59) | (0.05) |
Net asset value, end of period | $8.91 | $9.12 | $11.04 | $10.32 |
Total return (%)3 | 4.17 | (8.81) | 13.00 | 3.674 |
Ratios and supplemental data | ||||
Net assets, end of period (in millions) | $109 | $118 | $151 | $142 |
Ratios (as a percentage of average net assets): | ||||
Expenses before reductions | 0.63 | 0.59 | 0.64 | 1.175 |
Expenses including reductions | 0.52 | 0.52 | 0.52 | 0.495 |
Net investment income | 5.34 | 4.44 | 3.98 | 3.775 |
Portfolio turnover (%) | 59 | 55 | 79 | 426 |
1 | The inception date for Class NAV shares is 6-4-20. |
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 | The portfolio turnover is shown for the period from 9-1-19 to 8-31-20. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 43 |
44 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
Total value at 8-31-23 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $334,029 | — | $334,029 | — |
Foreign government obligations | 247,174 | — | 247,174 | — |
Corporate bonds | 64,604,685 | — | 64,604,685 | — |
Convertible bonds | 226,875 | — | 226,875 | — |
Capital preferred securities | 251,550 | — | 251,550 | — |
Term loans | 2,090,246 | — | 2,090,246 | — |
Collateralized mortgage obligations | 420,162 | — | 420,162 | — |
Asset backed securities | 2,444,167 | — | 2,444,167 | — |
Common stocks | 35,815,082 | $24,426,391 | 11,388,691 | — |
Preferred securities | 3,422,581 | 3,422,581 | — | — |
Rights | 12 | 12 | — | — |
Warrants | — | — | — | — |
Short-term investments | 6,246,968 | 3,767,192 | 2,479,776 | — |
Total investments in securities | $116,103,531 | $31,616,176 | $84,487,355 | — |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 45 |
Total value at 8-31-23 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Derivatives: | ||||
Assets | ||||
Forward foreign currency contracts | $20,157 | — | $20,157 | — |
Liabilities | ||||
Forward foreign currency contracts | (40,468) | — | (40,468) | — |
Written options | (54,648) | $(48,752) | (5,896) | — |
Level 3 includes securities valued at $0. Refer to Fund’s investments. |
46 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 47 |
August 31, 2023 | August 31, 2022 | |
Ordinary income | $6,694,483 | $12,311,155 |
Long-term capital gains | 872,699 | 2,015,910 |
Total | $7,567,182 | $14,327,065 |
48 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 49 |
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 | $20,157 | $(40,468) |
Equity | Written options, at value | Written options | — | (54,648) |
$20,157 | $(95,116) |
50 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
Statement of operations location - Net realized gain (loss) on: | ||||
Risk | Unaffiliated investments and foreign currency transactions1 | Forward foreign currency contracts | Written options | Total |
Currency | — | $(173,928) | — | $(173,928) |
Equity | $(11,275) | — | $54,729 | 43,454 |
Total | $(11,275) | $(173,928) | $54,729 | $(130,474) |
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 | Forward foreign currency contracts | Written options | Total |
Currency | $(26,717) | — | $(26,717) |
Equity | — | $160,440 | 160,440 |
Total | $(26,717) | $160,440 | $133,723 |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 51 |
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% |
Class | Expense reduction |
Class A | $5,174 |
Class C | 590 |
Class I | 438 |
Class | Expense reduction |
Class R6 | $1,152 |
Class NAV | 120,888 |
Total | $128,242 |
52 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
Class | Rule 12b-1 Fee |
Class A | 0.25% |
Class C | 1.00% |
Class | Distribution and service fees | Transfer agent fees |
Class A | $11,695 | $5,400 |
Class C | 5,523 | 635 |
Class I | — | 470 |
Class R6 | — | 78 |
Total | $17,218 | $6,583 |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 53 |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 297,970 | $2,539,095 | 84,515 | $797,434 |
Distributions reinvested | 35,069 | 295,929 | 44,546 | 427,604 |
Repurchased | (129,132) | (1,099,132) | (101,284) | (946,473) |
Net increase | 203,907 | $1,735,892 | 27,777 | $278,565 |
Class C shares | ||||
Sold | 8,679 | $74,376 | 4,420 | $43,124 |
Distributions reinvested | 3,677 | 30,820 | 6,442 | 61,530 |
Repurchased | (28,565) | (244,581) | (6,834) | (69,055) |
Net increase (decrease) | (16,209) | $(139,385) | 4,028 | $35,599 |
Class I shares | ||||
Sold | 5,960 | $50,410 | 99,588 | $908,217 |
Distributions reinvested | 3,246 | 27,389 | 6,523 | 61,703 |
Repurchased | (82,027) | (709,995) | (38,443) | (349,159) |
Net increase (decrease) | (72,821) | $(632,196) | 67,668 | $620,761 |
Class R6 shares | ||||
Sold | 26,373 | $226,553 | 61,171 | $580,751 |
Distributions reinvested | 8,307 | 70,231 | 7,568 | 71,967 |
Repurchased | (8,822) | (75,870) | (11,444) | (113,071) |
Net increase | 25,858 | $220,914 | 57,295 | $539,647 |
Class NAV shares | ||||
Sold | 79,004 | $714,062 | 180,242 | $1,715,000 |
Distributions reinvested | 801,656 | 7,141,424 | 1,354,715 | 13,698,738 |
Repurchased | (1,519,735) | (13,663,934) | (2,266,769) | (22,378,039) |
Net decrease | (639,075) | $(5,808,448) | (731,812) | $(6,964,301) |
Total net decrease | (498,340) | $(4,623,223) | (575,044) | $(5,489,729) |
54 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 33.6% |
John Hancock Funds II Multimanager Lifestyle Conservative Portfolio | 30.4% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 29.5% |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
John Hancock Collateral Trust* | 376,847 | $4,934,448 | $47,171,190 | $(48,338,876) | $(195) | $625 | $219,869 | — | $3,767,192 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
ANNUAL REPORT | JOHN HANCOCK Multi-Asset High Income Fund | 55 |
56 | JOHN HANCOCK Multi-Asset High Income Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 57 |
58 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 59 |
(a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
(b) | the background, qualifications and skills of the Advisor’s personnel; |
(c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
(d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
(e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; |
60 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
(a) | reviewed information prepared by management regarding the fund’s performance; |
(b) | considered the comparative performance of an applicable benchmark index; |
(c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
(d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 61 |
(a) | reviewed financial information of the Advisor; |
(b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
(c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
(d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
(e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
(f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
(g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
(h) | noted that the fund’s Subadvisor is an affiliate of the Advisor; |
(i) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
(j) | noted that the subadvisory fee for the fund is paid by the Advisor; |
(k) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
(l) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
62 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
(a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
(b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that certain breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
(c) | the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale |
(1) | information relating to the Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex); |
(2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; |
(3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third-party provider of fund data. |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 63 |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
64 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 65 |
• | The Fund did not experience any breaches of the 15% limit on illiquid investments, or any applicable HLIM, that would require reporting to the Securities and Exchange Commission; |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
66 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan,2 Born: 1945 | 2005 | 186 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 183 |
Trustee | ||
Board Member, United of Omaha Life Insurance Company (since 2022). Board Member, Mutual of Omaha Investor Services, Inc. (since 2022). Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
William H. Cunningham,3 Born: 1944 | 2012 | 184 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 183 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). Trustee of various trusts within the John Hancock Fund Complex (since 2022). | ||
Grace K. Fey, Born: 1946 | 2008 | 186 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Dean C. Garfield,* Born: 1968 | 2022 | 183 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 67 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Deborah C. Jackson, Born: 1952 | 2012 | 185 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 183 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,3 Born: 1960 | 2020 | 183 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). | ||
Gregory A. Russo, Born: 1949 | 2012 | 183 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
68 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Non-Independent Trustees4 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 184 |
Non-Independent Trustee | ||
Global Head of Retail for Manulife (since 2022); Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (2018-2023); Director and Chairman, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Chairman, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); Director and Chairman, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (2007-2023, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Paul Lorentz,† Born: 1968 | 2022 | 183 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Kristie M. Feinberg, Born: 1975 | 2023 |
President | |
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2023); CFO and Global Head of Strategy, Manulife Investment Management (2021-2023, including prior positions); CFO Americas & Global Head of Treasury, Invesco, Ltd., Invesco US (2019-2020, including prior positions); Senior Vice President, Corporate Treasurer and Business Controller, Oppenheimer Funds (2001-2019, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2023). | |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 69 |
Principal officers who are not Trustees (continued) | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is duly elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee as of September 26, 2023. |
3 | Member of the Audit Committee. |
4 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
70 | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Deborah C. Jackson
Patricia Lizarraga*,^,§
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 |
ANNUAL REPORT | JOHN HANCOCK MULTI-ASSET HIGH INCOME FUND | 71 |
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
MF3099598 | 448A 8/23 |
United States and Europe
Manulife Investment Management
John Hancock Investment Management
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 1 |
2 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2023 (% of net assets) | |
Atkore, Inc. | 2.6 |
Novanta, Inc. | 2.5 |
Flywire Corp. | 2.4 |
SiteOne Landscape Supply, Inc. | 2.3 |
Matador Resources Company | 2.3 |
Fox Factory Holding Corp. | 2.1 |
Grand Canyon Education, Inc. | 2.1 |
Appfolio, Inc., Class A | 1.9 |
SPX Technologies, Inc. | 1.9 |
CyberArk Software, Ltd. | 1.9 |
TOTAL | 22.0 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A1 | 4.60 | 2.67 | 6.96 | 14.07 | 95.90 |
Class C1 | 8.31 | 2.96 | 6.87 | 15.73 | 94.30 |
Class I1,2 | 10.37 | 3.99 | 7.76 | 21.63 | 111.07 |
Class R21,2 | 10.05 | 3.73 | 7.55 | 20.09 | 107.05 |
Class R41,2 | 10.31 | 3.94 | 7.70 | 21.30 | 110.00 |
Class R61,2 | 10.51 | 4.10 | 7.84 | 22.27 | 112.72 |
Class 12 | 10.46 | 4.06 | 7.80 | 22.03 | 111.94 |
Index† | 6.78 | 2.46 | 8.17 | 12.94 | 119.36 |
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 |
6 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 8-31-13 | 19,430 | 19,430 | 21,936 |
Class I1,2 | 8-31-13 | 21,107 | 21,107 | 21,936 |
Class R21,2 | 8-31-13 | 20,705 | 20,705 | 21,936 |
Class R41,2 | 8-31-13 | 21,000 | 21,000 | 21,936 |
Class R61,2 | 8-31-13 | 21,272 | 21,272 | 21,936 |
Class 12 | 8-31-12 | 21,194 | 21,194 | 21,936 |
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. |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 7 |
8 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Account value on 3-1-2023 | Ending value on 8-31-2023 | Expenses paid during period ended 8-31-20231 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,013.50 | $6.14 | 1.21% |
Hypothetical example | 1,000.00 | 1,019.10 | 6.16 | 1.21% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,010.20 | 9.93 | 1.96% |
Hypothetical example | 1,000.00 | 1,015.30 | 9.96 | 1.96% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,015.00 | 4.88 | 0.96% |
Hypothetical example | 1,000.00 | 1,020.40 | 4.89 | 0.96% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,013.10 | 6.44 | 1.27% |
Hypothetical example | 1,000.00 | 1,018.80 | 6.46 | 1.27% | |
Class R4 | Actual expenses/actual returns | 1,000.00 | 1,014.60 | 5.23 | 1.03% |
Hypothetical example | 1,000.00 | 1,020.00 | 5.24 | 1.03% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,015.30 | 4.32 | 0.85% |
Hypothetical example | 1,000.00 | 1,020.90 | 4.33 | 0.85% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,015.20 | 4.52 | 0.89% |
Hypothetical example | 1,000.00 | 1,020.70 | 4.53 | 0.89% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 9 |
Shares | Value | ||||
Common stocks 97.1% | $291,773,502 | ||||
(Cost $234,408,132) | |||||
Consumer discretionary 12.1% | 36,482,368 | ||||
Automobile components 2.8% | |||||
Dorman Products, Inc. (A) | 24,987 | 2,061,677 | |||
Fox Factory Holding Corp. (A) | 57,241 | 6,342,875 | |||
Diversified consumer services 2.1% | |||||
Grand Canyon Education, Inc. (A) | 53,184 | 6,235,824 | |||
Hotels, restaurants and leisure 2.4% | |||||
Chuy’s Holdings, Inc. (A) | 121,778 | 4,639,742 | |||
Krispy Kreme, Inc. | 183,030 | 2,450,772 | |||
Household durables 1.7% | |||||
TopBuild Corp. (A) | 17,952 | 5,207,516 | |||
Specialty retail 2.2% | |||||
Lithia Motors, Inc. | 15,612 | 4,808,808 | |||
Revolve Group, Inc. (A) | 130,800 | 1,916,220 | |||
Textiles, apparel and luxury goods 0.9% | |||||
Oxford Industries, Inc. | 27,913 | 2,818,934 | |||
Consumer staples 1.1% | 3,324,841 | ||||
Food products 1.1% | |||||
Hostess Brands, Inc. (A) | 116,743 | 3,324,841 | |||
Energy 7.2% | 21,676,206 | ||||
Energy equipment and services 1.7% | |||||
ChampionX Corp. | 142,973 | 5,159,896 | |||
Oil, gas and consumable fuels 5.5% | |||||
Earthstone Energy, Inc., Class A (A) | 274,792 | 5,600,261 | |||
Magnolia Oil & Gas Corp., Class A | 177,163 | 4,039,316 | |||
Matador Resources Company | 108,295 | 6,876,733 | |||
Financials 8.1% | 24,387,802 | ||||
Banks 1.5% | |||||
Ameris Bancorp | 53,730 | 2,189,498 | |||
Pinnacle Financial Partners, Inc. | 34,299 | 2,282,941 | |||
Capital markets 4.2% | |||||
Houlihan Lokey, Inc. | 45,365 | 4,778,749 | |||
PJT Partners, Inc., Class A | 63,440 | 5,011,126 | |||
Stifel Financial Corp. | 43,071 | 2,800,476 | |||
Financial services 2.4% | |||||
Flywire Corp. (A) | 211,828 | 7,325,012 |
10 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Health care 25.0% | $74,960,768 | ||||
Biotechnology 9.2% | |||||
Arcutis Biotherapeutics, Inc. (A) | 184,736 | 1,577,645 | |||
BioCryst Pharmaceuticals, Inc. (A) | 387,253 | 2,753,369 | |||
Crinetics Pharmaceuticals, Inc. (A) | 178,381 | 3,089,559 | |||
Halozyme Therapeutics, Inc. (A) | 97,669 | 4,156,793 | |||
Insmed, Inc. (A) | 156,477 | 3,425,282 | |||
Travere Therapeutics, Inc. (A) | 174,876 | 2,497,229 | |||
Ultragenyx Pharmaceutical, Inc. (A) | 71,075 | 2,614,849 | |||
Veracyte, Inc. (A) | 126,826 | 3,348,206 | |||
Vericel Corp. (A) | 127,404 | 4,182,673 | |||
Health care equipment and supplies 4.3% | |||||
Artivion, Inc. (A) | 118,852 | 2,010,976 | |||
AtriCure, Inc. (A) | 69,909 | 3,156,391 | |||
Globus Medical, Inc., Class A (A) | 59,325 | 3,209,483 | |||
ICU Medical, Inc. (A) | 13,991 | 2,029,115 | |||
Integra LifeSciences Holdings Corp. (A) | 58,894 | 2,505,351 | |||
Health care providers and services 4.5% | |||||
Acadia Healthcare Company, Inc. (A) | 61,344 | 4,729,622 | |||
Castle Biosciences, Inc. (A) | 59,509 | 1,186,014 | |||
HealthEquity, Inc. (A) | 58,757 | 3,969,035 | |||
US Physical Therapy, Inc. | 36,222 | 3,652,264 | |||
Life sciences tools and services 3.9% | |||||
Azenta, Inc. (A) | 100,962 | 5,697,286 | |||
CryoPort, Inc. (A) | 101,218 | 1,427,174 | |||
Medpace Holdings, Inc. (A) | 16,294 | 4,403,779 | |||
Pharmaceuticals 3.1% | |||||
Intra-Cellular Therapies, Inc. (A) | 70,059 | 3,889,676 | |||
Phathom Pharmaceuticals, Inc. (A) | 169,130 | 2,433,781 | |||
Supernus Pharmaceuticals, Inc. (A) | 94,699 | 3,015,216 | |||
Industrials 21.1% | 63,347,109 | ||||
Aerospace and defense 1.8% | |||||
Hexcel Corp. | 76,040 | 5,573,732 | |||
Building products 1.8% | |||||
Gibraltar Industries, Inc. (A) | 70,607 | 5,297,643 | |||
Electrical equipment 3.4% | |||||
Atkore, Inc. (A) | 50,155 | 7,722,365 | |||
Shoals Technologies Group, Inc., Class A (A) | 132,200 | 2,601,696 | |||
Machinery 7.3% | |||||
Alamo Group, Inc. | 24,436 | 4,194,439 | |||
Hillenbrand, Inc. | 61,630 | 2,985,357 | |||
RBC Bearings, Inc. (A) | 24,487 | 5,645,233 | |||
SPX Technologies, Inc. (A) | 72,730 | 5,747,125 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 11 |
Shares | Value | ||||
Industrials (continued) | |||||
Machinery (continued) | |||||
The Shyft Group, Inc. | 209,105 | $3,278,766 | |||
Professional services 4.5% | |||||
CACI International, Inc., Class A (A) | 11,900 | 3,903,319 | |||
Exponent, Inc. | 53,187 | 4,779,384 | |||
Paycor HCM, Inc. (A) | 201,959 | 4,739,978 | |||
Trading companies and distributors 2.3% | |||||
SiteOne Landscape Supply, Inc. (A) | 40,178 | 6,878,072 | |||
Information technology 16.1% | 48,470,134 | ||||
Communications equipment 1.1% | |||||
Viavi Solutions, Inc. (A) | 321,177 | 3,356,300 | |||
Electronic equipment, instruments and components 2.5% | |||||
Novanta, Inc. (A) | 44,150 | 7,372,086 | |||
IT services 0.8% | |||||
Thoughtworks Holding, Inc. (A) | 490,177 | 2,436,180 | |||
Semiconductors and semiconductor equipment 5.7% | |||||
Allegro MicroSystems, Inc. (A) | 76,300 | 2,918,475 | |||
MACOM Technology Solutions Holdings, Inc. (A) | 60,783 | 5,139,810 | |||
Power Integrations, Inc. | 59,517 | 5,000,618 | |||
Silicon Laboratories, Inc. (A) | 30,892 | 4,166,095 | |||
Software 6.0% | |||||
Appfolio, Inc., Class A (A) | 29,848 | 5,753,799 | |||
CyberArk Software, Ltd. (A) | 34,390 | 5,710,116 | |||
Rapid7, Inc. (A) | 43,081 | 2,170,852 | |||
The Descartes Systems Group, Inc. (A) | 59,309 | 4,445,803 | |||
Materials 3.9% | 11,729,909 | ||||
Chemicals 3.9% | |||||
Avient Corp. | 118,340 | 4,746,617 | |||
Balchem Corp. | 29,382 | 4,128,171 | |||
Quaker Chemical Corp. | 16,087 | 2,855,121 | |||
Real estate 2.5% | 7,394,365 | ||||
Hotel and resort REITs 1.2% | |||||
Ryman Hospitality Properties, Inc. | 40,070 | 3,407,152 | |||
Industrial REITs 1.3% | |||||
STAG Industrial, Inc. | 109,149 | 3,987,213 | |||
12 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Yield (%) | Shares | Value | |||
Short-term investments 2.9% | $8,620,754 | ||||
(Cost $8,620,754) | |||||
Short-term funds 2.9% | 8,620,754 | ||||
State Street Institutional Treasury Money Market Fund, Premier Class | 5.2022(B) | 8,620,754 | 8,620,754 |
Total investments (Cost $243,028,886) 100.0% | $300,394,256 | ||||
Other assets and liabilities, net 0.0% | 76,202 | ||||
Total net assets 100.0% | $300,470,458 |
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 | |
(A) | Non-income producing security. |
(B) | The rate shown is the annualized seven-day yield as of 8-31-23. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 13 |
Assets | |
Unaffiliated investments, at value (Cost $243,028,886) | $300,394,256 |
Dividends and interest receivable | 156,348 |
Receivable for fund shares sold | 16,034 |
Receivable from affiliates | 9 |
Other assets | 65,396 |
Total assets | 300,632,043 |
Liabilities | |
Due to custodian | 87 |
Payable for investments purchased | 27,109 |
Payable for fund shares repurchased | 44,571 |
Payable to affiliates | |
Accounting and legal services fees | 15,283 |
Transfer agent fees | 27,349 |
Distribution and service fees | 39 |
Trustees’ fees | 21 |
Other liabilities and accrued expenses | 47,126 |
Total liabilities | 161,585 |
Net assets | $300,470,458 |
Net assets consist of | |
Paid-in capital | $231,118,791 |
Total distributable earnings (loss) | 69,351,667 |
Net assets | $300,470,458 |
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 ($259,094,712 ÷ 10,493,379 shares)1 | $24.69 |
Class C ($1,760,847 ÷ 77,177 shares)1 | $22.82 |
Class I ($14,286,619 ÷ 570,515 shares) | $25.04 |
Class R2 ($266,406 ÷ 10,784 shares) | $24.70 |
Class R4 ($62,108 ÷ 2,488 shares) | $24.96 |
Class R6 ($1,714,280 ÷ 68,132 shares) | $25.16 |
Class 1 ($23,285,486 ÷ 917,489 shares) | $25.38 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $25.99 |
1 | Redemption price per share is equal to net asset value less any applicable contingent deferred sales charge. |
2 | On single retail sales of less than $50,000. On sales of $50,000 or more and on group sales the offering price is reduced. |
14 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $1,367,615 |
Interest | 276,515 |
Total investment income | 1,644,130 |
Expenses | |
Investment management fees | 2,152,129 |
Distribution and service fees | 667,896 |
Accounting and legal services fees | 60,924 |
Transfer agent fees | 310,915 |
Trustees’ fees | 7,104 |
Custodian fees | 43,592 |
State registration fees | 92,742 |
Printing and postage | 37,317 |
Professional fees | 96,985 |
Other | 27,877 |
Total expenses | 3,497,481 |
Less expense reductions | (21,293) |
Net expenses | 3,476,188 |
Net investment loss | (1,832,058) |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments | 25,876,236 |
25,876,236 | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | 4,156,714 |
4,156,714 | |
Net realized and unrealized gain | 30,032,950 |
Increase in net assets from operations | $28,200,892 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 15 |
Year ended 8-31-23 | Year ended 8-31-22 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment loss | $(1,832,058) | $(2,576,020) |
Net realized gain | 25,876,236 | 24,967,735 |
Change in net unrealized appreciation (depreciation) | 4,156,714 | (101,736,167) |
Increase (decrease) in net assets resulting from operations | 28,200,892 | (79,344,452) |
Distributions to shareholders | ||
From earnings | ||
Class A | (22,532,438) | (26,558,227) |
Class C | (168,683) | (240,162) |
Class I | (1,061,240) | (1,278,122) |
Class R2 | (20,339) | (18,904) |
Class R4 | (5,372) | (6,272) |
Class R6 | (29,443) | (30,910) |
Class 1 | (2,029,166) | (2,585,554) |
Total distributions | (25,846,681) | (30,718,151) |
From fund share transactions | 2,978,791 | (7,850,198) |
Total increase (decrease) | 5,333,002 | (117,912,801) |
Net assets | ||
Beginning of year | 295,137,456 | 413,050,257 |
End of year | $300,470,458 | $295,137,456 |
16 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $24.71 | $33.80 | $25.18 | $22.20 | $31.99 |
Net investment income (loss)1 | (0.16) | (0.22) | (0.24) | (0.16) | 0.02 |
Net realized and unrealized gain (loss) on investments | 2.37 | (6.24) | 9.69 | 3.92 | (5.49) |
Total from investment operations | 2.21 | (6.46) | 9.45 | 3.76 | (5.47) |
Less distributions | |||||
From net investment income | — | — | — | — | (0.01) |
From net realized gain | (2.23) | (2.63) | (0.83) | (0.78) | (4.31) |
Total distributions | (2.23) | (2.63) | (0.83) | (0.78) | (4.32) |
Net asset value, end of period | $24.69 | $24.71 | $33.80 | $25.18 | $22.20 |
Total return (%)2,3 | 10.10 | (20.40) | 38.04 | 17.20 | (15.32) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $259 | $257 | $347 | $272 | $264 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.22 | 1.20 | 1.20 | 1.26 | 1.42 |
Expenses including reductions | 1.21 | 1.19 | 1.19 | 1.22 | 1.20 |
Net investment income (loss) | (0.65) | (0.78) | (0.81) | (0.72) | 0.08 |
Portfolio turnover (%) | 24 | 23 | 28 | 25 | 73 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 17 |
CLASS C SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $23.17 | $32.09 | $24.12 | $21.45 | $31.27 |
Net investment loss1 | (0.31) | (0.41) | (0.44) | (0.31) | (0.15) |
Net realized and unrealized gain (loss) on investments | 2.19 | (5.88) | 9.24 | 3.76 | (5.36) |
Total from investment operations | 1.88 | (6.29) | 8.80 | 3.45 | (5.51) |
Less distributions | |||||
From net realized gain | (2.23) | (2.63) | (0.83) | (0.78) | (4.31) |
Net asset value, end of period | $22.82 | $23.17 | $32.09 | $24.12 | $21.45 |
Total return (%)2,3 | 9.30 | (21.00) | 37.00 | 16.33 | (15.90) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $2 | $3 | $4 | $4 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.97 | 1.95 | 1.95 | 2.01 | 2.13 |
Expenses including reductions | 1.96 | 1.94 | 1.94 | 1.97 | 1.91 |
Net investment loss | (1.41) | (1.53) | (1.56) | (1.47) | (0.63) |
Portfolio turnover (%) | 24 | 23 | 28 | 25 | 73 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
18 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $24.97 | $34.05 | $25.29 | $22.24 | $32.07 |
Net investment income (loss)1 | (0.10) | (0.15) | (0.18) | (0.10) | 0.09 |
Net realized and unrealized gain (loss) on investments | 2.40 | (6.30) | 9.77 | 3.93 | (5.51) |
Total from investment operations | 2.30 | (6.45) | 9.59 | 3.83 | (5.42) |
Less distributions | |||||
From net investment income | — | — | — | — | (0.10) |
From net realized gain | (2.23) | (2.63) | (0.83) | (0.78) | (4.31) |
Total distributions | (2.23) | (2.63) | (0.83) | (0.78) | (4.41) |
Net asset value, end of period | $25.04 | $24.97 | $34.05 | $25.29 | $22.24 |
Total return (%)2 | 10.37 | (20.21) | 38.44 | 17.49 | (15.08) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $14 | $12 | $25 | $10 | $10 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.97 | 0.95 | 0.95 | 1.01 | 1.14 |
Expenses including reductions | 0.96 | 0.94 | 0.94 | 0.97 | 0.90 |
Net investment income (loss) | (0.40) | (0.52) | (0.57) | (0.46) | 0.38 |
Portfolio turnover (%) | 24 | 23 | 28 | 25 | 73 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 19 |
CLASS R2 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $24.74 | $33.85 | $25.21 | $22.22 | $32.02 |
Net investment income (loss)1 | (0.17) | (0.23) | (0.26) | (0.15) | 0.04 |
Net realized and unrealized gain (loss) on investments | 2.36 | (6.25) | 9.73 | 3.92 | (5.49) |
Total from investment operations | 2.19 | (6.48) | 9.47 | 3.77 | (5.45) |
Less distributions | |||||
From net investment income | — | — | — | — | (0.04) |
From net realized gain | (2.23) | (2.63) | (0.83) | (0.78) | (4.31) |
Total distributions | (2.23) | (2.63) | (0.83) | (0.78) | (4.35) |
Net asset value, end of period | $24.70 | $24.74 | $33.85 | $25.21 | $22.22 |
Total return (%)2 | 10.05 | (20.44) | 38.03 | 17.23 | (15.23) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—3 | $—3 | $—3 | $—3 | $—3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.28 | 1.24 | 1.22 | 1.22 | 1.33 |
Expenses including reductions | 1.27 | 1.23 | 1.21 | 1.18 | 1.11 |
Net investment income (loss) | (0.71) | (0.81) | (0.84) | (0.67) | 0.18 |
Portfolio turnover (%) | 24 | 23 | 28 | 25 | 73 |
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 | Less than $500,000. |
20 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R4 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $24.91 | $34.00 | $25.27 | $22.23 | $32.05 |
Net investment income (loss)1 | (0.12) | (0.17) | (0.19) | (0.11) | 0.08 |
Net realized and unrealized gain (loss) on investments | 2.40 | (6.29) | 9.75 | 3.93 | (5.51) |
Total from investment operations | 2.28 | (6.46) | 9.56 | 3.82 | (5.43) |
Less distributions | |||||
From net investment income | — | — | — | — | (0.08) |
From net realized gain | (2.23) | (2.63) | (0.83) | (0.78) | (4.31) |
Total distributions | (2.23) | (2.63) | (0.83) | (0.78) | (4.39) |
Net asset value, end of period | $24.96 | $24.91 | $34.00 | $25.27 | $22.23 |
Total return (%)2 | 10.31 | (20.28) | 38.35 | 17.45 | (15.11) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $—3 | $—3 | $—3 | $—3 | $—3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.14 | 1.12 | 1.10 | 1.15 | 1.28 |
Expenses including reductions | 1.04 | 1.01 | 1.00 | 1.01 | 0.96 |
Net investment income (loss) | (0.48) | (0.60) | (0.63) | (0.51) | 0.33 |
Portfolio turnover (%) | 24 | 23 | 28 | 25 | 73 |
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 | Less than $500,000. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 21 |
CLASS R6 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $25.06 | $34.12 | $25.32 | $22.24 | $32.07 |
Net investment income (loss)1 | (0.07) | (0.12) | (0.14) | (0.08) | 0.11 |
Net realized and unrealized gain (loss) on investments | 2.40 | (6.31) | 9.77 | 3.94 | (5.51) |
Total from investment operations | 2.33 | (6.43) | 9.63 | 3.86 | (5.40) |
Less distributions | |||||
From net investment income | — | — | — | — | (0.12) |
From net realized gain | (2.23) | (2.63) | (0.83) | (0.78) | (4.31) |
Total distributions | (2.23) | (2.63) | (0.83) | (0.78) | (4.43) |
Net asset value, end of period | $25.16 | $25.06 | $34.12 | $25.32 | $22.24 |
Total return (%)2 | 10.51 | (20.14) | 38.55 | 17.62 | (14.99) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $2 | $—3 | $—3 | $—3 | $—3 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.86 | 0.84 | 0.84 | 0.90 | 1.03 |
Expenses including reductions | 0.85 | 0.83 | 0.83 | 0.86 | 0.81 |
Net investment income (loss) | (0.28) | (0.42) | (0.46) | (0.36) | 0.45 |
Portfolio turnover (%) | 24 | 23 | 28 | 25 | 73 |
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 | Less than $500,000. |
22 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS 1 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $25.26 | $34.39 | $25.53 | $22.42 | $32.29 |
Net investment income (loss)1 | (0.08) | (0.14) | (0.15) | (0.09) | 0.11 |
Net realized and unrealized gain (loss) on investments | 2.43 | (6.36) | 9.84 | 3.98 | (5.56) |
Total from investment operations | 2.35 | (6.50) | 9.69 | 3.89 | (5.45) |
Less distributions | |||||
From net investment income | — | — | — | — | (0.11) |
From net realized gain | (2.23) | (2.63) | (0.83) | (0.78) | (4.31) |
Total distributions | (2.23) | (2.63) | (0.83) | (0.78) | (4.42) |
Net asset value, end of period | $25.38 | $25.26 | $34.39 | $25.53 | $22.42 |
Total return (%)2 | 10.46 | (20.16) | 38.47 | 17.62 | (15.04) |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $23 | $24 | $37 | $33 | $42 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.90 | 0.88 | 0.88 | 0.94 | 1.06 |
Expenses including reductions | 0.90 | 0.87 | 0.87 | 0.90 | 0.84 |
Net investment income (loss) | (0.34) | (0.46) | (0.50) | (0.39) | 0.44 |
Portfolio turnover (%) | 24 | 23 | 28 | 25 | 73 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 23 |
24 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 25 |
August 31, 2023 | August 31, 2022 | |
Ordinary income | — | $2,386,722 |
Long-term capital gains | $25,846,681 | 28,331,429 |
Total | $25,846,681 | $30,718,151 |
26 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT |
Class | Expense reduction |
Class A | $18,356 |
Class C | 130 |
Class I | 972 |
Class R2 | 17 |
Class | Expense reduction |
Class R4 | $4 |
Class R6 | 70 |
Class 1 | 1,684 |
Total | $21,233 |
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% | — |
ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 27 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $637,018 | $293,234 |
Class C | 18,023 | 2,072 |
Class I | — | 15,525 |
Class R2 | 999 | 18 |
Class R4 | 168 | 5 |
Class R6 | — | 61 |
Class 1 | 11,688 | — |
Total | $667,896 | $310,915 |
28 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 136,793 | $3,287,515 | 188,661 | $5,417,191 |
Distributions reinvested | 977,357 | 21,374,808 | 848,537 | 25,142,153 |
Repurchased | (1,011,244) | (24,212,863) | (911,924) | (25,997,518) |
Net increase | 102,906 | $449,460 | 125,274 | $4,561,826 |
Class C shares | ||||
Sold | 5,664 | $124,955 | 6,137 | $167,532 |
Distributions reinvested | 8,305 | 168,683 | 8,599 | 240,162 |
Repurchased | (21,211) | (473,407) | (27,868) | (735,839) |
Net decrease | (7,242) | $(179,769) | (13,132) | $(328,145) |
Class I shares | ||||
Sold | 218,316 | $5,258,711 | 67,940 | $2,031,379 |
Distributions reinvested | 46,804 | 1,036,235 | 41,745 | 1,247,762 |
Repurchased | (172,831) | (4,143,803) | (357,019) | (11,172,293) |
Net increase (decrease) | 92,289 | $2,151,143 | (247,334) | $(7,893,152) |
Class R2 shares | ||||
Sold | 1,484 | $35,847 | 1,554 | $41,407 |
Distributions reinvested | 592 | 12,956 | 343 | 10,189 |
Repurchased | (269) | (6,453) | (65) | (1,854) |
Net increase | 1,807 | $42,350 | 1,832 | $49,742 |
Class R4 shares | ||||
Sold | 1 | $36 | — | — |
Distributions reinvested | 76 | 1,677 | 64 | $1,912 |
Repurchased | — | — | (38) | (1,096) |
Net increase | 77 | $1,713 | 26 | $816 |
Class R6 shares | ||||
Sold | 57,304 | $1,427,130 | 1,486 | $44,754 |
Distributions reinvested | 1,324 | 29,443 | 1,031 | 30,910 |
Repurchased | (3,664) | (87,503) | (2,016) | (64,840) |
Net increase | 54,964 | $1,369,070 | 501 | $10,824 |
ANNUAL REPORT | JOHN HANCOCK New Opportunities Fund | 29 |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class 1 shares | ||||
Sold | 108,324 | $2,719,286 | 71,173 | $2,160,985 |
Distributions reinvested | 90,467 | 2,029,166 | 85,529 | 2,585,554 |
Repurchased | (226,256) | (5,603,628) | (301,917) | (8,998,648) |
Net decrease | (27,465) | $(855,176) | (145,215) | $(4,252,109) |
Total net increase (decrease) | 217,336 | $2,978,791 | (278,048) | $(7,850,198) |
30 | JOHN HANCOCK New Opportunities Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 31 |
32 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 33 |
(a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
(b) | the background, qualifications and skills of the Advisor’s personnel; |
(c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
(d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
(e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; |
34 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
(a) | reviewed information prepared by management regarding the fund’s performance; |
(b) | considered the comparative performance of an applicable benchmark index; |
(c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
(d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 35 |
(a) | reviewed financial information of the Advisor; |
(b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
(c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
(d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
(e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
(f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
(g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
(h) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
(i) | noted that the subadvisory fee for the fund is paid by the Advisor and is negotiated at arm’s length; |
(j) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
(k) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
36 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
(a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
(b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
(c) | the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale. |
(1) | information relating to the Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex); |
(2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; |
(3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data; and |
(4) | information relating to the nature and scope of any material relationships and their significance to the Trust’s Advisor and Subadvisor. |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 37 |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index since the subadvisor change; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided; and |
38 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 39 |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
40 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
• | The Fund did not experience any breaches of the 15% limit on illiquid investments, or any applicable HLIM, that would require reporting to the Securities and Exchange Commission; |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 41 |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan,2 Born: 1945 | 2005 | 186 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 183 |
Trustee | ||
Board Member, United of Omaha Life Insurance Company (since 2022). Board Member, Mutual of Omaha Investor Services, Inc. (since 2022). Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
William H. Cunningham,3 Born: 1944 | 2012 | 184 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 183 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). Trustee of various trusts within the John Hancock Fund Complex (since 2022). | ||
Grace K. Fey, Born: 1946 | 2008 | 186 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Dean C. Garfield,* Born: 1968 | 2022 | 183 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
42 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Deborah C. Jackson, Born: 1952 | 2012 | 185 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 183 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,3 Born: 1960 | 2020 | 183 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). | ||
Gregory A. Russo, Born: 1949 | 2012 | 183 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 43 |
Non-Independent Trustees4 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 184 |
Non-Independent Trustee | ||
Global Head of Retail for Manulife (since 2022); Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (2018-2023); Director and Chairman, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Chairman, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); Director and Chairman, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (2007-2023, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Paul Lorentz,† Born: 1968 | 2022 | 183 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Kristie M. Feinberg, Born: 1975 | 2023 |
President | |
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2023); CFO and Global Head of Strategy, Manulife Investment Management (2021-2023, including prior positions); CFO Americas & Global Head of Treasury, Invesco, Ltd., Invesco US (2019-2020, including prior positions); Senior Vice President, Corporate Treasurer and Business Controller, Oppenheimer Funds (2001-2019, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2023). | |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). |
44 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL REPORT |
Principal officers who are not Trustees (continued) | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is duly elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee as of September 26, 2023. |
3 | Member of the Audit Committee. |
4 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
ANNUAL REPORT | JOHN HANCOCK NEW OPPORTUNITIES FUND | 45 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Deborah C. Jackson
Patricia Lizarraga*,^,§
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 |
46 | JOHN HANCOCK NEW OPPORTUNITIES FUND | ANNUAL 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
MF3099606 | 452A 8/23 |
United States and Europe
Manulife Investment Management
John Hancock Investment Management
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 1 |
2 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 3 |
TOP 10 HOLDINGS AS OF 8/31/2023 (% of net assets) | |
Prologis, Inc. | 12.4 |
Equinix, Inc. | 8.8 |
AvalonBay Communities, Inc. | 5.7 |
Welltower, Inc. | 5.7 |
Public Storage | 5.4 |
VICI Properties, Inc. | 3.6 |
Brixmor Property Group, Inc. | 3.5 |
American Homes 4 Rent, Class A | 3.4 |
EastGroup Properties, Inc. | 3.4 |
Digital Realty Trust, Inc. | 3.1 |
TOTAL | 55.0 |
Cash and cash equivalents are not included. |
4 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 5 |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | ||||
1-year | 5-year | 10-year | 5-year | 10-year | |
Class A1 | -9.58 | 3.18 | 6.74 | 16.94 | 92.01 |
Class C1 | -6.41 | 3.80 | 7.07 | 20.50 | 97.95 |
Class I1,2 | -4.60 | 4.40 | 7.38 | 24.05 | 103.77 |
Class R61,2 | -4.56 | 4.43 | 7.39 | 24.19 | 104.01 |
Class 12 | -4.60 | 4.41 | 7.38 | 24.07 | 103.81 |
Index† | -3.17 | 2.48 | 6.38 | 13.02 | 85.66 |
Class A | Class C | Class I | Class R6 | Class 1 | |
Gross (%) | 1.14 | 1.89 | 0.89 | 0.79 | 0.83 |
Net (%) | 1.13 | 1.88 | 0.88 | 0.78 | 0.82 |
6 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C1,3 | 8-31-13 | 19,795 | 19,795 | 18,566 |
Class I1,2 | 8-31-13 | 20,377 | 20,377 | 18,566 |
Class R61,2 | 8-31-13 | 20,401 | 20,401 | 18,566 |
Class 12 | 8-31-13 | 20,381 | 20,381 | 18,566 |
1 | Class A, Class C, Class I, and Class R6 shares were first offered on 12-2-20. 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. |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 7 |
8 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Account value on 3-1-2023 | Ending value on 8-31-2023 | Expenses paid during period ended 8-31-20231 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,000.00 | $5.90 | 1.17% |
Hypothetical example | 1,000.00 | 1,019.30 | 5.95 | 1.17% | |
Class C | Actual expenses/actual returns | 1,000.00 | 996.30 | 9.66 | 1.92% |
Hypothetical example | 1,000.00 | 1,015.50 | 9.75 | 1.92% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,001.80 | 4.69 | 0.93% |
Hypothetical example | 1,000.00 | 1,020.50 | 4.74 | 0.93% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,001.90 | 4.14 | 0.82% |
Hypothetical example | 1,000.00 | 1,021.10 | 4.18 | 0.82% | |
Class 1 | Actual expenses/actual returns | 1,000.00 | 1,001.90 | 4.34 | 0.86% |
Hypothetical example | 1,000.00 | 1,020.90 | 4.38 | 0.86% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 9 |
Shares | Value | ||||
Common stocks 98.9% | $243,331,826 | ||||
(Cost $206,401,062) | |||||
Consumer discretionary 2.2% | 5,491,554 | ||||
Hotels, restaurants and leisure 2.2% | |||||
Hyatt Hotels Corp., Class A | 37,804 | 4,249,548 | |||
Wynn Resorts, Ltd. | 12,251 | 1,242,006 | |||
Industrials 0.5% | 1,230,395 | ||||
Construction and engineering 0.5% | |||||
WillScot Mobile Mini Holdings Corp. (A) | 29,995 | 1,230,395 | |||
Real estate 96.2% | 236,609,877 | ||||
Diversified REITs 3.3% | |||||
American Assets Trust, Inc. | 114,874 | 2,459,452 | |||
Empire State Realty Trust, Inc., Class A | 640,806 | 5,594,236 | |||
Health care REITs 8.9% | |||||
CareTrust REIT, Inc. | 302,575 | 6,096,886 | |||
Ventas, Inc. | 40,288 | 1,759,780 | |||
Welltower, Inc. | 168,440 | 13,960,307 | |||
Hotel and resort REITs 1.4% | |||||
Ryman Hospitality Properties, Inc. | 41,644 | 3,540,989 | |||
Industrial REITs 17.6% | |||||
EastGroup Properties, Inc. | 46,016 | 8,265,854 | |||
Plymouth Industrial REIT, Inc. | 194,815 | 4,463,212 | |||
Prologis, Inc. | 246,458 | 30,610,086 | |||
Office REITs 3.0% | |||||
Kilroy Realty Corp. | 69,894 | 2,582,583 | |||
SL Green Realty Corp. | 119,740 | 4,700,992 | |||
Real estate management and development 5.5% | |||||
CBRE Group, Inc., Class A (A) | 48,620 | 4,135,131 | |||
Corp. Inmobiliaria Vesta SAB de CV, ADR (B) | 106,209 | 3,944,602 | |||
Jones Lang LaSalle, Inc. (A) | 10,573 | 1,827,014 | |||
Tricon Residential, Inc. | 437,459 | 3,709,652 | |||
Residential REITs 16.8% | |||||
American Homes 4 Rent, Class A | 229,614 | 8,275,289 | |||
AvalonBay Communities, Inc. | 76,288 | 14,023,260 | |||
Essex Property Trust, Inc. | 27,656 | 6,592,914 | |||
UDR, Inc. | 162,414 | 6,480,319 | |||
Veris Residential, Inc. (A) | 316,313 | 5,886,585 | |||
Retail REITs 11.2% | |||||
Brixmor Property Group, Inc. | 390,103 | 8,574,464 | |||
Getty Realty Corp. | 119,656 | 3,592,073 |
10 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Real estate (continued) | |||||
Retail REITs (continued) | |||||
Phillips Edison & Company, Inc. | 134,362 | $4,549,497 | |||
Simon Property Group, Inc. | 49,601 | 5,629,217 | |||
Tanger Factory Outlet Centers, Inc. | 220,211 | 5,119,906 | |||
Specialized REITs 28.5% | |||||
American Tower Corp. | 13,766 | 2,496,051 | |||
CubeSmart | 90,981 | 3,794,818 | |||
Digital Realty Trust, Inc. | 58,574 | 7,715,367 | |||
EPR Properties | 85,880 | 3,845,706 | |||
Equinix, Inc. | 27,581 | 21,551,242 | |||
Iron Mountain, Inc. | 118,148 | 7,507,124 | |||
Public Storage | 47,997 | 13,265,411 | |||
VICI Properties, Inc. | 288,299 | 8,891,141 | |||
Weyerhaeuser Company | 35,686 | 1,168,717 | |||
Yield (%) | Shares | Value | |||
Short-term investments 0.7% | $1,634,279 | ||||
(Cost $1,634,279) | |||||
Short-term funds 0.7% | 1,634,279 | ||||
John Hancock Collateral Trust (C) | 5.4789(D) | 388 | 3,875 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 5.2681(D) | 1,630,404 | 1,630,404 |
Total investments (Cost $208,035,341) 99.6% | $244,966,105 | ||||
Other assets and liabilities, net 0.4% | 1,071,345 | ||||
Total net assets 100.0% | $246,037,450 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 8-31-23. |
(C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 8-31-23. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 11 |
Assets | |
Unaffiliated investments, at value (Cost $208,031,466) including $3,798 of securities loaned | $244,962,230 |
Affiliated investments, at value (Cost $3,875) | 3,875 |
Total investments, at value (Cost $208,035,341) | 244,966,105 |
Dividends and interest receivable | 191,538 |
Receivable for fund shares sold | 17,591 |
Receivable for investments sold | 926,626 |
Receivable for securities lending income | 10 |
Other assets | 16,330 |
Total assets | 246,118,200 |
Liabilities | |
Due to custodian | 50 |
Payable for fund shares repurchased | 19,892 |
Payable upon return of securities loaned | 3,875 |
Payable to affiliates | |
Accounting and legal services fees | 12,691 |
Transfer agent fees | 1,886 |
Trustees’ fees | 18 |
Other liabilities and accrued expenses | 42,338 |
Total liabilities | 80,750 |
Net assets | $246,037,450 |
Net assets consist of | |
Paid-in capital | $236,982,881 |
Total distributable earnings (loss) | 9,054,569 |
Net assets | $246,037,450 |
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 ($5,877,088 ÷ 541,853 shares)1 | $10.85 |
Class C ($87,657 ÷ 8,069 shares)1 | $10.86 |
Class I ($12,678,831 ÷ 1,168,864 shares) | $10.85 |
Class R6 ($1,191,161 ÷ 110,069 shares) | $10.82 |
Class 1 ($226,202,713 ÷ 20,898,985 shares) | $10.82 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 95%)2 | $11.42 |
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. |
12 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Dividends | $7,885,503 |
Interest | 121,570 |
Securities lending | 39 |
Less foreign taxes withheld | (5,709) |
Total investment income | 8,001,403 |
Expenses | |
Investment management fees | 1,828,625 |
Distribution and service fees | 140,604 |
Accounting and legal services fees | 53,723 |
Transfer agent fees | 15,840 |
Trustees’ fees | 6,684 |
Custodian fees | 43,109 |
State registration fees | 65,969 |
Printing and postage | 25,192 |
Professional fees | 64,346 |
Other | 25,380 |
Total expenses | 2,269,472 |
Less expense reductions | (18,803) |
Net expenses | 2,250,669 |
Net investment income | 5,750,734 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | (20,937,101) |
Affiliated investments | 61 |
(20,937,040) | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments | (262,535) |
(262,535) | |
Net realized and unrealized loss | (21,199,575) |
Decrease in net assets from operations | $(15,448,841) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 13 |
Year ended 8-31-23 | Year ended 8-31-22 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $5,750,734 | $4,288,787 |
Net realized gain (loss) | (20,937,040) | 25,991,301 |
Change in net unrealized appreciation (depreciation) | (262,535) | (76,699,816) |
Decrease in net assets resulting from operations | (15,448,841) | (46,419,728) |
Distributions to shareholders | ||
From earnings | ||
Class A | (769,265) | (829,069) |
Class C | (8,138) | (8,795) |
Class I | (588,448) | (327,643) |
Class R6 | (95,118) | (67,941) |
Class 1 | (30,154,185) | (42,462,369) |
Total distributions | (31,615,154) | (43,695,817) |
From fund share transactions | (16,170,945) | 23,801,824 |
Total decrease | (63,234,940) | (66,313,721) |
Net assets | ||
Beginning of year | 309,272,390 | 375,586,111 |
End of year | $246,037,450 | $309,272,390 |
14 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-211 |
Per share operating performance | |||
Net asset value, beginning of period | $12.92 | $16.60 | $12.59 |
Net investment income2 | 0.21 | 0.13 | 0.03 |
Net realized and unrealized gain (loss) on investments | (0.90) | (1.93) | 4.18 |
Total from investment operations | (0.69) | (1.80) | 4.21 |
Less distributions | |||
From net investment income | (0.14) | (0.08) | (0.20) |
From net realized gain | (1.24) | (1.80) | — |
Total distributions | (1.38) | (1.88) | (0.20) |
Net asset value, end of period | $10.85 | $12.92 | $16.60 |
Total return (%)3,4 | (4.82) | (12.77) | 33.985 |
Ratios and supplemental data | |||
Net assets, end of period (in millions) | $6 | $7 | $4 |
Ratios (as a percentage of average net assets): | |||
Expenses before reductions | 1.17 | 1.14 | 1.196 |
Expenses including reductions | 1.17 | 1.13 | 1.186 |
Net investment income | 1.88 | 0.88 | 0.316 |
Portfolio turnover (%) | 105 | 81 | 1227 |
1 | The inception date for Class A shares is 12-2-20. |
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 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 15 |
CLASS C SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-211 |
Per share operating performance | |||
Net asset value, beginning of period | $12.91 | $16.63 | $12.59 |
Net investment income (loss)2 | 0.13 | 0.03 | (0.03) |
Net realized and unrealized gain (loss) on investments | (0.91) | (1.95) | 4.18 |
Total from investment operations | (0.78) | (1.92) | 4.15 |
Less distributions | |||
From net investment income | (0.03) | — | (0.11) |
From net realized gain | (1.24) | (1.80) | — |
Total distributions | (1.27) | (1.80) | (0.11) |
Net asset value, end of period | $10.86 | $12.91 | $16.63 |
Total return (%)3,4 | (5.56) | (13.46) | 33.255 |
Ratios and supplemental data | |||
Net assets, end of period (in millions) | $—6 | $—6 | $—6 |
Ratios (as a percentage of average net assets): | |||
Expenses before reductions | 1.92 | 1.89 | 1.947 |
Expenses including reductions | 1.92 | 1.88 | 1.937 |
Net investment income (loss) | 1.14 | 0.19 | (0.28)7 |
Portfolio turnover (%) | 105 | 81 | 1228 |
1 | The inception date for Class C shares is 12-2-20. |
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. |
8 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
16 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-211 |
Per share operating performance | |||
Net asset value, beginning of period | $12.93 | $16.60 | $12.59 |
Net investment income2 | 0.22 | 0.17 | 0.10 |
Net realized and unrealized gain (loss) on investments | (0.89) | (1.92) | 4.14 |
Total from investment operations | (0.67) | (1.75) | 4.24 |
Less distributions | |||
From net investment income | (0.17) | (0.12) | (0.23) |
From net realized gain | (1.24) | (1.80) | — |
Total distributions | (1.41) | (1.92) | (0.23) |
Net asset value, end of period | $10.85 | $12.93 | $16.60 |
Total return (%)3 | (4.60) | (12.51) | 34.304 |
Ratios and supplemental data | |||
Net assets, end of period (in millions) | $13 | $11 | $—5 |
Ratios (as a percentage of average net assets): | |||
Expenses before reductions | 0.92 | 0.90 | 0.946 |
Expenses including reductions | 0.92 | 0.89 | 0.936 |
Net investment income | 1.99 | 1.25 | 0.896 |
Portfolio turnover (%) | 105 | 81 | 1227 |
1 | The inception date for Class I shares is 12-2-20. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Less than $500,000. |
6 | Annualized. |
7 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 17 |
CLASS R6 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-211 |
Per share operating performance | |||
Net asset value, beginning of period | $12.91 | $16.59 | $12.59 |
Net investment income2 | 0.24 | 0.19 | 0.12 |
Net realized and unrealized gain (loss) on investments | (0.90) | (1.93) | 4.12 |
Total from investment operations | (0.66) | (1.74) | 4.24 |
Less distributions | |||
From net investment income | (0.19) | (0.14) | (0.24) |
From net realized gain | (1.24) | (1.80) | — |
Total distributions | (1.43) | (1.94) | (0.24) |
Net asset value, end of period | $10.82 | $12.91 | $16.59 |
Total return (%)3 | (4.56) | (12.48) | 34.374 |
Ratios and supplemental data | |||
Net assets, end of period (in millions) | $1 | $1 | $—5 |
Ratios (as a percentage of average net assets): | |||
Expenses before reductions | 0.82 | 0.79 | 0.836 |
Expenses including reductions | 0.81 | 0.78 | 0.826 |
Net investment income | 2.16 | 1.31 | 1.056 |
Portfolio turnover (%) | 105 | 81 | 1227 |
1 | The inception date for Class R6 shares is 12-2-20. |
2 | Based on average daily shares outstanding. |
3 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
4 | Not annualized. |
5 | Less than $500,000. |
6 | Annualized. |
7 | Portfolio turnover is shown for the period from 9-1-20 to 8-31-21. |
18 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS 1 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $12.91 | $16.59 | $12.05 | $14.55 | $12.97 |
Net investment income1 | 0.25 | 0.18 | 0.20 | 0.24 | 0.29 |
Net realized and unrealized gain (loss) on investments | (0.92) | (1.93) | 4.58 | (1.55) | 1.82 |
Total from investment operations | (0.67) | (1.75) | 4.78 | (1.31) | 2.11 |
Less distributions | |||||
From net investment income | (0.18) | (0.13) | (0.24) | (0.29) | (0.26) |
From net realized gain | (1.24) | (1.80) | — | (0.90) | (0.27) |
Total distributions | (1.42) | (1.93) | (0.24) | (1.19) | (0.53) |
Net asset value, end of period | $10.82 | $12.91 | $16.59 | $12.05 | $14.55 |
Total return (%)2 | (4.60) | (12.51) | 40.36 | (9.75) | 17.35 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $226 | $290 | $371 | $304 | $433 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.86 | 0.83 | 0.87 | 0.81 | 0.81 |
Expenses including reductions | 0.85 | 0.82 | 0.86 | 0.80 | 0.80 |
Net investment income | 2.22 | 1.19 | 1.45 | 1.86 | 2.25 |
Portfolio turnover (%) | 105 | 81 | 122 | 133 | 132 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 19 |
20 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 21 |
22 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT |
August 31, 2023 | August 31, 2022 | |
Ordinary income | $3,830,884 | $5,703,527 |
Long-term capital gains | 27,784,270 | 37,992,290 |
Total | $31,615,154 | $43,695,817 |
ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 23 |
Class | Expense reduction |
Class A | $476 |
Class C | 6 |
Class I | 512 |
Class | Expense reduction |
Class R6 | $64 |
Class 1 | 17,745 |
Total | $18,803 |
Class | Rule 12b-1 Fee |
Class A | 0.25% |
Class C | 1.00% |
Class 1 | 0.05% |
24 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL REPORT |
Class | Distribution and service fees | Transfer agent fees |
Class A | $16,516 | $7,597 |
Class C | 793 | 91 |
Class I | — | 8,087 |
Class R6 | — | 65 |
Class 1 | 123,295 | — |
Total | $140,604 | $15,840 |
Borrower or Lender | Weighted Average Loan Balance | Days Outstanding | Weighted Average Interest Rate | Interest Income (Expense) |
Lender | $4,433,333 | 3 | 3.933% | $1,453 |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 210,258 | $2,342,702 | 718,479 | $11,392,866 |
Distributions reinvested | 74,416 | 767,968 | 52,948 | 828,102 |
Repurchased | (322,150) | (3,536,428) | (412,946) | (6,234,610) |
Net increase (decrease) | (37,476) | $(425,758) | 358,481 | $5,986,358 |
Class C shares | ||||
Sold | 1,398 | $15,444 | 2,506 | $37,258 |
Distributions reinvested | 296 | 3,079 | 104 | 1,628 |
Repurchased | (686) | (7,574) | (9,990) | (159,537) |
Net increase (decrease) | 1,008 | $10,949 | (7,380) | $(120,651) |
ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 25 |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class I shares | ||||
Sold | 1,070,674 | $11,759,648 | 963,545 | $13,885,249 |
Distributions reinvested | 16,708 | 172,097 | 1,041 | 16,257 |
Repurchased | (779,187) | (8,896,069) | (111,737) | (1,567,762) |
Net increase | 308,195 | $3,035,676 | 852,849 | $12,333,744 |
Class R6 shares | ||||
Sold | 70,528 | $780,051 | 30,756 | $459,007 |
Distributions reinvested | 9,262 | 95,118 | 3,863 | 60,222 |
Repurchased | (24,284) | (273,346) | (6,785) | (98,839) |
Net increase | 55,506 | $601,823 | 27,834 | $420,390 |
Class 1 shares | ||||
Sold | 337,404 | $3,716,296 | 1,464,854 | $23,157,772 |
Distributions reinvested | 2,936,143 | 30,154,185 | 2,723,693 | 42,462,369 |
Repurchased | (4,830,907) | (53,264,116) | (4,103,819) | (60,438,158) |
Net increase (decrease) | (1,557,360) | $(19,393,635) | 84,728 | $5,181,983 |
Total net increase (decrease) | (1,230,127) | $(16,170,945) | 1,316,512 | $23,801,824 |
26 | JOHN HANCOCK Real Estate Securities Fund | ANNUAL 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* | 388 | — | $843,175 | $(839,361) | $61 | — | $39 | — | $3,875 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
ANNUAL REPORT | JOHN HANCOCK Real Estate Securities Fund | 27 |
28 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 29 |
30 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
(a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
(b) | the background, qualifications and skills of the Advisor’s personnel; |
(c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
(d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
(e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 31 |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments |
(a) | reviewed information prepared by management regarding the fund’s performance; |
(b) | considered the comparative performance of an applicable benchmark index; |
(c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
(d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally |
32 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
(a) | reviewed financial information of the Advisor; |
(b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
(c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
(d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
(e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
(f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
(g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
(h) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
(i) | noted that the subadvisory fee for the fund is paid by the Advisor and is negotiated at arm’s length; |
(j) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
(k) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor including entrepreneurial, operational, reputational, litigation and regulatory risk. |
(a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 33 |
based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; | |
(b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
(c) | the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale. |
(1) | information relating to the Subadvisor’s businesses, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex); |
(2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; |
(3) | the subadvisory fees for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third-party provider of fund data; and |
(4) | information relating to the nature and scope of any material relationships and their significant to the Trust’s Advisor and Subadvisor. |
34 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index over the longer term; |
(3) | the subadvisory fees are reasonable in relation to the level and quality of services being provided; and |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 35 |
36 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 37 |
• | The Fund did not experience any breaches of the 15% limit on illiquid investments, or any applicable HLIM, that would require reporting to the Securities and Exchange Commission; |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
38 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan,2 Born: 1945 | 2005 | 186 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 183 |
Trustee | ||
Board Member, United of Omaha Life Insurance Company (since 2022). Board Member, Mutual of Omaha Investor Services, Inc. (since 2022). Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
William H. Cunningham,3 Born: 1944 | 2012 | 184 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 183 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). Trustee of various trusts within the John Hancock Fund Complex (since 2022). | ||
Grace K. Fey, Born: 1946 | 2008 | 186 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Dean C. Garfield,* Born: 1968 | 2022 | 183 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 39 |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Deborah C. Jackson, Born: 1952 | 2012 | 185 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 183 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,3 Born: 1960 | 2020 | 183 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). | ||
Gregory A. Russo, Born: 1949 | 2012 | 183 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
40 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Non-Independent Trustees4 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 184 |
Non-Independent Trustee | ||
Global Head of Retail for Manulife (since 2022); Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (2018-2023); Director and Chairman, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Chairman, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); Director and Chairman, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (2007-2023, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Paul Lorentz,† Born: 1968 | 2022 | 183 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Kristie M. Feinberg, Born: 1975 | 2023 |
President | |
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2023); CFO and Global Head of Strategy, Manulife Investment Management (2021-2023, including prior positions); CFO Americas & Global Head of Treasury, Invesco, Ltd., Invesco US (2019-2020, including prior positions); Senior Vice President, Corporate Treasurer and Business Controller, Oppenheimer Funds (2001-2019, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2023). | |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 41 |
Principal officers who are not Trustees (continued) | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is duly elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee as of September 26, 2023. |
3 | Member of the Audit Committee. |
4 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
42 | JOHN HANCOCK REAL ESTATE SECURITIES FUND | ANNUAL REPORT |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Deborah C. Jackson
Patricia Lizarraga*,^,§
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
You can also contact us: | ||
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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 |
ANNUAL REPORT | JOHN HANCOCK REAL ESTATE SECURITIES FUND | 43 |
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MF3099615 | 488A 8/23 |
United States and Europe
Manulife Investment Management
John Hancock Investment Management
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 1 |
2 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 3 |
4 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
NET CURRENCY EXPOSURE AS OF 8/31/2023 (% of net assets) | |
United States Dollar | 85.1 |
Other Currencies | 4.8 |
Canadian Dollar | 2.8 |
Indonesian Rupiah | 2.7 |
Korean Won | 1.8 |
Norwegian Krone | 1.7 |
Malaysian Ringgit | 1.5 |
Euro | 1.2 |
Philippine Peso | 1.2 |
Singapore Dollar | (2.8) |
TOTAL | 100.0 |
Net currency exposure, after taking into account the effects of forward foreign currency exchange contracts. |
COUNTRY COMPOSITION AS OF 8/31/2023 (% of net assets) | |
United States | 59.9 |
Canada | 7.2 |
Indonesia | 4.2 |
Supranational | 3.1 |
Mexico | 2.4 |
United Kingdom | 1.9 |
South Korea | 1.8 |
New Zealand | 1.7 |
Norway | 1.7 |
Philippines | 1.7 |
Other countries | 14.4 |
TOTAL | 100.0 |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 5 |
6 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
Average annual total returns (%) with maximum sales charge | Cumulative total returns (%) with maximum sales charge | SEC 30-day yield (%) subsidized | SEC 30-day yield (%) unsubsidized† | |||||
1-year | 5-year | 10-year | 5-year | 10-year | as of 8-31-23 | as of 8-31-23 | ||
Class A | -1.76 | 0.70 | 1.83 | 3.56 | 19.88 | 4.39 | 4.35 | |
Class C | 0.53 | 0.81 | 1.53 | 4.14 | 16.45 | 3.88 | 3.83 | |
Class I1 | 2.54 | 1.83 | 2.56 | 9.47 | 28.76 | 4.88 | 4.83 | |
Class R21 | 2.14 | 1.42 | 2.16 | 7.31 | 23.80 | 4.45 | 4.40 | |
Class R61 | 2.65 | 1.92 | 2.66 | 9.96 | 29.99 | 4.99 | 4.94 | |
Class NAV1 | 2.65 | 1.95 | 2.67 | 10.11 | 30.17 | 4.99 | 4.94 | |
Index†† | -1.19 | 0.49 | 1.48 | 2.47 | 15.86 | — | — |
Class A | Class C | Class I | Class R2 | Class R6 | Class NAV | |
Gross (%) | 1.11 | 1.81 | 0.81 | 1.20 | 0.70 | 0.69 |
Net (%) | 1.06 | 1.76 | 0.76 | 1.15 | 0.65 | 0.64 |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 7 |
Start date | With maximum sales charge ($) | Without sales charge ($) | Index ($) | |
Class C2 | 8-31-13 | 11,645 | 11,645 | 11,586 |
Class I1 | 8-31-13 | 12,876 | 12,876 | 11,586 |
Class R21 | 8-31-13 | 12,380 | 12,380 | 11,586 |
Class R61 | 8-31-13 | 12,999 | 12,999 | 11,586 |
Class NAV1 | 8-31-13 | 13,017 | 13,017 | 11,586 |
1 | For certain types of investors, as described in the fund’s prospectuses. |
2 | The contingent deferred sales charge is not applicable. |
8 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 9 |
Account value on 3-1-2023 | Ending value on 8-31-2023 | Expenses paid during period ended 8-31-20231 | Annualized expense ratio | ||
Class A | Actual expenses/actual returns | $1,000.00 | $1,022.60 | $5.56 | 1.09% |
Hypothetical example | 1,000.00 | 1,019.70 | 5.55 | 1.09% | |
Class C | Actual expenses/actual returns | 1,000.00 | 1,019.10 | 9.06 | 1.78% |
Hypothetical example | 1,000.00 | 1,016.20 | 9.05 | 1.78% | |
Class I | Actual expenses/actual returns | 1,000.00 | 1,024.20 | 3.98 | 0.78% |
Hypothetical example | 1,000.00 | 1,021.30 | 3.97 | 0.78% | |
Class R2 | Actual expenses/actual returns | 1,000.00 | 1,021.10 | 6.01 | 1.18% |
Hypothetical example | 1,000.00 | 1,019.30 | 6.01 | 1.18% | |
Class R6 | Actual expenses/actual returns | 1,000.00 | 1,023.70 | 3.42 | 0.67% |
Hypothetical example | 1,000.00 | 1,021.80 | 3.41 | 0.67% | |
Class NAV | Actual expenses/actual returns | 1,000.00 | 1,023.70 | 3.42 | 0.67% |
Hypothetical example | 1,000.00 | 1,021.80 | 3.41 | 0.67% |
1 | Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). |
10 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government and Agency obligations 13.4% | $448,015,320 | ||||
(Cost $488,519,685) | |||||
U.S. Government 10.7% | 358,088,622 | ||||
U.S. Treasury | |||||
Bond | 2.000 | 02-15-50 | 31,340,000 | 20,068,618 | |
Bond | 2.375 | 02-15-42 | 22,080,000 | 16,426,312 | |
Bond | 2.750 | 11-15-42 | 10,200,000 | 7,997,438 | |
Bond | 3.000 | 02-15-49 | 58,470,000 | 46,412,846 | |
Bond | 3.000 | 08-15-52 | 11,120,000 | 8,861,684 | |
Bond | 3.625 | 02-15-53 | 28,510,000 | 25,685,728 | |
Note | 0.500 | 02-28-26 | 2,800,000 | 2,528,094 | |
Note | 1.500 | 01-31-27 | 34,715,000 | 31,488,946 | |
Note | 1.875 | 02-15-32 | 22,533,000 | 18,939,162 | |
Note | 2.375 | 03-31-29 | 16,245,000 | 14,732,819 | |
Note | 2.625 | 05-31-27 | 10,525,000 | 9,879,522 | |
Note | 2.750 | 08-15-32 | 42,010,000 | 37,708,898 | |
Note | 2.875 | 05-15-32 | 91,260,000 | 82,936,090 | |
Note | 3.500 | 02-15-33 | 36,145,000 | 34,422,465 | |
U.S. Government Agency 2.7% | 89,926,698 | ||||
Federal Home Loan Mortgage Corp. | |||||
30 Yr Pass Thru | 4.500 | 08-01-52 | 8,641,077 | 8,193,325 | |
30 Yr Pass Thru | 5.000 | 08-01-52 | 7,936,110 | 7,749,465 | |
30 Yr Pass Thru | 5.000 | 10-01-52 | 7,639,901 | 7,453,060 | |
30 Yr Pass Thru | 5.000 | 11-01-52 | 4,287,378 | 4,173,147 | |
30 Yr Pass Thru | 5.000 | 11-01-52 | 9,560,167 | 9,335,327 | |
30 Yr Pass Thru | 5.500 | 11-01-52 | 6,908,300 | 6,860,648 | |
Federal National Mortgage Association | |||||
30 Yr Pass Thru | 4.500 | 09-01-52 | 13,094,404 | 12,493,644 | |
30 Yr Pass Thru | 5.000 | 11-01-52 | 7,694,942 | 7,506,756 | |
30 Yr Pass Thru | 5.500 | 10-01-52 | 5,625,897 | 5,599,398 | |
30 Yr Pass Thru | 5.500 | 11-01-52 | 9,633,001 | 9,527,420 | |
30 Yr Pass Thru | 5.500 | 12-01-52 | 11,111,151 | 11,034,508 | |
Foreign government obligations 23.5% | $784,391,761 | ||||
(Cost $843,647,219) | |||||
Australia 1.6% | 53,661,016 | ||||
Commonwealth of Australia | 0.500 | 09-21-26 | AUD | 8,025,000 | 4,719,428 |
Commonwealth of Australia | 1.000 | 12-21-30 | AUD | 8,280,000 | 4,378,553 |
New South Wales Treasury Corp. | 1.250 | 03-20-25 | AUD | 9,705,000 | 6,019,250 |
New South Wales Treasury Corp. | 1.500 | 02-20-32 | AUD | 24,960,000 | 12,707,186 |
New South Wales Treasury Corp. | 3.000 | 05-20-27 | AUD | 13,240,000 | 8,274,214 |
Queensland Treasury Corp. (A) | 2.750 | 08-20-27 | AUD | 8,865,000 | 5,478,788 |
Treasury Corp. of Victoria | 2.250 | 11-20-34 | AUD | 7,320,000 | 3,673,197 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 11 |
Rate (%) | Maturity date | Par value^ | Value | ||
Australia (continued) | |||||
Western Australian Treasury Corp. | 1.500 | 10-22-30 | AUD | 15,635,000 | $8,410,400 |
Austria 0.2% | 6,747,659 | ||||
Republic of Austria (A) | 0.500 | 02-20-29 | EUR | 7,075,000 | 6,747,659 |
Brazil 0.9% | 29,718,290 | ||||
Federative Republic of Brazil | 10.000 | 01-01-25 | BRL | 130,720,000 | 26,613,315 |
Federative Republic of Brazil | 10.000 | 01-01-27 | BRL | 15,285,000 | 3,104,975 |
Canada 3.0% | 100,789,996 | ||||
CPPIB Capital, Inc. (A) | 2.250 | 12-01-31 | CAD | 6,685,000 | 4,252,881 |
Government of Canada | 0.500 | 12-01-30 | CAD | 14,200,000 | 8,414,068 |
Government of Canada | 1.250 | 03-01-25 | CAD | 36,210,000 | 25,451,219 |
Government of Canada | 1.500 | 09-01-24 | CAD | 2,863,000 | 2,047,092 |
Government of Canada | 2.750 | 06-01-33 | CAD | 13,490,000 | 9,317,205 |
Province of Alberta | 0.625 | 04-18-25 | EUR | 3,045,000 | 3,148,892 |
Province of British Columbia | 4.200 | 07-06-33 | 6,870,000 | 6,694,068 | |
Province of Ontario | 1.350 | 12-02-30 | CAD | 25,645,000 | 15,574,707 |
Province of Ontario | 3.450 | 06-02-45 | CAD | 10,495,000 | 6,691,728 |
Province of Quebec | 0.200 | 04-07-25 | EUR | 3,150,000 | 3,235,389 |
Province of Quebec | 1.500 | 12-15-23 | GBP | 3,535,000 | 4,426,869 |
Province of Quebec | 3.000 | 09-01-23 | CAD | 5,650,000 | 4,181,301 |
Province of Quebec | 4.500 | 09-08-33 | 7,382,000 | 7,354,577 | |
China 0.1% | 4,934,461 | ||||
People’s Republic of China | 2.690 | 08-12-26 | CNY | 35,520,000 | 4,934,461 |
Colombia 0.2% | 7,513,552 | ||||
Republic of Colombia | 3.250 | 04-22-32 | 4,655,000 | 3,482,990 | |
Republic of Colombia | 4.500 | 03-15-29 | 2,450,000 | 2,177,540 | |
Republic of Colombia | 5.625 | 02-26-44 | 2,450,000 | 1,853,022 | |
Finland 0.1% | 4,013,815 | ||||
Kuntarahoitus OYJ (3 month NIBOR + 1.250%) (B) | 5.640 | 01-10-25 | NOK | 42,000,000 | 4,013,815 |
Germany 1.1% | 36,604,166 | ||||
Federal Republic of Germany | 3.250 | 07-04-42 | EUR | 4,600,000 | 5,436,870 |
Federal Republic of Germany, Zero Coupon | 0.000 | 11-15-27 | EUR | 5,700,000 | 5,572,385 |
Federal Republic of Germany, Zero Coupon | 0.000 | 02-15-31 | EUR | 6,070,000 | 5,526,688 |
Federal Republic of Germany, Zero Coupon | 0.000 | 02-15-32 | EUR | 18,910,000 | 16,800,787 |
Federal Republic of Germany, Zero Coupon | 0.000 | 05-15-35 | EUR | 4,035,000 | 3,267,436 |
12 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Greece 0.1% | $4,646,608 | ||||
Republic of Greece (A) | 2.000 | 04-22-27 | EUR | 4,495,000 | 4,646,608 |
India 1.0% | 32,797,849 | ||||
Export-Import Bank of India (A) | 3.875 | 02-01-28 | 6,380,000 | 5,964,917 | |
Republic of India | 5.220 | 06-15-25 | INR | 696,560,000 | 8,149,368 |
Republic of India | 6.100 | 07-12-31 | INR | 358,560,000 | 4,050,229 |
Republic of India | 6.450 | 10-07-29 | INR | 373,000,000 | 4,342,175 |
Republic of India | 7.060 | 04-10-28 | INR | 421,080,000 | 5,087,237 |
Republic of India | 7.260 | 02-06-33 | INR | 272,460,000 | 3,312,023 |
Republic of India | 7.270 | 04-08-26 | INR | 156,200,000 | 1,891,900 |
Indonesia 3.4% | 114,343,811 | ||||
Perusahaan Penerbit SBSN Indonesia III (A) | 4.150 | 03-29-27 | 8,310,000 | 8,037,129 | |
Republic of Indonesia | 1.100 | 03-12-33 | EUR | 2,709,000 | 2,137,035 |
Republic of Indonesia (A) | 2.150 | 07-18-24 | EUR | 6,000,000 | 6,375,981 |
Republic of Indonesia | 3.050 | 03-12-51 | 5,655,000 | 3,995,973 | |
Republic of Indonesia | 3.850 | 10-15-30 | 4,480,000 | 4,139,053 | |
Republic of Indonesia | 5.125 | 04-15-27 | IDR | 61,400,000,000 | 3,887,646 |
Republic of Indonesia | 6.375 | 08-15-28 | IDR | 258,309,000,000 | 17,027,030 |
Republic of Indonesia | 6.375 | 04-15-32 | IDR | 190,055,000,000 | 12,448,191 |
Republic of Indonesia | 6.500 | 06-15-25 | IDR | 342,192,000,000 | 22,544,902 |
Republic of Indonesia | 6.625 | 05-15-33 | IDR | 84,156,000,000 | 5,619,401 |
Republic of Indonesia | 7.500 | 06-15-35 | IDR | 61,272,000,000 | 4,327,984 |
Republic of Indonesia | 7.500 | 05-15-38 | IDR | 62,856,000,000 | 4,439,300 |
Republic of Indonesia | 8.125 | 05-15-24 | IDR | 30,464,000,000 | 2,022,946 |
Republic of Indonesia | 8.375 | 09-15-26 | IDR | 81,815,000,000 | 5,676,023 |
Republic of Indonesia | 8.750 | 05-15-31 | IDR | 111,458,000,000 | 8,308,310 |
Republic of Indonesia | 9.000 | 03-15-29 | IDR | 45,615,000,000 | 3,356,907 |
Ireland 0.1% | 2,726,753 | ||||
Republic of Ireland | 1.100 | 05-15-29 | EUR | 2,760,000 | 2,726,753 |
Italy 0.2% | 6,830,354 | ||||
Republic of Italy | 1.250 | 02-17-26 | 7,595,000 | 6,830,354 | |
Japan 0.7% | 21,971,368 | ||||
Government of Japan | 0.005 | 03-20-27 | JPY | 742,050,000 | 5,081,327 |
Government of Japan | 0.400 | 09-20-25 | JPY | 2,438,650,000 | 16,890,041 |
Malaysia 1.5% | 48,993,502 | ||||
Government of Malaysia | 3.733 | 06-15-28 | MYR | 24,975,000 | 5,391,243 |
Government of Malaysia | 3.828 | 07-05-34 | MYR | 22,120,000 | 4,696,448 |
Government of Malaysia | 3.844 | 04-15-33 | MYR | 43,936,000 | 9,426,087 |
Government of Malaysia | 3.882 | 03-14-25 | MYR | 30,035,000 | 6,527,911 |
Government of Malaysia | 3.899 | 11-16-27 | MYR | 35,552,000 | 7,744,691 |
Government of Malaysia | 3.900 | 11-30-26 | MYR | 18,960,000 | 4,131,447 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 13 |
Rate (%) | Maturity date | Par value^ | Value | ||
Malaysia (continued) | |||||
Government of Malaysia | 3.906 | 07-15-26 | MYR | 20,310,000 | $4,427,232 |
Government of Malaysia | 4.498 | 04-15-30 | MYR | 29,585,000 | 6,648,443 |
Mexico 1.9% | 64,127,968 | ||||
Government of Mexico | 5.000 | 03-06-25 | MXN | 448,570,000 | 24,344,930 |
Government of Mexico | 7.500 | 05-26-33 | MXN | 399,470,000 | 20,792,448 |
Government of Mexico | 7.750 | 05-29-31 | MXN | 354,390,000 | 18,990,590 |
New Zealand 1.7% | 57,376,560 | ||||
Government of New Zealand | 0.500 | 05-15-24 | NZD | 21,830,000 | 12,563,450 |
Government of New Zealand | 0.500 | 05-15-26 | NZD | 10,910,000 | 5,759,759 |
Government of New Zealand | 2.750 | 04-15-25 | NZD | 7,320,000 | 4,184,776 |
Government of New Zealand | 3.500 | 04-14-33 | NZD | 31,320,000 | 16,710,457 |
New Zealand Local Government Funding Agency | 1.500 | 04-15-26 | NZD | 5,765,000 | 3,114,930 |
New Zealand Local Government Funding Agency | 3.000 | 05-15-35 | NZD | 10,470,000 | 4,879,742 |
New Zealand Local Government Funding Agency | 3.500 | 04-14-33 | NZD | 8,350,000 | 4,255,861 |
New Zealand Local Government Funding Agency | 4.500 | 04-15-27 | NZD | 10,170,000 | 5,907,585 |
Norway 1.2% | 40,207,778 | ||||
Kingdom of Norway (A) | 1.250 | 09-17-31 | NOK | 110,420,000 | 8,562,984 |
Kingdom of Norway (A) | 1.750 | 03-13-25 | NOK | 127,825,000 | 11,579,009 |
Kingdom of Norway (A) | 1.750 | 02-17-27 | NOK | 12,930,000 | 1,127,102 |
Kingdom of Norway (A) | 2.125 | 05-18-32 | NOK | 110,590,000 | 9,105,209 |
Kommunalbanken AS | 4.250 | 07-16-25 | AUD | 10,774,000 | 6,957,676 |
Kommunalbanken AS | 5.250 | 07-15-24 | AUD | 4,410,000 | 2,875,798 |
Philippines 1.7% | 55,688,129 | ||||
Republic of the Philippines | 0.875 | 05-17-27 | EUR | 14,460,000 | 13,896,142 |
Republic of the Philippines | 2.625 | 08-12-25 | PHP | 828,425,000 | 13,678,928 |
Republic of the Philippines | 3.625 | 09-09-25 | PHP | 302,480,000 | 5,090,841 |
Republic of the Philippines | 6.125 | 08-22-28 | PHP | 438,705,000 | 7,733,853 |
Republic of the Philippines | 6.250 | 01-14-36 | PHP | 235,000,000 | 4,010,810 |
Republic of the Philippines | 6.750 | 09-15-32 | PHP | 445,280,000 | 8,072,233 |
Republic of the Philippines | 8.000 | 09-30-35 | PHP | 160,300,000 | 3,205,322 |
Qatar 0.2% | 5,734,048 | ||||
State of Qatar (A) | 4.817 | 03-14-49 | 6,160,000 | 5,734,048 | |
Singapore 0.3% | 9,106,199 | ||||
Republic of Singapore | 3.375 | 09-01-33 | SGD | 12,070,000 | 9,106,199 |
South Korea 1.8% | 58,843,866 | ||||
Republic of Korea | 1.375 | 12-10-29 | KRW | 5,133,700,000 | 3,370,196 |
Republic of Korea | 2.125 | 06-10-27 | KRW | 13,298,800,000 | 9,492,865 |
14 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
South Korea (continued) | |||||
Republic of Korea | 2.375 | 03-10-27 | KRW | 37,882,990,000 | $27,381,685 |
Republic of Korea | 3.125 | 09-10-27 | KRW | 6,167,200,000 | 4,557,860 |
Republic of Korea | 3.250 | 06-10-33 | KRW | 10,498,000,000 | 7,567,893 |
Republic of Korea | 4.250 | 12-10-32 | KRW | 8,219,530,000 | 6,473,367 |
United Arab Emirates 0.1% | 3,464,410 | ||||
Government of Abu Dhabi (A) | 3.875 | 04-16-50 | 4,315,000 | 3,464,410 | |
United Kingdom 0.4% | 13,549,603 | ||||
Government of United Kingdom | 0.250 | 01-31-25 | GBP | 3,650,000 | 4,332,230 |
Government of United Kingdom | 4.250 | 12-07-27 | GBP | 7,360,000 | 9,217,373 |
Corporate bonds 46.5% | $1,554,417,665 | ||||
(Cost $1,749,755,298) | |||||
Communication services 4.6% | 153,151,570 | ||||
Diversified telecommunication services 0.2% | |||||
Cellnex Telecom SA | 1.875 | 06-26-29 | EUR | 5,400,000 | 5,004,408 |
IHS Holding, Ltd. (A) | 6.250 | 11-29-28 | 3,600,000 | 2,897,640 | |
Entertainment 0.4% | |||||
WMG Acquisition Corp. (A)(C) | 3.000 | 02-15-31 | 15,595,000 | 12,716,319 | |
Interactive media and services 0.1% | |||||
Match Group Holdings II LLC (A)(C) | 4.125 | 08-01-30 | 3,640,000 | 3,121,737 | |
Media 2.7% | |||||
CCO Holdings LLC (A) | 4.250 | 02-01-31 | 15,105,000 | 12,390,390 | |
CCO Holdings LLC (A) | 4.500 | 06-01-33 | 5,745,000 | 4,534,932 | |
Charter Communications Operating LLC | 2.800 | 04-01-31 | 2,350,000 | 1,893,638 | |
Charter Communications Operating LLC | 5.125 | 07-01-49 | 14,590,000 | 11,226,612 | |
Charter Communications Operating LLC | 5.750 | 04-01-48 | 5,420,000 | 4,566,261 | |
Globo Comunicacao e Participacoes SA (A) | 5.500 | 01-14-32 | 5,840,000 | 4,917,983 | |
LCPR Senior Secured Financing DAC (A) | 5.125 | 07-15-29 | 8,000,000 | 6,744,000 | |
News Corp. (A) | 3.875 | 05-15-29 | 14,435,000 | 12,676,673 | |
Sirius XM Radio, Inc. (A) | 4.125 | 07-01-30 | 12,225,000 | 9,966,187 | |
Virgin Media Finance PLC (A) | 5.000 | 07-15-30 | 7,640,000 | 6,178,927 | |
Virgin Media Secured Finance PLC (A) | 4.500 | 08-15-30 | 5,145,000 | 4,344,258 | |
Virgin Media Secured Finance PLC (A) | 5.500 | 05-15-29 | 11,030,000 | 10,082,516 | |
Wireless telecommunication services 1.2% | |||||
Sprint LLC | 7.625 | 02-15-25 | 3,670,000 | 3,742,226 | |
T-Mobile USA, Inc. | 2.625 | 02-15-29 | 4,405,000 | 3,814,384 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 15 |
Rate (%) | Maturity date | Par value^ | Value | ||
Communication services (continued) | |||||
Wireless telecommunication services (continued) | |||||
T-Mobile USA, Inc. | 2.875 | 02-15-31 | 4,070,000 | $3,421,962 | |
T-Mobile USA, Inc. | 3.375 | 04-15-29 | 4,865,000 | 4,360,800 | |
T-Mobile USA, Inc. | 3.500 | 04-15-31 | 7,575,000 | 6,613,789 | |
Vmed O2 UK Financing I PLC (A) | 3.250 | 01-31-31 | EUR | 7,750,000 | 6,979,841 |
Vmed O2 UK Financing I PLC (A) | 4.250 | 01-31-31 | 13,395,000 | 10,956,087 | |
Consumer discretionary 6.0% | 201,443,684 | ||||
Automobiles 1.2% | |||||
BMW Finance NV | 1.000 | 11-14-24 | EUR | 4,785,000 | 5,022,897 |
Ford Motor Company | 3.250 | 02-12-32 | 4,125,000 | 3,220,010 | |
Ford Motor Credit Company LLC | 2.748 | 06-14-24 | GBP | 3,354,000 | 4,088,766 |
Ford Motor Credit Company LLC | 2.900 | 02-16-28 | 3,620,000 | 3,089,289 | |
Ford Motor Credit Company LLC | 3.625 | 06-17-31 | 10,800,000 | 8,750,607 | |
Ford Motor Credit Company LLC | 4.000 | 11-13-30 | 2,575,000 | 2,178,834 | |
Ford Motor Credit Company LLC | 4.125 | 08-17-27 | 1,665,000 | 1,510,769 | |
Ford Motor Credit Company LLC | 4.542 | 08-01-26 | 2,695,000 | 2,540,169 | |
Ford Motor Credit Company LLC | 4.950 | 05-28-27 | 11,500,000 | 10,791,045 | |
Broadline retail 0.2% | |||||
MercadoLibre, Inc. (C) | 2.375 | 01-14-26 | 5,950,000 | 5,441,116 | |
MercadoLibre, Inc. | 3.125 | 01-14-31 | 3,340,000 | 2,673,006 | |
Diversified consumer services 0.4% | |||||
Duke University | 3.299 | 10-01-46 | 7,549,000 | 5,649,846 | |
Massachusetts Institute of Technology | 2.989 | 07-01-50 | 4,505,000 | 3,233,526 | |
President and Fellows of Harvard College | 2.517 | 10-15-50 | 6,515,000 | 4,214,209 | |
Hotels, restaurants and leisure 4.2% | |||||
Carnival Corp. (A) | 5.750 | 03-01-27 | 10,390,000 | 9,778,163 | |
Hilton Domestic Operating Company, Inc. (A) | 3.625 | 02-15-32 | 4,920,000 | 4,114,574 | |
Hilton Domestic Operating Company, Inc. | 4.875 | 01-15-30 | 7,450,000 | 6,950,188 | |
Hyatt Hotels Corp. | 5.750 | 04-23-30 | 9,696,000 | 9,709,265 | |
MGM Resorts International | 4.750 | 10-15-28 | 1,060,000 | 961,970 | |
New Red Finance, Inc. (A) | 3.500 | 02-15-29 | 15,357,000 | 13,445,253 | |
New Red Finance, Inc. (A) | 3.875 | 01-15-28 | 8,793,000 | 7,997,620 | |
New Red Finance, Inc. (A) | 4.000 | 10-15-30 | 20,370,000 | 17,256,470 | |
Premier Entertainment Sub LLC (A) | 5.625 | 09-01-29 | 2,115,000 | 1,688,193 | |
Premier Entertainment Sub LLC (A) | 5.875 | 09-01-31 | 4,430,000 | 3,425,276 | |
Royal Caribbean Cruises, Ltd. (A) | 5.500 | 04-01-28 | 11,045,000 | 10,353,582 | |
Royal Caribbean Cruises, Ltd. (A) | 11.625 | 08-15-27 | 1,716,000 | 1,869,798 | |
Travel + Leisure Company (A) | 4.500 | 12-01-29 | 7,482,000 | 6,439,458 |
16 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Consumer discretionary (continued) | |||||
Hotels, restaurants and leisure (continued) | |||||
Travel + Leisure Company (A) | 6.625 | 07-31-26 | 3,226,000 | $3,201,676 | |
Wyndham Hotels & Resorts, Inc. (A)(C) | 4.375 | 08-15-28 | 6,920,000 | 6,311,032 | |
Yum! Brands, Inc. | 3.625 | 03-15-31 | 18,845,000 | 15,981,016 | |
Yum! Brands, Inc. | 4.625 | 01-31-32 | 7,170,000 | 6,415,282 | |
Yum! Brands, Inc. (A) | 4.750 | 01-15-30 | 14,270,000 | 13,140,779 | |
Consumer staples 2.8% | 93,558,358 | ||||
Beverages 0.2% | |||||
Becle SAB de CV (A) | 2.500 | 10-14-31 | 8,250,000 | 6,470,087 | |
Food products 2.3% | |||||
Darling Ingredients, Inc. (A) | 6.000 | 06-15-30 | 13,370,000 | 13,066,974 | |
JBS USA LUX SA | 3.625 | 01-15-32 | 9,845,000 | 8,079,613 | |
JBS USA LUX SA | 5.750 | 04-01-33 | 5,895,000 | 5,610,474 | |
Kraft Heinz Foods Company | 4.375 | 06-01-46 | 14,825,000 | 12,267,673 | |
Kraft Heinz Foods Company | 6.875 | 01-26-39 | 6,560,000 | 7,179,537 | |
Kraft Heinz Foods Company (A) | 7.125 | 08-01-39 | 1,675,000 | 1,837,334 | |
MARB BondCo PLC (A) | 3.950 | 01-29-31 | 10,761,000 | 8,374,499 | |
NBM US Holdings, Inc. (A) | 7.000 | 05-14-26 | 2,229,000 | 2,198,156 | |
Post Holdings, Inc. (A) | 4.500 | 09-15-31 | 3,240,000 | 2,791,217 | |
Post Holdings, Inc. (A) | 5.500 | 12-15-29 | 3,230,000 | 2,987,925 | |
Post Holdings, Inc. (A) | 5.625 | 01-15-28 | 12,510,000 | 11,995,623 | |
Personal care products 0.3% | |||||
Natura & Company Luxembourg Holdings Sarl (A)(C) | 6.000 | 04-19-29 | 4,015,000 | 3,694,016 | |
Natura Cosmeticos SA (A) | 4.125 | 05-03-28 | 8,030,000 | 7,005,230 | |
Energy 7.2% | 239,883,883 | ||||
Oil, gas and consumable fuels 7.2% | |||||
Aker BP ASA (A) | 3.750 | 01-15-30 | 8,430,000 | 7,459,941 | |
Cenovus Energy, Inc. | 3.500 | 02-07-28 | CAD | 5,175,000 | 3,567,847 |
Cenovus Energy, Inc. | 5.250 | 06-15-37 | 2,074,000 | 1,891,044 | |
Cenovus Energy, Inc. | 5.400 | 06-15-47 | 8,203,000 | 7,373,683 | |
Cenovus Energy, Inc. | 6.750 | 11-15-39 | 18,593,000 | 19,278,067 | |
Cheniere Energy Partners LP | 4.000 | 03-01-31 | 17,070,000 | 15,070,326 | |
Civitas Resources, Inc. (A) | 8.750 | 07-01-31 | 9,190,000 | 9,511,650 | |
Columbia Pipelines Operating Company LLC (A) | 6.036 | 11-15-33 | 2,170,000 | 2,192,243 | |
Continental Resources, Inc. (A) | 2.875 | 04-01-32 | 16,454,000 | 12,615,194 | |
Continental Resources, Inc. (A) | 5.750 | 01-15-31 | 13,466,000 | 12,870,837 | |
Ecopetrol SA | 4.625 | 11-02-31 | 4,570,000 | 3,610,533 | |
Ecopetrol SA | 5.375 | 06-26-26 | 2,445,000 | 2,368,331 | |
Ecopetrol SA | 5.875 | 05-28-45 | 2,485,000 | 1,751,765 | |
Ecopetrol SA | 6.875 | 04-29-30 | 4,970,000 | 4,628,554 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 17 |
Rate (%) | Maturity date | Par value^ | Value | ||
Energy (continued) | |||||
Oil, gas and consumable fuels (continued) | |||||
Enbridge, Inc. | 3.125 | 11-15-29 | 10,080,000 | $8,898,560 | |
EQT Corp. (A)(C) | 3.625 | 05-15-31 | 15,945,000 | 13,779,031 | |
EQT Corp. | 3.900 | 10-01-27 | 3,283,000 | 3,065,527 | |
Kinder Morgan, Inc. | 5.300 | 12-01-34 | 2,405,000 | 2,287,426 | |
MC Brazil Downstream Trading SARL (A) | 7.250 | 06-30-31 | 8,580,917 | 5,749,214 | |
Medco Oak Tree Pte, Ltd. (A) | 7.375 | 05-14-26 | 12,545,000 | 12,248,049 | |
Occidental Petroleum Corp. | 3.200 | 08-15-26 | 1,560,000 | 1,425,450 | |
Occidental Petroleum Corp. | 3.400 | 04-15-26 | 2,417,000 | 2,265,729 | |
Occidental Petroleum Corp. | 6.125 | 01-01-31 | 7,895,000 | 7,955,002 | |
Occidental Petroleum Corp. | 6.625 | 09-01-30 | 11,815,000 | 12,196,787 | |
Occidental Petroleum Corp. | 7.500 | 05-01-31 | 3,470,000 | 3,759,750 | |
Ovintiv, Inc. | 6.500 | 08-15-34 | 8,760,000 | 8,882,632 | |
Ovintiv, Inc. | 6.500 | 02-01-38 | 5,700,000 | 5,599,152 | |
Pertamina Persero PT (A) | 3.100 | 01-21-30 | 2,700,000 | 2,332,364 | |
Pertamina Persero PT (A) | 3.650 | 07-30-29 | 3,440,000 | 3,131,076 | |
Petrorio Luxembourg Trading Sarl (A) | 6.125 | 06-09-26 | 5,350,000 | 5,140,102 | |
QatarEnergy (A) | 2.250 | 07-12-31 | 7,975,000 | 6,555,035 | |
QatarEnergy (A) | 3.300 | 07-12-51 | 3,105,000 | 2,174,233 | |
Southwestern Energy Company | 5.700 | 01-23-25 | 166,000 | 164,383 | |
The Williams Companies, Inc. | 3.500 | 11-15-30 | 865,000 | 766,159 | |
TransCanada PipeLines, Ltd. | 4.100 | 04-15-30 | 13,295,000 | 12,178,655 | |
Transcontinental Gas Pipe Line Company LLC | 3.250 | 05-15-30 | 875,000 | 771,219 | |
Var Energi ASA (A) | 7.500 | 01-15-28 | 5,380,000 | 5,586,538 | |
Western Midstream Operating LP | 4.050 | 02-01-30 | 9,845,000 | 8,781,795 | |
Financials 7.7% | 255,875,502 | ||||
Banks 4.7% | |||||
Asian Development Bank | 3.000 | 10-14-26 | AUD | 5,880,000 | 3,672,163 |
Bank of Montreal (7.325% to 11-26-27, then 5 Year Canada Government Bond Yield + 4.098%) | 7.325 | 11-26-82 | CAD | 11,950,000 | 8,628,020 |
European Investment Bank | 0.250 | 01-20-32 | EUR | 10,275,000 | 8,878,116 |
Inter-American Development Bank | 2.700 | 01-29-26 | AUD | 5,932,000 | 3,705,066 |
Inter-American Development Bank | 2.750 | 10-30-25 | AUD | 5,140,000 | 3,225,748 |
International Bank for Reconstruction & Development | 1.200 | 08-08-34 | EUR | 17,620,000 | 15,669,782 |
International Bank for Reconstruction & Development | 1.250 | 03-16-26 | NOK | 35,210,000 | 3,051,090 |
18 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Banks (continued) | |||||
International Bank for Reconstruction & Development | 1.800 | 01-19-27 | CAD | 6,585,000 | $4,464,418 |
International Bank for Reconstruction & Development | 1.900 | 01-16-25 | CAD | 8,110,000 | 5,747,944 |
International Bank for Reconstruction & Development | 5.000 | 06-22-26 | NZD | 17,525,000 | 10,355,337 |
International Development Association | 1.750 | 02-17-27 | NOK | 27,410,000 | 2,351,073 |
International Finance Corp. | 0.375 | 09-10-25 | NZD | 12,980,000 | 6,986,881 |
International Finance Corp. | 2.550 | 09-18-23 | CNY | 32,140,000 | 4,407,027 |
International Finance Corp. | 3.600 | 02-24-26 | AUD | 14,185,000 | 9,044,433 |
KfW | 2.875 | 02-17-27 | NOK | 20,980,000 | 1,868,501 |
Nordea Eiendomskreditt AS (3 month NIBOR + 0.340%) (B) | 4.500 | 06-19-24 | NOK | 33,000,000 | 3,109,171 |
Nordic Investment Bank | 1.875 | 04-10-24 | NOK | 46,090,000 | 4,258,711 |
Nordic Investment Bank | 3.000 | 08-23-27 | NOK | 48,680,000 | 4,329,376 |
Nordic Investment Bank | 4.000 | 11-04-26 | NOK | 25,000,000 | 2,307,519 |
Popular, Inc. | 7.250 | 03-13-28 | 7,230,000 | 7,275,188 | |
Royal Bank of Canada (4.200% to 2-24-27, then 5 Year Canada Government Bond Yield + 2.710%) (D) | 4.200 | 02-24-27 | CAD | 6,420,000 | 3,565,780 |
The Asian Infrastructure Investment Bank | 0.200 | 12-15-25 | GBP | 6,140,000 | 6,897,660 |
The Bank of Nova Scotia (8.625% to 10-27-27, then 5 Year CMT + 4.389%) | 8.625 | 10-27-82 | 8,635,000 | 8,802,303 | |
The Toronto-Dominion Bank (8.125% to 10-31-27, then 5 Year CMT + 4.075%) | 8.125 | 10-31-82 | 9,915,000 | 9,964,793 | |
U.S. Bancorp | 0.850 | 06-07-24 | EUR | 6,850,000 | 7,195,950 |
U.S. Bancorp (3.700% to 1-15-27, then 5 Year CMT + 2.541%) (D) | 3.700 | 01-15-27 | 6,821,000 | 5,138,055 | |
Capital markets 1.2% | |||||
MSCI, Inc. (A) | 3.250 | 08-15-33 | 4,130,000 | 3,322,740 | |
MSCI, Inc. (A) | 3.625 | 09-01-30 | 15,070,000 | 13,032,072 | |
MSCI, Inc. (A) | 3.625 | 11-01-31 | 8,740,000 | 7,411,336 | |
MSCI, Inc. (A) | 3.875 | 02-15-31 | 6,775,000 | 5,911,095 | |
The Goldman Sachs Group, Inc. | 0.250 | 01-26-28 | EUR | 845,000 | 776,487 |
The Goldman Sachs Group, Inc. | 1.375 | 05-15-24 | EUR | 6,403,000 | 6,813,205 |
The Goldman Sachs Group, Inc. | 2.000 | 11-01-28 | EUR | 3,788,000 | 3,720,278 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 19 |
Rate (%) | Maturity date | Par value^ | Value | ||
Financials (continued) | |||||
Financial services 1.1% | |||||
Berkshire Hathaway Finance Corp. | 2.375 | 06-19-39 | GBP | 7,150,000 | $6,156,384 |
Berkshire Hathaway, Inc., Zero Coupon | 0.000 | 03-12-25 | EUR | 9,235,000 | 9,444,983 |
European Financial Stability Facility, Zero Coupon | 0.000 | 10-15-25 | EUR | 4,440,000 | 4,499,021 |
Fidelity National Information Services, Inc. | 1.000 | 12-03-28 | EUR | 4,800,000 | 4,479,628 |
Fidelity National Information Services, Inc. | 1.500 | 05-21-27 | EUR | 8,945,000 | 8,895,636 |
Fiserv, Inc. | 1.125 | 07-01-27 | EUR | 3,495,000 | 3,433,293 |
Insurance 0.7% | |||||
American International Group, Inc. (8.175% to 5-15-38, then 3 month LIBOR + 4.195%) | 8.175 | 05-15-58 | 15,170,000 | 16,895,342 | |
Chubb INA Holdings, Inc. | 0.300 | 12-15-24 | EUR | 5,990,000 | 6,183,897 |
Health care 4.0% | 133,594,091 | ||||
Health care equipment and supplies 0.6% | |||||
Becton Dickinson Euro Finance Sarl | 1.208 | 06-04-26 | EUR | 8,910,000 | 9,018,567 |
DH Europe Finance II Sarl | 0.450 | 03-18-28 | EUR | 13,445,000 | 12,643,702 |
Health care providers and services 2.7% | |||||
Centene Corp. | 2.500 | 03-01-31 | 9,265,000 | 7,378,076 | |
Centene Corp. | 3.000 | 10-15-30 | 15,295,000 | 12,722,145 | |
Centene Corp. | 3.375 | 02-15-30 | 15,395,000 | 13,174,989 | |
Centene Corp. | 4.625 | 12-15-29 | 2,625,000 | 2,413,688 | |
HCA, Inc. | 3.500 | 09-01-30 | 30,421,000 | 26,570,481 | |
HCA, Inc. | 4.125 | 06-15-29 | 13,845,000 | 12,788,720 | |
HCA, Inc. | 5.500 | 06-01-33 | 6,565,000 | 6,449,465 | |
Rede D’or Finance Sarl (A) | 4.500 | 01-22-30 | 4,134,000 | 3,552,609 | |
Rede D’or Finance Sarl (A) | 4.950 | 01-17-28 | 4,356,000 | 4,006,232 | |
Life sciences tools and services 0.4% | |||||
Thermo Fisher Scientific, Inc. | 0.500 | 03-01-28 | EUR | 6,585,000 | 6,218,629 |
Thermo Fisher Scientific, Inc. | 0.750 | 09-12-24 | EUR | 2,288,000 | 2,400,233 |
Thermo Fisher Scientific, Inc. | 1.400 | 01-23-26 | EUR | 3,297,000 | 3,381,231 |
Pharmaceuticals 0.3% | |||||
Allergan Funding SCS | 1.250 | 06-01-24 | EUR | 6,760,000 | 7,114,570 |
Allergan Funding SCS | 2.625 | 11-15-28 | EUR | 3,795,000 | 3,760,754 |
Industrials 4.3% | 144,315,768 | ||||
Aerospace and defense 1.1% | |||||
Airbus SE | 1.625 | 06-09-30 | EUR | 2,740,000 | 2,608,000 |
DAE Funding LLC (A) | 3.375 | 03-20-28 | 6,635,000 | 5,901,355 |
20 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Industrials (continued) | |||||
Aerospace and defense (continued) | |||||
The Boeing Company | 5.150 | 05-01-30 | 22,885,000 | $22,515,052 | |
The Boeing Company | 5.805 | 05-01-50 | 5,860,000 | 5,701,111 | |
Building products 0.1% | |||||
Johnson Controls International PLC | 0.375 | 09-15-27 | EUR | 2,590,000 | 2,442,936 |
Construction and engineering 0.3% | |||||
AECOM | 5.125 | 03-15-27 | 12,077,000 | 11,587,107 | |
Ground transportation 0.4% | |||||
Indian Railway Finance Corp., Ltd. (A) | 3.249 | 02-13-30 | 7,580,000 | 6,549,294 | |
Uber Technologies, Inc. (A) | 8.000 | 11-01-26 | 5,305,000 | 5,401,535 | |
Passenger airlines 1.7% | |||||
American Airlines, Inc. (A) | 5.500 | 04-20-26 | 7,819,167 | 7,672,820 | |
American Airlines, Inc. (A) | 5.750 | 04-20-29 | 7,395,000 | 7,072,436 | |
Delta Air Lines 2020-1 Class A Pass Through Trust | 2.500 | 06-10-28 | 4,402,697 | 3,859,785 | |
Delta Air Lines, Inc. | 2.900 | 10-28-24 | 4,575,000 | 4,430,771 | |
Delta Air Lines, Inc. (A) | 4.750 | 10-20-28 | 29,063,000 | 27,907,943 | |
Delta Air Lines, Inc. | 7.375 | 01-15-26 | 1,655,000 | 1,702,743 | |
Singapore Airlines, Ltd. | 3.375 | 01-19-29 | 4,250,000 | 3,919,860 | |
Trading companies and distributors 0.7% | |||||
United Rentals North America, Inc. | 3.875 | 02-15-31 | 10,170,000 | 8,699,050 | |
United Rentals North America, Inc. | 4.000 | 07-15-30 | 6,515,000 | 5,709,215 | |
United Rentals North America, Inc. | 4.875 | 01-15-28 | 4,190,000 | 3,986,580 | |
United Rentals North America, Inc. (A) | 6.000 | 12-15-29 | 6,690,000 | 6,648,175 | |
Information technology 0.4% | 12,596,596 | ||||
IT services 0.1% | |||||
Gartner, Inc. (A) | 3.750 | 10-01-30 | 5,220,000 | 4,507,762 | |
Technology hardware, storage and peripherals 0.3% | |||||
CDW LLC | 4.250 | 04-01-28 | 1,655,000 | 1,529,733 | |
Dell International LLC | 8.350 | 07-15-46 | 5,348,000 | 6,559,101 | |
Materials 4.0% | 135,388,640 | ||||
Chemicals 0.5% | |||||
Braskem Netherlands Finance BV (A) | 4.500 | 01-31-30 | 3,409,000 | 2,846,487 | |
Braskem Netherlands Finance BV (A) | 5.875 | 01-31-50 | 6,055,000 | 4,657,290 | |
Ecolab, Inc. | 1.000 | 01-15-24 | EUR | 4,270,000 | 4,572,883 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 21 |
Rate (%) | Maturity date | Par value^ | Value | ||
Materials (continued) | |||||
Chemicals (continued) | |||||
FS Luxembourg Sarl (A) | 10.000 | 12-15-25 | 3,410,000 | $3,503,559 | |
Construction materials 0.3% | |||||
Cemex SAB de CV (A) | 3.875 | 07-11-31 | 12,495,000 | 10,691,619 | |
Containers and packaging 1.3% | |||||
Ardagh Metal Packaging Finance USA LLC (A) | 3.250 | 09-01-28 | 8,925,000 | 7,589,960 | |
Ball Corp. | 2.875 | 08-15-30 | 19,830,000 | 16,221,188 | |
Ball Corp. | 6.875 | 03-15-28 | 11,095,000 | 11,261,307 | |
Berry Global, Inc. (A) | 5.625 | 07-15-27 | 5,135,000 | 5,033,577 | |
Sealed Air Corp. (A) | 5.000 | 04-15-29 | 4,410,000 | 4,092,039 | |
Metals and mining 1.9% | |||||
Cleveland-Cliffs, Inc. (A) | 4.625 | 03-01-29 | 14,925,000 | 13,232,702 | |
Cleveland-Cliffs, Inc. (A)(C) | 4.875 | 03-01-31 | 8,180,000 | 7,137,118 | |
CSN Islands XI Corp. (A) | 6.750 | 01-28-28 | 8,315,000 | 7,829,718 | |
Freeport-McMoRan, Inc. | 4.125 | 03-01-28 | 1,430,000 | 1,326,385 | |
Freeport-McMoRan, Inc. | 4.625 | 08-01-30 | 4,485,000 | 4,147,917 | |
Freeport-McMoRan, Inc. | 5.400 | 11-14-34 | 4,545,000 | 4,307,003 | |
Freeport-McMoRan, Inc. | 5.450 | 03-15-43 | 17,505,000 | 15,711,509 | |
Indonesia Asahan Aluminium Persero PT (A) | 4.750 | 05-15-25 | 11,455,000 | 11,226,379 | |
Real estate 2.4% | 81,218,764 | ||||
Hotel and resort REITs 0.2% | |||||
Host Hotels & Resorts LP | 3.375 | 12-15-29 | 7,065,000 | 6,008,996 | |
Host Hotels & Resorts LP | 3.500 | 09-15-30 | 2,575,000 | 2,196,748 | |
Office REITs 0.0% | |||||
Boston Properties LP | 2.750 | 10-01-26 | 1,266,000 | 1,141,561 | |
Specialized REITs 2.2% | |||||
American Tower Corp. | 0.500 | 01-15-28 | EUR | 2,845,000 | 2,623,489 |
American Tower Corp. | 1.950 | 05-22-26 | EUR | 3,650,000 | 3,724,398 |
American Tower Trust I (A) | 5.490 | 03-15-28 | 7,025,000 | 7,002,301 | |
Crown Castle, Inc. | 2.250 | 01-15-31 | 2,550,000 | 2,047,330 | |
SBA Communications Corp. | 3.125 | 02-01-29 | 9,770,000 | 8,364,969 | |
SBA Communications Corp. | 3.875 | 02-15-27 | 20,055,000 | 18,542,263 | |
SBA Tower Trust (A) | 6.599 | 01-15-28 | 9,420,000 | 9,565,741 | |
VICI Properties LP (A) | 4.125 | 08-15-30 | 9,945,000 | 8,707,699 | |
VICI Properties LP (A) | 4.625 | 12-01-29 | 4,345,000 | 3,925,056 | |
VICI Properties LP | 5.125 | 05-15-32 | 7,950,000 | 7,368,213 | |
Utilities 3.1% | 103,390,809 | ||||
Electric utilities 2.0% | |||||
Brazos Securitization LLC (A) | 5.014 | 09-01-31 | 7,140,000 | 6,962,440 | |
Brazos Securitization LLC (A) | 5.413 | 09-01-52 | 7,835,000 | 7,755,997 |
22 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities (continued) | |||||
Electric utilities (continued) | |||||
EDP Finance BV | 0.375 | 09-16-26 | EUR | 1,315,000 | $1,290,652 |
Emera, Inc. (6.750% to 6-15-26, then 3 month LIBOR + 5.440%) | 6.750 | 06-15-76 | 11,555,000 | 11,092,800 | |
FirstEnergy Corp. | 4.150 | 07-15-27 | 9,045,000 | 8,531,760 | |
FirstEnergy Corp. | 7.375 | 11-15-31 | 13,018,000 | 14,481,887 | |
Israel Electric Corp., Ltd. (A) | 3.750 | 02-22-32 | 5,380,000 | 4,552,556 | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara (A) | 4.125 | 05-15-27 | 11,660,000 | 11,052,290 | |
United Electric Securitization LLC (A) | 5.109 | 06-01-31 | 1,655,000 | 1,627,554 | |
Independent power and renewable electricity producers 0.9% | |||||
DPL, Inc. | 4.125 | 07-01-25 | 11,025,000 | 10,488,027 | |
Greenko Dutch BV (A)(C) | 3.850 | 03-29-26 | 5,710,500 | 5,147,787 | |
Greenko Solar Mauritius, Ltd. (A) | 5.550 | 01-29-25 | 5,260,000 | 5,062,750 | |
Greenko Wind Projects Mauritius, Ltd. (A) | 5.500 | 04-06-25 | 7,965,000 | 7,644,679 | |
The AES Corp. (A) | 3.950 | 07-15-30 | 1,650,000 | 1,466,606 | |
Multi-utilities 0.2% | |||||
E.ON SE | 0.375 | 09-29-27 | EUR | 3,200,000 | 3,067,090 |
Engie SA | 0.375 | 06-21-27 | EUR | 3,300,000 | 3,165,934 |
Convertible bonds 3.1% | $104,833,093 | ||||
(Cost $109,375,402) | |||||
Communication services 0.7% | 23,473,426 | ||||
Media 0.7% | |||||
Liberty Broadband Corp. (A) | 3.125 | 03-31-53 | 17,840,000 | 18,687,400 | |
Liberty Media Corp. (A) | 0.500 | 12-01-50 | 4,460,000 | 4,786,026 | |
Consumer discretionary 0.7% | 24,968,343 | ||||
Hotels, restaurants and leisure 0.5% | |||||
Carnival Corp. (A) | 5.750 | 12-01-27 | 7,920,000 | 11,653,641 | |
Marriott Vacations Worldwide Corp. (A) | 3.250 | 12-15-27 | 7,460,000 | 6,699,080 | |
Specialty retail 0.2% | |||||
Burlington Stores, Inc. (C) | 2.250 | 04-15-25 | 6,365,000 | 6,615,622 | |
Industrials 1.1% | 37,247,948 | ||||
Ground transportation 0.2% | |||||
Uber Technologies, Inc. (E) | 2.883 | 12-15-25 | 8,320,000 | 7,787,891 | |
Passenger airlines 0.9% | |||||
Air Canada | 4.000 | 07-01-25 | 5,160,000 | 6,522,507 | |
American Airlines Group, Inc. | 6.500 | 07-01-25 | 11,425,000 | 13,024,500 | |
Southwest Airlines Company | 1.250 | 05-01-25 | 9,450,000 | 9,913,050 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 23 |
Rate (%) | Maturity date | Par value^ | Value | ||
Utilities 0.6% | $19,143,376 | ||||
Multi-utilities 0.3% | |||||
CenterPoint Energy, Inc. (A) | 4.250 | 08-15-26 | 10,110,000 | 9,998,790 | |
Water utilities 0.3% | |||||
American Water Capital Corp. (A) | 3.625 | 06-15-26 | 9,185,000 | 9,144,586 | |
Municipal bonds 2.2% | $74,658,474 | ||||
(Cost $76,645,141) | |||||
Board of Regents of the University of Texas System | 2.439 | 08-15-49 | 11,605,000 | 7,479,076 | |
City of Norfolk (Virginia) | 1.804 | 10-01-31 | 4,035,000 | 3,256,827 | |
City of San Antonio (Texas) | 5.718 | 02-01-41 | 2,360,000 | 2,462,898 | |
Commonwealth of Massachusetts | 2.900 | 09-01-49 | 5,840,000 | 4,029,908 | |
Louisiana Local Government Environmental Facilities & Community Development Authority | 5.198 | 12-01-39 | 6,875,000 | 6,863,686 | |
Massachusetts Educational Financing Authority | 5.950 | 07-01-44 | 8,015,000 | 7,676,089 | |
Massachusetts School Building Authority | 2.950 | 05-15-43 | 2,900,000 | 2,114,520 | |
Massachusetts Water Resources Authority | 3.124 | 08-01-39 | 7,145,000 | 5,670,681 | |
South Carolina Public Service Authority | 5.740 | 01-01-30 | 2,420,000 | 2,460,171 | |
State Board of Administration Finance Corp. (Florida) | 2.154 | 07-01-30 | 1,648,000 | 1,357,130 | |
State of Texas | 5.235 | 10-01-43 | 8,440,000 | 8,457,435 | |
University of Nebraska Facilities Corp. | 3.037 | 10-01-49 | 3,025,000 | 2,188,407 | |
University of Virginia | 2.256 | 09-01-50 | 17,760,000 | 10,894,108 | |
University of Washington | 2.618 | 04-01-42 | 7,375,000 | 5,112,877 | |
Utah Transit Authority | 3.443 | 12-15-42 | 6,035,000 | 4,634,661 | |
Term loans (F) 0.8% | $25,255,951 | ||||
(Cost $25,295,710) | |||||
Industrials 0.8% | 25,255,951 | ||||
Passenger airlines 0.8% | |||||
AAdvantage Loyalty IP, Ltd., 2021 Term Loan (3 month SOFR + 4.750%) | 10.338 | 04-20-28 | 6,013,500 | 6,239,968 | |
Mileage Plus Holdings LLC, 2020 Term Loan B (3 month LIBOR + 5.250%) | 10.764 | 06-21-27 | 7,068,000 | 7,362,736 | |
United Airlines, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) | 9.292 | 04-21-28 | 11,638,699 | 11,653,247 |
24 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
Collateralized mortgage obligations 6.1% | $204,296,414 | ||||
(Cost $205,226,342) | |||||
Commercial and residential 3.6% | 120,925,461 | ||||
Arroyo Mortgage Trust | |||||
Series 2019-1, Class A1 (A)(G) | 3.805 | 01-25-49 | 3,068,323 | 2,855,815 | |
BOCA Commercial Mortgage Trust | |||||
Series 2022-BOCA, Class B (1 month CME Term SOFR + 2.319%) (A)(B) | 7.630 | 05-15-39 | 3,145,000 | 3,100,643 | |
BX Commercial Mortgage Trust | |||||
Series 2019-XL, Class A (1 month CME Term SOFR + 1.034%) (A)(B) | 6.345 | 10-15-36 | 8,484,476 | 8,463,006 | |
Series 2021-CIP, Class A (1 month CME Term SOFR + 1.035%) (A)(B) | 6.345 | 12-15-38 | 4,955,000 | 4,852,425 | |
Series 2021-VOLT, Class A (1 month CME Term SOFR + 0.814%) (A)(B) | 6.125 | 09-15-36 | 5,650,000 | 5,497,543 | |
BX Trust | |||||
Series 2022-CLS, Class A (A) | 5.760 | 10-13-27 | 5,980,000 | 5,499,019 | |
Series 2022-GPA, Class A (1 month CME Term SOFR + 2.165%) (A)(B) | 7.475 | 08-15-39 | 8,080,000 | 8,079,990 | |
Series 2022-GPA, Class B (1 month CME Term SOFR + 2.664%) (A)(B) | 7.974 | 08-15-41 | 4,845,000 | 4,841,956 | |
Series 2022-GPA, Class D (1 month CME Term SOFR + 4.061%) (A)(B) | 9.371 | 08-15-43 | 3,335,000 | 3,320,362 | |
CAMB Commercial Mortgage Trust | |||||
Series 2019-LIFE, Class A (1 month CME Term SOFR + 1.184%) (A)(B) | 6.495 | 12-15-37 | 3,840,900 | 3,821,470 | |
Citigroup Commercial Mortgage Trust | |||||
Series 2023-SMRT, Class A (A)(G) | 6.015 | 06-10-28 | 4,380,000 | 4,345,861 | |
COLT Mortgage Loan Trust | |||||
Series 2022-5, Class A1 (A)(G) | 4.550 | 04-25-67 | 3,521,464 | 3,401,363 | |
Credit Suisse Mortgage Capital Certificates | |||||
Series 2019-ICE4, Class A (1 month CME Term SOFR + 1.027%) (A)(B) | 6.338 | 05-15-36 | 6,808,062 | 6,800,263 | |
Series 2019-NQM1, Class A1 (2.656% to 11-1-23, then 3.656% thereafter) (A) | 2.656 | 10-25-59 | 804,914 | 768,845 | |
GCAT Trust | |||||
Series 2022-NQM4, Class A1 (5.269% to 8-1-26, then 6.269% thereafter) (A) | 5.269 | 08-25-67 | 3,850,952 | 3,768,418 | |
HarborView Mortgage Loan Trust | |||||
Series 2007-3, Class ES IO (A) | 0.350 | 05-19-47 | 3,179,141 | 33,173 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 25 |
Rate (%) | Maturity date | Par value^ | Value | ||
Commercial and residential (continued) | |||||
Series 2007-4, Class ES IO | 0.350 | 07-19-47 | 3,283,494 | $43,078 | |
Series 2007-6, Class ES IO (A) | 0.343 | 08-19-37 | 3,374,880 | 41,894 | |
InTown Mortgage Trust | |||||
Series 2022-STAY, Class B (1 month CME Term SOFR + 3.286%) (A)(B) | 8.596 | 08-15-39 | 6,535,000 | 6,530,893 | |
Life Mortgage Trust | |||||
Series 2022-BMR2, Class A1 (1 month CME Term SOFR + 1.295%) (A)(B) | 6.606 | 05-15-39 | 10,024,000 | 9,848,455 | |
Series 2022-BMR2, Class B (1 month CME Term SOFR + 1.794%) (A)(B) | 7.104 | 05-15-39 | 11,605,000 | 11,354,030 | |
Series 2022-BMR2, Class D (1 month CME Term SOFR + 2.542%) (A)(B) | 7.852 | 05-15-39 | 8,305,000 | 7,922,315 | |
Morgan Stanley Mortgage Loan Trust | |||||
Series 2004-9, Class 1A (G) | 5.311 | 11-25-34 | 759,460 | 753,763 | |
SCOTT Trust | |||||
Series 2023-SFS, Class AS (A) | 6.204 | 03-15-40 | 2,925,000 | 2,840,110 | |
Verus Securitization Trust | |||||
Series 2022-4, Class A2 (A)(G) | 4.740 | 04-25-67 | 4,760,559 | 4,454,112 | |
Series 2022-8, Class A3 (6.127% to 10-1-26, then 7.127% thereafter) (A) | 6.127 | 09-25-67 | 2,848,071 | 2,803,743 | |
Series 2022-INV1, Class A1 (5.041% to 8-1-26, then 6.041% thereafter) (A) | 5.041 | 08-25-67 | 5,001,182 | 4,882,916 | |
U.S. Government Agency 2.5% | 83,370,953 | ||||
Federal Home Loan Mortgage Corp. | |||||
Series 2022-DNA3, Class M1A (1 month SOFR + 2.000%) (A)(B) | 7.288 | 04-25-42 | 5,014,687 | 5,050,668 | |
Series 2022-DNA4, Class M1A (1 month SOFR + 2.200%) (A)(B) | 7.488 | 05-25-42 | 6,453,953 | 6,526,560 | |
Series 2022-DNA4, Class M1B (1 month SOFR + 3.350%) (A)(B) | 8.638 | 05-25-42 | 7,760,000 | 7,992,800 | |
Series 2022-DNA6, Class M1A (1 month SOFR + 2.150%) (A)(B) | 7.438 | 09-25-42 | 6,860,188 | 6,920,656 | |
Series 2022-DNA7, Class M1A (1 month SOFR + 2.500%) (A)(B) | 7.788 | 03-25-52 | 5,264,772 | 5,330,582 | |
Series 2022-HQA1, Class M1B (1 month SOFR + 3.500%) (A)(B) | 8.788 | 03-25-42 | 3,825,000 | 3,939,750 | |
Series 2022-HQA3, Class M1B (1 month SOFR + 3.550%) (A)(B) | 8.838 | 08-25-42 | 5,665,000 | 5,792,146 |
26 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Rate (%) | Maturity date | Par value^ | Value | ||
U.S. Government Agency (continued) | |||||
Federal National Mortgage Association | |||||
Series 2020-SBT1, Class 1B1 (1 month SOFR + 6.864%) (A)(B) | 12.152 | 02-25-40 | 3,381,000 | $3,416,446 | |
Series 2021-R02, Class 2B2 (1 month SOFR + 6.200%) (A)(B) | 11.488 | 11-25-41 | 2,610,000 | 2,617,080 | |
Series 2022-R01, Class 1M1 (1 month SOFR + 1.000%) (A)(B) | 6.288 | 12-25-41 | 1,637,776 | 1,627,032 | |
Series 2022-R03, Class 1M1 (1 month SOFR + 2.100%) (A)(B) | 7.388 | 03-25-42 | 902,651 | 911,547 | |
Series 2022-R04, Class 1M1 (1 month SOFR + 2.000%) (A)(B) | 7.288 | 03-25-42 | 1,849,501 | 1,863,063 | |
Series 2022-R05, Class 2M2 (1 month SOFR + 3.000%) (A)(B) | 8.288 | 04-25-42 | 11,386,000 | 11,457,163 | |
Series 2022-R06, Class 1M1 (1 month SOFR + 2.750%) (A)(B) | 8.038 | 05-25-42 | 3,453,323 | 3,532,166 | |
Series 2022-R09, Class 2M1 (1 month SOFR + 2.500%) (A)(B) | 7.796 | 09-25-42 | 5,836,581 | 5,924,726 | |
Series 2023-R01, Class 1M1 (1 month SOFR + 2.400%) (A)(B) | 7.696 | 12-25-42 | 3,270,752 | 3,319,738 | |
Series 2023-R03, Class 2M2 (1 month SOFR + 3.900%) (A)(B) | 9.188 | 04-25-43 | 2,960,000 | 3,071,000 | |
Series 2023-R06, Class 1M2 (1 month SOFR + 2.700%) (A)(B) | 7.988 | 07-25-43 | 4,055,000 | 4,077,830 | |
Asset backed securities 1.7% | $55,981,104 | ||||
(Cost $57,960,096) | |||||
Asset backed securities 1.7% | 55,981,104 | ||||
DataBank Issuer | |||||
Series 2023-1A, Class A2 (A) | 5.116 | 02-25-53 | 5,065,000 | 4,650,685 | |
DB Master Finance LLC | |||||
Series 2019-1A, Class A2II (A) | 4.021 | 05-20-49 | 4,564,800 | 4,284,941 | |
Domino’s Pizza Master Issuer LLC | |||||
Series 2015-1A, Class A2II (A) | 4.474 | 10-25-45 | 5,660,275 | 5,421,994 | |
FirstKey Homes Trust | |||||
Series 2020-SFR2, Class A (A) | 1.266 | 10-19-37 | 3,626,496 | 3,295,141 | |
Home Partners of America Trust | |||||
Series 2019-1, Class B (A) | 3.157 | 09-17-39 | 3,973,126 | 3,572,874 | |
MVW Owner Trust | |||||
Series 2018-1A, Class A (A) | 3.450 | 01-21-36 | 1,353,979 | 1,321,342 | |
OCCU Auto Receivables Trust |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 27 |
Rate (%) | Maturity date | Par value^ | Value | ||
Asset backed securities (continued) | |||||
Series 2022-1A, Class A3 (A) | 5.500 | 10-15-27 | 6,050,000 | $6,009,284 | |
Taco Bell Funding LLC | |||||
Series 2016-1A, Class A23 (A) | 4.970 | 05-25-46 | 12,023,438 | 11,592,540 | |
Texas Natural Gas Securitization Finance Corp. | |||||
Series 2023-1, Class A2 | 5.169 | 04-01-41 | 8,745,000 | 8,713,787 | |
T-Mobile US Trust | |||||
Series 2022-1A, Class A (A) | 4.910 | 05-22-28 | 7,190,000 | 7,118,516 | |
Shares | Value | ||||
Preferred securities 1.0% | $34,524,065 | ||||
(Cost $41,070,721) | |||||
Financials 0.2% | 5,692,430 | ||||
Banks 0.2% | |||||
Wells Fargo & Company, 5.850% (5.850% to 9-15-23, then 3 month LIBOR + 3.090%) | 228,245 | 5,692,430 | |||
Utilities 0.8% | 28,831,635 | ||||
Electric utilities 0.5% | |||||
NextEra Energy, Inc., 6.926% (C) | 448,850 | 18,986,355 | |||
Independent power and renewable electricityproducers 0.3% | |||||
The AES Corp., 6.875% | 137,600 | 9,845,280 | |||
Yield (%) | Shares | Value | |||
Short-term investments 1.5% | $51,027,776 | ||||
(Cost $51,031,927) | |||||
Short-term funds 1.5% | 51,027,776 | ||||
John Hancock Collateral Trust (H) | 5.4789(I) | 5,104,513 | 51,027,776 |
Total investments (Cost $3,648,527,541) 99.8% | $3,337,401,623 | ||||
Other assets and liabilities, net 0.2% | 5,306,509 | ||||
Total net assets 100.0% | $3,342,708,132 |
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 |
EUR | Euro |
GBP | Pound Sterling |
IDR | Indonesian Rupiah |
28 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
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 | |
CME | Chicago Mercantile Exchange |
CMT | Constant Maturity Treasury |
IO | Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period. |
LIBOR | London Interbank Offered Rate |
NIBOR | Norwegian 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 $1,029,320,378 or 30.8% of the fund’s net assets as of 8-31-23. |
(B) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(C) | All or a portion of this security is on loan as of 8-31-23. |
(D) | Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date. |
(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 rate shown represents the rate at period end. |
(G) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $34,620,092. |
(I) | The rate shown is the annualized seven-day yield as of 8-31-23. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 29 |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
10-Year U.S. Treasury Note Futures | 912 | Short | Dec 2023 | $(100,254,444) | $(101,260,329) | $(1,005,885) |
U.S. Treasury Long Bond Futures | 189 | Short | Dec 2023 | (22,670,869) | (22,998,938) | (328,069) |
$(1,333,954) |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
AUD | 5,670,000 | NZD | 6,238,531 | ANZ | 9/20/2023 | — | $(44,251) |
AUD | 52,536,291 | USD | 34,955,613 | ANZ | 9/20/2023 | — | (895,938) |
AUD | 1,090,820 | USD | 727,971 | BMO | 9/20/2023 | — | (20,784) |
AUD | 17,677,349 | USD | 11,435,675 | CITI | 9/20/2023 | $24,684 | — |
AUD | 17,569,264 | USD | 11,952,107 | GSI | 9/20/2023 | — | (561,820) |
AUD | 52,560,933 | USD | 34,628,331 | JPM | 9/20/2023 | — | (552,680) |
AUD | 115,513,007 | USD | 77,326,790 | MSCS | 9/20/2023 | — | (2,438,834) |
AUD | 2,815,000 | USD | 1,815,617 | SCB | 9/20/2023 | 9,369 | — |
AUD | 17,503,083 | USD | 11,679,877 | UBS | 9/20/2023 | — | (332,496) |
BRL | 4,995,362 | USD | 1,030,992 | CITI | 9/20/2023 | — | (24,496) |
BRL | 38,098,149 | USD | 7,768,793 | GSI | 9/20/2023 | — | (92,549) |
CAD | 4,140,772 | EUR | 2,825,000 | SSB | 9/20/2023 | — | (124) |
CAD | 4,806,432 | GBP | 2,815,000 | CITI | 9/20/2023 | — | (8,170) |
CAD | 2,418,532 | GBP | 1,407,500 | HUS | 9/20/2023 | 7,254 | — |
CAD | 23,214,380 | USD | 17,467,802 | BARC | 9/20/2023 | — | (282,553) |
CAD | 35,572,042 | USD | 26,284,714 | CIBC | 9/20/2023 | 48,723 | — |
CAD | 5,729,838 | USD | 4,334,383 | CITI | 9/20/2023 | — | (92,672) |
CAD | 11,955,334 | USD | 8,777,244 | GSI | 9/20/2023 | 73,107 | — |
CAD | 20,807,091 | USD | 15,674,326 | HUS | 9/20/2023 | — | (271,157) |
CAD | 16,821,561 | USD | 12,631,171 | JPM | 9/20/2023 | — | (178,428) |
CAD | 26,278,296 | USD | 19,826,757 | MSCS | 9/20/2023 | — | (373,340) |
CAD | 60,854,174 | USD | 45,758,602 | RBC | 9/20/2023 | — | (709,192) |
CAD | 11,933,734 | USD | 8,777,244 | SSB | 9/20/2023 | 57,116 | — |
CAD | 11,939,158 | USD | 8,777,244 | UBS | 9/20/2023 | 61,132 | — |
EUR | 2,835,000 | CAD | 4,123,371 | HUS | 9/20/2023 | 23,857 | — |
EUR | 28,145,000 | GBP | 24,104,462 | SCB | 9/20/2023 | 3,086 | — |
EUR | 14,075,625 | JPY | 2,135,751,306 | BARC | 9/20/2023 | 559,577 | — |
EUR | 70,371,875 | JPY | 10,858,187,458 | CITI | 9/20/2023 | 1,554,918 | — |
EUR | 53,520,669 | NOK | 613,090,975 | BARC | 9/20/2023 | 381,233 | — |
EUR | 17,112,161 | NOK | 191,474,129 | CIBC | 9/20/2023 | 550,017 | — |
EUR | 9,603,767 | NOK | 110,868,453 | CITI | 9/20/2023 | — | (12,071) |
EUR | 67,414,041 | NOK | 778,132,154 | GSI | 9/20/2023 | — | (74,046) |
30 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
EUR | 8,545,293 | NOK | 95,352,609 | HUS | 9/20/2023 | $299,482 | — |
EUR | 76,283,057 | NOK | 875,642,135 | JPM | 9/20/2023 | 373,696 | — |
EUR | 22,684,127 | NOK | 260,937,423 | MSCS | 9/20/2023 | 59,403 | — |
EUR | 28,083,743 | NOK | 314,704,332 | UBS | 9/20/2023 | 858,885 | — |
EUR | 20,237,029 | USD | 22,379,179 | BARC | 9/20/2023 | — | $(419,503) |
EUR | 90,686,018 | USD | 99,222,814 | CITI | 9/20/2023 | — | (817,281) |
EUR | 19,966,514 | USD | 21,667,210 | JPM | 9/20/2023 | — | (1,075) |
EUR | 100,764,948 | USD | 110,492,765 | MSCS | 9/20/2023 | — | (1,150,348) |
EUR | 56,735,000 | USD | 62,529,488 | SCB | 9/20/2023 | — | (965,004) |
EUR | 5,936,057 | USD | 6,531,930 | SSB | 9/20/2023 | — | (90,574) |
EUR | 1,850,231 | USD | 2,012,301 | TD | 9/20/2023 | — | (4,572) |
EUR | 2,786,268 | USD | 3,055,570 | UBS | 9/20/2023 | — | (32,124) |
GBP | 4,222,500 | CAD | 7,282,038 | SSB | 9/20/2023 | — | (41,336) |
GBP | 24,230,450 | EUR | 28,145,000 | CITI | 9/20/2023 | 156,528 | — |
GBP | 5,670,000 | JPY | 991,930,779 | MSCS | 9/20/2023 | 349,383 | — |
GBP | 794,017 | USD | 1,002,885 | HUS | 9/20/2023 | 3,048 | — |
GBP | 792,059 | USD | 1,006,069 | SSB | 9/20/2023 | — | (2,617) |
JPY | 2,166,759,712 | EUR | 14,072,500 | ANZ | 9/20/2023 | — | (342,555) |
JPY | 4,329,094,321 | EUR | 28,143,750 | JPM | 9/20/2023 | — | (714,239) |
JPY | 4,370,456,922 | EUR | 28,145,000 | MSCS | 9/20/2023 | — | (430,629) |
JPY | 4,283,899,789 | EUR | 28,145,000 | SCB | 9/20/2023 | — | (1,026,963) |
JPY | 4,303,201,630 | EUR | 28,145,000 | SSB | 9/20/2023 | — | (893,983) |
JPY | 986,576,995 | GBP | 5,670,000 | MSCS | 9/20/2023 | — | (386,267) |
JPY | 3,938,256,485 | USD | 28,353,750 | BARC | 9/20/2023 | — | (1,221,213) |
JPY | 7,845,044,559 | USD | 56,707,500 | CITI | 9/20/2023 | — | (2,659,225) |
JPY | 7,890,056,748 | USD | 56,700,000 | HUS | 9/20/2023 | — | (2,341,616) |
JPY | 6,410,295,993 | USD | 45,975,862 | JPM | 9/20/2023 | — | (1,812,259) |
MXN | 156,691,455 | USD | 8,994,514 | BARC | 9/20/2023 | 171,398 | — |
MXN | 8,708,216 | USD | 517,579 | JPM | 9/20/2023 | — | (8,178) |
MXN | 97,477,587 | USD | 5,650,000 | SSB | 9/20/2023 | 52,103 | — |
MXN | 5,800,000 | USD | 337,608 | TD | 9/20/2023 | 1,672 | — |
NOK | 165,764,032 | EUR | 14,190,000 | BARC | 9/20/2023 | 201,425 | — |
NOK | 96,423,657 | EUR | 8,566,868 | CIBC | 9/20/2023 | — | (222,102) |
NOK | 99,279,709 | EUR | 8,543,806 | CITI | 9/20/2023 | 71,694 | — |
NOK | 795,466,513 | EUR | 68,655,767 | GSI | 9/20/2023 | 357,880 | — |
NOK | 165,886,470 | EUR | 14,135,625 | HUS | 9/20/2023 | 271,950 | — |
NOK | 1,327,540,084 | EUR | 115,112,165 | JPM | 9/20/2023 | 18,061 | — |
NOK | 331,739,286 | EUR | 29,130,238 | MSCS | 9/20/2023 | — | (391,376) |
NOK | 100,096,656 | EUR | 8,591,331 | RBC | 9/20/2023 | 97,002 | — |
NOK | 96,683,961 | EUR | 8,566,868 | SSB | 9/20/2023 | — | (197,606) |
NOK | 369,259,137 | EUR | 32,138,586 | UBS | 9/20/2023 | — | (124,976) |
NOK | 29,588,943 | USD | 2,810,000 | JPM | 9/20/2023 | — | (25,514) |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 31 |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
NOK | 28,338,149 | USD | 2,815,000 | SSB | 9/20/2023 | — | $(148,221) |
NZD | 6,136,160 | AUD | 5,670,000 | ANZ | 9/20/2023 | — | (16,794) |
NZD | 17,494,170 | USD | 10,830,884 | BARC | 9/20/2023 | — | (398,773) |
NZD | 17,634,849 | USD | 10,970,375 | CIBC | 9/20/2023 | — | (454,375) |
NZD | 104,184,925 | USD | 64,286,135 | CITI | 9/20/2023 | — | (2,158,657) |
NZD | 70,597,171 | USD | 43,225,496 | MSCS | 9/20/2023 | — | (1,127,042) |
NZD | 35,266,715 | USD | 21,292,081 | SSB | 9/20/2023 | — | (261,859) |
NZD | 1,144,823 | USD | 707,592 | TD | 9/20/2023 | — | (24,912) |
SGD | 24,812,793 | USD | 18,432,139 | ANZ | 9/20/2023 | — | (60,585) |
SGD | 50,408,314 | USD | 37,440,956 | BARC | 9/20/2023 | — | (118,310) |
SGD | 219,597,419 | USD | 163,141,127 | CIBC | 9/20/2023 | — | (549,760) |
SGD | 24,669,145 | USD | 18,568,054 | CITI | 9/20/2023 | — | (302,857) |
SGD | 24,636,094 | USD | 18,568,054 | HUS | 9/20/2023 | — | (327,329) |
SGD | 25,358,913 | USD | 18,696,438 | JPM | 9/20/2023 | $79,468 | — |
SGD | 173,836,213 | USD | 130,009,396 | MSCS | 9/20/2023 | — | (1,299,929) |
SGD | 1,172,556 | USD | 867,225 | SCB | 9/20/2023 | 943 | — |
SGD | 49,943,376 | USD | 37,144,615 | SSB | 9/20/2023 | — | (166,214) |
USD | 1,794,084 | AUD | 2,815,000 | ANZ | 9/20/2023 | — | (30,902) |
USD | 12,052,018 | AUD | 17,490,318 | BARC | 9/20/2023 | 712,913 | — |
USD | 51,473,729 | AUD | 78,601,267 | CITI | 9/20/2023 | 515,931 | — |
USD | 11,770,912 | AUD | 17,530,273 | GSI | 9/20/2023 | 405,903 | — |
USD | 3,848,442 | AUD | 5,646,575 | HUS | 9/20/2023 | 187,724 | — |
USD | 47,521,513 | AUD | 70,058,175 | JPM | 9/20/2023 | 2,102,268 | — |
USD | 28,634,576 | AUD | 41,997,410 | MSCS | 9/20/2023 | 1,407,338 | — |
USD | 72,403,805 | AUD | 107,673,694 | SSB | 9/20/2023 | 2,598,133 | — |
USD | 11,902,507 | AUD | 17,521,363 | UBS | 9/20/2023 | 543,275 | — |
USD | 16,153,280 | BRL | 79,856,968 | CITI | 9/20/2023 | 63,218 | — |
USD | 4,343,918 | CAD | 5,721,809 | BARC | 9/20/2023 | 108,151 | — |
USD | 81,747,802 | CAD | 108,847,541 | CITI | 9/20/2023 | 1,169,638 | — |
USD | 34,845,344 | CAD | 45,876,308 | HUS | 9/20/2023 | 883,817 | — |
USD | 7,819,053 | CAD | 10,286,463 | JPM | 9/20/2023 | 204,142 | — |
USD | 24,591,294 | CAD | 33,339,174 | MSCS | 9/20/2023 | — | (89,185) |
USD | 17,469,671 | CAD | 23,088,703 | RBC | 9/20/2023 | 377,459 | — |
USD | 3,475,135 | CAD | 4,570,017 | UBS | 9/20/2023 | 92,021 | — |
USD | 142,714,983 | EUR | 131,146,329 | BARC | 9/20/2023 | 405,015 | — |
USD | 22,285,669 | EUR | 20,155,896 | CITI | 9/20/2023 | 414,032 | — |
USD | 22,085,463 | EUR | 20,055,177 | GSI | 9/20/2023 | 323,118 | — |
USD | 18,571,822 | EUR | 17,035,151 | JPM | 9/20/2023 | 86,579 | — |
USD | 53,181,717 | EUR | 48,396,373 | MSCS | 9/20/2023 | 665,674 | — |
USD | 61,601,720 | EUR | 56,720,000 | RBC | 9/20/2023 | 53,513 | — |
USD | 20,627,808 | EUR | 18,927,946 | SSB | 9/20/2023 | 88,648 | — |
USD | 120,456,767 | EUR | 110,969,436 | UBS | 9/20/2023 | 41,221 | — |
32 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Contract to buy | Contract to sell | Counterparty (OTC) | Contractual settlement date | Unrealized appreciation | Unrealized depreciation | ||
USD | 37,020,302 | GBP | 29,288,461 | JPM | 9/20/2023 | — | $(84,975) |
USD | 84,494,648 | JPY | 11,773,700,594 | CITI | 9/20/2023 | $3,379,979 | — |
USD | 28,350,000 | JPY | 4,044,376,980 | GSI | 9/20/2023 | 486,348 | — |
USD | 28,353,750 | JPY | 3,893,344,428 | HUS | 9/20/2023 | 1,530,633 | — |
USD | 39,667,346 | JPY | 5,603,427,088 | JPM | 9/20/2023 | 1,062,649 | — |
USD | 28,350,000 | JPY | 4,052,504,925 | SSB | 9/20/2023 | 430,350 | — |
USD | 23,637,220 | JPY | 3,374,279,310 | UBS | 9/20/2023 | 390,192 | — |
USD | 47,505,083 | MXN | 828,603,215 | GSI | 9/20/2023 | — | (965,357) |
USD | 29,308,754 | NOK | 310,586,092 | CITI | 9/20/2023 | 80,857 | — |
USD | 2,815,000 | NOK | 28,089,184 | JPM | 9/20/2023 | 171,650 | — |
USD | 30,039,600 | NZD | 49,130,671 | ANZ | 9/20/2023 | 742,035 | — |
USD | 21,635,940 | NZD | 35,315,835 | BARC | 9/20/2023 | 576,428 | — |
USD | 23,566,406 | NZD | 38,617,878 | CITI | 9/20/2023 | 537,822 | — |
USD | 10,883,411 | NZD | 17,649,251 | HUS | 9/20/2023 | 358,822 | — |
USD | 30,249,603 | NZD | 49,166,664 | JPM | 9/20/2023 | 930,575 | — |
USD | 69,202,474 | NZD | 110,933,826 | MSCS | 9/20/2023 | 3,050,497 | — |
USD | 19,065,538 | NZD | 31,501,663 | SSB | 9/20/2023 | 280,490 | — |
USD | 55,729,322 | SGD | 73,705,816 | BARC | 9/20/2023 | 1,157,054 | — |
USD | 129,985,363 | SGD | 173,931,812 | CIBC | 9/20/2023 | 1,205,112 | — |
USD | 55,211,775 | SGD | 73,886,956 | CITI | 9/20/2023 | 505,390 | — |
USD | 74,174,976 | SGD | 99,816,252 | GSI | 9/20/2023 | 270,370 | — |
USD | 55,859,097 | SGD | 74,622,016 | HUS | 9/20/2023 | 608,468 | — |
USD | 70,066,846 | SGD | 93,400,570 | JPM | 9/20/2023 | 912,453 | — |
USD | 85,308,264 | SGD | 114,407,227 | MSCS | 9/20/2023 | 600,404 | — |
USD | 18,528,173 | SGD | 24,721,215 | UBS | 9/20/2023 | 224,424 | — |
$39,720,827 | $(31,874,772) |
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 |
SGD | Singapore Dollar |
USD | U.S. Dollar |
Derivatives Abbreviations | |
ANZ | Australia and New Zealand Banking Group Limited |
BARC | Barclays Bank PLC |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 33 |
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 |
TD | The Toronto-Dominion Bank |
UBS | UBS AG |
34 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Assets | |
Unaffiliated investments, at value (Cost $3,597,495,614) including $33,931,499 of securities loaned | $3,286,373,847 |
Affiliated investments, at value (Cost $51,031,927) | 51,027,776 |
Total investments, at value (Cost $3,648,527,541) | 3,337,401,623 |
Unrealized appreciation on forward foreign currency contracts | 39,720,827 |
Cash | 392,871 |
Foreign currency, at value (Cost $166,657) | 172,998 |
Collateral held at broker for futures contracts | 2,713,000 |
Collateral segregated at custodian for OTC derivative contracts | 6,080,000 |
Dividends and interest receivable | 30,960,087 |
Receivable for fund shares sold | 3,041,035 |
Receivable for investments sold | 7,397,433 |
Receivable for securities lending income | 6,048 |
Other assets | 169,196 |
Total assets | 3,428,055,118 |
Liabilities | |
Unrealized depreciation on forward foreign currency contracts | 31,874,772 |
Payable for futures variation margin | 253,252 |
Distributions payable | 134,306 |
Payable for investments purchased | 4,162,038 |
Payable for delayed delivery securities purchased | 7,353,801 |
Payable for fund shares repurchased | 6,208,864 |
Payable upon return of securities loaned | 34,697,940 |
Payable to affiliates | |
Accounting and legal services fees | 172,904 |
Transfer agent fees | 175,344 |
Distribution and service fees | 714 |
Trustees’ fees | 232 |
Other liabilities and accrued expenses | 312,819 |
Total liabilities | 85,346,986 |
Net assets | $3,342,708,132 |
Net assets consist of | |
Paid-in capital | $3,977,951,504 |
Total distributable earnings (loss) | (635,243,372) |
Net assets | $3,342,708,132 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 35 |
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 ($297,920,781 ÷ 30,665,903 shares)1 | $9.72 |
Class C ($27,886,382 ÷ 2,870,029 shares)1 | $9.72 |
Class I ($1,409,849,945 ÷ 145,112,452 shares) | $9.72 |
Class R2 ($3,408,466 ÷ 350,542 shares) | $9.72 |
Class R6 ($159,230,684 ÷ 16,376,965 shares) | $9.72 |
Class NAV ($1,444,411,874 ÷ 148,732,560 shares) | $9.71 |
Maximum offering price per share | |
Class A (net asset value per share ÷ 96%)2 | $10.13 |
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. |
36 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Investment income | |
Interest | $146,792,279 |
Dividends | 5,581,008 |
Dividends from affiliated investments | 1,657,763 |
Securities lending | 746,288 |
Less foreign taxes withheld | (1,038,182) |
Total investment income | 153,739,156 |
Expenses | |
Investment management fees | 23,268,484 |
Distribution and service fees | 1,284,930 |
Accounting and legal services fees | 740,569 |
Transfer agent fees | 2,177,155 |
Trustees’ fees | 91,059 |
Custodian fees | 671,526 |
State registration fees | 110,571 |
Printing and postage | 139,999 |
Professional fees | 268,801 |
Other | 166,058 |
Total expenses | 28,919,152 |
Less expense reductions | (1,703,895) |
Net expenses | 27,215,257 |
Net investment income | 126,523,899 |
Realized and unrealized gain (loss) | |
Net realized gain (loss) on | |
Unaffiliated investments and foreign currency transactions | (234,051,833) |
Affiliated investments | (69,644) |
Futures contracts | 21,353,925 |
Forward foreign currency contracts | 11,221,177 |
Written options | 564,234 |
(200,982,141) | |
Change in net unrealized appreciation (depreciation) of | |
Unaffiliated investments and translation of assets and liabilities in foreign currencies | 199,314,288 |
Affiliated investments | 91,779 |
Futures contracts | (2,434,814) |
Forward foreign currency contracts | (37,095,713) |
Written options | 895,090 |
160,770,630 | |
Net realized and unrealized loss | (40,211,511) |
Increase in net assets from operations | $86,312,388 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 37 |
Year ended 8-31-23 | Year ended 8-31-22 | |
Increase (decrease) in net assets | ||
From operations | ||
Net investment income | $126,523,899 | $121,302,916 |
Net realized gain (loss) | (200,982,141) | 8,620,931 |
Change in net unrealized appreciation (depreciation) | 160,770,630 | (617,482,465) |
Increase (decrease) in net assets resulting from operations | 86,312,388 | (487,558,618) |
Distributions to shareholders | ||
From earnings | ||
Class A | (10,855,752) | (11,520,057) |
Class C | (982,805) | (1,448,519) |
Class I | (59,391,886) | (64,579,947) |
Class R2 | (152,434) | (166,849) |
Class R6 | (6,382,436) | (7,091,941) |
Class NAV | (60,636,027) | (69,165,745) |
Total distributions | (138,401,340) | (153,973,058) |
From fund share transactions | (535,470,429) | (301,851,930) |
Total decrease | (587,559,381) | (943,383,606) |
Net assets | ||
Beginning of year | 3,930,267,513 | 4,873,651,119 |
End of year | $3,342,708,132 | $3,930,267,513 |
38 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS A SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.84 | $11.37 | $10.99 | $10.67 | $10.36 |
Net investment income1 | 0.31 | 0.26 | 0.24 | 0.25 | 0.32 |
Net realized and unrealized gain (loss) on investments | (0.09) | (1.45) | 0.40 | 0.28 | 0.30 |
Total from investment operations | 0.22 | (1.19) | 0.64 | 0.53 | 0.62 |
Less distributions | |||||
From net investment income | (0.34) | (0.34) | (0.26) | (0.21) | (0.31) |
Net asset value, end of period | $9.72 | $9.84 | $11.37 | $10.99 | $10.67 |
Total return (%)2,3 | 2.33 | (10.66) | 5.88 | 5.01 | 6.10 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $298 | $326 | $396 | $332 | $331 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.13 | 1.11 | 1.10 | 1.12 | 1.11 |
Expenses including reductions | 1.08 | 1.06 | 1.07 | 1.09 | 1.08 |
Net investment income | 3.22 | 2.43 | 2.16 | 2.40 | 3.09 |
Portfolio turnover (%) | 47 | 36 | 71 | 73 | 84 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 39 |
CLASS C SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.85 | $11.37 | $10.99 | $10.67 | $10.36 |
Net investment income1 | 0.24 | 0.18 | 0.16 | 0.18 | 0.25 |
Net realized and unrealized gain (loss) on investments | (0.09) | (1.44) | 0.40 | 0.27 | 0.29 |
Total from investment operations | 0.15 | (1.26) | 0.56 | 0.45 | 0.54 |
Less distributions | |||||
From net investment income | (0.28) | (0.26) | (0.18) | (0.13) | (0.23) |
Net asset value, end of period | $9.72 | $9.85 | $11.37 | $10.99 | $10.67 |
Total return (%)2,3 | 1.52 | (11.19) | 5.04 | 4.38 | 5.36 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $28 | $43 | $78 | $147 | $202 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.83 | 1.81 | 1.80 | 1.82 | 1.81 |
Expenses including reductions | 1.78 | 1.76 | 1.77 | 1.79 | 1.78 |
Net investment income | 2.50 | 1.69 | 1.42 | 1.71 | 2.40 |
Portfolio turnover (%) | 47 | 36 | 71 | 73 | 84 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
3 | Does not reflect the effect of sales charges, if any. |
40 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS I SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.84 | $11.37 | $10.99 | $10.67 | $10.36 |
Net investment income1 | 0.34 | 0.29 | 0.28 | 0.29 | 0.35 |
Net realized and unrealized gain (loss) on investments | (0.09) | (1.45) | 0.40 | 0.27 | 0.30 |
Total from investment operations | 0.25 | (1.16) | 0.68 | 0.56 | 0.65 |
Less distributions | |||||
From net investment income | (0.37) | (0.37) | (0.30) | (0.24) | (0.34) |
Net asset value, end of period | $9.72 | $9.84 | $11.37 | $10.99 | $10.67 |
Total return (%)2 | 2.54 | (10.30) | 6.10 | 5.42 | 6.41 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1,410 | $1,746 | $2,009 | $1,961 | $2,315 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.83 | 0.81 | 0.80 | 0.82 | 0.82 |
Expenses including reductions | 0.78 | 0.76 | 0.77 | 0.79 | 0.79 |
Net investment income | 3.51 | 2.73 | 2.45 | 2.70 | 3.38 |
Portfolio turnover (%) | 47 | 36 | 71 | 73 | 84 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 41 |
CLASS R2 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.85 | $11.38 | $11.00 | $10.68 | $10.37 |
Net investment income1 | 0.30 | 0.25 | 0.23 | 0.25 | 0.31 |
Net realized and unrealized gain (loss) on investments | (0.10) | (1.45) | 0.40 | 0.27 | 0.30 |
Total from investment operations | 0.20 | (1.20) | 0.63 | 0.52 | 0.61 |
Less distributions | |||||
From net investment income | (0.33) | (0.33) | (0.25) | (0.20) | (0.30) |
Net asset value, end of period | $9.72 | $9.85 | $11.38 | $11.00 | $10.68 |
Total return (%)2 | 2.14 | (10.71) | 5.79 | 4.92 | 6.01 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $3 | $5 | $6 | $6 | $12 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 1.22 | 1.18 | 1.19 | 1.19 | 1.19 |
Expenses including reductions | 1.17 | 1.13 | 1.16 | 1.17 | 1.17 |
Net investment income | 3.12 | 2.36 | 2.07 | 2.34 | 3.01 |
Portfolio turnover (%) | 47 | 36 | 71 | 73 | 84 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
42 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
CLASS R6 SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.85 | $11.38 | $11.00 | $10.67 | $10.37 |
Net investment income1 | 0.35 | 0.30 | 0.29 | 0.30 | 0.37 |
Net realized and unrealized gain (loss) on investments | (0.10) | (1.45) | 0.40 | 0.28 | 0.28 |
Total from investment operations | 0.25 | (1.15) | 0.69 | 0.58 | 0.65 |
Less distributions | |||||
From net investment income | (0.38) | (0.38) | (0.31) | (0.25) | (0.35) |
Net asset value, end of period | $9.72 | $9.85 | $11.38 | $11.00 | $10.67 |
Total return (%)2 | 2.65 | (10.28) | 6.30 | 5.54 | 6.42 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $159 | $173 | $226 | $232 | $543 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.72 | 0.70 | 0.70 | 0.70 | 0.70 |
Expenses including reductions | 0.67 | 0.65 | 0.67 | 0.68 | 0.68 |
Net investment income | 3.63 | 2.83 | 2.55 | 2.82 | 3.55 |
Portfolio turnover (%) | 47 | 36 | 71 | 73 | 84 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 43 |
CLASS NAV SHARES Period ended | 8-31-23 | 8-31-22 | 8-31-21 | 8-31-20 | 8-31-19 |
Per share operating performance | |||||
Net asset value, beginning of period | $9.84 | $11.37 | $10.99 | $10.66 | $10.36 |
Net investment income1 | 0.35 | 0.30 | 0.29 | 0.30 | 0.36 |
Net realized and unrealized gain (loss) on investments | (0.10) | (1.45) | 0.40 | 0.28 | 0.29 |
Total from investment operations | 0.25 | (1.15) | 0.69 | 0.58 | 0.65 |
Less distributions | |||||
From net investment income | (0.38) | (0.38) | (0.31) | (0.25) | (0.35) |
Net asset value, end of period | $9.71 | $9.84 | $11.37 | $10.99 | $10.66 |
Total return (%)2 | 2.65 | (10.28) | 6.31 | 5.56 | 6.54 |
Ratios and supplemental data | |||||
Net assets, end of period (in millions) | $1,444 | $1,638 | $2,159 | $1,982 | $2,067 |
Ratios (as a percentage of average net assets): | |||||
Expenses before reductions | 0.71 | 0.69 | 0.69 | 0.69 | 0.69 |
Expenses including reductions | 0.66 | 0.65 | 0.66 | 0.66 | 0.66 |
Net investment income | 3.64 | 2.84 | 2.57 | 2.83 | 3.45 |
Portfolio turnover (%) | 47 | 36 | 71 | 73 | 84 |
1 | Based on average daily shares outstanding. |
2 | Total returns would have been lower had certain expenses not been reduced during the applicable periods. |
44 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 45 |
Total value at 8-31-23 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $448,015,320 | — | $448,015,320 | — |
Foreign government obligations | 784,391,761 | — | 784,391,761 | — |
Corporate bonds | 1,554,417,665 | — | 1,554,417,665 | — |
Convertible bonds | 104,833,093 | — | 104,833,093 | — |
Municipal bonds | 74,658,474 | — | 74,658,474 | — |
Term loans | 25,255,951 | — | 25,255,951 | — |
Collateralized mortgage obligations | 204,296,414 | — | 204,296,414 | — |
Asset backed securities | 55,981,104 | — | 55,981,104 | — |
Preferred securities | 34,524,065 | $34,524,065 | — | — |
Short-term investments | 51,027,776 | 51,027,776 | — | — |
Total investments in securities | $3,337,401,623 | $85,551,841 | $3,251,849,782 | — |
Derivatives: | ||||
Assets | ||||
Forward foreign currency contracts | $39,720,827 | — | $39,720,827 | — |
Liabilities | ||||
Futures | (1,333,954) | $(1,333,954) | — | — |
Forward foreign currency contracts | (31,874,772) | — | (31,874,772) | — |
46 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 47 |
48 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT |
August 31, 2023 | August 31, 2022 | |
Ordinary income | $138,401,340 | $153,973,058 |
ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 49 |
50 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 51 |
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 | — | $(1,333,954) |
Currency | Unrealized appreciation (depreciation) on forward foreign currency contracts | Forward foreign currency contracts | $39,720,827 | (31,874,772) |
$39,720,827 | $(33,208,726) |
1 | Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of Fund’s investments. Only the year end variation margin receivable/payable is separately reported on the Statement of assets and liabilities. |
OTC Financial Instruments | Asset | Liability |
Forward foreign currency contracts | $39,720,827 | $(31,874,772) |
Totals | $39,720,827 | $(31,874,772) |
Counterparty | Assets | Liabilities | Total Market Value of OTC Derivatives | Collateral Posted by Counterparty1 | Collateral Posted by Fund1 | Net Exposure |
Australia and New Zealand Banking Group Limited | $742,035 | $(1,391,025) | $(648,990) | — | $648,990 | — |
Bank of Montreal | — | (20,784) | (20,784) | — | — | $(20,784) |
Barclays Bank PLC | 4,273,194 | (2,440,352) | 1,832,842 | $1,107,491 | — | 725,351 |
52 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT |
Counterparty | Assets | Liabilities | Total Market Value of OTC Derivatives | Collateral Posted by Counterparty1 | Collateral Posted by Fund1 | Net Exposure |
Canadian Imperial Bank of Commerce | 1,803,852 | (1,226,237) | $577,615 | $577,615 | — | — |
Citibank, N.A. | 8,474,691 | (6,075,429) | 2,399,262 | 2,399,262 | — | — |
Goldman Sachs International | 1,916,726 | (1,693,772) | 222,954 | — | — | $222,954 |
HSBC Bank USA, N.A. | 4,175,055 | (2,940,102) | 1,234,953 | 1,234,953 | — | — |
JPMorgan Chase Bank, N.A. | 5,941,541 | (3,377,348) | 2,564,193 | 1,883,386 | — | 680,807 |
Morgan Stanley & Co. International PLC | 6,132,699 | (7,686,950) | (1,554,251) | — | 1,554,251 | — |
Royal Bank of Canada | 527,974 | (709,192) | (181,218) | — | 181,218 | — |
Standard Chartered Bank | 13,398 | (1,991,967) | (1,978,569) | — | 1,760,000 | (218,569) |
State Street Bank and Trust Company | 3,506,840 | (1,802,534) | 1,704,306 | 1,411,000 | — | 293,306 |
The Toronto-Dominion Bank | 1,672 | (29,484) | (27,812) | — | — | (27,812) |
UBS AG | 2,211,150 | (489,596) | 1,721,554 | 980,251 | — | 741,303 |
Totals | $39,720,827 | $(31,874,772) | $7,846,055 | $9,593,958 | $4,144,459 | $2,396,556 |
1 Reflects cash and/or non-cash 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 | Unaffiliated investments and foreign currency transactions1 | Futures contracts | Forward foreign currency contracts | Written options | Total |
Interest rate | — | $21,353,925 | — | — | $21,353,925 |
Currency | $1,707,207 | — | $11,221,177 | $564,234 | 13,492,618 |
Total | $1,707,207 | $21,353,925 | $11,221,177 | $564,234 | $34,846,543 |
1 | Realized gain (loss) associated with purchased options is included in this caption on the Statement of operations. |
ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 53 |
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 | — | $(2,434,814) | — | — | $(2,434,814) |
Currency | $1,265,121 | — | $(37,095,713) | $895,090 | (34,935,502) |
Total | $1,265,121 | $(2,434,814) | $(37,095,713) | $895,090 | $(37,370,316) |
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 | ANNUAL REPORT |
Class | Expense reduction |
Class A | $146,146 |
Class C | 16,304 |
Class I | 733,310 |
Class R2 | 2,090 |
Class | Expense reduction |
Class R6 | $77,097 |
Class NAV | 728,948 |
Total | $1,703,895 |
Class | Rule 12b-1 Fee | Service fee |
Class A | 0.30% | — |
Class C | 1.00% | — |
Class R2 | 0.25% | 0.25% |
ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 55 |
Class | Distribution and service fees | Transfer agent fees |
Class A | $920,412 | $353,204 |
Class C | 342,672 | 39,353 |
Class I | — | 1,771,952 |
Class R2 | 21,846 | 340 |
Class R6 | — | 12,306 |
Total | $1,284,930 | $2,177,155 |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class A shares | ||||
Sold | 4,371,866 | $42,522,430 | 5,455,974 | $58,249,102 |
Distributions reinvested | 1,083,347 | 10,505,749 | 1,056,296 | 11,140,808 |
Repurchased | (7,909,974) | (76,764,914) | (8,190,724) | (86,578,150) |
Net decrease | (2,454,761) | $(23,736,735) | (1,678,454) | $(17,188,240) |
Class C shares | ||||
Sold | 365,783 | $3,556,267 | 209,073 | $2,243,713 |
Distributions reinvested | 99,280 | 961,670 | 131,541 | 1,394,405 |
Repurchased | (1,918,605) | (18,636,147) | (2,855,634) | (30,346,366) |
Net decrease | (1,453,542) | $(14,118,210) | (2,515,020) | $(26,708,248) |
Class I shares | ||||
Sold | 36,864,395 | $358,764,772 | 61,066,568 | $642,932,832 |
Distributions reinvested | 5,962,906 | 57,804,902 | 5,927,420 | 62,449,060 |
Repurchased | (75,052,558) | (728,231,856) | (66,348,708) | (700,227,515) |
Net increase (decrease) | (32,225,257) | $(311,662,182) | 645,280 | $5,154,377 |
56 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT |
Year Ended 8-31-23 | Year Ended 8-31-22 | |||
Shares | Amount | Shares | Amount | |
Class R2 shares | ||||
Sold | 53,803 | $523,266 | 98,009 | $1,056,712 |
Distributions reinvested | 15,069 | 146,216 | 15,496 | 163,356 |
Repurchased | (216,751) | (2,122,295) | (99,333) | (1,035,004) |
Net increase (decrease) | (147,879) | $(1,452,813) | 14,172 | $185,064 |
Class R6 shares | ||||
Sold | 3,505,678 | $34,190,358 | 4,743,666 | $50,603,752 |
Distributions reinvested | 653,584 | 6,344,542 | 668,556 | 7,064,924 |
Repurchased | (5,337,601) | (51,858,649) | (7,716,693) | (82,389,216) |
Net decrease | (1,178,339) | $(11,323,749) | (2,304,471) | $(24,720,540) |
Class NAV shares | ||||
Sold | 8,487,263 | $82,709,353 | 4,356,965 | $46,472,779 |
Distributions reinvested | 6,248,171 | 60,592,946 | 6,552,363 | 69,165,745 |
Repurchased | (32,462,865) | (316,479,039) | (34,425,871) | (354,212,867) |
Net decrease | (17,727,431) | $(173,176,740) | (23,516,543) | $(238,574,343) |
Total net decrease | (55,187,209) | $(535,470,429) | (29,355,036) | $(301,851,930) |
Fund | Affiliated Concentration |
John Hancock Funds II Multimanager Lifestyle Balanced Portfolio | 14.9% |
John Hancock Funds II Multimanager Lifestyle Growth Portfolio | 7.1% |
John Hancock Funds II Multimanager Lifestyle Moderate Portfolio | 5.2% |
ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 57 |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
John Hancock Collateral Trust* | 5,104,513 | $135,402,725 | $1,189,956,000 | $(1,274,353,084) | $(69,644) | $91,779 | $2,404,051 | — | $51,027,776 |
* | Refer to the Securities lending note within Note 2 for details regarding this investment. |
58 | JOHN HANCOCK Strategic Income Opportunities Fund | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK Strategic Income Opportunities Fund | 59 |
60 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 61 |
62 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
(a) | the skills and competency with which the Advisor has in the past managed the Trust’s affairs and its subadvisory relationship, the Advisor’s oversight and monitoring of the Subadvisor’s investment performance and compliance programs, such as the Subadvisor’s compliance with fund policies and objectives, review of brokerage matters, including with respect to trade allocation and best execution and the Advisor’s timeliness in responding to performance issues; |
(b) | the background, qualifications and skills of the Advisor’s personnel; |
(c) | the Advisor’s compliance policies and procedures and its responsiveness to regulatory changes and fund industry developments; |
(d) | the Advisor’s administrative capabilities, including its ability to supervise the other service providers for the fund, as well as the Advisor’s oversight of any securities lending activity, its monitoring of class action litigation and collection of class action settlements on behalf of the fund, and bringing loss recovery actions on behalf of the fund; |
(e) | the financial condition of the Advisor and whether it has the financial wherewithal to provide a high level and quality of services to the fund; |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 63 |
(f) | the Advisor’s initiatives intended to improve various aspects of the Trust’s operations and investor experience with the fund; and |
(g) | the Advisor’s reputation and experience in serving as an investment advisor to the Trust and the benefit to shareholders of investing in funds that are part of a family of funds offering a variety of investments. |
(a) | reviewed information prepared by management regarding the fund’s performance; |
(b) | considered the comparative performance of an applicable benchmark index; |
(c) | considered the performance of comparable funds, if any, as included in the report prepared by an independent third-party provider of fund data; and |
(d) | took into account the Advisor’s analysis of the fund’s performance and its plans and recommendations regarding the Trust’s subadvisory arrangements generally. |
64 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
(a) | reviewed financial information of the Advisor; |
(b) | reviewed and considered information presented by the Advisor regarding the net profitability to the Advisor and its affiliates with respect to the fund; |
(c) | received and reviewed profitability information with respect to the John Hancock Fund Complex as a whole and with respect to the fund; |
(d) | received information with respect to the Advisor’s allocation methodologies used in preparing the profitability data and considered that the Advisor hired an independent third-party consultant to provide an analysis of the Advisor’s allocation methodologies; |
(e) | considered that the John Hancock insurance companies that are affiliates of the Advisor, as shareholders of the Trust directly or through their separate accounts, receive certain tax credits or deductions relating to foreign taxes paid and dividends received by certain funds of the Trust and noted that these tax benefits, which are not available to participants in qualified retirement plans under applicable income tax law, are reflected in the profitability information reviewed by the Board; |
(f) | considered that the Advisor also provides administrative services to the fund on a cost basis pursuant to an administrative services agreement; |
(g) | noted that affiliates of the Advisor provide transfer agency services and distribution services to the fund, and that the fund’s distributor also receives Rule 12b-1 payments to support distribution of the fund; |
(h) | noted that the fund’s Subadvisor is an affiliate of the Advisor; |
(i) | noted that the Advisor also derives reputational and other indirect benefits from providing advisory services to the fund; |
(j) | noted that the subadvisory fee for the fund is paid by the Advisor; |
(k) | considered the Advisor’s ongoing costs and expenditures necessary to improve services, meet new regulatory and compliance requirements, and adapt to other challenges impacting the fund industry; and |
(l) | considered that the Advisor should be entitled to earn a reasonable level of profits in exchange for the level of services it provides to the fund and the risks that it assumes as Advisor, including entrepreneurial, operational, reputational, litigation and regulatory risk. |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 65 |
(a) | considered that the Advisor has contractually agreed to waive a portion of its management fee for certain funds of the John Hancock Fund Complex, including the fund (the participating portfolios) or otherwise reimburse the expenses of the participating portfolios (the reimbursement). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund; |
(b) | reviewed the fund’s advisory fee structure and concluded that: (i) the fund’s fee structure contains breakpoints at the subadvisory fee level and that such breakpoints are reflected as breakpoints in the advisory fees for the fund; and (ii) although economies of scale cannot be measured with precision, these arrangements permit shareholders of the fund to benefit from economies of scale if the fund grows. The Board also took into account management’s discussion of the fund’s advisory fee structure; and |
(c) | the Board also considered the effect of the fund’s growth in size on its performance and fees. The Board also noted that if the fund’s assets increase over time, the fund may realize other economies of scale. |
(1) | information relating to the Subadvisor’s business, including current subadvisory services to the Trust (and other funds in the John Hancock Fund Complex); |
(2) | the historical and current performance of the fund and comparative performance information relating to an applicable benchmark index and comparable funds; and |
(3) | the subadvisory fee for the fund, including any breakpoints, and to the extent available, comparable fee information prepared by an independent third party provider of fund data; |
66 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
(1) | the Subadvisor has extensive experience and demonstrated skills as a manager; |
(2) | the performance of the fund has generally been in line with or outperformed the historical performance of comparable funds and the fund’s benchmark index; |
(3) | the subadvisory fee is reasonable in relation to the level and quality of services being provided under the Subadvisory Agreement; and |
(4) | noted that the subadvisory fees are paid by the Advisor not the fund and that the subadvisory fee breakpoints are reflected as breakpoints in the advisory fees for the fund in order to permit shareholders to benefit from economies of scale if the fund grows. |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 67 |
• | The Fund’s investment strategy remained appropriate for an open-end fund structure; |
• | The Fund was able to meet requests for redemption without significant dilution of remaining shareholders’ interests in the Fund; |
68 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
• | The Fund did not experience any breaches of the 15% limit on illiquid investments, or any applicable HLIM, that would require reporting to the Securities and Exchange Commission; |
• | The Fund continued to qualify as a Primarily Highly Liquid Fund under the Liquidity Rule and therefore is not required to establish a HLIM; and |
• | The Chief Compliance Officer’s office, as a part of their annual Rule 38a-1 assessment of the Fund’s policies and procedures, reviewed the LRMP’s control environment and deemed it to be operating effectively and in compliance with the Board approved procedures. |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 69 |
Independent Trustees | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Hassell H. McClellan,2 Born: 1945 | 2005 | 186 |
Trustee and Chairperson of the Board | ||
Director/Trustee, Virtus Funds (2008-2020); Director, The Barnes Group (2010-2021); Associate Professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and Chairperson of the Board (since 2017) of various trusts within the John Hancock Fund Complex. | ||
James R. Boyle, Born: 1959 | 2015 | 183 |
Trustee | ||
Board Member, United of Omaha Life Insurance Company (since 2022). Board Member, Mutual of Omaha Investor Services, Inc. (since 2022). Foresters Financial, Chief Executive Officer (2018–2022) and board member (2017–2022). Manulife Financial and John Hancock, more than 20 years, retiring in 2012 as Chief Executive Officer, John Hancock and Senior Executive Vice President, Manulife Financial. Trustee of various trusts within the John Hancock Fund Complex (2005–2014 and since 2015). | ||
William H. Cunningham,3 Born: 1944 | 2012 | 184 |
Trustee | ||
Professor, University of Texas, Austin, Texas (since 1971); former Chancellor, University of Texas System and former President of the University of Texas, Austin, Texas; Director (since 2006), Lincoln National Corporation (insurance); Director, Southwest Airlines (since 2000). Trustee of various trusts within the John Hancock Fund Complex (since 1986). | ||
Noni L. Ellison,* Born: 1971 | 2022 | 183 |
Trustee | ||
Senior Vice President, General Counsel & Corporate Secretary, Tractor Supply Company (rural lifestyle retailer) (since 2021); General Counsel, Chief Compliance Officer & Corporate Secretary, Carestream Dental, L.L.C.(2017–2021); Associate General Counsel & Assistant Corporate Secretary, W.W. Grainger, Inc. (global industrial supplier) (2015–2017); Board Member, Goodwill of North Georgia, 2018 (FY2019)–2020 (FY2021); Board Member, Howard University School of Law Board of Visitors (since 2021); Board Member, University of Chicago Law School Board of Visitors (since 2016); Board member, Children’s Healthcare of Atlanta Foundation Board (2021–present). Trustee of various trusts within the John Hancock Fund Complex (since 2022). | ||
Grace K. Fey, Born: 1946 | 2008 | 186 |
Trustee | ||
Chief Executive Officer, Grace Fey Advisors (since 2007); Director and Executive Vice President, Frontier Capital Management Company (1988–2007); Director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Dean C. Garfield,* Born: 1968 | 2022 | 183 |
Trustee | ||
Vice President, Netflix, Inc. (since 2019); President & Chief Executive Officer, Information Technology Industry Council (2009–2019); NYU School of Law Board of Trustees (since 2021); Member, U.S. Department of Transportation, Advisory Committee on Automation (since 2021); President of the United States Trade Advisory Council (2010–2018); Board Member, College for Every Student (2017–2021); Board Member, The Seed School of Washington, D.C. (2012–2017). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
70 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
Independent Trustees (continued) | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Deborah C. Jackson, Born: 1952 | 2012 | 185 |
Trustee | ||
President, Cambridge College, Cambridge, Massachusetts (since 2011); Board of Directors, Amwell Corporation (since 2020); Board of Directors, Massachusetts Women’s Forum (2018-2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Chief Executive Officer, American Red Cross of Massachusetts Bay (2002–2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of Boston Stock Exchange (2002–2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007–2011). Trustee of various trusts within the John Hancock Fund Complex (since 2008). | ||
Steven R. Pruchansky, Born: 1944 | 2012 | 183 |
Trustee and Vice Chairperson of the Board | ||
Managing Director, Pru Realty (since 2017); Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. (2014-2020); Director and President, Greenscapes of Southwest Florida, Inc. (until 2000); Member, Board of Advisors, First American Bank (until 2010); Managing Director, Jon James, LLC (real estate) (since 2000); Partner, Right Funding, LLC (2014-2017); Director, First Signature Bank & Trust Company (until 1991); Director, Mast Realty Trust (until 1994); President, Maxwell Building Corp. (until 1991). Trustee (since 1992), Chairperson of the Board (2011–2012), and Vice Chairperson of the Board (since 2012) of various trusts within the John Hancock Fund Complex. | ||
Frances G. Rathke,3 Born: 1960 | 2020 | 183 |
Trustee | ||
Director, Audit Committee Chair, Oatly Group AB (plant-based drink company) (since 2021); Director, Audit Committee Chair and Compensation Committee Member, Green Mountain Power Corporation (since 2016); Director, Treasurer and Finance & Audit Committee Chair, Flynn Center for Performing Arts (since 2016); Director and Audit Committee Chair, Planet Fitness (since 2016); Chief Financial Officer and Treasurer, Keurig Green Mountain, Inc. (2003-retired 2015). Trustee of various trusts within the John Hancock Fund Complex (since 2020). | ||
Gregory A. Russo, Born: 1949 | 2012 | 183 |
Trustee | ||
Director and Audit Committee Chairman (2012-2020), and Member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); Director and Member (2012-2018), and Finance Committee Chairman (2014-2018), The Moorings, Inc. (nonprofit continuing care community); Global Vice Chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002–2006); Vice Chairman, Industrial Markets, KPMG (1998–2002). Trustee of various trusts within the John Hancock Fund Complex (since 2008). |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 71 |
Non-Independent Trustees4 | ||
Name, year of birth Position(s) held with Trust Principal occupation(s) and other directorships during past 5 years | Trustee of the Trust since1 | Number of John Hancock funds overseen by Trustee |
Andrew G. Arnott, Born: 1971 | 2017 | 184 |
Non-Independent Trustee | ||
Global Head of Retail for Manulife (since 2022); Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (2018-2023); Director and Chairman, John Hancock Investment Management LLC (since 2005, including prior positions); Director and Chairman, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); Director and Chairman, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); President of various trusts within the John Hancock Fund Complex (2007-2023, including prior positions). Trustee of various trusts within the John Hancock Fund Complex (since 2017). | ||
Paul Lorentz,† Born: 1968 | 2022 | 183 |
Non-Independent Trustee | ||
Global Head, Manulife Wealth and Asset Management (since 2017); General Manager, Manulife, Individual Wealth Management and Insurance (2013–2017); President, Manulife Investments (2010–2016). Trustee of various trusts within the John Hancock Fund Complex (since 2022). |
Principal officers who are not Trustees | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Kristie M. Feinberg, Born: 1975 | 2023 |
President | |
Head of Wealth and Asset Management, United States and Europe, for John Hancock and Manulife (since 2023); CFO and Global Head of Strategy, Manulife Investment Management (2021-2023, including prior positions); CFO Americas & Global Head of Treasury, Invesco, Ltd., Invesco US (2019-2020, including prior positions); Senior Vice President, Corporate Treasurer and Business Controller, Oppenheimer Funds (2001-2019, including prior positions); President of various trusts within the John Hancock Fund Complex (since 2023). | |
Charles A. Rizzo, Born: 1957 | 2007 |
Chief Financial Officer | |
Vice President, John Hancock Financial Services (since 2008); Senior Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2008); Chief Financial Officer of various trusts within the John Hancock Fund Complex (since 2007). | |
Salvatore Schiavone, Born: 1965 | 2009 |
Treasurer | |
Assistant Vice President, John Hancock Financial Services (since 2007); Vice President, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2007); Treasurer of various trusts within the John Hancock Fund Complex (since 2007, including prior positions). |
72 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL REPORT |
Principal officers who are not Trustees (continued) | |
Name, year of birth Position(s) held with Trust Principal occupation(s) during past 5 years | Current Position(s) with the Trust since |
Christopher (Kit) Sechler, Born: 1973 | 2018 |
Secretary and Chief Legal Officer | |
Vice President and Deputy Chief Counsel, John Hancock Investment Management (since 2015); Assistant Vice President and Senior Counsel (2009–2015), John Hancock Investment Management; Assistant Secretary of John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2009); Chief Legal Officer and Secretary of various trusts within the John Hancock Fund Complex (since 2009, including prior positions). | |
Trevor Swanberg, Born: 1979 | 2020 |
Chief Compliance Officer | |
Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (since 2020); Deputy Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2019–2020); Assistant Chief Compliance Officer, John Hancock Investment Management LLC and John Hancock Variable Trust Advisers LLC (2016–2019); Vice President, State Street Global Advisors (2015–2016); Chief Compliance Officer of various trusts within the John Hancock Fund Complex (since 2016, including prior positions). |
1 | Each Trustee holds office until his or her successor is duly elected and qualified, or until the Trustee’s death, retirement, resignation, or removal. Mr. Boyle has served as Trustee at various times prior to the date listed in the table. |
2 | Member of the Audit Committee as of September 26, 2023. |
3 | Member of the Audit Committee. |
4 | The Trustee is a Non-Independent Trustee due to current or former positions with the Advisor and certain affiliates. |
* | Elected to serve as Independent Trustee effective as of September 9, 2022. |
† | Elected to serve as Non-Independent Trustee effective as of September 9, 2022. |
ANNUAL REPORT | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | 73 |
Steven R. Pruchansky, Vice Chairperson
Andrew G. Arnott†
James R. Boyle
William H. Cunningham*
Grace K. Fey
Noni L. Ellison^
Dean C. Garfield^
Deborah C. Jackson
Patricia Lizarraga*,^,§
Frances G. Rathke*
Gregory A. Russo
President
Chief Financial Officer
Treasurer
Secretary and Chief Legal Officer
Chief Compliance Officer
Thomas C. Goggins
Bradley L. Lutz, CFA
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 |
74 | JOHN HANCOCK STRATEGIC INCOME OPPORTUNITIES FUND | ANNUAL 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
MF3099624 | 356A 8/23 |
ITEM 2. CODE OF ETHICS.
As of the end of the fiscal year August 31, 2023 the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its Chief Executive Officer, Chief Financial Officer and Treasurer (respectively, the principal executive officer, the principal financial officer and the principal accounting officer, the "Covered Officers"). A copy of the code of ethics is filed as an exhibit to this Form N-CSR.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Frances G. Rathke is the audit committee financial expert and is "independent" pursuant to general instructions on Form N-CSR Item 3.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
(a) Audit fees:
The aggregate fees billed for professional services rendered by the principal accountant for the audits of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements amounted to the following for the fiscal years ended August 31, 2023 and 2022. These fees were billed to the registrant and were approved by the registrant's audit committee:
2023: $347,705
2022: $334,037
(b) Audit-related services
Audit-related fees for assurance and related services by the principal accountant are billed to the registrant or to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser ("control affiliates") that provides ongoing services to the registrant. The nature of the services provided was affiliated service provider internal controls reviews, security counts pursuant to Rule 17f-2 under the Investment Company Act of 1940, and reviews related to supplemental regulatory filings. Amounts billed to the registrant for the fiscal years ended August 31, 2023 and 2022 were as follows:
2023: $3,676
2022: $5,386
Amounts billed to control affiliates were $127,376 and $129,201 for the fiscal years ended August 31, 2023 and 2022, respectively.
(c) Tax Fees
The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning ("tax fees") amounted to the following for the fiscal years ended August 31, 2023 and 2022. The nature of the services comprising the tax fees was the review of the registrant's tax distribution requirements. These fees were billed to the registrant and were approved by the registrant's audit committee.
2023: $8,403
2022: $5,610
(d) All Other Fees
The nature of the services comprising all other fees is advisory services provided to the investment manager. Other fees amounted to the following for the fiscal years ended August 31, 2023 and 2022:
2023: $0
2022: $2,282
(e)(1) Audit Committee Pre-Approval Policies and Procedures:
The Trust's Audit Committee must pre-approve all audit and non-audit services provided by the independent registered public accounting firm (the "Auditor") relating to the operations or financial reporting of the funds. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.
The Trust's Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee's consideration of audit-related and non-audit services by the Auditor. The policies and procedures require that any audit-related and non-audit service provided by the Auditor and any non-audit service provided by the Auditor to a fund service provider that relates directly to the operations and financial reporting of a fund are subject to approval by the Audit Committee before such service is provided. Audit-related services provided by the Auditor that are expected to exceed $25,000 per instance/per fund are subject to specific pre-approval by the Audit Committee. Tax services provided by the Auditor that are expected to exceed $30,000 per instance/per fund are subject to specific pre- approval by the Audit Committee.
All audit services, as well as the audit-related and non-audit services that are expected to exceed the amounts stated above, must be approved in advance of provision of the service by formal resolution of the Audit Committee. At the regularly scheduled Audit Committee meetings, the Committee reviews a report summarizing the services, including fees, provided by the Auditor.
(e)(2) Services approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X:
Audit-Related Fees, Tax Fees and All Other Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.
(f)According to the registrant's principal accountant for the fiscal year ended August 31, 2023, the percentage of hours spent on the audit of the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons who were not full-time, permanent employees of principal accountant was less than 50%.
(g)The aggregate non-audit fees billed by the registrant's principal accountant for non-audit services rendered to the registrant and rendered to the registrant's control affiliates were $1,427,320 for the fiscal year ended August 31, 2023 and $796,738 for the fiscal year ended August 31, 2022.
(h)The audit committee of the registrant has considered the non-audit services provided by the registrant's principal accountant to the control affiliates and has determined that the services that were not pre-approved are compatible with maintaining the principal accountant's independence.
(i)Not applicable.
(j)Not applicable.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS
The registrant has a separately-designated standing audit committee comprised of independent trustees. The members of the audit committee are as follows:
Frances G. Rathke – Chairperson William H. Cunningham
Hassell H. McClellan - Member of the Audit Committee as of September 26, 2023. Patricia Lizarraga - effective September 20, 2022 to September 21, 2023
ITEM 6. SCHEDULE OF INVESTM-ENTS.
(a)This schedule is included as part of the Report to shareholders filed under Item 1 of this form, except for John Hancock Emerging Markets Fund which follows:
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of John Hancock Funds II and Shareholders of John Hancock Emerging Markets Fund
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the summary of fund's investments, of John Hancock Emerging Markets Fund (one of the funds constituting John Hancock Funds II, referred to hereafter as the "Fund") as of August 31, 2023, the related statement of operations for the year ended August 31, 2023, the statements of changes in net assets for each of the two years in the period ended August 31, 2023, including the related notes, and the financial highlights for each of the five years in the period ended August 31, 2023 (included in Item 1 of this Form N-CSR) and the fund's investments (included in Item 6 of this Form N-CSR) as of August 31, 2023 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of August 31, 2023, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended August 31, 2023 and the financial highlights for each of the five years in the period ended August 31, 2023 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of August 31, 2023 by correspondence with the custodian, transfer agents and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
PricewaterhouseCoopers LLP, 101 Seaport Boulevard, Suite 500, Boston, MA 02210
T: (617) 530 5000, F: (617) 530 5001, www.pwc.com/us
Boston, Massachusetts
October 10, 2023
We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988.
2 of 2
Shares | Value | ||||
Common stocks 98.9% | $174,665,120 | ||||
(Cost $162,078,100) | |||||
Australia 0.0% | 58,402 | ||||
MMG, Ltd. (A) | 176,000 | 58,402 | |||
Belgium 0.0% | 47,059 | ||||
Titan Cement International SA | 2,364 | 47,059 | |||
Brazil 3.9% | 6,928,743 | ||||
3R Petroleum Oleo e Gas SA (A) | 3,689 | 24,524 | |||
AES Brasil Energia SA (A) | 8,379 | 18,680 | |||
Aliansce Sonae Shopping Centers SA | 15,598 | 71,721 | |||
Alupar Investimento SA | 4,232 | 24,177 | |||
Ambev SA, ADR | 26,233 | 72,665 | |||
Anima Holding SA (A) | 17,000 | 12,496 | |||
Arezzo Industria e Comercio SA | 991 | 14,142 | |||
Atacadao SA | 13,100 | 27,141 | |||
Auren Energia SA | 12,504 | 34,365 | |||
B3 SA - Brasil Bolsa Balcao | 49,134 | 128,291 | |||
Banco ABC Brasil SA (A) | 280 | 1,035 | |||
Banco Bradesco SA | 11,559 | 30,905 | |||
Banco BTG Pactual SA | 12,080 | 79,207 | |||
Banco do Brasil SA | 20,913 | 198,908 | |||
Banco Santander Brasil SA | 6,740 | 36,898 | |||
BB Seguridade Participacoes SA | 10,747 | 65,931 | |||
Bemobi Mobile Tech SA | 7,500 | 17,765 | |||
Blau Farmaceutica SA | 4,200 | 14,987 | |||
BrasilAgro - Company Brasileira de Propriedades Agricolas | 2,247 | 10,795 | |||
Braskem SA, ADR (A) | 2,571 | 22,728 | |||
BRF SA (A) | 39,019 | 71,229 | |||
Caixa Seguridade Participacoes SA | 6,600 | 14,394 | |||
Camil Alimentos SA | 11,340 | 19,465 | |||
CCR SA | 24,691 | 62,126 | |||
Centrais Eletricas Brasileiras SA | 13,587 | 96,743 | |||
Cia Brasileira de Aluminio | 5,000 | 4,321 | |||
Cia Brasileira de Distribuicao (A) | 8,517 | 8,496 | |||
Cia de Saneamento Basico do Estado de Sao Paulo | 6,099 | 71,335 | |||
Cia de Saneamento de Minas Gerais-COPASA | 5,405 | 19,559 | |||
Cia de Saneamento do Parana | 35,000 | 30,179 | |||
Cia de Saneamento do Parana, Unit | 8,545 | 39,084 | |||
Cia Energetica de Minas Gerais | 7,172 | 28,517 | |||
Cia Paranaense de Energia | 16,718 | 27,345 | |||
Cia Paranaense de Energia, Unit | 1,000 | 8,603 | |||
Cia Siderurgica Nacional SA | 33,115 | 80,981 |
1 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Brazil (continued) | |||||
Cielo SA | 51,115 | $38,398 | |||
Cogna Educacao SA (A) | 79,561 | 46,914 | |||
Construtora Tenda SA (A) | 3,166 | 8,183 | |||
Cosan SA | 12,066 | 42,689 | |||
CPFL Energia SA | 3,200 | 22,068 | |||
Cruzeiro do Sul Educacional SA | 11,500 | 9,637 | |||
Cury Construtora e Incorporadora SA | 6,327 | 20,839 | |||
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 16,330 | 73,999 | |||
Desktop - Sigmanet Comunicacao Multimidia SA (B) | 4,482 | 13,305 | |||
Dexco SA | 17,106 | 27,496 | |||
Diagnosticos da America SA | 7,468 | 16,619 | |||
Dimed SA Distribuidora da Medicamentos | 6,500 | 16,066 | |||
Direcional Engenharia SA | 2,623 | 10,726 | |||
EcoRodovias Infraestrutura e Logistica SA | 9,993 | 15,236 | |||
Embraer SA (A) | 34,400 | 135,390 | |||
Empreendimentos Pague Menos S/A | 13,200 | 10,289 | |||
Enauta Participacoes SA | 7,100 | 22,496 | |||
Energisa SA | 4,868 | 45,318 | |||
Eneva SA (A) | 18,759 | 45,154 | |||
Engie Brasil Energia SA | 3,893 | 33,112 | |||
Equatorial Energia SA | 20,349 | 130,098 | |||
Eternit SA | 10,700 | 19,122 | |||
Even Construtora e Incorporadora SA | 7,057 | 9,163 | |||
Ez Tec Empreendimentos e Participacoes SA | 2,411 | 10,731 | |||
Fleury SA | 12,822 | 38,217 | |||
Fras-Le SA | 7,900 | 21,919 | |||
Gerdau SA, ADR | 16,476 | 85,840 | |||
GPS Participacoes e Empreendimentos SA (B) | 9,900 | 36,925 | |||
Grendene SA | 9,503 | 13,068 | |||
Grupo de Moda Soma SA | 21,021 | 31,794 | |||
Grupo Mateus SA (A) | 21,096 | 28,670 | |||
Grupo SBF SA | 2,300 | 3,321 | |||
Guararapes Confeccoes SA | 5,552 | 7,007 | |||
Hapvida Participacoes e Investimentos SA (A)(B) | 107,962 | 92,874 | |||
Hidrovias do Brasil SA (A) | 27,800 | 22,119 | |||
Hypera SA | 7,232 | 56,941 | |||
Intelbras SA Industria de Telecomunicacao Eletronica Brasileira | 3,300 | 14,587 | |||
International Meal Company Alimentacao SA (A) | 20,154 | 8,709 | |||
Iochpe Maxion SA | 8,200 | 23,000 | |||
Irani Papel e Embalagem SA | 8,200 | 18,182 | |||
IRB Brasil Resseguros SA (A) | 1,332 | 11,555 | |||
Itau Unibanco Holding SA | 6,151 | 28,954 | |||
Jalles Machado SA | 7,000 | 11,888 | |||
JBS SA | 26,836 | 99,713 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 2 |
Shares | Value | ||||
Brazil (continued) | |||||
JHSF Participacoes SA | 17,839 | $17,291 | |||
Kepler Weber SA | 15,000 | 33,986 | |||
Klabin SA | 39,653 | 182,248 | |||
Localiza Rent a Car SA | 5,810 | 74,208 | |||
Locaweb Servicos de Internet SA (B) | 16,000 | 22,843 | |||
LOG Commercial Properties e Participacoes SA | 4,489 | 17,042 | |||
Log-in Logistica Intermodal SA (A) | 1,100 | 8,885 | |||
Lojas Quero Quero SA (A) | 7,821 | 7,612 | |||
Lojas Renner SA | 9,349 | 30,263 | |||
M Dias Branco SA | 3,800 | 28,546 | |||
Magazine Luiza SA (A) | 23,965 | 13,357 | |||
Mahle-Metal Leve SA | 2,100 | 20,326 | |||
Mills Estruturas e Servicos de Engenharia SA | 5,000 | 12,772 | |||
Minerva SA | 11,500 | 19,507 | |||
Movida Participacoes SA | 7,600 | 19,046 | |||
MRV Engenharia e Participacoes SA | 15,337 | 35,183 | |||
Multilaser Industrial SA (A) | 18,229 | 11,411 | |||
Natura & Company Holding SA (A) | 15,812 | 48,470 | |||
Neoenergia SA | 2,893 | 10,656 | |||
Odontoprev SA | 8,919 | 18,623 | |||
Omega Energia SA (A) | 7,070 | 14,291 | |||
Petroleo Brasileiro SA | 120,644 | 841,479 | |||
Petroreconcavo SA | 6,838 | 31,980 | |||
Porto Seguro SA | 8,268 | 43,577 | |||
Portobello SA | 64 | 85 | |||
Positivo Tecnologia SA | 11,300 | 18,346 | |||
PRIO SA (A) | 13,600 | 127,485 | |||
Qualicorp Consultoria e Corretora de Seguros SA | 8,857 | 6,206 | |||
Raia Drogasil SA | 24,770 | 137,454 | |||
Rede D’Or Sao Luiz SA (B) | 5,178 | 29,968 | |||
Romi SA | 5,370 | 13,859 | |||
Rumo SA | 6,200 | 27,982 | |||
Santos Brasil Participacoes SA | 13,200 | 23,004 | |||
Sao Martinho SA | 9,585 | 69,932 | |||
Sendas Distribuidora SA | 30,085 | 70,534 | |||
SIMPAR SA | 15,079 | 29,689 | |||
SLC Agricola SA | 5,749 | 46,693 | |||
Suzano SA | 23,226 | 235,212 | |||
Tegma Gestao Logistica SA | 2,700 | 13,903 | |||
Telefonica Brasil SA | 5,999 | 50,092 | |||
TIM SA | 27,242 | 79,272 | |||
TOTVS SA | 12,293 | 68,862 | |||
Transmissora Alianca de Energia Eletrica SA | 10,811 | 74,663 | |||
Tres Tentos Agroindustrial SA | 2,700 | 7,252 |
3 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Brazil (continued) | |||||
Tupy SA | 4,722 | $24,744 | |||
Ultrapar Participacoes SA | 25,610 | 93,916 | |||
Unipar Carbocloro SA | 2,060 | 30,080 | |||
Usinas Siderurgicas de Minas Gerais SA | 5,100 | 7,168 | |||
Vale SA | 59,953 | 787,904 | |||
Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 6,100 | 20,953 | |||
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 14,564 | 34,439 | |||
Veste S.A. Estilo | 2,700 | 7,857 | |||
Via SA (A) | 98,100 | 25,159 | |||
Vibra Energia SA | 13,268 | 49,460 | |||
Vivara Participacoes SA | 1,900 | 10,428 | |||
Vulcabras Azaleia SA | 5,665 | 22,605 | |||
WEG SA | 12,438 | 90,119 | |||
Wilson Sons Holdings Brasil SA | 8,300 | 21,035 | |||
YDUQS Participacoes SA | 7,930 | 32,620 | |||
Zamp SA (A) | 7,220 | 8,092 | |||
Canada 0.0% | 43,528 | ||||
China Gold International Resources Corp., Ltd. | 10,400 | 43,528 | |||
Chile 0.7% | 1,192,727 | ||||
Aguas Andinas SA, Class A | 72,703 | 24,814 | |||
Banco de Chile | 146,860 | 16,020 | |||
Banco de Chile, ADR | 1,901 | 41,480 | |||
Banco de Credito e Inversiones SA | 1,033 | 29,718 | |||
Banco Santander Chile | 837,154 | 40,063 | |||
Besalco SA | 30,504 | 16,959 | |||
CAP SA | 3,915 | 27,552 | |||
Cementos BIO BIO SA | 2,795 | 2,295 | |||
Cencosud SA | 29,478 | 63,101 | |||
Cencosud Shopping SA | 10,584 | 17,752 | |||
Cia Cervecerias Unidas SA | 3,168 | 23,414 | |||
Cia Sud Americana de Vapores SA | 256,959 | 17,149 | |||
Colbun SA | 184,862 | 29,003 | |||
Cristalerias de Chile SA | 40,829 | 143,669 | |||
Empresa Nacional de Telecomunicaciones SA | 7,933 | 29,728 | |||
Empresas CMPC SA | 32,817 | 59,586 | |||
Empresas COPEC SA | 3,075 | 22,210 | |||
Enel Americas SA (A) | 244,746 | 29,086 | |||
Enel Chile SA | 585,867 | 39,479 | |||
Engie Energia Chile SA (A) | 23,657 | 23,308 | |||
Falabella SA | 16,002 | 39,417 | |||
Forus SA | 5,056 | 9,489 | |||
Grupo Security SA | 132,812 | 33,985 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 4 |
Shares | Value | ||||
Chile (continued) | |||||
Inversiones Aguas Metropolitanas SA | 29,967 | $24,323 | |||
Inversiones La Construccion SA | 2,123 | 13,417 | |||
Molibdenos y Metales SA | 7,542 | 32,280 | |||
Multiexport Foods SA | 12,750 | 3,141 | |||
Parque Arauco SA | 17,834 | 26,461 | |||
PAZ Corp. SA | 60,171 | 39,241 | |||
Plaza SA | 6,102 | 9,397 | |||
Ripley Corp. SA | 79,393 | 17,460 | |||
Salfacorp SA | 24,881 | 12,692 | |||
Sigdo Koppers SA | 52,647 | 78,733 | |||
SMU SA | 163,243 | 30,348 | |||
Sociedad Matriz SAAM SA | 301,497 | 35,364 | |||
Sociedad Quimica y Minera de Chile SA, ADR | 293 | 18,339 | |||
Socovesa SA | 306,550 | 38,031 | |||
SONDA SA | 29,383 | 14,816 | |||
Vina Concha y Toro SA | 15,327 | 19,407 | |||
China 22.3% | 39,408,439 | ||||
360 Security Technology, Inc., Class A (A) | 6,800 | 10,411 | |||
361 Degrees International, Ltd. | 46,000 | 24,205 | |||
37 Interactive Entertainment Network Technology Group Company, Ltd., Class A | 6,900 | 23,347 | |||
3SBio, Inc. (A)(B) | 87,500 | 73,174 | |||
AAC Technologies Holdings, Inc. | 44,500 | 86,199 | |||
Accelink Technologies Company, Ltd., Class A | 7,200 | 27,654 | |||
Addsino Company, Ltd., Class A | 15,500 | 18,129 | |||
Advanced Technology & Materials Company, Ltd., Class A | 18,200 | 23,492 | |||
AECC Aviation Power Company, Ltd., Class A | 2,400 | 12,911 | |||
Agile Group Holdings, Ltd. (A) | 59,250 | 6,714 | |||
Agricultural Bank of China, Ltd., H Shares | 599,000 | 205,310 | |||
Aier Eye Hospital Group Company, Ltd., Class A | 8,781 | 21,724 | |||
Air China, Ltd., H Shares (A) | 32,000 | 23,687 | |||
AK Medical Holdings, Ltd. (B) | 14,000 | 11,250 | |||
Alibaba Group Holding, Ltd. (A) | 228,300 | 2,649,683 | |||
A-Living Smart City Services Company, Ltd. (A)(B) | 43,750 | 27,920 | |||
Aluminum Corp. of China, Ltd., H Shares | 162,000 | 78,155 | |||
Amlogic Shanghai Company, Ltd., Class A (A) | 1,382 | 16,607 | |||
Angang Steel Company, Ltd., H Shares | 70,200 | 17,975 | |||
Angel Yeast Company, Ltd., Class A | 2,600 | 11,832 | |||
Anhui Anke Biotechnology Group Company, Ltd., Class A | 11,600 | 15,141 | |||
Anhui Conch Cement Company, Ltd., H Shares | 20,500 | 57,081 | |||
Anhui Expressway Company, Ltd., H Shares | 20,000 | 19,596 | |||
Anhui Gujing Distillery Company, Ltd., Class A | 600 | 23,690 | |||
Anhui Honglu Steel Construction Group Company, Ltd., Class A | 2,860 | 10,512 | |||
Anhui Huilong Agricultural Means of Production Company, Ltd., Class A | 13,300 | 13,471 |
5 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Anhui Jiangnan Chemical Industry Company, Ltd., Class A | 25,600 | $17,720 | |||
Anhui Jinhe Industrial Company, Ltd., Class A | 1,700 | 5,108 | |||
Anhui Kouzi Distillery Company, Ltd., Class A | 2,200 | 17,203 | |||
Anhui Truchum Advanced Materials & Technology Company, Ltd., Class A | 15,600 | 15,003 | |||
Anhui Yingjia Distillery Company, Ltd., Class A | 2,700 | 28,395 | |||
Anhui Zhongding Sealing Parts Company, Ltd., Class A | 8,600 | 14,242 | |||
Anji Microelectronics Technology Shanghai Company, Ltd., Class A | 1,072 | 23,009 | |||
Anjoy Foods Group Company, Ltd., Class A | 800 | 14,351 | |||
ANTA Sports Products, Ltd. | 24,600 | 277,321 | |||
Anton Oilfield Services Group (A) | 144,000 | 8,074 | |||
Aoshikang Technology Company, Ltd., Class A (A) | 4,000 | 16,999 | |||
Aowei Holdings, Ltd. (A) | 9,116,000 | 709,035 | |||
Apeloa Pharmaceutical Company, Ltd., Class A | 1,900 | 4,579 | |||
Asia - Potash International Investment Guangzhou Company, Ltd., Class A (A) | 5,100 | 19,568 | |||
Asia Cement China Holdings Corp. | 36,500 | 14,256 | |||
AsiaInfo Technologies, Ltd. (B) | 14,800 | 18,047 | |||
Asymchem Laboratories Tianjin Company, Ltd., Class A | 560 | 10,209 | |||
Autobio Diagnostics Company, Ltd., Class A | 1,400 | 8,823 | |||
Avary Holding Shenzhen Company, Ltd., Class A | 4,100 | 12,009 | |||
AviChina Industry & Technology Company, Ltd., H Shares | 115,000 | 51,536 | |||
Bafang Electric Suzhou Company, Ltd., Class A | 1,260 | 9,906 | |||
BAIC Motor Corp., Ltd., H Shares (B) | 150,000 | 41,474 | |||
Baidu, Inc., ADR (A) | 162 | 23,138 | |||
Baidu, Inc., Class A (A) | 9,750 | 174,128 | |||
BAIOO Family Interactive, Ltd. (B) | 78,000 | 3,082 | |||
Bank of Beijing Company, Ltd., Class A | 30,400 | 18,636 | |||
Bank of Changsha Company, Ltd., Class A | 24,353 | 27,178 | |||
Bank of Chengdu Company, Ltd., Class A | 11,400 | 21,426 | |||
Bank of China, Ltd., H Shares | 1,491,075 | 505,351 | |||
Bank of Chongqing Company, Ltd., H Shares | 37,000 | 18,951 | |||
Bank of Communications Company, Ltd., H Shares | 173,858 | 99,508 | |||
Bank of Guiyang Company, Ltd., Class A | 27,600 | 20,308 | |||
Bank of Hangzhou Company, Ltd., Class A | 9,300 | 14,302 | |||
Bank of Jiangsu Company, Ltd., Class A | 42,500 | 41,595 | |||
Bank of Nanjing Company, Ltd., Class A | 20,700 | 22,491 | |||
Bank of Ningbo Company, Ltd., Class A | 7,860 | 28,207 | |||
Bank of Shanghai Company, Ltd., Class A | 34,100 | 27,830 | |||
Bank of Suzhou Company, Ltd., Class A | 19,570 | 18,099 | |||
Bank of Zhengzhou Company, Ltd., H Shares (A)(B) | 79,860 | 9,668 | |||
Baoshan Iron & Steel Company, Ltd., Class A | 25,100 | 20,863 | |||
Baozun, Inc., ADR (A) | 1,783 | 6,972 | |||
BBMG Corp., H Shares | 115,500 | 12,058 | |||
Beijing Bei Mo Gao Ke Friction Material Company, Ltd., Class A (A) | 2,210 | 11,598 | |||
Beijing Capital Eco-Environment Protection Group Company, Ltd., Class A | 35,500 | 13,978 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 6 |
Shares | Value | ||||
China (continued) | |||||
Beijing Capital International Airport Company, Ltd., H Shares (A) | 82,415 | $43,155 | |||
Beijing Chunlizhengda Medical Instruments Company, Ltd., H Shares | 2,500 | 4,240 | |||
Beijing Compass Technology Development Company, Ltd., Class A (A) | 2,600 | 22,447 | |||
Beijing Dabeinong Technology Group Company, Ltd., Class A | 17,700 | 15,752 | |||
Beijing GeoEnviron Engineering & Technology, Inc., Class A | 12,000 | 15,320 | |||
Beijing Jetsen Technology Company, Ltd., Class A (A) | 30,600 | 22,708 | |||
Beijing Jingneng Clean Energy Company, Ltd., H Shares | 50,000 | 10,639 | |||
Beijing Jingyuntong Technology Company, Ltd., Class A (A) | 21,500 | 13,946 | |||
Beijing New Building Materials PLC, Class A | 4,400 | 18,051 | |||
Beijing North Star Company, Ltd., H Shares (A) | 40,000 | 4,081 | |||
Beijing Originwater Technology Company, Ltd., Class A | 4,045 | 2,952 | |||
Beijing Roborock Technology Company, Ltd., Class A | 457 | 18,421 | |||
Beijing Shougang Company, Ltd., Class A | 36,100 | 18,370 | |||
Beijing Sinnet Technology Company, Ltd., Class A (A) | 18,200 | 24,992 | |||
Beijing Strong Biotechnologies, Inc., Class A | 5,200 | 13,413 | |||
Beijing Thunisoft Corp., Ltd., Class A (A) | 14,500 | 17,731 | |||
Beijing Tongrentang Company, Ltd., Class A | 2,800 | 21,598 | |||
Beijing United Information Technology Company, Ltd., Class A | 2,465 | 12,211 | |||
Beijing Wantai Biological Pharmacy Enterprise Company, Ltd., Class A | 1,624 | 11,148 | |||
Beijing Yanjing Brewery Company, Ltd., Class A | 15,200 | 21,623 | |||
Beijing Yuanliu Hongyuan Electronic Technology Company, Ltd., Class A | 500 | 4,182 | |||
Beijing Zhong Ke San Huan High-Tech Company, Ltd., Class A | 11,210 | 16,727 | |||
Beijing-Shanghai High Speed Railway Company, Ltd., Class A | 31,200 | 21,851 | |||
Bengang Steel Plates Company, Ltd., Class A (A) | 42,600 | 21,682 | |||
Bethel Automotive Safety Systems Company, Ltd., Class A | 1,200 | 12,382 | |||
BGI Genomics Company, Ltd., Class A | 700 | 5,153 | |||
Biem.L.Fdlkk Garment Company, Ltd., Class A | 5,662 | 26,811 | |||
Bilibili, Inc., Class Z (A) | 1,380 | 20,852 | |||
Billion Industrial Holdings, Ltd. (A) | 12,000 | 6,192 | |||
Binjiang Service Group Company, Ltd. | 4,000 | 8,929 | |||
Bloomage Biotechnology Corp., Ltd., Class A | 1,200 | 15,262 | |||
Blue Moon Group Holdings, Ltd. (B) | 46,000 | 21,537 | |||
Blue Sail Medical Company, Ltd., Class A | 10,200 | 9,247 | |||
Bluefocus Intelligent Communications Group Company, Ltd., Class A (A) | 15,300 | 18,645 | |||
BOC International China Company, Ltd., Class A | 9,600 | 15,674 | |||
BOE Technology Group Company, Ltd., Class A | 72,500 | 39,858 | |||
Bohai Leasing Company, Ltd., Class A (A) | 68,300 | 24,342 | |||
Bright Dairy & Food Company, Ltd., Class A | 13,000 | 18,624 | |||
BYD Company, Ltd., H Shares | 12,500 | 392,633 | |||
BYD Electronic International Company, Ltd. | 12,983 | 60,131 | |||
By-health Company, Ltd., Class A | 6,000 | 15,902 | |||
C&S Paper Company, Ltd., Class A | 7,300 | 10,322 | |||
Caitong Securities Company, Ltd., Class A | 19,100 | 20,989 | |||
Camel Group Company, Ltd., Class A | 17,300 | 19,584 |
7 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Cangzhou Mingzhu Plastic Company, Ltd., Class A | 23,300 | $13,383 | |||
Canmax Technologies Company, Ltd., Class A | 2,600 | 9,627 | |||
CanSino Biologics, Inc., H Shares (A)(B) | 1,800 | 5,263 | |||
CECEP Solar Energy Company, Ltd., Class A | 15,000 | 12,396 | |||
CECEP Wind-Power Corp., Class A | 32,760 | 15,093 | |||
Central China Management Company, Ltd. | 54,538 | 2,436 | |||
Central China New Life, Ltd. (A) | 14,000 | 3,714 | |||
Central China Real Estate, Ltd. (A) | 56,629 | 779 | |||
Central China Securities Company, Ltd., H Shares | 53,000 | 8,364 | |||
CGN Power Company, Ltd., H Shares (B) | 163,000 | 40,730 | |||
Changchun High & New Technology Industry Group, Inc., Class A | 1,000 | 18,892 | |||
Changzhou Xingyu Automotive Lighting Systems Company, Ltd., Class A | 900 | 18,247 | |||
Chaowei Power Holdings, Ltd. | 37,000 | 6,648 | |||
Chaozhou Three-Circle Group Company, Ltd., Class A | 1,700 | 7,482 | |||
Chengdu CORPRO Technology Company, Ltd., Class A (A) | 6,300 | 18,232 | |||
Chengdu Hongqi Chain Company, Ltd., Class A | 30,500 | 21,709 | |||
Chengdu Kanghong Pharmaceutical Group Company, Ltd., Class A | 7,000 | 14,633 | |||
Chengdu Kanghua Biological Products Company, Ltd., Class A | 750 | 6,252 | |||
Chengdu Wintrue Holding Company, Ltd., Class A | 8,400 | 9,769 | |||
Chengtun Mining Group Company, Ltd., Class A (A) | 13,900 | 8,761 | |||
Chenguang Biotech Group Company, Ltd., Class A | 3,900 | 8,448 | |||
Chengxin Lithium Group Company, Ltd., Class A | 2,600 | 8,150 | |||
China Animal Healthcare, Ltd. (A)(C) | 182,000 | 232 | |||
China Automotive Engineering Research Institute Company, Ltd., Class A | 8,500 | 24,519 | |||
China Baoan Group Company, Ltd., Class A | 12,500 | 18,268 | |||
China BlueChemical, Ltd., H Shares | 101,000 | 25,099 | |||
China Bohai Bank Company, Ltd., H Shares (A)(B) | 119,000 | 18,339 | |||
China Cinda Asset Management Company, Ltd., H Shares | 356,000 | 34,911 | |||
China CITIC Bank Corp., Ltd., H Shares | 213,962 | 95,228 | |||
China Coal Energy Company, Ltd., H Shares | 97,000 | 66,171 | |||
China Communications Services Corp., Ltd., H Shares | 109,200 | 49,163 | |||
China Conch Environment Protection Holdings, Ltd. (A) | 140,000 | 35,367 | |||
China Conch Venture Holdings, Ltd. | 54,000 | 53,057 | |||
China Construction Bank Corp., H Shares | 1,815,000 | 971,117 | |||
China CSSC Holdings, Ltd., Class A | 5,400 | 21,027 | |||
China Datang Corp. Renewable Power Company, Ltd., H Shares | 108,000 | 26,859 | |||
China Development Bank Financial Leasing Company, Ltd., H Shares (B) | 72,000 | 11,022 | |||
China Dili Group (A)(C) | 120,400 | 7,093 | |||
China Dongxiang Group Company, Ltd. | 152,000 | 5,224 | |||
China East Education Holdings, Ltd. (B) | 35,000 | 15,004 | |||
China Eastern Airlines Corp., Ltd., H Shares (A) | 36,000 | 12,702 | |||
China Electronics Optics Valley Union Holding Company, Ltd. | 184,000 | 6,331 | |||
China Energy Engineering Corp., Ltd., H Shares | 172,000 | 19,929 | |||
China Everbright Bank Company, Ltd., H Shares | 96,000 | 27,650 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 8 |
Shares | Value | ||||
China (continued) | |||||
China Feihe, Ltd. (B) | 181,000 | $108,821 | |||
China Galaxy Securities Company, Ltd., H Shares | 104,500 | 56,217 | |||
China Greatwall Technology Group Company, Ltd., Class A | 9,800 | 14,628 | |||
China Green Electricity Investment of Tianjin Company, Ltd., Class A | 13,100 | 20,457 | |||
China Hanking Holdings, Ltd. | 54,000 | 4,741 | |||
China Harmony Auto Holding, Ltd. (A) | 30,500 | 3,188 | |||
China Hongqiao Group, Ltd. | 88,500 | 88,095 | |||
China Huarong Asset Management Company, Ltd., H Shares (A)(B) | 493,000 | 22,614 | |||
China Huiyuan Juice Group, Ltd. (A)(C) | 141,000 | 9,080 | |||
China International Capital Corp., Ltd., H Shares (B) | 28,000 | 53,778 | |||
China International Marine Containers Group Company, Ltd., H Shares | 34,830 | 19,312 | |||
China Isotope & Radiation Corp. | 3,200 | 5,176 | |||
China Jushi Company, Ltd., Class A | 12,900 | 24,708 | |||
China Kepei Education Group, Ltd. | 28,000 | 7,563 | |||
China Kings Resources Group Company, Ltd., Class A | 6,496 | 22,942 | |||
China Lesso Group Holdings, Ltd. | 62,000 | 34,098 | |||
China Life Insurance Company, Ltd., H Shares | 31,000 | 46,985 | |||
China Lilang, Ltd. | 25,000 | 12,307 | |||
China Literature, Ltd. (A)(B) | 13,600 | 54,617 | |||
China Longyuan Power Group Corp., Ltd., H Shares | 45,000 | 35,622 | |||
China Maple Leaf Educational Systems, Ltd. (A)(C) | 56,000 | 2,285 | |||
China Meidong Auto Holdings, Ltd. | 12,000 | 9,038 | |||
China Mengniu Dairy Company, Ltd. (A) | 63,000 | 211,835 | |||
China Merchants Bank Company, Ltd., H Shares | 108,961 | 431,466 | |||
China Merchants Property Operation & Service Company, Ltd., Class A | 10,000 | 21,205 | |||
China Merchants Securities Company, Ltd., H Shares (B) | 29,140 | 26,853 | |||
China Merchants Shekou Industrial Zone Holdings Company, Ltd., Class A | 12,900 | 24,209 | |||
China Minsheng Banking Corp., Ltd., H Shares | 98,840 | 31,746 | |||
China Modern Dairy Holdings, Ltd. | 167,000 | 15,741 | |||
China National Accord Medicines Corp., Ltd., Class A | 5,200 | 22,894 | |||
China National Building Material Company, Ltd., H Shares | 228,600 | 116,190 | |||
China National Chemical Engineering Company, Ltd., Class A | 12,300 | 13,133 | |||
China National Medicines Corp., Ltd., Class A | 4,400 | 19,664 | |||
China National Nuclear Power Company, Ltd., Class A | 34,100 | 33,689 | |||
China New Higher Education Group, Ltd. (B) | 42,000 | 13,318 | |||
China Nonferrous Mining Corp., Ltd. | 93,000 | 50,311 | |||
China Northern Rare Earth Group High-Tech Company, Ltd., Class A | 5,800 | 17,557 | |||
China Oilfield Services, Ltd., H Shares | 52,000 | 58,892 | |||
China Oriental Group Company, Ltd. | 84,000 | 12,835 | |||
China Pacific Insurance Group Company, Ltd., H Shares | 63,200 | 144,542 | |||
China Petroleum & Chemical Corp., H Shares | 600,000 | 350,824 | |||
China Railway Group, Ltd., H Shares | 100,000 | 52,903 | |||
China Railway Signal & Communication Corp., Ltd., H Shares (B) | 76,000 | 25,174 | |||
China Reinsurance Group Corp., H Shares | 385,000 | 25,006 |
9 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
China Renaissance Holdings, Ltd. (A)(B)(C) | 12,200 | $5,089 | |||
China Resources Double Crane Pharmaceutical Company, Ltd., Class A | 8,100 | 17,926 | |||
China Resources Medical Holdings Company, Ltd. | 33,500 | 24,868 | |||
China Resources Microelectronics, Ltd., Class A | 2,665 | 21,398 | |||
China Resources Mixc Lifestyle Services, Ltd. (B) | 14,400 | 62,224 | |||
China Resources Pharmaceutical Group, Ltd. (B) | 96,500 | 64,418 | |||
China Risun Group, Ltd. | 96,000 | 42,598 | |||
China Sanjiang Fine Chemicals Company, Ltd. (A) | 41,000 | 5,533 | |||
China SCE Group Holdings, Ltd. (A) | 98,000 | 5,055 | |||
China Shenhua Energy Company, Ltd., H Shares | 93,000 | 270,678 | |||
China Shineway Pharmaceutical Group, Ltd. | 17,000 | 16,788 | |||
China Silver Group, Ltd. (A) | 100,000 | 3,618 | |||
China South Publishing & Media Group Company, Ltd., Class A | 13,800 | 23,011 | |||
China Southern Airlines Company, Ltd., H Shares (A) | 34,000 | 18,061 | |||
China State Construction Engineering Corp., Ltd., Class A | 61,500 | 47,483 | |||
China Sunshine Paper Holdings Company, Ltd. (A) | 42,000 | 13,986 | |||
China Suntien Green Energy Corp., Ltd., H Shares | 59,000 | 20,746 | |||
China Taifeng Beddings Holdings, Ltd. (A)(C) | 46,000 | 2,851 | |||
China Tianrui Group Cement Company, Ltd. (A) | 25,000 | 17,817 | |||
China Tianying, Inc., Class A (A) | 26,000 | 18,416 | |||
China Tourism Group Duty Free Corp., Ltd., Class A | 1,100 | 16,463 | |||
China Tower Corp., Ltd., H Shares (B) | 1,630,000 | 157,706 | |||
China TransInfo Technology Company, Ltd., Class A (A) | 9,600 | 16,753 | |||
China Tungsten And Hightech Materials Company, Ltd., Class A | 12,220 | 15,709 | |||
China Vanke Company, Ltd., H Shares | 49,181 | 57,371 | |||
China West Construction Group Company, Ltd., Class A | 18,900 | 18,798 | |||
China XLX Fertiliser, Ltd. | 50,000 | 24,626 | |||
China Yangtze Power Company, Ltd., Class A | 18,500 | 56,012 | |||
China Yongda Automobiles Services Holdings, Ltd. | 52,000 | 23,066 | |||
China Yuhua Education Corp., Ltd. (A)(B) | 88,000 | 9,303 | |||
China ZhengTong Auto Services Holdings, Ltd. (A) | 72,500 | 4,057 | |||
China Zhenhua Group Science & Technology Company, Ltd., Class A | 1,200 | 15,087 | |||
China Zheshang Bank Company, Ltd., H Shares | 141,100 | 38,464 | |||
China Zhongwang Holdings, Ltd. (A)(C) | 54,200 | 11,611 | |||
Chinasoft International, Ltd. (A) | 138,000 | 91,465 | |||
Chindata Group Holdings, Ltd., ADR (A) | 1,861 | 15,577 | |||
Chlitina Holding, Ltd. | 2,000 | 11,886 | |||
Chongqing Brewery Company, Ltd., Class A | 1,100 | 13,789 | |||
Chongqing Changan Automobile Company, Ltd., Class A | 15,430 | 26,579 | |||
Chongqing Department Store Company, Ltd., Class A | 6,300 | 28,851 | |||
Chongqing Fuling Electric Power Industrial Company, Ltd., Class A | 12,816 | 23,802 | |||
Chongqing Fuling Zhacai Group Company, Ltd., Class A | 8,970 | 19,581 | |||
Chongqing Gas Group Corp., Ltd., Class A | 19,600 | 18,618 | |||
Chongqing Rural Commercial Bank Company, Ltd., H Shares | 95,000 | 33,536 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 10 |
Shares | Value | ||||
China (continued) | |||||
Chongqing Sanfeng Environment Group Corp., Ltd., Class A | 20,200 | $20,377 | |||
Chongqing Zhifei Biological Products Company, Ltd., Class A | 4,950 | 29,970 | |||
Chow Tai Seng Jewellery Company, Ltd., Class A | 5,100 | 11,891 | |||
CIFI Ever Sunshine Services Group, Ltd. (C) | 44,000 | 12,834 | |||
CITIC Securities Company, Ltd., H Shares | 35,075 | 68,488 | |||
CITIC, Ltd. | 86,923 | 86,262 | |||
CMGE Technology Group, Ltd. (A) | 116,000 | 21,279 | |||
CMOC Group, Ltd., H Shares | 60,000 | 35,794 | |||
CNFinance Holdings, Ltd., ADR (A) | 696 | 2,318 | |||
CNNC Hua Yuan Titanium Dioxide Company, Ltd., Class A | 17,402 | 12,354 | |||
CNOOC Energy Technology & Services, Ltd., Class A | 49,100 | 20,792 | |||
CNSIG Inner Mongolia Chemical Industry Company, Ltd., Class A | 11,310 | 13,786 | |||
COFCO Biotechnology Company, Ltd., Class A | 14,100 | 13,321 | |||
COFCO Joycome Foods, Ltd. (A) | 124,000 | 28,732 | |||
Colour Life Services Group Company, Ltd. (A) | 17,102 | 927 | |||
Consun Pharmaceutical Group, Ltd. | 29,000 | 19,126 | |||
Contemporary Amperex Technology Company, Ltd., Class A | 5,720 | 185,483 | |||
COSCO SHIPPING Development Company, Ltd., H Shares | 181,000 | 20,065 | |||
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares | 50,000 | 52,235 | |||
COSCO SHIPPING Holdings Company, Ltd., H Shares | 112,450 | 115,316 | |||
CPMC Holdings, Ltd. | 53,000 | 39,059 | |||
CRRC Corp., Ltd., H Shares | 63,000 | 31,019 | |||
CSC Financial Company, Ltd., H Shares (B) | 31,000 | 32,997 | |||
CSG Holding Company, Ltd., Class A | 18,200 | 14,713 | |||
CSPC Pharmaceutical Group, Ltd. | 321,680 | 241,777 | |||
CT Environmental Group, Ltd. (A)(C) | 154,000 | 2,337 | |||
CTS International Logistics Corp., Ltd., Class A | 16,100 | 16,566 | |||
Daan Gene Company, Ltd., Class A | 9,040 | 11,636 | |||
Dali Foods Group Company, Ltd. (B) | 101,500 | 48,413 | |||
Dalipal Holdings, Ltd. | 18,000 | 9,421 | |||
DaShenLin Pharmaceutical Group Company, Ltd., Class A | 2,304 | 8,422 | |||
Datang International Power Generation Company, Ltd., H Shares | 132,000 | 20,855 | |||
DeHua TB New Decoration Materials Company, Ltd., Class A | 12,600 | 18,394 | |||
Deppon Logistics Company, Ltd., Class A (A) | 9,500 | 20,490 | |||
DHC Software Company, Ltd., Class A | 18,500 | 17,044 | |||
Dian Diagnostics Group Company, Ltd., Class A | 5,300 | 16,589 | |||
Differ Group Auto, Ltd. (A) | 146,000 | 1,210 | |||
Do-Fluoride New Materials Company, Ltd., Class A | 4,200 | 9,428 | |||
Dongfang Electric Corp., Ltd., H Shares | 18,600 | 21,457 | |||
Dongfeng Motor Group Company, Ltd., H Shares | 104,000 | 38,149 | |||
Dongguan Aohai Technology Company, Ltd., Class A | 5,600 | 28,098 | |||
Dongxing Securities Company, Ltd., Class A | 17,600 | 20,021 | |||
Dongyue Group, Ltd. | 86,000 | 73,796 | |||
DouYu International Holdings, Ltd., ADR (A) | 3,157 | 3,220 |
11 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Dynagreen Environmental Protection Group Company, Ltd., H Shares | 26,000 | $8,190 | |||
East Buy Holding, Ltd. (A)(B) | 16,500 | 83,585 | |||
East Money Information Company, Ltd., Class A | 11,208 | 24,427 | |||
E-Commodities Holdings, Ltd. | 44,000 | 7,896 | |||
Ecovacs Robotics Company, Ltd., Class A | 900 | 6,551 | |||
Edvantage Group Holdings, Ltd. | 25,794 | 7,662 | |||
EEKA Fashion Holdings, Ltd. | 14,000 | 22,628 | |||
Electric Connector Technology Company, Ltd., Class A | 4,200 | 20,402 | |||
ENN Energy Holdings, Ltd. | 14,400 | 112,977 | |||
ENN Natural Gas Company, Ltd., Class A | 8,000 | 19,130 | |||
Eoptolink Technology, Inc., Ltd., Class A | 3,920 | 24,438 | |||
Eternal Asia Supply Chain Management, Ltd., Class A | 11,300 | 6,983 | |||
Eve Energy Company, Ltd., Class A | 1,500 | 10,162 | |||
Everbright Securities Company, Ltd., H Shares (B) | 9,800 | 7,264 | |||
Everest Medicines, Ltd. (A)(B) | 8,000 | 18,445 | |||
Fangda Special Steel Technology Company, Ltd., Class A (A) | 16,500 | 10,566 | |||
FAW Jiefang Group Company, Ltd., Class A (A) | 12,100 | 14,241 | |||
Fiberhome Telecommunication Technologies Company, Ltd., Class A | 7,700 | 18,782 | |||
Fibocom Wireless, Inc., Class A | 2,700 | 7,579 | |||
FIH Mobile, Ltd. (A) | 143,000 | 12,582 | |||
Financial Street Holdings Company, Ltd., Class A | 29,000 | 18,293 | |||
FinVolution Group, ADR | 5,100 | 25,602 | |||
First Capital Securities Company, Ltd., Class A | 24,700 | 20,380 | |||
First Tractor Company, Ltd., H Shares | 28,000 | 14,270 | |||
Flat Glass Group Company, Ltd., H Shares | 16,000 | 39,735 | |||
Focus Media Information Technology Company, Ltd., Class A | 32,100 | 33,847 | |||
Foshan Haitian Flavouring & Food Company, Ltd., Class A | 4,556 | 24,484 | |||
Fosun International, Ltd. | 73,693 | 46,064 | |||
Foxconn Industrial Internet Company, Ltd., Class A | 11,300 | 33,911 | |||
Fu Shou Yuan International Group, Ltd. | 58,000 | 43,141 | |||
Fufeng Group, Ltd. | 78,000 | 41,433 | |||
Fuguiniao Company, Ltd., H Shares (A)(C) | 116,600 | 5,769 | |||
Fujian Funeng Company, Ltd., Class A | 11,830 | 13,354 | |||
Fujian Star-net Communication Company, Ltd., Class A | 6,500 | 16,833 | |||
Fujian Sunner Development Company, Ltd., Class A | 5,400 | 14,421 | |||
Fuyao Glass Industry Group Company, Ltd., H Shares (B) | 14,400 | 65,158 | |||
Gan & Lee Pharmaceuticals Company, Ltd., Class A (A) | 3,500 | 20,546 | |||
Ganfeng Lithium Group Company, Ltd., H Shares (B) | 10,840 | 51,779 | |||
Gansu Qilianshan Cement Group Company, Ltd., Class A (A) | 11,700 | 17,901 | |||
Gansu Shangfeng Cement Company, Ltd., Class A | 7,560 | 9,508 | |||
G-bits Network Technology Xiamen Company, Ltd., Class A | 500 | 28,632 | |||
GCL Energy Technology Company, Ltd., Class A | 9,200 | 15,309 | |||
GD Power Development Company, Ltd., Class A | 35,900 | 17,288 | |||
GDS Holdings, Ltd., ADR (A) | 1,617 | 19,339 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 12 |
Shares | Value | ||||
China (continued) | |||||
GDS Holdings, Ltd., Class A (A) | 28,000 | $41,572 | |||
Genertec Universal Medical Group Company, Ltd. (B) | 51,500 | 26,775 | |||
GF Securities Company, Ltd., H Shares | 14,600 | 20,832 | |||
Giant Network Group Company, Ltd., Class A | 5,600 | 11,211 | |||
GigaDevice Semiconductor, Inc., Class A | 1,000 | 12,881 | |||
Ginlong Technologies Company, Ltd., Class A | 900 | 9,264 | |||
Glory Health Industry, Ltd. (A) | 53,000 | 399 | |||
GoerTek, Inc., Class A | 6,200 | 13,010 | |||
Goke Microelectronics Company, Ltd., Class A | 1,800 | 17,371 | |||
Golden Eagle Retail Group, Ltd. (A) | 26,000 | 22,340 | |||
Goldwind Science & Technology Company, Ltd., H Shares | 25,498 | 13,375 | |||
GOME Retail Holdings, Ltd. (A) | 247,000 | 1,797 | |||
GoodWe Technologies Company, Ltd., Class A | 772 | 14,671 | |||
Grand Baoxin Auto Group, Ltd. (A) | 48,950 | 1,461 | |||
Grandblue Environment Company, Ltd., Class A | 8,200 | 20,220 | |||
Grandjoy Holdings Group Company, Ltd., Class A (A) | 40,200 | 21,559 | |||
Great Wall Motor Company, Ltd., H Shares | 30,000 | 35,544 | |||
Greatview Aseptic Packaging Company, Ltd. (A) | 54,000 | 15,209 | |||
Gree Electric Appliances, Inc. of Zhuhai, Class A | 6,400 | 31,424 | |||
Greenland Hong Kong Holdings, Ltd. (A) | 76,250 | 2,665 | |||
Greentown China Holdings, Ltd. | 49,000 | 58,191 | |||
Greentown Management Holdings Company, Ltd. (B) | 24,000 | 18,687 | |||
Greentown Service Group Company, Ltd. | 80,000 | 37,299 | |||
Guangdong Create Century Intelligent Equipment Group Corp., Ltd., Class A (A) | 13,400 | 11,246 | |||
Guangdong Haid Group Company, Ltd., Class A | 2,700 | 17,858 | |||
Guangdong Hybribio Biotech Company, Ltd., Class A | 10,200 | 13,192 | |||
Guangdong Kinlong Hardware Products Company, Ltd., Class A | 900 | 7,040 | |||
Guangdong Provincial Expressway Development Company, Ltd., Class A | 11,700 | 12,199 | |||
Guangdong Tapai Group Company, Ltd., Class A | 17,900 | 20,126 | |||
Guangdong Xinbao Electrical Appliances Holdings Company, Ltd., Class A | 5,500 | 13,311 | |||
Guanghui Energy Company, Ltd., Class A | 12,900 | 11,645 | |||
Guangshen Railway Company, Ltd., H Shares (A) | 137,200 | 31,496 | |||
Guangzhou Automobile Group Company, Ltd., H Shares | 82,000 | 43,180 | |||
Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., H Shares | 12,000 | 33,656 | |||
Guangzhou Kingmed Diagnostics Group Company, Ltd., Class A | 1,200 | 9,844 | |||
Guangzhou Shiyuan Electronic Technology Company, Ltd., Class A | 1,000 | 7,306 | |||
Guangzhou Tinci Materials Technology Company, Ltd., Class A | 2,000 | 9,000 | |||
Guangzhou Wondfo Biotech Company, Ltd., Class A | 3,500 | 11,926 | |||
Guizhou Bailing Group Pharmaceutical Company, Ltd., Class A (A) | 18,500 | 19,976 | |||
Guizhou Panjiang Refined Coal Company, Ltd., Class A | 15,400 | 13,348 | |||
Guosen Securities Company, Ltd., Class A | 12,000 | 15,281 | |||
Guotai Junan Securities Company, Ltd., H Shares (B) | 9,000 | 10,555 | |||
Guoyuan Securities Company, Ltd., Class A | 20,800 | 19,820 | |||
H World Group, Ltd. (A) | 27,800 | 112,030 |
13 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Haichang Ocean Park Holdings, Ltd. (A)(B) | 98,000 | $12,740 | |||
Haier Smart Home Company, Ltd., H Shares | 42,800 | 132,564 | |||
Hainan Drinda New Energy Technology Company, Ltd., Class A | 1,600 | 22,177 | |||
Hainan Meilan International Airport Company, Ltd., H Shares (A) | 7,000 | 6,713 | |||
Hainan Poly Pharm Company, Ltd., Class A | 5,500 | 14,405 | |||
Haitian International Holdings, Ltd. | 30,000 | 64,420 | |||
Haitong Securities Company, Ltd., H Shares | 60,000 | 37,229 | |||
Hang Zhou Great Star Industrial Company, Ltd., Class A | 5,300 | 14,168 | |||
Hangcha Group Company, Ltd., Class A | 8,200 | 26,180 | |||
Hangjin Technology Company, Ltd., Class A | 2,100 | 8,929 | |||
Hangzhou First Applied Material Company, Ltd., Class A | 1,960 | 8,381 | |||
Hangzhou Lion Electronics Company, Ltd., Class A | 2,400 | 10,858 | |||
Hangzhou Oxygen Plant Group Company, Ltd., Class A | 3,300 | 13,841 | |||
Hangzhou Robam Appliances Company, Ltd., Class A | 3,800 | 14,330 | |||
Hangzhou Silan Microelectronics Company, Ltd., Class A | 2,600 | 9,031 | |||
Hangzhou Tigermed Consulting Company, Ltd., H Shares (B) | 1,600 | 8,733 | |||
Han’s Laser Technology Industry Group Company, Ltd., Class A | 1,800 | 5,515 | |||
Hansoh Pharmaceutical Group Company, Ltd. (B) | 26,000 | 33,782 | |||
Harbin Bank Company, Ltd., H Shares (A)(B) | 190,000 | 5,800 | |||
Harbin Electric Company, Ltd., H Shares | 44,000 | 13,444 | |||
Harmonicare Medical Holdings, Ltd. (A)(B)(C) | 44,000 | 6,867 | |||
HBIS Resources Company, Ltd., Class A | 11,900 | 23,748 | |||
Hebei Hengshui Laobaigan Liquor Company, Ltd., Class A | 5,400 | 17,455 | |||
Hefei Meiya Optoelectronic Technology, Inc., Class A | 4,420 | 14,215 | |||
Hello Group, Inc., ADR | 5,401 | 46,611 | |||
Henan Mingtai Al Industrial Company, Ltd., Class A | 10,900 | 20,932 | |||
Henan Shenhuo Coal & Power Company, Ltd., Class A | 4,300 | 9,359 | |||
Henan Shuanghui Investment & Development Company, Ltd., Class A | 7,600 | 28,001 | |||
Hengan International Group Company, Ltd. | 34,500 | 127,973 | |||
Hengdian Group DMEGC Magnetics Company, Ltd., Class A | 9,600 | 21,592 | |||
Hengli Petrochemical Company, Ltd., Class A (A) | 18,000 | 35,467 | |||
Hengtong Optic-electric Company, Ltd., Class A | 9,000 | 17,451 | |||
Hengyi Petrochemical Company, Ltd., Class A (A) | 12,200 | 12,839 | |||
Hesteel Company, Ltd., Class A | 67,200 | 20,828 | |||
Hisense Home Appliances Group Company, Ltd., H Shares | 19,000 | 50,146 | |||
Hithink RoyalFlush Information Network Company, Ltd., Class A | 1,100 | 25,271 | |||
Hongda Xingye Company, Ltd., Class A (A) | 25,600 | 7,269 | |||
Honghua Group, Ltd. (A) | 191,000 | 3,126 | |||
Honworld Group, Ltd. (A)(B) | 20,500 | 1,295 | |||
Hope Education Group Company, Ltd. (A)(B) | 298,000 | 19,351 | |||
HOSA International, Ltd. (A)(C) | 86,000 | 2,067 | |||
Hoyuan Green Energy Company, Ltd., Class A | 1,956 | 11,174 | |||
Hua Hong Semiconductor, Ltd. (A)(B) | 23,000 | 59,955 | |||
Huadian Power International Corp., Ltd., H Shares | 42,000 | 16,912 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 14 |
Shares | Value | ||||
China (continued) | |||||
Huadong Medicine Company, Ltd., Class A | 2,300 | $11,979 | |||
Huafon Chemical Company, Ltd., Class A | 10,200 | 9,786 | |||
Huagong Tech Company, Ltd., Class A | 6,400 | 27,518 | |||
Huaibei Mining Holdings Company, Ltd., Class A | 10,700 | 17,219 | |||
Hualan Biological Engineering, Inc., Class A | 4,900 | 14,270 | |||
Huaneng Power International, Inc., H Shares (A) | 52,000 | 25,973 | |||
Huapont Life Sciences Company, Ltd., Class A | 13,300 | 8,871 | |||
Huatai Securities Company, Ltd., H Shares (B) | 25,800 | 33,947 | |||
Huaxin Cement Company, Ltd., Class A | 6,500 | 11,757 | |||
Huaxin Cement Company, Ltd., H Shares | 8,700 | 8,175 | |||
Huayu Automotive Systems Company, Ltd., Class A | 5,700 | 14,691 | |||
Hubei Jumpcan Pharmaceutical Company, Ltd., Class A | 5,200 | 18,695 | |||
Hubei Xingfa Chemicals Group Company, Ltd., Class A | 2,700 | 7,520 | |||
Huishang Bank Corp., Ltd., H Shares | 40,200 | 12,046 | |||
Huizhou Desay Sv Automotive Company, Ltd., Class A | 1,600 | 31,927 | |||
Humanwell Healthcare Group Company, Ltd., Class A | 6,900 | 22,129 | |||
Hunan Gold Corp., Ltd., Class A | 12,000 | 18,997 | |||
Hunan Valin Steel Company, Ltd., Class A | 12,600 | 10,228 | |||
Hundsun Technologies, Inc., Class A | 2,860 | 14,125 | |||
HUYA, Inc., ADR (A) | 3,655 | 9,795 | |||
Hygeia Healthcare Holdings Company, Ltd. (B) | 8,200 | 41,502 | |||
iDreamSky Technology Holdings, Ltd. (A)(B) | 24,800 | 10,410 | |||
Iflytek Company, Ltd., Class A | 2,300 | 17,278 | |||
IKD Company, Ltd., Class A | 8,300 | 28,145 | |||
I-Mab, ADR (A) | 2,049 | 3,893 | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 1,100,000 | 504,325 | |||
Industrial Bank Company, Ltd., Class A | 30,300 | 65,747 | |||
Industrial Securities Company, Ltd., Class A | 20,410 | 17,965 | |||
Infore Environment Technology Group Company, Ltd., Class A | 31,100 | 21,023 | |||
Ingdan, Inc. (B) | 44,000 | 7,017 | |||
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A (A) | 39,800 | 9,776 | |||
Inner Mongolia Dian Tou Energy Corp., Ltd., Class A | 8,400 | 15,248 | |||
Inner Mongolia ERDOS Resources Company, Ltd., Class A | 10,780 | 12,860 | |||
Inner Mongolia Junzheng Energy & Chemical Industry Group Company, Ltd., Class A | 16,800 | 9,634 | |||
Inner Mongolia Xingye Mining Company, Ltd., Class A | 17,700 | 21,984 | |||
Inner Mongolia Yili Industrial Group Company, Ltd., Class A | 8,900 | 31,768 | |||
Inner Mongolia Yuan Xing Energy Company, Ltd., Class A | 21,800 | 21,103 | |||
Inspur Electronic Information Industry Company, Ltd., Class A | 2,600 | 13,912 | |||
Intco Medical Technology Company, Ltd., Class A | 2,280 | 6,713 | |||
iQIYI, Inc., ADR (A) | 7,664 | 38,627 | |||
JA Solar Technology Company, Ltd., Class A | 9,224 | 35,202 | |||
Jade Bird Fire Company, Ltd., Class A | 4,680 | 10,764 | |||
Jafron Biomedical Company, Ltd., Class A | 2,200 | 6,466 |
15 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Jason Furniture Hangzhou Company, Ltd., Class A | 2,730 | $15,599 | |||
JCET Group Company, Ltd., Class A | 8,300 | 37,091 | |||
JD Health International, Inc. (A)(B) | 6,050 | 32,620 | |||
JD.com, Inc., ADR | 581 | 19,295 | |||
JD.com, Inc., Class A | 23,188 | 385,109 | |||
Jiangling Motors Corp., Ltd., Class A | 8,300 | 18,632 | |||
Jiangsu Azure Corp., Class A | 7,800 | 10,328 | |||
Jiangsu Changshu Rural Commercial Bank Company, Ltd., Class A | 20,900 | 20,309 | |||
Jiangsu Eastern Shenghong Company, Ltd., Class A | 8,200 | 12,924 | |||
Jiangsu Expressway Company, Ltd., H Shares | 40,000 | 36,123 | |||
Jiangsu Guomao Reducer Company, Ltd., Class A | 7,800 | 18,541 | |||
Jiangsu Guotai International Group Company, Ltd., Class A | 17,600 | 17,696 | |||
Jiangsu Hengli Hydraulic Company, Ltd., Class A | 1,000 | 8,530 | |||
Jiangsu Hengrui Pharmaceuticals Company, Ltd., Class A | 5,400 | 30,991 | |||
Jiangsu Jiejie Microelectronics Company, Ltd., Class A | 8,500 | 20,250 | |||
Jiangsu King’s Luck Brewery JSC, Ltd., Class A | 1,400 | 11,501 | |||
Jiangsu Lihua Animal Husbandry Stock Company, Ltd., Class A | 7,020 | 17,827 | |||
Jiangsu Nhwa Pharmaceutical Company, Ltd., Class A | 2,700 | 9,788 | |||
Jiangsu Pacific Quartz Company, Ltd., Class A | 1,200 | 15,709 | |||
Jiangsu Provincial Agricultural Reclamation and Development Corp., Class A | 12,100 | 19,784 | |||
Jiangsu Shagang Company, Ltd., Class A | 31,880 | 17,360 | |||
Jiangsu Shuangxing Color Plastic New Materials Company, Ltd., Class A | 3,900 | 5,079 | |||
Jiangsu Sopo Chemical Company, Class A | 17,600 | 15,903 | |||
Jiangsu ToLand Alloy Company, Ltd., Class A | 4,160 | 20,054 | |||
Jiangsu Yanghe Brewery Joint-Stock Company, Ltd., Class A | 1,560 | 28,691 | |||
Jiangsu Yangnong Chemical Company, Ltd., Class A | 780 | 6,835 | |||
Jiangsu Yuyue Medical Equipment & Supply Company, Ltd., Class A | 3,800 | 17,639 | |||
Jiangsu Zhangjiagang Rural Commercial Bank Company, Ltd., Class A | 31,000 | 18,418 | |||
Jiangsu Zhongtian Technology Company, Ltd., Class A | 9,800 | 19,587 | |||
Jiangxi Copper Company, Ltd., H Shares | 31,000 | 48,283 | |||
Jiangzhong Pharmaceutical Company, Ltd., Class A | 9,900 | 25,318 | |||
Jilin Electric Power Company Ltd., Class A (A) | 11,800 | 8,104 | |||
Jingjin Equipment, Inc., Class A | 3,220 | 12,151 | |||
Jingrui Holdings, Ltd. (A) | 40,000 | 268 | |||
Jinke Smart Services Group Company, Ltd., H Shares (A) | 11,200 | 14,710 | |||
JinkoSolar Holding Company, Ltd., ADR (A) | 1,682 | 56,397 | |||
Jinmao Property Services Company, Ltd. | 4,350 | 1,218 | |||
JiuGui Liquor Company, Ltd., Class A | 600 | 7,371 | |||
Jiumaojiu International Holdings, Ltd. (B) | 41,000 | 65,760 | |||
Jizhong Energy Resources Company, Ltd., Class A | 11,400 | 9,530 | |||
JNBY Design, Ltd. | 10,500 | 10,815 | |||
Joincare Pharmaceutical Group Industry Company, Ltd., Class A | 10,800 | 16,907 | |||
Joinn Laboratories China Company, Ltd., Class A | 2,744 | 9,042 | |||
Jointown Pharmaceutical Group Company, Ltd., Class A | 6,854 | 9,708 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 16 |
Shares | Value | ||||
China (continued) | |||||
Jonjee Hi-Tech Industrial And Commercial Holding Company, Ltd., Class A (A) | 4,400 | $20,381 | |||
Joyoung Company Ltd., Class A | 7,900 | 15,062 | |||
Juewei Food Company, Ltd., Class A | 2,000 | 9,787 | |||
Kangji Medical Holdings, Ltd. | 12,000 | 10,579 | |||
Kasen International Holdings, Ltd. (A) | 50,000 | 1,963 | |||
Kehua Data Company, Ltd., Class A | 3,700 | 16,167 | |||
Keshun Waterproof Technologies Company, Ltd., Class A | 14,160 | 14,992 | |||
Kingsoft Corp., Ltd. | 13,800 | 55,006 | |||
KPC Pharmaceuticals, Inc., Class A | 12,300 | 26,752 | |||
Kunlun Tech Company, Ltd., Class A (A) | 3,800 | 18,812 | |||
Kunshan Dongwei Technology Company, Ltd., Class A | 2,017 | 17,325 | |||
Kunshan Kinglai Hygienic Materials Company, Ltd., Class A | 4,140 | 17,172 | |||
Kweichow Moutai Company, Ltd., Class A | 1,200 | 304,520 | |||
KWG Group Holdings, Ltd. (A) | 74,012 | 8,574 | |||
KWG Living Group Holdings, Ltd. (A) | 58,006 | 5,995 | |||
Lakala Payment Company, Ltd., Class A (A) | 3,500 | 8,965 | |||
Laobaixing Pharmacy Chain JSC, Class A | 4,030 | 14,179 | |||
LB Group Company, Ltd., Class A | 7,298 | 18,146 | |||
Legend Holdings Corp., H Shares (B) | 31,600 | 28,247 | |||
Lemtech Holdings Company, Ltd. | 5,000 | 12,943 | |||
Lenovo Group, Ltd. | 276,000 | 311,970 | |||
Lens Technology Company, Ltd., Class A | 15,000 | 25,289 | |||
Lepu Medical Technology Beijing Company, Ltd., Class A | 3,100 | 6,885 | |||
Leyard Optoelectronic Company, Ltd., Class A | 18,500 | 15,953 | |||
Li Auto, Inc., Class A (A) | 3,500 | 72,869 | |||
Li Ning Company, Ltd. | 58,000 | 274,126 | |||
Lianhe Chemical Technology Company, Ltd., Class A | 9,600 | 11,291 | |||
Lier Chemical Company, Ltd., Class A | 11,400 | 20,108 | |||
Lifetech Scientific Corp. (A) | 100,000 | 31,092 | |||
Lingyi iTech Guangdong Company, Class A | 20,100 | 16,556 | |||
Link Motion, Inc., ADR (A)(C) | 6,959 | 964 | |||
Livzon Pharmaceutical Group, Inc., H Shares | 6,300 | 19,998 | |||
Longfor Group Holdings, Ltd. (B) | 84,000 | 177,291 | |||
LONGi Green Energy Technology Company, Ltd., Class A | 10,360 | 37,799 | |||
Longshine Technology Group Company, Ltd., Class A | 6,000 | 17,839 | |||
Lonking Holdings, Ltd. | 122,000 | 21,755 | |||
Luenmei Quantum Company, Ltd., Class A | 19,700 | 17,698 | |||
Luoniushan Company, Ltd., Class A | 20,700 | 17,119 | |||
Luxi Chemical Group Company, Ltd., Class A | 6,100 | 8,502 | |||
Luxshare Precision Industry Company, Ltd., Class A | 7,700 | 34,824 | |||
Luye Pharma Group, Ltd. (A)(B) | 57,000 | 20,931 | |||
Luzhou Laojiao Company, Ltd., Class A | 1,300 | 41,445 | |||
Maanshan Iron & Steel Company, Ltd., H Shares | 54,000 | 9,216 | |||
Maccura Biotechnology Company, Ltd., Class A | 6,800 | 13,557 |
17 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Mango Excellent Media Company, Ltd., Class A | 4,800 | $19,462 | |||
Maoyan Entertainment (A)(B) | 9,000 | 12,335 | |||
Maxscend Microelectronics Company, Ltd., Class A | 621 | 10,560 | |||
Mayinglong Pharmaceutical Group Company, Ltd., Class A | 6,300 | 19,063 | |||
Meitu, Inc. (A)(B) | 105,500 | 40,530 | |||
Meituan, Class B (A)(B) | 7,430 | 122,960 | |||
Metallurgical Corp. of China, Ltd., H Shares | 93,000 | 20,271 | |||
Midea Group Company, Ltd., Class A | 9,900 | 76,754 | |||
Midea Real Estate Holding, Ltd. (B) | 25,200 | 23,649 | |||
Milkyway Chemical Supply Chain Service Company, Ltd., Class A | 1,500 | 16,915 | |||
Ming Yang Smart Energy Group, Ltd., Class A | 5,300 | 10,849 | |||
MINISO Group Holding, Ltd. (A) | 7,200 | 46,830 | |||
Minth Group, Ltd. | 34,000 | 100,931 | |||
MLS Company, Ltd., Class A | 9,400 | 11,455 | |||
Muyuan Foods Company, Ltd., Class A | 12,509 | 69,582 | |||
Nanjing Hanrui Cobalt Company, Ltd., Class A | 3,767 | 16,178 | |||
Nanjing Iron & Steel Company, Ltd., Class A | 35,100 | 17,607 | |||
Nanjing King-Friend Biochemical Pharmaceutical Company, Ltd., Class A | 6,890 | 11,188 | |||
Nanjing Yunhai Special Metals Company, Ltd., Class A | 6,100 | 16,455 | |||
NARI Technology Company, Ltd., Class A | 7,344 | 23,971 | |||
NAURA Technology Group Company, Ltd., Class A | 400 | 14,885 | |||
NetDragon Websoft Holdings, Ltd. | 14,000 | 27,135 | |||
NetEase, Inc. | 40,400 | 836,986 | |||
New China Life Insurance Company, Ltd., H Shares | 20,800 | 52,036 | |||
New Hope Liuhe Company, Ltd., Class A (A) | 12,100 | 19,360 | |||
Newland Digital Technology Company, Ltd., Class A | 10,900 | 29,808 | |||
Ninestar Corp., Class A | 2,900 | 11,129 | |||
Ningbo Huaxiang Electronic Company, Ltd., Class A | 8,300 | 16,776 | |||
Ningbo Joyson Electronic Corp., Class A | 7,800 | 19,624 | |||
Ningbo Orient Wires & Cables Company, Ltd., Class A | 2,000 | 10,147 | |||
Ningbo Ronbay New Energy Technology Company, Ltd., Class A | 774 | 5,411 | |||
Ningbo Tuopu Group Company, Ltd., Class A | 2,200 | 23,540 | |||
Ningbo Zhoushan Port Company, Ltd., Class A | 44,100 | 20,457 | |||
Ningxia Baofeng Energy Group Company, Ltd., Class A | 17,400 | 32,743 | |||
NIO, Inc., Class A (A) | 4,440 | 46,015 | |||
Noah Holdings, Ltd., ADR | 1,009 | 14,035 | |||
North Huajin Chemical Industries Company, Ltd., Class A | 21,100 | 16,557 | |||
Northeast Securities Company, Ltd., Class A | 21,275 | 22,993 | |||
NVC International Holdings, Ltd. (A) | 168,000 | 1,761 | |||
Oppein Home Group, Inc., Class A | 600 | 8,061 | |||
Opple Lighting Company, Ltd., Class A | 5,700 | 16,778 | |||
ORG Technology Company, Ltd., Class A | 28,627 | 18,652 | |||
Orient Securities Company, Ltd., H Shares (B) | 29,200 | 16,204 | |||
Oriental Energy Company, Ltd., Class A (A) | 12,700 | 18,260 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 18 |
Shares | Value | ||||
China (continued) | |||||
Ovctek China, Inc., Class A | 900 | $3,255 | |||
Pangang Group Vanadium Titanium & Resources Company, Ltd., Class A (A) | 20,000 | 10,290 | |||
Pengdu Agriculture & Animal Husbandry Company, Ltd., Class A (A) | 39,200 | 9,230 | |||
PetroChina Company, Ltd., H Shares | 686,000 | 494,857 | |||
Pharmaron Beijing Company, Ltd., H Shares (B) | 9,750 | 22,734 | |||
PhiChem Corp., Class A | 7,000 | 15,411 | |||
PICC Property & Casualty Company, Ltd., H Shares | 172,894 | 198,821 | |||
Ping An Bank Company, Ltd., Class A | 29,400 | 44,885 | |||
Ping An Healthcare and Technology Company, Ltd. (A)(B) | 16,700 | 41,685 | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 115,000 | 688,522 | |||
Pingdingshan Tianan Coal Mining Company, Ltd., Class A | 9,400 | 11,002 | |||
Poly Developments and Holdings Group Company, Ltd., Class A | 10,800 | 20,761 | |||
Poly Property Services Company, Ltd., H Shares | 7,000 | 32,493 | |||
Pop Mart International Group, Ltd. (B) | 16,400 | 53,342 | |||
Postal Savings Bank of China Company, Ltd., H Shares (B) | 164,000 | 80,890 | |||
Power Construction Corp. of China, Ltd., Class A | 17,500 | 12,364 | |||
Pylon Technologies Company, Ltd., Class A | 1,006 | 19,082 | |||
Q Technology Group Company, Ltd. (A) | 42,000 | 15,605 | |||
Qifu Technology, Inc., ADR | 4,780 | 81,260 | |||
Qingdao Haier Biomedical Company, Ltd., Class A | 1,837 | 10,199 | |||
Qingdao Sentury Tire Company, Ltd., Class A (A) | 4,300 | 19,442 | |||
Qinghai Salt Lake Industry Company, Ltd., Class A (A) | 8,600 | 21,101 | |||
Qingling Motors Company, Ltd., H Shares (A) | 34,000 | 3,073 | |||
Qinhuangdao Port Company, Ltd., H Shares | 85,000 | 14,095 | |||
Quectel Wireless Solutions Company, Ltd., Class A | 1,386 | 8,977 | |||
Qunxing Paper Holdings Company, Ltd. (A)(C) | 969,268 | 0 | |||
Rainbow Digital Commercial Company, Ltd., Class A | 22,700 | 17,818 | |||
Red Star Macalline Group Corp., Ltd., H Shares (B) | 15,268 | 5,288 | |||
Redco Properties Group, Ltd. (A)(B)(C) | 46,000 | 5,071 | |||
Rianlon Corp., Class A | 3,200 | 15,230 | |||
Rongsheng Petrochemical Company, Ltd., Class A | 17,000 | 28,105 | |||
Roshow Technology Company, Ltd., Class A (A) | 17,700 | 16,344 | |||
SAIC Motor Corp., Ltd., Class A | 6,500 | 12,818 | |||
Sailun Group Company, Ltd., Class A | 9,200 | 15,598 | |||
Sanquan Food Company, Ltd., Class A | 7,100 | 14,323 | |||
Sansteel Minguang Company, Ltd., Class A | 23,000 | 15,015 | |||
Sansure Biotech, Inc., Class A | 3,253 | 7,541 | |||
Sany Heavy Equipment International Holdings Company, Ltd. | 39,000 | 60,769 | |||
Sany Heavy Industry Company, Ltd., Class A | 11,800 | 25,098 | |||
Satellite Chemical Company, Ltd., Class A | 9,402 | 19,718 | |||
Seazen Group, Ltd. (A) | 134,095 | 26,154 | |||
Seazen Holdings Company, Ltd., Class A (A) | 5,600 | 11,183 | |||
S-Enjoy Service Group Company, Ltd. (A) | 12,000 | 6,706 | |||
SF Holding Company, Ltd., Class A | 7,500 | 44,714 |
19 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
SG Micro Corp., Class A | 390 | $4,138 | |||
Shaanxi Coal Industry Company, Ltd., Class A | 20,400 | 46,560 | |||
Shan Xi Hua Yang Group New Energy Company, Ltd., Class A | 16,050 | 16,642 | |||
Shandong Bohui Paper Industrial Company, Ltd., Class A | 20,300 | 17,831 | |||
Shandong Buchang Pharmaceuticals Company, Ltd., Class A | 6,700 | 16,095 | |||
Shandong Chenming Paper Holdings, Ltd., H Shares (A) | 19,376 | 5,583 | |||
Shandong Dongyue Organosilicon Material Company, Ltd., Class A | 11,900 | 15,681 | |||
Shandong Gold Mining Company, Ltd., H Shares (B) | 11,250 | 22,654 | |||
Shandong Head Group Company, Ltd., Class A | 4,500 | 10,586 | |||
Shandong Hi-Speed Road & Bridge Company, Ltd., Class A | 20,400 | 18,603 | |||
Shandong Hualu Hengsheng Chemical Company, Ltd., Class A | 3,800 | 17,244 | |||
Shandong Humon Smelting Company, Ltd., Class A (A) | 12,100 | 19,309 | |||
Shandong Jincheng Pharmaceutical Group Company, Ltd., Class A | 6,400 | 16,277 | |||
Shandong Linglong Tyre Company, Ltd., Class A | 2,000 | 5,971 | |||
Shandong Molong Petroleum Machinery Company, Ltd., H Shares (A) | 10,800 | 3,209 | |||
Shandong Nanshan Aluminum Company, Ltd., Class A | 40,700 | 17,407 | |||
Shandong Pharmaceutical Glass Company, Ltd., Class A | 3,900 | 14,123 | |||
Shandong Sun Paper Industry JSC, Ltd., Class A | 12,200 | 19,179 | |||
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares | 118,000 | 117,491 | |||
Shanghai AtHub Company, Ltd., Class A | 7,840 | 24,562 | |||
Shanghai Bailian Group Company, Ltd., Class A | 10,200 | 16,426 | |||
Shanghai Bairun Investment Holding Group Company, Ltd., Class A | 3,080 | 13,547 | |||
Shanghai Baolong Automotive Corp., Class A | 2,500 | 19,607 | |||
Shanghai Baosight Software Company, Ltd., Class A | 1,560 | 10,269 | |||
Shanghai Construction Group Company, Ltd., Class A | 37,800 | 14,525 | |||
Shanghai Electric Group Company, Ltd., H Shares (A) | 92,000 | 20,648 | |||
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares | 7,000 | 16,434 | |||
Shanghai Fudan Microelectronics Group Company, Ltd., H Shares | 12,000 | 28,724 | |||
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Company, Ltd., H Shares | 28,000 | 8,937 | |||
Shanghai Fullhan Microelectronics Company, Ltd., Class A | 3,100 | 20,998 | |||
Shanghai Haohai Biological Technology Company, Ltd., H Shares (B) | 1,700 | 9,594 | |||
Shanghai International Port Group Company, Ltd., Class A | 24,100 | 16,872 | |||
Shanghai Jahwa United Company, Ltd., Class A | 3,300 | 11,941 | |||
Shanghai Jinjiang International Hotels Company, Ltd., Class A | 3,000 | 15,896 | |||
Shanghai Kindly Medical Instruments Company, Ltd., H Shares | 3,800 | 13,547 | |||
Shanghai Liangxin Electrical Company, Ltd., Class A | 9,200 | 14,213 | |||
Shanghai M&G Stationery, Inc., Class A | 1,400 | 7,232 | |||
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares | 21,400 | 35,185 | |||
Shanghai Pudong Development Bank Company, Ltd., Class A | 34,500 | 33,058 | |||
Shanghai Putailai New Energy Technology Company, Ltd., Class A | 6,710 | 30,124 | |||
Shanghai RAAS Blood Products Company, Ltd., Class A | 25,700 | 25,088 | |||
Shanghai Rural Commercial Bank Company, Ltd., Class A | 26,400 | 21,083 | |||
Shanghai Waigaoqiao Free Trade Zone Group Company, Ltd., Class A | 11,700 | 18,847 | |||
Shanghai Wanye Enterprises Company, Ltd., Class A | 5,400 | 11,756 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 20 |
Shares | Value | ||||
China (continued) | |||||
Shanghai Yuyuan Tourist Mart Group Company, Ltd., Class A | 13,300 | $13,422 | |||
Shanghai Zhangjiang High-Tech Park Development Company, Ltd., Class A | 12,556 | 28,709 | |||
Shanxi Blue Flame Holding Company, Ltd., Class A | 18,500 | 18,691 | |||
Shanxi Coking Coal Energy Group Company, Ltd., Class A | 19,800 | 22,608 | |||
Shanxi Coking Company, Ltd., Class A | 26,400 | 18,059 | |||
Shanxi Lu’an Environmental Energy Development Company, Ltd., Class A | 10,400 | 23,223 | |||
Shanxi Meijin Energy Company, Ltd., Class A (A) | 11,100 | 10,904 | |||
Shanxi Taigang Stainless Steel Company, Ltd., Class A | 18,300 | 9,892 | |||
Shanxi Xinghuacun Fen Wine Factory Company, Ltd., Class A | 1,500 | 49,830 | |||
Shenghe Resources Holding Company, Ltd., Class A | 10,400 | 15,768 | |||
Shengyi Technology Company, Ltd., Class A | 6,200 | 12,599 | |||
Shennan Circuits Company, Ltd., Class A | 1,800 | 16,337 | |||
Shenzhen Airport Company, Ltd., Class A (A) | 20,000 | 18,648 | |||
Shenzhen Aisidi Company, Ltd., Class A | 16,700 | 16,475 | |||
Shenzhen Capchem Technology Company, Ltd., Class A | 3,200 | 21,073 | |||
Shenzhen Desay Battery Technology Company, Class A | 3,400 | 14,405 | |||
Shenzhen Dynanonic Company, Ltd., Class A | 576 | 7,420 | |||
Shenzhen Energy Group Company, Ltd., Class A | 25,100 | 22,307 | |||
Shenzhen Everwin Precision Technology Company, Ltd., Class A (A) | 6,800 | 9,502 | |||
Shenzhen Expressway Corp., Ltd., H Shares | 20,000 | 16,156 | |||
Shenzhen Gas Corp., Ltd., Class A | 18,500 | 17,727 | |||
Shenzhen H&T Intelligent Control Company, Ltd., Class A | 8,000 | 15,892 | |||
Shenzhen Hepalink Pharmaceutical Group Company, Ltd., H Shares (B) | 14,000 | 7,323 | |||
Shenzhen Huaqiang Industry Company, Ltd., Class A | 12,100 | 18,299 | |||
Shenzhen Inovance Technology Company, Ltd., Class A | 3,100 | 29,057 | |||
Shenzhen Jinjia Group Company, Ltd., Class A | 15,600 | 12,759 | |||
Shenzhen Kaifa Technology Company, Ltd., Class A | 9,800 | 23,963 | |||
Shenzhen Kangtai Biological Products Company, Ltd., Class A | 2,720 | 10,386 | |||
Shenzhen Kedali Industry Company, Ltd., Class A | 1,800 | 28,695 | |||
Shenzhen Kingkey Smart Agriculture Times Company, Ltd., Class A | 3,900 | 10,089 | |||
Shenzhen Megmeet Electrical Company, Ltd., Class A | 5,100 | 22,233 | |||
Shenzhen Mindray Bio-Medical Electronics Company, Ltd., Class A | 1,200 | 44,489 | |||
Shenzhen MTC Company, Ltd., Class A | 35,500 | 25,346 | |||
Shenzhen New Industries Biomedical Engineering Company, Ltd., Class A | 3,000 | 25,025 | |||
Shenzhen Overseas Chinese Town Company, Ltd., Class A (A) | 19,500 | 11,656 | |||
Shenzhen Salubris Pharmaceuticals Company, Ltd., Class A | 5,100 | 19,334 | |||
Shenzhen SC New Energy Technology Corp., Class A | 1,400 | 17,014 | |||
Shenzhen Senior Technology Material Company, Ltd., Class A | 6,400 | 12,334 | |||
Shenzhen Sunlord Electronics Company, Ltd., Class A | 5,400 | 19,831 | |||
Shenzhen Sunway Communication Company, Ltd., Class A | 9,500 | 22,545 | |||
Shenzhen Tagen Group Company, Ltd., Class A | 22,300 | 19,949 | |||
Shenzhen Topband Company, Ltd., Class A | 13,300 | 19,608 | |||
Shenzhen Transsion Holdings Company, Ltd., Class A | 1,025 | 20,654 | |||
Shenzhen Woer Heat-Shrinkable Material Company, Ltd., Class A | 17,500 | 16,725 |
21 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Shenzhen Zhongjin Lingnan Nonfemet Company, Ltd., Class A | 35,900 | $24,495 | |||
Shenzhou International Group Holdings, Ltd. | 10,000 | 102,464 | |||
Shijiazhuang Yiling Pharmaceutical Company, Ltd., Class A | 7,800 | 24,899 | |||
Shinghwa Advanced Material Group Company, Ltd., Class A | 800 | 5,475 | |||
Shui On Land, Ltd. | 244,567 | 23,704 | |||
Sichuan Development Lomon Company, Ltd., Class A | 12,800 | 13,287 | |||
Sichuan Hebang Biotechnology Company, Ltd., Class A | 30,000 | 9,837 | |||
Sichuan Kelun Pharmaceutical Company, Ltd., Class A | 7,800 | 28,998 | |||
Sichuan Road and Bridge Group Company, Ltd., Class A | 16,660 | 20,336 | |||
Sichuan Swellfun Company, Ltd., Class A | 1,200 | 10,907 | |||
Sichuan Teway Food Group Company, Ltd., Class A | 6,500 | 11,736 | |||
Sichuan Yahua Industrial Group Company, Ltd., Class A | 7,600 | 16,334 | |||
Sieyuan Electric Company, Ltd., Class A | 4,200 | 29,472 | |||
Sihuan Pharmaceutical Holdings Group, Ltd. | 164,000 | 13,394 | |||
Silergy Corp. | 6,000 | 53,640 | |||
Simcere Pharmaceutical Group, Ltd. (B) | 17,000 | 13,251 | |||
Sino Wealth Electronic, Ltd., Class A | 3,200 | 11,430 | |||
Sinocare, Inc., Class A | 5,500 | 18,596 | |||
Sinofibers Technology Company, Ltd., Class A | 2,900 | 15,507 | |||
Sinoma International Engineering Company, Class A | 18,000 | 29,032 | |||
Sinoma Science & Technology Company, Ltd., Class A | 2,600 | 7,819 | |||
Sinomine Resource Group Company, Ltd., Class A | 2,520 | 12,860 | |||
Sino-Ocean Group Holding, Ltd. (A) | 182,681 | 8,497 | |||
Sino-Ocean Service Holding, Ltd. (B) | 29,500 | 3,691 | |||
Sinopec Engineering Group Company, Ltd., H Shares | 82,500 | 38,180 | |||
Sinopec Oilfield Service Corp., H Shares (A) | 174,000 | 13,302 | |||
Sinopec Shanghai Petrochemical Company, Ltd., H Shares (A) | 188,000 | 26,377 | |||
Sinopharm Group Company, Ltd., H Shares | 52,000 | 150,900 | |||
Sinosoft Company, Ltd., Class A | 3,500 | 17,174 | |||
Sinotrans, Ltd., H Shares | 114,574 | 46,456 | |||
Sinotruk Hong Kong, Ltd. | 34,055 | 63,199 | |||
Sinotruk Jinan Truck Company, Ltd., Class A | 8,500 | 18,003 | |||
Skshu Paint Company, Ltd., Class A (A) | 1,540 | 15,943 | |||
Smoore International Holdings, Ltd. (B) | 43,000 | 43,442 | |||
SOHO China, Ltd. (A) | 109,500 | 12,706 | |||
Songcheng Performance Development Company, Ltd., Class A | 9,900 | 16,860 | |||
SooChow Securities Company, Ltd., Class A | 9,900 | 11,116 | |||
Southwest Securities Company, Ltd., Class A | 37,000 | 21,433 | |||
Sun King Technology Group, Ltd. (A) | 54,000 | 10,938 | |||
Sunflower Pharmaceutical Group Company, Ltd., Class A | 9,100 | 29,575 | |||
Sungrow Power Supply Company, Ltd., Class A | 1,600 | 21,895 | |||
Suning.com Company, Ltd., Class A (A) | 30,200 | 8,108 | |||
Sunny Optical Technology Group Company, Ltd. | 17,700 | 144,524 | |||
Sunresin New Materials Company, Ltd., Class A | 3,150 | 26,265 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 22 |
Shares | Value | ||||
China (continued) | |||||
Sunwoda Electronic Company, Ltd., Class A | 2,800 | $6,082 | |||
Suplet Power Company, Ltd., Class A | 5,070 | 12,644 | |||
Suzhou Dongshan Precision Manufacturing Company, Ltd., Class A | 6,400 | 16,489 | |||
SY Holdings Group, Ltd. | 14,500 | 9,245 | |||
Taiji Computer Corp., Ltd., Class A | 1,000 | 5,050 | |||
Tangshan Jidong Cement Company, Ltd., Class A | 15,300 | 15,911 | |||
TangShan Port Group Company, Ltd., Class A | 56,300 | 25,864 | |||
Tangshan Sanyou Chemical Industries Company, Ltd., Class A | 8,800 | 7,006 | |||
Tayho Advanced Materials Group Company, Ltd., Class A | 8,300 | 22,063 | |||
TBEA Company, Ltd., Class A | 17,030 | 34,347 | |||
TCL Technology Group Corp., Class A (A) | 56,650 | 31,834 | |||
TCL Zhonghuan Renewable Energy Technology Company, Ltd., Class A | 5,000 | 17,563 | |||
Tech-Bank Food Company, Ltd., Class A (A) | 23,600 | 14,467 | |||
Telling Telecommunication Holding Company, Ltd., Class A | 13,500 | 15,587 | |||
Tencent Holdings, Ltd. | 122,300 | 5,068,157 | |||
Tencent Music Entertainment Group, ADR (A) | 11,162 | 76,125 | |||
Tenwow International Holdings, Ltd. (A)(C) | 177,000 | 6,432 | |||
The People’s Insurance Company Group of China, Ltd., H Shares | 73,000 | 24,848 | |||
Three’s Company Media Group Company, Ltd., Class A | 1,450 | 15,231 | |||
Tian Di Science & Technology Company, Ltd., Class A | 31,500 | 22,717 | |||
Tian Lun Gas Holdings, Ltd. | 15,000 | 7,719 | |||
Tian Shan Development Holding, Ltd. (A)(C) | 32,000 | 7,235 | |||
Tiande Chemical Holdings, Ltd. | 48,000 | 8,561 | |||
Tiangong International Company, Ltd. | 50,000 | 16,893 | |||
Tianjin 712 Communication & Broadcasting Company, Ltd., Class A | 4,300 | 15,703 | |||
Tianjin Capital Environmental Protection Group Company, Ltd., H Shares | 16,000 | 5,445 | |||
Tianma Microelectronics Company, Ltd., Class A (A) | 11,000 | 12,973 | |||
Tianneng Power International, Ltd. | 36,700 | 39,096 | |||
Tianshui Huatian Technology Company, Ltd., Class A | 20,000 | 24,642 | |||
Tibet Rhodiola Pharmaceutical Holding Company, Class A | 4,000 | 27,568 | |||
Tibet Summit Resources Company, Ltd., Class A (A) | 3,100 | 6,158 | |||
Tingyi Cayman Islands Holding Corp. | 58,000 | 85,161 | |||
Titan Wind Energy Suzhou Company, Ltd., Class A (A) | 5,000 | 8,908 | |||
Tofflon Science & Technology Group Company, Ltd., Class A | 6,100 | 16,474 | |||
Toly Bread Company, Ltd., Class A | 8,232 | 9,857 | |||
Tong Ren Tang Technologies Company, Ltd., H Shares | 19,000 | 15,217 | |||
Tongcheng Travel Holdings, Ltd. (A) | 21,600 | 48,407 | |||
Tongdao Liepin Group (A) | 4,400 | 4,212 | |||
TongFu Microelectronics Company, Ltd., Class A | 7,600 | 21,237 | |||
Tongkun Group Company, Ltd., Class A (A) | 6,000 | 12,202 | |||
Tongling Nonferrous Metals Group Company, Ltd., Class A | 29,300 | 12,860 | |||
Tongwei Company, Ltd., Class A | 7,900 | 34,756 | |||
Topchoice Medical Corp., Class A (A) | 600 | 7,672 | |||
Topsports International Holdings, Ltd. (B) | 68,000 | 55,377 |
23 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Transfar Zhilian Company, Ltd., Class A | 12,300 | $8,686 | |||
TravelSky Technology, Ltd., H Shares | 13,500 | 24,171 | |||
Trigiant Group, Ltd. (A) | 82,000 | 5,175 | |||
Trina Solar Company, Ltd., Class A | 2,106 | 9,833 | |||
Trip.com Group, Ltd., ADR (A) | 5,891 | 231,575 | |||
Triumph New Energy Company, Ltd., H Shares (A) | 12,000 | 8,025 | |||
Truking Technology, Ltd., Class A | 9,200 | 15,699 | |||
Tsaker New Energy Tech Company, Ltd. (B) | 22,500 | 3,294 | |||
Tsingtao Brewery Company, Ltd., H Shares | 8,000 | 66,525 | |||
Tuniu Corp., ADR (A) | 1,300 | 1,677 | |||
Unigroup Guoxin Microelectronics Company, Ltd., Class A (A) | 1,759 | 22,349 | |||
Uni-President China Holdings, Ltd. | 71,600 | 52,947 | |||
Unisplendour Corp., Ltd., Class A (A) | 6,100 | 22,527 | |||
United Strength Power Holdings, Ltd. (A) | 11,000 | 7,300 | |||
Universal Scientific Industrial Shanghai Company, Ltd., Class A | 9,300 | 18,824 | |||
Valiant Company, Ltd., Class A | 11,400 | 27,520 | |||
Vats Liquor Chain Store Management JSC, Ltd., Class A | 3,800 | 10,971 | |||
Venus MedTech Hangzhou, Inc., H Shares (A)(B) | 6,000 | 4,281 | |||
Victory Giant Technology Huizhou Company, Ltd., Class A | 8,100 | 24,416 | |||
Vipshop Holdings, Ltd., ADR (A) | 8,708 | 137,499 | |||
Viva Biotech Holdings (A)(B) | 93,000 | 17,296 | |||
VNET Group, Inc., ADR (A) | 1,200 | 4,500 | |||
Walvax Biotechnology Company, Ltd., Class A | 1,900 | 6,156 | |||
Wangneng Environment Company, Ltd., Class A | 8,000 | 17,316 | |||
Wanguo International Mining Group, Ltd. | 42,000 | 16,217 | |||
Wanhua Chemical Group Company, Ltd., Class A | 4,800 | 61,750 | |||
Wanxiang Qianchao Company, Ltd., Class A | 26,200 | 18,966 | |||
Weibo Corp., ADR | 2,088 | 26,935 | |||
Weibo Corp., Class A | 1,420 | 18,469 | |||
Weichai Power Company, Ltd., H Shares | 32,600 | 42,231 | |||
Weihai Guangwei Composites Company, Ltd., Class A | 5,600 | 21,490 | |||
Weiqiao Textile Company, H Shares (A) | 12,500 | 1,783 | |||
Wens Foodstuffs Group Company, Ltd., Class A | 14,300 | 32,663 | |||
West China Cement, Ltd. | 162,000 | 16,097 | |||
Will Semiconductor Company, Ltd., Class A | 1,755 | 22,172 | |||
Wingtech Technology Company, Ltd., Class A (A) | 1,300 | 8,225 | |||
Wolong Electric Group Company, Ltd., Class A | 11,800 | 19,752 | |||
Wuchan Zhongda Group Company, Ltd., Class A | 20,600 | 13,143 | |||
Wuhan DR Laser Technology Corp., Ltd., Class A | 1,536 | 10,628 | |||
Wuhan Guide Infrared Company, Ltd., Class A | 11,284 | 11,923 | |||
Wuhu Token Science Company, Ltd., Class A | 16,200 | 13,057 | |||
Wuliangye Yibin Company, Ltd., Class A | 6,000 | 128,321 | |||
WUS Printed Circuit Kunshan Company, Ltd., Class A | 12,100 | 35,013 | |||
WuXi AppTec Company, Ltd., H Shares (B) | 7,740 | 84,817 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 24 |
Shares | Value | ||||
China (continued) | |||||
WuXi Biologics Cayman, Inc. (A)(B) | 42,000 | $236,779 | |||
Wuxi Taiji Industry Company, Ltd., Class A (A) | 8,400 | 7,860 | |||
XCMG Construction Machinery Company, Ltd., Class A | 18,900 | 15,692 | |||
Xiabuxiabu Catering Management China Holdings Company, Ltd. (B) | 26,500 | 12,807 | |||
Xiamen Bank Company, Ltd., Class A | 25,600 | 18,790 | |||
Xiamen Faratronic Company, Ltd., Class A | 700 | 10,905 | |||
Xiamen Intretech, Inc., Class A | 4,300 | 10,581 | |||
Xiamen ITG Group Corp., Ltd., Class A | 19,400 | 19,475 | |||
Xiamen Kingdomway Group Company, Class A | 4,500 | 10,992 | |||
Xiamen Tungsten Company, Ltd., Class A | 5,100 | 12,136 | |||
Xiamen Xiangyu Company, Ltd., Class A | 16,000 | 15,362 | |||
Xi’an Triangle Defense Company, Ltd., Class A | 3,000 | 12,405 | |||
Xiaomi Corp., Class B (A)(B) | 177,800 | 280,287 | |||
Xilinmen Furniture Company Ltd., Class A | 4,200 | 11,882 | |||
Xinfengming Group Company, Ltd., Class A (A) | 9,300 | 16,185 | |||
Xingda International Holdings, Ltd. | 41,066 | 7,642 | |||
Xinhua Winshare Publishing and Media Company, Ltd., H Shares | 22,650 | 16,927 | |||
Xinjiang Tianshan Cement Company, Ltd., Class A | 15,100 | 15,962 | |||
Xinjiang Xinxin Mining Industry Company, Ltd., H Shares | 65,000 | 7,612 | |||
Xinte Energy Company, Ltd., H Shares (A) | 20,800 | 36,773 | |||
Xinxing Ductile Iron Pipes Company, Ltd., Class A | 28,300 | 15,550 | |||
Xinyi Energy Holdings, Ltd. | 78,757 | 17,179 | |||
Xinyi Solar Holdings, Ltd. | 98,127 | 81,877 | |||
Xinyu Iron & Steel Company, Ltd., Class A | 22,200 | 12,516 | |||
XPeng, Inc., A Shares (A) | 5,200 | 46,735 | |||
Xtep International Holdings, Ltd. | 63,804 | 63,117 | |||
Yadea Group Holdings, Ltd. (B) | 28,000 | 53,834 | |||
Yangtze Optical Fibre and Cable Joint Stock Company, Ltd., H Shares (B) | 10,500 | 14,659 | |||
Yangzhou Yangjie Electronic Technology Company, Ltd., Class A | 3,000 | 14,684 | |||
Yankershop Food Company Ltd., Class A | 2,100 | 21,954 | |||
Yankuang Energy Group Company, Ltd., H Shares | 78,000 | 122,451 | |||
Yantai Eddie Precision Machinery Company, Ltd., Class A | 2,100 | 5,221 | |||
Yantai Jereh Oilfield Services Group Company, Ltd., Class A | 3,400 | 13,329 | |||
Yantai Zhenghai Magnetic Material Company, Ltd., Class A | 8,500 | 13,590 | |||
Yealink Network Technology Corp., Ltd., Class A | 1,400 | 7,108 | |||
YiChang HEC ChangJiang Pharmaceutical Company, Ltd., H Shares (A)(B) | 27,600 | 22,333 | |||
Yifan Pharmaceutical Company, Ltd., Class A (A) | 11,500 | 20,704 | |||
Yifeng Pharmacy Chain Company, Ltd., Class A | 3,780 | 18,448 | |||
Yihai International Holding, Ltd. (A) | 20,000 | 37,481 | |||
Yintai Gold Company, Ltd., Class A | 15,400 | 30,247 | |||
Yiren Digital, Ltd., ADR (A) | 1,046 | 2,814 | |||
Yixintang Pharmaceutical Group Company, Ltd., Class A | 4,100 | 12,768 | |||
Yonfer Agricultural Technology Company, Ltd., Class A | 7,600 | 11,352 | |||
YongXing Special Materials Technology Company, Ltd., Class A | 1,170 | 7,987 |
25 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
China (continued) | |||||
Youngor Group Company, Ltd., Class A | 24,900 | $23,745 | |||
Youyuan International Holdings, Ltd. (A)(C) | 26,000 | 0 | |||
YTO Express Group Company, Ltd., Class A | 6,700 | 13,888 | |||
Yum China Holdings, Inc. | 2,500 | 132,897 | |||
Yum China Holdings, Inc. (New York Stock Exchange) | 3,785 | 203,217 | |||
Yunda Holding Company, Ltd., Class A | 6,300 | 8,506 | |||
Yunnan Aluminium Company, Ltd., Class A | 7,000 | 13,817 | |||
Yunnan Baiyao Group Company, Ltd., Class A | 1,120 | 8,397 | |||
Yunnan Copper Company, Ltd., Class A | 8,600 | 13,646 | |||
Yunnan Energy New Material Company, Ltd., Class A | 1,900 | 17,315 | |||
Yunnan Tin Company, Ltd., Class A | 6,000 | 11,483 | |||
Zhangzhou Pientzehuang Pharmaceutical Company, Ltd., Class A | 800 | 30,350 | |||
Zhaojin Mining Industry Company, Ltd., H Shares | 31,000 | 43,394 | |||
Zhefu Holding Group Company, Ltd., Class A | 19,600 | 10,616 | |||
Zhejiang Century Huatong Group Company, Ltd., Class A (A) | 19,700 | 14,613 | |||
Zhejiang China Commodities City Group Company, Ltd., Class A | 19,000 | 21,377 | |||
Zhejiang Chint Electrics Company, Ltd., Class A | 5,300 | 18,009 | |||
Zhejiang Communications Technology Company, Ltd., Class A | 36,260 | 20,122 | |||
Zhejiang Crystal-Optech Company, Ltd., Class A | 11,700 | 17,010 | |||
Zhejiang Dahua Technology Company, Ltd., Class A | 3,200 | 9,477 | |||
Zhejiang Dingli Machinery Company, Ltd., Class A | 2,000 | 14,582 | |||
Zhejiang Expressway Company, Ltd., H Shares | 42,000 | 31,363 | |||
Zhejiang Garden Biopharmaceutical Company, Ltd., Class A | 9,200 | 14,605 | |||
Zhejiang Glass Company, Ltd., H Shares (A)(C) | 172,000 | 0 | |||
Zhejiang Hailiang Company, Ltd., Class A | 6,200 | 9,751 | |||
Zhejiang Huahai Pharmaceutical Company, Ltd., Class A | 6,400 | 14,728 | |||
Zhejiang Huayou Cobalt Company, Ltd., Class A | 4,090 | 22,413 | |||
Zhejiang Jiahua Energy Chemical Industry Company, Ltd., Class A | 13,100 | 15,841 | |||
Zhejiang Jingsheng Mechanical & Electrical Company, Ltd., Class A | 900 | 6,955 | |||
Zhejiang Jingxin Pharmaceutical Company, Ltd., Class A | 10,900 | 16,784 | |||
Zhejiang Jinke Tom Culture Industry Company, Ltd., Class A (A) | 5,400 | 4,014 | |||
Zhejiang Jiuzhou Pharmaceutical Company, Ltd., Class A | 4,200 | 15,674 | |||
Zhejiang Medicine Company, Ltd., Class A | 11,700 | 17,462 | |||
Zhejiang Narada Power Source Company, Ltd., Class A (A) | 10,100 | 21,324 | |||
Zhejiang NHU Company, Ltd., Class A | 8,760 | 19,567 | |||
Zhejiang Orient Financial Holdings Group Company, Ltd., Class A | 39,800 | 20,751 | |||
Zhejiang Orient Gene Biotech Company, Ltd., Class A | 1,920 | 10,337 | |||
Zhejiang Qianjiang Motorcycle Company, Ltd., Class A | 6,000 | 11,928 | |||
Zhejiang Semir Garment Company, Ltd., Class A | 18,564 | 15,553 | |||
Zhejiang Supor Company, Ltd., Class A | 2,600 | 16,977 | |||
Zhejiang Tianyu Pharmaceutical Company, Ltd., Class A (A) | 2,700 | 7,762 | |||
Zhejiang Wanfeng Auto Wheel Company, Ltd., Class A | 21,700 | 16,756 | |||
Zhejiang Weiming Environment Protection Company, Ltd., Class A | 5,000 | 12,276 | |||
Zhejiang Weixing New Building Materials Company, Ltd., Class A | 4,000 | 11,086 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 26 |
Shares | Value | ||||
China (continued) | |||||
Zhejiang Windey Company, Ltd., Class A | 9,880 | $15,430 | |||
Zhejiang Wolwo Bio-Pharmaceutical Company, Ltd., Class A | 3,700 | 16,223 | |||
Zhejiang Xianju Pharmaceutical Company, Ltd., Class A | 12,800 | 20,191 | |||
Zhejiang Xinan Chemical Industrial Group Company, Ltd., Class A | 7,280 | 10,052 | |||
Zhejiang Yinlun Machinery Company, Ltd., Class A | 10,100 | 25,405 | |||
Zhejiang Yongtai Technology Company, Ltd., Class A | 4,700 | 8,328 | |||
Zhengzhou Coal Mining Machinery Group Company, Ltd., H Shares | 15,800 | 14,482 | |||
Zheshang Securities Company, Ltd., Class A | 6,600 | 9,318 | |||
ZhongAn Online P&C Insurance Company, Ltd., H Shares (A)(B) | 17,100 | 50,720 | |||
Zhongjin Gold Corp., Ltd., Class A | 8,100 | 12,268 | |||
Zhongsheng Group Holdings, Ltd. | 29,000 | 88,358 | |||
Zhongtian Financial Group Company, Ltd., Class A (A)(C) | 101,900 | 5,591 | |||
Zhongyuan Bank Company, Ltd., H Shares (A)(B) | 42,000 | 1,924 | |||
Zhou Hei Ya International Holdings Company, Ltd. (A)(B) | 59,000 | 20,835 | |||
Zhuzhou CRRC Times Electric Company, Ltd., H Shares | 7,900 | 27,533 | |||
Zhuzhou Hongda Electronics Corp., Ltd., Class A | 2,600 | 12,486 | |||
Zhuzhou Kibing Group Company, Ltd., Class A | 7,200 | 8,615 | |||
Zijin Mining Group Company, Ltd., H Shares | 151,384 | 237,121 | |||
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares | 59,600 | 28,457 | |||
ZTE Corp., H Shares | 11,000 | 35,403 | |||
ZTO Express Cayman, Inc. | 3,400 | 84,384 | |||
ZTO Express Cayman, Inc., ADR | 2,612 | 65,666 | |||
Colombia 0.1% | 223,725 | ||||
Almacenes Exito SA, BDR (A) | 8,517 | 24,938 | |||
Banco de Bogota SA (A) | 776 | 4,866 | |||
Bancolombia SA | 4,905 | 34,894 | |||
Celsia SA ESP | 23,575 | 14,120 | |||
Cementos Argos SA | 15,832 | 11,232 | |||
Corp. Financiera Colombiana SA | 11,193 | 32,152 | |||
Ecopetrol SA | 66,214 | 38,153 | |||
Grupo Argos SA | 8,087 | 15,935 | |||
Grupo Energia Bogota SA ESP | 17,578 | 6,944 | |||
Grupo Nutresa SA | 1,217 | 14,819 | |||
Interconexion Electrica SA ESP | 5,293 | 19,384 | |||
Mineros SA | 13,747 | 6,288 | |||
Cyprus 0.0% | 16,742 | ||||
ASBISc Enterprises PLC | 2,323 | 16,742 | |||
Czech Republic 0.1% | 181,071 | ||||
CEZ AS | 2,396 | 101,969 | |||
Komercni banka AS | 922 | 28,791 | |||
Moneta Money Bank AS (B) | 9,720 | 36,206 | |||
Philip Morris CR AS | 18 | 14,105 |
27 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Egypt 0.0% | $31,085 | ||||
Commercial International Bank Egypt SAE, GDR | 25,345 | 31,085 | |||
Greece 0.5% | 867,378 | ||||
Aegean Airlines SA (A) | 2,256 | 32,283 | |||
Alpha Services and Holdings SA (A) | 39,561 | 66,508 | |||
Athens Water Supply & Sewage Company SA | 1,181 | 8,440 | |||
Autohellas Tourist and Trading SA | 2,183 | 33,495 | |||
Bank of Greece | 1,576 | 28,785 | |||
ElvalHalcor SA | 6,076 | 14,489 | |||
Entersoft SA Software Development & Related Services Company | 2,018 | 13,724 | |||
Epsilon Net SA | 1,800 | 22,446 | |||
Eurobank Ergasias Services and Holdings SA (A) | 54,519 | 94,513 | |||
FF Group (A)(C) | 6,657 | 10,828 | |||
Fourlis Holdings SA | 2,166 | 10,856 | |||
GEK Terna Holding Real Estate Construction SA (A) | 2,705 | 39,442 | |||
Hellenic Exchanges - Athens Stock Exchange SA | 1,960 | 11,241 | |||
Hellenic Telecommunications Organization SA | 2,296 | 34,312 | |||
HELLENiQ ENERGY Holdings SA | 3,154 | 28,269 | |||
Holding Company ADMIE IPTO SA (A) | 8,138 | 20,251 | |||
JUMBO SA | 1,883 | 58,165 | |||
LAMDA Development SA (A) | 2,618 | 19,167 | |||
Motor Oil Hellas Corinth Refineries SA | 2,073 | 52,739 | |||
Mytilineos SA | 1,151 | 46,679 | |||
National Bank of Greece SA (A) | 5,836 | 39,625 | |||
OPAP SA | 2,249 | 37,976 | |||
Piraeus Financial Holdings SA (A) | 13,473 | 46,423 | |||
Piraeus Port Authority SA | 458 | 10,914 | |||
Public Power Corp. SA (A) | 2,489 | 27,202 | |||
Quest Holdings SA | 1,482 | 10,130 | |||
Sarantis SA | 1,766 | 14,816 | |||
Terna Energy SA | 1,051 | 18,865 | |||
Thrace Plastics Holding and Company | 2,689 | 14,795 | |||
Hong Kong 2.8% | 4,982,641 | ||||
Alibaba Health Information Technology, Ltd. (A) | 24,000 | 14,169 | |||
Alibaba Pictures Group, Ltd. (A) | 570,000 | 37,762 | |||
Alliance International Education Leasing Holdings, Ltd. (A)(B) | 13,000 | 2,153 | |||
Anxin-China Holdings, Ltd. (A)(C) | 1,988,000 | 0 | |||
APT Satellite Holdings, Ltd. | 70,000 | 19,705 | |||
Beijing Energy International Holding Company, Ltd. | 146,000 | 3,699 | |||
Beijing Enterprises Holdings, Ltd. | 25,930 | 97,147 | |||
Beijing Enterprises Water Group, Ltd. | 212,000 | 48,843 | |||
Beijing Tong Ren Tang Chinese Medicine Company, Ltd. | 12,000 | 21,750 | |||
BOE Varitronix, Ltd. | 15,000 | 14,549 | |||
Bosideng International Holdings, Ltd. | 122,000 | 47,874 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 28 |
Shares | Value | ||||
Hong Kong (continued) | |||||
Brilliance China Automotive Holdings, Ltd. | 170,000 | $69,067 | |||
C C Land Holdings, Ltd. | 240,540 | 48,427 | |||
C&D International Investment Group, Ltd. | 27,670 | 70,317 | |||
Canvest Environmental Protection Group Company, Ltd. | 36,000 | 19,259 | |||
CECEP COSTIN New Materials Group, Ltd. (A)(C) | 162,000 | 0 | |||
CGN New Energy Holdings Company, Ltd. | 64,000 | 17,219 | |||
China Aircraft Leasing Group Holdings, Ltd. | 12,000 | 6,288 | |||
China Chengtong Development Group, Ltd. | 158,000 | 1,908 | |||
China Common Rich Renewable Energy Investments, Ltd. (A)(C) | 2,486,000 | 68,154 | |||
China Education Group Holdings, Ltd. | 48,000 | 40,789 | |||
China Electronics Huada Technology Company, Ltd. | 72,000 | 11,741 | |||
China Everbright Environment Group, Ltd. | 128,111 | 46,666 | |||
China Everbright Greentech, Ltd. (B) | 31,000 | 3,396 | |||
China Everbright, Ltd. | 51,000 | 29,749 | |||
China Fiber Optic Network System Group, Ltd. (A)(C) | 419,600 | 14,981 | |||
China Foods, Ltd. | 58,000 | 21,495 | |||
China Gas Holdings, Ltd. | 107,600 | 109,824 | |||
China Glass Holdings, Ltd. (A) | 50,000 | 4,453 | |||
China High Speed Transmission Equipment Group Company, Ltd. (A) | 25,000 | 8,121 | |||
China Jinmao Holdings Group, Ltd. | 203,867 | 28,866 | |||
China Lumena New Materials Corp. (A)(C) | 31,800 | 0 | |||
China Medical System Holdings, Ltd. | 76,800 | 110,612 | |||
China Merchants Land, Ltd. | 86,000 | 4,378 | |||
China Merchants Port Holdings Company, Ltd. | 57,277 | 68,520 | |||
China Metal Recycling Holdings, Ltd. (A)(C) | 14,579,934 | 0 | |||
China Oil & Gas Group, Ltd. (A) | 337,040 | 9,711 | |||
China Overseas Grand Oceans Group, Ltd. | 121,509 | 47,606 | |||
China Overseas Land & Investment, Ltd. | 62,500 | 131,755 | |||
China Overseas Property Holdings, Ltd. | 50,667 | 60,495 | |||
China Power International Development, Ltd. | 111,666 | 39,798 | |||
China Properties Group, Ltd. (A)(C) | 19,000 | 905 | |||
China Resources Beer Holdings Company, Ltd. | 29,981 | 176,029 | |||
China Resources Cement Holdings, Ltd. | 133,518 | 44,226 | |||
China Resources Gas Group, Ltd. | 38,000 | 106,680 | |||
China Resources Land, Ltd. | 88,444 | 373,826 | |||
China Resources Power Holdings Company, Ltd. | 40,882 | 80,040 | |||
China Ruyi Holdings, Ltd. (A) | 204,000 | 54,096 | |||
China South City Holdings, Ltd. (A) | 146,000 | 8,640 | |||
China State Construction Development Holdings, Ltd. | 38,000 | 11,714 | |||
China State Construction International Holdings, Ltd. | 90,000 | 100,102 | |||
China Taiping Insurance Holdings Company, Ltd. | 75,110 | 79,025 | |||
China Traditional Chinese Medicine Holdings Company, Ltd. | 150,000 | 58,635 | |||
China Travel International Investment Hong Kong, Ltd. (A) | 146,000 | 27,715 | |||
China Water Affairs Group, Ltd. | 36,000 | 27,601 |
29 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Hong Kong (continued) | |||||
China Water Industry Group, Ltd. (A) | 60,000 | $1,223 | |||
CIMC Enric Holdings, Ltd. | 34,000 | 32,338 | |||
CITIC Resources Holdings, Ltd. | 420,000 | 19,807 | |||
Citychamp Watch & Jewellery Group, Ltd. (A) | 65,800 | 9,562 | |||
Comba Telecom Systems Holdings, Ltd. | 62,000 | 8,539 | |||
Concord New Energy Group, Ltd. | 420,000 | 34,275 | |||
Continental Aerospace Technologies Holding, Ltd. (A) | 186,799 | 1,909 | |||
COSCO SHIPPING International Hong Kong Company, Ltd. | 32,000 | 13,500 | |||
COSCO SHIPPING Ports, Ltd. | 80,150 | 49,347 | |||
Cosmopolitan International Holdings, Ltd. (A) | 50,000 | 7,386 | |||
Crazy Sports Group, Ltd. (A) | 186,000 | 3,461 | |||
CSSC Hong Kong Shipping Company, Ltd. | 76,000 | 14,434 | |||
CWT International, Ltd. (A)(C) | 680,000 | 3,122 | |||
DBA Telecommunication Asia Holdings, Ltd. (A)(C) | 32,000 | 0 | |||
Digital China Holdings, Ltd. | 38,000 | 12,301 | |||
Essex Bio-technology, Ltd. | 23,000 | 9,328 | |||
EVA Precision Industrial Holdings, Ltd. | 146,000 | 12,640 | |||
Far East Horizon, Ltd. | 68,000 | 46,456 | |||
Fullshare Holdings, Ltd. (A) | 110,000 | 533 | |||
GCL New Energy Holdings, Ltd. (A) | 26,913 | 1,699 | |||
GCL Technology Holdings, Ltd. | 309,000 | 53,521 | |||
Geely Automobile Holdings, Ltd. | 172,000 | 213,517 | |||
Gemdale Properties & Investment Corp., Ltd. | 288,000 | 12,478 | |||
Glorious Property Holdings, Ltd. (A) | 516,000 | 657 | |||
Goldlion Holdings, Ltd. | 122,000 | 16,436 | |||
Grand Pharmaceutical Group, Ltd. | 56,000 | 28,998 | |||
Guangdong Investment, Ltd. | 70,000 | 54,644 | |||
Health & Happiness H&H International Holdings, Ltd. | 13,000 | 16,938 | |||
Hi Sun Technology China, Ltd. (A) | 105,000 | 7,769 | |||
Hopson Development Holdings, Ltd. (A) | 54,304 | 33,277 | |||
Hua Han Health Industry Holdings, Ltd. (A)(C) | 1,111,910 | 30,058 | |||
Huanxi Media Group, Ltd. (A) | 40,000 | 4,173 | |||
IMAX China Holding, Inc. (B) | 7,300 | 8,810 | |||
Inspur Digital Enterprise Technology, Ltd. | 28,000 | 8,567 | |||
Jinchuan Group International Resources Company, Ltd. | 322,000 | 16,193 | |||
Joy Spreader Group, Inc. (A) | 63,000 | 3,574 | |||
JS Global Lifestyle Company, Ltd. (A)(B) | 56,000 | 7,991 | |||
Ju Teng International Holdings, Ltd. | 59,722 | 7,968 | |||
Kingboard Holdings, Ltd. | 42,148 | 95,644 | |||
Kingboard Laminates Holdings, Ltd. | 60,000 | 49,865 | |||
Kunlun Energy Company, Ltd. | 170,000 | 124,454 | |||
Lee & Man Chemical Company, Ltd. | 14,000 | 5,618 | |||
Lee & Man Paper Manufacturing, Ltd. | 70,000 | 20,594 | |||
LK Technology Holdings, Ltd. | 19,250 | 18,462 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 30 |
Shares | Value | ||||
Hong Kong (continued) | |||||
LVGEM China Real Estate Investment Company, Ltd. (A) | 32,000 | $6,733 | |||
Mingfa Group International Company, Ltd. (A) | 995,000 | 26,674 | |||
Minmetals Land, Ltd. (A) | 126,000 | 5,877 | |||
Mobvista, Inc. (A)(B) | 21,000 | 9,590 | |||
Nan Hai Corp., Ltd. (A)(C) | 1,900,000 | 7,632 | |||
Nine Dragons Paper Holdings, Ltd. (A) | 96,000 | 53,271 | |||
Orient Overseas International, Ltd. | 5,500 | 73,762 | |||
PAX Global Technology, Ltd. | 50,000 | 37,838 | |||
Perennial Energy Holdings, Ltd. | 20,000 | 2,216 | |||
Phoenix Media Investment Holdings, Ltd. (A) | 76,000 | 2,403 | |||
Poly Property Group Company, Ltd. | 164,870 | 38,284 | |||
Pou Sheng International Holdings, Ltd. (A) | 144,000 | 12,142 | |||
Prinx Chengshan Holdings, Ltd. | 10,500 | 8,786 | |||
REXLot Holdings, Ltd. (A)(C) | 2,065,304 | 1,936 | |||
Road King Infrastructure, Ltd. (A) | 9,000 | 2,201 | |||
Shandong Hi-Speed New Energy Group, Ltd. (A) | 26,857 | 9,483 | |||
Shanghai Industrial Holdings, Ltd. | 19,041 | 24,985 | |||
Shanghai Industrial Urban Development Group, Ltd. (A) | 115,349 | 6,174 | |||
Shenzhen International Holdings, Ltd. | 85,083 | 60,480 | |||
Shenzhen Investment, Ltd. | 149,175 | 26,288 | |||
Shimao Group Holdings, Ltd. (A) | 79,000 | 6,044 | |||
Shoucheng Holdings, Ltd. | 81,600 | 19,037 | |||
Shougang Fushan Resources Group, Ltd. | 145,268 | 41,862 | |||
Silver Grant International Holdings Group, Ltd. (A) | 72,334 | 2,155 | |||
Sino Biopharmaceutical, Ltd. | 293,750 | 111,504 | |||
Sinofert Holdings, Ltd. (A) | 118,000 | 14,437 | |||
Sinolink Worldwide Holdings, Ltd. (A) | 576,000 | 10,477 | |||
Sinopec Kantons Holdings, Ltd. | 62,000 | 24,316 | |||
Skyworth Group, Ltd. | 64,884 | 23,741 | |||
SMI Holdings Group, Ltd. (A)(C) | 228,889 | 14,593 | |||
SSY Group, Ltd. | 80,733 | 42,975 | |||
Sun Art Retail Group, Ltd. | 136,500 | 31,982 | |||
Symphony Holdings, Ltd. | 170,000 | 18,866 | |||
TCL Electronics Holdings, Ltd. (A) | 39,600 | 15,483 | |||
Tech Pro Technology Development, Ltd. (A)(C) | 966,000 | 4,816 | |||
The Wharf Holdings, Ltd. | 18,000 | 38,133 | |||
Tian An China Investment Company, Ltd. | 202,000 | 101,728 | |||
Tianjin Port Development Holdings, Ltd. | 154,000 | 10,782 | |||
Tibet Water Resources, Ltd. (A) | 149,000 | 7,789 | |||
Towngas Smart Energy Company, Ltd. (A) | 46,985 | 19,806 | |||
Truly International Holdings, Ltd. | 101,000 | 11,184 | |||
United Energy Group, Ltd. | 462,000 | 61,325 | |||
Vinda International Holdings, Ltd. | 17,000 | 39,336 | |||
Want Want China Holdings, Ltd. | 145,000 | 95,902 |
31 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Hong Kong (continued) | |||||
Wasion Holdings, Ltd. | 32,000 | $13,696 | |||
Yuexiu Property Company, Ltd. | 60,503 | 74,962 | |||
Yuexiu Transport Infrastructure, Ltd. | 36,000 | 18,612 | |||
Zhongyu Energy Holdings, Ltd. | 20,006 | 13,974 | |||
Zhuguang Holdings Group Company, Ltd. (A) | 60,000 | 3,823 | |||
Hungary 0.2% | 323,953 | ||||
Magyar Telekom Telecommunications PLC | 15,420 | 20,509 | |||
MOL Hungarian Oil & Gas PLC | 16,903 | 127,821 | |||
OTP Bank NYRT | 3,368 | 137,338 | |||
Richter Gedeon NYRT | 1,529 | 38,285 | |||
India 16.9% | 29,857,442 | ||||
360 ONE WAM, Ltd. | 6,676 | 39,568 | |||
3i Infotech, Ltd. (A) | 19,757 | 7,807 | |||
3M India, Ltd. | 53 | 20,096 | |||
Aarti Drugs, Ltd. | 1,658 | 11,421 | |||
Aarti Industries, Ltd. | 4,856 | 28,782 | |||
Aarti Pharmalabs, Ltd. (A) | 1,214 | 5,772 | |||
Aavas Financiers, Ltd. (A) | 2,400 | 47,380 | |||
ABB India, Ltd. | 360 | 19,055 | |||
Abbott India, Ltd. | 167 | 46,642 | |||
ACC, Ltd. | 1,699 | 41,329 | |||
Action Construction Equipment, Ltd. | 5,008 | 46,216 | |||
Adani Energy Solutions, Ltd. (A) | 2,387 | 23,299 | |||
Adani Enterprises, Ltd. | 562 | 16,446 | |||
Adani Green Energy, Ltd. (A) | 2,176 | 24,511 | |||
Adani Ports & Special Economic Zone, Ltd. | 8,372 | 80,072 | |||
Adani Power, Ltd. (A) | 5,478 | 21,238 | |||
Adani Total Gas, Ltd. | 2,852 | 21,964 | |||
ADF Foods, Ltd. | 526 | 6,960 | |||
Aditya Birla Capital, Ltd. (A) | 22,066 | 48,264 | |||
Advanced Enzyme Technologies, Ltd. | 4,002 | 15,716 | |||
Aegis Logistics, Ltd. | 7,126 | 31,718 | |||
Affle India, Ltd. (A) | 994 | 12,906 | |||
Ahluwalia Contracts India, Ltd. | 1,486 | 13,024 | |||
AIA Engineering, Ltd. | 1,053 | 46,729 | |||
Ajanta Pharma, Ltd. | 1,365 | 28,469 | |||
Akzo Nobel India, Ltd. | 703 | 23,353 | |||
Alembic Pharmaceuticals, Ltd. | 4,003 | 37,572 | |||
Alkem Laboratories, Ltd. | 727 | 31,944 | |||
Alkyl Amines Chemicals | 763 | 23,126 | |||
Allcargo Logistics, Ltd. | 2,220 | 7,362 | |||
Allcargo Terminals, Ltd. (A) | 2,220 | 904 | |||
Alok Industries, Ltd. (A) | 29,078 | 6,981 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 32 |
Shares | Value | ||||
India (continued) | |||||
Amara Raja Batteries, Ltd. | 5,069 | $38,496 | |||
Amber Enterprises India, Ltd. (A) | 848 | 29,754 | |||
Ambuja Cements, Ltd. | 8,075 | 41,696 | |||
Anant Raj, Ltd. | 12,879 | 33,926 | |||
Angel One, Ltd. | 1,012 | 22,888 | |||
Apar Industries, Ltd. | 1,016 | 61,434 | |||
APL Apollo Tubes, Ltd. | 3,653 | 74,317 | |||
Apollo Hospitals Enterprise, Ltd. | 1,310 | 76,260 | |||
Apollo Tyres, Ltd. | 15,576 | 72,990 | |||
Arvind Fashions, Ltd. (A) | 8,233 | 31,801 | |||
Arvind, Ltd. | 13,022 | 27,585 | |||
Asahi India Glass, Ltd. | 4,311 | 30,707 | |||
Ashok Leyland, Ltd. | 30,251 | 66,952 | |||
Ashoka Buildcon, Ltd. (A) | 9,141 | 11,266 | |||
Asian Paints, Ltd. | 5,668 | 222,766 | |||
Astec Lifesciences, Ltd. | 479 | 8,301 | |||
Aster DM Healthcare, Ltd. (A)(B) | 5,256 | 20,996 | |||
Astra Microwave Products, Ltd. | 2,653 | 12,654 | |||
Astral, Ltd. | 2,093 | 49,280 | |||
Atul, Ltd. | 438 | 38,730 | |||
AU Small Finance Bank, Ltd. (B) | 3,630 | 31,620 | |||
Aurobindo Pharma, Ltd. | 7,617 | 76,431 | |||
Avanti Feeds, Ltd. | 3,600 | 18,746 | |||
Avenue Supermarts, Ltd. (A)(B) | 825 | 37,014 | |||
Axis Bank, Ltd. | 46,026 | 539,630 | |||
Bajaj Auto, Ltd. | 1,382 | 76,891 | |||
Bajaj Consumer Care, Ltd. | 5,535 | 17,301 | |||
Bajaj Finance, Ltd. | 3,528 | 305,184 | |||
Bajaj Finserv, Ltd. | 5,181 | 93,165 | |||
Bajaj Holdings & Investment, Ltd. | 498 | 44,554 | |||
Balaji Amines, Ltd. | 207 | 5,606 | |||
Balkrishna Industries, Ltd. | 1,998 | 56,174 | |||
Balmer Lawrie & Company, Ltd. | 6,237 | 11,570 | |||
Balrampur Chini Mills, Ltd. | 6,172 | 29,128 | |||
Bandhan Bank, Ltd. (B) | 12,034 | 33,367 | |||
Bank of Baroda | 13,785 | 31,136 | |||
Bank of India | 16,723 | 17,303 | |||
Bank of Maharashtra | 86,877 | 40,510 | |||
Bannari Amman Sugars, Ltd. | 62 | 2,028 | |||
BASF India, Ltd. | 543 | 17,375 | |||
Bata India, Ltd. | 2,488 | 50,688 | |||
Bayer CropScience, Ltd. | 513 | 30,054 | |||
BEML, Ltd. | 785 | 23,455 | |||
Berger Paints India, Ltd. | 5,244 | 45,647 |
33 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Bharat Dynamics, Ltd. | 1,202 | $16,429 | |||
Bharat Electronics, Ltd. | 67,597 | 108,887 | |||
Bharat Forge, Ltd. | 7,196 | 93,126 | |||
Bharat Heavy Electricals, Ltd. | 35,750 | 52,539 | |||
Bharat Petroleum Corp., Ltd. | 12,803 | 52,590 | |||
Bharat Rasayan, Ltd. | 84 | 9,454 | |||
Bharti Airtel, Ltd. | 55,404 | 573,260 | |||
Biocon, Ltd. | 7,884 | 24,739 | |||
Birla Corp., Ltd. | 940 | 12,992 | |||
Birlasoft, Ltd. | 10,463 | 64,416 | |||
Blue Dart Express, Ltd. | 317 | 24,025 | |||
Blue Star, Ltd. | 3,766 | 33,372 | |||
Bombay Burmah Trading Company | 1,501 | 18,006 | |||
Borosil Renewables, Ltd. (A) | 1,436 | 7,600 | |||
Bosch, Ltd. | 149 | 33,427 | |||
Brigade Enterprises, Ltd. | 5,586 | 40,081 | |||
Brightcom Group, Ltd. | 55,682 | 11,402 | |||
Britannia Industries, Ltd. | 2,120 | 114,197 | |||
BSE, Ltd. | 4,053 | 52,045 | |||
Camlin Fine Sciences, Ltd. (A) | 12,266 | 24,630 | |||
Can Fin Homes, Ltd. | 3,284 | 29,814 | |||
Canara Bank | 12,044 | 46,718 | |||
Capacit’e Infraprojects, Ltd. (A) | 2,705 | 6,770 | |||
Caplin Point Laboratories, Ltd. | 742 | 9,458 | |||
Carborundum Universal, Ltd. | 4,213 | 57,877 | |||
Care Ratings, Ltd. | 1,862 | 18,660 | |||
Castrol India, Ltd. | 18,453 | 32,488 | |||
CCL Products India, Ltd. | 3,414 | 24,937 | |||
Ceat, Ltd. | 1,368 | 37,206 | |||
Central Bank of India (A) | 65,876 | 27,697 | |||
Central Depository Services India, Ltd. | 1,657 | 22,758 | |||
Century Enka, Ltd. | 2,505 | 12,887 | |||
Century Plyboards India, Ltd. | 2,506 | 20,630 | |||
Century Textiles & Industries, Ltd. | 1,858 | 23,135 | |||
Cera Sanitaryware, Ltd. | 172 | 19,770 | |||
CESC, Ltd. | 16,270 | 16,384 | |||
CG Power & Industrial Solutions, Ltd. | 13,946 | 70,545 | |||
Chambal Fertilizers & Chemicals, Ltd. | 11,243 | 37,443 | |||
Chennai Petroleum Corp., Ltd. | 3,148 | 15,811 | |||
Chennai Super Kings Cricket, Ltd. (A)(C) | 271,316 | 7,374 | |||
Cholamandalam Financial Holdings, Ltd. | 5,111 | 60,219 | |||
Cholamandalam Investment and Finance Company, Ltd. | 6,581 | 89,073 | |||
CIE Automotive India, Ltd. | 5,462 | 34,545 | |||
Cigniti Technologies, Ltd. | 1,819 | 17,645 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 34 |
Shares | Value | ||||
India (continued) | |||||
Cipla, Ltd. | 9,828 | $148,668 | |||
City Union Bank, Ltd. | 16,091 | 24,003 | |||
Coal India, Ltd. | 26,598 | 73,932 | |||
Cochin Shipyard, Ltd. (B) | 2,563 | 28,013 | |||
Coforge, Ltd. | 1,305 | 85,789 | |||
Colgate-Palmolive India, Ltd. | 2,924 | 68,350 | |||
Computer Age Management Services, Ltd. | 1,327 | 38,038 | |||
Confidence Petroleum India, Ltd. | 23,930 | 25,964 | |||
Container Corp. of India, Ltd. | 6,518 | 52,836 | |||
Coromandel International, Ltd. | 6,243 | 82,299 | |||
Cosmo First, Ltd. | 742 | 6,519 | |||
CreditAccess Grameen, Ltd. (A) | 1,739 | 29,220 | |||
CRISIL, Ltd. | 733 | 35,177 | |||
Crompton Greaves Consumer Electricals, Ltd. | 21,222 | 76,721 | |||
CSB Bank, Ltd. (A) | 7,509 | 29,902 | |||
Cummins India, Ltd. | 2,657 | 54,561 | |||
Cyient, Ltd. | 3,035 | 60,216 | |||
Dabur India, Ltd. | 7,764 | 51,957 | |||
Dalmia Bharat, Ltd. | 1,599 | 40,144 | |||
DCB Bank, Ltd. | 11,434 | 16,111 | |||
DCM Shriram, Ltd. | 1,679 | 18,911 | |||
DCW, Ltd. | 19,322 | 12,566 | |||
Deepak Fertilisers & Petrochemicals Corp., Ltd. | 2,991 | 21,875 | |||
Deepak Nitrite, Ltd. | 2,659 | 70,998 | |||
Delta Corp., Ltd. | 8,433 | 18,464 | |||
DEN Networks, Ltd. (A) | 139 | 70 | |||
Dhampur Bio Organics, Ltd. | 2,251 | 4,477 | |||
Dhampur Sugar Mills, Ltd. | 2,251 | 6,896 | |||
Dhani Services, Ltd. (A) | 12,484 | 7,337 | |||
Dhanuka Agritech, Ltd. | 1,093 | 10,423 | |||
Digidrive Distributors, Ltd. (A)(C) | 457 | 744 | |||
Dilip Buildcon, Ltd. (B) | 2,723 | 10,811 | |||
Dish TV India, Ltd. (A) | 101,439 | 22,264 | |||
Dishman Carbogen Amcis, Ltd. (A) | 1,354 | 2,563 | |||
Divi’s Laboratories, Ltd. | 2,358 | 101,986 | |||
Dixon Technologies India, Ltd. (A) | 932 | 56,313 | |||
DLF, Ltd. | 6,985 | 42,487 | |||
Dr. Lal PathLabs, Ltd. (B) | 935 | 24,548 | |||
Dr. Reddy’s Laboratories, Ltd. | 2,762 | 187,241 | |||
Dr. Reddy’s Laboratories, Ltd., ADR | 263 | 17,879 | |||
Dwarikesh Sugar Industries, Ltd. | 18,987 | 20,486 | |||
eClerx Services, Ltd. | 1,863 | 36,636 | |||
Edelweiss Financial Services, Ltd. | 26,662 | 17,470 | |||
Eicher Motors, Ltd. | 1,831 | 73,854 |
35 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
EID Parry India, Ltd. | 5,725 | $33,029 | |||
EIH, Ltd. | 9,617 | 28,964 | |||
Electrosteel Castings, Ltd. | 19,684 | 16,260 | |||
Elgi Equipments, Ltd. | 5,316 | 31,491 | |||
Emami, Ltd. | 11,193 | 70,947 | |||
Endurance Technologies, Ltd. (B) | 1,718 | 34,547 | |||
Engineers India, Ltd. | 20,066 | 37,399 | |||
EPL, Ltd. | 5,314 | 12,646 | |||
Equitas Small Finance Bank, Ltd. (B) | 22,252 | 24,435 | |||
Eris Lifesciences, Ltd. (A)(B) | 1,141 | 11,218 | |||
ESAB India, Ltd. | 249 | 16,532 | |||
Escorts Kubota, Ltd. | 704 | 26,905 | |||
Everest Industries, Ltd. | 1,241 | 17,799 | |||
Exide Industries, Ltd. | 19,965 | 64,525 | |||
FDC, Ltd. (A) | 3,870 | 17,750 | |||
Federal Bank, Ltd. | 75,209 | 130,785 | |||
Filatex India, Ltd. | 28,608 | 16,404 | |||
Fine Organic Industries, Ltd. | 295 | 17,094 | |||
Finolex Cables, Ltd. | 1,481 | 19,687 | |||
Finolex Industries, Ltd. | 10,174 | 29,531 | |||
Firstsource Solutions, Ltd. | 15,042 | 29,862 | |||
Fortis Healthcare, Ltd. | 13,636 | 54,533 | |||
FSN E-Commerce Ventures, Ltd. (A) | 14,286 | 23,106 | |||
GAIL India, Ltd. | 79,131 | 110,179 | |||
Galaxy Surfactants, Ltd. | 606 | 19,553 | |||
Garware Technical Fibres, Ltd. | 570 | 21,972 | |||
Gateway Distriparks, Ltd. | 11,344 | 11,733 | |||
GE T&D India, Ltd. (A) | 2,788 | 10,673 | |||
General Insurance Corp. of India (A)(B) | 9,210 | 24,244 | |||
GHCL Textiles, Ltd. (A) | 3,822 | 3,518 | |||
GHCL, Ltd. | 3,822 | 28,839 | |||
Gillette India, Ltd. | 409 | 27,507 | |||
GlaxoSmithKline Pharmaceuticals, Ltd. | 911 | 15,785 | |||
Glenmark Pharmaceuticals, Ltd. | 6,753 | 62,651 | |||
GMM Pfaudler, Ltd. | 938 | 17,892 | |||
GMR Airports Infrastructure, Ltd. (A) | 68,540 | 51,457 | |||
Godawari Power & Ispat, Ltd. | 1,530 | 11,414 | |||
Godfrey Phillips India, Ltd. | 824 | 21,300 | |||
Godrej Agrovet, Ltd. (B) | 1,484 | 8,601 | |||
Godrej Consumer Products, Ltd. (A) | 4,186 | 50,877 | |||
Godrej Industries, Ltd. (A) | 1,720 | 11,221 | |||
Godrej Properties, Ltd. (A) | 2,069 | 40,969 | |||
Granules India, Ltd. | 10,367 | 37,411 | |||
Graphite India, Ltd. | 3,367 | 19,296 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 36 |
Shares | Value | ||||
India (continued) | |||||
Grasim Industries, Ltd. | 4,113 | $88,860 | |||
Greaves Cotton, Ltd. | 10,536 | 19,136 | |||
Greenlam Industries, Ltd. | 913 | 4,818 | |||
Greenpanel Industries, Ltd. | 2,085 | 9,527 | |||
Greenply Industries, Ltd. | 3,816 | 7,418 | |||
Grindwell Norton, Ltd. | 1,284 | 35,260 | |||
Gujarat Alkalies & Chemicals, Ltd. | 2,634 | 22,189 | |||
Gujarat Ambuja Exports, Ltd. | 9,856 | 31,159 | |||
Gujarat Fluorochemicals, Ltd. | 595 | 21,817 | |||
Gujarat Gas, Ltd. | 4,540 | 24,682 | |||
Gujarat Mineral Development Corp., Ltd. | 12,126 | 36,451 | |||
Gujarat Narmada Valley Fertilizers & Chemicals, Ltd. | 6,514 | 47,893 | |||
Gujarat Pipavav Port, Ltd. | 15,877 | 24,959 | |||
Gujarat State Fertilizers & Chemicals, Ltd. | 6,340 | 13,455 | |||
Gujarat State Petronet, Ltd. | 18,051 | 60,124 | |||
Gulf Oil Lubricants India, Ltd. | 1,134 | 7,879 | |||
Happiest Minds Technologies, Ltd. | 1,755 | 19,673 | |||
Hatsun Agro Product, Ltd. | 2,985 | 43,222 | |||
Havells India, Ltd. | 3,347 | 55,990 | |||
HBL Power Systems, Ltd. | 13,697 | 44,034 | |||
HCL Technologies, Ltd. | 19,588 | 277,778 | |||
HDFC Asset Management Company, Ltd. (B) | 2,139 | 64,519 | |||
HDFC Bank, Ltd. | 50,990 | 968,956 | |||
HDFC Life Insurance Company, Ltd. (B) | 3,030 | 23,625 | |||
HealthCare Global Enterprises, Ltd. (A) | 4,706 | 20,039 | |||
HEG, Ltd. | 690 | 14,621 | |||
HeidelbergCement India, Ltd. | 5,347 | 12,102 | |||
Heritage Foods, Ltd. | 2,446 | 7,444 | |||
Hero MotoCorp, Ltd. | 3,824 | 134,799 | |||
HFCL, Ltd. | 27,725 | 25,405 | |||
Hikal, Ltd. | 4,873 | 17,366 | |||
HIL, Ltd. | 253 | 9,212 | |||
Himadri Speciality Chemical, Ltd. | 8,292 | 22,518 | |||
Hindalco Industries, Ltd. | 39,095 | 217,354 | |||
Hinduja Global Solutions, Ltd. | 853 | 10,377 | |||
Hindustan Aeronautics, Ltd. | 1,685 | 79,534 | |||
Hindustan Construction Company, Ltd. (A) | 62,155 | 21,751 | |||
Hindustan Copper, Ltd. | 7,650 | 14,653 | |||
Hindustan Petroleum Corp., Ltd. (A) | 13,330 | 39,925 | |||
Hindustan Unilever, Ltd. | 6,800 | 206,192 | |||
Hitachi Energy India, Ltd. | 410 | 21,706 | |||
Hle Glascoat, Ltd. (A) | 1,545 | 10,874 | |||
Honeywell Automation India, Ltd. | 22 | 10,490 | |||
I G Petrochemicals, Ltd. | 1,432 | 8,751 |
37 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
ICICI Bank, Ltd. | 68,453 | $791,124 | |||
ICICI Bank, Ltd., ADR | 1,674 | 38,787 | |||
ICICI Lombard General Insurance Company, Ltd. (B) | 4,574 | 72,355 | |||
ICICI Prudential Life Insurance Company, Ltd. (B) | 4,759 | 32,265 | |||
ICICI Securities, Ltd. (B) | 5,018 | 37,872 | |||
ICRA, Ltd. | 286 | 19,682 | |||
IDFC First Bank, Ltd. (A) | 79,973 | 91,897 | |||
IDFC, Ltd. | 60,709 | 89,467 | |||
IIFL Finance, Ltd. | 11,461 | 84,205 | |||
IIFL Securities, Ltd. | 25,293 | 24,694 | |||
India Glycols, Ltd. | 1,050 | 9,620 | |||
Indiabulls Housing Finance, Ltd. (A) | 11,122 | 26,578 | |||
Indiabulls Real Estate, Ltd. (A) | 22,443 | 21,592 | |||
Indian Bank | 7,502 | 34,396 | |||
Indian Energy Exchange, Ltd. (B) | 15,714 | 23,976 | |||
Indian Oil Corp., Ltd. | 37,365 | 40,143 | |||
Indian Overseas Bank (A) | 89,244 | 32,965 | |||
Indian Railway Catering & Tourism Corp., Ltd. | 3,902 | 31,711 | |||
Indian Railway Finance Corp., Ltd. (B) | 58,425 | 35,357 | |||
Indo Count Industries, Ltd. | 5,802 | 17,155 | |||
Indoco Remedies, Ltd. | 2,184 | 8,326 | |||
Indraprastha Gas, Ltd. | 4,812 | 27,088 | |||
Indus Towers, Ltd. (A) | 32,262 | 68,241 | |||
IndusInd Bank, Ltd. | 6,467 | 107,604 | |||
Infibeam Avenues, Ltd. (A) | 7,848 | 1,369 | |||
Info Edge India, Ltd. | 979 | 51,164 | |||
Infosys, Ltd. | 73,259 | 1,270,445 | |||
Ingersoll Rand India, Ltd. | 449 | 17,514 | |||
Intellect Design Arena, Ltd. | 4,460 | 39,506 | |||
InterGlobe Aviation, Ltd. (A)(B) | 1,609 | 47,348 | |||
IOL Chemicals and Pharmaceuticals, Ltd. | 2,378 | 12,484 | |||
Ipca Laboratories, Ltd. | 5,746 | 60,662 | |||
IRB Infrastructure Developers, Ltd. | 79,840 | 27,318 | |||
ISGEC Heavy Engineering, Ltd. | 1,756 | 14,626 | |||
ITC, Ltd. | 75,338 | 399,739 | |||
ITI, Ltd. (A) | 7,849 | 11,332 | |||
J Kumar Infraprojects, Ltd. | 3,610 | 17,980 | |||
Jaiprakash Power Ventures, Ltd. (A) | 246,265 | 23,909 | |||
Jamna Auto Industries, Ltd. | 8,736 | 12,636 | |||
JB Chemicals & Pharmaceuticals, Ltd. | 1,561 | 52,420 | |||
JBM Auto, Ltd. | 574 | 10,461 | |||
Jindal Saw, Ltd. | 6,447 | 27,467 | |||
Jindal Stainless, Ltd. | 31,849 | 176,616 | |||
Jindal Steel & Power, Ltd. | 16,674 | 137,745 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 38 |
Shares | Value | ||||
India (continued) | |||||
Jio Financial Services, Ltd. (A) | 30,170 | $87,464 | |||
JK Cement, Ltd. | 1,466 | 58,099 | |||
JK Lakshmi Cement, Ltd. | 1,846 | 15,057 | |||
JK Paper, Ltd. | 7,345 | 32,486 | |||
JK Tyre & Industries, Ltd. | 5,594 | 18,270 | |||
JM Financial, Ltd. | 20,631 | 19,610 | |||
Johnson Controls-Hitachi Air Conditioning India, Ltd. (A) | 126 | 1,920 | |||
JSW Energy, Ltd. | 12,147 | 51,346 | |||
JSW Steel, Ltd. | 13,371 | 125,901 | |||
Jubilant Foodworks, Ltd. | 11,928 | 73,786 | |||
Jubilant Ingrevia, Ltd. | 4,911 | 30,609 | |||
Jubilant Pharmova, Ltd. | 4,250 | 24,238 | |||
Jyothy Labs, Ltd. | 3,881 | 16,361 | |||
Kajaria Ceramics, Ltd. | 3,087 | 54,917 | |||
Kalpataru Projects International, Ltd. | 4,585 | 36,448 | |||
Kansai Nerolac Paints, Ltd. | 10,595 | 42,281 | |||
Kaveri Seed Company, Ltd. (A) | 1,406 | 9,247 | |||
KEC International, Ltd. | 5,101 | 41,372 | |||
KEI Industries, Ltd. | 2,534 | 82,624 | |||
Kennametal India, Ltd. | 385 | 13,180 | |||
Kesoram Industries, Ltd. (A) | 22,225 | 24,410 | |||
Kirloskar Brothers, Ltd. | 1,081 | 10,721 | |||
Kirloskar Ferrous Industries, Ltd. | 3,950 | 22,719 | |||
Kirloskar Oil Engines, Ltd. | 5,185 | 30,464 | |||
KNR Constructions, Ltd. | 10,900 | 36,315 | |||
Kotak Mahindra Bank, Ltd. | 12,735 | 270,420 | |||
Kovai Medical Center and Hospital | 325 | 10,590 | |||
KPIT Technologies, Ltd. | 7,331 | 103,935 | |||
KPR Mill, Ltd. | 3,672 | 33,559 | |||
KRBL, Ltd. | 3,905 | 18,978 | |||
KSB, Ltd. | 308 | 10,400 | |||
L&T Finance Holdings, Ltd. | 22,468 | 33,895 | |||
L&T Technology Services, Ltd. (B) | 854 | 45,323 | |||
Lakshmi Machine Works, Ltd. | 116 | 21,495 | |||
Larsen & Toubro, Ltd. | 9,733 | 319,124 | |||
Laurus Labs, Ltd. (B) | 11,341 | 54,491 | |||
LG Balakrishnan & Bros, Ltd. | 1,069 | 13,878 | |||
LIC Housing Finance, Ltd. | 15,156 | 77,578 | |||
Linde India, Ltd. | 419 | 31,788 | |||
LT Foods, Ltd. | 10,845 | 21,631 | |||
LTIMindtree, Ltd. (B) | 1,631 | 102,986 | |||
Lumax Auto Technologies, Ltd. | 3,419 | 15,475 | |||
Lupin, Ltd. | 3,718 | 49,004 | |||
LUX Industries, Ltd. (A) | 400 | 7,149 |
39 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Mahanagar Gas, Ltd. | 2,409 | $29,691 | |||
Maharashtra Seamless, Ltd. | 2,618 | 17,060 | |||
Mahindra & Mahindra Financial Services, Ltd. | 11,444 | 41,269 | |||
Mahindra & Mahindra, Ltd. | 16,748 | 318,906 | |||
Mahindra Holidays & Resorts India, Ltd. (A) | 3,229 | 15,453 | |||
Mahindra Lifespace Developers, Ltd. | 3,324 | 22,861 | |||
Mahindra Logistics, Ltd. (B) | 2,513 | 11,828 | |||
Maithan Alloys, Ltd. | 893 | 10,994 | |||
Manappuram Finance, Ltd. | 27,016 | 50,312 | |||
Mangalam Cement, Ltd. | 2,535 | 10,534 | |||
Mangalore Refinery & Petrochemicals, Ltd. (A) | 16,715 | 19,200 | |||
Marico, Ltd. | 14,374 | 99,672 | |||
Marksans Pharma, Ltd. | 20,609 | 28,085 | |||
Maruti Suzuki India, Ltd. | 448 | 54,081 | |||
MAS Financial Services, Ltd. (B) | 338 | 3,330 | |||
Mastek, Ltd. | 812 | 23,369 | |||
Max Financial Services, Ltd. (A) | 1,846 | 20,724 | |||
Max Healthcare Institute, Ltd. (A) | 7,764 | 55,079 | |||
Mayur Uniquoters, Ltd. | 1,222 | 8,265 | |||
Meghmani Finechem, Ltd. | 811 | 9,827 | |||
Meghmani Organics, Ltd. | 8,623 | 8,650 | |||
Metropolis Healthcare, Ltd. (B) | 1,819 | 29,513 | |||
Minda Corp., Ltd. | 8,375 | 33,021 | |||
Mishra Dhatu Nigam, Ltd. (B) | 2,117 | 10,473 | |||
MOIL, Ltd. | 4,627 | 13,355 | |||
Monte Carlo Fashions, Ltd. | 1,305 | 11,849 | |||
Motherson Sumi Wiring India, Ltd. | 37,832 | 28,415 | |||
Motilal Oswal Financial Services, Ltd. | 2,377 | 26,452 | |||
Mphasis, Ltd. | 1,987 | 58,081 | |||
MRF, Ltd. | 31 | 40,659 | |||
Mrs. Bectors Food Specialities, Ltd. | 902 | 11,657 | |||
Multi Commodity Exchange of India, Ltd. | 573 | 11,638 | |||
Muthoot Finance, Ltd. | 4,445 | 67,616 | |||
Narayana Hrudayalaya, Ltd. | 3,215 | 40,457 | |||
Natco Pharma, Ltd. | 2,708 | 29,874 | |||
National Aluminium Company, Ltd. | 63,721 | 72,366 | |||
Nava, Ltd. | 3,801 | 19,263 | |||
Navin Fluorine International, Ltd. | 679 | 37,792 | |||
Navneet Education, Ltd. | 6,879 | 12,801 | |||
NBCC India, Ltd. | 20,368 | 12,669 | |||
NCC, Ltd. | 22,228 | 46,276 | |||
NESCO, Ltd. | 1,774 | 15,502 | |||
Nestle India, Ltd. | 671 | 178,109 | |||
Neuland Laboratories, Ltd. | 633 | 28,817 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 40 |
Shares | Value | ||||
India (continued) | |||||
Newgen Software Technologies, Ltd. | 4,087 | $41,181 | |||
NHPC, Ltd. | 49,668 | 30,165 | |||
NIIT Learning Systems, Ltd. (A) | 4,498 | 20,655 | |||
NIIT, Ltd. (A) | 4,498 | 4,401 | |||
Nilkamal, Ltd. | 400 | 11,906 | |||
Nippon Life India Asset Management, Ltd. (B) | 4,760 | 17,933 | |||
NLC India, Ltd. | 11,055 | 17,343 | |||
NMDC Steel, Ltd. (A) | 25,624 | 17,508 | |||
NMDC, Ltd. | 25,624 | 38,099 | |||
NOCIL, Ltd. | 4,078 | 11,103 | |||
NTPC, Ltd. | 63,667 | 168,501 | |||
Nuvama Wealth Management, Ltd. (A)(C) | 297 | 10,171 | |||
Oberoi Realty, Ltd. | 2,438 | 33,043 | |||
Oil & Natural Gas Corp., Ltd. | 33,290 | 69,901 | |||
Oil India, Ltd. | 11,025 | 36,273 | |||
One 97 Communications, Ltd. (A) | 2,445 | 25,149 | |||
Oracle Financial Services Software, Ltd. | 966 | 47,870 | |||
Orient Cement, Ltd. | 11,602 | 27,021 | |||
Orient Electric, Ltd. | 5,114 | 14,753 | |||
Page Industries, Ltd. | 144 | 69,885 | |||
Paisalo Digital, Ltd. | 12,720 | 9,318 | |||
Parag Milk Foods, Ltd. (A)(B) | 3,025 | 7,100 | |||
PCBL, Ltd. | 12,844 | 27,129 | |||
Persistent Systems, Ltd. | 1,417 | 91,964 | |||
Petronet LNG, Ltd. | 31,783 | 82,602 | |||
Pfizer, Ltd. | 613 | 28,296 | |||
PI Industries, Ltd. | 941 | 41,143 | |||
Pidilite Industries, Ltd. | 1,910 | 57,767 | |||
Piramal Enterprises, Ltd. | 4,632 | 58,971 | |||
Piramal Pharma, Ltd. (A) | 11,725 | 14,535 | |||
Piramal Pharma, Ltd., Rights Offering (A) | 1,149 | 1,426 | |||
PNB Housing Finance, Ltd. (A)(B) | 5,066 | 39,904 | |||
PNC Infratech, Ltd. | 3,706 | 14,857 | |||
Poly Medicure, Ltd. | 1,086 | 19,242 | |||
Polycab India, Ltd. | 1,510 | 93,237 | |||
Polyplex Corp., Ltd. | 1,121 | 16,468 | |||
Power Finance Corp., Ltd. | 52,704 | 164,278 | |||
Power Grid Corp. of India, Ltd. | 46,280 | 136,933 | |||
Praj Industries, Ltd. | 5,641 | 33,711 | |||
Prakash Industries, Ltd. (A) | 13,616 | 18,949 | |||
Prestige Estates Projects, Ltd. | 5,735 | 44,104 | |||
Pricol, Ltd. (A) | 5,701 | 23,391 | |||
Prince Pipes & Fittings, Ltd. | 1,195 | 10,340 | |||
Prism Johnson, Ltd. (A) | 8,573 | 13,356 |
41 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Privi Speciality Chemicals, Ltd. | 266 | $3,741 | |||
Procter & Gamble Health, Ltd. | 219 | 12,904 | |||
Procter & Gamble Hygiene & Health Care, Ltd. | 209 | 40,230 | |||
PTC India, Ltd. | 18,544 | 31,185 | |||
Punjab National Bank | 48,156 | 36,541 | |||
PVR Inox, Ltd. (A) | 2,798 | 60,436 | |||
Quess Corp., Ltd. (B) | 3,110 | 16,097 | |||
Radico Khaitan, Ltd. | 2,172 | 33,165 | |||
Rain Industries, Ltd. | 8,295 | 16,260 | |||
Rajesh Exports, Ltd. | 2,147 | 12,959 | |||
Rallis India, Ltd. | 4,796 | 13,588 | |||
Ramkrishna Forgings, Ltd. | 7,199 | 63,010 | |||
Rashtriya Chemicals & Fertilizers, Ltd. | 12,255 | 18,003 | |||
Ratnamani Metals & Tubes, Ltd. | 1,132 | 35,971 | |||
Raymond, Ltd. | 2,169 | 52,312 | |||
RBL Bank, Ltd. (B) | 17,612 | 50,605 | |||
REC, Ltd. | 67,596 | 194,171 | |||
Redington, Ltd. | 35,936 | 68,213 | |||
Redtape, Ltd. (A) | 4,058 | 23,038 | |||
Relaxo Footwears, Ltd. | 1,337 | 14,284 | |||
Reliance Industrial Infrastructure, Ltd. | 1,517 | 18,637 | |||
Reliance Industries, Ltd. | 30,170 | 876,834 | |||
Reliance Infrastructure, Ltd. (A) | 6,026 | 13,570 | |||
Reliance Power, Ltd. (A) | 134,173 | 31,102 | |||
Repco Home Finance, Ltd. | 3,673 | 17,287 | |||
Rhi Magnesita India, Ltd. | 1,053 | 9,157 | |||
RITES, Ltd. | 3,309 | 19,974 | |||
RSWM, Ltd. | 5,936 | 15,150 | |||
Safari Industries India, Ltd. | 736 | 32,384 | |||
Samvardhana Motherson International, Ltd. | 80,479 | 92,893 | |||
Sanofi India, Ltd. | 330 | 28,285 | |||
Sarda Energy & Minerals, Ltd. | 6,700 | 18,452 | |||
Saregama India, Ltd. | 2,286 | 10,951 | |||
SBI Cards & Payment Services, Ltd. | 4,759 | 46,879 | |||
SBI Life Insurance Company, Ltd. (B) | 2,110 | 33,056 | |||
Schaeffler India, Ltd. | 1,021 | 37,708 | |||
Sequent Scientific, Ltd. (A) | 6,725 | 7,531 | |||
Seshasayee Paper & Boards, Ltd. | 2,415 | 9,179 | |||
SH Kelkar & Company, Ltd. (B) | 2,917 | 5,760 | |||
Sharda Cropchem, Ltd. | 1,304 | 7,120 | |||
Sheela Foam, Ltd. (A) | 1,064 | 14,422 | |||
Shilpa Medicare, Ltd. | 1,871 | 8,353 | |||
Shipping Corp. of India Land & Assets, Ltd. (A)(C) | 15,670 | 5,120 | |||
Shipping Corp. of India, Ltd. | 15,670 | 24,518 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 42 |
Shares | Value | ||||
India (continued) | |||||
Shoppers Stop, Ltd. (A) | 2,741 | $24,114 | |||
Shree Cement, Ltd. | 104 | 29,886 | |||
Shree Renuka Sugars, Ltd. (A) | 35,331 | 19,844 | |||
Shriram Finance, Ltd. | 8,065 | 187,396 | |||
Siemens, Ltd. | 933 | 44,203 | |||
SIS, Ltd. (A) | 2,444 | 13,881 | |||
Siyaram Silk Mills, Ltd. | 2,626 | 16,886 | |||
SKF India, Ltd. | 758 | 47,588 | |||
Sobha, Ltd. | 2,447 | 18,072 | |||
Solar Industries India, Ltd. | 775 | 45,609 | |||
Somany Ceramics, Ltd. | 1,288 | 11,190 | |||
Sonata Software, Ltd. | 3,489 | 43,511 | |||
SRF, Ltd. | 5,156 | 146,837 | |||
Star Cement, Ltd. (A) | 7,528 | 14,274 | |||
State Bank of India | 21,389 | 145,064 | |||
State Bank of India, GDR | 1,310 | 88,471 | |||
Steel Authority of India, Ltd. | 31,883 | 34,894 | |||
Sterlite Technologies, Ltd. | 5,984 | 12,397 | |||
Strides Pharma Science, Ltd. | 1,444 | 7,699 | |||
Styrenix Performance Materials, Ltd. | 1,775 | 23,727 | |||
Subex, Ltd. (A) | 34,640 | 15,050 | |||
Sudarshan Chemical Industries, Ltd. | 1,793 | 10,948 | |||
Sumitomo Chemical India, Ltd. | 2,769 | 14,752 | |||
Sun Pharmaceutical Industries, Ltd. | 7,726 | 103,723 | |||
Sun TV Network, Ltd. | 6,993 | 52,166 | |||
Sundaram Finance Holdings, Ltd. | 10,043 | 15,008 | |||
Sundaram Finance, Ltd. | 2,061 | 64,729 | |||
Sundaram-Clayton, Ltd. (A)(C) | 333 | 4,108 | |||
Sundram Fasteners, Ltd. | 4,560 | 69,485 | |||
Sunteck Realty, Ltd. | 3,702 | 16,179 | |||
Suprajit Engineering, Ltd. | 1,533 | 7,853 | |||
Supreme Industries, Ltd. | 1,626 | 91,285 | |||
Supreme Petrochem, Ltd. | 3,930 | 23,503 | |||
Surya Roshni, Ltd. | 1,320 | 15,165 | |||
Suven Pharmaceuticals, Ltd. | 3,709 | 23,101 | |||
Suzlon Energy, Ltd. (A) | 211,428 | 62,660 | |||
Symphony, Ltd. | 1,045 | 11,081 | |||
Syngene International, Ltd. (B) | 5,386 | 50,406 | |||
Tamil Nadu Newsprint & Papers, Ltd. | 4,436 | 13,380 | |||
Tamilnadu Petroproducts, Ltd. | 8,594 | 9,286 | |||
Tanla Platforms, Ltd. | 1,960 | 23,115 | |||
Tata Chemicals, Ltd. | 4,660 | 59,644 | |||
Tata Coffee, Ltd. | 3,642 | 10,781 | |||
Tata Communications, Ltd. | 2,825 | 61,329 |
43 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
India (continued) | |||||
Tata Consultancy Services, Ltd. | 13,739 | $557,179 | |||
Tata Consumer Products, Ltd. | 2,618 | 26,450 | |||
Tata Elxsi, Ltd. | 864 | 75,558 | |||
Tata Metaliks, Ltd. | 1,562 | 17,371 | |||
Tata Motors, Ltd. | 42,437 | 308,164 | |||
Tata Steel, Ltd. | 234,691 | 350,033 | |||
TCI Express, Ltd. | 501 | 8,483 | |||
TeamLease Services, Ltd. (A) | 404 | 11,900 | |||
Tech Mahindra, Ltd. | 15,486 | 224,933 | |||
Techno Electric & Engineering Company, Ltd. | 4,863 | 31,414 | |||
Tejas Networks, Ltd. (A)(B) | 1,526 | 16,064 | |||
The Great Eastern Shipping Company, Ltd. | 5,963 | 55,003 | |||
The India Cements, Ltd. | 6,706 | 19,223 | |||
The Indian Hotels Company, Ltd. | 10,357 | 52,685 | |||
The Jammu & Kashmir Bank, Ltd. | 18,203 | 19,620 | |||
The Karnataka Bank, Ltd. | 11,008 | 29,479 | |||
The Karur Vysya Bank, Ltd. | 23,642 | 34,520 | |||
The Phoenix Mills, Ltd. | 3,443 | 74,813 | |||
The Ramco Cements, Ltd. | 4,331 | 45,117 | |||
The South Indian Bank, Ltd. | 46,489 | 13,040 | |||
The Tata Power Company, Ltd. | 23,656 | 70,297 | |||
The Tinplate Company of India, Ltd. | 2,180 | 10,156 | |||
Thermax, Ltd. | 1,264 | 42,337 | |||
Thirumalai Chemicals, Ltd. | 5,147 | 14,261 | |||
Thomas Cook India, Ltd. | 8,758 | 12,160 | |||
Thyrocare Technologies, Ltd. (B) | 792 | 5,185 | |||
Time Technoplast, Ltd. | 8,084 | 14,439 | |||
Timken India, Ltd. | 647 | 25,631 | |||
Titan Company, Ltd. | 5,311 | 199,494 | |||
Torrent Pharmaceuticals, Ltd. | 2,834 | 63,133 | |||
Torrent Power, Ltd. | 5,386 | 42,707 | |||
TransIndia Real Estate, Ltd. (A) | 2,220 | 936 | |||
Transport Corp. of India, Ltd. | 1,175 | 11,500 | |||
Trent, Ltd. | 2,939 | 72,868 | |||
Trident, Ltd. | 101,374 | 44,770 | |||
Triveni Engineering & Industries, Ltd. | 6,709 | 25,475 | |||
TTK Prestige, Ltd. | 1,582 | 15,016 | |||
Tube Investments of India, Ltd. | 3,028 | 105,065 | |||
TV Today Network, Ltd. | 4,230 | 11,437 | |||
TV18 Broadcast, Ltd. (A) | 11,410 | 6,641 | |||
TVS Holdings, Ltd. | 333 | 20,665 | |||
TVS Motor Company, Ltd. | 1,308 | 22,515 | |||
Uflex, Ltd. | 1,548 | 8,893 | |||
Ujjivan Financial Services, Ltd. | 9,128 | 53,438 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 44 |
Shares | Value | ||||
India (continued) | |||||
UltraTech Cement, Ltd. | 1,374 | $137,894 | |||
Union Bank of India, Ltd. | 31,080 | 32,235 | |||
United Breweries, Ltd. | 1,013 | 18,543 | |||
United Spirits, Ltd. (A) | 4,257 | 51,885 | |||
UNO Minda, Ltd. | 5,940 | 43,204 | |||
UPL, Ltd. | 19,026 | 135,963 | |||
Usha Martin, Ltd. | 10,702 | 45,454 | |||
UTI Asset Management Company, Ltd. | 2,205 | 19,853 | |||
VA Tech Wabag, Ltd. (A) | 1,854 | 11,117 | |||
Vaibhav Global, Ltd. | 4,525 | 24,151 | |||
Vakrangee, Ltd. | 23,506 | 4,396 | |||
Vardhman Textiles, Ltd. (A) | 7,427 | 35,053 | |||
Varroc Engineering, Ltd. (A)(B) | 2,559 | 13,067 | |||
Varun Beverages, Ltd. | 10,414 | 113,427 | |||
Vedanta, Ltd. | 27,910 | 78,171 | |||
Venky’s India, Ltd. | 488 | 11,685 | |||
Vesuvius India, Ltd. | 256 | 10,373 | |||
V-Guard Industries, Ltd. | 5,667 | 21,594 | |||
Vinati Organics, Ltd. | 1,364 | 30,486 | |||
Vindhya Telelinks, Ltd. | 901 | 23,860 | |||
VIP Industries, Ltd. | 2,311 | 18,645 | |||
Visaka Industries, Ltd. | 7,690 | 8,683 | |||
VL E-Governance & IT Solutions, Ltd. (A) | 2,350 | 1,063 | |||
V-Mart Retail, Ltd. (A) | 347 | 9,428 | |||
Vodafone Idea, Ltd. (A) | 299,762 | 32,927 | |||
Voltamp Transformers, Ltd. | 351 | 23,962 | |||
Voltas, Ltd. | 3,595 | 37,802 | |||
VRL Logistics, Ltd. | 1,532 | 12,444 | |||
VST Industries, Ltd. | 252 | 11,138 | |||
VST Tillers Tractors, Ltd. | 424 | 18,897 | |||
Welspun Corp., Ltd. | 6,625 | 26,156 | |||
Welspun Enterprises, Ltd. | 4,665 | 15,650 | |||
Welspun India, Ltd. | 19,448 | 29,257 | |||
West Coast Paper Mills, Ltd. | 2,240 | 15,813 | |||
Westlife Foodworld, Ltd. | 1,598 | 18,109 | |||
Wipro, Ltd. | 30,979 | 153,175 | |||
Wockhardt, Ltd. (A) | 3,695 | 10,607 | |||
Yes Bank, Ltd. (A) | 94,414 | 19,150 | |||
Zee Entertainment Enterprises, Ltd. | 36,125 | 114,605 | |||
Zee Media Corp., Ltd. (A) | 59,624 | 8,536 | |||
Zensar Technologies, Ltd. | 4,737 | 30,266 | |||
Zomato, Ltd. (A) | 31,233 | 37,129 | |||
Zydus Lifesciences, Ltd. | 4,995 | 37,704 | |||
Zydus Wellnes, Ltd. | 583 | 11,530 |
45 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Indonesia 2.2% | $3,810,082 | ||||
ABM Investama Tbk PT | 16,100 | 4,142 | |||
Ace Hardware Indonesia Tbk PT | 416,900 | 19,977 | |||
Adaro Energy Indonesia Tbk PT | 544,200 | 95,337 | |||
Adi Sarana Armada Tbk PT (A) | 48,100 | 3,109 | |||
AKR Corporindo Tbk PT | 325,500 | 29,906 | |||
Alam Sutera Realty Tbk PT (A) | 750,400 | 9,016 | |||
Aneka Tambang Tbk | 220,654 | 28,787 | |||
Arwana Citramulia Tbk PT | 400,400 | 19,848 | |||
Astra Agro Lestari Tbk PT | 44,600 | 22,241 | |||
Astra International Tbk PT | 387,600 | 163,995 | |||
Asuransi Maximus Graha Persada Tbk PT (A) | 277,300 | 910 | |||
Bakrie Telecom Tbk PT (A)(C) | 22,579,900 | 37,065 | |||
Bank BTPN Syariah Tbk PT | 232,600 | 32,979 | |||
Bank Bukopin Tbk PT (A) | 1,585,300 | 10,097 | |||
Bank Central Asia Tbk PT | 665,100 | 400,394 | |||
Bank Jago Tbk PT (A) | 19,400 | 2,966 | |||
Bank Mandiri Persero Tbk PT | 778,084 | 307,684 | |||
Bank Mayapada International Tbk PT (A) | 212,800 | 6,707 | |||
Bank MNC Internasional Tbk PT (A) | 1,272,000 | 7,016 | |||
Bank Negara Indonesia Persero Tbk PT | 107,203 | 64,558 | |||
Bank OCBC Nisp Tbk PT | 201,100 | 14,785 | |||
Bank Pan Indonesia Tbk PT (A) | 191,900 | 16,445 | |||
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT | 117,300 | 9,126 | |||
Bank Pembangunan Daerah Jawa Timur Tbk PT | 431,100 | 18,542 | |||
Bank Rakyat Indonesia Persero Tbk PT | 736,227 | 268,205 | |||
Bank Syariah Indonesia Tbk PT | 309,215 | 34,713 | |||
Bank Tabungan Negara Persero Tbk PT | 252,723 | 20,819 | |||
Barito Pacific Tbk PT | 327,768 | 23,025 | |||
BFI Finance Indonesia Tbk PT | 444,100 | 34,980 | |||
BISI International Tbk PT | 323,000 | 32,868 | |||
Buana Lintas Lautan Tbk PT (A) | 605,600 | 3,897 | |||
Bukit Asam Tbk PT | 184,700 | 34,663 | |||
Bumi Resources Minerals Tbk PT (A) | 1,445,300 | 18,499 | |||
Bumi Resources Tbk PT (A) | 2,090,700 | 18,945 | |||
Bumi Serpong Damai Tbk PT (A) | 427,200 | 31,828 | |||
Bumi Teknokultura Unggul Tbk PT (A) | 1,489,900 | 4,891 | |||
Capital Financial Indonesia Tbk PT (A) | 369,300 | 15,397 | |||
Charoen Pokphand Indonesia Tbk PT (A) | 70,220 | 23,854 | |||
Ciputra Development Tbk PT | 455,461 | 34,092 | |||
Citra Marga Nusaphala Persada Tbk PT (A) | 302,662 | 32,212 | |||
City Retail Developments Tbk PT (A) | 1,918,900 | 17,616 | |||
Delta Dunia Makmur Tbk PT | 278,000 | 7,517 | |||
Dharma Satya Nusantara Tbk PT | 539,000 | 21,056 | |||
Elang Mahkota Teknologi Tbk PT | 178,800 | 6,687 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 46 |
Shares | Value | ||||
Indonesia (continued) | |||||
Erajaya Swasembada Tbk PT | 459,100 | $14,633 | |||
Garudafood Putra Putri Jaya Tbk PT | 598,700 | 16,823 | |||
Gudang Garam Tbk PT | 19,843 | 31,328 | |||
Hanson International Tbk PT (A)(C) | 4,000,200 | 13,133 | |||
Harum Energy Tbk PT | 261,700 | 26,787 | |||
Impack Pratama Industri Tbk PT | 906,900 | 19,175 | |||
Indah Kiat Pulp & Paper Tbk PT | 98,200 | 58,646 | |||
Indika Energy Tbk PT | 129,600 | 17,008 | |||
Indo Tambangraya Megah Tbk PT | 29,000 | 55,048 | |||
Indocement Tunggal Prakarsa Tbk PT | 39,800 | 27,958 | |||
Indofood CBP Sukses Makmur Tbk PT | 37,500 | 27,581 | |||
Indofood Sukses Makmur Tbk PT | 85,600 | 39,883 | |||
Indomobil Sukses Internasional Tbk PT | 56,500 | 6,696 | |||
Indosat Tbk PT | 29,500 | 18,593 | |||
Industri Jamu Dan Farmasi Sido Muncul Tbk PT | 526,100 | 21,416 | |||
Inovisi Infracom Tbk PT (A)(C) | 671,012 | 123 | |||
Japfa Comfeed Indonesia Tbk PT | 311,000 | 26,326 | |||
Jasa Marga Persero Tbk PT | 125,300 | 35,359 | |||
Kalbe Farma Tbk PT | 242,400 | 28,839 | |||
Kapuas Prima Coal Tbk PT (A) | 551,200 | 1,810 | |||
Lippo Karawaci Tbk PT (A) | 1,947,337 | 12,523 | |||
Map Aktif Adiperkasa PT | 435,000 | 23,136 | |||
Matahari Department Store Tbk PT | 67,300 | 11,488 | |||
Mayora Indah Tbk PT | 103,900 | 17,871 | |||
MD Pictures Tbk PT (A) | 83,900 | 19,341 | |||
Medco Energi Internasional Tbk PT | 376,992 | 26,491 | |||
Media Nusantara Citra Tbk PT | 365,800 | 12,609 | |||
Medikaloka Hermina Tbk PT | 277,500 | 25,483 | |||
Merdeka Copper Gold Tbk PT (A) | 59,444 | 13,176 | |||
Metro Healthcare Indonesia Tbk PT (A) | 53,800 | 1,819 | |||
Metrodata Electronics Tbk PT | 480,800 | 16,572 | |||
Mitra Adiperkasa Tbk PT | 359,500 | 45,689 | |||
Mitra Keluarga Karyasehat Tbk PT | 151,700 | 28,200 | |||
MNC Digital Entertainment Tbk PT (A) | 36,600 | 8,867 | |||
Pabrik Kertas Tjiwi Kimia Tbk PT | 41,200 | 21,095 | |||
Pacific Strategic Financial Tbk PT (A) | 134,200 | 9,781 | |||
Pakuwon Jati Tbk PT | 592,000 | 17,482 | |||
Paninvest Tbk PT (A) | 99,900 | 6,920 | |||
Perusahaan Gas Negara Tbk PT | 332,800 | 30,024 | |||
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT | 237,500 | 15,902 | |||
Pool Advista Indonesia Tbk PT (A)(C) | 37,300 | 122 | |||
PP Persero Tbk PT (A) | 214,287 | 8,158 | |||
Puradelta Lestari Tbk PT | 506,700 | 5,824 | |||
Ramayana Lestari Sentosa Tbk PT | 152,300 | 5,650 |
47 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Indonesia (continued) | |||||
Rimo International Lestari Tbk PT (A)(C) | 2,464,700 | $8,092 | |||
Sampoerna Agro Tbk PT | 618,600 | 84,467 | |||
Samudera Indonesia Tbk PT | 787,500 | 18,606 | |||
Sarana Menara Nusantara Tbk PT | 792,800 | 53,611 | |||
Sawit Sumbermas Sarana Tbk PT | 130,600 | 10,546 | |||
Selamat Sempurna Tbk PT | 99,900 | 13,382 | |||
Semen Indonesia Persero Tbk PT | 99,411 | 44,360 | |||
Siloam International Hospitals Tbk PT | 152,000 | 19,662 | |||
Sinar Mas Multiartha Tbk PT (A) | 37,000 | 31,323 | |||
Sri Rejeki Isman Tbk PT (A)(C) | 937,100 | 8,983 | |||
Sugih Energy Tbk PT (A)(C) | 8,409,300 | 27,608 | |||
Sumber Alfaria Trijaya Tbk PT | 358,800 | 68,376 | |||
Summarecon Agung Tbk PT | 388,947 | 17,232 | |||
Surya Citra Media Tbk PT | 1,093,500 | 10,625 | |||
Surya Esa Perkasa Tbk PT | 506,900 | 20,126 | |||
Surya Semesta Internusa Tbk PT (A) | 132,900 | 3,298 | |||
Suryainti Permata Tbk PT (A)(C) | 1,802,000 | 0 | |||
Telkom Indonesia Persero Tbk PT | 506,900 | 123,906 | |||
Temas Tbk PT | 643,000 | 7,474 | |||
Tempo Scan Pacific Tbk PT | 65,700 | 7,764 | |||
Timah Tbk PT | 128,900 | 7,696 | |||
Tower Bersama Infrastructure Tbk PT | 190,400 | 26,252 | |||
Trada Alam Minera Tbk PT (A)(C) | 1,919,200 | 4,411 | |||
Transcoal Pacific Tbk PT | 27,200 | 16,165 | |||
Trias Sentosa Tbk PT | 706,000 | 28,500 | |||
Triputra Agro Persada PT | 214,300 | 8,156 | |||
Truba Alam Manunggal Engineering PT (A)(C) | 19,436,000 | 0 | |||
Tunas Baru Lampung Tbk PT | 211,314 | 11,095 | |||
Ultrajaya Milk Industry & Trading Company Tbk PT | 211,100 | 25,157 | |||
Unilever Indonesia Tbk PT | 159,900 | 38,531 | |||
United Tractors Tbk PT | 58,400 | 99,649 | |||
Vale Indonesia Tbk PT | 65,100 | 25,195 | |||
Waskita Beton Precast Tbk PT (A) | 592,800 | 1,948 | |||
Waskita Karya Persero Tbk PT (A)(C) | 458,390 | 3,648 | |||
Wijaya Karya Persero Tbk PT (A) | 178,676 | 4,621 | |||
XL Axiata Tbk PT | 285,377 | 46,833 | |||
Ireland 0.0% | 72,347 | ||||
PDD Holdings, Inc., ADR (A) | 731 | 72,347 | |||
Kuwait 0.5% | 936,409 | ||||
A’ayan Leasing & Investment Company KSCP | 44,074 | 23,135 | |||
Agility Public Warehousing Company KSC (A) | 5,465 | 10,189 | |||
ALAFCO Aviation Lease & Finance Company KSCP (A) | 19,468 | 10,925 | |||
Alimtiaz Investment Group KSC (A) | 65,366 | 14,902 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 48 |
Shares | Value | ||||
Kuwait (continued) | |||||
Arabi Group Holding KSC (A) | 4,732 | $6,414 | |||
Boubyan Bank KSCP | 9,865 | 19,514 | |||
Boursa Kuwait Securities Company KPSC | 6,953 | 44,870 | |||
Burgan Bank SAK | 9,840 | 6,159 | |||
Combined Group Contracting Company SAK | 8,498 | 10,174 | |||
Gulf Bank KSCP | 52,113 | 42,592 | |||
Gulf Cables & Electrical Industries Group Company KSCP | 4,006 | 15,790 | |||
Heavy Engineering & Ship Building Company KSCP | 6,123 | 14,051 | |||
Humansoft Holding Company KSC | 3,637 | 38,072 | |||
Integrated Holding Company KCSC | 10,813 | 14,549 | |||
Jazeera Airways Company KSCP | 3,620 | 19,609 | |||
Kuwait Finance House KSCP | 66,058 | 159,597 | |||
Kuwait Real Estate Company KSC | 40,386 | 21,219 | |||
Kuwait Telecommunications Company | 16,146 | 29,796 | |||
Mabanee Company KPSC | 10,386 | 28,145 | |||
Mezzan Holding Company KSCC | 12,560 | 21,226 | |||
Mobile Telecommunications Company KSCP | 39,406 | 65,183 | |||
National Bank of Kuwait SAKP | 75,494 | 225,285 | |||
National Industries Group Holding SAK | 21,494 | 15,819 | |||
Salhia Real Estate Company KSCP | 19,120 | 29,714 | |||
Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC | 19,026 | 11,964 | |||
Warba Bank KSCP | 57,552 | 37,516 | |||
Malaysia 1.8% | 3,115,229 | ||||
7-Eleven Malaysia Holdings BHD | 7,039 | 2,915 | |||
Aeon Company M BHD | 64,000 | 14,626 | |||
AEON Credit Service M BHD | 5,700 | 13,521 | |||
AFFIN Bank BHD | 22,570 | 9,336 | |||
Alliance Bank Malaysia BHD | 43,600 | 32,442 | |||
Allianz Malaysia BHD | 3,100 | 10,950 | |||
AMMB Holdings BHD | 44,850 | 36,081 | |||
Astro Malaysia Holdings BHD | 97,400 | 10,706 | |||
Axiata Group BHD | 90,707 | 46,159 | |||
Bank Islam Malaysia BHD | 27,500 | 12,392 | |||
Batu Kawan BHD | 10,200 | 44,641 | |||
Berjaya Corp. BHD (A) | 316,900 | 19,464 | |||
Bermaz Auto BHD | 28,600 | 13,800 | |||
Boustead Plantations BHD | 79,560 | 25,767 | |||
British American Tobacco Malaysia BHD | 6,400 | 13,784 | |||
Bumi Armada BHD (A) | 218,000 | 23,977 | |||
Bursa Malaysia BHD | 25,300 | 37,629 | |||
Cahya Mata Sarawak BHD | 29,300 | 7,390 | |||
Carlsberg Brewery Malaysia BHD | 3,600 | 15,691 | |||
CelcomDigi BHD | 43,080 | 40,680 |
49 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Malaysia (continued) | |||||
CIMB Group Holdings BHD | 110,018 | $133,367 | |||
D&O Green Technologies BHD | 21,500 | 16,400 | |||
Dagang NeXchange BHD (A) | 161,600 | 15,700 | |||
Dayang Enterprise Holdings BHD | 35,200 | 13,193 | |||
Dialog Group BHD | 48,660 | 21,482 | |||
DRB-Hicom BHD | 45,900 | 14,255 | |||
Dufu Technology Corp. BHD | 12,500 | 5,039 | |||
Duopharma Biotech BHD | 30,001 | 7,433 | |||
Eco World Development Group BHD | 30,700 | 6,820 | |||
Ekovest BHD (A) | 197,200 | 22,927 | |||
FGV Holdings BHD | 35,000 | 10,295 | |||
Fraser & Neave Holdings BHD | 5,600 | 30,795 | |||
Frontken Corp. BHD | 29,400 | 22,194 | |||
Gamuda BHD | 43,107 | 41,849 | |||
Genetec Technology BHD (A) | 41,400 | 21,259 | |||
Genting BHD | 29,800 | 28,083 | |||
Genting Malaysia BHD | 34,700 | 19,222 | |||
Genting Plantations BHD | 20,400 | 23,620 | |||
Globetronics Technology BHD | 39,686 | 13,607 | |||
Greatech Technology BHD (A) | 17,200 | 16,689 | |||
Guan Chong BHD | 16,900 | 7,596 | |||
HAP Seng Consolidated BHD | 15,839 | 13,662 | |||
Hap Seng Plantations Holdings BHD | 26,500 | 10,728 | |||
Hartalega Holdings BHD | 66,700 | 28,093 | |||
Heineken Malaysia BHD | 5,700 | 29,253 | |||
Hengyuan Refining Company BHD | 24,300 | 16,333 | |||
Hextar Global BHD | 51,000 | 8,302 | |||
Hibiscus Petroleum BHD | 88,200 | 18,153 | |||
Hong Leong Bank BHD | 5,434 | 23,381 | |||
Hong Leong Financial Group BHD | 4,961 | 19,455 | |||
Hong Leong Industries BHD | 5,300 | 10,228 | |||
IGB BHD | 69,823 | 30,997 | |||
IHH Healthcare BHD | 21,200 | 27,088 | |||
IJM Corp. BHD | 92,260 | 35,212 | |||
Inari Amertron BHD | 40,336 | 27,438 | |||
IOI Corp. BHD | 43,100 | 37,447 | |||
IOI Properties Group BHD | 48,571 | 17,051 | |||
JAKS Resources BHD (A) | 114,140 | 4,912 | |||
Keck Seng Malaysia BHD | 65,150 | 62,658 | |||
Kim Loong Resources BHD | 27,200 | 10,793 | |||
Kossan Rubber Industries BHD | 112,900 | 31,394 | |||
KPJ Healthcare BHD | 99,900 | 25,009 | |||
Kuala Lumpur Kepong BHD | 7,405 | 34,390 | |||
Lotte Chemical Titan Holding BHD (A)(B) | 27,367 | 7,238 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 50 |
Shares | Value | ||||
Malaysia (continued) | |||||
LPI Capital BHD | 11,020 | $28,157 | |||
Magnum BHD | 35,653 | 9,140 | |||
Mah Sing Group BHD | 64,500 | 10,979 | |||
Malakoff Corp. BHD | 78,100 | 9,834 | |||
Malayan Banking BHD | 50,278 | 98,695 | |||
Malaysia Airports Holdings BHD | 22,532 | 35,779 | |||
Malaysia Building Society BHD | 76,431 | 12,124 | |||
Malaysia Smelting Corp. BHD | 29,300 | 14,062 | |||
Malaysian Pacific Industries BHD | 2,238 | 13,883 | |||
Malaysian Resources Corp. BHD | 124,363 | 12,066 | |||
Matrix Concepts Holdings BHD | 75,400 | 24,866 | |||
Maxis BHD | 33,685 | 29,121 | |||
Mega First Corp. BHD | 34,200 | 24,498 | |||
MISC BHD | 14,650 | 22,710 | |||
Mr. D.I.Y Group M BHD (B) | 46,700 | 15,600 | |||
Muhibbah Engineering M BHD (A) | 10,300 | 1,631 | |||
My EG Services BHD | 127,981 | 21,917 | |||
Nestle Malaysia BHD | 800 | 22,517 | |||
Oriental Holdings BHD | 7,200 | 9,886 | |||
Padini Holdings BHD | 21,500 | 18,280 | |||
Petron Malaysia Refining & Marketing BHD | 10,000 | 9,653 | |||
Petronas Chemicals Group BHD | 54,800 | 84,098 | |||
Petronas Dagangan BHD | 8,100 | 38,760 | |||
Petronas Gas BHD | 8,300 | 30,604 | |||
PPB Group BHD | 8,900 | 30,149 | |||
Press Metal Aluminium Holdings BHD | 56,500 | 59,060 | |||
Public Bank BHD | 194,800 | 177,566 | |||
QL Resources BHD | 21,735 | 25,330 | |||
RHB Bank BHD | 33,336 | 40,297 | |||
Sam Engineering & Equipment M BHD | 12,000 | 12,159 | |||
Sapura Energy BHD (A) | 592,857 | 6,442 | |||
Sarawak Oil Palms BHD | 11,700 | 6,422 | |||
Scientex BHD | 38,100 | 31,039 | |||
SEG International BHD | 33,942 | 4,789 | |||
Sime Darby BHD | 53,874 | 26,671 | |||
Sime Darby Plantation BHD | 49,714 | 47,177 | |||
Sime Darby Property BHD | 130,274 | 20,644 | |||
SKP Resources BHD | 21,625 | 4,496 | |||
SP Setia BHD Group | 53,308 | 10,583 | |||
Sports Toto BHD | 31,323 | 9,980 | |||
Sunway BHD | 62,777 | 26,930 | |||
Supermax Corp. BHD | 75,160 | 12,319 | |||
Syarikat Takaful Malaysia Keluarga BHD | 29,319 | 23,489 | |||
Ta Ann Holdings BHD | 15,400 | 12,058 |
51 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Malaysia (continued) | |||||
Tan Chong Motor Holdings BHD | 3,800 | $875 | |||
Telekom Malaysia BHD | 16,018 | 17,618 | |||
Tenaga Nasional BHD | 27,700 | 58,750 | |||
Thong Guan Industries BHD | 18,800 | 8,149 | |||
TIME dotCom BHD | 33,120 | 39,301 | |||
Top Glove Corp. BHD (A) | 141,300 | 23,310 | |||
Tropicana Corp. BHD (A) | 44,400 | 11,902 | |||
TSH Resources BHD | 34,100 | 7,568 | |||
Uchi Technologies BHD | 30,300 | 23,465 | |||
UMW Holdings BHD | 14,100 | 14,482 | |||
Unisem M BHD | 19,000 | 13,397 | |||
United Malacca BHD | 29,750 | 32,958 | |||
United Plantations BHD | 4,900 | 16,735 | |||
UWC BHD | 20,500 | 15,471 | |||
Velesto Energy BHD (A) | 250,631 | 12,672 | |||
ViTrox Corp. BHD | 8,400 | 13,725 | |||
VS Industry BHD | 205,700 | 42,596 | |||
Westports Holdings BHD | 20,500 | 15,464 | |||
Yinson Holdings BHD | 61,880 | 33,471 | |||
YTL Corp. BHD | 152,561 | 51,712 | |||
YTL Power International BHD (A) | 48,000 | 22,157 | |||
Mexico 3.2% | 5,599,044 | ||||
ALEATICA SAB de CV (A) | 9,600 | 20,720 | |||
Alfa SAB de CV, Class A | 190,450 | 126,107 | |||
Alpek SAB de CV | 28,981 | 28,521 | |||
Alsea SAB de CV (A) | 18,670 | 65,940 | |||
America Movil SAB de CV (A) | 555,772 | 534,569 | |||
Arca Continental SAB de CV | 6,272 | 61,247 | |||
Banco del Bajio SA (B) | 31,497 | 99,162 | |||
Becle SAB de CV | 11,448 | 30,899 | |||
Bolsa Mexicana de Valores SAB de CV | 16,163 | 32,344 | |||
Cemex SAB de CV, Series CPO (A) | 166,652 | 132,829 | |||
Coca-Cola Femsa SAB de CV | 6,945 | 58,939 | |||
Consorcio ARA SAB de CV | 65,252 | 14,351 | |||
Controladora AXTEL SAB DE CV (A) | 190,450 | 1,999 | |||
Controladora Vuela Cia de Aviacion SAB de CV, Class A (A) | 27,701 | 27,619 | |||
Corp. Inmobiliaria Vesta SAB de CV | 16,677 | 61,659 | |||
Dine SAB de CV | 103,700 | 154,177 | |||
El Puerto de Liverpool SAB de CV, Series C1 | 5,226 | 32,501 | |||
Fomento Economico Mexicano SAB de CV | 15,085 | 168,894 | |||
GCC SAB de CV | 5,743 | 55,128 | |||
Genomma Lab Internacional SAB de CV, Class B | 33,557 | 27,219 | |||
Gentera SAB de CV | 53,833 | 65,576 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 52 |
Shares | Value | ||||
Mexico (continued) | |||||
Gruma SAB de CV, Class B | 2,812 | $46,775 | |||
Grupo Aeroportuario del Centro Norte SAB de CV | 10,715 | 124,272 | |||
Grupo Aeroportuario del Pacifico SAB de CV, ADR | 604 | 110,133 | |||
Grupo Aeroportuario del Pacifico SAB de CV, B Shares | 1,500 | 27,429 | |||
Grupo Aeroportuario del Sureste SAB de CV, ADR | 152 | 41,387 | |||
Grupo Bimbo SAB de CV, Series A | 19,046 | 93,708 | |||
Grupo Carso SAB de CV, Series A1 | 7,409 | 58,566 | |||
Grupo Comercial Chedraui SA de CV | 7,796 | 43,697 | |||
Grupo Elektra SAB de CV | 346 | 23,763 | |||
Grupo Financiero Banorte SAB de CV, Series O | 40,737 | 345,788 | |||
Grupo Financiero Inbursa SAB de CV, Series O (A) | 21,468 | 48,097 | |||
Grupo Gigante SAB de CV (A) | 166,920 | 270,686 | |||
Grupo Herdez SAB de CV | 9,671 | 23,766 | |||
Grupo Hotelero Santa Fe SAB de CV (A) | 83,186 | 19,613 | |||
Grupo Industrial Saltillo SAB de CV | 23,930 | 42,736 | |||
Grupo KUO SAB de CV, Series B | 136,788 | 320,821 | |||
Grupo Mexico SAB de CV, Series B | 52,069 | 248,886 | |||
Grupo Rotoplas SAB de CV (A) | 7,367 | 10,918 | |||
Grupo Simec SAB de CV, Series B (A) | 12,062 | 139,363 | |||
Grupo Televisa SAB, Series CPO | 55,564 | 49,729 | |||
Grupo Traxion SAB de CV (A)(B) | 17,500 | 31,725 | |||
Hoteles City Express SAB de CV (A) | 17,674 | 6,945 | |||
Industrias CH SAB de CV, Series B (A) | 14,379 | 164,456 | |||
Industrias Penoles SAB de CV (A) | 3,093 | 43,772 | |||
Kimberly-Clark de Mexico SAB de CV, Class A | 31,478 | 70,893 | |||
La Comer SAB de CV | 23,059 | 49,822 | |||
Megacable Holdings SAB de CV, Series CPO | 40,736 | 98,600 | |||
Minera Frisco SAB de CV, Series A1 (A) | 554,562 | 82,287 | |||
Nemak SAB de CV (A)(B) | 93,240 | 20,507 | |||
Operadora de Sites Mexicanos SAB de CV, Class A1 | 17,589 | 16,547 | |||
Orbia Advance Corp. SAB de CV | 31,165 | 69,365 | |||
Organizacion Cultiba SAB de CV (A) | 45,332 | 31,240 | |||
Organizacion Soriana SAB de CV, Series B (A) | 386,061 | 661,153 | |||
Promotora y Operadora de Infraestructura SAB de CV | 7,381 | 70,488 | |||
Promotora y Operadora de Infraestructura SAB de CV, L Shares | 4,040 | 24,879 | |||
Qualitas Controladora SAB de CV | 4,704 | 37,007 | |||
Regional SAB de CV | 7,096 | 52,280 | |||
Sitios Latinoamerica SAB de CV (A) | 11,773 | 4,965 | |||
Vitro SAB de CV, Series A | 21,684 | 25,435 | |||
Wal-Mart de Mexico SAB de CV | 37,070 | 146,145 | |||
Netherlands 0.0% | 57,281 | ||||
NEPI Rockcastle NV | 9,595 | 57,281 |
53 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Panama 0.0% | $1,182 | ||||
BAC Holding International Corp. (A) | 22,589 | 1,182 | |||
Peru 0.1% | 105,342 | ||||
Cementos Pacasmayo SAA, ADR | 2,115 | 11,252 | |||
Cia de Minas Buenaventura SAA, ADR (D) | 2,497 | 21,324 | |||
Credicorp, Ltd. | 370 | 52,329 | |||
Fossal SAA, ADR (C) | 5 | 0 | |||
Intercorp Financial Services, Inc. | 876 | 20,437 | |||
Philippines 0.9% | 1,582,976 | ||||
8990 Holdings, Inc. (A) | 111,700 | 18,283 | |||
Aboitiz Equity Ventures, Inc. | 37,540 | 31,177 | |||
Aboitiz Power Corp. | 37,100 | 23,409 | |||
ACEN Corp. | 57,600 | 5,091 | |||
ACR Mining Corp. (A)(C) | 3,145 | 994 | |||
Alliance Global Group, Inc. | 165,600 | 36,563 | |||
Apex Mining Company, Inc. | 210,000 | 10,090 | |||
Ayala Corp. | 2,700 | 29,352 | |||
Ayala Land, Inc. | 54,500 | 26,116 | |||
Bank of the Philippine Islands | 31,254 | 60,701 | |||
BDO Unibank, Inc. | 38,618 | 94,945 | |||
Belle Corp. | 887,000 | 19,084 | |||
Bloomberry Resorts Corp. (A) | 164,300 | 32,097 | |||
Cebu Air, Inc. (A) | 7,800 | 4,971 | |||
Century Pacific Food, Inc. | 56,050 | 26,791 | |||
China Banking Corp. | 63,035 | 34,397 | |||
COL Financial Group, Inc. | 100,000 | 5,311 | |||
Converge Information and Communications Technology Solutions, Inc. (A) | 96,400 | 13,220 | |||
Cosco Capital, Inc. | 126,900 | 11,515 | |||
D&L Industries, Inc. | 183,300 | 21,578 | |||
DMCI Holdings, Inc. | 134,700 | 22,971 | |||
Emperador, Inc. | 80,000 | 29,523 | |||
Filinvest Land, Inc. | 909,750 | 10,440 | |||
First Gen Corp. | 19,700 | 6,705 | |||
First Philippine Holdings Corp. | 16,990 | 18,914 | |||
Ginebra San Miguel, Inc. | 1,670 | 4,874 | |||
Global Ferronickel Holdings, Inc. | 186,000 | 8,698 | |||
Globe Telecom, Inc. | 1,220 | 38,816 | |||
GT Capital Holdings, Inc. | 2,746 | 27,752 | |||
Integrated Micro-Electronics, Inc. (A) | 54,655 | 3,957 | |||
International Container Terminal Services, Inc. | 13,990 | 51,133 | |||
JG Summit Holdings, Inc. | 43,297 | 27,924 | |||
Jollibee Foods Corp. | 9,140 | 38,238 | |||
LT Group, Inc. | 87,200 | 14,048 | |||
Manila Electric Company | 5,260 | 31,946 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 54 |
Shares | Value | ||||
Philippines (continued) | |||||
Max’s Group, Inc. | 52,200 | $4,055 | |||
Megaworld Corp. | 515,500 | 18,113 | |||
Metropolitan Bank & Trust Company | 59,704 | 58,184 | |||
Monde Nissin Corp. (B) | 107,700 | 13,689 | |||
Nickel Asia Corp. | 255,060 | 23,183 | |||
Petron Corp. | 165,900 | 10,256 | |||
Philex Mining Corp. | 67,800 | 3,343 | |||
Philippine Stock Exchange, Inc. | 12,074 | 34,501 | |||
Phoenix Petroleum Philippines, Inc. (A) | 100,600 | 8,879 | |||
PLDT, Inc. | 1,960 | 39,777 | |||
Puregold Price Club, Inc. | 59,300 | 29,222 | |||
RFM Corp. | 101,000 | 5,585 | |||
Rizal Commercial Banking Corp. | 184,093 | 74,712 | |||
Robinsons Land Corp. | 107,596 | 27,764 | |||
Robinsons Retail Holdings, Inc. | 27,050 | 23,624 | |||
San Miguel Corp. | 16,534 | 30,513 | |||
San Miguel Food and Beverage, Inc. | 21,830 | 19,628 | |||
Security Bank Corp. | 23,437 | 33,313 | |||
Semirara Mining & Power Corp. | 49,820 | 28,152 | |||
Shell Pilipinas Corp. (A) | 11,500 | 2,838 | |||
SM Investments Corp. | 1,295 | 19,037 | |||
SM Prime Holdings, Inc. | 51,904 | 26,764 | |||
Synergy Grid & Development Phils, Inc. | 91,700 | 12,956 | |||
Top Frontier Investment Holdings, Inc. (A) | 24,482 | 42,630 | |||
Union Bank of the Philippines | 63,116 | 76,907 | |||
Universal Robina Corp. | 16,050 | 31,680 | |||
Vista Land & Lifescapes, Inc. | 295,200 | 8,287 | |||
Vistamalls, Inc. | 172,400 | 7,580 | |||
Wilcon Depot, Inc. | 66,800 | 26,180 | |||
Poland 1.0% | 1,736,638 | ||||
11 Bit Studios SA (A) | 110 | 18,709 | |||
AB SA | 911 | 14,399 | |||
Alior Bank SA (A) | 4,624 | 62,865 | |||
Allegro.eu SA (A)(B) | 4,288 | 34,298 | |||
Amica SA (A) | 140 | 2,744 | |||
Arctic Paper SA | 2,018 | 7,556 | |||
Asseco Poland SA | 3,050 | 54,180 | |||
Auto Partner SA | 4,431 | 21,309 | |||
Bank Handlowy w Warszawie SA | 1,388 | 29,115 | |||
Bank Millennium SA (A) | 25,326 | 37,282 | |||
Bank Polska Kasa Opieki SA | 2,160 | 56,389 | |||
Benefit Systems SA (A) | 96 | 39,518 | |||
Boryszew SA | 1,940 | 2,915 |
55 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Poland (continued) | |||||
Budimex SA | 351 | $38,187 | |||
CCC SA (A) | 1,168 | 12,607 | |||
CD Projekt SA | 687 | 24,522 | |||
Cognor Holding SA | 12,233 | 24,462 | |||
Cyfrowy Polsat SA | 7,415 | 24,368 | |||
Dino Polska SA (A)(B) | 663 | 60,798 | |||
Dom Development SA | 481 | 17,940 | |||
Enea SA (A) | 9,798 | 20,873 | |||
Eurocash SA | 3,066 | 11,852 | |||
Globe Trade Centre SA | 16,195 | 22,053 | |||
Grenevia SA (A) | 18,129 | 15,790 | |||
Grupa Azoty SA (A) | 2,417 | 14,724 | |||
Grupa Kety SA | 368 | 57,187 | |||
ING Bank Slaski SA (A) | 539 | 25,538 | |||
Inter Cars SA | 183 | 25,650 | |||
Jastrzebska Spolka Weglowa SA (A) | 2,183 | 19,121 | |||
KGHM Polska Miedz SA | 3,582 | 98,775 | |||
KRUK SA (A) | 480 | 46,515 | |||
LiveChat Software SA | 519 | 16,817 | |||
LPP SA | 25 | 84,103 | |||
Lubelski Wegiel Bogdanka SA | 888 | 7,499 | |||
mBank SA (A) | 266 | 27,626 | |||
Mirbud SA | 3,984 | 6,361 | |||
Mo-BRUK SA | 230 | 15,867 | |||
Neuca SA | 170 | 29,979 | |||
Orange Polska SA | 19,328 | 33,523 | |||
ORLEN SA | 15,485 | 236,408 | |||
PGE Polska Grupa Energetyczna SA (A) | 18,713 | 38,412 | |||
PKP Cargo SA (A) | 3,024 | 11,011 | |||
Polimex-Mostostal SA (A) | 12,255 | 12,549 | |||
Powszechna Kasa Oszczednosci Bank Polski SA (A) | 3,995 | 36,078 | |||
Powszechny Zaklad Ubezpieczen SA | 4,992 | 49,994 | |||
Santander Bank Polska SA (A) | 397 | 35,717 | |||
Selvita SA (A) | 567 | 9,307 | |||
Tauron Polska Energia SA (A) | 42,147 | 43,677 | |||
TEN Square Games SA | 339 | 6,733 | |||
Tim SA | 1,007 | 11,661 | |||
Votum SA | 1,615 | 19,422 | |||
Warsaw Stock Exchange | 1,251 | 11,133 | |||
Wirtualna Polska Holding SA | 890 | 22,655 | |||
XTB SA (B) | 3,472 | 27,865 | |||
Qatar 0.9% | 1,501,169 | ||||
Aamal Company | 78,358 | 18,143 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 56 |
Shares | Value | ||||
Qatar (continued) | |||||
Al Khaleej Takaful Group QSC | 17,210 | $13,275 | |||
Al Meera Consumer Goods Company QSC | 4,910 | 18,609 | |||
Baladna (A) | 74,126 | 28,750 | |||
Barwa Real Estate Company | 43,759 | 31,453 | |||
Commercial Bank PSQC | 78,823 | 122,964 | |||
Doha Bank QPSC | 109,395 | 51,664 | |||
Estithmar Holding QPSC (A) | 21,991 | 13,482 | |||
Gulf International Services QSC | 55,100 | 39,797 | |||
Gulf Warehousing Company | 16,297 | 14,488 | |||
Industries Qatar QSC | 10,015 | 33,983 | |||
Lesha Bank LLC (A) | 68,401 | 26,463 | |||
Mannai Corp. QSC | 13,134 | 18,115 | |||
Masraf Al Rayan QSC | 72,162 | 43,976 | |||
Mazaya Real Estate Development QPSC (A) | 25,140 | 5,207 | |||
Medicare Group | 16,566 | 27,307 | |||
Mesaieed Petrochemical Holding Company | 38,594 | 19,492 | |||
Ooredoo QPSC | 27,091 | 80,384 | |||
Qatar Aluminum Manufacturing Company | 104,316 | 38,173 | |||
Qatar Electricity & Water Company QSC | 6,797 | 33,377 | |||
Qatar Fuel QSC | 8,284 | 36,413 | |||
Qatar Gas Transport Company, Ltd. | 86,554 | 88,092 | |||
Qatar Insurance Company SAQ (A) | 47,574 | 30,650 | |||
Qatar International Islamic Bank QSC | 12,175 | 33,058 | |||
Qatar Islamic Bank SAQ | 8,121 | 43,074 | |||
Qatar National Bank QPSC | 99,106 | 424,560 | |||
Qatar National Cement Company QSC | 24,401 | 23,447 | |||
Qatar Navigation QSC | 12,104 | 31,793 | |||
Salam International Investment, Ltd., QSC (A) | 80,910 | 15,670 | |||
United Development Company QSC | 78,676 | 24,172 | |||
Vodafone Qatar QSC | 116,699 | 59,286 | |||
Zad Holding Company | 3,124 | 11,852 | |||
Russia 0.0% | 32,146 | ||||
Gazprom PJSC, ADR (A)(C) | 30,453 | 3,350 | |||
LUKOIL PJSC, ADR (A)(C) | 3,474 | 6,809 | |||
Magnitogorsk Iron & Steel Works PJSC, GDR (A)(C) | 2,363 | 543 | |||
MMC Norilsk Nickel PJSC, ADR (A)(C) | 5,418 | 2,980 | |||
Mobile TeleSystems PJSC, ADR (A)(C) | 7,477 | 1,421 | |||
Novatek PJSC, GDR (A)(C) | 143 | 711 | |||
Novolipetsk Steel PJSC, GDR (A)(C) | 1,198 | 827 | |||
PhosAgro PJSC, GDR (A)(C) | 1,991 | 1,633 | |||
Rostelecom PJSC, ADR (A)(C) | 3,714 | 557 | |||
RusHydro PJSC, ADR (A)(C) | 28,619 | 859 | |||
Sberbank of Russia PJSC, ADR (A)(C) | 23,885 | 8,360 |
57 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Russia (continued) | |||||
Severstal PAO, GDR (A)(C) | 2,129 | $958 | |||
Tatneft PJSC, ADR (A)(C) | 2,610 | 2,662 | |||
VTB Bank PJSC, GDR (A)(C) | 23,800 | 476 | |||
Saudi Arabia 3.6% | 6,337,792 | ||||
Abdul Mohsen Al-Hokair Tourism and Development Company (A) | 45,690 | 28,125 | |||
Abdullah Al Othaim Markets Company | 16,760 | 65,025 | |||
ACWA Power Company | 594 | 30,534 | |||
Advanced Petrochemical Company | 5,333 | 60,464 | |||
Al Hammadi Holding | 2,243 | 32,126 | |||
Al Jouf Agricultural Development Company | 889 | 11,471 | |||
Al Jouf Cement Company (A) | 6,148 | 19,915 | |||
Al Moammar Information Systems Company | 585 | 25,957 | |||
Al Rajhi Bank | 24,548 | 471,918 | |||
Al Rajhi Company for Co-operative Insurance (A) | 370 | 15,841 | |||
Al Yamamah Steel Industries Company (A) | 977 | 6,205 | |||
AlAbdullatif Industrial Investment Company (A) | 1,143 | 5,140 | |||
Alandalus Property Company | 4,585 | 30,285 | |||
Alaseel Company | 6,260 | 8,660 | |||
Aldrees Petroleum and Transport Services Company | 2,038 | 73,912 | |||
Alinma Bank | 16,531 | 162,421 | |||
AlJazira Takaful Ta’awuni Company (A) | 2,472 | 12,526 | |||
Allianz Saudi Fransi Cooperative Insurance Company (A) | 1,752 | 8,134 | |||
Almarai Company JSC | 5,502 | 92,921 | |||
Alujain Corp. (A) | 1,265 | 16,787 | |||
Arab National Bank | 8,498 | 58,403 | |||
Arabian Cement Company | 2,332 | 21,440 | |||
Arabian Centres Company, Ltd. | 4,247 | 25,361 | |||
Arabian Contracting Services Company | 643 | 35,917 | |||
Arriyadh Development Company | 5,023 | 28,632 | |||
Astra Industrial Group | 2,790 | 68,308 | |||
Bank AlBilad | 9,636 | 110,042 | |||
Bank Al-Jazira (A) | 8,895 | 42,014 | |||
Banque Saudi Fransi | 10,729 | 109,583 | |||
Bawan Company | 1,965 | 18,386 | |||
Bupa Arabia for Cooperative Insurance Company | 1,311 | 70,420 | |||
City Cement Company | 1,425 | 7,743 | |||
Dallah Healthcare Company | 1,278 | 47,700 | |||
Dar Al Arkan Real Estate Development Company (A) | 15,555 | 77,128 | |||
Dr Sulaiman Al Habib Medical Services Group Company | 1,743 | 112,765 | |||
Eastern Province Cement Company | 818 | 9,265 | |||
Electrical Industries Company (A) | 2,696 | 32,127 | |||
Emaar Economic City (A) | 16,600 | 37,204 | |||
Etihad Etisalat Company | 17,243 | 207,437 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 58 |
Shares | Value | ||||
Saudi Arabia (continued) | |||||
Fawaz Abdulaziz Al Hokair & Company (A) | 2,750 | $15,511 | |||
Gulf Insurance Group | 566 | 4,872 | |||
Hail Cement Company | 5,731 | 19,660 | |||
Halwani Brothers Company (A) | 466 | 6,768 | |||
Herfy Food Services Company | 703 | 6,518 | |||
Jarir Marketing Company | 13,850 | 54,496 | |||
Jazan Energy and Development Company (A) | 1,882 | 7,409 | |||
L’Azurde Company for Jewelry | 4,437 | 16,386 | |||
Leejam Sports Company JSC | 843 | 34,425 | |||
Maharah Human Resources Company | 1,194 | 20,146 | |||
Mediterranean & Gulf Insurance & Reinsurance Company (A) | 2,406 | 9,308 | |||
Methanol Chemicals Company (A) | 3,350 | 20,415 | |||
Middle East Healthcare Company (A) | 2,038 | 31,811 | |||
Middle East Paper Company | 2,257 | 19,952 | |||
Mobile Telecommunications Company Saudi Arabia | 25,921 | 93,286 | |||
Mouwasat Medical Services Company | 1,982 | 58,057 | |||
Najran Cement Company | 4,857 | 16,173 | |||
Nama Chemicals Company (A) | 2,002 | 17,220 | |||
National Company for Learning & Education | 705 | 21,783 | |||
National Gas & Industrialization Company | 1,152 | 19,624 | |||
National Gypsum (A) | 1,677 | 10,505 | |||
National Industrialization Company (A) | 11,918 | 40,417 | |||
National Medical Care Company | 1,407 | 45,541 | |||
Northern Region Cement Company | 4,267 | 12,883 | |||
Rabigh Refining & Petrochemical Company (A) | 17,266 | 47,502 | |||
Riyad Bank | 20,144 | 163,360 | |||
SABIC Agri-Nutrients Company | 6,107 | 223,790 | |||
Sahara International Petrochemical Company | 13,711 | 133,096 | |||
Saudi Airlines Catering Company | 2,131 | 61,193 | |||
Saudi Arabian Mining Company (A) | 27,886 | 300,399 | |||
Saudi Arabian Oil Company (B) | 35,352 | 329,189 | |||
Saudi Automotive Services Company | 1,130 | 20,184 | |||
Saudi Awwal Bank | 13,370 | 127,553 | |||
Saudi Basic Industries Corp. | 16,613 | 391,255 | |||
Saudi Cement Company | 3,305 | 47,663 | |||
Saudi Ceramic Company | 1,342 | 10,386 | |||
Saudi Chemical Company Holding | 21,910 | 26,106 | |||
Saudi Company For Hardware CJSC (A) | 1,537 | 13,146 | |||
Saudi Electricity Company | 12,156 | 67,055 | |||
Saudi Ground Services Company (A) | 2,496 | 22,123 | |||
Saudi Industrial Investment Group | 6,947 | 47,751 | |||
Saudi Industrial Services Company | 1,613 | 11,805 | |||
Saudi Kayan Petrochemical Company (A) | 32,690 | 106,015 | |||
Saudi Marketing Company | 1,952 | 12,397 |
59 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Saudi Arabia (continued) | |||||
Saudi Pharmaceutical Industries & Medical Appliances Corp. (A) | 1,447 | $14,476 | |||
Saudi Public Transport Company (A) | 3,653 | 17,503 | |||
Saudi Real Estate Company (A) | 4,698 | 16,645 | |||
Saudi Reinsurance Company (A) | 5,359 | 28,557 | |||
Saudi Research & Media Group (A) | 1,347 | 63,646 | |||
Saudi Telecom Company | 31,225 | 331,341 | |||
Saudia Dairy & Foodstuff Company | 624 | 53,198 | |||
Seera Group Holding (A) | 7,450 | 57,579 | |||
SHL Finance Company | 2,058 | 10,421 | |||
Sinad Holding Company (A) | 1,612 | 4,913 | |||
Southern Province Cement Company | 1,999 | 24,889 | |||
Tabuk Cement Company (A) | 2,710 | 10,776 | |||
The Company for Cooperative Insurance | 3,204 | 99,042 | |||
The National Agriculture Development Company (A) | 1,158 | 15,070 | |||
The Qassim Cement Company | 1,062 | 18,909 | |||
The Saudi Investment Bank | 12,910 | 57,085 | |||
The Saudi National Bank | 11,547 | 109,965 | |||
The Savola Group | 10,817 | 109,147 | |||
Umm Al-Qura Cement Company (A) | 2,052 | 9,206 | |||
United Electronics Company | 1,527 | 30,955 | |||
United International Transportation Company | 1,703 | 33,364 | |||
Walaa Cooperative Insurance Company (A) | 1,753 | 8,730 | |||
Yamama Cement Company | 3,651 | 32,106 | |||
Yanbu Cement Company | 2,788 | 27,034 | |||
Yanbu National Petrochemical Company | 5,859 | 66,024 | |||
Zamil Industrial Investment Company (A) | 3,557 | 23,835 | |||
Singapore 0.1% | 75,754 | ||||
BOC Aviation, Ltd. (B) | 10,100 | 75,754 | |||
South Africa 2.9% | 5,163,473 | ||||
Absa Group, Ltd. | 16,567 | 159,731 | |||
Adcock Ingram Holdings, Ltd. | 2,963 | 8,653 | |||
Advtech, Ltd. | 30,094 | 32,727 | |||
AECI, Ltd. | 4,099 | 23,400 | |||
African Rainbow Minerals, Ltd. | 5,406 | 51,052 | |||
Afrimat, Ltd. | 6,949 | 20,590 | |||
Alexander Forbes Group Holdings, Ltd. | 42,430 | 13,072 | |||
Anglo American Platinum, Ltd. | 1,584 | 55,241 | |||
AngloGold Ashanti, Ltd. | 3,625 | 61,708 | |||
Aspen Pharmacare Holdings, Ltd. | 8,619 | 78,637 | |||
Astral Foods, Ltd. | 1,655 | 14,983 | |||
Aveng, Ltd. (A) | 15,919 | 6,879 | |||
AVI, Ltd. | 13,299 | 50,883 | |||
Barloworld, Ltd. | 9,995 | 44,831 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 60 |
Shares | Value | ||||
South Africa (continued) | |||||
Bid Corp., Ltd. | 6,809 | $152,886 | |||
Blue Label Telecoms, Ltd. (A) | 40,650 | 6,799 | |||
Capitec Bank Holdings, Ltd. | 618 | 51,830 | |||
Cashbuild, Ltd. | 822 | 7,962 | |||
Caxton & CTP Publishers & Printers, Ltd. | 83,154 | 44,487 | |||
Clicks Group, Ltd. | 6,396 | 92,599 | |||
Coronation Fund Managers, Ltd. | 8,366 | 14,158 | |||
Curro Holdings, Ltd. | 9,885 | 5,222 | |||
DataTec, Ltd. | 10,224 | 19,832 | |||
Dis-Chem Pharmacies, Ltd. (B) | 19,455 | 24,566 | |||
Discovery, Ltd. (A) | 8,788 | 68,206 | |||
DRDGOLD, Ltd. | 25,471 | 25,616 | |||
Exxaro Resources, Ltd. | 8,271 | 73,200 | |||
Famous Brands, Ltd. | 2,192 | 6,996 | |||
FirstRand, Ltd. | 81,771 | 317,714 | |||
Gold Fields, Ltd., ADR | 25,603 | 323,366 | |||
Grindrod, Ltd. | 18,631 | 10,499 | |||
Harmony Gold Mining Company, Ltd., ADR | 15,869 | 65,380 | |||
Hudaco Industries, Ltd. | 763 | 6,170 | |||
Impala Platinum Holdings, Ltd. | 26,286 | 135,324 | |||
Investec, Ltd. | 6,401 | 37,552 | |||
Italtile, Ltd. | 28,750 | 18,432 | |||
JSE, Ltd. | 3,574 | 18,209 | |||
KAP, Ltd. | 162,563 | 21,371 | |||
Kumba Iron Ore, Ltd. | 2,004 | 43,884 | |||
Lewis Group, Ltd. | 2,550 | 5,026 | |||
Life Healthcare Group Holdings, Ltd. | 71,118 | 80,575 | |||
Metair Investments, Ltd. (A) | 12,087 | 11,855 | |||
MiX Telematics, Ltd., ADR | 2,273 | 15,570 | |||
Momentum Metropolitan Holdings | 112,429 | 119,642 | |||
Motus Holdings, Ltd. | 10,226 | 54,913 | |||
Mpact, Ltd. | 6,725 | 10,420 | |||
Mr. Price Group, Ltd. | 10,379 | 72,640 | |||
MTN Group, Ltd. | 47,426 | 301,590 | |||
MultiChoice Group | 13,459 | 55,920 | |||
Naspers, Ltd., N Shares | 356 | 60,425 | |||
Nedbank Group, Ltd. | 11,131 | 127,412 | |||
Netcare, Ltd. | 67,767 | 47,497 | |||
Ninety One, Ltd. | 8,381 | 17,725 | |||
Northam Platinum Holdings, Ltd. (A) | 7,939 | 52,496 | |||
Oceana Group, Ltd. | 6,191 | 22,680 | |||
Old Mutual, Ltd. | 126,551 | 84,756 | |||
Omnia Holdings, Ltd. | 9,420 | 27,106 | |||
Pepkor Holdings, Ltd. (B) | 81,308 | 70,122 |
61 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Africa (continued) | |||||
Pick n Pay Stores, Ltd. | 14,046 | $25,933 | |||
PPC, Ltd. (A) | 113,640 | 15,590 | |||
PSG Financial Services, Ltd. | 35,031 | 25,892 | |||
Raubex Group, Ltd. | 10,511 | 14,387 | |||
RCL Foods, Ltd. | 10,269 | 5,993 | |||
Reunert, Ltd. | 7,864 | 24,975 | |||
Sanlam, Ltd. | 20,270 | 72,870 | |||
Santam, Ltd. | 2,073 | 32,638 | |||
Sappi, Ltd. | 38,495 | 81,603 | |||
Sasol, Ltd. | 11,907 | 153,436 | |||
Shoprite Holdings, Ltd. | 9,748 | 136,046 | |||
Sibanye Stillwater, Ltd. | 25,077 | 37,837 | |||
Sibanye Stillwater, Ltd., ADR (D) | 21,654 | 131,007 | |||
Southern Sun, Ltd. (A) | 52,665 | 12,889 | |||
Standard Bank Group, Ltd. | 16,246 | 165,870 | |||
Sun International, Ltd. | 11,101 | 21,686 | |||
Super Group, Ltd. | 33,291 | 60,128 | |||
Telkom SA SOC, Ltd. (A) | 16,120 | 23,149 | |||
The Bidvest Group, Ltd. | 9,112 | 137,479 | |||
The Foschini Group, Ltd. | 18,194 | 100,418 | |||
The SPAR Group, Ltd. | 11,363 | 62,022 | |||
Thungela Resources, Ltd. | 7,200 | 57,005 | |||
Tiger Brands, Ltd. | 7,794 | 67,322 | |||
Transaction Capital, Ltd. | 23,453 | 8,001 | |||
Truworths International, Ltd. | 12,341 | 47,363 | |||
Tsogo Sun, Ltd. | 15,051 | 9,839 | |||
Vodacom Group, Ltd. | 9,372 | 53,457 | |||
Wilson Bayly Holmes-Ovcon, Ltd. (A) | 3,159 | 19,075 | |||
Woolworths Holdings, Ltd. | 25,117 | 98,710 | |||
Zeda, Ltd. (A) | 12,459 | 7,836 | |||
South Korea 12.7% | 22,390,953 | ||||
ABLBio, Inc. (A) | 1,287 | 17,670 | |||
Advanced Nano Products Company, Ltd. | 154 | 18,342 | |||
Advanced Process Systems Corp. | 1,012 | 13,968 | |||
Aekyung Chemical Company, Ltd. | 1,138 | 13,562 | |||
AfreecaTV Company, Ltd. | 596 | 36,778 | |||
Ahnlab, Inc. | 288 | 14,125 | |||
Ajin Industrial Company, Ltd. (A) | 2,965 | 10,181 | |||
AK Holdings, Inc. | 804 | 11,749 | |||
Alteogen, Inc. (A) | 591 | 20,200 | |||
ALUKO Company, Ltd. (A) | 3,314 | 9,311 | |||
Amorepacific Corp. | 352 | 35,601 | |||
AMOREPACIFIC Group | 998 | 25,363 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 62 |
Shares | Value | ||||
South Korea (continued) | |||||
Anam Electronics Company, Ltd. (A) | 6,576 | $10,107 | |||
Ananti, Inc. (A) | 2,455 | 15,174 | |||
Aprogen Biologics (A) | 18,480 | 6,702 | |||
APS, Inc. (A) | 1,060 | 6,714 | |||
APTC Company, Ltd. (A) | 1,450 | 15,181 | |||
Asia Cement Company, Ltd. | 1,937 | 14,658 | |||
Asia Paper Manufacturing Company, Ltd. | 151 | 4,323 | |||
Atinum Investment Company, Ltd. | 6,093 | 12,958 | |||
BGF Company, Ltd. | 2,408 | 6,597 | |||
BGF retail Company, Ltd. | 220 | 26,013 | |||
BH Company, Ltd. | 1,811 | 32,958 | |||
Binex Company, Ltd. (A) | 1,385 | 9,281 | |||
Binggrae Company, Ltd. | 278 | 11,718 | |||
Bioneer Corp. (A) | 221 | 7,152 | |||
BIT Computer Company, Ltd. | 489 | 2,287 | |||
BNK Financial Group, Inc. | 7,863 | 40,534 | |||
Boditech Med, Inc. | 681 | 10,206 | |||
Bookook Securities Company, Ltd. | 368 | 6,082 | |||
Boryung | 912 | 6,472 | |||
Bosung Power Technology Company, Ltd. (A) | 1,899 | 4,828 | |||
Bukwang Pharmaceutical Company, Ltd. (A) | 919 | 4,691 | |||
Byucksan Corp. | 6,701 | 18,284 | |||
Cafe24 Corp. (A) | 605 | 6,197 | |||
Caregen Company, Ltd. | 755 | 23,736 | |||
Celltrion Healthcare Company, Ltd. | 666 | 32,588 | |||
Celltrion Pharm, Inc. (A) | 268 | 13,925 | |||
Celltrion, Inc. | 1,647 | 179,237 | |||
Chabiotech Company, Ltd. (A) | 1,250 | 16,622 | |||
Cheil Worldwide, Inc. | 2,558 | 36,464 | |||
Chemtronics Company, Ltd. | 1,041 | 17,801 | |||
Cheryong Electric Company, Ltd. | 496 | 9,837 | |||
Choa Pharmaceutical Company (A) | 887 | 1,274 | |||
Choil Aluminum Company, Ltd. (A) | 12,301 | 25,194 | |||
Chong Kun Dang Pharmaceutical Corp. | 435 | 28,577 | |||
Chongkundang Holdings Corp. | 208 | 8,594 | |||
Chorokbaem Media Company, Ltd. (A)(C) | 888 | 3,626 | |||
Chosun Refractories Company, Ltd. (A) | 293 | 6,794 | |||
Chunbo Company, Ltd. | 135 | 15,348 | |||
CJ CGV Company, Ltd. (A) | 909 | 5,398 | |||
CJ CheilJedang Corp. | 463 | 104,626 | |||
CJ Corp. | 502 | 26,672 | |||
CJ ENM Company, Ltd. (A) | 696 | 30,623 | |||
CJ Logistics Corp. | 437 | 26,064 | |||
Classys, Inc. | 1,010 | 29,568 |
63 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
CMG Pharmaceutical Company, Ltd. (A) | 4,018 | $7,414 | |||
Com2uS Corp. | 281 | 10,064 | |||
Com2uS Holdings Corp. (A) | 325 | 7,400 | |||
ContentreeJoongAng Corp. (A) | 206 | 2,493 | |||
Coreana Cosmetics Company, Ltd. (A) | 428 | 1,576 | |||
Cosmax, Inc. (A) | 262 | 30,389 | |||
CosmoAM&T Company, Ltd. (A) | 196 | 23,332 | |||
Cosmochemical Company, Ltd. (A) | 622 | 20,405 | |||
Coway Company, Ltd. | 2,533 | 82,710 | |||
CR Holdings Company, Ltd. | 696 | 4,603 | |||
CrystalGenomics Invites Company, Ltd. (A) | 2,100 | 5,473 | |||
CS Wind Corp. | 504 | 24,181 | |||
CTC BIO, Inc. (A) | 644 | 6,445 | |||
Cuckoo Holdings Company, Ltd. | 645 | 10,440 | |||
Cuckoo Homesys Company, Ltd. | 761 | 13,062 | |||
D.I Corp. | 851 | 4,983 | |||
Daea TI Company, Ltd. (A) | 1,930 | 4,608 | |||
Daedong Corp. | 657 | 5,061 | |||
Daeduck Company, Ltd. | 2,950 | 14,544 | |||
Daeduck Electronics Company, Ltd. | 1,054 | 22,989 | |||
Daehan Steel Company, Ltd. | 1,190 | 11,331 | |||
Daejoo Electronic Materials Company, Ltd. | 405 | 30,216 | |||
Daesang Corp. | 1,153 | 15,630 | |||
Daewon Pharmaceutical Company, Ltd. | 733 | 9,542 | |||
Daewoo Engineering & Construction Company, Ltd. (A) | 7,816 | 27,164 | |||
Daewoong Company, Ltd. | 971 | 10,462 | |||
Daewoong Pharmaceutical Company, Ltd. | 135 | 10,644 | |||
Daihan Pharmaceutical Company, Ltd. | 428 | 8,917 | |||
Daishin Securities Company, Ltd. | 1,799 | 19,591 | |||
Danal Company, Ltd. (A) | 1,829 | 5,309 | |||
Daol Investment & Securities Company, Ltd. | 4,881 | 14,924 | |||
Daou Data Corp. | 986 | 11,069 | |||
Daou Technology, Inc. | 1,699 | 23,853 | |||
Dasan Networks, Inc. (A) | 946 | 3,665 | |||
Dawonsys Company, Ltd. (A) | 1,186 | 13,083 | |||
DB Financial Investment Company, Ltd. | 3,443 | 10,595 | |||
DB HiTek Company, Ltd. | 1,083 | 43,744 | |||
DB Insurance Company, Ltd. | 2,087 | 128,888 | |||
Dentium Company, Ltd. | 219 | 20,432 | |||
Deutsch Motors, Inc. | 2,653 | 9,746 | |||
DGB Financial Group, Inc. | 6,891 | 39,063 | |||
DI Dong Il Corp. | 1,364 | 24,265 | |||
Digital Daesung Company, Ltd. | 3,558 | 15,958 | |||
DIO Corp. (A) | 618 | 13,835 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 64 |
Shares | Value | ||||
South Korea (continued) | |||||
DL Construction Company, Ltd. | 688 | $6,204 | |||
DL E&C Company, Ltd. | 1,770 | 41,454 | |||
DL Holdings Company, Ltd. | 706 | 20,384 | |||
DN Automotive Corp. | 252 | 16,913 | |||
Dong-A Socio Holdings Company, Ltd. | 161 | 11,862 | |||
Dong-A ST Company, Ltd. | 234 | 10,896 | |||
Dongbang Transport Logistics Company, Ltd. (A) | 7,986 | 12,647 | |||
Dongjin Semichem Company, Ltd. | 1,174 | 30,223 | |||
DongKook Pharmaceutical Company, Ltd. | 903 | 9,615 | |||
Dongkuk CM Company, Ltd. (A) | 1,032 | 6,363 | |||
Dongkuk Holdings Company, Ltd. | 549 | 4,956 | |||
Dongkuk Steel Mill Company, Ltd. (A) | 1,712 | 12,849 | |||
Dongsuh Companies, Inc. | 1,160 | 15,699 | |||
Dongsung Chemical Company, Ltd. | 982 | 3,550 | |||
Dongsung Finetec Company, Ltd. | 639 | 6,611 | |||
Dongwha Enterprise Company, Ltd. (A) | 429 | 11,601 | |||
Dongwon Development Company, Ltd. | 3,761 | 9,812 | |||
Dongwon F&B Company, Ltd. | 345 | 7,829 | |||
Dongwon Industries Company, Ltd. | 510 | 13,506 | |||
Dongwon Systems Corp. | 324 | 8,534 | |||
Doosan Bobcat, Inc. | 2,300 | 93,462 | |||
Doosan Company, Ltd. | 217 | 19,277 | |||
Doosan Enerbility Company, Ltd. (A) | 5,602 | 77,101 | |||
Doosan Fuel Cell Company, Ltd. (A) | 821 | 15,346 | |||
Doosan Tesna, Inc. | 1,135 | 41,856 | |||
DoubleUGames Company, Ltd. | 350 | 11,299 | |||
Douzone Bizon Company, Ltd. | 422 | 10,812 | |||
Dreamtech Company, Ltd. | 1,544 | 14,642 | |||
Duk San Neolux Company, Ltd. (A) | 413 | 13,333 | |||
E1 Corp. | 458 | 19,880 | |||
Easy Holdings Company, Ltd. | 6,196 | 14,029 | |||
Ecopro BM Company, Ltd. | 689 | 168,729 | |||
Ecopro Company, Ltd. | 338 | 320,650 | |||
Ecopro HN Company, Ltd. | 540 | 37,876 | |||
Ehwa Technologies Information Company, Ltd. (A)(C) | 6,572 | 4,470 | |||
Elentec Company, Ltd. | 980 | 8,659 | |||
E-MART, Inc. | 551 | 30,727 | |||
ENF Technology Company, Ltd. | 543 | 8,712 | |||
Eo Technics Company, Ltd. | 333 | 42,585 | |||
Eugene Corp. | 3,338 | 8,994 | |||
Eugene Investment & Securities Company, Ltd. | 7,899 | 25,106 | |||
Eugene Technology Company, Ltd. | 653 | 16,958 | |||
F&F Company, Ltd. | 645 | 50,192 | |||
FarmStory Company, Ltd. | 14,890 | 22,297 |
65 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Fila Holdings Corp. | 852 | $24,396 | |||
Fine Semitech Corp. | 1,035 | 16,671 | |||
Foosung Company, Ltd. | 3,859 | 34,092 | |||
Genexine, Inc. (A) | 1,426 | 10,833 | |||
Geumhwa PSC Company, Ltd. | 327 | 7,073 | |||
Global Standard Technology Company, Ltd. | 1,187 | 22,310 | |||
GOLFZON Company, Ltd. | 153 | 10,578 | |||
Gradiant Corp. | 512 | 5,484 | |||
Grand Korea Leisure Company, Ltd. (A) | 1,534 | 18,754 | |||
Green Cross Corp. | 350 | 30,586 | |||
Green Cross Holdings Corp. | 976 | 10,314 | |||
GS Engineering & Construction Corp. | 1,417 | 15,555 | |||
GS Holdings Corp. | 2,343 | 66,501 | |||
GS Retail Company, Ltd. | 1,892 | 33,833 | |||
HAESUNG DS Company, Ltd. | 506 | 26,204 | |||
Han Kuk Carbon Company, Ltd. | 1,873 | 20,502 | |||
Hana Financial Group, Inc. | 7,962 | 237,926 | |||
Hana Materials, Inc. | 766 | 25,668 | |||
Hana Micron, Inc. | 1,530 | 24,528 | |||
Handok, Inc. | 440 | 4,441 | |||
Handsome Company, Ltd. | 592 | 8,491 | |||
Hanil Cement Company, Ltd. | 1,300 | 12,405 | |||
Hanil Hyundai Cement Company, Ltd. | 101 | 1,281 | |||
Hanjin Kal Corp. | 732 | 24,579 | |||
Hanjin Transportation Company, Ltd. | 574 | 9,220 | |||
Hankook Shell Oil Company, Ltd. | 51 | 8,737 | |||
Hankook Tire & Technology Company, Ltd. | 3,181 | 93,112 | |||
Hanmi Pharm Company, Ltd. | 218 | 48,548 | |||
Hanmi Semiconductor Company, Ltd. | 993 | 44,806 | |||
HanmiGlobal Company, Ltd. | 473 | 8,512 | |||
Hanon Systems | 6,064 | 41,752 | |||
Hansae Company, Ltd. | 698 | 10,297 | |||
Hansae Yes24 Holdings Company, Ltd. | 769 | 2,555 | |||
Hansol Chemical Company, Ltd. | 257 | 31,345 | |||
Hansol Holdings Company, Ltd. | 3,858 | 8,330 | |||
Hansol Paper Company, Ltd. | 1,635 | 13,065 | |||
Hansol Technics Company, Ltd. | 2,094 | 10,273 | |||
Hanssem Company, Ltd. | 268 | 11,991 | |||
Hanwha Aerospace Company, Ltd. | 559 | 48,157 | |||
Hanwha Corp. | 1,297 | 24,514 | |||
Hanwha Galleria Corp. (A) | 1,652 | 1,650 | |||
Hanwha General Insurance Company, Ltd. (A) | 6,667 | 21,116 | |||
Hanwha Investment & Securities Company, Ltd. (A) | 8,046 | 15,223 | |||
Hanwha Life Insurance Company, Ltd. (A) | 11,044 | 20,990 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 66 |
Shares | Value | ||||
South Korea (continued) | |||||
Hanwha Solutions Corp. (A) | 1,464 | $40,296 | |||
Hanwha Systems Company, Ltd. | 2,252 | 22,850 | |||
Hanyang Eng Company, Ltd. | 1,161 | 14,508 | |||
Hanyang Securities Company, Ltd. | 2 | 14 | |||
Harim Company, Ltd. | 7,616 | 17,813 | |||
Harim Holdings Company, Ltd. | 3,064 | 16,768 | |||
HB SOLUTION Company, Ltd. | 836 | 3,455 | |||
HD Hyundai Company, Ltd. | 1,854 | 82,820 | |||
HD Hyundai Construction Equipment Company, Ltd. | 457 | 24,574 | |||
HD Hyundai Electric Company, Ltd. | 685 | 36,432 | |||
HD Hyundai Energy Solutions Company, Ltd. | 528 | 12,404 | |||
HD Hyundai Infracore Company, Ltd. | 5,410 | 42,998 | |||
HD Korea Shipbuilding & Offshore Engineering Company, Ltd. (A) | 555 | 51,898 | |||
HDC Hyundai Development Co-Engineering & Construction, Series E | 2,487 | 19,395 | |||
Helixmith Company, Ltd. (A) | 642 | 2,423 | |||
HFR, Inc. (A) | 1,182 | 23,480 | |||
Hite Jinro Company, Ltd. | 1,846 | 27,084 | |||
HJ Magnolia Yongpyong Hotel & Resort Corp. (A) | 1,056 | 2,623 | |||
HL Holdings Corp. | 659 | 17,887 | |||
HL Mando Company, Ltd. | 1,426 | 45,143 | |||
HLB Life Science Company, Ltd. (A) | 2,420 | 15,789 | |||
HLB, Inc. (A) | 1,239 | 27,009 | |||
HMM Company, Ltd. | 9,356 | 117,780 | |||
Homecast Company, Ltd. (A) | 1,134 | 3,859 | |||
Hotel Shilla Company, Ltd. | 893 | 59,487 | |||
HS Industries Company, Ltd. | 3,265 | 8,862 | |||
Hugel, Inc. (A) | 171 | 14,503 | |||
Huons Global Company, Ltd. | 661 | 12,475 | |||
Husteel Company, Ltd. | 4,051 | 14,843 | |||
Huvis Corp. (A) | 1,370 | 7,535 | |||
Huvitz Company, Ltd. | 672 | 12,116 | |||
Hwa Shin Company, Ltd. | 1,306 | 12,815 | |||
Hwaseung Enterprise Company, Ltd. | 2,793 | 16,148 | |||
HYBE Company, Ltd. (A) | 159 | 30,360 | |||
Hy-Lok Corp. | 1,283 | 25,643 | |||
Hyosung Advanced Materials Corp. | 79 | 26,965 | |||
Hyosung Chemical Corp. (A) | 80 | 6,375 | |||
Hyosung Corp. | 244 | 11,695 | |||
Hyosung Heavy Industries Corp. (A) | 67 | 10,148 | |||
Hyosung TNC Corp. | 131 | 32,749 | |||
Hyundai Autoever Corp. | 271 | 35,975 | |||
Hyundai BNG Steel Company, Ltd. | 218 | 2,170 | |||
Hyundai Department Store Company, Ltd. | 380 | 19,934 | |||
Hyundai Elevator Company, Ltd. | 946 | 32,190 |
67 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
Hyundai Engineering & Construction Company, Ltd. | 2,087 | $55,977 | |||
Hyundai GF Holdings | 2,228 | 6,185 | |||
Hyundai Glovis Company, Ltd. | 630 | 82,147 | |||
Hyundai Green Food (A) | 1,183 | 11,255 | |||
Hyundai Home Shopping Network Corp. | 441 | 14,549 | |||
Hyundai Livart Furniture Company, Ltd. (A) | 1,313 | 8,043 | |||
Hyundai Marine & Fire Insurance Company, Ltd. | 2,053 | 46,943 | |||
Hyundai Mipo Dockyard Company, Ltd. (A) | 337 | 23,166 | |||
Hyundai Mobis Company, Ltd. | 612 | 106,846 | |||
Hyundai Motor Company | 2,796 | 399,504 | |||
Hyundai Rotem Company, Ltd. (A) | 807 | 18,755 | |||
Hyundai Steel Company | 3,070 | 83,947 | |||
Hyundai Wia Corp. | 378 | 16,449 | |||
IA, Inc. (A) | 25,761 | 10,207 | |||
Iljin Holdings Company, Ltd. | 4,893 | 15,719 | |||
Ilyang Pharmaceutical Company, Ltd. | 639 | 7,739 | |||
iMarketKorea, Inc. | 1,567 | 10,959 | |||
InBody Company, Ltd. | 1,525 | 30,215 | |||
Industrial Bank of Korea | 7,253 | 59,005 | |||
Innocean Worldwide, Inc. | 383 | 11,774 | |||
Innox Advanced Materials Company, Ltd. | 866 | 24,880 | |||
Inscobee, Inc. (A) | 4,497 | 4,326 | |||
Insun ENT Company, Ltd. (A) | 1,874 | 11,925 | |||
INTOPS Company, Ltd. | 657 | 14,671 | |||
Inzi Controls Company, Ltd. | 2,349 | 17,787 | |||
IS Dongseo Company, Ltd. (A) | 819 | 19,648 | |||
ISC Company, Ltd. | 274 | 20,664 | |||
i-SENS, Inc. | 1,052 | 26,407 | |||
ISU Chemical Company, Ltd. | 896 | 13,789 | |||
ISU Specialty Chemical (A) | 128 | 27,139 | |||
IsuPetasys Company, Ltd. | 811 | 21,021 | |||
Jahwa Electronics Company, Ltd. (A) | 1,148 | 23,970 | |||
JB Financial Group Company, Ltd. | 5,533 | 40,605 | |||
JC Chemical Company, Ltd. | 1,880 | 10,713 | |||
Jeil Savings Bank (A)(C) | 1,850 | 0 | |||
Jeisys Medical, Inc. (A) | 2,251 | 23,864 | |||
Jeju Air Company, Ltd. (A) | 2,164 | 21,190 | |||
Jeju Semiconductor Corp. (A) | 5,245 | 17,541 | |||
Jusung Engineering Company, Ltd. | 1,645 | 34,017 | |||
JVM Company, Ltd. | 218 | 5,590 | |||
JW Pharmaceutical Corp. | 772 | 26,872 | |||
JYP Entertainment Corp. | 663 | 56,229 | |||
Kakao Corp. | 835 | 30,304 | |||
Kakao Games Corp. (A) | 762 | 16,370 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 68 |
Shares | Value | ||||
South Korea (continued) | |||||
KakaoBank Corp. | 1,221 | $24,288 | |||
Kangwon Land, Inc. | 1,542 | 18,079 | |||
KAON Group Company, Ltd. | 372 | 1,667 | |||
KB Financial Group, Inc. | 10,019 | 408,136 | |||
KC Company, Ltd. | 703 | 9,329 | |||
KC Tech Company, Ltd. | 460 | 7,595 | |||
KCC Corp. | 243 | 40,113 | |||
KCC Glass Corp. | 684 | 21,647 | |||
KCTC | 3,415 | 10,604 | |||
KEPCO Engineering & Construction Company, Inc. | 302 | 15,108 | |||
KEPCO Plant Service & Engineering Company, Ltd. | 870 | 22,065 | |||
KG Chemical Corp. | 3,205 | 19,766 | |||
KG DONGBUSTEEL | 2,195 | 13,779 | |||
KG Eco Technology Service Company, Ltd. | 1,715 | 20,078 | |||
Kginicis Company, Ltd. | 1,735 | 14,495 | |||
KGMobilians Company, Ltd. | 1,431 | 6,121 | |||
KH Vatec Company, Ltd. | 1,068 | 12,134 | |||
Kia Corp. | 8,457 | 512,613 | |||
KISWIRE, Ltd. | 688 | 11,416 | |||
KIWOOM Securities Company, Ltd. | 424 | 33,091 | |||
KMW Company, Ltd. (A) | 436 | 3,674 | |||
Koh Young Technology, Inc. | 1,589 | 15,601 | |||
Kolmar BNH Company, Ltd. | 589 | 8,232 | |||
Kolmar Korea Company, Ltd. | 453 | 19,784 | |||
Kolmar Korea Holdings Company, Ltd. | 571 | 6,676 | |||
Kolon Corp. | 754 | 10,539 | |||
Kolon Industries, Inc. | 1,245 | 47,781 | |||
KoMiCo, Ltd. | 489 | 19,990 | |||
Korea Aerospace Industries, Ltd. | 707 | 27,003 | |||
Korea Circuit Company, Ltd. (A) | 877 | 11,049 | |||
Korea Electric Power Corp. (A) | 3,750 | 50,470 | |||
Korea Electric Terminal Company, Ltd. | 438 | 17,621 | |||
Korea Gas Corp. (A) | 863 | 16,369 | |||
Korea Investment Holdings Company, Ltd. | 817 | 32,093 | |||
Korea Line Corp. (A) | 8,922 | 12,110 | |||
Korea Petrochemical Industrial Company, Ltd. | 150 | 14,581 | |||
Korea Real Estate Investment & Trust Company, Ltd. | 13,600 | 12,761 | |||
Korea United Pharm, Inc. | 348 | 7,164 | |||
Korea Zinc Company, Ltd. | 117 | 46,584 | |||
Korean Air Lines Company, Ltd. | 5,562 | 95,783 | |||
Korean Reinsurance Company | 6,216 | 37,241 | |||
KPX Chemical Company, Ltd. | 134 | 4,501 | |||
Krafton, Inc. (A) | 422 | 49,407 | |||
KSS LINE, Ltd. | 1,928 | 11,779 |
69 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
KT Corp. | 1,250 | $31,179 | |||
KT Skylife Company, Ltd. | 2,656 | 12,756 | |||
KT&G Corp. | 1,506 | 98,946 | |||
Kukdo Chemical Company, Ltd. | 337 | 13,860 | |||
Kum Yang Company, Ltd. (A) | 196 | 19,086 | |||
Kumho HT, Inc. (A) | 18,438 | 11,886 | |||
Kumho Petrochemical Company, Ltd. | 790 | 74,486 | |||
Kumho Tire Company, Inc. (A) | 6,125 | 22,892 | |||
KUMHOE&C Company, Ltd. | 1,164 | 4,691 | |||
Kwang Dong Pharmaceutical Company, Ltd. | 1,959 | 9,480 | |||
KX Innovation Company, Ltd. | 1,202 | 4,056 | |||
Kyeryong Construction Industrial Company, Ltd. | 1,232 | 13,932 | |||
Kyongbo Pharmaceutical Company, Ltd. | 455 | 2,676 | |||
Kyung Dong Navien Company, Ltd. | 334 | 13,248 | |||
Kyungdong Pharm Company, Ltd. | 2,317 | 11,772 | |||
Kyung-In Synthetic Corp. | 2,294 | 7,516 | |||
L&C Bio Company, Ltd. | 662 | 18,248 | |||
L&F Company, Ltd. | 451 | 73,173 | |||
LabGenomics Company, Ltd. (A) | 5,344 | 23,294 | |||
LB Semicon, Inc. (A) | 1,498 | 7,919 | |||
LEENO Industrial, Inc. | 261 | 33,133 | |||
LF Corp. | 1,828 | 20,150 | |||
LG Chem, Ltd. | 388 | 170,840 | |||
LG Corp. | 1,568 | 97,276 | |||
LG Display Company, Ltd. (A) | 1,935 | 19,576 | |||
LG Display Company, Ltd., ADR (A) | 8,246 | 41,395 | |||
LG Electronics, Inc. | 3,991 | 297,016 | |||
LG H&H Company, Ltd. | 129 | 45,268 | |||
LG HelloVision Company, Ltd. | 2,843 | 8,564 | |||
LG Innotek Company, Ltd. | 460 | 93,783 | |||
LG Uplus Corp. | 9,491 | 74,986 | |||
LIG Nex1 Company, Ltd. | 395 | 25,297 | |||
Lock&Lock Company, Ltd. | 920 | 4,070 | |||
Lotte Chemical Corp. | 238 | 24,563 | |||
Lotte Chilsung Beverage Company, Ltd. | 242 | 23,765 | |||
Lotte Corp. | 1,241 | 23,404 | |||
Lotte Energy Materials Corp. | 293 | 10,779 | |||
LOTTE Fine Chemical Company, Ltd. | 703 | 32,092 | |||
Lotte Non-Life Insurance Company, Ltd. (A) | 7,292 | 9,739 | |||
Lotte Shopping Company, Ltd. | 386 | 20,718 | |||
Lotte Wellfood Company, Ltd. | 206 | 17,352 | |||
LS Corp. | 565 | 45,715 | |||
LS Electric Company, Ltd. | 319 | 24,052 | |||
LX Hausys, Ltd. | 473 | 18,296 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 70 |
Shares | Value | ||||
South Korea (continued) | |||||
LX Holdings Corp. | 2,817 | $17,276 | |||
LX International Corp. | 1,440 | 33,018 | |||
LX Semicon Company, Ltd. | 383 | 25,768 | |||
Macquarie Korea Infrastructure Fund | 9,437 | 87,419 | |||
Maeil Dairies Company, Ltd. | 256 | 8,632 | |||
Mcnex Company, Ltd. | 678 | 14,907 | |||
Medytox, Inc. | 185 | 34,573 | |||
Meerecompany, Inc. | 83 | 2,535 | |||
MegaStudyEdu Company, Ltd. | 501 | 19,504 | |||
Meritz Financial Group, Inc. (A) | 2,873 | 118,727 | |||
MiCo, Ltd. (A) | 1,727 | 14,459 | |||
Mirae Asset Life Insurance Company, Ltd. (A) | 6,888 | 20,861 | |||
Mirae Asset Securities Company, Ltd. | 7,370 | 37,095 | |||
Mirae Asset Venture Investment Company, Ltd. (A) | 2,606 | 9,708 | |||
Miwon Commercial Company, Ltd. | 98 | 12,305 | |||
Miwon Specialty Chemical Company, Ltd. | 99 | 10,036 | |||
MK Electron Company, Ltd. | 1,378 | 15,712 | |||
Moorim P&P Company, Ltd. | 3,759 | 9,534 | |||
Motrex Company, Ltd. | 1,716 | 23,596 | |||
Multicampus Company, Ltd. | 178 | 4,388 | |||
Myoung Shin Industrial Company, Ltd. (A) | 1,165 | 18,790 | |||
MyungMoon Pharm Company, Ltd. (A) | 1,061 | 1,909 | |||
Namhae Chemical Corp. | 1,084 | 6,301 | |||
Namsun Aluminum Company, Ltd. (A) | 7,722 | 14,910 | |||
NAVER Corp. | 424 | 68,634 | |||
NCSoft Corp. | 335 | 63,646 | |||
Neowiz (A) | 886 | 23,601 | |||
Neowiz Holdings Corp. (A) | 409 | 8,263 | |||
Nepes Ark Corp. (A) | 942 | 16,039 | |||
NEPES Corp. (A) | 486 | 6,495 | |||
Netmarble Corp. (A)(B) | 464 | 15,023 | |||
Nexen Tire Corp. | 4,056 | 24,433 | |||
NEXTIN, Inc. | 476 | 29,303 | |||
NH Investment & Securities Company, Ltd. | 2,917 | 22,712 | |||
NHN Corp. (A) | 718 | 14,109 | |||
NHN KCP Corp. | 1,233 | 8,472 | |||
NI Steel Company, Ltd. | 1,981 | 9,402 | |||
NICE Holdings Company, Ltd. | 1,125 | 11,945 | |||
Nice Information & Telecommunication, Inc. | 598 | 10,425 | |||
NICE Information Service Company, Ltd. | 1,825 | 13,518 | |||
Nong Woo Bio Company, Ltd. | 564 | 3,511 | |||
NongShim Company, Ltd. | 120 | 41,591 | |||
NOROO Paint & Coatings Company, Ltd. | 430 | 2,981 | |||
OCI Company, Ltd. (A) | 267 | 25,704 |
71 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
OCI Holdings Company, Ltd. | 590 | $41,035 | |||
Orion Corp. | 923 | 85,006 | |||
Orion Holdings Corp. | 1,265 | 14,555 | |||
Osung Advanced Materials Company, Ltd. (A) | 5,009 | 6,855 | |||
Ottogi Corp. | 88 | 24,486 | |||
Pan Ocean Company, Ltd. | 14,756 | 49,736 | |||
Paradise Company, Ltd. (A) | 1,307 | 16,644 | |||
Park Systems Corp. | 234 | 31,819 | |||
Partron Company, Ltd. | 1,950 | 11,955 | |||
Pearl Abyss Corp. (A) | 412 | 15,032 | |||
People & Technology, Inc. | 844 | 44,646 | |||
PharmaResearch Company, Ltd. | 170 | 18,611 | |||
Pharmicell Company, Ltd. (A) | 1,235 | 6,494 | |||
PI Advanced Materials Company, Ltd. | 558 | 12,518 | |||
Poongsan Corp. | 1,263 | 33,693 | |||
Posco DX Company, Ltd. | 1,242 | 52,615 | |||
POSCO Future M Company, Ltd. | 107 | 36,316 | |||
POSCO Holdings, Inc. | 625 | 273,277 | |||
Posco International Corp. | 658 | 39,400 | |||
PSK, Inc. | 1,312 | 18,569 | |||
Pulmuone Company, Ltd. | 814 | 6,978 | |||
RFHIC Corp. | 601 | 7,907 | |||
S-1 Corp. | 916 | 38,647 | |||
Sajodaerim Corp. | 926 | 20,030 | |||
Sam Chun Dang Pharm Company, Ltd. (A) | 567 | 37,652 | |||
Sam Young Electronics Company, Ltd. | 1,240 | 8,364 | |||
Sam Yung Trading Company, Ltd. | 901 | 8,690 | |||
Sambu Engineering & Construction Company, Ltd. (A) | 10,696 | 28,124 | |||
Samchully Company, Ltd. | 63 | 5,219 | |||
Samick THK Company, Ltd. | 534 | 5,438 | |||
Samjin Pharmaceutical Company, Ltd. | 502 | 8,491 | |||
Samkee Corp. (A) | 5,031 | 10,077 | |||
Samkee EV Company, Ltd. (A) | 236 | 1,071 | |||
SAMPYO Cement Company, Ltd. | 2,549 | 6,482 | |||
Samsung Biologics Company, Ltd. (A)(B) | 98 | 54,598 | |||
Samsung C&T Corp. | 947 | 74,925 | |||
Samsung Card Company, Ltd. | 1,362 | 30,847 | |||
Samsung Electro-Mechanics Company, Ltd. | 1,686 | 172,416 | |||
Samsung Electronics Company, Ltd. | 75,696 | 3,828,420 | |||
Samsung Electronics Company, Ltd., GDR | 794 | 1,000,748 | |||
Samsung Engineering Company, Ltd. (A) | 2,863 | 73,547 | |||
Samsung Fire & Marine Insurance Company, Ltd. | 1,072 | 199,693 | |||
Samsung Heavy Industries Company, Ltd. (A) | 4,081 | 27,175 | |||
Samsung Life Insurance Company, Ltd. | 1,023 | 52,287 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 72 |
Shares | Value | ||||
South Korea (continued) | |||||
Samsung SDI Company, Ltd. | 260 | $120,588 | |||
Samsung SDS Company, Ltd. | 480 | 51,513 | |||
Samsung Securities Company, Ltd. | 2,467 | 69,628 | |||
SAMT Company, Ltd. | 6,335 | 12,783 | |||
Samwha Capacitor Company, Ltd. | 526 | 15,797 | |||
Samyang Corp. | 253 | 8,764 | |||
Samyang Foods Company, Ltd. | 292 | 42,898 | |||
Samyang Holdings Corp. | 267 | 14,092 | |||
Sangsangin Company, Ltd. (A) | 3,162 | 11,009 | |||
Saramin Company, Ltd. | 326 | 4,932 | |||
SD Biosensor, Inc. | 1,807 | 17,091 | |||
Seah Besteel Holdings Corp. | 1,462 | 26,071 | |||
SeAH Holdings Corp. | 61 | 5,056 | |||
SeAH Steel Corp. | 195 | 20,531 | |||
SeAH Steel Holdings Corp. | 93 | 13,066 | |||
Sebang Company, Ltd. | 571 | 5,354 | |||
Sebang Global Battery Company, Ltd. | 496 | 22,455 | |||
Seegene, Inc. | 2,115 | 35,467 | |||
Sejong Industrial Company, Ltd. | 995 | 5,112 | |||
Seojin System Company, Ltd. (A) | 1,392 | 16,928 | |||
Seoul Semiconductor Company, Ltd. | 1,598 | 14,259 | |||
Seoyon Company, Ltd. | 2,013 | 11,606 | |||
Seoyon E-Hwa Company, Ltd. | 1,858 | 22,340 | |||
Sewon E&C Company, Ltd. (A)(C) | 4,490 | 863 | |||
SFA Engineering Corp. | 833 | 20,932 | |||
SFA Semicon Company, Ltd. (A) | 2,349 | 8,865 | |||
SGC Energy Company, Ltd. | 730 | 14,519 | |||
SGC eTec E&C Company, Ltd. | 205 | 3,301 | |||
Shin Heung Energy & Electronics Company, Ltd. | 599 | 22,633 | |||
Shinhan Financial Group Company, Ltd. | 11,487 | 308,560 | |||
Shinsegae Food Company, Ltd. | 221 | 6,652 | |||
Shinsegae International, Inc. | 545 | 7,778 | |||
Shinsegae, Inc. | 327 | 50,151 | |||
Shinsung Delta Tech Company, Ltd. | 400 | 14,605 | |||
Shinsung E&G Company, Ltd. (A) | 12,585 | 28,059 | |||
Shinyoung Securities Company, Ltd. | 377 | 16,057 | |||
SIMMTECH Company, Ltd. | 552 | 15,102 | |||
SIMMTECH HOLDINGS Company, Ltd. | 4,459 | 9,465 | |||
SIMPAC, Inc. | 4,651 | 15,144 | |||
SK Biopharmaceuticals Company, Ltd. (A) | 446 | 28,879 | |||
SK Bioscience Company, Ltd. (A) | 424 | 23,569 | |||
SK Chemicals Company, Ltd. | 152 | 7,225 | |||
SK D&D Company, Ltd. | 481 | 7,857 | |||
SK Discovery Company, Ltd. | 404 | 12,800 |
73 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
South Korea (continued) | |||||
SK Gas, Ltd. | 234 | $22,280 | |||
SK Hynix, Inc. | 13,144 | 1,208,593 | |||
SK IE Technology Company, Ltd. (A)(B) | 460 | 31,366 | |||
SK Innovation Company, Ltd. (A) | 1,469 | 197,039 | |||
SK Networks Company, Ltd. | 9,038 | 49,269 | |||
SK Oceanplant Company, Ltd. (A) | 1,455 | 23,746 | |||
SK Securities Company, Ltd. | 33,889 | 16,628 | |||
SK Telecom Company, Ltd. | 1,749 | 63,531 | |||
SK, Inc. | 842 | 91,938 | |||
SKC Company, Ltd. | 361 | 24,947 | |||
SL Corp. | 916 | 24,770 | |||
SM Entertainment Company, Ltd. | 343 | 35,644 | |||
SNT Holdings Company, Ltd. | 302 | 3,652 | |||
SNT Motiv Company, Ltd. | 643 | 23,794 | |||
S-Oil Corp. | 1,607 | 88,761 | |||
Solid, Inc. | 2,651 | 11,913 | |||
SOLUM Company, Ltd. (A) | 1,423 | 32,739 | |||
Solus Advanced Materials Company, Ltd. | 459 | 11,336 | |||
Songwon Industrial Company, Ltd. | 862 | 12,696 | |||
Soulbrain Company, Ltd. | 162 | 27,845 | |||
Soulbrain Holdings Company, Ltd. | 248 | 7,327 | |||
Spigen Korea Company, Ltd. | 296 | 7,252 | |||
SSANGYONG C&E Company, Ltd. | 4,522 | 18,802 | |||
ST Pharm Company, Ltd. | 358 | 21,965 | |||
STIC Investments, Inc. | 1,746 | 10,068 | |||
Studio Dragon Corp. (A) | 258 | 10,063 | |||
Sugentech, Inc. | 1,465 | 7,505 | |||
Suheung Company, Ltd. | 579 | 13,142 | |||
Sung Kwang Bend Company, Ltd. | 1,291 | 14,898 | |||
Sungshin Cement Company, Ltd. | 1,538 | 10,648 | |||
Sungwoo Hitech Company, Ltd. | 3,363 | 25,684 | |||
Sunjin Company, Ltd. | 1,060 | 6,596 | |||
Sunny Electronics Corp. (A) | 1,058 | 1,943 | |||
Suprema, Inc. (A) | 225 | 3,682 | |||
SY Company, Ltd. (A) | 1,552 | 5,173 | |||
Synopex, Inc. (A) | 11,209 | 40,015 | |||
Systems Technology, Inc. | 946 | 20,177 | |||
Tae Kyung Industrial Company, Ltd. | 604 | 3,562 | |||
Taekwang Industrial Company, Ltd. | 15 | 6,874 | |||
Taeyoung Engineering & Construction Company, Ltd. | 2,164 | 6,323 | |||
Taihan Electric Wire Company, Ltd. (A) | 2,202 | 21,966 | |||
Taihan Fiberoptics Company, Ltd. (A) | 8,404 | 11,488 | |||
TCC Steel | 830 | 34,642 | |||
TechWing, Inc. | 2,472 | 14,089 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 74 |
Shares | Value | ||||
South Korea (continued) | |||||
Telechips, Inc. | 1,208 | $20,349 | |||
TES Company, Ltd. | 818 | 12,146 | |||
The Nature Holdings Company, Ltd. | 1,348 | 22,055 | |||
Theragen Etex Company, Ltd. (A) | 1,048 | 3,643 | |||
TK Corp. | 1,251 | 19,429 | |||
TKG Huchems Company, Ltd. | 1,256 | 21,026 | |||
Tokai Carbon Korea Company, Ltd. | 189 | 13,105 | |||
Tongyang Life Insurance Company, Ltd. (A) | 3,769 | 12,587 | |||
Toptec Company, Ltd. | 1,541 | 9,645 | |||
TSE Company, Ltd. | 653 | 20,777 | |||
TY Holdings Company, Ltd. | 1,334 | 7,015 | |||
TYM Corp. | 3,991 | 17,859 | |||
Uju Electronics Company, Ltd. | 578 | 6,464 | |||
Unid Company, Ltd. | 170 | 7,465 | |||
Union Semiconductor Equipment & Materials Company, Ltd. | 1,777 | 11,288 | |||
Uniquest Corp. | 1,605 | 19,844 | |||
Unison Company, Ltd. (A) | 8,470 | 10,194 | |||
Value Added Technology Company, Ltd. | 533 | 13,824 | |||
Webzen, Inc. | 1,268 | 13,626 | |||
Whanin Pharmaceutical Company, Ltd. | 637 | 7,088 | |||
Winix, Inc. | 1,393 | 10,187 | |||
WiSoL Company, Ltd. | 1,676 | 7,882 | |||
WIZIT Company, Ltd. (A) | 3,288 | 1,745 | |||
Won Tech Company, Ltd. (A) | 2,119 | 23,876 | |||
Wonik Holdings Company, Ltd. (A) | 3,450 | 8,577 | |||
WONIK IPS Company, Ltd. | 1,338 | 31,163 | |||
Wonik QnC Corp. | 792 | 16,800 | |||
Woongjin Thinkbig Company, Ltd. | 5,571 | 10,336 | |||
Woori Financial Group, Inc. | 21,573 | 194,082 | |||
Woori Technology Investment Company, Ltd. (A) | 4,199 | 11,109 | |||
Woori Technology, Inc. (A) | 3,129 | 3,247 | |||
Woorison F&G Company, Ltd. | 2,437 | 3,397 | |||
Y G-1 Company, Ltd. | 1,316 | 5,700 | |||
YG Entertainment, Inc. | 319 | 19,653 | |||
YJM Games Company, Ltd. (A) | 1,588 | 1,086 | |||
Youlchon Chemical Company, Ltd. | 1,067 | 25,892 | |||
Young Poong Precision Corp. | 1,950 | 20,084 | |||
Youngone Corp. | 961 | 39,003 | |||
Youngone Holdings Company, Ltd. | 249 | 14,110 | |||
Yuanta Securities Korea Company, Ltd. | 8,310 | 15,982 | |||
Yuhan Corp. | 505 | 27,798 | |||
Yungjin Pharmaceutical Company, Ltd. (A) | 3,547 | 6,648 | |||
Zeus Company, Ltd. | 989 | 30,991 | |||
Zinus, Inc. | 1,264 | 25,222 |
75 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Spain 0.0% | $16,362 | ||||
AmRest Holdings SE (A) | 2,461 | 16,362 | |||
Taiwan 16.3% | 28,799,297 | ||||
Abico Avy Company, Ltd. | 11,089 | 8,924 | |||
Ability Enterprise Company, Ltd. | 24,000 | 17,499 | |||
AcBel Polytech, Inc. | 23,396 | 34,007 | |||
Accton Technology Corp. | 7,796 | 116,272 | |||
Acer, Inc. | 51,510 | 59,060 | |||
ACES Electronic Company, Ltd. | 11,000 | 9,591 | |||
Acter Group Corp., Ltd. | 3,394 | 16,656 | |||
A-DATA Technology Company, Ltd. | 10,000 | 27,195 | |||
Addcn Technology Company, Ltd. | 2,603 | 16,254 | |||
Advanced Ceramic X Corp. | 2,000 | 12,134 | |||
Advanced Energy Solution Holding Company, Ltd. | 1,000 | 19,579 | |||
Advanced International Multitech Company, Ltd. | 8,000 | 19,008 | |||
Advanced Wireless Semiconductor Company (A) | 4,000 | 12,158 | |||
Advancetek Enterprise Company, Ltd. | 17,000 | 18,248 | |||
Advantech Company, Ltd. | 4,111 | 44,240 | |||
Aerospace Industrial Development Corp. | 11,000 | 21,385 | |||
AGV Products Corp. | 59,000 | 23,493 | |||
Airtac International Group | 1,816 | 52,312 | |||
Alchip Technologies, Ltd. | 1,000 | 76,928 | |||
ALI Corp. (A) | 19,000 | 10,740 | |||
All Ring Tech Company, Ltd. | 10,000 | 34,130 | |||
Allied Supreme Corp. | 2,000 | 17,545 | |||
Allis Electric Company, Ltd. | 4,326 | 6,855 | |||
Alltek Technology Corp. | 11,445 | 12,461 | |||
Alltop Technology Company, Ltd. | 2,000 | 10,745 | |||
Alpha Networks, Inc. | 12,000 | 14,928 | |||
Altek Corp. | 10,000 | 11,150 | |||
Amazing Microelectronic Corp. | 4,931 | 16,834 | |||
AMPOC Far-East Company, Ltd. | 7,000 | 14,601 | |||
AmTRAN Technology Company, Ltd. | 18,900 | 7,232 | |||
Anpec Electronics Corp. | 3,000 | 12,767 | |||
Apacer Technology, Inc. | 8,000 | 13,471 | |||
Apex Biotechnology Corp. | 8,060 | 6,873 | |||
Apex International Company, Ltd. | 9,000 | 16,110 | |||
Arcadyan Technology Corp. | 8,898 | 41,462 | |||
Ardentec Corp. | 19,363 | 37,901 | |||
Argosy Research, Inc. | 7,000 | 29,806 | |||
ASE Technology Holding Company, Ltd., ADR | 29,238 | 240,336 | |||
Asia Cement Corp. | 53,608 | 67,151 | |||
Asia Optical Company, Inc. | 9,710 | 19,428 | |||
Asia Pacific Telecom Company, Ltd. (A) | 116,666 | 22,812 | |||
Asia Polymer Corp. | 29,994 | 23,801 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 76 |
Shares | Value | ||||
Taiwan (continued) | |||||
Asia Vital Components Company, Ltd. | 7,346 | $76,852 | |||
ASIX Electronics Corp. | 5,000 | 17,604 | |||
ASMedia Technology, Inc. | 1,000 | 30,769 | |||
ASPEED Technology, Inc. | 1,100 | 92,793 | |||
Asustek Computer, Inc. | 11,528 | 145,241 | |||
Aten International Company, Ltd. | 4,000 | 10,275 | |||
Audix Corp. | 6,000 | 10,912 | |||
AUO Corp. (A) | 149,800 | 83,650 | |||
AURAS Technology Company, Ltd. | 3,000 | 26,868 | |||
Aurora Corp. | 4,000 | 9,533 | |||
Axiomtek Company, Ltd. | 9,894 | 28,073 | |||
Bafang Yunji International Company, Ltd. | 3,000 | 15,835 | |||
Bank of Kaohsiung Company, Ltd. (A) | 44,887 | 17,606 | |||
Basso Industry Corp. | 8,700 | 10,677 | |||
BenQ Materials Corp. | 23,000 | 25,664 | |||
BES Engineering Corp. | 45,200 | 14,260 | |||
Bioteque Corp. | 3,000 | 10,204 | |||
Bora Pharmaceuticals Company, Ltd. | 1,299 | 29,161 | |||
Brighton-Best International Taiwan, Inc. | 28,000 | 28,989 | |||
C Sun Manufacturing, Ltd. | 8,240 | 11,757 | |||
Calin Technology Company, Ltd. (A) | 10,000 | 12,727 | |||
Capital Securities Corp. | 64,826 | 30,087 | |||
Career Technology MFG. Company, Ltd. | 29,599 | 21,067 | |||
Castles Technology Company, Ltd. | 5,000 | 16,444 | |||
Caswell, Inc. | 3,000 | 7,817 | |||
Catcher Technology Company, Ltd. | 16,000 | 90,527 | |||
Cathay Financial Holding Company, Ltd. (A) | 91,825 | 131,295 | |||
Cathay Real Estate Development Company, Ltd. | 19,000 | 9,042 | |||
Center Laboratories, Inc. | 18,902 | 30,507 | |||
Central Reinsurance Company, Ltd. (A) | 21,837 | 16,102 | |||
Chailease Holding Company, Ltd. | 26,187 | 145,980 | |||
Chang Hwa Commercial Bank, Ltd. | 71,266 | 38,676 | |||
Chang Wah Electromaterials, Inc. | 14,090 | 13,455 | |||
Chang Wah Technology Company, Ltd. | 17,500 | 19,148 | |||
Channel Well Technology Company, Ltd. | 7,000 | 18,767 | |||
Charoen Pokphand Enterprise | 12,611 | 38,392 | |||
CHC Resources Corp. | 7,000 | 11,459 | |||
Chen Full International Company, Ltd. | 14,000 | 17,064 | |||
Chenbro Micom Company, Ltd. | 3,000 | 21,695 | |||
Cheng Loong Corp. | 47,480 | 42,558 | |||
Cheng Mei Materials Technology Corp. (A) | 39,132 | 14,741 | |||
Cheng Shin Rubber Industry Company, Ltd. | 56,031 | 69,605 | |||
Cheng Uei Precision Industry Company, Ltd. | 16,000 | 23,447 | |||
Chia Chang Company, Ltd. | 10,000 | 13,330 |
77 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Chia Hsin Cement Corp. | 17,431 | $10,270 | |||
Chicony Electronics Company, Ltd. | 22,455 | 72,811 | |||
Chicony Power Technology Company, Ltd. | 12,305 | 45,171 | |||
Chief Telecom, Inc. | 3,300 | 38,259 | |||
Chieftek Precision Company, Ltd. | 7,700 | 15,582 | |||
China Airlines, Ltd. | 119,820 | 84,924 | |||
China Bills Finance Corp. | 43,000 | 19,778 | |||
China Development Financial Holding Corp. (A) | 271,192 | 100,755 | |||
China Electric Manufacturing Corp. | 35,000 | 19,040 | |||
China General Plastics Corp. | 13,690 | 10,369 | |||
China Man-Made Fiber Corp. (A) | 59,001 | 14,752 | |||
China Metal Products Company, Ltd. | 14,966 | 16,922 | |||
China Motor Corp. | 10,000 | 28,195 | |||
China Petrochemical Development Corp. (A) | 171,683 | 50,833 | |||
China Steel Chemical Corp. | 6,000 | 20,601 | |||
China Steel Corp. | 191,038 | 158,896 | |||
China Steel Structure Company, Ltd. | 6,000 | 10,521 | |||
Ching Feng Home Fashions Company, Ltd. | 11,000 | 6,076 | |||
Chin-Poon Industrial Company, Ltd. | 13,642 | 16,804 | |||
Chipbond Technology Corp. | 23,000 | 50,348 | |||
ChipMOS Technologies, Inc. | 37,638 | 45,268 | |||
Chong Hong Construction Company, Ltd. | 5,024 | 11,392 | |||
Chroma ATE, Inc. | 6,440 | 56,336 | |||
Chun Yuan Steel Industry Company, Ltd. | 33,381 | 18,219 | |||
Chung Hung Steel Corp. | 50,226 | 36,394 | |||
Chung Hwa Food Industrial Company, Ltd. | 3,000 | 9,510 | |||
Chung-Hsin Electric & Machinery Manufacturing Corp. | 11,000 | 39,177 | |||
Chunghwa Precision Test Tech Company, Ltd. | 1,000 | 16,026 | |||
Chunghwa Telecom Company, Ltd. | 34,000 | 123,959 | |||
Cleanaway Company, Ltd. | 6,000 | 34,636 | |||
Clevo Company | 17,120 | 16,910 | |||
CMC Magnetics Corp. (A) | 27,448 | 10,750 | |||
Compal Electronics, Inc. | 97,895 | 97,743 | |||
Compeq Manufacturing Company, Ltd. | 49,000 | 69,539 | |||
Concord Securities Company, Ltd. (A) | 38,000 | 16,914 | |||
Continental Holdings Corp. | 12,950 | 10,808 | |||
Coremax Corp. | 3,990 | 9,218 | |||
Coretronic Corp. | 17,000 | 42,112 | |||
Co-Tech Development Corp. | 9,000 | 19,395 | |||
CSBC Corp. Taiwan (A) | 14,000 | 10,188 | |||
CTBC Financial Holding Company, Ltd. | 282,967 | 211,496 | |||
CTCI Corp. | 27,000 | 33,417 | |||
CyberPower Systems, Inc. | 4,200 | 30,938 | |||
CyberTAN Technology, Inc. (A) | 23,000 | 16,016 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 78 |
Shares | Value | ||||
Taiwan (continued) | |||||
DA CIN Construction Company, Ltd. | 11,000 | $11,522 | |||
Da-Li Development Company, Ltd. | 17,850 | 16,859 | |||
Darfon Electronics Corp. | 7,000 | 9,569 | |||
Daxin Materials Corp. | 9,000 | 31,686 | |||
Delta Electronics, Inc. | 9,253 | 99,996 | |||
Depo Auto Parts Industrial Company, Ltd. | 8,000 | 30,455 | |||
Dimerco Data System Corp. | 6,300 | 20,565 | |||
Dimerco Express Corp. | 6,300 | 15,164 | |||
D-Link Corp. | 19,004 | 14,917 | |||
Dynamic Holding Company, Ltd. | 17,000 | 30,243 | |||
Dynapack International Technology Corp. | 10,000 | 25,102 | |||
E Ink Holdings, Inc. | 6,000 | 34,295 | |||
E&R Engineering Corp. | 9,000 | 20,680 | |||
E.Sun Financial Holding Company, Ltd. | 233,973 | 179,437 | |||
Eastern Media International Corp. (A) | 17,217 | 10,937 | |||
Eclat Textile Company, Ltd. | 4,532 | 72,203 | |||
ECOVE Environment Corp. | 3,000 | 29,305 | |||
Edom Technology Company, Ltd. | 10,000 | 7,238 | |||
Egis Technology, Inc. | 4,000 | 10,283 | |||
Elan Microelectronics Corp. | 9,400 | 35,380 | |||
E-LIFE MALL Corp. | 6,000 | 16,000 | |||
Elite Advanced Laser Corp. | 9,000 | 11,737 | |||
Elite Material Company, Ltd. | 3,831 | 52,330 | |||
Elite Semiconductor Microelectronics Technology, Inc. | 7,000 | 16,331 | |||
Elitegroup Computer Systems Company, Ltd. | 15,000 | 18,530 | |||
eMemory Technology, Inc. | 2,000 | 113,300 | |||
Emerging Display Technologies Corp. | 30,000 | 31,813 | |||
Ennoconn Corp. | 3,000 | 24,629 | |||
Ennostar, Inc. (A) | 31,605 | 45,014 | |||
EnTie Commercial Bank Company, Ltd. | 52,000 | 22,936 | |||
Episil Technologies, Inc. | 8,000 | 19,810 | |||
Episil-Precision, Inc. | 7,000 | 13,050 | |||
Eris Technology Corp. | 3,000 | 27,427 | |||
Eson Precision Ind Company, Ltd. | 12,000 | 24,652 | |||
Eternal Materials Company, Ltd. | 33,217 | 30,274 | |||
Eurocharm Holdings Company, Ltd. | 2,000 | 10,761 | |||
Eva Airways Corp. | 72,332 | 71,385 | |||
Everest Textile Company, Ltd. (A) | 50,000 | 12,270 | |||
Evergreen International Storage & Transport Corp. | 27,320 | 24,401 | |||
Evergreen Marine Corp. Taiwan, Ltd. | 39,672 | 132,486 | |||
Evergreen Steel Corp. | 12,000 | 25,717 | |||
Everlight Chemical Industrial Corp. | 26,000 | 15,703 | |||
Everlight Electronics Company, Ltd. | 19,000 | 27,348 | |||
Excelsior Medical Company, Ltd. | 11,550 | 32,351 |
79 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Far Eastern Department Stores, Ltd. | 54,558 | $40,566 | |||
Far Eastern International Bank | 129,418 | 46,875 | |||
Far Eastern New Century Corp. | 113,878 | 100,526 | |||
Far EasTone Telecommunications Company, Ltd. | 45,000 | 99,811 | |||
Faraday Technology Corp. | 5,000 | 53,861 | |||
Farglory F T Z Investment Holding Company, Ltd. | 12,100 | 21,274 | |||
Farglory Land Development Company, Ltd. | 17,526 | 30,574 | |||
Federal Corp. (A) | 21,137 | 11,568 | |||
Feng Hsin Steel Company, Ltd. | 17,000 | 35,940 | |||
Feng TAY Enterprise Company, Ltd. | 8,393 | 44,174 | |||
First Financial Holding Company, Ltd. | 139,956 | 115,509 | |||
First Hi-Tec Enterprise Company, Ltd. | 8,000 | 22,297 | |||
First Hotel | 14,923 | 7,215 | |||
First Steamship Company, Ltd. (A) | 31,479 | 8,343 | |||
FIT Holding Company, Ltd. | 12,000 | 12,279 | |||
Fitipower Integrated Technology, Inc. | 6,000 | 26,954 | |||
Fittech Company, Ltd. | 3,000 | 6,211 | |||
FLEXium Interconnect, Inc. | 14,352 | 40,890 | |||
Flytech Technology Company, Ltd. | 6,125 | 12,923 | |||
Formosa Advanced Technologies Company, Ltd. | 9,000 | 11,105 | |||
Formosa Chemicals & Fibre Corp. | 48,440 | 94,271 | |||
Formosa International Hotels Corp. | 4,000 | 28,233 | |||
Formosa Laboratories, Inc. | 9,000 | 24,173 | |||
Formosa Petrochemical Corp. | 12,000 | 29,888 | |||
Formosa Plastics Corp. | 21,880 | 54,622 | |||
Formosa Sumco Technology Corp. | 2,000 | 9,016 | |||
Formosa Taffeta Company, Ltd. | 32,000 | 25,615 | |||
Formosan Rubber Group, Inc. | 18,180 | 12,406 | |||
Formosan Union Chemical | 26,000 | 17,207 | |||
Fortune Electric Company, Ltd. | 2,000 | 18,720 | |||
Foxconn Technology Company, Ltd. | 21,617 | 37,724 | |||
Foxsemicon Integrated Technology, Inc. | 2,427 | 13,868 | |||
Froch Enterprise Company, Ltd. | 32,000 | 18,518 | |||
FSP Technology, Inc. | 8,000 | 12,776 | |||
Fu Hua Innovation Company, Ltd. | 25,202 | 23,435 | |||
Fubon Financial Holding Company, Ltd. | 79,175 | 157,888 | |||
Fulgent Sun International Holding Company, Ltd. | 9,112 | 36,821 | |||
Fulltech Fiber Glass Corp. | 35,041 | 14,613 | |||
Fusheng Precision Company, Ltd. | 5,000 | 31,065 | |||
Fwusow Industry Company, Ltd. | 21,630 | 13,580 | |||
G Shank Enterprise Company, Ltd. | 8,000 | 11,940 | |||
Gallant Precision Machining Company, Ltd. | 14,000 | 14,083 | |||
Gamania Digital Entertainment Company, Ltd. | 7,000 | 14,877 | |||
GEM Services, Inc. | 7,000 | 14,267 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 80 |
Shares | Value | ||||
Taiwan (continued) | |||||
Gemtek Technology Corp. | 26,496 | $31,001 | |||
General Interface Solution Holding, Ltd. | 14,000 | 27,179 | |||
Genius Electronic Optical Company, Ltd. | 2,952 | 35,420 | |||
GeoVision, Inc. | 1,703 | 2,417 | |||
Getac Holdings Corp. | 20,000 | 44,072 | |||
GFC, Ltd. | 6,000 | 14,993 | |||
Giant Manufacturing Company, Ltd. | 6,217 | 38,163 | |||
Gigabyte Technology Company, Ltd. | 2,719 | 28,964 | |||
Gigasolar Materials Corp. (A) | 7,000 | 18,044 | |||
Gigastorage Corp. (A) | 21,000 | 10,756 | |||
Global Brands Manufacture, Ltd. | 14,362 | 25,557 | |||
Global Lighting Technologies, Inc. | 10,000 | 16,236 | |||
Global Mixed Mode Technology, Inc. | 3,000 | 21,849 | |||
Global PMX Company, Ltd. | 2,000 | 8,431 | |||
Global Unichip Corp. | 2,000 | 91,026 | |||
Globalwafers Company, Ltd. | 8,000 | 114,889 | |||
Globe Union Industrial Corp. (A) | 24,455 | 11,514 | |||
Gloria Material Technology Corp. | 22,000 | 31,137 | |||
GMI Technology, Inc. | 27,000 | 15,494 | |||
Gold Circuit Electronics, Ltd. | 8,100 | 54,493 | |||
Goldsun Building Materials Company, Ltd. | 52,208 | 43,981 | |||
Gourmet Master Company, Ltd. | 4,000 | 14,169 | |||
Grand Pacific Petrochemical | 48,000 | 25,306 | |||
Grand Process Technology Corp. | 2,000 | 33,260 | |||
Grape King Bio, Ltd. | 7,000 | 33,782 | |||
Great Taipei Gas Company, Ltd. | 25,000 | 25,794 | |||
Great Tree Pharmacy Company, Ltd. | 3,403 | 37,527 | |||
Great Wall Enterprise Company, Ltd. | 14,287 | 24,467 | |||
Greatek Electronics, Inc. | 12,000 | 21,816 | |||
Gudeng Precision Industrial Company, Ltd. | 3,000 | 32,389 | |||
Hannstar Board Corp. | 23,213 | 40,126 | |||
HannStar Display Corp. (A) | 111,980 | 43,004 | |||
HannsTouch Holdings Company (A) | 42,000 | 12,980 | |||
Hey Song Corp. | 18,250 | 22,147 | |||
Highlight Tech Corp. | 7,000 | 10,233 | |||
Highwealth Construction Corp. | 27,994 | 37,767 | |||
Hitron Technology, Inc. | 8,267 | 9,984 | |||
Hiwin Technologies Corp. | 7,083 | 45,480 | |||
Hiyes International Company, Ltd. | 7,000 | 15,284 | |||
Ho Tung Chemical Corp. | 55,773 | 15,000 | |||
Holtek Semiconductor, Inc. | 15,000 | 29,618 | |||
Holy Stone Enterprise Company, Ltd. | 7,350 | 22,603 | |||
Hon Hai Precision Industry Company, Ltd. | 242,352 | 809,152 | |||
Hong TAI Electric Industrial | 29,000 | 23,051 |
81 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Horizon Securities Company, Ltd. (A) | 43,460 | $15,540 | |||
Hota Industrial Manufacturing Company, Ltd. | 5,000 | 10,271 | |||
Hotai Finance Company, Ltd. | 4,400 | 17,742 | |||
Hotai Motor Company, Ltd. | 1,020 | 21,696 | |||
Hsin Kuang Steel Company, Ltd. | 9,000 | 13,219 | |||
HTC Corp. (A) | 16,700 | 27,617 | |||
Hu Lane Associate, Inc. | 3,000 | 13,573 | |||
HUA ENG Wire & Cable Company, Ltd. | 36,000 | 23,123 | |||
Hua Nan Financial Holdings Company, Ltd. | 225,398 | 145,035 | |||
Huaku Development Company, Ltd. | 12,353 | 34,712 | |||
Huang Hsiang Construction Corp. | 10,000 | 12,296 | |||
Hung Ching Development & Construction Company, Ltd. | 14,000 | 10,061 | |||
Hung Sheng Construction, Ltd. | 14,000 | 8,394 | |||
Ibase Technology, Inc. | 10,000 | 32,119 | |||
IBF Financial Holdings Company, Ltd. (A) | 92,070 | 34,368 | |||
Ichia Technologies, Inc. | 19,000 | 27,953 | |||
IEI Integration Corp. | 9,000 | 22,959 | |||
Infortrend Technology, Inc. | 36,000 | 23,899 | |||
Innodisk Corp. | 2,729 | 23,952 | |||
Innolux Corp. | 196,648 | 89,078 | |||
Inpaq Technology Company, Ltd. | 6,650 | 11,421 | |||
Intai Technology Corp. | 3,000 | 11,095 | |||
Integrated Service Technology, Inc. | 9,000 | 29,456 | |||
International CSRC Investment Holdings Company | 35,797 | 22,648 | |||
International Games System Company, Ltd. | 2,000 | 36,055 | |||
Inventec Corp. | 15,705 | 27,667 | |||
ITE Technology, Inc. | 6,000 | 26,933 | |||
ITEQ Corp. | 12,626 | 38,885 | |||
J&V Energy Technology Company, Ltd. | 7,000 | 18,463 | |||
Jentech Precision Industrial Company, Ltd. | 2,199 | 44,484 | |||
Jourdeness Group, Ltd. | 3,000 | 6,495 | |||
Kaimei Electronic Corp. | 2,292 | 4,590 | |||
Kedge Construction Company, Ltd. | 7,970 | 18,833 | |||
Keding Enterprises Company, Ltd. (A) | 5,000 | 18,838 | |||
KEE TAI Properties Company, Ltd. | 24,973 | 11,248 | |||
Kenda Rubber Industrial Company, Ltd. | 18,844 | 17,828 | |||
Kerry TJ Logistics Company, Ltd. | 9,000 | 10,746 | |||
Keystone Microtech Corp. | 2,000 | 12,214 | |||
Kindom Development Company, Ltd. | 29,000 | 29,510 | |||
King Slide Works Company, Ltd. | 1,000 | 28,576 | |||
King Yuan Electronics Company, Ltd. | 41,762 | 100,410 | |||
King’s Town Bank Company, Ltd. | 37,000 | 42,888 | |||
Kinik Company | 6,000 | 24,369 | |||
Kinko Optical Company, Ltd. | 24,000 | 22,045 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 82 |
Shares | Value | ||||
Taiwan (continued) | |||||
Kinpo Electronics, Inc. | 52,724 | $26,577 | |||
Kinsus Interconnect Technology Corp. | 18,000 | 59,715 | |||
KMC Kuei Meng International, Inc. | 3,000 | 13,357 | |||
KNH Enterprise Company, Ltd. (A) | 22,000 | 12,762 | |||
KS Terminals, Inc. | 7,000 | 16,096 | |||
Kung Long Batteries Industrial Company, Ltd. | 3,000 | 12,522 | |||
Kung Sing Engineering Corp. (A) | 37,000 | 9,084 | |||
Kuo Toong International Company, Ltd. | 22,000 | 21,041 | |||
Kwong Lung Enterprise Company, Ltd. | 7,000 | 12,006 | |||
L&K Engineering Company, Ltd. | 11,000 | 31,939 | |||
LandMark Optoelectronics Corp. | 9,000 | 28,329 | |||
Lanner Electronics, Inc. | 8,000 | 26,553 | |||
Largan Precision Company, Ltd. | 2,000 | 128,458 | |||
Lealea Enterprise Company, Ltd. (A) | 30,018 | 9,847 | |||
LEE CHI Enterprises Company, Ltd. | 17,000 | 8,632 | |||
Lelon Electronics Corp. | 10,000 | 18,118 | |||
Lian HWA Food Corp. | 8,547 | 23,023 | |||
Lida Holdings, Ltd. | 4,640 | 5,089 | |||
Lien Hwa Industrial Holdings Corp. | 15,850 | 30,422 | |||
Lingsen Precision Industries, Ltd. | 26,000 | 15,537 | |||
Lite-On Technology Corp. | 27,250 | 116,495 | |||
Long Da Construction & Development Corp. | 21,000 | 14,796 | |||
Longchen Paper & Packaging Company, Ltd. | 47,715 | 22,291 | |||
Longwell Company | 10,000 | 17,838 | |||
Lotes Company, Ltd. | 2,256 | 60,968 | |||
Lotus Pharmaceutical Company, Ltd. (A) | 2,000 | 15,853 | |||
Lumax International Corp., Ltd. | 6,169 | 16,459 | |||
Lung Yen Life Service Corp. (A) | 14,000 | 15,797 | |||
Macauto Industrial Company, Ltd. | 6,000 | 13,805 | |||
Machvision, Inc. | 2,079 | 13,059 | |||
Macroblock, Inc. | 3,000 | 8,600 | |||
Macronix International Company, Ltd. | 55,706 | 58,841 | |||
Makalot Industrial Company, Ltd. | 3,247 | 34,061 | |||
Marketech International Corp. | 4,000 | 17,329 | |||
Materials Analysis Technology, Inc. (A) | 2,259 | 21,508 | |||
Mechema Chemicals International Corp. | 5,000 | 12,604 | |||
MediaTek, Inc. | 32,000 | 705,711 | |||
Medigen Biotechnology Corp. (A) | 9,000 | 9,996 | |||
Mega Financial Holding Company, Ltd. | 59,542 | 67,009 | |||
Meiloon Industrial Company | 21,600 | 13,432 | |||
Mercuries & Associates Holding, Ltd. | 15,150 | 6,367 | |||
Mercuries Life Insurance Company, Ltd. (A) | 109,935 | 18,148 | |||
Merida Industry Company, Ltd. | 7,162 | 43,294 | |||
Merry Electronics Company, Ltd. | 13,128 | 35,464 |
83 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Micro-Star International Company, Ltd. | 16,488 | $82,449 | |||
Mildef Crete, Inc. | 4,000 | 8,398 | |||
Mirle Automation Corp. | 15,000 | 18,797 | |||
Mitac Holdings Corp. | 23,448 | 29,726 | |||
momo.com, Inc. | 1,716 | 27,989 | |||
MOSA Industrial Corp. | 12,984 | 10,752 | |||
MPI Corp. | 6,000 | 37,020 | |||
MSScorps Company, Ltd. | 4,000 | 22,287 | |||
Namchow Holdings Company, Ltd. | 12,000 | 18,037 | |||
Nan Ya Plastics Corp. | 27,860 | 57,820 | |||
Nan Ya Printed Circuit Board Corp. | 9,000 | 67,973 | |||
Nantex Industry Company, Ltd. | 26,039 | 29,726 | |||
Nanya Technology Corp. | 20,985 | 43,726 | |||
National Petroleum Company, Ltd. | 9,000 | 19,274 | |||
Netronix, Inc. | 8,000 | 17,200 | |||
Nexcom International Company, Ltd. (A) | 15,000 | 23,604 | |||
Nichidenbo Corp. | 6,000 | 9,993 | |||
Nien Made Enterprise Company, Ltd. | 4,000 | 37,489 | |||
Nova Technology Corp. | 6,000 | 23,329 | |||
Novatek Microelectronics Corp. | 14,000 | 175,013 | |||
Nuvoton Technology Corp. | 5,000 | 19,301 | |||
O-Bank Company, Ltd. | 100,562 | 29,964 | |||
Ocean Plastics Company, Ltd. (A) | 10,000 | 10,794 | |||
Oneness Biotech Company, Ltd. | 3,413 | 21,250 | |||
Orient Semiconductor Electronics, Ltd. | 25,000 | 36,891 | |||
Oriental Union Chemical Corp. | 36,300 | 23,059 | |||
O-TA Precision Industry Company, Ltd. | 5,000 | 14,269 | |||
Pacific Hospital Supply Company, Ltd. | 5,498 | 14,043 | |||
Pan German Universal Motors, Ltd. | 2,000 | 19,127 | |||
Pan Jit International, Inc. | 10,000 | 20,087 | |||
Pan-International Industrial Corp. | 28,443 | 33,407 | |||
PChome Online, Inc. (A) | 7,715 | 10,386 | |||
PCL Technologies, Inc. | 3,664 | 8,214 | |||
Pegatron Corp. | 51,321 | 125,499 | |||
Pegavision Corp. | 1,000 | 12,078 | |||
PharmaEssentia Corp. (A) | 1,043 | 11,713 | |||
Pharmally International Holding Company, Ltd. (A)(C) | 3,533 | 2,198 | |||
Phison Electronics Corp. | 5,000 | 66,299 | |||
Phoenix Silicon International Corp. | 12,000 | 21,131 | |||
Pixart Imaging, Inc. | 4,000 | 15,989 | |||
Polytronics Technology Corp. | 4,188 | 7,393 | |||
Pou Chen Corp. | 60,448 | 54,238 | |||
Power Wind Health Industry, Inc. | 3,150 | 13,491 | |||
Powerchip Semiconductor Manufacturing Corp. | 124,000 | 108,143 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 84 |
Shares | Value | ||||
Taiwan (continued) | |||||
Powertech Technology, Inc. | 26,000 | $81,209 | |||
Poya International Company, Ltd. | 1,960 | 29,868 | |||
President Chain Store Corp. | 12,000 | 100,627 | |||
President Securities Corp. | 29,515 | 18,101 | |||
Primax Electronics, Ltd. | 18,000 | 37,383 | |||
Prince Housing & Development Corp. | 37,943 | 12,502 | |||
Prodisc Technology, Inc. (A)(C) | 540,000 | 0 | |||
Promate Electronic Company, Ltd. | 7,000 | 9,688 | |||
Prosperity Dielectrics Company, Ltd. | 7,000 | 10,369 | |||
Qisda Corp. | 45,440 | 63,757 | |||
Quang Viet Enterprise Company, Ltd. | 3,000 | 10,541 | |||
Quanta Computer, Inc. | 14,000 | 110,974 | |||
Quanta Storage, Inc. | 7,000 | 21,546 | |||
Quintain Steel Company, Ltd. | 31,970 | 13,995 | |||
Radiant Opto-Electronics Corp. | 12,343 | 46,258 | |||
Radium Life Tech Company, Ltd. (A) | 42,476 | 11,896 | |||
Raydium Semiconductor Corp. | 3,000 | 30,239 | |||
Realtek Semiconductor Corp. | 6,706 | 87,636 | |||
Rechi Precision Company, Ltd. | 22,000 | 14,169 | |||
Rexon Industrial Corp., Ltd. (A) | 9,000 | 9,737 | |||
Rich Development Company, Ltd. | 36,000 | 10,423 | |||
Ritek Corp. (A) | 29,707 | 7,875 | |||
Roo Hsing Company, Ltd. (A) | 48,000 | 6,029 | |||
Ruentex Development Company, Ltd. (A) | 30,456 | 35,185 | |||
Ruentex Engineering & Construction Company | 3,000 | 9,701 | |||
Ruentex Industries, Ltd. (A) | 20,574 | 40,196 | |||
Sakura Development Company, Ltd. | 26,659 | 33,250 | |||
Sampo Corp. | 16,197 | 14,126 | |||
San Fu Chemical Company, Ltd. | 5,000 | 20,816 | |||
San Shing Fastech Corp. | 7,000 | 12,641 | |||
Sanyang Motor Company, Ltd. | 10,389 | 24,188 | |||
Savior Lifetec Corp. | 36,000 | 20,715 | |||
ScinoPharm Taiwan, Ltd. | 15,000 | 12,782 | |||
SDI Corp. | 4,000 | 12,569 | |||
Sensortek Technology Corp. | 1,000 | 10,498 | |||
Sercomm Corp. | 8,000 | 30,401 | |||
Sesoda Corp. | 14,000 | 14,403 | |||
Shan-Loong Transportation Company, Ltd. | 8,000 | 7,751 | |||
Sharehope Medicine Company, Ltd. | 12,600 | 13,240 | |||
ShenMao Technology, Inc. | 11,000 | 23,396 | |||
Shih Wei Navigation Company, Ltd. | 39,263 | 23,527 | |||
Shihlin Electric & Engineering Corp. | 4,213 | 17,020 | |||
Shin Hai Gas Corp. | 2,491 | 4,300 | |||
Shin Kong Financial Holding Company, Ltd. (A) | 247,171 | 73,410 |
85 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Shin Zu Shing Company, Ltd. | 9,301 | $24,115 | |||
Shining Building Business Company, Ltd. (A) | 29,397 | 8,775 | |||
Shinkong Insurance Company, Ltd. | 9,000 | 16,218 | |||
Shinkong Synthetic Fibers Corp. | 52,287 | 25,690 | |||
Shinkong Textile Company, Ltd. | 22,000 | 29,775 | |||
Shiny Chemical Industrial Company, Ltd. | 4,921 | 20,060 | |||
Shuttle, Inc. (A) | 28,000 | 12,282 | |||
Sigurd Microelectronics Corp. | 29,842 | 53,975 | |||
Silicon Integrated Systems Corp. | 16,500 | 18,319 | |||
Simplo Technology Company, Ltd. | 6,520 | 62,879 | |||
Sinbon Electronics Company, Ltd. | 2,043 | 19,848 | |||
Sincere Navigation Corp. | 13,930 | 8,695 | |||
Sino-American Electronic Company, Ltd. (A)(C) | 10,961 | 0 | |||
Sino-American Silicon Products, Inc. | 22,000 | 107,792 | |||
Sinon Corp. | 15,000 | 17,160 | |||
SinoPac Financial Holdings Company, Ltd. | 153,308 | 82,288 | |||
Sinphar Pharmaceutical Company, Ltd. | 22,000 | 22,782 | |||
Sinyi Realty, Inc. | 20,000 | 17,950 | |||
Sitronix Technology Corp. | 3,000 | 23,484 | |||
Siward Crystal Technology Company, Ltd. | 10,000 | 10,112 | |||
Soft-World International Corp. | 9,000 | 27,244 | |||
Solar Applied Materials Technology Corp. | 32,000 | 37,649 | |||
Solteam, Inc. | 15,000 | 20,354 | |||
Sonix Technology Company, Ltd. | 7,000 | 9,699 | |||
Speed Tech Corp. | 8,000 | 14,025 | |||
Sporton International, Inc. | 3,234 | 26,006 | |||
Sports Gear Company, Ltd. | 10,000 | 19,981 | |||
St. Shine Optical Company, Ltd. | 2,000 | 12,351 | |||
Standard Foods Corp. | 15,221 | 18,201 | |||
Stark Technology, Inc. | 7,000 | 25,547 | |||
SunMax Biotechnology Company, Ltd. | 3,000 | 18,307 | |||
Sunny Friend Environmental Technology Company, Ltd. | 3,373 | 12,171 | |||
Sunonwealth Electric Machine Industry Company, Ltd. | 5,000 | 21,257 | |||
Sunplus Technology Company, Ltd. | 15,000 | 15,134 | |||
Sunrex Technology Corp. | 11,000 | 15,371 | |||
Supreme Electronics Company, Ltd. | 28,419 | 42,982 | |||
Swancor Holding Company, Ltd. | 7,000 | 20,145 | |||
Symtek Automation Asia Company, Ltd. | 9,363 | 31,133 | |||
Syncmold Enterprise Corp. | 5,000 | 9,444 | |||
Synnex Technology International Corp. | 24,188 | 46,360 | |||
Sysgration (A) | 14,000 | 15,668 | |||
Systex Corp. | 5,000 | 17,623 | |||
T3EX Global Holdings Corp. | 5,000 | 11,671 | |||
TA Chen Stainless Pipe | 65,105 | 74,153 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 86 |
Shares | Value | ||||
Taiwan (continued) | |||||
Ta Ya Electric Wire & Cable | 25,684 | $29,705 | |||
TA-I Technology Company, Ltd. | 10,000 | 14,207 | |||
Taichung Commercial Bank Company, Ltd. | 92,317 | 42,707 | |||
TaiDoc Technology Corp. (A) | 4,000 | 21,551 | |||
Taiflex Scientific Company, Ltd. | 10,000 | 13,738 | |||
Taimide Tech, Inc. | 11,000 | 14,033 | |||
Tainan Spinning Company, Ltd. | 62,397 | 29,371 | |||
Taishin Financial Holding Company, Ltd. | 163,735 | 91,413 | |||
TAI-TECH Advanced Electronics Company, Ltd. | 8,000 | 27,082 | |||
Taiwan Business Bank | 130,018 | 54,405 | |||
Taiwan Cement Corp. | 100,419 | 110,091 | |||
Taiwan Cogeneration Corp. | 14,609 | 19,762 | |||
Taiwan Cooperative Financial Holding Company, Ltd. | 119,025 | 98,087 | |||
Taiwan FamilyMart Company, Ltd. | 2,000 | 12,863 | |||
Taiwan Fertilizer Company, Ltd. | 13,000 | 24,317 | |||
Taiwan Fire & Marine Insurance Company, Ltd. | 19,000 | 14,021 | |||
Taiwan FU Hsing Industrial Company, Ltd. | 7,000 | 9,380 | |||
Taiwan Glass Industry Corp. (A) | 35,894 | 22,179 | |||
Taiwan High Speed Rail Corp. | 48,000 | 44,792 | |||
Taiwan Hon Chuan Enterprise Company, Ltd. | 15,329 | 50,171 | |||
Taiwan Hopax Chemicals Manufacturing Company, Ltd. | 9,000 | 10,648 | |||
Taiwan Kolin Company, Ltd. (A)(C) | 400,000 | 0 | |||
Taiwan Land Development Corp. (A)(C) | 58,353 | 3,683 | |||
Taiwan Mask Corp. | 7,000 | 15,302 | |||
Taiwan Mobile Company, Ltd. | 25,700 | 75,188 | |||
Taiwan Navigation Company, Ltd. | 16,000 | 14,195 | |||
Taiwan Paiho, Ltd. | 15,342 | 23,157 | |||
Taiwan PCB Techvest Company, Ltd. | 14,000 | 19,486 | |||
Taiwan Sakura Corp. | 10,000 | 19,594 | |||
Taiwan Secom Company, Ltd. | 8,430 | 27,901 | |||
Taiwan Semiconductor Company, Ltd. | 8,000 | 20,970 | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 431,000 | 7,405,856 | |||
Taiwan Shin Kong Security Company, Ltd. | 13,724 | 17,236 | |||
Taiwan Styrene Monomer | 16,821 | 8,105 | |||
Taiwan Surface Mounting Technology Corp. | 16,636 | 47,803 | |||
Taiwan TEA Corp. (A) | 18,723 | 13,540 | |||
Taiwan Union Technology Corp. | 10,000 | 39,136 | |||
Taiwan-Asia Semiconductor Corp. | 23,033 | 35,368 | |||
Tatung Company, Ltd. (A) | 26,526 | 42,079 | |||
TBI Motion Technology Company, Ltd. | 8,000 | 8,331 | |||
TCI Company, Ltd. | 3,977 | 20,265 | |||
Teco Electric & Machinery Company, Ltd. | 29,109 | 45,557 | |||
Test Research, Inc. | 9,000 | 16,897 | |||
Test Rite International Company, Ltd. | 23,000 | 14,547 |
87 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
The Ambassador Hotel | 17,000 | $30,598 | |||
The Shanghai Commercial & Savings Bank, Ltd. | 61,639 | 82,441 | |||
Thinking Electronic Industrial Company, Ltd. | 4,000 | 19,159 | |||
Thye Ming Industrial Company, Ltd. | 14,000 | 25,571 | |||
Tofu Restaurant Company, Ltd. | 2,000 | 15,649 | |||
Ton Yi Industrial Corp. | 45,000 | 24,568 | |||
Tong Hsing Electronic Industries, Ltd. | 13,287 | 55,129 | |||
Tong Yang Industry Company, Ltd. | 17,043 | 36,203 | |||
Tong-Tai Machine & Tool Company, Ltd. | 24,000 | 13,068 | |||
Topco Scientific Company, Ltd. | 5,193 | 28,130 | |||
Topkey Corp. | 2,000 | 10,558 | |||
Topoint Technology Company, Ltd. | 16,000 | 14,008 | |||
TPK Holding Company, Ltd. | 23,000 | 24,996 | |||
Trade-Van Information Services Company | 6,000 | 12,491 | |||
Transcend Information, Inc. | 14,000 | 31,800 | |||
Tripod Technology Corp. | 11,770 | 69,710 | |||
TSRC Corp. | 25,706 | 19,001 | |||
Ttet Union Corp. | 4,000 | 18,079 | |||
TTY Biopharm Company, Ltd. | 10,094 | 23,978 | |||
Tung Ho Steel Enterprise Corp. | 28,502 | 53,569 | |||
Tung Thih Electronic Company, Ltd. | 4,000 | 16,280 | |||
TXC Corp. | 10,659 | 31,639 | |||
TYC Brother Industrial Company, Ltd. | 16,531 | 17,754 | |||
Tycoons Group Enterprise (A) | 16,164 | 6,566 | |||
Tyntek Corp. (A) | 12,000 | 6,786 | |||
U-Ming Marine Transport Corp. | 18,000 | 25,642 | |||
Unimicron Technology Corp. | 38,855 | 224,826 | |||
Union Bank of Taiwan | 72,609 | 32,924 | |||
Uni-President Enterprises Corp. | 81,803 | 181,375 | |||
Unitech Computer Company, Ltd. | 9,000 | 9,953 | |||
Unitech Printed Circuit Board Corp. | 18,444 | 10,544 | |||
United Integrated Services Company, Ltd. | 8,200 | 55,856 | |||
United Microelectronics Corp. | 251,468 | 359,033 | |||
United Renewable Energy Company, Ltd. | 50,337 | 25,967 | |||
Universal Cement Corp. | 21,443 | 18,874 | |||
Universal Vision Biotechnology Company, Ltd. | 3,339 | 35,130 | |||
UPC Technology Corp. | 31,164 | 14,691 | |||
USI Corp. | 44,318 | 29,553 | |||
Vanguard International Semiconductor Corp. | 36,000 | 76,972 | |||
Ve Wong Corp. | 9,450 | 12,146 | |||
Ventec International Group Company, Ltd. | 4,000 | 11,945 | |||
VIA Labs, Inc. | 3,000 | 20,877 | |||
VisEra Technologies Company, Ltd. | 3,000 | 19,951 | |||
Visual Photonics Epitaxy Company, Ltd. | 4,275 | 19,526 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 88 |
Shares | Value | ||||
Taiwan (continued) | |||||
Voltronic Power Technology Corp. | 1,360 | $61,727 | |||
Wafer Works Corp. | 23,007 | 30,692 | |||
Wah Lee Industrial Corp. | 8,160 | 23,169 | |||
Walsin Lihwa Corp. | 54,707 | 65,063 | |||
Walsin Technology Corp. | 18,805 | 58,139 | |||
Walton Advanced Engineering, Inc. | 37,000 | 15,668 | |||
Wan Hai Lines, Ltd. | 28,502 | 40,457 | |||
WAN HWA Enterprise Company | 2,975 | 1,200 | |||
Wei Chuan Foods Corp. | 24,000 | 14,231 | |||
Weikeng Industrial Company, Ltd. | 20,000 | 18,348 | |||
Win Semiconductors Corp. | 7,582 | 32,305 | |||
Winbond Electronics Corp. (A) | 124,519 | 102,548 | |||
Wintek Corp. (A)(C) | 819,661 | 0 | |||
WinWay Technology Company, Ltd. | 1,000 | 18,690 | |||
Wisdom Marine Lines Company, Ltd. | 27,372 | 39,347 | |||
Wistron Corp. | 38,382 | 140,319 | |||
Wistron NeWeb Corp. | 7,483 | 31,358 | |||
Wiwynn Corp. | 1,000 | 48,734 | |||
Wowprime Corp. | 2,000 | 17,450 | |||
WPG Holdings, Ltd. | 32,779 | 56,408 | |||
WT Microelectronics Company, Ltd. | 17,497 | 37,372 | |||
XinTec, Inc. | 7,000 | 24,942 | |||
Xxentria Technology Materials Corp. | 6,736 | 15,830 | |||
Yageo Corp. | 6,706 | 101,873 | |||
Yang Ming Marine Transport Corp. | 74,613 | 98,828 | |||
Yankey Engineering Company, Ltd. | 3,000 | 23,320 | |||
YC INOX Company, Ltd. | 19,000 | 16,241 | |||
Yem Chio Company, Ltd. | 24,000 | 11,342 | |||
YFC-Boneagle Electric Company, Ltd. | 17,000 | 14,476 | |||
YFY, Inc. | 22,614 | 22,314 | |||
Yieh Phui Enterprise Company, Ltd. | 24,040 | 11,417 | |||
Youngtek Electronics Corp. | 5,058 | 9,042 | |||
Yuanta Financial Holding Company, Ltd. | 145,878 | 111,622 | |||
Yuen Foong Yu Consumer Products Company, Ltd. | 6,000 | 7,274 | |||
Yulon Finance Corp. | 12,462 | 69,481 | |||
Yulon Motor Company, Ltd. | 13,527 | 35,345 | |||
Yungshin Construction & Development Company, Ltd. | 9,000 | 20,666 | |||
Zeng Hsing Industrial Company, Ltd. | 3,223 | 10,163 | |||
Zenitron Corp. | 16,000 | 15,367 | |||
Zero One Technology Company, Ltd. | 14,000 | 26,562 | |||
Zhen Ding Technology Holding, Ltd. | 29,050 | 87,945 | |||
Zig Sheng Industrial Company, Ltd. (A) | 37,000 | 11,091 | |||
Zinwell Corp. (A) | 19,000 | 17,189 | |||
Zippy Technology Corp. | 11,000 | 15,727 |
89 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Taiwan (continued) | |||||
Zyxel Group Corp. | 8,982 | $13,314 | |||
Thailand 2.3% | 4,050,836 | ||||
AAPICO Hitech PCL | 12,870 | 13,219 | |||
Absolute Clean Energy PCL (A) | 104,700 | 5,286 | |||
Advanced Info Service PCL | 16,091 | 99,201 | |||
Advanced Information Technology PCL | 78,900 | 11,264 | |||
AEON Thana Sinsap Thailand PCL, NVDR | 2,900 | 14,486 | |||
Airports of Thailand PCL (A) | 39,000 | 80,712 | |||
Allianz Ayudhya Capital PCL | 12,100 | 13,468 | |||
Amata Corp. PCL | 40,900 | 29,765 | |||
AP Thailand PCL | 109,978 | 39,871 | |||
Asia Plus Group Holdings PCL | 106,500 | 8,880 | |||
Asset World Corp. PCL | 161,000 | 20,030 | |||
B Grimm Power PCL | 18,300 | 17,771 | |||
Bangchak Corp. PCL | 30,900 | 34,169 | |||
Bangkok Airways PCL (A) | 63,400 | 31,301 | |||
Bangkok Bank PCL | 16,005 | 77,430 | |||
Bangkok Chain Hospital PCL | 43,625 | 24,027 | |||
Bangkok Commercial Asset Management PCL | 37,900 | 12,868 | |||
Bangkok Dusit Medical Services PCL | 106,500 | 85,130 | |||
Bangkok Expressway & Metro PCL | 95,525 | 23,593 | |||
Bangkok Insurance PCL | 4,870 | 44,086 | |||
Bangkok Land PCL (A) | 480,800 | 10,982 | |||
Bangkok Life Assurance PCL, NVDR | 15,160 | 10,603 | |||
Banpu PCL | 211,366 | 51,873 | |||
Banpu Power PCL | 31,100 | 13,311 | |||
BCPG PCL | 40,400 | 11,754 | |||
BEC World PCL | 54,300 | 13,564 | |||
Berli Jucker PCL | 26,500 | 25,527 | |||
Better World Green PCL (A) | 256,000 | 5,044 | |||
BTS Group Holdings PCL | 100,400 | 21,063 | |||
Bumrungrad Hospital PCL | 7,800 | 57,662 | |||
Business Online PCL | 27,600 | 8,116 | |||
Cal-Comp Electronics Thailand PCL | 320,014 | 17,616 | |||
Carabao Group PCL | 4,100 | 10,068 | |||
Central Pattana PCL | 12,100 | 23,738 | |||
Central Plaza Hotel PCL (A) | 13,500 | 18,403 | |||
Central Retail Corp. PCL | 46,400 | 54,585 | |||
CH Karnchang PCL | 59,423 | 39,018 | |||
Charoen Pokphand Foods PCL | 92,033 | 54,398 | |||
Chularat Hospital PCL | 197,600 | 17,975 | |||
CK Power PCL | 144,900 | 15,130 | |||
Com7 PCL | 24,800 | 22,808 | |||
CP ALL PCL | 32,400 | 60,332 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 90 |
Shares | Value | ||||
Thailand (continued) | |||||
Delta Electronics Thailand PCL | 28,700 | $88,824 | |||
Dhipaya Group Holdings PCL | 23,600 | 27,958 | |||
Dynasty Ceramic PCL | 351,500 | 20,068 | |||
Eastern Polymer Group PCL | 43,500 | 8,880 | |||
Eastern Water Resources Development & Management PCL | 35,400 | 4,833 | |||
Electricity Generating PCL | 6,200 | 23,612 | |||
Energy Absolute PCL | 14,300 | 25,821 | |||
Esso Thailand PCL | 79,000 | 22,112 | |||
Forth Corp. PCL | 16,900 | 16,878 | |||
GFPT PCL | 38,500 | 11,983 | |||
Global Power Synergy PCL | 17,182 | 25,854 | |||
Green Tech Ventures PCL (A) | 14,200 | 89 | |||
Group Lease PCL, NVDR (A)(C) | 54,000 | 1,002 | |||
Gulf Energy Development PCL | 30,800 | 42,202 | |||
Gunkul Engineering PCL | 209,600 | 21,518 | |||
Hana Microelectronics PCL | 19,800 | 35,147 | |||
Home Product Center PCL | 87,512 | 34,209 | |||
Ichitan Group PCL | 65,300 | 32,247 | |||
Indorama Ventures PCL | 36,400 | 30,125 | |||
Intouch Holdings PCL | 3,700 | 7,683 | |||
IRPC PCL | 400,700 | 26,771 | |||
Italian-Thai Development PCL (A) | 329,300 | 15,038 | |||
Jasmine International PCL (A) | 184,138 | 10,509 | |||
Jaymart Group Holdings PCL | 20,500 | 14,027 | |||
JMT Network Services PCL | 12,139 | 16,112 | |||
Kang Yong Electric PCL | 130 | 1,110 | |||
KCE Electronics PCL | 16,000 | 23,269 | |||
KGI Securities Thailand PCL | 132,500 | 17,781 | |||
Khon Kaen Sugar Industry PCL | 145,500 | 13,215 | |||
Kiatnakin Phatra Bank PCL | 10,300 | 17,641 | |||
Krung Thai Bank PCL | 77,050 | 42,445 | |||
Krungthai Card PCL | 20,700 | 28,654 | |||
Lalin Property PCL | 77,500 | 18,918 | |||
Land & Houses PCL | 95,300 | 22,579 | |||
LH Financial Group PCL | 157,800 | 4,821 | |||
LPN Development PCL | 58,200 | 6,979 | |||
Major Cineplex Group PCL | 20,700 | 8,568 | |||
MBK PCL | 30,189 | 15,944 | |||
MCS Steel PCL | 53,400 | 10,371 | |||
Mega Lifesciences PCL | 11,600 | 14,493 | |||
Minor International PCL | 86,400 | 81,979 | |||
MK Restaurants Group PCL | 12,000 | 16,274 | |||
Muangthai Capital PCL | 19,200 | 22,315 | |||
Ngern Tid Lor PCL | 65,012 | 43,779 |
91 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Thailand (continued) | |||||
Northeast Rubber PCL | 79,900 | $10,947 | |||
Origin Property PCL | 40,350 | 12,208 | |||
Osotspa PCL | 35,900 | 30,745 | |||
PCS Machine Group Holding PCL | 53,400 | 7,470 | |||
Plan B Media PCL | 125,064 | 33,383 | |||
Polyplex Thailand PCL | 14,100 | 5,151 | |||
Precious Shipping PCL | 24,200 | 6,327 | |||
Prima Marine PCL | 49,900 | 9,041 | |||
Pruksa Holding PCL | 26,800 | 10,250 | |||
PSG Corp. PCL (A) | 649,400 | 18,535 | |||
PTG Energy PCL | 31,400 | 9,592 | |||
PTT Exploration & Production PCL | 37,628 | 170,351 | |||
PTT Global Chemical PCL | 28,392 | 30,171 | |||
PTT Oil & Retail Business PCL | 33,200 | 19,332 | |||
PTT PCL | 223,900 | 222,149 | |||
Quality Houses PCL | 489,271 | 32,406 | |||
Rabbit Holdings PCL (A) | 949,200 | 23,830 | |||
Rajthanee Hospital PCL | 9,500 | 7,727 | |||
Ratch Group PCL | 21,600 | 21,897 | |||
Ratchthani Leasing PCL | 163,218 | 15,836 | |||
Regional Container Lines PCL | 18,700 | 11,528 | |||
Rojana Industrial Park PCL | 52,700 | 9,549 | |||
RS PCL | 18,260 | 7,559 | |||
S Hotels & Resorts PCL (A) | 151,000 | 12,763 | |||
Sabina PCL | 12,700 | 9,606 | |||
Saha-Union PCL | 40,600 | 38,254 | |||
Samart Corp. PCL (A) | 27,900 | 4,860 | |||
Sansiri PCL | 773,509 | 45,031 | |||
Sappe PCL | 9,400 | 26,838 | |||
SC Asset Corp. PCL | 95,600 | 12,658 | |||
SCB X PCL | 11,231 | 37,825 | |||
SCG Packaging PCL | 27,600 | 32,294 | |||
SCGJWD Logistics PCL | 39,500 | 17,700 | |||
Sermsang Power Corp. Company, Ltd. | 27,951 | 5,789 | |||
Siam City Cement PCL | 2,541 | 10,049 | |||
Siam Global House PCL | 37,766 | 20,265 | |||
Siamgas & Petrochemicals PCL | 54,100 | 12,983 | |||
Sikarin PCL | 25,200 | 8,349 | |||
Singha Estate PCL | 157,900 | 5,362 | |||
Sino-Thai Engineering & Construction PCL | 50,900 | 17,431 | |||
SISB PCL | 18,700 | 20,148 | |||
Somboon Advance Technology PCL | 19,007 | 10,307 | |||
SPCG PCL | 38,800 | 14,064 | |||
Sri Trang Agro-Industry PCL | 44,300 | 18,460 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 92 |
Shares | Value | ||||
Thailand (continued) | |||||
Sri Trang Gloves Thailand PCL | 39,100 | $8,092 | |||
Srinanaporn Marketing PCL | 30,700 | 19,796 | |||
Srisawad Corp. PCL | 22,700 | 33,024 | |||
Srivichai Vejvivat PCL | 60,400 | 14,134 | |||
Star Petroleum Refining PCL | 71,900 | 18,790 | |||
Supalai PCL | 57,450 | 35,585 | |||
Super Energy Corp. PCL (A) | 697,500 | 10,156 | |||
Tata Steel Thailand PCL | 488,800 | 13,397 | |||
Thai Oil PCL | 37,214 | 54,733 | |||
Thai Stanley Electric PCL | 4,000 | 21,582 | |||
Thai Union Group PCL | 80,500 | 32,865 | |||
Thai Vegetable Oil PCL | 25,850 | 17,269 | |||
Thaicom PCL | 84,500 | 34,694 | |||
Thaifoods Group PCL | 112,700 | 12,681 | |||
Thanachart Capital PCL | 18,400 | 26,794 | |||
The Lanna Resources PCL | 39,100 | 19,090 | |||
The Siam Cement PCL | 3,750 | 33,502 | |||
Thonburi Healthcare Group PCL | 9,200 | 17,208 | |||
Thoresen Thai Agencies PCL | 116,000 | 20,538 | |||
Tipco Asphalt PCL, NVDR | 31,100 | 15,274 | |||
Tisco Financial Group PCL | 8,100 | 23,821 | |||
TMBThanachart Bank PCL | 368,010 | 17,961 | |||
TOA Paint Thailand PCL | 10,900 | 8,246 | |||
TPI Polene PCL | 404,300 | 17,544 | |||
TPI Polene Power PCL | 106,000 | 10,293 | |||
TQM Alpha PCL | 14,600 | 12,708 | |||
Triple I Logistics PCL | 35,200 | 12,457 | |||
True Corp. PCL | 182,687 | 35,964 | |||
True Corp. PCL, NVDR | 136,185 | 26,810 | |||
TTW PCL | 49,900 | 12,612 | |||
Unique Engineering & Construction PCL (A) | 35,780 | 3,350 | |||
Univanich Palm Oil PCL | 42,900 | 10,224 | |||
Vanachai Group PCL | 92,900 | 10,554 | |||
VGI PCL | 90,200 | 7,619 | |||
WHA Corp. PCL | 174,900 | 25,954 | |||
Workpoint Entertainment PCL | 11,640 | 5,153 | |||
Xspring Capital PCL (A) | 431,000 | 18,578 | |||
Turkey 1.1% | 1,896,983 | ||||
Akbank TAS | 98,026 | 105,451 | |||
Aksa Akrilik Kimya Sanayii AS | 9,180 | 27,569 | |||
Aksa Enerji Uretim AS | 13,694 | 20,469 | |||
Alarko Holding AS | 1 | 3 | |||
Alkim Alkali Kimya AS | 11,426 | 16,237 |
93 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
Turkey (continued) | |||||
Anadolu Anonim Turk Sigorta Sirketi (A) | 15,271 | $22,127 | |||
Anadolu Hayat Emeklilik AS | 1 | 1 | |||
Arcelik AS | 4,380 | 26,654 | |||
Aselsan Elektronik Sanayi Ve Ticaret AS | 18,428 | 26,490 | |||
Bera Holding AS | 13,912 | 7,016 | |||
BIM Birlesik Magazalar AS | 8,299 | 78,337 | |||
Borusan Yatirim ve Pazarlama AS | 11 | 822 | |||
Brisa Bridgestone Sabanci Sanayi ve Ticaret AS | 1,525 | 4,163 | |||
Coca-Cola Icecek AS | 2,666 | 39,230 | |||
Dogan Sirketler Grubu Holding AS | 80,206 | 42,465 | |||
Eczacibasi Yatirim Holding Ortakligi AS | 1 | 4 | |||
EGE Endustri VE Ticaret AS | 178 | 47,912 | |||
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 1 | 1 | |||
Enka Insaat ve Sanayi AS | 28,514 | 34,953 | |||
Eregli Demir ve Celik Fabrikalari TAS (A) | 17,613 | 28,306 | |||
Ford Otomotiv Sanayi AS | 1,299 | 41,912 | |||
Galatasaray Sportif Sinai ve Ticari Yatirimlar AS (A) | 1 | 0 | |||
Goldas Kuyumculuk Sanayi Ithalat Ve Bagli Ortakliklari (A)(C) | 54,847 | 194 | |||
Hektas Ticaret TAS (A) | 31,796 | 30,485 | |||
Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (A) | 8,657 | 15,778 | |||
Is Yatirim Menkul Degerler AS | 39,425 | 62,636 | |||
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D | 37,562 | 35,095 | |||
KOC Holding AS | 12,619 | 66,958 | |||
Koza Altin Isletmeleri AS | 20,937 | 22,270 | |||
Koza Anadolu Metal Madencilik Isletmeleri AS (A) | 8,796 | 21,534 | |||
Logo Yazilim Sanayi Ve Ticaret AS | 8,054 | 22,334 | |||
Mavi Giyim Sanayi Ve Ticaret AS, Class B (B) | 10,890 | 43,903 | |||
Migros Ticaret AS | 5,109 | 66,313 | |||
Nuh Cimento Sanayi AS | 3,603 | 25,621 | |||
Otokar Otomotiv Ve Savunma Sanayi A.S. (A) | 1,315 | 17,653 | |||
Oyak Cimento Fabrikalari AS (A) | 30,233 | 71,702 | |||
Pegasus Hava Tasimaciligi AS (A) | 1,333 | 43,608 | |||
Petkim Petrokimya Holding AS (A) | 35,494 | 27,136 | |||
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 14,902 | 21,012 | |||
Sasa Polyester Sanayi AS (A) | 23,489 | 46,345 | |||
TAV Havalimanlari Holding AS (A) | 6,086 | 27,907 | |||
Tofas Turk Otomobil Fabrikasi AS | 4,325 | 43,647 | |||
Turk Hava Yollari AO (A) | 12,832 | 117,551 | |||
Turk Telekomunikasyon AS (A) | 16,647 | 15,989 | |||
Turk Traktor ve Ziraat Makineleri AS | 838 | 28,536 | |||
Turkcell Iletisim Hizmetleri AS | 33,861 | 70,615 | |||
Turkiye Is Bankasi AS, Class C | 61,570 | 48,471 | |||
Turkiye Petrol Rafinerileri AS | 21,126 | 111,495 | |||
Turkiye Sinai Kalkinma Bankasi AS (A) | 100,006 | 26,582 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 94 |
Shares | Value | ||||
Turkey (continued) | |||||
Turkiye Sise ve Cam Fabrikalari AS | 15,535 | $29,760 | |||
Turkiye Vakiflar Bankasi TAO, Class D (A) | 34,357 | 17,448 | |||
Ulker Biskuvi Sanayi AS (A) | 4,197 | 9,574 | |||
Vestel Beyaz Esya Sanayi ve Ticaret AS | 41,551 | 28,187 | |||
Vestel Elektronik Sanayi ve Ticaret AS (A) | 3,881 | 9,979 | |||
Yapi ve Kredi Bankasi AS | 103,943 | 61,734 | |||
Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 10,687 | 15,793 | |||
Zorlu Enerji Elektrik Uretim AS (A) | 126,857 | 23,016 | |||
United Arab Emirates 1.7% | 2,965,725 | ||||
Abu Dhabi Commercial Bank PJSC | 76,457 | 179,643 | |||
Abu Dhabi Islamic Bank PJSC | 61,437 | 174,302 | |||
Abu Dhabi National Hotels | 13,522 | 36,624 | |||
Abu Dhabi National Insurance Company PSC | 12,053 | 20,015 | |||
Abu Dhabi National Oil Company for Distribution PJSC | 72,924 | 75,627 | |||
Abu Dhabi Ports Company PJSC (A) | 35,568 | 61,970 | |||
ADNOC Drilling Company PJSC | 35,793 | 39,939 | |||
Agthia Group PJSC | 30,833 | 42,723 | |||
Air Arabia PJSC | 105,388 | 84,631 | |||
Ajman Bank PJSC (A) | 67,007 | 44,518 | |||
Al Seer Marine Supplies & Equipment Company LLC (A) | 5,642 | 12,292 | |||
Al Yah Satellite Communications Company PJSC | 34,489 | 23,657 | |||
Aldar Properties PJSC | 61,488 | 88,013 | |||
Alpha Dhabi Holding PJSC (A) | 2,530 | 13,843 | |||
Amanat Holdings PJSC | 67,383 | 19,808 | |||
Amlak Finance PJSC (A) | 104,226 | 24,728 | |||
Apex Investment Company PSC (A) | 37,681 | 23,695 | |||
Aramex PJSC | 37,355 | 25,811 | |||
Burjeel Holdings PLC | 34,548 | 26,607 | |||
Dana Gas PJSC | 223,364 | 56,183 | |||
Deyaar Development PJSC (A) | 206,049 | 39,578 | |||
Dubai Electricity & Water Authority PJSC | 123,765 | 85,917 | |||
Dubai Financial Market PJSC | 68,901 | 30,187 | |||
Dubai Investments PJSC | 116,289 | 78,510 | |||
Dubai Islamic Bank PJSC | 115,599 | 177,473 | |||
Emaar Development PJSC | 56,059 | 99,997 | |||
Emaar Properties PJSC | 152,672 | 293,399 | |||
Emirates Driving Company | 2,368 | 17,370 | |||
Emirates Integrated Telecommunications Company PJSC | 37,210 | 53,881 | |||
Emirates NBD Bank PJSC | 54,677 | 243,300 | |||
Emirates Telecommunications Group Company PJSC | 59,004 | 318,635 | |||
EMSTEEL Building Materials PJSC (A) | 86,112 | 37,250 | |||
Eshraq Investments PJSC (A) | 147,158 | 21,025 | |||
Fertiglobe PLC | 62,178 | 57,202 |
95 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Shares | Value | ||||
United Arab Emirates (continued) | |||||
First Abu Dhabi Bank PJSC | 54,003 | $201,083 | |||
Ghitha Holding PJSC (A) | 887 | 10,300 | |||
Gulf Navigation Holding PJSC (A) | 18,827 | 36,732 | |||
Gulf Pharmaceutical Industries PSC (A) | 43,334 | 10,066 | |||
RAK Properties PJSC (A) | 63,646 | 20,094 | |||
Ras Al Khaimah Ceramics | 21,048 | 14,498 | |||
SHUAA Capital PSC (A) | 124,409 | 13,306 | |||
Union Properties PJSC (A) | 283,533 | 31,293 | |||
United Kingdom 0.0% | 27,490 | ||||
Pepco Group NV (A) | 3,509 | 27,490 | |||
United States 0.1% | 227,675 | ||||
BeiGene, Ltd. (A) | 5,400 | 86,626 | |||
Nexteer Automotive Group, Ltd. | 54,000 | 34,752 | |||
Parade Technologies, Ltd. | 1,000 | 28,076 | |||
SharkNinja, Inc. (A) | 2,240 | 78,221 | |||
Preferred securities 1.2% | $2,088,595 | ||||
(Cost $1,431,750) | |||||
Brazil 1.1% | 1,885,594 | ||||
Alpargatas SA (A) | 6,600 | 11,209 | |||
Banco ABC Brasil SA | 5,383 | 20,186 | |||
Banco Bradesco SA | 32,833 | 99,121 | |||
Banco do Estado do Rio Grande do Sul SA, B Shares | 6,855 | 16,944 | |||
Banco Pan SA | 5,944 | 10,503 | |||
Braskem SA, A Shares (A) | 3,500 | 15,719 | |||
Centrais Eletricas Brasileiras SA, B Shares | 3,254 | 25,456 | |||
Centrais Eletricas Santa Catarina | 900 | 11,721 | |||
Cia de Saneamento do Parana | 25,343 | 23,337 | |||
Cia de Transmissao de Energia Eletrica Paulista | 8,072 | 40,620 | |||
Cia Energetica de Minas Gerais | 31,155 | 77,572 | |||
Cia Ferro Ligas da Bahia | 1,876 | 17,532 | |||
Cia Paranaense de Energia, B Shares | 36,600 | 64,005 | |||
Gerdau SA | 18,900 | 98,659 | |||
Itau Unibanco Holding SA | 41,480 | 229,763 | |||
Marcopolo SA | 16,845 | 20,614 | |||
Petroleo Brasileiro SA | 150,238 | 969,013 | |||
Raizen SA | 35,000 | 25,656 | |||
Randon SA Implementos e Participacoes | 12,025 | 29,067 | |||
Taurus Armas SA | 3,300 | 9,903 | |||
Unipar Carbocloro SA, B Shares | 2,421 | 37,791 | |||
Usinas Siderurgicas de Minas Gerais SA, A Shares | 22,459 | 31,203 | |||
Chile 0.1% | 141,079 | ||||
Coca-Cola Embonor SA, B Shares | 11,321 | 17,329 |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 96 |
Shares | Value | ||||
Chile (continued) | |||||
Embotelladora Andina SA, B Shares | 17,785 | $44,850 | |||
Sociedad Quimica y Minera de Chile SA, B Shares | 1,274 | 78,900 | |||
Colombia 0.0% | 49,988 | ||||
Bancolombia SA | 4,585 | 30,488 | |||
Grupo Argos SA | 4,425 | 5,809 | |||
Grupo Aval Acciones y Valores SA | 66,084 | 8,239 | |||
Grupo de Inversiones Suramericana SA | 1,784 | 5,452 | |||
India 0.0% | 4,815 | ||||
Sundaram-Clayton, Ltd. (A)(C) | 39 | 9 | |||
TVS Holdings, Ltd. (A) | 38,628 | 4,806 | |||
Philippines 0.0% | 7,119 | ||||
Cebu Air, Inc., 6.000% | 11,227 | 7,119 | |||
Rights 0.0% | $5,701 | ||||
(Cost $3,528) | |||||
CJ CGV Company, Ltd. (Expiration Date: 9-8-23; Strike Price: KRW 5,560.00) (A) | 1,280 | 1,908 | |||
Coremax Corp. (Expiration Date: 9-15-23; Strike Price: TWD 68.00) (A) | 365 | 65 | |||
Inpaq Technology Company, Ltd. (Expiration Date: 9-8-23; Strike Price: TWD 45.00) (A) | 333 | 102 | |||
Jalles Machado SA (Expiration Date: 9-20-23; Strike Price: BRL 6.47) (A) | 221 | 116 | |||
Mercuries & Associates Holding, Ltd. (Expiration Date: 9-13-23; Strike Price: TWD 12.50) (A) | 2,627 | 74 | |||
Quintain Steel Company, Ltd. (Expiration Date: 9-21-23; Strike Price: TWD 11.70) (A) | 4,453 | 315 | |||
Samart Corp. PCL (Expiration Date: 1-1-26) (A)(C)(E) | 279 | 0 | |||
SK Innovation Company, Ltd. (Expiration Date: 9-7-23; Strike Price: KRW 158,900.00) (A) | 109 | 3,121 | |||
Warrants 0.0% | $49 | ||||
(Cost $0) | |||||
Better World Green PCL (Expiration Date: 1-1-24; Strike Price: THB 1.00) (A) | 42,666 | 49 | |||
Yield (%) | Shares | Value | |||
Short-term investments 0.1% | $165,600 | ||||
(Cost $165,594) | |||||
Short-term funds 0.1% | 165,600 | ||||
John Hancock Collateral Trust (F) | 5.4789(G) | 16,566 | 165,600 |
Total investments (Cost $163,678,972) 100.2% | $176,925,065 | ||||
Other assets and liabilities, net (0.2%) | (328,031) | ||||
Total net assets 100.0% | $176,597,034 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. |
97 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL REPORT | SEE NOTES TO FINANCIAL STATEMENTS |
Currency Abbreviations | |
BRL | Brazilian Real |
KRW | Korean Won |
THB | Thai Bhat |
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) | 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) | All or a portion of this security is on loan as of 8-31-23. |
(E) | Strike price and/or expiration date not available. |
(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 8-31-23. |
SEE NOTES TO FINANCIAL STATEMENTS | ANNUAL REPORT | JOHN HANCOCK EMERGING MARKETS FUND | 98 |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P 500 E-Mini Index Futures | 3 | Long | Sep 2023 | $679,732 | $677,400 | $(2,332) |
$(2,332) |
99 | JOHN HANCOCK EMERGING MARKETS FUND | ANNUAL 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. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
The registrant has adopted procedures by which shareholders may recommend nominees to the registrant's Board of Trustees. A copy of the procedures is filed as an exhibit to this Form N-CSR. See attached "John Hancock Funds – Nominating, Governance and Administration Committee Charter".
ITEM 11. CONTROLS AND PROCEDURES.
(a)Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this Form N-CSR, the registrant's principal executive officer and principal financial officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.
(b)There were no changes in the registrant's internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable.
ITEM 13. EXHIBITS.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
JOHN HANCOCK FUNDS II
/s/ Kristie M. Feinberg
Kristie M. Feinberg
President
Date: October 10, 2023
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/ Kristie M. Feinberg
Kristie M. Feinberg
President
Date: October 10, 2023
/s/ Charles A. Rizzo
Charles A. Rizzo
Chief Financial Officer
Date: October 10, 2023